# EDGAR Filing Document

**Accession Number:** 0000743861
**File Stem:** 0001145549-23-020508
**Filing Date:** 2023-3
**Character Count:** 56619
**Document Hash:** 63058f45c7e9599df9c6b62c5a4df731
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-020508.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001145549-23-020508

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK INVESTMENT TRUST II
- **CENTRAL INDEX KEY:** 0000743861
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03999
- **FILM NUMBER:** 23779518

**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:** FREEDOM INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FREEDOM GOLD & GOVERNMENT TRUST
- **DATE OF NAME CHANGE:** 19850530

## Series and Classes Contracts Data

### Regional Bank Fund (Series ID: S000000635)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000001813 | Class A      | FRBAX           |
| C000001815 | Class C      | FRBCX           |
| C000173132 | Class I      | JRBFX           |
| C000178764 | Class R6     | JRGRX           |

## Nport-Ex

## John Hancock

## Regional Bank Fund
Quarterly portfolio holdings 1/31/2023

![](img382a7e851.gif)

------

Fund's investments

#### As of 1-31-23 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common stocks 99.0%** |  | **$1126876842** |
| (Cost $610,087,645) |  |  |
| **Financials 99.0%** |  | &nbsp;&nbsp;**1126876842** |
| **Banks 94.7%** |  |  |
| 1st Source Corp. | 169151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8320538 |
| American Business Bank (A) | 155173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6282955 |
| Ameris Bancorp | 320962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15136568 |
| Atlantic Union Bankshares Corp. | 353594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13680552 |
| Bank of America Corp. | 732791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25999425 |
| Bank of Marin Bancorp | 275211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8385679 |
| Bank7 Corp. | 169604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4674286 |
| Banner Corp. | 62804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071583 |
| Bar Harbor Bankshares | 214844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6675203 |
| BayCom Corp. | 246785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4962846 |
| Business First Bancshares, Inc. | 266987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5537310 |
| C&F Financial Corp. | 56827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3465879 |
| Cadence Bank | 373418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9552032 |
| California BanCorp (A) | 179599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4574387 |
| Cambridge Bancorp | 141672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11333760 |
| Camden National Corp. | 128635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5432256 |
| CB Financial Services, Inc. | 83013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1808853 |
| Central Pacific Financial Corp. | 227595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5143647 |
| Central Valley Community Bancorp | 193720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4823628 |
| Citizens Community Bancorp, Inc. | 298088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3699272 |
| Citizens Financial Group, Inc. | 792395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34326560 |
| Civista Bancshares, Inc. | 282456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6129295 |
| Coastal Financial Corp. (A) | 270080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12334554 |
| Codorus Valley Bancorp, Inc. | 148328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3665185 |
| Colony Bankcorp, Inc. | 134132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1728961 |
| Columbia Banking System, Inc. | 346855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10721288 |
| Comerica, Inc. | 365537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26797517 |
| ConnectOne Bancorp, Inc. | 236836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5629592 |
| Cullen/Frost Bankers, Inc. | 136605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17796899 |
| CVB Financial Corp. | 233143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5646723 |
| Eagle Bancorp Montana, Inc. | 186235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3115712 |
| East West Bancorp, Inc. | 224371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17617611 |
| Enterprise Bancorp, Inc. | 43633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550717 |
| Equity Bancshares, Inc., Class A | 221325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6606551 |
| Evans Bancorp, Inc. | 117354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640177 |
| Farmers & Merchants Bancorp, Inc. | 161463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4593622 |
| Farmers National Banc Corp. | 239808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3448439 |
| Fifth Third Bancorp | 746898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27104928 |
| First Business Financial Services, Inc. | 182320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6527056 |
| First Community Corp. | 205886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233016 |
| First Financial Bancorp | 494028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12513729 |
| First Interstate BancSystem, Inc., Class A | 469793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16856173 |
| First Merchants Corp. | 396449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16904585 |
| First Mid Bancshares, Inc. | 108096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3473124 |
| First Northwest Bancorp | 104543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1583826 |
| Flushing Financial Corp. | 114100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2189579 |
| German American Bancorp, Inc. | 207968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8010927 |
| Great Southern Bancorp, Inc. | 77684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4539853 |
| Hancock Whitney Corp. | 432764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22278691 |
| HBT Financial, Inc. | 346187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7259541 |

---

2 JOHN HANCOCK REGIONAL BANK FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| **Banks (continued)** |  |  |
| Heritage Commerce Corp. | 977479 | $11847045 |
| Heritage Financial Corp. | 75017 | &nbsp;&nbsp;&nbsp;2140235 |
| Horizon Bancorp, Inc. | 635789 | &nbsp;&nbsp;&nbsp;9943740 |
| Huntington Bancshares, Inc. | 2213170 | &nbsp;&nbsp;33573789 |
| Independent Bank Corp. (Massachusetts) | 150985 | &nbsp;&nbsp;12031995 |
| Independent Bank Corp. (Michigan) | 251805 | &nbsp;&nbsp;&nbsp;5582517 |
| JPMorgan Chase & Co. | 209750 | &nbsp;&nbsp;29356610 |
| KeyCorp | 1629594 | &nbsp;&nbsp;31271909 |
| Landmark Bancorp, Inc. | 93548 | &nbsp;&nbsp;&nbsp;2087991 |
| Live Oak Bancshares, Inc. | 214674 | &nbsp;&nbsp;&nbsp;7348291 |
| M&T Bank Corp. | 219357 | &nbsp;&nbsp;34219692 |
| Metrocity Bankshares, Inc. | 138772 | &nbsp;&nbsp;&nbsp;2805970 |
| Mid Penn Bancorp, Inc. | 105133 | &nbsp;&nbsp;&nbsp;3308536 |
| MidWestOne Financial Group, Inc. | 234040 | &nbsp;&nbsp;&nbsp;7290346 |
| NBT Bancorp, Inc. | 139330 | &nbsp;&nbsp;&nbsp;5477062 |
| Nicolet Bankshares, Inc. (A) | 179755 | &nbsp;&nbsp;13102342 |
| Northrim BanCorp, Inc. | 133683 | &nbsp;&nbsp;&nbsp;7156051 |
| Ohio Valley Banc Corp. | 80412 | &nbsp;&nbsp;&nbsp;2096341 |
| Old National Bancorp | 581730 | &nbsp;&nbsp;10180275 |
| Old Second Bancorp, Inc. | 570694 | &nbsp;&nbsp;&nbsp;9696091 |
| Orange County Bancorp, Inc. | 65010 | &nbsp;&nbsp;&nbsp;3100977 |
| PacWest Bancorp | 292864 | &nbsp;&nbsp;&nbsp;8100618 |
| Pinnacle Financial Partners, Inc. | 346214 | &nbsp;&nbsp;27257428 |
| Plumas Bancorp | 93252 | &nbsp;&nbsp;&nbsp;3822399 |
| Popular, Inc. | 231783 | &nbsp;&nbsp;15909585 |
| Premier Financial Corp. | 504589 | &nbsp;&nbsp;12624817 |
| QCR Holdings, Inc. | 193008 | &nbsp;&nbsp;10144500 |
| Red River Bancshares, Inc. | 84368 | &nbsp;&nbsp;&nbsp;4294331 |
| Regions Financial Corp. | 1439267 | &nbsp;&nbsp;33880345 |
| Renasant Corp. | 271908 | &nbsp;&nbsp;&nbsp;9674487 |
| Riverview Bancorp, Inc. | 436527 | &nbsp;&nbsp;&nbsp;3204108 |
| SB Financial Group, Inc. | 194301 | &nbsp;&nbsp;&nbsp;3174878 |
| Shore Bancshares, Inc. | 279478 | &nbsp;&nbsp;&nbsp;4885275 |
| Sierra Bancorp | 236034 | &nbsp;&nbsp;&nbsp;4970876 |
| Southern First Bancshares, Inc. (A) | 149431 | &nbsp;&nbsp;&nbsp;6289551 |
| SouthState Corp. | 139064 | &nbsp;&nbsp;11069494 |
| Stock Yards Bancorp, Inc. | 156065 | &nbsp;&nbsp;&nbsp;9357657 |
| Synovus Financial Corp. | 432610 | &nbsp;&nbsp;18147990 |
| The Community Financial Corp. | 132811 | &nbsp;&nbsp;&nbsp;5360252 |
| The First Bancorp, Inc. | 133155 | &nbsp;&nbsp;&nbsp;3949377 |
| The First Bancshares, Inc. | 206153 | &nbsp;&nbsp;&nbsp;6318589 |
| The PNC Financial Services Group, Inc. | 161922 | &nbsp;&nbsp;26786756 |
| TriCo Bancshares | 329487 | &nbsp;&nbsp;16655568 |
| Truist Financial Corp. | 514401 | &nbsp;&nbsp;25406265 |
| U.S. Bancorp | 521054 | &nbsp;&nbsp;25948489 |
| Umpqua Holdings Corp. | 284251 | &nbsp;&nbsp;&nbsp;5173368 |
| Univest Financial Corp. | 203513 | &nbsp;&nbsp;&nbsp;5525378 |
| Virginia National Bankshares Corp. | 99950 | &nbsp;&nbsp;&nbsp;3628185 |
| Washington Trust Bancorp, Inc. | 161195 | &nbsp;&nbsp;&nbsp;6894310 |
| Webster Financial Corp. | 240924 | &nbsp;&nbsp;12684649 |
| Western Alliance Bancorp | 299492 | &nbsp;&nbsp;22572712 |
| Zions Bancorp NA | 515896 | &nbsp;&nbsp;27425031 |

---

SEE NOTES TO FUND'S INVESTMENTS QUARTERLY REPORT \| JOHN HANCOCK REGIONAL BANK FUND 3

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials (continued)** |  |  |
| **Thrifts and mortgage finance 4.3%** |  |  |
| ESSA Bancorp, Inc. | 142467 | $2920574 |
| OP Bancorp | 369610 | &nbsp;&nbsp;4191377 |
| Provident Financial Holdings, Inc. | 168339 | &nbsp;&nbsp;2392097 |
| Southern Missouri Bancorp, Inc. | 185515 | &nbsp;&nbsp;8982636 |
| Timberland Bancorp, Inc. | 196374 | &nbsp;&nbsp;6539254 |
| WSFS Financial Corp. | 490804 | 23710741 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Yield (%)** | **Shares** | **Value** |
| **Short-term investments 1.0%** |  |  | **$10694015** |
| (Cost $10,693,074) |  |  |  |
| **Short-term funds 1.0%** |  |  | &nbsp;&nbsp;&nbsp;**10694015** |
| John Hancock Collateral Trust (B) | 4.3787(C) | 1069637 | &nbsp;&nbsp;&nbsp;10694015 |

---

---

| | |
|:---|:---|
| **Total investments (Cost $620,780,719) 100.0%** | **$1137570857** |
| **Other assets and liabilities, net 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**253404** |
| **Total net assets 100.0%** | **$1137824261** |

---

---

| | |
|:---|:---|
| 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. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| (A) | Non-income producing security. |
| (B) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (C) | The rate shown is the annualized seven-day yield as of 1-31-23. |

---

4 JOHN HANCOCK REGIONAL BANK FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

Notes to Fund's investments (unaudited)

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

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.

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 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.

As of January 31, 2023, all investments are categorized as Level 1 under the hierarchy described above.

**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 | 1069637 | $26304320 | $29372009 | $(44993844) | $11113 | $417 | $134242 |  | $10694015 |

---

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

\|<sub>5</sub>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Investment Trust II

- **b. Investment Company Act file number:** 811-03999

- **c. CIK number of Registrant:** 0000743861

- **d. LEI of Registrant:** 549300YHSD3NUU25N357

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-312-0176

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

- **a. Name of Series:** Regional Bank Fund

- **b. EDGAR series identifier (if any):** S000000635

- **c. LEI of Series:** 549300XZFPM56FD49H78

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1138990550.88

**Total Liabilities:** $999448.79

**Net Assets:** $1137991102.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000001813 | 2.56%                | -7.29%               | 4.08%                |
| Class ID C000001815 | 2.49%                | -7.38%               | 4.01%                |
| Class ID C000173132 | 2.56%                | -7.28%               | 4.12%                |
| Class ID C000178764 | 2.59%                | -7.29%               | 4.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $243099.95               | $27436864.90                               |
| Month 2  | $3748676.53              | $-95687350.40                              |
| Month 3  | $9089080.04              | $35634530.00                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eagle Bancorp Montana Inc.                | EAGLE BANCORP MONTANA INC COMMON STOCK USD.01       | CUSIP: 26942G100<br>LEI: 549300P2SVRIY3YU1412 | Long             | EC               | CORP              | US        |    186235 | NS      | $3115711.55   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation National Association | ZIONS BANCORP NA COMMON STOCK USD.001               | CUSIP: 989701107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    515896 | NS      | $27425031.36  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp Inc.                   | TIMBERLAND BANCORP INC/WA COMMON STOCK USD.01       | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196374 | NS      | $6539254.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp Inc.              | GERMAN AMERICAN BANCORP INC COMMON STOCK            | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |    207968 | NS      | $8010927.36   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc.            | SOUTHERN MISSOURI BANCORP INC COMMON STOCK USD.01   | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    185515 | NS      | $8982636.30   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Virginia National Bankshares Corporation  | VIRGINIA NATIONAL BANKSHARES C COMMON STOCK USD2.5  | CUSIP: 928031103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99950 | NS      | $3628185.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc.                    | EAST WEST BANCORP INC COMMON STOCK USD.001          | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    224371 | NS      | $17617610.92  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community Corporation               | FIRST COMMUNITY CORP/SC COMMON STOCK USD1.0         | CUSIP: 319835104<br>LEI: 549300TC167ECI9SMC70 | Long             | EC               | CORP              | US        |    205886 | NS      | $4233016.16   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                            | AMERIS BANCORP COMMON STOCK USD1.0                  | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    320962 | NS      | $15136567.92  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SB Financial Group Inc.                   | SB FINANCIAL GROUP INC COMMON STOCK                 | CUSIP: 78408D105<br>LEI: 54930028E6P8OT8CTV58 | Long             | EC               | CORP              | US        |    194301 | NS      | $3174878.34   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc.            | BUSINESS FIRST BANCSHARES INC COMMON STOCK USD1.0   | CUSIP: 12326C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    266987 | NS      | $5537310.38   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                          | TRICO BANCSHARES COMMON STOCK                       | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    329487 | NS      | $16655567.85  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank7 Corp.                               | BANK7 CORP COMMON STOCK USD.01                      | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169604 | NS      | $4674286.24   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Bancshares Inc.                    | EQUITY BANCSHARES INC COMMON STOCK USD.01           | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |    221325 | NS      | $6606551.25   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                              | US BANCORP COMMON STOCK USD.01                      | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    521054 | NS      | $25948489.20  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Umpqua Holdings Corporation               | UMPQUA HOLDINGS CORP COMMON STOCK                   | CUSIP: 904214103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    284251 | NS      | $5173368.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| The PNC Financial Services Group Inc.     | PNC FINANCIAL SERVICES GROUP I COMMON STOCK USD5.0  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    161922 | NS      | $26786756.46  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                            | SIERRA BANCORP COMMON STOCK                         | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    236034 | NS      | $4970876.04   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corporation            | HERITAGE FINANCIAL CORP/WA COMMON STOCK             | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75017 | NS      | $2140235.01   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp Inc.                      | HORIZON BANCORP INC/IN COMMON STOCK                 | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |    635789 | NS      | $9943739.96   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation               | BANK OF AMERICA CORP COMMON STOCK USD.01            | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    732791 | NS      | $25999424.68  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                              | CADENCE BANK COMMON STOCK USD2.5                    | CUSIP: 12740C103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    373418 | NS      | $9552032.44   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers and Merchants Bancorp Inc.        | FARMERS and MERCHANTS BANCORP IN COMMON STOCK       | CUSIP: 30779N105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161463 | NS      | $4593622.35   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation               | FIRST MERCHANTS CORP COMMON STOCK                   | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    396449 | NS      | $16904585.36  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corporation               | CAMDEN NATIONAL CORP COMMON STOCK                   | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |    128635 | NS      | $5432256.05   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers National Banc Corp.               | FARMERS NATIONAL BANC CORP COMMON STOCK             | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    239808 | NS      | $3448439.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                       | FIFTH THIRD BANCORP COMMON STOCK                    | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    746898 | NS      | $27104928.42  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corporation                    | 1ST SOURCE CORP COMMON STOCK                        | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169151 | NS      | $8320537.69   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc.                  | LIVE OAK BANCSHARES INC COMMON STOCK NPV            | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    214674 | NS      | $7348291.02   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Financial Corp.                   | PREMIER FINANCIAL CORP COMMON STOCK                 | CUSIP: 74052F108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    504589 | NS      | $12624816.78  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CB Financial Services Inc.                | CB FINANCIAL SERVICES INC COMMON STOCK              | CUSIP: 12479G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83013 | NS      | $1808853.27   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Valley Community Bancorp          | CENTRAL VALLEY COMMUNITY BANCO COMMON STOCK         | CUSIP: 155685100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    193720 | NS      | $4823628.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Colony Bankcorp Inc.                      | COLONY BANKCORP INC COMMON STOCK USD1.0             | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134132 | NS      | $1728961.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corporation            | FLUSHING FINANCIAL CORP COMMON STOCK USD.01         | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114100 | NS      | $2189579.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp                     | BANK OF MARIN BANCORP COMMON STOCK                  | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    275211 | NS      | $8385679.17   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Landmark Bancorp Inc.                     | LANDMARK BANCORP INC/MANHATTAN COMMON STOCK USD.01  | CUSIP: 51504L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93548 | NS      | $2087991.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ohio Valley Banc Corp.                    | OHIO VALLEY BANC CORP COMMON STOCK USD1.0           | CUSIP: 677719106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80412 | NS      | $2096340.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Plumas Bancorp                            | PLUMAS BANCORP COMMON STOCK                         | CUSIP: 729273102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93252 | NS      | $3822399.48   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corporation                      | RENASANT CORP COMMON STOCK USD5.0                   | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    271908 | NS      | $9674486.64   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp Inc.             | WASHINGTON TRUST BANCORP INC COMMON STOCK USD.0625  | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |    161195 | NS      | $6894310.15   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.              | COLUMBIA BANKING SYSTEM INC COMMON STOCK            | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    346855 | NS      | $10721288.05  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| The Community Financial Corporation       | COMMUNITY FINANCIAL CORP/THE COMMON STOCK USD.01    | CUSIP: 20368X101<br>LEI: 549300IM1P8BVV642449 | Long             | EC               | CORP              | US        |    132811 | NS      | $5360251.96   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MandT Bank Corporation                    | MandT BANK CORP COMMON STOCK USD.5                  | CUSIP: 55261F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219357 | NS      | $34219692.00  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp Inc.                     | NORTHRIM BANCORP INC COMMON STOCK USD1.0            | CUSIP: 666762109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133683 | NS      | $7156050.99   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| OP Bancorp                                | OP BANCORP COMMON STOCK                             | CUSIP: 67109R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    369610 | NS      | $4191377.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                       | CVB FINANCIAL CORP COMMON STOCK                     | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    233143 | NS      | $5646723.46   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Holdings Inc.         | PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK USD.01  | CUSIP: 743868101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168339 | NS      | $2392097.19   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc.                     | SHORE BANCSHARES INC COMMON STOCK USD.01            | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    279478 | NS      | $4885275.44   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation              | TRUIST FINANCIAL CORP COMMON STOCK USD5.0           | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    514401 | NS      | $25406265.39  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                               | BAYCOM CORP COMMON STOCK                            | CUSIP: 07272M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    246785 | NS      | $4962846.35   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Bancorp Inc.                   | ENTERPRISE BANCORP INC/MA COMMON STOCK USD.01       | CUSIP: 293668109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43489 | NS      | $1545599.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| California BanCorp                        | CALIFORNIA BANCORP INC COMMON STOCK                 | CUSIP: 13005U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179599 | NS      | $4574386.53   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Evans Bancorp Inc.                        | EVANS BANCORP INC COMMON STOCK USD.5                | CUSIP: 29911Q208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117354 | NS      | $4640177.16   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp                    | HERITAGE COMMERCE CORP COMMON STOCK                 | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    977479 | NS      | $11847045.48  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated        | HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01    | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |   2213170 | NS      | $33573788.90  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc.                  | STOCK YARDS BANCORP INC COMMON STOCK                | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |    156065 | NS      | $9357657.40   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem Inc.          | FIRST INTERSTATE BANCSYSTEM IN COMMON STOCK         | CUSIP: 32055Y201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    469793 | NS      | $16856172.84  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares Inc.                 | FIRST MID BANCSHARES INC COMMON STOCK USD4.0        | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108096 | NS      | $3473124.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bar Harbor Bankshares                     | BAR HARBOR BANKSHARES COMMON STOCK USD2.0           | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    214844 | NS      | $6675203.08   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Community Bancorp Inc            | CITIZENS COMMUNITY BANCORP INC COMMON STOCK USD.01  | CUSIP: 174903104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    298088 | NS      | $3699272.08   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Incorporated                     | COMERICA INC COMMON STOCK USD5.0                    | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |    365537 | NS      | $26797517.47  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corporation     | ATLANTIC UNION BANKSHARES CORP COMMON STOCK USD1.33 | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    353594 | NS      | $13680551.86  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Riverview Bancorp Inc.                    | RIVERVIEW BANCORP INC COMMON STOCK USD.01           | CUSIP: 769397100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    436527 | NS      | $3204108.18   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp Inc.                   | OLD SECOND BANCORP INC COMMON STOCK USD1.0          | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |    570694 | NS      | $9696091.06   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| American Business Bank                    | AMERICAN BUSINESS BANK COMMON STOCK                 | CUSIP: 02475L105<br>LEI: 549300OQ7NQEKOCGWF54 | Long             | EC               | CORP              | US        |    155173 | NS      | $6282954.77   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cambridge Bancorp                         | CAMBRIDGE BANCORP COMMON STOCK USD1.0               | CUSIP: 132152109<br>LEI: 549300Q8HL7EWEE0HW14 | Long             | EC               | CORP              | US        |    141672 | NS      | $11333760.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc.             | CITIZENS FINANCIAL GROUP INC COMMON STOCK USD.01    | CUSIP: 174610105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    792395 | NS      | $34326551.40  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares Inc.                   | CIVISTA BANCSHARES INC COMMON STOCK                 | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |    282456 | NS      | $6129295.20   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                      | OLD NATIONAL BANCORP/IN COMMON STOCK                | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    581730 | NS      | $10180275.00  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                  | FIRST FINANCIAL BANCORP COMMON STOCK                | CUSIP: 320209109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    494028 | NS      | $12513729.24  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CandF Financial Corporation               | CandF FINANCIAL CORP COMMON STOCK USD1.0            | CUSIP: 12466Q104<br>LEI: 549300VFPAZLNS1R0361 | Long             | EC               | CORP              | US        |     56827 | NS      | $3465878.73   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc.                 | CULLEN/FROST BANKERS INC COMMON STOCK USD.01        | CUSIP: 229899109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    136605 | NS      | $17796899.40  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| The First Bancorp Inc.                    | FIRST BANCORP INC/ME COMMON STOCK USD.01            | CUSIP: 31866P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133155 | NS      | $3949377.30   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                    | INDEPENDENT BANK CORP COMMON STOCK USD.01           | CUSIP: 453836108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150985 | NS      | $12031994.65  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corporation             | WEBSTER FINANCIAL CORP COMMON STOCK USD.01          | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    240924 | NS      | $12684648.60  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSA Bancorp Inc.                         | ESSA BANCORP INC COMMON STOCK USD.01                | CUSIP: 29667D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142467 | NS      | $2920573.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.    | FIRST BUSINESS FINANCIAL SERVI COMMON STOCK USD.01  | CUSIP: 319390100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182320 | NS      | $6527056.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| First Northwest Bancorp                   | FIRST NORTHWEST BANCORP COMMON STOCK                | CUSIP: 335834107<br>LEI: 549300YDR3VSTKB9DQ65 | Long             | EC               | CORP              | US        |    104543 | NS      | $1583826.45   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corporation              | INDEPENDENT BANK CORP/MI COMMON STOCK USD1.0        | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    251805 | NS      | $5582516.85   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation               | HANCOCK WHITNEY CORP COMMON STOCK USD3.33           | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |    432764 | NS      | $22278690.72  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares Inc.                   | NICOLET BANKSHARES INC COMMON STOCK                 | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179755 | NS      | $13102341.95  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Univest Financial Corporation             | UNIVEST FINANCIAL CORP COMMON STOCK USD5.0          | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |    203513 | NS      | $5525377.95   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc.                   | CONNECTONE BANCORP INC COMMON STOCK                 | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |    236836 | NS      | $5629591.72   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.          | PINNACLE FINANCIAL PARTNERS IN COMMON STOCK USD1.0  | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |    346214 | NS      | $27257428.22  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc.                          | NBT BANCORP INC COMMON STOCK USD.01                 | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139330 | NS      | $5477062.30   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc.                         | QCR HOLDINGS INC COMMON STOCK USD1.0                | CUSIP: 74727A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    193008 | NS      | $10144500.48  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Red River Bancshares Inc.                 | RED RIVER BANCSHARES INC COMMON STOCK               | CUSIP: 75686R202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84368 | NS      | $4294331.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corporation                        | BANNER CORP COMMON STOCK USD.01                     | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62804 | NS      | $4071583.32   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial Inc.                        | HBT FINANCIAL INC COMMON STOCK                      | CUSIP: 404111106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    346187 | NS      | $7259541.39   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation             | REGIONS FINANCIAL CORP COMMON STOCK USD.01          | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |   1439267 | NS      | $33880345.18  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Southern Bancorp Inc.               | GREAT SOUTHERN BANCORP INC COMMON STOCK USD.01      | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |     77684 | NS      | $4539852.96   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Codorus Valley Bancorp Inc.               | CODORUS VALLEY BANCORP INC COMMON STOCK USD2.5      | CUSIP: 192025104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148328 | NS      | $3665184.88   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange County Bancorp Inc.                | ORANGE COUNTY BANCORP INC COMMON STOCK USD.5        | CUSIP: 68417L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65010 | NS      | $3100977.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PacWest Bancorp                           | PACWEST BANCORP COMMON STOCK                        | CUSIP: 695263103<br>LEI: 549300YI8VMFO7G36V04 | Long             | EC               | CORP              | US        |    292864 | NS      | $8100618.24   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                   | SYNOVUS FINANCIAL CORP COMMON STOCK USD1.0          | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    432610 | NS      | $18147989.50  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation           | WESTERN ALLIANCE BANCORP COMMON STOCK USD.0001      | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    299492 | NS      | $22572712.04  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.           | CENTRAL PACIFIC FINANCIAL CORP COMMON STOCK         | CUSIP: 154760409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    227595 | NS      | $5143647.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| The First Bancshares Inc.                 | FIRST BANCSHARES INC/THE COMMON STOCK USD1.0        | CUSIP: 318916103<br>LEI: 5493006DL5RXJODMAF36 | Long             | EC               | CORP              | US        |    206153 | NS      | $6318589.45   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MetroCity Bankshares Inc.                 | METROCITY BANKSHARES INC COMMON STOCK               | CUSIP: 59165J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138772 | NS      | $2805969.84   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corporation             | COASTAL FINANCIAL CORP/WA COMMON STOCK              | CUSIP: 19046P209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    270080 | NS      | $12334553.60  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase and Co.                    | JPMORGAN CHASE and CO COMMON STOCK USD1.0           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    209750 | NS      | $29356610.00  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                   | KEYCORP COMMON STOCK USD1.0                         | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |   1629594 | NS      | $31271908.86  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc.                              | POPULAR INC COMMON STOCK USD.01                     | CUSIP: 733174700<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    231783 | NS      | $15909585.12  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JH COLLATERAL                             | JH COLLATERAL                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1069636 | NS      | $10694011.50  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corporation                | WSFS FINANCIAL CORP COMMON STOCK USD.01             | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    490804 | NS      | $23710741.24  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp Inc.                     | MID PENN BANCORP INC COMMON STOCK USD1.0            | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105133 | NS      | $3308535.51   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MidWestOne Financial Group Inc.           | MIDWESTONE FINANCIAL GROUP INC COMMON STOCK USD.01  | CUSIP: 598511103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    234040 | NS      | $7290346.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corporation                    | SOUTH STATE CORP COMMON STOCK USD2.5                | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    139064 | NS      | $11069494.40  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern First Bancshares Inc.            | SOUTHERN FIRST BANCSHARES INC COMMON STOCK USD.01   | CUSIP: 842873101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    149431 | NS      | $6289550.79   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** John Hancock Investment Trust II

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer