# EDGAR Filing Document

**Accession Number:** 0000856671
**File Stem:** 0001145549-25-047468
**Filing Date:** 2025-7
**Character Count:** 245392
**Document Hash:** 00e282de21530cdf69107fd9cf14c58c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-047468.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001145549-25-047468

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 31

**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 CALIFORNIA TAX-FREE INCOME FUND
- **CENTRAL INDEX KEY:** 0000856671

**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:** 811-05979
- **FILM NUMBER:** 251146414

**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:** JOHN HANCOCK CALIFORNIA TAX FREE INCOME FUND
- **DATE OF NAME CHANGE:** 20110214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN CALIFORNIA TAX FREE INCOME FUND
- **DATE OF NAME CHANGE:** 19941227

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA CALIFORNIA TAX FREE INCOME FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### John Hancock California Municipal Bond Fund (Series ID: S000000616)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000001742 | Class A      | TACAX           |
| C000001744 | Class C      | TCCAX           |
| C000178768 | Class I      | JCAFX           |
| C000193017 | Class R6     | JCSRX           |

?xml version='1.0' encoding='ASCII'? 8ddca0427535a4e

11955.114837 11500.962937 12103.143037 10583.2443 5.2 1000000 250000 1210314.303672 302578.575919 1234855.556332 308713.889084 250000 1000000 1059388.86 264847.215 11196.079578 1071556.184717 267889.046179 271716.363587 1086865.45435 288280.866968 1153123.467874 9.2 1206038.135943 301509.533985 1250880.659981 312720.164995 291133.401598 1164533.606394 9.2 289340.839429 264678.0175 1058712.07 293697.692954 1174790.771818 1205691.340481 301422.83512 0.5 1226299.402694 306574.850673 5.2 11195.642248 12348.555564 22.0 1074160.161298 268540.040325 13.1 0.4 11788.070085 273673.916317 11811.308194 297539.247375 271531.64888 1086126.595518 10868.654543 44.6 4.5 10715.561847 22.0 311220.951373 1155684.999208 288921.249803 11747.907717 12508.806599 10299.998824 313561.645418 4.5 11248.660398 300414.808706 1201659.23482 10000 10587.1207 44.6 11794.625784 314640.555425 1258562.221695 4.5 0.5 10000 13.1 293263.759672 1173055.038685 5.2 0.4 4.5 11326.301739 250000 44.6 11210.322742 294701.752124 1178807.008492 11906.38307 11074.716056 0.4 11645.336063 12056.913404 11556.849992 0.5 311258.027125 9600 10000 9.2 0.5 22.0 11730.550387 11050.672563 10741.601613 10236.0192 12585.622217 12262.994026 0.5 22.0 10569.958624 266563 10861.265955 10490.712366 10593.8886 293321.903186 0.4 11264.12408 11531.234678 12016.592348 0.5 13.1 10685.273702 13.1 0.5 5.2 268570.509944 9.2 296056.079685 11399.032318 0.5 44.6 12060.381359 1156167.672763 1066251.99 1190021.161676 1245131.051693 1000000 1172409.504668 1072916.544751 1245968.999988 1253709.807978 1093213.228903 1185532.687459 0000856671 false N-1A 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-05-31 2015-05-31 0000856671 jhctfif:C000001742Member 2015-05-31 2015-05-31 0000856671 jhctfif:C000001744Member 2015-05-31 2015-05-31 0000856671 jhctfif:C000178768Member 2015-05-31 2015-05-31 0000856671 jhctfif:C000193017Member 2015-05-31 2015-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2017-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2017-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2017-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2017-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2017-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2018-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2018-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2018-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2018-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2018-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2019-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2019-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2019-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2019-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2019-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2021-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2021-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2021-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2021-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2021-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2022-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2022-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2022-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2022-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2022-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2023-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2023-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2023-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2023-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2023-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2024-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2024-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2024-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2024-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2024-05-31 0000856671 2024-06-01 2025-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2020-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2020-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2020-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2020-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2020-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2020-06-01 2025-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2020-06-01 2025-05-31 0000856671 jhctfif:C000001742Member 2020-06-01 2025-05-31 0000856671 jhctfif:C000001742Member oef:WithoutSalesLoadMember 2020-06-01 2025-05-31 0000856671 jhctfif:C000001744Member 2020-06-01 2025-05-31 0000856671 jhctfif:C000001744Member oef:WithoutSalesLoadMember 2020-06-01 2025-05-31 0000856671 jhctfif:C000178768Member 2020-06-01 2025-05-31 0000856671 jhctfif:C000193017Member 2020-06-01 2025-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2016-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2016-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2016-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2016-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2016-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2024-06-01 2025-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2024-06-01 2025-05-31 0000856671 jhctfif:C000001742Member 2024-06-01 2025-05-31 0000856671 jhctfif:C000001742Member oef:WithoutSalesLoadMember 2024-06-01 2025-05-31 0000856671 jhctfif:C000001744Member 2024-06-01 2025-05-31 0000856671 jhctfif:C000001744Member oef:WithoutSalesLoadMember 2024-06-01 2025-05-31 0000856671 jhctfif:C000178768Member 2024-06-01 2025-05-31 0000856671 jhctfif:C000193017Member 2024-06-01 2025-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000178768IndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondC000193017IndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:BloombergCaliforniaMunicipalBondIndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:BloombergMunicipalBondC000178768IndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:BloombergMunicipalBondC000193017IndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:BloombergMunicipalBondIndexMember 2015-06-01 2025-05-31 0000856671 jhctfif:C000001742Member 2015-06-01 2025-05-31 0000856671 jhctfif:C000001742Member oef:WithoutSalesLoadMember 2015-06-01 2025-05-31 0000856671 jhctfif:C000001744Member 2015-06-01 2025-05-31 0000856671 jhctfif:C000001744Member oef:WithoutSalesLoadMember 2015-06-01 2025-05-31 0000856671 jhctfif:C000178768Member 2015-06-01 2025-05-31 0000856671 jhctfif:C000193017Member 2015-06-01 2025-05-31 0000856671 jhctfif:C000001742Member 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:AirportMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:CCCAndBelowMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:ClosedEndFundsMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:DevelopmentMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:EducationMember 2025-05-31 0000856671 jhctfif:C000001742Member us-gaap:EquityMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:FacilitiesMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:GeneralObligationBondsMember 2025-05-31 0000856671 jhctfif:C000001742Member us-gaap:HealthcareSectorMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:HousingMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:MoodysAaaRatingMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:NotRatedMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:OtherRevenueMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:RevenueBondsMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:StandardPoorsAARatingMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:StandardPoorsARatingMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:StandardPoorsBBBRatingMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:StandardPoorsBBRatingMember 2025-05-31 0000856671 jhctfif:C000001742Member srt:StandardPoorsBRatingMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:TobaccoMember 2025-05-31 0000856671 jhctfif:C000001742Member us-gaap:TransportationSectorMember 2025-05-31 0000856671 jhctfif:C000001742Member oef:UtilitiesSectorMember 2025-05-31 0000856671 jhctfif:C000001742Member jhctfif:WaterAndSewerMember 2025-05-31 0000856671 jhctfif:C000001744Member 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:AirportMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:CCCAndBelowMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:ClosedEndFundsMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:DevelopmentMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:EducationMember 2025-05-31 0000856671 jhctfif:C000001744Member us-gaap:EquityMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:FacilitiesMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:GeneralObligationBondsMember 2025-05-31 0000856671 jhctfif:C000001744Member us-gaap:HealthcareSectorMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:HousingMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:MoodysAaaRatingMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:NotRatedMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:OtherRevenueMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:RevenueBondsMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:StandardPoorsAARatingMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:StandardPoorsARatingMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:StandardPoorsBBBRatingMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:StandardPoorsBBRatingMember 2025-05-31 0000856671 jhctfif:C000001744Member srt:StandardPoorsBRatingMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:TobaccoMember 2025-05-31 0000856671 jhctfif:C000001744Member us-gaap:TransportationSectorMember 2025-05-31 0000856671 jhctfif:C000001744Member oef:UtilitiesSectorMember 2025-05-31 0000856671 jhctfif:C000001744Member jhctfif:WaterAndSewerMember 2025-05-31 0000856671 jhctfif:C000178768Member 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:AirportMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:CCCAndBelowMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:ClosedEndFundsMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:DevelopmentMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:EducationMember 2025-05-31 0000856671 jhctfif:C000178768Member us-gaap:EquityMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:FacilitiesMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:GeneralObligationBondsMember 2025-05-31 0000856671 jhctfif:C000178768Member us-gaap:HealthcareSectorMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:HousingMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:MoodysAaaRatingMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:NotRatedMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:OtherRevenueMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:RevenueBondsMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:StandardPoorsAARatingMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:StandardPoorsARatingMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:StandardPoorsBBBRatingMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:StandardPoorsBBRatingMember 2025-05-31 0000856671 jhctfif:C000178768Member srt:StandardPoorsBRatingMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:TobaccoMember 2025-05-31 0000856671 jhctfif:C000178768Member us-gaap:TransportationSectorMember 2025-05-31 0000856671 jhctfif:C000178768Member oef:UtilitiesSectorMember 2025-05-31 0000856671 jhctfif:C000178768Member jhctfif:WaterAndSewerMember 2025-05-31 0000856671 jhctfif:C000193017Member 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:AirportMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:CCCAndBelowMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:ClosedEndFundsMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:DevelopmentMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:EducationMember 2025-05-31 0000856671 jhctfif:C000193017Member us-gaap:EquityMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:FacilitiesMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:GeneralObligationBondsMember 2025-05-31 0000856671 jhctfif:C000193017Member us-gaap:HealthcareSectorMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:HousingMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:MoodysAaaRatingMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:NotRatedMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:OtherRevenueMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:RevenueBondsMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:StandardPoorsAARatingMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:StandardPoorsARatingMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:StandardPoorsBBBRatingMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:StandardPoorsBBRatingMember 2025-05-31 0000856671 jhctfif:C000193017Member srt:StandardPoorsBRatingMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:TobaccoMember 2025-05-31 0000856671 jhctfif:C000193017Member us-gaap:TransportationSectorMember 2025-05-31 0000856671 jhctfif:C000193017Member oef:UtilitiesSectorMember 2025-05-31 0000856671 jhctfif:C000193017Member jhctfif:WaterAndSewerMember 2025-05-31 iso4217:USDiso4217:USDxbrli:sharesxbrli:purexbrli:sharesutr:Djhctfif:Holding

#### 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

#### 811-05979

#### JOHN HANCOCK CALIFORNIA TAX-FREE INCOME FUND
(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 California Municipal Bond Fund 

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

## John Hancock California Municipal Bond Fund
Class A/TACAX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock California Municipal Bond 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.

#### This report describes changes to the fund that occurred during the reporting period.

#### 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** |
| California Municipal Bond Fund<br>(Class A/TACAX) | $72 | 0.72% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
California Municipal Bond Fund (Class A/TACAX) declined 0.14% (excluding sales charges) for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included declining short- and intermediate-term municipal bond yields, rising longer-term municipal bond yields, record levels of new municipal bond supply, and three short-term interest rate cuts by the U.S. Federal Reserve. The underperformance of California municipal bonds relative to the broader municipal bond market was also a key factor.

#### TOP PERFORMANCE CONTRIBUTORS
**Housing bonds** \| Bonds funding housing projects in California were the top-performing sector in the portfolio.

**High-yield municipal bonds** \| A noteworthy position in high-yield securities aided fund performance as high-yield bonds outperformed investment-grade securities.

**Special tax bonds** \| The fund benefited from holdings of special tax bonds funding land development projects.

#### TOP PERFORMANCE DETRACTORS
**Longer-term municipal bonds** \| The fund's position in California municipal bonds maturing in 10 or more years detracted from performance as this maturity sector declined.

**Local general obligation (GO) bonds** \| Local GOs were the largest sector weighting on average during the period, and the fund's holdings in this sector declined overall.

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_5910532.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| California Municipal Bond Fund (Class A/TACAX) | (4.13)% | 0.21% | 1.67% |
| California Municipal Bond Fund (Class A/TACAX)—excluding sales charge | (0.14)% | 1.02% | 2.08% |
| Bloomberg Municipal Bond Index | 2.03% | 0.55% | 2.13% |
| Bloomberg California Municipal Bond Index | 1.71% | 0.33% | 2.06% |

---

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;$519286048 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;439 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$1829462 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;42% |

---

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

**Portfolio Composition**

---

| | |
|:---|:---|
| **General obligation bonds** | **23.0%** |
| **Revenue bonds** | **76.6%** |
| Other revenue | 16.3% |
| Health care | 12.2% |
| Education | 10.0% |
| Airport | 8.5% |
| Facilities | 7.2% |
| Water and sewer | 6.5% |
| Housing | 4.2% |
| Development | 3.7% |
| Tobacco | 3.6% |
| Utilities | 2.6% |
| Transportation | 1.8% |
| **Closed-end funds** | **0.4%** |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5910656.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 .* 

**Material Fund Changes**

Effective October 1, 2024, the Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.43% of the fund's average daily net assets.

*This is a summary of certain changes to the fund since 6-1-24 . For more complete information, please refer to the fund's prospectus. The currently effective prospectus is available at* jhinvestments.com/documents *or by calling 800-225-5291.*

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.

MF4543857

53A-A

5/25

7/25

John Hancock California Municipal Bond Fund

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

## John Hancock California Municipal Bond Fund
Class C/TCCAX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock California Municipal Bond 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.

#### This report describes changes to the fund that occurred during the reporting period.

#### 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** |
| California Municipal Bond Fund<br>(Class C/TCCAX) | $146 | 1.47% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
California Municipal Bond Fund (Class C/TCCAX) declined 0.89% (excluding sales charges) for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included declining short- and intermediate-term municipal bond yields, rising longer-term municipal bond yields, record levels of new municipal bond supply, and three short-term interest rate cuts by the U.S. Federal Reserve. The underperformance of California municipal bonds relative to the broader municipal bond market was also a key factor.

#### TOP PERFORMANCE CONTRIBUTORS
**Housing bonds** \| Bonds funding housing projects in California were the top-performing sector in the portfolio.

**High-yield municipal bonds** \| A noteworthy position in high-yield securities aided fund performance as high-yield bonds outperformed investment-grade securities.

**Special tax bonds** \| The fund benefited from holdings of special tax bonds funding land development projects.

#### TOP PERFORMANCE DETRACTORS
**Longer-term municipal bonds** \| The fund's position in California municipal bonds maturing in 10 or more years detracted from performance as this maturity sector declined.

**Local general obligation (GO) bonds** \| Local GOs were the largest sector weighting on average during the period, and the fund's holdings in this sector declined overall.

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_5910628.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| California Municipal Bond Fund (Class C/TCCAX) | (1.85)% | 0.27% | 1.32% |
| California Municipal Bond Fund (Class C/TCCAX)—excluding sales charge | (0.89)% | 0.27% | 1.32% |
| Bloomberg Municipal Bond Index | 2.03% | 0.55% | 2.13% |
| Bloomberg California Municipal Bond Index | 1.71% | 0.33% | 2.06% |

---

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;$519286048 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;439 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$1829462 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;42% |

---

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

**Portfolio Composition**

---

| | |
|:---|:---|
| **General obligation bonds** | **23.0%** |
| **Revenue bonds** | **76.6%** |
| Other revenue | 16.3% |
| Health care | 12.2% |
| Education | 10.0% |
| Airport | 8.5% |
| Facilities | 7.2% |
| Water and sewer | 6.5% |
| Housing | 4.2% |
| Development | 3.7% |
| Tobacco | 3.6% |
| Utilities | 2.6% |
| Transportation | 1.8% |
| **Closed-end funds** | **0.4%** |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5910625.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 .* 

**Material Fund Changes**

Effective October 1, 2024, the Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.43% of the fund's average daily net assets.

*This is a summary of certain changes to the fund since 6-1-24 . For more complete information, please refer to the fund's prospectus. The currently effective prospectus is available at* jhinvestments.com/documents *or by calling 800-225-5291.*

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.

MF4543857

53A-C

5/25

7/25

John Hancock California Municipal Bond Fund

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

## John Hancock California Municipal Bond Fund
Class I/JCAFX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock California Municipal Bond 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.

#### This report describes changes to the fund that occurred during the reporting period.

#### 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** |
| California Municipal Bond Fund<br>(Class I/JCAFX) | $57 | 0.57% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
California Municipal Bond Fund (Class I/JCAFX) returned 0.01% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included declining short- and intermediate-term municipal bond yields, rising longer-term municipal bond yields, record levels of new municipal bond supply, and three short-term interest rate cuts by the U.S. Federal Reserve. The underperformance of California municipal bonds relative to the broader municipal bond market was also a key factor.

#### TOP PERFORMANCE CONTRIBUTORS
**Housing bonds** \| Bonds funding housing projects in California were the top-performing sector in the portfolio.

**High-yield municipal bonds** \| A noteworthy position in high-yield securities aided fund performance as high-yield bonds outperformed investment-grade securities.

**Special tax bonds** \| The fund benefited from holdings of special tax bonds funding land development projects.

#### TOP PERFORMANCE DETRACTORS
**Longer-term municipal bonds** \| The fund's position in California municipal bonds maturing in 10 or more years detracted from performance as this maturity sector declined.

**Local general obligation (GO) bonds** \| Local GOs were the largest sector weighting on average during the period, and the fund's holdings in this sector declined overall.

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_5910613.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| California Municipal Bond Fund (Class I/JCAFX) | 0.01% | 1.19% | 2.22% |
| Bloomberg Municipal Bond Index | 2.03% | 0.55% | 2.13% |
| Bloomberg California Municipal Bond Index | 1.71% | 0.33% | 2.06% |

---

 **Class I shares were first offered 2-13-17. Returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary.** 

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;$519286048 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;439 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$1829462 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;42% |

---

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

**Portfolio Composition**

---

| | |
|:---|:---|
| **General obligation bonds** | **23.0%** |
| **Revenue bonds** | **76.6%** |
| Other revenue | 16.3% |
| Health care | 12.2% |
| Education | 10.0% |
| Airport | 8.5% |
| Facilities | 7.2% |
| Water and sewer | 6.5% |
| Housing | 4.2% |
| Development | 3.7% |
| Tobacco | 3.6% |
| Utilities | 2.6% |
| Transportation | 1.8% |
| **Closed-end funds** | **0.4%** |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5910616.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 .* 

**Material Fund Changes**

Effective October 1, 2024, the Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.43% of the fund's average daily net assets.

*This is a summary of certain changes to the fund since 6-1-24 . For more complete information, please refer to the fund's prospectus. The currently effective prospectus is available at* jhinvestments.com/documents *or by calling 800-225-5291.*

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.

MF4543857

53A-I

5/25

7/25

John Hancock California Municipal Bond Fund

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

## John Hancock California Municipal Bond Fund
Class R6/JCSRX

#### Annual SHAREHOLDER REPORT \| May 31, 2025
This annual shareholder report contains important information about the John Hancock California Municipal Bond 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.

#### This report describes changes to the fund that occurred during the reporting period.

#### 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** |
| California Municipal Bond Fund<br>(Class R6/JCSRX) | $51 | 0.51% |

---

#### Management's Discussion of Fund Performance

#### SUMMARY OF RESULTS
California Municipal Bond Fund (Class R6/JCSRX) returned 0.07% for the year ended May 31, 2025. The most significant factors affecting fund performance during the period included declining short- and intermediate-term municipal bond yields, rising longer-term municipal bond yields, record levels of new municipal bond supply, and three short-term interest rate cuts by the U.S. Federal Reserve. The underperformance of California municipal bonds relative to the broader municipal bond market was also a key factor.

#### TOP PERFORMANCE CONTRIBUTORS
**Housing bonds** \| Bonds funding housing projects in California were the top-performing sector in the portfolio.

**High-yield municipal bonds** \| A noteworthy position in high-yield securities aided fund performance as high-yield bonds outperformed investment-grade securities.

**Special tax bonds** \| The fund benefited from holdings of special tax bonds funding land development projects.

#### TOP PERFORMANCE DETRACTORS
**Longer-term municipal bonds** \| The fund's position in California municipal bonds maturing in 10 or more years detracted from performance as this maturity sector declined.

**Local general obligation (GO) bonds** \| Local GOs were the largest sector weighting on average during the period, and the fund's holdings in this sector declined overall.

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_5910588.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **AVERAGE ANNUAL TOTAL RETURN** | **1 Year** | **5 Years** | **10 Years** |
| California Municipal Bond Fund (Class R6/JCSRX) | 0.07% | 1.22% | 2.22% |
| Bloomberg Municipal Bond Index | 2.03% | 0.55% | 2.13% |
| Bloomberg California Municipal Bond Index | 1.71% | 0.33% | 2.06% |

---

 **Class R6 shares were first offered 8-30-17. Returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary.** 

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;$519286048 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;439 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fees paid (net)** | &nbsp;&nbsp;&nbsp;&nbsp;$1829462 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;42% |

---

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

**Portfolio Composition**

---

| | |
|:---|:---|
| **General obligation bonds** | **23.0%** |
| **Revenue bonds** | **76.6%** |
| Other revenue | 16.3% |
| Health care | 12.2% |
| Education | 10.0% |
| Airport | 8.5% |
| Facilities | 7.2% |
| Water and sewer | 6.5% |
| Housing | 4.2% |
| Development | 3.7% |
| Tobacco | 3.6% |
| Utilities | 2.6% |
| Transportation | 1.8% |
| **Closed-end funds** | **0.4%** |

---

**Quality Composition**

![Graphical Representation - Allocation 1 Chart](chartimages_5910585.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 .* 

**Material Fund Changes**

Effective October 1, 2024, the Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.43% of the fund's average daily net assets.

*This is a summary of certain changes to the fund since 6-1-24 . For more complete information, please refer to the fund's prospectus. The currently effective prospectus is available at* jhinvestments.com/documents *or by calling 800-225-5291.*

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.

MF4543857

53A-R6

5/25

7/25

John Hancock California Municipal Bond Fund

------

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 $51,375 and $49,393 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 $695 and $80 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 $4,293 and $4,168 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 $369 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 fund. 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 $640,425 for the fiscal year ended May 31, 2025 and $973,916 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 fund:

* John Hancock California Municipal Bond Fund

------

![](imgf14e22911.gif)

![](imge1265f662.gif)

Annual Financial Statements & Other N-CSR Items

## John Hancock

## California Municipal Bond Fund
Fixed income

May 31, 2025

------

John Hancock

California Municipal Bond Fund

Table of contents

---

| | |
|:---|:---|
| &nbsp;&nbsp;**2** | &nbsp;&nbsp;[Fund's investments](#xx_1f22d075-d041-4d3a-b190-2700120152cb_1) |
| **24** | &nbsp;&nbsp;[Financial statements](#xx_5cbc5b7b-92e5-4f1e-bacf-4317f5129f7b_1) |
| **27** | &nbsp;&nbsp;[Financial highlights](#xx_036a06d1-c5dd-43d2-8308-ba3388feb3e5_1) |
| **31** | &nbsp;&nbsp;[Notes to financial statements](#xx_c2143080-387c-4172-a10d-d53df4d91777_1) |
| **40** | &nbsp;&nbsp;[Report of independent registered public accounting firm](#xx_36f8baaf-55a8-4550-a3d1-e9bfa1c6eaf4_1) |
| **41** | &nbsp;&nbsp;[Tax information](#xx_d822970d-f783-468f-8dc3-cfe748a40be6_1) |

---

1 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

Fund's investments

#### AS OF 5-31-25

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Municipal bonds 101.3%** |  |  |  | &nbsp;&nbsp;**$526061983** |
| (Cost $545,320,605) |  |  |  |  |
| **Alaska 0.1%** |  |  |  | &nbsp;&nbsp;**623897** |
| Northern Tobacco Securitization Corp.<br> Alaska Tobacco Settlement, Senior Class 1, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-50 | 750000 | &nbsp;&nbsp;623897 |
| **California 96.6%** |  |  |  | &nbsp;&nbsp;**501804707** |
| ABC Unified School District<br> Election of 2018, Series C, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 2085000 | &nbsp;&nbsp;2254197 |
| Alameda Corridor Transportation Authority<br> Series A, (0.000% to 10-1-37, then 5.400% thereafter) | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;10-01-50 | 2500000 | &nbsp;&nbsp;1383329 |
| Alum Rock Union Elementary School District<br> Election of 2022, Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-53 | 1000000 | &nbsp;&nbsp;1029187 |
| Alvord Unified School District<br> Election of 2007, Series B, GO (A)(B) | &nbsp;&nbsp;4.353 | &nbsp;&nbsp;08-01-36 | 6000000 | &nbsp;&nbsp;3701825 |
| Alvord Unified School District<br> Election of 2022, Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-52 | 1750000 | &nbsp;&nbsp;1798881 |
| Anaheim City School District<br> Election of 2010, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-51 | 2070000 | &nbsp;&nbsp;2138096 |
| Anaheim Union High School District, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-38 | 2900000 | &nbsp;&nbsp;2491436 |
| Antelope Valley Community College District<br> Election of 2016, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-45 | 65000 | &nbsp;&nbsp;60334 |
| Antelope Valley Community College District<br> Election of 2016, Series C, GO (B) | &nbsp;&nbsp;4.608 | &nbsp;&nbsp;08-01-38 | 1000000 | &nbsp;&nbsp;547762 |
| Antelope Valley Community College District<br> Election of 2016, Series D, GO (B) | &nbsp;&nbsp;4.851 | &nbsp;&nbsp;02-01-50 | 1000000 | &nbsp;&nbsp;305479 |
| Antelope Valley Community College District<br> Election of 2016, Series D, GO (B) | &nbsp;&nbsp;4.852 | &nbsp;&nbsp;08-01-48 | 1000000 | &nbsp;&nbsp;328325 |
| Antelope Valley Community College District<br> Election of 2016, Series D, GO (B) | &nbsp;&nbsp;4.852 | &nbsp;&nbsp;08-01-49 | 1000000 | &nbsp;&nbsp;312912 |
| Antelope Valley Community College District, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 1785000 | &nbsp;&nbsp;1810514 |
| Antelope Valley Community College District, GO (C) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-44 | 1285000 | &nbsp;&nbsp;1298715 |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> Series B, AMT (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;07-01-41 | 595000 | &nbsp;&nbsp;549513 |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> Series B, AMT (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-01-43 | 110000 | &nbsp;&nbsp;100929 |
| Burlingame School District<br> Election of 2020, Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-52 | 3460000 | &nbsp;&nbsp;3615285 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-55 | 7100000 | &nbsp;&nbsp;7299116 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 2

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Community Choice Financing Authority<br> Clean Energy Project, Series E | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-55 | 2250000 | &nbsp;&nbsp;$2362154 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series E1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-54 | 1000000 | &nbsp;&nbsp;1045505 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series F | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-55 | 5000000 | &nbsp;&nbsp;5290191 |
| California Community Choice Financing Authority<br> Clean Energy Project, Series H | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-56 | 2000000 | &nbsp;&nbsp;2127390 |
| California Community Choice Financing Authority<br> Series D | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;05-01-54 | 1500000 | &nbsp;&nbsp;1573753 |
| California Community College Financing Authority<br> Napa Valley College Project, Series A (D) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;07-01-60 | 1000000 | &nbsp;&nbsp;824880 |
| California Community Housing Agency<br> Exchange at Bayfront Apartments, Series A-1 (D) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;02-01-57 | 700000 | &nbsp;&nbsp;438474 |
| California County Tobacco Securitization Agency<br> Fresno County Funding Corp. | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;06-01-35 | 230000 | &nbsp;&nbsp;230350 |
| California County Tobacco Securitization Agency<br> Kern County Tobacco Funding Corp. | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-40 | 1500000 | &nbsp;&nbsp;1449022 |
| California County Tobacco Securitization Agency<br> Louisiana County Securitization Corp. | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-49 | 1000000 | &nbsp;&nbsp;848627 |
| California County Tobacco Securitization Agency<br> Merced County Tobacco Funding Corp. | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-50 | 1175000 | &nbsp;&nbsp;1098508 |
| California County Tobacco Securitization Agency<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-29 | 400000 | &nbsp;&nbsp;418422 |
| California Educational Facilities Authority<br> Stanford University, Series V-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-49 | 4125000 | &nbsp;&nbsp;4433864 |
| California Educational Facilities Authority<br> University of the Pacific, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-53 | 985000 | &nbsp;&nbsp;1004473 |
| California Enterprise Development Authority<br> Academy for Academic Excellence Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-40 | 430000 | &nbsp;&nbsp;423718 |
| California Enterprise Development Authority<br> Academy for Academic Excellence Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-50 | 350000 | &nbsp;&nbsp;329344 |
| California Enterprise Development Authority<br> Academy for Academic Excellence Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-55 | 240000 | &nbsp;&nbsp;221320 |
| California Enterprise Development Authority<br> Castilleja School Foundation Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-54 | 1195000 | &nbsp;&nbsp;1024871 |

---

3 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Enterprise Development Authority<br> Castilleja School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-49 | 755000 | &nbsp;&nbsp;$765443 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-49 | 265000 | &nbsp;&nbsp;231881 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-53 | 445000 | &nbsp;&nbsp;382897 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-37 | 100000 | &nbsp;&nbsp;108166 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-38 | 125000 | &nbsp;&nbsp;133323 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-39 | 100000 | &nbsp;&nbsp;105612 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-40 | 150000 | &nbsp;&nbsp;156820 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-41 | 125000 | &nbsp;&nbsp;129958 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-42 | 380000 | &nbsp;&nbsp;392463 |
| California Enterprise Development Authority<br> Curtis School Foundation Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-43 | 85000 | &nbsp;&nbsp;87323 |
| California Enterprise Development Authority<br> M @ College Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-45 | 1190000 | &nbsp;&nbsp;1192352 |
| California Enterprise Development Authority<br> M @ College Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-57 | 400000 | &nbsp;&nbsp;387939 |
| California Enterprise Development Authority<br> Pomona Properties LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-39 | 500000 | &nbsp;&nbsp;516369 |
| California Enterprise Development Authority<br> Pomona Properties LLC Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-15-45 | 1000000 | &nbsp;&nbsp;1000315 |
| California Enterprise Development Authority<br> The Rocklin Academy Project (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-54 | 625000 | &nbsp;&nbsp;577197 |
| California Enterprise Development Authority<br> The Rocklin Academy Project (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-64 | 2000000 | &nbsp;&nbsp;1800772 |
| California Enterprise Development Authority<br> The Rocklin Academy Project, Series A (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-36 | 500000 | &nbsp;&nbsp;462158 |
| California Health Facilities Financing Authority<br> Adventist Health System, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-01-39 | 875000 | &nbsp;&nbsp;792693 |
| California Health Facilities Financing Authority<br> Adventist Health System, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-36 | 1500000 | &nbsp;&nbsp;1564950 |
| California Health Facilities Financing Authority<br> Adventist Health System, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-42 | 1000000 | &nbsp;&nbsp;1012760 |
| California Health Facilities Financing Authority<br> Adventist Health System, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-43 | 925000 | &nbsp;&nbsp;932081 |
| California Health Facilities Financing Authority<br> Cedars Sinai Health System, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-48 | 1050000 | &nbsp;&nbsp;940510 |
| California Health Facilities Financing Authority<br> Cedars Sinai Health System, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-51 | 440000 | &nbsp;&nbsp;448655 |
| California Health Facilities Financing Authority<br> Children's Hospital of Orange County, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-49 | 1030000 | &nbsp;&nbsp;1060803 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 4

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Health Facilities Financing Authority<br> Children's Hospital, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-37 | 15000 | &nbsp;&nbsp;$15016 |
| California Health Facilities Financing Authority<br> Children's Hospital, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-47 | 575000 | &nbsp;&nbsp;551814 |
| California Health Facilities Financing Authority<br> City of Hope Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-49 | 735000 | &nbsp;&nbsp;710092 |
| California Health Facilities Financing Authority<br> City of Hope Obligated Group, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-15-45 | 2000000 | &nbsp;&nbsp;1822930 |
| California Health Facilities Financing Authority<br> Commonspirit Health, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-01-36 | 1550000 | &nbsp;&nbsp;1525364 |
| California Health Facilities Financing Authority<br> Commonspirit Health, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-01-45 | 950000 | &nbsp;&nbsp;874141 |
| California Health Facilities Financing Authority<br> Commonspirit Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-40 | 850000 | &nbsp;&nbsp;887478 |
| California Health Facilities Financing Authority<br> Commonspirit Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-54 | 1000000 | &nbsp;&nbsp;1001896 |
| California Health Facilities Financing Authority<br> El Camino Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-42 | 1000000 | &nbsp;&nbsp;1010668 |
| California Health Facilities Financing Authority<br> El Camino Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;02-01-47 | 1425000 | &nbsp;&nbsp;1428749 |
| California Health Facilities Financing Authority<br> Episcopal Communities & Services, Series B | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-48 | 750000 | &nbsp;&nbsp;750936 |
| California Health Facilities Financing Authority<br> Episcopal Communities & Services, Series B | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-15-53 | 1750000 | &nbsp;&nbsp;1731998 |
| California Health Facilities Financing Authority<br> Lucile Packard Children's Hospital, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-55 | 700000 | &nbsp;&nbsp;682460 |
| California Health Facilities Financing Authority<br> Standford Health Care, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-50 | 1490000 | &nbsp;&nbsp;1315323 |
| California Housing Finance Agency<br> Series A | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;01-15-35 | 908723 | &nbsp;&nbsp;912427 |
| California Infrastructure & Economic Development Bank<br> Academy of Motion Picture Arts & Sciences, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-41 | 1000000 | &nbsp;&nbsp;977123 |
| California Infrastructure & Economic Development Bank<br> Academy of Motion Picture Arts & Sciences, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-40 | 300000 | &nbsp;&nbsp;325501 |
| California Infrastructure & Economic Development Bank<br> Adventist Health Energy Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-49 | 2770000 | &nbsp;&nbsp;2771037 |
| California Infrastructure & Economic Development Bank<br> Brightline West Passenger Project, Series A, AMT (D) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;01-01-65 | 6500000 | &nbsp;&nbsp;6296401 |
| California Infrastructure & Economic Development Bank<br> California Academy of Sciences, Series A | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;08-01-29 | 1700000 | &nbsp;&nbsp;1698488 |
| California Infrastructure & Economic Development Bank<br> California Science Center | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-46 | 1190000 | &nbsp;&nbsp;1054253 |

---

5 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Infrastructure & Economic Development Bank<br> California State Teachers Retirement System | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-49 | 1000000 | &nbsp;&nbsp;$872743 |
| California Infrastructure & Economic Development Bank<br> Clean Water and Drinking Water State Revolving Fund | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-47 | 600000 | &nbsp;&nbsp;562474 |
| California Infrastructure & Economic Development Bank<br> Equitable School Revolving Fund, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-45 | 295000 | &nbsp;&nbsp;250364 |
| California Infrastructure & Economic Development Bank<br> Los Angeles County Museum of Natural History Foundation | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-50 | 420000 | &nbsp;&nbsp;367102 |
| California Municipal Finance Authority<br> California Obligated Group Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-38 | 500000 | &nbsp;&nbsp;524636 |
| California Municipal Finance Authority<br> California Obligated Group Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-39 | 660000 | &nbsp;&nbsp;686291 |
| California Municipal Finance Authority<br> California Obligated Group Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-40 | 535000 | &nbsp;&nbsp;552384 |
| California Municipal Finance Authority<br> California Obligated Group Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-44 | 1415000 | &nbsp;&nbsp;1428228 |
| California Municipal Finance Authority<br> Caritas Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-44 | 625000 | &nbsp;&nbsp;550624 |
| California Municipal Finance Authority<br> Caritas Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-54 | 1000000 | &nbsp;&nbsp;990938 |
| California Municipal Finance Authority<br> Caritas Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-59 | 1445000 | &nbsp;&nbsp;1419206 |
| California Municipal Finance Authority<br> Caritas Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-15-58 | 800000 | &nbsp;&nbsp;813028 |
| California Municipal Finance Authority<br> Certificates of Participation, Palomar Health, Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-52 | 700000 | &nbsp;&nbsp;705604 |
| California Municipal Finance Authority<br> Channing House Project, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-40 | 1500000 | &nbsp;&nbsp;1457520 |
| California Municipal Finance Authority<br> Channing House Project, Series B (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-47 | 2000000 | &nbsp;&nbsp;1975916 |
| California Municipal Finance Authority<br> Community Facilities District No. 2020-6 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-42 | 500000 | &nbsp;&nbsp;505279 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-40 | 250000 | &nbsp;&nbsp;248920 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-40 | 750000 | &nbsp;&nbsp;743611 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-45 | 600000 | &nbsp;&nbsp;582415 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09-01-50 | 750000 | &nbsp;&nbsp;729640 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 6

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09-01-55 | 730000 | &nbsp;&nbsp;$700746 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-11, Improvement Area No. 1 | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-60 | 1250000 | &nbsp;&nbsp;1210037 |
| California Municipal Finance Authority<br> Community Facilities District No. 2023-7 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 750000 | &nbsp;&nbsp;726061 |
| California Municipal Finance Authority<br> Eisenhower Medical Center, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-47 | 2500000 | &nbsp;&nbsp;2424858 |
| California Municipal Finance Authority<br> Eskaton Properties, Inc. Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-40 | 1000000 | &nbsp;&nbsp;1023963 |
| California Municipal Finance Authority<br> Eskaton Properties, Inc. Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-44 | 1250000 | &nbsp;&nbsp;1241621 |
| California Municipal Finance Authority<br> HumanGood Obligated Group | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-46 | 2080000 | &nbsp;&nbsp;1770023 |
| California Municipal Finance Authority<br> HumanGood Obligated Group | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-35 | 350000 | &nbsp;&nbsp;366482 |
| California Municipal Finance Authority<br> Kern Regional Center Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-49 | 750000 | &nbsp;&nbsp;752502 |
| California Municipal Finance Authority<br> Linxs APM Project, Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-31-31 | 1000000 | &nbsp;&nbsp;1018421 |
| California Municipal Finance Authority<br> Northbay Healthcare, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-36 | 25000 | &nbsp;&nbsp;25068 |
| California Municipal Finance Authority<br> Northbay Healthcare, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-47 | 1395000 | &nbsp;&nbsp;1281234 |
| California Municipal Finance Authority<br> Paradise Valley Estates Project, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-49 | 1500000 | &nbsp;&nbsp;1520594 |
| California Municipal Finance Authority<br> Samuel Merritt University | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-53 | 590000 | &nbsp;&nbsp;609098 |
| California Municipal Finance Authority<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 1000000 | &nbsp;&nbsp;966626 |
| California Municipal Finance Authority<br> St. Mary's School-Aliso Viejo, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-34 | 245000 | &nbsp;&nbsp;249947 |
| California Municipal Finance Authority<br> St. Mary's School-Aliso Viejo, Series A (D) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;05-01-44 | 275000 | &nbsp;&nbsp;274021 |
| California Municipal Finance Authority<br> St. Mary's School-Aliso Viejo, Series A (D) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;05-01-54 | 390000 | &nbsp;&nbsp;388582 |
| California Municipal Finance Authority<br> St. Mary's School-Aliso Viejo, Series A (D) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;05-01-59 | 395000 | &nbsp;&nbsp;395898 |
| California Municipal Finance Authority<br> Stream Charter School Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-41 | 925000 | &nbsp;&nbsp;844106 |
| California Municipal Finance Authority<br> Turning Point Schools (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-34 | 950000 | &nbsp;&nbsp;954742 |
| California Municipal Finance Authority<br> Turning Point Schools (D) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-01-54 | 1250000 | &nbsp;&nbsp;1145007 |
| California Municipal Finance Authority<br> United Airlines, Inc. Project, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-15-29 | 4600000 | &nbsp;&nbsp;4478714 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-15-34 | 500000 | &nbsp;&nbsp;516549 |

---

7 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (D) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;06-15-39 | 600000 | &nbsp;&nbsp;$619408 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (D) | &nbsp;&nbsp;6.200 | &nbsp;&nbsp;06-15-54 | 550000 | &nbsp;&nbsp;571213 |
| California Municipal Finance Authority<br> Westside Neighborhood School Project (D) | &nbsp;&nbsp;6.375 | &nbsp;&nbsp;06-15-64 | 2000000 | &nbsp;&nbsp;2086301 |
| California Pollution Control Financing Authority<br> American Water Capital Corp. Project | &nbsp;&nbsp;3.700 | &nbsp;&nbsp;08-01-40 | 1000000 | &nbsp;&nbsp;1004955 |
| California Pollution Control Financing Authority<br> Poseidon Resources LP Desalination Project, AMT (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-37 | 1500000 | &nbsp;&nbsp;1549754 |
| California Pollution Control Financing Authority<br> San Diego County Water Authority Desalination Project Pipeline (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-39 | 2000000 | &nbsp;&nbsp;2016010 |
| California Pollution Control Financing Authority<br> San Diego County Water Authority Desalination Project Pipeline (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-21-45 | 3000000 | &nbsp;&nbsp;2963198 |
| California Pollution Control Financing Authority<br> Waste Management, Inc., Series A3, AMT | &nbsp;&nbsp;4.300 | &nbsp;&nbsp;07-01-40 | 4675000 | &nbsp;&nbsp;4675523 |
| California Public Finance Authority<br> Enso Village Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-51 | 1125000 | &nbsp;&nbsp;979292 |
| California Public Finance Authority<br> Hazelden Betty Ford Foundation Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-54 | 1250000 | &nbsp;&nbsp;1233658 |
| California Public Finance Authority<br> Henry Mayo Newhall Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-47 | 1000000 | &nbsp;&nbsp;943301 |
| California Public Finance Authority<br> PIH Health, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-39 | 500000 | &nbsp;&nbsp;521919 |
| California Public Finance Authority<br> The James, Series A (D) | &nbsp;&nbsp;5.700 | &nbsp;&nbsp;06-01-34 | 500000 | &nbsp;&nbsp;500185 |
| California Public Finance Authority<br> The James, Series A (D) | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;06-01-54 | 2500000 | &nbsp;&nbsp;2330774 |
| California Public Finance Authority<br> Trinity Classical Academy, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-44 | 685000 | &nbsp;&nbsp;595105 |
| California Public Finance Authority<br> Trinity Classical Academy, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-54 | 1000000 | &nbsp;&nbsp;819882 |
| California School Finance Authority<br> Alliance for College Ready Public Schools Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-36 | 455000 | &nbsp;&nbsp;455173 |
| California School Finance Authority<br> Aspire Public Schools (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 1375000 | &nbsp;&nbsp;1311862 |
| California School Finance Authority<br> Camino Nuevo Charter Academy (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-43 | 820000 | &nbsp;&nbsp;786037 |
| California School Finance Authority<br> Granada Hills Charter High School Obligated Group, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-54 | 525000 | &nbsp;&nbsp;514006 |
| California School Finance Authority<br> Granada Hills Charter High School Obligated Group, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-64 | 1000000 | &nbsp;&nbsp;956944 |
| California School Finance Authority<br> Hawking Steam Charter School (D) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-52 | 500000 | &nbsp;&nbsp;478406 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 8

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California School Finance Authority<br> Integrity Charter School Project (D) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07-01-54 | 2150000 | &nbsp;&nbsp;$1990755 |
| California School Finance Authority<br> John Adams Academies, Series A (D) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;07-01-62 | 1000000 | &nbsp;&nbsp;887367 |
| California School Finance Authority<br> KIPP LA Project, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-47 | 1500000 | &nbsp;&nbsp;1431734 |
| California School Finance Authority<br> New Designs Charter School, Series A (D) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;06-01-34 | 775000 | &nbsp;&nbsp;751078 |
| California School Finance Authority<br> New Designs Charter School, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-54 | 200000 | &nbsp;&nbsp;182822 |
| California School Finance Authority<br> New Designs Charter School, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-64 | 300000 | &nbsp;&nbsp;266687 |
| California School Finance Authority<br> Sonoma County Junior College Project, Series A (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-41 | 1000000 | &nbsp;&nbsp;855947 |
| California School Finance Authority<br> Sonoma County Junior College Project, Series A (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-55 | 580000 | &nbsp;&nbsp;440859 |
| California School Finance Authority<br> Stem Preparatory School, Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-43 | 750000 | &nbsp;&nbsp;728203 |
| California School Finance Authority<br> Value Schools, Series A (D) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-48 | 500000 | &nbsp;&nbsp;494818 |
| California State Public Works Board<br> Air Resource Board, Series D | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-44 | 1000000 | &nbsp;&nbsp;928450 |
| California State Public Works Board<br> May Lee State Office Complex, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;04-01-49 | 1300000 | &nbsp;&nbsp;1339666 |
| California State Public Works Board<br> Various Capital Projects, Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-01-45 | 1520000 | &nbsp;&nbsp;1397075 |
| California State University<br> Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;11-01-52 | 575000 | &nbsp;&nbsp;397286 |
| California State University<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-49 | 4600000 | &nbsp;&nbsp;4018268 |
| California State University<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-48 | 1000000 | &nbsp;&nbsp;1058993 |
| California Statewide Communities Development Authority<br> Adventist Health System, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;03-01-48 | 1785000 | &nbsp;&nbsp;1728705 |
| California Statewide Communities Development Authority<br> CHF Irvine LLC | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-40 | 1440000 | &nbsp;&nbsp;1440529 |
| California Statewide Communities Development Authority<br> Community Facilities District No. 2020-02 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-34 | 200000 | &nbsp;&nbsp;191021 |
| California Statewide Communities Development Authority<br> Community Facilities District No. 2020-02 | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;09-01-42 | 1000000 | &nbsp;&nbsp;1019963 |
| California Statewide Communities Development Authority<br> Community Facilities District No. 2022-03 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-43 | 1020000 | &nbsp;&nbsp;1023654 |

---

9 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| California Statewide Communities Development Authority<br> Community Facilities District No. 2024-09 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-44 | 340000 | &nbsp;&nbsp;$337395 |
| California Statewide Communities Development Authority<br> Community Facilities District No. 2024-09 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 800000 | &nbsp;&nbsp;773301 |
| California Statewide Communities Development Authority<br> Emanate Health, Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;04-01-45 | 1790000 | &nbsp;&nbsp;1614675 |
| California Statewide Communities Development Authority<br> Enloe Medical Center, Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-15-52 | 1000000 | &nbsp;&nbsp;1013795 |
| California Statewide Communities Development Authority<br> Front Porch Communities & Services, Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;04-01-37 | 2075000 | &nbsp;&nbsp;1819000 |
| California Statewide Communities Development Authority<br> Improvement Area No. 3 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 550000 | &nbsp;&nbsp;544671 |
| California Statewide Communities Development Authority<br> Infrastructure Program, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-02-51 | 970000 | &nbsp;&nbsp;791448 |
| California Statewide Communities Development Authority<br> Infrastructure Program, Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-02-44 | 500000 | &nbsp;&nbsp;500014 |
| California Statewide Communities Development Authority<br> John Muir Health, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-46 | 745000 | &nbsp;&nbsp;666545 |
| California Statewide Communities Development Authority<br> John Muir Health, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-54 | 5740000 | &nbsp;&nbsp;5876397 |
| California Statewide Communities Development Authority<br> Redlands Community Hospital | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-46 | 1500000 | &nbsp;&nbsp;1454046 |
| California Statewide Communities Development Authority<br> Series 2021-A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-02-41 | 990000 | &nbsp;&nbsp;885417 |
| California Statewide Financing Authority<br> Tobacco Securitization Program, Series C (B)(D) | &nbsp;&nbsp;9.485 | &nbsp;&nbsp;06-01-55 | 12000000 | &nbsp;&nbsp;760759 |
| California Statewide Financing Authority<br> Tobacco Settlement, Series A | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;05-01-37 | 1260000 | &nbsp;&nbsp;1286379 |
| California Statewide Financing Authority<br> Tobacco Settlement, Series A (B) | &nbsp;&nbsp;6.771 | &nbsp;&nbsp;06-01-46 | 7000000 | &nbsp;&nbsp;1733182 |
| California Statewide Financing Authority<br> Tobacco Settlement, Series B | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;05-01-37 | 1510000 | &nbsp;&nbsp;1541614 |
| Campbell Union School District<br> Series 2010-J and Series 2022-A, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-48 | 815000 | &nbsp;&nbsp;763848 |
| Carson Public Financing Authority<br> Lease Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-49 | 4925000 | &nbsp;&nbsp;5091942 |
| Center Joint Unified School District<br> Election of 2008, Series C, GO (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;08-01-46 | 1250000 | &nbsp;&nbsp;1189577 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 10

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| Chaffey Joint Union High School District<br> Election of 2012, Series G, GO | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-52 | 2000000 | &nbsp;&nbsp;$2102068 |
| Chino Valley Unified School District<br> Election of 2016, Series C, GO (B) | &nbsp;&nbsp;4.119 | &nbsp;&nbsp;08-01-36 | 250000 | &nbsp;&nbsp;158216 |
| Chino Valley Unified School District<br> Election of 2016, Series C, GO (B) | &nbsp;&nbsp;4.584 | &nbsp;&nbsp;08-01-40 | 400000 | &nbsp;&nbsp;200651 |
| City & County of San Francisco Community Facilities District No. 2016-1<br> Improvement Area No. 2, Treasure Island, Series A (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-42 | 250000 | &nbsp;&nbsp;220672 |
| City & County of San Francisco Infrastructure & Revitalization Financing District No. 1<br> Series A (D) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-52 | 900000 | &nbsp;&nbsp;826095 |
| City of Burbank<br> Water and Power Electric Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-39 | 400000 | &nbsp;&nbsp;424963 |
| City of Burbank<br> Water and Power Electric Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-40 | 700000 | &nbsp;&nbsp;738938 |
| City of Emeryville<br> Election of 2018, Series B, GO | &nbsp;&nbsp;4.900 | &nbsp;&nbsp;08-01-48 | 265000 | &nbsp;&nbsp;236163 |
| City of Fresno Airport Revenue<br> Series A, AMT (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-42 | 720000 | &nbsp;&nbsp;644506 |
| City of Fresno Airport Revenue<br> Series A, AMT (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-48 | 1000000 | &nbsp;&nbsp;988901 |
| City of Long Beach<br> Community Facilities District 6-Pike Project | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;10-01-26 | 470000 | &nbsp;&nbsp;470996 |
| City of Long Beach<br> Water Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-54 | 1240000 | &nbsp;&nbsp;1128318 |
| City of Long Beach Airport System Revenue<br> Series C, AMT (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-42 | 450000 | &nbsp;&nbsp;452005 |
| City of Long Beach Harbor Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-44 | 300000 | &nbsp;&nbsp;308962 |
| City of Long Beach Marina System Revenue<br> Alamitos Bay Marina Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-43 | 1000000 | &nbsp;&nbsp;1034234 |
| City of Long Beach Marina System Revenue<br> Alamitos Bay Marina Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-44 | 750000 | &nbsp;&nbsp;771643 |
| City of Long Beach Marina System Revenue<br> Alamitos Bay Marina Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-45 | 360000 | &nbsp;&nbsp;368817 |
| City of Los Angeles Department of Airports<br> Los Angeles International Airport, AMT | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;05-15-43 | 1885000 | &nbsp;&nbsp;1729822 |
| City of Los Angeles Department of Airports<br> Los Angeles International Airport, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-48 | 900000 | &nbsp;&nbsp;916251 |
| City of Los Angeles Department of Airports<br> Los Angeles International Airport, Series A, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-44 | 1400000 | &nbsp;&nbsp;1254894 |
| City of Los Angeles Department of Airports<br> Los Angeles International Airport, Series F, AMT | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;05-15-49 | 950000 | &nbsp;&nbsp;640054 |
| City of Los Angeles Department of Airports<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-35 | 1000000 | &nbsp;&nbsp;1071007 |

---

11 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| City of Los Angeles Department of Airports<br> Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-43 | 2000000 | &nbsp;&nbsp;$2080954 |
| City of Los Angeles Department of Airports<br> Series D | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-48 | 2500000 | &nbsp;&nbsp;2584752 |
| City of Los Angeles Department of Airports<br> Series D | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-15-51 | 1000000 | &nbsp;&nbsp;1053326 |
| City of Los Angeles Department of Airports<br> Series G, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-47 | 1500000 | &nbsp;&nbsp;1303741 |
| City of Los Angeles Wastewater System Revenue<br> Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-50 | 4000000 | &nbsp;&nbsp;4225676 |
| City of Los Angeles Wastewater System Revenue<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-43 | 1400000 | &nbsp;&nbsp;1486451 |
| City of Ontario<br> Community Facilities District No. 56 | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-43 | 900000 | &nbsp;&nbsp;928147 |
| City of Oroville<br> Oroville Hospital | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;04-01-54 | 1000000 | &nbsp;&nbsp;759142 |
| City of Palm Desert<br> Community Facilities District No. 2021-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-44 | 1000000 | &nbsp;&nbsp;1009202 |
| City of Palm Desert<br> Community Facilities District No. 2021-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-53 | 525000 | &nbsp;&nbsp;520129 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;09-01-30 | 125000 | &nbsp;&nbsp;124303 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-35 | 200000 | &nbsp;&nbsp;204939 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-40 | 360000 | &nbsp;&nbsp;360495 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-45 | 560000 | &nbsp;&nbsp;543588 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-50 | 745000 | &nbsp;&nbsp;715922 |
| City of Rancho Cordova<br> Community Facilities District 2021-1 Improvement Area No. 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 700000 | &nbsp;&nbsp;663594 |
| City of Rocklin<br> Community Facilities District No. 10 Whitney (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-43 | 1950000 | &nbsp;&nbsp;1821463 |
| City of Sacramento<br> Greenbriar Community Facilities District No. 2018-3 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-50 | 100000 | &nbsp;&nbsp;82484 |
| City of San Francisco Public Utilities Commission Water Revenue<br> Local Water, Series C | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-50 | 1000000 | &nbsp;&nbsp;882784 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 12

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| City of San Francisco Public Utilities Commission Water Revenue<br> Regional and Local Water, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-48 | 2000000 | &nbsp;&nbsp;$2107917 |
| City of Vernon Electric System Revenue<br> Series 2022-A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 1080000 | &nbsp;&nbsp;1094154 |
| City of Victorville Electric Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-34 | 500000 | &nbsp;&nbsp;548415 |
| City of Victorville Electric Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-35 | 520000 | &nbsp;&nbsp;567204 |
| City of Victorville Electric Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-36 | 300000 | &nbsp;&nbsp;324928 |
| Coachella Valley Water District Stormwater System Revenue<br> Certificates of Participation, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-35 | 920000 | &nbsp;&nbsp;1025450 |
| Coachella Valley Water District Stormwater System Revenue<br> Certificates of Participation, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-36 | 975000 | &nbsp;&nbsp;1079480 |
| Coast Community College District<br> Series F, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-38 | 2175000 | &nbsp;&nbsp;1883491 |
| Compton Community Redevelopment Agency Successor Agency<br> Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-42 | 1155000 | &nbsp;&nbsp;1191475 |
| Contra Costa Water District<br> Water Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-53 | 900000 | &nbsp;&nbsp;940774 |
| County of Sacramento<br> Metro Air Park Community Facilities District No. 2000-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-47 | 1000000 | &nbsp;&nbsp;976620 |
| CSCDA Community Improvement Authority<br> 1818 Platinum Triangle Anaheim, Series A-2 (D) | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;04-01-57 | 1300000 | &nbsp;&nbsp;900559 |
| CSCDA Community Improvement Authority<br> Altana Glendale, Series A-1 (D) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;10-01-46 | 1000000 | &nbsp;&nbsp;779762 |
| CSCDA Community Improvement Authority<br> Altana Glendale, Series A-2 (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-56 | 1000000 | &nbsp;&nbsp;738429 |
| CSCDA Community Improvement Authority<br> Monterey Station Apartments, Series A-2 (D) | &nbsp;&nbsp;3.125 | &nbsp;&nbsp;07-01-56 | 1500000 | &nbsp;&nbsp;953687 |
| CSCDA Community Improvement Authority<br> Orange City Portfolio, Series A-2 (D) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;03-01-57 | 1700000 | &nbsp;&nbsp;1073331 |
| CSCDA Community Improvement Authority<br> Parallel Apartments Anaheim, Series A (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-56 | 1175000 | &nbsp;&nbsp;987858 |
| CSCDA Community Improvement Authority<br> The Link-Glendale, Series A-2 (D) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-56 | 600000 | &nbsp;&nbsp;444207 |
| Del Mar Union School District<br> Election of 2018, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-46 | 435000 | &nbsp;&nbsp;419589 |
| Downey Unified School District<br> Series C, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-45 | 1840000 | &nbsp;&nbsp;1398846 |
| Duarte Unified School District<br> Election of 2010, Series F, GO (A)(B) | &nbsp;&nbsp;4.814 | &nbsp;&nbsp;08-01-45 | 4645000 | &nbsp;&nbsp;1774643 |
| Duarte Unified School District<br> Election of 2020, Series B, GO (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-01-48 | 1035000 | &nbsp;&nbsp;989377 |

---

13 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| East Bay Municipal Utility District Water System Revenue<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-37 | 1520000 | &nbsp;&nbsp;$1735333 |
| El Dorado Irrigation District<br> Certificates of Participation, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;03-01-50 | 1000000 | &nbsp;&nbsp;884394 |
| El Monte Union High School District<br> Election of 2018, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-53 | 750000 | &nbsp;&nbsp;671814 |
| Encinitas Public Financing Authority<br> Lease Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-49 | 960000 | &nbsp;&nbsp;887146 |
| Encinitas Public Financing Authority<br> Lease Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-54 | 1000000 | &nbsp;&nbsp;909291 |
| Encinitas Public Financing Authority<br> Lease Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-41 | 190000 | &nbsp;&nbsp;203422 |
| Foothill-Eastern Transportation Corridor Agency<br> Series B-2 (A) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;01-15-53 | 2280000 | &nbsp;&nbsp;1837871 |
| Fresno Unified School District<br> Election of 2020, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-49 | 1050000 | &nbsp;&nbsp;953980 |
| Gavilan Joint Community College District<br> Election of 2018, Series C, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-50 | 2000000 | &nbsp;&nbsp;1821653 |
| Golden State Tobacco Securitization Corp.<br> Series B-2 (B) | &nbsp;&nbsp;5.513 | &nbsp;&nbsp;06-01-66 | 15650000 | &nbsp;&nbsp;1678821 |
| Golden State Tobacco Securitization Corp.<br> Tobacco Settlement, Series A-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-51 | 2500000 | &nbsp;&nbsp;2442813 |
| Imperial Community College District<br> Election of 2022, Series A, GO (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;08-01-53 | 205000 | &nbsp;&nbsp;213941 |
| Imperial Community College District<br> Election of 2022, Series B, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-54 | 1000000 | &nbsp;&nbsp;1027778 |
| Independent Cities Finance Authority<br> Union City Tropics | &nbsp;&nbsp;3.250 | &nbsp;&nbsp;05-15-39 | 1290000 | &nbsp;&nbsp;1127005 |
| Independent Cities Finance Authority<br> Union City Tropics | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-32 | 760000 | &nbsp;&nbsp;771677 |
| Inland Empire Tobacco Securitization Corp.<br> Series C-1 (B) | &nbsp;&nbsp;7.420 | &nbsp;&nbsp;06-01-36 | 6300000 | &nbsp;&nbsp;2833320 |
| Irvine Facilities Financing Authority<br> Great Park Infrastructure Project (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-58 | 1750000 | &nbsp;&nbsp;1556954 |
| Jefferson Union High School District<br> Measure Z, Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 400000 | &nbsp;&nbsp;421169 |
| Jefferson Union High School District<br> Measure Z, Series A, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-44 | 570000 | &nbsp;&nbsp;597091 |
| Jurupa Community Services District<br> Community Facilities District No. 31 Eastvale Project (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-38 | 1015000 | &nbsp;&nbsp;994173 |
| Jurupa Community Services District<br> Community Facilities District No. 31 Eastvale Project (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-42 | 1325000 | &nbsp;&nbsp;1256151 |
| Jurupa Unified School District<br> Election of 2024, Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 500000 | &nbsp;&nbsp;533816 |
| Jurupa Unified School District<br> Election of 2024, Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-44 | 500000 | &nbsp;&nbsp;530129 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 14

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| Jurupa Unified School District<br> Election of 2024, Series A, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-45 | 500000 | &nbsp;&nbsp;$526986 |
| La Canada Irrigation District<br> Water System Improvement Projects | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-50 | 2000000 | &nbsp;&nbsp;2058549 |
| La Mesa-Spring Valley School District<br> Election of 2020, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-42 | 200000 | &nbsp;&nbsp;191707 |
| La Mesa-Spring Valley School District<br> Election of 2020, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-51 | 550000 | &nbsp;&nbsp;499473 |
| La Mesa-Spring Valley School District<br> Election of 2020, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-48 | 1835000 | &nbsp;&nbsp;1679357 |
| Lake Tahoe Unified School District<br> Election of 2008, GO (0.000% to 8-1-32, then 6.375% thereafter) (A) | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;08-01-45 | 70000 | &nbsp;&nbsp;56055 |
| Las Virgenes Unified School District<br> Election of 2022, Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 1930000 | &nbsp;&nbsp;2082106 |
| Long Beach Bond Finance Authority<br> Lease Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-31 | 325000 | &nbsp;&nbsp;364011 |
| Long Beach Bond Finance Authority<br> Lease Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-46 | 1000000 | &nbsp;&nbsp;1038517 |
| Long Beach Bond Finance Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-35 | 1575000 | &nbsp;&nbsp;1667365 |
| Long Beach Community College District<br> Election of 2016, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-45 | 15000 | &nbsp;&nbsp;13815 |
| Long Beach Unified School District<br> Election of 2016, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-53 | 2345000 | &nbsp;&nbsp;2090345 |
| Los Angeles Community College District<br> Election of 2008, Series K, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-39 | 1380000 | &nbsp;&nbsp;1168700 |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue<br> Measure R, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-38 | 1000000 | &nbsp;&nbsp;1116948 |
| Los Angeles County Public Works Financing Authority<br> Series H | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-53 | 1000000 | &nbsp;&nbsp;866560 |
| Los Angeles County Public Works Financing Authority<br> Series H | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;12-01-53 | 2000000 | &nbsp;&nbsp;2086546 |
| Los Angeles Department of Water & Power<br> Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;07-01-45 | 1000000 | &nbsp;&nbsp;1045557 |
| Los Angeles Department of Water & Power<br> Series B | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-30 | 4980000 | &nbsp;&nbsp;5057682 |
| Los Angeles Department of Water & Power<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-50 | 2000000 | &nbsp;&nbsp;1994280 |
| Los Angeles Department of Water & Power<br> Series C | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-42 | 2500000 | &nbsp;&nbsp;2567911 |
| Manhattan Beach Unified School District<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-45 | 735000 | &nbsp;&nbsp;683202 |
| Menlo Park City School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-38 | 255000 | &nbsp;&nbsp;260994 |
| Menlo Park City School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-39 | 300000 | &nbsp;&nbsp;304740 |
| Menlo Park City School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-40 | 600000 | &nbsp;&nbsp;605615 |
| Menlo Park City School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-41 | 1000000 | &nbsp;&nbsp;1002179 |

---

15 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| Miracosta Community College District<br> Certificates of Participation, 2023 School Financing Project | &nbsp;&nbsp;4.500 | &nbsp;&nbsp;07-01-53 | 1000000 | &nbsp;&nbsp;$990194 |
| Moreno Valley Unified School District<br> Election of 2014, Series C, GO (A) | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-46 | 1945000 | &nbsp;&nbsp;1467093 |
| Moreno Valley Unified School District<br> Election of 2014, Series D, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-45 | 1000000 | &nbsp;&nbsp;926992 |
| Mount San Antonio Community College District<br> Election of 2008, Series E, GO (B) | &nbsp;&nbsp;4.844 | &nbsp;&nbsp;08-01-45 | 3010000 | &nbsp;&nbsp;1143212 |
| M-S-R Energy Authority<br> Series B | &nbsp;&nbsp;6.500 | &nbsp;&nbsp;11-01-39 | 1500000 | &nbsp;&nbsp;1768548 |
| Needles Unified School District<br> Election of 2008, Series B, GO (0.00% to 8-1-33, then 7.450% thereafter) (A) | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;08-01-45 | 285000 | &nbsp;&nbsp;233848 |
| Northern California Energy Authority<br> Commodity Supply Revenue | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-54 | 1560000 | &nbsp;&nbsp;1629610 |
| Oak Grove School District<br> Series A-2, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-49 | 1980000 | &nbsp;&nbsp;1790486 |
| Oak Valley Hospital District<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;11-01-36 | 25000 | &nbsp;&nbsp;18208 |
| Ontario Public Financing Authority<br> Civic Center Improvements, Series A (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-52 | 1195000 | &nbsp;&nbsp;1212163 |
| Ontario Public Financing Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-50 | 2000000 | &nbsp;&nbsp;2046965 |
| Orange County Community Facilities District<br> 2017-1 Esencia Village Improvement Area No. 1, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-47 | 1565000 | &nbsp;&nbsp;1570043 |
| Orange County Community Facilities District<br> No. 2021-1 Rienda, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-15-52 | 500000 | &nbsp;&nbsp;502068 |
| Orange County Community Facilities District<br> Rienda Phase 2B | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;08-15-53 | 700000 | &nbsp;&nbsp;722234 |
| Pacifica School District<br> Series C, GO (A)(B) | &nbsp;&nbsp;3.331 | &nbsp;&nbsp;08-01-26 | 1000000 | &nbsp;&nbsp;961878 |
| Palmdale Water District Public Financing Authority<br> Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-49 | 2500000 | &nbsp;&nbsp;2268800 |
| Palmdale Water District Public Financing Authority<br> Series A (A) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;10-01-50 | 1000000 | &nbsp;&nbsp;924320 |
| Paradise Unified School District<br> Election of 2018, Series D, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-52 | 420000 | &nbsp;&nbsp;423300 |
| Pasadena Public Financing Authority<br> Rose Bowl Renovation Project (B) | &nbsp;&nbsp;4.903 | &nbsp;&nbsp;06-01-44 | 1000000 | &nbsp;&nbsp;397395 |
| Pasadena Public Financing Authority<br> Rose Bowl Renovation Project (B) | &nbsp;&nbsp;4.956 | &nbsp;&nbsp;06-01-45 | 1150000 | &nbsp;&nbsp;430866 |
| Pasadena Public Financing Authority<br> Rose Bowl Renovation Project (B) | &nbsp;&nbsp;5.012 | &nbsp;&nbsp;06-01-46 | 1000000 | &nbsp;&nbsp;352706 |
| Perris Joint Powers Authority<br> Community Facilities Disctrict No. 2021-1 & 2022-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-35 | 1115000 | &nbsp;&nbsp;1147497 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 16

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| Perris Joint Powers Authority<br> Community Facilities Disctrict No. 2021-1 & 2022-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-40 | 1795000 | &nbsp;&nbsp;$1804078 |
| Pismo Beach Public Financing Agency<br> Public Safety Facility Project, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;12-01-54 | 1250000 | &nbsp;&nbsp;1115909 |
| Port of Los Angeles<br> Series 2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-36 | 500000 | &nbsp;&nbsp;538058 |
| Port of Los Angeles<br> Series 2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-37 | 750000 | &nbsp;&nbsp;799831 |
| Port of Los Angeles<br> Series 2, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-38 | 500000 | &nbsp;&nbsp;528004 |
| Poway Public Financing Authority<br> Series A (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-53 | 2000000 | &nbsp;&nbsp;2120197 |
| Redwood City Public Facilities & Infrastructure Authority<br> Veterans Memorial Building Senior Center | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;06-01-51 | 1820000 | &nbsp;&nbsp;1266444 |
| Rialto Public Financing Authority<br> Police Station Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;06-01-53 | 1000000 | &nbsp;&nbsp;1037332 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2003-1, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-48 | 1000000 | &nbsp;&nbsp;972815 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2016-1 (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;09-01-42 | 1000000 | &nbsp;&nbsp;961786 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2016-1 (A) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09-01-52 | 400000 | &nbsp;&nbsp;408297 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2023-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-39 | 1000000 | &nbsp;&nbsp;1009321 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2023-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-48 | 500000 | &nbsp;&nbsp;482486 |
| River Islands Public Financing Authority<br> Community Facilities District No. 2023-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 500000 | &nbsp;&nbsp;476834 |
| River Islands Public Financing Authority<br> Lathrop Irrigation District (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-35 | 1125000 | &nbsp;&nbsp;1138704 |
| Riverside County Transportation Commission<br> Route 91 Express Lanes, Series C | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-47 | 2035000 | &nbsp;&nbsp;1773605 |
| Sacramento City Unified School District<br> Measure H, Series B, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-54 | 920000 | &nbsp;&nbsp;806129 |
| Sacramento City Unified School District<br> Series B, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 990000 | &nbsp;&nbsp;1042685 |
| Sacramento Municipal Utility District<br> Series H | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-45 | 650000 | &nbsp;&nbsp;595785 |
| Sacramento Municipal Utility District<br> Series M | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-15-54 | 1000000 | &nbsp;&nbsp;1036949 |
| Salinas Union High School District<br> Series A, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-47 | 1200000 | &nbsp;&nbsp;1101313 |
| Salinas Union High School District<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-49 | 1200000 | &nbsp;&nbsp;1084410 |
| San Bernardino Community College District<br> Election of 2002, Series D, GO (B) | &nbsp;&nbsp;3.421 | &nbsp;&nbsp;08-01-33 | 2000000 | &nbsp;&nbsp;1513378 |

---

17 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| San Bernardino Community College District<br> Election of 2008, Series B, GO (B) | &nbsp;&nbsp;4.695 | &nbsp;&nbsp;08-01-44 | 1530000 | &nbsp;&nbsp;$626788 |
| San Diego Community College District<br> Series A-1, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-50 | 1050000 | &nbsp;&nbsp;943822 |
| San Diego County Regional Airport Authority<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-46 | 2000000 | &nbsp;&nbsp;1823743 |
| San Diego County Regional Airport Authority<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-51 | 1975000 | &nbsp;&nbsp;1752968 |
| San Diego County Regional Airport Authority<br> Series B, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-39 | 1000000 | &nbsp;&nbsp;937969 |
| San Diego County Regional Airport Authority<br> Series B, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-56 | 855000 | &nbsp;&nbsp;701737 |
| San Diego County Regional Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-53 | 5000000 | &nbsp;&nbsp;4932072 |
| San Diego County Regional Airport Authority<br> Series B, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-56 | 1000000 | &nbsp;&nbsp;980748 |
| San Diego Public Facilities Financing Authority<br> Capital Improvement Projects, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-15-54 | 2000000 | &nbsp;&nbsp;2044356 |
| San Diego Unified School District<br> Election of 2008, Series K-2, GO (B) | &nbsp;&nbsp;3.963 | &nbsp;&nbsp;07-01-33 | 205000 | &nbsp;&nbsp;149038 |
| San Diego Unified School District<br> Election of 2012, Series O-2, GO | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;07-01-47 | 1460000 | &nbsp;&nbsp;1399711 |
| San Diego Unified School District<br> Election of 2012, Series ZR-5C, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-39 | 1000000 | &nbsp;&nbsp;1103987 |
| San Diego Unified School District<br> Election of 2018, Series H-2, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-45 | 2345000 | &nbsp;&nbsp;2173637 |
| San Diego Unified School District<br> Election of 2022, Series A-3, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-53 | 2415000 | &nbsp;&nbsp;2155568 |
| San Diego Unified School District<br> Election of 2022, Series B-3, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-54 | 950000 | &nbsp;&nbsp;835377 |
| San Francisco Bay Area Rapid Transit District<br> Election of 2016, Series D1, GO (E) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-37 | 2810000 | &nbsp;&nbsp;2814551 |
| San Francisco Bay Area Rapid Transit District<br> Election of 2016, Series D1, GO | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-01-52 | 7180000 | &nbsp;&nbsp;6730047 |
| San Francisco City & County Airport Commission<br> San Francisco International Airport, Series A, AMT | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-01-40 | 1530000 | &nbsp;&nbsp;1610198 |
| San Francisco City & County Airport Commission<br> Series A, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-49 | 10000 | &nbsp;&nbsp;10044 |
| San Francisco City & County Airport Commission<br> Series A, AMT | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-01-49 | 660000 | &nbsp;&nbsp;563893 |
| San Francisco City & County Airport Commission<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-38 | 1000000 | &nbsp;&nbsp;1036809 |
| San Francisco City & County Airport Commission<br> Series A, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-52 | 1495000 | &nbsp;&nbsp;1468995 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 18

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| San Francisco City & County Airport Commission<br> Series A, AMT (E) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;05-01-55 | 11705000 | &nbsp;&nbsp;$11835936 |
| San Francisco City & County Airport Commission<br> Series A, AMT | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;05-01-55 | 100000 | &nbsp;&nbsp;103754 |
| San Francisco City & County Airport Commission<br> Series C, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-01-32 | 600000 | &nbsp;&nbsp;642691 |
| San Francisco City & County Airport Commission<br> SFO Fuel Company, AMT | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-47 | 1875000 | &nbsp;&nbsp;1844004 |
| San Francisco City & County Public Utilities Commission Wastewater Revenue<br> Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;10-01-51 | 1105000 | &nbsp;&nbsp;969392 |
| San Francisco City & County Redevelopment Successor Agency<br> Mission Bay Project, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-43 | 375000 | &nbsp;&nbsp;374002 |
| San Joaquin Hills Transportation Corridor Agency<br> Series A (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;01-15-50 | 370000 | &nbsp;&nbsp;329468 |
| San Joaquin Valley Clean Energy Authority<br> Clean Energy Project, Series A | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;01-01-56 | 4305000 | &nbsp;&nbsp;4663631 |
| San Jose Evergreen Community College District<br> Election of 2016, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-43 | 950000 | &nbsp;&nbsp;920096 |
| San Jose Financing Authority<br> Series B | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;11-01-52 | 1000000 | &nbsp;&nbsp;1036648 |
| San Luis Obispo Public Financing Authority<br> Cultural Arts District Parking Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;12-01-53 | 1490000 | &nbsp;&nbsp;1556886 |
| San Mateo Foster City School District<br> Election of 2020, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-42 | 950000 | &nbsp;&nbsp;933899 |
| San Mateo Foster City School District<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-51 | 545000 | &nbsp;&nbsp;500270 |
| San Rafael City Elementary School District<br> Election of 2022, Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-54 | 1000000 | &nbsp;&nbsp;880433 |
| San Rafael City Elementary School District<br> Election of 2022, Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-49 | 500000 | &nbsp;&nbsp;520981 |
| San Ysidro School District<br> Series A, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-43 | 1295000 | &nbsp;&nbsp;1229313 |
| Santa Ana Unified School District<br> Election of 2018, Series C, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-44 | 2000000 | &nbsp;&nbsp;1884036 |
| Santa Barbara Finance Authority<br> Public Safety and Park Projects | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;05-15-54 | 895000 | &nbsp;&nbsp;788593 |
| Santa Clara Valley Water District Safe Clean Water Revenue<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-47 | 1000000 | &nbsp;&nbsp;1056083 |
| Santa Cruz County Capital Financing Authority<br> Green Bond | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;06-01-48 | 1005000 | &nbsp;&nbsp;946835 |
| Santa Maria Joint Union High School District<br> Election of 2016, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-41 | 1000000 | &nbsp;&nbsp;801796 |

---

19 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| Santa Maria Joint Union High School District<br> Election of 2016, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-42 | 1670000 | &nbsp;&nbsp;$1314087 |
| Santa Monica Community College District<br> Series B, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-45 | 1155000 | &nbsp;&nbsp;1088982 |
| Santa Monica-Malibu Unified School District<br> Election of 2018, Series B, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-38 | 35000 | &nbsp;&nbsp;30109 |
| Savanna School District<br> Election of 2008, Series B, GO (0.000% to 8-1-34, then 6.750% thereafter) (A) | &nbsp;&nbsp;0.000 | &nbsp;&nbsp;02-01-52 | 3670000 | &nbsp;&nbsp;2859524 |
| Sebastopol Union School District<br> Series B, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-53 | 2530000 | &nbsp;&nbsp;2618613 |
| Shasta Union High School District<br> Election of 2016, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-50 | 1500000 | &nbsp;&nbsp;1320403 |
| Southern California Public Power Authority<br> Natural Gas Project, Series A | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;11-01-26 | 2000000 | &nbsp;&nbsp;2032095 |
| Southern California Public Power Authority<br> Southern Transmission System Renewal Project, Series 2024-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;07-01-53 | 1750000 | &nbsp;&nbsp;1734180 |
| State of California, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-52 | 575000 | &nbsp;&nbsp;511891 |
| State of California, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-33 | 1000000 | &nbsp;&nbsp;1130165 |
| Stockton Community Facilities District<br> Imporvement Area No. 3, Westlake Villages | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 550000 | &nbsp;&nbsp;546332 |
| Stockton Unified School District, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-38 | 905000 | &nbsp;&nbsp;986667 |
| Stockton Unified School District, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-41 | 500000 | &nbsp;&nbsp;533905 |
| Sweetwater Union High School District<br> Election of 2018, Series A-1, GO | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-52 | 2000000 | &nbsp;&nbsp;2063958 |
| Tejon Ranch Public Facilities Finance Authority<br> Community Facilities District No. 2008-1, Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-54 | 2460000 | &nbsp;&nbsp;2360112 |
| Temecula Valley Unified School District<br> Series D, GO | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;08-01-47 | 2000000 | &nbsp;&nbsp;1489233 |
| The El Camino Community College District Fountation<br> Election of 2012, Series E, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-42 | 1175000 | &nbsp;&nbsp;1137340 |
| Three Rivers Levee Improvement Authority<br> Community Facilities District No. 2006-1, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-51 | 1000000 | &nbsp;&nbsp;813499 |
| Transbay Joint Powers Authority<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-32 | 345000 | &nbsp;&nbsp;356391 |
| Union Elementary School District<br> Election of 2022, Series A, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;09-01-52 | 1000000 | &nbsp;&nbsp;901484 |
| University of California<br> Series AZ | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-48 | 1500000 | &nbsp;&nbsp;1516308 |
| University of California<br> Series BK | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-52 | 1720000 | &nbsp;&nbsp;1760641 |
| University of California<br> Series BM | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-39 | 1000000 | &nbsp;&nbsp;1077535 |
| University of California<br> Series BV | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-41 | 6520000 | &nbsp;&nbsp;6970207 |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 20

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **California (continued)** |  |  |  |  |
| University of California<br> Series BV | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-43 | 1000000 | &nbsp;&nbsp;$1054313 |
| University of California<br> Series BV | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;05-15-44 | 500000 | &nbsp;&nbsp;524625 |
| Val Verde Unified School District<br> Election of 2020, Series B, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-51 | 1345000 | &nbsp;&nbsp;1166433 |
| Vista Unified School District<br> Series B, GO (A) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;08-01-44 | 1500000 | &nbsp;&nbsp;1474321 |
| Vista Unified School District<br> Series B, GO (A) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;08-01-42 | 1000000 | &nbsp;&nbsp;1048058 |
| West Contra Costa Unified School District<br> Election of 2020, Series B, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-54 | 1000000 | &nbsp;&nbsp;867630 |
| West Hollywood Public Financing Authority<br> Series A | &nbsp;&nbsp;3.000 | &nbsp;&nbsp;04-01-42 | 2000000 | &nbsp;&nbsp;1611592 |
| William S. Hart Union High School District<br> Community Facilities District No. 2015-1 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;09-01-47 | 1000000 | &nbsp;&nbsp;975330 |
| Windsor Unified School District<br> Election of 2016, GO (A) | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-46 | 2100000 | &nbsp;&nbsp;1931907 |
| **Connecticut 0.2%** |  |  |  | &nbsp;&nbsp;**854171** |
| Town of Hamden<br> Whitney Center Project | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;01-01-50 | 1000000 | &nbsp;&nbsp;854171 |
| **District of Columbia 0.4%** |  |  |  | &nbsp;&nbsp;**1998409** |
| Washington Metropolitan Area Transit Authority Dedicated Revenue<br> Series A | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;07-15-56 | 2250000 | &nbsp;&nbsp;1998409 |
| **Florida 0.2%** |  |  |  | &nbsp;&nbsp;**880277** |
| Halifax Hospital Medical Center<br> Daytona Beach | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;06-01-54 | 1000000 | &nbsp;&nbsp;880277 |
| **Ohio 0.8%** |  |  |  | &nbsp;&nbsp;**4264322** |
| Buckeye Tobacco Settlement Financing Authority<br> Series A-2, Class 1 | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;06-01-48 | 1250000 | &nbsp;&nbsp;1044110 |
| Buckeye Tobacco Settlement Financing Authority<br> Series B-2, Class 2 | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06-01-55 | 1245000 | &nbsp;&nbsp;1077229 |
| Cleveland-Cuyahoga County Port Authority<br> Cleveland Museum of Natural History | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-51 | 1000000 | &nbsp;&nbsp;822812 |
| Port of Greater Cincinnati Development Authority<br> Duke Energy Convention Center Project, Series B (A) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;12-01-58 | 1475000 | &nbsp;&nbsp;1320171 |
| **Puerto Rico 1.4%** |  |  |  | &nbsp;&nbsp;**7566536** |
| Puerto Rico Commonwealth<br> CW Guarantee Bond Claims, GO (B) | &nbsp;&nbsp;2.771 | &nbsp;&nbsp;11-01-43 | 4391429 | &nbsp;&nbsp;2634857 |
| Puerto Rico Commonwealth<br> Series A-1, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-41 | 2500000 | &nbsp;&nbsp;2141112 |

---

21 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | &nbsp;&nbsp;**Value** |
| **Puerto Rico (continued)** |  |  |  |  |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-1 (B) | &nbsp;&nbsp;5.485 | &nbsp;&nbsp;07-01-46 | 3825000 | &nbsp;&nbsp;$1220421 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-1 (B) | &nbsp;&nbsp;5.631 | &nbsp;&nbsp;07-01-51 | 3450000 | &nbsp;&nbsp;809423 |
| Puerto Rico Sales Tax Financing Corp.<br> Sales Tax Revenue, Series A-2 | &nbsp;&nbsp;4.784 | &nbsp;&nbsp;07-01-58 | 850000 | &nbsp;&nbsp;760723 |
| **South Dakota 0.5%** |  |  |  | &nbsp;&nbsp;**2629006** |
| South Dakota Health & Educational Facilities Authority<br> Avera Health, Series A | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;07-01-42 | 2890000 | &nbsp;&nbsp;2629006 |
| **Texas 0.7%** |  |  |  | &nbsp;&nbsp;**3522797** |
| City of Pearland<br> Series C, GO | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;09-01-54 | 2000000 | &nbsp;&nbsp;1811643 |
| Corpus Christi Independent School District, GO | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-15-54 | 1000000 | &nbsp;&nbsp;862864 |
| Via Metropolitan Transit Advanced Transportation District<br> Sales Tax Revenue | &nbsp;&nbsp;4.000 | &nbsp;&nbsp;08-01-54 | 1000000 | &nbsp;&nbsp;848290 |
| **Virgin Islands 0.4%** |  |  |  | &nbsp;&nbsp;**1917861** |
| Matching Fund Special Purpose Securitization Corp.<br> Series A | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10-01-39 | 2000000 | &nbsp;&nbsp;1917861 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Closed-end funds 0.4%** |  | &nbsp;&nbsp;**$1912900** |
| (Cost $2,032,816) |  |  |
| Blackrock MuniHoldings California Quality Fund, Inc. | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;1912900 |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | &nbsp;&nbsp;**Value** |
| **Short-term investments 0.0%** |  |  | **$803** |
| (Cost $803) |  |  |  |
| **Short-term funds 0.0%** |  |  |  |
| John Hancock Collateral Trust (F) | &nbsp;&nbsp;4.2439(G) | 80 | &nbsp;&nbsp;803 |
| **Total investments (Cost $547,354,224) 101.7%** | **Total investments (Cost $547,354,224) 101.7%** |  | **$527975686** |
| **Other assets and liabilities, net (1.7%)** |  |  | &nbsp;&nbsp;**(8689638)** |
| **Total net assets 100.0%** |  |  | &nbsp;&nbsp;**$519286048** |

---

&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 |
| (A) | Bond is insured by one or more of the companies listed in the insurance coverage table below. |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 22

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

(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) Security purchased or sold on a when-issued or delayed-delivery basis.

(D) 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.

(E) All or a portion of this security represents the municipal bond held by a trust that issues residual inverse floating rate interests. See Note 2 for more information.

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

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

At 5-31-25, the aggregate cost of investments for federal income tax purposes was $546,471,095. Net unrealized depreciation aggregated to $18,495,409, of which $3,416,236 related to gross unrealized appreciation and $21,911,645 related to gross unrealized depreciation.

---

| | |
|:---|:---|
| **Insurance coverage** | &nbsp;&nbsp;**As a % of total<br> investments** |
| Build America Mutual Assurance Company | &nbsp;&nbsp;&nbsp;&nbsp;5.9 |
| Assured Guaranty Municipal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5.6 |
| California Mortgage Insurance | &nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Assured Guaranty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| National Public Finance Guarantee Corp. | &nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| **TOTAL** | &nbsp;&nbsp;**13.3** |

---

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

---

| | |
|:---|:---|
| **General obligation bonds** | &nbsp;&nbsp;&nbsp;**23.0%** |
| **Revenue bonds** | &nbsp;&nbsp;&nbsp;**76.6%** |
| Other revenue | &nbsp;&nbsp;&nbsp;&nbsp;16.3% |
| Health care | &nbsp;&nbsp;&nbsp;&nbsp;12.2% |
| Education | &nbsp;&nbsp;&nbsp;&nbsp;10.0% |
| Airport | &nbsp;&nbsp;&nbsp;&nbsp;8.5% |
| Facilities | &nbsp;&nbsp;&nbsp;&nbsp;7.2% |
| Water and sewer | &nbsp;&nbsp;&nbsp;&nbsp;6.5% |
| Housing | &nbsp;&nbsp;&nbsp;&nbsp;4.2% |
| Development | &nbsp;&nbsp;&nbsp;&nbsp;3.7% |
| Tobacco | &nbsp;&nbsp;&nbsp;&nbsp;3.6% |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;2.6% |
| Transportation | &nbsp;&nbsp;&nbsp;&nbsp;1.8% |
| **Closed-end funds** | &nbsp;&nbsp;&nbsp;&nbsp;**0.4%** |
| **TOTAL** | **100.0%** |

---

23 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

Financial statements

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

------

---

| | |
|:---|:---|
| **Assets** |  |
| Unaffiliated investments, at value (Cost $547,353,421) | &nbsp;&nbsp;&nbsp;&nbsp;$527974883 |
| Affiliated investments, at value (Cost $803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803 |
| **Total investments, at value (Cost $547,354,224)** | &nbsp;&nbsp;&nbsp;&nbsp;**527975686** |
| Dividends and interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6643603 |
| Receivable for fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135084 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1041065 |
| Other assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30008 |
| **Total assets** | &nbsp;&nbsp;&nbsp;&nbsp;**536825446** |
| **Liabilities** |  |
| Payable for floating rate interests issued | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11230000 |
| Due to custodian | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2124431 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40165 |
| Payable for delayed-delivery securities purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3201879 |
| Payable for fund shares repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601282 |
| Payable to affiliates |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699 |
| Other liabilities and accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108710 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17539398** |
| **Net assets** | &nbsp;&nbsp;**$519286048** |
| **Net assets consist of** |  |
| Paid-in capital | &nbsp;&nbsp;&nbsp;&nbsp;$547685273 |
| Total distributable earnings (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28399225) |
| **Net assets** | &nbsp;&nbsp;**$519286048** |
| **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 ($287,175,615 ÷ 30,189,636 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.51 |
| Class C ($3,369,973 ÷ 354,272 shares)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.51 |
| Class I ($160,447,344 ÷ 16,857,884 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.52 |
| Class R6 ($68,293,116 ÷ 7,172,364 shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9.52 |
| **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;$9.91 |

---

&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.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK California Municipal Bond Fund 24

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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

------

---

| | |
|:---|:---|
| **Investment income** |  |
| Interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19952516 |
| Dividends from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294790 |
| Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96761 |
| **Total investment income** | &nbsp;&nbsp;&nbsp;**20344067** |
| **Expenses** |  |
| Investment management fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2405068 |
| Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433418 |
| Interest expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204983 |
| Accounting and legal services fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89581 |
| Transfer agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258641 |
| Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10901 |
| Custodian fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74833 |
| State registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44572 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35915 |
| Professional fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88789 |
| Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28524 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;&nbsp;**3675225** |
| Less expense reductions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(579300) |
| **Net expenses** | &nbsp;&nbsp;&nbsp;&nbsp;**3095925** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;**17248142** |
| **Realized and unrealized gain (loss)** |  |
| **Net realized gain (loss) on** |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;(5150042) |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2821 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**(5147221)** |
| **Change in net unrealized appreciation (depreciation) of** |  |
| Unaffiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;(17462557) |
| Affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(101) |
|  | &nbsp;&nbsp;**(17462658)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**(22609879)** |
| **Decrease in net assets from operations** | &nbsp;&nbsp;**$(5361737)** |

---

25 JOHN HANCOCK California Municipal Bond Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_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;$17248142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11380094 |
| Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;(5147221) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4734115) |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;(17462658) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350042 |
| **Increase (decrease) in net assets resulting from operations** | &nbsp;&nbsp;&nbsp;&nbsp;**(5361737)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12996021** |
| **Distributions to shareholders** |  |  |
| From earnings |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;(9211111) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6919615) |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106175) |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;(5150015) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2654619) |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;(2301926) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1374654) |
| **Total distributions** | &nbsp;&nbsp;**(16763389)** | &nbsp;&nbsp;&nbsp;&nbsp;**(11055063)** |
| **From fund share transactions** | &nbsp;&nbsp;**163522634** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**89668546** |
| **Total increase** | &nbsp;&nbsp;**141397508** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**91609504** |
| **Net assets** |  |  |
| Beginning of year | &nbsp;&nbsp;&nbsp;377888540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286279036 |
| **End of year** | **$519286048** | &nbsp;&nbsp;**$377888540** |

---

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK California Municipal Bond Fund 26

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_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;**$9.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.66** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.46** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.07)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.57)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.70** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) |
| 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;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.33)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.34)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.30)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.51** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.06** |
| **Total return (%)<sup>2,3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.14)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.55)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.26)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.64** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$181 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 |

---

&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> Does not reflect the effect of sales charges, if any.

<sup>4</sup> Includes interest expense of 0.04%, 0.06% and 0.04% for the periods ended 5-31-25, 5-31-24 and 5-31-23, respectively.

27 JOHN HANCOCK California Municipal Bond Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_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;**$9.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.06** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.66** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.08)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.39** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.14)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.65)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.62** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) |
| 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;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.27)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.26)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.27)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.27)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.22)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.51** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.86** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.14** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.06** |
| **Total return (%)<sup>2,3</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.89)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.29)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.97)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.85** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions<sup>4</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 |

---

&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> Does not reflect the effect of sales charges, if any.

<sup>4</sup> Includes interest expense of 0.04%, 0.06% and 0.04% for the periods ended 5-31-25, 5-31-24 and 5-31-23, respectively.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK California Municipal Bond Fund 28

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_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;**$9.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.15** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.66** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.32 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.49** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.06)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.55)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.73** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) |
| 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;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.36)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.36)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.37)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.32)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.52** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.73** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.15** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** |
| **Total return (%)<sup>2</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.01** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.12** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.50)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.11)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.90** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.90 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 |

---

&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> Includes interest expense of 0.04%, 0.06% and 0.04% for the periods ended 5-31-25, 5-31-24 and 5-31-23, respectively.

29 JOHN HANCOCK California Municipal Bond Fund \| SEE NOTES TO FINANCIAL STATEMENTS

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_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;**$9.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.74** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.15** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.66** |
| Net investment income<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.32 |
| Net realized and unrealized gain (loss) on investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.83) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41 |
| **Total from investment operations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.02** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.48** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.05)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.54)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.73** |
| **Less distributions** |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) |
| 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;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.37)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.35)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.36)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.38)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.32)** |
| **Net asset value, end of period** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.52** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9.74** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10.15** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11.07** |
| **Total return (%)<sup>2</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.07** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.03** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.38)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.08)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.93** |
| **Ratios and supplemental data** |  |  |  |  |  |
| Net assets, end of period (in millions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9 |
| Ratios (as a percentage of average net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses before reductions<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 |
| &nbsp;&nbsp;&nbsp;Expenses including reductions<sup>3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65 |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.93 |
| Portfolio turnover (%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 |

---

&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> Includes interest expense of 0.04%, 0.06% and 0.04% for the periods ended 5-31-25, 5-31-24 and 5-31-23, respectively.

SEE NOTES TO FINANCIAL STATEMENTS \| JOHN HANCOCK California Municipal Bond Fund 30

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

Notes to financial statements

#### Note 1 — Organization
John Hancock California Municipal Bond Fund (the fund) is a series of John Hancock California Tax-Free Income Fund (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, consistent with preservation of capital, that is exempt from federal and California personal income taxes.

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 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.

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.

31 JOHN HANCOCK California Municipal Bond Fund \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$526061983** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$526061983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Closed-end funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1912900** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1912900 | &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;**803** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$527975686** | **$1913703** | **$526061983** | **—** |

---

The fund holds liabilities for which the fair value approximates the carrying amount for financial statement purposes. As of May 31, 2025, the liability for the fund's Payable for floating rate interests issued on the Statement of assets and liabilities is categorized as Level 2 within the disclosure hierarchy.

**When-issued/delayed-delivery securities. The fund 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 fund 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 fund enters into this type of transaction, the fund 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.

**Tender option bond transactions. The fund may use tender option bond transactions to seek to enhance potential gains. In a tender option bond transaction, the fund transfers fixed rate long-term municipal bonds or other municipal securities into a special purpose entity (TOB trust). A TOB trust typically issues two classes of beneficial interest - 1) floating rate interests (TOB floaters), which are sold to third party investors, and 2) residual inverse floating rate interests (TOB inverse residuals), which are generally issued to the fund. The fund may invest in TOB inverse residuals and may also invest in TOB floaters. The fund establishes and is the sponsor of the TOB**

\| JOHN HANCOCK California Municipal Bond Fund 32

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

trust that issues TOB floaters and TOB inverse residuals. The fund's participation in tender option bond transactions may increase volatility and/or reduce the fund's returns. Tender option bond transactions create leverage. Leverage magnifies returns, both positive and negative, and risk by magnifying the volatility of returns. An investment in a tender option bond transaction typically involves greater risk than investing in the underlying municipal fixed rate bonds, including the risk of loss of principal. Distributions on TOB inverse residuals will bear an inverse relationship to short-term municipal security interest rates. Distributions on TOB inverse residuals paid to the fund will be reduced or, in the extreme, eliminated as short-term municipal interest rates rise and will increase when short-term municipal interest rates fall. TOB inverse residuals generally will underperform the market for fixed rate municipal securities in a rising interest rate environment. The interest payment on TOB inverse residuals generally will decrease when short-term interest rates increase.

Pursuant to generally accepted accounting principles for transfers and servicing of financial assets and extinguishment of liabilities, the fund accounts for the transaction described above as a secured borrowing by including the bond transferred to the TOB trust in the Fund's investments and the TOB floaters as a liability under the caption Payable for floating rate interests issued on the Statement of assets and liabilities. The TOB floaters have interest rates that generally reset daily or weekly and their holders have the option to tender their notes to the TOB trust for redemption at par at each reset date. Accordingly, the fair value of the payable for floating rate notes issued approximates its carrying value. The fund recognizes earnings of bonds transferred to the TOB Trust as Interest income. The fund recognizes interest paid to holders of the TOB floaters, and expenses related to remarketing, administration, trustee, liquidity and other services to the TOB trust, as Interest expense on the Statement of operations.

At May 31, 2025, the amount of the fund's TOB floaters and related interest rates and collateral were as follows:

---

| | |
|:---|:---|
| TOB floaters outstanding | &nbsp;&nbsp;$11230000 |
| Interest rate (%) | &nbsp;&nbsp;2.79% |
| Collateral for TOB floaters outstanding | &nbsp;&nbsp;$14650487 |

---

For the year ended May 31, 2025, the fund's average settled TOB Floaters outstanding and the average interest rate, including fees, were as follows:

---

| | |
|:---|:---|
| Average TOB floaters outstanding | &nbsp;&nbsp;$5851370 |
| Average interest rate (%) | &nbsp;&nbsp;3.50% |

---

TOB trusts are typically supported by a liquidity facility provided by a third-party bank or other financial institution (the liquidity provider) that allows the holders of the TOB floaters to tender their certificates in exchange for payment of par plus accrued interest on any business day, subject to the non-occurrence of tender option termination events. The fund may invest in TOB inverse residuals on a non-recourse or recourse basis. When the fund invests in a TOB trust on a non-recourse basis, and the liquidity provider is required to make a payment under the liquidity facility, the liquidity provider will typically liquidate all or a portion of the municipal securities held in the TOB trust and then fund the balance, if any, of the amount owed under the liquidity facility over the liquidation proceeds (the liquidation shortfall). If the fund invests in a TOB trust on a recourse basis, the fund will typically enter into a reimbursement agreement with the liquidity provider where the fund is required to reimburse the liquidity provider the amount of any liquidation shortfall. As a result, if the fund invests in a TOB trust on a recourse basis, the fund will bear the risk of loss with respect to any liquidation shortfall. The fund had no shortfalls as of May 31, 2025.

**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**

33 JOHN HANCOCK California Municipal Bond Fund \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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 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.

**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 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 $3,105.**

**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 $3,005,234 and a long-term capital loss carryforward of $7,403,295 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.**

\| JOHN HANCOCK California Municipal Bond Fund 34

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$68964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$159489 |
| Exempt Income | &nbsp;&nbsp;&nbsp;&nbsp;16694425 | &nbsp;&nbsp;&nbsp;&nbsp;10895574 |
| **Total** | &nbsp;&nbsp;**$16763389** | &nbsp;&nbsp;**$11055063** |

---

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 $529,511 of undistributed exempt interest.

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 accretion on debt securities.

#### 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 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 4 — 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 monthly management fee to the Advisor, equivalent on an annual basis, to the sum of: (a) 0.510% of the first $500 million of the fund's average daily net assets, (b) 0.460% of the next $500 million of the fund's average daily net assets, (c) 0.435% of the next $1 billion of the fund's average daily net assets; and (d) 0.410% of the fund's average daily net assets in excess of $2 billion. 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 contractually agreed to reduce its management fee or, if necessary, make payment to the fund, in an amount equal to the amount by which the expenses of the fund exceed 0.43% of average daily net assets attributable to the fund, excluding taxes, brokerage commissions, interest expense, litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund's business, class-specific expenses, borrowing costs, prime brokerage fees, acquired fund fees and expenses paid indirectly, and short dividend expenses. This agreement expires on September 30, 2025, 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. Prior to October 1, 2024, the expense limitation was 0.55% of the fund's average daily net assets.

35 JOHN HANCOCK California Municipal Bond Fund \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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;$319817 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4238 |
| Class I | &nbsp;&nbsp;&nbsp;175577 |

---

---

| | |
|:---|:---|
| **Class** | &nbsp;&nbsp;**Expense reduction** |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$75974 |
| **Total** | &nbsp;&nbsp;**$575606** |

---

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 0.39% of the fund's average daily net assets.

**Accounting and legal services. Pursuant to the Accounting and Legal Services 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.**

**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. 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** |
| Class A | &nbsp;&nbsp;0.15% |
| Class C | &nbsp;&nbsp;1.00% |

---

The fund's Distributor has contractually agreed to waive 0.10% of Rule 12b-1 fees for Class C 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 $3,694 for Class C 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 $116,665 for the year ended May 31, 2025. Of this amount, $15,769 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $100,896 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 $250,000 or more, and redeemed within 18 months of purchase are subject to a 1.00% 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

\| JOHN HANCOCK California Municipal Bond Fund 36

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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 $48,866 and $380 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;&nbsp;&nbsp;$396480 | &nbsp;&nbsp;&nbsp;&nbsp;$163510 |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2165 |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89965 |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3001 |
| **Total** | &nbsp;&nbsp;**$433418** | &nbsp;&nbsp;**$258641** |

---

**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 5 — 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;10991038 | &nbsp;&nbsp;&nbsp;&nbsp;$109558159 | &nbsp;&nbsp;&nbsp;&nbsp;7071539 | &nbsp;&nbsp;&nbsp;&nbsp;$69444023 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8762658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6447436 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4486965) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44454579) | &nbsp;&nbsp;&nbsp;&nbsp;(4245390) | &nbsp;&nbsp;&nbsp;&nbsp;(40711927) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**7383616** | &nbsp;&nbsp;&nbsp;&nbsp;**$73866238** | &nbsp;&nbsp;&nbsp;**3485352** | &nbsp;&nbsp;&nbsp;**$35179532** |
| **Class C shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$605965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1065374 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94596 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(108966) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1090385) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205130) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2005565) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(39803)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(397195)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(87295)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(845595)** |

---

37 JOHN HANCOCK California Municipal Bond Fund \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &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 I shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;11689775 | &nbsp;&nbsp;&nbsp;&nbsp;$116813448 | &nbsp;&nbsp;&nbsp;&nbsp;7041273 | &nbsp;&nbsp;&nbsp;&nbsp;$69464336 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5142993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2642512 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5428653) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53611417) | &nbsp;&nbsp;&nbsp;&nbsp;(3766362) | &nbsp;&nbsp;&nbsp;&nbsp;(35954443) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**6777288** | &nbsp;&nbsp;&nbsp;&nbsp;**$68345024** | &nbsp;&nbsp;&nbsp;**3544960** | &nbsp;&nbsp;&nbsp;**$36152405** |
| **Class R6 shares** |  |  |  |  |
| Sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4005212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39937546 | &nbsp;&nbsp;&nbsp;&nbsp;2969223 | &nbsp;&nbsp;&nbsp;&nbsp;$29049171 |
| Distributions reinvested | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2301926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1374565 |
| Repurchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2085675) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20530905) | &nbsp;&nbsp;&nbsp;&nbsp;(1167899) | &nbsp;&nbsp;&nbsp;&nbsp;(11241532) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**2150377** | &nbsp;&nbsp;&nbsp;&nbsp;**$21708567** | &nbsp;&nbsp;&nbsp;**1941580** | &nbsp;&nbsp;&nbsp;**$19182204** |
| **Total net increase** | &nbsp;&nbsp;**16271478** | &nbsp;&nbsp;**$163522634** | &nbsp;&nbsp;**8884597** | &nbsp;&nbsp;**$89668546** |

---

#### Note 6 — Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $365,010,201 and $196,200,705, respectively, for the year ended May 31, 2025.

#### Note 7 — State or region risk
To the extent that the fund invests heavily in bonds from any given state or region, its performance could be disproportionately affected by factors particular to that state or region. These factors may include economic or political changes, tax-base erosion, possible state constitutional limits on tax increases, detrimental budget deficits and other financial difficulties, and changes to the credit ratings assigned to those states' municipal issuers. At times, California has been more economically volatile than the United States as a whole. California's economy also may be affected by global economic crises, pandemics, and natural disasters, such as earthquakes or fires.

#### 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 | 80 | $3328510 | $172581707 | $(175912134) | $2821 | $(101) | $294790 |  | $803 |

---

#### 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

\| JOHN HANCOCK California Municipal Bond Fund 38

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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 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.

39 JOHN HANCOCK California Municipal Bond Fund \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

#### Report of Independent Registered Public Accounting Firm

------

#### To the Board of Trustees of John Hancock California Tax-Free Income Fund and Shareholders of John Hancock California Municipal Bond Fund

#### Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the Fund's investments, of John Hancock California Municipal Bond Fund (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 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 11, 2025

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

\| JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND 40

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

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.

99.63% of dividends from net investment income are exempt-interest dividends.

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.
41 JOHN HANCOCK CALIFORNIA MUNICIPAL BOND FUND \|

------

[**Table of Contents**](#JOB_Calif_c51df82c-200a-4520-9b55-618c548fdc58_TofC)

![](imgab53e0aa3.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 California Municipal Bond Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.

MF4543857 53A 5/25

7/25

------

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Information included in Item 7, if applicable.

------

ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Refer to information included in Item 7.

------

ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

Information included in Item 7, if applicable.

------

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

------

ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No material changes.

------

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.

------

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

------

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

Not applicable.

------

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.](JHCALI_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.](JHCALI_906_Cert.htm)

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 California Tax-Free Income Fund

---

| | |
|:---|:---|
| By: | /s/ Kristie M. Feinberg |
|  | Kristie M. Feinberg |
|  | President, |
|  | Principal Executive Officer |
| Date: | July 11, 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 11, 2025 |
| By: | /s/ Fernando A. Silva |
|  | Fernando A. Silva |
|  | Chief Financial Officer, |
|  | Principal Financial Officer |
| Date: | July 11, 2025 |

---

------

## Ex-99.Code

![Image is missing](gcevjtin1vns90yrxhr7z.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>](#divce0f6646-2863-4710-9fa8-27de9d148b6e)[,](#divce0f6646-2863-4710-9fa8-27de9d148b6e)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

4 of 6

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.

5 of 6

**<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

6 of 6

------

## 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 California Tax-Free Income Fund**;

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 condition, 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 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 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 11, 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 California Tax-Free Income Fund**;

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 statement was 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 condition, 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 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 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 11, 2025

<u>/s/ Fernando A. Silva</u> Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

------

## 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 California Tax-Free Income Fund** (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 11, 2025

/s/ Fernando A. Silva

-------------------------------

Fernando A. Silva

Chief Financial Officer, Principal Financial Officer

Dated: July 11, 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.

------