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 811-04146
JOHN HANCOCK VARIABLE INSURANCE TRUST
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(Exact name of registrant as specified in charter)
601 CONGRESS STREET, BOSTON, MA 02210-2805
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(Address of principal executive offices) (Zip code)
SALVATORE SCHIAVONE, 601 CONGRESS STREET, BOSTON, MA 02210-2805
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(Name and address of agent for service)
Registrant's telephone number, including area code: (617) 663-4497
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Date of fiscal year end: 12/31
Date of reporting period: 6/30/18
ITEM 1. REPORTS TO STOCKHOLDERS.
The Registrant prepared three semiannual reports to shareholders for the period ended June 30, 2018. The first report applies to 39 of the Registrant’s portfolios, the second report applies to 12 of the Registrant’s portfolios and the third report applies to 5 of the Registrant’s portfolios.
Sector weightings | 3 |
Shareholder expense example | 6 |
Summary Portfolio of Investments (See below for each Portfolio’s page #) | 12 |
Statements of assets and liabilities | 54 |
Statements of operations | 64 |
Statements of changes in net assets | 74 |
Financial highlights | 81 |
Notes to financial statements | 101 |
Special shareholder meeting | 142 |
Evaluation of advisory and subadvisory agreements by the board of trustees | 143 |
For more information | 161 |
Portfolio | Summary Portfolio of Investments | |||||
---|---|---|---|---|---|---|
500 Index Trust | 12 | |||||
American Asset Allocation Trust | 13 | |||||
American Global Growth Trust | 13 | |||||
American Growth Trust | 13 | |||||
American Growth-Income Trust | 13 | |||||
American International Trust | 13 | |||||
Blue Chip Growth Trust | 13 | |||||
Capital Appreciation Trust | 14 | |||||
Capital Appreciation Value Trust | 15 | |||||
Emerging Markets Value Trust | 20 | |||||
Equity Income Trust | 21 | |||||
Financial Industries Trust | 23 | |||||
Fundamental All Cap Core Trust | 24 | |||||
Fundamental Large Cap Value Trust | 25 | |||||
Global Trust | 26 | |||||
Health Sciences Trust | 27 | |||||
International Equity Index Trust | 28 | |||||
International Growth Stock Trust | 30 | |||||
International Small Company Trust | 31 | |||||
International Value Trust | 32 | |||||
Lifestyle Aggressive Portfolio | 33 | |||||
Lifestyle Balanced Portfolio | 34 | |||||
Lifestyle Conservative Portfolio | 34 | |||||
Lifestyle Growth Portfolio | 34 | |||||
Lifestyle Moderate Portfolio | 35 | |||||
Mid Cap Index Trust | 35 | |||||
Mid Cap Stock Trust | 36 | |||||
Mid Value Trust | 37 | |||||
Mutual Shares Trust | 38 | |||||
Real Estate Securities Trust | 40 | |||||
Science & Technology Trust | 41 | |||||
Small Cap Index Trust | 42 | |||||
Small Cap Opportunities Trust | 43 | |||||
Small Cap Stock Trust (formerly Small Cap Growth Trust) | 44 | |||||
Small Cap Value Trust | 46 | |||||
Small Company Value Trust | 46 | |||||
Strategic Equity Allocation Trust | 47 | |||||
Total Stock Market Index Trust | 49 | |||||
Utilities Trust | 50 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 25.2 | |||||
Health care | 13.7 | |||||
Financials | 13.4 | |||||
Consumer discretionary | 12.5 | |||||
Industrials | 9.3 | |||||
Consumer staples | 6.7 | |||||
Energy | 6.1 | |||||
Utilities | 2.9 | |||||
Real estate | 2.8 | |||||
Materials | 2.5 | |||||
Telecommunication services | 1.9 | |||||
Short-term investments and other | 3.0 |
Portfolio Composition** | | % of Total | ||||
---|---|---|---|---|---|---|
Common stocks | 62.1 | |||||
U.S. Government & Agency obligations | 11.3 | |||||
Corporate bonds | 9.0 | |||||
Collateralized mortgage obligations | 5.0 | |||||
Asset backed securities | 0.5 | |||||
Foreign government obligations | 0.2 | |||||
Short-term investments and other | 11.9 |
Sector Composition** | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 33.2 | |||||
Consumer discretionary | 19.3 | |||||
Health care | 10.4 | |||||
Financials | 9.7 | |||||
Consumer staples | 6.8 | |||||
Industrials | 6.0 | |||||
Energy | 2.1 | |||||
Materials | 2.1 | |||||
Telecommunication services | 1.1 | |||||
Short-term investments and other | 9.3 |
Sector Composition** | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 33.3 | |||||
Consumer discretionary | 21.6 | |||||
Health care | 13.9 | |||||
Financials | 10.3 | |||||
Energy | 7.5 | |||||
Industrials | 4.3 | |||||
Consumer staples | 1.6 | |||||
Materials | 1.3 | |||||
Real estate | 1.2 | |||||
Telecommunication services | 0.7 | |||||
Utilities | 0.4 | |||||
Short-term investments and other | 3.9 |
Sector Composition** | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 18.9 | |||||
Consumer discretionary | 13.9 | |||||
Health care | 13.9 | |||||
Financials | 11.2 | |||||
Industrials | 10.4 | |||||
Consumer staples | 8.0 | |||||
Energy | 6.7 | |||||
Materials | 4.3 | |||||
Real estate | 1.7 | |||||
Utilities | 1.4 | |||||
Telecommunication services | 1.3 | |||||
Short-term investments and other | 8.3 |
Sector Composition** | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 15.7 | |||||
Industrials | 13.7 | |||||
Information technology | 12.5 | |||||
Consumer discretionary | 10.8 | |||||
Health care | 10.8 | |||||
Consumer staples | 8.1 | |||||
Materials | 7.6 | |||||
Energy | 4.7 | |||||
Utilities | 4.4 | |||||
Telecommunication services | 1.6 | |||||
Real estate | 1.6 | |||||
Short-term investments and other | 8.5 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 42.6 | |||||
Consumer discretionary | 22.6 | |||||
Health care | 16.0 | |||||
Financials | 8.8 | |||||
Industrials | 8.5 | |||||
Materials | 0.6 | |||||
Utilities | 0.3 | |||||
Real estate | 0.3 | |||||
Consumer staples | 0.1 | |||||
Short-term investments and other | 0.2 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 50.5 | |||||
Consumer discretionary | 21.9 | |||||
Health care | 7.8 | |||||
Industrials | 6.2 | |||||
Consumer staples | 4.8 | |||||
Financials | 4.1 | |||||
Energy | 1.1 | |||||
Materials | 0.9 | |||||
Short-term investments and other | 2.7 |
Portfolio Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Common stocks | 70.0 | |||||
Corporate bonds | 16.6 | |||||
U.S. Government | 4.3 | |||||
Preferred securities | 3.9 | |||||
Term loans | 2.3 | |||||
Asset backed securities | 0.4 | |||||
Short-term investments and other | 2.5 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 27.7 | |||||
Materials | 17.4 | |||||
Energy | 14.0 | |||||
Information technology | 9.4 | |||||
Industrials | 8.8 | |||||
Consumer discretionary | 7.5 | |||||
Telecommunication services | 4.2 | |||||
Real estate | 3.8 | |||||
Consumer staples | 2.6 | |||||
Utilities | 1.3 | |||||
Health care | 1.3 | |||||
Short-term investments and other | 2.0 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 24.8 | |||||
Health care | 12.5 | |||||
Energy | 10.6 | |||||
Industrials | 10.1 | |||||
Consumer discretionary | 7.9 | |||||
Information technology | 7.8 | |||||
Consumer staples | 6.7 | |||||
Utilities | 6.4 | |||||
Materials | 5.6 | |||||
Telecommunication services | 3.0 | |||||
Real estate | 2.8 | |||||
Short-term investments and other | 1.8 |
Industry Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Banks | 55.6 | |||||
Insurance | 16.9 | |||||
Capital markets | 8.8 | |||||
Consumer finance | 5.6 | |||||
Diversified financial services | 5.5 | |||||
Equity real estate investment trusts | 3.6 | |||||
Thrifts and mortgage finance | 1.3 | |||||
IT services | 0.6 | |||||
Real estate management and development | 0.5 | |||||
Short-term investments and other | 1.6 |
Sector Compostition* | | % of Total | ||||
---|---|---|---|---|---|---|
Consumer discretionary | 26.2 | |||||
Information technology | 24.6 | |||||
Financials | 21.6 | |||||
Industrials | 9.5 | |||||
Energy | 6.1 | |||||
Health care | 4.2 | |||||
Real estate | 2.3 | |||||
Consumer staples | 1.9 | |||||
Materials | 1.3 | |||||
Short-term investments and other | 2.3 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 31.5 | |||||
Industrials | 15.2 | |||||
Information technology | 14.3 | |||||
Health care | 11.9 | |||||
Energy | 11.5 | |||||
Consumer discretionary | 8.7 | |||||
Consumer staples | 3.7 | |||||
Materials | 2.2 | |||||
Short-term investments and other | 1.0 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 20.0 | |||||
Health care | 18.1 | |||||
Energy | 11.2 | |||||
Information technology | 10.7 | |||||
Consumer discretionary | 10.5 | |||||
Industrials | 7.5 | |||||
Telecommunication services | 6.9 | |||||
Consumer staples | 4.4 | |||||
Materials | 3.6 | |||||
Utilities | 2.4 | |||||
Real estate | 1.0 | |||||
Short-term investments and other | 3.7 |
Industry Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Biotechnology | 38.9 | |||||
Health care equipment and supplies | 21.6 | |||||
Health care providers and services | 21.0 | |||||
Pharmaceuticals | 10.3 | |||||
Life sciences tools and services | 5.7 | |||||
Health care technology | 1.3 | |||||
Specialty retail | 0.3 | |||||
Short-term investments and other | 0.9 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 21.0 | |||||
Information technology | 11.5 | |||||
Industrials | 11.4 | |||||
Consumer discretionary | 10.9 | |||||
Consumer staples | 9.4 | |||||
Health care | 7.9 | |||||
Materials | 7.9 | |||||
Energy | 7.3 | |||||
Telecommunication services | 3.6 | |||||
Real estate | 3.0 | |||||
Utilities | 2.9 | |||||
Short-term investments and other | 3.2 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 22.7 | |||||
Information technology | 18.5 | |||||
Consumer staples | 18.4 | |||||
Industrials | 16.0 | |||||
Consumer discretionary | �� | 8.3 | ||||
Health care | 5.5 | |||||
Energy | 4.0 | |||||
Materials | 3.3 | |||||
Short-term investments and other | 3.3 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Industrials | 24.1 | |||||
Consumer discretionary | 16.3 | |||||
Financials | 11.9 | |||||
Materials | 11.5 | |||||
Information technology | 10.0 | |||||
Consumer staples | 6.2 | |||||
Health care | 5.2 | |||||
Energy | 5.2 | |||||
Real estate | 4.2 | |||||
Utilities | 2.8 | |||||
Telecommunication services | 1.4 | |||||
Short-term investments and other | 1.2 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 20.9 | |||||
Health care | 17.1 | |||||
Energy | 13.2 | |||||
Industrials | 9.2 | |||||
Information technology | 9.1 | |||||
Materials | 8.1 | |||||
Telecommunication services | 7.2 | |||||
Consumer discretionary | 6.0 | |||||
Consumer staples | 3.3 | |||||
Utilities | 2.2 | |||||
Real estate | 0.4 | |||||
Short-term investments and other | 3.3 |
Asset Allocation* | | % of Total | ||||
---|---|---|---|---|---|---|
Large blend | 82.4 | |||||
Exchange-traded funds | 17.6 |
Asset Allocation* | | % of Total | ||||
---|---|---|---|---|---|---|
Intermediate bond | 50.3 | |||||
Large blend | 49.7 |
Asset Allocation* | | % of Total | ||||
---|---|---|---|---|---|---|
Intermediate bond | 80.3 | |||||
Large blend | 19.7 |
Asset Allocation* | | % of Total | ||||
---|---|---|---|---|---|---|
Large blend | 70.0 | |||||
Intermediate bond | 30.0 |
Asset Allocation* | | % of Total | ||||
---|---|---|---|---|---|---|
Intermediate bond | 60.5 | |||||
Large blend | 39.5 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 16.0 | |||||
Information technology | 15.6 | |||||
Industrials | 14.0 | |||||
Consumer discretionary | 12.6 | |||||
Real estate | 9.3 | |||||
Health care | 9.0 | |||||
Materials | 6.8 | |||||
Energy | 5.2 | |||||
Utilities | 4.7 | |||||
Consumer staples | 3.4 | |||||
Telecommunication services | 0.1 | |||||
Short-term Investments and other | 3.3 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 31.1 | |||||
Consumer discretionary | 27.2 | |||||
Health care | 16.2 | |||||
Industrials | 11.6 | |||||
Financials | 2.6 | |||||
Materials | 2.6 | |||||
Real estate | 1.5 | |||||
Energy | 1.1 | |||||
Consumer staples | 1.0 | |||||
Short-term investments and other | 5.1 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 17.4 | |||||
Health care | 13.6 | |||||
Consumer staples | 11.8 | |||||
Energy | 11.4 | |||||
Industrials | 9.0 | |||||
Materials | 7.4 | |||||
Real estate | 7.3 | |||||
Utilities | 6.2 | |||||
Consumer discretionary | 5.8 | |||||
Information technology | 1.4 | |||||
Telecommunication services | 0.3 | |||||
Short-term investments and other | 8.4 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 20.2 | |||||
Health care | 12.1 | |||||
Information technology | 11.8 | |||||
Consumer discretionary | 10.5 | |||||
Energy | 10.0 | |||||
Consumer staples | 7.5 | |||||
Industrials | 6.7 | |||||
Telecommunication services | 4.0 | |||||
Materials | 3.3 | |||||
Utilities | 3.4 | |||||
Real estate | 1.8 | |||||
Short-term investments and other | 8.7 |
Portfolio Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Specialized REITs | 18.4 | |||||
Retail REITs | 17.8 | |||||
Residential REITs | 17.5 | |||||
Office REITs | 12.3 | |||||
Health care REITs | 10.5 | |||||
Industrial REITs | 10.1 | |||||
Hotel and resort REITs | 6.9 | |||||
Diversified REITs | 3.0 | |||||
Hotels, resorts and cruise lines | 1.5 | |||||
IT consulting and other services | 0.7 | |||||
Real estate operating companies | 0.4 | |||||
Short-term investments and other | 0.9 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 75.8 | |||||
Consumer discretionary | 14.6 | |||||
Health care | 1.7 | |||||
Industrials | 0.6 | |||||
Materials | 0.6 | |||||
Telecommunication services | 0.2 | |||||
Short-term investments and other | 6.5 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 17.3 | |||||
Health care | 15.1 | |||||
Industrials | 14.4 | |||||
Information technology | 14.4 | |||||
Consumer discretionary | 12.9 | |||||
Real estate | 7.0 | |||||
Energy | 4.8 | |||||
Materials | 4.2 | |||||
Utilities | 3.2 | |||||
Consumer staples | 2.7 | |||||
Telecommunication services | 0.7 | |||||
Short-term investments and other | 3.3 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 21.3 | |||||
Industrials | 20.9 | |||||
Consumer discretionary | 14.6 | |||||
Information technology | 14.5 | |||||
Health care | 11.2 | |||||
Energy | 7.2 | |||||
Materials | 5.3 | |||||
Consumer staples | 2.7 | |||||
Real estate | 1.2 | |||||
Telecommunication services | 0.5 | |||||
Utilities | 0.1 | |||||
Short-term investments and other | 0.5 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Health care | 23.7 | |||||
Information technology | 22.4 | |||||
Industrials | 16.1 | |||||
Consumer discretionary | 14.6 | |||||
Financials | 7.9 | |||||
Materials | 6.1 | |||||
Real estate | 2.4 | |||||
Consumer staples | 1.8 | |||||
Energy | 1.6 | |||||
Telecommunication services | 1.2 | |||||
Short-term investments and other | 2.2 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Industrials | 32.7 | |||||
Financials | 20.9 | |||||
Real estate | 9.2 | |||||
Information technology | 7.8 | |||||
Materials | 7.7 | |||||
Health care | 4.9 | |||||
Energy | 4.8 | |||||
Consumer discretionary | 4.0 | |||||
Consumer staples | 3.2 | |||||
Utilities | 1.7 | |||||
Short-term investments and other | 3.1 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Financials | 28.2 | |||||
Industrials | 13.2 | |||||
Consumer discretionary | 10.8 | |||||
Information technology | 9.1 | |||||
Real estate | 8.7 | |||||
Health care | 6.7 | |||||
Utilities | 6.4 | |||||
Energy | 6.2 | |||||
Materials | 4.6 | |||||
Consumer staples | 4.3 | |||||
Short-term investments and other | 1.8 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 18.2 | |||||
Financials | 15.6 | |||||
Consumer discretionary | 12.4 | |||||
Health care | 12.3 | |||||
Industrials | 11.3 | |||||
Consumer staples | 7.7 | |||||
Energy | 5.9 | |||||
Materials | 4.6 | |||||
Real estate | 3.6 | |||||
Utilities | 3.1 | |||||
Telecommunication services | 2.3 | |||||
Short-term investments and other | 3.0 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Information technology | 23.5 | |||||
Financials | 14.0 | |||||
Consumer discretionary | 13.3 | |||||
Health care | 12.5 | |||||
Industrials | 9.7 | |||||
Energy | 6.8 | |||||
Consumer staples | 6.7 | |||||
Real estate | 3.7 | |||||
Materials | 2.9 | |||||
Utilities | 2.7 | |||||
Telecommunication services | 1.8 | |||||
Short-term investments and other | 2.4 |
Sector Composition* | | % of Total | ||||
---|---|---|---|---|---|---|
Utilities | 63.8 | |||||
Energy | 16.4 | |||||
Telecommunication services | 10.8 | |||||
Consumer discretionary | 3.9 | |||||
Real estate | 2.5 | |||||
Industrials | 0.4 | |||||
Short-term investments and other | 2.2 |
* | As a percentage of net assets. |
** | The weightings represent the holdings of the American Funds Insurance Series. For further details, please visit the American Funds website at americanfunds.com/afis. |
John Hancock Variable Insurance Trust |
Shareholder expense example |
As a shareholder of a portfolio of John Hancock Variable Insurance Trust, you incur ongoing costs, such as management fees, distribution (Rule 12b-1) fees and other expenses. In the case of the American Portfolios and the Lifestyle Portfolios, in addition to the operating expenses which the portfolio bears directly, the portfolio indirectly bears a pro rata share of the operating expenses of the underlying funds in which the portfolio invests. Because the underlying funds have varied operating expenses and transaction costs and the portfolio may own different proportions of the underlying funds at different times, the amount of expenses incurred indirectly by the portfolio will vary. Had these indirect expenses been reflected in the following analysis, total expenses would be higher than amounts shown.
These examples are intended to help you understand your ongoing costs (in dollars) of investing in a portfolio so you can compare these costs with the ongoing costs of investing in other mutual funds. The examples are based on an investment of $1,000 at the beginning of the period and held for the entire period (January 1, 2018 through June 30, 2018).
Actual expenses:
The first line of each share class in the following table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period ended” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes:
The second line of each share class in the table below and on the following pages provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed annualized rate of return of 5% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the portfolio and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. Please remember that these hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs and insurance-related charges. Therefore, the second line of each share class in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Expenses | |||||||||||||||
Account | Ending | paid during | Annualized expense | ||||||||||||
value on | value on | period ended | |||||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | ||||||||||||
500 Index Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,024.50 | $ | 1.51 | 0.30 | % | ||||||
Hypothetical example | 1,000.00 | 1,023.30 | 1.51 | 0.30 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,023.60 | 2.51 | 0.50 | % | |||||||||
Hypothetical example | 1,000.00 | 1,022.30 | 2.51 | 0.50 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,025.20 | 1.26 | 0.25 | % | |||||||||
Hypothetical example | 1,000.00 | 1,023.60 | 1.25 | 0.25 | % | ||||||||||
American Asset Allocation Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,008.40 | $ | 3.09 | 0.62 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,007.70 | 3.53 | 0.71 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,021.30 | 3.56 | 0.71 | % | 2 | |||||||||
Series III | Actual expenses/actual returns | 1,000.00 | 1,009.80 | 1.35 | 0.27 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.50 | 1.35 | 0.27 | % | 2 | |||||||||
American Global Growth Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,028.60 | $ | 3.17 | 0.63 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.16 | 0.63 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,028.00 | 3.52 | 0.70 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,021.30 | 3.51 | 0.70 | % | 2 | |||||||||
Series III | Actual expenses/actual returns | 1,000.00 | 1,030.50 | 1.41 | 0.28 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.40 | 0.28 | % | 2 | |||||||||
American Growth Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,096.20 | $ | 3.22 | 0.62 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,095.70 | 3.53 | 0.68 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,021.40 | 3.41 | 0.68 | % | 2 | |||||||||
Series III | Actual expenses/actual returns | 1,000.00 | 1,098.20 | 1.40 | 0.27 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.50 | 1.35 | 0.27 | % | 2 |
6 |
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | |||||||||||||||
Account | Ending | paid during | Annualized | ||||||||||||
value on | value on | period ended | expense | ||||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | ||||||||||||
American Growth-Income Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,062.20 | $ | 3.17 | 0.62 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,062.40 | 3.58 | 0.70 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,021.30 | 3.51 | 0.70 | % | 2 | |||||||||
Series III | Actual expenses/actual returns | 1,000.00 | 1,064.60 | 1.38 | 0.27 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.50 | 1.35 | 0.27 | % | 2 | |||||||||
American International Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 996.80 | $ | 3.07 | 0.62 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 995.90 | 3.71 | 0.75 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75 | % | 2 | |||||||||
Series III | Actual expenses/actual returns | 1,000.00 | 998.60 | 1.34 | 0.27 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.50 | 1.35 | 0.27 | % | 2 | |||||||||
Blue Chip Growth Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,117.10 | $ | 4.20 | 0.80 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.80 | 4.01 | 0.80 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,116.40 | 5.25 | 1.00 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,117.70 | 3.94 | 0.75 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75 | % | ||||||||||
Capital Appreciation Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,109.90 | $ | 4.13 | 0.79 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.90 | 3.96 | 0.79 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,109.50 | 5.18 | 0.99 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.90 | 4.96 | 0.99 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,111.10 | 3.87 | 0.74 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.10 | 3.71 | 0.74 | % | ||||||||||
Capital Appreciation Value Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,025.00 | $ | 4.37 | 0.87 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.36 | 0.87 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,023.50 | 5.37 | 1.07 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.50 | 5.36 | 1.07 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,025.90 | 4.12 | 0.82 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82 | % | ||||||||||
Emerging Markets Value Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 925.70 | $ | 5.20 | 1.09 | % | ||||||
Hypothetical example | 1,000.00 | 1,019.40 | 5.46 | 1.09 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 924.70 | 6.16 | 1.29 | % | |||||||||
Hypothetical example | 1,000.00 | 1,018.40 | 6.46 | 1.29 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 926.50 | 4.97 | 1.04 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.60 | 5.21 | 1.04 | % | ||||||||||
Equity Income Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 995.40 | $ | 3.86 | 0.78 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.90 | 3.91 | 0.78 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 994.80 | 4.85 | 0.98 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.90 | 4.91 | 0.98 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 996.00 | 3.61 | 0.73 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.20 | 3.66 | 0.73 | % | ||||||||||
Financial Industries Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 998.00 | $ | 4.31 | 0.87 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.36 | 0.87 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 997.30 | 5.30 | 1.07 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.50 | 5.36 | 1.07 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 998.00 | 4.06 | 0.82 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82 | % |
7 |
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | |||||||||||||||
Account | Ending | paid during | Annualized | ||||||||||||
value on | value on | period ended | expense | ||||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | ||||||||||||
Fundamental All Cap Core Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,036.40 | $ | 3.79 | 0.75 | % | ||||||
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,035.30 | 4.79 | 0.95 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.10 | 4.76 | 0.95 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,036.60 | 3.53 | 0.70 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.30 | 3.51 | 0.70 | % | ||||||||||
Fundamental Large Cap Value Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 966.80 | $ | 3.56 | 0.73 | % | ||||||
Hypothetical example | 1,000.00 | 1,021.20 | 3.66 | 0.73 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 965.60 | 4.53 | 0.93 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.66 | 0.93 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 966.80 | 3.32 | 0.68 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.40 | 3.41 | 0.68 | % | ||||||||||
Global Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 979.00 | $ | 4.56 | 0.93 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.66 | 0.93 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 978.00 | 5.54 | 1.13 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.20 | 5.66 | 1.13 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 979.40 | 4.32 | 0.88 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.40 | 4.41 | 0.88 | % | ||||||||||
Health Sciences Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,076.70 | $ | 5.61 | 1.09 | % | ||||||
Hypothetical example | 1,000.00 | 1,019.40 | 5.46 | 1.09 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,075.70 | 6.64 | 1.29 | % | |||||||||
Hypothetical example | 1,000.00 | 1,018.40 | 6.46 | 1.29 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,076.90 | 5.36 | 1.04 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.60 | 5.21 | 1.04 | % | ||||||||||
International Equity Index Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 963.10 | $ | 1.90 | 0.39 | % | ||||||
Hypothetical example | 1,000.00 | 1,022.90 | 1.96 | 0.39 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 962.10 | 2.87 | 0.59 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.90 | 2.96 | 0.59 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 963.10 | 1.65 | 0.34 | % | |||||||||
Hypothetical example | 1,000.00 | 1,023.10 | 1.71 | 0.34 | % | ||||||||||
International Growth Stock Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 940.70 | $ | 4.38 | 0.91 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.30 | 4.56 | 0.91 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 939.70 | 5.34 | 1.11 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.30 | 5.56 | 1.11 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 940.70 | 4.14 | 0.86 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.31 | 0.86 | % | ||||||||||
International Small Company Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 973.00 | $ | 5.58 | 1.14 | % | ||||||
Hypothetical example | 1,000.00 | 1,019.10 | 5.71 | 1.14 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 972.30 | 6.55 | 1.34 | % | |||||||||
Hypothetical example | 1,000.00 | 1,018.10 | 6.71 | 1.34 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 973.60 | 5.33 | 1.09 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.40 | 5.46 | 1.09 | % | ||||||||||
International Value Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 965.80 | $ | 4.39 | 0.90 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.30 | 4.51 | 0.90 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 965.70 | 5.36 | 1.10 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.30 | 5.51 | 1.10 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 966.20 | 4.14 | 0.85 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.60 | 4.26 | 0.85 | % |
8 |
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | |||||||||||||||
Account | Ending | paid during | Annualized | ||||||||||||
value on | value on | period ended | expense | ||||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | ||||||||||||
Lifestyle Aggressive Portfolio | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,007.90 | $ | 0.95 | 0.19 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,023.90 | 0.95 | 0.19 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,006.60 | 1.94 | 0.39 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,022.90 | 1.96 | 0.39 | % | 2 | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,007.90 | 0.70 | 0.14 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,024.10 | 0.70 | 0.14 | % | 2 | |||||||||
Lifestyle Balanced Portfolio | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 997.30 | $ | 0.59 | 0.12 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,024.20 | 0.60 | 0.12 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 996.70 | 1.58 | 0.32 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.20 | 1.61 | 0.32 | % | 2 | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 997.30 | 0.35 | 0.07 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,024.40 | 0.35 | 0.07 | % | 2 | |||||||||
Lifestyle Conservative Portfolio | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 990.30 | $ | 0.59 | 0.12 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,024.20 | 0.60 | 0.12 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 988.80 | 1.58 | 0.32 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.20 | 1.61 | 0.32 | % | 2 | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 990.30 | 0.35 | 0.07 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,024.40 | 0.35 | 0.07 | % | 2 | |||||||||
Lifestyle Growth Portfolio | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,001.80 | $ | 0.55 | 0.11 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,024.20 | 0.55 | 0.11 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,000.60 | 1.54 | 0.31 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.30 | 1.56 | 0.31 | % | 2 | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,002.40 | 0.30 | 0.06 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,024.50 | 0.30 | 0.06 | % | 2 | |||||||||
Lifestyle Moderate Portfolio | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 995.20 | $ | 0.64 | 0.13 | % | 2 | |||||
Hypothetical example | 1,000.00 | 1,024.10 | 0.65 | 0.13 | % | 2 | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 993.80 | 1.63 | 0.33 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,023.20 | 1.66 | 0.33 | % | 2 | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 995.20 | 0.40 | 0.08 | % | 2 | ||||||||
Hypothetical example | 1,000.00 | 1,024.40 | 0.40 | 0.08 | % | 2 | |||||||||
Mid Cap Index Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,032.60 | $ | 2.27 | 0.45 | % | ||||||
Hypothetical example | 1,000.00 | 1,022.60 | 2.26 | 0.45 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,031.90 | 3.27 | 0.65 | % | |||||||||
Hypothetical example | 1,000.00 | 1,021.60 | 3.26 | 0.65 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,032.60 | 2.02 | 0.40 | % | |||||||||
Hypothetical example | 1,000.00 | 1,022.80 | 2.01 | 0.40 | % | ||||||||||
Mid Cap Stock Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,126.30 | $ | 4.85 | 0.92 | % | ||||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.61 | 0.92 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,125.70 | 5.90 | 1.12 | % | |||||||||
Hypothetical example | 1,000.00 | 1,019.20 | 5.61 | 1.12 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,126.50 | 4.59 | 0.87 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.36 | 0.87 | % | ||||||||||
Mid Value Trust | |||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,031.90 | $ | 4.99 | 0.99 | % | ||||||
Hypothetical example | 1,000.00 | 1,019.90 | 4.96 | 0.99 | % | ||||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,031.00 | 5.99 | 1.19 | % | |||||||||
Hypothetical example | 1,000.00 | 1,018.90 | 5.96 | 1.19 | % | ||||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,033.00 | 4.74 | 0.94 | % | |||||||||
Hypothetical example | 1,000.00 | 1,020.10 | 4.71 | 0.94 | % |
9 |
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | ||||||||||||||
Account | Ending | paid during | Annualized | |||||||||||
value on | value on | period ended | expense | |||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | |||||||||||
Mutual Shares Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 997.00 | $ | 5.40 | 1.09 | % | |||||
Hypothetical example | 1,000.00 | 1,019.40 | 5.46 | 1.09 | % | |||||||||
Real Estate Securities Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,011.20 | $ | 3.99 | 0.80 | % | |||||
Hypothetical example | 1,000.00 | 1,020.80 | 4.01 | 0.80 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,010.10 | 4.98 | 1.00 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,011.20 | 3.74 | 0.75 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75 | % | |||||||||
Science & Technology Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,145.10 | $ | 5.69 | 1.07 | % | |||||
Hypothetical example | 1,000.00 | 1,019.50 | 5.36 | 1.07 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,144.10 | 6.75 | 1.27 | % | ||||||||
Hypothetical example | 1,000.00 | 1,018.50 | 6.36 | 1.27 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,145.40 | 5.43 | 1.02 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.70 | 5.11 | 1.02 | % | |||||||||
Small Cap Index Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,074.00 | $ | 2.67 | 0.52 | % | |||||
Hypothetical example | 1,000.00 | 1,022.20 | 2.61 | 0.52 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,073.10 | 3.70 | 0.72 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.20 | 3.61 | 0.72 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,074.50 | 2.42 | 0.47 | % | ||||||||
Hypothetical example | 1,000.00 | 1,022.50 | 2.36 | 0.47 | % | |||||||||
Small Cap Opportunities Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,051.90 | $ | 4.88 | 0.96 | % | |||||
Hypothetical example | 1,000.00 | 1,020.00 | 4.81 | 0.96 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,050.50 | 5.90 | 1.16 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.00 | 5.81 | 1.16 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,051.80 | 4.63 | 0.91 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.30 | 4.56 | 0.91 | % | |||||||||
Small Cap Stock Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,113.50 | $ | 5.76 | 1.10 | % | |||||
Hypothetical example | 1,000.00 | 1,019.30 | 5.51 | 1.10 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,111.80 | 6.81 | 1.30 | % | ||||||||
Hypothetical example | 1,000.00 | 1,018.30 | 6.51 | 1.30 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,113.20 | 5.50 | 1.05 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.60 | 5.26 | 1.05 | % | |||||||||
Small Cap Value Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,037.00 | $ | 5.66 | 1.12 | % | |||||
Hypothetical example | 1,000.00 | 1,019.20 | 5.61 | 1.12 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,036.30 | 6.66 | 1.32 | % | ||||||||
Hypothetical example | 1,000.00 | 1,018.20 | 6.61 | 1.32 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,037.70 | 5.41 | 1.07 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.50 | 5.36 | 1.07 | % | |||||||||
Small Company Value Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,033.60 | $ | 5.50 | 1.09 | % | |||||
Hypothetical example | 1,000.00 | 1,019.40 | 5.46 | 1.09 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,032.80 | 6.50 | 1.29 | % | ||||||||
Hypothetical example | 1,000.00 | 1,018.40 | 6.46 | 1.29 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,033.60 | 5.24 | 1.04 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.60 | 5.21 | 1.04 | % | |||||||||
Strategic Equity Allocation Trust | ||||||||||||||
Series NAV | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,009.60 | $ | 2.64 | 0.53 | % | |||||
Hypothetical example | 1,000.00 | 1,022.20 | 2.66 | 0.53 | % |
10
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | ||||||||||||||
Account | Ending | paid during | Annualized | |||||||||||
value on | value on | period ended | expense | |||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | |||||||||||
Total Stock Market Index Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,031.30 | $ | 2.47 | 0.49 | % | |||||
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,030.00 | 3.47 | 0.69 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.40 | 3.46 | 0.69 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,031.70 | 2.22 | 0.44 | % | ||||||||
Hypothetical example | 1,000.00 | 1,022.60 | 2.21 | 0.44 | % | |||||||||
Utilities Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,023.40 | $ | 4.67 | 0.93 | % | |||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.66 | 0.93 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,022.90 | 5.67 | 1.13 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.20 | 5.66 | 1.13 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,023.40 | 4.41 | 0.88 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.40 | 4.41 | 0.88 | % |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
2 | Ratios do not include expenses indirectly incurred by the underlying funds and can vary based on the mix of underlying funds held by the portfolios. The range of expense ratios of the underlying funds held by the portfolios for the period ended 6-30-2018 was as follows: |
Portfolio | Range | Portfolio | Range | |||
American Funds | 0.28% – 0.55% | Lifestyle Conservative Portfolio | 0.53% – 0.57% | |||
Lifestyle Aggressive Portfolio | 0.05% – 0.53% | Lifestyle Growth Portfolio | 0.53% – 0.57% | |||
Lifestyle Balanced Portfolio | 0.53% – 0.57% | Lifestyle Moderate Portfolio | 0.53% – 0.57% |
11
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
This section shows the fund’s 50 largest portfolio holdings in unaffiliated issuers and any holdings exceeding 1% of the fund’s total net assets as of the report date. The remaining securities held by the fund are grouped as “Other Securities” in each category. You can request a complete schedule of portfolio holdings as of the report date, free of charge, by calling at 1-800-344-1029. This complete schedule, filed on the fund’s Form N-CSR, is also available on the SEC’s website at http://www.sec.gov.
500 Index Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 97.0% | ||||||||||
Consumer discretionary - 12.5% | ||||||||||
Amazon.com, Inc. (A) | 88,064 | $ | 149,691,187 | 2.9 | % | |||||
Comcast Corp., Class A | 1,004,241 | 32,949,147 | 0.6 | % | ||||||
McDonald’s Corp. | 171,682 | 26,900,853 | 0.5 | % | ||||||
Netflix, Inc. (A) | 95,051 | 37,205,813 | 0.7 | % | ||||||
The Home Depot, Inc. | 252,235 | 49,211,049 | 1.0 | % | ||||||
The Walt Disney Company | 325,149 | 34,078,867 | 0.7 | % | ||||||
OTHER SECURITIES | 320,677,114 | 6.1 | % | |||||||
650,714,030 | ||||||||||
Consumer staples - 6.7% | ||||||||||
Altria Group, Inc. | 413,969 | 23,509,300 | 0.5 | % | ||||||
PepsiCo, Inc. | 309,889 | 33,737,615 | 0.6 | % | ||||||
Philip Morris International, Inc. | 339,892 | 27,442,880 | 0.5 | % | ||||||
The Coca-Cola Company | 837,667 | 36,740,075 | 0.7 | % | ||||||
The Procter & Gamble Company | 549,904 | 42,925,506 | 0.8 | % | ||||||
Walmart, Inc. | 316,193 | 27,081,930 | 0.5 | % | ||||||
OTHER SECURITIES | 154,414,119 | 3.1 | % | |||||||
345,851,425 | ||||||||||
Energy - 6.1% | ||||||||||
Chevron Corp. | 417,821 | 52,825,109 | 1.0 | % | ||||||
Exxon Mobil Corp. | 925,725 | 76,585,225 | 1.5 | % | ||||||
OTHER SECURITIES | 189,727,217 | 3.6 | % | |||||||
319,137,551 | ||||||||||
Financials - 13.4% | ||||||||||
Bank of America Corp. | 2,062,075 | 58,129,894 | 1.1 | % | ||||||
Berkshire Hathaway, Inc., | ||||||||||
Class B (A) | 420,875 | 78,556,319 | 1.5 | % | ||||||
Citigroup, Inc. | 557,676 | 37,319,678 | 0.7 | % | ||||||
JPMorgan Chase & Co. | 744,557 | 77,582,839 | 1.5 | % | ||||||
Wells Fargo & Company | 959,116 | 53,173,391 | 1.0 | % | ||||||
OTHER SECURITIES | 392,266,190 | 7.6 | % | |||||||
697,028,311 | ||||||||||
Health care - 13.7% | ||||||||||
Abbott Laboratories | 383,250 | 23,374,418 | 0.4 | % | ||||||
AbbVie, Inc. | 331,317 | 30,696,520 | 0.6 | % | ||||||
Amgen, Inc. | 145,617 | 26,879,442 | 0.5 | % | ||||||
Johnson & Johnson | 586,454 | 71,160,328 | 1.4 | % | ||||||
Medtronic PLC | 296,029 | 25,343,043 | 0.5 | % | ||||||
Merck & Company, Inc. | 588,291 | 35,709,264 | 0.7 | % | ||||||
Pfizer, Inc. | 1,279,106 | 46,405,966 | 0.9 | % | ||||||
UnitedHealth Group, Inc. | 210,117 | 51,550,105 | 1.0 | % | ||||||
OTHER SECURITIES | 397,437,150 | 7.7 | % | |||||||
708,556,236 | ||||||||||
Industrials - 9.3% | ||||||||||
3M Company | 129,754 | 25,525,207 | 0.5 | % | ||||||
General Electric Company | 1,899,094 | 25,846,669 | 0.5 | % | ||||||
Honeywell International, Inc. | 163,303 | 23,523,797 | 0.5 | % | ||||||
The Boeing Company | 119,749 | 40,176,987 | 0.8 | % | ||||||
Union Pacific Corp. | 169,616 | 24,031,195 | 0.5 | % | ||||||
OTHER SECURITIES | 342,561,765 | 6.5 | % | |||||||
481,665,620 | ||||||||||
Information technology - 25.2% | ||||||||||
Adobe Systems, Inc. (A) | 107,677 | 26,252,729 | 0.5 | % | ||||||
Alphabet, Inc., Class A (A) | 65,307 | 73,744,011 | 1.4 | % | ||||||
Alphabet, Inc., Class C (A) | 66,385 | 74,062,425 | 1.4 | % | ||||||
Apple, Inc. | 1,074,772 | 198,951,046 | 3.8 | % |
500 Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Information | |||||||||||
technology (continued) | |||||||||||
Cisco Systems, Inc. | 1,028,359 | $ | 44,250,288 | 0.9 | % | ||||||
Facebook, Inc., Class A (A) | 524,491 | 101,919,091 | 2.0 | % | |||||||
IBM Corp. | 186,627 | 26,071,792 | 0.5 | % | |||||||
Intel Corp. | 1,018,456 | 50,627,448 | 1.0 | % | |||||||
Mastercard, Inc., Class A | 200,472 | 39,396,757 | 0.8 | % | |||||||
Microsoft Corp. | 1,680,012 | 165,665,983 | 3.2 | % | |||||||
NVIDIA Corp. | 132,720 | 31,441,368 | 0.6 | % | |||||||
Oracle Corp. | 651,676 | 28,712,845 | 0.6 | % | |||||||
Texas Instruments, Inc. | 214,099 | 23,604,415 | 0.5 | % | |||||||
Visa, Inc., Class A | 390,543 | 51,727,420 | 1.0 | % | |||||||
OTHER SECURITIES | 371,174,646 | 7.0 | % | ||||||||
1,307,602,264 | |||||||||||
Materials - 2.5% | |||||||||||
DowDuPont, Inc. | 507,365 | 33,445,501 | 0.6 | % | |||||||
OTHER SECURITIES | 97,698,342 | 1.9 | % | ||||||||
131,143,843 | |||||||||||
Real estate - 2.8% | 143,783,409 | 2.8 | % | ||||||||
Telecommunication | |||||||||||
services - 1.9% | |||||||||||
AT&T, Inc. | 1,586,975 | 50,957,767 | 1.0 | % | |||||||
Verizon Communications, Inc. | 903,537 | 45,456,946 | 0.8 | % | |||||||
OTHER SECURITIES | 3,973,489 | 0.1 | % | ||||||||
100,388,202 | |||||||||||
Utilities - 2.9% | 148,467,800 | 2.9 | % | ||||||||
TOTAL COMMON STOCKS | |||||||||||
(Cost $2,524,553,783) | $ | 5,034,338,691 | |||||||||
SECURITIES LENDING COLLATERAL - 0.3% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (B)(C) | 1,872,436 | 18,731,096 | 0.3 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $18,731,923) | $ | 18,731,096 | |||||||||
SHORT-TERM INVESTMENTS - 3.0% | |||||||||||
U.S. Government Agency - 2.8% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.880%, | |||||||||||
07/05/2018 * | $ | 5,000,000 | 4,999,220 | 0.1 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/06/2018 * | 10,000,000 | 9,981,330 | 0.2 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/08/2018 * | 20,000,000 | 19,960,540 | 0.4 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/10/2018 * | 95,000,000 | 94,802,400 | 1.8 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/13/2018 * | 15,000,000 | 14,966,400 | 0.3 | % | |||||||
144,709,890 | |||||||||||
Repurchase agreement - 0.2% | 11,332,000 | 0.2 | % | ||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $156,038,070) | $ | 156,041,890 | |||||||||
Total Investments (500 Index Trust) | |||||||||||
(Cost $2,699,323,776) - 100.3% | $ | 5,209,111,677 | 100.3 | % | |||||||
Other assets and liabilities, net - (0.3)% | (17,404,873 | ) | (0.3 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 5,191,706,804 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. |
The accompanying notes are an integral part of the financial statements. | 12 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
500 Index Trust (continued)
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
500 Index Trust (continued)
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
S&P 500 Index E-Mini Futures | 1,247 | Long | Sep 2018 | $172,964,092 | $169,691,760 | $(3,272,332 | ) | ||||||
$(3,272,332 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
American Asset Allocation Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
INVESTMENT COMPANIES - 100.0% | ||||||||||
American Funds Insurance | ||||||||||
Series - 100.0% | ||||||||||
American Asset Allocation | ||||||||||
Fund - Class 1 | 64,670,400 | $ | 1,479,658,742 | 100.0 | % | |||||
TOTAL INVESTMENT COMPANIES | ||||||||||
(Cost $1,077,220,206) | $ | 1,479,658,742 | ||||||||
Total Investments (American Asset Allocation | ||||||||||
Trust) (Cost $1,077,220,206) - 100.0% | $ | 1,479,658,742 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (68,347 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,479,590,395 | 100.0 | % |
American Global Growth Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
INVESTMENT COMPANIES - 100.0% | ||||||||||
American Funds Insurance | ||||||||||
Series - 100.0% | ||||||||||
American Global Growth | ||||||||||
Fund - Class 1 | 7,644,707 | $ | 224,601,489 | 100.0 | % | |||||
TOTAL INVESTMENT COMPANIES | ||||||||||
(Cost $202,710,942) | $ | 224,601,489 | ||||||||
Total Investments (American Global Growth | ||||||||||
Trust) (Cost $202,710,942) - 100.0% | $ | 224,601,489 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (24,767 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 224,576,722 | 100.0 | % |
American Growth Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
INVESTMENT COMPANIES - 100.0% | ||||||||||
American Funds Insurance | ||||||||||
Series - 100.0% | ||||||||||
American Growth Fund - Class 1 | 11,705,527 | $ | 905,656,612 | 100.0 | % | |||||
TOTAL INVESTMENT COMPANIES | ||||||||||
(Cost $767,841,609) | $ | 905,656,612 | ||||||||
Total Investments (American Growth Trust) | ||||||||||
(Cost $767,841,609) - 100.0% | $ | 905,656,612 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (43,819 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 905,612,793 | 100.0 | % |
American Growth-Income Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
INVESTMENT COMPANIES - 100.0% | ||||||||||
American Funds Insurance | ||||||||||
Series - 100.0% | ||||||||||
American Growth-Income | ||||||||||
Fund - Class 1 | 21,258,526 | $ | 1,059,950,100 | 100.0 | % | |||||
TOTAL INVESTMENT COMPANIES | ||||||||||
(Cost $919,989,550) | $ | 1,059,950,100 | ||||||||
Total Investments (American Growth-Income | ||||||||||
Trust) (Cost $919,989,550) - 100.0% | $ | 1,059,950,100 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (55,387 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,059,894,713 | 100.0 | % |
American International Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
INVESTMENT COMPANIES - 100.0% | ||||||||||
American Funds Insurance | ||||||||||
Series - 100.0% | ||||||||||
American International | ||||||||||
Fund - Class 1 | 25,615,383 | $ | 529,469,970 | 100.0 | % | |||||
TOTAL INVESTMENT COMPANIES | ||||||||||
(Cost $460,242,844) | $ | 529,469,970 | ||||||||
Total Investments (American International Trust) | ||||||||||
(Cost $460,242,844) - 100.0% | $ | 529,469,970 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (32,739 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 529,437,231 | 100.0 | % |
Blue Chip Growth Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 99.8% | ||||||||||
Consumer discretionary - 22.6% | ||||||||||
Amazon.com, Inc. (A) | 114,403 | $ | 194,462,211 | 10.6 | % | |||||
Booking Holdings, Inc. (A) | 35,829 | 72,628,608 | 4.0 | % | ||||||
Dollar General Corp. | 126,146 | 12,437,996 | 0.7 | % | ||||||
Marriott International, Inc., | ||||||||||
Class A | 131,603 | 16,660,940 | 0.9 | % | ||||||
Netflix, Inc. (A) | 74,552 | 29,181,889 | 1.6 | % | ||||||
Ross Stores, Inc. | 167,098 | 14,161,556 | 0.8 | % | ||||||
Tesla, Inc. (A)(B) | 44,082 | 15,117,922 | 0.8 | % | ||||||
The Home Depot, Inc. | 53,896 | 10,515,110 | 0.6 | % |
The accompanying notes are an integral part of the financial statements. | 13 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Blue Chip Growth Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer discretionary (continued) | ||||||||||
OTHER SECURITIES | $ | 48,932,871 | 2.6 | % | ||||||
414,099,103 | ||||||||||
Consumer staples - 0.1% | 1,970,247 | 0.1 | % | |||||||
Financials - 8.8% | ||||||||||
Intercontinental Exchange, Inc. | 223,223 | 16,418,052 | 0.9 | % | ||||||
JPMorgan Chase & Co. | 138,169 | 14,397,210 | 0.8 | % | ||||||
Morgan Stanley | 641,325 | 30,398,805 | 1.7 | % | ||||||
State Street Corp. | 145,725 | 13,565,540 | 0.7 | % | ||||||
TD Ameritrade Holding Corp. | 516,741 | 28,301,905 | 1.5 | % | ||||||
The Charles Schwab Corp. | 254,117 | 12,985,379 | 0.7 | % | ||||||
Willis Towers Watson PLC | 93,618 | 14,192,489 | 0.8 | % | ||||||
OTHER SECURITIES | 30,096,985 | 1.7 | % | |||||||
160,356,365 | ||||||||||
Health care - 16.0% | ||||||||||
Alexion Pharmaceuticals, Inc. (A) | 156,657 | 19,448,967 | 1.1 | % | ||||||
Anthem, Inc. | 88,834 | 21,145,157 | 1.2 | % | ||||||
Becton, Dickinson and Company | 144,355 | 34,581,684 | 1.9 | % | ||||||
Cigna Corp. | 102,500 | 17,419,875 | 0.9 | % | ||||||
Danaher Corp. | 182,760 | 18,034,757 | 1.0 | % | ||||||
Humana, Inc. | 35,837 | 10,666,166 | 0.6 | % | ||||||
Intuitive Surgical, Inc. (A) | 56,282 | 26,929,811 | 1.5 | % | ||||||
Stryker Corp. | 179,288 | 30,274,572 | 1.6 | % | ||||||
Thermo Fisher Scientific, Inc. | 88,065 | 18,241,784 | 1.0 | % | ||||||
UnitedHealth Group, Inc. | 213,812 | 52,456,636 | 2.9 | % | ||||||
Vertex Pharmaceuticals, Inc. (A) | 174,633 | 29,680,625 | 1.6 | % | ||||||
OTHER SECURITIES | 13,258,514 | 0.7 | % | |||||||
292,138,548 | ||||||||||
Industrials - 8.5% | ||||||||||
American Airlines Group, Inc. | 370,703 | 14,071,886 | 0.8 | % | ||||||
Honeywell International, Inc. | 91,395 | 13,165,450 | 0.7 | % | ||||||
Northrop Grumman Corp. | 33,200 | 10,215,640 | 0.6 | % | ||||||
Roper Technologies, Inc. | 40,175 | 11,084,684 | 0.6 | % | ||||||
The Boeing Company | 180,502 | 60,560,226 | 3.3 | % | ||||||
OTHER SECURITIES | 47,309,981 | 2.5 | % | |||||||
156,407,867 | ||||||||||
Information technology - 42.6% | ||||||||||
Alibaba Group Holding, Ltd., | ||||||||||
ADR (A) | 356,893 | 66,214,358 | 3.6 | % | ||||||
Alphabet, Inc., Class A (A) | 27,966 | 31,578,928 | 1.7 | % | ||||||
Alphabet, Inc., Class C (A) | 67,698 | 75,527,274 | 4.1 | % | ||||||
Broadcom, Inc. | 47,126 | 11,434,653 | 0.6 | % | ||||||
Electronic Arts, Inc. (A) | 103,000 | 14,525,060 | 0.8 | % | ||||||
Facebook, Inc., Class A (A) | 515,955 | 100,260,376 | 5.5 | % | ||||||
Fiserv, Inc. (A) | 212,308 | 15,729,900 | 0.9 | % | ||||||
Global Payments, Inc. | 142,233 | 15,857,557 | 0.9 | % | ||||||
Intuit, Inc. | 129,205 | 26,397,228 | 1.4 | % | ||||||
Mastercard, Inc., Class A | 267,171 | 52,504,445 | 2.9 | % | ||||||
Microsoft Corp. | 887,418 | 87,508,289 | 4.8 | % | ||||||
PayPal Holdings, Inc. (A) | 299,590 | 24,946,859 | 1.4 | % | ||||||
Red Hat, Inc. (A) | 93,195 | 12,522,612 | 0.7 | % | ||||||
salesforce.com, Inc. (A) | 279,321 | 38,099,384 | 2.1 | % | ||||||
ServiceNow, Inc. (A) | 165,049 | 28,466,001 | 1.6 | % | ||||||
Tencent Holdings, Ltd. | 745,300 | 37,425,517 | 2.0 | % | ||||||
Texas Instruments, Inc. | 121,107 | 13,352,047 | 0.7 | % | ||||||
Visa, Inc., Class A | 454,189 | 60,157,333 | 3.3 | % | ||||||
Workday, Inc., Class A (A) | 85,062 | 10,302,709 | 0.6 | % | ||||||
OTHER SECURITIES | 56,988,612 | 3.0 | % | |||||||
779,799,142 |
Blue Chip Growth Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Materials - 0.6% | $ | 10,473,332 | 0.6 | % | ||||||
Real estate - 0.3% | 4,637,214 | 0.3 | % | |||||||
Utilities - 0.3% | 5,141,440 | 0.3 | % | |||||||
TOTAL COMMON STOCKS (Cost $964,194,759) | $ | 1,825,023,258 | ||||||||
SECURITIES LENDING COLLATERAL - 1.4% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (C)(D) | 2,493,728 | 24,946,260 | 1.4 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $24,947,016) | $ | 24,946,260 | ||||||||
SHORT-TERM INVESTMENTS - 0.6% | ||||||||||
Money market funds - 0.6% | ||||||||||
T. Rowe Price Government | ||||||||||
Reserve Fund, 2.1583% (C) | 11,340,799 | 11,340,799 | 0.6 | % | ||||||
OTHER SECURITIES | 371,349 | 0.0 | % | |||||||
11,712,148 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $11,712,148) | $ | 11,712,148 | ||||||||
Total Investments (Blue Chip Growth Trust) | ||||||||||
(Cost $1,000,853,923) - 101.8% | $ | 1,861,681,666 | 101.8 | % | ||||||
Other assets and liabilities, net - (1.8)% | (32,399,821 | ) | (1.8 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,829,281,845 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | A portion of this security is on loan as of 6-30-18. |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
This security represents the investment of cash collateral received for securities lending. |
Capital Appreciation Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 97.3% | ||||||||||
Consumer discretionary - 21.9% | ||||||||||
Amazon.com, Inc. (A) | 36,671 | $ | 62,333,366 | 5.8 | % | |||||
Booking Holdings, Inc. (A) | 8,787 | 17,812,040 | 1.7 | % | ||||||
Kering SA | 33,977 | 19,139,227 | 1.8 | % | ||||||
Marriott International, Inc., | ||||||||||
Class A | 157,378 | 19,924,055 | 1.9 | % | ||||||
McDonald’s Corp. | 98,810 | 15,482,539 | 1.5 | % | ||||||
Netflix, Inc. (A) | 107,085 | 41,916,282 | 3.9 | % | ||||||
NIKE, Inc., Class B | 185,628 | 14,790,839 | 1.4 | % | ||||||
Tesla, Inc. (A)(B) | 59,516 | 20,411,012 | 1.9 | % | ||||||
The Home Depot, Inc. | 93,434 | 18,228,973 | 1.7 | % | ||||||
OTHER SECURITIES | 3,104,139 | 0.3 | % | |||||||
233,142,472 | ||||||||||
Consumer staples - 4.8% | ||||||||||
Constellation Brands, Inc., Class A | 33,911 | 7,422,101 | 0.7 | % | ||||||
Costco Wholesale Corp. | 91,260 | 19,071,515 | 1.8 | % | ||||||
Monster Beverage Corp. (A) | 155,345 | 8,901,269 | 0.8 | % | ||||||
The Estee Lauder | ||||||||||
Companies, Inc., Class A | 113,743 | 16,229,989 | 1.5 | % | ||||||
51,624,874 | ||||||||||
Energy - 1.1% | ||||||||||
Concho Resources, Inc. (A) | 86,596 | 11,980,557 | 1.1 | % | ||||||
Financials - 4.1% | ||||||||||
JPMorgan Chase & Co. | 196,519 | 20,477,280 | 1.9 | % |
The accompanying notes are an integral part of the financial statements. | 14 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Financials (continued) | ||||||||||
The Goldman Sachs Group, Inc. | 52,943 | $ | 11,677,638 | 1.1 | % | |||||
The PNC Financial Services | ||||||||||
Group, Inc. | 81,853 | 11,058,340 | 1.1 | % | ||||||
43,213,258 | ||||||||||
Health care - 7.8% | ||||||||||
Alexion Pharmaceuticals, Inc. (A) | 59,123 | 7,340,120 | 0.7 | % | ||||||
AstraZeneca PLC, ADR | 229,188 | 8,046,791 | 0.7 | % | ||||||
BioMarin Pharmaceutical, Inc. (A) | 111,678 | 10,520,068 | 1.0 | % | ||||||
Bristol-Myers Squibb Company | 203,626 | 11,268,663 | 1.1 | % | ||||||
Illumina, Inc. (A) | 49,677 | 13,874,289 | 1.3 | % | ||||||
UnitedHealth Group, Inc. | 75,595 | 18,546,477 | 1.7 | % | ||||||
Vertex Pharmaceuticals, Inc. (A) | 51,330 | 8,724,047 | 0.8 | % | ||||||
OTHER SECURITIES | 5,298,188 | 0.5 | % | |||||||
83,618,643 | ||||||||||
Industrials - 6.2% | ||||||||||
Caterpillar, Inc. | 101,962 | 13,833,185 | 1.3 | % | ||||||
FedEx Corp. | 46,373 | 10,529,453 | 1.0 | % | ||||||
Parker-Hannifin Corp. | 68,413 | 10,662,166 | 1.0 | % | ||||||
The Boeing Company | 92,549 | 31,051,115 | 2.9 | % | ||||||
66,075,919 | ||||||||||
Information technology - 50.5% | ||||||||||
Activision Blizzard, Inc. | 196,552 | 15,000,849 | 1.4 | % | ||||||
Adobe Systems, Inc. (A) | 125,497 | 30,597,424 | 2.9 | % | ||||||
Alibaba Group Holding, Ltd., | ||||||||||
ADR (A) | 217,763 | 40,401,569 | 3.8 | % | ||||||
Alphabet, Inc., Class A (A) | 22,217 | 25,087,214 | 2.4 | % | ||||||
Alphabet, Inc., Class C (A) | 23,663 | 26,399,626 | 2.5 | % | ||||||
Apple, Inc. | 225,596 | 41,760,076 | 3.9 | % | ||||||
Broadcom, Inc. | 86,336 | 20,948,567 | 2.0 | % | ||||||
Facebook, Inc., Class A (A) | 214,229 | 41,628,979 | 3.9 | % | ||||||
FleetCor Technologies, Inc. (A) | 74,624 | 15,719,546 | 1.5 | % | ||||||
Mastercard, Inc., Class A | 192,338 | 37,798,264 | 3.6 | % | ||||||
Microsoft Corp. | 442,009 | 43,586,504 | 4.1 | % | ||||||
NVIDIA Corp. | 108,613 | 25,730,420 | 2.4 | % | ||||||
PayPal Holdings, Inc. (A) | 194,893 | 16,228,740 | 1.5 | % | ||||||
Red Hat, Inc. (A) | 110,290 | 14,819,667 | 1.4 | % | ||||||
salesforce.com, Inc. (A) | 229,283 | 31,274,201 | 2.9 | % | ||||||
Splunk, Inc. (A) | 91,026 | 9,021,587 | 0.8 | % | ||||||
Square, Inc., Class A (A) | 105,130 | 6,480,213 | 0.6 | % | ||||||
Tencent Holdings, Ltd. | 709,710 | 35,638,352 | 3.3 | % | ||||||
Texas Instruments, Inc. | 114,788 | 12,655,377 | 1.2 | % | ||||||
Visa, Inc., Class A | 273,457 | 36,219,380 | 3.4 | % | ||||||
Workday, Inc., Class A (A) | 89,474 | 10,837,091 | 1.0 | % | ||||||
537,833,646 | ||||||||||
Materials - 0.9% | ||||||||||
Albemarle Corp. | 99,658 | 9,400,739 | 0.9 | % | ||||||
TOTAL COMMON STOCKS (Cost $699,935,460) | $ | 1,036,890,108 | ||||||||
SECURITIES LENDING COLLATERAL - 2.0% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (C)(D) | 2,102,083 | 21,028,393 | 2.0 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $21,028,864) | $ | 21,028,393 |
Capital Appreciation Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
SHORT-TERM INVESTMENTS - 1.9% | ||||||||||
Money market funds - 1.9% | ||||||||||
State Street Institutional | ||||||||||
U.S. Government Money | ||||||||||
Market Fund, Premier Class, | ||||||||||
1.8098% (C) | 20,120,179 | $ | 20,120,179 | 1.9 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $20,120,179) | $ | 20,120,179 | ||||||||
Total Investments (Capital Appreciation Trust) | ||||||||||
(Cost $741,084,503) - 101.2% | $ | 1,078,038,680 | 101.2 | % | ||||||
Other assets and liabilities, net - (1.2)% | (12,856,435 | ) | (1.2 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,065,182,245 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | A portion of this security is on loan as of 6-30-18. |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
This security represents the investment of cash collateral received for securities lending. |
Capital Appreciation Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 70.0% | ||||||||||
Consumer discretionary - 7.6% | ||||||||||
Amazon.com, Inc. (A) | 5,359 | $ | 9,109,228 | 2.4 | % | |||||
Aramark | 181,141 | 6,720,331 | 1.7 | % | ||||||
Booking Holdings, Inc. (A) | 1,570 | 3,182,531 | 0.8 | % | ||||||
Magna International, Inc. | 56,796 | 3,301,551 | 0.9 | % | ||||||
Yum! Brands, Inc. | 46,423 | 3,631,207 | 0.9 | % | ||||||
OTHER SECURITIES | 3,452,730 | 0.9 | % | |||||||
29,397,578 | ||||||||||
Consumer staples - 6.0% | ||||||||||
Dr. Pepper Snapple Group, Inc. | 132,029 | 16,107,538 | 4.2 | % | ||||||
PepsiCo, Inc. | 23,536 | 2,562,364 | 0.7 | % | ||||||
Philip Morris International, Inc. | 22,547 | 1,820,445 | 0.5 | % | ||||||
OTHER SECURITIES | 2,590,558 | 0.6 | % | |||||||
23,080,905 | ||||||||||
Energy - 1.4% | ||||||||||
Enterprise Products Partners LP | 97,393 | 2,694,864 | 0.7 | % | ||||||
OTHER SECURITIES | 2,595,717 | 0.7 | % | |||||||
5,290,581 | ||||||||||
Financials - 7.3% | ||||||||||
Intercontinental Exchange, Inc. | 39,633 | 2,915,007 | 0.7 | % | ||||||
Marsh & McLennan | ||||||||||
Companies, Inc. | 148,693 | 12,188,365 | 3.2 | % | ||||||
State Street Corp. | 49,130 | 4,573,512 | 1.2 | % | ||||||
The PNC Financial Services | ||||||||||
Group, Inc. | 63,905 | 8,633,566 | 2.2 | % | ||||||
28,310,450 | ||||||||||
Health care - 14.0% | ||||||||||
Abbott Laboratories | 101,794 | 6,208,416 | 1.6 | % | ||||||
Aetna, Inc. | 19,162 | 3,516,227 | 0.9 | % | ||||||
Anthem, Inc. | 10,522 | 2,504,552 | 0.6 | % | ||||||
Becton, Dickinson and Company | 46,559 | 11,153,674 | 2.9 | % | ||||||
Danaher Corp. | 104,501 | 10,312,159 | 2.7 | % | ||||||
PerkinElmer, Inc. | 141,065 | 10,330,190 | 2.7 | % | ||||||
Thermo Fisher Scientific, Inc. (B) | 12,159 | 2,518,615 | 0.6 | % | ||||||
UnitedHealth Group, Inc. (B) | 19,873 | 4,875,642 | 1.3 | % | ||||||
OTHER SECURITIES | 2,692,581 | 0.7 | % | |||||||
54,112,056 |
The accompanying notes are an integral part of the financial statements. | 15 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Industrials - 6.0% | ||||||||||
Equifax, Inc. | 32,392 | $ | 4,052,563 | 1.0 | % | |||||
Fortive Corp. | 78,796 | 6,075,960 | 1.6 | % | ||||||
Republic Services, Inc. | 62,238 | 4,254,590 | 1.1 | % | ||||||
The Middleby Corp. (A)(C) | 24,549 | 2,563,407 | 0.7 | % | ||||||
Waste Connections, Inc. | 56,216 | 4,231,940 | 1.1 | % | ||||||
OTHER SECURITIES | 2,092,226 | 0.5 | % | |||||||
23,270,686 | ||||||||||
Information technology - 18.4% | ||||||||||
Alphabet, Inc., Class A (A) | 1,710 | 1,930,915 | 0.5 | % | ||||||
Alphabet, Inc., Class C (A) | 2,193 | 2,446,620 | 0.6 | % | ||||||
Apple, Inc. | 9,300 | 1,721,523 | 0.5 | % | ||||||
Facebook, Inc., Class A (A) | 31,800 | 6,179,376 | 1.6 | % | ||||||
Fidelity National Information | ||||||||||
Services, Inc. | 88,025 | 9,333,291 | 2.4 | % | ||||||
Fiserv, Inc. (A) | 151,240 | 11,205,372 | 2.9 | % | ||||||
Intuit, Inc. | 21,875 | 4,469,172 | 1.2 | % | ||||||
Maxim Integrated Products, Inc. | 47,918 | 2,810,870 | 0.7 | % | ||||||
Microsoft Corp. | 117,800 | 11,616,258 | 3.0 | % | ||||||
TE Connectivity, Ltd. | 34,809 | 3,134,899 | 0.8 | % | ||||||
Texas Instruments, Inc. (B) | 43,935 | 4,843,834 | 1.3 | % | ||||||
Visa, Inc., Class A | 72,873 | 9,652,029 | 2.5 | % | ||||||
OTHER SECURITIES | 1,586,395 | 0.4 | % | |||||||
70,930,554 | ||||||||||
Materials - 0.3% | 941,079 | 0.3 | % | |||||||
Real estate - 1.9% | ||||||||||
American Tower Corp. | 49,943 | 7,200,282 | 1.9 | % | ||||||
Utilities - 7.1% | ||||||||||
American Electric Power | ||||||||||
Company, Inc. | 52,900 | 3,663,325 | 0.9 | % | ||||||
CMS Energy Corp. | 56,034 | 2,649,288 | 0.7 | % | ||||||
DTE Energy Company | 56,025 | 5,805,871 | 1.5 | % | ||||||
Eversource Energy | 68,328 | 4,004,704 | 1.0 | % | ||||||
NiSource, Inc. | 216,944 | 5,701,288 | 1.5 | % | ||||||
OTHER SECURITIES | 5,621,571 | 1.5 | % | |||||||
27,446,047 | ||||||||||
TOTAL COMMON STOCKS (Cost $226,552,639) | $ | 269,980,218 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 3.9% | ||||||||||
Financials - 1.4% | ||||||||||
State Street Corp., 6.000% | 2,346 | 61,231 | 0.0 | % | ||||||
Wells Fargo & Company, | ||||||||||
Series L, 7.500% | 3,466 | 4,365,288 | 1.2 | % | ||||||
OTHER SECURITIES | 811,680 | 0.2 | % | |||||||
5,238,199 | ||||||||||
Health care - 1.0% | ||||||||||
Becton, Dickinson and Company, | ||||||||||
6.125% | 65,309 | 4,039,362 | 1.0 | % | ||||||
Industrials - 0.3% | ||||||||||
Fortive Corp., 5.000% | 1,082 | 1,109,694 | 0.3 | % | ||||||
Utilities - 1.2% | ||||||||||
DTE Energy Company, 5.250% | 35,000 | 861,350 | 0.2 | % | ||||||
OTHER SECURITIES | 3,795,921 | 1.0 | % | |||||||
4,657,271 | ||||||||||
TOTAL PREFERRED SECURITIES | ||||||||||
(Cost $14,193,286) | $ | 15,044,526 |
Capital Appreciation Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 4.3% | |||||||||||
U.S. Treasury Notes - 4.3% | |||||||||||
2.250%, 11/15/2027 | $ | 17,275,000 | $ | 16,415,299 | 4.3 | % | |||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $16,896,032) | $ | 16,415,299 | |||||||||
CORPORATE BONDS - 16.6% | |||||||||||
Consumer discretionary - 5.6% | |||||||||||
Amazon.com, Inc. | |||||||||||
2.600%, 12/05/2019 | 465,000 | 465,315 | 0.1 | % | |||||||
Netflix, Inc. | |||||||||||
5.875%, 02/15/2025 | 755,000 | 774,471 | 0.2 | % | |||||||
Netflix, Inc. | |||||||||||
4.875%, 04/15/2028 (D) | 3,360,000 | 3,202,651 | 0.8 | % | |||||||
Netflix, Inc. | |||||||||||
4.375%, 11/15/2026 | 1,835,000 | 1,715,358 | 0.4 | % | |||||||
Netflix, Inc. | |||||||||||
5.875%, 11/15/2028 (D) | 2,860,000 | 2,887,742 | 0.8 | % | |||||||
Yum! Brands, Inc. | |||||||||||
6.875%, 11/15/2037 | 260,000 | 256,100 | 0.1 | % | |||||||
Yum! Brands, Inc. | |||||||||||
3.875%, 11/01/2023 | 475,000 | 453,625 | 0.1 | % | |||||||
Yum! Brands, Inc. | |||||||||||
5.350%, 11/01/2043 | 215,000 | 189,533 | 0.1 | % | |||||||
Yum! Brands, Inc. | |||||||||||
3.875%, 11/01/2020 | 710,000 | 701,125 | 0.2 | % | |||||||
Yum! Brands, Inc. | |||||||||||
3.750%, 11/01/2021 | 1,300,000 | 1,274,000 | 0.3 | % | |||||||
Yum! Brands, Inc. | |||||||||||
5.300%, 09/15/2019 | 180,000 | 183,600 | 0.1 | % | |||||||
OTHER SECURITIES | 9,329,020 | 2.4 | % | ||||||||
21,432,540 | |||||||||||
Consumer staples - 1.0% | |||||||||||
Philip Morris International, Inc. | |||||||||||
2.000%, 02/21/2020 | 380,000 | 373,879 | 0.1 | % | |||||||
Philip Morris International, Inc. | |||||||||||
2.625%, 02/18/2022 | 470,000 | 458,004 | 0.1 | % | |||||||
Philip Morris International, Inc. (3 | |||||||||||
month LIBOR + 0.420%) | |||||||||||
2.751%, 02/21/2020 (E) | 255,000 | 255,955 | 0.1 | % | |||||||
OTHER SECURITIES | 2,914,857 | 0.7 | % | ||||||||
4,002,695 | |||||||||||
Energy - 0.3% | 1,338,432 | 0.3 | % | ||||||||
Financials - 2.9% | |||||||||||
KFW | |||||||||||
2.875%, 04/03/2028 | 8,815,000 | 8,705,611 | 2.3 | % | |||||||
Marsh & McLennan | |||||||||||
Companies, Inc. | |||||||||||
2.350%, 03/06/2020 | 140,000 | 138,059 | 0.0 | % | |||||||
Marsh & McLennan | |||||||||||
Companies, Inc. | |||||||||||
3.300%, 03/14/2023 | 65,000 | 64,229 | 0.0 | % | |||||||
Marsh & McLennan | |||||||||||
Companies, Inc. | |||||||||||
2.750%, 01/30/2022 | 190,000 | 185,685 | 0.1 | % | |||||||
State Street Corp. (5.250% to | |||||||||||
9-15-20, then 3 month LIBOR | |||||||||||
+ 3.597%) (F) | 435,000 | 446,854 | 0.1 | % | |||||||
The PNC Financial Services | |||||||||||
Group, Inc. (5.000% to 11-1-26, | |||||||||||
then 3 month LIBOR + | |||||||||||
3.300%) (F) | 525,000 | 520,406 | 0.1 | % | |||||||
OTHER SECURITIES | 1,163,617 | 0.3 | % | ||||||||
11,224,461 |
The accompanying notes are an integral part of the financial statements. | 16 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Value Trust (continued)
Shares or |
| % of | |||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Health care - 1.5% | |||||||||||
Becton, Dickinson and Company | |||||||||||
2.675%, 12/15/2019 | $ | 266,000 | $ | 263,997 | 0.1 | % | |||||
Becton, Dickinson and Company | |||||||||||
3.363%, 06/06/2024 | 620,000 | 595,320 | 0.2 | % | |||||||
Becton, Dickinson and Company | |||||||||||
(3 month LIBOR + 1.030%) | |||||||||||
3.055%, 06/06/2022 (E) | 400,000 | 401,312 | 0.1 | % | |||||||
HCA, Inc. | |||||||||||
6.500%, 02/15/2020 | 1,890,000 | 1,967,963 | 0.5 | % | |||||||
HCA, Inc. | |||||||||||
3.750%, 03/15/2019 | 200,000 | 200,750 | 0.1 | % | |||||||
HCA, Inc. | |||||||||||
4.250%, 10/15/2019 | 485,000 | 488,638 | 0.1 | % | |||||||
Thermo Fisher Scientific, Inc. | |||||||||||
3.200%, 08/15/2027 | 75,000 | 70,088 | 0.0 | % | |||||||
OTHER SECURITIES | 1,678,223 | 0.4 | % | ||||||||
5,666,291 | |||||||||||
Industrials - 0.8% | |||||||||||
Fortive Corp. | |||||||||||
1.800%, 06/15/2019 | 40,000 | 39,558 | 0.0 | % | |||||||
OTHER SECURITIES | 2,945,556 | 0.8 | % | ||||||||
2,985,114 | |||||||||||
Information technology - 0.8% | |||||||||||
Apple, Inc. | |||||||||||
1.500%, 09/12/2019 | 1,160,000 | 1,145,565 | 0.3 | % | |||||||
Fiserv, Inc. | |||||||||||
2.700%, 06/01/2020 | 580,000 | 574,446 | 0.2 | % | |||||||
OTHER SECURITIES | 1,359,352 | 0.3 | % | ||||||||
3,079,363 | |||||||||||
Materials - 0.6% | 2,488,963 | 0.6 | % | ||||||||
Real estate - 0.9% | |||||||||||
American Tower Corp. | |||||||||||
3.300%, 02/15/2021 | 320,000 | 319,631 | 0.1 | % | |||||||
OTHER SECURITIES | 2,958,502 | 0.8 | % | ||||||||
3,278,133 | |||||||||||
Telecommunication | |||||||||||
services - 0.5% | 2,103,467 | 0.5 | % | ||||||||
Utilities - 1.7% | |||||||||||
DTE Energy Company | |||||||||||
3.800%, 03/15/2027 | 700,000 | 684,072 | 0.2 | % | |||||||
Eversource Energy | |||||||||||
2.750%, 03/15/2022 | 275,000 | 268,079 | 0.1 | % | |||||||
Eversource Energy | |||||||||||
2.900%, 10/01/2024 | 175,000 | 166,034 | 0.0 | % | |||||||
Eversource Energy | |||||||||||
3.300%, 01/15/2028 | 433,000 | 408,824 | 0.1 | % | |||||||
NiSource, Inc. | |||||||||||
3.490%, 05/15/2027 | 1,010,000 | 966,750 | 0.3 | % | |||||||
NiSource, Inc. | |||||||||||
4.375%, 05/15/2047 | 555,000 | 538,581 | 0.1 | % | |||||||
NiSource, Inc. (5.650% to 6-15-23 | |||||||||||
then 5 Year CMT + | |||||||||||
2.843%) (D)(F) | 375,000 | 372,188 | 0.1 | % | |||||||
OTHER SECURITIES | 3,018,035 | 0.8 | % | ||||||||
6,422,563 | |||||||||||
TOTAL CORPORATE BONDS (Cost $65,175,589) | $ | 64,022,022 |
Capital Appreciation Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
TERM LOANS (G) - 2.3% | |||||||||||
Consumer discretionary - 0.1% | $ | 483,233 | 0.1 | % | |||||||
Consumer staples - 0.0% | 37,816 | 0.0 | % | ||||||||
Energy - 0.1% | 605,394 | 0.1 | % | ||||||||
Financials - 0.9% | |||||||||||
HUB International, Ltd. (2 month | |||||||||||
LIBOR + 3.000%) | |||||||||||
5.360%, 04/25/2025 | $ | 3,170,000 | 3,149,015 | 0.8 | % | ||||||
OTHER SECURITIES | 269,268 | 0.1 | % | ||||||||
3,418,283 | |||||||||||
Health care - 0.3% | 1,246,580 | 0.3 | % | ||||||||
Industrials - 0.5% | 1,823,101 | 0.5 | % | ||||||||
Information technology - 0.2% | |||||||||||
Fiserv, Inc. (1 month LIBOR + | |||||||||||
1.250%) | |||||||||||
3.344%, 10/25/2018 | 64,286 | 64,125 | 0.0 | % | |||||||
OTHER SECURITIES | 636,820 | 0.2 | % | ||||||||
700,945 | |||||||||||
Materials - 0.1% | 254,638 | 0.1 | % | ||||||||
Telecommunication | |||||||||||
services - 0.1% | 424,397 | 0.1 | % | ||||||||
TOTAL TERM LOANS (Cost $9,050,353) | $ | 8,994,387 | |||||||||
ASSET BACKED SECURITIES - 0.4% | 1,726,663 | 0.4 | % | ||||||||
TOTAL ASSET BACKED SECURITIES | |||||||||||
(Cost $1,718,106) | $ | 1,726,663 | |||||||||
SECURITIES LENDING COLLATERAL - 1.1% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (H)(I) | 425,397 | 4,255,500 | 1.1 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $4,255,668) | $ | 4,255,500 | |||||||||
SHORT-TERM INVESTMENTS - 3.1% | |||||||||||
Money market funds - 2.6% | |||||||||||
T. Rowe Price Government | |||||||||||
Reserve Fund, 2.1583% (H) | 9,904,416 | 9,904,416 | 2.6 | % | |||||||
Repurchase agreement - 0.5% | |||||||||||
Repurchase Agreement with State | |||||||||||
Street Corp. dated 6-29-18 at | |||||||||||
0.900% to be repurchased at | |||||||||||
$2,139,160 on 7-2-18, | |||||||||||
collateralized by $2,180,000 | |||||||||||
U.S. Treasury Notes, 1.375% | |||||||||||
due 12-31-18 (valued at | |||||||||||
$2,185,882, including interest) | 2,139,000 | 2,139,000 | 0.5 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $12,043,416) | $ | 12,043,416 | |||||||||
Total Investments (Capital Appreciation Value | |||||||||||
Trust) (Cost $349,885,089) - 101.7% | $ | 392,482,031 | 101.7 | % | |||||||
Other assets and liabilities, net - (1.7)% | (6,663,128 | ) | (1.7 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 385,818,903 | 100.0 | % |
Security Abbreviations and Legend
CMT | Constant Maturity Treasury |
LIBOR | London Interbank Offered Rate |
(A) | Non-income producing security. |
(B) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(C) | A portion of this security is on loan as of 6-30-18. |
(D) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
The accompanying notes are an integral part of the financial statements. | 17 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Value Trust (continued)
(E) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(F) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(G) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
Capital Appreciation Value Trust (continued)
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(I) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
DERIVATIVES
WRITTEN OPTIONS
Options on securities | |||||||||||||||||||
Counterparty (OTC)/ | Exercise | Expiration | Number of | Notional | |||||||||||||||
Exchange-traded | Name of issuer | price | date | contracts | amount | Premium | Value | ||||||||||||
Calls | |||||||||||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Abbott Laboratories | USD | 65.00 | Jan 2019 | 154 | 15,400 | $ | 36,449 | $ | (26,123 | ) | ||||||||
Deutsche Bank | |||||||||||||||||||
Securities, Inc. | Abbott Laboratories | USD | 67.50 | Jan 2019 | 65 | 6,500 | 11,927 | (6,611 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Alphabet, Inc., Class A | USD | 1,200.00 | Jan 2019 | 6 | 600 | 40,231 | (30,175 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Alphabet, Inc., Class A | USD | 1,200.00 | Jan 2019 | 4 | 400 | 20,748 | (20,116 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Alphabet, Inc., Class A | USD | 1,260.00 | Jan 2019 | 2 | 200 | 10,739 | (7,565 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Alphabet, Inc., Class C | USD | 1,200.00 | Jan 2019 | 13 | 1,300 | 63,312 | (65,379 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Alphabet, Inc., Class C | USD | 1,200.00 | Jan 2019 | 8 | 800 | 38,176 | (40,233 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Alphabet, Inc., Class C | USD | 1,260.00 | Jan 2019 | 5 | 500 | 25,537 | (16,085 | ) | ||||||||||
JPMorgan Clearing Corp. | American Tower Corp. | USD | 160.00 | Jan 2019 | 34 | 3,400 | 17,476 | (6,987 | ) | ||||||||||
JPMorgan Clearing Corp. | American Tower Corp. | USD | 165.00 | Jan 2019 | 33 | 3,300 | 12,625 | (4,029 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Anthem, Inc. | USD | 260.00 | Jan 2019 | 34 | 3,400 | 31,792 | (24,773 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Anthem, Inc. | USD | 270.00 | Jan 2019 | 26 | 2,600 | 25,249 | (12,266 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Anthem, Inc. | USD | 270.00 | Jan 2019 | 34 | 3,400 | 21,556 | (16,041 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Apple, Inc. | USD | 200.00 | Jan 2019 | 93 | 9,300 | 62,048 | (62,372 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Booking Holdings, Inc. | USD | 1,900.00 | Jan 2019 | 2 | 200 | 28,423 | (47,952 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Booking Holdings, Inc. | USD | 2,000.00 | Jan 2019 | 2 | 200 | 21,859 | (36,020 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Booking Holdings, Inc. | USD | 2,300.00 | Jan 2019 | 4 | 400 | 28,086 | (24,573 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Enterprise Products Partners LP | USD | 30.00 | Jan 2019 | 343 | 34,300 | 27,943 | (16,523 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Facebook, Inc., Class A | USD | 180.00 | Jan 2019 | 63 | 6,300 | 68,247 | (164,739 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Intercontinental Exchange, Inc. | USD | 80.00 | Jan 2019 | 134 | 13,400 | 36,024 | (23,871 | ) | ||||||||||
JPMorgan Clearing Corp. | Intuit, Inc. | USD | 190.00 | Jan 2019 | 57 | 5,700 | 51,562 | (147,149 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Mastercard, Inc., Class A | USD | 180.00 | Jan 2019 | 9 | 900 | 10,209 | (22,084 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Mastercard, Inc., Class A | USD | 180.00 | Jan 2019 | 29 | 2,900 | 37,299 | (71,161 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Mastercard, Inc., Class A | USD | 185.00 | Jan 2019 | 8 | 800 | 7,693 | (16,816 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Mastercard, Inc., Class A | USD | 185.00 | Jan 2019 | 29 | 2,900 | 31,292 | (60,958 | ) | ||||||||||
JPMorgan Clearing Corp. | Microsoft Corp. | USD | 100.00 | Jan 2019 | 111 | 11,100 | 48,426 | (68,486 | ) | ||||||||||
JPMorgan Clearing Corp. | Microsoft Corp. | USD | 105.00 | Jan 2019 | 43 | 4,300 | 19,542 | (17,431 | ) | ||||||||||
RBC Capital Markets | Microsoft Corp. | USD | 105.00 | Jan 2019 | 51 | 5,100 | 16,779 | (20,673 | ) |
The accompanying notes are an integral part of the financial statements. | 18 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Value Trust (continued)
Options on securities (continued) | |||||||||||||||||||
Counterparty (OTC)/ | Exercise | Expiration | Number of | Notional | |||||||||||||||
Exchange-traded | Name of issuer | price | date | contracts | amount | Premium | Value | ||||||||||||
Deutsche Bank | |||||||||||||||||||
Securities, Inc. | Microsoft Corp. | USD | 110.00 | Jan 2019 | 195 | 19,500 | $ | 57,651 | $ | (49,269 | ) | ||||||||
JPMorgan Clearing Corp. | Microsoft Corp. | USD | 110.00 | Jan 2019 | 43 | 4,300 | 13,631 | (10,864 | ) | ||||||||||
RBC Capital Markets LLC | Microsoft Corp. | USD | 110.00 | Jan 2019 | 52 | 5,200 | 11,076 | (13,138 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Philip Morris International, Inc. | USD | 115.00 | Jan 2019 | 55 | 5,500 | 22,061 | (610 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | State Street Corp. | USD | 100.00 | Jan 2019 | 61 | 6,100 | 47,707 | (25,270 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Texas Instruments, Inc. | USD | 125.00 | Jan 2019 | 64 | 6,400 | 28,182 | (16,410 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | Texas Instruments, Inc. | USD | 130.00 | Jan 2019 | 65 | 6,500 | 20,973 | (10,590 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | The PNC Financial Services Group, Inc. | USD | 140.00 | Jan 2019 | 10 | 1,000 | 6,237 | (6,625 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | The PNC Financial Services Group, Inc. | USD | 145.00 | Jan 2019 | 10 | 1,000 | 4,833 | (4,938 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | The PNC Financial Services Group, Inc. | USD | 150.00 | Jan 2019 | 10 | 1,000 | 3,709 | (3,326 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | The PNC Financial Services Group, Inc. | USD | 155.00 | Jan 2019 | 10 | 1,000 | 2,728 | (2,280 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | The PNC Financial Services Group, Inc. | USD | 165.00 | Jan 2019 | 86 | 8,600 | 30,702 | (7,428 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | The PNC Financial Services Group, Inc. | USD | 180.00 | Jan 2019 | 8 | 800 | 4,176 | (155 | ) | ||||||||||
Merrill Lynch, Pierce, | |||||||||||||||||||
Fenner & Smith, Inc. | Thermo Fisher Scientific, Inc. | USD | 230.00 | Jan 2019 | 33 | 3,300 | 32,671 | (14,590 | ) | ||||||||||
Merrill Lynch, Pierce, | |||||||||||||||||||
Fenner & Smith, Inc. | Thermo Fisher Scientific, Inc. | USD | 240.00 | Jan 2019 | 34 | 3,400 | 23,229 | (8,103 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | UnitedHealth Group, Inc. | USD | 260.00 | Jan 2019 | 12 | 1,200 | 11,184 | (11,005 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | UnitedHealth Group, Inc. | USD | 260.00 | Jan 2019 | 33 | 3,300 | 18,604 | (30,263 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | UnitedHealth Group, Inc. | USD | 270.00 | Jan 2019 | 36 | 3,600 | 28,349 | (21,545 | ) | ||||||||||
Goldman Sachs & | |||||||||||||||||||
Company | UnitedHealth Group, Inc. | USD | 270.00 | Jan 2019 | 93 | 9,300 | 45,759 | (55,658 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Visa, Inc., Class A | USD | 105.00 | Jan 2019 | 21 | 2,100 | 12,960 | (62,225 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Visa, Inc., Class A | USD | 110.00 | Jan 2019 | 21 | 2,100 | 9,578 | (53,603 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Visa, Inc., Class A | USD | 115.00 | Jan 2019 | 21 | 2,100 | 6,888 | (44,182 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Visa, Inc., Class A | USD | 120.00 | Jan 2019 | 58 | 5,800 | 22,693 | (99,016 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Visa, Inc., Class A | USD | 125.00 | Jan 2019 | 56 | 5,600 | 20,292 | (71,964 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 135.00 | Jan 2019 | 85 | 8,500 | 36,266 | (62,470 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 140.00 | Jan 2019 | 43 | 4,300 | 18,576 | (22,166 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 140.00 | Jan 2019 | 38 | 3,800 | 17,746 | (19,588 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 150.00 | Jan 2020 | 33 | 3,300 | 30,571 | (28,912 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 155.00 | Jan 2020 | 33 | 3,300 | 24,836 | (23,770 | ) | ||||||||||
Credit Suisse Securities | |||||||||||||||||||
(USA) LLC | Visa, Inc., Class A | USD | 160.00 | Jan 2020 | 34 | 3,400 | 20,699 | (20,012 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Yum! Brands, Inc. | USD | 95.00 | Jan 2019 | 7 | 700 | 1,344 | (224 | ) | ||||||||||
Citigroup Global | |||||||||||||||||||
Markets, Inc. | Yum! Brands, Inc. | USD | 95.00 | Jan 2019 | 85 | 8,500 | 14,911 | (2,716 | ) | ||||||||||
$ | 1,502,071 | $ | (1,880,106 | ) |
The accompanying notes are an integral part of the financial statements. | 19 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Capital Appreciation Value Trust (continued)
Derivatives Currency Abbreviations
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Emerging Markets Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 96.2% | ||||||||||
Brazil - 6.2% | ||||||||||
Banco Bradesco SA | 32,561 | $ | 204,822 | 0.0 | % | |||||
Petroleo Brasileiro SA | 1,256,990 | 6,298,328 | 0.9 | % | ||||||
Petroleo Brasileiro SA, ADR | 52,982 | 531,409 | 0.1 | % | ||||||
Petroleo Brasileiro SA, ADR | 52,953 | 468,105 | 0.1 | % | ||||||
Vale SA | 1,790,356 | 22,907,503 | 3.2 | % | ||||||
OTHER SECURITIES | 13,546,264 | 1.9 | % | |||||||
43,956,431 | ||||||||||
Chile - 1.4% | 9,578,457 | 1.4 | % | |||||||
China - 12.3% | ||||||||||
Bank of China, Ltd., H Shares | 12,196,694 | 6,048,644 | 0.9 | % | ||||||
China Construction Bank Corp., | ||||||||||
H Shares | 15,188,000 | 13,897,648 | 2.0 | % | ||||||
China Petroleum & Chemical | ||||||||||
Corp., ADR | 61,889 | 5,560,113 | 0.8 | % | ||||||
China Petroleum & Chemical | ||||||||||
Corp., H Shares | 718,000 | 642,694 | 0.1 | % | ||||||
CNOOC, Ltd. | 4,593,000 | 7,870,314 | 1.1 | % | ||||||
Industrial & Commercial Bank of | ||||||||||
China, Ltd., H Shares | 19,011,000 | 14,179,167 | 2.0 | % | ||||||
PetroChina Company, Ltd., | ||||||||||
H Shares | 5,554,000 | 4,231,119 | 0.6 | % | ||||||
OTHER SECURITIES | 35,665,748 | 4.8 | % | |||||||
88,095,447 | ||||||||||
Colombia - 0.3% | 2,347,278 | 0.3 | % | |||||||
Czech Republic - 0.2% | 1,572,568 | 0.2 | % | |||||||
Greece - 0.0% | 215,094 | 0.0 | % | |||||||
Hong Kong - 5.0% | ||||||||||
China Mobile, Ltd. | 1,321,000 | 11,721,163 | 1.7 | % | ||||||
China Overseas Land & | ||||||||||
Investment, Ltd. | 1,090,000 | 3,577,600 | 0.5 | % | ||||||
China Resources Land, Ltd. | 788,000 | 2,646,936 | 0.4 | % | ||||||
China Unicom Hong Kong, Ltd. | 896,000 | 1,116,851 | 0.2 | % | ||||||
China Unicom Hong Kong, Ltd., | ||||||||||
ADR (A) | 112,186 | 1,403,447 | 0.2 | % | ||||||
OTHER SECURITIES | 14,966,862 | 2.0 | % | |||||||
35,432,859 | ||||||||||
Hungary - 0.2% | 1,595,682 | 0.2 | % | |||||||
India - 12.7% | ||||||||||
Axis Bank, Ltd. | 424,021 | 3,149,272 | 0.5 | % | ||||||
Bharti Airtel, Ltd. | 676,019 | 3,766,321 | 0.5 | % | ||||||
ICICI Bank, Ltd. | 847,890 | 3,401,660 | 0.5 | % | ||||||
JSW Steel, Ltd. | 506,361 | 2,414,907 | 0.4 | % | ||||||
Mahindra & Mahindra, Ltd. | 185,072 | 2,422,449 | 0.4 | % | ||||||
Reliance Industries, Ltd. | 165,331 | 2,350,824 | 0.3 | % | ||||||
Reliance Industries, Ltd., GDR (B) | 554,303 | 15,533,672 | 2.2 | % | ||||||
Tata Motors, Ltd. (C) | 620,187 | 2,434,430 | 0.4 | % | ||||||
Vedanta, Ltd. | 224,895 | 776,098 | 0.1 | % | ||||||
Vedanta, Ltd., ADR | 158,875 | 2,160,700 | 0.3 | % | ||||||
OTHER SECURITIES | 52,404,990 | 7.1 | % | |||||||
90,815,323 | ||||||||||
Indonesia - 2.4% | 17,339,716 | 2.4 | % | |||||||
Malaysia - 2.6% | 18,817,572 | 2.6 | % | |||||||
Malta - 0.0% | 190,059 | 0.0 | % | |||||||
Mexico - 3.7% | ||||||||||
Cemex SAB de CV, ADR (C) | 439,595 | 2,883,743 | 0.4 | % |
Emerging Markets Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Mexico (continued) | ||||||||||
Grupo Financiero Banorte SAB de | ||||||||||
CV, Series O (A) | 844,466 | $ | 4,965,534 | 0.7 | % | |||||
Grupo Mexico SAB de CV, | ||||||||||
Series B | 1,664,521 | 4,717,760 | 0.7 | % | ||||||
OTHER SECURITIES | 13,513,548 | 1.9 | % | |||||||
26,080,585 | ||||||||||
Philippines - 1.0% | 7,343,011 | 1.0 | % | |||||||
Poland - 1.2% | 8,679,851 | 1.2 | % | |||||||
Russia - 2.0% | ||||||||||
Gazprom PJSC, ADR | 958,281 | 4,199,334 | 0.6 | % | ||||||
LUKOIL PJSC, ADR | 120,863 | 8,230,999 | 1.2 | % | ||||||
OTHER SECURITIES | 2,041,423 | 0.2 | % | |||||||
14,471,756 | ||||||||||
Singapore - 0.0% | 50,309 | 0.0 | % | |||||||
South Africa - 7.0% | ||||||||||
Barclays Africa Group, Ltd. | 293,019 | 3,402,451 | 0.5 | % | ||||||
MTN Group, Ltd. | 949,023 | 7,458,565 | 1.1 | % | ||||||
Sasol, Ltd. | 204,114 | 7,422,982 | 1.0 | % | ||||||
Standard Bank Group, Ltd. | 657,101 | 9,174,562 | 1.3 | % | ||||||
OTHER SECURITIES | 22,858,590 | 3.1 | % | |||||||
50,317,150 | ||||||||||
South Korea - 16.7% | ||||||||||
Hana Financial Group, Inc. | 102,967 | 3,954,010 | 0.6 | % | ||||||
Hyundai Mobis Company, Ltd. | 20,267 | 3,854,803 | 0.6 | % | ||||||
Hyundai Motor Company | 52,466 | 5,896,860 | 0.8 | % | ||||||
KB Financial Group, Inc. | 38,273 | 1,801,578 | 0.3 | % | ||||||
KB Financial Group, Inc., ADR | 91,112 | 4,234,886 | 0.6 | % | ||||||
LG Electronics, Inc. | 42,604 | 3,172,090 | 0.5 | % | ||||||
POSCO | 32,392 | 9,557,581 | 1.4 | % | ||||||
POSCO, ADR | 29,174 | 2,162,377 | 0.3 | % | ||||||
Shinhan Financial Group | ||||||||||
Company, Ltd., ADR | 175,556 | 6,755,395 | 1.0 | % | ||||||
SK Innovation Company, Ltd. | 35,028 | 6,344,565 | 0.9 | % | ||||||
Woori Bank | 174,709 | 2,548,244 | 0.4 | % | ||||||
Woori Bank, ADR | 83 | 3,650 | 0.0 | % | ||||||
OTHER SECURITIES | 68,819,185 | 9.3 | % | |||||||
119,105,224 | ||||||||||
Taiwan - 17.1% | ||||||||||
Cathay Financial Holding | ||||||||||
Company, Ltd. | 3,230,000 | 5,689,332 | 0.8 | % | ||||||
China Steel Corp. | 6,066,180 | 4,712,305 | 0.7 | % | ||||||
CTBC Financial Holding | ||||||||||
Company, Ltd. | 7,474,348 | 5,370,451 | 0.8 | % | ||||||
First Financial Holding | ||||||||||
Company, Ltd. | 3,726,705 | 2,516,144 | 0.4 | % | ||||||
Fubon Financial Holding | ||||||||||
Company, Ltd. | 3,527,417 | 5,901,780 | 0.8 | % | ||||||
Hon Hai Precision Industry | ||||||||||
Company, Ltd. (A) | 4,059,310 | 11,061,894 | 1.6 | % | ||||||
Mega Financial Holding | ||||||||||
Company, Ltd. | 4,141,472 | 3,651,523 | 0.5 | % | ||||||
United Microelectronics | ||||||||||
Corp. (A)(D) | 7,234,794 | 4,053,744 | 0.6 | % | ||||||
OTHER SECURITIES | 79,612,657 | 10.9 | % | |||||||
122,569,830 |
The accompanying notes are an integral part of the financial statements. | 20 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Emerging Markets Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Thailand - 3.1% | ||||||||||
PTT Exploration & | ||||||||||
Production PCL | 615,600 | $ | 2,605,953 | 0.4 | % | |||||
PTT PCL | 4,364,900 | 6,310,646 | 0.9 | % | ||||||
OTHER SECURITIES | 12,998,808 | 1.8 | % | |||||||
21,915,407 | ||||||||||
Turkey - 1.0% | 7,297,728 | 1.0 | % | |||||||
Ukraine - 0.1% | 252,523 | 0.1 | % | |||||||
Vietnam - 0.0% | 12,599 | 0.0 | % | |||||||
TOTAL COMMON STOCKS (Cost $666,321,034) | $ | 688,052,459 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 1.8% | ||||||||||
Brazil - 1.7% | ||||||||||
Banco Bradesco SA | 387,889 | 2,692,179 | 0.4 | % | ||||||
Petroleo Brasileiro SA | 1,734,907 | 7,694,782 | 1.1 | % | ||||||
OTHER SECURITIES | 1,783,970 | 0.2 | % | |||||||
12,170,931 | ||||||||||
Colombia - 0.1% | 648,910 | 0.1 | % | |||||||
Malaysia - 0.0% | 12,268 | 0.0 | % | |||||||
Panama - 0.0% | 105,163 | 0.0 | % | |||||||
South Korea - 0.0% | 59,408 | 0.0 | % | |||||||
TOTAL PREFERRED SECURITIES | ||||||||||
(Cost $14,511,100) | $ | 12,996,680 | ||||||||
RIGHTS - 0.0% | 29,921 | 0.0 | % | |||||||
TOTAL RIGHTS (Cost $33,059) | $ | 29,921 | ||||||||
WARRANTS - 0.0% | 28,318 | 0.0 | % | |||||||
TOTAL WARRANTS (Cost $0) | $ | 28,318 |
Emerging Markets Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
SECURITIES LENDING COLLATERAL - 1.8% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (E)(F) | 1,306,188 | $ | 13,066,714 | 1.8 | % | |||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $13,066,882) | $ | 13,066,714 | ||||||||
Total Investments (Emerging Markets Value Trust) | ||||||||||
(Cost $693,932,075) - 99.8% | $ | 714,174,092 | 99.8 | % | ||||||
Other assets and liabilities, net - 0.2% | 1,425,120 | 0.2 | % | |||||||
TOTAL NET ASSETS - 100.0% | $ | 715,599,212 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
(A) | A portion of this security is on loan as of 6-30-18. |
(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) | Non-income producing security. |
(D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
DERIVATIVES
FUTURES
Unrealized | ||||||||||||
Number of | Expiration | Notional | Notional | appreciation | ||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | ||||||
Mini MSCI Emerging Markets Index Futures | 190 | Long | Sep 2018 | $10,060,571 | $10,101,350 | $40,779 | ||||||
$40,779 |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Equity Income Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 95.4% | ||||||||||
Consumer discretionary - 7.5% | ||||||||||
Comcast Corp., Class A | 498,033 | $ | 16,340,463 | 0.9 | % | |||||
Las Vegas Sands Corp. | 238,100 | 18,181,316 | 1.0 | % | ||||||
Mattel, Inc. (A) | 593,675 | 9,748,144 | 0.6 | % | ||||||
Twenty-First Century Fox, Inc., | ||||||||||
Class B | 838,400 | 41,307,968 | 2.4 | % | ||||||
OTHER SECURITIES | 46,034,686 | 2.6 | % | |||||||
131,612,577 | ||||||||||
Consumer staples - 6.7% | ||||||||||
Kimberly-Clark Corp. | 210,300 | 22,153,002 | 1.3 | % | ||||||
Philip Morris International, Inc. | 210,700 | 17,011,918 | 1.0 | % | ||||||
Tyson Foods, Inc., Class A | 322,700 | 22,217,895 | 1.3 | % |
Equity Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer staples (continued) | ||||||||||
Walmart, Inc. | 205,700 | $ | 17,618,205 | 1.0 | % | |||||
OTHER SECURITIES | 37,481,521 | 2.1 | % | |||||||
116,482,541 | ||||||||||
Energy - 10.6% | ||||||||||
Apache Corp. | 356,083 | 16,646,880 | 0.9 | % | ||||||
Chevron Corp. | 162,300 | 20,519,589 | 1.2 | % | ||||||
Exxon Mobil Corp. | 561,600 | 46,461,168 | 2.7 | % | ||||||
Hess Corp. | 369,300 | 24,702,477 | 1.4 | % | ||||||
Occidental Petroleum Corp. | 241,700 | 20,225,456 | 1.2 | % | ||||||
TOTAL SA | 607,241 | 36,875,156 | 2.1 | % |
The accompanying notes are an integral part of the financial statements. | 21 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Equity Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Energy (continued) | ||||||||||
TransCanada Corp. | 410,200 | $ | 17,720,640 | 1.0 | % | |||||
OTHER SECURITIES | 2,012,415 | 0.1 | % | |||||||
185,163,781 | ||||||||||
Financials - 24.6% | ||||||||||
American International | ||||||||||
Group, Inc. | 427,577 | 22,670,133 | 1.3 | % | ||||||
Chubb, Ltd. | 192,044 | 24,393,429 | 1.4 | % | ||||||
Citigroup, Inc. | 304,600 | 20,383,832 | 1.2 | % | ||||||
Fifth Third Bancorp | 711,100 | 20,408,570 | 1.2 | % | ||||||
JPMorgan Chase & Co. | 595,075 | 62,006,814 | 3.5 | % | ||||||
KeyCorp | 764,200 | 14,932,468 | 0.9 | % | ||||||
Loews Corp. | 386,566 | 18,663,406 | 1.1 | % | ||||||
MetLife, Inc. | 573,800 | 25,017,680 | 1.4 | % | ||||||
Morgan Stanley | 645,800 | 30,610,920 | 1.7 | % | ||||||
State Street Corp. | 261,200 | 24,315,108 | 1.4 | % | ||||||
The PNC Financial Services | ||||||||||
Group, Inc. | 126,400 | 17,076,640 | 1.0 | % | ||||||
U.S. Bancorp | 550,400 | 27,531,008 | 1.6 | % | ||||||
Wells Fargo & Company | 982,900 | 54,491,976 | 3.1 | % | ||||||
OTHER SECURITIES | 67,230,536 | 3.8 | % | |||||||
429,732,520 | ||||||||||
Health care - 11.7% | ||||||||||
Anthem, Inc. | 130,474 | 31,056,726 | 1.8 | % | ||||||
Becton, Dickinson and Company | 40,500 | 9,702,180 | 0.6 | % | ||||||
Gilead Sciences, Inc. | 291,500 | 20,649,860 | 1.2 | % | ||||||
GlaxoSmithKline PLC | 551,305 | 11,114,823 | 0.6 | % | ||||||
GlaxoSmithKline PLC, ADR | 179,300 | 7,227,583 | 0.4 | % | ||||||
Johnson & Johnson | 249,700 | 30,298,598 | 1.7 | % | ||||||
Medtronic PLC | 286,199 | 24,501,496 | 1.4 | % | ||||||
Merck & Company, Inc. | 302,950 | 18,389,065 | 1.1 | % | ||||||
Pfizer, Inc. | 679,135 | 24,639,018 | 1.4 | % | ||||||
OTHER SECURITIES | 27,194,368 | 1.5 | % | |||||||
204,773,717 | ||||||||||
Industrials - 10.1% | ||||||||||
Harris Corp. | 190,824 | 27,581,701 | 1.6 | % | ||||||
Johnson Controls | ||||||||||
International PLC | 768,965 | 25,721,879 | 1.5 | % | ||||||
The Boeing Company | 89,000 | 29,860,390 | 1.7 | % | ||||||
United Parcel Service, Inc., | ||||||||||
Class B | 194,100 | 20,619,243 | 1.2 | % | ||||||
OTHER SECURITIES | 71,513,354 | 4.1 | % | |||||||
175,296,567 | ||||||||||
Information technology - 7.8% | ||||||||||
Cisco Systems, Inc. | 671,000 | 28,873,130 | 1.7 | % | ||||||
Microsoft Corp. | 391,525 | 38,608,280 | 2.2 | % | ||||||
QUALCOMM, Inc. | 533,900 | 29,962,468 | 1.7 | % | ||||||
OTHER SECURITIES | 38,718,421 | 2.2 | % | |||||||
136,162,299 | ||||||||||
Materials - 5.6% | ||||||||||
CF Industries Holdings, Inc. | 448,200 | 19,900,080 | 1.1 | % | ||||||
DowDuPont, Inc. | 549,698 | 36,236,092 | 2.1 | % | ||||||
International Paper Company | 298,100 | 15,525,048 | 0.9 | % | ||||||
OTHER SECURITIES | 26,268,153 | 1.5 | % | |||||||
97,929,373 | ||||||||||
Real estate - 2.8% | 48,837,013 | 2.8 | % | |||||||
Telecommunication | ||||||||||
services - 3.0% | ||||||||||
Verizon Communications, Inc. | 686,885 | 34,557,184 | 2.0 | % | ||||||
OTHER SECURITIES | 16,962,691 | 1.0 | % | |||||||
51,519,875 |
Equity Income Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Utilities - 5.0% | |||||||||||
NiSource, Inc. | 827,500 | $ | 21,746,700 | 1.2 | % | ||||||
The Southern Company | 672,448 | 31,141,067 | 1.8 | % | |||||||
OTHER SECURITIES | 33,932,974 | 2.0 | % | ||||||||
86,820,741 | |||||||||||
TOTAL COMMON STOCKS | |||||||||||
(Cost $1,330,705,268) | $ | 1,664,331,004 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 2.2% | |||||||||||
Health care - 0.8% | |||||||||||
Becton, Dickinson and Company, | |||||||||||
6.125% | 227,357 | 14,062,030 | 0.8 | % | |||||||
Utilities - 1.4% | 24,579,867 | 1.4 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $33,641,949) | $ | 38,641,897 | |||||||||
CORPORATE BONDS - 0.4% | |||||||||||
Consumer discretionary - 0.4% | |||||||||||
Mattel, Inc. | |||||||||||
6.750%, 12/31/2025 (A)(B) | $ | 8,109,000 | 7,896,139 | 0.4 | % | ||||||
TOTAL CORPORATE BONDS (Cost $8,012,532) | $ | 7,896,139 | |||||||||
CONVERTIBLE | |||||||||||
BONDS - 0.2% | |||||||||||
Financials - 0.2% | 3,265,039 | 0.2 | % | ||||||||
TOTAL CONVERTIBLE BONDS | |||||||||||
(Cost $3,124,000) | $ | 3,265,039 | |||||||||
SECURITIES LENDING COLLATERAL - 0.7% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 1,149,519 | 11,499,330 | 0.7 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $11,499,914) | $ | 11,499,330 | |||||||||
SHORT-TERM INVESTMENTS - 1.5% | |||||||||||
Money market funds - 1.5% | |||||||||||
T. Rowe Price Government | |||||||||||
Reserve Fund, 2.1583% (C) | 23,260,294 | 23,260,294 | 1.3 | % | |||||||
OTHER SECURITIES | 2,975,893 | 0.2 | % | ||||||||
26,236,187 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $26,236,187) | $ | 26,236,187 | |||||||||
Total Investments (Equity Income Trust) | |||||||||||
(Cost $1,413,219,850) - 100.4% | $ | 1,751,869,596 | 100.4 | % | |||||||
Other assets and liabilities, net - (0.4)% | (7,071,738 | ) | (0.4 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 1,744,797,858 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | A portion of this security is on loan as of 6-30-18. |
(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) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
The accompanying notes are an integral part of the financial statements. | 22 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Financial Industries Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 97.7% | ||||||||||
Financials - 93.0% | ||||||||||
American Express Company | 34,097 | $ | 3,341,506 | 1.5 | % | |||||
Ameris Bancorp | 50,700 | 2,704,845 | 1.2 | % | ||||||
Aon PLC | 33,761 | 4,630,996 | 2.1 | % | ||||||
Arthur J. Gallagher & Company | 42,601 | 2,780,993 | 1.3 | % | ||||||
Assured Guaranty, Ltd. | 107,114 | 3,827,183 | 1.7 | % | ||||||
Athene Holding, Ltd., Class A (A) | 65,341 | 2,864,549 | 1.3 | % | ||||||
Bank of America Corp. | 246,543 | 6,950,046 | 3.2 | % | ||||||
Bankinter SA | 414,888 | 4,025,657 | 1.8 | % | ||||||
Berkshire Hathaway, Inc., | ||||||||||
Class B (A) | 29,952 | 5,590,541 | 2.5 | % | ||||||
Capital One Financial Corp. | 57,202 | 5,256,864 | 2.4 | % | ||||||
Chemical Financial Corp. | 44,377 | 2,470,468 | 1.1 | % | ||||||
Chubb, Ltd. | 37,044 | 4,705,327 | 2.1 | % | ||||||
Citigroup, Inc. | 49,038 | 3,281,623 | 1.5 | % | ||||||
Citizens Financial Group, Inc. | 174,029 | 6,769,728 | 3.1 | % | ||||||
Close Brothers Group PLC | 105,314 | 2,055,922 | 0.9 | % | ||||||
CNO Financial Group, Inc. | 143,863 | 2,739,152 | 1.2 | % | ||||||
Comerica, Inc. | 74,314 | 6,756,629 | 3.1 | % | ||||||
Danske Bank A/S | 149,753 | 4,665,388 | 2.1 | % | ||||||
Discover Financial Services | 53,450 | 3,763,415 | 1.7 | % | ||||||
DNB ASA | 117,752 | 2,292,992 | 1.0 | % | ||||||
E*TRADE Financial Corp. (A) | 58,594 | 3,583,609 | 1.6 | % | ||||||
First Merchants Corp. | 54,863 | 2,545,643 | 1.2 | % | ||||||
Glacier Bancorp, Inc. | 61,763 | 2,388,993 | 1.1 | % | ||||||
Great Western Bancorp, Inc. | 47,247 | 1,983,902 | 0.9 | % | ||||||
Invesco, Ltd. | 117,653 | 3,124,864 | 1.4 | % | ||||||
James River Group Holdings, Ltd. | 41,440 | 1,628,178 | 0.7 | % | ||||||
JPMorgan Chase & Co. | 62,611 | 6,524,066 | 3.0 | % | ||||||
KeyCorp | 298,765 | 5,837,868 | 2.6 | % | ||||||
Kinsale Capital Group, Inc. | 55,077 | 3,021,524 | 1.4 | % | ||||||
KKR & Company LP (B) | 177,174 | 4,402,774 | 2.0 | % | ||||||
Lincoln National Corp. | 92,319 | 5,746,858 | 2.6 | % | ||||||
M&T Bank Corp. | 19,721 | 3,355,528 | 1.5 | % | ||||||
MB Financial, Inc. | 59,310 | 2,769,777 | 1.3 | % | ||||||
Nordea Bank AB | 270,938 | 2,598,996 | 1.2 | % | ||||||
Pinnacle Financial Partners, Inc. | 31,544 | 1,935,224 | 0.9 | % | ||||||
Provident Financial Services, Inc. | 56,517 | 1,555,913 | 0.7 | % | ||||||
Regions Financial Corp. | 338,345 | 6,015,774 | 2.7 | % | ||||||
SunTrust Banks, Inc. | 89,087 | 5,881,524 | 2.7 | % | ||||||
SVB Financial Group (A) | 22,637 | 6,536,660 | 3.0 | % | ||||||
The Blackstone Group LP | 99,192 | 3,191,007 | 1.4 | % | ||||||
The PNC Financial Services | ||||||||||
Group, Inc. | 30,470 | 4,116,497 | 1.9 | % | ||||||
TriCo Bancshares | 57,575 | 2,156,184 | 1.0 | % | ||||||
U.S. Bancorp | 94,090 | 4,706,382 | 2.1 | % | ||||||
Unicaja Banco SA (C) | 895,571 | 1,533,732 | 0.7 | % | ||||||
Union Bankshares Corp. | 56,481 | 2,195,981 | 1.0 | % | ||||||
Voya Financial, Inc. | 85,112 | 4,000,264 | 1.8 | % | ||||||
Willis Towers Watson PLC | 16,248 | 2,463,197 | 1.1 | % | ||||||
Zions Bancorporation | 112,205 | 5,912,081 | 2.7 | % | ||||||
OTHER SECURITIES | 21,992,587 | 10.0 | % | |||||||
205,179,411 | ||||||||||
Information technology - 0.6% | 1,331,364 | 0.6 | % | |||||||
Real estate - 4.1% | ||||||||||
Prologis, Inc. | 35,422 | 2,326,871 | 1.1 | % |
Financial Industries Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Real estate (continued) | |||||||||||
OTHER SECURITIES | $ | 6,718,126 | 3.0 | % | |||||||
9,044,997 | |||||||||||
TOTAL COMMON STOCKS (Cost $183,980,372) | $ | 215,555,772 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.1% | |||||||||||
Financials - 0.1% | 297,888 | 0.1 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $232,154) | $ | 297,888 | |||||||||
CONVERTIBLE | |||||||||||
BONDS - 0.5% | |||||||||||
Financials - 0.5% | 982,438 | 0.5 | % | ||||||||
TOTAL CONVERTIBLE BONDS (Cost $940,000) | $ | 982,438 | |||||||||
WARRANTS - 0.1% | 209,815 | 0.1 | % | ||||||||
TOTAL WARRANTS | |||||||||||
(Cost $230,622) | $ | 209,815 | |||||||||
SECURITIES LENDING COLLATERAL - 0.3% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (D)(E) | 71,754 | 717,794 | 0.3 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $717,825) | $ | 717,794 | |||||||||
SHORT-TERM INVESTMENTS - 2.0% | |||||||||||
U.S. Government Agency - 2.0% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.600%, | |||||||||||
07/02/2018 * | $ | 3,937,000 | 3,937,000 | 1.8 | % | ||||||
OTHER SECURITIES | 444,000 | 0.2 | % | ||||||||
4,381,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $4,380,806) | $ | 4,381,000 | |||||||||
Total Investments (Financial Industries Trust) | |||||||||||
(Cost $190,481,779) - 100.7% | $ | 222,144,707 | 100.7 | % | |||||||
Other assets and liabilities, net - (0.7)% | (1,499,903 | ) | (0.7 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 220,644,804 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. |
(B) | A portion of this security is on loan as of 6-30-18. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
DERIVATIVES
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
DKK | 1,920,000 | USD | 301,951 | Barclays Bank PLC Wholesale | 9/19/2018 | $ | 839 | — |
The accompanying notes are an integral part of the financial statements. | 23 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Financial Industries Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | ||||||||||||||||
settlement | Unrealized | Unrealized | ||||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | |||||||||||
DKK | 1,060,000 | USD | 166,573 | UBS AG | 9/19/2018 | $ | 593 | — | ||||||||
GBP | 140,000 | USD | 185,730 | Bank of America, N.A. | 9/19/2018 | — | ($328 | ) | ||||||||
GBP | 270,000 | USD | 360,042 | HSBC Bank USA | 9/19/2018 | — | (2,481 | ) | ||||||||
USD | 270,654 | DKK | 1,710,000 | Barclays Bank PLC Wholesale | 9/19/2018 | 981 | — | |||||||||
USD | 4,902,596 | DKK | 31,010,000 | UBS AG | 9/19/2018 | 12,215 | — | |||||||||
USD | 10,501,139 | EUR | 8,890,000 | State Street Bank and Trust Company | 9/19/2018 | 58,812 | — | |||||||||
USD | 2,630,949 | GBP | 1,960,000 | HSBC Bank USA | 9/19/2018 | 35,322 | — | |||||||||
USD | 1,886,173 | JPY | 205,520,000 | Standard Chartered Bank | 9/19/2018 | 19,861 | — | |||||||||
USD | 3,218,599 | NOK | 26,080,000 | Citibank N.A. | 9/19/2018 | 6,512 | — | |||||||||
USD | 2,654,581 | SEK | 23,120,000 | UBS AG | 9/19/2018 | 58,005 | — | |||||||||
$ | 193,140 | ($2,809 | ) |
Derivatives Currency Abbreviations
DKK | Danish Krone |
EUR | Euro |
GBP | Pound Sterling |
JPY | Japanese Yen |
NOK | Norwegian Krone |
SEK | Swedish Krona |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Fundamental All Cap Core Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 97.7% | ||||||||||
Consumer discretionary - 26.2% | ||||||||||
Amazon.com, Inc. (A) | 86,278 | $ | 146,655,346 | 7.8 | % | |||||
CarMax, Inc. (A) | 189,930 | 13,840,199 | 0.7 | % | ||||||
Group 1 Automotive, Inc. | 382,848 | 24,119,424 | 1.3 | % | ||||||
Lennar Corp., A Shares | 1,544,072 | 81,063,780 | 4.3 | % | ||||||
Lennar Corp., B Shares | 14,840 | 633,520 | 0.0 | % | ||||||
Liberty Media Corp.-Liberty | ||||||||||
Formula One, Series C (A) | 1,544,088 | 57,331,987 | 3.0 | % | ||||||
NVR, Inc. (A) | 5,353 | 15,900,284 | 0.9 | % | ||||||
Polaris Industries, Inc. | 878,178 | 107,295,788 | 5.7 | % | ||||||
Tempur Sealy | ||||||||||
International, Inc. (A) | 976,985 | 46,944,129 | 2.5 | % | ||||||
493,784,457 | ||||||||||
Consumer staples - 1.9% | ||||||||||
Anheuser-Busch InBev SA, ADR | 156,924 | 15,811,662 | 0.9 | % | ||||||
Diageo PLC, ADR | 132,892 | 19,137,777 | 1.0 | % | ||||||
34,949,439 | ||||||||||
Energy - 6.1% | ||||||||||
Cheniere Energy, Inc. (A) | 583,115 | 38,013,267 | 2.0 | % | ||||||
Kinder Morgan, Inc. | 100,281 | 1,771,965 | 0.1 | % | ||||||
National Oilwell Varco, Inc. | 723,120 | 31,383,408 | 1.6 | % | ||||||
Schlumberger, Ltd. | 329,778 | 22,105,019 | 1.2 | % | ||||||
Suncor Energy, Inc. | 548,608 | 22,317,373 | 1.2 | % | ||||||
115,591,032 | ||||||||||
Financials - 21.6% | ||||||||||
Affiliated Managers Group, Inc. | 236,498 | 35,160,158 | 1.9 | % | ||||||
American Express Company | 199,799 | 19,580,302 | 1.0 | % | ||||||
Bank of America Corp. | 3,126,421 | 88,133,808 | 4.7 | % | ||||||
Citigroup, Inc. | 1,375,392 | 92,041,233 | 4.9 | % | ||||||
FactSet Research Systems, Inc. | 48,946 | 9,696,203 | 0.5 | % | ||||||
Greenhill & Company, Inc. | 670,286 | 19,036,122 | 1.0 | % | ||||||
Morgan Stanley | 1,254,677 | 59,471,690 | 3.1 | % | ||||||
Synchrony Financial | 272,454 | 9,094,515 | 0.5 | % | ||||||
The Goldman Sachs Group, Inc. | 340,509 | 75,106,070 | 4.0 | % | ||||||
407,320,101 |
Fundamental All Cap Core Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Health care - 4.2% | ||||||||||
Allergan PLC | 154,077 | $ | 25,687,717 | 1.4 | % | |||||
Amgen, Inc. | 286,104 | 52,811,937 | 2.8 | % | ||||||
78,499,654 | ||||||||||
Industrials - 9.5% | ||||||||||
General Electric Company | 5,732,425 | 78,018,304 | 4.1 | % | ||||||
IHS Markit, Ltd. (A) | 741,333 | 38,245,369 | 2.0 | % | ||||||
Regal Beloit Corp. | 193,319 | 15,813,494 | 0.8 | % | ||||||
Sensata Technologies Holding | ||||||||||
PLC (A) | 413,636 | 19,680,801 | 1.1 | % | ||||||
The Manitowoc Company, Inc. (A) | 378,357 | 9,784,312 | 0.5 | % | ||||||
United Rentals, Inc. (A) | 37,984 | 5,607,198 | 0.3 | % | ||||||
Welbilt, Inc. (A) | 404,218 | 9,018,104 | 0.5 | % | ||||||
WESCO International, Inc. (A) | 68,109 | 3,889,024 | 0.2 | % | ||||||
180,056,606 | ||||||||||
Information technology - 24.6% | ||||||||||
Alphabet, Inc., Class A (A) | 70,257 | 79,333,502 | 4.2 | % | ||||||
Apple, Inc. | 747,673 | 138,401,749 | 7.3 | % | ||||||
Cargurus, Inc. (A) | 1,918,818 | 66,659,737 | 3.5 | % | ||||||
Facebook, Inc., Class A (A) | 257,914 | 50,117,848 | 2.7 | % | ||||||
Twitter, Inc. (A) | 1,770,814 | 77,331,447 | 4.1 | % | ||||||
Workday, Inc., Class A (A) | 432,953 | 52,439,267 | 2.8 | % | ||||||
464,283,550 | ||||||||||
Materials - 1.3% | ||||||||||
Louisiana-Pacific Corp. | 898,575 | 24,459,212 | 1.3 | % | ||||||
Real estate - 2.3% | ||||||||||
American Tower Corp. | 233,594 | 33,677,247 | 1.8 | % | ||||||
Five Point Holdings LLC, | ||||||||||
Class A (A) | 845,237 | 9,508,916 | 0.5 | % | ||||||
43,186,163 | ||||||||||
TOTAL COMMON STOCKS | ||||||||||
(Cost $1,370,931,508) | $ | 1,842,130,214 |
The accompanying notes are an integral part of the financial statements. | 24 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Fundamental All Cap Core Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SHORT-TERM INVESTMENTS - 2.1% | |||||||||||
U.S. Government Agency - 2.1% | |||||||||||
Federal Agricultural Mortgage | |||||||||||
Corp. Discount Note, 1.630%, | |||||||||||
07/02/2018 * | $ | 3,974,000 | $ | 3,974,000 | 0.2 | % | |||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.600%, | |||||||||||
07/02/2018 * | 35,240,000 | 35,240,000 | 1.9 | % | |||||||
39,214,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $39,212,265) | $ | 39,214,000 | |||||||||
Total Investments (Fundamental All Cap Core | |||||||||||
Trust) (Cost $1,410,143,773) - 99.8% | $ | 1,881,344,214 | 99.8 | % | |||||||
Other assets and liabilities, net - 0.2% | 3,424,867 | 0.2 | % | ||||||||
TOTAL NET ASSETS - 100.0% | $ | 1,884,769,081 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
* | 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. |
Fundamental Large Cap Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 99.0% | ||||||||||
Consumer discretionary - 8.7% | ||||||||||
Adient PLC | 59,888 | $ | 2,945,891 | 0.4 | % | |||||
AutoZone, Inc. (A) | 12,449 | 8,352,408 | 1.1 | % | ||||||
Group 1 Automotive, Inc. | 121,771 | 7,671,573 | 1.0 | % | ||||||
Lennar Corp., A Shares | 433,916 | 22,780,590 | 3.1 | % | ||||||
Lennar Corp., B Shares | 6,056 | 258,531 | 0.0 | % | ||||||
Tempur Sealy | ||||||||||
International, Inc. (A) | 195,572 | 9,397,235 | 1.3 | % | ||||||
Twenty-First Century Fox, Inc., | ||||||||||
Class A | 262,881 | 13,062,557 | 1.8 | % | ||||||
64,468,785 | ||||||||||
Consumer staples - 3.7% | ||||||||||
Anheuser-Busch InBev SA, ADR | 105,523 | 10,632,497 | 1.5 | % | ||||||
Danone SA | 93,688 | 6,840,393 | 0.9 | % | ||||||
Heineken Holding NV | 98,724 | 9,441,561 | 1.3 | % | ||||||
26,914,451 | ||||||||||
Energy - 11.5% | ||||||||||
Chevron Corp. | 133,542 | 16,883,715 | 2.3 | % | ||||||
Exxon Mobil Corp. | 273,866 | 22,656,934 | 3.0 | % | ||||||
Kinder Morgan, Inc. | 589,164 | 10,410,528 | 1.4 | % | ||||||
National Oilwell Varco, Inc. | 506,559 | 21,984,661 | 3.0 | % | ||||||
Suncor Energy, Inc. | 325,281 | 13,232,431 | 1.8 | % | ||||||
85,168,269 | ||||||||||
Financials - 31.5% | ||||||||||
Affiliated Managers Group, Inc. | 68,883 | 10,240,836 | 1.4 | % | ||||||
American Express Company | 220,264 | 21,585,872 | 2.9 | % | ||||||
Bank of America Corp. | 1,423,193 | 40,119,811 | 5.4 | % | ||||||
CIT Group, Inc. | 288,658 | 14,551,250 | 2.0 | % | ||||||
Citigroup, Inc. | 523,516 | 35,033,691 | 4.7 | % | ||||||
JPMorgan Chase & Co. | 210,717 | 21,956,711 | 3.0 | % | ||||||
Morgan Stanley | 595,250 | 28,214,850 | 3.8 | % | ||||||
Prudential Financial, Inc. | 101,373 | 9,479,389 | 1.3 | % | ||||||
Synchrony Financial | 354,709 | 11,840,186 | 1.6 | % | ||||||
The Goldman Sachs Group, Inc. | 145,652 | 32,126,462 | 4.4 | % | ||||||
Wells Fargo & Company | 137,268 | 7,610,138 | 1.0 | % | ||||||
232,759,196 |
Fundamental Large Cap Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Health care - 11.9% | |||||||||||
Allergan PLC | 110,069 | $ | 18,350,704 | 2.5 | % | ||||||
Amgen, Inc. | 21,292 | 3,930,290 | 0.5 | % | |||||||
Biogen, Inc. (A) | 42,063 | 12,208,365 | 1.7 | % | |||||||
Danaher Corp. | 86,157 | 8,501,973 | 1.1 | % | |||||||
Gilead Sciences, Inc. | 125,865 | 8,916,277 | 1.2 | % | |||||||
Medtronic PLC | 174,106 | 14,905,215 | 2.0 | % | |||||||
Merck & Company, Inc. | 180,138 | 10,934,377 | 1.5 | % | |||||||
Novartis AG, ADR | 64,559 | 4,876,787 | 0.7 | % | |||||||
Patterson Companies, Inc. | 240,509 | 5,452,339 | 0.7 | % | |||||||
88,076,327 | |||||||||||
Industrials - 15.2% | |||||||||||
General Electric Company | 3,272,907 | 44,544,264 | 6.0 | % | |||||||
L3 Technologies, Inc. | 42,192 | 8,114,365 | 1.1 | % | |||||||
Nielsen Holdings PLC | 163,070 | 5,043,755 | 0.7 | % | |||||||
Parker-Hannifin Corp. | 20,667 | 3,220,952 | 0.4 | % | |||||||
The Manitowoc Company, Inc. (A) | 146,546 | 3,789,680 | 0.5 | % | |||||||
Union Pacific Corp. | 153,535 | 21,752,839 | 3.0 | % | |||||||
United Rentals, Inc. (A) | 45,494 | 6,715,824 | 0.9 | % | |||||||
United Technologies Corp. | 154,410 | 19,305,882 | 2.6 | % | |||||||
112,487,561 | |||||||||||
Information technology - 14.3% | |||||||||||
Apple, Inc. | 238,432 | 44,136,148 | 6.0 | % | |||||||
Cisco Systems, Inc. | 216,550 | 9,318,147 | 1.3 | % | |||||||
eBay, Inc. (A) | 506,774 | 18,375,625 | 2.5 | % | |||||||
Microsoft Corp. | 224,398 | 22,127,887 | 3.0 | % | |||||||
Oracle Corp. | 257,525 | 11,346,552 | 1.5 | % | |||||||
105,304,359 | |||||||||||
Materials - 2.2% | |||||||||||
LyondellBasell Industries NV, | |||||||||||
Class A | 146,864 | 16,133,006 | 2.2 | % | |||||||
TOTAL COMMON STOCKS (Cost $636,912,700) | $ | 731,311,954 | |||||||||
SHORT-TERM INVESTMENTS - 1.1% | |||||||||||
U.S. Government Agency - 1.1% | |||||||||||
Federal Agricultural Mortgage | |||||||||||
Corp. Discount Note, 1.630%, | |||||||||||
07/02/2018 * | $ | 818,000 | 818,000 | 0.1 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.600%, | |||||||||||
07/02/2018 * | 7,257,000 | 7,257,000 | 1.0 | % | |||||||
8,075,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $8,074,643) | $ | 8,075,000 | |||||||||
Total Investments (Fundamental Large Cap | |||||||||||
Value Trust) (Cost $644,987,343) - 100.1% | $ | 739,386,954 | 100.1 | % | |||||||
Other assets and liabilities, net - (0.1)% | (509,612 | ) | (0.1 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 738,877,342 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
* | 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. |
The accompanying notes are an integral part of the financial statements. | 25 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 95.8% | |||||||||||
Canada - 2.8% | |||||||||||
Wheaton Precious Metals Corp. | 115,525 | $ | 2,550,135 | 1.1 | % | ||||||
OTHER SECURITIES | 3,766,383 | 1.7 | % | ||||||||
6,316,518 | |||||||||||
China - 4.0% | |||||||||||
Baidu, Inc., ADR (A) | 16,160 | 3,926,880 | 1.8 | % | |||||||
China Life Insurance | |||||||||||
Company, Ltd., H Shares | 979,710 | 2,513,438 | 1.1 | % | |||||||
China Telecom Corp., Ltd., | |||||||||||
ADR (B) | 48,010 | 2,229,104 | 1.0 | % | |||||||
China Telecom Corp., Ltd., | |||||||||||
H Shares | 356,900 | 167,471 | 0.1 | % | |||||||
8,836,893 | |||||||||||
Denmark - 0.9% | 2,120,025 | 0.9 | % | ||||||||
France - 6.3% | |||||||||||
AXA SA | 128,195 | 3,132,292 | 1.4 | % | |||||||
BNP Paribas SA | 43,238 | 2,674,573 | 1.2 | % | |||||||
Sanofi | 35,354 | 2,837,499 | 1.3 | % | |||||||
Veolia Environnement SA | 122,490 | 2,617,495 | 1.2 | % | |||||||
OTHER SECURITIES | 2,878,323 | 1.2 | % | ||||||||
14,140,182 | |||||||||||
Germany - 5.3% | |||||||||||
Bayer AG | 25,220 | 2,769,755 | 1.2 | % | |||||||
Merck KGaA | 29,092 | 2,832,033 | 1.3 | % | |||||||
Siemens AG | 26,789 | 3,529,611 | 1.6 | % | |||||||
OTHER SECURITIES | 2,716,906 | 1.2 | % | ||||||||
11,848,305 | |||||||||||
Hong Kong - 2.7% | |||||||||||
China Mobile, Ltd. | 247,250 | 2,193,836 | 1.0 | % | |||||||
OTHER SECURITIES | 3,911,775 | 1.7 | % | ||||||||
6,105,611 | |||||||||||
India - 1.4% | 3,115,305 | 1.4 | % | ||||||||
Ireland - 2.2% | |||||||||||
Perrigo Company PLC | 32,350 | 2,358,639 | 1.0 | % | |||||||
OTHER SECURITIES | 2,642,231 | 1.2 | % | ||||||||
5,000,870 | |||||||||||
Israel - 2.4% | |||||||||||
Teva Pharmaceutical | |||||||||||
Industries, Ltd., ADR (B) | 219,300 | 5,333,376 | 2.4 | % | |||||||
Italy - 1.9% | |||||||||||
Eni SpA | 224,262 | 4,158,131 | 1.9 | % | |||||||
Japan - 5.1% | |||||||||||
Mitsui Fudosan Company, Ltd. | 91,210 | 2,197,092 | 1.0 | % | |||||||
Panasonic Corp. | 228,570 | 3,082,135 | 1.4 | % | |||||||
OTHER SECURITIES | 5,992,686 | 2.7 | % | ||||||||
11,271,913 | |||||||||||
Luxembourg - 2.2% | |||||||||||
SES SA | 272,710 | 4,985,068 | 2.2 | % | |||||||
Netherlands - 6.2% | |||||||||||
Aegon NV | 484,876 | 2,895,011 | 1.3 | % | |||||||
Akzo Nobel NV | 29,982 | 2,557,236 | 1.1 | % | |||||||
Royal Dutch Shell PLC, B Shares | 159,355 | 5,706,974 | 2.6 | % | |||||||
OTHER SECURITIES | 2,669,063 | 1.2 | % | ||||||||
13,828,284 | |||||||||||
Singapore - 1.6% | |||||||||||
Singapore | |||||||||||
Telecommunications, Ltd. | 1,546,550 | 3,491,796 | 1.6 | % | |||||||
South Korea - 3.0% | |||||||||||
KB Financial Group, Inc., ADR | 58,548 | 2,721,311 | 1.2 | % |
Global Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
South Korea (continued) | |||||||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 94,850 | $ | 3,973,227 | 1.8 | % | ||||||
6,694,538 | |||||||||||
Spain - 0.6% | 1,422,870 | 0.6 | % | ||||||||
Sweden - 1.6% | 3,467,417 | 1.6 | % | ||||||||
Switzerland - 2.8% | |||||||||||
Roche Holding AG | 12,842 | 2,849,103 | 1.3 | % | |||||||
UBS Group AG (A) | 183,290 | 2,809,902 | 1.3 | % | |||||||
OTHER SECURITIES | 564,345 | 0.2 | % | ||||||||
6,223,350 | |||||||||||
Taiwan - 0.4% | 876,700 | 0.4 | % | ||||||||
Thailand - 1.2% | |||||||||||
Bangkok Bank PCL | 311,130 | 1,861,767 | 0.9 | % | |||||||
Bangkok Bank PCL, NVDR | 126,340 | 745,976 | 0.3 | % | |||||||
2,607,743 | |||||||||||
United Kingdom - 9.6% | |||||||||||
BP PLC | 552,738 | 4,205,512 | 1.9 | % | |||||||
HSBC Holdings PLC | 359,799 | 3,366,283 | 1.5 | % | |||||||
Kingfisher PLC | 867,666 | 3,393,099 | 1.5 | % | |||||||
Standard Chartered PLC | 414,528 | 3,765,326 | 1.7 | % | |||||||
Vodafone Group PLC | 998,831 | 2,419,458 | 1.1 | % | |||||||
OTHER SECURITIES | 4,239,152 | 1.9 | % | ||||||||
21,388,830 | |||||||||||
United States - 31.6% | |||||||||||
Advance Auto Parts, Inc. | 27,350 | 3,711,395 | 1.7 | % | |||||||
Allergan PLC | 25,608 | 4,269,366 | 1.9 | % | |||||||
Alphabet, Inc., Class A (A) | 2,680 | 3,026,229 | 1.4 | % | |||||||
AmerisourceBergen Corp. | 28,690 | 2,446,396 | 1.1 | % | |||||||
Apache Corp. | 71,680 | 3,351,040 | 1.5 | % | |||||||
Apple, Inc. | 12,680 | 2,347,195 | 1.1 | % | |||||||
Capital One Financial Corp. | 31,060 | 2,854,414 | 1.3 | % | |||||||
Citigroup, Inc. | 71,170 | 4,762,696 | 2.1 | % | |||||||
Comcast Corp., Class A | 76,850 | 2,521,449 | 1.1 | % | |||||||
Coty, Inc., Class A | 214,750 | 3,027,975 | 1.4 | % | |||||||
Eli Lilly & Company | 30,870 | 2,634,137 | 1.2 | % | |||||||
Gilead Sciences, Inc. | 46,960 | 3,326,646 | 1.5 | % | |||||||
JPMorgan Chase & Co. | 22,070 | 2,299,694 | 1.0 | % | |||||||
Microsoft Corp. | 25,100 | 2,475,111 | 1.1 | % | |||||||
Navistar International Corp. (A) | 74,730 | 3,043,006 | 1.4 | % | |||||||
Oracle Corp. | 91,860 | 4,047,352 | 1.8 | % | |||||||
United Parcel Service, Inc., | |||||||||||
Class B | 21,540 | 2,288,194 | 1.0 | % | |||||||
OTHER SECURITIES | 17,964,712 | 8.0 | % | ||||||||
70,397,007 | |||||||||||
TOTAL COMMON STOCKS (Cost $201,472,744) | $ | 213,630,732 | |||||||||
CORPORATE BONDS - 0.5% | |||||||||||
United States - 0.5% | 1,057,048 | 0.5 | % | ||||||||
TOTAL CORPORATE BONDS (Cost $988,690) | $ | 1,057,048 | |||||||||
SECURITIES LENDING COLLATERAL - 2.6% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 587,336 | 5,875,529 | 2.6 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $5,875,754) | $ | 5,875,529 |
The accompanying notes are an integral part of the financial statements. | 26 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SHORT-TERM INVESTMENTS - 2.7% | |||||||||||
U.S. Government Agency - 2.7% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.630%, | |||||||||||
07/02/2018 * | $ | 5,900,000 | $ | 5,900,000 | 2.7 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $5,899,737) | $ | 5,900,000 | |||||||||
Total Investments (Global Trust) | |||||||||||
(Cost $214,236,925) - 101.6% | $ | 226,463,309 | 101.6 | % | |||||||
Other assets and liabilities, net - (1.6)% | (3,523,207 | ) | (1.6 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 222,940,102 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
NVDR | Non-Voting Depositary Receipt | |
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | 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. |
Health Sciences Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 98.4% | |||||||||||
Consumer discretionary - 0.1% | $ | 227,629 | 0.1 | % | |||||||
Financials - 0.0% | 154,400 | 0.0 | % | ||||||||
Health care - 98.3% | |||||||||||
AbbVie, Inc. | 22,088 | 2,046,453 | 0.7 | % | |||||||
Aetna, Inc. | 9,833 | 1,804,356 | 0.6 | % | |||||||
Agilent Technologies, Inc. | 93,512 | 5,782,782 | 1.9 | % | |||||||
Alexion Pharmaceuticals, Inc. (A) | 58,759 | 7,294,930 | 2.4 | % | |||||||
Align Technology, Inc. (A) | 8,601 | 2,942,746 | 1.0 | % | |||||||
Allergan PLC | 20,125 | 3,355,240 | 1.1 | % | |||||||
Alnylam Pharmaceuticals, Inc. (A) | 20,985 | 2,066,813 | 0.7 | % | |||||||
Amgen, Inc. | 16,600 | 3,064,194 | 1.0 | % | |||||||
Anthem, Inc. | 34,400 | 8,188,232 | 2.7 | % | |||||||
AstraZeneca PLC, ADR | 101,200 | 3,553,132 | 1.2 | % | |||||||
athenahealth, Inc. (A) | 12,712 | 2,022,988 | 0.7 | % | |||||||
Becton, Dickinson and Company | 59,356 | 14,219,323 | 4.8 | % | |||||||
BeiGene, Ltd., ADR (A) | 11,982 | 1,841,993 | 0.6 | % | |||||||
Biogen, Inc. (A) | 13,529 | 3,926,657 | 1.3 | % | |||||||
BioMarin Pharmaceutical, Inc. (A) | 35,493 | 3,343,441 | 1.1 | % | |||||||
Bluebird Bio, Inc. (A) | 22,469 | 3,526,510 | 1.2 | % | |||||||
Bristol-Myers Squibb Company | 51,344 | 2,841,377 | 1.0 | % | |||||||
Centene Corp. (A) | 49,259 | 6,069,201 | 2.0 | % | |||||||
Cigna Corp. | 37,360 | 6,349,332 | 2.1 | % | |||||||
Danaher Corp. | 43,700 | 4,312,316 | 1.4 | % | |||||||
Gilead Sciences, Inc. | 46,267 | 3,277,554 | 1.1 | % | |||||||
HCA Healthcare, Inc. | 41,407 | 4,248,358 | 1.4 | % | |||||||
Hologic, Inc. (A) | 96,600 | 3,839,850 | 1.3 | % | |||||||
Humana, Inc. | 16,046 | 4,775,771 | 1.6 | % | |||||||
Illumina, Inc. (A) | 7,126 | 1,990,221 | 0.7 | % | |||||||
Immunomedics, Inc. (A) | 94,669 | 2,240,815 | 0.8 | % | |||||||
Incyte Corp. (A) | 59,300 | 3,973,100 | 1.3 | % | |||||||
Insmed, Inc. (A) | 88,251 | 2,087,136 | 0.7 | % | |||||||
Intuitive Surgical, Inc. (A) | 29,226 | 13,984,056 | 4.7 | % | |||||||
Ironwood | |||||||||||
Pharmaceuticals, Inc. (A) | 68,570 | 1,311,058 | 0.4 | % | |||||||
Loxo Oncology, Inc. (A) | 16,240 | 2,817,315 | 0.9 | % |
Health Sciences Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Health care (continued) | |||||||||||
Merck & Company, Inc. | 80,429 | $ | 4,882,040 | 1.6 | % | ||||||
Molina Healthcare, Inc. (A) | 19,109 | 1,871,535 | 0.6 | % | |||||||
Neurocrine Biosciences, Inc. (A) | 57,182 | 5,617,560 | 1.9 | % | |||||||
Pfizer, Inc. | 51,611 | 1,872,447 | 0.6 | % | |||||||
Regeneron | |||||||||||
Pharmaceuticals, Inc. (A) | 10,800 | 3,725,892 | 1.2 | % | |||||||
Sage Therapeutics, Inc. (A) | 44,900 | 7,028,197 | 2.4 | % | |||||||
Sarepta Therapeutics, Inc. (A) | 39,200 | 5,181,456 | 1.7 | % | |||||||
Seattle Genetics, Inc. (A) | 35,677 | 2,368,596 | 0.8 | % | |||||||
Shire PLC, ADR | 12,480 | 2,106,624 | 0.7 | % | |||||||
Spark Therapeutics, Inc. (A) | 25,483 | 2,108,973 | 0.7 | % | |||||||
Stryker Corp. | 43,341 | 7,318,561 | 2.4 | % | |||||||
Teleflex, Inc. | 9,235 | 2,476,919 | 0.8 | % | |||||||
The Cooper Companies, Inc. | 11,335 | 2,668,826 | 0.9 | % | |||||||
Thermo Fisher Scientific, Inc. | 32,000 | 6,628,480 | 2.2 | % | |||||||
Ultragenyx | |||||||||||
Pharmaceutical, Inc. (A) | 24,668 | 1,896,229 | 0.6 | % | |||||||
UnitedHealth Group, Inc. | 87,940 | 21,575,200 | 7.2 | % | |||||||
Vertex Pharmaceuticals, Inc. (A) | 60,966 | 10,361,781 | 3.5 | % | |||||||
WellCare Health Plans, Inc. (A) | 9,600 | 2,363,904 | 0.8 | % | |||||||
West Pharmaceutical Services, Inc. | 21,510 | 2,135,728 | 0.7 | % | |||||||
OTHER SECURITIES | 66,478,273 | 22.6 | % | ||||||||
293,764,471 | |||||||||||
TOTAL COMMON STOCKS (Cost $223,272,505) | $ | 294,146,500 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.6% | |||||||||||
Consumer discretionary - 0.2% | 508,295 | 0.2 | % | ||||||||
Health care - 0.4% | |||||||||||
Becton, Dickinson and Company, | |||||||||||
6.125% | 9,988 | 617,758 | 0.2 | % | |||||||
OTHER SECURITIES | 447,060 | 0.2 | % | ||||||||
1,064,818 | |||||||||||
Information technology - 0.0% | 152,049 | 0.0 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $1,474,948) | $ | 1,725,162 | |||||||||
CONVERTIBLE | |||||||||||
BONDS - 0.1% | |||||||||||
Health care - 0.1% | |||||||||||
Ironwood Pharmaceuticals, Inc. | |||||||||||
2.250%, 06/15/2022 | $ | 348,000 | 461,495 | 0.1 | % | ||||||
TOTAL CONVERTIBLE BONDS (Cost $348,000) | $ | 461,495 | |||||||||
RIGHTS - 0.0% | 4,585 | 0.0 | % | ||||||||
TOTAL RIGHTS (Cost $8,750) | $ | 4,585 | |||||||||
SHORT-TERM INVESTMENTS - 0.8% | |||||||||||
Money market funds - 0.8% | 2,354,319 | 0.8 | % | ||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $2,354,319) | $ | 2,354,319 | |||||||||
Total Investments (Health Sciences Trust) | |||||||||||
(Cost $227,458,522) - 99.9% | $ | 298,692,061 | 99.9 | % | |||||||
Other assets and liabilities, net - 0.1% | 297,155 | 0.1 | % | ||||||||
TOTAL NET ASSETS - 100.0% | $ | 298,989,216 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
(A) | Non-income producing security. |
The accompanying notes are an integral part of the financial statements. | 27 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Equity Index Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 95.7% | |||||||||||
Australia - 4.8% | |||||||||||
BHP Billiton, Ltd. | 114,915 | $ | 2,875,406 | 0.4 | % | ||||||
Commonwealth Bank of | |||||||||||
Australia (A) | 62,931 | 3,394,031 | 0.5 | % | |||||||
CSL, Ltd. | 16,228 | 2,309,945 | 0.3 | % | |||||||
Westpac Banking Corp. (A) | 121,874 | 2,646,734 | 0.4 | % | |||||||
OTHER SECURITIES | 25,457,304 | 3.2 | % | ||||||||
36,683,420 | |||||||||||
Austria - 0.2% | 1,269,643 | 0.2 | % | ||||||||
Belgium - 0.7% | |||||||||||
Anheuser-Busch InBev SA | 27,018 | 2,725,173 | 0.4 | % | |||||||
OTHER SECURITIES | 2,836,321 | 0.3 | % | ||||||||
5,561,494 | |||||||||||
Brazil - 0.9% | 6,954,124 | 0.9 | % | ||||||||
Canada - 6.6% | |||||||||||
Manulife Financial Corp. (B) | 71,400 | 1,282,827 | 0.2 | % | |||||||
Royal Bank of Canada | 52,000 | 3,915,476 | 0.5 | % | |||||||
Suncor Energy, Inc. | 59,335 | 2,414,652 | 0.3 | % | |||||||
The Bank of Nova Scotia (A) | 42,900 | 2,429,145 | 0.3 | % | |||||||
The Toronto-Dominion Bank | 66,000 | 3,819,983 | 0.5 | % | |||||||
OTHER SECURITIES | 36,976,985 | 4.8 | % | ||||||||
50,839,068 | |||||||||||
Chile - 0.2% | 1,801,347 | 0.2 | % | ||||||||
China - 6.8% | |||||||||||
Alibaba Group Holding, Ltd., | |||||||||||
ADR (C) | 41,200 | 7,643,836 | 1.0 | % | |||||||
Baidu, Inc., ADR (C) | 9,900 | 2,405,700 | 0.3 | % | |||||||
China Construction Bank Corp., | |||||||||||
H Shares | 3,421,914 | 3,131,193 | 0.4 | % | |||||||
Tencent Holdings, Ltd. | 203,300 | 10,208,791 | 1.3 | % | |||||||
OTHER SECURITIES | 28,784,726 | 3.8 | % | ||||||||
52,174,246 | |||||||||||
Colombia - 0.1% | 906,901 | 0.1 | % | ||||||||
Czech Republic - 0.1% | 381,743 | 0.1 | % | ||||||||
Denmark - 1.1% | |||||||||||
Novo Nordisk A/S, B Shares | 62,846 | 2,902,892 | 0.4 | % | |||||||
OTHER SECURITIES | 5,687,773 | 0.7 | % | ||||||||
8,590,665 | |||||||||||
Egypt - 0.0% | 199,094 | 0.0 | % | ||||||||
Finland - 0.7% | 5,398,741 | 0.7 | % | ||||||||
France - 7.2% | |||||||||||
Airbus SE | 21,060 | 2,457,596 | 0.3 | % | |||||||
BNP Paribas SA | 40,670 | 2,515,725 | 0.3 | % | |||||||
L’Oreal SA | 9,054 | 2,232,056 | 0.3 | % | |||||||
LVMH Moet Hennessy Louis | |||||||||||
Vuitton SE | 10,014 | 3,324,842 | 0.4 | % | |||||||
Sanofi | 41,125 | 3,300,677 | 0.4 | % | |||||||
TOTAL SA (A) | 88,179 | 5,354,744 | 0.7 | % | |||||||
OTHER SECURITIES | 36,528,103 | 4.8 | % | ||||||||
55,713,743 | |||||||||||
Germany - 6.0% | |||||||||||
Allianz SE | 16,060 | 3,309,243 | 0.4 | % | |||||||
BASF SE | 33,222 | 3,171,660 | 0.4 | % | |||||||
Bayer AG | 32,511 | 3,570,480 | 0.5 | % | |||||||
SAP SE | 35,530 | 4,100,799 | 0.5 | % | |||||||
Siemens AG | 27,664 | 3,644,898 | 0.5 | % | |||||||
OTHER SECURITIES | 28,724,160 | 3.7 | % | ||||||||
46,521,240 | |||||||||||
Greece - 0.1% | 643,559 | 0.1 | % | ||||||||
Hong Kong - 3.3% | |||||||||||
AIA Group, Ltd. | 427,600 | 3,724,999 | 0.5 | % |
International Equity Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Hong Kong (continued) | |||||||||||
OTHER SECURITIES | $ | 21,724,085 | 2.8 | % | |||||||
25,449,084 | |||||||||||
Hungary - 0.1% | 532,713 | 0.1 | % | ||||||||
India - 2.1% | 15,877,429 | 2.1 | % | ||||||||
Indonesia - 0.5% | 3,785,824 | 0.5 | % | ||||||||
Ireland - 0.7% | 5,563,372 | 0.7 | % | ||||||||
Isle of Man - 0.0% | 290,899 | 0.0 | % | ||||||||
Israel - 0.3% | 2,582,023 | 0.3 | % | ||||||||
Italy - 1.4% | 10,400,907 | 1.4 | % | ||||||||
Japan - 16.0% | |||||||||||
Mitsubishi UFJ Financial | |||||||||||
Group, Inc. | 427,000 | 2,418,906 | 0.3 | % | |||||||
Sony Corp. | 45,400 | 2,325,132 | 0.3 | % | |||||||
Toyota Motor Corp. | 81,280 | 5,256,295 | 0.7 | % | |||||||
OTHER SECURITIES | 113,504,536 | 14.7 | % | ||||||||
123,504,869 | |||||||||||
Jersey, Channel Islands - 0.0% | 259,457 | 0.0 | % | ||||||||
Luxembourg - 0.2% | 1,823,157 | 0.2 | % | ||||||||
Macau - 0.1% | 757,542 | 0.1 | % | ||||||||
Malaysia - 0.6% | 4,499,244 | 0.6 | % | ||||||||
Mexico - 0.7% | 5,388,872 | 0.7 | % | ||||||||
Netherlands - 3.3% | |||||||||||
ASML Holding NV | 14,584 | 2,885,956 | 0.4 | % | |||||||
Royal Dutch Shell PLC, A Shares | 164,049 | 5,677,555 | 0.7 | % | |||||||
Royal Dutch Shell PLC, B Shares | 133,535 | 4,782,284 | 0.6 | % | |||||||
OTHER SECURITIES | 11,801,999 | 1.6 | % | ||||||||
25,147,794 | |||||||||||
New Zealand - 0.1% | 1,055,603 | 0.1 | % | ||||||||
Norway - 0.5% | 3,709,090 | 0.5 | % | ||||||||
Peru - 0.1% | 792,558 | 0.1 | % | ||||||||
Philippines - 0.2% | 1,774,950 | 0.2 | % | ||||||||
Poland - 0.3% | 2,102,995 | 0.3 | % | ||||||||
Portugal - 0.1% | 796,252 | 0.1 | % | ||||||||
Romania - 0.0% | 114,630 | 0.0 | % | ||||||||
Russia - 0.8% | 6,282,690 | 0.8 | % | ||||||||
Singapore - 0.9% | 6,673,457 | 0.9 | % | ||||||||
South Africa - 1.6% | |||||||||||
Naspers, Ltd., N Shares | 15,506 | 3,909,742 | 0.5 | % | |||||||
OTHER SECURITIES | 8,085,494 | 1.1 | % | ||||||||
11,995,236 | |||||||||||
South Korea - 3.3% | |||||||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 171,900 | 7,200,819 | 1.0 | % | |||||||
OTHER SECURITIES | 18,438,518 | 2.3 | % | ||||||||
25,639,337 | |||||||||||
Spain - 2.0% | |||||||||||
Banco Santander SA | 571,804 | 3,055,992 | 0.4 | % | |||||||
OTHER SECURITIES | 12,378,099 | 1.6 | % | ||||||||
15,434,091 | |||||||||||
Sweden - 1.7% | 13,224,722 | 1.7 | % | ||||||||
Switzerland - 5.7% | |||||||||||
Nestle SA | 112,168 | 8,693,115 | 1.1 | % | |||||||
Novartis AG | 80,233 | 6,077,725 | 0.8 | % | |||||||
Roche Holding AG | 25,351 | 5,624,327 | 0.7 | % | |||||||
OTHER SECURITIES | 23,417,432 | 3.1 | % | ||||||||
43,812,599 |
The accompanying notes are an integral part of the financial statements. | 28 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Equity Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Taiwan - 2.5% | |||||||||||
Taiwan Semiconductor | |||||||||||
Manufacturing Company, Ltd. | 870,227 | $ | 6,179,551 | 0.8 | % | ||||||
OTHER SECURITIES | 12,998,365 | 1.7 | % | ||||||||
19,177,916 | |||||||||||
Thailand - 0.5% | 3,802,585 | 0.5 | % | ||||||||
Turkey - 0.2% | 1,464,064 | 0.2 | % | ||||||||
United Arab Emirates - 0.0% | 174,151 | 0.0 | % | ||||||||
United Kingdom - 10.3% | |||||||||||
AstraZeneca PLC | 45,458 | 3,144,199 | 0.4 | % | |||||||
BP PLC | 714,394 | 5,435,473 | 0.7 | % | |||||||
British American Tobacco PLC | 81,773 | 4,119,179 | 0.5 | % | |||||||
Diageo PLC | 87,710 | 3,151,057 | 0.4 | % | |||||||
GlaxoSmithKline PLC | 177,881 | 3,586,245 | 0.5 | % | |||||||
HSBC Holdings PLC | 713,439 | 6,666,618 | 0.9 | % | |||||||
Rio Tinto PLC | 42,842 | 2,361,385 | 0.3 | % | |||||||
Unilever NV | 54,909 | 3,059,368 | 0.4 | % | |||||||
Unilever PLC | 43,915 | 2,425,882 | 0.3 | % | |||||||
Vodafone Group PLC | 958,892 | 2,322,714 | 0.3 | % | |||||||
OTHER SECURITIES | 43,458,183 | 5.6 | % | ||||||||
79,730,303 | |||||||||||
United States - 0.1% | 811,230 | 0.1 | % | ||||||||
TOTAL COMMON STOCKS (Cost $563,788,948) | $ | 738,070,673 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 1.1% | |||||||||||
Brazil - 0.5% | 3,558,314 | 0.5 | % | ||||||||
Germany - 0.4% | 2,859,426 | 0.4 | % | ||||||||
Italy - 0.0% | 281,662 | 0.0 | % | ||||||||
South Korea - 0.2% | |||||||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 30,800 | 1,040,082 | 0.2 | % | |||||||
OTHER SECURITIES | 293,782 | 0.0 | % | ||||||||
1,333,864 | |||||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $7,529,513) | $ | 8,033,266 | |||||||||
RIGHTS - 0.0% | 34,776 | 0.0 | % | ||||||||
TOTAL RIGHTS (Cost $35,133) | $ | 34,776 |
International Equity Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SECURITIES LENDING COLLATERAL - 3.0% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (D)(E) | 2,291,097 | $ | 22,919,447 | 3.0 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $22,920,624) | $ | 22,919,447 | |||||||||
SHORT-TERM INVESTMENTS - 1.4% | |||||||||||
Money market funds - 1.4% | |||||||||||
Fidelity Institutional Money | |||||||||||
Market Government Portfolio, | |||||||||||
Institutional Class, 1.7571% (D) | 11,076,013 | 11,076,013 | 1.4 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $11,076,013) | $ | 11,076,013 | |||||||||
Total Investments (International Equity Index | |||||||||||
Trust) | |||||||||||
(Cost $605,350,231) - 101.2% | $ | 780,134,175 | 101.2 | % | |||||||
Other assets and liabilities, net - (1.2)% | (9,171,585 | ) | (1.2 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 770,962,590 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
(A) | A portion of this security is on loan as of 6-30-18. | |
(B) | The investment is an affiliate of the fund, the advisor and/or the subadvisor. | |
(C) | Non-income producing security. | |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
Mini MSCI EAFE Index Futures | 150 | Long | Sep 2018 | $15,105,648 | $14,665,500 | $(440,148 | ) | ||||||
Mini MSCI Emerging Markets Index Futures | 142 | Long | Sep 2018 | 8,115,808 | 7,549,430 | (566,378 | ) | ||||||
MSCI Taiwan Index Futures | 57 | Long | Jul 2018 | 2,209,776 | 2,209,890 | 114 | |||||||
$(1,006,412 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
The accompanying notes are an integral part of the financial statements. | 29 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Growth Stock Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 96.7% | |||||||||||
Australia - 4.6% | |||||||||||
Amcor, Ltd. | 875,402 | $ | 9,327,136 | 2.6 | % | ||||||
CSL, Ltd. | 27,990 | 3,984,185 | 1.1 | % | |||||||
OTHER SECURITIES | 3,415,955 | 0.9 | % | ||||||||
16,727,276 | |||||||||||
Brazil - 3.3% | |||||||||||
B3 SA - Brasil Bolsa Balcao | 1,015,234 | 5,356,779 | 1.5 | % | |||||||
Banco Bradesco SA, ADR | 629,222 | 4,316,463 | 1.2 | % | |||||||
OTHER SECURITIES | 2,334,657 | 0.6 | % | ||||||||
12,007,899 | |||||||||||
Canada - 9.7% | |||||||||||
Canadian National | |||||||||||
Railway Company | 58,783 | 4,808,075 | 1.3 | % | |||||||
CGI Group, Inc., Class A (A) | 196,612 | 12,459,397 | 3.4 | % | |||||||
PrairieSky Royalty, Ltd. | 252,404 | 4,982,226 | 1.4 | % | |||||||
Suncor Energy, Inc. | 135,542 | 5,515,915 | 1.5 | % | |||||||
OTHER SECURITIES | 7,565,761 | 2.1 | % | ||||||||
35,331,374 | |||||||||||
China - 5.0% | |||||||||||
Baidu, Inc., ADR (A) | 19,187 | 4,662,436 | 1.3 | % | |||||||
Henan Shuanghui Investment & | |||||||||||
Development Company Ltd., | |||||||||||
Class A | 1,251,594 | 4,976,591 | 1.4 | % | |||||||
Kweichow Moutai Company, Ltd., | |||||||||||
Class A | 47,770 | 5,261,087 | 1.4 | % | |||||||
OTHER SECURITIES | 3,466,374 | 0.9 | % | ||||||||
18,366,488 | |||||||||||
Denmark - 1.7% | |||||||||||
Carlsberg A/S, Class B | 51,525 | 6,062,355 | 1.7 | % | |||||||
France - 7.6% | |||||||||||
Essilor International Cie Generale | |||||||||||
d’Optique SA | 29,462 | 4,154,036 | 1.1 | % | |||||||
Pernod Ricard SA | 38,376 | 6,263,156 | 1.7 | % | |||||||
Schneider Electric SE | 95,893 | 7,975,119 | 2.2 | % | |||||||
Vinci SA | 55,270 | 5,305,438 | 1.5 | % | |||||||
Vivendi SA | 167,191 | 4,089,983 | 1.1 | % | |||||||
27,787,732 | |||||||||||
Germany - 9.5% | |||||||||||
Allianz SE | 35,208 | 7,254,783 | 2.0 | % | |||||||
Deutsche Boerse AG | 81,120 | 10,785,254 | 2.9 | % | |||||||
Deutsche Post AG | 120,415 | 3,912,332 | 1.1 | % | |||||||
SAP SE | 87,493 | 10,098,261 | 2.8 | % | |||||||
OTHER SECURITIES | 2,707,260 | 0.7 | % | ||||||||
34,757,890 | |||||||||||
Hong Kong - 3.4% | |||||||||||
CK Hutchison Holdings, Ltd. | 648,468 | 6,864,697 | 1.9 | % | |||||||
Galaxy Entertainment Group, Ltd. | 722,000 | 5,565,503 | 1.5 | % | |||||||
12,430,200 | |||||||||||
Italy - 2.5% | |||||||||||
Intesa Sanpaolo SpA | 1,666,697 | 4,822,212 | 1.3 | % | |||||||
Mediobanca Banca di Credito | |||||||||||
Finanziario SpA | 447,702 | 4,141,262 | 1.2 | % | |||||||
8,963,474 | |||||||||||
Japan - 6.9% | |||||||||||
Asahi Group Holdings, Ltd. | 112,100 | 5,749,352 | 1.6 | % | |||||||
FANUC Corp. | 22,400 | 4,439,945 | 1.2 | % | |||||||
Hoya Corp. | 95,000 | 5,389,254 | 1.5 | % | |||||||
Kao Corp. | 56,700 | 4,321,764 | 1.2 | % | |||||||
OTHER SECURITIES | 5,310,099 | 1.4 | % | ||||||||
25,210,414 |
International Growth Stock Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Mexico - 2.4% | |||||||||||
Fomento Economico Mexicano | |||||||||||
SAB de CV, ADR | 98,150 | $ | 8,616,589 | 2.4 | % | ||||||
Netherlands - 4.3% | |||||||||||
ING Groep NV | 310,940 | 4,463,401 | 1.2 | % | |||||||
Royal Dutch Shell PLC, B Shares | 115,278 | 4,128,447 | 1.2 | % | |||||||
Wolters Kluwer NV | 124,242 | 6,979,518 | 1.9 | % | |||||||
15,571,366 | |||||||||||
Singapore - 1.7% | |||||||||||
United Overseas Bank, Ltd. | 321,400 | 6,299,033 | 1.7 | % | |||||||
South Korea - 3.7% | |||||||||||
NAVER Corp. | 13,001 | 8,896,646 | 2.5 | % | |||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 107,889 | 4,519,425 | 1.2 | % | |||||||
13,416,071 | |||||||||||
Spain - 1.5% | |||||||||||
Amadeus IT Group SA | 67,100 | 5,276,244 | 1.5 | % | |||||||
Sweden - 2.6% | |||||||||||
Investor AB, B Shares | 232,293 | 9,409,404 | 2.6 | % | |||||||
Switzerland - 7.0% | |||||||||||
Cie Financiere Richemont SA | 68,052 | 5,752,740 | 1.6 | % | |||||||
Julius Baer Group, Ltd. (A) | 101,991 | 5,973,763 | 1.6 | % | |||||||
Kuehne + Nagel International AG | 25,636 | 3,848,515 | 1.1 | % | |||||||
Novartis AG | 87,115 | 6,599,043 | 1.8 | % | |||||||
OTHER SECURITIES | 3,306,468 | 0.9 | % | ||||||||
25,480,529 | |||||||||||
Taiwan - 2.3% | |||||||||||
Taiwan Semiconductor | |||||||||||
Manufacturing Company, Ltd. | 1,155,000 | 8,201,747 | 2.3 | % | |||||||
Thailand - 0.8% | 3,058,194 | 0.8 | % | ||||||||
Turkey - 0.9% | 3,262,409 | 0.9 | % | ||||||||
United Kingdom - 11.3% | |||||||||||
British American Tobacco PLC | 116,321 | 5,859,477 | 1.6 | % | |||||||
Compass Group PLC | 322,142 | 6,866,653 | 1.9 | % | |||||||
Informa PLC | 508,120 | 5,585,291 | 1.5 | % | |||||||
Lloyds Banking Group PLC | 6,136,758 | 5,091,774 | 1.4 | % | |||||||
Reckitt Benckiser Group PLC | 72,590 | 5,964,339 | 1.6 | % | |||||||
RELX PLC | 377,461 | 8,060,660 | 2.2 | % | |||||||
Unilever NV | 70,198 | 3,911,225 | 1.1 | % | |||||||
41,339,419 | |||||||||||
United States - 4.0% | |||||||||||
Broadcom, Inc. | 43,199 | 10,481,805 | 2.9 | % | |||||||
Philip Morris International, Inc. | 50,809 | 4,102,319 | 1.1 | % | |||||||
14,584,124 | |||||||||||
TOTAL COMMON STOCKS (Cost $309,222,221) | $ | 352,160,231 | |||||||||
SHORT-TERM INVESTMENTS - 3.4% | |||||||||||
Money market funds - 3.4% | |||||||||||
JPMorgan U.S. Treasury Plus | |||||||||||
Money Market Fund, | |||||||||||
Institutional Class, 1.7300% (B) | 12,472,631 | 12,472,631 | 3.4 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $12,472,631) | $ | 12,472,631 | |||||||||
Total Investments (International Growth Stock Trust) | |||||||||||
(Cost $321,694,852) - 100.1% | $ | 364,632,862 | 100.1 | % | |||||||
Other assets and liabilities, net - (0.1)% | (276,430 | ) | (0.1 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 364,356,432 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
The accompanying notes are an integral part of the financial statements. | 30 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Growth Stock Trust (continued)
(A) | Non-income producing security. | |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
International Small Company Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 98.6% | |||||||||||
Australia - 6.7% | $ | 9,274,598 | 6.7 | % | |||||||
Austria - 1.4% | 1,994,907 | 1.4 | % | ||||||||
Belgium - 1.5% | |||||||||||
Ackermans & van Haaren NV | 1,580 | 271,645 | 0.2 | % | |||||||
Galapagos NV (A) | 2,610 | 240,375 | 0.2 | % | |||||||
OTHER SECURITIES | 1,524,908 | 1.1 | % | ||||||||
2,036,928 | |||||||||||
Bermuda - 0.2% | |||||||||||
Hiscox, Ltd. | 14,061 | 282,190 | 0.2 | % | |||||||
Canada - 8.7% | |||||||||||
Pan American Silver Corp. | 15,300 | 273,844 | 0.2 | % | |||||||
OTHER SECURITIES | 11,772,944 | 8.5 | % | ||||||||
12,046,788 | |||||||||||
China - 0.1% | 150,954 | 0.1 | % | ||||||||
Denmark - 2.2% | |||||||||||
Ambu A/S, Series B | 8,117 | 273,052 | 0.2 | % | |||||||
GN Store Nord A/S | 8,454 | 384,118 | 0.3 | % | |||||||
Royal Unibrew A/S | 3,087 | 245,318 | 0.2 | % | |||||||
OTHER SECURITIES | 2,200,375 | 1.5 | % | ||||||||
3,102,863 | |||||||||||
Finland - 2.7% | |||||||||||
Amer Sports OYJ (A) | 9,154 | 287,840 | 0.2 | % | |||||||
Elisa OYJ | 6,053 | 279,633 | 0.2 | % | |||||||
Kesko OYJ, A Shares | 690 | 39,205 | 0.0 | % | |||||||
Kesko OYJ, B Shares | 4,517 | 275,894 | 0.2 | % | |||||||
Nokian Renkaat OYJ | 7,620 | 300,060 | 0.2 | % | |||||||
OTHER SECURITIES | 2,521,346 | 1.9 | % | ||||||||
3,703,978 | |||||||||||
France - 4.1% | |||||||||||
Edenred (B) | 10,864 | 343,158 | 0.3 | % | |||||||
Ingenico Group SA | 2,533 | 227,120 | 0.2 | % | |||||||
Rubis SCA | 4,886 | 304,557 | 0.2 | % | |||||||
OTHER SECURITIES | 4,850,967 | 3.4 | % | ||||||||
5,725,802 | |||||||||||
Gabon - 0.0% | 3,554 | 0.0 | % | ||||||||
Georgia - 0.0% | 61,781 | 0.0 | % | ||||||||
Germany - 5.7% | |||||||||||
HUGO BOSS AG | 3,048 | 276,420 | 0.2 | % | |||||||
K+S AG | 12,004 | 295,288 | 0.2 | % | |||||||
LANXESS AG | 3,362 | 261,382 | 0.2 | % | |||||||
LEG Immobilien AG | 3,075 | 334,049 | 0.3 | % | |||||||
Rheinmetall AG | 2,634 | 289,799 | 0.2 | % | |||||||
OTHER SECURITIES | 6,425,486 | 4.6 | % | ||||||||
7,882,424 | |||||||||||
Gibraltar - 0.0% | 43,509 | 0.0 | % | ||||||||
Greece - 0.0% | 158 | 0.0 | % | ||||||||
Guernsey, Channel | |||||||||||
Islands - 0.0% | 3,567 | 0.0 | % | ||||||||
Hong Kong - 2.8% | 3,913,229 | 2.8 | % | ||||||||
India - 0.0% | 43,974 | 0.0 | % | ||||||||
Ireland - 0.7% | 946,906 | 0.7 | % | ||||||||
Isle of Man - 0.1% | 126,237 | 0.1 | % | ||||||||
Israel - 0.7% | 927,027 | 0.7 | % | ||||||||
Italy - 4.3% | |||||||||||
Moncler SpA | 4,941 | 224,198 | 0.2 | % |
International Small Company Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Italy (continued) | |||||||||||
Unione di Banche Italiane | |||||||||||
SpA (B) | 63,162 | $ | 241,930 | 0.2 | % | ||||||
OTHER SECURITIES | 5,423,833 | 3.9 | % | ||||||||
5,889,961 | |||||||||||
Japan - 24.2% | 33,464,958 | 24.2 | % | ||||||||
Jersey, Channel Islands - 0.2% | 278,845 | 0.2 | % | ||||||||
Jordan - 0.0% | 27,989 | 0.0 | % | ||||||||
Liechtenstein - 0.1% | 80,605 | 0.1 | % | ||||||||
Luxembourg - 0.3% | 423,660 | 0.3 | % | ||||||||
Macau - 0.0% | 21,190 | 0.0 | % | ||||||||
Malaysia - 0.0% | 28,746 | 0.0 | % | ||||||||
Malta - 0.1% | 81,581 | 0.1 | % | ||||||||
Monaco - 0.1% | 73,676 | 0.1 | % | ||||||||
Mongolia - 0.0% | 5,664 | 0.0 | % | ||||||||
Netherlands - 2.6% | |||||||||||
Aalberts Industries NV | 6,065 | 289,728 | 0.2 | % | |||||||
OTHER SECURITIES | 3,253,611 | 2.4 | % | ||||||||
3,543,339 | |||||||||||
New Zealand - 0.7% | 920,068 | 0.7 | % | ||||||||
Norway - 0.8% | 1,125,143 | 0.8 | % | ||||||||
Peru - 0.0% | 41,495 | 0.0 | % | ||||||||
Portugal - 0.5% | |||||||||||
Banco Comercial Portugues | |||||||||||
SA (A)(B) | 763,825 | 228,408 | 0.2 | % | |||||||
OTHER SECURITIES | 469,051 | 0.3 | % | ||||||||
697,459 | |||||||||||
Russia - 0.0% | 22,493 | 0.0 | % | ||||||||
Singapore - 1.0% | 1,398,211 | 1.0 | % | ||||||||
South Africa - 0.1% | 67,353 | 0.1 | % | ||||||||
Spain - 2.6% | |||||||||||
Enagas SA | 10,746 | 313,421 | 0.2 | % | |||||||
OTHER SECURITIES | 3,323,533 | 2.4 | % | ||||||||
3,636,954 | |||||||||||
Sweden - 2.6% | 3,559,938 | 2.6 | % | ||||||||
Switzerland - 4.7% | |||||||||||
Georg Fischer AG | 261 | 333,293 | 0.3 | % | |||||||
Helvetia Holding AG | 463 | 264,136 | 0.2 | % | |||||||
OTHER SECURITIES | 5,847,362 | 4.2 | % | ||||||||
6,444,791 | |||||||||||
Taiwan - 0.0% | 0 | 0.0 | % | ||||||||
United Arab Emirates - 0.0% | 41,242 | 0.0 | % | ||||||||
United Kingdom - 15.8% | |||||||||||
Auto Trader Group PLC (C) | 42,564 | 238,545 | 0.2 | % | |||||||
BBA Aviation PLC | 65,305 | 292,970 | 0.2 | % | |||||||
Beazley PLC | 34,635 | 266,897 | 0.2 | % | |||||||
Bellway PLC | 7,616 | 300,876 | 0.2 | % | |||||||
Cineworld Group PLC | 75,022 | 261,851 | 0.2 | % | |||||||
Close Brothers Group PLC | 13,426 | 262,100 | 0.2 | % | |||||||
Cranswick PLC | 5,172 | 229,691 | 0.2 | % | |||||||
Electrocomponents PLC | 39,094 | 389,738 | 0.3 | % | |||||||
Howden Joinery Group PLC | 53,782 | 379,266 | 0.3 | % | |||||||
IG Group Holdings PLC | 23,595 | 267,545 | 0.2 | % | |||||||
Inchcape PLC | 25,976 | 267,046 | 0.2 | % | |||||||
Informa PLC | 25,815 | 283,760 | 0.2 | % | |||||||
Man Group PLC | 100,818 | 233,707 | 0.2 | % | |||||||
Meggitt PLC | 42,927 | 278,561 | 0.2 | % | |||||||
NEX Group PLC | 19,909 | 269,125 | 0.2 | % | |||||||
Ocado Group PLC (A) | 24,801 | 335,170 | 0.3 | % |
The accompanying notes are an integral part of the financial statements. | 31 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Small Company Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
United Kingdom (continued) | |||||||||||
Pennon Group PLC | 25,144 | $ | 262,957 | 0.2 | % | ||||||
Rotork PLC | 60,697 | 267,319 | 0.2 | % | |||||||
RPC Group PLC | 35,055 | 345,140 | 0.3 | % | |||||||
Tate & Lyle PLC | 29,683 | 252,613 | 0.2 | % | |||||||
Travis Perkins PLC | 11,954 | 224,002 | 0.2 | % | |||||||
Tullow Oil PLC (A)(B) | 148,951 | 479,270 | 0.4 | % | |||||||
Victrex PLC | 9,879 | 378,214 | 0.3 | % | |||||||
William Hill PLC | 58,234 | 232,585 | 0.2 | % | |||||||
OTHER SECURITIES | 14,837,952 | 10.3 | % | ||||||||
21,836,900 | |||||||||||
United States - 0.3% | 382,112 | 0.3 | % | ||||||||
TOTAL COMMON STOCKS (Cost $124,563,837) | $ | 136,365,747 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.2% | |||||||||||
Germany - 0.2% | 329,320 | 0.2 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $212,141) | $ | 329,320 | |||||||||
RIGHTS - 0.0% | 36,825 | 0.0 | % | ||||||||
TOTAL RIGHTS (Cost $22,538) | $ | 36,825 | |||||||||
WARRANTS - 0.0% | 230 | 0.0 | % | ||||||||
TOTAL WARRANTS (Cost $0) | $ | 230 | |||||||||
SECURITIES LENDING COLLATERAL - 7.9% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (D)(E) | 1,082,787 | 10,831,874 | 7.9 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $10,831,705) | $ | 10,831,874 | |||||||||
Total Investments (International Small Company Trust) | |||||||||||
(Cost $135,630,221) - 106.7% | $ | 147,563,996 | 106.7 | % | |||||||
Other assets and liabilities, net - (6.7)% | (9,212,682 | ) | (6.7 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 138,351,314 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. | |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
International Value Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 96.7% | |||||||||||
Canada - 6.2% | |||||||||||
Alamos Gold, Inc., Class A | 1,859,600 | $ | 10,581,126 | 1.3 | % | ||||||
Husky Energy, Inc. | 556,900 | 8,679,786 | 1.1 | % | |||||||
Wheaton Precious Metals Corp. | 780,100 | 17,220,174 | 2.1 | % | |||||||
OTHER SECURITIES | 13,260,183 | 1.7 | % | ||||||||
49,741,269 | |||||||||||
China - 8.3% | |||||||||||
Baidu, Inc., ADR (A) | 68,960 | 16,757,280 | 2.1 | % | |||||||
China Telecom Corp., Ltd., | |||||||||||
H Shares | 27,310,427 | 12,815,084 | 1.6 | % |
International Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
China (continued) | |||||||||||
Shanghai Pharmaceuticals Holding | |||||||||||
Company, Ltd., H Shares | 2,726,600 | $ | 7,504,409 | 0.9 | % | ||||||
Sinopec Engineering Group | |||||||||||
Company, Ltd., H Shares | 8,099,000 | 8,446,381 | 1.1 | % | |||||||
Sinopharm Group Company, Ltd., | |||||||||||
H Shares | 1,939,200 | 7,793,854 | 1.0 | % | |||||||
OTHER SECURITIES | 13,299,869 | 1.6 | % | ||||||||
66,616,877 | |||||||||||
Denmark - 1.7% | 13,485,821 | 1.7 | % | ||||||||
France - 6.5% | |||||||||||
AXA SA | 398,199 | 9,729,518 | 1.2 | % | |||||||
BNP Paribas SA | 266,518 | 16,486,007 | 2.1 | % | |||||||
Sanofi | 129,858 | 10,422,354 | 1.3 | % | |||||||
OTHER SECURITIES | 15,031,701 | 1.9 | % | ||||||||
51,669,580 | |||||||||||
Germany - 7.5% | |||||||||||
Bayer AG | 123,788 | 13,594,861 | 1.7 | % | |||||||
E.ON SE | 780,774 | 8,318,770 | 1.0 | % | |||||||
Gerresheimer AG | 108,417 | 8,771,372 | 1.1 | % | |||||||
Siemens AG | 64,748 | 8,530,937 | 1.1 | % | |||||||
Telefonica Deutschland | |||||||||||
Holding AG | 2,068,178 | 8,136,141 | 1.0 | % | |||||||
OTHER SECURITIES | 12,900,653 | 1.6 | % | ||||||||
60,252,734 | |||||||||||
Hong Kong - 3.3% | |||||||||||
China Mobile, Ltd. | 970,000 | 8,606,759 | 1.1 | % | |||||||
CK Hutchison Holdings, Ltd. | 1,104,500 | 11,692,262 | 1.4 | % | |||||||
OTHER SECURITIES | 6,326,102 | 0.8 | % | ||||||||
26,625,123 | |||||||||||
India - 0.8% | 6,693,584 | 0.8 | % | ||||||||
Ireland - 3.1% | |||||||||||
Bank of Ireland Group PLC | 1,209,915 | 9,389,221 | 1.2 | % | |||||||
Shire PLC | 170,364 | 9,598,102 | 1.2 | % | |||||||
OTHER SECURITIES | 5,461,137 | 0.7 | % | ||||||||
24,448,460 | |||||||||||
Israel - 3.0% | |||||||||||
Teva Pharmaceutical | |||||||||||
Industries, Ltd., ADR (B) | 967,358 | 23,526,147 | 3.0 | % | |||||||
Italy - 2.1% | |||||||||||
Eni SpA | 921,177 | 17,079,908 | 2.1 | % | |||||||
Japan - 11.4% | |||||||||||
Astellas Pharma, Inc. | 804,900 | 12,249,438 | 1.5 | % | |||||||
SoftBank Group Corp. | 247,100 | 17,644,954 | 2.2 | % | |||||||
Sumitomo Rubber Industries, Ltd. | 522,100 | 8,275,791 | 1.0 | % | |||||||
Suntory Beverage & Food, Ltd. | 188,900 | 8,075,982 | 1.0 | % | |||||||
Taiheiyo Cement Corp. | 233,800 | 7,691,166 | 1.0 | % | |||||||
OTHER SECURITIES | 37,521,086 | 4.7 | % | ||||||||
91,458,417 | |||||||||||
Luxembourg - 1.6% | |||||||||||
SES SA | 700,784 | 12,810,149 | 1.6 | % | |||||||
Malta - 0.0% | 2 | 0.0 | % | ||||||||
Netherlands - 7.9% | |||||||||||
Aegon NV | 1,645,809 | 9,826,504 | 1.2 | % | |||||||
ING Groep NV | 558,155 | 8,012,059 | 1.0 | % | |||||||
QIAGEN NV (A) | 229,920 | 8,334,420 | 1.1 | % | |||||||
Royal Dutch Shell PLC, B Shares | 667,431 | 23,902,680 | 3.0 | % | |||||||
SBM Offshore NV (B) | 519,219 | 8,050,665 | 1.0 | % | |||||||
OTHER SECURITIES | 5,130,532 | 0.6 | % | ||||||||
63,256,860 |
The accompanying notes are an integral part of the financial statements. | 32 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
International Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Singapore - 1.4% | |||||||||||
Singapore | |||||||||||
Telecommunications, Ltd. | 4,713,200 | $ | 10,641,450 | 1.4 | % | ||||||
Singapore | |||||||||||
Telecommunications, Ltd., ADR | 4,900 | 110,226 | 0.0 | % | |||||||
10,751,676 | |||||||||||
South Korea - 6.0% | |||||||||||
Hana Financial Group, Inc. | 273,914 | 10,518,503 | 1.3 | % | |||||||
KB Financial Group, Inc., ADR | 247,151 | 11,487,578 | 1.4 | % | |||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 623,688 | 26,126,030 | 3.3 | % | |||||||
48,132,111 | |||||||||||
Sweden - 0.5% | 3,691,037 | 0.5 | % | ||||||||
Switzerland - 4.0% | |||||||||||
Roche Holding AG | 82,766 | 18,362,314 | 2.3 | % | |||||||
UBS Group AG (A) | 692,864 | 10,621,856 | 1.3 | % | |||||||
OTHER SECURITIES | 3,001,291 | 0.4 | % | ||||||||
31,985,461 | |||||||||||
Taiwan - 2.5% | |||||||||||
Taiwan Semiconductor | |||||||||||
Manufacturing Company, Ltd. | 1,370,000 | 9,728,479 | 1.2 | % | |||||||
OTHER SECURITIES | 10,304,305 | 1.3 | % | ||||||||
20,032,784 | |||||||||||
Thailand - 2.0% | |||||||||||
Bangkok Bank PCL | 683,000 | 4,086,996 | 0.5 | % | |||||||
Bangkok Bank PCL, NVDR | 1,236,700 | 7,302,114 | 0.9 | % | |||||||
OTHER SECURITIES | 4,617,530 | 0.6 | % | ||||||||
16,006,640 | |||||||||||
United Kingdom - 16.9% | |||||||||||
BAE Systems PLC | 944,250 | 8,033,019 | 1.0 | % | |||||||
Barclays PLC | 4,312,850 | 10,660,209 | 1.3 | % | |||||||
BP PLC | 3,591,198 | 27,323,663 | 3.4 | % | |||||||
HSBC Holdings PLC | 1,454,212 | 13,588,655 | 1.7 | % | |||||||
Johnson Matthey PLC | 269,428 | 12,829,211 | 1.6 | % | |||||||
Kingfisher PLC | 2,991,841 | 11,699,909 | 1.5 | % | |||||||
Rolls-Royce Holdings PLC (A) | 614,328 | 8,001,664 | 1.0 | % | |||||||
Rolls-Royce Holdings PLC, C | |||||||||||
Shares Entitlement (A) | 42,614,484 | 56,240 | 0.0 | % | |||||||
Standard Chartered PLC | 2,116,670 | 19,226,572 | 2.4 | % | |||||||
OTHER SECURITIES | 24,022,160 | 3.0 | % | ||||||||
135,441,302 | |||||||||||
TOTAL COMMON STOCKS (Cost $723,158,632) | $ | 773,705,942 | |||||||||
SECURITIES LENDING COLLATERAL - 2.3% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 1,828,938 | 18,296,146 | 2.3 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $18,296,879) | $ | 18,296,146 | |||||||||
SHORT-TERM INVESTMENTS - 2.8% | |||||||||||
U.S. Government Agency - 2.8% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.550%, | |||||||||||
07/02/2018 * | $ | 22,500,000 | 22,500,000 | 2.8 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $22,498,997) | $ | 22,500,000 | |||||||||
Total Investments (International Value Trust) | |||||||||||
(Cost $763,954,508) - 101.8% | $ | 814,502,088 | 101.8 | % | |||||||
Other assets and liabilities, net - (1.8)% | (14,614,270 | ) | (1.8 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 799,887,818 | 100.0 | % |
International Value Trust (continued)
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
NVDR | Non-Voting Depositary Receipt | |
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | 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. |
Lifestyle Aggressive Portfolio
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
AFFILIATED INVESTMENT COMPANIES (A) - 82.4% | |||||||||||
Equity - 82.4% | |||||||||||
Strategic Equity Allocation, | |||||||||||
Series NAV, JHVIT | |||||||||||
(JHAM) (B)(C) | 1,365,057 | $ | 27,396,689 | 82.4 | % | ||||||
TOTAL AFFILIATED INVESTMENT | |||||||||||
COMPANIES (Cost $24,111,794) | $ | 27,396,689 | |||||||||
UNAFFILIATED INVESTMENT | |||||||||||
COMPANIES - 17.6% | |||||||||||
Exchange-traded funds - 17.6% | |||||||||||
Financial Select Sector | |||||||||||
SPDR Fund | 22,191 | 590,059 | 1.8 | % | |||||||
Vanguard Energy ETF | 3,953 | 415,381 | 1.3 | % | |||||||
Vanguard FTSE Emerging | |||||||||||
Markets ETF | 42,070 | 1,775,354 | 5.3 | % | |||||||
Vanguard Health Care ETF | 1,454 | 231,390 | 0.7 | % | |||||||
Vanguard Information | |||||||||||
Technology ETF | 4,560 | 827,184 | 2.5 | % | |||||||
Vanguard Materials ETF | 1,050 | 138,138 | 0.4 | % | |||||||
Vanguard Mid-Cap ETF | 6,403 | 1,009,369 | 3.0 | % | |||||||
Vanguard Real Estate ETF (D) | 4,081 | 332,397 | 1.0 | % | |||||||
Vanguard Small-Cap ETF | 3,471 | 540,331 | 1.6 | % | |||||||
TOTAL UNAFFILIATED INVESTMENT | |||||||||||
COMPANIES (Cost $5,171,454) | $ | 5,859,603 | |||||||||
SECURITIES LENDING COLLATERAL - 1.0% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (E)(F) | 33,079 | 330,908 | 1.0 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $330,927) | $ | 330,908 | |||||||||
SHORT-TERM INVESTMENTS - 0.4% | |||||||||||
Money market funds - 0.4% | |||||||||||
State Street Institutional | |||||||||||
U.S. Government Money | |||||||||||
Market Fund, Premier Class, | |||||||||||
1.0898% (E) | 146,007 | 146,007 | 0.4 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $146,007) | $ | 146,007 | |||||||||
Total Investments (Lifestyle Aggressive Portfolio) | |||||||||||
(Cost $29,760,182) - 101.4% | $ | 33,733,207 | 101.4 | % | |||||||
Other assets and liabilities, net - (1.4)% | (473,137 | ) | (1.4 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 33,260,070 | 100.0 | % |
Security Abbreviations and Legend
JHAM | John Hancock Asset Management | |
JHVIT | John Hancock Variable Insurance Trust | |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. | |
(B) | The subadvisor is an affiliate of the advisor. |
The accompanying notes are an integral part of the financial statements. | 33 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Lifestyle Aggressive Portfolio (continued)
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. | |
(D) | A portion of this security is on loan as of 6-30-18. | |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(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. |
Lifestyle Balanced Portfolio
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
AFFILIATED INVESTMENT COMPANIES (A) - 100.0% | ||||||||||
Equity - 49.7% | ||||||||||
Strategic Equity Allocation, | ||||||||||
Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C) | 25,076,595 | $ | 503,287,270 | 49.7 | % | |||||
Fixed income - 50.3% | ||||||||||
Select Bond, Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C)(D) | 38,511,376 | 508,735,283 | 50.3 | % | ||||||
TOTAL AFFILIATED INVESTMENT | ||||||||||
COMPANIES (Cost $945,742,238) | $ | 1,012,022,553 | ||||||||
Total Investments (Lifestyle Balanced Portfolio) | ||||||||||
(Cost $945,742,238) - 100.0% | $ | 1,012,022,553 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (75,448 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,011,947,105 | 100.0 | % |
Security Abbreviations and Legend
JHAM | John Hancock Asset Management | |
JHVIT | John Hancock Variable Insurance Trust | |
(A) | The underlying funds’ subadvisor is shown parenthetically. | |
(B) | The subadvisor is an affiliate of the advisor. | |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. | |
(D) | Formerly known as Bond Trust. |
Lifestyle Conservative Portfolio
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
AFFILIATED INVESTMENT COMPANIES (A) - 100.0% | ||||||||||
Equity - 19.7% | ||||||||||
Strategic Equity Allocation, | ||||||||||
Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C) | 1,771,547 | $ | 35,554,947 | 19.7 | % | |||||
Fixed income - 80.3% | ||||||||||
Select Bond, Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C)(D) | 10,971,821 | 144,937,761 | 80.3 | % | ||||||
TOTAL AFFILIATED INVESTMENT | ||||||||||
COMPANIES (Cost $179,690,546) | $ | 180,492,708 | ||||||||
SHORT-TERM INVESTMENTS - 0.0% | ||||||||||
Money market funds - 0.0% | ||||||||||
State Street Institutional | ||||||||||
U.S. Government Money | ||||||||||
Market Fund, Premier Class, | ||||||||||
1.8098% (E) | 588 | 588 | 0.0 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $588) | $ | 588 | ||||||||
Total Investments (Lifestyle Conservative | ||||||||||
Portfolio) (Cost $179,691,134) - 100.0% | $ | 180,493,296 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (27,513 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 180,465,783 | 100.0 | % |
Lifestyle Conservative Portfolio (continued)
Security Abbreviations and Legend
JHAM | John Hancock Asset Management | |
JHVIT | John Hancock Variable Insurance Trust | |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. | |
(B) | The subadvisor is an affiliate of the advisor. | |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. | |
(D) | Formerly known as Bond Trust. | |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. |
Lifestyle Growth Portfolio
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
AFFILIATED INVESTMENT COMPANIES (A) - 100.0% | ||||||||||
Equity - 70.0% | ||||||||||
Strategic Equity Allocation, | ||||||||||
Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C) | 231,348,837 | $ | 4,643,171,155 | 70.0 | % | |||||
Fixed income - 30.0% | ||||||||||
Select Bond, Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C)(D) | 150,638,190 | 1,989,930,495 | 30.0 | % | ||||||
TOTAL AFFILIATED INVESTMENT | ||||||||||
COMPANIES (Cost $5,939,002,329) | $ | 6,633,101,650 | ||||||||
COMMON STOCKS - 0.0% | ||||||||||
Financials - 0.0% | ||||||||||
Irish Bank Resolution Corp., | ||||||||||
Ltd. (E)(F) | 3,621 | 0 | 0.0 | % | ||||||
Health care - 0.0% | ||||||||||
MedCath Corp. (E)(F) | 500 | 250 | 0.0 | % | ||||||
Industrials - 0.0% | ||||||||||
Ceva Logistics AG (F) | 22,305 | 520,293 | 0.0 | % | ||||||
Virgin Australia | ||||||||||
Holdings, Ltd. (E)(F) | 16,061 | 59 | 0.0 | % | ||||||
520,352 | ||||||||||
Materials - 0.0% | ||||||||||
China Metal Recycling | ||||||||||
Holdings, Ltd. (E)(F) | 7,800 | 0 | 0.0 | % | ||||||
Timminco, Ltd. (F) | 300 | 0 | 0.0 | % | ||||||
0 | ||||||||||
TOTAL COMMON STOCKS (Cost $765,507) | $ | 520,602 | ||||||||
Total Investments (Lifestyle Growth Portfolio) | ||||||||||
(Cost $5,939,767,836) - 100.0% | $ | 6,633,622,252 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (326,949 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 6,633,295,303 | 100.0 | % |
Security Abbreviations and Legend
JHAM | John Hancock Asset Management | |
JHVIT | John Hancock Variable Insurance Trust | |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. | |
(B) | The subadvisor is an affiliate of the advisor. | |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. | |
(D) | Formerly known as Bond Trust. | |
(E) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. | |
(F) | Non-income producing security. |
The accompanying notes are an integral part of the financial statements. | 34 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Lifestyle Moderate Portfolio
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
AFFILIATED INVESTMENT COMPANIES (A) - 100.0% | ||||||||||
Equity - 39.5% | ||||||||||
Strategic Equity Allocation, | ||||||||||
Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C) | 6,171,143 | $ | 123,854,839 | 39.5 | % | |||||
Fixed income - 60.5% | ||||||||||
Select Bond, Series NAV, JHVIT | ||||||||||
(JHAM) (B)(C)(D) | 14,342,307 | 189,461,869 | 60.5 | % | ||||||
TOTAL AFFILIATED INVESTMENT | ||||||||||
COMPANIES (Cost $299,040,595) | $ | 313,316,708 | ||||||||
SHORT-TERM INVESTMENTS - 0.0% | ||||||||||
Money market funds - 0.0% | ||||||||||
State Street Institutional | ||||||||||
U.S. Government Money | ||||||||||
Market Fund, Premier Class, | ||||||||||
1.8098% (E) | 527 | 527 | 0.0 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $527) | $ | 527 | ||||||||
Total Investments (Lifestyle Moderate Portfolio) | ||||||||||
(Cost $299,041,122) - 100.0% | $ | 313,317,235 | 100.0 | % | ||||||
Other assets and liabilities, net - (0.0)% | (34,959 | ) | (0.0 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 313,282,276 | 100.0 | % |
Security Abbreviations and Legend
JHAM | John Hancock Asset Management | |
JHVIT | John Hancock Variable Insurance Trust | |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. | |
(B) | The subadvisor is an affiliate of the advisor. | |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. | |
(D) | Formerly known as Bond Trust. | |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. |
Mid Cap Index Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 96.7% | ||||||||||
Consumer discretionary - 12.6% | ||||||||||
Domino’s Pizza, Inc. | 35,831 | $ | 10,110,433 | 0.7 | % | |||||
NVR, Inc. (A) | 2,856 | 8,483,320 | 0.5 | % | ||||||
Polaris Industries, Inc. (B) | 49,768 | 6,080,654 | 0.4 | % | ||||||
OTHER SECURITIES | 169,672,779 | 11.0 | % | |||||||
194,347,186 | ||||||||||
Consumer staples - 3.4% | ||||||||||
Ingredion, Inc. | 61,216 | 6,776,611 | 0.4 | % | ||||||
Lamb Weston Holdings, Inc. | 123,925 | 8,490,102 | 0.6 | % | ||||||
OTHER SECURITIES | 36,770,401 | 2.4 | % | |||||||
52,037,114 | ||||||||||
Energy - 5.2% | ||||||||||
Energen Corp. (A) | 82,566 | 6,012,456 | 0.4 | % | ||||||
WPX Energy, Inc. (A) | 338,663 | 6,106,094 | 0.4 | % | ||||||
OTHER SECURITIES | 67,519,561 | 4.4 | % | |||||||
79,638,111 | ||||||||||
Financials - 16.0% | ||||||||||
Alleghany Corp. | 12,957 | 7,449,886 | 0.5 | % | ||||||
American Financial Group, Inc. | 58,790 | 6,309,931 | 0.4 | % | ||||||
East West Bancorp, Inc. | 122,804 | 8,006,821 | 0.5 | % | ||||||
FactSet Research Systems, Inc. | 32,946 | 6,526,603 | 0.4 | % | ||||||
MarketAxess Holdings, Inc. | 31,869 | 6,305,600 | 0.4 | % | ||||||
Reinsurance Group of | ||||||||||
America, Inc. | 54,680 | 7,298,686 | 0.5 | % |
Mid Cap Index Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Financials (continued) | ||||||||||
SEI Investments Company | 111,189 | $ | 6,951,536 | 0.5 | % | |||||
W.R. Berkley Corp. | 81,456 | 5,898,229 | 0.4 | % | ||||||
OTHER SECURITIES | 191,646,249 | 12.4 | % | |||||||
246,393,541 | ||||||||||
Health care - 9.0% | ||||||||||
STERIS PLC | 71,723 | 7,531,632 | 0.5 | % | ||||||
Teleflex, Inc. | 38,602 | 10,353,429 | 0.7 | % | ||||||
WellCare Health Plans, Inc. (A) | 37,929 | 9,339,637 | 0.6 | % | ||||||
West Pharmaceutical Services, Inc. | 62,288 | 6,184,576 | 0.4 | % | ||||||
OTHER SECURITIES | 105,117,176 | 6.8 | % | |||||||
138,526,450 | ||||||||||
Industrials - 14.0% | ||||||||||
Graco, Inc. | 142,039 | 6,423,004 | 0.4 | % | ||||||
IDEX Corp. | 65,018 | 8,873,657 | 0.6 | % | ||||||
Lennox International, Inc. | 31,456 | 6,295,918 | 0.4 | % | ||||||
Old Dominion Freight Line, Inc. | 57,827 | 8,613,910 | 0.6 | % | ||||||
Teledyne Technologies, Inc. (A) | 30,307 | 6,032,911 | 0.4 | % | ||||||
Wabtec Corp. (B) | 72,625 | 7,159,373 | 0.5 | % | ||||||
OTHER SECURITIES | 172,566,811 | 11.1 | % | |||||||
215,965,584 | ||||||||||
Information technology - 15.6% | ||||||||||
CDK Global, Inc. | 104,848 | 6,820,362 | 0.4 | % | ||||||
Cognex Corp. | 146,571 | 6,538,532 | 0.4 | % | ||||||
Fortinet, Inc. (A) | 122,521 | 7,648,986 | 0.5 | % | ||||||
Jack Henry & Associates, Inc. | 65,513 | 8,540,275 | 0.6 | % | ||||||
Keysight Technologies, Inc. (A) | 158,399 | 9,350,293 | 0.6 | % | ||||||
Leidos Holdings, Inc. | 120,919 | 7,134,221 | 0.5 | % | ||||||
PTC, Inc. (A) | 97,736 | 9,168,614 | 0.6 | % | ||||||
Teradyne, Inc. | 162,133 | 6,172,403 | 0.4 | % | ||||||
The Ultimate Software | ||||||||||
Group, Inc. (A) | 24,649 | 6,342,434 | 0.4 | % | ||||||
Trimble, Inc. (A) | 211,206 | 6,936,005 | 0.5 | % | ||||||
Tyler Technologies, Inc. (A) | 30,178 | 6,702,534 | 0.4 | % | ||||||
WEX, Inc. (A) | 33,957 | 6,468,129 | 0.4 | % | ||||||
Zebra Technologies Corp., | ||||||||||
Class A (A) | 45,255 | 6,482,779 | 0.4 | % | ||||||
OTHER SECURITIES | 146,958,356 | 9.5 | % | |||||||
241,263,923 | ||||||||||
Materials - 6.8% | ||||||||||
RPM International, Inc. | 113,321 | 6,608,881 | 0.4 | % | ||||||
Steel Dynamics, Inc. | 199,943 | 9,187,381 | 0.6 | % | ||||||
The Chemours Company | 150,777 | 6,688,468 | 0.4 | % | ||||||
OTHER SECURITIES | 82,595,907 | 5.4 | % | |||||||
105,080,637 | ||||||||||
Real estate - 9.3% | ||||||||||
Camden Property Trust | 78,627 | 7,165,279 | 0.5 | % | ||||||
Jones Lang LaSalle, Inc. | 38,552 | 6,399,246 | 0.4 | % | ||||||
Kilroy Realty Corp. | 83,764 | 6,335,909 | 0.4 | % | ||||||
OTHER SECURITIES | 123,265,829 | 8.0 | % | |||||||
143,166,263 | ||||||||||
Telecommunication | ||||||||||
services - 0.1% | 2,156,556 | 0.1 | % | |||||||
Utilities - 4.7% | ||||||||||
Atmos Energy Corp. | 94,129 | 8,484,788 | 0.5 | % | ||||||
OGE Energy Corp. | 169,270 | 5,959,997 | 0.4 | % | ||||||
UGI Corp. | 146,713 | 7,639,346 | 0.5 | % |
The accompanying notes are an integral part of the financial statements. | 35 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Mid Cap Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Utilities (continued) | |||||||||||
OTHER SECURITIES | $ | 50,850,017 | 3.3 | % | |||||||
72,934,148 | |||||||||||
TOTAL COMMON STOCKS | |||||||||||
(Cost $1,188,651,615) | $ | 1,491,509,513 | |||||||||
RIGHTS - 0.0% | 1,511 | 0.0 | % | ||||||||
TOTAL RIGHTS (Cost $8,929) | $ | 1,511 | |||||||||
SECURITIES LENDING COLLATERAL - 4.8% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 7,442,958 | 74,456,370 | 4.8 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $74,459,307) | $ | 74,456,370 | |||||||||
SHORT-TERM INVESTMENTS - 3.0% | |||||||||||
U.S. Government Agency - 2.6% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.880%, | |||||||||||
07/05/2018 * | $ | 10,000,000 | 9,998,440 | 0.6 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/15/2018 * | 7,500,000 | 7,482,398 | 0.5 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/22/2018 * | 7,500,000 | 7,479,600 | 0.5 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/10/2018 * | 15,000,000 | 14,968,800 | 1.0 | % | |||||||
39,929,238 |
Mid Cap Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SHORT-TERM INVESTMENTS (continued) | |||||||||||
Repurchase agreement - 0.4% | |||||||||||
Repurchase Agreement with State | |||||||||||
Street Corp. dated 6-29-18 at | |||||||||||
0.900% to be repurchased at | |||||||||||
$6,024,452 on 7-2-18, | |||||||||||
collateralized by $6,220,000 | |||||||||||
U.S. Treasury Notes, 2.000% | |||||||||||
due 12-31-21 (valued at | |||||||||||
$6,144,545 including interest) | $ | 6,024,000 | $ | 6,024,000 | 0.4 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $45,952,134) | $ | 45,953,238 | |||||||||
Total Investments (Mid Cap Index Trust) | |||||||||||
(Cost $1,309,071,985) - 104.5% | $ | 1,611,920,632 | 104.5 | % | |||||||
Other assets and liabilities, net - (4.5)% | (69,776,236 | ) | (4.5 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 1,542,144,396 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
S&P MidCap 400 Index E-Mini Futures | 277 | Long | Sep 2018 | $55,182,901 | $54,183,970 | $(998,931 | ) | ||||||
$(998,931 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Mid Cap Stock Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 88.6% | ||||||||||
Consumer discretionary - 26.1% | ||||||||||
Dollar Tree, Inc. (A) | 258,618 | $ | 21,982,530 | 2.8 | % | |||||
Ferrari NV (B) | 59,869 | 8,082,917 | 1.0 | % | ||||||
Floor & Decor Holdings, Inc., | ||||||||||
Class A (A) | 342,869 | 16,913,728 | 2.1 | % | ||||||
Hilton Worldwide Holdings, Inc. | 245,063 | 19,399,187 | 2.5 | % | ||||||
Melco Resorts & | ||||||||||
Entertainment, Ltd., ADR | 387,798 | 10,858,344 | 1.4 | % | ||||||
Mohawk Industries, Inc. (A) | 35,259 | 7,554,946 | 1.0 | % | ||||||
Planet Fitness, Inc., Class A (A) | 333,692 | 14,662,426 | 1.9 | % | ||||||
Polaris Industries, Inc. (B) | 85,689 | 10,469,482 | 1.3 | % | ||||||
Shutterfly, Inc. (A) | 97,274 | 8,757,578 | 1.1 | % | ||||||
Tiffany & Company | 61,450 | 8,086,820 | 1.0 | % | ||||||
Under Armour, Inc., | ||||||||||
Class A (A)(B) | 283,188 | 6,366,066 | 0.8 | % |
Mid Cap Stock Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer | ||||||||||
discretionary (continued) | ||||||||||
Under Armour, Inc., | ||||||||||
Class C (A)(B) | 270,234 | $ | 5,696,533 | 0.7 | % | |||||
Vail Resorts, Inc. | 45,013 | 12,342,114 | 1.6 | % | ||||||
Wayfair, Inc., Class A (A)(B) | 211,063 | 25,065,842 | 3.2 | % | ||||||
OTHER SECURITIES | 29,607,324 | 3.7 | % | |||||||
205,845,837 | ||||||||||
Consumer staples - 1.0% | ||||||||||
Lamb Weston Holdings, Inc. | 117,641 | 8,059,585 | 1.0 | % | ||||||
Energy - 1.1% | ||||||||||
WPX Energy, Inc. (A) | 487,726 | 8,793,700 | 1.1 | % |
The accompanying notes are an integral part of the financial statements. | 36 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Mid Cap Stock Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Financials - 2.6% | ||||||||||
TD Ameritrade Holding Corp. | 366,032 | $ | 20,047,573 | 2.6 | % | |||||
OTHER SECURITIES | 332,990 | 0.0 | % | |||||||
20,380,563 | ||||||||||
Health care - 16.2% | ||||||||||
Align Technology, Inc. (A) | 58,656 | 20,068,564 | 2.5 | % | ||||||
Baxter International, Inc. | 168,548 | 12,445,584 | 1.6 | % | ||||||
DexCom, Inc. (A)(B) | 143,647 | 13,643,592 | 1.7 | % | ||||||
Edwards Lifesciences Corp. (A) | 111,708 | 16,261,334 | 2.1 | % | ||||||
Exact Sciences Corp. (A) | 352,831 | 21,095,765 | 2.7 | % | ||||||
Insulet Corp. (A) | 155,704 | 13,343,833 | 1.7 | % | ||||||
Veeva Systems, Inc., Class A (A) | 120,124 | 9,232,731 | 1.2 | % | ||||||
OTHER SECURITIES | 21,760,280 | 2.7 | % | |||||||
127,851,683 | ||||||||||
Industrials - 11.5% | ||||||||||
CoStar Group, Inc. (A) | 59,911 | 24,721,076 | 3.1 | % | ||||||
Harris Corp. | 57,947 | 8,375,659 | 1.0 | % | ||||||
IDEX Corp. | 69,751 | 9,519,616 | 1.2 | % | ||||||
J.B. Hunt Transport Services, Inc. | 69,421 | 8,438,123 | 1.1 | % | ||||||
JetBlue Airways Corp. (A) | 611,218 | 11,600,918 | 1.5 | % | ||||||
Rockwell Automation, Inc. | 88,498 | 14,711,023 | 1.9 | % | ||||||
The Brink’s Company | 108,875 | 8,682,781 | 1.1 | % | ||||||
OTHER SECURITIES | 4,915,673 | 0.6 | % | |||||||
90,964,869 | ||||||||||
Information technology - 27.5% | ||||||||||
2U, Inc. (A) | 108,850 | 9,095,506 | 1.2 | % | ||||||
Advanced Micro | ||||||||||
Devices, Inc. (A)(B) | 814,112 | 12,203,539 | 1.6 | % | ||||||
Autodesk, Inc. (A) | 81,602 | 10,697,206 | 1.4 | % | ||||||
Fair Isaac Corp. (A) | 45,333 | 8,763,776 | 1.1 | % | ||||||
GoDaddy, Inc., Class A (A) | 114,517 | 8,084,900 | 1.0 | % | ||||||
Guidewire Software, Inc. (A) | 257,026 | 22,818,768 | 2.9 | % | ||||||
II-VI, Inc. (A) | 184,916 | 8,034,600 | 1.0 | % | ||||||
IPG Photonics Corp. (A) | 50,714 | 11,189,030 | 1.4 | % | ||||||
Microchip Technology, Inc. | 245,248 | 22,305,306 | 2.8 | % | ||||||
ServiceNow, Inc. (A) | 152,815 | 26,356,002 | 3.3 | % | ||||||
Spotify Technology SA (A) | 78,964 | 13,284,903 | 1.7 | % | ||||||
Teradyne, Inc. | 381,607 | 14,527,778 | 1.8 | % | ||||||
Workday, Inc., Class A (A) | 208,396 | 25,240,924 | 3.2 | % | ||||||
Zebra Technologies Corp., | ||||||||||
Class A (A) | 59,946 | 8,587,265 | 1.1 | % | ||||||
Zuora, Inc. (A) | 407,817 | 10,621,186 | 1.4 | % | ||||||
OTHER SECURITIES | 5,351,609 | 0.6 | % | |||||||
217,162,298 | ||||||||||
Materials - 2.6% | ||||||||||
Packaging Corp. of America | 82,171 | 9,185,896 | 1.2 | % | ||||||
Vulcan Materials Company | 85,385 | 11,019,788 | 1.4 | % | ||||||
20,205,684 | ||||||||||
Real estate - 0.0% | ||||||||||
WeWork Companies, Inc., | ||||||||||
Class A (A)(C)(D) | 7,544 | 470,896 | 0.0 | % | ||||||
TOTAL COMMON STOCKS (Cost $574,457,308) | $ | 699,735,115 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 6.2% | ||||||||||
Consumer discretionary - 1.1% | 8,935,285 | 1.1 | % | |||||||
Information technology - 3.6% | ||||||||||
Uber Technologies, Inc. (A)(C)(D) | 420,446 | 16,225,011 | 2.1 | % | ||||||
OTHER SECURITIES | 11,920,288 | 1.5 | % | |||||||
28,145,299 |
Mid Cap Stock Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
PREFERRED | |||||||||||
SECURITIES (continued) | |||||||||||
Real estate - 1.5% | |||||||||||
WeWork Companies, Inc., | |||||||||||
Series D1 (A)(C)(D) | 103,140 | $ | 6,437,999 | 0.8 | % | ||||||
WeWork Companies, Inc., | |||||||||||
Series D2 (A)(C)(D) | 81,039 | 5,058,454 | 0.7 | % | |||||||
11,496,453 | |||||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $29,545,696) | $ | 48,577,037 | |||||||||
WARRANTS - 0.1% | 893,560 | 0.1 | % | ||||||||
TOTAL WARRANTS | |||||||||||
(Cost $348,411) | $ | 893,560 | |||||||||
SECURITIES LENDING COLLATERAL - 8.8% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (E)(F) | 6,907,246 | 69,097,324 | 8.8 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $69,100,050) | $ | 69,097,324 | |||||||||
SHORT-TERM INVESTMENTS - 5.1% | |||||||||||
Repurchase agreement - 5.1% | |||||||||||
Deutsche Bank Tri-Party | |||||||||||
Repurchase Agreement dated | |||||||||||
6-29-18 at 2.110% to be | |||||||||||
repurchased at $40,207,069 on | |||||||||||
7-2-18, collateralized by | |||||||||||
$40,392,100 U.S. Treasury | |||||||||||
Notes, 1.625% - 3.625% due | |||||||||||
4-30-19 to 2-15-20 (valued at | |||||||||||
$41,004,024, including interest) | $ | 40,200,000 | 40,200,000 | 5.1 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $40,200,000) | $ | 40,200,000 | |||||||||
Total Investments (Mid Cap Stock Trust) | |||||||||||
(Cost $713,651,465) - 108.8% | $ | 858,503,036 | 108.8 | % | |||||||
Other assets and liabilities, net - (8.8)% | (69,137,274 | ) | (8.8 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 789,365,762 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to financial statements. | |
(D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. | |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(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. |
Mid Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 91.3% | ||||||||||
Consumer discretionary - 5.8% | ||||||||||
News Corp., Class A | 707,044 | $ | 10,959,182 | 1.4 | % | |||||
Ralph Lauren Corp. | 53,020 | 6,665,674 | 0.8 | % | ||||||
Strayer Education, Inc. | 60,329 | 6,817,780 | 0.9 | % | ||||||
Tiffany & Company | 62,777 | 8,261,453 | 1.0 | % | ||||||
Viacom, Inc., Class B | 283,116 | 8,538,779 | 1.1 | % |
The accompanying notes are an integral part of the financial statements. | 37 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Mid Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer | ||||||||||
discretionary (continued) | ||||||||||
OTHER SECURITIES | $ | 4,776,331 | 0.6 | % | ||||||
46,019,199 | ||||||||||
Consumer staples - 11.5% | ||||||||||
Archer-Daniels-Midland Company | 174,665 | 8,004,897 | 1.0 | % | ||||||
Bunge, Ltd. | 265,632 | 18,517,207 | 2.3 | % | ||||||
Carlsberg A/S, Class B | 95,700 | 11,259,917 | 1.4 | % | ||||||
Edgewell Personal Care | ||||||||||
Company (A) | 168,192 | 8,486,968 | 1.1 | % | ||||||
Flowers Foods, Inc. | 635,372 | 13,234,799 | 1.7 | % | ||||||
Sysco Corp. | 93,560 | 6,389,212 | 0.8 | % | ||||||
The Kroger Company | 453,816 | 12,911,065 | 1.6 | % | ||||||
OTHER SECURITIES | 12,486,286 | 1.6 | % | |||||||
91,290,351 | ||||||||||
Energy - 11.4% | ||||||||||
Apache Corp. | 244,950 | 11,451,413 | 1.4 | % | ||||||
Cameco Corp. | 588,750 | 6,623,438 | 0.8 | % | ||||||
EQT Corp. | 360,384 | 19,885,989 | 2.5 | % | ||||||
Hess Corp. | 331,079 | 22,145,874 | 2.8 | % | ||||||
Imperial Oil, Ltd. | 323,043 | 10,741,180 | 1.4 | % | ||||||
Murphy Oil Corp. | 252,044 | 8,511,526 | 1.1 | % | ||||||
OTHER SECURITIES | 10,787,710 | 1.4 | % | |||||||
90,147,130 | ||||||||||
Financials - 17.4% | ||||||||||
Brown & Brown, Inc. | 315,017 | 8,735,421 | 1.1 | % | ||||||
CNA Financial Corp. | 166,108 | 7,587,813 | 0.9 | % | ||||||
Fifth Third Bancorp | 440,910 | 12,654,117 | 1.6 | % | ||||||
Jefferies Financial Group, Inc. | 475,136 | 10,804,593 | 1.4 | % | ||||||
Loews Corp. | 247,888 | 11,968,033 | 1.5 | % | ||||||
Marsh & McLennan | ||||||||||
Companies, Inc. | 94,584 | 7,753,050 | 1.0 | % | ||||||
Northern Trust Corp. | 115,815 | 11,916,205 | 1.5 | % | ||||||
Synchrony Financial | 298,743 | 9,972,041 | 1.3 | % | ||||||
Voya Financial, Inc. | 146,556 | 6,888,132 | 0.9 | % | ||||||
OTHER SECURITIES | 49,589,984 | 6.2 | % | |||||||
137,869,389 | ||||||||||
Health care - 13.6% | ||||||||||
Alkermes PLC (A) | 173,805 | 7,153,814 | 0.9 | % | ||||||
Baxter International, Inc. | 204,239 | 15,081,008 | 1.9 | % | ||||||
Hologic, Inc. (A) | 244,096 | 9,702,816 | 1.2 | % | ||||||
Patterson Companies, Inc. (B) | 441,363 | 10,005,699 | 1.3 | % | ||||||
Perrigo Company PLC | 142,595 | 10,396,601 | 1.3 | % | ||||||
Seattle Genetics, Inc. (A) | 96,174 | 6,384,992 | 0.8 | % | ||||||
Select Medical Holdings Corp. (A) | 645,367 | 11,713,411 | 1.5 | % | ||||||
Zimmer Biomet Holdings, Inc. | 60,900 | 6,786,696 | 0.8 | % | ||||||
OTHER SECURITIES | 30,794,101 | 3.9 | % | |||||||
108,019,138 | ||||||||||
Industrials - 9.0% | ||||||||||
C.H. Robinson Worldwide, Inc. | 156,654 | 13,105,674 | 1.6 | % | ||||||
Expeditors International of | ||||||||||
Washington, Inc. | 93,637 | 6,844,865 | 0.9 | % | ||||||
Textron, Inc. | 375,986 | 24,781,239 | 3.1 | % | ||||||
Xylem, Inc. | 125,716 | 8,470,744 | 1.1 | % | ||||||
OTHER SECURITIES | 18,351,364 | 2.3 | % | |||||||
71,553,886 | ||||||||||
Information technology - 1.4% | 11,299,701 | 1.4 | % | |||||||
Materials - 7.4% | ||||||||||
Franco-Nevada Corp. | 153,913 | 11,233,372 | 1.4 | % | ||||||
Newmont Mining Corp. | 378,289 | 14,265,278 | 1.8 | % | ||||||
Nucor Corp. | 118,422 | 7,401,375 | 1.0 | % | ||||||
Vulcan Materials Company | 86,535 | 11,168,207 | 1.4 | % |
Mid Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Materials (continued) | ||||||||||
OTHER SECURITIES | $ | 14,475,272 | 1.8 | % | ||||||
58,543,504 | ||||||||||
Real estate - 7.3% | ||||||||||
Equity Commonwealth (A) | 348,468 | 10,976,742 | 1.4 | % | ||||||
Equity Residential | 147,061 | 9,366,315 | 1.2 | % | ||||||
Rayonier, Inc. | 338,557 | 13,098,770 | 1.7 | % | ||||||
Realogy Holdings Corp. (B) | 382,714 | 8,725,879 | 1.1 | % | ||||||
OTHER SECURITIES | 15,742,600 | 1.9 | % | |||||||
57,910,306 | ||||||||||
Telecommunication | ||||||||||
services - 0.3% | 1,901,632 | 0.3 | % | |||||||
Utilities - 6.2% | ||||||||||
FirstEnergy Corp. | 595,872 | 21,397,764 | 2.7 | % | ||||||
PG&E Corp. | 274,200 | 11,669,952 | 1.5 | % | ||||||
OTHER SECURITIES | 16,099,465 | 2.0 | % | |||||||
49,167,181 | ||||||||||
TOTAL COMMON STOCKS (Cost $600,010,770) | $ | 723,721,417 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 0.3% | ||||||||||
Consumer staples - 0.3% | ||||||||||
Bunge, Ltd., 4.875% | 18,222 | 1,967,976 | 0.3 | % | ||||||
TOTAL PREFERRED SECURITIES | ||||||||||
(Cost $2,064,626) | $ | 1,967,976 | ||||||||
SECURITIES LENDING COLLATERAL - 4.8% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (C)(D) | 3,784,717 | 37,860,796 | 4.8 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $37,863,659) | $ | 37,860,796 | ||||||||
SHORT-TERM INVESTMENTS - 8.2% | ||||||||||
Money market funds - 8.2% | ||||||||||
T. Rowe Price Government | ||||||||||
Reserve Fund, 2.1583% (C) | 63,035,132 | 63,035,132 | 7.9 | % | ||||||
OTHER SECURITIES | 2,414,148 | 0.3 | % | |||||||
65,449,280 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $65,449,280) | $ | 65,449,280 | ||||||||
Total Investments (Mid Value Trust) | ||||||||||
(Cost $705,388,335) - 104.6% | $ | 828,999,469 | 104.6 | % | ||||||
Other assets and liabilities, net - (4.6)% | (36,565,657 | ) | (4.6 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 792,433,812 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Mutual Shares Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 88.1% | ||||||||||
Consumer discretionary - 8.7% | ||||||||||
Charter Communications, Inc., | ||||||||||
Class A (A) | 9,309 | $ | 2,729,492 | 1.7 | % | |||||
Comcast Corp., Class A | 56,772 | 1,862,689 | 1.1 | % |
The accompanying notes are an integral part of the financial statements. | 38 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Mutual Shares Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer | ||||||||||
discretionary (continued) | ||||||||||
General Motors Company | 48,559 | $ | 1,913,225 | 1.2 | % | |||||
Sky PLC | 100,590 | 1,937,244 | 1.2 | % | ||||||
The Walt Disney Company | 29,118 | 3,051,858 | 1.8 | % | ||||||
OTHER SECURITIES | 2,842,988 | 1.7 | % | |||||||
14,337,496 | ||||||||||
Consumer staples - 7.5% | ||||||||||
Altria Group, Inc. | 25,972 | 1,474,950 | 0.9 | % | ||||||
British American Tobacco PLC | 48,276 | 2,431,825 | 1.5 | % | ||||||
British American Tobacco | ||||||||||
PLC, ADR | 17,408 | 878,234 | 0.5 | % | ||||||
The Kroger Company | 88,293 | 2,511,936 | 1.5 | % | ||||||
Walgreens Boots Alliance, Inc. | 24,316 | 1,459,325 | 0.9 | % | ||||||
OTHER SECURITIES | 3,520,901 | 2.2 | % | |||||||
12,277,171 | ||||||||||
Energy - 9.7% | ||||||||||
Anadarko Petroleum Corp. | 38,016 | 2,784,672 | 1.7 | % | ||||||
Kinder Morgan, Inc. | 128,500 | 2,270,595 | 1.4 | % | ||||||
Marathon Oil Corp. | 90,004 | 1,877,483 | 1.1 | % | ||||||
Royal Dutch Shell PLC, A Shares | 31,946 | 1,105,616 | 0.7 | % | ||||||
Royal Dutch Shell PLC, A Shares | 57,102 | 1,981,692 | 1.2 | % | ||||||
The Williams Companies, Inc. | 68,984 | 1,870,156 | 1.1 | % | ||||||
OTHER SECURITIES | 4,034,008 | 2.5 | % | |||||||
15,924,222 | ||||||||||
Financials - 20.2% | ||||||||||
Alleghany Corp. | 4,060 | 2,334,378 | 1.4 | % | ||||||
American International | ||||||||||
Group, Inc. | 62,165 | 3,295,988 | 2.0 | % | ||||||
Capital One Financial Corp. | 19,162 | 1,760,988 | 1.1 | % | ||||||
Chubb, Ltd. | 12,553 | 1,594,479 | 1.0 | % | ||||||
CIT Group, Inc. | 29,408 | 1,482,457 | 0.9 | % | ||||||
Citigroup, Inc. | 36,324 | 2,430,802 | 1.5 | % | ||||||
Citizens Financial Group, Inc. | 72,447 | 2,818,188 | 1.7 | % | ||||||
FCB Financial Holdings, Inc., | ||||||||||
Class A (A) | 60,504 | 3,557,635 | 2.2 | % | ||||||
JPMorgan Chase & Co. | 29,286 | 3,051,601 | 1.8 | % | ||||||
MetLife, Inc. | 38,150 | 1,663,340 | 1.0 | % | ||||||
Voya Financial, Inc. | 36,330 | 1,707,510 | 1.0 | % | ||||||
Wells Fargo & Company | 55,501 | 3,076,975 | 1.9 | % | ||||||
OTHER SECURITIES | 4,491,972 | 2.7 | % | |||||||
33,266,313 | ||||||||||
Health care - 12.1% | ||||||||||
CVS Health Corp. | 32,508 | 2,091,890 | 1.3 | % | ||||||
Eli Lilly & Company | 56,500 | 4,821,145 | 2.9 | % | ||||||
Medtronic PLC | 61,810 | 5,291,554 | 3.2 | % | ||||||
Merck & Company, Inc. | 75,104 | 4,558,813 | 2.8 | % | ||||||
Novartis AG, ADR | 40,563 | 3,064,129 | 1.9 | % | ||||||
19,827,531 | ||||||||||
Industrials - 6.7% | ||||||||||
BAE Systems PLC | 175,175 | 1,490,268 | 0.9 | % | ||||||
General Electric Company | 218,958 | 2,980,018 | 1.8 | % | ||||||
Sensata Technologies Holding | ||||||||||
PLC (A) | 44,107 | 2,098,611 | 1.3 | % | ||||||
OTHER SECURITIES | 4,476,215 | 2.7 | % | |||||||
11,045,112 | ||||||||||
Information technology - 11.7% | ||||||||||
CA, Inc. | 55,437 | 1,976,329 | 1.2 | % | ||||||
Cisco Systems, Inc. | 78,673 | 3,385,299 | 2.1 | % | ||||||
Cognizant Technology Solutions | ||||||||||
Corp., Class A | 32,015 | 2,528,865 | 1.5 | % | ||||||
Microsoft Corp. | 34,405 | 3,392,677 | 2.1 | % | ||||||
Nokia OYJ | 140,573 | 806,309 | 0.5 | % |
Mutual Shares Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Information | |||||||||||
technology (continued) | |||||||||||
Nokia OYJ, ADR (B) | 127,011 | $ | 730,313 | 0.4 | % | ||||||
Samsung Electronics | |||||||||||
Company, Ltd. | 59,150 | 2,477,768 | 1.5 | % | |||||||
Symantec Corp. | 101,276 | 2,091,349 | 1.3 | % | |||||||
OTHER SECURITIES | 1,853,927 | 1.1 | % | ||||||||
19,242,836 | |||||||||||
Materials - 3.3% | |||||||||||
International Paper Company | 35,024 | 1,824,050 | 1.1 | % | |||||||
OTHER SECURITIES | 3,603,756 | 2.2 | % | ||||||||
5,427,806 | |||||||||||
Real estate - 1.8% | |||||||||||
Vornado Realty Trust | 22,318 | 1,649,747 | 1.0 | % | |||||||
OTHER SECURITIES | 1,378,447 | 0.8 | % | ||||||||
3,028,194 | |||||||||||
Telecommunication | |||||||||||
services - 3.0% | |||||||||||
AT&T, Inc. | 52,487 | 1,685,358 | 1.0 | % | |||||||
T-Mobile US, Inc. (A) | 27,900 | 1,667,025 | 1.0 | % | |||||||
OTHER SECURITIES | 1,633,585 | 1.0 | % | ||||||||
4,985,968 | |||||||||||
Utilities - 3.4% | |||||||||||
Vistra Energy Corp. (A) | 195,183 | 4,618,030 | 2.8 | % | |||||||
OTHER SECURITIES | 880,566 | 0.6 | % | ||||||||
5,498,596 | |||||||||||
TOTAL COMMON STOCKS (Cost $132,653,415) | $ | 144,861,245 | |||||||||
CORPORATE BONDS - 3.1% | |||||||||||
Consumer discretionary - 1.8% | |||||||||||
iHeartCommunications, Inc. | |||||||||||
9.000%, 12/15/2019 (C) | $ | 3,977,000 | 3,012,578 | 1.8 | % | ||||||
Energy - 0.3% | 422,213 | 0.3 | % | ||||||||
Telecommunication | |||||||||||
services - 1.0% | |||||||||||
Frontier Communications Corp. | |||||||||||
10.500%, 09/15/2022 | 905,000 | 821,288 | 0.5 | % | |||||||
Frontier Communications Corp. | |||||||||||
11.000%, 09/15/2025 (B) | 1,015,000 | 811,696 | 0.5 | % | |||||||
1,632,984 | |||||||||||
TOTAL CORPORATE BONDS (Cost $5,974,697) | $ | 5,067,775 | |||||||||
RIGHTS - 0.1% | 117,110 | 0.1 | % | ||||||||
TOTAL RIGHTS (Cost $864,691) | $ | 117,110 | |||||||||
ESCROW | |||||||||||
CERTIFICATES - 0.0% | 41 | 0.0 | % | ||||||||
TOTAL ESCROW CERTIFICATES | |||||||||||
(Cost $3,316) | $ | 41 | |||||||||
SECURITIES LENDING COLLATERAL - 0.9% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (D)(E) | 137,915 | 1,379,649 | 0.9 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $1,379,706) | $ | 1,379,649 | |||||||||
SHORT-TERM INVESTMENTS - 8.3% | |||||||||||
U.S. Government - 4.8% | |||||||||||
U.S. Treasury Bill, 1.599%, | |||||||||||
07/05/2018 * | $ | 2,000,000 | 1,999,725 | 1.2 | % | ||||||
U.S. Treasury Bill, 1.675%, | |||||||||||
07/05/2018 * | 4,000,000 | 3,999,450 | 2.4 | % |
The accompanying notes are an integral part of the financial statements. | 39 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Mutual Shares Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
SHORT-TERM INVESTMENTS (continued) | ||||||||||
U.S. Government (continued) | ||||||||||
U.S. Treasury Bill, 1.890%, | ||||||||||
09/20/2018 * | 2,000,000 | $ | 1,991,656 | 1.2 | % | |||||
7,990,831 | ||||||||||
U.S. Government Agency - 3.5% | ||||||||||
Federal Home Loan Bank | ||||||||||
Discount Note, 1.850%, | ||||||||||
07/02/2018 * | 5,700,000 | 5,700,000 | 3.5 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $13,690,132) | $ | 13,690,831 | ||||||||
Total Investments (Mutual Shares Trust) | ||||||||||
(Cost $154,565,957) - 100.5% | $ | 165,116,651 | 100.5 | % | ||||||
Other assets and liabilities, net - (0.5)% | (792,098 | ) | (0.5 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 164,324,553 | 100.0 | % |
Mutual Shares Trust (continued)
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | Non-income producing - Issuer is in default. | |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
DERIVATIVES
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
EUR | 112,551 | USD | 131,062 | Bank of America, N.A. | 7/26/2018 | $593 | — | ||||||||
EUR | 186,408 | USD | 216,839 | HSBC Bank PLC | 7/26/2018 | 1,208 | — | ||||||||
KRW | 223,688,738 | USD | 205,224 | HSBC Bank PLC | 7/13/2018 | — | ($4,332 | ) | |||||||
USD | 6,494,174 | EUR | 5,568,176 | HSBC Bank PLC | 7/26/2018 | — | (19,120 | ) | |||||||
USD | 8,150,000 | GBP | 6,146,188 | HSBC Bank PLC | 7/16/2018 | 33,865 | — | ||||||||
USD | 2,781,884 | KRW | 3,003,738,738 | HSBC Bank PLC | 7/13/2018 | 84,257 | — | ||||||||
$119,923 | ($23,452 | ) |
Derivatives Currency Abbreviations
EUR | Euro | |
GBP | Pound Sterling | |
KRW | Korean Won | |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Real Estate Securities Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 99.1% | ||||||||||
Consumer discretionary - 1.5% | ||||||||||
Extended Stay America, Inc. | 239,267 | $ | 5,170,560 | 1.5 | % | |||||
Information technology - 0.7% | ||||||||||
InterXion Holding NV (A) | 40,423 | 2,523,204 | 0.7 | % | ||||||
Real estate - 96.9% | ||||||||||
Acadia Realty Trust | 137,421 | 3,761,213 | 1.1 | % | ||||||
Agree Realty Corp. | 137,986 | 7,281,521 | 2.1 | % | ||||||
Alexandria Real Estate | ||||||||||
Equities, Inc. | 113,513 | 14,321,935 | 4.1 | % | ||||||
Americold Realty Trust | 224,105 | 4,934,792 | 1.4 | % | ||||||
Boston Properties, Inc. | 34,321 | 4,304,540 | 1.2 | % | ||||||
Brixmor Property Group, Inc. | 293,417 | 5,114,258 | 1.5 | % | ||||||
Camden Property Trust | 148,060 | 13,492,708 | 3.9 | % | ||||||
Columbia Property Trust, Inc. | 230,132 | 5,226,298 | 1.5 | % | ||||||
CoreSite Realty Corp. | 106,325 | 11,782,937 | 3.4 | % | ||||||
Cousins Properties, Inc. | 486,140 | 4,710,697 | 1.4 | % | ||||||
CubeSmart | 375,343 | 12,093,551 | 3.5 | % | ||||||
CyrusOne, Inc. | 150,524 | 8,784,581 | 2.5 | % | ||||||
DCT Industrial Trust, Inc. | 136,155 | 9,085,623 | 2.6 | % | ||||||
Digital Realty Trust, Inc. | 8,453 | 943,186 | 0.3 | % |
Real Estate Securities Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Real estate (continued) | ||||||||||
Douglas Emmett, Inc. | 284,623 | $ | 11,436,152 | 3.3 | % | |||||
Education Realty Trust, Inc. | 76,176 | 3,161,304 | 0.9 | % | ||||||
Equity LifeStyle Properties, Inc. | 129,863 | 11,934,410 | 3.4 | % | ||||||
Equity Residential | 265,549 | 16,912,816 | 4.8 | % | ||||||
Essential Properties Realty | ||||||||||
Trust, Inc. (A) | 96,808 | 1,310,780 | 0.4 | % | ||||||
Extra Space Storage, Inc. | 127,251 | 12,700,922 | 3.6 | % | ||||||
Federal Realty Investment Trust | 14,541 | 1,840,164 | 0.5 | % | ||||||
First Industrial Realty Trust, Inc. | 179,225 | 5,975,362 | 1.7 | % | ||||||
HCP, Inc. | 213,919 | 5,523,389 | 1.6 | % | ||||||
Host Hotels & Resorts, Inc. | 108,410 | 2,284,199 | 0.7 | % | ||||||
Invitation Homes, Inc. | 213,099 | 4,914,063 | 1.4 | % | ||||||
JBG SMITH Properties | 78,062 | 2,846,921 | 0.8 | % | ||||||
Kimco Realty Corp. | 105,472 | 1,791,969 | 0.5 | % | ||||||
LaSalle Hotel Properties | 43,471 | 1,488,012 | 0.4 | % | ||||||
Life Storage, Inc. | 42,482 | 4,133,923 | 1.2 | % | ||||||
MGM Growth Properties LLC, | ||||||||||
Class A | 148,304 | 4,517,340 | 1.3 | % |
The accompanying notes are an integral part of the financial statements. | 40 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Real Estate Securities Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Real estate (continued) | ||||||||||
Mid-America Apartment | ||||||||||
Communities, Inc. | 106,509 | $ | 10,722,261 | 3.1 | % | |||||
National Retail Properties, Inc. | 173,338 | 7,619,938 | 2.2 | % | ||||||
Omega Healthcare Investors, Inc. | 207,489 | 6,432,159 | 1.8 | % | ||||||
Physicians Realty Trust | 249,860 | 3,982,768 | 1.1 | % | ||||||
Prologis, Inc. | 122,365 | 8,038,157 | 2.3 | % | ||||||
Public Storage | 19,915 | 4,517,917 | 1.3 | % | ||||||
Rayonier, Inc. | 113,291 | 4,383,229 | 1.3 | % | ||||||
Retail Properties of America, Inc., | ||||||||||
Class A | 441,552 | 5,643,035 | 1.6 | % | ||||||
Rexford Industrial Realty, Inc. | 225,720 | 7,085,351 | 2.0 | % | ||||||
Ryman Hospitality Properties, Inc. | 101,615 | 8,449,287 | 2.4 | % | ||||||
Simon Property Group, Inc. | 171,682 | 29,218,560 | 8.4 | % | ||||||
STORE Capital Corp. | 383,726 | 10,514,092 | 3.0 | % | ||||||
Sunstone Hotel Investors, Inc. | 449,753 | 7,474,895 | 2.1 | % | ||||||
Ventas, Inc. | 80,624 | 4,591,537 | 1.3 | % | ||||||
VICI Properties, Inc. | 243,486 | 5,025,551 | 1.4 | % | ||||||
Welltower, Inc. | 254,400 | 15,948,334 | 4.6 | % | ||||||
338,256,637 | ||||||||||
TOTAL COMMON STOCKS (Cost $326,571,631) | $ | 345,950,401 | ||||||||
SHORT-TERM INVESTMENTS - 1.0% | ||||||||||
Money market funds - 1.0% | ||||||||||
State Street Institutional | ||||||||||
U.S. Government Money | ||||||||||
Market Fund, Premier Class, | ||||||||||
1.8098% (B) | 3,700,823 | 3,700,823 | 1.0 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $3,700,823) | $ | 3,700,823 | ||||||||
Total Investments (Real Estate Securities Trust) | ||||||||||
(Cost $330,272,454) - 100.1% | $ | 349,651,224 | 100.1 | % | ||||||
Other assets and liabilities, net - (0.1)% | (429,400 | ) | (0.1 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 349,221,824 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
Science & Technology Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 93.3% | ||||||||||
Consumer discretionary - 14.6% | ||||||||||
Amazon.com, Inc. (A) | 27,815 | $ | 47,279,937 | 5.5 | % | |||||
Booking Holdings, Inc. (A) | 6,222 | 12,612,554 | 1.5 | % | ||||||
Ctrip.com International, Ltd., | ||||||||||
ADR (A) | 523,124 | 24,916,396 | 2.9 | % | ||||||
Liberty Global PLC, Series C (A) | 390,941 | 10,402,940 | 1.2 | % | ||||||
Netflix, Inc. (A) | 42,660 | 16,698,404 | 1.9 | % | ||||||
Tesla, Inc. (A)(B) | 17,097 | 5,863,416 | 0.7 | % | ||||||
Zalando SE (A)(C) | 87,363 | 4,868,912 | 0.6 | % | ||||||
OTHER SECURITIES | 2,619,500 | 0.3 | % | |||||||
125,262,059 | ||||||||||
Health care - 1.7% | ||||||||||
Roche Holding AG | 35,955 | 7,976,904 | 1.0 | % | ||||||
OTHER SECURITIES | 6,308,069 | 0.7 | % | |||||||
14,284,973 | ||||||||||
Industrials - 0.6% | 4,988,012 | 0.6 | % | |||||||
Information technology - 75.6% | ||||||||||
Alphabet, Inc., Class A (A) | 5,667 | 6,399,120 | 0.8 | % | ||||||
Alphabet, Inc., Class C (A) | 27,404 | 30,573,273 | 3.6 | % |
Science & Technology Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Information | ||||||||||
technology (continued) | ||||||||||
Altaba, Inc. (A) | 283,900 | $ | 20,784,319 | 2.4 | % | |||||
Apple, Inc. | 115,650 | 21,407,972 | 2.5 | % | ||||||
Arista Networks, Inc. (A) | 21,910 | 5,641,606 | 0.7 | % | ||||||
Broadcom, Inc. | 103,576 | 25,131,681 | 2.9 | % | ||||||
Cree, Inc. (A) | 155,775 | 6,475,567 | 0.8 | % | ||||||
DXC Technology Company | 111,795 | 9,011,795 | 1.1 | % | ||||||
Facebook, Inc., Class A (A) | 247,615 | 48,116,547 | 5.6 | % | ||||||
Intuit, Inc. | 51,379 | 10,496,987 | 1.2 | % | ||||||
Lam Research Corp. | 86,750 | 14,994,738 | 1.8 | % | ||||||
Largan Precision Company, Ltd. | 56,000 | 8,226,814 | 1.0 | % | ||||||
Mail.Ru Group, Ltd., GDR (A) | 271,653 | 7,846,252 | 0.9 | % | ||||||
Marvell Technology Group, Ltd. | 418,200 | 8,966,208 | 1.1 | % | ||||||
Maxim Integrated Products, Inc. | 111,000 | 6,511,260 | 0.8 | % | ||||||
Microchip Technology, Inc. | 103,055 | 9,372,852 | 1.1 | % | ||||||
Micron Technology, Inc. (A) | 503,995 | 26,429,498 | 3.1 | % | ||||||
Microsoft Corp. | 421,494 | 41,563,523 | 4.9 | % | ||||||
NAVER Corp. | 18,535 | 12,683,585 | 1.5 | % | ||||||
NetApp, Inc. | 266,320 | 20,914,110 | 2.4 | % | ||||||
NVIDIA Corp. | 33,395 | 7,911,276 | 0.9 | % | ||||||
Okta, Inc. (A) | 165,810 | 8,351,850 | 1.0 | % | ||||||
Palo Alto Networks, Inc. (A) | 42,360 | 8,703,709 | 1.0 | % | ||||||
Paycom Software, Inc. (A) | 109,310 | 10,803,107 | 1.3 | % | ||||||
PayPal Holdings, Inc. (A) | 104,025 | 8,662,162 | 1.0 | % | ||||||
Proofpoint, Inc. (A) | 91,270 | 10,524,344 | 1.2 | % | ||||||
Qorvo, Inc. (A) | 79,487 | 6,372,473 | 0.7 | % | ||||||
QUALCOMM, Inc. | 397,100 | 22,285,252 | 2.6 | % | ||||||
Red Hat, Inc. (A) | 63,411 | 8,520,536 | 1.0 | % | ||||||
RingCentral, Inc., Class A (A) | 118,315 | 8,323,460 | 1.0 | % | ||||||
salesforce.com, Inc. (A) | 137,367 | 18,736,859 | 2.2 | % | ||||||
Samsung Electronics | ||||||||||
Company, Ltd. | 260,516 | 10,912,902 | 1.3 | % | ||||||
ServiceNow, Inc. (A) | 103,400 | 17,833,398 | 2.1 | % | ||||||
Square, Inc., Class A (A) | 306,220 | 18,875,401 | 2.2 | % | ||||||
Symantec Corp. | 293,040 | 6,051,276 | 0.7 | % | ||||||
Synopsys, Inc. (A) | 92,600 | 7,923,782 | 0.9 | % | ||||||
Tableau Software, Inc., | ||||||||||
Class A (A) | 58,640 | 5,732,060 | 0.7 | % | ||||||
Tencent Holdings, Ltd. | 294,040 | 14,765,328 | 1.7 | % | ||||||
Texas Instruments, Inc. | 70,047 | 7,722,682 | 0.9 | % | ||||||
Workday, Inc., Class A (A) | 115,190 | 13,951,813 | 1.6 | % | ||||||
OTHER SECURITIES | 81,470,874 | 9.4 | % | |||||||
645,982,251 | ||||||||||
Materials - 0.6% | ||||||||||
DowDuPont, Inc. | 73,300 | 4,831,936 | 0.6 | % | ||||||
Telecommunication | ||||||||||
services - 0.2% | 1,863,751 | 0.2 | % | |||||||
TOTAL COMMON STOCKS (Cost $668,981,285) | $ | 797,212,982 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 0.2% | ||||||||||
Information technology - 0.2% | 1,397,986 | 0.2 | % | |||||||
TOTAL PREFERRED SECURITIES | ||||||||||
(Cost $1,063,751) | $ | 1,397,986 | ||||||||
SECURITIES LENDING COLLATERAL - 3.7% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (D)(E) | 3,212,179 | 32,133,355 | 3.7 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $32,135,143) | $ | 32,133,355 |
The accompanying notes are an integral part of the financial statements. | 41 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Science & Technology Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SHORT-TERM INVESTMENTS - 6.4% | |||||||||||
Money market funds - 3.0% | |||||||||||
T. Rowe Price Government | |||||||||||
Reserve Fund, 2.1583% (D) | 24,909,082 | $ | 24,909,082 | 2.9 | % | ||||||
OTHER SECURITIES | 501,269 | 0.1 | % | ||||||||
25,410,351 | |||||||||||
Repurchase agreement - 3.4% | |||||||||||
Repurchase Agreement with State | |||||||||||
Street Corp. dated 6-29-18 at | |||||||||||
0.900% to be repurchased at | |||||||||||
$29,245,193 on 7-2-18, | |||||||||||
collateralized by $29,750,000 | |||||||||||
U.S. Treasury Notes, 1.375% | |||||||||||
due 12-31-18 (valued at | |||||||||||
$29,830,266, including interest) | $ | 29,243,000 | 29,243,000 | 3.4 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $54,653,351) | $ | 54,653,351 | |||||||||
Total Investments (Science & Technology Trust) | |||||||||||
(Cost $756,833,530) - 103.6% | $ | 885,397,674 | 103.6 | % | |||||||
Other assets and liabilities, net - (3.6)% | (30,994,856 | ) | (3.6 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 854,402,818 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. | |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Small Cap Index Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 96.7% | |||||||||||
Consumer discretionary - 12.9% | |||||||||||
Five Below, Inc. (A) | 15,421 | $ | 1,506,786 | 0.2 | % | ||||||
Planet Fitness, Inc., Class A (A) | 24,892 | 1,093,754 | 0.2 | % | |||||||
Texas Roadhouse, Inc. | 19,080 | 1,249,931 | 0.2 | % | |||||||
Weight Watchers | |||||||||||
International, Inc. (A) | 10,905 | 1,102,496 | 0.2 | % | |||||||
OTHER SECURITIES | 77,907,502 | 12.1 | % | ||||||||
82,860,469 | |||||||||||
Consumer staples - 2.7% | 17,258,748 | 2.7 | % | ||||||||
Energy - 4.8% | |||||||||||
Delek US Holdings, Inc. | 23,616 | 1,184,815 | 0.2 | % | |||||||
PDC Energy, Inc. (A) | 18,812 | 1,137,185 | 0.2 | % | |||||||
OTHER SECURITIES | 28,757,545 | 4.4 | % | ||||||||
31,079,545 | |||||||||||
Financials - 17.3% | |||||||||||
Chemical Financial Corp. | 19,886 | 1,107,054 | 0.2 | % | |||||||
FirstCash, Inc. | 12,499 | 1,123,035 | 0.2 | % | |||||||
Hancock Whitney Corp. | 23,560 | 1,099,074 | 0.2 | % | |||||||
IBERIABANK Corp. | 15,577 | 1,180,737 | 0.2 | % | |||||||
MB Financial, Inc. | 23,303 | 1,088,250 | 0.2 | % | |||||||
MGIC Investment Corp. (A) | 104,961 | 1,125,182 | 0.2 | % | |||||||
Primerica, Inc. | 12,246 | 1,219,702 | 0.2 | % | |||||||
Valley National Bancorp | 89,401 | 1,087,116 | 0.2 | % |
Small Cap Index Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Financials (continued) | ||||||||||
OTHER SECURITIES | $ | 102,391,222 | 15.7 | % | ||||||
111,421,372 | ||||||||||
Health care - 15.1% | ||||||||||
FibroGen, Inc. (A) | 21,254 | 1,330,500 | 0.2 | % | ||||||
Haemonetics Corp. (A) | 15,113 | 1,355,334 | 0.2 | % | ||||||
HealthEquity, Inc. (A) | 15,331 | 1,151,358 | 0.2 | % | ||||||
Ligand Pharmaceuticals, Inc. (A) | 5,915 | 1,225,411 | 0.2 | % | ||||||
LivaNova PLC (A) | 13,668 | 1,364,340 | 0.2 | % | ||||||
Loxo Oncology, Inc. (A) | 7,536 | 1,307,345 | 0.2 | % | ||||||
Medidata Solutions, Inc. (A) | 16,301 | 1,313,209 | 0.2 | % | ||||||
Neogen Corp. (A) | 14,205 | 1,139,099 | 0.2 | % | ||||||
OTHER SECURITIES | 87,047,659 | 13.5 | % | |||||||
97,234,255 | ||||||||||
Industrials - 14.4% | ||||||||||
ASGN, Inc. (A) | 14,332 | 1,120,619 | 0.2 | % | ||||||
EMCOR Group, Inc. | 16,184 | 1,232,897 | 0.2 | % | ||||||
The Brink’s Company | 14,191 | 1,131,732 | 0.2 | % | ||||||
Woodward, Inc. | 14,991 | 1,152,208 | 0.2 | % | ||||||
OTHER SECURITIES | 88,091,917 | 13.6 | % | |||||||
92,729,373 | ||||||||||
Information technology - 14.4% | ||||||||||
Blackbaud, Inc. | 13,551 | 1,388,300 | 0.2 | % | ||||||
CACI International, Inc., | ||||||||||
Class A (A) | 6,878 | 1,159,287 | 0.2 | % | ||||||
Cree, Inc. (A) | 28,379 | 1,179,715 | 0.2 | % | ||||||
Entegris, Inc. | 40,042 | 1,357,424 | 0.2 | % | ||||||
Etsy, Inc. (A) | 33,795 | 1,425,811 | 0.2 | % | ||||||
HubSpot, Inc. (A) | 10,244 | 1,284,598 | 0.2 | % | ||||||
Integrated Device | ||||||||||
Technology, Inc. (A) | 37,416 | 1,192,822 | 0.2 | % | ||||||
j2 Global, Inc. | 13,171 | 1,140,740 | 0.2 | % | ||||||
MAXIMUS, Inc. | 18,264 | 1,134,377 | 0.2 | % | ||||||
New Relic, Inc. (A) | 12,521 | 1,259,487 | 0.2 | % | ||||||
Silicon Laboratories, Inc. (A) | 12,086 | 1,203,766 | 0.2 | % | ||||||
Stamps.com, Inc. (A)(B) | 4,864 | 1,230,835 | 0.2 | % | ||||||
OTHER SECURITIES | 77,572,225 | 12.0 | % | |||||||
92,529,387 | ||||||||||
Materials - 4.2% | ||||||||||
Louisiana-Pacific Corp. | 40,796 | 1,110,467 | 0.2 | % | ||||||
OTHER SECURITIES | 25,798,521 | 4.0 | % | |||||||
26,908,988 | ||||||||||
Real estate - 7.0% | ||||||||||
Cousins Properties, Inc. | 117,403 | 1,137,635 | 0.2 | % | ||||||
First Industrial Realty Trust, Inc. | 34,577 | 1,152,797 | 0.2 | % | ||||||
Gramercy Property Trust | 45,368 | 1,239,454 | 0.2 | % | ||||||
Sabra Health Care REIT, Inc. | 50,320 | 1,093,454 | 0.2 | % | ||||||
OTHER SECURITIES | 40,546,628 | 6.2 | % | |||||||
45,169,968 | ||||||||||
Telecommunication | ||||||||||
services - 0.7% | 4,192,483 | 0.7 | % | |||||||
Utilities - 3.2% | ||||||||||
ALLETE, Inc. | 14,360 | 1,111,608 | 0.2 | % | ||||||
IDACORP, Inc. | 14,151 | 1,305,288 | 0.2 | % | ||||||
New Jersey Resources Corp. | 24,466 | 1,094,854 | 0.2 | % | ||||||
WGL Holdings, Inc. | 14,297 | 1,268,859 | 0.2 | % | ||||||
OTHER SECURITIES | 15,790,492 | 2.4 | % | |||||||
20,571,101 | ||||||||||
TOTAL COMMON STOCKS (Cost $448,324,614) | $ | 621,955,689 |
The accompanying notes are an integral part of the financial statements. | 42 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Small Cap Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.0% | |||||||||||
Consumer discretionary - 0.0% | $ | 35,042 | 0.0 | % | |||||||
TOTAL PREFERRED SECURITIES (Cost $7,218) | $ | 35,042 | |||||||||
WARRANTS - 0.0% | 14 | 0.0 | % | ||||||||
TOTAL WARRANTS (Cost $0) | $ | 14 | |||||||||
SECURITIES LENDING | |||||||||||
COLLATERAL - 10.1% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 6,499,339 | 65,016,790 | 10.1 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $65,018,434) | $ | 65,016,790 | |||||||||
SHORT-TERM INVESTMENTS - 3.1% | |||||||||||
U.S. Government Agency - 2.3% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/06/2018 * | $ | 5,000,000 | 4,990,665 | 0.8 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/08/2018 * | 10,000,000 | 9,980,270 | 1.5 | % | |||||||
14,970,935 | |||||||||||
Repurchase agreement - 0.8% | |||||||||||
Repurchase Agreement with State | |||||||||||
Street Corp. dated 6-29-18 at | |||||||||||
0.900% to be repurchased at | |||||||||||
$5,021,377 on 7-2-18, | |||||||||||
collateralized by $5,185,000 | |||||||||||
U.S. Treasury Notes, 2.000% | |||||||||||
due 12-31-21 (valued at | |||||||||||
$5,122,101, including interest) | 5,021,000 | 5,021,000 | 0.8 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $19,991,547) | $ | 19,991,935 | |||||||||
Total Investments (Small Cap Index Trust) | |||||||||||
(Cost $533,341,813) - 109.9% | $ | 706,999,470 | 109.9 | % | |||||||
Other assets and liabilities, net - (9.9)% | (63,485,784 | ) | (9.9 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 643,513,686 | 100.0 | % |
Small Cap Index Trust (continued)
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
Russell 2000 Index E-Mini Futures | 271 | Long | Sep 2018 | $22,693,612 | $22,323,625 | $(369,987 | ) | ||||||
$(369,987 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Small Cap Opportunities Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 99.5% | |||||||||||
Consumer discretionary - 14.6% | |||||||||||
Burlington Stores, Inc. (A) | 10,811 | $ | 1,627,380 | 1.0 | % | ||||||
Chuy’s Holdings, Inc. (A) | 19,480 | 598,036 | 0.4 | % | |||||||
Dave & Buster’s | |||||||||||
Entertainment, Inc. (A) | 13,351 | 635,508 | 0.4 | % | |||||||
Five Below, Inc. (A) | 10,224 | 998,987 | 0.6 | % | |||||||
Fox Factory Holding Corp. (A) | 19,424 | 904,187 | 0.6 | % |
Small Cap Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Consumer | |||||||||||
discretionary (continued) | |||||||||||
Grand Canyon Education, Inc. (A) | 13,301 | $ | 1,484,525 | 0.9 | % | ||||||
Oxford Industries, Inc. | 7,735 | 641,850 | 0.4 | % | |||||||
Pool Corp. | 3,942 | 597,213 | 0.4 | % |
The accompanying notes are an integral part of the financial statements. | 43 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Small Cap Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Consumer | |||||||||||
discretionary (continued) | |||||||||||
OTHER SECURITIES | $ | 16,240,043 | 9.9 | % | |||||||
23,727,729 | |||||||||||
Consumer staples - 2.7% | 4,382,634 | 2.7 | % | ||||||||
Energy - 7.2% | |||||||||||
Matador Resources Company (A) | 23,549 | 707,647 | 0.4 | % | |||||||
OTHER SECURITIES | 11,049,481 | 6.8 | % | ||||||||
11,757,128 | |||||||||||
Financials - 21.3% | |||||||||||
Ameris Bancorp | 16,107 | 859,308 | 0.5 | % | |||||||
People’s United Financial, Inc. | 33,652 | 608,765 | 0.4 | % | |||||||
Pinnacle Financial Partners, Inc. | 9,910 | 607,979 | 0.4 | % | |||||||
Texas Capital Bancshares, Inc. (A) | 6,512 | 595,848 | 0.4 | % | |||||||
OTHER SECURITIES | 32,014,098 | 19.6 | % | ||||||||
34,685,998 | |||||||||||
Health care - 11.2% | |||||||||||
Acadia Healthcare | |||||||||||
Company, Inc. (A) | 14,499 | 593,154 | 0.4 | % | |||||||
Cardiovascular Systems, Inc. (A) | 24,775 | 801,224 | 0.5 | % | |||||||
Catalent, Inc. (A) | 21,675 | 907,966 | 0.6 | % | |||||||
Cotiviti Holdings, Inc. (A) | 17,122 | 755,594 | 0.5 | % | |||||||
Global Blood | |||||||||||
Therapeutics, Inc. (A) | 13,999 | 632,755 | 0.4 | % | |||||||
Globus Medical, Inc., Class A (A) | 19,574 | 987,704 | 0.6 | % | |||||||
ICU Medical, Inc. (A) | 3,775 | 1,108,529 | 0.7 | % | |||||||
Medidata Solutions, Inc. (A) | 12,180 | 981,221 | 0.6 | % | |||||||
Neurocrine Biosciences, Inc. (A) | 8,323 | 817,652 | 0.5 | % | |||||||
Syneos Health, Inc. (A) | 16,208 | 760,155 | 0.5 | % | |||||||
OTHER SECURITIES | 9,989,110 | 5.9 | % | ||||||||
18,335,064 | |||||||||||
Industrials - 20.9% | |||||||||||
Cubic Corp. | 9,510 | 610,542 | 0.4 | % | |||||||
Exponent, Inc. | 22,504 | 1,086,943 | 0.7 | % | |||||||
HEICO Corp. | 17,384 | 1,267,797 | 0.8 | % | |||||||
Jacobs Engineering Group, Inc. | 9,788 | 621,440 | 0.4 | % | |||||||
Ritchie Brothers Auctioneers, Inc. | 23,348 | 796,634 | 0.5 | % | |||||||
SiteOne Landscape | |||||||||||
Supply, Inc. (A) | 12,110 | 1,016,877 | 0.6 | % | |||||||
Spartan Motors, Inc. | 51,651 | 779,930 | 0.5 | % | |||||||
WageWorks, Inc. (A) | 12,484 | 624,200 | 0.4 | % | |||||||
Woodward, Inc. | 8,382 | 644,241 | 0.4 | % | |||||||
OTHER SECURITIES | 26,644,208 | 16.2 | % | ||||||||
34,092,812 | |||||||||||
Information technology - 14.5% | |||||||||||
Arrow Electronics, Inc. (A) | 9,245 | 695,964 | 0.4 | % | |||||||
Blackbaud, Inc. | 7,798 | 798,905 | 0.5 | % | |||||||
Bottomline Technologies, Inc. (A) | 12,097 | 602,794 | 0.4 | % | |||||||
Cabot Microelectronics Corp. | 6,043 | 649,985 | 0.4 | % | |||||||
EPAM Systems, Inc. (A) | 9,169 | 1,139,982 | 0.7 | % | |||||||
HubSpot, Inc. (A) | 8,827 | 1,106,906 | 0.7 | % | |||||||
LogMeIn, Inc. | 7,725 | 797,606 | 0.5 | % | |||||||
Mimecast, Ltd. (A) | 16,506 | 680,212 | 0.4 | % | |||||||
Power Integrations, Inc. | 10,124 | 739,558 | 0.5 | % | |||||||
Rapid7, Inc. (A) | 23,691 | 668,560 | 0.4 | % | |||||||
Silicon Laboratories, Inc. (A) | 9,209 | 917,216 | 0.6 | % | |||||||
Zebra Technologies Corp., | |||||||||||
Class A (A) | 4,896 | 701,352 | 0.4 | % | |||||||
OTHER SECURITIES | 14,163,584 | 8.6 | % | ||||||||
23,662,624 | |||||||||||
Materials - 5.3% | |||||||||||
Balchem Corp. | 9,721 | 954,019 | 0.6 | % |
Small Cap Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Materials (continued) | |||||||||||
KapStone Paper and | |||||||||||
Packaging Corp. | 26,509 | $ | 914,561 | 0.6 | % | ||||||
PolyOne Corp. | 19,556 | 845,210 | 0.5 | % | |||||||
Reliance Steel & | |||||||||||
Aluminum Company | 7,223 | 632,301 | 0.4 | % | |||||||
OTHER SECURITIES | 5,273,114 | 3.2 | % | ||||||||
8,619,205 | |||||||||||
Real estate - 1.2% | |||||||||||
STAG Industrial, Inc. | 24,882 | 677,537 | 0.4 | % | |||||||
OTHER SECURITIES | 1,344,826 | 0.8 | % | ||||||||
2,022,363 | |||||||||||
Telecommunication | |||||||||||
services - 0.5% | 802,145 | 0.5 | % | ||||||||
Utilities - 0.1% | 146,964 | 0.1 | % | ||||||||
TOTAL COMMON STOCKS (Cost $132,166,841) | $ | 162,234,666 | |||||||||
SECURITIES LENDING COLLATERAL - 3.7% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (B)(C) | 603,342 | 6,035,596 | 3.7 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $6,036,014) | $ | 6,035,596 | |||||||||
SHORT-TERM INVESTMENTS - 0.6% | |||||||||||
Money market funds - 0.6% | |||||||||||
State Street Institutional Treasury | |||||||||||
Money Market Fund, Premier | |||||||||||
Class, 1.7355% (B) | 620,516 | 620,516 | 0.4 | % | |||||||
OTHER SECURITIES | 344,610 | 0.2 | % | ||||||||
965,126 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $965,126) | $ | 965,126 | |||||||||
Total Investments (Small Cap Opportunities | |||||||||||
Trust) (Cost $139,167,981) - 103.8% | $ | 169,235,388 | 103.8 | % | |||||||
Other assets and liabilities, net - (3.8)% | (6,238,232 | ) | (3.8 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 162,997,156 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(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. |
Small Cap Stock Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 96.4% | |||||||||||
Consumer discretionary - 14.4% | |||||||||||
Boyd Gaming Corp. | 222,928 | $ | 7,726,684 | 1.6 | % | ||||||
Floor & Decor Holdings, Inc., | |||||||||||
Class A (A) | 151,530 | 7,474,975 | 1.6 | % | |||||||
Marriott Vacations | |||||||||||
Worldwide Corp. | 55,159 | 6,230,761 | 1.3 | % | |||||||
Planet Fitness, Inc., Class A (A) | 250,774 | 11,019,010 | 2.3 | % | |||||||
Shutterfly, Inc. (A) | 81,987 | 7,381,290 | 1.5 | % | |||||||
Under Armour, Inc., Class A (A) | 14,707 | 330,613 | 0.1 | % | |||||||
Under Armour, Inc., | |||||||||||
Class C (A)(B) | 257,083 | 5,419,310 | 1.1 | % | |||||||
Wayfair, Inc., Class A (A)(B) | 50,593 | 6,008,425 | 1.3 | % |
The accompanying notes are an integral part of the financial statements. | 44 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Small Cap Stock Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Consumer | |||||||||||
discretionary (continued) | |||||||||||
OTHER SECURITIES | $ | 17,387,123 | 3.6 | % | |||||||
68,978,191 | |||||||||||
Consumer staples - 1.8% | |||||||||||
Performance Food Group | |||||||||||
Company (A) | 238,653 | 8,758,565 | 1.8 | % | |||||||
Energy - 1.6% | |||||||||||
Centennial Resource | |||||||||||
Development, Inc., | |||||||||||
Class A (A)(B) | 324,670 | 5,863,540 | 1.2 | % | |||||||
OTHER SECURITIES | 1,803,097 | 0.4 | % | ||||||||
7,666,637 | |||||||||||
Financials - 7.1% | |||||||||||
BancorpSouth Bank | 139,341 | 4,591,286 | 1.0 | % | |||||||
Green Dot Corp., Class A (A) | 67,754 | 4,972,466 | 1.0 | % | |||||||
Sterling Bancorp (B) | 210,339 | 4,942,967 | 1.0 | % | |||||||
Texas Capital Bancshares, Inc. (A) | 50,986 | 4,665,219 | 1.0 | % | |||||||
Union Bankshares Corp. | 114,065 | 4,434,847 | 0.9 | % | |||||||
OTHER SECURITIES | 10,507,292 | 2.2 | % | ||||||||
34,114,077 | |||||||||||
Health care - 23.7% | |||||||||||
Aerie Pharmaceuticals, Inc. (A) | 76,341 | 5,156,835 | 1.1 | % | |||||||
Exact Sciences Corp. (A) | 92,080 | 5,505,463 | 1.2 | % | |||||||
Globus Medical, Inc., Class A (A) | 102,377 | 5,165,943 | 1.1 | % | |||||||
Hill-Rom Holdings, Inc. | 54,205 | 4,734,265 | 1.0 | % | |||||||
Insulet Corp. (A) | 128,739 | 11,032,932 | 2.3 | % | |||||||
Omnicell, Inc. (A) | 104,782 | 5,495,816 | 1.1 | % | |||||||
PRA Health Sciences, Inc. (A) | 67,941 | 6,342,972 | 1.3 | % | |||||||
Syneos Health, Inc. (A) | 102,303 | 4,798,011 | 1.0 | % | |||||||
OTHER SECURITIES | 65,013,799 | 13.6 | % | ||||||||
113,246,036 | |||||||||||
Industrials - 16.1% | |||||||||||
Actuant Corp., Class A | 221,583 | 6,503,461 | 1.4 | % | |||||||
Beacon Roofing Supply, Inc. (A) | 113,751 | 4,848,068 | 1.0 | % | |||||||
CoStar Group, Inc. (A) | 14,457 | 5,965,392 | 1.2 | % | |||||||
EnerSys | 69,193 | 5,164,566 | 1.1 | % | |||||||
ITT, Inc. | 128,281 | 6,705,248 | 1.4 | % | |||||||
Rexnord Corp. (A) | 350,737 | 10,192,417 | 2.1 | % | |||||||
Schneider National, Inc., Class B | 168,554 | 4,636,921 | 1.0 | % | |||||||
SPX FLOW, Inc. (A) | 128,523 | 5,625,452 | 1.2 | % | |||||||
The Brink’s Company | 87,397 | 6,969,911 | 1.4 | % | |||||||
OTHER SECURITIES | 20,386,733 | 4.3 | % | ||||||||
76,998,169 | |||||||||||
Information technology - 22.0% | |||||||||||
2U, Inc. (A) | 62,109 | 5,189,828 | 1.1 | % | |||||||
EPAM Systems, Inc. (A) | 43,198 | 5,370,807 | 1.1 | % | |||||||
Everbridge, Inc. (A) | 96,522 | 4,577,073 | 1.0 | % | |||||||
Fair Isaac Corp. (A) | 30,035 | 5,806,366 | 1.2 | % | |||||||
Globant SA (A)(B) | 95,100 | 5,400,729 | 1.1 | % | |||||||
Guidewire Software, Inc. (A) | 49,764 | 4,418,048 | 0.9 | % | |||||||
HubSpot, Inc. (A) | 49,050 | 6,150,870 | 1.3 | % | |||||||
II-VI, Inc. (A) | 114,951 | 4,994,621 | 1.0 | % | |||||||
Mimecast, Ltd. (A) | 209,464 | 8,632,011 | 1.8 | % | |||||||
SendGrid, Inc. (A)(B) | 183,151 | 4,857,165 | 1.0 | % | |||||||
The Trade Desk, Inc., | |||||||||||
Class A (A)(B) | 99,654 | 9,347,545 | 2.0 | % | |||||||
Wix.com, Ltd. (A) | 56,053 | 5,622,111 | 1.2 | % | |||||||
Zuora, Inc. (A) | 201,854 | 5,257,086 | 1.1 | % | |||||||
Zuora, Inc., Class A (A)(B) | 7,200 | 195,840 | 0.0 | % | |||||||
OTHER SECURITIES | 29,708,339 | 6.2 | % | ||||||||
105,528,439 |
Small Cap Stock Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Materials - 6.1% | |||||||||||
Cabot Corp. | 86,086 | $ | 5,317,532 | 1.1 | % | ||||||
Carpenter Technology Corp. | 133,254 | 7,005,163 | 1.5 | % | |||||||
Ferro Corp. (A) | 343,999 | 7,172,379 | 1.5 | % | |||||||
Ingevity Corp. (A) | 58,939 | 4,765,808 | 1.0 | % | |||||||
Summit Materials, Inc., | |||||||||||
Class A (A) | 193,679 | 5,084,074 | 1.0 | % | |||||||
29,344,956 | |||||||||||
Real estate - 2.4% | 11,344,634 | 2.4 | % | ||||||||
Telecommunication | |||||||||||
services - 1.2% | 5,731,439 | 1.2 | % | ||||||||
TOTAL COMMON STOCKS (Cost $380,201,158) | $ | 461,711,143 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.6% | |||||||||||
Consumer discretionary - 0.2% | 974,118 | 0.2 | % | ||||||||
Information technology - 0.4% | 1,649,297 | 0.4 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $3,015,165) | $ | 2,623,415 | |||||||||
EXCHANGE-TRADED | |||||||||||
FUNDS - 0.8% | 3,800,538 | 0.8 | % | ||||||||
TOTAL EXCHANGE-TRADED FUNDS | |||||||||||
(Cost $3,867,126) | $ | 3,800,538 | |||||||||
SECURITIES LENDING COLLATERAL - 6.9% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (C)(D) | 3,283,001 | 32,841,833 | 6.9 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $32,843,767) | $ | 32,841,833 | |||||||||
SHORT-TERM INVESTMENTS - 1.2% | |||||||||||
Repurchase agreement - 1.2% | |||||||||||
Societe Generale SA Tri-Party | |||||||||||
Repurchase Agreement dated | |||||||||||
6-29-18 at 2.100% to be | |||||||||||
repurchased at $5,901,033 on | |||||||||||
7-2-18, collateralized by | |||||||||||
$1,556,200 U.S. Treasury | |||||||||||
Bonds, 2.750% due 11-15-42 | |||||||||||
(valued at $1,502,103, including | |||||||||||
interest), and $4,522,800 | |||||||||||
U.S. Treasury Notes, 1.625% - | |||||||||||
2.875% due 8-15-21 to 4-30-25 | |||||||||||
(valued at $4,515,926, | |||||||||||
including interest) | $ | 5,900,000 | 5,900,000 | 1.2 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $5,900,000) | $ | 5,900,000 | |||||||||
Total Investments (Small Cap Stock Trust) | |||||||||||
(Cost $425,827,216) - 105.9% | $ | 506,876,929 | 105.9 | % | |||||||
Other assets and liabilities, net - (5.9)% | (28,067,927 | ) | (5.9 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 478,809,002 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. | |
(B) | A portion of this security is on loan as of 6-30-18. | |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. | |
This security represents the investment of cash collateral received for | ||
securities lending. |
The accompanying notes are an integral part of the financial statements. | 45 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Small Cap Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 96.9% | ||||||||||
Consumer discretionary - 4.0% | ||||||||||
Gentherm, Inc. (A) | 153,219 | $ | 6,021,507 | 1.0 | % | |||||
TRI Pointe Group, Inc. (A) | 479,605 | 7,846,338 | 1.3 | % | ||||||
OTHER SECURITIES | 10,828,907 | 1.7 | % | |||||||
24,696,752 | ||||||||||
Consumer staples - 3.2% | ||||||||||
C&C Group PLC | 2,279,133 | 8,615,885 | 1.4 | % | ||||||
Cranswick PLC | 205,011 | 9,104,661 | 1.5 | % | ||||||
OTHER SECURITIES | 1,858,780 | 0.3 | % | |||||||
19,579,326 | ||||||||||
Energy - 4.8% | ||||||||||
SEACOR Holdings, Inc. (A) | 128,903 | 7,382,275 | 1.2 | % | ||||||
OTHER SECURITIES | 22,128,413 | 3.6 | % | |||||||
29,510,688 | ||||||||||
Financials - 20.9% | ||||||||||
1st Source Corp. | 114,515 | 6,118,536 | 1.0 | % | ||||||
Banc of California, Inc. (B) | 434,965 | 8,503,566 | 1.4 | % | ||||||
First Busey Corp. | 246,073 | 7,805,436 | 1.3 | % | ||||||
First Midwest Bancorp, Inc. | 578,576 | 14,736,331 | 2.4 | % | ||||||
Flushing Financial Corp. | 269,166 | 7,025,233 | 1.1 | % | ||||||
Great Western Bancorp, Inc. | 276,036 | 11,590,752 | 1.9 | % | ||||||
International Bancshares Corp. | 246,179 | 10,536,461 | 1.7 | % | ||||||
Kemper Corp. | 143,355 | 10,844,806 | 1.7 | % | ||||||
MB Financial, Inc. | 281,753 | 13,157,865 | 2.1 | % | ||||||
Northwest Bancshares, Inc. | 747,745 | 13,003,286 | 2.1 | % | ||||||
Union Bankshares Corp. | 211,130 | 8,208,734 | 1.3 | % | ||||||
OTHER SECURITIES | 17,908,944 | 2.9 | % | |||||||
129,439,950 | ||||||||||
Health care - 4.9% | ||||||||||
Allscripts Healthcare | ||||||||||
Solutions, Inc. (A) | 866,422 | 10,397,064 | 1.7 | % | ||||||
OTHER SECURITIES | 20,040,051 | 3.2 | % | |||||||
30,437,115 | ||||||||||
Industrials - 32.7% | ||||||||||
ACCO Brands Corp. | 708,920 | 9,818,542 | 1.6 | % | ||||||
Albany International Corp., | ||||||||||
Class A | 218,514 | 13,143,617 | 2.1 | % | ||||||
Cubic Corp. | 137,869 | 8,851,190 | 1.4 | % | ||||||
ESCO Technologies, Inc. | 189,782 | 10,950,421 | 1.8 | % | ||||||
Forrester Research, Inc. | 235,958 | 9,898,438 | 1.6 | % | ||||||
Forward Air Corp. | 129,265 | 7,636,976 | 1.2 | % | ||||||
FTI Consulting, Inc. (A) | 161,000 | 9,737,280 | 1.6 | % | ||||||
GATX Corp. (B) | 121,065 | 8,986,655 | 1.5 | % | ||||||
Huron Consulting Group, Inc. (A) | 188,146 | 7,695,171 | 1.2 | % | ||||||
ICF International, Inc. | 103,955 | 7,386,003 | 1.2 | % | ||||||
Luxfer Holdings PLC | 426,840 | 7,461,163 | 1.2 | % | ||||||
Matthews International Corp., | ||||||||||
Class A | 155,310 | 9,132,228 | 1.5 | % | ||||||
Mistras Group, Inc. (A) | 330,943 | 6,248,204 | 1.0 | % | ||||||
Mueller Industries, Inc. | 465,115 | 13,725,544 | 2.2 | % | ||||||
Navigant Consulting, Inc. (A) | 279,050 | 6,178,167 | 1.0 | % | ||||||
SP Plus Corp. (A) | 173,873 | 6,468,076 | 1.0 | % | ||||||
Thermon Group Holdings, Inc. (A) | 434,400 | 9,934,728 | 1.6 | % | ||||||
TriMas Corp. (A) | 573,841 | 16,870,920 | 2.7 | % | ||||||
Tyman PLC | 2,274,919 | 9,887,861 | 1.6 | % | ||||||
OTHER SECURITIES | 22,835,977 | 3.7 | % | |||||||
202,847,161 | ||||||||||
Information technology - 7.8% | ||||||||||
Belden, Inc. (B) | 243,294 | 14,870,129 | 2.4 | % | ||||||
CTS Corp. | 290,045 | 10,441,620 | 1.7 | % | ||||||
WNS Holdings, Ltd., ADR (A) | 253,459 | 13,225,491 | 2.1 | % | ||||||
OTHER SECURITIES | 9,849,435 | 1.6 | % | |||||||
48,386,675 |
Small Cap Value Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Materials - 7.7% | ||||||||||
Greif, Inc., Class A | 206,865 | $ | 10,941,090 | 1.8 | % | |||||
Neenah, Inc. | 100,585 | 8,534,637 | 1.4 | % | ||||||
Orion Engineered Carbons SA | 417,980 | 12,894,683 | 2.1 | % | ||||||
Sensient Technologies Corp. | 162,790 | 11,647,625 | 1.9 | % | ||||||
OTHER SECURITIES | 3,494,848 | 0.5 | % | |||||||
47,512,883 | ||||||||||
Real estate - 9.2% | ||||||||||
Corporate Office Properties Trust | 314,267 | 9,110,600 | 1.5 | % | ||||||
DiamondRock | ||||||||||
Hospitality Company | 512,803 | 6,297,221 | 1.0 | % | ||||||
Education Realty Trust, Inc. | 286,968 | 11,909,172 | 1.9 | % | ||||||
PotlatchDeltic Corp. | 236,732 | 12,037,822 | 2.0 | % | ||||||
Ramco-Gershenson | ||||||||||
Properties Trust | 665,195 | 8,787,226 | 1.4 | % | ||||||
Summit Hotel Properties, Inc. | 472,534 | 6,761,962 | 1.1 | % | ||||||
OTHER SECURITIES | 2,078,082 | 0.3 | % | |||||||
56,982,085 | ||||||||||
Utilities - 1.7% | 10,903,363 | 1.7 | % | |||||||
TOTAL COMMON STOCKS (Cost $458,649,036) | $ | 600,295,998 | ||||||||
SECURITIES LENDING COLLATERAL - 1.9% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (C)(D) | 1,185,850 | 11,862,767 | 1.9 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $11,863,382) | $ | 11,862,767 | ||||||||
SHORT-TERM INVESTMENTS - 3.5% | ||||||||||
Repurchase agreement - 3.5% | ||||||||||
Bank of America Tri-Party | ||||||||||
Repurchase Agreement dated | ||||||||||
6-29-18 at 2.090% to be | ||||||||||
repurchased at $21,803,797 on | ||||||||||
7-2-18, collateralized by | ||||||||||
$21,287,285 Government | ||||||||||
National Mortgage Association, | ||||||||||
2.777% - 5.472% due 8-20-58 | ||||||||||
to 5-20-68 (valued at | ||||||||||
$22,236,000 including interest) $ | $ | 21,800,000 | 21,800,000 | 3.5 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $21,800,000) | $ | 21,800,000 | ||||||||
Total Investments (Small Cap Value Trust) | ||||||||||
(Cost $492,312,418) - 102.3% | $ | 633,958,765 | 102.3 | % | ||||||
Other assets and liabilities, net - (2.3)% | (14,362,804 | ) | (2.3 | )% | ||||||
TOTAL NET ASSETS - 100.0% | $ | 619,595,961 | 100.0 | % |
Security Abbreviations and Legend
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | A portion of this security is on loan as of 6-30-18. |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Small Company Value Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 98.2% | ||||||||||
Consumer discretionary - 10.8% | ||||||||||
Aaron’s, Inc. | 63,000 | $ | 2,737,350 | 1.0 | % | |||||
Cable One, Inc. | 2,738 | 2,007,748 | 0.7 | % |
The accompanying notes are an integral part of the financial statements. | 46 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Small Company Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Consumer | |||||||||||
discretionary (continued) | |||||||||||
Capella Education Company | 25,800 | $ | 2,546,460 | 0.9 | % | ||||||
Cavco Industries, Inc. (A) | 13,800 | 2,865,570 | 1.0 | % | |||||||
Pool Corp. | 17,100 | 2,590,650 | 0.9 | % | |||||||
Steven Madden, Ltd. | 39,100 | 2,076,210 | 0.7 | % | |||||||
OTHER SECURITIES | 16,138,183 | 5.6 | % | ||||||||
30,962,171 | |||||||||||
Consumer staples - 4.3% | |||||||||||
Nomad Foods, Ltd. (A) | 180,600 | 3,465,714 | 1.2 | % | |||||||
OTHER SECURITIES | 8,958,401 | 3.1 | % | ||||||||
12,424,115 | |||||||||||
Energy - 6.2% | |||||||||||
Centennial Resource | |||||||||||
Development, Inc., Class A (A) | 143,400 | 2,589,804 | 0.9 | % | |||||||
Matador Resources Company (A) | 95,700 | 2,875,785 | 1.0 | % | |||||||
WPX Energy, Inc. (A) | 156,800 | 2,827,104 | 1.0 | % | |||||||
OTHER SECURITIES | 9,590,427 | 3.3 | % | ||||||||
17,883,120 | |||||||||||
Financials - 28.2% | |||||||||||
BankUnited, Inc. | 83,300 | 3,402,805 | 1.2 | % | |||||||
CoBiz Financial, Inc. | 100,800 | 2,165,184 | 0.8 | % | |||||||
Columbia Banking System, Inc. | 69,800 | 2,854,820 | 1.0 | % | |||||||
East West Bancorp, Inc. | 49,675 | 3,238,810 | 1.1 | % | |||||||
Glacier Bancorp, Inc. | 63,000 | 2,436,840 | 0.8 | % | |||||||
Green Dot Corp., Class A (A) | 53,200 | 3,904,348 | 1.4 | % | |||||||
Home BancShares, Inc. | 220,900 | 4,983,504 | 1.7 | % | |||||||
National Bank Holdings Corp., | |||||||||||
Class A | 67,000 | 2,585,530 | 0.9 | % | |||||||
Popular, Inc. | 58,900 | 2,662,869 | 0.9 | % | |||||||
Prosperity Bancshares, Inc. | 32,400 | 2,214,864 | 0.8 | % | |||||||
SVB Financial Group (A) | 10,704 | 3,090,887 | 1.1 | % | |||||||
Texas Capital Bancshares, Inc. (A) | 25,300 | 2,314,950 | 0.8 | % | |||||||
Towne Bank | 85,400 | 2,741,340 | 1.0 | % | |||||||
Webster Financial Corp. | 38,550 | 2,455,635 | 0.9 | % | |||||||
Wintrust Financial Corp. | 28,100 | 2,446,105 | 0.9 | % | |||||||
OTHER SECURITIES | 37,381,603 | 12.9 | % | ||||||||
80,880,094 | |||||||||||
Health care - 6.7% | |||||||||||
Atrion Corp. | 5,043 | 3,022,774 | 1.1 | % | |||||||
Avanos Medical, Inc. (A) | 52,000 | 2,977,000 | 1.0 | % | |||||||
Molina Healthcare, Inc. (A) | 20,100 | 1,968,594 | 0.7 | % | |||||||
Quidel Corp. (A) | 59,800 | 3,976,700 | 1.4 | % | |||||||
The Ensign Group, Inc. | 66,100 | 2,367,702 | 0.8 | % | |||||||
OTHER SECURITIES | 4,968,348 | 1.7 | % | ||||||||
19,281,118 | |||||||||||
Industrials - 13.2% | |||||||||||
Aegion Corp. (A) | 86,300 | 2,222,225 | 0.8 | % | |||||||
Cubic Corp. | 31,600 | 2,028,720 | 0.7 | % | |||||||
FTI Consulting, Inc. (A) | 34,100 | 2,062,368 | 0.7 | % | |||||||
Genesee & Wyoming, Inc., | |||||||||||
Class A (A) | 24,000 | 1,951,680 | 0.7 | % | |||||||
Landstar System, Inc. | 32,100 | 3,505,320 | 1.2 | % | |||||||
McGrath RentCorp | 31,450 | 1,989,842 | 0.7 | % | |||||||
OTHER SECURITIES | 24,079,936 | 8.4 | % | ||||||||
37,840,091 | |||||||||||
Information technology - 9.1% | |||||||||||
Belden, Inc. | 48,900 | 2,988,768 | 1.0 | % | |||||||
Littelfuse, Inc. | 22,476 | 5,128,574 | 1.8 | % | |||||||
OTHER SECURITIES | 18,087,467 | 6.3 | % | ||||||||
26,204,809 |
Small Company Value Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Materials - 4.6% | |||||||||||
Carpenter Technology Corp. | 42,900 | $ | 2,255,253 | 0.8 | % | ||||||
KMG Chemicals, Inc. | 38,332 | 2,828,135 | 1.0 | % | |||||||
Myers Industries, Inc. | 106,950 | 2,053,440 | 0.7 | % | |||||||
OTHER SECURITIES | 6,174,940 | 2.1 | % | ||||||||
13,311,768 | |||||||||||
Real estate - 8.7% | |||||||||||
Cedar Realty Trust, Inc. | 412,800 | 1,948,416 | 0.7 | % | |||||||
EastGroup Properties, Inc. | 27,000 | 2,580,120 | 0.9 | % | |||||||
PotlatchDeltic Corp. | 39,000 | 1,983,150 | 0.7 | % | |||||||
Terreno Realty Corp. | 64,700 | 2,437,249 | 0.9 | % | |||||||
OTHER SECURITIES | 15,933,057 | 5.5 | % | ||||||||
24,881,992 | |||||||||||
Utilities - 6.4% | |||||||||||
Chesapeake Utilities Corp. | 34,900 | 2,790,255 | 1.0 | % | |||||||
NorthWestern Corp. | 34,600 | 1,980,850 | 0.7 | % | |||||||
ONE Gas, Inc. | 40,400 | 3,019,496 | 1.1 | % | |||||||
PNM Resources, Inc. | 73,000 | 2,839,700 | 1.0 | % | |||||||
OTHER SECURITIES | 7,656,195 | 2.6 | % | ||||||||
18,286,496 | |||||||||||
TOTAL COMMON STOCKS (Cost $195,238,975) | $ | 281,955,774 | |||||||||
WARRANTS - 0.0% | 59,899 | 0.0 | % | ||||||||
TOTAL WARRANTS (Cost $28,804) | $ | 59,899 | |||||||||
SECURITIES LENDING COLLATERAL - 2.8% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (B)(C) | 812,585 | 8,128,771 | 2.8 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $8,129,179) | $ | 8,128,771 | |||||||||
SHORT-TERM INVESTMENTS - 2.5% | |||||||||||
Money market funds - 2.5% | |||||||||||
T. Rowe Price Government | |||||||||||
Reserve Fund, 2.1583% (B) | 6,649,631 | 6,649,631 | 2.3 | % | |||||||
OTHER SECURITIES | 500,000 | 0.2 | % | ||||||||
7,149,631 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $7,149,631) | $ | 7,149,631 | |||||||||
Total Investments (Small Company Value Trust) | |||||||||||
(Cost $210,546,589) - 103.5% | $ | 297,294,075 | 103.5 | % | |||||||
Other assets and liabilities, net - (3.5)% | (10,011,363 | ) | (3.5 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 287,282,712 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
Strategic Equity Allocation Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON STOCKS - 96.8% | ||||||||||
Consumer discretionary - 12.3% | ||||||||||
Amazon.com, Inc. (A) | 105,122 | $ | 178,686,376 | 1.7 | % | |||||
Comcast Corp., Class A | 1,198,549 | 39,324,393 | 0.4 | % | ||||||
McDonald’s Corp. | 204,942 | 32,112,362 | 0.3 | % | ||||||
Netflix, Inc. (A) | 113,462 | 44,412,431 | 0.4 | % | ||||||
The Home Depot, Inc. | 301,080 | 58,740,708 | 0.6 | % | ||||||
The Walt Disney Company | 388,031 | 40,669,529 | 0.4 | % |
The accompanying notes are an integral part of the financial statements. | 47 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Equity Allocation Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Consumer | ||||||||||
discretionary (continued) | ||||||||||
Toyota Motor Corp. | 529,800 | $ | 34,261,624 | 0.3 | % | |||||
OTHER SECURITIES | 898,025,565 | 8.2 | % | |||||||
1,326,232,988 | ||||||||||
Consumer staples - 7.6% | ||||||||||
Nestle SA | 721,749 | 55,936,127 | 0.5 | % | ||||||
PepsiCo, Inc. | 370,085 | 40,291,154 | 0.4 | % | ||||||
Philip Morris International, Inc. | 405,769 | 32,761,789 | 0.3 | % | ||||||
The Coca-Cola Company | 999,610 | 43,842,895 | 0.4 | % | ||||||
The Procter & Gamble Company | 656,319 | 51,232,261 | 0.5 | % | ||||||
Walmart, Inc. | 377,618 | 32,342,982 | 0.3 | % | ||||||
OTHER SECURITIES | 564,855,827 | 5.2 | % | |||||||
821,263,035 | ||||||||||
Energy - 5.9% | ||||||||||
BP PLC | 4,620,579 | 35,155,755 | 0.3 | % | ||||||
Chevron Corp. | 498,830 | 63,067,077 | 0.6 | % | ||||||
Exxon Mobil Corp. | 1,105,190 | 91,432,369 | 0.9 | % | ||||||
Royal Dutch Shell PLC, A Shares | 1,066,321 | 36,904,207 | 0.4 | % | ||||||
Royal Dutch Shell PLC, B Shares | 868,791 | 31,114,015 | 0.3 | % | ||||||
TOTAL SA | 558,775 | 33,932,023 | 0.3 | % | ||||||
OTHER SECURITIES | 351,348,916 | 3.1 | % | |||||||
642,954,362 | ||||||||||
Financials - 15.6% | ||||||||||
Bank of America Corp. | 2,461,373 | 69,386,105 | 0.7 | % | ||||||
Berkshire Hathaway, Inc., | ||||||||||
Class B (A) | 502,383 | 93,769,787 | 0.9 | % | ||||||
Citigroup, Inc. | 665,587 | 44,541,082 | 0.4 | % | ||||||
HSBC Holdings PLC | 4,641,912 | 43,375,647 | 0.4 | % | ||||||
JPMorgan Chase & Co. | 888,699 | 92,602,436 | 0.9 | % | ||||||
Wells Fargo & Company | 1,144,800 | 63,467,712 | 0.6 | % | ||||||
OTHER SECURITIES | 1,281,624,593 | 11.7 | % | |||||||
1,688,767,362 | ||||||||||
Health care - 12.3% | ||||||||||
AbbVie, Inc. | 395,604 | 36,652,711 | 0.4 | % | ||||||
Amgen, Inc. | 173,863 | 32,093,371 | 0.3 | % | ||||||
Johnson & Johnson | 700,141 | 84,955,109 | 0.8 | % | ||||||
Merck & Company, Inc. | 702,330 | 42,631,431 | 0.4 | % | ||||||
Novartis AG | 515,878 | 39,078,237 | 0.4 | % | ||||||
Pfizer, Inc. | 1,527,050 | 55,401,374 | 0.5 | % | ||||||
Roche Holding AG | 162,941 | 36,149,761 | 0.3 | % | ||||||
UnitedHealth Group, Inc. | 250,820 | 61,536,179 | 0.6 | % | ||||||
OTHER SECURITIES | 940,409,646 | 8.6 | % | |||||||
1,328,907,819 | ||||||||||
Industrials - 11.3% | ||||||||||
The Boeing Company | 142,952 | 47,961,826 | 0.5 | % | ||||||
OTHER SECURITIES | 1,171,665,183 | 10.8 | % | |||||||
1,219,627,009 | ||||||||||
Information technology - 18.2% | ||||||||||
Adobe Systems, Inc. (A) | 128,546 | 31,340,800 | 0.3 | % | ||||||
Alphabet, Inc., Class A (A) | 77,953 | 88,023,748 | 0.8 | % | ||||||
Alphabet, Inc., Class C (A) | 79,241 | 88,405,222 | 0.8 | % | ||||||
Apple, Inc. | 1,282,957 | 237,488,170 | 2.2 | % | ||||||
Cisco Systems, Inc. | 1,227,542 | 52,821,132 | 0.5 | % | ||||||
Facebook, Inc., Class A (A) | 626,076 | 121,659,088 | 1.1 | % | ||||||
IBM Corp. | 222,842 | 31,131,027 | 0.3 | % | ||||||
Intel Corp. | 1,216,400 | 60,467,244 | 0.6 | % | ||||||
Mastercard, Inc., Class A | 239,330 | 47,033,132 | 0.5 | % | ||||||
Microsoft Corp. | 2,005,474 | 197,759,791 | 1.8 | % | ||||||
NVIDIA Corp. | 158,446 | 37,535,857 | 0.4 | % | ||||||
Oracle Corp. | 777,894 | 34,274,010 | 0.3 | % | ||||||
Visa, Inc., Class A | 466,230 | 61,752,164 | 0.6 | % |
Strategic Equity Allocation Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Information | |||||||||||
technology (continued) | |||||||||||
OTHER SECURITIES | $ | 881,033,233 | 8.0 | % | |||||||
1,970,724,618 | |||||||||||
Materials - 4.6% | |||||||||||
DowDuPont, Inc. | 605,896 | 39,940,664 | 0.4 | % | |||||||
OTHER SECURITIES | 457,415,072 | 4.2 | % | ||||||||
497,355,736 | |||||||||||
Real estate - 3.6% | 391,701,648 | 3.6 | % | ||||||||
Telecommunication | |||||||||||
services - 2.3% | |||||||||||
AT&T, Inc. | 1,897,461 | 60,927,473 | 0.6 | % | |||||||
Verizon Communications, Inc. | 1,078,534 | 54,261,046 | 0.5 | % | |||||||
OTHER SECURITIES | 128,066,106 | 1.2 | % | ||||||||
243,254,625 | |||||||||||
Utilities - 3.1% | 338,074,147 | 3.1 | % | ||||||||
TOTAL COMMON STOCKS | |||||||||||
(Cost $6,588,320,459) | $ | 10,468,863,349 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.2% | |||||||||||
Consumer discretionary - 0.1% | 10,917,420 | 0.1 | % | ||||||||
Consumer staples - 0.1% | 5,283,350 | 0.1 | % | ||||||||
Financials - 0.0% | 661,152 | 0.0 | % | ||||||||
Health care - 0.0% | 1,230,122 | 0.0 | % | ||||||||
Materials - 0.0% | 805,459 | 0.0 | % | ||||||||
Telecommunication | |||||||||||
services - 0.0% | 903,372 | 0.0 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $17,234,375) | $ | 19,800,875 | |||||||||
RIGHTS - 0.0% | 236,236 | 0.0 | % | ||||||||
TOTAL RIGHTS (Cost $247,725) | $ | 236,236 | |||||||||
SECURITIES LENDING COLLATERAL - 1.4% | |||||||||||
John Hancock Collateral Trust, | |||||||||||
2.0600% (B)(C) | 14,762,793 | 147,681,078 | 1.4 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $147,670,329) | $ | 147,681,078 | |||||||||
SHORT-TERM INVESTMENTS - 2.4% | |||||||||||
U.S. Government Agency - 2.2% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/06/2018 * | $ | 10,000,000 | 9,981,330 | 0.1 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/15/2018 * | 30,000,000 | 29,929,590 | 0.3 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.890%, | |||||||||||
08/22/2018 * | 30,000,000 | 29,918,400 | 0.2 | % | |||||||
Federal Home Loan Bank | |||||||||||
Discount Note, 1.895%, | |||||||||||
08/13/2018 * | 177,200,000 | 176,803,072 | 1.6 | % | |||||||
246,632,392 | |||||||||||
Repurchase agreement - 0.2% | 19,619,000 | 0.2 | % | ||||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $266,247,946) | $ | 266,251,392 | |||||||||
Total Investments (Strategic Equity Allocation | |||||||||||
Trust) (Cost $7,019,720,834) - 100.8% | $ | 10,902,832,930 | 100.8 | % | |||||||
Other assets and liabilities, net - (0.8)% | (89,972,099 | ) | (0.8 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 10,812,860,831 | 100.0 | % |
The accompanying notes are an integral part of the financial statements. | 48 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Equity Allocation Trust (continued)
Security Abbreviations and Legend
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
Strategic Equity Allocation Trust (continued)
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
MSCI EAFE Index Futures | 1,166 | Long | Sep 2018 | $117,082,990 | $113,999,820 | $(3,083,170 | ) | ||||||
Russell 2000 Index E-Mini Futures | 177 | Long | Sep 2018 | 14,921,523 | 14,580,375 | (341,148 | ) | ||||||
S&P 500 Index E-Mini Futures | 1,329 | Long | Sep 2018 | 184,640,451 | 180,850,320 | (3,790,131 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 72 | Long | Sep 2018 | 14,327,638 | 14,083,920 | (243,718 | ) | ||||||
$(7,458,167 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract. |
See Notes to financial statements regarding investment transactions and other derivatives information.
Total Stock Market Index Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 97.6% | |||||||||||
Consumer discretionary - 13.3% | |||||||||||
Amazon.com, Inc. (A) | 11,952 | $ | 20,316,010 | 2.7 | % | ||||||
Comcast Corp., Class A | 114,684 | 3,762,782 | 0.5 | % | |||||||
McDonald’s Corp. | 19,612 | 3,073,004 | 0.4 | % | |||||||
Netflix, Inc. (A) | 10,717 | 4,194,955 | 0.6 | % | |||||||
NIKE, Inc., Class B | 40,171 | 3,200,825 | 0.4 | % | |||||||
The Home Depot, Inc. | 28,830 | 5,624,733 | 0.8 | % | |||||||
The Walt Disney Company | 37,112 | 3,889,709 | 0.5 | % | |||||||
OTHER SECURITIES | 57,626,820 | 7.4 | % | ||||||||
101,688,838 | |||||||||||
Consumer staples - 6.7% | |||||||||||
Altria Group, Inc. | 46,905 | 2,663,735 | 0.4 | % | |||||||
PepsiCo, Inc. | 35,034 | 3,814,152 | 0.5 | % | |||||||
Philip Morris International, Inc. | 38,366 | 3,097,671 | 0.4 | % | |||||||
The Coca-Cola Company | 105,288 | 4,617,932 | 0.6 | % | |||||||
The Procter & Gamble Company | 62,177 | 4,853,537 | 0.6 | % | |||||||
Walmart, Inc. | 73,104 | 6,261,358 | 0.8 | % | |||||||
OTHER SECURITIES | 25,729,809 | 3.4 | % | ||||||||
51,038,194 | |||||||||||
Energy - 6.8% | |||||||||||
Chevron Corp. | 47,203 | 5,967,875 | 0.8 | % | |||||||
Exxon Mobil Corp. | 104,656 | 8,658,191 | 1.2 | % | |||||||
OTHER SECURITIES | 37,120,652 | 4.8 | % | ||||||||
51,746,718 | |||||||||||
Financials - 14.0% | |||||||||||
Bank of America Corp. | 252,913 | 7,129,617 | 1.0 | % | |||||||
Berkshire Hathaway, Inc., | |||||||||||
Class B (A) | 60,899 | 11,366,798 | 1.5 | % | |||||||
Citigroup, Inc. | 63,433 | 4,244,936 | 0.6 | % | |||||||
JPMorgan Chase & Co. | 84,714 | 8,827,199 | 1.2 | % | |||||||
State Street Corp. | 9,068 | 844,140 | 0.1 | % | |||||||
Wells Fargo & Company | 120,366 | 6,673,091 | 0.9 | % | |||||||
OTHER SECURITIES | 67,863,690 | 8.7 | % | ||||||||
106,949,471 | |||||||||||
Health care - 12.5% | |||||||||||
AbbVie, Inc. | 39,248 | 3,636,327 | 0.5 | % | |||||||
Amgen, Inc. | 17,831 | 3,291,424 | 0.4 | % | |||||||
Johnson & Johnson | 66,211 | 8,034,043 | 1.1 | % |
Total Stock Market Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON | |||||||||||
STOCKS (continued) | |||||||||||
Health care (continued) | |||||||||||
Merck & Company, Inc. | 66,571 | $ | 4,040,860 | 0.5 | % | ||||||
Pfizer, Inc. | 146,969 | 5,332,035 | 0.7 | % | |||||||
UnitedHealth Group, Inc. | 23,896 | 5,862,645 | 0.8 | % | |||||||
OTHER SECURITIES | 64,772,583 | 8.5 | % | ||||||||
94,969,917 | |||||||||||
Industrials - 9.7% | |||||||||||
3M Company | 14,698 | 2,891,391 | 0.4 | % | |||||||
General Electric Company | 214,417 | 2,918,215 | 0.4 | % | |||||||
Honeywell International, Inc. | 18,543 | 2,671,119 | 0.4 | % | |||||||
The Boeing Company | 14,532 | 4,875,631 | 0.7 | % | |||||||
Union Pacific Corp. | 19,435 | 2,753,551 | 0.4 | % | |||||||
OTHER SECURITIES | 58,214,494 | 7.4 | % | ||||||||
74,324,401 | |||||||||||
Information technology - 23.5% | |||||||||||
Adobe Systems, Inc. (A) | 12,142 | 2,960,341 | 0.4 | % | |||||||
Alphabet, Inc., Class C (A) | 17,162 | 19,146,785 | 2.5 | % | |||||||
Apple, Inc. | 125,270 | 23,188,730 | 3.1 | % | |||||||
Cisco Systems, Inc. | 118,941 | 5,118,031 | 0.7 | % | |||||||
Facebook, Inc., Class A (A) | 71,718 | 13,936,242 | 1.8 | % | |||||||
IBM Corp. | 22,732 | 3,175,660 | 0.4 | % | |||||||
Intel Corp. | 115,519 | 5,742,449 | 0.8 | % | |||||||
Mastercard, Inc., Class A | 25,976 | 5,104,804 | 0.7 | % | |||||||
Microsoft Corp. | 190,115 | 18,747,240 | 2.5 | % | |||||||
NVIDIA Corp. | 14,942 | 3,539,760 | 0.5 | % | |||||||
Oracle Corp. | 102,179 | 4,502,007 | 0.6 | % | |||||||
Texas Instruments, Inc. | 24,267 | 2,675,437 | 0.4 | % | |||||||
Visa, Inc., Class A | 50,901 | 6,741,837 | 0.9 | % | |||||||
OTHER SECURITIES | 64,699,784 | 8.2 | % | ||||||||
179,279,107 | |||||||||||
Materials - 2.9% | |||||||||||
DowDuPont, Inc. | 57,469 | 3,788,356 | 0.5 | % | |||||||
OTHER SECURITIES | 18,264,328 | 2.4 | % | ||||||||
22,052,684 |
The accompanying notes are an integral part of the financial statements. | 49 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Total Stock Market Index Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
COMMON | ||||||||||
STOCKS (continued) | ||||||||||
Real estate - 3.7% | $ | 27,978,322 | 3.7 | % | ||||||
Telecommunication | ||||||||||
services - 1.8% | ||||||||||
AT&T, Inc. | 179,213 | 5,754,529 | 0.7 | % | ||||||
Verizon Communications, Inc. | 101,874 | 5,125,281 | 0.7 | % | ||||||
OTHER SECURITIES | 3,049,649 | 0.4 | % | |||||||
13,929,459 | ||||||||||
Utilities - 2.7% | 20,713,584 | 2.7 | % | |||||||
TOTAL COMMON STOCKS (Cost $392,916,308) | $ | 744,670,695 | ||||||||
PREFERRED | ||||||||||
SECURITIES - 0.0% | ||||||||||
Consumer discretionary - 0.0% | 4,782 | 0.0 | % | |||||||
Financials - 0.0% | 12,846 | 0.0 | % | |||||||
TOTAL PREFERRED SECURITIES (Cost $14,563) | $ | 17,628 | ||||||||
WARRANTS - 0.0% | 1,243 | 0.0 | % | |||||||
TOTAL WARRANTS (Cost $60,914) | $ | 1,243 | ||||||||
SECURITIES LENDING COLLATERAL - 2.7% | ||||||||||
John Hancock Collateral Trust, | ||||||||||
2.0600% (B)(C) | 2,008,003 | 20,087,262 | 2.7 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $20,088,402) | $ | 20,087,262 | ||||||||
SHORT-TERM INVESTMENTS - 2.3% | ||||||||||
U.S. Government Agency - 2.0% | ||||||||||
Federal Home Loan Bank | ||||||||||
Discount Note, 1.895%, | ||||||||||
08/10/2018 * | $ | 15,000,000 | 14,968,800 | 2.0 | % |
Total Stock Market Index Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
SHORT-TERM INVESTMENTS (continued) | |||||||||||
Repurchase agreement - 0.3% | |||||||||||
Repurchase Agreement with State | |||||||||||
Street Corp. dated 6-29-18 at | |||||||||||
0.900% to be repurchased at | |||||||||||
$2,572,193 on 7-2-18, | |||||||||||
collateralized by $2,660,000 | |||||||||||
U.S. Treasury Notes, 2.000% | |||||||||||
due 12-31-21 (valued at | |||||||||||
$2,627,732, including interest) | $ | 2,572,000 | $ | 2,572,000 | 0.3 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $17,540,417) | $ | 17,540,800 | |||||||||
Total Investments (Total Stock Market Index | |||||||||||
Trust) (Cost $430,620,604) - 102.6% | $ | 782,317,628 | 102.6 | % | |||||||
Other assets and liabilities, net - (2.6)% | (19,511,124 | ) | (2.6 | )% | |||||||
TOTAL NET ASSETS - 100.0% | $ | 762,806,504 | 100.0 | % |
Security Abbreviations and Legend
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
Russell 2000 Index E-Mini Futures | 31 | Long | Sep 2018 | $2,598,325 | $2,553,625 | $(44,700 | ) | ||||||
S&P 500 Index Futures | 23 | Long | Sep 2018 | 15,963,711 | 15,649,200 | (314,511 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 7 | Long | Sep 2018 | 1,396,528 | 1,369,270 | (27,258 | ) | ||||||
$(386,469 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Utilities Trust
Shares or | % of | ||||||||
Principal | Net | ||||||||
Amount | Value | Assets | |||||||
COMMON STOCKS - 93.6% | |||||||||
Consumer discretionary - 3.9% | |||||||||
Altice USA, Inc., Class A (A) | 204,616 | $ | 3,490,749 | 1.3 | % | ||||
Comcast Corp., Class A | 158,930 | 5,214,493 | 1.9 | % | |||||
NOS SGPS SA | 363,025 | 1,985,655 | 0.7 | % | |||||
10,690,897 | |||||||||
Energy - 16.4% | |||||||||
Cheniere Energy, Inc. (B) | 76,830 | 5,008,548 | 1.8 | % | |||||
Enbridge, Inc. | 154,547 | 5,525,204 | 2.0 | % | |||||
Enterprise Products Partners LP | 243,495 | 6,737,507 | 2.5 | % | |||||
EQT Midstream Partners LP (A) | 67,600 | 3,487,484 | 1.3 | % | |||||
Kinder Morgan, Inc. | 101,878 | 1,800,184 | 0.7 | % |
Utilities Trust (continued)
Shares or | % of | ||||||||
Principal | Net | ||||||||
Amount | Value | Assets | |||||||
COMMON | |||||||||
STOCKS (continued) | |||||||||
Energy (continued) | |||||||||
Plains GP Holdings LP, | |||||||||
Class A (B) | 85,881 | $ | 2,053,415 | 0.8 | % | ||||
Targa Resources Corp. | 37,705 | 1,866,020 | 0.7 | % | |||||
The Williams Companies, Inc. | 79,951 | 2,167,472 | 0.8 | % | |||||
TransCanada Corp. | 134,082 | 5,801,228 | 2.1 | % | |||||
Western Gas Equity | |||||||||
Partners LP (A) | 101,446 | 3,626,695 | 1.3 | % | |||||
Williams Partners LP | 56,283 | 2,284,527 | 0.8 | % | |||||
OTHER SECURITIES | 4,348,304 | 1.6 | % | ||||||
44,706,588 |
The accompanying notes are an integral part of the financial statements. | 50 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Utilities Trust (continued)
Shares or | % of | ||||||||
Principal | Net | ||||||||
Amount | Value | Assets | |||||||
COMMON | |||||||||
STOCKS (continued) | |||||||||
Industrials - 0.4% | $ | 1,068,293 | 0.4 | % | |||||
Real estate - 2.5% | |||||||||
American Tower Corp. | 47,509 | 6,849,373 | 2.5 | % | |||||
Telecommunication | |||||||||
services - 10.8% | |||||||||
Cellnex Telecom SA (C) | 127,998 | 3,218,057 | 1.2 | % | |||||
Com Hem Holding AB | 411,038 | 6,668,187 | 2.4 | % | |||||
Hellenic Telecommunications | |||||||||
Organization SA | 180,287 | 2,224,176 | 0.8 | % | |||||
Koninklijke KPN NV (A) | 854,374 | 2,323,195 | 0.9 | % | |||||
Orange SA | 157,837 | 2,634,637 | 1.0 | % | |||||
TELUS Corp. | 77,057 | 2,737,278 | 1.0 | % | |||||
OTHER SECURITIES | 9,434,955 | 3.5 | % | ||||||
29,240,485 | |||||||||
Utilities - 59.6% | |||||||||
AES Corp. | 250,961 | 3,365,387 | 1.2 | % | |||||
American Electric Power | |||||||||
Company, Inc. | 112,883 | 7,817,148 | 2.9 | % | |||||
APA Group | 249,616 | 1,818,557 | 0.7 | % | |||||
Avangrid, Inc. | 38,079 | 2,015,521 | 0.7 | % | |||||
CenterPoint Energy, Inc. | 112,052 | 3,104,961 | 1.1 | % | |||||
China Resources Gas Group, Ltd. | 988,000 | 4,271,317 | 1.6 | % | |||||
Dominion Energy, Inc. | 20,618 | 1,405,735 | 0.5 | % | |||||
Duke Energy Corp. | 66,540 | 5,261,983 | 1.9 | % | |||||
Edison International | 70,929 | 4,487,678 | 1.7 | % | |||||
EDP Renovaveis SA | 1,371,066 | 14,290,203 | 5.2 | % | |||||
Emera, Inc. | 86,803 | 2,825,975 | 1.0 | % | |||||
Enel SpA | 1,331,449 | 7,377,800 | 2.7 | % | |||||
Entergy Corp. | 48,776 | 3,940,613 | 1.5 | % | |||||
Evergy, Inc. | 71,564 | 4,018,319 | 1.5 | % | |||||
Exelon Corp. | 384,918 | 16,397,507 | 6.0 | % | |||||
Iberdrola SA | 763,936 | 5,891,284 | 2.2 | % | |||||
NextEra Energy Partners LP (A) | 90,800 | 4,237,636 | 1.6 | % | |||||
NextEra Energy, Inc. | 69,016 | 11,527,742 | 4.2 | % | |||||
NRG Energy, Inc. | 190,506 | 5,848,534 | 2.2 | % | |||||
NRG Yield, Inc., Class A | 115,306 | 1,965,967 | 0.7 | % | |||||
NRG Yield, Inc., Class C | 31,282 | 538,050 | 0.2 | % | |||||
PG&E Corp. | 101,611 | 4,324,564 | 1.6 | % | |||||
PPL Corp. | 334,068 | 9,537,641 | 3.5 | % | |||||
Public Service Enterprise | |||||||||
Group, Inc. | 60,064 | 3,251,865 | 1.2 | % | |||||
RWE AG | 132,390 | 3,008,500 | 1.1 | % | |||||
Sempra Energy | 28,549 | 3,314,824 | 1.2 | % | |||||
SSE PLC | 283,815 | 5,066,255 | 1.9 | % | |||||
The Southern Company | 106,109 | 4,913,908 | 1.8 | % | |||||
Vistra Energy Corp. (B) | 223,554 | 5,289,288 | 1.9 | % | |||||
OTHER SECURITIES | 11,415,072 | 4.1 | % | ||||||
162,529,834 | |||||||||
TOTAL COMMON STOCKS (Cost $238,323,187) | $ | 255,085,470 |
Utilities Trust (continued)
Shares or | % of | ||||||||
Principal | Net | ||||||||
Amount | Value | Assets | |||||||
PREFERRED | |||||||||
SECURITIES - 4.2% | |||||||||
Utilities - 4.2% | |||||||||
Dominion Energy, Inc., 6.750% | 56,483 | $ | 2,610,079 | 1.0 | % | ||||
NextEra Energy, Inc., 6.123% | 63,281 | 3,613,345 | 1.3 | % | |||||
NextEra Energy, Inc., 6.371% | 24,383 | 1,810,194 | 0.7 | % | |||||
Sempra Energy, 6.000% | 13,167 | 1,358,966 | 0.5 | % | |||||
Vistra Energy Corp., 7.000% | 13,018 | 1,232,154 | 0.4 | % | |||||
OTHER SECURITIES | 795,423 | 0.3 | % | ||||||
11,420,161 | |||||||||
TOTAL PREFERRED SECURITIES | |||||||||
(Cost $10,373,053) | $ | 11,420,161 | |||||||
SECURITIES LENDING COLLATERAL - 2.0% | |||||||||
John Hancock Collateral Trust, | |||||||||
2.0600% (D)(E) | 546,330 | 5,465,270 | 2.0 | % | |||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||
(Cost $5,465,434) | $ | 5,465,270 | |||||||
SHORT-TERM INVESTMENTS - 1.6% | |||||||||
Money market funds - 1.6% | |||||||||
State Street Institutional Treasury | |||||||||
Money Market Fund, Premier | |||||||||
Class, 1.7355% (D) | 4,395,630 | 4,395,630 | 1.6 | % | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||
(Cost $4,395,630) | $ | 4,395,630 | |||||||
Total Investments (Utilities Trust) | |||||||||
(Cost $258,557,304) - 101.4% | $ | 276,366,531 | 101.4 | % | |||||
Other assets and liabilities, net - (1.4)% | (3,684,964 | ) | (1.4 | )% | |||||
TOTAL NET ASSETS - 100.0% | $ | 272,681,567 | 100.0 | % |
Security Abbreviations and Legend
(A) | A portion of this security is on loan as of 6-30-18. |
(B) | Non-income producing security. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
DERIVATIVES
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
CAD | 124,561 | USD | 94,447 | Barclays Bank PLC Wholesale | 7/27/2018 | $342 | — | ||||||||
CAD | 114,565 | USD | 89,152 | Deutsche Bank AG London | 7/27/2018 | — | ($1,970 | ) | |||||||
CAD | 134,578 | USD | 104,225 | Goldman Sachs International | 7/27/2018 | — | (1,814 | ) | |||||||
CAD | 103,221 | USD | 77,753 | JPMorgan Chase Bank N.A. | 7/27/2018 | 796 | — | ||||||||
CAD | 124,908 | USD | 94,728 | State Street Bank and Trust Company | 7/27/2018 | 325 | — | ||||||||
EUR | 179,937 | USD | 209,530 | Citibank N.A. | 7/27/2018 | 965 | — |
The accompanying notes are an integral part of the financial statements. | 51 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Utilities Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
EUR | 1,366,093 | USD | 1,616,274 | JPMorgan Chase Bank N.A. | 7/27/2018 | — | ($18,189 | ) | |||||||
USD | 474,122 | CAD | 631,000 | Deutsche Bank AG London | 7/27/2018 | — | (6,058 | ) | |||||||
USD | 229,174 | CAD | 305,000 | JPMorgan Chase Bank N.A. | 7/27/2018 | — | (2,925 | ) | |||||||
USD | 9,985,525 | CAD | 12,734,041 | Merrill Lynch International | 7/27/2018 | $295,150 | — | ||||||||
USD | 110,528 | CAD | 143,192 | State Street Bank and Trust Company | 7/27/2018 | 1,562 | — | ||||||||
USD | 6,495,955 | EUR | 5,209,182 | Morgan Stanley Capital Services, Inc. | 7/18/2018 | 406,146 | — | ||||||||
USD | 21,818,619 | EUR | 18,443,605 | JPMorgan Chase Bank N.A. | 7/27/2018 | 242,896 | — | ||||||||
USD | 7,935 | EUR | 6,778 | State Street Bank and Trust Company | 7/27/2018 | 6 | — | ||||||||
USD | 100,492 | GBP | 74,771 | Barclays Bank PLC Wholesale | 7/27/2018 | 1,706 | — | ||||||||
USD | 10,914 | GBP | 8,190 | BNP Paribas SA | 7/27/2018 | 93 | — | ||||||||
USD | 4,009,406 | GBP | 2,973,918 | Merrill Lynch International | 7/27/2018 | 80,313 | — | ||||||||
$1,030,300 | ($30,956 | ) |
Derivatives Currency Abbreviations
CAD | Canadian Dollar |
EUR | Euro |
GBP | Pound Sterling |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
The accompanying notes are an integral part of the financial statements. | 52 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Certain portfolios had the following country composition as a percentage of net assets on 6-30-18:
Financial Industries Trust | |||
United States | 79.8 | % | |
United Kingdom | 4.2 | % | |
Spain | 2.5 | % | |
Bermuda | 2.5 | % | |
Switzerland | 2.1 | % | |
Denmark | 2.1 | % | |
Norway | 1.5 | % | |
Sweden | 1.2 | % | |
France | 1.0 | % | |
Other countries | 3.1 | % | |
TOTAL | 100.0 | % | |
Mid Value Trust | |||
United States | 88.4 | % | |
Canada | 4.6 | % | |
Ireland | 2.2 | % | |
Denmark | 1.4 | % | |
Other countries | 3.4 | % | |
TOTAL | 100.0 | % | |
Mutual Shares Trust | |||
United States | 80.1 | % | |
United Kingdom | 7.4 | % | |
Switzerland | 3.5 | % | |
Ireland | 3.2 | % | |
Netherlands | 2.4 | % | |
South Korea | 1.5 | % | |
Other countries | 1.9 | % | |
TOTAL | 100.0 | % | |
Science & Technology Trust | |||
United States | 84.6 | % | |
China | 5.4 | % | |
South Korea | 3.4 | % | |
United Kingdom | 1.8 | % | |
Switzerland | 1.1 | % | |
Russia | 1.0 | % | |
Taiwan | 1.0 | % | |
Other countries | 1.7 | % | |
TOTAL | 100.0 | % | |
Small Cap Value Trust | |||
United States | 88.9 | % | |
United Kingdom | 4.6 | % | |
India | 2.1 | % | |
Luxembourg | 2.1 | % | |
Ireland | 1.4 | % | |
Other countries | 0.9 | % | |
TOTAL | 100.0 | % | |
Strategic Equity Allocation Trust | |||
United States | 67.9 | % | |
Japan | 7.4 | % | |
United Kingdom | 5.1 | % | |
France | 3.3 | % | |
Germany | 2.9 | % | |
Switzerland | 2.9 | % | |
Australia | 2.2 | % | |
Netherlands | 1.5 | % | |
Hong Kong | 1.1 | % | |
Ireland | 1.0 | % | |
Other countries | 4.7 | % | |
TOTAL | 100.0 | % | |
Utilities Trust | |||
United States | 65.4 | % | |
Spain | 8.6 | % | |
Canada | 6.2 | % | |
Italy | 2.7 | % | |
Sweden | 2.4 | % | |
United Kingdom | 2.4 | % | |
Brazil | 1.7 | % | |
Hong Kong | 1.6 | % | |
Germany | 1.1 | % | |
France | 1.0 | % | |
Other countries | 6.9 | % | |
TOTAL | 100.0 | % |
The accompanying notes are an integral part of the financial statements. | 53 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
American | ||||||||||||||
American Asset | Global Growth | American | ||||||||||||
Assets | 500 Index Trust | Allocation Trust | Trust | Growth Trust | ||||||||||
Unaffiliated investments, at value | $ | 5,179,048,581 | $ | 1,479,658,742 | $ | 224,601,489 | $ | 905,656,612 | ||||||
Affiliated investments, at value | 18,731,096 | — | — | — | ||||||||||
Repurchase agreements, at value | 11,332,000 | — | — | — | ||||||||||
Total investments, at value | 5,209,111,677 | 1,479,658,742 | 224,601,489 | 905,656,612 | ||||||||||
Receivable for futures variation margin | 166,455 | — | — | — | ||||||||||
Cash | 4,583 | — | 3,212 | — | ||||||||||
Cash held at broker for futures contracts | 6,970,000 | — | — | — | ||||||||||
Dividends and interest receivable | 4,163,738 | — | — | — | ||||||||||
Receivable for fund shares sold | — | 40,131 | 540,087 | — | ||||||||||
Receivable for investments sold | 4,805,758 | 606,773 | — | 16,410,901 | ||||||||||
Receivable for securities lending income | 4,292 | — | — | — | ||||||||||
Receivable due from advisor | 70,785 | — | — | — | ||||||||||
Other assets | 143,711 | 4,666 | 3,094 | 3,921 | ||||||||||
Total assets | 5,225,440,999 | 1,480,310,312 | 225,147,882 | 922,071,434 | ||||||||||
Liabilities | ||||||||||||||
Payable for investments purchased | 2,581,355 | — | 30,404 | — | ||||||||||
Payable for fund shares repurchased | 11,696,691 | 596,166 | 502,316 | 16,380,650 | ||||||||||
Payable upon return of securities loaned | 18,737,417 | — | — | — | ||||||||||
Payable to affiliates | ||||||||||||||
Accounting and legal services fees | 297,567 | 84,486 | 13,005 | 52,531 | ||||||||||
Trustees’ fees | 1,327 | 857 | 411 | 623 | ||||||||||
Other liabilities and accrued expenses | 419,838 | 38,408 | 25,024 | 24,837 | ||||||||||
Total liabilities | 33,734,195 | 719,917 | 571,160 | 16,458,641 | ||||||||||
Net assets | $ | 5,191,706,804 | $ | 1,479,590,395 | $ | 224,576,722 | $ | 905,612,793 | ||||||
Net assets consist of | ||||||||||||||
Paid-in capital | $ | 2,564,980,792 | $ | 837,022,113 | $ | 172,197,357 | $ | 506,684,991 | ||||||
Undistributed net investment income (loss) | 57,994,926 | 361,540 | (473,398 | ) | (1,550,308 | ) | ||||||||
Accumulated net realized gain (loss) on investments | 62,138,810 | 239,768,206 | 30,962,216 | 262,663,107 | ||||||||||
Net unrealized appreciation (depreciation) on investments | 2,506,592,276 | 402,438,536 | 21,890,547 | 137,815,003 | ||||||||||
Net assets | $ | 5,191,706,804 | $ | 1,479,590,395 | $ | 224,576,722 | $ | 905,612,793 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 2,680,591,853 | $ | 1,077,220,206 | $ | 202,710,942 | $ | 767,841,609 | ||||||
Affiliated investments, at cost | $ | 18,731,923 | — | — | — | |||||||||
Securities loaned, at value | $ | 18,326,752 | — | — | — | |||||||||
Net asset value per share | ||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||
Series I | ||||||||||||||
Net assets | $ | 3,230,303,918 | $ | 282,408,987 | $ | 20,379,706 | $ | 138,172,572 | ||||||
Shares outstanding | 97,911,426 | 19,592,541 | 1,230,808 | 6,249,904 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 32.99 | $ | 14.41 | $ | 16.56 | $ | 22.11 | ||||||
Series II | ||||||||||||||
Net assets | $ | 69,976,380 | $ | 1,066,303,001 | $ | 173,438,446 | $ | 671,517,151 | ||||||
Shares outstanding | 2,121,652 | 74,001,439 | 10,505,899 | 30,551,552 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 32.98 | $ | 14.41 | $ | 16.51 | $ | 21.98 | ||||||
Series III | ||||||||||||||
Net assets | — | $ | 130,878,407 | $ | 30,758,570 | $ | 95,923,070 | |||||||
Shares outstanding | — | 9,063,278 | 1,859,488 | 4,354,013 | ||||||||||
Net asset value, offering price and redemption price per share | — | $ | 14.44 | $ | 16.54 | $ | 22.03 | |||||||
Series NAV | ||||||||||||||
Net assets | $ | 1,891,426,506 | — | — | — | |||||||||
Shares outstanding | 57,323,480 | — | — | — | ||||||||||
Net asset value, offering price and redemption price per share | $ | 33.00 | — | — | — |
The accompanying notes are an integral part of the financial statements. | 54 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
American | American | Capital | |||||||||||||
Growth-Income | International | Blue Chip | Appreciation | ||||||||||||
Assets | Trust | Trust | Growth Trust | Trust | |||||||||||
Unaffiliated investments, at value | $ | 1,059,950,100 | $ | 529,469,970 | $ | 1,836,735,406 | $ | 1,057,010,287 | |||||||
Affiliated investments, at value | — | — | 24,946,260 | 21,028,393 | |||||||||||
Total investments, at value | 1,059,950,100 | 529,469,970 | 1,861,681,666 | 1,078,038,680 | |||||||||||
Foreign currency, at value | — | — | — | 8 | |||||||||||
Dividends and interest receivable | — | — | 401,750 | 188,044 | |||||||||||
Receivable for fund shares sold | — | 7,046,141 | — | — | |||||||||||
Receivable for investments sold | 10,635,543 | — | 616,526 | 8,303,970 | |||||||||||
Receivable for securities lending income | — | — | 26,800 | — | |||||||||||
Other assets | 4,118 | 3,482 | 53,863 | 26,610 | |||||||||||
Total assets | 1,070,589,761 | 536,519,593 | 1,862,780,605 | 1,086,557,312 | |||||||||||
Liabilities | |||||||||||||||
Payable for investments purchased | — | 7,027,490 | 7,564,138 | — | |||||||||||
Payable for fund shares repurchased | 10,602,536 | — | 705,534 | 170,815 | |||||||||||
Payable upon return of securities loaned | — | — | 24,952,003 | 21,021,588 | |||||||||||
Payable to affiliates | |||||||||||||||
Accounting and legal services fees | 60,926 | 30,796 | 108,261 | 62,259 | |||||||||||
Trustees’ fees | 703 | 494 | 740 | 603 | |||||||||||
Other liabilities and accrued expenses | 30,883 | 23,582 | 168,084 | 119,802 | |||||||||||
Total liabilities | 10,695,048 | 7,082,362 | 33,498,760 | 21,375,067 | |||||||||||
Net assets | $ | 1,059,894,713 | $ | 529,437,231 | $ | 1,829,281,845 | $ | 1,065,182,245 | |||||||
Net assets consist of | |||||||||||||||
Paid-in capital | $ | 702,589,903 | $ | 431,364,166 | $ | 563,729,901 | $ | 445,914,156 | |||||||
Undistributed net investment income (loss) | (329,044 | ) | (645,998 | ) | 471,024 | 2,423,611 | |||||||||
Accumulated net realized gain (loss) on investments | 217,673,304 | 29,491,937 | 404,253,060 | 279,888,626 | |||||||||||
Net unrealized appreciation (depreciation) on investments | 139,960,550 | 69,227,126 | 860,827,860 | 336,955,852 | |||||||||||
Net assets | $ | 1,059,894,713 | $ | 529,437,231 | $ | 1,829,281,845 | $ | 1,065,182,245 | |||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 919,989,550 | $ | 460,242,844 | $ | 975,906,907 | $ | 720,055,639 | |||||||
Affiliated investments, at cost | — | — | $ | 24,947,016 | $ | 21,028,864 | |||||||||
Foreign currency, at cost | — | — | — | $ | 8 | ||||||||||
Securities loaned, at value | — | — | $ | 24,394,408 | $ | 20,605,278 | |||||||||
Net asset value per share | |||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||||||||||||||
Series I | |||||||||||||||
Net assets | $ | 278,285,823 | $ | 133,225,307 | $ | 337,693,840 | $ | 202,605,525 | |||||||
Shares outstanding | 14,808,114 | 6,094,391 | 8,655,454 | 12,457,196 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 18.79 | $ | 21.86 | $ | 39.02 | $ | 16.26 | |||||||
Series II | |||||||||||||||
Net assets | $ | 565,914,930 | $ | 355,284,432 | $ | 139,236,866 | $ | 71,291,617 | |||||||
Shares outstanding | 30,221,653 | 16,272,147 | 3,657,708 | 4,537,230 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 18.73 | $ | 21.83 | $ | 38.07 | $ | 15.71 | |||||||
Series III | |||||||||||||||
Net assets | $ | 215,693,960 | $ | 40,927,492 | — | — | |||||||||
Shares outstanding | 11,480,036 | 1,875,151 | — | — | |||||||||||
Net asset value, offering price and redemption price per share | $ | 18.79 | $ | 21.83 | — | — | |||||||||
Series NAV | |||||||||||||||
Net assets | — | — | $ | 1,352,351,139 | $ | 791,285,103 | |||||||||
Shares outstanding | — | — | 34,652,710 | 48,542,578 | |||||||||||
Net asset value, offering price and redemption price per share | — | — | $ | 39.03 | $ | 16.30 |
The accompanying notes are an integral part of the financial statements. | 55 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Capital | Emerging | |||||||||||||
Appreciation | Markets Value | Equity Income | Financial | |||||||||||
Assets | Value Trust | Trust | Trust | Industries Trust | ||||||||||
Unaffiliated investments, at value | $ | 386,087,531 | $ | 701,107,378 | $ | 1,740,370,266 | $ | 221,426,913 | ||||||
Affiliated investments, at value | 4,255,500 | 13,066,714 | 11,499,330 | 717,794 | ||||||||||
Repurchase agreements, at value | 2,139,000 | — | — | — | ||||||||||
Total investments, at value | 392,482,031 | 714,174,092 | 1,751,869,596 | 222,144,707 | ||||||||||
Unrealized appreciation on forward foreign currency contracts | — | — | — | 193,140 | ||||||||||
Receivable for futures variation margin | — | 175,750 | — | — | ||||||||||
Cash | 545 | 11,081,473 | — | 77,818 | ||||||||||
Foreign currency, at value | 86 | 1,218,407 | 9,984 | 7 | ||||||||||
Cash held at broker for futures contracts | — | 568,947 | — | — | ||||||||||
Dividends and interest receivable | 1,087,143 | 2,226,971 | 3,853,498 | 288,377 | ||||||||||
Receivable for fund shares sold | 14,484 | 985,199 | 70,258 | 70,156 | ||||||||||
Receivable for investments sold | 1,458,163 | 812,899 | 2,117,627 | 347,661 | ||||||||||
Receivable for securities lending income | 2,269 | 44,708 | 44,467 | 4,330 | ||||||||||
Other assets | 14,562 | 27,478 | 54,831 | 9,306 | ||||||||||
Total assets | 395,059,283 | 731,315,924 | 1,758,020,261 | 223,135,502 | ||||||||||
Liabilities | ||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | — | 2,809 | ||||||||||
Written options, at value | 1,880,106 | — | — | — | ||||||||||
Foreign capital gains tax payable | — | 92,805 | — | — | ||||||||||
Payable for investments purchased | 2,967,002 | 2,355,396 | 895,599 | 1,408,100 | ||||||||||
Payable for fund shares repurchased | 44,505 | 6,661 | 523,169 | 306,299 | ||||||||||
Payable upon return of securities loaned | 4,258,339 | 13,061,364 | 11,525,313 | 717,736 | ||||||||||
Payable to affiliates | ||||||||||||||
Accounting and legal services fees | 21,842 | 46,086 | 97,318 | 13,066 | ||||||||||
Trustees’ fees | 481 | 602 | 999 | 408 | ||||||||||
Other liabilities and accrued expenses | 68,105 | 153,798 | 180,005 | 42,280 | ||||||||||
Total liabilities | 9,240,380 | 15,716,712 | 13,222,403 | 2,490,698 | ||||||||||
Net assets | $ | 385,818,903 | $ | 715,599,212 | $ | 1,744,797,858 | $ | 220,644,804 | ||||||
Net assets consist of | ||||||||||||||
Paid-in capital | $ | 299,314,397 | $ | 722,316,953 | $ | 1,098,647,685 | $ | 163,317,282 | ||||||
Undistributed net investment income (loss) | 3,011,148 | 7,582,631 | 25,044,402 | 2,360,250 | ||||||||||
Accumulated net realized gain (loss) on investments | 41,274,630 | (34,485,360 | ) | 282,466,128 | 23,112,798 | |||||||||
Net unrealized appreciation (depreciation) on investments | 42,218,728 | 20,184,988 | 338,639,643 | 31,854,474 | ||||||||||
Net assets | $ | 385,818,903 | $ | 715,599,212 | $ | 1,744,797,858 | $ | 220,644,804 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 345,629,421 | $ | 680,865,193 | $ | 1,401,719,936 | $ | 189,763,954 | ||||||
Affiliated investments, at cost | $ | 4,255,668 | $ | 13,066,882 | $ | 11,499,914 | $ | 717,825 | ||||||
Foreign currency, at cost | $ | 85 | $ | 1,217,675 | $ | 9,913 | $ | 7 | ||||||
Premiums received on written options | $ | 1,502,071 | — | — | — | |||||||||
Securities loaned, at value | $ | 4,168,873 | $ | 31,353,731 | $ | 11,229,005 | $ | 699,697 | ||||||
Net asset value per share | ||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||
Series I | ||||||||||||||
Net assets | $ | 3,727,381 | $ | 7,534,745 | $ | 254,043,832 | $ | 155,633,440 | ||||||
Shares outstanding | 303,511 | 765,881 | 14,581,669 | 10,404,326 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 12.28 | $ | 9.84 | $ | 17.42 | $ | 14.96 | ||||||
Series II | ||||||||||||||
Net assets | $ | 290,268,915 | $ | 42,621,937 | $ | 130,067,691 | $ | 18,315,696 | ||||||
Shares outstanding | 23,750,249 | 4,336,523 | 7,506,120 | 1,234,406 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 12.22 | $ | 9.83 | $ | 17.33 | $ | 14.84 | ||||||
Series NAV | ||||||||||||||
Net assets | $ | 91,822,607 | $ | 665,442,530 | $ | 1,360,686,335 | $ | 46,695,668 | ||||||
Shares outstanding | 7,491,567 | 67,722,631 | 78,432,128 | 3,129,012 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 12.26 | $ | 9.83 | $ | 17.35 | $ | 14.92 |
The accompanying notes are an integral part of the financial statements. | 56 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Fundamental | Fundamental | |||||||||||||
All Cap Core | Large Cap | Health Sciences | ||||||||||||
Assets | Trust | Value Trust | Global Trust | Trust | ||||||||||
Unaffiliated investments, at value | $ | 1,881,344,214 | $ | 739,386,954 | $ | 220,587,780 | $ | 298,692,061 | ||||||
Affiliated investments, at value | — | — | 5,875,529 | — | ||||||||||
Total investments, at value | 1,881,344,214 | 739,386,954 | 226,463,309 | 298,692,061 | ||||||||||
Cash | 583,181 | 263,216 | 540,326 | — | ||||||||||
Foreign currency, at value | 26 | — | 160,486 | 39,934 | ||||||||||
Dividends and interest receivable | 1,408,437 | 684,112 | 456,289 | 124,855 | ||||||||||
Receivable for fund shares sold | 37,908 | — | 877,641 | 41,908 | ||||||||||
Receivable for investments sold | 4,975,935 | — | 1,021,273 | 779,782 | ||||||||||
Receivable for securities lending income | — | — | 6,007 | — | ||||||||||
Other assets | 54,563 | 26,709 | 12,271 | 11,200 | ||||||||||
Total assets | 1,888,404,264 | 740,360,991 | 229,537,602 | 299,689,740 | ||||||||||
Liabilities | ||||||||||||||
Payable for investments purchased | 3,169,466 | — | 667,654 | 599,856 | ||||||||||
Payable for fund shares repurchased | 179,525 | 1,342,511 | 7,147 | 31,569 | ||||||||||
Payable upon return of securities loaned | — | — | 5,864,538 | — | ||||||||||
Payable to affiliates | ||||||||||||||
Accounting and legal services fees | 106,367 | 42,355 | 13,072 | 16,808 | ||||||||||
Trustees’ fees | 701 | 697 | 445 | 433 | ||||||||||
Other liabilities and accrued expenses | 179,124 | 98,086 | 44,644 | 51,858 | ||||||||||
Total liabilities | 3,635,183 | 1,483,649 | 6,597,500 | 700,524 | ||||||||||
Net assets | $ | 1,884,769,081 | $ | 738,877,342 | $ | 222,940,102 | $ | 298,989,216 | ||||||
Net assets consist of | ||||||||||||||
Paid-in capital | $ | 1,111,443,006 | $ | 617,381,901 | $ | 208,071,614 | $ | 188,456,980 | ||||||
Undistributed net investment income (loss) | 6,397,781 | 6,345,858 | 3,393,585 | (1,234,473 | ) | |||||||||
Accumulated net realized gain (loss) on investments | 295,727,854 | 20,749,972 | (749,745 | ) | 40,533,760 | |||||||||
Net unrealized appreciation (depreciation) on investments | 471,200,440 | 94,399,611 | 12,224,648 | 71,232,949 | ||||||||||
Net assets | $ | 1,884,769,081 | $ | 738,877,342 | $ | 222,940,102 | $ | 298,989,216 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 1,410,143,773 | $ | 644,987,343 | $ | 208,361,171 | $ | 227,458,522 | ||||||
Affiliated investments, at cost | — | — | $ | 5,875,754 | — | |||||||||
Foreign currency, at cost | $ | 27 | — | $ | 160,641 | $ | 39,805 | |||||||
Securities loaned, at value | — | — | $ | 5,726,333 | — | |||||||||
Net asset value per share | ||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||
Series I | ||||||||||||||
Net assets | $ | 162,442,362 | $ | 467,595,154 | $ | 138,461,497 | $ | 108,503,201 | ||||||
Shares outstanding | 6,067,354 | 22,646,089 | 6,456,022 | 4,026,010 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 26.77 | $ | 20.65 | $ | 21.45 | $ | 26.95 | ||||||
Series II | ||||||||||||||
Net assets | $ | 52,793,782 | $ | 181,792,483 | $ | 39,548,795 | $ | 76,129,036 | ||||||
Shares outstanding | 1,978,464 | 8,752,365 | 1,853,803 | 3,042,514 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 26.68 | $ | 20.77 | $ | 21.33 | $ | 25.02 | ||||||
Series NAV | ||||||||||||||
Net assets | $ | 1,669,532,937 | $ | 89,489,705 | $ | 44,929,810 | $ | 114,356,979 | ||||||
Shares outstanding | 62,040,650 | 4,331,398 | 2,096,794 | 4,185,925 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 26.91 | $ | 20.66 | $ | 21.43 | $ | 27.32 |
The accompanying notes are an integral part of the financial statements. | 57 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
International | International | International | ||||||||||||
Equity Index | Growth Stock | Small Company | International | |||||||||||
Assets | Trust | Trust | Trust | Value Trust | ||||||||||
Unaffiliated investments, at value | $ | 757,214,728 | $ | 364,632,862 | $ | 136,732,122 | $ | 796,205,942 | ||||||
Affiliated investments, at value | 22,919,447 | — | 10,831,874 | 18,296,146 | ||||||||||
Total investments, at value | 780,134,175 | 364,632,862 | 147,563,996 | 814,502,088 | ||||||||||
Receivable for futures variation margin | 268,971 | — | — | — | ||||||||||
Cash | 3,050 | — | — | 653,108 | ||||||||||
Foreign currency, at value | 10,495,595 | 494,985 | 367,256 | 550,102 | ||||||||||
Cash held at broker for futures contracts | 1,238,931 | — | 41,283 | — | ||||||||||
Dividends and interest receivable | 2,779,955 | 1,104,492 | 290,088 | 3,337,186 | ||||||||||
Receivable for fund shares sold | 58,016 | — | 91,456 | 51,036 | ||||||||||
Receivable for investments sold | 4,871,260 | 2,832,055 | 2,426,469 | 4,442,098 | ||||||||||
Receivable for securities lending income | 30,461 | — | 22,428 | 15,232 | ||||||||||
Receivable due from advisor | 13,039 | — | — | — | ||||||||||
Other assets | 26,259 | 14,875 | 9,226 | 29,050 | ||||||||||
Total assets | 799,919,712 | 369,079,269 | 150,812,202 | 823,579,900 | ||||||||||
Liabilities | ||||||||||||||
Due to custodian | — | — | 1,345,652 | — | ||||||||||
Foreign capital gains tax payable | 81,724 | — | — | — | ||||||||||
Payable for investments purchased | 5,771,547 | 4,427,892 | 191,127 | 4,691,934 | ||||||||||
Payable for fund shares repurchased | 1,839 | 210,259 | 2,302 | 551,821 | ||||||||||
Payable upon return of securities loaned | 22,910,968 | — | 10,837,543 | 18,276,314 | ||||||||||
Payable to affiliates | ||||||||||||||
Accounting and legal services fees | 47,067 | 21,641 | 8,638 | 47,651 | ||||||||||
Trustees’ fees | 413 | 477 | 366 | 791 | ||||||||||
Other liabilities and accrued expenses | 143,564 | 62,568 | 75,260 | 123,571 | ||||||||||
Total liabilities | 28,957,122 | 4,722,837 | 12,460,888 | 23,692,082 | ||||||||||
Net assets | $ | 770,962,590 | $ | 364,356,432 | $ | 138,351,314 | $ | 799,887,818 | ||||||
Net assets consist of | ||||||||||||||
Paid-in capital | $ | 588,228,139 | $ | 292,528,188 | $ | 123,204,156 | $ | 737,895,477 | ||||||
Undistributed net investment income (loss) | 15,026,300 | 5,834,536 | 1,831,701 | 12,609,202 | ||||||||||
Accumulated net realized gain (loss) on investments | (5,616,951 | ) | 23,049,581 | 1,381,957 | (1,187,781 | ) | ||||||||
Net unrealized appreciation (depreciation) on investments | 173,325,102 | 42,944,127 | 11,933,500 | 50,570,920 | ||||||||||
Net assets | $ | 770,962,590 | $ | 364,356,432 | $ | 138,351,314 | $ | 799,887,818 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 582,429,607 | $ | 321,694,852 | $ | 124,798,516 | $ | 745,657,629 | ||||||
Affiliated investments, at cost | $ | 22,920,624 | — | $ | 10,831,705 | $ | 18,296,879 | |||||||
Foreign currency, at cost | $ | 10,859,629 | $ | 497,450 | $ | 366,547 | $ | 550,520 | ||||||
Securities loaned, at value | $ | 21,581,851 | — | $ | 10,102,716 | $ | 17,736,720 | |||||||
Net asset value per share | ||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||
Series I | ||||||||||||||
Net assets | $ | 390,739,102 | $ | 5,486,886 | $ | 32,698,183 | $ | 102,212,581 | ||||||
Shares outstanding | 21,999,875 | 314,424 | 2,111,687 | 7,388,435 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 17.76 | $ | 17.45 | $ | 15.48 | $ | 13.83 | ||||||
Series II | ||||||||||||||
Net assets | $ | 17,225,387 | $ | 18,034,942 | $ | 18,632,220 | $ | 61,794,583 | ||||||
Shares outstanding | 969,629 | 1,034,002 | 1,206,187 | 4,475,486 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 17.76 | $ | 17.44 | $ | 15.45 | $ | 13.81 | ||||||
Series NAV | ||||||||||||||
Net assets | $ | 362,998,101 | $ | 340,834,604 | $ | 87,020,911 | $ | 635,880,654 | ||||||
Shares outstanding | 20,438,914 | 19,518,125 | 5,615,641 | 46,311,295 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 17.76 | $ | 17.46 | $ | 15.50 | $ | 13.73 |
The accompanying notes are an integral part of the financial statements. | 58 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Lifestyle | Lifestyle | Lifestyle | Lifestyle | |||||||||||||
Aggressive | Balanced | Conservative | Growth | |||||||||||||
Assets | Portfolio | Portfolio | Portfolio | Portfolio | ||||||||||||
Unaffiliated investments, at value | $ | 6,005,610 | — | $ | 588 | $ | 520,602 | |||||||||
Affiliated investments, at value | 330,908 | — | — | — | ||||||||||||
Affiliated funds, at value | 27,396,689 | $ | 1,012,022,553 | 180,492,708 | 6,633,101,650 | |||||||||||
Total investments, at value | 33,733,207 | 1,012,022,553 | 180,493,296 | 6,633,622,252 | ||||||||||||
Dividends and interest receivable | 6,418 | — | — | 74,900 | ||||||||||||
Receivable for fund shares sold | 2,306 | 11,358 | 57,302 | 17,274 | ||||||||||||
Receivable for investments sold | 7,283 | 621,354 | — | 2,714,046 | ||||||||||||
Receivable for securities lending income | 60 | — | — | — | ||||||||||||
Receivable due from advisor | 11,288 | — | 9,605 | — | ||||||||||||
Other assets | 2,829 | 4,020 | 2,995 | 12,490 | ||||||||||||
Total assets | 33,763,391 | 1,012,659,285 | 180,563,198 | 6,636,440,962 | ||||||||||||
Liabilities | ||||||||||||||||
Due to custodian | — | — | — | 8,497 | ||||||||||||
Payable for investments purchased | 136,305 | — | 52,859 | — | ||||||||||||
Payable for fund shares repurchased | 2,333 | 618,419 | 1,799 | 2,634,607 | ||||||||||||
Payable upon return of securities loaned | 330,937 | — | — | — | ||||||||||||
Payable to affiliates | ||||||||||||||||
Accounting and legal services fees | 1,838 | 58,103 | 10,538 | 488,874 | ||||||||||||
Trustees’ fees | 365 | 674 | 433 | — | ||||||||||||
Other liabilities and accrued expenses | 31,543 | 34,984 | 31,786 | 13,681 | ||||||||||||
Total liabilities | 503,321 | 712,180 | 97,415 | 3,145,659 | ||||||||||||
Net assets | $ | 33,260,070 | $ | 1,011,947,105 | $ | 180,465,783 | $ | 6,633,295,303 | ||||||||
Net assets consist of | ||||||||||||||||
Paid-in capital | $ | 28,051,488 | $ | 926,474,677 | $ | 178,267,075 | $ | 5,801,047,287 | ||||||||
Undistributed net investment income (loss) | (1,894 | ) | (1,486,910 | ) | (274,729 | ) | (10,008,442 | ) | ||||||||
Accumulated net realized gain (loss) on investments | 1,237,451 | 20,679,023 | 1,671,275 | 148,402,042 | ||||||||||||
Net unrealized appreciation (depreciation) on investments | 3,973,025 | 66,280,315 | 802,162 | 693,854,416 | ||||||||||||
Net assets | $ | 33,260,070 | $ | 1,011,947,105 | $ | 180,465,783 | $ | 6,633,295,303 | ||||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 5,317,461 | — | $ | 588 | $ | 765,507 | |||||||||
Affiliated investments, at cost | $ | 330,927 | — | — | — | |||||||||||
Affiliated funds, at cost | $ | 24,111,794 | $ | 945,742,238 | $ | 179,690,546 | $ | 5,939,002,329 | ||||||||
Securities loaned, at value | $ | 324,350 | — | — | — | |||||||||||
Net asset value per share | ||||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||||
Series I | ||||||||||||||||
Net assets | $ | 3,549,757 | $ | 35,081,008 | $ | 11,761,514 | $ | 230,321,312 | ||||||||
Shares outstanding | 232,571 | 2,347,825 | 887,077 | 14,009,009 | ||||||||||||
Net asset value, offering price and redemption price per share | $ | 15.26 | $ | 14.94 | $ | 13.26 | $ | 16.44 | ||||||||
Series II | ||||||||||||||||
Net assets | $ | 19,490,828 | $ | 889,475,292 | $ | 164,678,413 | $ | 6,050,472,245 | ||||||||
Shares outstanding | 1,278,573 | 59,473,901 | 12,416,727 | 367,978,716 | ||||||||||||
Net asset value, offering price and redemption price per share | $ | 15.24 | $ | 14.96 | $ | 13.26 | $ | 16.44 | ||||||||
Series NAV | ||||||||||||||||
Net assets | $ | 10,219,485 | $ | 87,390,805 | $ | 4,025,856 | $ | 352,501,746 | ||||||||
Shares outstanding | 669,586 | 5,852,457 | 303,805 | 21,446,652 | ||||||||||||
Net asset value, offering price and redemption price per share | $ | 15.26 | $ | 14.93 | $ | 13.25 | $ | 16.44 |
The accompanying notes are an integral part of the financial statements. | 59 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Lifestyle | |||||||||||||||
Moderate | Mid Cap Index | Mid Cap Stock | |||||||||||||
Assets | Portfolio | Trust | Trust | Mid Value Trust | |||||||||||
Unaffiliated investments, at value | $ | 527 | $ | 1,531,440,262 | $ | 749,205,712 | $ | 791,138,673 | |||||||
Affiliated investments, at value | — | 74,456,370 | 69,097,324 | 37,860,796 | |||||||||||
Affiliated funds, at value | 313,316,708 | — | — | — | |||||||||||
Repurchase agreements, at value | — | 6,024,000 | 40,200,000 | — | |||||||||||
Total investments, at value | 313,317,235 | 1,611,920,632 | 858,503,036 | 828,999,469 | |||||||||||
Receivable for futures variation margin | — | 49,108 | — | — | |||||||||||
Cash | — | 267 | 84,207 | — | |||||||||||
Foreign currency, at value | — | — | — | 45,169 | |||||||||||
Cash held at broker for futures contracts | — | 2,346,000 | — | — | |||||||||||
Dividends and interest receivable | — | 1,406,255 | 299,141 | 884,195 | |||||||||||
Receivable for fund shares sold | 3,200 | 161,581 | — | — | |||||||||||
Receivable for investments sold | 28,131 | 9,687,102 | 505,649 | 816,978 | |||||||||||
Receivable for securities lending income | — | 36,442 | 29,081 | 13,309 | |||||||||||
Receivable due from advisor | 7,638 | — | — | — | |||||||||||
Other assets | 3,167 | 34,565 | 998,126 | 26,290 | |||||||||||
Total assets | 313,359,371 | 1,625,641,952 | 860,419,240 | 830,785,410 | |||||||||||
Liabilities | |||||||||||||||
Payable for investments purchased | — | 5,016,400 | 740,882 | — | |||||||||||
Payable for fund shares repurchased | 26,818 | 3,799,923 | 1,025,770 | 345,936 | |||||||||||
Payable upon return of securities loaned | — | 74,470,801 | 69,111,346 | 37,869,621 | |||||||||||
Payable to affiliates | |||||||||||||||
Accounting and legal services fees | 17,949 | 97,881 | 52,293 | 44,303 | |||||||||||
Trustees’ fees | 468 | 356 | 957 | 674 | |||||||||||
Other liabilities and accrued expenses | 31,860 | 112,195 | 122,230 | 91,064 | |||||||||||
Total liabilities | 77,095 | 83,497,556 | 71,053,478 | 38,351,598 | |||||||||||
Net assets | $ | 313,282,276 | $ | 1,542,144,396 | $ | 789,365,762 | $ | 792,433,812 | |||||||
Net assets consist of | |||||||||||||||
Paid-in capital | $ | 294,021,340 | $ | 1,036,234,505 | $ | 457,671,139 | $ | 565,544,125 | |||||||
Undistributed net investment income (loss) | (480,780 | ) | 17,983,284 | (1,399,527 | ) | 5,685,889 | |||||||||
Accumulated net realized gain (loss) on investments | 5,465,603 | 186,054,147 | 187,978,615 | 97,591,617 | |||||||||||
Net unrealized appreciation (depreciation) on investments | 14,276,113 | 301,872,460 | 145,115,535 | 123,612,181 | |||||||||||
Net assets | $ | 313,282,276 | $ | 1,542,144,396 | $ | 789,365,762 | $ | 792,433,812 | |||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 527 | $ | 1,234,612,678 | $ | 644,551,415 | $ | 667,524,676 | |||||||
Affiliated investments, at cost | — | $ | 74,459,307 | $ | 69,100,050 | $ | 37,863,659 | ||||||||
Affiliated funds, at cost | $ | 299,040,595 | — | — | — | ||||||||||
Foreign currency, at cost | — | — | — | $ | 44,555 | ||||||||||
Securities loaned, at value | — | $ | 72,905,648 | $ | 67,426,185 | $ | 36,786,807 | ||||||||
Net asset value per share | |||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||||||||||||||
Series I | |||||||||||||||
Net assets | $ | 10,392,568 | $ | 1,253,226,306 | $ | 173,364,320 | $ | 305,192,402 | |||||||
Shares outstanding | 723,265 | 52,766,011 | 8,638,722 | 25,497,000 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 14.37 | $ | 23.75 | $ | 20.07 | $ | 11.97 | |||||||
Series II | |||||||||||||||
Net assets | $ | 282,096,953 | $ | 84,108,934 | $ | 88,510,268 | $ | 59,631,664 | |||||||
Shares outstanding | 19,613,985 | 3,561,318 | 4,662,032 | 4,981,894 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 14.38 | $ | 23.62 | $ | 18.99 | $ | 11.97 | |||||||
Series NAV | |||||||||||||||
Net assets | $ | 20,792,755 | $ | 204,809,156 | $ | 527,491,174 | $ | 427,609,746 | |||||||
Shares outstanding | 1,447,209 | 8,622,251 | 25,971,983 | 35,915,156 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 14.37 | $ | 23.75 | $ | 20.31 | $ | 11.91 |
The accompanying notes are an integral part of the financial statements. | 60 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Science & | |||||||||||||||
Mutual Shares | Real Estate | Technology | Small Cap | ||||||||||||
Assets | Trust | Securities Trust | Trust | Index Trust | |||||||||||
Unaffiliated investments, at value | $ | 163,737,002 | $ | 349,651,224 | $ | 824,021,319 | $ | 636,961,680 | |||||||
Affiliated investments, at value | 1,379,649 | — | 32,133,355 | 65,016,790 | |||||||||||
Repurchase agreements, at value | — | — | 29,243,000 | 5,021,000 | |||||||||||
Total investments, at value | 165,116,651 | 349,651,224 | 885,397,674 | 706,999,470 | |||||||||||
Unrealized appreciation on forward foreign currency contracts | 119,923 | — | — | — | |||||||||||
Cash | 76,204 | — | 172 | 452 | |||||||||||
Foreign currency, at value | 236,616 | — | 659,568 | — | |||||||||||
Cash held at broker for futures contracts | — | — | — | 1,624,000 | |||||||||||
Dividends and interest receivable | 392,675 | 1,598,462 | 152,242 | 586,547 | |||||||||||
Receivable for fund shares sold | 59,669 | 6,773 | 15,768 | 28,529 | |||||||||||
Receivable for investments sold | 91,833 | 9,699,441 | 10,662,280 | 95,350 | |||||||||||
Receivable for securities lending income | 337 | — | 26,973 | 73,920 | |||||||||||
Other assets | 7,779 | 13,760 | 22,195 | 19,078 | |||||||||||
Total assets | 166,101,687 | 360,969,660 | 896,936,872 | 709,427,346 | |||||||||||
Liabilities | |||||||||||||||
Unrealized depreciation on forward foreign currency contracts | 23,452 | — | — | — | |||||||||||
Payable for futures variation margin | — | — | — | 44,588 | |||||||||||
Payable for investments purchased | 314,253 | 11,590,768 | 8,104,765 | — | |||||||||||
Payable for fund shares repurchased | — | 80,507 | 2,139,470 | 776,547 | |||||||||||
Payable upon return of securities loaned | 1,380,089 | — | 32,145,144 | 64,989,498 | |||||||||||
Payable to affiliates | |||||||||||||||
Accounting and legal services fees | 9,518 | 19,018 | 50,637 | 36,158 | |||||||||||
Trustees’ fees | 429 | 518 | 354 | 489 | |||||||||||
Other liabilities and accrued expenses | 49,393 | 57,025 | 93,684 | 66,380 | |||||||||||
Total liabilities | 1,777,134 | 11,747,836 | 42,534,054 | 65,913,660 | |||||||||||
Net assets | $ | 164,324,553 | $ | 349,221,824 | $ | 854,402,818 | $ | 643,513,686 | |||||||
Net assets consist of | |||||||||||||||
Paid-in capital | $ | 138,686,122 | $ | 329,606,443 | $ | 510,451,527 | $ | 380,850,296 | |||||||
Undistributed net investment income (loss) | 2,141,781 | 10,644,867 | (1,313,963 | ) | 6,878,028 | ||||||||||
Accumulated net realized gain (loss) on investments | 12,848,678 | (10,408,256 | ) | 216,680,745 | 82,493,608 | ||||||||||
Net unrealized appreciation (depreciation) on investments | 10,647,972 | 19,378,770 | 128,584,509 | 173,291,754 | |||||||||||
Net assets | $ | 164,324,553 | $ | 349,221,824 | $ | 854,402,818 | $ | 643,513,686 | |||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 153,186,251 | $ | 330,272,454 | $ | 724,698,387 | $ | 468,323,379 | |||||||
Affiliated investments, at cost | $ | 1,379,706 | — | $ | 32,135,143 | $ | 65,018,434 | ||||||||
Foreign currency, at cost | $ | 237,746 | — | $ | 642,532 | — | |||||||||
Securities loaned, at value | $ | 1,313,691 | — | $ | 31,070,860 | $ | 63,471,536 | ||||||||
Net asset value per share | |||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||||||||||||||
Series I | |||||||||||||||
Net assets | $ | 164,324,553 | $ | 71,895,120 | $ | 731,934,764 | $ | 444,445,440 | |||||||
Shares outstanding | 24,698,240 | 3,607,197 | 21,325,287 | 25,719,602 | |||||||||||
Net asset value, offering price and redemption price per share | $ | 6.65 | $ | 19.93 | $ | 34.32 | $ | 17.28 | |||||||
Series II | |||||||||||||||
Net assets | — | $ | 41,160,169 | $ | 62,205,077 | $ | 41,863,866 | ||||||||
Shares outstanding | — | 2,064,441 | 1,888,202 | 2,437,942 | |||||||||||
Net asset value, offering price and redemption price per share | — | $ | 19.94 | $ | 32.94 | $ | 17.17 | ||||||||
Series NAV | |||||||||||||||
Net assets | — | $ | 236,166,535 | $ | 60,262,977 | $ | 157,204,380 | ||||||||
Shares outstanding | — | 11,920,454 | 1,738,708 | 9,085,461 | |||||||||||
Net asset value, offering price and redemption price per share | — | $ | 19.81 | $ | 34.66 | $ | 17.30 |
The accompanying notes are an integral part of the financial statements. | 61 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Small Cap | ||||||||||||||
Opportunities | Small Cap Stock | Small Cap | Small Company | |||||||||||
Assets | Trust | Trust | Value Trust | Value Trust | ||||||||||
Unaffiliated investments, at value | $ | 163,199,792 | $ | 468,135,096 | $ | 600,295,998 | $ | 289,165,304 | ||||||
Affiliated investments, at value | 6,035,596 | 32,841,833 | 11,862,767 | 8,128,771 | ||||||||||
Repurchase agreements, at value | — | 5,900,000 | 21,800,000 | — | ||||||||||
Total investments, at value | 169,235,388 | 506,876,929 | 633,958,765 | 297,294,075 | ||||||||||
Cash | — | 72,029 | 76,841 | 475 | ||||||||||
Foreign currency, at value | — | 11 | 23 | — | ||||||||||
Dividends and interest receivable | 94,408 | 166,951 | 1,217,793 | 181,060 | ||||||||||
Receivable for fund shares sold | 2,497 | 48,908 | — | 9,308 | ||||||||||
Receivable for investments sold | 238,454 | 7,836,529 | 185,594 | 1,215,375 | ||||||||||
Receivable for securities lending income | 3,646 | 20,992 | 29,641 | 4,442 | ||||||||||
Other assets | 8,985 | 292,165 | 20,983 | 10,770 | ||||||||||
Total assets | 169,583,378 | 515,314,514 | 635,489,640 | 298,715,505 | ||||||||||
Liabilities | ||||||||||||||
Payable for investments purchased | 458,774 | 3,561,812 | 1,451,854 | 3,188,768 | ||||||||||
Payable for fund shares repurchased | 37,145 | 4,043 | 2,456,430 | 47,724 | ||||||||||
Payable upon return of securities loaned | 6,037,185 | 32,854,485 | 11,865,309 | 8,131,191 | ||||||||||
Payable to affiliates | ||||||||||||||
Accounting and legal services fees | 8,974 | 27,575 | 35,004 | 16,583 | ||||||||||
Trustees’ fees | 445 | 449 | 672 | 456 | ||||||||||
Other liabilities and accrued expenses | 43,699 | 57,148 | 84,410 | 48,071 | ||||||||||
Total liabilities | 6,586,222 | 36,505,512 | 15,893,679 | 11,432,793 | ||||||||||
Net assets | $ | 162,997,156 | $ | 478,809,002 | $ | 619,595,961 | $ | 287,282,712 | ||||||
Net assets consist of | ||||||||||||||
Paid-in capital | $ | 97,008,823 | $ | 325,765,508 | $ | 396,660,473 | $ | 155,557,202 | ||||||
Undistributed net investment income (loss) | 689,461 | (1,258,230 | ) | 4,512,318 | 1,412,394 | |||||||||
Accumulated net realized gain (loss) on investments | 35,231,465 | 73,121,417 | 76,777,839 | 43,565,630 | ||||||||||
Net unrealized appreciation (depreciation) on investments | 30,067,407 | 81,180,307 | 141,645,331 | 86,747,486 | ||||||||||
Net assets | $ | 162,997,156 | $ | 478,809,002 | $ | 619,595,961 | $ | 287,282,712 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 133,131,967 | $ | 392,983,449 | $ | 480,449,036 | $ | 202,417,410 | ||||||
Affiliated investments, at cost | $ | 6,036,014 | $ | 32,843,767 | $ | 11,863,382 | $ | 8,129,179 | ||||||
Foreign currency, at cost | — | $ | 11 | $ | 23 | — | ||||||||
Securities loaned, at value | $ | 5,902,218 | $ | 32,002,501 | $ | 11,553,694 | $ | 7,874,338 | ||||||
Net asset value per share | ||||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||||
Series I | ||||||||||||||
Net assets | $ | 95,522,916 | $ | 102,427,824 | $ | 282,562,821 | $ | 63,506,613 | ||||||
Shares outstanding | 2,837,371 | 9,079,203 | 13,454,527 | 2,945,518 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 33.67 | $ | 11.28 | $ | 21.00 | $ | 21.56 | ||||||
Series II | ||||||||||||||
Net assets | $ | 37,721,319 | $ | 34,099,008 | $ | 32,572,509 | $ | 51,623,012 | ||||||
Shares outstanding | 1,140,609 | 3,175,309 | 1,561,423 | 2,446,807 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 33.07 | $ | 10.74 | $ | 20.86 | $ | 21.10 | ||||||
Series NAV | ||||||||||||||
Net assets | $ | 29,752,921 | $ | 342,282,170 | $ | 304,460,631 | $ | 172,153,087 | ||||||
Shares outstanding | 888,237 | 30,001,910 | 14,540,302 | 8,002,902 | ||||||||||
Net asset value, offering price and redemption price per share | $ | 33.50 | $ | 11.41 | $ | 20.94 | $ | 21.51 |
The accompanying notes are an integral part of the financial statements. | 62 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Total Stock | ||||||||||
Strategic Equity | Market Index | |||||||||
Assets | Allocation Trust | Trust | Utilities Trust | |||||||
Unaffiliated investments, at value | $ | 10,735,532,852 | $ | 759,658,366 | $ | 270,901,261 | ||||
Affiliated investments, at value | 147,681,078 | 20,087,262 | 5,465,270 | |||||||
Repurchase agreements, at value | 19,619,000 | 2,572,000 | — | |||||||
Total investments, at value | 10,902,832,930 | 782,317,628 | 276,366,531 | |||||||
Unrealized appreciation on forward foreign currency contracts | — | — | 1,030,300 | |||||||
Receivable for futures variation margin | 812,018 | 8,515 | — | |||||||
Cash | 7,849 | 250 | — | |||||||
Foreign currency, at value | 6,909,554 | 96,479 | 3,623 | |||||||
Cash held at broker for futures contracts | 25,860,000 | 1,425,000 | — | |||||||
Dividends and interest receivable | 22,402,098 | 635,829 | 973,940 | |||||||
Receivable for investments sold | 13,634,247 | 28,360 | 880,930 | |||||||
Receivable for securities lending income | 224,144 | 24,841 | 13,349 | |||||||
Other assets | 337,287 | 25,572 | 12,460 | |||||||
Total assets | 10,973,020,127 | 784,562,474 | 279,281,133 | |||||||
Liabilities | ||||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | 30,956 | |||||||
Payable for investments purchased | 7,819,746 | — | 324,419 | |||||||
Payable for fund shares repurchased | 2,487,699 | 1,540,147 | 685,312 | |||||||
Payable upon return of securities loaned | 147,781,183 | 20,093,191 | 5,482,314 | |||||||
Payable to affiliates | ||||||||||
Accounting and legal services fees | 620,137 | 42,952 | 15,156 | |||||||
Trustees’ fees | 4,059 | 851 | 485 | |||||||
Other liabilities and accrued expenses | 1,446,472 | 78,829 | 60,924 | |||||||
Total liabilities | 160,159,296 | 21,755,970 | 6,599,566 | |||||||
Net assets | $ | 10,812,860,831 | $ | 762,806,504 | $ | 272,681,567 | ||||
Net assets consist of | ||||||||||
Paid-in capital | $ | 6,215,504,200 | $ | 344,299,119 | $ | 249,732,644 | ||||
Undistributed net investment income (loss) | 152,699,398 | 8,376,905 | 8,264,580 | |||||||
Accumulated net realized gain (loss) on investments | 569,039,412 | 58,814,377 | (4,122,840 | ) | ||||||
Net unrealized appreciation (depreciation) on investments | 3,875,617,821 | 351,316,103 | 18,807,183 | |||||||
Net assets | $ | 10,812,860,831 | $ | 762,806,504 | $ | 272,681,567 | ||||
Unaffiliated investments, including repurchase agreements, at cost | $ | 6,872,050,505 | $ | 410,532,202 | $ | 253,091,870 | ||||
Affiliated investments, at cost | $ | 147,670,329 | $ | 20,088,402 | $ | 5,465,434 | ||||
Foreign currency, at cost | $ | 7,005,707 | $ | 99,350 | $ | 3,588 | ||||
Securities loaned, at value | $ | 141,589,805 | $ | 19,636,203 | $ | 5,327,167 | ||||
Net asset value per share | ||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||
Series I | ||||||||||
Net assets | — | $ | 568,680,038 | $ | 230,255,801 | |||||
Shares outstanding | — | 24,631,420 | 15,933,564 | |||||||
Net asset value, offering price and redemption price per share | — | $ | 23.09 | $ | 14.45 | |||||
Series II | ||||||||||
Net assets | — | $ | 43,418,979 | $ | 13,106,070 | |||||
Shares outstanding | — | 1,889,268 | 917,374 | |||||||
Net asset value, offering price and redemption price per share | — | $ | 22.98 | $ | 14.29 | |||||
Series NAV | ||||||||||
Net assets | $ | 10,812,860,831 | $ | 150,707,487 | $ | 29,319,696 | ||||
Shares outstanding | 538,785,954 | 6,527,430 | 2,031,174 | |||||||
Net asset value, offering price and redemption price per share | $ | 20.07 | $ | 23.09 | $ | 14.43 |
The accompanying notes are an integral part of the financial statements. | 63 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
American | ||||||||||||||||
American Asset | Global Growth | American | ||||||||||||||
Investment income | 500 Index Trust | Allocation Trust | Trust | Growth Trust | ||||||||||||
Dividends | $ | 48,340,503 | $ | 5,294,571 | $ | 280,181 | $ | 1,335,546 | ||||||||
Interest | 1,054,647 | — | — | — | ||||||||||||
Securities lending | 38,400 | — | — | — | ||||||||||||
Total investment income | 49,433,550 | 5,294,571 | 280,181 | 1,335,546 | ||||||||||||
Expenses | ||||||||||||||||
Investment management fees | 11,892,071 | — | — | — | ||||||||||||
Distribution and service fees | 888,268 | 5,138,109 | 788,097 | 3,112,213 | ||||||||||||
Accounting and legal services fees | 405,205 | 116,791 | 18,008 | 71,631 | ||||||||||||
Trustees’ fees | 42,236 | 13,034 | 2,248 | 7,906 | ||||||||||||
Custodian fees | 282,634 | 5,828 | 5,801 | 5,801 | ||||||||||||
Printing and postage | 52,312 | 20,120 | 4,958 | 13,367 | ||||||||||||
Professional fees | 54,437 | 24,731 | 14,560 | 18,636 | ||||||||||||
Other | 49,405 | 8,689 | 3,292 | 6,136 | ||||||||||||
Total expenses | 13,666,568 | 5,327,302 | 836,964 | 3,235,690 | ||||||||||||
Less expense reductions | (6,328,386 | ) | (394,271 | ) | (83,385 | ) | (349,836 | ) | ||||||||
Net expenses | 7,338,182 | 4,933,031 | 753,579 | 2,885,854 | ||||||||||||
Net investment income (loss) | 42,095,368 | 361,540 | (473,398 | ) | (1,550,308 | ) | ||||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 41,806,894 | 52,587,306 | 4,029,330 | 42,248,770 | ||||||||||||
Affiliated investments | (792 | ) | — | — | — | |||||||||||
Capital gain distributions received from unaffiliated investments | — | 64,174,923 | 15,344,421 | 89,470,706 | ||||||||||||
Futures contracts | 5,814,676 | — | — | — | ||||||||||||
47,620,778 | 116,762,229 | 19,373,751 | 131,719,476 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 41,339,168 | (104,115,499 | ) | (12,034,435 | ) | (45,212,529 | ) | |||||||||
Affiliated investments | (217 | ) | — | — | — | |||||||||||
Futures contracts | (5,188,063 | ) | — | — | — | |||||||||||
36,150,888 | (104,115,499 | ) | (12,034,435 | ) | (45,212,529 | ) | ||||||||||
Net realized and unrealized gain (loss) | 83,771,666 | 12,646,730 | 7,339,316 | 86,506,947 | ||||||||||||
Increase in net assets from operations | $ | 125,867,034 | $ | 13,008,270 | $ | 6,865,918 | $ | 84,956,639 |
The accompanying notes are an integral part of the financial statements. | 64 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
American | American | Capital | ||||||||||||||
Growth-Income | International | Blue Chip | Appreciation | |||||||||||||
Investment income | Trust | Trust | Growth Trust | Trust | ||||||||||||
Dividends | $ | 2,874,853 | $ | 1,209,795 | $ | 6,711,333 | $ | 4,394,720 | ||||||||
Interest | — | — | 54,158 | 23,775 | ||||||||||||
Securities lending | — | — | 109,845 | 112,924 | ||||||||||||
Less foreign taxes withheld | — | — | (10,079 | ) | (37,300 | ) | ||||||||||
Non-cash dividends | — | — | — | 1,439,314 | ||||||||||||
Total investment income | 2,874,853 | 1,209,795 | 6,865,257 | 5,933,433 | ||||||||||||
Expenses | ||||||||||||||||
Investment management fees | — | — | 6,961,904 | 3,771,221 | ||||||||||||
Distribution and service fees | 3,315,778 | 1,834,011 | 259,826 | 138,741 | ||||||||||||
Accounting and legal services fees | 84,035 | 42,195 | 146,394 | 84,353 | ||||||||||||
Trustees’ fees | 9,323 | 4,835 | 15,328 | 9,084 | ||||||||||||
Custodian fees | 5,806 | 5,801 | 110,010 | 69,530 | ||||||||||||
Printing and postage | 15,007 | 8,701 | 26,687 | 13,114 | ||||||||||||
Professional fees | 19,824 | 15,753 | 34,035 | 27,205 | ||||||||||||
Other | 6,859 | 4,591 | 21,337 | 16,824 | ||||||||||||
Total expenses | 3,456,632 | 1,915,887 | 7,575,521 | 4,130,072 | ||||||||||||
Less expense reductions | (251,494 | ) | (60,094 | ) | (332,636 | ) | (45,760 | ) | ||||||||
Net expenses | 3,205,138 | 1,855,793 | 7,242,885 | 4,084,312 | ||||||||||||
Net investment income (loss) | (330,285 | ) | (645,998 | ) | (377,628 | ) | 1,849,121 | |||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 41,131,309 | 16,266,690 | 162,759,316 | 101,552,854 | ||||||||||||
Affiliated investments | — | — | (1,860 | ) | 2,201 | |||||||||||
Capital gain distributions received from unaffiliated investments | 72,253,166 | 24,542,930 | — | — | ||||||||||||
113,384,475 | 40,809,620 | 162,757,456 | 101,555,055 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (46,071,358 | ) | (41,588,772 | ) | 46,788,673 | 11,665,445 | ||||||||||
Affiliated investments | — | — | (803 | ) | 1,229 | |||||||||||
(46,071,358 | ) | (41,588,772 | ) | 46,787,870 | 11,666,674 | |||||||||||
Net realized and unrealized gain (loss) | 67,313,117 | (779,152 | ) | 209,545,326 | 113,221,729 | |||||||||||
Increase (decrease) in net assets from operations | $ | 66,982,832 | $ | (1,425,150 | ) | $ | 209,167,698 | $ | 115,070,850 |
The accompanying notes are an integral part of the financial statements. | 65 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Capital | Emerging | |||||||||||||||
Appreciation | Markets Value | Equity Income | Financial | |||||||||||||
Investment income | Value Trust | Trust | Trust | Industries Trust | ||||||||||||
Dividends | $ | 2,291,568 | $ | 10,828,392 | $ | 24,935,318 | $ | 2,866,691 | ||||||||
Interest | 1,913,747 | 95,092 | 457,736 | 47,594 | ||||||||||||
Securities lending | 25,802 | 305,810 | 120,467 | 38,359 | ||||||||||||
Less foreign taxes withheld | (15,086 | ) | (1,220,668 | ) | (241,030 | ) | (158,247 | ) | ||||||||
Total investment income | 4,216,031 | 10,008,626 | 25,272,491 | 2,794,397 | ||||||||||||
Expenses | ||||||||||||||||
Investment management fees | 1,589,128 | 3,656,627 | 6,381,404 | 889,179 | ||||||||||||
Distribution and service fees | 371,190 | 61,812 | 236,117 | 65,474 | ||||||||||||
Accounting and legal services fees | 30,162 | 60,317 | 135,407 | 18,173 | ||||||||||||
Trustees’ fees | 3,575 | 6,599 | 15,102 | 2,228 | ||||||||||||
Custodian fees | 28,529 | 229,140 | 109,766 | 21,927 | ||||||||||||
Printing and postage | 7,193 | 11,793 | 24,436 | 7,725 | ||||||||||||
Professional fees | 28,113 | 35,416 | 39,376 | 19,814 | ||||||||||||
Other | 7,910 | 37,132 | 29,081 | 6,714 | ||||||||||||
Total expenses | 2,065,800 | 4,098,836 | 6,970,689 | 1,031,234 | ||||||||||||
Less expense reductions | (81,108 | ) | (32,746 | ) | (295,405 | ) | (9,953 | ) | ||||||||
Net expenses | 1,984,692 | 4,066,090 | 6,675,284 | 1,021,281 | ||||||||||||
Net investment income | 2,231,339 | 5,942,536 | 18,597,207 | 1,773,116 | ||||||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 14,258,652 | 23,136,142 | 74,771,992 | 8,103,746 | ||||||||||||
Affiliated investments | (1,452 | ) | 101 | (8,244 | ) | (178 | ) | |||||||||
Futures contracts | — | (438,870 | ) | — | — | |||||||||||
Forward foreign currency contracts | — | — | — | 1,623,800 | ||||||||||||
Written options | 53,085 | — | — | — | ||||||||||||
14,310,285 | 22,697,373 | 74,763,748 | 9,727,368 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (9,742,205 | ) | (83,134,416 | ) | (100,322,834 | ) | (11,820,988 | ) | ||||||||
Affiliated investments | (149 | ) | 916 | 315 | (32 | ) | ||||||||||
Futures contracts | — | 40,779 | — | — | ||||||||||||
Forward foreign currency contracts | — | — | — | 190,331 | ||||||||||||
Written options | 2,688,995 | — | — | — | ||||||||||||
(7,053,359 | ) | (83,092,721 | ) | (100,322,519 | ) | (11,630,689 | ) | |||||||||
Net realized and unrealized gain (loss) | 7,256,926 | (60,395,348 | ) | (25,558,771 | ) | (1,903,321 | ) | |||||||||
Increase (decrease) in net assets from operations | $ | 9,488,265 | $ | (54,452,812 | ) | $ | (6,961,564 | ) | $ | (130,205 | ) |
The accompanying notes are an integral part of the financial statements. | 66 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Fundamental | Fundamental | |||||||||||||||
All Cap Core | Large Cap | Health Sciences | ||||||||||||||
Investment income | Trust | Value Trust | Global Trust | Trust | ||||||||||||
Dividends | $ | 9,996,493 | $ | 7,770,636 | $ | 4,251,925 | $ | 1,193,094 | ||||||||
Interest | 212,520 | 48,055 | 88,286 | 16,605 | ||||||||||||
Securities lending | — | — | 91,623 | — | ||||||||||||
Less foreign taxes withheld | (102,598 | ) | (147,466 | ) | (339,551 | ) | (25,482 | ) | ||||||||
Total investment income | 10,106,415 | 7,671,225 | 4,092,283 | 1,184,217 | ||||||||||||
Expenses | ||||||||||||||||
Investment management fees | 6,335,086 | 2,527,200 | 951,839 | 1,532,815 | ||||||||||||
Distribution and service fees | 107,967 | 365,129 | 89,043 | 123,079 | ||||||||||||
Accounting and legal services fees | 145,710 | 59,701 | 17,599 | 23,049 | ||||||||||||
Trustees’ fees | 15,693 | 7,008 | 2,275 | 2,712 | ||||||||||||
Custodian fees | 108,252 | 50,674 | 48,412 | 25,282 | ||||||||||||
Printing and postage | 23,278 | 12,398 | 5,298 | 7,088 | ||||||||||||
Professional fees | 31,056 | 24,548 | 23,839 | 27,955 | ||||||||||||
Other | 20,771 | 12,075 | 5,406 | 6,139 | ||||||||||||
Total expenses | 6,787,813 | 3,058,733 | 1,143,711 | 1,748,119 | ||||||||||||
Less expense reductions | (80,055 | ) | (44,995 | ) | (29,094 | ) | (91,752 | ) | ||||||||
Net expenses | 6,707,758 | 3,013,738 | 1,114,617 | 1,656,367 | ||||||||||||
Net investment income (loss) | 3,398,657 | 4,657,487 | 2,977,666 | (472,150 | ) | |||||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 60,679,350 | 20,851,556 | 13,024,153 | 11,982,100 | ||||||||||||
Affiliated investments | — | — | 2,099 | — | ||||||||||||
60,679,350 | 20,851,556 | 13,026,252 | 11,982,100 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 4,313,914 | (51,465,455 | ) | (20,880,135 | ) | 10,235,427 | ||||||||||
Affiliated investments | — | — | (98 | ) | — | |||||||||||
4,313,914 | (51,465,455 | ) | (20,880,233 | ) | 10,235,427 | |||||||||||
Net realized and unrealized gain (loss) | 64,993,264 | (30,613,899 | ) | (7,853,981 | ) | 22,217,527 | ||||||||||
Increase (decrease) in net assets from operations | $ | 68,391,921 | $ | (25,956,412 | ) | $ | (4,876,315 | ) | $ | 21,745,377 |
The accompanying notes are an integral part of the financial statements. | 67 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
International | International | International | ||||||||||||||
Equity Index | Growth Stock | Small Company | International | |||||||||||||
Investment income | Trust | Trust | Trust | Value Trust | ||||||||||||
Dividends | $ | 15,730,337 | $ | 6,939,803 | $ | 2,486,480 | $ | 16,149,471 | ||||||||
Interest | 115,015 | 125,630 | 6,654 | 200,722 | ||||||||||||
Securities lending | 194,144 | — | 147,550 | 326,904 | ||||||||||||
Less foreign taxes withheld | (1,552,497 | ) | (601,372 | ) | (214,977 | ) | (1,539,576 | ) | ||||||||
Total investment income | 14,486,999 | 6,464,061 | 2,425,707 | 15,137,521 | ||||||||||||
Expenses | ||||||||||||||||
Investment management fees | 2,134,086 | 1,521,405 | 715,083 | 3,352,164 | ||||||||||||
Distribution and service fees | 125,399 | 25,462 | 33,959 | 109,046 | ||||||||||||
Accounting and legal services fees | 61,832 | 28,892 | 11,466 | 63,599 | ||||||||||||
Trustees’ fees | 6,780 | 3,528 | 1,532 | 7,457 | ||||||||||||
Custodian fees | 160,258 | 80,663 | 64,209 | 132,553 | ||||||||||||
Printing and postage | 12,176 | 6,436 | 3,947 | 13,789 | ||||||||||||
Professional fees | 33,439 | 24,254 | 24,589 | 31,086 | ||||||||||||
Other | 18,149 | 7,548 | 5,271 | 11,998 | ||||||||||||
Total expenses | 2,552,119 | 1,698,188 | 860,056 | 3,721,692 | ||||||||||||
Less expense reductions | (1,060,616 | ) | (16,387 | ) | (6,420 | ) | (35,746 | ) | ||||||||
Net expenses | 1,491,503 | 1,681,801 | 853,636 | 3,685,946 | ||||||||||||
Net investment income | 12,995,496 | 4,782,260 | 1,572,071 | 11,451,575 | ||||||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 391,218 | 13,900,720 | 8,361,022 | 18,600,844 | ||||||||||||
Affiliated investments | 2,948 | — | (2,187 | ) | 3,822 | |||||||||||
Futures contracts | 247,847 | — | (47,885 | ) | — | |||||||||||
642,013 | 13,900,720 | 8,310,950 | 18,604,666 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (42,011,455 | ) | (41,588,564 | ) | (14,035,253 | ) | (58,660,147 | ) | ||||||||
Affiliated investments | (136,250 | ) | — | 1,767 | 423 | |||||||||||
Futures contracts | (1,760,803 | ) | — | (6,480 | ) | — | ||||||||||
(43,908,508 | ) | (41,588,564 | ) | (14,039,966 | ) | (58,659,724 | ) | |||||||||
Net realized and unrealized gain (loss) | (43,266,495 | ) | (27,687,844 | ) | (5,729,016 | ) | (40,055,058 | ) | ||||||||
Decrease in net assets from operations | $ | (30,270,999 | ) | $ | (22,905,584 | ) | $ | (4,156,945 | ) | $ | (28,603,483 | ) |
The accompanying notes are an integral part of the financial statements. | 68 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Lifestyle | Lifestyle | Lifestyle | Lifestyle | |||||||||||||
Aggressive | Balanced | Conservative | Growth | |||||||||||||
Investment income | Portfolio | Portfolio | Portfolio | Portfolio | ||||||||||||
Dividends | $ | 44,924 | — | — | — | |||||||||||
Interest | 264 | — | $ | 19 | $ | 7 | ||||||||||
Securities lending | 131 | — | — | — | ||||||||||||
Less foreign taxes withheld | — | — | — | (77,228 | ) | |||||||||||
Total investment income | 45,319 | — | 19 | (77,221 | ) | |||||||||||
Expenses | ||||||||||||||||
Investment management fees | 15,601 | $ | 211,719 | 34,737 | 1,390,763 | |||||||||||
Distribution and service fees | 25,478 | 1,147,881 | 208,506 | 7,857,008 | ||||||||||||
Accounting and legal services fees | 2,467 | 79,864 | 14,255 | 643,681 | ||||||||||||
Trustees’ fees | 559 | 8,901 | 1,805 | 56,805 | ||||||||||||
Custodian fees | 8,587 | 8,591 | 8,587 | 10,654 | ||||||||||||
Printing and postage | 14,945 | 23,114 | 16,632 | 65,828 | ||||||||||||
Professional fees | 18,131 | 26,664 | 20,467 | 59,537 | ||||||||||||
Other | 2,574 | 5,935 | 3,272 | 17,496 | ||||||||||||
Total expenses | 88,342 | 1,512,669 | 308,261 | 10,101,772 | ||||||||||||
Less expense reductions | (41,129 | ) | (25,759 | ) | (33,513 | ) | (170,551 | ) | ||||||||
Net expenses | 47,213 | 1,486,910 | 274,748 | 9,931,221 | ||||||||||||
Net investment loss | (1,894 | ) | (1,486,910 | ) | (274,729 | ) | (10,008,442 | ) | ||||||||
Realized and unrealized gain (loss) | ||||||||||||||||
Net realized gain (loss) on | ||||||||||||||||
Unaffiliated investments and foreign currency transactions | 196,440 | 7 | — | (13,874 | ) | |||||||||||
Affiliated investments | (47 | ) | — | — | — | |||||||||||
Affiliated funds | 428,144 | 5,937,009 | 832,198 | 70,667,626 | ||||||||||||
624,537 | 5,937,016 | 832,198 | 70,653,752 | |||||||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (221,061 | ) | — | — | (465,816 | ) | ||||||||||
Affiliated investments | (19 | ) | — | — | — | |||||||||||
Affiliated funds | (225,013 | ) | (8,092,440 | ) | (2,527,825 | ) | (50,762,972 | ) | ||||||||
(446,093 | ) | (8,092,440 | ) | (2,527,825 | ) | (51,228,788 | ) | |||||||||
Net realized and unrealized gain (loss) | 178,444 | (2,155,424 | ) | (1,695,627 | ) | 19,424,964 | ||||||||||
Increase (decrease) in net assets from operations | $ | 176,550 | $ | (3,642,334 | ) | $ | (1,970,356 | ) | $ | 9,416,522 |
The accompanying notes are an integral part of the financial statements. | 69 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Lifestyle | ||||||||||||
Moderate | Mid Cap Index | Mid Cap Stock | ||||||||||
Investment income | Portfolio | Trust | Trust | Mid Value Trust | ||||||||
Dividends | — | $12,118,955 | $1,887,358 | $6,645,693 | ||||||||
Interest | $11 | 256,745 | 66,948 | 380,364 | ||||||||
Securities lending | — | 247,858 | 208,976 | 66,169 | ||||||||
Less foreign taxes withheld | — | (6,166 | ) | (7,848 | ) | (101,602 | ) | |||||
Total investment income | 11 | 12,617,392 | 2,155,434 | 6,990,624 | ||||||||
Expenses | ||||||||||||
Investment management fees | 65,084 | 3,580,682 | 3,272,871 | 3,735,607 | ||||||||
Distribution and service fees | 360,282 | 419,039 | 150,910 | 150,094 | ||||||||
Accounting and legal services fees | 24,604 | 130,526 | 55,253 | 61,093 | ||||||||
Trustees’ fees | 2,958 | 12,703 | 6,543 | 6,929 | ||||||||
Custodian fees | 8,591 | 61,170 | 50,002 | 51,231 | ||||||||
Printing and postage | 17,172 | 30,322 | 12,024 | 11,762 | ||||||||
Professional fees | 21,470 | 23,779 | 31,301 | 24,027 | ||||||||
Other | 3,631 | 16,273 | 12,116 | 12,399 | ||||||||
Total expenses | 503,792 | 4,274,494 | 3,591,020 | 4,053,142 | ||||||||
Less expense reductions | (23,001 | ) | (830,175 | ) | (33,522 | ) | (212,494 | ) | ||||
Net expenses | 480,791 | 3,444,319 | 3,557,498 | 3,840,648 | ||||||||
Net investment income (loss) | (480,780 | ) | 9,173,073 | (1,402,064 | ) | 3,149,976 | ||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | 4 | 85,964,274 | 108,033,319 | 46,902,079 | ||||||||
Affiliated investments | — | 1,477 | (2,503 | ) | (4,214 | ) | ||||||
Affiliated funds | 1,555,113 | — | — | — | ||||||||
Futures contracts | — | 1,333,930 | — | — | ||||||||
1,555,117 | 87,299,681 | 108,030,816 | 46,897,865 | |||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in | ||||||||||||
foreign currencies | — | (46,281,305 | ) | (7,475,493 | ) | (25,270,290 | ) | |||||
Affiliated investments | — | (762 | ) | (966 | ) | 141 | ||||||
Affiliated funds | (3,019,450 | ) | — | — | — | |||||||
Futures contracts | — | (1,185,396 | ) | — | — | |||||||
(3,019,450 | ) | (47,467,463 | ) | (7,476,459 | ) | (25,270,149 | ) | |||||
Net realized and unrealized gain (loss) | (1,464,333 | ) | 39,832,218 | 100,554,357 | 21,627,716 | |||||||
Increase (decrease) in net assets from operations | $(1,945,113 | ) | $49,005,291 | $99,152,293 | $24,777,692 |
The accompanying notes are an integral part of the financial statements. | 70 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Science & | ||||||||||||
Mutual Shares | Real Estate | Technology | Small Cap | |||||||||
Investment income | Trust | Securities Trust | Trust | Index Trust | ||||||||
Dividends | $2,216,186 | $5,956,892 | $2,711,890 | $3,767,995 | ||||||||
Interest | 203,697 | 8,957 | 297,249 | 100,899 | ||||||||
Securities lending | 6,407 | 1,012 | 142,380 | 485,515 | ||||||||
Less foreign taxes withheld | (53,067 | ) | — | (87,328 | ) | (521 | ) | |||||
Total investment income | 2,373,223 | 5,966,861 | 3,064,191 | 4,353,888 | ||||||||
Expenses | ||||||||||||
Investment management fees | 805,753 | 1,189,447 | 4,128,933 | 1,445,122 | ||||||||
Distribution and service fees | 41,966 | 67,524 | 247,062 | 156,292 | ||||||||
Accounting and legal services fees | 13,150 | 26,140 | 65,813 | 48,536 | ||||||||
Trustees’ fees | 1,724 | 3,266 | 6,462 | 5,203 | ||||||||
Custodian fees | 17,883 | 23,512 | 70,125 | 36,067 | ||||||||
Printing and postage | 5,876 | 7,878 | 8,833 | 8,270 | ||||||||
Professional fees | 27,771 | 25,859 | 30,317 | 21,812 | ||||||||
Other | 5,843 | 10,689 | 11,296 | 9,644 | ||||||||
Total expenses | 919,966 | 1,354,315 | 4,568,841 | 1,730,946 | ||||||||
Less expense reductions | (7,159 | ) | (14,492 | ) | (190,687 | ) | (175,979 | ) | ||||
Net expenses | 912,807 | 1,339,823 | 4,378,154 | 1,554,967 | ||||||||
Net investment income (loss) | 1,460,416 | 4,627,038 | (1,313,963 | ) | 2,798,921 | |||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | 7,543,384 | (7,390,887 | ) | 102,181,455 | 48,361,104 | |||||||
Affiliated investments | (73 | ) | 159 | (3,046 | ) | (5,588 | ) | |||||
Futures contracts | — | — | — | 1,682,874 | ||||||||
Forward foreign currency contracts | 167,159 | — | — | — | ||||||||
7,710,470 | (7,390,728 | ) | 102,178,409 | 50,038,390 | ||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in | ||||||||||||
foreign currencies | (9,941,183 | ) | 5,092,987 | 3,687,615 | (8,825,190 | ) | ||||||
Affiliated investments | (75 | ) | 10 | (1,005 | ) | 4,452 | ||||||
Futures contracts | — | — | — | (465,818 | ) | |||||||
Forward foreign currency contracts | 473,354 | — | — | — | ||||||||
(9,467,904 | ) | 5,092,997 | 3,686,610 | (9,286,556 | ) | |||||||
Net realized and unrealized gain (loss) | (1,757,434 | ) | (2,297,731 | ) | 105,865,019 | 40,751,834 | ||||||
Increase (decrease) in net assets from operations | $(297,018 | ) | $2,329,307 | $104,551,056 | $43,550,755 |
The accompanying notes are an integral part of the financial statements. | 71 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Small Cap | ||||||||||||
Opportunities | Small Cap Stock | Small Cap | Small Company | |||||||||
Investment income | Trust | Trust | Value Trust | Value Trust | ||||||||
Dividends | $904,857 | $1,020,271 | $5,225,391 | $1,948,669 | ||||||||
Interest | 7,433 | 74,302 | 125,395 | 27,985 | ||||||||
Securities lending | 28,878 | 142,898 | 151,045 | 27,863 | ||||||||
Less foreign taxes withheld | (1,845 | ) | — | (25,636 | ) | (3,082 | ) | |||||
Total investment income | 939,323 | 1,237,471 | 5,476,195 | 2,001,435 | ||||||||
Expenses | ||||||||||||
Investment management fees | 793,936 | 2,331,583 | 3,208,179 | 1,504,938 | ||||||||
Distribution and service fees | 70,902 | 63,499 | 112,363 | 80,283 | ||||||||
Accounting and legal services fees | 12,367 | 37,106 | 48,519 | 22,689 | ||||||||
Trustees’ fees | 1,710 | 4,038 | 5,657 | 2,719 | ||||||||
Custodian fees | 24,151 | 27,996 | 40,187 | 19,094 | ||||||||
Printing and postage | 11,175 | 17,750 | 10,049 | 6,550 | ||||||||
Professional fees | 30,250 | 24,888 | 22,822 | 20,007 | ||||||||
Other | 6,308 | 8,653 | 10,799 | 6,895 | ||||||||
Total expenses | 950,799 | 2,515,513 | 3,458,575 | 1,663,175 | ||||||||
Less expense reductions | (143,775 | ) | (19,812 | ) | (26,554 | ) | (90,209 | ) | ||||
Net expenses | 807,024 | 2,495,701 | 3,432,021 | 1,572,966 | ||||||||
Net investment income (loss) | 132,299 | (1,258,230 | ) | 2,044,174 | 428,469 | |||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | 4,741,782 | 46,400,703 | 12,936,643 | 22,613,210 | ||||||||
Affiliated investments | (87 | ) | (172 | ) | (4,518 | ) | 187 | |||||
4,741,695 | 46,400,531 | 12,932,125 | 22,613,397 | |||||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in | ||||||||||||
foreign currencies | 3,262,835 | 5,365,891 | 7,905,316 | (13,541,693 | ) | |||||||
Affiliated investments | (153 | ) | 3,221 | 3,089 | (147 | ) | ||||||
3,262,682 | 5,369,112 | 7,908,405 | (13,541,840 | ) | ||||||||
Net realized and unrealized gain (loss) | 8,004,377 | 51,769,643 | 20,840,530 | 9,071,557 | ||||||||
Increase in net assets from operations | $8,136,676 | $50,511,413 | $22,884,704 | $9,500,026 |
The accompanying notes are an integral part of the financial statements. | 72 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Total Stock | |||||||||
Strategic Equity | Market Index | ||||||||
Investment income | Allocation Trust | Trust | Utilities Trust | ||||||
Dividends | $148,143,362 | $7,177,457 | $6,240,607 | ||||||
Interest | 1,717,116 | 81,373 | 13,646 | ||||||
Securities lending | 1,489,221 | 197,757 | 123,684 | ||||||
Less foreign taxes withheld | (7,224,768 | ) | (2,135 | ) | (321,055 | ) | |||
Total investment income | 144,124,931 | 7,454,452 | 6,056,882 | ||||||
Expenses | |||||||||
Investment management fees | 34,600,548 | 1,842,578 | 1,144,446 | ||||||
Distribution and service fees | — | 199,647 | 75,254 | ||||||
Accounting and legal services fees | 859,886 | 59,538 | 21,179 | ||||||
Trustees’ fees | 94,004 | 6,863 | 2,746 | ||||||
Custodian fees | 1,077,025 | 48,216 | 34,412 | ||||||
Printing and postage | 95,232 | 15,307 | 8,054 | ||||||
Professional fees | 122,981 | 27,441 | 20,610 | ||||||
Other | 117,167 | 12,893 | 7,696 | ||||||
Total expenses | 36,966,843 | 2,212,483 | 1,314,397 | ||||||
Less expense reductions | (7,184,149 | ) | (303,982 | ) | (11,833 | ) | |||
Net expenses | 29,782,694 | 1,908,501 | 1,302,564 | ||||||
Net investment income | 114,342,237 | 5,545,951 | 4,754,318 | ||||||
Realized and unrealized gain (loss) | |||||||||
Net realized gain (loss) on | |||||||||
Unaffiliated investments and foreign currency transactions | 198,144,817 | 37,828,208 | (170,844 | ) | |||||
Affiliated investments | (20,669 | ) | (635 | ) | (624 | ) | |||
Futures contracts | 8,100,729 | 824,311 | — | ||||||
Forward foreign currency contracts | — | — | 102,756 | ||||||
206,224,877 | 38,651,884 | (68,712 | ) | ||||||
Change in net unrealized appreciation (depreciation) of | |||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (191,557,650 | ) | (20,141,989 | ) | (233,994 | ) | |||
Affiliated investments | 18,586 | 697 | (2 | ) | |||||
Futures contracts | (9,460,559 | ) | (548,746 | ) | — | ||||
Forward foreign currency contracts | — | — | 1,471,249 | ||||||
(200,999,623 | ) | (20,690,038 | ) | 1,237,253 | |||||
Net realized and unrealized gain (loss) | 5,225,254 | 17,961,846 | 1,168,541 | ||||||
Increase in net assets from operations | $119,567,491 | $23,507,797 | $5,922,859 |
The accompanying notes are an integral part of the financial statements. | 73 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
American Asset Allocation | American Global Growth | |||||||||||||||||
500 Index Trust | Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $42,095,368 | $80,592,934 | $361,540 | $16,742,135 | $(473,398 | ) | $531,836 | |||||||||||
Net realized gain (loss) | 47,620,778 | 81,095,672 | 116,762,229 | 168,520,141 | 19,373,751 | 15,318,867 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 36,150,888 | 754,766,802 | (104,115,499 | ) | 42,794,004 | (12,034,435 | ) | 44,945,407 | ||||||||||
Increase in net assets resulting from operations | 125,867,034 | 916,455,408 | 13,008,270 | 228,056,280 | 6,865,918 | 60,796,110 | ||||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (50,237,884 | ) | — | (3,119,843 | ) | — | (44,244 | ) | |||||||||
Series II | — | (1,038,063 | ) | — | (11,602,021 | ) | — | (310,006 | ) | |||||||||
Series III | — | — | — | (2,021,337 | ) | — | (181,872 | ) | ||||||||||
Series NAV | — | (31,099,737 | ) | — | — | — | — | |||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (36,670,871 | ) | — | (18,095,058 | ) | — | (1,399,135 | ) | |||||||||
Series II | — | (860,796 | ) | — | (75,646,811 | ) | — | (14,878,042 | ) | |||||||||
Series III | — | — | — | (9,246,593 | ) | — | (2,653,646 | ) | ||||||||||
Series NAV | — | (22,276,788 | ) | — | — | — | — | |||||||||||
Total distributions | — | (142,184,139 | ) | — | (119,731,663 | ) | — | (19,466,945 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (35,100,485 | ) | 92,436,534 | (98,872,039 | ) | (56,327,680 | ) | (17,988,097 | ) | (14,886,166 | ) | |||||||
Total from portfolio share transactions | (35,100,485 | ) | 92,436,534 | (98,872,039 | ) | (56,327,680 | ) | (17,988,097 | ) | (14,886,166 | ) | |||||||
Total increase (decrease) | 90,766,549 | 866,707,803 | (85,863,769 | ) | 51,996,937 | (11,122,179 | ) | 26,442,999 | ||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 5,100,940,255 | 4,234,232,452 | 1,565,454,164 | 1,513,457,227 | 235,698,901 | 209,255,902 | ||||||||||||
End of period | $5,191,706,804 | $5,100,940,255 | $1,479,590,395 | $1,565,454,164 | $224,576,722 | $235,698,901 | ||||||||||||
Undistributed net investment income (loss) | $57,994,926 | $15,899,558 | $361,540 | — | $(473,398 | ) | — | |||||||||||
American Growth-Income | American International | |||||||||||||||||
American Growth Trust | Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | (1,550,308 | ) | $845,287 | $(330,285 | ) | $10,687,817 | $(645,998 | ) | $4,109,475 | |||||||||
Net realized gain (loss) | 131,719,476 | 183,512,793 | 113,384,475 | 143,340,151 | 40,809,620 | 29,810,518 | ||||||||||||
Change in net unrealized appreciation (depreciation) | (45,212,529 | ) | 37,851,598 | (46,071,358 | ) | 60,711,416 | (41,588,772 | ) | 110,883,816 | |||||||||
Increase (decrease) in net assets resulting from operations | 84,956,639 | 222,209,678 | 66,982,832 | 214,739,384 | (1,425,150 | ) | 144,803,809 | |||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (148,800 | ) | — | (2,569,572 | ) | — | (1,057,181 | ) | |||||||||
Series II | — | (245,882 | ) | — | (5,199,747 | ) | — | (2,559,908 | ) | |||||||||
Series III | — | (458,610 | ) | — | (2,918,264 | ) | — | (494,193 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (19,100,069 | ) | — | (43,488,589 | ) | — | (6,216,485 | ) | |||||||||
Series II | — | (103,900,669 | ) | — | (97,827,138 | ) | — | (19,687,723 | ) | |||||||||
Series III | — | (14,914,085 | ) | — | (37,045,157 | ) | — | (2,269,910 | ) | |||||||||
Total distributions | — | (138,768,115 | ) | — | (189,048,467 | ) | — | (32,285,400 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (94,859,109 | ) | (28,373,669 | ) | (98,542,970 | ) | 15,834,360 | (25,195,073 | ) | (51,957,873 | ) | |||||||
Total from portfolio share transactions | (94,859,109 | ) | (28,373,669 | ) | (98,542,970 | ) | 15,834,360 | (25,195,073 | ) | (51,957,873 | ) | |||||||
Total increase (decrease) | (9,902,470 | ) | 55,067,894 | (31,560,138 | ) | 41,525,277 | (26,620,223 | ) | 60,560,536 | |||||||||
Net assets | ||||||||||||||||||
Beginning of period | 915,515,263 | 860,447,369 | 1,091,454,851 | 1,049,929,574 | 556,057,454 | 495,496,918 | ||||||||||||
End of period | $905,612,793 | $915,515,263 | $1,059,894,713 | $1,091,454,851 | $529,437,231 | $556,057,454 | ||||||||||||
Undistributed net investment income (loss) | $(1,550,308 | ) | — | $(329,044 | ) | $1,241 | $(645,998 | ) | — |
The accompanying notes are an integral part of the financial statements. | 74 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Capital Appreciation Value | ||||||||||||||||||
Blue Chip Growth Trust | Capital Appreciation Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(377,628 | ) | $66,904 | $1,849,121 | $591,464 | $2,231,339 | $3,909,453 | |||||||||||
Net realized gain (loss) | 162,757,456 | 245,131,242 | 101,555,055 | 181,344,048 | 14,310,285 | 28,809,448 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 46,787,870 | 281,482,180 | 11,666,674 | 133,591,288 | (7,053,359 | ) | 22,960,507 | |||||||||||
Increase in net assets resulting from operations | 209,167,698 | 526,680,326 | 115,070,850 | 315,526,800 | 9,488,265 | 55,679,408 | ||||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (217,581 | ) | — | (113,563 | ) | — | (66,461 | ) | |||||||||
Series II | — | — | — | — | — | (3,784,485 | ) | |||||||||||
Series NAV | — | (1,423,590 | ) | — | (784,148 | ) | — | (1,335,413 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (20,230,047 | ) | — | (15,083,689 | ) | — | (213,521 | ) | |||||||||
Series II | — | (8,643,768 | ) | — | (5,463,530 | ) | — | (14,510,816 | ) | |||||||||
Series NAV | — | (84,309,487 | ) | — | (62,702,734 | ) | — | (4,192,317 | ) | |||||||||
Total distributions | — | (114,824,473 | ) | — | (84,147,664 | ) | — | (24,103,013 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (177,680,539 | ) | (181,380,061 | ) | (106,100,535 | ) | (115,010,987 | ) | (24,692,904 | ) | (12,815,434 | ) | ||||||
Total from portfolio share transactions | (177,680,539 | ) | (181,380,061 | ) | (106,100,535 | ) | (115,010,986 | ) | (24,692,904 | ) | (12,815,434 | ) | ||||||
Total increase (decrease) | 31,487,159 | 230,475,792 | 8,970,315 | 116,368,149 | (15,204,639 | ) | 18,760,961 | |||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 1,797,794,686 | 1,567,318,894 | 1,056,211,930 | 939,843,781 | 401,023,542 | 382,262,581 | ||||||||||||
End of period | $1,829,281,845 | $1,797,794,686 | $1,065,182,245 | $1,056,211,930 | $385,818,903 | $401,023,542 | ||||||||||||
Undistributed net investment income (loss) | $471,024 | $848,652 | $2,423,611 | $574,490 | $3,011,148 | $779,809 | ||||||||||||
Emerging Markets Value | ||||||||||||||||||
Trust | Equity Income Trust | Financial Industries Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $5,942,536 | $10,986,202 | $18,597,207 | $34,316,558 | $1,773,116 | $2,645,902 | ||||||||||||
Net realized gain (loss) | 22,697,373 | 16,274,627 | 74,763,748 | 217,645,310 | 9,727,368 | 17,905,569 | ||||||||||||
Change in net unrealized appreciation (depreciation) | (83,092,721 | ) | 159,689,536 | (100,322,519 | ) | 21,219,135 | (11,630,689 | ) | 10,348,166 | |||||||||
Increase (decrease) in net assets resulting from operations | (54,452,812 | ) | 186,950,365 | (6,961,564 | ) | 273,181,003 | (130,205 | ) | 30,899,637 | |||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (96,719 | ) | — | (6,022,798 | ) | — | (1,904,984 | ) | |||||||||
Series II | — | (363,278 | ) | — | (2,913,401 | ) | — | (191,125 | ) | |||||||||
Series NAV | — | (11,295,801 | ) | — | (31,304,587 | ) | — | (551,791 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | — | — | (20,110,375 | ) | — | — | |||||||||||
Series II | — | — | — | (10,730,984 | ) | — | — | |||||||||||
Series NAV | — | — | — | (102,776,609 | ) | — | — | |||||||||||
Total distributions | — | (11,755,798 | ) | — | (173,858,754 | ) | — | (2,647,900 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (9,994,568 | ) | (103,786,875 | ) | (61,790,068 | ) | (105,091,541 | ) | (15,875,830 | ) | (301,813 | ) | ||||||
Issued in reorganization | — | 98,043,952 | — | — | — | — | ||||||||||||
Total from portfolio share transactions | (9,994,568 | ) | (5,742,924 | ) | (61,790,068 | ) | (105,091,541 | ) | (15,875,830 | ) | (301,813 | ) | ||||||
Total increase (decrease) | (64,447,380 | ) | 169,451,644 | (68,751,632 | ) | (5,769,292 | ) | (16,006,035 | ) | 27,949,924 | ||||||||
Net assets | ||||||||||||||||||
Beginning of period | 780,046,592 | 610,594,948 | 1,813,549,490 | 1,819,318,782 | 236,650,839 | 208,700,915 | ||||||||||||
End of period | $715,599,212 | $780,046,592 | $1,744,797,858 | $1,813,549,490 | $220,644,804 | $236,650,839 | ||||||||||||
Undistributed net investment income (loss) | $7,582,631 | $1,640,095 | $25,044,402 | $6,447,195 | $2,360,250 | $587,134 |
The accompanying notes are an integral part of the financial statements. | 75 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Fundamental All Cap Core | Fundamental Large Cap | |||||||||||||||||
Trust | Value Trust | Global Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $3,398,657 | $8,758,132 | $4,657,487 | $9,408,566 | $2,977,666 | $4,642,504 | ||||||||||||
Net realized gain (loss) | 60,679,350 | 233,629,010 | 20,851,556 | 47,235,599 | 13,026,252 | 13,948,906 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 4,313,914 | 183,524,671 | (51,465,455 | ) | 75,323,601 | (20,880,233 | ) | 22,111,503 | ||||||||||
Increase (decrease) in net assets resulting from operations | 68,391,921 | 425,911,813 | (25,956,412 | ) | 131,967,766 | (4,876,315 | ) | 40,702,913 | ||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (1,202,611 | ) | — | (8,382,268 | ) | — | (2,689,000 | ) | |||||||||
Series II | — | (284,403 | ) | — | (2,862,570 | ) | — | (727,926 | ) | |||||||||
Series NAV | — | (12,084,646 | ) | — | (1,463,195 | ) | — | (894,353 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (3,879,397 | ) | — | — | — | — | |||||||||||
Series II | — | (1,232,604 | ) | — | — | — | — | |||||||||||
Series NAV | — | (36,510,131 | ) | — | — | — | — | |||||||||||
Total distributions | — | (55,193,792 | ) | — | (12,708,033 | ) | — | (4,311,279 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (72,243,641 | ) | (80,125,535 | ) | (57,436,355 | ) | (127,452,531 | ) | (12,389,875 | ) | (22,838,324 | ) | ||||||
Total from portfolio share transactions | (72,243,641 | ) | (80,125,535 | ) | (57,436,355 | ) | (127,452,531 | ) | (12,389,875 | ) | (22,838,324 | ) | ||||||
Total increase (decrease) | (3,851,720 | ) | 290,592,486 | (83,392,767 | ) | (8,192,798 | ) | (17,266,190 | ) | 13,553,310 | ||||||||
Net assets | ||||||||||||||||||
Beginning of period | 1,888,620,801 | 1,598,028,315 | 822,270,109 | 830,462,907 | 240,206,292 | 226,652,982 | ||||||||||||
End of period | $1,884,769,081 | $1,888,620,801 | $738,877,342 | $822,270,109 | $222,940,102 | $240,206,292 | ||||||||||||
Undistributed net investment income (loss) | $6,397,781 | $2,999,124 | $6,345,858 | $1,688,371 | $3,393,585 | $415,919 | ||||||||||||
International Equity Index | International Growth | |||||||||||||||||
Health Sciences Trust | Trust | Stock Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(472,150 | ) | $(984,626 | ) | $12,995,496 | $16,378,230 | $4,782,260 | $5,408,459 | ||||||||||
Net realized gain (loss) | 11,982,100 | 29,394,795 | 642,013 | 5,300,995 | 13,900,720 | 11,601,306 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 10,235,427 | 39,123,571 | (43,908,508 | ) | 142,430,565 | (41,588,564 | ) | 59,254,311 | ||||||||||
Increase (decrease) in net assets resulting from operations | 21,745,377 | 67,533,740 | (30,270,999 | ) | 164,109,790 | (22,905,584 | ) | 76,264,076 | ||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | — | — | (7,957,482 | ) | — | (79,484 | ) | ||||||||||
Series II | — | — | — | (339,214 | ) | — | (226,945 | ) | ||||||||||
Series NAV | — | — | — | (7,640,403 | ) | — | (5,064,621 | ) | ||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (10,647,055 | ) | — | — | — | — | |||||||||||
Series II | — | (8,100,368 | ) | — | — | — | — | |||||||||||
Series NAV | — | (10,244,857 | ) | — | — | — | — | |||||||||||
Total distributions | — | (28,992,280 | ) | — | (15,937,099 | ) | — | (5,371,050 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (12,132,343 | ) | (10,017,522 | ) | 6,960,720 | 57,339,289 | (8,320,110 | ) | (47,575,717 | ) | ||||||||
Total from portfolio share transactions | (12,132,343 | ) | (10,017,522 | ) | 6,960,720 | 57,339,289 | (8,320,110 | ) | (47,575,717 | ) | ||||||||
Total increase (decrease) | 9,613,034 | 28,523,938 | (23,310,279 | ) | 205,511,980 | (31,225,694 | ) | 23,317,309 | ||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 289,376,182 | 260,852,244 | 794,272,869 | 588,760,889 | 395,582,126 | 372,264,817 | ||||||||||||
End of period | $298,989,216 | $289,376,182 | $770,962,590 | $794,272,869 | $364,356,432 | $395,582,126 | ||||||||||||
Undistributed net investment income (loss) | $(1,234,473 | ) | $(762,323 | ) | $15,026,300 | $2,030,804 | $5,834,536 | $1,052,276 |
The accompanying notes are an integral part of the financial statements. | 76 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
International Small | Lifestyle Aggressive | |||||||||||||||||
Company Trust | International Value Trust | Portfolio | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $1,572,071 | $1,812,056 | $11,451,575 | $16,242,319 | $(1,894 | ) | $420,157 | |||||||||||
Net realized gain (loss) | 8,310,950 | 6,534,331 | 18,604,666 | (6,477,363 | ) | 624,537 | 751,940 | |||||||||||
Change in net unrealized appreciation (depreciation) | (14,039,966 | ) | 25,034,226 | (58,659,724 | ) | 129,941,314 | (446,093 | ) | 4,295,721 | |||||||||
Increase (decrease) in net assets resulting from operations | (4,156,945 | ) | 33,380,613 | (28,603,483 | ) | 139,706,270 | 176,550 | 5,467,818 | ||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (487,758 | ) | — | 2,014,386 | — | (55,574 | ) | ||||||||||
Series II | — | (238,151 | ) | — | 1,136,690 | — | (266,257 | ) | ||||||||||
Series NAV | — | (1,220,666 | ) | — | 12,607,799 | — | (105,306 | ) | ||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | — | — | — | — | (49,295 | ) | |||||||||||
Series II | — | — | — | — | — | (268,463 | ) | |||||||||||
Series NAV | — | — | — | — | — | (76,485 | ) | |||||||||||
Total distributions | — | (1,946,575 | ) | — | (15,758,875 | ) | — | (821,380 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (9,726,348 | ) | 13,012,394 | (39,872,761 | ) | (114,758,629 | ) | 3,148,648 | 745,186 | |||||||||
Total from portfolio share transactions | (9,726,348 | ) | 13,012,394 | (39,872,761 | ) | (114,758,629 | ) | 3,148,648 | 745,186 | |||||||||
Total increase (decrease) | (13,883,293 | ) | 44,446,432 | (68,476,244 | ) | 9,188,766 | 3,325,198 | 5,391,624 | ||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 152,234,607 | 107,788,175 | 868,364,062 | 859,175,296 | 29,934,872 | 24,543,248 | ||||||||||||
End of period | $138,351,314 | $152,234,607 | $799,887,818 | $868,364,062 | $33,260,070 | $29,934,872 | ||||||||||||
Undistributed net investment income (loss) | $1,831,701 | $259,630 | $12,609,202 | $1,157,627 | $(1,894 | ) | — | |||||||||||
Lifestyle Balanced | Lifestyle Conservative | |||||||||||||||||
Portfolio | Portfolio | Lifestyle Growth Portfolio | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(1,486,910 | ) | $20,757,965 | $(274,729 | ) | $4,177,946 | (10,008,442 | ) | 114,555,502 | |||||||||
Net realized gain (loss) | 5,937,016 | 15,396,710 | 832,198 | 1,559,793 | 70,653,752 | 82,241,921 | ||||||||||||
Change in net unrealized appreciation (depreciation) | (8,092,440 | ) | 82,247,229 | (2,527,825 | ) | 6,436,995 | (51,228,788 | ) | 370,331,549 | |||||||||
Increase (decrease) in net assets resulting from operations | (3,642,334 | ) | 118,401,904 | (1,970,356 | ) | 12,174,734 | 9,416,522 | 567,128,972 | ||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (736,104 | ) | — | (288,552 | ) | — | (4,343,771 | ) | |||||||||
Series II | — | (18,240,259 | ) | — | (3,795,719 | ) | — | (103,903,503 | ) | |||||||||
Series NAV | — | (1,806,109 | ) | — | (93,885 | ) | — | (6,374,876 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (341,340 | ) | — | (56,282 | ) | — | (988,613 | ) | |||||||||
Series II | — | (10,244,363 | ) | — | (971,750 | ) | — | (29,465,322 | ) | |||||||||
Series NAV | — | (835,256 | ) | — | (19,083 | ) | — | (1,298,448 | ) | |||||||||
Total distributions | — | (32,203,431 | ) | — | (5,225,271 | ) | — | (146,374,533 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (44,350,136 | ) | (29,107,051 | ) | 1,323,577 | (15,683,459 | ) | (420,343,762 | ) | (226,170,657 | ) | |||||||
Issued in reorganization | — | — | — | — | — | 3,758,623,840 | ||||||||||||
Total from portfolio share transactions | (44,350,136 | ) | (29,107,051 | ) | 1,323,577 | (15,683,459 | ) | (420,343,762 | ) | (226,170,657 | ) | |||||||
Total increase (decrease) | (47,992,470 | ) | 57,091,422 | (646,779 | ) | (8,733,996 | ) | (410,927,240 | ) | 3,953,207,622 | ||||||||
Net assets | ||||||||||||||||||
Beginning of period | 1,059,939,575 | 1,002,848,153 | 181,112,562 | 189,846,558 | 7,044,222,543 | 3,091,014,921 | ||||||||||||
End of period | $1,011,947,105 | $1,059,939,575 | $180,465,783 | $181,112,562 | $6,633,295,303 | $7,044,222,543 | ||||||||||||
Undistributed net investment income (loss) | $(1,486,910 | ) | — | $(274,729 | ) | — | $(10,008,442 | ) | — |
The accompanying notes are an integral part of the financial statements. | 77 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Lifestyle Moderate | ||||||||||||||||||
Portfolio | Mid Cap Index Trust | Mid Cap Stock Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(480,780 | ) | $6,744,563 | $9,173,073 | $12,294,127 | $(1,402,064 | ) | $(1,139,697 | ) | |||||||||
Net realized gain (loss) | 1,555,117 | 4,376,068 | 87,299,681 | 101,128,592 | 108,030,816 | 83,135,583 | ||||||||||||
Change in net unrealized appreciation (depreciation) | (3,019,450 | ) | 20,531,482 | (47,467,463 | ) | 60,604,295 | (7,476,459 | ) | 99,060,893 | |||||||||
Increase (decrease) in net assets resulting from operations | (1,945,113 | ) | 31,652,113 | 49,005,291 | 174,027,014 | 99,152,293 | 181,056,779 | |||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (245,131 | ) | — | (5,018,773 | ) | — | — | ||||||||||
Series II | — | (6,048,209 | ) | — | (205,316 | ) | — | — | ||||||||||
Series NAV | — | (451,348 | ) | — | (934,380 | ) | — | — | ||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (100,514 | ) | — | (51,397,616 | ) | — | (3,363,937 | ) | |||||||||
Series II | — | (2,688,828 | ) | — | (4,033,971 | ) | — | (1,826,795 | ) | |||||||||
Series NAV | — | (158,144 | ) | — | (9,808,440 | ) | — | (10,001,394 | ) | |||||||||
Total distributions | — | (9,692,174 | ) | — | (71,398,496 | ) | — | (15,192,126 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (10,366,705 | ) | (15,651,196 | ) | (71,792,212 | ) | 312,755,450.0 | (178,217,225 | ) | (90,461,536 | ) | |||||||
Issued in reorganization | — | — | — | 143,260,440 | 117,164,941 | — | ||||||||||||
Total from portfolio share transactions | (10,366,705 | ) | (15,651,196 | ) | (71,792,212 | ) | 456,015,890 | (61,052,284 | ) | (90,461,536 | ) | |||||||
Total increase (decrease) | (12,311,818 | ) | 6,308,743 | (22,786,921 | ) | 558,644,408 | 38,100,009 | 75,403,117 | ||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 325,594,094 | 319,285,351 | 1,564,931,317 | 1,006,286,909 | 751,265,753 | 675,862,636 | ||||||||||||
End of period | $313,282,276 | $325,594,094 | $1,542,144,396 | $1,564,931,317 | $789,365,762 | $751,265,753 | ||||||||||||
Undistributed net investment income (loss) | $(480,780 | ) | — | $17,983,284 | $8,810,211 | $(1,399,527 | ) | $2,537 | ||||||||||
Mid Value Trust | Mutual Shares Trust | Real Estate Securities Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $3,149,976 | $7,911,723 | $1,460,416 | $3,365,155 | $4,627,038 | $8,025,013 | ||||||||||||
Net realized gain (loss) | 46,897,865 | 61,698,345 | 7,710,470 | 4,827,480 | (7,390,728 | ) | 3,322,134 | |||||||||||
Change in net unrealized appreciation | ||||||||||||||||||
Change in net unrealized appreciation (depreciation) | (25,270,149 | ) | 18,853,899 | (9,467,904 | ) | 5,666,073 | 5,092,997 | 11,824,455 | ||||||||||
Increase (decrease) in net assets resulting from operations | 24,777,692 | 88,463,967 | (297,018 | ) | 13,858,708 | 2,329,307 | 23,171,602 | |||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (3,082,439 | ) | — | (9,718,237 | ) | — | (405,805 | ) | |||||||||
Series II | — | (480,629 | ) | — | — | — | (164,996 | ) | ||||||||||
Series NAV | — | (4,434,591 | ) | — | — | — | (1,429,264 | ) | ||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (29,423,775 | ) | — | (70,600,306 | ) | — | — | ||||||||||
Series II | — | (5,730,075 | ) | — | — | — | — | |||||||||||
Series NAV | — | (39,606,222 | ) | — | — | — | — | |||||||||||
Total distributions | — | (82,757,731 | ) | — | (80,318,543 | ) | — | (2,000,065 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (40,633,031 | ) | (27,713,133 | ) | (7,182,904 | ) | 65,572,225 | (28,615,933 | ) | (48,290,212 | ) | |||||||
Total from portfolio share transactions | (40,633,031 | ) | (27,713,133 | ) | (7,182,904 | ) | 65,572,225 | (28,615,933 | ) | (48,290,212 | ) | |||||||
Total decrease | (15,855,339 | ) | (22,006,897 | ) | (7,479,922 | ) | (887,610 | ) | (26,286,626 | ) | (27,118,675 | ) | ||||||
Net assets | ||||||||||||||||||
Beginning of period | 808,289,151 | 830,296,048 | 171,804,475 | 172,692,085 | 375,508,450 | 402,627,125 | ||||||||||||
End of period | $792,433,812 | $808,289,151 | $164,324,553 | $171,804,475 | $349,221,824 | $375,508,450 | ||||||||||||
Undistributed net investment income (loss) | $5,685,889 | $2,535,913 | $2,141,781 | $681,365 | $10,644,867 | $6,017,829 |
The accompanying notes are an integral part of the financial statements. | 78 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Small Cap Opportunities | ||||||||||||||||||
Science & Technology Trust | Small Cap Index Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(1,313,963 | ) | $(2,252,877 | ) | $2,798,921 | $5,449,203 | $132,299 | $603,425 | ||||||||||
Net realized gain (loss) | 102,178,409 | 122,975,570 | 50,038,390 | 36,220,930 | 4,741,695 | 31,345,235 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 3,686,610 | 88,162,609 | (9,286,556 | ) | 34,588,182 | 3,262,682 | (8,173,166 | ) | ||||||||||
Increase in net assets resulting from operations | 104,551,056 | 208,885,302 | 43,550,755 | 76,258,315 | 8,136,676 | 23,775,494 | ||||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (285,913 | ) | — | (1,763,127 | ) | — | (390,162 | ) | |||||||||
Series II | — | — | — | (103,478 | ) | — | (89,170 | ) | ||||||||||
Series NAV | — | (36,789 | ) | — | (633,630 | ) | — | (406,439 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (30,584,172 | ) | — | (15,737,544 | ) | — | (6,093,046 | ) | |||||||||
Series II | — | (2,909,292 | ) | — | (1,669,507 | ) | — | (2,462,740 | ) | |||||||||
Series NAV | — | (2,333,847 | ) | — | (5,048,159 | ) | — | (5,731,524 | ) | |||||||||
Total distributions | — | — | — | (24,955,445 | ) | — | (15,173,081 | ) | ||||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | 31,108,841 | 44,824,122 | 4,460,156 | 19,142,689 | (9,408,871 | ) | (66,958,824 | ) | ||||||||||
Total from portfolio share transactions | 31,108,841 | 44,824,122 | 4,460,156 | 19,142,689 | (9,408,871 | ) | (66,958,824 | ) | ||||||||||
Total increase (decrease) | 135,659,897 | 217,559,411 | 48,010,911 | 70,445,559 | (1,272,195 | ) | (58,356,411 | ) | ||||||||||
Net assets | ||||||||||||||||||
Beginning of period | 718,742,921 | 501,183,510 | 595,502,775 | 525,057,216 | 164,269,351 | 222,625,762 | ||||||||||||
End of period | $854,402,818 | $718,742,921 | $643,513,686 | $595,502,775 | $162,997,156 | $164,269,351 | ||||||||||||
Undistributed net investment income (loss) | $(1,313,963 | ) | — | $6,878,028 | $4,079,107 | $689,461 | $557,162 | |||||||||||
Small Company Value | ||||||||||||||||||
Small Cap Stock Trust | Small Cap Value Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(1,258,230 | ) | $(2,351,654 | ) | $2,044,174 | $7,343,047 | $428,469 | $922,771 | ||||||||||
Net realized gain (loss) | 46,400,531 | 54,205,040 | 12,932,125 | 72,134,571 | 22,613,397 | 25,115,714 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 5,369,112 | 41,502,530 | 7,908,405 | (58,011,911 | ) | (13,541,840 | ) | 4,418,846 | ||||||||||
Increase in net assets resulting from operations | 50,511,413 | 93,355,916 | 22,884,704 | 21,465,707 | 9,500,026 | 30,457,331 | ||||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | — | — | (2,955,084 | ) | — | (152,092 | ) | ||||||||||
Series II | — | — | — | (260,740 | ) | — | (112,022 | ) | ||||||||||
Series NAV | — | — | — | (2,921,524 | ) | — | (389,504 | ) | ||||||||||
From net realized gain | ||||||||||||||||||
Series I | — | — | — | (25,056,557 | ) | — | (9,266,354 | ) | ||||||||||
Series II | — | — | — | (2,771,723 | ) | — | (7,832,590 | ) | ||||||||||
Series NAV | — | — | — | (22,872,719 | ) | — | (23,018,333 | ) | ||||||||||
Total distributions | — | — | — | (56,838,347 | ) | — | (40,770,895 | ) | ||||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (26,724,640 | ) | (12,319,560 | ) | (59,694,232 | ) | (34,929,434 | ) | (20,497,734 | ) | 23,020,348 | |||||||
Total from portfolio share transactions | (26,724,640 | ) | (12,319,560 | ) | (59,694,232 | ) | (34,929,434 | ) | (20,497,734 | ) | 23,020,348 | |||||||
Total increase (decrease) | 23,786,773 | 81,036,356 | (36,809,528 | ) | (70,302,074 | ) | (10,997,708 | ) | 12,706,784 | |||||||||
Net assets | ||||||||||||||||||
Beginning of period | 455,022,229 | 373,985,873 | 656,405,489 | 726,707,563 | 298,280,420 | 285,573,636 | ||||||||||||
End of period | $478,809,002 | $455,022,229 | $619,595,961 | $656,405,489 | $287,282,712 | $298,280,420 | ||||||||||||
Undistributed net investment income (loss) | $(1,258,230 | ) | — | $4,512,318 | $2,468,144 | $1,412,394 | $983,925 |
The accompanying notes are an integral part of the financial statements. | 79 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Strategic Equity Allocation | Total Stock Market Index | ||||||||||||||||||
Trust | Trust | Utilities Trust | |||||||||||||||||
Six months | Six months | Six months | |||||||||||||||||
ended | ended | ended | |||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | ||||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | |||||||||||||
From operations | |||||||||||||||||||
Net investment income (loss) | 114,342,237 | 196,248,353 | $5,545,951 | $10,982,549 | $4,754,318 | $9,427,564 | |||||||||||||
Net realized gain (loss) | 206,224,877 | 433,847,457 | 38,651,884 | 23,672,957 | (68,712 | ) | (1,824,119 | ) | |||||||||||
Change in net unrealized appreciation (depreciation) | (200,999,623 | ) | 1,610,418,888 | (20,690,038 | ) | 104,335,889 | 1,237,253 | 37,552,860 | |||||||||||
Increase in net assets resulting from operations | 119,567,491 | 2,240,514,698 | 23,507,797 | 138,991,395 | 5,922,859 | 45,156,305 | |||||||||||||
Distributions to shareholders | |||||||||||||||||||
From net investment income | |||||||||||||||||||
Series I | — | — | — | (7,583,755 | ) | — | (6,613,452 | ) | |||||||||||
Series II | — | — | — | (498,940 | ) | — | (332,651 | ) | |||||||||||
Series NAV | — | (200,197,264 | ) | — | (2,123,881 | ) | — | (736,759 | ) | ||||||||||
From net realized gain | |||||||||||||||||||
Series I | — | — | — | (11,771,833 | ) | — | — | ||||||||||||
Series II | — | — | — | (895,191 | ) | — | — | ||||||||||||
Series NAV | — | (161,560,775 | ) | — | (3,091,590 | ) | — | — | |||||||||||
Total distributions | — | (361,758,039 | ) | — | (25,965,190 | ) | — | (7,682,862 | ) | ||||||||||
From portfolio share transactions | |||||||||||||||||||
Portfolio share transactions | (791,288,812 | ) | (1,511,628,464 | ) | (54,913,288 | ) | (26,644,107 | ) | (38,594,384 | ) | (52,155,945 | ) | |||||||
Issued in reorganization | — | — | — | 66,577,976 | — | — | |||||||||||||
Total from portfolio share transactions | (791,288,812 | ) | (1,511,628,464 | ) | (54,913,288 | ) | 39,933,869 | (38,594,384 | ) | (52,155,945 | ) | ||||||||
Total increase (decrease) | (671,721,321 | ) | 367,128,195 | (31,405,491 | ) | 152,960,074 | (32,671,525 | ) | (14,682,502 | ) | |||||||||
Net assets | |||||||||||||||||||
Beginning of period | 11,484,582,152 | 11,117,453,957 | 794,211,995 | 641,251,921 | 305,353,092 | 320,035,594 | |||||||||||||
End of period | $10,812,860,831 | $11,484,582,152 | $762,806,504 | $794,211,995 | $272,681,567 | $305,353,092 | |||||||||||||
Undistributed net investment income (loss) | $152,699,398 | $38,357,161 | $8,376,905 | $2,830,954 | $8,264,580 | $3,510,262 |
The accompanying notes are an integral part of the financial statements. | 80 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||||||
Income (loss) from | |||||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||
Net | |||||||||||||||||||||||||||||||||
realized | |||||||||||||||||||||||||||||||||
and | |||||||||||||||||||||||||||||||||
unreal- | Total | ||||||||||||||||||||||||||||||||
ized | from | ||||||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | ||||||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | |||||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | |||||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | ||||||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | ||||||||||||||||||
500 Index Trust | |||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||
6-30-20183 | 32.20 | 0.26 | 0.53 | 0.79 | — | — | — | — | 32.99 | 2.454 | 0.555 | 0.305 | 1.625 | 3,230 | 2 | ||||||||||||||||||
12-31-2017 | 27.29 | 0.50 | 5.31 | 5.81 | (0.52 | ) | (0.38 | ) | — | (0.90 | ) | 32.20 | 21.52 | 0.55 | 0.30 | 1.69 | 3,135 | 3 | |||||||||||||||
12-31-2016 | 25.26 | 0.50 | 2.40 | 2.90 | (0.45 | ) | (0.42 | ) | — | (0.87 | ) | 27.29 | 11.59 | 0.54 | 0.30 | 1.91 | 2,529 | 46 | |||||||||||||||
12-31-2015 | 25.68 | 0.48 | (0.20 | ) | 0.28 | (0.44 | ) | (0.26 | ) | — | (0.70 | ) | 25.26 | 1.10 | 0.54 | 0.30 | 1.85 | 2,024 | 4 | ||||||||||||||
12-31-2014 | 23.34 | 0.42 | 2.68 | 3.10 | (0.39 | ) | (0.37 | ) | — | (0.76 | ) | 25.68 | 13.33 | 0.54 | 0.30 | 1.71 | 1,880 | 2 | |||||||||||||||
12-31-2013 | 18.01 | 0.37 | 5.38 | 5.75 | (0.38 | ) | (0.04 | ) | — | (0.42 | ) | 23.34 | 32.03 | 0.53 | 0.30 | 1.75 | 1,581 | 4 | |||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||
6-30-20183 | 32.22 | 0.23 | 0.53 | 0.76 | — | — | — | — | 32.98 | 2.364 | 0.755 | 0.505 | 1.415 | 70 | 2 | ||||||||||||||||||
12-31-2017 | 27.31 | 0.45 | 5.30 | 5.75 | (0.46 | ) | (0.38 | ) | — | (0.84 | ) | 32.22 | 21.28 | 0.75 | 0.50 | 1.50 | 74 | 3 | |||||||||||||||
12-31-2016 | 25.29 | 0.45 | 2.39 | 2.84 | (0.40 | ) | (0.42 | ) | — | (0.82 | ) | 27.31 | 11.37 | 0.74 | 0.50 | 1.72 | 64 | 46 | |||||||||||||||
12-31-2015 | 25.71 | 0.42 | (0.20 | ) | 0.22 | (0.38 | ) | (0.26 | ) | — | (0.64 | ) | 25.29 | 0.86 | 0.74 | 0.50 | 1.64 | 51 | 4 | ||||||||||||||
12-31-2014 | 23.36 | 0.37 | 2.69 | 3.06 | (0.34 | ) | (0.37 | ) | — | (0.71 | ) | 25.71 | 13.15 | 0.74 | 0.50 | 1.51 | 55 | 2 | |||||||||||||||
12-31-2013 | 18.03 | 0.32 | 5.39 | 5.71 | (0.34 | ) | (0.04 | ) | — | (0.38 | ) | 23.36 | 31.76 | 0.73 | 0.50 | 1.55 | 52 | 4 | |||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||
6-30-20183 | 32.19 | 0.27 | 0.54 | 0.81 | — | — | — | — | 33.00 | 2.524 | 0.505 | 0.255 | 1.675 | 1,891 | 2 | ||||||||||||||||||
12-31-2017 | 27.29 | 0.52 | 5.29 | 5.81 | (0.53 | ) | (0.38 | ) | — | (0.91 | ) | 32.19 | 21.54 | 0.50 | 0.25 | 1.75 | 1,892 | 3 | |||||||||||||||
12-31-2016 | 25.26 | 0.51 | 2.40 | 2.91 | (0.46 | ) | (0.42 | ) | — | (0.88 | ) | 27.29 | 11.64 | 0.49 | 0.25 | 1.96 | 1,641 | 46 | |||||||||||||||
12-31-2015 | 25.68 | 0.49 | (0.20 | ) | 0.29 | (0.45 | ) | (0.26 | ) | — | (0.71 | ) | 25.26 | 1.15 | 0.49 | 0.25 | 1.89 | 1,442 | 4 | ||||||||||||||
12-31-2014 | 23.33 | 0.43 | 2.69 | 3.12 | (0.40 | ) | (0.37 | ) | — | (0.77 | ) | 25.68 | 13.43 | 0.49 | 0.25 | 1.76 | 1,530 | 2 | |||||||||||||||
12-31-2013 | 18.01 | 0.38 | 5.37 | 5.75 | (0.39 | ) | (0.04 | ) | — | (0.43 | ) | 23.33 | 32.03 | 0.48 | 0.25 | 1.80 | 1,397 | 4 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes merger activity. | |||||||||||||||||||||||||||||||||
American Asset Allocation Trust | |||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||
6-30-20183 | 14.29 | 0.014 | 0.11 | 0.12 | — | — | — | — | 14.41 | 0.845 | 0.626,7 | 0.626,7 | 0.094,7 | 282 | 5 | ||||||||||||||||||
12-31-2017 | 13.36 | 0.174 | 1.89 | 2.06 | (0.16 | ) | (0.97 | ) | — | (1.13 | ) | 14.29 | 15.79 | 0.636 | 0.626 | 1.174 | 283 | 6 | |||||||||||||||
12-31-2016 | 14.21 | 0.184 | 1.06 | 1.24 | (0.17 | ) | (1.92 | ) | — | (2.09 | ) | 13.36 | 8.99 | 0.616,8 | 0.606 | 1.294 | 244 | 4 | |||||||||||||||
12-31-2015 | 15.75 | 0.204 | (0.10 | ) | 0.10 | (0.19 | ) | (1.45 | ) | — | (1.64 | ) | 14.21 | 1.06 | 0.626 | 0.616 | 1.274 | 220 | 9 | ||||||||||||||
12-31-2014 | 15.22 | 0.174 | 0.60 | 0.77 | (0.17 | ) | (0.07 | ) | — | (0.24 | ) | 15.75 | 5.05 | 0.626 | 0.616 | 1.114 | 227 | 7 | |||||||||||||||
12-31-2013 | 12.47 | 0.154 | 2.76 | 2.91 | (0.16 | ) | — | — | (0.16 | ) | 15.22 | 23.30 | 0.626 | 0.626 | 1.084 | 221 | 2 | ||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||
6-30-20183 | 14.30 | —4, | 9 | 0.11 | 0.11 | — | — | — | — | 14.41 | 0.775 | 0.776,7 | 0.716,7 | (0.01)4,7 | 1,066 | 5 | |||||||||||||||||
12-31-2017 | 13.37 | 0.144 | 1.91 | 2.05 | (0.15 | ) | (0.97 | ) | — | (1.12 | ) | 14.30 | 15.69 | 0.786 | 0.716 | 1.004 | 1,141 | 6 | |||||||||||||||
12-31-2016 | 14.21 | 0.154 | 1.08 | 1.23 | (0.15 | ) | (1.92 | ) | — | (2.07 | ) | 13.37 | 8.92 | 0.766,8 | 0.726 | 1.084 | 1,133 | 4 | |||||||||||||||
12-31-2015 | 15.75 | 0.164 | (0.09 | ) | 0.07 | (0.16 | ) | (1.45 | ) | — | (1.61 | ) | 14.21 | 0.91 | 0.776 | 0.766 | 1.054 | 1,168 | 9 | ||||||||||||||
12-31-2014 | 15.22 | 0.144 | 0.61 | 0.75 | (0.15 | ) | (0.07 | ) | — | (0.22 | ) | 15.75 | 4.89 | 0.776 | 0.766 | 0.904 | 1,320 | 7 | |||||||||||||||
12-31-2013 | 12.47 | 0.134 | 2.75 | 2.88 | (0.13 | ) | — | — | (0.13 | ) | 15.22 | 23.13 | 0.776 | 0.776 | 0.904 | 1,430 | 2 | ||||||||||||||||
SERIES III | |||||||||||||||||||||||||||||||||
6-30-20183 | 14.30 | 0.034 | 0.11 | 0.14 | — | — | — | — | 14.44 | 0.985 | 0.276,7 | 0.276,7 | 0.434,7 | 131 | 5 | ||||||||||||||||||
12-31-2017 | 13.36 | 0.214 | 1.91 | 2.12 | (0.21 | ) | (0.97 | ) | — | (1.18 | ) | 14.30 | 16.25 | 0.286 | 0.276 | 1.454 | 141 | 6 | |||||||||||||||
12-31-2016 | 14.20 | 0.224 | 1.08 | 1.30 | (0.22 | ) | (1.92 | ) | — | (2.14 | ) | 13.36 | 9.43 | 0.266,8 | 0.256 | 1.554 | 137 | 4 | |||||||||||||||
12-31-2015 | 15.75 | 0.244 | (0.10 | ) | 0.14 | (0.24 | ) | (1.45 | ) | — | (1.69 | ) | 14.20 | 1.34 | 0.276 | 0.266 | 1.564 | 138 | 9 | ||||||||||||||
12-31-2014 | 15.22 | 0.214 | 0.61 | 0.82 | (0.22 | ) | (0.07 | ) | — | (0.29 | ) | 15.75 | 5.40 | 0.276 | 0.266 | 1.374 | 156 | 7 | |||||||||||||||
12-31-2013 | 12.46 | 0.204 | 2.76 | 2.96 | (0.20 | ) | — | — | (0.20 | ) | 15.22 | 23.79 | 0.276 | 0.276 | 1.404 | 173 | 2 | ||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The expense ratio of the underlying fund held by the portfolio were as follows: 0.29%, 0.29%, 0.30%. 0.31%, 0.31% and 0.31% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14, and 12-31-13, respectively. 7 Annualized. 8 Includes reimbursement for overbilling of custody expenses in prior years of 0.01%. 9 Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 81 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
American Global Growth Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 16.10 | (0.03)4 | 0.49 | 0.46 | — | — | — | — | 16.56 | 2.865 | 0.646,7 | 0.636,7 | (0.39)4,7 | 20 | 8 | |||||||||||||||
12-31-2017 | 13.43 | 0.054 | 4.00 | 4.05 | (0.04) | (1.34) | — | (1.38) | 16.10 | 30.91 | 0.656 | 0.646 | 0.334 | 19 | 9 | |||||||||||||||
12-31-2016 | 15.38 | 0.104 | (0.01) | 0.09 | (0.08) | (1.96) | — | (2.04) | 13.43 | 0.28 | 0.646 | 0.606 | 0.694 | 13 | 14 | |||||||||||||||
12-31-2015 | 15.86 | 0.144 | 0.87 | 1.01 | (0.39) | (1.10) | — | (1.49) | 15.38 | 6.64 | 6.646 | 0.556 | 0.884 | 12 | 17 | |||||||||||||||
12-31-2014 | 15.68 | 0.154 | 0.16 | 0.31 | (0.13) | — | — | (0.13) | 15.86 | 1.96 | 0.636 | 0.586 | 0.974 | 8 | 13 | |||||||||||||||
12-31-2013 | 12.29 | 0.164 | 3.36 | 3.52 | (0.13) | — | — | (0.13) | 15.68 | 28.63 | 0.646 | 0.636 | 1.174 | 5 | 2 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 16.06 | (0.04)4 | 0.49 | 0.45 | — | — | — | — | 16.51 | 2.805 | 0.796,7 | 0.706,7 | (0.47)4,7 | 173 | 8 | |||||||||||||||
12-31-2017 | 13.39 | 0.034 | 4.01 | 4.04 | (0.03) | (1.34) | — | (1.37) | 16.06 | 30.92 | 0.806 | 0.716 | 0.164 | 185 | 9 | |||||||||||||||
12-31-2016 | 15.35 | 0.064 | — | 0.06 | (0.06) | (1.96) | — | (2.02) | 13.39 | 0.10 | 0.796 | 0.706 | 0.424 | 166 | 14 | |||||||||||||||
12-31-2015 | 15.83 | 0.094 | 0.90 | 0.99 | (0.37) | (1.10) | — | (1.47) | 15.35 | 6.50 | 0.796 | 0.706 | 0.554 | 193 | 17 | |||||||||||||||
12-31-2014 | 15.65 | 0.104 | 0.19 | 0.29 | (0.11) | — | — | (0.11) | 15.83 | 1.82 | 0.786 | 0.746 | 0.624 | 203 | 13 | |||||||||||||||
12-31-2013 | 12.27 | 0.114 | 3.38 | 3.49 | (0.11) | — | — | (0.11) | 15.65 | 28.43 | 0.796 | 0.786 | 0.774 | 233 | 2 | |||||||||||||||
SERIES III | ||||||||||||||||||||||||||||||
6-30-20183 | 16.05 | —4,8 | 0.49 | 0.49 | — | — | — | — | 16.54 | 3.055 | 0.296,7 | 0.286,7 | (0.05)4,7 | 31 | 8 | |||||||||||||||
12-31-2017 | 13.39 | 0.094 | 4.00 | 4.09 | (0.09) | (1.34) | — | (1.43) | 16.05 | 31.34 | 0.306 | 0.296 | 0.564 | 32 | 9 | |||||||||||||||
12-31-2016 | 15.34 | 0.134 | 0.01 | 0.14 | (0.13) | (1.96) | — | (2.09) | 13.39 | 0.63 | 0.296 | 0.246 | 0.904 | 31 | 14 | |||||||||||||||
12-31-2015 | 15.82 | 0.174 | 0.90 | 1.07 | (0.45) | (1.10) | — | (1.55) | 15.34 | 7.02 | 0.296 | 0.206 | 1.024 | 31 | 17 | |||||||||||||||
12-31-2014 | 15.64 | 0.184 | 0.18 | 0.36 | (0.18) | — | — | (0.18) | 15.82 | 2.31 | 0.286 | 0.246 | 1.124 | 36 | 13 | |||||||||||||||
12-31-2013 | 12.25 | 0.244 | 3.33 | 3.57 | (0.18) | — | — | (0.18) | 15.64 | 29.12 | 0.296 | 0.286 | 1.684 | 40 | 2 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The expense ratio of the underlying fund held by the portfolio were as follows: 0.55%, 0.56%, 0.55%, 0.55%, 0.56% and 0.55% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 7 Annualized. 8 Less than $0.005 per share. | ||||||||||||||||||||||||||||||
American Growth Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 20.17 | (0.03)4 | 1.97 | 1.94 | — | — | — | — | 22.11 | 9.625 | 0.636,7 | 0.626,7 | (0.32)4,7 | 138 | 10 | |||||||||||||||
12-31-2017 | 18.62 | 0.034 | 4.86 | 4.89 | (0.02) | (3.32) | — | (3.34) | 20.17 | 27.87 | 0.636 | 0.626 | 0.134 | 130 | 11 | |||||||||||||||
12-31-2016 | 24.15 | 0.094 | 1.89 | 1.98 | (0.07) | (7.44) | — | (7.51) | 18.62 | 9.08 | 0.626 | 0.626 | 0.414 | 109 | 12 | |||||||||||||||
12-31-2015 | 24.07 | 0.044 | 1.43 | 1.47 | (0.06) | (1.33) | — | (1.39) | 24.15 | 6.44 | 0.626 | 0.626 | 0.184 | 104 | 21 | |||||||||||||||
12-31-2014 | 22.44 | 0.204 | 1.63 | 1.83 | (0.20) | — | — | (0.20) | 24.07 | 8.13 | 0.626 | 0.616 | 0.854 | 118 | 7 | |||||||||||||||
12-31-2013 | 17.40 | 0.114 | 5.04 | 5.15 | (0.11) | — | — | (0.11) | 22.44 | 29.60 | 0.626 | 0.626 | 0.574 | 110 | 2 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 20.06 | (0.04)4 | 1.96 | 1.92 | — | — | — | — | 21.98 | 9.575 | 0.786,7 | 0.686,7 | (0.39)4,7 | 672 | 10 | |||||||||||||||
12-31-2017 | 18.54 | 0.014 | 4.84 | 4.85 | (0.01) | (3.32) | — | (3.33) | 20.06 | 27.74 | 0.786 | 0.686 | 0.044 | 688 | 11 | |||||||||||||||
12-31-2016 | 24.08 | 0.074 | 1.89 | 1.96 | (0.06) | (7.44) | — | (7.50) | 18.54 | 9.03 | 0.776 | 0.686 | 0.324 | 658 | 12 | |||||||||||||||
12-31-2015 | 23.99 | 0.024 | 1.42 | 1.44 | (0.02) | (1.33) | — | (1.35) | 24.08 | 6.35 | 0.776 | 0.726 | 0.104 | 707 | 21 | |||||||||||||||
12-31-2014 | 22.37 | 0.144 | 1.64 | 1.78 | (0.16) | — | — | (0.16) | 23.99 | 7.96 | 0.776 | 0.766 | 0.634 | 804 | 7 | |||||||||||||||
12-31-2013 | 17.34 | 0.074 | 5.04 | 5.11 | (0.08) | — | — | (0.08) | 22.37 | 29.48 | 0.776 | 0.776 | 0.364 | 919 | 2 | |||||||||||||||
SERIES III | ||||||||||||||||||||||||||||||
6-30-20183 | 20.06 | —4,8 | 1.97 | 1.97 | — | — | — | — | 22.03 | 9.825 | 0.286,7 | 0.276,7 | 0.024,7 | 96 | 10 | |||||||||||||||
12-31-2017 | 18.54 | 0.094 | 4.84 | 4.93 | (0.09) | (3.32) | — | (3.41) | 20.06 | 28.22 | 0.286 | 0.276 | 0.444 | 98 | 11 | |||||||||||||||
12-31-2016 | 24.07 | 0.164 | 1.90 | 2.06 | (0.15) | (7.44) | — | (7.59) | 18.54 | 9.48 | 0.276 | 0.276 | 0.754 | 94 | 12 | |||||||||||||||
12-31-2015 | 23.98 | 0.144 | 1.43 | 1.57 | (0.15) | (1.33) | — | (1.48) | 24.07 | 6.87 | 0.276 | 0.276 | 0.564 | 94 | 21 | |||||||||||||||
12-31-2014 | 22.36 | 0.264 | 1.64 | 1.90 | (0.28) | — | — | (0.28) | 23.98 | 8.47 | 0.276 | 0.266 | 1.144 | 106 | 7 | |||||||||||||||
12-31-2013 | 17.33 | 0.174 | 5.04 | 5.21 | (0.18) | — | — | (0.18) | 22.36 | 30.07 | 0.276 | 0.276 | 0.884 | 116 | 2 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The expense ratio of the underlying fund held by the portfolio were as follows: 0.35%, 0.35%, 0.35%, 0.35%, 0.35% and 0.35% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 7 Annualized. 8 Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 82 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
American Growth-Income Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 17.69 | (0.01)4 | 1.11 | 1.10 | — | — | — | — | 18.79 | 6.225 | 0.636,7 | 0.626,7 | (0.08)4,7 | 278 | 7 | |||||||||||||||
12-31-2017 | 17.58 | 0.184 | 3.37 | 3.55 | (0.17) | (3.27) | — | (3.44) | 17.69 | 22.03 | 0.636 | 0.626 | 1.004 | 275 | 8 | |||||||||||||||
12-31-2016 | 21.16 | 0.224 | 1.94 | 2.16 | (0.19) | (5.55) | — | (5.74) | 17.58 | 11.10 | 0.626 | 0.616 | 1.104 | 247 | 13 | |||||||||||||||
12-31-2015 | 24.00 | 0.214 | (0.07) | 0.14 | (0.20) | (2.78) | — | (2.98) | 21.16 | 1.11 | 0.626 | 0.616 | 0.894 | 240 | 17 | |||||||||||||||
12-31-2014 | 21.96 | 0.214 | 2.04 | 2.25 | (0.21) | — | — | (0.21) | 24.00 | 10.25 | 0.626 | 0.616 | 0.904 | 267 | 6 | |||||||||||||||
12-31-2013 | 16.66 | 0.184 | 5.32 | 5.50 | (0.20) | — | — | (0.20) | 21.96 | 33.01 | 0.626 | 0.616 | 0.964 | 270 | 2 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 17.63 | (0.02)4 | 1.12 | 1.10 | — | — | — | — | 18.73 | 6.245 | 0.786,7 | 0.706,7 | (0.17)4,7 | 566 | 7 | |||||||||||||||
12-31-2017 | 17.54 | 0.164 | 3.35 | 3.51 | (0.15) | (3.27) | — | (3.42) | 17.63 | 21.89 | 0.786 | 0.706 | 0.874 | 594 | 8 | |||||||||||||||
12-31-2016 | 21.12 | 0.194 | 1.96 | 2.15 | (0.18) | (5.55) | — | (5.73) | 17.54 | 11.06 | 0.776 | 0.696 | 0.974 | 585 | 13 | |||||||||||||||
12-31-2015 | 23.96 | 0.184 | (0.07) | 0.11 | (0.17) | (2.78) | — | (2.95) | 21.12 | 0.96 | 0.776 | 0.736 | 0.774 | 628 | 17 | |||||||||||||||
12-31-2014 | 21.92 | 0.164 | 2.06 | 2.22 | (0.18) | — | — | (0.18) | 23.96 | 10.12 | 0.776 | 0.766 | 0.684 | 730 | 6 | |||||||||||||||
12-31-2013 | 16.63 | 0.144 | 5.32 | 5.46 | (0.17) | — | — | (0.17) | 21.92 | 32.84 | 0.776 | 0.766 | 0.754 | 831 | 2 | |||||||||||||||
SERIES III | ||||||||||||||||||||||||||||||
6-30-20183 | 17.65 | 0.024 | 1.12 | 1.14 | — | — | — | — | 18.79 | 6.465 | 0.286,7 | 0.276,7 | 0.264,7 | 216 | 7 | |||||||||||||||
12-31-2017 | 17.55 | 0.244 | 3.36 | 3.60 | (0.23) | (3.27) | — | (3.50) | 17.65 | 22.39 | 0.286 | 0.276 | 1.304 | 222 | 8 | |||||||||||||||
12-31-2016 | 21.12 | 0.284 | 1.96 | 2.24 | (0.26) | (5.55) | — | (5.81) | 17.55 | 11.54 | 0.276 | 0.266 | 1.424 | 218 | 13 | |||||||||||||||
12-31-2015 | 23.96 | 0.294 | (0.06) | 0.23 | (0.29) | (2.78) | — | (3.07) | 21.12 | 1.46 | 0.276 | 0.266 | 1.244 | 219 | 17 | |||||||||||||||
12-31-2014 | 21.92 | 0.274 | 2.07 | 2.34 | (0.30) | — | — | (0.30) | 23.96 | 10.64 | 0.276 | 0.266 | 1.194 | 252 | 6 | |||||||||||||||
12-31-2013 | 16.62 | 0.244 | 5.33 | 5.57 | (0.27) | — | — | (0.27) | 21.92 | 33.50 | 0.276 | 0.266 | 1.274 | 276 | 2 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The expense ratio of the underlying fund held by the portfolio were as follows: 0.28%, 0.29%, 0.29%, 0.29%, 0.29% and 0.29% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 7 Annualized. | ||||||||||||||||||||||||||||||
American International Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 21.93 | (0.02)4 | (0.05) | (0.07) | — | — | — | — | 21.86 | (0.32)5 | 0.636,7 | 0.626,7 | (0.16)4,7 | 133 | 10 | |||||||||||||||
12-31-2017 | 17.71 | 0.194 | 5.34 | 5.53 | (0.18) | (1.13) | — | (1.31) | 21.93 | 31.65 | 0.636 | 0.626 | 0.904 | 132 | 9 | |||||||||||||||
12-31-2016 | 17.35 | 0.174 | 0.37 | 0.54 | (0.18) | — | — | (0.18) | 17.71 | 3.12 | 0.636 | 0.626 | 0.994 | 93 | 17 | |||||||||||||||
12-31-2015 | 18.45 | 0.224 | (1.11) | (0.89) | (0.21) | — | — | (0.21) | 17.35 | (4.82) | 0.636 | 0.626 | 1.144 | 98 | 15 | |||||||||||||||
12-31-2014 | 19.23 | 0.214 | (0.79) | (0.58) | (0.20) | — | — | (0.20) | 18.45 | (3.05) | 0.626 | 0.626 | 1.084 | 89 | 6 | |||||||||||||||
12-31-2013 | 16.01 | 0.174 | 3.22 | 3.39 | (0.17) | — | — | (0.17) | 19.23 | 21.20 | 0.636 | 0.626 | 1.004 | 92 | 3 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 21.92 | (0.03)4 | (0.06) | (0.09) | — | — | — | — | 21.83 | (0.41)5 | 0.786,7 | 0.756,7 | (0.31)4,7 | 355 | 10 | |||||||||||||||
12-31-2017 | 17.70 | 0.144 | 5.36 | 5.50 | (0.15) | (1.13) | — | (1.28) | 21.92 | 31.49 | 0.786 | 0.756 | 0.694 | 381 | 9 | |||||||||||||||
12-31-2016 | 17.34 | 0.144 | 0.37 | 0.51 | (0.15) | — | — | (0.15) | 17.70 | 2.97 | 0.786 | 0.756 | 0.824 | 361 | 17 | |||||||||||||||
12-31-2015 | 18.44 | 0.184 | (1.10) | (0.92) | (0.18) | — | — | (0.18) | 17.34 | (4.98) | 0.786 | 0.766 | 0.934 | 395 | 15 | |||||||||||||||
12-31-2014 | 19.21 | 0.154 | (0.75) | (0.60) | (0.17) | — | — | (0.17) | 18.44 | (3.15) | 0.776 | 0.776 | 0.794 | 468 | 6 | |||||||||||||||
12-31-2013 | 16.00 | 0.134 | 3.23 | 3.36 | (0.15) | — | — | (0.15) | 19.21 | 20.98 | 0.786 | 0.776 | 0.764 | 557 | 3 | |||||||||||||||
SERIES III | ||||||||||||||||||||||||||||||
6-30-20183 | 21.86 | 0.024 | (0.05) | (0.03) | — | — | — | — | 21.83 | (0.14)5 | 0.286,7 | 0.276,7 | 0.174,7 | 41 | 10 | |||||||||||||||
12-31-2017 | 17.65 | 0.244 | 5.35 | 5.59 | (0.25) | (1.13) | — | (1.38) | 21.86 | 32.12 | 0.286 | 0.276 | 1.164 | 43 | 9 | |||||||||||||||
12-31-2016 | 17.29 | 0.234 | 0.37 | 0.60 | (0.24) | — | — | (0.24) | 17.65 | 3.49 | 0.286 | 0.276 | 1.334 | 41 | 17 | |||||||||||||||
12-31-2015 | 18.40 | 0.274 | (1.10) | (0.83) | (0.28) | — | — | (0.28) | 17.29 | (4.54) | 0.286 | 0.276 | 1.444 | 43 | 15 | |||||||||||||||
12-31-2014 | 19.17 | 0.264 | (0.77) | (0.51) | (0.26) | — | — | (0.26) | 18.40 | (2.66) | 0.276 | 0.276 | 1.334 | 50 | 6 | |||||||||||||||
12-31-2013 | 15.96 | 0.234 | 3.21 | 3.44 | (0.23) | — | — | (0.23) | 19.17 | 21.58 | 0.286 | 0.276 | 1.314 | 55 | 3 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The expense ratio of the underlying fund held by the portfolio were as follows: 0.54, 0.68%, 0.54%, 0.54%, 0.54% and 0.54% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 7 Annualized. |
The accompanying notes are an integral part of the financial statements. | 83 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Blue Chip Growth Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 34.92 | (0.01) | 4.11 | 4.10 | — | — | — | — | 39.02 | 11.714 | 0.845 | 0.805 | (0.06)5 | 338 | 10 | |||||||||||||||
12-31-2017 | 27.45 | (0.01) | 9.74 | 9.73 | (0.02) | (2.24) | — | (2.26) | 34.92 | 36.28 | 0.85 | 0.82 | (0.02) | 323 | 25 | |||||||||||||||
12-31-2016 | 32.45 | 0.02 | 0.17 | 0.19 | —6 | (5.19) | — | (5.19) | 27.45 | 0.81 | 0.857 | 0.827 | 0.07 | 270 | 30 | |||||||||||||||
12-31-2015 | 35.88 | 0.01 | 3.48 | 3.49 | — | (6.92) | — | (6.92) | 32.45 | 11.06 | 0.87 | 0.83 | 0.03 | 311 | 29 | |||||||||||||||
12-31-2014 | 34.23 | (0.04) | 3.12 | 3.08 | — | (1.43) | — | (1.43) | 35.88 | 9.07 | 0.86 | 0.83 | (0.12) | 313 | 26 | |||||||||||||||
12-31-2013 | 24.29 | (0.01) | 10.03 | 10.02 | (0.08) | — | — | (0.08) | 34.23 | 41.27 | 0.87 | 0.83 | (0.04) | 337 | 27 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 34.10 | (0.05) | 4.02 | 3.97 | — | — | — | — | 38.07 | 11.644 | 1.045 | 1.005 | (0.26)5 | 139 | 10 | |||||||||||||||
12-31-2017 | 26.89 | (0.07) | 9.52 | 9.45 | — | (2.24) | — | (2.24) | 34.10 | 35.96 | 1.05 | 1.02 | (0.22) | 132 | 25 | |||||||||||||||
12-31-2016 | 31.95 | (0.04) | 0.17 | 0.13 | — | (5.19) | — | (5.19) | 26.89 | 0.62 | 1.057 | 1.017 | (0.13) | 115 | 30 | |||||||||||||||
12-31-2015 | 35.50 | (0.06) | 3.43 | 3.37 | — | (6.92) | — | (6.92) | 31.95 | 10.83 | 1.07 | 1.03 | (0.17) | 136 | 29 | |||||||||||||||
12-31-2014 | 33.94 | (0.11) | 3.10 | 2.99 | — | (1.43) | — | (1.43) | 35.50 | 8.88 | 1.06 | 1.03 | (0.32) | 132 | 26 | |||||||||||||||
12-31-2013 | 24.10 | (0.07) | 9.94 | 9.87 | (0.03) | — | — | (0.03) | 33.94 | 40.97 | 1.07 | 1.03 | (0.24) | 149 | 27 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 34.92 | —6 | 4.11 | 4.11 | — | — | — | — | 39.03 | 11.774 | 0.795 | 0.755 | (0.01)5 | 1,352 | 10 | |||||||||||||||
12-31-2017 | 27.45 | 0.01 | 9.74 | 9.75 | (0.04) | (2.24) | — | (2.28) | 34.92 | 36.34 | 0.80 | 0.77 | 0.03 | 1,342 | 25 | |||||||||||||||
12-31-2016 | 32.45 | 0.04 | 0.17 | 0.21 | (0.02) | (5.19) | — | (5.21) | 27.45 | 0.85 | 0.807 | 0.767 | 0.12 | 1,182 | 30 | |||||||||||||||
12-31-2015 | 35.86 | 0.03 | 3.48 | 3.51 | — | (6.92) | — | (6.92) | 32.45 | 11.13 | 0.82 | 0.78 | 0.08 | 1,260 | 29 | |||||||||||||||
12-31-2014 | 34.20 | (0.02) | 3.11 | 3.09 | — | (1.43) | — | (1.43) | 35.86 | 9.11 | 0.81 | 0.78 | (0.07) | 1,314 | 26 | |||||||||||||||
12-31-2013 | 24.26 | —6 | 10.03 | 10.03 | (0.09) | — | — | (0.09) | 34.20 | 41.37 | 0.82 | 0.78 | 0.01 | 1,471 | 27 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Less than $0.005 per share. 7 Includes reimbursement for overbilling of custody expenses in prior years of 0.01%. | ||||||||||||||||||||||||||||||
Capital Appreciation Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 14.65 | 0.03 | 1.58 | 1.61 | — | — | — | — | 16.26 | 10.994 | 0.795 | 0.795 | 0.325 | 203 | 17 | |||||||||||||||
12-31-2017 | 11.69 | —6 | 4.15 | 4.15 | (0.01) | (1.18) | — | (1.19) | 14.65 | 36.53 | 0.80 | 0.79 | 0.03 | 192 | 47 | |||||||||||||||
12-31-2016 | 14.12 | 0.01 | (0.14) | (0.13) | — | (2.30) | — | (2.30) | 11.69 | (1.08) | 0.777 | 0.767 | 0.08 | 164 | 45 | |||||||||||||||
12-31-2015 | 15.47 | —6 | 1.57 | 1.57 | — | (2.92) | — | (2.92) | 14.12 | 11.46 | 0.79 | 0.78 | (0.01) | 192 | 30 | |||||||||||||||
12-31-2014 | 15.78 | —6 | 1.50 | 1.50 | (0.01) | (1.80) | — | (1.81) | 15.47 | 9.65 | 0.78 | 0.78 | (0.01) | 196 | 33 | |||||||||||||||
12-31-2013 | 11.51 | 0.01 | 4.29 | 4.30 | (0.03) | — | — | (0.03) | 15.78 | 37.41 | 0.79 | 0.79 | 0.04 | 205 | 38 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 14.16 | 0.01 | 1.54 | 1.55 | — | — | — | — | 15.71 | 10.954 | 0.995 | 0.995 | 0.135 | 71 | 17 | |||||||||||||||
12-31-2017 | 11.35 | (0.02) | 4.01 | 3.99 | — | (1.18) | — | (1.18) | 14.16 | 36.20 | 1.00 | 0.99 | (0.17) | 66 | 47 | |||||||||||||||
12-31-2016 | 13.80 | (0.02) | (0.13) | (0.15) | — | (2.30) | — | (2.30) | 11.35 | (1.26) | 0.977 | 0.967 | (0.12) | 58 | 45 | |||||||||||||||
12-31-2015 | 15.22 | (0.03) | 1.53 | 1.50 | — | (2.92) | — | (2.92) | 13.80 | 11.17 | 0.99 | 0.98 | (0.21) | 70 | 30 | |||||||||||||||
12-31-2014 | 15.57 | (0.03) | 1.48 | 1.45 | — | (1.80) | — | (1.80) | 15.22 | 9.47 | 0.98 | 0.98 | (0.21) | 73 | 33 | |||||||||||||||
12-31-2013 | 11.38 | (0.02) | 4.24 | 4.22 | (0.03) | — | — | (0.03) | 15.57 | 37.10 | 0.99 | 0.99 | (0.16) | 77 | 38 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 14.67 | 0.03 | 1.60 | 1.63 | — | — | — | — | 16.30 | 11.114 | 0.745 | 0.745 | 0.375 | 791 | 17 | |||||||||||||||
12-31-2017 | 11.71 | 0.01 | 4.15 | 4.16 | (0.02) | (1.18) | — | (1.20) | 14.67 | 36.51 | 0.75 | 0.74 | 0.08 | 798 | 47 | |||||||||||||||
12-31-2016 | 14.13 | 0.02 | (0.14) | (0.12) | —6 | (2.30) | — | (2.30) | 11.71 | (1.00) | 0.727 | 0.717 | 0.12 | 718 | 45 | |||||||||||||||
12-31-2015 | 15.48 | 0.01 | 1.56 | 1.57 | —6 | (2.92) | — | (2.92) | 14.13 | 11.48 | 0.74 | 0.73 | 0.04 | 691 | 30 | |||||||||||||||
12-31-2014 | 15.79 | 0.01 | 1.49 | 1.50 | (0.01) | (1.80) | — | (1.81) | 15.48 | 9.68 | 0.73 | 0.73 | 0.04 | 764 | 33 | |||||||||||||||
12-31-2013 | 11.51 | 0.01 | 4.30 | 4.31 | (0.03) | — | — | (0.03) | 15.79 | 37.51 | 0.74 | 0.74 | 0.09 | 850 | 38 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Less than $0.005 per share. 7 Includes reimbursement for overbilling of custody expenses in prior years of 0.03%. |
The accompanying notes are an integral part of the financial statements. | 84 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Capital Appreciation Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 11.98 | 0.08 | 0.22 | 0.30 | — | — | — | — | 12.28 | 2.504 | 0.925 | 0.875 | 1.285 | 4 | 45 | |||||||||||||||
12-31-2017 | 11.08 | 0.13 | 1.52 | 1.65 | (0.17) | (0.58) | — | (0.75) | 11.98 | 15.15 | 0.92 | 0.88 | 1.12 | 4 | 64 | |||||||||||||||
12-31-2016 | 11.47 | 0.17 | 0.76 | 0.93 | (0.15) | (1.17) | — | (1.32) | 11.08 | 8.12 | 0.91 | 0.87 | 1.50 | 3 | 68 | |||||||||||||||
12-31-2015 | 12.78 | 0.13 | 0.48 | 0.61 | (0.13) | (1.79) | — | (1.92) | 11.47 | 5.28 | 0.91 | 0.87 | 1.02 | 1 | 73 | |||||||||||||||
12-31-2014 | 13.02 | 0.15 | 1.38 | 1.53 | (0.18) | (1.59) | — | (1.77) | 12.78 | 12.22 | 0.91 | 0.87 | 1.18 | 4 | 69 | |||||||||||||||
12-31-2013 | 11.75 | 0.14 | 2.44 | 2.58 | (0.16) | (1.15) | — | (1.31) | 13.02 | 22.32 | 0.91 | 0.87 | 1.09 | 1 | 71 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 11.94 | 0.06 | 0.22 | 0.28 | — | — | — | — | 12.22 | 2.354 | 1.125 | 1.075 | 1.085 | 290 | 45 | |||||||||||||||
12-31-2017 | 11.04 | 0.11 | 1.52 | 1.63 | (0.15) | (0.58) | — | (0.73) | 11.94 | 14.99 | 1.12 | 1.08 | 0.92 | 305 | 64 | |||||||||||||||
12-31-2016 | 11.44 | 0.14 | 0.76 | 0.90 | (0.13) | (1.17) | — | (1.30) | 11.04 | 7.84 | 1.11 | 1.07 | 1.25 | 305 | 68 | |||||||||||||||
12-31-2015 | 12.75 | 0.11 | 0.48 | 0.59 | (0.11) | (1.79) | — | (1.90) | 11.44 | 5.10 | 1.11 | 1.07 | 0.89 | 316 | 73 | |||||||||||||||
12-31-2014 | 12.99 | 0.13 | 1.37 | 1.50 | (0.15) | (1.59) | — | (1.74) | 12.75 | 12.04 | 1.11 | 1.07 | 0.98 | 332 | 69 | |||||||||||||||
12-31-2013 | 11.74 | 0.11 | 2.42 | 2.53 | (0.13) | (1.15) | — | (1.28) | 12.99 | 21.93 | 1.11 | 1.07 | 0.88 | 331 | 71 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 11.95 | 0.08 | 0.23 | 0.31 | — | — | — | — | 12.26 | 2.594 | 0.875 | 0.825 | 1.335 | 92 | 45 | |||||||||||||||
12-31-2017 | 11.06 | 0.14 | 1.51 | 1.65 | (0.18) | (0.58) | — | (0.76) | 11.95 | 15.14 | 0.87 | 0.83 | 1.17 | 92 | 64 | |||||||||||||||
12-31-2016 | 11.45 | 0.18 | 0.75 | 0.93 | (0.15) | (1.17) | — | (1.32) | 11.06 | 8.19 | 0.86 | 0.82 | 1.54 | 75 | 68 | |||||||||||||||
12-31-2015 | 12.76 | 0.14 | 0.48 | 0.62 | (0.14) | (1.79) | — | (1.93) | 11.45 | 5.27 | 0.86 | 0.82 | 1.16 | 44 | 73 | |||||||||||||||
12-31-2014 | 13.00 | 0.16 | 1.38 | 1.54 | (0.19) | (1.59) | — | (1.78) | 12.76 | 12.38 | 0.86 | 0.82 | 1.22 | 32 | 69 | |||||||||||||||
12-31-2013 | 11.74 | 0.15 | 2.42 | 2.57 | (0.16) | (1.15) | — | (1.31) | 13.00 | 22.30 | 0.86 | 0.82 | 1.14 | 32 | 71 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. | ||||||||||||||||||||||||||||||
Emerging Markets Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 10.63 | 0.08 | (0.87) | (0.79) | — | — | — | — | 9.84 | (7.43)4 | 1.105 | 1.095 | 1.515 | 8 | 7 | |||||||||||||||
12-31-2017 | 8.14 | 0.13 | 2.52 | 2.65 | (0.16) | — | — | (0.16) | 10.63 | 32.70 | 1.12 | 1.12 | 1.30 | 8 | 286 | |||||||||||||||
12-31-2016 | 7.04 | 0.12 | 1.15 | 1.27 | (0.17) | — | — | (0.17) | 8.14 | 18.00 | 1.13 | 1.12 | 1.51 | 3 | 22 | |||||||||||||||
12-31-20157 | 8.91 | 0.15 | (1.85) | (1.70) | (0.17) | — | — | (0.17) | 7.04 | (19.08) | 1.10 | 1.09 | 1.73 | 2 | 20 | |||||||||||||||
12-31-2014 | 9.92 | 0.17 | (0.65) | (0.48) | (0.18) | (0.35) | — | (0.53) | 8.91 | (5.50) | 1.13 | 1.12 | 1.68 | 3 | 17 | |||||||||||||||
12-31-2013 | 10.74 | 0.13 | (0.46) | (0.33) | (0.13) | (0.36) | — | (0.49) | 9.92 | (3.22) | 1.13 | 1.12 | 1.25 | 4 | 9 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 10.63 | 0.07 | (0.87) | (0.80) | — | — | — | — | 9.83 | (7.53)4 | 1.305 | 1.295 | 1.295 | 43 | 7 | |||||||||||||||
12-31-2017 | 8.14 | (0.02) | 2.65 | 2.63 | (0.14) | — | — | (0.14) | 10.63 | 32.47 | 1.32 | 1.32 | (0.19) | 48 | 286 | |||||||||||||||
12-31-2016 | 7.05 | 0.10 | 1.14 | 1.24 | (0.15) | — | — | (0.15) | 8.14 | 17.62 | 1.33 | 1.32 | 1.33 | —8 | 22 | |||||||||||||||
12-31-20157 | 9.48 | 0.10 | (2.37) | (2.27) | (0.16) | — | — | (0.16) | 7.05 | (24.01)4 | 1.305 | 1.295 | 2.135 | —8 | 209 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 10.61 | 0.08 | (0.86) | (0.78) | — | — | — | — | 9.83 | (7.35)4 | 1.055 | 1.045 | 1.575 | 665 | 7 | |||||||||||||||
12-31-2017 | 8.13 | 0.16 | 2.49 | 2.65 | (0.17) | — | — | (0.17) | 10.61 | 32.67 | 1.07 | 1.07 | 1.68 | 724 | 286 | |||||||||||||||
12-31-2016 | 7.03 | 0.12 | 1.15 | 1.27 | (0.17) | — | — | (0.17) | 8.13 | 18.08 | 1.07 | 1.06 | 1.67 | 608 | 22 | |||||||||||||||
12-31-20157 | 8.90 | 0.14 | (1.83) | (1.69) | (0.18) | — | — | (0.18) | 7.03 | (19.05) | 1.05 | 1.04 | 1.72 | 660 | 20 | |||||||||||||||
12-31-2014 | 9.90 | 0.17 | (0.63) | (0.46) | (0.19) | (0.35) | — | (0.54) | 8.90 | (5.36) | 1.08 | 1.07 | 1.70 | 824 | 17 | |||||||||||||||
12-31-2013 | 10.72 | 0.14 | (0.47) | (0.33) | (0.13) | (0.36) | — | (0.49) | 9.90 | (3.18) | 1.08 | 1.07 | 1.37 | 1,078 | 9 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes merger activity. 7 The inception date for shares is May 01, 2007. 8 Less than $500,000. 9 Portfolio turnover is shown for the period from 1-1-15 to 12-31-15. |
The accompanying notes are an integral part of the financial statements. | 85 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Equity Income Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 17.50 | 0.18 | (0.26) | (0.08) | — | — | — | — | 17.42 | (0.46)4 | 0.825 | 0.785 | 2.085 | 254 | 10 | |||||||||||||||
12-31-2017 | 16.67 | 0.32 | 2.24 | 2.56 | (0.39) | (1.34) | — | (1.73) | 17.50 | 16.29 | 0.82 | 0.78 | 1.88 | 276 | 21 | |||||||||||||||
12-31-2016 | 15.79 | 0.42 | 2.47 | 2.89 | (0.36) | (1.65) | — | (2.01) | 16.67 | 19.12 | 0.816 | 0.776 | 2.59 | 272 | 28 | |||||||||||||||
12-31-2015 | 19.16 | 0.34 | (1.70) | (1.36) | (0.34) | (1.67) | — | (2.01) | 15.79 | (6.75) | 0.87 | 0.83 | 1.91 | 262 | 34 | |||||||||||||||
12-31-2014 | 19.82 | 0.36 | 1.09 | 1.45 | (0.35) | (1.76) | — | (2.11) | 19.16 | 7.47 | 0.86 | 0.83 | 1.81 | 326 | 9 | |||||||||||||||
12-31-2013 | 15.53 | 0.29 | 4.35 | 4.64 | (0.35) | — | — | (0.35) | 19.82 | 29.96 | 0.87 | 0.83 | 1.63 | 348 | 9 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 17.42 | 0.16 | (0.25) | (0.09) | — | — | — | — | 17.33 | (0.52)4 | 1.025 | 0.985 | 1.885 | 130 | 10 | |||||||||||||||
12-31-2017 | 16.61 | 0.29 | 2.21 | 2.50 | (0.35) | (1.34) | — | (1.69) | 17.42 | 16.00 | 1.02 | 0.98 | 1.68 | 145 | 21 | |||||||||||||||
12-31-2016 | 15.74 | 0.38 | 2.46 | 2.84 | (0.32) | (1.65) | — | (1.97) | 16.61 | 18.91 | 1.016 | 0.976 | 2.39 | 148 | 28 | |||||||||||||||
12-31-2015 | 19.10 | 0.31 | (1.70) | (1.39) | (0.30) | (1.67) | — | (1.97) | 15.74 | (6.91) | 1.07 | 1.03 | 1.71 | 138 | 34 | |||||||||||||||
12-31-2014 | 19.77 | 0.32 | 1.09 | 1.41 | (0.32) | (1.76) | — | (2.08) | 19.10 | 7.23 | 1.06 | 1.03 | 1.62 | 172 | 9 | |||||||||||||||
12-31-2013 | 15.49 | 0.26 | 4.34 | 4.60 | (0.32) | — | — | (0.32) | 19.77 | 29.75 | 1.07 | 1.03 | 1.43 | 193 | 9 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 17.42 | 0.19 | (0.26) | (0.07) | — | — | — | — | 17.35 | (0.40)4 | 0.775 | 0.735 | 2.145 | 1,361 | 10 | |||||||||||||||
12-31-2017 | 16.61 | 0.33 | 2.22 | 2.55 | (0.40) | (1.34) | — | (1.74) | 17.42 | 16.28 | 0.77 | 0.73 | 1.93 | 1,393 | 21 | |||||||||||||||
12-31-2016 | 15.74 | 0.42 | 2.46 | 2.88 | (0.36) | (1.65) | — | (2.01) | 16.61 | 19.18 | 0.766 | 0.726 | 2.63 | 1,400 | 28 | |||||||||||||||
12-31-2015 | 19.10 | 0.35 | (1.70) | (1.35) | (0.34) | (1.67) | — | (2.01) | 15.74 | (6.66) | 0.82 | 0.78 | 1.97 | 1,270 | 34 | |||||||||||||||
12-31-2014 | 19.76 | 0.37 | 1.09 | 1.46 | (0.36) | (1.76) | — | (2.12) | 19.10 | 7.55 | 0.81 | 0.78 | 1.87 | 1,489 | 9 | |||||||||||||||
12-31-2013 | 15.48 | 0.30 | 4.34 | 4.64 | (0.36) | — | — | (0.36) | 19.76 | 30.05 | 0.82 | 0.78 | 1.68 | 1,579 | 9 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.03%. | ||||||||||||||||||||||||||||||
Financial Industries Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 14.99 | 0.12 | (0.15) | (0.03) | — | — | — | — | 14.96 | (0.20)4 | 0.885 | 0.875 | 1.535 | 156 | 16 | |||||||||||||||
12-31-2017 | 13.16 | 0.17 | 1.83 | 2.00 | (0.17) | — | — | (0.17) | 14.99 | 15.28 | 0.88 | 0.87 | 1.20 | 170 | 42 | |||||||||||||||
12-31-2016 | 11.18 | 0.18 | 1.97 | 2.15 | (0.17) | — | — | (0.17) | 13.16 | 19.37 | 0.88 | 0.87 | 1.66 | 162 | 45 | |||||||||||||||
12-31-2015 | 17.10 | 0.23 | (0.75) | (0.52) | (0.13) | (5.27) | — | (5.40) | 11.18 | (2.65) | 0.87 | 0.87 | 1.58 | 126 | 27 | |||||||||||||||
12-31-2014 | 15.85 | 0.15 | 1.22 | 1.37 | (0.12) | — | — | (0.12) | 17.10 | 8.65 | 0.93 | 0.93 | 0.95 | 132 | 113 | |||||||||||||||
12-31-2013 | 12.32 | 0.11 | 3.67 | 3.78 | (0.10) | (0.15) | — | (0.25) | 15.85 | 30.75 | 0.91 | 0.90 | 0.78 | 132 | 3 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 14.88 | 0.10 | (0.14) | (0.04) | — | — | — | — | 14.84 | (0.27)4 | 1.085 | 1.075 | 1.325 | 18 | 16 | |||||||||||||||
12-31-2017 | 13.07 | 0.14 | 1.81 | 1.95 | (0.14) | — | — | (0.14) | 14.88 | 15.02 | 1.08 | 1.07 | 0.99 | 19 | 42 | |||||||||||||||
12-31-2016 | 11.10 | 0.16 | 1.96 | 2.12 | (0.15) | — | — | (0.15) | 13.07 | 19.21 | 1.08 | 1.07 | 1.48 | 21 | 45 | |||||||||||||||
12-31-2015 | 17.02 | 0.20 | (0.75) | (0.55) | (0.10) | (5.27) | — | (5.37) | 11.10 | (2.88) | 1.07 | 1.07 | 1.39 | 19 | 27 | |||||||||||||||
12-31-2014 | 15.78 | 0.12 | 1.21 | 1.33 | (0.09) | — | — | (0.09) | 17.02 | 8.42 | 1.13 | 1.13 | 0.75 | 23 | 113 | |||||||||||||||
12-31-2013 | 12.27 | 0.09 | 3.64 | 3.73 | (0.07) | (0.15) | — | (0.22) | 15.78 | 30.49 | 1.11 | 1.10 | 0.60 | 27 | 3 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 14.95 | 0.12 | (0.15) | (0.03) | — | — | — | — | 14.92 | (0.20)4 | 0.835 | 0.825 | 1.585 | 47 | 16 | |||||||||||||||
12-31-2017 | 13.13 | 0.17 | 1.83 | 2.00 | (0.18) | — | — | (0.18) | 14.95 | 15.29 | 0.83 | 0.82 | 1.25 | 48 | 42 | |||||||||||||||
12-31-2016 | 11.15 | 0.19 | 1.96 | 2.15 | (0.17) | — | — | (0.17) | 13.13 | 19.47 | 0.83 | 0.82 | 1.72 | 26 | 45 | |||||||||||||||
12-31-2015 | 17.07 | 0.24 | (0.75) | (0.51) | (0.14) | (5.27) | — | (5.41) | 11.15 | (2.58) | 0.82 | 0.82 | 1.63 | 22 | 27 | |||||||||||||||
12-31-2014 | 15.83 | 0.16 | 1.21 | 1.37 | (0.13) | — | — | (0.13) | 17.07 | 8.64 | 0.88 | 0.88 | 1.00 | 22 | 113 | |||||||||||||||
12-31-2013 | 12.30 | 0.12 | 3.66 | 3.78 | (0.10) | (0.15) | — | (0.25) | 15.83 | 30.86 | 0.86 | 0.85 | 0.84 | 24 | 3 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. |
The accompanying notes are an integral part of the financial statements. | 86 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Fundamental All Cap Core Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 25.83 | 0.04 | 0.90 | 0.94 | — | — | — | — | 26.77 | 3.644 | 0.765 | 0.755 | 0.325 | 162 | 5 | |||||||||||||||
12-31-2017 | 20.89 | 0.11 | 5.58 | 5.69 | (0.18) | (0.57) | — | (0.75) | 25.83 | 27.70 | 0.76 | 0.76 | 0.46 | 172 | 42 | |||||||||||||||
12-31-2016 | 22.30 | 0.15 | 1.58 | 1.73 | (0.12) | (3.02) | — | (3.14) | 20.89 | 8.34 | 0.75 | 0.75 | 0.73 | 146 | 26 | |||||||||||||||
12-31-2015 | 22.53 | 0.07 | 0.80 | 0.87 | — | (1.10) | — | (1.10) | 22.30 | 4.01 | 0.76 | 0.75 | 0.30 | 168 | 49 | |||||||||||||||
12-31-2014 | 20.61 | 0.066 | 1.95 | 2.01 | (0.09) | — | — | (0.09) | 22.53 | 9.74 | 0.76 | 0.75 | 0.286 | 156 | 46 | |||||||||||||||
12-31-2013 | 15.30 | 0.11 | 5.37 | 5.48 | (0.17) | — | — | (0.17) | 20.61 | 35.88 | 0.76 | 0.76 | 0.60 | 159 | 41 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 25.77 | 0.02 | 0.89 | 0.91 | — | — | — | — | 26.68 | 3.534 | 0.965 | 0.955 | 0.125 | 53 | 5 | |||||||||||||||
12-31-2017 | 20.84 | 0.06 | 5.58 | 5.64 | (0.14) | (0.57) | — | (0.71) | 25.77 | 27.43 | 0.96 | 0.96 | 0.27 | 54 | 42 | |||||||||||||||
12-31-2016 | 22.23 | 0.11 | 1.56 | 1.67 | (0.04) | (3.02) | — | (3.06) | 20.84 | 8.12 | 0.95 | 0.95 | 0.53 | 49 | 26 | |||||||||||||||
12-31-2015 | 22.50 | 0.02 | 0.81 | 0.83 | — | (1.10) | — | (1.10) | 22.23 | 3.83 | 0.96 | 0.95 | 0.10 | 52 | 49 | |||||||||||||||
12-31-2014 | 20.58 | 0.026 | 1.95 | 1.97 | (0.05) | — | — | (0.05) | 22.50 | 9.56 | 0.96 | 0.95 | 0.086 | 59 | 46 | |||||||||||||||
12-31-2013 | 15.29 | 0.07 | 5.36 | 5.43 | (0.14) | — | — | (0.14) | 20.58 | 35.55 | 0.96 | 0.96 | 0.40 | 69 | 41 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 25.96 | 0.05 | 0.90 | 0.95 | — | — | — | — | 26.91 | 3.664 | 0.715 | 0.705 | 0.375 | 1,670 | 5 | |||||||||||||||
12-31-2017 | 20.98 | 0.12 | 5.62 | 5.74 | (0.19) | (0.57) | — | (0.76) | 25.96 | 27.77 | 0.71 | 0.71 | 0.51 | 1,662 | 42 | |||||||||||||||
12-31-2016 | 22.40 | 0.16 | 1.58 | 1.74 | (0.14) | (3.02) | — | (3.16) | 20.98 | 8.40 | 0.71 | 0.70 | 0.78 | 1,403 | 26 | |||||||||||||||
12-31-2015 | 22.61 | 0.08 | 0.81 | 0.89 | — | (1.10) | — | (1.10) | 22.40 | 4.09 | 0.71 | 0.70 | 0.35 | 1,406 | 49 | |||||||||||||||
12-31-2014 | 20.68 | 0.076 | 1.96 | 2.03 | (0.10) | — | — | (0.10) | 22.61 | 9.81 | 0.71 | 0.70 | 0.336 | 1,449 | 46 | |||||||||||||||
12-31-2013 | 15.36 | 0.11 | 5.39 | 5.50 | (0.18) | — | — | (0.18) | 20.68 | 35.86 | 0.71 | 0.71 | 0.64 | 1,433 | 41 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.21 and 0.05%, respectively. | ||||||||||||||||||||||||||||||
Fundamental Large Cap Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 21.36 | 0.13 | (0.84) | (0.71) | — | — | — | — | 20.65 | (3.32)4 | 0.745 | 0.735 | 1.245 | 468 | 12 | |||||||||||||||
12-31-2017 | 18.49 | 0.23 | 2.97 | 3.20 | (0.33) | — | — | (0.33) | 21.36 | 17.43 | 0.74 | 0.73 | 1.19 | 525 | 30 | |||||||||||||||
12-31-2016 | 17.15 | 0.25 | 1.48 | 1.73 | (0.39) | — | — | (0.39) | 18.49 | 10.17 | 0.71 | 0.70 | 1.47 | 541 | 28 | |||||||||||||||
12-31-2015 | 17.52 | 0.20 | (0.39) | (0.19) | (0.18) | — | — | (0.18) | 17.15 | (1.11) | 0.71 | 0.70 | 1.15 | 562 | 9 | |||||||||||||||
12-31-2014 | 15.94 | 0.17 | 1.52 | 1.69 | (0.11) | — | — | (0.11) | 17.52 | 10.61 | 0.71 | 0.70 | 1.03 | 621 | 296 | |||||||||||||||
12-31-2013 | 12.18 | 0.17 | 3.77 | 3.94 | (0.18) | — | — | (0.18) | 15.94 | 32.41 | 0.74 | 0.74 | 1.17 | 273 | 406 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 21.51 | 0.11 | (0.85) | (0.74) | — | — | — | — | 20.77 | (3.44)4 | 0.945 | 0.935 | 1.045 | 182 | 12 | |||||||||||||||
12-31-2017 | 18.61 | 0.20 | 2.99 | 3.19 | (0.29) | — | — | (0.29) | 21.51 | 17.20 | 0.94 | 0.93 | 0.99 | 205 | 30 | |||||||||||||||
12-31-2016 | 17.27 | 0.21 | 1.49 | 1.70 | (0.36) | — | — | (0.36) | 18.61 | 9.96 | 0.91 | 0.90 | 1.27 | 207 | 28 | |||||||||||||||
12-31-2015 | 17.64 | 0.17 | (0.40) | (0.23) | (0.14) | — | — | (0.14) | 17.27 | (1.30) | 0.91 | 0.90 | 0.95 | 220 | 9 | |||||||||||||||
12-31-2014 | 16.05 | 0.13 | 1.54 | 1.67 | (0.08) | — | — | (0.08) | 17.64 | 10.40 | 0.91 | 0.90 | 0.74 | 268 | 296 | |||||||||||||||
12-31-2013 | 12.27 | 0.14 | 3.79 | 3.93 | (0.15) | — | — | (0.15) | 16.05 | 32.11 | 0.94 | 0.94 | 0.99 | 44 | 406 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 21.37 | 0.14 | (0.85) | (0.71) | — | — | — | — | 20.66 | (3.32)4 | 0.695 | 0.685 | 1.295 | 89 | 12 | |||||||||||||||
12-31-2017 | 18.49 | 0.24 | 2.98 | 3.22 | (0.34) | — | — | (0.34) | 21.37 | 17.54 | 0.69 | 0.68 | 1.23 | 92 | 30 | |||||||||||||||
12-31-2016 | 17.15 | 0.25 | 1.49 | 1.74 | (0.40) | — | — | (0.40) | 18.49 | 10.22 | 0.65 | 0.65 | 1.48 | 83 | 28 | |||||||||||||||
12-31-2015 | 17.52 | 0.21 | (0.39) | (0.18) | (0.19) | — | — | (0.19) | 17.15 | (1.06) | 0.66 | 0.65 | 1.20 | 780 | 9 | |||||||||||||||
12-31-2014 | 15.94 | 0.19 | 1.51 | 1.70 | (0.12) | — | — | (0.12) | 17.52 | 10.66 | 0.66 | 0.65 | 1.12 | 903 | 296 | |||||||||||||||
12-31-2013 | 12.18 | 0.18 | 3.77 | 3.95 | (0.19) | — | — | (0.19) | 15.94 | 32.47 | 0.69 | 0.69 | 1.28 | 779 | 406 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes merger activity. |
The accompanying notes are an integral part of the financial statements. | 87 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Global Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 21.93 | 0.28 | (0.76) | (0.48) | — | — | — | — | 21.45 | (2.10)4 | 0.955 | 0.935 | 2.585 | 138 | 16 | |||||||||||||||
12-31-2017 | 18.78 | 0.41 | 3.14 | 3.55 | (0.40) | — | — | (0.40) | 21.93 | 18.88 | 0.96 | 0.94 | 2.00 | 148 | 28 | |||||||||||||||
12-31-2016 | 17.95 | 0.34 | 1.33 | 1.67 | (0.84) | — | — | (0.84) | 18.78 | 9.47 | 0.896 | 0.876 | 1.87 | 142 | 23 | |||||||||||||||
12-31-2015 | 19.58 | 0.35 | (1.60) | (1.25) | (0.38) | — | — | (0.38) | 17.95 | (6.42) | 0.93 | 0.91 | 1.79 | 147 | 23 | |||||||||||||||
12-31-2014 | 20.50 | 0.477 | (0.99) | (0.52) | (0.40) | — | — | (0.40) | 19.58 | (2.60) | 0.95 | 0.94 | 2.277 | 180 | 178 | |||||||||||||||
12-31-2013 | 15.86 | 0.26 | 4.66 | 4.92 | (0.28) | — | — | (0.28) | 20.50 | 31.09 | 0.96 | 0.95 | 1.45 | 176 | 14 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 21.83 | 0.26 | (0.76) | (0.50) | — | — | — | — | 21.33 | (2.20)4 | 1.155 | 1.135 | 2.375 | 40 | 16 | |||||||||||||||
12-31-2017 | 18.70 | 0.39 | 3.10 | 3.49 | (0.36) | — | — | (0.36) | 21.83 | 18.63 | 1.16 | 1.14 | 1.80 | 44 | 28 | |||||||||||||||
12-31-2016 | 17.88 | 0.30 | 1.33 | 1.63 | (0.81) | — | — | (0.81) | 18.70 | 9.24 | 1.096 | 1.076 | 1.67 | 43 | 23 | |||||||||||||||
12-31-2015 | 19.51 | 0.31 | (1.59) | (1.28) | (0.35) | — | — | (0.35) | 17.88 | (6.61) | 1.13 | 1.11 | 1.61 | 46 | 23 | |||||||||||||||
12-31-2014 | 20.43 | 0.417 | (0.97) | (0.56) | (0.36) | — | — | (0.36) | 19.51 | (2.80) | 1.15 | 1.14 | 1.977 | 62 | 178 | |||||||||||||||
12-31-2013 | 15.81 | 0.22 | 4.65 | 4.87 | (0.25) | — | — | (0.25) | 20.43 | 30.83 | 1.16 | 1.15 | 1.23 | 34 | 14 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 21.90 | 0.29 | (0.76) | (0.47) | — | — | — | — | 21.43 | (2.06)4 | 0.905 | 0.885 | 2.625 | 45 | 16 | |||||||||||||||
12-31-2017 | 18.76 | 0.42 | 3.13 | 3.55 | (0.41) | — | — | (0.41) | 21.90 | 18.90 | 0.91 | 0.89 | 2.05 | 48 | 28 | |||||||||||||||
12-31-2016 | 17.94 | 0.40 | 1.27 | 1.67 | (0.85) | — | — | (0.85) | 18.76 | 9.47 | 0.846 | 0.836 | 2.24 | 42 | 23 | |||||||||||||||
12-31-2015 | 19.56 | 0.36 | (1.59) | (1.23) | (0.39) | — | — | (0.39) | 17.94 | (6.34) | 0.88 | 0.86 | 1.83 | 390 | 23 | |||||||||||||||
12-31-2014 | 20.47 | 0.487 | (0.98) | (0.50) | (0.41) | — | — | (0.41) | 19.56 | (2.51) | 0.90 | 0.89 | 2.317 | 474 | 178 | |||||||||||||||
12-31-2013 | 15.85 | 0.27 | 4.64 | 4.91 | (0.29) | — | — | (0.29) | 20.47 | 31.03 | 0.91 | 0.90 | 1.50 | 470 | 14 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.04%. 7 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.08 and 0.37%, respectively. 8 Excludes merger activity. | ||||||||||||||||||||||||||||||
Health Sciences Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 25.03 | (0.04) | 1.96 | 1.92 | — | — | — | — | 26.95 | 7.674 | 1.155 | 1.095 | (0.29)5 | 109 | 24 | |||||||||||||||
12-31-2017 | 21.83 | (0.08) | 5.91 | 5.83 | — | (2.63) | — | (2.63) | 25.03 | 27.51 | 1.16 | 1.10 | (0.31) | 107 | 39 | |||||||||||||||
12-31-2016 | 31.92 | (0.09) | (3.02) | (3.11) | (0.02) | (6.96) | — | (6.98) | 21.83 | (10.57) | 1.106 | 1.046 | (0.34) | 94 | 27 | |||||||||||||||
12-31-2015 | 33.55 | 0.03 | 4.30 | 4.33 | — | (5.96) | — | (5.96) | 31.92 | 12.69 | 1.07 | 1.02 | 0.09 | 146 | 43 | |||||||||||||||
12-31-2014 | 29.19 | (0.16) | 8.98 | 8.82 | — | (4.46) | — | (4.46) | 33.55 | 31.83 | 1.07 | 1.02 | (0.51) | 135 | 50 | |||||||||||||||
12-31-2013 | 20.98 | (0.14) | 10.72 | 10.58 | — | (2.37) | — | (2.37) | 29.19 | 51.15 | 1.16 | 1.10 | (0.54) | 106 | 57 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 23.26 | (0.06) | 1.82 | 1.76 | — | — | — | — | 25.02 | 7.574 | 1.355 | 1.295 | (0.48)5 | 76 | 24 | |||||||||||||||
12-31-2017 | 20.48 | (0.12) | 5.53 | 5.41 | — | (2.63) | — | (2.63) | 23.26 | 27.26 | 1.36 | 1.30 | (0.51) | 75 | 39 | |||||||||||||||
12-31-2016 | 30.45 | (0.14) | (2.87) | (3.01) | — | (6.96) | — | (6.96) | 20.48 | (10.77) | 1.306 | 1.246 | (0.54) | 71 | 27 | |||||||||||||||
12-31-2015 | 32.30 | (0.03) | 4.14 | 4.11 | — | (5.96) | — | (5.96) | 30.45 | 12.49 | 1.27 | 1.22 | (0.10) | 102 | 43 | |||||||||||||||
12-31-2014 | 28.30 | (0.22) | 8.68 | 8.46 | — | (4.46) | — | (4.46) | 32.30 | 31.54 | 1.27 | 1.22 | (0.71) | 103 | 50 | |||||||||||||||
12-31-2013 | 20.43 | (0.19) | 10.43 | 10.24 | — | (2.37) | — | (2.37) | 28.30 | 50.86 | 1.36 | 1.30 | (0.74) | 91 | 57 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 25.37 | (0.03) | 1.98 | 1.95 | — | — | — | — | 27.32 | 7.694 | 1.105 | 1.045 | (0.24)5 | 114 | 24 | |||||||||||||||
12-31-2017 | 22.09 | (0.07) | 5.98 | 5.91 | — | (2.63) | — | (2.63) | 25.37 | 27.61 | 1.11 | 1.05 | (0.26) | 108 | 39 | |||||||||||||||
12-31-2016 | 32.20 | (0.08) | (3.04) | (3.12) | (0.03) | (6.96) | — | (6.99) | 22.09 | (10.54) | 1.066 | 0.996 | (0.29) | 96 | 27 | |||||||||||||||
12-31-2015 | 33.78 | 0.05 | 4.33 | 4.38 | — | (5.96) | — | (5.96) | 32.20 | 12.76 | 1.02 | 0.97 | 0.13 | 118 | 43 | |||||||||||||||
12-31-2014 | 29.36 | (0.15) | 9.03 | 8.88 | — | (4.46) | — | (4.46) | 33.78 | 31.85 | 1.02 | 0.97 | (0.46) | 101 | 50 | |||||||||||||||
12-31-2013 | 21.08 | (0.13) | 10.78 | 10.65 | — | (2.37) | — | (2.37) | 29.36 | 51.24 | 1.11 | 1.05 | (0.49) | 73 | 57 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.05%. |
The accompanying notes are an integral part of the financial statements. | 88 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
International Equity Index Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 18.44 | 0.304 | (0.98) | (0.68) | — | — | — | — | 17.76 | (3.69)5 | 0.666 | 0.396 | 3.234,6 | 391 | 1 | |||||||||||||||
12-31-2017 | 14.79 | 0.40 | 3.63 | 4.03 | (0.38) | — | — | (0.38) | 18.44 | 27.30 | 0.68 | 0.39 | 2.33 | 399 | 3 | |||||||||||||||
12-31-2016 | 14.54 | 0.39 | 0.25 | 0.64 | (0.39) | — | — | (0.39) | 14.79 | 4.45 | 0.657 | 0.397 | 2.65 | 277 | 5 | |||||||||||||||
12-31-2015 | 15.85 | 0.39 | (1.32) | (0.93) | (0.38) | — | — | (0.38) | 14.54 | (5.91) | 0.66 | 0.39 | 2.42 | 263 | 4 | |||||||||||||||
12-31-2014 | 17.14 | 0.528 | (1.28) | (0.76) | (0.53) | — | — | (0.53) | 15.85 | (4.61) | 0.62 | 0.39 | 3.038 | 277 | 3 | |||||||||||||||
12-31-2013 | 15.32 | 0.42 | 1.80 | 2.22 | (0.40) | — | — | (0.40) | 17.14 | 14.55 | 0.61 | 0.39 | 2.59 | 293 | 3 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 18.46 | 0.284 | (0.98) | (0.70) | — | — | — | — | 17.76 | (3.79)5 | 0.866 | 0.596 | 3.014,6 | 17 | 1 | |||||||||||||||
12-31-2017 | 14.81 | 0.36 | 3.63 | 3.99 | (0.34) | — | — | (0.34) | 18.46 | 27.04 | 0.88 | 0.59 | 2.14 | 18 | 3 | |||||||||||||||
12-31-2016 | 14.56 | 0.36 | 0.25 | 0.61 | (0.36) | — | — | (0.36) | 14.81 | 4.24 | 0.857 | 0.597 | 2.47 | 14 | 5 | |||||||||||||||
12-31-2015 | 15.87 | 0.36 | (1.32) | (0.96) | (0.35) | — | — | (0.35) | 14.56 | (6.11) | 0.86 | 0.59 | 2.25 | 16 | 4 | |||||||||||||||
12-31-2014 | 17.16 | 0.508 | (1.30) | (0.80) | (0.49) | — | — | (0.49) | 15.87 | (4.80) | 0.82 | 0.59 | 2.888 | 21 | 3 | |||||||||||||||
12-31-2013 | 15.34 | 0.39 | 1.80 | 2.19 | (0.37) | — | — | (0.37) | 17.16 | 14.32 | 0.81 | 0.59 | 2.43 | 27 | 3 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 18.44 | 0.304 | (0.98) | (0.68) | — | — | — | — | 17.76 | (3.69)5 | 0.616 | 0.346 | 3.274,6 | 363 | 1 | |||||||||||||||
12-31-2017 | 14.78 | 0.41 | 3.63 | 4.04 | (0.38) | — | — | (0.38) | 18.44 | 27.45 | 0.63 | 0.34 | 2.39 | 377 | 3 | |||||||||||||||
12-31-2016 | 14.54 | 0.39 | 0.25 | 0.64 | (0.40) | — | — | (0.40) | 14.78 | 4.43 | 0.607 | 0.347 | 2.70 | 298 | 5 | |||||||||||||||
12-31-2015 | 15.84 | 0.39 | (1.30) | (0.91) | (0.39) | — | — | (0.39) | 14.54 | (5.80) | 0.61 | 0.34 | 2.46 | 293 | 4 | |||||||||||||||
12-31-2014 | 17.13 | 0.548 | (1.29) | (0.75) | (0.54) | — | — | (0.54) | 15.84 | (4.57) | 0.57 | 0.34 | 3.138 | 322 | 3 | |||||||||||||||
12-31-2013 | 15.32 | 0.43 | 1.79 | 2.22 | (0.41) | — | — | (0.41) | 17.13 | 14.54 | 0.56 | 0.34 | 2.65 | 373 | 3 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Includes reimbursement for overbilling of custody expenses in prior years of 0.04%. 8 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.03 and 0.33%, respectively. | ||||||||||||||||||||||||||||||
International Growth Stock Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 18.55 | 0.224 | (1.32) | (1.10) | — | — | — | — | 17.45 | (5.93)5 | 0.926 | 0.916 | 2.424,6 | 5 | 22 | |||||||||||||||
12-31-2017 | 15.43 | 0.24 | 3.13 | 3.37 | (0.25) | — | — | (0.25) | 18.55 | 21.86 | 0.93 | 0.92 | 1.35 | 6 | 28 | |||||||||||||||
12-31-2016 | 15.91 | 0.25 | (0.46) | (0.21) | (0.27) | — | — | (0.27) | 15.43 | (1.31) | 0.91 | 0.91 | 1.57 | 4 | 14 | |||||||||||||||
12-31-2015 | 16.58 | 0.23 | (0.61) | (0.38) | (0.29) | — | — | (0.29) | 15.91 | (2.27) | 0.92 | 0.91 | 1.36 | 3 | 22 | |||||||||||||||
12-31-2014 | 16.85 | 0.28 | (0.23) | 0.05 | (0.32) | — | — | (0.32) | 16.58 | 0.20 | 0.97 | 0.97 | 1.65 | 2 | 23 | |||||||||||||||
12-31-2013 | 14.31 | 0.22 | 2.51 | 2.73 | (0.19) | — | — | (0.19) | 16.85 | 19.11 | 0.97 | 0.97 | 1.40 | 3 | 29 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 18.56 | 0.214 | (1.33) | (1.12) | — | — | — | — | 17.44 | (6.03)5 | 1.126 | 1.116 | 2.274,6 | 18 | 22 | |||||||||||||||
12-31-2017 | 15.44 | 0.20 | 3.13 | 3.33 | (0.21) | — | — | (0.21) | 18.56 | 21.63 | 1.13 | 1.12 | 1.17 | 20 | 28 | |||||||||||||||
12-31-2016 | 15.91 | 0.22 | (0.45) | (0.23) | (0.24) | — | — | (0.24) | 15.44 | (1.45) | 1.11 | 1.10 | 1.38 | 18 | 14 | |||||||||||||||
12-31-2015 | 16.60 | 0.21 | (0.63) | (0.42) | (0.27) | — | — | (0.27) | 15.91 | (2.53) | 1.12 | 1.11 | 1.26 | 20 | 22 | |||||||||||||||
12-31-2014 | 16.87 | 0.25 | (0.24) | 0.01 | (0.28) | — | — | (0.28) | 16.60 | 0.00 | 1.17 | 1.17 | 1.44 | 21 | 23 | |||||||||||||||
12-31-2013 | 14.33 | 0.19 | 2.51 | 2.70 | (0.16) | — | — | (0.16) | 16.87 | 18.87 | 1.17 | 1.17 | 1.23 | 23 | 29 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 18.56 | 0.234 | (1.33) | (1.10) | — | — | — | — | 17.46 | (5.93)5 | 0.876 | 0.866 | 2.504,6 | 341 | 22 | |||||||||||||||
12-31-2017 | 15.44 | 0.25 | 3.12 | 3.37 | (0.25) | — | — | (0.25) | 18.56 | 21.90 | 0.88 | 0.87 | 1.42 | 370 | 28 | |||||||||||||||
12-31-2016 | 15.91 | 0.25 | (0.44) | (0.19) | (0.28) | — | — | (0.28) | 15.44 | (1.20) | 0.86 | 0.85 | 1.61 | 351 | 14 | |||||||||||||||
12-31-2015 | 16.58 | 0.25 | (0.62) | (0.37) | (0.30) | — | — | (0.30) | 15.91 | (2.24) | 0.87 | 0.86 | 1.52 | 395 | 22 | |||||||||||||||
12-31-2014 | 16.86 | 0.29 | (0.25) | 0.04 | (0.32) | — | — | (0.32) | 16.58 | 0.19 | 0.92 | 0.92 | 1.70 | 479 | 23 | |||||||||||||||
12-31-2013 | 14.31 | 0.23 | 2.51 | 2.74 | (0.19) | — | — | (0.19) | 16.86 | 19.19 | 0.92 | 0.92 | 1.47 | 550 | 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 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the portfolio invests. 5 Not annualized. 6 Annualized. |
The accompanying notes are an integral part of the financial statements. | 89 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
International Small Company Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 15.95 | 0.16 | (0.63) | (0.47) | — | — | — | — | 15.48 | (2.70)4 | 1.155 | 1.145 | 2.075 | 33 | 10 | |||||||||||||||
12-31-2017 | 12.46 | 0.20 | 3.50 | 3.70 | (0.21) | — | — | (0.21) | 15.95 | 29.46 | 1.18 | 1.17 | 1.42 | 38 | 14 | |||||||||||||||
12-31-2016 | 12.11 | 0.24 | 0.35 | 0.59 | (0.24) | — | — | (0.24) | 12.46 | 4.90 | 0.916 | 0.906 | 1.96 | 32 | 12 | |||||||||||||||
12-31-2015 | 11.58 | 0.17 | 0.58 | 0.75 | (0.22) | — | — | (0.22) | 12.11 | 6.54 | 1.22 | 1.22 | 1.40 | 34 | 17 | |||||||||||||||
12-31-2014 | 12.61 | 0.18 | (1.04) | (0.86) | (0.17) | — | — | (0.17) | 11.58 | (6.89) | 1.19 | 1.18 | 1.46 | 37 | 20 | |||||||||||||||
12-31-2013 | 10.15 | 0.18 | 2.49 | 2.67 | (0.21) | — | — | (0.21) | 12.61 | 26.34 | 1.17 | 1.17 | 1.61 | 46 | 10 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 15.93 | 0.15 | (0.63) | (0.48) | — | — | — | — | 15.45 | (2.77)4 | 1.355 | 1.345 | 1.875 | 19 | 10 | |||||||||||||||
12-31-2017 | 12.45 | 0.18 | 3.48 | 3.66 | (0.18) | — | — | (0.18) | 15.93 | 29.17 | 1.38 | 1.37 | 1.22 | 21 | 14 | |||||||||||||||
12-31-2016 | 12.10 | 0.22 | 0.35 | 0.57 | (0.22) | — | — | (0.22) | 12.45 | 4.70 | 1.126 | 1.116 | 1.79 | 18 | 12 | |||||||||||||||
12-31-2015 | 11.57 | 0.15 | 0.59 | 0.74 | (0.21) | — | — | (0.21) | 12.10 | 6.39 | 1.42 | 1.42 | 1.21 | 20 | 17 | |||||||||||||||
12-31-2014 | 12.60 | 0.16 | (1.04) | (0.88) | (0.15) | — | — | (0.15) | 11.57 | (7.10) | 1.39 | 1.38 | 1.26 | 21 | 20 | |||||||||||||||
12-31-2013 | 10.15 | 0.16 | 2.48 | 2.64 | (0.19) | — | — | (0.19) | 12.60 | 26.02 | 1.37 | 1.37 | 1.42 | 28 | 10 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 15.96 | 0.17 | (0.63) | (0.46) | — | — | — | — | 15.50 | (2.64)4 | 1.105 | 1.095 | 2.145 | 87 | 10 | |||||||||||||||
12-31-2017 | 12.46 | 0.21 | 3.50 | 3.71 | (0.21) | — | — | (0.21) | 15.96 | 29.60 | 1.13 | 1.12 | 1.42 | 93 | 14 | |||||||||||||||
12-31-2016 | 12.11 | 0.24 | 0.36 | 0.60 | (0.25) | — | — | (0.25) | 12.46 | 4.95 | 0.876 | 0.866 | 2.00 | 58 | 12 | |||||||||||||||
12-31-2015 | 11.57 | 0.18 | 0.59 | 0.77 | (0.23) | — | — | (0.23) | 12.11 | 6.68 | 1.17 | 1.17 | 1.43 | 53 | 17 | |||||||||||||||
12-31-2014 | 12.60 | 0.18 | (1.03) | (0.85) | (0.18) | — | — | (0.18) | 11.57 | (6.85) | 1.14 | 1.13 | 1.44 | 46 | 20 | |||||||||||||||
12-31-2013 | 10.15 | 0.19 | 2.47 | 2.66 | (0.21) | — | — | (0.21) | 12.60 | 26.29 | 1.12 | 1.12 | 1.65 | 44 | 10 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.33%. | ||||||||||||||||||||||||||||||
International Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 14.33 | 0.194 | (0.69) | (0.50) | — | — | — | — | 13.83 | (3.42)5 | 0.916 | 0.906 | 2.714,6 | 102 | 16 | |||||||||||||||
12-31-2017 | 12.45 | 0.25 | 1.89 | 2.14 | (0.26) | — | — | (0.26) | 14.33 | 17.14 | 0.93 | 0.92 | 1.84 | 113 | 27 | |||||||||||||||
12-31-2016 | 11.33 | 0.23 | 1.15 | 1.38 | (0.26) | — | — | (0.26) | 12.45 | 12.24 | 0.767 | 0.757 | 1.95 | 111 | 278 | |||||||||||||||
12-31-2015 | 12.54 | 0.24 | (1.21) | (0.97) | (0.24) | — | — | (0.24) | 11.33 | (7.81) | 0.92 | 0.91 | 1.87 | 77 | 16 | |||||||||||||||
12-31-2014 | 14.78 | 0.429 | (2.24) | (1.82) | (0.42) | — | — | (0.42) | 12.54 | (12.51) | 0.97 | 0.96 | 2.919 | 95 | 34 | |||||||||||||||
12-31-2013 | 11.91 | 0.25 | 2.86 | 3.11 | (0.24) | — | — | (0.24) | 14.78 | 26.15 | 0.97 | 0.97 | 1.88 | 124 | 31 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 14.32 | 0.184 | (0.69) | (0.51) | — | — | — | — | 13.81 | (3.43)5 | 1.116 | 1.106 | 2.504,6 | 62 | 16 | |||||||||||||||
12-31-2017 | 12.44 | 0.23 | 1.88 | 2.11 | (0.23) | — | — | (0.23) | 14.32 | 16.88 | 1.13 | 1.12 | 1.65 | 69 | 27 | |||||||||||||||
12-31-2016 | 11.33 | 0.21 | 1.14 | 1.35 | (0.24) | — | — | (0.24) | 12.44 | 11.94 | 0.957 | 0.947 | 1.83 | 71 | 278 | |||||||||||||||
12-31-2015 | 12.52 | 0.21 | (1.20) | (0.99) | (0.20) | — | — | (0.20) | 11.33 | (7.95) | 1.12 | 1.11 | 1.69 | 59 | 16 | |||||||||||||||
12-31-2014 | 14.75 | 0.409 | (2.24) | (1.84) | (0.39) | — | — | (0.39) | 12.52 | (12.65) | 1.17 | 1.16 | 2.749 | 74 | 34 | |||||||||||||||
12-31-2013 | 11.89 | 0.22 | 2.85 | 3.07 | (0.21) | — | — | (0.21) | 14.75 | 25.89 | 1.17 | 1.17 | 1.69 | 102 | 31 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 14.22 | 0.194 | (0.68) | (0.49) | — | — | — | — | 13.73 | (3.38)5 | 0.866 | 0.856 | 2.764,6 | 636 | 16 | |||||||||||||||
12-31-2017 | 12.35 | 0.26 | 1.87 | 2.13 | (0.26) | — | — | (0.26) | 14.22 | 17.25 | 0.88 | 0.87 | 1.89 | 686 | 27 | |||||||||||||||
12-31-2016 | 11.25 | 0.25 | 1.11 | 1.36 | (0.26) | — | — | (0.26) | 12.35 | 12.20 | 0.697 | 0.687 | 2.16 | 677 | 278 | |||||||||||||||
12-31-2015 | 12.45 | 0.24 | (1.19) | (0.95) | (0.25) | — | — | (0.25) | 11.25 | (7.72) | 0.87 | 0.86 | 1.93 | 685 | 16 | |||||||||||||||
12-31-2014 | 14.68 | 0.439 | (2.24) | (1.81) | (0.42) | — | — | (0.42) | 12.45 | (12.48) | 0.92 | 0.91 | 2.959 | 868 | 34 | |||||||||||||||
12-31-2013 | 11.83 | 0.25 | 2.85 | 3.10 | (0.25) | — | — | (0.25) | 14.68 | 26.21 | 0.92 | 0.92 | 1.90 | 1,044 | 31 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Includes reimbursement for overbilling of custody expenses in prior years of 0.17%. 8 Excludes merger activity. 9 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.09 and 0.65%, respectively. |
The accompanying notes are an integral part of the financial statements. | 90 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | From tax return of capital ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total return (%)2 | Expenses before reduc- tions (%) | Expenses including reduc- tions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | |||||||||||||||||||||
Lifestyle Aggressive Portfolio | ||||||||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 15.14 | 0.014 | 0.11 | 0.12 | — | — | — | — | 15.26 | 0.795 | 0.466,7 | 0.196,7 | 0.094,6 | 4 | 12 | |||||||||||||||||||||
12-31-2017 | 12.81 | 0.204 | 2.57 | 2.77 | (0.24 | ) | (0.20 | ) | — | (0.44 | ) | 15.14 | 21.78 | 0.457 | 0.217 | 1.414 | 4 | 15 | ||||||||||||||||||
12-31-2016 | 12.33 | 0.264 | 0.90 | 1.16 | (0.21 | ) | (0.47 | ) | — | (0.68 | ) | 12.81 | 9.55 | 0.477 | 0.217 | 2.054 | 4 | 9 | ||||||||||||||||||
12-31-2015 | 12.78 | 0.244 | (0.44 | ) | (0.20 | ) | (0.22 | ) | (0.03 | ) | — | (0.25 | ) | 12.33 | (1.56) | 0.457 | 0.227 | 1.894 | 3 | 20 | ||||||||||||||||
12-31-2014 | 12.74 | 0.234 | 0.47 | 0.70 | (0.23 | ) | (0.43 | ) | — | (0.66 | ) | 12.78 | 5.42 | 0.617 | 0.197 | 1.794 | 2 | 38 | ||||||||||||||||||
12-31-20138 | 12.50 | 0.134 | 0.36 | 0.49 | (0.12 | ) | — | (0.13 | ) | (0.25 | ) | 12.74 | 3.915 | 79.526,7 | 0.226,7 | 1.024,5 | —9 | —10 | ||||||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 15.14 | (0.01)4 | 0.11 | 0.10 | — | — | — | — | 15.24 | 0.665 | 0.666,7 | 0.396,7 | (0.11)4,6 | 19 | 12 | |||||||||||||||||||||
12-31-2017 | 12.81 | 0.204 | 2.54 | 2.74 | (0.21 | ) | (0.20 | ) | — | (0.41 | ) | 15.14 | 21.56 | 0.657 | 0.417 | 1.404 | 20 | 15 | ||||||||||||||||||
12-31-2016 | 12.33 | 0.194 | 0.95 | 1.14 | (0.19 | ) | (0.47 | ) | — | (0.66 | ) | 12.81 | 9.35 | 0.677 | 0.417 | 1.554 | 18 | 9 | ||||||||||||||||||
12-31-2015 | 12.78 | 0.194 | (0.41 | ) | (0.22 | ) | (0.20 | ) | (0.03 | ) | — | (0.23 | ) | 12.33 | (1.75) | 0.657 | 0.427 | 1.454 | 17 | 20 | ||||||||||||||||
12-31-2014 | 12.74 | 0.234 | 0.44 | 0.67 | (0.20 | ) | (0.43 | ) | — | (0.63 | ) | 12.78 | 5.21 | 0.817 | 0.397 | 1.774 | 19 | 38 | ||||||||||||||||||
12-31-20138 | 12.50 | 0.124 | 0.36 | 0.48 | (0.11 | ) | — | (0.13 | ) | (0.24 | ) | 12.74 | 3.855 | 79.726,7 | 0.426,7 | 0.974,5 | —9 | —10 | ||||||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 15.14 | 0.014 | 0.11 | 0.12 | — | — | — | — | 15.26 | 0.795 | 0.416,7 | 0.146,7 | 0.194,6 | 10 | 12 | |||||||||||||||||||||
12-31-2017 | 12.81 | 0.284 | 2.49 | 2.77 | (0.24 | ) | (0.20 | ) | — | (0.44 | ) | 15.14 | 21.84 | 0.407 | 0.167 | 1.954 | 7 | 15 | ||||||||||||||||||
12-31-2016 | 12.33 | 0.374 | 0.80 | 1.17 | (0.22 | ) | (0.47 | ) | — | (0.69 | ) | 12.81 | 9.60 | 0.427 | 0.167 | 2.954 | 2 | 9 | ||||||||||||||||||
12-31-2015 | 12.78 | 0.244 | (0.43 | ) | (0.19 | ) | (0.23 | ) | (0.03 | ) | — | (0.26 | ) | 12.33 | (1.51) | 0.407 | 0.177 | 1.894 | 1 | 20 | ||||||||||||||||
12-31-2014 | 12.74 | 0.424 | 0.28 | 0.70 | (0.23 | ) | (0.43 | ) | — | (0.66 | ) | 12.78 | 5.47 | 0.567 | 0.147 | 3.164 | 1 | 38 | ||||||||||||||||||
12-31-20138 | 12.50 | 0.134 | 0.36 | 0.49 | (0.12 | ) | — | (0.13 | ) | (0.25 | ) | 12.74 | 3.925 | 79.476,7 | 0.176,7 | 1.024,5 | —9 | —10 | ||||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.05%–0.53%, 0.06%–0.54%, 0.08%–0.53%, 0.09%–0.53%, 0.53%–0.53% and 0.10%–0.50% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 8 Period from 11-1-13 (commencement of operations) to 12-31-13. 9 Less than $500,000. 10 Less than 1%. | ||||||||||||||||||||||||||||||||||||
Lifestyle Balanced Portfolio | ||||||||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 14.98 | (0.01)4 | (0.03 | ) | (0.04 | ) | — | — | — | — | 14.94 | (0.27)5 | 0.126,7 | 0.126,7 | (0.12)4,6 | 35 | 2 | |||||||||||||||||||
12-31-2017 | 13.78 | 0.334 | 1.36 | 1.69 | (0.33 | ) | (0.16 | ) | — | (0.49 | ) | 14.98 | 12.31 | 0.127 | 0.127 | 2.224 | 35 | 6 | ||||||||||||||||||
12-31-2016 | 13.59 | 0.324 | 0.51 | 0.83 | (0.31 | ) | (0.33 | ) | — | (0.64 | ) | 13.78 | 6.11 | 0.127 | 0.117 | 2.314 | 31 | 11 | ||||||||||||||||||
12-31-2015 | 14.18 | 0.344 | (0.34 | ) | —8 | (0.33 | ) | (0.26 | ) | — | (0.59 | ) | 13.59 | 0.05 | 0.127 | 0.117 | 2.354 | 30 | 9 | |||||||||||||||||
12-31-2014 | 13.95 | 0.424 | 0.41 | 0.83 | (0.34 | ) | (0.26 | ) | — | (0.60 | ) | 14.18 | 5.96 | 0.127 | 0.117 | 2.954 | 28 | 27 | ||||||||||||||||||
12-31-20139 | 13.99 | 0.164 | 0.09 | 0.25 | (0.26 | ) | (0.03 | ) | — | (0.29 | ) | 13.95 | 1.775 | 0.146,7 | 0.126,7 | 1.124,5 | —10 | 3711 | ||||||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 15.01 | (0.02)4 | (0.03 | ) | (0.05 | ) | — | — | — | — | 14.96 | (0.33)5 | 0.326,7 | 0.326,7 | (0.32)4,6 | 889 | 2 | |||||||||||||||||||
12-31-2017 | 13.80 | 0.294 | 1.38 | 1.67 | (0.30 | ) | (0.16 | ) | — | (0.46 | ) | 15.01 | 12.16 | 0.327 | 0.327 | 1.974 | 942 | 6 | ||||||||||||||||||
12-31-2016 | 13.61 | 0.294 | 0.52 | 0.81 | (0.29 | ) | (0.33 | ) | — | (0.62 | ) | 13.80 | 5.89 | 0.327 | 0.317 | 2.064 | 909 | 11 | ||||||||||||||||||
12-31-2015 | 14.21 | 0.304 | (0.33 | ) | (0.03 | ) | (0.31 | ) | (0.26 | ) | — | (0.57 | ) | 13.61 | (0.22) | 0.327 | 0.317 | 2.114 | 901 | 9 | ||||||||||||||||
12-31-2014 | 13.98 | 0.354 | 0.45 | 0.80 | (0.31 | ) | (0.26 | ) | — | (0.57 | ) | 14.21 | 5.74 | 0.327 | 0.317 | 2.484 | 932 | 27 | ||||||||||||||||||
12-31-2013 | 12.92 | 0.254 | 1.38 | 1.63 | (0.23 | ) | (0.34 | ) | — | (0.57 | ) | 13.98 | 12.68 | 0.357 | 0.347 | 1.794 | 213 | 37 | ||||||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||||||||
6-30-20183 | 14.97 | —4,8 | (0.04 | ) | (0.04 | ) | — | — | — | — | 14.93 | (0.27)5 | 0.076,7 | 0.076,7 | (0.07)4,6 | 87 | 2 | |||||||||||||||||||
12-31-2017 | 13.77 | 0.344 | 1.35 | 1.69 | (0.33 | ) | (0.16 | ) | — | (0.49 | ) | 14.97 | 12.38 | 0.077 | 0.077 | 2.404 | 83 | 6 | ||||||||||||||||||
12-31-2016 | 13.58 | 0.364 | 0.48 | 0.84 | (0.32 | ) | (0.33 | ) | — | (0.65 | ) | 13.77 | 6.16 | 0.077 | 0.067 | 2.584 | 63 | 11 | ||||||||||||||||||
12-31-2015 | 14.17 | 0.394 | (0.38 | ) | 0.01 | (0.34 | ) | (0.26 | ) | — | (0.60 | ) | 13.58 | 0.10 | 0.077 | 0.067 | 2.764 | 44 | 9 | |||||||||||||||||
12-31-2014 | 13.95 | 0.474 | 0.36 | 0.83 | (0.35 | ) | (0.26 | ) | — | (0.61 | ) | 14.17 | 5.94 | 0.077 | 0.067 | 3.314 | 30 | 27 | ||||||||||||||||||
12-31-20139 | 13.99 | 0.214 | 0.04 | 0.25 | (0.26 | ) | (0.03 | ) | — | (0.29 | ) | 13.95 | 1.825 | 0.106,7 | 0.086,7 | 1.494,5 | —10 | 3711 | ||||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53%–0.57%, 0.54%–0.58%, 0.53%–0.59%, 0.53%–0.59%, 0.53%–0.59% and 0.50%–0.63% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 8 Less than $0.005 per share. 9 The inception date for Series I and Series NAV shares is 11-1-13. 10 Less than $500,000. 11 Portfolio turnover is shown for the period from 1-1-13 to 12-31-13. |
The accompanying notes are an integral part of the financial statements. | 91 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | From tax return of capital ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total | Expenses before reduc- tions (%) | Expenses including reduc- tions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||
Lifestyle Conservative Portfolio | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 13.39 | (0.01)4 | (0.12 | ) | (0.13 | ) | — | — | — | — | 13.26 | (0.97)5 | 0.166,7 | 0.126,7 | (0.12)4,6 | 12 | 8 | ||||||||||||||||||
12-31-2017 | 12.91 | 0.344 | 0.56 | 0.90 | (0.34 | ) | (0.08 | ) | — | (0.42 | ) | 13.39 | 6.96 | 0.167 | 0.137 | 2.694 | 12 | 12 | |||||||||||||||||
12-31-2016 | 12.85 | 0.354 | 0.21 | 0.56 | (0.36 | ) | (0.14 | ) | — | (0.50 | ) | 12.91 | 4.39 | 0.147 | 0.137 | 2.654 | 9 | 19 | |||||||||||||||||
12-31-2015 | 13.33 | 0.394 | (0.37 | ) | 0.02 | (0.36 | ) | (0.14 | ) | — | (0.50 | ) | 12.85 | 0.17 | 0.147 | 0.137 | 2.874 | 8 | 17 | ||||||||||||||||
12-31-2014 | 13.18 | 0.534 | 0.20 | 0.73 | (0.38 | ) | (0.20 | ) | — | (0.58 | ) | 13.33 | 5.55 | 0.157 | 0.137 | 3.964 | 8 | 56 | |||||||||||||||||
12-31-20138 | 13.48 | 0.234 | (0.20 | ) | 0.03 | (0.28 | ) | (0.05 | ) | — | (0.33 | ) | 13.18 | 0.205 | 0.276,7 | 0.126,7 | 1.744,5 | —9 | 2210 | ||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||
6-30-20183 | 13.41 | (0.02)4 | (0.13 | ) | (0.15 | ) | — | — | — | — | 13.26 | (1.12)5 | 0.366,7 | 0.326,7 | (0.32)4,6 | 165 | 8 | ||||||||||||||||||
12-31-2017 | 12.93 | 0.304 | 0.58 | 0.88 | (0.32 | ) | (0.08 | ) | — | (0.40 | ) | 13.41 | 6.74 | 0.367 | 0.337 | 2.214 | 166 | 12 | |||||||||||||||||
12-31-2016 | 12.87 | 0.314 | 0.23 | 0.54 | (0.34 | ) | (0.14 | ) | — | (0.48 | ) | 12.93 | 4.17 | 0.347 | 0.337 | 2.374 | 178 | 19 | |||||||||||||||||
12-31-2015 | 13.35 | 0.334 | (0.33 | ) | — | 11 | (0.34 | ) | (0.14 | ) | — | (0.48 | ) | 12.87 | (0.03) | 0.347 | 0.337 | 2.444 | 181 | 17 | |||||||||||||||
12-31-2014 | 13.19 | 0.404 | 0.31 | 0.71 | (0.35 | ) | (0.20 | ) | — | (0.55 | ) | 13.35 | 5.41 | 0.357 | 0.337 | 2.994 | 188 | 56 | |||||||||||||||||
12-31-2013 | 13.15 | 0.234 | 0.28 | 0.51 | (0.25 | ) | (0.22 | ) | — | (0.47 | ) | 13.19 | 3.86 | 0.437 | 0.387 | 1.754 | 50 | 22 | |||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||
6-30-20183 | 13.38 | —4 | (0.13 | ) | (0.13 | ) | — | — | — | — | 13.25 | (0.97)5 | 0.116,7 | 0.076,7 | (0.07)4,6 | 4 | 8 | ||||||||||||||||||
12-31-2017 | 12.90 | 0.354 | 0.56 | 0.91 | (0.35 | ) | (0.08 | ) | — | (0.43 | ) | 13.38 | 7.01 | 0.117 | 0.087 | 2.754 | 4 | 12 | |||||||||||||||||
12-31-2016 | 12.85 | 0.614 | (0.05 | ) | 0.56 | (0.37 | ) | (0.14 | ) | — | (0.51 | ) | 12.90 | 4.36 | 0.107 | 0.087 | 4.674 | 3 | 19 | ||||||||||||||||
12-31-2015 | 13.33 | 0.464 | (0.43 | ) | 0.03 | (0.37 | ) | (0.14 | ) | — | (0.51 | ) | 12.85 | 0.22 | 0.097 | 0.087 | 3.444 | 1 | 17 | ||||||||||||||||
12-31-2014 | 13.17 | 0.604 | 0.15 | 0.75 | (0.39 | ) | (0.20 | ) | — | (0.59 | ) | 13.33 | 5.68 | 0.107 | 0.087 | 4.444 | —9 | 56 | |||||||||||||||||
12-31-20138 | 13.48 | 0.234 | (0.21 | ) | 0.02 | (0.28 | ) | (0.05 | ) | — | (0.33 | ) | 13.17 | 0.185 | 0.226,7 | 0.086,7 | 1.744,5 | —9 | 2210 | ||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53%–0.57%, 0.54%–0.58%, 0.53%–0.59%, 0.53%–0.59%, 0.53%–0.59% and 0.50%–0.63% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 8 The inception date for Series I and Series NAV shares is 11-1-13. 9 Less than $500,000. 10 Portfolio turnover is shown for the period from 1-1-13 to 12-31-13. 11 Less than $0.005 per share. | |||||||||||||||||||||||||||||||||||
Lifestyle Growth Portfolio | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 16.41 | (0.01)4 | 0.04 | 0.03 | — | — | — | — | 16.44 | 0.185 | 0.126,7 | 0.116,7 | (0.11)4,6 | 230 | —8 | ||||||||||||||||||||
12-31-2017 | 14.53 | 0.454 | 1.88 | 2.33 | (0.30 | ) | (0.15 | ) | — | (0.45 | ) | 16.41 | 16.13 | 0.127 | 0.117 | 3.344 | 242 | 49 | |||||||||||||||||
12-31-2016 | 14.23 | 0.464 | 0.56 | 1.02 | (0.27 | ) | (0.45 | ) | — | (0.72 | ) | 14.53 | 7.23 | 0.117 | 0.117 | 3.164 | 93 | 129 | |||||||||||||||||
12-31-2015 | 14.85 | 0.324 | (0.34 | ) | (0.02 | ) | (0.32 | ) | (0.28 | ) | — | (0.60 | ) | 14.23 | (0.12) | 0.117 | 0.117 | 2.114 | 39 | 9 | |||||||||||||||
12-31-2014 | 14.51 | 0.394 | 0.51 | 0.90 | (0.32 | ) | (0.24 | ) | — | (0.56 | ) | 14.85 | 6.17 | 0.117 | 0.117 | 2.614 | 37 | 18 | |||||||||||||||||
12-31-201310 | 14.31 | 0.024 | 0.3911 | 0.41 | (0.19 | ) | (0.02 | ) | — | (0.21 | ) | 14.51 | 2.885 | 0.146,7 | 0.126,7 | 0.114,5 | 4 | 4612 | |||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||
6-30-20183 | 16.43 | (0.03)4 | 0.04 | 0.01 | — | — | — | — | 16.44 | 0.065 | 0.326,7 | 0.316,7 | (0.31)4,6 | 6,050 | —8 | ||||||||||||||||||||
12-31-2017 | 14.55 | 0.404 | 1.90 | 2.30 | (0.27 | ) | (0.15 | ) | — | (0.42 | ) | 16.43 | 15.90 | 0.327 | 0.317 | 2.894 | 6,456 | 49 | |||||||||||||||||
12-31-2016 | 14.25 | 0.344 | 0.66 | 1.00 | (0.25 | ) | (0.45 | ) | — | (0.70 | ) | 14.55 | 7.02 | 0.317 | 0.317 | 2.354 | 2,889 | 129 | |||||||||||||||||
12-31-2015 | 14.86 | 0.294 | (0.33 | ) | (0.04 | ) | (0.29 | ) | (0.28 | ) | — | (0.57 | ) | 14.25 | (0.25) | 0.317 | 0.317 | 1.934 | 1,904 | 9 | |||||||||||||||
12-31-2014 | 14.53 | 0.344 | 0.52 | 0.86 | (0.29 | ) | (0.24 | ) | — | (0.53 | ) | 14.86 | 5.88 | 0.317 | 0.317 | 2.314 | 1,873 | 18 | |||||||||||||||||
12-31-2013 | 12.75 | 0.234 | 2.16 | 2.39 | (0.17 | ) | (0.44 | ) | — | (0.61 | ) | 14.53 | 18.86 | 0.347 | 0.347 | 1.654 | 297 | 46 | |||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||
6-30-20183 | 16.40 | (0.01)4 | 0.05 | 0.04 | — | — | — | — | 16.44 | 0.245 | 0.076,7 | 0.066,7 | (0.06)4,6 | 353 | —8 | ||||||||||||||||||||
12-31-2017 | 14.52 | 0.464 | 1.88 | 2.34 | (0.31 | ) | (0.15 | ) | — | (0.46 | ) | 16.40 | 16.20 | 0.077 | 0.067 | 3.614 | 346 | 49 | |||||||||||||||||
12-31-2016 | 14.23 | 0.524 | 0.50 | 1.02 | (0.28 | ) | (0.45 | ) | — | (0.73 | ) | 14.52 | 7.21 | 0.067 | 0.067 | 3.594 | 109 | 129 | |||||||||||||||||
12-31-2015 | 14.84 | 0.434 | (0.43 | ) | — | 13 | (0.33 | ) | (0.28 | ) | — | (0.61 | ) | 14.23 | 0.0014 | 0.067 | 0.067 | 2.934 | 30 | 9 | |||||||||||||||
12-31-2014 | 14.50 | 0.754 | 0.16 | 0.91 | (0.33 | ) | (0.24 | ) | — | (0.57 | ) | 14.84 | 6.22 | 0.067 | 0.067 | 5.024 | 12 | 18 | |||||||||||||||||
12-31-201310 | 14.31 | 0.194 | 0.2211 | 0.41 | (0.20 | ) | (0.02 | ) | — | (0.22 | ) | 14.50 | 2.865 | 0.096,7 | 0.086,7 | 1.334,5 | —15 | 4612 | |||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53%–0.57%, 0.54%–0.58%, 0.53%–0.59%, 0.53%–0.59%, 0.53%–0.59% and 0.50%–0.63% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 8 Less than 1%. 9 Excludes merger activity. 10 The inception date for Series I and Series NAV shares is 11-1-13. 11 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio. 12 Portfolio turnover is shown for the period from 1-1-2013 to 12-31-13. 13 Less than $0.005 per share. 14 Less than 0.005%. 15 Less than $500,000. |
The accompanying notes are an integral part of the financial statements. | 92 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | From tax return of capital ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total | Expenses before reduc- tions (%) | Expenses including reduc- tions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||
Lifestyle Moderate Portfolio | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 14.44 | (0.01)4 | (0.06 | ) | (0.07 | ) | — | — | — | — | 14.37 | (0.48)5 | 0.146,7 | 0.136,7 | (0.13)4,6 | 10 | 2 | ||||||||||||||||||
12-31-2017 | 13.50 | 0.334 | 1.07 | 1.40 | (0.33 | ) | (0.13 | ) | — | (0.46 | ) | 14.44 | 10.43 | 0.147 | 0.137 | 2.354 | 11 | 7 | |||||||||||||||||
12-31-2016 | 13.37 | 0.344 | 0.40 | 0.74 | (0.33 | ) | (0.28 | ) | — | (0.61 | ) | 13.50 | 5.50 | 0.137 | 0.127 | 2.484 | 10 | 14 | |||||||||||||||||
12-31-2015 | 13.95 | 0.354 | (0.34 | ) | 0.01 | (0.34 | ) | (0.25 | ) | — | (0.59 | ) | 13.37 | 0.10 | 0.137 | 0.127 | 2.474 | 9 | 11 | ||||||||||||||||
12-31-2014 | 13.82 | 0.434 | 0.38 | 0.81 | (0.36 | ) | (0.32 | ) | — | (0.68 | ) | 13.95 | 5.91 | 0.137 | 0.137 | 3.034 | 8 | 38 | |||||||||||||||||
12-31-20138 | 13.95 | 0.184 | (0.01 | ) | 0.17 | (0.26 | ) | (0.04 | ) | — | (0.30 | ) | 13.82 | 1.235 | 0.216,7 | 0.126,7 | 1.344,5 | —9 | 3610 | ||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||
6-30-20183 | 14.47 | (0.02)4 | (0.07 | ) | (0.09 | ) | — | — | — | — | 14.38 | (0.62)5 | 0.346,7 | 0.336,7 | (0.33)4,6 | 282 | 2 | ||||||||||||||||||
12-31-2017 | 13.52 | 0.304 | 1.08 | 1.38 | (0.30 | ) | (0.13 | ) | — | (0.43 | ) | 14.47 | 10.28 | 0.347 | 0.337 | 2.044 | 295 | 7 | |||||||||||||||||
12-31-2016 | 13.39 | 0.294 | 0.42 | 0.71 | (0.30 | ) | (0.28 | ) | — | (0.58 | ) | 13.52 | 5.28 | 0.337 | 0.327 | 2.144 | 295 | 14 | |||||||||||||||||
12-31-2015 | 13.97 | 0.304 | (0.32 | ) | (0.02 | ) | (0.31 | ) | (0.25 | ) | — | (0.56 | ) | 13.39 | (0.10) | 0.337 | 0.327 | 2.174 | 304 | 11 | |||||||||||||||
12-31-2014 | 13.85 | 0.374 | 0.40 | 0.77 | (0.33 | ) | (0.32 | ) | — | (0.65 | ) | 13.97 | 5.61 | 0.337 | 0.337 | 2.644 | 323 | 38 | |||||||||||||||||
12-31-2013 | 13.06 | 0.244 | 1.08 | 1.32 | (0.24 | ) | (0.29 | ) | — | (0.53 | ) | 13.85 | 10.12 | 0.407 | 0.387 | 1.754 | 92 | 36 | |||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||
6-30-20183 | 14.44 | (0.01)4 | (0.06 | ) | (0.07 | ) | — | — | — | — | 14.37 | (0.48)5 | 0.096,7 | 0.086,7 | (0.08)4,6 | 21 | 2 | ||||||||||||||||||
12-31-2017 | 13.49 | 0.354 | 1.07 | 1.42 | (0.34 | ) | (0.13 | ) | — | (0.47 | ) | 14.44 | 10.56 | 0.097 | 0.087 | 2.594 | 20 | 7 | |||||||||||||||||
12-31-2016 | 13.36 | 0.414 | 0.34 | 0.75 | (0.34 | ) | (0.28 | ) | — | (0.62 | ) | 13.49 | 5.55 | 0.087 | 0.087 | 3.004 | 14 | 14 | |||||||||||||||||
12-31-2015 | 13.94 | 0.474 | (0.45 | ) | 0.02 | (0.35 | ) | (0.25 | ) | — | (0.60 | ) | 13.36 | 0.15 | 0.087 | 0.077 | 3.364 | 8 | 11 | ||||||||||||||||
12-31-2014 | 13.82 | 0.834 | (0.02 | ) | 0.81 | (0.37 | ) | (0.32 | ) | — | (0.69 | ) | 13.94 | 5.88 | 0.087 | 0.087 | 5.894 | 3 | 38 | ||||||||||||||||
12-31-20138 | 13.95 | 0.224 | (0.04 | ) | 0.18 | (0.27 | ) | (0.04 | ) | — | (0.31 | ) | 13.82 | 1.285 | 0.166,7 | 0.086,7 | 1.604,5 | —9 | 3610 | ||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 5 Not annualized. 6 Annualized. 7 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53%–0.57%, 0.54%–0.58%, 0.53%–0.59%, 0.53%–0.59%, 0.53%–0.59% and 0.50%–0.63% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 8 The inception date for Series I and Series NAV shares is 11-1-13. 9 Less than $500,000. 10 Portfolio turnover is shown for the period from 1-1-13 to 12-31-13. | |||||||||||||||||||||||||||||||||||
Mid Cap Index Trust | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 23.00 | 0.14 | 0.61 | 0.75 | — | — | — | — | 23.75 | 3.264 | 0.555 | 0.455 | 1.205 | 1,253 | 8 | ||||||||||||||||||||
12-31-2017 | 21.32 | 0.24 | 2.95 | 3.19 | (0.11 | ) | (1.40 | ) | — | (1.51 | ) | 23.00 | 15.81 | 0.56 | 0.45 | 1.07 | 1,277 | 196,7 | |||||||||||||||||
12-31-2016 | 19.66 | 0.25 | 3.56 | 3.81 | (0.24 | ) | (1.91 | ) | — | (2.15 | ) | 21.32 | 20.11 | 0.56 | 0.45 | 1.24 | 805 | 22 | |||||||||||||||||
12-31-2015 | 22.29 | 0.24 | (0.83 | ) | (0.59 | ) | (0.22 | ) | (1.82 | ) | — | (2.04 | ) | 19.66 | (2.59) | 0.56 | 0.45 | 1.10 | 661 | 23 | |||||||||||||||
12-31-2014 | 21.82 | 0.23 | 1.79 | 2.02 | (0.22 | ) | (1.33 | ) | — | (1.55 | ) | 22.29 | 9.35 | 0.56 | 0.46 | 1.05 | 679 | 14 | |||||||||||||||||
12-31-2013 | 17.45 | 0.21 | 5.50 | 5.71 | (0.22 | ) | (1.12 | ) | — | (1.34 | ) | 21.82 | 33.03 | 0.55 | 0.45 | 1.02 | 657 | 14 | |||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||
6-30-20183 | 22.89 | 0.12 | 0.61 | 0.73 | — | — | — | — | 23.62 | 3.194 | 0.755 | 0.655 | 1.005 | 84 | 8 | ||||||||||||||||||||
12-31-2017 | 21.24 | 0.19 | 2.93 | 3.12 | (0.07 | ) | (1.40 | ) | — | (1.47 | ) | 22.89 | 15.51 | 0.76 | 0.65 | 0.85 | 90 | 196,7 | |||||||||||||||||
12-31-2016 | 19.58 | 0.21 | 3.56 | 3.77 | (0.20 | ) | (1.91 | ) | — | (2.11 | ) | 21.24 | 19.92 | 0.76 | 0.65 | 1.03 | 68 | 22 | |||||||||||||||||
12-31-2015 | 22.22 | 0.20 | (0.84 | ) | (0.64 | ) | (0.18 | ) | (1.82 | ) | — | (2.00 | ) | 19.58 | (2.80) | 0.76 | 0.65 | 0.89 | 63 | 23 | |||||||||||||||
12-31-2014 | 21.76 | 0.19 | 1.77 | 1.96 | (0.17 | ) | (1.33 | ) | — | (1.50 | ) | 22.22 | 9.12 | 0.76 | 0.66 | 0.84 | 71 | 14 | |||||||||||||||||
12-31-2013 | 17.41 | 0.16 | 5.49 | 5.65 | (0.18 | ) | (1.12 | ) | — | (1.30 | ) | 21.76 | 32.76 | 0.75 | 0.65 | 0.81 | 82 | 14 | |||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||
6-30-20183 | 23.00 | 0.15 | 0.60 | 0.75 | — | — | — | — | 23.75 | 3.264 | 0.505 | 0.405 | 1.265 | 205 | 8 | ||||||||||||||||||||
12-31-2017 | 21.32 | 0.24 | 2.96 | 3.20 | (0.12 | ) | (1.40 | ) | — | (1.52 | ) | 23.00 | 15.86 | 0.51 | 0.40 | 1.10 | 198 | 196,7 | |||||||||||||||||
12-31-2016 | 19.65 | 0.26 | 3.57 | 3.83 | (0.25 | ) | (1.91 | ) | — | (2.16 | ) | 21.32 | 20.17 | 0.51 | 0.40 | 1.30 | 134 | 22 | |||||||||||||||||
12-31-2015 | 22.29 | 0.25 | (0.84 | ) | (0.59 | ) | (0.23 | ) | (1.82 | ) | — | (2.05 | ) | 19.65 | (2.54) | 0.51 | 0.40 | 1.15 | 105 | 23 | |||||||||||||||
12-31-2014 | 21.82 | 0.25 | 1.78 | 2.03 | (0.23 | ) | (1.33 | ) | — | (1.56 | ) | 22.29 | 9.40 | 0.51 | 0.41 | 1.11 | 106 | 14 | |||||||||||||||||
12-31-2013 | 17.45 | 0.22 | 5.50 | 5.72 | (0.23 | ) | (1.12 | ) | — | (1.35 | ) | 21.82 | 33.09 | 0.50 | 0.40 | 1.06 | 88 | 14 | |||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes in-kind transactions. 7 Excludes merger activity. |
The accompanying notes are an integral part of the financial statements. | 93 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | From tax return of capital ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total | Expenses before reduc- tions (%) | Expenses including reduc- tions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||||
Mid Cap Stock Trust | |||||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 17.82 | (0.04 | ) | 2.29 | 2.25 | — | — | — | — | 20.07 | 12.634 | 0.925 | 0.925 | (0.38 | )5 | 173 | 346 | ||||||||||||||||||||
12-31-2017 | 14.16 | (0.03 | ) | 4.04 | 4.01 | — | (0.35 | ) | — | (0.35 | ) | 17.82 | 28.54 | 0.93 | 0.92 | (0.16 | ) | 166 | 71 | ||||||||||||||||||
12-31-2016 | 15.17 | (0.04 | ) | 0.16 | 0.12 | — | (1.13 | ) | — | (1.13 | ) | 14.16 | 0.59 | 0.907 | 0.89 | (0.27 | ) | 150 | 85 | ||||||||||||||||||
12-31-2015 | 18.61 | (0.05 | ) | 0.55 | 0.50 | — | (3.94 | ) | — | (3.94 | ) | 15.17 | 3.00 | 0.92 | 0.91 | (0.28 | ) | 170 | 78 | ||||||||||||||||||
12-31-2014 | 21.07 | (0.08 | ) | 1.68 | 1.60 | (0.02 | ) | (4.04 | ) | — | (4.06 | ) | 18.61 | 8.02 | 0.92 | 0.91 | (0.37 | ) | 188 | 103 | |||||||||||||||||
12-31-2013 | 15.68 | (0.05 | ) | 5.80 | 5.75 | (0.01 | ) | (0.35 | ) | — | (0.36 | ) | 21.07 | 36.82 | 0.92 | 0.92 | (0.27 | ) | 207 | 116 | |||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 16.87 | (0.05 | ) | 2.17 | 2.12 | — | — | — | — | 18.99 | 12.574 | 1.125 | 1.125 | (0.58 | )5 | 89 | 346 | ||||||||||||||||||||
12-31-2017 | 13.45 | (0.06 | ) | 3.83 | 3.77 | — | (0.35 | ) | — | (0.35 | ) | 16.87 | 28.26 | 1.13 | 1.12 | (0.36 | ) | 85 | 71 | ||||||||||||||||||
12-31-2016 | 14.49 | (0.06 | ) | 0.15 | 0.09 | — | (1.13 | ) | — | (1.13 | ) | 13.45 | 0.41 | 1.107 | 1.09 | (0.47 | ) | 76 | 85 | ||||||||||||||||||
12-31-2015 | 17.99 | (0.08 | ) | 0.52 | 0.44 | — | (3.94 | ) | — | (3.94 | ) | 14.49 | 2.75 | 1.12 | 1.11 | (0.48 | ) | 91 | 78 | ||||||||||||||||||
12-31-2014 | 20.51 | (0.11 | ) | 1.63 | 1.52 | — | (4.04 | ) | — | (4.04 | ) | 17.99 | 7.82 | 1.12 | 1.11 | (0.58 | ) | 99 | 103 | ||||||||||||||||||
12-31-2013 | 15.30 | (0.08 | ) | 5.64 | 5.56 | — | (0.35 | ) | — | (0.35 | ) | 20.51 | 36.51 | 1.12 | 1.12 | (0.47 | ) | 121 | 116 | ||||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 18.03 | (0.03 | ) | 2.31 | 2.28 | — | — | — | — | 20.31 | 12.654 | 0.875 | 0.875 | (0.31 | )5 | 527 | 346 | ||||||||||||||||||||
12-31-2017 | 14.31 | (0.02 | ) | 4.09 | 4.07 | — | (0.35 | ) | — | (0.35 | ) | 18.03 | 28.66 | 0.88 | 0.87 | (0.12 | ) | 501 | 71 | ||||||||||||||||||
12-31-2016 | 15.32 | (0.03 | ) | 0.15 | 0.12 | — | (1.13 | ) | — | (1.13 | ) | 14.31 | 0.58 | 0.857 | 0.84 | (0.22 | ) | 449 | 85 | ||||||||||||||||||
12-31-2015 | 18.75 | (0.04 | ) | 0.55 | 0.51 | — | (3.94 | ) | — | (3.94 | ) | 15.32 | 3.04 | 0.87 | 0.86 | (0.23 | ) | 506 | 78 | ||||||||||||||||||
12-31-2014 | 21.19 | (0.07 | ) | 1.70 | 1.63 | (0.03 | ) | (4.04 | ) | — | (4.07 | ) | 18.75 | 8.12 | 0.87 | 0.86 | (0.32 | ) | 562 | 103 | |||||||||||||||||
12-31-2013 | 15.77 | (0.04 | ) | 5.82 | 5.78 | (0.01 | ) | (0.35 | ) | — | (0.36 | ) | 21.19 | 36.84 | 0.87 | 0.87 | (0.23 | ) | 615 | 116 | |||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes merger activity. 7 Includes reimbursement for overbilling of custody expenses in prior years of 0.03%. | |||||||||||||||||||||||||||||||||||||
Mid Value Trust | |||||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 11.60 | 0.05 | 0.32 | 0.37 | — | — | — | — | 11.97 | 3.194 | 1.045 | 0.995 | 0.79 | 5 | 305 | 16 | |||||||||||||||||||||
12-31-2017 | 11.62 | 0.11 | 1.10 | 1.21 | (0.11 | ) | (1.12 | ) | — | (1.23 | ) | 11.60 | 11.43 | 1.04 | 0.99 | 0.96 | 312 | 32 | |||||||||||||||||||
12-31-2016 | 10.72 | 0.12 | 2.35 | 2.47 | (0.13 | ) | (1.44 | ) | — | (1.57 | ) | 11.62 | 24.02 | 1.026 | 0.966 | 1.03 | 339 | 56 | |||||||||||||||||||
12-31-2015 | 13.96 | 0.13 | (0.68 | ) | (0.55 | ) | (0.14 | ) | (2.55 | ) | — | (2.69 | ) | 10.72 | (3.43) | 1.04 | 0.98 | 0.99 | 276 | 47 | |||||||||||||||||
12-31-2014 | 13.99 | 0.11 | 1.37 | 1.48 | (0.10 | ) | (1.41 | ) | — | (1.51 | ) | 13.96 | 10.60 | 1.04 | 0.98 | 0.77 | 347 | 32 | |||||||||||||||||||
12-31-2013 | 11.49 | 0.09 | 3.47 | 3.56 | (0.13 | ) | (0.93 | ) | — | (1.06 | ) | 13.99 | 31.39 | 1.04 | 0.99 | 0.67 | 347 | 37 | |||||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 11.61 | 0.03 | 0.33 | 0.36 | — | — | — | — | 11.97 | 3.104 | 1.245 | 1.195 | 0.59 | 5 | 60 | 16 | |||||||||||||||||||||
12-31-2017 | 11.63 | 0.09 | 1.10 | 1.19 | (0.09 | ) | (1.12 | ) | — | (1.21 | ) | 11.61 | 11.21 | 1.24 | 1.19 | 0.76 | 62 | 32 | |||||||||||||||||||
12-31-2016 | 10.73 | 0.09 | 2.36 | 2.45 | (0.11 | ) | (1.44 | ) | — | (1.55 | ) | 11.63 | 23.77 | 1.216 | 1.166 | 0.83 | 67 | 56 | |||||||||||||||||||
12-31-2015 | 13.97 | 0.10 | (0.67 | ) | (0.57 | ) | (0.12 | ) | (2.55 | ) | — | (2.67 | ) | 10.73 | (3.64) | 1.24 | 1.18 | 0.79 | 59 | 47 | |||||||||||||||||
12-31-2014 | 14.00 | 0.08 | 1.38 | 1.46 | (0.08 | ) | (1.41 | ) | — | (1.49 | ) | 13.97 | 10.39 | 1.24 | 1.18 | 0.57 | 76 | 32 | |||||||||||||||||||
12-31-2013 | 11.50 | 0.06 | 3.48 | 3.54 | (0.11 | ) | (0.93 | ) | — | (1.04 | ) | 14.00 | 31.14 | 1.24 | 1.19 | 0.47 | 86 | 37 | |||||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||||
6-30-20183 | 11.53 | 0.05 | 0.33 | 0.38 | — | — | — | — | 11.91 | 3.304 | 0.995 | 0.945 | 0.84 | 5 | 428 | 16 | |||||||||||||||||||||
12-31-2017 | 11.56 | 0.11 | 1.10 | 1.21 | (0.12 | ) | (1.12 | ) | — | (1.24 | ) | 11.53 | 11.46 | 0.99 | 0.94 | 0.99 | 434 | 32 | |||||||||||||||||||
12-31-2016 | 10.67 | 0.12 | 2.34 | 2.46 | (0.13 | ) | (1.44 | ) | — | (1.57 | ) | 11.56 | 24.09 | 0.976 | 0.916 | 1.09 | 425 | 56 | |||||||||||||||||||
12-31-2015 | 13.91 | 0.13 | (0.67 | ) | (0.54 | ) | (0.15 | ) | (2.55 | ) | — | (2.70 | ) | 10.67 | (3.40) | 0.99 | 0.93 | 1.04 | 408 | 47 | |||||||||||||||||
12-31-2014 | 13.94 | 0.12 | 1.37 | 1.49 | (0.11 | ) | (1.41 | ) | — | (1.52 | ) | 13.91 | 10.70 | 0.99 | 0.93 | 0.82 | 481 | 32 | |||||||||||||||||||
12-31-2013 | 11.45 | 0.09 | 3.47 | 3.56 | (0.14 | ) | (0.93 | ) | — | (1.07 | ) | 13.94 | 31.47 | 0.99 | 0.94 | 0.72 | 532 | 37 | |||||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. |
The accompanying notes are an integral part of the financial statements. | 94 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | �� | From tax return of capital ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total | Expenses before reduc- tions (%) | Expenses including reduc- tions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | |||||||||||||||||||
Mutual Shares Trust | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 6.67 | 0.06 | (0.08 | ) | (0.02 | ) | — | — | — | — | 6.65 | (0.30)4 | 1.105 | 1.095 | 1.745 | 164 | 12 | ||||||||||||||||||
12-31-2017 | 11.74 | 0.18 | 0.52 | 0.70 | (0.66 | ) | (5.11 | ) | — | (5.77 | ) | 6.67 | 8.32 | 1.10 | 1.09 | 1.95 | 172 | 20 | |||||||||||||||||
12-31-2016 | 11.76 | 0.28 | 1.56 | 1.84 | (0.76 | ) | (1.10 | ) | — | (1.86 | ) | 11.74 | 16.71 | 1.06 | 1.05 | 2.35 | 173 | 26 | |||||||||||||||||
12-31-2015 | 14.02 | 0.24 | (0.90 | ) | (0.66 | ) | (0.29 | ) | (1.31 | ) | — | (1.60 | ) | 11.76 | (4.68) | 1.06 | 1.05 | 1.74 | 172 | 22 | |||||||||||||||
12-31-2014 | 13.75 | 0.376 | 0.63 | 1.00 | (0.47 | ) | (0.26 | ) | — | (0.73 | ) | 14.02 | 7.21 | 1.03 | 1.03 | 2.626 | 200 | 19 | |||||||||||||||||
12-31-2013 | 10.86 | 0.20 | 2.87 | 3.07 | (0.18 | ) | — | — | (0.18 | ) | 13.75 | 28.32 | 1.03 | 1.02 | 1.63 | 220 | 27 | ||||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.10 and 0.74%, respectively. | |||||||||||||||||||||||||||||||||||
Real Estate Securities Trust | |||||||||||||||||||||||||||||||||||
SERIES I | |||||||||||||||||||||||||||||||||||
6-30-20183 | 19.71 | 0.25 | (0.03 | ) | 0.22 | — | — | — | — | 19.93 | 1.124 | 0.815 | 0.805 | 2.715 | 72 | 88 | |||||||||||||||||||
12-31-2017 | 18.65 | 0.40 | 0.76 | 1.16 | (0.10 | ) | — | — | (0.10 | ) | 19.71 | 6.24 | 0.81 | 0.80 | 2.08 | 77 | 166 | ||||||||||||||||||
12-31-2016 | 18.08 | 0.44 | 0.78 | 1.22 | (0.65 | ) | — | — | (0.65 | ) | 18.65 | 6.92 | 0.746 | 0.746 | 2.32 | 85 | 147 | ||||||||||||||||||
12-31-2015 | 17.95 | 0.36 | 0.11 | 0.47 | (0.34 | ) | — | — | (0.34 | ) | 18.08 | 2.68 | 0.79 | 0.79 | 2.02 | 90 | 152 | ||||||||||||||||||
12-31-2014 | 13.84 | 0.30 | 4.08 | 4.38 | (0.27 | ) | — | — | (0.27 | ) | 17.95 | 31.73 | 0.79 | 0.79 | 1.88 | 104 | 131 | ||||||||||||||||||
12-31-2013 | 14.13 | 0.30 | (0.31 | ) | (0.01 | ) | (0.28 | ) | — | — | (0.28 | ) | 13.84 | (0.10) | 0.80 | 0.79 | 2.02 | 83 | 104 | ||||||||||||||||
SERIES II | |||||||||||||||||||||||||||||||||||
6-30-20183 | 19.74 | 0.23 | (0.03 | ) | 0.20 | — | — | — | — | 19.94 | 1.014 | 1.015 | 1.005 | 2.505 | 41 | 88 | |||||||||||||||||||
12-31-2017 | 18.68 | 0.36 | 0.77 | 1.13 | (0.07 | ) | — | — | (0.07 | ) | 19.74 | 6.06 | 1.01 | 1.00 | 1.88 | 45 | 166 | ||||||||||||||||||
12-31-2016 | 18.11 | 0.40 | 0.78 | 1.18 | (0.61 | ) | — | — | (0.61 | ) | 18.68 | 6.69 | 0.946 | 0.936 | 2.11 | 51 | 147 | ||||||||||||||||||
12-31-2015 | 17.97 | 0.32 | 0.13 | 0.45 | (0.31 | ) | — | — | (0.31 | ) | 18.11 | 2.46 | 0.99 | 0.99 | 1.80 | 55 | 152 | ||||||||||||||||||
12-31-2014 | 13.86 | 0.27 | 4.08 | 4.35 | (0.24 | ) | — | — | (0.24 | ) | 17.97 | 31.52 | 0.99 | 0.99 | 1.65 | 66 | 131 | ||||||||||||||||||
12-31-2013 | 14.16 | 0.27 | (0.32 | ) | (0.05 | ) | (0.25 | ) | — | — | (0.25 | ) | 13.86 | (0.38) | 1.00 | 0.99 | 1.80 | 58 | 104 | ||||||||||||||||
SERIES NAV | |||||||||||||||||||||||||||||||||||
6-30-20183 | 19.59 | 0.26 | (0.04 | ) | 0.22 | — | — | — | — | 19.81 | 1.124 | 0.765 | 0.755 | 2.775 | 236 | 88 | |||||||||||||||||||
12-31-2017 | 18.53 | 0.41 | 0.76 | 1.17 | (0.11 | ) | — | — | (0.11 | ) | 19.59 | 6.26 | 0.76 | 0.75 | 2.15 | 254 | 166 | ||||||||||||||||||
12-31-2016 | 17.97 | 0.45 | 0.77 | 1.22 | (0.66 | ) | — | — | (0.66 | ) | 18.53 | 6.96 | 0.696 | 0.696 | 2.37 | 267 | 147 | ||||||||||||||||||
12-31-2015 | 17.84 | 0.38 | 0.10 | 0.48 | (0.35 | ) | — | — | (0.35 | ) | 17.97 | 2.80 | 0.74 | 0.74 | 2.12 | 271 | 152 | ||||||||||||||||||
12-31-2014 | 13.76 | 0.31 | 4.05 | 4.36 | (0.28 | ) | — | — | (0.28 | ) | 17.84 | 31.75 | 0.74 | 0.74 | 1.93 | 283 | 131 | ||||||||||||||||||
12-31-2013 | 14.05 | 0.31 | (0.31 | ) | — | 7 | (0.29 | ) | — | — | (0.29 | ) | 13.76 | (0.05) | 0.75 | 0.74 | 2.10 | 224 | 104 | ||||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.06%. 7 Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 95 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Science & Technology Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 29.97 | (0.05) | 4.40 | 4.35 | — | — | — | — | 34.32 | 14.514 | 1.125 | 1.075 | (0.31)5 | 732 | 60 | |||||||||||||||
12-31-2017 | 22.48 | (0.09) | 9.17 | 9.08 | (0.02) | (1.57) | — | (1.59) | 29.97 | 41.13 | 1.12 | 1.08 | (0.34) | 617 | 91 | |||||||||||||||
12-31-2016 | 23.78 | 0.02 | 1.99 | 2.01 | — | (3.31) | — | (3.31) | 22.48 | 8.39 | 1.126 | 1.076 | 0.09 | 425 | 111 | |||||||||||||||
12-31-2015 | 27.08 | (0.08) | 1.43 | 1.35 | — | (4.65) | — | (4.65) | 23.78 | 6.69 | 1.12 | 1.07 | (0.32) | 437 | 118 | |||||||||||||||
12-31-2014 | 24.73 | (0.07) | 3.25 | 3.18 | — | (0.83) | — | (0.83) | 27.08 | 12.89 | 1.11 | 1.07 | (0.29) | 420 | 100 | |||||||||||||||
12-31-2013 | 17.23 | (0.03) | 7.53 | 7.50 | — | — | — | — | 24.73 | 43.53 | 1.13 | 1.10 | (0.15) | 375 | 105 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 28.79 | (0.08) | 4.23 | 4.15 | — | — | — | — | 32.94 | 14.414 | 1.325 | 1.275 | (0.51)5 | 62 | 60 | |||||||||||||||
12-31-2017 | 21.68 | (0.14) | 8.82 | 8.68 | — | (1.57) | — | (1.57) | 28.79 | 40.81 | 1.32 | 1.28 | (0.54) | 53 | 91 | |||||||||||||||
12-31-2016 | 23.09 | (0.02) | 1.92 | 1.90 | — | (3.31) | — | (3.31) | 21.68 | 8.15 | 1.326 | 1.276 | (0.11) | 42 | 111 | |||||||||||||||
12-31-2015 | 26.48 | (0.13) | 1.39 | 1.26 | — | (4.65) | — | (4.65) | 23.09 | 6.49 | 1.32 | 1.27 | (0.52) | 45 | 118 | |||||||||||||||
12-31-2014 | 24.24 | (0.12) | 3.19 | 3.07 | — | (0.83) | — | (0.83) | 26.48 | 12.70 | 1.31 | 1.27 | (0.49) | 48 | 100 | |||||||||||||||
12-31-2013 | 16.92 | (0.07) | 7.39 | 7.32 | — | — | — | — | 24.24 | 43.26 | 1.33 | 1.30 | (0.35) | 49 | 105 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 30.26 | (0.04) | 4.44 | 4.40 | — | — | — | — | 34.66 | 14.544 | 1.075 | 1.025 | (0.26)5 | 60 | 60 | |||||||||||||||
12-31-2017 | 22.68 | (0.08) | 9.26 | 9.18 | (0.03) | (1.57) | — | (1.60) | 30.26 | 41.21 | 1.07 | 1.03 | (0.29) | 48 | 91 | |||||||||||||||
12-31-2016 | 23.96 | 0.03 | 2.00 | 2.03 | — | (3.31) | — | (3.31) | 22.68 | 8.41 | 1.076 | 1.026 | 0.14 | 34 | 111 | |||||||||||||||
12-31-2015 | 27.23 | (0.07) | 1.45 | 1.38 | — | (4.65) | — | (4.65) | 23.96 | 6.77 | 1.07 | 1.02 | (0.27) | 29 | 118 | |||||||||||||||
12-31-2014 | 24.85 | (0.06) | 3.27 | 3.21 | — | (0.83) | — | (0.83) | 27.23 | 12.95 | 1.06 | 1.02 | (0.24) | 23 | 100 | |||||||||||||||
12-31-2013 | 17.31 | (0.02) | 7.56 | 7.54 | — | — | — | — | 24.85 | 43.56 | 1.08 | 1.05 | (0.10) | 19 | 105 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.01%. | ||||||||||||||||||||||||||||||
Small Cap Index Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 16.09 | 0.08 | 1.11 | 1.19 | — | — | — | — | 17.28 | 7.404 | 0.575 | 0.525 | 0.935 | 444 | 17 | |||||||||||||||
12-31-2017 | 14.74 | 0.15 | 1.89 | 2.04 | (0.07) | (0.62) | — | (0.69) | 16.09 | 14.39 | 0.58 | 0.52 | 0.97 | 416 | 22 | |||||||||||||||
12-31-2016 | 13.28 | 0.16 | 2.51 | 2.67 | (0.15) | (1.06) | — | (1.21) | 14.74 | 20.98 | 0.58 | 0.52 | 1.18 | 366 | 22 | |||||||||||||||
12-31-2015 | 15.40 | 0.16 | (0.87) | (0.71) | (0.15) | (1.26) | — | (1.41) | 13.28 | (4.58) | 0.58 | 0.52 | 1.06 | 286 | 19 | |||||||||||||||
12-31-2014 | 15.83 | 0.14 | 0.55 | 0.69 | (0.14) | (0.98) | — | (1.12) | 15.40 | 4.59 | 0.57 | 0.52 | 0.93 | 302 | 20 | |||||||||||||||
12-31-2013 | 12.39 | 0.15 | 4.57 | 4.72 | (0.22) | (1.06) | — | (1.28) | 15.83 | 38.58 | 0.57 | 0.52 | 1.03 | 317 | 17 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 16.00 | 0.06 | 1.11 | 1.17 | — | — | — | — | 17.17 | 7.314 | 0.775 | 0.725 | 0.735 | 42 | 17 | |||||||||||||||
12-31-2017 | 14.66 | 0.11 | 1.89 | 2.00 | (0.04) | (0.62) | — | (0.66) | 16.00 | 14.18 | 0.78 | 0.72 | 0.75 | 42 | 22 | |||||||||||||||
12-31-2016 | 13.22 | 0.13 | 2.50 | 2.63 | (0.13) | (1.06) | — | (1.19) | 14.66 | 20.70 | 0.78 | 0.72 | 0.98 | 45 | 22 | |||||||||||||||
12-31-2015 | 15.34 | 0.13 | (0.87) | (0.74) | (0.12) | (1.26) | — | (1.38) | 13.22 | (4.79) | 0.78 | 0.72 | 0.85 | 40 | 19 | |||||||||||||||
12-31-2014 | 15.77 | 0.11 | 0.55 | 0.66 | (0.11) | (0.98) | — | (1.09) | 15.34 | 4.41 | 0.77 | 0.72 | 0.72 | 52 | 20 | |||||||||||||||
12-31-2013 | 12.35 | 0.12 | 4.55 | 4.67 | (0.19) | (1.06) | — | (1.25) | 15.77 | 38.31 | 0.77 | 0.72 | 0.81 | 64 | 17 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 16.10 | 0.08 | 1.12 | 1.20 | — | — | — | — | 17.30 | 7.454 | 0.525 | 0.475 | 0.995 | 157 | 17 | |||||||||||||||
12-31-2017 | 14.75 | 0.16 | 1.89 | 2.05 | (0.08) | (0.62) | — | (0.70) | 16.10 | 14.43 | 0.53 | 0.47 | 1.02 | 137 | 22 | |||||||||||||||
12-31-2016 | 13.29 | 0.17 | 2.51 | 2.68 | (0.16) | (1.06) | — | (1.22) | 14.75 | 21.01 | 0.53 | 0.47 | 1.23 | 115 | 22 | |||||||||||||||
12-31-2015 | 15.42 | 0.17 | (0.88) | (0.71) | (0.16) | (1.26) | — | (1.42) | 13.29 | (4.59) | 0.53 | 0.47 | 1.12 | 87 | 19 | |||||||||||||||
12-31-2014 | 15.84 | 0.15 | 0.56 | 0.71 | (0.15) | (0.98) | — | (1.13) | 15.42 | 4.71 | 0.52 | 0.47 | 1.00 | 95 | 20 | |||||||||||||||
12-31-2013 | 12.39 | 0.16 | 4.57 | 4.73 | (0.22) | (1.06) | — | (1.28) | 15.84 | 38.72 | 0.52 | 0.47 | 1.08 | 76 | 17 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. |
The accompanying notes are an integral part of the financial statements. | 96 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Small Cap Opportunities Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 32.01 | 0.03 | 1.63 | 1.66 | — | — | — | — | 33.67 | 5.194 | 1.145 | 0.965 | 0.205 | 96 | 10 | |||||||||||||||
12-31-2017 | 31.06 | 0.09 | 3.08 | 3.17 | (0.13) | (2.09) | — | (2.22) | 32.01 | 11.07 | 1.10 | 1.02 | 0.29 | 97 | 41 | |||||||||||||||
12-31-2016 | 28.76 | 0.12 | 5.16 | 5.28 | (0.14) | (2.84) | — | (2.98) | 31.06 | 19.47 | 1.086 | 0.996 | 0.43 | 99 | 32 | |||||||||||||||
12-31-2015 | 31.56 | 0.12 | (1.75) | (1.63) | (0.03) | (1.14) | — | (1.17) | 28.76 | (5.17) | 1.10 | 1.00 | 0.39 | 94 | 25 | |||||||||||||||
12-31-2014 | 30.84 | 0.02 | 0.71 | 0.73 | (0.01) | — | — | (0.01) | 31.56 | 2.38 | 1.10 | 1.00 | 0.08 | 112 | 40 | |||||||||||||||
12-31-2013 | 22.13 | 0.01 | 8.87 | 8.88 | (0.17) | — | — | (0.17) | 30.84 | 40.16 | 1.11 | 1.02 | 0.05 | 131 | 22 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 31.48 | — | 1.59 | 1.59 | — | — | — | — | 33.07 | 5.054 | 1.345 | 1.165 | —5 | 38 | 10 | |||||||||||||||
12-31-2017 | 30.58 | 0.03 | 3.04 | 3.07 | (0.08) | (2.09) | — | (2.17) | 31.48 | 10.86 | 1.30 | 1.22 | 0.09 | 39 | 41 | |||||||||||||||
12-31-2016 | 28.35 | 0.07 | 5.08 | 5.15 | (0.08) | (2.84) | — | (2.92) | 30.58 | 19.25 | 1.286 | 1.196 | 0.23 | 39 | 32 | |||||||||||||||
12-31-2015 | 31.16 | 0.06 | (1.73) | (1.67) | — | (1.14) | — | (1.14) | 28.35 | (5.34) | 1.30 | 1.20 | 0.19 | 39 | 25 | |||||||||||||||
12-31-2014 | 30.51 | (0.04) | 0.69 | 0.65 | — | — | — | — | 31.16 | 2.13 | 1.30 | 1.20 | (0.12) | 46 | 40 | |||||||||||||||
12-31-2013 | 21.90 | (0.04) | 8.78 | 8.74 | (0.13) | — | — | (0.13) | 30.51 | 39.92 | 1.31 | 1.22 | (0.17) | 57 | 22 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 31.85 | 0.04 | 1.61 | 1.65 | — | — | — | — | 33.50 | 5.184 | 1.095 | 0.915 | 0.255 | 30 | 10 | |||||||||||||||
12-31-2017 | 30.90 | 0.11 | 3.08 | 3.19 | (0.15) | (2.09) | — | (2.24) | 31.85 | 11.19 | 1.05 | 0.97 | 0.34 | 29 | 41 | |||||||||||||||
12-31-2016 | 28.63 | 0.14 | 5.13 | 5.27 | (0.16) | (2.84) | — | (3.00) | 30.90 | 19.51 | 1.036 | 0.946 | 0.48 | 85 | 32 | |||||||||||||||
12-31-2015 | 31.42 | 0.14 | (1.75) | (1.61) | (0.04) | (1.14) | — | (1.18) | 28.63 | (5.12) | 1.05 | 0.95 | 0.44 | 86 | 25 | |||||||||||||||
12-31-2014 | 30.70 | 0.04 | 0.70 | 0.74 | (0.02) | — | — | (0.02) | 31.42 | 2.43 | 1.05 | 0.95 | 0.14 | 124 | 40 | |||||||||||||||
12-31-2013 | 22.02 | 0.02 | 8.84 | 8.86 | (0.18) | — | — | (0.18) | 30.70 | 40.27 | 1.06 | 0.97 | 0.08 | 125 | 22 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.03%. | ||||||||||||||||||||||||||||||
Small Cap Stock Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 10.13 | (0.03) | 1.18 | 1.15 | — | — | — | — | 11.28 | 11.354 | 1.115 | 1.105 | (0.56)5 | 102 | 47 | |||||||||||||||
12-31-2017 | 8.01 | (0.06) | 2.18 | 2.12 | — | — | — | — | 10.13 | 26.47 | 1.13 | 1.12 | (0.61) | 89 | 102 | |||||||||||||||
12-31-2016 | 8.61 | (0.02) | 0.20 | 0.18 | — | (0.78) | — | (0.78) | 8.01 | 2.29 | 1.096 | 1.086 | (0.28) | 79 | 95 | |||||||||||||||
12-31-2015 | 11.68 | (0.05) | (0.87) | (0.92) | — | (2.15) | — | (2.15) | 8.61 | (8.85) | 1.14 | 1.13 | (0.46) | 96 | 87 | |||||||||||||||
12-31-2014 | 12.82 | (0.10) | 1.00 | 0.90 | — | (2.04) | — | (2.04) | 11.68 | 7.57 | 1.14 | 1.13 | (0.81) | 117 | 83 | |||||||||||||||
12-31-2013 | 9.29 | (0.08) | 4.13 | 4.05 | — | (0.52) | — | (0.52) | 12.82 | 44.08 | 1.15 | 1.15 | (0.71) | 128 | 114 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 9.66 | (0.04) | 1.12 | 1.08 | — | — | — | — | 10.74 | 11.184 | 1.315 | 1.305 | (0.76)5 | 34 | 47 | |||||||||||||||
12-31-2017 | 7.65 | (0.07) | 2.08 | 2.01 | — | — | — | — | 9.66 | 26.27 | 1.33 | 1.32 | (0.81) | 31 | 102 | |||||||||||||||
12-31-2016 | 8.27 | (0.04) | 0.20 | 0.16 | — | (0.78) | — | (0.78) | 7.65 | 2.14 | 1.296 | 1.286 | (0.47) | 28 | 95 | |||||||||||||||
12-31-2015 | 11.33 | (0.07) | (0.84) | (0.91) | — | (2.15) | — | (2.15) | 8.27 | (9.06) | 1.34 | 1.33 | (0.66) | 32 | 87 | |||||||||||||||
12-31-2014 | 12.52 | (0.12) | 0.97 | 0.85 | — | (2.04) | — | (2.04) | 11.33 | 7.34 | 1.34 | 1.33 | (1.01) | 35 | 83 | |||||||||||||||
12-31-2013 | 9.10 | (0.10) | 4.04 | 3.94 | — | (0.52) | — | (0.52) | 12.52 | 43.79 | 1.35 | 1.35 | (0.91) | 46 | 114 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 10.25 | (0.03) | 1.19 | 1.16 | — | — | — | — | 11.41 | 11.324 | 1.065 | 1.055 | (0.51)5 | 342 | 47 | |||||||||||||||
12-31-2017 | 8.09 | (0.05) | 2.21 | 2.16 | — | — | — | — | 10.25 | 26.70 | 1.08 | 1.07 | (0.56) | 335 | 102 | |||||||||||||||
12-31-2016 | 8.69 | (0.02) | 0.20 | 0.18 | — | (0.78) | — | (0.78) | 8.09 | 2.27 | 1.046 | 1.036 | (0.22) | 267 | 95 | |||||||||||||||
12-31-2015 | 11.76 | (0.04) | (0.88) | (0.92) | — | (2.15) | — | (2.15) | 8.69 | (8.78) | 1.09 | 1.08 | (0.40) | 297 | 87 | |||||||||||||||
12-31-2014 | 12.89 | (0.09) | 1.00 | 0.91 | — | (2.04) | — | (2.04) | 11.76 | 7.60 | 1.09 | 1.08 | (0.76) | 350 | 83 | |||||||||||||||
12-31-2013 | 9.33 | (0.07) | 4.15 | 4.08 | — | (0.52) | — | (0.52) | 12.89 | 44.21 | 1.10 | 1.10 | (0.66) | 393 | 114 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.06%. |
The accompanying notes are an integral part of the financial statements. | 97 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Small Cap Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 20.25 | 0.06 | 0.69 | 0.75 | — | — | — | — | 21.00 | 3.704 | 1.125 | 1.125 | 0.645 | 283 | 6 | |||||||||||||||
12-31-2017 | 21.51 | 0.23 | 0.36 | 0.59 | (0.19) | (1.66) | — | (1.85) | 20.25 | 3.73 | 1.13 | 1.12 | 1.10 | 309 | 19 | |||||||||||||||
12-31-2016 | 20.30 | 0.14 | 4.14 | 4.28 | (0.14) | (2.93) | — | (3.07) | 21.51 | 22.67 | 1.106 | 1.106 | 0.69 | 373 | 16 | |||||||||||||||
12-31-2015 | 24.61 | 0.12 | (0.62) | (0.50) | (0.10) | (3.71) | — | (3.81) | 20.30 | (1.36) | 1.12 | 1.11 | 0.51 | 323 | 22 | |||||||||||||||
12-31-2014 | 26.09 | 0.167 | 1.55 | 1.71 | (0.16) | (3.03) | — | (3.19) | 24.61 | 7.18 | 1.12 | 1.12 | 0.637 | 349 | 22 | |||||||||||||||
12-31-2013 | 20.70 | 0.06 | 6.79 | 6.85 | (0.13) | (1.33) | — | (1.46) | 26.09 | 33.32 | 1.13 | 1.12 | 0.23 | 376 | 24 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 20.13 | 0.04 | 0.69 | 0.73 | — | — | — | — | 20.86 | 3.634 | 1.325 | 1.325 | 0.445 | 33 | 6 | |||||||||||||||
12-31-2017 | 21.40 | 0.19 | 0.35 | 0.54 | (0.15) | (1.66) | — | (1.81) | 20.13 | 3.50 | 1.33 | 1.32 | 0.89 | 35 | 19 | |||||||||||||||
12-31-2016 | 20.21 | 0.10 | 4.12 | 4.22 | (0.10) | (2.93) | — | (3.03) | 21.40 | 22.45 | 1.306 | 1.296 | 0.49 | 41 | 16 | |||||||||||||||
12-31-2015 | 24.52 | 0.07 | (0.62) | (0.55) | (0.05) | (3.71) | — | (3.76) | 20.21 | (1.57) | 1.32 | 1.31 | 0.30 | 36 | 22 | |||||||||||||||
12-31-2014 | 26.01 | 0.117 | 1.54 | 1.65 | (0.11) | (3.03) | — | (3.14) | 24.52 | 6.96 | 1.32 | 1.32 | 0.437 | 43 | 22 | |||||||||||||||
12-31-2013 | 20.66 | 0.01 | 6.77 | 6.78 | (0.10) | (1.33) | — | (1.43) | 26.01 | 33.00 | 1.33 | 1.32 | 0.03 | 49 | 24 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 20.18 | 0.07 | 0.69 | 0.76 | — | — | — | — | 20.94 | 3.774 | 1.075 | 1.075 | 0.705 | 304 | 6 | |||||||||||||||
12-31-2017 | 21.44 | 0.23 | 0.37 | 0.60 | (0.20) | (1.66) | — | (1.86) | 20.18 | 3.79 | 1.08 | 1.07 | 1.12 | 312 | 19 | |||||||||||||||
12-31-2016 | 20.25 | 0.15 | 4.12 | 4.27 | (0.15) | (2.93) | — | (3.08) | 21.44 | 22.68 | 1.056 | 1.056 | 0.74 | 313 | 16 | |||||||||||||||
12-31-2015 | 24.56 | 0.13 | (0.62) | (0.49) | (0.11) | (3.71) | — | (3.82) | 20.25 | (1.31) | 1.07 | 1.06 | 0.56 | 292 | 22 | |||||||||||||||
12-31-2014 | 26.04 | 0.177 | 1.55 | 1.72 | (0.17) | (3.03) | — | (3.20) | 24.56 | 7.25 | 1.07 | 1.07 | 0.687 | 330 | 22 | |||||||||||||||
12-31-2013 | 20.67 | 0.07 | 6.77 | 6.84 | (0.14) | (1.33) | — | (1.47) | 26.04 | 33.33 | 1.08 | 1.07 | 0.28 | 371 | 24 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. 7 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.06 and 0.22%, respectively. | ||||||||||||||||||||||||||||||
Small Company Value Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 20.86 | 0.03 | 0.67 | 0.70 | — | — | — | — | 21.56 | 3.364 | 1.155 | 1.095 | 0.305 | 64 | 13 | |||||||||||||||
12-31-2017 | 22.06 | 0.07 | 2.07 | 2.14 | (0.05) | (3.29) | — | (3.34) | 20.86 | 11.49 | 1.15 | 1.09 | 0.34 | 66 | 19 | |||||||||||||||
12-31-2016 | 19.68 | 0.17 | 5.72 | 5.89 | (0.15) | (3.36) | — | (3.51) | 22.06 | 32.32 | 1.126 | 1.066 | 0.83 | 72 | 24 | |||||||||||||||
12-31-2015 | 24.72 | 0.20 | (1.61) | (1.41) | (0.30) | (3.33) | — | (3.63) | 19.68 | (5.60) | 1.13 | 1.07 | 0.86 | 60 | 35 | |||||||||||||||
12-31-2014 | 25.26 | 0.14 | (0.12) | 0.02 | (0.01) | (0.55) | — | (0.56) | 24.72 | 0.11 | 1.12 | 1.06 | 0.55 | 74 | 16 | |||||||||||||||
12-31-2013 | 19.50 | 0.07 | 6.08 | 6.15 | (0.39) | — | — | (0.39) | 25.26 | 31.61 | 1.13 | 1.07 | 0.32 | 88 | 7 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 20.43 | 0.01 | 0.66 | 0.67 | — | — | — | — | 21.10 | 3.284 | 1.355 | 1.295 | 0.105 | 52 | 13 | |||||||||||||||
12-31-2017 | 21.71 | 0.03 | 2.02 | 2.05 | (0.04) | (3.29) | — | (3.33) | 20.43 | 11.26 | 1.35 | 1.29 | 0.14 | 55 | 19 | |||||||||||||||
12-31-2016 | 19.42 | 0.13 | 5.63 | 5.76 | (0.11) | (3.36) | — | (3.47) | 21.71 | 32.05 | 1.326 | 1.266 | 0.63 | 58 | 24 | |||||||||||||||
12-31-2015 | 24.40 | 0.15 | (1.58) | (1.43) | (0.22) | (3.33) | — | (3.55) | 19.42 | (5.79) | 1.33 | 1.27 | 0.66 | 49 | 35 | |||||||||||||||
12-31-2014 | 24.99 | 0.08 | (0.12) | (0.04) | — | (0.55) | — | (0.55) | 24.40 | (0.12) | 1.32 | 1.26 | 0.34 | 61 | 16 | |||||||||||||||
12-31-2013 | 19.32 | 0.03 | 6.02 | 6.05 | (0.38) | — | — | (0.38) | 24.99 | 31.41 | 1.33 | 1.27 | 0.12 | 75 | 7 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 20.81 | 0.04 | 0.66 | 0.70 | — | — | — | — | 21.51 | 3.364 | 1.105 | 1.045 | 0.355 | 172 | 13 | |||||||||||||||
12-31-2017 | 22.00 | 0.08 | 2.07 | 2.15 | (0.05) | (3.29) | — | (3.34) | 20.81 | 11.58 | 1.10 | 1.04 | 0.39 | 178 | 19 | |||||||||||||||
12-31-2016 | 19.64 | 0.17 | 5.71 | 5.88 | (0.16) | (3.36) | — | (3.52) | 22.00 | 32.33 | 1.076 | 1.016 | 0.86 | 156 | 24 | |||||||||||||||
12-31-2015 | 24.69 | 0.21 | (1.60) | (1.39) | (0.33) | (3.33) | — | (3.66) | 19.64 | (5.51) | 1.08 | 1.02 | 0.91 | 187 | 35 | |||||||||||||||
12-31-2014 | 25.22 | 0.15 | (0.12) | 0.03 | (0.01) | (0.55) | — | (0.56) | 24.69 | 0.14 | 1.07 | 1.01 | 0.60 | 224 | 16 | |||||||||||||||
12-31-2013 | 19.46 | 0.09 | 6.06 | 6.15 | (0.39) | — | — | (0.39) | 25.22 | 31.68 | 1.08 | 1.02 | 0.38 | 259 | 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 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.03%. |
The accompanying notes are an integral part of the financial statements. | 98 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Strategic Equity Allocation Trust | ||||||||||||||||||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 19.88 | 0.21 | (0.02) | 0.19 | — | — | — | — | 20.07 | 0.964 | 0.665 | 0.535 | 2.055 | 10,813 | 2 | |||||||||||||||
12-31-2017 | 16.86 | 0.32 | 3.31 | 3.63 | (0.34) | (0.27) | — | (0.61) | 19.88 | 21.77 | 0.66 | 0.54 | 1.72 | 11,485 | 5 | |||||||||||||||
12-31-2016 | 16.09 | 0.32 | 1.08 | 1.40 | (0.29) | (0.34) | — | (0.63) | 16.86 | 8.81 | 0.67 | 0.53 | 1.96 | 11,117 | 18 | |||||||||||||||
12-31-2015 | 17.14 | 0.31 | (0.39) | (0.08) | (0.32) | (0.65) | — | (0.97) | 16.09 | (0.35) | 0.67 | 0.53 | 1.83 | 9,945 | 7 | |||||||||||||||
12-31-2014 | 16.85 | 0.33 | 0.75 | 1.08 | (0.32) | (0.47) | — | (0.79) | 17.14 | 6.40 | 0.66 | 0.52 | 1.92 | 11,176 | 13 | |||||||||||||||
12-31-2013 | 13.27 | 0.27 | 3.60 | 3.87 | (0.25) | (0.04) | — | (0.29) | 16.85 | 29.23 | 0.66 | 0.50 | 1.77 | 11,162 | 19 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. | ||||||||||||||||||||||||||||||
Total Stock Market Index Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 22.39 | 0.16 | 0.54 | 0.70 | — | — | — | — | 23.09 | 3.134 | 0.575 | 0.495 | 1.445 | 569 | 1 | |||||||||||||||
12-31-2017 | 19.21 | 0.31 | 3.58 | 3.89 | (0.28) | (0.43) | — | (0.71) | 22.39 | 20.59 | 0.57 | 0.53 | 1.48 | 584 | 66 | |||||||||||||||
12-31-2016 | 17.61 | 0.29 | 1.87 | 2.16 | (0.26) | (0.30) | — | (0.56) | 19.21 | 12.38 | 0.57 | 0.57 | 1.61 | 473 | 3 | |||||||||||||||
12-31-2015 | 18.53 | 0.26 | (0.40) | (0.14) | (0.24) | (0.54) | — | (0.78) | 17.61 | (0.64) | 0.57 | 0.56 | 1.41 | 440 | 4 | |||||||||||||||
12-31-2014 | 17.08 | 0.24 | 1.71 | 1.95 | (0.21) | (0.29) | — | (0.50) | 18.53 | 11.47 | 0.57 | 0.56 | 1.38 | 465 | 5 | |||||||||||||||
12-31-2013 | 13.15 | 0.21 | 4.16 | 4.37 | (0.22) | (0.22) | — | (0.44) | 17.08 | 33.39 | 0.56 | 0.56 | 1.38 | 424 | 3 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 22.31 | 0.14 | 0.53 | 0.67 | — | — | — | — | 22.98 | 3.004 | 0.775 | 0.695 | 1.245 | 43 | 1 | |||||||||||||||
12-31-2017 | 19.15 | 0.27 | 3.56 | 3.83 | (0.24) | (0.43) | — | (0.67) | 22.31 | 20.33 | 0.77 | 0.73 | 1.28 | 45 | 66 | |||||||||||||||
12-31-2016 | 17.56 | 0.25 | 1.87 | 2.12 | (0.23) | (0.30) | — | (0.53) | 19.15 | 12.15 | 0.77 | 0.77 | 1.41 | 36 | 3 | |||||||||||||||
12-31-2015 | 18.48 | 0.22 | (0.40) | (0.18) | (0.20) | (0.54) | — | (0.74) | 17.56 | (0.83) | 0.77 | 0.76 | 1.20 | 35 | 4 | |||||||||||||||
12-31-2014 | 17.03 | 0.21 | 1.71 | 1.92 | (0.18) | (0.29) | — | (0.47) | 18.48 | 11.30 | 0.77 | 0.76 | 1.17 | 42 | 5 | |||||||||||||||
12-31-2013 | 13.12 | 0.18 | 4.14 | 4.32 | (0.19) | (0.22) | — | (0.41) | 17.03 | 33.09 | 0.76 | 0.76 | 1.19 | 44 | 3 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 22.38 | 0.17 | 0.54 | 0.71 | — | — | — | — | 23.09 | 3.174 | 0.525 | 0.445 | 1.485 | 151 | 1 | |||||||||||||||
12-31-2017 | 19.20 | 0.32 | 3.58 | 3.90 | (0.29) | (0.43) | — | (0.72) | 22.38 | 20.65 | 0.52 | 0.48 | 1.53 | 165 | 66 | |||||||||||||||
12-31-2016 | 17.61 | 0.30 | 1.86 | 2.16 | (0.27) | (0.30) | — | (0.57) | 19.20 | 12.38 | 0.52 | 0.52 | 1.67 | 132 | 3 | |||||||||||||||
12-31-2015 | 18.52 | 0.27 | (0.39) | (0.12) | (0.25) | (0.54) | — | (0.79) | 17.61 | (0.53) | 0.52 | 0.51 | 1.46 | 99 | 4 | |||||||||||||||
12-31-2014 | 17.08 | 0.25 | 1.70 | 1.95 | (0.22) | (0.29) | — | (0.51) | 18.52 | 11.46 | 0.52 | 0.51 | 1.43 | 95 | 5 | |||||||||||||||
12-31-2013 | 13.15 | 0.22 | 4.16 | 4.38 | (0.23) | (0.22) | — | (0.45) | 17.08 | 33.45 | 0.51 | 0.51 | 1.44 | 88 | 3 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Excludes merger activity. |
The accompanying notes are an integral part of the financial statements. | 99 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||
Net | ||||||||||||||||||||||||||||||
realized | ||||||||||||||||||||||||||||||
and | ||||||||||||||||||||||||||||||
unreal- | Total | |||||||||||||||||||||||||||||
ized | from | |||||||||||||||||||||||||||||
Net asset | Net | gain | invest- | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | investment | (loss) | ment | From net | From net | From tax | Total | Net asset | before | including | investment | assets, | ||||||||||||||||||
beginning | income | on invest- | opera- | investment | realized | return | distribu- | value, end | Total | reduc- | reduc- | income | end of | Portfolio | ||||||||||||||||
Period | of period | (loss) | ments | tions | income | gain | of capital | tions | of period | return | tions | tions | (loss) | period (in | turnover | |||||||||||||||
ended | ($) | ($)1 | ($) | ($) | ($) | ($) | ($) | ($) | ($) | (%)2 | (%) | (%) | (%) | millions) | (%) | |||||||||||||||
Utilities Trust | ||||||||||||||||||||||||||||||
SERIES I | ||||||||||||||||||||||||||||||
6-30-20183 | 14.12 | 0.24 | 0.09 | 0.33 | — | — | — | — | 14.45 | 2.344 | 0.945 | 0.935 | 3.435 | 230 | 11 | |||||||||||||||
12-31-2017 | 12.60 | 0.40 | 1.46 | 1.86 | (0.34) | — | — | (0.34) | 14.12 | 14.74 | 0.94 | 0.93 | 2.90 | 260 | 26 | |||||||||||||||
12-31-2016 | 12.05 | 0.39 | 0.99 | 1.38 | (0.60) | (0.23) | — | (0.83) | 12.60 | 11.36 | 0.896 | 0.886 | 3.00 | 278 | 31 | |||||||||||||||
12-31-2015 | 16.27 | 0.38 | (2.66) | (2.28) | (0.46) | (1.48) | — | (1.94) | 12.05 | (14.76) | 0.92 | 0.92 | 2.51 | 298 | 37 | |||||||||||||||
12-31-2014 | 15.44 | 0.497 | 1.48 | 1.97 | (0.51) | (0.63) | — | (1.14) | 16.27 | 12.59 | 0.93 | 0.92 | 2.937 | 441 | 53 | |||||||||||||||
12-31-2013 | 13.06 | 0.48 | 2.20 | 2.68 | (0.30) | — | — | (0.30) | 15.44 | 20.57 | 0.95 | 0.95 | 3.25 | 416 | 58 | |||||||||||||||
SERIES II | ||||||||||||||||||||||||||||||
6-30-20183 | 13.97 | 0.22 | 0.10 | 0.32 | — | — | — | — | 14.29 | 2.294 | 1.145 | 1.135 | 3.245 | 13 | 11 | |||||||||||||||
12-31-2017 | 12.47 | 0.37 | 1.44 | 1.81 | (0.31) | — | — | (0.31) | 13.97 | 14.52 | 1.14 | 1.13 | 2.70 | 15 | 26 | |||||||||||||||
12-31-2016 | 11.93 | 0.36 | 0.98 | 1.34 | (0.57) | (0.23) | — | (0.80) | 12.47 | 11.16 | 1.09 | 1.08 | 2.80 | 15 | 31 | |||||||||||||||
12-31-2015 | 16.14 | 0.34 | (2.64) | (2.30) | (0.43) | (1.48) | — | (1.91) | 11.93 | (15.02) | 1.12 | 1.12 | 2.30 | 15 | 37 | |||||||||||||||
12-31-2014 | 15.32 | 0.467 | 1.47 | 1.93 | (0.48) | (0.63) | — | (1.11) | 16.14 | 12.41 | 1.13 | 1.12 | 2.797 | 23 | 53 | |||||||||||||||
12-31-2013 | 12.96 | 0.41 | 2.22 | 2.63 | (0.27) | — | — | (0.27) | 15.32 | 20.35 | 1.15 | 1.15 | 2.81 | 25 | 58 | |||||||||||||||
SERIES NAV | ||||||||||||||||||||||||||||||
6-30-20183 | 14.10 | 0.24 | 0.09 | 0.33 | — | — | — | — | 14.43 | 2.344 | 0.895 | 0.885 | 3.505 | 29 | 11 | |||||||||||||||
12-31-2017 | 12.58 | 0.41 | 1.45 | 1.86 | (0.34) | — | — | (0.34) | 14.10 | 14.82 | 0.89 | 0.88 | 2.95 | 30 | 26 | |||||||||||||||
12-31-2016 | 12.03 | 0.39 | 0.99 | 1.38 | (0.60) | (0.23) | — | (0.83) | 12.58 | 11.43 | 0.84 | 0.84 | 3.02 | 28 | 31 | |||||||||||||||
12-31-2015 | 16.26 | 0.39 | (2.67) | (2.28) | (0.47) | (1.48) | — | (1.95) | 12.03 | (14.79) | 0.87 | 0.87 | 2.58 | 30 | 37 | |||||||||||||||
12-31-2014 | 15.42 | 0.507 | 1.49 | 1.99 | (0.52) | (0.63) | — | (1.15) | 16.26 | 12.72 | 0.88 | 0.87 | 2.987 | 40 | 53 | |||||||||||||||
12-31-2013 | 13.04 | 0.45 | 2.24 | 2.69 | (0.31) | — | — | (0.31) | 15.42 | 20.65 | 0.90 | 0.90 | 3.06 | 32 | 58 | |||||||||||||||
1 Based on average daily shares outstanding. 2 Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3 Six months ended 6-30-18. Unaudited. 4 Not annualized. 5 Annualized. 6 Includes reimbursement for overbilling of custody expenses in prior years of 0.04%. 7 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.09 and 0.52%, respectively. |
The accompanying notes are an integral part of the financial statements. | 100 |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Blue Chip Growth Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 414,099,103 | $ | 414,099,103 | — | — | |||||||||||||
Consumer staples | 1,970,247 | 1,970,247 | — | — | |||||||||||||||
Financials | 160,356,365 | 160,356,365 | — | — | |||||||||||||||
Health care | 292,138,548 | 292,138,548 | — | — | |||||||||||||||
Industrials | 156,407,867 | 156,407,867 | — | — | |||||||||||||||
Information technology | 779,799,142 | 742,373,625 | $ | 37,425,517 | — | ||||||||||||||
Materials | 10,473,332 | 10,473,332 | — | — | |||||||||||||||
Real estate | 4,637,214 | 4,637,214 | — | — | |||||||||||||||
Utilities | 5,141,440 | 5,141,440 | — | — | |||||||||||||||
Securities lending collateral | 24,946,260 | 24,946,260 | — | — | |||||||||||||||
Short-term investments | 11,712,148 | 11,712,148 | — | — | |||||||||||||||
Total investments in securities | $ | 1,861,681,666 | $ | 1,824,256,149 | $ | 37,425,517 | — | ||||||||||||
Capital Appreciation Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 233,142,472 | $ | 214,003,245 | $ | 19,139,227 | — | ||||||||||||
Consumer staples | 51,624,874 | 51,624,874 | — | — | |||||||||||||||
Energy | 11,980,557 | 11,980,557 | — | — | |||||||||||||||
Financials | 43,213,258 | 43,213,258 | — | — | |||||||||||||||
Health care | 83,618,643 | 83,618,643 | — | — | |||||||||||||||
Industrials | 66,075,919 | 66,075,919 | — | — | |||||||||||||||
Information technology | 537,833,646 | 502,195,294 | 35,638,352 | — | |||||||||||||||
Materials | 9,400,739 | 9,400,739 | — | — | |||||||||||||||
Securities lending collateral | 21,028,393 | 21,028,393 | — | — | |||||||||||||||
Short-term investments | 20,120,179 | 20,120,179 | — | — | |||||||||||||||
Total investments in securities | $ | 1,078,038,680 | $ | 1,023,261,101 | $ | 54,777,579 | — | ||||||||||||
Capital Appreciation Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 29,397,578 | $ | 29,397,578 | — | — | |||||||||||||
Consumer staples | 23,080,905 | 23,080,905 | — | — | |||||||||||||||
Energy | 5,290,581 | 4,451,473 | $ | 839,108 | — | ||||||||||||||
Financials | 28,310,450 | 28,310,450 | — | — | |||||||||||||||
Health care | 54,112,056 | 54,112,056 | — | — | |||||||||||||||
Industrials | 23,270,686 | 23,270,686 | — | — | |||||||||||||||
Information technology | 70,930,554 | 70,825,330 | 105,224 | — | |||||||||||||||
Materials | 941,079 | 941,079 | — | — | |||||||||||||||
Real estate | 7,200,282 | 7,200,282 | — | — | |||||||||||||||
Utilities | 27,446,047 | 27,446,047 | — | — | |||||||||||||||
Preferred securities | 15,044,526 | 15,044,526 | — | — | |||||||||||||||
U.S. Government and Agency obligations | 16,415,299 | — | 16,415,299 | — | |||||||||||||||
Corporate bonds | 64,022,022 | — | 64,022,022 | — | |||||||||||||||
Term loans | 8,994,387 | — | 8,994,387 | — | |||||||||||||||
Asset backed securities | 1,726,663 | — | 1,726,663 | — | |||||||||||||||
Securities lending collateral | 4,255,500 | 4,255,500 | — | — | |||||||||||||||
Short-term investments | 12,043,416 | 9,904,416 | 2,139,000 | — | |||||||||||||||
Total investments in securities | $ | 392,482,031 | $ | 298,240,328 | $ | 94,241,703 | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust (continued) | |||||||||||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Written options | ($1,880,106 | ) | — | ($1,880,106 | ) | — | |||||||||||||
Emerging Markets Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Brazil | $ | 43,956,431 | $ | 43,956,431 | — | — | |||||||||||||
Chile | 9,578,457 | 9,578,457 | — | — | |||||||||||||||
China | 88,095,447 | 6,699,688 | $ | 81,303,362 | $ | 92,397 | |||||||||||||
Colombia | 2,347,278 | 2,347,278 | — | — | |||||||||||||||
Czech Republic | 1,572,568 | — | 1,572,568 | — | |||||||||||||||
Greece | 215,094 | — | 215,094 | — | |||||||||||||||
Hong Kong | 35,432,859 | 1,524,365 | 33,807,392 | 101,102 | |||||||||||||||
Hungary | 1,595,682 | — | 1,595,682 | — | |||||||||||||||
India | 90,815,323 | 2,160,700 | 88,647,815 | 6,808 | |||||||||||||||
Indonesia | 17,339,716 | 7,531 | 17,285,553 | 46,632 | |||||||||||||||
Malaysia | 18,817,572 | — | 18,817,572 | — | |||||||||||||||
Malta | 190,059 | — | 190,059 | — | |||||||||||||||
Mexico | 26,080,585 | 26,006,309 | 74,276 | — | |||||||||||||||
Philippines | 7,343,011 | — | 7,342,900 | 111 | |||||||||||||||
Poland | 8,679,851 | — | 8,679,851 | — | |||||||||||||||
Russia | 14,471,756 | — | 14,471,756 | — | |||||||||||||||
Singapore | 50,309 | — | 50,309 | — | |||||||||||||||
South Africa | 50,317,150 | 2,769,948 | 47,547,202 | — | |||||||||||||||
South Korea | 119,105,224 | 15,268,533 | 103,794,184 | 42,507 | |||||||||||||||
Taiwan | 122,569,830 | 2,090,635 | 116,425,451 | 4,053,744 | |||||||||||||||
Thailand | 21,915,407 | — | 21,910,225 | 5,182 | |||||||||||||||
Turkey | 7,297,728 | — | 7,295,221 | 2,507 | |||||||||||||||
Ukraine | 252,523 | — | 252,523 | — | |||||||||||||||
Vietnam | 12,599 | — | 12,599 | — | |||||||||||||||
Preferred securities | |||||||||||||||||||
Brazil | 12,170,931 | 12,170,931 | — | — | |||||||||||||||
Colombia | 648,910 | 648,910 | — | — | |||||||||||||||
Malaysia | 12,268 | 12,268 | — | — | |||||||||||||||
Panama | 105,163 | 105,163 | — | — | |||||||||||||||
South Korea | 59,408 | — | 59,408 | — | |||||||||||||||
Rights | 29,921 | 29,921 | — | — | |||||||||||||||
Warrants | 28,318 | 28,010 | 308 | — | |||||||||||||||
Securities lending collateral | 13,066,714 | 13,066,714 | — | — | |||||||||||||||
Total investments in securities | $ | 714,174,092 | $ | 138,471,792 | $ | 571,351,310 | $ | 4,350,990 | |||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Futures | $ | 40,779 | $ | 40,779 | — | — | |||||||||||||
Equity Income Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 131,612,577 | $ | 131,612,577 | — | — | |||||||||||||
Consumer staples | 116,482,541 | 116,482,541 | — | — | |||||||||||||||
Energy | 185,163,781 | 148,288,625 | $ | 36,875,156 | — | ||||||||||||||
Financials | 429,732,520 | 429,732,520 | — | — | |||||||||||||||
Health care | 204,773,717 | 193,658,894 | 11,114,823 | — | |||||||||||||||
Industrials | 175,296,567 | 175,296,567 | — | — | |||||||||||||||
Information technology | 136,162,299 | 136,162,299 | — | — | |||||||||||||||
Materials | 97,929,373 | 94,899,110 | 3,030,263 | — | |||||||||||||||
Real estate | 48,837,013 | 48,837,013 | — | — | |||||||||||||||
Telecommunication services | 51,519,875 | 41,763,614 | 9,756,261 | — | |||||||||||||||
Utilities | 86,820,741 | 86,820,741 | — | — | |||||||||||||||
Preferred securities | 38,641,897 | 38,641,897 | — | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Income Trust (continued) | |||||||||||||||||||
Corporate bonds | $ | 7,896,139 | — | $ | 7,896,139 | — | |||||||||||||
Convertible bonds | 3,265,039 | — | 3,265,039 | — | |||||||||||||||
Securities lending collateral | 11,499,330 | $ | 11,499,330 | — | — | ||||||||||||||
Short-term investments | 26,236,187 | 26,236,187 | — | — | |||||||||||||||
Total investments in securities | $ | 1,751,869,596 | $ | 1,679,931,915 | $ | 71,937,681 | — | ||||||||||||
Financial Industries Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Financials | |||||||||||||||||||
Banks | $ | 122,498,461 | $ | 107,381,696 | $ | 15,116,765 | — | ||||||||||||
Capital markets | 19,318,526 | 17,262,604 | 2,055,922 | — | |||||||||||||||
Consumer finance | 12,361,785 | 12,361,785 | — | — | |||||||||||||||
Diversified financial services | 12,138,201 | 9,590,805 | 2,547,396 | — | |||||||||||||||
Insurance | 35,923,594 | 34,966,992 | 956,602 | — | |||||||||||||||
Thrifts and mortgage finance | 2,938,844 | �� | 2,938,844 | — | — | ||||||||||||||
Information technology | |||||||||||||||||||
IT services | 1,331,364 | 1,331,364 | — | — | |||||||||||||||
Real estate | |||||||||||||||||||
Equity real estate investment trusts | 7,925,393 | 5,027,576 | 2,897,817 | — | |||||||||||||||
Real estate management and development | 1,119,604 | — | 1,119,604 | — | |||||||||||||||
Preferred securities | 297,888 | — | 297,888 | — | |||||||||||||||
Convertible bonds | 982,438 | — | 982,438 | — | |||||||||||||||
Warrants | 209,815 | 209,815 | — | — | |||||||||||||||
Securities lending collateral | 717,794 | 717,794 | — | — | |||||||||||||||
Short-term investments | 4,381,000 | — | 4,381,000 | — | |||||||||||||||
Total investments in securities | $ | 222,144,707 | $ | 191,789,275 | $ | 30,355,432 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Forward foreign currency contracts | $ | 193,140 | — | $ | 193,140 | — | |||||||||||||
Liabilities | |||||||||||||||||||
Forward foreign currency contracts | (2,809 | ) | — | (2,809 | ) | — | |||||||||||||
Fundamental Large Cap Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 64,468,785 | $ | 64,468,785 | — | — | |||||||||||||
Consumer staples | 26,914,451 | 10,632,497 | $ | 16,281,954 | — | ||||||||||||||
Energy | 85,168,269 | 85,168,269 | — | — | |||||||||||||||
Financials | 232,759,196 | 232,759,196 | — | — | |||||||||||||||
Health care | 88,076,327 | �� | 88,076,327 | — | — | ||||||||||||||
Industrials | 112,487,561 | 112,487,561 | — | — | |||||||||||||||
Information technology | 105,304,359 | 105,304,359 | — | — | |||||||||||||||
Materials | 16,133,006 | 16,133,006 | — | — | |||||||||||||||
Short-term investments | 8,075,000 | — | 8,075,000 | — | |||||||||||||||
Total investments in securities | $ | 739,386,954 | $ | 715,030,000 | $ | 24,356,954 | — | ||||||||||||
Global Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Canada | $ | 6,316,518 | $ | 6,316,518 | — | — | |||||||||||||
China | 8,836,893 | 6,155,984 | $ | 2,680,909 | — | ||||||||||||||
Denmark | 2,120,025 | — | 2,120,025 | — | |||||||||||||||
France | 14,140,182 | — | 14,140,182 | — | |||||||||||||||
Germany | 11,848,305 | — | 11,848,305 | — | |||||||||||||||
Hong Kong | 6,105,611 | — | 6,105,611 | — | |||||||||||||||
India | 3,115,305 | — | 3,115,305 | — | |||||||||||||||
Ireland | 5,000,870 | 3,925,302 | 1,075,568 | — | |||||||||||||||
Israel | 5,333,376 | 5,333,376 | — | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Trust (continued) | |||||||||||||||||||
Italy | $ | 4,158,131 | — | $ | 4,158,131 | — | |||||||||||||
Japan | 11,271,913 | — | 11,271,913 | — | |||||||||||||||
Luxembourg | 4,985,068 | — | 4,985,068 | — | |||||||||||||||
Netherlands | 13,828,284 | — | 13,828,284 | — | |||||||||||||||
Singapore | 3,491,796 | — | 3,491,796 | — | |||||||||||||||
South Korea | 6,694,538 | $ | 2,721,311 | 3,973,227 | — | ||||||||||||||
Spain | 1,422,870 | — | 1,422,870 | — | |||||||||||||||
Sweden | 3,467,417 | — | 3,467,417 | — | |||||||||||||||
Switzerland | 6,223,350 | — | 6,223,350 | — | |||||||||||||||
Taiwan | 876,700 | — | 876,700 | — | |||||||||||||||
Thailand | 2,607,743 | — | 2,607,743 | — | |||||||||||||||
United Kingdom | 21,388,830 | — | 21,388,830 | — | |||||||||||||||
United States | 70,397,007 | 70,397,007 | — | — | |||||||||||||||
Corporate bonds | 1,057,048 | — | 1,057,048 | — | |||||||||||||||
Securities lending collateral | 5,875,529 | 5,875,529 | — | — | |||||||||||||||
Short-term investments | 5,900,000 | — | 5,900,000 | — | |||||||||||||||
Total investments in securities | $ | 226,463,309 | $ | 100,725,027 | $ | 125,738,282 | — | ||||||||||||
Health Sciences Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 227,629 | — | — | $ | 227,629 | |||||||||||||
Financials | 154,400 | $ | 154,400 | — | — | ||||||||||||||
Health care | 293,764,471 | 286,043,295 | $ | 7,102,365 | 618,811 | ||||||||||||||
Preferred securities | |||||||||||||||||||
Consumer discretionary | 508,295 | — | — | 508,295 | |||||||||||||||
Health care | 1,064,818 | 617,758 | 447,060 | — | |||||||||||||||
Information technology | 152,049 | — | — | 152,049 | |||||||||||||||
Convertible bonds | 461,495 | — | 461,495 | — | |||||||||||||||
Rights | 4,585 | 4,585 | — | — | |||||||||||||||
Short-term investments | 2,354,319 | 2,354,319 | — | — | |||||||||||||||
Total investments in securities | $ | 298,692,061 | $ | 289,174,357 | $ | 8,010,920 | $ | 1,506,784 | |||||||||||
International Equity Index Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Australia | $ | 36,683,420 | — | $ | 36,683,420 | — | |||||||||||||
Austria | 1,269,643 | — | 1,269,643 | — | |||||||||||||||
Belgium | 5,561,494 | — | 5,561,494 | — | |||||||||||||||
Brazil | 6,954,124 | $ | 6,954,124 | — | — | ||||||||||||||
Canada | 50,839,068 | 50,839,068 | — | — | |||||||||||||||
Chile | 1,801,347 | 1,605,126 | 196,221 | — | |||||||||||||||
China | 52,174,246 | 15,621,429 | 36,552,817 | — | |||||||||||||||
Colombia | 906,901 | 906,901 | — | — | |||||||||||||||
Czech Republic | 381,743 | — | 381,743 | — | |||||||||||||||
Denmark | 8,590,665 | — | 8,590,665 | — | |||||||||||||||
Egypt | 199,094 | — | 199,094 | — | |||||||||||||||
Finland | 5,398,741 | — | 5,398,741 | — | |||||||||||||||
France | 55,713,743 | — | 55,713,743 | — | |||||||||||||||
Germany | 46,521,240 | — | 46,521,240 | — | |||||||||||||||
Greece | 643,559 | — | 643,559 | — | |||||||||||||||
Hong Kong | 25,449,084 | 265,580 | 25,171,756 | $ | 11,748 | ||||||||||||||
Hungary | 532,713 | — | 532,713 | — | |||||||||||||||
India | 15,877,429 | 2,763,459 | 13,113,970 | — | |||||||||||||||
Indonesia | 3,785,824 | 9,312 | 3,776,512 | — | |||||||||||||||
Ireland | 5,563,372 | 494,228 | 5,069,144 | — | |||||||||||||||
Isle of Man | 290,899 | — | 290,899 | — | |||||||||||||||
Israel | 2,582,023 | 470,427 | 2,111,596 | — | |||||||||||||||
Italy | 10,400,907 | — | 10,400,907 | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
International Equity Index Trust (continued) | |||||||||||||||||||
Japan | $ | 123,504,869 | — | $ | 123,504,869 | — | |||||||||||||
Jersey, Channel Islands | 259,457 | — | 259,457 | — | |||||||||||||||
Luxembourg | 1,823,157 | — | 1,823,157 | — | |||||||||||||||
Macau | 757,542 | — | 757,542 | — | |||||||||||||||
Malaysia | 4,499,244 | — | 4,499,244 | — | |||||||||||||||
Mexico | 5,388,872 | $ | 5,252,687 | 136,185 | — | ||||||||||||||
Netherlands | 25,147,794 | 1,318,780 | 23,829,014 | — | |||||||||||||||
New Zealand | 1,055,603 | — | 1,055,603 | — | |||||||||||||||
Norway | 3,709,090 | — | 3,709,090 | — | |||||||||||||||
Peru | 792,558 | 792,558 | — | — | |||||||||||||||
Philippines | 1,774,950 | — | 1,774,950 | — | |||||||||||||||
Poland | 2,102,995 | — | 2,102,995 | — | |||||||||||||||
Portugal | 796,252 | — | 796,252 | — | |||||||||||||||
Romania | 114,630 | — | 114,630 | — | |||||||||||||||
Russia | 6,282,690 | 4,828,681 | 1,454,009 | — | |||||||||||||||
Singapore | 6,673,457 | — | 6,673,457 | — | |||||||||||||||
South Africa | 11,995,236 | — | 11,995,236 | — | |||||||||||||||
South Korea | 25,639,337 | 223,559 | 25,291,577 | $ | 124,201 | ||||||||||||||
Spain | 15,434,091 | — | 15,434,091 | — | |||||||||||||||
Sweden | 13,224,722 | — | 13,224,722 | — | |||||||||||||||
Switzerland | 43,812,599 | — | 43,812,599 | — | |||||||||||||||
Taiwan | 19,177,916 | — | 18,922,799 | 255,117 | |||||||||||||||
Thailand | 3,802,585 | — | 3,802,585 | — | |||||||||||||||
Turkey | 1,464,064 | — | 1,464,064 | — | |||||||||||||||
United Arab Emirates | 174,151 | — | 174,151 | — | |||||||||||||||
United Kingdom | 79,730,303 | — | 79,730,303 | — | |||||||||||||||
United States | 811,230 | 430,121 | 381,109 | — | |||||||||||||||
Preferred securities | |||||||||||||||||||
Brazil | 3,558,314 | 3,558,314 | — | — | |||||||||||||||
Germany | 2,859,426 | — | 2,859,426 | — | |||||||||||||||
Italy | 281,662 | — | 281,662 | — | |||||||||||||||
South Korea | 1,333,864 | 41,680 | 1,292,184 | — | |||||||||||||||
Rights | 34,776 | 34,775 | 1 | — | |||||||||||||||
Securities lending collateral | 22,919,447 | 22,919,447 | — | — | |||||||||||||||
Short-term investments | 11,076,013 | 11,076,013 | — | — | |||||||||||||||
Total investments in securities | $ | 780,134,175 | $ | 130,406,269 | $ | 649,336,840 | $ | 391,066 | |||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Futures | $ | 114 | $ | 114 | — | — | |||||||||||||
Liabilities | |||||||||||||||||||
Futures | (1,006,526 | ) | (1,006,526 | ) | — | — | |||||||||||||
International Growth Stock Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Australia | $ | 16,727,276 | — | $ | 16,727,276 | — | |||||||||||||
Brazil | 12,007,899 | $ | 12,007,899 | — | — | ||||||||||||||
Canada | 35,331,374 | 35,331,374 | — | — | |||||||||||||||
China | 18,366,488 | 4,662,436 | 13,704,052 | — | |||||||||||||||
Denmark | 6,062,355 | — | 6,062,355 | — | |||||||||||||||
France | 27,787,732 | — | 27,787,732 | — | |||||||||||||||
Germany | 34,757,890 | — | 34,757,890 | — | |||||||||||||||
Hong Kong | 12,430,200 | — | 12,430,200 | — | |||||||||||||||
Italy | 8,963,474 | — | 8,963,474 | — | |||||||||||||||
Japan | 25,210,414 | — | 25,210,414 | — | |||||||||||||||
Mexico | 8,616,589 | 8,616,589 | — | — | |||||||||||||||
Netherlands | 15,571,366 | — | 15,571,366 | — | |||||||||||||||
Singapore | 6,299,033 | — | 6,299,033 | — | |||||||||||||||
South Korea | 13,416,071 | — | 13,416,071 | — | |||||||||||||||
Spain | 5,276,244 | — | 5,276,244 | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
International Growth Stock Trust (continued) | |||||||||||||||||||
Sweden | $ | 9,409,404 | — | $ | 9,409,404 | — | |||||||||||||
Switzerland | 25,480,529 | — | 25,480,529 | — | |||||||||||||||
Taiwan | 8,201,747 | — | 8,201,747 | — | |||||||||||||||
Thailand | 3,058,194 | — | 3,058,194 | — | |||||||||||||||
Turkey | 3,262,409 | — | 3,262,409 | — | |||||||||||||||
United Kingdom | 41,339,419 | — | 41,339,419 | — | |||||||||||||||
United States | 14,584,124 | $ | 14,584,124 | — | — | ||||||||||||||
Short-term investments | 12,472,631 | 12,472,631 | — | — | |||||||||||||||
Total investments in securities | $ | 364,632,862 | $ | 87,675,053 | $ | 276,957,809 | — | ||||||||||||
International Small Company Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Australia | $ | 9,274,598 | $ | 88,567 | $ | 9,174,731 | $ | 11,300 | |||||||||||
Austria | 1,994,907 | — | 1,994,907 | — | |||||||||||||||
Belgium | 2,036,928 | — | 2,036,928 | — | |||||||||||||||
Bermuda | 282,190 | — | 282,190 | — | |||||||||||||||
Canada | 12,046,788 | 11,976,801 | 69,701 | 286 | |||||||||||||||
China | 150,954 | — | 150,954 | — | |||||||||||||||
Denmark | 3,102,863 | — | 3,102,863 | — | |||||||||||||||
Finland | 3,703,978 | — | 3,703,978 | — | |||||||||||||||
France | 5,725,802 | — | 5,725,802 | — | |||||||||||||||
Gabon | 3,554 | — | 3,554 | — | |||||||||||||||
Georgia | 61,781 | — | 61,781 | — | |||||||||||||||
Germany | 7,882,424 | — | 7,882,424 | — | |||||||||||||||
Gibraltar | 43,509 | — | 43,509 | — | |||||||||||||||
Greece | 158 | — | — | 158 | |||||||||||||||
Guernsey, Channel Islands | 3,567 | — | 3,567 | — | |||||||||||||||
Hong Kong | 3,913,229 | — | 3,866,912 | 46,317 | |||||||||||||||
India | 43,974 | — | 43,974 | — | |||||||||||||||
Ireland | 946,906 | — | 946,906 | — | |||||||||||||||
Isle of Man | 126,237 | — | 126,237 | — | |||||||||||||||
Israel | 927,027 | 4,703 | 922,324 | — | |||||||||||||||
Italy | 5,889,961 | — | 5,889,961 | — | |||||||||||||||
Japan | 33,464,958 | — | 33,464,958 | — | |||||||||||||||
Jersey, Channel Islands | 278,845 | — | 278,845 | — | |||||||||||||||
Jordan | 27,989 | — | 27,989 | — | |||||||||||||||
Liechtenstein | 80,605 | — | 80,605 | — | |||||||||||||||
Luxembourg | 423,660 | — | 423,660 | — | |||||||||||||||
Macau | 21,190 | — | 21,190 | — | |||||||||||||||
Malaysia | 28,746 | — | 28,746 | — | |||||||||||||||
Malta | 81,581 | — | 81,581 | — | |||||||||||||||
Monaco | 73,676 | 57,116 | 16,560 | — | |||||||||||||||
Mongolia | 5,664 | — | 5,664 | — | |||||||||||||||
Netherlands | 3,543,339 | — | 3,543,339 | — | |||||||||||||||
New Zealand | 920,068 | — | 920,068 | — | |||||||||||||||
Norway | 1,125,143 | — | 1,125,143 | — | |||||||||||||||
Peru | 41,495 | — | 41,495 | — | |||||||||||||||
Portugal | 697,459 | — | 697,459 | — | |||||||||||||||
Russia | 22,493 | — | 22,493 | — | |||||||||||||||
Singapore | 1,398,211 | — | 1,386,710 | 11,501 | |||||||||||||||
South Africa | 67,353 | — | 67,353 | — | |||||||||||||||
Spain | 3,636,954 | — | 3,636,954 | — | |||||||||||||||
Sweden | 3,559,938 | — | 3,559,938 | — | |||||||||||||||
Switzerland | 6,444,791 | — | 6,444,791 | — | |||||||||||||||
United Arab Emirates | 41,242 | — | 41,242 | — | |||||||||||||||
United Kingdom | 21,836,900 | — | 21,824,286 | 12,614 | |||||||||||||||
United States | 382,112 | 181,044 | 201,068 | — | |||||||||||||||
Preferred securities | 329,320 | — | 329,320 | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
International Small Company Trust (continued) | |||||||||||||||||||
Rights | $ | 36,825 | $ | 35,694 | $ | 1,131 | — | ||||||||||||
Warrants | 230 | — | 230 | — | |||||||||||||||
Securities lending collateral | 10,831,874 | 10,831,874 | — | — | |||||||||||||||
Total investments in securities | $ | 147,563,996 | $ | 23,175,799 | $ | 124,306,021 | $ | 82,176 | |||||||||||
International Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Canada | $ | 49,741,269 | $ | 49,741,269 | — | — | |||||||||||||
China | 66,616,877 | 23,250,899 | $ | 43,365,978 | — | ||||||||||||||
Denmark | 13,485,821 | — | 13,485,821 | — | |||||||||||||||
France | 51,669,580 | — | 51,669,580 | — | |||||||||||||||
Germany | 60,252,734 | — | 60,252,734 | — | |||||||||||||||
Hong Kong | 26,625,123 | — | 26,625,123 | — | |||||||||||||||
India | 6,693,584 | — | 6,693,584 | — | |||||||||||||||
Ireland | 24,448,460 | — | 24,448,460 | — | |||||||||||||||
Israel | 23,526,147 | 23,526,147 | — | — | |||||||||||||||
Italy | 17,079,908 | — | 17,079,908 | — | |||||||||||||||
Japan | 91,458,417 | — | 91,458,417 | — | |||||||||||||||
Luxembourg | 12,810,149 | — | 12,810,149 | — | |||||||||||||||
Malta | 2 | — | — | $ | 2 | ||||||||||||||
Netherlands | 63,256,860 | — | 63,256,860 | — | |||||||||||||||
Singapore | 10,751,676 | 110,226 | 10,641,450 | — | |||||||||||||||
South Korea | 48,132,111 | 11,487,578 | 36,644,533 | — | |||||||||||||||
Sweden | 3,691,037 | — | 3,691,037 | — | |||||||||||||||
Switzerland | 31,985,461 | — | 31,985,461 | — | |||||||||||||||
Taiwan | 20,032,784 | — | 20,032,784 | — | |||||||||||||||
Thailand | 16,006,640 | — | 16,006,640 | — | |||||||||||||||
United Kingdom | 135,441,302 | — | 135,441,302 | — | |||||||||||||||
Securities lending collateral | 18,296,146 | 18,296,146 | — | — | |||||||||||||||
Short-term investments | 22,500,000 | — | 22,500,000 | — | |||||||||||||||
Total investments in securities | $ | 814,502,088 | $ | 126,412,265 | $ | 688,089,821 | $ | 2 | |||||||||||
Lifestyle Growth Portfolio | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 6,633,101,650 | $ | 6,633,101,650 | — | — | |||||||||||||
Common stocks | |||||||||||||||||||
Health care | 250 | — | — | $ | 250 | ||||||||||||||
Industrials | 520,352 | — | $ | 520,293 | 59 | ||||||||||||||
Total investments in securities | $ | 6,633,622,252 | $ | 6,633,101,650 | $ | 520,293 | $ | 309 | |||||||||||
Mid Cap Stock Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 205,845,837 | $ | 205,404,911 | — | $ | 440,926 | ||||||||||||
Consumer staples | 8,059,585 | 8,059,585 | — | — | |||||||||||||||
Energy | 8,793,700 | 8,793,700 | — | — | |||||||||||||||
Financials | 20,380,563 | 20,047,573 | $ | 237,642 | 95,348 | ||||||||||||||
Health care | 127,851,683 | 124,734,533 | 3,117,150 | — | |||||||||||||||
Industrials | 90,964,869 | 90,964,869 | — | — | |||||||||||||||
Information technology | 217,162,298 | 204,443,153 | 10,848,607 | 1,870,538 | |||||||||||||||
Materials | 20,205,684 | 20,205,684 | — | — | |||||||||||||||
Real estate | 470,896 | — | — | 470,896 | |||||||||||||||
Preferred securities | 48,577,037 | — | — | 48,577,037 | |||||||||||||||
Warrants | 893,560 | 893,560 | — | — | |||||||||||||||
Securities lending collateral | 69,097,324 | 69,097,324 | — | — | |||||||||||||||
Short-term investments | 40,200,000 | — | 40,200,000 | — | |||||||||||||||
Total investments in securities | $ | 858,503,036 | $ | 752,644,892 | $ | 54,403,399 | $ | 51,454,745 |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mid Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 46,019,199 | $ | 46,019,199 | — | — | |||||||||||||
Consumer staples | 91,290,351 | 80,030,434 | $ | 11,259,917 | — | ||||||||||||||
Energy | 90,147,130 | 90,147,130 | — | — | |||||||||||||||
Financials | 137,869,389 | 132,524,501 | 5,344,888 | — | |||||||||||||||
Health care | 108,019,138 | 108,019,138 | — | — | |||||||||||||||
Industrials | 71,553,886 | 68,735,906 | 2,817,980 | — | |||||||||||||||
Information technology | 11,299,701 | 11,299,701 | — | — | |||||||||||||||
Materials | 58,543,504 | 58,543,504 | — | — | |||||||||||||||
Real estate | 57,910,306 | 57,910,306 | — | — | |||||||||||||||
Telecommunication services | 1,901,632 | 1,901,632 | — | — | |||||||||||||||
Utilities | 49,167,181 | 49,167,181 | — | — | |||||||||||||||
Preferred securities | 1,967,976 | 1,967,976 | — | — | |||||||||||||||
Securities lending collateral | 37,860,796 | 37,860,796 | — | — | |||||||||||||||
Short-term investments | 65,449,280 | 65,449,280 | — | — | |||||||||||||||
Total investments in securities | $ | 828,999,469 | $ | 809,576,684 | $ | 19,422,785 | — | ||||||||||||
Mutual Shares Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 14,337,496 | $ | 12,400,252 | $ | 1,937,244 | — | ||||||||||||
Consumer staples | 12,277,171 | 9,121,376 | 3,155,795 | — | |||||||||||||||
Energy | 15,924,222 | 11,668,269 | 4,255,953 | — | |||||||||||||||
Financials | 33,266,313 | 32,210,907 | 1,055,406 | — | |||||||||||||||
Health care | 19,827,531 | 19,827,531 | — | — | |||||||||||||||
Industrials | 11,045,112 | 7,753,544 | 3,291,568 | — | |||||||||||||||
Information technology | 19,242,836 | 15,958,759 | 3,284,077 | — | |||||||||||||||
Materials | 5,427,806 | 3,376,218 | 2,051,588 | — | |||||||||||||||
Real estate | 3,028,194 | 3,028,194 | — | — | |||||||||||||||
Telecommunication services | 4,985,968 | 3,352,383 | 1,633,585 | — | |||||||||||||||
Utilities | 5,498,596 | 5,498,596 | — | — | |||||||||||||||
Corporate bonds | 5,067,775 | — | 5,067,775 | — | |||||||||||||||
Rights | 117,110 | — | 117,110 | — | |||||||||||||||
Escrow certificates | 41 | — | 41 | — | |||||||||||||||
Securities lending collateral | 1,379,649 | 1,379,649 | — | — | |||||||||||||||
Short-term investments | 13,690,831 | — | 13,690,831 | — | |||||||||||||||
Total investments in securities | $ | 165,116,651 | $ | 125,575,678 | $ | 39,540,973 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Forward foreign currency contracts | $ | 119,923 | — | $ | 119,923 | — | |||||||||||||
Liabilities | |||||||||||||||||||
Forward foreign currency contracts | (23,452 | ) | — | (23,452 | ) | — | |||||||||||||
Science & Technology Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 125,262,059 | $ | 120,393,147 | $ | 4,868,912 | — | ||||||||||||
Health care | 14,284,973 | 6,308,069 | 7,976,904 | — | |||||||||||||||
Industrials | 4,988,012 | 4,988,012 | — | — | |||||||||||||||
Information technology | 645,982,251 | 574,850,519 | 71,131,732 | — | |||||||||||||||
Materials | 4,831,936 | 4,831,936 | — | — | |||||||||||||||
Telecommunication services | 1,863,751 | — | 1,863,751 | — | |||||||||||||||
Preferred securities | 1,397,986 | — | — | $ | 1,397,986 | ||||||||||||||
Securities lending collateral | 32,133,355 | 32,133,355 | — | — | |||||||||||||||
Short-term investments | 54,653,351 | 25,410,351 | 29,243,000 | — | |||||||||||||||
Total investments in securities | $ | 885,397,674 | $ | 768,915,389 | $ | 115,084,299 | $ | 1,397,986 | |||||||||||
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Small Cap Index Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 82,860,469 | $ | 82,822,874 | $ | 34,773 | $ | 2,822 | |||||||||||
Consumer staples | 17,258,748 | 17,258,748 | — | — | |||||||||||||||
Energy | 31,079,545 | 31,079,545 | — | — | |||||||||||||||
Financials | 111,421,372 | 111,416,952 | — | 4,420 | |||||||||||||||
Health care | 97,234,255 | 97,098,616 | — | 135,639 | |||||||||||||||
Industrials | 92,729,373 | 92,729,373 | — | — | |||||||||||||||
Information technology | 92,529,387 | 92,529,387 | — | — | |||||||||||||||
Materials | 26,908,988 | 26,908,988 | — | — | |||||||||||||||
Real estate | 45,169,968 | 45,169,968 | — | — | |||||||||||||||
Telecommunication services | 4,192,483 | 4,192,483 | — | — | |||||||||||||||
Utilities | 20,571,101 | 20,571,101 | — | — | |||||||||||||||
Preferred securities | 35,042 | 35,042 | — | — | |||||||||||||||
Warrants | 14 | — | 14 | — | |||||||||||||||
Securities lending collateral | 65,016,790 | 65,016,790 | — | — | |||||||||||||||
Short-term investments | 19,991,935 | — | 19,991,935 | — | |||||||||||||||
Total investments in securities | $ | 706,999,470 | $ | 686,829,867 | $ | 20,026,722 | $ | 142,881 | |||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($369,987 | ) | ($369,987 | ) | — | — | |||||||||||||
Small Cap Opportunities Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 23,727,729 | $ | 23,724,208 | — | $ | 3,521 | ||||||||||||
Consumer staples | 4,382,634 | 4,382,634 | — | — | |||||||||||||||
Energy | 11,757,128 | 11,757,128 | — | — | |||||||||||||||
Financials | 34,685,998 | 34,683,172 | — | 2,826 | |||||||||||||||
Health care | 18,335,064 | 18,333,161 | — | 1,903 | |||||||||||||||
Industrials | 34,092,812 | 34,092,812 | — | — | |||||||||||||||
Information technology | 23,662,624 | 23,662,624 | — | — | |||||||||||||||
Materials | 8,619,205 | 8,619,205 | — | — | |||||||||||||||
Real estate | 2,022,363 | 2,022,363 | — | — | |||||||||||||||
Telecommunication services | 802,145 | 802,145 | — | — | |||||||||||||||
Utilities | 146,964 | 146,964 | — | — | |||||||||||||||
Securities lending collateral | 6,035,596 | 6,035,596 | — | — | |||||||||||||||
Short-term investments | 965,126 | 965,126 | — | — | |||||||||||||||
Total investments in securities | $ | 169,235,388 | $ | 169,227,138 | — | $ | 8,250 | ||||||||||||
Small Cap Stock Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 68,978,191 | $ | 68,978,191 | — | — | |||||||||||||
Consumer staples | 8,758,565 | 8,758,565 | — | — | |||||||||||||||
Energy | 7,666,637 | 7,666,637 | — | — | |||||||||||||||
Financials | 34,114,077 | 34,114,077 | — | — | |||||||||||||||
Health care | 113,246,036 | 113,246,036 | — | — | |||||||||||||||
Industrials | 76,998,169 | 76,998,169 | — | — | |||||||||||||||
Information technology | 105,528,439 | 99,715,293 | $ | 5,257,086 | $ | 556,060 | |||||||||||||
Materials | 29,344,956 | 29,344,956 | — | — | |||||||||||||||
Real estate | 11,344,634 | 11,344,634 | — | — | |||||||||||||||
Telecommunication services | 5,731,439 | 5,731,439 | — | — | |||||||||||||||
Preferred securities | 2,623,415 | — | — | 2,623,415 | |||||||||||||||
Exchange-traded funds | 3,800,538 | 3,800,538 | — | — | |||||||||||||||
Securities lending collateral | 32,841,833 | 32,841,833 | — | — | |||||||||||||||
Short-term investments | 5,900,000 | — | 5,900,000 | — | |||||||||||||||
Total investments in securities | $ | 506,876,929 | $ | 492,540,368 | $ | 11,157,086 | $ | 3,179,475 |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Small Cap Value Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 24,696,752 | $ | 24,696,752 | — | — | |||||||||||||
Consumer staples | 19,579,326 | 1,858,780 | $ | 17,720,546 | — | ||||||||||||||
Energy | 29,510,688 | 29,510,688 | — | — | |||||||||||||||
Financials | 129,439,950 | 129,439,950 | — | — | |||||||||||||||
Health care | 30,437,115 | 30,437,115 | — | — | |||||||||||||||
Industrials | 202,847,161 | 192,959,300 | 9,887,861 | — | |||||||||||||||
Information technology | 48,386,675 | 48,386,675 | — | — | |||||||||||||||
Materials | 47,512,883 | 47,512,883 | — | — | |||||||||||||||
Real estate | 56,982,085 | 56,982,085 | — | — | |||||||||||||||
Utilities | 10,903,363 | 10,903,363 | — | — | |||||||||||||||
Securities lending collateral | 11,862,767 | 11,862,767 | — | — | |||||||||||||||
Short-term investments | 21,800,000 | — | 21,800,000 | — | |||||||||||||||
Total investments in securities | $ | 633,958,765 | $ | 584,550,358 | $ | 49,408,407 | — | ||||||||||||
Strategic Equity Allocation Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 1,326,232,988 | $ | 932,265,379 | $ | 393,965,373 | $ | 2,236 | |||||||||||
Consumer staples | 821,263,035 | 452,716,559 | 368,546,476 | — | |||||||||||||||
Energy | 642,954,362 | 441,815,573 | 201,138,789 | — | |||||||||||||||
Financials | 1,688,767,362 | 1,031,070,549 | 657,693,690 | 3,123 | |||||||||||||||
Health care | 1,328,907,819 | 983,968,149 | 344,820,625 | 119,045 | |||||||||||||||
Industrials | 1,219,627,009 | 747,736,262 | 471,890,747 | — | |||||||||||||||
Information technology | 1,970,724,618 | 1,755,976,000 | 214,748,618 | — | |||||||||||||||
Materials | 497,355,736 | 228,050,693 | 269,305,043 | — | |||||||||||||||
Real estate | 391,701,648 | 274,431,180 | 117,270,466 | 2 | |||||||||||||||
Telecommunication services | 243,254,625 | 123,676,694 | 119,577,931 | — | |||||||||||||||
Utilities | 338,074,147 | 228,082,553 | 109,991,594 | — | |||||||||||||||
Preferred securities | |||||||||||||||||||
Consumer discretionary | 10,917,420 | 25,044 | 10,892,376 | — | |||||||||||||||
Consumer staples | 5,283,350 | — | 5,283,350 | — | |||||||||||||||
Financials | 661,152 | — | 661,152 | — | |||||||||||||||
Health care | 1,230,122 | — | 1,230,122 | — | |||||||||||||||
Materials | 805,459 | — | 805,459 | — | |||||||||||||||
Telecommunication services | 903,372 | — | 903,372 | — | |||||||||||||||
Rights | 236,236 | 236,232 | 4 | — | |||||||||||||||
Securities lending collateral | 147,681,078 | 147,681,078 | — | — | |||||||||||||||
Short-term investments | 266,251,392 | — | 266,251,392 | — | |||||||||||||||
Total investments in securities | $ | 10,902,832,930 | $ | 7,347,731,945 | $ | 3,554,976,579 | $ | 124,406 | |||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($7,458,167 | ) | ($7,458,167 | ) | — | — | |||||||||||||
Total Stock Market Index Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 101,688,838 | $ | 101,681,495 | $ | 7,001 | $ | 342 | |||||||||||
Consumer staples | 51,038,194 | 51,038,194 | — | — | |||||||||||||||
Energy | 51,746,718 | 51,746,358 | — | 360 | |||||||||||||||
Financials | 106,949,471 | 106,948,871 | — | 600 | |||||||||||||||
Health care | 94,969,917 | 94,947,530 | — | 22,387 | |||||||||||||||
Industrials | 74,324,401 | 74,323,980 | — | 421 | |||||||||||||||
Information technology | 179,279,107 | 179,277,913 | 216 | 978 | |||||||||||||||
Materials | 22,052,684 | 22,052,489 | — | 195 | |||||||||||||||
Real estate | 27,978,322 | 27,976,376 | — | 1,946 | |||||||||||||||
Telecommunication services | 13,929,459 | 13,929,459 | — | — |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Stock Market Index Trust (continued) | |||||||||||||||||||
Utilities | $ | 20,713,584 | $ | 20,713,584 | — | — | |||||||||||||
Preferred securities | 17,628 | 17,628 | — | — | |||||||||||||||
Warrants | 1,243 | 1,158 | $ | 85 | — | ||||||||||||||
Securities lending collateral | 20,087,262 | 20,087,262 | — | — | |||||||||||||||
Short-term investments | 17,540,800 | — | 17,540,800 | — | |||||||||||||||
Total investments in securities | $ | 782,317,628 | $ | 764,742,297 | $ | 17,548,102 | $ | 27,229 | |||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($386,469 | ) | ($386,469 | ) | — | — | |||||||||||||
Utilities Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Common stocks | |||||||||||||||||||
Consumer discretionary | $ | 10,690,897 | $ | 8,705,242 | $ | 1,985,655 | — | ||||||||||||
Energy | 44,706,588 | 44,706,588 | — | — | |||||||||||||||
Industrials | 1,068,293 | 1,068,293 | — | — | |||||||||||||||
Real estate | 6,849,373 | 6,849,373 | — | — | |||||||||||||||
Telecommunication services | 29,240,485 | 6,397,485 | 22,843,000 | — | |||||||||||||||
Utilities | 162,529,834 | 117,484,867 | 45,044,967 | — | |||||||||||||||
Preferred securities | 11,420,161 | 11,420,161 | — | — | |||||||||||||||
Securities lending collateral | 5,465,270 | 5,465,270 | — | — | |||||||||||||||
Short-term investments | 4,395,630 | 4,395,630 | — | — | |||||||||||||||
Total investments in securities | $ | 276,366,531 | $ | 206,492,909 | $ | 69,873,622 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Forward foreign currency contracts | $ | 1,030,300 | — | $ | 1,030,300 | — | |||||||||||||
Liabilities | |||||||||||||||||||
Forward foreign currency contracts | (30,956 | ) | — | (30,956 | ) | — |
Portfolio | | | Approximate Market Values Transferred | |||
---|---|---|---|---|---|---|
Emerging Markets Value Trust | $73,516,066 | |||||
International Equity Index Trust | 15,160,712 | |||||
International Growth Stock Trust | 19,025,592 | |||||
Utilities Trust | 4,091,068 |
Mid Cap Stock Trust | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Preferred Securities | Total | ||||||||||||||
Balance as of 12-31-17 | $ | 2,580,575 | $ | 48,582,762 | $ | 51,163,337 | ||||||||||
Realized gain (loss) | (459,354 | ) | 3,899,017 | $ | 3,439,663 | |||||||||||
Change in unrealized appreciation (depreciation) | 682,330 | (296,374 | ) | $ | 385,956 | |||||||||||
Purchases | 434,086 | 6,479,610 | $ | 6,913,696 | ||||||||||||
Sales | (359,929 | ) | (10,087,978 | ) | ($10,447,907 | ) | ||||||||||
Transfers into Level 3 | — | — | — | |||||||||||||
Transfers out of Level 3 | — | — | — | |||||||||||||
Balance as of 6-30-18 | $ | 2,877,708 | $ | 48,577,037 | $ | 51,454,745 | ||||||||||
Change in unrealized at period end* | $ | 391,849 | $ | 928,035 | $ | 1,319,884 |
* | Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end. This balance is included in change in unrealized appreciation (depreciation) on the Statements of operations. |
Small Cap Stock Trust | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Preferred Securities | Total | ||||||||||||||
Balance as of 12-31-17 | $ | 506,996 | $ | 4,867,088 | $ | 5,374,084 | ||||||||||
Realized gain (loss) | — | — | — | |||||||||||||
Change in unrealized appreciation (depreciation) | 49,064 | (709,865 | ) | (660,801 | ) | |||||||||||
Purchases | — | — | — | |||||||||||||
Sales | — | (1,533,808 | ) | (1,533,808 | ) | |||||||||||
Transfers into Level 3 | — | — | — | |||||||||||||
Transfers out of Level 3 | — | — | — | |||||||||||||
Balance as of 6-30-18 | $ | 556,060 | $ | 2,623,415 | $ | 3,179,475 | ||||||||||
Change in unrealized at period end* | $ | 49,064 | ($19,242 | ) | $ | 29,822 |
* | Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end. This balance is included in change in unrealized appreciation (depreciation) on the Statements of operations. |
Mid Cap Stock Trust | | Fair Value at 6-30-18 | | Valuation Technique | | Significant Unobservable Inputs | | Input/Range | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stocks | $ | 1,007,170 | Market Approach | Prior / recent transactions | $9.58–$62.42 (weighted average $36.79) | |||||||||||||
$ | 71,112 | Market Approach | Expected future value Discount | $0.24 20% | ||||||||||||||
$ | 1,799,426 | Market Approach | EV to revenue multiple Discount | 2.93x 25% | ||||||||||||||
$ | 2,877,708 | |||||||||||||||||
Preferred Securities | $ | 6,818,247 | Market Approach | EV to revenue multiple Discount OPM—Volatility | 2.70x–6.54x (weighted average 3.81x) 25% 20%–40% (weighted average 30.5%) | |||||||||||||
$ | 7,457,277 | Market Approach | EV to revenue multiple Discount | 1.53x–8.19x (weighted average 4.76x) 17.5% | ||||||||||||||
$ | 5,547,014 | Market Approach | EV to gross profit multiple Discount | 9.3x 17.5% | ||||||||||||||
$ | 28,706,068 | Market Approach | Prior / recent transactions | $15.31–$62.42 (weighted average $47.34) | ||||||||||||||
$ | 48,431 | Market Approach | Expected future value Discount | $0.36 55% | ||||||||||||||
$ | 48,577,037 | |||||||||||||||||
Total | $ | 51,454,745 |
Small Cap Stock Trust | | Fair Value at 6-30-18 | | Valuation Technique | | Significant Unobservable Inputs | | Input/ Range | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stocks | $ | 556,060 | Market Approach | EV to revenue multiple Discount | 2.93x 25% | |||||||||||||
Preferred Securities | $ | 2,623,415 | Market Approach | EV to revenue multiple Discount OPM—Volatility | 2.70x–3.03x (weighted average 2.91x) 25% 20%–40% (weighted average 32.6%) | |||||||||||||
Total | $ | 3,179,475 |
Significant Unobservable Input | | Impact to Valuation if input increases | | Impact to Valuation if input decreases | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Discount | Decrease | Increase | ||||||||
Enterprise value (“EV”) to gross profit multiple | Increase | Decrease | ||||||||
Enterprise value (“EV”) to revenue multiple | Increase | Decrease | ||||||||
Expected future value | Increase | Decrease | ||||||||
Options Pricing Method (OPM)—Volatility | Variable | Variable | ||||||||
Prior/recent transactions | Increase | Decrease |
principal amount of the repurchase agreement plus any accrued interest. Collateral received by a portfolio for repurchase agreements is disclosed in the Portfolios’ investments as part of the caption related to the repurchase agreement.
Portfolio | | Market value of securities on loan | | Cash collateral received | ||||||
---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | $ | 18,326,752 | $ | 18,737,417 | ||||||
Blue Chip Growth Trust | 24,394,408 | 24,952,003 | ||||||||
Capital Appreciation Trust | 20,605,278 | 21,021,588 | ||||||||
Capital Appreciation Value Trust | 4,168,873 | 4,258,339 | ||||||||
Emerging Markets Value Trust | 31,353,731 | 13,061,364 | ||||||||
Equity Income Trust | 11,229,005 | 11,525,313 | ||||||||
Financial Industries Trust | 699,697 | 717,736 | ||||||||
Global Trust | 5,726,333 | 5,864,538 | ||||||||
International Equity Index Trust | 21,581,851 | 22,910,968 | ||||||||
International Small Company Trust | 10,102,716 | 10,837,543 | ||||||||
International Value Trust | 17,736,720 | 18,276,314 | ||||||||
Lifestyle Aggressive Portfolio | 324,350 | 330,937 | ||||||||
Mid Cap Index Trust | 72,905,648 | 74,470,801 | ||||||||
Mid Cap Stock Trust | 67,426,185 | 69,111,346 | ||||||||
Mid Value Trust | 36,786,807 | 37,869,621 | ||||||||
Mutual Shares Trust | 1,313,691 | 1,380,089 | ||||||||
Science and Technology Trust | 31,070,860 | 32,145,144 | ||||||||
Small Cap Index Trust | 63,471,536 | 64,989,498 | ||||||||
Small Cap Opportunities Trust | 5,902,218 | 6,037,185 | ||||||||
Small Cap Stock Trust | 32,002,501 | 32,854,485 | ||||||||
Small Cap Value Trust | 11,553,694 | 11,865,309 | ||||||||
Small Company Value Trust | 7,874,338 | 8,131,191 | ||||||||
Strategic Equity Allocation Trust | 130,373,405 | 147,781,183 | ||||||||
Total Stock Market Index Trust | 19,636,203 | 20,093,191 | ||||||||
Utilities Trust | 5,327,167 | 5,482,314 |
Portfolio | | Commitment Fee | ||||
---|---|---|---|---|---|---|
500 Index Trust | $ | 4,236 | ||||
American Asset Allocation Trust | 2,007 | |||||
American Global Growth Trust | 1,118 | |||||
American Growth Trust | 1,576 | |||||
American Growth-Income Trust | 1,682 | |||||
American International Trust | 1,326 | |||||
Blue Chip Growth Trust | 2,143 | |||||
Capital Appreciation Trust | 1,659 | |||||
Capital Appreciation Value Trust | 1,228 | |||||
Emerging Markets Value Trust | 1,446 | |||||
Equity Income Trust | 2,152 | |||||
Financial Industries Trust | 1,110 | |||||
Fundamental All Cap Core Trust | 2,176 | |||||
Fundamental Large Cap Value Trust | 1,499 | |||||
Global Trust | 1,117 | |||||
Health Sciences Trust | 1,151 | |||||
International Equity Index Trust | 5,509 | |||||
International Growth Stock Trust | 1,220 | |||||
International Small Company Trust | 1,056 | |||||
International Value Trust | 1,535 | |||||
Lifestyle Aggressive Portfolio | $ | 979 | ||||
Lifestyle Balanced Portfolio | 1,658 | |||||
Lifestyle Conservative Portfolio | 1,082 | |||||
Lifestyle Growth Portfolio | 4,766 | |||||
Lifestyle Moderate Portfolio | 1,177 | |||||
Mid Cap Index Trust | 1,878 | |||||
Mid Cap Stock Trust | 1,459 | |||||
Mid Value Trust | 1,495 | |||||
Mutual Shares Trust | 1,072 | |||||
Real Estate Securities Trust | 4,080 | |||||
Science & Technology Trust | 1,430 | |||||
Small Cap Index Trust | 1,344 | |||||
Small Cap Opportunities Trust | 1,107 | |||||
Small Cap Stock Trust | 1,234 | |||||
Small Cap Value Trust | 1,383 | |||||
Small Company Value Trust | 1,145 | |||||
Strategic Equity Allocation Trust | 8,579 | |||||
Total Stock Market Index Trust | 1,478 | |||||
Utilities Trust | 1,175 |
capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law.
Portfolio | | Expires in 2018 | | No Expiration Date Long Term | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Emerging Markets Value Trust | — | $ | 56,983,725 | |||||||
Global Trust | $ | 12,321,700 | — | |||||||
International Small Company Trust | 6,569,935 | — | ||||||||
International Value Trust | — | 18,243,538 | ||||||||
Utilities Trust | — | 4,943,735 |
Portfolio | | Aggregate cost | | Unrealized appreciation | | Unrealized (depreciation) | | Net unrealized appreciation/ (depreciation) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | $ | 2,765,398,374 | $ | 2,507,260,091 | ($66,819,120 | ) | $ | 2,440,440,971 | ||||||||||
American Asset Allocation Trust | 1,121,716,055 | 357,942,687 | — | 357,942,687 | ||||||||||||||
American Global Growth Trust | 203,473,382 | 21,128,107 | — | 21,128,107 | ||||||||||||||
American Growth Trust | 793,075,260 | 112,581,352 | — | 112,581,352 | ||||||||||||||
American Growth-Income Trust | 941,080,804 | 118,869,296 | — | 118,869,296 | ||||||||||||||
American International Trust | 491,377,246 | 38,092,724 | — | 38,092,724 | ||||||||||||||
Blue Chip Growth Trust | 1,002,276,926 | 870,807,666 | (11,402,926 | ) | 859,404,740 | |||||||||||||
Capital Appreciation Trust | 742,255,445 | 344,735,665 | (8,952,430 | ) | 335,783,235 | |||||||||||||
Capital Appreciation Value Trust | 349,695,513 | 45,857,627 | (4,951,215 | ) | 40,906,412 | |||||||||||||
Emerging Markets Value Trust | 699,632,977 | 111,436,051 | (96,854,157 | ) | 14,581,894 | |||||||||||||
Equity Income Trust | 1,416,707,017 | 401,322,367 | (66,159,788 | ) | 335,162,579 | |||||||||||||
Financial Industries Trust | 192,790,039 | 32,991,766 | (3,446,767 | ) | 29,544,999 | |||||||||||||
Fundamental All Cap Core Trust | 1,410,896,323 | 520,993,480 | (50,545,589 | ) | 470,447,891 | |||||||||||||
Fundamental Large Cap Value Trust | 645,088,927 | 131,381,623 | (37,083,596 | ) | 94,298,027 | |||||||||||||
Global Trust | 215,691,222 | 27,603,326 | (16,831,239 | ) | 10,772,087 | |||||||||||||
Health Sciences Trust | 229,613,643 | 80,179,920 | (11,101,502 | ) | 69,078,418 | |||||||||||||
International Equity Index Trust | 615,475,832 | 226,195,018 | (62,543,087 | ) | 163,651,931 | |||||||||||||
International Growth Stock Trust | 326,900,730 | 54,297,505 | (16,565,373 | ) | 37,732,132 | |||||||||||||
International Small Company Trust | 137,457,734 | 32,040,982 | (21,934,720 | ) | 10,106,262 | |||||||||||||
International Value Trust | 768,429,702 | 87,608,307 | (41,535,921 | ) | 46,072,386 | |||||||||||||
Lifestyle Aggressive Portfolio | 29,929,250 | 3,803,977 | (20 | ) | 3,803,957 | |||||||||||||
Lifestyle Balanced Portfolio | 946,238,871 | 81,476,544 | (15,692,862 | ) | 65,783,682 | |||||||||||||
Lifestyle Conservative Portfolio | 180,528,039 | 4,676,011 | (4,710,754 | ) | (34,743 | ) | ||||||||||||
Lifestyle Growth Portfolio | 5,943,603,197 | 777,467,119 | (87,448,064 | ) | 690,019,055 | |||||||||||||
Lifestyle Moderate Portfolio | 299,531,821 | 19,749,444 | (5,964,030 | ) | 13,785,414 | |||||||||||||
Mid Cap Index Trust | 1,312,428,641 | 344,649,770 | (46,156,710 | ) | 298,493,060 | |||||||||||||
Mid Cap Stock Trust | 715,196,595 | 157,262,138 | (13,955,697 | ) | 143,306,441 | |||||||||||||
Mid Value Trust | 717,782,405 | 135,196,625 | (23,979,561 | ) | 111,217,064 | |||||||||||||
Mutual Shares Trust | 155,300,878 | 24,946,202 | (15,033,958 | ) | 9,912,244 | |||||||||||||
Real Estate Securities Trust | 333,289,982 | 16,866,061 | (504,819 | ) | 16,361,242 | |||||||||||||
Science and Technology Trust | 759,768,461 | 139,262,507 | (13,633,294 | ) | 125,629,213 | |||||||||||||
Small Cap Index Trust | 537,542,657 | 196,623,551 | (27,536,725 | ) | 169,086,826 | |||||||||||||
Small Cap Opportunities Trust | 139,596,876 | 40,928,449 | (11,289,937 | ) | 29,638,512 | |||||||||||||
Small Cap Stock Trust | 426,330,085 | 91,271,964 | (10,725,120 | ) | 80,546,844 | |||||||||||||
Small Cap Value Trust | 500,451,840 | 159,963,474 | (26,456,549 | ) | 133,506,925 | |||||||||||||
Small Company Value Trust | 213,702,728 | 88,032,801 | (4,441,454 | ) | 83,591,347 | |||||||||||||
Strategic Equity Allocation Trust | 7,124,070,533 | 4,026,486,611 | (255,182,381 | ) | 3,771,304,230 | |||||||||||||
Total Stock Market Index Trust | 434,579,434 | 370,235,816 | (22,884,091 | ) | 347,351,725 | |||||||||||||
Utilities Trust | 257,694,950 | 43,016,383 | (23,345,458 | ) | 19,670,925 |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and maintain diversity of the portfolio. | $159.4 million to $180.6 million | ||||||||
Emerging Markets Value Trust | To gain exposure to certain securities and as a substitute for securities purchased. | $3.9 million to $10.1 million | ||||||||
International Equity Index Trust | To gain exposure to certain securities and as a substitute for securities purchased. | $20.1 million to $24.8 million | ||||||||
International Small Company Trust | To gain exposure to certain securities and as a substitute for securities purchased. | $0.5 million to $0.9 million | ||||||||
Mid Cap Index Trust | To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and maintain diversity of the portfolio. | $26.8 million to $54.2 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Small Cap Index Trust | To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and maintain diversity of the portfolio. | $15.6 million to $22.3 million | ||||||||
Strategic Equity Allocation Trust | To gain exposure to certain securities and as a substitute for securities purchased. | $304.6 million to $323.5 million | ||||||||
Total Stock Market Index Trust | To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and maintain diversity of the portfolio. | $12.9 million to $19.6 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Financial Industries Trust | To manage against anticipated changes in currency exchange rates. | Up to $48.0 million | ||||||||
Mutual Shares Trust | To manage against anticipated changes in currency exchange rates and to maintain diversity of the portfolio. | $18.0 million to $18.8 million | ||||||||
Utilities Trust | To manage against anticipated changes in currency exchange rates. | $45.2 million to $49.9 million |
Portfolio | | Reason | | Market Value | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust | To gain exposure to the bond market, maintain diversity and manage against anticipated changes in securities markets. | $94,000 to $447,000 | ||||||||
Health Sciences Trust | To seek protection against a decline in value of securities or an increase in prices of securities that may be purchased. | Up to $29,000 |
Portfolio | | Reason | | Market Value Range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust | To manage against anticipated changes in securities markets. | $1.3 million to $4.3 million |
Portfolio | | Risk | | Statements of assets and liabilities location | | Financial instruments location | | Asset derivatives fair value | | Liability derivatives fair value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | Equity | Receivable/payable for futures | Futures† | — | ($3,272,332 | ) | ||||||||||||||||
— | ($3,272,332 | ) | ||||||||||||||||||||
Capital Appreciation Value Trust | Equity | Written options, at value | Written options | — | ($1,880,106 | ) | ||||||||||||||||
— | ($1,880,106 | ) |
Portfolio | | Risk | | Statements of assets and liabilities location | | Financial instruments location | | Asset derivatives fair value | | Liability derivatives fair value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Emerging Markets Value Trust | Equity | Receivable/payable for futures | Futures† | $ | 40,779 | — | ||||||||||||||||
$ | 40,779 | — | ||||||||||||||||||||
Financial Industries Trust | Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | $ | 193,140 | ($2,809 | ) | |||||||||||||||
$ | 193,140 | ($2,809 | ) | |||||||||||||||||||
International Equity Index Trust | Equity | Receivable/payable for futures | Futures† | $ | 114 | ($1,006,526 | ) | |||||||||||||||
$ | 114 | ($1,006,526 | ) | |||||||||||||||||||
Mid Cap Index Trust | Equity | Receivable/payable for futures | Futures† | — | ($998,931 | ) | ||||||||||||||||
— | ($998,931 | ) | ||||||||||||||||||||
Mutual Shares Trust | Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | $ | 119,923 | ($23,452 | ) | |||||||||||||||
$ | 119,923 | ($23,452 | ) | |||||||||||||||||||
Small Cap Index Trust | Equity | Receivable/payable for futures | Futures† | — | ($369,987 | ) | ||||||||||||||||
— | ($369,987 | ) | ||||||||||||||||||||
Strategic Equity Allocation Trust | Equity | Receivable/payable for futures | Futures† | — | ($7,458,167 | ) | ||||||||||||||||
— | ($7,458,167 | ) | ||||||||||||||||||||
Total Stock Market Index Trust | Equity | Receivable/payable for futures | Futures† | — | ($386,469 | ) | ||||||||||||||||
— | ($386,469 | ) | ||||||||||||||||||||
Utilities Trust | Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | $ | 1,030,300 | ($30,956 | ) | |||||||||||||||
$ | 1,030,300 | ($30,956 | ) |
† | Reflects cumulative appreciation/depreciation on futures as disclosed in the Portfolio of Investments. Only the period end variation margin is separately disclosed on the Statements of assets and liabilities. |
Statements of operations Location — Net realized gain (loss) on: | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Risk | | Unaffiliated investments and foreign currency transactions1 | | Futures contracts | | Forward foreign currency contracts | | Written options | | Total | ||||||||||||||
500 Index Trust | Equity | — | $ | 5,814,676 | — | — | $ | 5,814,676 | ||||||||||||||||||
— | $ | 5,814,676 | — | — | $ | 5,814,676 | ||||||||||||||||||||
Capital Appreciation Value Trust | Equity | $ | 425,102 | — | — | $ | 53,085 | $ | 478,187 | |||||||||||||||||
$ | 425,102 | — | — | $ | 53,085 | $ | 478,187 | |||||||||||||||||||
Emerging Market Value Trust | Equity | — | ($438,870 | ) | — | — | ($438,870 | ) | ||||||||||||||||||
— | ($438,870 | ) | — | — | ($438,870 | ) | ||||||||||||||||||||
Financial Industries Trust | Foreign currency | — | — | $ | 1,623,800 | — | $ | 1,623,800 | ||||||||||||||||||
— | — | $ | 1,623,800 | — | $ | 1,623,800 | ||||||||||||||||||||
Health Sciences Trust | Equity | $ | 36,221 | — | — | — | $ | 36,221 | ||||||||||||||||||
$ | 36,221 | — | — | — | $ | 36,221 | ||||||||||||||||||||
International Equity Index Trust | Equity | $ | 247,847 | — | $ | 247,847 | ||||||||||||||||||||
— | $ | 247,847 | — | — | $ | 247,847 | ||||||||||||||||||||
International Small Company Trust | Equity | — | ($47,885 | ) | — | — | ($47,885 | ) | ||||||||||||||||||
— | ($47,885 | ) | — | — | ($47,885 | ) | ||||||||||||||||||||
Mid Cap Index Trust | Equity | — | $ | 1,333,930 | — | — | $ | 1,333,930 | ||||||||||||||||||
— | $ | 1,333,930 | — | — | $ | 1,333,930 | ||||||||||||||||||||
Mutual Shares Trust | Foreign currency | — | — | $ | 167,159 | — | $ | 167,159 | ||||||||||||||||||
— | — | �� | $ | 167,159 | — | $ | 167,159 | |||||||||||||||||||
Small Cap Index Trust | Equity | — | $ | 1,682,874 | — | — | $ | 1,682,874 | ||||||||||||||||||
— | $ | 1,682,874 | — | — | $ | 1,682,874 | ||||||||||||||||||||
Strategic Equity Allocation Trust | Equity | — | $ | 8,100,729 | — | — | $ | 8,100,729 | ||||||||||||||||||
— | $ | 8,100,729 | — | — | $ | 8,100,729 | ||||||||||||||||||||
Total Stock Market Index Trust | Equity | — | — | $ | 824,311 | — | $ | 824,311 | ||||||||||||||||||
— | — | $ | 824,311 | — | $ | 824,311 | ||||||||||||||||||||
Utilities Trust | Foreign currency | — | — | $ | 102,756 | — | $ | 102,756 | ||||||||||||||||||
— | — | $ | 102,756 | — | $ | 102,756 |
1 | Realized gain/loss associated with purchased options is included in this caption on the Statements of operations. |
Statements of operations Location — Change in unrealized appreciation (depreciation) of: | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Risk | | Unaffiliated investments and foreign currency transactions1 | | Futures contracts | | Forward foreign currency contracts | | Written options | | Total | ||||||||||||||
500 Index Trust | Equity | — | ($5,188,063 | ) | — | — | ($5,188,063 | ) | ||||||||||||||||||
— | ($5,188,063 | ) | — | — | ($5,188,063 | ) | ||||||||||||||||||||
Captial Appreciation Value Trust | Equity | ($249,215 | ) | — | — | $ | 2,688,995 | $ | 2,439,780 | |||||||||||||||||
($249,215 | ) | — | — | $ | 2,688,995 | $ | 2,439,780 | |||||||||||||||||||
Emerging Markets Value Trust | Equity | — | $ | 40,779 | — | — | $ | 40,779 | ||||||||||||||||||
— | $ | 40,779 | — | — | $ | 40,779 | ||||||||||||||||||||
Financial Industries Trust | Foreign currency | — | — | $ | 190,331 | — | $ | 190,331 | ||||||||||||||||||
— | — | $ | 190,331 | — | $ | 190,331 | ||||||||||||||||||||
Health Sciences Trust | Equity | ($21,353 | ) | — | — | — | ($21,353 | ) | ||||||||||||||||||
($21,353 | ) | — | — | — | ($21,353 | ) | ||||||||||||||||||||
International Equity Index Trust | Equity | — | ($1,760,803 | ) | — | — | ($1,760,803 | ) | ||||||||||||||||||
— | ($1,760,803 | ) | — | — | ($1,760,803 | ) | ||||||||||||||||||||
International Small Company Trust | Equity | — | ($6,480 | ) | — | — | ($6,480 | ) | ||||||||||||||||||
— | ($6,480 | ) | — | — | ($6,480 | ) | ||||||||||||||||||||
Mid Cap Index Trust | Equity | — | ($1,185,396 | ) | — | — | ($1,185,396 | ) | ||||||||||||||||||
— | ($1,185,396 | ) | — | — | ($1,185,396 | ) | ||||||||||||||||||||
Mutual Shares Trust | Foreign currency | — | — | $ | 473,354 | — | $ | 473,354 | ||||||||||||||||||
— | — | $ | 473,354 | — | $ | 473,354 | ||||||||||||||||||||
Small Cap Index Trust | Equity | — | ($465,818 | ) | — | — | ($465,818 | ) | ||||||||||||||||||
— | ($465,818 | ) | — | — | ($465,818 | ) | ||||||||||||||||||||
Strategic Equity Allocation Trust | Equity | — | ($9,460,559 | ) | — | — | ($9,460,559 | ) | ||||||||||||||||||
— | (9,460,559 | ) | — | — | ($9,460,559 | ) | ||||||||||||||||||||
Total Stock Market Index Trust | Equity | — | ($548,746 | ) | — | — | ($548,746 | ) | ||||||||||||||||||
— | ($548,746 | ) | — | — | ($548,746 | ) | ||||||||||||||||||||
Utilities Trust | Foreign currency | — | — | $ | 1,471,249 | — | $ | 1,471,249 | ||||||||||||||||||
— | — | $ | 1,471,249 | — | $ | 1,471,249 |
1 | Change in unrealized appreciation/depreciation associated with purchased options is included in this caption on the Statements of operations. |
• | 500 Index Trust — a) 0.470% of the first $500 million of average net assets and b) 0.460% of the excess over $500 million of average net assets. |
• | Blue Chip Growth Trust — a) 0.825% of the first $500 million of aggregate net assets; b) 0.800% of aggregate net assets between $500 million and $1 billion; c) 0.750% of the excess over $1 billion of aggregate net assets. When aggregate net assets exceed $1 billion on any day, the annual rate of advisory fee for that day is 0.750% on the first $1 billion of aggregate net assets. |
• | Capital Appreciation Trust — a) 0.850% of the first $300 million of aggregate net assets; b) 0.800% of aggregate net assets between $300 million and $500 million; c) 0.700% of the aggregate net assets between $500 million and $1 billion; and d) 0.670% of the excess over $1 billion of aggregate net assets. |
• | Capital Appreciation Value Trust — If net aggregate assets are less than $500 million, then the following fee schedule shall apply: a) 0.950% of the first $250 million of aggregate net assets and b) 0.850% of the excess over $250 million of aggregate net assets. If aggregate net assets equal or exceeds $500 million but are less than $2 billion, then the following fee schedule shall apply: a) 0.850% of the first $1 billion of aggregate net assets and b) 0.800% of the excess over $1 billion of aggregate net assets. If aggregate net assets equal or exceeds $2 billion but are less than $3 billion, then the following fee schedule shall apply: a) 0.850% of the first $500 million of aggregate net assets and b) 0.800% of the excess over $500 million of aggregate net assets. If aggregate net assets equals or exceeds $3 billion, then the management fee to be paid is 0.800% of aggregate net assets. |
• | Emerging Markets Value Trust — a) 1.000% of the first $100 million of aggregate net assets and b) 0.950% of the excess over $100 million of aggregate net assets. |
• | Equity Income Trust — a) 0.825% of the first $100 million of aggregate net assets; b) 0.800% of aggregate net assets between $100 million and $200 million; c) 0.775% of aggregate net assets between $200 million and $500 million; d) 0.750% of aggregate net assets between $500 million and $1.5 billion and e) 0.725% of the excess over $1.5 billion of aggregate net assets. When aggregate net assets exceeds $200 million on any day, the annual rate of management fee for that day is 0.800% on the first $200 million of aggregate net assets. When aggregate net assets exceeds $500 million on any day, the annual rate of management fee for that day is 0.775% on |
the first $500 million of aggregate net assets and 0.750% on aggregate net assets over $500 million. When aggregate net assets exceed $1 billion on any day, the annual rate of advisory fee for that day is 0.750% on the first $1 billion of aggregate net assets. When aggregate net assets exceed $1.5 billion on any day, the annual rate of management fee for that day is 0.725% on the first $1.5 billion of aggregate net assets. |
• | Financial Industries Trust — Aggregate net assets are net assets of the portfolio and John Hancock Financial Industries Fund, a series of John Hancock Investment Trust II. The management fee is a) 0.800% of the first $250 million of aggregate net assets; b) 0.775% of aggregate net assets between $250 million and $500 million; c) 0.750% of aggregate net assets between $500 million and $1 billion; and d) 0.725% of the excess over $1 billion of aggregate net assets. |
• | Fundamental All Cap Core Trust— a) 0.675% of the first $2.5 billion of aggregate net assets and b) 0.650% of the excess over $2.5 billion of aggregate net assets. |
• | Fundamental Large Cap Value Trust— a) 0.700% of the first $500 million of aggregate net assets; b) 0.650% of aggregate net assets between $500 million and $1 billion; and c) 0.600% of the excess over $1 billion of aggregate net assets. |
• | Global Trust — Aggregate net assets are the net assets of the portfolio, International Value Trust, Mutual Shares Trust, JHF II International Value Fund and JHF II International Small Cap Fund. The management fees is: a) 0.850% of the first $1 billion of aggregate net assets and b) 0.800% of the excess over $1 billion of aggregate net assets. |
• | Health Sciences Trust — a) 1.050% of the first $500 million of aggregate net assets; b) 1.000% of aggregate net assets between $500 million and $750 million; and c) 0.950% of the excess over $750 million of aggregate net assets. When aggregate net assets exceed $750 million, the management fee is 0.950% on all net assets. |
• | International Equity Index Trust— a) 0.550% of the first $100 million of average net assets and b) 0.530% of the excess over $100 million of average net assets. |
• | International Growth Stock Trust — a) 0.850% of the first $250 million of aggregate net assets; b) 0.800% of aggregate net assets between $250 million and $750 million; and c) 0.750% of the excess over $750 million of aggregate net assets. |
• | International Small Company Trust— 0.950% of aggregate net assets. |
• | International Value Trust — Aggregate net assets are the net assets of the portfolio, Global Trust, Mutual Shares Trust, JHF II International Small Cap Fund and JHF II International Value Fund. The management fee is: a) 0.950% of the first $150 million of aggregate net assets; b) 0.850% of aggregate net assets between $150 million and $300 million; and c) 0.800% of the excess over $300 million of aggregate net assets. However, when aggregate net assets exceed $300 million, then the management fee rate is 0.800% of aggregate net assets. |
• | Lifestyle Portfolios — The advisory fee has two components: a) a fee on net assets invested in affiliated funds (Affiliated fund assets) excluding 500 Index Trust, International Equity Index Trust and Total Bond Market Trust, and b) a fee on net assets not invested in affiliated funds (Other assets). The management fee paid on Affiliated fund assets is: a) 0.050% of the first $7.5 billion of aggregate net assets and b) 0.040% of the excess over $7.5 billion in aggregate net assets. The advisory fee paid on Other assets is as follows: a) 0.500% of the first $7.5 billion of aggregate net assets and b) 0.490% of the excess over $7.5 billion in aggregate net assets. |
• | Mid Cap Index Trust and Small Cap Index Trust— a) 0.490% of the first $250 million of average net assets; b) 0.480% of average net assets between $250 million and $500 million; and c) 0.460% of the excess over $500 million of average net assets. |
• | Mid Cap Stock Trust — a) 0.875% of the first $200 million of aggregate net assets; b) 0.850% of aggregate net assets between $200 million and $500 million; and c) 0.825% of the excess over $500 million of aggregate net assets. |
• | Mid Value Trust — a) 1.050% of the first $20 million of aggregate net assets; and b) 0.950% of the excess over $30 million of aggregate net assets. When aggregate net assets exceed $50 million on any day, the management fee for that day is 0.950% of all assets of the portfolio. |
• | Mutual Shares Trust — a) 0.960% of the first $750 million of average net assets; and b) 0.920% of the excess over $750 million of average net assets. When average net assets for the Mutual Shares Trust exceed $750 million, the management fee is 0.92% on all net assets. |
• | Real Estate Securities Trust— 0.700% of aggregate net assets. |
• | Science & Technology Trust and Small Company Value Trust— a) 1.050% of the first $500 million of aggregate net assets and b) 1.000% of the excess over $500 million of aggregate net assets. |
• | Small Cap Opportunities Trust — Aggregate net assets are the net assets of the portfolio and the JHF II New Opportunities Fund. The management fee is: a) 1.000% of the first $500 million of aggregate net assets; b) 0.950% of aggregate net assets between $500 million and $1 billion; c) 0.900% of aggregate net assets between $1 billion and $2 billion; and d) 0.850% of the excess over $2 billion of aggregate net assets. |
• | Small Cap Stock Trust — a) 1.050% of the first $50 million of aggregate net assets and b) 1.000% of the excess over $50 million of aggregate net assets. |
• | Small Cap Value Trust — a) 1.100% of the first $100 million of aggregate net assets; b) 1.050% of aggregate net assets between $100 million and $600 million; and c) 1.000% of the excess over $600 million of aggregate net assets. |
• | Strategic Equity Allocation Trust — Aggregate net assets are the net assets of the portfolio, JHF II Strategic Equity Allocation Fund, JHF II U.S. Strategic Equity Allocation Fund, and JHF II International Strategic Equity Allocation Fund. The management fee is: a) 0.675% of the first $2.5 billion of aggregate net assets; b) 0.650% of aggregate net assets between $2.5 billion and $7.5 billion; c) 0.625% of aggregate net assets between $7.5 billion and $10 billion; d) 0.600% of aggregate net assets between $10 billion and $15 billion; e) 0.595% of aggregate net assets between $15 billion and $25 billion; and f) 0.590% of the excess over $25 billion of aggregate net assets. |
• | Total Stock Market Index Trust— a) 0.490% of the first $250 million of average net assets; b) 0.480% of average net assets between $250 million and $500 million; and c) 0.460% of the excess over $500 million of average net assets. |
• | Utilities Trust — a) 0.825% of the first $600 million of average net assets; b) 0.800% of average net assets between $600 million and $900 million; c) 0.775% of average net assets between $900 million and $1.5 billion; and d) 0.700% of the excess over $1.5 billion of average net assets. |
Portfolios | | Subadvisor | ||||
---|---|---|---|---|---|---|
Science & Technology Trust | Allianz Global Investors U.S. LLC; T. Rowe Price Associates, Inc. | |||||
Real Estate Securities Trust | Deutsche Investment Management Americas, Inc. | |||||
Emerging Markets Value Trust | Dimensional Fund Advisors LP | |||||
International Small Company Trust | ||||||
Small Cap Opportunities Trust | Dimensional Fund Advisors LP; GW&K Investment Management | |||||
Mutual Shares Trust | Franklin Mutual Advisers, LLC | |||||
International Growth Stock Trust | Invesco Advisers, Inc. | |||||
Capital Appreciation Trust | Jennison Associates LLC | |||||
Lifestyle Aggressive Portfolio | John Hancock Asset Management a division of Manulife Asset Management (US) LLC and | |||||
Lifestyle Balanced Portfolio | John Hancock Asset Management a division of Manulife Asset Management (North America) | |||||
Lifestyle Conservative Portfolio | Limited1,2,3 | |||||
Lifestyle Growth Portfolio | ||||||
Lifestyle Moderate Portfolio | ||||||
Financial Industries Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC 1,3 | |||||
Fundamental All Cap Core Trust | ||||||
Fundamental Large Cap Value Trust | ||||||
Strategic Equity Allocation Trust | ||||||
500 Index Trust | John Hancock Asset Management a division of Manulife Asset Management (North America) | |||||
Mid Cap Index Trust | Limited | |||||
Small Cap Index Trust | ||||||
Total Stock Market Index Trust | ||||||
Utilities Trust | Massachusetts Financial Services Company | |||||
International Equity Index Trust | SSGA Funds Management, Inc. | |||||
Blue Chip Growth Trust | T. Rowe Price Associates, Inc. | |||||
Capital Appreciation Value Trust | ||||||
Equity Income Trust | ||||||
Health Sciences Trust | ||||||
Mid Value Trust | ||||||
Small Company Value Trust | ||||||
Global Trust | Templeton Global Advisors Limited | |||||
International Value Trust | Templeton Investment Counsel, LLC | |||||
Mid Cap Stock Trust | Wellington Management Company LLP | |||||
Small Cap Stock Trust | ||||||
Small Cap Value Trust |
Portfolio | | Expense limitation as a percentage of average net assets | ||||
---|---|---|---|---|---|---|
American Asset Allocation Trust | 0.10% | |||||
American Global Growth Trust | 0.10% | |||||
American Growth Trust | 0.10% | |||||
American Growth-Income Trust | 0.10% | |||||
American International Trust | 0.10% | |||||
Blue Chip Growth Trust | 0.20% | |||||
Capital Appreciation Trust | 0.20% | |||||
Capital Appreciation Value Trust | 0.20% | |||||
Emerging Markets Value Trust | 0.25% | |||||
Equity Income Trust | 0.20% | |||||
Financial Industries Trust | 0.20% | |||||
Fundamental All Cap Core Trust | 0.20% | |||||
Fundamental Large Cap Value Trust | 0.20% | |||||
Global Trust | 0.25% | |||||
Health Sciences Trust | 0.20% | |||||
International Growth Stock Trust | 0.25% |
Portfolio | | Expense limitation as a percentage of average net assets | ||||
---|---|---|---|---|---|---|
International Small Company Trust | 0.25% | |||||
International Value Trust | 0.25% | |||||
Mid Cap Index Trust | 0.08% | |||||
Mid Cap Stock Trust | 0.20% | |||||
Mid Value Trust | 0.20% | |||||
Mutual Shares Trust | 0.20% | |||||
Real Estate Securities Trust | 0.20% | |||||
Science & Technology Trust | 0.20% | |||||
Small Cap Index Trust | 0.08% | |||||
Small Cap Opportunities Trust | 0.20% | |||||
Small Cap Stock Trust | 0.20% | |||||
Small Cap Value Trust | 0.20% | |||||
Small Company Value Trust | 0.20% | |||||
Strategic Equity Allocation Trust | 0.20% | |||||
Total Stock Market Index Trust | 0.08% | |||||
Utilities Trust | 0.20% |
Portfolio | | Series I | | Series II | | Series III | | Series NAV | | Total | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | $ | 3,914,221 | $ | 88,741 | — | $ | 2,325,424 | $ | 6,328,386 | |||||||||||||
American Asset Allocation Trust | 12,082 | 46,853 | $ | 5,745 | — | 64,680 | ||||||||||||||||
American Global Growth Trust | 865 | 7,821 | 1,351 | — | 10,037 | |||||||||||||||||
American Growth Trust | 5,707 | 29,424 | 4,213 | — | 39,344 | |||||||||||||||||
American Growth-Income Trust | 11,955 | 24,988 | 9,479 | — | 46,422 | |||||||||||||||||
American International Trust | 5,648 | 15,737 | 1,806 | — | 23,191 | |||||||||||||||||
Blue Chip Growth Trust | 60,460 | 25,156 | — | 247,020 | 332,636 | |||||||||||||||||
Capital Appreciation Trust | 8,589 | 3,017 | — | 34,154 | 45,760 | |||||||||||||||||
Capital Appreciation Value Trust | 770 | 61,315 | — | 19,023 | 81,108 | |||||||||||||||||
Emerging Markets Value Trust | 352 | 2,038 | — | 30,356 | 32,746 | |||||||||||||||||
Equity Income Trust | 44,189 | 22,848 | — | 228,368 | 295,405 | |||||||||||||||||
Financial Industries Trust | 7,079 | 818 | — | 2,056 | 9,953 | |||||||||||||||||
Fundamental All Cap Core Trust | 7,101 | 2,263 | — | 70,691 | 80,055 | |||||||||||||||||
Fundamental Large Cap Value Trust | 28,632 | 11,116 | — | 5,247 | 44,995 | |||||||||||||||||
Global Trust | 17,967 | 5,293 | — | 5,834 | 29,094 | |||||||||||||||||
Health Sciences Trust | 33,294 | 24,007 | — | 34,451 | 91,752 | |||||||||||||||||
International Equity Index Trust | 538,136 | 25,087 | — | 497,393 | 1,060,616 | |||||||||||||||||
International Growth Stock Trust | 254 | 818 | — | 15,315 | 16,387 | |||||||||||||||||
International Small Company Trust | 1,583 | 842 | — | 3,995 | 6,420 | |||||||||||||||||
International Value Trust | 4,613 | 2,797 | — | 28,336 | 35,746 | |||||||||||||||||
Lifestyle Aggressive Portfolio | 4,721 | 25,706 | — | 10,702 | 41,129 | |||||||||||||||||
Lifestyle Balanced Portfolio | 858 | 22,785 | — | 2,116 | 25,759 | |||||||||||||||||
Lifestyle Conservative Portfolio | 2,180 | 30,602 | — | 731 | 33,513 | |||||||||||||||||
Lifestyle Growth Portfolio | 5,894 | 155,956 | — | 8,701 | 170,551 | |||||||||||||||||
Lifestyle Moderate Portfolio | 769 | 20,749 | — | 1,483 | 23,001 | |||||||||||||||||
Mid Cap Index Trust | 676,423 | 46,610 | — | 107,142 | 830,175 | |||||||||||||||||
Mid Cap Stock Trust | 7,268 | 3,699 | — | 22,555 | 33,522 | |||||||||||||||||
Mid Value Trust | 81,164 | 16,209 | — | 115,121 | 212,494 | |||||||||||||||||
Mutual Shares Trust | 7,159 | — | — | — | 7,159 | |||||||||||||||||
Real Estate Securities Trust | 2,973 | 1,709 | — | 9,810 | 14,492 | |||||||||||||||||
Science & Technology Trust | 163,402 | 14,017 | — | 13,268 | 190,687 | |||||||||||||||||
Small Cap Index Trust | 122,396 | 12,100 | — | 41,483 | 175,979 | |||||||||||||||||
Small Cap Opportunities Trust | 84,770 | 33,523 | — | 25,482 | 143,775 | |||||||||||||||||
Small Cap Stock Trust | 3,937 | 1,379 | — | 14,496 | 19,812 | |||||||||||||||||
Small Cap Value Trust | 12,189 | 1,396 | — | 12,969 | 26,554 | |||||||||||||||||
Small Company Value Trust | 19,781 | 16,127 | — | 54,301 | 90,209 | |||||||||||||||||
Strategic Equity Allocation Trust | — | — | — | 7,184,149 | 7,184,149 | |||||||||||||||||
Total Stock Market Index Trust | 226,526 | 17,412 | — | 60,044 | 303,982 | |||||||||||||||||
Utilities Trust | 10,039 | 560 | — | 1,234 | 11,833 |
Portfolio | | Annual Effective Rate | ||||
---|---|---|---|---|---|---|
500 Index Trust | 0.22 | % | ||||
American Asset Allocation Trust | 0.00 | %* | ||||
American Global Growth Trust | 0.00 | %* | ||||
American Growth Trust | 0.00 | %* | ||||
American Growth-Income Trust | 0.00 | %* | ||||
American International Trust | 0.00 | %* | ||||
Blue Chip Growth Trust | 0.71 | % | ||||
Capital Appreciation Trust | 0.69 | % | ||||
Capital Appreciation Value Trust | 0.77 | % | ||||
Emerging Markets Value Trust | 0.94 | % | ||||
Equity Income Trust | 0.69 | % | ||||
Financial Industries Trust | 0.75 | % | ||||
Fundamental All Cap Core Trust | 0.67 | % | ||||
Fundamental Large Cap Value Trust | 0.64 | % | ||||
Global Trust | 0.79 | % | ||||
Health Sciences Trust | 0.98 | % | ||||
International Equity Index Trust | 0.27 | % | ||||
International Growth Stock Trust | 0.78 | % | ||||
International Small Company Trust | 0.94 | % | ||||
International Value Trust | 0.79 | % | ||||
Lifestyle Aggressive Portfolio | 0.00 | % | ||||
Lifestyle Balanced Portfolio | 0.04 | % | ||||
Lifestyle Conservative Portfolio | 0.00 | % | ||||
Lifestyle Growth Portfolio | 0.04 | % | ||||
Lifestyle Moderate Portfolio | 0.03 | % | ||||
Mid Cap Index Trust | 0.36 | % | ||||
Mid Cap Stock Trust | 0.82 | % | ||||
Mid Value Trust | 0.90 | % | ||||
Mutual Shares Trust | 0.95 | % | ||||
Real Estate Securities Trust | 0.69 | % | ||||
Science & Technology Trust | 0.98 | % | ||||
Small Cap Stock Trust | 1.00 | % | ||||
Small Cap Index Trust | 0.42 | % | ||||
Small Cap Opportunities Trust | 0.81 | % | ||||
Small Cap Value Trust | 1.02 | % | ||||
Small Company Value Trust | 0.98 | % | ||||
Strategic Equity Allocation Trust | 0.49 | % | ||||
Total Stock Market Index Trust | 0.40 | % | ||||
Utilities Trust | 0.82 | % |
* | The JHVIT Feeder Funds do not incur investment advisory fees. For more information on these portfolios, see Note 1. |
Class | | Rule 12b-1 Fee | ||||
---|---|---|---|---|---|---|
Series I | 0.15 | % | ||||
Series II | 0.35 | % |
Class | | Rule 12b-1 Fee | ||||
---|---|---|---|---|---|---|
Series I | 0.60 | % | ||||
Series II | 0.75 | % | ||||
Series III | 0.25 | % |
Portfolio | | Series I | | Series II | | Series III | | Total | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | $ | 797,780 | $ | 90,488 | — | $ | 888,268 | ||||||||||
American Asset Allocation Trust | 849,815 | 4,119,885 | $ | 168,409 | 5,138,109 | ||||||||||||
American Global Growth Trust | 60,856 | 687,634 | 39,607 | 788,097 | |||||||||||||
American Growth Trust | 401,278 | 2,587,431 | 123,504 | 3,112,213 | |||||||||||||
American Growth—Income Trust | 840,726 | 2,197,201 | 277,851 | 3,315,778 | |||||||||||||
American International Trust | 397,219 | 1,383,840 | 52,952 | 1,834,011 | |||||||||||||
Blue Chip Growth Trust | 84,343 | 175,483 | — | 259,826 | |||||||||||||
Capital Appreciation Trust | 50,335 | 88,406 | — | 138,741 | |||||||||||||
Capital Appreciation Value Trust | 930 | 370,260 | — | 371,190 | |||||||||||||
Emerging Markets Value Trust | 2,061 | 59,751 | — | 61,812 | |||||||||||||
Equity Income Trust | 65,852 | 170,265 | — | 236,117 | |||||||||||||
Financial Industries Trust | 41,500 | 23,974 | — | 65,474 | |||||||||||||
Fundamental All Cap Core Trust | 41,635 | 66,332 | — | 107,967 | |||||||||||||
Fundamental Large Cap Value Trust | 124,149 | 240,980 | — | 365,129 | |||||||||||||
Global Trust | 35,998 | 53,045 | — | 89,043 | |||||||||||||
Health Sciences Trust | 26,723 | 96,356 | — | 123,079 | |||||||||||||
International Equity Index Trust | 101,680 | 23,719 | — | 125,399 | |||||||||||||
International Growth Stock Trust | 1,489 | 23,973 | — | 25,462 | |||||||||||||
International Small Company Trust | 9,280 | 24,679 | — | 33,959 | |||||||||||||
International Value Trust | 27,040 | 82,006 | — | 109,046 | |||||||||||||
Lifestyle Aggressive Portfolio | 907 | 24,571 | — | 25,478 | |||||||||||||
Lifestyle Balanced Portfolio | 8,582 | 1,139,299 | — | 1,147,881 | |||||||||||||
Lifestyle Conservative Portfolio | 2,920 | 205,586 | — | 208,506 | |||||||||||||
Lifestyle Growth Portfolio | 58,940 | 7,798,068 | — | 7,857,008 | |||||||||||||
Lifestyle Moderate Portfolio | 2,661 | 357,621 | — | 360,282 | |||||||||||||
Mid Cap Index Trust | 311,645 | 107,394 | — | 419,039 | |||||||||||||
Mid Cap Stock Trust | 42,565 | 108,345 | — | 150,910 | |||||||||||||
Mid Value Trust | 75,088 | 75,006 | — | 150,094 | |||||||||||||
Mutual Shares Trust | 41,966 | — | — | 41,966 | |||||||||||||
Real Estate Securities Trust | 17,431 | 50,093 | — | 67,524 | |||||||||||||
Science and Technology Trust | 172,888 | 74,174 | — | 247,062 | |||||||||||||
Small Cap Index Trust | 104,574 | 51,718 | — | 156,292 | |||||||||||||
Small Cap Opportunities Trust | 23,814 | 47,088 | — | 70,902 | |||||||||||||
Small Cap Stock Trust | 23,065 | 40,434 | — | 63,499 | |||||||||||||
Small Cap Value Trust | 71,454 | 40,909 | — | 112,363 | |||||||||||||
Small Company Value Trust | 15,814 | 64,469 | — | 80,283 | |||||||||||||
Total Stock Market Index Trust | 144,222 | 55,425 | — | 199,647 | |||||||||||||
Utilities Trust | 58,847 | 16,407 | — | 75,254 |
Portfolio | | Series II | ||||
---|---|---|---|---|---|---|
American Asset Allocation Trust | $ | 329,591 | ||||
American Global Growth Trust | 73,348 | |||||
American Growth Trust | 310,492 | |||||
American Growth-Income Trust | 205,072 | |||||
American International Trust | 36,903 |
Portfolio | | Borrower or Lender | Weighted Average Loan Balance | | Days Outstanding | | Weighted Average Interest Rate | | Interest Income (Expense) | | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Blue Chip Growth Trust | Borrower | $ | 8,837,097 | 2 | 1.720 | % | ($844 | ) | ||||||||||||||
Emerging Markets Value Trust | Borrower | 2,759,359 | 3 | 1.480 | % | (340 | ) | |||||||||||||||
International Small Company Trust | Borrower | 2,622,332 | 3 | 1.720 | % | (376 | ) | |||||||||||||||
500 Index Trust | Lender | 14,805,550 | 1 | 1.440 | % | 592 | ||||||||||||||||
Capital Appreciation Value Trust | Lender | 8,274,194 | 1 | 1.720 | % | 395 | ||||||||||||||||
Equity Income Trust | Lender | 1,994,426 | �� | 1 | 1.710 | % | 95 | |||||||||||||||
Fundamental All Cap Core Trust | Lender | 1,000,000 | 3 | 1.710 | % | 143 | ||||||||||||||||
Fundamental Large Cap Value Trust | Lender | 1,050,029 | 1 | 1.480 | % | 43 | ||||||||||||||||
Health Sciences Trust | Lender | 4,150,000 | 1 | 1.710 | % | 197 | ||||||||||||||||
International Equity Index Trust | Lender | 9,400,000 | 1 | 1.720 | % | 449 | ||||||||||||||||
Strategic Equity Allocation Trust | Lender | 1,982,914 | 3 | 1.715 | % | 283 | ||||||||||||||||
Total Stock Market Index Trust | Lender | 2,622,332 | 1 | 1.720 | % | 376 |
500 Index Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 3,094,266 | $ | 102,108,932 | 8,887,084 | $ | 262,124,197 | |||||||||||||||||
Distributions reinvested | — | — | 2,866,347 | 86,908,755 | |||||||||||||||||||
Repurchased | (2,554,031 | ) | (83,583,866 | ) | (7,030,862 | ) | (214,325,859 | ) | |||||||||||||||
Net increase | 540,235 | $ | 18,525,066 | 4,722,569 | $ | 134,707,093 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 72,374 | $ | 2,399,903 | 185,050 | $ | 5,589,384 | |||||||||||||||||
Distributions reinvested | — | — | 62,703 | 1,898,859 | |||||||||||||||||||
Repurchased | (248,464 | ) | (8,168,414 | ) | (306,378 | ) | (9,125,939 | ) | |||||||||||||||
Net decrease | (176,090 | ) | $ | (5,768,511 | ) | (58,625 | ) | $ | (1,637,696 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 882,272 | $ | 28,572,816 | 1,300,595 | $ | 39,187,783 | |||||||||||||||||
Distributions reinvested | — | — | 1,759,757 | 53,376,525 | |||||||||||||||||||
Repurchased | (2,333,456 | ) | (76,429,856 | ) | (4,437,246 | ) | (133,197,171 | ) | |||||||||||||||
Net decrease | (1,451,184 | ) | $ | (47,857,040 | ) | (1,376,894 | ) | $ | (40,632,863 | ) | |||||||||||||
Total net increase (decrease) | (1,087,039 | ) | $ | (35,100,485 | ) | 3,287,050 | $ | 92,436,534 | |||||||||||||||
American Asset Allocation Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 460,066 | $ | 6,622,901 | 1,244,476 | $ | 17,602,026 | |||||||||||||||||
Distributions reinvested | — | — | 1,534,618 | 21,214,901 | |||||||||||||||||||
Repurchased | (696,049 | ) | (10,047,242 | ) | (1,217,964 | ) | (17,257,318 | ) | |||||||||||||||
Net increase (decrease) | (235,983 | ) | $ | (3,424,341 | ) | 1,561,130 | $ | 21,559,609 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | — | — | 73,658 | $ | 1,040,308 | ||||||||||||||||||
Distributions reinvested | — | — | 6,318,816 | 87,248,832 | |||||||||||||||||||
Repurchased | (5,842,826 | ) | $ | (84,323,756 | ) | (11,292,769 | ) | (160,156,476 | ) | ||||||||||||||
Net decrease | (5,842,826 | ) | $ | (84,323,756 | ) | (4,900,295 | ) | $ | (71,867,336 | ) | |||||||||||||
Series III shares | |||||||||||||||||||||||
Sold | — | — | 7,565 | $ | 109,112 | ||||||||||||||||||
Distributions reinvested | — | — | 812,615 | 11,267,930 | |||||||||||||||||||
Repurchased | (766,576 | ) | $ | (11,123,942 | ) | (1,225,360 | ) | (17,396,995 | ) | ||||||||||||||
Net decrease | (766,576 | ) | $ | (11,123,942 | ) | (405,180 | ) | $ | (6,019,953 | ) | |||||||||||||
Total net decrease | (6,845,385 | ) | $ | (98,872,039 | ) | (3,744,345 | ) | $ | (56,327,680 | ) |
American Global Growth Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 125,623 | $ | 2,122,829 | 686,122 | $ | 10,868,716 | |||||||||||||||||
Distributions reinvested | — | — | 96,214 | 1,443,379 | |||||||||||||||||||
Repurchased | (81,544 | ) | (1,348,217 | ) | (549,735 | ) | (8,670,681 | ) | |||||||||||||||
Net increase | 44,079 | $ | 774,612 | 232,601 | $ | 3,641,414 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 115,004 | $ | 1,925,409 | 337,708 | $ | 5,169,107 | |||||||||||||||||
Distributions reinvested | — | — | 1,015,847 | 15,188,048 | |||||||||||||||||||
Repurchased | (1,109,670 | ) | (18,518,285 | ) | (2,216,797 | ) | (33,999,150 | ) | |||||||||||||||
Net decrease | (994,666 | ) | $ | (16,592,876 | ) | (863,242 | ) | $ | (13,641,995 | ) | |||||||||||||
Series III shares | |||||||||||||||||||||||
Sold | 32,786 | $ | 542,741 | 1,722 | $ | 24,317 | |||||||||||||||||
Distributions reinvested | — | — | 188,728 | 2,835,518 | |||||||||||||||||||
Repurchased | (162,494 | ) | (2,712,574 | ) | (505,450 | ) | (7,745,420 | ) | |||||||||||||||
Net decrease | (129,708 | ) | $ | (2,169,833 | ) | (315,000 | ) | $ | (4,885,585 | ) | |||||||||||||
Total net decrease | (1,080,295 | ) | $ | (17,988,097 | ) | (945,641 | ) | $ | (14,886,166 | ) | |||||||||||||
American Growth Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 167,106 | $ | 3,585,424 | 685,877 | $ | 13,847,156 | |||||||||||||||||
Distributions reinvested | — | — | 1,034,542 | 19,248,869 | |||||||||||||||||||
Repurchased | (374,473 | ) | (7,921,818 | ) | (1,094,122 | ) | (22,162,613 | ) | |||||||||||||||
Net increase (decrease) | (207,367 | ) | $ | (4,336,394 | ) | 626,297 | $ | 10,933,412 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 1,880 | $ | 41,934 | 11,878 | $ | 231,748 | |||||||||||||||||
Distributions reinvested | — | — | 5,633,388 | 104,146,551 | |||||||||||||||||||
Repurchased | (3,733,784 | ) | (79,610,047 | ) | (6,853,980 | ) | (138,327,554 | ) | |||||||||||||||
Net decrease | (3,731,904 | ) | $ | (79,568,113 | ) | (1,208,714 | ) | $ | (33,949,255 | ) | |||||||||||||
Series III shares | |||||||||||||||||||||||
Sold | 509 | $ | 10,612 | 5,835 | $ | 113,930 | |||||||||||||||||
Distributions reinvested | — | — | 827,109 | 15,372,695 | |||||||||||||||||||
Repurchased | (512,536 | ) | (10,965,214 | ) | (1,036,441 | ) | (20,844,451 | ) | |||||||||||||||
Net decrease | (512,027 | ) | $ | (10,954,602 | ) | (203,497 | ) | $ | (5,357,826 | ) | |||||||||||||
Total net decrease | (4,451,298 | ) | $ | (94,859,109 | ) | (785,914 | ) | $ | (28,373,669 | ) | |||||||||||||
American Growth-Income Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 512,010 | $ | 9,343,980 | 310,937 | $ | 5,622,193 | |||||||||||||||||
Distributions reinvested | — | — | 2,816,866 | 46,058,161 | |||||||||||||||||||
Repurchased | (1,273,159 | ) | (23,540,306 | ) | (1,605,795 | ) | (29,269,472 | ) | |||||||||||||||
Net increase (decrease) | (761,149 | ) | $ | (14,196,326 | ) | 1,522,008 | $ | 22,410,882 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 8,232 | $ | 155,472 | 160,077 | $ | 3,038,248 | |||||||||||||||||
Distributions reinvested | — | — | 6,326,872 | 103,026,885 | |||||||||||||||||||
Repurchased | (3,462,651 | ) | (63,833,786 | ) | (6,187,711 | ) | (112,340,916 | ) | |||||||||||||||
Net increase (decrease) | (3,454,419 | ) | $ | (63,678,314 | ) | 299,238 | $ | (6,275,783 | ) | ||||||||||||||
Series III shares | |||||||||||||||||||||||
Sold | — | — | 8,280 | $ | 148,176 | ||||||||||||||||||
Distributions reinvested | — | — | 2,439,608 | 39,963,421 | |||||||||||||||||||
Repurchased | (1,119,713 | ) | $ | (20,668,330 | ) | (2,244,247 | ) | (40,412,336 | ) | ||||||||||||||
Net increase (decrease) | (1,119,713 | ) | $ | (20,668,330 | ) | 203,641 | $ | (300,739 | ) | ||||||||||||||
Total net increase (decrease) | (5,335,281 | ) | $ | (98,542,970 | ) | 2,024,887 | $ | 15,834,360 | |||||||||||||||
American International Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 1,197,104 | $ | 26,817,319 | 2,362,420 | $ | 49,621,498 | |||||||||||||||||
Distributions reinvested | — | — | 350,513 | 7,273,666 | |||||||||||||||||||
Repurchased | (1,103,304 | ) | (24,486,970 | ) | (1,982,519 | ) | (40,832,923 | ) | |||||||||||||||
Net increase | 93,800 | $ | 2,330,349 | 730,414 | $ | 16,062,241 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 302,220 | $ | 6,601,337 | 75,962 | $ | 1,587,264 | |||||||||||||||||
Distributions reinvested | — | — | 1,075,450 | 22,247,631 | |||||||||||||||||||
Repurchased | (1,414,123 | ) | (31,662,096 | ) | (4,150,775 | ) | (84,653,573 | ) | |||||||||||||||
Net decrease | (1,111,903 | ) | $ | (25,060,759 | ) | (2,999,363 | ) | $ | (60,818,678 | ) | |||||||||||||
Series III shares | |||||||||||||||||||||||
Sold | 32,084 | $ | 700,463 | 3,520 | $ | 75,932 | |||||||||||||||||
Distributions reinvested | — | — | 133,128 | 2,764,103 | |||||||||||||||||||
Repurchased | (141,890 | ) | (3,165,126 | ) | (489,822 | ) | (10,041,471 | ) | |||||||||||||||
Net decrease | (109,806 | ) | $ | (2,464,663 | ) | (353,174 | ) | $ | (7,201,436 | ) | |||||||||||||
Total net decrease | (1,127,909 | ) | $ | (25,195,073 | ) | (2,622,123 | ) | $ | (51,957,873 | ) |
Blue Chip Growth Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 12,845 | $ | 502,158 | 157,857 | $ | 4,999,945 | |||||||||||||||||
Distributions reinvested | — | — | 643,817 | 20,447,628 | |||||||||||||||||||
Repurchased | (615,356 | ) | (23,313,531 | ) | (1,389,093 | ) | (44,533,659 | ) | |||||||||||||||
Net decrease | (602,511 | ) | $ | (22,811,373 | ) | (587,419 | ) | $ | (19,086,086 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 152,549 | $ | 5,657,904 | 164,907 | $ | 5,132,582 | |||||||||||||||||
Distributions reinvested | — | — | 278,472 | 8,643,768 | |||||||||||||||||||
Repurchased | (375,573 | ) | (13,989,733 | ) | (843,555 | ) | (26,802,696 | ) | |||||||||||||||
Net decrease | (223,024 | ) | $ | (8,331,829 | ) | (400,176 | ) | $ | (13,026,346 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 413,808 | $ | 15,578,243 | 278,791 | $ | 9,045,720 | |||||||||||||||||
Distributions reinvested | — | — | 2,700,254 | 85,733,077 | |||||||||||||||||||
Repurchased | (4,196,247 | ) | (162,115,580 | ) | (7,603,900 | ) | (244,046,426 | ) | |||||||||||||||
Net decrease | (3,782,439 | ) | $ | (146,537,337 | ) | (4,624,855 | ) | $ | (149,267,629 | ) | |||||||||||||
Total net decrease | (4,607,974 | ) | $ | (177,680,539 | ) | (5,612,450 | ) | $ | (181,380,061 | ) | |||||||||||||
Capital Appreciation Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 220,029 | $ | 3,439,297 | 142,209 | $ | 1,800,649 | |||||||||||||||||
Distributions reinvested | — | — | 1,140,079 | 15,197,252 | |||||||||||||||||||
Repurchased | (891,940 | ) | (14,116,669 | ) | (2,161,637 | ) | (29,496,549 | ) | |||||||||||||||
Net decrease | (671,911 | ) | $ | (10,677,372 | ) | (879,349 | ) | $ | (12,498,648 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 340,044 | $ | 5,222,381 | 249,415 | $ | 3,200,664 | |||||||||||||||||
Distributions reinvested | — | — | 423,529 | 5,463,530 | |||||||||||||||||||
Repurchased | (479,049 | ) | (7,343,631 | ) | (1,086,570 | ) | (14,567,759 | ) | |||||||||||||||
Net decrease | (139,005 | ) | $ | (2,121,250 | ) | (413,626 | ) | $ | (5,903,565 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 740,762 | $ | 11,728,313 | 2,423,628 | $ | 32,854,041 | |||||||||||||||||
Distributions reinvested | — | — | 4,752,012 | 63,486,882 | |||||||||||||||||||
Repurchased | (6,558,232 | ) | (105,030,226 | ) | (14,159,644 | ) | (192,949,697 | ) | |||||||||||||||
Net increase (decrease) | (5,817,470 | ) | $ | (93,301,913 | ) | (6,984,004 | ) | $ | (96,608,774 | ) | |||||||||||||
Total net decrease | (6,628,386 | ) | $ | (106,100,535 | ) | (8,276,979 | ) | $ | (115,010,987 | ) | |||||||||||||
Capital Appreciation Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 13,067 | $ | 157,451 | 138,703 | $ | 1,594,872 | |||||||||||||||||
Distributions reinvested | — | — | 24,177 | 279,982 | |||||||||||||||||||
Repurchased | (44,934 | ) | (547,183 | ) | (93,802 | ) | (1,115,429 | ) | |||||||||||||||
Net increase (decrease) | (31,867 | ) | $ | (389,732 | ) | 69,078 | $ | 759,425 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 3,192 | $ | 38,240 | 219,244 | $ | 2,572,395 | |||||||||||||||||
Distributions reinvested | — | — | 1,587,808 | 18,295,301 | |||||||||||||||||||
Repurchased | (1,780,113 | ) | (21,576,266 | ) | (3,861,366 | ) | (45,375,917 | ) | |||||||||||||||
Net decrease | (1,776,921 | ) | $ | (21,538,026 | ) | (2,054,314 | ) | $ | (24,508,221 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 272,505 | $ | 3,304,425 | 1,936,299 | $ | 22,611,843 | |||||||||||||||||
Distributions reinvested | — | — | 478,179 | 5,527,730 | |||||||||||||||||||
Repurchased | (503,919 | ) | (6,069,571 | ) | (1,455,644 | ) | (17,206,211 | ) | |||||||||||||||
Net increase (decrease) | (231,414 | ) | $ | (2,765,146 | ) | 958,834 | $ | 10,933,362 | |||||||||||||||
Total net decrease | (2,040,202 | ) | $ | (24,692,904 | ) | (1,026,402 | ) | $ | (12,815,434 | ) | |||||||||||||
Emerging Markets Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 102,194 | $ | 1,119,814 | 49,158 | $ | 480,733 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 430,771 | 4,442,537 | |||||||||||||||||||
Distributions reinvested | — | — | 9,503 | 96,719 | |||||||||||||||||||
Repurchased | (117,648 | ) | (1,307,350 | ) | (57,216 | ) | (547,671 | ) | |||||||||||||||
Net increase (decrease) | (15,454 | ) | $ | (187,536 | ) | 432,216 | $ | 4,472,318 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 250,444 | $ | 2,675,335 | 24,519 | $ | 250,778 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 4,676,602 | 48,174,304 | |||||||||||||||||||
Distributions reinvested | — | — | 35,513 | 363,278 | |||||||||||||||||||
Repurchased | (405,817 | ) | (4,368,406 | ) | (255,718 | ) | (2,642,126 | ) | |||||||||||||||
Net increase (decrease) | (155,373 | ) | $ | (1,693,071 | ) | 4,480,916 | $ | 46,146,234 | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 3,474,737 | $ | 36,178,282 | 2,330,901 | $ | 22,570,412 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 4,410,214 | 45,427,111 | |||||||||||||||||||
Distributions reinvested | — | — | 1,115,389 | 11,295,801 | |||||||||||||||||||
Repurchased | (3,979,071 | ) | (44,292,243 | ) | (14,416,898 | ) | (135,654,799 | ) | |||||||||||||||
Net decrease | (504,334 | ) | $ | (8,113,961 | ) | (6,560,394 | ) | $ | (56,361,475 | ) | |||||||||||||
Total net decrease | (675,161 | ) | $ | (9,994,568 | ) | (1,647,262 | ) | $ | (5,742,923 | ) |
Equity Income Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 29,978 | $ | 517,758 | 71,479 | $ | 1,232,499 | |||||||||||||||||
Distributions reinvested | — | — | 1,607,574 | 26,133,173 | |||||||||||||||||||
Repurchased | (1,246,999 | ) | (21,811,412 | ) | (2,190,146 | ) | (37,708,053 | ) | |||||||||||||||
Net decrease | (1,217,021 | ) | $ | (21,293,654 | ) | (511,093 | ) | $ | (10,342,381 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 14,227 | $ | 244,765 | 78,033 | $ | 1,317,941 | |||||||||||||||||
Distributions reinvested | — | — | 844,046 | 13,644,385 | |||||||||||||||||||
Repurchased | (806,996 | ) | (14,115,431 | ) | (1,511,225 | ) | (25,853,208 | ) | |||||||||||||||
Net decrease | (792,769 | ) | $ | (13,870,666 | ) | (589,146 | ) | $ | (10,890,882 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 1,618,820 | $ | 28,472,263 | 1,428,679 | $ | 24,262,805 | |||||||||||||||||
Distributions reinvested | — | — | 8,279,046 | 134,081,196 | |||||||||||||||||||
Repurchased | (3,129,854 | ) | (55,098,011 | ) | (14,054,590 | ) | (242,202,279 | ) | |||||||||||||||
Net decrease | (1,511,034 | ) | $ | (26,625,748 | ) | (4,346,865 | ) | $ | (83,858,278 | ) | |||||||||||||
Total net decrease | (3,520,824 | ) | $ | (61,790,068 | ) | (5,447,104 | ) | $ | (105,091,541 | ) | |||||||||||||
Financial Industries Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 445,479 | $ | 6,895,827 | 2,576,723 | $ | 35,794,947 | |||||||||||||||||
Distributions reinvested | — | — | 133,958 | 1,904,984 | |||||||||||||||||||
Repurchased | (1,349,937 | ) | (20,702,025 | ) | (3,683,030 | ) | (50,569,145 | ) | |||||||||||||||
Net decrease | (904,458 | ) | $ | (13,806,198 | ) | (972,349 | ) | $ | (12,869,214 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 114,219 | $ | 1,695,015 | 336,357 | $ | 4,632,580 | |||||||||||||||||
Distributions reinvested | — | — | 13,552 | 191,125 | |||||||||||||||||||
Repurchased | (188,901 | ) | (2,882,677 | ) | (655,952 | ) | (8,932,875 | ) | |||||||||||||||
Net decrease | (74,682 | ) | $ | (1,187,662 | ) | (306,043 | ) | $ | (4,109,170 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 92,926 | $ | 1,432,066 | 1,671,576 | $ | 23,048,662 | |||||||||||||||||
Distributions reinvested | — | — | 38,867 | 551,791 | |||||||||||||||||||
Repurchased | (151,212 | ) | (2,314,036 | ) | (501,693 | ) | (6,923,882 | ) | |||||||||||||||
Net increase (decrease) | (58,286 | ) | $ | (881,970 | ) | 1,208,750 | $ | 16,676,571 | |||||||||||||||
Total net decrease | (1,037,426 | ) | $ | (15,875,830 | ) | (69,642 | ) | $ | (301,813 | ) | |||||||||||||
Fundamental All Cap Core Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 99,448 | $ | 2,623,414 | 510,964 | $ | 12,039,843 | |||||||||||||||||
Distributions reinvested | — | — | 217,160 | 5,082,008 | |||||||||||||||||||
Repurchased | (699,465 | ) | (18,470,248 | ) | (1,061,221 | ) | (25,189,545 | ) | |||||||||||||||
Net decrease | (600,017 | ) | $ | (15,846,834 | ) | (333,097 | ) | $ | (8,067,694 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 40,834 | $ | 1,074,142 | 124,479 | $ | 2,904,063 | |||||||||||||||||
Distributions reinvested | — | — | 65,300 | 1,517,007 | |||||||||||||||||||
Repurchased | (155,533 | ) | (4,124,272 | ) | (428,684 | ) | (10,046,310 | ) | |||||||||||||||
Net decrease | (114,699 | ) | $ | (3,050,130 | ) | (238,905 | ) | $ | (5,625,240 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 259,146 | $ | 6,783,945 | 3,311,045 | $ | 75,836,113 | |||||||||||||||||
Distributions reinvested | — | — | 2,064,692 | 48,594,777 | |||||||||||||||||||
Repurchased | (2,268,442 | ) | (60,130,622 | ) | (8,199,979 | ) | (190,863,491 | ) | |||||||||||||||
Net decrease | (2,009,296 | ) | $ | (53,346,677 | ) | (2,824,242 | ) | $ | (66,432,601 | ) | |||||||||||||
Total net decrease | (2,724,012 | ) | $ | (72,243,641 | ) | (3,396,244 | ) | $ | (80,125,535 | ) | |||||||||||||
Fundamental Large Cap Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 31,521 | $ | 651,735 | 161,887 | $ | 3,154,623 | |||||||||||||||||
Distributions reinvested | — | — | 417,713 | 8,382,268 | |||||||||||||||||||
Repurchased | (1,960,966 | ) | (41,531,138 | ) | (5,263,151 | ) | (104,534,078 | ) | |||||||||||||||
Net decrease | (1,929,445 | ) | $ | (40,879,403 | ) | (4,683,551 | ) | $ | (92,997,187 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 103,911 | $ | 2,150,453 | 71,830 | $ | 1,413,805 | |||||||||||||||||
Distributions reinvested | — | — | 141,814 | 2,862,570 | |||||||||||||||||||
Repurchased | (885,452 | ) | (18,988,844 | ) | (1,801,067 | ) | (35,851,641 | ) | |||||||||||||||
Net decrease | (781,541 | ) | $ | (16,838,391 | ) | (1,587,423 | ) | $ | (31,575,266 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 290,491 | $ | 6,174,690 | 416,975 | $ | 8,286,394 | |||||||||||||||||
Distributions reinvested | — | — | 72,824 | 1,463,195 | |||||||||||||||||||
Repurchased | (276,129 | ) | (5,893,251 | ) | (636,729 | ) | (12,629,667 | ) | |||||||||||||||
Net increase (decrease) | 14,362 | $ | 281,439 | (146,930 | ) | $ | (2,880,078 | ) | |||||||||||||||
Total net decrease | (2,696,624 | ) | $ | (57,436,355 | ) | (6,417,904 | ) | $ | (127,452,531 | ) |
Global Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 83,818 | $ | 1,805,892 | 31,832 | $ | 657,313 | |||||||||||||||||
Distributions reinvested | — | — | 127,367 | 2,689,000 | |||||||||||||||||||
Repurchased | (378,119 | ) | (8,343,017 | ) | (978,283 | ) | (20,147,918 | ) | |||||||||||||||
Net decrease | (294,301 | ) | $ | (6,537,125 | ) | (819,084 | ) | $ | (16,801,605 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 19,710 | $ | 431,115 | 51,607 | $ | 1,078,942 | |||||||||||||||||
Distributions reinvested | — | — | 34,619 | 727,926 | |||||||||||||||||||
Repurchased | (200,306 | ) | (4,389,862 | ) | (340,336 | ) | (6,944,978 | ) | |||||||||||||||
Net decrease | (180,596 | ) | $ | (3,958,747 | ) | (254,110 | ) | $ | (5,138,110 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 219,272 | $ | 4,802,508 | 201,548 | $ | 4,232,368 | |||||||||||||||||
Distributions reinvested | — | — | 42,423 | 894,353 | |||||||||||||||||||
Repurchased | (303,837 | ) | (6,696,511 | ) | (288,143 | ) | (6,025,330 | ) | |||||||||||||||
Net decrease | (84,565 | ) | $ | (1,894,003 | ) | (44,172 | ) | $ | (898,609 | ) | |||||||||||||
Total net decrease | (559,462 | ) | $ | (12,389,875 | ) | (1,117,366 | ) | $ | (22,838,324 | ) | |||||||||||||
Health Sciences Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 116,316 | $ | 3,022,433 | 409,554 | $ | 10,276,474 | |||||||||||||||||
Distributions reinvested | — | — | 453,839 | 10,647,055 | |||||||||||||||||||
Repurchased | (357,169 | ) | (9,379,839 | ) | (881,657 | ) | (21,590,971 | ) | |||||||||||||||
Net decrease | (240,853 | ) | $ | (6,357,406 | ) | (18,264 | ) | $ | (667,442 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 168,710 | $ | 4,269,100 | 195,559 | $ | 4,462,820 | |||||||||||||||||
Distributions reinvested | — | — | 371,236 | 8,100,368 | |||||||||||||||||||
Repurchased | (351,619 | ) | (8,528,981 | ) | (797,986 | ) | (18,428,959 | ) | |||||||||||||||
Net decrease | (182,909 | ) | $ | (4,259,881 | ) | (231,191 | ) | $ | (5,865,771 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 154,257 | $ | 4,067,497 | 369,833 | $ | 9,370,247 | |||||||||||||||||
Distributions reinvested | — | — | 431,000 | 10,244,857 | |||||||||||||||||||
Repurchased | (208,020 | ) | (5,582,553 | ) | (930,193 | ) | (23,099,413 | ) | |||||||||||||||
Net decrease | (53,763 | ) | $ | (1,515,056 | ) | (129,360 | ) | $ | (3,484,309 | ) | |||||||||||||
Total net decrease | (477,525 | ) | $ | (12,132,343 | ) | (378,815 | ) | $ | (10,017,522 | ) | |||||||||||||
International Equity Index Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 1,159,405 | $ | 21,905,905 | 3,529,540 | $ | 59,705,975 | |||||||||||||||||
Distributions reinvested | — | — | 443,360 | 7,957,482 | |||||||||||||||||||
Repurchased | (784,396 | ) | (14,491,671 | ) | (1,048,678 | ) | (18,037,273 | ) | |||||||||||||||
Net increase | 375,009 | $ | 7,414,234 | 2,924,222 | $ | 49,626,184 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 128,032 | $ | 2,477,914 | 170,998 | $ | 2,924,821 | |||||||||||||||||
Distributions reinvested | — | — | 18,893 | 339,214 | |||||||||||||||||||
Repurchased | (150,207 | ) | (2,794,457 | ) | (172,505 | ) | (2,937,705 | ) | |||||||||||||||
Net increase (decrease) | (22,175 | ) | $ | (316,543 | ) | 17,386 | $ | 326,330 | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 1,126,683 | $ | 20,771,096 | 1,869,265 | $ | 32,390,419 | |||||||||||||||||
Distributions reinvested | — | — | 425,828 | 7,640,403 | |||||||||||||||||||
Repurchased | (1,143,341 | ) | (20,908,067 | ) | (1,980,882 | ) | (32,644,047 | ) | |||||||||||||||
Net increase (decrease) | (16,658 | ) | $ | (136,971 | ) | 314,211 | $ | 7,386,775 | |||||||||||||||
Total net increase | 336,176 | $ | 6,960,720 | 3,255,819 | $ | 57,339,289 | |||||||||||||||||
International Growth Stock Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 34,477 | $ | 649,994 | 82,409 | $ | 1,394,577 | |||||||||||||||||
Distributions reinvested | — | — | 4,408 | 79,484 | |||||||||||||||||||
Repurchased | (45,162 | ) | (836,339 | ) | (17,922 | ) | (314,964 | ) | |||||||||||||||
Net increase (decrease) | (10,685 | ) | $ | (186,345 | ) | 68,895 | $ | 1,159,097 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 58,393 | $ | 1,088,944 | 79,824 | $ | 1,386,596 | |||||||||||||||||
Distributions reinvested | — | — | 12,608 | 226,945 | |||||||||||||||||||
Repurchased | (78,710 | ) | (1,450,518 | ) | (181,702 | ) | (3,166,023 | ) | |||||||||||||||
Net decrease | (20,317 | ) | $ | (361,574 | ) | (89,270 | ) | $ | (1,552,482 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 401,760 | $ | 7,390,604 | 1,077,091 | $ | 18,574,203 | |||||||||||||||||
Distributions reinvested | — | — | 280,567 | 5,064,621 | |||||||||||||||||||
Repurchased | (815,863 | ) | (15,162,795 | ) | (4,137,136 | ) | (70,821,156 | ) | |||||||||||||||
Net decrease | (414,103 | ) | $ | (7,772,191 | ) | (2,779,478 | ) | $ | (47,182,332 | ) | |||||||||||||
Total net decrease | (445,105 | ) | $ | (8,320,110 | ) | (2,799,853 | ) | $ | (47,575,717 | ) |
International Small Company Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 25,886 | $ | 421,084 | 277,326 | $ | 4,081,402 | |||||||||||||||||
Distributions reinvested | — | — | 32,474 | 487,758 | |||||||||||||||||||
Repurchased | (318,974 | ) | (5,033,953 | ) | (445,283 | ) | (6,369,820 | ) | |||||||||||||||
Net decrease | (293,088 | ) | $ | (4,612,869 | ) | (135,483 | ) | $ | (1,800,660 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 37,980 | $ | 617,983 | 121,781 | $ | 1,776,336 | |||||||||||||||||
Distributions reinvested | — | — | 15,926 | 238,151 | |||||||||||||||||||
Repurchased | (120,593 | ) | (1,944,888 | ) | (285,453 | ) | (4,064,739 | ) | |||||||||||||||
Net decrease | (82,613 | ) | $ | (1,326,905 | ) | (147,746 | ) | $ | (2,050,252 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 489,783 | $ | 7,831,189 | 1,485,611 | $ | 21,369,535 | |||||||||||||||||
Distributions reinvested | — | — | 81,192 | 1,220,666 | |||||||||||||||||||
Repurchased | (724,045 | ) | (11,617,763 | ) | (394,484 | ) | (5,726,895 | ) | |||||||||||||||
Net increase (decrease) | (234,262 | ) | $ | (3,786,574 | ) | 1,172,319 | $ | 16,863,306 | |||||||||||||||
Total net increase (decrease) | (609,963 | ) | $ | (9,726,348 | ) | 889,090 | $ | 13,012,394 | |||||||||||||||
International Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 88,746 | $ | 1,276,446 | 52,845 | $ | 723,898 | |||||||||||||||||
Distributions reinvested | — | — | 144,614 | 2,014,386 | |||||||||||||||||||
Repurchased | (559,332 | ) | (8,000,892 | ) | (1,286,081 | ) | (17,567,061 | ) | |||||||||||||||
Net decrease | (470,586 | ) | $ | (6,724,446 | ) | (1,088,622 | ) | $ | (14,828,777 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 24,933 | $ | 345,284 | 80,606 | $ | 1,107,013 | |||||||||||||||||
Distributions reinvested | — | — | 81,659 | 1,136,690 | |||||||||||||||||||
Repurchased | (393,028 | ) | (5,613,139 | ) | (1,047,347 | ) | (14,338,254 | ) | |||||||||||||||
Net decrease | (368,095 | ) | $ | (5,267,855 | ) | (885,082 | ) | $ | (12,094,551 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 1,457,400 | $ | 20,516,330 | 1,490,898 | $ | 20,466,588 | |||||||||||||||||
Distributions reinvested | — | — | 911,698 | 12,607,799 | |||||||||||||||||||
Repurchased | (3,397,216 | ) | (48,396,790 | ) | (8,910,178 | ) | (120,909,688 | ) | |||||||||||||||
Net decrease | (1,939,816 | ) | $ | (27,880,460 | ) | (6,507,582 | ) | $ | (87,835,301 | ) | |||||||||||||
Total net decrease | (2,778,497 | ) | $ | (39,872,761 | ) | (8,481,286 | ) | $ | (114,758,629 | ) | |||||||||||||
Lifestyle Aggressive Portfolio | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 15,097 | $ | 223,688 | 7,375 | $ | 104,842 | |||||||||||||||||
Distributions reinvested | — | — | 7,173 | 104,869 | |||||||||||||||||||
Repurchased | (21,493 | ) | (335,692 | ) | (93,583 | ) | (1,350,541 | ) | |||||||||||||||
Net decrease | (6,396 | ) | $ | (112,004 | ) | (79,035 | ) | $ | (1,140,830 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 73,457 | $ | 1,130,598 | 53,338 | $ | 754,885 | |||||||||||||||||
Distributions reinvested | — | — | 36,689 | 534,720 | |||||||||||||||||||
Repurchased | (91,913 | ) | (1,421,074 | ) | (200,165 | ) | (2,820,291 | ) | |||||||||||||||
Net decrease | (18,456 | ) | $ | (290,476 | ) | (110,138 | ) | $ | (1,530,686 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 362,628 | $ | 5,597,397 | 252,095 | $ | 3,428,507 | |||||||||||||||||
Distributions reinvested | — | — | 12,391 | 181,791 | |||||||||||||||||||
Repurchased | (134,272 | ) | (2,046,269 | ) | (13,679 | ) | (193,596 | ) | |||||||||||||||
Net increase | 228,356 | $ | 3,551,128 | 250,807 | $ | 3,416,702 | |||||||||||||||||
Total net increase | 203,504 | $ | 3,148,648 | 61,634 | $ | 745,186 | |||||||||||||||||
Lifestyle Balanced Portfolio | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 165,180 | $ | 2,469,666 | 458,304 | $ | 6,765,166 | |||||||||||||||||
Distributions reinvested | — | — | 72,446 | 1,077,444 | |||||||||||||||||||
Repurchased | (128,855 | ) | (1,936,726 | ) | (483,055 | ) | (6,957,352 | ) | |||||||||||||||
Net increase | 36,325 | $ | 532,940 | 47,695 | $ | 885,258 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 1,009,277 | $ | 15,157,547 | 1,617,070 | $ | 23,557,701 | |||||||||||||||||
Distributions reinvested | — | — | 1,914,417 | 28,484,622 | |||||||||||||||||||
Repurchased | (4,310,175 | ) | (64,521,953 | ) | (6,607,390 | ) | (96,720,002 | ) | |||||||||||||||
Net decrease | (3,300,898 | ) | $ | (49,364,406 | ) | (3,075,903 | ) | $ | (44,677,679 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 360,105 | $ | 5,397,248 | 928,652 | $ | 13,526,858 | |||||||||||||||||
Distributions reinvested | — | — | 177,720 | 2,641,365 | |||||||||||||||||||
Repurchased | (61,175 | ) | (915,918 | ) | (101,881 | ) | (1,482,853 | ) | |||||||||||||||
Net increase | 298,930 | $ | 4,481,330 | 1,004,491 | $ | 14,685,370 | |||||||||||||||||
Total net decrease | (2,965,643 | ) | $ | (44,350,136 | ) | (2,023,717 | ) | $ | (29,107,051 | ) |
Lifestyle Conservative Portfolio | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 153,685 | $ | 2,042,459 | 274,423 | $ | 3,710,799 | |||||||||||||||||
Distributions reinvested | — | — | 25,715 | 344,834 | |||||||||||||||||||
Repurchased | (134,921 | ) | (1,796,432 | ) | (117,968 | ) | (1,591,199 | ) | |||||||||||||||
Net increase | 18,764 | $ | 246,027 | 182,170 | $ | 2,464,434 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 1,161,528 | $ | 15,414,426 | 1,122,068 | $ | 15,004,321 | |||||||||||||||||
Distributions reinvested | — | — | 355,249 | 4,767,469 | |||||||||||||||||||
Repurchased | (1,107,808 | ) | (14,688,197 | ) | (2,884,839 | ) | (38,577,218 | ) | |||||||||||||||
Net increase (decrease) | 53,720 | $ | 726,229 | (1,407,522 | ) | $ | (18,805,428 | ) | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 31,494 | $ | 416,384 | 47,114 | $ | 632,510 | |||||||||||||||||
Distributions reinvested | — | — | 8,429 | 112,968 | |||||||||||||||||||
Repurchased | (4,912 | ) | (65,063 | ) | (6,577 | ) | (87,943 | ) | |||||||||||||||
Net increase | 26,582 | $ | 351,321 | 48,966 | $ | 657,535 | |||||||||||||||||
Total net increase (decrease) | 99,066 | $ | 1,323,577 | (1,176,386 | ) | $ | (15,683,459 | ) | |||||||||||||||
Lifestyle Growth Portfolio | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 143,729 | $ | 2,373,533 | 411,043 | $ | 6,348,628 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 8,715,614 | 142,041,750 | |||||||||||||||||||
Distributions reinvested | — | — | 327,410 | 5,332,384 | |||||||||||||||||||
Repurchased | (890,600 | ) | (14,714,089 | ) | (1,069,256 | ) | (17,128,515 | ) | |||||||||||||||
Net increase (decrease) | (746,871 | ) | $ | (12,340,556 | ) | 8,384,811 | $ | 136,594,247 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 96,366 | $ | 1,593,522 | 783,210 | $ | 11,805,916 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 209,799,796 | 3,417,645,177 | |||||||||||||||||||
Distributions reinvested | — | — | 8,198,909 | 133,368,825 | |||||||||||||||||||
Repurchased | (25,156,408 | ) | (415,199,287 | ) | (24,327,569 | ) | (387,881,676 | ) | |||||||||||||||
Net increase (decrease) | (25,060,042 | ) | $ | (413,605,765 | ) | 194,454,346 | $ | 3,174,938,242 | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 735,511 | $ | 12,152,901 | 1,285,404 | $ | 20,111,936 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 12,208,429 | 198,936,913 | |||||||||||||||||||
Distributions reinvested | — | — | 471,016 | 7,673,324 | |||||||||||||||||||
Repurchased | (395,865 | ) | (6,550,342 | ) | (363,582 | ) | (5,801,479 | ) | |||||||||||||||
Net increase | 339,646 | $ | 5,602,559 | 13,601,267 | $ | 220,920,694 | |||||||||||||||||
Total net increase (decrease) | (25,467,267 | ) | $ | (420,343,762 | ) | 216,440,424 | $ | 3,532,453,183 | |||||||||||||||
Lifestyle Moderate Portfolio | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 44,181 | $ | 635,859 | 156,293 | $ | 2,207,261 | |||||||||||||||||
Distributions reinvested | — | — | 24,026 | 345,645 | |||||||||||||||||||
Repurchased | (78,018 | ) | (1,115,035 | ) | (153,278 | ) | (2,179,604 | ) | |||||||||||||||
Net increase (decrease) | (33,837 | ) | $ | (479,176 | ) | 27,041 | $ | 373,302 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 535,227 | $ | 7,701,451 | 846,541 | $ | 12,014,706 | |||||||||||||||||
Distributions reinvested | — | — | 606,481 | 8,737,037 | |||||||||||||||||||
Repurchased | (1,302,790 | ) | (18,765,035 | ) | (2,914,876 | ) | (41,400,143 | ) | |||||||||||||||
Net decrease | (767,563 | ) | $ | (11,063,584 | ) | (1,461,854 | ) | $ | (20,648,400 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 109,272 | $ | 1,568,335 | 335,198 | $ | 4,777,300 | |||||||||||||||||
Distributions reinvested | — | — | 42,346 | 609,492 | |||||||||||||||||||
Repurchased | (27,384 | ) | (392,280 | ) | (53,126 | ) | (762,890 | ) | |||||||||||||||
Net increase | 81,888 | $ | 1,176,055 | 324,418 | $ | 4,623,902 | |||||||||||||||||
Total net decrease | (719,512 | ) | $ | (10,366,705 | ) | (1,110,395 | ) | $ | (15,651,196 | ) |
Mid Cap Index Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 344,915 | $ | 8,083,044 | 16,777,609 | $ | 371,826,162 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 4,068,487 | 90,512,832 | |||||||||||||||||||
Distributions reinvested | — | — | 2,734,514 | 56,416,389 | |||||||||||||||||||
Repurchased | (3,101,620 | ) | (72,070,213 | ) | (5,800,817 | ) | (129,285,373 | ) | |||||||||||||||
Net increase (decrease) | (2,756,705 | ) | $ | (63,987,169 | ) | 17,779,793 | $ | 389,470,010 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 19,847 | $ | 469,964 | 53,594 | $ | 1,190,271 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 1,018,218 | 22,519,487 | |||||||||||||||||||
Distributions reinvested | — | — | 207,249 | 4,239,287 | |||||||||||||||||||
Repurchased | (375,992 | ) | (8,655,685 | ) | (556,445 | ) | (12,291,206 | ) | |||||||||||||||
Net increase (decrease) | (356,145 | ) | $ | (8,185,721 | ) | 722,616 | $ | 15,657,839 | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 977,127 | $ | 22,836,059 | 2,164,633 | $ | 47,644,520 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 1,358,461 | 30,228,121 | |||||||||||||||||||
Distributions reinvested | — | — | 520,606 | 10,742,820 | |||||||||||||||||||
Repurchased | (970,375 | ) | (22,455,381 | ) | (1,695,750 | ) | (37,727,420 | ) | |||||||||||||||
Net increase | 6,752 | $ | 380,678 | 2,347,950 | $ | 50,888,041 | |||||||||||||||||
Total net increase (decrease) | (3,106,098 | ) | $ | (71,792,212 | ) | 20,850,359 | $ | 456,015,890 | |||||||||||||||
Mid Cap Stock Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 26,272 | $ | 519,946 | 69,105 | $ | 1,108,332 | |||||||||||||||||
Issued in reorganization (Note 12) | 27,279 | 508,219 | — | — | |||||||||||||||||||
Distributions reinvested | — | — | 204,744 | 3,363,937 | |||||||||||||||||||
Repurchased | (737,986 | ) | (14,090,872 | ) | (1,565,026 | ) | (25,485,623 | ) | |||||||||||||||
Net decrease | (684,435 | ) | $ | (13,062,707 | ) | (1,291,177 | ) | $ | (21,013,354 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | �� | 144,799 | $ | 2,664,893 | 194,232 | $ | 2,940,230 | ||||||||||||||||
Distributions reinvested (Note 12) | — | — | 117,328 | 1,826,795 | |||||||||||||||||||
Repurchased | (496,939 | ) | (8,928,129 | ) | (959,121 | ) | (14,946,066 | ) | |||||||||||||||
Net decrease | (352,140 | ) | $ | (6,263,236 | ) | (647,561 | ) | $ | (10,179,041 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 78,924 | $ | 1,495,602 | 1,038,688 | $ | 17,534,972 | |||||||||||||||||
Issued in reorganization (Note 12) | 6,187,696 | 116,656,722 | — | — | |||||||||||||||||||
Distributions reinvested | — | — | 601,769 | 10,001,394 | |||||||||||||||||||
Repurchased | (8,063,448 | ) | (159,878,665 | ) | (5,270,967 | ) | (86,805,507 | ) | |||||||||||||||
Net increase (decrease) | (1,796,828 | ) | $ | (41,726,341 | ) | (3,630,510 | ) | $ | (59,269,141 | ) | |||||||||||||
Total net increase (decrease) | (2,833,403 | ) | $ | (61,052,284 | ) | (5,569,248 | ) | $ | (90,461,536 | ) | |||||||||||||
Mid Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 916,912 | $ | 11,043,603 | 895,253 | $ | 10,536,809 | |||||||||||||||||
Distributions reinvested | — | — | 3,034,218 | 32,506,214 | |||||||||||||||||||
Repurchased | (2,325,621 | ) | (27,322,770 | ) | (6,167,179 | ) | (71,952,167 | ) | |||||||||||||||
Net decrease | (1,408,709 | ) | $ | (16,279,167 | ) | (2,237,708 | ) | $ | (28,909,144 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 9,973 | $ | 117,494 | 121,742 | $ | 1,438,643 | |||||||||||||||||
Distributions reinvested | — | — | 580,177 | 6,210,704 | |||||||||||||||||||
Repurchased | (377,507 | ) | (4,436,100 | ) | (1,106,556 | ) | (12,935,548 | ) | |||||||||||||||
Net decrease | (367,534 | ) | $ | (4,318,606 | ) | (404,637 | ) | $ | (5,286,201 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 167,850 | $ | 1,963,297 | 2,091,308 | $ | 24,706,256 | |||||||||||||||||
Distributions reinvested | — | — | 4,133,054 | 44,040,813 | |||||||||||||||||||
Repurchased | (1,888,599 | ) | (21,998,555 | ) | (5,319,237 | ) | (62,264,857 | ) | |||||||||||||||
Net increase (decrease) | (1,720,749 | ) | $ | (20,035,258 | ) | 905,125 | $ | 6,482,212 | |||||||||||||||
Total net decrease | (3,496,992 | ) | $ | (40,633,031 | ) | (1,737,220 | ) | $ | (27,713,133 | ) | |||||||||||||
Mutual Shares Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 443,636 | $ | 2,884,981 | 909,647 | $ | 7,075,139 | |||||||||||||||||
Distributions reinvested | — | — | 12,508,636 | 80,318,543 | |||||||||||||||||||
Repurchased | (1,497,727 | ) | (10,067,885 | ) | (2,380,072 | ) | (21,821,457 | ) | |||||||||||||||
Net increase (decrease) | (1,054,091 | ) | $ | (7,182,904 | ) | 11,038,211 | $ | 65,572,225 | |||||||||||||||
Total net increase (decrease) | (1,054,091 | ) | $ | (7,182,904 | ) | 11,038,211 | $ | 65,572,225 |
Real Estate Securities Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 36,379 | $ | 672,140 | 27,927 | $ | 544,220 | |||||||||||||||||
Distributions reinvested | — | — | 20,526 | 405,805 | |||||||||||||||||||
Repurchased | (340,868 | ) | (6,378,810 | ) | (678,969 | ) | (12,983,784 | ) | |||||||||||||||
Net decrease | (304,489 | ) | $ | (5,706,670 | ) | (630,516 | ) | $ | (12,033,759 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 6,667 | $ | 120,435 | 103,156 | $ | 1,995,046 | |||||||||||||||||
Distributions reinvested | — | — | 8,333 | 164,996 | |||||||||||||||||||
Repurchased | (216,558 | ) | (4,071,055 | ) | (577,814 | ) | (11,075,777 | ) | |||||||||||||||
Net decrease | (209,891 | ) | $ | (3,950,620 | ) | (466,325 | ) | $ | (8,915,735 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 380,091 | $ | 7,075,046 | 566,369 | $ | 10,911,861 | |||||||||||||||||
Distributions reinvested | — | — | 72,773 | 1,429,264 | |||||||||||||||||||
Repurchased | (1,402,497 | ) | (26,033,689 | ) | (2,085,129 | ) | (39,681,843 | ) | |||||||||||||||
Net decrease | (1,022,406 | ) | $ | (18,958,643 | ) | (1,445,987 | ) | $ | (27,340,718 | ) | |||||||||||||
Total net decrease | (1,536,786 | ) | $ | (28,615,933 | ) | (2,542,828 | ) | $ | (48,290,212 | ) | |||||||||||||
Science & Technology Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 1,808,174 | $ | 60,143,036 | 2,936,766 | $ | 79,432,718 | |||||||||||||||||
Distributions reinvested | — | — | 1,140,380 | 30,870,085 | |||||||||||||||||||
Repurchased | (1,073,339 | ) | (34,866,921 | ) | (2,403,913 | ) | (65,923,924 | ) | |||||||||||||||
Net increase | 734,835 | $ | 25,276,115 | 1,673,233 | $ | 44,378,879 | |||||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 232,725 | $ | 7,360,856 | 296,323 | $ | 7,518,076 | |||||||||||||||||
Distributions reinvested | — | — | 111,767 | 2,909,292 | |||||||||||||||||||
Repurchased | (191,031 | ) | (6,054,661 | ) | (488,436 | ) | (12,947,160 | ) | |||||||||||||||
Net increase (decrease) | 41,694 | $ | 1,306,195 | (80,346 | ) | $ | (2,519,792 | ) | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 221,476 | $ | 7,385,049 | 358,577 | $ | 10,237,066 | |||||||||||||||||
Distributions reinvested | — | — | 86,741 | 2,370,636 | |||||||||||||||||||
Repurchased | (85,294 | ) | (2,858,518 | ) | (344,270 | ) | (9,642,667 | ) | |||||||||||||||
Net increase | 136,182 | $ | 4,526,531 | 101,048 | $ | 2,965,035 | |||||||||||||||||
Total net increase | 912,711 | $ | 31,108,841 | 1,693,935 | $ | 44,824,122 | |||||||||||||||||
Small Cap Index Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 1,102,850 | $ | 18,604,150 | 3,188,679 | $ | 48,443,112 | |||||||||||||||||
Distributions reinvested | — | — | 1,210,805 | 17,500,671 | |||||||||||||||||||
Repurchased | (1,246,369 | ) | (20,430,071 | ) | (3,347,405 | ) | (51,504,002 | ) | |||||||||||||||
Net increase (decrease) | (143,519 | ) | $ | (1,825,921 | ) | 1,052,079 | $ | 14,439,781 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 15,410 | $ | 263,637 | 64,426 | $ | 985,159 | |||||||||||||||||
Distributions reinvested | — | — | 123,792 | 1,772,985 | |||||||||||||||||||
Repurchased | (221,897 | ) | (3,649,162 | ) | (594,194 | ) | (9,008,346 | ) | |||||||||||||||
Net decrease | (206,487 | ) | $ | (3,385,525 | ) | (405,976 | ) | $ | (6,250,202 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 1,146,117 | $ | 19,172,709 | 1,273,648 | $ | 19,541,069 | |||||||||||||||||
Distributions reinvested | — | — | 392,212 | 5,681,789 | |||||||||||||||||||
Repurchased | (579,437 | ) | (9,501,107 | ) | (923,772 | ) | (14,269,748 | ) | |||||||||||||||
Net increase | 566,680 | $ | 9,671,602 | 742,088 | $ | 10,953,110 | |||||||||||||||||
Total net increase | 216,674 | $ | 4,460,156 | 1,388,191 | $ | 19,142,689 | |||||||||||||||||
Small Cap Opportunities Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 13,292 | $ | 440,172 | 28,610 | $ | 891,419 | |||||||||||||||||
Distributions reinvested | — | — | 226,686 | 6,483,208 | |||||||||||||||||||
Repurchased | (209,556 | ) | (6,858,470 | ) | (415,913 | ) | (13,067,632 | ) | |||||||||||||||
Net decrease | (196,264 | ) | $ | (6,418,298 | ) | (160,617 | ) | $ | (5,693,005 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 5,926 | $ | 198,686 | 80,315 | $ | 2,493,172 | |||||||||||||||||
Distributions reinvested | — | — | 90,654 | 2,551,910 | |||||||||||||||||||
Repurchased | (90,116 | ) | (2,906,776 | ) | (209,431 | ) | (6,442,164 | ) | |||||||||||||||
Net decrease | (84,190 | ) | $ | (2,708,090 | ) | (38,462 | ) | $ | (1,397,082 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 62,999 | $ | 2,066,965 | 177,673 | $ | 5,526,901 | |||||||||||||||||
Distributions reinvested | — | — | 215,746 | 6,137,963 | |||||||||||||||||||
Repurchased | (72,612 | ) | (2,349,448 | ) | (2,239,578 | ) | (71,533,601 | ) | |||||||||||||||
Net decrease | (9,613 | ) | $ | (282,483 | ) | (1,846,159 | ) | $ | (59,868,737 | ) | |||||||||||||
Total net decrease | (290,067 | ) | $ | (9,408,871 | ) | (2,045,238 | ) | $ | (66,958,824 | ) |
Small Cap Stock Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 955,060 | $ | 10,598,589 | 814,137 | $ | 7,365,368 | |||||||||||||||||
Repurchased | (648,369 | ) | (6,854,476 | ) | (1,877,411 | ) | (16,977,626 | ) | |||||||||||||||
Net increase (decrease) | 306,691 | $ | 3,744,113 | (1,063,274 | ) | $ | (9,612,258 | ) | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 238,218 | $ | 2,491,704 | 275,933 | $ | 2,385,010 | |||||||||||||||||
Repurchased | (263,657 | ) | (2,713,267 | ) | (727,703 | ) | (6,305,215 | ) | |||||||||||||||
Net decrease | (25,439 | ) | $ | (221,563 | ) | (451,770 | ) | $ | (3,920,205 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 757,841 | $ | 8,152,982 | 5,792,264 | $ | 56,431,241 | |||||||||||||||||
Repurchased | (3,476,161 | ) | (38,400,172 | ) | (6,103,846 | ) | (55,218,338 | ) | |||||||||||||||
Net increase (decrease) | (2,718,320 | ) | $ | (30,247,190 | ) | (311,582 | ) | $ | 1,212,903 | ||||||||||||||
Total net decrease | (2,437,068 | ) | $ | (26,724,640 | ) | (1,826,626 | ) | $ | (12,319,560 | ) | |||||||||||||
Small Cap Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 48,842 | $ | 1,003,806 | 542,545 | $ | 11,512,485 | |||||||||||||||||
Distributions reinvested | — | — | 1,527,600 | 28,011,641 | |||||||||||||||||||
Repurchased | (1,849,624 | ) | (37,619,614 | ) | (4,138,433 | ) | (85,002,992 | ) | |||||||||||||||
Net decrease | (1,800,782 | ) | $ | (36,615,808 | ) | (2,068,288 | ) | $ | (45,478,866 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 20,844 | $ | 423,742 | 92,258 | $ | 1,894,439 | |||||||||||||||||
Distributions reinvested | — | — | 166,733 | 3,032,463 | |||||||||||||||||||
Repurchased | (209,581 | ) | (4,284,542 | ) | (430,216 | ) | (8,838,716 | ) | |||||||||||||||
Net decrease | (188,737 | ) | $ | (3,860,800 | ) | (171,225 | ) | $ | (3,911,814 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 115,495 | $ | 2,296,577 | 1,654,169 | $ | 33,756,143 | |||||||||||||||||
Distributions reinvested | — | — | 1,409,576 | 25,794,243 | |||||||||||||||||||
Repurchased | (1,050,325 | ) | (21,514,201 | ) | (2,185,431 | ) | (45,089,140 | ) | |||||||||||||||
Net increase (decrease) | (934,830 | ) | $ | (19,217,624 | ) | 878,314 | $ | 14,461,246 | |||||||||||||||
Total net decrease | (2,924,349 | ) | $ | (59,694,232 | ) | (1,361,199 | ) | $ | (34,929,434 | ) | |||||||||||||
Small Company Value Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 6,823 | $ | 143,127 | 77,905 | $ | 1,695,467 | |||||||||||||||||
Distributions reinvested | — | — | 504,740 | 9,418,446 | |||||||||||||||||||
Repurchased | (228,810 | ) | (4,778,278 | ) | (666,681 | ) | (14,380,015 | ) | |||||||||||||||
Net decrease | (221,987 | ) | $ | (4,635,151 | ) | (84,036 | ) | $ | (3,266,102 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 32,412 | $ | 678,760 | 73,179 | $ | 1,527,835 | |||||||||||||||||
Distributions reinvested | — | — | 434,369 | 7,944,612 | |||||||||||||||||||
Repurchased | (258,692 | ) | (5,279,323 | ) | (520,632 | ) | (11,010,186 | ) | |||||||||||||||
Net decrease | (226,280 | ) | $ | (4,600,563 | ) | (13,084 | ) | $ | (1,537,739 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 104,476 | $ | 2,149,116 | 1,153,661 | $ | 24,325,755 | |||||||||||||||||
Distributions reinvested | — | — | 1,257,810 | 23,407,837 | |||||||||||||||||||
Repurchased | (635,691 | ) | (13,411,136 | ) | (946,980 | ) | (19,909,403 | ) | |||||||||||||||
Net increase (decrease) | (531,215 | ) | $ | (11,262,020 | ) | 1,464,491 | $ | 27,824,189 | |||||||||||||||
Total net increase (decrease) | (979,482 | ) | $ | (20,497,734 | ) | 1,367,371 | $ | 23,020,348 | |||||||||||||||
Strategic Equity Allocation Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 39,559 | $ | 797,129 | 262,562 | $ | 4,696,385 | |||||||||||||||||
Distributions reinvested | — | — | 19,226,703 | 361,758,039 | |||||||||||||||||||
Repurchased | (39,066,856 | ) | (792,085,941 | ) | (101,101,189 | ) | (1,878,082,888 | ) | |||||||||||||||
Net decrease | (39,027,297 | ) | $ | (791,288,812 | ) | (81,611,924 | ) | $ | (1,511,628,464 | ) | |||||||||||||
Total net decrease | (39,027,297 | ) | $ | (791,288,812 | ) | (81,611,924 | ) | $ | (1,511,628,464 | ) |
Total Stock Market Index Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 434,451 | $ | 9,945,646 | 2,644,771 | $ | 53,842,903 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 2,428,390 | 49,754,824 | |||||||||||||||||||
Distributions reinvested | — | — | 928,157 | 19,355,588 | |||||||||||||||||||
Repurchased | (1,902,443 | ) | (43,277,305 | ) | (4,550,743 | ) | (96,201,498 | ) | |||||||||||||||
Net increase (decrease) | (1,467,992 | ) | $ | (33,331,659 | ) | 1,450,575 | $ | 26,751,817 | |||||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 5,074 | $ | 113,980 | 21,306 | $ | 430,272 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 326,253 | 6,658,154 | |||||||||||||||||||
Distributions reinvested | — | — | 67,253 | 1,394,131 | |||||||||||||||||||
Repurchased | (135,603 | ) | (3,097,979 | ) | (268,413 | ) | (5,621,815 | ) | |||||||||||||||
Net increase (decrease) | (130,529 | ) | $ | (2,983,999 | ) | 146,399 | $ | 2,860,742 | |||||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 513,894 | $ | 11,615,932 | 1,628,471 | $ | 33,399,609 | |||||||||||||||||
Issued in reorganization (Note 12) | — | — | 496,179 | 10,165,000 | |||||||||||||||||||
Distributions reinvested | — | — | 249,903 | 5,215,471 | |||||||||||||||||||
Repurchased | (1,349,023 | ) | (30,213,562 | ) | (1,881,737 | ) | (38,458,770 | ) | |||||||||||||||
Net increase (decrease) | (835,129 | ) | $ | (18,597,630 | ) | 492,816 | $ | 10,321,310 | |||||||||||||||
Total net increase (decrease) | (2,433,650 | ) | $ | (54,913,288 | ) | 2,089,790 | $ | 39,933,869 | |||||||||||||||
Utilities Trust | Six months ended 6-30-18 | Year ended 12-31-17 | |||||||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||||||
Series I shares | |||||||||||||||||||||||
Sold | 52,406 | $ | 742,350 | 607,162 | $ | 8,377,989 | |||||||||||||||||
Distributions reinvested | — | — | 466,479 | 6,613,452 | |||||||||||||||||||
Repurchased | (2,552,877 | ) | (35,749,941 | ) | (4,680,562 | ) | (64,774,587 | ) | |||||||||||||||
Net decrease | (2,500,471 | ) | $ | (35,007,591 | ) | (3,606,921 | ) | $ | (49,783,146 | ) | |||||||||||||
Series II shares | |||||||||||||||||||||||
Sold | 3,660 | $ | 51,308 | 51,923 | $ | 703,747 | |||||||||||||||||
Distributions reinvested | — | — | 23,727 | 332,651 | |||||||||||||||||||
Repurchased | (131,164 | ) | (1,816,714 | ) | (203,218 | ) | (2,758,068 | ) | |||||||||||||||
Net decrease | (127,504 | ) | $ | (1,765,406 | ) | (127,568 | ) | $ | (1,721,670 | ) | |||||||||||||
Series NAV shares | |||||||||||||||||||||||
Sold | 67,338 | $ | 936,837 | 215,696 | $ | 2,966,751 | |||||||||||||||||
Distributions reinvested | — | — | 52,042 | 736,759 | |||||||||||||||||||
Repurchased | (198,090 | ) | (2,758,224 | ) | (315,948 | ) | (4,354,639 | ) | |||||||||||||||
Net decrease | (130,752 | ) | $ | (1,821,387 | ) | (48,210 | ) | $ | (651,129 | ) | |||||||||||||
Total net decrease | (2,758,727 | ) | $ | (38,594,384 | ) | (3,782,699 | ) | $ | (52,155,945 | ) |
Portfolio | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust | $ | 79,325,576 | $ | 87,094,752 | ||||||
American Asset Allocation Trust | 70,686,683 | 104,963,346 | ||||||||
American Global Growth Trust | 17,687,395 | 20,755,064 | ||||||||
American Growth Trust | 90,876,515 | 97,790,772 | ||||||||
American Growth-Income Trust | 79,773,684 | 106,352,926 | ||||||||
American International Trust | 52,780,086 | 54,054,831 | ||||||||
Blue Chip Growth Trust | 182,404,750 | 357,096,930 | ||||||||
Capital Appreciation Trust | 182,529,872 | 308,766,399 | ||||||||
Capital Appreciation Value Trust | 145,977,943 | 152,121,505 | ||||||||
Emerging Markets Value Trust | 53,736,536 | 74,967,316 | ||||||||
Equity Income Trust | 176,936,787 | 223,147,712 | ||||||||
Financial Industries Trust | 35,537,103 | 44,821,593 | ||||||||
Fundamental All Cap Core Trust | 87,982,353 | 177,236,996 | ||||||||
Fundamental Large Cap Value Trust | 95,970,055 | 152,528,206 | ||||||||
Global Trust | 36,847,045 | 48,939,185 | ||||||||
Health Sciences Trust | 71,349,836 | 85,051,029 | ||||||||
International Equity Index Trust | 30,696,223 | 10,392,129 | ||||||||
International Growth Stock Trust | 91,888,652 | 82,116,806 | ||||||||
International Small Company Trust | 14,447,455 | 21,887,370 | ||||||||
International Value Trust | 130,732,226 | 162,946,155 | ||||||||
Lifestyle Aggressive Portfolio | 6,776,714 | 3,656,462 | ||||||||
Lifestyle Balanced Portfolio | 17,300,362 | 63,097,928 | ||||||||
Lifestyle Conservative Portfolio | 16,277,174 | 15,212,595 | ||||||||
Lifestyle Growth Portfolio | 1,976,430 | 431,956,554 |
Portfolio | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Lifestyle Moderate Portfolio | $ | 7,928,158 | $ | 18,753,342 | ||||||
Mid Cap Index Trust | 123,022,926 | 224,797,601 | ||||||||
Mid Cap Stock Trust | 260,191,379 | 472,884,215 | ||||||||
Mid Value Trust | 118,975,380 | 169,151,457 | ||||||||
Mutual Shares Trust | 13,648,817 | 25,661,590 | ||||||||
Real Estate Securities Trust | 302,557,605 | 328,168,961 | ||||||||
Science & Technology Trust | 460,928,600 | 453,535,479 | ||||||||
Small Cap Stock Trust | 214,680,314 | 242,188,758 | ||||||||
Small Cap Index Trust | 99,690,654 | 102,396,150 | ||||||||
Small Cap Opportunities Trust | 16,424,981 | 22,270,475 | ||||||||
Small Cap Value Trust | 36,872,810 | 90,366,293 | ||||||||
Small Company Value Trust | 38,013,636 | 58,030,098 | ||||||||
Strategic Equity Allocation Trust | 258,654,655 | 951,931,999 | ||||||||
Total Stock Market Index Trust | 5,323,907 | 68,174,281 | ||||||||
Utilities Trust | 31,467,386 | 64,377,644 |
Portfolio | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust | $ | 24,221,170 | $ | 16,453,512 | ||||||
Mutual Shares Trust | 4,994,802 | 690,465 |
Portfolio | | Affiliated Concentration | ||||
---|---|---|---|---|---|---|
Blue Chip Growth Trust | 29.9 | % | ||||
Capital Appreciation Trust | 49.7 | % | ||||
Emerging Markets Value Trust | 66.5 | % | ||||
Equity Income Trust | 51.7 | % | ||||
International Growth Stock Trust | 80.7 | % | ||||
International Value Trust | 57.2 | % | ||||
Mid Cap Stock Trust | 35.7 | % | ||||
Mid Value Trust | 36.6 | % | ||||
Small Cap Stock Trust | 30.8 | % | ||||
Small Cap Value Trust | 21.4 | % | ||||
Small Company Value Trust | 46.0 | % | ||||
Strategic Equity Allocation Trust | 100.0 | % |
Portfolio | | Affiliate Series NAV | | Percentage of Underlying Portfolio’s Net Assets | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Lifestyle Balance Portfolio | Select Bond Trust | 5.7 | % | |||||||
Lifestyle Growth Portfolio | Strategic Equity Allocation Trust | 42.9 | % | |||||||
Select Bond Trust | 22.4 | % |
Dividends and distributions | ||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Beginning share amount | | Shares purchased | | Shares sold | | Ending share amount | | Income distributions received | | Capital gain distributions received | | Realized gain (loss) | | Change in unrealized apreciation (depreciation) | | Ending value | ||||||||||||||||||||
Lifestyle Aggressive Portfolio | ||||||||||||||||||||||||||||||||||||||
John Hancock Collateral Trust | — | 96,357 | (63,278 | ) | 33,079 | — | — | ($47 | ) | ($19 | ) | $330,908 | ||||||||||||||||||||||||||
Strategic Equity Allocation | 1,241,814 | 253,116 | (129,873 | ) | 1,365,057 | — | — | 428,144 | (225,013 | ) | 27,396,689 | |||||||||||||||||||||||||||
— | — | $ | 428,097 | ($225,032 | ) | $27,727,597 | ||||||||||||||||||||||||||||||||
Lifestyle Balanced Portfolio | ||||||||||||||||||||||||||||||||||||||
Select Bond | 39,225,796 | 1,058,541 | (1,772,961 | ) | 38,511,376 | — | — | ($719,712 | ) | ($7,141,563 | ) | $508,735,283 | ||||||||||||||||||||||||||
Strategic Equity Allocation | 26,859,035 | 168,665 | (1,951,105 | ) | 25,076,595 | — | 6,656,721 | (950,877 | ) | 503,287,270 | ||||||||||||||||||||||||||||
— | — | $ | 5,937,009 | ($8,092,440 | ) | $1,012,022,553 | ||||||||||||||||||||||||||||||||
Lifestyle Conservative Portfolio | ||||||||||||||||||||||||||||||||||||||
Select Bond | 10,809,339 | 783,164 | (620,682 | ) | 10,971,821 | — | — | ($263,043 | ) | ($1,916,354 | ) | $144,937,761 | ||||||||||||||||||||||||||
Strategic Equity Allocation | 1,819,443 | 297,823 | (345,719 | ) | 1,771,547 | — | — | 1,095,241 | (611,471 | ) | 35,554,947 | |||||||||||||||||||||||||||
— | — | $ | 832,198 | ($2,527,825 | ) | $180,492,708 | ||||||||||||||||||||||||||||||||
Lifestyle Growth Portfolio | ||||||||||||||||||||||||||||||||||||||
Select Bond | 152,580,967 | 95,839 | (2,038,616 | ) | 150,638,190 | — | — | ($1,653,985 | ) | ($28,877,633 | ) | $1,989,930,495 | ||||||||||||||||||||||||||
Strategic Equity Allocation | 251,361,487 | — | (20,012,650 | ) | 231,348,837 | — | — | 72,321,611 | (21,885,339 | ) | 4,643,171,155 | |||||||||||||||||||||||||||
— | — | $ | 70,667,626 | ($50,762,972 | ) | $6,633,101,650 |
Dividends and distributions | ||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Beginning share amount | | Shares purchased | | Shares sold | | Ending share amount | | Income distributions received | | Capital gain distributions received | | Realized gain (loss) | | Change in unrealized apreciation (depreciation) | | Ending value | ||||||||||||||||||||
Lifestyle Moderate Portfolio | ||||||||||||||||||||||||||||||||||||||
Select Bond | 14,578,842 | 399,087 | (635,622 | ) | 14,342,307 | — | — | ($267,814 | ) | ($2,655,731 | ) | $189,461,869 | ||||||||||||||||||||||||||
Strategic Equity Allocation | 6,544,465 | 134,999 | (508,321 | ) | 6,171,143 | — | — | 1,822,927 | (363,719 | ) | 123,854,839 | |||||||||||||||||||||||||||
— | — | $ | 1,555,113 | ($3,019,450 | ) | $313,316,708 |
Fund | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust | $ | 1,978,991 | — | |||||||
Science & Technology Trust | 1,328,017 | — | ||||||||
Small Company Value Trust | 114,626 | $ | 204,828 | |||||||
Utilities Trust | 136,781 | — |
Portfolio | | Issuer, Description | | Original acquisition date | | Acquisition cost | | Beginning share amount | | Ending share amount | | Value as a percentage of portfolio’s net assets | | Value as of 6-30-18 | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Health Sciences Trust | Acerta Pharma BV, Class B | 2/8/2016 | $ | 128,018 | 4,276,305 | 4,276,305 | 0.1 | % | $ | 363,058 | ||||||||||||||||||||
Health Sciences Trust | Doximity, Inc. | 4/10/2014 | 152,390 | 31,611 | 31,611 | 0.1 | % | 152,049 | ||||||||||||||||||||||
Health Sciences Trust | Jand, Inc., Class A | 4/23/2015 | 170,752 | 14,867 | 14,867 | 0.1 | % | 227,629 | ||||||||||||||||||||||
Health Sciences Trust | Jand, Inc., Series D | 4/23/2015 | 381,289 | 33,198 | 33,198 | 0.2 | % | 508,295 | ||||||||||||||||||||||
$ | 1,251,031 | |||||||||||||||||||||||||||||
Mid Cap Stock Trust | Coupang LLC* | 11/20/2014 | $ | 3,902,615 | 1,034,250 | 1,177,710 | 0.7 | % | $ | 5,547,014 | ||||||||||||||||||||
Mid Cap Stock Trust | DraftKings, Inc.* | 12/4/2014 | 1,551,991 | 933,549 | 1,058,486 | 0.2 | % | 1,799,426 | ||||||||||||||||||||||
Mid Cap Stock Trust | Essence Group Holdings Corp.* | 5/1/2014 | 2,731,549 | 1,459,559 | 1,663,188 | 0.5 | % | 3,841,964 | ||||||||||||||||||||||
Mid Cap Stock Trust | Jand, Inc., Class A* | 4/23/2015 | 345,543 | 25,303 | 28,798 | 0.1 | % | 440,926 | ||||||||||||||||||||||
Mid Cap Stock Trust | Jand, Inc., Series D* | 4/23/2015 | 771,614 | 56,502 | 64,307 | 0.1 | % | 984,604 | ||||||||||||||||||||||
Mid Cap Stock Trust | Lookout, Inc., Series F* | 7/31/2014 | 2,338,736 | 185,829 | 211,003 | 0.2 | % | 1,742,885 | ||||||||||||||||||||||
Mid Cap Stock Trust | MarkLogic Corp., Series F* | 4/27/2015 | 2,909,989 | 222,196 | 253,035 | 0.3 | % | 2,720,126 | ||||||||||||||||||||||
Mid Cap Stock Trust | Pinterest, Inc., Series G* | 3/16/2015 | 3,383,975 | 292,090 | 454,185 | 0.5 | % | 3,615,313 | ||||||||||||||||||||||
Mid Cap Stock Trust | The Honest Company, Inc. (Preferred Stock)* | 8/20/2014 | 2,080,622 | 66,598 | 75,561 | 0.3 | % | 2,355,236 | ||||||||||||||||||||||
Mid Cap Stock Trust | Uber Technologies, Inc.* | 6/5/2014 | 7,562,821 | 584,504 | 420,446 | 2.1 | % | 16,225,011 | ||||||||||||||||||||||
Sold: 223,661 shares | ||||||||||||||||||||||||||||||
Mid Cap Stock Trust | WeWork Companies, Inc., Class A* | 12/8/2014 | 158,279 | 6,615 | 7,544 | 0.1 | % | 470,896 | ||||||||||||||||||||||
Mid Cap Stock Trust | WeWork Companies, Inc., Series D1* | 12/8/2014 | 2,163,707 | 90,446 | 103,140 | 0.8 | % | 6,437,999 | ||||||||||||||||||||||
Mid Cap Stock Trust | WeWork Companies, Inc., Series D2* | 12/8/2014 | 1,700,068 | 71,065 | 81,039 | 0.6 | % | 5,058,454 | ||||||||||||||||||||||
$ | 51,239,854 | |||||||||||||||||||||||||||||
Science & Technology Trust | Airbnb, Inc., Series E | 7/14/2015 | $ | 802,846 | 8,624 | 8,624 | 0.1 | % | $ | 947,260 | ||||||||||||||||||||
Science & Technology Trust | Xiaoju Kuaizhi, Inc. | 10/19/2015 | 260,905 | 9,513 | 9,513 | 0.1 | % | 450,726 | ||||||||||||||||||||||
$ | 1,397,986 | |||||||||||||||||||||||||||||
Small Cap Stock Trust | DraftKings, Inc. | 7/13/2015 | $ | 1,234,765 | 327,094 | 327,094 | 0.1 | % | $ | 556,060 | ||||||||||||||||||||
Small Cap Stock Trust | MarkLogic Corp., Series F | 4/27/2015 | 1,781,885 | 153,423 | 153,423 | 0.4 | % | 1,649,297 | ||||||||||||||||||||||
Small Cap Stock Trust | The Honest Company, Inc., Series D | 8/3/2015 | 1,233,280 | 26,954 | 26,954 | 0.2 | % | 974,118 | ||||||||||||||||||||||
$ | 3,179,475 |
* | Additional shares acquired in merger with Alpha Opportunities Trust. |
effective time of the reorganization occurred immediately after the close of regularly scheduled trading on the New York Stock Exchange (NYSE) on April 27, 2018. The following outlines the reorganization:
Acquiring Portfolio | | Acquired Portfolio | | Net Asset Value of the Acquired Portfolio | | Shares Redeemed by the Acquired Portfolio | | Shares Issued by the Acquiring Portfolio | | Acquiring Portfolio Net Assets Prior to Combination | | Acquiring Portfolio Total Net Assets After Combination | | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mid Cap Stock Trust | Alpha Opportunities Trust | $ | 117,164,941 | 13,259,152 | 6,214,975 | $ | 742,926,515 | $ | 860,091,456 |
Net investment income | ($1,301,755 | ) | ||||
Net realized and unrealized gain (loss) | 99,637,073 | |||||
Increase (decrease) in net assets from operations | $ | 98,335,318 |
Acquiring Portfolio | | Acquired Portfolio | | Net Asset Value of the Acquired Portfolio | | Shares Redeemed by the Acquired Portfolio | | Shares Issued by the Acquiring Portfolio | | Acquiring Portfolio Net Assets Prior to Combination | | Acquiring Portfolio Total Net Assets After Combination | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Stock Market Index Trust | All Cap Core Trust | $ | 66,577,978 | 2,115,212 | 3,250,822 | $ | 703,280,566 | $ | 769,858,544 |
Acquiring Portfolio | | Acquired Portfolio | | Net Asset Value of the Acquired Portfolio | | Appreciation of the Acquired Portfolio’s Investments | | Shares Redeemed by the Acquired Portfolio | | Shares Issued by the Acquiring Portfolio | | Acquiring Portfolio Net Assets Prior to Combination | | Acquiring Portfolio Total Net Assets After Combination | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Emerging Markets Value Trust | American New World Trust | $ | 98,043,952 | — | 7,510,316 | 9,517,587 | $ | 668,494,448 | $ | 766,538,400 |
borne by the Acquired Portfolio. The effective time of the reorganization occurred immediately after the close of regularly scheduled trading on the New York Stock Exchange (NYSE) on October 27, 2017. The following outlines the reorganization:
Acquiring Portfolio | | Acquired Portfolio | | Net Asset Value of the Acquired Portfolio | | Appreciation of the Acquired Portfolio’s Investment | | Shares Redeemed by the Acquired Portfolio | | Shares Issued by the Acquiring Portfolio | | Acquiring Portfolio Net Assets Prior to Combination | | Acquiring Portfolio Total Net Assets After Combination | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Lifestyle Growth Portfolio | Core Strategy Trust | $ | 3,758,623,840 | $ | 375,762,816 | 245,319,558 | 230,723,839 | $ | 3,288,895,379 | $ | 7,047,519,219 |
Acquiring Portfolio | | Acquired Portfolio | | Net Asset Value of the Acquired Portfolio | | Appreciation of the Acquired Portfolio’s Investment | | Shares Redeemed by the Acquired Portfolio | | Shares Issued by the Acquiring Portfolio | | Acquiring Portfolio Net Assets Prior to Combination | | Acquiring Portfolio Total Net Assets After Combination | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mid Cap Index Trust | Value Trust | $ | 143,260,440 | $ | 1,754,463 | 20,657,394 | 6,445,166 | $ | 1,416,465,374 | $ | 1,559,725,814 |
Proposal One: | Approval of Agreement and Plan of Reorganization providing for the reorganization of Alpha Opportunities Trust into Mid Cap Stock Trust. |
SHARES VOTED | % of Shares Voted | % of Total Outstanding Shares | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
For | 11,665,726.495 | 99.361 | % | 99.199 | % | |||||||||
Against | 4,807.420 | 0.041 | % | 0.040 | % | |||||||||
Abstain | 70,248.311 | 0.598 | % | 0.597 | % |
(1) | information relating to each Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock family of funds); |
(2) | the historical and current performance of each Fund and comparative performance information relating to the Fund’s benchmark and comparable funds; |
(3) | the subadvisory fee for each Fund, including any breakpoints, and comparative fee information, where available, prepared by an independent third-party provider of mutual fund data; and |
(4) | information relating to the nature and scope of any material relationships and their significance to the Trust’s Advisor and unaffiliated Subadvisors. |
the sub-advisory fees paid by the Advisor to fees charged by each Fund’s Subadvisor to manage other sub-advised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.
(1) | Each Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | Although not without variation, the performance of each Fund managed by a Subadvisor generally has been in line with or outperformed the historical performance of comparable funds and the Fund’s respective benchmarks, with the exceptions noted in Appendix A (with respect to such exceptions, the Board considered the steps the Subadvisor had taken to address performance and concluded that performance is being monitored and reasonably addressed); |
(3) | The subadvisory fees are reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | With respect to those Funds that have subadvisory fees that contain breakpoints, certain breakpoints are reflected as breakpoints in the advisory fees for the Funds in order to permit shareholders to benefit from economies of scale if those Funds grow. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
500 Index Trust (f/k/a 500 Index Trust B) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust outperformed the average for the one-, three- and five-year periods. | The subadviser fees for this Trust are equal to the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three- and five-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Blue Chip Growth Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fees for this Trust are higher than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-, three- five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Capital Appreciation Trust (Jennison Associates LLC) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are equal to the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-, three-, five- and ten-year periods. The Board noted the Trust’s net total expenses are lower than the peer group median and the Trust’s net management fees are equal to the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Capital Appreciation Value Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-year period and outperformed the average for the three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three- and five-year periods and to the peer group average for the three- and five-year periods. The Board took into account management’s discussion of the factors that contributed to the Trust’s one-year performance relative to the peer group average. The Board took into account management’s discussion of the Trust’s expenses. | |||||||||||
Emerging Markets Value Trust (Dimensional Fund Advisors LP) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods and outperformed the benchmark index for the ten-year period. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods and outperformed the average for the ten-year period. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to its peer group average. The Board noted the Trust’s favorable performance relative to its peer group average and benchmark index for the ten-year period. The Board noted that the Trust outperformed its Morningstar peer group and benchmark index for the year-to-date period ended April 30, 2018. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Income Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one- and three-year periods and underperformed the benchmark index for the five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three- and ten-year periods and underperformed the average for the five-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index for the one- and three-year periods and to the peer group average for the one-, three- and ten-year periods. The Board took into account management’s discussion of the factors that contributed to the Trust’s five- and ten-year performance relative to the benchmark index and the five-year performance relative to the peer group average. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Financial Industries Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods and outperformed the benchmark index for the ten-year period. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods and outperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are equal to the peer group median. Net total expenses for this Trust are equal to the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and to the peer group average for the ten-year period. The Board noted that the Trust outperformed its Morningstar benchmark index for the year-to-date period ended April 30, 2018. The Board noted the Trust’s net management fees and net total expenses are equal to the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fundamental All Cap Core Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three- and five-year periods, and underperformed the benchmark index for the ten-year period. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | The subadviser fees for this Trust are equal to the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s ten- year performance relative to the benchmark index, including the fact that the Trust’s ten-year performance is in part attributable to the prior management team. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three- and five-year periods and to the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Fundamental Large Cap Value Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five-, and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, and ten-year periods and underperformed the average for the five-year period. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and five-year performance relative to the peer group average. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three- and ten-year periods and to the benchmark index for the one-year period. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Trust (Templeton Global Advisors Limited) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three- and five-year periods and underperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one, three-, five- and ten-year performance relative to the benchmark index and to the peer group average for ten-year period. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three- and five-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Health Sciences Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
International Equity Index Trust (f/k/a International Equity Index Trust B) (SSGA Funds Management, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three- and five-year periods. Broadridge Category — The Trust outperformed the average for the one- and three-year periods and underperformed the average for the five-year period. | The subadviser fees for this Trust are higher than the peer group median. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three- and five-year performance relative to the benchmark index and five-year performance relative to the peer group average. The Board noted the Trust’s favorable performance relative to the peer group average for the one- and three-year periods and to the benchmark index for the one- year period. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
International Growth Stock Trust (Invesco Advisers Inc.) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are equal to the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to its benchmark index and its peer group average. The Board took into account management’s discussion of the Trust’s expenses and noted that the Trust’s net total expenses were equal to the peer group median. | |||||||||||
International Small Company Trust (Dimensional Fund Advisors LP) | Benchmark Index — the Trust underperformed the benchmark index for the one- and five-year periods, and outperformed the benchmark index for the three-year period. Broadridge Category — The Trust underperformed the average for the one-year period and outperformed the average for the three-and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one- and five-year performance relative to its benchmark index and its one-year performance relative to its peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index for the three-year period and to the peer group average for the three- and five-year periods. The Board noted that the Trust outperformed its Morningstar peer group for the year-to-date period ended April 30, 2018. The Board took into account management’s discussion of the Trust’s expenses. | |||||||||||
International Value Trust (Franklin Templeton Investment Counsel, LLC) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods and outperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s performance relative to the benchmark index for the one-, three-, five- and ten-year periods and to the peer group average for the one-, three- and five-year periods. The Board noted the Trust’s favorable performance relative to the peer group average for the ten-year period. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Lifestyle Aggressive Portfolio (f/k/a Lifestyle Aggressive PS Series) (Manulife Asset Management (U.S.)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one- and three-year periods and since inception. Broadridge Category — The Trust outperformed the average for the one- and three-year periods and since inception. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group average for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-year, and since inception period performance relative to the benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one- and three-year periods and since inception. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Lifestyle Balanced Portfolio (f/k/a Lifestyle Balanced PS Series) (Manulife Asset Management (U.S.)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five- periods. Broadridge Category — The Trust underperformed the average for the one- and five-year periods and is equal to the average for the three-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and for the one- and five-year to the peer group average. The Board noted that the Trust outperformed its Morningstar peer group for the year-to-date period ended April 30, 2018. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Lifestyle Conservative Portfolio (f/k/a Lifestyle Conservative PS Series) (Manulife Asset Management (U.S.)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are equal to the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s net management fees are lower than the median and the total net expenses are equal to the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Lifestyle Growth Portfolio (f/k/a Lifestyle Growth PS Series) (Manulife Asset Management (U.S.)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust outperformed the average for the one-, three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three- and five-year periods The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Lifestyle Moderate Portfolio (f/k/a Lifestyle Moderate PS Series) (Manulife Asset Management (U.S.)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Mid Cap Index Trust (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-, five- and ten-year performance relative to the benchmark index. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mid Cap Stock Trust (Wellington Management Company LLP) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five-, and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, and five-year periods and underperformed the average for the for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and to the peer group average for the ten-year period. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-year period and to the peer group average for the one-, three- and five-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Mid Value Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust underperformed the benchmark index for the one- and five-year periods and outperformed the benchmark index for the three- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-year period and outperformed the average for the three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are equal to the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one- and five-year performance relative to the benchmark index and to the peer group average for the one-year period. The Board noted the Trust’s favorable performance relative to the benchmark index for the three- and ten-year periods and to the peer group average for the three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are equal to the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mutual Shares Trust (Franklin Mutual Advisers, LLC) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one- and three-year periods and outperformed the average for the five-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average for the one- and three-year periods. The Board noted the Trust’s favorable performance relative to the peer group average for the five-year period. The Board noted that the Trust outperformed its Morningstar peer group and benchmark index for the year-to-date period ended April 30, 2018. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Real Estate Securities Trust (Deutsche Investment Management Americas, Inc./RREEF America, LLC) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five-, and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five, and ten-year periods. | Subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three-, five- and ten-year periods, and the one-year period relative to the benchmark index. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Science & Technology Trust (Allianz Global Investors U.S. LLC) (T. Rowe Price Associates, LLC) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Small Cap Index Trust (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, and five-year periods and underperformed the average for the ten-year period. | Subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-, five- and ten-year performance relative to the benchmark index and ten-year performance relative to the peer group average. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s favorable performance relative to peer group average for the one-, three- and five- year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Small Cap Opportunities Trust (GW&K Investment Management, LLC) (Dimensional Fund Advisors LP) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- five- and ten-year performance relative to its benchmark index and its peer group average. The Board noted that Invesco Advisers Inc. was terminated as a subadviser in December 2017 and the assets of the Trust previously managed by Invesco were reallocated to GW&K Investment Management. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Small Cap Stock Trust (f/k/a Small Cap Growth Trust) (Wellington Management Company LLP) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five-, and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-year period and underperformed the average for the three-, five-, and ten-year periods. | Subadviser fees for this Trust are higher than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten -year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and to the peer group average for the one-year period. The Board took into account management’s discussion of the Trust’s expenses. | |||||||||||
Small Cap Value Trust (Wellington Management Company LLP) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods and outperformed the benchmark index for the ten-year period. Broadridge Category — The Trust underperformed the average for the for the one-, three- and five-year periods and outperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and to the peer group average for the ten-year period. The Board took into account management’s discussion of the Trust’s expenses, noting that effective July 1, 2018 the management fee will be reduced, decreasing the expenses of the Trust. | |||||||||||
Small Company Value Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, and ten-year periods and underperformed the benchmark index for the five-year period. Broadridge Category — The Trust underperformed the average for the one- and five-year periods and outperformed the average for the three- and ten-year periods. | Subadviser comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s five-year performance relative to the benchmark index and to the peer group average for the one- and five-year periods. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three- and ten-year periods and to the peer group average for the three- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Strategic Equity Allocation Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-year period and outperformed the average for the three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average for the one-year period. The Board noted the Trust’s favorable performance relative to the peer group average for the three- and five-year periods. The Board noted that the Trust outperformed its Morningstar peer group index for the year-to-date period ended April 30, 2018. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Total Stock Market Index Trust (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five-, and ten-year periods. | Subadviser fees for this Trust are equal to the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-, five- and ten-year performance relative to the benchmark index. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Utilities Trust (Massachusetts Financial Services Company) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods and outperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to its benchmark index and its one-, three- and five-year performance relative to its peer group average. The Board noted the Trust’s favorable performance relative to its peer group average for the ten-year period and to its benchmark index for the one-year period. The Board noted that the Trust outperformed its Morningstar peer group and benchmark index for the year-to-date period ended April 30, 2018. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio compositions | 3 |
Shareholder expense example | 4 |
Summary portfolio of investments (See below for each portfolio’s page #) | 6 |
Statements of assets and liabilities | 44 |
Statements of operations | 47 |
Statements of changes in net assets | 50 |
Financial highlights | 52 |
Notes to financial statements | 58 |
Evaluation of advisory and subadvisory agreements by the board of trustees | 78 |
For more information | 87 |
Portfolio | Summary portfolio of investments | |||||
---|---|---|---|---|---|---|
Active Bond Trust | 6 | |||||
Core Bond Trust | 8 | |||||
Global Bond Trust | 9 | |||||
High Yield Trust | 20 | |||||
Investment Quality Bond Trust | 23 | |||||
Money Market Trust | 27 | |||||
New Income Trust | 28 | |||||
Select Bond Trust (formerly Bond Trust) | 31 | |||||
Short Term Government Income Trust | 33 | |||||
Strategic Income Opportunities Trust | 34 | |||||
Total Bond Market Trust | 38 | |||||
Ultra Short Term Bond Trust | 40 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 40.7 | |||||
U.S. Government Agency | 23.3 | |||||
Asset backed securities | 11.5 | |||||
U.S. Government | 10.5 | |||||
Collateralized mortgage obligations | 10.3 | |||||
Foreign government obligations | 0.7 | |||||
Municipal bonds | 0.6 | |||||
Capital preferred securities | 0.3 | |||||
Preferred securities | 0.2 | |||||
Term loans | 0.1 | |||||
Convertible bonds | 0.1 | |||||
Short-term investments and other | 1.7 |
Portfolio Composition** | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Government | 27.2 | |||||
U.S. Government Agency | 23.6 | |||||
Corporate bonds | 21.0 | |||||
Asset backed securities | 13.6 | |||||
Collateralized mortgage obligations | 11.0 | |||||
Foreign government obligations | 1.0 | |||||
Municipal bonds | 0.5 | |||||
Short-term investments | 2.1 |
Portfolio Composition** | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 31.1 | |||||
Foreign government obligations | 18.7 | |||||
U.S. Government Agency | 18.6 | |||||
Asset backed securities | 6.7 | |||||
Collateralized mortgage obligations | 6.3 | |||||
U.S. Government | 5.9 | |||||
Municipal bonds | 0.7 | |||||
Capital preferred securities | 0.2 | |||||
Preferred securities | 0.1 | |||||
Term loans | 0.1 | |||||
Short-term investments | 11.6 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 83.1 | |||||
Asset backed securities | 4.0 | |||||
Term loans | 3.2 | |||||
Common stocks | 2.0 | |||||
Convertible bonds | 1.7 | |||||
Preferred securities | 1.4 | |||||
Foreign government obligations | 1.3 | |||||
Capital preferred securities | 0.4 | |||||
Collateralized mortgage obligations | 0.3 | |||||
Short-term investments and other | 2.6 |
Portfolio Composition** | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Government Agency | 28.7 | |||||
Corporate bonds | 23.6 | |||||
Asset backed securities | 17.5 | |||||
U.S. Government | 15.4 | |||||
Collateralized mortgage obligations | 9.6 | |||||
Term loans | 1.3 | |||||
Foreign government obligations | 0.8 | |||||
Municipal bonds | 0.8 | |||||
Purchased options | 0.1 | |||||
Short-term investments | 2.2 |
Portfolio Composition** | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Government Agency | 89.0 | |||||
U.S. Government | 11.0 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 34.8 | |||||
U.S. Government Agency | 19.5 | |||||
U.S. Government | 15.3 | |||||
Asset backed securities | 12.7 | |||||
Collateralized mortgage obligations | 11.0 | |||||
Term loans | 2.9 | |||||
Municipal bonds | 1.4 | |||||
Foreign government obligations | 1.2 | |||||
Convertible bonds | 0.1 | |||||
Short-term investments and other | 1.1 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 39.9 | |||||
U.S. Government Agency | 22.2 | |||||
Asset backed securities | 17.2 | |||||
U.S. Government | 17.0 | |||||
Collateralized mortgage obligations | 1.9 | |||||
Foreign government obligations | 0.2 | |||||
Capital preferred securities | 0.1 | |||||
Short-term investments and other | 1.5 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Government Agency | 62.9 | |||||
U.S. Government | 31.9 | |||||
Collateralized mortgage obligations | 3.5 | |||||
Short-term investments and other | 1.7 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 44.8 | |||||
Foreign government obligations | 19.7 | |||||
Term loans | 10.6 | |||||
Preferred securities | 5.4 | |||||
Collateralized mortgage obligations | 5.1 | |||||
Asset backed securities | 4.1 | |||||
Common stocks | 3.4 | |||||
Convertible bonds | 3.0 | |||||
Capital preferred securities | 1.9 | |||||
Purchased options | 0.2 | |||||
Warrants | 0.2 | |||||
Short-term investments and other | 1.6 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Government | 37.8 | |||||
U.S. Government Agency | 29.7 | |||||
Corporate bonds | 26.0 | |||||
Collateralized mortgage obligations | 2.8 | |||||
Foreign government obligations | 1.8 | |||||
Municipal bonds | 0.8 | |||||
Short-term investments and other | 1.1 |
Portfolio Composition* | % of Total | |||||
---|---|---|---|---|---|---|
Corporate bonds | 58.5 | |||||
Asset backed securities | 19.4 | |||||
U.S. Government | 14.8 | |||||
U.S. Government Agency | 3.1 | |||||
Collateralized mortgage obligations | 0.6 | |||||
Short-term investments and other | 3.6 |
* | As a percentage of net assets. |
** | As a percentage of total investments. |
John Hancock Variable Insurance Trust |
Shareholder expense example |
As a shareholder of a portfolio of John Hancock Variable Insurance Trust, you incur ongoing costs, such as management fees, distribution (Rule 12b-1) fees and other expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in a portfolio so you can compare these costs with the ongoing costs of investing in other mutual funds. The examples are based on an investment of $1,000 at the beginning of the period and held for the entire period (January 1, 2018 through June 30, 2018).
Actual expenses:
The first line of each share class in the following table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period ended” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes:
The second line of each share class in the following table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed annualized rate of return of 5% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in a portfolio and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. Please remember that these hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs and insurance-related charges. Therefore, the second line of each share class in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Expenses | ||||||||||||||
Account | Ending | paid during | Annualized | |||||||||||
value on | value on | period ended | expense | |||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | |||||||||||
Active Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 984.30 | $ | 3.39 | 0.69 | % | |||||
Hypothetical example | 1,000.00 | 1,021.40 | 3.46 | 0.69 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 983.30 | 4.38 | 0.89 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.40 | 4.46 | 0.89 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 983.30 | 3.15 | 0.64 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.60 | 3.21 | 0.64 | % | |||||||||
Core Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 980.90 | $ | 3.29 | 0.67 | % | |||||
Hypothetical example | 1,000.00 | 1,021.50 | 3.36 | 0.67 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 980.10 | 4.27 | 0.87 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.36 | 0.87 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 981.60 | 3.05 | 0.62 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | |||||||||
Global Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 991.50 | $ | 4.05 | 0.82 | % | |||||
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 991.40 | 5.04 | 1.02 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.70 | 5.11 | 1.02 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 993.00 | 3.80 | 0.77 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.00 | 3.86 | 0.77 | % | |||||||||
High Yield Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,001.90 | $ | 4.02 | 0.81 | % | |||||
Hypothetical example | 1,000.00 | 1,020.80 | 4.06 | 0.81 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,001.80 | 5.01 | 1.01 | % | ||||||||
Hypothetical example | 1,000.00 | 1,019.80 | 5.06 | 1.01 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,001.90 | 3.77 | 0.76 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.00 | 3.81 | 0.76 | % | |||||||||
Investment Quality Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 983.90 | $ | 3.54 | 0.72 | % | |||||
Hypothetical example | 1,000.00 | 1,021.20 | 3.61 | 0.72 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 983.00 | 4.52 | 0.92 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.61 | 0.92 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 983.80 | 3.30 | 0.67 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.50 | 3.36 | 0.67 | % |
4
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | ||||||||||||||
Account | Ending | paid during | Annualized | |||||||||||
value on | value on | period ended | expense | |||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio | |||||||||||
Money Market Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,006.40 | $ | 1.64 | 0.33 | % | |||||
Hypothetical example | 1,000.00 | 1,023.20 | 1.66 | 0.33 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,005.40 | 2.64 | 0.53 | % | ||||||||
Hypothetical example | 1,000.00 | 1,022.20 | 2.66 | 0.53 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,006.60 | 1.39 | 0.28 | % | ||||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.40 | 0.28 | % | |||||||||
New Income Trust | ||||||||||||||
Series NAV | Actual expenses/actual returns | $ | 1,000.00 | $ | 982.60 | $ | 2.85 | 0.58 | % | |||||
Hypothetical example | 1,000.00 | 1,021.90 | 2.91 | 0.58 | % | |||||||||
Select Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 984.40 | $ | 3.05 | 0.62 | % | |||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 982.90 | 4.03 | 0.82 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 985.10 | 2.81 | 0.57 | % | ||||||||
Hypothetical example | 1,000.00 | 1,022.00 | 2.86 | 0.57 | % | |||||||||
Short Term Government Income Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 995.00 | $ | 3.31 | 0.67 | % | |||||
Hypothetical example | 1,000.00 | 1,021.50 | 3.36 | 0.67 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 994.20 | 4.30 | 0.87 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.36 | 0.87 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 995.00 | 3.07 | 0.62 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.70 | 3.11 | 0.62 | % | |||||||||
Strategic Income Opportunities Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 971.60 | $ | 3.57 | 0.73 | % | |||||
Hypothetical example | 1,000.00 | 1,021.20 | 3.66 | 0.73 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 970.20 | 4.54 | 0.93 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.20 | 4.66 | 0.93 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 971.50 | 3.32 | 0.68 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.40 | 3.41 | 0.68 | % | |||||||||
Total Bond Market Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 983.20 | $ | 1.48 | 0.30 | % | |||||
Hypothetical example | 1,000.00 | 1,023.30 | 1.51 | 0.30 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 981.20 | 2.46 | 0.50 | % | ||||||||
Hypothetical example | 1,000.00 | 1,022.30 | 2.51 | 0.50 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 983.20 | 1.23 | 0.25 | % | ||||||||
Hypothetical example | 1,000.00 | 1,023.60 | 1.25 | 0.25 | % | |||||||||
Ultra Short Term Bond Trust | ||||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,004.40 | $ | 3.28 | 0.66 | % | |||||
Hypothetical example | 1,000.00 | 1,021.50 | 3.31 | 0.66 | % | |||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,003.50 | 4.27 | 0.86 | % | ||||||||
Hypothetical example | 1,000.00 | 1,020.50 | 4.31 | 0.86 | % | |||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,005.30 | 3.03 | 0.61 | % | ||||||||
Hypothetical example | 1,000.00 | 1,021.80 | 3.06 | 0.61 | % |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
5
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
This section shows the fund’s 50 largest portfolio holdings in unaffiliated issuers and any holdings exceeding 1% of the fund’s total net assets as of the report date. The remaining securities held by the fund are grouped as “Other Securities” in each category. You can request a complete schedule of portfolio holdings as of the report date, free of charge, by calling at 1-800-344-1029. This complete schedule, filed on the fund’s Form N-CSR, is also available on the SEC’s website at http://www.sec.gov.
Active Bond Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 33.8% | |||||||||||
U.S. Treasury Bonds - 5.1% | |||||||||||
2.500%, 02/15/2045 | $ | 4,501,000 | $ | 4,099,602 | 0.6 | % | |||||
2.750%, 11/15/2042 | 8,675,000 | 8,331,728 | 1.2 | % | |||||||
3.000%, 02/15/2047 | 12,787,000 | 12,820,420 | 1.8 | % | |||||||
3.000%, 02/15/2048 (A) | 11,009,000 | 11,034,802 | 1.5 | % | |||||||
36,286,552 | |||||||||||
U.S. Treasury Inflation | |||||||||||
Protected Securities - 0.2% | 1,302,250 | 0.2 | % | ||||||||
U.S. Treasury Notes - 5.2% | |||||||||||
2.000%, 07/31/2022 | |||||||||||
to 02/15/2025 | 3,700,000 | 3,566,160 | 0.5 | % | |||||||
2.375%, 12/31/2020 | |||||||||||
to 05/15/2027 | 8,500,000 | 8,262,754 | 1.1 | % | |||||||
2.750%, 02/15/2028 | 14,040,000 | 13,914,407 | 2.0 | % | |||||||
2.875%, 05/15/2028 | 11,449,000 | 11,466,889 | 1.6 | % | |||||||
37,210,210 | |||||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 4.3% | |||||||||||
3.000%, 03/01/2043 | |||||||||||
to 04/01/2047 | 7,301,747 | 7,098,535 | 1.0 | % | |||||||
3.500%, 10/01/2046 | |||||||||||
to 11/01/2047 | 16,785,364 | 16,769,434 | 2.5 | % | |||||||
4.000%, 01/01/2041 | |||||||||||
to 03/01/2048 | 2,829,786 | 2,913,177 | 0.4 | % | |||||||
4.500%, 09/01/2023 | |||||||||||
to 10/01/2041 | 3,111,749 | 3,264,427 | 0.4 | % | |||||||
OTHER SECURITIES | 236,936 | 0.0 | % | ||||||||
30,282,509 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 18.5% | |||||||||||
3.000%, 07/01/2027 | |||||||||||
to 10/01/2047 | 6,902,975 | 6,738,844 | 0.9 | % | |||||||
3.000%, TBA (B) | 31,250,000 | 30,262,838 | 4.3 | % | |||||||
3.500%, 02/01/2026 | |||||||||||
to 11/01/2047 | 14,275,743 | 14,288,445 | 2.1 | % | |||||||
3.500%, TBA (B) | 25,000,000 | 24,876,133 | 3.5 | % | |||||||
4.000%, 10/01/2025 | |||||||||||
to 04/01/2048 | 17,565,103 | 18,000,505 | 2.6 | % | |||||||
4.000%, TBA (B) | 16,000,000 | 16,311,043 | 2.3 | % | |||||||
4.500%, 08/01/2040 | |||||||||||
to 08/01/2041 | 7,128,598 | 7,493,406 | 1.0 | % | |||||||
5.000%, 07/01/2019 | |||||||||||
to 04/01/2041 | 4,298,701 | 4,598,452 | 0.6 | % | |||||||
5.500%, 09/01/2034 | |||||||||||
to 11/01/2039 | 3,904,104 | 4,251,657 | 0.6 | % | |||||||
6.000%, 05/01/2035 | |||||||||||
to 02/01/2036 | 2,449,072 | 2,711,921 | 0.4 | % | |||||||
OTHER SECURITIES | 1,377,782 | 0.2 | % | ||||||||
130,911,026 | |||||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 0.5% | |||||||||||
4.000%, 02/15/2041 | 2,399,293 | 2,480,614 | 0.4 | % |
Active Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association (continued) | |||||||||||
OTHER SECURITIES | $ | 1,044,694 | 0.1 | % | |||||||
3,525,308 | |||||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $241,980,906) | $ | 239,517,855 | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 0.7% | |||||||||||
Argentina - 0.1% | 975,463 | 0.1 | % | ||||||||
Brazil - 0.1% | 701,982 | 0.1 | % | ||||||||
Germany - 0.2% | 1,405,580 | 0.2 | % | ||||||||
Mexico - 0.1% | 605,786 | 0.1 | % | ||||||||
Panama - 0.1% | 643,820 | 0.1 | % | ||||||||
Qatar - 0.1% | 333,937 | 0.1 | % | ||||||||
Saudi Arabia - 0.0% | 329,799 | 0.0 | % | ||||||||
United Kingdom - 0.0% | 162,625 | 0.0 | % | ||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $5,432,223) | $ | 5,158,992 | |||||||||
CORPORATE BONDS - 40.7% | |||||||||||
Consumer discretionary - 4.9% | 34,588,778 | 4.9 | % | ||||||||
Consumer staples - 1.3% | 9,189,346 | 1.3 | % | ||||||||
Energy - 5.9% | |||||||||||
Cameron International Corp. | |||||||||||
5.950%, 06/01/2041 | $ | 1,178,000 | 1,410,449 | 0.2 | % | ||||||
OTHER SECURITIES | 40,444,151 | 5.7 | % | ||||||||
41,854,600 | |||||||||||
Financials - 12.6% | |||||||||||
Jefferies Financial | |||||||||||
Group, Inc. | |||||||||||
5.500%, 10/18/2023 | 1,425,000 | 1,472,978 | 0.2 | % | |||||||
Stifel Financial Corp. | |||||||||||
4.250%, 07/18/2024 | 1,592,000 | 1,585,526 | 0.2 | % | |||||||
Willis Towers Watson PLC | |||||||||||
5.750%, 03/15/2021 | 1,350,000 | 1,423,132 | 0.2 | % | |||||||
OTHER SECURITIES | 84,705,524 | 12.0 | % | ||||||||
89,187,160 | |||||||||||
Health care - 2.6% | 18,313,531 | 2.6 | % | ||||||||
Industrials - 4.0% | 28,351,205 | 4.0 | % | ||||||||
Information technology - 2.2% | |||||||||||
Broadcom Corp. | |||||||||||
3.875%, 01/15/2027 | 1,563,000 | 1,477,837 | 0.2 | % | |||||||
OTHER SECURITIES | 14,247,649 | 2.0 | % | ||||||||
15,725,486 | |||||||||||
Materials - 1.7% | 12,277,138 | 1.7 | % | ||||||||
Real estate - 2.1% | 15,062,659 | 2.1 | % | ||||||||
Telecommunication | |||||||||||
services - 1.9% | 13,472,231 | 1.9 | % | ||||||||
Utilities - 1.5% | 10,220,964 | 1.5 | % | ||||||||
TOTAL CORPORATE BONDS | |||||||||||
(Cost $287,880,707) | $ | 288,243,098 | |||||||||
CONVERTIBLE BONDS - 0.1% | |||||||||||
Utilities - 0.1% | 282,758 | 0.1 | % | ||||||||
TOTAL CONVERTIBLE BONDS (Cost $285,000) | $ | 282,758 |
The accompanying notes are an integral part of the financial statements. | 6 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Active Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CAPITAL PREFERRED | |||||||||||
SECURITIES - 0.3% | |||||||||||
Financials - 0.3% | $ | 1,933,303 | 0.3 | % | |||||||
TOTAL CAPITAL PREFERRED SECURITIES | |||||||||||
(Cost $1,944,433) | $ | 1,933,303 | |||||||||
MUNICIPAL | |||||||||||
BONDS - 0.6% | |||||||||||
New Jersey State Turnpike | |||||||||||
Authority | |||||||||||
7.414%, 01/01/2040 | $ | 1,885,000 | 2,741,412 | 0.4 | % | ||||||
OTHER SECURITIES | 1,446,062 | 0.2 | % | ||||||||
TOTAL MUNICIPAL BONDS | |||||||||||
(Cost $3,491,077) | $ | 4,187,474 | |||||||||
TERM LOANS (C) - 0.1% | |||||||||||
Consumer | |||||||||||
discretionary - 0.1% | 267,300 | 0.1 | % | ||||||||
Energy - 0.0% | 217,513 | 0.0 | % | ||||||||
Financials - 0.0% | 202,191 | 0.0 | % | ||||||||
Information | |||||||||||
technology - 0.0% | 117,036 | 0.0 | % | ||||||||
TOTAL TERM LOANS (Cost $804,675) | $ | 804,040 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 10.3% | |||||||||||
Commercial and | |||||||||||
residential - 7.5% | |||||||||||
Americold LLC | |||||||||||
6.811%, 01/14/2029 (D) | 1,350,000 | 1,430,152 | 0.2 | % | |||||||
Americold LLC | |||||||||||
7.443%, 01/14/2029 (D) | 1,890,000 | 2,017,417 | 0.3 | % | |||||||
CD Mortgage Trust | |||||||||||
3.631%, 02/10/2050 | 1,800,000 | 1,791,965 | 0.3 | % | |||||||
Commercial Mortgage Trust | |||||||||||
(Bank of America Merrill | |||||||||||
Lynch/Deutsche Bank AG) | |||||||||||
3.424%, 03/10/2031 (D) | 1,400,000 | 1,409,467 | 0.2 | % | |||||||
Morgan Stanley Capital I | |||||||||||
Trust | |||||||||||
3.773%, 03/15/2045 | 2,371,500 | 2,377,010 | 0.3 | % | |||||||
OTHER SECURITIES | 44,419,800 | 6.2 | % | ||||||||
53,445,811 | |||||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 1.0% | |||||||||||
3.000%, 02/15/2040 | 1,485,511 | 1,472,487 | 0.2 | % | |||||||
OTHER SECURITIES | 5,269,128 | 0.8 | % | ||||||||
6,741,615 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 0.9% | |||||||||||
2.000%, 03/25/2041 | 3,397,237 | 3,264,268 | 0.5 | % | |||||||
OTHER SECURITIES | 3,345,335 | 0.4 | % | ||||||||
6,609,603 | |||||||||||
Government National Mortgage | |||||||||||
Association - 0.9% | 6,520,686 | 0.9 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $74,555,810) | $ | 73,317,715 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 11.5% | |||||||||||
BA Credit Card Trust | |||||||||||
2.463%, 10/15/2021 (E) | 2,175,000 | 2,179,567 | 0.3 | % | |||||||
BA Credit Card Trust | |||||||||||
1.950%, 08/15/2022 | 5,465,000 | 5,381,647 | 0.8 | % |
Active Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
ASSET BACKED | |||||||||||
SECURITIES (continued) | |||||||||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
2.000%, 01/17/2023 | $ | 1,490,000 | $ | 1,468,544 | 0.2 | % | |||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
2.050%, 08/15/2023 | 3,500,000 | 3,434,666 | 0.5 | % | |||||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
2.583%, 09/16/2024 (E) | 3,123,000 | 3,146,712 | 0.4 | % | |||||||
Chase Issuance Trust | |||||||||||
2.623%, 06/15/2023 (E) | 4,500,000 | 4,546,906 | 0.6 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
1.750%, 11/19/2021 | 1,430,000 | 1,408,896 | 0.2 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
1.920%, 04/07/2022 | 3,000,000 | 2,949,351 | 0.4 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
2.400%, 08/08/2024 (E) | 3,000,000 | 3,005,228 | 0.4 | % | |||||||
Credit-Based Asset Servicing | |||||||||||
and Securitization LLC | |||||||||||
6.250%, 10/25/2036 (D) | 2,560,000 | 2,585,824 | 0.4 | % | |||||||
Discover Card Execution | |||||||||||
Note Trust | |||||||||||
1.880%, 02/15/2023 | 1,600,000 | 1,566,663 | 0.2 | % | |||||||
Verizon Owner Trust | |||||||||||
1.420%, 01/20/2021 (D) | 1,500,000 | 1,490,668 | 0.2 | % | |||||||
OTHER SECURITIES | 48,031,234 | 6.9 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $81,691,431) | $ | 81,195,906 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 0.2% | |||||||||||
Consumer staples - 0.0% | 199,440 | 0.0 | % | ||||||||
Financials - 0.1% | 518,669 | 0.1 | % | ||||||||
Utilities - 0.1% | 835,620 | 0.1 | % | ||||||||
TOTAL PREFERRED SECURITIES | |||||||||||
(Cost $1,615,710) | $ | 1,553,729 | |||||||||
SECURITIES LENDING COLLATERAL - 1.5% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (F)(G) | 1,071,263 | 10,716,490 | 1.5 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $10,716,953) | $ | 10,716,490 | |||||||||
SHORT-TERM INVESTMENTS - 11.0% | |||||||||||
U.S. Government Agency - 0.8% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, | |||||||||||
1.600%, 07/02/2018 * | $ | 4,969,000 | 4,969,000 | 0.7 | % | ||||||
OTHER SECURITIES | 560,000 | 0.1 | % | ||||||||
5,529,000 | |||||||||||
Money market funds - 10.2% | |||||||||||
State Street Institutional | |||||||||||
U.S. Government Money | |||||||||||
Market Fund, Premier | |||||||||||
Class, 1.8098% (F) | 71,785,077 | 71,785,077 | 10.2 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $77,313,833) | $ | 77,314,077 | |||||||||
Total Investments (Active Bond Trust) | |||||||||||
(Cost $787,712,758) - 110.8% | $ | 784,225,437 | 110.8 | % | |||||||
Other assets and liabilities, net - (10.8)% | (76,232,281 | ) | (10.8 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 707,993,156 | 100.0 | % |
The accompanying notes are an integral part of the financial statements. | 7 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Active Bond Trust (continued)
Security Abbreviations and Legend
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | A portion of this security is on loan as of 6-30-18. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(D) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $126,785,351 or 17.9% of the fund’s net assets as of 6-30-18. |
(E) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(F) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(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. |
* | 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. |
Core Bond Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 55.5% | |||||||||||
U.S. Treasury Bonds - 4.7% | |||||||||||
2.500%, 02/15/2046 | |||||||||||
to 05/15/2046 | $ | 11,370,000 | $ | 10,324,785 | 0.9 | % | |||||
2.750%, 08/15/2047 | |||||||||||
to 11/15/2047 | 20,531,000 | 19,569,564 | 1.7 | % | |||||||
3.000%, 11/15/2045 | |||||||||||
to 02/15/2048 | 22,707,000 | 22,764,111 | 1.9 | % | |||||||
OTHER SECURITIES | 2,540,893 | 0.2 | % | ||||||||
55,199,353 | |||||||||||
U.S. Treasury | |||||||||||
Notes - 25.0% | |||||||||||
1.375%, 02/15/2020 | |||||||||||
to 09/30/2020 | 11,094,000 | 10,835,632 | 0.9 | % | |||||||
1.500%, 05/15/2020 | |||||||||||
to 08/15/2026 | 26,772,000 | 25,844,393 | 2.3 | % | |||||||
1.625%, 03/15/2020 | |||||||||||
to 08/31/2022 | 26,524,000 | 25,785,641 | 2.2 | % | |||||||
1.750%, 11/15/2020 | 5,542,000 | 5,435,923 | 0.5 | % | |||||||
1.875%, 12/31/2019 | |||||||||||
to 07/31/2022 | 46,666,000 | 45,401,853 | 3.9 | % | |||||||
2.000%, 01/31/2020 | |||||||||||
to 11/15/2026 | 43,114,000 | 41,844,873 | 3.6 | % | |||||||
2.250%, 12/31/2024 | |||||||||||
to 02/15/2027 | 15,167,000 | 14,470,788 | 1.2 | % | |||||||
2.375%, 03/15/2021 | |||||||||||
to 01/31/2023 | 8,022,000 | 7,948,614 | 0.7 | % | |||||||
2.625%, 05/15/2021 | |||||||||||
to 03/31/2025 | 9,220,000 | 9,176,172 | 0.8 | % | |||||||
2.750%, 04/30/2023 | |||||||||||
to 02/15/2028 | 79,947,000 | 79,450,093 | 6.8 | % | |||||||
2.875%, 04/30/2025 | |||||||||||
to 05/15/2028 | 21,774,000 | 21,813,903 | 1.8 | % | |||||||
OTHER SECURITIES | 2,854,595 | 0.3 | % | ||||||||
290,862,480 |
Core Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 2.0% | |||||||||||
3.500%, 09/01/2026 | |||||||||||
to 03/01/2048 | $ | 8,482,635 | $ | 8,452,338 | 0.7 | % | |||||
4.000%, 10/01/2029 | |||||||||||
to 06/01/2048 | 9,459,397 | 9,724,079 | 0.8 | % | |||||||
OTHER SECURITIES | 4,814,866 | 0.5 | % | ||||||||
22,991,283 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 14.2% | |||||||||||
3.000%, 11/01/2032 | |||||||||||
to 11/01/2046 | 8,566,481 | 8,475,597 | 0.8 | % | |||||||
3.500%, 10/01/2026 | |||||||||||
to 02/01/2048 | 37,055,827 | 37,209,529 | 3.4 | % | |||||||
4.000%, 07/01/2029 | |||||||||||
to 06/01/2048 | 74,135,034 | 76,165,016 | 6.2 | % | |||||||
4.500%, 05/01/2034 | |||||||||||
to 01/01/2048 | 5,624,449 | 5,910,291 | 0.6 | % | |||||||
4.500%, TBA (A) | 8,000,000 | 8,302,625 | 0.7 | % | |||||||
5.000%, 07/01/2044 | |||||||||||
to 08/01/2056 | 10,015,492 | 10,705,248 | 0.8 | % | |||||||
5.000%, TBA (A) | 3,800,000 | 4,010,981 | 0.4 | % | |||||||
OTHER SECURITIES | 14,582,922 | 1.3 | % | ||||||||
165,362,209 | |||||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 9.6% | |||||||||||
3.000%, 02/20/2045 | |||||||||||
to 12/20/2046 | 14,232,707 | 13,970,261 | 1.1 | % | |||||||
3.500%, 04/20/2046 | |||||||||||
to 01/20/2048 | 16,739,794 | 16,812,566 | 1.4 | % | |||||||
4.000%, 12/20/2047 | |||||||||||
to 04/20/2048 | 4,138,581 | 4,248,961 | 0.5 | % | |||||||
4.500%, 05/20/2045 | |||||||||||
to 06/20/2048 | 7,525,798 | 7,849,138 | 0.7 | % | |||||||
4.500%, TBA (A) | 24,100,000 | 24,986,676 | 2.2 | % | |||||||
5.000%, 12/20/2039 | |||||||||||
to 07/20/2048 | 31,262,341 | 32,895,447 | 2.8 | % | |||||||
5.000%, TBA (A) | 9,900,000 | 10,388,034 | 0.9 | % | |||||||
111,151,083 | |||||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $655,411,285) | $ | 645,566,408 | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 1.1% | |||||||||||
Chile - 0.2% | 2,090,355 | 0.2 | % | ||||||||
Indonesia - 0.2% | 2,225,030 | 0.2 | % | ||||||||
Israel - 0.0% | 367,373 | 0.0 | % | ||||||||
Japan - 0.2% | 1,964,544 | 0.2 | % | ||||||||
Mexico - 0.1% | 1,157,618 | 0.1 | % | ||||||||
Paraguay - 0.1% | 987,735 | 0.1 | % | ||||||||
Qatar - 0.0% | 468,936 | 0.0 | % | ||||||||
Saudi Arabia - 0.1% | 1,222,972 | 0.1 | % | ||||||||
South Korea - 0.2% | 2,091,040 | 0.2 | % | ||||||||
Uruguay - 0.0% | 543,200 | 0.0 | % | ||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $13,473,973) | $ | 13,118,803 |
The accompanying notes are an integral part of the financial statements. | 8 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Core Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE BONDS - 22.9% | |||||||||||
Consumer discretionary - 1.4% | $ | 15,826,620 | 1.4 | % | |||||||
Consumer staples - 2.2% | 26,077,948 | 2.2 | % | ||||||||
Energy - 2.7% | 31,542,813 | 2.7 | % | ||||||||
Financials - 6.1% | 70,541,708 | 6.1 | % | ||||||||
Health care - 3.1% | 36,284,384 | 3.1 | % | ||||||||
Industrials - 1.9% | 22,636,697 | 1.9 | % | ||||||||
Information technology - 1.0% | 11,288,903 | 1.0 | % | ||||||||
Materials - 0.9% | 10,041,815 | 0.9 | % | ||||||||
Real estate - 1.1% | 13,163,968 | 1.1 | % | ||||||||
Telecommunication | |||||||||||
services - 0.9% | 10,811,205 | 0.9 | % | ||||||||
Utilities - 1.6% | 18,761,218 | 1.6 | % | ||||||||
TOTAL CORPORATE BONDS | |||||||||||
(Cost $273,564,480) | $ | 266,977,279 | |||||||||
MUNICIPAL | |||||||||||
BONDS - 0.6% | 6,747,106 | 0.6 | % | ||||||||
TOTAL MUNICIPAL BONDS | |||||||||||
(Cost $6,445,847) | $ | 6,747,106 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 12.0% | |||||||||||
Commercial and | |||||||||||
residential - 4.2% | 48,961,475 | 4.2 | % | ||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 3.3% | |||||||||||
3.000%, 10/15/2047 | $ | 8,052,507 | 7,839,267 | 0.7 | % | ||||||
3.000%, 06/15/2048 | 4,022,625 | 3,881,141 | 0.3 | % | |||||||
3.000%, 05/15/2048 | 4,249,677 | 4,095,836 | 0.4 | % | |||||||
4.000%, 09/15/2043 | 3,493,393 | 3,590,092 | 0.3 | % | |||||||
OTHER SECURITIES | 19,308,604 | 1.6 | % | ||||||||
38,714,940 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 4.4% | |||||||||||
3.000%, 06/25/2048 | 4,226,236 | 4,067,896 | 0.4 | % | |||||||
3.000%, 06/25/2048 | 4,022,948 | 3,880,005 | 0.3 | % | |||||||
3.000%, 06/25/2048 | 8,720,367 | 8,455,522 | 0.7 | % | |||||||
3.000%, 07/25/2048 | 8,609,000 | 8,330,252 | 0.7 | % | |||||||
3.500%, 09/25/2043 | 3,790,192 | 3,809,063 | 0.3 | % | |||||||
3.500%, 06/25/2047 | 7,443,799 | 7,436,263 | 0.6 | % | |||||||
OTHER SECURITIES | 15,120,100 | 1.4 | % | ||||||||
51,099,101 | |||||||||||
Government National Mortgage | |||||||||||
Association - 0.1% | 441,833 | 0.1 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $141,196,133) | $ | 139,217,349 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 14.8% | |||||||||||
Navient Student Loan Trust | |||||||||||
2.597%, 02/25/2070 (B)(C) | 4,462,856 | 4,479,500 | 0.4 | % | |||||||
Nelnet Student Loan Trust | |||||||||||
2.470%, 10/25/2033 (B) | 3,973,247 | 3,950,314 | 0.3 | % | |||||||
Nelnet Student Loan Trust | |||||||||||
2.348%, 03/23/2037 (B) | 3,387,206 | 3,342,498 | 0.3 | % | |||||||
Nelnet Student Loan Trust | |||||||||||
2.368%, 12/24/2035 (B) | 4,145,028 | 4,108,960 | 0.4 | % | |||||||
Nelnet Student Loan Trust | |||||||||||
2.597%, 09/27/2038 (B)(C) | 3,742,070 | 3,767,860 | 0.3 | % | |||||||
Nelnet Student Loan Trust | |||||||||||
2.651%, 07/26/2066 (B)(C) | 3,751,000 | 3,751,326 | 0.3 | % |
Core Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
ASSET BACKED | |||||||||||
SECURITIES (continued) | |||||||||||
SMB Private Education Loan | |||||||||||
Trust | |||||||||||
2.700%, 05/15/2031 (C) | $ | 3,635,673 | $ | 3,556,704 | 0.3 | % | |||||
SMB Private Education Loan | |||||||||||
Trust | |||||||||||
2.819%, 09/15/2034 (B)(C) | 3,397,000 | 3,430,919 | 0.3 | % | |||||||
SMB Private Education Loan | |||||||||||
Trust | |||||||||||
3.369%, 02/17/2032 (B)(C) | 3,309,449 | 3,381,152 | 0.3 | % | |||||||
OTHER SECURITIES | 138,749,088 | 11.9 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $172,629,722) | $ | 172,518,321 | |||||||||
SECURITIES LENDING COLLATERAL - 0.7% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (D)(E) | 854,877 | 8,551,850 | 0.7 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $8,551,932) | $ | 8,551,850 | |||||||||
SHORT-TERM INVESTMENTS - 1.6% | |||||||||||
Money market funds - 1.6% | |||||||||||
State Street Institutional | |||||||||||
U.S. Government Money | |||||||||||
Market Fund, Premier | |||||||||||
Class, 1.8098% (D) | 18,278,037 | 18,278,037 | 1.6 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS | |||||||||||
(Cost $18,278,037) | $ | 18,278,037 | |||||||||
Total Investments (Core Bond Trust) | |||||||||||
(Cost $1,289,551,409) - 109.2% | $ | 1,270,975,153 | 109.2 | % | |||||||
Other assets and liabilities, net - (9.2)% | (107,407,893 | ) | (9.2 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 1,163,567,260 | 100.0 | % |
Security Abbreviations and Legend
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | Security purchased or sold on a when-issued or delayed delivery basis. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $158,396,009 or 13.6% of the fund’s net assets as of 6-30-18. |
(D) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Global Bond Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 31.4% | |||||||||||
U.S. Treasury Bonds - 0.5% | $ | 3,031,195 | 0.5 | % | |||||||
U.S. Treasury Inflation Protected | |||||||||||
Securities - 5.0% | |||||||||||
0.125%, 04/15/2022 | |||||||||||
to 07/15/2024 (A) | $ | 5,519,333 | 5,387,497 | 0.9 | % | ||||||
0.500%, 01/15/2028 | 6,093,600 | 5,960,560 | 1.1 | % | |||||||
2.500%, 01/15/2029 (A) | 9,451,161 | 11,103,431 | 2.0 | % |
The accompanying notes are an integral part of the financial statements. | 9 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
U.S. Treasury Inflation Protected | |||||||||||
Securities (continued) | |||||||||||
OTHER SECURITIES | $ | 5,746,569 | 1.0 | % | |||||||
28,198,057 | |||||||||||
U.S. Treasury Notes - 2.0% | |||||||||||
2.875%, 04/30/2025 (A) | $ | 11,200,000 | 11,241,563 | 2.0 | % | ||||||
11,241,563 | |||||||||||
Federal Home Loan Mortgage Corp. - 0.2% | 1,013,735 | 0.2 | % | ||||||||
Federal National Mortgage Association - 23.7% | |||||||||||
3.500%, TBA (B) | 76,300,000 | 75,887,271 | 13.4 | % | |||||||
4.000%, TBA (B) | 55,600,000 | 56,577,173 | 10.1 | % | |||||||
OTHER SECURITIES | 1,081,476 | 0.2 | % | ||||||||
133,545,920 | |||||||||||
Government National Mortgage | |||||||||||
Association - 0.0% | 64,268 | 0.0 | % | ||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $177,358,312) | $ | 177,094,738 | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 23.9% | |||||||||||
Argentina - 0.1% | 739,731 | 0.1 | % | ||||||||
Australia - 0.1% | 324,675 | 0.1 | % | ||||||||
Canada - 2.9% | |||||||||||
Province of Ontario 3.500%, | |||||||||||
06/02/2024 | CAD | 5,100,000 | 4,063,939 | 0.7 | % | ||||||
Province of Quebec 4.250%, | |||||||||||
12/01/2021 | 4,500,000 | 3,637,413 | 0.6 | % | |||||||
OTHER SECURITIES | 8,857,248 | 1.6 | % | ||||||||
16,558,600 | |||||||||||
France - 2.0% | |||||||||||
Government of France | |||||||||||
2.000%, 05/25/2048 (C) | EUR | 6,600,000 | 8,535,132 | 1.5 | % | ||||||
Government of France | |||||||||||
3.250%, 05/25/2045 | 1,800,000 | 2,945,936 | 0.5 | % | |||||||
11,481,068 | |||||||||||
Israel - 0.2% | 953,334 | 0.2 | % | ||||||||
Italy - 2.5% | |||||||||||
Republic of Italy 3.450%, | |||||||||||
03/01/2048 (C) | 7,700,000 | 9,003,138 | 1.6 | % | |||||||
OTHER SECURITIES | 5,117,796 | 0.9 | % | ||||||||
14,120,934 | |||||||||||
Japan - 3.9% | |||||||||||
Government of Japan | |||||||||||
0.500%, 09/20/2046 | JPY | 370,000,000 | 3,179,246 | 0.6 | % | ||||||
Government of Japan | |||||||||||
1.600%, 03/20/2033 | 840,000,000 | 9,057,114 | 1.6 | % | |||||||
OTHER SECURITIES | 9,884,126 | 1.7 | % | ||||||||
22,120,486 | |||||||||||
Kuwait - 0.9% | |||||||||||
State of Kuwait 3.500%, | |||||||||||
03/20/2027 (C) | $ | 3,800,000 | 3,697,164 | 0.7 | % | ||||||
OTHER SECURITIES | 1,168,661 | 0.2 | % | ||||||||
4,865,825 | |||||||||||
Lithuania - 0.2% | 962,541 | 0.2 | % | ||||||||
New Zealand - 0.8% | |||||||||||
Dominion of New Zealand | |||||||||||
5.000%, 03/15/2019 | NZD | 6,300,000 | 4,363,495 | 0.8 | % |
Global Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (continued) | |||||||||||
Norway - 0.1% | $ | 501,568 | 0.1 | % | |||||||
Poland - 0.2% | 1,255,714 | 0.2 | % | ||||||||
Qatar - 1.2% | |||||||||||
Government of Qatar | |||||||||||
3.875%, 04/23/2023 (C) | $ | 4,300,000 | 4,296,870 | 0.8 | % | ||||||
OTHER SECURITIES | 2,733,205 | 0.4 | % | ||||||||
7,030,075 | |||||||||||
Saudi Arabia - 1.4% | |||||||||||
Kingdom of Saudi Arabia | |||||||||||
2.375%, 10/26/2021 | 4,800,000 | 4,608,797 | 0.8 | % | |||||||
OTHER SECURITIES | 3,268,507 | 0.6 | % | ||||||||
7,877,304 | |||||||||||
Slovenia - 1.4% | |||||||||||
Republic of Slovenia | |||||||||||
4.125%, 02/18/2019 | 3,850,000 | 3,876,180 | 0.7 | % | |||||||
OTHER SECURITIES | 4,222,251 | 0.7 | % | ||||||||
8,098,431 | |||||||||||
Spain - 1.8% | |||||||||||
Kingdom of Spain 1.950%, | |||||||||||
04/30/2026 (C) | EUR | 3,500,000 | 4,368,752 | 0.8 | % | ||||||
OTHER SECURITIES | 5,717,480 | 1.0 | % | ||||||||
10,086,232 | |||||||||||
United Arab | |||||||||||
Emirates - 0.5% | 2,746,737 | 0.5 | % | ||||||||
United Kingdom - 3.7% | |||||||||||
Government of United | |||||||||||
Kingdom 1.500%, | |||||||||||
07/22/2047 | GBP | 3,100,000 | 3,873,205 | 0.7 | % | ||||||
Government of United | |||||||||||
Kingdom 3.250%, | |||||||||||
01/22/2044 | 3,700,000 | 6,375,467 | 1.1 | % | |||||||
Government of United | |||||||||||
Kingdom 4.250%, | |||||||||||
12/07/2040 | 4,000,000 | 7,735,021 | 1.4 | % | |||||||
OTHER SECURITIES | 3,194,825 | 0.5 | % | ||||||||
21,178,518 | |||||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $136,576,516) | $ | 135,265,268 | |||||||||
CORPORATE BONDS - 39.9% | |||||||||||
Brazil - 0.7% | 4,149,695 | 0.7 | % | ||||||||
Canada - 1.1% | 6,244,563 | 1.1 | % | ||||||||
Cayman Islands - 0.3% | 1,644,535 | 0.3 | % | ||||||||
China - 0.1% | 297,604 | 0.1 | % | ||||||||
Denmark - 3.5% | |||||||||||
Nordea Kredit | |||||||||||
Realkreditaktieselskab | |||||||||||
2.000% 10/01/2047 | |||||||||||
to 10/01/2050 | DKK | 26,419,323 | 4,172,623 | 0.7 | % | ||||||
Nykredit Realkredit A/S | |||||||||||
2.000%, 10/01/2047 | 35,325,626 | 5,588,192 | 1.0 | % | |||||||
Realkredit Danmark A/S | |||||||||||
2.000%, 10/01/2047 | 31,012,785 | 4,902,295 | 0.9 | % | |||||||
OTHER SECURITIES | 5,276,835 | 0.9 | % | ||||||||
19,939,945 | |||||||||||
France - 1.9% | |||||||||||
Dexia Credit Local SA | |||||||||||
1.875%, 09/15/2021 (C) | $ | 3,100,000 | 2,985,923 | 0.5 | % | ||||||
OTHER SECURITIES | 7,570,793 | 1.4 | % | ||||||||
10,556,716 |
The accompanying notes are an integral part of the financial statements. | 10 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Germany - 0.6% | $ | 3,242,655 | 0.6 | % | |||||||
Guernsey, Channel | |||||||||||
Islands - 0.1% | 394,816 | 0.1 | % | ||||||||
Hong Kong - 0.1% | 398,812 | 0.1 | % | ||||||||
India - 0.1% | 278,850 | 0.1 | % | ||||||||
Ireland - 0.6% | 3,261,507 | 0.6 | % | ||||||||
Italy - 0.9% | |||||||||||
Banca Carige SpA 3.875%, | |||||||||||
10/24/2018 | EUR | 2,800,000 | 3,297,156 | 0.6 | % | ||||||
OTHER SECURITIES | 1,948,377 | 0.3 | % | ||||||||
5,245,533 | |||||||||||
Ivory Coast - 0.4% | 2,351,149 | 0.4 | % | ||||||||
Japan - 1.6% | |||||||||||
Central Nippon Expressway | |||||||||||
Company, Ltd. (3 month | |||||||||||
LIBOR + 0.540%) | |||||||||||
2.903%, 08/04/2020 (D) | $ | 3,100,000 | 3,106,510 | 0.5 | % | ||||||
OTHER SECURITIES | 6,204,934 | 1.1 | % | ||||||||
9,311,444 | |||||||||||
Jersey, Channel | |||||||||||
Islands - 0.0% | 272,033 | 0.0 | % | ||||||||
Luxembourg - 0.2% | 1,253,522 | 0.2 | % | ||||||||
Netherlands - 2.2% | |||||||||||
ING Bank NV 2.625%, | |||||||||||
12/05/2022 | 3,500,000 | 3,418,167 | 0.6 | % | |||||||
ING Bank NV (4.125% to | |||||||||||
11-21-18, then 5 Year U.S. | |||||||||||
ISDAFIX + 2.700%) | |||||||||||
11/21/2023 | 2,900,000 | 2,906,960 | 0.5 | % | |||||||
OTHER SECURITIES | 6,292,713 | 1.1 | % | ||||||||
12,617,840 | |||||||||||
Norway - 0.3% | 1,461,668 | 0.3 | % | ||||||||
Russia - 0.5% | 2,570,955 | 0.5 | % | ||||||||
Singapore - 0.4% | 2,305,049 | 0.4 | % | ||||||||
Spain - 0.1% | 676,955 | 0.1 | % | ||||||||
Sweden - 4.9% | |||||||||||
Lansforsakringar Hypotek | |||||||||||
AB 1.250%, 09/20/2023 | SEK | 26,400,000 | 3,027,295 | 0.5 | % | ||||||
Nordea Hypotek AB 1.000%, | |||||||||||
04/08/2022 | 40,400,000 | 4,625,805 | 0.8 | % | |||||||
Stadshypotek AB 1.500%, | |||||||||||
12/15/2021 | 32,000,000 | 3,730,235 | 0.7 | % | |||||||
Stadshypotek AB 4.500%, | |||||||||||
09/21/2022 | 45,000,000 | 5,876,661 | 1.0 | % | |||||||
Swedbank Hypotek AB | |||||||||||
1.000% 09/15/2021 | |||||||||||
to 06/15/2022 | 36,100,000 | 4,133,416 | 0.7 | % | |||||||
OTHER SECURITIES | 6,157,604 | 1.2 | % | ||||||||
27,551,016 | |||||||||||
Switzerland - 1.4% | |||||||||||
UBS AG 7.625%, 08/17/2022 | $ | 2,950,000 | 3,256,505 | 0.6 | % | ||||||
OTHER SECURITIES | 4,598,191 | 0.8 | % | ||||||||
7,854,696 |
Global Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
United Kingdom - 3.8% | $ | 21,523,596 | 3.8 | % | |||||||
United States - 14.0% | |||||||||||
MUFG Americas Holdings | |||||||||||
Corp. 3.000%, 02/10/2025 | $ | 3,500,000 | 3,344,380 | 0.6 | % | ||||||
OTHER SECURITIES | 75,609,292 | 13.4 | % | ||||||||
78,953,672 | |||||||||||
Virgin Islands, | |||||||||||
British - 0.1% | 796,521 | 0.1 | % | ||||||||
TOTAL CORPORATE BONDS | |||||||||||
(Cost $225,292,553) | $ | 225,155,347 | |||||||||
CAPITAL PREFERRED | |||||||||||
SECURITIES - 0.3% | |||||||||||
United States - 0.3% | 1,493,933 | 0.3 | % | ||||||||
TOTAL CAPITAL PREFERRED SECURITIES | |||||||||||
(Cost $1,440,000) | $ | 1,493,933 | |||||||||
MUNICIPAL BONDS - 0.8% | |||||||||||
State of California (1 month | |||||||||||
LIBOR + 0.780%) | |||||||||||
2.781%, 04/01/2047 (D) | 2,900,000 | 2,918,299 | 0.5 | % | |||||||
OTHER SECURITIES | 1,854,372 | 0.3 | % | ||||||||
TOTAL MUNICIPAL BONDS (Cost $4,759,885) | $ | 4,772,671 | |||||||||
TERM LOANS (E) - 0.1% | |||||||||||
United States - 0.1% | 681,556 | 0.1 | |||||||||
TOTAL TERM LOANS (Cost $692,615) | $ | 681,556 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 8.1% | |||||||||||
Canada - 0.3% | 1,719,658 | 0.3 | % | ||||||||
Italy - 0.1% | 340,676 | 0.1 | % | ||||||||
United Kingdom - 2.1% | |||||||||||
Mansard Mortgages PLC | |||||||||||
1.278%, 12/15/2049 (D) | GBP | 3,657,300 | 4,790,962 | 0.9 | % | ||||||
OTHER SECURITIES | 7,397,116 | 1.2 | % | ||||||||
12,188,078 | |||||||||||
United States - 5.6% | 31,419,300 | 5.6 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $45,998,563) | $ | 45,667,712 | |||||||||
ASSET BACKED SECURITIES - 8.6% | |||||||||||
United States - 4.8% | |||||||||||
WaMu Asset-Backed | |||||||||||
Certificates | |||||||||||
2.320%, 04/25/2037 (D) | $ | 6,653,923 | 3,656,926 | 0.7 | % | ||||||
OTHER SECURITIES | 23,260,148 | 4.1 | % | ||||||||
Cayman Islands - 3.6% | |||||||||||
Telos CLO, Ltd. | |||||||||||
3.623%, 01/17/2027 | |||||||||||
(C),(D) | 2,900,000 | 2,900,325 | 0.5 | % | |||||||
Oaktree CLO, Ltd. | |||||||||||
3.579%, 10/20/2026 | |||||||||||
(C),(D) | 2,900,000 | 2,900,516 | 0.5 | % | |||||||
Oak Hill Credit Partners | |||||||||||
X, Ltd. | |||||||||||
3.489%, 07/20/2026 | |||||||||||
(C),(D) | 2,900,000 | 2,900,365 | 0.5 | % | |||||||
OTHER SECURITIES | 11,725,764 | 2.1 | % | ||||||||
Ireland - 0.2% | 1,286,652 | 0.2 | % | ||||||||
TOTAL ASSET BACKED SECURITIES | |||||||||||
(Cost $47,352,228) | $ | 48,630,696 |
The accompanying notes are an integral part of the financial statements. | 11 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
ESCROW SHARES - 0.1% | ||||||||||
United States - 0.1% | $ | 329,450 | 0.1 | % | ||||||
TOTAL ESCROW SHARES (Cost $0) | $ | 329,450 | ||||||||
PURCHASED OPTIONS - 0.0% | ||||||||||
Calls - 0.0% | 74,334 | 0.0 | % | |||||||
Puts - 0.0% | 202,626 | 0.0 | % | |||||||
TOTAL PURCHASED OPTIONS (Cost $326,732) | $ | 276,960 | ||||||||
COMMON STOCKS - 0.0% | ||||||||||
United States - 0.0% | 31,588 | 0.0 | % | |||||||
TOTAL COMMON STOCKS (Cost $1,185) | $ | 31,588 | ||||||||
PREFERRED SECURITIES - 0.1% | ||||||||||
United Kingdom - 0.1% | 388,528 | 0.1 | % | |||||||
TOTAL PREFERRED SECURITIES | ||||||||||
(Cost $410,172) | $ | 388,528 | ||||||||
SHORT-TERM | ||||||||||
INVESTMENTS - 14.9% | ||||||||||
Commercial paper - 0.2% | 898,717 | 0.2 | % | |||||||
Foreign government - 11.7% | ||||||||||
Japan Treasury Discount Bill | ||||||||||
(0.134)%, 07/09/2018 * | JPY | 500,000,000 | 4,516,177 | 0.8 | % | |||||
Japan Treasury Discount Bill | ||||||||||
(0.137)%, 08/20/2018 * | 1,350,000,000 | 12,195,518 | 2.2 | % | ||||||
Japan Treasury Discount Bill | ||||||||||
(0.146)%, 09/03/2018 * | 1,370,000,000 | 12,376,799 | 2.2 | % | ||||||
Japan Treasury Discount Bill | ||||||||||
(0.128)%, 09/10/2018 * | 2,630,000,000 | 23,760,482 | 4.2 | % | ||||||
Japan Treasury Discount Bill | ||||||||||
(0.124)%, 09/18/2018 * | 930,000,000 | 8,402,231 | 1.5 | % | ||||||
OTHER SECURITIES | 4,682,142 | 0.8 | % | |||||||
65,933,349 | ||||||||||
U.S. Government - 0.0% | 305,471 | 0.0 | % | |||||||
Repurchase agreement - 3.0% | ||||||||||
Repurchase Agreement with | ||||||||||
Royal Bank of Canada | ||||||||||
dated 6-29-18 at 2.220% to | ||||||||||
be repurchased at | ||||||||||
$11,802,183 on 7-2-18, | ||||||||||
collateralized by | ||||||||||
$12,271,000 U.S. Treasury | ||||||||||
Bills, 0.000% due 4-25-19 | ||||||||||
(valued at $12,047,037, | ||||||||||
including interest) | $ | 11,800,000 | 11,800,000 | 2.1 | % | |||||
Repurchase Agreement with | ||||||||||
State Street Corp. dated | ||||||||||
6-29-18 at 0.900% to be | ||||||||||
repurchased at $5,326,399 | ||||||||||
on 7-2-18, collateralized | ||||||||||
by $5,420,000 | ||||||||||
U.S. Treasury Notes, | ||||||||||
1.375% due 12-31-18 | ||||||||||
(valued at $5,434,623, | ||||||||||
including interest) | 5,326,000 | 5,326,000 | 0.9 | % | ||||||
17,126,000 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS | ||||||||||
(Cost $84,852,507) | $ | 84,263,537 | ||||||||
Total Investments (Global Bond Trust) | ||||||||||
(Cost $725,061,268) - 128.2% | $ | 724,051,984 | 128.2 | % | ||||||
Other assets and liabilities, net - (28.2)% | (159,434,783 | ) | (28.2 | %) | ||||||
TOTAL NET ASSETS - 100.0% | $ | 564,617,201 | 100.0 | % |
Global Bond Trust (continued)
Currency Abbreviations
CAD | Canadian Dollar |
DKK | Danish Krone |
EUR | Euro |
GBP | Pound Sterling |
JPY | Japanese Yen |
NZD | New Zealand Dollar |
SEK | Swedish Krona |
Security Abbreviations and Legend
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
LIBOR | London Interbank Offered Rate |
ISDAFIX | International Swaps and Derivatives Association Fixed Interest Rate Swap Rate |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $126,413,696 or 22.4% of the fund’s net assets as of 6-30-18. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(E) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
* | 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. |
The accompanying notes are an integral part of the financial statements. | 12 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
10-Year Australian Treasury Bond Futures | 19 | Long | Sep 2018 | $1,789,173 | $1,818,948 | $29,775 | |||||||
10-Year Canada Government Bond Futures | 20 | Long | Sep 2018 | 2,033,027 | 2,079,793 | 46,766 | |||||||
10-Year Japan Government Bond Future | 16 | Long | Sep 2018 | 21,767,901 | 21,798,672 | 30,771 | |||||||
10-Year U.S. Treasury Note Futures | 224 | Long | Sep 2018 | 26,820,651 | 26,922,000 | 101,349 | |||||||
3-Month Sterling Futures | 554 | Long | Dec 2018 | 90,606,742 | 90,597,603 | (9,139 | ) | ||||||
3-Year Australian Treasury Bond Futures | 14 | Long | Sep 2018 | 1,148,994 | 1,153,597 | 4,603 | |||||||
5-Year U.S. Treasury Note Futures | 543 | Long | Sep 2018 | 61,593,261 | 61,694,133 | 100,872 | |||||||
Euro-Buxl Futures | 15 | Long | Sep 2018 | 3,036,764 | 3,112,771 | 76,007 | |||||||
Eurodollar Futures | 58 | Long | Sep 2018 | 14,181,731 | 14,144,025 | (37,706 | ) | ||||||
Eurodollar Futures | 1,109 | Long | Mar 2019 | 269,916,262 | 269,597,900 | (318,362 | ) | ||||||
Eurodollar Futures | 272 | Long | Dec 2019 | 66,083,993 | 65,983,800 | (100,193 | ) | ||||||
German Euro BOBL Futures | 447 | Long | Sep 2018 | 68,775,323 | 68,993,613 | 218,290 | |||||||
German Euro BUND Futures | 123 | Long | Sep 2018 | 23,232,641 | 23,348,585 | 115,944 | |||||||
Ultra U.S. Treasury Bond Futures | 165 | Long | Sep 2018 | 25,818,863 | 26,327,812 | 508,949 | |||||||
3-Month Sterling Futures | 554 | Short | Dec 2019 | (90,378,251 | ) | (90,359,982 | ) | 18,269 | |||||
Euro-BTP Italian Government Bond Futures | 160 | Short | Sep 2018 | (23,384,783 | ) | (23,774,540 | ) | (389,757 | ) | ||||
Eurodollar Futures | 58 | Short | Sep 2019 | (14,138,944 | ) | (14,076,600 | ) | 62,344 | |||||
Eurodollar Futures | 1,109 | Short | Mar 2020 | (269,139,053 | ) | (268,987,950 | ) | 151,103 | |||||
Eurodollar Futures | 272 | Short | Dec 2020 | (66,015,469 | ) | (65,973,600 | ) | 41,869 | |||||
Euro-OAT Futures | 378 | Short | Sep 2018 | (67,620,267 | ) | (68,218,348 | ) | (598,081 | ) | ||||
U.K. Long Gilt Bond Futures | 68 | Short | Sep 2018 | (10,893,407 | ) | (11,043,777 | ) | (150,370 | ) | ||||
$(96,697 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
AUD | 955,800 | CAD | 923,895 | Goldman Sachs Bank USA | 7/5/2018 | $4,539 | — | ||||||||
AUD | 4,450,000 | USD | 3,364,137 | JPMorgan Chase Bank N.A. | 8/15/2018 | — | ($70,442 | ) | |||||||
AUD | 794,000 | USD | 619,955 | BNP Paribas SA | 8/20/2018 | — | (32,262 | ) | |||||||
AUD | 808,000 | USD | 629,901 | Morgan Stanley Bank, N.A. | 8/20/2018 | — | (31,846 | ) | |||||||
AUD | 1,950,000 | USD | 1,549,665 | HSBC Bank USA | 12/6/2018 | — | (105,377 | ) | |||||||
AUD | 1,030,000 | USD | 818,850 | HSBC Bank USA | 2/7/2019 | — | (55,457 | ) | |||||||
BRL | 3,337,062 | USD | 865,466 | Credit Suisse International | 7/3/2018 | — | (4,455 | ) | |||||||
BRL | 3,337,062 | USD | 896,277 | Deutsche Bank AG London | 7/3/2018 | — | (35,266 | ) | |||||||
BRL | 68,988 | USD | 18,000 | Bank of America, N.A. | 8/2/2018 | — | (263 | ) | |||||||
BRL | 3,337,062 | USD | 876,214 | Credit Suisse International | 8/2/2018 | — | (18,257 | ) | |||||||
CAD | 1,225,000 | USD | 923,146 | JPMorgan Chase Bank N.A. | 7/3/2018 | 8,661 | — | ||||||||
CAD | 1,501,000 | USD | 1,127,527 | Standard Chartered Bank | 7/3/2018 | 14,221 | — | ||||||||
CAD | 1,721,391 | USD | 1,309,000 | Goldman Sachs Bank USA | 7/5/2018 | 445 | — | ||||||||
CAD | 1,426,627 | USD | 1,083,240 | Citibank N.A. | 8/20/2018 | 2,826 | — | ||||||||
CHF | 3,475,000 | USD | 3,509,117 | BNP Paribas SA | 8/15/2018 | 12,621 | — | ||||||||
CNH | 2,381,000 | USD | 357,768 | Citibank N.A. | 9/19/2018 | 144 | — | ||||||||
CNH | 91,408,457 | USD | 14,364,268 | HSBC Bank USA | 9/19/2018 | — | (623,759 | ) | |||||||
COP | 4,093,894,000 | USD | 1,431,000 | Deutsche Bank AG London | 7/17/2018 | — | (35,128 | ) | |||||||
COP | 7,189,582,060 | USD | 2,527,448 | JPMorgan Chase Bank N.A. | 7/17/2018 | — | (76,056 | ) | |||||||
COP | 429,000,000 | USD | 150,000 | Standard Chartered Bank London | 7/17/2018 | — | (3,726 | ) | |||||||
COP | 6,697,518,680 | USD | 2,265,929 | Citibank N.A. | 9/18/2018 | 11,285 | — | ||||||||
CZK | 41,681,677 | USD | 1,987,277 | Bank of America, N.A. | 8/15/2018 | — | (108,661 | ) | |||||||
DKK | 116,005,194 | USD | 18,181,492 | Standard Chartered Bank | 7/2/2018 | 1,282 | — | ||||||||
DKK | 4,285,000 | USD | 711,190 | UBS AG | 7/2/2018 | — | (39,554 | ) | |||||||
DKK | 2,625,000 | USD | 412,770 | HSBC Bank USA | 10/1/2018 | 1,611 | — | ||||||||
EUR | 1,624,000 | RON | 7,647,598 | Goldman Sachs Bank USA | 9/17/2018 | — | (1,608 | ) | |||||||
EUR | 796,000 | RON | 3,747,170 | Goldman Sachs Bank USA | 9/19/2018 | — | (252 | ) | |||||||
EUR | 227,000 | SEK | 2,337,837 | Deutsche Bank AG London | 4/23/2019 | 4,153 | — | ||||||||
EUR | 311,000 | SEK | 3,231,446 | Royal Bank of Scotland PLC | 4/23/2019 | 2,429 | — | ||||||||
EUR | 65,654,769 | USD | 78,384,731 | Bank of America, N.A. | 8/15/2018 | — | (1,472,241 | ) | |||||||
EUR | 1,174,000 | USD | 1,370,228 | Citibank N.A. | 8/15/2018 | 5,076 | — | ||||||||
EUR | 4,966,000 | USD | 5,808,181 | Goldman Sachs Bank USA | 8/15/2018 | 9,332 | — | ||||||||
EUR | 886,000 | USD | 1,057,088 | JPMorgan Chase Bank N.A. | 8/15/2018 | — | (19,167 | ) | |||||||
EUR | 845,000 | USD | 999,850 | Standard Chartered Bank | 8/15/2018 | — | (9,959 | ) |
The accompanying notes are an integral part of the financial statements. | 13 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
EUR | 765,000 | USD | 964,053 | Deutsche Bank AG London | 12/14/2018 | — | ($59,053 | ) | |||||||
EUR | 1,350,000 | USD | 1,697,936 | Deutsche Bank AG London | 1/24/2019 | — | (95,365 | ) | |||||||
EUR | 1,161,000 | USD | 1,401,675 | HSBC Bank USA | 5/28/2019 | — | (8,722 | ) | |||||||
EUR | 31,000 | USD | 39,634 | Morgan Stanley Bank, N.A. | 6/28/2021 | — | (100 | ) | |||||||
GBP | 11,879,000 | USD | 15,738,166 | Citibank N.A. | 7/3/2018 | — | (60,851 | ) | |||||||
GBP | 520,000 | USD | 700,111 | Goldman Sachs Bank USA | 7/3/2018 | — | (13,841 | ) | |||||||
GBP | 447,000 | USD | 594,792 | BNP Paribas SA | 7/5/2018 | — | (4,812 | ) | |||||||
GBP | 1,083,000 | USD | 1,426,798 | Citibank N.A. | 7/11/2018 | $2,990 | — | ||||||||
GBP | 2,217,000 | USD | 2,935,583 | UBS AG | 8/2/2018 | — | (5,708 | ) | |||||||
HUF | 132,259,000 | USD | 509,929 | BNP Paribas SA | 8/8/2018 | — | (39,884 | ) | |||||||
IDR | 16,368,330,000 | USD | 1,158,000 | Bank of America, N.A. | 9/19/2018 | — | (27,275 | ) | |||||||
IDR | 5,267,506,000 | USD | 373,000 | Goldman Sachs Bank USA | 9/19/2018 | — | (9,121 | ) | |||||||
IDR | 25,645,748,600 | USD | 1,785,916 | HSBC Bank USA | 9/19/2018 | — | (14,307 | ) | |||||||
ILS | 2,377,000 | USD | 658,608 | Bank of America, N.A. | 8/8/2018 | — | (7,199 | ) | |||||||
INR | 99,408,920 | USD | 1,438,000 | Barclays Bank PLC Wholesale | 9/19/2018 | — | (1,397 | ) | |||||||
INR | 81,575,400 | USD | 1,185,000 | Credit Suisse International | 9/19/2018 | — | (6,118 | ) | |||||||
INR | 112,638,175 | USD | 1,615,000 | Goldman Sachs Bank USA | 9/19/2018 | 12,784 | — | ||||||||
INR | 162,264,655 | USD | 2,369,000 | Nomura Global Financial Products, Inc. | 9/19/2018 | — | (24,042 | ) | |||||||
JPY | 9,135,700,000 | USD | 83,836,836 | Citibank N.A. | 8/15/2018 | — | (1,083,869 | ) | |||||||
JPY | 105,200,000 | USD | 953,508 | JPMorgan Chase Bank N.A. | 8/15/2018 | — | (585 | ) | |||||||
KRW | 7,336,097,857 | USD | 6,825,039 | Standard Chartered Bank London | 9/19/2018 | — | (222,039 | ) | |||||||
MXN | 352,025,718 | USD | 18,298,782 | BNP Paribas SA | 8/27/2018 | — | (725,164 | ) | |||||||
MXN | 24,600,000 | USD | 1,228,729 | Citibank N.A. | 8/27/2018 | — | (662 | ) | |||||||
MXN | 12,485,937 | USD | 582,000 | Deutsche Bank AG London | 3/14/2019 | 22,521 | — | ||||||||
MXN | 5,120,700 | USD | 260,000 | HSBC Bank USA | 3/14/2019 | — | (12,075 | ) | |||||||
MYR | 6,942,651 | USD | 1,733,929 | Morgan Stanley Bank, N.A. | 9/19/2018 | — | (17,926 | ) | |||||||
NOK | 36,020,000 | USD | 4,449,973 | JPMorgan Chase Bank N.A. | 8/15/2018 | — | (19,767 | ) | |||||||
NZD | 5,689,000 | USD | 3,880,196 | Standard Chartered Bank | 7/3/2018 | — | (27,037 | ) | |||||||
PEN | 71,692 | USD | 21,907 | BNP Paribas SA | 7/19/2018 | — | (91 | ) | |||||||
PLN | 582,000 | USD | 170,595 | Citibank N.A. | 7/6/2018 | — | (15,209 | ) | |||||||
SEK | 4,564,320 | EUR | 445,000 | JPMorgan Chase Bank N.A. | 4/23/2019 | — | (10,276 | ) | |||||||
SEK | 2,440,000 | USD | 284,271 | HSBC Bank USA | 8/15/2018 | — | (10,980 | ) | |||||||
THB | 50,420,878 | USD | 1,587,059 | Morgan Stanley Bank, N.A. | 9/19/2018 | — | (61,706 | ) | |||||||
TRY | 32,413,624 | USD | 7,335,507 | Standard Chartered Bank London | 8/15/2018 | — | (408,561 | ) | |||||||
USD | 730,934 | AUD | 967,000 | Citibank N.A. | 8/15/2018 | 15,203 | — | ||||||||
USD | 218,564 | AUD | 288,000 | JPMorgan Chase Bank N.A. | 8/15/2018 | 5,399 | — | ||||||||
USD | 1,563,169 | AUD | 2,069,000 | Standard Chartered Bank | 8/15/2018 | 31,786 | — | ||||||||
USD | 878,637 | BRL | 3,337,062 | Credit Suisse International | 7/3/2018 | 17,626 | — | ||||||||
USD | 865,466 | BRL | 3,337,062 | Deutsche Bank AG London | 7/3/2018 | 4,455 | — | ||||||||
USD | 684,000 | BRL | 2,617,463 | Deutsche Bank AG London | 3/14/2019 | 24,532 | — | ||||||||
USD | 260,000 | BRL | 877,500 | HSBC Bank USA | 3/14/2019 | 38,914 | — | ||||||||
USD | 166,111 | CAD | 216,000 | Citibank N.A. | 7/3/2018 | 1,808 | — | ||||||||
USD | 281,693 | CAD | 375,000 | Goldman Sachs Bank USA | 7/3/2018 | — | (3,554 | ) | |||||||
USD | 2,545,444 | CAD | 3,348,000 | JPMorgan Chase Bank N.A. | 7/3/2018 | — | (1,242 | ) | |||||||
USD | 1,776,080 | CAD | 2,304,000 | Morgan Stanley Bank, N.A. | 7/3/2018 | 23,522 | — | ||||||||
USD | 285,080 | CAD | 375,000 | BNP Paribas SA | 7/5/2018 | — | (178 | ) | |||||||
USD | 171,745 | CHF | 169,000 | Goldman Sachs Bank USA | 8/15/2018 | 472 | — | ||||||||
USD | 2,272,656 | COP | 6,697,518,680 | Citibank N.A. | 7/17/2018 | — | (10,959 | ) | |||||||
USD | 1,536,000 | COP | 4,188,672,000 | Deutsche Bank AG London | 7/17/2018 | 107,812 | — | ||||||||
USD | 282,000 | COP | 826,285,380 | HSBC Bank USA | 7/17/2018 | 266 | — | ||||||||
USD | 1,376,852 | CZK | 30,126,000 | Citibank N.A. | 8/15/2018 | 19,057 | — | ||||||||
USD | 19,837,108 | DKK | 119,060,339 | Citibank N.A. | 7/2/2018 | 1,175,467 | — | ||||||||
USD | 313,014 | DKK | 1,885,000 | UBS AG | 7/2/2018 | 17,558 | — | ||||||||
USD | 18,314,103 | DKK | 116,005,194 | Standard Chartered Bank | 10/1/2018 | 1,577 | — | ||||||||
USD | 2,885,187 | EUR | 2,444,000 | Bank of America, N.A. | 8/15/2018 | 22,118 | — | ||||||||
USD | 1,425,634 | EUR | 1,217,000 | BNP Paribas SA | 8/15/2018 | — | (43 | ) | |||||||
USD | 1,120,424 | EUR | 956,000 | Goldman Sachs Bank USA | 8/15/2018 | 500 | — | ||||||||
USD | 2,755,379 | EUR | 2,379,000 | JPMorgan Chase Bank N.A. | 8/15/2018 | — | (31,545 | ) | |||||||
USD | 963,833 | EUR | 765,000 | Standard Chartered Bank | 12/14/2018 | 58,833 | — | ||||||||
USD | 1,375,643 | EUR | 1,106,000 | UBS AG | 12/14/2018 | 67,238 | — | ||||||||
USD | 1,692,472 | EUR | 1,408,000 | HSBC Bank USA | 1/24/2019 | 21,050 | — | ||||||||
USD | 2,722,640 | EUR | 2,151,000 | Citibank N.A. | 2/7/2019 | 166,191 | — | ||||||||
USD | 4,451,396 | GBP | 3,314,000 | Citibank N.A. | 7/3/2018 | 77,743 | — | ||||||||
USD | 3,827,530 | GBP | 2,870,000 | Goldman Sachs Bank USA | 7/3/2018 | 39,847 | — | ||||||||
USD | 4,730,770 | GBP | 3,573,000 | JPMorgan Chase Bank N.A. | 7/3/2018 | 15,302 | — | ||||||||
USD | 559,857 | GBP | 425,000 | Standard Chartered Bank | 7/3/2018 | — | (1,037 | ) |
The accompanying notes are an integral part of the financial statements. | 14 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
USD | 2,931,433 | GBP | 2,217,000 | UBS AG | 7/3/2018 | $5,546 | — | ||||||||
USD | 534,807 | GBP | 397,000 | Citibank N.A. | 7/11/2018 | 10,683 | — | ||||||||
USD | 825,563 | GBP | 616,000 | Citibank N.A. | 6/18/2019 | — | ($1,034 | ) | |||||||
USD | 1,749,661 | IDR | 25,087,329,000 | Standard Chartered Bank London | 9/19/2018 | 16,627 | — | ||||||||
USD | 338,000 | INR | 23,301,720 | Bank of America, N.A. | 9/19/2018 | 1,257 | — | ||||||||
USD | 887,600 | INR | 61,439,672 | Standard Chartered Bank London | 10/29/2018 | 4,307 | — | ||||||||
USD | 854,884 | JPY | 90,000,000 | Bank of America, N.A. | 7/2/2018 | 41,986 | — | ||||||||
USD | 4,703,602 | JPY | 500,000,000 | UBS AG | 7/9/2018 | 185,735 | — | ||||||||
USD | 1,178,908 | JPY | 130,000,000 | Citibank N.A. | 8/20/2018 | 941 | — | ||||||||
USD | 7,254,065 | JPY | 800,000,000 | JPMorgan Chase Bank N.A. | 8/20/2018 | 5,033 | — | ||||||||
USD | 3,808,056 | JPY | 420,000,000 | Morgan Stanley Bank, N.A. | 8/20/2018 | 2,314 | — | ||||||||
USD | 12,643,042 | JPY | 1,370,000,000 | JPMorgan Chase Bank N.A. | 9/4/2018 | 216,343 | — | ||||||||
USD | 24,106,324 | JPY | 2,630,000,000 | JPMorgan Chase Bank N.A. | 9/10/2018 | 239,819 | — | ||||||||
USD | 8,482,267 | JPY | 930,000,000 | Citibank N.A. | 9/18/2018 | 37,649 | — | ||||||||
USD | 820,008 | JPY | 90,000,000 | Citibank N.A. | 10/1/2018 | 1,979 | — | ||||||||
USD | 280,000 | KRW | 304,276,000 | Bank of America, N.A. | 7/19/2018 | 6,696 | — | ||||||||
USD | 997,000 | KRW | 1,083,739,000 | Credit Suisse International | 7/19/2018 | 23,574 | — | ||||||||
USD | 633,000 | KRW | 699,021,900 | HSBC Bank USA | 7/23/2018 | 5,075 | — | ||||||||
USD | 688,000 | KRW | 761,753,600 | Nomura Global Financial Products, Inc. | 7/23/2018 | 3,724 | — | ||||||||
USD | 1,132,000 | KRW | 1,254,595,600 | Goldman Sachs Bank USA | 7/25/2018 | 4,957 | — | ||||||||
USD | 270,000 | KRW | 299,052,000 | Nomura Global Financial Products, Inc. | 7/25/2018 | 1,352 | — | ||||||||
USD | 1,055,000 | KRW | 1,175,692,000 | Goldman Sachs Bank USA | 8/3/2018 | — | (1,374 | ) | |||||||
USD | 322,000 | KRW | 358,450,400 | Nomura Global Financial Products, Inc. | 8/3/2018 | — | (72 | ) | |||||||
USD | 227,000 | KRW | 251,991,567 | BNP Paribas SA | 9/19/2018 | 190 | — | ||||||||
USD | 160,800 | KRW | 178,771,008 | BNP Paribas SA | 10/29/2018 | — | (385 | ) | |||||||
USD | 1,414,384 | MXN | 29,579,000 | Citibank N.A. | 8/27/2018 | — | (62,242 | ) | |||||||
USD | 6,434,542 | MXN | 126,772,000 | HSBC Bank USA | 8/27/2018 | 105,906 | — | ||||||||
USD | 4,182,893 | NOK | 34,250,000 | Bank of America, N.A. | 8/15/2018 | — | (29,616 | ) | |||||||
USD | 3,933,457 | NZD | 5,689,000 | JPMorgan Chase Bank N.A. | 7/3/2018 | 80,298 | — | ||||||||
USD | 3,880,368 | NZD | 5,689,000 | Standard Chartered Bank | 8/2/2018 | 27,103 | — | ||||||||
USD | 21,946 | PEN | 71,692 | Morgan Stanley Bank, N.A. | 7/19/2018 | 129 | — | ||||||||
USD | 21,856 | PEN | 71,692 | BNP Paribas SA | 9/18/2018 | 85 | — | ||||||||
USD | 175,524 | PLN | 588,000 | UBS AG | 7/6/2018 | 18,536 | — | ||||||||
USD | 26,126,590 | SEK | 226,755,000 | Bank of America, N.A. | 8/15/2018 | 728,992 | — | ||||||||
USD | 102,591 | SEK | 875,000 | Goldman Sachs Bank USA | 8/15/2018 | 4,587 | — | ||||||||
USD | 106,782 | SEK | 950,000 | Standard Chartered Bank | 8/15/2018 | 378 | — | ||||||||
USD | 6,082,906 | SGD | 8,077,491 | Bank of America, N.A. | 9/19/2018 | 144,662 | — | ||||||||
USD | 6,775,158 | TRY | 31,588,000 | Bank of America, N.A. | 7/20/2018 | — | (49,111 | ) | |||||||
USD | 7,242,050 | TWD | 212,793,166 | BNP Paribas SA | 9/19/2018 | 225,641 | — | ||||||||
USD | 169,983 | ZAR | 2,245,000 | Bank of America, N.A. | 8/8/2018 | 7,071 | — | ||||||||
USD | 183,652 | ZAR | 2,307,000 | BNP Paribas SA | 8/8/2018 | 16,244 | — | ||||||||
$4,246,615 | ($5,929,870 | ) |
WRITTEN OPTIONS
Options on exchange-traded futures contracts
Exercise | Expiration | Number of | Notional | ||||||||||||||
Name of issuer | price | date | contracts | amount | Premium | Value | |||||||||||
Calls | |||||||||||||||||
10-Year U.S. Treasury Note Futures | USD | 120.50 | Jul 2018 | 35 | 35,000 | $ | 7,756 | $ | (11,484 | ) | |||||||
Euro BOBL Futures | EUR | 133.00 | Aug 2018 | 79 | 7,900,000 | 15,517 | (14,674 | ) | |||||||||
Euro BUND Futures | EUR | 160.00 | Jul 2018 | 41 | 4,100,000 | 18,068 | (126,317 | ) | |||||||||
Euro BUND Futures | EUR | 160.50 | Jul 2018 | 11 | 1,100,000 | 4,719 | (27,980 | ) | |||||||||
$ | 46,060 | $ | (180,455 | ) | |||||||||||||
Puts | |||||||||||||||||
10-Year U.S. Treasury Note Futures | USD | 119.00 | Jul 2018 | 35 | 35,000 | 10,739 | (3,281 | ) | |||||||||
Euro BOBL Futures | EUR | 131.25 | Aug 2018 | 79 | 7,900,000 | 12,765 | (10,999 | ) | |||||||||
Euro BUND Futures | EUR | 156.50 | Jul 2018 | 11 | 1,100,000 | 4,982 | (240 | ) | |||||||||
$ | 28,486 | $ | (14,520 | ) | |||||||||||||
$ | 74,546 | $ | (194,975 | ) |
The accompanying notes are an integral part of the financial statements. | 15 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Foreign currency options
Exercise | Expiration | Notional | |||||||||||||||
Description | Counterparty (OTC) | price | date | amount* | Premium | Value | |||||||||||
Calls | |||||||||||||||||
Australian Dollar versus U.S. Dollar | HSBC Bank USA | AUD | 0.83 | Dec 2018 | 6,200,000 | $ | 80,699 | $ | (3,593 | ) | |||||||
British Pound versus U.S. Dollar | Citibank N.A. | GBP | 1.44 | Jun 2019 | 1,769,000 | 25,487 | (19,443 | ) | |||||||||
Euro versus U.S. Dollar | HSBC Bank USA | EUR | 1.27 | May 2019 | 2,800,000 | 38,673 | (28,294 | ) | |||||||||
U.S. Dollar versus Korean Won | BNP Paribas SA | USD | 1,200.00 | Oct 2018 | 1,608,000 | 6,376 | (6,099 | ) | |||||||||
$ | 151,235 | $ | (57,429 | ) | |||||||||||||
Puts | |||||||||||||||||
British Pound versus U.S. Dollar | Citibank N.A. | GBP | 1.32 | Jun 2019 | 1,751,000 | 55,583 | (53,587 | ) | |||||||||
U.S. Dollar versus Canadian Dollar | Citibank N.A. | USD | 1.31 | Aug 2018 | 2,005,000 | 15,443 | (14,881 | ) | |||||||||
$ | 71,026 | $ | (68,468 | ) | |||||||||||||
$ | 222,261 | $ | (125,897 | ) |
* For this type of option, notional amounts are equivalent to number of contracts.
Credit default swaptions
Counterparty | Buy/sell | Exercise | Expiration | Notional | ||||||||||||||||||
Description | (OTC) | Index | protection | rate | date | amount* | Premium | Value | ||||||||||||||
Calls | ||||||||||||||||||||||
5-Year Credit Default Swap | Barclays Bank PLC Wholesale | ITRAXX.O.EU29 | Buy | 0.475 | % | Sep 2018 | EUR | 13,100,000 | $ | 6,689 | $ | (106 | ) | |||||||||
$ | 6,689 | $ | (106 | ) | ||||||||||||||||||
Puts | ||||||||||||||||||||||
5-Year Credit Default Swap | Barclays Bank PLC London | CDX.O.IG30 | Sell | 0.950 | % | Jul 2018 | USD | 600,000 | 1,032 | (60 | ) | |||||||||||
5-Year Credit Default Swap | BNP Paribas SA | CDX.O.IG30 | Sell | 0.750 | % | Jul 2018 | USD | 2,700,000 | 2,565 | (1,402 | ) | |||||||||||
5-Year Credit Default Swap | Citibank N.A. | CDX.O.IG30 | Sell | 0.850 | % | Jul 2018 | USD | 1,000,000 | 1,030 | (210 | ) | |||||||||||
5-Year Credit Default Swap | Deutsche Bank Securities, Inc. | CDX.O.IG30 | Sell | 0.950 | % | Jul 2018 | USD | 800,000 | 1,330 | (80 | ) | |||||||||||
5-Year Credit Default Swap | JPMorgan Securities, Inc. | CDX.O.IG30 | Sell | 0.725 | % | Jul 2018 | USD | 800,000 | 740 | (548 | ) | |||||||||||
Merrill Lynch Pierce Fenner & | ||||||||||||||||||||||
5-Year Credit Default Swap | Smith | CDX.O.IG30 | Sell | 0.750 | % | Jul 2018 | USD | 1,400,000 | 1,820 | (727 | ) | |||||||||||
5-Year Credit Default Swap | Barclays Bank PLC Wholesale | ITRAXX.O.EU29 | Sell | 0.750 | % | Sep 2018 | EUR | 13,100,000 | 25,987 | (62,190 | ) | |||||||||||
5-Year Credit Default Swap | BNP Paribas SA | CDX.O.IG30 | Sell | 0.900 | % | Sep 2018 | USD | 1,500,000 | 1,838 | (1,695 | ) | |||||||||||
5-Year Credit Default Swap | Citibank N.A. | CDX.O.IG30 | Sell | 0.900 | % | Sep 2018 | USD | 1,100,000 | 1,568 | (1,243 | ) | |||||||||||
$ | 37,910 | $ | (68,155 | ) | ||||||||||||||||||
$ | 44,599 | $ | (68,261 | ) |
* For this type of option, notional amounts are equivalent to number of contracts.
Inflation floors
Initial | Expiration | Notional | |||||||||||||||
Description | Counterparty (OTC) | index | Exercise index | date | amount* | Premium | Value | ||||||||||
Floor- CPURNSA Index | Citibank N.A. | 217.965 | Maximum of ((1+0.0%)10 - (Final | ||||||||||||||
Index/Index Initial)) or $0 | Sep 2020 | USD | 2,000,000 | $ | 25,800 | — | |||||||||||
$ | 25,800 | — |
* For this type of option, notional amounts are equivalent to number of contracts.
SWAPS
Interest rate swaps
Unamortized | ||||||||||||||||||||||||||
Fixed | Floating | upfront | Unrealized | |||||||||||||||||||||||
Counterparty (OTC)/ | Notional | Payments | Payments | payment | payment | Maturity | payment paid | appreciation | ||||||||||||||||||
Centrally cleared | amount | Currency | made | received | frequency | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||
BNP Paribas SA | 5,938,500,000 | KRW | Fixed 2.030% | KRW CD KSDA Bloomberg | Quarterly | Quarterly | Jul 2027 | — | $ | 73,514 | $ | 73,514 | ||||||||||||||
JPMorgan Chase Bank | 6,594,300,000 | KRW | Fixed 1.993% | KRW CD KSDA Bloomberg | Quarterly | Quarterly | Jul 2027 | — | 101,331 | 101,331 | ||||||||||||||||
— | $ | 174,845 | $ | 174,845 | ||||||||||||||||||||||
Centrally cleared | 324,000,000 | USD | USD LIBOR BBA | Fixed 1.750% | At Maturity | Quarterly | Apr 2019 | $ | (266,594 | ) | (1,094,919 | ) | (1,361,513 | ) | ||||||||||||
Centrally cleared | 52,100,000 | GBP | GBP LIBOR BBA | Fixed 1.000% | At Maturity | Quarterly | Sep 2019 | 11,085 | 55,419 | 66,504 | ||||||||||||||||
Centrally cleared | 41,600,000 | GBP | GBP LIBOR BBA | Fixed 1.250% | At Maturity | Quarterly | Dec 2019 | 60,595 | 94,392 | 154,987 | ||||||||||||||||
Centrally cleared | 84,100,000 | NZD | NZD BBR FRA | Fixed 2.500% | Semi-Annual | Quarterly | Feb 2020 | 92,422 | 106,161 | 198,583 | ||||||||||||||||
Centrally cleared | 14,400,000 | USD | 1 Month LIBOR + 0.117% | 3 Month LIBOR | Quarterly | Quarterly | Mar 2020 | — | 1,924 | 1,924 | ||||||||||||||||
Centrally cleared | 324,000,000 | USD | Fixed 2.000% | USD LIBOR BBA | At Maturity | Quarterly | Apr 2020 | 182,344 | 1,288,733 | 1,471,077 | ||||||||||||||||
Centrally cleared | 68,000,000 | USD | Fixed 1.750% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2020 | 1,311,079 | 55,218 | 1,366,297 | ||||||||||||||||
Centrally cleared | 35,400,000 | CAD | CAD BA CDOR | Fixed 2.300% | Semi-Annual | Semi-Annual | Jul 2020 | (54,394 | ) | 67,053 | 12,659 | |||||||||||||||
Centrally cleared | 52,100,000 | GBP | Fixed 1.000% | GBP LIBOR BBA | At Maturity | Quarterly | Sep 2020 | 148,027 | (51,256 | ) | 96,771 | |||||||||||||||
Centrally cleared | 21,900,000 | EUR | EUR EURIBOR Reuters | Fixed 0.000% | Annual | Semi-Annual | Sep 2020 | 840 | 68,516 | 69,356 | ||||||||||||||||
Centrally cleared | 11,200,000 | GBP | GBP LIBOR BBA | Fixed 1.250% | Semi-Annual | Semi-Annual | Sep 2020 | (861 | ) | 48,486 | 47,625 |
The accompanying notes are an integral part of the financial statements. | 16 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Interest rate swaps (continued)
Unamortized | ||||||||||||||||||||||||||
Fixed | Floating | upfront | Unrealized | |||||||||||||||||||||||
Counterparty (OTC)/ | Notional | Payments | Payments | payment | payment | Maturity | payment paid | appreciation | ||||||||||||||||||
Centrally cleared | amount | Currency | made | received | frequency | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||
Centrally cleared | 41,600,000 | GBP | Fixed 1.500% | GBP LIBOR BBA | At Maturity | Quarterly | Dec 2020 | $ | (65,323 | ) | $ | (99,816 | ) | $ | (165,139 | ) | ||||||||||
Centrally cleared | 21,800,000 | BRL | BRL CDI | Fixed 8.880% | At Maturity | At Maturity | Jan 2021 | 6,504 | (30,812 | ) | (24,308 | ) | ||||||||||||||
Centrally cleared | 29,600,000 | USD | 1 Month LIBOR + 0.084% | 3 Month LIBOR | Quarterly | Quarterly | Apr 2022 | — | (5,950 | ) | (5,950 | ) | ||||||||||||||
Centrally cleared | 7,000,000 | USD | 1 Month LIBOR + 0.084% | 3 Month LIBOR | Quarterly | Quarterly | Jun 2022 | — | 7,194 | 7,194 | ||||||||||||||||
Centrally cleared | 4,900,000 | USD | 1 Month LIBOR + 0.070% | 3 Month LIBOR | Quarterly | Quarterly | Jun 2022 | — | 7,647 | 7,647 | ||||||||||||||||
Centrally cleared | 25,500,000 | USD | 1 Month LIBOR + 0.085% | 3 Month LIBOR | Quarterly | Quarterly | Jun 2022 | (1,518 | ) | 24,618 | 23,100 | |||||||||||||||
Centrally cleared | 31,600,000 | MXN | MXN TIIE Banxico | Fixed 5.825% | Monthly | Monthly | Jan 2023 | (131,957 | ) | 2,649 | (129,308 | ) | ||||||||||||||
Centrally cleared | 16,300,000 | USD | 1 Month LIBOR + 0.073% | 3 Month LIBOR | Quarterly | Quarterly | Apr 2023 | — | (2,194 | ) | (2,194 | ) | ||||||||||||||
Centrally cleared | 15,200,000 | USD | Fixed 2.000% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2023 | 71,679 | 555,143 | 626,822 | ||||||||||||||||
Centrally cleared | 165,700,000 | ZAR | ZAR JIBAR SAFEX | Fixed 7.250% | Quarterly | Quarterly | Jun 2023 | 32,079 | (300,262 | ) | (268,183 | ) | ||||||||||||||
Centrally cleared | 39,100,000 | USD | Fixed 2.000% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2023 | 1,524,623 | 88,241 | 1,612,864 | ||||||||||||||||
Centrally cleared | 7,500,000 | GBP | Fixed 1.500% | GBP LIBOR BBA | Semi-Annual | Semi-Annual | Sep 2023 | (1,565 | ) | (72,491 | ) | (74,056 | ) | |||||||||||||
Centrally cleared | 37,800,000 | EUR | EUR EURIBOR Reuters | Fixed 0.500% | Annual | Semi-Annual | Sep 2023 | (215,863 | ) | 623,354 | 407,491 | |||||||||||||||
Centrally cleared | 21,700,000 | EUR | EUR EURIBOR Reuters | Fixed 0.500% | Annual | Semi-Annual | Dec 2023 | (73,869 | ) | 223,578 | 149,709 | |||||||||||||||
Centrally cleared | 54,200,000 | USD | Fixed 1.750% | USD LIBOR BBA | Semi-Annual | Quarterly | Dec 2023 | 1,093,401 | 2,053,688 | 3,147,089 | ||||||||||||||||
Centrally cleared | 4,340,000,000 | JPY | JPY LIBOR BBA | Fixed 0.100% | Semi-Annual | Semi-Annual | Mar 2024 | (128,602 | ) | 33,496 | (95,106 | ) | ||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,200,000 | USD | Fixed 2.696% | OIS COMPOUND | Annual | Annual | Apr 2025 | — | (13,162 | ) | (13,162 | ) | ||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 3,700,000 | USD | Fixed 2.683% | OIS COMPOUND | Annual | Annual | Apr 2025 | 1,566 | (39,121 | ) | (37,555 | ) | ||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,300,000 | USD | Fixed 2.710% | OIS COMPOUND | Annual | Annual | Apr 2025 | — | (15,405 | ) | (15,405 | ) | ||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 2,400,000 | USD | Fixed 2.714% | OIS COMPOUND | Annual | Annual | Apr 2025 | (37 | ) | (29,017 | ) | (29,054 | ) | |||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,200,000 | USD | Fixed 2.684% | OIS COMPOUND | Annual | Annual | Apr 2025 | (38 | ) | (12,226 | ) | (12,264 | ) | |||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,200,000 | USD | Fixed 2.673% | OIS COMPOUND | Annual | Annual | Apr 2025 | — | (11,434 | ) | (11,434 | ) | ||||||||||||||
Centrally cleared | 5,900,000 | CAD | Fixed 1.850% | CAD BA CDOR | Semi-Annual | Semi-Annual | Sep 2027 | 305,981 | (45,008 | ) | 260,973 | |||||||||||||||
Centrally cleared | 320,000,000 | JPY | Fixed 0.300% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Sep 2027 | 4,651 | (18,112 | ) | (13,461 | ) | ||||||||||||||
Centrally cleared | 15,400,000 | USD | USD LIBOR BBA | Fixed 2.500% | Semi-Annual | Quarterly | Dec 2027 | 205,046 | (790,385 | ) | (585,339 | ) | ||||||||||||||
Centrally cleared | 650,000,000 | JPY | Fixed 0.300% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Mar 2028 | 43,541 | (60,378 | ) | (16,837 | ) | ||||||||||||||
Centrally cleared | 140,000,000 | JPY | Fixed 0.399% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Jun 2028 | (133 | ) | (13,948 | ) | (14,081 | ) | |||||||||||||
Centrally cleared | 500,000 | GBP | Fixed 1.500% | GBP LIBOR BBA | Semi-Annual | Semi-Annual | Sep 2028 | 3,698 | (591 | ) | 3,107 | |||||||||||||||
Centrally cleared | 30,650,000 | EUR | EUR EURIBOR Reuters | Fixed 1.250% | Annual | Semi-Annual | Sep 2028 | 477,159 | 697,383 | 1,174,542 | ||||||||||||||||
Centrally cleared | 25,600,000 | EUR | EUR EURIBOR Reuters | Fixed 1.250% | Annual | Semi-Annual | Dec 2028 | 436,640 | 384,490 | 821,130 | ||||||||||||||||
Centrally cleared | 3,441,000,000 | JPY | Fixed 0.450% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Mar 2029 | (225,011 | ) | (107,098 | ) | (332,109 | ) | |||||||||||||
Centrally cleared | 1,030,000,000 | JPY | JPY LIBOR BBA | Fixed 1.500% | Semi-Annual | Semi-Annual | Jun 2033 | 242,632 | 1,149,477 | 1,392,109 | ||||||||||||||||
Centrally cleared | 10,000,000 | JPY | Fixed 1.500% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Dec 2044 | (3,203 | ) | (12,888 | ) | (16,091 | ) | |||||||||||||
Centrally cleared | 560,000,000 | JPY | Fixed 1.500% | JPY LIBOR BBA | Semi-Annual | Semi-Annual | Dec 2045 | (1,615,356 | ) | 665,091 | (950,265 | ) | ||||||||||||||
Centrally cleared | 1,600,000 | USD | Fixed 2.250% | USD LIBOR BBA | Semi-Annual | Quarterly | Dec 2046 | (142,279 | ) | 377,943 | 235,664 | |||||||||||||||
Centrally cleared | 9,400,000 | USD | Fixed 2.750% | USD LIBOR BBA | Semi-Annual | Quarterly | Dec 2047 | (359,920 | ) | 802,715 | 442,795 | |||||||||||||||
Centrally cleared | 4,300,000 | USD | Fixed 2.500% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2048 | 470,328 | (43,318 | ) | 427,010 | |||||||||||||||
Centrally cleared | 1,800,000 | EUR | Fixed 1.500% | EUR EURIBOR Reuters | Annual | Semi-Annual | Sep 2048 | 50,604 | (69,277 | ) | (18,673 | ) | ||||||||||||||
Centrally cleared | 2,400,000 | GBP | Fixed 1.750% | GBP LIBOR BBA | Semi-Annual | Semi-Annual | Sep 2048 | (126,171 | ) | 29,812 | (96,359 | ) | ||||||||||||||
Centrally cleared | 1,950,000 | GBP | Fixed 1.750% | GBP LIBOR BBA | Semi-Annual | Semi-Annual | Sep 2048 | (95,277 | ) | 16,985 | (78,292 | ) | ||||||||||||||
Centrally cleared | 15,400,000 | EUR | Fixed 1.500% | EUR EURIBOR Reuters | Annual | Semi-Annual | Sep 2048 | 296,256 | (456,013 | ) | (159,757 | ) | ||||||||||||||
Centrally cleared | 4,300,000 | USD | Fixed 2.955% | USD LIBOR BBA | Semi-Annual | Quarterly | Nov 2049 | — | 31,082 | 31,082 | ||||||||||||||||
Centrally cleared | 1,200,000 | USD | Fixed 2.953% | USD LIBOR BBA | Semi-Annual | Quarterly | Nov 2049 | — | 9,277 | 9,277 | ||||||||||||||||
$ | 3,564,809 | $ | 6,174,684 | $ | 9,739,493 | |||||||||||||||||||||
$ | 3,564,809 | $ | 6,349,529 | $ | 9,914,338 |
Credit default swaps - Buyer
Unamortized | ||||||||||||||||||||||||||||
upfront | ||||||||||||||||||||||||||||
USD | Pay | Fixed | payment | Unrealized | ||||||||||||||||||||||||
Counterparty (OTC)/ | Reference | Notional | notional | fixed | payment | Maturity | paid | appreciation | ||||||||||||||||||||
Centrally cleared | obligation | amount | Currency | amount | rate | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||||
Bank of America N.A. | Government of Japan | 300,000 | USD | $ | 300,000 | 1.000 | % | Quarterly | Jun 2022 | $ | (8,340 | ) | $ | (1,244 | ) | $ | (9,584 | ) | ||||||||||
People’s Republic of | ||||||||||||||||||||||||||||
Barclays Bank PLC | China | 900,000 | USD | 900,000 | 1.000 | % | Quarterly | Jun 2023 | (17,128 | ) | 3,752 | (13,376 | ) | |||||||||||||||
Barclays Bank PLC | Republic of Korea | 600,000 | USD | 600,000 | 1.000 | % | Quarterly | Jun 2023 | (14,088 | ) | 7 | (14,081 | ) | |||||||||||||||
Barclays Capital | Government of Japan | 1,500,000 | USD | 1,500,000 | 1.000 | % | Quarterly | Jun 2022 | (42,071 | ) | (5,848 | ) | (47,919 | ) | ||||||||||||||
BNP Paribas SA | Credit Suisse Group, Ltd. | 2,700,000 | EUR | 2,933,686 | 1.000 | % | Quarterly | Jun 2022 | 34,155 | (51,652 | ) | (17,497 | ) |
The accompanying notes are an integral part of the financial statements. | 17 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Credit default swaps - Buyer (continued)
Unamortized | ||||||||||||||||||||||||||||
upfront | ||||||||||||||||||||||||||||
USD | Pay | Fixed | payment | Unrealized | ||||||||||||||||||||||||
Counterparty (OTC)/ | Reference | Notional | notional | fixed | payment | Maturity | paid | appreciation | ||||||||||||||||||||
Centrally cleared | obligation | amount | Currency | amount | rate | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||||
BNP Paribas SA | Commerzbank AG | 1,200,000 | EUR | 1,307,340 | 1.000 | % | Quarterly | Jun 2022 | $ | 49,410 | $ | 2,199 | $ | 51,609 | ||||||||||||||
BNP Paribas SA | Government of Japan | 2,300,000 | USD | 2,300,000 | 1.000 | % | Quarterly | Jun 2022 | (65,025 | ) | (8,451 | ) | (73,476 | ) | ||||||||||||||
BNP Paribas SA | Republic of Korea | 1,900,000 | USD | 1,900,000 | 1.000 | % | Quarterly | Jun 2023 | (46,597 | ) | 1,874 | (44,723 | ) | |||||||||||||||
Citibank N.A | Government of Japan | 600,000 | USD | 600,000 | 1.000 | % | Quarterly | Jun 2022 | (16,749 | ) | (2,419 | ) | (19,168 | ) | ||||||||||||||
Goldman Sachs | ||||||||||||||||||||||||||||
International | Government of Japan | 1,500,000 | USD | 1,500,000 | 1.000 | % | Quarterly | Jun 2022 | (42,136 | ) | (5,783 | ) | (47,919 | ) | ||||||||||||||
Goldman Sachs | People’s Republic of | |||||||||||||||||||||||||||
International | China | 1,700,000 | USD | 1,700,000 | 1.000 | % | Quarterly | Jun 2023 | (32,750 | ) | 7,483 | (25,267 | ) | |||||||||||||||
HSBC | Government of Japan | 1,900,000 | USD | 1,900,000 | 1.000 | % | Quarterly | Jun 2022 | (52,710 | ) | (7,988 | ) | (60,698 | ) | ||||||||||||||
HSBC | Republic of Korea | 900,000 | USD | 900,000 | 1.000 | % | Quarterly | Jun 2023 | (22,401 | ) | 1,205 | (21,196 | ) | |||||||||||||||
JPMorgan Chase Bank | ||||||||||||||||||||||||||||
N.A. | Republic of Korea | 1,100,000 | USD | 1,100,000 | 1.000 | % | Quarterly | Jun 2023 | (26,346 | ) | 531 | (25,815 | ) | |||||||||||||||
$ | 19,441,026 | $ | (302,776 | ) | $ | (66,334 | ) | $ | (369,110 | ) | ||||||||||||||||||
Centrally cleared | Pfizer, Inc. | 1,000,000 | USD | 1,000,000 | 1.000 | % | Quarterly | Dec 2020 | (17,602 | ) | (2,343 | ) | (19,945 | ) | ||||||||||||||
Centrally cleared | Altria Group, Inc. | 1,500,000 | USD | 1,500,000 | 1.000 | % | Quarterly | Dec 2020 | (26,281 | ) | (3,174 | ) | (29,455 | ) | ||||||||||||||
Centrally cleared | UnitedHealth Group, Inc. | 1,100,000 | USD | 1,100,000 | 1.000 | % | Quarterly | Dec 2020 | (18,355 | ) | (3,778 | ) | (22,133 | ) | ||||||||||||||
Centrally cleared | Reynolds American, Inc. | 1,600,000 | USD | 1,600,000 | 1.000 | % | Quarterly | Dec 2020 | (28,785 | ) | (1,735 | ) | (30,520 | ) | ||||||||||||||
Centrally cleared | Koninklijke DSM NV | 1,000,000 | EUR | 1,072,765 | 1.000 | % | Quarterly | Dec 2020 | (18,542 | ) | (6,189 | ) | (24,731 | ) | ||||||||||||||
Centrally cleared | Bayer AG | 200,000 | EUR | 213,640 | 1.000 | % | Quarterly | Dec 2020 | (2,618 | ) | (1,969 | ) | (4,587 | ) | ||||||||||||||
Centrally cleared | United Utilities PLC | 200,000 | EUR | 216,950 | 1.000 | % | Quarterly | Dec 2020 | (2,164 | ) | (1,463 | ) | (3,627 | ) | ||||||||||||||
Centrally cleared | Fortum OYJ | 200,000 | EUR | 212,510 | 1.000 | % | Quarterly | Dec 2020 | (2,088 | ) | (2,291 | ) | (4,379 | ) | ||||||||||||||
Centrally cleared | Telia Company AB | 300,000 | EUR | 318,225 | 1.000 | % | Quarterly | Dec 2020 | (4,258 | ) | (2,614 | ) | (6,872 | ) | ||||||||||||||
Centrally cleared | BASF SE | 400,000 | EUR | 425,960 | 1.000 | % | Quarterly | Dec 2020 | (6,723 | ) | (2,932 | ) | (9,655 | ) | ||||||||||||||
ITRAXX Europe | ||||||||||||||||||||||||||||
Centrally cleared | Series 28 Version 1 | 16,000,000 | EUR | 19,799,211 | 1.000 | % | Quarterly | Dec 2022 | (472,799 | ) | 125,891 | (346,908 | ) | |||||||||||||||
Centrally cleared | CDX.NA.IG.29 | 20,000,000 | USD | 20,000,000 | 1.000 | % | Quarterly | Dec 2022 | (368,083 | ) | 23,070 | (345,013 | ) | |||||||||||||||
$ | 47,459,261 | $ | (968,298 | ) | $ | 120,473 | $ | (847,825 | ) | |||||||||||||||||||
$ | 66,900,287 | $ | (1,271,074 | ) | $ | 54,139 | $ | (1,216,935 | ) |
Credit default swaps - Seller
Unamortized | |||||||||||||||||||||||||||||||
Implied | USD | Fixed | upfront | Unrealized | |||||||||||||||||||||||||||
Counterparty (OTC)/ | Reference | credit | Notional | notional | Received | payment | Maturity | payment paid | appreciation | ||||||||||||||||||||||
Centrally cleared | obligation | spread | amount | Currency | amount | fixed rate | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||||||
JPMorgan Chase Bank N.A. | A.P. Moller - Maersk A/S | 0.852 | % | 1,300,000 | EUR | $ | 1,534,064 | 1.000 | % | Quarterly | Jun 2022 | $ | (5,891 | ) | $ | 15,282 | $ | 9,391 | |||||||||||||
$ | 1,534,064 | $ | (5,891 | ) | $ | 15,282 | $ | 9,391 | |||||||||||||||||||||||
Centrally cleared | Daimler AG | 0.335 | % | 200,000 | EUR | 245,260 | 1.000 | % | Quarterly | Dec 2020 | 2,943 | 79 | 3,022 | ||||||||||||||||||
Centrally cleared | Exelon Generation Company LLC | 0.669 | % | 1,500,000 | USD | 1,500,000 | 1.000 | % | Quarterly | Jun 2022 | (31,355 | ) | 50,457 | 19,102 | |||||||||||||||||
Centrally cleared | CDX.EM.29 | 1.720 | % | 1,100,000 | USD | 1,100,000 | 1.000 | % | Quarterly | Jun 2023 | (19,694 | ) | (24,135 | ) | (43,829 | ) | |||||||||||||||
Centrally cleared | Tesco PLC | 1.566 | % | 1,000,000 | EUR | 1,223,300 | 1.000 | % | Quarterly | Jun 2025 | (32,247 | ) | (11,613 | ) | (43,860 | ) | |||||||||||||||
Centrally cleared | Royal Dutch Shell PLC | 0.671 | % | 700,000 | EUR | 738,745 | 1.000 | % | Quarterly | Dec 2026 | (17,110 | ) | 34,741 | 17,631 | |||||||||||||||||
$ | 4,807,305 | $ | (97,463 | ) | $ | 49,529 | $ | (47,934 | ) | ||||||||||||||||||||||
$ | 6,341,369 | $ | (103,354 | ) | $ | 64,811 | $ | (38,543 | ) |
Currency swaps
Notional | Notional | Unamortized | |||||||||||||||||||
amount of | amount of | upfront | Unrealized | ||||||||||||||||||
Payment | Maturity | currency | currency | payment | appreciation | ||||||||||||||||
Counterparty (OTC) | Receive | Pay | frequency | date | received | delivered | paid | (depreciation) | Value | ||||||||||||
BNP Paribas SA | Floating rate equal to 3 | Floating rate equal to 3 | |||||||||||||||||||
month AUD BBSW plus | month USD LIBOR | ||||||||||||||||||||
0.362% based on the | based on the notional | ||||||||||||||||||||
notional amount of | amount of currency | ||||||||||||||||||||
currency received | delivered | Quarterly | Sep 2027 | AUD | 3,100,000 | 2,457,370 | $11,160 | $(176,082) | $(164,922) | ||||||||||||
BNP Paribas SA | Floating rate equal to 3 | Floating rate equal to 3 | |||||||||||||||||||
month AUD BBSW plus | month USD LIBOR | ||||||||||||||||||||
0.368% based on the | based on the notional | ||||||||||||||||||||
notional amount of | amount of currency | ||||||||||||||||||||
currency received | delivered | Quarterly | Oct 2027 | AUD | 1,900,000 | 1,496,630 | (4,750 | ) | (86,534) | (91,284) |
The accompanying notes are an integral part of the financial statements. | 18 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Global Bond Trust (continued)
Currency swaps (continued)
Notional | Notional | Unamortized | |||||||||||||||||||||||
amount of | amount of | upfront | Unrealized | ||||||||||||||||||||||
Payment | Maturity | currency | currency | payment | appreciation | ||||||||||||||||||||
Counterparty (OTC) | Receive | Pay | frequency | date | received | delivered | paid | (depreciation) | Value | ||||||||||||||||
Deutsche Bank AG | Floating rate equal to 3 | Floating rate equal to 3 | |||||||||||||||||||||||
month GBP LIBOR less | month USD LIBOR | ||||||||||||||||||||||||
0.055% based on the | based on the notional | ||||||||||||||||||||||||
notional amount of | amount of currency | ||||||||||||||||||||||||
currency received | delivered | Quarterly | Oct 2026 | GBP | 800,000 | 976,000 | $ | 3,639 | $ | 64,289 | $ | 67,928 | |||||||||||||
Morgan Stanley Capital Services | Floating rate equal to 3 | Floating rate equal to 3 | |||||||||||||||||||||||
month AUD BBSW plus | month USD LIBOR | ||||||||||||||||||||||||
0.368% based on the | based on the notional | ||||||||||||||||||||||||
notional amount of | amount of currency | ||||||||||||||||||||||||
currency received | delivered | Quarterly | Oct 2027 | AUD | 674,000 | 527,135 | 2,157 | (30,766 | ) | (28,609 | ) | ||||||||||||||
Royal Bank of Scotland PLC | Floating rate equal to 3 | Floating rate equal to 3 | |||||||||||||||||||||||
month GBP LIBOR less | month USD LIBOR | ||||||||||||||||||||||||
0.055% based on the | based on the notional | ||||||||||||||||||||||||
notional amount of | amount of currency | ||||||||||||||||||||||||
currency received | delivered | Quarterly | Oct 2026 | GBP | 1,500,000 | 1,830,300 | 44,025 | 83,041 | 127,066 | ||||||||||||||||
$ | 56,231 | $ | (146,052 | ) | $ | (89,821 | ) |
Derivatives Currency Abbreviations
AUD | Australian Dollar | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
CHF | Swiss Franc | |
COP | Colombian Peso | |
CZK | Czech Republic Koruna | |
DKK | Danish Krone | |
EUR | Euro | |
GBP | Pound Sterling | |
HUF | Hungarian Forint | |
IDR | Indonesian Rupiah | |
ILS | Israeli New Shekel | |
INR | Indian Rupee | |
JPY | Japanese Yen | |
KRW | Korean Won | |
MXN | Mexican Peso | |
MYR | Malaysian Ringgit | |
NOK | Norwegian Krone | |
NZD | New Zealand Dollar | |
PEN | Peruvian Nuevo Sol | |
PLN | Polish Zloty | |
RON | Romanian New Leu | |
SEK | Swedish Krona | |
SGD | Singapore Dollar | |
THB | Thai Bhat | |
TRY | Turkish Lira | |
TWD | New Taiwan Dollar | |
USD | U.S. Dollar | |
ZAR | South African Rand |
Derivatives Abbreviations
BBA | The British Banker’s Association | |
BBR | Bank Bill Rate | |
BBSW | Bank Bill Swap Rate | |
CDOR | Canadian Dollar Offered Rate | |
EURIBOR | Euro Interbank Offered Rate | |
JIBAR | Johannesburg Interbank Agreed Rate | |
KSDA | Korea Securities Dealers Association | |
LIBOR | London Interbank Offered Rate | |
TIIE | Tasa de Interes Interbancario de Equilibrio (Interbank Equilibrium Interest Rate) |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
The accompanying notes are an integral part of the financial statements. | 19 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
High Yield Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 1.3% | |||||||||||
Argentina - 0.7% | $ | 1,622,337 | 0.7 | % | |||||||
Brazil - 0.3% | 585,368 | 0.3 | % | ||||||||
Ecuador - 0.2% | 368,588 | 0.2 | % | ||||||||
Indonesia - 0.0% | 5,151 | 0.0 | % | ||||||||
Mexico - 0.1% | 287,666 | 0.1 | % | ||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $3,538,476) | $ | 2,869,110 | |||||||||
CORPORATE BONDS - 83.1% | |||||||||||
Consumer discretionary - 20.6% | |||||||||||
Altice France SA | |||||||||||
7.375%, 05/01/2026 (A) | $ | 2,630,000 | 2,571,351 | 1.2 | % | ||||||
CCO Holdings LLC | |||||||||||
5.125%, 05/01/2027 (A) | 1,110,000 | 1,036,463 | 0.5 | % | |||||||
Century Communities, Inc. | |||||||||||
5.875%, 07/15/2025 | 1,040,000 | 982,800 | 0.4 | % | |||||||
Charter Communications | |||||||||||
Operating LLC | |||||||||||
4.908%, 07/23/2025 | 1,850,000 | 1,867,748 | 0.8 | % | |||||||
DISH DBS Corp. | |||||||||||
5.875%, 11/15/2024 | 2,030,000 | 1,717,888 | 0.8 | % | |||||||
DISH DBS Corp. | |||||||||||
7.750%, 07/01/2026 | 2,250,000 | 1,971,563 | 0.9 | % | |||||||
Lions Gate Capital | |||||||||||
Holdings LLC | |||||||||||
5.875%, 11/01/2024 (A) | 1,010,000 | 1,022,312 | 0.5 | % | |||||||
Scientific Games | |||||||||||
International, Inc. | |||||||||||
10.000%, 12/01/2022 | 1,950,000 | 2,076,750 | 0.9 | % | |||||||
Viking Cruises, Ltd. | |||||||||||
5.875%, 09/15/2027 (A) | 1,225,000 | 1,157,625 | 0.5 | % | |||||||
Virgin Media Secured | |||||||||||
Finance PLC | |||||||||||
5.500%, 08/15/2026 (A) | 1,480,000 | 1,385,428 | 0.6 | % | |||||||
OTHER SECURITIES | 30,217,314 | 13.5 | % | ||||||||
46,007,242 | |||||||||||
Consumer staples - 2.2% | 4,894,305 | 2.2 | % | ||||||||
Energy - 14.4% | |||||||||||
MEG Energy Corp. | |||||||||||
7.000%, 03/31/2024 (A) | 1,750,000 | 1,634,063 | 0.7 | % | |||||||
NGL Energy Partners LP | |||||||||||
7.500%, 11/01/2023 | 900,000 | 909,000 | 0.4 | % | |||||||
The Williams | |||||||||||
Companies, Inc. | |||||||||||
7.500%, 01/15/2031 | 880,000 | 1,046,628 | 0.5 | % | |||||||
Trinidad Drilling, Ltd. | |||||||||||
6.625%, 02/15/2025 (A) | 930,000 | 895,125 | 0.4 | % | |||||||
WPX Energy, Inc. | |||||||||||
8.250%, 08/01/2023 | 870,000 | 985,275 | 0.4 | % | |||||||
OTHER SECURITIES | 26,679,671 | 12.0 | % | ||||||||
32,149,762 | |||||||||||
Financials - 7.3% | |||||||||||
Citigroup, Inc. (6.300% to | |||||||||||
5-15-24, then 3 month | |||||||||||
LIBOR + 3.423%) | |||||||||||
05/15/2024 (B) | 1,060,000 | 1,075,805 | 0.5 | % | |||||||
Quicken Loans, Inc. | |||||||||||
5.250%, 01/15/2028 (A) | 1,300,000 | 1,198,990 | 0.5 | % | |||||||
OTHER SECURITIES | 14,139,430 | 6.3 | % | ||||||||
16,414,225 | |||||||||||
Health care - 7.9% | |||||||||||
DJO Finance LLC | |||||||||||
8.125%, 06/15/2021 (A) | 1,180,000 | 1,194,396 | 0.5 | % |
High Yield Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Health care (continued) | |||||||||||
HCA, Inc. | |||||||||||
5.500%, 06/15/2047 | $ | 1,920,000 | $ | 1,761,600 | 0.8 | % | |||||
Tenet Healthcare Corp. | |||||||||||
7.500%, 01/01/2022 (A) | 1,220,000 | 1,268,800 | 0.6 | % | |||||||
Tenet Healthcare Corp. | |||||||||||
8.125%, 04/01/2022 | 1,080,000 | 1,127,250 | 0.5 | % | |||||||
Valeant Pharmaceuticals | |||||||||||
International, Inc. | |||||||||||
5.500%, 03/01/2023 (A) | 1,050,000 | 976,500 | 0.4 | % | |||||||
Valeant Pharmaceuticals | |||||||||||
International, Inc. | |||||||||||
7.000%, 03/15/2024 (A) | 1,090,000 | 1,140,075 | 0.5 | % | |||||||
Valeant Pharmaceuticals | |||||||||||
International, Inc. | |||||||||||
9.250%, 04/01/2026 (A) | 1,610,000 | 1,672,388 | 0.8 | % | |||||||
OTHER SECURITIES | 8,474,935 | 3.8 | % | ||||||||
17,615,944 | |||||||||||
Industrials - 8.5% | |||||||||||
Allison Transmission, Inc. | |||||||||||
4.750%, 10/01/2027 (A) | 960,000 | 895,200 | 0.4 | % | |||||||
United Rentals North | |||||||||||
America, Inc. | |||||||||||
4.875%, 01/15/2028 | 980,000 | 910,175 | 0.4 | % | |||||||
OTHER SECURITIES | 17,131,932 | 7.7 | % | ||||||||
18,937,307 | |||||||||||
Information technology - 2.5% | |||||||||||
Alliance Data Systems Corp. | |||||||||||
5.375%, 08/01/2022 (A) | 880,000 | 884,290 | 0.4 | % | |||||||
OTHER SECURITIES | 4,721,434 | 2.1 | % | ||||||||
5,605,724 | |||||||||||
Materials - 8.9% | |||||||||||
Alcoa Nederland Holding BV | |||||||||||
6.125%, 05/15/2028 (A)(C) | 1,080,000 | 1,086,750 | 0.5 | % | |||||||
Alcoa Nederland Holding BV | |||||||||||
7.000%, 09/30/2026 (A) | 830,000 | 879,800 | 0.4 | % | |||||||
Ardagh Packaging Finance | |||||||||||
PLC | |||||||||||
6.000%, 02/15/2025 (A) | 1,070,000 | 1,041,913 | 0.5 | % | |||||||
First Quantum Minerals, Ltd. | |||||||||||
7.500%, 04/01/2025 (A) | 1,040,000 | 1,026,376 | 0.5 | % | |||||||
Freeport-McMoRan, Inc. | |||||||||||
5.450%, 03/15/2043 | 2,030,000 | 1,780,716 | 0.8 | % | |||||||
Hudbay Minerals, Inc. | |||||||||||
7.625%, 01/15/2025 (A) | 890,000 | 932,275 | 0.4 | % | |||||||
Pactiv LLC | |||||||||||
8.375%, 04/15/2027 | 1,510,000 | 1,676,100 | 0.7 | % | |||||||
OTHER SECURITIES | 11,371,001 | 5.1 | % | ||||||||
19,794,931 | |||||||||||
Real estate - 2.8% | |||||||||||
Five Point Operating | |||||||||||
Company LP | |||||||||||
7.875%, 11/15/2025 (A) | 1,020,000 | 1,039,125 | 0.5 | % | |||||||
OTHER SECURITIES | 5,152,239 | 2.3 | % | ||||||||
6,191,364 | |||||||||||
Telecommunication | |||||||||||
services - 6.7% | |||||||||||
Cogent Communications | |||||||||||
Group, Inc. | |||||||||||
5.375%, 03/01/2022 (A) | 1,130,000 | 1,158,250 | 0.5 | % | |||||||
Sprint Capital Corp. | |||||||||||
8.750%, 03/15/2032 | 1,230,000 | 1,316,100 | 0.6 | % |
The accompanying notes are an integral part of the financial statements. | 20 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
High Yield Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Telecommunication | |||||||||||
services (continued) | |||||||||||
Sprint Corp. | |||||||||||
7.250%, 09/15/2021 | $ | 1,850,000 | $ | 1,924,000 | 0.9 | % | |||||
Sprint Corp. | |||||||||||
7.875%, 09/15/2023 | 2,450,000 | 2,540,344 | 1.1 | % | |||||||
Telecom Italia SpA | |||||||||||
5.303%, 05/30/2024 (A) | 1,200,000 | 1,183,500 | 0.5 | % | |||||||
T-Mobile USA, Inc. | |||||||||||
6.500%, 01/15/2026 | 1,160,000 | 1,194,452 | 0.5 | % | |||||||
OTHER SECURITIES | 5,702,455 | 2.6 | % | ||||||||
15,019,101 | |||||||||||
Utilities - 1.3% | |||||||||||
Red Oak Power LLC | |||||||||||
9.200%, 11/30/2029 | 1,030,000 | 1,176,775 | 0.5 | % | |||||||
OTHER SECURITIES | 1,756,243 | 0.8 | % | ||||||||
2,933,018 | |||||||||||
TOTAL CORPORATE BONDS (Cost | |||||||||||
$191,599,148) | $ | 185,562,923 | |||||||||
CONVERTIBLE BONDS - 1.7% | |||||||||||
Consumer | |||||||||||
discretionary - 0.8% | 1,917,606 | 0.8 | % | ||||||||
Energy - 0.2% | 375,072 | 0.2 | % | ||||||||
Health care - 0.4% | |||||||||||
Jazz Investments I, Ltd. | |||||||||||
1.500%, 08/15/2024 (A)(C) | 920,000 | 958,489 | 0.4 | % | |||||||
Information | |||||||||||
technology - 0.3% | 620,880 | 0.3 | % | ||||||||
TOTAL CONVERTIBLE BONDS (Cost | |||||||||||
$3,842,831) | $ | 3,872,047 | |||||||||
CAPITAL PREFERRED | |||||||||||
SECURITIES - 0.4% | |||||||||||
Financials - 0.4% | |||||||||||
ILFC E-Capital Trust I | |||||||||||
(1.550% + highest of 3 | |||||||||||
month LIBOR, 10 Year | |||||||||||
CMT, and 30 Year CMT) | |||||||||||
4.570%, 12/21/2065 (A)(D) | 1,000,000 | 935,000 | 0.4 | % | |||||||
TOTAL CAPITAL PREFERRED SECURITIES | |||||||||||
(Cost $840,839) | $ | 935,000 | |||||||||
TERM LOANS (E) - 3.2% | |||||||||||
Consumer | |||||||||||
discretionary - 1.3% | 2,939,731 | 1.3 | % | ||||||||
Energy - 0.9% | 2,062,754 | 0.9 | % | ||||||||
Health care - 0.7% | 1,583,883 | 0.7 | % | ||||||||
Industrials - 0.3% | 532,403 | 0.3 | % | ||||||||
TOTAL TERM LOANS (Cost $7,655,609) | $ | 7,118,771 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 0.3% | |||||||||||
Commercial and | |||||||||||
residential - 0.3% | 653,933 | 0.3 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $693,710) | $ | 653,933 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 4.0% | 9,040,092 | 4.0 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $8,828,825) | $ | 9,040,092 |
High Yield Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
COMMON STOCKS - 2.0% | |||||||||||
Consumer | |||||||||||
discretionary - 0.5% | |||||||||||
Bossier Casino Venture | |||||||||||
Holdco, Inc. (A)(F)(G) | 43,365 | $ | 991,324 | 0.4 | % | ||||||
OTHER SECURITIES | 189,090 | 0.1 | % | ||||||||
1,180,414 | |||||||||||
Energy - 1.4% | |||||||||||
Berry Petroleum Corp. (G) | 88,259 | 1,048,076 | 0.5 | % | |||||||
KCAD Holdings | |||||||||||
I, Ltd. (F)(G) | 165,553,563 | 960,211 | 0.4 | % | |||||||
OTHER SECURITIES | 1,046,233 | 0.5 | % | ||||||||
3,054,520 | |||||||||||
Industrials - 0.1% | 167,563 | 0.1 | % | ||||||||
TOTAL COMMON STOCKS (Cost $10,251,332) | $ | 4,402,497 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 1.4% | |||||||||||
Energy - 0.7% | |||||||||||
Berry Petroleum | |||||||||||
Company LLC (G) | 100,609 | 1,383,374 | 0.6 | % | |||||||
OTHER SECURITIES | 177,694 | 0.1 | % | ||||||||
1,561,068 | |||||||||||
Financials - 0.6% | |||||||||||
GMAC Capital Trust I (3 | |||||||||||
month LIBOR + 5.785%), | |||||||||||
8.128% (D) | 51,072 | 1,343,194 | 0.6 | % | |||||||
Industrials - 0.1% | 209,989 | 0.1 | % | ||||||||
Materials - 0.0% | 19,718 | 0.0 | % | ||||||||
TOTAL PREFERRED SECURITIES (Cost | |||||||||||
$3,988,072) | $ | 3,133,969 | |||||||||
ESCROW | |||||||||||
CERTIFICATES - 0.0% | |||||||||||
Consumer | |||||||||||
discretionary - 0.0% | 0 | 0.0 | % | ||||||||
Health care - 0.0% | 500 | 0.0 | % | ||||||||
TOTAL ESCROW CERTIFICATES (Cost | |||||||||||
$435,127) | $ | 500 | |||||||||
SECURITIES LENDING COLLATERAL - 4.2% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (H)(I) | 933,315 | 9,336,509 | 4.2 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $9,337,014) | $ | 9,336,509 | |||||||||
SHORT-TERM INVESTMENTS - 1.1% | |||||||||||
Money market funds - 1.1% | |||||||||||
State Street Institutional | |||||||||||
Treasury Plus Money | |||||||||||
Market Fund, Premier | |||||||||||
Class, 1.7904% (H) | 2,475,697 | 2,475,697 | 1.1 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$2,475,697) | $ | 2,475,697 | |||||||||
Total Investments (High Yield Trust) (Cost | |||||||||||
$243,486,680) - 102.7% | $ | 229,401,048 | 102.7 | % | |||||||
Other assets and liabilities, net - (2.7)% | (6,023,450 | ) | (2.7 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 223,377,598 | 100.0 | % |
Security Abbreviations and Legend
CMT | Constant Maturity Treasury |
LIBOR | London Interbank Offered Rate |
The accompanying notes are an integral part of the financial statements. | 21 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
High Yield Trust (continued)
(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 $112,271,472 or 50.3% of the fund’s net assets as of 6-30-18. |
(B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(C) | A portion of this security is on loan as of 6-30-18. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
High Yield Trust (continued)
(E) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(F) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(G) | Non-income producing security. |
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(I) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
5-Year U.S. Treasury Note Futures | 86 | Long | Sep 2018 | $9,741,734 | $9,771,078 | $29,344 | |||||||
U.S. Treasury Long Bond Futures | 11 | Short | Sep 2018 | (1,580,221 | ) | (1,595,000 | ) | (14,779 | ) | ||||
$14,565 |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
CAD | 2,342,366 | USD | 1,863,636 | Barclays Bank PLC Wholesale | 7/19/2018 | — | ($81,372 | ) | |||||||
USD | 244,939 | EUR | 197,131 | Barclays Bank PLC Wholesale | 7/19/2018 | $14,465 | — | ||||||||
$14,465 | ($81,372 | ) |
SWAPS
Credit default swaps - Buyer
Unamortized | ||||||||||||||||||||
upfront | ||||||||||||||||||||
USD | Pay | Fixed | payment | Unrealized | ||||||||||||||||
Counterparty (OTC)/ | Reference | Notional | notional | fixed | payment | Maturity | paid | appreciation | ||||||||||||
Centrally cleared | obligation | amount | Currency | amount | rate | frequency | date | (received) | (depreciation) | Value | ||||||||||
Brown Brothers Harriman | Toll Brothers Finance | |||||||||||||||||||
and Company | Corp. | 450,000 | USD | $450,000 | 1.000% | Quarterly | Dec 2022 | $(3,778 | ) | $10,866 | $7,088 | |||||||||
Toll Brothers Finance | ||||||||||||||||||||
JPMorgan Chase Bank | Corp. | 450,000 | USD | 450,000 | 1.000% | Quarterly | Dec 2022 | (3,835 | ) | 10,923 | 7,088 | |||||||||
$900,000 | $(7,613 | ) | $21,789 | $14,176 |
Credit default swaps - Seller
Unamortized | ||||||||||||||||||||||
Implied | USD | Fixed | upfront | Unrealized | ||||||||||||||||||
Counterparty (OTC)/ | Reference | credit | Notional | notional | Received | payment | Maturity | payment paid | appreciation | |||||||||||||
Centrally cleared | obligation | spread | amount | Currency | amount | fixed rate | frequency | date | (received) | (depreciation) | Value | |||||||||||
Centrally Cleared | CDX.NA.IG.29 | 1.085% | 900,000 | USD | $900,000 | 1.000% | Quarterly | Dec 2027 | $1,573 | $(7,235) | $(5,662) | |||||||||||
$900,000 | $1,573 | $(7,235) | $(5,662) |
Derivatives Currency Abbreviations
CAD | Canadian Dollar |
EUR | Euro |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
The accompanying notes are an integral part of the financial statements. | 22 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Investment Quality Bond Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 56.5% | |||||||||||
U.S. Treasury Bonds - 4.9% | |||||||||||
2.500%, 02/15/2045 | |||||||||||
to 02/15/2046 | $ | 1,852,000 | $ | 1,685,169 | 0.6 | % | |||||
3.000%, 11/15/2044 | |||||||||||
to 02/15/2047 | 4,140,000 | 4,150,572 | 1.6 | % | |||||||
3.750%, 11/15/2043 | 1,689,000 | 1,917,675 | 0.7 | % | |||||||
4.375%, 11/15/2039 | 2,205,000 | 2,704,656 | 1.0 | % | |||||||
4.500%, 02/15/2036 | 1,542,000 | 1,884,131 | 0.7 | % | |||||||
OTHER SECURITIES | 760,740 | 0.3 | % | ||||||||
13,102,943 | |||||||||||
U.S. Treasury Inflation | |||||||||||
Protected Securities - 2.7% | |||||||||||
0.375%, 07/15/2027 | 7,414,484 | 7,212,165 | 2.7 | % | |||||||
7,212,165 | |||||||||||
U.S. Treasury | |||||||||||
Notes - 12.1% | |||||||||||
1.250%, 06/30/2019 | 1,975,000 | 1,953,321 | 0.7 | % | |||||||
1.625%, 06/30/2020 | |||||||||||
to 04/30/2023 | 9,490,000 | 9,193,890 | 3.5 | % | |||||||
1.875%, 06/30/2020 | |||||||||||
to 02/28/2022 | 4,292,000 | 4,189,054 | 1.6 | % | |||||||
2.000%, 06/30/2024 (A) | 2,060,000 | 1,969,714 | 0.7 | % | |||||||
2.000%, 02/15/2025 | 7,467,000 | 7,099,775 | 2.7 | % | |||||||
3.125%, 05/15/2021 | 7,350,000 | 7,450,775 | 2.8 | % | |||||||
OTHER SECURITIES | 315,192 | 0.1 | % | ||||||||
32,171,721 | |||||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 9.9% | |||||||||||
3.000%, TBA (B) | 1,300,000 | 1,290,552 | 0.5 | % | |||||||
3.500%, TBA (B) | 8,600,000 | 8,552,351 | 3.2 | % | |||||||
4.000%, TBA (B) | 12,700,000 | 12,943,418 | 4.8 | % | |||||||
4.500%, TBA (B) | 3,300,000 | 3,432,653 | 1.3 | % | |||||||
OTHER SECURITIES | 225,686 | 0.1 | % | ||||||||
26,444,660 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 18.5% | |||||||||||
2.500%, 07/01/2030 | |||||||||||
to 04/01/2045 | 1,707,444 | 1,616,352 | 0.6 | % | |||||||
2.880%, 11/01/2027 | 1,045,111 | 1,000,162 | 0.4 | % | |||||||
2.970%, 06/01/2027 | |||||||||||
to 06/01/2030 | 1,270,520 | 1,214,437 | 0.4 | % | |||||||
3.160%, 08/01/2027 | 985,000 | 964,998 | 0.4 | % | |||||||
3.500%, 06/01/2046 | |||||||||||
to 05/01/2048 | 13,207,656 | 13,156,326 | 4.9 | % | |||||||
3.500%, TBA (B) | 26,900,000 | 26,766,725 | 10.1 | % | |||||||
5.000%, TBA (B) | 1,800,000 | 1,906,829 | 0.7 | % | |||||||
OTHER SECURITIES | 2,549,871 | 1.0 | % | ||||||||
49,175,700 | |||||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 8.4% | |||||||||||
3.000%, TBA (B) | 4,300,000 | 4,205,284 | 1.6 | % | |||||||
3.500%, TBA (B) | 9,100,000 | 9,130,364 | 3.5 | % | |||||||
4.000%, TBA (B) | 3,600,000 | 3,688,590 | 1.4 | % | |||||||
4.500%, TBA (B) | 4,600,000 | 4,780,602 | 1.8 | % | |||||||
OTHER SECURITIES | 423,235 | 0.1 | % | ||||||||
22,228,075 | |||||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $152,226,046) | $ | 150,335,264 |
Investment Quality Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 1.1% | |||||||||||
Argentina - 0.0% | $ | 134,774 | 0.0 | % | |||||||
Ghana - 0.1% | 194,208 | 0.1 | % | ||||||||
Italy - 0.1% | 181,693 | 0.1 | % | ||||||||
Oman - 0.0% | 180,593 | 0.0 | % | ||||||||
Panama - 0.1% | 186,500 | 0.1 | % | ||||||||
Qatar - 0.1% | 299,048 | 0.1 | % | ||||||||
Romania - 0.1% | 338,602 | 0.1 | % | ||||||||
Saudi Arabia - 0.3% | 714,983 | 0.3 | % | ||||||||
United Arab Emirates - 0.3% | 730,054 | 0.3 | % | ||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $3,127,689) | $ | 2,960,455 | |||||||||
CORPORATE BONDS - 30.2% | |||||||||||
Consumer discretionary - 3.1% | 8,150,346 | 3.1 | % | ||||||||
Consumer staples - 2.5% | |||||||||||
BAT Capital Corp. | |||||||||||
2.297%, 08/14/2020 (C) | $ | 1,540,000 | 1,506,724 | 0.6 | % | ||||||
OTHER SECURITIES | 5,218,222 | 1.9 | % | ||||||||
6,724,946 | |||||||||||
Energy - 2.0% | 5,380,264 | 2.0 | % | ||||||||
Financials - 10.6% | |||||||||||
Assurant, Inc. (3 month | |||||||||||
LIBOR + 1.250%) | |||||||||||
3.542%, 03/26/2021 (D) | 1,720,000 | 1,724,622 | 0.7 | % | |||||||
Bank of America Corp. | |||||||||||
2.250%, 04/21/2020 | 1,005,000 | 991,175 | 0.4 | % | |||||||
OTHER SECURITIES | 25,432,383 | 9.5 | % | ||||||||
28,148,180 | |||||||||||
Health care - 4.0% | |||||||||||
CVS Health Corp. | |||||||||||
2.800%, 07/20/2020 | 2,047,000 | 2,029,644 | 0.8 | % | |||||||
Dignity Health | |||||||||||
2.637%, 11/01/2019 | 1,030,000 | 1,028,005 | 0.4 | % | |||||||
OTHER SECURITIES | 7,644,791 | 2.8 | % | ||||||||
10,702,440 | |||||||||||
Industrials - 1.2% | 3,245,518 | 1.2 | % | ||||||||
Information technology - 1.7% | 4,583,186 | 1.7 | % | ||||||||
Materials - 1.0% | 2,668,980 | 1.0 | % | ||||||||
Real estate - 0.1% | 228,626 | 0.1 | % | ||||||||
Telecommunication | |||||||||||
services - 2.3% | 6,109,498 | 2.3 | % | ||||||||
Utilities - 1.7% | 4,546,933 | 1.7 | % | ||||||||
TOTAL CORPORATE BONDS (Cost $82,406,929) | $ | 80,488,917 | |||||||||
MUNICIPAL | |||||||||||
BONDS - 1.0% | 2,709,282 | 1.0 | % | ||||||||
TOTAL MUNICIPAL BONDS | |||||||||||
(Cost $2,867,182) | $ | 2,709,282 |
The accompanying notes are an integral part of the financial statements. | 23 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Investment Quality Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
TERM LOANS (E) - 1.7% | |||||||||||
Consumer | |||||||||||
discretionary - 0.4% | $ | 1,181,691 | 0.4 | % | |||||||
Consumer staples - 0.3% | 732,739 | 0.3 | % | ||||||||
Energy - 0.1% | 349,639 | 0.1 | % | ||||||||
Financials - 0.1% | 188,340 | 0.1 | % | ||||||||
Health care - 0.3% | 699,578 | 0.3 | % | ||||||||
Industrials - 0.2% | 518,572 | 0.2 | % | ||||||||
Information | |||||||||||
technology - 0.2% | 444,531 | 0.2 | % | ||||||||
Materials - 0.1% | 222,639 | 0.1 | % | ||||||||
Telecommunication | |||||||||||
services - 0.0% | 137,501 | 0.0 | % | ||||||||
TOTAL TERM LOANS (Cost $4,498,847) | $ | 4,475,230 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 12.3% | |||||||||||
Commercial and | |||||||||||
residential - 10.5% | |||||||||||
BBCMS Mortgage Trust | |||||||||||
2.923%, 08/15/2036 (C)(D) | $ | 949,000 | 948,991 | 0.4 | % | ||||||
New Residential Mortgage | |||||||||||
Loan Trust | |||||||||||
4.000%, 02/25/2057 (C)(F) | 1,039,629 | 1,048,195 | 0.4 | % | |||||||
New Residential Mortgage | |||||||||||
Loan Trust | |||||||||||
4.000%, 03/25/2057 (C)(F) | 933,120 | 946,063 | 0.4 | % | |||||||
OTHER SECURITIES | 24,960,801 | 9.3 | % | ||||||||
27,904,050 | |||||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 0.3% | 803,196 | 0.3 | % | ||||||||
Federal National Mortgage | |||||||||||
Association - 1.5% | 4,022,103 | 1.5 | % | ||||||||
Government National Mortgage | |||||||||||
Association - 0.0% | 9,145 | 0.0 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $33,025,126) | $ | 32,738,494 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 22.4% | |||||||||||
Apidos CLO XVII | |||||||||||
3.663%, 04/17/2026 (C)(D) | 1,200,000 | 1,200,236 | 0.5 | % | |||||||
Apidos CLO XVII | |||||||||||
4.203%, 04/17/2026 (C)(D) | 1,145,000 | 1,145,267 | 0.4 | % | |||||||
Apidos CLO XXI | |||||||||||
3.785%, 07/18/2027 (C)(D) | 1,170,000 | 1,170,043 | 0.4 | % | |||||||
Apidos CLO XXI | |||||||||||
3.235%, 07/18/2027 (C)(D) | 1,080,000 | 1,080,000 | 0.4 | % | |||||||
Avery Point VI CLO, Ltd. | |||||||||||
3.813%, 08/05/2027 (C)(D) | 1,230,000 | 1,230,362 | 0.5 | % | |||||||
Galaxy XIX CLO, Ltd. | |||||||||||
3.579%, 07/24/2030 (C)(D) | 895,000 | 897,260 | 0.3 | % | |||||||
Legacy Mortgage Asset Trust | |||||||||||
4.000%, 03/25/2058 (C) | 911,496 | 912,721 | 0.3 | % | |||||||
Magnetite IX, Ltd. | |||||||||||
3.360%, 07/25/2026 (C)(D) | 915,000 | 915,052 | 0.3 | % | |||||||
OCP CLO, Ltd. | |||||||||||
3.203%, 04/17/2027 (C)(D) | 1,065,000 | 1,061,182 | 0.4 | % | |||||||
OZLM XII, Ltd. | |||||||||||
3.809%, 04/30/2027 (C)(D) | 1,025,000 | 1,025,200 | 0.4 | % | |||||||
Shackleton VIII CLO, Ltd. | |||||||||||
3.279%, 10/20/2027 (C)(D) | 1,035,000 | 1,035,005 | 0.4 | % | |||||||
Towd Point Mortgage Trust | |||||||||||
2.750%, 10/25/2056 (C)(F) | 1,082,576 | 1,059,892 | 0.4 | % |
Investment Quality Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
ASSET BACKED | |||||||||||
SECURITIES (continued) | |||||||||||
Venture XXI CLO, Ltd. | |||||||||||
3.228%, 07/15/2027 (C)(D) | $ | 915,000 | $ | 912,013 | 0.3 | % | |||||
OTHER SECURITIES | 46,088,794 | 17.4 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $60,011,364) | $ | 59,733,027 | |||||||||
PURCHASED OPTIONS - 0.1% | |||||||||||
Puts - 0.1% | 296,053 | 0.1 | % | ||||||||
TOTAL PURCHASED OPTIONS (Cost $356,227) | $ | 296,053 | |||||||||
SECURITIES LENDING COLLATERAL - 0.1% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (G)(H) 33,718 | 337,299 | 0.1 | % | ||||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $337,314) | $ | 337,299 | |||||||||
SHORT-TERM INVESTMENTS - 2.6% | |||||||||||
Commercial paper - 0.0% | 79,395 | 0.0 | % | ||||||||
Foreign government - 1.0% | |||||||||||
Japan Treasury Discount Bill, | |||||||||||
(0.127)%, 08/13/2018 * | JPY | 106,600,000 | 962,970 | 0.4 | % | ||||||
OTHER SECURITIES | 1,568,440 | 0.6 | % | ||||||||
2,531,410 | |||||||||||
Repurchase agreement - 1.6% | |||||||||||
Deutsche Bank Tri-Party | |||||||||||
Repurchase Agreement | |||||||||||
dated 6-29-18 at 2.110% to | |||||||||||
be repurchased at | |||||||||||
$4,200,739 on 7-2-18, | |||||||||||
collateralized by | |||||||||||
$4,297,700 U.S. Treasury | |||||||||||
Notes, 0.750% - 1.250% | |||||||||||
due 1-31-19 to 2-15-19 | |||||||||||
(valued at $4,284,094, | |||||||||||
including interest) | $ | 4,200,000 | 4,200,000 | 1.6 | % | ||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$6,869,692) | $ | 6,810,805 | |||||||||
Total Investments (Investment Quality Bond | |||||||||||
Trust) (Cost $345,726,416) - 128.0% | $ | 340,884,826 | 128.0 | % | |||||||
Other assets and liabilities, net - (28.0)% | (74,621,587 | ) | (28.0 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 266,263,239 | 100.0 | % |
Currency Abbreviations
JPY | Japanese Yen |
Security Abbreviations and Legend
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
LIBOR | London Interbank Offered Rate |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $90,255,231 or 33.9% of the fund’s net assets as of 6-30-18. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(E) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
The accompanying notes are an integral part of the financial statements. | 24 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Investment Quality Bond Trust (continued)
(F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(G) | The rate shown is the annualized seven-day yield as of 6-30-18. |
Investment Quality Bond Trust (continued)
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | ||||||||||||||||||
Number of | Expiration | Notional | Notional | appreciation | ||||||||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | ||||||||||||
5-Year U.S. Treasury Note Futures | 123 | Long | Sep 2018 | $ | 13,944,667 | $ | 13,974,914 | $ | 30,247 | |||||||||
Eurodollar Futures | 52 | Long | Mar 2019 | 12,642,944 | 12,641,200 | (1,744 | ) | |||||||||||
U.S. Treasury Long Bond Futures | 14 | Long | Sep 2018 | 1,987,156 | 2,030,000 | 42,844 | ||||||||||||
Ultra U.S. Treasury Bond Futures | 23 | Long | Sep 2018 | 3,582,466 | 3,669,938 | 87,472 | ||||||||||||
10-Year U.S. Treasury Note Futures | 38 | Short | Sep 2018 | (4,550,558 | ) | (4,567,125 | ) | (16,567 | ) | |||||||||
10-Year Ultra U.S. Treasury Bond Futures | 12 | Short | Sep 2018 | (1,519,493 | ) | (1,538,812 | ) | (19,319 | ) | |||||||||
Eurodollar Futures | 52 | Short | Mar 2020 | (12,625,055 | ) | (12,612,600 | ) | 12,455 | ||||||||||
U.K. Long Gilt Bond Futures | 14 | Short | Sep 2018 | (2,267,614 | ) | (2,273,719 | ) | (6,105 | ) | |||||||||
$ | 129,283 |
* | Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract. |
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | ||||||||||||||||
settlement | Unrealized | Unrealized | ||||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | |||||||||||
EUR | 24,000 | USD | 28,073 | Citibank N.A. | 7/31/2018 | $11 | — | |||||||||
USD | 14,670 | CAD | 19,000 | State Street Bank and Trust Company | 7/3/2018 | 217 | — | |||||||||
USD | 23,155 | CAD | 30,000 | Citibank N.A. | 7/5/2018 | 335 | — | |||||||||
USD | 42,419 | CAD | 55,000 | JPMorgan Chase Bank N.A. | 7/5/2018 | 581 | — | |||||||||
USD | 113,146 | CAD | 145,000 | State Street Bank and Trust Company | 7/16/2018 | 2,826 | — | |||||||||
USD | 39,806 | CAD | 50,000 | Citibank N.A. | 8/2/2018 | 1,753 | — | |||||||||
USD | 73,532 | EUR | 60,000 | Deutsche Bank AG London | 7/16/2018 | 3,399 | — | |||||||||
USD | 1,519,854 | EUR | 1,302,000 | Goldman Sachs International | 7/31/2018 | — | ($3,699 | ) | ||||||||
USD | 217,394 | EUR | 175,000 | JPMorgan Chase Bank N.A. | 7/31/2018 | 12,615 | — | |||||||||
USD | 186,128 | EUR | 155,000 | Goldman Sachs International | 8/1/2018 | 4,739 | — | |||||||||
USD | 29,314 | EUR | 25,000 | JPMorgan Chase Bank N.A. | 8/6/2018 | 47 | — | |||||||||
USD | 200,837 | EUR | 165,000 | Morgan Stanley and Company International PLC | 8/17/2018 | 7,515 | — | |||||||||
USD | 58,106 | EUR | 50,000 | Deutsche Bank AG London | 9/11/2018 | — | (588 | ) | ||||||||
USD | 80,454 | EUR | 68,000 | Goldman Sachs International | 9/19/2018 | 580 | — | |||||||||
USD | 79,702 | EUR | 67,000 | JPMorgan Chase Bank N.A. | 9/19/2018 | 1,003 | — | |||||||||
USD | 79,338 | GBP | 60,000 | BNP Paribas SA | 9/10/2018 | — | (88 | ) | ||||||||
USD | 591,686 | JPY | 62,900,000 | Citibank N.A. | 7/9/2018 | 23,339 | — | |||||||||
USD | 979,873 | JPY | 106,600,000 | JPMorgan Chase Bank N.A. | 8/13/2018 | 14,401 | — | |||||||||
USD | 342,160 | JPY | 37,100,000 | Morgan Stanley and Company International PLC | 9/4/2018 | 5,641 | — | |||||||||
$79,002 | ($4,375 | ) |
SWAPS
Interest rate swaps
Unamortized | ||||||||||||||||||||||||||
Fixed | Floating | upfront | Unrealized | |||||||||||||||||||||||
Counterparty (OTC)/ | Notional | Payments | Payments | payment | payment | Maturity | payment paid | appreciation | ||||||||||||||||||
Centrally cleared | amount | Currency | made | received | frequency | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||
JPMorgan Chase Bank | 5,100,000 | USD | Fixed 4.318% | USD LIBOR BBA | Semi-Annual | Quarterly | Dec 2028 | — | $ | (743,322 | ) | $ | (743,322 | ) | ||||||||||||
JPMorgan Chase Bank | 2,100,000 | USD | Fixed 3.425% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2039 | — | (187,473 | ) | (187,473 | ) | ||||||||||||||
— | $ | (930,795 | ) | $ | (930,795 | ) | ||||||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,090,000 | USD | Fixed 2.179% | OIS COMPOUND | Annual | Annual | Nov 2024 | — | 21,921 | 21,921 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,075,000 | USD | Fixed 2.179% | OIS COMPOUND | Annual | Annual | Nov 2024 | $ | (1,087 | ) | 22,706 | 21,619 | ||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 140,000 | USD | Fixed 2.250% | OIS COMPOUND | Annual | Annual | Nov 2024 | 1,660 | 566 | 2,226 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 515,000 | USD | Fixed 2.250% | OIS COMPOUND | Annual | Annual | Nov 2024 | 6,098 | 2,092 | 8,190 |
The accompanying notes are an integral part of the financial statements. | 25 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Investment Quality Bond Trust (continued)
Interest rate swaps (continued)
Unamortized | ||||||||||||||||||||||||||
Fixed | Floating | upfront | Unrealized | |||||||||||||||||||||||
Counterparty (OTC)/ | Notional | Payments | Payments | payment | payment | Maturity | payment paid | appreciation | ||||||||||||||||||
Centrally cleared | amount | Currency | made | received | frequency | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,536,000 | USD | Fixed 2.060% | OIS COMPOUND | Annual | Annual | Nov 2024 | $33,699 | $7,978 | $41,677 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 745,000 | USD | Fixed 2.459% | OIS COMPOUND | Annual | Annual | Nov 2024 | — | 2,665 | 2,665 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 750,000 | USD | Fixed 2.453% | OIS COMPOUND | Annual | Annual | Nov 2024 | — | 2,906 | 2,906 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 655,000 | USD | Fixed 2.453% | OIS COMPOUND | Annual | Annual | Nov 2024 | — | 2,566 | 2,566 | ||||||||||||||||
USD Federal | ||||||||||||||||||||||||||
Funds H.15 | ||||||||||||||||||||||||||
OIS | ||||||||||||||||||||||||||
Centrally cleared | 667,000 | USD | COMPOUND | Fixed 2.556% | Annual | Annual | Nov 2024 | — | 1,471 | 1,471 | ||||||||||||||||
USD Federal | ||||||||||||||||||||||||||
Funds H.15 | ||||||||||||||||||||||||||
OIS | ||||||||||||||||||||||||||
Centrally cleared | 880,000 | USD | COMPOUND | Fixed 2.505% | Annual | Annual | Nov 2024 | — | (690 | ) | (690 | ) | ||||||||||||||
USD Federal | ||||||||||||||||||||||||||
Funds H.15 | ||||||||||||||||||||||||||
OIS | ||||||||||||||||||||||||||
Centrally cleared | 1,570,080 | USD | COMPOUND | Fixed 2.556% | Annual | Annual | Nov 2024 | — | 3,464 | 3,464 | ||||||||||||||||
USD Federal | ||||||||||||||||||||||||||
Funds H.15 | ||||||||||||||||||||||||||
OIS | ||||||||||||||||||||||||||
Centrally cleared | 1,580,935 | USD | COMPOUND | Fixed 2.529% | Annual | Annual | Nov 2024 | — | 999 | 999 | ||||||||||||||||
USD Federal | ||||||||||||||||||||||||||
Funds H.15 | ||||||||||||||||||||||||||
OIS | ||||||||||||||||||||||||||
Centrally cleared | 1,976,985 | USD | COMPOUND | Fixed 2.535% | Annual | Annual | Nov 2024 | — | 1,912 | 1,912 | ||||||||||||||||
USD Federal Funds H.15 | ||||||||||||||||||||||||||
Centrally cleared | 1,620,000 | USD | Fixed 1.625% | OIS COMPOUND | Annual | Annual | Nov 2026 | — | 110,262 | 110,262 | ||||||||||||||||
Centrally cleared | 11,538,000 | USD | Fixed 2.250% | USD LIBOR BBA | Semi-Annual | Quarterly | Jun 2028 | 641,206 | 45,951 | 687,157 | ||||||||||||||||
Centrally cleared | 1,640,000 | USD | Fixed 2.750% | USD LIBOR BBA | Semi-Annual | Quarterly | Dec 2047 | (36,339 | ) | 98,470 | 62,131 | |||||||||||||||
$ | 645,237 | $325,239 | $970,476 | |||||||||||||||||||||||
$ | 645,237 | $(605,556 | ) | $39,681 |
Credit default swaps - Buyer
Unamortized | |||||||||||||||||||||||||||
upfront | |||||||||||||||||||||||||||
USD | Pay | Fixed | payment | Unrealized | |||||||||||||||||||||||
Counterparty (OTC)/ | Reference | Notional | notional | fixed | payment | Maturity | paid | appreciation | |||||||||||||||||||
Centrally cleared | obligation | amount | Currency | amount | rate | frequency | date | (received) | (depreciation) | Value | |||||||||||||||||
iTraxx Europe Series 29 | |||||||||||||||||||||||||||
Centrally cleared | Version 1 | 1,870,000 | EUR | $ | 2,201,178 | 1.000 | % | Quarterly | Jun 2023 | $(32,537 | ) | $ | 3,570 | $ | (28,967 | ) | |||||||||||
iTraxx Crossover | |||||||||||||||||||||||||||
Centrally cleared | Series 29 Version 1 | 690,000 | EUR | 812,199 | 5.000 | % | Quarterly | Jun 2023 | (71,002 | ) | 5,626 | (65,376 | ) | ||||||||||||||
$ | 3,013,377 | $(103,539 | ) | $ | 9,196 | $ | (94,343 | ) |
Credit default swaps - Seller
Unamortized | ||||||||||||||||||||||||||||||
Implied | USD | Fixed | upfront | Unrealized | ||||||||||||||||||||||||||
Counterparty (OTC)/ | Reference | credit | Notional | notional | Received | payment | Maturity | payment paid | appreciation | |||||||||||||||||||||
Centrally cleared | obligation | spread | amount | Currency | amount | fixed rate | frequency | date | (received) | (depreciation) | Value | |||||||||||||||||||
Deutsche Bank AG | CMBX.NA.BBB-.6 | 5.895 | % | 110,000 | USD | $ | 110,000 | 3.000 | % | Monthly | May 2063 | $(18,500 | ) | $7,689 | $ | (10,811 | ) | |||||||||||||
Goldman Sachs International | CMBX.NA.BBB-.6 | 5.895 | % | 140,000 | USD | 140,000 | 3.000 | % | Monthly | May 2063 | (23,383 | ) | 9,623 | (13,760 | ) | |||||||||||||||
Morgan Stanley & Company | ||||||||||||||||||||||||||||||
International PLC | CMBX.NA.BBB-.6 | 5.895 | % | 255,000 | USD | 255,000 | 3.000 | % | Monthly | May 2063 | (41,453 | ) | 16,393 | (25,060 | ) | |||||||||||||||
Morgan Stanley & Company | ||||||||||||||||||||||||||||||
International PLC | CMBX.NA.BBB-.6 | 5.895 | % | 130,000 | USD | 130,000 | 3.000 | % | Monthly | May 2063 | (21,485 | ) | 8,708 | (12,777 | ) | |||||||||||||||
Morgan Stanley & Company | ||||||||||||||||||||||||||||||
International PLC | CMBX.NA.BBB-.6 | 5.895 | % | 115,000 | USD | 115,000 | 3.000 | % | Monthly | May 2063 | (19,368 | ) | 8,065 | (11,303 | ) | |||||||||||||||
Morgan Stanley & Company | ||||||||||||||||||||||||||||||
International PLC | CMBX.NA.BBB-.6 | 5.895 | % | 69,000 | USD | 69,000 | 3.000 | % | Monthly | May 2063 | (11,627 | ) | 4,845 | (6,782 | ) | |||||||||||||||
$ | 819,000 | $(135,816 | ) | $55,323 | $ | (80,493 | ) |
The accompanying notes are an integral part of the financial statements. | 26 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Investment Quality Bond Trust (continued)
Credit default swaps - Seller (continued)
Unamortized | |||||||||||||||||||||||||||||||
Implied | USD | Fixed | upfront | Unrealized | |||||||||||||||||||||||||||
Counterparty (OTC)/ | Reference | credit | Notional | notional | Received | payment | Maturity | payment paid | appreciation | ||||||||||||||||||||||
Centrally cleared | obligation | spread | amount | Currency | amount | fixed rate | frequency | date | (received) | (depreciation) | Value | ||||||||||||||||||||
Centrally cleared | CDX.EM.29 | 1.910 | % | 769,000 | USD | $769,000 | 1.000% | Quarterly | Jun 2023 | $20,254 | $ | 10,386 | $ | 30,640 | |||||||||||||||||
Centrally cleared | CDX.NA.HY.30 | 3.613 | % | 842,000 | USD | 842,000 | 5.000% | Quarterly | Jun 2023 | 51,758 | (2,085 | ) | 49,673 | ||||||||||||||||||
$ | 1,611,000 | $72,012 | $8,301 | $ | 80,313 | ||||||||||||||||||||||||||
$ | 2,430,000 | $(63,804 | ) | $ | 63,624 | $(180 | ) |
Derivatives Currency Abbreviations
CAD | Canadian Dollar |
EUR | Euro |
GBP | Pound Sterling |
JPY | Japanese Yen |
USD | U.S. Dollar |
Derivatives Abbreviations
BBA | The British Banker’s Association |
LIBOR | London Interbank Offered Rate |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Money Market Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT - 11.0% | |||||||||||
U.S. Treasury Bills - 6.1% | |||||||||||
1.806%, 07/19/2018 | $ | 24,495,500 | $ | 24,473,699 | 1.4 | % | |||||
1.892%, 08/16/2018 | 59,431,700 | 59,290,344 | 3.2 | % | |||||||
2.043%, 11/08/2018 | 19,600,000 | 19,458,444 | 1.1 | % | |||||||
OTHER SECURITIES | 7,963,236 | 0.4 | % | ||||||||
111,185,723 | |||||||||||
U.S. Treasury Notes - 4.9% | |||||||||||
1.879%, 09/15/2018 | 47,039,400 | 46,952,847 | 2.5 | % | |||||||
1.911%, 08/31/2018 | 19,908,800 | 19,894,770 | 1.1 | % | |||||||
1.932%, 08/31/2018 | 23,908,000 | 23,860,696 | 1.3 | % | |||||||
90,708,313 | |||||||||||
TOTAL U.S. GOVERNMENT (Cost $201,894,036) | $ | 201,894,036 | |||||||||
U.S. GOVERNMENT | |||||||||||
AGENCY - 89.2% | |||||||||||
Federal Agricultural Mortgage Corp. - 13.4% | |||||||||||
1.653%, 07/02/2018 | 31,300,000 | 31,298,583 | 1.7 | % | |||||||
1.922%, (1 month | |||||||||||
LIBOR - 0.080%), | |||||||||||
11/30/2018 (A) | 23,843,000 | 23,843,000 | 1.3 | % | |||||||
1.927%, (1 month | |||||||||||
LIBOR - 0.100%), | |||||||||||
12/03/2018 (A) | 16,237,000 | 16,237,000 | 0.9 | % | |||||||
1.961%, (1 month LIBOR + | |||||||||||
0.030%), 08/17/2018 (A) | 19,780,000 | 19,784,657 | 1.1 | % | |||||||
1.961%, (1 month | |||||||||||
LIBOR - 0.090%), | |||||||||||
01/07/2019 (A) | 16,688,000 | 16,688,000 | 0.9 | % | |||||||
1.978%, (1 month | |||||||||||
LIBOR - 0.050%), | |||||||||||
04/02/2019 (A) | 27,703,000 | 27,703,000 | 1.5 | % | |||||||
2.003%, (1 month LIBOR), | |||||||||||
09/30/2019 (A) | 20,024,000 | 20,024,000 | 1.1 | % | |||||||
2.014%, (1 month | |||||||||||
LIBOR - 0.115%), | |||||||||||
12/28/2018 (A) | 19,788,000 | 19,788,000 | 1.1 | % | |||||||
2.021%, (1 month | |||||||||||
LIBOR - 0.090%), | |||||||||||
02/20/2019 (A) | 20,007,000 | 20,007,000 | 1.1 | % |
Money Market Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT | |||||||||||
AGENCY (continued) | |||||||||||
Federal Agricultural Mortgage Corp. (continued) | |||||||||||
2.059%, (1 month | |||||||||||
LIBOR - 0.060%), | |||||||||||
07/25/2019 (A) | $ | 30,000,000 | $ | 30,000,000 | 1.6 | % | |||||
2.069%, (1 month | |||||||||||
LIBOR - 0.050 %), | |||||||||||
06/25/2019 (A) | 19,918,000 | 19,918,000 | 1.1 | % | |||||||
245,291,240 | |||||||||||
Federal Farm Credit Bank - 21.5% | |||||||||||
1.856%, 07/18/2018 | 19,055,000 | 19,045,282 | 1.0 | % | |||||||
1.885%, (Prime | |||||||||||
rate - 3.020%), | |||||||||||
01/14/2019 (A) | 19,277,000 | 19,289,648 | 1.1 | % | |||||||
1.906%, (Prime | |||||||||||
rate - 3.120%), | |||||||||||
01/02/2019 (A) | 16,123,000 | 16,123,000 | 0.9 | % | |||||||
1.948%, 09/20/2018 | 25,715,000 | 25,661,217 | 1.4 | % | |||||||
1.955%, 09/21/2018 | 15,851,000 | 15,781,678 | 0.9 | % | |||||||
1.957%, (Prime | |||||||||||
rate - 3.075%), | |||||||||||
09/05/2019 (A) | 18,548,000 | 18,546,905 | 1.0 | % | |||||||
2.027%, (3 month USBMMY | |||||||||||
+ 0.085%), 08/08/2019 (A) | 12,115,000 | 12,114,325 | 0.7 | % | |||||||
2.050%, (1 month LIBOR + | |||||||||||
0.190%), 08/19/2019 (A) | 20,313,000 | 20,370,765 | 1.1 | % | |||||||
2.129%, (Prime | |||||||||||
rate - 2.910%), | |||||||||||
12/11/2019 (A) | 18,331,000 | 18,328,351 | 1.0 | % | |||||||
OTHER SECURITIES | 229,127,840 | 12.4 | % | ||||||||
394,389,011 | |||||||||||
Federal Home Loan Bank - 39.7% | |||||||||||
1.653%, 07/02/2018 | 90,000,000 | 89,995,925 | 4.9 | % | |||||||
1.837%, 07/24/2018 | 18,780,000 | 18,758,283 | 1.0 | % | |||||||
1.853%, 07/06/2018 | 31,011,000 | 31,003,130 | 1.7 | % | |||||||
1.866%, 07/09/2018 | 30,121,000 | 30,108,684 | 1.6 | % | |||||||
1.873%, 07/05/2018 | 39,785,000 | 39,776,836 | 2.2 | % | |||||||
1.878%, 07/11/2018 | 154,129,000 | 154,049,759 | 8.4 | % | |||||||
1.886%, 07/12/2018 | 27,287,000 | 27,271,502 | 1.5 | % |
The accompanying notes are an integral part of the financial statements. | 27 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Money Market Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT | ||||||||||
AGENCY (continued) | ||||||||||
Federal Home Loan Bank (continued) | ||||||||||
1.902%, 07/13/2018 | $ | 41,135,000 | $ | 41,109,291 | 2.2 | % | ||||
1.917%, 07/18/2018 | 20,233,000 | 20,214,952 | 1.1 | % | ||||||
1.919%, 07/25/2018 | 27,727,000 | 27,692,064 | 1.5 | % | ||||||
1.920%, (1 month | ||||||||||
LIBOR - 0.130%), | ||||||||||
07/20/2018 (A) | 19,905,000 | 19,905,637 | 1.1 | % | ||||||
1.922%, 08/03/2018 | 30,045,000 | 29,992,874 | 1.6 | % | ||||||
1.931%, 08/14/2018 | 19,788,000 | 19,742,048 | 1.1 | % | ||||||
1.976%, 09/27/2018 | 19,607,000 | 19,514,019 | 1.1 | % | ||||||
1.983%, 08/15/2018 | 16,470,000 | 16,537,774 | 0.9 | % | ||||||
2.181%, (3 month | ||||||||||
LIBOR - 0.220%), | ||||||||||
07/09/2018 (A) | 18,180,000 | 18,179,850 | 1.0 | % | ||||||
2.182%, (3 month | ||||||||||
LIBOR - 0.160%), | ||||||||||
05/24/2019 (A) | 17,680,000 | 17,682,771 | 1.0 | % | ||||||
OTHER SECURITIES | 106,980,339 | 5.8 | % | |||||||
728,515,738 | ||||||||||
Federal Home Loan Mortgage Corp. - 2.4% | ||||||||||
1.383%, 09/13/2018 | 15,384,000 | 15,374,934 | 0.8 | % | ||||||
OTHER SECURITIES | 27,565,942 | 1.6 | % | |||||||
42,940,876 | ||||||||||
Federal National Mortgage Association - 6.8% | ||||||||||
1.785%, 07/02/2018 | 39,580,000 | 39,578,065 | 2.1 | % | ||||||
1.800%, 07/20/2018 | 15,144,000 | 15,138,767 | 0.8 | % | ||||||
1.855%, 07/26/2018 | 12,196,000 | 12,187,289 | 0.7 | % | ||||||
1.999%, 10/29/2018 | 17,646,000 | 17,594,020 | 1.0 | % | ||||||
2.043%, 10/29/2018 | 19,978,000 | 19,917,880 | 1.1 | % | ||||||
OTHER SECURITIES | 20,888,676 | 1.1 | % | |||||||
125,304,697 | ||||||||||
Tennessee Valley Authority - 5.4% | ||||||||||
1.866%, 07/03/2018 | 99,019,000 | 99,008,878 | 5.4 | % | ||||||
TOTAL U.S. GOVERNMENT AGENCY (Cost | ||||||||||
$1,635,450,440) | $ | 1,635,450,440 | ||||||||
REPURCHASE | ||||||||||
AGREEMENT - 0.0% | 100,000 | 0.0 | % | |||||||
TOTAL REPURCHASE AGREEMENT (Cost | ||||||||||
$100,000) | $ | 100,000 | ||||||||
Total Investments (Money Market Trust) (Cost | ||||||||||
$1,837,444,476) - 100.2% | $ | 1,837,444,476 | 100.2 | % | ||||||
Other assets and liabilities, net - (0.2)% | (3,884,845 | ) | (0.2 | %) | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,833,559,631 | 100.0 | % |
Security Abbreviations and Legend
(A) | Variable rate obligation. |
New Income Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS - 34.8% | ||||||||||
U.S. Treasury Bonds - 6.5% | ||||||||||
2.500%, 02/15/2045 | ||||||||||
to 05/15/2046 | $ | 17,335,000 | $ | 15,751,441 | 1.2 | % | ||||
2.875%, 11/15/2046 | 9,435,000 | 9,228,978 | 0.7 | % | ||||||
3.000%, 11/15/2044 (A) | 6,105,000 | 6,120,978 | 0.5 | % | ||||||
3.000%, 11/15/2045 | 12,720,000 | 12,752,297 | 1.0 | % | ||||||
3.125%, 02/15/2043 | 26,395,000 | 27,057,968 | 2.0 | % | ||||||
5.375%, 02/15/2031 | 7,760,000 | 9,799,122 | 0.7 | % |
New Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS (continued) | ||||||||||
U.S. Treasury | ||||||||||
Bonds (continued) | ||||||||||
OTHER SECURITIES | $ | 5,511,365 | 0.4 | % | ||||||
86,222,149 | ||||||||||
U.S. Treasury Inflation | ||||||||||
Protected Securities - 3.0% | ||||||||||
0.125%, 04/15/2022 | ||||||||||
to 07/15/2026 | $ | 21,069,244 | 20,487,365 | 1.5 | % | |||||
0.500%, 01/15/2028 | 13,505,043 | 13,210,191 | 1.0 | % | ||||||
0.625%, 04/15/2023 | 6,458,690 | 6,447,419 | 0.5 | % | ||||||
40,144,975 | ||||||||||
U.S. Treasury Notes - 5.8% | ||||||||||
1.500%, 05/31/2019 | 12,425,000 | 12,329,871 | 0.9 | % | ||||||
1.750%, 11/15/2020 | 9,600,000 | 9,416,250 | 0.7 | % | ||||||
2.250%, 02/15/2027 | ||||||||||
to 11/15/2027 | 14,245,000 | 13,559,450 | 1.0 | % | ||||||
2.750%, 02/15/2028 | 36,315,000 | 35,990,151 | 2.7 | % | ||||||
OTHER SECURITIES | 6,370,163 | 0.5 | % | |||||||
77,665,885 | ||||||||||
Federal Home Loan | ||||||||||
Mortgage Corp. - 1.8% | ||||||||||
3.500%, 09/01/2042 | ||||||||||
to 03/01/2044 | 8,980,014 | 9,000,986 | 0.8 | % | ||||||
4.000%, 08/01/2040 | ||||||||||
to 02/01/2041 | 6,610,616 | 6,802,135 | 0.4 | % | ||||||
4.500%, 11/01/2018 | ||||||||||
to 10/01/2039 | 4,371,323 | 4,595,271 | 0.4 | % | ||||||
OTHER SECURITIES | 3,267,543 | 0.2 | % | |||||||
23,665,935 | ||||||||||
Federal National Mortgage | ||||||||||
Association - 12.3% | ||||||||||
2.500%, 07/01/2030 | ||||||||||
to 03/01/2043 | 4,647,648 | 4,467,396 | 0.4 | % | ||||||
3.000%, 01/01/2027 | ||||||||||
to 01/01/2047 | 46,649,533 | 45,530,587 | 3.6 | % | ||||||
3.500%, 11/01/2032 | ||||||||||
to 08/01/2056 | 48,968,603 | 49,031,895 | 3.8 | % | ||||||
4.000%, 11/01/2040 | ||||||||||
to 03/01/2047 | 31,209,551 | 32,007,345 | 2.5 | % | ||||||
4.500%, 05/01/2019 | ||||||||||
to 09/01/2042 | 6,222,658 | 6,534,321 | 0.4 | % | ||||||
5.000%, 11/01/2018 | ||||||||||
to 06/01/2040 | 6,869,515 | 7,337,482 | 0.4 | % | ||||||
6.000%, 01/01/2021 | ||||||||||
to 09/01/2038 | 4,216,825 | 4,669,729 | 0.3 | % | ||||||
OTHER SECURITIES | 13,870,299 | 0.9 | % | |||||||
163,449,054 | ||||||||||
Government National | ||||||||||
Mortgage | ||||||||||
Association - 5.4% | ||||||||||
3.000%, 10/15/2042 | ||||||||||
to 02/20/2047 | 8,566,411 | 8,403,407 | 0.5 | % | ||||||
3.500%, 09/15/2041 | ||||||||||
to 02/20/2048 | 8,559,848 | 8,633,673 | 0.6 | % | ||||||
4.000%, 02/15/2041 | ||||||||||
to 05/20/2048 | 9,022,259 | 9,286,345 | 0.7 | % | ||||||
4.500%, 01/15/2019 | ||||||||||
to 08/20/2047 | 12,149,310 | 12,706,683 | 1.1 | % | ||||||
4.500%, TBA (B) | 7,170,000 | 7,451,504 | 0.6 | % | ||||||
5.000%, 01/15/2019 | ||||||||||
to 01/20/2048 | 10,470,187 | 11,055,414 | 0.9 | % | ||||||
5.000%, TBA (B) | 7,085,000 | 7,436,334 | 0.6 | % |
The accompanying notes are an integral part of the financial statements. | 28 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
New Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS (continued) | ||||||||||
Government National | ||||||||||
Mortgage | ||||||||||
Association (continued) | ||||||||||
OTHER SECURITIES | $ | 7,639,637 | 0.4 | % | ||||||
72,612,997 | ||||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS (Cost $470,621,843) | $ | 463,760,995 | ||||||||
FOREIGN GOVERNMENT | ||||||||||
OBLIGATIONS - 1.2% | ||||||||||
Argentina - 0.1% | 1,088,750 | 0.1 | % | |||||||
Bermuda - 0.1% | 1,950,976 | 0.1 | % | |||||||
Brazil - 0.2% | 2,957,675 | 0.2 | % | |||||||
Hungary - 0.1% | 1,176,340 | 0.1 | % | |||||||
Indonesia - 0.1% | 703,238 | 0.1 | % | |||||||
Mexico - 0.4% | 5,274,263 | 0.4 | % | |||||||
Peru - 0.2% | 3,300,362 | 0.2 | % | |||||||
TOTAL FOREIGN GOVERNMENT | ||||||||||
OBLIGATIONS (Cost $17,265,207) | $ | 16,451,604 | ||||||||
CORPORATE BONDS - 34.8% | ||||||||||
Consumer discretionary - 3.6% | 47,949,357 | 3.6 | % | |||||||
Consumer staples - 0.8% | 10,104,354 | 0.8 | % | |||||||
Energy - 3.4% | 45,376,918 | 3.4 | % | |||||||
Financials - 11.0% | ||||||||||
Bank of America Corp. | ||||||||||
3.248%, 10/21/2027 | $ | 4,435,000 | 4,131,652 | 0.3 | % | |||||
Bank of America Corp. | ||||||||||
3.300%, 01/11/2023 | 13,955,000 | 13,745,883 | 1.0 | % | ||||||
Bank of America Corp. | ||||||||||
(3.824% to 1-20-27, then 3 | ||||||||||
month LIBOR + 1.575%) | ||||||||||
01/20/2028 | 4,705,000 | 4,587,814 | 0.3 | % | ||||||
Citigroup, Inc. | ||||||||||
3.200%, 10/21/2026 | 4,840,000 | 4,503,415 | 0.3 | % | ||||||
JPMorgan Chase & Co. (3 | ||||||||||
month LIBOR + 1.230%) | ||||||||||
3.589%, 10/24/2023 (C) | 6,895,000 | 7,019,278 | 0.5 | % | ||||||
Morgan Stanley | ||||||||||
3.750%, 02/25/2023 | 8,280,000 | 8,286,693 | 0.6 | % | ||||||
The Goldman Sachs | ||||||||||
Group, Inc. | ||||||||||
3.000%, 04/26/2022 | 4,315,000 | 4,218,046 | 0.3 | % | ||||||
OTHER SECURITIES | 100,527,524 | 7.7 | % | |||||||
147,020,305 | ||||||||||
Health care - 3.0% | ||||||||||
CVS Health Corp. | ||||||||||
3.700%, 03/09/2023 | 7,670,000 | 7,591,919 | 0.6 | % | ||||||
OTHER SECURITIES | 32,101,832 | 2.4 | % | |||||||
39,693,751 | ||||||||||
Industrials - 2.1% | 28,254,099 | 2.1 | % | |||||||
Information technology - 3.7% | ||||||||||
Apple, Inc. | ||||||||||
3.000%, 02/09/2024 | 8,230,000 | 8,057,559 | 0.6 | % | ||||||
Apple, Inc. | ||||||||||
3.200%, 05/11/2027 | 4,980,000 | 4,803,695 | 0.4 | % | ||||||
Broadcom Corp. | ||||||||||
3.625%, 01/15/2024 | 4,570,000 | 4,422,115 | 0.3 | % | ||||||
Microsoft Corp. | ||||||||||
4.100%, 02/06/2037 | 9,105,000 | 9,479,980 | 0.7 | % | ||||||
OTHER SECURITIES | 21,879,331 | 1.7 | % | |||||||
48,642,680 |
New Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
CORPORATE | ||||||||||
BONDS (continued) | ||||||||||
Materials - 1.2% | $ | 16,565,333 | 1.2 | % | ||||||
Real estate - 2.4% | ||||||||||
Brixmor Operating | ||||||||||
Partnership LP | ||||||||||
4.125%, 06/15/2026 | $ | 4,385,000 | 4,242,846 | 0.3 | % | |||||
OTHER SECURITIES | 28,229,233 | 2.1 | % | |||||||
32,472,079 | ||||||||||
Telecommunication | ||||||||||
services - 1.3% | 16,856,241 | 1.3 | % | |||||||
Utilities - 2.3% | 30,647,298 | 2.3 | % | |||||||
TOTAL CORPORATE BONDS (Cost | ||||||||||
$473,839,493) | $ | 463,582,415 | ||||||||
CONVERTIBLE BONDS - 0.1% | ||||||||||
Consumer | ||||||||||
discretionary - 0.1% | 1,385,465 | 0.1 | % | |||||||
TOTAL CONVERTIBLE BONDS (Cost | ||||||||||
$1,398,240) | $ | 1,385,465 | ||||||||
MUNICIPAL | ||||||||||
BONDS - 1.4% | 18,555,890 | 1.4 | % | |||||||
TOTAL MUNICIPAL BONDS | ||||||||||
(Cost $16,467,826) | $ | 18,555,890 | ||||||||
TERM LOANS (D) - 2.9% | ||||||||||
Consumer | ||||||||||
discretionary - 0.7% | 8,566,742 | 0.7 | % | |||||||
Consumer staples - 0.1% | 959,859 | 0.1 | % | |||||||
Financials - 0.3% | 4,387,746 | 0.3 | % | |||||||
Health care - 0.4% | 5,736,609 | 0.4 | % | |||||||
Industrials - 0.3% | 4,011,705 | 0.3 | % | |||||||
Information | ||||||||||
technology - 0.7% | 9,307,874 | 0.7 | % | |||||||
Materials - 0.2% | 2,310,812 | 0.2 | % | |||||||
Telecommunication | ||||||||||
services - 0.1% | 1,600,012 | 0.1 | % | |||||||
Utilities - 0.1% | 1,673,241 | 0.1 | % | |||||||
TOTAL TERM LOANS (Cost $38,815,356) | $ | 38,554,600 | ||||||||
COLLATERALIZED MORTGAGE | ||||||||||
OBLIGATIONS - 11.0% | ||||||||||
Commercial and | ||||||||||
residential - 8.4% | ||||||||||
Commercial Mortgage Trust | ||||||||||
(Cantor | ||||||||||
Fitzgerald/Deutsche Bank AG) | ||||||||||
3.528%, 12/10/2047 | 7,265,000 | 7,247,505 | 0.5 | % | ||||||
OTHER SECURITIES | 104,961,997 | 7.9 | % | |||||||
112,209,502 | ||||||||||
Federal Home Loan Mortgage | ||||||||||
Corp. - 1.6% | ||||||||||
2.857%, 12/25/2030 (C)(E) | 4,355,000 | 4,354,993 | 0.3 | % | ||||||
OTHER SECURITIES | 16,003,672 | 1.3 | % | |||||||
20,358,665 | ||||||||||
Federal National Mortgage | ||||||||||
Association - 0.8% | 10,863,244 | 0.8 | % | |||||||
Government National Mortgage | ||||||||||
Association - 0.2% | 2,441,940 | 0.2 | % | |||||||
TOTAL COLLATERALIZED MORTGAGE | ||||||||||
OBLIGATIONS (Cost $147,308,267) | $ | 145,873,351 |
The accompanying notes are an integral part of the financial statements. | 29 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
New Income Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
ASSET BACKED | ||||||||||
SECURITIES - 12.7% | ||||||||||
Avis Budget Rental Car | ||||||||||
Funding AESOP LLC | ||||||||||
2.460%, 07/20/2020 (E) | $ | 5,450,000 | $ | 5,425,766 | 0.4 | % | ||||
Ford Credit Auto Owner | ||||||||||
Trust | ||||||||||
2.030%, 12/15/2027 (E) | 4,930,000 | 4,773,723 | 0.4 | % | ||||||
Towd Point Mortgage Trust | ||||||||||
3.750%, 10/25/2056 (E)(F) | 5,580,000 | 5,587,508 | 0.4 | % | ||||||
Towd Point Mortgage Trust | ||||||||||
3.250%, 03/25/2058 (E)(F) | 4,647,954 | 4,600,312 | 0.3 | % | ||||||
OTHER SECURITIES | 148,827,580 | 11.2 | % | |||||||
TOTAL ASSET BACKED | ||||||||||
SECURITIES (Cost $170,662,697) | $ | 169,214,889 | ||||||||
SECURITIES LENDING COLLATERAL - 0.2% | ||||||||||
John Hancock Collateral | ||||||||||
Trust, 2.0600% (G)(H) | 314,359 | 3,144,717 | 0.2 | % | ||||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $3,144,851) | $ | 3,144,717 | ||||||||
SHORT-TERM INVESTMENTS - 3.1% | ||||||||||
Commercial paper - 0.2% | 2,657,489 | 0.2 | % | |||||||
Money market funds - 2.7% | ||||||||||
T. Rowe Price Government | ||||||||||
Reserve Fund, | ||||||||||
2.1583% (G) | 35,791,804 | 35,791,804 | 2.7 | % | ||||||
Repurchase agreement - 0.2% | 2,230,000 | 0.2 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | ||||||||||
$40,678,900) | $ | 40,679,293 | ||||||||
Total Investments (New Income Trust) (Cost | ||||||||||
$1,380,202,680) - 102.2% | $ | 1,361,203,219 | 102.2 | % | ||||||
Other assets and liabilities, net - (2.2)% | (29,265,996 | ) | (2.2 | %) | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,331,937,223 | 100.0 | % |
New Income Trust (continued)
Security Abbreviations and Legend
LIBOR | London Interbank Offered Rate |
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(D) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(E) | 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 $268,445,979 or 20.2% of the fund’s net assets as of 6-30-18. |
(F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(G) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
2-Year U.S. Treasury Note Futures | 804 | Long | Sep 2018 | $170,223,517 | $170,309,813 | $86,296 | |||||||
5-Year U.S. Treasury Note Futures | 412 | Long | Sep 2018 | 46,624,179 | 46,810,282 | 186,103 | |||||||
Ultra U.S. Treasury Bond Futures | 258 | Long | Sep 2018 | 40,479,351 | 41,167,125 | 687,774 | |||||||
10-Year U.S. Treasury Note Futures | 297 | Short | Sep 2018 | (35,589,634 | ) | (35,695,688 | ) | (106,054 | ) | ||||
10-Year Ultra U.S. Treasury Bond Futures | 603 | Short | Sep 2018 | (77,583,366 | ) | (77,325,328 | ) | 258,038 | |||||
$1,112,157 |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
BRL | 9,837,000 | USD | 2,570,861 | Deutsche Bank AG | 8/2/2018 | — | ($41,771 | ) | |||||||
BRL | 2,119,000 | USD | 547,602 | JPMorgan Chase Bank N.A. London | 8/2/2018 | — | (2,808 | ) | |||||||
HUF | 255,962,176 | USD | 913,124 | Bank of America N.A. | 7/13/2018 | — | (4,885 | ) | |||||||
HUF | 62,072,420 | USD | 220,916 | Citibank N.A. | 7/13/2018 | — | (663 | ) | |||||||
HUF | 138,199,802 | USD | 497,070 | Deutsche Bank AG | 7/13/2018 | — | (6,693 | ) | |||||||
HUF | 16,164,880 | USD | 58,248 | State Street Bank London | 7/13/2018 | — | (890 | ) | |||||||
MXN | 52,972,000 | USD | 2,670,135 | HSBC Bank USA | 8/24/2018 | — | (24,462 | ) | |||||||
USD | 1,143,201 | BRL | 3,986,000 | Deutsche Bank AG | 8/2/2018 | $118,402 | — | ||||||||
USD | 1,149,807 | BRL | 3,985,000 | Royal Bank of Canada (UK) | 8/2/2018 | 125,264 | — |
The accompanying notes are an integral part of the financial statements. | 30 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
New Income Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
USD | 1,148,729 | BRL | 3,985,000 | JPMorgan Chase Bank N.A. London | 8/2/2018 | $124,187 | — | ||||||||
USD | 1,735,251 | HUF | 435,817,000 | Bank of America N.A. | 7/13/2018 | 188,831 | — | ||||||||
USD | 1,733,491 | HUF | 435,817,000 | HSBC Bank USA | 7/13/2018 | 187,071 | — | ||||||||
USD | 676,779 | MXN | 13,243,000 | Canadian Imperial Bank of Commerce | 8/24/2018 | 15,360 | — | ||||||||
USD | 1,357,317 | MXN | 26,486,000 | Citibank N.A. | 8/24/2018 | 34,480 | — | ||||||||
USD | 678,159 | MXN | 13,243,000 | State Street Bank London | 8/24/2018 | 16,742 | — | ||||||||
$810,337 | ($82,172 | ) |
SWAPS
Credit default swaps - Buyer
Unamortized | |||||||||||||||||||||
upfront | |||||||||||||||||||||
USD | Pay | Fixed | payment | Unrealized | |||||||||||||||||
Counterparty (OTC)/ | Reference | Notional | notional | fixed | payment | Maturity | paid | appreciation | |||||||||||||
Centrally cleared | obligation | amount | Currency | amount | rate | frequency | date | (received) | (depreciation) | Value | |||||||||||
Centrally cleared | CDX.NA.HY.30 | 6,300,000 | USD | $6,300,000 | 5.000% | Quarterly | Jun 2023 | $(425,809 | ) | $(26,566 | ) | $(452,375 | ) | ||||||||
Centrally cleared | CDX.NA.HY.30 | 6,290,000 | USD | 6,290,000 | 5.000% | Quarterly | Jun 2023 | (394,853 | ) | 1,728 | (393,125 | ) | |||||||||
$12,590,000 | $(820,662 | ) | $(24,838 | ) | $(845,500 | ) |
Derivatives Currency Abbreviations
BRL | Brazilian Real |
HUF | Hungarian Forint |
MXN | Mexican Peso |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Select Bond Trust
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS - 39.2% | ||||||||||
U.S. Treasury Bonds - 9.7% | ||||||||||
2.750%, 11/15/2042 | $ | 285,130,000 | $ | 273,847,318 | 3.1 | % | ||||
3.000%, 02/15/2047 | 217,580,000 | 218,149,448 | 2.5 | % | ||||||
3.000%, 02/15/2048 (A) | 323,503,000 | 324,261,210 | 3.6 | % | ||||||
3.125%, 11/15/2041 | 42,755,000 | 43,877,319 | 0.5 | % | ||||||
860,135,295 | ||||||||||
U.S. Treasury Inflation | ||||||||||
Protected Securities - 0.4% | ||||||||||
0.375%, 07/15/2025 | 33,122,795 | 32,535,486 | 0.4 | % | ||||||
32,535,486 | ||||||||||
U.S. Treasury Notes - 6.9% | ||||||||||
1.750%, 01/31/2023 | 30,990,000 | 29,688,662 | 0.3 | % | ||||||
2.500%, 05/31/2020 | ||||||||||
to 06/30/2020 | 107,755,000 | 107,690,778 | 1.2 | % | ||||||
2.875%, 05/15/2028 | 480,233,000 | 480,983,364 | 5.4 | % | ||||||
618,362,804 | ||||||||||
Federal Home Loan | ||||||||||
Mortgage Corp. - 6.3% | ||||||||||
3.000%, 02/01/2043 | ||||||||||
to 12/01/2046 | 200,732,602 | 195,145,205 | 2.2 | % | ||||||
3.500%, 01/01/2029 | ||||||||||
to 11/01/2047 | 239,071,954 | 239,192,794 | 2.8 | % | ||||||
4.000%, 09/01/2041 | ||||||||||
to 03/01/2048 | 42,491,422 | 43,756,200 | 0.5 | % | ||||||
4.500%, 08/01/2040 | ||||||||||
to 10/01/2041 | 51,431,804 | 54,010,717 | 0.6 | % | ||||||
OTHER SECURITIES | 27,889,276 | 0.2 | % | |||||||
559,994,192 |
Select Bond Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS (continued) | ||||||||||
Federal National Mortgage | ||||||||||
Association - 15.7% | ||||||||||
3.000%, 09/01/2027 | ||||||||||
to 10/01/2047 | $ | 180,416,717 | $ | 175,849,311 | 2.0 | % | ||||
3.500%, 02/01/2026 | ||||||||||
to 11/01/2047 | 444,427,195 | 445,517,013 | 5.0 | % | ||||||
4.000%, 05/01/2025 | ||||||||||
to 04/01/2048 | 427,744,575 | 440,053,311 | 5.0 | % | ||||||
4.500%, 01/01/2027 | ||||||||||
to 05/01/2042 | 203,327,837 | 213,614,226 | 2.4 | % | ||||||
5.000%, 02/01/2033 | ||||||||||
to 12/01/2041 | 78,406,663 | 84,006,245 | 1.0 | % | ||||||
OTHER SECURITIES | 36,642,944 | 0.3 | % | |||||||
1,395,683,050 | ||||||||||
Government National | ||||||||||
Mortgage | ||||||||||
Association - 0.2% | 19,449,925 | 0.2 | % | |||||||
TOTAL U.S. GOVERNMENT AND AGENCY | ||||||||||
OBLIGATIONS (Cost $3,545,312,189) | $ | 3,486,160,752 | ||||||||
FOREIGN GOVERNMENT | ||||||||||
OBLIGATIONS - 0.2% | ||||||||||
Qatar - 0.1% | 8,383,323 | 0.1 | % | |||||||
Saudi Arabia - 0.1% | 8,152,825 | 0.1 | % | |||||||
TOTAL FOREIGN GOVERNMENT | ||||||||||
OBLIGATIONS (Cost $16,632,779) | $ | 16,536,148 |
The accompanying notes are an integral part of the financial statements. | 31 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Select Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE BONDS - 39.9% | |||||||||||
Consumer discretionary - 4.8% | |||||||||||
Expedia Group, Inc. | |||||||||||
5.000%, 02/15/2026 | $ | 23,905,000 | $ | 24,341,986 | 0.3 | % | |||||
Ford Motor Credit | |||||||||||
Company LLC | |||||||||||
5.875%, 08/02/2021 | 32,919,000 | 34,895,342 | 0.4 | % | |||||||
OTHER SECURITIES | 370,481,410 | 4.1 | % | ||||||||
429,718,738 | |||||||||||
Consumer staples - 1.4% | |||||||||||
Anheuser-Busch InBev | |||||||||||
Finance, Inc. | |||||||||||
4.900%, 02/01/2046 | 23,598,000 | 24,262,368 | 0.3 | % | |||||||
OTHER SECURITIES | 97,988,637 | 1.1 | % | ||||||||
122,251,005 | |||||||||||
Energy - 3.1% | 273,740,836 | 3.1 | % | ||||||||
Financials - 15.6% | |||||||||||
Bank of Montreal | |||||||||||
2.100%, 12/12/2019 | 28,170,000 | 27,834,072 | 0.3 | % | |||||||
Canadian Imperial Bank of | |||||||||||
Commerce | |||||||||||
2.700%, 02/02/2021 | 26,345,000 | 25,914,259 | 0.3 | % | |||||||
Capital One Bank USA NA | |||||||||||
2.300%, 06/05/2019 | 24,797,000 | 24,649,532 | 0.3 | % | |||||||
Credit Suisse AG | |||||||||||
2.300%, 05/28/2019 | 26,720,000 | 26,591,757 | 0.3 | % | |||||||
JPMorgan Chase & Co. | |||||||||||
(3.514% to 6-18-21, then 3 | |||||||||||
month LIBOR + 0.610%) | |||||||||||
06/18/2022 | 24,145,000 | 24,161,746 | 0.3 | % | |||||||
Lloyds Banking Group PLC | |||||||||||
4.450%, 05/08/2025 | 25,250,000 | 25,378,763 | 0.3 | % | |||||||
The Goldman Sachs | |||||||||||
Group, Inc. | |||||||||||
2.300%, 12/13/2019 | 30,020,000 | 29,723,102 | 0.3 | % | |||||||
UBS AG | |||||||||||
2.375%, 08/14/2019 | 24,940,000 | 24,784,554 | 0.3 | % | |||||||
Wells Fargo & Company, | |||||||||||
Series U (5.875% to | |||||||||||
6-15-25, then 3 month | |||||||||||
LIBOR + 3.990%) | |||||||||||
06/15/2025 (B) | 32,785,000 | 33,809,531 | 0.4 | % | |||||||
Wells Fargo Bank NA | |||||||||||
2.400%, 01/15/2020 | 27,130,000 | 26,868,273 | 0.3 | % | |||||||
OTHER SECURITIES | 1,118,563,431 | 12.5 | % | ||||||||
1,388,279,020 | |||||||||||
Health care - 2.6% | |||||||||||
Shire Acquisitions | |||||||||||
Investments Ireland DAC | |||||||||||
1.900%, 09/23/2019 | 25,205,000 | 24,819,616 | 0.3 | % | |||||||
OTHER SECURITIES | 211,337,472 | 2.3 | % | ||||||||
236,157,088 | |||||||||||
Industrials - 4.3% | 380,065,948 | 4.3 | % | ||||||||
Information technology - 3.8% | |||||||||||
Dell International LLC | |||||||||||
6.020%, 06/15/2026 (C) | 27,890,000 | 29,319,998 | 0.3 | % | |||||||
OTHER SECURITIES | 304,991,263 | 3.5 | % | ||||||||
334,311,261 | |||||||||||
Materials - 0.8% | 68,808,719 | 0.8 | % | ||||||||
Real estate - 1.2% | |||||||||||
Crown Castle Towers LLC | |||||||||||
4.883%, 08/15/2040 (C) | 25,984,000 | 26,649,305 | 0.3 | % | |||||||
OTHER SECURITIES | 81,907,310 | 0.9 | % | ||||||||
108,556,615 |
Select Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Telecommunication | |||||||||||
services - 0.9% | |||||||||||
Verizon | |||||||||||
Communications, Inc. | |||||||||||
4.862%, 08/21/2046 | $ | 29,860,000 | $ | 28,511,315 | 0.3 | % | |||||
OTHER SECURITIES | 50,587,502 | 0.6 | % | ||||||||
79,098,817 | |||||||||||
Utilities - 1.4% | 125,639,833 | 1.4 | % | ||||||||
TOTAL CORPORATE BONDS (Cost | |||||||||||
$3,601,709,877) | $ | 3,546,627,880 | |||||||||
CAPITAL PREFERRED | |||||||||||
SECURITIES - 0.1% | |||||||||||
Financials - 0.1% | 9,386,310 | 0.1 | % | ||||||||
TOTAL CAPITAL PREFERRED SECURITIES | |||||||||||
(Cost $8,438,177) | $ | 9,386,310 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 1.9% | |||||||||||
Commercial and | |||||||||||
residential - 0.4% | 33,044,295 | 0.4 | % | ||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 0.6% | 56,084,667 | 0.6 | % | ||||||||
Government National Mortgage | |||||||||||
Association - 0.9% | 78,434,364 | 0.9 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $172,707,783) | $ | 167,563,326 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 17.2% | |||||||||||
Ally Master Owner Trust | |||||||||||
2.700%, 01/17/2023 | 30,840,000 | 30,536,692 | 0.3 | % | |||||||
American Express Credit | |||||||||||
Account Master Trust | |||||||||||
1.930%, 09/15/2022 | 33,165,000 | 32,677,388 | 0.4 | % | |||||||
BA Credit Card Trust | |||||||||||
1.950%, 08/15/2022 | 43,335,000 | 42,674,046 | 0.5 | % | |||||||
Cabela’s Credit Card Master | |||||||||||
Note Trust | |||||||||||
1.780%, 06/15/2022 | 32,782,000 | 32,436,350 | 0.4 | % | |||||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
1.340%, 04/15/2022 | 28,125,000 | 27,758,332 | 0.3 | % | |||||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
2.000%, 01/17/2023 | 37,430,000 | 36,891,008 | 0.4 | % | |||||||
Chase Issuance Trust | |||||||||||
1.270%, 07/15/2021 | 49,755,000 | 49,035,115 | 0.6 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
1.750%, 11/19/2021 | 34,755,000 | 34,242,096 | 0.4 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
2.539%, 01/20/2023 | 33,740,000 | 33,313,456 | 0.4 | % | |||||||
Discover Card Execution | |||||||||||
Note Trust | |||||||||||
1.880%, 02/15/2023 | 40,130,000 | 39,293,871 | 0.4 | % | |||||||
Ford Credit Auto Owner | |||||||||||
Trust | |||||||||||
2.120%, 07/15/2026 (C) | 31,588,000 | 31,163,337 | 0.3 | % | |||||||
Goal Capital Funding Trust | |||||||||||
2.530%, 08/25/2044 (D) | 34,019,000 | 33,404,811 | 0.4 | % | |||||||
Huntington Auto Trust | |||||||||||
1.930%, 04/15/2022 | 29,905,000 | 29,461,476 | 0.3 | % |
The accompanying notes are an integral part of the financial statements. | 32 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Select Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
ASSET BACKED | |||||||||||
SECURITIES (continued) | |||||||||||
Nissan Auto Receivables | |||||||||||
Owner Trust | |||||||||||
1.500%, 09/15/2021 | $ | 42,370,000 | $ | 42,122,826 | 0.5 | % | |||||
SunTrust Student Loan Trust | |||||||||||
2.549%, 10/28/2037 (C)(D) | 32,516,377 | 32,130,418 | 0.4 | % | |||||||
OTHER SECURITIES | 1,004,792,227 | 11.2 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost | |||||||||||
$1,547,326,634) | $ | 1,531,933,449 | |||||||||
SECURITIES LENDING COLLATERAL - 1.4% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (E)(F) | 12,851,433 | 128,560,599 | 1.4 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $128,568,011) | $ | 128,560,599 | |||||||||
SHORT-TERM INVESTMENTS - 1.7% | |||||||||||
U.S. Government Agency - 1.7% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, | |||||||||||
1.600%, 07/02/2018 * | $ | 136,137,000 | 136,137,000 | 1.5 | % | ||||||
OTHER SECURITIES | 15,349,000 | 0.2 | % | ||||||||
151,486,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$151,479,299) | $ | 151,486,000 | |||||||||
Total Investments (Select Bond Trust) (Cost | |||||||||||
$9,172,174,749) - 101.6% | $ | 9,038,254,464 | 101.6 | % | |||||||
Other assets and liabilities, net - (1.6)% | (144,388,578 | ) | (1.6 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 8,893,865,886 | 100.0 | % |
Security Abbreviations and Legend
LIBOR | London Interbank Offered Rate | |
(A) | A portion of this security is on loan as of 6-30-18. | |
(B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. | |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $1,203,190,912 or 13.5% of the fund’s net assets as of 6-30-18. | |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. | |
(E) | The rate shown is the annualized seven-day yield as of 6-30-18. | |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. | |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
Short Term Government Income Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 94.8% | |||||||||||
U.S. Treasury | |||||||||||
Notes - 31.9% | |||||||||||
1.000%, 03/15/2019 | $ | 5,135,000 | $ | 5,090,269 | 1.8 | % | |||||
1.125%, 06/30/2021 | 4,693,000 | 4,490,064 | 1.5 | % | |||||||
1.250%, 04/30/2019 | |||||||||||
to 03/31/2021 | 25,075,000 | 24,658,173 | 8.5 | % | |||||||
1.375%, 09/30/2020 | 2,220,000 | 2,162,332 | 0.8 | % |
Short Term Government Income Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
U.S. Treasury | |||||||||||
Notes (continued) | |||||||||||
1.500%, 05/15/2020 | $ | 5,115,000 | $ | 5,019,493 | 1.7 | % | |||||
1.625%, 06/30/2020 | 22,850,000 | 22,443,877 | 7.7 | % | |||||||
1.750%, 11/30/2021 | 5,220,000 | 5,065,031 | 1.7 | % | |||||||
1.875%, 04/30/2022 | |||||||||||
to 07/31/2022 | 24,935,000 | 24,150,429 | 8.2 | % | |||||||
93,079,668 | |||||||||||
Federal Agricultural | |||||||||||
Mortgage Corp. - 16.2% | |||||||||||
0.970%, 07/26/2019 | 9,580,000 | 9,433,522 | 3.2 | % | |||||||
1.430%, 04/18/2019 | 6,000,000 | 5,957,610 | 2.0 | % | |||||||
1.640%, 04/17/2020 | 8,100,000 | 7,966,804 | 2.7 | % | |||||||
1.675%, 02/24/2020 | 5,240,000 | 5,166,420 | 1.8 | % | |||||||
1.750%, 06/15/2020 | 5,215,000 | 5,129,093 | 1.8 | % | |||||||
2.000%, 01/15/2021 | 13,945,000 | 13,713,527 | 4.7 | % | |||||||
47,366,976 | |||||||||||
Federal Farm Credit | |||||||||||
Bank - 10.1% | |||||||||||
1.290%, 07/13/2020 | 5,210,000 | 5,063,182 | 1.8 | % | |||||||
1.440%, 08/16/2021 | 6,720,000 | 6,426,249 | 2.2 | % | |||||||
1.680%, 04/05/2021 | 6,110,000 | 5,929,963 | 2.0 | % | |||||||
2.230%, 11/15/2022 | 7,220,000 | 7,031,601 | 2.4 | % | |||||||
2.840%, 09/20/2021 | 1,500,000 | 1,496,948 | 0.5 | % | |||||||
3.000%, 06/29/2022 | 3,470,000 | 3,470,010 | 1.2 | % | |||||||
29,417,953 | |||||||||||
Federal Home Loan | |||||||||||
Bank - 9.7% | |||||||||||
1.125%, 10/11/2019 | 3,295,000 | 3,238,511 | 1.1 | % | |||||||
1.550%, 10/26/2020 | 5,825,000 | 5,671,173 | 1.9 | % | |||||||
1.700%, 04/26/2021 | 6,250,000 | 6,077,425 | 2.1 | % | |||||||
1.750%, 07/13/2020 | 8,255,000 | 8,095,654 | 2.8 | % | |||||||
2.260%, 10/04/2022 | 5,310,000 | 5,208,903 | 1.8 | % | |||||||
28,291,666 | |||||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 9.3% | |||||||||||
1.250%, 07/26/2019 | 2,725,000 | 2,690,842 | 0.9 | % | |||||||
1.300%, 08/23/2019 | 4,405,000 | 4,349,528 | 1.5 | % | |||||||
1.765%, 06/26/2020 | 6,805,000 | 6,678,692 | 2.3 | % | |||||||
2.000%, 11/20/2020 | 4,940,000 | 4,861,118 | 1.7 | % | |||||||
3.000%, 07/01/2030 | |||||||||||
to 11/01/2030 | 3,425,265 | 3,416,160 | 1.1 | % | |||||||
3.500%, 04/01/2032 | 3,713,994 | 3,765,450 | 1.3 | % | |||||||
5.500%, 07/01/2040 | 1,426,433 | 1,555,906 | 0.5 | % | |||||||
OTHER SECURITIES | 791 | 0.0 | % | ||||||||
27,318,487 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 13.0% | |||||||||||
1.250%, 08/23/2019 | 4,380,000 | 4,315,413 | 1.5 | % | |||||||
1.950%, 11/09/2020 | 6,360,000 | 6,250,239 | 2.1 | % | |||||||
2.500%, 10/01/2027 | 1,600,795 | 1,572,954 | 0.5 | % | |||||||
3.000%, 03/01/2028 | |||||||||||
to 03/01/2031 | 20,385,339 | 20,383,476 | 7.0 | % | |||||||
3.500%, 12/01/2025 | |||||||||||
to 08/01/2031 | 3,643,945 | 3,698,776 | 1.3 | % | |||||||
5.500%, 03/01/2035 | |||||||||||
to 08/01/2040 | 941,351 | 1,023,198 | 0.4 | % | |||||||
6.500%, 01/01/2039 | 627,545 | 708,150 | 0.2 | % | |||||||
OTHER SECURITIES | 4,217 | 0.0 | % | ||||||||
37,956,423 |
The accompanying notes are an integral part of the financial statements. | 33 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Short Term Government Income Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 0.0% | $ | 349 | 0.0 | % | |||||||
Tennessee Valley | |||||||||||
Authority - 4.6% | |||||||||||
3.875%, 02/15/2021 | $ | 13,070,000 | 13,456,349 | 4.6 | % | ||||||
13,456,349 | |||||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $283,049,325) | $ | 276,887,871 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 3.5% | |||||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 1.6% | |||||||||||
0.313%, 04/25/2023 | 142,208,688 | 1,211,917 | 0.4 | % | |||||||
0.761%, 01/25/2022 | 20,641,114 | 397,207 | 0.1 | % | |||||||
1.324%, 03/25/2024 | 8,413,454 | 457,800 | 0.2 | % | |||||||
1.368%, 07/25/2022 | 11,570,960 | 484,020 | 0.2 | % | |||||||
1.488%, 12/25/2021 | 24,009,773 | 902,386 | 0.3 | % | |||||||
2.000%, 04/15/2031 | 721,292 | 709,641 | 0.2 | % | |||||||
OTHER SECURITIES | 559,422 | 0.2 | % | ||||||||
4,722,393 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 1.0% | |||||||||||
3.500%, 08/25/2043 | 1,222,025 | 1,232,425 | 0.4 | % | |||||||
4.000%, 03/25/2039 | 1,537,064 | 1,564,318 | 0.6 | % | |||||||
2,796,743 | |||||||||||
Government National Mortgage | |||||||||||
Association - 0.9% | 2,615,382 | 0.9 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $10,280,413) | $ | 10,134,518 | |||||||||
SHORT-TERM INVESTMENTS - 1.2% | |||||||||||
U.S. Government Agency - 1.2% | |||||||||||
Federal Agricultural | |||||||||||
Mortgage Corp. Discount | |||||||||||
Note, | |||||||||||
1.630%, 07/02/2018 * | $ | 345,000 | 345,000 | 0.1 | % | ||||||
Federal Home Loan Bank | |||||||||||
Discount Note, | |||||||||||
1.600%, 07/02/2018 * | 3,062,000 | 3,062,000 | 1.1 | % | |||||||
3,407,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$3,406,849) | $ | 3,407,000 | |||||||||
Total Investments (Short Term Government | |||||||||||
Income Trust) (Cost $296,736,587) - 99.5% | $ | 290,429,389 | 99.5 | % | |||||||
Other assets and liabilities, net - 0.5% | 1,456,961 | 0.5 | % | ||||||||
TOTAL NET ASSETS - 100.0% | $ | 291,886,350 | 100.0 | % |
Security Abbreviations and Legend
* | 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. |
Strategic Income Opportunities Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 19.7% | |||||||||||
Australia - 0.6% | $ | 3,287,243 | 0.6 | % | |||||||
Austria - 0.3% | 1,779,337 | 0.3 | % | ||||||||
Brazil - 1.6% | |||||||||||
Federative Republic of Brazil | |||||||||||
10.000% 01/01/2021 | |||||||||||
to 01/01/2023 | BRL | 35,550,000 | 9,082,653 | 1.6 | % | ||||||
Canada - 0.2% | 1,186,695 | 0.2 | % | ||||||||
Colombia - 0.9% | |||||||||||
Republic of Colombia | |||||||||||
7.000%, 05/04/2022 | COP | 7,382,000,000 | 2,623,910 | 0.5 | % | ||||||
OTHER SECURITIES | 2,275,385 | 0.4 | % | ||||||||
4,899,295 | |||||||||||
Finland - 0.3% | 1,742,784 | 0.3 | % | ||||||||
Hungary - 0.9% | |||||||||||
Republic of Hungary | |||||||||||
6.250%, 01/29/2020 | $ | 2,550,000 | 2,667,252 | 0.5 | % | ||||||
Republic of Hungary | |||||||||||
6.375%, 03/29/2021 | 2,258,000 | 2,412,244 | 0.4 | % | |||||||
5,079,496 | |||||||||||
India - 0.8% | |||||||||||
Republic of India | |||||||||||
7.800%, 04/11/2021 | INR | 200,000,000 | 2,921,842 | 0.5 | % | ||||||
OTHER SECURITIES | 1,293,377 | 0.3 | % | ||||||||
4,215,219 | |||||||||||
Indonesia - 3.5% | |||||||||||
Republic of Indonesia | |||||||||||
6.125%, 05/15/2028 | IDR | 35,952,000,000 | 2,226,615 | 0.4 | % | ||||||
Republic of Indonesia | |||||||||||
7.000% 05/15/2022 | |||||||||||
to 05/15/2027 | 48,224,000,000 | 3,239,575 | 0.6 | % | |||||||
Republic of Indonesia | |||||||||||
8.250%, 07/15/2021 | 29,860,000,000 | 2,118,781 | 0.4 | % | |||||||
Republic of Indonesia | |||||||||||
8.375% 03/15/2024 | |||||||||||
to 09/15/2026 | 52,790,000,000 | 3,755,657 | 0.6 | % | |||||||
OTHER SECURITIES | 8,115,110 | 1.5 | % | ||||||||
19,455,738 | |||||||||||
Ireland - 2.2% | |||||||||||
Republic of Ireland | |||||||||||
3.400%, 03/18/2024 | EUR | 4,217,000 | 5,841,906 | 1.1 | % | ||||||
Republic of Ireland | |||||||||||
3.900%, 03/20/2023 | 4,375,000 | 6,068,201 | 1.1 | % | |||||||
11,910,107 | |||||||||||
Malaysia - 1.6% | |||||||||||
Government of Malaysia | |||||||||||
4.059%, 09/30/2024 | MYR | 12,940,000 | 3,186,229 | 0.6 | % | ||||||
OTHER SECURITIES | 5,860,704 | 1.0 | % | ||||||||
9,046,933 | |||||||||||
Mexico - 1.8% | |||||||||||
Government of Mexico | |||||||||||
6.500%, 06/10/2021 | MXN | 48,740,000 | 2,375,861 | 0.4 | % | ||||||
Government of Mexico | |||||||||||
8.000% 06/11/2020 | |||||||||||
to 12/07/2023 | 50,246,500 | 2,554,097 | 0.4 | % | |||||||
Government of Mexico | |||||||||||
10.000%, 12/05/2024 | 35,852,000 | 2,027,184 | 0.4 | % | |||||||
OTHER SECURITIES | 3,074,435 | 0.6 | % | ||||||||
10,031,577 |
The accompanying notes are an integral part of the financial statements. | 34 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Income Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (continued) | |||||||||||
New Zealand - 0.7% | $ | 3,767,698 | 0.7 | % | |||||||
Norway - 1.3% | |||||||||||
Government of Norway | |||||||||||
3.750%, 05/25/2021 (A) | NOK | 26,605,000 | 3,511,634 | 0.6 | % | ||||||
Government of Norway | |||||||||||
4.500%, 05/22/2019 (A) | 15,572,000 | 1,975,353 | 0.4 | % | |||||||
OTHER SECURITIES | 1,907,731 | 0.3 | % | ||||||||
7,394,718 | |||||||||||
Philippines - 1.4% | 7,705,150 | 1.4 | % | ||||||||
Portugal - 0.9% | |||||||||||
Republic of Portugal | |||||||||||
3.850%, 04/15/2021 (A) | EUR | 2,065,000 | 2,663,722 | 0.5 | % | ||||||
Republic of Portugal | |||||||||||
5.125%, 10/15/2024 (A) | $ | 2,355,000 | 2,437,552 | 0.4 | % | ||||||
5,101,274 | |||||||||||
Singapore - 0.2% | 1,220,585 | 0.2 | % | ||||||||
South Korea - 0.0% | 74,271 | 0.0 | % | ||||||||
Sweden - 0.5% | |||||||||||
Kingdom of Sweden | |||||||||||
0.125%, 04/24/2023 (A) | EUR | 2,540,000 | 2,988,494 | 0.5 | % | ||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $122,093,427) | $ | 109,969,267 | |||||||||
CORPORATE BONDS - 44.8% | |||||||||||
Consumer discretionary - 6.5% | |||||||||||
New Red Finance, Inc. | |||||||||||
4.625%, 01/15/2022 (A) | $ | 1,985,000 | 1,985,000 | 0.4 | % | ||||||
OTHER SECURITIES | 34,293,101 | 6.1 | % | ||||||||
36,278,101 | |||||||||||
Consumer staples - 1.8% | 10,248,187 | 1.8 | % | ||||||||
Energy - 6.7% | |||||||||||
Antero Midstream | |||||||||||
Partners LP | |||||||||||
5.375%, 09/15/2024 | 2,070,000 | 2,085,525 | 0.4 | % | |||||||
Parsley Energy LLC | |||||||||||
5.375%, 01/15/2025 (A) | 2,125,000 | 2,109,063 | 0.4 | % | |||||||
OTHER SECURITIES | 33,257,750 | 5.9 | % | ||||||||
37,452,338 | |||||||||||
Financials - 13.8% | |||||||||||
American International | |||||||||||
Group, Inc. (8.175% to | |||||||||||
5-15-38, then 3 month | |||||||||||
LIBOR + 4.195%) | |||||||||||
05/15/2068 | 2,395,000 | 3,017,700 | 0.5 | % | |||||||
European Financial Stability | |||||||||||
Facility | |||||||||||
0.125%, 10/17/2023 | EUR | 1,865,000 | 2,177,723 | 0.4 | % | ||||||
Fifth Third Bancorp (5.100% | |||||||||||
to 6-30-23, then 3 month | |||||||||||
LIBOR + 3.033%) | |||||||||||
06/30/2023 (B) | $ | 2,410,000 | 2,372,573 | 0.4 | % | ||||||
Inter-American Development | |||||||||||
Bank | |||||||||||
6.500%, 08/20/2019 | AUD | 2,705,000 | 2,097,677 | 0.4 | % | ||||||
International Bank for | |||||||||||
Reconstruction & | |||||||||||
Development | |||||||||||
3.375%, 01/25/2022 | NZD | 2,927,000 | 2,030,174 | 0.4 | % | ||||||
International Bank for | |||||||||||
Reconstruction & | |||||||||||
Development | |||||||||||
3.500%, 01/22/2021 | 2,925,000 | 2,032,008 | 0.4 | % |
Strategic Income Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Financials (continued) | |||||||||||
International Finance Corp. | |||||||||||
6.450%, 10/30/2018 | INR | 136,280,000 | $ | 1,979,910 | 0.4 | % | |||||
JPMorgan Chase & Co. | |||||||||||
4.250%, 11/02/2018 | NZD | 3,255,000 | 2,215,921 | 0.4 | % | ||||||
KFW | |||||||||||
2.125%, 08/15/2023 | EUR | 1,945,000 | 2,516,136 | 0.4 | % | ||||||
KFW | |||||||||||
6.000%, 08/20/2020 | AUD | 2,925,000 | 2,328,807 | 0.4 | % | ||||||
Swiss Insured Brazil Power | |||||||||||
Finance Sarl | |||||||||||
9.850%, 07/16/2032 (A) | BRL | 10,945,000 | 2,612,172 | 0.5 | % | ||||||
Synovus Financial Corp. | |||||||||||
(5.750% to 12-15-20, then | |||||||||||
3 month LIBOR + | |||||||||||
4.182%) | |||||||||||
12/15/2025 | $ | 2,275,000 | 2,354,625 | 0.4 | % | ||||||
OTHER SECURITIES | 49,328,188 | 8.8 | % | ||||||||
77,063,614 | |||||||||||
Health care - 2.4% | 13,515,033 | 2.4 | % | ||||||||
Industrials - 4.1% | |||||||||||
AECOM | |||||||||||
5.125%, 03/15/2027 | 2,655,000 | 2,502,338 | 0.4 | % | |||||||
Mexico City Airport Trust | |||||||||||
3.875%, 04/30/2028 (A) | 3,510,000 | 3,186,378 | 0.6 | % | |||||||
Mexico City Airport Trust | |||||||||||
4.250%, 10/31/2026 (A) | 2,820,000 | 2,657,850 | 0.5 | % | |||||||
Mexico City Airport Trust | |||||||||||
5.500% 10/31/2046 | |||||||||||
to 07/31/2047 (A) | 6,765,000 | 6,008,801 | 1.1 | % | |||||||
OTHER SECURITIES | 8,311,883 | 1.5 | % | ||||||||
22,667,250 | |||||||||||
Information technology - 2.4% | 13,253,265 | 2.4 | % | ||||||||
Materials - 3.4% | |||||||||||
Ball Corp. | |||||||||||
5.250%, 07/01/2025 | 1,960,000 | 1,999,200 | 0.3 | % | |||||||
Southern Copper Corp. | |||||||||||
3.875%, 04/23/2025 | 2,040,000 | 2,007,300 | 0.4 | % | |||||||
OTHER SECURITIES | 14,772,110 | 2.7 | % | ||||||||
18,778,610 | |||||||||||
Real estate - 0.8% | |||||||||||
Equinix, Inc. | |||||||||||
5.375%, 05/15/2027 | 2,395,000 | 2,389,013 | 0.4 | % | |||||||
OTHER SECURITIES | 1,983,570 | 0.4 | % | ||||||||
4,372,583 | |||||||||||
Telecommunication | |||||||||||
services - 0.7% | 3,786,073 | 0.7 | % | ||||||||
Utilities - 2.2% | |||||||||||
Emera US Finance LP | |||||||||||
3.550%, 06/15/2026 | 2,415,000 | 2,273,095 | 0.4 | % | |||||||
NextEra Energy Operating | |||||||||||
Partners LP | |||||||||||
4.500%, 09/15/2027 (A) | 2,370,000 | 2,215,950 | 0.4 | % | |||||||
OTHER SECURITIES | 7,786,921 | 1.4 | % | ||||||||
12,275,966 | |||||||||||
TOTAL CORPORATE BONDS (Cost | |||||||||||
$257,595,999) | $ | 249,691,020 |
The accompanying notes are an integral part of the financial statements. | 35 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Income Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CONVERTIBLE BONDS - 3.0% | |||||||||||
Consumer | |||||||||||
discretionary - 0.9% | $ | 4,838,427 | 0.9 | % | |||||||
Consumer staples - 0.1% | 678,737 | 0.1 | % | ||||||||
Energy - 0.2% | 1,213,148 | 0.2 | % | ||||||||
Financials - 0.1% | 628,260 | 0.1 | % | ||||||||
Health care - 0.8% | 4,416,497 | 0.8 | % | ||||||||
Industrials - 0.2% | 1,174,846 | 0.2 | % | ||||||||
Information | |||||||||||
technology - 0.3% | 1,777,873 | 0.3 | % | ||||||||
Utilities - 0.4% | 2,207,936 | 0.4 | % | ||||||||
TOTAL CONVERTIBLE BONDS (Cost | |||||||||||
$15,643,811) | $ | 16,935,724 | |||||||||
CAPITAL PREFERRED | |||||||||||
SECURITIES - 1.9% | |||||||||||
Financials - 1.9% | 10,606,501 | 1.9 | % | ||||||||
TOTAL CAPITAL PREFERRED SECURITIES | |||||||||||
(Cost $10,518,964) | $ | 10,606,501 | |||||||||
TERM LOANS (C) - 10.6% | |||||||||||
Consumer | |||||||||||
discretionary - 3.4% | |||||||||||
Charter Communications | |||||||||||
Operating LLC (1 month | |||||||||||
LIBOR + 2.000%) | |||||||||||
4.100%, 04/30/2025 | $ | 2,048,204 | 2,043,718 | 0.4 | % | ||||||
OTHER SECURITIES | 16,650,588 | 3.0 | % | ||||||||
18,694,306 | |||||||||||
Consumer staples - 0.9% | |||||||||||
Revlon Consumer Products | |||||||||||
Corp. (1 month LIBOR + | |||||||||||
3.500%) | |||||||||||
5.594%, 09/07/2023 | 3,397,709 | 2,616,236 | 0.4 | % | |||||||
OTHER SECURITIES | 2,531,941 | 0.5 | % | ||||||||
5,148,177 | |||||||||||
Energy - 0.2% | 1,271,025 | 0.2 | % | ||||||||
Financials - 0.5% | 2,766,474 | 0.5 | % | ||||||||
Health care - 0.4% | 2,405,614 | 0.4 | % | ||||||||
Industrials - 0.8% | 4,352,205 | 0.8 | % | ||||||||
Information | |||||||||||
technology - 2.4% | 13,000,883 | 2.4 | % | ||||||||
Materials - 1.0% | 5,745,876 | 1.0 | % | ||||||||
Telecommunication | |||||||||||
services - 1.0% | 5,405,270 | 1.0 | % | ||||||||
TOTAL TERM LOANS (Cost $59,260,485) | $ | 58,789,830 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 5.1% | |||||||||||
Commercial and | |||||||||||
residential - 4.8% | 26,468,626 | 4.8 | % | ||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 0.2% | 1,235,924 | 0.2 | % | ||||||||
Federal National Mortgage | |||||||||||
Association - 0.1% | 614,289 | 0.1 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $28,335,754) | $ | 28,318,839 |
Strategic Income Opportunities Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 4.1% | |||||||||||
DB Master Finance LLC | |||||||||||
3.980%, 02/20/2045 (A) | $ | 2,070,450 | $ | 2,075,812 | 0.4 | % | |||||
OTHER SECURITIES | 20,610,471 | 3.7 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $22,314,751) | $ | 22,686,283 | |||||||||
COMMON STOCKS - 3.4% | |||||||||||
Consumer | |||||||||||
discretionary - 0.0% | 0 | 0.0 | % | ||||||||
Financials - 3.3% | |||||||||||
JPMorgan Chase & Co. | 21,974 | 2,289,691 | 0.4 | % | |||||||
OTHER SECURITIES | 15,870,621 | 2.9 | % | ||||||||
18,160,312 | |||||||||||
Industrials - 0.1% | 518,954 | 0.1 | % | ||||||||
TOTAL COMMON STOCKS (Cost $18,297,767) | $ | 18,679,266 | |||||||||
PREFERRED | |||||||||||
SECURITIES - 5.4% | |||||||||||
Energy - 0.4% | 2,516,879 | 0.4 | % | ||||||||
Financials - 3.1% | |||||||||||
U.S. Bancorp (Greater of 3 | |||||||||||
month LIBOR + 1.020% | |||||||||||
or 3.500%), 3.500% (D) | 2,829 | 2,602,708 | 0.5 | % | |||||||
OTHER SECURITIES | 14,534,566 | 2.6 | % | ||||||||
17,137,274 | |||||||||||
Health care - 0.3% | 1,774,786 | 0.3 | % | ||||||||
Industrials - 0.6% | 3,257,183 | 0.6 | % | ||||||||
Real estate - 0.3% | 1,513,039 | 0.3 | % | ||||||||
Utilities - 0.7% | 3,969,598 | 0.7 | % | ||||||||
TOTAL PREFERRED SECURITIES (Cost | |||||||||||
$29,260,580) | $ | 30,168,759 | |||||||||
WARRANTS - 0.2% | 1,023,250 | 0.2 | % | ||||||||
TOTAL WARRANTS (Cost $835,580) | $ | 1,023,250 | |||||||||
PURCHASED OPTIONS - 0.2% | |||||||||||
Calls - 0.1% | 606,934 | 0.1 | % | ||||||||
Puts - 0.1% | 491,587 | 0.1 | % | ||||||||
TOTAL PURCHASED OPTIONS (Cost | |||||||||||
$4,414,905) | $ | 1,098,521 | |||||||||
SHORT-TERM INVESTMENTS - 0.7% | |||||||||||
U.S. Government Agency - 0.7% | |||||||||||
Federal Home Loan Bank | |||||||||||
Discount Note, | |||||||||||
1.600%, 07/02/2018 * | $ | 3,753,000 | 3,753,000 | 0.6 | % | ||||||
OTHER SECURITIES | 423,000 | 0.1 | % | ||||||||
4,176,000 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$4,175,815) | $ | 4,176,000 | |||||||||
Total Investments (Strategic Income | |||||||||||
Opportunities Trust) (Cost $572,747,838) - | |||||||||||
99.1% | $ | 552,143,260 | 99.1 | % | |||||||
Other assets and liabilities, net - 0.9% | 5,222,999 | 0.9 | % | ||||||||
TOTAL NET ASSETS - 100.0% | $ | 557,366,259 | 100.0 | % |
Currency Abbreviations
AUD | Australian Dollar | |
BRL | Brazilian Real | |
COP | Colombian Peso | |
EUR | Euro | |
IDR | Indonesian Rupiah |
The accompanying notes are an integral part of the financial statements. | 36 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Income Opportunities Trust (continued)
INR | Indian Rupee | |
MXN | Mexican Peso | |
MYR | Malaysian Ringgit | |
NOK | Norwegian Krone | |
NZD | New Zealand Dollar |
Security Abbreviations and Legend
LIBOR | London Interbank Offered 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 $157,932,459 or 28.3% of the fund’s net assets as of 6-30-18. |
Strategic Income Opportunities Trust (continued)
(B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. | |
(C) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. | |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. | |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||||
2-Year U.S. Treasury Note Futures | 169 | Long | Sep 2018 | $35,817,706 | $35,798,953 | $(18,753 | ) | ||||||||
10-Year U.S. Treasury Note Futures | 257 | Short | Sep 2018 | (30,724,908 | ) | (30,888,188 | ) | (163,280 | ) | ||||||
10-Year Ultra U.S. Treasury Bond Futures | 71 | Short | Sep 2018 | (9,027,353 | ) | (9,104,641 | ) | (77,288 | ) | ||||||
5-Year U.S. Treasury Note Futures | 331 | Short | Sep 2018 | (37,541,839 | ) | (37,607,289 | ) | (65,450 | ) | ||||||
German Euro BUND Futures | 255 | Short | Sep 2018 | (47,920,561 | ) | (48,405,603 | ) | (485,042 | ) | ||||||
U.S. Treasury Long Bond Futures | 80 | Short | Sep 2018 | (11,463,630 | ) | (11,600,000 | ) | (136,370 | ) | ||||||
$(946,183 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
FORWARD FOREIGN CURRENCY CONTRACTS
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
AUD | 15,818,404 | EUR | 10,220,000 | State Street Bank and Trust Company | 9/19/2018 | — | ($295,373 | ) | |||||||
AUD | 3,245,000 | JPY | 262,205,735 | Australia and New Zealand Banking Group | 9/19/2018 | $20,962 | — | ||||||||
AUD | 3,105,000 | JPY | 250,620,075 | Bank of America, N.A. | 9/19/2018 | 22,539 | — | ||||||||
AUD | 3,090,000 | JPY | 249,468,060 | Citibank N.A. | 9/19/2018 | 21,897 | — | ||||||||
AUD | 3,190,000 | JPY | 258,833,410 | Goldman Sachs Bank USA | 9/19/2018 | 10,873 | — | ||||||||
AUD | 3,170,000 | JPY | 255,438,600 | UBS AG | 9/19/2018 | 26,897 | — | ||||||||
AUD | 14,420,000 | USD | 10,655,140 | HSBC Bank USA | 9/19/2018 | 18,917 | — | ||||||||
AUD | 793,266 | USD | 601,091 | State Street Bank and Trust Company | 9/19/2018 | — | (13,895 | ) | |||||||
BRL | 48,808,469 | USD | 12,843,320 | Citibank N.A. | 9/19/2018 | — | (350,502 | ) | |||||||
CAD | 8,265,754 | USD | 6,240,000 | Citibank N.A. | 9/19/2018 | 55,683 | — | ||||||||
CAD | 24,549,778 | USD | 18,936,520 | Goldman Sachs Bank USA | 9/19/2018 | — | (237,970 | ) | |||||||
CAD | 8,336,106 | USD | 6,450,000 | Royal Bank of Canada | 9/19/2018 | — | (100,733 | ) | |||||||
EUR | 19,595,000 | SEK | 198,961,752 | Citibank N.A. | 9/19/2018 | 671,467 | — | ||||||||
EUR | 1,622,500 | SEK | 16,415,136 | Goldman Sachs Bank USA | 9/19/2018 | 62,252 | — | ||||||||
EUR | 1,947,000 | SEK | 19,686,635 | JPMorgan Chase Bank N.A. | 9/19/2018 | 75,997 | — | ||||||||
EUR | 25,610,000 | USD | 30,172,023 | Citibank N.A. | 9/19/2018 | — | (90,132 | ) | |||||||
EUR | 13,490,000 | USD | 15,972,419 | JPMorgan Chase Bank N.A. | 9/19/2018 | — | (126,862 | ) | |||||||
EUR | 6,430,000 | USD | 7,564,091 | Standard Chartered Bank | 9/19/2018 | — | (11,317 | ) | |||||||
JPY | 787,972,182 | AUD | 9,605,000 | Australia and New Zealand Banking Group | 9/19/2018 | 45,647 | — | ||||||||
JPY | 502,323,180 | AUD | 6,195,000 | HSBC Bank USA | 9/19/2018 | — | (24,140 | ) | |||||||
MXN | 332,737,300 | USD | 16,058,750 | Goldman Sachs Bank USA | 9/19/2018 | 493,064 | — | ||||||||
NOK | 29,268,487 | EUR | 3,095,000 | UBS AG | 9/19/2018 | — | (30,643 | ) | |||||||
NZD | 1,905,000 | USD | 1,335,524 | Australia and New Zealand Banking Group | 9/19/2018 | — | (45,171 | ) | |||||||
SEK | 162,539,704 | EUR | 15,866,008 | Goldman Sachs Bank USA | 9/19/2018 | — | (381,846 | ) | |||||||
SEK | 289,869,295 | EUR | 28,389,801 | JPMorgan Chase Bank N.A. | 9/19/2018 | — | (792,272 | ) | |||||||
SEK | 195,938,926 | EUR | 19,220,000 | State Street Bank and Trust Company | 9/19/2018 | — | (570,474 | ) | |||||||
SEK | 33,360,704 | EUR | 3,270,000 | U.S. Bank | 9/19/2018 | — | (94,298 | ) | |||||||
SEK | 32,393,577 | EUR | 3,160,000 | UBS AG | 9/19/2018 | — | (73,707 | ) | |||||||
SGD | 108,000 | USD | 81,125 | State Street Bank and Trust Company | 9/19/2018 | — | (1,728 | ) | |||||||
USD | 16,923,845 | AUD | 22,051,618 | Australia and New Zealand Banking Group | 9/19/2018 | 600,666 | — | ||||||||
USD | 4,795,831 | AUD | 6,300,000 | Citibank N.A. | 9/19/2018 | 132,408 | — | ||||||||
USD | 7,202,055 | AUD | 9,450,000 | HSBC Bank USA | 9/19/2018 | 206,920 | — | ||||||||
USD | 18,874,110 | AUD | 25,660,000 | Standard Chartered Bank | 9/19/2018 | — | (120,086 | ) |
The accompanying notes are an integral part of the financial statements. | 37 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Strategic Income Opportunities Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contractual | |||||||||||||||
settlement | Unrealized | Unrealized | |||||||||||||
Contract to buy | Contract to sell | Counterparty (OTC) | date | appreciation | depreciation | ||||||||||
USD | 7,510,000 | BRL | 28,895,194 | Citibank N.A. | 9/19/2018 | $114,103 | — | ||||||||
USD | 12,379,767 | BRL | 48,808,469 | State Street Bank and Trust Company | 9/19/2018 | — | ($113,051 | ) | |||||||
USD | 835,578 | CAD | 1,098,564 | Toronto Dominion Bank | 7/5/2018 | — | (89 | ) | |||||||
USD | 1,577,811 | DKK | 9,980,000 | UBS AG | 9/19/2018 | 3,931 | — | ||||||||
USD | 3,733,775 | EUR | 3,145,000 | Australia and New Zealand Banking Group | 9/19/2018 | 39,611 | — | ||||||||
USD | 11,386,679 | EUR | 9,637,721 | Goldman Sachs Bank USA | 9/19/2018 | 66,067 | — | ||||||||
USD | 3,732,086 | EUR | 3,175,000 | HSBC Bank USA | 9/19/2018 | 2,683 | — | ||||||||
USD | 4,290,701 | EUR | 3,642,279 | JPMorgan Chase Bank N.A. | 9/19/2018 | 12,426 | — | ||||||||
USD | 3,826,461 | EUR | 3,215,000 | Standard Chartered Bank | 9/19/2018 | 50,074 | — | ||||||||
USD | 4,017,265 | EUR | 3,385,000 | State Street Bank and Trust Company | 9/19/2018 | 41,193 | — | ||||||||
USD | 3,736,578 | EUR | 3,175,000 | UBS AG | 9/19/2018 | 7,175 | — | ||||||||
USD | 4,040,386 | GBP | 3,010,000 | HSBC Bank USA | 9/19/2018 | 54,244 | — | ||||||||
USD | 1,591,976 | JPY | 173,435,071 | Standard Chartered Bank | 9/19/2018 | 17,025 | — | ||||||||
USD | 18,209,611 | MXN | 379,673,373 | Citibank N.A. | 9/19/2018 | — | (677,010 | ) | |||||||
USD | 3,772,610 | MXN | 77,394,693 | State Street Bank and Trust Company | 9/19/2018 | — | (77,342 | ) | |||||||
USD | 755,000 | MXN | 15,132,401 | UBS AG | 9/19/2018 | 2,248 | — | ||||||||
USD | 14,711,652 | NZD | 21,000,000 | Australia and New Zealand Banking Group | 9/19/2018 | 487,291 | — | ||||||||
USD | 362,849 | SGD | 483,732 | HSBC Bank USA | 9/19/2018 | 7,228 | — | ||||||||
$3,371,488 | ($4,228,641 | ) |
WRITTEN OPTIONS
Foreign currency options
Exercise | Expiration | Notional | |||||||||||||||
Description | Counterparty (OTC) | price | date | amount* | Premium | Value | |||||||||||
Puts | |||||||||||||||||
Euro Dollar versus Swedish Krona | U.S. Bank | EUR | 10.28 | Jul 2018 | 26,080,000 | $ | 19,135 | $ | (30 | ) | |||||||
U.S. Dollar versus Canadian Dollar | Federal Reserve Bank of Boston | USD | 1.32 | Jul 2018 | 13,055,000 | 28,577 | (82,403 | ) | |||||||||
U.S. Dollar versus Canadian Dollar | U.S. Bank | USD | 1.20 | Mar 2019 | 13,405,000 | 161,101 | (32,655 | ) | |||||||||
$ | 208,813 | $ | (115,088 | ) |
* For this type of option, notional amounts are equivalent to number of contracts.
Derivatives Currency Abbreviations
AUD | Australian Dollar | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
DKK | Danish Krone | |
EUR | Euro | |
GBP | Pound Sterling | |
JPY | Japanese Yen | |
MXN | Mexican Peso | |
NOK | Norwegian Krone | |
NZD | New Zealand Dollar | |
SEK | Swedish Krona | |
SGD | Singapore Dollar | |
USD | U.S. Dollar |
OTC is an abbreviation for over-the-counter. See Notes to financial statements regarding investment transactions and other derivatives information.
Total Bond Market Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 67.5% | |||||||||||
U.S. Treasury Bonds - 9.5% | |||||||||||
2.750%, 08/15/2047 | $ | 3,000,000 | $ | 2,859,727 | 0.5 | % | |||||
3.000%, 02/15/2047 | |||||||||||
to 02/15/2048 | 22,185,000 | 22,242,516 | 3.9 | % | |||||||
4.250%, 05/15/2039 | |||||||||||
to 11/15/2040 | 4,610,000 | 5,559,893 | 1.0 | % | |||||||
4.375%, 05/15/2041 | 1,830,000 | 2,257,548 | 0.4 | % | |||||||
4.625%, 02/15/2040 | 5,000,000 | 6,338,281 | 1.1 | % |
Total Bond Market Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
U.S. Treasury | |||||||||||
Bonds (continued) | |||||||||||
4.750%, 02/15/2041 | $ | 2,000,000 | $ | 2,589,219 | 0.5 | % | |||||
7.875%, 02/15/2021 | 3,400,000 | 3,851,961 | 0.7 | % | |||||||
8.750%, 08/15/2020 | 5,750,000 | 6,479,307 | 1.1 | % | |||||||
OTHER SECURITIES | 1,628,977 | 0.3 | % | ||||||||
53,807,429 |
The accompanying notes are an integral part of the financial statements. | 38 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Total Bond Market Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
U.S. Treasury | |||||||||||
Notes - 28.3% | |||||||||||
1.250%, 04/30/2019 | |||||||||||
to 01/31/2020 | $ | 2,000,000 | $ | 1,971,953 | 0.4 | % | |||||
1.375%, 09/30/2018 | |||||||||||
to 10/31/2020 | 31,400,000 | 30,565,839 | 5.5 | % | |||||||
1.500%, 01/31/2019 | |||||||||||
to 02/28/2019 | 7,700,000 | 7,665,149 | 1.3 | % | |||||||
1.500%, 03/31/2019 (A) | 4,500,000 | 4,473,984 | 0.8 | % | |||||||
1.625%, 06/30/2019 | |||||||||||
to 07/31/2020 | 30,300,000 | 29,865,899 | 5.4 | % | |||||||
1.750%, 09/30/2019 | 7,000,000 | 6,941,211 | 1.2 | % | |||||||
2.000%, 11/15/2021 | |||||||||||
to 02/15/2022 | 29,400,000 | 28,768,305 | 5.1 | % | |||||||
2.250%, 02/15/2021 | |||||||||||
to 11/15/2027 | 23,595,000 | 22,584,374 | 4.0 | % | |||||||
2.625%, 02/28/2023 | 3,000,000 | 2,987,109 | 0.5 | % | |||||||
2.750%, 02/15/2019 | |||||||||||
to 04/30/2023 | 10,500,000 | 10,523,926 | 1.8 | % | |||||||
3.125%, 05/15/2021 | 13,100,000 | 13,279,613 | 2.3 | % | |||||||
159,627,362 | |||||||||||
Federal Home Loan | |||||||||||
Bank - 0.1% | 247,789 | 0.1 | % | ||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 7.5% | |||||||||||
2.500%, 04/01/2031 | 2,195,341 | 2,135,377 | 0.4 | % | |||||||
2.500%, TBA (B) | 3,000,000 | 2,912,551 | 0.5 | % | |||||||
3.000%, 07/01/2032 | |||||||||||
to 08/01/2046 | 6,862,478 | 6,703,960 | 1.2 | % | |||||||
3.000%, TBA (B) | 5,000,000 | 4,838,148 | 0.9 | % | |||||||
3.500%, 12/01/2025 | |||||||||||
to 03/01/2045 | 4,618,536 | 4,633,717 | 0.8 | % | |||||||
3.500%, TBA (B) | 4,300,000 | 4,276,175 | 0.8 | % | |||||||
4.000%, 02/01/2024 | |||||||||||
to 09/01/2047 | 5,506,767 | 5,628,649 | 1.1 | % | |||||||
4.500%, 05/01/2024 | |||||||||||
to 11/01/2041 | 2,337,423 | 2,451,519 | 0.6 | % | |||||||
5.000%, TBA (B) | 2,300,000 | 2,429,496 | 0.4 | % | |||||||
OTHER SECURITIES | 6,395,281 | 0.8 | % | ||||||||
42,404,873 | |||||||||||
Federal National Mortgage | |||||||||||
Association - 13.7% | |||||||||||
2.500%, TBA (B) | 4,000,000 | 3,888,088 | 0.7 | % | |||||||
3.000%, 01/01/2027 | |||||||||||
to 07/01/2046 | 15,168,127 | 14,879,054 | 2.6 | % | |||||||
3.000%, TBA (B) | 11,400,000 | 11,039,883 | 2.0 | % | |||||||
3.500%, 12/01/2025 | |||||||||||
to 07/01/2046 | 20,127,079 | 20,178,305 | 3.6 | % | |||||||
3.500%, TBA (B) | 3,000,000 | 2,985,136 | 0.5 | % | |||||||
4.000%, 08/01/2020 | |||||||||||
to 04/01/2047 | 11,002,823 | 11,284,698 | 2.2 | % | |||||||
4.500%, 12/01/2020 | |||||||||||
to 06/01/2041 | 3,400,539 | 3,567,894 | 0.6 | % | |||||||
5.000%, 12/01/2018 | |||||||||||
to 07/01/2039 | 1,649,139 | 1,759,739 | 0.3 | % | |||||||
7.250%, 05/15/2030 | 1,450,000 | 2,024,655 | 0.4 | % | |||||||
OTHER SECURITIES | 5,796,576 | 0.8 | % | ||||||||
77,404,028 |
Total Bond Market Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (continued) | |||||||||||
Financing Corp. - 0.1% | $ | 724,259 | 0.1 | % | |||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 8.2% | |||||||||||
3.000%, 08/15/2043 | |||||||||||
to 06/20/2047 | $ | 7,782,081 | 7,634,036 | 1.3 | % | ||||||
3.000%, TBA (B) | 5,000,000 | 4,894,553 | 0.9 | % | |||||||
3.500%, 04/15/2042 | |||||||||||
to 02/20/2047 | 16,383,331 | 16,503,959 | 3.0 | % | |||||||
3.500%, TBA (B) | 2,800,000 | 2,807,155 | 0.5 | % | |||||||
4.000%, 11/15/2026 | |||||||||||
to 01/20/2048 | 9,524,668 | 9,799,991 | 1.9 | % | |||||||
4.500%, 05/15/2019 | |||||||||||
to 10/20/2040 | 1,589,547 | 1,673,315 | 0.3 | % | |||||||
OTHER SECURITIES | 2,836,030 | 0.3 | % | ||||||||
46,149,039 | |||||||||||
Tennessee Valley | |||||||||||
Authority - 0.1% | 720,692 | 0.1 | % | ||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $387,657,186) | $ | 381,085,471 | |||||||||
FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS - 1.8% | |||||||||||
Brazil - 0.3% | 1,523,340 | 0.3 | % | ||||||||
Canada - 0.3% | 1,566,093 | 0.3 | % | ||||||||
Chile - 0.1% | 519,045 | 0.1 | % | ||||||||
Colombia - 0.1% | 561,275 | 0.1 | % | ||||||||
Israel - 0.2% | 1,049,558 | 0.2 | % | ||||||||
Italy - 0.0% | 331,920 | 0.0 | % | ||||||||
Mexico - 0.2% | 1,025,325 | 0.2 | % | ||||||||
Panama - 0.1% | 453,250 | 0.1 | % | ||||||||
Peru - 0.1% | 435,655 | 0.1 | % | ||||||||
Philippines - 0.2% | 1,010,953 | 0.2 | % | ||||||||
Poland - 0.0% | 113,906 | 0.0 | % | ||||||||
South Africa - 0.1% | 758,743 | 0.1 | % | ||||||||
Turkey - 0.1% | 739,268 | 0.1 | % | ||||||||
TOTAL FOREIGN GOVERNMENT | |||||||||||
OBLIGATIONS (Cost $10,343,325) | $ | 10,088,331 | |||||||||
CORPORATE BONDS - 26.0% | |||||||||||
Consumer discretionary - 2.5% | 14,251,307 | 2.5 | % | ||||||||
Consumer staples - 1.4% | 7,688,437 | 1.4 | % | ||||||||
Energy - 2.6% | 14,948,251 | 2.6 | % | ||||||||
Financials - 8.4% | |||||||||||
Capital One Financial Corp. | |||||||||||
3.200%, 02/05/2025 | 2,000,000 | 1,877,011 | 0.3 | % | |||||||
European Investment Bank | |||||||||||
1.750%, 06/17/2019 | 1,750,000 | 1,737,740 | 0.3 | % | |||||||
Wells Fargo & Company | |||||||||||
5.375%, 02/07/2035 | 1,500,000 | 1,658,167 | 0.3 | % | |||||||
OTHER SECURITIES | 42,063,829 | 7.5 | % | ||||||||
47,336,747 |
The accompanying notes are an integral part of the financial statements. | 39 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Total Bond Market Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Health care - 2.4% | $ | 13,405,286 | 2.4 | % | |||||||
Industrials - 1.7% | 9,840,358 | 1.7 | % | ||||||||
Information technology - 2.5% | 14,399,201 | 2.5 | % | ||||||||
Materials - 0.9% | 4,997,653 | 0.9 | % | ||||||||
Real estate - 0.6% | 3,138,765 | 0.6 | % | ||||||||
Telecommunication | |||||||||||
services - 1.2% | 6,901,340 | 1.2 | % | ||||||||
Utilities - 1.8% | 9,966,376 | 1.8 | % | ||||||||
TOTAL CORPORATE BONDS (Cost | |||||||||||
$142,327,811) | $ | 146,873,721 | |||||||||
MUNICIPAL | |||||||||||
BONDS - 0.8% | 4,504,435 | 0.8 | % | ||||||||
TOTAL MUNICIPAL BONDS | |||||||||||
(Cost $3,855,264) | $ | 4,504,435 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 2.8% | |||||||||||
Commercial and | |||||||||||
residential - 2.1% | |||||||||||
BANK | |||||||||||
3.254%, 07/15/2060 | $ | 2,000,000 | 1,929,745 | 0.4 | % | ||||||
GS Mortgage Securities Trust | |||||||||||
3.178%, 11/10/2049 | 3,000,000 | 2,891,004 | 0.5 | % | |||||||
GS Mortgage Securities Trust | |||||||||||
3.409%, 03/10/2050 | 3,000,000 | 2,934,781 | 0.5 | % | |||||||
OTHER SECURITIES | 3,887,517 | 0.7 | % | ||||||||
11,643,047 | |||||||||||
Federal Home Loan Mortgage | |||||||||||
Corp. - 0.7% | 4,195,227 | 0.7 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $16,707,952) | $ | 15,838,274 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 0.0% | 14,410 | 0.0 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $14,433) | $ | 14,410 | |||||||||
SECURITIES LENDING COLLATERAL - 0.5% | |||||||||||
John Hancock Collateral | |||||||||||
Trust, 2.0600% (C)(D) | 288,635 | 2,887,391 | 0.5 | % | |||||||
TOTAL SECURITIES LENDING COLLATERAL | |||||||||||
(Cost $2,887,564) | $ | 2,887,391 | |||||||||
SHORT-TERM INVESTMENTS - 7.3% | |||||||||||
Money market funds - 7.3% | |||||||||||
State Street Institutional | |||||||||||
U.S. Government Money | |||||||||||
Market Fund, Premier | |||||||||||
Class, 1.8098% (C) | 41,389,110 | 41,389,110 | 7.3 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | |||||||||||
$41,389,110) | $ | 41,389,110 | |||||||||
Total Investments (Total Bond Market Trust) | |||||||||||
(Cost $605,182,645) - 106.7% | $ | 602,681,143 | 106.7 | % | |||||||
Other assets and liabilities, net - (6.7)% | (37,993,718 | ) | (6.7 | %) | |||||||
TOTAL NET ASSETS - 100.0% | $ | 564,687,425 | 100.0 | % |
Security Abbreviations and Legend
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | A portion of this security is on loan as of 6-30-18. |
Total Bond Market Trust (continued)
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Ultra Short Term Bond Trust
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS - 17.9% | |||||||||||
U.S. Treasury | |||||||||||
Notes - 14.8% | |||||||||||
0.750%, 07/31/2018 | $ | 17,000,000 | $ | 16,985,508 | 8.1 | % | |||||
1.000%, 09/15/2018 | 4,000,000 | 3,992,320 | 1.9 | % | |||||||
1.500%, 08/31/2018 | 10,000,000 | 9,993,200 | 4.8 | % | |||||||
30,971,028 | |||||||||||
Federal Home Loan | |||||||||||
Mortgage Corp. - 0.8% | 1,602,773 | 0.8 | % | ||||||||
Federal National Mortgage | |||||||||||
Association - 2.0% | 4,211,864 | 2.0 | % | ||||||||
Government National | |||||||||||
Mortgage | |||||||||||
Association - 0.3% | 507,181 | 0.3 | % | ||||||||
TOTAL U.S. GOVERNMENT AND AGENCY | |||||||||||
OBLIGATIONS (Cost $37,388,189) | $ | 37,292,846 | |||||||||
CORPORATE BONDS - 58.5% | |||||||||||
Consumer discretionary - 6.3% | |||||||||||
Ford Motor Credit | |||||||||||
Company LLC | |||||||||||
2.021%, 05/03/2019 | 3,000,000 | 2,975,160 | 1.4 | % | |||||||
General Motors Financial | |||||||||||
Company, Inc. | |||||||||||
3.500%, 07/10/2019 | 2,000,000 | 2,010,067 | 1.0 | % | |||||||
NBCUniversal Media LLC | |||||||||||
5.150%, 04/30/2020 | 3,000,000 | 3,099,960 | 1.5 | % | |||||||
Time Warner Cable LLC | |||||||||||
6.750%, 07/01/2018 | 2,000,000 | 2,000,000 | 1.0 | % | |||||||
Toyota Motor Credit Corp. | |||||||||||
1.700%, 02/19/2019 | 3,000,000 | 2,983,671 | 1.4 | % | |||||||
13,068,858 | |||||||||||
Consumer staples - 2.6% | |||||||||||
Altria Group, Inc. | |||||||||||
2.625%, 01/14/2020 | 3,000,000 | 2,983,591 | 1.4 | % | |||||||
Kraft Heinz Foods Company | |||||||||||
2.000%, 07/02/2018 | 2,500,000 | 2,500,000 | 1.2 | % | |||||||
5,483,591 | |||||||||||
Energy - 3.6% | |||||||||||
ONEOK Partners LP | |||||||||||
3.200%, 09/15/2018 | 3,000,000 | 3,001,781 | 1.5 | % | |||||||
Shell International Finance | |||||||||||
BV | |||||||||||
2.000%, 11/15/2018 | 3,000,000 | 2,993,766 | 1.4 | % | |||||||
OTHER SECURITIES | 1,518,750 | 0.7 | % | ||||||||
7,514,297 | |||||||||||
Financials - 29.1% | |||||||||||
Ameriprise Financial, Inc. | |||||||||||
5.300%, 03/15/2020 | 3,000,000 | 3,102,556 | 1.5 | % | |||||||
BNP Paribas SA | |||||||||||
2.450%, 03/17/2019 | 2,000,000 | 1,994,044 | 1.0 | % | |||||||
Citizens Bank NA | |||||||||||
2.250%, 03/02/2020 | 3,000,000 | 2,948,660 | 1.4 | % | |||||||
Credit Agricole SA | |||||||||||
2.625%, 10/03/2018 (A) | 2,000,000 | 2,000,287 | 1.0 | % |
The accompanying notes are an integral part of the financial statements. | 40 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Ultra Short Term Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Financials (continued) | |||||||||||
HSBC USA, Inc. | |||||||||||
2.250%, 06/23/2019 | $ | 2,500,000 | $ | 2,482,617 | 1.2 | % | |||||
ING Bank NV | |||||||||||
2.300%, 03/22/2019 (A) | 2,000,000 | 1,992,317 | 1.0 | % | |||||||
Lincoln National Corp. | |||||||||||
6.250%, 02/15/2020 | 2,010,000 | 2,106,829 | 1.0 | % | |||||||
Macquarie Group, Ltd. | |||||||||||
3.000%, 12/03/2018 (A) | 2,500,000 | 2,502,431 | 1.2 | % | |||||||
Mitsubishi UFJ Financial | |||||||||||
Group, Inc. (3 month | |||||||||||
LIBOR + 1.880%) | |||||||||||
4.180%, 03/01/2021 (B) | 2,246,000 | 2,325,141 | 1.1 | % | |||||||
Morgan Stanley | |||||||||||
5.625%, 09/23/2019 | 2,057,000 | 2,119,592 | 1.0 | % | |||||||
National Australia Bank, Ltd. | |||||||||||
2.000%, 01/14/2019 | 2,000,000 | 1,992,485 | 1.0 | % | |||||||
PNC Bank NA | |||||||||||
2.200%, 01/28/2019 | 2,500,000 | 2,493,555 | 1.2 | % | |||||||
Santander UK PLC | |||||||||||
2.500%, 03/14/2019 | 2,000,000 | 1,995,990 | 1.0 | % | |||||||
Societe Generale SA | |||||||||||
2.625%, 10/01/2018 | 2,000,000 | 2,000,591 | 1.0 | % | |||||||
Sumitomo Mitsui Banking | |||||||||||
Corp. | |||||||||||
2.450%, 01/10/2019 | 2,000,000 | 1,996,933 | 1.0 | % | |||||||
The Goldman Sachs | |||||||||||
Group, Inc. | |||||||||||
2.625%, 01/31/2019 | 3,000,000 | 2,997,605 | 1.4 | % | |||||||
UBS AG | |||||||||||
2.375%, 08/14/2019 | 3,000,000 | 2,981,302 | 1.4 | % | |||||||
Wells Fargo & Company | |||||||||||
2.500%, 03/04/2021 | 3,000,000 | 2,934,314 | 1.4 | % | |||||||
OTHER SECURITIES | 17,757,413 | 8.3 | % | ||||||||
60,724,662 | |||||||||||
Health care - 5.5% | |||||||||||
Amgen, Inc. | |||||||||||
1.900%, 05/10/2019 | 3,000,000 | 2,980,482 | 1.4 | % | |||||||
CVS Health Corp. (3 month | |||||||||||
LIBOR + 0.720%) | |||||||||||
3.047%, 03/09/2021 (B) | 3,000,000 | 3,015,123 | 1.5 | % | |||||||
McKesson Corp. | |||||||||||
2.284%, 03/15/2019 | 2,769,000 | 2,758,560 | 1.3 | % | |||||||
Teva Pharmaceutical Finance | |||||||||||
Netherlands III BV | |||||||||||
1.700%, 07/19/2019 | 2,870,000 | 2,801,798 | 1.3 | % | |||||||
11,555,963 | |||||||||||
Industrials - 3.6% | |||||||||||
Air Lease Corp. | |||||||||||
2.625%, 09/04/2018 | 3,000,000 | 2,998,779 | 1.4 | % | |||||||
Caterpillar Financial Services | |||||||||||
Corp. | |||||||||||
2.100%, 01/10/2020 | 2,000,000 | 1,978,960 | 1.0 | % | |||||||
Penske Truck Leasing | |||||||||||
Company LP | |||||||||||
2.500%, 06/15/2019 (A) | 2,615,000 | 2,600,554 | 1.2 | % | |||||||
7,578,293 | |||||||||||
Information technology - 4.0% | |||||||||||
Apple, Inc. | |||||||||||
1.700%, 02/22/2019 | 3,000,000 | 2,986,374 | 1.4 | % | |||||||
Dell International LLC | |||||||||||
3.480%, 06/01/2019 (A) | 2,000,000 | 2,005,049 | 1.0 | % | |||||||
IBM Corp. | |||||||||||
1.800%, 05/17/2019 | 3,000,000 | 2,980,086 | 1.4 | % |
Ultra Short Term Bond Trust (continued)
Shares or | % of | ||||||||||
Principal | Net | ||||||||||
Amount | Value | Assets | |||||||||
CORPORATE | |||||||||||
BONDS (continued) | |||||||||||
Information | |||||||||||
technology (continued) | |||||||||||
OTHER SECURITIES | $ | 340,175 | 0.2 | % | |||||||
8,311,684 | |||||||||||
Materials - 1.2% | |||||||||||
The Sherwin-Williams | |||||||||||
Company | |||||||||||
7.250%, 06/15/2019 | $ | 2,500,000 | 2,600,910 | 1.2 | % | ||||||
Real estate - 0.7% | 1,519,090 | 0.7 | % | ||||||||
Utilities - 1.9% | |||||||||||
Dominion Energy, Inc. | |||||||||||
1.875%, 12/15/2018 (A) | 2,000,000 | 1,992,268 | 1.0 | % | |||||||
OTHER SECURITIES | 1,979,137 | 0.9 | % | ||||||||
3,971,405 | |||||||||||
TOTAL CORPORATE BONDS (Cost | |||||||||||
$122,947,288) | $ | 122,328,753 | |||||||||
COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS - 0.6% | |||||||||||
Federal National Mortgage | |||||||||||
Association - 0.6% | 1,205,509 | 0.6 | % | ||||||||
TOTAL COLLATERALIZED MORTGAGE | |||||||||||
OBLIGATIONS (Cost $1,209,140) | $ | 1,205,509 | |||||||||
ASSET BACKED | |||||||||||
SECURITIES - 19.4% | |||||||||||
Ally Auto Receivables Trust | |||||||||||
1.750%, 05/15/2020 | 2,000,000 | 1,993,934 | 1.0 | % | |||||||
BA Credit Card Trust | |||||||||||
1.950%, 08/15/2022 | 3,000,000 | 2,954,243 | 1.4 | % | |||||||
Cabela’s Credit Card Master | |||||||||||
Note Trust | |||||||||||
2.170%, 08/16/2021 (A) | 4,175,000 | 4,173,338 | 2.0 | % | |||||||
Capital One Multi-Asset | |||||||||||
Execution Trust | |||||||||||
1.450%, 08/16/2021 | 2,965,000 | 2,956,481 | 1.4 | % | |||||||
Chase Issuance Trust | |||||||||||
1.580%, 08/16/2021 | 3,000,000 | 2,962,302 | 1.4 | % | |||||||
Citibank Credit Card | |||||||||||
Issuance Trust | |||||||||||
2.150%, 07/15/2021 | 3,000,000 | 2,982,453 | 1.4 | % | |||||||
Discover Card Execution | |||||||||||
Note Trust | |||||||||||
1.670%, 01/18/2022 | 3,000,000 | 2,967,423 | 1.4 | % | |||||||
Ford Credit Auto Owner | |||||||||||
Trust | |||||||||||
2.120%, 07/15/2026 (A) | 3,000,000 | 2,959,669 | 1.4 | % | |||||||
Honda Auto Receivables | |||||||||||
Owner Trust | |||||||||||
1.560%, 10/18/2021 | 2,957,078 | 2,947,154 | 1.4 | % | |||||||
Mercedes-Benz Auto | |||||||||||
Receivables Trust | |||||||||||
1.460%, 12/15/2022 | 3,000,000 | 2,929,227 | 1.4 | % | |||||||
Nissan Auto Receivables | |||||||||||
Owner Trust | |||||||||||
1.500%, 09/15/2021 | 2,666,000 | 2,650,447 | 1.3 | % | |||||||
OTHER SECURITIES | 8,154,354 | 3.9 | % | ||||||||
TOTAL ASSET BACKED | |||||||||||
SECURITIES (Cost $40,803,944) | $ | 40,631,025 |
The accompanying notes are an integral part of the financial statements. | 41 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Ultra Short Term Bond Trust (continued)
Shares or | % of | |||||||||
Principal | Net | |||||||||
Amount | Value | Assets | ||||||||
SECURITIES LENDING COLLATERAL - 0.1% | ||||||||||
John Hancock Collateral | ||||||||||
Trust, 2.0600% (C)(D) | 10,596 | $ | 105,997 | 0.1 | % | |||||
TOTAL SECURITIES LENDING COLLATERAL | ||||||||||
(Cost $106,000) | $ | 105,997 | ||||||||
SHORT-TERM INVESTMENTS - 0.6% | ||||||||||
U.S. Government Agency - 0.6% | 1,231,000 | 0.6 | % | |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost | ||||||||||
$1,230,946) | $ | 1,231,000 | ||||||||
Total Investments (Ultra Short Term Bond Trust) | ||||||||||
(Cost $203,685,507) - 97.1% | $ | 202,795,130 | 97.1 | % | ||||||
Other assets and liabilities, net - 2.9% | 6,149,499 | 2.9 | % | |||||||
TOTAL NET ASSETS - 100.0% | $ | 208,944,629 | 100.0 | % |
Security Abbreviations and Legend
LIBOR | London Interbank Offered 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 $25,813,988 or 12.4% of the fund’s net assets as of 6-30-18. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | The rate shown is the annualized seven-day yield as of 6-30-18. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
The accompanying notes are an integral part of the financial statements. | 42 |
John Hancock Variable Insurance Trust |
Summary Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Certain portfolios had the following country composition as a percentage of net assets, unless otherwise indicated, on 6-30-18:
High Yield Trust | ||||
United States | 77.0 | % | ||
Canada | 5.1 | % | ||
Cayman Islands | 4.8 | % | ||
United Kingdom | 3.0 | % | ||
Netherlands | 1.7 | % | ||
France | 1.7 | % | ||
Luxembourg | 1.3 | % | ||
Other countries | 5.4 | % | ||
TOTAL | 100.0 | % | ||
Investment Quality Bond Trust (as a percentage of total investments) | ||||
United States | 84.0 | % | ||
Cayman Islands | 9.2 | % | ||
United Kingdom | 1.1 | % | ||
Other countries | 5.7 | % | ||
TOTAL | 100.0 | % | ||
New Income Trust | ||||
United States | 88.2 | % | ||
Cayman Islands | 2.8 | % | ||
Netherlands | 1.1 | % | ||
United Kingdom | 1.0 | % | ||
Other countries | 6.9 | % | ||
TOTAL | 100.0 | % | ||
Strategic Income Opportunities Trust | ||||
United States | 64.6 | % | ||
Mexico | 5.3 | % | ||
Indonesia | 4.3 | % | ||
Canada | 2.5 | % | ||
Ireland | 2.1 | % | ||
Philippines | 2.1 | % | ||
Netherlands | 2.0 | % | ||
Brazil | 1.9 | % | ||
Malaysia | 1.6 | % | ||
Luxembourg | 1.6 | % | ||
Other countries | 12.0 | % | ||
TOTAL | 100.0 | % | ||
Ultra Short Term Bond Trust | ||||
United States | 82.5 | % | ||
France | 3.8 | % | ||
Netherlands | 3.7 | % | ||
Japan | 3.0 | % | ||
Australia | 2.2 | % | ||
United Kingdom | 1.7 | % | ||
Switzerland | 1.4 | % | ||
Hong Kong | 1.0 | % | ||
Other countries | 0.7 | % | ||
TOTAL | 100.0 | % |
The accompanying notes are an integral part of the financial statements. | 43 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Active Bond | Global Bond | |||||||||||
Assets | Trust | Core Bond Trust | Trust | High Yield Trust | ||||||||
Unaffiliated investments, at value | $773,508,947 | $1,262,423,303 | $706,925,984 | $220,064,539 | ||||||||
Affiliated investments, at value | 10,716,490 | 8,551,850 | — | 9,336,509 | ||||||||
Repurchase agreements, at value | — | — | 17,126,000 | — | ||||||||
Total investments, at value | 784,225,437 | 1,270,975,153 | 724,051,984 | 229,401,048 | ||||||||
Swap contracts, at value | — | — | 430,839 | 14,176 | ||||||||
Receivable for centrally cleared swaps | — | — | 3,169,941 | 32,947 | ||||||||
Unrealized appreciation on forward foreign currency contracts | — | — | 4,246,615 | 14,465 | ||||||||
Receivable for futures variation margin | — | — | 7,475 | — | ||||||||
Cash | 82,247 | — | — | — | ||||||||
Foreign currency, at value | — | — | 1,979,815 | 103,163 | ||||||||
Cash held at broker for futures contracts | — | — | — | 42,033 | ||||||||
Receivable for collateral on reverse repurchase agreements | — | — | 125,852 | — | ||||||||
Dividends and interest receivable | 5,728,834 | 6,147,806 | 3,822,724 | 3,609,678 | ||||||||
Receivable for fund shares sold | 3,050,070 | 1,983,117 | 857,551 | 183,655 | ||||||||
Receivable for investments sold | 529,044 | 46,698,741 | 157,945 | 1,390,119 | ||||||||
Receivable for delayed delivery securities sold | — | 182,311,259 | 119,687,713 | — | ||||||||
Receivable for securities lending income | 6,138 | 1,925 | — | 8,610 | ||||||||
Other assets | 24,804 | 39,708 | 90,388 | 10,139 | ||||||||
Total assets | 793,646,574 | 1,508,157,709 | 858,628,842 | 234,810,033 | ||||||||
Liabilities | ||||||||||||
Payable for open reverse repurchase agreements | — | — | 28,618,183 | — | ||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | 5,929,870 | 81,372 | ||||||||
Written options, at value | — | — | 389,133 | — | ||||||||
Swap contracts, at value | — | — | 705,534 | — | ||||||||
Payable for futures variation margin | — | — | — | 2,424 | ||||||||
Due to custodian | — | 33 | 612,390 | — | ||||||||
Payable for collateral on OTC derivatives | — | — | 1,260,000 | — | ||||||||
Payable for collateral on sale commitments | — | — | 400,000 | — | ||||||||
Payable for investments purchased | 3,535,506 | 50,519,295 | 3,669,604 | 1,659,749 | ||||||||
Payable for delayed delivery securities purchased | 71,196,611 | 284,652,260 | 252,333,407 | — | ||||||||
Payable for fund shares repurchased | 43,849 | 649,275 | 16,600 | 268,058 | ||||||||
Payable upon return of securities loaned | 10,719,218 | 8,565,585 | — | 9,340,319 | ||||||||
Payable to affiliates | ||||||||||||
Accounting and legal services fees | 40,311 | 65,560 | 32,197 | 12,855 | ||||||||
Trustees’ fees | 622 | 776 | 544 | 455 | ||||||||
Other liabilities and accrued expenses | 117,301 | 137,665 | 44,179 | 67,203 | ||||||||
Total liabilities | 85,653,418 | 344,590,449 | 294,011,641 | 11,432,435 | ||||||||
Net assets | $707,993,156 | $1,163,567,260 | $564,617,201 | $223,377,598 | ||||||||
Net assets consist of | ||||||||||||
Paid-in capital | $708,424,118 | $1,188,795,889 | $541,125,291 | $285,751,545 | ||||||||
Undistributed net investment income (loss) | 16,558,607 | 19,988,416 | 19,181,273 | 10,751,705 | ||||||||
Accumulated net realized gain (loss) on investments | (13,501,336 | ) | (26,640,789 | ) | (468,473 | ) | (58,997,664 | ) | ||||
Net unrealized appreciation (depreciation) on investments | (3,488,233 | ) | (18,576,256 | ) | 4,779,110 | (14,127,988 | ) | |||||
Net assets | $707,993,156 | $1,163,567,260 | $564,617,201 | $223,377,598 | ||||||||
Unaffiliated investments, including repurchase agreements, at cost | $776,995,805 | $1,280,999,477 | $725,061,268 | $234,149,666 | ||||||||
Affiliated investments, at cost | $10,716,953 | $8,551,932 | — | $9,337,014 | ||||||||
Foreign currency, at cost | — | — | $2,007,404 | $107,757 | ||||||||
Premiums received on written options | — | — | $367,206 | — | ||||||||
Net unamortized upfront payment on swap contracts | — | — | $(252,436 | ) | $(7,613 | ) | ||||||
Securities loaned, at value | $10,478,611 | $8,363,727 | — | $9,114,938 | ||||||||
Cash held at broker for centrally cleared swaps | — | — | 2,772,016 | — | ||||||||
Net asset value per share | ||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||
Series I | ||||||||||||
Net assets | $36,687,638 | $100,259,065 | $34,122,173 | $78,749,508 | ||||||||
Shares outstanding | 3,895,940 | 7,812,247 | 2,660,771 | 14,767,269 | ||||||||
Net asset value, offering price and redemption price per share | $9.42 | $12.83 | $12.82 | $5.33 | ||||||||
Series II | ||||||||||||
Net assets | $158,287,503 | $88,557,413 | $71,726,118 | $56,604,266 | ||||||||
Shares outstanding | 16,792,247 | 6,914,054 | 5,667,751 | 10,397,478 | ||||||||
Net asset value, offering price and redemption price per share | $9.43 | $12.81 | $12.66 | $5.44 | ||||||||
Series NAV | ||||||||||||
Net assets | $513,018,015 | $974,750,782 | $458,768,910 | $88,023,824 | ||||||||
Shares outstanding | 54,434,666 | 76,272,831 | 35,907,039 | 16,750,588 | ||||||||
Net asset value, offering price and redemption price per share | $9.42 | $12.78 | $12.78 | $5.25 |
The accompanying notes are an integral part of the financial statements. | 44 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Investment | ||||||||||||
Quality Bond | Money Market | New Income | Select Bond | |||||||||
Assets | Trust | Trust | Trust | Trust | ||||||||
Unaffiliated investments, at value | $336,347,527 | $1,837,344,476 | $1,355,828,502 | $8,909,693,865 | ||||||||
Affiliated investments, at value | 337,299 | — | 3,144,717 | 128,560,599 | ||||||||
Repurchase agreements, at value | 4,200,000 | 100,000 | 2,230,000 | — | ||||||||
Total investments, at value | 340,884,826 | 1,837,444,476 | 1,361,203,219 | 9,038,254,464 | ||||||||
Receivable for centrally cleared swaps | 2,828 | — | — | — | ||||||||
Unrealized appreciation on forward foreign currency contracts | 79,002 | — | 810,337 | — | ||||||||
Cash | 30,296 | 104 | 17,586 | 2,249,039 | ||||||||
Dividends and interest receivable | 1,628,314 | 2,454,296 | 8,924,655 | 61,984,880 | ||||||||
Receivable for fund shares sold | 2,827,743 | — | — | 12,181,025 | ||||||||
Receivable for investments sold | 419,826 | — | 4,098,660 | 32,530,653 | ||||||||
Receivable for delayed delivery securities sold | 1,039,297 | — | 14,374,430 | — | ||||||||
Receivable for securities lending income | 202 | — | 1,083 | 58,783 | ||||||||
Receivable due from advisor | — | 14,074 | — | — | ||||||||
Other assets | 10,861 | 4,777 | 44,294 | 306,596 | ||||||||
Total assets | 346,923,195 | 1,839,917,727 | 1,389,474,264 | 9,147,565,440 | ||||||||
Liabilities | ||||||||||||
Unrealized depreciation on forward foreign currency contracts | 4,375 | — | 82,172 | — | ||||||||
Swap contracts, at value | 1,011,288 | — | — | — | ||||||||
Payable for centrally cleared swaps | — | — | 19,604 | — | ||||||||
Payable for futures variation margin | 284 | — | 47,221 | — | ||||||||
Foreign currency overdraft, at value | 1,805 | — | — | — | ||||||||
Payable for investments purchased | 1,265,131 | — | 11,244,960 | 117,940,544 | ||||||||
Payable for delayed delivery securities purchased | 77,951,160 | — | 42,111,322 | — | ||||||||
Payable for fund shares repurchased | — | 6,074,455 | 631,984 | 5,728,021 | ||||||||
Payable upon return of securities loaned | 338,194 | — | 3,146,990 | 128,607,051 | ||||||||
Payable to affiliates | ||||||||||||
Accounting and legal services fees | 15,043 | 106,850 | 75,483 | 505,635 | ||||||||
Trustees’ fees | 475 | 1,488 | 805 | 3,504 | ||||||||
Other liabilities and accrued expenses | 72,201 | 175,303 | 176,500 | 914,799 | ||||||||
Total liabilities | 80,659,956 | 6,358,096 | 57,537,041 | 253,699,554 | ||||||||
Net assets | $266,263,239 | $1,833,559,631 | $1,331,937,223 | $8,893,865,886 | ||||||||
Net assets consist of | ||||||||||||
Paid-in capital | $267,949,741 | $1,833,532,572 | $1,338,937,360 | $9,149,661,563 | ||||||||
Undistributed net investment income (loss) | 5,163,353 | 38,714 | 27,587,931 | 175,861,616 | ||||||||
Accumulated net realized gain (loss) on investments | (1,672,036 | ) | (11,655 | ) | (17,399,811 | ) | (297,073,780 | ) | ||||
Net unrealized appreciation (depreciation) on investments | (5,177,819 | ) | — | (17,188,257 | ) | (134,583,513 | ) | |||||
Net assets | $266,263,239 | $1,833,559,631 | $1,331,937,223 | $8,893,865,886 | ||||||||
Unaffiliated investments, including repurchase agreements, at cost | $345,389,102 | $1,837,444,476 | $1,377,057,829 | $9,043,606,738 | ||||||||
Affiliated investments, at cost | $337,314 | — | $3,144,851 | $128,568,011 | ||||||||
Foreign currency, at cost | $(1,807 | ) | — | — | — | |||||||
Net unamortized upfront payment on swap contracts | $(135,816 | ) | — | — | — | |||||||
Securities loaned, at value | $331,397 | — | $3,077,037 | $126,055,187 | ||||||||
Net asset value per share | ||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||
Series I | ||||||||||||
Net assets | $147,719,471 | $1,313,722,922 | — | $191,838,244 | ||||||||
Shares outstanding | 13,471,505 | 1,313,750,024 | — | 14,524,200 | ||||||||
Net asset value, offering price and redemption price per share | $10.97 | $1.00 | — | $13.21 | ||||||||
Series II | ||||||||||||
Net assets | $78,096,344 | $153,027,896 | — | $475,103,477 | ||||||||
Shares outstanding | 7,123,896 | 153,013,574 | — | 35,956,890 | ||||||||
Net asset value, offering price and redemption price per share | $10.96 | $1.00 | — | $13.21 | ||||||||
Series NAV | ||||||||||||
Net assets | $40,447,424 | $366,808,813 | $1,331,937,223 | $8,226,924,165 | ||||||||
Shares outstanding | 3,700,004 | 366,808,192 | 106,905,617 | 622,988,306 | ||||||||
Net asset value, offering price and redemption price per share | $10.93 | $1.00 | $12.46 | $13.21 |
The accompanying notes are an integral part of the financial statements. | 45 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Strategic | ||||||||||||
Short Term | Income | Ultra Short | ||||||||||
Government | Opportunities | Total Bond | Term Bond | |||||||||
Assets | Income Trust | Trust | Market Trust | Trust | ||||||||
Unaffiliated investments, at value | $290,429,389 | $552,143,260 | $599,793,752 | $202,689,133 | ||||||||
Affiliated investments, at value | — | — | 2,887,391 | 105,997 | ||||||||
Total investments, at value | 290,429,389 | 552,143,260 | 602,681,143 | 202,795,130 | ||||||||
Unrealized appreciation on forward foreign currency contracts | — | 3,371,488 | — | — | ||||||||
Cash | 51,242 | 779,614 | — | 18,922 | ||||||||
Foreign currency, at value | — | 1,185,620 | — | — | ||||||||
Cash held at broker for futures contracts | — | 2,408,256 | — | — | ||||||||
Cash segregated at custodian for OTC derivative contracts | — | 2,040,000 | — | — | ||||||||
Dividends and interest receivable | 1,602,701 | 5,157,636 | 3,989,004 | 1,196,598 | ||||||||
Receivable for fund shares sold | — | 744,678 | 1,312,375 | 104 | ||||||||
Receivable for investments sold | — | 5,426,455 | — | 6,786,797 | ||||||||
Receivable for securities lending income | — | — | 2,310 | 641 | ||||||||
Receivable due from advisor | — | — | 9,688 | — | ||||||||
Other assets | 11,826 | 21,263 | 19,881 | 10,034 | ||||||||
Total assets | 292,095,158 | 573,278,270 | 608,014,401 | 210,808,226 | ||||||||
Liabilities | ||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | 4,228,641 | — | — | ||||||||
Written options, at value | — | 115,088 | — | — | ||||||||
Payable for futures variation margin | — | 77,966 | — | — | ||||||||
Payable for investments purchased | — | 8,480,333 | — | — | ||||||||
Payable for delayed delivery securities purchased | — | 925,000 | 39,885,227 | — | ||||||||
Payable for fund shares repurchased | 123,999 | 1,935,259 | 436,771 | 1,689,415 | ||||||||
Payable upon return of securities loaned | — | — | 2,892,480 | 106,000 | ||||||||
Payable to affiliates | ||||||||||||
Accounting and legal services fees | 16,852 | 32,438 | 32,461 | 11,976 | ||||||||
Trustees’ fees | 487 | 537 | 562 | 499 | ||||||||
Other liabilities and accrued expenses | 67,470 | 116,749 | 79,475 | 55,707 | ||||||||
Total liabilities | 208,808 | 15,912,011 | 43,326,976 | 1,863,597 | ||||||||
Net assets | $291,886,350 | $557,366,259 | $564,687,425 | $208,944,629 | ||||||||
Net assets consist of | ||||||||||||
Paid-in capital | $316,630,547 | $564,133,768 | $564,989,980 | $227,080,006 | ||||||||
Undistributed net investment income (loss) | 2,835,029 | 19,289,334 | 10,602,228 | 1,947,934 | ||||||||
Accumulated net realized gain (loss) on investments | (21,272,028 | ) | (3,685,432 | ) | (8,403,281 | ) | (19,192,934 | ) | ||||
Net unrealized appreciation (depreciation) on investments | (6,307,198 | ) | (22,371,411 | ) | (2,501,502 | ) | (890,377 | ) | ||||
Net assets | $291,886,350 | $557,366,259 | $564,687,425 | $208,944,629 | ||||||||
Unaffiliated investments, including repurchase agreements, at cost | $296,736,587 | $572,747,838 | $602,295,081 | $203,579,507 | ||||||||
Affiliated investments, at cost | — | — | $2,887,564 | $106,000 | ||||||||
Foreign currency, at cost | — | $1,184,836 | — | — | ||||||||
Premiums received on written options | — | $208,813 | — | — | ||||||||
Securities loaned, at value | — | — | $2,828,441 | $103,435 | ||||||||
Net asset value per share | ||||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||||||||||
Series I | ||||||||||||
Net assets | $35,225,213 | $430,318,964 | $247,927,095 | $10,248,669 | ||||||||
Shares outstanding | 2,944,966 | 32,291,399 | 24,941,144 | 894,243 | ||||||||
Net asset value, offering price and redemption price per share | $11.96 | $13.33 | $9.94 | $11.46 | ||||||||
Series II | ||||||||||||
Net assets | $24,270,501 | $40,762,849 | $57,404,413 | $168,478,651 | ||||||||
Shares outstanding | 2,029,678 | 3,054,084 | 5,772,288 | 14,716,777 | ||||||||
Net asset value, offering price and redemption price per share | $11.96 | $13.35 | $9.94 | $11.45 | ||||||||
Series NAV | ||||||||||||
Net assets | $232,390,636 | $86,284,446 | $259,355,917 | $30,217,309 | ||||||||
Shares outstanding | 19,425,830 | 6,492,051 | 26,095,129 | 2,634,949 | ||||||||
Net asset value, offering price and redemption price per share | $11.96 | $13.29 | $9.94 | $11.47 |
The accompanying notes are an integral part of the financial statements. | 46 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Active Bond | Global Bond | |||||||||||
Investment income | Trust | Core Bond Trust | Trust | High Yield Trust | ||||||||
Interest | $13,719,819 | $16,540,979 | $8,151,696 | $7,425,687 | ||||||||
Dividends | 54,010 | — | 14,019 | 150,345 | ||||||||
Securities lending | 52,516 | 56,540 | — | 51,216 | ||||||||
Less foreign taxes withheld | (5,471 | ) | — | — | — | |||||||
Total investment income | 13,820,874 | 16,597,519 | 8,165,715 | 7,627,248 | ||||||||
Expenses | ||||||||||||
Investment management fees | 2,135,655 | 3,453,655 | 2,002,750 | 773,844 | ||||||||
Distribution and service fees | 208,158 | 140,795 | 103,015 | 93,545 | ||||||||
Accounting and legal services fees | 55,259 | 90,651 | 44,229 | 17,655 | ||||||||
Trustees’ fees | 6,286 | 10,304 | 5,072 | 2,215 | ||||||||
Custodian fees | 62,188 | 75,264 | 85,887 | 17,608 | ||||||||
Printing and postage | 12,626 | 19,842 | 13,018 | 8,851 | ||||||||
Professional fees | 35,521 | 40,519 | 52,747 | 38,443 | ||||||||
Other | 17,869 | 20,845 | 14,376 | 8,834 | ||||||||
Total expenses | 2,533,562 | 3,851,875 | 2,321,094 | 960,995 | ||||||||
Less expense reductions | (30,349 | ) | (50,534 | ) | (24,396 | ) | (9,601 | ) | ||||
Net expenses | 2,503,213 | 3,801,341 | 2,296,698 | 951,394 | ||||||||
Net investment income | 11,317,661 | 12,796,178 | 5,869,017 | 6,675,854 | ||||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | (2,995,433 | ) | (19,183,447 | ) | (8,057,863 | ) | (307,922 | ) | ||||
Affiliated investments | 139 | (4,312 | ) | — | (335 | ) | ||||||
Futures contracts | 6,150 | — | (3,369,939 | ) | (236,824 | ) | ||||||
Forward foreign currency contracts | — | — | 884,034 | (13,118 | ) | |||||||
Written options | — | — | 560,686 | — | ||||||||
Swap contracts | — | — | 12,464,574 | (58,910 | ) | |||||||
(2,989,144 | ) | (19,187,759 | ) | 2,481,492 | (617,109 | ) | ||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (20,401,042 | ) | (17,052,888 | ) | (7,322,925 | ) | (5,481,948 | ) | ||||
Affiliated investments | 19 | (3 | ) | — | (79 | ) | ||||||
Futures contracts | — | — | 170,311 | 46,551 | ||||||||
Forward foreign currency contracts | — | — | (2,348,196 | ) | (64,726 | ) | ||||||
Written options | — | — | (195,851 | ) | — | |||||||
Swap contracts | — | — | (2,896,035 | ) | 14,703 | |||||||
(20,401,023 | ) | (17,052,891 | ) | (12,592,696 | ) | (5,485,499 | ) | |||||
Net realized and unrealized gain (loss) | (23,390,167 | ) | (36,240,650 | ) | (10,111,204 | ) | (6,102,608 | ) | ||||
Increase (decrease) in net assets from operations | $(12,072,506 | ) | $(23,444,472 | ) | $(4,242,187 | ) | $573,246 |
The accompanying notes are an integral part of the financial statements. | 47 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Investment | ||||||||||||
Quality Bond | Money Market | New Income | Select Bond | |||||||||
Investment income | Trust | Trust | Trust | Trust | ||||||||
Interest | $4,341,932 | $14,960,677 | $22,052,116 | $140,216,210 | ||||||||
Securities lending | 1,923 | — | 9,080 | 496,802 | ||||||||
Less foreign taxes withheld | (615 | ) | — | (1,935 | ) | — | ||||||
Total investment income | 4,343,240 | 14,960,677 | 22,059,261 | 140,713,012 | ||||||||
Expenses | ||||||||||||
Investment management fees | 786,835 | 3,522,164 | 3,711,054 | 25,293,414 | ||||||||
Distribution and service fees | 135,115 | 532,988 | — | 636,461 | ||||||||
Accounting and legal services fees | 20,611 | 145,543 | 103,888 | 693,470 | ||||||||
Trustees’ fees | 2,534 | 16,255 | 11,604 | 75,443 | ||||||||
Custodian fees | 20,539 | 131,988 | 101,451 | 598,762 | ||||||||
Printing and postage | 8,773 | 35,177 | 12,233 | 95,681 | ||||||||
Professional fees | 41,850 | 37,210 | 49,440 | 102,705 | ||||||||
Other | 5,903 | 16,446 | 17,009 | 92,324 | ||||||||
Total expenses | 1,022,160 | 4,437,771 | 4,006,679 | 27,588,260 | ||||||||
Less expense reductions | (11,181 | ) | (1,296,497 | ) | (118,945 | ) | (1,279,732 | ) | ||||
Net expenses | 1,010,979 | 3,141,274 | 3,887,734 | 26,308,528 | ||||||||
Net investment income | 3,332,261 | 11,819,403 | 18,171,527 | 114,404,484 | ||||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | (1,783,214 | ) | (3,312 | ) | (7,046,627 | ) | (51,964,366 | ) | ||||
Affiliated investments | (247 | ) | — | (464 | ) | (10,010 | ) | |||||
Futures contracts | (1,055,922 | ) | — | (632,371 | ) | — | ||||||
Forward foreign currency contracts | (43,284 | ) | — | 284,846 | — | |||||||
Written options | (34,359 | ) | — | 144,846 | — | |||||||
Swap contracts | (121,273 | ) | — | 70,625 | — | |||||||
(3,038,299 | ) | (3,312 | ) | (7,179,145 | ) | (51,974,376 | ) | |||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (5,778,963 | ) | — | (37,453,269 | ) | (209,002,287 | ) | |||||
Affiliated investments | (7 | ) | — | (118 | ) | (7,269 | ) | |||||
Futures contracts | 206,422 | — | 1,204,365 | — | ||||||||
Forward foreign currency contracts | 105,480 | — | 519,049 | — | ||||||||
Written options | — | — | (56,224 | ) | — | |||||||
Swap contracts | 689,655 | — | (35,211 | ) | — | |||||||
(4,777,413 | ) | — | (35,821,408 | ) | (209,009,556 | ) | ||||||
Net realized and unrealized gain (loss) | (7,815,712 | ) | (3,312 | ) | (43,000,553 | ) | (260,983,932 | ) | ||||
Increase (decrease) in net assets from operations | $(4,483,451 | ) | $11,816,091 | $(24,829,026 | ) | $(146,579,448 | ) |
The accompanying notes are an integral part of the financial statements. | 48 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Strategic | ||||||||||||
Short Term | Income | Ultra Short | ||||||||||
Government | Opportunities | Total Bond | Term Bond | |||||||||
Investment income | Income Trust | Trust | Market Trust | Trust | ||||||||
Interest | $2,725,404 | $11,393,491 | $7,940,668 | $2,034,245 | ||||||||
Dividends | — | 1,114,972 | — | — | ||||||||
Securities lending | — | — | 34,275 | 3,048 | ||||||||
Less foreign taxes withheld | — | (128,221 | ) | (602 | ) | — | ||||||
Total investment income | 2,725,404 | 12,380,242 | 7,974,341 | 2,037,293 | ||||||||
Expenses | ||||||||||||
Investment management fees | 823,665 | 1,838,379 | 1,318,338 | 613,342 | ||||||||
Distribution and service fees | 40,923 | 167,344 | 134,244 | 232,307 | ||||||||
Accounting and legal services fees | 23,004 | 45,029 | 44,062 | 16,824 | ||||||||
Trustees’ fees | 2,786 | 5,266 | 4,965 | 2,261 | ||||||||
Custodian fees | 22,574 | 64,958 | 36,663 | 17,167 | ||||||||
Printing and postage | 8,197 | 9,107 | 11,298 | 8,086 | ||||||||
Professional fees | 36,955 | 44,490 | 29,985 | 29,627 | ||||||||
Other | 5,936 | 12,692 | 15,484 | 5,783 | ||||||||
Total expenses | 964,040 | 2,187,265 | 1,595,039 | 925,397 | ||||||||
Less expense reductions | (12,602 | ) | (25,173 | ) | (753,156 | ) | (9,510 | ) | ||||
Net expenses | 951,438 | 2,162,092 | 841,883 | 915,887 | ||||||||
Net investment income | 1,773,966 | 10,218,150 | 7,132,458 | 1,121,406 | ||||||||
Realized and unrealized gain (loss) | ||||||||||||
Net realized gain (loss) on | ||||||||||||
Unaffiliated investments and foreign currency transactions | (23,862 | ) | 7,947,982 | (1,004,872 | ) | (12,588 | ) | |||||
Affiliated investments | — | — | 281 | (360 | ) | |||||||
Futures contracts | — | 2,851,307 | — | — | ||||||||
Forward foreign currency contracts | — | (3,913,583 | ) | — | — | |||||||
(23,862 | ) | 6,885,706 | (1,004,591 | ) | (12,948 | ) | ||||||
Change in net unrealized appreciation (depreciation) of | ||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (3,124,676 | ) | (33,701,342 | ) | (15,919,311 | ) | (313,775 | ) | ||||
Affiliated investments | — | — | (15 | ) | (3 | ) | ||||||
Futures contracts | — | (1,561,436 | ) | — | — | |||||||
Forward foreign currency contracts | — | 1,110,451 | — | — | ||||||||
Written options | — | 93,725 | — | — | ||||||||
(3,124,676 | ) | (34,058,602 | ) | (15,919,326 | ) | (313,778 | ) | |||||
Net realized and unrealized gain (loss) | (3,148,538 | ) | (27,172,896 | ) | (16,923,917 | ) | (326,726 | ) | ||||
Increase (decrease) in net assets from operations | $(1,374,572 | ) | $(16,954,746 | ) | $(9,791,459 | ) | $794,680 |
The accompanying notes are an integral part of the financial statements. | 49 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Active Bond Trust | Core Bond Trust | Global Bond Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $11,317,661 | $22,317,811 | $12,796,178 | $23,005,074 | $5,869,017 | $11,005,325 | ||||||||||||
Net realized gain (loss) | (2,989,144 | ) | 5,678,542 | (19,187,759 | ) | 4,919,232 | 2,481,492 | 14,411,584 | ||||||||||
Change in net unrealized appreciation (depreciation) | (20,401,023 | ) | 7,294,292 | (17,052,891 | ) | 14,163,385 | (12,592,696 | ) | 23,474,092 | |||||||||
Increase (decrease) in net assets resulting from operations | (12,072,506 | ) | 35,290,645 | (23,444,472 | ) | 42,087,691 | (4,242,187 | ) | 48,891,001 | |||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (1,387,594 | ) | — | (2,311,136 | ) | — | (857,452 | ) | |||||||||
Series II | — | (5,348,518 | ) | — | (1,959,563 | ) | — | (1,532,139 | ) | |||||||||
Series NAV | — | (18,608,778 | ) | — | (22,431,508 | ) | — | (10,920,850 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | — | — | (1,420,047 | ) | — | — | |||||||||||
Series II | — | — | — | (1,317,913 | ) | — | — | |||||||||||
Series NAV | — | — | — | (13,189,466 | ) | — | — | |||||||||||
Total distributions | — | (25,344,890 | ) | — | (42,629,633 | ) | — | (13,310,441 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (20,200,391 | ) | (13,936,922 | ) | (58,578,668 | ) | 24,517,421 | (20,172,195 | ) | (14,253,802 | ) | |||||||
Total from portfolio share transactions | (20,200,391 | ) | (13,936,922 | ) | (58,578,668 | ) | 24,517,421 | (20,172,195 | ) | (14,253,802 | ) | |||||||
Total increase (decrease) | (32,272,897 | ) | (3,991,167 | ) | (82,023,140 | ) | 23,975,479 | (24,414,382 | ) | 21,326,758 | ||||||||
Net assets | ||||||||||||||||||
Beginning of period | 740,266,053 | 744,257,220 | 1,245,590,400 | 1,221,614,921 | 589,031,583 | 567,704,825 | ||||||||||||
End of period | $707,993,156 | $740,266,053 | $1,163,567,260 | $1,245,590,400 | $564,617,201 | $589,031,583 | ||||||||||||
Undistributed net investment income (loss) | $16,558,607 | $5,240,946 | $19,988,416 | $7,192,238 | $19,181,273 | $13,312,256 | ||||||||||||
Investment Quality Bond | ||||||||||||||||||
High Yield Trust | Trust | Money Market Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $6,675,854 | $13,898,214 | $3,332,261 | $6,056,216 | $11,819,403 | $12,107,235 | ||||||||||||
Net realized gain (loss) | (617,109 | ) | 15,412 | (3,038,299 | ) | 3,056,954 | (3,312 | ) | (8,343 | ) | ||||||||
Change in net unrealized appreciation (depreciation) | (5,485,499 | ) | 3,851,165 | (4,777,413 | ) | 3,176,462 | — | — | ||||||||||
Increase (decrease) in net assets resulting from operations | 573,246 | 17,764,791 | (4,483,451 | ) | 12,289,632 | 11,816,091 | 12,098,892 | |||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (4,493,362 | ) | — | (4,065,882 | ) | (8,469,932 | ) | (8,880,444 | ) | ||||||||
Series II | — | (3,173,281 | ) | — | (2,050,901 | ) | (862,231 | ) | (721,373 | ) | ||||||||
Series NAV | — | (5,520,410 | ) | — | (854,212 | ) | (2,487,236 | ) | (2,505,425 | ) | ||||||||
From net realized gain | ||||||||||||||||||
Series I | — | — | — | (666,243 | ) | — | (16,901 | ) | ||||||||||
Series II | — | — | — | (379,630 | ) | — | (2,085 | ) | ||||||||||
Series NAV | — | — | — | (130,333 | ) | — | (4,250 | ) | ||||||||||
Total distributions | — | (13,187,053 | ) | — | (8,147,201 | ) | (11,819,399 | ) | (12,130,478 | ) | ||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (8,461,388 | ) | (22,502,676 | ) | (3,770,031 | ) | (26,082,432 | ) | (108,832,651 | ) | (380,261,225 | ) | ||||||
Total from portfolio share transactions | (8,461,388 | ) | (22,502,676 | ) | (3,770,031 | ) | (26,082,432 | ) | (108,832,651 | ) | (380,261,225 | ) | ||||||
Total increase (decrease) | (7,888,142 | ) | (17,924,938 | ) | (8,253,482 | ) | (21,940,001 | ) | (108,835,959 | ) | (380,292,811 | ) | ||||||
Net assets | ||||||||||||||||||
Beginning of period | 231,265,740 | 249,190,678 | 274,516,721 | 296,456,722 | 1,942,395,590 | 2,322,688,401 | ||||||||||||
End of period | $223,377,598 | $231,265,740 | $266,263,239 | $274,516,721 | $1,833,559,631 | $1,942,395,590 | ||||||||||||
Undistributed net investment income (loss) | $10,751,705 | $4,075,851 | $5,163,353 | $1,831,092 | $38,714 | $38,710 |
The accompanying notes are an integral part of the financial statements. | 50 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Short Term Government | ||||||||||||||||||
New Income Trust | Select Bond Trust | Income Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $18,171,527 | $34,494,987 | 114,404,484 | 214,131,927 | $1,773,966 | $2,817,290 | ||||||||||||
Net realized gain (loss) | (7,179,145 | ) | 1,116,761 | (51,974,376 | ) | 44,119,904 | (23,862 | ) | (404,972 | ) | ||||||||
Change in net unrealized appreciation (depreciation) | (35,821,408 | ) | 19,236,300 | (209,009,556 | ) | 76,396,716 | (3,124,676 | ) | (620,205 | ) | ||||||||
Increase (decrease) in net assets resulting from operations | (24,829,026 | ) | 54,848,048 | (146,579,448 | ) | 334,648,547 | (1,374,572 | ) | 1,792,113 | |||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | — | — | (5,492,118 | ) | — | (551,243 | ) | ||||||||||
Series II | — | — | — | (12,511,326 | ) | — | (347,618 | ) | ||||||||||
Series NAV | — | (38,813,218 | ) | — | (240,873,500 | ) | — | (3,400,238 | ) | |||||||||
Total distributions | — | (38,813,218 | ) | — | (258,876,944 | ) | — | (4,299,099 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (46,253,617 | ) | 32,239,946 | (276,172,527 | ) | 98,504,400 | (9,715,264 | ) | (18,961,754 | ) | ||||||||
Total from portfolio share transactions | (46,253,617 | ) | 32,239,946 | (276,172,527 | ) | 98,504,400 | (9,715,264 | ) | (18,961,754 | ) | ||||||||
Total increase (decrease) | (71,082,643 | ) | 48,274,776 | (422,751,975 | ) | 174,276,003 | (11,089,836 | ) | (21,468,740 | ) | ||||||||
Net assets | ||||||||||||||||||
Beginning of period | 1,403,019,866 | 1,354,745,090 | 9,316,617,861 | 9,142,341,858 | 302,976,186 | 324,444,926 | ||||||||||||
End of period | $1,331,937,223 | $1,403,019,866 | $8,893,865,886 | $9,316,617,861 | $291,886,350 | $302,976,186 | ||||||||||||
Undistributed net investment income (loss) | $27,587,931 | $9,416,404 | $175,861,616 | $61,457,132 | $2,835,029 | $1,061,063 | ||||||||||||
Strategic Income | Ultra Short Term Bond | |||||||||||||||||
Opportunities Trust | Total Bond Market Trust | Trust | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $10,218,150 | $20,513,680 | $7,132,458 | $13,786,535 | $1,121,406 | $1,661,229 | ||||||||||||
Net realized gain (loss) | 6,885,706 | (3,182,724 | ) | (1,004,591 | ) | 1,217,563 | (12,948 | ) | (30,626 | ) | ||||||||
Change in net unrealized appreciation (depreciation) | (34,058,602 | ) | 15,759,692 | (15,919,326 | ) | 3,336,465 | (313,778 | ) | (446,425 | ) | ||||||||
Increase (decrease) in net assets resulting | ||||||||||||||||||
from operations | (16,954,746 | ) | 33,090,648 | (9,791,459 | ) | 18,340,563 | 794,680 | 1,184,178 | ||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (15,162,535 | ) | — | (7,033,373 | ) | — | (182,354 | ) | |||||||||
Series II | — | (1,319,118 | ) | — | (1,612,989 | ) | — | (3,010,660 | ) | |||||||||
Series NAV | — | (3,012,376 | ) | — | (7,595,586 | ) | — | (354,108 | ) | |||||||||
Total distributions | — | (19,494,029 | ) | — | (16,241,948 | ) | — | (3,547,122 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (43,457,095 | ) | 18,813,203 | 3,008,249 | (10,829,621 | ) | (36,446,480 | ) | (49,699,437 | ) | ||||||||
Total from portfolio share transactions | (43,457,095 | ) | 18,813,203 | 3,008,249 | (10,829,621 | ) | (36,446,480 | ) | (49,699,437 | ) | ||||||||
Total increase (decrease) | (60,411,841 | ) | 32,409,822 | (6,783,210 | ) | (8,731,006 | ) | (35,651,800 | ) | (52,062,381 | ) | |||||||
Net assets | ||||||||||||||||||
Beginning of period | 617,778,100 | 585,368,278 | 571,470,635 | 580,201,641 | 244,596,429 | 296,658,810 | ||||||||||||
End of period |
| $557,366,259 | $617,778,100 | $564,687,425 | $571,470,635 | $208,944,629 | $244,596,429 | |||||||||||
Undistributed net investment income (loss) | $19,289,334 | $9,071,184 | $10,602,228 | $3,469,770 | $1,947,934 | $826,528 |
The accompanying notes are an integral part of the financial statements. | 51 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||
Net real- | ||||||||||||||||||||||||||||
ized and | Total | |||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | ||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | ||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | |||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | |||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | ||||||||||||||
Active Bond Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 9.57 | 0.15 | (0.30) | (0.15) | — | — | — | 9.42 | (1.57)4 | 0.705 | 0.695 | 3.195 | 37 | 26 | ||||||||||||||
12-31-2017 | 9.45 | 0.29 | 0.17 | 0.46 | (0.34) | — | (0.34) | 9.57 | 4.84 | 0.70 | 0.69 | 3.01 | 38 | 86 | ||||||||||||||
12-31-2016 | 9.40 | 0.31 | 0.10 | 0.41 | (0.36) | — | (0.36) | 9.45 | 4.34 | 0.686 | 0.686 | 3.18 | 41 | 84 | ||||||||||||||
12-31-2015 | 9.88 | 0.33 | (0.31) | 0.02 | (0.50) | — | (0.50) | 9.40 | 0.17 | 0.69 | 0.69 | 3.31 | 44 | 60 | ||||||||||||||
12-31-2014 | 9.60 | 0.31 | 0.34 | 0.65 | (0.37) | — | (0.37) | 9.88 | 6.81 | 0.69 | 0.68 | 3.13 | 49 | 62 | ||||||||||||||
12-31-2013 | 10.16 | 0.36 | (0.33) | 0.03 | (0.59) | — | (0.59) | 9.60 | 0.24 | 0.69 | 0.68 | 3.52 | 51 | 82 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 9.59 | 0.14 | (0.30) | (0.16) | — | — | — | 9.43 | (1.67)4 | 0.905 | 0.895 | 2.995 | 158 | 26 | ||||||||||||||
12-31-2017 | 9.47 | 0.28 | 0.16 | 0.44 | (0.32) | — | (0.32) | 9.59 | 4.63 | 0.90 | 0.89 | 2.81 | 167 | 86 | ||||||||||||||
12-31-2016 | 9.41 | 0.29 | 0.11 | 0.40 | (0.34) | — | (0.34) | 9.47 | 4.23 | 0.886 | 0.886 | 2.98 | 167 | 84 | ||||||||||||||
12-31-2015 | 9.90 | 0.31 | (0.32) | (0.01) | (0.48) | — | (0.48) | 9.41 | (0.14) | 0.89 | 0.89 | 3.13 | 184 | 60 | ||||||||||||||
12-31-2014 | 9.62 | 0.29 | 0.34 | 0.63 | (0.35) | — | (0.35) | 9.90 | 6.59 | 0.89 | 0.88 | 2.94 | 215 | 62 | ||||||||||||||
12-31-2013 | 10.18 | 0.34 | (0.33) | 0.01 | (0.57) | — | (0.57) | 9.62 | 0.05 | 0.89 | 0.88 | 3.31 | 253 | 82 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 9.58 | 0.15 | (0.31) | (0.16) | — | — | — | 9.42 | (1.67)4 | 0.655 | 0.645 | 3.245 | 513 | 26 | ||||||||||||||
12-31-2017 | 9.46 | 0.30 | 0.16 | 0.46 | (0.34) | — | (0.34) | 9.58 | 4.89 | 0.65 | 0.64 | 3.06 | 535 | 86 | ||||||||||||||
12-31-2016 | 9.40 | 0.31 | 0.11 | 0.42 | (0.36) | — | (0.36) | 9.46 | 4.50 | 0.636 | 0.636 | 3.23 | 536 | 84 | ||||||||||||||
12-31-2015 | 9.89 | 0.33 | (0.32) | 0.01 | (0.50) | — | (0.50) | 9.40 | 0.12 | 0.64 | 0.64 | 3.35 | 546 | 60 | ||||||||||||||
12-31-2014 | 9.60 | 0.32 | 0.35 | 0.67 | (0.38) | — | (0.38) | 9.89 | 6.97 | 0.64 | 0.63 | 3.17 | 573 | 62 | ||||||||||||||
12-31-2013 | 10.17 | 0.36 | (0.34) | 0.02 | (0.59) | — | (0.59) | 9.60 | 0.19 | 0.64 | 0.63 | 3.54 | 552 | 82 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.01%. | ||||||||||||||||||||||||||||
Core Bond Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 13.08 | 0.14 | (0.39) | (0.25) | — | — | — | 12.83 | (1.91)4 | 0.685 | 0.675 | 2.135 | 100 | 148 | ||||||||||||||
12-31-2017 | 13.09 | 0.24 | 0.20 | 0.44 | (0.28) | (0.17) | (0.45) | 13.08 | 3.40 | 0.67 | 0.67 | 1.83 | 108 | 332 | ||||||||||||||
12-31-2016 | 13.01 | 0.22 | 0.14 | 0.36 | (0.27) | (0.01) | (0.28) | 13.09 | 2.74 | 0.67 | 0.66 | 1.63 | 121 | 486 | ||||||||||||||
12-31-2015 | 13.22 | 0.21 | (0.17) | 0.04 | (0.22) | (0.03) | (0.25) | 13.01 | 0.31 | 0.68 | 0.67 | 1.57 | 141 | 4256 | ||||||||||||||
12-31-2014 | 12.85 | 0.21 | 0.55 | 0.76 | (0.39) | — | (0.39) | 13.22 | 5.93 | 0.67 | 0.67 | 1.59 | 1 | 356 | ||||||||||||||
12-31-2013 | 13.96 | 0.21 | (0.50) | (0.29) | (0.29) | (0.53) | (0.82) | 12.85 | (2.16) | 0.67 | 0.66 | 1.54 | 1 | 326 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 13.07 | 0.12 | (0.38) | (0.26) | — | — | — | 12.81 | (1.99)4 | 0.885 | 0.875 | 1.935 | 89 | 148 | ||||||||||||||
12-31-2017 | 13.08 | 0.22 | 0.20 | 0.42 | (0.26) | (0.17) | (0.43) | 13.07 | 3.21 | 0.87 | 0.87 | 1.63 | 101 | 332 | ||||||||||||||
12-31-2016 | 13.00 | 0.19 | 0.14 | 0.33 | (0.24) | (0.01) | (0.25) | 13.08 | 2.54 | 0.87 | 0.86 | 1.43 | 114 | 486 | ||||||||||||||
12-31-2015 | 13.21 | 0.18 | (0.16) | 0.02 | (0.20) | (0.03) | (0.23) | 13.00 | 0.11 | 0.88 | 0.87 | 1.36 | 128 | 4256 | ||||||||||||||
12-31-2014 | 12.84 | 0.18 | 0.55 | 0.73 | (0.36) | — | (0.36) | 13.21 | 5.73 | 0.87 | 0.87 | 1.40 | 8 | 356 | ||||||||||||||
12-31-2013 | 13.95 | 0.18 | (0.50) | (0.32) | (0.26) | (0.53) | (0.79) | 12.84 | (2.35) | 0.87 | 0.86 | 1.34 | 9 | 326 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 13.02 | 0.14 | (0.38) | (0.24) | — | — | — | 12.78 | (1.84)4 | 0.635 | 0.625 | 2.185 | 975 | 148 | ||||||||||||||
12-31-2017 | 13.03 | 0.25 | 0.20 | 0.45 | (0.29) | (0.17) | (0.46) | 13.02 | 3.47 | 0.62 | 0.62 | 1.88 | 1,037 | 332 | ||||||||||||||
12-31-2016 | 12.96 | 0.22 | 0.14 | 0.36 | (0.28) | (0.01) | (0.29) | 13.03 | 2.72 | 0.62 | 0.61 | 1.68 | 987 | 486 | ||||||||||||||
12-31-2015 | 13.17 | 0.21 | (0.16) | 0.05 | (0.23) | (0.03) | (0.26) | 12.96 | 0.36 | 0.63 | 0.62 | 1.60 | 1,049 | 4256 | ||||||||||||||
12-31-2014 | 12.80 | 0.22 | 0.55 | 0.77 | (0.40) | — | (0.40) | 13.17 | 6.01 | 0.62 | 0.62 | 1.65 | 1,018 | 356 | ||||||||||||||
12-31-2013 | 13.91 | 0.22 | (0.51) | (0.29) | (0.29) | (0.53) | (0.82) | 12.80 | (2.11) | 0.62 | 0.61 | 1.60 | 1,690 | 326 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Excludes merger activity. |
The accompanying notes are an integral part of the financial statements. | 52 |
John Hancock Variable Insurance Trust |
Financial Highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | ||||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | |||||||||||||||||||||||||||
Net real- | |||||||||||||||||||||||||||||
ized and | Total | ||||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | |||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | |||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | ||||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | ||||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | |||||||||||||||
Global Bond Trust | |||||||||||||||||||||||||||||
Series I | |||||||||||||||||||||||||||||
6-30-20183 | 12.93 | 0.13 | (0.24) | (0.11) | — | — | — | 12.82 | (0.85)4 | 0.835 | 0.825 | 2.035 | 34 | 17 | |||||||||||||||
12-31-2017 | 12.16 | 0.24 | 0.82 | 1.06 | (0.29) | — | (0.29) | 12.93 | 8.75 | 0.83 | 0.82 | 1.87 | 37 | 47 | |||||||||||||||
12-31-2016 | 11.80 | 0.28 | 0.08 | 0.36 | — | — | — | 12.16 | 3.05 | 0.816 | 0.806 | 2.18 | 40 | 57 | |||||||||||||||
12-31-2015 | 12.54 | 0.24 | (0.66) | (0.42) | (0.32) | — | (0.32) | 11.80 | (3.50) | 0.83 | 0.82 | 1.95 | 42 | 81 | |||||||||||||||
12-31-2014 | 12.39 | 0.31 | (0.04) | 0.27 | (0.12) | — | (0.12) | 12.54 | 2.28 | 0.83 | 0.83 | 2.43 | 52 | 69 | |||||||||||||||
12-31-2013 | 13.16 | 0.27 | (0.98) | (0.71) | (0.06) | — | (0.06) | 12.39 | (5.42) | 0.85 | 0.85 | 2.11 | 60 | 123 | |||||||||||||||
Series II | |||||||||||||||||||||||||||||
6-30-20183 | 12.77 | 0.12 | (0.23) | (0.11) | — | — | — | 12.66 | (0.86)4 | 1.035 | 1.025 | 1.835 | 72 | 17 | |||||||||||||||
12-31-2017 | 12.00 | 0.21 | 0.81 | 1.02 | (0.25) | — | (0.25) | 12.77 | 8.48 | 1.03 | 1.02 | 1.67 | 80 | 47 | |||||||||||||||
12-31-2016 | 11.66 | 0.25 | 0.09 | 0.34 | — | — | — | 12.00 | 2.92 | 1.016 | 1.006 | 1.98 | 81 | 57 | |||||||||||||||
12-31-2015 | 12.42 | 0.21 | (0.66) | (0.45) | (0.31) | — | (0.31) | 11.66 | (3.73) | 1.03 | 1.02 | 1.75 | 88 | 81 | |||||||||||||||
12-31-2014 | 12.27 | 0.28 | (0.03) | 0.25 | (0.10) | — | (0.10) | 12.42 | 2.13 | 1.03 | 1.03 | 2.23 | 113 | 69 | |||||||||||||||
12-31-2013 | 13.04 | 0.24 | (0.98) | (0.74) | (0.03) | — | (0.03) | 12.27 | (5.67) | 1.05 | 1.05 | 1.91 | 137 | 123 | |||||||||||||||
Series NAV | |||||||||||||||||||||||||||||
6-30-20183 | 12.88 | 0.13 | (0.23) | (0.10) | — | — | — | 12.78 | (0.70)4 | 0.785 | 0.775 | 2.095 | 459 | 17 | |||||||||||||||
12-31-2017 | 12.12 | 0.24 | 0.82 | 1.06 | (0.30) | — | (0.30) | 12.88 | 8.71 | 0.78 | 0.77 | 1.92 | 472 | 47 | |||||||||||||||
12-31-2016 | 11.75 | 0.28 | 0.09 | 0.37 | — | — | — | 12.12 | 3.15 | 0.766 | 0.756 | 2.22 | 446 | 57 | |||||||||||||||
12-31-2015 | 12.49 | 0.24 | (0.66) | (0.42) | (0.32) | — | (0.32) | 11.75 | (3.50) | 0.78 | 0.77 | 2.00 | 495 | 81 | |||||||||||||||
12-31-2014 | 12.33 | 0.32 | (0.03) | 0.29 | (0.13) | — | (0.13) | 12.49 | 2.42 | 0.78 | 0.78 | 2.48 | 557 | 69 | |||||||||||||||
12-31-2013 | 13.12 | 0.27 | (1.00) | (0.73) | (0.06) | — | (0.06) | 12.33 | (5.54) | 0.80 | 0.80 | 2.17 | 683 | 123 | |||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. | |||||||||||||||||||||||||||||
High Yield Trust | |||||||||||||||||||||||||||||
Series I | |||||||||||||||||||||||||||||
6-30-20183 | 5.32 | 0.16 | (0.15) | 0.01 | — | — | — | 5.33 | 0.194 | 0.825 | 0.815 | 5.965 | 79 | 32 | |||||||||||||||
12-31-2017 | 5.23 | 0.30 | 0.09 | 0.39 | (0.30) | — | (0.30) | 5.32 | 7.50 | 0.85 | 0.84 | 5.62 | 81 | 61 | |||||||||||||||
12-31-2016 | 4.81 | 0.34 | 0.45 | 0.79 | (0.37) | — | (0.37) | 5.23 | 16.26 | 0.756 | 0.746 | 6.74 | 88 | 61 | |||||||||||||||
12-31-2015 | 5.70 | 0.37 | (0.84) | (0.47) | (0.42) | — | (0.42) | 4.81 | (8.32) | 0.80 | 0.79 | 6.51 | 83 | 74 | |||||||||||||||
12-31-2014 | 6.09 | 0.39 | (0.36) | 0.03 | (0.42) | — | (0.42) | 5.70 | 0.28 | 0.78 | 0.77 | 6.33 | 105 | 72 | |||||||||||||||
12-31-2013 | 6.01 | 0.40 | 0.10 | 0.50 | (0.42) | — | (0.42) | 6.09 | 8.35 | 0.79 | 0.78 | 6.44 | 122 | 99 | |||||||||||||||
Series II | |||||||||||||||||||||||||||||
6-30-20183 | 5.43 | 0.16 | (0.15) | 0.01 | — | — | — | 5.44 | 0.184 | 1.025 | 1.015 | 5.765 | 57 | 32 | |||||||||||||||
12-31-2017 | 5.34 | 0.30 | 0.08 | 0.38 | (0.29) | — | (0.29) | 5.43 | 7.13 | 1.05 | 1.04 | 5.42 | 62 | 61 | |||||||||||||||
12-31-2016 | 4.91 | 0.34 | 0.45 | 0.79 | (0.36) | — | (0.36) | 5.34 | 16.16 | 0.956 | 0.946 | 6.54 | 65 | 61 | |||||||||||||||
12-31-2015 | 5.80 | 0.36 | (0.84) | (0.48) | (0.41) | — | (0.41) | 4.91 | (8.55) | 1.00 | 0.99 | 6.32 | 69 | 74 | |||||||||||||||
12-31-2014 | 6.19 | 0.39 | (0.37) | 0.02 | (0.41) | — | (0.41) | 5.80 | 0.08 | 0.98 | 0.97 | 6.12 | 90 | 72 | |||||||||||||||
12-31-2013 | 6.11 | 0.40 | 0.09 | 0.49 | (0.41) | — | (0.41) | 6.19 | 8.01 | 0.99 | 0.98 | 6.24 | 116 | 99 | |||||||||||||||
Series NAV | |||||||||||||||||||||||||||||
6-30-20183 | 5.24 | 0.16 | (0.15) | 0.01 | — | — | — | 5.25 | 0.194 | 0.775 | 0.765 | 6.015 | 88 | 32 | |||||||||||||||
12-31-2017 | 5.16 | 0.30 | 0.08 | 0.38 | (0.30) | — | (0.30) | 5.24 | 7.46 | 0.80 | 0.79 | 5.67 | 88 | 61 | |||||||||||||||
12-31-2016 | 4.75 | 0.34 | 0.44 | 0.78 | (0.37) | — | (0.37) | 5.16 | 16.56 | 0.706 | 0.706 | 6.77 | 97 | 61 | |||||||||||||||
12-31-2015 | 5.63 | 0.36 | (0.81) | (0.45) | (0.43) | — | (0.43) | 4.75 | (8.38) | 0.75 | 0.74 | 6.56 | 81 | 74 | |||||||||||||||
12-31-2014 | 6.02 | 0.39 | (0.36) | 0.03 | (0.42) | — | (0.42) | 5.63 | 0.33 | 0.73 | 0.72 | 6.38 | 90 | 72 | |||||||||||||||
12-31-2013 | 5.95 | 0.40 | 0.09 | 0.49 | (0.42) | — | (0.42) | 6.02 | 8.31 | 0.74 | 0.73 | 6.46 | 97 | 99 | |||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.06%. |
The accompanying notes are an integral part of the financial statements. | 53 |
John Hancock Variable Insurance Trust |
Financial Highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||
Net real- | ||||||||||||||||||||||||||||
ized and | Total | |||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | ||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | ||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | |||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | |||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | ||||||||||||||
Investment Quality Bond Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 11.15 | 0.14 | (0.32) | (0.18) | — | — | — | 10.97 | (1.61)4 | 0.735 | 0.725 | 2.595 | 148 | 26 | ||||||||||||||
12-31-2017 | 10.99 | 0.25 | 0.25 | 0.50 | (0.29) | (0.05) | (0.34) | 11.15 | 4.60 | 0.72 | 0.71 | 2.24 | 156 | 72 | ||||||||||||||
12-31-2016 | 10.84 | 0.27 | 0.20 | 0.47 | (0.25) | (0.07) | (0.32) | 10.99 | 4.29 | 0.676 | 0.666 | 2.44 | 161 | 60 | ||||||||||||||
12-31-2015 | 11.65 | 0.26 | (0.36) | (0.10) | (0.21) | (0.50) | (0.71) | 10.84 | (0.82) | 0.69 | 0.69 | 2.28 | 166 | 97 | ||||||||||||||
12-31-2014 | 11.41 | 0.31 | 0.31 | 0.62 | (0.35) | (0.03) | (0.38) | 11.65 | 5.47 | 0.69 | 0.69 | 2.60 | 190 | 109 | ||||||||||||||
12-31-2013 | 12.34 | 0.32 | (0.55) | (0.23) | (0.47) | (0.23) | (0.70) | 11.41 | (1.93) | 0.69 | 0.68 | 2.68 | 205 | 79 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 11.15 | 0.13 | (0.32) | (0.19) | — | — | — | 10.96 | (1.70)4 | 0.935 | 0.925 | 2.395 | 78 | 26 | ||||||||||||||
12-31-2017 | 11.00 | 0.23 | 0.24 | 0.47 | (0.27) | (0.05) | (0.32) | 11.15 | 4.30 | 0.92 | 0.91 | 2.04 | 83 | 72 | ||||||||||||||
12-31-2016 | 10.85 | 0.25 | 0.20 | 0.45 | (0.23) | (0.07) | (0.30) | 11.00 | 4.08 | 0.876 | 0.866 | 2.25 | 84 | 60 | ||||||||||||||
12-31-2015 | 11.66 | 0.24 | (0.36) | (0.12) | (0.19) | (0.50) | (0.69) | 10.85 | (1.02) | 0.89 | 0.89 | 2.08 | 91 | 97 | ||||||||||||||
12-31-2014 | 11.42 | 0.28 | 0.32 | 0.60 | (0.33) | (0.03) | (0.36) | 11.66 | 5.26 | 0.89 | 0.89 | 2.40 | 107 | 109 | ||||||||||||||
12-31-2013 | 12.35 | 0.30 | (0.56) | (0.26) | (0.44) | (0.23) | (0.67) | 11.42 | (2.12) | 0.89 | 0.88 | 2.48 | 116 | 79 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 11.11 | 0.14 | (0.32) | (0.18) | — | — | — | 10.93 | (1.62)4 | 0.685 | 0.675 | 2.665 | 40 | 26 | ||||||||||||||
12-31-2017 | 10.95 | 0.26 | 0.25 | 0.51 | (0.30) | (0.05) | (0.35) | 11.11 | 4.68 | 0.67 | 0.66 | 2.28 | 35 | 72 | ||||||||||||||
12-31-2016 | 10.81 | 0.27 | 0.20 | 0.47 | (0.26) | (0.07) | (0.33) | 10.95 | 4.26 | 0.636 | 0.626 | 2.44 | 52 | 60 | ||||||||||||||
12-31-2015 | 11.61 | 0.27 | (0.35) | (0.08) | (0.22) | (0.50) | (0.72) | 10.81 | (0.68) | 0.64 | 0.64 | 2.35 | 24 | 97 | ||||||||||||||
12-31-2014 | 11.37 | 0.31 | 0.32 | 0.63 | (0.36) | (0.03) | (0.39) | 11.61 | 5.54 | 0.64 | 0.64 | 2.63 | 19 | 109 | ||||||||||||||
12-31-2013 | 12.30 | 0.33 | (0.56) | (0.23) | (0.47) | (0.23) | (0.70) | 11.37 | (1.88) | 0.64 | 0.63 | 2.71 | 17 | 79 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. | ||||||||||||||||||||||||||||
Money Market Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 1.00 | 0.006 | 0.004 | 0.010 | (0.006) | — | (0.006) | 1.00 | 0.644 | 0.475 | 0.335 | 1.285 | 1,314 | — | ||||||||||||||
12-31-2017 | 1.00 | 0.006 | —6 | 0.006 | (0.006) | —6 | (0.006) | 1.00 | 0.59 | 0.46 | 0.33 | 0.58 | 1,372 | — | ||||||||||||||
12-31-2016 | 1.00 | 0.001 | —6 | 0.001 | (0.001) | — | (0.001) | 1.00 | 0.07 | 0.48 | 0.35 | 0.07 | 1,718 | — | ||||||||||||||
12-31-2015 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.007 | 0.56 | 0.17 | — | 1,714 | — | ||||||||||||||
12-31-2014 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.007 | 0.56 | 0.16 | — | 1,794 | — | ||||||||||||||
12-31-2013 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.01 | 0.56 | 0.24 | — | 2,110 | — | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 1.00 | 0.005 | 0.005 | 0.010 | (0.005) | — | (0.005) | 1.00 | 0.544 | 0.675 | 0.535 | 1.075 | 153 | — | ||||||||||||||
12-31-2017 | 1.00 | 0.004 | —6 | 0.004 | (0.004) | —6 | (0.004) | 1.00 | 0.39 | 0.66 | 0.53 | 0.38 | 173 | — | ||||||||||||||
12-31-2016 | 1.00 | — | —6 | —6 | — | — | — | 1.00 | 0.00 | 0.68 | 0.42 | — | 211 | — | ||||||||||||||
12-31-2015 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.007 | 0.76 | 0.17 | — | 253 | — | ||||||||||||||
12-31-2014 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.007 | 0.76 | 0.16 | — | 315 | — | ||||||||||||||
12-31-2013 | 1.00 | — | —6 | —6 | — | —6 | —6 | 1.00 | 0.01 | 0.76 | 0.24 | — | 436 | — | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 1.00 | 0.007 | 0.003 | 0.010 | (0.007) | — | (0.007) | 1.00 | 0.664 | 0.425 | 0.285 | 1.335 | 367 | — | ||||||||||||||
12-31-2017 | 1.00 | 0.006 | —6 | 0.006 | (0.006) | —6 | (0.006) | 1.00 | 0.64 | 0.41 | 0.28 | 0.63 | 398 | — | ||||||||||||||
12-31-20168 | 1.00 | 0.001 | —6 | 0.001 | (0.001) | — | (0.001) | 1.00 | 0.114 | 0.435 | 0.345 | 0.165 | 394 | — | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Less than $0.0005 per share. 7. Less than 0.005%. 8. After the close of business on April 29, 2016, holders of Series NAV shares of Money Market Trust B became owners of an equal number of full and fractional Series NAV shares of Money Market Trust. These shares were first offered on 5-2-16. | ||||||||||||||||||||||||||||
New Income Trust | ||||||||||||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 12.68 | 0.17 | (0.39) | (0.22) | — | — | — | 12.46 | (1.74)4 | 0.595 | 0.585 | 2.695 | 1,332 | 31 | ||||||||||||||
12-31-2017 | 12.54 | 0.32 | 0.18 | 0.50 | (0.36) | — | (0.36) | 12.68 | 3.99 | 0.59 | 0.58 | 2.48 | 1,403 | 60 | ||||||||||||||
12-31-2016 | 12.63 | 0.30 | 0.05 | 0.35 | (0.38) | (0.06) | (0.44) | 12.54 | 2.73 | 0.576 | 0.566 | 2.34 | 1,355 | 51 | ||||||||||||||
12-31-2015 | 13.04 | 0.31 | (0.28) | 0.03 | (0.40) | (0.04) | (0.44) | 12.63 | 0.22 | 0.59 | 0.57 | 2.38 | 1,464 | 47 | ||||||||||||||
12-31-2014 | 12.90 | 0.33 | 0.42 | 0.75 | (0.61) | — | (0.61) | 13.04 | 5.83 | 0.62 | 0.60 | 2.52 | 1,734 | 54 | ||||||||||||||
12-31-2013 | 13.80 | 0.33 | (0.62) | (0.29) | (0.43) | (0.18) | (0.61) | 12.90 | (2.12) | 0.65 | 0.63 | 2.40 | 2,783 | 57 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. |
The accompanying notes are an integral part of the financial statements. | 54 |
John Hancock Variable Insurance Trust |
Financial Highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||
Net real- | ||||||||||||||||||||||||||||
ized and | Total | |||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | ||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | ||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | |||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | |||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | ||||||||||||||
Select Bond Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 13.42 | 0.16 | (0.37) | (0.21) | — | — | — | 13.21 | (1.56)4 | 0.655 | 0.625 | 2.515 | 192 | 42 | ||||||||||||||
12-31-2017 | 13.31 | 0.31 | 0.18 | 0.49 | (0.38) | — | (0.38) | 13.42 | 3.67 | 0.65 | 0.63 | 2.28 | 201 | 92 | ||||||||||||||
12-31-2016 | 13.30 | 0.31 | 0.10 | 0.41 | (0.40) | — | (0.40) | 13.31 | 3.06 | 0.65 | 0.64 | 2.23 | 203 | 736 | ||||||||||||||
12-31-2015 | 13.67 | 0.31 | (0.27) | 0.04 | (0.41) | — | (0.41) | 13.30 | 0.24 | 0.65 | 0.64 | 2.23 | 203 | 62 | ||||||||||||||
12-31-2014 | 13.30 | 0.31 | 0.42 | 0.73 | (0.36) | — | (0.36) | 13.67 | 5.53 | 0.64 | 0.64 | 2.23 | 228 | 1046 | ||||||||||||||
12-31-2013 | 13.99 | 0.27 | (0.46) | (0.19) | (0.40) | (0.10) | (0.50) | 13.30 | (1.36) | 0.65 | 0.64 | 1.97 | 249 | 104 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 13.44 | 0.15 | (0.38) | (0.23) | — | — | — | 13.21 | (1.71)4 | 0.855 | 0.825 | 2.325 | 475 | 42 | ||||||||||||||
12-31-2017 | 13.33 | 0.28 | 0.18 | 0.46 | (0.35) | — | (0.35) | 13.44 | 3.46 | 0.85 | 0.83 | 2.08 | 491 | 92 | ||||||||||||||
12-31-2016 | 13.32 | 0.28 | 0.10 | 0.38 | (0.37) | — | (0.37) | 13.33 | 2.85 | 0.85 | 0.84 | 2.03 | 506 | 736 | ||||||||||||||
12-31-2015 | 13.69 | 0.28 | (0.27) | 0.01 | (0.38) | — | (0.38) | 13.32 | 0.04 | 0.85 | 0.84 | 2.03 | 511 | 62 | ||||||||||||||
12-31-2014 | 13.31 | 0.28 | 0.44 | 0.72 | (0.34) | — | (0.34) | 13.69 | 5.40 | 0.84 | 0.84 | 2.03 | 558 | 1046 | ||||||||||||||
12-31-2013 | 14.01 | 0.24 | (0.46) | (0.22) | (0.38) | (0.10) | (0.48) | 13.31 | (1.63) | 0.85 | 0.84 | 1.77 | 629 | 104 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 13.41 | 0.17 | (0.37) | (0.20) | — | — | — | 13.21 | (1.49)4 | 0.605 | 0.575 | 2.565 | 8,227 | 42 | ||||||||||||||
12-31-2017 | 13.31 | 0.32 | 0.16 | 0.48 | (0.38) | — | (0.38) | 13.41 | 3.65 | 0.60 | 0.58 | 2.33 | 8,625 | 92 | ||||||||||||||
12-31-2016 | 13.29 | 0.31 | 0.12 | 0.43 | (0.41) | — | (0.41) | 13.31 | 3.19 | 0.60 | 0.59 | 2.28 | 8,433 | 736 | ||||||||||||||
12-31-2015 | 13.66 | 0.31 | (0.27) | 0.04 | (0.41) | — | (0.41) | 13.29 | 0.29 | 0.60 | 0.59 | 2.28 | 8,459 | 62 | ||||||||||||||
12-31-2014 | 13.29 | 0.31 | 0.43 | 0.74 | (0.37) | — | (0.37) | 13.66 | 5.59 | 0.59 | 0.59 | 2.25 | 9,854 | 1046 | ||||||||||||||
12-31-2013 | 13.98 | 0.28 | (0.46) | (0.18) | (0.41) | (0.10) | (0.51) | 13.29 | (1.32) | 0.60 | 0.59 | 2.03 | 7,366 | 104 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Excludes merger activity. | ||||||||||||||||||||||||||||
Short Term Government Income Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 12.02 | 0.07 | (0.13) | (0.06) | — | — | — | 11.96 | (0.50)4 | 0.675 | 0.675 | 1.185 | 35 | 4 | ||||||||||||||
12-31-2017 | 12.12 | 0.11 | (0.04) | 0.07 | (0.17) | — | (0.17) | 12.02 | 0.57 | 0.67 | 0.66 | 0.88 | 38 | 47 | ||||||||||||||
12-31-2016 | 12.25 | 0.09 | (0.02) | 0.07 | (0.20) | — | (0.20) | 12.12 | 0.57 | 0.646 | 0.646 | 0.76 | 41 | 71 | ||||||||||||||
12-31-2015 | 12.39 | 0.09 | (0.01) | 0.08 | (0.22) | — | (0.22) | 12.25 | 0.64 | 0.66 | 0.65 | 0.70 | 45 | 43 | ||||||||||||||
12-31-2014 | 12.50 | 0.08 | 0.06 | 0.14 | (0.25) | — | (0.25) | 12.39 | 1.15 | 0.66 | 0.65 | 0.64 | 51 | 46 | ||||||||||||||
12-31-2013 | 12.87 | 0.08 | (0.19) | (0.11) | (0.26) | — | (0.26) | 12.50 | (0.86) | 0.65 | 0.65 | 0.62 | 63 | 55 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 12.02 | 0.06 | (0.12) | (0.06) | — | — | — | 11.96 | (0.58)4 | 0.875 | 0.875 | 0.975 | 24 | 4 | ||||||||||||||
12-31-2017 | 12.13 | 0.08 | (0.04) | 0.04 | (0.15) | — | (0.15) | 12.02 | 0.37 | 0.87 | 0.86 | 0.68 | 28 | 47 | ||||||||||||||
12-31-2016 | 12.25 | 0.07 | (0.01) | 0.06 | (0.18) | — | (0.18) | 12.13 | 0.45 | 0.846 | 0.846 | 0.56 | 33 | 71 | ||||||||||||||
12-31-2015 | 12.40 | 0.06 | (0.01) | 0.05 | (0.20) | — | (0.20) | 12.25 | 0.36 | 0.86 | 0.85 | 0.50 | 36 | 43 | ||||||||||||||
12-31-2014 | 12.51 | 0.06 | 0.06 | 0.12 | (0.23) | — | (0.23) | 12.40 | 0.94 | 0.86 | 0.85 | 0.44 | 38 | 46 | ||||||||||||||
12-31-2013 | 12.88 | 0.05 | (0.19) | (0.14) | (0.23) | — | (0.23) | 12.51 | (1.06) | 0.85 | 0.85 | 0.43 | 49 | 55 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 12.02 | 0.07 | (0.13) | (0.06) | — | — | — | 11.96 | (0.50)4 | 0.625 | 0.625 | 1.235 | 232 | 4 | ||||||||||||||
12-31-2017 | 12.12 | 0.11 | (0.03) | 0.08 | (0.18) | — | (0.18) | 12.02 | 0.62 | 0.62 | 0.61 | 0.93 | 237 | 47 | ||||||||||||||
12-31-2016 | 12.25 | 0.10 | (0.02) | 0.08 | (0.21) | — | (0.21) | 12.12 | 0.62 | 0.596 | 0.596 | 0.81 | 251 | 71 | ||||||||||||||
12-31-2015 | 12.39 | 0.09 | —7 | 0.09 | (0.23) | — | (0.23) | 12.25 | 0.69 | 0.61 | 0.60 | 0.75 | 247 | 43 | ||||||||||||||
12-31-2014 | 12.50 | 0.09 | 0.06 | 0.15 | (0.26) | — | (0.26) | 12.39 | 1.20 | 0.61 | 0.60 | 0.69 | 303 | 46 | ||||||||||||||
12-31-2013 | 12.86 | 0.09 | (0.18) | (0.09) | (0.27) | — | (0.27) | 12.50 | (0.74) | 0.60 | 0.60 | 0.67 | 311 | 55 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. 7. Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 55 |
John Hancock Variable Insurance Trust |
Financial Highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||
Net real- | ||||||||||||||||||||||||||||
ized and | Total | |||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | ||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | ||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | |||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | |||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | ||||||||||||||
Strategic Income Opportunities Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 13.72 | 0.23 | (0.62) | (0.39) | — | — | — | 13.33 | (2.84)4 | 0.735 | 0.735 | 3.475 | 430 | 46 | ||||||||||||||
12-31-2017 | 13.41 | 0.46 | 0.29 | 0.75 | (0.44) | — | (0.44) | 13.72 | 5.59 | 0.73 | 0.73 | 3.36 | 477 | 40 | ||||||||||||||
12-31-2016 | 13.07 | 0.40 | 0.27 | 0.67 | (0.33) | — | (0.33) | 13.41 | 5.12 | 0.726 | 0.716 | 2.95 | 473 | 42 | ||||||||||||||
12-31-2015 | 13.24 | 0.43 | (0.27) | 0.16 | (0.33) | — | (0.33) | 13.07 | 1.22 | 0.74 | 0.74 | 3.18 | 441 | 49 | ||||||||||||||
12-31-2014 | 13.17 | 0.56 | 0.11 | 0.67 | (0.60) | — | (0.60) | 13.24 | 5.14 | 0.75 | 0.74 | 4.13 | 415 | 50 | ||||||||||||||
12-31-2013 | 13.44 | 0.65 | (0.15) | 0.50 | (0.77) | — | (0.77) | 13.17 | 3.74 | 0.78 | 0.78 | 4.75 | 380 | 45 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 13.76 | 0.22 | (0.63) | (0.41) | — | — | — | 13.35 | (2.98)4 | 0.935 | 0.935 | 3.275 | 41 | 46 | ||||||||||||||
12-31-2017 | 13.45 | 0.44 | 0.28 | 0.72 | (0.41) | — | (0.41) | 13.76 | 5.37 | 0.93 | 0.93 | 3.16 | 45 | 40 | ||||||||||||||
12-31-2016 | 13.10 | 0.37 | 0.28 | 0.65 | (0.30) | — | (0.30) | 13.45 | 4.98 | 0.926 | 0.916 | 2.74 | 46 | 42 | ||||||||||||||
12-31-2015 | 13.27 | 0.40 | (0.26) | 0.14 | (0.31) | — | (0.31) | 13.10 | 1.01 | 0.94 | 0.94 | 2.98 | 51 | 49 | ||||||||||||||
12-31-2014 | 13.20 | 0.53 | 0.12 | 0.65 | (0.58) | — | (0.58) | 13.27 | 4.92 | 0.95 | 0.94 | 3.94 | 57 | 50 | ||||||||||||||
12-31-2013 | 13.47 | 0.63 | (0.16) | 0.47 | (0.74) | — | (0.74) | 13.20 | 3.53 | 0.98 | 0.98 | 4.56 | 65 | 45 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 13.68 | 0.24 | (0.63) | (0.39) | — | — | — | 13.29 | (2.85)4 | 0.685 | 0.685 | 3.525 | 86 | 46 | ||||||||||||||
12-31-2017 | 13.37 | 0.47 | 0.28 | 0.75 | (0.44) | — | (0.44) | 13.68 | 5.66 | 0.68 | 0.68 | 3.42 | 96 | 40 | ||||||||||||||
12-31-2016 | 13.03 | 0.40 | 0.27 | 0.67 | (0.33) | — | (0.33) | 13.37 | 5.19 | 0.676 | 0.666 | 2.98 | 66 | 42 | ||||||||||||||
12-31-2015 | 13.20 | 0.43 | (0.26) | 0.17 | (0.34) | — | (0.34) | 13.03 | 1.27 | 0.69 | 0.69 | 3.22 | 84 | 49 | ||||||||||||||
12-31-2014 | 13.13 | 0.56 | 0.12 | 0.68 | (0.61) | — | (0.61) | 13.20 | 5.21 | 0.70 | 0.69 | 4.18 | 53 | 50 | ||||||||||||||
12-31-2013 | 13.41 | 0.65 | (0.15) | 0.50 | (0.78) | — | (0.78) | 13.13 | 3.72 | 0.73 | 0.73 | 4.79 | 51 | 45 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Includes reimbursement for overbilling of custody expenses in prior years of 0.02%. | ||||||||||||||||||||||||||||
Total Bond Market Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 10.11 | 0.13 | (0.30) | (0.17) | — | — | — | 9.94 | (1.68)4 | 0.575 | 0.305 | 2.545 | 248 | 8 | ||||||||||||||
12-31-2017 | 10.08 | 0.24 | 0.08 | 0.32 | (0.29) | — | (0.29) | 10.11 | 3.18 | 0.57 | 0.30 | 2.39 | 247 | 46 | ||||||||||||||
12-31-2016 | 10.11 | 0.25 | (0.01) | 0.24 | (0.27) | — | (0.27) | 10.08 | 2.39 | 0.56 | 0.30 | 2.38 | 227 | 58 | ||||||||||||||
12-31-2015 | 10.37 | 0.26 | (0.23) | 0.03 | (0.29) | — | (0.29) | 10.11 | 0.25 | 0.56 | 0.30 | 2.53 | 172 | 67 | ||||||||||||||
12-31-2014 | 10.09 | 0.29 | 0.32 | 0.61 | (0.33) | — | (0.33) | 10.37 | 6.11 | 0.56 | 0.30 | 2.76 | 135 | 64 | ||||||||||||||
12-31-2013 | 10.71 | 0.27 | (0.53) | (0.26) | (0.36) | — | (0.36) | 10.09 | (2.49) | 0.54 | 0.30 | 2.55 | 106 | 62 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 10.13 | 0.12 | (0.31) | (0.19) | — | — | — | 9.94 | (1.88)4 | 0.775 | 0.505 | 2.345 | 57 | 8 | ||||||||||||||
12-31-2017 | 10.09 | 0.23 | 0.08 | 0.31 | (0.27) | — | (0.27) | 10.13 | 3.08 | 0.77 | 0.50 | 2.19 | 61 | 46 | ||||||||||||||
12-31-2016 | 10.12 | 0.23 | (0.01) | 0.22 | (0.25) | — | (0.25) | 10.09 | 2.19 | 0.76 | 0.50 | 2.18 | 73 | 58 | ||||||||||||||
12-31-2015 | 10.38 | 0.24 | (0.23) | 0.01 | (0.27) | — | (0.27) | 10.12 | 0.05 | 0.76 | 0.50 | 2.33 | 68 | 67 | ||||||||||||||
12-31-2014 | 10.10 | 0.27 | 0.32 | 0.59 | (0.31) | — | (0.31) | 10.38 | 5.90 | 0.76 | 0.50 | 2.56 | 69 | 64 | ||||||||||||||
12-31-2013 | 10.73 | 0.25 | (0.54) | (0.29) | (0.34) | — | (0.34) | 10.10 | (2.77) | 0.74 | 0.50 | 2.33 | 79 | 62 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 10.11 | 0.13 | (0.30) | (0.17) | — | — | — | 9.94 | (1.68)4 | 0.525 | 0.255 | 2.595 | 259 | 8 | ||||||||||||||
12-31-2017 | 10.07 | 0.26 | 0.08 | 0.34 | (0.30) | — | (0.30) | 10.11 | 3.34 | 0.52 | 0.25 | 2.45 | 264 | 46 | ||||||||||||||
12-31-2016 | 10.10 | 0.25 | —6 | 0.25 | (0.28) | — | (0.28) | 10.07 | 2.45 | 0.51 | 0.25 | 2.43 | 280 | 58 | ||||||||||||||
12-31-2015 | 10.36 | 0.27 | (0.24) | 0.03 | (0.29) | — | (0.29) | 10.10 | 0.30 | 0.51 | 0.25 | 2.58 | 266 | 67 | ||||||||||||||
12-31-2014 | 10.09 | 0.29 | 0.32 | 0.61 | (0.34) | — | (0.34) | 10.36 | 6.06 | 0.51 | 0.25 | 2.82 | 284 | 64 | ||||||||||||||
12-31-2013 | 10.71 | 0.27 | (0.53) | (0.26) | (0.36) | — | (0.36) | 10.09 | (2.44) | 0.49 | 0.25 | 2.60 | 286 | 62 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 56 |
John Hancock Variable Insurance Trust |
Financial Highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||
Income (loss) from | ||||||||||||||||||||||||||||
investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||
Net real- | ||||||||||||||||||||||||||||
ized and | Total | |||||||||||||||||||||||||||
Net asset | unreal- | from | Expenses | Expenses | Net | Net | ||||||||||||||||||||||
value, | Net | ized | invest- | Net asset | before | including | invest- | assets, | ||||||||||||||||||||
beginning | investment | gain (loss) | ment | From net | From net | Total | value, | Total | reduc- | reduc- | ment | end of | Portfolio | |||||||||||||||
of period | income | on invest- | opera- | investment | realized | distribu- | end of | return | tions | tions | income | period | turnover | |||||||||||||||
Period ended | ($) | (loss) ($)1 | ments ($) | tions ($) | income ($) | gain ($) | tions ($) | period ($) | (%)2 | (%) | (%) | (loss) (%) | (in millions) | (%) | ||||||||||||||
Ultra Short Term Bond Trust | ||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||
6-30-20183 | 11.41 | 0.07 | (0.02) | 0.05 | — | — | — | 11.46 | 0.444 | 0.675 | 0.665 | 1.175 | 10 | 28 | ||||||||||||||
12-31-2017 | 11.52 | 0.09 | (0.01) | 0.08 | (0.19) | — | (0.19) | 11.41 | 0.66 | 0.66 | 0.65 | 0.82 | 11 | 53 | ||||||||||||||
12-31-2016 | 11.64 | 0.05 | 0.01 | 0.06 | (0.18) | — | (0.18) | 11.52 | 0.52 | 0.65 | 0.64 | 0.43 | 12 | 86 | ||||||||||||||
12-31-2015 | 11.80 | 0.01 | (0.01) | —6 | (0.16) | — | (0.16) | 11.64 | (0.04) | 0.66 | 0.65 | 0.12 | 10 | 86 | ||||||||||||||
12-31-2014 | 11.98 | 0.01 | (0.01) | —6 | (0.18) | — | (0.18) | 11.80 | (0.02) | 0.66 | 0.65 | 0.05 | 9 | 69 | ||||||||||||||
12-31-2013 | 12.13 | 0.02 | (0.03) | (0.01) | (0.14) | — | (0.14) | 11.98 | (0.07) | 0.67 | 0.67 | 0.15 | 11 | 135 | ||||||||||||||
Series II | ||||||||||||||||||||||||||||
6-30-20183 | 11.41 | 0.05 | (0.01) | 0.04 | — | — | — | 11.45 | 0.354 | 0.875 | 0.865 | 0.965 | 168 | 28 | ||||||||||||||
12-31-2017 | 11.52 | 0.07 | (0.02) | 0.05 | (0.16) | — | (0.16) | 11.41 | 0.46 | 0.86 | 0.85 | 0.62 | 205 | 53 | ||||||||||||||
12-31-2016 | 11.64 | 0.03 | 0.01 | 0.04 | (0.16) | — | (0.16) | 11.52 | 0.32 | 0.85 | 0.84 | 0.23 | 268 | 86 | ||||||||||||||
12-31-2015 | 11.79 | (0.01) | (0.01) | (0.02) | (0.13) | — | (0.13) | 11.64 | (0.15) | 0.86 | 0.85 | (0.07) | 235 | 86 | ||||||||||||||
12-31-2014 | 11.98 | (0.02) | (0.02) | (0.04) | (0.15) | — | (0.15) | 11.79 | (0.30) | 0.86 | 0.85 | (0.14) | 214 | 69 | ||||||||||||||
12-31-2013 | 12.13 | (0.01) | (0.02) | (0.03) | (0.12) | — | (0.12) | 11.98 | (0.27) | 0.87 | 0.87 | (0.08) | 202 | 135 | ||||||||||||||
Series NAV | ||||||||||||||||||||||||||||
6-30-20183 | 11.41 | 0.07 | (0.01) | 0.06 | — | — | — | 11.47 | 0.534 | 0.625 | 0.615 | 1.225 | 30 | 28 | ||||||||||||||
12-31-2017 | 11.53 | 0.10 | (0.03) | 0.07 | (0.19) | — | (0.19) | 11.41 | 0.62 | 0.61 | 0.60 | 0.89 | 29 | 53 | ||||||||||||||
12-31-2016 | 11.64 | 0.06 | 0.02 | 0.08 | (0.19) | — | (0.19) | 11.53 | 0.66 | 0.60 | 0.59 | 0.48 | 17 | 86 | ||||||||||||||
12-31-2015 | 11.80 | 0.02 | (0.02) | —6 | (0.16) | — | (0.16) | 11.64 | 0.01 | 0.61 | 0.60 | 0.18 | 14 | 86 | ||||||||||||||
12-31-2014 | 11.98 | 0.01 | (0.01) | —6 | (0.18) | — | (0.18) | 11.80 | 0.03 | 0.61 | 0.60 | 0.12 | 14 | 69 | ||||||||||||||
12-31-2013 | 12.13 | 0.02 | (0.02) | —6 | (0.15) | — | (0.15) | 11.98 | (0.02) | 0.62 | 0.62 | 0.17 | 9 | 135 | ||||||||||||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 6-30-18. Unaudited. 4. Not annualized. 5. Annualized. 6. Less than $0.005 per share. |
The accompanying notes are an integral part of the financial statements. | 57 |
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
U.S. Government and Agency obligations | $ | 239,517,855 | — | $ | 239,517,855 | — | |||||||||||||
Foreign government obligations | 5,158,992 | — | 5,158,992 | — | |||||||||||||||
Corporate bonds | 288,243,098 | — | 288,243,098 | — | |||||||||||||||
Convertible bonds | 282,758 | — | 282,758 | — | |||||||||||||||
Capital preferred securities | 1,933,303 | — | 1,933,303 | — | |||||||||||||||
Municipal bonds | 4,187,474 | — | 4,187,474 | — | |||||||||||||||
Term loans | 804,040 | — | 804,040 | — | |||||||||||||||
Collateralized mortgage obligations | 73,317,715 | — | 73,317,715 | — | |||||||||||||||
Asset backed securities | 81,195,906 | — | 81,195,906 | — | |||||||||||||||
Preferred securities | 1,553,729 | $ | 1,354,289 | 199,440 | — | ||||||||||||||
Securities lending collateral | 10,716,490 | 10,716,490 | — | — | |||||||||||||||
Short-term investments | 77,314,077 | 71,785,077 | 5,529,000 | — | |||||||||||||||
Total investments in securities | $ | 784,225,437 | $ | 83,855,856 | $ | 700,369,581 | — | ||||||||||||
Core Bond Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
U.S. Government and Agency obligations | $ | 645,566,408 | — | $ | 644,326,197 | $ | 1,240,211 | ||||||||||||
Foreign government obligations | 13,118,803 | — | 13,118,803 | — | |||||||||||||||
Corporate bonds | 266,977,279 | — | 266,977,279 | — | |||||||||||||||
Municipal bonds | 6,747,106 | — | 6,747,106 | — | |||||||||||||||
Collateralized mortgage obligations | 139,217,349 | — | 139,217,349 | — | |||||||||||||||
Asset backed securities | 172,518,321 | — | 172,518,321 | — | |||||||||||||||
Securities lending collateral | 8,551,850 | $ | 8,551,850 | — | — | ||||||||||||||
Short-term investments | 18,278,037 | 18,278,037 | — | — | |||||||||||||||
Total investments in securities | $ | 1,270,975,153 | $ | 26,829,887 | $ | 1,242,905,055 | $ | 1,240,211 | |||||||||||
Global Bond Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
U.S. Government and Agency obligations | $ | 177,094,738 | — | $ | 177,094,738 | — | |||||||||||||
Foreign government obligations | 135,265,268 | — | 135,265,268 | — | |||||||||||||||
Corporate bonds | 225,155,347 | — | 225,155,347 | — | |||||||||||||||
Capital preferred securities | 1,493,933 | — | 1,493,933 | — | |||||||||||||||
Municipal bonds | 4,772,671 | — | 4,772,671 | — | |||||||||||||||
Term loans | 681,556 | — | 681,556 | — | |||||||||||||||
Collateralized mortgage obligations | 45,667,712 | — | 45,667,712 | — | |||||||||||||||
Asset backed securities | 48,630,696 | — | 48,630,696 | — | |||||||||||||||
Common stocks | 31,588 | $ | 31,588 | — | — | ||||||||||||||
Preferred securities | 388,528 | — | 388,528 | — | |||||||||||||||
Escrow shares | 329,450 | — | 329,450 | — | |||||||||||||||
Purchased options | 276,960 | 1,139 | 275,237 | $ | 584 | ||||||||||||||
Short-term investments | 84,263,537 | — | 84,263,537 | — | |||||||||||||||
Total investments in securities | $ | 724,051,984 | $ | 32,727 | $ | 724,018,673 | $ | 584 | |||||||||||
Liabilities | |||||||||||||||||||
Reverse repurchase agreements | $ | 28,618,183 | — | $ | 28,618,183 | — | |||||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Futures | $ | 1,506,911 | $ | 1,506,911 | — | — | |||||||||||||
Forward foreign currency contracts | 4,246,615 | — | 4,246,615 | — | |||||||||||||||
Swap contracts | 14,735,982 | — | 14,735,982 | — | |||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($1,603,608 | ) | ($1,603,608 | ) | — | — | |||||||||||||
Forward foreign currency contracts | (5,929,870 | ) | — | ($5,929,870 | ) | — | |||||||||||||
Written options | (389,133 | ) | (14,765 | ) | (374,368 | ) | — | ||||||||||||
Swap contracts | (6,166,943 | ) | — | (6,166,943 | ) | — | |||||||||||||
Total value at 6-30-18 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
High Yield Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Foreign government obligations | $ | 2,869,110 | — | $ | 2,869,110 | — | |||||||||||||
Corporate bonds | 185,562,923 | — | 184,830,774 | $ | 732,149 | ||||||||||||||
Convertible bonds | 3,872,047 | — | 3,872,047 | — | |||||||||||||||
Capital preferred securities | 935,000 | — | 935,000 | — | |||||||||||||||
Term loans | 7,118,771 | — | 7,118,771 | — | |||||||||||||||
Collateralized mortgage obligations | 653,933 | — | 653,933 | — | |||||||||||||||
Asset backed securities | 9,040,092 | — | 9,040,092 | — | |||||||||||||||
Common stocks | 4,402,497 | — | 2,036,124 | 2,366,373 | |||||||||||||||
Preferred securities | 3,133,969 | $ | 1,343,194 | 1,580,786 | 209,989 | ||||||||||||||
Escrow certificates | 500 | — | — | 500 | |||||||||||||||
Securities lending collateral | 9,336,509 | 9,336,509 | — | — | |||||||||||||||
Short-term investments | 2,475,697 | 2,475,697 | — | — | |||||||||||||||
Total investments in securities | $ | 229,401,048 | $ | 13,155,400 | $ | 212,936,637 | $ | 3,309,011 | |||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Futures | $ | 29,344 | $ | 29,344 | — | — | |||||||||||||
Forward foreign currency contracts | 14,465 | — | $ | 14,465 | — | ||||||||||||||
Swap contracts | 14,176 | — | 14,176 | — | |||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($14,779 | ) | ($14,779 | ) | — | — | |||||||||||||
Forward foreign currency contracts | (81,372 | ) | — | ($81,372 | ) | — | |||||||||||||
Swap contracts | (5,662 | ) | — | (5,662 | ) | — | |||||||||||||
Strategic Income Opportunities Trust | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Foreign government obligations | $ | 109,969,267 | — | $ | 109,969,267 | — | |||||||||||||
Corporate bonds | 249,691,020 | — | 249,691,020 | — | |||||||||||||||
Convertible bonds | 16,935,724 | — | 16,935,724 | — | |||||||||||||||
Capital preferred securities | 10,606,501 | — | 10,606,501 | — | |||||||||||||||
Term loans | 58,789,830 | — | 58,789,830 | — | |||||||||||||||
Collateralized mortgage obligations | 28,318,839 | — | 28,318,839 | — | |||||||||||||||
Asset backed securities | 22,686,283 | — | 22,686,283 | — | |||||||||||||||
Common stocks | 18,679,266 | $ | 18,679,266 | — | — | ||||||||||||||
Preferred securities | 30,168,759 | 26,501,037 | 3,667,722 | — | |||||||||||||||
Purchased options | 1,098,521 | — | 1,098,521 | — | |||||||||||||||
Warrants | 1,023,250 | 1,023,250 | — | — | |||||||||||||||
Short-term investments | 4,176,000 | — | 4,176,000 | — | |||||||||||||||
Total investments in securities | $ | 552,143,260 | $ | 46,203,553 | $ | 505,939,707 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Assets | |||||||||||||||||||
Forward foreign currency contracts | $ | 3,371,488 | — | $ | 3,371,488 | — | |||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($946,183 | ) | ($946,183 | ) | — | — | |||||||||||||
Forward foreign currency contracts | (4,228,641 | ) | — | ($4,228,641 | ) | — | |||||||||||||
Written options | (115,088 | ) | — | (115,088 | ) | — |
High Yield Trust | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Corporate Bonds | Common Stocks | Preferred Securities | Escrow Certificates | Total | ||||||||||||||||||||
Balance as of 12-31-17 | $ | 647,229 | $ | 1,955,473 | $ | 210,789 | $ | 500 | $ | 2,813,991 | ||||||||||||||
Realized gain (loss) | (201 | ) | — | — | — | (201 | ) | |||||||||||||||||
Change in unrealized appreciation (depreciation) | 14,325 | 410,900 | — | — | 425,225 | |||||||||||||||||||
Purchases | 70,796 | — | 15,542 | — | 86,338 | |||||||||||||||||||
Sales | — | — | — | — | — | |||||||||||||||||||
Transfers out of Level 3 | — | — | (16,342 | ) | — | (16,342 | ) | |||||||||||||||||
Balance as of 6-30-18 | $ | 732,149 | $ | 2,366,373 | $ | 209,989 | $ | 500 | $ | 3,309,011 | ||||||||||||||
Change in unrealized at period end* | $ | 14,124 | $ | 410,900 | — | — | $ | 425,024 |
* | Change in unrealized appreciation (depreciation) attributable to level 3 securities held at the period end. This balance is included in the change in unrealized appreciation (depreciation) on the Statements of operations. |
High Yield Trust | | Fair Value at 6-30-18 | | Valuation Technique | | Significant Unobservable Inputs | | Input/ Range | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Stocks | $ | 2,349,030 | Market Approach | EV/EBITDA multiple Discount | 7.14x–12.48x (weighted average 8.63x) 10%–25% (weighted average 15%) | |||||||||||||
$ | 17,343 | Market Approach | Estimated liquidation value | $0.38 | ||||||||||||||
$ | 2,366,373 | |||||||||||||||||
Preferred Securities | $ | 209,989 | Market Approach | Prior / recent transactions | $0.01 | |||||||||||||
Corporate Bonds | $ | 732,149 | Market Approach | Yield | 8.81% | |||||||||||||
Escrow certificates | $ | 500 | Market Approach | Estimated liquidation value | $0.03 | |||||||||||||
Total | $ | 3,309,011 |
Significant Unobservable Input | | Impact to Valuation if input increases | | Impact to Valuation if input decreases | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Discount | Decrease | Increase | ||||||||
Enterprise value to earnings before interest, taxes, depreciation and amortization (“EV/EBITDA”) multiple | Increase | Decrease | ||||||||
Estimated liquidation value | Increase | Decrease | ||||||||
Prior/recent transactions | Increase | Decrease | ||||||||
Yield | Decrease | Increase |
Portfolio | | Counterparty | | Borrowing rate | | Settlement date | | Maturity date | | Borrowing amount | | Payable for reverse repurchase agreements | | USD Payable for reverse repurchase agreements | | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | BNP Paribas SA1 | (0.450 | %) | 4/19/2018 | 7/19/2018 | EUR | 9,914,415 | EUR | 9,905,492 | $ | 11,567,634 | ||||||||||||||||||||||||||||
Global Bond Trust | Credit Agricole SA2 | 0.650 | % | 5/2/2018 | 7/5/2018 | GBP | 907,399 | GBP | 908,366 | 1,198,816 | |||||||||||||||||||||||||||||
Global Bond Trust | Credit Agricole SA3 | 0.650 | % | 5/2/2018 | 7/5/2018 | GBP | 11,998,377 | GBP | 12,011,159 | 15,851,733 | |||||||||||||||||||||||||||||
$ | 28,618,183 |
1 | Reverse repurchase agreement with BNP Paribas SA dated 4/19/2018 at (0.450%) to be repurchased at EUR 9,903,137 on 7/19/2018, collateralized by EUR 8,400,000 France Government Bonds, 2.000%—3.250% due 5/25/2045–5/25/2048 (valued at EUR 9,831,365, including interest) |
2 | Reverse repurchase agreement with Credit Agricole SA dated 5/2/2018 at 0.650% to be repurchased at GBP 908,434 on 7/5/2018, collateralized by GBP 600,000 United Kingdom Treasury Bonds, 4.750% due 12/7/2038 (valued at GBP 915,540, including interest) |
3 | Reverse repurchase agreement with Credit Agricole SA dated 5/2/2018 at 0.650% to be repurchased at GBP 12,012,052 on 7/5/2018, collateralized by GBP 8,800,000 United Kingdom Treasury Bonds, 3.250%—4.250% due 12/7/2040–1/22/2045 (valued at GBP 12,197,025, including interest) |
Portfolio | | | Average Borrowings | | Weighted average annual interest rate | |||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | $ | 35,310,260 | (0.34%) |
fluctuations. No interest accrues to the portfolio until settlement takes place. At the time that the portfolio enters into this type of transaction, the portfolio is required to have sufficient cash and/or liquid securities to cover its commitments.
Portfolio | | | Average Borrowing | | Weighted average interest rate | | ||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | $ | 289,430 | 1.93 | % |
receive compensation for lending their securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the portfolios is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statements of operations.
Portfolio | | Market Value of Securities on Loan | | Cash Collateral Received | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust | $ | 10,478,611 | $ | 10,719,218 | ||||||
Core Bond Trust | 8,363,727 | 8,565,585 | ||||||||
High Yield Trust | 9,114,938 | 9,340,319 | ||||||||
Investment Quality Bond Trust | 331,397 | 338,194 | ||||||||
New Income Trust | 3,077,037 | 3,146,990 | ||||||||
Select Bond Trust | 126,055,187 | 128,607,051 | ||||||||
Total Bond Market Trust | 2,828,441 | 2,892,480 | ||||||||
Ultra Short Term Bond Trust | 103,435 | 106,000 |
Portfolio | | Commitment Fee | ||||
---|---|---|---|---|---|---|
Active Bond Trust | $ | 1,455 | ||||
Core Bond Trust | 7,233 | |||||
Global Bond Trust | 1,352 | |||||
High Yield Trust | 1,124 | |||||
Investment Quality Bond Trust | 1,141 | |||||
Money Market Trust | 2,325 | |||||
New Income Trust | 1,893 | |||||
Select Bond Trust | 7,161 | |||||
Short Term Government Income Trust | 1,164 | |||||
Strategic Income Opportunities Trust | 1,378 | |||||
Total Bond Market Trust | 1,345 | |||||
Ultra Short Term Bond Trust | 1,123 |
| | No Expiration Date | | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Expires in 2018 | | Short Term | | Long Term | | |||||||||||||||||||||||||||
Active Bond Trust | — | — | $ | 6,050,816 | ||||||||||||||||||||||||||||||
Core Bond Trust | — | $ | 1,528,120 | 936,035 | ||||||||||||||||||||||||||||||
Global Bond Trust | — | 758,125 | — | |||||||||||||||||||||||||||||||
High Yield Trust | — | 3,950,996 | 53,838,005 | |||||||||||||||||||||||||||||||
Money Market Trust | — | 8,343 | — | |||||||||||||||||||||||||||||||
New Income Trust | — | 2,154,091 | 3,559,581 | |||||||||||||||||||||||||||||||
Select Bond Trust | — | 88,479,817 | 92,181,972 | |||||||||||||||||||||||||||||||
Short Term Government Income Trust | — | 3,547,372 | 16,005,867 | |||||||||||||||||||||||||||||||
Strategic Income Opportunities Trust | — | 4,679,037 | 2,583,925 | |||||||||||||||||||||||||||||||
Total Bond Market Trust | — | 303,842 | 2,252,406 | |||||||||||||||||||||||||||||||
Ultra Short Term Bond Trust | $ | 59,426 | 6,346,648 | 10,794,466 |
Portfolio | | Aggregate cost | | Unrealized appreciation | | Unrealized (depreciation) | | Net unrealized appreciation/ (depreciation) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust | $ | 791,939,587 | $ | 10,471,061 | ($18,185,211 | ) | ($7,714,150 | ) | ||||||||||
Core Bond Trust | 1,294,137,973 | 2,978,628 | (26,141,448 | ) | (23,162,820 | ) | ||||||||||||
Global Bond Trust | 730,779,056 | 16,290,480 | (16,617,598 | ) | (327,118 | ) | ||||||||||||
High Yield Trust | 244,058,092 | 6,218,657 | (20,919,529 | ) | (14,700,872 | ) | ||||||||||||
Investment Quality Bond Trust | 346,796,207 | 1,567,441 | (7,329,754 | ) | (5,762,313 | ) | ||||||||||||
Money Market Trust | 1,837,444,476 | — | — | — | ||||||||||||||
New Income Trust | 1,384,045,170 | 10,104,580 | (31,951,709 | ) | (21,847,129 | ) | ||||||||||||
Select Bond Trust | 9,225,716,211 | 31,156,809 | (218,618,556 | ) | (187,461,747 | ) | ||||||||||||
Short Term Government Income Trust | 297,989,561 | 417,599 | (7,977,771 | ) | (7,560,172 | ) | ||||||||||||
Strategic Income Opportunities Trust | 576,318,932 | 7,701,226 | (33,795,322 | ) | (26,094,096 | ) | ||||||||||||
Total Bond Market Trust | 610,643,719 | 7,478,575 | (15,441,151 | ) | (7,962,576 | ) | ||||||||||||
Ultra Short Term Bond Trust | 204,650,474 | 6,315 | (1,861,659 | ) | (1,855,344 | ) |
Portfolio | | Reason | | USD Notional | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To manage against anticipated interest rate changes, gain exposure to foreign bond markets, gain exposure to treasuries market, maintain diversity of the portfolio, manage duration and as a substitute for securities purchased. | $807.2 million to $1.2 billion | ||||||||
High Yield Trust | To manage against anticipated interest rate changes, duration of the portfolio and maintain diversity of the portfolio. | $11.4 million to $13.0 million | ||||||||
Investment Quality Bond Trust | To manage against anticipated interest rate changes, gain exposure to foreign bond markets, gain exposure to treasuries market, manage duration and as a substitute for securities purchased. | $53.3 million to $62.0 million |
Portfolio | | Reason | | USD Notional | ||||||
---|---|---|---|---|---|---|---|---|---|---|
New Income Trust | To manage duration of the portfolio, manage against anticipated interest rate changes, gain exposure to treasuries market, maintain diversity of the portfolio and as substitute for securities purchased. | $306.5 million to $371.3 million | ||||||||
Strategic Income Opportunities Trust | To manage duration of the portfolio | $114.6 million to $173.4 million |
Portfolio | | Reason | | USD Notional | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To manage against anticipated changes in currency exchange rates, manage currency exposure and maintain diversity of the portfolio. | $547.0 million to $641.1 million | ||||||||
High Yield Trust | To manage against anticipated changes in currency exchange rates, currency exposure and maintain diversity of the portfolio. | $2.1 million to $2.1 million | ||||||||
Investment Quality Bond Trust | To manage against anticipated changes in currency exchange rates and manage currency exposure. | $4.6 million to $4.9 million | ||||||||
New Income Trust | To manage against anticipated changes in currency exchange rates and manage currency exposure. | $15.3 million to $17.3 million | ||||||||
Strategic Income Opportunities Trust | To manage against anticipated changes in currency exchange rates and enhance potential gain/income. | $192.3 million to $572.7 million |
Portfolio | | Reason | | Market Value | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To gain exposure to the bond market and foreign currency, manage against anticipated interest rate changes, manage duration of the portfolio, maintain diversity of the portfolio and as a substitute for securities purchased. | $121,000 to $402,000 | ||||||||
Investment Quality Bond Trust | To manage against anticipated currency exchange rates. | Up to $296,000 | ||||||||
New Income Trust | To manage duration of the portfolio and manage against anticipated interest rate changes. At June 30, 2018, there were no open purchased option contracts. | Up to $350,000 | ||||||||
Strategic Income Opportunities Trust | To manage against currency exchange rates. | $915,000 to $2.6 million |
Portfolio | | Reason | | Market Value | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Fund | To gain exposure to the bond market and foreign currency, manage against anticipated interest rate changes, manage duration of the portfolio, maintain diversity of the portfolio and as a substitute for securities purchased. | $212,000 to $461,000 | ||||||||
New Income Trust | To gain exposure to security or credit index and substitute for securities purchased. At June 30, 2018, there were no open written option contracts. | Up to $44,000 | ||||||||
Strategic Income Opportunities Trust | To manage against currency exchange rates. | Up to $115,000 |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To manage duration of the portfolio, manage against anticipated interest rate changes, gain exposure to treasury markets and as a substitute for securities purchased. | $1.6 billion to $1.7 billion | ||||||||
Investment Quality Bond Trust | To manage duration of the portfolio and manage against anticipated interest rate changes. | $10.5 million to $35.2 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To manage against potential credit events, to gain exposure to a security or credit index, and as a substitute for securities purchased. | $28.1 million to $66.9 million | ||||||||
High Yield Trust | To manage against potential credit events, to gain exposure to a security or credit index and as a substitute for securities purchased. | $900,000 to $5.2 million | ||||||||
Investment Quality Bond Trust | To manage against potential credit events, to gain exposure to security or credit index, and as a substitute for securities purchased. | $1.2 million to $3.0 million | ||||||||
New Income Trust | To manage against potential credit events. | Up to $12.6 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To take a long position in the exposure of the benchmark credit, gain exposure to a security or credit index and as a substitute for securities purchased. | $5.8 million to $28.2 million | ||||||||
Investment Quality Bond Trust | To take a long position in the exposure of the benchmark credit, gain exposure to a security or credit index and as a substitute for securities purchased. | $2.1 million to $8.7 million | ||||||||
High Yield Trust | To take a long position in the exposure of the benchmark credit. | $900,000 to $900,000 | ||||||||
New Income Trust | To take a long position in the exposure of the benchmark credit. At June 30, 2018, there were no open credit default swap contracts- seller | Up to $6.8 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To manage against anticipated currency exchange rates, maintain diversity of the portfolio, and to gain exposure to foreign currencies. | $7.3 million to $66.2 million |
Portfolio | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | To take a position on current versus future expectations of volatility. At June 30, 2018, there were no open volatility swap contracts. | Up to $20,000 |
Fund | | Risk | | Statements of assets and liabilities location | | Financial instruments location | | Asset derivatives fair value | | Liability derivatives fair value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust | Interest rate | Receivable/payable for futures | Futures† | $ | 1,506,911 | ($1,603,608 | ) | |||||||||||||||
Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | 4,246,615 | (5,929,870 | ) | |||||||||||||||||
Foreign currency | Unaffiliated investments, at value* | Purchased options | 265,018 | — | ||||||||||||||||||
Interest rate | Unaffiliated investments, at value* | Purchased options | 11,942 | — | ||||||||||||||||||
Foreign currency | Written options, at value | Written options | — | (125,897 | ) | |||||||||||||||||
Interest rate | Written options, at value | Written options | — | (194,975 | ) | |||||||||||||||||
Credit | Written options, at value | Written options | — | (68,261 | ) | |||||||||||||||||
Credit | Swap contracts, at value | Credit default swapsˆ | 100,755 | (1,356,233 | ) | |||||||||||||||||
Foreign currency | Swap contracts, at value | Currency swapsˆ | 194,994 | (284,815 | ) | |||||||||||||||||
Interest rate | Swap contracts, at value | Interest rate swapsˆ | 14,440,233 | (4,525,895 | ) | |||||||||||||||||
$ | 20,766,468 | ($14,089,554 | ) | |||||||||||||||||||
High Yield Trust | Interest rate | Receivable/payable for futures | Futures† | $ | 29,344 | ($14,779 | ) | |||||||||||||||
Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | 14,465 | (81,372 | ) | |||||||||||||||||
Credit | Swap contracts, at value | Credit default swapsˆ | 14,176 | (5,662 | ) | |||||||||||||||||
$ | 57,985 | ($101,813 | ) |
Fund | | Risk | | Statements of assets and liabilities location | | Financial instruments location | | Asset derivatives fair value | | Liability derivatives fair value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investment Quality Bond Trust | Interest rate | Receivable/payable for futures | Futures† | $ | 173,018 | ($43,735 | ) | |||||||||||||||
Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | 79,002 | (4,375 | ) | |||||||||||||||||
Interest rate | Unaffiliated investments, at value* | Purchased options | 296,053 | — | ||||||||||||||||||
Credit | Swap contracts, at value | Credit default swapsˆ | 80,313 | (174,836 | ) | |||||||||||||||||
Interest rate | Swap contracts, at value | Interest rate swapsˆ | 971,166 | (931,485 | ) | |||||||||||||||||
$ | 1,599,552 | ($1,154,431 | ) | |||||||||||||||||||
New Income Trust | Interest rate | Receivable/payable for futures | Futures† | $ | 1,218,211 | ($106,054 | ) | |||||||||||||||
Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | 810,337 | (82,172 | ) | |||||||||||||||||
Credit | Swap contracts, at value | Credit default swapsˆ | — | (845,500 | ) | |||||||||||||||||
$ | 2,028,548 | ($1,033,726 | ) | |||||||||||||||||||
Strategic Income Opportunities Trust | Interest rate | Receivable/payable for futures | Futures† | — | ($946,183 | ) | ||||||||||||||||
Foreign currency | Unrealized appreciation/depreciation on forward foreign currency contracts | Forward foreign currency contracts | $ | 3,371,488 | (4,228,641 | ) | ||||||||||||||||
Foreign currency | Unaffiliated investments, at value* | Purchased options | 1,098,521 | — | ||||||||||||||||||
Foreign currency | Written options, at value | Written Options | — | (115,088 | ) | |||||||||||||||||
$ | 4,470,009 | ($5,289,912 | ) |
† | Reflects cumulative appreciation/depreciation on futures as disclosed in the Portfolio of investments. Only the year end variation margin is separately disclosed on the Statements of assets and liabilities. |
* | Purchased options are included in the Portfolio of investments |
ˆ | Reflects cumulative value of swap contracts. Receivable/Payable for centrally cleared swaps, which includes value and margin, and swap contracts at value, which represents OTC swaps, are shown separately on the Statements of assets and liabilities. |
Statements of operations Location—Net realized gain (loss) on: | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Trust | | Risk | | Unaffiliated Investments and Foreign Currency Transactions1 | | Futures Contracts | | Forward Foreign Currency Contracts | | Written Options | | Swap Contracts | | Total | |||||||||||||||||
Active Bond Fund | Interest rate | — | $ | 6,150 | — | — | — | $ | 6,150 | ||||||||||||||||||||||
— | $ | 6,150 | — | — | — | $ | 6,150 | ||||||||||||||||||||||||
Global Bond Trust | Credit | — | — | — | $ | 32,151 | ($225,947 | ) | ($193,796 | ) | |||||||||||||||||||||
Foreign currency | $ | 69,438 | — | $ | 884,034 | 389,843 | 7,569,611 | 8,912,926 | |||||||||||||||||||||||
Interest rate | (162,224 | ) | ($3,369,939 | ) | — | 138,692 | 5,120,910 | 1,727,439 | |||||||||||||||||||||||
($92,786 | ) | ($3,369,939 | ) | $ | 884,034 | $ | 560,686 | $ | 12,464,574 | $ | 10,446,569 | ||||||||||||||||||||
High Yield Trust | Credit | — | — | — | — | ($58,910 | ) | ($58,910 | ) | ||||||||||||||||||||||
Foreign currency | — | — | ($13,118 | ) | — | — | (13,118 | ) | |||||||||||||||||||||||
Interest rate | — | ($236,824 | ) | — | — | — | (236,824 | ) | |||||||||||||||||||||||
— | ($236,824 | ) | ($13,118 | ) | — | ($58,910 | ) | ($308,852 | ) | ||||||||||||||||||||||
Investment Quality Bond Trust | Credit | — | — | — | — | ($25,934 | ) | ($25,934 | ) | ||||||||||||||||||||||
Foreign currency | — | — | ($43,284 | ) | — | — | (43,284 | ) | |||||||||||||||||||||||
Interest rate | $ | 49,080 | ($1,055,922 | ) | — | (34,359 | ) | (95,339 | ) | (1,136,540 | ) | ||||||||||||||||||||
$ | 49,080 | ($1,055,922 | ) | ($43,284 | ) | ($34,359 | ) | ($121,273 | ) | ($1,205,758 | ) | ||||||||||||||||||||
New Income Trust | Credit | — | — | — | — | $ | 70,625 | $ | 70,625 | ||||||||||||||||||||||
Foreign currency | — | — | $ | 284,846 | — | — | 284,846 | ||||||||||||||||||||||||
Interest rate | $ | 115,912 | ($632,371 | ) | — | $ | 144,846 | — | (371,613 | ) | |||||||||||||||||||||
$ | 115,912 | ($632,371 | ) | $ | 284,846 | $ | 144,846 | $ | 70,625 | ($16,142 | ) | ||||||||||||||||||||
Strategic Income Opportunities Trust | Foreign currency | ($38,837 | ) | — | ($3,913,583 | ) | — | — | ($3,952,420 | ) | |||||||||||||||||||||
Interest rate | — | $ | 2,851,307 | — | — | — | 2,851,307 | ||||||||||||||||||||||||
($38,837 | ) | $ | 2,851,307 | ($3,913,583 | ) | — | — | ($1,101,113 | ) |
1 | Realized gain/loss associated with purchased options is included in this caption on the Statements of operations. |
Statements of operations Location—Change in unrealized appreciation (depreciation) of: | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Trust | | Risk | | Unaffiliated Investments and Foreign Currency Transactions1 | | Futures Contracts | | Forward Foreign Currency Contracts | | Written Options | | Swap Contracts | | Total | |||||||||||||||||
Global Bond Trust | Credit | — | — | — | (23,662 | ) | $ | 247,156 | $ | 223,494 | |||||||||||||||||||||
Foreign currency | $ | 177,196 | — | ($2,348,196 | ) | $ | 1,113 | (5,299,870 | ) | (7,469,757 | ) | ||||||||||||||||||||
Interest rate | (32,633 | ) | $ | 170,311 | — | ($173,302 | ) | 2,156,679 | 2,121,055 | ||||||||||||||||||||||
$ | 144,563 | $ | 170,311 | ($2,348,196 | ) | ($195,851 | ) | ($2,896,035 | ) | ($5,125,208 | ) | ||||||||||||||||||||
High Yield Trust | Foreign currency | — | — | ($64,726 | ) | — | — | ($64,726 | ) | ||||||||||||||||||||||
Interest rate | — | $ | 46,551 | — | — | — | 46,551 | ||||||||||||||||||||||||
Credit | — | — | — | $ | 14,703 | 14,703 | |||||||||||||||||||||||||
— | $ | 46,551 | ($64,726 | ) | — | $ | 14,703 | ($3,472 | ) | ||||||||||||||||||||||
Investment Quality Bond Trust | Credit | — | — | — | — | $ | 53,602 | $ | 53,602 | ||||||||||||||||||||||
Foreign currency | — | — | $ | 105,480 | — | — | 105,480 | ||||||||||||||||||||||||
Interest rate | ($60,174 | ) | $ | 206,422 | — | — | 636,053 | 782,301 | |||||||||||||||||||||||
($60,174 | ) | $ | 206,422 | $ | 105,480 | — | $ | 689,655 | $ | 941,383 | |||||||||||||||||||||
New Income Trust | Credit | — | — | — | — | ($35,211 | ) | ($35,211 | ) | ||||||||||||||||||||||
Foreign currency | — | — | $ | 519,049 | — | — | 519,049 | ||||||||||||||||||||||||
Interest rate | $ | 24,724 | $ | 1,204,365 | — | ($56,224 | ) | — | 1,172,865 | ||||||||||||||||||||||
$ | 24,724 | $ | 1,204,365 | $ | 519,049 | ($56,224 | ) | ($35,211 | ) | $ | 1,656,703 | ||||||||||||||||||||
Strategic Income Opportunities Trust | Foreign currency | ($2,726,962 | ) | — | $ | 1,110,451 | $ | 93,725 | — | ($1,522,786 | ) | ||||||||||||||||||||
Interest rate | — | ($1,561,436 | ) | — | — | — | ($1,561,436 | ) | |||||||||||||||||||||||
($2,726,962 | ) | ($1,561,436 | ) | $ | 1,110,451 | $ | 93,725 | — | ($3,084,222 | ) |
• | Active Bond Trust — a) 0.60% of the first $2.5 billion of aggregate net assets; b) 0.575% of aggregate net assets between $2.5 billion and $5.0 billion; and c) 0.55% of the excess over $5.0 billion of aggregate net assets. |
• | Core Bond Trust — a) 0.69% of the first $200 million of aggregate net assets; b) 0.64% of aggregate net assets between $200 million and $400 million; and c) 0.57% of the excess over $400 million of aggregate net assets. |
• | Global Bond Trust— a) 0.70% of the first $1 billion of aggregate net assets; and b) 0.65% of the excess over $1 billion of aggregate net assets. |
• | High Yield Trust— a) 0.70% of the first $500 million of aggregate net assets and b) 0.65% of the excess over $500 million of aggregate net assets. |
• | Investment Quality Bond Trust — a) 0.60% of the first $500 million of aggregate net assets and b) 0.55% of the excess over $500 million of aggregate net assets. |
• | Money Market Trust — a) 0.50% of the first $500 million of aggregate net assets; b) 0.425% of the next $250 million aggregate net assets; c) 0.375% of the next $250 million aggregate net assets; d) 0.35% of the next $500 million aggregate net assets and e) 0.325% of the next $500 million aggregate net assets; f) 0.30% of the next $500 million aggregate net assets, and g) 0.275% of the excess over $2.5 billion of aggregate net assets. Aggregate net assets include net assets of the portfolio and Money Market Fund, a series of John Hancock Current Interest. |
• | New Income Trust — a) If the average net assets of the portfolio are less than $100 million i) 0.725% of the first $50 million average net assets and ii) 0.675% of the next $50 million average net assets; b) 0.650% of average net assets if the average net assets are between $100 million and $250 million; c) 0.600% of average net assets if the average net assets are between $250 million and $500 million; d) if the average net assets are between $500 million and $1 billion i) 0.575% of the first $500 million average net assets and ii) 0.550% of average net assets over $500 million and e) 0.550% of average net assets if the average net assets exceed $1 billion. |
• | Select Bond Trust — a) 0.65% of the first $500 million of average net assets; b) 0.60% of the next $1 billion of average net assets; c) 0.575% of the next $1 billion of average net assets; d) 0.55% of the next $7.5 billion of average net assets; and e) 0.525% of the excess over $10 billion of average net assets. |
• | Short Term Government Income Trust— a) 0.57% of the first $250 million of aggregate net assets and b) 0.55% of the excess over $250 million of aggregate net assets. |
• | Strategic Income Opportunities Trust — a) 0.700% of the first $500 million of aggregate net assets; b) 0.650% of the next $3 billion of aggregate net assets; c) 0.600% of the next $4 billion of aggregate net assets; d) 0.590% of the next $4.5 billion of aggregate net assets; and e) 0.575% of the excess over $12 billion of aggregate net assets. Aggregate net assets include the net assets of the portfolio, Strategic Income Opportunities Fund, a series of JHF II, and Strategic Income Opportunities Fund, a sub-fund of John Hancock Worldwide Investors, PLC. |
• | Total Bond Market Trust— a) 0.47% of the first $1.5 billion of average net assets and b) 0.46% of the excess over $1.5 billion of average net assets. |
• | Ultra Short Term Bond Trust— a) 0.55% of the first $250 million of average net assets and b) 0.53% of the excess over $250 million of average net assets. |
Portfolio | | Subadvisors | ||||
---|---|---|---|---|---|---|
Active Bond Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
Core Bond Trust | Wells Capital Management, Inc. | |||||
Global Bond Trust | Pacific Investment Management Company, LLC | |||||
High Yield Trust | Western Asset Management Company (Sub-Subadvisor is Western Asset Management Company Limited) | |||||
Investment Quality Bond Trust | Wellington Management Company, LLP | |||||
Money Market Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
New Income Trust | T. Rowe Price Associates, Inc. | |||||
Select Bond Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
Short Term Government Income Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
Strategic Income Opportunities Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
Total Bond Market Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 | |||||
Ultra Short Term Bond Trust | John Hancock Asset Management a division of Manulife Asset Management (US) LLC1 |
1 | An affiliate of the Advisor. |
Portfolio | | Expense limitation as a percentage of average net assets | ||||
---|---|---|---|---|---|---|
Active Bond Trust | 0.15 | % | ||||
Core Bond Trust | 0.15 | % | ||||
Global Bond Trust | 0.15 | % | ||||
High Yield Trust | 0.15 | % | ||||
Investment Quality Bond Trust | 0.15 | % | ||||
Money Market Trust | 0.15 | % | ||||
New Income Trust | 0.15 | % | ||||
Select Bond Trust | 0.15 | % | ||||
Short Term Government Income Trust | 0.15 | % | ||||
Strategic Income Opportunities Trust | 0.15 | % | ||||
Total Bond Market Trust | 0.15 | % | ||||
Ultra Short Term Bond Trust | 0.15 | % |
Portfolio | | Series I | | Series II | | Series NAV | | Total | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust | $ | 1,579 | $ | 6,784 | $ | 21,986 | $ | 30,349 | ||||||||||
Core Bond Trust | 4,321 | 3,937 | 42,276 | 50,534 | ||||||||||||||
Global Bond Trust | 1,519 | 3,209 | 19,668 | 24,396 | ||||||||||||||
High Yield Trust | 3,390 | 2,512 | 3,699 | 9,601 | ||||||||||||||
Investment Quality Bond Trust | 6,336 | 3,341 | 1,504 | 11,181 | ||||||||||||||
Money Market Trust | 923,226 | 112,015 | 261,256 | 1,296,497 | ||||||||||||||
New Income Trust | — | — | 118,945 | 118,945 | ||||||||||||||
Select Bond Trust | 27,277 | 67,188 | 1,185,267 | 1,279,732 | ||||||||||||||
Short Term Government Income Trust | 1,522 | 1,090 | 9,990 | 12,602 | ||||||||||||||
Strategic Income Opportunities Trust | 19,387 | 1,831 | 3,955 | 25,173 | ||||||||||||||
Total Bond Market Trust | 330,055 | 78,134 | 344,967 | 753,156 | ||||||||||||||
Ultra Short Term Bond Trust | 422 | 7,838 | 1,250 | 9,510 |
Portfolio | | Annual Effective Rate | ||||
---|---|---|---|---|---|---|
Active Bond Trust | 0.59 | % | ||||
Core Bond Trust | 0.57 | % | ||||
Global Bond Trust | 0.69 | % | ||||
High Yield Trust | 0.68 | % | ||||
Investment Quality Bond Trust | 0.59 | % | ||||
Money Market Trust | 0.24 | % | ||||
New Income Trust | 0.53 | % | ||||
Select Bond Trust | 0.54 | % | ||||
Short Term Government Income Trust | 0.55 | % | ||||
Strategic Income Opportunities Trust | 0.61 | % | ||||
Total Bond Market Trust | 0.20 | % | ||||
Ultra Short Term Bond Trust | 0.54 | % |
Class | | Rule 12b-1 Fee | ||||
---|---|---|---|---|---|---|
Series I | 0.15 | % | ||||
Series II | 0.35 | % |
Distribution and service fees by Class | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Series I | | Series II | | Total | |||||||||
Active Bond Trust | $ | 9,261 | $ | 198,897 | $ | 208,158 | |||||||||
Core Bond Trust | 25,339 | 115,456 | 140,795 | ||||||||||||
Global Bond Trust | 8,910 | 94,105 | 103,015 | ||||||||||||
High Yield Trust | 19,878 | 73,667 | 93,545 | ||||||||||||
Investment Quality Bond Trust | 37,159 | 97,956 | 135,115 | ||||||||||||
Money Market Trust | 331,655 | 201,333 | 532,988 | ||||||||||||
Select Bond Trust | 47,802 | 588,659 | 636,461 | ||||||||||||
Short Term Government Income Trust | 8,929 | 31,994 | 40,923 | ||||||||||||
Strategic Income Opportunities Trust | 113,678 | 53,666 | 167,344 | ||||||||||||
Total Bond Market Trust | 61,453 | 72,791 | 134,244 | ||||||||||||
Ultra Short Term Bond Trust | 2,467 | 229,840 | 232,307 |
Portfolio | | Borrower or Lender | | Weighted Average Loan Balance | | Days Outstanding | | Weighted Average Interest Rate | | Interest Income | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
New Income Trust | Lender | $ | 1,711,146 | 1 | 1.715 | % | $ | 82 | ||||||||||||||
Select Bond Trust | Lender | 2,000,000 | 1 | 1.480 | % | 82 | ||||||||||||||||
Short Term Government Income Trust | Lender | 2,120,705 | 1 | 1.710 | % | 101 | ||||||||||||||||
Total Bond Market Trust | Lender | 16,374,075 | 1 | 1.480 | % | 673 |
Active Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 107,712 | $ | 1,014,184 | 276,770 | $ | 2,689,754 | |||||||||||||
Distributions reinvested | — | — | 144,439 | 1,387,594 | |||||||||||||||
Repurchased | (209,133 | ) | (1,969,885 | ) | (769,727 | ) | (7,412,495 | ) | |||||||||||
Net decrease | (101,421 | ) | $ | (955,701 | ) | (348,518 | ) | $ | (3,335,147 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 714,725 | $ | 6,746,032 | 1,673,847 | $ | 16,182,490 | |||||||||||||
Distributions reinvested | — | — | 555,652 | 5,348,518 | |||||||||||||||
Repurchased | (1,379,910 | ) | (13,018,762 | ) | (2,439,734 | ) | (23,653,040 | ) | |||||||||||
Net decrease | (665,185 | ) | $ | (6,272,730 | ) | (210,235 | ) | $ | (2,122,032 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 444,861 | $ | 4,191,336 | 2,853,215 | $ | 27,535,145 | |||||||||||||
Distributions reinvested | — | — | 1,936,555 | 18,608,778 | |||||||||||||||
Repurchased | (1,820,336 | ) | (17,163,296 | ) | (5,650,080 | ) | (54,623,666 | ) | |||||||||||
Net decrease | (1,375,475 | ) | $ | (12,971,960 | ) | (860,310 | ) | $ | (8,479,743 | ) | |||||||||
Total net decrease | (2,142,081 | ) | $ | (20,200,391 | ) | (1,419,063 | ) | $ | (13,936,922 | ) | |||||||||
Core Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 170,277 | $ | 2,183,447 | 137,937 | $ | 1,820,316 | |||||||||||||
Distributions reinvested | — | — | 283,346 | 3,731,183 | |||||||||||||||
Repurchased | (595,862 | ) | (7,646,539 | ) | (1,411,135 | ) | (18,715,397 | ) | |||||||||||
Net decrease | (425,585 | ) | $ | (5,463,092 | ) | (989,852 | ) | $ | (13,163,898 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 57,840 | $ | 743,684 | 269,333 | $ | 3,551,707 | |||||||||||||
Distributions reinvested | — | — | 249,205 | 3,277,476 | |||||||||||||||
Repurchased | (843,991 | ) | (10,835,820 | ) | (1,556,141 | ) | (20,581,211 | ) | |||||||||||
Net decrease | (786,151 | ) | $ | (10,092,136 | ) | (1,037,603 | ) | $ | (13,752,028 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 692,713 | $ | 8,894,328 | 5,018,113 | $ | 66,035,959 | |||||||||||||
Distributions reinvested | — | — | 2,718,006 | 35,620,974 | |||||||||||||||
Repurchased | (4,064,452 | ) | (51,917,768 | ) | (3,788,726 | ) | (50,223,586 | ) | |||||||||||
Net increase (decrease) | (3,371,739 | ) | $ | (43,023,440 | ) | 3,947,393 | $ | 51,433,347 | |||||||||||
Total net increase (decrease) | (4,583,475 | ) | $ | (58,578,668 | ) | 1,919,938 | $ | 24,517,421 | |||||||||||
Global Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 40,945 | $ | 534,434 | 111,948 | $ | 1,434,604 | |||||||||||||
Distributions reinvested | — | — | 66,595 | 857,452 | |||||||||||||||
Repurchased | (218,945 | ) | (2,843,339 | ) | (624,888 | ) | (7,921,535 | ) | |||||||||||
Net decrease | (178,000 | ) | $ | (2,308,905 | ) | (446,345 | ) | $ | (5,629,479 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 142,683 | $ | 1,822,071 | 444,359 | $ | 5,600,383 | |||||||||||||
Distributions reinvested | — | — | 120,554 | 1,532,139 | |||||||||||||||
Repurchased | (752,212 | ) | (9,672,851 | ) | (1,062,465 | ) | (13,195,002 | ) | |||||||||||
Net decrease | (609,529 | ) | $ | (7,850,780 | ) | (497,552 | ) | $ | (6,062,480 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 1,387,997 | $ | 18,055,719 | 2,403,041 | $ | 30,104,857 | |||||||||||||
Distributions reinvested | — | — | 851,515 | 10,920,850 | |||||||||||||||
Repurchased | (2,155,395 | ) | (28,068,229 | ) | (3,416,489 | ) | (43,587,550 | ) | |||||||||||
Net decrease | (767,398 | ) | $ | (10,012,510 | ) | (161,933 | ) | $ | (2,561,843 | ) | |||||||||
Total net decrease | (1,554,927 | ) | $ | (20,172,195 | ) | (1,105,830 | ) | $ | (14,253,802 | ) |
High Yield Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 827,397 | $ | 4,399,270 | 931,315 | $ | 5,018,217 | |||||||||||||
Distributions reinvested | — | — | 846,493 | 4,493,362 | |||||||||||||||
Repurchased | (1,371,348 | ) | (7,264,936 | ) | (3,246,154 | ) | (17,556,275 | ) | |||||||||||
Net decrease | (543,951 | ) | $ | (2,865,666 | ) | (1,468,346 | ) | $ | (8,044,696 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 268,571 | $ | 1,457,078 | 904,637 | $ | 4,995,297 | |||||||||||||
Distributions reinvested | — | — | 584,852 | 3,173,281 | |||||||||||||||
Repurchased | (1,215,686 | ) | (6,598,317 | ) | (2,301,517 | ) | (12,723,278 | ) | |||||||||||
Net decrease | (947,115 | ) | $ | (5,141,239 | ) | (812,028 | ) | $ | (4,554,700 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 1,909,952 | $ | 10,037,244 | 2,734,052 | $ | 14,575,606 | |||||||||||||
Distributions reinvested | — | — | 1,056,079 | 5,520,410 | |||||||||||||||
Repurchased | (2,002,394 | ) | (10,491,727 | ) | (5,675,046 | ) | (29,999,296 | ) | |||||||||||
Net decrease | (92,442 | ) | $ | (454,483 | ) | (1,884,915 | ) | $ | (9,903,280 | ) | |||||||||
Total net decrease | (1,583,508 | ) | $ | (8,461,388 | ) | (4,165,289 | ) | $ | (22,502,676 | ) | |||||||||
Investment Quality Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 277,318 | $ | 3,040,582 | 703,759 | $ | 7,885,068 | |||||||||||||
Distributions reinvested | — | — | 423,026 | 4,732,125 | |||||||||||||||
Repurchased | (820,567 | ) | (8,995,454 | ) | (1,725,279 | ) | (19,345,889 | ) | |||||||||||
Net decrease | (543,249 | ) | $ | (5,954,872 | ) | (598,494 | ) | $ | (6,728,696 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 358,192 | $ | 3,924,948 | 1,289,291 | $ | 14,593,193 | |||||||||||||
Distributions reinvested | — | — | 217,048 | 2,430,531 | |||||||||||||||
Repurchased | (688,162 | ) | (7,545,261 | ) | (1,662,575 | ) | (18,681,180 | ) | |||||||||||
Net decrease | (329,970 | ) | $ | (3,620,313 | ) | (156,236 | ) | $ | (1,657,456 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 1,968,494 | $ | 21,461,401 | 1,338,981 | $ | 14,982,023 | |||||||||||||
Distributions reinvested | — | — | 88,330 | 984,545 | |||||||||||||||
Repurchased | (1,433,511 | ) | (15,656,247 | ) | (3,032,485 | ) | (33,662,848 | ) | |||||||||||
Net increase (decrease) | 534,983 | $ | 5,805,154 | (1,605,174 | ) | $ | (17,696,280 | ) | |||||||||||
Total net decrease | (338,236 | ) | $ | (3,770,031 | ) | (2,359,904 | ) | $ | (26,082,432 | ) | |||||||||
Money Market Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 125,529,226 | $ | 125,529,227 | 142,362,326 | $ | 142,362,326 | |||||||||||||
Distributions reinvested | 8,469,932 | 8,469,932 | 8,897,345 | 8,897,345 | |||||||||||||||
Repurchased | (192,241,903 | ) | (192,241,903 | ) | (496,799,218 | ) | (496,799,218 | ) | |||||||||||
Net decrease | (58,242,745 | ) | $ | (58,242,744 | ) | (345,539,547 | ) | $ | (345,539,547 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 959,377 | $ | 959,377 | 1,431,593 | $ | 1,431,593 | |||||||||||||
Distributions reinvested | 862,231 | 862,231 | 723,458 | 723,458 | |||||||||||||||
Repurchased | (21,663,426 | ) | (21,663,426 | ) | (40,502,372 | ) | (40,502,372 | ) | |||||||||||
Net decrease | (19,841,818 | ) | $ | (19,841,818 | ) | (38,347,321 | ) | $ | (38,347,321 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 72,807,730 | $ | 72,807,730 | 201,749,527 | $ | 201,749,527 | |||||||||||||
Distributions reinvested | 2,487,236 | 2,487,236 | 2,509,675 | 2,509,675 | |||||||||||||||
Repurchased | (106,043,055 | ) | (106,043,055 | ) | (200,633,559 | ) | (200,633,559 | ) | |||||||||||
Net increase (decrease) | (30,748,089 | ) | $ | (30,748,089 | ) | 3,625,643 | $ | 3,625,643 | |||||||||||
Total net decrease | (108,832,652 | ) | $ | (108,832,651 | ) | (380,261,225 | ) | $ | (380,261,225 | ) | |||||||||
New Income Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series NAV shares | |||||||||||||||||||
Sold | 623,531 | $ | 7,831,460 | 4,837,106 | $ | 61,534,811 | |||||||||||||
Distributions reinvested | — | — | 3,053,099 | 38,813,218 | |||||||||||||||
Repurchased | (4,341,164 | ) | (54,085,077 | ) | (5,303,785 | ) | (68,108,083 | ) | |||||||||||
Net increase (decrease) | (3,717,633 | ) | $ | (46,253,617 | ) | 2,586,420 | $ | 32,239,946 | |||||||||||
Total net increase (decrease) | (3,717,633 | ) | $ | (46,253,617 | ) | 2,586,420 | $ | 32,239,946 |
Select Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 380,413 | $ | 5,026,697 | 1,046,717 | $ | 14,147,423 | |||||||||||||
Distributions reinvested | — | — | 408,059 | 5,492,118 | |||||||||||||||
Repurchased | (808,128 | ) | (10,659,999 | ) | (1,775,971 | ) | (24,069,460 | ) | |||||||||||
Net decrease | (427,715 | ) | $ | (5,633,302 | ) | (321,195 | ) | $ | (4,429,919 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 3,012,547 | $ | 39,812,165 | 4,532,526 | $ | 61,379,591 | |||||||||||||
Distributions reinvested | — | — | 928,258 | 12,511,326 | |||||||||||||||
Repurchased | (3,614,884 | ) | (47,777,805 | ) | (6,852,164 | ) | (92,871,091 | ) | |||||||||||
Net decrease | (602,337 | ) | $ | (7,965,640 | ) | (1,391,380 | ) | $ | (18,980,174 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 6,535,939 | $ | 86,891,409 | 18,509,785 | $ | 250,098,366 | |||||||||||||
Distributions reinvested | — | — | 17,908,206 | 240,873,500 | |||||||||||||||
Repurchased | (26,508,791 | ) | (349,464,994 | ) | (27,124,782 | ) | (369,057,373 | ) | |||||||||||
Net increase (decrease) | (19,972,852 | ) | $ | (262,573,585 | ) | 9,293,209 | $ | 121,914,493 | |||||||||||
Total net increase (decrease) | (21,002,904 | ) | $ | (276,172,527 | ) | 7,580,634 | $ | 98,504,400 | |||||||||||
Short Term Government Income Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 77,761 | $ | 928,498 | 401,498 | $ | 4,899,784 | |||||||||||||
Distributions reinvested | — | — | 45,653 | 551,243 | |||||||||||||||
Repurchased | (300,339 | ) | (3,589,561 | ) | (648,349 | ) | (7,880,796 | ) | |||||||||||
Net decrease | (222,578 | ) | $ | (2,661,063 | ) | (201,198 | ) | $ | (2,429,769 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 324,400 | $ | 3,878,068 | 539,770 | $ | 6,571,427 | |||||||||||||
Distributions reinvested | — | — | 28,756 | 347,618 | |||||||||||||||
Repurchased | (584,098 | ) | (6,979,557 | ) | (997,816 | ) | (12,138,065 | ) | |||||||||||
Net decrease | (259,698 | ) | $ | (3,101,489 | ) | (429,290 | ) | $ | (5,219,020 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 1,511,649 | $ | 18,056,101 | 1,969,515 | $ | 23,947,959 | |||||||||||||
Distributions reinvested | — | — | 281,657 | 3,400,238 | |||||||||||||||
Repurchased | (1,842,679 | ) | (22,008,813 | ) | (3,175,716 | ) | (38,661,162 | ) | |||||||||||
Net decrease | (331,030 | ) | $ | (3,952,712 | ) | (924,544 | ) | $ | (11,312,965 | ) | |||||||||
Total net decrease | (813,306 | ) | $ | (9,715,264 | ) | (1,555,032 | ) | $ | (18,961,754 | ) | |||||||||
Strategic Income Opportunities Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 620,774 | $ | 8,481,621 | 2,383,535 | $ | 32,791,634 | |||||||||||||
Distributions reinvested | — | — | 1,102,814 | 15,162,535 | |||||||||||||||
Repurchased | (3,083,088 | ) | (42,007,033 | ) | (4,031,576 | ) | (55,542,320 | ) | |||||||||||
Net decrease | (2,462,314 | ) | $ | (33,525,412 | ) | (545,227 | ) | $ | (7,588,151 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 116,523 | $ | 1,583,898 | 356,118 | $ | 4,924,438 | |||||||||||||
Distributions reinvested | — | — | 95,685 | 1,319,118 | |||||||||||||||
Repurchased | (335,568 | ) | (4,570,859 | ) | (627,731 | ) | (8,677,428 | ) | |||||||||||
Net decrease | (219,045 | ) | $ | (2,986,961 | ) | (175,928 | ) | $ | (2,433,872 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 345,527 | $ | 4,693,033 | 2,252,316 | $ | 30,855,618 | |||||||||||||
Distributions reinvested | — | — | 219,758 | 3,012,376 | |||||||||||||||
Repurchased | (860,822 | ) | (11,637,755 | ) | (365,898 | ) | (5,032,768 | ) | |||||||||||
Net increase (decrease) | (515,295 | ) | $ | (6,944,722 | ) | 2,106,176 | $ | 28,835,226 | |||||||||||
Total net increase (decrease) | (3,196,654 | ) | $ | (43,457,095 | ) | 1,385,021 | $ | 18,813,203 | |||||||||||
Total Bond Market Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 2,212,101 | $ | 21,988,459 | 4,078,237 | $ | 41,798,046 | |||||||||||||
Distributions reinvested | — | — | 693,670 | 7,033,373 | |||||||||||||||
Repurchased | (1,650,700 | ) | (16,366,733 | ) | (2,916,577 | ) | (29,756,408 | ) | |||||||||||
Net increase | 561,401 | $ | 5,621,726 | 1,855,330 | $ | 19,075,011 | |||||||||||||
Series II shares | |||||||||||||||||||
Sold | 747,649 | $ | 7,462,990 | 1,026,842 | $ | 10,547,069 | |||||||||||||
Distributions reinvested | — | — | 158,910 | 1,612,989 | |||||||||||||||
Repurchased | (960,916 | ) | (9,556,012 | ) | (2,424,632 | ) | (24,785,322 | ) | |||||||||||
Net decrease | (213,267 | ) | $ | (2,093,022 | ) | (1,238,880 | ) | $ | (12,625,264 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 2,329,286 | $ | 23,153,473 | 4,232,894 | $ | 43,113,197 | |||||||||||||
Distributions reinvested | — | — | 749,602 | 7,595,586 | |||||||||||||||
Repurchased | (2,380,551 | ) | (23,673,928 | ) | (6,660,934 | ) | (67,988,151 | ) | |||||||||||
Net decrease | (51,265 | ) | $ | (520,455 | ) | (1,678,438 | ) | $ | (17,279,368 | ) | |||||||||
Total net increase (decrease) | 296,869 | $ | 3,008,249 | (1,061,988 | ) | $ | (10,829,621 | ) |
Ultra Short Term Bond Trust | Six months ended 6/30/18 | Year ended 12/31/17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 301,833 | $ | 3,449,562 | 1,158,878 | $ | 13,368,262 | |||||||||||||
Distributions reinvested | — | — | 15,958 | 182,354 | |||||||||||||||
Repurchased | (328,023 | ) | (3,746,453 | ) | (1,302,411 | ) | (15,013,533 | ) | |||||||||||
Net decrease | (26,190 | ) | $ | (296,891 | ) | (127,575 | ) | $ | (1,462,917 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 3,582,218 | $ | 40,911,943 | 5,771,585 | $ | 66,547,994 | |||||||||||||
Distributions reinvested | — | — | 263,415 | 3,010,660 | |||||||||||||||
Repurchased | (6,869,829 | ) | (78,450,390 | ) | (11,281,374 | ) | (130,034,777 | ) | |||||||||||
Net decrease | (3,287,611 | ) | $ | (37,538,447 | ) | (5,246,374 | ) | $ | (60,476,123 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 594,988 | $ | 6,796,644 | 1,818,364 | $ | 20,915,460 | |||||||||||||
Distributions reinvested | — | — | 30,958 | 354,108 | |||||||||||||||
Repurchased | (473,329 | ) | (5,407,786 | ) | (781,874 | ) | (9,029,965 | ) | |||||||||||
Net increase | 121,659 | $ | 1,388,858 | 1,067,448 | $ | 12,239,603 | |||||||||||||
Total net decrease | (3,192,142 | ) | $ | (36,446,480 | ) | (4,306,501 | ) | $ | (49,699,437 | ) |
Purchases | Sales | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | U.S. Government | | Other issuers | | U.S. Government | | Other issuers | |||||||||||
Active Bond Trust | $ | 71,109,091 | $ | 115,156,681 | $ | 68,574,567 | $ | 131,202,111 | |||||||||||
Core Bond Trust | 1,153,824,712 | 752,148,426 | 1,224,493,354 | 697,696,074 | |||||||||||||||
Global Bond Trust | 23,363,712 | 93,285,453 | 1,697,738 | 104,382,372 | |||||||||||||||
High Yield Trust | — | 71,080,566 | — | 72,254,552 | |||||||||||||||
Investment Quality Bond Trust | 16,013,583 | 73,373,257 | 39,485,483 | 48,103,594 | |||||||||||||||
New Income Trust | 74,351,884 | 342,768,066 | 76,641,796 | 361,001,241 | |||||||||||||||
Select Bond Trust | 2,204,548,582 | 1,528,422,955 | 2,535,103,435 | 1,258,080,910 | |||||||||||||||
Short Term Government Income Trust | 4,499,280 | 7,944,540 | 6,168,455 | 11,841,642 | |||||||||||||||
Strategic Income Opportunities Trust | — | 268,199,226 | — | 294,610,473 | |||||||||||||||
Total Bond Market Trust | 16,410,664 | 48,715,572 | — | 45,537,446 | |||||||||||||||
Ultra Short Term Bond Trust | — | 47,281,460 | — | 56,599,513 |
Portfolio | | Affiliated Concentration | ||||
---|---|---|---|---|---|---|
Core Bond Trust | 66.1 | % | ||||
Global Bond Trust | 62.9 | % | ||||
New Income Trust | 100.0 | % | ||||
Select Bond Trust | 92.1 | % | ||||
Short Term Government Income Trust | 39.7 | % |
Portfolio | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust | — | $ | 12,450,173 | |||||||
Global Bond Trust | $ | 10,723,919 | 497,150 |
Portfolio | | Issuer, Description | | Original acquisition date | | Acquisition cost | | Beginning share amount | | Ending share amount | | Value as a percentage of portfolio’s net assets | | Value as of 6-30-18 | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
High Yield Trust | New Cotai, Inc., Class B | 4/12/2013 | $ | 0 | 3 | 3 | 0.1 | % | $ | 189,090 |
(1) | information relating to each Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock family of funds); |
(2) | the historical and current performance of each Fund and comparative performance information relating to the Fund’s benchmark and comparable funds; |
(3) | the subadvisory fee for each Fund, including any breakpoints, and comparative fee information, where available, prepared by an independent third-party provider of mutual fund data; and |
(4) | information relating to the nature and scope of any material relationships and their significance to the Trust’s Advisor and unaffiliated Subadvisors. |
(1) | Each Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | Although not without variation, the performance of each Fund managed by a Subadvisor generally has been in line with or outperformed the historical performance of comparable funds and the Fund’s respective benchmarks, with the exceptions noted in Appendix A (with respect to such exceptions, the Board considered the steps the Subadvisor had taken to address performance and concluded that performance is being monitored and reasonably addressed); |
(3) | The subadvisory fees are reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | With respect to those Funds that have subadvisory fees that contain breakpoints, certain breakpoints are reflected as breakpoints in the advisory fees for the Funds in order to permit shareholders to benefit from economies of scale if those Funds grow. |
Portfolio (Subadviser) | | Performance as of 12/31/2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Bond Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Fund underperformed the average for the one- and three-year periods and outperformed the average for the five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Fund are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one- and three-year performance relative to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three-, five- and ten-year periods and to the peer group average for the five- and ten-year periods. The Board took into account management’s discussion of the Fund’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Core Bond Trust (Wells Capital Management Incorporated) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods and outperformed the benchmark index for the ten-year period. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods and outperformed the average for the ten-year period. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the ten-year period. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. The Board also noted that effective July 1, 2018 the management fee will be reduced decreasing the expenses of the Trust. |
Portfolio (Subadviser) | | Performance as of 12/31/2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Bond Trust (Pacific Investment Management Company LLC) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three- and ten-year periods and underperformed the benchmark index for the five-year period. Broadridge Category — The Trust outperformed the average for the one- and three-year periods and underperformed the average for the five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s five- and ten-year performance relative to its peer group average and five-year performance relative to the benchmark index. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three- and ten-year periods and to the peer group average for the one-and three-year periods. The Board took into account management’s discussion of the Trust’s expenses. | |||||||||||
High Yield Trust (Western Asset Management Company) (Western Asset Management Company Limited) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-year period and underperformed the average for the three-, five- and ten-year periods. | Subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-year period. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Investment Quality Bond Trust (Wellington Management Company LLP) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board noted the Trust’s favorable performance relative to the benchmark index and to the peer group average for the one-, three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12/31/2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Money Market Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three- and five-year periods and underperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-, five- and ten-year performance relative to the benchmark index and to the peer group average for the ten-year period. The Board noted the Trust’s favorable performance relative to the peer group average for the one-, three- and five-year periods. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
New Income Trust (T. Rowe Price Associates, Inc.) | Benchmark Index — The Trust outperformed the benchmark index for the one- and three-year periods and underperformed the benchmark index for the five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-, three-, and five-year periods and underperformed the average for the ten-year period. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s five- and ten-year performance relative to the benchmark index and to the peer group average for the ten-year period. The Board noted the Trust’s favorable performance relative to the benchmark index for the one- and three-year periods and to the peer group average for the one-, three- and five-year periods. The Board took into account management’s discussion of the Trust’s expenses. | |||||||||||
Select Bond Trust (f/k/a Bond Trust) (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three-and five-year periods. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board took into account management’s discussion of the Trust’s expenses. |
Portfolio (Subadviser) | | Performance as of 12/31/2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Short Term Government Income Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-and five-year performance relative to the benchmark index and the peer group average. The Board noted that the Trust outperformed its Morningstar peer group for the year-to-date period ended April 30, 2018. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Strategic Income Opportunities Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust outperformed the benchmark index for the one-, three-, five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-year period and outperformed the average for the three-, five- and ten-year periods. | The subadviser fees for this Trust are lower than the peer group median. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-year performance relative to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-, three-, five- and ten-year periods and to the peer group average for the three-, five- and ten-year periods. The Board took into account management’s discussion of the Trust’s expenses. The Board noted the Trust’s net total expenses are lower than the peer group median. | |||||||||||
Total Bond Market Trust (f/k/a Total Bond Market Trust B) (Manulife Asset Management (North America)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five-year periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | Subadviser fees for this Trust are equal to the peer group median. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three- and five-year performance relative to the benchmark index and to the peer group average. The Board also noted the Trust’s low performance dispersion relative to its benchmark index. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12/31/2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ultra Short Term Bond Trust (Manulife Asset Management (U.S.)) | Benchmark Index — The Trust underperformed the benchmark index for the one-, three- and five- periods. Broadridge Category — The Trust underperformed the average for the one-, three- and five-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are higher than the peer group median. Net total expenses for this Trust are higher than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s one-, three-, and five-year performance relative to the benchmark index and to the peer group average. The Board took into account management’s discussion of the Trust’s expenses, including that the advisor will voluntarily waive a portion of its management fee effective July 1, 2018. |
Sector weightings | 3 |
Shareholder expense example | 4 |
Portfolio of investments (See below for each portfolio’s page #) | 6 |
Statements of assets and liabilities | 12 |
Statements of operations | 13 |
Statements of changes in net assets | 14 |
Financial highlights | 15 |
Notes to financial statements | 18 |
Evaluation of advisory and subadvisory agreements by the board of trustees | 28 |
For more information | 34 |
Portfolio | Portfolio of investments | |||||
---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | 6 | |||||
Managed Volatility Growth Portfolio | 6 | |||||
Managed Volatility Balanced Portfolio | 8 | |||||
Managed Volatility Moderate Portfolio | 9 | |||||
Managed Volatility Conservative Portfolio | 10 |
Portfolio
Equity Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
U.S. Large Cap | 37.8 | |||||
Large Blend | 20.7 | |||||
International Large Cap | 12.0 | |||||
U.S. Mid Cap | 8.4 | |||||
Emerging Markets | 7.8 | |||||
U.S. Small Cap | 5.6 | |||||
International Small Cap | 5.0 | |||||
Real Estate | 2.0 | |||||
Total Equity Asset Allocation | 99.3 | |||||
Short-term investments and other | 0.7 |
Equity Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Large Blend | 33.6 | |||||
U.S. Large Cap | 18.6 | |||||
International Large Cap | 4.4 | |||||
Emerging Markets | 4.3 | |||||
U.S. Mid Cap | 4.1 | |||||
U.S. Small Cap | 3.2 | |||||
International Small Cap | 1.9 | |||||
Total Equity Asset Allocation | 70.1 |
Fixed Income Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Intermediate Bond | 22.7 | |||||
Multi-Sector Bond | 4.5 | |||||
Global Bond | 1.2 | |||||
Short-Term Bond | 0.3 | |||||
Total Fixed Income Asset Allocation | 28.7 |
Alternative Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Global Conservative Absolute Return | 0.2 | |||||
Short-term investments and other | 1.0 |
Equity Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Large Blend | 23.0 | |||||
U.S. Large Cap | 15.6 | |||||
U.S. Mid Cap | 2.6 | |||||
International Large Cap | 2.6 | |||||
Emerging Markets | 2.6 | |||||
U.S. Small Cap | 2.2 | |||||
International Small Cap | 1.1 | |||||
Total Equity Asset Allocation | 49.7 |
Fixed Income Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Intermediate Bond | 38.8 | |||||
Multi-Sector Bond | 7.6 | |||||
Global Bond | 2.0 | |||||
Short-Term Bond | 0.7 | |||||
Total Fixed Income Asset Allocation | 49.1 |
Alternative Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Global Conservative Absolute Return | 0.3 | |||||
Short-term investments and other | 0.9 |
Portfolio
Equity Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Large Blend | 19.1 | |||||
U.S. Large Cap | 12.9 | |||||
U.S. Mid Cap | 1.9 | |||||
U.S. Small Cap | 1.8 | |||||
Emerging Markets | 1.7 | |||||
International Large Cap | 1.5 | |||||
International Small Cap | 0.6 | |||||
Total Equity Asset Allocation | 39.5 |
Fixed Income Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Intermediate Bond | 46.7 | |||||
Multi-Sector Bond | 9.2 | |||||
Global Bond | 2.4 | |||||
Short-Term Bond | 0.9 | |||||
Total Fixed Income Asset Allocation | 59.2 |
Alternative Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Global Conservative Absolute Return | 0.4 | |||||
Short-term investments and other | 0.9 |
Equity Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Large Blend | 9.2 | |||||
U.S. Large Cap | 7.3 | |||||
U.S. Small Cap | 0.8 | |||||
Emerging Markets | 0.8 | |||||
International Large Cap | 0.7 | |||||
U.S. Mid Cap | 0.6 | |||||
International Small Cap | 0.3 | |||||
Total Equity Asset Allocation | 19.7 |
Fixed Income Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Intermediate Bond | 62.2 | |||||
Multi-Sector Bond | 12.2 | |||||
Global Bond | 3.4 | |||||
Short-Term Bond | 1.1 | |||||
Total Fixed Income Asset Allocation | 78.9 |
Alternative Asset Allocation | % of Total | |||||
---|---|---|---|---|---|---|
Global Conservative Absolute Return | 0.5 | |||||
Short-term investments and other | 0.9 |
* | As a percentage of net assets. |
John Hancock Variable Insurance Trust |
Shareholder expense example |
As a shareholder of a John Hancock Variable Insurance Trust Managed Volatility Portfolio, you incur ongoing costs, including management fees, distribution and service (Rule 12b-1) fees and other expenses. In addition to the operating expenses which the portfolio bears directly, the portfolio indirectly bears a pro rata share of the operating expenses of the affiliated underlying funds in which the portfolio invests. Because the affiliated underlying funds have varied operating expenses and transaction costs and the portfolio may own different proportions of the underlying funds at different times, the amount of expenses incurred indirectly by the portfolio will vary. Had these indirect expenses been reflected in the following analysis, total expenses would have been higher than the amounts shown.
These examples are intended to help you understand your ongoing costs (in dollars) of investing in a portfolio so you can compare these costs with the ongoing costs of investing in other mutual funds. The examples are based on an investment of $1,000 at the beginning of the period and held for the entire period (January 1, 2018 through June 30, 2018).
Actual expenses:
The first line of each share class in the following table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period ended” to estimate the expenses you paid on your account during this period.
Hypothetical example for comparison purposes:
The second line of each share class in the following table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed annualized rate of return of 5% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in a portfolio and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. Please remember that these hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs and insurance-related charges. Therefore, the second line of each share class in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Expenses | |||||||||||||
Account | Ending | paid during | Annualized | ||||||||||
value on | value on | period ended | expense | ||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio2 | ||||||||||
Managed Volatility Aggressive Portfolio | |||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,013.40 | $ | 0.45 | 0.09 | % | ||||
Hypothetical example | 1,000.00 | 1,024.30 | 0.45 | 0.09 | % | ||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,012.60 | 1.45 | 0.29 | % | |||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.45 | 0.29 | % | ||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,014.30 | 0.20 | 0.04 | % | |||||||
Hypothetical example | 1,000.00 | 1,024.60 | 0.20 | 0.04 | % | ||||||||
Managed Volatility Growth Portfolio | |||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,005.50 | $ | 0.45 | 0.09 | % | ||||
Hypothetical example | 1,000.00 | 1,024.30 | 0.45 | 0.09 | % | ||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,004.80 | 1.44 | 0.29 | % | |||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.45 | 0.29 | % | ||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,005.50 | 0.20 | 0.04 | % | |||||||
Hypothetical example | 1,000.00 | 1,024.60 | 0.20 | 0.04 | % | ||||||||
Managed Volatility Balanced Portfolio | |||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,001.50 | $ | 0.45 | 0.09 | % | ||||
Hypothetical example | 1,000.00 | 1,024.30 | 0.45 | 0.09 | % | ||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,000.80 | 1.44 | 0.29 | % | |||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.45 | 0.29 | % | ||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,001.50 | 0.20 | 0.04 | % | |||||||
Hypothetical example | 1,000.00 | 1,024.60 | 0.20 | 0.04 | % | ||||||||
Managed Volatility Moderate Portfolio | |||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 1,000.80 | $ | 0.45 | 0.09 | % | ||||
Hypothetical example | 1,000.00 | 1,024.30 | 0.45 | 0.09 | % | ||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 1,000.00 | 1.44 | 0.29 | % | |||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.45 | 0.29 | % | ||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 1,000.80 | 0.20 | 0.04 | % | |||||||
Hypothetical example | 1,000.00 | 1,024.60 | 0.20 | 0.04 | % |
4
John Hancock Variable Insurance Trust |
Shareholder expense example |
Expenses | |||||||||||||
Account | Ending | paid during | Annualized | ||||||||||
value on | value on | period ended | expense | ||||||||||
1-1-2018 | 6-30-2018 | 6-30-20181 | ratio2 | ||||||||||
Managed Volatility Conservative Portfolio | |||||||||||||
Series I | Actual expenses/actual returns | $ | 1,000.00 | $ | 993.00 | $ | 0.44 | 0.09 | % | ||||
Hypothetical example | 1,000.00 | 1,024.30 | 0.45 | 0.09 | % | ||||||||
Series II | Actual expenses/actual returns | 1,000.00 | 991.20 | 1.43 | 0.29 | % | |||||||
Hypothetical example | 1,000.00 | 1,023.40 | 1.45 | 0.29 | % | ||||||||
Series NAV | Actual expenses/actual returns | 1,000.00 | 993.00 | 0.20 | 0.04 | % | |||||||
Hypothetical example | 1,000.00 | 1,024.60 | 0.20 | 0.04 | % |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
2 | Ratios do not include expenses indirectly incurred by the underlying funds and can vary based on the mix of underlying funds held by the portfolios. The range of expense ratios of the underlying funds held by the portfolios for the period ended 6-30-2018 was as follows: |
Portfolio | Range | Portfolio | Range | |||
Managed Volatility Aggressive Portfolio | 0.35% - 1.07% | Managed Volatility Moderate Portfolio | 0.53% - 1.07% | |||
Managed Volatility Growth Portfolio | 0.35% - 1.07% | Managed Volatility Conservative Portfolio | 0.53% - 1.07% | |||
Managed Volatility Balanced Portfolio | 0.35% - 1.07% |
5
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Aggressive Portfolio
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (A) - 99.3% | |||||||
Equity - 99.3% | |||||||
Blue Chip Growth, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 627,501 | $ | 24,491,361 | ||||
Capital Appreciation, Series NAV, | |||||||
JHVIT (Jennison) | 1,459,951 | 23,797,197 | |||||
Emerging Markets Equity, Class NAV, JHIT | |||||||
(JHAM) (B)(C) | 827,161 | 9,470,990 | |||||
Emerging Markets Value, Series NAV, | |||||||
JHVIT (DFA) | 2,122,505 | 20,864,227 | |||||
Equity Income, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 2,235,648 | 38,788,493 | |||||
Fundamental Large Cap Value, Class NAV, JHF II | |||||||
(JHAM) (B)(C) | 2,228,151 | 31,171,852 | |||||
International Growth, Class NAV, JHF | |||||||
III (Wellington) | 477,414 | 13,443,973 | |||||
International Growth Stock, Series NAV, | |||||||
JHVIT (Invesco) | 1,121,004 | 19,572,730 | |||||
International Value, Series NAV, | |||||||
JHVIT (Templeton) | 1,713,680 | 23,528,825 | |||||
International Value Equity, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 1,160,859 | 9,704,781 | |||||
Mid Cap Stock, Series NAV, JHVIT (Wellington) | 805,312 | 16,355,888 | |||||
Mid Value, Series NAV, JHVIT (T. Rowe Price) | 1,170,803 | 13,944,259 | |||||
Multifactor Large Cap ETF, JHETF (DFA) | 119,029 | 4,192,201 | |||||
Multifactor Mid Cap ETF, JHETF (DFA) | 60,343 | 2,102,453 | |||||
Real Estate Securities, Series NAV, | |||||||
JHVIT (Deutsche) | 386,074 | 7,648,127 | |||||
Small Cap Growth, Class NAV, JHF II | |||||||
(Redwood) (D) | 269,478 | 4,807,490 | |||||
Small Cap Stock, Series NAV, JHVIT | |||||||
(Wellington) (E)(F) | 530,932 | 6,057,933 | |||||
Small Cap Value, Series NAV, | |||||||
JHVIT (Wellington) | 257,891 | 5,400,233 | |||||
Small Company Value, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 247,347 | 5,320,440 | |||||
Strategic Equity Allocation, Series NAV, JHVIT | |||||||
(JHAM) (B)(C) | 3,994,094 | 80,161,467 | |||||
Strategic Growth, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 1,251,897 | 23,873,667 | |||||
TOTAL AFFILIATED INVESTMENT | |||||||
COMPANIES (Cost $337,855,584) | $ | 384,698,587 | |||||
SHORT-TERM INVESTMENTS - 0.7% | |||||||
U.S. Government - 0.1% | |||||||
U.S. Treasury Bill | |||||||
1.720%, 07/26/2018 * | $ | 425,000 | 424,512 | ||||
1.880%, 09/27/2018 * | 185,000 | 184,156 | |||||
608,668 | |||||||
U.S. Government Agency - 0.6% | |||||||
Federal Agricultural Mortgage Corp. Discount | |||||||
Note | |||||||
1.630%, 07/02/2018 * | 188,000 | 188,000 | |||||
Federal Home Loan Bank Discount Note | |||||||
1.600%, 07/02/2018 * | 1,566,000 | 1,566,000 | |||||
1.895%, 08/03/2018 * | 460,000 | 459,215 | |||||
2,213,215 |
Managed Volatility Aggressive Portfolio (continued)
Shares or | ||||||
Principal | ||||||
Amount | Value | |||||
SHORT-TERM INVESTMENTS (continued) | ||||||
Money market funds - 0.0% | ||||||
State Street Institutional U.S. Government Money | ||||||
Market Fund, Premier Class, 1.8098% (G) | 62,256 | $ | 62,256 | |||
TOTAL SHORT-TERM INVESTMENTS | ||||||
(Cost $2,884,022) | $ | 2,884,139 | ||||
Total Investments (Managed Volatility | ||||||
Aggressive Portfolio) (Cost $340,739,606) - 100.0% | $ | 387,582,726 | ||||
Other assets and liabilities, net - (0.0%) | (40,650 | ) | ||||
TOTAL NET ASSETS - 100.0% | $ | 387,542,076 |
Security Abbreviations and Legend
JHETF | John Hancock Exchange-Traded Fund Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHVIT | John Hancock Variable Insurance Trust |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. |
(D) | Formerly known as Small Company Growth Fund. |
(E) | Formerly known as Small Cap Growth Trust. |
(F) | Non-income producing. |
(G) | The rate shown is the annualized seven-day yield as of 6-30-18. |
* | 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. |
Managed Volatility Growth Portfolio
Shares or | ||||||
Principal | ||||||
Amount | Value | |||||
AFFILIATED INVESTMENT COMPANIES (A) - 99.0% | ||||||
Equity - 70.1% | ||||||
Blue Chip Growth, Series NAV, JHVIT | ||||||
(T. Rowe Price) | 7,161,570 | $ | 279,516,085 | |||
Capital Appreciation, Series NAV, | ||||||
JHVIT (Jennison) | 16,616,345 | 270,846,426 | ||||
Emerging Markets Equity, Class NAV, JHIT | ||||||
(JHAM) (B)(C) | 10,859,789 | 124,344,583 | ||||
Emerging Markets Value, Series NAV, | ||||||
JHVIT (DFA) | 29,133,559 | 286,382,886 | ||||
Equity Income, Series NAV, JHVIT | ||||||
(T. Rowe Price) | 26,559,571 | 460,808,554 | ||||
Fundamental Large Cap Value, Class NAV, JHF II | ||||||
(JHAM) (B)(C) | 26,586,545 | 371,945,758 | ||||
International Growth, Class NAV, JHF | ||||||
III (Wellington) | 4,288,215 | 120,756,129 | ||||
International Growth Stock, Series NAV, | ||||||
JHVIT (Invesco) | 10,136,924 | 176,990,701 | ||||
International Value, Series NAV, | ||||||
JHVIT (Templeton) | 19,461,839 | 267,211,050 | ||||
International Value Equity, Class NAV, JHF III | ||||||
(JHAM) (B)(C) | 3,766,683 | 31,489,470 | ||||
Mid Cap Stock, Series NAV, JHVIT (Wellington) | 8,138,623 | 165,295,437 | ||||
Mid Value, Series NAV, JHVIT (T. Rowe Price) | 14,635,325 | 174,306,717 | ||||
Multifactor Large Cap ETF, JHETF (DFA) | 2,901,434 | 102,188,505 | ||||
Multifactor Mid Cap ETF, JHETF (DFA) | 1,477,579 | 51,481,364 | ||||
Small Cap Growth, Class NAV, JHF II | ||||||
(Redwood) (D) | 3,579,898 | 63,865,379 | ||||
Small Cap Stock, Series NAV, JHVIT | ||||||
(Wellington) (E)(F) | 7,128,947 | 81,341,287 |
The accompanying notes are an integral part of the financial statements. | 6 |
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Growth Portfolio (continued)
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (continued) | |||||||
Equity (continued) | |||||||
Small Cap Value, Series NAV, | |||||||
JHVIT (Wellington) | 3,518,410 | $ | 73,675,506 | ||||
Small Company Value, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 3,430,827 | 73,797,085 | |||||
Strategic Equity Allocation, Series NAV, JHVIT | |||||||
(JHAM) (B)(C) | 158,374,433 | 3,178,574,866 | |||||
Strategic Growth, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 14,250,410 | 271,755,317 | |||||
6,626,573,105 | |||||||
Fixed income - 28.7% | |||||||
Core Bond, Series NAV, JHVIT (Wells Capital) | 19,049,149 | 243,448,121 | |||||
Global Bond, Series NAV, JHVIT (PIMCO) | 8,752,389 | 111,855,538 | |||||
New Income, Series NAV, JHVIT (T. Rowe Price) | 33,804,889 | 421,208,920 | |||||
Select Bond, Series NAV, JHVIT | |||||||
(JHAM) (B)(C)(G) | 128,306,780 | 1,694,932,563 | |||||
Short Term Government Income, Series NAV, | |||||||
JHVIT (JHAM) (B)(C) | 2,811,652 | 33,627,355 | |||||
Total Return, Class NAV, JHF II (PIMCO) | 15,419,006 | 203,685,074 | |||||
2,708,757,571 | |||||||
Alternative - 0.2% | |||||||
Global Conservative Absolute Return, Class NAV, | |||||||
JHBT (Standard Life) (F) | 2,564,094 | 23,743,514 | |||||
TOTAL AFFILIATED INVESTMENT | |||||||
COMPANIES (Cost $8,232,197,009) | $ | 9,359,074,190 | |||||
SHORT-TERM INVESTMENTS - 0.6% | |||||||
Commercial paper - 0.1% | |||||||
Eli Lilly & Company | |||||||
1.850%, 07/09/2018 * | $ | 1,660,000 | 1,659,116 | ||||
Koch Resources LLC | |||||||
1.880%, 07/02/2018 * | 3,800,000 | 3,799,395 | |||||
5,458,511 | |||||||
U.S. Government - 0.1% | |||||||
U.S. Treasury Bill | |||||||
1.720%, 07/26/2018 * | 8,815,000 | 8,804,892 | |||||
1.880%, 09/27/2018 * | 5,420,000 | 5,395,280 | |||||
14,200,172 |
Managed Volatility Growth Portfolio (continued)
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
SHORT-TERM INVESTMENTS (continued) | |||||||
U.S. Government Agency - 0.4% | |||||||
Federal Agricultural Mortgage Corp. Discount | |||||||
Note | |||||||
1.630%, 07/02/2018 * | $ | 2,869,000 | $ | 2,869,000 | |||
Federal Home Loan Bank Discount Note | |||||||
1.600%, 07/02/2018 * | 25,440,000 | 25,440,000 | |||||
1.895%, 08/03/2018 * | 8,680,000 | 8,665,183 | |||||
36,974,183 | |||||||
Money market funds - 0.0% | |||||||
State Street Institutional U.S. Government Money | |||||||
Market Fund, Premier Class, 1.8098% (H) | 1,182,898 | 1,182,898 | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||
(Cost $57,814,271) | $ | 57,815,764 | |||||
Total Investments (Managed Volatility Growth | |||||||
Portfolio) (Cost $8,290,011,280) - 99.6% | $ | 9,416,889,954 | |||||
Other assets and liabilities, net - 0.4% | 36,121,378 | ||||||
TOTAL NET ASSETS - 100.0% | $ | 9,453,011,332 |
Security Abbreviations and Legend
JHBT | John Hancock Bond Trust |
JHETF | John Hancock Exchange-Traded Fund Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHVIT | John Hancock Variable Insurance Trust |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. |
(D) | Formerly known as Small Company Growth Fund. |
(E) | Formerly known as Small Cap Growth Trust. |
(F) | Non-income producing. |
(G) | Formerly known as Bond Trust. |
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
British Pound Currency Futures | 356 | Long | Sep 2018 | $29,943,047 | $29,450,100 | $(492,947 | ) | ||||||
Euro FX Futures | 453 | Long | Sep 2018 | 67,362,513 | 66,457,931 | (904,582 | ) | ||||||
Euro STOXX 50 Index Futures | 1,636 | Long | Sep 2018 | 66,186,838 | 64,460,973 | (1,725,865 | ) | ||||||
FTSE 100 Index Futures | 297 | Long | Sep 2018 | 30,029,099 | 29,654,179 | (374,920 | ) | ||||||
Japanese Yen Currency Futures | 122 | Long | Sep 2018 | 13,967,536 | 13,827,938 | (139,598 | ) | ||||||
MSCI Emerging Markets Index Futures | 1,434 | Long | Sep 2018 | 81,155,237 | 76,238,610 | (4,916,627 | ) | ||||||
Nikkei 225 Futures | 68 | Long | Sep 2018 | 13,801,362 | 13,690,286 | (111,076 | ) | ||||||
Russell 2000 Index E-Mini Futures | 380 | Long | Sep 2018 | 31,851,104 | 31,302,500 | (548,604 | ) | ||||||
S&P 500 Index E-Mini Futures | 2,859 | Long | Sep 2018 | 397,792,812 | 389,052,720 | (8,740,092 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 337 | Long | Sep 2018 | 67,633,255 | 65,920,570 | (1,712,685 | ) | ||||||
$(19,666,996 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
The accompanying notes are an integral part of the financial statements. | 7 |
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Balanced Portfolio
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (A) - 99.1% | |||||||
Equity - 49.7% | |||||||
Blue Chip Growth, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 4,620,078 | $ | 180,321,628 | ||||
Capital Appreciation, Series NAV, | |||||||
JHVIT (Jennison) | 10,720,364 | 174,741,937 | |||||
Emerging Markets Equity, Class NAV, JHIT | |||||||
(JHAM) (B)(C) | 4,766,726 | 54,579,015 | |||||
Emerging Markets Value, Series NAV, | |||||||
JHVIT (DFA) | 13,881,161 | 136,451,810 | |||||
Equity Income, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 17,268,908 | 299,615,549 | |||||
Fundamental Large Cap Value, Class NAV, JHF II | |||||||
(JHAM) (B)(C) | 17,292,323 | 241,919,605 | |||||
International Growth, Class NAV, JHF | |||||||
III (Wellington) | 1,957,066 | 55,110,990 | |||||
International Growth Stock, Series NAV, | |||||||
JHVIT (Invesco) | 4,612,786 | 80,539,242 | |||||
International Value, Series NAV, | |||||||
JHVIT (Templeton) | 10,033,733 | 137,763,155 | |||||
Mid Cap Stock, Series NAV, JHVIT (Wellington) | 3,758,957 | 76,344,416 | |||||
Mid Value, Series NAV, JHVIT (T. Rowe Price) | 6,537,732 | 77,864,388 | |||||
Multifactor Large Cap ETF, JHETF (DFA) | 2,227,690 | 78,459,242 | |||||
Multifactor Mid Cap ETF, JHETF (DFA) | 1,139,858 | 39,714,590 | |||||
Small Cap Growth, Class NAV, JHF II | |||||||
(Redwood) (D) | 1,936,089 | 34,539,836 | |||||
Small Cap Stock, Series NAV, JHVIT | |||||||
(Wellington) (E)(F) | 4,060,527 | 46,330,614 | |||||
Small Cap Value, Series NAV, | |||||||
JHVIT (Wellington) | 1,955,431 | 40,946,718 | |||||
Small Company Value, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 1,898,887 | 40,845,059 | |||||
Strategic Equity Allocation, Series NAV, JHVIT | |||||||
(JHAM) (B)(C) | 84,756,152 | 1,701,055,971 | |||||
Strategic Growth, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 9,184,849 | 175,155,069 | |||||
3,672,298,834 | |||||||
Fixed income - 49.1% | |||||||
Core Bond, Series NAV, JHVIT (Wells Capital) | 25,500,974 | 325,902,453 | |||||
Global Bond, Series NAV, JHVIT (PIMCO) | 11,707,864 | 149,626,506 | |||||
New Income, Series NAV, JHVIT (T. Rowe Price) | 45,260,217 | 563,942,302 | |||||
Select Bond, Series NAV, JHVIT | |||||||
(JHAM) (B)(C)(G) | 171,714,836 | 2,268,352,978 | |||||
Short Term Government Income, Series NAV, | |||||||
JHVIT (JHAM) (B)(C) | 4,322,129 | 51,692,660 | |||||
Total Return, Class NAV, JHF II (PIMCO) | 20,599,072 | 272,113,742 | |||||
3,631,630,641 | |||||||
Alternative - 0.3% | |||||||
Global Conservative Absolute Return, Class NAV, | |||||||
JHBT (Standard Life) (F) | 2,404,927 | 22,269,621 | |||||
TOTAL AFFILIATED INVESTMENT | |||||||
COMPANIES (Cost $6,828,776,171) | $ | 7,326,199,096 |
Managed Volatility Balanced Portfolio (continued)
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
SHORT-TERM INVESTMENTS - 0.6% | |||||||
Commercial paper - 0.1% | |||||||
Eli Lilly & Company | |||||||
1.850%, 07/09/2018 * | $ | 1,435,000 | $ | 1,434,235 | |||
Koch Resources LLC | |||||||
1.880%, 07/02/2018 * | 3,115,000 | 3,114,507 | |||||
4,548,742 | |||||||
U.S. Government - 0.1% | |||||||
U.S. Treasury Bill | |||||||
1.720%, 07/26/2018 * | 7,235,000 | 7,226,703 | |||||
1.880%, 09/27/2018 * | 3,035,000 | 3,021,156 | |||||
10,247,859 | |||||||
U.S. Government Agency - 0.4% | |||||||
Federal Agricultural Mortgage Corp. Discount | |||||||
Note | |||||||
1.630%, 07/02/2018 * | 2,517,000 | 2,517,000 | |||||
Federal Home Loan Bank Discount Note | |||||||
1.600%, 07/02/2018 * | 22,319,000 | 22,319,000 | |||||
1.895%, 08/03/2018 * | 7,500,000 | 7,487,198 | |||||
32,323,198 | |||||||
Money market funds - 0.0% | |||||||
State Street Institutional U.S. Government Money | |||||||
Market Fund, Premier Class, 1.8098% (H) | 947,557 | 947,557 | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||
(Cost $48,066,105) | $ | 48,067,356 | |||||
Total Investments (Managed Volatility | |||||||
Balanced Portfolio) (Cost $6,876,842,276) - 99.7% | $ | 7,374,266,452 | |||||
Other assets and liabilities, net - 0.3% | 20,099,617 | ||||||
TOTAL NET ASSETS - 100.0% | $ | 7,394,366,069 |
Security Abbreviations and Legend
JHBT | John Hancock Bond Trust |
JHETF | John Hancock Exchange-Traded Fund Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHVIT | John Hancock Variable Insurance Trust |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. |
(D) | Formerly known as Small Company Growth Fund. |
(E) | Formerly known as Small Cap Growth Trust. |
(F) | Non-income producing. |
(G) | Formerly known as Bond Trust. |
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
British Pound Currency Futures | 189 | Long | Sep 2018 | $15,896,730 | $15,635,025 | $(261,705 | ) | ||||||
Euro FX Futures | 209 | Long | Sep 2018 | 31,078,952 | 30,661,606 | (417,346 | ) | ||||||
Euro STOXX 50 Index Futures | 760 | Long | Sep 2018 | 30,746,942 | 29,945,195 | (801,747 | ) | ||||||
FTSE 100 Index Futures | 158 | Long | Sep 2018 | 15,975,077 | 15,775,624 | (199,453 | ) | ||||||
Japanese Yen Currency Futures | 145 | Long | Sep 2018 | 16,600,760 | 16,434,844 | (165,916 | ) | ||||||
MSCI Emerging Markets Index Futures | 708 | Long | Sep 2018 | 40,068,276 | 37,640,820 | (2,427,456 | ) |
The accompanying notes are an integral part of the financial statements. | 8 |
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Balanced Portfolio (continued)
FUTURES (continued)
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
Nikkei 225 Futures | 81 | Long | Sep 2018 | $16,439,857 | $16,307,546 | $(132,311 | ) | ||||||
Russell 2000 Index E-Mini Futures | 215 | Long | Sep 2018 | 18,021,019 | 17,710,625 | (310,394 | ) | ||||||
S&P 500 Index E-Mini Futures | 1,738 | Long | Sep 2018 | 241,820,184 | 236,507,040 | (5,313,144 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 189 | Long | Sep 2018 | 37,930,816 | 36,970,290 | (960,526 | ) | ||||||
$(10,989,998 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Managed Volatility Moderate Portfolio
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (A) - 99.1% | |||||||
Equity - 39.5% | |||||||
Blue Chip Growth, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 1,193,929 | $ | 46,599,031 | ||||
Capital Appreciation, Series NAV, | |||||||
JHVIT (Jennison) | 2,756,754 | 44,935,087 | |||||
Emerging Markets Equity, Class NAV, JHIT | |||||||
(JHAM) (B)(C) | 1,010,010 | 11,564,616 | |||||
Emerging Markets Value, Series NAV, | |||||||
JHVIT (DFA) | 2,531,152 | 24,881,229 | |||||
Equity Income, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 4,449,404 | 77,197,165 | |||||
Fundamental Large Cap Value, Class NAV, JHF II | |||||||
(JHAM) (B)(C) | 4,466,327 | 62,483,916 | |||||
International Growth, Class NAV, JHF | |||||||
III (Wellington) | 318,685 | 8,974,159 | |||||
International Growth Stock, Series NAV, | |||||||
JHVIT (Invesco) | 758,038 | 13,235,338 | |||||
International Value, Series NAV, | |||||||
JHVIT (Templeton) | 1,647,829 | 22,624,694 | |||||
Mid Cap Stock, Series NAV, JHVIT (Wellington) | 1,003,294 | 20,376,906 | |||||
Mid Value, Series NAV, JHVIT (T. Rowe Price) | 1,725,493 | 20,550,621 | |||||
Small Cap Growth, Class NAV, JHF II | |||||||
(Redwood) (D) | 454,722 | 8,112,248 | |||||
Small Cap Stock, Series NAV, JHVIT | |||||||
(Wellington) (E)(F) | 961,579 | 10,971,620 | |||||
Small Cap Value, Series NAV, | |||||||
JHVIT (Wellington) | 467,334 | 9,785,967 | |||||
Small Company Value, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 449,846 | 9,676,192 | |||||
Strategic Equity Allocation, Series NAV, JHVIT | |||||||
(JHAM) (B)(C) | 20,281,897 | 407,057,671 | |||||
Strategic Growth, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 2,363,691 | 45,075,595 | |||||
844,102,055 | |||||||
Fixed income - 59.2% | |||||||
Core Bond, Series NAV, JHVIT (Wells Capital) | 8,880,455 | 113,492,217 | |||||
Global Bond, Series NAV, JHVIT (PIMCO) | 4,079,068 | 52,130,488 | |||||
New Income, Series NAV, JHVIT (T. Rowe Price) | 15,770,833 | 196,504,579 | |||||
Select Bond, Series NAV, JHVIT | |||||||
(JHAM) (B)(C)(G) | 59,787,671 | 789,795,132 | |||||
Short Term Government Income, Series NAV, | |||||||
JHVIT (JHAM) (B)(C) | 1,408,690 | 16,847,933 | |||||
Total Return, Class NAV, JHF II (PIMCO) | 7,183,083 | 94,888,526 | |||||
1,263,658,875 | |||||||
Alternative - 0.4% | |||||||
Global Conservative Absolute Return, Class NAV, | |||||||
JHBT (Standard Life) (F) | 927,232 | 8,586,169 | |||||
TOTAL AFFILIATED INVESTMENT | |||||||
COMPANIES (Cost $2,031,799,501) | $ | 2,116,347,099 |
Managed Volatility Moderate Portfolio (continued)
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
SHORT-TERM INVESTMENTS - 0.7% | |||||||
Commercial paper - 0.1% | |||||||
Eli Lilly & Company | |||||||
1.850%, 07/09/2018 * | $ | 405,000 | $ | 404,784 | |||
Koch Resources LLC | |||||||
1.880%, 07/02/2018 * | 920,000 | 919,855 | |||||
1,324,639 | |||||||
U.S. Government - 0.1% | |||||||
U.S. Treasury Bill | |||||||
1.720%, 07/26/2018 * | 2,135,000 | 2,132,552 | |||||
1.880%, 09/27/2018 * | 815,000 | 811,282 | |||||
2,943,834 | |||||||
U.S. Government Agency - 0.5% | |||||||
Federal Agricultural Mortgage Corp. Discount | |||||||
Note | |||||||
1.630%, 07/02/2018 * | 765,000 | 765,000 | |||||
Federal Home Loan Bank Discount Note | |||||||
1.600%, 07/02/2018 * | 6,780,000 | 6,780,000 | |||||
1.895%, 08/03/2018 * | 2,110,000 | 2,106,398 | |||||
9,651,398 | |||||||
Money market funds - 0.0% | |||||||
State Street Institutional U.S. Government Money | |||||||
Market Fund, Premier Class, 1.8098% (H) | 189,754 | 189,754 | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||
(Cost $14,109,249) | $ | 14,109,625 | |||||
Total Investments (Managed Volatility | |||||||
Moderate Portfolio) (Cost $2,045,908,750) - 99.8% | $ | 2,130,456,724 | |||||
Other assets and liabilities, net - 0.2% | 5,337,687 | ||||||
TOTAL NET ASSETS - 100.0% | $ | 2,135,794,411 |
Security Abbreviations and Legend
JHBT | John Hancock Bond Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHVIT | John Hancock Variable Insurance Trust |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. |
(D) | Formerly known as Small Company Growth Fund. |
(E) | Formerly known as Small Cap Growth Trust. |
(F) | Non-income producing. |
(G) | Formerly known as Bond Trust. |
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
* | 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. |
The accompanying notes are an integral part of the financial statements. | 9 |
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Moderate Portfolio (continued)
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
British Pound Currency Futures | 46 | Long | Sep 2018 | $3,862,626 | $3,805,350 | $(57,276 | ) | ||||||
Euro FX Futures | 60 | Long | Sep 2018 | 8,908,012 | 8,802,375 | (105,637 | ) | ||||||
Euro STOXX 50 Index Futures | 227 | Long | Sep 2018 | 9,142,687 | 8,944,157 | (198,530 | ) | ||||||
FTSE 100 Index Futures | 39 | Long | Sep 2018 | 3,926,029 | 3,893,983 | (32,046 | ) | ||||||
Japanese Yen Currency Futures | 36 | Long | Sep 2018 | 4,121,128 | 4,080,375 | (40,753 | ) | ||||||
MSCI Emerging Markets Index Futures | 171 | Long | Sep 2018 | 9,543,249 | 9,091,215 | (452,034 | ) | ||||||
Nikkei 225 Futures | 20 | Long | Sep 2018 | 4,051,997 | 4,026,555 | (25,442 | ) | ||||||
Russell 2000 Index E-Mini Futures | 52 | Long | Sep 2018 | 4,354,383 | 4,283,500 | (70,883 | ) | ||||||
S&P 500 Index E-Mini Futures | 439 | Long | Sep 2018 | 60,911,521 | 59,739,120 | (1,172,401 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 43 | Long | Sep 2018 | 8,607,847 | 8,411,230 | (196,617 | ) | ||||||
$(2,351,619 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Managed Volatility Conservative Portfolio
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (A) - 99.1% | |||||||
Equity - 19.7% | |||||||
Blue Chip Growth, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 389,619 | $ | 15,206,830 | ||||
Capital Appreciation, Series NAV, | |||||||
JHVIT (Jennison) | 908,272 | 14,804,833 | |||||
Emerging Markets Equity, Class NAV, JHIT | |||||||
(JHAM) (B)(C) | 216,189 | 2,475,362 | |||||
Emerging Markets Value, Series NAV, | |||||||
JHVIT (DFA) | 753,862 | 7,410,468 | |||||
Equity Income, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 1,433,298 | 24,867,728 | |||||
Fundamental Large Cap Value, Class NAV, JHF II | |||||||
(JHAM) (B)(C) | 1,455,895 | 20,367,963 | |||||
International Growth, Class NAV, JHF | |||||||
III (Wellington) | 85,942 | 2,420,129 | |||||
International Growth Stock, Series NAV, | |||||||
JHVIT (Invesco) | 204,049 | 3,562,702 | |||||
International Value, Series NAV, | |||||||
JHVIT (Templeton) | 442,654 | 6,077,644 | |||||
Mid Cap Stock, Series NAV, JHVIT (Wellington) | 169,525 | 3,443,057 | |||||
Mid Value, Series NAV, JHVIT (T. Rowe Price) | 296,492 | 3,531,224 | |||||
Small Cap Growth, Class NAV, JHF II | |||||||
(Redwood) (D) | 120,005 | 2,140,883 | |||||
Small Cap Stock, Series NAV, JHVIT | |||||||
(Wellington) (E)(F) | 255,032 | 2,909,919 | |||||
Small Cap Value, Series NAV, | |||||||
JHVIT (Wellington) | 119,923 | 2,511,190 | |||||
Small Company Value, Series NAV, JHVIT | |||||||
(T. Rowe Price) | 117,716 | 2,532,069 | |||||
Strategic Equity Allocation, Series NAV, JHVIT | |||||||
(JHAM) (B)(C) | 5,646,199 | 113,319,215 | |||||
Strategic Growth, Class NAV, JHF III | |||||||
(JHAM) (B)(C) | 776,061 | 14,799,488 | |||||
242,380,704 | |||||||
Fixed income - 78.9% | |||||||
Core Bond, Series NAV, JHVIT (Wells Capital) | 6,793,201 | 86,817,110 | |||||
Global Bond, Series NAV, JHVIT (PIMCO) | 3,230,229 | 41,282,330 | |||||
New Income, Series NAV, JHVIT (T. Rowe Price) | 12,069,678 | 150,388,189 | |||||
Select Bond, Series NAV, JHVIT | |||||||
(JHAM) (B)(C)(G) | 45,748,676 | 604,340,007 | |||||
Short Term Government Income, Series NAV, | |||||||
JHVIT (JHAM) (B)(C) | 1,135,230 | 13,577,351 |
Managed Volatility Conservative Portfolio (continued)
Shares or | |||||||
Principal | |||||||
Amount | Value | ||||||
AFFILIATED INVESTMENT COMPANIES (continued) | |||||||
Fixed income (continued) | |||||||
Total Return, Class NAV, JHF II (PIMCO) | 5,494,483 | $ | 72,582,125 | ||||
968,987,112 | |||||||
Alternative - 0.5% | |||||||
Global Conservative Absolute Return, Class NAV, | |||||||
JHBT (Standard Life) (F) | 662,120 | 6,131,231 | |||||
TOTAL AFFILIATED INVESTMENT | |||||||
COMPANIES (Cost $1,231,929,249) | $ | 1,217,499,047 | |||||
SHORT-TERM INVESTMENTS - 0.8% | |||||||
Commercial paper - 0.1% | |||||||
Koch Resources LLC | |||||||
1.880%, 07/02/2018 * | $ | 600,000 | 599,906 | ||||
U.S. Government - 0.2% | |||||||
U.S. Treasury Bill | |||||||
1.720%, 07/26/2018 * | 1,390,000 | 1,388,406 | |||||
1.880%, 09/27/2018 * | 545,000 | 542,514 | |||||
1,930,920 | |||||||
U.S. Government Agency - 0.5% | |||||||
Federal Agricultural Mortgage Corp. Discount | |||||||
Note | |||||||
1.630%, 07/02/2018 * | 540,000 | 540,000 | |||||
Federal Home Loan Bank Discount Note | |||||||
1.600%, 07/02/2018 * | 4,785,000 | 4,785,000 | |||||
1.895%, 08/03/2018 * | 1,250,000 | 1,247,866 | |||||
6,572,866 | |||||||
Money market funds - 0.0% | |||||||
State Street Institutional U.S. Government Money | |||||||
Market Fund, Premier Class, 1.8098% (H) | 175,980 | 175,980 | |||||
TOTAL SHORT-TERM INVESTMENTS | |||||||
(Cost $9,279,380) | $ | 9,279,672 | |||||
Total Investments (Managed Volatility | |||||||
Conservative Portfolio) (Cost $1,241,208,629) - 99.9% | $ | 1,226,778,719 | |||||
Other assets and liabilities, net - 0.1% | 1,413,367 | ||||||
TOTAL NET ASSETS - 100.0% | $ | 1,228,192,086 |
Security Abbreviations and Legend
JHBT | John Hancock Bond Trust |
The accompanying notes are an integral part of the financial statements. | 10 |
John Hancock Variable Insurance Trust |
Portfolio of Investments — June 30, 2018 (unaudited) (showing percentage of total net assets) |
Managed Volatility Conservative Portfolio (continued)
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHVIT | John Hancock Variable Insurance Trust |
(A) | The underlying portfolios’ subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management. |
Managed Volatility Conservative Portfolio (continued)
(D) | Formerly known as Small Company Growth Fund. |
(E) | Formerly known as Small Cap Growth Trust. |
(F) | Non-income producing. |
(G) | Formerly known as Bond Trust. |
(H) | The rate shown is the annualized seven-day yield as of 6-30-18. |
* | 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. |
DERIVATIVES
FUTURES
Unrealized | |||||||||||||
Number of | Expiration | Notional | Notional | appreciation | |||||||||
Open contracts | contracts | Position | date | basis* | value* | (depreciation) | |||||||
British Pound Currency Futures | 13 | Long | Sep 2018 | $1,091,355 | $1,075,425 | $(15,930 | ) | ||||||
Euro FX Futures | 17 | Long | Sep 2018 | 2,520,677 | 2,494,006 | (26,671 | ) | ||||||
Euro STOXX 50 Index Futures | 64 | Long | Sep 2018 | 2,582,513 | 2,521,701 | (60,812 | ) | ||||||
FTSE 100 Index Futures | 10 | Long | Sep 2018 | 1,009,602 | 998,457 | (11,145 | ) | ||||||
Japanese Yen Currency Futures | 10 | Long | Sep 2018 | 1,144,226 | 1,133,438 | (10,788 | ) | ||||||
MSCI Emerging Markets Index Futures | 47 | Long | Sep 2018 | 2,630,604 | 2,498,755 | (131,849 | ) | ||||||
Nikkei 225 Futures | 5 | Long | Sep 2018 | 1,015,798 | 1,006,639 | (9,159 | ) | ||||||
Russell 2000 Index E-Mini Futures | 13 | Long | Sep 2018 | 1,088,945 | 1,070,875 | (18,070 | ) | ||||||
S&P 500 Index E-Mini Futures | 132 | Long | Sep 2018 | 18,328,868 | 17,962,560 | (366,308 | ) | ||||||
S&P MidCap 400 Index E-Mini Futures | 11 | Long | Sep 2018 | 2,201,791 | 2,151,711 | (50,080 | ) | ||||||
$(700,812 | ) |
* Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
Investment companies
Underlying Funds’ Investment Managers | |
Deutsche Investment Management Americas, Inc. | (Deutsche) |
Dimensional Fund Advisors, LP | (DFA) |
Invesco Advisers, Inc. | (Invesco) |
Jennison Associates LLC | (Jennison) |
John Hancock Asset Management | (JHAM) |
Pacific Investment Management Company, LLC | (PIMCO) |
Redwood Investments, LLC | (Redwood) |
Standard Life Investments (Corporate Funds) Limited | (Standard Life) |
T. Rowe Price Associates, Inc. | (T. Rowe Price) |
Templeton Investment Counsel, LLC | (Templeton) |
Wellington Management Company, LLP | (Wellington) |
Wells Capital Management, Incorporated | (Wells Capital) |
The accompanying notes are an integral part of the financial statements. | 11 |
John Hancock Variable Insurance Trust |
Statements of assets and liabilities — June 30, 2018 (unaudited) |
Managed | Managed | Managed | Managed | Managed | |||||||
Volatility | Volatility | Volatility | Volatility | Volatility | |||||||
Aggressive | Growth | Balanced | Moderate | Conservative | |||||||
Assets | Portfolio | Portfolio | Portfolio | Portfolio | Portfolio | ||||||
Unaffiliated investments, at value | $2,884,139 | $57,815,764 | $48,067,356 | $14,109,625 | $9,279,672 | ||||||
Affiliated funds, at value | 384,698,587 | 9,359,074,190 | 7,326,199,096 | 2,116,347,099 | 1,217,499,047 | ||||||
Total investments, at value | 387,582,726 | 9,416,889,954 | 7,374,266,452 | 2,130,456,724 | 1,226,778,719 | ||||||
Receivable for futures variation margin | — | 2,416,827 | 1,231,907 | 1,379,160 | 142,389 | ||||||
Cash | 424,451 | 8,803,604 | 7,225,647 | 1,441,448 | 1,388,203 | ||||||
Foreign currency, at value | — | 2,209,620 | 1,059,817 | 208,257 | 97,342 | ||||||
Cash held at broker for futures contracts | 5,002 | 31,927,749 | 18,192,628 | 4,569,710 | 1,256,740 | ||||||
Dividends and interest receivable | 3,918 | 51,047 | 27,529 | 1,361 | 2,428 | ||||||
Receivable for fund shares sold | 358,743 | 22,710 | 42,487 | 6,787 | — | ||||||
Receivable for investments sold | — | 2,382,413 | 2,732,345 | 995,214 | 745,612 | ||||||
Receivable due from advisor | 9,345 | 17,873 | 14,180 | 4,454 | 6,685 | ||||||
Other assets | 3,288 | 15,145 | 13,023 | 5,491 | 4,339 | ||||||
Total assets | 388,387,473 | 9,464,736,942 | 7,404,806,015 | 2,139,068,606 | 1,230,422,457 | ||||||
Liabilities | |||||||||||
Payable for investments purchased | 739,813 | 8,803,648 | 7,225,682 | 2,132,251 | 1,388,210 | ||||||
Payable for fund shares repurchased | 41,271 | 2,272,969 | 2,680,795 | 973,029 | 728,925 | ||||||
Payable to affiliates | |||||||||||
Accounting and legal services fees | 22,447 | 543,554 | 423,252 | 122,153 | 69,494 | ||||||
Trustees’ fees | 459 | 3,404 | 3,125 | 1,228 | 964 | ||||||
Other liabilities and accrued expenses | 41,407 | 102,035 | 107,092 | 45,534 | 42,778 | ||||||
Total liabilities | 845,397 | 11,725,610 | 10,439,946 | 3,274,195 | 2,230,371 | ||||||
Net assets | $387,542,076 | $9,453,011,332 | $7,394,366,069 | $2,135,794,411 | $1,228,192,086 | ||||||
Net assets consist of | |||||||||||
Paid-in capital | $318,009,257 | $7,463,402,254 | $6,359,409,460 | $1,901,780,715 | $1,213,460,955 | ||||||
Undistributed net investment income (loss) | (127,835 | ) | (9,569,778 | ) | (6,074,494 | ) | (2,032,123 | ) | (1,090,827 | ) | |
Accumulated net realized gain (loss) on investments | 22,817,534 | 892,713,905 | 554,125,075 | 153,673,668 | 30,916,805 | ||||||
Net unrealized appreciation (depreciation) on investments | 46,843,120 | 1,106,464,951 | 486,906,028 | 82,372,151 | (15,094,847) | ||||||
Net assets | $387,542,076 | $9,453,011,332 | $7,394,366,069 | $2,135,794,411 | $1,228,192,086 | ||||||
Unaffiliated investments, including repurchase agreements, at cost | $2,884,022 | $57,814,271 | $48,066,105 | $14,109,249 | $9,279,380 | ||||||
Affiliated funds, at cost | $337,855,584 | $8,232,197,009 | $6,828,776,171 | $2,031,799,501 | $1,231,929,249 | ||||||
Foreign currency, at cost | — | $2,194,701 | $1,052,056 | $205,473 | $96,796 | ||||||
Net asset value per share | |||||||||||
The portfolios have an unlimited number of shares authorized with par value of $0.01 per share. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||||||||||
Series I | |||||||||||
Net assets | $74,623,103 | $675,579,326 | $602,374,417 | $253,435,858 | $169,606,999 | ||||||
Shares outstanding | 6,187,021 | 46,187,154 | 46,416,499 | 20,543,117 | 14,878,539 | ||||||
Net asset value, offering price and redemption price per share | $12.06 | $14.63 | $12.98 | $12.34 | $11.40 | ||||||
Series II | |||||||||||
Net assets | $81,002,126 | $8,002,398,463 | $5,557,477,618 | $1,748,607,551 | $1,006,153,828 | ||||||
Shares outstanding | 6,742,549 | 549,284,987 | 431,200,619 | 142,796,728 | 89,005,282 | ||||||
Net asset value, offering price and redemption price per share | $12.01 | $14.57 | $12.89 | $12.25 | $11.30 | ||||||
Series NAV | |||||||||||
Net assets | $231,916,847 | $775,033,543 | $1,234,514,034 | $133,751,002 | $52,431,259 | ||||||
Shares outstanding | 19,217,140 | 52,901,899 | 94,865,959 | 10,829,375 | 4,587,394 | ||||||
Net asset value, offering price and redemption price per share | $12.07 | $14.65 | $13.01 | $12.35 | $11.43 |
The accompanying notes are an integral part of the financial statements. | 12 |
John Hancock Variable Insurance Trust |
Statements of operations — For the six months ended June 30, 2018 (unaudited) |
Managed | Managed | Managed | Managed | Managed | |||||||||||
Volatility | Volatility | Volatility | Volatility | Volatility | |||||||||||
Aggressive | Growth | Balanced | Moderate | Conservative | |||||||||||
Investment income | Portfolio | Portfolio | Portfolio | Portfolio | Portfolio | ||||||||||
Income distributions received from affiliated funds | $42,069 | $2,025,730 | $2,140,355 | $512,575 | $383,850 | ||||||||||
Interest | 33,542 | 898,864 | 655,170 | 180,090 | 100,734 | ||||||||||
Total investment income | 75,611 | 2,924,594 | 2,795,525 | 692,665 | 484,584 | ||||||||||
Expenses | |||||||||||||||
Investment management fees | 121,681 | 2,931,152 | 2,213,457 | 551,420 | 313,344 | ||||||||||
Distribution and service fees | 125,355 | 10,518,714 | 7,334,030 | 2,323,330 | 1,346,475 | ||||||||||
Accounting and legal services fees | 30,718 | 751,048 | 585,442 | 168,964 | 96,676 | ||||||||||
Trustees’ fees | 3,547 | 81,819 | 64,421 | 18,898 | 11,244 | ||||||||||
Custodian fees | 20,301 | 20,461 | 20,472 | 20,461 | 20,461 | ||||||||||
Printing and postage | 15,923 | 126,323 | 117,551 | 34,251 | 26,277 | ||||||||||
Professional fees | 19,926 | 89,111 | 75,220 | 34,248 | 27,598 | ||||||||||
Other | 3,486 | 32,531 | 26,503 | 9,746 | 7,050 | ||||||||||
Total expenses | 340,937 | 14,551,159 | 10,437,096 | 3,161,318 | 1,849,125 | ||||||||||
Less expense reductions | (137,491 | ) | (2,056,787 | ) | (1,567,077 | ) | (436,530 | ) | (273,714 | ) | |||||
Net expenses | 203,446 | 12,494,372 | 8,870,019 | 2,724,788 | 1,575,411 | ||||||||||
Net investment loss | (127,835 | ) | (9,569,778 | ) | (6,074,494 | ) | (2,032,123 | ) | (1,090,827 | ) | |||||
Realized and unrealized gain (loss) | |||||||||||||||
Net realized gain (loss) on | |||||||||||||||
Unaffiliated investments and foreign currency transactions | 4,791 | 3,897 | 3,568 | 609 | (41 | ) | |||||||||
Affiliated funds | 3,146,443 | 146,970,349 | 79,615,181 | 24,870,884 | 2,248,845 | ||||||||||
Capital gain distributions received from affiliated funds | 1,382,509 | 19,662,435 | 9,841,889 | 2,307,901 | 409,198 | ||||||||||
Futures contracts | (950,293 | ) | 26,057,169 | 17,178,609 | 6,080,568 | 1,918,052 | |||||||||
3,583,450 | 192,693,850 | 106,639,247 | 33,259,962 | 4,576,054 | |||||||||||
Change in net unrealized appreciation (depreciation) of | |||||||||||||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 39,509 | 93,748 | 57,577 | 15,631 | 4,813 | ||||||||||
Affiliated funds | 2,034,263 | (98,699,935 | ) | (74,915,397 | ) | (28,018,580 | ) | (12,981,587 | ) | ||||||
Futures contracts | — | (34,854,162 | ) | (19,321,002 | ) | (4,008,664 | ) | (1,135,154 | ) | ||||||
2,073,772 | (133,460,349 | ) | (94,178,822 | ) | (32,011,613 | ) | (14,111,928 | ) | |||||||
Net realized and unrealized gain (loss) | 5,657,222 | 59,233,501 | 12,460,425 | 1,248,349 | (9,535,874 | ) | |||||||||
Increase (decrease) in net assets from operations | $5,529,387 | $49,663,723 | $6,385,931 | $(783,774 | ) | $(10,626,701 | ) |
The accompanying notes are an integral part of the financial statements. | 13 |
John Hancock Variable Insurance Trust |
Statements of changes in net assets |
Managed Volatility | Managed Volatility | Managed Volatility | ||||||||||||||||
Aggressive Portfolio | Growth Portfolio | Balanced Portfolio | ||||||||||||||||
Six months | Six months | Six months | ||||||||||||||||
ended | ended | ended | ||||||||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||||||
From operations | ||||||||||||||||||
Net investment income (loss) | $(127,835 | ) | $4,320,494 | $(9,569,778 | ) | 146,788,444 | $(6,074,494 | ) | 138,243,117 | |||||||||
Net realized gain (loss) | 3,583,450 | 27,950,532 | 192,693,850 | 801,030,030 | 106,639,247 | 505,108,920 | ||||||||||||
Change in net unrealized appreciation (depreciation) | 2,073,772 | 44,406,839 | (133,460,349 | ) | 709,537,245 | (94,178,822 | ) | 389,171,667 | ||||||||||
Increase (decrease) in net assets resulting from operations | 5,529,387 | 76,677,865 | 49,663,723 | 1,657,355,719 | 6,385,931 | 1,032,523,704 | ||||||||||||
Distributions to shareholders | ||||||||||||||||||
From net investment income | ||||||||||||||||||
Series I | — | (887,960 | ) | — | (11,476,268 | ) | — | (12,067,670 | ) | |||||||||
Series II | — | (817,361 | ) | — | (122,412,391 | ) | — | (101,767,587 | ) | |||||||||
Series NAV | — | (2,615,488 | ) | — | (12,909,290 | ) | — | (24,417,666 | ) | |||||||||
From net realized gain | ||||||||||||||||||
Series I | — | (422,624 | ) | — | (27,697,768 | ) | — | (25,087,611 | ) | |||||||||
Series II | — | (465,003 | ) | — | (335,815,870 | ) | — | (238,997,371 | ) | |||||||||
Series NAV | — | (1,196,235 | ) | — | (29,223,812 | ) | — | (48,949,581 | ) | |||||||||
Total distributions | — | (6,404,671 | ) | — | (539,535,399 | ) | — | (451,287,486 | ) | |||||||||
From portfolio share transactions | ||||||||||||||||||
Portfolio share transactions | (12,655,732 | ) | (32,043,255 | ) | (615,689,505 | ) | (628,898,827 | ) | (510,998,388 | ) | (548,266,818 | ) | ||||||
Total from portfolio share transactions | (12,655,732 | ) | (32,043,255 | ) | (615,689,505 | ) | (628,898,827 | ) | (510,998,388 | ) | (548,266,818 | ) | ||||||
Total increase (decrease) | (7,126,345 | ) | 38,229,939 | (566,025,782 | ) | 488,921,493 | (504,612,457 | ) | 32,969,400 | |||||||||
Net assets | ||||||||||||||||||
Beginning of period | 394,668,421 | 356,438,482 | 10,019,037,114 | 9,530,115,621 | 7,898,978,526 | 7,866,009,126 | ||||||||||||
End of period | $387,542,076 | $394,668,421 | $9,453,011,332 | $10,019,037,114 | $7,394,366,069 | $7,898,978,526 | ||||||||||||
Undistributed net investment income (loss) | $(127,835 | ) | — | $(9,569,778 | ) | — | $(6,074,494 | ) | — |
Managed Volatility | Managed Volatility | |||||||||||
Moderate Portfolio | Conservative Portfolio | |||||||||||
Six months | Six months | |||||||||||
ended | ended | |||||||||||
6-30-18 | Year ended | 6-30-18 | Year ended | |||||||||
Increase (decrease) in net assets | (unaudited) | 12-31-17 | (unaudited) | 12-31-17 | ||||||||
From operations | ||||||||||||
Net investment income (loss) | $(2,032,123 | ) | $42,835,383 | $(1,090,827 | ) | $29,256,266 | ||||||
Net realized gain (loss) | 33,259,962 | 133,067,860 | 4,576,054 | 35,519,991 | ||||||||
Change in net unrealized appreciation (depreciation) | (32,011,613 | ) | 82,920,132 | (14,111,928 | ) | 39,872,873 | ||||||
Increase (decrease) in net assets resulting from operations | (783,774 | ) | 258,823,375 | (10,626,701 | ) | 104,649,130 | ||||||
Distributions to shareholders | ||||||||||||
From net investment income | ||||||||||||
Series I | — | (5,368,646 | ) | — | (4,084,488 | ) | ||||||
Series II | — | (34,715,866 | ) | — | (23,665,166 | ) | ||||||
Series NAV | — | (2,751,817 | ) | — | (1,507,288 | ) | ||||||
From net realized gain | ||||||||||||
Series I | — | (9,173,774 | ) | — | (3,604,809 | ) | ||||||
Series II | — | (66,996,390 | ) | — | (23,008,090 | ) | ||||||
Series NAV | — | (4,166,914 | ) | — | (984,709 | ) | ||||||
Total distributions | — | (123,173,407 | ) | — | (56,854,550 | ) | ||||||
From portfolio share transactions | ||||||||||||
Portfolio share transactions | (153,802,134 | ) | (187,086,146 | ) | (114,775,904 | ) | (168,456,726 | ) | ||||
Total from portfolio share transactions | (153,802,134 | ) | (187,086,146 | ) | (114,775,904 | ) | (168,456,726 | ) | ||||
Total increase (decrease) | (154,585,908 | ) | (51,436,178 | ) | (125,402,605 | ) | (120,662,146 | ) | ||||
Net assets | ||||||||||||
Beginning of period | 2,290,380,319 | 2,341,816,497 | 1,353,594,691 | 1,474,256,837 | ||||||||
End of period | $2,135,794,411 | $2,290,380,319 | $1,228,192,086 | $1,353,594,691 | ||||||||
Undistributed net investment income (loss) | $(2,032,123 | ) | — | $(1,090,827 | ) | — |
The accompanying notes are an integral part of the financial statements. | 14 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||
Income (loss) from | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net real- ized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reduc- tions (%)4 | Expenses including reduc- tions (%)4 | Net invest- ment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||||
Managed Volatility Aggressive Portfolio | ||||||||||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.90 | — | 6 | 0.16 | 0.16 | — | — | — | 12.06 | 1.34 | 7 | 0.168 | 0.098 | (0.05 | )8 | 75 | 3 | |||||||||||||||||||
12-31-2017 | 9.85 | 0.13 | 2.11 | 2.24 | (0.13 | ) | (0.06 | ) | (0.19 | ) | 11.90 | 22.82 | 0.16 | 0.09 | 1.15 | 80 | 15 | |||||||||||||||||||
12-31-2016 | 9.91 | 0.14 | 0.05 | 0.19 | (0.14 | ) | (0.11 | ) | (0.25 | ) | 9.85 | 1.95 | 0.15 | 0.10 | 1.40 | 76 | 55 | |||||||||||||||||||
12-31-2015 | 10.75 | 0.12 | (0.75 | ) | (0.63 | ) | (0.12 | ) | (0.09 | ) | (0.21 | ) | 9.91 | (5.85 | ) | 0.13 | 0.10 | 1.09 | 83 | 16 | ||||||||||||||||
12-31-2014 | 10.91 | 0.11 | 0.05 | 0.16 | (0.12 | ) | (0.20 | ) | (0.32 | ) | 10.75 | 1.40 | 0.13 | 0.10 | 1.03 | 105 | 31 | |||||||||||||||||||
12-31-2013 | 8.81 | 0.11 | 2.24 | 2.35 | (0.11 | ) | (0.14 | ) | (0.25 | ) | 10.91 | 26.72 | 0.13 | 0.12 | 1.13 | 123 | 21 | |||||||||||||||||||
Series II | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.86 | (0.02 | ) | 0.17 | 0.15 | — | — | — | 12.01 | 1.26 | 7 | 0.368 | 0.298 | (0.25 | )8 | 81 | 3 | |||||||||||||||||||
12-31-2017 | 9.82 | 0.10 | 2.12 | 2.22 | (0.12 | ) | (0.06 | ) | (0.18 | ) | 11.86 | 22.56 | 0.36 | 0.29 | 0.94 | 88 | 15 | |||||||||||||||||||
12-31-2016 | 9.89 | 0.11 | 0.05 | 0.16 | (0.12 | ) | (0.11 | ) | (0.23 | ) | 9.82 | 1.66 | 0.35 | 0.30 | 1.17 | 87 | 55 | |||||||||||||||||||
12-31-2015 | 10.73 | 0.09 | (0.74 | ) | (0.65 | ) | (0.10 | ) | (0.09 | ) | (0.19 | ) | 9.89 | (6.05 | ) | 0.33 | 0.30 | 0.86 | 102 | 16 | ||||||||||||||||
12-31-2014 | 10.88 | 0.09 | 0.06 | 0.15 | (0.10 | ) | (0.20 | ) | (0.30 | ) | 10.73 | 1.29 | 0.33 | 0.30 | 0.78 | 136 | 31 | |||||||||||||||||||
12-31-2013 | 8.79 | 0.08 | 2.24 | 2.32 | (0.09 | ) | (0.14 | ) | (0.23 | ) | 10.88 | 26.43 | 0.33 | 0.32 | 0.83 | 189 | 21 | |||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.90 | — | 6 | 0.17 | 0.17 | — | — | — | 12.07 | 1.43 | 7 | 0.118 | 0.048 | — | 8 | 232 | 3 | |||||||||||||||||||
12-31-2017 | 9.85 | 0.14 | 2.11 | 2.25 | (0.14 | ) | (0.06 | ) | (0.20 | ) | 11.90 | 22.88 | 0.11 | 0.04 | 1.25 | 227 | 15 | |||||||||||||||||||
12-31-2016 | 9.91 | 0.14 | 0.06 | 0.20 | (0.15 | ) | (0.11 | ) | (0.26 | ) | 9.85 | 1.90 | 0.10 | 0.05 | 1.46 | 194 | 55 | |||||||||||||||||||
12-31-2015 | 10.76 | 0.13 | (0.76 | ) | (0.63 | ) | (0.13 | ) | (0.09 | ) | (0.22 | ) | 9.91 | (5.79 | ) | 0.08 | 0.05 | 1.21 | 201 | 16 | ||||||||||||||||
12-31-2014 | 10.91 | 0.13 | 0.05 | 0.18 | (0.13 | ) | (0.20 | ) | (0.33 | ) | 10.76 | 1.54 | 0.08 | 0.05 | 1.15 | 210 | 31 | |||||||||||||||||||
12-31-2013 | 8.81 | 0.12 | 2.24 | 2.36 | (0.12 | ) | (0.14 | ) | (0.26 | ) | 10.91 | 26.77 | 0.08 | 0.07 | 1.17 | 196 | 21 | |||||||||||||||||||
1. Based on average daily shares outstanding. 2. Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 3. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 4. Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.35% – 1.07%, 0.35% – 1.09%, 0.53% – 1.16%, 0.53% – 1.08%, 0.52% – 1.08% and 0.69% – 1.12% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 5. Six months ended 6-30-18. Unaudited. 6. Less than $0.005 per share. 7. Not annualized. 8. Annualized. | ||||||||||||||||||||||||||||||||||||
Managed Volatility Growth Portfolio | ||||||||||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 14.55 | — | 6 | 0.08 | 0.08 | — | — | — | 14.63 | 0.55 | 7 | 0.138 | 0.098 | (0.03 | )8 | 676 | 2 | |||||||||||||||||||
12-31-2017 | 12.99 | 0.23 | 2.14 | 2.37 | (0.24 | ) | (0.57 | ) | (0.81 | ) | 14.55 | 18.59 | 0.13 | 0.09 | 1.67 | 709 | 9 | |||||||||||||||||||
12-31-2016 | 13.17 | 0.22 | 0.23 | 0.45 | (0.23 | ) | (0.40 | ) | (0.63 | ) | 12.99 | 3.34 | 0.12 | 0.10 | 1.72 | 676 | 26 | |||||||||||||||||||
12-31-2015 | 14.13 | 0.23 | (0.88 | ) | (0.65 | ) | (0.24 | ) | (0.07 | ) | (0.31 | ) | 13.17 | (4.53 | ) | 0.12 | 0.10 | 1.66 | 722 | 9 | ||||||||||||||||
12-31-2014 | 14.23 | 0.25 | 0.06 | 0.31 | (0.26 | ) | (0.15 | ) | (0.41 | ) | 14.13 | 2.16 | 0.12 | 0.10 | 1.73 | 839 | 18 | |||||||||||||||||||
12-31-2013 | 12.21 | 0.23 | 2.13 | 2.36 | (0.24 | ) | (0.10 | ) | (0.34 | ) | 14.23 | 19.34 | 0.11 | 0.11 | 1.73 | 917 | 11 | |||||||||||||||||||
Series II | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 14.51 | (0.02 | ) | 0.08 | 0.06 | — | — | — | 14.57 | 0.48 | 7 | 0.338 | 0.298 | (0.23 | )8 | 8,002 | 2 | |||||||||||||||||||
12-31-2017 | 12.95 | 0.20 | 2.14 | 2.34 | (0.21 | ) | (0.57 | ) | (0.78 | ) | 14.51 | 18.35 | 0.33 | 0.29 | 1.46 | 8,532 | 9 | |||||||||||||||||||
12-31-2016 | 13.14 | 0.19 | 0.22 | 0.41 | (0.20 | ) | (0.40 | ) | (0.60 | ) | 12.95 | 3.15 | 0.32 | 0.30 | 1.49 | 8,177 | 26 | |||||||||||||||||||
12-31-2015 | 14.10 | 0.20 | (0.88 | ) | (0.68 | ) | (0.21 | ) | (0.07 | ) | (0.28 | ) | 13.14 | (4.81 | ) | 0.32 | 0.30 | 1.43 | 9,102 | 9 | ||||||||||||||||
12-31-2014 | 14.19 | 0.21 | 0.08 | 0.29 | (0.23 | ) | (0.15 | ) | (0.38 | ) | 14.10 | 2.04 | 0.32 | 0.30 | 1.47 | 11,165 | 18 | |||||||||||||||||||
12-31-2013 | 12.18 | 0.20 | 2.12 | 2.32 | (0.21 | ) | (0.10 | ) | (0.31 | ) | 14.19 | 19.09 | 0.31 | 0.31 | 1.50 | 14,027 | 11 | |||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 14.57 | — | 6 | 0.08 | 0.08 | — | — | — | 14.65 | 0.55 | 7 | 0.088 | 0.048 | 0.02 | 8 | 775 | 2 | |||||||||||||||||||
12-31-2017 | 13.00 | 0.25 | 2.14 | 2.39 | (0.25 | ) | (0.57 | ) | (0.82 | ) | 14.57 | 18.71 | 0.08 | 0.04 | 1.77 | 778 | 9 | |||||||||||||||||||
12-31-2016 | 13.19 | 0.24 | 0.21 | 0.45 | (0.24 | ) | (0.40 | ) | (0.64 | ) | 13.00 | 3.38 | 0.07 | 0.05 | 1.81 | 677 | 26 | |||||||||||||||||||
12-31-2015 | 14.15 | 0.25 | (0.89 | ) | (0.64 | ) | (0.25 | ) | (0.07 | ) | (0.32 | ) | 13.19 | (4.55 | ) | 0.07 | 0.05 | 1.79 | 673 | 9 | ||||||||||||||||
12-31-2014 | 14.24 | 0.27 | 0.06 | 0.33 | (0.27 | ) | (0.15 | ) | (0.42 | ) | 14.15 | 2.28 | 0.07 | 0.05 | 1.86 | 703 | 18 | |||||||||||||||||||
12-31-2013 | 12.22 | 0.25 | 2.11 | 2.36 | (0.24 | ) | (0.10 | ) | (0.34 | ) | 14.24 | 19.38 | 0.06 | 0.06 | 1.87 | 670 | 11 | |||||||||||||||||||
1. Based on average daily shares outstanding. 2. Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 3. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 4. Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.35% – 1.07%, 0.35% – 1.09%, 0.53% – 1.16%, 0.53% – 1.09%, 0.52% – 1.09% and 0.50% – 1.10% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 5. Six months ended 6-30-18. Unaudited. 6. Less than $0.005 per share. 7. Not annualized. 8. Annualized. |
The accompanying notes are an integral part of the financial statements. | 15 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||
Income (loss) from | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net real- ized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reduc- tions (%)4 | Expenses including reduc- tions (%)4 | Net invest- ment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||||
Managed Volatility Balanced Portfolio | ||||||||||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.96 | — | 6 | 0.02 | 0.02 | — | — | — | 12.98 | 0.15 | 7 | 0.138 | 0.098 | (0.02 | )8 | 602 | 1 | |||||||||||||||||||
12-31-2017 | 12.05 | 0.24 | 1.44 | 1.68 | (0.25 | ) | (0.52 | ) | (0.77 | ) | 12.96 | 14.13 | 0.13 | 0.09 | 1.91 | 642 | 7 | |||||||||||||||||||
12-31-2016 | 12.24 | 0.24 | 0.35 | 0.59 | (0.25 | ) | (0.53 | ) | (0.78 | ) | 12.05 | 4.79 | 0.12 | 0.09 | 1.97 | 629 | 17 | |||||||||||||||||||
12-31-2015 | 13.87 | 0.27 | (0.58 | ) | (0.31 | ) | (0.27 | ) | (1.05 | ) | (1.32 | ) | 12.24 | (2.25 | ) | 0.12 | 0.09 | 1.97 | 671 | 9 | ||||||||||||||||
12-31-2014 | 13.69 | 0.29 | 0.30 | 0.59 | (0.31 | ) | (0.10 | ) | (0.41 | ) | 13.87 | 4.29 | 0.11 | 0.10 | 2.05 | 768 | 20 | |||||||||||||||||||
12-31-2013 | 12.48 | 0.26 | 1.33 | 1.59 | (0.27 | ) | (0.11 | ) | (0.38 | ) | 13.69 | 12.78 | 0.11 | 0.11 | 1.98 | 863 | 9 | |||||||||||||||||||
Series II | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.89 | (0.01 | ) | 0.01 | — | — | — | — | 12.89 | 0.08 | 7 | 0.338 | 0.298 | (0.22 | )8 | 5,557 | 1 | |||||||||||||||||||
12-31-2017 | 11.99 | 0.21 | 1.43 | 1.64 | (0.22 | ) | (0.52 | ) | (0.74 | ) | 12.89 | 13.82 | 0.33 | 0.29 | 1.68 | 5,985 | 7 | |||||||||||||||||||
12-31-2016 | 12.18 | 0.21 | 0.35 | 0.56 | (0.22 | ) | (0.53 | ) | (0.75 | ) | 11.99 | 4.61 | 0.32 | 0.29 | 1.75 | 6,054 | 17 | |||||||||||||||||||
12-31-2015 | 13.80 | 0.24 | (0.57 | ) | (0.33 | ) | (0.24 | ) | (1.05 | ) | (1.29 | ) | 12.18 | (2.39 | ) | 0.32 | 0.29 | 1.74 | 6,646 | 9 | ||||||||||||||||
12-31-2014 | 13.63 | 0.25 | 0.30 | 0.55 | (0.28 | ) | (0.10 | ) | (0.38 | ) | 13.80 | 4.03 | 0.31 | 0.30 | 1.80 | 7,970 | 20 | |||||||||||||||||||
12-31-2013 | 12.43 | 0.23 | 1.33 | 1.56 | (0.25 | ) | (0.11 | ) | (0.36 | ) | 13.63 | 12.54 | 0.31 | 0.31 | 1.75 | 9,777 | 9 | |||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.99 | — | 6 | 0.02 | 0.02 | — | — | — | 13.01 | 0.15 | 7 | 0.088 | 0.048 | 0.03 | 8 | 1,235 | 1 | |||||||||||||||||||
12-31-2017 | 12.08 | 0.25 | 1.44 | 1.69 | (0.26 | ) | (0.52 | ) | (0.78 | ) | 12.99 | 14.15 | 0.08 | 0.04 | 1.99 | 1,272 | 7 | |||||||||||||||||||
12-31-2016 | 12.26 | 0.25 | 0.35 | 0.60 | (0.25 | ) | (0.53 | ) | (0.78 | ) | 12.08 | 4.92 | 0.07 | 0.04 | 2.06 | 1,183 | 17 | |||||||||||||||||||
12-31-2015 | 13.89 | 0.28 | (0.58 | ) | (0.30 | ) | (0.28 | ) | (1.05 | ) | (1.33 | ) | 12.26 | (2.20 | ) | 0.07 | 0.04 | 2.06 | 1,192 | 9 | ||||||||||||||||
12-31-2014 | 13.72 | 0.30 | 0.28 | 0.58 | (0.31 | ) | (0.10 | ) | (0.41 | ) | 13.89 | 4.26 | 0.06 | 0.05 | 2.15 | 1,293 | 20 | |||||||||||||||||||
12-31-2013 | 12.50 | 0.28 | 1.33 | 1.61 | (0.28 | ) | (0.11 | ) | (0.39 | ) | 13.72 | 12.90 | 0.06 | 0.06 | 2.07 | 1,344 | 9 | |||||||||||||||||||
1. Based on average daily shares outstanding. 2. Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 3. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 4. Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.35% – 1.07%, 0.35% – 1.09%, 0.53% – 1.16%, 0.53% – 1.09%, 0.52% – 1.09%, and 0.50% – 1.10% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14 and 12-31-13, respectively. 5. Six months ended 6-30-18. Unaudited. 6. Less than $0.005 per share. 7. Not annualized. 8. Annualized. | ||||||||||||||||||||||||||||||||||||
Managed Volatility Moderate Portfolio | ||||||||||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.33 | — | 6 | 0.01 | 0.01 | — | — | — | 12.34 | 0.08 | 7 | 0.138 | 0.098 | (0.02 | )8 | 253 | 1 | |||||||||||||||||||
12-31-2017 | 11.65 | 0.25 | 1.12 | 1.37 | (0.26 | ) | (0.43 | ) | (0.69 | ) | 12.33 | 11.88 | 0.13 | 0.09 | 2.05 | 266 | 9 | |||||||||||||||||||
12-31-2016 | 11.72 | 0.25 | 0.38 | 0.63 | (0.25 | ) | (0.45 | ) | (0.70 | ) | 11.65 | 5.29 | 0.12 | 0.09 | 2.07 | 259 | 13 | |||||||||||||||||||
12-31-2015 | 13.30 | 0.28 | (0.41 | ) | (0.13 | ) | (0.27 | ) | (1.18 | ) | (1.45 | ) | 11.72 | (0.91 | ) | 0.12 | 0.09 | 2.14 | 257 | 10 | ||||||||||||||||
12-31-2014 | 13.68 | 0.31 | 0.37 | 0.68 | (0.32 | ) | (0.74 | ) | (1.06 | ) | 13.30 | 4.94 | 0.12 | 0.10 | 2.24 | 289 | 26 | |||||||||||||||||||
12-31-2013 | 12.78 | 0.29 | 1.02 | 1.31 | (0.30 | ) | (0.11 | ) | (0.41 | ) | 13.68 | 10.22 | 0.11 | 0.11 | 2.14 | 320 | 7 | |||||||||||||||||||
Series II | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.25 | (0.01 | ) | 0.01 | — | — | — | — | 12.25 | 0.00 | 7 | 0.338 | 0.298 | (0.22 | )8 | 1,749 | 1 | |||||||||||||||||||
12-31-2017 | 11.58 | 0.22 | 1.11 | 1.33 | (0.23 | ) | (0.43 | ) | (0.66 | ) | 12.25 | 11.65 | 0.33 | 0.29 | 1.80 | 1,891 | 9 | |||||||||||||||||||
12-31-2016 | 11.65 | 0.22 | 0.38 | 0.60 | (0.22 | ) | (0.45 | ) | (0.67 | ) | 11.58 | 5.12 | 0.32 | 0.29 | 1.83 | 1,966 | 13 | |||||||||||||||||||
12-31-2015 | 13.23 | 0.24 | (0.39 | ) | (0.15 | ) | (0.25 | ) | (1.18 | ) | (1.43 | ) | 11.65 | (1.12 | ) | 0.32 | 0.29 | 1.88 | 2,131 | 10 | ||||||||||||||||
12-31-2014 | 13.62 | 0.27 | 0.37 | 0.64 | (0.29 | ) | (0.74 | ) | (1.03 | ) | 13.23 | 4.68 | 0.32 | 0.30 | 1.98 | 2,513 | 26 | |||||||||||||||||||
12-31-2013 | 12.73 | 0.25 | 1.02 | 1.27 | (0.27 | ) | (0.11 | ) | (0.38 | ) | 13.62 | 9.97 | 0.31 | 0.31 | 1.89 | 3,037 | 7 | |||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 12.34 | — | 6 | 0.01 | 0.01 | — | — | — | 12.35 | 0.08 | 7 | 0.088 | 0.048 | 0.03 | 8 | 134 | 1 | |||||||||||||||||||
12-31-2017 | 11.65 | 0.26 | 1.12 | 1.38 | (0.26 | ) | (0.43 | ) | (0.69 | ) | 12.34 | 12.02 | 0.08 | 0.04 | 2.11 | 134 | 9 | |||||||||||||||||||
12-31-2016 | 11.73 | 0.26 | 0.36 | 0.62 | (0.25 | ) | (0.45 | ) | (0.70 | ) | 11.65 | 5.25 | 0.07 | 0.04 | 2.15 | 116 | 13 | |||||||||||||||||||
12-31-2015 | 13.31 | 0.29 | (0.41 | ) | (0.12 | ) | (0.28 | ) | (1.18 | ) | (1.46 | ) | 11.73 | (0.86 | ) | 0.07 | 0.04 | 2.20 | 112 | 10 | ||||||||||||||||
12-31-2014 | 13.69 | 0.34 | 0.35 | 0.69 | (0.33 | ) | (0.74 | ) | (1.07 | ) | 13.31 | 4.99 | 0.07 | 0.05 | 2.46 | 115 | 26 | |||||||||||||||||||
12-31-2013 | 12.79 | 0.30 | 1.02 | 1.32 | (0.31 | ) | (0.11 | ) | (0.42 | ) | 13.69 | 10.27 | 0.06 | 0.06 | 2.23 | 102 | 7 | |||||||||||||||||||
1. Based on average daily shares outstanding. 2. Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 3. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 4. Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53% – 1.07%, 0.54% – 1.09%, 0.53% – 1.16%, 0.53% – 1.09%, 0.52% – 1.09% and 0.50% – 1.10% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14, and 12-31-13, respectively. 5. Six months ended 6-30-18. Unaudited. 6. Less than $0.005 per share. 7. Not annualized. 8. Annualized. |
The accompanying notes are an integral part of the financial statements. | 16 |
John Hancock Variable Insurance Trust |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||
Income (loss) from | Less distributions | Ratios to average net assets | ||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net real- ized and unreal- ized gain (loss) on invest- ments ($) | Total from invest- ment opera- tions ($) | From net investment income ($) | From net realized gain ($) | Total distribu- tions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reduc- tions (%)4 | Expenses including reduc- tions (%)4 | Net invest- ment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||||||||||||||||||
Managed Volatility Conservative Portfolio | ||||||||||||||||||||||||||||||||||||
Series I | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.48 | — | 6 | (0.08 | ) | (0.08 | ) | — | — | — | 11.40 | (0.70 | )7 | 0.138 | 0.098 | (0.01 | )8 | 170 | —9 | |||||||||||||||||
12-31-2017 | 11.12 | 0.26 | 0.60 | 0.86 | (0.27 | ) | (0.23 | ) | (0.50 | ) | 11.48 | 7.82 | 0.13 | 0.08 | 2.26 | 177 | 8 | |||||||||||||||||||
12-31-2016 | 11.14 | 0.27 | 0.24 | 0.51 | (0.27 | ) | (0.26 | ) | (0.53 | ) | 11.12 | 4.58 | 0.12 | 0.09 | 2.38 | 188 | 11 | |||||||||||||||||||
12-31-2015 | 12.12 | 0.29 | (0.29 | ) | — | (0.28 | ) | (0.70 | ) | (0.98 | ) | 11.14 | 0.05 | 0.12 | 0.09 | 2.42 | 180 | 11 | ||||||||||||||||||
12-31-2014 | 12.58 | 0.32 | 0.31 | 0.63 | (0.33 | ) | (0.76 | ) | (1.09 | ) | 12.12 | 5.02 | 0.12 | 0.10 | 2.50 | 191 | 33 | |||||||||||||||||||
12-31-2013 | 12.96 | 0.29 | 0.21 | 0.50 | (0.35 | ) | (0.53 | ) | (0.88 | ) | 12.58 | 3.88 | 0.11 | 0.11 | 2.24 | 218 | 5 | |||||||||||||||||||
Series II | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.40 | (0.01 | ) | (0.09 | ) | (0.10 | ) | — | — | — | 11.30 | (0.88 | )7 | 0.338 | 0.298 | (0.21 | )8 | 1,006 | —9 | |||||||||||||||||
12-31-2017 | 11.04 | 0.23 | 0.61 | 0.84 | (0.25 | ) | (0.23 | ) | (0.48 | ) | 11.40 | 7.67 | 0.33 | 0.28 | 2.03 | 1,112 | 8 | |||||||||||||||||||
12-31-2016 | 11.07 | 0.24 | 0.24 | 0.48 | (0.25 | ) | (0.26 | ) | (0.51 | ) | 11.04 | 4.31 | 0.32 | 0.29 | 2.10 | 1,236 | 11 | |||||||||||||||||||
12-31-2015 | 12.05 | 0.25 | (0.27 | ) | (0.02 | ) | (0.26 | ) | (0.70 | ) | (0.96 | ) | 11.07 | (0.15 | ) | 0.32 | 0.29 | 2.13 | 1,344 | 11 | ||||||||||||||||
12-31-2014 | 12.51 | 0.29 | 0.32 | 0.61 | (0.31 | ) | (0.76 | ) | (1.07 | ) | 12.05 | 4.84 | 0.32 | 0.30 | 2.25 | 1,583 | 33 | |||||||||||||||||||
12-31-2013 | 12.89 | 0.26 | 0.22 | 0.48 | (0.33 | ) | (0.53 | ) | (0.86 | ) | 12.51 | 3.69 | 0.31 | 0.31 | 1.99 | 2,014 | 5 | |||||||||||||||||||
Series NAV | ||||||||||||||||||||||||||||||||||||
6-30-20185 | 11.51 | — | 6 | (0.08 | ) | (0.08 | ) | — | — | — | 11.43 | (0.70 | )7 | 0.088 | 0.048 | 0.04 | 8 | 52 | —9 | |||||||||||||||||
12-31-2017 | 11.14 | 0.32 | 0.56 | 0.88 | (0.28 | ) | (0.23 | ) | (0.51 | ) | 11.51 | 7.94 | 0.08 | 0.03 | 2.73 | 64 | 8 | |||||||||||||||||||
12-31-2016 | 11.17 | 0.28 | 0.23 | 0.51 | (0.28 | ) | (0.26 | ) | (0.54 | ) | 11.14 | 4.53 | 0.07 | 0.04 | 2.42 | 50 | 11 | |||||||||||||||||||
12-31-2015 | 12.14 | 0.30 | (0.28 | ) | 0.02 | (0.29 | ) | (0.70 | ) | (0.99 | ) | 11.17 | 0.18 | 0.07 | 0.04 | 2.45 | 48 | 11 | ||||||||||||||||||
12-31-2014 | 12.61 | 0.35 | 0.28 | 0.63 | (0.34 | ) | (0.76 | ) | (1.10 | ) | 12.14 | 4.97 | 0.07 | 0.05 | 2.71 | 50 | 33 | |||||||||||||||||||
12-31-2013 | 12.98 | 0.33 | 0.19 | 0.52 | (0.36 | ) | (0.53 | ) | (0.89 | ) | 12.61 | 4.00 | 0.06 | 0.06 | 2.50 | 48 | 5 | |||||||||||||||||||
1. Based on average daily shares outstanding. 2. Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. 3. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 4. Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. The range of expense ratios of the underlying funds held by the portfolio was as follows: 0.53% – 1.07%, 0.54% – 1.09%, 0.53% – 1.16%, 0.53% – 1.09%, 0.52% – 1.09%, and 0.50% – 1.10% for the periods ended 6-30-18, 12-31-17, 12-31-16, 12-31-15, 12-31-14, and 12-31-13, respectively. 5. Six months ended 6-30-18. Unaudited. 6. Less than $0.005 per share. 7. Not annualized. 8. Annualized. 9. Less than 1%. |
The accompanying notes are an integral part of the financial statements. | 17 |
To seek long term growth of capital while seeking to both manage the volatility of return and limit the magnitude of portfolio losses.
To seek long term growth of capital while seeking to both manage the volatility of return and limit the magnitude of portfolio losses.
To seek growth of capital and current income while seeking to both manage the volatility of return and limit the magnitude of portfolio losses.
To seek current income and growth of capital while seeking to both manage the volatility of return and limit the magnitude of portfolio losses.
To seek current income and growth of capital while seeking to both manage the volatility of return and limit the magnitude of portfolio losses.
| Total Value at 6-30-18 | | Level 1 Quoted Price | | Level 2 Significant Observable Inputs | | Level 3 Significant Unobservable Inputs | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 384,698,587 | $ | 384,698,587 | — | — | |||||||||||||
Short-term investments | 2,884,139 | 62,256 | $ | 2,821,883 | — | ||||||||||||||
Total investments in securities | $ | 387,582,726 | $ | 384,760,843 | $ | 2,821,883 | — | ||||||||||||
Managed Volatility Growth Portfolio | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 9,359,074,190 | $ | 9,359,074,190 | — | — | |||||||||||||
Short-term investments | 57,815,764 | 1,182,898 | $ | 56,632,866 | — | ||||||||||||||
Total investments in securities | $ | 9,416,889,954 | $ | 9,360,257,088 | $ | 56,632,866 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($19,666,996 | ) | ($19,555,920 | ) | ($111,076 | ) | — | ||||||||||||
Managed Volatility Balanced Portfolio | |||||||||||||||||||
Investments in securities: | �� | ||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 7,326,199,096 | $ | 7,326,199,096 | — | — | |||||||||||||
Short-term investments | 48,067,356 | 947,557 | $ | 47,119,799 | — | ||||||||||||||
Total investments in securities | $ | 7,374,266,452 | $ | 7,327,146,653 | $ | 47,119,799 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($10,989,998 | ) | ($10,857,687 | ) | ($132,311 | ) | — | ||||||||||||
Managed Volatility Moderate Portfolio | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 2,116,347,099 | $ | 2,116,347,099 | — | — | |||||||||||||
Short-term investments | 14,109,625 | 189,754 | $ | 13,919,871 | — | ||||||||||||||
Total investments in securities | $ | 2,130,456,724 | $ | 2,116,536,853 | $ | 13,919,871 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($2,351,619 | ) | ($2,326,177 | ) | ($25,442 | ) | — | ||||||||||||
Managed Volatility Conservative Portfolio | |||||||||||||||||||
Investments in securities: | |||||||||||||||||||
Assets | |||||||||||||||||||
Affiliated investment companies | $ | 1,217,499,047 | $ | 1,217,499,047 | — | — | |||||||||||||
Short-term investments | 9,279,672 | 175,980 | $ | 9,103,692 | — | ||||||||||||||
Total investments in securities | $ | 1,226,778,719 | $ | 1,217,675,027 | $ | 9,103,692 | — | ||||||||||||
Derivatives: | |||||||||||||||||||
Liabilities | |||||||||||||||||||
Futures | ($700,812 | ) | ($691,653 | ) | ($9,159 | ) | — |
Portfolio | | Commitment Fee | ||||
---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | $ | 1,215 | ||||
Managed Volatility Growth Portfolio | 7,576 | |||||
Managed Volatility Balanced Portfolio | 6,228 | |||||
Managed Volatility Moderate Portfolio | 2,497 | |||||
Managed Volatility Conservative Portfolio | 1,876 |
Portfolio | | Aggregate cost | | Unrealized appreciation | | Unrealized (depreciation) | | Net unrealized appreciation/ (depreciation) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | $ | 346,311,239 | $ | 42,478,023 | ($1,206,536 | ) | $ | 41,271,487 | ||||||||||
Managed Volatility Growth Portfolio | 8,350,505,321 | 1,199,944,550 | (153,226,913 | ) | 1,046,717,637 | |||||||||||||
Managed Volatility Balanced Portfolio | 6,909,775,693 | 642,707,022 | (189,206,261 | ) | 453,500,761 | |||||||||||||
Managed Volatility Moderate Portfolio | 2,052,278,874 | 141,783,424 | (65,957,193 | ) | 75,826,231 | |||||||||||||
Managed Volatility Conservative Portfolio | 1,249,544,186 | 33,410,322 | (56,876,601 | ) | (23,466,279 | ) |
Fund | | Reason | | USD Notional range | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | To manage volatility of returns | up to $23.2 million | ||||||||
Managed Volatility Growth Portfolio | To manage volatility of returns | $35.1 million to $902.2 million | ||||||||
Managed Volatility Balanced Portfolio | To manage volatility of returns | $453.6 million to $511.8 million | ||||||||
Managed Volatility Moderate Portfolio | To manage volatility of returns | $102.7 million to $119.5 million | ||||||||
Managed Volatility Conservative Portfolio | To manage volatility of returns | $31.8 million to $42.1 million |
Portfolio | | Risk | | Statements of assets and liabilities location | | Financial Instruments Location | | Asset Derivatives Fair Value | | Liability Derivatives Fair Value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Growth Portfolio | Equity | Receivable/payable for futures | Futures† | — | $ | 18,129,869 | ||||||||||||||||
Foreign | Receivable/payable for futures | Futures† | — | 1,537,127 | ||||||||||||||||||
Total | — | $ | 19,666,996 | |||||||||||||||||||
Managed Volatility Balanced Portfolio | Equity | Receivable/payable for futures | Futures† | — | $ | 10,145,031 | ||||||||||||||||
Foreign | Receivable/payable for futures | Futures† | — | 844,967 | ||||||||||||||||||
Total | — | $ | 10,989,998 | |||||||||||||||||||
Managed Volatility Moderate Portfolio | Equity | Receivable/payable for futures | Futures† | — | $ | 2,147,953 | ||||||||||||||||
Foreign | Receivable/payable for futures | Futures† | — | 203,666 | ||||||||||||||||||
Total | — | $ | 2,351,619 | |||||||||||||||||||
Managed Volatility Conservative Portfolio | Equity | Receivable/payable for futures | Futures† | — | $ | 647,423 | ||||||||||||||||
Foreign | Receivable/payable for futures | Futures† | — | 53,389 | ||||||||||||||||||
Total | — | $ | 700,812 |
† | Reflects cumulative appreciation/depreciation on futures as disclosed in the Portfolio of Investments. Only the period end variation margin is separately disclosed in the Statements of assets and liabilities. |
Statements of Operations Location — Net Realized Gain (Loss) on: | | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Risk | | | Futures Contracts | |||||
Managed Volatility Aggressive Portfolio | Equity | ($950,293 | ) | |||||||
Foreign | — | |||||||||
Total | ($950,293 | ) | ||||||||
Managed Volatility Growth Portfolio | Equity | $19,892,895 | ||||||||
Foreign | 6,164,274 | |||||||||
Total | $26,057,169 | |||||||||
Managed Volatility Balanced Portfolio | Equity | $16,408,049 | ||||||||
Foreign | 770,560 | |||||||||
Total | $17,178,609 | |||||||||
Managed Volatility Moderate Portfolio | Equity | 6,143,928 | ||||||||
Foreign | (63,360 | ) | ||||||||
Total | $6,080,568 | |||||||||
Managed Volatility Conservative Portfolio | Equity | $1,917,696 | ||||||||
Foreign | 356 | |||||||||
Total | $1,918,052 |
Statements of Operations Location — Change in Unrealized Appreciation (Depreciation) of: | | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Fund | | Risk | | | Futures Contracts | |||||
Managed Volatility Growth Portfolio | Equity | ($32,094,599 | ) | |||||||
Foreign | (2,759,563 | ) | ||||||||
Total | ($34,854,162 | ) | ||||||||
Managed Volatility Balanced Portfolio | Equity | ($17,812,596 | ) | |||||||
Foreign | (1,508,406 | ) | ||||||||
Total | ($19,321,002 | ) | ||||||||
Managed Volatility Moderate Portfolio | Equity | ($3,671,248 | ) | |||||||
Foreign | (337,416 | ) | ||||||||
Total | ($4,008,664 | ) |
Statements of Operations Location — Change in Unrealized Appreciation (Depreciation) of: | | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Fund | | Risk | | | Futures Contracts | |||||
Managed Volatility Conservative Portfolio | Equity | ($1,039,097 | ) | |||||||
Foreign | (96,057 | ) | ||||||||
Total | ($1,135,154 | ) |
| First $7.5 billion of aggregate net assets | | Excess over $7.5 billion of aggregate net assets | |||||||
---|---|---|---|---|---|---|---|---|---|---|
Affiliated funds assets | 0.05% (on an annualized basis) | 0.04% (on an annualized basis) | ||||||||
Other assets | 0.50% (on an annualized basis) | 0.49% (on an annualized basis) |
Expense Reimbursement by Class | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Series I | | Series II | | Series NAV | | Total | |||||||||||
Managed Volatility Aggressive Portfolio | $ | 27,177 | $ | 29,588 | $ | 80,726 | $ | 137,491 | |||||||||||
Managed Volatility Growth Portfolio | 146,089 | 1,746,692 | 164,006 | 2,056,787 | |||||||||||||||
Managed Volatility Balanced Portfolio | 127,085 | 1,182,937 | 257,055 | 1,567,077 | |||||||||||||||
Managed Volatility Moderate Portfolio | 51,328 | 358,783 | 26,419 | 436,530 | |||||||||||||||
Managed Volatility Conservative Portfolio | 36,905 | 224,367 | 12,442 | 273,714 |
Portfolio | | Annual Effective Rate | ||||
---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | 0.00 | % | ||||
Managed Volatility Growth Portfolio | 0.02 | % | ||||
Managed Volatility Balanced Portfolio | 0.02 | % | ||||
Managed Volatility Moderate Portfolio | 0.02 | % | ||||
Managed Volatility Conservative Portfolio | 0.01 | % |
lios. The portfolios may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the portfolios’ shares:
Class | | Rule 12b-1 Fee | ||||
---|---|---|---|---|---|---|
Series I | 0.15 | % | ||||
Series II | 0.35 | % |
Distribution and service fees by Class | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Series I | | Series II | | Total | |||||||||
Managed Volatility Aggressive Portfolio | $ | 19,450 | $ | 105,905 | $ | 125,355 | |||||||||
Managed Volatility Growth Portfolio | 173,040 | 10,345,674 | 10,518,714 | ||||||||||||
Managed Volatility Balanced Portfolio | 154,281 | 7,179,749 | 7,334,030 | ||||||||||||
Managed Volatility Moderate Portfolio | 64,603 | 2,258,727 | 2,323,330 | ||||||||||||
Managed Volatility Conservative Portfolio | 42,842 | 1,303,633 | 1,346,475 |
Managed Volatility Aggressive Portfolio | Six Months Ended 6-30-18 | Year Ended 12-31-17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 55,231 | $ | 672,832 | 177,509 | $ | 1,942,029 | |||||||||||||
Distributions reinvested | — | — | 110,041 | 1,310,584 | |||||||||||||||
Repurchased | (596,191 | ) | (7,298,603 | ) | (1,272,160 | ) | (13,833,153 | ) | |||||||||||
Net decrease | (540,960 | ) | $ | (6,625,771 | ) | (984,610 | ) | $ | (10,580,540 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 58,837 | $ | 724,636 | 109,377 | $ | 1,167,058 | |||||||||||||
Distributions reinvested | — | — | 108,034 | 1,282,364 | |||||||||||||||
Repurchased | (717,924 | ) | (8,679,428 | ) | (1,668,192 | ) | (18,021,677 | ) | |||||||||||
Net decrease | (659,087 | ) | $ | (7,954,792 | ) | (1,450,781 | ) | $ | (15,572,255 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 554,742 | $ | 6,729,453 | 912,068 | $ | 10,124,018 | |||||||||||||
Distributions reinvested | — | — | 320,044 | 3,811,723 | |||||||||||||||
Repurchased | (392,848 | ) | (4,804,622 | ) | (1,830,655 | ) | (19,826,201 | ) | |||||||||||
Net increase (decrease) | 161,894 | $ | 1,924,831 | (598,543 | ) | $ | (5,890,460 | ) | |||||||||||
Total net decrease | (1,038,153 | ) | $ | (12,655,732 | ) | (3,033,934 | ) | $ | (32,043,255 | ) | |||||||||
Managed Volatility Growth Portfolio | Six Months Ended 6-30-18 | Year Ended 12-31-17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 302,796 | $ | 4,409,789 | 367,201 | $ | 5,151,084 | |||||||||||||
Distributions reinvested | — | — | 2,782,122 | 39,174,035 | |||||||||||||||
Repurchased | (2,856,551 | ) | (41,994,372 | ) | (6,427,462 | ) | (89,958,828 | ) | |||||||||||
Net decrease | (2,553,755 | ) | $ | (37,584,583 | ) | (3,278,139 | ) | $ | (45,633,709 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 2,091 | $ | 30,105 | 329,315 | $ | 4,795,729 | |||||||||||||
Distributions reinvested | — | — | 32,708,353 | 458,228,261 | |||||||||||||||
Repurchased | (38,940,670 | ) | (570,993,693 | ) | (76,128,471 | ) | (1,065,214,635 | ) | |||||||||||
Net decrease | (38,938,579 | ) | $ | (570,963,588 | ) | (43,090,803 | ) | $ | (602,190,645 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 696,183 | $ | 10,248,610 | 2,024,786 | $ | 28,553,139 | |||||||||||||
Distributions reinvested | — | — | 2,985,882 | 42,133,102 | |||||||||||||||
Repurchased | (1,178,554 | ) | (17,389,944 | ) | (3,710,605 | ) | (51,760,714 | ) | |||||||||||
Net increase (decrease) | (482,371 | ) | $ | (7,141,334 | ) | 1,300,063 | $ | 18,925,527 | |||||||||||
Total net decrease | (41,974,705 | ) | $ | (615,689,505 | ) | (45,068,879 | ) | $ | (628,898,827 | ) |
Managed Volatility Balanced Portfolio | Six Months Ended 6-30-18 | Year Ended 12-31-17 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 252,437 | $ | 3,269,114 | 725,765 | $ | 9,337,882 | |||||||||||||
Distributions reinvested | — | — | 2,919,279 | 37,155,281 | |||||||||||||||
Repurchased | (3,370,250 | ) | (44,019,955 | ) | (6,254,133 | ) | (79,578,819 | ) | |||||||||||
Net decrease | (3,117,813 | ) | $ | (40,750,841 | ) | (2,609,089 | ) | $ | (33,085,656 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 1,109 | $ | 14,134 | 120,719 | $ | 1,533,677 | |||||||||||||
Distributions reinvested | — | — | 26,977,623 | 340,764,958 | |||||||||||||||
Repurchased | (33,316,705 | ) | (431,215,700 | ) | (67,554,573 | ) | (856,271,036 | ) | |||||||||||
Net decrease | (33,315,596 | ) | $ | (431,201,566 | ) | (40,456,231 | ) | $ | (513,972,401 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 158,290 | $ | 2,081,147 | 7,537,811 | $ | 98,022,854 | |||||||||||||
Distributions reinvested | — | — | 5,749,524 | 73,367,247 | |||||||||||||||
Repurchased | (3,153,364 | ) | (41,127,128 | ) | (13,373,152 | ) | (172,598,862 | ) | |||||||||||
Net decrease | (2,995,074 | ) | $ | (39,045,981 | ) | (85,817 | ) | $ | (1,208,761 | ) | |||||||||
Total net decrease | (39,428,483 | ) | $ | (510,998,388 | ) | (43,151,137 | ) | $ | (548,266,818 | ) | |||||||||
Managed Volatility Moderate Portfolio | Six Months Ended 6-30-18 | Year Ended 12-31-17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 294,757 | $ | 3,631,755 | 687,161 | $ | 8,396,863 | |||||||||||||
Distributions reinvested | — | — | 1,191,584 | 14,542,420 | |||||||||||||||
Repurchased | (1,316,177 | ) | (16,231,878 | ) | (2,569,384 | ) | (31,387,731 | ) | |||||||||||
Net decrease | (1,021,420 | ) | $ | (12,600,123 | ) | (690,639 | ) | $ | (8,448,448 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 54,879 | $ | 676,745 | 290,204 | $ | 3,511,427 | |||||||||||||
Distributions reinvested | — | — | 8,397,709 | 101,712,257 | |||||||||||||||
Repurchased | (11,553,956 | ) | (141,691,235 | ) | (24,262,354 | ) | (294,682,010 | ) | |||||||||||
Net decrease | (11,499,077 | ) | $ | (141,014,490 | ) | (15,574,441 | ) | $ | (189,458,326 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 295,020 | $ | 3,647,708 | 1,246,291 | $ | 15,455,495 | |||||||||||||
Distributions reinvested | — | — | 566,117 | 6,918,731 | |||||||||||||||
Repurchased | (308,733 | ) | (3,835,229 | ) | (942,410 | ) | (11,553,598 | ) | |||||||||||
Net increase (decrease) | (13,713 | ) | $ | (187,521 | ) | 869,998 | $ | 10,820,628 | |||||||||||
Total net decrease | (12,534,210 | ) | $ | (153,802,134 | ) | (15,395,082 | ) | $ | (187,086,146 | ) | |||||||||
Managed Volatility Conservative Portfolio | Six Months Ended 6-30-18 | Year Ended 12-31-17 | |||||||||||||||||
Shares | Amount | Shares | Amount | ||||||||||||||||
Series I shares | |||||||||||||||||||
Sold | 620,133 | $ | 7,067,402 | 894,275 | $ | 10,323,388 | |||||||||||||
Distributions reinvested | — | — | 668,809 | 7,689,297 | |||||||||||||||
Repurchased | (1,197,795 | ) | (13,649,136 | ) | (3,052,057 | ) | (35,096,660 | ) | |||||||||||
Net decrease | (577,662 | ) | $ | (6,581,734 | ) | (1,488,973 | ) | $ | (17,083,975 | ) | |||||||||
Series II shares | |||||||||||||||||||
Sold | 76,843 | $ | 866,543 | 217,216 | $ | 2,499,426 | |||||||||||||
Distributions reinvested | — | — | 4,090,932 | 46,673,256 | |||||||||||||||
Repurchased | (8,613,881 | ) | (97,613,707 | ) | (18,759,910 | ) | (214,030,818 | ) | |||||||||||
Net decrease | (8,537,038 | ) | $ | (96,747,164 | ) | (14,451,762 | ) | $ | (164,858,136 | ) | |||||||||
Series NAV shares | |||||||||||||||||||
Sold | 189,690 | $ | 2,175,626 | 1,793,045 | $ | 20,926,911 | |||||||||||||
Distributions reinvested | — | — | 216,247 | 2,491,997 | |||||||||||||||
Repurchased | (1,196,953 | ) | (13,622,632 | ) | (861,621 | ) | (9,933,523 | ) | |||||||||||
Net increase (decrease) | (1,007,263 | ) | $ | (11,447,006 | ) | 1,147,671 | $ | 13,485,385 | |||||||||||
Total net decrease | (10,121,963 | ) | $ | (114,775,904 | ) | (14,793,064 | ) | $ | (168,456,726 | ) |
Portfolio | | Purchases | | Sales | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | $ | 13,065,561 | $ | 24,491,878 | ||||||
Managed Volatility Growth Portfolio | 167,319,159 | 744,782,243 | ||||||||
Managed Volatility Balanced Portfolio | 101,566,899 | 581,442,059 | ||||||||
Managed Volatility Moderate Portfolio | 19,941,905 | 162,652,897 | ||||||||
Managed Volatility Conservative Portfolio | 5,199,524 | 117,759,324 |
Portfolio | | Affiliated Class NAV | | Percent of Underlying Funds’ Net Assets | | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio | |||||||||||
International Growth Stock Trust | 5.37 | % | |||||||||
Managed Volatility Growth Portfolio | |||||||||||
Fundamental Large Cap Value Fund | 49.15 | % | |||||||||
International Growth Stock Trust | 48.58 | % | |||||||||
Emerging Markets Value Trust | 40.02 | % | |||||||||
Global Conservative Absolute Return Fund | 37.79 | % | |||||||||
International Value Trust | 33.41 | % | |||||||||
New Income Trust | 31.62 | % | |||||||||
Strategic Equity Allocation Portfolio | 29.40 | % | |||||||||
Equity Income Trust | 26.41 | % | |||||||||
Small Company Value Trust | 25.69 | % | |||||||||
Capital Appreciation Trust | 25.43 | % | |||||||||
Managed Volatility Growth Portfolio (continued) | |||||||||||
Multifactor Large Cap ETF | 23.29 | % | |||||||||
Mid Value Trust | 22.00 | % | |||||||||
Mid Cap Stock Trust | 20.94 | % | |||||||||
Core Bond Trust | 20.92 | % | |||||||||
Global Bond Trust | 19.81 | % | |||||||||
Select Bond Trust | 19.06 | % | |||||||||
Small Cap Growth Fund | 18.95 | % | |||||||||
Small Cap Stock Trust | 16.99 | % | |||||||||
Blue Chip Growth Trust | 15.28 | % | |||||||||
Strategic Growth Fund | 14.77 | % | |||||||||
Multifactor Mid Cap ETF | 13.46 | % | |||||||||
Small Cap Value Trust | 11.89 | % | |||||||||
Emerging Markets Equity Fund | 11.76 | % | |||||||||
Short Term Government Income Trust | 11.52 | % | |||||||||
Total Return Fund | 9.11 | % | |||||||||
International Value Equity Fund | 5.04 | % | |||||||||
Managed Volatility Balanced Portfolio | |||||||||||
New Income Trust | 42.34 | % | |||||||||
Global Conservative Absolute Return Fund | 35.45 | % | |||||||||
Fundamental Large Cap Value Fund | 31.97 | % | |||||||||
Core Bond Trust | 28.01 | % | |||||||||
Global Bond Trust | 26.50 | % | |||||||||
Managed Volatility Balanced Portfolio (continued) | |||||||||||
Select Bond Trust | 25.50 | % | |||||||||
International Growth Stock Trust | 22.10 | % | |||||||||
Emerging Markets Value Trust | 19.07 | % | |||||||||
John Hancock Multifactor Large Cap ETF | 17.89 | % | |||||||||
Short Term Government Income Trust | 17.71 | % | |||||||||
International Value Trust | 17.22 | % | |||||||||
Equity Income Trust | 17.17 | % | |||||||||
Capital Appreciation Trust | 16.40 | % | |||||||||
Strategic Equity Allocation Portfolio | 15.73 | % | |||||||||
Small Company Value Trust | 14.22 | % | |||||||||
Total Return Fund | 12.17 | % | |||||||||
John Hancock Multifactor Mid Cap | 10.38 | % | |||||||||
Small Cap Growth Fund | 10.25 | % | |||||||||
Blue Chip Growth Trust | 9.86 | % | |||||||||
Mid Value Trust | 9.83 | % | |||||||||
Small Cap Stock Trust | 9.68 | % | |||||||||
Mid Cap Stock Trust | 9.67 | % | |||||||||
Strategic Growth Fund | 9.52 | % | |||||||||
Small Cap Value Trust | 6.61 | % | |||||||||
Emerging Markets Equity Fund | 5.16 | % | |||||||||
Managed Volatility Moderate Portfolio | |||||||||||
New Income Trust | 14.75 | % | |||||||||
Global Conservative Absolute Return Fund | 13.67 | % | |||||||||
Core Bond Trust | 9.75 | % | |||||||||
Global Bond Trust | 9.23 | % | |||||||||
Select Bond Trust | 8.88 | % | |||||||||
Fundamental Large Cap Value Fund | 8.26 | % | |||||||||
Short Term Government Income Trust | 5.77 | % | |||||||||
Managed Volatility Conservative Portfolio | |||||||||||
New Income Trust | 11.29 | % | |||||||||
Global Conservative Absolute Return Fund | 9.76 | % | |||||||||
Core Bond Trust | 7.46 | % | |||||||||
Global Bond Trust | 7.31 | % | |||||||||
Select Bond Trust | 6.80 | % |
Dividends and distributions | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Beginning share amount | | Shares purchased | | Shares sold | | Ending share amount | | Income distributions received | | Capital gain distributions received | | Realized gain (loss) | | Change in unrealized appreciation (depreciation) | | Ending value | |||||||||||||||||||||
Managed Volatility Aggressive Portfolio | |||||||||||||||||||||||||||||||||||||||
Alpha Opportunities | 550,230 | 64,092 | (614,322 | ) | — | $ | 7,183 | $ | 552,981 | ($654,196 | ) | $ | 27,911 | — | |||||||||||||||||||||||||
Blue Chip Growth | 684,671 | 7,108 | (64,278 | ) | 627,501 | — | — | 1,033,011 | 1,734,936 | $ | 24,491,361 | ||||||||||||||||||||||||||||
Capital Appreciation | 1,579,058 | 17,469 | (136,576 | ) | 1,459,951 | — | — | 690,221 | 1,844,172 | 23,797,197 | |||||||||||||||||||||||||||||
Emerging Markets Equity | 631,165 | 230,853 | (34,857 | ) | 827,161 | — | — | 139,605 | (585,366 | ) | 9,470,990 | ||||||||||||||||||||||||||||
Emerging Markets Value | 2,164,722 | 91,233 | (133,450 | ) | 2,122,505 | — | — | 112,757 | (1,660,461 | ) | 20,864,227 | ||||||||||||||||||||||||||||
Equity Income | 2,239,460 | — | (3,812 | ) | 2,235,648 | — | — | 10,902 | (167,969 | ) | 38,788,493 | ||||||||||||||||||||||||||||
Fundamental Large Cap Value | 2,212,978 | 16,290 | (1,117 | ) | 2,228,151 | — | — | 2,816 | (1,020,304 | ) | 31,171,852 | ||||||||||||||||||||||||||||
International Growth | 500,878 | — | (23,464 | ) | 477,414 | — | — | 195,551 | 71,794 | 13,443,973 | |||||||||||||||||||||||||||||
International Growth Stock | 1,126,334 | 1,488 | (6,818 | ) | 1,121,004 | — | — | 28,296 | (1,263,025 | ) | 19,572,730 | ||||||||||||||||||||||||||||
International Value | 1,742,082 | 10,681 | (39,083 | ) | 1,713,680 | — | — | 231,045 | (1,051,387 | ) | 23,528,825 | ||||||||||||||||||||||||||||
International Value Equity | 1,167,658 | 16,892 | (23,691 | ) | 1,160,859 | — | — | 21,249 | (417,262 | ) | 9,704,781 | ||||||||||||||||||||||||||||
Mid Cap Stock | 762,324 | 267,073 | (224,085 | ) | 805,312 | — | — | 297,045 | 1,818,497 | 16,355,888 | |||||||||||||||||||||||||||||
Mid Value | 1,206,451 | — | (35,648 | ) | 1,170,803 | — | — | 774 | 447,044 | 13,944,259 | |||||||||||||||||||||||||||||
Multifactor Large Cap ETF | 122,871 | — | (3,842 | ) | 119,029 | 26,593 | — | 30,232 | 25,300 | 4,192,201 | |||||||||||||||||||||||||||||
Multifactor Mid Cap ETF | 62,781 | — | (2,438 | ) | 60,343 | 8,293 | — | 19,428 | 28,233 | 2,102,453 | |||||||||||||||||||||||||||||
Real Estate Securities | 379,115 | 30,387 | (23,428 | ) | 386,074 | — | — | 104,258 | (14,361 | ) | 7,648,127 | ||||||||||||||||||||||||||||
Small Cap Growth | 221,063 | 51,970 | (3,555 | ) | 269,478 | — | 829,528 | (6,855 | ) | (630,468 | ) | 4,807,490 | |||||||||||||||||||||||||||
Small Cap Stock | 569,442 | 3,467 | (41,977 | ) | 530,932 | — | — | 31,088 | 606,625 | 6,057,933 | |||||||||||||||||||||||||||||
Small Cap Value | 255,360 | 6,492 | (3,961 | ) | 257,891 | — | — | 1,370 | 196,241 | 5,400,233 | |||||||||||||||||||||||||||||
Small Company Value | 247,802 | 2,991 | (3,446 | ) | 247,347 | — | — | 20,017 | 152,186 | 5,320,440 | |||||||||||||||||||||||||||||
Strategic Equity Allocation | 4,097,167 | 51,868 | (154,941 | ) | 3,994,094 | — | — | 521,430 | 208,209 | 80,161,467 | |||||||||||||||||||||||||||||
Strategic Growth | 1,328,319 | 675 | (77,097 | ) | 1,251,897 | — | — | 316,399 | 1,683,718 | 23,873,667 | |||||||||||||||||||||||||||||
$ | 42,069 | $ | 1,382,509 | $ | 3,146,443 | $ | 2,034,263 | $ | 384,698,587 |
Dividends and distributions | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Beginning share amount | | Shares purchased | | Shares sold | | Ending share amount | | Income distributions received | | Capital gain distributions received | | Realized gain (loss) | | Change in unrealized appreciation (depreciation) | | Ending value | |||||||||||||||||||||
Managed Volatility Growth Portfolio | |||||||||||||||||||||||||||||||||||||||
Alpha Opportunities | 8,258,668 | 871,389 | (9,130,057 | ) | — | $ | 97,664 | $ | 7,518,272 | ($8,749,800 | ) | $ | 553,798 | — | |||||||||||||||||||||||||
Blue Chip Growth | 8,435,356 | — | (1,273,786 | ) | 7,161,570 | — | — | 27,310,380 | 6,614,502 | $ | 279,516,085 | ||||||||||||||||||||||||||||
Capital Appreciation | 19,560,310 | — | (2,943,965 | ) | 16,616,345 | — | — | 27,424,189 | 3,822,406 | 270,846,426 | |||||||||||||||||||||||||||||
Core Bond | 19,289,829 | 236,979 | (477,659 | ) | 19,049,149 | — | — | (544,075 | ) | (4,102,555 | ) | 243,448,121 | |||||||||||||||||||||||||||
Emerging Markets Equity | 8,960,950 | 2,468,395 | (569,556 | ) | 10,859,789 | — | — | 2,342,782 | (8,083,146 | ) | 124,344,583 | ||||||||||||||||||||||||||||
Emerging Markets Value | 30,732,225 | 454,217 | (2,052,883 | ) | 29,133,559 | — | — | (1,494,123 | ) | (19,817,812 | ) | 286,382,886 | |||||||||||||||||||||||||||
Equity Income | 27,593,518 | — | (1,033,947 | ) | 26,559,571 | — | — | 6,240,242 | (8,020,699 | ) | 460,808,554 | ||||||||||||||||||||||||||||
Fundamental Large Cap Value | 27,187,098 | — | (600,553 | ) | 26,586,545 | — | — | 1,140,950 | (13,328,822 | ) | 371,945,758 | ||||||||||||||||||||||||||||
Global Bond | 9,163,183 | — | (410,794 | ) | 8,752,389 | — | — | 131,665 | (848,895 | ) | 111,855,538 | ||||||||||||||||||||||||||||
Global Conservative Absolute Return | 2,663,770 | 4,925 | (104,601 | ) | 2,564,094 | — | — | (72,116 | ) | 24,031 | 23,743,514 | ||||||||||||||||||||||||||||
International Growth | 4,587,259 | — | (299,044 | ) | 4,288,215 | — | — | 2,276,176 | 248,803 | 120,756,129 | |||||||||||||||||||||||||||||
International Growth Stock | 10,433,367 | — | (296,443 | ) | 10,136,924 | — | — | 1,697,058 | (12,820,160 | ) | 176,990,701 | ||||||||||||||||||||||||||||
International Value | 20,351,475 | — | (889,636 | ) | 19,461,839 | — | — | 5,214,799 | (14,510,291 | ) | 267,211,050 | ||||||||||||||||||||||||||||
International Value Equity | 3,863,819 | — | (97,136 | ) | 3,766,683 | — | — | 81,551 | (1,369,066 | ) | 31,489,470 | ||||||||||||||||||||||||||||
Mid Cap Stock | 9,101,927 | 3,618,532 | (4,581,836 | ) | 8,138,623 | — | — | 12,432,605 | 11,741,850 | 165,295,437 | |||||||||||||||||||||||||||||
Mid Value | 15,458,792 | — | (823,467 | ) | 14,635,325 | — | — | 461,268 | 5,146,944 | 174,306,717 | |||||||||||||||||||||||||||||
Multifactor Large Cap ETF | 3,161,998 | — | (260,564 | ) | 2,901,434 | 648,209 | — | 2,050,361 | (508,269 | ) | 102,188,505 | ||||||||||||||||||||||||||||
Multifactor Mid Cap ETF | 1,613,118 | — | (135,539 | ) | 1,477,579 | 203,064 | — | 1,080,092 | 196,075 | 51,481,364 | |||||||||||||||||||||||||||||
New Income | 34,274,030 | 344,712 | (813,853 | ) | 33,804,889 | — | — | (844,914 | ) | (6,724,306 | ) | 421,208,920 | |||||||||||||||||||||||||||
Select Bond | 132,371,583 | 2,625,656 | (6,690,459 | ) | 128,306,780 | — | — | (4,220,985 | ) | (22,708,215 | ) | 1,694,932,563 | |||||||||||||||||||||||||||
Short Term Government Income | 2,879,580 | 24,815 | (92,743 | ) | 2,811,652 | — | — | (86,739 | ) | (87,431 | ) | 33,627,355 | |||||||||||||||||||||||||||
Small Cap Growth | 3,284,288 | 697,540 | (401,930 | ) | 3,579,898 | — | $ | 12,144,163 | (875,368 | ) | (8,396,742 | ) | 63,865,379 | ||||||||||||||||||||||||||
Small Cap Stock | 8,485,972 | — | (1,357,025 | ) | 7,128,947 | — | — | (1,673,764 | ) | 11,130,066 | 81,341,287 | ||||||||||||||||||||||||||||
Small Cap Value | 3,789,984 | — | (271,574 | ) | 3,518,410 | — | — | 1,979,853 | 877,237 | 73,675,506 | |||||||||||||||||||||||||||||
Small Company Value | 3,726,888 | — | (296,061 | ) | 3,430,827 | — | — | 1,480,274 | 1,044,895 | 73,797,085 | |||||||||||||||||||||||||||||
Strategic Equity Allocation | 166,988,261 | — | (8,613,828 | ) | 158,374,433 | — | — | 66,496,115 | (33,478,912 | ) | 3,178,574,866 | ||||||||||||||||||||||||||||
Strategic Growth | 16,338,171 | — | (2,087,761 | ) | 14,250,410 | — | — | 5,999,420 | 18,754,995 | 271,755,317 | |||||||||||||||||||||||||||||
Total Return | 15,574,165 | 257,498 | (412,657 | ) | 15,419,006 | 1,076,793 | — | (307,547 | ) | (4,050,216 | ) | 203,685,074 | |||||||||||||||||||||||||||
$ | 2,025,730 | $ | 19,662,435 | $ | 146,970,349 | ($98,699,935 | ) | $ | 9,359,074,190 | ||||||||||||||||||||||||||||||
Managed Volatility Balanced Portfolio | |||||||||||||||||||||||||||||||||||||||
Alpha Opportunities | 4,326,775 | 382,713 | (4,709,488 | ) | — | $ | 42,894 | $ | 3,302,020 | ($3,526,770 | ) | $ | 213,916 | — | |||||||||||||||||||||||||
Blue Chip Growth | 5,554,747 | — | (934,669 | ) | 4,620,078 | — | — | 17,743,153 | 4,464,300 | $ | 180,321,628 | ||||||||||||||||||||||||||||
Capital Appreciation | 12,811,776 | 31,556 | (2,122,968 | ) | 10,720,364 | — | — | 8,063,861 | 12,312,267 | 174,741,937 | |||||||||||||||||||||||||||||
Core Bond | 26,429,018 | 211,930 | (1,139,974 | ) | 25,500,974 | — | — | (1,513,252 | ) | (4,861,900 | ) | 325,902,453 | |||||||||||||||||||||||||||
Emerging Markets Equity | �� | 4,040,518 | 1,020,260 | (294,052 | ) | 4,766,726 | — | — | 1,216,656 | (3,734,140 | ) | 54,579,015 | |||||||||||||||||||||||||||
Emerging Markets Value | 13,856,621 | 1,035,937 | (1,011,397 | ) | 13,881,161 | — | — | 1,800,881 | (11,368,880 | ) | 136,451,810 | ||||||||||||||||||||||||||||
Equity Income | 18,070,926 | — | (802,018 | ) | 17,268,908 | — | — | 2,252,083 | (3,173,768 | ) | 299,615,549 | ||||||||||||||||||||||||||||
Fundamental Large Cap Value | 17,812,204 | — | (519,881 | ) | 17,292,323 | — | — | 1,087,933 | (8,905,850 | ) | 241,919,605 | ||||||||||||||||||||||||||||
Global Bond | 12,359,712 | 50,981 | (702,829 | ) | 11,707,864 | — | — | 207,372 | (1,132,949 | ) | 149,626,506 | ||||||||||||||||||||||||||||
Global Conservative Absolute Return | 2,559,231 | — | (154,304 | ) | 2,404,927 | — | — | (106,516 | ) | 63,001 | 22,269,621 | ||||||||||||||||||||||||||||
International Growth | 2,157,336 | 4,519 | (204,789 | ) | 1,957,066 | — | — | 1,721,724 | (475,435 | ) | 55,110,990 | ||||||||||||||||||||||||||||
International Growth Stock | 4,780,353 | — | (167,567 | ) | 4,612,786 | — | — | 1,234,619 | (6,223,577 | ) | 80,539,242 | ||||||||||||||||||||||||||||
International Value | 10,413,029 | 155,449 | (534,745 | ) | 10,033,733 | — | — | 1,109,614 | (5,784,244 | ) | 137,763,155 | ||||||||||||||||||||||||||||
Mid Cap Stock | 4,397,820 | 1,605,364 | (2,244,227 | ) | 3,758,957 | — | — | 3,202,807 | 7,873,060 | 76,344,416 | |||||||||||||||||||||||||||||
Mid Value | 6,919,428 | 26,273 | (407,969 | ) | 6,537,732 | — | — | (722,051 | ) | 3,248,061 | 77,864,388 | ||||||||||||||||||||||||||||
Multifactor Large Cap ETF | 2,467,609 | — | (239,919 | ) | 2,227,690 | 497,688 | — | 1,887,907 | (658,901 | ) | 78,459,242 | ||||||||||||||||||||||||||||
Multifactor Mid Cap ETF | 1,260,752 | — | (120,894 | ) | 1,139,858 | 156,651 | — | 963,388 | 44,596 | 39,714,590 | |||||||||||||||||||||||||||||
New Income | 46,959,104 | 278,258 | (1,977,145 | ) | 45,260,217 | — | — | (2,156,799 | ) | (8,218,144 | ) | 563,942,302 | |||||||||||||||||||||||||||
Select Bond | 178,601,968 | 1,875,470 | (8,762,602 | ) | 171,714,836 | — | — | (5,111,331 | ) | (31,108,380 | ) | 2,268,352,978 | |||||||||||||||||||||||||||
Short Term Government Income | 4,530,316 | 16,824 | (225,011 | ) | 4,322,129 | — | — | (194,217 | ) | (82,810 | ) | 51,692,660 | |||||||||||||||||||||||||||
Small Cap Growth | 1,788,711 | 393,843 | (246,465 | ) | 1,936,089 | — | 6,539,869 | (518,677 | ) | (4,499,685 | ) | 34,539,836 | |||||||||||||||||||||||||||
Small Cap Stock | 4,909,352 | 3,564 | (852,389 | ) | 4,060,527 | — | — | (998,613 | ) | 6,427,567 | 46,330,614 | ||||||||||||||||||||||||||||
Small Cap Value | 2,149,487 | — | (194,056 | ) | 1,955,431 | — | — | 582,468 | 987,877 | 40,946,718 | |||||||||||||||||||||||||||||
Small Company Value | 2,091,488 | — | (192,601 | ) | 1,898,887 | — | — | 1,204,032 | 200,341 | 40,845,059 | |||||||||||||||||||||||||||||
Strategic Equity Allocation | 90,615,222 | — | (5,859,070 | ) | 84,756,152 | — | — | 46,543,512 | (27,136,266 | ) | 1,701,055,971 | ||||||||||||||||||||||||||||
Strategic Growth | 10,715,474 | — | (1,530,625 | ) | 9,184,849 | — | — | 4,381,452 | 11,818,106 | 175,155,069 | |||||||||||||||||||||||||||||
Total Return | 21,298,200 | 271,650 | (970,778 | ) | 20,599,072 | 1,443,122 | — | (740,055 | ) | (5,203,560 | ) | 272,113,742 | |||||||||||||||||||||||||||
$ | 2,140,355 | $ | 9,841,889 | $ | 79,615,181 | ($74,915,397 | ) | $ | 7,326,199,096 |
Dividends and distributions | |||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Portfolio | | Beginning share amount | | Shares purchased | | Shares sold | | Ending share amount | | Income distributions received | | Capital gain distributions received | | Realized gain (loss) | | Change in unrealized appreciation (depreciation) | | Ending value | |||||||||||||||||||||
Managed Volatility Moderate Portfolio | |||||||||||||||||||||||||||||||||||||||
Alpha Opportunities | 749,564 | 86,316 | (835,880 | ) | — | $ | 9,674 | $ | 744,721 | ($824,468 | ) | ($15,469 | ) | — | |||||||||||||||||||||||||
Blue Chip Growth | 1,455,938 | 2,183 | (264,192 | ) | 1,193,929 | — | — | 4,989,029 | 813,319 | $ | 46,599,031 | ||||||||||||||||||||||||||||
Capital Appreciation | 3,358,957 | 6,678 | (608,881 | ) | 2,756,754 | — | — | 2,091,711 | 3,231,735 | 44,935,087 | |||||||||||||||||||||||||||||
Core Bond | 9,206,325 | 17,799 | (343,669 | ) | 8,880,455 | — | — | (471,843 | ) | (1,740,091 | ) | 113,492,217 | |||||||||||||||||||||||||||
Emerging Markets Equity | 797,243 | 272,448 | (59,681 | ) | 1,010,010 | — | — | 248,710 | (752,823 | ) | 11,564,616 | ||||||||||||||||||||||||||||
Emerging Markets Value | 2,734,154 | 15,589 | (218,591 | ) | 2,531,152 | — | — | 691,692 | (2,534,987 | ) | 24,881,229 | ||||||||||||||||||||||||||||
Equity Income | 4,717,659 | 4,692 | (272,947 | ) | 4,449,404 | — | — | 1,451,314 | (1,662,226 | ) | 77,197,165 | ||||||||||||||||||||||||||||
Fundamental Large Cap Value | 4,659,605 | 20,373 | (213,651 | ) | 4,466,327 | — | — | 125,437 | (2,129,288 | ) | 62,483,916 | ||||||||||||||||||||||||||||
Global Bond | 4,337,845 | 2,258 | (261,035 | ) | 4,079,068 | — | — | 673,208 | (993,938 | ) | 52,130,488 | ||||||||||||||||||||||||||||
Global Conservative Absolute Return | 1,018,865 | — | (91,633 | ) | 927,232 | — | — | (63,241 | ) | 47,431 | 8,586,169 | ||||||||||||||||||||||||||||
International Growth | 355,364 | — | (36,679 | ) | 318,685 | — | — | 309,588 | (99,864 | ) | 8,974,159 | ||||||||||||||||||||||||||||
International Growth Stock | 788,772 | 86 | (30,820 | ) | 758,038 | — | — | 163,128 | (979,340 | ) | 13,235,338 | ||||||||||||||||||||||||||||
International Value | 1,739,905 | 2,523 | (94,599 | ) | 1,647,829 | — | — | 332,642 | (1,104,527 | ) | 22,624,694 | ||||||||||||||||||||||||||||
Mid Cap Stock | 1,174,164 | 358,433 | (529,303 | ) | 1,003,294 | — | — | 2,746,140 | 159,509 | 20,376,906 | |||||||||||||||||||||||||||||
Mid Value | 1,846,862 | — | (121,369 | ) | 1,725,493 | — | — | 221,506 | 455,234 | 20,550,621 | |||||||||||||||||||||||||||||
New Income | 16,369,278 | — | (598,445 | ) | 15,770,833 | — | — | (462,095 | ) | (3,142,089 | ) | 196,504,579 | |||||||||||||||||||||||||||
Select Bond | 62,363,445 | 460,363 | (3,036,137 | ) | 59,787,671 | — | — | (1,683,166 | ) | (10,924,938 | ) | 789,795,132 | |||||||||||||||||||||||||||
Short Term Government Income | 1,484,353 | 2,101 | (77,764 | ) | 1,408,690 | — | — | (66,941 | ) | (23,697 | ) | 16,847,933 | |||||||||||||||||||||||||||
Small Cap Growth | 429,632 | 89,786 | (64,696 | ) | 454,722 | — | 1,563,180 | (135,215 | ) | (1,062,205 | ) | 8,112,248 | |||||||||||||||||||||||||||
Small Cap Stock | 1,178,803 | — | (217,224 | ) | 961,579 | — | — | (228,100 | ) | 1,526,655 | 10,971,620 | ||||||||||||||||||||||||||||
Small Cap Value | 517,348 | 122 | (50,136 | ) | 467,334 | — | — | 80,730 | 296,590 | 9,785,967 | |||||||||||||||||||||||||||||
Small Company Value | 501,942 | — | (52,096 | ) | 449,846 | — | — | 332,648 | 1,091 | 9,676,192 | |||||||||||||||||||||||||||||
Strategic Equity Allocation | 21,948,750 | — | (1,666,853 | ) | 20,281,897 | — | — | 13,258,467 | (8,447,819 | ) | 407,057,671 | ||||||||||||||||||||||||||||
Strategic Growth | 2,803,231 | — | (439,540 | ) | 2,363,691 | — | — | 1,315,774 | 2,908,343 | 45,075,595 | |||||||||||||||||||||||||||||
Total Return | 7,439,117 | 39,322 | (295,356 | ) | 7,183,083 | 502,901 | — | (225,771 | ) | (1,845,186 | ) | 94,888,526 | |||||||||||||||||||||||||||
$ | 512,575 | $ | 2,307,901 | $ | 24,870,884 | ($28,018,580 | ) | $ | 2,116,347,099 | ||||||||||||||||||||||||||||||
Managed Volatility Conservative Portfolio | |||||||||||||||||||||||||||||||||||||||
Blue Chip Growth | 486,190 | 6,475 | (103,046 | ) | 389,619 | — | — | $ | 639,375 | $ | 1,275,831 | $ | 15,206,830 | ||||||||||||||||||||||||||
Capital Appreciation | 1,124,595 | 29,566 | (245,889 | ) | 908,272 | — | — | 473,579 | 1,297,151 | 14,804,833 | |||||||||||||||||||||||||||||
Core Bond | 7,320,467 | — | (527,266 | ) | 6,793,201 | — | — | (545,079 | ) | (1,215,044 | ) | 86,817,110 | |||||||||||||||||||||||||||
Emerging Markets Equity | 227,800 | 16,923 | (28,534 | ) | 216,189 | — | — | 117,944 | (243,405 | ) | 2,475,362 | ||||||||||||||||||||||||||||
Emerging Markets Value | 781,432 | 67,485 | (95,055 | ) | 753,862 | — | — | 298,690 | (800,349 | ) | 7,410,468 | ||||||||||||||||||||||||||||
Equity Income | 1,577,525 | 9,940 | (154,167 | ) | 1,433,298 | — | — | 462,335 | (489,153 | ) | 24,867,728 | ||||||||||||||||||||||||||||
Fundamental Large Cap Value | 1,553,442 | 48,503 | (146,050 | ) | 1,455,895 | — | — | 99,122 | (714,025 | ) | 20,367,963 | ||||||||||||||||||||||||||||
Global Bond | 3,527,468 | 8,728 | (305,967 | ) | 3,230,229 | — | — | 245,730 | (475,438 | ) | 41,282,330 | ||||||||||||||||||||||||||||
Global Conservative Absolute Return | 796,193 | — | (134,073 | ) | 662,120 | — | — | (91,365 | ) | 83,290 | 6,131,231 | ||||||||||||||||||||||||||||
International Growth | 97,394 | 2,302 | (13,754 | ) | 85,942 | — | — | 110,677 | (50,952 | ) | 2,420,129 | ||||||||||||||||||||||||||||
International Growth Stock | 218,947 | 1,499 | (16,397 | ) | 204,049 | — | — | 88,275 | (303,461 | ) | 3,562,702 | ||||||||||||||||||||||||||||
International Value | 476,810 | 13,786 | (47,942 | ) | 442,654 | — | — | 187,011 | (379,873 | ) | 6,077,644 | ||||||||||||||||||||||||||||
Mid Cap Stock | 213,881 | 3,867 | (48,223 | ) | 169,525 | — | — | 219,617 | 234,069 | 3,443,057 | |||||||||||||||||||||||||||||
Mid Value | 338,229 | 331 | (42,068 | ) | 296,492 | — | — | 57,931 | 68,432 | 3,531,224 | |||||||||||||||||||||||||||||
New Income | 13,020,838 | — | (951,160 | ) | 12,069,678 | — | — | (1,141,599 | ) | (1,715,254 | ) | 150,388,189 | |||||||||||||||||||||||||||
Select Bond | 49,476,280 | — | (3,727,604 | ) | 45,748,676 | — | — | (2,891,753 | ) | (7,099,657 | ) | 604,340,007 | |||||||||||||||||||||||||||
Short Term Government Income | 1,239,808 | — | (104,578 | ) | 1,135,230 | — | — | (89,991 | ) | 13,457 | 13,577,351 | ||||||||||||||||||||||||||||
Small Cap Growth | 114,973 | 27,329 | (22,297 | ) | 120,005 | — | $ | 409,198 | (38,864 | ) | (273,785 | ) | 2,140,883 | ||||||||||||||||||||||||||
Small Cap Stock | 319,428 | 3,582 | (67,978 | ) | 255,032 | — | — | 260,875 | 85,817 | 2,909,919 | |||||||||||||||||||||||||||||
Small Cap Value | 138,008 | 1,283 | (19,368 | ) | 119,923 | — | — | 22,309 | 77,240 | 2,511,190 | |||||||||||||||||||||||||||||
Small Company Value | 135,649 | 485 | (18,418 | ) | 117,716 | — | — | 7,215 | 82,143 | 2,532,069 | |||||||||||||||||||||||||||||
Strategic Equity Allocation | 6,337,607 | 50,663 | (742,071 | ) | 5,646,199 | — | — | 3,544,731 | (2,002,223 | ) | 113,319,215 | ||||||||||||||||||||||||||||
Strategic Growth | 940,948 | 13,218 | (178,105 | ) | 776,061 | — | — | 545,346 | 863,100 | 14,799,488 | |||||||||||||||||||||||||||||
Total Return | 5,906,935 | 29,146 | (441,598 | ) | 5,494,483 | $ | 383,850 | — | (333,266 | ) | (1,299,498 | ) | 72,582,125 | ||||||||||||||||||||||||||
$ | 383,850 | $ | 409,198 | $ | 2,248,845 | ($12,981,587 | ) | $ | 1,217,499,047 |
(1) | information relating to each Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock family of funds); |
(2) | the historical and current performance of each Fund and comparative performance information relating to the Fund’s benchmark and comparable funds; and |
(3) | the subadvisory fee for each Fund, including any breakpoints, and comparative fee information, where available, prepared by an independent third-party provider of mutual fund data. |
(1) | Each Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | Each Fund generally outperformed the historical performance of comparable funds and its respective benchmark over the recent term and underperformed the historical performance of comparable funds and its respective benchmark over the longer term. The Board considered steps the Advisor has taken to address performance and concluded that each Fund’s performance is being monitored and reasonably addressed. |
(3) | The subadvisory fees are reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | Certain breakpoints are reflected as breakpoints in the advisory fees for the Funds in order to permit shareholders to benefit from economies of scale if those Funds grow. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Aggressive Portfolio (f/k/a Lifestyle Aggressive MVP) (Manulife Asset Management (US)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-year period and underperformed the average for the three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group average for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-year period. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Managed Volatility Balanced Portfolio (f/k/a Lifestyle Balanced MVP) (Manulife Asset Management (US)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-year period and underperformed the average for the three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-year period. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Managed Volatility Conservative Portfolio (f/k/a Lifestyle Conservative MVP) (Manulife Asset Management (US)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust outperformed the benchmark index for the one- and three-year periods and underperformed the benchmark index for the five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s five- and ten-year performance relative to the benchmark index and to the peer group average for the one-, three-, five- and ten-year periods. The Board noted the Trust’s favorable performance relative to the benchmark index for the one- and three-year periods. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. |
Portfolio (Subadviser) | | Performance as of 12.31.2017 | | Fees and Expenses | | Comments | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Managed Volatility Growth Portfolio (f/k/a Lifestyle Growth MVP) (Manulife Asset Management (US)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust outperformed the average for the one-year period and underperformed the average for the three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and to the peer group average. The Board noted the Trust’s favorable performance relative to the benchmark index and the peer group average for the one-year period. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. | |||||||||||
Managed Volatility Moderate Portfolio (f/k/a Lifestyle Moderate MVP) (Manulife Asset Management (US)) (Manulife Asset Management (North America)) | Benchmark Index — The Trust outperformed the benchmark index for the one-year period and underperformed the benchmark index for the three-, five- and ten-year periods. Broadridge Category — The Trust underperformed the average for the one-, three-, five- and ten-year periods. | Subadviser fee comparative data not provided due to limited size of Broadridge peer group for this purpose. Net management fees for this Trust are lower than the peer group median. Net total expenses for this Trust are lower than the peer group median. | The Board took into account management’s discussion of the factors that contributed to the Trust’s three-, five- and ten-year performance relative to the benchmark index and to the peer group average for the one-, three-, five- and ten-year periods. The Board noted the Trust’s favorable performance relative to the benchmark index for the one-year period. The Board noted the Trust’s net management fees and net total expenses are lower than the peer group median. |
American Funds Insurance Series® | |
Semi-annual report for the six months ended June 30, 2018 |
American Funds Insurance Series, by Capital Group, is the underlying investment vehicle for many variable annuities and insurance products. For more than 85 years, Capital Group has invested with a long-term focus based on thorough research and attention to risk.
Investing for short periods makes losses more likely. For current information and month-end results, visit americanfunds.com/afis. For information about your insurance contract and month-end results, go to the website of the company that issued your contract.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries. Investing in small-capitalization stocks can involve greater risk than is customarily associated with investing in stocks of larger, more established companies. The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. High-yield bonds are subject to greater fluctuations in value and risk of loss of income and principal than investment-grade bonds. Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor’s, Moody’s and/or Fitch as an indication of an issuer’s creditworthiness. Futures may not provide an effective hedge of the underlying securities because changes in the prices of futures may not track those of the securities they are intended to hedge. In addition, the managed risk strategy may not effectively protect the funds from market declines and will limit the funds’ participation in market gains. The use of the managed risk strategy could cause the fund’s return to lag those of the applicable underlying funds in certain rising market conditions. Refer to the funds’ prospectuses and the Risk Factors section of this report for more information on these and other risks associated with investing in the funds.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Contents | |
1 | Letter to investors |
4 | Fund reviews |
Investment portfolios | |
45 | Global Growth Fund |
48 | Global Small Capitalization Fund |
52 | Growth Fund |
55 | International Fund |
58 | New World Fund® |
62 | Blue Chip Income and Growth Fund |
65 | Global Growth and Income Fund |
68 | Growth-Income Fund |
71 | International Growth and Income Fund |
74 | Capital Income Builder® |
78 | Asset Allocation Fund |
83 | Global Balanced Fund |
88 | Bond Fund |
94 | Global Bond Fund |
100 | High-Income Bond Fund |
105 | Mortgage Fund |
109 | Ultra-Short Bond Fund |
111 | U.S. Government/AAA-Rated Securities Fund |
115 | Managed Risk Growth Fund |
116 | Managed Risk International Fund |
117 | Managed Risk Blue Chip Income and Growth Fund |
118 | Managed Risk Growth-Income Fund |
119 | Managed Risk Asset Allocation Fund |
120 | Financial statements |
Fellow investors: |
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Global stocks were little changed for the six months ended June 30, 2018, with the MSCI ACWI (All Country World Index)1 — a free float-adjusted market capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indexes — returning –0.43%. Strong corporate earnings and ongoing central bank stimulus measures helped mitigate investor concerns about deteriorating trade relations, uncertainty related to political elections and rising U.S. interest rates. The United States had one of the strongest markets, as the MSCI USA Index1 (a free float-adjusted, market capitalization-weighted index that is designed to measure the U.S. portion of the world market) advanced 2.90%. The U.S. economic expansion continued into its 10th year, showing sustained strength even as trade tariffs led to heightened global tensions and occasionally volatile markets. Rising wages and low unemployment supported consumer spending, while inflation has only gradually accelerated. A sweeping overhaul of the tax code and a lightening of the regulatory regime boosted earnings projections for companies in certain sectors. Higher confidence also led many companies to increase capital expenditures and employee compensation. Repeating a theme, information technology companies in particular advanced, supported by generally better than expected corporate earnings in the sector. Stocks of cyclical companies led gains, outpacing those in more defensive companies amid continued evidence of a broad-based global economic recovery, though recently there have been some signs of slowing in the rest of the world. In the current environment, there have been spikes in market volatility. For instance, volatility peaked at the beginning of the year as investor anxieties around inflationary pressures and climbing interest rates sent markets sharply lower, resulting in the first market correction (or roughly 10% loss) since early 2016. More recent bouts of volatility have been due to more aggressive U.S. trade policy. The U.S. Federal Reserve increased short-term interest rates in March and June to a range of 1.75% and 2.00%. The Fed also signaled two more rate increases later in the year. These rate hikes are steps toward normalization after central banks have pursued accommodative monetary policies focused on healing stresses in the global financial system caused by the 2008 financial crisis. In Europe, markets have been pressured by political turmoil in Italy and Spain, and the eurozone grew at a slower pace. Share prices declined as Italian leaders struggled to form a coalition government amid investor worries about Italy leaving the EU, and U.S. officials announced tariffs on steel and aluminum imports from allies, including the European Union, Mexico and Canada. In June, the European Central Bank announced it plans to end quantitative easing at the end of the year given the right economic conditions. Overall, the MSCI Europe Index lost 3.23% led by Austria (-8.69%), Germany (–7.39%) and Switzerland (–6.92%). Elsewhere among developed See page 2 for footnotes. |
American Funds Insurance Series 1
markets, Japanese equities slipped 2.03% with news of a decrease in the country’s GDP and as Japan’s policy board lowered its inflation expectations for 2018 amid tepid wage growth. Outside developed economies, most emerging markets were negatively impacted by a strengthening U.S. dollar and political uncertainty ahead of elections in several developing countries. Economic conditions in Turkey (–29.61%) and Brazil (–17.29%) hurt sentiment as well. In bond markets, U.S. investment-grade debt (as measured by the Bloomberg Barclays U.S. Corporate Investment Grade Index2 of BBB/Baa-rated and above publically issued U.S. corporate and foreign debentures and secured notes) declined 3.27%, while U.S. high-yield corporate debt (as measured by the Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index2 of fixed-rate, non-investment-grade debt that limits the maximum exposure of any one issuer to 2%) marginally rose 0.16%, as investors sought higher yields than those offered by U.S. Treasuries. Bloomberg Barclays Global Aggregate Index2, a measure of global investment-grade bonds lost 1.46%, while the Bloomberg Barclays U.S. Aggregate Index2 (which measures U.S. investment-grade bonds) fell 1.62%. The 10-year Treasury yield, which stood at 2.40% on December 31, 2017, rose to 2.85%. U.S. dollar–denominated emerging markets bonds, as measured by the J.P. Morgan EMBI (Emerging Markets Bond Index) Global3, which tracks total returns for U.S. dollar-denominated debt instruments issued by emerging markets sovereign and quasi-sovereign entities, (including Brady bonds, loans and Eurobonds) fell 5.23% hurt by rising U.S. Treasury yields and a dollar rally. The U.S. dollar appreciated against most currencies. In developed markets, the Canadian dollar (–4.75%), euro (–2.77%) and the Swiss franc (–1.86%) slid, while the Japanese yen (1.70%) gained against the greenback. American Funds Insurance Series funds recorded mixed returns during the period and select funds with exposure to growth stocks enjoyed the highest returns. The road ahead That said, we think equity valuations are above average in the United States, and geopolitical risks are rising. Thus, we may be entering a more moderate return environment compared to the strong returns of the past few years. Trade tensions between the U.S. and China pose challenges to global commerce and we will be watching those events closely. This and other trade disputes, coupled with tighter U.S. monetary policy, are likely to produce further market volatility. In addition, the adjustment to a more normalized interest rate environment could spark subsequent temporary downturns as the market adapts to fewer stimulus measures. We remain confident in our ability to find attractive companies for the long term. We continue to stay the course of conducting deep fundamental research, with a long-term horizon, and an eye toward valuation and risk. We are optimistic that our robust investment process, and our ability to identify solid companies at good valuations based on bottom-up analysis, can serve our investors well in the long run. We continue to have confidence this will remain the case, and thank you for your support. We look forward to reporting to you again in six months’ time. Sincerely,
August 14, 2018 |
All market indexes referenced in this report are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
1 | Country returns are based on MSCI indexes, which reflect reinvestment of distributions and dividends net of withholding taxes, except for the MSCI USA Index, which reflects dividends gross of withholding taxes. Source: MSCI. |
2 | Source: Bloomberg Index Services Ltd. |
3 | This report, and any product, index or fund referred to herein, is not sponsored, endorsed or promoted in any way by J.P. Morgan or any of its affiliates who provide no warranties whatsoever, express or implied, and shall have no liability to any prospective investor, in connection with this report. J.P. Morgan disclaimer: http://www.jpmorgan.com/pages/jpmorgan/ib/girg. |
2 American Funds Insurance Series
Summary investment portfolios |
Summary investment portfolios are designed to streamline this report and help investors better focus on the funds’ principal holdings. Ultra-Short Bond Fund, Managed Risk Growth Fund, Managed Risk International Fund, Managed Risk Blue Chip Income and Growth Fund, Managed Risk Growth-Income Fund and Managed Risk Asset Allocation Fund show a complete listing of portfolio holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings for each fund in the series.
Unless otherwise indicated, American Funds Insurance Series investment results are for Class 1 shares (Class P1 shares for managed risk funds). Class 1A shares began operations on January 6, 2017. Class 2 shares began operations on April 30, 1997. Class 3 shares began operations on January 16, 2004. Class 4 shares began operations on December 14, 2012. Results encompassing periods prior to those dates assume a hypothetical investment in Class 1 shares and include the deduction of additional annual expenses (0.25% for Class 1A shares, 0.25% for Class 2 shares, 0.18% for Class 3 shares and 0.50% for Class 4 shares).
The variable annuities and life insurance contracts that use the series funds contain certain fees and expenses not reflected in this report. Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The series investment adviser waived a portion of its management fees for all existing funds from September 1, 2004, through December 31, 2008, for Global Growth and Income Fund from May 1, 2006, through December 31, 2008, for International Growth and Income Fund from November 18, 2008, through December 31, 2008, for U.S. Government/AAA-Rated Securities Fund from July 1, 2010, through December 31, 2010, and for Blue Chip Income and Growth Fund from February 1, 2014, through January 31, 2015.
For the managed risk funds, the investment adviser is currently waiving a portion of its management fee equal to 0.05% of the funds’ net assets. In addition, the investment adviser is currently reimbursing a portion of other expenses for all managed risk funds except Managed Risk Blue Chip Income and Growth Fund and Managed Risk Asset Allocation Fund. The waivers and reimbursements will be in effect through at least May 1, 2019, unless modified or terminated by the series board. After that time, the investment adviser may elect to extend, modify or terminate the reimbursements. The waivers may only be modified or terminated with the approval of the series board. Applicable fund results shown reflect the waivers and reimbursements, without which results would have been lower. See the Financial Highlights tables in this report for details.
The Managed Risk Growth Fund pursues its objective by investing in shares of American Funds Insurance Series – Growth FundSM and American Funds Insurance Series – Bond FundSM. The Managed Risk International Fund pursues its objective by investing in shares of American Funds Insurance Series – International FundSM and American Funds Insurance Series – Bond FundSM. The Managed Risk Blue Chip Income and Growth Fund pursues its objective by investing in shares of American Funds Insurance Series – Blue Chip Income and Growth FundSM and American Funds Insurance Series – U.S. Government/AAA-Rated Securities FundSM. The Managed Risk Growth-Income Fund pursues its objective by investing in shares of American Funds Insurance Series – Growth-Income FundSM and American Funds Insurance Series – Bond FundSM. The Managed Risk Asset Allocation Fund pursues its objective by investing in shares of American Funds Insurance Series – Asset Allocation Fund.SM The funds seek to manage portfolio volatility and provide downside protection, primarily through the use of exchange-traded futures. The benefit of the funds’ managed risk strategy should be most apparent during periods of high volatility and in down markets. In steady or rising markets, the funds’ results can be expected to lag those of the underlying fund.
Funds are listed in the report as follows: equity, balanced, fixed income and managed risk.
American Funds Insurance Series 3
Global Growth Fund
Fund results shown are for past periods and are not predictive of results for future periods. Current and future results may be lower or higher than those shown. Unit prices and returns will vary, so investors may lose money. For current information and month-end results, visit americanfunds.com/afis. For information about your insurance contract and month-end results, go to the website of the company that issued your contract.
Global Growth Fund rose 3.18% for the six months ended June 30, 2018, compared with a 0.43% decrease for the MSCI ACWI (All Country World Index),1 a free float-adjusted market capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indexes.
Global stocks, as measured by the MSCI ACWI, were little changed despite solid corporate earnings and ongoing central bank stimulus measures. Gains were tempered by signs of slowing economic growth, investor concerns around rising interest rates, mounting inflation pressures and escalating trade tensions between the U.S. and China. A stronger U.S. dollar and geopolitics weighed on emerging markets. As information technology stocks continued to push higher, defensive stocks pulled markets lower — weighed down by losses in the consumer staples and telecommunication services sectors.
An eclectic mix of financials and consumer discretionary investments boosted the fund’s relative returns. Amazon reported strong first-quarter earnings that beat analyst estimates thanks to Prime and Amazon Web Services, and was the top contributor to the fund’s returns. India’s fourth-largest private sector bank, Kotak Mahindra, was also additive as the company surged on solid fourth-quarter earnings.
Investments in consumer staples were the biggest drag on results. British American Tobacco hindered returns the most amid uncertainty regarding the outlook for traditional tobacco products and tighter regulation.
On a geographic basis, stocks of companies domiciled in the U.S., Germany and the Netherlands were additive to results, while stocks of companies based in the U.K., the Philippines and Finland lagged.
Despite soaring valuations, the fund’s portfolio managers are optimistic they will continue to find good companies globally that offer high-quality products, and whose values are not yet fully reflected in their share prices.
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