# EDGAR Filing Document

**Accession Number:** 0000925683
**File Stem:** 0001145549-25-056568
**Filing Date:** 2025-8
**Character Count:** 71993
**Document Hash:** 35a58be4e8c73af6649239fceebe83fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-056568.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-056568

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**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:** 251275388

**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

## 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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $800754605.90

**Total Liabilities:** $131314982.88

**Net Assets:** $669439623.02

**Cash Not Reported:** $11.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -16.851054000000 | **1-Year:** -378.350249000000 | **5-Year:** -3496.383663000000 | **10-Year:** -810.354644000000 | **30-Year:** 0.000000000000

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

- **3-Month:** -28.795245000000 | **1-Year:** -992.560972000000 | **5-Year:** -4243.473208000000 | **10-Year:** -1409.170782000000 | **30-Year:** -2054.218033000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -6.16%               | 6.84%                | 5.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1032029.97              | $-16103500.83                              |
| Month 2  | $4713352.72              | $20269827.09                               |
| Month 3  | $5373195.15              | $22435730.48                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Riviera Bancorp.                       | AMERICAN RIVIERA BANCORP COMMON STOCK                       | CUSIP: 02933K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218459 | NS      | $4176936.08   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                  | AMERIS BANCORP COMMON STOCK USD1.0                          | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    163774 | NS      | $10596177.80  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corporation                     | ARES MANAGEMENT CORP COMMON STOCK                           | CUSIP: 03990B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58332 | NS      | $10103102.40  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                            | ASSOCIATED BANC-CORP PREFERRED STOCK 03/33 VAR              | CUSIP: 045487600<br>LEI: 549300N3CIN473IW5094 | Long             | EP               | CORP              | US        |     80975 | NS      | $1905341.75   | 0.28%             |  |  |  | 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      | $1928000.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc.                              | REDWOOD TRUST INC SR UNSECURED 06/27 7.75                   | CUSIP: 758075AF2<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |   4179000 | PA      | $4128797.17   | 0.62%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corporation                   | REGIONS FINANCIAL CORP COMMON STOCK USD.01                  | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    410978 | NS      | $9666202.56   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corporation                            | RENASANT CORP COMMON STOCK USD5.0                           | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    310405 | NS      | $11152851.65  | 1.67%             |  |  |  | No            |                  1 | 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        |     23176 | PA      | $23175.84     | 0.00%             | 2025-11-06      | 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      | $2457159.00   | 0.37%             | 2033-01-31      | Variable      | 8.25%                 | No            |                  2 | 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        |    174737 | NS      | $2549307.11   | 0.38%             |  |  |  | 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      | $4333395.50   | 0.65%             |  |  |  | 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        |     75941 | NS      | $6614461.10   | 0.99%             |  |  |  | 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      | $5724965.62   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| FFB Bancorp                                     | FFB BANCORP COMMON STOCK                                    | CUSIP: 20344D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82186 | NS      | $6410508.00   | 0.96%             |  |  |  | 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      | $3600523.50   | 0.54%             |  |  |  | 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      | $2473087.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc.                         | CONNECTONE BANCORP INC COMMON STOCK                         | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     85763 | NS      | $1986271.08   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MetroCity Bankshares Inc.                       | METROCITY BANKSHARES INC COMMON STOCK                       | CUSIP: 59165J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65263 | NS      | $1865216.54   | 0.28%             |  |  |  | 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      | $2937904.20   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland States Bancorp Inc.                     | MIDLAND STATES BANCORP INC PREFERRED STOCK VAR              | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               | CORP              | US        |     68025 | NS      | $1505393.25   | 0.22%             |  |  |  | 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      | $2765470.00   | 0.41%             |  |  |  | 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      | $2326477.50   | 0.35%             | 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      | $5050673.60   | 0.75%             |  |  |  | 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        |     58027 | NS      | $3406184.90   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ACNB Corporation                                | ACNB CORP COMMON STOCK USD2.5                               | CUSIP: 000868109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62233 | NS      | $2666061.72   | 0.40%             |  |  |  | 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      | $4674800.90   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Business Bank                          | AMERICAN BUSINESS BANK COMMON STOCK                         | CUSIP: 02475L105<br>LEI: 549300OQ7NQEKOCGWF54 | Long             | EC               | CORP              | US        |     83455 | NS      | $3558521.20   | 0.53%             |  |  |  | No            |                  1 | 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      | $4060125.81   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corporation           | ATLANTIC UNION BANKSHARES CORP PREFERRED STOCK 6.875        | CUSIP: 04911A206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     64745 | NS      | $1563591.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidbank Holdings Inc.                          | AVIDBANK HOLDINGS INC COMMON STOCK                          | CUSIP: 05368J103<br>LEI: 54930029UJ8M0B84EE44 | Long             | EC               | CORP              | US        |    257070 | NS      | $5203096.80   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BW Real Estate Inc.                             | BW REAL ESTATE INC 144A 12/99 VAR                           | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3680000 | PA      | $3786201.12   | 0.57%             | 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      | $2169000.00   | 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        |    200182 | NS      | $4572156.88   | 0.68%             |  |  |  | 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      | $4867464.29   | 0.73%             |  |  |  | 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      | $3427406.20   | 0.51%             |  |  |  | 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        |    142394 | NS      | $4266124.24   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                                     | BAYCOM CORP COMMON STOCK                                    | CUSIP: 07272M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173874 | NS      | $4818048.54   | 0.72%             |  |  |  | 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      | $2966040.00   | 0.44%             |  |  |  | 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      | $4497589.70   | 0.67%             |  |  |  | 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      | $2340307.76   | 0.35%             |  |  |  | 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      | $1628917.50   | 0.24%             |  |  |  | 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      | $1819840.00   | 0.27%             |  |  |  | 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      | $4408895.36   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corporation                     | CAMDEN NATIONAL CORP COMMON STOCK                           | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     68551 | NS      | $2781799.58   | 0.42%             |  |  |  | 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      | $7520693.80   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sila Realty Trust Inc.                          | SILA REALTY TRUST INC COMMON STOCK USD.01                   | CUSIP: 146280508<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121300 | NS      | $2871171.00   | 0.43%             |  |  |  | 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      | $5009174.40   | 0.75%             | 2035-06-01      | Variable      | 8.12%                 | No            |                  2 | 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      | $1509750.00   | 0.23%             |  |  |  | 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        |     86104 | NS      | $11067808.16  | 1.65%             |  |  |  | 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      | $5901314.76   | 0.88%             |  |  |  | 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      | $2104000.00   | 0.31%             |  |  |  | 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      | $2596369.17   | 0.39%             |  |  |  | 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      | $5683659.30   | 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      | $6264196.83   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Bancorp Inc.                         | ENTERPRISE BANCORP INC/MA COMMON STOCK USD.01               | CUSIP: 293668109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74904 | NS      | $2969194.56   | 0.44%             |  |  |  | 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      | $6920210.40   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSA Bancorp Inc.                               | ESSA BANCORP INC COMMON STOCK USD.01                        | CUSIP: 29667D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94578 | NS      | $1834813.20   | 0.27%             |  |  |  | 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      | $2902700.16   | 0.43%             |  |  |  | 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        |    162398 | NS      | $2239468.42   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                             | FIFTH THIRD BANCORP COMMON STOCK                            | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    246524 | NS      | $10139532.12  | 1.51%             |  |  |  | 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      | $5747081.34   | 0.86%             |  |  |  | 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      | $5008000.00   | 0.75%             |  |  |  | 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      | $4653526.28   | 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      | $3564520.00   | 0.53%             |  |  |  | No            |                  3 | 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      | $4045213.89   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| River City Bank                                 | RIVER CITY BANK COMMON STOCK                                | CUSIP: 76803X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14878 | NS      | $5013737.22   | 0.75%             |  |  |  | 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   | 0.34%             |  |  |  | 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      | $4911679.60   | 0.73%             |  |  |  | No            |                  1 | 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      | $6382760.16   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                                  | SIERRA BANCORP COMMON STOCK                                 | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163038 | NS      | $4840598.22   | 0.72%             |  |  |  | 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        |    228214 | NS      | $5433775.34   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc.          | SKYWARD SPECIALTY INSURANCE GR COMMON STOCK USD.01          | CUSIP: 830940102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55961 | NS      | $3233986.19   | 0.48%             |  |  |  | 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      | $4630192.32   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corporation                          | SOUTHSTATE CORP COMMON STOCK USD2.5                         | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     83765 | NS      | $7708892.95   | 1.15%             |  |  |  | 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      | $7175795.92   | 1.07%             |  |  |  | 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      | $5740177.08   | 0.86%             |  |  |  | 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      | $6304894.42   | 0.94%             |  |  |  | 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      |
| Synovus Financial Corp.                         | SYNOVUS FINANCIAL CORP COMMON STOCK USD1.0                  | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    225002 | NS      | $11643853.50  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                         | SYNOVUS FINANCIAL CORP PREFERRED STOCK VAR                  | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |     77222 | NS      | $1974566.54   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tectonic Financial Inc.                         | TECTONIC FINANCIAL INC PREFERRED STOCK VAR                  | CUSIP: 87217L208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    186840 | NS      | $1978635.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp Inc.                         | TIMBERLAND BANCORP INC/WA COMMON STOCK USD.01               | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113266 | NS      | $3533899.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                | TRICO BANCSHARES COMMON STOCK                               | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190923 | NS      | $7730472.27   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                    | TRUIST FINANCIAL CORP COMMON STOCK USD5.0                   | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    166433 | NS      | $7154954.67   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                    | US BANCORP COMMON STOCK USD.01                              | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    235522 | NS      | $10657370.50  | 1.59%             |  |  |  | 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      | $8895227.82   | 1.33%             |  |  |  | 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      |
| First Bank Richmond                             | FIRST BANK RICHMOND 00000000 00000.0000000000               | CUSIP: 916BLH009<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22466 | PA      | $22465.82     | 0.00%             | 2025-12-05      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| JH COLLATERAL                                   | JH COLLATERAL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    619376 | NS      | $6195246.30   | 0.93%             |  |  |  | No            |                  1 | 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      | $3207123.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corporation                      | WSFS FINANCIAL CORP COMMON STOCK USD.01                     | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    190189 | NS      | $10460395.00  | 1.56%             |  |  |  | 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        |     10170 | NS      | $2958961.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MutualOne Bank                                  | MUTUAL ONE BANK 99E0FT5C3                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      4309 | PA      | $4308.81      | 0.00%             | 2025-09-11      | 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      | $3255910.00   | 0.49%             |  |  |  | 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      | $3787710.08   | 0.57%             |  |  |  | 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        |      1944 | PA      | $1943.62      | 0.00%             | 2025-11-03      | 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      | $628000.00    | 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      |
| Salem Five Bancorp                              | SALEM FIVE BANCORP PPG04RWM5                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1761 | PA      | $1761.13      | 0.00%             | 2025-12-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WHITE RIVER BANC                                | WHITE RIVER BANC                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    119478 | NS      | $5006128.20   | 0.75%             |  |  |  | Yes           |                  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      |
| Westamerica Bancorporation                      | WESTAMERICA BANCORP COMMON STOCK                            | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111139 | NS      | $5383573.16   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation                 | WESTERN ALLIANCE BANCORP COMMON STOCK USD.0001              | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     52765 | NS      | $4114614.70   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| White River Bancshares Co                       | WHITE RIVER BANCSHARES CO COMMON STOCK                      | CUSIP: 96445A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15162 | NS      | $635287.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation                  | WINTRUST FINANCIAL CORP PREFERRED STOCK VAR                 | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    200000 | NS      | $5120000.00   | 0.76%             |  |  |  | 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      | $10294248.30  | 1.54%             |  |  |  | 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      | $4041954.03   | 0.60%             |  |  |  | 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      | $2818799.20   | 0.42%             |  |  |  | No            |                  1 | 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        |    242898 | NS      | $10869685.50  | 1.62%             |  |  |  | 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      | $2333800.80   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares Inc.                         | CIVISTA BANCSHARES INC COMMON STOCK                         | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |    183001 | NS      | $4245623.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corporation                   | COASTAL FINANCIAL CORP/WA COMMON STOCK                      | CUSIP: 19046P209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120858 | NS      | $11707514.46  | 1.75%             |  |  |  | No            |                  1 | 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      | $1606104.99   | 0.24%             |  |  |  | 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      | $7457121.14   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Bancorp.                              | COMMUNITY BANCORP/VT COMMON STOCK USD2.5                    | CUSIP: 20343A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13118 | NS      | $262360.00    | 0.04%             |  |  |  | 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        |     92403 | NS      | $8617503.78   | 1.29%             |  |  |  | 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      | $2018290.42   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OP Bancorp                                      | OP BANCORP COMMON STOCK                                     | CUSIP: 67109R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182412 | NS      | $2369531.88   | 0.35%             |  |  |  | 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        |      3151 | PA      | $3150.70      | 0.00%             | 2026-01-09      | None          | 0.00%                 | No            |                  2 | 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      | $5280058.03   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                     | HANCOCK WHITNEY CORP COMMON STOCK USD3.33                   | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |    182751 | NS      | $10489907.40  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp                          | HERITAGE COMMERCE CORP COMMON STOCK                         | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    513678 | NS      | $5100822.54   | 0.76%             |  |  |  | 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      | $2153848.64   | 0.32%             |  |  |  | No            |                  1 | 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      | $5258991.36   | 0.79%             |  |  |  | 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      | $3240394.56   | 0.48%             |  |  |  | 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      | $7564680.42   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation                       | FIRST HORIZON CORP COMMON STOCK USD.625                     | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    343871 | NS      | $7290065.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem Inc.                | FIRST INTERSTATE BANCSYSTEM IN SUB NOTES 06/35 VAR          | CUSIP: 32055YAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1887370.00   | 0.28%             | 2035-06-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| First Merchants Corporation                     | FIRST MERCHANTS CORP COMMON STOCK                           | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    150025 | NS      | $5745957.50   | 0.86%             |  |  |  | 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      | $1239615.00   | 0.19%             |  |  |  | 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      | $2855463.34   | 0.43%             |  |  |  | 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      | $4093958.40   | 0.61%             |  |  |  | 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      | $7362743.40   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corporation                  | FLUSHING FINANCIAL CORP COMMON STOCK USD.01                 | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    279362 | NS      | $3318820.56   | 0.50%             |  |  |  | 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        |    219284 | NS      | $2534923.04   | 0.38%             |  |  |  | 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      | $4780015.24   | 0.71%             |  |  |  | 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      | $7108200.00   | 1.06%             |  |  |  | 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      | $2366306.46   | 0.35%             |  |  |  | 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      | $3497995.55   | 0.52%             | 2027-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Horizon Bancorp Inc.                            | HORIZON BANCORP INC/IN COMMON STOCK                         | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |    378518 | NS      | $5821606.84   | 0.87%             |  |  |  | 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      | $10986230.28  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| InBankshares Corp                               | INBANKSHARES CORP COMMON STOCK                              | CUSIP: 45332V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207676 | NS      | $2284436.00   | 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        |     85080 | NS      | $5350255.80   | 0.80%             |  |  |  | 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      | $3004350.00   | 0.45%             | 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      | $5314300.11   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Bank National Association            | SOUTH STATE BANK NA SUBORDINATED 08/34 VAR                  | CUSIP: 45384BAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1537500.00   | 0.23%             | 2034-08-15      | Variable      | 8.38%                 | No            |                  2 | 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        |     74992 | NS      | $9976185.76   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                         | KEYCORP COMMON STOCK USD1.0                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    616729 | NS      | $10743419.18  | 1.60%             |  |  |  | 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        |    103300 | NS      | $2731252.00   | 0.41%             |  |  |  | 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        |    129036 | NS      | $1851666.60   | 0.28%             |  |  |  | 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      | $3279519.80   | 0.49%             |  |  |  | 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        |     58267 | NS      | $11303215.33  | 1.69%             |  |  |  | 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      |
| Milford Federal Bank                            | MILFORD FEDERAL SAVINGS + LOAN 00000000 00000.0000000000    | CUSIP: 56099E004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2167 | PA      | $2167.06      | 0.00%             | 2025-10-29      | None          | 0.00%                 | No            |                  2 | 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      | $6972297.75   | 1.04%             |  |  |  | No            |                  1 | 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        |     84102 | NS      | $10384914.96  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Northpointe Bancshares Inc.                     | NORTHPOINTE BANCSHARES INC PREFERRED STOCK VAR              | CUSIP: 66661N308<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    160000 | NS      | $3906112.00   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Oaktree Specialty Lending Corporation           | OAKTREE SPECIALTY LENDING CORP COMMON STOCK USD.01          | CUSIP: 67401P405<br>LEI: 549300J6MGCEU5928620 | Long             | EC               | CORP              | US        |    259793 | NS      | $3548772.38   | 0.53%             |  |  |  | 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      | $2264157.50   | 0.34%             |  |  |  | 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      | $15127102.15  | 2.26%             |  |  |  | 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      | $6315227.12   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Onex Corporation                                | ONEX CORP COMMON STOCK                                      | CUSIP: 68272K103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     96758 | NS      | $7965171.14   | 1.19%             |  |  |  | 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      | $3183152.08   | 0.48%             |  |  |  | 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      | $2782737.75   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurazeo                                         | EURAZEO SE COMMON STOCK                                     | CUSIP: 704239904<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |    110822 | NS      | $7922968.33   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Pinnacle Financial Partners Inc.                | PINNACLE FINANCIAL PARTNERS IN COMMON STOCK USD1.0          | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     91793 | NS      | $10134865.13  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Plumas Bancorp                                  | PLUMAS BANCORP COMMON STOCK                                 | CUSIP: 729273102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72944 | NS      | $3243090.24   | 0.48%             |  |  |  | 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        |    102018 | NS      | $11243403.78  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Prime Meridian Holding Company                  | PRIME MERIDIAN HOLDING CO COMMON STOCK                      | CUSIP: 74164R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125087 | NS      | $6129263.00   | 0.92%             |  |  |  | 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        |    121888 | NS      | $6608767.36   | 0.99%             |  |  |  | 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      | $1686400.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| QNB Corp.                                       | QNB CORP COMMON STOCK USD.625                               | CUSIP: 74726N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75111 | NS      | $2530489.59   | 0.38%             |  |  |  | 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      | $7074.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.87 20231222-20261222                | IRS USD P 3.87 20231222-20261222                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  10000000 | PA      | $-44828.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 4.18 20240703-20290703                | IRS USD P 4.18 20240703-20290703                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |   5000000 | PA      | $-150495.00   | -0.02%            |  |  |  | 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      | $1592479.50   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.14 20230903-20300303                | IRS USD P 0.01 20230903-20300303                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  25000000 | PA      | $2743457.50   | 0.41%             |  |  |  | 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      | $2807152.50   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer