# EDGAR Filing Document

**Accession Number:** 0000792858
**File Stem:** 0001145549-25-047470
**Filing Date:** 2025-7
**Character Count:** 734437
**Document Hash:** 058e90922ca99303221b2a6cf8444402
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-047470.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001145549-25-047470

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 51

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**EFFECTIVENESS DATE**: 20250724

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK STRATEGIC SERIES
- **CENTRAL INDEX KEY:** 0000792858

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04651
- **FILM NUMBER:** 251146420

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN STRATEGIC SERIES
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 19911118

## Series and Classes Contracts Data

### John Hancock Income Fund (Series ID: S000000648)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000001863 | Class A      | JHFIX           |
| C000001865 | Class C      | JSTCX           |
| C000001866 | Class I      | JSTIX           |
| C000078712 | Class R4     | JSNFX           |
| C000078713 | Class R5     | JSNVX           |
| C000106430 | Class R6     | JSNWX           |
| C000113489 | Class R2     | JSNSX           |

### John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio (Series ID: S000065848)

| Class ID   | Class Name                                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000212730 | John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio | JMABX           |

### John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio (Series ID: S000065849)

| Class ID   | Class Name                                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000212731 | John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | JMADX           |

### John Hancock Managed Account Shares Securitized Debt Portfolio (Series ID: S000065850)

| Class ID   | Class Name                                                     | Ticker Symbol   |
|:---|:---|:---|
| C000212732 | John Hancock Managed Account Shares Securitized Debt Portfolio | JMAEX           |

### John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio (Series ID: S000077548)

| Class ID   | Class Name                                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000238026 | John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | JHFMX           |

### John Hancock Managed Account Shares Bond Completion Portfolio (Series ID: S000083451)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000247081 | John Hancock Managed Account Shares Bond Completion Portfolio | JHBMX           |

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#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

#### FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-04651

#### JOHN HANCOCK STRATEGIC SERIES
(Exact name of registrant as specified in charter)

------

200 BERKELEY STREET, BOSTON, MA 02116

(Address of principal executive offices) (Zip code)

SALVATORE SCHIAVONE

TREASURER

200 BERKELEY STREET

BOSTON, MA 02116

(Name and address of agent for service)

#### Registrant's telephone number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;(617) 543-9634

#### Date of fiscal year end:

#### May 31

#### Date of reporting period:

#### May 31, 2025
ITEM 1. REPORTS TO STOCKHOLDERS

The Registrant prepared the following annual reports to shareholders for the year ended May 31, 2025:

* John Hancock Income Fund 

* John Hancock Managed Account Shares Bond Completion Portfolio 

* John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio 

* John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio 

* John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio 

* John Hancock Managed Account Shares Securitized Debt Portfolio 

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class A/JHFIX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class A/JHFIX) | $85 | 0.83% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class A/JHFIX) returned 5.94% (excluding sales charges) for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912217.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class A/JHFIX) | 1.71% | 0.82% | 1.67% |
| Income Fund (Class A/JHFIX)—excluding sales charge | 5.94% | 1.66% | 2.08% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Figures reflect maximum sales charge on Class A shares of 4.00%. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912220.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-A

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class C/JSTCX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class C/JSTCX) | $157 | 1.53% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class C/JSTCX) returned 5.21% (excluding sales charges) for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912180.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class C/JSTCX) | 4.21% | 0.95% | 1.37% |
| Income Fund (Class C/JSTCX)—excluding sales charge | 5.21% | 0.95% | 1.37% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Class C shares sold within one year of purchase are subject to a 1.00% contingent deferred sales charge. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912189.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-C

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class I/JSTIX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class I/JSTIX) | $55 | 0.53% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class I/JSTIX) returned 6.08% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $250,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $250,000
![Fund Performance - Growth of 10K](chartimages_5912177.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class I/JSTIX) | 6.08% | 1.99% | 2.38% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912168.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-I

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class R2/JSNSX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class R2/JSNSX) | $94 | 0.91% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class R2/JSNSX) returned 5.67% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5911902.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class R2/JSNSX) | 5.67% | 1.56% | 1.97% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912300.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-R2

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class R4/JSNFX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class R4/JSNFX) | $69 | 0.67% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class R4/JSNFX) returned 6.11% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912272.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class R4/JSNFX) | 6.11% | 1.82% | 2.22% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912269.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-R4

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class R5/JSNVX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class R5/JSNVX) | $48 | 0.47% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class R5/JSNVX) returned 6.14% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912257.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class R5/JSNVX) | 6.14% | 2.02% | 2.44% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912260.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-R5

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Income Fund
Class R6/JSNWX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Income Fund (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-5291.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund (Class)** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Income Fund<br>(Class R6/JSNWX) | $43 | 0.42% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Income Fund (Class R6/JSNWX) returned 6.38% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included a broad decline in bond yields, fueled by decelerating inflation and three short-term interest rate cuts by the U.S. Federal Reserve, and the strong performance of high-yield corporate bonds.

#### TOP PERFORMANCE CONTRIBUTORS
**Duration (interest-rate sensitivity)** \| Falling bond yields around the globe led to rising bond prices.

**Convertible bonds** \| A small position in corporate debt that may be converted into equity shares at a future date contributed the most to performance from a sector perspective.

**Corporate debt** \| High-yield and investment-grade corporate bonds, along with bank loans, represented more than a third of the portfolio on average and were among the top performers in the fund.

#### TOP PERFORMANCE DETRACTORS
**Foreign currency exposure** \| A long position in the Mexican peso and short positions in the euro and Singapore dollar detracted from performance.

**Longer-term bonds** \| Long-term bonds were the only maturity segment where bond yields rose during the period, putting downward pressure on their prices and detracting from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $1,000,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $1,000,000
![Fund Performance - Growth of 10K](chartimages_5912232.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| Income Fund (Class R6/JSNWX) | 6.38% | 2.11% | 2.49% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 1.49% |

---

Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown and can be found at **jhinvestments.com/investments** or by calling 800-225-5291. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1701662043 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;542 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$5931604 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;56% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Corporate bonds | 41.9% |
| Foreign government obligations | 25.3% |
| U.S. Government | 7.4% |
| U.S. Government Agency | 7.3% |
| Term loans | 7.2% |
| Collateralized mortgage obligations – Commercial and residential | 3.7% |
| Collateralized mortgage obligations – U.S. Government Agency | 2.5% |
| Convertible bonds | 1.5% |
| Asset-backed securities | 1.4% |
| Preferred securities | 0.8% |
| Short-term investments and other | 1.0% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912229.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![TSR QR Code](images_5090.jpg)

At jhinvestments.com/documents, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-225-5291.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543849

91A-R6

5/25

7/25

John Hancock Income Fund

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Managed Account Shares Bond Completion Portfolio
Bond Completion Portfolio/JHBMX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Managed Account Shares Bond Completion Portfolio (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-247-0278.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Bond Completion Portfolio/JHBMX | $0 | 0.00% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Managed Account Shares Bond Completion Portfolio (Bond Completion Portfolio/JHBMX) returned 5.65% for the period ended May 31, 2025. The U.S. bond market produced broad-based gains in the annual period, with positive price performance augmenting the contribution from income. Investors were cheered by the backdrop of falling inflation, moderate economic growth, and interest rate cuts by the U.S. Federal Reserve. Credit-oriented market segments generally outperformed, reflecting a hearty appetite for risk among market participants.

#### TOP PERFORMANCE CONTRIBUTORS
**Agency mortgage-backed securities** \| The fund's holdings in this area made the largest contribution to absolute performance due to the combination of positive total returns and a sizable portfolio weighting.

**Investment-grade corporates** \| This segment of the fund also made a meaningful contribution, led by Dominion Energy, Inc. and Morgan Stanley.

**U.S. Treasuries** \| Positions in intermediate-term U.S. government debt also contributed.

#### TOP PERFORMANCE DETRACTORS
**No meaningful detractors** \| At a time of positive performance for the fund and the bond market as a whole, substantially all holdings delivered positive returns with few exceptions.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5911909.jpg)

---

| | | |
|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **Since inception** |
| Managed Account Shares Bond Completion Portfolio (Bond Completion Portfolio/JHBMX) | 5.65% | 2.60% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | 3.16% |

---

**Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.**

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1052641 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;21 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;52% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total investments of the fund.

**Sector Composition**

---

| | |
|:---|:---|
| U.S. Government Agency | 57.5% |
| U.S. Government | 25.9% |
| Financials | 6.9% |
| Health care | 2.4% |
| Information technology | 1.6% |
| Utilities | 1.6% |
| Communication services | 1.6% |
| Short-term investments | 2.5% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5911918.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5089.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-247-0278.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543801

321A

5/25

7/25

John Hancock Managed Account Shares Bond Completion Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio
Investment-Grade Corporate Bond Portfolio/JMABX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-247-0278.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Investment-Grade Corporate Bond Portfolio/JMABX | $0 | 0.00% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Managed Account Shares Investment-Grade Corporate Bond Portfolio (Investment-Grade Corporate Bond Portfolio/JMABX) returned 6.82% for the year ended May 31, 2025. Corporate bonds produced solid gains in the annual period, with the benefit of income offsetting a small increase in yield spreads. Investors were cheered by the backdrop of falling inflation, moderate economic growth, and interest rate cuts by the U.S. Federal Reserve. However, corporates experienced meaningful volatility in March and April 2025 due to uncertainty related to U.S. trade policy.

#### TOP PERFORMANCE CONTRIBUTORS
**Banking** \| Holdings in this industry group made the largest contribution to absolute performance, with Citizens Financial Group, Inc. and Truist Financial Corp. being meaningful contributors.

**Midstream energy** \| Enbridge, Inc. was a leading contributor in the industry and the fund as a whole. In addition to energy, holdings in the utilities, information technology, and financials industries also helped results.

**Additional security contributors** \| The fund's position in the bonds of General Motors Financial, the auto-financing arm of General Motors, was another top contributor at the individual security level. The bonds of the energy producer Antero Resources Corp. also aided returns, as did AT&T, Inc.

#### TOP PERFORMANCE DETRACTORS
**Integrated energy and communication services** \| Holdings in these industries detracted from fund performance, albeit with minor impacts due to their small portfolio weightings.

**Individual security detractors** \| Positions in Occidental Petroleum Corp. and Viatris, Inc. detracted.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912087.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **Since inception** |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio (Investment-Grade Corporate Bond Portfolio/JMABX) | 6.82% | 2.12% | 2.43% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 0.55% |
| Bloomberg U.S. Corporate Bond Index | 5.61% | 0.16% | 1.34% |

---

**Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.**

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$402286912 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;275 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;47% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Sector Composition**

---

| | |
|:---|:---|
| Financials | 30.8% |
| Energy | 16.2% |
| Health care | 9.4% |
| Utilities | 9.3% |
| Industrials | 8.4% |
| Information technology | 7.8% |
| Real estate | 5.8% |
| Communication services | 4.5% |
| Consumer staples | 2.8% |
| Consumer discretionary | 2.4% |
| Materials | 1.0% |
| Municipal bonds | 0.1% |
| Short-term investments and other | 1.5% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912078.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5089.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-247-0278.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543801

317A

5/25

7/25

John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio
Non-Investment-Grade Corporate Bond Portfolio/JMADX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-247-0278.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Non-Investment-Grade Corporate Bond Portfolio/JMADX | $0 | 0.00% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio (Non-Investment-Grade Corporate Bond Portfolio/JMADX) returned 7.44% for the year ended May 31, 2025. High-yield bonds delivered strong total returns in the annual period, with the benefit of income offsetting a small increase in yield spreads. The category was helped by the combination of steady economic growth, positive corporate earnings, and accommodative U.S. Federal Reserve policy. However, high-yield debt experienced meaningful volatility in March and April 2025 due to uncertainty related to U.S. trade policy.

#### TOP PERFORMANCE CONTRIBUTORS
**Energy** \| Holdings in this industry group made the largest contribution to absolute performance, led by New Zealand-based Genesis Energy LP.

**Other leading industries** \| In banking, British financial giant Barclays PLC was the leading contributor in the industry. Holdings in the utilities industry also helped results.

**Individual security contributors** \| The fund's position in the bonds of the U.S. casino operator Mohegan Tribal Gaming Authority was a key contributor to performance at the individual security level. Parkland Corp. and Asbury Automotive Group, Inc. aided returns as well.

#### TOP PERFORMANCE DETRACTORS
**Sectors** \| Specialty retail was one of the few sectors in which the fund's holdings suffered negative returns. Saks Global Enterprises LLC and The Michaels Companies, Inc. were the largest individual detractors in the sector. The fund's allocation to refining was also a modest detractor.

**Additional security detractors** \| Liberty Communications Puerto Rico was also a notable detractor, as were Vital Energy, Inc. and the midstream energy operator Venture Global LNG, Inc.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912046.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **Since inception** |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio (Non-Investment-Grade Corporate Bond Portfolio/JMADX) | 7.44% | 5.06% | 3.63% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 0.55% |
| ICE BofA U.S. High Yield Index | 9.28% | 5.82% | 4.52% |

---

**Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.**

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$136322130 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;186 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;43% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Sector Composition**

---

| | |
|:---|:---|
| Energy | 18.5% |
| Consumer discretionary | 17.9% |
| Industrials | 13.2% |
| Financials | 12.0% |
| Communication services | 9.0% |
| Utilities | 8.9% |
| Materials | 8.2% |
| Health care | 3.3% |
| Real estate | 2.3% |
| Consumer staples | 2.0% |
| Information technology | 1.6% |
| Asset-backed securities | 0.3% |
| Short-term investments and other | 2.8% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912037.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5089.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-247-0278.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543801

318A

5/25

7/25

John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio
Non-Investment-Grade Municipal Bond Portfolio/JHFMX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-247-0278.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Non-Investment-Grade Municipal Bond Portfolio/JHFMX | $0 | 0.00% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio (Non-Investment-Grade Municipal Bond Portfolio/JHFMX) returned 0.99% for the year ended May 31, 2025. Municipal bonds posted positive absolute returns in the annual period, with the contribution from income outweighing the effect of mixed price action. The category lagged the broader fixed-income market due in part to a high level of new-issue supply. In addition, the asset class experienced elevated volatility in early 2025 after the protectionist shift in U.S. trade policy began to fuel concerns about the economic outlook.

#### TOP PERFORMANCE CONTRIBUTORS
**Charter schools** \| The fund's holdings in this area made the largest contribution to absolute performance due to the combination of positive total returns and a sizable portfolio weighting.

**Hospitals** \| This sector also made a positive contribution to performance, as did holdings in tax increment finance and special assessment securities.

**Strong performing individual securities** \| Ohio Air Quality Development Authority was a top contributor, as was Florida Development Finance Corp.

#### TOP PERFORMANCE DETRACTORS
**Resource recovery and economic / industrial development bonds** \| These two categories were the most significant detractors from absolute performance.

**Specific securities** \| Indiana Finance Authority and Polk County Industrial Development Authority were meaningful detractors from performance.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5911960.jpg)

---

| | | |
|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **Since inception** |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio (Non-Investment-Grade Municipal Bond Portfolio/JHFMX) | 0.99% | 4.00% |
| Bloomberg Municipal Bond Index | 2.03% | 1.59% |
| Bloomberg High Yield Municipal Bond Index | 3.64% | 4.26% |

---

**Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.**

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$19660971 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;101 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;30% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| **General obligation bonds** | **4.7%** |
| **Revenue bonds** | **93.1%** |
| Development | 21.7% |
| Education | 19.1% |
| Health care | 17.4% |
| Other revenue | 15.7% |
| Airport | 4.8% |
| Transportation | 4.7% |
| Housing | 4.4% |
| Tobacco | 3.9% |
| Water and sewer | 1.2% |
| Pollution | 0.2% |
| **Short-term investments and other** | **2.2%** |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5911957.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5089.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-247-0278.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543801

319A

5/25

7/25

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

## John Hancock Managed Account Shares Securitized Debt Portfolio
Securitized Debt Portfolio/JMAEX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock Managed Account Shares Securitized Debt Portfolio (the fund) for the period of June 1, 2024 to May 31, 2025. You can find additional information about the fund at jhinvestments.com/underlying-funds. You can also request this information by contacting us at 800-247-0278.

#### What were the fund costs during the last year ?

#### (Based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund** | **Costs of a $10,000 investment** | **Costs paid as a percentage<br>of a $10,000 investment** |
| Securitized Debt Portfolio/JMAEX | $0 | 0.00% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
Managed Account Shares Securitized Debt Portfolio (Securitized Debt Portfolio/JMAEX) returned 7.44% for the year ended May 31, 2025. Securitized assets produced strong total returns and outpaced the broader investment-grade market in the annual period. Investors were cheered by the backdrop of falling inflation, moderate economic growth, and interest rate cuts by the U.S. Federal Reserve, supporting the returns for higher-yielding segments of the bond market.

#### TOP PERFORMANCE CONTRIBUTORS
**Asset-backed securities (ABS)** \| The fund's allocation to this area made the largest contribution to absolute performance due to the combination of positive total returns and a sizable portfolio weighting.

**Commercial mortgage-backed securities and non-agency mortgage-backed securities** \| These categories also helped results, but to a lesser extent than ABS due to their smaller allocations.

#### TOP PERFORMANCE DETRACTORS
**A small number of individual securities** \| Although many of the fund's holdings registered positive absolute returns, certain holdings finished with losses. A position in Compass Datacenters LLC, an asset-backed security, was the largest individual detractor.

The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice.

#### Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.

#### GROWTH OF $10,000
![Fund Performance - Growth of 10K](chartimages_5912126.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **Since inception** |
| Managed Account Shares Securitized Debt Portfolio (Securitized Debt Portfolio/JMAEX) | 7.44% | 2.68% | 2.67% |
| Bloomberg U.S. Aggregate Bond Index | 5.46% | (0.90)% | 0.55% |
| Bloomberg U.S. Securitized MBS ABS CMBS Index | 5.97% | (0.81)% | 0.24% |

---

**Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.**

Fund Statistics

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$205844955 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;259 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;27% |

---

#### Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.

**Portfolio Composition**

---

| | |
|:---|:---|
| Asset-backed securities | 61.5% |
| Collateralized mortgage obligations – Commercial and residential | 29.9% |
| Collateralized mortgage obligations – U.S. Government Agency | 7.8% |
| Short-term investments and other | 0.8% |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5912129.jpg)

Ratings are from Moody's Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. "Not rated" securities are those with no ratings available from these agencies. All ratings are as of 5-31-25 and do not reflect subsequent downgrades or upgrades, if any.

Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund's investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.

*The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .* 

Availability of Additional Information

![Underlying site QR code](images_5089.jpg)

At jhinvestments.com/underlying-funds, you can find additional information about the fund, including the fund's:

* Prospectus

* Financial information

* Fund holdings

* Proxy voting information

You can also request this information by contacting us at 800-247-0278.

**This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.**

![Manulife JH front rebranded logo-TSR and FS](images_5048.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

MF4543801

316A

5/25

7/25

John Hancock Managed Account Shares Securitized Debt Portfolio

------

ITEM 2. CODE OF ETHICS.

As of the end of the year, May 31, 2025, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.

------

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Frances G. Rathke is the audit committee financial expert and is "independent", pursuant to general instructions on Form N-CSR Item 3.

------

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(a) Audit Fees

The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to $276,747 and $246,440 for the fiscal years ended May 31, 2025 and May 31, 2024, respectively. These fees were billed to the registrant and were approved by the registrant's audit committee.

(b) Audit-Related Services

Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews and a software licensing fee. Amounts billed to the registrant were $4,172 and $398 for fiscal years ended May 31, 2025 and May 31, 2024, respectively.

Amounts billed to control affiliates were $132,464 and $127,986 for the fiscal years ended May 31, 2025 and May 31, 2024, respectively.

(c) Tax Fees

The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to $20,929 and $20,318 for the fiscal years ended May 31, 2025 and May 31, 2024, respectively. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.

(d) All Other Fees

Other fees amounted to $0 and $1,847 for the fiscal years ended May 31, 2025 and May 31, 2024, respectively. The nature of the services comprising all other fees is advisory services provided to the investment manager. These fees were approved by the registrant's audit committee.

(e)(1) Audit Committee Pre-Approval Policies and Procedures

The registrant's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.

The registrant's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per instance/per fund are subject to specific pre-approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per instance/per fund are subject to specific pre-approval by the Audit Committee.

All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.

(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X

Audit-Related Fees, Tax Fees and All Other Fees

There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.

(f) According to the registrant's principal accountant for the fiscal year ended May 31, 2025, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.

(g) The aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $657,061 for the fiscal year ended May 31, 2025 and $991,543 for the fiscal year ended May 31, 2024.

(h) The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.

(i) Not applicable.

(j) Not applicable.

------

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:

Frances G. Rathke – Chairperson

William H. Cunningham

William K. Bacic - Member of the Audit Committee as of September 24, 2024.

------

ITEM 6. SCHEDULE OF INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Refer to information included in Item 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

------

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The Registrant prepared financial statements and financial highlights for the year ended May 31, 2025 for the following funds:

* John Hancock Income Fund

* John Hancock Managed Account Shares Bond Completion Portfolio

* John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio

* John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio

* John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

* John Hancock Managed Account Shares Securitized Debt Portfolio

------

![](imga48b2a151.gif)

![](img9deefef72.gif)

Annual Financial Statements & Other N-CSR Items

## John Hancock

## Income Fund
Fixed income

May 31, 2025

------

John Hancock

Income Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_72633bb6-c5f5-4646-9bb1-49d231faaf07_1) |
| **28** | &nbsp;&nbsp;[Financial statements](#xx_01145ef2-ea4b-4e3b-8d0d-7c43759fe44c_1) |
| **32** | &nbsp;&nbsp;[Financial highlights](#xx_4dc56b9c-476a-424b-969e-59e2a0b584fd_1) |
| **39** | &nbsp;&nbsp;[Notes to financial statements](#xx_79b5b5df-9ff4-4081-bc90-e19f2d122d7d_1) |
| **52** | &nbsp;&nbsp;[Report of independent registered public accounting firm](#xx_380d68bb-1922-4c4d-beae-24dcb33eb74d_1) |
| **53** | &nbsp;&nbsp;[Tax information](#xx_62acb6aa-2ee0-42c6-9d34-4f0e83b7e6f8_1) |

---

1 JOHN HANCOCK INCOME FUND \|

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

Fund's investments

#### AS OF 5-31-25

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **U.S. Government and Agency obligations 14.7%** | **U.S. Government and Agency obligations 14.7%** | **U.S. Government and Agency obligations 14.7%** |  | &nbsp;&nbsp;**$251310512** |
| (Cost $269,847,591) |  |  |  |  |
| **U.S. Government 7.4%** | **U.S. Government 7.4%** |  |  | &nbsp;&nbsp;**125899168** |
| U.S. Treasury | U.S. Treasury | U.S. Treasury |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-50 | &nbsp;&nbsp;&nbsp;&nbsp;45666000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26150920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-42 | &nbsp;&nbsp;&nbsp;&nbsp;2240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-45 | &nbsp;&nbsp;&nbsp;&nbsp;5970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4107640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-15-42 | &nbsp;&nbsp;&nbsp;&nbsp;5190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3871416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-32 | &nbsp;&nbsp;&nbsp;&nbsp;29248000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25365785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-31-27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-32 | &nbsp;&nbsp;&nbsp;&nbsp;30785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28044401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-32 | &nbsp;&nbsp;&nbsp;&nbsp;13225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12195930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-33 | &nbsp;&nbsp;&nbsp;&nbsp;6160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5866197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-31-30 | &nbsp;&nbsp;&nbsp;&nbsp;17190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17219545 |
| **U.S. Government Agency 7.3%** | **U.S. Government Agency 7.3%** |  |  | &nbsp;&nbsp;**125411344** |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;6214509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6208558 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;4164724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4262067 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;4133372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4192523 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;6942288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7021571 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;4746202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4847125 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;3709156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3685900 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;6321458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6307503 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;11533713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11454187 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;10408276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10382046 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;4327603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4309936 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;7631991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7624683 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;5951983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5946283 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;11605198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11597712 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;7277469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7281871 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;7248183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7259363 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;4701974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4665145 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-01-55 | &nbsp;&nbsp;&nbsp;&nbsp;4782496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4883817 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;1997273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1840257 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;2361157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2179960 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;2378846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2189601 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;1381841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316163 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;2553246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2431892 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-20-52 | &nbsp;&nbsp;&nbsp;&nbsp;3698991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3523181 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 2

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Foreign government obligations 25.3%** | **Foreign government obligations 25.3%** |  |  |  | **$430682394** |
| (Cost $434,693,545) |  |  |  |  |  |
| **Australia 4.4%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**75139120** |
| Airservices Australia | &nbsp;&nbsp;&nbsp;&nbsp;5.400 | &nbsp;&nbsp;11-15-28 | &nbsp;&nbsp;AUD | 3880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2605266 |
| Commonwealth of Australia | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-21-35 | &nbsp;&nbsp;AUD | 7270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4668714 |
| New South Wales Treasury Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1.750 | &nbsp;&nbsp;03-20-34 | &nbsp;&nbsp;AUD | 6970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3521909 |
| New South Wales Treasury Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2.250 | &nbsp;&nbsp;05-07-41 | &nbsp;&nbsp;AUD | 5140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2212783 |
| New South Wales Treasury Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;02-20-36 | &nbsp;&nbsp;AUD | 7175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4336681 |
| New South Wales Treasury Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4.750 | &nbsp;&nbsp;09-20-35 | &nbsp;&nbsp;AUD | 4495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2862736 |
| Queensland Treasury Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2.250 | &nbsp;&nbsp;11-20-41 | &nbsp;&nbsp;AUD | 4995000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2089120 |
| Queensland Treasury Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.250 | &nbsp;&nbsp;05-21-35 | &nbsp;&nbsp;&nbsp;EUR | 2210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2529559 |
| Queensland Treasury Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;08-22-35 | &nbsp;&nbsp;AUD | 12470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7712695 |
| Queensland Treasury Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-21-36 | &nbsp;&nbsp;AUD | 12080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872343 |
| South Australian Government Financing Authority | &nbsp;&nbsp;&nbsp;&nbsp;1.750 | &nbsp;&nbsp;05-24-34 | &nbsp;&nbsp;AUD | 14085000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7060885 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;2.000 | &nbsp;&nbsp;09-17-35 | &nbsp;&nbsp;AUD | 9900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4805299 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;2.000 | &nbsp;&nbsp;11-20-37 | &nbsp;&nbsp;AUD | 11345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5087571 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;2.250 | &nbsp;&nbsp;11-20-34 | &nbsp;&nbsp;AUD | 3905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006153 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-20-32 | &nbsp;&nbsp;AUD | 5320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3367544 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;4.750 | &nbsp;&nbsp;09-15-36 | &nbsp;&nbsp;AUD | 16340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10179282 |
| Treasury Corp. of Victoria | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-20-40 | &nbsp;&nbsp;AUD | 3640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220580 |
| **Austria 0.3%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4542625** |
| Republic of Austria (A) | &nbsp;&nbsp;&nbsp;&nbsp;2.900 | &nbsp;&nbsp;02-20-33 | &nbsp;&nbsp;&nbsp;EUR | 3940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4542625 |
| **Brazil 1.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18963795** |
| Federative Republic of Brazil | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;01-01-27 | &nbsp;&nbsp;&nbsp;BRL | 109930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18963795 |
| **Canada 2.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35473825** |
| CDP Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4.200 | &nbsp;&nbsp;12-02-30 | &nbsp;&nbsp;CAD | 4045000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3091071 |
| CPPIB Capital, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2.250 | &nbsp;&nbsp;12-01-31 | &nbsp;&nbsp;CAD | 2455000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677203 |
| Government of Canada | &nbsp;&nbsp;&nbsp;&nbsp;0.500 | &nbsp;&nbsp;12-01-30 | &nbsp;&nbsp;CAD | 2820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807319 |
| Government of Canada | &nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;09-01-29 | &nbsp;&nbsp;CAD | 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1874831 |
| OMERS Finance Trust | &nbsp;&nbsp;&nbsp;&nbsp;3.250 | &nbsp;&nbsp;01-28-35 | &nbsp;&nbsp;&nbsp;EUR | 1515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1724606 |
| OMERS Finance Trust (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;11-15-33 |  | 4275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4465805 |
| Province of Alberta | &nbsp;&nbsp;&nbsp;&nbsp;3.100 | &nbsp;&nbsp;06-01-50 | &nbsp;&nbsp;CAD | 7440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4329767 |
| Province of British Columbia | &nbsp;&nbsp;&nbsp;&nbsp;4.200 | &nbsp;&nbsp;07-06-33 |  | 3695000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3581957 |
| Province of Ontario | &nbsp;&nbsp;&nbsp;&nbsp;3.100 | &nbsp;&nbsp;01-31-34 | &nbsp;&nbsp;&nbsp;EUR | 2420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2755463 |
| Province of Ontario | &nbsp;&nbsp;&nbsp;&nbsp;3.450 | &nbsp;&nbsp;06-02-45 | &nbsp;&nbsp;CAD | 3895000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2495797 |
| Province of Quebec | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-01-43 | &nbsp;&nbsp;CAD | 5270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3784946 |
| Province of Quebec | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;09-08-33 |  | 3926000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3885060 |
| **China 0.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2324947** |
| People's Republic of China | &nbsp;&nbsp;&nbsp;&nbsp;2.690 | &nbsp;&nbsp;08-12-26 | &nbsp;&nbsp;CNY | 16480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2324947 |
| **Finland 0.4%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7282858** |
| Kuntarahoitus OYJ | &nbsp;&nbsp;&nbsp;&nbsp;2.875 | &nbsp;&nbsp;01-18-28 | &nbsp;&nbsp;&nbsp;EUR | 3600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4166912 |

---

3 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Finland (continued)** |  |  |  |  |  |
| Republic of Finland (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;09-15-33 | &nbsp;&nbsp;&nbsp;EUR | 2695000 | &nbsp;&nbsp;&nbsp;$3115946 |
| **Germany 1.2%** |  |  |  |  | &nbsp;&nbsp;**20612215** |
| Federal Republic of Germany | &nbsp;&nbsp;2.200 | &nbsp;&nbsp;02-15-34 | &nbsp;&nbsp;&nbsp;EUR | 14300000 | &nbsp;&nbsp;&nbsp;15957694 |
| Federal Republic of Germany | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;02-15-35 | &nbsp;&nbsp;&nbsp;EUR | 4100000 | &nbsp;&nbsp;&nbsp;&nbsp;4654521 |
| **India 1.1%** |  |  |  |  | &nbsp;&nbsp;**18357864** |
| Export-Import Bank of India (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;02-01-28 |  | 3075000 | &nbsp;&nbsp;&nbsp;&nbsp;3001562 |
| Republic of India | &nbsp;&nbsp;5.220 | &nbsp;&nbsp;06-15-25 | &nbsp;&nbsp;&nbsp;INR | 395190000 | &nbsp;&nbsp;&nbsp;&nbsp;4617184 |
| Republic of India | &nbsp;&nbsp;6.100 | &nbsp;&nbsp;07-12-31 | &nbsp;&nbsp;&nbsp;INR | 166260000 | &nbsp;&nbsp;&nbsp;&nbsp;1951958 |
| Republic of India | &nbsp;&nbsp;7.100 | &nbsp;&nbsp;04-18-29 | &nbsp;&nbsp;&nbsp;INR | 723000000 | &nbsp;&nbsp;&nbsp;&nbsp;8787160 |
| **Indonesia 2.9%** |  |  |  |  | &nbsp;&nbsp;**48724961** |
| Republic of Indonesia | &nbsp;&nbsp;1.100 | &nbsp;&nbsp;03-12-33 | &nbsp;&nbsp;&nbsp;EUR | 1191000 | &nbsp;&nbsp;&nbsp;&nbsp;1106452 |
| Republic of Indonesia | &nbsp;&nbsp;3.050 | &nbsp;&nbsp;03-12-51 |  | 4315000 | &nbsp;&nbsp;&nbsp;&nbsp;2768708 |
| Republic of Indonesia | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;04-15-27 | &nbsp;&nbsp;&nbsp;IDR | 23368000000 | &nbsp;&nbsp;&nbsp;&nbsp;1396895 |
| Republic of Indonesia | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;05-15-28 | &nbsp;&nbsp;&nbsp;IDR | 55303000000 | &nbsp;&nbsp;&nbsp;&nbsp;3359917 |
| Republic of Indonesia | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-15-28 | &nbsp;&nbsp;&nbsp;IDR | 126058000000 | &nbsp;&nbsp;&nbsp;&nbsp;7752260 |
| Republic of Indonesia | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;04-15-32 | &nbsp;&nbsp;&nbsp;IDR | 45572000000 | &nbsp;&nbsp;&nbsp;&nbsp;2754189 |
| Republic of Indonesia | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-15-25 | &nbsp;&nbsp;&nbsp;IDR | 8527000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523303 |
| Republic of Indonesia | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;07-15-30 | &nbsp;&nbsp;&nbsp;IDR | 70959000000 | &nbsp;&nbsp;&nbsp;&nbsp;4361751 |
| Republic of Indonesia | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-31 | &nbsp;&nbsp;&nbsp;IDR | 128889000000 | &nbsp;&nbsp;&nbsp;&nbsp;7861104 |
| Republic of Indonesia | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-15-33 | &nbsp;&nbsp;&nbsp;IDR | 87567000000 | &nbsp;&nbsp;&nbsp;&nbsp;5256431 |
| Republic of Indonesia | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;02-15-34 | &nbsp;&nbsp;&nbsp;IDR | 42160000000 | &nbsp;&nbsp;&nbsp;&nbsp;2553621 |
| Republic of Indonesia | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;06-15-35 | &nbsp;&nbsp;&nbsp;IDR | 19373000000 | &nbsp;&nbsp;&nbsp;&nbsp;1240533 |
| Republic of Indonesia | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;09-15-26 | &nbsp;&nbsp;&nbsp;IDR | 42453000000 | &nbsp;&nbsp;&nbsp;&nbsp;2682381 |
| Republic of Indonesia | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;05-15-31 | &nbsp;&nbsp;&nbsp;IDR | 48811000000 | &nbsp;&nbsp;&nbsp;&nbsp;3308790 |
| Republic of Indonesia | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;03-15-29 | &nbsp;&nbsp;&nbsp;IDR | 26967000000 | &nbsp;&nbsp;&nbsp;&nbsp;1798626 |
| **Ireland 0.5%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**8939370** |
| Republic of Ireland | &nbsp;&nbsp;2.600 | &nbsp;&nbsp;10-18-34 | &nbsp;&nbsp;&nbsp;EUR | 5080000 | &nbsp;&nbsp;&nbsp;&nbsp;5677297 |
| Republic of Ireland, Zero Coupon | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;10-18-31 | &nbsp;&nbsp;&nbsp;EUR | 3350000 | &nbsp;&nbsp;&nbsp;&nbsp;3262073 |
| **Japan 2.1%** |  |  |  |  | &nbsp;&nbsp;**35041280** |
| Government of Japan | &nbsp;&nbsp;0.005 | &nbsp;&nbsp;12-01-25 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 2758600000 | &nbsp;&nbsp;&nbsp;19126094 |
| Government of Japan | &nbsp;&nbsp;0.005 | &nbsp;&nbsp;03-20-27 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 461200000 | &nbsp;&nbsp;&nbsp;&nbsp;3163765 |
| Government of Japan | &nbsp;&nbsp;0.100 | &nbsp;&nbsp;06-20-26 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 1250700000 | &nbsp;&nbsp;&nbsp;&nbsp;8644768 |
| Government of Japan | &nbsp;&nbsp;2.100 | &nbsp;&nbsp;12-20-25 | &nbsp;&nbsp;&nbsp;&nbsp;JPY | 585750000 | &nbsp;&nbsp;&nbsp;&nbsp;4106653 |
| **Netherlands 0.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**1665613** |
| BNG Bank NV | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;07-17-28 | &nbsp;&nbsp;AUD | 2620000 | &nbsp;&nbsp;&nbsp;&nbsp;1665613 |
| **New Zealand 3.7%** |  |  |  |  | &nbsp;&nbsp;**62643848** |
| Government of New Zealand | &nbsp;&nbsp;1.750 | &nbsp;&nbsp;05-15-41 | &nbsp;&nbsp;NZD | 11280000 | &nbsp;&nbsp;&nbsp;&nbsp;4349346 |
| Government of New Zealand | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;05-15-32 | &nbsp;&nbsp;NZD | 6670000 | &nbsp;&nbsp;&nbsp;&nbsp;3445047 |
| Government of New Zealand | &nbsp;&nbsp;2.750 | &nbsp;&nbsp;04-15-37 | &nbsp;&nbsp;NZD | 11450000 | &nbsp;&nbsp;&nbsp;&nbsp;5611169 |
| Government of New Zealand | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;04-14-33 | &nbsp;&nbsp;NZD | 4690000 | &nbsp;&nbsp;&nbsp;&nbsp;2640889 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 4

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **New Zealand (continued)** |  |  |  |  |  |
| Government of New Zealand | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;05-15-34 | &nbsp;&nbsp;&nbsp;NZD | 21680000 | &nbsp;&nbsp;$12754503 |
| Government of New Zealand | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;05-15-36 | &nbsp;&nbsp;&nbsp;NZD | 2953000 | &nbsp;&nbsp;&nbsp;&nbsp;1706041 |
| Government of New Zealand | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-15-30 | &nbsp;&nbsp;&nbsp;NZD | 9460000 | &nbsp;&nbsp;&nbsp;&nbsp;5789875 |
| Government of New Zealand | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-15-35 | &nbsp;&nbsp;&nbsp;NZD | 10225000 | &nbsp;&nbsp;&nbsp;&nbsp;6087658 |
| New Zealand Local Government Funding Agency | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;04-15-37 | &nbsp;&nbsp;&nbsp;NZD | 10590000 | &nbsp;&nbsp;&nbsp;&nbsp;4505225 |
| New Zealand Local Government Funding Agency | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;05-15-31 | &nbsp;&nbsp;&nbsp;NZD | 8170000 | &nbsp;&nbsp;&nbsp;&nbsp;4307414 |
| New Zealand Local Government Funding Agency | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;04-14-33 | &nbsp;&nbsp;&nbsp;NZD | 3595000 | &nbsp;&nbsp;&nbsp;&nbsp;1961796 |
| New Zealand Local Government Funding Agency | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-14-32 | &nbsp;&nbsp;&nbsp;NZD | 8400000 | &nbsp;&nbsp;&nbsp;&nbsp;4957552 |
| New Zealand Local Government Funding Agency | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-08-34 | &nbsp;&nbsp;AUD | 6945000 | &nbsp;&nbsp;&nbsp;&nbsp;4527333 |
| **Norway 1.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;**19199162** |
| Kingdom of Norway (A) | &nbsp;&nbsp;1.250 | &nbsp;&nbsp;09-17-31 | &nbsp;&nbsp;NOK | 16455000 | &nbsp;&nbsp;&nbsp;&nbsp;1379833 |
| Kingdom of Norway (A) | &nbsp;&nbsp;2.125 | &nbsp;&nbsp;05-18-32 | &nbsp;&nbsp;NOK | 113695000 | &nbsp;&nbsp;&nbsp;&nbsp;9959851 |
| Kingdom of Norway (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-15-33 | &nbsp;&nbsp;NOK | 24200000 | &nbsp;&nbsp;&nbsp;&nbsp;2217229 |
| Kingdom of Norway (A) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;10-06-42 | &nbsp;&nbsp;NOK | 6532000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604960 |
| Kingdom of Norway (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;06-12-35 | &nbsp;&nbsp;NOK | 26495000 | &nbsp;&nbsp;&nbsp;&nbsp;2545239 |
| Kommunalbanken AS | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;08-03-32 | &nbsp;&nbsp;AUD | 3140000 | &nbsp;&nbsp;&nbsp;&nbsp;1769925 |
| Kommunalbanken AS | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-16-25 | &nbsp;&nbsp;AUD | 1120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722125 |
| **Philippines 1.8%** |  |  |  |  | &nbsp;&nbsp;&nbsp;**30893730** |
| Republic of the Philippines | &nbsp;&nbsp;0.875 | &nbsp;&nbsp;05-17-27 | &nbsp;&nbsp;&nbsp;EUR | 4645000 | &nbsp;&nbsp;&nbsp;&nbsp;5089412 |
| Republic of the Philippines | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;08-22-28 | &nbsp;&nbsp;&nbsp;PHP | 211785000 | &nbsp;&nbsp;&nbsp;&nbsp;3831196 |
| Republic of the Philippines | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;01-14-36 | &nbsp;&nbsp;&nbsp;PHP | 142000000 | &nbsp;&nbsp;&nbsp;&nbsp;2479007 |
| Republic of the Philippines | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;07-27-30 | &nbsp;&nbsp;&nbsp;PHP | 439160000 | &nbsp;&nbsp;&nbsp;&nbsp;8046112 |
| Republic of the Philippines | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;04-28-35 | &nbsp;&nbsp;&nbsp;PHP | 80030000 | &nbsp;&nbsp;&nbsp;&nbsp;1446258 |
| Republic of the Philippines | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;05-19-29 | &nbsp;&nbsp;&nbsp;PHP | 213960000 | &nbsp;&nbsp;&nbsp;&nbsp;3919629 |
| Republic of the Philippines | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;09-15-32 | &nbsp;&nbsp;&nbsp;PHP | 235270000 | &nbsp;&nbsp;&nbsp;&nbsp;4382281 |
| Republic of the Philippines | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;09-30-35 | &nbsp;&nbsp;&nbsp;PHP | 84500000 | &nbsp;&nbsp;&nbsp;&nbsp;1699835 |
| **Qatar 0.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**2168516** |
| State of Qatar (A) | &nbsp;&nbsp;4.817 | &nbsp;&nbsp;03-14-49 |  | 2440000 | &nbsp;&nbsp;&nbsp;&nbsp;2168516 |
| **Singapore 0.4%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**7237459** |
| Republic of Singapore | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;09-01-33 | &nbsp;&nbsp;&nbsp;SGD | 8690000 | &nbsp;&nbsp;&nbsp;&nbsp;7237459 |
| **United Arab Emirates 0.1%** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**1231686** |
| Government of Abu Dhabi (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;04-16-50 |  | 1625000 | &nbsp;&nbsp;&nbsp;&nbsp;1231686 |
| **United Kingdom 1.8%** |  |  |  |  | &nbsp;&nbsp;&nbsp;**30239520** |
| Government of the United Kingdom | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;01-31-33 | &nbsp;&nbsp;&nbsp;GBP | 9650000 | &nbsp;&nbsp;&nbsp;&nbsp;12024680 |
| Government of the United Kingdom | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-22-31 | &nbsp;&nbsp;&nbsp;GBP | 8005000 | &nbsp;&nbsp;&nbsp;&nbsp;10611237 |

---

5 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **United Kingdom (continued)** |  |  |  |  |  |
| Government of the United Kingdom | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-31-34 | &nbsp;&nbsp;GBP | 3450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4530854 |
| Government of the United Kingdom | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;03-07-36 | &nbsp;&nbsp;GBP | 2375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3072749 |
| **Corporate bonds 41.9%** | **Corporate bonds 41.9%** |  |  |  | **$712217132** |
| (Cost $745,218,873) |  |  |  |  |  |
| **Communication services 3.7%** | **Communication services 3.7%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**62207563** |
| **Diversified telecommunication services 0.1%** | **Diversified telecommunication services 0.1%** | **Diversified telecommunication services 0.1%** |  |  |  |
| Cellnex Finance Company SA | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;09-15-32 | &nbsp;&nbsp;EUR | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1537555 |
| **Entertainment 0.1%** | **Entertainment 0.1%** | **Entertainment 0.1%** |  |  |  |
| WMG Acquisition Corp. (A)(B) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-15-31 |  | 1070000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958410 |
| **Interactive media and services 0.3%** | **Interactive media and services 0.3%** | **Interactive media and services 0.3%** |  |  |  |
| Alphabet, Inc. | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-06-33 | &nbsp;&nbsp;EUR | 2953000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3342084 |
| Match Group Holdings II LLC (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;08-01-30 |  | 2690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2482633 |
| **Media 1.8%** | **Media 1.8%** | **Media 1.8%** |  |  |  |
| Charter Communications Operating LLC | &nbsp;&nbsp;2.800 | &nbsp;&nbsp;04-01-31 |  | 2400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2107324 |
| Charter Communications Operating LLC | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;07-01-49 |  | 7775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6255501 |
| Charter Communications Operating LLC | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-01-48 |  | 5595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4909711 |
| Charter Communications Operating LLC | &nbsp;&nbsp;6.484 | &nbsp;&nbsp;10-23-45 |  | 2280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2194087 |
| News Corp. (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;05-15-29 |  | 6685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6340049 |
| Sirius XM Radio LLC (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;07-01-30 |  | 4245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3856874 |
| Virgin Media Secured Finance PLC (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;08-15-30 |  | 2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2077561 |
| Virgin Media Secured Finance PLC (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;05-15-29 |  | 2489000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2421411 |
| **Wireless telecommunication services 1.4%** | **Wireless telecommunication services 1.4%** | **Wireless telecommunication services 1.4%** |  |  |  |
| T-Mobile USA, Inc. | &nbsp;&nbsp;2.700 | &nbsp;&nbsp;03-15-32 |  | 1965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1707679 |
| T-Mobile USA, Inc. | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;02-15-31 |  | 1815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1633376 |
| T-Mobile USA, Inc. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;04-15-31 |  | 3585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3331173 |
| T-Mobile USA, Inc. | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;04-15-30 |  | 3220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3104940 |
| Vmed O2 UK Financing I PLC (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;01-31-31 |  | 11510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10416632 |
| Vmed O2 UK Financing I PLC (A) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;04-15-32 | &nbsp;&nbsp;EUR | 3015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3530563 |
| **Consumer discretionary 3.8%** | **Consumer discretionary 3.8%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**63815356** |
| **Automobiles 1.3%** | **Automobiles 1.3%** | **Automobiles 1.3%** |  |  |  |
| Ford Motor Company | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;02-12-32 |  | 13418000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11072630 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;2.900 | &nbsp;&nbsp;02-16-28 |  | 1605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1484880 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-13-30 |  | 3145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800812 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;4.542 | &nbsp;&nbsp;08-01-26 |  | 1160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1143431 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;5.780 | &nbsp;&nbsp;04-30-30 | &nbsp;&nbsp;GBP | 1430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1896907 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 6

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |  |  |  |  |
| **Automobiles (continued)** | **Automobiles (continued)** | **Automobiles (continued)** |  |  |  |
| General Motors Financial Company, Inc. (5.700% to 9-30-30, then 5 Year CMT + 4.997%) (C) | &nbsp;&nbsp;5.700 | &nbsp;&nbsp;09-30-30 |  | 1796000 | &nbsp;&nbsp;&nbsp;$1722918 |
| General Motors Financial Company, Inc. (6.500% to 9-30-28, then 3 month LIBOR + 3.436%) (C) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;09-30-28 |  | 1256000 | &nbsp;&nbsp;&nbsp;&nbsp;1224895 |
| **Hotels, restaurants and leisure 2.5%** | **Hotels, restaurants and leisure 2.5%** | **Hotels, restaurants and leisure 2.5%** |  |  |  |
| Carnival Corp. (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-30 | &nbsp;&nbsp;EUR | 2060000 | &nbsp;&nbsp;&nbsp;&nbsp;2511488 |
| Hilton Domestic Operating Company, Inc. (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;02-15-32 |  | 2655000 | &nbsp;&nbsp;&nbsp;&nbsp;2363083 |
| Hilton Domestic Operating Company, Inc. | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;01-15-30 |  | 1300000 | &nbsp;&nbsp;&nbsp;&nbsp;1274193 |
| Hyatt Hotels Corp. | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-23-30 |  | 3416000 | &nbsp;&nbsp;&nbsp;&nbsp;3481331 |
| MGM Resorts International | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-15-28 |  | 470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459712 |
| NCL Corp., Ltd. (A) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-01-32 |  | 3535000 | &nbsp;&nbsp;&nbsp;&nbsp;3535658 |
| New Red Finance, Inc. (A) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;02-15-29 |  | 3239000 | &nbsp;&nbsp;&nbsp;&nbsp;3054425 |
| New Red Finance, Inc. (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;01-15-28 |  | 1833000 | &nbsp;&nbsp;&nbsp;&nbsp;1774261 |
| Royal Caribbean Cruises, Ltd. (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;02-01-33 |  | 5430000 | &nbsp;&nbsp;&nbsp;&nbsp;5449491 |
| Travel + Leisure Company (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;12-01-29 |  | 4124000 | &nbsp;&nbsp;&nbsp;&nbsp;3918636 |
| Yum! Brands, Inc. | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;03-15-31 |  | 8470000 | &nbsp;&nbsp;&nbsp;&nbsp;7699216 |
| Yum! Brands, Inc. | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;01-31-32 |  | 3490000 | &nbsp;&nbsp;&nbsp;&nbsp;3309515 |
| Yum! Brands, Inc. (A) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;01-15-30 |  | 3720000 | &nbsp;&nbsp;&nbsp;&nbsp;3637874 |
| **Consumer staples 2.9%** | **Consumer staples 2.9%** |  |  |  | **49917834** |
| **Beverages 0.2%** | **Beverages 0.2%** | **Beverages 0.2%** |  |  |  |
| Becle SAB de CV (A) | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;10-14-31 |  | 3855000 | &nbsp;&nbsp;&nbsp;&nbsp;3171426 |
| **Consumer staples distribution and retail 0.1%** | **Consumer staples distribution and retail 0.1%** | **Consumer staples distribution and retail 0.1%** |  |  |  |
| Performance Food Group, Inc. (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-01-29 |  | 2235000 | &nbsp;&nbsp;&nbsp;&nbsp;2130252 |
| **Food products 2.6%** | **Food products 2.6%** | **Food products 2.6%** |  |  |  |
| Bimbo Bakeries USA, Inc. (A) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;01-09-36 |  | 3155000 | &nbsp;&nbsp;&nbsp;&nbsp;3041283 |
| Darling Ingredients, Inc. (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;06-15-30 |  | 2820000 | &nbsp;&nbsp;&nbsp;&nbsp;2824734 |
| JBS USA LUX SA (B) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;01-15-32 |  | 2990000 | &nbsp;&nbsp;&nbsp;&nbsp;2687938 |
| JBS USA LUX SA | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-01-33 |  | 1936000 | &nbsp;&nbsp;&nbsp;&nbsp;1961052 |
| Kraft Heinz Foods Company | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;06-01-46 |  | 4350000 | &nbsp;&nbsp;&nbsp;&nbsp;3434079 |
| Kraft Heinz Foods Company | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;01-26-39 |  | 3480000 | &nbsp;&nbsp;&nbsp;&nbsp;3756928 |
| Kraft Heinz Foods Company (A) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;08-01-39 |  | 3060000 | &nbsp;&nbsp;&nbsp;&nbsp;3373537 |
| MARB BondCo PLC (A) | &nbsp;&nbsp;3.950 | &nbsp;&nbsp;01-29-31 |  | 6410000 | &nbsp;&nbsp;&nbsp;&nbsp;5640034 |
| Mars, Inc. (A) | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;03-01-35 |  | 4745000 | &nbsp;&nbsp;&nbsp;&nbsp;4727201 |
| NBM US Holdings, Inc. (A) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;05-14-26 |  | 935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935984 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;09-15-31 |  | 1210000 | &nbsp;&nbsp;&nbsp;&nbsp;1103301 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-15-30 |  | 4235000 | &nbsp;&nbsp;&nbsp;&nbsp;4007925 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;12-15-29 |  | 1050000 | &nbsp;&nbsp;&nbsp;&nbsp;1036962 |

---

7 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Consumer staples (continued)** | **Consumer staples (continued)** |  |  |  |
| **Food products (continued)** | **Food products (continued)** | **Food products (continued)** |  |  |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-01-33 | 6130000 | &nbsp;&nbsp;&nbsp;&nbsp;$6085198 |
| **Energy 7.4%** | **Energy 7.4%** |  |  | **126683962** |
| **Energy equipment and services 0.2%** | **Energy equipment and services 0.2%** | **Energy equipment and services 0.2%** |  |  |
| Helmerich & Payne, Inc. | &nbsp;&nbsp;2.900 | &nbsp;&nbsp;09-29-31 | 4645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789030 |
| **Oil, gas and consumable fuels 7.2%** | **Oil, gas and consumable fuels 7.2%** | **Oil, gas and consumable fuels 7.2%** |  |  |
| Aker BP ASA (A) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;10-01-34 | 4940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4633217 |
| Antero Resources Corp. (A) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;03-01-30 | 1860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1826044 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;02-07-28 &nbsp;&nbsp;CAD | 2280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1656200 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;06-15-47 | 2411000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2074672 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;11-15-39 | 8010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8436916 |
| Cheniere Energy Partners LP | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-01-31 | 5960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5584483 |
| Columbia Pipelines Operating Company LLC (A) | &nbsp;&nbsp;6.036 | &nbsp;&nbsp;11-15-33 | 3795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3906221 |
| Continental Resources, Inc. (A) | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;04-01-32 | 6869000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5619086 |
| Continental Resources, Inc. (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-31 | 4811000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4789530 |
| Enbridge, Inc. (7.200% to 6-27-34, then 5 Year CMT + 2.970%) | &nbsp;&nbsp;7.200 | &nbsp;&nbsp;06-27-54 | 3530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3546246 |
| Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01-15-84 | 4285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4649735 |
| Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (C) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;05-15-30 | 5290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5312736 |
| Energy Transfer LP (8.000% to 5-15-29, then 5 Year CMT + 4.020%) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;05-15-54 | 5545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5812208 |
| EQT Corp. (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;05-15-31 | 6900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6292126 |
| EQT Corp. | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;02-01-34 | 2070000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083814 |
| MC Brazil Downstream Trading SARL (A) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;06-30-31 | 3659568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2863612 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;01-01-31 | 3520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3583610 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.450 | &nbsp;&nbsp;09-15-36 | 3640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3577071 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;09-01-30 | 4275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4452045 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;05-01-31 | 1545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663004 |
| Ovintiv, Inc. | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;08-15-34 | 3015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3021512 |
| Ovintiv, Inc. | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-01-38 | 2670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2601465 |
| Petrorio Luxembourg Holding Sarl (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;06-09-26 | 2400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2419291 |
| QatarEnergy (A) | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;07-12-31 | 1775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1545169 |
| QatarEnergy (A) | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;07-12-51 | 1405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920767 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 8

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Energy (continued)** | **Energy (continued)** |  |  |  |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |  |  |
| South Bow Canadian Infrastructure Holdings, Ltd. (7.500% to 3-1-35, then 5 Year CMT + 3.667%) (A) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;03-01-55 |  | 2265000 | &nbsp;&nbsp;&nbsp;&nbsp;$2258593 |
| Targa Resources Partners LP | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-32 |  | 2375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2171742 |
| The Williams Companies, Inc. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;11-15-30 |  | 4785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4477617 |
| TransCanada PipeLines, Ltd. | &nbsp;&nbsp;4.100 | &nbsp;&nbsp;04-15-30 |  | 5375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5206099 |
| TransCanada PipeLines, Ltd. (7.000% to 6-1-30, then 5 Year CMT + 2.614%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;06-01-65 |  | 2875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2846617 |
| Transcanada Trust (5.600% to 3-7-32, then 5 Year CMT + 3.986% to 3-7-52, then 5 Year CMT + 4.736%) | &nbsp;&nbsp;5.600 | &nbsp;&nbsp;03-07-82 |  | 3640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3423139 |
| Var Energi ASA (A) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;05-22-35 |  | 3770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3805815 |
| Var Energi ASA (A) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;01-15-28 |  | 1755000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1844573 |
| Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(C) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-30-29 |  | 2910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2744626 |
| Western Midstream Operating LP | &nbsp;&nbsp;4.050 | &nbsp;&nbsp;02-01-30 |  | 1310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245331 |
| **Financials 9.4%** | **Financials 9.4%** |  |  |  | **160485226** |
| **Banks 7.1%** | **Banks 7.1%** | **Banks 7.1%** |  |  |  |
| Asian Development Bank | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;01-22-29 | &nbsp;&nbsp;NOK | 23000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2215952 |
| Asian Development Bank | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;08-18-25 | &nbsp;&nbsp;&nbsp;NZD | 2405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437845 |
| Asian Development Bank | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;10-06-26 | &nbsp;&nbsp;&nbsp;INR | 147000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706719 |
| Bank of America Corp. (1.102% to 5-24-31, then 3 month EURIBOR + 0.950%) | &nbsp;&nbsp;1.102 | &nbsp;&nbsp;05-24-32 | &nbsp;&nbsp;&nbsp;EUR | 3125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3129109 |
| Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (C) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-01-30 |  | 8045000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8172497 |
| Bank of Montreal (7.300% to 11-26-34, then 5 Year CMT + 3.010%) | &nbsp;&nbsp;7.300 | &nbsp;&nbsp;11-26-84 |  | 2420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2421914 |
| Bank of Montreal (7.325% to 11-26-27, then 5 Year Canada Government Bond Yield + 4.098%) | &nbsp;&nbsp;7.325 | &nbsp;&nbsp;11-26-82 | &nbsp;&nbsp;CAD | 6050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4604057 |
| Barclays PLC (7.625% to 9-15-35, then 5 Year SOFR ICE Swap Rate + 3.686%) (C) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;03-15-35 |  | 4204000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4153098 |
| BNP Paribas SA (7.375% to 9-10-34, then 5 Year CMT + 3.535%) (A)(C) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;09-10-34 |  | 3095000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3115306 |
| Comerica, Inc. (5.625% to 10-1-25, then 5 Year CMT + 5.291%) (B)(C) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;07-01-25 |  | 8005000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7990412 |
| European Investment Bank | &nbsp;&nbsp;0.250 | &nbsp;&nbsp;01-20-32 | &nbsp;&nbsp;&nbsp;EUR | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160910 |

---

9 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Financials (continued)** | **Financials (continued)** |  |  |  |  |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |  |  |  |
| European Investment Bank | &nbsp;&nbsp;1.250 | &nbsp;&nbsp;02-17-27 | &nbsp;&nbsp;NOK | 11040000 | &nbsp;&nbsp;$1034352 |
| HSBC Holdings PLC (5.790% to 5-13-35, then Overnight SOFR + 1.880%) | &nbsp;&nbsp;5.790 | &nbsp;&nbsp;05-13-36 |  | 3980000 | &nbsp;&nbsp;&nbsp;&nbsp;4007778 |
| HSBC Holdings PLC (6.950% to 2-27-32, then 5 Year CMT + 2.635%) (C) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;08-27-31 |  | 5865000 | &nbsp;&nbsp;&nbsp;&nbsp;5831656 |
| HSBC Holdings PLC (7.050% to 12-5-30, then 5 Year CMT + 2.987%) (C) | &nbsp;&nbsp;7.050 | &nbsp;&nbsp;06-05-30 |  | 9053000 | &nbsp;&nbsp;&nbsp;&nbsp;9053819 |
| Independent Bank Corp. (7.250% to 4-1-30, then 3 month CME Term SOFR + 3.530%) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;04-01-35 |  | 3290000 | &nbsp;&nbsp;&nbsp;&nbsp;3299377 |
| Inter-American Development Bank | &nbsp;&nbsp;2.700 | &nbsp;&nbsp;01-29-26 | &nbsp;&nbsp;AUD | 2852000 | &nbsp;&nbsp;&nbsp;&nbsp;1825475 |
| Inter-American Development Bank | &nbsp;&nbsp;2.750 | &nbsp;&nbsp;10-30-25 | &nbsp;&nbsp;AUD | 1095000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702540 |
| Inter-American Development Bank | &nbsp;&nbsp;3.770 | &nbsp;&nbsp;11-17-27 | &nbsp;&nbsp;NOK | 24670000 | &nbsp;&nbsp;&nbsp;&nbsp;2395653 |
| Inter-American Development Bank | &nbsp;&nbsp;4.700 | &nbsp;&nbsp;10-03-30 | &nbsp;&nbsp;AUD | 4260000 | &nbsp;&nbsp;&nbsp;&nbsp;2834334 |
| International Bank for Reconstruction & Development | &nbsp;&nbsp;1.250 | &nbsp;&nbsp;03-16-26 | &nbsp;&nbsp;NOK | 14270000 | &nbsp;&nbsp;&nbsp;&nbsp;1364257 |
| International Bank for Reconstruction & Development | &nbsp;&nbsp;1.800 | &nbsp;&nbsp;01-19-27 | &nbsp;&nbsp;CAD | 1935000 | &nbsp;&nbsp;&nbsp;&nbsp;1390250 |
| International Development Association | &nbsp;&nbsp;1.750 | &nbsp;&nbsp;02-17-27 | &nbsp;&nbsp;NOK | 13510000 | &nbsp;&nbsp;&nbsp;&nbsp;1270521 |
| International Finance Corp. | &nbsp;&nbsp;0.500 | &nbsp;&nbsp;10-08-25 | &nbsp;&nbsp;NOK | 45610000 | &nbsp;&nbsp;&nbsp;&nbsp;4405011 |
| Nordic Investment Bank | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;02-16-35 | &nbsp;&nbsp;NOK | 18340000 | &nbsp;&nbsp;&nbsp;&nbsp;1637924 |
| Nordic Investment Bank | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-04-26 | &nbsp;&nbsp;NOK | 9000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877372 |
| Nykredit Realkredit A/S | &nbsp;&nbsp;1.000 | &nbsp;&nbsp;07-01-25 | &nbsp;&nbsp;&nbsp;DKK | 13680000 | &nbsp;&nbsp;&nbsp;&nbsp;2080647 |
| Realkredit Danmark A/S | &nbsp;&nbsp;1.000 | &nbsp;&nbsp;01-01-26 | &nbsp;&nbsp;&nbsp;DKK | 15920000 | &nbsp;&nbsp;&nbsp;&nbsp;2410496 |
| Royal Bank of Canada (4.200% to 2-24-27, then 5 Year Canada Government Bond Yield + 2.710%) (C) | &nbsp;&nbsp;4.200 | &nbsp;&nbsp;02-24-27 | &nbsp;&nbsp;CAD | 3040000 | &nbsp;&nbsp;&nbsp;&nbsp;1959525 |
| Royal Bank of Canada (6.350% to 11-24-34, then 5 Year CMT + 2.257%) | &nbsp;&nbsp;6.350 | &nbsp;&nbsp;11-24-84 |  | 3790000 | &nbsp;&nbsp;&nbsp;&nbsp;3561348 |
| Royal Bank of Canada (7.500% to 5-2-29, then 5 Year CMT + 2.887%) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;05-02-84 |  | 7915000 | &nbsp;&nbsp;&nbsp;&nbsp;8228371 |
| Societe Generale SA (8.125% to 5-21-30, then 5 Year CMT + 3.790%) (A)(C) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;11-21-29 |  | 5680000 | &nbsp;&nbsp;&nbsp;&nbsp;5711001 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 10

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Financials (continued)** | **Financials (continued)** |  |  |  |  |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |  |  |  |
| The Asian Infrastructure Investment Bank | &nbsp;&nbsp;0.200 | &nbsp;&nbsp;12-15-25 | &nbsp;&nbsp;GBP | 2385000 | &nbsp;&nbsp;&nbsp;$3143922 |
| The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;10-27-82 |  | 5180000 | &nbsp;&nbsp;&nbsp;&nbsp;5457254 |
| The Toronto-Dominion Bank (8.125% to 10-31-27, then 5 Year CMT + 4.075%) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;10-31-82 |  | 4375000 | &nbsp;&nbsp;&nbsp;&nbsp;4582073 |
| U.S. Bancorp (3.700% to 1-15-27, then 5 Year CMT + 2.541%) (C) | &nbsp;&nbsp;3.700 | &nbsp;&nbsp;01-15-27 |  | 3300000 | &nbsp;&nbsp;&nbsp;&nbsp;3145048 |
| Wells Fargo & Company (3.900% to 7-22-31, then 3 month EURIBOR + 1.220%) | &nbsp;&nbsp;3.900 | &nbsp;&nbsp;07-22-32 | &nbsp;&nbsp;EUR | 595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694279 |
| **Capital markets 1.4%** | **Capital markets 1.4%** | **Capital markets 1.4%** |  |  |  |
| MSCI, Inc. (A) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;08-15-33 |  | 1875000 | &nbsp;&nbsp;&nbsp;&nbsp;1608445 |
| MSCI, Inc. (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;09-01-30 |  | 4865000 | &nbsp;&nbsp;&nbsp;&nbsp;4506122 |
| MSCI, Inc. (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;11-01-31 |  | 3952000 | &nbsp;&nbsp;&nbsp;&nbsp;3587375 |
| MSCI, Inc. (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;02-15-31 |  | 3660000 | &nbsp;&nbsp;&nbsp;&nbsp;3408050 |
| The Goldman Sachs Group, Inc. (3.500% to 1-23-32, then 3 month EURIBOR + 1.150%) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;01-23-33 | &nbsp;&nbsp;EUR | 1645000 | &nbsp;&nbsp;&nbsp;&nbsp;1877130 |
| UBS Group AG (7.125% to 2-10-35, then 5 Year SOFR ICE Swap Rate + 3.179%) (A)(C) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;08-10-34 |  | 8530000 | &nbsp;&nbsp;&nbsp;&nbsp;8369871 |
| **Financial services 0.4%** | **Financial services 0.4%** | **Financial services 0.4%** |  |  |  |
| Berkshire Hathaway Finance Corp. | &nbsp;&nbsp;2.375 | &nbsp;&nbsp;06-19-39 | &nbsp;&nbsp;GBP | 2250000 | &nbsp;&nbsp;&nbsp;&nbsp;2058692 |
| Berkshire Hathaway Finance Corp. | &nbsp;&nbsp;4.200 | &nbsp;&nbsp;08-15-48 |  | 2315000 | &nbsp;&nbsp;&nbsp;&nbsp;1900198 |
| Fidelity National Information Services, Inc. | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;05-21-30 | &nbsp;&nbsp;EUR | 2390000 | &nbsp;&nbsp;&nbsp;&nbsp;2571711 |
| **Insurance 0.5%** | **Insurance 0.5%** | **Insurance 0.5%** |  |  |  |
| American International Group, Inc. (8.175% to 5-15-38, then 3 month LIBOR + 4.195%) | &nbsp;&nbsp;8.175 | &nbsp;&nbsp;05-15-58 |  | 7990000 | &nbsp;&nbsp;&nbsp;&nbsp;8585530 |
| **Health care 2.7%** | **Health care 2.7%** |  |  |  | **45593919** |
| **Health care equipment and supplies 0.2%** | **Health care equipment and supplies 0.2%** | **Health care equipment and supplies 0.2%** |  |  |  |
| Boston Scientific Corp. | &nbsp;&nbsp;0.625 | &nbsp;&nbsp;12-01-27 | &nbsp;&nbsp;EUR | 3355000 | &nbsp;&nbsp;&nbsp;&nbsp;3648366 |
| **Health care providers and services 2.4%** | **Health care providers and services 2.4%** | **Health care providers and services 2.4%** |  |  |  |
| Centene Corp. | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;03-01-31 |  | 3445000 | &nbsp;&nbsp;&nbsp;&nbsp;2925073 |
| Centene Corp. | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;10-15-30 |  | 6540000 | &nbsp;&nbsp;&nbsp;&nbsp;5753082 |
| Centene Corp. | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;02-15-30 |  | 5115000 | &nbsp;&nbsp;&nbsp;&nbsp;4661809 |
| Centene Corp. | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;12-15-29 |  | 1170000 | &nbsp;&nbsp;&nbsp;&nbsp;1126711 |
| HCA, Inc. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;09-01-30 |  | 16505000 | &nbsp;&nbsp;&nbsp;15394881 |

---

11 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Health care (continued)** | **Health care (continued)** |  |  |  |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |  |  |
| HCA, Inc. | &nbsp;&nbsp;5.600 | &nbsp;&nbsp;04-01-34 |  | 8210000 | &nbsp;&nbsp;&nbsp;$8255670 |
| Rede D'Or Finance Sarl (A)(B) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;01-22-30 |  | 1336000 | &nbsp;&nbsp;&nbsp;&nbsp;1258152 |
| Rede D'Or Finance Sarl (A)(B) | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;01-17-28 |  | 1326000 | &nbsp;&nbsp;&nbsp;&nbsp;1310609 |
| **Pharmaceuticals 0.1%** | **Pharmaceuticals 0.1%** | **Pharmaceuticals 0.1%** |  |  |  |
| Allergan Funding SCS | &nbsp;&nbsp;2.625 | &nbsp;&nbsp;11-15-28 | &nbsp;&nbsp;EUR | 1145000 | &nbsp;&nbsp;&nbsp;&nbsp;1259566 |
| **Industrials 3.9%** | **Industrials 3.9%** |  |  |  | **65575072** |
| **Aerospace and defense 1.2%** | **Aerospace and defense 1.2%** | **Aerospace and defense 1.2%** |  |  |  |
| Airbus SE | &nbsp;&nbsp;1.625 | &nbsp;&nbsp;06-09-30 | &nbsp;&nbsp;EUR | 1135000 | &nbsp;&nbsp;&nbsp;&nbsp;1225699 |
| DAE Funding LLC (A) | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;03-20-28 |  | 2530000 | &nbsp;&nbsp;&nbsp;&nbsp;2424108 |
| The Boeing Company | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;05-01-30 |  | 6745000 | &nbsp;&nbsp;&nbsp;&nbsp;6804134 |
| The Boeing Company | &nbsp;&nbsp;5.805 | &nbsp;&nbsp;05-01-50 |  | 1445000 | &nbsp;&nbsp;&nbsp;&nbsp;1353142 |
| TransDigm, Inc. (A) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;12-01-31 |  | 8384000 | &nbsp;&nbsp;&nbsp;&nbsp;8672837 |
| **Building products 0.1%** | **Building products 0.1%** | **Building products 0.1%** |  |  |  |
| Johnson Controls International PLC | &nbsp;&nbsp;0.375 | &nbsp;&nbsp;09-15-27 | &nbsp;&nbsp;EUR | 1080000 | &nbsp;&nbsp;&nbsp;&nbsp;1171378 |
| **Ground transportation 0.3%** | **Ground transportation 0.3%** | **Ground transportation 0.3%** |  |  |  |
| Indian Railway Finance Corp., Ltd. (A) | &nbsp;&nbsp;3.249 | &nbsp;&nbsp;02-13-30 |  | 2545000 | &nbsp;&nbsp;&nbsp;&nbsp;2364350 |
| Uber Technologies, Inc. | &nbsp;&nbsp;4.800 | &nbsp;&nbsp;09-15-34 |  | 2550000 | &nbsp;&nbsp;&nbsp;&nbsp;2460687 |
| **Machinery 0.2%** | **Machinery 0.2%** | **Machinery 0.2%** |  |  |  |
| Stanley Black & Decker, Inc. (6.707% to 3-15-30, then 5 Year CMT + 2.657%) | &nbsp;&nbsp;6.707 | &nbsp;&nbsp;03-15-60 |  | 3360000 | &nbsp;&nbsp;&nbsp;&nbsp;3258379 |
| **Passenger airlines 1.4%** | **Passenger airlines 1.4%** | **Passenger airlines 1.4%** |  |  |  |
| American Airlines, Inc. (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-20-29 |  | 7495000 | &nbsp;&nbsp;&nbsp;&nbsp;7359923 |
| American Airlines, Inc. (A)(B) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;05-15-29 |  | 2373000 | &nbsp;&nbsp;&nbsp;&nbsp;2458701 |
| Delta Air Lines 2020-1 Class A Pass Through Trust | &nbsp;&nbsp;2.500 | &nbsp;&nbsp;06-10-28 |  | 1231274 | &nbsp;&nbsp;&nbsp;&nbsp;1154250 |
| Delta Air Lines, Inc. | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;04-19-28 |  | 2105000 | &nbsp;&nbsp;&nbsp;&nbsp;2077328 |
| JetBlue Airways Corp. (A)(B) | &nbsp;&nbsp;9.875 | &nbsp;&nbsp;09-20-31 |  | 4115000 | &nbsp;&nbsp;&nbsp;&nbsp;4070417 |
| United Airlines, Inc. (A) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-15-29 |  | 6490000 | &nbsp;&nbsp;&nbsp;&nbsp;6164538 |
| **Trading companies and distributors 0.7%** | **Trading companies and distributors 0.7%** | **Trading companies and distributors 0.7%** |  |  |  |
| AerCap Ireland Capital DAC (6.950% to 3-10-30, then 5 Year CMT + 2.720%) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;03-10-55 |  | 4090000 | &nbsp;&nbsp;&nbsp;&nbsp;4195140 |
| United Rentals North America, Inc. | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;02-15-31 |  | 6395000 | &nbsp;&nbsp;&nbsp;&nbsp;5900610 |
| United Rentals North America, Inc. | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-30 |  | 2620000 | &nbsp;&nbsp;&nbsp;&nbsp;2459451 |
| **Information technology 0.6%** | **Information technology 0.6%** |  |  |  | **10519705** |
| **IT services 0.3%** | **IT services 0.3%** | **IT services 0.3%** |  |  |  |
| Gartner, Inc. (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;10-01-30 |  | 5765000 | &nbsp;&nbsp;&nbsp;&nbsp;5384641 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 12

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Information technology (continued)** | **Information technology (continued)** |  |  |  |  |
| **Technology hardware, storage and peripherals 0.3%** | **Technology hardware, storage and peripherals 0.3%** | **Technology hardware, storage and peripherals 0.3%** |  |  |  |
| CDW LLC | &nbsp;&nbsp;3.569 | &nbsp;&nbsp;12-01-31 |  | 1415000 | &nbsp;&nbsp;&nbsp;$1283007 |
| Dell International LLC | &nbsp;&nbsp;8.350 | &nbsp;&nbsp;07-15-46 |  | 3112000 | &nbsp;&nbsp;&nbsp;&nbsp;3852057 |
| **Materials 2.7%** | **Materials 2.7%** |  |  |  | **46733047** |
| **Chemicals 0.1%** | **Chemicals 0.1%** | **Chemicals 0.1%** |  |  |  |
| Braskem Netherlands Finance BV (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;01-31-30 |  | 2328000 | &nbsp;&nbsp;&nbsp;&nbsp;1909004 |
| Braskem Netherlands Finance BV (A)(B) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;01-31-50 |  | 990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655611 |
| **Construction materials 0.5%** | **Construction materials 0.5%** | **Construction materials 0.5%** |  |  |  |
| Quikrete Holdings, Inc. (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-01-32 |  | 8298000 | &nbsp;&nbsp;&nbsp;&nbsp;8432071 |
| **Containers and packaging 0.9%** | **Containers and packaging 0.9%** | **Containers and packaging 0.9%** |  |  |  |
| Ardagh Metal Packaging Finance USA LLC (A) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;09-01-28 |  | 2110000 | &nbsp;&nbsp;&nbsp;&nbsp;1940439 |
| Ball Corp. | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;08-15-30 |  | 9175000 | &nbsp;&nbsp;&nbsp;&nbsp;8131848 |
| Ball Corp. | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;03-15-28 |  | 4670000 | &nbsp;&nbsp;&nbsp;&nbsp;4782921 |
| **Metals and mining 1.2%** | **Metals and mining 1.2%** | **Metals and mining 1.2%** |  |  |  |
| Cleveland-Cliffs, Inc. (A) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;04-15-30 |  | 2207000 | &nbsp;&nbsp;&nbsp;&nbsp;1981275 |
| Cleveland-Cliffs, Inc. (A) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;05-01-33 |  | 5760000 | &nbsp;&nbsp;&nbsp;&nbsp;4946814 |
| Corp. Nacional del Cobre de Chile (A) | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;11-04-44 |  | 2130000 | &nbsp;&nbsp;&nbsp;&nbsp;1733101 |
| Corp. Nacional del Cobre de Chile (A) | &nbsp;&nbsp;6.440 | &nbsp;&nbsp;01-26-36 |  | 2830000 | &nbsp;&nbsp;&nbsp;&nbsp;2896793 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;08-01-30 |  | 2050000 | &nbsp;&nbsp;&nbsp;&nbsp;2012664 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;11-14-34 |  | 1840000 | &nbsp;&nbsp;&nbsp;&nbsp;1834679 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;03-15-43 |  | 5930000 | &nbsp;&nbsp;&nbsp;&nbsp;5475827 |
| **Real estate 2.1%** | **Real estate 2.1%** |  |  |  | **35269874** |
| **Hotel and resort REITs 0.1%** | **Hotel and resort REITs 0.1%** | **Hotel and resort REITs 0.1%** |  |  |  |
| Host Hotels & Resorts LP | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;12-15-29 |  | 970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897976 |
| Host Hotels & Resorts LP | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;09-15-30 |  | 975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888124 |
| **Specialized REITs 2.0%** | **Specialized REITs 2.0%** | **Specialized REITs 2.0%** |  |  |  |
| American Tower Corp. | &nbsp;&nbsp;1.950 | &nbsp;&nbsp;05-22-26 | &nbsp;&nbsp;EUR | 785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887568 |
| American Tower Corp. | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;05-16-31 | &nbsp;&nbsp;EUR | 1725000 | &nbsp;&nbsp;&nbsp;&nbsp;2098553 |
| American Tower Trust I (A) | &nbsp;&nbsp;5.490 | &nbsp;&nbsp;03-15-28 |  | 3605000 | &nbsp;&nbsp;&nbsp;&nbsp;3650698 |
| SBA Communications Corp. | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;02-01-29 |  | 4325000 | &nbsp;&nbsp;&nbsp;&nbsp;4023532 |
| SBA Communications Corp. | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;02-15-27 |  | 7690000 | &nbsp;&nbsp;&nbsp;&nbsp;7539779 |
| VICI Properties LP (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;08-15-30 |  | 2725000 | &nbsp;&nbsp;&nbsp;&nbsp;2569497 |
| VICI Properties LP (A) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;12-01-29 |  | 1395000 | &nbsp;&nbsp;&nbsp;&nbsp;1352992 |
| VICI Properties LP | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;11-15-31 |  | 3745000 | &nbsp;&nbsp;&nbsp;&nbsp;3692933 |
| VICI Properties LP | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;05-15-32 |  | 3630000 | &nbsp;&nbsp;&nbsp;&nbsp;3556986 |
| VICI Properties LP | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;04-01-35 |  | 4160000 | &nbsp;&nbsp;&nbsp;&nbsp;4111236 |

---

13 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** |  | **Par value^** | &nbsp;&nbsp;**Value** |
| **Utilities 2.7%** | **Utilities 2.7%** |  |  |  | **$45415574** |
| **Electric utilities 1.6%** | **Electric utilities 1.6%** | **Electric utilities 1.6%** |  |  |  |
| American Electric Power Company, Inc. (6.950% to 12-15-34, then 5 Year CMT + 2.675%) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;12-15-54 |  | 7040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7198675 |
| Duke Energy Corp. (6.450% to 9-1-34, then 5 Year CMT + 2.588%) | &nbsp;&nbsp;6.450 | &nbsp;&nbsp;09-01-54 |  | 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111206 |
| Emera, Inc. (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;06-15-76 |  | 6930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6964040 |
| EUSHI Finance, Inc. (7.625% to 12-15-29, then 5 Year CMT + 3.136%) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;12-15-54 |  | 1990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2034538 |
| Exelon Corp. (6.500% to 3-15-35, then 5 Year CMT + 1.975%) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;03-15-55 |  | 3840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3835462 |
| FirstEnergy Corp. | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;09-01-30 |  | 2945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2580562 |
| The Southern Company (6.375% to 3-15-35, then 5 Year CMT + 2.069%) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-15-55 |  | 3870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3933143 |
| **Independent power and renewable electricity producers 0.3%** | **Independent power and renewable electricity producers 0.3%** | **Independent power and renewable electricity producers 0.3%** |  |  |  |
| The AES Corp. (7.600% to 1-15-30, then 5 Year CMT + 3.201%) | &nbsp;&nbsp;7.600 | &nbsp;&nbsp;01-15-55 |  | 3965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3996371 |
| **Multi-utilities 0.8%** | **Multi-utilities 0.8%** | **Multi-utilities 0.8%** |  |  |  |
| CMS Energy Corp. (6.500% to 6-1-35, then 5 Year CMT + 1.961%) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-01-55 |  | 990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976977 |
| Dominion Energy, Inc. (6.625% to 5-15-35, then 5 Year CMT + 2.207%) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-15-55 |  | 3635000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3639250 |
| Dominion Energy, Inc. (6.875% to 2-1-30, then 5 Year CMT + 2.386%) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;02-01-55 |  | 870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901252 |
| Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;06-01-54 |  | 3900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4098218 |
| E.ON SE | &nbsp;&nbsp;0.625 | &nbsp;&nbsp;11-07-31 | &nbsp;&nbsp;EUR | 1530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502612 |
| Sempra (6.550% to 4-1-35, then 5 Year CMT + 2.138%) | &nbsp;&nbsp;6.550 | &nbsp;&nbsp;04-01-55 |  | 2825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2643268 |
| **Convertible bonds 1.5%** | **Convertible bonds 1.5%** |  |  |  | **$25893674** |
| (Cost $27,475,106) |  |  |  |  |  |
| **Consumer discretionary 0.3%** | **Consumer discretionary 0.3%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**5071343** |
| **Hotels, restaurants and leisure 0.1%** | **Hotels, restaurants and leisure 0.1%** | **Hotels, restaurants and leisure 0.1%** |  |  |  |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;12-15-27 |  | 2025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881225 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 14

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |  |  |  |
| **Specialty retail 0.2%** | **Specialty retail 0.2%** | **Specialty retail 0.2%** |  |  |
| Burlington Stores, Inc. | &nbsp;&nbsp;1.250 | &nbsp;&nbsp;12-15-27 | 2505000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3190118 |
| **Industrials 0.3%** | **Industrials 0.3%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**5847536** |
| **Passenger airlines 0.3%** | **Passenger airlines 0.3%** | **Passenger airlines 0.3%** |  |  |
| Air Canada (B) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-25 | 1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458431 |
| American Airlines Group, Inc. | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;07-01-25 | 4390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4389105 |
| **Utilities 0.9%** | **Utilities 0.9%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**14974795** |
| **Electric utilities 0.7%** | **Electric utilities 0.7%** | **Electric utilities 0.7%** |  |  |
| The Southern Company (A) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;06-15-28 | 2730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2721810 |
| The Southern Company | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;06-15-27 | 4395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4789895 |
| TXNM Energy, Inc. (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;06-01-54 | 3230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4174775 |
| **Multi-utilities 0.1%** | **Multi-utilities 0.1%** | **Multi-utilities 0.1%** |  |  |
| CenterPoint Energy, Inc. | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-15-26 | 1630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790555 |
| **Water utilities 0.1%** | **Water utilities 0.1%** | **Water utilities 0.1%** |  |  |
| American Water Capital Corp. | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;06-15-26 | 1480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1497760 |
| **Term loans (D) 7.2%** |  |  |  | &nbsp;&nbsp;**$122161036** |
| (Cost $122,862,688) |  |  |  |  |
| **Communication services 0.5%** | **Communication services 0.5%** | **Communication services 0.5%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7829353** |
| **Entertainment 0.5%** | **Entertainment 0.5%** |  |  |  |
| Delta 2 Lux Sarl, 2024 Term Loan B1 (3 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.299 | &nbsp;&nbsp;09-30-31 | 2184000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2182908 |
| Delta 2 Lux Sarl, 2024 Term Loan B2 (E) | &nbsp;&nbsp;&nbsp;&nbsp;TBD | &nbsp;&nbsp;09-30-31 | 1092000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091454 |
| UFC Holdings LLC, 2024 Term Loan B (3 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;6.571 | &nbsp;&nbsp;11-21-31 | 4545355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4554991 |
| **Consumer discretionary 2.0%** | **Consumer discretionary 2.0%** | **Consumer discretionary 2.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34164307** |
| **Automobile components 0.1%** | **Automobile components 0.1%** |  |  |  |
| Clarios Global LP, 2025 USD Term Loan B (1 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;7.077 | &nbsp;&nbsp;01-28-32 | 2240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232294 |
| **Hotels, restaurants and leisure 1.8%** | **Hotels, restaurants and leisure 1.8%** |  |  |  |
| Aramark Services, Inc., 2024 Term Loan B7 (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.327 | &nbsp;&nbsp;04-06-28 | 1398000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1399748 |
| Aramark Services, Inc., 2024 Term Loan B8 (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.327 | &nbsp;&nbsp;06-22-30 | 4368420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4369337 |
| Carnival Corp., 2025 Term Loan (2027) (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.325 | &nbsp;&nbsp;08-08-27 | 1886545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1884772 |

---

15 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |  |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |  |  |
| Carnival Corp., 2025 Term Loan (2028) (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.325 | &nbsp;&nbsp;10-18-28 | 2508000 | &nbsp;&nbsp;$2504238 |
| Hilton Domestic Operating Company, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.075 | &nbsp;&nbsp;11-08-30 | 4395000 | &nbsp;&nbsp;&nbsp;&nbsp;4408097 |
| KFC Holding Company, 2021 Term Loan B (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.191 | &nbsp;&nbsp;03-15-28 | 3385130 | &nbsp;&nbsp;&nbsp;&nbsp;3406287 |
| New Red Finance, Inc., 2024 Term Loan B6 (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.077 | &nbsp;&nbsp;09-20-30 | 9603325 | &nbsp;&nbsp;&nbsp;&nbsp;9560110 |
| Travel + Leisure Company, 2024 Term Loan B (1 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;6.827 | &nbsp;&nbsp;12-14-29 | 2171037 | &nbsp;&nbsp;&nbsp;&nbsp;2161550 |
| **Specialty retail 0.1%** | **Specialty retail 0.1%** |  |  |  |
| Great Outdoors Group LLC, 2025 Term Loan B (1 month CME Term SOFR + 3.250%) | &nbsp;&nbsp;7.577 | &nbsp;&nbsp;01-23-32 | 2259338 | &nbsp;&nbsp;&nbsp;&nbsp;2237874 |
| **Consumer staples 0.1%** | **Consumer staples 0.1%** | **Consumer staples 0.1%** |  | &nbsp;&nbsp;&nbsp;**2026013** |
| **Personal care products 0.1%** | **Personal care products 0.1%** |  |  |  |
| Opal US LLC, USD Term Loan B (E) | &nbsp;&nbsp;&nbsp;&nbsp;TBD | &nbsp;&nbsp;04-28-32 | 2025000 | &nbsp;&nbsp;&nbsp;&nbsp;2026013 |
| **Energy 0.5%** | **Energy 0.5%** | **Energy 0.5%** |  | &nbsp;&nbsp;&nbsp;**8036082** |
| **Oil, gas and consumable fuels 0.5%** | **Oil, gas and consumable fuels 0.5%** |  |  |  |
| Hilcorp Energy I LP, Term Loan B (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.333 | &nbsp;&nbsp;02-11-30 | 4285000 | &nbsp;&nbsp;&nbsp;&nbsp;4272488 |
| Long Ridge Energy LLC, Term Loan B (1 month CME Term SOFR + 4.500%) | &nbsp;&nbsp;8.827 | &nbsp;&nbsp;02-19-32 | 3885000 | &nbsp;&nbsp;&nbsp;&nbsp;3763594 |
| **Health care 0.4%** | **Health care 0.4%** | **Health care 0.4%** |  | &nbsp;&nbsp;&nbsp;**6897685** |
| **Health care equipment and supplies 0.3%** | **Health care equipment and supplies 0.3%** |  |  |  |
| Medline Borrower LP, 2024 USD Add-on Term Loan B (1 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;6.577 | &nbsp;&nbsp;10-23-28 | 5907725 | &nbsp;&nbsp;&nbsp;&nbsp;5900872 |
| **Pharmaceuticals 0.1%** | **Pharmaceuticals 0.1%** |  |  |  |
| Organon & Company, 2024 USD Term Loan (1 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;6.573 | &nbsp;&nbsp;05-19-31 | 1025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996813 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 16

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Industrials 2.8%** | **Industrials 2.8%** | **Industrials 2.8%** |  | &nbsp;&nbsp;**$47958495** |
| **Aerospace and defense 0.3%** | **Aerospace and defense 0.3%** |  |  |  |
| TransDigm, Inc., 2023 Term Loan J (3 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;6.799 | &nbsp;&nbsp;02-28-31 | 1836125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1835519 |
| TransDigm, Inc., 2024 Term Loan (3 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;6.799 | &nbsp;&nbsp;01-19-32 | 1835775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1834545 |
| TransDigm, Inc., 2024 Term Loan K (3 month CME Term SOFR + 2.750%) | &nbsp;&nbsp;7.049 | &nbsp;&nbsp;03-22-30 | 658350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659858 |
| **Commercial services and supplies 0.2%** | **Commercial services and supplies 0.2%** |  |  |  |
| Clean Harbors, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.077 | &nbsp;&nbsp;10-09-28 | 3447404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3474121 |
| **Construction and engineering 0.3%** | **Construction and engineering 0.3%** |  |  |  |
| AECOM, 2024 Term Loan (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.077 | &nbsp;&nbsp;04-18-31 | 4538138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4565094 |
| **Passenger airlines 1.0%** | **Passenger airlines 1.0%** |  |  |  |
| AAdvantage Loyalty IP, Ltd., 2025 Term Loan (3 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;6.522 | &nbsp;&nbsp;04-20-28 | 1901250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1879386 |
| AAdvantage Loyalty IP, Ltd., 2025 Term Loan B (E) | &nbsp;&nbsp;&nbsp;&nbsp;TBD | &nbsp;&nbsp;05-07-32 | 4045000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4059319 |
| AS Mileage Plan IP, Ltd., Term Loan B (3 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.269 | &nbsp;&nbsp;10-15-31 | 3049675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3053487 |
| JetBlue Airways Corp., 2024 Term Loan B (3 month CME Term SOFR + 4.750%) | &nbsp;&nbsp;9.055 | &nbsp;&nbsp;08-27-29 | 4373025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4247301 |
| United Airlines, Inc., 2024 1st Lien Term Loan B (3 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.275 | &nbsp;&nbsp;02-22-31 | 4512758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4520656 |
| **Professional services 0.4%** | **Professional services 0.4%** |  |  |  |
| CACI International, Inc., Term Loan B (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.074 | &nbsp;&nbsp;10-30-31 | 6628388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6632563 |
| **Trading companies and distributors 0.5%** | **Trading companies and distributors 0.5%** |  |  |  |
| Gloves Buyer, Inc., 2025 Term Loan (1 month CME Term SOFR + 4.000%) | &nbsp;&nbsp;8.330 | &nbsp;&nbsp;01-17-32 | 4765000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4607755 |
| United Rentals North America, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.077 | &nbsp;&nbsp;02-14-31 | 4079840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4113009 |

---

17 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Industrials (continued)** | **Industrials (continued)** | **Industrials (continued)** |  |  |
| **Transportation infrastructure 0.1%** | **Transportation infrastructure 0.1%** |  |  |  |
| Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B1 (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.327 | &nbsp;&nbsp;10-31-31 | 1795021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1793639 |
| Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B2 (1 month CME Term SOFR + 2.000%) | &nbsp;&nbsp;6.327 | &nbsp;&nbsp;10-31-31 | 682769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682243 |
| **Information technology 0.4%** | **Information technology 0.4%** | **Information technology 0.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6091155** |
| **Software 0.4%** | **Software 0.4%** |  |  |  |
| Cloud Software Group, Inc., 2024 USD Term Loan (3 month CME Term SOFR + 3.750%) | &nbsp;&nbsp;8.049 | &nbsp;&nbsp;03-21-31 | 6109300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6091155 |
| **Materials 0.3%** | **Materials 0.3%** | **Materials 0.3%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4785469** |
| **Containers and packaging 0.3%** | **Containers and packaging 0.3%** |  |  |  |
| Clydesdale Acquisition Holdings, Inc., 2025 Delayed Draw Term Loan (3 month CME Term SOFR + 3.250%) | &nbsp;&nbsp;7.492 | &nbsp;&nbsp;04-01-32 | 2530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2509 |
| Clydesdale Acquisition Holdings, Inc., 2025 Term Loan B (3 month CME Term SOFR + 3.250%) | &nbsp;&nbsp;7.492 | &nbsp;&nbsp;04-01-32 | 4822894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4782960 |
| **Utilities 0.2%** | **Utilities 0.2%** | **Utilities 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4372477** |
| **Electric utilities 0.2%** | **Electric utilities 0.2%** |  |  |  |
| NRG Energy, Inc., 2024 Term Loan (1 and 3 month CME Term SOFR + 1.750%) | &nbsp;&nbsp;6.030 | &nbsp;&nbsp;04-16-31 | 4372915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4372477 |
| **Collateralized mortgage obligations 6.2%** | **Collateralized mortgage obligations 6.2%** |  |  | **$105203926** |
| (Cost $105,596,120) |  |  |  |  |
| **Commercial and residential 3.7%** | **Commercial and residential 3.7%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**62014482** |
| Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class A1 (A)(F) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634114 |
| BOCA Commercial Mortgage Trust | BOCA Commercial Mortgage Trust | BOCA Commercial Mortgage Trust | BOCA Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-BOCA, Class A (1 month CME Term SOFR + 1.921%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;2455000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2458836 |
| BX Commercial Mortgage Trust | BX Commercial Mortgage Trust | BX Commercial Mortgage Trust | BX Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-CIP, Class A (1 month CME Term SOFR + 1.035%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-15-38 | &nbsp;&nbsp;&nbsp;&nbsp;1996794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1993050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-36 | &nbsp;&nbsp;&nbsp;&nbsp;1665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1656675 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 18

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Commercial and residential (continued)** | **Commercial and residential (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-XL5, Class A (1 month CME Term SOFR + 1.392%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;3357065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3359163 |
| BX Trust | BX Trust | BX Trust | BX Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-CLS, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-13-27 | &nbsp;&nbsp;&nbsp;&nbsp;1880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1894686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-BIO, Class C (1 month CME Term SOFR + 2.640%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;1775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1761688 |
| CAMB Commercial Mortgage Trust | CAMB Commercial Mortgage Trust | CAMB Commercial Mortgage Trust | CAMB Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-LIFE, Class A (1 month CME Term SOFR + 1.367%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-15-37 | &nbsp;&nbsp;&nbsp;&nbsp;2141400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140062 |
| Century Plaza Towers | Century Plaza Towers | Century Plaza Towers | Century Plaza Towers |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-CPT, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-13-39 | &nbsp;&nbsp;&nbsp;&nbsp;4715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4250758 |
| Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-SMRT, Class A (A)(F) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-12-40 | &nbsp;&nbsp;&nbsp;&nbsp;1760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1805270 |
| COLT Mortgage Loan Trust | COLT Mortgage Loan Trust | COLT Mortgage Loan Trust | COLT Mortgage Loan Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-5, Class A1 (A)(F) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;1362715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357720 |
| Credit Suisse Mortgage Capital Certificates | Credit Suisse Mortgage Capital Certificates | Credit Suisse Mortgage Capital Certificates | Credit Suisse Mortgage Capital Certificates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-NQM1, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115012 |
| GCAT Trust | GCAT Trust | GCAT Trust | GCAT Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-NQM4, Class A1 (5.269% to 8-1-26, then 6.269% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;1122075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1116355 |
| HarborView Mortgage Loan Trust | HarborView Mortgage Loan Trust | HarborView Mortgage Loan Trust | HarborView Mortgage Loan Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class ES IO (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;8081762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class ES IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-19-47 | &nbsp;&nbsp;&nbsp;&nbsp;8344882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2007-6, Class ES IO (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;8940942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147998 |
| InTown Mortgage Trust | InTown Mortgage Trust | InTown Mortgage Trust | InTown Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-STAY, Class A (1 month CME Term SOFR + 1.350%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-42 | &nbsp;&nbsp;&nbsp;&nbsp;2960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2943350 |
| Life Mortgage Trust | Life Mortgage Trust | Life Mortgage Trust | Life Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-39 | &nbsp;&nbsp;&nbsp;&nbsp;3945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3826650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-BMR2, Class B (1 month CME Term SOFR + 1.794%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-39 | &nbsp;&nbsp;&nbsp;&nbsp;5255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4782050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-BMR2, Class C (1 month CME Term SOFR + 2.093%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-39 | &nbsp;&nbsp;&nbsp;&nbsp;2425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2182500 |
| New Residential Mortgage Loan Trust | New Residential Mortgage Loan Trust | New Residential Mortgage Loan Trust | New Residential Mortgage Loan Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-5A, Class A1 (1 month CME Term SOFR + 1.614%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275702 |
| NYC Commercial Mortgage Trust | NYC Commercial Mortgage Trust | NYC Commercial Mortgage Trust | NYC Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-3BP, Class A (1 month CME Term SOFR + 1.213%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-42 | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1994118 |

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19 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Commercial and residential (continued)** | **Commercial and residential (continued)** |  |  |  |
| ROCK Trust | ROCK Trust | ROCK Trust | ROCK Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class D (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-13-41 | &nbsp;&nbsp;&nbsp;&nbsp;5205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5376646 |
| SCOTT Trust | SCOTT Trust | SCOTT Trust | SCOTT Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-SFS, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-10-40 | &nbsp;&nbsp;&nbsp;&nbsp;4550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4650060 |
| SDR Commercial Mortgage Trust | SDR Commercial Mortgage Trust | SDR Commercial Mortgage Trust | SDR Commercial Mortgage Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-DSNY, Class A (1 month CME Term SOFR + 1.392%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-39 | &nbsp;&nbsp;&nbsp;&nbsp;5240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5202338 |
| Verus Securitization Trust | Verus Securitization Trust | Verus Securitization Trust | Verus Securitization Trust |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-4, Class A1 (4.474% to 4-1-26, then 5.474% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;3374045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3354377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-8, Class A2 (6.127% to 10-1-26, then 7.127% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-INV1, Class A1 (5.041% to 8-1-26, then 6.041% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;1550407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1539508 |
| **U.S. Government Agency 2.5%** | **U.S. Government Agency 2.5%** |  |  | **43189444** |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-DNA3, Class M1A (30 day Average SOFR + 2.000%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1900027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1916652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1A (30 day Average SOFR + 2.200%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1863748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1885293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1B (30 day Average SOFR + 3.350%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2078653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-DNA7, Class M1A (30 day Average SOFR + 2.500%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-52 | &nbsp;&nbsp;&nbsp;&nbsp;1223549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1240284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-HQA1, Class M1B (30 day Average SOFR + 3.500%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-HQA2, Class M1B (30 day Average SOFR + 4.000%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1636602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-HQA1, Class A1 (30 day Average SOFR + 1.250%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-44 | &nbsp;&nbsp;&nbsp;&nbsp;4271010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4281688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-HQA1, Class M1 (30 day Average SOFR + 1.250%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-44 | &nbsp;&nbsp;&nbsp;&nbsp;1847118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1849988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-HQA1, Class A1 (30 day Average SOFR + 0.950%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-45 | &nbsp;&nbsp;&nbsp;&nbsp;3493500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3485862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-HQA1, Class M1 (30 day Average SOFR + 1.150%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-45 | &nbsp;&nbsp;&nbsp;&nbsp;3541352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3538027 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |  |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 20

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **U.S. Government Agency (continued)** | **U.S. Government Agency (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R01, Class 1M1 (30 day Average SOFR + 1.000%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-25-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$411546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R03, Class 1M1 (30 day Average SOFR + 2.100%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R04, Class 1M1 (30 day Average SOFR + 2.000%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R05, Class 2M1 (30 day Average SOFR + 1.900%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R06, Class 1M1 (30 day Average SOFR + 2.750%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1045332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R07, Class 1M1 (30 day Average SOFR + 2.950%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1746422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-R09, Class 2M1 (30 day Average SOFR + 2.500%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1137567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-R01, Class 1M1 (30 day Average SOFR + 2.400%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-25-42 | &nbsp;&nbsp;&nbsp;&nbsp;1683670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-R03, Class 2M1 (30 day Average SOFR + 2.500%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-43 | &nbsp;&nbsp;&nbsp;&nbsp;1144664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-R06, Class 1M1 (30 day Average SOFR + 1.700%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-43 | &nbsp;&nbsp;&nbsp;&nbsp;1224929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-R06, Class 1A1 (30 day Average SOFR + 1.150%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-25-44 | &nbsp;&nbsp;&nbsp;&nbsp;6879470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6891296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-R02, Class 1A1 (30 day Average SOFR + 1.000%) (A)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-45 | &nbsp;&nbsp;&nbsp;&nbsp;3645091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3640540 |
| **Asset-backed securities 1.4%** | **Asset-backed securities 1.4%** |  |  | **$23810796** |
| (Cost $23,606,927) |  |  |  |  |
| **Asset-backed securities 1.4%** | **Asset-backed securities 1.4%** |  |  | &nbsp;&nbsp;**23810796** |
| AutoNation Finance Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A4 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-10-30 | &nbsp;&nbsp;&nbsp;&nbsp;3065000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3083504 |
| DataBank Issuer |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-53 | &nbsp;&nbsp;&nbsp;&nbsp;2530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2499089 |
| DB Master Finance LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-20-47 | &nbsp;&nbsp;&nbsp;&nbsp;1827175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1799068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-20-49 | &nbsp;&nbsp;&nbsp;&nbsp;1715350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1696982 |
| Domino's Pizza Master Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-45 | &nbsp;&nbsp;&nbsp;&nbsp;3584788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3573387 |
| FirstKey Homes Trust |  |  |  |  |

---

21 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Asset-backed securities (continued)** | **Asset-backed securities (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR2, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-19-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$653124 |
| MVW LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-2A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-21-41 | &nbsp;&nbsp;&nbsp;&nbsp;1786356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1814771 |
| Switch ABS Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-55 | &nbsp;&nbsp;&nbsp;&nbsp;3975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3875369 |
| Taco Bell Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-1A, Class A23 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-46 | &nbsp;&nbsp;&nbsp;&nbsp;1668750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1665261 |
| T-Mobile US Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-22-28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924660 |
| Zayo Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-20-55 | &nbsp;&nbsp;&nbsp;&nbsp;2215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2225581 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Preferred securities 0.8%** |  | &nbsp;&nbsp;**$13436507** |
| (Cost $12,845,514) |  |  |
| **Industrials 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3530934** |
| **Aerospace and defense 0.2%** |  |  |
| The Boeing Company, 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;52450 | &nbsp;&nbsp;&nbsp;&nbsp;3530934 |
| **Utilities 0.6%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9905573** |
| **Electric utilities 0.6%** |  |  |
| NextEra Energy, Inc., 7.234% | &nbsp;&nbsp;221750 | &nbsp;&nbsp;&nbsp;&nbsp;9905573 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 1.3%** |  |  | **$21530611** |
| (Cost $21,532,294) |  |  |  |
| **Short-term funds 1.3%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**21530611** |
| John Hancock Collateral Trust (H) | &nbsp;&nbsp;4.2439(I) | 2152501 | &nbsp;&nbsp;&nbsp;&nbsp;21530611 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $1,763,678,658) 100.3%** | &nbsp;&nbsp;**$1706246588** |
| **Other assets and liabilities, net (0.3%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4584545)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$1701662043** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Currency Abbreviations** | **Currency Abbreviations** |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CNY | Chinese Yuan Renminbi |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | Pound Sterling |
| IDR | Indonesian Rupiah |
| INR | Indian Rupee |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 22

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | |
|:---|:---|
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PHP | Philippine Peso |
| SGD | Singapore Dollar |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| EURIBOR | Euro Interbank Offered Rate |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| LIBOR | London Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $438,611,732 or 25.8% of the fund's net assets as of 5-31-25. |
| (B) | All or a portion of this security is on loan as of 5-31-25. |
| (C) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (D) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (E) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
| (F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (G) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $9,047,179. |
| (I) | The rate shown is the annualized seven-day yield as of 5-31-25. |

---

The fund had the following country composition as a percentage of net assets on 5-31-25:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;60.2% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;7.2% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;4.5% |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp;4.4% |
| New Zealand | &nbsp;&nbsp;&nbsp;&nbsp;3.7% |
| Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;2.9% |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;2.1% |
| Philippines | &nbsp;&nbsp;&nbsp;&nbsp;1.8% |
| Norway | &nbsp;&nbsp;&nbsp;&nbsp;1.7% |
| Supranational | &nbsp;&nbsp;&nbsp;&nbsp;1.7% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;9.8% |
| **TOTAL** | **100.0%** |

---

23 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Position** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;311 | &nbsp;&nbsp;Short | &nbsp;&nbsp;Sep 2025 | &nbsp;&nbsp;$(34170637) | &nbsp;&nbsp;$(34443171) | &nbsp;&nbsp;&nbsp;$(272534) |
| U.S. Treasury Long Bond Futures | &nbsp;&nbsp;18 | &nbsp;&nbsp;Short | &nbsp;&nbsp;Sep 2025 | &nbsp;&nbsp;&nbsp;&nbsp;(1995299) | &nbsp;&nbsp;&nbsp;&nbsp;(2030063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34764) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$(307298)** |

---

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

#### FORWARD FOREIGN CURRENCY CONTRACTS

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | **Contract to sell** | **Contract to sell** | **Counterparty (OTC)** | **Contractual<br> settlement<br> date** | **Unrealized<br> appreciation** | **Unrealized<br> depreciation** |
| AUD | &nbsp;&nbsp;&nbsp;&nbsp;20652158 | USD | &nbsp;&nbsp;13346436 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $(31226) |
| AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1622344 | USD | &nbsp;&nbsp;&nbsp;&nbsp;1039955 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;$6030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;&nbsp;&nbsp;18933312 | USD | &nbsp;&nbsp;12179213 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;27794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;&nbsp;&nbsp;11940388 | USD | &nbsp;&nbsp;&nbsp;&nbsp;7213833 | UBS | 6/18/2025 | 484577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713418 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516278 | BMO | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;3989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;&nbsp;&nbsp;24091475 | USD | &nbsp;&nbsp;17513581 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;55348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;&nbsp;&nbsp;13989205 | USD | &nbsp;&nbsp;10142250 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;59506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4315000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656692 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6971548 | NOK | &nbsp;&nbsp;81369817 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(48230) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;10098480 | NOK | 120175444 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (296069) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8032882 | NOK | &nbsp;&nbsp;95810589 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (256718) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8032882 | NOK | &nbsp;&nbsp;95672022 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (243143) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;11560835 | USD | &nbsp;&nbsp;13171993 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(32894) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;34117170 | USD | &nbsp;&nbsp;38459940 | CITI | 6/18/2025 | 314843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;43370692 | USD | &nbsp;&nbsp;48408564 | GSI | 6/18/2025 | 883015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;37251026 | USD | &nbsp;&nbsp;42185640 | HUS | 6/18/2025 | 150828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1302150 | USD | &nbsp;&nbsp;&nbsp;&nbsp;1469548 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;10369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50828844 | USD | &nbsp;&nbsp;57346030 | MSCS | 6/18/2025 | 421875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;11560835 | USD | &nbsp;&nbsp;13184300 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(45201) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;46908814 | USD | &nbsp;&nbsp;53215610 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;97109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;11378182 | USD | &nbsp;&nbsp;12985851 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(54340) |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;12948865 | USD | &nbsp;&nbsp;16862210 | BARC | 6/18/2025 | 585644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9076974 | USD | &nbsp;&nbsp;12213094 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;17610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1037935 | USD | &nbsp;&nbsp;&nbsp;&nbsp;1382089 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;16470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6349728 | USD | &nbsp;&nbsp;&nbsp;&nbsp;8464346 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;91549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;14233633 | USD | &nbsp;&nbsp;18957850 | SCB | 6/18/2025 | 221156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6257087 | USD | &nbsp;&nbsp;&nbsp;&nbsp;8083105 | UBS | 6/18/2025 | 347962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| JPY | &nbsp;&nbsp;&nbsp;764900991 | USD | &nbsp;&nbsp;&nbsp;&nbsp;5341002 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(16350) |
| JPY | 5605110078 | USD | &nbsp;&nbsp;38944700 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;73769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| JPY | 1714341184 | USD | &nbsp;&nbsp;11870401 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;63524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| JPY | &nbsp;&nbsp;&nbsp;&nbsp;44400000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312979 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3900) |
| JPY | 6768359875 | USD | &nbsp;&nbsp;46575696 | UBS | 6/18/2025 | 540424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 24

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

#### FORWARD FOREIGN CURRENCY CONTRACTS (continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | **Contract to sell** | **Contract to sell** | **Counterparty (OTC)** | **Contractual<br> settlement<br> date** | **Unrealized<br> appreciation** | **Unrealized<br> depreciation** |
| MXN | &nbsp;&nbsp;88200992 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4188081 | BARC | 6/18/2025 | $350498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MXN | &nbsp;&nbsp;54416000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2789420 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;10677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MXN | &nbsp;&nbsp;99098129 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4836573 | GSI | 6/18/2025 | &nbsp;&nbsp;&nbsp;262742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MXN | &nbsp;&nbsp;88200992 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4266173 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;272406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| MXN | 108831513 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5564874 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;35295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | 131357813 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;11132778 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;216069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | 130610146 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;11132778 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;142823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | &nbsp;&nbsp;47452379 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940000 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;170865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | 116276133 | USD | &nbsp;&nbsp;&nbsp;&nbsp;11172350 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;218821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | &nbsp;&nbsp;&nbsp;&nbsp;4594000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451610 | BMO | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(1552) |
| NOK | &nbsp;&nbsp;69561883 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6703411 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;111328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | 115978640 | USD | &nbsp;&nbsp;&nbsp;&nbsp;11172351 | GSI | 6/18/2025 | &nbsp;&nbsp;&nbsp;189678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NOK | &nbsp;&nbsp;48471101 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4637554 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;110994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NZD | &nbsp;&nbsp;23303330 | USD | &nbsp;&nbsp;&nbsp;&nbsp;13955225 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(23870) |
| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628680 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374142 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NZD | &nbsp;&nbsp;11645097 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6939087 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;22664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| NZD | &nbsp;&nbsp;13530443 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7576169 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;512693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;12428613 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9587767 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;57658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;25175024 | USD | &nbsp;&nbsp;&nbsp;&nbsp;19114236 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;423246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;55801579 | USD | &nbsp;&nbsp;&nbsp;&nbsp;43099155 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;206558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;12677000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9684025 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;154165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;20164788 | USD | &nbsp;&nbsp;&nbsp;&nbsp;15472778 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;176431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;68664954 | USD | &nbsp;&nbsp;&nbsp;&nbsp;52641126 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;647415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;3604894 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5847782 | ANZ | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(165387) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;3629079 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5845182 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(139527) |
| USD | &nbsp;&nbsp;42723241 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;67865739 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (1032311) |
| USD | &nbsp;&nbsp;27477489 | CAD | &nbsp;&nbsp;&nbsp;&nbsp;39591638 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (1395075) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683822 | CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4925062 | SCB | 6/4/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(619) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4764662 | DKK | &nbsp;&nbsp;&nbsp;&nbsp;32356207 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(165385) |
| USD | &nbsp;&nbsp;13177091 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;11754555 | ANZ | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(182174) |
| USD | 112040580 | EUR | &nbsp;&nbsp;&nbsp;101479530 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (3292750) |
| USD | &nbsp;&nbsp;15820098 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;14105466 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(211020) |
| USD | 105644463 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;95701747 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (3122313) |
| USD | &nbsp;&nbsp;39383441 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;34682505 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(33856) |
| USD | &nbsp;&nbsp;31385032 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;24249225 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (1289412) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4380411 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3390933 | MSCS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(188677) |
| USD | &nbsp;&nbsp;29568778 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;22264064 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(430776) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;8749492 | JPY | 1274309543 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(121271) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;8705070 | JPY | 1236294041 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;98941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4061823 | JPY | &nbsp;&nbsp;&nbsp;576672568 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;47472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;9991678 | JPY | 1452118640 | JPM | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(116856) |
| USD | &nbsp;&nbsp;27106136 | JPY | 3956519529 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(436112) |

---

25 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | **Contract to sell** | **Contract to sell** | **Counterparty (OTC)** | **Contractual<br> settlement<br> date** | **Unrealized<br> appreciation** | **Unrealized<br> depreciation** |
| USD | &nbsp;&nbsp;14582487 | JPY | 2124770852 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(208535) |
| USD | &nbsp;&nbsp;31642182 | JPY | 4519199007 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;$182992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4272434 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;88200992 | BARC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(266145) |
| USD | &nbsp;&nbsp;17165434 | MXN | &nbsp;&nbsp;&nbsp;353496419 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1024514) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4481644 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;88200992 | GSI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56935) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;4395325 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;88200992 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143254) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;6811750 | NOK | &nbsp;&nbsp;&nbsp;&nbsp;69346412 | GSI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;25628772 | NOK | &nbsp;&nbsp;&nbsp;273404306 | RBC | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1155708) |
| USD | &nbsp;&nbsp;15894085 | NOK | &nbsp;&nbsp;&nbsp;163954632 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(167987) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;7947042 | NOK | &nbsp;&nbsp;&nbsp;&nbsp;80625127 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;10001983 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;17094180 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(217378) |
| USD | &nbsp;&nbsp;26584596 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;46496294 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1212137) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;3235730 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5707258 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(176222) |
| USD | 100152725 | SGD | &nbsp;&nbsp;&nbsp;132616229 | CITI | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2766234) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;9741818 | SGD | &nbsp;&nbsp;&nbsp;&nbsp;12889886 | HUS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(261586) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;9447713 | SGD | &nbsp;&nbsp;&nbsp;&nbsp;12191329 | SCB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13564) |
| USD | &nbsp;&nbsp;19189531 | SGD | &nbsp;&nbsp;&nbsp;&nbsp;25028852 | SSB | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(234512) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;9447713 | SGD | &nbsp;&nbsp;&nbsp;&nbsp;12185660 | UBS | 6/18/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9165) |
|  |  |  |  |  |  | **$9164894** | **$(21290890)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Derivatives Currency Abbreviations** | **Derivatives Currency Abbreviations** |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CNY | Chinese Yuan Renminbi |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | Pound Sterling |
| JPY | Japanese Yen |
| MXN | Mexican Peso |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| SGD | Singapore Dollar |
| USD | U.S. Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Derivatives Abbreviations** | **Derivatives Abbreviations** |
| ANZ | Australia and New Zealand Banking Group Limited |
| BARC | Barclays Bank PLC |
| BMO | Bank of Montreal |
| CITI | Citibank, N.A. |
| GSI | Goldman Sachs International |
| HUS | HSBC Bank USA, N.A. |
| JPM | JPMorgan Chase Bank, N.A. |
| MSCS | Morgan Stanley Capital Services LLC |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK INCOME FUND 26

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | |
|:---|:---|
| OTC | Over-the-counter |
| RBC | Royal Bank of Canada |
| SCB | Standard Chartered Bank |
| SSB | State Street Bank and Trust Company |
| UBS | UBS AG |

---

At 5-31-25, the aggregate cost of investments for federal income tax purposes was $1,766,829,380. Net unrealized depreciation aggregated to $73,016,086, of which $21,193,579 related to gross unrealized appreciation and $94,209,665 related to gross unrealized depreciation.

See Notes to financial statements regarding investment transactions and other derivatives information.

27 JOHN HANCOCK INCOME FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

Financial statements

#### STATEMENT OF ASSETS AND LIABILITIES 5-31-25

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $1,742,146,364) including $8,891,470 of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;$1684715977 |
| Affiliated investments, at value (Cost $21,532,294) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21530611 |
| **Total investments, at value (Cost $1,763,678,658)** | &nbsp;&nbsp;&nbsp;&nbsp;**1706246588** |
| Unrealized appreciation on forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9164894 |
| Collateral held at broker for futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387000 |
| Collateral segregated at custodian for OTC derivative contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800000 |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15212466 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678985 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4501255 |
| Receivable for securities lending income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4278 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163357 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**1753158823** |
| **Liabilities** |  |
| Unrealized depreciation on forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21290890 |
| Payable for futures variation margin | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18785 |
| Due to custodian | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12863 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189730 |
| Foreign capital gains tax payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92773 |
| Foreign currency overdraft, at value (cost $348,879) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346850 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17890128 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2161258 |
| Payable upon return of securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9078348 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2312 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289949 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**51496780** |
| **Net assets** | &nbsp;&nbsp;**$1701662043** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$2059074875 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(357412832) |
| **Net assets** | &nbsp;&nbsp;**$1701662043** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 28

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

#### STATEMENT OF ASSETS AND LIABILITIES (continued)

------

---

| | |
|:---|:---|
| **Net asset value per share** |  |
| Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value |  |
| Class A ($418,467,420 ÷ 71,390,120 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.86 |
| Class C ($5,732,359 ÷ 977,827 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.86 |
| Class I ($178,012,656 ÷ 30,415,834 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.85 |
| Class R2 ($5,237,024 ÷ 894,551 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.85 |
| Class R4 ($767,333 ÷ 130,944 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.86 |
| Class R5 ($4,381,625 ÷ 748,410 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.85 |
| Class R6 ($1,089,063,626 ÷ 185,937,480 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5.86 |
| **Maximum offering price per share** |  |
| Class A (net asset value per share ÷ 96%)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6.10 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.

<sup>2</sup> On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced.

29 JOHN HANCOCK Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

#### STATEMENT OF OPERATIONS For the year ended 5-31-25

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$80958606 |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1963288 |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798835 |
| Securities lending | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104085 |
| Less foreign taxes withheld | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(785847) |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**83038967** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6097891 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1404238 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331507 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791517 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40931 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365692 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152596 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148918 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170988 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58736 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9563014** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(167028) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9395986** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**73642981** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments and foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37217905) |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19428 |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408623 |
| Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10536951 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**(26252903)** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments and translation of assets and liabilities in foreign currencies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71507056 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11308 |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(433016) |
| Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14035456) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57049892** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30796989** |
| **Increase in net assets from operations** | &nbsp;&nbsp;**$104439970** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 30

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Year ended<br> 5-31-25** | &nbsp;&nbsp;**Year ended<br> 5-31-24** |
| **Increase (decrease) in net assets** |  |  |
| **From operations** |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$73642981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69369505 |
| Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26252903) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42736304) |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57049892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43342344 |
| **Increase in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**104439970** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**69975545** |
| **Distributions to shareholders** |  |  |
| From earnings |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17580252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16896872) |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(233619) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(293826) |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9040606) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11190166) |
| Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(247612) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(263383) |
| Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23367) |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(207432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(202904) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48771866) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40889950) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(76112735)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(69760468)** |
| **From fund share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(55464187)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(102707900)** |
| **Total decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(27136952)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(102492823)** |
| **Net assets** |  |  |
| Beginning of year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1728798995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1831291818 |
| **End of year** | &nbsp;&nbsp;**$1701662043** | &nbsp;&nbsp;**$1728798995** |

---

31 JOHN HANCOCK Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

Financial highlights

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS A SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.39** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.34** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.20** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.05)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.50)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.51** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** |
| **Total return (%)<sup>3,4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.94** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.56** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.86)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.72)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.17** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$618 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the fund.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Does not reflect the effect of sales charges, if any.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 32

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS C SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.39** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01)<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.30** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.10)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.54)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.46** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** |
| **Total return (%)<sup>3,4</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.84** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.55)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.37)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.41** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.52 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the fund.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Does not reflect the effect of sales charges, if any.

33 JOHN HANCOCK Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS I SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.75** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.37** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.35** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.05)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.48)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.54** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.85** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.75** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** |
| **Total return (%)<sup>2</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.08** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.74)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.32)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.51** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$602 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 34

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS R2 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.38** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.32** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.21** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.06)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.50)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.50** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.85** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** |
| **Total return (%)<sup>2</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.67** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.65** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.95)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.82)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.07** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.09 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

35 JOHN HANCOCK Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS R4 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.39** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.35** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.06)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.49)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.52** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.11** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.90** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.87)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.58)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.34** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Less than $0.005 per share.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 36

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS R5 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.38** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.35** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.03)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.48)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.53** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.85** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.00** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.72** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.11** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.51)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.41)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.57** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Less than $0.005 per share.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

37 JOHN HANCOCK Income Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CLASS R6 SHARES Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.38** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.36** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.04)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.47)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.54** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5.76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6.73** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.38** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.16** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.63)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.21)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.61** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$869 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Less than $0.005 per share.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK Income Fund 38

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

Notes to financial statements

#### Note 1 — Organization
John Hancock Income Fund (the fund) is a series of John Hancock Strategic Series (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek a high level of current income.

The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class A and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class R2, Class R4 and Class R5 shares are available only to certain retirement and 529 plans. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:

**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: 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. 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. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are valued using evaluated prices obtained from an independent pricing vendor. Futures contracts whose settlement prices are determined as of the close of the NYSE are typically valued based on the settlement price while other futures contracts are typically valued at the last traded price on the exchange on which they trade. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by 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.

39 JOHN HANCOCK Income Fund \|

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[**Table of Contents**](#JOB_JHF_I_8749136a-0c02-4022-bfc4-5138764ea6e5_TofC)

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.

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 May 31, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 5-31-25** | **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:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$251310512** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$251310512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**430682394** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430682394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**712217132** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712217132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Convertible bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25893674** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25893674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**122161036** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122161036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**105203926** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105203926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23810796** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23810796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13436507** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13436507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21530611** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21530611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1706246588** | **$34967118** | **$1671279470** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9164894** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9164894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(307298)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(307298) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(21290890)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21290890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

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**Term loans (Floating rate loans). The fund may invest in term loans, which are debt securities and are often rated below investment grade at the time of purchase. Term loans are generally subject to legal or contractual restrictions on resale and generally have longer settlement periods than conventional debt securities. Term loans involve special types of risk, including credit risk, interest-rate risk, counterparty risk, and risk associated with extended settlement. The liquidity of term loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual loans. During periods of infrequent trading, valuing a term loan can be more difficult and buying and selling a term loan at an acceptable price can be more difficult and delayed, which could result in a loss.** 

The fund's ability to receive payments of principal, interest and other amounts in connection with term loans will depend primarily on the financial condition of the borrower. The fund's failure to receive scheduled payments on a term loan due to a default, bankruptcy or other reason would adversely affect the fund's income and would likely reduce the value of its assets. Transactions in loan investments typically take a significant amount of time (i.e., seven days or longer) to settle. This could pose a liquidity risk to the fund and, if the fund's exposure to such investments is substantial, it could impair the fund's ability to meet redemptions. Because term loans may not be rated by independent credit rating agencies, a decision to invest in a particular loan could depend exclusively on the subadvisor's credit analysis of the borrower and/or term loan agents. There is greater risk that the fund may have limited rights to enforce the terms of an underlying loan than for other types of debt instruments.

At May 31, 2025, the fund had $81,109 in unfunded loan commitments outstanding.

**Mortgage and asset-backed securities. The fund may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund's income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund's cash available for reinvestment in higher yielding securities. The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g., FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The fund is also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market's perception of the issuers and changes in interest rates.**

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until**

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after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.

**Securities lending. The fund may lend its securities to earn additional income. The fund receives collateral from the borrower in an amount not less than the market value of the loaned securities. The fund may invest its cash collateral in JHCT, an affiliate of the fund, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. Prior to September 27, 2024, JHCT was a prime money market fund investing in short-term money market investments. The fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.** 

The fund has the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the fund for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.

Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the fund could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the fund will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The fund receives compensation for lending its securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the fund is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statement of operations.

Obligations to repay collateral received by the fund are shown on the Statement of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. As of May 31, 2025, the fund loaned securities valued at $8,891,470 and received $9,078,348 of cash collateral.

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.**

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**Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund's custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law. Overdrafts at period end are presented under the caption Due to custodian and Foreign currency overdraft in the Statement of assets and liabilities.**

**Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 14, 2025 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statement of operations. For the year ended May 31, 2025, the fund had no borrowings under the line of credit. Commitment fees for the year ended May 31, 2025 were $9,069.**

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.**

**Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.**

**Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

For federal income tax purposes, as of May 31, 2025, the fund has a short-term capital loss carryforward of $112,200,526 and a long-term capital loss carryforward of $180,198,192 available to offset future net realized capital gains. These carryforwards do not expire.

As of May 31, 2025, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund's federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares dividends daily and pays them monthly. Capital gain distributions, if any, are typically distributed annually.**

The tax character of distributions for the years ended May 31, 2025 and 2024 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**May 31, 2025** | &nbsp;&nbsp;&nbsp;**May 31, 2024** |
| Ordinary income | &nbsp;&nbsp;$76112735 | &nbsp;&nbsp;$69760468 |

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Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class. As of May 31, 2025, the components of distributable earnings on a tax basis consisted of $8,193,208 of undistributed ordinary income.

Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund's financial statements as a return of capital.

Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to foreign currency transactions, derivative transactions and amortization and accretion on debt securities.

#### Note 3 — Derivative instruments
The fund may invest in derivatives in order to meet its investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the fund is exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.

Derivatives which are typically traded through the OTC market are regulated by the Commodity Futures Trading Commission (the CFTC). Derivative counterparty risk is managed through an ongoing evaluation of the creditworthiness of all potential counterparties and, if applicable, designated clearing organizations. The fund attempts to reduce its exposure to counterparty risk for derivatives traded in the OTC market, whenever possible, by entering into an International Swaps and Derivatives Association (ISDA) Master Agreement with each of its OTC counterparties. The ISDA gives each party to the agreement the right to terminate all transactions traded under the agreement if there is certain deterioration in the credit quality or contractual default of the other party, as defined in the ISDA. Upon an event of default or a termination of the ISDA, the non-defaulting party has the right to close out all transactions and to net amounts owed.

As defined by the ISDA, the fund may have collateral agreements with certain counterparties to mitigate counterparty risk on OTC derivatives. Subject to established minimum levels, collateral for OTC transactions is generally determined based on the net aggregate unrealized gain or loss on contracts with a particular counterparty. Collateral pledged to the fund, if any, is held in a segregated account by a third-party agent or held by the custodian bank for the benefit of the fund and can be in the form of cash or debt securities issued by the U.S. government or related agencies; collateral posted by the fund, if any, for OTC transactions is held in a segregated account at the fund's custodian and is noted in the accompanying Fund's investments, or if cash is posted, on the Statement of assets and liabilities. The fund's risk of loss due to counterparty risk is equal to the asset value of outstanding contracts offset by collateral received.

Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the fund and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.

**Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Futures are traded on an exchange and cleared through a central clearinghouse. Risks related to the use of futures contracts include possible illiquidity of the futures markets and**

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contract prices that can be highly volatile and imperfectly correlated to movements in the underlying financial instrument and potential losses in excess of the amounts recognized on the Statement of assets and liabilities. Use of long futures contracts subjects the fund to the risk of loss up to the notional value of the futures contracts. Use of short futures contracts subjects the fund to unlimited risk of loss.

Upon entering into a futures contract, the fund is required to deposit initial margin with the broker in the form of cash or securities. The amount of required margin is set by the broker and is generally based on a percentage of the contract value. The margin deposit must then be maintained at the established level over the life of the contract. Cash that has been pledged by the fund, if any, is detailed in the Statement of assets and liabilities as Collateral held at broker for futures contracts. Securities pledged by the fund, if any, are identified in the Fund's investments. Subsequent payments, referred to as variation margin, are made or received by the fund periodically and are based on changes in the market value of open futures contracts. Futures contracts are marked-to-market daily and unrealized gain or loss is recorded by the fund. Payable for futures variation margin is included on the Statement of assets and liabilities. When the contract is closed, the fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

During the year ended May 31, 2025, the fund used futures contracts to manage duration of the fund. The fund held futures contracts with USD notional values ranging from $36.5 million to $135.8 million, as measured at each quarter end.

**Forward foreign currency contracts. A forward foreign currency contract is an agreement between two parties to buy and sell specific currencies at a price that is set on the date of the contract. The forward contract calls for delivery of the currencies on a future date that is specified in the contract. Forwards are typically traded OTC. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral if applicable, and the risk that currency movements will not favor the fund thereby reducing the fund's total return, and the potential for losses in excess of the amounts recognized on the Statement of assets and liabilities.** 

The market value of a forward foreign currency contract fluctuates with changes in foreign currency exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in value is recorded by the fund as an unrealized gain or loss. Realized gains or losses, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, are recorded upon delivery or receipt of the currency or settlement with the counterparty.

During the year ended May 31, 2025, the fund used forward foreign currency contracts to manage against anticipated changes in foreign currency exchange rates. The fund held forward foreign currency contracts with USD notional values ranging from $1.1 billion to $1.8 billion, as measured at each quarter end.

**Options. There are two types of options, put options and call options. Options are traded either OTC or on an exchange. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying asset at the exercise price. A put option gives the purchaser of the option the right to sell (and the writer the obligation to buy) the underlying asset at the exercise price. Writing puts and buying calls may increase the fund's exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease the fund's exposure to such changes. Risks related to the use of options include the loss of premiums on purchased options, possible illiquidity of the options markets, trading restrictions imposed by an exchange and movements in underlying security values, and for written options, potential losses in excess of the amounts recognized on the Statement of assets and liabilities. In addition, OTC options are subject to the risks of all OTC derivatives contracts.** 

Purchased options are included in the Fund's investments and are subsequently "marked-to-market" to reflect current market value. If a purchased option expires, the fund realizes a loss equal to the premium paid for the option. Premiums paid for purchased options which are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying asset transaction to determine the realized gain (loss).

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During the year ended May 31, 2025, the fund used purchased options contracts to manage against changes in foreign currency exchange rates. The fund held purchased options contracts with market values ranging up to $18,000, as measured at each quarter end. There were no open purchased options contracts as of May 31, 2025.

#### Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the fund at May 31, 2025 by risk category:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Risk** | &nbsp;&nbsp;**Statement of assets<br> and liabilities<br> location** | &nbsp;&nbsp;**Financial<br> instruments<br> location** | &nbsp;&nbsp;**Assets<br> derivatives<br> fair value** | &nbsp;&nbsp;**Liabilities<br> derivatives<br> fair value** |
| Interest rate | Receivable/payable for futures variation margin<sup>1</sup> | Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(307298) |
| Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;$9164894 | &nbsp;&nbsp;&nbsp;&nbsp;(21290890) |
|  |  |  | **$9164894** | **$(21598188)** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of the Fund's investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities.

For financial reporting purposes, the fund does not offset OTC derivative assets or liabilities that are subject to master netting arrangements, as defined by the ISDAs, in the Statement of assets and liabilities. In the event of default by the counterparty or a termination of the agreement, the ISDA allows an offset of amounts across the various transactions between the fund and the applicable counterparty.

#### Effect of derivative instruments on the Statement of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the year ended May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Net realized gain (loss) on:** |
| **Risk** | &nbsp;&nbsp;&nbsp;**Unaffiliated<br> investments and<br> foreign currency<br> transactions<sup>1</sup>** | &nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;**Forward foreign<br> currency contracts** | &nbsp;&nbsp;&nbsp;**Total** |
| Interest rate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$408623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$408623 |
| Currency | &nbsp;&nbsp;&nbsp;&nbsp;$(153959) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$10536951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10382992 |
| **Total** | &nbsp;&nbsp;&nbsp;**$(153959)** | &nbsp;&nbsp;&nbsp;**$408623** | &nbsp;&nbsp;&nbsp;**$10536951** | &nbsp;&nbsp;&nbsp;**$10791615** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Realized gain (loss) associated with purchased options is included in this caption on the Statement of operations.

The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the year ended May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** | &nbsp;&nbsp;&nbsp;**Statement of operations location - Change in net unrealized appreciation (depreciation) of:** |
| **Risk** | &nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;**Forward foreign<br> currency contracts** | &nbsp;&nbsp;&nbsp;**Total** |
| Interest rate | &nbsp;&nbsp;&nbsp;&nbsp;$(433016) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(433016) |
| Currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(14035456) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14035456) |
| **Total** | &nbsp;&nbsp;&nbsp;**$(433016)** | &nbsp;&nbsp;&nbsp;**$(14035456)** | &nbsp;&nbsp;&nbsp;**$(14468472)** |

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#### Note 4 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 5 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor, equivalent on an annual basis to the sum of: (a) 0.60% of the first $100 million of the fund's average daily net assets; (b) 0.45% of the next $150 million of the fund's average daily net assets; (c) 0.40% of the next $250 million of the fund's average daily net assets; (d) 0.35% of the next $150 million of the fund's average daily net assets; and (e) 0.30% of the fund's average daily net assets in excess of $650 million. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The fund is not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the year ended May 31, 2025, this waiver amounted to 0.01% of the fund's average daily net assets. This agreement expires on July 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.

For the year ended May 31, 2025, the expense reductions described above amounted to the following:

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class A | &nbsp;&nbsp;$41145 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 |
| Class I | &nbsp;&nbsp;&nbsp;19772 |
| Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595 |

---

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71 |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;103591 |
| **Total** | &nbsp;&nbsp;**$166287** |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the year ended May 31, 2025, were equivalent to a net annual effective rate of 0.34% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the year ended May 31, 2025, amounted to an annual rate of 0.02% of the fund's average daily net assets.**

47 JOHN HANCOCK Income Fund \|

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Distribution and service plans. The fund has a distribution agreement with the Distributor. The fund has adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the fund. In addition, under a service plan for certain classes as detailed below, the fund pays for certain other services. The fund may pay up to the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the fund's shares:

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Rule 12b-1 Fee** | &nbsp;&nbsp;&nbsp;**Service fee** |
| Class A | &nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;— |
| Class C | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;— |
| Class R2 | &nbsp;&nbsp;0.25% | &nbsp;&nbsp;0.25% |
| Class R4 | &nbsp;&nbsp;0.25% | &nbsp;&nbsp;0.10% |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;0.05% |

---

The fund's Distributor has contractually agreed to waive 0.10% of Rule 12b-1 fees for Class R4 shares. The current waiver agreement expires on September 30, 2025, unless renewed by mutual agreement of the fund and the Distributor based upon a determination that this is appropriate under the circumstances at the time. This contractual waiver amounted to $741 for Class R4 shares for the year ended May 31, 2025.

**Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $126,489 for the year ended May 31, 2025. Of this amount, $17,909 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $108,580 was paid as sales commissions to broker-dealers.**

Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $500,000 or more, and redeemed within 18 months of purchase are subject to a 0.75% CDSC. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the year ended May 31, 2025, CDSCs received by the Distributor amounted to $3,083 and $655 for Class A and Class C shares, respectively.

**Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to three categories of share classes: Retail Share Classes of Non-Municipal Bond Funds, Retirement Share Classes and Retail Share Classes of Municipal Bond Funds. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.**

#### Class level expenses. Class level expenses for the year ended May 31, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Class A | &nbsp;&nbsp;$1298355 | &nbsp;&nbsp;$493762 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7952 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;236787 |
| Class R2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 |

---

\| JOHN HANCOCK Income Fund 48

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---

| | | |
|:---|:---|:---|
| **Class** | &nbsp;&nbsp;&nbsp;**Distribution and service fees** | &nbsp;&nbsp;&nbsp;**Transfer agent fees** |
| Class R4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$36 |
| Class R5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52456 |
| **Total** | &nbsp;&nbsp;**$1404238** | &nbsp;&nbsp;**$791517** |

---

**Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.**

#### Note 6 — Fund share transactions
Transactions in fund shares for the years ended May 31, 2025 and 2024 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class A shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6599117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$38765302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6823605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39240330 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2783163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16355788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2715607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15620671 |
| Repurchased | &nbsp;&nbsp;&nbsp;(14581883) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85503675) | &nbsp;&nbsp;&nbsp;&nbsp;(16531371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95004275) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(5199603)** | &nbsp;&nbsp;&nbsp;**$(30382585)** | &nbsp;&nbsp;&nbsp;&nbsp;**(6992159)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(40143274)** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$674201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$584720 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290956 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(587036) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3437845) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(874572) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5031145) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(432539)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2533572)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(722979)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(4155469)** |
| **Class I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4733703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27697956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9058495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$51778808 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8248867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1793157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10294117 |
| Repurchased | &nbsp;&nbsp;&nbsp;(13164171) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76949214) | &nbsp;&nbsp;&nbsp;&nbsp;(45567455) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(259321040) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(7024803)** | &nbsp;&nbsp;&nbsp;**$(41002391)** | &nbsp;&nbsp;&nbsp;&nbsp;**(34715803)** | &nbsp;&nbsp;&nbsp;**$(197248115)** |
| **Class R2 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1353412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1833558 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261770 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(479322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2805222) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(617234) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3561540) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(206677)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1206105)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(253212)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(1466212)** |
| **Class R4 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$78940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$234246 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23367 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12222) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15339) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86782) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6594** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$38424** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29194** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$170831** |

---

49 JOHN HANCOCK Income Fund \|

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Amount** |
| **Class R5 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1021947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2794702 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202444 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(344558) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2018300) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(561640) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3235165) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(134748)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(789316)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(40536)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(238019)** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;37440702 | &nbsp;&nbsp;&nbsp;&nbsp;$219373353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67678761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$386717869 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8201701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48151063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7014654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40323168 |
| Repurchased | &nbsp;&nbsp;&nbsp;(42270881) | &nbsp;&nbsp;&nbsp;&nbsp;(247113058) | &nbsp;&nbsp;&nbsp;&nbsp;(49797691) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(286668679) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**3371522** | &nbsp;&nbsp;&nbsp;&nbsp;**$20411358** | &nbsp;&nbsp;&nbsp;&nbsp;**24895724** | &nbsp;&nbsp;&nbsp;&nbsp;**$140372358** |
| **Total net decrease** | &nbsp;&nbsp;**(9620254)** | &nbsp;&nbsp;**$(55464187)** | &nbsp;&nbsp;**(17799771)** | &nbsp;&nbsp;**$(102707900)** |

---

#### Note 7 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and U.S. Treasury obligations, amounted to $910,672,813 and $850,840,637, respectively, for the year ended May 31, 2025. Purchases and sales of U.S. Treasury obligations aggregated $34,961,782 and $134,107,671, respectively, for the year ended May 31, 2025.

#### Note 8 — 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\* | 2152501 | $52482104 | $541213426 | $(572195655) | $19428 | $11308 | $2067373 |  | $21530611 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

\* Refer to the Securities lending note within Note 2 for details regarding this investment.

#### Note 9 — New accounting pronouncement
In this reporting period, the fund adopted Financial Accounting Standards Board Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures (ASU 2023-07). Adoption of the new standard impacted financial statement disclosures only and did not affect the fund's financial position or the results of its operations. The management committee of the Advisor acts as the fund's chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund's subadvisor. Segment assets are reflected in the Statement of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the

\| JOHN HANCOCK Income Fund 50

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Statement of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from fund share transactions", and Financial highlights, which includes total return and income and expense ratios.

51 JOHN HANCOCK Income Fund \|

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#### Report of Independent Registered Public Accounting Firm

------

#### To the Board of Trustees of John Hancock Strategic Series and Shareholders of John Hancock Income Fund

#### Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the Fund's investments, of John Hancock Income Fund (one of the funds constituting John Hancock Strategic Series, referred to hereafter as the "Fund") as of May 31, 2025, the related statement of operations for the year ended May 31, 2025, the statements of changes in net assets for each of the two years in the period ended May 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended May 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of May 31, 2025, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended May 31, 2025 and the financial highlights for each of the five years in the period ended May 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

#### Basis for Opinion
These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2025 by correspondence with the custodian, transfer agent, agent banks and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Boston, Massachusetts

July 16, 2025

We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.

\| JOHN HANCOCK INCOME FUND 52

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Tax information

(Unaudited)

For federal income tax purposes, the following information is furnished with respect to the distributions of the fund, if any, paid during its taxable year ended May 31, 2025.

The fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.

The fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.

The fund reports the maximum amount allowable as Section 163(j) Interest Dividends.

The fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).

Eligible shareholders will be mailed a 2025 Form 1099-DIV in early 2026. This will reflect the tax character of all distributions paid in calendar year 2025.

#### Please consult a tax advisor regarding the tax consequences of your investment in the fund.
53 JOHN HANCOCK INCOME FUND \|

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![](img59eb4bbc3.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

This report is for the information of the shareholders of John Hancock Income Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4543849 91A 5/25

7/25

------

![](img68258f971.gif)

![](img5ef16e962.gif)

Annual Financial Statements & Other N-CSR Items

## John Hancock

## Managed Account Shares

## Fixed income
May 31, 2025

------

## John Hancock

## Managed Account Shares
Table of contents

---

| | |
|:---|:---|
| **2** | &nbsp;&nbsp;&nbsp;[Portfolios' investments](#xx_d0c42cee-9924-4f67-abd3-d34fad84ad90_1) |
| **27** | &nbsp;&nbsp;&nbsp;[Financial statements](#xx_0316251b-b5cd-49bf-8cf8-166defee4d56_1) |
| **31** | &nbsp;&nbsp;&nbsp;[Financial highlights](#xx_812f9dd3-34ed-46ac-bfd8-a41e6d9a047d_1) |
| **34** | &nbsp;&nbsp;&nbsp;[Notes to financial statements](#xx_efa5b9df-e429-40d2-9c78-824f1eda4d23_1) |
| **41** | &nbsp;&nbsp;&nbsp;[Report of independent registered public accounting firm](#xx_5c425c22-f491-4a30-863c-f4d5a4348316_1) |
| **42** | &nbsp;&nbsp;&nbsp;[Tax information](#xx_d567c49e-93da-4ba4-acf4-5e74225ccc65_1) |

---

1 JOHN HANCOCK MANAGED ACCOUNT SHARES \|

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

Portfolios' investments

#### MANAGED ACCOUNT SHARES BOND COMPLETION PORTFOLIO

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#### As of 5-31-25

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **U.S. Government and Agency obligations 85.8%** | **U.S. Government and Agency obligations 85.8%** | **U.S. Government and Agency obligations 85.8%** |  | **$903085** |
| (Cost $930,708) |  |  |  |  |
| **U.S. Government 26.6%** | **U.S. Government 26.6%** |  |  | &nbsp;&nbsp;**280432** |
| U.S. Treasury |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-42 | &nbsp;&nbsp;&nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-49 | &nbsp;&nbsp;&nbsp;&nbsp;117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-31-29 | &nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-28-27 | &nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-30-31 | &nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-15-34 | &nbsp;&nbsp;&nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32675 |
| **U.S. Government Agency 59.2%** | **U.S. Government Agency 59.2%** |  |  | &nbsp;&nbsp;**622653** |
| Federal Home Loan Mortgage Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-01-52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8838 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-01-52 | &nbsp;&nbsp;&nbsp;&nbsp;16385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15600 |
| Federal National Mortgage Association |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-01-50 | &nbsp;&nbsp;&nbsp;&nbsp;247074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219925 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-01-52 | &nbsp;&nbsp;&nbsp;&nbsp;14286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12752 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-53 | &nbsp;&nbsp;&nbsp;&nbsp;342098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325697 |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Yr Pass Thru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-01-54 | &nbsp;&nbsp;&nbsp;&nbsp;42047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39841 |
| **Corporate bonds 14.5%** | **Corporate bonds 14.5%** | **Corporate bonds 14.5%** |  | **$152450** |
| (Cost $153,037) |  |  |  |  |
| **Communication services 1.6%** | **Communication services 1.6%** | **Communication services 1.6%** |  | &nbsp;&nbsp;&nbsp;**16855** |
| **Wireless telecommunication services 1.6%** | **Wireless telecommunication services 1.6%** | **Wireless telecommunication services 1.6%** |  |  |
| T-Mobile USA, Inc. | &nbsp;&nbsp;5.050 | &nbsp;&nbsp;07-15-33 | 17000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16855 |
| **Financials 7.1%** | **Financials 7.1%** | **Financials 7.1%** |  | &nbsp;&nbsp;&nbsp;**74714** |
| **Banks 5.6%** | **Banks 5.6%** | **Banks 5.6%** |  |  |
| Bank of America Corp. (5.015% to 7-22-32, then Overnight SOFR + 2.160%) | &nbsp;&nbsp;5.015 | &nbsp;&nbsp;07-22-33 | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24913 |
| JPMorgan Chase & Co. (4.912% to 7-25-32, then Overnight SOFR + 2.080%) | &nbsp;&nbsp;4.912 | &nbsp;&nbsp;07-25-33 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17839 |
| Wells Fargo & Company (3.350% to 3-2-32, then Overnight SOFR + 1.500%) | &nbsp;&nbsp;3.350 | &nbsp;&nbsp;03-02-33 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16145 |
| **Capital markets 1.5%** | **Capital markets 1.5%** | **Capital markets 1.5%** |  |  |
| Morgan Stanley (2.943% to 1-21-32, then Overnight SOFR + 1.290%) | &nbsp;&nbsp;2.943 | &nbsp;&nbsp;01-21-33 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15817 |
| **Health care 2.5%** | **Health care 2.5%** | **Health care 2.5%** |  | &nbsp;&nbsp;&nbsp;**26239** |
| **Biotechnology 2.5%** | **Biotechnology 2.5%** | **Biotechnology 2.5%** |  |  |
| Amgen, Inc. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-02-33 | 26000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26239 |
| **Information technology 1.7%** | **Information technology 1.7%** | **Information technology 1.7%** |  | &nbsp;&nbsp;&nbsp;**17753** |
| **Software 1.7%** | **Software 1.7%** | **Software 1.7%** |  |  |
| Oracle Corp. | &nbsp;&nbsp;4.900 | &nbsp;&nbsp;02-06-33 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17753 |
| **Utilities 1.6%** | **Utilities 1.6%** | **Utilities 1.6%** |  | &nbsp;&nbsp;&nbsp;**16889** |
| **Multi-utilities 1.6%** | **Multi-utilities 1.6%** | **Multi-utilities 1.6%** |  |  |
| Dominion Energy, Inc. | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;04-01-30 | 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16889 |

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&nbsp;&nbsp;&nbsp;&nbsp;

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| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 2.5%** |  |  | &nbsp;&nbsp;**$26529** |
| (Cost $26,529) |  |  |  |
| **Short-term funds 2.5%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**26529** |
| John Hancock Collateral Trust (A) | &nbsp;&nbsp;4.2439(B) | 2652 | &nbsp;&nbsp;&nbsp;26529 |

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&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| **Total investments (Cost $1,110,274) 102.8%** | **$1082064** |
| **Other assets and liabilities, net (2.8%)** | &nbsp;&nbsp;&nbsp;&nbsp;**(29423)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$1052641** |

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&nbsp;&nbsp;&nbsp;&nbsp;

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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 portfolio. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. |

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SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 2

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

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| | |
|:---|:---|
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| SOFR | Secured Overnight Financing Rate |
| (A) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (B) | The rate shown is the annualized seven-day yield as of 5-31-25. |

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#### MANAGED ACCOUNT SHARES INVESTMENT-GRADE CORPORATE BOND PORTFOLIO

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#### As of 5-31-25

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Corporate bonds 98.4%** | **Corporate bonds 98.4%** | **Corporate bonds 98.4%** |  | **$396079353** |
| (Cost $395,962,636) |  |  |  |  |
| **Communication services 4.5%** | **Communication services 4.5%** | **Communication services 4.5%** |  | &nbsp;&nbsp;&nbsp;**17936486** |
| **Diversified telecommunication services 1.5%** | **Diversified telecommunication services 1.5%** | **Diversified telecommunication services 1.5%** |  |  |
| AT&T, Inc. | &nbsp;&nbsp;2.750 | &nbsp;&nbsp;06-01-31 | 3325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2975645 |
| AT&T, Inc. | &nbsp;&nbsp;3.550 | &nbsp;&nbsp;09-15-55 | 3211000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2122735 |
| AT&T, Inc. | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-15-35 | 1086000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021581 |
| **Entertainment 0.8%** | **Entertainment 0.8%** | **Entertainment 0.8%** |  |  |
| WarnerMedia Holdings, Inc. | &nbsp;&nbsp;4.279 | &nbsp;&nbsp;03-15-32 | 3873000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3286509 |
| **Media 1.2%** | **Media 1.2%** | **Media 1.2%** |  |  |
| Charter Communications Operating LLC | &nbsp;&nbsp;2.800 | &nbsp;&nbsp;04-01-31 | 2785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2445374 |
| Charter Communications Operating LLC | &nbsp;&nbsp;6.384 | &nbsp;&nbsp;10-23-35 | 2213000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2271929 |
| **Wireless telecommunication services 1.0%** | **Wireless telecommunication services 1.0%** | **Wireless telecommunication services 1.0%** |  |  |
| T-Mobile USA, Inc. | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;04-15-30 | 3954000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3812713 |
| **Consumer discretionary 2.4%** | **Consumer discretionary 2.4%** | **Consumer discretionary 2.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**9883705** |
| **Automobiles 2.0%** | **Automobiles 2.0%** | **Automobiles 2.0%** |  |  |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-13-30 | 1924000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1713438 |
| Ford Motor Credit Company LLC | &nbsp;&nbsp;6.054 | &nbsp;&nbsp;11-05-31 | 1719000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1674839 |
| General Motors Financial Company, Inc. | &nbsp;&nbsp;5.600 | &nbsp;&nbsp;06-18-31 | 3297000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3310546 |
| Hyundai Capital America (A) | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;01-08-31 | 1375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386481 |
| **Specialty retail 0.4%** | **Specialty retail 0.4%** | **Specialty retail 0.4%** |  |  |
| AutoNation, Inc. | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;06-01-30 | 1832000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1798401 |
| **Consumer staples 2.8%** | **Consumer staples 2.8%** | **Consumer staples 2.8%** |  | &nbsp;&nbsp;&nbsp;**11467020** |
| **Food products 2.1%** | **Food products 2.1%** | **Food products 2.1%** |  |  |
| Bimbo Bakeries USA, Inc. (A) | &nbsp;&nbsp;6.050 | &nbsp;&nbsp;01-15-29 | 770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798968 |
| JBS USA LUX SA | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;01-15-32 | 2822000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2536910 |
| JBS USA LUX SA | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04-01-33 | 1837000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1860771 |
| JBS USA LUX SA (A) | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;04-20-35 | 427000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434693 |
| Mars, Inc. (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-32 | 1080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1083632 |
| Pilgrim's Pride Corp. | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;07-01-33 | 1782000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1847034 |
| **Personal care products 0.7%** | **Personal care products 0.7%** | **Personal care products 0.7%** |  |  |
| Kenvue, Inc. | &nbsp;&nbsp;4.850 | &nbsp;&nbsp;05-22-32 | 2892000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2905012 |
| **Energy 16.2%** | **Energy 16.2%** | **Energy 16.2%** |  | &nbsp;&nbsp;&nbsp;**65205192** |
| **Oil, gas and consumable fuels 16.2%** | **Oil, gas and consumable fuels 16.2%** | **Oil, gas and consumable fuels 16.2%** |  |  |
| Aker BP ASA (A) | &nbsp;&nbsp;3.100 | &nbsp;&nbsp;07-15-31 | 1622000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1413223 |
| Aker BP ASA (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;01-15-30 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937869 |
| Aker BP ASA (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-31 | 612000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567535 |
| Aker BP ASA (A) | &nbsp;&nbsp;5.800 | &nbsp;&nbsp;10-01-54 | 621000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543506 |
| Antero Resources Corp. (A) | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;03-01-30 | 1575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546247 |
| Cheniere Energy Partners LP | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;01-31-32 | 2791000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2448860 |
| Cheniere Energy Partners LP | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;06-30-33 | 1310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340386 |
| Cheniere Energy, Inc. | &nbsp;&nbsp;5.650 | &nbsp;&nbsp;04-15-34 | 1060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057797 |
| Columbia Pipelines Holding Company LLC (A) | &nbsp;&nbsp;5.681 | &nbsp;&nbsp;01-15-34 | 772000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763399 |
| Columbia Pipelines Operating Company LLC (A) | &nbsp;&nbsp;5.927 | &nbsp;&nbsp;08-15-30 | 248000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257671 |
| Columbia Pipelines Operating Company LLC (A) | &nbsp;&nbsp;6.036 | &nbsp;&nbsp;11-15-33 | 2482000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554740 |
| Continental Resources, Inc. (A) | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;04-01-32 | 2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2126892 |
| Continental Resources, Inc. | &nbsp;&nbsp;4.900 | &nbsp;&nbsp;06-01-44 | 1498000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1147562 |
| Continental Resources, Inc. (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-31 | 1444000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437556 |

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3 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Energy (continued)** | **Energy (continued)** | **Energy (continued)** |  |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |  |
| DT Midstream, Inc. (A) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;06-15-31 | 3222000 | &nbsp;&nbsp;&nbsp;&nbsp;$3008973 |
| DT Midstream, Inc. (A) | &nbsp;&nbsp;5.800 | &nbsp;&nbsp;12-15-34 | 896000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888714 |
| Enbridge, Inc. (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;07-15-80 | 2940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2840293 |
| Enbridge, Inc. (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;03-01-78 | 1771000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742108 |
| Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;01-15-84 | 870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944054 |
| Energy Transfer LP | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;03-15-45 | 2104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1788576 |
| Energy Transfer LP | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-29 | 761000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773469 |
| Energy Transfer LP | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;10-01-47 | 1621000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1397631 |
| Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-16-77 | 2119000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085025 |
| Expand Energy Corp. | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;02-01-32 | 1613000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1520613 |
| Harbour Energy PLC (A) | &nbsp;&nbsp;6.327 | &nbsp;&nbsp;04-01-35 | 2723000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2624012 |
| MPLX LP | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;09-01-32 | 663000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644972 |
| MPLX LP | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-33 | 1476000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432412 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;5.375 | &nbsp;&nbsp;01-01-32 | 524000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505813 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.050 | &nbsp;&nbsp;10-01-54 | 1465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1273384 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.450 | &nbsp;&nbsp;09-15-36 | 2321000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2280874 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;09-01-30 | 1702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772487 |
| ONEOK, Inc. | &nbsp;&nbsp;6.050 | &nbsp;&nbsp;09-01-33 | 1155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1185055 |
| ONEOK, Inc. | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;09-01-53 | 1716000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1730783 |
| Ovintiv, Inc. | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;07-15-33 | 723000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723973 |
| Ovintiv, Inc. | &nbsp;&nbsp;7.200 | &nbsp;&nbsp;11-01-31 | 1160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231624 |
| Sabine Pass Liquefaction LLC | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-15-30 | 2579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540952 |
| Targa Resources Corp. | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;02-15-35 | 1290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1262047 |
| Targa Resources Corp. | &nbsp;&nbsp;6.150 | &nbsp;&nbsp;03-01-29 | 1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1534311 |
| Targa Resources Partners LP | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-32 | 1772000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1620348 |
| Var Energi ASA (A) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;05-22-30 | 2095000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2118627 |
| Var Energi ASA (A) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;11-15-32 | 2338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2585962 |
| Western Midstream Operating LP | &nbsp;&nbsp;4.050 | &nbsp;&nbsp;02-01-30 | 1237000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175935 |
| Western Midstream Operating LP | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;11-15-34 | 675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647932 |
| Whistler Pipeline LLC (A) | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;09-30-29 | 523000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524956 |
| Whistler Pipeline LLC (A) | &nbsp;&nbsp;5.700 | &nbsp;&nbsp;09-30-31 | 653000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656034 |
| **Financials 30.8%** | **Financials 30.8%** | **Financials 30.8%** |  | **123953754** |
| **Banks 15.6%** | **Banks 15.6%** | **Banks 15.6%** |  |  |
| Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (B) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-01-30 | 1773000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801099 |
| Bank of Montreal (7.700% to 5-26-29, then 5 Year CMT + 3.452%) | &nbsp;&nbsp;7.700 | &nbsp;&nbsp;05-26-84 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062884 |
| Barclays PLC (5.690% to 3-12-29, then Overnight SOFR + 1.740%) | &nbsp;&nbsp;5.690 | &nbsp;&nbsp;03-12-30 | 6011000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6162760 |
| BNP Paribas SA (5.497% to 5-20-29, then Overnight SOFR + 1.590%) (A) | &nbsp;&nbsp;5.497 | &nbsp;&nbsp;05-20-30 | 926000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943565 |
| BNP Paribas SA (9.250% to 11-17-27, then 5 Year CMT + 4.969%) (A)(B) | &nbsp;&nbsp;9.250 | &nbsp;&nbsp;11-17-27 | 1911000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030178 |
| BPCE SA (5.716% to 1-18-29, then Overnight SOFR + 1.959%) (A) | &nbsp;&nbsp;5.716 | &nbsp;&nbsp;01-18-30 | 819000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836922 |
| Citizens Financial Group, Inc. | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;04-30-30 | 337000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311193 |
| Citizens Financial Group, Inc. (5.253% to 3-5-30, then Overnight SOFR + 1.259%) | &nbsp;&nbsp;5.253 | &nbsp;&nbsp;03-05-31 | 1352000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353409 |
| Citizens Financial Group, Inc. (5.718% to 7-23-31, then Overnight SOFR + 1.910%) | &nbsp;&nbsp;5.718 | &nbsp;&nbsp;07-23-32 | 3011000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3073812 |
| Citizens Financial Group, Inc. (6.645% to 4-25-34, then Overnight SOFR + 2.325%) | &nbsp;&nbsp;6.645 | &nbsp;&nbsp;04-25-35 | 823000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872594 |
| Comerica, Inc. (5.982% to 1-30-29, then Overnight SOFR + 2.155%) | &nbsp;&nbsp;5.982 | &nbsp;&nbsp;01-30-30 | 1660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1687163 |
| Credit Agricole SA (A) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;01-14-30 | 409000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377116 |
| Credit Agricole SA (6.316% to 10-3-28, then Overnight SOFR + 1.860%) (A) | &nbsp;&nbsp;6.316 | &nbsp;&nbsp;10-03-29 | 961000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004790 |
| Danske Bank A/S (5.019% to 3-4-30, then 1 Year CMT + 0.930%) (A) | &nbsp;&nbsp;5.019 | &nbsp;&nbsp;03-04-31 | 1897000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1903676 |
| First Citizens BancShares, Inc. (5.231% to 3-12-30, then Overnight SOFR + 1.410%) | &nbsp;&nbsp;5.231 | &nbsp;&nbsp;03-12-31 | 1802000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1794682 |
| First Horizon Corp. (5.514% to 3-7-30, then Overnight SOFR + 1.766%) | &nbsp;&nbsp;5.514 | &nbsp;&nbsp;03-07-31 | 1080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1086207 |
| Huntington Bancshares, Inc. (5.272% to 1-15-30, then Overnight SOFR + 1.276%) | &nbsp;&nbsp;5.272 | &nbsp;&nbsp;01-15-31 | 719000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726787 |
| Huntington Bancshares, Inc. (6.208% to 8-21-28, then Overnight SOFR + 2.020%) | &nbsp;&nbsp;6.208 | &nbsp;&nbsp;08-21-29 | 434000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452389 |
| ING Groep NV (5.335% to 3-19-29, then Overnight SOFR + 1.440%) | &nbsp;&nbsp;5.335 | &nbsp;&nbsp;03-19-30 | 598000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609541 |
| ING Groep NV (6.114% to 9-11-33, then Overnight SOFR + 2.090%) | &nbsp;&nbsp;6.114 | &nbsp;&nbsp;09-11-34 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1576308 |

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SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 4

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |  |  |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |  |  |
| JPMorgan Chase & Co. (5.581% to 4-22-29, then Overnight SOFR + 1.160%) | &nbsp;&nbsp;5.581 | &nbsp;&nbsp;04-22-30 | 830000 | &nbsp;&nbsp;&nbsp;$856771 |
| KeyBank NA | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-26-33 | 2016000 | &nbsp;&nbsp;1949087 |
| KeyCorp (5.121% to 4-4-30, then SOFR Compounded Index + 1.227%) | &nbsp;&nbsp;5.121 | &nbsp;&nbsp;04-04-31 | 1879000 | &nbsp;&nbsp;1875000 |
| Lloyds Banking Group PLC (6.750% to 9-27-31, then 5 Year CMT + 3.150%) (B) | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;09-27-31 | 903000 | &nbsp;&nbsp;&nbsp;&nbsp;877874 |
| M&T Bank Corp. (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%) (B) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;11-01-26 | 1500000 | &nbsp;&nbsp;1478702 |
| M&T Bank Corp. (5.385% to 1-16-35, then Overnight SOFR + 1.610%) | &nbsp;&nbsp;5.385 | &nbsp;&nbsp;01-16-36 | 1384000 | &nbsp;&nbsp;1347713 |
| NatWest Group PLC (7.300% to 5-19-35, then 5 Year CMT + 2.937%) (B) | &nbsp;&nbsp;7.300 | &nbsp;&nbsp;11-19-34 | 1773000 | &nbsp;&nbsp;1737049 |
| NatWest Group PLC (8.125% to 5-10-34, then 5 Year CMT + 3.752%) (B) | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;11-10-33 | 1500000 | &nbsp;&nbsp;1590402 |
| Nordea Bank ABP (6.300% to 3-25-32, then 5 Year CMT + 2.660%) (A)(B) | &nbsp;&nbsp;6.300 | &nbsp;&nbsp;09-25-31 | 2268000 | &nbsp;&nbsp;2192243 |
| Regions Financial Corp. (5.502% to 9-6-34, then Overnight SOFR + 2.060%) | &nbsp;&nbsp;5.502 | &nbsp;&nbsp;09-06-35 | 2768000 | &nbsp;&nbsp;2718583 |
| Regions Financial Corp. (5.722% to 6-6-29, then Overnight SOFR + 1.490%) | &nbsp;&nbsp;5.722 | &nbsp;&nbsp;06-06-30 | 740000 | &nbsp;&nbsp;&nbsp;&nbsp;756804 |
| The PNC Financial Services Group, Inc. (4.812% to 10-21-31, then Overnight SOFR + 1.259%) | &nbsp;&nbsp;4.812 | &nbsp;&nbsp;10-21-32 | 1743000 | &nbsp;&nbsp;1721260 |
| The PNC Financial Services Group, Inc. (5.575% to 1-29-35, then Overnight SOFR + 1.394%) | &nbsp;&nbsp;5.575 | &nbsp;&nbsp;01-29-36 | 1252000 | &nbsp;&nbsp;1260332 |
| The PNC Financial Services Group, Inc. (5.939% to 8-18-33, then Overnight SOFR + 1.946%) | &nbsp;&nbsp;5.939 | &nbsp;&nbsp;08-18-34 | 941000 | &nbsp;&nbsp;&nbsp;&nbsp;974875 |
| The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (B) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;03-15-30 | 379000 | &nbsp;&nbsp;&nbsp;&nbsp;380480 |
| Truist Financial Corp. (5.153% to 8-5-31, then Overnight SOFR + 1.571%) | &nbsp;&nbsp;5.153 | &nbsp;&nbsp;08-05-32 | 2730000 | &nbsp;&nbsp;2745069 |
| Truist Financial Corp. (5.867% to 6-8-33, then Overnight SOFR + 2.361%) | &nbsp;&nbsp;5.867 | &nbsp;&nbsp;06-08-34 | 4024000 | &nbsp;&nbsp;4122505 |
| Truist Financial Corp. (7.161% to 10-30-28, then Overnight SOFR + 2.446%) | &nbsp;&nbsp;7.161 | &nbsp;&nbsp;10-30-29 | 602000 | &nbsp;&nbsp;&nbsp;&nbsp;648077 |
| U.S. Bancorp (5.384% to 1-23-29, then Overnight SOFR + 1.560%) | &nbsp;&nbsp;5.384 | &nbsp;&nbsp;01-23-30 | 665000 | &nbsp;&nbsp;&nbsp;&nbsp;680148 |
| U.S. Bancorp (5.836% to 6-10-33, then Overnight SOFR + 2.260%) | &nbsp;&nbsp;5.836 | &nbsp;&nbsp;06-12-34 | 1100000 | &nbsp;&nbsp;1135817 |
| Wells Fargo & Company (5.244% to 1-24-30, then Overnight SOFR + 1.110%) | &nbsp;&nbsp;5.244 | &nbsp;&nbsp;01-24-31 | 1106000 | &nbsp;&nbsp;1122470 |
| **Capital markets 8.2%** | **Capital markets 8.2%** | **Capital markets 8.2%** |  |  |
| Ares Capital Corp. | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;06-15-28 | 674000 | &nbsp;&nbsp;&nbsp;&nbsp;629310 |
| Ares Capital Corp. | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-01-29 | 793000 | &nbsp;&nbsp;&nbsp;&nbsp;803576 |
| Ares Strategic Income Fund | &nbsp;&nbsp;5.600 | &nbsp;&nbsp;02-15-30 | 1151000 | &nbsp;&nbsp;1131071 |
| Ares Strategic Income Fund | &nbsp;&nbsp;5.700 | &nbsp;&nbsp;03-15-28 | 365000 | &nbsp;&nbsp;&nbsp;&nbsp;365604 |
| Ares Strategic Income Fund | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;03-21-32 | 1236000 | &nbsp;&nbsp;1225021 |
| Ares Strategic Income Fund | &nbsp;&nbsp;6.350 | &nbsp;&nbsp;08-15-29 | 458000 | &nbsp;&nbsp;&nbsp;&nbsp;464251 |
| Blackstone Private Credit Fund | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-01-30 | 1185000 | &nbsp;&nbsp;1160496 |
| Blackstone Private Credit Fund | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;07-16-29 | 1383000 | &nbsp;&nbsp;1395742 |
| Blackstone Private Credit Fund | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;01-29-32 | 1430000 | &nbsp;&nbsp;1428564 |
| Blackstone Private Credit Fund | &nbsp;&nbsp;7.300 | &nbsp;&nbsp;11-27-28 | 1094000 | &nbsp;&nbsp;1158542 |
| Blackstone Secured Lending Fund | &nbsp;&nbsp;5.350 | &nbsp;&nbsp;04-13-28 | 1200000 | &nbsp;&nbsp;1202487 |
| Brookfield Finance, Inc. (6.300% to 1-15-35, then 5 Year CMT + 2.076%) | &nbsp;&nbsp;6.300 | &nbsp;&nbsp;01-15-55 | 1726000 | &nbsp;&nbsp;1631029 |
| Cantor Fitzgerald LP (A) | &nbsp;&nbsp;7.200 | &nbsp;&nbsp;12-12-28 | 2570000 | &nbsp;&nbsp;2703428 |
| Deutsche Bank AG (5.297% to 5-9-30, then Overnight SOFR + 1.720%) | &nbsp;&nbsp;5.297 | &nbsp;&nbsp;05-09-31 | 1499000 | &nbsp;&nbsp;1501072 |
| Deutsche Bank AG (6.819% to 11-20-28, then Overnight SOFR + 2.510%) | &nbsp;&nbsp;6.819 | &nbsp;&nbsp;11-20-29 | 672000 | &nbsp;&nbsp;&nbsp;&nbsp;711049 |
| HPS Corporate Lending Fund | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;04-14-32 | 698000 | &nbsp;&nbsp;&nbsp;&nbsp;687967 |
| Jefferies Financial Group, Inc. | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;04-14-34 | 2075000 | &nbsp;&nbsp;2118784 |
| Lazard Group LLC | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;03-11-29 | 792000 | &nbsp;&nbsp;&nbsp;&nbsp;775544 |
| Lazard Group LLC | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;03-15-31 | 1740000 | &nbsp;&nbsp;1800754 |
| Macquarie Bank, Ltd. (A) | &nbsp;&nbsp;3.624 | &nbsp;&nbsp;06-03-30 | 1921000 | &nbsp;&nbsp;1783747 |
| Morgan Stanley (2.484% to 9-16-31, then Overnight SOFR + 1.360%) | &nbsp;&nbsp;2.484 | &nbsp;&nbsp;09-16-36 | 249000 | &nbsp;&nbsp;&nbsp;&nbsp;208086 |
| Sixth Street Lending Partners | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;01-15-30 | 678000 | &nbsp;&nbsp;&nbsp;&nbsp;674693 |
| Sixth Street Lending Partners (A) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;07-15-30 | 693000 | &nbsp;&nbsp;&nbsp;&nbsp;700405 |
| The Charles Schwab Corp. (5.853% to 5-19-33, then Overnight SOFR + 2.500%) | &nbsp;&nbsp;5.853 | &nbsp;&nbsp;05-19-34 | 788000 | &nbsp;&nbsp;&nbsp;&nbsp;820686 |
| UBS Group AG (5.428% to 2-8-29, then 1 Year CMT + 1.520%) (A) | &nbsp;&nbsp;5.428 | &nbsp;&nbsp;02-08-30 | 886000 | &nbsp;&nbsp;&nbsp;&nbsp;903707 |
| UBS Group AG (6.301% to 9-22-33, then 1 Year CMT + 2.000%) (A) | &nbsp;&nbsp;6.301 | &nbsp;&nbsp;09-22-34 | 560000 | &nbsp;&nbsp;&nbsp;&nbsp;592166 |
| UBS Group AG (7.000% to 8-10-30, then 5 Year SOFR ICE Swap Rate + 3.077%) (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;02-10-30 | 1235000 | &nbsp;&nbsp;1222690 |
| UBS Group AG (7.125% to 2-10-35, then 5 Year SOFR ICE Swap Rate + 3.179%) (A)(B) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;08-10-34 | 1540000 | &nbsp;&nbsp;1511090 |
| UBS Group AG (9.250% to 11-13-33, then 5 Year CMT + 4.758%) (A)(B) | &nbsp;&nbsp;9.250 | &nbsp;&nbsp;11-13-33 | 1566000 | &nbsp;&nbsp;1787885 |
| **Consumer finance 1.1%** | **Consumer finance 1.1%** | **Consumer finance 1.1%** |  |  |
| Ally Financial, Inc. (6.184% to 7-26-34, then Overnight SOFR + 2.290%) | &nbsp;&nbsp;6.184 | &nbsp;&nbsp;07-26-35 | 1500000 | &nbsp;&nbsp;1491915 |
| Ally Financial, Inc. | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;11-01-31 | 1048000 | &nbsp;&nbsp;1172660 |
| Capital One Financial Corp. | &nbsp;&nbsp;6.700 | &nbsp;&nbsp;11-29-32 | 1500000 | &nbsp;&nbsp;1614015 |

---

5 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Financials (continued)** | **Financials (continued)** | **Financials (continued)** |  |  |
| **Financial services 2.3%** | **Financial services 2.3%** | **Financial services 2.3%** |  |  |
| Apollo Debt Solutions BDC | &nbsp;&nbsp;6.700 | &nbsp;&nbsp;07-29-31 | 1000000 | &nbsp;&nbsp;&nbsp;$1027891 |
| Apollo Debt Solutions BDC | &nbsp;&nbsp;6.900 | &nbsp;&nbsp;04-13-29 | 539000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558622 |
| Atlas Warehouse Lending Company LP (A) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;01-15-30 | 1010000 | &nbsp;&nbsp;&nbsp;&nbsp;1014345 |
| Citadel Finance LLC (A) | &nbsp;&nbsp;5.900 | &nbsp;&nbsp;02-10-30 | 1047000 | &nbsp;&nbsp;&nbsp;&nbsp;1042009 |
| Enact Holdings, Inc. | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;05-28-29 | 1250000 | &nbsp;&nbsp;&nbsp;&nbsp;1283408 |
| Macquarie Airfinance Holdings, Ltd. (A) | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;03-17-30 | 312000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307320 |
| NMI Holdings, Inc. | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;08-15-29 | 1405000 | &nbsp;&nbsp;&nbsp;&nbsp;1425970 |
| Radian Group, Inc. | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;05-15-29 | 2360000 | &nbsp;&nbsp;&nbsp;&nbsp;2429530 |
| **Insurance 3.6%** | **Insurance 3.6%** | **Insurance 3.6%** |  |  |
| Athene Global Funding (A) | &nbsp;&nbsp;4.721 | &nbsp;&nbsp;10-08-29 | 905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893113 |
| Athene Global Funding (A) | &nbsp;&nbsp;5.322 | &nbsp;&nbsp;11-13-31 | 1179000 | &nbsp;&nbsp;&nbsp;&nbsp;1172397 |
| Athene Holding, Ltd. | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;01-15-31 | 3861000 | &nbsp;&nbsp;&nbsp;&nbsp;3581632 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-30-29 | 1303000 | &nbsp;&nbsp;&nbsp;&nbsp;1300506 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;6.450 | &nbsp;&nbsp;06-15-34 | 616000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634295 |
| CNO Global Funding (A) | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;09-09-29 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1498561 |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-04-29 | 659000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673595 |
| GA Global Funding Trust (A) | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;12-09-31 | 1194000 | &nbsp;&nbsp;&nbsp;&nbsp;1185300 |
| MetLife, Inc. (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%) | &nbsp;&nbsp;6.400 | &nbsp;&nbsp;12-15-36 | 575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582628 |
| Reinsurance Group of America, Inc. (6.650% to 9-15-35, then 5 Year CMT + 2.392%) | &nbsp;&nbsp;6.650 | &nbsp;&nbsp;09-15-55 | 751000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737233 |
| SBL Holdings, Inc. (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-18-31 | 80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71519 |
| Teachers Insurance & Annuity Association of America (A) | &nbsp;&nbsp;4.270 | &nbsp;&nbsp;05-15-47 | 2934000 | &nbsp;&nbsp;&nbsp;&nbsp;2317508 |
| **Health care 9.4%** | **Health care 9.4%** | **Health care 9.4%** |  | **37799705** |
| **Biotechnology 2.6%** | **Biotechnology 2.6%** | **Biotechnology 2.6%** |  |  |
| AbbVie, Inc. | &nbsp;&nbsp;5.050 | &nbsp;&nbsp;03-15-34 | 809000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811349 |
| Amgen, Inc. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-02-30 | 1524000 | &nbsp;&nbsp;&nbsp;&nbsp;1562490 |
| Amgen, Inc. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-02-33 | 2967000 | &nbsp;&nbsp;&nbsp;&nbsp;2994231 |
| Amgen, Inc. | &nbsp;&nbsp;5.650 | &nbsp;&nbsp;03-02-53 | 2032000 | &nbsp;&nbsp;&nbsp;&nbsp;1934308 |
| Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;1.750 | &nbsp;&nbsp;09-15-30 | 3492000 | &nbsp;&nbsp;&nbsp;&nbsp;2991487 |
| **Health care equipment and supplies 0.7%** | **Health care equipment and supplies 0.7%** | **Health care equipment and supplies 0.7%** |  |  |
| Solventum Corp. | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;03-01-29 | 934000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953157 |
| Solventum Corp. | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;03-13-31 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2047347 |
| **Health care providers and services 3.4%** | **Health care providers and services 3.4%** | **Health care providers and services 3.4%** |  |  |
| Centene Corp. | &nbsp;&nbsp;2.625 | &nbsp;&nbsp;08-01-31 | 2753000 | &nbsp;&nbsp;&nbsp;&nbsp;2331836 |
| Centene Corp. | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;12-15-29 | 3440000 | &nbsp;&nbsp;&nbsp;&nbsp;3312723 |
| Fresenius Medical Care US Finance III, Inc. (A) | &nbsp;&nbsp;2.375 | &nbsp;&nbsp;02-16-31 | 2814000 | &nbsp;&nbsp;&nbsp;&nbsp;2391299 |
| Fresenius Medical Care US Finance III, Inc. (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;06-15-29 | 1702000 | &nbsp;&nbsp;&nbsp;&nbsp;1614468 |
| HCA, Inc. | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;04-01-31 | 1548000 | &nbsp;&nbsp;&nbsp;&nbsp;1575962 |
| Horizon Mutual Holdings, Inc. (A) | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;11-15-34 | 1622000 | &nbsp;&nbsp;&nbsp;&nbsp;1572390 |
| Universal Health Services, Inc. | &nbsp;&nbsp;2.650 | &nbsp;&nbsp;10-15-30 | 1109000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973592 |
| **Life sciences tools and services 0.2%** | **Life sciences tools and services 0.2%** | **Life sciences tools and services 0.2%** |  |  |
| Icon Investments Six DAC | &nbsp;&nbsp;5.849 | &nbsp;&nbsp;05-08-29 | 653000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669173 |
| **Pharmaceuticals 2.5%** | **Pharmaceuticals 2.5%** | **Pharmaceuticals 2.5%** |  |  |
| IQVIA, Inc. | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;02-01-29 | 3036000 | &nbsp;&nbsp;&nbsp;&nbsp;3145557 |
| Royalty Pharma PLC | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;09-02-29 | 753000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761451 |
| Viatris, Inc. | &nbsp;&nbsp;2.700 | &nbsp;&nbsp;06-22-30 | 2657000 | &nbsp;&nbsp;&nbsp;&nbsp;2324035 |
| Viatris, Inc. | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-22-50 | 5990000 | &nbsp;&nbsp;&nbsp;&nbsp;3832850 |
| **Industrials 8.4%** | **Industrials 8.4%** | **Industrials 8.4%** |  | **33804618** |
| **Aerospace and defense 1.3%** | **Aerospace and defense 1.3%** | **Aerospace and defense 1.3%** |  |  |
| DAE Funding LLC (A) | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;03-20-28 | 2322000 | &nbsp;&nbsp;&nbsp;&nbsp;2224814 |
| Embraer Netherlands Finance BV (A) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;07-28-30 | 1776000 | &nbsp;&nbsp;&nbsp;&nbsp;1892820 |
| The Boeing Company | &nbsp;&nbsp;6.528 | &nbsp;&nbsp;05-01-34 | 1105000 | &nbsp;&nbsp;&nbsp;&nbsp;1179446 |
| **Construction and engineering 0.3%** | **Construction and engineering 0.3%** | **Construction and engineering 0.3%** |  |  |
| CIMIC Finance USA Pty, Ltd. (A) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-25-34 | 1316000 | &nbsp;&nbsp;&nbsp;&nbsp;1378248 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 6

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Industrials (continued)** | **Industrials (continued)** | **Industrials (continued)** |  |  |
| **Machinery 0.7%** | **Machinery 0.7%** | **Machinery 0.7%** |  |  |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;2.300 | &nbsp;&nbsp;03-15-30 | 1041000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$917943 |
| Weir Group, Inc. (A) | &nbsp;&nbsp;5.350 | &nbsp;&nbsp;05-06-30 | 1706000 | &nbsp;&nbsp;&nbsp;&nbsp;1712998 |
| **Passenger airlines 4.2%** | **Passenger airlines 4.2%** | **Passenger airlines 4.2%** |  |  |
| Air Canada 2015-2 Class AA Pass Through Trust (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;12-15-27 | 590119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569416 |
| American Airlines 2016-1 Class A Pass Through Trust | &nbsp;&nbsp;4.100 | &nbsp;&nbsp;01-15-28 | 1087533 | &nbsp;&nbsp;&nbsp;&nbsp;1049268 |
| American Airlines 2017-1 Class A Pass Through Trust | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;02-15-29 | 1039965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988467 |
| American Airlines 2017-1 Class AA Pass Through Trust | &nbsp;&nbsp;3.650 | &nbsp;&nbsp;02-15-29 | 866535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832592 |
| American Airlines 2017-2 Class A Pass Through Trust | &nbsp;&nbsp;3.600 | &nbsp;&nbsp;10-15-29 | 962770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881746 |
| American Airlines 2019-1 Class A Pass Through Trust | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;02-15-32 | 1323339 | &nbsp;&nbsp;&nbsp;&nbsp;1164790 |
| American Airlines 2019-1 Class AA Pass Through Trust | &nbsp;&nbsp;3.150 | &nbsp;&nbsp;02-15-32 | 1418072 | &nbsp;&nbsp;&nbsp;&nbsp;1298699 |
| American Airlines 2021-1 Class A Pass Through Trust | &nbsp;&nbsp;2.875 | &nbsp;&nbsp;07-11-34 | 1414949 | &nbsp;&nbsp;&nbsp;&nbsp;1231201 |
| American Airlines 2021-1 Class B Pass Through Trust | &nbsp;&nbsp;3.950 | &nbsp;&nbsp;07-11-30 | 117025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109559 |
| British Airways 2018-1 Class A Pass Through Trust (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;09-20-31 | 68440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65188 |
| British Airways 2020-1 Class A Pass Through Trust (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;11-15-32 | 405598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382724 |
| British Airways 2020-1 Class B Pass Through Trust (A) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;11-15-28 | 119197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125354 |
| JetBlue 2019-1 Class AA Pass Through Trust | &nbsp;&nbsp;2.750 | &nbsp;&nbsp;05-15-32 | 669555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582076 |
| United Airlines 2016-1 Class A Pass Through Trust | &nbsp;&nbsp;3.450 | &nbsp;&nbsp;07-07-28 | 378870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359954 |
| United Airlines 2019-1 Class A Pass Through Trust | &nbsp;&nbsp;4.550 | &nbsp;&nbsp;08-25-31 | 235177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216432 |
| United Airlines 2020-1 Class A Pass Through Trust | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;10-15-27 | 1507702 | &nbsp;&nbsp;&nbsp;&nbsp;1534466 |
| United Airlines 2023-1 Class A Pass Through Trust | &nbsp;&nbsp;5.800 | &nbsp;&nbsp;01-15-36 | 2114110 | &nbsp;&nbsp;&nbsp;&nbsp;2116172 |
| United Airlines 2024-1 Class A Pass Through Trust | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;02-15-37 | 1486946 | &nbsp;&nbsp;&nbsp;&nbsp;1454828 |
| United Airlines 2024-1 Class AA Pass Through Trust | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;02-15-37 | 1734771 | &nbsp;&nbsp;&nbsp;&nbsp;1723167 |
| **Trading companies and distributors 1.9%** | **Trading companies and distributors 1.9%** | **Trading companies and distributors 1.9%** |  |  |
| AerCap Ireland Capital DAC | &nbsp;&nbsp;3.300 | &nbsp;&nbsp;01-30-32 | 4339000 | &nbsp;&nbsp;&nbsp;&nbsp;3852850 |
| Ashtead Capital, Inc. (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;08-11-32 | 1590000 | &nbsp;&nbsp;&nbsp;&nbsp;1582586 |
| Ashtead Capital, Inc. (A) | &nbsp;&nbsp;5.550 | &nbsp;&nbsp;05-30-33 | 2400000 | &nbsp;&nbsp;&nbsp;&nbsp;2376814 |
| **Information technology 7.8%** | **Information technology 7.8%** | **Information technology 7.8%** |  | **31321588** |
| **Communications equipment 0.8%** | **Communications equipment 0.8%** | **Communications equipment 0.8%** |  |  |
| Motorola Solutions, Inc. | &nbsp;&nbsp;2.300 | &nbsp;&nbsp;11-15-30 | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153802 |
| Motorola Solutions, Inc. | &nbsp;&nbsp;2.750 | &nbsp;&nbsp;05-24-31 | 3280000 | &nbsp;&nbsp;&nbsp;&nbsp;2905884 |
| **Electronic equipment, instruments and components 0.5%** | **Electronic equipment, instruments and components 0.5%** | **Electronic equipment, instruments and components 0.5%** |  |  |
| TD SYNNEX Corp. | &nbsp;&nbsp;2.650 | &nbsp;&nbsp;08-09-31 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1272156 |
| TD SYNNEX Corp. | &nbsp;&nbsp;6.100 | &nbsp;&nbsp;04-12-34 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533638 |
| **Semiconductors and semiconductor equipment 4.1%** | **Semiconductors and semiconductor equipment 4.1%** | **Semiconductors and semiconductor equipment 4.1%** |  |  |
| Broadcom, Inc. (A) | &nbsp;&nbsp;3.419 | &nbsp;&nbsp;04-15-33 | 4675000 | &nbsp;&nbsp;&nbsp;&nbsp;4170251 |
| Broadcom, Inc. | &nbsp;&nbsp;4.550 | &nbsp;&nbsp;02-15-32 | 592000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579662 |
| Foundry JV Holdco LLC (A) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;01-25-34 | 2670000 | &nbsp;&nbsp;&nbsp;&nbsp;2676232 |
| Foundry JV Holdco LLC (A) | &nbsp;&nbsp;6.150 | &nbsp;&nbsp;01-25-32 | 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;1869098 |
| Marvell Technology, Inc. | &nbsp;&nbsp;5.950 | &nbsp;&nbsp;09-15-33 | 2053000 | &nbsp;&nbsp;&nbsp;&nbsp;2120220 |
| Micron Technology, Inc. | &nbsp;&nbsp;2.703 | &nbsp;&nbsp;04-15-32 | 499000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425359 |
| Micron Technology, Inc. | &nbsp;&nbsp;5.300 | &nbsp;&nbsp;01-15-31 | 665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669116 |
| Micron Technology, Inc. | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;11-01-29 | 1778000 | &nbsp;&nbsp;&nbsp;&nbsp;1900859 |
| Qorvo, Inc. (A) | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;04-01-31 | 1780000 | &nbsp;&nbsp;&nbsp;&nbsp;1566249 |
| Qorvo, Inc. | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;10-15-29 | 641000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615108 |
| **Software 1.1%** | **Software 1.1%** | **Software 1.1%** |  |  |
| Atlassian Corp. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-29 | 712000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726331 |
| Oracle Corp. | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;02-03-32 | 1262000 | &nbsp;&nbsp;&nbsp;&nbsp;1281135 |
| Oracle Corp. | &nbsp;&nbsp;5.550 | &nbsp;&nbsp;02-06-53 | 2409000 | &nbsp;&nbsp;&nbsp;&nbsp;2209086 |
| VMware LLC | &nbsp;&nbsp;4.700 | &nbsp;&nbsp;05-15-30 | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223752 |
| **Technology hardware, storage and peripherals 1.3%** | **Technology hardware, storage and peripherals 1.3%** | **Technology hardware, storage and peripherals 1.3%** |  |  |
| CDW LLC | &nbsp;&nbsp;5.100 | &nbsp;&nbsp;03-01-30 | 675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674085 |
| CDW LLC | &nbsp;&nbsp;5.550 | &nbsp;&nbsp;08-22-34 | 810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797910 |
| Dell International LLC | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;04-15-34 | 3947000 | &nbsp;&nbsp;&nbsp;&nbsp;3951655 |

---

7 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Materials 1.0%** | **Materials 1.0%** | **Materials 1.0%** |  | **$3907833** |
| **Construction materials 0.5%** | **Construction materials 0.5%** | **Construction materials 0.5%** |  |  |
| Cemex SAB de CV (A) | &nbsp;&nbsp;3.875 | &nbsp;&nbsp;07-11-31 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1828869 |
| **Metals and mining 0.5%** | **Metals and mining 0.5%** | **Metals and mining 0.5%** |  |  |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;5.400 | &nbsp;&nbsp;11-14-34 | 1070000 | &nbsp;&nbsp;&nbsp;&nbsp;1066906 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;03-15-43 | 1096000 | &nbsp;&nbsp;&nbsp;&nbsp;1012058 |
| **Real estate 5.8%** | **Real estate 5.8%** | **Real estate 5.8%** |  | **23500496** |
| **Industrial REITs 1.0%** | **Industrial REITs 1.0%** | **Industrial REITs 1.0%** |  |  |
| Prologis Targeted U.S. Logistics Fund LP (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-01-29 | 2400000 | &nbsp;&nbsp;&nbsp;&nbsp;2455974 |
| Prologis Targeted U.S. Logistics Fund LP (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;01-15-35 | 1541000 | &nbsp;&nbsp;&nbsp;&nbsp;1521924 |
| **Real estate management and development 0.5%** | **Real estate management and development 0.5%** | **Real estate management and development 0.5%** |  |  |
| CoStar Group, Inc. (A) | &nbsp;&nbsp;2.800 | &nbsp;&nbsp;07-15-30 | 2521000 | &nbsp;&nbsp;&nbsp;&nbsp;2235736 |
| **Residential REITs 0.7%** | **Residential REITs 0.7%** | **Residential REITs 0.7%** |  |  |
| American Homes 4 Rent LP | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;06-15-30 | 2650000 | &nbsp;&nbsp;&nbsp;&nbsp;2648000 |
| **Retail REITs 0.4%** | **Retail REITs 0.4%** | **Retail REITs 0.4%** |  |  |
| Regency Centers LP | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-32 | 1779000 | &nbsp;&nbsp;&nbsp;&nbsp;1775772 |
| **Specialized REITs 3.2%** | **Specialized REITs 3.2%** | **Specialized REITs 3.2%** |  |  |
| American Tower Corp. | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;02-15-29 | 1710000 | &nbsp;&nbsp;&nbsp;&nbsp;1740047 |
| American Tower Corp. | &nbsp;&nbsp;5.550 | &nbsp;&nbsp;07-15-33 | 1302000 | &nbsp;&nbsp;&nbsp;&nbsp;1325169 |
| American Tower Corp. | &nbsp;&nbsp;5.650 | &nbsp;&nbsp;03-15-33 | 1302000 | &nbsp;&nbsp;&nbsp;&nbsp;1337711 |
| GLP Capital LP | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;01-15-32 | 332000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287217 |
| GLP Capital LP | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-30 | 4060000 | &nbsp;&nbsp;&nbsp;&nbsp;3833763 |
| VICI Properties LP | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;11-15-31 | 2091000 | &nbsp;&nbsp;&nbsp;&nbsp;2061928 |
| VICI Properties LP | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;05-15-32 | 2324000 | &nbsp;&nbsp;&nbsp;&nbsp;2277255 |
| **Utilities 9.3%** | **Utilities 9.3%** | **Utilities 9.3%** |  | **37298956** |
| **Electric utilities 4.6%** | **Electric utilities 4.6%** | **Electric utilities 4.6%** |  |  |
| American Electric Power Company, Inc. | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;03-01-33 | 268000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274365 |
| Constellation Energy Generation LLC | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-01-53 | 1095000 | &nbsp;&nbsp;&nbsp;&nbsp;1146276 |
| Duke Energy Corp. | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;09-15-33 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1037595 |
| Electricite de France SA (A) | &nbsp;&nbsp;5.650 | &nbsp;&nbsp;04-22-29 | 1900000 | &nbsp;&nbsp;&nbsp;&nbsp;1961907 |
| Eversource Energy | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;05-15-33 | 1613000 | &nbsp;&nbsp;&nbsp;&nbsp;1584101 |
| Exelon Corp. | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;03-15-31 | 1093000 | &nbsp;&nbsp;&nbsp;&nbsp;1107336 |
| Exelon Corp. (6.500% to 3-15-35, then 5 Year CMT + 1.975%) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;03-15-55 | 435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434486 |
| NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;08-15-55 | 1002000 | &nbsp;&nbsp;&nbsp;&nbsp;1003245 |
| NextEra Energy Capital Holdings, Inc. (6.500% to 8-15-35, then 5 Year CMT + 1.979%) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;08-15-55 | 361000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363571 |
| NextEra Energy Capital Holdings, Inc. (6.700% to 9-1-29, then 5 Year CMT + 2.364%) | &nbsp;&nbsp;6.700 | &nbsp;&nbsp;09-01-54 | 736000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746114 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;4.450 | &nbsp;&nbsp;06-15-29 | 936000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910920 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-15-33 | 1943000 | &nbsp;&nbsp;&nbsp;&nbsp;2095700 |
| Pacific Gas & Electric Company | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;07-01-50 | 1467000 | &nbsp;&nbsp;&nbsp;&nbsp;1163909 |
| Pacific Gas & Electric Company | &nbsp;&nbsp;5.800 | &nbsp;&nbsp;05-15-34 | 1227000 | &nbsp;&nbsp;&nbsp;&nbsp;1212681 |
| The Southern Company | &nbsp;&nbsp;5.200 | &nbsp;&nbsp;06-15-33 | 522000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521321 |
| The Southern Company | &nbsp;&nbsp;5.700 | &nbsp;&nbsp;03-15-34 | 967000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995334 |
| The Southern Company (6.375% to 3-15-35, then 5 Year CMT + 2.069%) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-15-55 | 1815000 | &nbsp;&nbsp;&nbsp;&nbsp;1844614 |
| **Independent power and renewable electricity producers 1.8%** | **Independent power and renewable electricity producers 1.8%** | **Independent power and renewable electricity producers 1.8%** |  |  |
| Capital Power US Holdings, Inc. (A) | &nbsp;&nbsp;5.257 | &nbsp;&nbsp;06-01-28 | 891000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896521 |
| Capital Power US Holdings, Inc. (A) | &nbsp;&nbsp;6.189 | &nbsp;&nbsp;06-01-35 | 1505000 | &nbsp;&nbsp;&nbsp;&nbsp;1515980 |
| Vistra Operations Company LLC (A) | &nbsp;&nbsp;4.300 | &nbsp;&nbsp;07-15-29 | 1973000 | &nbsp;&nbsp;&nbsp;&nbsp;1922716 |
| Vistra Operations Company LLC (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;04-15-34 | 1306000 | &nbsp;&nbsp;&nbsp;&nbsp;1324501 |
| Vistra Operations Company LLC (A) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;10-15-33 | 1474000 | &nbsp;&nbsp;&nbsp;&nbsp;1588714 |
| **Multi-utilities 2.9%** | **Multi-utilities 2.9%** | **Multi-utilities 2.9%** |  |  |
| CenterPoint Energy, Inc. (7.000% to 2-15-30, then 5 Year CMT + 3.254%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;02-15-55 | 1855000 | &nbsp;&nbsp;&nbsp;&nbsp;1904378 |
| Dominion Energy, Inc. | &nbsp;&nbsp;3.375 | &nbsp;&nbsp;04-01-30 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938406 |
| Dominion Energy, Inc. (6.875% to 2-1-30, then 5 Year CMT + 2.386%) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;02-01-55 | 1537000 | &nbsp;&nbsp;&nbsp;&nbsp;1592211 |
| Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;06-01-54 | 1407000 | &nbsp;&nbsp;&nbsp;&nbsp;1478511 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 8

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Utilities (continued)** | **Utilities (continued)** | **Utilities (continued)** |  |  |
| **Multi-utilities (continued)** | **Multi-utilities (continued)** | **Multi-utilities (continued)** |  |  |
| National Grid PLC | &nbsp;&nbsp;5.809 | &nbsp;&nbsp;06-12-33 | 2194000 | &nbsp;&nbsp;$2265030 |
| Sempra | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;08-01-33 | 1195000 | &nbsp;&nbsp;&nbsp;&nbsp;1201728 |
| Sempra (6.875% to 10-1-29, then 5 Year CMT + 2.789%) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;10-01-54 | 2325000 | &nbsp;&nbsp;&nbsp;&nbsp;2266785 |
| **Municipal bonds 0.1%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$288172** |
| (Cost $437,674) |  |  |  |  |
| Foothill-Eastern Transportation Corridor Agency (California) | &nbsp;&nbsp;4.094 | &nbsp;&nbsp;01-15-49 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23649 |
| Golden State Tobacco Securitization Corp. (California) | &nbsp;&nbsp;4.214 | &nbsp;&nbsp;06-01-50 | 108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74753 |
| Maryland Health & Higher Educational Facilities Authority | &nbsp;&nbsp;3.197 | &nbsp;&nbsp;07-01-50 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80955 |
| Ohio Turnpike & Infrastructure Commission | &nbsp;&nbsp;3.216 | &nbsp;&nbsp;02-15-48 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21197 |
| Regents of the University of California Medical Center | &nbsp;&nbsp;3.006 | &nbsp;&nbsp;05-15-50 | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87618 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 0.1%** |  |  | &nbsp;&nbsp;**$460622** |
| (Cost $460,596) |  |  |  |
| **Short-term funds 0.1%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**460622** |
| John Hancock Collateral Trust (C) | &nbsp;&nbsp;4.2439(D) | 46050 | &nbsp;&nbsp;&nbsp;460622 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $396,860,906) 98.6%** | **$396828147** |
| **Other assets and liabilities, net 1.4%** | &nbsp;&nbsp;&nbsp;&nbsp;**5458765** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$402286912** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. |
| ^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 |
| ICE | Intercontinental Exchange |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $106,685,781 or 26.5% of the portfolio's net assets as of 5-31-25. |
| (B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (D) | The rate shown is the annualized seven-day yield as of 5-31-25. |

---

The portfolio had the following country composition as a percentage of net assets on 5-31-25:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;81.5% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;4.0% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;2.4% |
| Norway | &nbsp;&nbsp;&nbsp;&nbsp;2.0% |
| France | &nbsp;&nbsp;&nbsp;&nbsp;1.8% |
| Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;1.5% |
| Ireland | &nbsp;&nbsp;&nbsp;&nbsp;1.1% |
| Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;1.1% |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;1.0% |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp;1.0% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;2.6% |
| **TOTAL** | **100.0%** |

---

#### MANAGED ACCOUNT SHARES NON-INVESTMENT-GRADE CORPORATE BOND PORTFOLIO

------

#### As of 5-31-25

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Corporate bonds 94.1%** | **Corporate bonds 94.1%** | **Corporate bonds 94.1%** |  | **$128245734** |
| (Cost $129,368,227) |  |  |  |  |
| **Communication services 8.9%** | **Communication services 8.9%** | **Communication services 8.9%** |  | &nbsp;&nbsp;&nbsp;**12128280** |
| **Diversified telecommunication services 3.4%** | **Diversified telecommunication services 3.4%** | **Diversified telecommunication services 3.4%** |  |  |
| GCI LLC (A) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-15-28 | 925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869974 |

---

9 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Communication services (continued)** | **Communication services (continued)** | **Communication services (continued)** |  |  |
| **Diversified telecommunication services (continued)** | **Diversified telecommunication services (continued)** | **Diversified telecommunication services (continued)** |  |  |
| IHS Holding, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.875 | &nbsp;&nbsp;05-29-30 | 779000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$769099 |
| IHS Holding, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.250 | &nbsp;&nbsp;11-29-31 | 1200000 | &nbsp;&nbsp;&nbsp;&nbsp;1192056 |
| Iliad Holding SAS (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;04-15-32 | 1026000 | &nbsp;&nbsp;&nbsp;&nbsp;1032596 |
| Iliad Holding SAS (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.500 | &nbsp;&nbsp;04-15-31 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316605 |
| Windstream Services LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.250 | &nbsp;&nbsp;10-01-31 | 467000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486028 |
| **Interactive media and services 1.0%** | **Interactive media and services 1.0%** | **Interactive media and services 1.0%** |  |  |
| Match Group Holdings II LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.625 | &nbsp;&nbsp;10-01-31 | 348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304358 |
| Match Group Holdings II LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;08-01-30 | 1135000 | &nbsp;&nbsp;&nbsp;&nbsp;1047505 |
| **Media 2.7%** | **Media 2.7%** | **Media 2.7%** |  |  |
| CCO Holdings LLC | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;05-01-32 | 599000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545176 |
| Globo Comunicacao e Participacoes SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.875 | &nbsp;&nbsp;01-22-30 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188261 |
| LCPR Senior Secured Financing DAC (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.125 | &nbsp;&nbsp;07-15-29 | 1188000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766610 |
| Midcontinent Communications (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;08-15-32 | 1225000 | &nbsp;&nbsp;&nbsp;&nbsp;1266894 |
| Sirius XM Radio LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-28 | 898000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852142 |
| **Wireless telecommunication services 1.8%** | **Wireless telecommunication services 1.8%** | **Wireless telecommunication services 1.8%** |  |  |
| Millicom International Cellular SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.250 | &nbsp;&nbsp;03-25-29 | 1009800 | &nbsp;&nbsp;&nbsp;&nbsp;1007032 |
| Millicom International Cellular SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.375 | &nbsp;&nbsp;04-02-32 | 413000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418283 |
| Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873% to 4-4-49, then 5 Year U.S. Swap Rate + 5.623%) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;04-04-79 | 1036000 | &nbsp;&nbsp;&nbsp;&nbsp;1065661 |
| **Consumer discretionary 17.9%** | **Consumer discretionary 17.9%** | **Consumer discretionary 17.9%** |  | **24369531** |
| **Automobile components 0.3%** | **Automobile components 0.3%** | **Automobile components 0.3%** |  |  |
| Dealer Tire LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;02-01-28 | 384000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375268 |
| **Broadline retail 1.1%** | **Broadline retail 1.1%** | **Broadline retail 1.1%** |  |  |
| Macy's Retail Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.875 | &nbsp;&nbsp;04-01-29 | 351000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344011 |
| Macy's Retail Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-15-30 | 287000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273906 |
| Macy's Retail Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.125 | &nbsp;&nbsp;03-15-32 | 485000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449281 |
| Rakuten Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.750 | &nbsp;&nbsp;04-15-29 | 473000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506422 |
| **Diversified consumer services 0.1%** | **Diversified consumer services 0.1%** | **Diversified consumer services 0.1%** |  |  |
| Service Corp. International | &nbsp;&nbsp;&nbsp;&nbsp;5.750 | &nbsp;&nbsp;10-15-32 | 144000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143098 |
| **Hotels, restaurants and leisure 8.9%** | **Hotels, restaurants and leisure 8.9%** | **Hotels, restaurants and leisure 8.9%** |  |  |
| Caesars Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;10-15-32 | 1287000 | &nbsp;&nbsp;&nbsp;&nbsp;1234604 |
| Caesars Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-32 | 579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583658 |
| Carnival Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.875 | &nbsp;&nbsp;06-15-31 | 1635000 | &nbsp;&nbsp;&nbsp;&nbsp;1635981 |
| Full House Resorts, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.250 | &nbsp;&nbsp;02-15-28 | 449000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429543 |
| Genting New York LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;10-01-29 | 216000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218439 |
| Jacobs Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-15-29 | 279000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264353 |
| MGM Resorts International | &nbsp;&nbsp;&nbsp;&nbsp;4.750 | &nbsp;&nbsp;10-15-28 | 1750000 | &nbsp;&nbsp;&nbsp;&nbsp;1711695 |
| Midwest Gaming Borrower LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.875 | &nbsp;&nbsp;05-01-29 | 1090000 | &nbsp;&nbsp;&nbsp;&nbsp;1044434 |
| NCL Corp., Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;02-01-32 | 1147000 | &nbsp;&nbsp;&nbsp;&nbsp;1147214 |
| Resorts World Las Vegas LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-16-29 | 1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920533 |
| Resorts World Las Vegas LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-06-31 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484502 |
| Resorts World Las Vegas LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.450 | &nbsp;&nbsp;07-27-30 | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688893 |
| Rivers Enterprise Borrower LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;02-01-33 | 859000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847424 |
| Sabre GLBL, Inc. (A) | &nbsp;&nbsp;11.125 | &nbsp;&nbsp;07-15-30 | 507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520182 |
| Travel + Leisure Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;03-01-30 | 388000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366506 |
| **Household durables 2.5%** | **Household durables 2.5%** | **Household durables 2.5%** |  |  |
| Brookfield Residential Properties, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-29 | 797000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713127 |
| Century Communities, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.875 | &nbsp;&nbsp;08-15-29 | 795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720638 |
| KB Home | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-31 | 683000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619113 |
| Newell Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;05-15-30 | 677000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636004 |
| Newell Brands, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.500 | &nbsp;&nbsp;06-01-28 | 644000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666249 |
| **Specialty retail 4.7%** | **Specialty retail 4.7%** | **Specialty retail 4.7%** |  |  |
| Asbury Automotive Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;11-15-29 | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171115 |
| Asbury Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4.750 | &nbsp;&nbsp;03-01-30 | 822000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780645 |

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SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 10

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Consumer discretionary (continued)** | **Consumer discretionary (continued)** | **Consumer discretionary (continued)** |  |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** | **Specialty retail (continued)** |  |  |
| Global Auto Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.750 | &nbsp;&nbsp;01-15-32 | 1102000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$855339 |
| Global Auto Holdings, Ltd. (A) | &nbsp;&nbsp;11.500 | &nbsp;&nbsp;08-15-29 | 727000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674293 |
| Group 1 Automotive, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-28 | 305000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292283 |
| Lithia Motors, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.375 | &nbsp;&nbsp;01-15-31 | 814000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762874 |
| Lithia Motors, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;12-15-27 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319655 |
| Saks Global Enterprises LLC (A) | &nbsp;&nbsp;11.000 | &nbsp;&nbsp;12-15-29 | 851000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380823 |
| The Michaels Companies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-01-28 | 1314000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895744 |
| The Michaels Companies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.875 | &nbsp;&nbsp;05-01-29 | 1178000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568385 |
| Valvoline, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.625 | &nbsp;&nbsp;06-15-31 | 855000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758740 |
| **Textiles, apparel and luxury goods 0.3%** | **Textiles, apparel and luxury goods 0.3%** | **Textiles, apparel and luxury goods 0.3%** |  |  |
| S&S Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.375 | &nbsp;&nbsp;10-01-31 | 382000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364557 |
| **Consumer staples 2.0%** | **Consumer staples 2.0%** | **Consumer staples 2.0%** |  | &nbsp;&nbsp;**2720609** |
| **Food products 2.0%** | **Food products 2.0%** | **Food products 2.0%** |  |  |
| MARB BondCo PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.950 | &nbsp;&nbsp;01-29-31 | 1882000 | &nbsp;&nbsp;&nbsp;&nbsp;1655935 |
| NBM US Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;08-06-29 | 1061000 | &nbsp;&nbsp;&nbsp;&nbsp;1064674 |
| **Energy 18.5%** | **Energy 18.5%** | **Energy 18.5%** |  | **25292947** |
| **Oil, gas and consumable fuels 18.5%** | **Oil, gas and consumable fuels 18.5%** | **Oil, gas and consumable fuels 18.5%** |  |  |
| Antero Midstream Partners LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.375 | &nbsp;&nbsp;06-15-29 | 781000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773052 |
| Antero Midstream Partners LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;02-01-32 | 877000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895902 |
| Ascent Resources Utica Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.875 | &nbsp;&nbsp;06-30-29 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1494554 |
| Ascent Resources Utica Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;10-15-32 | 244000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245409 |
| Blue Racer Midstream LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;07-15-29 | 122000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126048 |
| Blue Racer Midstream LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;07-15-32 | 563000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583712 |
| Civitas Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.625 | &nbsp;&nbsp;11-01-30 | 507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499988 |
| Energean Israel Finance, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.375 | &nbsp;&nbsp;03-30-28 | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170819 |
| Energean Israel Finance, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-30-31 | 319000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292868 |
| Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (B) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;11-15-26 | 2096000 | &nbsp;&nbsp;&nbsp;&nbsp;2090719 |
| Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B) | &nbsp;&nbsp;&nbsp;&nbsp;7.125 | &nbsp;&nbsp;05-15-30 | 2305000 | &nbsp;&nbsp;&nbsp;&nbsp;2314907 |
| Genesis Energy LP | &nbsp;&nbsp;&nbsp;&nbsp;7.875 | &nbsp;&nbsp;05-15-32 | 575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582299 |
| Genesis Energy LP | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;05-15-33 | 621000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630101 |
| Global Partners LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.250 | &nbsp;&nbsp;01-15-32 | 844000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877365 |
| Hess Midstream Operations LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;02-15-30 | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271643 |
| Hess Midstream Operations LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;10-15-30 | 95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93927 |
| Hess Midstream Operations LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-01-29 | 238000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242971 |
| Howard Midstream Energy Partners LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.375 | &nbsp;&nbsp;07-15-32 | 73000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75547 |
| Leviathan Bond, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-30-27 | 1065000 | &nbsp;&nbsp;&nbsp;&nbsp;1051669 |
| Leviathan Bond, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;06-30-30 | 143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140319 |
| Long Ridge Energy LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.750 | &nbsp;&nbsp;02-15-32 | 803000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809256 |
| Matador Resources Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.250 | &nbsp;&nbsp;04-15-33 | 356000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342912 |
| MC Brazil Downstream Trading SARL (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;06-30-31 | 1275095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997762 |
| Parkland Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;10-01-29 | 945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892380 |
| Parkland Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;08-15-32 | 740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741642 |
| Sunoco LP | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;04-30-30 | 1186000 | &nbsp;&nbsp;&nbsp;&nbsp;1119258 |
| Sunoco LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.250 | &nbsp;&nbsp;07-01-33 | 507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506996 |
| Sunoco LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;05-01-29 | 855000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882414 |
| Sunoco LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;05-01-32 | 679000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705994 |
| Talos Production, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.000 | &nbsp;&nbsp;02-01-29 | 368000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365492 |
| Talos Production, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.375 | &nbsp;&nbsp;02-01-31 | 67000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65874 |
| Venture Global Calcasieu Pass LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;08-15-31 | 372000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336542 |
| Venture Global LNG, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;01-15-30 | 1011000 | &nbsp;&nbsp;&nbsp;&nbsp;1006526 |
| Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-30-29 | 2183000 | &nbsp;&nbsp;&nbsp;&nbsp;2058944 |
| Venture Global LNG, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.500 | &nbsp;&nbsp;02-01-29 | 942000 | &nbsp;&nbsp;&nbsp;&nbsp;1007136 |

---

11 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Financials 11.2%** | **Financials 11.2%** | **Financials 11.2%** |  | **$15335258** |
| **Banks 5.4%** | **Banks 5.4%** | **Banks 5.4%** |  |  |
| Banco Santander SA (9.625% to 11-21-33, then 5 Year CMT + 5.298%) (B) | &nbsp;&nbsp;&nbsp;&nbsp;9.625 | &nbsp;&nbsp;05-21-33 | 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2069622 |
| Barclays PLC (7.625% to 9-15-35, then 5 Year SOFR ICE Swap Rate + 3.686%) (B) | &nbsp;&nbsp;&nbsp;&nbsp;7.625 | &nbsp;&nbsp;03-15-35 | 346000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341811 |
| Barclays PLC (8.000% to 9-15-29, then 5 Year CMT + 5.431%) (B) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;03-15-29 | 1561000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1628067 |
| Fifth Third Bancorp (3 month CME Term SOFR + 3.295%) (B)(C) | &nbsp;&nbsp;&nbsp;&nbsp;7.594 | &nbsp;&nbsp;06-30-25 | 964000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959583 |
| Popular, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;03-13-28 | 1252000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316141 |
| Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;5.375 | &nbsp;&nbsp;11-18-30 | 1150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025910 |
| **Consumer finance 1.0%** | **Consumer finance 1.0%** | **Consumer finance 1.0%** |  |  |
| Enova International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.125 | &nbsp;&nbsp;08-01-29 | 450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462290 |
| OneMain Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9.000 | &nbsp;&nbsp;01-15-29 | 830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869898 |
| **Financial services 0.6%** | **Financial services 0.6%** | **Financial services 0.6%** |  |  |
| Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;06-01-31 | 387000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349686 |
| TrueNoord Capital DAC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.750 | &nbsp;&nbsp;03-01-30 | 528000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547556 |
| **Insurance 3.5%** | **Insurance 3.5%** | **Insurance 3.5%** |  |  |
| AmWINS Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;02-15-29 | 569000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576972 |
| Baldwin Insurance Group Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.125 | &nbsp;&nbsp;05-15-31 | 585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603092 |
| Global Atlantic Financial Company (4.700% to 10-15-26, then 5 Year CMT + 3.796%) (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.700 | &nbsp;&nbsp;10-15-51 | 729000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707124 |
| Global Atlantic Financial Company (7.950% to 10-15-29, then 5 Year CMT + 3.608%) (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.950 | &nbsp;&nbsp;10-15-54 | 606000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621683 |
| Liberty Mutual Group, Inc. (4.125% to 12-15-26, then 5 Year CMT + 3.315%) (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.125 | &nbsp;&nbsp;12-15-51 | 1017000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979121 |
| Panther Escrow Issuer LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.125 | &nbsp;&nbsp;06-01-31 | 1208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249681 |
| **Mortgage real estate investment trusts 0.7%** | **Mortgage real estate investment trusts 0.7%** | **Mortgage real estate investment trusts 0.7%** |  |  |
| Starwood Property Trust, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;04-15-30 | 1030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027021 |
| **Health care 3.1%** | **Health care 3.1%** | **Health care 3.1%** |  | &nbsp;&nbsp;&nbsp;**4167111** |
| **Biotechnology 0.4%** | **Biotechnology 0.4%** | **Biotechnology 0.4%** |  |  |
| Star Parent, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.000 | &nbsp;&nbsp;10-01-30 | 545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563295 |
| **Health care equipment and supplies 0.4%** | **Health care equipment and supplies 0.4%** | **Health care equipment and supplies 0.4%** |  |  |
| Varex Imaging Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.875 | &nbsp;&nbsp;10-15-27 | 487000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484744 |
| **Health care providers and services 0.9%** | **Health care providers and services 0.9%** | **Health care providers and services 0.9%** |  |  |
| DaVita, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;06-01-30 | 818000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764373 |
| Rede D'Or Finance Sarl (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;01-22-30 | 506000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476516 |
| **Pharmaceuticals 1.4%** | **Pharmaceuticals 1.4%** | **Pharmaceuticals 1.4%** |  |  |
| Endo Finance Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.500 | &nbsp;&nbsp;04-15-31 | 969000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002993 |
| Teva Pharmaceutical Finance Netherlands IV BV | &nbsp;&nbsp;&nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-01-30 | 866000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875190 |
| **Industrials 11.9%** | **Industrials 11.9%** | **Industrials 11.9%** |  | &nbsp;&nbsp;**16242010** |
| **Aerospace and defense 0.6%** | **Aerospace and defense 0.6%** | **Aerospace and defense 0.6%** |  |  |
| Efesto Bidco S.p.A Efesto US LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-15-32 | 761000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765962 |
| **Building products 2.3%** | **Building products 2.3%** | **Building products 2.3%** |  |  |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.250 | &nbsp;&nbsp;02-01-32 | 1179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069712 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-32 | 777000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784271 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-01-34 | 996000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992346 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;05-15-35 | 349000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350986 |
| **Commercial services and supplies 2.2%** | **Commercial services and supplies 2.2%** | **Commercial services and supplies 2.2%** |  |  |
| Allied Universal Holdco LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.875 | &nbsp;&nbsp;02-15-31 | 1579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1636427 |
| Ambipar Lux Sarl (A) | &nbsp;&nbsp;10.875 | &nbsp;&nbsp;02-05-33 | 547000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511560 |
| Cimpress PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.375 | &nbsp;&nbsp;09-15-32 | 840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782980 |
| **Construction and engineering 1.3%** | **Construction and engineering 1.3%** | **Construction and engineering 1.3%** |  |  |
| Brundage-Bone Concrete Pumping Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-01-32 | 289000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288494 |
| Global Infrastructure Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.625 | &nbsp;&nbsp;06-01-29 | 984000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960383 |
| Williams Scotsman, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;06-15-29 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530276 |
| **Electrical equipment 0.9%** | **Electrical equipment 0.9%** | **Electrical equipment 0.9%** |  |  |
| EMRLD Borrower LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;12-15-30 | 1158000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169712 |
| **Machinery 0.4%** | **Machinery 0.4%** | **Machinery 0.4%** |  |  |
| JB Poindexter & Company, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.750 | &nbsp;&nbsp;12-15-31 | 580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574974 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 12

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Industrials (continued)** | **Industrials (continued)** | **Industrials (continued)** |  |  |
| **Passenger airlines 2.5%** | **Passenger airlines 2.5%** | **Passenger airlines 2.5%** |  |  |
| Air Canada 2020-1 Class C Pass Through Trust (A) | &nbsp;&nbsp;10.500 | &nbsp;&nbsp;07-15-26 | 1020000 | &nbsp;&nbsp;&nbsp;$1072326 |
| American Airlines 2019-1 Class B Pass Through Trust | &nbsp;&nbsp;&nbsp;&nbsp;3.850 | &nbsp;&nbsp;02-15-28 | 531136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509959 |
| American Airlines, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;02-15-28 | 976000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985756 |
| United Airlines, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;04-15-29 | 908000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862465 |
| **Professional services 0.2%** | **Professional services 0.2%** | **Professional services 0.2%** |  |  |
| TriNet Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;03-01-29 | 364000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336409 |
| **Trading companies and distributors 0.8%** | **Trading companies and distributors 0.8%** | **Trading companies and distributors 0.8%** |  |  |
| BlueLinx Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;11-15-29 | 804000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756403 |
| WESCO Distribution, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-15-33 | 336000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342237 |
| **Transportation infrastructure 0.7%** | **Transportation infrastructure 0.7%** | **Transportation infrastructure 0.7%** |  |  |
| Aeropuertos Dominicanos Siglo XXI SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;06-30-34 | 945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958372 |
| **Information technology 1.6%** | **Information technology 1.6%** | **Information technology 1.6%** |  | &nbsp;&nbsp;**2122270** |
| **IT services 0.5%** | **IT services 0.5%** | **IT services 0.5%** |  |  |
| CoreWeave, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.250 | &nbsp;&nbsp;06-01-30 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324635 |
| Virtusa Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.125 | &nbsp;&nbsp;12-15-28 | 404000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390557 |
| **Software 1.1%** | **Software 1.1%** | **Software 1.1%** |  |  |
| Cloud Software Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.250 | &nbsp;&nbsp;06-30-32 | 507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533096 |
| Consensus Cloud Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;10-15-28 | 346000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343664 |
| Rocket Software, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.000 | &nbsp;&nbsp;11-28-28 | 514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530318 |
| **Materials 7.8%** | **Materials 7.8%** | **Materials 7.8%** |  | **10691655** |
| **Chemicals 1.4%** | **Chemicals 1.4%** | **Chemicals 1.4%** |  |  |
| Braskem Netherlands Finance BV (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;01-31-30 | 1540000 | &nbsp;&nbsp;&nbsp;&nbsp;1262829 |
| Sasol Financing USA LLC | &nbsp;&nbsp;&nbsp;&nbsp;5.500 | &nbsp;&nbsp;03-18-31 | 729000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597530 |
| **Construction materials 0.5%** | **Construction materials 0.5%** | **Construction materials 0.5%** |  |  |
| Quikrete Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.375 | &nbsp;&nbsp;03-01-32 | 703000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714358 |
| **Containers and packaging 1.8%** | **Containers and packaging 1.8%** | **Containers and packaging 1.8%** |  |  |
| Clydesdale Acquisition Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.875 | &nbsp;&nbsp;01-15-30 | 877000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889322 |
| Graphic Packaging International LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;03-01-29 | 699000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647073 |
| Toucan FinCo, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9.500 | &nbsp;&nbsp;05-15-30 | 948000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942392 |
| **Metals and mining 3.1%** | **Metals and mining 3.1%** | **Metals and mining 3.1%** |  |  |
| Alcoa Nederland Holding BV (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.125 | &nbsp;&nbsp;03-15-31 | 311000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322866 |
| Aris Mining Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;10-31-29 | 764000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775660 |
| Arsenal AIC Parent LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;10-01-30 | 366000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384347 |
| Capstone Copper Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;03-31-33 | 259000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258952 |
| CSN Resources SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.625 | &nbsp;&nbsp;06-10-31 | 1036000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797356 |
| First Quantum Minerals, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8.625 | &nbsp;&nbsp;06-01-31 | 290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294709 |
| Novelis Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.750 | &nbsp;&nbsp;01-30-30 | 1289000 | &nbsp;&nbsp;&nbsp;&nbsp;1225368 |
| Novelis Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.875 | &nbsp;&nbsp;01-30-30 | 217000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223778 |
| **Paper and forest products 1.0%** | **Paper and forest products 1.0%** | **Paper and forest products 1.0%** |  |  |
| Magnera Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;11-15-31 | 1481000 | &nbsp;&nbsp;&nbsp;&nbsp;1355115 |
| **Real estate 2.3%** | **Real estate 2.3%** | **Real estate 2.3%** |  | &nbsp;&nbsp;**3083567** |
| **Hotel and resort REITs 0.5%** | **Hotel and resort REITs 0.5%** | **Hotel and resort REITs 0.5%** |  |  |
| RHP Hotel Properties LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-15-33 | 179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182046 |
| XHR LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-15-30 | 517000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518102 |
| **Specialized REITs 1.8%** | **Specialized REITs 1.8%** | **Specialized REITs 1.8%** |  |  |
| Iron Mountain Information Management Services, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-15-32 | 216000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204337 |
| Iron Mountain, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-15-30 | 1010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985570 |
| Iron Mountain, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.250 | &nbsp;&nbsp;01-15-33 | 664000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670236 |
| Uniti Group LP (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;02-15-29 | 555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523276 |

---

13 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Utilities 8.9%** | **Utilities 8.9%** | **Utilities 8.9%** |  | **$12092496** |
| **Electric utilities 6.1%** | **Electric utilities 6.1%** | **Electric utilities 6.1%** |  |  |
| Electricite de France SA (9.125% to 6-15-33, then 5 Year CMT + 5.411%) (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;9.125 | &nbsp;&nbsp;03-15-33 | 1317000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486403 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.625 | &nbsp;&nbsp;02-15-31 | 690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625698 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3.875 | &nbsp;&nbsp;02-15-32 | 1348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1218411 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5.750 | &nbsp;&nbsp;07-15-29 | 765000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756760 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;02-01-33 | 1112000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1101933 |
| NRG Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.250 | &nbsp;&nbsp;11-01-34 | 533000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533181 |
| NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (A)(B) | &nbsp;&nbsp;10.250 | &nbsp;&nbsp;03-15-28 | 1195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315771 |
| PG&E Corp. (7.375% to 3-15-30, then 5 Year CMT + 3.883%) | &nbsp;&nbsp;&nbsp;&nbsp;7.375 | &nbsp;&nbsp;03-15-55 | 1342000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1314107 |
| **Gas utilities 0.7%** | **Gas utilities 0.7%** | **Gas utilities 0.7%** |  |  |
| AltaGas, Ltd. (7.200% to 10-15-34, then 5 Year CMT + 3.573%) (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.200 | &nbsp;&nbsp;10-15-54 | 913000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892948 |
| **Independent power and renewable electricity producers 2.1%** | **Independent power and renewable electricity producers 2.1%** | **Independent power and renewable electricity producers 2.1%** |  |  |
| AES Panama Generation Holdings SRL (A) | &nbsp;&nbsp;&nbsp;&nbsp;4.375 | &nbsp;&nbsp;05-31-30 | 879899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775939 |
| Alpha Generation LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.750 | &nbsp;&nbsp;10-15-32 | 453000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461866 |
| Lightning Power LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;7.250 | &nbsp;&nbsp;08-15-32 | 602000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631170 |
| Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;8.000 | &nbsp;&nbsp;10-15-26 | 269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276078 |
| Vistra Operations Company LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;6.875 | &nbsp;&nbsp;04-15-32 | 675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702231 |
| **Term loans (D) 2.5%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$3468434** |
| (Cost $3,514,838) |  |  |  |  |
| **Financials 0.6%** | **Financials 0.6%** | **Financials 0.6%** | **Financials 0.6%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836668 |
| **Insurance 0.6%** | **Insurance 0.6%** | **Insurance 0.6%** | **Insurance 0.6%** | **Insurance 0.6%** |
| AmWINS Group, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;&nbsp;&nbsp;6.577 | &nbsp;&nbsp;01-30-32 | 837900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836668 |
| **Health care 0.2%** | **Health care 0.2%** | **Health care 0.2%** | **Health care 0.2%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253366 |
| **Pharmaceuticals 0.2%** | **Pharmaceuticals 0.2%** | **Pharmaceuticals 0.2%** | **Pharmaceuticals 0.2%** | **Pharmaceuticals 0.2%** |
| Endo Finance Holdings, Inc., 2024 1st Lien Term Loan (1 month CME Term SOFR + 4.000%) | &nbsp;&nbsp;&nbsp;&nbsp;8.327 | &nbsp;&nbsp;04-23-31 | 259695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253366 |
| **Industrials 1.3%** | **Industrials 1.3%** | **Industrials 1.3%** | **Industrials 1.3%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1739610 |
| **Commercial services and supplies 0.4%** | **Commercial services and supplies 0.4%** | **Commercial services and supplies 0.4%** | **Commercial services and supplies 0.4%** | **Commercial services and supplies 0.4%** |
| GFL Environmental, Inc., 2025 Term Loan B (3 month CME Term SOFR + 2.500%) | &nbsp;&nbsp;&nbsp;&nbsp;6.819 | &nbsp;&nbsp;02-04-32 | 523000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520223 |
| **Trading companies and distributors 0.9%** | **Trading companies and distributors 0.9%** | **Trading companies and distributors 0.9%** | **Trading companies and distributors 0.9%** | **Trading companies and distributors 0.9%** |
| Gloves Buyer, Inc., 2025 Term Loan (1 month CME Term SOFR + 4.000%) | &nbsp;&nbsp;&nbsp;&nbsp;8.330 | &nbsp;&nbsp;01-17-32 | 1261000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1219387 |
| **Materials 0.4%** | **Materials 0.4%** | **Materials 0.4%** | **Materials 0.4%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638790 |
| **Construction materials 0.4%** | **Construction materials 0.4%** | **Construction materials 0.4%** | **Construction materials 0.4%** | **Construction materials 0.4%** |
| Quikrete Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) | &nbsp;&nbsp;&nbsp;&nbsp;6.577 | &nbsp;&nbsp;02-10-32 | 642000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638790 |
| **Asset-backed securities 0.3%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$382390** |
| (Cost $394,787) |  |  |  |  |
| **Asset-backed securities 0.3%** | **Asset-backed securities 0.3%** | **Asset-backed securities 0.3%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**382390** |
| Diamond Infrastructure Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-15-49 | &nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35693 |
| Frontier Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1, Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-20-54 | &nbsp;&nbsp;&nbsp;&nbsp;312000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346697 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common stocks 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$7423** |
| (Cost $75,362) |  |  |
| **Energy 0.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**7423** |
| **Oil, gas and consumable fuels 0.0%** |  |  |
| Altera Infrastructure LP (E) | 297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7423 |
| **Preferred securities 0.3%** |  | &nbsp;&nbsp;**$357948** |
| (Cost $378,961) |  |  |
| **Communication services 0.1%** |  | &nbsp;&nbsp;&nbsp;**73948** |
| **Wireless telecommunication services 0.1%** |  |  |
| Telephone & Data Systems, Inc., 6.625% | &nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;73948 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 14

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Financials 0.2%** |  | **$284000** |
| **Banks 0.2%** |  |  |
| Wells Fargo & Company, 7.500% | &nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;284000 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 2.1%** |  |  | &nbsp;&nbsp;**$2878706** |
| (Cost $2,878,680) |  |  |  |
| **Short-term funds 2.1%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**2878706** |
| John Hancock Collateral Trust (F) | &nbsp;&nbsp;4.2439(G) | 287796 | &nbsp;&nbsp;&nbsp;2878706 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $136,610,855) 99.3%** | **$135340635** |
| **Other assets and liabilities, net 0.7%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**981495** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$136322130** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. |
| ^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 |
| ICE | Intercontinental Exchange |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $105,557,854 or 77.4% of the portfolio's net assets as of 5-31-25. |
| (B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (D) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (E) | Non-income producing security. |
| (F) | The rate shown is the annualized seven-day yield as of 5-31-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

The portfolio had the following country composition as a percentage of net assets on 5-31-25:

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;&nbsp;&nbsp;73.9% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;6.0% |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;4.1% |
| France | &nbsp;&nbsp;&nbsp;&nbsp;2.8% |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;1.8% |
| Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;1.8% |
| Ireland | &nbsp;&nbsp;&nbsp;&nbsp;1.5% |
| Spain | &nbsp;&nbsp;&nbsp;&nbsp;1.5% |
| Brazil | &nbsp;&nbsp;&nbsp;&nbsp;1.4% |
| Israel | &nbsp;&nbsp;&nbsp;&nbsp;1.2% |
| Other countries | &nbsp;&nbsp;&nbsp;&nbsp;4.0% |
| **TOTAL** | **100.0%** |

---

#### MANAGED ACCOUNT SHARES NON-INVESTMENT-GRADE MUNICIPAL BOND PORTFOLIO

------

#### As of 5-31-25

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Municipal bonds 97.8%** |  |  |  | &nbsp;&nbsp;**$19219324** |
| (Cost $19,728,485) |  |  |  |  |
| **Alaska 1.1%** |  |  |  | &nbsp;&nbsp;**207966** |
| Northern Tobacco Securitization Corp.<br> Alaska Tobacco Settlement, Senior Class 1, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-50 | 250000 | &nbsp;&nbsp;207966 |
| **Arizona 4.9%** |  |  |  | &nbsp;&nbsp;**970400** |
| Glendale Industrial Development Authority<br> Royal Oaks Life Care Community | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-39 | 345000 | &nbsp;&nbsp;325505 |
| Industrial Development Authority of the City of Phoenix<br> Legacy Traditional Schools Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-41 | 250000 | &nbsp;&nbsp;241424 |
| Maricopa County Industrial Development Authority<br> Arizona Autism Charter Schools, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-51 | 350000 | &nbsp;&nbsp;265920 |

---

15 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Arizona (continued)** |  |  |  |  |
| Sierra Vista Industrial Development Authority<br> Champion Schools Project (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-64 | 135000 | &nbsp;&nbsp;$137551 |
| **California 7.3%** |  |  |  | &nbsp;&nbsp;**1425652** |
| California Community Housing Agency<br> Exchange at Bayfront Apartments, Series A-1 (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-01-57 | 100000 | &nbsp;&nbsp;62639 |
| California Infrastructure & Economic Development Bank<br> Brightline West Passenger Project, Series A, AMT (A) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;01-01-65 | 250000 | &nbsp;&nbsp;242169 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-64 | 100000 | &nbsp;&nbsp;104315 |
| California School Finance Authority<br> Sonoma County Junior College Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-31 | 250000 | &nbsp;&nbsp;244947 |
| CSCDA Community Improvement Authority<br> Orange City Portfolio, Series A-2 (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-01-57 | 300000 | &nbsp;&nbsp;189411 |
| CSCDA Community Improvement Authority<br> Parallel Apartments Anaheim, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-56 | 250000 | &nbsp;&nbsp;210183 |
| CSCDA Community Improvement Authority<br> Pasadena Portfolio, Series A-2 (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;12-01-56 | 200000 | &nbsp;&nbsp;129795 |
| Golden State Tobacco Securitization Corp.<br> Series B-2 (B) | &nbsp;&nbsp;5.513 | &nbsp;&nbsp;06-01-66 | 1000000 | &nbsp;&nbsp;107273 |
| Inland Empire Tobacco Securitization Corp.<br> Series C-1 (B) | &nbsp;&nbsp;7.420 | &nbsp;&nbsp;06-01-36 | 300000 | &nbsp;&nbsp;134920 |
| **Colorado 5.5%** |  |  |  | &nbsp;&nbsp;**1086563** |
| Aerotropolis Regional Transportation Authority<br> Special Revenue (A) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;12-01-54 | 500000 | &nbsp;&nbsp;501573 |
| Colorado Health Facilities Authority<br> CommonSpirit Health, Series A-1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-44 | 250000 | &nbsp;&nbsp;216748 |
| Creekwalk Marketplace Business Improvement District<br> Series A | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;12-01-54 | 125000 | &nbsp;&nbsp;115495 |
| Fiddler's Business Improvement District<br> Greenwood Village, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-32 | 250000 | &nbsp;&nbsp;252747 |
| **Connecticut 1.6%** |  |  |  | &nbsp;&nbsp;**321829** |
| Harbor Point Infrastructure Improvement District<br> Harbor Point Project (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-39 | 300000 | &nbsp;&nbsp;300475 |
| Town of Hamden<br> Whitney Center Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-50 | 25000 | &nbsp;&nbsp;21354 |
| **Florida 15.4%** |  |  |  | &nbsp;&nbsp;**3022245** |
| Cabot Citrus Farms<br> Community Development District | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;03-01-29 | 200000 | &nbsp;&nbsp;201189 |
| Charlotte County Industrial Development Authority<br> Town and Country Utilities Project, Series A, AMT (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-51 | 300000 | &nbsp;&nbsp;234614 |
| City of Pompano Beach<br> John Knox Village Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-56 | 135000 | &nbsp;&nbsp;101643 |
| City of Venice<br> Village on the Isle Project, Series A (A) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;01-01-60 | 100000 | &nbsp;&nbsp;94382 |
| County of Lake<br> Imagine South Lake Charter School Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-54 | 235000 | &nbsp;&nbsp;200530 |
| Escambia County Health Facilities Authority<br> Baptist Health Care Corp. Health Facilities, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-50 | 310000 | &nbsp;&nbsp;251537 |
| Florida Development Finance Corp.<br> Waste Pro USA, Inc. Project, AMT | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-32 | 250000 | &nbsp;&nbsp;223461 |
| Florida Higher Educational Facilities Financial Authority<br> Jacksonville University, Series A-1 (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-48 | 250000 | &nbsp;&nbsp;211454 |
| Middleton Community Development District A<br> Special Assessment Revenue | &nbsp;&nbsp;5.450 | &nbsp;&nbsp;05-01-32 | 240000 | &nbsp;&nbsp;254012 |
| Palm Beach County Health Facilities Authority<br> Jupiter Medical Center Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-31 | 250000 | &nbsp;&nbsp;265511 |
| Palm Beach County Health Facilities Authority<br> Toby & Leon Cooperman Sinai Residences | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-55 | 250000 | &nbsp;&nbsp;225237 |
| Polk County Industrial Development Authority<br> Mineral Development LLC, AMT (A)(C) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;01-01-33 | 250000 | &nbsp;&nbsp;145000 |
| Shingle Creek at Bronson Community Development District<br> Florida Special Assessment | &nbsp;&nbsp;3.100 | &nbsp;&nbsp;06-15-31 | 250000 | &nbsp;&nbsp;239937 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 16

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Florida (continued)** |  |  |  |  |
| St. Johns County Industrial Development Authority<br> Vicar's Landing Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-15-50 | 300000 | &nbsp;&nbsp;$215676 |
| Village Community Development District<br> CDD No. 12 | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;05-01-43 | 175000 | &nbsp;&nbsp;158062 |
| **Georgia 0.9%** |  |  |  | &nbsp;&nbsp;**170011** |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-38 | 20000 | &nbsp;&nbsp;19281 |
| Augusta Development Authority<br> AU Health System, Inc. Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-33 | 145000 | &nbsp;&nbsp;150730 |
| **Idaho 0.5%** |  |  |  | &nbsp;&nbsp;**96609** |
| Avimor Community Infrastructure District No. 1<br> Assessment Area 6, Series B (A) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;09-01-53 | 100000 | &nbsp;&nbsp;96609 |
| **Illinois 6.7%** |  |  |  | &nbsp;&nbsp;**1318640** |
| Chicago Board of Education<br> Capital Improvement | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-38 | 375000 | &nbsp;&nbsp;389175 |
| Illinois Finance Authority<br> Clark-Lindsey Village, Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-01-57 | 115000 | &nbsp;&nbsp;94804 |
| Illinois Finance Authority<br> DePaul College Prep Foundation, Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-38 | 250000 | &nbsp;&nbsp;259365 |
| Illinois Finance Authority<br> Navy Pier, Inc., Series B (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-49 | 100000 | &nbsp;&nbsp;91778 |
| Village of Lincolnwood<br> Certificates of Participation, District 1860 Development Project, Series A (A) | &nbsp;&nbsp;4.820 | &nbsp;&nbsp;01-01-41 | 250000 | &nbsp;&nbsp;237632 |
| Village of Morton Grove Tax Increment Revenue<br> Samwill Station Redevelopment Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-39 | 260000 | &nbsp;&nbsp;245886 |
| **Indiana 0.3%** |  |  |  | &nbsp;&nbsp;**58835** |
| Indiana Finance Authority<br> Polyflow Industry Project, AMT (A)(C) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;03-01-39 | 180000 | &nbsp;&nbsp;27717 |
| Indianapolis Local Public Improvement Bond Bank<br> Convention Center Hotel, Series E | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;03-01-57 | 30000 | &nbsp;&nbsp;31118 |
| **Iowa 1.0%** |  |  |  | &nbsp;&nbsp;**195644** |
| Iowa Finance Authority<br> Alcoa, Inc. Project | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;08-01-42 | 205000 | &nbsp;&nbsp;195644 |
| **Kansas 1.1%** |  |  |  | &nbsp;&nbsp;**211946** |
| Wyandotte County-Kansas City Unified Government<br> Legends Apartments Garage & West Lawn Project | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;06-01-40 | 225000 | &nbsp;&nbsp;211946 |
| **Kentucky 1.2%** |  |  |  | &nbsp;&nbsp;**228972** |
| City of Henderson<br> Pratt Paper LLC Project, Series B, AMT (A) | &nbsp;&nbsp;4.450 | &nbsp;&nbsp;01-01-42 | 250000 | &nbsp;&nbsp;228972 |
| **Louisiana 1.2%** |  |  |  | &nbsp;&nbsp;**233993** |
| Louisiana Local Government Environmental Facilities & Community Development Authority<br> Downsville Community Charter School Project (A) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-53 | 240000 | &nbsp;&nbsp;233993 |
| **Maryland 1.2%** |  |  |  | &nbsp;&nbsp;**233492** |
| City of Rockville<br> Ingleside at King Farm Project, Series B | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;11-01-43 | 15000 | &nbsp;&nbsp;12825 |
| County of Howard<br> Downtown Columbia Project, Series A (A) | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;02-15-47 | 250000 | &nbsp;&nbsp;220667 |
| **Massachusetts 1.9%** |  |  |  | &nbsp;&nbsp;**378714** |
| Massachusetts Development Finance Agency<br> Gingercare Living Issue, Series A (A) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;12-01-60 | 150000 | &nbsp;&nbsp;136828 |
| Massachusetts Development Finance Agency<br> Merrimack College | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 250000 | &nbsp;&nbsp;241886 |
| **Michigan 1.7%** |  |  |  | &nbsp;&nbsp;**322971** |
| City of Detroit, GO | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;04-01-32 | 300000 | &nbsp;&nbsp;322971 |

---

17 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Missouri 2.2%** |  |  |  | &nbsp;&nbsp;**$440904** |
| Lee's Summit Industrial Development Authority<br> John Knox Village Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-32 | 250000 | &nbsp;&nbsp;250809 |
| Taney County Industrial Development Authority<br> Big Cedar Infrastructure Project (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;10-01-49 | 200000 | &nbsp;&nbsp;190095 |
| **New Hampshire 1.0%** |  |  |  | &nbsp;&nbsp;**203904** |
| New Hampshire Business Finance Authority<br> Covanta Resources Recovery, Series B, AMT (A) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;07-01-45 | 250000 | &nbsp;&nbsp;203904 |
| **New York 4.0%** |  |  |  | &nbsp;&nbsp;**785105** |
| City of Ithaca, GO | &nbsp;&nbsp;2.000 | &nbsp;&nbsp;02-15-42 | 280000 | &nbsp;&nbsp;164337 |
| New York Liberty Development Corp.<br> World Trade Center, Class 2-3 (A) | &nbsp;&nbsp;5.150 | &nbsp;&nbsp;11-15-34 | 250000 | &nbsp;&nbsp;250045 |
| New York Transportation Development Corp.<br> American Airlines, Inc., John F. Kennedy International Airport, AMT | &nbsp;&nbsp;2.250 | &nbsp;&nbsp;08-01-26 | 130000 | &nbsp;&nbsp;127722 |
| New York Transportation Development Corp.<br> Laguardia Airport Terminal B, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-33 | 250000 | &nbsp;&nbsp;243001 |
| **Ohio 2.8%** |  |  |  | &nbsp;&nbsp;**555305** |
| Buckeye Tobacco Settlement Financing Authority<br> Series A-2, Class 1 | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-48 | 250000 | &nbsp;&nbsp;174328 |
| Buckeye Tobacco Settlement Financing Authority<br> Series B-2, Class 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-55 | 170000 | &nbsp;&nbsp;147092 |
| Ohio Air Quality Development Authority<br> Ohio Valley Electric Corp. Project, Series B, AMT | &nbsp;&nbsp;2.600 | &nbsp;&nbsp;06-01-41 | 250000 | &nbsp;&nbsp;233885 |
| **Oklahoma 1.0%** |  |  |  | &nbsp;&nbsp;**200179** |
| Oklahoma Development Finance Authority<br> OU Medicine Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-25 | 200000 | &nbsp;&nbsp;200179 |
| **Oregon 0.5%** |  |  |  | &nbsp;&nbsp;**97469** |
| Oregon State Facilities Authority<br> Redmond Proficiency Academy Project, Series A (A) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;06-15-55 | 100000 | &nbsp;&nbsp;97469 |
| **Pennsylvania 2.7%** |  |  |  | &nbsp;&nbsp;**527043** |
| Beaver County Industrial Development Authority<br> FirstEnergy Generation Project, Series B | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;10-01-47 | 385000 | &nbsp;&nbsp;305822 |
| Philadelphia Authority for Industrial Development<br> Philadelphia E&T Charter High School, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-56 | 300000 | &nbsp;&nbsp;221221 |
| **Puerto Rico 2.4%** |  |  |  | &nbsp;&nbsp;**472144** |
| Puerto Rico Commonwealth<br> CW Guarantee Bond Claims, GO (B) | &nbsp;&nbsp;2.771 | &nbsp;&nbsp;11-01-43 | 290000 | &nbsp;&nbsp;174000 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-2 | &nbsp;&nbsp;4.329 | &nbsp;&nbsp;07-01-40 | 320000 | &nbsp;&nbsp;298144 |
| **South Carolina 1.6%** |  |  |  | &nbsp;&nbsp;**315448** |
| Patriots Energy Group Financing Agency<br> Series A-1 | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;10-01-54 | 250000 | &nbsp;&nbsp;263168 |
| South Carolina Jobs-Economic Development Authority<br> Episcopal Home at Still Hopes, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-38 | 15000 | &nbsp;&nbsp;14780 |
| South Carolina Jobs-Economic Development Authority<br> Last Step Recycling Project, Series A, AMT (A)(C) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-01-51 | 250000 | &nbsp;&nbsp;37500 |
| **Texas 10.0%** |  |  |  | &nbsp;&nbsp;**1971966** |
| Arlington Higher Education Finance Corp.<br> Wayside Schools, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-25 | 205000 | &nbsp;&nbsp;205058 |
| Brazoria County Industrial Development Corp.<br> Aleon Renewable Metals LLC Project, AMT (A) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;06-01-42 | 100000 | &nbsp;&nbsp;85000 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-41 | 250000 | &nbsp;&nbsp;216527 |
| City of Houston Airport System Revenue<br> United Airlines, Inc. Terminal Project, Series B, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-15-38 | 150000 | &nbsp;&nbsp;154210 |
| Decatur Hospital Authority<br> Wise Health System | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-31 | 200000 | &nbsp;&nbsp;217476 |
| Houston Higher Education Finance Corp.<br> Houston Christian University Project | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;10-01-51 | 200000 | &nbsp;&nbsp;186127 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 18

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Texas (continued)** |  |  |  |  |
| New Hope Cultural Education Facilities Finance Corp.<br> Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;10-01-35 | 150000 | &nbsp;&nbsp;$149081 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series A, AMT (A) | &nbsp;&nbsp;3.625 | &nbsp;&nbsp;01-01-35 | 130000 | &nbsp;&nbsp;117664 |
| Port of Beaumont Navigation District<br> Jefferson Gulf Coast Energy Project, Series A, AMT (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-50 | 250000 | &nbsp;&nbsp;193772 |
| Texas Private Activity Bond Surface Transportation Corp.<br> Segment 3C Project, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-30-58 | 250000 | &nbsp;&nbsp;237845 |
| Texas Transportation Commission State Highway 249 System<br> State Highway Toll, First Tier | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-57 | 210000 | &nbsp;&nbsp;209206 |
| **Utah 3.8%** |  |  |  | &nbsp;&nbsp;**740053** |
| Mida Mountain Village Public Infrastructure District<br> Series 2 (A) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;06-15-54 | 500000 | &nbsp;&nbsp;502010 |
| Utah Infrastructure Agency<br> Telecommunication Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-15-35 | 250000 | &nbsp;&nbsp;238043 |
| **Vermont 1.3%** |  |  |  | &nbsp;&nbsp;**255955** |
| Vermont Economic Development Authority<br> Wake Robin Corp. Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-45 | 315000 | &nbsp;&nbsp;255955 |
| **Virginia 2.4%** |  |  |  | &nbsp;&nbsp;**478831** |
| Virginia Small Business Financing Authority<br> 95 Express Lanes LLC Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-01-39 | 300000 | &nbsp;&nbsp;275650 |
| Virginia Small Business Financing Authority<br> Transform 66 P3 Project, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-31-56 | 220000 | &nbsp;&nbsp;203181 |
| **Wisconsin 8.6%** |  |  |  | &nbsp;&nbsp;**1690536** |
| Public Finance Authority<br> A Challenge Foundation Academy (A) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;07-01-53 | 250000 | &nbsp;&nbsp;253318 |
| Public Finance Authority<br> Air Cargo Facilities Project, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-38 | 250000 | &nbsp;&nbsp;260550 |
| Public Finance Authority<br> Cincinnati Classical Academy, Series A (A) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;06-15-54 | 100000 | &nbsp;&nbsp;93948 |
| Public Finance Authority<br> College Achieve Paterson Charter School (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-15-42 | 260000 | &nbsp;&nbsp;216787 |
| Public Finance Authority<br> Cornerstone Charter Academy Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-54 | 150000 | &nbsp;&nbsp;139247 |
| Public Finance Authority<br> Million Air Three LLC General Aviation Facilities Project, Series A, AMT (A) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;09-01-46 | 300000 | &nbsp;&nbsp;303623 |
| Public Finance Authority<br> Shining Rock Classical Academy | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;06-15-52 | 100000 | &nbsp;&nbsp;92482 |
| Public Finance Authority<br> Two Step Project (A)(B) | &nbsp;&nbsp;6.106 | &nbsp;&nbsp;12-15-34 | 200000 | &nbsp;&nbsp;112677 |
| Public Finance Authority<br> Viticus Group Project, Series A (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;12-01-51 | 100000 | &nbsp;&nbsp;76308 |
| Wisconsin Health & Educational Facilities Authority<br> Chiara Housing and Services, Inc. Project | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;07-01-60 | 150000 | &nbsp;&nbsp;141596 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 1.1%** |  |  | **$226221** |
| (Cost $226,216) |  |  |  |
| **Short-term funds 1.1%** |  |  |  |
| John Hancock Collateral Trust (D) | &nbsp;&nbsp;4.2439(E) | 22616 | &nbsp;&nbsp;226221 |
| **Total investments (Cost $19,954,701) 98.9%** | **Total investments (Cost $19,954,701) 98.9%** |  | **$19445545** |
| **Other assets and liabilities, net 1.1%** |  |  | &nbsp;&nbsp;**215426** |
| **Total net assets 100.0%** |  |  | &nbsp;&nbsp;**$19660971** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| AMT | Interest earned from these securities may be considered a tax preference item for purpose of the Federal Alternative Minimum Tax. |
| GO | General Obligation |

---

19 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from
registration. Rule 144A securities amounted to $8,036,810 or 40.9% of the fund's net assets as of 5-31-25.

(B) Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.

(C) Non-income producing - Issuer is in default.

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

(E) The rate shown is the annualized seven-day yield as of 5-31-25.

The fund had the following portfolio composition as a percentage of net assets on 5-31-25:

---

| | |
|:---|:---|
| **General obligation bonds** | &nbsp;&nbsp;&nbsp;&nbsp;**4.7%** |
| **Revenue bonds** | &nbsp;&nbsp;&nbsp;**93.1%** |
| Development | &nbsp;&nbsp;&nbsp;&nbsp;21.7% |
| Education | &nbsp;&nbsp;&nbsp;&nbsp;19.1% |
| Health care | &nbsp;&nbsp;&nbsp;&nbsp;17.4% |
| Other revenue | &nbsp;&nbsp;&nbsp;&nbsp;15.7% |
| Airport | &nbsp;&nbsp;&nbsp;&nbsp;4.8% |
| Transportation | &nbsp;&nbsp;&nbsp;&nbsp;4.7% |
| Housing | &nbsp;&nbsp;&nbsp;&nbsp;4.4% |
| Tobacco | &nbsp;&nbsp;&nbsp;&nbsp;3.9% |
| Water and sewer | &nbsp;&nbsp;&nbsp;&nbsp;1.2% |
| Pollution | &nbsp;&nbsp;&nbsp;&nbsp;0.2% |
| **Short-term investments and other** | &nbsp;&nbsp;&nbsp;&nbsp;**2.2%** |
| **TOTAL** | **100.0%** |

---

#### MANAGED ACCOUNT SHARES SECURITIZED DEBT PORTFOLIO

------

#### As of 5-31-25

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Collateralized mortgage obligations 37.7%** | **Collateralized mortgage obligations 37.7%** |  |  | **$77557261** |
| (Cost $77,504,115) |  |  |  |  |
| **Commercial and residential 29.9%** | **Commercial and residential 29.9%** | **Commercial and residential 29.9%** |  | &nbsp;&nbsp;**61599988** |
| Angel Oak Mortgage Trust LLC | Angel Oak Mortgage Trust LLC | Angel Oak Mortgage Trust LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-4, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-20-65 | &nbsp;&nbsp;&nbsp;&nbsp;1127652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-5, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-6, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492979 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-26-68 | &nbsp;&nbsp;&nbsp;&nbsp;1777683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1751820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5, Class A1 (4.950% to 4-1-28, then 5.950% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-68 | &nbsp;&nbsp;&nbsp;&nbsp;1234900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221955 |
| Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1R, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100894 |
| BAHA Trust | BAHA Trust | BAHA Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-MAR, Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-10-41 | &nbsp;&nbsp;&nbsp;&nbsp;2496000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2555111 |
| BANK | BANK | BANK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5YR7, Class A3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-15-57 | &nbsp;&nbsp;&nbsp;&nbsp;1015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1047499 |
| BBCMS Mortgage Trust | BBCMS Mortgage Trust | BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C6, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5C29, Class A3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-57 | &nbsp;&nbsp;&nbsp;&nbsp;2470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5C31, Class A3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-15-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011564 |
| Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B10, Class A4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B12, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-V12, Class A3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-15-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751069 |
| BMO Mortgage Trust | BMO Mortgage Trust | BMO Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5C8, Class A3 (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-15-57 | &nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029786 |
| BRAVO Residential Funding Trust | BRAVO Residential Funding Trust | BRAVO Residential Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294257 |
| BX Trust | BX Trust | BX Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-OC11, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-09-41 | &nbsp;&nbsp;&nbsp;&nbsp;1172000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1084187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-MFM1, Class D (1 month CME Term SOFR + 1.614%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-15-34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-CLS, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-13-27 | &nbsp;&nbsp;&nbsp;&nbsp;1933000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1948100 |
| BXHPP Trust | BXHPP Trust | BXHPP Trust |  |  |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 20

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Commercial and residential (continued)** | **Commercial and residential (continued)** | **Commercial and residential (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FILM, Class C (1 month CME Term SOFR + 1.214%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-36 | &nbsp;&nbsp;&nbsp;&nbsp;1409000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1282950 |
| Cantor Commercial Real Estate Lending | Cantor Commercial Real Estate Lending | Cantor Commercial Real Estate Lending |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-CF1, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259774 |
| CFK Trust | CFK Trust | CFK Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-MF2, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495999 |
| Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-P4, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-10-49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GC46, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-SMRT, Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-12-40 | &nbsp;&nbsp;&nbsp;&nbsp;1670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1712955 |
| COLT Mortgage Loan Trust | COLT Mortgage Loan Trust | COLT Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-27-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HX1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-2, Class A1 (2.994% to 2-1-26, then 3.994% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429247 |
| COLT Mortgage Pass-Through Trust | COLT Mortgage Pass-Through Trust | COLT Mortgage Pass-Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1R, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16652 |
| COLT Trust | COLT Trust | COLT Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-RPL1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;2285776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947065 |
| Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-CX, Class D (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-10-46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680213 |
| Credit Suisse Mortgage Capital Certificates | Credit Suisse Mortgage Capital Certificates | Credit Suisse Mortgage Capital Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-NET, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-AFC1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-56 | &nbsp;&nbsp;&nbsp;&nbsp;1008161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM6, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RPL2, Class A1A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-60 | &nbsp;&nbsp;&nbsp;&nbsp;1186159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993030 |
| DBJPM Mortgage Trust | DBJPM Mortgage Trust | DBJPM Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C9, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424287 |
| Deephaven Residential Mortgage Trust | Deephaven Residential Mortgage Trust | Deephaven Residential Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294738 |
| Ellington Financial Mortgage Trust | Ellington Financial Mortgage Trust | Ellington Financial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-25-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;1210117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998923 |
| Flagstar Mortgage Trust | Flagstar Mortgage Trust | Flagstar Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A2 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792410 |
| GCAT Trust | GCAT Trust | GCAT Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-NQM2, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM6, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84108 |
| GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-27-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-61 | &nbsp;&nbsp;&nbsp;&nbsp;1043009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930525 |
| Hudson Yards Mortgage Trust | Hudson Yards Mortgage Trust | Hudson Yards Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SPRL, Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-13-40 | &nbsp;&nbsp;&nbsp;&nbsp;1463000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1492476 |
| Imperial Fund Mortgage Trust | Imperial Fund Mortgage Trust | Imperial Fund Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290219 |
| JPMorgan Chase Commercial Mortgage Securities Trust | JPMorgan Chase Commercial Mortgage Securities Trust | JPMorgan Chase Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-NNN, Class AFX (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-16-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301782 |
| MFA Trust | MFA Trust | MFA Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522197 |
| New Residential Mortgage Loan Trust | New Residential Mortgage Loan Trust | New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A1B (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68115 |
| NMLT Trust | NMLT Trust | NMLT Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863760 |
| NXPT Commercial Mortgage Trust | NXPT Commercial Mortgage Trust | NXPT Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-STOR, Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-05-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723000 |
| NYMT Loan Trust | NYMT Loan Trust | NYMT Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-CP1, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790368 |
| OBX Trust | OBX Trust | OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403640 |

---

21 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Commercial and residential (continued)** | **Commercial and residential (continued)** | **Commercial and residential (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-61 | &nbsp;&nbsp;&nbsp;&nbsp;1012600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$819192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-61 | &nbsp;&nbsp;&nbsp;&nbsp;1087518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879420 |
| ROCK Trust | ROCK Trust | ROCK Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-13-41 | &nbsp;&nbsp;&nbsp;&nbsp;1981000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class D (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-13-41 | &nbsp;&nbsp;&nbsp;&nbsp;1926000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989514 |
| SLG Office Trust | SLG Office Trust | SLG Office Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-OVA, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;1140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-OVA, Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;1678000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-OVA, Class D (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-15-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202172 |
| Starwood Mortgage Residential Trust | Starwood Mortgage Residential Trust | Starwood Mortgage Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;1197487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076963 |
| Towd Point Mortgage Trust | Towd Point Mortgage Trust | Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-6, Class M2 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-4, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-4, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-4, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-64 | &nbsp;&nbsp;&nbsp;&nbsp;1158314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-3, Class A1A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-4, Class A1A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-27-64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571509 |
| Verus Securitization Trust | Verus Securitization Trust | Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-5, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-4, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-5, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-6, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R2, Class A1 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-8, Class A2 (6.664% to 12-1-27, then 7.664% thereafter) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-25-68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325104 |
| Visio Trust | Visio Trust | Visio Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1R, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-25-55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424975 |
| Wells Fargo Commercial Mortgage Trust | Wells Fargo Commercial Mortgage Trust | Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-C55, Class A2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-5C4, Class A3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-58 | &nbsp;&nbsp;&nbsp;&nbsp;1364000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1409753 |
| **U.S. Government Agency 7.8%** | **U.S. Government Agency 7.8%** | **U.S. Government Agency 7.8%** |  | **15957273** |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K048, Class X1 IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-174, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-109, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-16-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-124, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-140, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-159, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;21100106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-20, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-22, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-23, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;5140944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-46, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-54, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-58 | &nbsp;&nbsp;&nbsp;&nbsp;16190490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-61, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-89, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-114, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-16-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-158, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-23, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-59 | &nbsp;&nbsp;&nbsp;&nbsp;15296168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-69, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-16-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-99, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-131, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-16-61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7490 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 22

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **U.S. Government Agency (continued)** | **U.S. Government Agency (continued)** | **U.S. Government Agency (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-108, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;2421533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$139772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-114, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-118, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;4933613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-120, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-137, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;3869669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-150, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;1070127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-170, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-92, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-10, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-11, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-203, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-16-63 | &nbsp;&nbsp;&nbsp;&nbsp;5562526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-220, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-63 | &nbsp;&nbsp;&nbsp;&nbsp;5110287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-62 | &nbsp;&nbsp;&nbsp;&nbsp;1991598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-47, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-16-61 | &nbsp;&nbsp;&nbsp;&nbsp;4492694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-144, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;20300643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-150, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;5397060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-181, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;2389225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-221, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;6768937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-57, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-63 | &nbsp;&nbsp;&nbsp;&nbsp;2829994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-105, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-16-65 | &nbsp;&nbsp;&nbsp;&nbsp;5580530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-177, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-16-65 | &nbsp;&nbsp;&nbsp;&nbsp;7549150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-197, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-65 | &nbsp;&nbsp;&nbsp;&nbsp;7318022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-30, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;2925413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-33, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-16-63 | &nbsp;&nbsp;&nbsp;&nbsp;4606654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-36, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-16-64 | &nbsp;&nbsp;&nbsp;&nbsp;8033313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-62, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-16-65 | &nbsp;&nbsp;&nbsp;&nbsp;4889698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-91, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-16-65 | &nbsp;&nbsp;&nbsp;&nbsp;4470690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-135, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-66 | &nbsp;&nbsp;&nbsp;&nbsp;14658144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-179, Class XI IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-66 | &nbsp;&nbsp;&nbsp;&nbsp;13788049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-193, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-16-66 | &nbsp;&nbsp;&nbsp;&nbsp;16089881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-194, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-16-67 | &nbsp;&nbsp;&nbsp;&nbsp;14026564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1081445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-3, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-16-67 | &nbsp;&nbsp;&nbsp;&nbsp;13345428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-35, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-16-66 | &nbsp;&nbsp;&nbsp;&nbsp;16428135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-73, Class IO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-16-67 | &nbsp;&nbsp;&nbsp;&nbsp;15903860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988255 |
| **Asset-backed securities 61.5%** |  |  |  | &nbsp;&nbsp;**$126620166** |
| (Cost $123,925,201) |  |  |  |  |
| **Asset-backed securities 61.5%** | **Asset-backed securities 61.5%** | **Asset-backed securities 61.5%** |  | &nbsp;&nbsp;**126620166** |
| ABPCI Direct Lending Fund I, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-29-30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368239 |
| AGL Core CLO, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-31A, Class A (3 month CME Term SOFR + 1.400%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-20-37 | &nbsp;&nbsp;&nbsp;&nbsp;1718000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1722288 |
| AIMCO CLO, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-10A, Class ARR (3 month CME Term SOFR + 1.410%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-22-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315024 |
| Aligned Data Centers Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-15-46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-16-48 | &nbsp;&nbsp;&nbsp;&nbsp;1620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647331 |
| AMSR Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR2, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-17-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-17-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-17-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-17-42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710250 |
| Aqua Finance Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-17-46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195069 |
| Arby's Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-30-50 | &nbsp;&nbsp;&nbsp;&nbsp;2538413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2413169 |
| Avis Budget Rental Car Funding AESOP LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-20-30 | &nbsp;&nbsp;&nbsp;&nbsp;1619000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1651244 |
| Beacon Container Finance II LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-22-46 | &nbsp;&nbsp;&nbsp;&nbsp;2197067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2006376 |

---

23 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Asset-backed securities (continued)** | **Asset-backed securities (continued)** | **Asset-backed securities (continued)** |  |  |
| Capital Automotive REIT |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-3A, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-15-54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$921512 |
| CARS-DB7 LP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;2046444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2058630 |
| CARS-DB8 LP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-15-54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874626 |
| CF Hippolyta Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-15-60 | &nbsp;&nbsp;&nbsp;&nbsp;1876257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1862337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-61 | &nbsp;&nbsp;&nbsp;&nbsp;2347637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2260372 |
| CLI Funding VI LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-18-45 | &nbsp;&nbsp;&nbsp;&nbsp;1327047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-18-45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316842 |
| CLI Funding VIII LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-18-46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-18-47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-18-48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253260 |
| Cloud Capital Holdco LP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-22-49 | &nbsp;&nbsp;&nbsp;&nbsp;1525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1529557 |
| Compass Datacenters Issuer II LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-49 | &nbsp;&nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-25-50 | &nbsp;&nbsp;&nbsp;&nbsp;1374000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1382498 |
| Compass Datacenters Issuer III LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-25-50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579552 |
| Consolidated Communications LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-20-55 | &nbsp;&nbsp;&nbsp;&nbsp;1660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677832 |
| CyrusOne Data Centers Issuer I LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-48 | &nbsp;&nbsp;&nbsp;&nbsp;1893000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1837414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-20-49 | &nbsp;&nbsp;&nbsp;&nbsp;2671000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2573890 |
| DataBank Issuer |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-27-51 | &nbsp;&nbsp;&nbsp;&nbsp;3073000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2995132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-51 | &nbsp;&nbsp;&nbsp;&nbsp;1356000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1298777 |
| DB Master Finance LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-20-47 | &nbsp;&nbsp;&nbsp;&nbsp;1029525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013688 |
| Diamond Infrastructure Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-15-49 | &nbsp;&nbsp;&nbsp;&nbsp;1229000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163232 |
| Domino's Pizza Master Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-49 | &nbsp;&nbsp;&nbsp;&nbsp;1330560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-51 | &nbsp;&nbsp;&nbsp;&nbsp;1862338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1727884 |
| Driven Brands Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-20-51 | &nbsp;&nbsp;&nbsp;&nbsp;1846123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-51 | &nbsp;&nbsp;&nbsp;&nbsp;1773960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1643369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-54 | &nbsp;&nbsp;&nbsp;&nbsp;2826640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2902552 |
| Elara HGV Timeshare Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-27-35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35972 |
| ExteNet Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-25-54 | &nbsp;&nbsp;&nbsp;&nbsp;1883000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881329 |
| FirstKey Homes Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-17-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class D (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-17-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427300 |
| GMF Floorplan Owner Revolving Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-31 | &nbsp;&nbsp;&nbsp;&nbsp;1199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1223139 |
| Golub Capital Partners Funding, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-22-29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300206 |
| HI-FI Music IP Issuer LP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-01-62 | &nbsp;&nbsp;&nbsp;&nbsp;2143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2080316 |
| HIN Timeshare Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-09-39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102616 |
| Home Partners of America Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-17-39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64807 |
| Hotwire Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-20-51 | &nbsp;&nbsp;&nbsp;&nbsp;1660000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1589980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-20-53 | &nbsp;&nbsp;&nbsp;&nbsp;1825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1833829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-20-54 | &nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061060 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 24

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Asset-backed securities (continued)** | **Asset-backed securities (continued)** | **Asset-backed securities (continued)** |  |  |
| Invitation Homes Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-17-41 | &nbsp;&nbsp;&nbsp;&nbsp;1302768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1260385 |
| Jersey Mike's Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-15-55 | &nbsp;&nbsp;&nbsp;&nbsp;1909215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1926005 |
| MetroNet Infrastructure Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-53 | &nbsp;&nbsp;&nbsp;&nbsp;1215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-54 | &nbsp;&nbsp;&nbsp;&nbsp;1923000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1961558 |
| Monroe Capital Funding, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-22-31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81384 |
| MVW LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-2A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-21-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127459 |
| Navient Private Education Refi Loan Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FA, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-15-69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-IA, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-15-69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FA, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-18-70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514603 |
| Navient Student Loan Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-26-69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114486 |
| Neighborly Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-30-51 | &nbsp;&nbsp;&nbsp;&nbsp;2120694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-30-52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-30-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573657 |
| New Economy Assets Phase 1 Sponsor LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-61 | &nbsp;&nbsp;&nbsp;&nbsp;2857000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2681204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class B1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-61 | &nbsp;&nbsp;&nbsp;&nbsp;1297000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1180611 |
| Palmer Square CLO, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A1 (3 month CME Term SOFR + 1.400%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-20-37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578439 |
| Progress Residential Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR3, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;05-17-26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR6, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-17-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-17-41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-17-42 | &nbsp;&nbsp;&nbsp;&nbsp;1218000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SFR2, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-17-42 | &nbsp;&nbsp;&nbsp;&nbsp;1517000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416749 |
| Retained Vantage Data Centers Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-48 | &nbsp;&nbsp;&nbsp;&nbsp;2279000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2252877 |
| RIN II, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class AR (3 month CME Term SOFR + 1.480%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-15-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858567 |
| RIN XII LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A1 (3 month CME Term SOFR + 1.300%) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-15-38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958790 |
| SCF Equipment Leasing LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A3 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-20-29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-2A, Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-20-32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125726 |
| SEB Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-30-54 | &nbsp;&nbsp;&nbsp;&nbsp;2225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2264762 |
| SERVPRO Master Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-25-49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-25-51 | &nbsp;&nbsp;&nbsp;&nbsp;1224000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-25-54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921671 |
| SMB Private Education Loan Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-A, Class APT2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-D, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-17-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-A, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-15-53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-C, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-15-52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-A, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-15-56 | &nbsp;&nbsp;&nbsp;&nbsp;1659236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-E, Class A1A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-16-56 | &nbsp;&nbsp;&nbsp;&nbsp;1330324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333583 |
| Sonic Capital LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2I (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-20-50 | &nbsp;&nbsp;&nbsp;&nbsp;1344930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1311388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01-20-50 | &nbsp;&nbsp;&nbsp;&nbsp;1247775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-20-51 | &nbsp;&nbsp;&nbsp;&nbsp;1432477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296793 |
| Subway Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2I (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-30-54 | &nbsp;&nbsp;&nbsp;&nbsp;1217880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2II (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-30-54 | &nbsp;&nbsp;&nbsp;&nbsp;1128330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-3A, Class A23 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-30-54 | &nbsp;&nbsp;&nbsp;&nbsp;2293475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2242217 |

---

25 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Asset-backed securities (continued)** | **Asset-backed securities (continued)** | **Asset-backed securities (continued)** |  |  |
| Switch ABS Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-25-54 | &nbsp;&nbsp;&nbsp;&nbsp;1098000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1094790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-25-55 | &nbsp;&nbsp;&nbsp;&nbsp;2414000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2353495 |
| TIF Funding II LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-20-45 | &nbsp;&nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1120829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02-20-46 | &nbsp;&nbsp;&nbsp;&nbsp;1000308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892840 |
| Tricon American Homes Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR2, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-17-39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405017 |
| Tricon Residential Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-SFR3, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;08-17-41 | &nbsp;&nbsp;&nbsp;&nbsp;1396979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1378286 |
| Triton Container Finance VIII LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-20-45 | &nbsp;&nbsp;&nbsp;&nbsp;1315267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1212123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-20-46 | &nbsp;&nbsp;&nbsp;&nbsp;1217396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100188 |
| Uniti Fiber Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-20-55 | &nbsp;&nbsp;&nbsp;&nbsp;1121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1138358 |
| Vantage Data Centers LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-45 | &nbsp;&nbsp;&nbsp;&nbsp;1145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065399 |
| VCP RRL ABS I, Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10-20-31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466692 |
| Verizon Master Trust |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-5, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-21-32 | &nbsp;&nbsp;&nbsp;&nbsp;3433000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3496048 |
| VR Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11-15-50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421439 |
| Wendy's Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;06-15-51 | &nbsp;&nbsp;&nbsp;&nbsp;1911400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1742158 |
| Wingstop Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-05-50 | &nbsp;&nbsp;&nbsp;&nbsp;3404160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3212456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-05-54 | &nbsp;&nbsp;&nbsp;&nbsp;1047000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059063 |
| Zaxby's Funding LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;07-30-51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819018 |
| Zayo Issuer LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;03-20-55 | &nbsp;&nbsp;&nbsp;&nbsp;1678000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686016 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 1.0%** |  |  | &nbsp;&nbsp;**$2077126** |
| (Cost $2,077,021) |  |  |  |
| **Short-term funds 1.0%** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**2077126** |
| John Hancock Collateral Trust (D) | &nbsp;&nbsp;4.2439(E) | 207659 | &nbsp;&nbsp;&nbsp;2077126 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Total investments (Cost $203,506,337) 100.2%** | **$206254553** |
| **Other assets and liabilities, net (0.2%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(409598)** |
| **Total net assets 100.0%** | &nbsp;&nbsp;**$205844955** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the portfolio. |
| ^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 |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $177,995,887 or 86.5% of the portfolio's net assets as of 5-31-25. |
| (B) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (E) | The rate shown is the annualized seven-day yield as of 5-31-25. |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 26

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

Financial statements

#### STATEMENTS OF ASSETS AND LIABILITIES 5-31-25

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Managed Account Shares Bond Completion Portfolio** | &nbsp;&nbsp;**Managed Account Shares Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Securitized Debt Portfolio** |
| **Assets** |  |  |  |  |  |
| Unaffiliated investments, at value | $1055535 | &nbsp;&nbsp;&nbsp;$396367525 | &nbsp;&nbsp;&nbsp;$132461929 | &nbsp;&nbsp;&nbsp;$19219324 | &nbsp;&nbsp;&nbsp;$204177427 |
| Affiliated investments, at value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2077126 |
| **Total investments, at value** | &nbsp;&nbsp;**1082064** | &nbsp;&nbsp;&nbsp;&nbsp;**396828147** | &nbsp;&nbsp;&nbsp;&nbsp;**135340635** | &nbsp;&nbsp;&nbsp;&nbsp;**19445545** | &nbsp;&nbsp;&nbsp;&nbsp;**206254553** |
| Cash | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5121745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707257 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207009 | &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;218970 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1932718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197717 | &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;— |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9429 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20201 |
| **Total assets** | &nbsp;&nbsp;**1105365** | &nbsp;&nbsp;&nbsp;&nbsp;**404359957** | &nbsp;&nbsp;&nbsp;&nbsp;**137900242** | &nbsp;&nbsp;&nbsp;&nbsp;**19783416** | &nbsp;&nbsp;&nbsp;&nbsp;**207210410** |
| **Liabilities** |  |  |  |  |  |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1907204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733557 |
| Payable for investments purchased | &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;686000 | &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;529104 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8864 | &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;34694 |
| Payable to affiliates |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61181 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**52724** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2073045** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1578112** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**122445** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1365455** |
| **Net assets** | **$1052641** | &nbsp;&nbsp;**$402286912** | &nbsp;&nbsp;**$136322130** | &nbsp;&nbsp;**$19660971** | &nbsp;&nbsp;**$205844955** |
| **Net assets consist of** |  |  |  |  |  |
| Paid-in capital | $1087634 | &nbsp;&nbsp;&nbsp;$406356953 | &nbsp;&nbsp;&nbsp;$144166428 | &nbsp;&nbsp;&nbsp;$20076241 | &nbsp;&nbsp;&nbsp;$203605129 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34993) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4070041) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7844298) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(415270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2239826 |
| **Net assets** | **$1052641** | &nbsp;&nbsp;**$402286912** | &nbsp;&nbsp;**$136322130** | &nbsp;&nbsp;**$19660971** | &nbsp;&nbsp;**$205844955** |
| Unaffiliated investments, at cost | $1083745 | &nbsp;&nbsp;&nbsp;$396400310 | &nbsp;&nbsp;&nbsp;$133732175 | &nbsp;&nbsp;&nbsp;$19728485 | &nbsp;&nbsp;&nbsp;$201429316 |
| Affiliated investments, at cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2077021 |
| Total investments, at cost | &nbsp;&nbsp;&nbsp;1110274 | &nbsp;&nbsp;&nbsp;&nbsp;396860906 | &nbsp;&nbsp;&nbsp;&nbsp;136610855 | &nbsp;&nbsp;&nbsp;&nbsp;19954701 | &nbsp;&nbsp;&nbsp;&nbsp;203506337 |
| **Net asset value per share** |  |  |  |  |  |
| Based on net asset values and shares outstanding-the portfolio has an unlimited number of shares authorized with no par value. |  |  |  |  |  |
| Net assets | $1052641 | &nbsp;&nbsp;&nbsp;$402286912 | &nbsp;&nbsp;&nbsp;$136322130 | &nbsp;&nbsp;&nbsp;$19660971 | &nbsp;&nbsp;&nbsp;$205844955 |
| Shares outstanding | &nbsp;&nbsp;&nbsp;&nbsp;108890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46154024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16216631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2007592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21668267 |
| Net asset value per share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.50 |

---

27 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### STATEMENTS OF OPERATIONS For the year ended 5-31-25

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Managed Account Shares Bond Completion Portfolio** | &nbsp;&nbsp;&nbsp;**Managed Account Shares Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | &nbsp;&nbsp;&nbsp;**Managed Account Shares Securitized Debt Portfolio** |
| **Investment income** |  |  |  |  |  |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50865 | &nbsp;&nbsp;&nbsp;&nbsp;$19009786 | &nbsp;&nbsp;&nbsp;&nbsp;$7058025 | &nbsp;&nbsp;&nbsp;&nbsp;$997196 | &nbsp;&nbsp;&nbsp;&nbsp;$8143556 |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160781 |
| Dividends from unaffiliated investments | &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;35904 | &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;— |
| **Total investment income** | &nbsp;&nbsp;&nbsp;&nbsp;**51503** | &nbsp;&nbsp;&nbsp;&nbsp;**19150541** | &nbsp;&nbsp;&nbsp;&nbsp;**7185831** | &nbsp;&nbsp;&nbsp;**1007744** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8304337** |
| **Expenses** |  |  |  |  |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2159094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106612 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33055 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4272 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;11306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36051 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;33204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35913 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;14118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16708 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;74812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51511 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11867 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;**146335** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2414346** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**799620** | &nbsp;&nbsp;&nbsp;&nbsp;**231803** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1295989** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;(146324) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2412889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(799272) | &nbsp;&nbsp;&nbsp;&nbsp;(231624) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1295556) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1457** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**348** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**179** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**433** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;&nbsp;**51492** | &nbsp;&nbsp;&nbsp;&nbsp;**19149084** | &nbsp;&nbsp;&nbsp;&nbsp;**7185483** | &nbsp;&nbsp;&nbsp;**1007565** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8303904** |
| **Realized and unrealized gain (loss)** |  |  |  |  |  |
| **Net realized gain (loss) on** |  |  |  |  |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528745 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(957) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(89) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1827 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**(5635)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**502284** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(37290)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**67404** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**530572** |
| **Change in net unrealized appreciation (depreciation) of** |  |  |  |  |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;10634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(579258) | &nbsp;&nbsp;&nbsp;&nbsp;(1638087) | &nbsp;&nbsp;&nbsp;&nbsp;(839224) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2997525 |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**10633** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(579292)** | &nbsp;&nbsp;&nbsp;**(1638052)** | &nbsp;&nbsp;&nbsp;&nbsp;**(839197)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2997743** |
| **Net realized and unrealized gain (loss)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4998** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(77008)** | &nbsp;&nbsp;&nbsp;**(1675342)** | &nbsp;&nbsp;&nbsp;&nbsp;**(771793)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3528315** |
| **Increase in net assets from operations** | &nbsp;&nbsp;&nbsp;**$56490** | &nbsp;&nbsp;&nbsp;**$19072076** | &nbsp;&nbsp;&nbsp;**$5510141** | &nbsp;&nbsp;&nbsp;**$235772** | &nbsp;&nbsp;&nbsp;**$11832219** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 28

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Managed Account Shares Bond Completion Portfolio** | &nbsp;&nbsp;**Managed Account Shares Bond Completion Portfolio** | &nbsp;&nbsp;**Managed Account Shares Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** |
|  | &nbsp;&nbsp;**Year ended <br> 5-31-25** | &nbsp;&nbsp;**Period ended <br> 5-31-24<sup>1</sup>** | &nbsp;&nbsp;**Year ended <br> 5-31-25** | &nbsp;&nbsp;**Year ended <br> 5-31-24** | &nbsp;&nbsp;**Year ended <br> 5-31-25** | &nbsp;&nbsp;**Year ended <br> 5-31-24** |
| **Increase (decrease) in net assets** |  |  |  |  |  |  |
| **From operations** |  |  |  |  |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$51492 | &nbsp;&nbsp;&nbsp;&nbsp;$21526 | &nbsp;&nbsp;&nbsp;&nbsp;$19149084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9391135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7185483 | &nbsp;&nbsp;&nbsp;&nbsp;$3405552 |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1187) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1329962) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37290) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1603816) |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38843) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(579292) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4540856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1638052) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3362026 |
| **Increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**56490** | &nbsp;&nbsp;&nbsp;&nbsp;**(18504)** | &nbsp;&nbsp;&nbsp;&nbsp;**19072076** | &nbsp;&nbsp;&nbsp;&nbsp;**12602029** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5510141** | &nbsp;&nbsp;&nbsp;&nbsp;**5163762** |
| **Distributions to shareholders** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;From earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19539909) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9597881) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7419767) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3421669) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(52026)** | &nbsp;&nbsp;&nbsp;&nbsp;**(20975)** | &nbsp;&nbsp;&nbsp;&nbsp;**(19539909)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9597881)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7419767)** | &nbsp;&nbsp;&nbsp;&nbsp;**(3421669)** |
| **From portfolio share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**61816** | &nbsp;&nbsp;**1025840** | &nbsp;&nbsp;&nbsp;&nbsp;**165370621** | &nbsp;&nbsp;&nbsp;&nbsp;**137354388** | &nbsp;&nbsp;&nbsp;&nbsp;**79088371** | &nbsp;&nbsp;&nbsp;&nbsp;**18817102** |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**66280** | &nbsp;&nbsp;&nbsp;&nbsp;**986361** | &nbsp;&nbsp;&nbsp;&nbsp;**164902788** | &nbsp;&nbsp;&nbsp;&nbsp;**140358536** | &nbsp;&nbsp;&nbsp;&nbsp;**77178745** | &nbsp;&nbsp;&nbsp;&nbsp;**20559195** |
| **Net assets** |  |  |  |  |  |  |
| Beginning of year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;237384124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97025588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59143385 | &nbsp;&nbsp;&nbsp;&nbsp;38584190 |
| **End of year** | &nbsp;&nbsp;**$1052641** | &nbsp;&nbsp;&nbsp;**$986361** | &nbsp;&nbsp;**$402286912** | &nbsp;&nbsp;**$237384124** | &nbsp;&nbsp;**$136322130** | &nbsp;&nbsp;**$59143385** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;
<br> <sup>1</sup> Period from 12-18-23 (commencement of operations) to 5-31-24.

29 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### STATEMENTS OF CHANGES IN NET ASSETS

------

Continued

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Managed Account Shares Non- Investment-Grade Municipal Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Non- Investment-Grade Municipal Bond Portfolio** | &nbsp;&nbsp;**Managed Account Shares Securitized Debt Portfolio** | &nbsp;&nbsp;**Managed Account Shares Securitized Debt Portfolio** |
|  | &nbsp;&nbsp;**Year ended <br> 5-31-25** | &nbsp;&nbsp;**Year ended <br> 5-31-24** | &nbsp;&nbsp;**Year ended <br> 5-31-25** | &nbsp;&nbsp;**Year ended <br> 5-31-24** |
| **Increase (decrease) in net assets** |  |  |  |  |
| **From operations** |  |  |  |  |
| Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1007565 | &nbsp;&nbsp;&nbsp;&nbsp;$1022381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8303904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4357272 |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(249869) |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(839197) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2997743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2730516 |
| **Increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**235772** | &nbsp;&nbsp;&nbsp;&nbsp;**1676337** | &nbsp;&nbsp;&nbsp;&nbsp;**11832219** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6837919** |
| **Distributions to shareholders** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;From earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1047653) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(958435) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8248169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4277268) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;**(1047653)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(958435)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8248169)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4277268)** |
| **From portfolio share transactions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6241** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**69999** | &nbsp;&nbsp;&nbsp;&nbsp;**73322390** | &nbsp;&nbsp;&nbsp;&nbsp;**46140446** |
| **Total increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(805640)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**787901** | &nbsp;&nbsp;&nbsp;&nbsp;**76906440** | &nbsp;&nbsp;&nbsp;&nbsp;**48701097** |
| **Net assets** |  |  |  |  |
| Beginning of year | &nbsp;&nbsp;&nbsp;&nbsp;20466611 | &nbsp;&nbsp;&nbsp;&nbsp;19678710 | &nbsp;&nbsp;&nbsp;&nbsp;128938515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80237418 |
| **End of year** | &nbsp;&nbsp;**$19660971** | &nbsp;&nbsp;**$20466611** | &nbsp;&nbsp;**$205844955** | &nbsp;&nbsp;**$128938515** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 30

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

Financial Highlights

#### MANAGED ACCOUNT SHARES BOND COMPLETION PORTFOLIO

------

---

| | | |
|:---|:---|:---|
| **Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24<sup>1</sup>** |
| **Per share operating performance** |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.62** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.00** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.54** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.18)** |
| **Less distributions** |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.67** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.62** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.65** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.76)<sup>4</sup>** |
| **Ratios and supplemental data** |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |
| Ratios (as a percentage of average net assets): |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.21<sup>5</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>5,6</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.80<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Period from 12-18-23 (commencement of operations) to 5-31-24.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Not annualized.

<sup>5</sup> Annualized. Certain expenses are presented unannualized.

<sup>6</sup> Less than 0.005%.

<sup>7</sup> Annualized.

#### MANAGED ACCOUNT SHARES INVESTMENT-GRADE CORPORATE BOND PORTFOLIO

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.64** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.54** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.97** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.34** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.02** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.58** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.59** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.95)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.71** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.50) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) |
| From net realized gain | &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;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.50)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.49)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.44)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.42)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.39)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.72** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.64** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.54** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.97** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.34** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.82** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.19** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.54)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.09** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.73 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Less than 0.005%.

31 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### MANAGED ACCOUNT SHARES NON-INVESTMENT-GRADE CORPORATE BOND PORTFOLIO

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.41** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.85** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.10** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.61** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.93** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.13)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.56)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.31** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.61) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.59) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.56) |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.41** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.41** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8.77** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.85** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.44** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.99** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.98)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.69** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$23 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.96 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Less than 0.005%.

#### MANAGED ACCOUNT SHARES NON-INVESTMENT-GRADE MUNICIPAL BOND PORTFOLIO

------

---

| | | | |
|:---|:---|:---|:---|
| **Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23<sup>1</sup>** |
| **Per share operating performance** |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.20** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.84** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.00** |
| Net investment income<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.11** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.84** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.03)** |
| **Less distributions** |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.52)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.48)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.13)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.79** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.20** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.84** |
| **Total return (%)<sup>3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.99** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.29)<sup>4</sup>** |
| **Ratios and supplemental data** |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20 |
| Ratios (as a percentage of average net assets): |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59<sup>5</sup> |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>6</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>5</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.34<sup>7</sup> |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Period from 2-8-23 (commencement of operations) to 5-31-23.

<sup>2</sup> Based on average daily shares outstanding.

<sup>3</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>4</sup> Not annualized.

<sup>5</sup> Annualized. Certain expenses are presented unannualized.

<sup>6</sup> Less than 0.005%.

<sup>7</sup> Annualized.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK MANAGED ACCOUNT SHARES 32

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### MANAGED ACCOUNT SHARES SECURITIZED DEBT PORTFOLIO

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Period ended** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-25** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-24** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-23** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5-31-21** |
| **Per share operating performance** |  |  |  |  |  |
| **Net asset value, beginning of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.33** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.17** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.96** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.68** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.59** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.08** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.60)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.50** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.27) |
| From net realized gain | &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;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.44)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.39)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.24)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.29)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.50** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.26** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.33** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.17** |
| **Total return (%)<sup>2</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.44** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.64** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.98)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.02** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;—<sup>3</sup> | &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;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Based on average daily shares outstanding.

<sup>2</sup> Total returns would have been lower had certain expenses not been reduced during the applicable periods.

<sup>3</sup> Less than 0.005%.

33 JOHN HANCOCK MANAGED ACCOUNT SHARES \| SEE NOTES TO FINANCIAL STATEMENTS

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

Notes to financial statements

#### Note 1 — Organization
John Hancock Managed Account Shares Bond Completion Portfolio, John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio and John Hancock Managed Account Shares Securitized Debt Portfolio (collectively, John Hancock Managed Account Shares Portfolios, or the Portfolios, and individually, Portfolio) are each a series of John Hancock Strategic Series (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective for each portfolio, except for John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio is to seek high level of current income consistent with prudent investment risk. The investment objective for John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio is to seek a high level of interest income exempt from federal income tax.

Shares of the portfolios may be purchased only by or on behalf of separately managed account clients where the portfolios' subadvisor or an affiliate of the subadvisor (each a "Managed Account Adviser") has an agreement with the managed account program sponsor (the "Program Sponsor") (typically, a registered investment adviser or broker dealer), or directly with the client, to provide management or advisory services to the managed account.

#### Note 2 — Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The portfolios qualify as investment companies under Topic 946 of Accounting Standards Codification of US GAAP.

Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the portfolios:

**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 portfolios' valuation designee.**

In order to value the securities, the portfolios use the following valuation techniques: 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. 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 portfolios in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.

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.

The portfolios use 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 portfolios' investments as of May 31, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 5-31-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Managed Account Shares Bond Completion Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | **$903085** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$903085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | **152450** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;152450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

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\| JOHN HANCOCK MANAGED ACCOUNT SHARES 34

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| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 5-31-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Managed Account Shares Bond Completion Portfolio (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | **$26529** | &nbsp;&nbsp;&nbsp;&nbsp;$26529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1082064** | **$26529** | **$1055535** | **—** |
| **Managed Account Shares Investment-Grade Corporate Bond Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | **$396079353** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$396079353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | **288172** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;288172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | **460622** | &nbsp;&nbsp;&nbsp;&nbsp;$460622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$396828147** | **$460622** | **$396367525** | **—** |
| **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | **$128245734** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$128245734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | **3468434** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;3468434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | **382390** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;382390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | **7423** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;7423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | **357948** | &nbsp;&nbsp;&nbsp;&nbsp;$357948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | **2878706** | &nbsp;&nbsp;&nbsp;&nbsp;2878706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$135340635** | **$3236654** | **$132103981** | **—** |
| **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | **$19219324** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$19219324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | **226221** | &nbsp;&nbsp;&nbsp;&nbsp;$226221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$19445545** | **$226221** | **$19219324** | **—** |
| **Managed Account Shares Securitized Debt Portfolio** |  |  |  |  |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | **$77557261** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$77557261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | **126620166** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;126620166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | **2077126** | &nbsp;&nbsp;&nbsp;&nbsp;$2077126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$206254553** | **$2077126** | **$204177427** | **—** |

---

**When-issued/delayed-delivery securities. The portfolios may purchase or sell securities on a when-issued or delayed-delivery basis, or in a "To Be Announced" (TBA) or "forward commitment" transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the portfolio or in a schedule to the portfolio (Sale Commitments Outstanding). At the time a portfolio enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in its NAV. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues on debt securities until settlement takes place. At the time that the portfolio enters into this type of transaction, the portfolio is required to have sufficient cash and/or liquid securities to cover its commitments.**

Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer's failure to issue the securities due to political, economic or other factors. Additionally, losses may arise due to changes in the value of the securities purchased or sold prior to settlement date.

**Mortgage and asset-backed securities. The portfolios may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay**

35 JOHN HANCOCK MANAGED ACCOUNT SHARES \|

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their debt before its stated maturity. This may result in the portfolios having to reinvest the proceeds in lower yielding securities, effectively reducing the portfolios' income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the portfolios' cash available for reinvestment in higher yielding securities. The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g., FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The portfolios are also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market's perception of the issuers and changes in interest rates.

**Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the portfolio becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.**

**Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.**

Portfolios that invest internationally generally carry more risk than portfolios that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.

**Overdraft. The portfolios may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the portfolios' custodian agreement, the custodian may loan money to the portfolios to make properly authorized payments. The portfolios are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any portfolio property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law. Overdrafts at period end, if any, are presented under the caption Due to custodian in the Statements of assets and liabilities.**

**Line of credit. The portfolios and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 14, 2025 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, a portfolio can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of each line of credit, is charged to each participating portfolio based on an asset-based allocation and is reflected in Other expenses on the Statements of operations. For the year ended May 31, 2025, the portfolios had no borrowings under the line of credit.**

Commitment fees for the year ended May 31, 2025 were as follows:

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Commitment fee** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $997 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2495 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1431 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1088 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1764 |

---

**Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual portfolio are allocated to such portfolio. Expenses that are not readily attributable to a specific portfolio are allocated among all portfolios in an equitable manner, taking into consideration, among other things, the nature and type of expense and each portfolio's relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known. The Managed Account Shares Bond Completion Portfolio incurred offering costs of $82,169 which are amortized over the portfolio's first year of operations. During the year ended May 31, 2025, $45,399 of offering costs were expensed and are included in State registration fees and Professional fees on the Statements of operations.**

**Federal income taxes. Each portfolio intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.**

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For federal income tax purposes, as of May 31, 2025, certain portfolios have capital loss carryforwards available to offset future net realized capital gains. These carryforwards do not expire. The following table details the capital loss carryforwards available as of May 31, 2025:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**No Expiration Date** | &nbsp;&nbsp;&nbsp;**No Expiration Date** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Short Term** | &nbsp;&nbsp;&nbsp;**Long Term** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3098 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 918609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2606495 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2300333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3694229 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 835622 |

---

As of May 31, 2025, the portfolios had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The portfolios' federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.

For federal income tax purposes, the costs of investments owned on May 31, 2025, including short-term investments, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Aggregate<br> cost** | &nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;&nbsp;**Unrealized<br> (depreciation)** | &nbsp;&nbsp;&nbsp;**Net unrealized<br> appreciation/<br> (depreciation)** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1110629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(29397) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(28565) |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397383694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4226298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4781845) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (555547) |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137038584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1359767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3057716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1697949) |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19846363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 386758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (787576) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (400818) |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 203551028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3897796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1194271) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2703525 |

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**Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The portfolios generally declare dividends daily and pay them monthly. Capital gain distributions, if any, are typically distributed annually.**

The tax character of distributions for the year ended May 31, 2025 was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Ordinary<br> Income** | &nbsp;&nbsp;&nbsp;**Exempt<br> Income** | &nbsp;&nbsp;&nbsp;**Long Term<br> Capital Gains** | &nbsp;&nbsp;&nbsp;**Total** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $52026 | &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; $52026 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19539909 | &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; 19539909 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7419767 | &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; 7419767 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $945744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $66367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1047653 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8248169 | &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; 8248169 |

---

The tax character of distributions for the year ended May 31, 2024 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Ordinary<br> Income** | &nbsp;&nbsp;&nbsp;**Exempt<br> Income** | &nbsp;&nbsp;&nbsp;**Total** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $20975 | &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; $20975 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9597881 | &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; 9597881 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3421669 | &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; 3421669 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $950436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 958435 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4277268 | &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; 4277268 |

---

As of May 31, 2025, the components of distributable earnings on a tax basis were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Undistributed<br> Ordinary Income** | &nbsp;&nbsp;&nbsp;**Undistributed<br> Exempt Interest** | &nbsp;&nbsp;&nbsp;**Post-October<br> Deferral** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1917814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 669492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &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; $103190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $35773 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1142443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the portfolios' financial statements as a return of capital.

Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to defaulted bonds, wash sale loss deferrals, distributions payable, and amortization and accretion on debt securities.

37 JOHN HANCOCK MANAGED ACCOUNT SHARES \|

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### Note 3 — Guarantees and indemnifications
Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the portfolios. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss from such claims is considered remote.

#### Note 4 — Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the portfolios. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the portfolios. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.

**Management fee.The portfolios have an investment management agreement with the Advisor under which the portfolios pay a daily management fee to the Advisor equivalent on an annual basis to the sum of 0.63% of the portfolios' average daily net assets. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The portfolios are not responsible for payment of the subadvisory fees.**

The Advisor has contractually agreed to waive or reimburse 100% of the portfolios' operating expenses. Expenses, means all expenses, excluding taxes, brokerage commissions, interest expense, litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the portfolios' business, borrowing costs, acquired fund fees and expenses paid indirectly. This agreement expires on September 30, 2025 for all funds except Managed Account Shares Bond Completion Portfolio, which will expire on September 30, 2026, unless renewed by mutual agreement of the portfolios and Advisor based upon a determination that this is appropriate under the circumstances at that time.

The portfolios are an integral part of a separately managed account program, and the portfolios' manager, the portfolios' subadvisor or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services. Participants in a separately managed account program pay a "wrap" fee to the sponsor of the program. Participants pay no additional fees or expenses to purchase shares of the portfolios.

For the year ended May 31, 2025, the expense reductions described above amounted to the following:

---

| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Expense Reductions** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $146324 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2412889 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 799272 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231624 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1295556 |

---

Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.

The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the year ended May 31, 2025, were equivalent to a net annual effective rate of 0.00% of each portfolio's average daily net assets.

**Accounting and legal services. Pursuant to a service agreement, the portfolios reimburse the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the portfolios, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the year ended May 31, 2025, amounted to an annual rate of 0.02% of the portfolios' average daily net assets. For the year ended May 31, 2025, these fees have been waived by the Advisor.**

**Transfer agent fees. The portfolios have a transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, based on the average daily net assets. For the year ended May 31, 2025, the portfolios did not incur any transfer agent fees.**

**Trustee expenses. The portfolios compensate each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each portfolio based on their net assets relative to other funds within the John Hancock group of funds complex.**

\| JOHN HANCOCK MANAGED ACCOUNT SHARES 38

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

#### Note 5 — Portfolio share transactions
Transactions in portfolios' shares for the years ended May 31, 2025 and 2024 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Period Ended 5-31-24<sup>1</sup>** | &nbsp;&nbsp;&nbsp;**Period Ended 5-31-24<sup>1</sup>** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Managed Account Shares Bond Completion Portfolio** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp; 6404 | &nbsp;&nbsp;&nbsp;&nbsp; $62766 | &nbsp;&nbsp;&nbsp;&nbsp; 102585 | &nbsp;&nbsp;&nbsp;&nbsp; $1025840 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (99) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (950) | &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; — |
| **Net increase** | &nbsp;&nbsp;&nbsp; **6305** | &nbsp;&nbsp;&nbsp; **$61816** | &nbsp;&nbsp;&nbsp; **102585** | &nbsp;&nbsp;&nbsp;&nbsp; **$1025840** |
| **Total net increase** | &nbsp;&nbsp; **6305** | &nbsp;&nbsp; **$61816** | &nbsp;&nbsp; **102585** | &nbsp;&nbsp; **$1025840** |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;

<sup>1</sup> Period from 12-18-23 (commencement of operations) to 5-31-24.

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Managed Account Shares Investment-Grade Corporate Bond Portfolio** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp; 29372561 | &nbsp;&nbsp;&nbsp;&nbsp; $258765946 | &nbsp;&nbsp;&nbsp;&nbsp; 18950489 | &nbsp;&nbsp;&nbsp;&nbsp; $161597649 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (10696252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (93395325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2834590) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24243261) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **18676309** | &nbsp;&nbsp;&nbsp;&nbsp; **$165370621** | &nbsp;&nbsp;&nbsp;&nbsp; **16115899** | &nbsp;&nbsp;&nbsp;&nbsp; **$137354388** |
| **Total net increase** | &nbsp;&nbsp; **18676309** | &nbsp;&nbsp; **$165370621** | &nbsp;&nbsp; **16115899** | &nbsp;&nbsp; **$137354388** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp; 12896140 | &nbsp;&nbsp;&nbsp; $110121606 | &nbsp;&nbsp;&nbsp;&nbsp; 5221184 | &nbsp;&nbsp;&nbsp;&nbsp; $42734747 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (3713453) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31033235) | &nbsp;&nbsp;&nbsp;&nbsp; (2971061) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23917645) |
| **Net increase** | &nbsp;&nbsp;&nbsp; **9182687** | &nbsp;&nbsp;&nbsp;&nbsp; **$79088371** | &nbsp;&nbsp;&nbsp; **2250123** | &nbsp;&nbsp;&nbsp;&nbsp; **$18817102** |
| **Total net increase** | &nbsp;&nbsp; **9182687** | &nbsp;&nbsp; **$79088371** | &nbsp;&nbsp; **2250123** | &nbsp;&nbsp; **$18817102** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp; 599 | &nbsp;&nbsp;&nbsp;&nbsp; $6241 | &nbsp;&nbsp;&nbsp;&nbsp; 6993 | &nbsp;&nbsp;&nbsp;&nbsp; $69999 |
| **Net increase** | &nbsp;&nbsp;&nbsp; **599** | &nbsp;&nbsp;&nbsp; **$6241** | &nbsp;&nbsp;&nbsp; **6993** | &nbsp;&nbsp;&nbsp; **$69999** |
| **Total net increase** | &nbsp;&nbsp; **599** | &nbsp;&nbsp; **$6241** | &nbsp;&nbsp; **6993** | &nbsp;&nbsp; **$69999** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-25** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** | &nbsp;&nbsp;&nbsp;**Year Ended 5-31-24** |
|  | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;**Amount** |
| **Managed Account Shares Securitized Debt Portfolio** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp; 12279269 | &nbsp;&nbsp;&nbsp; $116250606 | &nbsp;&nbsp;&nbsp;&nbsp; 9526658 | &nbsp;&nbsp;&nbsp;&nbsp; $86608982 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp; (4542257) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42928216) | &nbsp;&nbsp;&nbsp;&nbsp; (4448815) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40468536) |
| **Net increase** | &nbsp;&nbsp;&nbsp; **7737012** | &nbsp;&nbsp;&nbsp;&nbsp; **$73322390** | &nbsp;&nbsp;&nbsp; **5077843** | &nbsp;&nbsp;&nbsp;&nbsp; **$46140446** |
| **Total net increase** | &nbsp;&nbsp; **7737012** | &nbsp;&nbsp; **$73322390** | &nbsp;&nbsp; **5077843** | &nbsp;&nbsp; **$46140446** |

---

Affiliates of the portfolios owned 100% of shares of Managed Account Shares Bond Completion Portfolio and Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio on May 31, 2025. Such concentration of shareholders' capital could have a material effect on the portfolios if such shareholders redeem from the portfolios.

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to the following for the year ended May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Sales** | &nbsp;&nbsp;&nbsp;**Sales** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp; $344205 | &nbsp;&nbsp; $234499 | &nbsp;&nbsp; $331311 | &nbsp;&nbsp; $207749 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;— | &nbsp;&nbsp; 320098515 | &nbsp;&nbsp;— | &nbsp;&nbsp; 157321855 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;— | &nbsp;&nbsp; 119685462 | &nbsp;&nbsp;— | &nbsp;&nbsp; 43369753 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;— | &nbsp;&nbsp; 6085924 | &nbsp;&nbsp;— | &nbsp;&nbsp; 6270358 |

---

39 JOHN HANCOCK MANAGED ACCOUNT SHARES \|

------

[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;**Sales** | &nbsp;&nbsp;&nbsp;**Sales** |
| **Portfolio** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** | &nbsp;&nbsp;&nbsp;**U.S. Government** | &nbsp;&nbsp;&nbsp;**Other issuers** |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;— | &nbsp;&nbsp; $118846200 | &nbsp;&nbsp;— | &nbsp;&nbsp; $46329278 |

---

#### Note 7 — Industry or sector risk
The portfolios may invest a large percentage of their assets in one or more particular industries or sectors of the economy. If a large percentage of a portfolio's assets are economically tied to a single or small number of industries or sectors of the economy, the portfolio will be less diversified than a more broadly diversified portfolio, and it may cause the portfolio to underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the portfolio's NAV more volatile. Further, a portfolio that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors.

#### Note 8 — Investment in affiliated underlying funds
The portfolios may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the portfolios' fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the portfolios, 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** |
| **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** | **Managed Account Shares Bond Completion Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;2652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $20339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $318926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(312725) | &nbsp;&nbsp;&nbsp;&nbsp;$(10) | &nbsp;&nbsp;&nbsp;&nbsp;$(1) | &nbsp;&nbsp;&nbsp;&nbsp;$638 |  | &nbsp;&nbsp;&nbsp;&nbsp;$26529 |
| **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Investment-Grade Corporate Bond Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;46050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $987385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $151294589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(151820361) | &nbsp;&nbsp;&nbsp;&nbsp;$(957) | &nbsp;&nbsp;&nbsp;&nbsp;$(34) | &nbsp;&nbsp;&nbsp;&nbsp;$140755 |  | &nbsp;&nbsp;&nbsp;&nbsp;$460622 |
| **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio** |
| John Hancock Collateral Trust | 287796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $946467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $68618914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(66686621) | &nbsp;&nbsp;&nbsp;&nbsp;$(89) | &nbsp;&nbsp;&nbsp;&nbsp;$35 | &nbsp;&nbsp;&nbsp;&nbsp;$91902 |  | &nbsp;&nbsp;&nbsp;&nbsp;$2878706 |
| **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** | **Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;22616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $149960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3962380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(3886286) | &nbsp;&nbsp;&nbsp;&nbsp;$140 | &nbsp;&nbsp;&nbsp;&nbsp;$27 | &nbsp;&nbsp;&nbsp;&nbsp;$10548 |  | &nbsp;&nbsp;&nbsp;&nbsp;$226221 |
| **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** | **Managed Account Shares Securitized Debt Portfolio** |
| John Hancock Collateral Trust | 207659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $5197588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $79596498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(82719005) | &nbsp;&nbsp;&nbsp;&nbsp;$1827 | &nbsp;&nbsp;&nbsp;&nbsp;$218 | &nbsp;&nbsp;&nbsp;&nbsp;$160781 |  | &nbsp;&nbsp;&nbsp;&nbsp;$2077126 |

---

#### Note 9 — New accounting pronouncement
In this reporting period, the portfolios adopted Financial Accounting Standards Board Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures (ASU 2023-07). Adoption of the new standard impacted financial statement disclosures only and did not affect each portfolio's financial position or the results of its operations. The management committee of the Advisor acts as the portfolios' chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. Each portfolio represents a single operating segment, as the CODM monitors and assesses the operating results of the portfolio as a whole, and the portfolio's long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the portfolio's subadvisor. Segment assets are reflected in the Statements of assets and liabilities as "Total assets", which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statements of operations, which includes "Increase (decrease) in net assets from operations", Statements of changes in net assets, which includes "Increase (decrease) in net assets from portfolio share transactions", and Financial highlights, which includes total return and income and expense ratios.

\| JOHN HANCOCK MANAGED ACCOUNT SHARES 40

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

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| | | | |
|:---|:---|:---|:---|
| **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** | **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** | **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** | **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** |
| **To the Board of Trustees of John Hancock Strategic Series and Shareholders of John Hancock Managed Account Shares Bond Completion Portfolio, John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio and John Hancock Managed Account Shares Securitized Debt Portfolio** | **To the Board of Trustees of John Hancock Strategic Series and Shareholders of John Hancock Managed Account Shares Bond Completion Portfolio, John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio and John Hancock Managed Account Shares Securitized Debt Portfolio** | **To the Board of Trustees of John Hancock Strategic Series and Shareholders of John Hancock Managed Account Shares Bond Completion Portfolio, John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio and John Hancock Managed Account Shares Securitized Debt Portfolio** | **To the Board of Trustees of John Hancock Strategic Series and Shareholders of John Hancock Managed Account Shares Bond Completion Portfolio, John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio, John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio and John Hancock Managed Account Shares Securitized Debt Portfolio** |
| ***Opinions on the Financial Statements*** |  |  |  |
| We have audited the accompanying statements of assets and liabilities, including the portfolios' investments, of each of the portfolios listed in the table below (five of the portfolios constituting John Hancock Strategic Series, hereafter collectively referred to as the "Portfolios") as of May 31, 2025, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios listed in the table below as of May 31, 2025, the results of each of their operations, the changes in each of their net assets and each of the financial highlights for each of the periods indicated in the table below in conformity with accounting principles generally accepted in the United States of America. | We have audited the accompanying statements of assets and liabilities, including the portfolios' investments, of each of the portfolios listed in the table below (five of the portfolios constituting John Hancock Strategic Series, hereafter collectively referred to as the "Portfolios") as of May 31, 2025, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios listed in the table below as of May 31, 2025, the results of each of their operations, the changes in each of their net assets and each of the financial highlights for each of the periods indicated in the table below in conformity with accounting principles generally accepted in the United States of America. | We have audited the accompanying statements of assets and liabilities, including the portfolios' investments, of each of the portfolios listed in the table below (five of the portfolios constituting John Hancock Strategic Series, hereafter collectively referred to as the "Portfolios") as of May 31, 2025, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios listed in the table below as of May 31, 2025, the results of each of their operations, the changes in each of their net assets and each of the financial highlights for each of the periods indicated in the table below in conformity with accounting principles generally accepted in the United States of America. | We have audited the accompanying statements of assets and liabilities, including the portfolios' investments, of each of the portfolios listed in the table below (five of the portfolios constituting John Hancock Strategic Series, hereafter collectively referred to as the "Portfolios") as of May 31, 2025, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios listed in the table below as of May 31, 2025, the results of each of their operations, the changes in each of their net assets and each of the financial highlights for each of the periods indicated in the table below in conformity with accounting principles generally accepted in the United States of America. |
| **Portfolio** | &nbsp;&nbsp;**Statement of<br> operations** | &nbsp;&nbsp;**Statements of<br> changes in net assets** | &nbsp;&nbsp;**Financial Highlights** |
| Managed Account Shares Bond Completion Portfolio | &nbsp;&nbsp;For the year ended May 31, 2025 | &nbsp;&nbsp;For the year ended May 31, 2025 and the period from December 18, 2023 (commencement of operations) through May 31, 2024 | &nbsp;&nbsp;For the year ended May 31, 2025 and the period from December 18, 2023 (commencement of operations) through May 31, 2024 |
| Managed Account Shares Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;For the year ended May 31, 2025 | &nbsp;&nbsp;For the years ended May 31, 2025 and 2024 | &nbsp;&nbsp;For each of the five years in the period ended May 31, 2025 |
| Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio | &nbsp;&nbsp;For the year ended May 31, 2025 | &nbsp;&nbsp;For the years ended May 31, 2025 and 2024 | &nbsp;&nbsp;For each of the five years in the period ended May 31, 2025 |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;For the year ended May 31, 2025 | &nbsp;&nbsp;For the years ended May 31, 2025 and 2024 | &nbsp;&nbsp;For the years ended May 31, 2025 and 2024 and for the period from February 8, 2023 (commencement of operations) through May 31, 2023 |
| Managed Account Shares Securitized Debt Portfolio | &nbsp;&nbsp;For the year ended May 31, 2025 | &nbsp;&nbsp;For the years ended May 31, 2025 and 2024 | &nbsp;&nbsp;For each of the five years in the period ended May 31, 2025 |
| ***Basis for Opinions*** |  |  |  |
| These financial statements are the responsibility of the Portfolio's management. Our responsibility is to express an opinion on the Portfolio's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. | These financial statements are the responsibility of the Portfolio's management. Our responsibility is to express an opinion on the Portfolio's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. | These financial statements are the responsibility of the Portfolio's management. Our responsibility is to express an opinion on the Portfolio's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. | These financial statements are the responsibility of the Portfolio's management. Our responsibility is to express an opinion on the Portfolio's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. |
| We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. | We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. | We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. | We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. |
| Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2025 by correspondence with the custodian, transfer agent, agent bank and brokers, when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions. | Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2025 by correspondence with the custodian, transfer agent, agent bank and brokers, when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions. | Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2025 by correspondence with the custodian, transfer agent, agent bank and brokers, when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions. | Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2025 by correspondence with the custodian, transfer agent, agent bank and brokers, when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions. |
| /s/ PricewaterhouseCoopers LLP<br> Boston, Massachusetts<br> July 16, 2025 |  |  |  |
| We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988. | We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988. | We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988. | We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988. |

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41 JOHN HANCOCK MANAGED ACCOUNT SHARES \|

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

Tax information

(Unaudited)

For federal income tax purposes, the following information is furnished with respect to the distributions of the portfolios, if any, paid during its taxable year ended May 31, 2025.

For Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio, 97.36% of dividends from net investment income are exempt-interest dividends.

Each portfolio reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.

Each portfolio reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.

Each portfolio reports the maximum amount allowable as Section 163(j) Interest Dividends.

Each portfolio reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).

#### Long Term Capital Gains The portfolios below paid the following amounts in capital gain dividends:

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| | |
|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;**Long term capital gains** |
| Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio | &nbsp;&nbsp;$66367 |

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Eligible shareholders will be mailed a 2025 Form 1099-DIV in early 2026. This will reflect the tax character of all distributions paid in calendar year 2025.

#### Please consult a tax advisor regarding the tax consequences of your investment in the portfolio.
\| JOHN HANCOCK MANAGED ACCOUNT SHARES 42

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[**Table of Contents**](#JOB_Manag_0825fb75-9fe6-4765-9355-d13a1200cdab_TofC)

![](imgddb095923.jpg)

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC

200 Berkeley Street, Boston, MA 02116-5010, 800-247-0278, jhinvestments.com

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.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

This report is for the information of the shareholders of John Hancock Managed Account Shares. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4543801 JHMASA 5/25

7/25

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ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Information included in Item 7, if applicable.

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ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Refer to information included in Item 7.

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ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

Information included in Item 7, if applicable.

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ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

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ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No material changes.

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ITEM 16. CONTROLS AND PROCEDURES.

(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b) There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

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ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

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ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

Not applicable.

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ITEM 19. EXHIBITS.

[(a)(1) Code of Ethics for Covered Officers is attached.](SOX_COE_12.31.24.htm)

(a)(2) Not applicable.

[(a)(3) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.](JHSS_KFeinberg_FSilva.htm)

[(b) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.](JHSS_906_cert.htm)

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&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock Strategic Series

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| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | July 16, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | July 16, 2025 |
| By: | /s/ Fernando A. Silva |
|  | Fernando A. Silva |
|  | Chief Financial Officer, |
|  | Principal Financial Officer |
| Date: | July 16, 2025 |

---

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## Ex-99.Code

![Image is missing](gvj9nfmyyv5gsqc43k8y6.jpg)

**JOHN HANCOCK VARIABLE INSURANCE TRUST**

**JOHN HANCOCK FUNDS**

**JOHN HANCOCK FUNDS II**

**JOHN HANCOCK EXCHANGE-TRADED FUND TRUST**

**<u><u>S</u>ARBANES<u>-O</u>XLEY <u>C</u>ODE OF <u>E</u>THICS</u>**

**<u>FOR</u>**

**<u><u>P</u>RINCIPAL <u>E</u>XECUTIVE<u>, P</u>RINCIPAL <u>F</u>INANCIAL <u>O</u>FFICER <u>& T</u>REASURER</u>**

**I.Covered Officers/Purpose of the Code**

This code of ethics (this "Code") for John Hancock Variable Insurance Trust, John Hancock Funds[<sup>1</sup>](#dive3b4abbe-d451-4827-bbac-ac358aea02a8)[,](#dive3b4abbe-d451-4827-bbac-ac358aea02a8)and John Hancock Funds II, John Hancock Exchange-Traded Fund Trust and, each a registered management investment company under the Investment Company Act of 1940, as amended ("1940 Act"), which may issue shares in separate and distinct series (each investment company and series thereunder to be hereinafter referred to as a "Fund"), applies to each Fund's Principal Executive Officer ("President"), Principal Financial Officer ("Chief Financial Officer") and Treasurer ("Treasurer") (the "Covered Officers" as set forth in <u>Exhibit A</u>) for the purpose of promoting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢full, fair, accurate, timely and understandable disclosure in reports and documents that the Fund files with, or submits to, the Securities and Exchange Commission ("SEC") and in other public communications made by the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢compliance with applicable laws and governmental rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢the prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢accountability for adherence to the Code.

1John Hancock Funds includes the following trusts: John Hancock Financial Opportunities Fund; John Hancock Bond Trust; John Hancock California Tax-Free Income Fund; John Hancock Capital Series; John Hancock Funds III; John Hancock Income Securities Trust; John Hancock Investment Trust; John Hancock Investment Trust II; John Hancock Investors Trust; John Hancock Municipal Securities Trust; John Hancock Premium Dividend Fund ; John Hancock Preferred Income Fund; John Hancock Preferred Income Fund II; John Hancock Preferred Income Fund III; John Hancock Sovereign Bond Fund; John Hancock Strategic Series; John Hancock Tax-Advantaged Dividend Income Fund; John Hancock Tax-Advantaged Global Shareholder Yield Fund; John Hancock Hedged Equity and Income Fund; and John Hancock Collateral Trust.

1 of 6

Each of the Covered Officers should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

**II.Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest Overview**

A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his service to, the Fund. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of his position with the Fund. Certain conflicts of interest arise out of the relationships between the Covered Officers and the Fund and already are subject to conflict of interest provisions in the Investment Company Act of 1940, as amended (the "Investment Company Act") and the Investment Advisers Act of 1940, as amended (the "Investment Advisers Act"). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Fund because of their status as "affiliated persons" of the Fund. Each of the Covered Officers is an officer or employee of the investment adviser or a service provider ("Service Provider") to the Fund. The Fund's, the investment adviser's and the Service Provider's compliance programs and procedures are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside of the parameters of this Code.

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the Fund and the investment adviser and the Service Provider of which the Covered Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for the Fund, for the investment adviser or for the Service Provider), be involved in establishing policies and implementing decisions which will have different effects on the investment adviser, the Service Provider and the Fund. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Fund and the investment adviser and the Service Provider and is consistent with the performance by the Covered Officers of their duties as officers of the Fund. Thus, if such participation is performed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, it will be deemed to have been handled ethically. In addition, it is recognized by the Fund's Board of Trustees/Directors (the "Board") that the Covered Officers may also be officers or employees of one or more other investment companies covered by other Codes.

Other conflicts of interest are covered by the Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under the Code, but the Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of the Fund.

\* \* \*

2 of 6

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢not use his/her personal influence or personal relationships improperly to influence investment decisions or financial reporting by the Fund whereby the Covered Officer would benefit personally to the detriment of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢not cause the Fund to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than for the benefit of the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢not use material non-public knowledge of portfolio transactions made or contemplated for the Fund to trade personally or cause others to trade personally in contemplation of the market effect of such transactions.

Additionally, conflicts of interest may arise in other situations, the propriety of which may be discussed, if material, with the Fund's Chief Compliance Officer ("CCO"). Examples of these include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢serve as a director/trustee on the board of any public or private company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢the receipt of any non-nominal gifts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢the receipt of any entertainment from any company with which the Fund has current or prospective business dealings unless such entertainment is business-related, reasonable in cost, appropriate as to time and place, and not so frequent as to raise any question of impropriety (or other formulation as the Fund already uses in another code of conduct);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢any ownership interest in, or any consulting or employment relationship with, any of the Fund's service providers, other than its investment adviser, any sub-adviser, principal underwriter, administrator or any affiliated person thereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢a direct or indirect financial interest in commissions, transaction charges or spreads paid by the Fund for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer's employment, such as compensation or equity ownership.

**III.Disclosure & Compliance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢Each Covered Officer should familiarize himself or herself with the disclosure requirements generally applicable to the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢Each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about the Fund to others, whether within or outside the Fund, including to the Fund's directors and auditors, and to governmental regulators and self- regulatory organizations;

3 of 6

&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;➢Each Covered Officer should, to the extent appropriate within his/her area of responsibility, consult with other officers and employees of the Fund and the Fund's adviser or any sub-adviser with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Fund files with, or submits to, the SEC and in other public communications made by the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢It is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

IV. Reporting & Accountability

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢upon adoption of the Code (or thereafter as applicable, upon becoming an Covered Officer), affirm in writing to the Fund's CCO that he/she has received, read, and understands the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢annually thereafter affirm to the Fund's CCO that he/she has complied with the requirements of the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢not retaliate against any employee or Covered Officer or their affiliated persons for reports of potential violations that are made in good faith;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢notify the Fund's CCO promptly if he/she knows of any violation of this Code (Note: failure to do so is itself a violation of this Code); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢report at least annually any change in his/her affiliations from the prior year.

The Fund's CCO is responsible for applying this Code to specific situations in which questions are presented under it and has the authority to interpret this Code in any particular situation. However, any approvals or waivers sought by the Principal Executive Officer will be considered by the Fund's Board or the Compliance Committee thereof (the "Committee").

The Fund will follow these procedures in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢the Fund's CCO will take all appropriate action to investigate any potential violations reported to him/her;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢if, after such investigation, the CCO believes that no violation has occurred, the CCO is not required to take any further action;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢any matter that the CCO believes is a violation will be reported to the Board or, if applicable, Compliance Committee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢if the Board or, if applicable, Compliance Committee concurs that a violation has occurred, the Board, either upon its determination of a violation or upon

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recommendation of the Compliance Committee, if applicable, will consider appropriate action, which may include review of, and appropriate modifications to, applicable policies and procedures; notification to appropriate personnel of the Service Provider or the investment adviser or its board; or a recommendation to dismiss the Registrant's Executive Officer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢the Board, or if applicable the Compliance Committee, will be responsible for granting waivers, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;➢any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules.

**V.Other Policies & Procedures**

This Code shall be the sole code of ethics adopted by the Fund for purposes of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of the Fund, the Fund's adviser, any sub- adviser, principal underwriter or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The Fund's and its investment adviser's codes of ethics under Rule 204A-1 under the Investment Advisers Act and Rule 17j-1 under the Investment Company Act, respectively, are separate requirements applying to the Covered Officers and others and are not part of this Code.

VI. Amendments

Any amendments to this Code, other than amendments to Exhibit A, must be approved or ratified by a majority vote of the Fund's Board, including a majority of independent directors.

VII. Confidentiality

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the Fund's Board and its counsel, the investment adviser and the relevant Service Providers.

VIII. Internal Use

The Code is intended solely for the internal use by the Fund and does not constitute an admission, by or on behalf of the Fund, as to any fact, circumstance, or legal conclusion.

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**<u>Exhibit A</u>**

**Persons Covered by this Code of Ethics**

**(As of December 31, 2024)**

**John Hancock Variable Insurance Trust**

➢ Principal Executive Officer and President – Kristie Feinberg

➢ Principal Financial Officer and Chief Financial Officer – Fernando Silva

➢ Treasurer – Salvatore Schiavone

**John Hancock Funds**

➢ Principal Executive Officer and President – Kristie Feinberg

➢ Principal Financial Officer and Chief Financial Officer – Fernando Silva

➢ Treasurer – Salvatore Schiavone

**John Hancock Funds II**

➢ Principal Executive Officer and President – Kristie Feinberg

➢ Principal Financial Officer and Chief Financial Officer – Fernando Silva

➢ Treasurer – Salvatore Schiavone

**John Hancock Exchange-Traded Trust**

➢ Principal Executive Officer and President – Kristie Feinberg

➢ Principal Financial Officer and Chief Financial Officer – Fernando Silva

➢ Treasurer – Salvatore Schiavone

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## Ex-99.Cert

<u>CERTIFICATION</u>

**I, Kristie M. Feinberg, certify that:**

1. I have reviewed this report on Form N-CSR of **John Hancock Strategic Series**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: July 16, 2025

<u>/s/ Kristie M. Feinberg</u> Kristie M. Feinberg

President, Principal Executive Officer

<u>CERTIFICATION</u>

I, **Fernando A. Silva**, certify that:

1. I have reviewed this report on Form N-CSR of **John Hancock Strategic Series**;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial conditions, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: July 16, 2025

<u>/s/ Fernando A. Silva</u> Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

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## Exhibit 99.906

**Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002\***

In connection with the attached Report of **John Hancock Strategic Series** (the "registrant") on Form N-CSR to be filed with the Securities and Exchange Commission (the "Report"), each of the undersigned officers of the registrant does hereby certify that, to the best of such officer's knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the registrant as of, and for, the periods presented in the Report.

/s/ Kristie M. Feinberg

--------------------------------

Kristie M. Feinberg

President, Principal Executive Officer

Dated: July 16, 2025

/s/ Fernando A. Silva

-------------------------------

Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

Dated: July 16, 2025

A signed original of this written statement, required by Section 906, has been provided to the registrant and will be retained by the registrant and furnished to the Securities and Exchange Commission or its staff upon request.

\*These certifications are being furnished solely pursuant to 18 U.S.C. Section 1350 and are not being filed as part of this Form N-CSR or as a separate disclosure document.

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