# EDGAR Filing Document

**Accession Number:** 0000925683
**File Stem:** 0000925683-26-000006
**Filing Date:** 2026-5
**Character Count:** 111764
**Document Hash:** 089d237687c91572fa76953bb8b159d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000925683-26-000006.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000925683-26-000006

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0000925683

**ORGANIZATION NAME:**
- **EIN:** 043241844
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08568
- **FILM NUMBER:** 261040561

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK INVESTMENT MANAGEMENT
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK INVESTMENT MANAGEMENT
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JOHN HANCOCK BANK & THRIFT OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 20110214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN BANK & THRIFT OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 19940728

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN REGIONAL BANK & THRIFT FUND
- **DATE OF NAME CHANGE:** 19940620

## Nport-Ex

![](img3a14173f1.gif)

#### Quarterly portfolio holdings

## John Hancock

## Financial Opportunities Fund

## Closed-end sector
March 31, 2026

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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Fund's investments

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#### As of 3-31-26 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common stocks 109.4% (92.7% of Total investments)** |  | &nbsp;&nbsp;**$772219829** |
| (Cost $447,910,753) |  |  |
| **Financials 108.3%** |  | **765015834** |
| **Banks 99.0%** |  |  |
| 1st Source Corp. | 118620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8209690 |
| ACNB Corp. | 71324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3414280 |
| Alpine Banks of Colorado, Class B | 173462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8291484 |
| American Business Bank (A)(B) | 83455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5921132 |
| American Riviera Bancorp (C) | 228717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5397721 |
| Ameris Bancorp | 146987 | &nbsp;&nbsp;&nbsp;&nbsp;11463516 |
| Avidbank Holdings, Inc. (C) | 257070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7326495 |
| Bank of Marin Bancorp | 214375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5494431 |
| Bank7 Corp. | 116363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640556 |
| Banner Corp. | 53428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3242011 |
| Bar Harbor Bankshares | 169840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5511308 |
| BayCom Corp. | 150123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4462406 |
| Business First Bancshares, Inc. | 182458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4933664 |
| C&F Financial Corp. | 37912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765301 |
| California BanCorp | 455317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8068217 |
| Camden National Corp. | 90567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4297404 |
| CB Financial Services, Inc. | 57155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1953558 |
| Central Pacific Financial Corp. | 144201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4608664 |
| Chemung Financial Corp. | 72763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3916105 |
| ChoiceOne Financial Services, Inc. | 98216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2761834 |
| Citizens Community Bancorp, Inc. | 169116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3348497 |
| Citizens Financial Group, Inc. | 198519 | &nbsp;&nbsp;&nbsp;&nbsp;11905184 |
| Civista Bancshares, Inc. | 250733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5714205 |
| CNB Financial Corp. | 80835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2340982 |
| Coastal Carolina Bancshares, Inc. (C) | 30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417000 |
| Coastal Carolina Bancshares, Inc. (C)(D) | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3433300 |
| Coastal Financial Corp. (C) | 114431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8708199 |
| Colony Bankcorp, Inc. | 97517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947414 |
| Columbia Banking System, Inc. (A)(B) | 318953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8748881 |
| Community Bancorp, Inc. (A)(B) | 61707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1919088 |
| Community Heritage Financial, Inc. | 141197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4377107 |
| Community West Bancshares | 126760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2953508 |
| ConnectOne Bancorp, Inc. | 85763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295876 |
| Cullen/Frost Bankers, Inc. (A)(B) | 84232 | &nbsp;&nbsp;&nbsp;&nbsp;11546523 |
| CVB Financial Corp. (A)(B) | 222784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4319782 |
| Dime Community Bancshares, Inc. (A)(B) | 219054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7408406 |
| Eagle Bancorp Montana, Inc. | 155751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205356 |
| East West Bancorp, Inc. | 56285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6008987 |
| Eastern Bankshares, Inc. | 410229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8024079 |
| Equity Bancshares, Inc., Class A (A)(B) | 169613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7532513 |
| Farmers & Merchants Bancorp, Inc. | 114822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2947481 |
| Farmers National Banc Corp. | 196145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2581268 |
| FFB Bancorp (C) | 82186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7039231 |
| Fifth Third Bancorp (B) | 227855 | &nbsp;&nbsp;&nbsp;&nbsp;10586143 |
| First Business Financial Services, Inc. | 91858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4953902 |
| First Citizens BancShares, Inc., Class A | 2688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5065966 |
| First Commonwealth Financial Corp. | 249243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4381692 |
| First Community Corp. | 132912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3885018 |
| First Financial Bancorp (A)(B) | 311817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8693458 |
| First Horizon Corp. | 325059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7398343 |
| First Merchants Corp. | 150025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810468 |
| First Mid Bancshares, Inc. | 76166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3137278 |

---

2 JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| **Banks (continued)** |  |  |
| First Reliance Bancshares, Inc. (C)(E) | 426454 | $5927711 |
| Flushing Financial Corp. | 224972 | &nbsp;&nbsp;&nbsp;3455570 |
| German American Bancorp, Inc. (A)(B) | 124124 | &nbsp;&nbsp;&nbsp;5187142 |
| Glacier Bancorp, Inc. (A)(B) | 165000 | &nbsp;&nbsp;&nbsp;7370550 |
| Great Southern Bancorp, Inc. | 40257 | &nbsp;&nbsp;&nbsp;2541424 |
| Hancock Whitney Corp. (A)(B) | 182751 | 11621136 |
| HBT Financial, Inc. | 209443 | &nbsp;&nbsp;&nbsp;5596317 |
| Heritage Commerce Corp. | 513678 | &nbsp;&nbsp;&nbsp;6410701 |
| Heritage Financial Corp. | 90346 | &nbsp;&nbsp;&nbsp;2348996 |
| Horizon Bancorp, Inc. (A)(B) | 505196 | &nbsp;&nbsp;&nbsp;8371098 |
| Huntington Bancshares, Inc. (A)(B) | 655503 | 10258622 |
| InBankshares Corp. (C) | 207676 | &nbsp;&nbsp;&nbsp;2409042 |
| Independent Bank Corp. (Massachusetts) | 130022 | &nbsp;&nbsp;&nbsp;9778955 |
| Independent Bank Corp. (Michigan) | 163971 | &nbsp;&nbsp;&nbsp;5460234 |
| KeyCorp | 434830 | &nbsp;&nbsp;&nbsp;8718342 |
| Landmark Bancorp, Inc. | 138666 | &nbsp;&nbsp;&nbsp;3438917 |
| Leader Bancorp, Inc. (C)(D)(F) | 58823 | &nbsp;&nbsp;&nbsp;7314640 |
| Ledyard Financial Group, Inc. | 155104 | &nbsp;&nbsp;&nbsp;2641421 |
| Live Oak Bancshares, Inc. (A)(B) | 110051 | &nbsp;&nbsp;&nbsp;3639387 |
| M&T Bank Corp. | 57035 | 11790275 |
| Metrocity Bankshares, Inc. | 80596 | &nbsp;&nbsp;&nbsp;2310687 |
| Mid Penn Bancorp, Inc. | 104181 | &nbsp;&nbsp;&nbsp;3350461 |
| NBT Bancorp, Inc. | 167805 | &nbsp;&nbsp;&nbsp;7145137 |
| Nicolet Bankshares, Inc. | 77030 | 11448199 |
| Northrim BanCorp, Inc. | 369612 | &nbsp;&nbsp;&nbsp;8456723 |
| Norwood Financial Corp. | 78289 | &nbsp;&nbsp;&nbsp;2303262 |
| Ohio Valley Banc Corp. | 70250 | &nbsp;&nbsp;&nbsp;3081165 |
| Old National Bancorp (A)(B) | 708861 | 15665823 |
| Old Second Bancorp, Inc. | 355988 | &nbsp;&nbsp;&nbsp;7176718 |
| OP Bancorp | 182412 | &nbsp;&nbsp;&nbsp;2426080 |
| Orange County Bancorp, Inc. | 123187 | &nbsp;&nbsp;&nbsp;3939520 |
| Orrstown Financial Services, Inc. | 87425 | &nbsp;&nbsp;&nbsp;3154294 |
| Pinnacle Financial Partners, Inc. (A)(B) | 176918 | 15239717 |
| Plumas Bancorp | 102634 | &nbsp;&nbsp;&nbsp;5010592 |
| Popular, Inc. | 95336 | 12791231 |
| Private Bancorp of America, Inc. (C) | 129456 | &nbsp;&nbsp;&nbsp;8801713 |
| Provident Financial Holdings, Inc. | 108800 | &nbsp;&nbsp;&nbsp;1753856 |
| QCR Holdings, Inc. | 74384 | &nbsp;&nbsp;&nbsp;6356113 |
| QNB Corp. | 90091 | &nbsp;&nbsp;&nbsp;3601838 |
| Red River Bancshares, Inc. | 55219 | &nbsp;&nbsp;&nbsp;4994006 |
| Regions Financial Corp. | 410978 | 10734745 |
| Renasant Corp. | 310405 | 11214933 |
| River City Bank | 148780 | &nbsp;&nbsp;&nbsp;6211565 |
| Riverview Bancorp, Inc. | 417954 | &nbsp;&nbsp;&nbsp;2298747 |
| SB Financial Group, Inc. | 257156 | &nbsp;&nbsp;&nbsp;5400276 |
| Shore Bancshares, Inc. | 406028 | &nbsp;&nbsp;&nbsp;7584603 |
| Sierra Bancorp | 155938 | &nbsp;&nbsp;&nbsp;5289417 |
| South Atlantic Bancshares, Inc. | 289568 | &nbsp;&nbsp;&nbsp;6515280 |
| Southern Missouri Bancorp, Inc. | 104786 | &nbsp;&nbsp;&nbsp;6700017 |
| SouthState Bank Corp. | 83765 | &nbsp;&nbsp;&nbsp;7749938 |
| SpareBank 1 Nord Norge | 240836 | &nbsp;&nbsp;&nbsp;3882183 |
| SpareBank 1 Sor-Norge ASA | 235524 | &nbsp;&nbsp;&nbsp;5146370 |
| Stock Yards Bancorp, Inc. (A)(B) | 79829 | &nbsp;&nbsp;&nbsp;5291864 |
| The First Bancorp, Inc. | 226174 | &nbsp;&nbsp;&nbsp;6339657 |
| Timberland Bancorp, Inc. | 113266 | &nbsp;&nbsp;&nbsp;4466078 |

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SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT 3

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---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| **Banks (continued)** |  |  |
| TriCo Bancshares | 181956 | &nbsp;&nbsp;&nbsp;$8650188 |
| U.S. Bancorp (A)(B) | 206343 | &nbsp;&nbsp;&nbsp;10731899 |
| United BanCorp of Alabama, Inc., Class A | 168566 | &nbsp;&nbsp;&nbsp;&nbsp;8369302 |
| Virginia National Bankshares Corp. | 86679 | &nbsp;&nbsp;&nbsp;&nbsp;3311138 |
| Walden Mutual (C)(D)(F) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651000 |
| Washington Trust Bancorp, Inc. | 133936 | &nbsp;&nbsp;&nbsp;&nbsp;4481499 |
| White River Bancshares Company (E) | 134640 | &nbsp;&nbsp;&nbsp;&nbsp;7135920 |
| WSFS Financial Corp. | 181019 | &nbsp;&nbsp;&nbsp;11849504 |
| WTB Financial Corp., Class B | 14981 | &nbsp;&nbsp;&nbsp;&nbsp;5677799 |
| Zions Bancorp NA (A)(B) | 198195 | &nbsp;&nbsp;&nbsp;11419996 |
| **Capital markets 5.5%** |  |  |
| Ares Management Corp., Class A (B) | 44987 | &nbsp;&nbsp;&nbsp;&nbsp;4908082 |
| GCM Grosvenor, Inc., Class A | 263497 | &nbsp;&nbsp;&nbsp;&nbsp;2582271 |
| KKR & Company, Inc. (B) | 65878 | &nbsp;&nbsp;&nbsp;&nbsp;6093715 |
| Marex Group PLC (A)(B) | 145046 | &nbsp;&nbsp;&nbsp;&nbsp;6466151 |
| Onex Corp. | 96758 | &nbsp;&nbsp;&nbsp;&nbsp;7061226 |
| Sixth Street Specialty Lending, Inc. (A)(B) | 243843 | &nbsp;&nbsp;&nbsp;&nbsp;4481834 |
| The Carlyle Group, Inc. | 146317 | &nbsp;&nbsp;&nbsp;&nbsp;7080280 |
| **Financial services 1.6%** |  |  |
| Eurazeo SE | 121492 | &nbsp;&nbsp;&nbsp;&nbsp;5753271 |
| Fiserv, Inc. (C) | 95210 | &nbsp;&nbsp;&nbsp;&nbsp;5312718 |
| **Insurance 1.8%** |  |  |
| American Integrity Insurance Group, Inc. | 220779 | &nbsp;&nbsp;&nbsp;&nbsp;4256619 |
| Assured Guaranty, Ltd. (A)(B) | 71190 | &nbsp;&nbsp;&nbsp;&nbsp;5800561 |
| Ethos Technologies, Inc., Class A (C) | 229367 | &nbsp;&nbsp;&nbsp;&nbsp;2562029 |
| **Mortgage real estate investment trusts 0.4%** |  |  |
| Blackstone Mortgage Trust, Inc., Class A | 154080 | &nbsp;&nbsp;&nbsp;&nbsp;2950632 |
| **Real estate 1.1%** |  | &nbsp;&nbsp;&nbsp;**7203995** |
| **Health care REITs 0.7%** |  |  |
| Healthpeak Properties, Inc. | 98333 | &nbsp;&nbsp;&nbsp;&nbsp;1615611 |
| Sila Realty Trust, Inc. | 121300 | &nbsp;&nbsp;&nbsp;&nbsp;2872384 |
| **Specialized REITs 0.4%** |  |  |
| Millrose Properties, Inc., Class A | 97000 | &nbsp;&nbsp;&nbsp;&nbsp;2716000 |
| **Preferred securities 5.4% (4.6% of Total investments)** |  | &nbsp;&nbsp;**$38316902** |
| (Cost $36,137,077) |  |  |
| **Financials 5.2%** |  | **36800402** |
| **Banks 4.9%** | **Banks 4.9%** |  |
| Banc of California, Inc., 7.750% (7.750% to 9-1-27, then 5 Year CMT + 4.820%) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;2237400 |
| CNB Financial Corp., 7.125% | &nbsp;&nbsp;75200 | &nbsp;&nbsp;&nbsp;1861200 |
| Dime Community Bancshares, Inc., 9.000% (9.000% to 7-15-29, then Overnight SOFR + 4.951%) (A)(B) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;2070400 |
| First Busey Corp., 8.250% | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;5058000 |
| First Business Financial Services, Inc., 7.000% (7.000% to 3-15-27, then 3 month CME Term SOFR + 5.390%) (F)(G) | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;3728200 |
| First Merchants Corp., 7.500% | &nbsp;&nbsp;48900 | &nbsp;&nbsp;&nbsp;1241571 |
| Investar Holding Corp., 6.500% (F)(G) | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;6047900 |
| Live Oak Bancshares, Inc., 8.375% | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;3000000 |
| Pinnacle Financial Partners, Inc., 8.397% (8.397% to 7-1-29, then 5 Year CMT + 4.127%) | &nbsp;&nbsp;77222 | &nbsp;&nbsp;&nbsp;1974567 |
| WaFd, Inc., 4.875% (A)(B) | &nbsp;&nbsp;210875 | &nbsp;&nbsp;&nbsp;3399305 |
| Wintrust Financial Corp., 7.875% (7.875% to 7-15-30, then 5 Year CMT + 3.878%) (B) | &nbsp;&nbsp;166700 | &nbsp;&nbsp;&nbsp;4295859 |
| **Mortgage real estate investment trusts 0.3%** | **Mortgage real estate investment trusts 0.3%** |  |
| Redwood Trust, Inc., 9.125% (A)(B) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;1886000 |

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4 JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real estate 0.2%** |  | **$1516500** |
| **Diversified REITs 0.2%** | **Diversified REITs 0.2%** |  |
| CTO Realty Growth, Inc., 6.375% | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;1516500 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Corporate bonds 3.1% (2.7% of Total investments)** | **Corporate bonds 3.1% (2.7% of Total investments)** | **Corporate bonds 3.1% (2.7% of Total investments)** |  | &nbsp;&nbsp;**$22160962** |
| (Cost $21,636,458) |  |  |  |  |
| **Financials 2.8%** | **Financials 2.8%** |  |  | **20042317** |
| **Banks 2.8%** | **Banks 2.8%** | **Banks 2.8%** |  |  |
| ConnectOne Bancorp, Inc. (8.125% to 6-1-30, then 3 month CME Term SOFR + 4.415%) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;06-01-35 | 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;5187500 |
| Flagstar Bank NA (3 month CME Term SOFR + 3.042%) (H) | &nbsp;&nbsp;6.707 | &nbsp;&nbsp;11-06-28 | 3385000 | &nbsp;&nbsp;&nbsp;&nbsp;3290649 |
| Hometown Financial Group, Inc. (G) | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;03-15-27 | 3500000 | &nbsp;&nbsp;&nbsp;&nbsp;3561535 |
| Independent Bank Corp. (7.250% to 4-1-30, then 3 month CME Term SOFR + 3.530%) (A)(B) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;04-01-35 | 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;3124502 |
| QNB Corp. (8.875% to 9-1-29, then 3 month CME Term SOFR + 5.450%) (G) | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;09-01-34 | 2250000 | &nbsp;&nbsp;&nbsp;&nbsp;2356256 |
| University Bancorp, Inc. (8.250% to 1-31-28, then 3 month CME Term SOFR + 4.870%) (G) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;01-31-33 | 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;2521875 |
| **Real estate 0.3%** | **Real estate 0.3%** |  |  | &nbsp;&nbsp;**2118645** |
| **Residential REITs 0.3%** | **Residential REITs 0.3%** | **Residential REITs 0.3%** |  |  |
| BW Real Estate, Inc. (9.500% to 3-30-30, then 5 Year CMT + 5.402%) (G)(I) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;03-30-30 | 2116000 | &nbsp;&nbsp;&nbsp;&nbsp;2118645 |
| **Certificate of deposit 0.0% (0.0% of Total investments)** | **Certificate of deposit 0.0% (0.0% of Total investments)** | **Certificate of deposit 0.0% (0.0% of Total investments)** | **Certificate of deposit 0.0% (0.0% of Total investments)** | &nbsp;&nbsp;**$89612** |
| (Cost $89,612) |  |  |  |  |
| Country Bank for Savings | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-28-26 | 2196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2196 |
| East Boston Savings Bank | &nbsp;&nbsp;2.960 | &nbsp;&nbsp;11-01-27 | 2061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2061 |
| Eastern Savings Bank | &nbsp;&nbsp;0.200 | &nbsp;&nbsp;04-23-27 | 1978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1978 |
| First Bank Richmond NA | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;12-05-28 | 24860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24860 |
| First Federal Savings Bank | &nbsp;&nbsp;3.280 | &nbsp;&nbsp;01-08-27 | 3231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3231 |
| First National Bank | &nbsp;&nbsp;0.400 | &nbsp;&nbsp;06-17-26 | 1379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1379 |
| First Savings Bank of Perkasie | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;04-07-27 | 5280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280 |
| Home National Bank | &nbsp;&nbsp;1.000 | &nbsp;&nbsp;11-06-26 | 23411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23411 |
| Hudson United Bank | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;04-23-27 | 2495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2495 |
| Machias Savings Bank | &nbsp;&nbsp;2.960 | &nbsp;&nbsp;05-29-26 | 2065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065 |
| Midstates Bank NA | &nbsp;&nbsp;0.520 | &nbsp;&nbsp;06-03-26 | 2088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088 |
| Milford Bank Short Term | &nbsp;&nbsp;0.100 | &nbsp;&nbsp;06-11-27 | 1947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947 |
| Milford Federal Savings and Loan Bank | &nbsp;&nbsp;3.200 | &nbsp;&nbsp;04-29-26 | 2202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2202 |
| Mt. McKinley Bank | &nbsp;&nbsp;0.500 | &nbsp;&nbsp;12-02-26 | 1770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1770 |
| MutualOne Bank | &nbsp;&nbsp;1.300 | &nbsp;&nbsp;09-10-27 | 4423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4423 |
| Newburyport Five Cents Savings Bank | &nbsp;&nbsp;3.440 | &nbsp;&nbsp;10-19-26 | 2196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2196 |
| Newtown Savings Bank | &nbsp;&nbsp;3.200 | &nbsp;&nbsp;06-03-26 | 2086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086 |
| Salem Five Bancorp | &nbsp;&nbsp;2.730 | &nbsp;&nbsp;12-18-26 | 1814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1814 |
| Sunshine Federal Savings and Loan Association | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;05-12-27 | 2130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2130 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | **Value** |
| **Short-term investments 0.0% (0.0% of Total investments)** | **Short-term investments 0.0% (0.0% of Total investments)** | **Short-term investments 0.0% (0.0% of Total investments)** | &nbsp;&nbsp;**$88592** |
| (Cost $88,581) |  |  |  |
| **Short-term funds 0.0%** |  |  | &nbsp;&nbsp;&nbsp;**88592** |
| John Hancock Collateral Trust (J) | &nbsp;&nbsp;3.6657(K) | 8858 | &nbsp;&nbsp;&nbsp;&nbsp;88592 |

---

---

| | |
|:---|:---|
| **Total investments (Cost $505,862,481) 117.9%** | **$832875897** |
| **Other assets and liabilities, net (17.9%)** | **(126528863)** |
| **Total net assets 100.0%** | **$706347034** |

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| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| SOFR | Secured Overnight Financing Rate |
| (A) | All or a portion of this security is on loan as of 3-31-26, and is a component of the fund's leverage under the Liquidity Agreement. The value of securities on loan amounted to $116,972,027. |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT 5

------

(B) All or a portion of this security is pledged as collateral pursuant to the Liquidity Agreement. Total collateral value at 3-31-26 was $143,621,069.

(C) Non-income producing security.

(D) Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to fund's investments.

(E) The fund owns 5% or more of the outstanding voting shares of the issuer and the security is considered an affiliate of the fund. For more information on this security refer to the Notes to fund's
investments.

(F) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(G) This security is 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.

(H) Variable rate obligation. The coupon rate shown represents the rate at period end.

(I) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.

(J) Investment is an affiliate of the fund, the advisor and/or subadvisor.

(K) The rate shown is the annualized seven-day yield as of 3-31-26.

6 JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

#### DERIVATIVES

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** |
| **Counterparty (OTC)/<br> Centrally cleared** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Payments<br> made** | &nbsp;&nbsp;**Payments<br> received** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Floating<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| Centrally cleared | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.356% | &nbsp;&nbsp;&nbsp;&nbsp;USD Compounded SOFR<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;May 2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(33019) | &nbsp;&nbsp;&nbsp;&nbsp;$(33019) |
| Centrally cleared | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 1.220% | &nbsp;&nbsp;&nbsp;&nbsp;USD Compounded SOFR<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Mar 2030 | &nbsp;&nbsp;&nbsp;&nbsp;$(2582) | &nbsp;&nbsp;&nbsp;&nbsp;1478628 | &nbsp;&nbsp;&nbsp;&nbsp;1476046 |
| Centrally cleared | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 1.136% | &nbsp;&nbsp;&nbsp;&nbsp;USD Compounded SOFR<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Mar 2030 | &nbsp;&nbsp;&nbsp;&nbsp;(4126) | &nbsp;&nbsp;&nbsp;&nbsp;2539979 | &nbsp;&nbsp;&nbsp;&nbsp;2535853 |
| Centrally cleared | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 1.077% | &nbsp;&nbsp;&nbsp;&nbsp;USD Compounded SOFR<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Mar 2030 | &nbsp;&nbsp;&nbsp;&nbsp;(4056) | &nbsp;&nbsp;&nbsp;&nbsp;2593903 | &nbsp;&nbsp;&nbsp;&nbsp;2589847 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**$(10764)** | &nbsp;&nbsp;**$6579491** | &nbsp;&nbsp;**$6568727** |

---

<sup>(a)</sup> At 3-31-26, the overnight SOFR was 3.680%.

---

| | |
|:---|:---|
| **Derivatives Currency Abbreviations** | **Derivatives Currency Abbreviations** |
| USD | U.S. Dollar |

---

---

| | |
|:---|:---|
| **Derivatives Abbreviations** | **Derivatives Abbreviations** |
| OTC | Over-the-counter |
| SOFR | Secured Overnight Financing Rate |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND \| QUARTERLY REPORT 7

------

Notes to Fund's investments (unaudited)

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Swaps are generally valued using evaluated prices obtained from an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of March 31, 2026, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 3-31-26** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** | **Investments in securities:** | **Investments in securities:** |  |  |
| **Assets** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banks | **$699706445** | $679278952 | $12461853 | $7965640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital markets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**38673559** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38673559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11065989** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5312718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5753271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12619209** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12619209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage real estate investment trusts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2950632** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real estate** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care REITs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4487995** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4487995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Specialized REITs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2716000** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2716000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Preferred securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34914402** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25138302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9776100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage real estate investment trusts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1886000** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1886000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real estate** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified REITs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1516500** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1516500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Corporate bonds** | **22160962** |  | 22160962 |  |
| **Certificate of deposit** | **89612** |  | 89612 |  |
| **Short-term investments** | **88592** | 88592 |  |  |
| **Total investments in securities** | **$832875897** | **$774668459** | **$40465698** | **$17741740** |

---

---

| | |
|:---|:---|
| 8 | \| |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 3-31-26** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **(continued)** |  |  |  |  |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Swap contracts | **$6601746** |  | $6601746 |  |
| **Liabilities** |  |  |  |  |
| Swap contracts | **(33019)** |  | (33019) |  |

---

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. Transfers into or out of Level 3, if any, represent the beginning value of any security or instrument where a change in the level has occurred from the beginning to the end of the period and in all cases were transferred into or out of Level 2.

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Common<br> stocks** | &nbsp;&nbsp;&nbsp;**Preferred<br> securities** | &nbsp;&nbsp;&nbsp;**Total** |
| Balance as of 12-31-25 | &nbsp;&nbsp;&nbsp;&nbsp;$607000 | &nbsp;&nbsp;$9987260 | &nbsp;&nbsp;$10594260 |
| Realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(211160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147543 |
| Purchases | &nbsp;&nbsp;&nbsp;&nbsp;6999937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6999937 |
| Sales | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Transfers into Level 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Transfers out of Level 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Balance as of 3-31-26** | &nbsp;&nbsp;**$7965640** | &nbsp;&nbsp;**$9776100** | &nbsp;&nbsp;**$17741740** |
| Change in unrealized appreciation (depreciation) at period end<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$358703 | &nbsp;&nbsp;&nbsp;$(211160) | &nbsp;&nbsp;&nbsp;&nbsp;$147543 |

---

<sup>1</sup> Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end.

The valuation techniques and significant amounts of unobservable inputs used in the fair value measurement of the fund's Level 3 securities are outlined in the table below.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Fair Value<br> at 3-31-26** | &nbsp;&nbsp;&nbsp;**Valuation technique** | &nbsp;&nbsp;&nbsp;**Significant<br> unobservable inputs** | &nbsp;&nbsp;&nbsp;**Input/Range\*** | &nbsp;&nbsp;&nbsp;**Input weighted average\*** |
| Common Stocks | &nbsp;&nbsp;$7965640 | &nbsp;&nbsp;Market Comparable | &nbsp;&nbsp;Price/Book Value multiple<br> Discount | &nbsp;&nbsp;1.09x - 1.22x<br> 10.00% - 14.00% | &nbsp;&nbsp;1.10x<br> 10.33% |
| Preferred Securities | &nbsp;&nbsp;$3728200 | &nbsp;&nbsp;Market Comparable | &nbsp;&nbsp;Benchmark Yield to Call<br> Implied OAS spread | &nbsp;&nbsp;10.33%<br> 6.54% | &nbsp;&nbsp;10.33%<br> 6.54% |
|  | &nbsp;&nbsp;$6047900 | &nbsp;&nbsp;Discounted cash flow | &nbsp;&nbsp;Discount | &nbsp;&nbsp;15.77% | &nbsp;&nbsp;15.77% |
|  | &nbsp;&nbsp;$9776100 |  |  |  |  |
| **Total** | &nbsp;&nbsp;**$17741740** |  |  |  |  |

---

\*A weighted average is an average in which each input in the grouping is assigned a weighting before summing to a single average value. The weighting of the input is determined based on a security's fair value as a percentage of the total fair value.

A change to unobservable inputs of the fund's Level 3 securities as of March 31, 2026 could have resulted in changes to the fair value measurement, as follows:

---

| | | |
|:---|:---|:---|
| **Significant Unobservable Input** | &nbsp;&nbsp;&nbsp;**Impact to Valuation<br> if input had increased** | &nbsp;&nbsp;&nbsp;**Impact to Valuation<br> if input had decreased** |
| Benchmark Yield to Call | &nbsp;&nbsp;Decrease | &nbsp;&nbsp;Increase |
| Discount | &nbsp;&nbsp;Decrease | &nbsp;&nbsp;Increase |
| Implied OAS spread | &nbsp;&nbsp;Decrease | &nbsp;&nbsp;Increase |
| Price/Book Value multiple | &nbsp;&nbsp;Increase | &nbsp;&nbsp;Decrease |

---

**Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 8858 | $6513879 | $26912448 | $(33335012) | $(2744) | $21 | $54407 |  | $88592 |

---

\|<sub>9</sub>

------

**Restricted securities. The fund may hold restricted securities which are restricted as to resale and the fund has limited rights to registration under the Securities Act of 1933. Disposal may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. The following table summarizes the restricted securities held at March 31, 2026:**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Issuer,<br> Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Original<br> acquisition date** | &nbsp;&nbsp;&nbsp;&nbsp;**Acquisition<br> cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Beginning<br> share<br> amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares<br> purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares<br> sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Ending<br> share<br> amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value as a<br> percentage of<br> net assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Ending<br> value** |
| Coastal Carolina Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2-18-25 | &nbsp;&nbsp;&nbsp;&nbsp;$3250000 | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;0.5% | &nbsp;&nbsp;&nbsp;&nbsp;$3433300 |
| Leader Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3-20-26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6999937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;58823 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58823 | &nbsp;&nbsp;&nbsp;&nbsp;1.0% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7314640 |
| Walden Mutual | &nbsp;&nbsp;&nbsp;&nbsp;9-1-22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;0.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651000 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$11398940** |

---

**Transactions in securities of affiliated issuers. Affiliated issuers, as defined by the 1940 Act, are those in which the fund's holdings of an issuer represent 5% or more of the outstanding voting securities of the issuer. A summary of the fund's transactions in the securities of these issuers during the period ended March 31, 2026, is set forth below:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | &nbsp;&nbsp;**Dividends and distributions** | &nbsp;&nbsp;**Dividends and distributions** |  |
| **Affiliate** | &nbsp;&nbsp;**Ending<br> share<br> amount** | &nbsp;&nbsp;**Beginning<br> value** | &nbsp;&nbsp;**Cost of<br> purchases** | &nbsp;&nbsp;**Proceeds<br> from shares<br> sold** | &nbsp;&nbsp;**Realized<br> gain<br> (loss)** | &nbsp;&nbsp;**Change in<br> unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Income<br> distributions<br> received** | &nbsp;&nbsp;**Capital gain<br> distributions<br> received** | &nbsp;&nbsp;**Ending<br> value** |
| First Reliance Bancshares, Inc. | &nbsp;&nbsp;426454 | &nbsp;&nbsp;$5228326 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$699385 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$5927711 |
| White River Bancshares Company | &nbsp;&nbsp;134640 | &nbsp;&nbsp;&nbsp;&nbsp;6663334 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472586 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7135920 |
|  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$1171971** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$13063631** |

---

For additional information on the fund's significant accounting policies and risks, please refer to the fund's most recent semiannual or annual shareholder report and prospectus.

---

| | |
|:---|:---|
| 10 | \| |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** John Hancock Financial Opportunities Fund

- **b. Investment Company Act file number:** 811-08568

- **c. CIK number of Registrant:** 0000925683

- **d. LEI of Registrant:** 549300GAIJWXWTEVVK15

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 Berkeley Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-543-9634

**Item A.2. Information about the Series.**

- **a. Name of Series:** John Hancock Financial Opportunities Fund

- **c. LEI of Series:** 549300GAIJWXWTEVVK15

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $836796180.18

**Total Liabilities:** $131028349.63

**Net Assets:** $705767830.55

**Cash Not Reported:** $10.80

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -12.663878000000 | **1-Year:** -745.119162000000 | **5-Year:** -2302.593204000000 | **10-Year:** -18.174660000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -27.769276000000 | **1-Year:** -1710.994599000000 | **5-Year:** -2767.700937000000 | **10-Year:** -1473.332029000000 | **30-Year:** -2229.092828000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 6.98%                | -4.98%               | 2.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1105371.26              | $34327331.46                               |
| Month 2  | $1072418.60              | $-17929463.17                              |
| Month 3  | $8783511.30              | $-25716499.52                              |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                            | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Timberland Bancorp Inc.                         | TIMBERLAND BANCORP INC/WA COMMON STOCK USD.01               | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113266 | NS      | $4466078.38   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                    | US BANCORP COMMON STOCK USD.01                              | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    206343 | NS      | $10731899.43  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ChoiceOne Financial Services Inc.               | CHOICEONE FINANCIAL SERVICES I COMMON STOCK                 | CUSIP: 170386106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98216 | NS      | $2761833.92   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bancorporation of Alabama Inc.           | UNITED BANCORP OF ALABAMA INC COMMON STOCK USD.01           | CUSIP: 90944R100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168566 | NS      | $8369301.90   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Affinity Bank Inc                               | NEWTON SAVINGS BANK SHORT TERM                              | CUSIP: 912BLC004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2086 | PA      | $2086.14      | 0.00%             | 2026-06-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Civista Bancshares Inc.                         | CIVISTA BANCSHARES INC COMMON STOCK                         | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |    250733 | NS      | $5714205.07   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Carolina Bancshares Inc.                | COASTAL CAROLINA BANCSHARES IN COMMON STOCK                 | CUSIP: 190435107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $417000.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corporation                   | COASTAL FINANCIAL CORP/WA COMMON STOCK                      | CUSIP: 19046P209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114431 | NS      | $8708199.10   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Federal Savings and Loan Bank             | FIRST FEDERAL SAVINGS BANK 00000000 00000.0000000000        | CUSIP: 912BLD002<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3231 | PA      | $3230.56      | 0.00%             | 2027-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILFORD BANK SHORT TERM                         | MILFORD BANK SHORT TERM                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1947 | PA      | $1946.69      | 0.00%             | 2027-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hudson City Savings Bank                        | HUDSON SAVINGS 00000000 00000.0000000000                    | CUSIP: 912BUE000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2495 | PA      | $2494.66      | 0.00%             | 2027-04-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Home Banking Company                            | HOME BANK 00000000 00000.0000000000                         | CUSIP: 912BUF007<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23411 | PA      | $23410.82     | 0.00%             | 2026-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| University Bancorp Inc.                         | UNIVERSITY BANCORP INC/ANN ARB SUBORDINATED 144A 01/33 VAR  | CUSIP: 914090AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2521875.00   | 0.36%             | 2033-01-31      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| First Bank Richmond                             | FIRST BANK RICHMOND 00000000 00000.0000000000               | CUSIP: 916BLH009<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24860 | PA      | $24859.68     | 0.00%             | 2028-12-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia National Bankshares Corporation        | VIRGINIA NATIONAL BANKSHARES C COMMON STOCK USD2.5          | CUSIP: 928031103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86679 | NS      | $3311137.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Oba Federal Savings and Loan Association        | OBA FEDERAL SAVINGS + LOAN CD 00000000 00000.0000000000     | CUSIP: 465992006<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1379 | PA      | $1379.14      | 0.00%             | 2026-06-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KKR and Co. Inc.                                | KKR and CO INC COMMON STOCK USD.01                          | CUSIP: 48251W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65878 | NS      | $6093715.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                         | KEYCORP COMMON STOCK USD1.0                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    434830 | NS      | $8718341.50   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Landmark Bancorp Inc.                           | LANDMARK BANCORP INC/MANHATTAN COMMON STOCK USD.01          | CUSIP: 51504L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138666 | NS      | $3438916.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ledyard Financial Group Inc.                    | LEDYARD FINANCIAL GROUP INC COMMON STOCK                    | CUSIP: 523338101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155104 | NS      | $2641421.12   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc.                        | LIVE OAK BANCSHARES INC COMMON STOCK                        | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110051 | NS      | $3639386.57   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc.                        | LIVE OAK BANCSHARES INC PREFERRED STOCK 8.375               | CUSIP: 53803X402<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    120000 | NS      | $3000000.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MandT Bank Corporation                          | MandT BANK CORP COMMON STOCK USD.5                          | CUSIP: 55261F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57035 | NS      | $11790275.20  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Machias Savings Bank                            | MACHIAL SAVINGS BANK SHORT TERM                             | CUSIP: 55499Z9Y2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2065 | PA      | $2064.54      | 0.00%             | 2026-05-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colony Bankcorp Inc.                            | COLONY BANKCORP INC COMMON STOCK USD1.0                     | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97517 | NS      | $1947414.49   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.                    | COLUMBIA BANKING SYSTEM INC COMMON STOCK                    | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    318953 | NS      | $8748880.79   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CTO Realty Growth Inc.                          | CTO RLTY GROWTH INC NEW PREFERRED STOCK                     | CUSIP: 22948Q200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     75000 | NS      | $1516500.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc.                       | CULLEN/FROST BANKERS INC COMMON STOCK USD.01                | CUSIP: 229899109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84232 | NS      | $11546522.56  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc.                  | DIME COMMUNITY BANCSHARES INC COMMON STOCK USD.01           | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219054 | NS      | $7408406.28   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc.                  | DIME COMMUNITY BANCSHARES INC PREFERRED STOCK 07/34 VAR     | CUSIP: 25432X300<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     80000 | NS      | $2070400.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Montana Inc.                      | EAGLE BANCORP MONTANA INC COMMON STOCK USD.01               | CUSIP: 26942G100<br>LEI: 549300P2SVRIY3YU1412 | Long             | EC               | CORP              | US        |    155751 | NS      | $3205355.58   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc.                          | EAST WEST BANCORP INC COMMON STOCK USD.001                  | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56285 | NS      | $6008986.60   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares Inc.                         | EASTERN BANKSHARES INC COMMON STOCK USD.01                  | CUSIP: 27627N105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    410229 | NS      | $8024079.24   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Bancshares Inc.                          | EQUITY BANCSHARES INC COMMON STOCK USD.01                   | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |    169613 | NS      | $7532513.33   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethos Technologies Inc.                         | ETHOS TECHNOLOGIES INC COMMON STOCK USD.0001                | CUSIP: 29765A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    229367 | NS      | $2562029.39   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers and Merchants Bancorp Inc.              | FARMERS and MERCHANTS BANCORP IN COMMON STOCK               | CUSIP: 30779N105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114822 | NS      | $2947480.74   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers National Banc Corp.                     | FARMERS NATIONAL BANC CORP COMMON STOCK                     | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196145 | NS      | $2581268.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                     | FIRST MERCHANTS CORP PREFERRED STOCK 7.5                    | CUSIP: 320817208<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EP               | CORP              | US        |     48900 | NS      | $1241571.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Milford Federal Bank                            | MILFORD FEDERAL SAVINGS + LOAN 00000000 00000.0000000000    | CUSIP: 56099E004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2202 | PA      | $2202.31      | 0.00%             | 2026-04-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hancock Whitney Corporation                     | HANCOCK WHITNEY CORP COMMON STOCK USD3.33                   | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |    182751 | NS      | $11621136.09  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc.                      | HEALTHPEAK PROPERTIES INC REIT USD1.0                       | CUSIP: 42250P103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98333 | NS      | $1615611.19   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp                          | HERITAGE COMMERCE CORP COMMON STOCK                         | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    513678 | NS      | $6410701.44   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corporation                  | HERITAGE FINANCIAL CORP/WA COMMON STOCK                     | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90346 | NS      | $2348996.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| South Atlantic Bancshares Inc.                  | SOUTH ATLANTIC BANCSHARES INC COMMON STOCK                  | CUSIP: 83636T104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    289568 | NS      | $6515280.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| California BanCorp                              | CALIFORNIA BANCORP COMMON STOCK USD.01                      | CUSIP: 84252A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    455317 | NS      | $8068217.24   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc.                  | SOUTHERN MISSOURI BANCORP INC COMMON STOCK USD.01           | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104786 | NS      | $6700016.84   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Bank Corporation                     | SOUTHSTATE BANK CORP COMMON STOCK USD2.5                    | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     83765 | NS      | $7749937.80   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SB Financial Group Inc.                         | SB FINANCIAL GROUP INC COMMON STOCK                         | CUSIP: 78408D105<br>LEI: 54930028E6P8OT8CTV58 | Long             | EC               | CORP              | US        |    257156 | NS      | $5400276.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Salem Five Cents Savings Bank                   | SALEM FIVE CENTS SVGS BK 20201217 00000.0000000000          | CUSIP: 794994004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1814 | PA      | $1813.80      | 0.00%             | 2026-12-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Shore Bancshares Inc.                           | SHORE BANCSHARES INC COMMON STOCK USD.01                    | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    406028 | NS      | $7584603.04   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                                  | SIERRA BANCORP COMMON STOCK                                 | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155938 | NS      | $5289416.96   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Specialty Lending Inc.             | SIXTH STREET SPECIALTY LENDING COMMON STOCK USD.01          | CUSIP: 83012A109<br>LEI: 549300TX61566GJWCN05 | Long             | EC               | CORP              | US        |    243843 | NS      | $4481834.34   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpine Banks of Colorado                        | ALPINE BANKS OF COLORADO COMMON STOCK                       | CUSIP: 020810107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173462 | NS      | $8291483.60   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Business Bank                          | AMERICAN BUSINESS BANK COMMON STOCK                         | CUSIP: 02475L105<br>LEI: 549300OQ7NQEKOCGWF54 | Long             | EC               | CORP              | US        |     83455 | NS      | $5921132.25   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| American Riviera Bancorp.                       | AMERICAN RIVIERA BANCORP COMMON STOCK                       | CUSIP: 02933K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228717 | NS      | $5397721.20   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BW Real Estate Inc.                             | BW REAL ESTATE INC SR UNSECURED 144A 12/99 VAR              | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2116000 | PA      | $2118645.00   | 0.30%             | 2030-03-30      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| Banc of California Inc.                         | BANC OF CALIFORNIA INC PREFERRED STOCK VAR                  | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |     90000 | NS      | $2237400.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp                           | BANK OF MARIN BANCORP COMMON STOCK                          | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    214375 | NS      | $5494431.25   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank7 Corp.                                     | BANK7 CORP COMMON STOCK USD.01                              | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116363 | NS      | $4640556.44   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corporation                              | BANNER CORP COMMON STOCK USD.01                             | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53428 | NS      | $3242011.04   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bar Harbor Bankshares                           | BAR HARBOR BANKSHARES COMMON STOCK USD2.0                   | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169840 | NS      | $5511308.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                                     | BAYCOM CORP COMMON STOCK                                    | CUSIP: 07272M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150123 | NS      | $4462406.18   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust Inc.                  | BLACKSTONE MORTGAGE TRUST INC REIT USD.01                   | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |    154080 | NS      | $2950632.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc.                        | STOCK YARDS BANCORP INC COMMON STOCK                        | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |     79829 | NS      | $5291864.41   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunshine Bancorp Inc.                           | SUNSHINE FEDERAL SAVINGS 00000000 00000.0000000000          | CUSIP: 86799Q9R9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2130 | PA      | $2129.51      | 0.00%             | 2027-05-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc.                   | CITIZENS FINANCIAL GROUP INC COMMON STOCK USD.01            | CUSIP: 174610105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    198519 | NS      | $11905184.43  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Community Bancorp Inc                  | CITIZENS COMMUNITY BANCORP INC COMMON STOCK USD.01          | CUSIP: 174903104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169116 | NS      | $3348496.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                | TRICO BANCSHARES COMMON STOCK                               | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    181956 | NS      | $8650188.24   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hometown Financial Group Inc.                   | HOMETOWN FINANCIAL GROUP INC/M SR UNSECURED 144A 03/27 8.75 | CUSIP: 43789TAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3561534.97   | 0.50%             | 2027-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| American Integrity Insurance Group Inc.         | AMERICAN INTEGRITY INSURANCE G COMMON STOCK USD.001         | CUSIP: 026948109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220779 | NS      | $4256619.12   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                  | AMERIS BANCORP COMMON STOCK USD1.0                          | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    146987 | NS      | $11463516.13  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp Inc.                            | HORIZON BANCORP INC/IN COMMON STOCK                         | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |    505196 | NS      | $8371097.72   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated              | HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01            | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    655503 | NS      | $10258621.95  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| InBankshares Corp                               | INBANKSHARES CORP COMMON STOCK                              | CUSIP: 45332V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207676 | NS      | $2409041.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                          | INDEPENDENT BANK CORP COMMON STOCK USD.01                   | CUSIP: 453836108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130022 | NS      | $9778954.62   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                          | INDEPENDENT BANK CORP SUBORDINATED 04/35 VAR                | CUSIP: 453836AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3124502.19   | 0.44%             | 2035-04-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Independent Bank Corporation                    | INDEPENDENT BANK CORP/MI COMMON STOCK USD1.0                | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163971 | NS      | $5460234.30   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Private Bancorp of America Inc.                 | PRIVATE BANCORP OF AMERICA INC COMMON STOCK                 | CUSIP: 74274F100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129456 | NS      | $8801713.44   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Holdings Inc.               | PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK USD.01          | CUSIP: 743868101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108800 | NS      | $1753856.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corporation                     | ARES MANAGEMENT CORP COMMON STOCK                           | CUSIP: 03990B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44987 | NS      | $4908081.70   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidbank Holdings Inc.                          | AVIDBANK HOLDINGS INC COMMON STOCK                          | CUSIP: 05368J103<br>LEI: 54930029UJ8M0B84EE44 | Long             | EC               | CORP              | US        |    257070 | NS      | $7326495.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| QNB Corp.                                       | QNB CORP COMMON STOCK USD.625                               | CUSIP: 74726N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90091 | NS      | $3601838.18   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| QNB Corp.                                       | QNB CORP SUB NOTES 144A 09/34 VAR                           | CUSIP: 74726NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2356255.67   | 0.33%             | 2034-09-01      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| QCR Holdings Inc.                               | QCR HOLDINGS INC COMMON STOCK USD1.0                        | CUSIP: 74727A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74384 | NS      | $6356112.80   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Red River Bancshares Inc.                       | RED RIVER BANCSHARES INC COMMON STOCK                       | CUSIP: 75686R202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55219 | NS      | $4994006.36   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc.                              | REDWOOD TRUST INC PREFERRED STOCK 03/30 9.125               | CUSIP: 758075865<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |     80000 | NS      | $1886000.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                   | REGIONS FINANCIAL CORP COMMON STOCK USD.01                  | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    410978 | NS      | $10734745.36  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corporation                            | RENASANT CORP COMMON STOCK USD5.0                           | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    310405 | NS      | $11214932.65  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| River City Bank                                 | RIVER CITY BANK COMMON STOCK                                | CUSIP: 76803X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148780 | NS      | $6211565.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Riverview Bancorp Inc.                          | RIVERVIEW BANCORP INC COMMON STOCK USD.01                   | CUSIP: 769397100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    417954 | NS      | $2298747.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                            | OLD NATIONAL BANCORP/IN COMMON STOCK                        | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    708861 | NS      | $15665828.10  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp Inc.                         | OLD SECOND BANCORP INC COMMON STOCK USD1.0                  | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |    355988 | NS      | $7176718.08   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Onex Corporation                                | ONEX CORP COMMON STOCK                                      | CUSIP: 68272K103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     96758 | NS      | $7061226.48   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sila Realty Trust Inc.                          | SILA REALTY TRUST INC REIT USD.01                           | CUSIP: 146280508<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121300 | NS      | $2872384.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.                 | CENTRAL PACIFIC FINANCIAL CORP COMMON STOCK                 | CUSIP: 154760409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144201 | NS      | $4608663.96   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemung Financial Corporation                   | CHEMUNG FINANCIAL CORP COMMON STOCK USD.01                  | CUSIP: 164024101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72763 | NS      | $3916104.66   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc.                         | CONNECTONE BANCORP INC SUBORDINATED 06/35 VAR               | CUSIP: 20786WAF4<br>LEI: 549300E2M5ZYAZKUK134 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5187500.00   | 0.74%             | 2035-06-01      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Flushing Financial Corporation                  | FLUSHING FINANCIAL CORP COMMON STOCK USD.01                 | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    224972 | NS      | $3455569.92   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GCM Grosvenor Inc.                              | GCM GROSVENOR INC COMMON STOCK USD.0001                     | CUSIP: 36831E108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    263497 | NS      | $2582270.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp Inc.                    | GERMAN AMERICAN BANCORP INC COMMON STOCK                    | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |    124124 | NS      | $5187141.96   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp Inc.                            | GLACIER BANCORP INC COMMON STOCK USD.01                     | CUSIP: 37637Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165000 | NS      | $7370550.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Southern Bancorp Inc.                     | GREAT SOUTHERN BANCORP INC COMMON STOCK USD.01              | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |     40257 | NS      | $2541424.41   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial Inc.                              | HBT FINANCIAL INC COMMON STOCK USD.01                       | CUSIP: 404111106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    209443 | NS      | $5596316.96   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation National Association       | ZIONS BANCORP NA COMMON STOCK USD.001                       | CUSIP: 989701107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    198195 | NS      | $11419995.90  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CSTL CRLNA BNC D                                | CSTL CRLNA BNC D                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    260000 | NS      | $3433300.00   | 0.49%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Leader Bancorp Inc.                             | LEADER BANCORP INC                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     58823 | NS      | $7314640.05   | 1.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SpareBank 1 Nord-Norge                          | SPAREBANK 1 NORD NORGE COMMON STOCK NOK18.0                 | CUSIP: B06T25907<br>LEI: N/A                  | Long             | EC               | CORP              | NO        |    240836 | NS      | $3882182.58   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| SpareBank 1 Sor-Norge ASA                       | SPAREBANK 1 SOR-NORGE ASA COMMON STOCK NOK25.0              | CUSIP: B40JTQ902<br>LEI: 549300Q3OIWRHQUQM052 | Long             | EC               | CORP              | NO        |    235524 | NS      | $5146370.30   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Assured Guaranty Ltd.                           | ASSURED GUARANTY LTD COMMON STOCK USD.01                    | CUSIP: G0585R106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     71190 | NS      | $5800561.20   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group plc                                 | MAREX GROUP PLC COMMON STOCK                                | CUSIP: G5S37H101<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    145046 | NS      | $6466150.68   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| JH COLLATERAL                                   | JH COLLATERAL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |      8856 | NS      | $88574.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ACNB Corporation                                | ACNB CORP COMMON STOCK USD2.5                               | CUSIP: 000868109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71324 | NS      | $3414279.88   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Investar Holding Corporation                    | INVESTAR HOLDING CORP PREFERRED STOCK 6.5                   | CUSIP: 46134L204<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5000 | NS      | $6047900.00   | 0.86%             |  |  |  | No            |                  3 | On Loan: No      |
| MetroCity Bankshares Inc.                       | METROCITY BANKSHARES INC COMMON STOCK                       | CUSIP: 59165J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80596 | NS      | $2310687.32   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp Inc.                           | MID PENN BANCORP INC COMMON STOCK USD1.0                    | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104181 | NS      | $3350460.96   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.                        | MILLROSE PROPERTIES INC REIT USD.01                         | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97000 | NS      | $2716000.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MT MCKINLEY BANK                                | MT MCKINLEY BANK                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1770 | PA      | $1769.75      | 0.00%             | 2026-12-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NBT Bancorp Inc.                                | NBT BANCORP INC COMMON STOCK USD.01                         | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    167805 | NS      | $7145136.90   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank N.A                               | FLAGSTAR BANK NA SUBORDINATED 11/28 VAR                     | CUSIP: 649445AC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3385000 | PA      | $3290648.54   | 0.47%             | 2028-11-06      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| Newburyport Five Cents Bancorp Inc.             | NEWBURYPORT FIVE CENT SVGS BK CD                            | CUSIP: 65199C008<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2196 | PA      | $2196.23      | 0.00%             | 2026-10-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nicolet Bankshares Inc.                         | NICOLET BANKSHARES INC COMMON STOCK USD.01                  | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77030 | NS      | $11448198.60  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp Inc.                           | NORTHRIM BANCORP INC COMMON STOCK USD1.0                    | CUSIP: 666762109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    369612 | NS      | $8456722.56   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwood Financial Corp                          | NORWOOD FINANCIAL CORP COMMON STOCK USD.1                   | CUSIP: 669549107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78289 | NS      | $2303262.38   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| OP Bancorp                                      | OP BANCORP COMMON STOCK                                     | CUSIP: 67109R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182412 | NS      | $2426079.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ohio Valley Banc Corp.                          | OHIO VALLEY BANC CORP COMMON STOCK USD1.0                   | CUSIP: 677719106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70250 | NS      | $3081165.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                             | FIFTH THIRD BANCORP COMMON STOCK                            | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    227855 | NS      | $10586143.30  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| The First Bancorp Inc.                          | FIRST BANCORP INC/THE COMMON STOCK USD.01                   | CUSIP: 31866P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    226174 | NS      | $6339657.22   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corporation                         | FIRST BUSEY CORP PREFERRED STOCK 8.25                       | CUSIP: 319383600<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EP               | CORP              | US        |    200000 | NS      | $5058000.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.          | FIRST BUSINESS FINANCIAL SERVI COMMON STOCK USD.01          | CUSIP: 319390100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91858 | NS      | $4953901.94   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.          | FIRST BUSINESS FINANCIAL SUBORDINATED 144A 12/99 VAR        | CUSIP: 319390209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      4000 | NS      | $3728200.00   | 0.53%             |  |  |  | No            |                  3 | On Loan: No      |
| First Citizens BancShares Inc.                  | FIRST CITIZENS BANCSHARES INC/ COMMON STOCK USD1.0          | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      2688 | NS      | $5065966.08   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corporation        | FIRST COMMONWEALTH FINANCIAL C COMMON STOCK USD1.0          | CUSIP: 319829107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    249243 | NS      | $4381691.94   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community Corporation                     | FIRST COMMUNITY CORP/SC COMMON STOCK USD1.0                 | CUSIP: 319835104<br>LEI: 549300TC167ECI9SMC70 | Long             | EC               | CORP              | US        |    132912 | NS      | $3885017.76   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                        | FIRST FINANCIAL BANCORP COMMON STOCK                        | CUSIP: 320209109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    311817 | NS      | $8693457.96   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation                       | FIRST HORIZON CORP COMMON STOCK USD.625                     | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    325059 | NS      | $7398342.84   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                     | FIRST MERCHANTS CORP COMMON STOCK                           | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    150025 | NS      | $5810468.25   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange County Bancorp Inc.                      | ORANGE COUNTY BANCORP INC COMMON STOCK USD.25               | CUSIP: 68417L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123187 | NS      | $3939520.26   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Orrstown Financial Services Inc.                | ORRSTOWN FINANCIAL SERVICES IN COMMON STOCK                 | CUSIP: 687380105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87425 | NS      | $3154294.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurazeo                                         | EURAZEO SE COMMON STOCK                                     | CUSIP: 704239904<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |    121492 | NS      | $5753270.76   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Pinnacle Financial Partners Inc.                | PINNACLE FINANCIAL PARTNERS IN COMMON STOCK USD1.0          | CUSIP: 72348N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    176918 | NS      | $15239716.52  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.                | PINNACLE FINANCIAL PARTNERS IN PREFERRED STOCK VAR          | CUSIP: 72348N307<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     77222 | NS      | $1974566.54   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Plumas Bancorp                                  | PLUMAS BANCORP COMMON STOCK                                 | CUSIP: 729273102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102634 | NS      | $5010591.88   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bank                                    | EASTERN BANK 00000000 00000.0000000000                      | CUSIP: 73099E009<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1978 | PA      | $1978.08      | 0.00%             | 2027-04-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Popular Inc.                                    | POPULAR INC COMMON STOCK USD.01                             | CUSIP: 733174700<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     95336 | NS      | $12791231.12  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corporation                      | WSFS FINANCIAL CORP COMMON STOCK USD.01                     | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    181019 | NS      | $11849503.74  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| W.T.B. Financial Corporation                    | WTB FINANCIAL CORP COMMON STOCK                             | CUSIP: 929334209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14981 | NS      | $5677799.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MutualOne Bank                                  | MUTUAL ONE BANK 99E0FT5C3                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      4423 | PA      | $4422.55      | 0.00%             | 2027-09-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Midstates Bank National Association             | MIDSTATES BANK NA 99G44VDE7                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      2088 | PA      | $2087.79      | 0.00%             | 2026-06-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WaFd Inc.                                       | WAFD INC PREFERRED STOCK 4.875                              | CUSIP: 938824307<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    210875 | NS      | $3399305.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp Inc.                   | WASHINGTON TRUST BANCORP INC COMMON STOCK USD.0625          | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |    133936 | NS      | $4481498.56   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| East Boston Savings Bank                        | EAST BOSTON SAVINGS BANK PPE6L2G55                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      2061 | PA      | $2060.76      | 0.00%             | 2027-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WALDEN MUTUAL                                   | WALDEN MUTUAL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    100000 | NS      | $651000.00    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FIRST SAVINGS BANK OF PERKASIE 0.74  04 07 2025 | FIRST SAVINGS BANK OF PERKASIE 0.74  04 07 2025             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      5280 | PA      | $5279.82      | 0.00%             | 2027-04-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Country Bank for Savings                        | COUNTRY BANK FOR SAVINGS PPGKJNJA5                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      2196 | PA      | $2196.46      | 0.00%             | 2026-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| White River Bancshares Co                       | WHITE RIVER BANCSHARES CO COMMON STOCK                      | CUSIP: 96445A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134640 | NS      | $7135920.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Bancorp.                              | COMMUNITY BANCORP/VT COMMON STOCK USD2.5                    | CUSIP: 20343A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61707 | NS      | $1919087.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corporation                     | CAMDEN NATIONAL CORP COMMON STOCK                           | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     90567 | NS      | $4297404.15   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| The Carlyle Group Inc.                          | CARLYLE GROUP INC/THE COMMON STOCK USD1.0                   | CUSIP: 14316J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    146317 | NS      | $7080279.63   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc.                  | BUSINESS FIRST BANCSHARES INC COMMON STOCK USD1.0           | CUSIP: 12326C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182458 | NS      | $4933664.32   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CandF Financial Corporation                     | CandF FINANCIAL CORP COMMON STOCK USD1.0                    | CUSIP: 12466Q104<br>LEI: 549300VFPAZLNS1R0361 | Long             | EC               | CORP              | US        |     37912 | NS      | $2765301.28   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CB Financial Services Inc.                      | CB FINANCIAL SERVICES INC COMMON STOCK                      | CUSIP: 12479G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57155 | NS      | $1953557.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corporation                       | CNB FINANCIAL CORP/PA COMMON STOCK                          | CUSIP: 126128107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80835 | NS      | $2340981.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corporation                       | CNB FINANCIAL CORP/PA PREFERRED STOCK 7.125                 | CUSIP: 126128206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     75200 | NS      | $1861200.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                             | CVB FINANCIAL CORP COMMON STOCK                             | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222784 | NS      | $4319781.76   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FFB Bancorp                                     | FFB BANCORP COMMON STOCK                                    | CUSIP: 20344D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82186 | NS      | $7039230.90   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Heritage Financial Inc.               | COMMUNITY HERITAGE FINANCIAL I COMMON STOCK                 | CUSIP: 20370L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141197 | NS      | $4377107.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Community West Bancshares                       | COMMUNITY WEST BANCSHARES COMMON STOCK                      | CUSIP: 203937107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    126760 | NS      | $2953508.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc.                         | CONNECTONE BANCORP INC COMMON STOCK                         | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     85763 | NS      | $2295875.51   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares Inc.                       | FIRST MID BANCSHARES INC COMMON STOCK USD4.0                | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76166 | NS      | $3137277.54   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| First Reliance Bancshares Inc.                  | FIRST RELIANCE BANCSHARES INC COMMON STOCK USD.01           | CUSIP: 33615Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    426454 | NS      | $5927710.60   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corporation                          | 1ST SOURCE CORP COMMON STOCK                                | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118620 | NS      | $8209690.20   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                     | FISERV INC COMMON STOCK USD.01                              | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     95210 | NS      | $5312718.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation                  | WINTRUST FINANCIAL CORP PREFERRED STOCK VAR                 | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    166700 | NS      | $4295859.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| IRS USD P 3.36 20230503-20280503                | IRS USD P 3.36 20230503-20280503                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  10000000 | PA      | $47961.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.22 20230902-20300302                | IRS USD P 1.22 20230902-20300302                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  15000000 | PA      | $1442421.00   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.14 20230903-20300303                | IRS USD P 1.14 20230903-20300303                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  25000000 | PA      | $2480005.00   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.08 20230904-20300304                | IRS USD P 1.08 20230904-20300304                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  25000000 | PA      | $2534040.00   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-29

**Name of Applicant:** John Hancock Financial Opportunities Fund

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer