# EDGAR Filing Document

**Accession Number:** 0000756913
**File Stem:** 0001193125-25-299774
**Filing Date:** 2025-11
**Character Count:** 3176426
**Document Hash:** edf94d418648e3246fb4ce77f163f1be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-299774.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001193125-25-299774

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0000756913

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04146
- **FILM NUMBER:** 251527942

**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 TRUST
- **DATE OF NAME CHANGE:** 20050124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANUFACTURERS INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19971022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NASL SERIES FUND INC
- **DATE OF NAME CHANGE:** 19881030

## Series and Classes Contracts Data

### American Global Growth Trust (Series ID: S000017256)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000047762 | Series II    | JAHWX           |
| C000047763 | Series III   | JAHVX           |
| C000047764 | Series I     | JAJQX           |

## Nport-Ex

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 97.9%** | **COMMON STOCKS – 97.9%** |  |
| **Communication services – 9.9%** |  |  |
| **Diversified telecommunication services – 0.7%** | **Diversified telecommunication services – 0.7%** |  |
| AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483843 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41903726 |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38566521 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80470247 |
| **Entertainment – 1.5%** | **Entertainment – 1.5%** |  |
| Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9329230 |
| Live Nation Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5341056 |
| Netflix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105774717 |
| Take-Two Interactive Software, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9368650 |
| The Walt Disney Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42648846 |
| TKO Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2781595 |
| Warner Brothers Discovery, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10040471 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185284565 |
| **Interactive media and services – 7.1%** | **Interactive media and services – 7.1%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293586522 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236129032 |
| Match Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848684 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330697923 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862262161 |
| **Media – 0.4%** | **Media – 0.4%** |  |
| Charter Communications, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5185179 |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24030047 |
| Fox Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2907129 |
| Fox Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575475 |
| News Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425629 |
| News Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806362 |
| Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3315662 |
| Paramount Skydance Corp., Class B (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1213888 |
| The Interpublic Group of Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2167239 |
| The Trade Desk, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4614978 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48241588 |
| **Wireless telecommunication services – 0.2%** | **Wireless telecommunication services – 0.2%** |  |
| T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23886294 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200144855 |
| **Consumer discretionary – 10.3%** |  |  |
| **Automobile components – 0.0%** | **Automobile components – 0.0%** |  |
| Aptiv PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3859638 |
| **Automobiles – 2.3%** | **Automobiles – 2.3%** |  |
| Ford Motor Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9731649 |
| General Motors Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11899393 |
| Tesla, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259103211 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280734253 |
| **Broadline retail – 3.7%** | **Broadline retail – 3.7%** |  |
| Amazon.com, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442414228 |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8816056 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451230284 |
| **Distributors – 0.1%** | **Distributors – 0.1%** |  |
| Genuine Parts Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4016905 |
| LKQ Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1654932 |
| Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2072198 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7744035 |
| **Hotels, restaurants and leisure – 1.8%** | **Hotels, restaurants and leisure – 1.8%** |  |
| Airbnb, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10956212 |
| Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36326289 |
| Carnival Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6584802 |
| Chipotle Mexican Grill, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10971162 |
| Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4662487 |
| Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2762081 |
| DoorDash, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20884480 |

---

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| Expedia Group, Inc. | &nbsp;&nbsp;24046 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5139833 |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;48616 | &nbsp;&nbsp;&nbsp;&nbsp;12612935 |
| Las Vegas Sands Corp. | &nbsp;&nbsp;64442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3466335 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;47271 | &nbsp;&nbsp;&nbsp;&nbsp;12311259 |
| McDonald's Corp. | 148128 | &nbsp;&nbsp;&nbsp;&nbsp;45014618 |
| MGM Resorts International (A) | &nbsp;&nbsp;37236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290600 |
| Norwegian Cruise Line Holdings, Ltd. (A) | &nbsp;&nbsp;91658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2257537 |
| Royal Caribbean Cruises, Ltd. | &nbsp;&nbsp;52649 | &nbsp;&nbsp;&nbsp;&nbsp;17036163 |
| Starbucks Corp. | 236281 | &nbsp;&nbsp;&nbsp;&nbsp;19989373 |
| Wynn Resorts, Ltd. | &nbsp;&nbsp;16430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2107476 |
| Yum! Brands, Inc. | &nbsp;&nbsp;58173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8842296 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;223215938 |
| **Household durables – 0.3%** | **Household durables – 0.3%** |  |
| D.R. Horton, Inc. | &nbsp;&nbsp;57043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9667077 |
| Garmin, Ltd. | &nbsp;&nbsp;33922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8352275 |
| Lennar Corp., Class A | &nbsp;&nbsp;48115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6064415 |
| Mohawk Industries, Inc. (A) | &nbsp;&nbsp;10921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1407935 |
| NVR, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4909177 |
| PulteGroup, Inc. | &nbsp;&nbsp;39604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5232877 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;35633756 |
| **Leisure products – 0.0%** | **Leisure products – 0.0%** |  |
| Hasbro, Inc. | &nbsp;&nbsp;27335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073360 |
| **Specialty retail – 1.8%** | **Specialty retail – 1.8%** |  |
| AutoZone, Inc. (A) | &nbsp;&nbsp;&nbsp;3468 | &nbsp;&nbsp;&nbsp;&nbsp;14878552 |
| Best Buy Company, Inc. | &nbsp;&nbsp;40732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3080154 |
| CarMax, Inc. (A) | &nbsp;&nbsp;32294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1449032 |
| Lowe's Companies, Inc. | 115989 | &nbsp;&nbsp;&nbsp;&nbsp;29149196 |
| O'Reilly Automotive, Inc. (A) | 176274 | &nbsp;&nbsp;&nbsp;&nbsp;19004100 |
| Ross Stores, Inc. | &nbsp;&nbsp;69157 | &nbsp;&nbsp;&nbsp;&nbsp;10538835 |
| The Home Depot, Inc. | 206214 | &nbsp;&nbsp;&nbsp;&nbsp;83555851 |
| The TJX Companies, Inc. | 230901 | &nbsp;&nbsp;&nbsp;&nbsp;33374431 |
| Tractor Supply Company | 111355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6332759 |
| Ulta Beauty, Inc. (A) | &nbsp;&nbsp;&nbsp;9158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5007137 |
| Williams-Sonoma, Inc. | &nbsp;&nbsp;25486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4981239 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;211351286 |
| **Textiles, apparel and luxury goods – 0.3%** | **Textiles, apparel and luxury goods – 0.3%** |  |
| Deckers Outdoor Corp. (A) | &nbsp;&nbsp;31669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3210287 |
| Lululemon Athletica, Inc. (A) | &nbsp;&nbsp;21402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3808058 |
| NIKE, Inc., Class B | 245187 | &nbsp;&nbsp;&nbsp;&nbsp;17096890 |
| Ralph Lauren Corp. | &nbsp;&nbsp;&nbsp;8383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2628573 |
| Tapestry, Inc. | &nbsp;&nbsp;42589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4821927 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;31565735 |
|  |  | 1247408285 |
| **Consumer staples – 4.8%** |  |  |
| **Beverages – 1.0%** | **Beverages – 1.0%** |  |
| Brown-Forman Corp., Class B | &nbsp;&nbsp;37964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1028065 |
| Constellation Brands, Inc., Class A | &nbsp;&nbsp;29382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3956874 |
| Keurig Dr. Pepper, Inc. | 284045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7245988 |
| Molson Coors Beverage Company, Class B | &nbsp;&nbsp;36411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647598 |
| Monster Beverage Corp. (A) | 145961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9824635 |
| PepsiCo, Inc. | 283513 | &nbsp;&nbsp;&nbsp;&nbsp;39816566 |
| The Coca-Cola Company | 804270 | &nbsp;&nbsp;&nbsp;&nbsp;53339186 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;116858912 |
| **Consumer staples distribution and retail – 1.7%** | **Consumer staples distribution and retail – 1.7%** |  |
| Costco Wholesale Corp. | &nbsp;&nbsp;91996 | &nbsp;&nbsp;&nbsp;&nbsp;85154257 |
| Dollar General Corp. | &nbsp;&nbsp;45842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4737771 |
| Dollar Tree, Inc. (A) | &nbsp;&nbsp;38542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3637209 |
| Sysco Corp. | &nbsp;&nbsp;98147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8081424 |
| Target Corp. | &nbsp;&nbsp;96029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8613801 |
| The Kroger Company | 128370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8653422 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer staples distribution and retail (continued)** | **Consumer staples distribution and retail (continued)** |  |
| Walmart, Inc. | 911502 | $&nbsp;&nbsp;&nbsp;93939396 |
|  |  | 212817280 |
| **Food products – 0.5%** | **Food products – 0.5%** |  |
| Archer-Daniels-Midland Company | &nbsp;&nbsp;99670 | &nbsp;&nbsp;&nbsp;&nbsp;5954286 |
| Bunge Global SA | &nbsp;&nbsp;30803 | &nbsp;&nbsp;&nbsp;&nbsp;2502744 |
| Conagra Brands, Inc. | &nbsp;&nbsp;99488 | &nbsp;&nbsp;&nbsp;&nbsp;1821625 |
| General Mills, Inc. | 107747 | &nbsp;&nbsp;&nbsp;&nbsp;5432604 |
| Hormel Foods Corp. | &nbsp;&nbsp;60583 | &nbsp;&nbsp;&nbsp;&nbsp;1498823 |
| Kellanova | &nbsp;&nbsp;56045 | &nbsp;&nbsp;&nbsp;&nbsp;4596811 |
| Lamb Weston Holdings, Inc. | &nbsp;&nbsp;29725 | &nbsp;&nbsp;&nbsp;&nbsp;1726428 |
| McCormick & Company, Inc. | &nbsp;&nbsp;52570 | &nbsp;&nbsp;&nbsp;&nbsp;3517459 |
| Mondelez International, Inc., Class A | 269249 | &nbsp;&nbsp;&nbsp;16819985 |
| The Campbell's Company (B) | &nbsp;&nbsp;40946 | &nbsp;&nbsp;&nbsp;&nbsp;1293075 |
| The Hershey Company | &nbsp;&nbsp;30797 | &nbsp;&nbsp;&nbsp;&nbsp;5760579 |
| The J.M. Smucker Company | &nbsp;&nbsp;22181 | &nbsp;&nbsp;&nbsp;&nbsp;2408857 |
| The Kraft Heinz Company | 177300 | &nbsp;&nbsp;&nbsp;&nbsp;4616892 |
| Tyson Foods, Inc., Class A | &nbsp;&nbsp;59587 | &nbsp;&nbsp;&nbsp;&nbsp;3235574 |
|  |  | &nbsp;&nbsp;&nbsp;61185742 |
| **Household products – 0.9%** | **Household products – 0.9%** |  |
| Church & Dwight Company, Inc. | &nbsp;&nbsp;51070 | &nbsp;&nbsp;&nbsp;&nbsp;4475264 |
| Colgate-Palmolive Company | 168094 | &nbsp;&nbsp;&nbsp;13437434 |
| Kimberly-Clark Corp. | &nbsp;&nbsp;69516 | &nbsp;&nbsp;&nbsp;&nbsp;8643619 |
| The Clorox Company | &nbsp;&nbsp;25803 | &nbsp;&nbsp;&nbsp;&nbsp;3181510 |
| The Procter & Gamble Company | 485845 | &nbsp;&nbsp;&nbsp;74650084 |
|  |  | 104387911 |
| **Personal care products – 0.1%** | **Personal care products – 0.1%** |  |
| Kenvue, Inc. | 399658 | &nbsp;&nbsp;&nbsp;&nbsp;6486449 |
| The Estee Lauder Companies, Inc., Class A | &nbsp;&nbsp;48660 | &nbsp;&nbsp;&nbsp;&nbsp;4287919 |
|  |  | &nbsp;&nbsp;&nbsp;10774368 |
| **Tobacco – 0.6%** | **Tobacco – 0.6%** |  |
| Altria Group, Inc. | 347938 | &nbsp;&nbsp;&nbsp;22984784 |
| Philip Morris International, Inc. | 324109 | &nbsp;&nbsp;&nbsp;52570480 |
|  |  | &nbsp;&nbsp;&nbsp;75555264 |
|  |  | 581579477 |
| **Energy – 2.8%** |  |  |
| **Energy equipment and services – 0.2%** | **Energy equipment and services – 0.2%** |  |
| Baker Hughes Company | 206269 | &nbsp;&nbsp;&nbsp;10049426 |
| Halliburton Company | 183126 | &nbsp;&nbsp;&nbsp;&nbsp;4504900 |
| Schlumberger, Ltd. | 306883 | &nbsp;&nbsp;&nbsp;10547569 |
|  |  | &nbsp;&nbsp;&nbsp;25101895 |
| **Oil, gas and consumable fuels – 2.6%** | **Oil, gas and consumable fuels – 2.6%** |  |
| APA Corp. | &nbsp;&nbsp;77117 | &nbsp;&nbsp;&nbsp;&nbsp;1872401 |
| Chevron Corp. | 400207 | &nbsp;&nbsp;&nbsp;62148145 |
| ConocoPhillips | 259262 | &nbsp;&nbsp;&nbsp;24523593 |
| Coterra Energy, Inc. | 153548 | &nbsp;&nbsp;&nbsp;&nbsp;3631410 |
| Devon Energy Corp. | 127034 | &nbsp;&nbsp;&nbsp;&nbsp;4453812 |
| Diamondback Energy, Inc. | &nbsp;&nbsp;38954 | &nbsp;&nbsp;&nbsp;&nbsp;5574317 |
| EOG Resources, Inc. | 115173 | &nbsp;&nbsp;&nbsp;12913197 |
| EQT Corp. | 131392 | &nbsp;&nbsp;&nbsp;&nbsp;7151667 |
| Expand Energy Corp. | &nbsp;&nbsp;47917 | &nbsp;&nbsp;&nbsp;&nbsp;5090702 |
| Exxon Mobil Corp. | 885988 | &nbsp;&nbsp;&nbsp;99895147 |
| Kinder Morgan, Inc. | 402903 | &nbsp;&nbsp;&nbsp;11406184 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;62382 | &nbsp;&nbsp;&nbsp;12023507 |
| Occidental Petroleum Corp. | 152480 | &nbsp;&nbsp;&nbsp;&nbsp;7204680 |
| ONEOK, Inc. | 128815 | &nbsp;&nbsp;&nbsp;&nbsp;9399631 |
| Phillips 66 | &nbsp;&nbsp;83456 | &nbsp;&nbsp;&nbsp;11351685 |
| Targa Resources Corp. | &nbsp;&nbsp;45456 | &nbsp;&nbsp;&nbsp;&nbsp;7615698 |
| Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;3927 | &nbsp;&nbsp;&nbsp;&nbsp;3666404 |
| The Williams Companies, Inc. | 254106 | &nbsp;&nbsp;&nbsp;16097615 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| Valero Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;63851 | $&nbsp;&nbsp;&nbsp;10871271 |
|  |  | 316891066 |
|  |  | 341992961 |
| **Financials – 13.3%** |  |  |
| **Banks – 3.5%** | **Banks – 3.5%** |  |
| Bank of America Corp. | 1415655 | &nbsp;&nbsp;&nbsp;73033641 |
| Citigroup, Inc. | &nbsp;&nbsp;382635 | &nbsp;&nbsp;&nbsp;38837453 |
| Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;91865 | &nbsp;&nbsp;&nbsp;&nbsp;4883543 |
| Fifth Third Bancorp | &nbsp;&nbsp;139777 | &nbsp;&nbsp;&nbsp;&nbsp;6227065 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp;302842 | &nbsp;&nbsp;&nbsp;&nbsp;5230081 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;571033 | 180120939 |
| KeyCorp | &nbsp;&nbsp;187894 | &nbsp;&nbsp;&nbsp;&nbsp;3511739 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31922 | &nbsp;&nbsp;&nbsp;&nbsp;6308426 |
| Regions Financial Corp. | &nbsp;&nbsp;189455 | &nbsp;&nbsp;&nbsp;&nbsp;4995928 |
| The PNC Financial Services Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80991 | &nbsp;&nbsp;&nbsp;16273522 |
| Truist Financial Corp. | &nbsp;&nbsp;264149 | &nbsp;&nbsp;&nbsp;12076892 |
| U.S. Bancorp | &nbsp;&nbsp;325193 | &nbsp;&nbsp;&nbsp;15716578 |
| Wells Fargo & Company | &nbsp;&nbsp;665173 | &nbsp;&nbsp;&nbsp;55754801 |
|  |  | 422970608 |
| **Capital markets – 3.4%** | **Capital markets – 3.4%** |  |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19423 | &nbsp;&nbsp;&nbsp;&nbsp;9541549 |
| BlackRock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;29873 | &nbsp;&nbsp;&nbsp;34828035 |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;21822 | &nbsp;&nbsp;&nbsp;&nbsp;5351846 |
| CME Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;75118 | &nbsp;&nbsp;&nbsp;20296132 |
| Coinbase Global, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;46945 | &nbsp;&nbsp;&nbsp;15843468 |
| FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7919 | &nbsp;&nbsp;&nbsp;&nbsp;2268714 |
| Franklin Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64405 | &nbsp;&nbsp;&nbsp;&nbsp;1489688 |
| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;93256 | &nbsp;&nbsp;&nbsp;&nbsp;6416945 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp;119689 | &nbsp;&nbsp;&nbsp;20165203 |
| Invesco, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;93687 | &nbsp;&nbsp;&nbsp;&nbsp;2149180 |
| KKR & Company, Inc. | &nbsp;&nbsp;143144 | &nbsp;&nbsp;&nbsp;18601563 |
| Moody's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;32049 | &nbsp;&nbsp;&nbsp;15270708 |
| Morgan Stanley | &nbsp;&nbsp;252250 | &nbsp;&nbsp;&nbsp;40097660 |
| MSCI, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15986 | &nbsp;&nbsp;&nbsp;&nbsp;9070616 |
| Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;93466 | &nbsp;&nbsp;&nbsp;&nbsp;8267068 |
| Northern Trust Corp. | &nbsp;&nbsp;&nbsp;&nbsp;38611 | &nbsp;&nbsp;&nbsp;&nbsp;5197041 |
| Raymond James Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36080 | &nbsp;&nbsp;&nbsp;&nbsp;6227408 |
| Robinhood Markets, Inc., Class A (A) | &nbsp;&nbsp;160676 | &nbsp;&nbsp;&nbsp;23005590 |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64806 | &nbsp;&nbsp;&nbsp;31541728 |
| State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp;58888 | &nbsp;&nbsp;&nbsp;&nbsp;6831597 |
| T. Rowe Price Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;46310 | &nbsp;&nbsp;&nbsp;&nbsp;4753258 |
| The Bank of New York Mellon Corp. | &nbsp;&nbsp;145898 | &nbsp;&nbsp;&nbsp;15897046 |
| The Blackstone Group, Inc. | &nbsp;&nbsp;152378 | &nbsp;&nbsp;&nbsp;26033781 |
| The Charles Schwab Corp. | &nbsp;&nbsp;354798 | &nbsp;&nbsp;&nbsp;33872565 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;62965 | &nbsp;&nbsp;&nbsp;50142178 |
|  |  | 413160567 |
| **Consumer finance – 0.6%** | **Consumer finance – 0.6%** |  |
| American Express Company | &nbsp;&nbsp;112652 | &nbsp;&nbsp;&nbsp;37418488 |
| Capital One Financial Corp. | &nbsp;&nbsp;132866 | &nbsp;&nbsp;&nbsp;28244654 |
| Synchrony Financial | &nbsp;&nbsp;&nbsp;&nbsp;76475 | &nbsp;&nbsp;&nbsp;&nbsp;5433549 |
|  |  | &nbsp;&nbsp;&nbsp;71096691 |
| **Financial services – 4.0%** | **Financial services – 4.0%** |  |
| Apollo Global Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95702 | &nbsp;&nbsp;&nbsp;12754206 |
| Berkshire Hathaway, Inc., Class B (A) | &nbsp;&nbsp;380713 | 191399654 |
| Block, Inc. (A) | &nbsp;&nbsp;114877 | &nbsp;&nbsp;&nbsp;&nbsp;8302161 |
| Corpay, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14531 | &nbsp;&nbsp;&nbsp;&nbsp;4185800 |
| Fidelity National Information Services, Inc. | &nbsp;&nbsp;109527 | &nbsp;&nbsp;&nbsp;&nbsp;7222210 |
| Fiserv, Inc. (A) | &nbsp;&nbsp;112521 | &nbsp;&nbsp;&nbsp;14507333 |
| Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51009 | &nbsp;&nbsp;&nbsp;&nbsp;4237828 |
| Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15208 | &nbsp;&nbsp;&nbsp;&nbsp;2264927 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;171407 | &nbsp;&nbsp;&nbsp;97498016 |
| PayPal Holdings, Inc. (A) | &nbsp;&nbsp;198035 | &nbsp;&nbsp;&nbsp;13280227 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financial services (continued)** | **Financial services (continued)** |  |
| Visa, Inc., Class A | 352632 | $&nbsp;&nbsp;&nbsp;&nbsp;120381512 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;476033874 |
| **Insurance – 1.8%** | **Insurance – 1.8%** |  |
| Aflac, Inc. | &nbsp;&nbsp;99165 | &nbsp;&nbsp;&nbsp;&nbsp;11076731 |
| American International Group, Inc. | 114445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8988510 |
| Aon PLC, Class A | &nbsp;&nbsp;45081 | &nbsp;&nbsp;&nbsp;&nbsp;16074983 |
| Arch Capital Group, Ltd. | &nbsp;&nbsp;78111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7087011 |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;52830 | &nbsp;&nbsp;&nbsp;&nbsp;16363564 |
| Assurant, Inc. | &nbsp;&nbsp;10691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315671 |
| Brown & Brown, Inc. | &nbsp;&nbsp;60066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5633590 |
| Chubb, Ltd. | &nbsp;&nbsp;77434 | &nbsp;&nbsp;&nbsp;&nbsp;21855747 |
| Cincinnati Financial Corp. | &nbsp;&nbsp;32584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5151530 |
| Erie Indemnity Company, Class A | &nbsp;&nbsp;&nbsp;5199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1654114 |
| Everest Group, Ltd. | &nbsp;&nbsp;&nbsp;8959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3137711 |
| Globe Life, Inc. | &nbsp;&nbsp;17499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2501832 |
| Loews Corp. | &nbsp;&nbsp;35398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3553605 |
| Marsh & McLennan Companies, Inc. | 102376 | &nbsp;&nbsp;&nbsp;&nbsp;20631835 |
| MetLife, Inc. | 114518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9432848 |
| Principal Financial Group, Inc. | &nbsp;&nbsp;43864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3636764 |
| Prudential Financial, Inc. | &nbsp;&nbsp;74209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7698442 |
| The Allstate Corp. | &nbsp;&nbsp;55199 | &nbsp;&nbsp;&nbsp;&nbsp;11848465 |
| The Hartford Insurance Group, Inc. | &nbsp;&nbsp;57665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7691934 |
| The Progressive Corp. | 122114 | &nbsp;&nbsp;&nbsp;&nbsp;30156052 |
| The Travelers Companies, Inc. | &nbsp;&nbsp;46048 | &nbsp;&nbsp;&nbsp;&nbsp;12857523 |
| W.R. Berkley Corp. | &nbsp;&nbsp;62754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4808211 |
| Willis Towers Watson PLC | &nbsp;&nbsp;19941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6888618 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;221045291 |
|  |  | 1604307031 |
| **Health care – 8.7%** |  |  |
| **Biotechnology – 1.6%** | **Biotechnology – 1.6%** |  |
| AbbVie, Inc. | 366883 | &nbsp;&nbsp;&nbsp;&nbsp;84948090 |
| Amgen, Inc. | 112050 | &nbsp;&nbsp;&nbsp;&nbsp;31620510 |
| Biogen, Inc. (A) | &nbsp;&nbsp;30376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4255070 |
| Gilead Sciences, Inc. | 256666 | &nbsp;&nbsp;&nbsp;&nbsp;28489926 |
| Incyte Corp. (A) | &nbsp;&nbsp;33331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2826802 |
| Moderna, Inc. (A) | &nbsp;&nbsp;70590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1823340 |
| Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;21132 | &nbsp;&nbsp;&nbsp;&nbsp;11881890 |
| Vertex Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;53292 | &nbsp;&nbsp;&nbsp;&nbsp;20871279 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;186716907 |
| **Health care equipment and supplies – 2.0%** | **Health care equipment and supplies – 2.0%** |  |
| Abbott Laboratories | 361187 | &nbsp;&nbsp;&nbsp;&nbsp;48377387 |
| Align Technology, Inc. (A) | &nbsp;&nbsp;14628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1831718 |
| Baxter International, Inc. | 106434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2423502 |
| Becton, Dickinson and Company | &nbsp;&nbsp;59388 | &nbsp;&nbsp;&nbsp;&nbsp;11115652 |
| Boston Scientific Corp. (A) | 307223 | &nbsp;&nbsp;&nbsp;&nbsp;29994181 |
| DexCom, Inc. (A) | &nbsp;&nbsp;81421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5478819 |
| Edwards Lifesciences Corp. (A) | 122946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9561510 |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;95236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7152224 |
| Hologic, Inc. (A) | &nbsp;&nbsp;45160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3047848 |
| IDEXX Laboratories, Inc. (A) | &nbsp;&nbsp;16522 | &nbsp;&nbsp;&nbsp;&nbsp;10555741 |
| Insulet Corp. (A) | &nbsp;&nbsp;14622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4514250 |
| Intuitive Surgical, Inc. (A) | &nbsp;&nbsp;74353 | &nbsp;&nbsp;&nbsp;&nbsp;33252892 |
| Medtronic PLC | 267334 | &nbsp;&nbsp;&nbsp;&nbsp;25460890 |
| ResMed, Inc. | &nbsp;&nbsp;30600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8376138 |
| Solventum Corp. (A) | &nbsp;&nbsp;28809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103057 |
| STERIS PLC | &nbsp;&nbsp;20576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5091325 |
| Stryker Corp. | &nbsp;&nbsp;71519 | &nbsp;&nbsp;&nbsp;&nbsp;26438429 |
| The Cooper Companies, Inc. (A) | &nbsp;&nbsp;41515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2846268 |
| Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;41498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4087553 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;241709384 |
| **Health care providers and services – 1.6%** | **Health care providers and services – 1.6%** |  |
| Cardinal Health, Inc. | &nbsp;&nbsp;50448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7918318 |
| Cencora, Inc. | &nbsp;&nbsp;40278 | &nbsp;&nbsp;&nbsp;&nbsp;12588083 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| Centene Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;90912 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3243740 |
| CVS Health Corp. | &nbsp;&nbsp;262319 | &nbsp;&nbsp;&nbsp;&nbsp;19776229 |
| DaVita, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885711 |
| Elevance Health, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;46940 | &nbsp;&nbsp;&nbsp;&nbsp;15167253 |
| HCA Healthcare, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34088 | &nbsp;&nbsp;&nbsp;&nbsp;14528306 |
| Henry Schein, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;20787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1379633 |
| Humana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6530267 |
| Labcorp Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5004891 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;25574 | &nbsp;&nbsp;&nbsp;&nbsp;19756938 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;11287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2159880 |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4434034 |
| The Cigna Group | &nbsp;&nbsp;&nbsp;&nbsp;55283 | &nbsp;&nbsp;&nbsp;&nbsp;15935325 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;188052 | &nbsp;&nbsp;&nbsp;&nbsp;64934356 |
| Universal Health Services, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;12239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2502141 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;196745105 |
| **Life sciences tools and services – 0.8%** | **Life sciences tools and services – 0.8%** |  |
| Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7687395 |
| Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp;33121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842521 |
| Charles River Laboratories International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667707 |
| Danaher Corp. | &nbsp;&nbsp;131229 | &nbsp;&nbsp;&nbsp;&nbsp;26017462 |
| IQVIA Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;34684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6587879 |
| Mettler-Toledo International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5062664 |
| Revvity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223593 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;78337 | &nbsp;&nbsp;&nbsp;&nbsp;37995012 |
| Waters Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;12377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710748 |
| West Pharmaceutical Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960396 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;96755377 |
| **Pharmaceuticals – 2.7%** | **Pharmaceuticals – 2.7%** |  |
| Bristol-Myers Squibb Company | &nbsp;&nbsp;422779 | &nbsp;&nbsp;&nbsp;&nbsp;19067333 |
| Eli Lilly & Company | &nbsp;&nbsp;165048 | &nbsp;&nbsp;&nbsp;&nbsp;125931624 |
| Johnson & Johnson | &nbsp;&nbsp;500020 | &nbsp;&nbsp;&nbsp;&nbsp;92713708 |
| Merck & Company, Inc. | &nbsp;&nbsp;518233 | &nbsp;&nbsp;&nbsp;&nbsp;43495296 |
| Pfizer, Inc. | 1181300 | &nbsp;&nbsp;&nbsp;&nbsp;30099524 |
| Viatris, Inc. | &nbsp;&nbsp;248808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2463199 |
| Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;92824 | &nbsp;&nbsp;&nbsp;&nbsp;13582008 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;327352692 |
|  |  | 1049279465 |
| **Industrials – 8.1%** |  |  |
| **Aerospace and defense – 2.2%** | **Aerospace and defense – 2.2%** |  |
| Axon Enterprise, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16303 | &nbsp;&nbsp;&nbsp;&nbsp;11699685 |
| General Dynamics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;52658 | &nbsp;&nbsp;&nbsp;&nbsp;17956378 |
| General Electric Company | &nbsp;&nbsp;220289 | &nbsp;&nbsp;&nbsp;&nbsp;66267337 |
| Howmet Aerospace, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;82795 | &nbsp;&nbsp;&nbsp;&nbsp;16246863 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2348482 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;38293 | &nbsp;&nbsp;&nbsp;&nbsp;11695065 |
| Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;42687 | &nbsp;&nbsp;&nbsp;&nbsp;21309777 |
| Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp;&nbsp;28141 | &nbsp;&nbsp;&nbsp;&nbsp;17146874 |
| RTX Corp. | &nbsp;&nbsp;277454 | &nbsp;&nbsp;&nbsp;&nbsp;46426378 |
| Textron, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;38670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3267228 |
| The Boeing Company (A) | &nbsp;&nbsp;156873 | &nbsp;&nbsp;&nbsp;&nbsp;33857900 |
| TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11721 | &nbsp;&nbsp;&nbsp;&nbsp;15448512 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;263670479 |
| **Air freight and logistics – 0.2%** | **Air freight and logistics – 0.2%** |  |
| CH Robinson Worldwide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3262336 |
| Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;29178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3576931 |
| FedEx Corp. | &nbsp;&nbsp;&nbsp;&nbsp;44492 | &nbsp;&nbsp;&nbsp;&nbsp;10491659 |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp;152456 | &nbsp;&nbsp;&nbsp;&nbsp;12734650 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;30065576 |
| **Building products – 0.5%** | **Building products – 0.5%** |  |
| A.O. Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822697 |
| Allegion PLC | &nbsp;&nbsp;&nbsp;&nbsp;18121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3213759 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Building products (continued)** | **Building products (continued)** |  |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;23990 | $&nbsp;&nbsp;&nbsp;&nbsp;2908788 |
| Carrier Global Corp. | 167695 | &nbsp;&nbsp;&nbsp;10011392 |
| Johnson Controls International PLC | 136833 | &nbsp;&nbsp;&nbsp;15044788 |
| Lennox International, Inc. | &nbsp;&nbsp;&nbsp;6683 | &nbsp;&nbsp;&nbsp;&nbsp;3537713 |
| Masco Corp. | &nbsp;&nbsp;40137 | &nbsp;&nbsp;&nbsp;&nbsp;2825243 |
| Trane Technologies PLC | &nbsp;&nbsp;45920 | &nbsp;&nbsp;&nbsp;19376403 |
|  |  | &nbsp;&nbsp;&nbsp;58740783 |
| **Commercial services and supplies – 0.5%** | **Commercial services and supplies – 0.5%** |  |
| Cintas Corp. | &nbsp;&nbsp;71459 | &nbsp;&nbsp;&nbsp;14667674 |
| Copart, Inc. (A) | 182744 | &nbsp;&nbsp;&nbsp;&nbsp;8217998 |
| Republic Services, Inc. | &nbsp;&nbsp;42430 | &nbsp;&nbsp;&nbsp;&nbsp;9736836 |
| Rollins, Inc. | &nbsp;&nbsp;58554 | &nbsp;&nbsp;&nbsp;&nbsp;3439462 |
| Veralto Corp. | &nbsp;&nbsp;51552 | &nbsp;&nbsp;&nbsp;&nbsp;5495959 |
| Waste Management, Inc. | &nbsp;&nbsp;76136 | &nbsp;&nbsp;&nbsp;16813113 |
|  |  | &nbsp;&nbsp;&nbsp;58371042 |
| **Construction and engineering – 0.1%** | **Construction and engineering – 0.1%** |  |
| EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;9251 | &nbsp;&nbsp;&nbsp;&nbsp;6008895 |
| Quanta Services, Inc. | &nbsp;&nbsp;30770 | &nbsp;&nbsp;&nbsp;12751703 |
|  |  | &nbsp;&nbsp;&nbsp;18760598 |
| **Electrical equipment – 0.9%** | **Electrical equipment – 0.9%** |  |
| AMETEK, Inc. | &nbsp;&nbsp;48217 | &nbsp;&nbsp;&nbsp;&nbsp;9064796 |
| Eaton Corp. PLC | &nbsp;&nbsp;80803 | &nbsp;&nbsp;&nbsp;30240523 |
| Emerson Electric Company | 117078 | &nbsp;&nbsp;&nbsp;15358292 |
| GE Vernova, Inc. | &nbsp;&nbsp;56479 | &nbsp;&nbsp;&nbsp;34728937 |
| Generac Holdings, Inc. (A) | &nbsp;&nbsp;12402 | &nbsp;&nbsp;&nbsp;&nbsp;2076095 |
| Hubbell, Inc. | &nbsp;&nbsp;11189 | &nbsp;&nbsp;&nbsp;&nbsp;4814739 |
| Rockwell Automation, Inc. | &nbsp;&nbsp;23534 | &nbsp;&nbsp;&nbsp;&nbsp;8225839 |
|  |  | 104509221 |
| **Ground transportation – 0.9%** | **Ground transportation – 0.9%** |  |
| CSX Corp. | 385599 | &nbsp;&nbsp;&nbsp;13692620 |
| JB Hunt Transport Services, Inc. | &nbsp;&nbsp;16604 | &nbsp;&nbsp;&nbsp;&nbsp;2227759 |
| Norfolk Southern Corp. | &nbsp;&nbsp;47160 | &nbsp;&nbsp;&nbsp;14167336 |
| Old Dominion Freight Line, Inc. | &nbsp;&nbsp;36692 | &nbsp;&nbsp;&nbsp;&nbsp;5165500 |
| Uber Technologies, Inc. (A) | 434866 | &nbsp;&nbsp;&nbsp;42603822 |
| Union Pacific Corp. | 122684 | &nbsp;&nbsp;&nbsp;28998817 |
|  |  | 106855854 |
| **Industrial conglomerates – 0.4%** | **Industrial conglomerates – 0.4%** |  |
| 3M Company | 110707 | &nbsp;&nbsp;&nbsp;17179512 |
| Honeywell International, Inc. | 131509 | &nbsp;&nbsp;&nbsp;27682645 |
|  |  | &nbsp;&nbsp;&nbsp;44862157 |
| **Machinery – 1.5%** | **Machinery – 1.5%** |  |
| Caterpillar, Inc. | &nbsp;&nbsp;97181 | &nbsp;&nbsp;&nbsp;46369914 |
| Cummins, Inc. | &nbsp;&nbsp;28596 | &nbsp;&nbsp;&nbsp;12078093 |
| Deere & Company | &nbsp;&nbsp;51875 | &nbsp;&nbsp;&nbsp;23720363 |
| Dover Corp. | &nbsp;&nbsp;28598 | &nbsp;&nbsp;&nbsp;&nbsp;4771004 |
| Fortive Corp. | &nbsp;&nbsp;69661 | &nbsp;&nbsp;&nbsp;&nbsp;3412692 |
| IDEX Corp. | &nbsp;&nbsp;15785 | &nbsp;&nbsp;&nbsp;&nbsp;2569167 |
| Illinois Tool Works, Inc. | &nbsp;&nbsp;55234 | &nbsp;&nbsp;&nbsp;14402818 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;74326 | &nbsp;&nbsp;&nbsp;&nbsp;6140814 |
| Nordson Corp. | &nbsp;&nbsp;11324 | &nbsp;&nbsp;&nbsp;&nbsp;2569982 |
| Otis Worldwide Corp. | &nbsp;&nbsp;81320 | &nbsp;&nbsp;&nbsp;&nbsp;7435088 |
| PACCAR, Inc. | 109292 | &nbsp;&nbsp;&nbsp;10745589 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;26357 | &nbsp;&nbsp;&nbsp;19982560 |
| Pentair PLC | &nbsp;&nbsp;34443 | &nbsp;&nbsp;&nbsp;&nbsp;3814907 |
| Snap-on, Inc. | &nbsp;&nbsp;10945 | &nbsp;&nbsp;&nbsp;&nbsp;3792771 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;32136 | &nbsp;&nbsp;&nbsp;&nbsp;2388669 |
| Wabtec Corp. | &nbsp;&nbsp;35831 | &nbsp;&nbsp;&nbsp;&nbsp;7183041 |
| Xylem, Inc. | &nbsp;&nbsp;50643 | &nbsp;&nbsp;&nbsp;&nbsp;7469843 |
|  |  | 178847315 |
| **Passenger airlines – 0.1%** | **Passenger airlines – 0.1%** |  |
| Delta Air Lines, Inc. | 133642 | &nbsp;&nbsp;&nbsp;&nbsp;7584184 |
| Southwest Airlines Company | 108565 | &nbsp;&nbsp;&nbsp;&nbsp;3464309 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Passenger airlines (continued)** | **Passenger airlines (continued)** |  |
| United Airlines Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;68555 | $&nbsp;&nbsp;&nbsp;&nbsp;6615558 |
|  |  | &nbsp;&nbsp;&nbsp;17664051 |
| **Professional services – 0.5%** | **Professional services – 0.5%** |  |
| Automatic Data Processing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;83721 | &nbsp;&nbsp;&nbsp;24572114 |
| Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24366 | &nbsp;&nbsp;&nbsp;&nbsp;5803250 |
| Dayforce, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;32873 | &nbsp;&nbsp;&nbsp;&nbsp;2264621 |
| Equifax, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25838 | &nbsp;&nbsp;&nbsp;&nbsp;6628222 |
| Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25900 | &nbsp;&nbsp;&nbsp;&nbsp;3881374 |
| Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25907 | &nbsp;&nbsp;&nbsp;&nbsp;4895387 |
| Paychex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;66769 | &nbsp;&nbsp;&nbsp;&nbsp;8463638 |
| Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10846 | &nbsp;&nbsp;&nbsp;&nbsp;2257486 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;29436 | &nbsp;&nbsp;&nbsp;&nbsp;7403448 |
|  |  | &nbsp;&nbsp;&nbsp;66169540 |
| **Trading companies and distributors – 0.3%** | **Trading companies and distributors – 0.3%** |  |
| Fastenal Company | &nbsp;&nbsp;238840 | &nbsp;&nbsp;&nbsp;11712714 |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13270 | &nbsp;&nbsp;&nbsp;12668338 |
| W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9238 | &nbsp;&nbsp;&nbsp;&nbsp;8803444 |
|  |  | &nbsp;&nbsp;&nbsp;33184496 |
|  |  | 981701112 |
| **Information technology – 34.1%** |  |  |
| **Communications equipment – 0.9%** | **Communications equipment – 0.9%** |  |
| Arista Networks, Inc. (A) | &nbsp;&nbsp;212878 | &nbsp;&nbsp;&nbsp;31018453 |
| Cisco Systems, Inc. | &nbsp;&nbsp;822311 | &nbsp;&nbsp;&nbsp;56262519 |
| F5, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;12110 | &nbsp;&nbsp;&nbsp;&nbsp;3913831 |
| Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34837 | &nbsp;&nbsp;&nbsp;15930612 |
|  |  | 107125415 |
| **Electronic equipment, instruments and components – 0.7%** | **Electronic equipment, instruments and components – 0.7%** |  |
| Amphenol Corp., Class A | &nbsp;&nbsp;254273 | &nbsp;&nbsp;&nbsp;31466284 |
| CDW Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27779 | &nbsp;&nbsp;&nbsp;&nbsp;4424639 |
| Corning, Inc. | &nbsp;&nbsp;160631 | &nbsp;&nbsp;&nbsp;13176561 |
| Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22086 | &nbsp;&nbsp;&nbsp;&nbsp;4796417 |
| Keysight Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;36176 | &nbsp;&nbsp;&nbsp;&nbsp;6327906 |
| TE Connectivity PLC | &nbsp;&nbsp;&nbsp;&nbsp;60722 | &nbsp;&nbsp;&nbsp;13330301 |
| Teledyne Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9714 | &nbsp;&nbsp;&nbsp;&nbsp;5692793 |
| Trimble, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;50906 | &nbsp;&nbsp;&nbsp;&nbsp;4156475 |
| Zebra Technologies Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;10752 | &nbsp;&nbsp;&nbsp;&nbsp;3195064 |
|  |  | &nbsp;&nbsp;&nbsp;86566440 |
| **IT services – 0.9%** | **IT services – 0.9%** |  |
| Accenture PLC, Class A | &nbsp;&nbsp;128800 | &nbsp;&nbsp;&nbsp;31762080 |
| Akamai Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;31315 | &nbsp;&nbsp;&nbsp;&nbsp;2372424 |
| Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;98351 | &nbsp;&nbsp;&nbsp;&nbsp;6596402 |
| EPAM Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;11824 | &nbsp;&nbsp;&nbsp;&nbsp;1782941 |
| Gartner, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16079 | &nbsp;&nbsp;&nbsp;&nbsp;4226687 |
| GoDaddy, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;29265 | &nbsp;&nbsp;&nbsp;&nbsp;4004330 |
| IBM Corp. | &nbsp;&nbsp;193257 | &nbsp;&nbsp;&nbsp;54529395 |
| VeriSign, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17228 | &nbsp;&nbsp;&nbsp;&nbsp;4816432 |
|  |  | 110090691 |
| **Semiconductors and semiconductor equipment – 13.5%** | **Semiconductors and semiconductor equipment – 13.5%** |  |
| Advanced Micro Devices, Inc. (A) | &nbsp;&nbsp;336077 | &nbsp;&nbsp;&nbsp;54373898 |
| Analog Devices, Inc. | &nbsp;&nbsp;103495 | &nbsp;&nbsp;&nbsp;25428722 |
| Applied Materials, Inc. | &nbsp;&nbsp;166779 | &nbsp;&nbsp;&nbsp;34146332 |
| Broadcom, Inc. | &nbsp;&nbsp;976560 | 322176910 |
| First Solar, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;22317 | &nbsp;&nbsp;&nbsp;&nbsp;4921568 |
| Intel Corp. (A) | &nbsp;&nbsp;913135 | &nbsp;&nbsp;&nbsp;30635679 |
| KLA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27250 | &nbsp;&nbsp;&nbsp;29391850 |
| Lam Research Corp. | &nbsp;&nbsp;263204 | &nbsp;&nbsp;&nbsp;35243016 |
| Microchip Technology, Inc. | &nbsp;&nbsp;111941 | &nbsp;&nbsp;&nbsp;&nbsp;7188851 |
| Micron Technology, Inc. | &nbsp;&nbsp;233312 | &nbsp;&nbsp;&nbsp;39037764 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9850 | &nbsp;&nbsp;&nbsp;&nbsp;9068304 |
| NVIDIA Corp. | 5066038 | 945221353 |
| NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;&nbsp;52980 | &nbsp;&nbsp;&nbsp;12065135 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| ON Semiconductor Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;81720 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4029613 |
| Qualcomm, Inc. | &nbsp;&nbsp;224151 | &nbsp;&nbsp;&nbsp;&nbsp;37289760 |
| Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200627 |
| Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;33949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4672740 |
| Texas Instruments, Inc. | &nbsp;&nbsp;188210 | &nbsp;&nbsp;&nbsp;&nbsp;34579823 |
|  |  | 1631671945 |
| **Software – 11.2%** | **Software – 11.2%** |  |
| Adobe, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;87974 | &nbsp;&nbsp;&nbsp;&nbsp;31032829 |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;56209 | &nbsp;&nbsp;&nbsp;&nbsp;40388415 |
| Autodesk, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;44817 | &nbsp;&nbsp;&nbsp;&nbsp;14237016 |
| Cadence Design Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;56162 | &nbsp;&nbsp;&nbsp;&nbsp;19727464 |
| Crowdstrike Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;51543 | &nbsp;&nbsp;&nbsp;&nbsp;25275656 |
| Datadog, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;66981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9538094 |
| Fair Isaac Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7594890 |
| Fortinet, Inc. (A) | &nbsp;&nbsp;136974 | &nbsp;&nbsp;&nbsp;&nbsp;11516774 |
| Gen Digital, Inc. | &nbsp;&nbsp;113036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3209092 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;57896 | &nbsp;&nbsp;&nbsp;&nbsp;39537757 |
| Microsoft Corp. | 1543247 | &nbsp;&nbsp;&nbsp;&nbsp;799324784 |
| Oracle Corp. | &nbsp;&nbsp;344071 | &nbsp;&nbsp;&nbsp;&nbsp;96766528 |
| Palantir Technologies, Inc., Class A (A) | &nbsp;&nbsp;472169 | &nbsp;&nbsp;&nbsp;&nbsp;86133069 |
| Palo Alto Networks, Inc. (A) | &nbsp;&nbsp;139499 | &nbsp;&nbsp;&nbsp;&nbsp;28404786 |
| PTC, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;25041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5083824 |
| Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22352 | &nbsp;&nbsp;&nbsp;&nbsp;11146719 |
| Salesforce, Inc. | &nbsp;&nbsp;197834 | &nbsp;&nbsp;&nbsp;&nbsp;46886658 |
| ServiceNow, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;43110 | &nbsp;&nbsp;&nbsp;&nbsp;39673271 |
| Synopsys, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;38217 | &nbsp;&nbsp;&nbsp;&nbsp;18855886 |
| Tyler Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4667634 |
| Workday, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;44400 | &nbsp;&nbsp;&nbsp;&nbsp;10688412 |
|  |  | 1349689558 |
| **Technology hardware, storage and peripherals – 6.9%** | **Technology hardware, storage and peripherals – 6.9%** |  |
| Apple, Inc. | 3081177 | &nbsp;&nbsp;&nbsp;&nbsp;784560100 |
| Dell Technologies, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;64029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9077391 |
| Hewlett Packard Enterprise Company | &nbsp;&nbsp;270711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6648662 |
| HP, Inc. | &nbsp;&nbsp;193926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280605 |
| NetApp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4721697 |
| Seagate Technology Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;44094 | &nbsp;&nbsp;&nbsp;&nbsp;10408830 |
| Super Micro Computer, Inc. (A) | &nbsp;&nbsp;104974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5032454 |
| Western Digital Corp. | &nbsp;&nbsp;&nbsp;&nbsp;72064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8652004 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;834381743 |
|  |  | 4119525792 |
| **Materials – 1.7%** |  |  |
| **Chemicals – 1.1%** | **Chemicals – 1.1%** |  |
| Air Products & Chemicals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;46342 | &nbsp;&nbsp;&nbsp;&nbsp;12638390 |
| Albemarle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986622 |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2880357 |
| Corteva, Inc. | &nbsp;&nbsp;143268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9689215 |
| Dow, Inc. | &nbsp;&nbsp;145936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3346312 |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;87124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6786960 |
| Eastman Chemical Company | &nbsp;&nbsp;&nbsp;&nbsp;24162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523414 |
| Ecolab, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52533 | &nbsp;&nbsp;&nbsp;&nbsp;14386687 |
| International Flavors & Fragrances, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3279959 |
| Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;97249 | &nbsp;&nbsp;&nbsp;&nbsp;46193275 |
| LyondellBasell Industries NV, Class A | &nbsp;&nbsp;&nbsp;&nbsp;54157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2655859 |
| PPG Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4742353 |
| The Mosaic Company | &nbsp;&nbsp;&nbsp;&nbsp;66214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296302 |
| The Sherwin-Williams Company | &nbsp;&nbsp;&nbsp;&nbsp;48299 | &nbsp;&nbsp;&nbsp;&nbsp;16724012 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;129129717 |
| **Construction materials – 0.1%** | **Construction materials – 0.1%** |  |
| Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8029767 |
| Vulcan Materials Company | &nbsp;&nbsp;&nbsp;&nbsp;27528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8468163 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;16497930 |
| **Containers and packaging – 0.2%** | **Containers and packaging – 0.2%** |  |
| Amcor PLC | &nbsp;&nbsp;480100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3927218 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Containers and packaging (continued)** | **Containers and packaging (continued)** |  |
| Avery Dennison Corp. | &nbsp;&nbsp;16748 | $&nbsp;&nbsp;&nbsp;&nbsp;2716023 |
| Ball Corp. | &nbsp;&nbsp;52746 | &nbsp;&nbsp;&nbsp;&nbsp;2659453 |
| International Paper Company | 109197 | &nbsp;&nbsp;&nbsp;&nbsp;5066741 |
| Packaging Corp. of America | &nbsp;&nbsp;18588 | &nbsp;&nbsp;&nbsp;&nbsp;4050883 |
| Smurfit WestRock PLC | 110966 | &nbsp;&nbsp;&nbsp;&nbsp;4723823 |
|  |  | &nbsp;&nbsp;&nbsp;23144141 |
| **Metals and mining – 0.3%** | **Metals and mining – 0.3%** |  |
| Freeport-McMoRan, Inc. | 299531 | &nbsp;&nbsp;&nbsp;11747606 |
| Newmont Corp. | 228018 | &nbsp;&nbsp;&nbsp;19224198 |
| Nucor Corp. | &nbsp;&nbsp;46492 | &nbsp;&nbsp;&nbsp;&nbsp;6296412 |
| Steel Dynamics, Inc. | &nbsp;&nbsp;29514 | &nbsp;&nbsp;&nbsp;&nbsp;4115137 |
|  |  | &nbsp;&nbsp;&nbsp;41383353 |
|  |  | 210155141 |
| **Real estate – 1.9%** |  |  |
| **Health care REITs – 0.3%** | **Health care REITs – 0.3%** |  |
| Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp;32422 | &nbsp;&nbsp;&nbsp;&nbsp;2702049 |
| Healthpeak Properties, Inc. | 145801 | &nbsp;&nbsp;&nbsp;&nbsp;2792089 |
| Ventas, Inc. | &nbsp;&nbsp;95898 | &nbsp;&nbsp;&nbsp;&nbsp;6711901 |
| Welltower, Inc. | 138590 | &nbsp;&nbsp;&nbsp;24688423 |
|  |  | &nbsp;&nbsp;&nbsp;36894462 |
| **Hotel and resort REITs – 0.0%** | **Hotel and resort REITs – 0.0%** |  |
| Host Hotels & Resorts, Inc. | 125707 | &nbsp;&nbsp;&nbsp;&nbsp;2139533 |
| **Industrial REITs – 0.2%** | **Industrial REITs – 0.2%** |  |
| Prologis, Inc. | 193064 | &nbsp;&nbsp;&nbsp;22109689 |
| **Office REITs – 0.0%** | **Office REITs – 0.0%** |  |
| BXP, Inc. | &nbsp;&nbsp;30322 | &nbsp;&nbsp;&nbsp;&nbsp;2254137 |
| **Real estate management and development – 0.1%** | **Real estate management and development – 0.1%** |  |
| CBRE Group, Inc., Class A (A) | &nbsp;&nbsp;61146 | &nbsp;&nbsp;&nbsp;&nbsp;9634164 |
| CoStar Group, Inc. (A) | &nbsp;&nbsp;87979 | &nbsp;&nbsp;&nbsp;&nbsp;7422788 |
|  |  | &nbsp;&nbsp;&nbsp;17056952 |
| **Residential REITs – 0.2%** | **Residential REITs – 0.2%** |  |
| AvalonBay Communities, Inc. | &nbsp;&nbsp;29611 | &nbsp;&nbsp;&nbsp;&nbsp;5719957 |
| Camden Property Trust | &nbsp;&nbsp;22238 | &nbsp;&nbsp;&nbsp;&nbsp;2374574 |
| Equity Residential | &nbsp;&nbsp;71170 | &nbsp;&nbsp;&nbsp;&nbsp;4606834 |
| Essex Property Trust, Inc. | &nbsp;&nbsp;13397 | &nbsp;&nbsp;&nbsp;&nbsp;3585841 |
| Invitation Homes, Inc. | 118760 | &nbsp;&nbsp;&nbsp;&nbsp;3483231 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;24364 | &nbsp;&nbsp;&nbsp;&nbsp;3404382 |
| UDR, Inc. | &nbsp;&nbsp;62591 | &nbsp;&nbsp;&nbsp;&nbsp;2332141 |
|  |  | &nbsp;&nbsp;&nbsp;25506960 |
| **Retail REITs – 0.3%** | **Retail REITs – 0.3%** |  |
| Federal Realty Investment Trust | &nbsp;&nbsp;15940 | &nbsp;&nbsp;&nbsp;&nbsp;1614881 |
| Kimco Realty Corp. | 140515 | &nbsp;&nbsp;&nbsp;&nbsp;3070253 |
| Realty Income Corp. | 191614 | &nbsp;&nbsp;&nbsp;11648215 |
| Regency Centers Corp. | &nbsp;&nbsp;34052 | &nbsp;&nbsp;&nbsp;&nbsp;2482391 |
| Simon Property Group, Inc. | &nbsp;&nbsp;67673 | &nbsp;&nbsp;&nbsp;12700192 |
|  |  | &nbsp;&nbsp;&nbsp;31515932 |
| **Specialized REITs – 0.8%** | **Specialized REITs – 0.8%** |  |
| American Tower Corp. | &nbsp;&nbsp;97408 | &nbsp;&nbsp;&nbsp;18733507 |
| Crown Castle, Inc. | &nbsp;&nbsp;90593 | &nbsp;&nbsp;&nbsp;&nbsp;8741319 |
| Digital Realty Trust, Inc. | &nbsp;&nbsp;66324 | &nbsp;&nbsp;&nbsp;11466093 |
| Equinix, Inc. | &nbsp;&nbsp;20259 | &nbsp;&nbsp;&nbsp;15867659 |
| Extra Space Storage, Inc. | &nbsp;&nbsp;44189 | &nbsp;&nbsp;&nbsp;&nbsp;6227998 |
| Iron Mountain, Inc. | &nbsp;&nbsp;61173 | &nbsp;&nbsp;&nbsp;&nbsp;6235976 |
| Public Storage | &nbsp;&nbsp;32852 | &nbsp;&nbsp;&nbsp;&nbsp;9489300 |
| SBA Communications Corp. | &nbsp;&nbsp;22413 | &nbsp;&nbsp;&nbsp;&nbsp;4333554 |
| VICI Properties, Inc. | 219745 | &nbsp;&nbsp;&nbsp;&nbsp;7165884 |
| Weyerhaeuser Company | 151457 | &nbsp;&nbsp;&nbsp;&nbsp;3754619 |
|  |  | &nbsp;&nbsp;&nbsp;92015909 |
|  |  | 229493574 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### 500 Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Utilities – 2.3%** |  |  |
| **Electric utilities – 1.5%** | **Electric utilities – 1.5%** |  |
| Alliant Energy Corp. | &nbsp;&nbsp;53489 | $&nbsp;&nbsp;&nbsp;&nbsp;3605693 |
| American Electric Power Company, Inc. | 111014 | &nbsp;&nbsp;&nbsp;12489075 |
| Constellation Energy Corp. | &nbsp;&nbsp;65197 | &nbsp;&nbsp;&nbsp;21454377 |
| Duke Energy Corp. | 161026 | &nbsp;&nbsp;&nbsp;19926968 |
| Edison International | &nbsp;&nbsp;80702 | &nbsp;&nbsp;&nbsp;&nbsp;4461207 |
| Entergy Corp. | &nbsp;&nbsp;91941 | &nbsp;&nbsp;&nbsp;&nbsp;8567982 |
| Evergy, Inc. | &nbsp;&nbsp;47939 | &nbsp;&nbsp;&nbsp;&nbsp;3644323 |
| Eversource Energy | &nbsp;&nbsp;76377 | &nbsp;&nbsp;&nbsp;&nbsp;5433460 |
| Exelon Corp. | 209461 | &nbsp;&nbsp;&nbsp;&nbsp;9427840 |
| FirstEnergy Corp. | 106922 | &nbsp;&nbsp;&nbsp;&nbsp;4899166 |
| NextEra Energy, Inc. | 428663 | &nbsp;&nbsp;&nbsp;32359770 |
| NRG Energy, Inc. | &nbsp;&nbsp;40095 | &nbsp;&nbsp;&nbsp;&nbsp;6493385 |
| PG&E Corp. | 455719 | &nbsp;&nbsp;&nbsp;&nbsp;6872243 |
| Pinnacle West Capital Corp. | &nbsp;&nbsp;23701 | &nbsp;&nbsp;&nbsp;&nbsp;2125032 |
| PPL Corp. | 153832 | &nbsp;&nbsp;&nbsp;&nbsp;5716397 |
| The Southern Company | 230242 | &nbsp;&nbsp;&nbsp;21820034 |
| Xcel Energy, Inc. | 124567 | &nbsp;&nbsp;&nbsp;10046329 |
|  |  | 179343281 |
| **Gas utilities – 0.0%** | **Gas utilities – 0.0%** |  |
| Atmos Energy Corp. | &nbsp;&nbsp;32359 | &nbsp;&nbsp;&nbsp;&nbsp;5525299 |
| **Independent power and renewable electricity producers –<br> 0.1%** | **Independent power and renewable electricity producers –<br> 0.1%** |  |
| The AES Corp. | 148216 | &nbsp;&nbsp;&nbsp;&nbsp;1950523 |
| Vistra Corp. | &nbsp;&nbsp;66222 | &nbsp;&nbsp;&nbsp;12974214 |
|  |  | &nbsp;&nbsp;&nbsp;14924737 |
| **Multi-utilities – 0.6%** | **Multi-utilities – 0.6%** |  |
| Ameren Corp. | &nbsp;&nbsp;55642 | &nbsp;&nbsp;&nbsp;&nbsp;5807912 |
| CenterPoint Energy, Inc. | 135853 | &nbsp;&nbsp;&nbsp;&nbsp;5271096 |
| CMS Energy Corp. | &nbsp;&nbsp;62283 | &nbsp;&nbsp;&nbsp;&nbsp;4562853 |
| Consolidated Edison, Inc. | &nbsp;&nbsp;73841 | &nbsp;&nbsp;&nbsp;&nbsp;7422497 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Multi-utilities (continued)** | **Multi-utilities (continued)** |  |
| Dominion Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;175103 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10711051 |
| DTE Energy Company | &nbsp;&nbsp;&nbsp;&nbsp;43171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6105675 |
| NiSource, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;97301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4213133 |
| Public Service Enterprise Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;103856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8667822 |
| Sempra | &nbsp;&nbsp;&nbsp;&nbsp;134894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12137762 |
| WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7556638 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72456439 |
| **Water utilities – 0.1%** | **Water utilities – 0.1%** |  |
| American Water Works Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5654733 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;277904489 |
| TOTAL COMMON STOCKS (Cost $3,557,113,901) | TOTAL COMMON STOCKS (Cost $3,557,113,901) | $11843492182 |
| **SHORT-TERM INVESTMENTS – 2.1%** | **SHORT-TERM INVESTMENTS – 2.1%** |  |
| **Short-term funds – 2.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 24639652 | &nbsp;&nbsp;&nbsp;&nbsp;246480300 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $246,458,638) | TOTAL SHORT-TERM INVESTMENTS (Cost $246,458,638) | $&nbsp;&nbsp;&nbsp;&nbsp;246480300 |
| **Total Investments (500 Index Trust)<br> (Cost $3,803,572,539) – 100.0%** | **Total Investments (500 Index Trust)<br> (Cost $3,803,572,539) – 100.0%** | $**12089972482** |
| **Other assets and liabilities, net – 0.0%** | **Other assets and liabilities, net – 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5498057** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**12095470539** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $1,316,535. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $1,394,166. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;807 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$268323906 | &nbsp;&nbsp;&nbsp;&nbsp;$271908562 | &nbsp;&nbsp;&nbsp;&nbsp;$3584656 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$3584656** |

---

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

#### Active Bond Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 49.0%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 49.0%** |  |
| **U.S. Government – 12.8%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;1.250%, 05/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981016 |
| &nbsp;&nbsp;&nbsp;1.375%, 08/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14529000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7305363 |
| &nbsp;&nbsp;&nbsp;1.625%, 11/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15489000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8310817 |
| &nbsp;&nbsp;&nbsp;1.875%, 02/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2602535 |
| &nbsp;&nbsp;&nbsp;2.000%, 02/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9808000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5865261 |
| &nbsp;&nbsp;&nbsp;2.000%, 08/15/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141192 |
| &nbsp;&nbsp;&nbsp;2.500%, 02/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4687000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3357247 |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014816 |
| &nbsp;&nbsp;&nbsp;3.375%, 11/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2434000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1955282 |
| &nbsp;&nbsp;&nbsp;4.750%, 05/15/2055 to 08/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11131000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11166867 |

---

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government (continued)** |  |  |
| U.S. Treasury Bonds (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 08/15/2045 | $&nbsp;&nbsp;&nbsp;&nbsp;286000 | $&nbsp;&nbsp;&nbsp;&nbsp;292390 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;1.625%, 05/15/2031 | &nbsp;&nbsp;1590000 | &nbsp;&nbsp;&nbsp;1415783 |
| &nbsp;&nbsp;&nbsp;3.375%, 09/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;387349 |
| &nbsp;&nbsp;&nbsp;3.625%, 09/30/2030 | &nbsp;&nbsp;3440000 | &nbsp;&nbsp;&nbsp;3422531 |
| &nbsp;&nbsp;&nbsp;3.875%, 09/30/2032 | &nbsp;&nbsp;4689000 | &nbsp;&nbsp;&nbsp;4673614 |
| &nbsp;&nbsp;&nbsp;3.875%, 08/15/2033 | &nbsp;&nbsp;5180000 | &nbsp;&nbsp;&nbsp;5137103 |
| &nbsp;&nbsp;&nbsp;4.250%, 06/30/2031 to 08/15/2035 | 13372000 | 13581683 |
|  |  | 71610849 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency – 36.2%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/01/2036 | &nbsp;&nbsp;&nbsp;&nbsp;569126 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526782 |
| &nbsp;&nbsp;&nbsp;2.500%, 08/01/2051 to 12/01/2051 | &nbsp;&nbsp;1446377 | &nbsp;&nbsp;&nbsp;&nbsp;1242084 |
| &nbsp;&nbsp;&nbsp;3.000%, 03/01/2043 to 08/01/2052 | &nbsp;&nbsp;6966019 | &nbsp;&nbsp;&nbsp;&nbsp;6265339 |
| &nbsp;&nbsp;&nbsp;3.500%, 10/01/2046 to 07/01/2052 | 14819110 | &nbsp;&nbsp;&nbsp;13737713 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/01/2041 to 01/01/2054 | 10713404 | &nbsp;&nbsp;&nbsp;10183310 |
| &nbsp;&nbsp;&nbsp;4.500%, 12/01/2037 to 02/01/2054 | 17721706 | &nbsp;&nbsp;&nbsp;17374575 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/01/2052 to 12/01/2054 | 16253358 | &nbsp;&nbsp;&nbsp;16251506 |
| &nbsp;&nbsp;&nbsp;5.500%, 04/01/2053 to 05/01/2055 | &nbsp;&nbsp;7948113 | &nbsp;&nbsp;&nbsp;&nbsp;8099720 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 04/01/2037 to 12/01/2050 | &nbsp;&nbsp;2924748 | &nbsp;&nbsp;&nbsp;&nbsp;2451792 |
| &nbsp;&nbsp;&nbsp;2.500%, 01/01/2036 to 03/01/2052 | &nbsp;&nbsp;7037929 | &nbsp;&nbsp;&nbsp;&nbsp;6086279 |
| &nbsp;&nbsp;&nbsp;3.000%, 01/01/2043 to 05/01/2052 | 29106756 | &nbsp;&nbsp;&nbsp;26016043 |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2042 to 08/01/2053 | 25211648 | &nbsp;&nbsp;&nbsp;23332413 |
| &nbsp;&nbsp;&nbsp;4.000%, 10/01/2025 to 09/01/2053 | 25354932 | &nbsp;&nbsp;&nbsp;24173314 |
| &nbsp;&nbsp;&nbsp;4.500%, 11/01/2037 to 08/01/2053 | 18612990 | &nbsp;&nbsp;&nbsp;18235664 |
| &nbsp;&nbsp;&nbsp;5.000%, 12/01/2034 to 12/01/2054 | 19215875 | &nbsp;&nbsp;&nbsp;19242736 |
| &nbsp;&nbsp;&nbsp;5.500%, 09/01/2034 to 06/01/2055 | &nbsp;&nbsp;9111210 | &nbsp;&nbsp;&nbsp;&nbsp;9266202 |
| &nbsp;&nbsp;&nbsp;6.355%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.605%), 08/01/2034 (A) | &nbsp;&nbsp;&nbsp;&nbsp;29413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30205 |
| &nbsp;&nbsp;&nbsp;6.622%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 2.122%), 07/01/2033 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9064 |
| &nbsp;&nbsp;&nbsp;7.000%, 09/01/2031 to 01/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;38830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40759 |
| &nbsp;&nbsp;&nbsp;7.500%, 09/01/2029 to 05/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5022 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 02/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;577870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560861 |
| &nbsp;&nbsp;&nbsp;6.000%, 03/15/2033 to 06/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;54333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56021 |
| &nbsp;&nbsp;&nbsp;6.500%, 09/15/2028 to 08/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5533 |
| &nbsp;&nbsp;&nbsp;7.000%, 04/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7558 |
| &nbsp;&nbsp;&nbsp;8.000%, 10/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2153 |
|  |  | 203202648 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $285,629,804) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $285,629,804) | $274813497 |
| **CORPORATE BONDS – 39.5%** | **CORPORATE BONDS – 39.5%** |  |
| **Communication services – 2.7%** |  |  |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 06/01/2031 | &nbsp;&nbsp;1047000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959591 |
| &nbsp;&nbsp;&nbsp;3.550%, 09/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;954000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657419 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;324000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313059 |
| Cable One, Inc.<br> 4.000%, 11/15/2030 (B)(C) | &nbsp;&nbsp;&nbsp;&nbsp;287000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243165 |
| CCO Holdings LLC<br> 4.500%, 05/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;218000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198394 |
| Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.800%, 04/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;588000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530524 |
| &nbsp;&nbsp;&nbsp;6.384%, 10/23/2035 | &nbsp;&nbsp;&nbsp;&nbsp;941000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985819 |
| GCI LLC<br> 4.750%, 10/15/2028 (B) | &nbsp;&nbsp;&nbsp;&nbsp;486000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472295 |
| Gray Media, Inc.<br> 10.500%, 07/15/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486563 |
| IHS Holding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 05/29/2030 (B) | &nbsp;&nbsp;&nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352363 |
| &nbsp;&nbsp;&nbsp;8.250%, 11/29/2031 (B) | &nbsp;&nbsp;&nbsp;&nbsp;542000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569152 |
| Iliad Holding SAS<br> 8.500%, 04/15/2031 (B) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214499 |
| Level 3 Financing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 06/30/2033 (B) | &nbsp;&nbsp;&nbsp;&nbsp;655000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667563 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/31/2034 (B) | &nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91558 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 10/01/2031 (B) | &nbsp;&nbsp;&nbsp;&nbsp;81000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73412 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| Match Group Holdings<br> II LLC (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 08/01/2030 (B) | $&nbsp;&nbsp;442000 | $&nbsp;&nbsp;&nbsp;&nbsp;417466 |
| Maya SAS<br> 7.000%, 04/15/2032 (B) | &nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;474209 |
| Midcontinent Communications<br> 8.000%, 08/15/2032 (B) | &nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;149394 |
| Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 03/25/2029 (B) | &nbsp;&nbsp;304200 | &nbsp;&nbsp;&nbsp;&nbsp;306962 |
| &nbsp;&nbsp;&nbsp;7.375%, 04/02/2032 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;209007 |
| News Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 05/15/2029 (B) | &nbsp;&nbsp;403000 | &nbsp;&nbsp;&nbsp;&nbsp;389238 |
| &nbsp;&nbsp;&nbsp;5.125%, 02/15/2032 (B) | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;223739 |
| NTT Finance Corp.<br> 5.171%, 07/16/2032 (B) | &nbsp;&nbsp;358000 | &nbsp;&nbsp;&nbsp;&nbsp;366652 |
| Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 05/19/2032 | &nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;177000 |
| &nbsp;&nbsp;&nbsp;4.375%, 03/15/2043 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;231562 |
| &nbsp;&nbsp;&nbsp;4.950%, 05/19/2050 | &nbsp;&nbsp;689000 | &nbsp;&nbsp;&nbsp;&nbsp;547769 |
| ROBLOX Corp.<br> 3.875%, 05/01/2030 (B) | &nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;705853 |
| Sirius XM Radio LLC<br> 4.000%, 07/15/2028 (B) | &nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;143009 |
| T-Mobile USA, Inc.<br> 3.875%, 04/15/2030 | 1654000 | &nbsp;&nbsp;&nbsp;1621893 |
| Verizon Communications, Inc.<br> 2.550%, 03/21/2031 | &nbsp;&nbsp;647000 | &nbsp;&nbsp;&nbsp;&nbsp;588259 |
| Vodafone Group PLC<br> 7.000%, (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873% to 4-4-49, then 5 Year U.S. Swap Rate + 5.623%), 04/04/2079 | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;477559 |
| WarnerMedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.279%, 03/15/2032 | &nbsp;&nbsp;294000 | &nbsp;&nbsp;&nbsp;&nbsp;269378 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/15/2042 | &nbsp;&nbsp;589000 | &nbsp;&nbsp;&nbsp;&nbsp;470210 |
| Windstream Services LLC<br> 8.250%, 10/01/2031 (B) | &nbsp;&nbsp;218000 | &nbsp;&nbsp;&nbsp;&nbsp;225821 |
| WMG Acquisition Corp.<br> 3.875%, 07/15/2030 (B) | &nbsp;&nbsp;362000 | &nbsp;&nbsp;&nbsp;&nbsp;343304 |
|  |  | 15153660 |
| **Consumer discretionary – 4.2%** |  |  |
| Asbury Automotive Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/2029 (B) | &nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp;124221 |
| &nbsp;&nbsp;&nbsp;4.750%, 03/01/2030 | &nbsp;&nbsp;344000 | &nbsp;&nbsp;&nbsp;&nbsp;335028 |
| AutoNation, Inc.<br> 4.750%, 06/01/2030 | &nbsp;&nbsp;448000 | &nbsp;&nbsp;&nbsp;&nbsp;450460 |
| Brookfield Residential Properties, Inc.<br> 5.000%, 06/15/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;94000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89579 |
| Caesars Entertainment, Inc.<br> 6.000%, 10/15/2032 (B)(C) | &nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp;582111 |
| Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/01/2029 (B) | &nbsp;&nbsp;419000 | &nbsp;&nbsp;&nbsp;&nbsp;419000 |
| &nbsp;&nbsp;&nbsp;5.750%, 08/01/2032 (B) | 1127000 | &nbsp;&nbsp;&nbsp;1146923 |
| &nbsp;&nbsp;&nbsp;5.875%, 06/15/2031 (B) | &nbsp;&nbsp;456000 | &nbsp;&nbsp;&nbsp;&nbsp;467283 |
| Century Communities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 08/15/2029 (B) | &nbsp;&nbsp;189000 | &nbsp;&nbsp;&nbsp;&nbsp;177805 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/15/2033 (B) | &nbsp;&nbsp;&nbsp;&nbsp;89000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89780 |
| Dealer Tire LLC<br> 8.000%, 02/01/2028 (B) | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;276932 |
| Flutter Treasury DAC |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 06/04/2031 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;203004 |
| &nbsp;&nbsp;&nbsp;6.375%, 04/29/2029 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206524 |
| Ford Motor Credit Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 11/13/2030 | 1176000 | &nbsp;&nbsp;&nbsp;1096986 |
| &nbsp;&nbsp;&nbsp;5.113%, 05/03/2029 | &nbsp;&nbsp;728000 | &nbsp;&nbsp;&nbsp;&nbsp;722600 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| Ford Motor Credit<br> Company LLC (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.800%, 03/08/2029 | $&nbsp;&nbsp;337000 | $&nbsp;&nbsp;&nbsp;&nbsp;341985 |
| &nbsp;&nbsp;&nbsp;6.054%, 11/05/2031 | &nbsp;&nbsp;584000 | &nbsp;&nbsp;&nbsp;&nbsp;596893 |
| &nbsp;&nbsp;&nbsp;6.125%, 03/08/2034 | 1195000 | 1200943 |
| &nbsp;&nbsp;&nbsp;7.122%, 11/07/2033 | &nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;443583 |
| Full House Resorts, Inc.<br> 8.250%, 02/15/2028 (B) | &nbsp;&nbsp;376000 | &nbsp;&nbsp;&nbsp;&nbsp;348948 |
| General Motors Financial Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.600%, 06/21/2030 | 1451000 | 1382355 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/04/2034 | 1423000 | 1477857 |
| Gildan Activewear, Inc.<br> 4.700%, 10/07/2030 (B) | &nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp;127807 |
| Global Auto Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;8.750%, 01/15/2032 (B) | &nbsp;&nbsp;689000 | &nbsp;&nbsp;&nbsp;&nbsp;670053 |
| &nbsp;&nbsp;&nbsp;11.500%, 08/15/2029 (B) | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;332325 |
| Group 1 Automotive, Inc.<br> 4.000%, 08/15/2028 (B) | &nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp;129251 |
| Hilton Grand Vacations Borrower LLC<br> 6.625%, 01/15/2032 (B) | &nbsp;&nbsp;401000 | &nbsp;&nbsp;&nbsp;&nbsp;407277 |
| KB Home<br> 4.000%, 06/15/2031 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;201911 |
| Lithia Motors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 06/01/2029 (B) | &nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp;168104 |
| &nbsp;&nbsp;&nbsp;4.375%, 01/15/2031 (B) | &nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;323820 |
| &nbsp;&nbsp;&nbsp;5.500%, 10/01/2030 (B) | &nbsp;&nbsp;306000 | &nbsp;&nbsp;&nbsp;&nbsp;305618 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 03/15/2030 (B) | &nbsp;&nbsp;182000 | &nbsp;&nbsp;&nbsp;&nbsp;181826 |
| &nbsp;&nbsp;&nbsp;6.125%, 03/15/2032 (B) | &nbsp;&nbsp;213000 | &nbsp;&nbsp;&nbsp;&nbsp;213206 |
| &nbsp;&nbsp;&nbsp;7.375%, 08/01/2033 (B) | &nbsp;&nbsp;372000 | &nbsp;&nbsp;&nbsp;&nbsp;387893 |
| Marriott Ownership Resorts, Inc.<br> 6.500%, 10/01/2033 (B) | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;371293 |
| MGM Resorts International<br> 4.750%, 10/15/2028 | &nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;615168 |
| Midwest Gaming Borrower LLC<br> 4.875%, 05/01/2029 (B) | &nbsp;&nbsp;496000 | &nbsp;&nbsp;&nbsp;&nbsp;482162 |
| NCL Corp., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 01/15/2031 (B) | &nbsp;&nbsp;249000 | &nbsp;&nbsp;&nbsp;&nbsp;248991 |
| &nbsp;&nbsp;&nbsp;6.250%, 09/15/2033 (B) | &nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;231190 |
| &nbsp;&nbsp;&nbsp;6.750%, 02/01/2032 (B) | &nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;394918 |
| Newell Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 05/15/2030 | &nbsp;&nbsp;298000 | &nbsp;&nbsp;&nbsp;&nbsp;295257 |
| &nbsp;&nbsp;&nbsp;8.500%, 06/01/2028 (B) | &nbsp;&nbsp;268000 | &nbsp;&nbsp;&nbsp;&nbsp;283473 |
| Rakuten Group, Inc.<br> 9.750%, 04/15/2029 (B) | &nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;391314 |
| Resorts World Las Vegas LLC<br> 4.625%, 04/16/2029 (B) | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;448104 |
| Rivers Enterprise Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 10/15/2030 (B) | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;105936 |
| &nbsp;&nbsp;&nbsp;6.625%, 02/01/2033 (B) | &nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;338454 |
| Royal Caribbean Cruises, Ltd.<br> 5.375%, 01/15/2036 (D) | &nbsp;&nbsp;198000 | &nbsp;&nbsp;&nbsp;&nbsp;199155 |
| S&S Holdings LLC<br> 8.375%, 10/01/2031 (B) | &nbsp;&nbsp;426000 | &nbsp;&nbsp;&nbsp;&nbsp;417633 |
| Sabre GLBL, Inc.<br> 11.125%, 07/15/2030 (B) | &nbsp;&nbsp;359000 | &nbsp;&nbsp;&nbsp;&nbsp;347674 |
| Saks Global Enterprises LLC |  |  |
| &nbsp;&nbsp;&nbsp;11.000%, 12/15/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;55250 | &nbsp;&nbsp;&nbsp;&nbsp;19614 |
| &nbsp;&nbsp;&nbsp;11.000%, 12/15/2029 (B) | &nbsp;&nbsp;200500 | &nbsp;&nbsp;&nbsp;&nbsp;102255 |
| SGUS LLC<br> 11.000%, 12/15/2029 (B) | &nbsp;&nbsp;129413 | &nbsp;&nbsp;&nbsp;&nbsp;121995 |
| The Michaels Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 05/01/2028 (B) | &nbsp;&nbsp;449000 | &nbsp;&nbsp;&nbsp;&nbsp;413264 |
| &nbsp;&nbsp;&nbsp;7.875%, 05/01/2029 (B) | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp;191215 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| TopBuild Corp.<br> 5.625%, 01/31/2034 (B) | $&nbsp;&nbsp;380000 | $&nbsp;&nbsp;&nbsp;&nbsp;378619 |
| Travel + Leisure Company |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 03/01/2030 (B) | &nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97351 |
| &nbsp;&nbsp;&nbsp;6.125%, 09/01/2033 (B) | &nbsp;&nbsp;439000 | &nbsp;&nbsp;&nbsp;&nbsp;437661 |
| Under Armour, Inc.<br> 7.250%, 07/15/2030 (B) | &nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp;100875 |
| Valvoline, Inc.<br> 3.625%, 06/15/2031 (B) | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;284241 |
| Viking Cruises, Ltd.<br> 5.875%, 10/15/2033 (B) | &nbsp;&nbsp;447000 | &nbsp;&nbsp;&nbsp;&nbsp;447314 |
|  |  | 23395017 |
| **Consumer staples – 0.6%** |  |  |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2032 | &nbsp;&nbsp;527000 | &nbsp;&nbsp;&nbsp;&nbsp;491250 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;466000 | &nbsp;&nbsp;&nbsp;&nbsp;486658 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/20/2035 (B) | &nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp;139717 |
| MARB BondCo PLC<br> 3.950%, 01/29/2031 (B) | &nbsp;&nbsp;712000 | &nbsp;&nbsp;&nbsp;&nbsp;651921 |
| Mars, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2032 (B) | &nbsp;&nbsp;323000 | &nbsp;&nbsp;&nbsp;&nbsp;330451 |
| &nbsp;&nbsp;&nbsp;5.700%, 05/01/2055 (B) | &nbsp;&nbsp;299000 | &nbsp;&nbsp;&nbsp;&nbsp;302871 |
| NBM US Holdings, Inc.<br> 6.625%, 08/06/2029 (B) | &nbsp;&nbsp;448000 | &nbsp;&nbsp;&nbsp;&nbsp;453599 |
| Pilgrim's Pride Corp.<br> 6.250%, 07/01/2033 | &nbsp;&nbsp;671000 | &nbsp;&nbsp;&nbsp;&nbsp;716252 |
|  |  | &nbsp;&nbsp;&nbsp;3572719 |
| **Energy – 6.5%** |  |  |
| Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 01/15/2030 (B) | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;144862 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/15/2031 (B) | &nbsp;&nbsp;289000 | &nbsp;&nbsp;&nbsp;&nbsp;278518 |
| &nbsp;&nbsp;&nbsp;5.800%, 10/01/2054 (B) | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;217871 |
| Antero Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 06/15/2029 (B) | &nbsp;&nbsp;364000 | &nbsp;&nbsp;&nbsp;&nbsp;362666 |
| &nbsp;&nbsp;&nbsp;5.750%, 10/15/2033 (B) | &nbsp;&nbsp;374000 | &nbsp;&nbsp;&nbsp;&nbsp;372342 |
| &nbsp;&nbsp;&nbsp;6.625%, 02/01/2032 (B) | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;525265 |
| Ascent Resources Utica Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 06/30/2029 (B) | &nbsp;&nbsp;433000 | &nbsp;&nbsp;&nbsp;&nbsp;432109 |
| &nbsp;&nbsp;&nbsp;6.625%, 10/15/2032 (B) | &nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;147968 |
| &nbsp;&nbsp;&nbsp;6.625%, 07/15/2033 (B) | &nbsp;&nbsp;172000 | &nbsp;&nbsp;&nbsp;&nbsp;174866 |
| Blue Racer Midstream LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 07/15/2029 (B) | &nbsp;&nbsp;103000 | &nbsp;&nbsp;&nbsp;&nbsp;106804 |
| &nbsp;&nbsp;&nbsp;7.250%, 07/15/2032 (B) | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;452216 |
| Cheniere Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;5.550%, 10/30/2035 (B) | &nbsp;&nbsp;267000 | &nbsp;&nbsp;&nbsp;&nbsp;272771 |
| &nbsp;&nbsp;&nbsp;5.950%, 06/30/2033 | &nbsp;&nbsp;558000 | &nbsp;&nbsp;&nbsp;&nbsp;590697 |
| Cheniere Energy, Inc.<br> 5.650%, 04/15/2034 | &nbsp;&nbsp;196000 | &nbsp;&nbsp;&nbsp;&nbsp;202045 |
| Civitas Resources, Inc.<br> 8.625%, 11/01/2030 (B) | &nbsp;&nbsp;131000 | &nbsp;&nbsp;&nbsp;&nbsp;135672 |
| Columbia Pipelines Holding Company LLC<br> 5.681%, 01/15/2034 (B) | &nbsp;&nbsp;721000 | &nbsp;&nbsp;&nbsp;&nbsp;742765 |
| Columbia Pipelines Operating Company LLC<br> 6.036%, 11/15/2033 (B) | &nbsp;&nbsp;447000 | &nbsp;&nbsp;&nbsp;&nbsp;476965 |
| Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 04/01/2032 (B) | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;287565 |
| &nbsp;&nbsp;&nbsp;4.900%, 06/01/2044 | &nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;272488 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2031 (B) | &nbsp;&nbsp;616000 | &nbsp;&nbsp;&nbsp;&nbsp;635240 |
| Devon Energy Corp.<br> 5.200%, 09/15/2034 (C) | &nbsp;&nbsp;223000 | &nbsp;&nbsp;&nbsp;&nbsp;222035 |
| DT Midstream, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 06/15/2031 (B) | 1077000 | &nbsp;&nbsp;&nbsp;1040849 |
| &nbsp;&nbsp;&nbsp;5.800%, 12/15/2034 (B) | &nbsp;&nbsp;214000 | &nbsp;&nbsp;&nbsp;&nbsp;220632 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, (5.500% to 7-15-27, then 3 month CME Term SOFR + 3.680% to 7-15-47, then 3 month CME Term SOFR + 4.430%), 07/15/2077 | $507000 | $504402 |
| &nbsp;&nbsp;&nbsp;5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080 | 629000 | 635047 |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%), 03/01/2078 | 490000 | 494986 |
| &nbsp;&nbsp;&nbsp;8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084 | 171000 | 195575 |
| Energean Israel Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 03/30/2028 (B) | 151000 | 148335 |
| &nbsp;&nbsp;&nbsp;5.875%, 03/30/2031 (B) | 260000 | 248579 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 10/01/2047 | 651000 | 595893 |
| &nbsp;&nbsp;&nbsp;5.600%, 09/01/2034 | 305000 | 313025 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 11-15-26, then 5 Year CMT + 5.694%), 11/15/2026 (E) | 964000 | 967596 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 2-15-31, then 5 Year CMT + 2.676%), 02/15/2056 | 298000 | 296603 |
| &nbsp;&nbsp;&nbsp;6.750%, (6.750% to 2-15-36, then 5 Year CMT + 2.475%), 02/15/2056 | 518000 | 517066 |
| &nbsp;&nbsp;&nbsp;7.125%, (7.125% to 5-15-30, then 5 Year CMT + 5.306%), 05/15/2030 (E) | 761000 | 786339 |
| Enterprise Products Operating LLC<br> 5.250%, (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%), 08/16/2077 | 909000 | 908023 |
| EQT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 04/01/2029 | 257000 | 266506 |
| &nbsp;&nbsp;&nbsp;7.500%, 06/01/2030 | 115000 | 126859 |
| Expand Energy Corp.<br> 4.750%, 02/01/2032 | 406000 | 399007 |
| Genesis Energy LP |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 05/15/2032 | 238000 | 248223 |
| &nbsp;&nbsp;&nbsp;8.000%, 05/15/2033 | 270000 | 282406 |
| Global Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 07/01/2033 (B) | &nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;79949 |
| &nbsp;&nbsp;&nbsp;8.250%, 01/15/2032 (B) | 266000 | 280541 |
| Gulfstream Natural Gas System LLC<br> 5.600%, 07/23/2035 (B) | 223000 | 228478 |
| Harbour Energy PLC<br> 6.327%, 04/01/2035 (B) | 810000 | 831801 |
| Hess Midstream Operations LP<br> 6.500%, 06/01/2029 (B) | 105000 | 108290 |
| Howard Midstream Energy Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 01/15/2034 (B) | 220000 | 224307 |
| &nbsp;&nbsp;&nbsp;7.375%, 07/15/2032 (B) | &nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;66434 |
| Leviathan Bond, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 06/30/2027 (B) | 666000 | 667499 |
| &nbsp;&nbsp;&nbsp;6.750%, 06/30/2030 (B) | 113000 | 113283 |
| Long Ridge Energy LLC<br> 8.750%, 02/15/2032 (B) | 336000 | 345377 |
| Matador Resources Company<br> 6.250%, 04/15/2033 (B) | 236000 | 237109 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| MC Brazil Downstream Trading SARL<br> 7.250%, 06/30/2031 (B) | $&nbsp;&nbsp;418704 | $&nbsp;&nbsp;&nbsp;&nbsp;358524 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 09/01/2032 | &nbsp;&nbsp;289000 | &nbsp;&nbsp;&nbsp;&nbsp;289916 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2033 | &nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;355088 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 01/01/2032 | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp;232889 |
| &nbsp;&nbsp;&nbsp;6.050%, 10/01/2054 | &nbsp;&nbsp;582000 | &nbsp;&nbsp;&nbsp;&nbsp;567920 |
| &nbsp;&nbsp;&nbsp;6.450%, 09/15/2036 | &nbsp;&nbsp;563000 | &nbsp;&nbsp;&nbsp;&nbsp;598282 |
| &nbsp;&nbsp;&nbsp;6.600%, 03/15/2046 | &nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp;228960 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2030 | &nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;669639 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.050%, 09/01/2033 | &nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;599120 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2053 | &nbsp;&nbsp;527000 | &nbsp;&nbsp;&nbsp;&nbsp;560617 |
| Ovintiv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 07/15/2033 | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;279527 |
| &nbsp;&nbsp;&nbsp;7.200%, 11/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;60653 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 10/01/2029 (B) | &nbsp;&nbsp;376000 | &nbsp;&nbsp;&nbsp;&nbsp;366180 |
| &nbsp;&nbsp;&nbsp;4.625%, 05/01/2030 (B) | &nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;317930 |
| &nbsp;&nbsp;&nbsp;6.625%, 08/15/2032 (B) | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;164410 |
| Plains All American Pipeline LP |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, 01/15/2031 | &nbsp;&nbsp;196000 | &nbsp;&nbsp;&nbsp;&nbsp;196417 |
| &nbsp;&nbsp;&nbsp;5.600%, 01/15/2036 | &nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;149860 |
| Repsol E&P Capital Markets US LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.204%, 09/16/2030 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;201448 |
| &nbsp;&nbsp;&nbsp;5.976%, 09/16/2035 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;203638 |
| Sabine Pass Liquefaction LLC<br> 4.500%, 05/15/2030 | &nbsp;&nbsp;817000 | &nbsp;&nbsp;&nbsp;&nbsp;819850 |
| Saudi Arabian Oil Company<br> 5.250%, 07/17/2034 (B) | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;313721 |
| Sunoco LP |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 04/30/2030 | &nbsp;&nbsp;569000 | &nbsp;&nbsp;&nbsp;&nbsp;547860 |
| &nbsp;&nbsp;&nbsp;5.625%, 03/15/2031 (B) | &nbsp;&nbsp;197000 | &nbsp;&nbsp;&nbsp;&nbsp;195547 |
| &nbsp;&nbsp;&nbsp;5.875%, 03/15/2034 (B) | &nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;342013 |
| &nbsp;&nbsp;&nbsp;6.250%, 07/01/2033 (B) | &nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp;222907 |
| &nbsp;&nbsp;&nbsp;7.000%, 05/01/2029 (B) | &nbsp;&nbsp;226000 | &nbsp;&nbsp;&nbsp;&nbsp;234002 |
| &nbsp;&nbsp;&nbsp;7.250%, 05/01/2032 (B) | &nbsp;&nbsp;324000 | &nbsp;&nbsp;&nbsp;&nbsp;340032 |
| &nbsp;&nbsp;&nbsp;7.875%, (7.875% to 9-18-30, then 5 Year CMT + 4.230%), 09/18/2030 (B)(E) | &nbsp;&nbsp;593000 | &nbsp;&nbsp;&nbsp;&nbsp;602316 |
| Targa Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 02/15/2035 | &nbsp;&nbsp;564000 | &nbsp;&nbsp;&nbsp;&nbsp;573896 |
| &nbsp;&nbsp;&nbsp;6.150%, 03/01/2029 | &nbsp;&nbsp;418000 | &nbsp;&nbsp;&nbsp;&nbsp;440368 |
| Targa Resources Partners LP<br> 4.000%, 01/15/2032 | &nbsp;&nbsp;523000 | &nbsp;&nbsp;&nbsp;&nbsp;495984 |
| Var Energi ASA |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 05/22/2030 (B) | &nbsp;&nbsp;506000 | &nbsp;&nbsp;&nbsp;&nbsp;526137 |
| &nbsp;&nbsp;&nbsp;8.000%, 11/15/2032 (B) | 1043000 | 1210444 |
| Venture Global Calcasieu Pass LLC<br> 4.125%, 08/15/2031 (B) | &nbsp;&nbsp;177000 | &nbsp;&nbsp;&nbsp;&nbsp;167061 |
| Venture Global LNG, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 01/15/2030 (B)(C) | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;325951 |
| &nbsp;&nbsp;&nbsp;9.000%, (9.000% to 9-30-29, then 5 Year CMT + 5.440%), 09/30/2029 (B)(E) | &nbsp;&nbsp;988000 | &nbsp;&nbsp;&nbsp;&nbsp;979187 |
| &nbsp;&nbsp;&nbsp;9.500%, 02/01/2029 (B) | &nbsp;&nbsp;538000 | &nbsp;&nbsp;&nbsp;&nbsp;592889 |
| Viper Energy Partners LLC<br> 4.900%, 08/01/2030 | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;392908 |
| Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;4.050%, 02/01/2030 | &nbsp;&nbsp;496000 | &nbsp;&nbsp;&nbsp;&nbsp;484140 |
| &nbsp;&nbsp;&nbsp;5.450%, 11/15/2034 | &nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;285381 |
| Whistler Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 09/30/2029 (B) | &nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;234484 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Whistler Pipeline LLC (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.700%, 09/30/2031 (B) | $&nbsp;&nbsp;230000 | $&nbsp;&nbsp;&nbsp;&nbsp;239105 |
|  |  | 36399950 |
| **Financials – 12.4%** |  |  |
| Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.548%, (5.548% to 7-31-32, then Overnight SOFR + 1.780%), 07/31/2033 | &nbsp;&nbsp;543000 | &nbsp;&nbsp;&nbsp;&nbsp;545011 |
| &nbsp;&nbsp;&nbsp;5.737%, (5.737% to 5-15-28, then SOFR Compouned Index + 1.960%), 05/15/2029 | &nbsp;&nbsp;256000 | &nbsp;&nbsp;&nbsp;&nbsp;262038 |
| &nbsp;&nbsp;&nbsp;6.184%, (6.184% to 7-26-34, then Overnight SOFR + 2.290%), 07/26/2035 | &nbsp;&nbsp;358000 | &nbsp;&nbsp;&nbsp;&nbsp;369239 |
| &nbsp;&nbsp;&nbsp;8.000%, 11/01/2031 | &nbsp;&nbsp;467000 | &nbsp;&nbsp;&nbsp;&nbsp;532366 |
| Ambac Assurance Corp.<br> 5.100%, 10/10/2025 (B)(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164 |
| Apollo Debt Solutions BDC |  |  |
| &nbsp;&nbsp;&nbsp;6.700%, 07/29/2031 | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;479035 |
| &nbsp;&nbsp;&nbsp;6.900%, 04/13/2029 | &nbsp;&nbsp;793000 | &nbsp;&nbsp;&nbsp;&nbsp;833742 |
| Ares Strategic Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 01/15/2031 (B) | &nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;582974 |
| &nbsp;&nbsp;&nbsp;5.450%, 09/09/2028 (B) | &nbsp;&nbsp;271000 | &nbsp;&nbsp;&nbsp;&nbsp;273114 |
| &nbsp;&nbsp;&nbsp;5.600%, 02/15/2030 | &nbsp;&nbsp;434000 | &nbsp;&nbsp;&nbsp;&nbsp;438236 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/15/2028 | &nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;109515 |
| &nbsp;&nbsp;&nbsp;5.800%, 09/09/2030 (B) | &nbsp;&nbsp;532000 | &nbsp;&nbsp;&nbsp;&nbsp;540625 |
| &nbsp;&nbsp;&nbsp;6.200%, 03/21/2032 | &nbsp;&nbsp;381000 | &nbsp;&nbsp;&nbsp;&nbsp;393644 |
| &nbsp;&nbsp;&nbsp;6.350%, 08/15/2029 | &nbsp;&nbsp;178000 | &nbsp;&nbsp;&nbsp;&nbsp;184392 |
| Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;4.721%, 10/08/2029 (B) | &nbsp;&nbsp;328000 | &nbsp;&nbsp;&nbsp;&nbsp;330639 |
| &nbsp;&nbsp;&nbsp;5.322%, 11/13/2031 (B) | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;337681 |
| Athene Holding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 01/15/2031 | &nbsp;&nbsp;141000 | &nbsp;&nbsp;&nbsp;&nbsp;133798 |
| &nbsp;&nbsp;&nbsp;6.625%, (6.625% to 10-15-34, then 5 Year CMT + 2.607%), 10/15/2054 | &nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;230049 |
| Atlas Warehouse Lending Company LP<br> 6.250%, 01/15/2030 (B) | &nbsp;&nbsp;267000 | &nbsp;&nbsp;&nbsp;&nbsp;274531 |
| Banco Santander SA<br> 9.625%, (9.625% to 11-21-33, then 5 Year CMT + 5.298%), 05/21/2033 (E) | &nbsp;&nbsp;684000 | &nbsp;&nbsp;&nbsp;&nbsp;824920 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031 | &nbsp;&nbsp;792000 | &nbsp;&nbsp;&nbsp;&nbsp;733936 |
| &nbsp;&nbsp;&nbsp;2.687%, (2.687% to 4-22-31, then Overnight SOFR + 1.320%), 04/22/2032 | 1431000 | &nbsp;&nbsp;&nbsp;1303613 |
| &nbsp;&nbsp;&nbsp;4.571%, (4.571% to 4-27-32, then Overnight SOFR + 1.830%), 04/27/2033 | &nbsp;&nbsp;477000 | &nbsp;&nbsp;&nbsp;&nbsp;476901 |
| &nbsp;&nbsp;&nbsp;5.425%, (5.425% to 8-15-34, then Overnight SOFR + 1.913%), 08/15/2035 | 1261000 | &nbsp;&nbsp;&nbsp;1286359 |
| &nbsp;&nbsp;&nbsp;5.518%, (5.518% to 10-25-34, then Overnight SOFR + 1.738%), 10/25/2035 | &nbsp;&nbsp;168000 | &nbsp;&nbsp;&nbsp;&nbsp;172082 |
| &nbsp;&nbsp;&nbsp;6.625%, (6.625% to 5-1-30, then 5 Year CMT + 2.684%), 05/01/2030 (E) | &nbsp;&nbsp;818000 | &nbsp;&nbsp;&nbsp;&nbsp;851120 |
| Bank of Montreal<br> 7.700%, (7.700% to 5-26-29, then 5 Year CMT + 3.452%), 05/26/2084 | &nbsp;&nbsp;717000 | &nbsp;&nbsp;&nbsp;&nbsp;759811 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;5.367%, (5.367% to 2-25-30, then Overnight SOFR + 1.230%), 02/25/2031 | $488000 | $503202 |
| &nbsp;&nbsp;&nbsp;7.625%, (7.625% to 9-15-35, then 5 Year SOFR ICE Swap Rate + 3.686%), 03/15/2035 (E) | 200000 | 211937 |
| &nbsp;&nbsp;&nbsp;8.000%, (8.000% to 9-15-29, then 5 Year CMT + 5.431%), 03/15/2029 (E) | 659000 | 697582 |
| Blackstone Private Credit Fund |  |  |
| &nbsp;&nbsp;&nbsp;5.050%, 09/10/2030 | 491000 | 485286 |
| &nbsp;&nbsp;&nbsp;5.250%, 04/01/2030 | 449000 | 450682 |
| &nbsp;&nbsp;&nbsp;5.950%, 07/16/2029 | 337000 | 346690 |
| &nbsp;&nbsp;&nbsp;6.000%, 01/29/2032 | 186000 | 191929 |
| &nbsp;&nbsp;&nbsp;7.300%, 11/27/2028 | 330000 | 352497 |
| Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 08/15/2030 (B) | 162000 | 164135 |
| &nbsp;&nbsp;&nbsp;6.000%, 08/15/2033 (B) | 210000 | 215048 |
| BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;5.497%, (5.497% to 5-20-29, then Overnight SOFR + 1.590%), 05/20/2030 (B) | 421000 | 435346 |
| &nbsp;&nbsp;&nbsp;9.250%, (9.250% to 11-17-27, then 5 Year CMT + 4.969%), 11/17/2027 (B)(E) | 230000 | 247098 |
| BPCE SA<br> 5.716%, (5.716% to 1-18-29, then Overnight SOFR + 1.959%), 01/18/2030 (B) | 396000 | 409523 |
| Brookfield Finance, Inc.<br> 6.300%, (6.300% to 1-15-35, then 5 Year CMT + 2.076%), 01/15/2055 | 540000 | 535393 |
| Citigroup, Inc.<br> 6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034 | 643000 | 684161 |
| Citizens Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 04/30/2030 | 100000 | &nbsp;&nbsp;&nbsp;94673 |
| &nbsp;&nbsp;&nbsp;5.253%, (5.253% to 3-5-30, then Overnight SOFR + 1.259%), 03/05/2031 | 347000 | 355631 |
| &nbsp;&nbsp;&nbsp;5.718%, (5.718% to 7-23-31, then Overnight SOFR + 1.910%), 07/23/2032 | 893000 | 932416 |
| CNO Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 05/30/2029 | 651000 | 662232 |
| &nbsp;&nbsp;&nbsp;6.450%, 06/15/2034 | 286000 | 303496 |
| Comerica, Inc.<br> 5.982%, (5.982% to 1-30-29, then Overnight SOFR + 2.155%), 01/30/2030 | 305000 | 317397 |
| Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/14/2030 (B) | 932000 | 879286 |
| &nbsp;&nbsp;&nbsp;5.862%, (5.862% to 1-9-35, then Overnight SOFR + 1.740%), 01/09/2036 (B) | 541000 | 568772 |
| &nbsp;&nbsp;&nbsp;6.316%, (6.316% to 10-3-28, then Overnight SOFR + 1.860%), 10/03/2029 (B) | 646000 | 681033 |
| Danske Bank A/S<br> 5.019%, (5.019% to 3-4-30, then 1 Year CMT + 0.930%), 03/04/2031 (B) | 564000 | 574658 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;3.742%, (3.742% to 1-7-32, then Overnight SOFR + 2.257%), 01/07/2033 | $703000 | $647507 |
| &nbsp;&nbsp;&nbsp;5.297%, (5.297% to 5-9-30, then Overnight SOFR + 1.720%), 05/09/2031 | 366000 | 374917 |
| &nbsp;&nbsp;&nbsp;6.819%, (6.819% to 11-20-28, then Overnight SOFR + 2.510%), 11/20/2029 | 410000 | 438560 |
| Enact Holdings, Inc.<br> 6.250%, 05/28/2029 | 570000 | 596011 |
| F&G Annuities & Life, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 10/04/2034 | 149000 | 151956 |
| &nbsp;&nbsp;&nbsp;6.500%, 06/04/2029 | 223000 | 232501 |
| Fifth Third Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;4.772%, (4.772% to 7-28-29, then SOFR Compounded Index + 2.127%), 07/28/2030 | 226000 | 228541 |
| &nbsp;&nbsp;&nbsp;5.631%, (5.631% to 1-29-31, then Overnight SOFR + 1.840%), 01/29/2032 | 343000 | 359584 |
| &nbsp;&nbsp;&nbsp;7.296%, (3 month CME Term SOFR + 3.295%), 10/30/2025 (A)(E) | 355000 | 353930 |
| First Citizens BancShares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.231%, (5.231% to 3-12-30, then Overnight SOFR + 1.410%), 03/12/2031 | 539000 | 546981 |
| &nbsp;&nbsp;&nbsp;5.600%, (5.600% to 9-5-30, then 5 Year CMT + 1.850%), 09/05/2035 | 513000 | 511645 |
| First Horizon Corp.<br> 5.514%, (5.514% to 3-7-30, then Overnight SOFR + 1.766%), 03/07/2031 | 323000 | 332486 |
| Freedom Mortgage Holdings LLC<br> 7.875%, 04/01/2033 (B) | 208000 | 214277 |
| GA Global Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/18/2030 (B) | 608000 | 603109 |
| &nbsp;&nbsp;&nbsp;5.200%, 12/09/2031 (B) | 378000 | 384584 |
| Global Atlantic Financial Company |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, (4.700% to 10-15-26, then 5 Year CMT + 3.796%), 10/15/2051 (B) | 384000 | 378276 |
| &nbsp;&nbsp;&nbsp;7.950%, (7.950% to 10-15-29, then 5 Year CMT + 3.608%), 10/15/2054 (B) | 162000 | 171410 |
| HPS Corporate Lending Fund<br> 5.950%, 04/14/2032 | 424000 | 430988 |
| Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.272%, (5.272% to 1-15-30, then Overnight SOFR + 1.276%), 01/15/2031 | 330000 | 340120 |
| &nbsp;&nbsp;&nbsp;6.141%, (6.141% to 11-18-34, then 5 Year CMT + 1.700%), 11/18/2039 | 169000 | 175863 |
| &nbsp;&nbsp;&nbsp;6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029 | 249000 | 262057 |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 10-15-30, then 5 Year CMT + 2.653%), 10/15/2030 (E) | 246000 | 245352 |
| ING Groep NV<br> 6.114%, (6.114% to 9-11-33, then Overnight SOFR + 2.090%), 09/11/2034 | 200000 | 216328 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| ION Platform Finance US Inc.<br> 7.875%, 09/30/2032 (B) | $&nbsp;&nbsp;356000 | $&nbsp;&nbsp;&nbsp;&nbsp;353661 |
| Jefferies Financial Group, Inc.<br> 6.200%, 04/14/2034 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;499702 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031 | &nbsp;&nbsp;401000 | &nbsp;&nbsp;&nbsp;&nbsp;371940 |
| &nbsp;&nbsp;&nbsp;4.603%, (4.603% to 10-22-29, then Overnight SOFR + 1.040%), 10/22/2030 | &nbsp;&nbsp;586000 | &nbsp;&nbsp;&nbsp;&nbsp;592851 |
| &nbsp;&nbsp;&nbsp;4.995%, (4.995% to 7-22-29, then Overnight SOFR + 1.125%), 07/22/2030 | &nbsp;&nbsp;582000 | &nbsp;&nbsp;&nbsp;&nbsp;596983 |
| &nbsp;&nbsp;&nbsp;5.012%, (5.012% to 1-23-29, then Overnight SOFR + 1.310%), 01/23/2030 | &nbsp;&nbsp;568000 | &nbsp;&nbsp;&nbsp;&nbsp;581888 |
| &nbsp;&nbsp;&nbsp;5.294%, (5.294% to 7-22-34, then Overnight SOFR + 1.460%), 07/22/2035 | &nbsp;&nbsp;817000 | &nbsp;&nbsp;&nbsp;&nbsp;843859 |
| &nbsp;&nbsp;&nbsp;5.502%, (5.502% to 1-24-35, then Overnight SOFR + 1.315%), 01/24/2036 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;544029 |
| &nbsp;&nbsp;&nbsp;5.576%, (5.576% to 7-23-35, then Overnight SOFR + 1.635%), 07/23/2036 | 1358000 | 1407814 |
| &nbsp;&nbsp;&nbsp;5.581%, (5.581% to 4-22-29, then Overnight SOFR + 1.160%), 04/22/2030 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;417795 |
| KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;5.121%, (5.121% to 4-4-30, then SOFR Compounded Index + 1.227%), 04/04/2031 | &nbsp;&nbsp;556000 | &nbsp;&nbsp;&nbsp;&nbsp;570897 |
| &nbsp;&nbsp;&nbsp;6.401%, (6.401% to 3-6-34, then SOFR Compounded Index + 2.420%), 03/06/2035 | &nbsp;&nbsp;198000 | &nbsp;&nbsp;&nbsp;&nbsp;214870 |
| Lazard Group LLC<br> 4.375%, 03/11/2029 | &nbsp;&nbsp;552000 | &nbsp;&nbsp;&nbsp;&nbsp;550632 |
| Liberty Mutual Group, Inc.<br> 4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.315%), 12/15/2051 (B) | &nbsp;&nbsp;203000 | &nbsp;&nbsp;&nbsp;&nbsp;199385 |
| Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;6.068%, (6.068% to 6-13-35, then 1 Year CMT + 1.600%), 06/13/2036 | &nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;239332 |
| &nbsp;&nbsp;&nbsp;6.750%, (6.750% to 9-27-31, then 5 Year CMT + 3.150%), 09/27/2031 (E) | &nbsp;&nbsp;342000 | &nbsp;&nbsp;&nbsp;&nbsp;350039 |
| M&T Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%), 11/01/2026 (E) | &nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp;115493 |
| &nbsp;&nbsp;&nbsp;5.179%, (5.179% to 7-8-30, then Overnight SOFR + 1.400%), 07/08/2031 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;281629 |
| &nbsp;&nbsp;&nbsp;5.385%, (5.385% to 1-16-35, then Overnight SOFR + 1.610%), 01/16/2036 | &nbsp;&nbsp;434000 | &nbsp;&nbsp;&nbsp;&nbsp;439988 |
| &nbsp;&nbsp;&nbsp;5.400%, (5.400% to 7-30-30, then 5 Year CMT + 1.430%), 07/30/2035 | &nbsp;&nbsp;494000 | &nbsp;&nbsp;&nbsp;&nbsp;497756 |
| Macquarie Airfinance Holdings, Ltd.<br> 5.150%, 03/17/2030 (B) | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;131817 |
| Macquarie Bank, Ltd.<br> 3.624%, 06/03/2030 (B) | &nbsp;&nbsp;307000 | &nbsp;&nbsp;&nbsp;&nbsp;292538 |
| MassMutual Global Funding II<br> 4.350%, 09/17/2031 (B) | &nbsp;&nbsp;456000 | &nbsp;&nbsp;&nbsp;&nbsp;453252 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| MetLife, Inc.<br> 6.400%, (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%), 12/15/2036 | $556000 | $585087 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032 | 203000 | 179288 |
| &nbsp;&nbsp;&nbsp;2.484%, (2.484% to 9-16-31, then Overnight SOFR + 1.360%), 09/16/2036 | 796000 | 691427 |
| &nbsp;&nbsp;&nbsp;5.173%, (5.173% to 1-16-29, then Overnight SOFR + 1.450%), 01/16/2030 | 875000 | 899303 |
| &nbsp;&nbsp;&nbsp;5.320%, (5.320% to 7-19-34, then Overnight SOFR + 1.555%), 07/19/2035 | 700000 | 722294 |
| MSCI, Inc.<br> 3.625%, 11/01/2031 (B) | 652000 | 612393 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;7.300%, (7.300% to 5-19-35, then 5 Year CMT + 2.937%), 11/19/2034 (E) | 566000 | 596726 |
| &nbsp;&nbsp;&nbsp;8.125%, (8.125% to 5-10-34, then 5 Year CMT + 3.752%), 11/10/2033 (E) | 441000 | 496458 |
| NMI Holdings, Inc.<br> 6.000%, 08/15/2029 | 223000 | 230479 |
| OneMain Finance Corp.<br> 6.125%, 05/15/2030 | 520000 | 526596 |
| Popular, Inc.<br> 7.250%, 03/13/2028 | 466000 | 486854 |
| Radian Group, Inc.<br> 6.200%, 05/15/2029 | 223000 | 232903 |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.502%, (5.502% to 9-6-34, then Overnight SOFR + 2.060%), 09/06/2035 | 838000 | 861522 |
| &nbsp;&nbsp;&nbsp;5.722%, (5.722% to 6-6-29, then Overnight SOFR + 1.490%), 06/06/2030 | 234000 | 243881 |
| Reinsurance Group of America, Inc.<br> 6.650%, (6.650% to 9-15-35, then 5 Year CMT + 2.392%), 09/15/2055 | 447000 | 469212 |
| Rocket Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 08/01/2030 (B) | &nbsp;&nbsp;99000 | 101606 |
| &nbsp;&nbsp;&nbsp;6.375%, 08/01/2033 (B) | 130000 | 134175 |
| Royal Bank of Canada<br> 6.500%, (6.500% to 11-24-35, then 5 Year CMT + 2.462%), 11/24/2085 | 793000 | 785326 |
| Sixth Street Lending Partners |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2030 | 274000 | 278421 |
| &nbsp;&nbsp;&nbsp;6.125%, 07/15/2030 (B) | 216000 | 223317 |
| Societe Generale SA<br> 5.375%, (5.375% to 11-18-30, then 5 Year CMT + 4.514%), 11/18/2030 (B)(E) | 557000 | 524631 |
| Starwood Property Trust, Inc.<br> 6.000%, 04/15/2030 (B) | 326000 | 330955 |
| Teachers Insurance & Annuity Association of America<br> 4.270%, 05/15/2047 (B) | 629000 | 521914 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| The Bank of New York Mellon Corp.<br> 4.942%, (4.942% to 2-11-30, then Overnight SOFR + 0.887%), 02/11/2031 | $&nbsp;&nbsp;330000 | $&nbsp;&nbsp;&nbsp;&nbsp;338955 |
| The Charles Schwab Corp.<br> 5.853%, (5.853% to 5-19-33, then Overnight SOFR + 2.500%), 05/19/2034 | &nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;357458 |
| The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032 | 1523000 | 1381695 |
| &nbsp;&nbsp;&nbsp;2.650%, (2.650% to 10-21-31, then Overnight SOFR + 1.264%), 10/21/2032 | &nbsp;&nbsp;539000 | &nbsp;&nbsp;&nbsp;&nbsp;484739 |
| The PNC Financial Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.812%, (4.812% to 10-21-31, then Overnight SOFR + 1.259%), 10/21/2032 | &nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;567703 |
| &nbsp;&nbsp;&nbsp;5.575%, (5.575% to 1-29-35, then Overnight SOFR + 1.394%), 01/29/2036 | &nbsp;&nbsp;378000 | &nbsp;&nbsp;&nbsp;&nbsp;394406 |
| &nbsp;&nbsp;&nbsp;5.939%, (5.939% to 8-18-33, then Overnight SOFR + 1.946%), 08/18/2034 | &nbsp;&nbsp;377000 | &nbsp;&nbsp;&nbsp;&nbsp;404386 |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 3-15-30, then 7 Year CMT + 2.808%), 03/15/2030 (E) | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;451484 |
| TrueNoord Capital DAC<br> 8.750%, 03/01/2030 (B) | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;249687 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.153%, (5.153% to 8-5-31, then Overnight SOFR + 1.571%), 08/05/2032 | &nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;576330 |
| &nbsp;&nbsp;&nbsp;5.867%, (5.867% to 6-8-33, then Overnight SOFR + 2.361%), 06/08/2034 | 1200000 | 1271431 |
| &nbsp;&nbsp;&nbsp;6.123%, (6.123% to 10-28-32, then Overnight SOFR + 2.300%), 10/28/2033 | &nbsp;&nbsp;379000 | &nbsp;&nbsp;&nbsp;&nbsp;408339 |
| Trust Fibra Uno<br> 7.375%, 02/13/2034 (B) | &nbsp;&nbsp;554000 | &nbsp;&nbsp;&nbsp;&nbsp;596975 |
| U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;4.839%, (4.839% to 2-1-33, then Overnight SOFR + 1.600%), 02/01/2034 | &nbsp;&nbsp;655000 | &nbsp;&nbsp;&nbsp;&nbsp;657868 |
| &nbsp;&nbsp;&nbsp;5.083%, (5.083% to 5-15-30, then Overnight SOFR + 1.296%), 05/15/2031 | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;401047 |
| &nbsp;&nbsp;&nbsp;5.384%, (5.384% to 1-23-29, then Overnight SOFR + 1.560%), 01/23/2030 | &nbsp;&nbsp;364000 | &nbsp;&nbsp;&nbsp;&nbsp;376346 |
| &nbsp;&nbsp;&nbsp;5.836%, (5.836% to 6-10-33, then Overnight SOFR + 2.260%), 06/12/2034 | &nbsp;&nbsp;604000 | &nbsp;&nbsp;&nbsp;&nbsp;643615 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;5.428%, (5.428% to 2-8-29, then 1 Year CMT + 1.520%), 02/08/2030 (B) | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;467001 |
| &nbsp;&nbsp;&nbsp;6.301%, (6.301% to 9-22-33, then 1 Year CMT + 2.000%), 09/22/2034 (B) | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;436751 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 8-10-30, then 5 Year SOFR ICE Swap Rate + 3.077%), 02/10/2030 (B)(E) | &nbsp;&nbsp;368000 | &nbsp;&nbsp;&nbsp;&nbsp;377108 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| UBS Group AG (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, (7.125% to 2-10-35, then 5 Year SOFR ICE Swap Rate + 3.179%), 08/10/2034 (B)(E) | $&nbsp;&nbsp;379000 | $&nbsp;&nbsp;&nbsp;&nbsp;389974 |
| &nbsp;&nbsp;&nbsp;9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (B)(E) | &nbsp;&nbsp;467000 | &nbsp;&nbsp;&nbsp;&nbsp;556135 |
| Webster Financial Corp.<br> 5.784%, (5.784% to 9-11-30, then 5 Year CMT + 2.125%), 09/11/2035 | &nbsp;&nbsp;196000 | &nbsp;&nbsp;&nbsp;&nbsp;196023 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033 | 1847000 | &nbsp;&nbsp;&nbsp;1719326 |
| &nbsp;&nbsp;&nbsp;5.211%, (5.211% to 12-3-34, then Overnight SOFR + 1.380%), 12/03/2035 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;429132 |
| &nbsp;&nbsp;&nbsp;5.244%, (5.244% to 1-24-30, then Overnight SOFR + 1.110%), 01/24/2031 | &nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;346594 |
| &nbsp;&nbsp;&nbsp;6.491%, (6.491% to 10-23-33, then Overnight SOFR + 2.060%), 10/23/2034 | &nbsp;&nbsp;814000 | &nbsp;&nbsp;&nbsp;&nbsp;904429 |
|  |  | 69424476 |
| **Health care – 1.8%** |  |  |
| AbbVie, Inc.<br> 5.050%, 03/15/2034 | &nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;204776 |
| Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 03/02/2033 | 1744000 | &nbsp;&nbsp;&nbsp;1806506 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/02/2053 | &nbsp;&nbsp;656000 | &nbsp;&nbsp;&nbsp;&nbsp;654322 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 10/15/2030 | &nbsp;&nbsp;478000 | &nbsp;&nbsp;&nbsp;&nbsp;427111 |
| &nbsp;&nbsp;&nbsp;3.375%, 02/15/2030 | &nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;251075 |
| CVS Health Corp.<br> 5.000%, 09/15/2032 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;556730 |
| DaVita, Inc.<br> 4.625%, 06/01/2030 (B) | &nbsp;&nbsp;294000 | &nbsp;&nbsp;&nbsp;&nbsp;281766 |
| Endo Finance Holdings, Inc.<br> 8.500%, 04/15/2031 (B) | &nbsp;&nbsp;237000 | &nbsp;&nbsp;&nbsp;&nbsp;254270 |
| Fresenius Medical Care US Finance III, Inc.<br> 2.375%, 02/16/2031 (B) | &nbsp;&nbsp;868000 | &nbsp;&nbsp;&nbsp;&nbsp;766495 |
| HCA, Inc.<br> 5.450%, 04/01/2031 | &nbsp;&nbsp;464000 | &nbsp;&nbsp;&nbsp;&nbsp;482318 |
| Horizon Mutual Holdings, Inc.<br> 6.200%, 11/15/2034 (B) | &nbsp;&nbsp;566000 | &nbsp;&nbsp;&nbsp;&nbsp;553318 |
| Icon Investments Six DAC<br> 5.849%, 05/08/2029 | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;318359 |
| IQVIA, Inc.<br> 6.250%, 02/01/2029 | &nbsp;&nbsp;217000 | &nbsp;&nbsp;&nbsp;&nbsp;228422 |
| Regeneron Pharmaceuticals, Inc.<br> 1.750%, 09/15/2030 | &nbsp;&nbsp;669000 | &nbsp;&nbsp;&nbsp;&nbsp;590053 |
| Royalty Pharma PLC<br> 5.150%, 09/02/2029 | &nbsp;&nbsp;274000 | &nbsp;&nbsp;&nbsp;&nbsp;281128 |
| Solventum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, 03/13/2031 | &nbsp;&nbsp;746000 | &nbsp;&nbsp;&nbsp;&nbsp;777930 |
| &nbsp;&nbsp;&nbsp;5.600%, 03/23/2034 | &nbsp;&nbsp;258000 | &nbsp;&nbsp;&nbsp;&nbsp;268611 |
| Teva Pharmaceutical Finance Company LLC<br> 6.150%, 02/01/2036 | &nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90049 |
| Teva Pharmaceutical Finance Netherlands III BV<br> 4.100%, 10/01/2046 | &nbsp;&nbsp;614000 | &nbsp;&nbsp;&nbsp;&nbsp;458234 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care (continued)** |  |  |
| Teva Pharmaceutical Finance Netherlands IV BV<br> 5.750%, 12/01/2030 | $&nbsp;&nbsp;415000 | $&nbsp;&nbsp;&nbsp;&nbsp;427412 |
| Universal Health Services, Inc.<br> 2.650%, 10/15/2030 | &nbsp;&nbsp;622000 | &nbsp;&nbsp;&nbsp;&nbsp;561550 |
|  |  | 10240435 |
| **Industrials – 3.4%** |  |  |
| AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;3.300%, 01/30/2032 | 1610000 | &nbsp;&nbsp;&nbsp;1482639 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 1-31-31, then 5 Year CMT + 2.441%), 01/31/2056 | &nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;294017 |
| Aeropuertos Dominicanos Siglo XXI SA<br> 7.000%, 06/30/2034 (B) | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;315000 |
| Air Canada 2020-1 Class C Pass Through Trust<br> 10.500%, 07/15/2026 (B) | &nbsp;&nbsp;257000 | &nbsp;&nbsp;&nbsp;&nbsp;268042 |
| Allied Universal Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 06/15/2030 (B) | &nbsp;&nbsp;264000 | &nbsp;&nbsp;&nbsp;&nbsp;271347 |
| &nbsp;&nbsp;&nbsp;7.875%, 02/15/2031 (B) | &nbsp;&nbsp;699000 | &nbsp;&nbsp;&nbsp;&nbsp;732899 |
| Ambipar Lux Sarl<br> 10.875%, 02/05/2033 (B) | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50511 |
| American Airlines 2016-1 Class A Pass Through Trust<br> 4.100%, 01/15/2028 | &nbsp;&nbsp;530079 | &nbsp;&nbsp;&nbsp;&nbsp;516735 |
| American Airlines 2016-3 Class A Pass Through Trust<br> 3.250%, 10/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;34678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32865 |
| American Airlines 2017-1 Class A Pass Through Trust<br> 4.000%, 02/15/2029 | &nbsp;&nbsp;312180 | &nbsp;&nbsp;&nbsp;&nbsp;300714 |
| American Airlines 2017-1 Class AA Pass Through Trust<br> 3.650%, 02/15/2029 | &nbsp;&nbsp;407963 | &nbsp;&nbsp;&nbsp;&nbsp;396349 |
| American Airlines 2017-2 Class A Pass Through Trust<br> 3.600%, 10/15/2029 | &nbsp;&nbsp;264607 | &nbsp;&nbsp;&nbsp;&nbsp;251311 |
| American Airlines 2019-1 Class A Pass Through Trust<br> 3.500%, 02/15/2032 | &nbsp;&nbsp;630008 | &nbsp;&nbsp;&nbsp;&nbsp;575948 |
| American Airlines 2019-1 Class AA Pass Through Trust<br> 3.150%, 02/15/2032 | &nbsp;&nbsp;470050 | &nbsp;&nbsp;&nbsp;&nbsp;440098 |
| American Airlines 2019-1 Class B Pass Through Trust<br> 3.850%, 02/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;72173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70262 |
| American Airlines 2021-1 Class A Pass Through Trust<br> 2.875%, 07/11/2034 | &nbsp;&nbsp;732561 | &nbsp;&nbsp;&nbsp;&nbsp;663212 |
| American Airlines 2021-1 Class B Pass Through Trust<br> 3.950%, 07/11/2030 | &nbsp;&nbsp;429970 | &nbsp;&nbsp;&nbsp;&nbsp;410635 |
| American Airlines, Inc.<br> 7.250%, 02/15/2028 (B) | &nbsp;&nbsp;198000 | &nbsp;&nbsp;&nbsp;&nbsp;202842 |
| Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 08/11/2032 (B) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206969 |
| &nbsp;&nbsp;&nbsp;5.550%, 05/30/2033 (B) | &nbsp;&nbsp;547000 | &nbsp;&nbsp;&nbsp;&nbsp;564200 |
| BlueLinx Holdings, Inc.<br> 6.000%, 11/15/2029 (B) | &nbsp;&nbsp;383000 | &nbsp;&nbsp;&nbsp;&nbsp;377049 |
| British Airways 2018-1 Class A Pass Through Trust<br> 4.125%, 09/20/2031 (B) | &nbsp;&nbsp;&nbsp;&nbsp;55089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53075 |
| British Airways 2020-1 Class A Pass Through Trust<br> 4.250%, 11/15/2032 (B) | &nbsp;&nbsp;196841 | &nbsp;&nbsp;&nbsp;&nbsp;191855 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| British Airways 2020-1 Class B Pass Through Trust<br> 8.375%, 11/15/2028 (B) | $&nbsp;&nbsp;&nbsp;&nbsp;51441 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54209 |
| Builders FirstSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/01/2032 (B) | &nbsp;&nbsp;439000 | &nbsp;&nbsp;&nbsp;&nbsp;412852 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2034 (B) | &nbsp;&nbsp;468000 | &nbsp;&nbsp;&nbsp;&nbsp;482090 |
| &nbsp;&nbsp;&nbsp;6.750%, 05/15/2035 (B) | &nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;152443 |
| CIMIC Finance USA Pty, Ltd.<br> 7.000%, 03/25/2034 (B) | &nbsp;&nbsp;262000 | &nbsp;&nbsp;&nbsp;&nbsp;285297 |
| Cimpress PLC<br> 7.375%, 09/15/2032 (B) | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;338815 |
| Delta Air Lines, Inc.<br> 4.375%, 04/19/2028 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;300091 |
| Efesto Bidco SpA Efesto US LLC<br> 7.500%, 02/15/2032 (B) | &nbsp;&nbsp;332000 | &nbsp;&nbsp;&nbsp;&nbsp;337843 |
| Embraer Netherlands Finance BV<br> 7.000%, 07/28/2030 (B) | &nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;443133 |
| EMRLD Borrower LP<br> 6.625%, 12/15/2030 (B) | &nbsp;&nbsp;524000 | &nbsp;&nbsp;&nbsp;&nbsp;538645 |
| Flowserve Corp.<br> 3.500%, 10/01/2030 | &nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;311646 |
| Global Infrastructure Solutions, Inc.<br> 5.625%, 06/01/2029 (B) | &nbsp;&nbsp;182000 | &nbsp;&nbsp;&nbsp;&nbsp;178821 |
| JB Poindexter & Company, Inc.<br> 8.750%, 12/15/2031 (B) | &nbsp;&nbsp;386000 | &nbsp;&nbsp;&nbsp;&nbsp;404278 |
| JetBlue 2019-1 Class AA Pass Through Trust<br> 2.750%, 05/15/2032 | &nbsp;&nbsp;350400 | &nbsp;&nbsp;&nbsp;&nbsp;310362 |
| MasTec, Inc.<br> 5.900%, 06/15/2029 | &nbsp;&nbsp;256000 | &nbsp;&nbsp;&nbsp;&nbsp;267949 |
| Quanta Services, Inc.<br> 5.250%, 08/09/2034 | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;251174 |
| The Boeing Company<br> 6.528%, 05/01/2034 | 1490000 | &nbsp;&nbsp;&nbsp;1647145 |
| United Airlines 2016-1 Class A Pass Through Trust<br> 3.450%, 07/07/2028 | &nbsp;&nbsp;464034 | &nbsp;&nbsp;&nbsp;&nbsp;445357 |
| United Airlines 2019-1 Class A Pass Through Trust<br> 4.550%, 08/25/2031 | &nbsp;&nbsp;437990 | &nbsp;&nbsp;&nbsp;&nbsp;420729 |
| United Airlines 2020-1 Class A Pass Through Trust<br> 5.875%, 10/15/2027 | &nbsp;&nbsp;303872 | &nbsp;&nbsp;&nbsp;&nbsp;312345 |
| United Airlines 2023-1 Class A Pass Through Trust<br> 5.800%, 01/15/2036 | &nbsp;&nbsp;611096 | &nbsp;&nbsp;&nbsp;&nbsp;631978 |
| United Airlines 2024-1 Class A Pass Through Trust<br> 5.875%, 02/15/2037 | &nbsp;&nbsp;442209 | &nbsp;&nbsp;&nbsp;&nbsp;451097 |
| United Airlines 2024-1 Class AA Pass Through Trust<br> 5.450%, 02/15/2037 | &nbsp;&nbsp;523313 | &nbsp;&nbsp;&nbsp;&nbsp;538290 |
| United Airlines, Inc.<br> 4.625%, 04/15/2029 (B) | &nbsp;&nbsp;154000 | &nbsp;&nbsp;&nbsp;&nbsp;151642 |
| Weir Group, Inc.<br> 5.350%, 05/06/2030 (B) | &nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;237640 |
| Williams Scotsman, Inc.<br> 6.625%, 06/15/2029 (B) | &nbsp;&nbsp;189000 | &nbsp;&nbsp;&nbsp;&nbsp;193320 |
|  |  | 18767765 |
| **Information technology – 3.0%** |  |  |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.419%, 04/15/2033 (B) | 1332000 | &nbsp;&nbsp;&nbsp;1232732 |
| &nbsp;&nbsp;&nbsp;4.550%, 02/15/2032 | &nbsp;&nbsp;223000 | &nbsp;&nbsp;&nbsp;&nbsp;224549 |
| &nbsp;&nbsp;&nbsp;4.800%, 02/15/2036 | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;508444 |
| &nbsp;&nbsp;&nbsp;4.900%, 07/15/2032 | &nbsp;&nbsp;787000 | &nbsp;&nbsp;&nbsp;&nbsp;805091 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Information technology (continued)** |  |  |
| Broadcom, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 02/15/2038 | $541000 | $&nbsp;&nbsp;&nbsp;&nbsp;538101 |
| CDW LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.100%, 03/01/2030 | 181000 | &nbsp;&nbsp;&nbsp;&nbsp;184210 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/22/2034 | 187000 | &nbsp;&nbsp;&nbsp;&nbsp;191742 |
| Cloud Software Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 08/15/2033 (B) | 166000 | &nbsp;&nbsp;&nbsp;&nbsp;168982 |
| &nbsp;&nbsp;&nbsp;8.250%, 06/30/2032 (B) | 157000 | &nbsp;&nbsp;&nbsp;&nbsp;166538 |
| Consensus Cloud Solutions, Inc.<br> 6.500%, 10/15/2028 (B) | 144000 | &nbsp;&nbsp;&nbsp;&nbsp;144634 |
| CoreWeave, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;9.000%, 02/01/2031 (B) | 364000 | &nbsp;&nbsp;&nbsp;&nbsp;373056 |
| &nbsp;&nbsp;&nbsp;9.250%, 06/01/2030 (B) | 276000 | &nbsp;&nbsp;&nbsp;&nbsp;285051 |
| Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 02/15/2031 (D) | 671000 | &nbsp;&nbsp;&nbsp;&nbsp;669449 |
| &nbsp;&nbsp;&nbsp;4.750%, 10/06/2032 (D) | 552000 | &nbsp;&nbsp;&nbsp;&nbsp;549532 |
| &nbsp;&nbsp;&nbsp;5.100%, 02/15/2036 (D) | 552000 | &nbsp;&nbsp;&nbsp;&nbsp;548921 |
| &nbsp;&nbsp;&nbsp;5.300%, 04/01/2032 | 566000 | &nbsp;&nbsp;&nbsp;&nbsp;584318 |
| &nbsp;&nbsp;&nbsp;5.400%, 04/15/2034 | 858000 | &nbsp;&nbsp;&nbsp;&nbsp;885900 |
| Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.100%, 01/25/2036 (B) | 533000 | &nbsp;&nbsp;&nbsp;&nbsp;566261 |
| &nbsp;&nbsp;&nbsp;6.250%, 01/25/2035 (B) | 767000 | &nbsp;&nbsp;&nbsp;&nbsp;821009 |
| Gartner, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 06/15/2029 (B) | 106000 | &nbsp;&nbsp;&nbsp;&nbsp;101565 |
| &nbsp;&nbsp;&nbsp;3.750%, 10/01/2030 (B) | 254000 | &nbsp;&nbsp;&nbsp;&nbsp;239862 |
| Kioxia Holdings Corp.<br> 6.625%, 07/24/2033 (B) | 731000 | &nbsp;&nbsp;&nbsp;&nbsp;751490 |
| Marvell Technology, Inc.<br> 5.950%, 09/15/2033 | 268000 | &nbsp;&nbsp;&nbsp;&nbsp;287540 |
| Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.703%, 04/15/2032 | 453000 | &nbsp;&nbsp;&nbsp;&nbsp;403124 |
| &nbsp;&nbsp;&nbsp;5.300%, 01/15/2031 | 422000 | &nbsp;&nbsp;&nbsp;&nbsp;436683 |
| &nbsp;&nbsp;&nbsp;5.650%, 11/01/2032 | 423000 | &nbsp;&nbsp;&nbsp;&nbsp;443909 |
| &nbsp;&nbsp;&nbsp;5.800%, 01/15/2035 | 347000 | &nbsp;&nbsp;&nbsp;&nbsp;365057 |
| Motorola Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 11/15/2030 | 786000 | &nbsp;&nbsp;&nbsp;&nbsp;710481 |
| &nbsp;&nbsp;&nbsp;2.750%, 05/24/2031 | 592000 | &nbsp;&nbsp;&nbsp;&nbsp;540412 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.800%, 09/26/2032 | 319000 | &nbsp;&nbsp;&nbsp;&nbsp;319384 |
| &nbsp;&nbsp;&nbsp;5.200%, 09/26/2035 | 373000 | &nbsp;&nbsp;&nbsp;&nbsp;375054 |
| &nbsp;&nbsp;&nbsp;5.250%, 02/03/2032 | 377000 | &nbsp;&nbsp;&nbsp;&nbsp;388667 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/06/2053 | 893000 | &nbsp;&nbsp;&nbsp;&nbsp;844979 |
| Pagaya US Holdings Company LLC<br> 8.875%, 08/01/2030 (B) | 370000 | &nbsp;&nbsp;&nbsp;&nbsp;344521 |
| Qorvo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 04/01/2031 (B) | 471000 | &nbsp;&nbsp;&nbsp;&nbsp;432746 |
| &nbsp;&nbsp;&nbsp;4.375%, 10/15/2029 | 311000 | &nbsp;&nbsp;&nbsp;&nbsp;304852 |
| Virtusa Corp.<br> 7.125%, 12/15/2028 (B) | 144000 | &nbsp;&nbsp;&nbsp;&nbsp;140688 |
|  |  | 16879534 |
| **Materials – 0.9%** |  |  |
| Alcoa Nederland Holding BV<br> 7.125%, 03/15/2031 (B) | 128000 | &nbsp;&nbsp;&nbsp;&nbsp;134551 |
| Aris Mining Corp.<br> 8.000%, 10/31/2029 (B) | 293000 | &nbsp;&nbsp;&nbsp;&nbsp;304626 |
| Capstone Copper Corp.<br> 6.750%, 03/31/2033 (B) | 112000 | &nbsp;&nbsp;&nbsp;&nbsp;115363 |
| Cemex SAB de CV<br> 3.875%, 07/11/2031 (B) | 486000 | &nbsp;&nbsp;&nbsp;&nbsp;461238 |
| Clydesdale Acquisition Holdings, Inc.<br> 6.875%, 01/15/2030 (B) | 335000 | &nbsp;&nbsp;&nbsp;&nbsp;343646 |
| CSN Resources SA<br> 4.625%, 06/10/2031 (B) | 598000 | &nbsp;&nbsp;&nbsp;&nbsp;485471 |
| First Quantum Minerals, Ltd.<br> 8.000%, 03/01/2033 (B) | 224000 | &nbsp;&nbsp;&nbsp;&nbsp;236512 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Materials (continued)** |  |  |
| Freeport-McMoRan, Inc.<br> 5.400%, 11/14/2034 | $382000 | $&nbsp;&nbsp;&nbsp;&nbsp;391512 |
| Graphic Packaging International LLC<br> 3.500%, 03/01/2029 (B) | 198000 | &nbsp;&nbsp;&nbsp;&nbsp;187706 |
| JH North America Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 01/31/2031 (B) | 106000 | &nbsp;&nbsp;&nbsp;&nbsp;107623 |
| &nbsp;&nbsp;&nbsp;6.125%, 07/31/2032 (B) | 383000 | &nbsp;&nbsp;&nbsp;&nbsp;392297 |
| Magnera Corp.<br> 7.250%, 11/15/2031 (B) | 638000 | &nbsp;&nbsp;&nbsp;&nbsp;600345 |
| Novelis Corp.<br> 4.750%, 01/30/2030 (B) | 459000 | &nbsp;&nbsp;&nbsp;&nbsp;442783 |
| Quikrete Holdings, Inc.<br> 6.375%, 03/01/2032 (B) | 306000 | &nbsp;&nbsp;&nbsp;&nbsp;316968 |
| Standard Building Solutions, Inc.<br> 6.250%, 08/01/2033 (B) | 368000 | &nbsp;&nbsp;&nbsp;&nbsp;372926 |
| Toucan FinCo, Ltd.<br> 9.500%, 05/15/2030 (B) | 384000 | &nbsp;&nbsp;&nbsp;&nbsp;376164 |
|  |  | 5269731 |
| **Real estate – 0.8%** |  |  |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.550%, 07/15/2033 | 342000 | &nbsp;&nbsp;&nbsp;&nbsp;358015 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/15/2033 | 342000 | &nbsp;&nbsp;&nbsp;&nbsp;360742 |
| CoStar Group, Inc.<br> 2.800%, 07/15/2030 (B) | 676000 | &nbsp;&nbsp;&nbsp;&nbsp;618864 |
| GLP Capital LP |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/15/2032 | 376000 | &nbsp;&nbsp;&nbsp;&nbsp;338277 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/15/2030 | 262000 | &nbsp;&nbsp;&nbsp;&nbsp;253729 |
| Iron Mountain Information Management Services, Inc.<br> 5.000%, 07/15/2032 (B) | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;121406 |
| Iron Mountain, Inc.<br> 5.250%, 07/15/2030 (B) | 249000 | &nbsp;&nbsp;&nbsp;&nbsp;246253 |
| Millrose Properties, Inc.<br> 6.375%, 08/01/2030 (B) | 490000 | &nbsp;&nbsp;&nbsp;&nbsp;498325 |
| Uniti Group LP<br> 6.500%, 02/15/2029 (B) | 179000 | &nbsp;&nbsp;&nbsp;&nbsp;168105 |
| VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2029 (B) | 296000 | &nbsp;&nbsp;&nbsp;&nbsp;288996 |
| &nbsp;&nbsp;&nbsp;5.125%, 11/15/2031 | 655000 | &nbsp;&nbsp;&nbsp;&nbsp;664576 |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2032 | 546000 | &nbsp;&nbsp;&nbsp;&nbsp;551374 |
| XHR LP<br> 6.625%, 05/15/2030 (B) | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;220907 |
|  |  | 4689569 |
| **Utilities – 3.2%** |  |  |
| AES Panama Generation Holdings SRL<br> 4.375%, 05/31/2030 (B) | 318003 | &nbsp;&nbsp;&nbsp;&nbsp;300513 |
| AltaGas, Ltd.<br> 7.200%, (7.200% to 10-15-34, then 5 Year CMT + 3.573%), 10/15/2054 (B) | 209000 | &nbsp;&nbsp;&nbsp;&nbsp;216192 |
| American Electric Power Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 03/01/2033 | 218000 | &nbsp;&nbsp;&nbsp;&nbsp;229160 |
| &nbsp;&nbsp;&nbsp;6.050%, (6.050% to 3-15-36, then 5 Year CMT + 1.940%), 03/15/2056 | 129000 | &nbsp;&nbsp;&nbsp;&nbsp;129181 |
| Capital Power US Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.257%, 06/01/2028 (B) | 216000 | &nbsp;&nbsp;&nbsp;&nbsp;220104 |
| &nbsp;&nbsp;&nbsp;6.189%, 06/01/2035 (B) | 365000 | &nbsp;&nbsp;&nbsp;&nbsp;382876 |
| CenterPoint Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.950%, (5.950% to 4-1-31, then 5 Year CMT + 2.223%), 04/01/2056 | 323000 | &nbsp;&nbsp;&nbsp;&nbsp;323000 |
| &nbsp;&nbsp;&nbsp;6.850%, (6.850% to 2-15-35, then 5 Year CMT + 2.946%), 02/15/2055 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;132588 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 2-15-30, then 5 Year CMT + 3.254%), 02/15/2055 | 587000 | &nbsp;&nbsp;&nbsp;&nbsp;611677 |
| Constellation Energy Generation LLC<br> 6.500%, 10/01/2053 | 261000 | &nbsp;&nbsp;&nbsp;&nbsp;290866 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.000%, (6.000% to 2-15-31, then 5 Year CMT + 2.262%), 02/15/2056 | $436000 | $439119 |
| &nbsp;&nbsp;&nbsp;6.200%, (6.200% to 2-15-36, then 5 Year CMT + 2.006%), 02/15/2056 | 539000 | 542527 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 2-1-30, then 5 Year CMT + 2.386%), 02/01/2055 | 405000 | 423903 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 6-1-34, then 5 Year CMT + 2.511%), 06/01/2054 | 185000 | 200593 |
| Duke Energy Corp.<br> 5.750%, 09/15/2033 | 596000 | 633048 |
| Electricite de France SA |  |  |
| &nbsp;&nbsp;&nbsp;5.650%, 04/22/2029 (B) | 651000 | 678862 |
| &nbsp;&nbsp;&nbsp;9.125%, (9.125% to 6-15-33, then 5 Year CMT + 5.411%), 03/15/2033 (B)(E) | 621000 | 719567 |
| Exelon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 03/15/2031 | 324000 | 334057 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 3-15-35, then 5 Year CMT + 1.975%), 03/15/2055 | 129000 | 134831 |
| FirstEnergy Corp.<br> 2.650%, 03/01/2030 | 379000 | 351634 |
| Georgia Power Company<br> 4.950%, 05/17/2033 | 340000 | 346832 |
| NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 06/01/2030 | 265000 | 241951 |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% to 8-15-30, then 5 Year CMT + 2.053%), 08/15/2055 | 299000 | 310470 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 8-15-35, then 5 Year CMT + 1.979%), 08/15/2055 | 108000 | 114401 |
| &nbsp;&nbsp;&nbsp;6.700%, (6.700% to 9-1-29, then 5 Year CMT + 2.364%), 09/01/2054 | 262000 | 271037 |
| NiSource, Inc.<br> 3.600%, 05/01/2030 | 289000 | 279855 |
| NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2031 (B) | 335000 | 309716 |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2032 (B) | 626000 | 576884 |
| &nbsp;&nbsp;&nbsp;4.450%, 06/15/2029 (B) | 356000 | 353006 |
| &nbsp;&nbsp;&nbsp;6.000%, 02/01/2033 (B) | 303000 | 307718 |
| &nbsp;&nbsp;&nbsp;6.250%, 11/01/2034 (B) | 249000 | 255248 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/15/2033 (B) | 497000 | 549532 |
| &nbsp;&nbsp;&nbsp;10.250%, (10.250% to 3-15-28, then 5 Year CMT + 5.920%), 03/15/2028 (B)(E) | 371000 | 404526 |
| Pacific Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 07/01/2050 | 282000 | 242037 |
| &nbsp;&nbsp;&nbsp;5.800%, 05/15/2034 | 430000 | 445550 |
| PacifiCorp<br> 7.375%, (7.375% to 9-15-30, then 5 Year CMT + 3.319%), 09/15/2055 | 399000 | 420076 |
| PG&E Corp.<br> 7.375%, (7.375% to 3-15-30, then 5 Year CMT + 3.883%), 03/15/2055 | 698000 | 717090 |
| Sempra |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 08/01/2033 | 428000 | 446101 |
| &nbsp;&nbsp;&nbsp;6.400%, (6.400% to 10-1-34, then 5 Year CMT + 2.632%), 10/01/2054 | 422000 | 431195 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 10-1-29, then 5 Year CMT + 2.789%), 10/01/2054 | 398000 | 412396 |
| The Southern Company |  |  |
| &nbsp;&nbsp;&nbsp;5.200%, 06/15/2033 | 199000 | 204583 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/15/2034 | 490000 | 517515 |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% to 3-15-35, then 5 Year CMT + 2.069%), 03/15/2055 | 537000 | 572228 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| Vistra Corp.<br> 8.000%, (8.000% to 10-15-26, then 5 Year CMT + 6.930%), 10/15/2026 (B)(E) | 172000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175932 |
| Vistra Operations Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 07/15/2029 (B) | 781000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774997 |
| &nbsp;&nbsp;&nbsp;6.875%, 04/15/2032 (B) | 228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238460 |
| &nbsp;&nbsp;&nbsp;6.950%, 10/15/2033 (B) | 431000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480712 |
|  |  | &nbsp;&nbsp;&nbsp;17694346 |
| TOTAL CORPORATE BONDS (Cost $216,756,910) |  | $221487202 |
| **MUNICIPAL BONDS – 0.0%** |  |  |
| Golden State Tobacco Securitization Corp. (California)<br> 4.214%, 06/01/2050 | 231000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171193 |
| TOTAL MUNICIPAL BONDS (Cost $231,000) | TOTAL MUNICIPAL BONDS (Cost $231,000) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171193 |
| **TERM LOANS (F) – 0.3%** | **TERM LOANS (F) – 0.3%** |  |
| **Financials – 0.1%** |  |  |
| AmWINS Group, Inc., 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.252%, 01/30/2032 | 310516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310311 |
| **Health care – 0.0%** |  |  |
| Endo Finance Holdings, Inc., 2024 1st Lien Term Loan (1 month CME Term SOFR + 4.000%) 8.163%, 04/23/2031 | 189090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189366 |
| **Industrials – 0.1%** |  |  |
| GFL ES US LLC, 2025 Term Loan B (3 month CME Term SOFR + 2.500%) 6.671%, 03/03/2032 | 228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227701 |
| Gloves Buyer, Inc., 2025 Term Loan (1 month CME Term SOFR + 4.000%) 8.163%, 05/21/2032 | 555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537795 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765496 |
| **Information technology – 0.0%** |  |  |
| Clearwater Analytics LLC, 2025 Term Loan B (6 month CME Term SOFR + 2.250%) 6.460%, 04/21/2032 | 104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104000 |
| **Materials – 0.1%** |  |  |
| Quikrete Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 02/10/2032 | 278600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278411 |
| TOTAL TERM LOANS (Cost $1,661,605) | TOTAL TERM LOANS (Cost $1,661,605) | $&nbsp;&nbsp;&nbsp;&nbsp;1647584 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 4.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 4.0%** |  |
| **Commercial and residential – 3.0%** |  |  |
| Angel Oak Mortgage Trust LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 1.035%, 01/20/2065 (B)(G) | 189910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160336 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter),<br> 4.800%, 11/26/2068 (B) | 366958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364992 |
| Arroyo Mortgage Trust<br> Series 2021-1R, Class A1<br> 1.175%, 10/25/2048 (B)(G) | 113425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102610 |
| Avenue of Americas<br> Series 2025-1301, Class A<br> 5.227%, 08/11/2042 (B)(G) | 423000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428444 |
| BAHA Trust<br> Series 2024-MAR, Class A<br> 6.171%, 12/10/2041 (B)(G) | 554000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572867 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| BAMLL Commercial Mortgage Securities Trust<br> Series 2019-BPR, Class ENM<br> 3.843%, 11/05/2032 (B)(G) | $&nbsp;&nbsp;&nbsp;&nbsp;116000 | $&nbsp;&nbsp;&nbsp;97135 |
| BANK<br> Series 2021-BN34, Class XA IO<br> 1.067%, 06/15/2063 | 12620254 | 484879 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-C6, Class A2,<br> 2.690%, 02/15/2053 | &nbsp;&nbsp;&nbsp;&nbsp;72228 | &nbsp;&nbsp;&nbsp;68007 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C29, Class A3,<br> 5.208%, 09/15/2057 | &nbsp;&nbsp;&nbsp;&nbsp;151000 | 155013 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C31, Class A3,<br> 5.609%, 12/15/2057 | &nbsp;&nbsp;&nbsp;&nbsp;168000 | 175274 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-B12, Class A2,<br> 3.001%, 08/15/2052 | &nbsp;&nbsp;&nbsp;&nbsp;170071 | 167785 |
| &nbsp;&nbsp;&nbsp;Series 2024-V12, Class A3,<br> 5.738%, 12/15/2057 | &nbsp;&nbsp;&nbsp;&nbsp;523000 | 547909 |
| BMO Mortgage Trust<br> Series 2024-5C8, Class A3<br> 5.625%, 12/15/2057 (G) | &nbsp;&nbsp;&nbsp;&nbsp;163000 | 169869 |
| BRAVO Residential Funding Trust<br> Series 2021-NQM1, Class A1<br> 0.941%, 02/25/2049 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;115774 | 108621 |
| BX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-OC11, Class A,<br> 3.202%, 12/09/2041 (B) | &nbsp;&nbsp;&nbsp;&nbsp;229000 | 216402 |
| &nbsp;&nbsp;&nbsp;Series 2019-OC11, Class D,<br> 4.075%, 12/09/2041 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;300000 | 283724 |
| &nbsp;&nbsp;&nbsp;Series 2022-CLS, Class A,<br> 5.760%, 10/13/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;267000 | 268959 |
| CENT Trust<br> Series 2025-CITY, Class A<br> 5.091%, 07/10/2040 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;278000 | 281144 |
| CHL Mortgage Pass-Through Trust<br> Series 2004-HYB2, Class 4A<br> 6.722%, 07/20/2034 (G) | &nbsp;&nbsp;&nbsp;&nbsp;235124 | 230891 |
| Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-C7, Class XA IO,<br> 0.944%, 12/15/2072 | 14342470 | 426049 |
| &nbsp;&nbsp;&nbsp;Series 2023-SMRT, Class A,<br> 6.015%, 10/12/2040 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;340000 | 350436 |
| COLT Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.924%, 08/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;167349 | 141862 |
| &nbsp;&nbsp;&nbsp;Series 2025-6, Class A1 (5.529% to 7-1-29, then 6.529% thereafter),<br> 5.529%, 08/25/2070 (B) | &nbsp;&nbsp;&nbsp;&nbsp;224712 | 226729 |
| COLT Trust<br> Series 2020-RPL1, Class A1<br> 1.390%, 01/25/2065 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;332747 | 288927 |
| Commercial Mortgage Trust (Citigroup/Deutsche Bank AG)<br> Series 2018-COR3, Class XA IO<br> 0.577%, 05/10/2051 | &nbsp;&nbsp;4954089 | &nbsp;&nbsp;&nbsp;46609 |
| Credit Suisse Mortgage<br> Capital Certificates |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.179%, 02/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;92219 | &nbsp;&nbsp;&nbsp;82756 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.015%, 04/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;124115 | 107369 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Credit Suisse Mortgage<br> Capital Certificates (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM6, Class A1,<br> 1.174%, 07/25/2066 (B)(G) | $&nbsp;&nbsp;&nbsp;&nbsp;353827 | $303452 |
| DSLA Mortgage Loan Trust<br> Series 2004-AR3, Class 2A2B (1 month CME Term SOFR + 1.014%)<br> 5.148%, 07/19/2044 (A) | &nbsp;&nbsp;&nbsp;&nbsp;193635 | 186420 |
| Ellington Financial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 0.797%, 02/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;45452 | &nbsp;&nbsp;&nbsp;39780 |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.931%, 06/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;161840 | 136107 |
| &nbsp;&nbsp;&nbsp;Series 2025-INV4, Class A1,<br> 5.100%, 10/25/2070 (B) | &nbsp;&nbsp;&nbsp;&nbsp;199000 | 199090 |
| Flagstar Mortgage Trust<br> Series 2021-1, Class A2<br> 2.500%, 02/01/2051 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;289936 | 240036 |
| FREMF Mortgage Trust<br> Series 2019-KF69, Class B (30 day Average SOFR + 2.414%)<br> 6.769%, 08/25/2029 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;87868 | &nbsp;&nbsp;&nbsp;84355 |
| GCAT Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 0.874%, 01/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;100206 | &nbsp;&nbsp;&nbsp;89637 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.036%, 05/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;109407 | &nbsp;&nbsp;&nbsp;94250 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.091%, 05/25/2066 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;169858 | 147535 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM5, Class A1,<br> 4.981%, 08/25/2070 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;263000 | 262871 |
| GS Mortgage-Backed Securities Trust<br> Series 2021-NQM1, Class A1<br> 1.017%, 07/25/2061 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;74527 | &nbsp;&nbsp;&nbsp;67371 |
| HarborView Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2007-3, Class ES IO,<br> 0.350%, 05/19/2037 (B) | &nbsp;&nbsp;5857746 | &nbsp;&nbsp;&nbsp;91813 |
| &nbsp;&nbsp;&nbsp;Series 2007-4, Class ES IO,<br> 0.350%, 07/19/2037 | &nbsp;&nbsp;6065610 | &nbsp;&nbsp;&nbsp;95096 |
| &nbsp;&nbsp;&nbsp;Series 2007-6, Class ES IO,<br> 0.343%, 08/19/2037 (B) | &nbsp;&nbsp;6657834 | &nbsp;&nbsp;&nbsp;79320 |
| Hudson Yards Mortgage Trust<br> Series 2025-SPRL, Class A<br> 5.649%, 01/13/2040 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;476000 | 491897 |
| Imperial Fund Mortgage Trust<br> Series 2021-NQM1, Class A1<br> 1.071%, 06/25/2056 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;96443 | &nbsp;&nbsp;&nbsp;84605 |
| JPMorgan Chase Commercial Mortgage Securities Trust<br> Series 2020-NNN, Class AFX<br> 2.812%, 01/16/2037 (B) | &nbsp;&nbsp;&nbsp;&nbsp;258000 | 230910 |
| MASTR Adjustable Rate<br> Mortgages Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2004-13, Class 2A1,<br> 6.592%, 04/21/2034 (G) | &nbsp;&nbsp;&nbsp;&nbsp;35946 | &nbsp;&nbsp;&nbsp;35391 |
| &nbsp;&nbsp;&nbsp;Series 2004-8, Class 5A1,<br> 6.606%, 08/25/2034 (G) | &nbsp;&nbsp;&nbsp;&nbsp;19674 | &nbsp;&nbsp;&nbsp;19335 |
| MFA Trust<br> Series 2021-NQM1, Class A1<br> 1.153%, 04/25/2065 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;60243 | &nbsp;&nbsp;&nbsp;56747 |
| Morgan Stanley Capital I Trust<br> Series 2019-L3, Class XA IO<br> 0.711%, 11/15/2052 | 19772629 | 419490 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Natixis Commercial Mortgage Securities Trust<br> Series 2018-ALXA, Class C<br> 4.460%, 01/15/2043 (B)(G) | $&nbsp;&nbsp;98000 | $&nbsp;&nbsp;&nbsp;91076 |
| NXPT Commercial Mortgage Trust<br> Series 2024-STOR, Class A<br> 4.455%, 11/05/2041 (B)(G) | 279000 | 275998 |
| NYMT Loan Trust<br> Series 2022-CP1, Class A1<br> 2.042%, 07/25/2061 (B) | &nbsp;&nbsp;97337 | &nbsp;&nbsp;&nbsp;91849 |
| OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-EXP2, Class A3,<br> 2.500%, 05/25/2060 (B)(G) | &nbsp;&nbsp;80524 | &nbsp;&nbsp;&nbsp;67408 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.101%, 05/25/2061 (B)(G) | 270921 | 224875 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM18, Class A1,<br> 5.057%, 09/25/2065 (B)(G) | 167000 | 167007 |
| Provident Funding Mortgage Trust<br> Series 2020-F1, Class A2<br> 2.000%, 01/25/2036 (B)(G) | 221646 | 198036 |
| ROCK Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class A,<br> 5.388%, 11/13/2041 (B) | 446000 | 459521 |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class D,<br> 7.109%, 11/13/2041 (B) | 557000 | 581022 |
| Sequoia Mortgage Trust<br> Series 2005-3, Class A1 (1 month CME Term SOFR + 0.514%)<br> 4.650%, 05/20/2035 (A) | &nbsp;&nbsp;16256 | &nbsp;&nbsp;&nbsp;14969 |
| SLG Office Trust<br> Series 2021-OVA, Class D<br> 2.851%, 07/15/2041 (B) | 352000 | 304659 |
| Structured Asset Securities Corp.<br> Series 1998-RF2, Class A<br> 4.739%, 07/15/2027 (B)(G) | &nbsp;&nbsp;24214 | &nbsp;&nbsp;&nbsp;24173 |
| Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-6, Class M2,<br> 3.750%, 04/25/2055 (B)(G) | 882638 | 873079 |
| &nbsp;&nbsp;&nbsp;Series 2018-4, Class A1,<br> 3.000%, 06/25/2058 (B)(G) | 168721 | 160330 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class A1,<br> 3.750%, 03/25/2058 (B)(G) | 115268 | 112282 |
| &nbsp;&nbsp;&nbsp;Series 2019-4, Class A1,<br> 2.900%, 10/25/2059 (B)(G) | &nbsp;&nbsp;98373 | &nbsp;&nbsp;&nbsp;94535 |
| &nbsp;&nbsp;&nbsp;Series 2020-4, Class A1,<br> 1.750%, 10/25/2060 (B) | 256483 | 233656 |
| &nbsp;&nbsp;&nbsp;Series 2024-4, Class A1A,<br> 4.527%, 10/27/2064 (B)(G) | 599466 | 600545 |
| VDCM Commercial Mortgage Trust<br> Series 2025-AZ, Class A<br> 5.229%, 07/13/2044 (B)(G) | 324000 | 327266 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1,<br> 1.046%, 06/25/2066 (B)(G) | 186748 | 164257 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 0.938%, 07/25/2066 (B)(G) | 111202 | &nbsp;&nbsp;&nbsp;94530 |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 1.013%, 09/25/2066 (B)(G) | 155651 | 135542 |
| &nbsp;&nbsp;&nbsp;Series 2021-R1, Class A1,<br> 0.820%, 10/25/2063 (B)(G) | &nbsp;&nbsp;37880 | &nbsp;&nbsp;&nbsp;36449 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Washington Mutual Mortgage Pass Through Certificates<br> Series 2005-1, Class 6A1<br> 6.500%, 03/25/2035 | $&nbsp;&nbsp;&nbsp;&nbsp;147268 | $&nbsp;&nbsp;&nbsp;&nbsp;129211 |
| Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-5C4, Class A3,<br> 5.673%, 05/15/2058 | &nbsp;&nbsp;&nbsp;&nbsp;319000 | &nbsp;&nbsp;&nbsp;&nbsp;334291 |
| &nbsp;&nbsp;&nbsp;Series 2025-5C6, Class A3,<br> 5.186%, 10/15/2058 (D) | &nbsp;&nbsp;&nbsp;&nbsp;368000 | &nbsp;&nbsp;&nbsp;&nbsp;378626 |
| WHARF Commercial Mortgage Trust<br> Series 2025-DC, Class A<br> 5.528%, 07/15/2040 (B)(G) | &nbsp;&nbsp;&nbsp;&nbsp;224000 | &nbsp;&nbsp;&nbsp;&nbsp;229728 |
|  |  | 16416026 |
| **U.S. Government Agency – 1.0%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series 290, Class IO,<br> 3.500%, 11/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;396345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30268 |
| &nbsp;&nbsp;&nbsp;Series 3387, Class SB IO,<br> 1.933%, 11/15/2037 | &nbsp;&nbsp;&nbsp;&nbsp;457722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43590 |
| &nbsp;&nbsp;&nbsp;Series K109, Class X1 IO,<br> 1.685%, 04/25/2030 | &nbsp;&nbsp;3047171 | &nbsp;&nbsp;&nbsp;&nbsp;177661 |
| &nbsp;&nbsp;&nbsp;Series K121, Class X1 IO,<br> 1.111%, 10/25/2030 | 12512562 | &nbsp;&nbsp;&nbsp;&nbsp;512630 |
| &nbsp;&nbsp;&nbsp;Series T-41, Class 3A,<br> 4.404%, 07/25/2032 (G) | &nbsp;&nbsp;&nbsp;&nbsp;30593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28199 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2001-50, Class BA,<br> 7.000%, 10/25/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2096 |
| &nbsp;&nbsp;&nbsp;Series 2002-W3, Class A5,<br> 7.500%, 11/25/2041 | &nbsp;&nbsp;&nbsp;&nbsp;33669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35314 |
| &nbsp;&nbsp;&nbsp;Series 2012-137, Class WI IO,<br> 3.500%, 12/25/2032 | &nbsp;&nbsp;&nbsp;&nbsp;354187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28357 |
| &nbsp;&nbsp;&nbsp;Series 2022-22, Class B,<br> 2.000%, 07/25/2054 | &nbsp;&nbsp;1007717 | &nbsp;&nbsp;&nbsp;&nbsp;604454 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2008-90, Class IO,<br> 2.017%, 12/16/2050 | &nbsp;&nbsp;1946976 | &nbsp;&nbsp;&nbsp;&nbsp;245050 |
| &nbsp;&nbsp;&nbsp;Series 2010-147, Class SA IO,<br> 1.920%, 05/20/2040 | &nbsp;&nbsp;&nbsp;&nbsp;113505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2833 |
| &nbsp;&nbsp;&nbsp;Series 2010-85, Class SB IO,<br> 2.339%, 03/16/2040 | &nbsp;&nbsp;&nbsp;&nbsp;288029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14249 |
| &nbsp;&nbsp;&nbsp;Series 2012-114, Class IO,<br> 0.609%, 01/16/2053 | &nbsp;&nbsp;&nbsp;&nbsp;195811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2921 |
| &nbsp;&nbsp;&nbsp;Series 2012-120, Class IO,<br> 0.645%, 02/16/2053 | &nbsp;&nbsp;2849961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42674 |
| &nbsp;&nbsp;&nbsp;Series 2015-86, Class IO,<br> 0.404%, 05/16/2052 | 18786445 | &nbsp;&nbsp;&nbsp;&nbsp;259895 |
| &nbsp;&nbsp;&nbsp;Series 2016-174, Class IO,<br> 0.726%, 11/16/2056 | &nbsp;&nbsp;&nbsp;&nbsp;233434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7310 |
| &nbsp;&nbsp;&nbsp;Series 2017-109, Class IO,<br> 0.225%, 04/16/2057 | &nbsp;&nbsp;&nbsp;&nbsp;458370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4936 |
| &nbsp;&nbsp;&nbsp;Series 2017-124, Class IO,<br> 0.625%, 01/16/2059 | &nbsp;&nbsp;&nbsp;&nbsp;524137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18250 |
| &nbsp;&nbsp;&nbsp;Series 2017-135, Class IO,<br> 0.695%, 10/16/2058 | &nbsp;&nbsp;&nbsp;&nbsp;820688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26401 |
| &nbsp;&nbsp;&nbsp;Series 2017-140, Class IO,<br> 0.485%, 02/16/2059 | &nbsp;&nbsp;&nbsp;&nbsp;361099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9696 |
| &nbsp;&nbsp;&nbsp;Series 2017-159, Class IO,<br> 0.430%, 06/16/2059 | &nbsp;&nbsp;&nbsp;&nbsp;584152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14769 |
| &nbsp;&nbsp;&nbsp;Series 2017-169, Class IO,<br> 0.521%, 01/16/2060 | &nbsp;&nbsp;1610224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44619 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-20, Class IO,<br> 0.490%, 12/16/2058 | $1217890 | $&nbsp;&nbsp;&nbsp;25340 |
| &nbsp;&nbsp;&nbsp;Series 2017-22, Class IO,<br> 0.773%, 12/16/2057 | &nbsp;&nbsp;166701 | &nbsp;&nbsp;&nbsp;&nbsp;6078 |
| &nbsp;&nbsp;&nbsp;Series 2017-41, Class IO,<br> 0.498%, 07/16/2058 | &nbsp;&nbsp;329434 | &nbsp;&nbsp;&nbsp;&nbsp;7853 |
| &nbsp;&nbsp;&nbsp;Series 2017-46, Class IO,<br> 0.648%, 11/16/2057 | &nbsp;&nbsp;518931 | &nbsp;&nbsp;&nbsp;19433 |
| &nbsp;&nbsp;&nbsp;Series 2017-61, Class IO,<br> 0.688%, 05/16/2059 | &nbsp;&nbsp;199774 | &nbsp;&nbsp;&nbsp;&nbsp;6952 |
| &nbsp;&nbsp;&nbsp;Series 2018-158, Class IO,<br> 0.797%, 05/16/2061 | 1516619 | &nbsp;&nbsp;&nbsp;90483 |
| &nbsp;&nbsp;&nbsp;Series 2018-35, Class IO,<br> 0.543%, 03/16/2060 | 1327307 | &nbsp;&nbsp;&nbsp;42584 |
| &nbsp;&nbsp;&nbsp;Series 2018-43, Class IO,<br> 0.455%, 05/16/2060 | &nbsp;&nbsp;987009 | &nbsp;&nbsp;&nbsp;31502 |
| &nbsp;&nbsp;&nbsp;Series 2018-69, Class IO,<br> 0.609%, 04/16/2060 | &nbsp;&nbsp;343892 | &nbsp;&nbsp;&nbsp;15546 |
| &nbsp;&nbsp;&nbsp;Series 2018-81, Class IO,<br> 0.486%, 01/16/2060 | &nbsp;&nbsp;261098 | &nbsp;&nbsp;&nbsp;10808 |
| &nbsp;&nbsp;&nbsp;Series 2018-9, Class IO,<br> 0.444%, 01/16/2060 | 1551270 | &nbsp;&nbsp;&nbsp;46306 |
| &nbsp;&nbsp;&nbsp;Series 2019-131, Class IO,<br> 0.803%, 07/16/2061 | 1195786 | &nbsp;&nbsp;&nbsp;68348 |
| &nbsp;&nbsp;&nbsp;Series 2020-100, Class IO,<br> 0.786%, 05/16/2062 | 1389468 | &nbsp;&nbsp;&nbsp;83510 |
| &nbsp;&nbsp;&nbsp;Series 2020-108, Class IO,<br> 0.847%, 06/16/2062 | 3020366 | 174402 |
| &nbsp;&nbsp;&nbsp;Series 2020-114, Class IO,<br> 0.798%, 09/16/2062 | 3225204 | 173467 |
| &nbsp;&nbsp;&nbsp;Series 2020-118, Class IO,<br> 0.884%, 06/16/2062 | 2350099 | 147160 |
| &nbsp;&nbsp;&nbsp;Series 2020-119, Class IO,<br> 0.607%, 08/16/2062 | 1295606 | &nbsp;&nbsp;&nbsp;59984 |
| &nbsp;&nbsp;&nbsp;Series 2020-120, Class IO,<br> 0.758%, 05/16/2062 | &nbsp;&nbsp;725884 | &nbsp;&nbsp;&nbsp;42503 |
| &nbsp;&nbsp;&nbsp;Series 2020-137, Class IO,<br> 0.798%, 09/16/2062 | 3485807 | 201733 |
| &nbsp;&nbsp;&nbsp;Series 2020-143, Class IB IO,<br> 0.883%, 03/16/2062 | 4006408 | 254060 |
| &nbsp;&nbsp;&nbsp;Series 2020-150, Class IO,<br> 0.966%, 12/16/2062 | 2119235 | 148822 |
| &nbsp;&nbsp;&nbsp;Series 2020-170, Class IO,<br> 0.836%, 11/16/2062 | 2814084 | 182108 |
| &nbsp;&nbsp;&nbsp;Series 2020-28, Class IO,<br> 0.822%, 11/16/2061 | 5012977 | 283719 |
| &nbsp;&nbsp;&nbsp;Series 2020-92, Class IO,<br> 0.881%, 02/16/2062 | 3204271 | 183656 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class IO,<br> 0.870%, 09/16/2062 | 3523476 | 225319 |
| &nbsp;&nbsp;&nbsp;Series 2021-40, Class IO,<br> 0.822%, 02/16/2063 | &nbsp;&nbsp;865015 | &nbsp;&nbsp;&nbsp;53297 |
| &nbsp;&nbsp;&nbsp;Series 2022-150, Class IO,<br> 0.822%, 06/16/2064 | &nbsp;&nbsp;297860 | &nbsp;&nbsp;&nbsp;17108 |
| &nbsp;&nbsp;&nbsp;Series 2022-17, Class IO,<br> 0.802%, 06/16/2064 | 1923741 | 110255 |
| &nbsp;&nbsp;&nbsp;Series 2022-181, Class IO,<br> 0.720%, 07/16/2064 | &nbsp;&nbsp;918702 | &nbsp;&nbsp;&nbsp;55609 |
| &nbsp;&nbsp;&nbsp;Series 2022-21, Class IO,<br> 0.785%, 10/16/2063 | &nbsp;&nbsp;849288 | &nbsp;&nbsp;&nbsp;46912 |
| &nbsp;&nbsp;&nbsp;Series 2023-177, Class IO,<br> 0.859%, 06/16/2065 | 1981787 | 118953 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-197, Class IO,<br> 1.241%, 09/16/2065 | &nbsp;&nbsp;599906 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50554 |
| &nbsp;&nbsp;&nbsp;Series 2023-30, Class IO,<br> 1.001%, 11/16/2064 | 1216073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82403 |
| &nbsp;&nbsp;&nbsp;Series 2024-179, Class XI IO,<br> 0.831%, 12/16/2066 | 4499545 | &nbsp;&nbsp;&nbsp;&nbsp;323851 |
| &nbsp;&nbsp;&nbsp;Series 2025-126, Class IO,<br> 0.768%, 05/16/2067 | 2274351 | &nbsp;&nbsp;&nbsp;&nbsp;163050 |
|  |  | &nbsp;&nbsp;&nbsp;5709840 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $26,006,052) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $26,006,052) | $22125866 |
| **ASSET-BACKED SECURITIES – 5.2%** | **ASSET-BACKED SECURITIES – 5.2%** |  |
| ABPCI Direct Lending Fund I, Ltd.<br> Series 2020-1A, Class A<br> 3.199%, 12/29/2030 (B) | &nbsp;&nbsp;&nbsp;&nbsp;77341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76448 |
| Aligned Data Centers Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 1.937%, 08/15/2046 (B) | &nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp;119081 |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class A2<br> 6.500%, 11/16/2048 (B) | &nbsp;&nbsp;193000 | &nbsp;&nbsp;&nbsp;&nbsp;196611 |
| AMSR Trust<br> Series 2025-SFR1, Class A<br> 3.655%, 06/17/2042 (B) | &nbsp;&nbsp;177000 | &nbsp;&nbsp;&nbsp;&nbsp;170168 |
| Aqua Finance Trust<br> Series 2021-A, Class A<br> 1.540%, 07/17/2046 (B) | &nbsp;&nbsp;&nbsp;&nbsp;54516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50531 |
| Arby's Funding LLC<br> Series 2020-1A, Class A2<br> 3.237%, 07/30/2050 (B) | &nbsp;&nbsp;451250 | &nbsp;&nbsp;&nbsp;&nbsp;435757 |
| Centex Home Equity Loan Trust<br> Series 2005-A, Class M4 (1 month CME Term SOFR + 1.314%)<br> 5.472%, 01/25/2035 (A) | &nbsp;&nbsp;156736 | &nbsp;&nbsp;&nbsp;&nbsp;151483 |
| CF Hippolyta Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class A1<br> 1.690%, 07/15/2060 (B) | &nbsp;&nbsp;391242 | &nbsp;&nbsp;&nbsp;&nbsp;336055 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A1<br> 1.530%, 03/15/2061 (B) | &nbsp;&nbsp;360226 | &nbsp;&nbsp;&nbsp;&nbsp;299895 |
| CLI Funding IX LLC<br> Series 2025-1A, Class A<br> 5.350%, 06/20/2050 (B) | &nbsp;&nbsp;345003 | &nbsp;&nbsp;&nbsp;&nbsp;349731 |
| CLI Funding VI LLC<br> Series 2020-1A, Class A<br> 2.080%, 09/18/2045 (B) | &nbsp;&nbsp;305201 | &nbsp;&nbsp;&nbsp;&nbsp;285608 |
| CLI Funding VIII LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A<br> 1.640%, 02/18/2046 (B) | &nbsp;&nbsp;237795 | &nbsp;&nbsp;&nbsp;&nbsp;219719 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A<br> 2.720%, 01/18/2047 (B) | &nbsp;&nbsp;573167 | &nbsp;&nbsp;&nbsp;&nbsp;529848 |
| Compass Datacenters Issuer II LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A1<br> 5.250%, 02/25/2049 (B) | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;382814 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A1<br> 5.316%, 05/25/2050 (B) | &nbsp;&nbsp;322000 | &nbsp;&nbsp;&nbsp;&nbsp;326026 |
| Compass Datacenters Issuer III LLC<br> Series 2025-2A, Class A2<br> 5.835%, 02/25/2050 (B) | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;179763 |
| Concord Music Royalties LLC<br> Series 2025-2A, Class A<br> 5.785%, 07/20/2075 (B) | &nbsp;&nbsp;306000 | &nbsp;&nbsp;&nbsp;&nbsp;309673 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Consolidated Communications LLC<br> Series 2025-1A, Class A2<br> 6.000%, 05/20/2055 (B) | $&nbsp;&nbsp;392000 | $&nbsp;&nbsp;&nbsp;&nbsp;401732 |
| ContiMortgage Home Equity Loan Trust<br> Series 1995-2, Class A5<br> 8.100%, 08/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;5120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3319 |
| CyrusOne Data Centers Issuer I LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2<br> 4.300%, 04/20/2048 (B) | &nbsp;&nbsp;607000 | &nbsp;&nbsp;&nbsp;&nbsp;595927 |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2<br> 4.500%, 05/20/2049 (B) | &nbsp;&nbsp;571000 | &nbsp;&nbsp;&nbsp;&nbsp;561436 |
| DataBank Issuer<br> Series 2021-1A, Class A2<br> 2.060%, 02/27/2051 (B) | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;222275 |
| DB Master Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-1A, Class A2II<br> 4.030%, 11/20/2047 (B) | &nbsp;&nbsp;184075 | &nbsp;&nbsp;&nbsp;&nbsp;181969 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2II<br> 2.493%, 11/20/2051 (B) | &nbsp;&nbsp;962500 | &nbsp;&nbsp;&nbsp;&nbsp;907118 |
| Diamond Infrastructure Funding LLC<br> Series 2021-1A, Class C<br> 3.475%, 04/15/2049 (B) | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;355672 |
| Domino's Pizza Master Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.662%, 04/25/2051 (B) | 1302178 | 1231023 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2I<br> 4.930%, 07/25/2055 (B) | &nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;232331 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II<br> 5.217%, 07/25/2055 (B) | &nbsp;&nbsp;268000 | &nbsp;&nbsp;&nbsp;&nbsp;270118 |
| Driven Brands Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2A, Class A2<br> 3.237%, 01/20/2051 (B) | &nbsp;&nbsp;276736 | &nbsp;&nbsp;&nbsp;&nbsp;267371 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.791%, 10/20/2051 (B) | &nbsp;&nbsp;406627 | &nbsp;&nbsp;&nbsp;&nbsp;383254 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.296%, 10/20/2055 (B) | &nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;289310 |
| FirstKey Homes Trust<br> Series 2021-SFR1, Class D<br> 2.189%, 08/17/2038 (B) | &nbsp;&nbsp;246000 | &nbsp;&nbsp;&nbsp;&nbsp;239965 |
| GM Financial Revolving Receivables Trust<br> Series 2024-1, Class A<br> 4.980%, 12/11/2036 (B) | &nbsp;&nbsp;298000 | &nbsp;&nbsp;&nbsp;&nbsp;305808 |
| Golub Capital Partners Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2<br> 3.208%, 01/22/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;83032 | &nbsp;&nbsp;&nbsp;&nbsp;82907 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.773%, 04/20/2029 (B) | &nbsp;&nbsp;219160 | &nbsp;&nbsp;&nbsp;&nbsp;218268 |
| HI-FI Music IP Issuer LP<br> Series 2022-1A, Class A2<br> 3.939%, 02/01/2062 (B) | &nbsp;&nbsp;483000 | &nbsp;&nbsp;&nbsp;&nbsp;475751 |
| Hotwire Funding LLC<br> Series 2024-1A, Class A2<br> 5.893%, 06/20/2054 (B) | &nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;150504 |
| Invitation Homes Trust<br> Series 2024-SFR1, Class A<br> 4.000%, 09/17/2041 (B) | &nbsp;&nbsp;588991 | &nbsp;&nbsp;&nbsp;&nbsp;578544 |
| Jersey Mike's Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.636%, 02/15/2055 (B) | &nbsp;&nbsp;448745 | &nbsp;&nbsp;&nbsp;&nbsp;457307 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.610%, 08/16/2055 (B) | &nbsp;&nbsp;434000 | &nbsp;&nbsp;&nbsp;&nbsp;443153 |
| Lyra Music Assets LP<br> Series 2025-1A, Class A2<br> 5.604%, 09/20/2065 (B) | &nbsp;&nbsp;277000 | &nbsp;&nbsp;&nbsp;&nbsp;280121 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| MetroNet Infrastructure Issuer LLC<br> Series 2025-2A, Class A2<br> 5.400%, 08/20/2055 (B) | $380000 | $385677 |
| Navient Student Loan Trust<br> Series 2020-2A, Class A1A<br> 1.320%, 08/26/2069 (B) | 119662 | 104688 |
| Neighborly Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 3.584%, 04/30/2051 (B) | 531413 | 503445 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2<br> 3.695%, 01/30/2052 (B) | 246075 | 230396 |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2<br> 7.308%, 01/30/2053 (B) | 487500 | 493828 |
| New Economy Assets - Phase 1<br> Sponsor LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1<br> 1.910%, 10/20/2061 (B) | 503000 | 419576 |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class B1<br> 2.410%, 10/20/2061 (B) | 389000 | 258353 |
| NRZ Excess Spread-Collateralized Notes<br> Series 2021-FHT1, Class A<br> 3.104%, 07/25/2026 (B) | &nbsp;&nbsp;34840 | &nbsp;&nbsp;&nbsp;34283 |
| Progress Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR3, Class D<br> 4.450%, 04/17/2039 (B) | 950000 | 935320 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A<br> 3.400%, 02/17/2042 (B) | 383526 | 366372 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR2, Class A<br> 3.305%, 04/17/2042 (B) | 259444 | 246150 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class A<br> 3.850%, 10/17/2042 (B) | 326000 | 313567 |
| Renaissance Home Equity Loan Trust<br> Series 2005-2, Class AF4<br> 5.434%, 08/25/2035 | &nbsp;&nbsp;10523 | &nbsp;&nbsp;&nbsp;10504 |
| Retained Vantage Data Centers Issuer LLC<br> Series 2023-1A, Class A2A<br> 5.000%, 09/15/2048 (B) | 827000 | 827806 |
| RIN II, Ltd.<br> Series 2019-1A, Class AR (3 month CME Term SOFR + 1.480%)<br> 5.798%, 01/15/2038 (A)(B) | 278000 | 278576 |
| RIN XII LLC<br> Series 2025-1A, Class A1 (3 month CME Term SOFR + 1.300%)<br> 5.618%, 04/15/2038 (A)(B) | 291000 | 290685 |
| Scalelogix ABS Issuer LLC<br> Series 2025-1A, Class A2<br> 5.673%, 07/25/2055 (B) | 331000 | 331071 |
| SERVPRO Master Issuer LLC<br> Series 2024-1A, Class A2<br> 6.174%, 01/25/2054 (B) | 242310 | 250369 |
| Sesac Finance LLC<br> Series 2025-1, Class A2<br> 5.500%, 07/25/2055 (B) | 371000 | 369529 |
| SMB Private Education Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-A, Class APT2<br> 1.070%, 01/15/2053 (B) | 112494 | 102532 |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A1A<br> 5.240%, 03/15/2056 (B) | 482929 | 493235 |
| &nbsp;&nbsp;&nbsp;Series 2024-E, Class A1A<br> 5.090%, 10/16/2056 (B) | 363431 | 368027 |
| Sonic Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2I<br> 3.845%, 01/20/2050 (B) | 301835 | 297467 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.190%, 08/20/2051 (B) | 316800 | 292820 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| STORE Master Funding LLC<br> Series 2019-1, Class A2<br> 3.650%, 11/20/2049 (B) | $281900 | $246133 |
| Subway Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2I<br> 6.028%, 07/30/2054 (B) | 263013 | 266643 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2II<br> 6.268%, 07/30/2054 (B) | 235223 | 241273 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class A23<br> 5.914%, 07/30/2054 (B) | 583590 | 581282 |
| Sunbird Engine Finance LLC<br> Series 2020-1A, Class A<br> 3.671%, 02/15/2045 (B) | 105696 | 103867 |
| Switch ABS Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2<br> 5.436%, 06/25/2054 (B) | 168000 | 168848 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.036%, 03/25/2055 (B) | 571000 | 565699 |
| Taco Bell Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2I<br> 4.821%, 08/25/2055 (B) | 359000 | 359750 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II<br> 5.049%, 08/25/2055 (B) | 343000 | 343814 |
| TAL Advantage VII LLC<br> Series 2020-1A, Class B<br> 3.290%, 09/20/2045 (B) | 237500 | 227102 |
| TIF Funding II LLC<br> Series 2021-1A, Class A<br> 1.650%, 02/20/2046 (B) | 573467 | 523087 |
| Tricon American Homes Trust<br> Series 2020-SFR2, Class D<br> 2.281%, 11/17/2039 (B) | 500000 | 471488 |
| Triton Container Finance VIII LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A<br> 2.110%, 09/20/2045 (B) | 381225 | 357149 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A<br> 1.860%, 03/20/2046 (B) | 209333 | 193289 |
| Uniti Fiber Issuer LLC<br> Series 2025-1A, Class A2<br> 5.877%, 04/20/2055 (B) | 224000 | 229380 |
| Vantage Data Centers LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2A, Class A2<br> 1.992%, 09/15/2045 (B) | 312000 | 295518 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.165%, 10/15/2046 (B) | 400000 | 389492 |
| Wendy's Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2II<br> 4.080%, 06/15/2049 (B) | 430615 | 419962 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.370%, 06/15/2051 (B) | 288945 | 268340 |
| Willis Engine Structured Trust V<br> Series 2020-A, Class A<br> 3.228%, 03/15/2045 (B) | 116258 | 111702 |
| Willis Engine Structured Trust VIII<br> Series 2025-A, Class A<br> 5.582%, 06/15/2050 (B) | 247849 | 250991 |
| Wingstop Funding LLC<br> Series 2024-1A, Class A2<br> 5.858%, 12/05/2054 (B) | 250000 | 258714 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Active Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Zaxby's Funding LLC<br> Series 2021-1A, Class A2<br> 3.238%, 07/30/2051 (B) | 269760 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254431 |
| Zayo Issuer LLC<br> Series 2025-1A, Class A2<br> 5.648%, 03/20/2055 (B) | 389000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396172 |
| TOTAL ASSET-BACKED SECURITIES (Cost $29,610,130) |  | $&nbsp;&nbsp;29282796 |
| **COMMON STOCKS – 0.0%** |  |  |
| **Energy – 0.0%** |  |  |
| Altera Infrastructure LP (H) | &nbsp;&nbsp;&nbsp;&nbsp;937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23418 |
| TOTAL COMMON STOCKS (Cost $237,384) | TOTAL COMMON STOCKS (Cost $237,384) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23418 |
| **PREFERRED SECURITIES – 0.0%** |  |  |
| **Communication services – 0.0%** |  |  |
| Telephone & Data Systems, Inc., 6.625% | &nbsp;&nbsp;&nbsp;5925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133372 |
| TOTAL PREFERRED SECURITIES (Cost $148,125) | TOTAL PREFERRED SECURITIES (Cost $148,125) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133372 |
| **SHORT-TERM INVESTMENTS – 1.7%** | **SHORT-TERM INVESTMENTS – 1.7%** |  |
| **Short-term funds – 1.7%** |  |  |
| John Hancock Collateral Trust, 4.0668% (I)(J) | 939096 | &nbsp;&nbsp;&nbsp;&nbsp;9394149 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $9,397,007) | TOTAL SHORT-TERM INVESTMENTS (Cost $9,397,007) | $&nbsp;&nbsp;&nbsp;&nbsp;9394149 |
| **Total Investments (Active Bond Trust)<br> (Cost $569,678,017) – 99.7%** | **Total Investments (Active Bond Trust)<br> (Cost $569,678,017) – 99.7%** | $**559079077** |
| **Other assets and liabilities, net – 0.3%** |  | &nbsp;&nbsp;&nbsp;**1822605** |
| **TOTAL NET ASSETS – 100.0%** |  | $**560901682** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| IBOR | Interbank Offered Rate |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| SOFR | Secured Overnight Financing Rate |
| (A) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (B) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $127,508,154 or 22.7% of the fund's net assets as of 9-30-25. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $1,381,026. |
| (D) | Security purchased or sold on a when-issued or delayed-delivery basis. |
| (E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (F) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (G) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (H) | Non-income producing security. |
| (I) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (J) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $1,410,188. |

---

#### American Asset Allocation Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **INVESTMENT COMPANIES - 100.0%** | **INVESTMENT COMPANIES - 100.0%** |  |
| **American Funds Insurance Series - 100.0%** | **American Funds Insurance Series - 100.0%** |  |
| American Asset Allocation Fund - Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44856946 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1224594633 |
| TOTAL INVESTMENT COMPANIES (Cost $1,038,912,915) | TOTAL INVESTMENT COMPANIES (Cost $1,038,912,915) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1224594633 |
| **Total Investments (American Asset Allocation Trust) (Cost $1,038,912,915) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1224594633** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(13673)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1224580960** |

---

#### American Global Growth Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **INVESTMENT COMPANIES - 100.0%** | **INVESTMENT COMPANIES - 100.0%** |  |
| **American Funds Insurance Series - 100.0%** | **American Funds Insurance Series - 100.0%** |  |
| American Global Growth Fund - Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5421470 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206829070 |
| TOTAL INVESTMENT COMPANIES (Cost $177,673,360) | TOTAL INVESTMENT COMPANIES (Cost $177,673,360) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206829070 |
| **Total Investments (American Global Growth Trust) (Cost $177,673,360) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**206829070** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(24264)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**206804806** |

---

#### American Growth Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **INVESTMENT COMPANIES - 100.0%** | **INVESTMENT COMPANIES - 100.0%** |  |
| **American Funds Insurance Series - 100.0%** | **American Funds Insurance Series - 100.0%** |  |
| American Growth Fund - Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8008877 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112192730 |
| TOTAL INVESTMENT COMPANIES (Cost $738,791,109) | TOTAL INVESTMENT COMPANIES (Cost $738,791,109) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112192730 |
| **Total Investments (American Growth Trust) (Cost $738,791,109) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1112192730** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20473)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1112172257** |

---

#### American Growth-Income Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **INVESTMENT COMPANIES - 100.0%** | **INVESTMENT COMPANIES - 100.0%** |  |
| **American Funds Insurance Series - 100.0%** | **American Funds Insurance Series - 100.0%** |  |
| American Growth-Income Fund - Class 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15112088 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008580770 |
| TOTAL INVESTMENT COMPANIES (Cost $793,013,010) | TOTAL INVESTMENT COMPANIES (Cost $793,013,010) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008580770 |
| **Total Investments (American Growth-Income Trust) (Cost $793,013,010) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1008580770** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(19976)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1008560794** |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### American International Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **INVESTMENT COMPANIES - 100.0%** | **INVESTMENT COMPANIES - 100.0%** |  |
| **American Funds Insurance Series - 100.0%** | **American Funds Insurance Series - 100.0%** |  |
| American International Fund - Class 1 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17759417 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385734530 |
| TOTAL INVESTMENT COMPANIES (Cost $329,365,917) | TOTAL INVESTMENT COMPANIES (Cost $329,365,917) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385734530 |
| **Total Investments (American International Trust) (Cost $329,365,917) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**385734530** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(22305)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**385712225** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | The fund owns 5% or more of the outstanding voting shares of the issuer and the security is considered an affiliate of the fund. For more information on this security refer to the Notes to Portfolio of Investments. |

---

#### Blue Chip Growth Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.5%** | **COMMON STOCKS – 98.5%** |  |
| **Communication services – 14.0%** |  |  |
| **Entertainment – 2.5%** | **Entertainment – 2.5%** |  |
| Netflix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46165 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55348142 |
| **Interactive media and services – 10.6%** | **Interactive media and services – 10.6%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21879972 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81910005 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129377928 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233167905 |
| **Wireless telecommunication services – 0.9%** | **Wireless telecommunication services – 0.9%** |  |
| T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20045681 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308561728 |
| **Consumer discretionary – 15.7%** |  |  |
| **Automobiles – 3.1%** | **Automobiles – 3.1%** |  |
| Tesla, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68038158 |
| **Broadline retail – 6.6%** | **Broadline retail – 6.6%** |  |
| Amazon.com, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135579205 |
| Sea, Ltd., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10735060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146314265 |
| **Hotels, restaurants and leisure – 2.0%** | **Hotels, restaurants and leisure – 2.0%** |  |
| Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20652208 |
| Chipotle Mexican Grill, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10279890 |
| DoorDash, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12354874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43286972 |
| **Specialty retail – 4.0%** | **Specialty retail – 4.0%** |  |
| Carvana Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71127848 |
| Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8266548 |
| The TJX Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10119101 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89513497 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347152892 |
| **Consumer staples – 0.7%** |  |  |
| **Food products – 0.2%** | **Food products – 0.2%** |  |
| Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3955600 |
| **Household products – 0.5%** | **Household products – 0.5%** |  |
| Colgate-Palmolive Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6288560 |
| The Procter & Gamble Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5252218 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11540778 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15496378 |
| **Financials – 7.8%** |  |  |
| **Capital markets – 1.4%** | **Capital markets – 1.4%** |  |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8845647 |

---

#### Blue Chip Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Capital markets (continued)** | **Capital markets (continued)** |  |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13058 | $&nbsp;&nbsp;&nbsp;&nbsp;6355459 |
| The Charles Schwab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67278 | &nbsp;&nbsp;&nbsp;&nbsp;6423031 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10533 | &nbsp;&nbsp;&nbsp;&nbsp;8387955 |
|  |  | &nbsp;&nbsp;&nbsp;30012092 |
| **Financial services – 5.3%** | **Financial services – 5.3%** |  |
| Adyen NV (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;2252 | &nbsp;&nbsp;&nbsp;&nbsp;3623646 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;87317 | &nbsp;&nbsp;&nbsp;49666783 |
| Visa, Inc., Class A | &nbsp;&nbsp;184111 | &nbsp;&nbsp;&nbsp;62851813 |
|  |  | 116142242 |
| **Insurance – 1.1%** | **Insurance – 1.1%** |  |
| Chubb, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;64002 | &nbsp;&nbsp;&nbsp;18064565 |
| Marsh & McLennan Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35436 | &nbsp;&nbsp;&nbsp;&nbsp;7141417 |
|  |  | &nbsp;&nbsp;&nbsp;25205982 |
|  |  | 171360316 |
| **Health care – 5.5%** |  |  |
| **Health care equipment and supplies – 1.6%** | **Health care equipment and supplies – 1.6%** |  |
| Intuitive Surgical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;57870 | &nbsp;&nbsp;&nbsp;25881200 |
| Stryker Corp. | &nbsp;&nbsp;&nbsp;&nbsp;26516 | &nbsp;&nbsp;&nbsp;&nbsp;9802170 |
|  |  | &nbsp;&nbsp;&nbsp;35683370 |
| **Health care providers and services – 0.7%** | **Health care providers and services – 0.7%** |  |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45959 | &nbsp;&nbsp;&nbsp;15869643 |
| **Life sciences tools and services – 1.0%** | **Life sciences tools and services – 1.0%** |  |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;53591 | &nbsp;&nbsp;&nbsp;10624952 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22629 | &nbsp;&nbsp;&nbsp;10975518 |
|  |  | &nbsp;&nbsp;&nbsp;21600470 |
| **Pharmaceuticals – 2.2%** | **Pharmaceuticals – 2.2%** |  |
| Eli Lilly & Company | &nbsp;&nbsp;&nbsp;&nbsp;64503 | &nbsp;&nbsp;&nbsp;49215789 |
|  |  | 122369272 |
| **Industrials – 3.2%** |  |  |
| **Aerospace and defense – 2.1%** | **Aerospace and defense – 2.1%** |  |
| General Electric Company | &nbsp;&nbsp;131907 | &nbsp;&nbsp;&nbsp;39680264 |
| TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4236 | &nbsp;&nbsp;&nbsp;&nbsp;5583133 |
|  |  | &nbsp;&nbsp;&nbsp;45263397 |
| **Commercial services and supplies – 0.3%** | **Commercial services and supplies – 0.3%** |  |
| Cintas Corp. | &nbsp;&nbsp;&nbsp;&nbsp;25181 | &nbsp;&nbsp;&nbsp;&nbsp;5168652 |
| Veralto Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11358 | &nbsp;&nbsp;&nbsp;&nbsp;1210876 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6379528 |
| **Electrical equipment – 0.6%** | **Electrical equipment – 0.6%** |  |
| GE Vernova, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23031 | &nbsp;&nbsp;&nbsp;14161762 |
| **Ground transportation – 0.2%** | **Ground transportation – 0.2%** |  |
| Old Dominion Freight Line, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27666 | &nbsp;&nbsp;&nbsp;&nbsp;3894819 |
|  |  | &nbsp;&nbsp;&nbsp;69699506 |
| **Information technology – 50.4%** |  |  |
| **Electronic equipment, instruments and components – 0.5%** | **Electronic equipment, instruments and components – 0.5%** |  |
| TE Connectivity PLC | &nbsp;&nbsp;&nbsp;&nbsp;46259 | &nbsp;&nbsp;&nbsp;10155238 |
| **IT services – 0.9%** | **IT services – 0.9%** |  |
| Shopify, Inc., Class A (A) | &nbsp;&nbsp;132626 | &nbsp;&nbsp;&nbsp;19709550 |
| **Semiconductors and semiconductor equipment – 22.1%** | **Semiconductors and semiconductor equipment – 22.1%** |  |
| ASML Holding NV, NYRS | &nbsp;&nbsp;&nbsp;&nbsp;17444 | &nbsp;&nbsp;&nbsp;16887362 |
| Broadcom, Inc. | &nbsp;&nbsp;314910 | 103891958 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11698 | &nbsp;&nbsp;&nbsp;10769647 |
| NVIDIA Corp. | 1805646 | 336897427 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;43944 | &nbsp;&nbsp;&nbsp;12273120 |
| Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30489 | &nbsp;&nbsp;&nbsp;&nbsp;5601744 |
|  |  | 486321258 |
| **Software – 18.1%** | **Software – 18.1%** |  |
| Crowdstrike Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;17102 | &nbsp;&nbsp;&nbsp;&nbsp;8386479 |
| Datadog, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;23659 | &nbsp;&nbsp;&nbsp;&nbsp;3369042 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Blue Chip Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| Microsoft Corp. | &nbsp;&nbsp;563225 | $&nbsp;&nbsp;&nbsp;&nbsp;291722389 |
| Oracle Corp. | &nbsp;&nbsp;112500 | &nbsp;&nbsp;&nbsp;&nbsp;31639500 |
| Palantir Technologies, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;34471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6288200 |
| Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8971433 |
| ServiceNow, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;40294 | &nbsp;&nbsp;&nbsp;&nbsp;37081762 |
| Synopsys, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;23487 | &nbsp;&nbsp;&nbsp;&nbsp;11588251 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;399047056 |
| **Technology hardware, storage and peripherals – 8.8%** | **Technology hardware, storage and peripherals – 8.8%** |  |
| Apple, Inc. (C) | &nbsp;&nbsp;765446 | &nbsp;&nbsp;&nbsp;&nbsp;194905515 |
|  |  | 1110138617 |
| **Materials – 0.7%** |  |  |
| **Chemicals – 0.7%** | **Chemicals – 0.7%** |  |
| Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;15527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7375325 |
| The Sherwin-Williams Company | &nbsp;&nbsp;&nbsp;&nbsp;22070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7641958 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;15017283 |
| **Utilities – 0.5%** |  |  |
| **Electric utilities – 0.5%** | **Electric utilities – 0.5%** |  |
| Constellation Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35513 | &nbsp;&nbsp;&nbsp;&nbsp;11686263 |
| TOTAL COMMON STOCKS (Cost $1,149,418,990) | TOTAL COMMON STOCKS (Cost $1,149,418,990) | $2171482255 |
| **EXCHANGE-TRADED FUNDS – 1.0%** | **EXCHANGE-TRADED FUNDS – 1.0%** |  |
| Invesco QQQ Trust Series 1 | &nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp;14709065 |
| iShares Russell 1000 Growth ETF | &nbsp;&nbsp;&nbsp;&nbsp;16500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7728765 |
| TOTAL EXCHANGE-TRADED FUNDS (Cost $22,269,222) | TOTAL EXCHANGE-TRADED FUNDS (Cost $22,269,222) | $&nbsp;&nbsp;&nbsp;&nbsp;22437830 |
| **CORPORATE BONDS - 0.2%** |  |  |
| **Consumer discretionary - 0.2%** |  |  |
| Carvana Company |  |  |
| &nbsp;&nbsp;&nbsp;9.000%, (9.000% Cash or 13.000% PIK), 06/01/2030 (B) | $1366094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429231 |
| &nbsp;&nbsp;&nbsp;9.000%, (9.000% Cash or 14.000% PIK), 06/01/2031 (B) | 1867446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2114375 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3543606 |
| TOTAL CORPORATE BONDS (Cost $3,553,398) | TOTAL CORPORATE BONDS (Cost $3,553,398) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3543606 |
| **SHORT-TERM INVESTMENTS – 0.3%** | **SHORT-TERM INVESTMENTS – 0.3%** |  |
| **Short-term funds – 0.3%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (D) | &nbsp;&nbsp;&nbsp;&nbsp;2433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2433 |
| T. Rowe Price Government Reserve Fund, 4.1621% (D) | 6595068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6595068 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $6,597,501) | TOTAL SHORT-TERM INVESTMENTS (Cost $6,597,501) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6597501 |
| **Total Investments (Blue Chip Growth Trust)<br> (Cost $1,181,839,111) – 100.0%** | **Total Investments (Blue Chip Growth Trust)<br> (Cost $1,181,839,111) – 100.0%** | $**2204061192** |
| **Other assets and liabilities, net – 0.0%** | **Other assets and liabilities, net – 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**176792** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**2204237984** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| NYRS | New York Registry Shares |
| PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
| (A) | Non-income producing security. |
| (B) | 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. |

---

(C) All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $127,215. In addition to the cash collateral invested in John Hancock
Collateral Trust, if any, non-cash collateral of $130,000 in the form of U.S. Treasuries was pledged to the fund.

(D) The rate shown is the annualized seven-day yield as of 9-30-25.

#### Capital Appreciation Value Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 63.6%** | **COMMON STOCKS – 63.6%** |  |
| **Communication services – 4.3%** |  |  |
| **Interactive media and services – 4.3%** | **Interactive media and services – 4.3%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42420 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10312302 |
| Meta Platforms, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11119248 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21431550 |
| **Consumer discretionary – 7.1%** |  |  |
| **Broadline retail – 4.2%** | **Broadline retail – 4.2%** |  |
| Amazon.com, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20571733 |
| **Hotels, restaurants and leisure – 2.9%** | **Hotels, restaurants and leisure – 2.9%** |  |
| Chipotle Mexican Grill, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3549164 |
| Starbucks Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4508503 |
| Yum! Brands, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6270456 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14328123 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34899856 |
| **Energy – 1.2%** |  |  |
| **Oil, gas and consumable fuels – 1.2%** | **Oil, gas and consumable fuels – 1.2%** |  |
| Canadian Natural Resources, Ltd. (C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5980291 |
| **Financials – 3.9%** |  |  |
| **Financial services – 2.1%** | **Financial services – 2.1%** |  |
| Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5005528 |
| Visa, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5505777 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10511305 |
| **Insurance – 1.8%** | **Insurance – 1.8%** |  |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3455150 |
| Willis Towers Watson PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5211459 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8666609 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19177914 |
| **Health care – 13.3%** |  |  |
| **Biotechnology – 0.8%** | **Biotechnology – 0.8%** |  |
| Arcellx, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890210 |
| BioNTech SE, ADR (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301685 |
| Cytokinetics, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064355 |
| Ionis Pharmaceuticals, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379501 |
| Vaxcyte, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411492 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4047243 |
| **Health care equipment and supplies – 5.3%** | **Health care equipment and supplies – 5.3%** |  |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10875124 |
| Becton, Dickinson and Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14039435 |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390520 |
| Hologic, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951542 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26256621 |
| **Health care providers and services – 3.5%** | **Health care providers and services – 3.5%** |  |
| Cencora, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3703168 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5705980 |
| The Cigna Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5015550 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2637747 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17062445 |
| **Life sciences tools and services – 3.0%** | **Life sciences tools and services – 3.0%** |  |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5741015 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Capital Appreciation Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Life sciences tools and services (continued)** | **Life sciences tools and services (continued)** |  |
| Revvity, Inc. | &nbsp;&nbsp;104463 | $&nbsp;&nbsp;&nbsp;&nbsp;9156182 |
|  |  | &nbsp;&nbsp;&nbsp;14897197 |
| **Pharmaceuticals – 0.7%** | **Pharmaceuticals – 0.7%** |  |
| Eli Lilly & Company | &nbsp;&nbsp;&nbsp;&nbsp;4830 | &nbsp;&nbsp;&nbsp;&nbsp;3685290 |
|  |  | &nbsp;&nbsp;&nbsp;65948796 |
| **Industrials – 1.7%** |  |  |
| **Aerospace and defense – 0.4%** | **Aerospace and defense – 0.4%** |  |
| Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4004 | &nbsp;&nbsp;&nbsp;&nbsp;1998837 |
| **Commercial services and supplies – 0.4%** | **Commercial services and supplies – 0.4%** |  |
| Veralto Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16041 | &nbsp;&nbsp;&nbsp;&nbsp;1710131 |
| **Machinery – 0.9%** | **Machinery – 0.9%** |  |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40457 | &nbsp;&nbsp;&nbsp;&nbsp;3342557 |
| Otis Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp;14566 | &nbsp;&nbsp;&nbsp;&nbsp;1331769 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4674326 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8383294 |
| **Information technology – 24.5%** |  |  |
| **Electronic equipment, instruments and components – 0.7%** | **Electronic equipment, instruments and components – 0.7%** |  |
| Amphenol Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;29827 | &nbsp;&nbsp;&nbsp;&nbsp;3691091 |
| **Semiconductors and semiconductor equipment – 7.7%** | **Semiconductors and semiconductor equipment – 7.7%** |  |
| Advanced Micro Devices, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;45710 | &nbsp;&nbsp;&nbsp;&nbsp;7395421 |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13805 | &nbsp;&nbsp;&nbsp;&nbsp;4554408 |
| NVIDIA Corp. (A) | &nbsp;&nbsp;134072 | &nbsp;&nbsp;&nbsp;25015154 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921657 |
|  |  | &nbsp;&nbsp;&nbsp;37886640 |
| **Software – 11.7%** | **Software – 11.7%** |  |
| Aurora Innovation, Inc. (B) | 1110811 | &nbsp;&nbsp;&nbsp;&nbsp;5987271 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1928 | &nbsp;&nbsp;&nbsp;&nbsp;1316650 |
| Microsoft Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;53651 | &nbsp;&nbsp;&nbsp;27788536 |
| PTC, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;50474 | &nbsp;&nbsp;&nbsp;10247231 |
| Roper Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;13109 | &nbsp;&nbsp;&nbsp;&nbsp;6537327 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6746 | &nbsp;&nbsp;&nbsp;&nbsp;1598802 |
| Workday, Inc., Class A (B) | &nbsp;&nbsp;&nbsp;&nbsp;18528 | &nbsp;&nbsp;&nbsp;&nbsp;4460245 |
|  |  | &nbsp;&nbsp;&nbsp;57936062 |
| **Technology hardware, storage and peripherals – 4.4%** | **Technology hardware, storage and peripherals – 4.4%** |  |
| Apple, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;85540 | &nbsp;&nbsp;&nbsp;21781050 |
|  |  | 121294843 |
| **Materials – 0.5%** |  |  |
| **Construction materials – 0.5%** | **Construction materials – 0.5%** |  |
| Vulcan Materials Company | &nbsp;&nbsp;&nbsp;&nbsp;7848 | &nbsp;&nbsp;&nbsp;&nbsp;2414202 |
| **Utilities – 7.1%** |  |  |
| **Electric utilities – 1.3%** | **Electric utilities – 1.3%** |  |
| PPL Corp. | &nbsp;&nbsp;162913 | &nbsp;&nbsp;&nbsp;&nbsp;6053847 |
| **Multi-utilities – 5.8%** | **Multi-utilities – 5.8%** |  |
| Ameren Corp. | &nbsp;&nbsp;&nbsp;&nbsp;69984 | &nbsp;&nbsp;&nbsp;&nbsp;7304930 |
| CenterPoint Energy, Inc. | &nbsp;&nbsp;231798 | &nbsp;&nbsp;&nbsp;&nbsp;8993762 |
| DTE Energy Company | &nbsp;&nbsp;&nbsp;&nbsp;28084 | &nbsp;&nbsp;&nbsp;&nbsp;3971920 |
| NiSource, Inc. | &nbsp;&nbsp;196417 | &nbsp;&nbsp;&nbsp;&nbsp;8504856 |
|  |  | &nbsp;&nbsp;&nbsp;28775468 |
|  |  | &nbsp;&nbsp;&nbsp;34829315 |
| TOTAL COMMON STOCKS (Cost $273,968,787) | TOTAL COMMON STOCKS (Cost $273,968,787) | $314360061 |
| **PREFERRED SECURITIES – 0.0%** |  |  |
| **Utilities – 0.0%** |  |  |
| **Multi-utilities – 0.0%** | **Multi-utilities – 0.0%** |  |
| CMS Energy Corp., 5.875% | &nbsp;&nbsp;&nbsp;&nbsp;1673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39784 |
| TOTAL PREFERRED SECURITIES (Cost $41,825) | TOTAL PREFERRED SECURITIES (Cost $41,825) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39784 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS – 16.6%** |  |  |
| **U.S. Government – 16.6%** |  |  |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 08/31/2030 | $&nbsp;&nbsp;8087000 | $&nbsp;&nbsp;&nbsp;8045301 |
| &nbsp;&nbsp;&nbsp;3.875%, 04/30/2030 to 07/31/2030 | 40894000 | 41144434 |
| &nbsp;&nbsp;&nbsp;4.000%, 05/31/2030 to 07/31/2032 | 32466000 | 32747582 |
|  |  | 81937317 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $81,281,613) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $81,281,613) | $81937317 |
| **CORPORATE BONDS - 7.7%** |  |  |
| **Communication services - 0.2%** |  |  |
| CCO Holdings LLC<br> 5.125%, 05/01/2027 (D) | &nbsp;&nbsp;&nbsp;&nbsp;851000 | &nbsp;&nbsp;&nbsp;&nbsp;845285 |
| Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46521 |
| &nbsp;&nbsp;&nbsp;3.750%, 02/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97220 |
| &nbsp;&nbsp;&nbsp;4.875%, 01/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49551 |
|  |  | &nbsp;&nbsp;&nbsp;1038577 |
| **Consumer discretionary - 2.7%** |  |  |
| Hilton Domestic Operating<br> Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2032 (D) | &nbsp;&nbsp;&nbsp;&nbsp;946000 | &nbsp;&nbsp;&nbsp;&nbsp;865690 |
| &nbsp;&nbsp;&nbsp;3.750%, 05/01/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;762000 | &nbsp;&nbsp;&nbsp;&nbsp;733040 |
| &nbsp;&nbsp;&nbsp;4.000%, 05/01/2031 (D) | &nbsp;&nbsp;1019000 | &nbsp;&nbsp;&nbsp;&nbsp;964209 |
| &nbsp;&nbsp;&nbsp;4.875%, 01/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;698000 | &nbsp;&nbsp;&nbsp;&nbsp;694085 |
| &nbsp;&nbsp;&nbsp;5.750%, 05/01/2028 (D) | &nbsp;&nbsp;&nbsp;&nbsp;902000 | &nbsp;&nbsp;&nbsp;&nbsp;903098 |
| &nbsp;&nbsp;&nbsp;5.750%, 09/15/2033 (D) | &nbsp;&nbsp;&nbsp;&nbsp;578000 | &nbsp;&nbsp;&nbsp;&nbsp;585716 |
| &nbsp;&nbsp;&nbsp;5.875%, 04/01/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;362336 |
| Hilton Worldwide Finance LLC<br> 4.875%, 04/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;237000 | &nbsp;&nbsp;&nbsp;&nbsp;236839 |
| KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC<br> 4.750%, 06/01/2027 (D) | &nbsp;&nbsp;1053000 | &nbsp;&nbsp;&nbsp;1049282 |
| Life Time, Inc.<br> 6.000%, 11/15/2031 (D) | &nbsp;&nbsp;&nbsp;&nbsp;232000 | &nbsp;&nbsp;&nbsp;&nbsp;235704 |
| Service Corp. International |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 08/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92657 |
| &nbsp;&nbsp;&nbsp;4.625%, 12/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43785 |
| &nbsp;&nbsp;&nbsp;5.750%, 10/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;258335 |
| Six Flags Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 07/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;259000 | &nbsp;&nbsp;&nbsp;&nbsp;250472 |
| &nbsp;&nbsp;&nbsp;5.375%, 04/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;676000 | &nbsp;&nbsp;&nbsp;&nbsp;674248 |
| &nbsp;&nbsp;&nbsp;5.500%, 04/15/2027 (D) | &nbsp;&nbsp;&nbsp;&nbsp;697000 | &nbsp;&nbsp;&nbsp;&nbsp;695888 |
| &nbsp;&nbsp;&nbsp;6.500%, 10/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;562550 |
| &nbsp;&nbsp;&nbsp;7.250%, 05/15/2031 (D) | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;245097 |
| Vail Resorts, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 07/15/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;147000 | &nbsp;&nbsp;&nbsp;&nbsp;147919 |
| &nbsp;&nbsp;&nbsp;6.500%, 05/15/2032 (D) | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;325694 |
| Yum! Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 03/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;331000 | &nbsp;&nbsp;&nbsp;&nbsp;309069 |
| &nbsp;&nbsp;&nbsp;4.625%, 01/31/2032 | &nbsp;&nbsp;&nbsp;&nbsp;902000 | &nbsp;&nbsp;&nbsp;&nbsp;876398 |
| &nbsp;&nbsp;&nbsp;4.750%, 01/15/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;402000 | &nbsp;&nbsp;&nbsp;&nbsp;399506 |
| &nbsp;&nbsp;&nbsp;5.350%, 11/01/2043 | &nbsp;&nbsp;&nbsp;&nbsp;657000 | &nbsp;&nbsp;&nbsp;&nbsp;634153 |
| &nbsp;&nbsp;&nbsp;5.375%, 04/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;542027 |
| &nbsp;&nbsp;&nbsp;6.875%, 11/15/2037 | &nbsp;&nbsp;&nbsp;&nbsp;414000 | &nbsp;&nbsp;&nbsp;&nbsp;460281 |
|  |  | 13148078 |
| **Financials - 2.3%** |  |  |
| AmWINS Group, Inc.<br> 6.375%, 02/15/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;297000 | &nbsp;&nbsp;&nbsp;&nbsp;303039 |
| BroadStreet Partners, Inc.<br> 5.875%, 04/15/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;764000 | &nbsp;&nbsp;&nbsp;&nbsp;761775 |
| HUB International, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 12/01/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;289708 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Capital Appreciation Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** |  |  |
| **Financials (continued)** |  |  |
| HUB International, Ltd. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.250%, 06/15/2030 (D) | $4487000 | $&nbsp;&nbsp;&nbsp;4679515 |
| &nbsp;&nbsp;&nbsp;7.375%, 01/31/2032 (D) | 2554000 | &nbsp;&nbsp;&nbsp;2659580 |
| MSCI, Inc.<br> 5.250%, 09/01/2035 | &nbsp;&nbsp;646000 | &nbsp;&nbsp;&nbsp;&nbsp;651348 |
| Ryan Specialty LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 02/01/2030 (D) | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;213155 |
| &nbsp;&nbsp;&nbsp;5.875%, 08/01/2032 (D) | &nbsp;&nbsp;483000 | &nbsp;&nbsp;&nbsp;&nbsp;488403 |
| USI, Inc.<br> 7.500%, 01/15/2032 (D) | 1079000 | &nbsp;&nbsp;&nbsp;1131524 |
|  |  | 11178047 |
| **Health care - 0.4%** |  |  |
| Avantor Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 11/01/2029 (D) | &nbsp;&nbsp;623000 | &nbsp;&nbsp;&nbsp;&nbsp;592451 |
| &nbsp;&nbsp;&nbsp;4.625%, 07/15/2028 (D) | &nbsp;&nbsp;492000 | &nbsp;&nbsp;&nbsp;&nbsp;483959 |
| Hologic, Inc.<br> 3.250%, 02/15/2029 (D) | &nbsp;&nbsp;117000 | &nbsp;&nbsp;&nbsp;&nbsp;112974 |
| IQVIA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 05/15/2027 (D) | &nbsp;&nbsp;436000 | &nbsp;&nbsp;&nbsp;&nbsp;434786 |
| &nbsp;&nbsp;&nbsp;6.500%, 05/15/2030 (D) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206698 |
| Surgery Center Holdings, Inc.<br> 7.250%, 04/15/2032 (D) | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;210585 |
|  |  | &nbsp;&nbsp;&nbsp;2041453 |
| **Industrials - 1.5%** |  |  |
| Booz Allen Hamilton, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 07/01/2029 (D) | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;199990 |
| &nbsp;&nbsp;&nbsp;5.950%, 08/04/2033 | &nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp;291942 |
| Korn Ferry<br> 4.625%, 12/15/2027 (D) | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;248287 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 01/15/2029 | &nbsp;&nbsp;349000 | &nbsp;&nbsp;&nbsp;&nbsp;342011 |
| &nbsp;&nbsp;&nbsp;6.250%, 01/31/2034 (D) | &nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86387 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2029 (D) | 1348000 | &nbsp;&nbsp;&nbsp;1378197 |
| &nbsp;&nbsp;&nbsp;6.375%, 05/31/2033 (D) | 1102000 | &nbsp;&nbsp;&nbsp;1114390 |
| &nbsp;&nbsp;&nbsp;6.625%, 03/01/2032 (D) | 1826000 | &nbsp;&nbsp;&nbsp;1879949 |
| &nbsp;&nbsp;&nbsp;6.750%, 08/15/2028 (D) | &nbsp;&nbsp;204000 | &nbsp;&nbsp;&nbsp;&nbsp;207888 |
| &nbsp;&nbsp;&nbsp;6.750%, 01/31/2034 (D) | &nbsp;&nbsp;779000 | &nbsp;&nbsp;&nbsp;&nbsp;805454 |
| &nbsp;&nbsp;&nbsp;7.125%, 12/01/2031 (D) | &nbsp;&nbsp;828000 | &nbsp;&nbsp;&nbsp;&nbsp;863678 |
|  |  | &nbsp;&nbsp;&nbsp;7418173 |
| **Information technology - 0.2%** |  |  |
| Capstone Borrower, Inc.<br> 8.000%, 06/15/2030 (D) | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;230074 |
| Crowdstrike Holdings, Inc.<br> 3.000%, 02/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22869 |
| Ellucian Holdings, Inc.<br> 6.500%, 12/01/2029 (D) | &nbsp;&nbsp;328000 | &nbsp;&nbsp;&nbsp;&nbsp;333221 |
| Fair Isaac Corp.<br> 6.000%, 05/15/2033 (D) | &nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;338156 |
| PTC, Inc.<br> 4.000%, 02/15/2028 (D) | &nbsp;&nbsp;321000 | &nbsp;&nbsp;&nbsp;&nbsp;314275 |
|  |  | &nbsp;&nbsp;&nbsp;1238595 |
| **Real estate - 0.3%** |  |  |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.125%, 02/01/2029 | &nbsp;&nbsp;944000 | &nbsp;&nbsp;&nbsp;&nbsp;882934 |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2027 | &nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;847036 |
|  |  | &nbsp;&nbsp;&nbsp;1729970 |
| **Utilities - 0.1%** |  |  |
| CenterPoint Energy, Inc.<br> 5.950%, (5.950% to 4-1-31, then 5 Year CMT + 2.223%), 04/01/2056 | &nbsp;&nbsp;489000 | &nbsp;&nbsp;&nbsp;&nbsp;489000 |
| TOTAL CORPORATE BONDS (Cost $37,388,589) | TOTAL CORPORATE BONDS (Cost $37,388,589) | $38281893 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (E) – 9.5%** |  |  |
| **Consumer discretionary – 0.7%** |  |  |
| Hilton Domestic Operating Company, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 1.750%) 5.908%, 11/08/2030 | $1662129 | &nbsp;&nbsp;&nbsp;1663192 |
| Mister Car Wash Holdings, Inc., 2024 Term Loan B (1 month CME Term SOFR + 2.500%) 6.663%, 03/27/2031 | &nbsp;&nbsp;226307 | &nbsp;&nbsp;&nbsp;&nbsp;226509 |
| Varsity Brands, Inc., 2025 1st Lien Term Loan (3 month CME Term SOFR + 3.000%) 7.026%, 08/26/2031 | 1276800 | &nbsp;&nbsp;&nbsp;1276162 |
| Wyndham Hotels & Resorts, Inc., 2024 Term Loan (1 month CME Term SOFR + 1.750%) 5.913%, 05/24/2030 | &nbsp;&nbsp;268461 | &nbsp;&nbsp;&nbsp;&nbsp;269229 |
|  |  | &nbsp;&nbsp;&nbsp;3435092 |
| **Financials – 3.5%** |  |  |
| AmWINS Group, Inc., 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.252%, 01/30/2032 | 3022648 | &nbsp;&nbsp;&nbsp;3020653 |
| BroadStreet Partners, Inc., 2024 Term Loan B4 (1 month CME Term SOFR + 2.750%) 6.913%, 06/13/2031 | 3339358 | &nbsp;&nbsp;&nbsp;3341997 |
| CPI Holdco B LLC, 2024 Term Loan (1 month CME Term SOFR + 2.000%) 6.163%, 05/19/2031 | 1187003 | &nbsp;&nbsp;&nbsp;1185519 |
| HUB International, Ltd., 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.575%, 06/20/2030 | 6302684 | &nbsp;&nbsp;&nbsp;6310374 |
| Mariner Wealth Advisors LLC, 2025 Term Loan (3 month CME Term SOFR + 2.500%) 6.502%, 12/31/2030 | &nbsp;&nbsp;705602 | &nbsp;&nbsp;&nbsp;&nbsp;706752 |
| Ryan Specialty LLC, 2024 USD Term Loan B (1 month CME Term SOFR + 2.000%) 6.163%, 09/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;58852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58834 |
| USI, Inc., 2024 Term Loan C (3 month CME Term SOFR + 2.250%) 6.252%, 09/29/2030 | 1228349 | &nbsp;&nbsp;&nbsp;1226384 |
| USI, Inc., 2024 Term Loan D (3 month CME Term SOFR + 2.250%) 6.252%, 11/21/2029 | 1219001 | &nbsp;&nbsp;&nbsp;1217380 |
|  |  | 17067893 |
| **Health care – 0.5%** |  |  |
| AthenaHealth Group, Inc., 2022 Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 02/15/2029 | &nbsp;&nbsp;695505 | &nbsp;&nbsp;&nbsp;&nbsp;693766 |
| Loire Finco Luxembourg Sarl, 2025 USD Term Loan B (3 month CME Term SOFR + 4.000%) 8.308%, 01/21/2030 | 1667583 | &nbsp;&nbsp;&nbsp;1668417 |
|  |  | &nbsp;&nbsp;&nbsp;2362183 |
| **Industrials – 1.1%** |  |  |
| Filtration Group Corp., 2025 EUR Term Loan B (1 month EURIBOR + 3.500%) 5.413%, 10/21/2028 | &nbsp;&nbsp;603316 | &nbsp;&nbsp;&nbsp;&nbsp;714083 |
| Filtration Group Corp., 2025 USD Term Loan (1 month CME Term SOFR + 2.750%) 6.913%, 10/21/2028 | $2722162 | &nbsp;&nbsp;&nbsp;2732370 |
| Trans Union LLC, 2019 Term Loan B5 (1 month CME Term SOFR + 1.750%) 6.013%, 11/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;92181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92239 |
| TransDigm, Inc., 2025 Term Loan K (3 month CME Term SOFR + 2.250%) 6.252%, 03/22/2030 | 2142371 | &nbsp;&nbsp;&nbsp;2139800 |
|  |  | &nbsp;&nbsp;&nbsp;5678492 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Capital Appreciation Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (E)(continued)** |  |  |
| **Information technology – 3.5%** |  |  |
| Applied Systems, Inc., 2024 1st Lien Term Loan (3 month CME Term SOFR + 2.250%) 6.252%, 02/24/2031 | $6839597 | &nbsp;&nbsp;&nbsp;6841513 |
| Applied Systems, Inc., 2024 2nd Lien Term Loan (3 month CME Term SOFR + 4.500%) 8.502%, 02/23/2032 | &nbsp;&nbsp;841009 | &nbsp;&nbsp;&nbsp;&nbsp;859057 |
| Ascend Learning LLC, 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.000%) 7.163%, 12/11/2028 | 1185086 | &nbsp;&nbsp;&nbsp;1183356 |
| Azalea TopCo, Inc., 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.000%) 7.163%, 04/30/2031 | &nbsp;&nbsp;147162 | &nbsp;&nbsp;&nbsp;&nbsp;146703 |
| CCC Intelligent Solutions, Inc., Term Loan (1 month CME Term SOFR + 2.000%) 6.163%, 01/23/2032 | &nbsp;&nbsp;413556 | &nbsp;&nbsp;&nbsp;&nbsp;412911 |
| Ellucian Holdings, Inc., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 10/09/2029 | 1000526 | &nbsp;&nbsp;&nbsp;&nbsp;999906 |
| Epicor Software Corp., 2024 Term Loan F (1 month CME Term SOFR + 2.500%) 6.663%, 05/30/2031 | 1268447 | &nbsp;&nbsp;&nbsp;1269424 |
| Icon Parent, Inc., 2024 2nd Lien Term Loan (6 month CME Term SOFR + 5.000%) 9.205%, 11/12/2032 | &nbsp;&nbsp;387200 | &nbsp;&nbsp;&nbsp;&nbsp;391436 |
| Icon Parent, Inc., 2025 Repriced Term Loan (3 month CME Term SOFR + 2.750%) 6.753%, 11/13/2031 | 1784120 | &nbsp;&nbsp;&nbsp;1781051 |
| Informatica LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 10/27/2028 | &nbsp;&nbsp;404520 | &nbsp;&nbsp;&nbsp;&nbsp;405025 |
| Quartz Acquireco LLC, 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.252%, 06/28/2030 | &nbsp;&nbsp;289675 | &nbsp;&nbsp;&nbsp;&nbsp;288348 |
| Storable, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 7.413%, 04/16/2031 | &nbsp;&nbsp;998544 | &nbsp;&nbsp;&nbsp;1000421 |
| UKG, Inc., 2024 Term Loan B (3 month CME Term SOFR + 2.500%) 6.810%, 02/10/2031 | 1604207 | &nbsp;&nbsp;&nbsp;1602138 |
|  |  | 17181289 |
| **Real estate – 0.2%** |  |  |
| SBA Senior Finance II LLC, 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.920%, 01/25/2031 | 1006455 | &nbsp;&nbsp;&nbsp;1009424 |
| TOTAL TERM LOANS (Cost $46,655,838) | TOTAL TERM LOANS (Cost $46,655,838) | $46734373 |
| **ASSET-BACKED SECURITIES - 0.1%** |  |  |
| Domino's Pizza Master Issuer LLC<br> Series 2017-1A, Class A23<br> 4.118%, 07/25/2047 (D) | &nbsp;&nbsp;326180 | $&nbsp;&nbsp;&nbsp;&nbsp;324012 |
| Domino's Pizza Master Issuer LLC<br> Series 2019-1A, Class A2<br> 3.668%, 10/25/2049 (D) | &nbsp;&nbsp;206400 | &nbsp;&nbsp;&nbsp;&nbsp;198536 |
| TOTAL ASSET-BACKED SECURITIES (Cost $529,925) | TOTAL ASSET-BACKED SECURITIES (Cost $529,925) | $&nbsp;&nbsp;&nbsp;&nbsp;522548 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS – 2.9%** | **SHORT-TERM INVESTMENTS – 2.9%** |  |
| **Short-term funds – 2.5%** |  |  |
| John Hancock Collateral Trust, 4.0668% (F)(G) | &nbsp;&nbsp;&nbsp;&nbsp;163945 | $&nbsp;&nbsp;&nbsp;&nbsp;1640008 |
| T. Rowe Price Government Reserve Fund, 4.1621% (F) | 10701503 | &nbsp;&nbsp;&nbsp;10701503 |
|  |  | &nbsp;&nbsp;&nbsp;12341511 |
| **Repurchase agreement – 0.4%** |  |  |
| Repurchase Agreement with State Street Corp. dated 9-30-25 at 1.260% to be repurchased at $2,305,081 on 10-1-25, collateralized by $2,083,300 U.S. Treasury Inflation Indexed Notes, 0.125% due 4-15-27 (valued at $2,351,264) | $&nbsp;&nbsp;2305000 | &nbsp;&nbsp;&nbsp;&nbsp;2305000 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $14,646,590) | TOTAL SHORT-TERM INVESTMENTS (Cost $14,646,590) | $&nbsp;&nbsp;&nbsp;14646511 |
| **Total Investments (Capital Appreciation Value Trust)<br> (Cost $454,513,167) – 100.4%** | **Total Investments (Capital Appreciation Value Trust)<br> (Cost $454,513,167) – 100.4%** | $**496522487** |
| **Other assets and liabilities, net – (0.4%)** | **Other assets and liabilities, net – (0.4%)** | &nbsp;&nbsp;&nbsp;**(1936252)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**494586235** |

---

<u>Currency Abbreviations</u> <br> EUR Euro

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| EURIBOR | Euro Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
| (B) | Non-income producing security. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $1,605,807. |
| (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) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (F) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Capital Appreciation Value Trust (continued)<br>

#### DERIVATIVES

#### WRITTEN OPTIONS

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** | **Options on securities** |
| **Counterparty (OTC)/<br> Exchange-<br> traded** | &nbsp;&nbsp;**Name of issuer** | &nbsp;&nbsp;**Currency** | **Exercise<br> price** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Premium** | &nbsp;&nbsp;**Value** |
| **Calls** | **Calls** |  |  |  |  |  |  |  |
| BOA | &nbsp;&nbsp;Abbott Laboratories | &nbsp;&nbsp;USD | 130.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;45 | &nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;$24919 | &nbsp;&nbsp;&nbsp;&nbsp;$(42301) |
| BOA | &nbsp;&nbsp;Abbott Laboratories | &nbsp;&nbsp;USD | 140.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10416) |
| BOA | &nbsp;&nbsp;Abbott Laboratories | &nbsp;&nbsp;USD | 145.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;22 | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5518) |
| BARC | &nbsp;&nbsp;Advanced Micro Devices, Inc. | &nbsp;&nbsp;USD | 175.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31052) |
| BARC | &nbsp;&nbsp;Advanced Micro Devices, Inc. | &nbsp;&nbsp;USD | 180.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26981) |
| UBS | &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;USD | 205.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;24 | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(107801) |
| UBS | &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;USD | 215.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;24 | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(88579) |
| CITI | &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;USD | 250.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14485) |
| CITI | &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;USD | 260.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9824) |
| UBS | &nbsp;&nbsp;Amphenol Corp., Class A | &nbsp;&nbsp;USD | 115.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21974) |
| UBS | &nbsp;&nbsp;Amphenol Corp., Class A | &nbsp;&nbsp;USD | 120.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17694) |
| BARC | &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;USD | 235.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70427) |
| BARC | &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;USD | 245.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52499) |
| BARC | &nbsp;&nbsp;Canadian Natural Resources, Ltd. | &nbsp;&nbsp;USD | 32.50 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;73 | &nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13006) |
| BARC | &nbsp;&nbsp;Canadian Natural Resources, Ltd. | &nbsp;&nbsp;USD | 35.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;73 | &nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6327) |
| UBS | &nbsp;&nbsp;Cencora, Inc. | &nbsp;&nbsp;USD | 260.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;15 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(87808) |
| UBS | &nbsp;&nbsp;Cencora, Inc. | &nbsp;&nbsp;USD | 270.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;12 | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59799) |
| BOA | &nbsp;&nbsp;CenterPoint Energy, Inc. | &nbsp;&nbsp;USD | 35.00 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;76 | &nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33310) |
| BOA | &nbsp;&nbsp;CenterPoint Energy, Inc. | &nbsp;&nbsp;USD | 35.00 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;44 | &nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19284) |
| UBS | &nbsp;&nbsp;Danaher Corp. | &nbsp;&nbsp;USD | 220.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;19 | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11133) |
| UBS | &nbsp;&nbsp;Danaher Corp. | &nbsp;&nbsp;USD | 330.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) |
| WFB | &nbsp;&nbsp;DTE Energy Company | &nbsp;&nbsp;USD | 145.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;39 | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15024) |
| CITI | &nbsp;&nbsp;Eli Lilly & Company | &nbsp;&nbsp;USD | 850.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2947) |
| CITI | &nbsp;&nbsp;Eli Lilly & Company | &nbsp;&nbsp;USD | 890.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2024) |
| WFB | &nbsp;&nbsp;GE HealthCare Technologies, Inc. | &nbsp;&nbsp;USD | 97.50 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;27 | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(786) |
| WFB | &nbsp;&nbsp;GE HealthCare Technologies, Inc. | &nbsp;&nbsp;USD | 100.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;25 | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(480) |
| WFB | &nbsp;&nbsp;Ingersoll Rand, Inc. | &nbsp;&nbsp;USD | 95.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1195) |
| WFB | &nbsp;&nbsp;Ingersoll Rand, Inc. | &nbsp;&nbsp;USD | 95.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;27 | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4035) |
| WFB | &nbsp;&nbsp;Ingersoll Rand, Inc. | &nbsp;&nbsp;USD | 100.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(610) |
| WFB | &nbsp;&nbsp;Ingersoll Rand, Inc. | &nbsp;&nbsp;USD | 100.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;27 | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2059) |
| UBS | &nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;USD | 840.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2008) |
| UBS | &nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;USD | 860.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1479) |
| BOA | &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;USD | 500.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15546) |
| BOA | &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;USD | 520.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15274) |
| BOA | &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;USD | 480.00 | &nbsp;&nbsp;Jun 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52508) |
| BOA | &nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;USD | 500.00 | &nbsp;&nbsp;Jun 2026 | &nbsp;&nbsp;11 | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45688) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 580.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25502) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 585.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23096) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 610.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12063) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 620.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5277) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 640.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5727) |
| BARC | &nbsp;&nbsp;Mastercard, Inc., Class A | &nbsp;&nbsp;USD | 670.00 | &nbsp;&nbsp;Jun 2026 | &nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12470) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 660.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51102) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 680.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33129) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 760.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5162) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 760.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15485) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 780.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4047) |
| GSI | &nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;USD | 780.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12141) |
| JPM | &nbsp;&nbsp;Meta Platforms, Inc., Class A | &nbsp;&nbsp;USD | 775.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40346) |
| JPM | &nbsp;&nbsp;Meta Platforms, Inc., Class A | &nbsp;&nbsp;USD | 810.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28252) |
| JPM | &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;USD | 565.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10647) |
| JPM | &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;USD | 590.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5724) |
| GSI | &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;USD | 190.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;27 | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42898) |
| GSI | &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;USD | 200.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;27 | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31342) |
| GSI | &nbsp;&nbsp;Salesforce, Inc. | &nbsp;&nbsp;USD | 290.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2844) |
| GSI | &nbsp;&nbsp;Salesforce, Inc. | &nbsp;&nbsp;USD | 300.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2193) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 100.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1290) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 100.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;31 | &nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4999) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 105.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(823) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 105.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;31 | &nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3191) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 105.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;53 | &nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5455) |
| WFB | &nbsp;&nbsp;Starbucks Corp. | &nbsp;&nbsp;USD | 125.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;22 | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(416) |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Capital Appreciation Value Trust (continued)<br>

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** | **Options on securities (continued)** |
| **Counterparty (OTC)/<br> Exchange-<br> traded** | &nbsp;&nbsp;**Name of issuer** | &nbsp;&nbsp;**Currency** | **Exercise<br> price** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Premium** | &nbsp;&nbsp;**Value** |
| **Calls (continued)** | **Calls (continued)** |  |  |  |  |  |  |  |
| WFB | &nbsp;&nbsp;The Cigna Group | &nbsp;&nbsp;USD | 330.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;$10538 | &nbsp;&nbsp;&nbsp;&nbsp;$(4975) |
| UBS | &nbsp;&nbsp;Veralto Corp. | &nbsp;&nbsp;USD | 110.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3077) |
| UBS | &nbsp;&nbsp;Veralto Corp. | &nbsp;&nbsp;USD | 110.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2308) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 360.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;15 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15515) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 370.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9931) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 380.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6669) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 390.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;17 | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5385) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 400.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2959) |
| GSI | &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;USD | 395.00 | &nbsp;&nbsp;Jun 2026 | &nbsp;&nbsp;14 | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13627) |
| JPM | &nbsp;&nbsp;Vulcan Materials Company | &nbsp;&nbsp;USD | 290.00 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;12 | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31934) |
| JPM | &nbsp;&nbsp;Vulcan Materials Company | &nbsp;&nbsp;USD | 300.00 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;12 | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23640) |
| BOA | &nbsp;&nbsp;Willis Towers Watson PLC | &nbsp;&nbsp;USD | 330.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11709) |
| BOA | &nbsp;&nbsp;Willis Towers Watson PLC | &nbsp;&nbsp;USD | 340.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9070) |
| WFB | &nbsp;&nbsp;Workday, Inc., Class A | &nbsp;&nbsp;USD | 260.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;19 | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20681) |
| WFB | &nbsp;&nbsp;Workday, Inc., Class A | &nbsp;&nbsp;USD | 270.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;19 | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15088) |
| WFB | &nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;USD | 145.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;17 | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20536) |
| WFB | &nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;USD | 160.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;23 | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8995) |
| WFB | &nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;USD | 160.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3911) |
| WFB | &nbsp;&nbsp;Yum! Brands, Inc. | &nbsp;&nbsp;USD | 165.00 | &nbsp;&nbsp;Jan 2026 | &nbsp;&nbsp;10 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2401) |
|  |  |  |  |  |  |  | &nbsp;&nbsp;**$1115932** | &nbsp;&nbsp;**$(1489917)** |

---

<u>Derivatives Currency Abbreviations</u> <br> USD U.S. Dollar

---

| | |
|:---|:---|
| <u>Derivatives Abbreviations</u> | <u>Derivatives Abbreviations</u> |
| BARC | Barclays Bank PLC |
| BOA | Bank of America, N.A. |
| CITI | Citibank, N.A. |
| GSI | Goldman Sachs International |
| JPM | JPMorgan Chase Bank, N.A. |
| OTC | Over-the-counter |
| UBS | UBS AG |
| WFB | Wells Fargo Bank, N.A. |

---

#### Core Bond Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 48.3%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 48.3%** |  |
| **U.S. Government – 19.6%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;1.125%, 08/15/2040 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553058 |
| &nbsp;&nbsp;&nbsp;1.750%, 08/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16803000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11401098 |
| &nbsp;&nbsp;&nbsp;2.000%, 11/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17139000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12036130 |
| &nbsp;&nbsp;&nbsp;2.250%, 08/15/2046 to 08/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9709000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6222019 |
| &nbsp;&nbsp;&nbsp;2.375%, 02/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4583000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3396075 |
| &nbsp;&nbsp;&nbsp;2.500%, 05/15/2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7784000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5473429 |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2048 to 02/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24631000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18530515 |
| &nbsp;&nbsp;&nbsp;3.125%, 05/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5499000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4240245 |
| &nbsp;&nbsp;&nbsp;4.750%, 05/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13043000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13083759 |
| &nbsp;&nbsp;&nbsp;4.875%, 08/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15887000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16241963 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;1.875%, 02/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2686000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382986 |
| &nbsp;&nbsp;&nbsp;3.375%, 09/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2045998 |
| &nbsp;&nbsp;&nbsp;3.500%, 09/30/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272413 |
| &nbsp;&nbsp;&nbsp;3.625%, 03/31/2030 to 09/30/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26859000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26728374 |
| &nbsp;&nbsp;&nbsp;3.750%, 06/30/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2863000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2864230 |
| &nbsp;&nbsp;&nbsp;3.875%, 09/30/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999709 |
| &nbsp;&nbsp;&nbsp;4.000%, 07/31/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6927000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7005199 |
| &nbsp;&nbsp;&nbsp;4.125%, 08/31/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5177000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5263755 |

---

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government (continued)** |  |  |
| U.S. Treasury Notes (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 08/15/2035 | $12102000 | $&nbsp;&nbsp;&nbsp;12200329 |
| &nbsp;&nbsp;&nbsp;4.625%, 09/30/2030 | &nbsp;&nbsp;5406000 | &nbsp;&nbsp;&nbsp;&nbsp;5619284 |
|  |  | 156560568 |
| **U.S. Government Agency – 28.7%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/01/2040 to 12/01/2051 | &nbsp;&nbsp;9701871 | &nbsp;&nbsp;&nbsp;&nbsp;8462662 |
| &nbsp;&nbsp;&nbsp;2.500%, 07/01/2033 to 04/01/2052 | 22127265 | &nbsp;&nbsp;&nbsp;19252017 |
| &nbsp;&nbsp;&nbsp;3.000%, 03/01/2043 to 01/01/2050 | 13445913 | &nbsp;&nbsp;&nbsp;12222513 |
| &nbsp;&nbsp;&nbsp;3.104%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.621%), 02/01/2050 (A) | &nbsp;&nbsp;&nbsp;&nbsp;430926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432334 |
| &nbsp;&nbsp;&nbsp;3.951%, (30 day Average SOFR + 2.140%), 08/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;460732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451392 |
| &nbsp;&nbsp;&nbsp;4.000%, 03/01/2050 | &nbsp;&nbsp;1465637 | &nbsp;&nbsp;&nbsp;&nbsp;1413755 |
| &nbsp;&nbsp;&nbsp;4.218%, (30 day Average SOFR + 2.306%), 05/01/2053 (A) | &nbsp;&nbsp;1296661 | &nbsp;&nbsp;&nbsp;&nbsp;1298416 |
| &nbsp;&nbsp;&nbsp;4.500%, 06/01/2039 to 07/01/2039 | &nbsp;&nbsp;&nbsp;&nbsp;61409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60691 |
| &nbsp;&nbsp;&nbsp;4.611%, (30 day Average SOFR + 2.352%), 03/01/2053 (A) | &nbsp;&nbsp;&nbsp;&nbsp;841926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;837456 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.828%, (30 day Average SOFR + 2.151%), 01/01/2055 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;702337 | $&nbsp;&nbsp;&nbsp;&nbsp;708574 |
| &nbsp;&nbsp;&nbsp;4.848%, (30 day Average SOFR + 2.246%), 06/01/2055 (A) | &nbsp;&nbsp;2261488 | &nbsp;&nbsp;&nbsp;2270985 |
| &nbsp;&nbsp;&nbsp;4.895%, (30 day Average SOFR + 2.325%), 10/01/2054 (A) | &nbsp;&nbsp;&nbsp;&nbsp;605985 | &nbsp;&nbsp;&nbsp;&nbsp;613920 |
| &nbsp;&nbsp;&nbsp;4.980%, (30 day Average SOFR + 2.060%), 06/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;370428 | &nbsp;&nbsp;&nbsp;&nbsp;373345 |
| &nbsp;&nbsp;&nbsp;4.988%, (30 day Average SOFR + 2.257%), 02/01/2054 (A) | &nbsp;&nbsp;&nbsp;&nbsp;267409 | &nbsp;&nbsp;&nbsp;&nbsp;270814 |
| &nbsp;&nbsp;&nbsp;5.016%, (30 day Average SOFR + 2.140%), 06/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;421575 | &nbsp;&nbsp;&nbsp;&nbsp;424713 |
| &nbsp;&nbsp;&nbsp;5.069%, (30 day Average SOFR + 2.060%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;230228 | &nbsp;&nbsp;&nbsp;&nbsp;232298 |
| &nbsp;&nbsp;&nbsp;5.076%, (30 day Average SOFR + 2.060%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;422869 | &nbsp;&nbsp;&nbsp;&nbsp;426744 |
| &nbsp;&nbsp;&nbsp;5.104%, (30 day Average SOFR + 2.193%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;205309 | &nbsp;&nbsp;&nbsp;&nbsp;207172 |
| &nbsp;&nbsp;&nbsp;5.106%, (30 day Average SOFR + 2.161%), 06/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;363093 | &nbsp;&nbsp;&nbsp;&nbsp;366192 |
| &nbsp;&nbsp;&nbsp;5.121%, (30 day Average SOFR + 2.227%), 06/01/2055 (A) | &nbsp;&nbsp;1969308 | &nbsp;&nbsp;&nbsp;1988101 |
| &nbsp;&nbsp;&nbsp;5.141%, (30 day Average SOFR + 2.060%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;342559 | &nbsp;&nbsp;&nbsp;&nbsp;345832 |
| &nbsp;&nbsp;&nbsp;5.198%, (30 day Average SOFR + 2.203%), 06/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;596385 | &nbsp;&nbsp;&nbsp;&nbsp;603103 |
| &nbsp;&nbsp;&nbsp;5.220%, (30 day Average SOFR + 2.265%), 01/01/2055 (A) | &nbsp;&nbsp;1934280 | &nbsp;&nbsp;&nbsp;1955981 |
| &nbsp;&nbsp;&nbsp;5.263%, (30 day Average SOFR + 2.075%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;944960 | &nbsp;&nbsp;&nbsp;&nbsp;955431 |
| &nbsp;&nbsp;&nbsp;5.303%, (30 day Average SOFR + 2.075%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;382590 | &nbsp;&nbsp;&nbsp;&nbsp;386455 |
| &nbsp;&nbsp;&nbsp;5.322%, (30 day Average SOFR + 2.105%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;350295 | &nbsp;&nbsp;&nbsp;&nbsp;355078 |
| &nbsp;&nbsp;&nbsp;5.337%, (30 day Average SOFR + 2.330%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;431759 | &nbsp;&nbsp;&nbsp;&nbsp;437197 |
| &nbsp;&nbsp;&nbsp;5.431%, (30 day Average SOFR + 2.330%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;554813 | &nbsp;&nbsp;&nbsp;&nbsp;562382 |
| &nbsp;&nbsp;&nbsp;5.446%, (30 day Average SOFR + 2.090%), 05/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;242423 | &nbsp;&nbsp;&nbsp;&nbsp;246309 |
| &nbsp;&nbsp;&nbsp;5.500%, 05/01/2055 to 07/01/2055 | &nbsp;&nbsp;5726244 | &nbsp;&nbsp;&nbsp;5787651 |
| &nbsp;&nbsp;&nbsp;5.612%, (30 day Average SOFR + 2.330%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;655438 | &nbsp;&nbsp;&nbsp;&nbsp;666579 |
| &nbsp;&nbsp;&nbsp;5.818%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.640%), 11/01/2048 (A) | &nbsp;&nbsp;&nbsp;&nbsp;244873 | &nbsp;&nbsp;&nbsp;&nbsp;249812 |
| &nbsp;&nbsp;&nbsp;6.000%, 09/01/2054 to 06/01/2055 | 11773194 | 12161815 |
| &nbsp;&nbsp;&nbsp;6.500%, 09/01/2054 to 11/01/2054 | &nbsp;&nbsp;2533052 | &nbsp;&nbsp;&nbsp;2675810 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/01/2040 to 03/01/2047 | 20047112 | 17296535 |
| &nbsp;&nbsp;&nbsp;2.500%, 05/01/2037 to 05/01/2052 | 15339368 | 13438942 |
| &nbsp;&nbsp;&nbsp;2.754%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.606%), 06/01/2050 (A) | &nbsp;&nbsp;&nbsp;&nbsp;307536 | &nbsp;&nbsp;&nbsp;&nbsp;298498 |
| &nbsp;&nbsp;&nbsp;3.000%, 08/01/2042 to 07/01/2060 | 45223784 | 40938890 |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2042 to 01/01/2044 | &nbsp;&nbsp;&nbsp;&nbsp;508198 | &nbsp;&nbsp;&nbsp;&nbsp;485716 |
| &nbsp;&nbsp;&nbsp;3.935%, (30 day Average SOFR + 2.120%), 08/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;183092 | &nbsp;&nbsp;&nbsp;&nbsp;179851 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/01/2027 to 12/01/2048 | &nbsp;&nbsp;1746912 | &nbsp;&nbsp;&nbsp;1706535 |
| &nbsp;&nbsp;&nbsp;4.102%, (30 day Average SOFR + 2.120%), 09/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;593641 | &nbsp;&nbsp;&nbsp;&nbsp;599353 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.130%, (30 day Average SOFR + 2.134%), 10/01/2052 (A) | &nbsp;&nbsp;1486710 | $&nbsp;&nbsp;&nbsp;&nbsp;1497478 |
| &nbsp;&nbsp;&nbsp;4.146%, (30 day Average SOFR + 2.129%), 11/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;517682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521455 |
| &nbsp;&nbsp;&nbsp;4.355%, (30 day Average SOFR + 2.162%), 01/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;627552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633263 |
| &nbsp;&nbsp;&nbsp;4.359%, (30 day Average SOFR + 2.125%), 07/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;762468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764913 |
| &nbsp;&nbsp;&nbsp;4.500%, 03/01/2043 to 02/01/2046 | &nbsp;&nbsp;1076230 | &nbsp;&nbsp;&nbsp;&nbsp;1074617 |
| &nbsp;&nbsp;&nbsp;4.535%, (30 day Average SOFR + 2.330%), 04/01/2053 (A) | &nbsp;&nbsp;2133309 | &nbsp;&nbsp;&nbsp;&nbsp;2124150 |
| &nbsp;&nbsp;&nbsp;4.600%, (30 day Average SOFR + 2.126%), 08/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;837912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845274 |
| &nbsp;&nbsp;&nbsp;4.601%, (30 day Average SOFR + 2.123%), 08/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;647906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648802 |
| &nbsp;&nbsp;&nbsp;4.637%, (30 day Average SOFR + 2.128%), 08/01/2052 (A) | &nbsp;&nbsp;&nbsp;&nbsp;478538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483196 |
| &nbsp;&nbsp;&nbsp;4.673%, (30 day Average SOFR + 2.297%), 04/01/2053 (A) | &nbsp;&nbsp;2569083 | &nbsp;&nbsp;&nbsp;&nbsp;2593696 |
| &nbsp;&nbsp;&nbsp;4.866%, (30 day Average SOFR + 2.279%), 07/01/2054 (A) | &nbsp;&nbsp;1310572 | &nbsp;&nbsp;&nbsp;&nbsp;1328621 |
| &nbsp;&nbsp;&nbsp;4.943%, (30 day Average SOFR + 2.161%), 04/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;512826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517886 |
| &nbsp;&nbsp;&nbsp;4.967%, (30 day Average SOFR + 2.310%), 05/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;612241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615947 |
| &nbsp;&nbsp;&nbsp;5.014%, (30 day Average SOFR + 2.050%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;217544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219734 |
| &nbsp;&nbsp;&nbsp;5.053%, (30 day Average SOFR + 2.086%), 07/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;622408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629334 |
| &nbsp;&nbsp;&nbsp;5.371%, (30 day Average SOFR + 2.060%), 05/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;615004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625894 |
| &nbsp;&nbsp;&nbsp;5.402%, (30 day Average SOFR + 2.333%), 08/01/2054 (A) | &nbsp;&nbsp;&nbsp;&nbsp;902104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918560 |
| &nbsp;&nbsp;&nbsp;5.500%, TBA (B) | &nbsp;&nbsp;7800000 | &nbsp;&nbsp;&nbsp;&nbsp;7864898 |
| &nbsp;&nbsp;&nbsp;5.500%, 02/01/2054 to 07/01/2055 | 17173132 | &nbsp;&nbsp;&nbsp;17374864 |
| &nbsp;&nbsp;&nbsp;5.592%, (30 day Average SOFR + 2.060%), 08/01/2055 (A) | &nbsp;&nbsp;&nbsp;&nbsp;625949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640239 |
| &nbsp;&nbsp;&nbsp;5.598%, (30 day Average SOFR + 2.085%), 12/01/2053 (A) | &nbsp;&nbsp;&nbsp;&nbsp;410188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420356 |
| &nbsp;&nbsp;&nbsp;5.975%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.604%), 03/01/2050 (A) | &nbsp;&nbsp;&nbsp;&nbsp;563981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576188 |
| &nbsp;&nbsp;&nbsp;6.000%, 12/01/2053 to 06/01/2055 | 10421432 | &nbsp;&nbsp;&nbsp;10747967 |
| &nbsp;&nbsp;&nbsp;6.500%, 12/01/2053 to 10/01/2054 | &nbsp;&nbsp;1609205 | &nbsp;&nbsp;&nbsp;&nbsp;1697824 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 12/20/2037 to 07/20/2050 | &nbsp;&nbsp;4419562 | &nbsp;&nbsp;&nbsp;&nbsp;3900240 |
| &nbsp;&nbsp;&nbsp;3.000%, 06/20/2043 to 10/20/2050 | &nbsp;&nbsp;3590697 | &nbsp;&nbsp;&nbsp;&nbsp;3248211 |
| &nbsp;&nbsp;&nbsp;4.000%, 08/20/2052 | &nbsp;&nbsp;6310870 | &nbsp;&nbsp;&nbsp;&nbsp;5988855 |
| &nbsp;&nbsp;&nbsp;5.500%, 08/20/2055 | &nbsp;&nbsp;2826570 | &nbsp;&nbsp;&nbsp;&nbsp;2849421 |
| &nbsp;&nbsp;&nbsp;6.000%, 01/20/2053 to 07/20/2055 | &nbsp;&nbsp;3753558 | &nbsp;&nbsp;&nbsp;&nbsp;3842239 |
|  |  | 229841971 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $386,271,805) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $386,271,805) | $386402539 |
| **FOREIGN GOVERNMENT OBLIGATIONS – 1.4%** | **FOREIGN GOVERNMENT OBLIGATIONS – 1.4%** |  |
| **Australia – 0.1%** |  |  |
| Export Finance & Insurance Corp.<br> 4.625%, 10/26/2027 (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859278 |
| **Israel – 0.2%** |  |  |
| State of Israel |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 07/03/2050 | &nbsp;&nbsp;&nbsp;&nbsp;299000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214761 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Israel (continued)** |  |  |
| State of Israel (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 01/17/2033 | &nbsp;&nbsp;408000 | $&nbsp;&nbsp;&nbsp;&nbsp;397646 |
| &nbsp;&nbsp;&nbsp;5.375%, 02/19/2030 | &nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;804546 |
| &nbsp;&nbsp;&nbsp;5.750%, 03/12/2054 | &nbsp;&nbsp;427000 | &nbsp;&nbsp;&nbsp;&nbsp;403918 |
|  |  | &nbsp;&nbsp;&nbsp;1820871 |
| **Kuwait – 0.4%** |  |  |
| State of Kuwait |  |  |
| &nbsp;&nbsp;&nbsp;4.016%, 10/09/2028 (C) | 1245000 | &nbsp;&nbsp;&nbsp;1245000 |
| &nbsp;&nbsp;&nbsp;4.136%, 10/09/2030 (C) | 1243000 | &nbsp;&nbsp;&nbsp;1243000 |
| &nbsp;&nbsp;&nbsp;4.652%, 10/09/2035 (C) | &nbsp;&nbsp;704000 | &nbsp;&nbsp;&nbsp;&nbsp;704000 |
|  |  | &nbsp;&nbsp;&nbsp;3192000 |
| **Mexico – 0.6%** |  |  |
| Government of Mexico |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 02/12/2034 | &nbsp;&nbsp;304000 | &nbsp;&nbsp;&nbsp;&nbsp;264024 |
| &nbsp;&nbsp;&nbsp;4.400%, 02/12/2052 | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;152838 |
| &nbsp;&nbsp;&nbsp;4.600%, 01/23/2046 | &nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;278574 |
| &nbsp;&nbsp;&nbsp;4.600%, 02/10/2048 | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;293812 |
| &nbsp;&nbsp;&nbsp;4.750%, 03/22/2031 | &nbsp;&nbsp;936000 | &nbsp;&nbsp;&nbsp;&nbsp;927810 |
| &nbsp;&nbsp;&nbsp;4.750%, 03/08/2044 | &nbsp;&nbsp;358000 | &nbsp;&nbsp;&nbsp;&nbsp;297409 |
| &nbsp;&nbsp;&nbsp;5.375%, 03/22/2033 | 1541000 | &nbsp;&nbsp;&nbsp;1536377 |
| &nbsp;&nbsp;&nbsp;5.625%, 09/22/2035 | &nbsp;&nbsp;366000 | &nbsp;&nbsp;&nbsp;&nbsp;364192 |
| &nbsp;&nbsp;&nbsp;6.625%, 01/29/2038 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;578056 |
|  |  | &nbsp;&nbsp;&nbsp;4693092 |
| **Paraguay – 0.1%** |  |  |
| Republic of Paraguay<br> 5.400%, 03/30/2050 (C) | &nbsp;&nbsp;911000 | &nbsp;&nbsp;&nbsp;&nbsp;836043 |
| TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $11,247,499) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $11,247,499) | $11401284 |
| **CORPORATE BONDS – 25.6%** | **CORPORATE BONDS – 25.6%** |  |
| **Communication services – 1.1%** |  |  |
| Alphabet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 05/15/2055 | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;373813 |
| &nbsp;&nbsp;&nbsp;5.300%, 05/15/2065 | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;371147 |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2041 | &nbsp;&nbsp;248000 | &nbsp;&nbsp;&nbsp;&nbsp;198246 |
| &nbsp;&nbsp;&nbsp;3.500%, 09/15/2053 (D) | &nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;265614 |
| &nbsp;&nbsp;&nbsp;3.550%, 09/15/2055 | &nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;264621 |
| &nbsp;&nbsp;&nbsp;3.650%, 09/15/2059 | &nbsp;&nbsp;243000 | &nbsp;&nbsp;&nbsp;&nbsp;166140 |
| &nbsp;&nbsp;&nbsp;3.800%, 12/01/2057 | &nbsp;&nbsp;338000 | &nbsp;&nbsp;&nbsp;&nbsp;241010 |
| &nbsp;&nbsp;&nbsp;4.550%, 11/01/2032 | &nbsp;&nbsp;459000 | &nbsp;&nbsp;&nbsp;&nbsp;456964 |
| &nbsp;&nbsp;&nbsp;4.900%, 11/01/2035 | &nbsp;&nbsp;459000 | &nbsp;&nbsp;&nbsp;&nbsp;455416 |
| &nbsp;&nbsp;&nbsp;5.550%, 11/01/2045 | &nbsp;&nbsp;367000 | &nbsp;&nbsp;&nbsp;&nbsp;363352 |
| &nbsp;&nbsp;&nbsp;5.700%, 11/01/2054 | &nbsp;&nbsp;367000 | &nbsp;&nbsp;&nbsp;&nbsp;362730 |
| Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2041 | &nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97037 |
| &nbsp;&nbsp;&nbsp;3.500%, 03/01/2042 | &nbsp;&nbsp;651000 | &nbsp;&nbsp;&nbsp;&nbsp;468880 |
| &nbsp;&nbsp;&nbsp;3.900%, 06/01/2052 | &nbsp;&nbsp;189000 | &nbsp;&nbsp;&nbsp;&nbsp;128008 |
| &nbsp;&nbsp;&nbsp;5.250%, 04/01/2053 | &nbsp;&nbsp;319000 | &nbsp;&nbsp;&nbsp;&nbsp;266556 |
| &nbsp;&nbsp;&nbsp;5.500%, 04/01/2063 | &nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;113967 |
| &nbsp;&nbsp;&nbsp;5.850%, 12/01/2035 | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;499728 |
| &nbsp;&nbsp;&nbsp;6.700%, 12/01/2055 | &nbsp;&nbsp;486000 | &nbsp;&nbsp;&nbsp;&nbsp;491808 |
| Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.987%, 11/01/2063 | &nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;165595 |
| &nbsp;&nbsp;&nbsp;4.049%, 11/01/2052 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;191681 |
| &nbsp;&nbsp;&nbsp;5.350%, 05/15/2053 | &nbsp;&nbsp;206000 | &nbsp;&nbsp;&nbsp;&nbsp;193165 |
| Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 08/15/2054 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;148197 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/15/2064 | &nbsp;&nbsp;719000 | &nbsp;&nbsp;&nbsp;&nbsp;713717 |
| Netflix, Inc.<br> 5.400%, 08/15/2054 | &nbsp;&nbsp;332000 | &nbsp;&nbsp;&nbsp;&nbsp;334346 |
| T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.300%, 05/15/2035 | &nbsp;&nbsp;531000 | &nbsp;&nbsp;&nbsp;&nbsp;543841 |
| &nbsp;&nbsp;&nbsp;5.875%, 11/15/2055 | &nbsp;&nbsp;271000 | &nbsp;&nbsp;&nbsp;&nbsp;276817 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.987%, 10/30/2056 | $&nbsp;&nbsp;389000 | $&nbsp;&nbsp;&nbsp;&nbsp;239854 |
| &nbsp;&nbsp;&nbsp;5.250%, 04/02/2035 | &nbsp;&nbsp;679000 | &nbsp;&nbsp;&nbsp;&nbsp;690484 |
|  |  | 9082734 |
| **Consumer discretionary – 1.1%** |  |  |
| BMW US Capital LLC<br> 5.200%, 08/11/2035 (C) | &nbsp;&nbsp;455000 | &nbsp;&nbsp;&nbsp;&nbsp;459892 |
| Chevron USA, Inc.<br> 4.300%, 10/15/2030 | &nbsp;&nbsp;473000 | &nbsp;&nbsp;&nbsp;&nbsp;475578 |
| Dick's Sporting Goods, Inc.<br> 4.100%, 01/15/2052 | &nbsp;&nbsp;501000 | &nbsp;&nbsp;&nbsp;&nbsp;373004 |
| Ford Motor Credit Company LLC<br> 2.900%, 02/10/2029 | 1786000 | 1654776 |
| General Motors Financial Company, Inc.<br> 2.700%, 06/10/2031 | &nbsp;&nbsp;985000 | &nbsp;&nbsp;&nbsp;&nbsp;880597 |
| Gildan Activewear, Inc.<br> 5.400%, 10/07/2035 (C) | &nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp;135019 |
| Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/18/2030 (C) | &nbsp;&nbsp;344000 | &nbsp;&nbsp;&nbsp;&nbsp;342362 |
| &nbsp;&nbsp;&nbsp;5.150%, 03/27/2030 (C) | &nbsp;&nbsp;383000 | &nbsp;&nbsp;&nbsp;&nbsp;390823 |
| Lowe's Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 04/01/2051 | &nbsp;&nbsp;313000 | &nbsp;&nbsp;&nbsp;&nbsp;222315 |
| &nbsp;&nbsp;&nbsp;4.250%, 03/15/2031 | &nbsp;&nbsp;618000 | &nbsp;&nbsp;&nbsp;&nbsp;614000 |
| &nbsp;&nbsp;&nbsp;4.250%, 04/01/2052 | &nbsp;&nbsp;577000 | &nbsp;&nbsp;&nbsp;&nbsp;465907 |
| &nbsp;&nbsp;&nbsp;4.850%, 10/15/2035 | &nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;570242 |
| Marriott International, Inc.<br> 5.250%, 10/15/2035 | &nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;797033 |
| McDonald's Corp.<br> 6.300%, 03/01/2038 | &nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;436262 |
| The Home Depot, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 04/15/2052 | &nbsp;&nbsp;252000 | &nbsp;&nbsp;&nbsp;&nbsp;188795 |
| &nbsp;&nbsp;&nbsp;4.850%, 06/25/2031 | &nbsp;&nbsp;114000 | &nbsp;&nbsp;&nbsp;&nbsp;117638 |
| Toyota Motor Credit Corp.<br> 4.650%, 09/03/2032 | &nbsp;&nbsp;801000 | &nbsp;&nbsp;&nbsp;&nbsp;806457 |
|  |  | 8930700 |
| **Consumer staples – 1.7%** |  |  |
| Altria Group, Inc.<br> 3.875%, 09/16/2046 | &nbsp;&nbsp;357000 | &nbsp;&nbsp;&nbsp;&nbsp;273648 |
| Anheuser-Busch Companies LLC<br> 4.700%, 02/01/2036 | 1359000 | 1341744 |
| Anheuser-Busch InBev Worldwide, Inc.<br> 5.450%, 01/23/2039 | &nbsp;&nbsp;264000 | &nbsp;&nbsp;&nbsp;&nbsp;272769 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.540%, 08/15/2047 | &nbsp;&nbsp;548000 | &nbsp;&nbsp;&nbsp;&nbsp;459520 |
| &nbsp;&nbsp;&nbsp;6.250%, 08/15/2055 | &nbsp;&nbsp;388000 | &nbsp;&nbsp;&nbsp;&nbsp;405703 |
| &nbsp;&nbsp;&nbsp;7.081%, 08/02/2053 | &nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;163907 |
| Bunge, Ltd. Finance Corp.<br> 5.150%, 08/04/2035 | &nbsp;&nbsp;683000 | &nbsp;&nbsp;&nbsp;&nbsp;691051 |
| Imperial Brands Finance PLC<br> 5.625%, 07/01/2035 (C) | &nbsp;&nbsp;526000 | &nbsp;&nbsp;&nbsp;&nbsp;536481 |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 05/15/2032 | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;456284 |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2032 | &nbsp;&nbsp;687000 | &nbsp;&nbsp;&nbsp;&nbsp;640396 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;177536 |
| &nbsp;&nbsp;&nbsp;6.375%, 04/15/2066 (C) | &nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;139813 |
| &nbsp;&nbsp;&nbsp;6.500%, 12/01/2052 | &nbsp;&nbsp;356000 | &nbsp;&nbsp;&nbsp;&nbsp;375131 |
| &nbsp;&nbsp;&nbsp;7.250%, 11/15/2053 | &nbsp;&nbsp;543000 | &nbsp;&nbsp;&nbsp;&nbsp;622667 |
| PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.100%, 01/15/2029 | &nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;667350 |
| &nbsp;&nbsp;&nbsp;4.300%, 07/23/2030 | &nbsp;&nbsp;368000 | &nbsp;&nbsp;&nbsp;&nbsp;370245 |
| Philip Morris International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 04/28/2028 | 1147000 | 1149055 |
| &nbsp;&nbsp;&nbsp;4.375%, 04/30/2030 | &nbsp;&nbsp;971000 | &nbsp;&nbsp;&nbsp;&nbsp;975320 |
| &nbsp;&nbsp;&nbsp;4.875%, 04/30/2035 | 1029000 | 1029589 |
| &nbsp;&nbsp;&nbsp;5.000%, 11/17/2025 | &nbsp;&nbsp;548000 | &nbsp;&nbsp;&nbsp;&nbsp;548367 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer staples (continued)** |  |  |
| Walmart, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.350%, 04/28/2030 | $&nbsp;&nbsp;924000 | $&nbsp;&nbsp;&nbsp;&nbsp;939166 |
| &nbsp;&nbsp;&nbsp;4.900%, 04/28/2035 | 1208000 | &nbsp;&nbsp;&nbsp;1242623 |
|  |  | 13478365 |
| **Energy – 1.1%** |  |  |
| Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 10/01/2034 (C) | &nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;358788 |
| &nbsp;&nbsp;&nbsp;5.800%, 10/01/2054 (C) | &nbsp;&nbsp;157000 | &nbsp;&nbsp;&nbsp;&nbsp;145556 |
| Devon Energy Corp.<br> 5.750%, 09/15/2054 | &nbsp;&nbsp;434000 | &nbsp;&nbsp;&nbsp;&nbsp;402568 |
| Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 01/30/2030 | &nbsp;&nbsp;488000 | &nbsp;&nbsp;&nbsp;&nbsp;502577 |
| &nbsp;&nbsp;&nbsp;5.200%, 04/18/2027 | &nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;264747 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/18/2054 | &nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;156902 |
| &nbsp;&nbsp;&nbsp;5.900%, 04/18/2064 | &nbsp;&nbsp;131000 | &nbsp;&nbsp;&nbsp;&nbsp;126111 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 07/01/2029 | &nbsp;&nbsp;659000 | &nbsp;&nbsp;&nbsp;&nbsp;678119 |
| &nbsp;&nbsp;&nbsp;5.300%, 04/15/2047 | &nbsp;&nbsp;264000 | &nbsp;&nbsp;&nbsp;&nbsp;238439 |
| &nbsp;&nbsp;&nbsp;5.700%, 04/01/2035 | &nbsp;&nbsp;771000 | &nbsp;&nbsp;&nbsp;&nbsp;796119 |
| &nbsp;&nbsp;&nbsp;5.950%, 05/15/2054 | 1061000 | &nbsp;&nbsp;&nbsp;1027503 |
| &nbsp;&nbsp;&nbsp;6.000%, 02/01/2029 (C) | &nbsp;&nbsp;478000 | &nbsp;&nbsp;&nbsp;&nbsp;484799 |
| &nbsp;&nbsp;&nbsp;6.050%, 09/01/2054 | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;265108 |
| Equinor ASA<br> 5.125%, 06/03/2035 | &nbsp;&nbsp;227000 | &nbsp;&nbsp;&nbsp;&nbsp;233887 |
| Galaxy Pipeline Assets Bidco, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.160%, 03/31/2034 (C) | &nbsp;&nbsp;513205 | &nbsp;&nbsp;&nbsp;&nbsp;465967 |
| &nbsp;&nbsp;&nbsp;2.625%, 03/31/2036 (C) | &nbsp;&nbsp;459000 | &nbsp;&nbsp;&nbsp;&nbsp;404300 |
| Kinder Morgan, Inc.<br> 5.150%, 06/01/2030 | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;466274 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.050%, 11/01/2034 | &nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;134120 |
| &nbsp;&nbsp;&nbsp;5.700%, 11/01/2054 | &nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;533400 |
| &nbsp;&nbsp;&nbsp;5.850%, 11/01/2064 | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;100224 |
| &nbsp;&nbsp;&nbsp;6.250%, 10/15/2055 | &nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;346292 |
| Petroleos Mexicanos<br> 2.460%, 12/15/2025 | &nbsp;&nbsp;162050 | &nbsp;&nbsp;&nbsp;&nbsp;160542 |
| Saudi Arabian Oil Company<br> 6.375%, 06/02/2055 (C) | &nbsp;&nbsp;244000 | &nbsp;&nbsp;&nbsp;&nbsp;260098 |
| TotalEnergies Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;5.425%, 09/10/2064 | &nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;130949 |
| &nbsp;&nbsp;&nbsp;5.638%, 04/05/2064 | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;129519 |
|  |  | &nbsp;&nbsp;&nbsp;8812908 |
| **Financials – 7.9%** |  |  |
| American Express Company |  |  |
| &nbsp;&nbsp;&nbsp;4.351%, (4.351% to 7-20-28, then Overnight SOFR + 0.810%), 07/20/2029 | 1065000 | &nbsp;&nbsp;&nbsp;1071283 |
| &nbsp;&nbsp;&nbsp;4.731%, (4.731% to 4-25-28, then Overnight SOFR + 1.260%), 04/25/2029 | &nbsp;&nbsp;851000 | &nbsp;&nbsp;&nbsp;&nbsp;864411 |
| &nbsp;&nbsp;&nbsp;4.918%, (4.918% to 7-20-32, then Overnight SOFR + 1.220%), 07/20/2033 | &nbsp;&nbsp;779000 | &nbsp;&nbsp;&nbsp;&nbsp;792561 |
| &nbsp;&nbsp;&nbsp;5.016%, (5.016% to 4-25-30, then Overnight SOFR + 1.440%), 04/25/2031 | &nbsp;&nbsp;914000 | &nbsp;&nbsp;&nbsp;&nbsp;939838 |
| &nbsp;&nbsp;&nbsp;5.085%, (5.085% to 1-30-30, then SOFR Compounded Index + 1.020%), 01/30/2031 | &nbsp;&nbsp;357000 | &nbsp;&nbsp;&nbsp;&nbsp;368062 |
| &nbsp;&nbsp;&nbsp;5.442%, (5.442% to 1-30-35, then SOFR Compounded Index + 1.320%), 01/30/2036 | &nbsp;&nbsp;467000 | &nbsp;&nbsp;&nbsp;&nbsp;485715 |
| &nbsp;&nbsp;&nbsp;5.667%, (5.667% to 4-25-35, then Overnight SOFR + 1.790%), 04/25/2036 | &nbsp;&nbsp;343000 | &nbsp;&nbsp;&nbsp;&nbsp;362381 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Ares Management Corp.<br> 5.600%, 10/11/2054 | $&nbsp;&nbsp;394000 | $&nbsp;&nbsp;&nbsp;&nbsp;381023 |
| Athene Global Funding<br> 5.543%, 08/22/2035 (C) | &nbsp;&nbsp;407000 | &nbsp;&nbsp;&nbsp;&nbsp;412451 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.734%, (1.734% to 7-22-26, then Overnight SOFR + 0.960%), 07/22/2027 | 1641000 | 1608227 |
| &nbsp;&nbsp;&nbsp;1.922%, (1.922% to 10-24-30, then Overnight SOFR + 1.370%), 10/24/2031 | &nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;202503 |
| &nbsp;&nbsp;&nbsp;2.496%, (2.496% to 2-13-30, then 3 month CME Term SOFR + 1.252%), 02/13/2031 | &nbsp;&nbsp;513000 | &nbsp;&nbsp;&nbsp;&nbsp;474783 |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.476%, (4.476% to 11-11-28, then Overnight SOFR + 1.080%), 11/11/2029 | &nbsp;&nbsp;798000 | &nbsp;&nbsp;&nbsp;&nbsp;799410 |
| &nbsp;&nbsp;&nbsp;5.785%, (5.785% to 2-25-35, then Overnight SOFR + 1.590%), 02/25/2036 | &nbsp;&nbsp;572000 | &nbsp;&nbsp;&nbsp;&nbsp;596948 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;5.389%, (5.389% to 5-28-30, then Overnight SOFR + 1.581%), 05/28/2031 (C) | &nbsp;&nbsp;301000 | &nbsp;&nbsp;&nbsp;&nbsp;308809 |
| &nbsp;&nbsp;&nbsp;6.027%, (6.027% to 5-28-35, then Overnight SOFR + 1.956%), 05/28/2036 (C) | &nbsp;&nbsp;318000 | &nbsp;&nbsp;&nbsp;&nbsp;334884 |
| Brookfield Asset Management, Ltd.<br> 6.077%, 09/15/2055 | &nbsp;&nbsp;268000 | &nbsp;&nbsp;&nbsp;&nbsp;278089 |
| Brookfield Finance, Inc.<br> 5.330%, 01/15/2036 | &nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;567983 |
| CaixaBank SA |  |  |
| &nbsp;&nbsp;&nbsp;4.634%, (4.634% to 7-3-28, then Overnight SOFR + 1.140%), 07/03/2029 (C) | &nbsp;&nbsp;862000 | &nbsp;&nbsp;&nbsp;&nbsp;868035 |
| &nbsp;&nbsp;&nbsp;4.885%, (4.885% to 7-3-30, then Overnight SOFR + 1.360%), 07/03/2031 (C) | &nbsp;&nbsp;862000 | &nbsp;&nbsp;&nbsp;&nbsp;870846 |
| &nbsp;&nbsp;&nbsp;5.581%, (5.581% to 7-3-35, then Overnight SOFR + 1.790%), 07/03/2036 (C) | &nbsp;&nbsp;519000 | &nbsp;&nbsp;&nbsp;&nbsp;531575 |
| Canadian Imperial Bank of Commerce |  |  |
| &nbsp;&nbsp;&nbsp;4.243%, (4.243% to 9-8-27, then SOFR Compounded Index + 0.600%), 09/08/2028 | &nbsp;&nbsp;805000 | &nbsp;&nbsp;&nbsp;&nbsp;806375 |
| &nbsp;&nbsp;&nbsp;4.580%, (4.580% to 9-8-30, then SOFR Compounded Index + 1.170%), 09/08/2031 | &nbsp;&nbsp;862000 | &nbsp;&nbsp;&nbsp;&nbsp;864832 |
| Capital One Financial Corp.<br> 6.051%, (6.051% to 2-1-34, then Overnight SOFR + 2.260%), 02/01/2035 | 1011000 | 1073194 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.503%, (4.503% to 9-11-30, then Overnight SOFR + 1.171%), 09/11/2031 | &nbsp;&nbsp;986000 | &nbsp;&nbsp;&nbsp;&nbsp;986533 |
| &nbsp;&nbsp;&nbsp;4.542%, (4.542% to 9-19-29, then Overnight SOFR + 1.338%), 09/19/2030 (D) | &nbsp;&nbsp;426000 | &nbsp;&nbsp;&nbsp;&nbsp;427982 |
| &nbsp;&nbsp;&nbsp;4.786%, (4.786% to 3-4-28, then Overnight SOFR + 0.870%), 03/04/2029 | &nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;931850 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Citigroup, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.952%, (4.952% to 5-7-30, then Overnight SOFR + 1.463%), 05/07/2031 | $&nbsp;&nbsp;681000 | $&nbsp;&nbsp;&nbsp;&nbsp;693940 |
| &nbsp;&nbsp;&nbsp;5.174%, (5.174% to 9-11-35, then Overnight SOFR + 1.488%), 09/11/2036 | &nbsp;&nbsp;641000 | &nbsp;&nbsp;&nbsp;&nbsp;647505 |
| &nbsp;&nbsp;&nbsp;5.333%, (5.333% to 3-27-35, then Overnight SOFR + 1.465%), 03/27/2036 | &nbsp;&nbsp;927000 | &nbsp;&nbsp;&nbsp;&nbsp;947581 |
| &nbsp;&nbsp;&nbsp;5.612%, (5.612% to 3-4-55, then Overnight SOFR + 1.746%), 03/04/2056 | &nbsp;&nbsp;631000 | &nbsp;&nbsp;&nbsp;&nbsp;637158 |
| &nbsp;&nbsp;&nbsp;5.827%, (5.827% to 2-13-34, then Overnight SOFR + 2.056%), 02/13/2035 | &nbsp;&nbsp;287000 | &nbsp;&nbsp;&nbsp;&nbsp;297662 |
| &nbsp;&nbsp;&nbsp;6.020%, (6.020% to 1-24-35, then Overnight SOFR + 1.830%), 01/24/2036 | &nbsp;&nbsp;788000 | &nbsp;&nbsp;&nbsp;&nbsp;825497 |
| Commonwealth Bank of Australia<br> 4.150%, 10/01/2030 (B) | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;509834 |
| Credit Agricole SA<br> 4.818%, (4.818% to 9-25-32, then Overnight SOFR + 1.360%), 09/25/2033 (C) | &nbsp;&nbsp;931000 | &nbsp;&nbsp;&nbsp;&nbsp;925278 |
| Deutsche Bank AG<br> 4.950%, (4.950% to 8-4-30, then Overnight SOFR + 1.300%), 08/04/2031 | &nbsp;&nbsp;461000 | &nbsp;&nbsp;&nbsp;&nbsp;465360 |
| FS KKR Capital Corp.<br> 6.125%, 01/15/2030 (D) | &nbsp;&nbsp;743000 | &nbsp;&nbsp;&nbsp;&nbsp;739682 |
| Guardian Life Global Funding<br> 4.327%, 10/06/2030 (C) | &nbsp;&nbsp;578000 | &nbsp;&nbsp;&nbsp;&nbsp;578215 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031 | &nbsp;&nbsp;397000 | &nbsp;&nbsp;&nbsp;&nbsp;368229 |
| &nbsp;&nbsp;&nbsp;5.576%, (5.576% to 7-23-35, then Overnight SOFR + 1.635%), 07/23/2036 | &nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;590909 |
| Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.527%, (4.527% to 9-12-30, then 1 Year CMT + 0.800%), 09/12/2031 | &nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;752855 |
| &nbsp;&nbsp;&nbsp;5.188%, (5.188% to 9-12-35, then 5 Year CMT + 0.930%), 09/12/2036 | &nbsp;&nbsp;755000 | &nbsp;&nbsp;&nbsp;&nbsp;767164 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;4.994%, (4.994% to 4-12-28, then Overnight SOFR + 1.380%), 04/12/2029 | 1335000 | 1361665 |
| &nbsp;&nbsp;&nbsp;5.042%, (5.042% to 7-19-29, then Overnight SOFR + 1.215%), 07/19/2030 | 1211000 | 1241107 |
| &nbsp;&nbsp;&nbsp;5.192%, (5.192% to 4-17-30, then Overnight SOFR + 1.510%), 04/17/2031 | &nbsp;&nbsp;216000 | &nbsp;&nbsp;&nbsp;&nbsp;223040 |
| &nbsp;&nbsp;&nbsp;5.230%, (5.230% to 1-15-30, then Overnight SOFR + 1.108%), 01/15/2031 | 1301000 | 1342827 |
| &nbsp;&nbsp;&nbsp;5.449%, (5.449% to 7-20-28, then Overnight SOFR + 1.630%), 07/20/2029 | &nbsp;&nbsp;512000 | &nbsp;&nbsp;&nbsp;&nbsp;529055 |
| &nbsp;&nbsp;&nbsp;5.831%, (5.831% to 4-19-34, then Overnight SOFR + 1.580%), 04/19/2035 | 1195000 | 1273921 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Morgan Stanley Private Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;4.466%, (4.466% to 7-6-27, then Overnight SOFR + 0.770%), 07/06/2028 | $&nbsp;&nbsp;807000 | $&nbsp;&nbsp;&nbsp;&nbsp;811525 |
| &nbsp;&nbsp;&nbsp;4.734%, (4.734% to 7-18-30, then Overnight SOFR + 1.080%), 07/18/2031 | 2427000 | 2463243 |
| Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;4.351%, 09/30/2030 (C) | &nbsp;&nbsp;752000 | &nbsp;&nbsp;&nbsp;&nbsp;749180 |
| &nbsp;&nbsp;&nbsp;5.537%, (5.537% to 7-14-35, then Overnight SOFR + 1.650%), 07/14/2036 (C) | &nbsp;&nbsp;424000 | &nbsp;&nbsp;&nbsp;&nbsp;436031 |
| Nomura Holdings, Inc.<br> 4.904%, 07/01/2030 (D) | &nbsp;&nbsp;858000 | &nbsp;&nbsp;&nbsp;&nbsp;870192 |
| Oaktree Specialty Lending Corp.<br> 6.340%, 02/27/2030 | &nbsp;&nbsp;447000 | &nbsp;&nbsp;&nbsp;&nbsp;448983 |
| PNC Bank NA<br> 4.429%, (4.429% to 7-21-27, then Overnight SOFR + 0.727%), 07/21/2028 | 1066000 | 1071396 |
| Royal Bank of Canada<br> 4.696%, (4.696% to 8-6-30, then Overnight SOFR + 1.060%), 08/06/2031 | &nbsp;&nbsp;912000 | &nbsp;&nbsp;&nbsp;&nbsp;923939 |
| Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;5.439%, (5.439% to 10-3-35, then Overnight SOFR + 1.730%), 10/03/2036 (C) | &nbsp;&nbsp;812000 | &nbsp;&nbsp;&nbsp;&nbsp;809897 |
| &nbsp;&nbsp;&nbsp;7.132%, (7.132% to 1-19-54, then 1 Year CMT + 2.950%), 01/19/2055 (C) | &nbsp;&nbsp;427000 | &nbsp;&nbsp;&nbsp;&nbsp;456233 |
| State Street Corp.<br> 4.729%, 02/28/2030 | 1052000 | 1074907 |
| Sumitomo Life Insurance Company<br> 5.875%, (5.875% to 9-10-35, then 5 Year CMT + 2.651%), 09/10/2055 (C) | &nbsp;&nbsp;891000 | &nbsp;&nbsp;&nbsp;&nbsp;907132 |
| Sumitomo Mitsui Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.660%, (4.660% to 7-8-30, then Overnight SOFR + 1.190%), 07/08/2031 | &nbsp;&nbsp;472000 | &nbsp;&nbsp;&nbsp;&nbsp;477235 |
| &nbsp;&nbsp;&nbsp;4.954%, (4.954% to 7-8-32, then Overnight SOFR + 1.380%), 07/08/2033 | &nbsp;&nbsp;472000 | &nbsp;&nbsp;&nbsp;&nbsp;480390 |
| Sumitomo Mitsui Trust Bank, Ltd.<br> 4.350%, 09/11/2030 (C) | &nbsp;&nbsp;511000 | &nbsp;&nbsp;&nbsp;&nbsp;512259 |
| Sumitomo Mitsui Trust Group, Inc.<br> 5.416%, (5.416% to 9-11-35, then Overnight SOFR + 1.650%), 09/11/2036 (C) | &nbsp;&nbsp;528000 | &nbsp;&nbsp;&nbsp;&nbsp;533987 |
| Synchrony Financial<br> 6.000%, (6.000% to 7-29-35, then Overnight SOFR + 2.070%), 07/29/2036 | &nbsp;&nbsp;398000 | &nbsp;&nbsp;&nbsp;&nbsp;407091 |
| The Bank of New York Mellon Corp.<br> 4.942%, (4.942% to 2-11-30, then Overnight SOFR + 0.887%), 02/11/2031 | &nbsp;&nbsp;743000 | &nbsp;&nbsp;&nbsp;&nbsp;763162 |
| The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.692%, (4.692% to 10-23-29, then Overnight SOFR + 1.135%), 10/23/2030 | &nbsp;&nbsp;787000 | &nbsp;&nbsp;&nbsp;&nbsp;797030 |
| &nbsp;&nbsp;&nbsp;5.049%, (5.049% to 7-23-29, then Overnight SOFR + 1.210%), 07/23/2030 | &nbsp;&nbsp;406000 | &nbsp;&nbsp;&nbsp;&nbsp;416176 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| The Goldman Sachs<br> Group, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.207%, (5.207% to 1-28-30, then Overnight SOFR + 1.078%), 01/28/2031 | $1039000 | $&nbsp;&nbsp;&nbsp;1072542 |
| &nbsp;&nbsp;&nbsp;5.218%, (5.218% to 4-23-30, then Overnight SOFR + 1.580%), 04/23/2031 | 1329000 | &nbsp;&nbsp;&nbsp;1374326 |
| &nbsp;&nbsp;&nbsp;5.330%, (5.330% to 7-23-34, then Overnight SOFR + 1.550%), 07/23/2035 | &nbsp;&nbsp;808000 | &nbsp;&nbsp;&nbsp;&nbsp;831791 |
| &nbsp;&nbsp;&nbsp;5.734%, (5.734% to 1-28-55, then Overnight SOFR + 1.696%), 01/28/2056 | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;383605 |
| The PNC Financial Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.812%, (4.812% to 10-21-31, then Overnight SOFR + 1.259%), 10/21/2032 | &nbsp;&nbsp;603000 | &nbsp;&nbsp;&nbsp;&nbsp;611295 |
| &nbsp;&nbsp;&nbsp;5.373%, (5.373% to 7-21-35, then Overnight SOFR + 1.417%), 07/21/2036 | &nbsp;&nbsp;342000 | &nbsp;&nbsp;&nbsp;&nbsp;351941 |
| Truist Bank<br> 4.420%, (4.420% to 7-24-27, then Overnight SOFR + 0.770%), 07/24/2028 | 1069000 | &nbsp;&nbsp;&nbsp;1073561 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;4.151%, (4.151% to 12-23-28, then Overnight SOFR + 0.840%), 12/23/2029 (C) | 1078000 | &nbsp;&nbsp;&nbsp;1075446 |
| &nbsp;&nbsp;&nbsp;4.398%, (4.398% to 9-23-30, then Overnight SOFR + 1.060%), 09/23/2031 (C) | &nbsp;&nbsp;922000 | &nbsp;&nbsp;&nbsp;&nbsp;918872 |
| &nbsp;&nbsp;&nbsp;5.010%, (5.010% to 3-23-36, then Overnight SOFR + 1.340%), 03/23/2037 (C) | 1448000 | &nbsp;&nbsp;&nbsp;1441019 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;4.078%, (4.078% to 9-15-28, then Overnight SOFR + 0.880%), 09/15/2029 | &nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;737692 |
| &nbsp;&nbsp;&nbsp;4.892%, (4.892% to 9-15-35, then Overnight SOFR + 1.340%), 09/15/2036 | &nbsp;&nbsp;458000 | &nbsp;&nbsp;&nbsp;&nbsp;457085 |
| &nbsp;&nbsp;&nbsp;4.900%, (4.900% to 1-24-27, then Overnight SOFR + 0.780%), 01/24/2028 | &nbsp;&nbsp;573000 | &nbsp;&nbsp;&nbsp;&nbsp;578269 |
| &nbsp;&nbsp;&nbsp;4.970%, (4.970% to 4-23-28, then Overnight SOFR + 1.370%), 04/23/2029 | 1352000 | &nbsp;&nbsp;&nbsp;1377744 |
| &nbsp;&nbsp;&nbsp;5.150%, (5.150% to 4-23-30, then Overnight SOFR + 1.500%), 04/23/2031 | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;458929 |
| &nbsp;&nbsp;&nbsp;5.211%, (5.211% to 12-3-34, then Overnight SOFR + 1.380%), 12/03/2035 | &nbsp;&nbsp;421000 | &nbsp;&nbsp;&nbsp;&nbsp;430153 |
| &nbsp;&nbsp;&nbsp;5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029 | &nbsp;&nbsp;257000 | &nbsp;&nbsp;&nbsp;&nbsp;266342 |
| &nbsp;&nbsp;&nbsp;5.707%, (5.707% to 4-22-27, then Overnight SOFR + 1.070%), 04/22/2028 | &nbsp;&nbsp;409000 | &nbsp;&nbsp;&nbsp;&nbsp;418503 |
| &nbsp;&nbsp;&nbsp;6.303%, (6.303% to 10-23-28, then Overnight SOFR + 1.790%), 10/23/2029 | &nbsp;&nbsp;262000 | &nbsp;&nbsp;&nbsp;&nbsp;277501 |
|  |  | 63475671 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care – 2.4%** |  |  |
| AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 11/21/2029 | $&nbsp;&nbsp;964000 | $&nbsp;&nbsp;&nbsp;&nbsp;930019 |
| &nbsp;&nbsp;&nbsp;4.050%, 11/21/2039 | &nbsp;&nbsp;274000 | &nbsp;&nbsp;&nbsp;&nbsp;245212 |
| &nbsp;&nbsp;&nbsp;4.250%, 11/21/2049 | &nbsp;&nbsp;951000 | &nbsp;&nbsp;&nbsp;&nbsp;801199 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/14/2035 | &nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40233 |
| &nbsp;&nbsp;&nbsp;4.550%, 03/15/2035 | &nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp;111237 |
| &nbsp;&nbsp;&nbsp;4.800%, 03/15/2027 | &nbsp;&nbsp;654000 | &nbsp;&nbsp;&nbsp;&nbsp;661426 |
| &nbsp;&nbsp;&nbsp;4.875%, 03/15/2030 | &nbsp;&nbsp;526000 | &nbsp;&nbsp;&nbsp;&nbsp;541444 |
| &nbsp;&nbsp;&nbsp;4.950%, 03/15/2031 | &nbsp;&nbsp;392000 | &nbsp;&nbsp;&nbsp;&nbsp;405181 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/15/2034 | &nbsp;&nbsp;654000 | &nbsp;&nbsp;&nbsp;&nbsp;672982 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/15/2035 | &nbsp;&nbsp;611000 | &nbsp;&nbsp;&nbsp;&nbsp;632348 |
| &nbsp;&nbsp;&nbsp;5.600%, 03/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61391 |
| Alcon Finance Corp.<br> 5.375%, 12/06/2032 (C) | &nbsp;&nbsp;776000 | &nbsp;&nbsp;&nbsp;&nbsp;809139 |
| Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.600%, 03/02/2043 | &nbsp;&nbsp;377000 | &nbsp;&nbsp;&nbsp;&nbsp;381996 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/02/2053 | &nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp;117698 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.780%, 03/25/2038 | &nbsp;&nbsp;287000 | &nbsp;&nbsp;&nbsp;&nbsp;268987 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/25/2048 | 1162000 | &nbsp;&nbsp;&nbsp;1033875 |
| &nbsp;&nbsp;&nbsp;5.550%, 06/01/2031 | &nbsp;&nbsp;519000 | &nbsp;&nbsp;&nbsp;&nbsp;542872 |
| &nbsp;&nbsp;&nbsp;5.700%, 06/01/2034 | &nbsp;&nbsp;532000 | &nbsp;&nbsp;&nbsp;&nbsp;555166 |
| Eli Lilly & Company |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 08/14/2029 | &nbsp;&nbsp;822000 | &nbsp;&nbsp;&nbsp;&nbsp;827819 |
| &nbsp;&nbsp;&nbsp;4.250%, 03/15/2031 | &nbsp;&nbsp;794000 | &nbsp;&nbsp;&nbsp;&nbsp;794987 |
| &nbsp;&nbsp;&nbsp;4.600%, 08/14/2034 | &nbsp;&nbsp;677000 | &nbsp;&nbsp;&nbsp;&nbsp;679537 |
| &nbsp;&nbsp;&nbsp;4.700%, 02/09/2034 | &nbsp;&nbsp;519000 | &nbsp;&nbsp;&nbsp;&nbsp;524731 |
| &nbsp;&nbsp;&nbsp;4.900%, 02/12/2032 | &nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;205573 |
| &nbsp;&nbsp;&nbsp;5.050%, 08/14/2054 | &nbsp;&nbsp;&nbsp;&nbsp;63000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60100 |
| &nbsp;&nbsp;&nbsp;5.100%, 02/12/2035 | &nbsp;&nbsp;282000 | &nbsp;&nbsp;&nbsp;&nbsp;291721 |
| &nbsp;&nbsp;&nbsp;5.100%, 02/09/2064 | &nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;246538 |
| &nbsp;&nbsp;&nbsp;5.500%, 02/12/2055 | &nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;334007 |
| &nbsp;&nbsp;&nbsp;5.550%, 10/15/2055 | &nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;169745 |
| &nbsp;&nbsp;&nbsp;5.600%, 02/12/2065 | &nbsp;&nbsp;361000 | &nbsp;&nbsp;&nbsp;&nbsp;369615 |
| EMD Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 10/15/2030 (C) | &nbsp;&nbsp;729000 | &nbsp;&nbsp;&nbsp;&nbsp;728911 |
| &nbsp;&nbsp;&nbsp;5.000%, 10/15/2035 (C) | &nbsp;&nbsp;514000 | &nbsp;&nbsp;&nbsp;&nbsp;514174 |
| Gilead Sciences, Inc.<br> 4.000%, 09/01/2036 | &nbsp;&nbsp;264000 | &nbsp;&nbsp;&nbsp;&nbsp;245615 |
| HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 06/15/2049 | &nbsp;&nbsp;336000 | &nbsp;&nbsp;&nbsp;&nbsp;307772 |
| &nbsp;&nbsp;&nbsp;5.500%, 03/01/2032 | &nbsp;&nbsp;896000 | &nbsp;&nbsp;&nbsp;&nbsp;933481 |
| &nbsp;&nbsp;&nbsp;5.900%, 06/01/2053 | &nbsp;&nbsp;196000 | &nbsp;&nbsp;&nbsp;&nbsp;193520 |
| &nbsp;&nbsp;&nbsp;6.200%, 03/01/2055 | &nbsp;&nbsp;531000 | &nbsp;&nbsp;&nbsp;&nbsp;548142 |
| Merck & Company, Inc.<br> 2.350%, 06/24/2040 | &nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp;157291 |
| UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.050%, 05/15/2041 | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92044 |
| &nbsp;&nbsp;&nbsp;5.500%, 07/15/2044 | &nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp;316597 |
| &nbsp;&nbsp;&nbsp;5.625%, 07/15/2054 | &nbsp;&nbsp;844000 | &nbsp;&nbsp;&nbsp;&nbsp;839432 |
| &nbsp;&nbsp;&nbsp;5.875%, 02/15/2053 | &nbsp;&nbsp;666000 | &nbsp;&nbsp;&nbsp;&nbsp;684705 |
|  |  | 18878462 |
| **Industrials – 2.8%** |  |  |
| Carlisle Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 09/15/2035 | &nbsp;&nbsp;339000 | &nbsp;&nbsp;&nbsp;&nbsp;343102 |
| &nbsp;&nbsp;&nbsp;5.550%, 09/15/2040 | &nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;137667 |
| Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 08/16/2029 (D) | &nbsp;&nbsp;293000 | &nbsp;&nbsp;&nbsp;&nbsp;297037 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/14/2027 | &nbsp;&nbsp;786000 | &nbsp;&nbsp;&nbsp;&nbsp;799639 |
| Caterpillar, Inc.<br> 5.200%, 05/15/2035 | &nbsp;&nbsp;861000 | &nbsp;&nbsp;&nbsp;&nbsp;890798 |
| Crowley Conro LLC<br> 4.181%, 08/15/2043 | &nbsp;&nbsp;407885 | &nbsp;&nbsp;&nbsp;&nbsp;373305 |
| Deere & Company |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, 01/16/2035 | 1102000 | &nbsp;&nbsp;&nbsp;1159983 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| Deere & Company (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.700%, 01/19/2055 | $&nbsp;&nbsp;546000 | $&nbsp;&nbsp;&nbsp;&nbsp;574267 |
| Delta Air Lines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 10/20/2028 (C) | &nbsp;&nbsp;851000 | &nbsp;&nbsp;&nbsp;&nbsp;855785 |
| &nbsp;&nbsp;&nbsp;4.950%, 07/10/2028 | 1051000 | &nbsp;&nbsp;&nbsp;1063755 |
| &nbsp;&nbsp;&nbsp;5.250%, 07/10/2030 | 1182000 | &nbsp;&nbsp;&nbsp;1205867 |
| Eaton Capital ULC<br> 4.450%, 05/09/2030 | &nbsp;&nbsp;349000 | &nbsp;&nbsp;&nbsp;&nbsp;352618 |
| Embraer Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 01/09/2038 (B) | &nbsp;&nbsp;403000 | &nbsp;&nbsp;&nbsp;&nbsp;401239 |
| &nbsp;&nbsp;&nbsp;5.980%, 02/11/2035 | &nbsp;&nbsp;682000 | &nbsp;&nbsp;&nbsp;&nbsp;723520 |
| General Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 07/29/2030 | &nbsp;&nbsp;798000 | &nbsp;&nbsp;&nbsp;&nbsp;802740 |
| &nbsp;&nbsp;&nbsp;4.900%, 01/29/2036 | &nbsp;&nbsp;726000 | &nbsp;&nbsp;&nbsp;&nbsp;736115 |
| Howmet Aerospace, Inc.<br> 4.850%, 10/15/2031 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;359113 |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.150%, 09/15/2027 | &nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;517426 |
| &nbsp;&nbsp;&nbsp;4.500%, 01/08/2027 | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;655125 |
| &nbsp;&nbsp;&nbsp;4.650%, 01/07/2028 | &nbsp;&nbsp;458000 | &nbsp;&nbsp;&nbsp;&nbsp;465484 |
| &nbsp;&nbsp;&nbsp;4.850%, 06/11/2029 | &nbsp;&nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87320 |
| &nbsp;&nbsp;&nbsp;5.150%, 09/08/2026 | &nbsp;&nbsp;481000 | &nbsp;&nbsp;&nbsp;&nbsp;487017 |
| Norfolk Southern Corp.<br> 5.100%, 05/01/2035 | &nbsp;&nbsp;456000 | &nbsp;&nbsp;&nbsp;&nbsp;465578 |
| Northrop Grumman Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.650%, 07/15/2030 | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;381417 |
| &nbsp;&nbsp;&nbsp;5.250%, 07/15/2035 | &nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;360224 |
| Siemens Funding BV |  |  |
| &nbsp;&nbsp;&nbsp;4.350%, 05/26/2028 (C) | &nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;863455 |
| &nbsp;&nbsp;&nbsp;4.600%, 05/28/2030 (C) | &nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;580256 |
| &nbsp;&nbsp;&nbsp;4.900%, 05/28/2032 (C) | &nbsp;&nbsp;688000 | &nbsp;&nbsp;&nbsp;&nbsp;705691 |
| &nbsp;&nbsp;&nbsp;5.200%, 05/28/2035 (C) | &nbsp;&nbsp;688000 | &nbsp;&nbsp;&nbsp;&nbsp;713366 |
| &nbsp;&nbsp;&nbsp;5.800%, 05/28/2055 (C) | &nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;373401 |
| The Boeing Company |  |  |
| &nbsp;&nbsp;&nbsp;5.805%, 05/01/2050 | &nbsp;&nbsp;456000 | &nbsp;&nbsp;&nbsp;&nbsp;455573 |
| &nbsp;&nbsp;&nbsp;6.858%, 05/01/2054 | &nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;311412 |
| Uber Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.150%, 01/15/2031 | &nbsp;&nbsp;687000 | &nbsp;&nbsp;&nbsp;&nbsp;680726 |
| &nbsp;&nbsp;&nbsp;4.800%, 09/15/2034 | &nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;666248 |
| &nbsp;&nbsp;&nbsp;4.800%, 09/15/2035 | &nbsp;&nbsp;458000 | &nbsp;&nbsp;&nbsp;&nbsp;453845 |
| &nbsp;&nbsp;&nbsp;5.350%, 09/15/2054 | &nbsp;&nbsp;312000 | &nbsp;&nbsp;&nbsp;&nbsp;302711 |
| Union Pacific Corp.<br> 5.600%, 12/01/2054 | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;208181 |
| United Parcel Service, Inc.<br> 6.050%, 05/14/2065 | &nbsp;&nbsp;521000 | &nbsp;&nbsp;&nbsp;&nbsp;545382 |
| Verisk Analytics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 08/15/2030 | &nbsp;&nbsp;454000 | &nbsp;&nbsp;&nbsp;&nbsp;455363 |
| &nbsp;&nbsp;&nbsp;5.125%, 02/15/2036 | &nbsp;&nbsp;507000 | &nbsp;&nbsp;&nbsp;&nbsp;511689 |
|  |  | 22323440 |
| **Information technology – 2.8%** |  |  |
| Accenture Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 10/04/2031 | 1048000 | &nbsp;&nbsp;&nbsp;1046435 |
| &nbsp;&nbsp;&nbsp;4.500%, 10/04/2034 | &nbsp;&nbsp;577000 | &nbsp;&nbsp;&nbsp;&nbsp;569051 |
| Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.375%, 02/08/2041 | &nbsp;&nbsp;188000 | &nbsp;&nbsp;&nbsp;&nbsp;135149 |
| &nbsp;&nbsp;&nbsp;2.650%, 05/11/2050 | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;131349 |
| &nbsp;&nbsp;&nbsp;2.650%, 02/08/2051 | &nbsp;&nbsp;158000 | &nbsp;&nbsp;&nbsp;&nbsp;100804 |
| &nbsp;&nbsp;&nbsp;3.950%, 08/08/2052 | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;401992 |
| &nbsp;&nbsp;&nbsp;4.000%, 05/12/2028 | &nbsp;&nbsp;394000 | &nbsp;&nbsp;&nbsp;&nbsp;396658 |
| &nbsp;&nbsp;&nbsp;4.200%, 05/12/2030 | &nbsp;&nbsp;678000 | &nbsp;&nbsp;&nbsp;&nbsp;685311 |
| Autodesk, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.400%, 12/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28351 |
| &nbsp;&nbsp;&nbsp;5.300%, 06/15/2035 | &nbsp;&nbsp;339000 | &nbsp;&nbsp;&nbsp;&nbsp;348377 |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.150%, 02/15/2028 | &nbsp;&nbsp;643000 | &nbsp;&nbsp;&nbsp;&nbsp;644677 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Information technology (continued)** |  |  |
| Broadcom, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.550%, 02/15/2032 | $&nbsp;&nbsp;655000 | $&nbsp;&nbsp;&nbsp;&nbsp;659551 |
| &nbsp;&nbsp;&nbsp;4.600%, 07/15/2030 | &nbsp;&nbsp;858000 | &nbsp;&nbsp;&nbsp;&nbsp;870972 |
| &nbsp;&nbsp;&nbsp;4.800%, 10/15/2034 | &nbsp;&nbsp;917000 | &nbsp;&nbsp;&nbsp;&nbsp;923414 |
| &nbsp;&nbsp;&nbsp;4.900%, 07/15/2032 | &nbsp;&nbsp;536000 | &nbsp;&nbsp;&nbsp;&nbsp;548321 |
| &nbsp;&nbsp;&nbsp;4.926%, 05/15/2037 (C) | &nbsp;&nbsp;369000 | &nbsp;&nbsp;&nbsp;&nbsp;368010 |
| &nbsp;&nbsp;&nbsp;5.050%, 07/12/2029 | &nbsp;&nbsp;943000 | &nbsp;&nbsp;&nbsp;&nbsp;971371 |
| &nbsp;&nbsp;&nbsp;5.150%, 11/15/2031 | &nbsp;&nbsp;874000 | &nbsp;&nbsp;&nbsp;&nbsp;908129 |
| &nbsp;&nbsp;&nbsp;5.200%, 07/15/2035 | &nbsp;&nbsp;279000 | &nbsp;&nbsp;&nbsp;&nbsp;287538 |
| Cadence Design Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 09/10/2027 | &nbsp;&nbsp;488000 | &nbsp;&nbsp;&nbsp;&nbsp;490029 |
| &nbsp;&nbsp;&nbsp;4.300%, 09/10/2029 | 1356000 | &nbsp;&nbsp;&nbsp;1364540 |
| &nbsp;&nbsp;&nbsp;4.700%, 09/10/2034 | 1257000 | &nbsp;&nbsp;&nbsp;1254969 |
| Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 01/25/2031 (C) | &nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;420257 |
| &nbsp;&nbsp;&nbsp;5.900%, 01/25/2033 (C) | &nbsp;&nbsp;369000 | &nbsp;&nbsp;&nbsp;&nbsp;389105 |
| Hewlett Packard Enterprise Company<br> 5.600%, 10/15/2054 | &nbsp;&nbsp;281000 | &nbsp;&nbsp;&nbsp;&nbsp;268738 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.800%, 08/12/2041 | &nbsp;&nbsp;222000 | &nbsp;&nbsp;&nbsp;&nbsp;155283 |
| &nbsp;&nbsp;&nbsp;3.250%, 11/15/2049 | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86384 |
| &nbsp;&nbsp;&nbsp;5.625%, 02/10/2043 | &nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;145136 |
| &nbsp;&nbsp;&nbsp;5.900%, 02/10/2063 | &nbsp;&nbsp;194000 | &nbsp;&nbsp;&nbsp;&nbsp;188955 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 07/15/2046 | &nbsp;&nbsp;448000 | &nbsp;&nbsp;&nbsp;&nbsp;348980 |
| &nbsp;&nbsp;&nbsp;4.450%, 09/26/2030 | &nbsp;&nbsp;567000 | &nbsp;&nbsp;&nbsp;&nbsp;566722 |
| &nbsp;&nbsp;&nbsp;4.800%, 09/26/2032 | &nbsp;&nbsp;567000 | &nbsp;&nbsp;&nbsp;&nbsp;567682 |
| &nbsp;&nbsp;&nbsp;5.200%, 09/26/2035 | &nbsp;&nbsp;567000 | &nbsp;&nbsp;&nbsp;&nbsp;570122 |
| &nbsp;&nbsp;&nbsp;5.375%, 09/27/2054 | &nbsp;&nbsp;339000 | &nbsp;&nbsp;&nbsp;&nbsp;311413 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/06/2053 | &nbsp;&nbsp;282000 | &nbsp;&nbsp;&nbsp;&nbsp;266835 |
| &nbsp;&nbsp;&nbsp;5.875%, 09/26/2045 | &nbsp;&nbsp;539000 | &nbsp;&nbsp;&nbsp;&nbsp;540463 |
| &nbsp;&nbsp;&nbsp;5.950%, 09/26/2055 | &nbsp;&nbsp;539000 | &nbsp;&nbsp;&nbsp;&nbsp;537342 |
| &nbsp;&nbsp;&nbsp;6.000%, 08/03/2055 | &nbsp;&nbsp;785000 | &nbsp;&nbsp;&nbsp;&nbsp;788067 |
| &nbsp;&nbsp;&nbsp;6.100%, 09/26/2065 | &nbsp;&nbsp;539000 | &nbsp;&nbsp;&nbsp;&nbsp;538007 |
| Synopsys, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.650%, 04/01/2028 | &nbsp;&nbsp;394000 | &nbsp;&nbsp;&nbsp;&nbsp;398410 |
| &nbsp;&nbsp;&nbsp;4.850%, 04/01/2030 | &nbsp;&nbsp;564000 | &nbsp;&nbsp;&nbsp;&nbsp;574474 |
| &nbsp;&nbsp;&nbsp;5.000%, 04/01/2032 | &nbsp;&nbsp;451000 | &nbsp;&nbsp;&nbsp;&nbsp;460876 |
| &nbsp;&nbsp;&nbsp;5.150%, 04/01/2035 | &nbsp;&nbsp;401000 | &nbsp;&nbsp;&nbsp;&nbsp;407919 |
| &nbsp;&nbsp;&nbsp;5.700%, 04/01/2055 | &nbsp;&nbsp;319000 | &nbsp;&nbsp;&nbsp;&nbsp;321945 |
| Texas Instruments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 03/14/2053 | &nbsp;&nbsp;309000 | &nbsp;&nbsp;&nbsp;&nbsp;290756 |
| &nbsp;&nbsp;&nbsp;5.150%, 02/08/2054 | &nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;251671 |
|  |  | 22530540 |
| **Materials – 0.4%** |  |  |
| Corp. Nacional del Cobre de Chile<br> 6.330%, 01/13/2035 (C) | &nbsp;&nbsp;362000 | &nbsp;&nbsp;&nbsp;&nbsp;385983 |
| CRH SMW Finance DAC<br> 5.125%, 01/09/2030 | &nbsp;&nbsp;446000 | &nbsp;&nbsp;&nbsp;&nbsp;459052 |
| Gerdau Trade, Inc.<br> 5.750%, 06/09/2035 | &nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;429940 |
| Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.634%, 04/04/2034 (C) | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;317430 |
| &nbsp;&nbsp;&nbsp;5.673%, 04/01/2035 (C) | &nbsp;&nbsp;711000 | &nbsp;&nbsp;&nbsp;&nbsp;738965 |
| &nbsp;&nbsp;&nbsp;6.141%, 04/01/2055 (C) | &nbsp;&nbsp;267000 | &nbsp;&nbsp;&nbsp;&nbsp;279123 |
| Suzano Netherlands BV<br> 5.500%, 01/15/2036 | &nbsp;&nbsp;403000 | &nbsp;&nbsp;&nbsp;&nbsp;403403 |
|  |  | &nbsp;&nbsp;&nbsp;3013896 |
| **Real estate – 1.3%** |  |  |
| Agree LP |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/15/2028 | &nbsp;&nbsp;403000 | &nbsp;&nbsp;&nbsp;&nbsp;380223 |
| &nbsp;&nbsp;&nbsp;2.600%, 06/15/2033 | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94129 |
| &nbsp;&nbsp;&nbsp;4.800%, 10/01/2032 | &nbsp;&nbsp;242000 | &nbsp;&nbsp;&nbsp;&nbsp;243645 |
| &nbsp;&nbsp;&nbsp;5.600%, 06/15/2035 | &nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;411804 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Real estate (continued)** |  |  |
| American Homes 4 Rent LP |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 04/15/2032 | $445000 | $&nbsp;&nbsp;&nbsp;&nbsp;416431 |
| &nbsp;&nbsp;&nbsp;4.300%, 04/15/2052 | 199000 | &nbsp;&nbsp;&nbsp;&nbsp;159465 |
| &nbsp;&nbsp;&nbsp;4.950%, 06/15/2030 | 339000 | &nbsp;&nbsp;&nbsp;&nbsp;345177 |
| &nbsp;&nbsp;&nbsp;5.500%, 07/15/2034 | 181000 | &nbsp;&nbsp;&nbsp;&nbsp;186514 |
| Brixmor Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 08/16/2031 | 426000 | &nbsp;&nbsp;&nbsp;&nbsp;378313 |
| &nbsp;&nbsp;&nbsp;4.850%, 02/15/2033 | 188000 | &nbsp;&nbsp;&nbsp;&nbsp;187587 |
| CBRE Services, Inc.<br> 5.500%, 06/15/2035 | 343000 | &nbsp;&nbsp;&nbsp;&nbsp;353294 |
| Crown Castle, Inc.<br> 2.100%, 04/01/2031 | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9631 |
| Essex Portfolio LP |  |  |
| &nbsp;&nbsp;&nbsp;2.550%, 06/15/2031 | 230000 | &nbsp;&nbsp;&nbsp;&nbsp;205945 |
| &nbsp;&nbsp;&nbsp;5.500%, 04/01/2034 | 271000 | &nbsp;&nbsp;&nbsp;&nbsp;281452 |
| Invitation Homes Operating<br> Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 08/15/2031 | &nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66533 |
| &nbsp;&nbsp;&nbsp;4.150%, 04/15/2032 | 443000 | &nbsp;&nbsp;&nbsp;&nbsp;428263 |
| &nbsp;&nbsp;&nbsp;4.875%, 02/01/2035 | 393000 | &nbsp;&nbsp;&nbsp;&nbsp;388089 |
| &nbsp;&nbsp;&nbsp;4.950%, 01/15/2033 | 451000 | &nbsp;&nbsp;&nbsp;&nbsp;453188 |
| Kimco Realty OP LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.850%, 03/01/2035 | 354000 | &nbsp;&nbsp;&nbsp;&nbsp;351784 |
| &nbsp;&nbsp;&nbsp;5.300%, 02/01/2036 | 407000 | &nbsp;&nbsp;&nbsp;&nbsp;416045 |
| Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.100%, 03/15/2028 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;238516 |
| &nbsp;&nbsp;&nbsp;2.850%, 12/15/2032 | 322000 | &nbsp;&nbsp;&nbsp;&nbsp;287340 |
| &nbsp;&nbsp;&nbsp;3.400%, 01/15/2030 | 267000 | &nbsp;&nbsp;&nbsp;&nbsp;258482 |
| &nbsp;&nbsp;&nbsp;3.950%, 02/01/2029 (B) | 405000 | &nbsp;&nbsp;&nbsp;&nbsp;402993 |
| &nbsp;&nbsp;&nbsp;4.500%, 02/01/2033 (B) | 345000 | &nbsp;&nbsp;&nbsp;&nbsp;341229 |
| &nbsp;&nbsp;&nbsp;4.900%, 07/15/2033 | 383000 | &nbsp;&nbsp;&nbsp;&nbsp;388158 |
| Regency Centers LP |  |  |
| &nbsp;&nbsp;&nbsp;2.950%, 09/15/2029 | 609000 | &nbsp;&nbsp;&nbsp;&nbsp;581474 |
| &nbsp;&nbsp;&nbsp;5.000%, 07/15/2032 | 384000 | &nbsp;&nbsp;&nbsp;&nbsp;392844 |
| &nbsp;&nbsp;&nbsp;5.250%, 01/15/2034 | 522000 | &nbsp;&nbsp;&nbsp;&nbsp;536488 |
| Store Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.700%, 12/01/2031 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;135693 |
| &nbsp;&nbsp;&nbsp;2.750%, 11/18/2030 | 394000 | &nbsp;&nbsp;&nbsp;&nbsp;358155 |
| Sun Communities Operating LP<br> 4.200%, 04/15/2032 | 489000 | &nbsp;&nbsp;&nbsp;&nbsp;473745 |
|  |  | 10152629 |
| **Utilities – 3.0%** |  |  |
| Alabama Power Company<br> 5.100%, 04/02/2035 | 366000 | &nbsp;&nbsp;&nbsp;&nbsp;374021 |
| American Transmission Systems, Inc.<br> 2.650%, 01/15/2032 (C) | 161000 | &nbsp;&nbsp;&nbsp;&nbsp;144443 |
| Arizona Public Service Company<br> 5.900%, 08/15/2055 | 451000 | &nbsp;&nbsp;&nbsp;&nbsp;461823 |
| Baltimore Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 06/15/2031 | 345000 | &nbsp;&nbsp;&nbsp;&nbsp;308856 |
| &nbsp;&nbsp;&nbsp;5.450%, 06/01/2035 | 453000 | &nbsp;&nbsp;&nbsp;&nbsp;470544 |
| CenterPoint Energy Houston<br> Electric LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.600%, 03/01/2052 | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;189309 |
| &nbsp;&nbsp;&nbsp;4.950%, 08/15/2035 | 546000 | &nbsp;&nbsp;&nbsp;&nbsp;544021 |
| Chile Electricity Lux MPC II Sarl |  |  |
| &nbsp;&nbsp;&nbsp;5.580%, 10/20/2035 (C) | 336262 | &nbsp;&nbsp;&nbsp;&nbsp;347284 |
| &nbsp;&nbsp;&nbsp;5.672%, 10/20/2035 (C) | 528000 | &nbsp;&nbsp;&nbsp;&nbsp;544156 |
| Consolidated Edison Company of New<br> York, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 12/01/2051 | &nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52144 |
| &nbsp;&nbsp;&nbsp;3.700%, 11/15/2059 | 131000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93804 |
| Consumers Energy Company |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 01/15/2031 | 678000 | &nbsp;&nbsp;&nbsp;&nbsp;684928 |
| &nbsp;&nbsp;&nbsp;5.050%, 05/15/2035 | 501000 | &nbsp;&nbsp;&nbsp;&nbsp;509689 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| DTE Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;2.950%, 03/01/2050 | $402000 | $270982 |
| &nbsp;&nbsp;&nbsp;3.650%, 03/01/2052 | 184000 | 137596 |
| &nbsp;&nbsp;&nbsp;5.250%, 05/15/2035 | 237000 | 243850 |
| Duke Energy Carolinas LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.550%, 04/15/2031 | 157000 | 143725 |
| &nbsp;&nbsp;&nbsp;2.850%, 03/15/2032 | 428000 | 390122 |
| &nbsp;&nbsp;&nbsp;3.550%, 03/15/2052 | 312000 | 229673 |
| &nbsp;&nbsp;&nbsp;5.250%, 03/15/2035 | 376000 | 389090 |
| &nbsp;&nbsp;&nbsp;5.350%, 01/15/2053 | 302000 | 296202 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 06/15/2051 | 214000 | 150791 |
| &nbsp;&nbsp;&nbsp;4.950%, 09/15/2035 | 806000 | 800711 |
| Duke Energy Florida LLC<br> 2.400%, 12/15/2031 | 344000 | 309218 |
| Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 08/15/2050 | 348000 | 208592 |
| &nbsp;&nbsp;&nbsp;3.700%, 10/15/2046 | &nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;60343 |
| Entergy Arkansas LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.650%, 06/15/2051 | 310000 | 187458 |
| &nbsp;&nbsp;&nbsp;5.150%, 01/15/2033 | 517000 | 534602 |
| Entergy Mississippi LLC<br> 5.800%, 04/15/2055 | 337000 | 345238 |
| Exelon Corp.<br> 5.875%, 03/15/2055 | 519000 | 528005 |
| FirstEnergy Pennsylvania<br> Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 03/15/2028 (C) | 336000 | 327896 |
| &nbsp;&nbsp;&nbsp;4.300%, 01/15/2029 (C) | 405000 | 405589 |
| &nbsp;&nbsp;&nbsp;5.200%, 04/01/2028 (C) | 265000 | 270987 |
| Georgia Power Company |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 10/01/2028 | 618000 | 617989 |
| &nbsp;&nbsp;&nbsp;4.850%, 03/15/2031 | 249000 | 255670 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/15/2035 | 135000 | 138339 |
| Jersey Central Power & Light Company |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 03/01/2032 (C) | 379000 | 338869 |
| &nbsp;&nbsp;&nbsp;4.150%, 01/15/2029 (C) | 369000 | 368531 |
| &nbsp;&nbsp;&nbsp;4.400%, 01/15/2031 (C) | 616000 | 613826 |
| &nbsp;&nbsp;&nbsp;5.100%, 01/15/2035 | 307000 | 311137 |
| MidAmerican Energy Company<br> 2.700%, 08/01/2052 | 299000 | 187965 |
| Mississippi Power Company |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 07/30/2051 | 413000 | 278584 |
| &nbsp;&nbsp;&nbsp;4.250%, 03/15/2042 | 175000 | 152405 |
| Northern States Power Company |  |  |
| &nbsp;&nbsp;&nbsp;5.050%, 05/15/2035 | 565000 | 576250 |
| &nbsp;&nbsp;&nbsp;5.400%, 03/15/2054 | 209000 | 207202 |
| &nbsp;&nbsp;&nbsp;5.650%, 06/15/2054 | 226000 | 233138 |
| NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.734%, 10/15/2030 (C) | 540000 | 539829 |
| &nbsp;&nbsp;&nbsp;5.407%, 10/15/2035 (C) | 270000 | 270918 |
| NSTAR Electric Company<br> 5.400%, 06/01/2034 | 398000 | 414308 |
| Ohio Edison Company<br> 4.950%, 12/15/2029 (C) | 339000 | 346415 |
| Oncor Electric Delivery Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.350%, 04/01/2035 (C) | 317000 | 327872 |
| &nbsp;&nbsp;&nbsp;5.800%, 04/01/2055 (C) | 370000 | 380544 |
| Pacific Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 08/01/2050 | 131000 | &nbsp;&nbsp;&nbsp;89369 |
| &nbsp;&nbsp;&nbsp;3.950%, 12/01/2047 | 842000 | 629268 |
| &nbsp;&nbsp;&nbsp;4.200%, 06/01/2041 | 200000 | 163774 |
| &nbsp;&nbsp;&nbsp;4.950%, 07/01/2050 | 985000 | 845412 |
| &nbsp;&nbsp;&nbsp;5.050%, 10/15/2032 | 579000 | 577900 |
| &nbsp;&nbsp;&nbsp;6.100%, 10/15/2055 | 371000 | 370481 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| PECO Energy Company<br> 2.850%, 09/15/2051 | 416000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267351 |
| PPL Capital Funding, Inc.<br> 5.250%, 09/01/2034 | 240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245461 |
| Public Service Company of Oklahoma<br> 3.150%, 08/15/2051 | 233000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152023 |
| Public Service Electric & Gas Company |  |  |
| &nbsp;&nbsp;&nbsp;1.900%, 08/15/2031 | 592000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519194 |
| &nbsp;&nbsp;&nbsp;2.050%, 08/01/2050 | &nbsp;&nbsp;96000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52059 |
| &nbsp;&nbsp;&nbsp;2.700%, 05/01/2050 | 161000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101716 |
| &nbsp;&nbsp;&nbsp;4.900%, 08/15/2035 | 454000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457522 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/01/2035 | 398000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405946 |
| &nbsp;&nbsp;&nbsp;5.500%, 03/01/2055 | 158000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158695 |
| Sempra<br> 6.550%, (6.550% to 4-1-35, then 5 Year CMT + 2.138%), 04/01/2055 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76640 |
| Southern California Edison Company<br> 4.125%, 03/01/2048 | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198655 |
| Trans-Allegheny Interstate Line Company<br> 5.000%, 01/15/2031 (C) | 491000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503423 |
| Virginia Electric & Power Company<br> 2.950%, 11/15/2051 | 345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220633 |
| Wisconsin Electric Power Company<br> 4.150%, 10/15/2030 | 495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492909 |
|  |  | &nbsp;&nbsp;&nbsp;24043914 |
| TOTAL CORPORATE BONDS (Cost $203,786,947) |  | $204723259 |
| **MUNICIPAL BONDS – 0.1%** |  |  |
| Board of Regents of the University of Texas System<br> 2.439%, 08/15/2049 | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134515 |
| North Texas Tollway Authority<br> 6.718%, 01/01/2049 | 343000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382068 |
| Ohio State University<br> 4.800%, 06/01/2111 | &nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34924 |
| Port Authority of New York & New Jersey<br> 4.458%, 10/01/2062 | 571000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487328 |
| TOTAL MUNICIPAL BONDS (Cost $1,389,280) | TOTAL MUNICIPAL BONDS (Cost $1,389,280) | $&nbsp;&nbsp;&nbsp;&nbsp;1038835 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 14.3%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 14.3%** |  |
| **Commercial and residential – 1.6%** |  |  |
| Angel Oak Mortgage Trust LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2, Class A1A,<br> 2.531%, 01/26/2065 (C)(E) | &nbsp;&nbsp;84103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79971 |
| &nbsp;&nbsp;&nbsp;Series 2020-5, Class A1,<br> 1.373%, 05/25/2065 (C)(E) | &nbsp;&nbsp;37127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35651 |
| &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1,<br> 1.458%, 09/25/2066 (C)(E) | 381515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324554 |
| BANK<br> Series 2022-BNK44, Class A5<br> 5.935%, 11/15/2055 (E) | 302000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319667 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-C2, Class ASB,<br> 4.236%, 12/15/2051 | 122311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122513 |
| &nbsp;&nbsp;&nbsp;Series 2022-C17, Class A5,<br> 4.441%, 09/15/2055 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591129 |
| &nbsp;&nbsp;&nbsp;Series 2025-5C33, Class A4,<br> 5.839%, 03/15/2058 | 756000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796721 |
| &nbsp;&nbsp;&nbsp;Series 2025-5C37, Class A3,<br> 5.015%, 09/15/2058 | 510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521391 |
| &nbsp;&nbsp;&nbsp;Series 2025-C35, Class A5,<br> 5.586%, 07/15/2058 (E) | 189000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199391 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Benchmark Mortgage Trust<br> Series 2021-B25, Class A4<br> 2.268%, 04/15/2054 | $&nbsp;&nbsp;250000 | $&nbsp;&nbsp;&nbsp;&nbsp;227177 |
| BMO Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-5C10, Class A3,<br> 5.578%, 05/15/2058 | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;390965 |
| &nbsp;&nbsp;&nbsp;Series 2025-C11, Class A5,<br> 5.687%, 02/15/2058 | &nbsp;&nbsp;376000 | &nbsp;&nbsp;&nbsp;&nbsp;398753 |
| &nbsp;&nbsp;&nbsp;Series 2025-C12, Class A5,<br> 5.871%, 06/15/2058 (E) | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;268384 |
| Bunker Hill Loan Depositary Trust<br> Series 2019-2, Class A1<br> 2.879%, 07/25/2049 (C) | &nbsp;&nbsp;122648 | &nbsp;&nbsp;&nbsp;&nbsp;120242 |
| BX Commercial Mortgage Trust<br> Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%)<br> 4.965%, 09/15/2036 (A)(C) | 1622787 | 1617716 |
| BX Trust<br> Series 2025-VLT7, Class A (1 month CME Term SOFR + 1.700%)<br> 5.850%, 07/15/2044 (A)(C) | &nbsp;&nbsp;479000 | &nbsp;&nbsp;&nbsp;&nbsp;480198 |
| COLT Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.924%, 08/25/2066 (C)(E) | &nbsp;&nbsp;490505 | &nbsp;&nbsp;&nbsp;&nbsp;415801 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 1.397%, 10/25/2066 (C)(E) | &nbsp;&nbsp;534485 | &nbsp;&nbsp;&nbsp;&nbsp;458088 |
| GS Mortgage Securities Trust<br> Series 2020-GSA2, Class A4<br> 1.721%, 12/12/2053 | &nbsp;&nbsp;995000 | &nbsp;&nbsp;&nbsp;&nbsp;889690 |
| JPMorgan Chase Commercial Mortgage Securities Trust<br> Series 2016-JP4, Class A3<br> 3.393%, 12/15/2049 | &nbsp;&nbsp;139000 | &nbsp;&nbsp;&nbsp;&nbsp;137714 |
| MFA Trust<br> Series 2021-NQM2, Class A1<br> 1.029%, 11/25/2064 (C)(E) | &nbsp;&nbsp;190573 | &nbsp;&nbsp;&nbsp;&nbsp;168594 |
| Morgan Stanley Bank of America Merrill Lynch Trust<br> Series 2025-5C1, Class A3<br> 5.635%, 03/15/2058 | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;182938 |
| Morgan Stanley Capital I Trust<br> Series 2020-HR8, Class A3<br> 1.790%, 07/15/2053 | &nbsp;&nbsp;372479 | &nbsp;&nbsp;&nbsp;&nbsp;332421 |
| New Residential Mortgage Loan Trust<br> Series 2019-NQM4, Class A1<br> 2.492%, 09/25/2059 (C)(E) | &nbsp;&nbsp;&nbsp;&nbsp;83805 | &nbsp;&nbsp;&nbsp;&nbsp;80527 |
| Starwood Mortgage Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-3, Class A1,<br> 1.486%, 04/25/2065 (C)(E) | &nbsp;&nbsp;&nbsp;&nbsp;88421 | &nbsp;&nbsp;&nbsp;&nbsp;86227 |
| &nbsp;&nbsp;&nbsp;Series 2020-INV1, Class A1,<br> 1.027%, 11/25/2055 (C)(E) | &nbsp;&nbsp;&nbsp;&nbsp;77848 | &nbsp;&nbsp;&nbsp;&nbsp;74027 |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 1.219%, 05/25/2065 (C)(E) | &nbsp;&nbsp;134898 | &nbsp;&nbsp;&nbsp;&nbsp;126703 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 1.162%, 08/25/2056 (C)(E) | &nbsp;&nbsp;435975 | &nbsp;&nbsp;&nbsp;&nbsp;388163 |
| SWCH Commercial Mortgage Trust<br> Series 2025-DATA, Class A (1 month CME Term SOFR + 1.443%)<br> 5.593%, 02/15/2042 (A)(C) | &nbsp;&nbsp;649000 | &nbsp;&nbsp;&nbsp;&nbsp;645552 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 0.815%, 01/25/2066 (C)(E) | &nbsp;&nbsp;193989 | &nbsp;&nbsp;&nbsp;&nbsp;174440 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Verus Securitization Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 1.031%, 02/25/2066 (C)(E) | $382386 | $&nbsp;&nbsp;&nbsp;&nbsp;341813 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1,<br> 1.046%, 06/25/2066 (C)(E) | 343924 | &nbsp;&nbsp;&nbsp;&nbsp;302504 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 0.938%, 07/25/2066 (C)(E) | 438051 | &nbsp;&nbsp;&nbsp;&nbsp;372378 |
| &nbsp;&nbsp;&nbsp;Series 2021-8, Class A1,<br> 1.824%, 11/25/2066 (C)(E) | 444645 | &nbsp;&nbsp;&nbsp;&nbsp;411549 |
| &nbsp;&nbsp;&nbsp;Series 2021-R1, Class A1,<br> 0.820%, 10/25/2063 (C)(E) | &nbsp;&nbsp;93699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90160 |
| &nbsp;&nbsp;&nbsp;Series 2021-R3, Class A1,<br> 1.020%, 04/25/2064 (C)(E) | 156949 | &nbsp;&nbsp;&nbsp;&nbsp;149579 |
| Wells Fargo Commercial Mortgage Trust<br> Series 2025-C64, Class A5<br> 5.645%, 02/15/2058 | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;133331 |
|  |  | 12456622 |
| **U.S. Government Agency – 12.7%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series 264, Class 30,<br> 3.000%, 07/15/2042 | 776389 | &nbsp;&nbsp;&nbsp;&nbsp;716847 |
| &nbsp;&nbsp;&nbsp;Series 326, Class F2 (30 day Average SOFR + 0.664%),<br> 5.037%, 03/15/2044 (A) | 278795 | &nbsp;&nbsp;&nbsp;&nbsp;277929 |
| &nbsp;&nbsp;&nbsp;Series 3693, Class FC (30 day Average SOFR + 0.614%),<br> 4.987%, 07/15/2040 (A) | 179896 | &nbsp;&nbsp;&nbsp;&nbsp;178634 |
| &nbsp;&nbsp;&nbsp;Series 3919, Class FA (30 day Average SOFR + 0.614%),<br> 4.987%, 09/15/2041 (A) | 173804 | &nbsp;&nbsp;&nbsp;&nbsp;172440 |
| &nbsp;&nbsp;&nbsp;Series 3958, Class AF (30 day Average SOFR + 0.564%),<br> 4.937%, 11/15/2041 (A) | 162961 | &nbsp;&nbsp;&nbsp;&nbsp;161438 |
| &nbsp;&nbsp;&nbsp;Series 3975, Class FA (30 day Average SOFR + 0.604%),<br> 4.977%, 12/15/2041 (A) | 150151 | &nbsp;&nbsp;&nbsp;&nbsp;149073 |
| &nbsp;&nbsp;&nbsp;Series 3990, Class FG (30 day Average SOFR + 0.564%),<br> 4.937%, 01/15/2042 (A) | 186723 | &nbsp;&nbsp;&nbsp;&nbsp;185064 |
| &nbsp;&nbsp;&nbsp;Series 4059, Class FP (30 day Average SOFR + 0.564%),<br> 4.937%, 06/15/2042 (A) | 219895 | &nbsp;&nbsp;&nbsp;&nbsp;217599 |
| &nbsp;&nbsp;&nbsp;Series 4091, Class BX,<br> 3.250%, 10/15/2041 | 367913 | &nbsp;&nbsp;&nbsp;&nbsp;348505 |
| &nbsp;&nbsp;&nbsp;Series 4091, Class EX,<br> 3.375%, 07/15/2042 | 236534 | &nbsp;&nbsp;&nbsp;&nbsp;223451 |
| &nbsp;&nbsp;&nbsp;Series 4091, Class FN (30 day Average SOFR + 0.514%),<br> 4.887%, 08/15/2042 (A) | 214478 | &nbsp;&nbsp;&nbsp;&nbsp;211360 |
| &nbsp;&nbsp;&nbsp;Series 4091, Class MX,<br> 3.250%, 02/15/2042 | 276311 | &nbsp;&nbsp;&nbsp;&nbsp;259821 |
| &nbsp;&nbsp;&nbsp;Series 4117, Class HB,<br> 2.500%, 10/15/2042 | 240562 | &nbsp;&nbsp;&nbsp;&nbsp;217144 |
| &nbsp;&nbsp;&nbsp;Series 4160, Class HP,<br> 2.500%, 01/15/2033 | 223576 | &nbsp;&nbsp;&nbsp;&nbsp;215297 |
| &nbsp;&nbsp;&nbsp;Series 4184, Class FN (30 day Average SOFR + 0.464%),<br> 4.837%, 03/15/2043 (A) | 127625 | &nbsp;&nbsp;&nbsp;&nbsp;125607 |
| &nbsp;&nbsp;&nbsp;Series 4205, Class PA,<br> 1.750%, 05/15/2043 | 247126 | &nbsp;&nbsp;&nbsp;&nbsp;216670 |
| &nbsp;&nbsp;&nbsp;Series 4240, Class FA (30 day Average SOFR + 0.614%),<br> 4.987%, 08/15/2043 (A) | 662311 | &nbsp;&nbsp;&nbsp;&nbsp;652040 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 4281, Class FA (30 day Average SOFR + 0.514%),<br> 4.887%, 12/15/2043 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;99926 | $&nbsp;&nbsp;&nbsp;&nbsp;98989 |
| &nbsp;&nbsp;&nbsp;Series 4303, Class FA (30 day Average SOFR + 0.464%),<br> 4.837%, 02/15/2044 (A) | &nbsp;&nbsp;180864 | &nbsp;&nbsp;&nbsp;&nbsp;178207 |
| &nbsp;&nbsp;&nbsp;Series 4427, Class CE,<br> 3.000%, 02/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;51685 | &nbsp;&nbsp;&nbsp;&nbsp;51149 |
| &nbsp;&nbsp;&nbsp;Series 4446, Class CP,<br> 2.250%, 03/15/2045 | &nbsp;&nbsp;302940 | &nbsp;&nbsp;&nbsp;&nbsp;273031 |
| &nbsp;&nbsp;&nbsp;Series 4582, Class HA,<br> 3.000%, 09/15/2045 | 1134433 | 1072718 |
| &nbsp;&nbsp;&nbsp;Series 4587, Class AF (30 day Average SOFR + 0.464%),<br> 4.837%, 06/15/2046 (A) | &nbsp;&nbsp;308079 | &nbsp;&nbsp;&nbsp;&nbsp;305852 |
| &nbsp;&nbsp;&nbsp;Series 4604, Class FB (30 day Average SOFR + 0.514%),<br> 4.887%, 08/15/2046 (A) | &nbsp;&nbsp;595434 | &nbsp;&nbsp;&nbsp;&nbsp;589601 |
| &nbsp;&nbsp;&nbsp;Series 4611, Class BF (30 day Average SOFR + 0.514%),<br> 4.887%, 06/15/2041 (A) | 2269036 | 2243696 |
| &nbsp;&nbsp;&nbsp;Series 4620, Class LF (30 day Average SOFR + 0.514%),<br> 4.887%, 10/15/2046 (A) | &nbsp;&nbsp;321181 | &nbsp;&nbsp;&nbsp;&nbsp;318341 |
| &nbsp;&nbsp;&nbsp;Series 4628, Class KF (30 day Average SOFR + 0.614%),<br> 4.987%, 01/15/2055 (A) | &nbsp;&nbsp;360741 | &nbsp;&nbsp;&nbsp;&nbsp;350808 |
| &nbsp;&nbsp;&nbsp;Series 4709, Class FA (30 day Average SOFR + 0.414%),<br> 4.787%, 08/15/2047 (A) | &nbsp;&nbsp;238439 | &nbsp;&nbsp;&nbsp;&nbsp;235104 |
| &nbsp;&nbsp;&nbsp;Series 4719, Class LA,<br> 3.500%, 09/15/2047 | &nbsp;&nbsp;334301 | &nbsp;&nbsp;&nbsp;&nbsp;314206 |
| &nbsp;&nbsp;&nbsp;Series 4719, Class LM,<br> 3.000%, 09/15/2047 | &nbsp;&nbsp;258296 | &nbsp;&nbsp;&nbsp;&nbsp;235259 |
| &nbsp;&nbsp;&nbsp;Series 4742, Class PA,<br> 3.000%, 10/15/2047 | &nbsp;&nbsp;665394 | &nbsp;&nbsp;&nbsp;&nbsp;612368 |
| &nbsp;&nbsp;&nbsp;Series 4753, Class BD,<br> 3.000%, 01/15/2048 | &nbsp;&nbsp;281534 | &nbsp;&nbsp;&nbsp;&nbsp;254374 |
| &nbsp;&nbsp;&nbsp;Series 4826, Class KF (30 day Average SOFR + 0.414%),<br> 4.787%, 09/15/2048 (A) | &nbsp;&nbsp;218399 | &nbsp;&nbsp;&nbsp;&nbsp;213115 |
| &nbsp;&nbsp;&nbsp;Series 4854, Class FB (30 day Average SOFR + 0.414%),<br> 4.787%, 01/15/2049 (A) | &nbsp;&nbsp;604049 | &nbsp;&nbsp;&nbsp;&nbsp;596915 |
| &nbsp;&nbsp;&nbsp;Series 4857, Class JA,<br> 3.350%, 01/15/2049 | &nbsp;&nbsp;952558 | &nbsp;&nbsp;&nbsp;&nbsp;917970 |
| &nbsp;&nbsp;&nbsp;Series 4880, Class DA,<br> 3.000%, 05/15/2050 | &nbsp;&nbsp;527284 | &nbsp;&nbsp;&nbsp;&nbsp;490018 |
| &nbsp;&nbsp;&nbsp;Series 4903, Class NF (30 day Average SOFR + 0.514%),<br> 4.871%, 08/25/2049 (A) | &nbsp;&nbsp;198727 | &nbsp;&nbsp;&nbsp;&nbsp;194825 |
| &nbsp;&nbsp;&nbsp;Series 4927, Class BG,<br> 3.000%, 11/25/2049 | &nbsp;&nbsp;449372 | &nbsp;&nbsp;&nbsp;&nbsp;415576 |
| &nbsp;&nbsp;&nbsp;Series 4937, Class MD,<br> 2.500%, 10/25/2049 | &nbsp;&nbsp;437914 | &nbsp;&nbsp;&nbsp;&nbsp;390539 |
| &nbsp;&nbsp;&nbsp;Series 4940, Class AG,<br> 3.000%, 05/15/2040 | &nbsp;&nbsp;274034 | &nbsp;&nbsp;&nbsp;&nbsp;261079 |
| &nbsp;&nbsp;&nbsp;Series 4941, Class GA,<br> 2.000%, 12/15/2047 | &nbsp;&nbsp;253570 | &nbsp;&nbsp;&nbsp;&nbsp;214467 |
| &nbsp;&nbsp;&nbsp;Series 4954, Class LB,<br> 2.500%, 02/25/2050 | &nbsp;&nbsp;268262 | &nbsp;&nbsp;&nbsp;&nbsp;237661 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 4957, Class MY,<br> 3.000%, 02/25/2050 | $&nbsp;&nbsp;317000 | $&nbsp;&nbsp;&nbsp;&nbsp;266680 |
| &nbsp;&nbsp;&nbsp;Series 4988, Class KF (30 day Average SOFR + 0.464%),<br> 4.821%, 07/25/2050 (A) | &nbsp;&nbsp;340333 | &nbsp;&nbsp;&nbsp;&nbsp;336420 |
| &nbsp;&nbsp;&nbsp;Series 4993, Class KF (30 day Average SOFR + 0.564%),<br> 4.921%, 07/25/2050 (A) | 2042415 | 1975686 |
| &nbsp;&nbsp;&nbsp;Series 5004, Class FM (30 day Average SOFR + 0.464%),<br> 4.821%, 08/25/2050 (A) | &nbsp;&nbsp;406546 | &nbsp;&nbsp;&nbsp;&nbsp;390038 |
| &nbsp;&nbsp;&nbsp;Series 5020, Class ET,<br> 3.500%, 10/25/2050 | &nbsp;&nbsp;391917 | &nbsp;&nbsp;&nbsp;&nbsp;361481 |
| &nbsp;&nbsp;&nbsp;Series 5058, Class BC,<br> 5.000%, 11/25/2050 | &nbsp;&nbsp;286840 | &nbsp;&nbsp;&nbsp;&nbsp;284324 |
| &nbsp;&nbsp;&nbsp;Series 5091, Class AB,<br> 1.500%, 03/25/2051 | &nbsp;&nbsp;776555 | &nbsp;&nbsp;&nbsp;&nbsp;638413 |
| &nbsp;&nbsp;&nbsp;Series 5092, Class HE,<br> 2.000%, 02/25/2051 | &nbsp;&nbsp;470536 | &nbsp;&nbsp;&nbsp;&nbsp;398997 |
| &nbsp;&nbsp;&nbsp;Series 5116, Class PB,<br> 2.250%, 02/25/2051 | &nbsp;&nbsp;485267 | &nbsp;&nbsp;&nbsp;&nbsp;426581 |
| &nbsp;&nbsp;&nbsp;Series 5118, Class CA,<br> 1.500%, 10/15/2033 | &nbsp;&nbsp;460426 | &nbsp;&nbsp;&nbsp;&nbsp;427950 |
| &nbsp;&nbsp;&nbsp;Series 5119, Class QF (30 day Average SOFR + 0.200%),<br> 4.556%, 06/25/2051 (A) | &nbsp;&nbsp;605943 | &nbsp;&nbsp;&nbsp;&nbsp;570389 |
| &nbsp;&nbsp;&nbsp;Series 5178, Class TP,<br> 2.500%, 04/25/2049 | &nbsp;&nbsp;635417 | &nbsp;&nbsp;&nbsp;&nbsp;568249 |
| &nbsp;&nbsp;&nbsp;Series 5182, Class M,<br> 2.500%, 05/25/2049 | &nbsp;&nbsp;375026 | &nbsp;&nbsp;&nbsp;&nbsp;336234 |
| &nbsp;&nbsp;&nbsp;Series 5201, Class CA,<br> 2.500%, 07/25/2048 | &nbsp;&nbsp;539945 | &nbsp;&nbsp;&nbsp;&nbsp;496450 |
| &nbsp;&nbsp;&nbsp;Series 5202, Class BH,<br> 2.000%, 12/25/2047 | &nbsp;&nbsp;276251 | &nbsp;&nbsp;&nbsp;&nbsp;254720 |
| &nbsp;&nbsp;&nbsp;Series 5202, Class KA,<br> 2.500%, 06/25/2049 | &nbsp;&nbsp;421705 | &nbsp;&nbsp;&nbsp;&nbsp;380361 |
| &nbsp;&nbsp;&nbsp;Series 5202, Class TA,<br> 2.500%, 12/25/2048 | &nbsp;&nbsp;807352 | &nbsp;&nbsp;&nbsp;&nbsp;744437 |
| &nbsp;&nbsp;&nbsp;Series 5207, Class PA,<br> 3.000%, 06/25/2051 | &nbsp;&nbsp;612188 | &nbsp;&nbsp;&nbsp;&nbsp;552708 |
| &nbsp;&nbsp;&nbsp;Series 5210, Class DC,<br> 3.000%, 09/25/2051 | &nbsp;&nbsp;418219 | &nbsp;&nbsp;&nbsp;&nbsp;392921 |
| &nbsp;&nbsp;&nbsp;Series 5217, Class CD,<br> 2.500%, 07/25/2049 | &nbsp;&nbsp;434703 | &nbsp;&nbsp;&nbsp;&nbsp;408545 |
| &nbsp;&nbsp;&nbsp;Series 5220, Class QK,<br> 3.500%, 09/25/2050 | &nbsp;&nbsp;854262 | &nbsp;&nbsp;&nbsp;&nbsp;819107 |
| &nbsp;&nbsp;&nbsp;Series 5228, Class TN,<br> 3.500%, 07/25/2039 | &nbsp;&nbsp;301708 | &nbsp;&nbsp;&nbsp;&nbsp;291367 |
| &nbsp;&nbsp;&nbsp;Series 5335, Class FB (30 day Average SOFR + 0.814%),<br> 5.187%, 10/15/2039 (A) | &nbsp;&nbsp;784495 | &nbsp;&nbsp;&nbsp;&nbsp;786641 |
| &nbsp;&nbsp;&nbsp;Series 5396, Class HF (30 day Average SOFR + 0.950%),<br> 5.306%, 04/25/2054 (A) | 1080895 | 1084925 |
| &nbsp;&nbsp;&nbsp;Series 5399, Class FB (30 day Average SOFR + 0.900%),<br> 5.256%, 04/25/2054 (A) | &nbsp;&nbsp;628341 | &nbsp;&nbsp;&nbsp;&nbsp;627381 |
| &nbsp;&nbsp;&nbsp;Series 5410, Class JY,<br> 3.000%, 03/15/2044 | &nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;&nbsp;424061 |
| &nbsp;&nbsp;&nbsp;Series 5451, Class FD (30 day Average SOFR + 0.514%),<br> 4.887%, 01/15/2044 (A) | &nbsp;&nbsp;349045 | &nbsp;&nbsp;&nbsp;&nbsp;344452 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5452, Class KY,<br> 3.000%, 03/15/2044 | $519000 | $451121 |
| &nbsp;&nbsp;&nbsp;Series 5529, Class HA,<br> 3.000%, 03/15/2043 | 280873 | 266846 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2010-107, Class FB (30 day Average SOFR + 0.524%),<br> 4.881%, 09/25/2040 (A) | 166872 | 165365 |
| &nbsp;&nbsp;&nbsp;Series 2011-111, Class DB,<br> 4.000%, 11/25/2041 | 374392 | 363720 |
| &nbsp;&nbsp;&nbsp;Series 2011-117, Class AF (30 day Average SOFR + 0.564%),<br> 4.921%, 11/25/2041 (A) | 149447 | 148010 |
| &nbsp;&nbsp;&nbsp;Series 2011-117, Class FA (30 day Average SOFR + 0.564%),<br> 4.921%, 11/25/2041 (A) | 345988 | 342784 |
| &nbsp;&nbsp;&nbsp;Series 2011-127, Class FC (30 day Average SOFR + 0.564%),<br> 4.921%, 12/25/2041 (A) | 159695 | 158041 |
| &nbsp;&nbsp;&nbsp;Series 2011-142, Class EF (30 day Average SOFR + 0.614%),<br> 4.971%, 01/25/2042 (A) | 179000 | 177618 |
| &nbsp;&nbsp;&nbsp;Series 2011-55, Class FH (30 day Average SOFR + 0.554%),<br> 4.911%, 06/25/2041 (A) | 125054 | 124147 |
| &nbsp;&nbsp;&nbsp;Series 2012-106, Class FA (30 day Average SOFR + 0.454%),<br> 4.811%, 10/25/2042 (A) | 141884 | 140178 |
| &nbsp;&nbsp;&nbsp;Series 2012-12, Class FA (30 day Average SOFR + 0.614%),<br> 4.971%, 02/25/2042 (A) | 157957 | 156690 |
| &nbsp;&nbsp;&nbsp;Series 2012-151, Class NX,<br> 1.500%, 01/25/2043 | 247959 | 216361 |
| &nbsp;&nbsp;&nbsp;Series 2012-47, Class JF (30 day Average SOFR + 0.614%),<br> 4.971%, 05/25/2042 (A) | 212481 | 210749 |
| &nbsp;&nbsp;&nbsp;Series 2013-11, Class AP,<br> 1.500%, 01/25/2043 | 675239 | 620712 |
| &nbsp;&nbsp;&nbsp;Series 2013-43, Class BP,<br> 1.750%, 05/25/2043 | 298034 | 261494 |
| &nbsp;&nbsp;&nbsp;Series 2013-49, Class AP,<br> 1.750%, 05/25/2043 | 194009 | 168689 |
| &nbsp;&nbsp;&nbsp;Series 2014-25, Class EL,<br> 3.000%, 05/25/2044 | 349603 | 321294 |
| &nbsp;&nbsp;&nbsp;Series 2014-74, Class FC (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2044 (A) | 180780 | 178148 |
| &nbsp;&nbsp;&nbsp;Series 2015-32, Class FA (30 day Average SOFR + 0.414%),<br> 4.771%, 05/25/2045 (A) | 327600 | 319374 |
| &nbsp;&nbsp;&nbsp;Series 2015-48, Class FB (30 day Average SOFR + 0.414%),<br> 4.771%, 07/25/2045 (A) | 389492 | 379888 |
| &nbsp;&nbsp;&nbsp;Series 2015-72, Class GL,<br> 3.000%, 10/25/2045 | 249000 | 218571 |
| &nbsp;&nbsp;&nbsp;Series 2015-8, Class AP,<br> 2.000%, 03/25/2045 | 596524 | 537334 |
| &nbsp;&nbsp;&nbsp;Series 2015-84, Class PA,<br> 1.700%, 08/25/2033 | 399148 | 376121 |
| &nbsp;&nbsp;&nbsp;Series 2016-11, Class CF (30 day Average SOFR + 0.464%),<br> 4.821%, 03/25/2046 (A) | 165653 | 163829 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-11, Class FG (30 day Average SOFR + 0.464%),<br> 4.821%, 03/25/2046 (A) | $&nbsp;&nbsp;221880 | $&nbsp;&nbsp;&nbsp;&nbsp;219299 |
| &nbsp;&nbsp;&nbsp;Series 2016-19, Class FD (30 day Average SOFR + 0.514%),<br> 4.871%, 04/25/2046 (A) | 1016913 | 1009332 |
| &nbsp;&nbsp;&nbsp;Series 2016-22, Class FA (30 day Average SOFR + 0.514%),<br> 4.871%, 04/25/2046 (A) | &nbsp;&nbsp;430674 | &nbsp;&nbsp;&nbsp;&nbsp;426379 |
| &nbsp;&nbsp;&nbsp;Series 2016-22, Class FG (30 day Average SOFR + 0.514%),<br> 4.871%, 04/25/2046 (A) | &nbsp;&nbsp;380722 | &nbsp;&nbsp;&nbsp;&nbsp;376813 |
| &nbsp;&nbsp;&nbsp;Series 2016-48, Class MA,<br> 2.000%, 06/25/2038 | &nbsp;&nbsp;884586 | &nbsp;&nbsp;&nbsp;&nbsp;828314 |
| &nbsp;&nbsp;&nbsp;Series 2016-57, Class PC,<br> 1.750%, 06/25/2046 | 2032443 | 1743276 |
| &nbsp;&nbsp;&nbsp;Series 2016-64, Class BC,<br> 1.750%, 09/25/2046 | &nbsp;&nbsp;402899 | &nbsp;&nbsp;&nbsp;&nbsp;376934 |
| &nbsp;&nbsp;&nbsp;Series 2016-64, Class PE,<br> 2.500%, 09/25/2046 | &nbsp;&nbsp;281000 | &nbsp;&nbsp;&nbsp;&nbsp;216908 |
| &nbsp;&nbsp;&nbsp;Series 2016-69, Class BF (30 day Average SOFR + 0.514%),<br> 4.871%, 10/25/2046 (A) | &nbsp;&nbsp;345965 | &nbsp;&nbsp;&nbsp;&nbsp;342859 |
| &nbsp;&nbsp;&nbsp;Series 2016-75, Class FE (30 day Average SOFR + 0.514%),<br> 4.871%, 10/25/2046 (A) | &nbsp;&nbsp;263155 | &nbsp;&nbsp;&nbsp;&nbsp;261034 |
| &nbsp;&nbsp;&nbsp;Series 2016-78, Class FA (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2044 (A) | &nbsp;&nbsp;169361 | &nbsp;&nbsp;&nbsp;&nbsp;167483 |
| &nbsp;&nbsp;&nbsp;Series 2016-79, Class FH (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2046 (A) | &nbsp;&nbsp;266286 | &nbsp;&nbsp;&nbsp;&nbsp;264031 |
| &nbsp;&nbsp;&nbsp;Series 2016-82, Class FE (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2046 (A) | &nbsp;&nbsp;584510 | &nbsp;&nbsp;&nbsp;&nbsp;579846 |
| &nbsp;&nbsp;&nbsp;Series 2016-82, Class FH (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2046 (A) | &nbsp;&nbsp;539676 | &nbsp;&nbsp;&nbsp;&nbsp;534505 |
| &nbsp;&nbsp;&nbsp;Series 2016-84, Class FB (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2046 (A) | &nbsp;&nbsp;259724 | &nbsp;&nbsp;&nbsp;&nbsp;257144 |
| &nbsp;&nbsp;&nbsp;Series 2016-86, Class FE (30 day Average SOFR + 0.514%),<br> 4.871%, 11/25/2046 (A) | &nbsp;&nbsp;674167 | &nbsp;&nbsp;&nbsp;&nbsp;667350 |
| &nbsp;&nbsp;&nbsp;Series 2016-88, Class CF (30 day Average SOFR + 0.564%),<br> 4.921%, 12/25/2046 (A) | &nbsp;&nbsp;454784 | &nbsp;&nbsp;&nbsp;&nbsp;451000 |
| &nbsp;&nbsp;&nbsp;Series 2016-91, Class AF (30 day Average SOFR + 0.514%),<br> 4.871%, 12/25/2046 (A) | &nbsp;&nbsp;238252 | &nbsp;&nbsp;&nbsp;&nbsp;236644 |
| &nbsp;&nbsp;&nbsp;Series 2017-11, Class FA (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2047 (A) | &nbsp;&nbsp;106728 | &nbsp;&nbsp;&nbsp;&nbsp;105845 |
| &nbsp;&nbsp;&nbsp;Series 2017-113, Class FB (30 day Average SOFR + 0.364%),<br> 4.721%, 01/25/2048 (A) | &nbsp;&nbsp;107114 | &nbsp;&nbsp;&nbsp;&nbsp;105660 |
| &nbsp;&nbsp;&nbsp;Series 2017-12, Class FD (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2047 (A) | &nbsp;&nbsp;265447 | &nbsp;&nbsp;&nbsp;&nbsp;263248 |
| &nbsp;&nbsp;&nbsp;Series 2017-13, Class PA,<br> 3.000%, 08/25/2046 | &nbsp;&nbsp;399509 | &nbsp;&nbsp;&nbsp;&nbsp;375146 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-23, Class FA (30 day Average SOFR + 0.514%),<br> 4.871%, 04/25/2047 (A) | $&nbsp;&nbsp;298579 | $295850 |
| &nbsp;&nbsp;&nbsp;Series 2017-24, Class PG,<br> 2.625%, 04/25/2047 | 1034021 | 916660 |
| &nbsp;&nbsp;&nbsp;Series 2017-26, Class FA (30 day Average SOFR + 0.464%),<br> 4.821%, 04/25/2047 (A) | &nbsp;&nbsp;681585 | 675623 |
| &nbsp;&nbsp;&nbsp;Series 2017-35, Class MC,<br> 2.625%, 12/25/2044 | &nbsp;&nbsp;211382 | 205323 |
| &nbsp;&nbsp;&nbsp;Series 2017-82, Class FE (30 day Average SOFR + 0.364%),<br> 4.721%, 10/25/2047 (A) | &nbsp;&nbsp;245039 | 242951 |
| &nbsp;&nbsp;&nbsp;Series 2017-9, Class BF (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2047 (A) | &nbsp;&nbsp;320851 | 318045 |
| &nbsp;&nbsp;&nbsp;Series 2017-9, Class DF (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2047 (A) | &nbsp;&nbsp;231745 | 229735 |
| &nbsp;&nbsp;&nbsp;Series 2017-9, Class EF (30 day Average SOFR + 0.514%),<br> 4.871%, 03/25/2047 (A) | &nbsp;&nbsp;120963 | 119947 |
| &nbsp;&nbsp;&nbsp;Series 2017-96, Class FB (30 day Average SOFR + 0.414%),<br> 4.771%, 12/25/2047 (A) | &nbsp;&nbsp;424500 | 418180 |
| &nbsp;&nbsp;&nbsp;Series 2018-1, Class FA (30 day Average SOFR + 0.364%),<br> 4.721%, 02/25/2048 (A) | &nbsp;&nbsp;137599 | 135872 |
| &nbsp;&nbsp;&nbsp;Series 2018-14, Class KC,<br> 3.000%, 03/25/2048 | &nbsp;&nbsp;628926 | 602475 |
| &nbsp;&nbsp;&nbsp;Series 2018-36, Class FD (30 day Average SOFR + 0.364%),<br> 4.721%, 06/25/2048 (A) | &nbsp;&nbsp;556577 | 550264 |
| &nbsp;&nbsp;&nbsp;Series 2018-38, Class MA,<br> 3.300%, 06/25/2048 | &nbsp;&nbsp;490981 | 470947 |
| &nbsp;&nbsp;&nbsp;Series 2018-45, Class TM,<br> 3.000%, 06/25/2048 | &nbsp;&nbsp;393993 | 357325 |
| &nbsp;&nbsp;&nbsp;Series 2018-55, Class GA,<br> 3.375%, 08/25/2048 | &nbsp;&nbsp;375187 | 360932 |
| &nbsp;&nbsp;&nbsp;Series 2018-64, Class A,<br> 3.000%, 09/25/2048 | &nbsp;&nbsp;358194 | 322649 |
| &nbsp;&nbsp;&nbsp;Series 2018-85, Class EA,<br> 3.500%, 12/25/2048 | &nbsp;&nbsp;272896 | 265757 |
| &nbsp;&nbsp;&nbsp;Series 2019-13, Class PE,<br> 3.000%, 03/25/2049 | &nbsp;&nbsp;234167 | 215216 |
| &nbsp;&nbsp;&nbsp;Series 2019-15, Class FA (30 day Average SOFR + 0.614%),<br> 4.971%, 04/25/2049 (A) | &nbsp;&nbsp;198114 | 193702 |
| &nbsp;&nbsp;&nbsp;Series 2019-25, Class PA,<br> 3.000%, 05/25/2048 | &nbsp;&nbsp;611161 | 573263 |
| &nbsp;&nbsp;&nbsp;Series 2019-41, Class FG (30 day Average SOFR + 0.614%),<br> 4.971%, 08/25/2059 (A) | &nbsp;&nbsp;504216 | 490075 |
| &nbsp;&nbsp;&nbsp;Series 2019-43, Class FC (30 day Average SOFR + 0.514%),<br> 4.871%, 08/25/2049 (A) | &nbsp;&nbsp;385555 | 378269 |
| &nbsp;&nbsp;&nbsp;Series 2019-67, Class FB (30 day Average SOFR + 0.564%),<br> 4.921%, 11/25/2049 (A) | &nbsp;&nbsp;214947 | 210970 |
| &nbsp;&nbsp;&nbsp;Series 2019-81, Class LH,<br> 3.000%, 12/25/2049 | &nbsp;&nbsp;283474 | 258148 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-48, Class AB,<br> 2.000%, 07/25/2050 | $&nbsp;&nbsp;328457 | $&nbsp;&nbsp;&nbsp;&nbsp;281665 |
| &nbsp;&nbsp;&nbsp;Series 2020-59, Class NC,<br> 3.000%, 08/25/2040 | &nbsp;&nbsp;429032 | &nbsp;&nbsp;&nbsp;&nbsp;396357 |
| &nbsp;&nbsp;&nbsp;Series 2021-27, Class EC,<br> 1.500%, 05/25/2051 | 1407564 | 1153970 |
| &nbsp;&nbsp;&nbsp;Series 2021-40, Class DW,<br> 2.000%, 06/25/2041 | &nbsp;&nbsp;&nbsp;&nbsp;96351 | &nbsp;&nbsp;&nbsp;&nbsp;86185 |
| &nbsp;&nbsp;&nbsp;Series 2021-42, Class AC,<br> 2.000%, 02/25/2051 | &nbsp;&nbsp;393651 | &nbsp;&nbsp;&nbsp;&nbsp;341337 |
| &nbsp;&nbsp;&nbsp;Series 2021-78, Class ND,<br> 1.500%, 11/25/2051 | &nbsp;&nbsp;761613 | &nbsp;&nbsp;&nbsp;&nbsp;625270 |
| &nbsp;&nbsp;&nbsp;Series 2021-91, Class AB,<br> 2.500%, 09/25/2049 | &nbsp;&nbsp;482660 | &nbsp;&nbsp;&nbsp;&nbsp;430560 |
| &nbsp;&nbsp;&nbsp;Series 2021-95, Class CP,<br> 1.500%, 08/25/2051 | &nbsp;&nbsp;225135 | &nbsp;&nbsp;&nbsp;&nbsp;193398 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class N,<br> 2.000%, 10/25/2047 | 1316196 | 1178571 |
| &nbsp;&nbsp;&nbsp;Series 2022-62, Class KA,<br> 3.250%, 09/25/2052 | &nbsp;&nbsp;291423 | &nbsp;&nbsp;&nbsp;&nbsp;274435 |
| &nbsp;&nbsp;&nbsp;Series 2022-89, Class AY,<br> 3.000%, 02/25/2048 | &nbsp;&nbsp;623000 | &nbsp;&nbsp;&nbsp;&nbsp;545654 |
| &nbsp;&nbsp;&nbsp;Series 2023-14, Class EJ,<br> 2.750%, 04/25/2049 | &nbsp;&nbsp;460771 | &nbsp;&nbsp;&nbsp;&nbsp;432348 |
| &nbsp;&nbsp;&nbsp;Series 2023-37, Class FH (30 day Average SOFR + 0.514%),<br> 4.871%, 01/25/2050 (A) | &nbsp;&nbsp;796970 | &nbsp;&nbsp;&nbsp;&nbsp;783290 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class FC (30 day Average SOFR + 0.664%),<br> 5.021%, 06/25/2040 (A) | &nbsp;&nbsp;602870 | &nbsp;&nbsp;&nbsp;&nbsp;600889 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class FD (30 day Average SOFR + 0.864%),<br> 5.213%, 10/25/2039 (A) | &nbsp;&nbsp;190866 | &nbsp;&nbsp;&nbsp;&nbsp;189792 |
| &nbsp;&nbsp;&nbsp;Series 2024-64, Class KY,<br> 3.000%, 12/25/2043 | &nbsp;&nbsp;303000 | &nbsp;&nbsp;&nbsp;&nbsp;261258 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2010-163, Class NC,<br> 4.000%, 12/20/2040 | &nbsp;&nbsp;382176 | &nbsp;&nbsp;&nbsp;&nbsp;378235 |
| &nbsp;&nbsp;&nbsp;Series 2013-152, Class HA,<br> 2.500%, 06/20/2043 | &nbsp;&nbsp;428779 | &nbsp;&nbsp;&nbsp;&nbsp;398555 |
| &nbsp;&nbsp;&nbsp;Series 2014-133, Class BP,<br> 2.250%, 09/20/2044 | &nbsp;&nbsp;330406 | &nbsp;&nbsp;&nbsp;&nbsp;298539 |
| &nbsp;&nbsp;&nbsp;Series 2014-149, Class KP,<br> 2.250%, 07/16/2044 | &nbsp;&nbsp;281704 | &nbsp;&nbsp;&nbsp;&nbsp;259858 |
| &nbsp;&nbsp;&nbsp;Series 2014-181, Class L,<br> 3.000%, 12/20/2044 | &nbsp;&nbsp;306245 | &nbsp;&nbsp;&nbsp;&nbsp;278785 |
| &nbsp;&nbsp;&nbsp;Series 2015-144, Class CA,<br> 2.500%, 10/20/2045 | &nbsp;&nbsp;464821 | &nbsp;&nbsp;&nbsp;&nbsp;412929 |
| &nbsp;&nbsp;&nbsp;Series 2016-136, Class A,<br> 3.000%, 07/20/2044 | &nbsp;&nbsp;275503 | &nbsp;&nbsp;&nbsp;&nbsp;250632 |
| &nbsp;&nbsp;&nbsp;Series 2016-93, Class AB,<br> 1.750%, 07/20/2044 | &nbsp;&nbsp;596217 | &nbsp;&nbsp;&nbsp;&nbsp;502886 |
| &nbsp;&nbsp;&nbsp;Series 2017-139, Class GA,<br> 3.000%, 09/20/2047 | 1075502 | &nbsp;&nbsp;&nbsp;&nbsp;979397 |
| &nbsp;&nbsp;&nbsp;Series 2017-167, Class BQ,<br> 2.500%, 08/20/2044 | &nbsp;&nbsp;331594 | &nbsp;&nbsp;&nbsp;&nbsp;313238 |
| &nbsp;&nbsp;&nbsp;Series 2018-65, Class DC,<br> 3.500%, 05/20/2048 | &nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;382293 |
| &nbsp;&nbsp;&nbsp;Series 2020-63, Class UD,<br> 1.750%, 04/20/2050 | &nbsp;&nbsp;296841 | &nbsp;&nbsp;&nbsp;&nbsp;245809 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-105, Class P,<br> 1.750%, 06/20/2051 | $1440446 | $1184376 |
| &nbsp;&nbsp;&nbsp;Series 2021-107, Class DB,<br> 1.750%, 04/20/2051 | 1359108 | 1119427 |
| &nbsp;&nbsp;&nbsp;Series 2021-135, Class A,<br> 2.000%, 08/20/2051 | &nbsp;&nbsp;333265 | &nbsp;&nbsp;&nbsp;&nbsp;278041 |
| &nbsp;&nbsp;&nbsp;Series 2021-160, Class NE,<br> 2.000%, 09/20/2051 | 2549581 | 2179455 |
| &nbsp;&nbsp;&nbsp;Series 2021-215, Class GA,<br> 2.000%, 12/20/2051 | 2211039 | 1932970 |
| &nbsp;&nbsp;&nbsp;Series 2021-225, Class YC,<br> 2.000%, 12/20/2051 | &nbsp;&nbsp;262725 | &nbsp;&nbsp;&nbsp;&nbsp;226031 |
| &nbsp;&nbsp;&nbsp;Series 2021-24, Class BC,<br> 1.250%, 02/20/2051 | &nbsp;&nbsp;465360 | &nbsp;&nbsp;&nbsp;&nbsp;366643 |
| &nbsp;&nbsp;&nbsp;Series 2021-27, Class BD,<br> 5.000%, 02/20/2051 | &nbsp;&nbsp;426385 | &nbsp;&nbsp;&nbsp;&nbsp;425252 |
| &nbsp;&nbsp;&nbsp;Series 2021-27, Class CW,<br> 5.000%, 02/20/2051 (E) | &nbsp;&nbsp;539394 | &nbsp;&nbsp;&nbsp;&nbsp;538006 |
| &nbsp;&nbsp;&nbsp;Series 2021-27, Class NT,<br> 5.000%, 02/20/2051 | &nbsp;&nbsp;429513 | &nbsp;&nbsp;&nbsp;&nbsp;423881 |
| &nbsp;&nbsp;&nbsp;Series 2021-27, Class Q,<br> 5.000%, 02/20/2051 | &nbsp;&nbsp;382559 | &nbsp;&nbsp;&nbsp;&nbsp;381416 |
| &nbsp;&nbsp;&nbsp;Series 2021-8, Class CY,<br> 5.000%, 01/20/2051 | &nbsp;&nbsp;383115 | &nbsp;&nbsp;&nbsp;&nbsp;381947 |
| &nbsp;&nbsp;&nbsp;Series 2021-89, Class LK,<br> 2.000%, 05/20/2051 | &nbsp;&nbsp;802078 | &nbsp;&nbsp;&nbsp;&nbsp;668444 |
| &nbsp;&nbsp;&nbsp;Series 2022-107, Class C,<br> 2.500%, 06/20/2051 | 1766161 | 1481923 |
| &nbsp;&nbsp;&nbsp;Series 2022-138, Class PT,<br> 2.500%, 10/20/2051 | 2103299 | 1762459 |
| &nbsp;&nbsp;&nbsp;Series 2022-153, Class KA,<br> 4.000%, 12/20/2049 | &nbsp;&nbsp;429038 | &nbsp;&nbsp;&nbsp;&nbsp;423224 |
| &nbsp;&nbsp;&nbsp;Series 2022-197, Class LF (30 day Average SOFR + 0.700%),<br> 5.089%, 11/20/2052 (A) | 1665535 | 1657261 |
| &nbsp;&nbsp;&nbsp;Series 2022-205, Class A,<br> 2.000%, 09/20/2051 | &nbsp;&nbsp;653862 | &nbsp;&nbsp;&nbsp;&nbsp;533210 |
| &nbsp;&nbsp;&nbsp;Series 2022-24, Class AH,<br> 2.500%, 02/20/2052 | &nbsp;&nbsp;143394 | &nbsp;&nbsp;&nbsp;&nbsp;123774 |
| &nbsp;&nbsp;&nbsp;Series 2022-31, Class GH,<br> 2.500%, 12/20/2049 | 1060850 | &nbsp;&nbsp;&nbsp;&nbsp;959181 |
| &nbsp;&nbsp;&nbsp;Series 2022-34, Class DN,<br> 3.500%, 09/20/2041 | &nbsp;&nbsp;854769 | &nbsp;&nbsp;&nbsp;&nbsp;821190 |
| &nbsp;&nbsp;&nbsp;Series 2022-46, Class LY,<br> 3.000%, 03/20/2052 | &nbsp;&nbsp;202000 | &nbsp;&nbsp;&nbsp;&nbsp;168502 |
| &nbsp;&nbsp;&nbsp;Series 2022-5, Class BA,<br> 2.000%, 10/20/2049 | 1690269 | 1476837 |
| &nbsp;&nbsp;&nbsp;Series 2022-50, Class CA,<br> 3.000%, 03/20/2052 | 1504501 | 1361768 |
| &nbsp;&nbsp;&nbsp;Series 2022-66, Class CG,<br> 3.500%, 04/20/2052 | &nbsp;&nbsp;920472 | &nbsp;&nbsp;&nbsp;&nbsp;879944 |
| &nbsp;&nbsp;&nbsp;Series 2022-78, Class HW,<br> 2.500%, 04/20/2052 | &nbsp;&nbsp;349000 | &nbsp;&nbsp;&nbsp;&nbsp;279089 |
| &nbsp;&nbsp;&nbsp;Series 2022-84, Class A,<br> 2.500%, 01/20/2052 | &nbsp;&nbsp;523001 | &nbsp;&nbsp;&nbsp;&nbsp;437910 |
| &nbsp;&nbsp;&nbsp;Series 2022-9, Class GA,<br> 2.000%, 01/20/2052 | &nbsp;&nbsp;385591 | &nbsp;&nbsp;&nbsp;&nbsp;321678 |
| &nbsp;&nbsp;&nbsp;Series 2023-81, Class YJ,<br> 3.500%, 06/20/2053 | 2042000 | 1788541 |
| &nbsp;&nbsp;&nbsp;Series 2024-110, Class JC,<br> 3.000%, 09/20/2047 | 2532859 | 2413259 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-110, Class JL,<br> 3.000%, 10/20/2049 | &nbsp;&nbsp;540000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466962 |
| &nbsp;&nbsp;&nbsp;Series 2024-45, Class BD,<br> 2.000%, 03/20/2054 | &nbsp;&nbsp;342594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315991 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class GC,<br> 3.500%, 10/20/2051 | 6293196 | &nbsp;&nbsp;&nbsp;&nbsp;6062541 |
| &nbsp;&nbsp;&nbsp;Series 2025-7, Class EL,<br> 2.500%, 01/20/2055 | &nbsp;&nbsp;233000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167255 |
|  |  | 101753140 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $115,151,678) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $115,151,678) | $114209762 |
| **ASSET-BACKED SECURITIES – 8.2%** | **ASSET-BACKED SECURITIES – 8.2%** |  |
| Ally Auto Receivables Trust<br> Series 2022-3, Class A4<br> 5.070%, 10/16/2028 | &nbsp;&nbsp;331000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332806 |
| American Express Credit Account<br> Master Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-4, Class A<br> 5.150%, 09/16/2030 | 1180000 | &nbsp;&nbsp;&nbsp;&nbsp;1220248 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A<br> 4.280%, 04/15/2030 | 1497000 | &nbsp;&nbsp;&nbsp;&nbsp;1511301 |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class A<br> 4.300%, 07/15/2030 | 2618000 | &nbsp;&nbsp;&nbsp;&nbsp;2646100 |
| &nbsp;&nbsp;&nbsp;Series 2025-5, Class A<br> 4.510%, 07/15/2032 | 1409000 | &nbsp;&nbsp;&nbsp;&nbsp;1438940 |
| AmeriCredit Automobile<br> Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1, Class A3<br> 5.620%, 11/18/2027 | &nbsp;&nbsp;150292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150749 |
| &nbsp;&nbsp;&nbsp;Series 2023-2, Class A3<br> 5.810%, 05/18/2028 | &nbsp;&nbsp;565830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570072 |
| AutoNation Finance Trust<br> Series 2025-1A, Class A3<br> 4.620%, 11/13/2029 (C) | &nbsp;&nbsp;518000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522974 |
| BA Credit Card Trust<br> Series 2025-A1, Class A<br> 4.310%, 05/15/2030 | 1569000 | &nbsp;&nbsp;&nbsp;&nbsp;1586954 |
| Barclays Dryrock Issuance Trust<br> Series 2025-1, Class A<br> 3.970%, 07/15/2031 | 1205000 | &nbsp;&nbsp;&nbsp;&nbsp;1201527 |
| Capital One Multi-Asset Execution Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-A1, Class A<br> 3.820%, 09/16/2030 | &nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227881 |
| &nbsp;&nbsp;&nbsp;Series 2025-A2, Class A<br> 4.020%, 09/15/2032 | &nbsp;&nbsp;269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268452 |
| CarMax Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A3<br> 4.480%, 03/15/2030 | 1223000 | &nbsp;&nbsp;&nbsp;&nbsp;1235845 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class A3<br> 4.350%, 07/15/2030 | &nbsp;&nbsp;729000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734954 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class A4<br> 4.470%, 01/15/2031 | &nbsp;&nbsp;494000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500756 |
| Chase Auto Owner Trust<br> Series 2022-AA, Class A4<br> 3.990%, 03/27/2028 (C) | &nbsp;&nbsp;416000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415546 |
| Chase Issuance Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-A2, Class A<br> 4.630%, 01/15/2031 | 1009000 | &nbsp;&nbsp;&nbsp;&nbsp;1031291 |
| &nbsp;&nbsp;&nbsp;Series 2025-A1, Class A<br> 4.160%, 07/15/2030 | &nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367349 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Citibank Credit Card Issuance Trust<br> Series 2025-A1, Class A<br> 4.300%, 06/21/2030 | $1197000 | $1209454 |
| College Ave Student Loans LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-A, Class A1 (1 month CME Term SOFR + 1.764%)<br> 5.922%, 11/26/2046 (A)(C) | &nbsp;&nbsp;174273 | &nbsp;&nbsp;&nbsp;&nbsp;175640 |
| &nbsp;&nbsp;&nbsp;Series 2018-A, Class A2<br> 4.130%, 12/26/2047 (C) | &nbsp;&nbsp;134506 | &nbsp;&nbsp;&nbsp;&nbsp;132555 |
| &nbsp;&nbsp;&nbsp;Series 2019-A, Class A2<br> 3.280%, 12/28/2048 (C) | &nbsp;&nbsp;249434 | &nbsp;&nbsp;&nbsp;&nbsp;239442 |
| Ford Credit Auto Lease Trust<br> Series 2024-A, Class A4<br> 5.050%, 06/15/2027 | &nbsp;&nbsp;303000 | &nbsp;&nbsp;&nbsp;&nbsp;304983 |
| Ford Credit Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A<br> 3.880%, 11/15/2034 (C) | 1005000 | 1002961 |
| &nbsp;&nbsp;&nbsp;Series 2022-D, Class A4<br> 5.300%, 03/15/2028 | &nbsp;&nbsp;299000 | &nbsp;&nbsp;&nbsp;&nbsp;302248 |
| &nbsp;&nbsp;&nbsp;Series 2024-D, Class A3<br> 4.610%, 08/15/2029 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;303509 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A (4.860% to 2-15-30, then 9.710% thereafter)<br> 4.860%, 08/15/2037 (C) | 1575000 | 1615851 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A (4.370% to 8-15-30, then 8.750% thereafter)<br> 4.370%, 02/15/2038 (C) | 1029000 | 1034854 |
| &nbsp;&nbsp;&nbsp;Series 2025-B, Class A4<br> 3.950%, 07/15/2031 | &nbsp;&nbsp;918000 | &nbsp;&nbsp;&nbsp;&nbsp;917057 |
| Ford Credit Floorplan Master<br> Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A1<br> 4.300%, 09/15/2029 (C) | 1688000 | 1695526 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A1<br> 4.630%, 04/15/2030 | 1276000 | 1293993 |
| GM Financial Automobile Leasing Trust<br> Series 2023-3, Class A4<br> 5.440%, 08/20/2027 | &nbsp;&nbsp;264000 | &nbsp;&nbsp;&nbsp;&nbsp;264805 |
| GM Financial Revolving<br> Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A<br> 4.980%, 12/11/2036 (C) | &nbsp;&nbsp;212000 | &nbsp;&nbsp;&nbsp;&nbsp;217555 |
| &nbsp;&nbsp;&nbsp;Series 2024-2, Class A<br> 4.520%, 03/11/2037 (C) | &nbsp;&nbsp;424000 | &nbsp;&nbsp;&nbsp;&nbsp;429290 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A<br> 4.640%, 12/11/2037 (C) | 2216000 | 2255193 |
| GMF Floorplan Owner Revolving Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-4A, Class A1<br> 4.730%, 11/15/2029 (C) | 1016000 | 1030309 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A<br> 4.640%, 03/15/2030 (C) | 1367000 | 1384534 |
| Honda Auto Receivables Owner Trust<br> Series 2025-3, Class A4<br> 4.100%, 11/21/2031 | &nbsp;&nbsp;712000 | &nbsp;&nbsp;&nbsp;&nbsp;714347 |
| Hyundai Auto Lease Securitization Trust<br> Series 2025-B, Class A3<br> 4.530%, 04/17/2028 (C) | 1021000 | 1030063 |
| Hyundai Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-A, Class A4<br> 2.350%, 04/17/2028 | &nbsp;&nbsp;265385 | &nbsp;&nbsp;&nbsp;&nbsp;264341 |
| &nbsp;&nbsp;&nbsp;Series 2023-A, Class A4<br> 4.480%, 07/17/2028 | &nbsp;&nbsp;599000 | &nbsp;&nbsp;&nbsp;&nbsp;601082 |
| &nbsp;&nbsp;&nbsp;Series 2023-B, Class A3<br> 5.480%, 04/17/2028 | &nbsp;&nbsp;231347 | &nbsp;&nbsp;&nbsp;&nbsp;233053 |
| Mercedes-Benz Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A4<br> 5.250%, 02/15/2029 | &nbsp;&nbsp;693000 | &nbsp;&nbsp;&nbsp;&nbsp;701491 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Mercedes-Benz Auto<br> Receivables Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A3<br> 4.780%, 12/17/2029 | $&nbsp;&nbsp;594000 | $&nbsp;&nbsp;&nbsp;&nbsp;601910 |
| Navient Private Education Refi<br> Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-DA, Class A2A<br> 4.000%, 12/15/2059 (C) | &nbsp;&nbsp;236415 | &nbsp;&nbsp;&nbsp;&nbsp;234830 |
| &nbsp;&nbsp;&nbsp;Series 2019-CA, Class A2<br> 3.130%, 02/15/2068 (C) | &nbsp;&nbsp;111148 | &nbsp;&nbsp;&nbsp;&nbsp;109790 |
| &nbsp;&nbsp;&nbsp;Series 2019-D, Class A2A<br> 3.010%, 12/15/2059 (C) | &nbsp;&nbsp;598835 | &nbsp;&nbsp;&nbsp;&nbsp;582754 |
| &nbsp;&nbsp;&nbsp;Series 2019-FA, Class A2<br> 2.600%, 08/15/2068 (C) | &nbsp;&nbsp;307927 | &nbsp;&nbsp;&nbsp;&nbsp;297884 |
| &nbsp;&nbsp;&nbsp;Series 2020-EA, Class A<br> 1.690%, 05/15/2069 (C) | &nbsp;&nbsp;&nbsp;&nbsp;56066 | &nbsp;&nbsp;&nbsp;&nbsp;52697 |
| &nbsp;&nbsp;&nbsp;Series 2020-GA, Class A<br> 1.170%, 09/16/2069 (C) | &nbsp;&nbsp;219426 | &nbsp;&nbsp;&nbsp;&nbsp;205996 |
| &nbsp;&nbsp;&nbsp;Series 2021-BA, Class A<br> 0.940%, 07/15/2069 (C) | &nbsp;&nbsp;145007 | &nbsp;&nbsp;&nbsp;&nbsp;132519 |
| &nbsp;&nbsp;&nbsp;Series 2021-CA, Class A<br> 1.060%, 10/15/2069 (C) | &nbsp;&nbsp;520448 | &nbsp;&nbsp;&nbsp;&nbsp;474524 |
| &nbsp;&nbsp;&nbsp;Series 2021-EA, Class A<br> 0.970%, 12/16/2069 (C) | &nbsp;&nbsp;879500 | &nbsp;&nbsp;&nbsp;&nbsp;792751 |
| &nbsp;&nbsp;&nbsp;Series 2021-FA, Class A<br> 1.110%, 02/18/2070 (C) | &nbsp;&nbsp;568847 | &nbsp;&nbsp;&nbsp;&nbsp;507308 |
| &nbsp;&nbsp;&nbsp;Series 2021-GA, Class A<br> 1.580%, 04/15/2070 (C) | &nbsp;&nbsp;142003 | &nbsp;&nbsp;&nbsp;&nbsp;128343 |
| &nbsp;&nbsp;&nbsp;Series 2022-A, Class A<br> 2.230%, 07/15/2070 (C) | 1430051 | 1305370 |
| Navient Student Loan Trust<br> Series 2021-3A, Class A1A<br> 1.770%, 08/25/2070 (C) | &nbsp;&nbsp;609987 | &nbsp;&nbsp;&nbsp;&nbsp;537400 |
| Nelnet Student Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2004-4, Class A5 (90 day Average SOFR + 0.422%)<br> 4.762%, 01/25/2037 (A) | &nbsp;&nbsp;163585 | &nbsp;&nbsp;&nbsp;&nbsp;163243 |
| &nbsp;&nbsp;&nbsp;Series 2005-1, Class A5 (90 day Average SOFR + 0.372%)<br> 4.712%, 10/25/2033 (A) | &nbsp;&nbsp;903071 | &nbsp;&nbsp;&nbsp;&nbsp;896621 |
| &nbsp;&nbsp;&nbsp;Series 2005-2, Class A5 (90 day Average SOFR + 0.362%)<br> 4.739%, 03/23/2037 (A) | &nbsp;&nbsp;827845 | &nbsp;&nbsp;&nbsp;&nbsp;821838 |
| &nbsp;&nbsp;&nbsp;Series 2005-3, Class A5 (90 day Average SOFR + 0.382%)<br> 4.759%, 12/24/2035 (A) | &nbsp;&nbsp;548274 | &nbsp;&nbsp;&nbsp;&nbsp;544903 |
| Nissan Auto Receivables Owner Trust<br> Series 2022-B, Class A4<br> 4.450%, 11/15/2029 | &nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;417096 |
| PenFed Auto Receivables Owner Trust<br> Series 2022-A, Class A4<br> 4.180%, 12/15/2028 (C) | &nbsp;&nbsp;&nbsp;&nbsp;66450 | &nbsp;&nbsp;&nbsp;&nbsp;66429 |
| Santander Drive Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A3<br> 5.630%, 01/16/2029 | &nbsp;&nbsp;541847 | &nbsp;&nbsp;&nbsp;&nbsp;544609 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A3<br> 4.670%, 08/15/2029 | &nbsp;&nbsp;661000 | &nbsp;&nbsp;&nbsp;&nbsp;666203 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class A3<br> 4.380%, 01/15/2030 | &nbsp;&nbsp;799000 | &nbsp;&nbsp;&nbsp;&nbsp;803807 |
| SBNA Auto Lease Trust<br> Series 2024-C, Class A4<br> 4.420%, 03/20/2029 (C) | &nbsp;&nbsp;389000 | &nbsp;&nbsp;&nbsp;&nbsp;390746 |
| SBNA Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A3<br> 5.320%, 12/15/2028 (C) | &nbsp;&nbsp;257784 | &nbsp;&nbsp;&nbsp;&nbsp;258836 |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A4<br> 5.210%, 04/16/2029 (C) | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;176728 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| SFS Auto Receivables<br> Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A3<br> 4.950%, 05/21/2029 (C) | $&nbsp;&nbsp;813678 | $&nbsp;&nbsp;&nbsp;&nbsp;819067 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A4<br> 4.940%, 01/21/2031 (C) | &nbsp;&nbsp;153000 | &nbsp;&nbsp;&nbsp;&nbsp;155404 |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A3<br> 5.330%, 11/20/2029 (C) | &nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;576720 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A4<br> 4.580%, 05/20/2031 (C) | &nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;&nbsp;491635 |
| SMB Private Education Loan Trust<br> Series 2021-A, Class APT1<br> 1.070%, 01/15/2053 (C) | &nbsp;&nbsp;790514 | &nbsp;&nbsp;&nbsp;&nbsp;722155 |
| SoFi Professional Loan Program LLC<br> Series 2021-B, Class AFX<br> 1.140%, 02/15/2047 (C) | &nbsp;&nbsp;449905 | &nbsp;&nbsp;&nbsp;&nbsp;394678 |
| Synchrony Card Funding LLC<br> Series 2025-A2, Class A<br> 4.490%, 05/15/2031 | &nbsp;&nbsp;823000 | &nbsp;&nbsp;&nbsp;&nbsp;832864 |
| Synchrony Card Issuance Trust<br> Series 2025-A1, Class A<br> 4.780%, 02/15/2031 | &nbsp;&nbsp;891000 | &nbsp;&nbsp;&nbsp;&nbsp;906557 |
| T-Mobile US Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A<br> 4.250%, 05/21/2029 (C) | 1769000 | &nbsp;&nbsp;&nbsp;1775801 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A<br> 4.740%, 11/20/2029 (C) | &nbsp;&nbsp;673000 | &nbsp;&nbsp;&nbsp;&nbsp;681591 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A<br> 4.340%, 04/22/2030 (C) | &nbsp;&nbsp;548000 | &nbsp;&nbsp;&nbsp;&nbsp;551793 |
| Toyota Auto Receivables Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-D, Class A4<br> 5.430%, 04/17/2028 | &nbsp;&nbsp;378000 | &nbsp;&nbsp;&nbsp;&nbsp;384771 |
| &nbsp;&nbsp;&nbsp;Series 2025-B, Class A3<br> 4.340%, 11/15/2029 | &nbsp;&nbsp;137000 | &nbsp;&nbsp;&nbsp;&nbsp;138116 |
| USB Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A3<br> 4.490%, 06/17/2030 (C) | &nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;595854 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A4<br> 4.620%, 12/16/2030 (C) | &nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp;179084 |
| Verizon Master Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-4, Class A1A<br> 5.160%, 06/20/2029 | 1984000 | &nbsp;&nbsp;&nbsp;1999091 |
| &nbsp;&nbsp;&nbsp;Series 2024-7, Class A<br> 4.350%, 08/20/2032 (C) | 1198000 | &nbsp;&nbsp;&nbsp;1209037 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A<br> 4.940%, 01/20/2033 (C) | 1557000 | &nbsp;&nbsp;&nbsp;1602296 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class A1A<br> 4.510%, 03/20/2030 | 1408000 | &nbsp;&nbsp;&nbsp;1419696 |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class A<br> 4.760%, 03/21/2033 (C) | &nbsp;&nbsp;988000 | &nbsp;&nbsp;&nbsp;1012823 |
| Volkswagen Auto Lease Trust<br> Series 2025-B, Class A3<br> 4.010%, 01/22/2029 | 1526000 | &nbsp;&nbsp;&nbsp;1528097 |
| Volkswagen Auto Loan Enhanced Trust<br> Series 2024-1, Class A3<br> 4.630%, 07/20/2029 | &nbsp;&nbsp;387000 | &nbsp;&nbsp;&nbsp;&nbsp;391471 |
| World Financial Network Credit Card Master Trust<br> Series 2024-A, Class A<br> 5.470%, 02/15/2031 | &nbsp;&nbsp;202000 | &nbsp;&nbsp;&nbsp;&nbsp;206390 |
| World Omni Auto Receivables Trust<br> Series 2025-C, Class A4<br> 4.190%, 11/17/2031 | &nbsp;&nbsp;438000 | &nbsp;&nbsp;&nbsp;&nbsp;440515 |
| TOTAL ASSET-BACKED SECURITIES (Cost $66,042,813) |  | $66048522 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Core Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS – 3.2%** | **SHORT-TERM INVESTMENTS – 3.2%** |  |
| **Short-term funds – 3.2%** |  |  |
| John Hancock Collateral Trust, 4.0668% (F)(G) | &nbsp;&nbsp;&nbsp;&nbsp;168685 | $&nbsp;&nbsp;&nbsp;&nbsp;1687423 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (F) | 24176600 | &nbsp;&nbsp;&nbsp;24176600 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $25,864,042) | TOTAL SHORT-TERM INVESTMENTS (Cost $25,864,042) | $&nbsp;&nbsp;&nbsp;25864023 |
| **Total Investments (Core Bond Trust)<br> (Cost $809,754,064) – 101.1%** | **Total Investments (Core Bond Trust)<br> (Cost $809,754,064) – 101.1%** | $**809688224** |
| **Other assets and liabilities, net – (1.1%)** |  | &nbsp;&nbsp;**(8756818)** |
| **TOTAL NET ASSETS – 100.0%** |  | $**800931406** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| IBOR | Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
| (A) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (B) | Security purchased or sold on a when-issued or delayed-delivery basis. |
| (C) | 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. |
| (D) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $1,650,386. |
| (E) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (F) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Disciplined Value Emerging Markets Equity Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS - 92.9%** | **COMMON STOCKS - 92.9%** |  |
| **Brazil - 6.0%** |  |  |
| Embraer SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293900 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4433695 |
| Hypera SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273328 |
| Itau Unibanco Holding SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1476859 |
| Localiza Rent a Car SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326140 |
| Rede D'Or Sao Luiz SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4669538 |
| Sendas Distribuidora SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578221 |
| Suzano SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800688 |
| TIM SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3488186 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16046655 |
| **Chile - 0.3%** |  |  |
| Sociedad Quimica y Minera de Chile SA, ADR (B)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798268 |
| **China - 27.6%** |  |  |
| AAC Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290680 |
| Alibaba Group Holding, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062295 |
| BYD Company, Ltd., H Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240290 |

---

#### Disciplined Value Emerging Markets Equity Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Central China Management Company, Ltd. (B)(D) | &nbsp;&nbsp;113732 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661 |
| China Dili Group (B)(D) | &nbsp;&nbsp;190600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11316 |
| China Huiyuan Juice Group, Ltd. (B)(D) | &nbsp;&nbsp;212500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Jushi Company, Ltd., Class A | &nbsp;&nbsp;793517 | &nbsp;&nbsp;&nbsp;1936063 |
| China Taifeng Beddings Holdings, Ltd. (B)(D) | &nbsp;&nbsp;204000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Zhongwang Holdings, Ltd. (B)(D) | &nbsp;&nbsp;196800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Contemporary Amperex Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;73360 | &nbsp;&nbsp;&nbsp;4160497 |
| CT Environmental Group, Ltd. (B)(D) | &nbsp;&nbsp;164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Goldwind Science & Technology Company, Ltd., H Shares | &nbsp;&nbsp;990800 | &nbsp;&nbsp;&nbsp;1783461 |
| Hangzhou Chang Chuan Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;74000 | &nbsp;&nbsp;&nbsp;1038926 |
| Hongda Xingye Company, Ltd., Class A (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;28900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 |
| J&T Global Express, Ltd. (B) | &nbsp;&nbsp;802400 | &nbsp;&nbsp;&nbsp;1006928 |
| Jason Furniture Hangzhou Company, Ltd., Class A | &nbsp;&nbsp;679800 | &nbsp;&nbsp;&nbsp;2887272 |
| JD Logistics, Inc. (A)(B) | &nbsp;&nbsp;418500 | &nbsp;&nbsp;&nbsp;&nbsp;703104 |
| JD.com, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;259303 |
| Lenovo Group, Ltd. | &nbsp;&nbsp;652000 | &nbsp;&nbsp;&nbsp;&nbsp;966126 |
| Muyuan Foods Company, Ltd., Class A | &nbsp;&nbsp;967489 | &nbsp;&nbsp;&nbsp;7214173 |
| Pharmaron Beijing Company, Ltd., H Shares (A) | &nbsp;&nbsp;696000 | &nbsp;&nbsp;&nbsp;2542976 |
| Qinghai Salt Lake Industry Company, Ltd., Class A (B) | &nbsp;&nbsp;612853 | &nbsp;&nbsp;&nbsp;1798076 |
| Quectel Wireless Solutions Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;57900 | &nbsp;&nbsp;&nbsp;&nbsp;858060 |
| Qunxing Paper Holdings Company, Ltd. (B)(D) | &nbsp;&nbsp;634371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Satellite Chemical Company, Ltd., Class A | &nbsp;&nbsp;277300 | &nbsp;&nbsp;&nbsp;&nbsp;756194 |
| Silergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;298081 |
| STO Express Company, Ltd., Class A | &nbsp;&nbsp;414700 | &nbsp;&nbsp;&nbsp;1043867 |
| Sunwoda Electronic Company, Ltd., Class A | &nbsp;&nbsp;300400 | &nbsp;&nbsp;&nbsp;1432332 |
| Tencent Holdings, Ltd. | &nbsp;&nbsp;203900 | 17374238 |
| Tencent Holdings, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;33970 | &nbsp;&nbsp;&nbsp;2892546 |
| Tenwow International Holdings, Ltd. (B)(D) | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Tongcheng Travel Holdings, Ltd. | 1480000 | &nbsp;&nbsp;&nbsp;4372025 |
| Tongwei Company, Ltd., Class A (B) | &nbsp;&nbsp;282400 | &nbsp;&nbsp;&nbsp;&nbsp;886189 |
| Wens Foodstuff Group Company, Ltd., Class A | &nbsp;&nbsp;349011 | &nbsp;&nbsp;&nbsp;&nbsp;913983 |
| WuXi AppTec Company, Ltd., Class A | &nbsp;&nbsp;267500 | &nbsp;&nbsp;&nbsp;4235004 |
| WuXi AppTec Company, Ltd., H Shares (A) | &nbsp;&nbsp;607200 | &nbsp;&nbsp;&nbsp;9290242 |
| Yifeng Pharmacy Chain Company, Ltd., Class A | &nbsp;&nbsp;143594 | &nbsp;&nbsp;&nbsp;&nbsp;497937 |
| Yunnan Baiyao Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;67880 | &nbsp;&nbsp;&nbsp;&nbsp;541901 |
| Yunnan Yuntianhua Company, Ltd., Class A | &nbsp;&nbsp;133300 | &nbsp;&nbsp;&nbsp;&nbsp;502555 |
| Zhejiang Glass Company, Ltd., H Shares (B)(D) | &nbsp;&nbsp;162000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Zhejiang Jingxin Pharmaceutical Company, Ltd., Class A | &nbsp;&nbsp;125800 | &nbsp;&nbsp;&nbsp;&nbsp;366285 |
|  |  | 74164234 |
| **Colombia - 0.7%** |  |  |
| Grupo Cibest SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp;35626 | &nbsp;&nbsp;&nbsp;1850414 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Disciplined Value Emerging Markets Equity Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Greece - 0.6%** |  |  |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;60915 | $&nbsp;&nbsp;&nbsp;1153571 |
| OPAP SA | &nbsp;&nbsp;&nbsp;&nbsp;15869 | &nbsp;&nbsp;&nbsp;&nbsp;370090 |
|  |  | &nbsp;&nbsp;&nbsp;1523661 |
| **Hong Kong - 5.5%** |  |  |
| Anxin-China Holdings, Ltd. (B)(D) | &nbsp;&nbsp;1648000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Cathay Pacific Airways, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;242113 |
| CECEP COSTIN New Materials Group, Ltd. (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Fiber Optic Network System Group, Ltd. (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;150800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Lumena New Materials Corp. (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;50900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Resources Beer Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;688500 | &nbsp;&nbsp;&nbsp;2422407 |
| Galaxy Entertainment Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;2661205 |
| Geely Automobile Holdings, Ltd. | &nbsp;&nbsp;1682000 | &nbsp;&nbsp;&nbsp;4215846 |
| Hua Han Health Industry Holdings, Ltd. (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Mingyuan Medicare Development Company, Ltd. (B)(D) | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| WH Group, Ltd. (A) | &nbsp;&nbsp;4752500 | &nbsp;&nbsp;&nbsp;5146725 |
|  |  | 14688296 |
| **India - 5.1%** |  |  |
| Bajaj Auto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10292 | &nbsp;&nbsp;&nbsp;1009277 |
| Bharti Airtel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;111460 | &nbsp;&nbsp;&nbsp;2363095 |
| Chambal Fertilisers & Chemicals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;97379 | &nbsp;&nbsp;&nbsp;&nbsp;559383 |
| Chennai Super Kings Cricket, Ltd. (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;207315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254 |
| HDFC Bank, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;147736 | &nbsp;&nbsp;&nbsp;5046662 |
| Indus Towers, Ltd. (B) | &nbsp;&nbsp;&nbsp;&nbsp;126069 | &nbsp;&nbsp;&nbsp;&nbsp;488826 |
| Reliance Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;124048 | &nbsp;&nbsp;&nbsp;1905353 |
| Reliance Industries, Ltd., GDR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8777 | &nbsp;&nbsp;&nbsp;&nbsp;536136 |
| Steel Authority of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;427724 | &nbsp;&nbsp;&nbsp;&nbsp;649836 |
| UPL, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;137839 | &nbsp;&nbsp;&nbsp;1021029 |
|  |  | 13584851 |
| **Indonesia - 0.0%** |  |  |
| Bakrie Telecom Tbk PT (B)(D) | 17557300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sri Rejeki Isman Tbk PT (B)(D) | &nbsp;&nbsp;1260900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Suryainti Permata Tbk PT (B)(D) | &nbsp;&nbsp;1446000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Truba Alam Manunggal Engineering PT (B)(D) | 11991500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Waskita Karya Persero Tbk PT (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;596656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339 |
| **Ireland - 0.5%** |  |  |
| PDD Holdings, Inc., ADR (B) | &nbsp;&nbsp;&nbsp;&nbsp;10212 | &nbsp;&nbsp;&nbsp;1349720 |
| **Israel - 0.1%** |  |  |
| ICL Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;32360 | &nbsp;&nbsp;&nbsp;&nbsp;202064 |
| **Japan - 0.2%** |  |  |
| Suzuki Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;45600 | &nbsp;&nbsp;&nbsp;&nbsp;663885 |
| **Luxembourg - 4.0%** |  |  |
| Millicom International Cellular SA | &nbsp;&nbsp;&nbsp;&nbsp;150707 | &nbsp;&nbsp;&nbsp;7315318 |
| Zabka Group SA (B) | &nbsp;&nbsp;&nbsp;&nbsp;552820 | &nbsp;&nbsp;&nbsp;3573905 |
|  |  | 10889223 |
| **Mexico - 8.0%** |  |  |
| America Movil SAB de CV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;196809 | &nbsp;&nbsp;&nbsp;4132989 |
| America Movil SAB de CV, Series B | &nbsp;&nbsp;6662800 | &nbsp;&nbsp;&nbsp;6992602 |
| Cemex SAB de CV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;55026 | &nbsp;&nbsp;&nbsp;&nbsp;494684 |
| Coca-Cola Femsa SAB de CV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8340 | &nbsp;&nbsp;&nbsp;&nbsp;693054 |
| Fibra Uno Administracion SA de CV | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;815682 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Mexico (continued)** |  |  |
| Genomma Lab Internacional SAB de CV, Class B | 187700 | $&nbsp;&nbsp;&nbsp;&nbsp;196991 |
| Grupo Comercial Chedraui SA de CV | &nbsp;&nbsp;81400 | &nbsp;&nbsp;&nbsp;&nbsp;646986 |
| Grupo Financiero Banorte SAB de CV, Series O | 533900 | &nbsp;&nbsp;&nbsp;5362177 |
| Grupo KUO SAB de CV, Series B | &nbsp;&nbsp;42698 | &nbsp;&nbsp;&nbsp;&nbsp;108415 |
| Kimberly-Clark de Mexico SAB de CV, Class A | 695000 | &nbsp;&nbsp;&nbsp;1463358 |
| Organizacion Soriana SAB de CV, Series B (B) | 178000 | &nbsp;&nbsp;&nbsp;&nbsp;242990 |
| Prologis Property Mexico SA de CV | &nbsp;&nbsp;65800 | &nbsp;&nbsp;&nbsp;&nbsp;269473 |
| Vista Energy SAB de CV, ADR (B) | &nbsp;&nbsp;&nbsp;4726 | &nbsp;&nbsp;&nbsp;&nbsp;162574 |
|  |  | 21581975 |
| **Peru - 3.5%** |  |  |
| Credicorp, Ltd. | &nbsp;&nbsp;35345 | &nbsp;&nbsp;&nbsp;9411667 |
| **Philippines - 0.0%** |  |  |
| Philtown Properties, Inc. (B)(D) | &nbsp;&nbsp;&nbsp;3844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Phoenix Petroleum Philippines, Inc. (B)(D) | &nbsp;&nbsp;22200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1272 |
| PNB Holdings Corp. (B)(D) | &nbsp;&nbsp;10246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1328 |
| **Portugal - 0.1%** |  |  |
| Jeronimo Martins SGPS SA | &nbsp;&nbsp;15765 | &nbsp;&nbsp;&nbsp;&nbsp;383803 |
| **Russia - 0.0%** |  |  |
| Gazprom PJSC, ADR (B)(D) | 196506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| LUKOIL PJSC, ADR (B)(D) | &nbsp;&nbsp;16379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Rosneft Oil Company PJSC, GDR (London Stock Exchange) (B)(D) | &nbsp;&nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| RusHydro PJSC, ADR (B)(D) | &nbsp;&nbsp;52278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| VTB Bank PJSC, GDR (B)(D) | &nbsp;&nbsp;86297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Saudi Arabia - 0.6%** |  |  |
| Al Rajhi Bank | &nbsp;&nbsp;31642 | &nbsp;&nbsp;&nbsp;&nbsp;904176 |
| Riyad Bank | &nbsp;&nbsp;61457 | &nbsp;&nbsp;&nbsp;&nbsp;445613 |
| SABIC Agri-Nutrients Company | &nbsp;&nbsp;&nbsp;6580 | &nbsp;&nbsp;&nbsp;&nbsp;209275 |
|  |  | &nbsp;&nbsp;&nbsp;1559064 |
| **Singapore - 3.0%** |  |  |
| DBS Group Holdings, Ltd. | 193800 | &nbsp;&nbsp;&nbsp;7685677 |
| Singapore Airlines, Ltd. | &nbsp;&nbsp;65300 | &nbsp;&nbsp;&nbsp;&nbsp;330118 |
|  |  | &nbsp;&nbsp;&nbsp;8015795 |
| **South Africa - 1.2%** |  |  |
| Absa Group, Ltd. | 149265 | &nbsp;&nbsp;&nbsp;1566441 |
| FirstRand, Ltd. | 340821 | &nbsp;&nbsp;&nbsp;1532395 |
|  |  | &nbsp;&nbsp;&nbsp;3098836 |
| **South Korea - 10.1%** |  |  |
| Coway Company, Ltd. | &nbsp;&nbsp;13904 | &nbsp;&nbsp;&nbsp;&nbsp;975861 |
| Dahaam E-Tec Company, Ltd. (B)(D) | &nbsp;&nbsp;&nbsp;2630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65420 |
| Hana Financial Group, Inc. | &nbsp;&nbsp;30586 | &nbsp;&nbsp;&nbsp;1901682 |
| Hyundai Mobis Company, Ltd. | &nbsp;&nbsp;14343 | &nbsp;&nbsp;&nbsp;3051543 |
| Hyundai Rotem Company, Ltd. | &nbsp;&nbsp;&nbsp;3483 | &nbsp;&nbsp;&nbsp;&nbsp;544465 |
| Jeil Savings Bank (B)(D) | &nbsp;&nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| KB Financial Group, Inc., ADR | &nbsp;&nbsp;17333 | &nbsp;&nbsp;&nbsp;1437079 |
| Korea Electric Power Corp. | &nbsp;&nbsp;58282 | &nbsp;&nbsp;&nbsp;1503720 |
| Korean Air Lines Company, Ltd. | &nbsp;&nbsp;78609 | &nbsp;&nbsp;&nbsp;1274539 |
| KT Corp. | &nbsp;&nbsp;14894 | &nbsp;&nbsp;&nbsp;&nbsp;536824 |
| KT Corp., ADR | &nbsp;&nbsp;34144 | &nbsp;&nbsp;&nbsp;&nbsp;665808 |
| Samsung Electro-Mechanics Company, Ltd. | &nbsp;&nbsp;14553 | &nbsp;&nbsp;&nbsp;2009103 |
| Samsung Electronics Company, Ltd. | 185426 | 11116345 |
| Samsung Electronics Company, Ltd., GDR (A) | &nbsp;&nbsp;&nbsp;&nbsp;654 | &nbsp;&nbsp;&nbsp;&nbsp;981936 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Disciplined Value Emerging Markets Equity Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **South Korea (continued)** |  |  |
| Samsung Fire & Marine Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3061 | $&nbsp;&nbsp;&nbsp;&nbsp;985279 |
|  |  | 27049604 |
| **Taiwan - 9.4%** |  |  |
| Eva Airways Corp. | &nbsp;&nbsp;181000 | &nbsp;&nbsp;&nbsp;&nbsp;227006 |
| Formosa Plastics Corp. | 1025000 | &nbsp;&nbsp;&nbsp;1299367 |
| Globalwafers Company, Ltd. | &nbsp;&nbsp;129000 | &nbsp;&nbsp;&nbsp;1986058 |
| Nan Ya Plastics Corp. | &nbsp;&nbsp;846000 | &nbsp;&nbsp;&nbsp;1098217 |
| Nanya Technology Corp. (B) | &nbsp;&nbsp;331000 | &nbsp;&nbsp;&nbsp;&nbsp;798027 |
| Prodisc Technology, Inc. (B)(D) | &nbsp;&nbsp;762000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Taiwan Kolin Company, Ltd. (B)(D) | &nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Taiwan Semiconductor Manufacturing Company, Ltd. | &nbsp;&nbsp;350000 | 15203235 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;13226 | &nbsp;&nbsp;&nbsp;3693890 |
| Tripod Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp;771970 |
| Wintek Corp. (B)(D) | &nbsp;&nbsp;543000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| WT Microelectronics Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;305432 |
|  |  | 25383202 |
| **Thailand - 1.2%** |  |  |
| Cal-Comp Electronics Thailand PCL | &nbsp;&nbsp;145292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24749 |
| Com7 PCL, NVDR | 1482800 | &nbsp;&nbsp;&nbsp;1179881 |
| CP ALL PCL, NVDR | &nbsp;&nbsp;519600 | &nbsp;&nbsp;&nbsp;&nbsp;757344 |
| Indorama Ventures PCL, NVDR | 1947100 | &nbsp;&nbsp;&nbsp;1348275 |
| Polyplex Thailand PCL | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4713 |
| Star Petroleum Refining PCL | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14758 |
|  |  | &nbsp;&nbsp;&nbsp;3329720 |
| **Turkey - 0.0%** |  |  |
| Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;54846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Uzel Makina Sanayii AS (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;22930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **United Arab Emirates - 1.9%** |  |  |
| Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;162142 | &nbsp;&nbsp;&nbsp;&nbsp;644323 |
| Abu Dhabi Islamic Bank PJSC | &nbsp;&nbsp;595776 | &nbsp;&nbsp;&nbsp;3536666 |
| Emaar Properties PJSC | &nbsp;&nbsp;274594 | &nbsp;&nbsp;&nbsp;&nbsp;976253 |
|  |  | &nbsp;&nbsp;&nbsp;5157242 |
| **United Kingdom - 2.8%** |  |  |
| AngloGold Ashanti PLC | &nbsp;&nbsp;&nbsp;&nbsp;30288 | &nbsp;&nbsp;&nbsp;2130155 |
| AngloGold Ashanti PLC (Johannesburg Stock Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;40430 | &nbsp;&nbsp;&nbsp;2822982 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;10014 | &nbsp;&nbsp;&nbsp;&nbsp;229881 |
| Pepco Group NV | &nbsp;&nbsp;324353 | &nbsp;&nbsp;&nbsp;2316228 |
|  |  | &nbsp;&nbsp;&nbsp;7499246 |
| **United States - 0.5%** |  |  |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1222 | &nbsp;&nbsp;&nbsp;1125022 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United States (continued)** |  |  |
| The Mosaic Company | &nbsp;&nbsp;&nbsp;&nbsp;8814 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305670 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1430692 |
| TOTAL COMMON STOCKS (Cost $212,152,017) | TOTAL COMMON STOCKS (Cost $212,152,017) | $249667784 |
| **PREFERRED SECURITIES - 3.9%** | **PREFERRED SECURITIES - 3.9%** |  |
| **Brazil - 1.4%** |  |  |
| Banco Bradesco SA | &nbsp;&nbsp;481700 | &nbsp;&nbsp;&nbsp;&nbsp;1601066 |
| Itau Unibanco Holding SA | &nbsp;&nbsp;302300 | &nbsp;&nbsp;&nbsp;&nbsp;2219148 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3820214 |
| **Colombia - 0.2%** |  |  |
| Grupo Cibest SA | &nbsp;&nbsp;&nbsp;&nbsp;35604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463706 |
| **Philippines - 0.0%** |  |  |
| Cebu Air, Inc., 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;4989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063 |
| **South Korea - 2.3%** |  |  |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;128319 | &nbsp;&nbsp;&nbsp;&nbsp;6090149 |
| TOTAL PREFERRED SECURITIES (Cost $8,305,766) | TOTAL PREFERRED SECURITIES (Cost $8,305,766) | $&nbsp;&nbsp;&nbsp;10377132 |
| **SHORT-TERM INVESTMENTS - 2.5%** | **SHORT-TERM INVESTMENTS - 2.5%** |  |
| **Short-term funds - 2.5%** |  |  |
| Fidelity Government Portfolio, Institutional Class, 4.0743% (E) | 6248741 | &nbsp;&nbsp;&nbsp;&nbsp;6248741 |
| John Hancock Collateral Trust, 4.0668% (E)(F) | &nbsp;&nbsp;&nbsp;&nbsp;57255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572749 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $6,821,487) | TOTAL SHORT-TERM INVESTMENTS (Cost $6,821,487) | $&nbsp;&nbsp;&nbsp;&nbsp;6821490 |
| **Total Investments (Disciplined Value Emerging Markets Equity Trust)<br> (Cost $227,279,270) - 99.3%** | **Total Investments (Disciplined Value Emerging Markets Equity Trust)<br> (Cost $227,279,270) - 99.3%** | $**266866406** |
| **Other assets and liabilities, net - 0.7%** | **Other assets and liabilities, net - 0.7%** | &nbsp;&nbsp;&nbsp;&nbsp;**1798613** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**268665019** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| GDR | Global Depositary Receipt |
| NVDR | Non-Voting Depositary Receipt |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
| (B) | Non-income producing security. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $561,340. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### DERIVATIVES

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** |
| **Pay/<br> receive<br> total<br> return\*** | &nbsp;&nbsp;**Reference<br> entity** | &nbsp;&nbsp;**Floating/<br> fixed<br> rate** | &nbsp;&nbsp;**Payment<br> frequency** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Counterparty<br> (OTC)** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| Receive | &nbsp;&nbsp;Jeronimo Martins SGPS SA | &nbsp;&nbsp;EUR ESTR Compounded OIS + 0.35% | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;EUR | &nbsp;&nbsp;209186 | &nbsp;&nbsp;Dec 2027 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;— | &nbsp;&nbsp;$(12059) | &nbsp;&nbsp;$(12059) |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$(12059)** | &nbsp;&nbsp;**$(12059)** |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Disciplined Value Emerging Markets Equity Trust (continued)<br>
\* Fund will pay or receive the total return of the reference asset depending on whether the return is positive or negative. For contracts where the fund has elected to receive the total return of the reference asset if positive, it will be responsible for paying the floating rate and the total return of the reference asset if negative. If the fund has elected to pay the total return of the reference asset if positive, it will receive the floating rate and the total return of the reference asset if negative.

<u>Derivatives Currency Abbreviations</u> <br> EUR Euro

---

| | |
|:---|:---|
| <u>Derivatives Abbreviations</u> | <u>Derivatives Abbreviations</u> |
| ESTR | Euro Short-Term Rate |
| HSBC | HSBC Bank PLC |
| OIS | Overnight Index Swap |
| OTC | Over-the-counter |

---

#### Disciplined Value International Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS - 96.4%** | **COMMON STOCKS - 96.4%** |  |
| **Australia - 1.8%** |  |  |
| Rio Tinto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71762 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5788536 |
| **Austria - 0.5%** |  |  |
| ANDRITZ AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678524 |
| **Bermuda - 3.2%** |  |  |
| Everest Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4382078 |
| Hiscox, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5825778 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10207856 |
| **Brazil - 0.8%** |  |  |
| Itau Unibanco Holding SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2476685 |
| **Canada - 5.1%** |  |  |
| Allied Gold Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969349 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2169063 |
| Hammond Power Solutions, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816768 |
| Kinross Gold Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765082 |
| Nutrien, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5423532 |
| Teck Resources, Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5162118 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16305912 |
| **China - 2.9%** |  |  |
| Alibaba Group Holding, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7559066 |
| Tongcheng Travel Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1634192 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9193258 |
| **Denmark - 3.2%** |  |  |
| Danske Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6994253 |
| Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3422861 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10417114 |
| **Finland - 0.9%** |  |  |
| Nordea Bank ABP (Nasdaq Stockholm Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3010718 |
| **France - 9.3%** |  |  |
| Bureau Veritas SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580418 |
| Capgemini SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4285014 |
| Eurazeo SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1625139 |
| Ipsen SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772988 |
| Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1864561 |
| Rexel SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3034376 |
| Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3830285 |
| SPIE SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2944094 |
| Vallourec SACA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5823641 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29760516 |
| **Germany - 1.4%** |  |  |
| Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432257 |
| Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3148491 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580748 |
| **Hong Kong - 2.3%** |  |  |
| CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056404 |
| Prudential PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5474980 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7531384 |

---

#### Disciplined Value International Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **India - 1.3%** |  |  |
| HDFC Bank, Ltd., ADR | &nbsp;&nbsp;119218 | $&nbsp;&nbsp;&nbsp;4072487 |
| **Ireland - 0.7%** |  |  |
| AIB Group PLC | &nbsp;&nbsp;257660 | &nbsp;&nbsp;&nbsp;2349025 |
| **Italy - 3.3%** |  |  |
| Enel SpA | &nbsp;&nbsp;608403 | &nbsp;&nbsp;&nbsp;5765569 |
| Saipem SpA | 1627658 | &nbsp;&nbsp;&nbsp;4711853 |
|  |  | 10477422 |
| **Japan - 16.2%** |  |  |
| Asahi Group Holdings, Ltd. | &nbsp;&nbsp;168900 | &nbsp;&nbsp;&nbsp;2024930 |
| Fuji Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;79500 | &nbsp;&nbsp;&nbsp;5329181 |
| Hirose Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;15700 | &nbsp;&nbsp;&nbsp;1953045 |
| Hitachi, Ltd. | &nbsp;&nbsp;122200 | &nbsp;&nbsp;&nbsp;3237453 |
| IHI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;77700 | &nbsp;&nbsp;&nbsp;1447106 |
| Japan Post Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;586659 |
| Kyocera Corp. | &nbsp;&nbsp;259900 | &nbsp;&nbsp;&nbsp;3491416 |
| Mitsubishi Chemical Group Corp. (B) | &nbsp;&nbsp;422700 | &nbsp;&nbsp;&nbsp;2428051 |
| Mitsubishi Electric Corp. | &nbsp;&nbsp;178600 | &nbsp;&nbsp;&nbsp;4587114 |
| Resona Holdings, Inc. | &nbsp;&nbsp;275400 | &nbsp;&nbsp;&nbsp;2808336 |
| Sony Group Corp. | &nbsp;&nbsp;159300 | &nbsp;&nbsp;&nbsp;4579350 |
| Sugi Holdings Company, Ltd. | &nbsp;&nbsp;107300 | &nbsp;&nbsp;&nbsp;2587407 |
| Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;6442424 |
| Suzuken Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;64100 | &nbsp;&nbsp;&nbsp;2519266 |
| Suzuki Motor Corp. | &nbsp;&nbsp;275900 | &nbsp;&nbsp;&nbsp;4016795 |
| THK Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;43800 | &nbsp;&nbsp;&nbsp;1209126 |
| Toyo Suisan Kaisha, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;38100 | &nbsp;&nbsp;&nbsp;2721849 |
| Toyo Tire Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp;241601 |
|  |  | 52211109 |
| **Luxembourg - 0.6%** |  |  |
| Millicom International Cellular SA | &nbsp;&nbsp;&nbsp;&nbsp;37108 | &nbsp;&nbsp;&nbsp;1801222 |
| **Mexico - 2.0%** |  |  |
| America Movil SAB de CV, ADR | &nbsp;&nbsp;122181 | &nbsp;&nbsp;&nbsp;2565801 |
| Coca-Cola Femsa SAB de CV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;46896 | &nbsp;&nbsp;&nbsp;3897058 |
|  |  | &nbsp;&nbsp;&nbsp;6462859 |
| **Netherlands - 5.4%** |  |  |
| Euronext NV (C) | &nbsp;&nbsp;&nbsp;&nbsp;25840 | &nbsp;&nbsp;&nbsp;3868555 |
| Heineken NV | &nbsp;&nbsp;&nbsp;&nbsp;98667 | &nbsp;&nbsp;&nbsp;7726538 |
| IMCD NV | &nbsp;&nbsp;&nbsp;&nbsp;14546 | &nbsp;&nbsp;&nbsp;1507660 |
| Prosus NV (A) | &nbsp;&nbsp;&nbsp;&nbsp;58206 | &nbsp;&nbsp;&nbsp;4116049 |
|  |  | 17218802 |
| **Norway - 0.8%** |  |  |
| Norsk Hydro ASA | &nbsp;&nbsp;389076 | &nbsp;&nbsp;&nbsp;2645374 |
| **South Korea - 9.6%** |  |  |
| HD Korea Shipbuilding & Offshore Engineering Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9286 | &nbsp;&nbsp;&nbsp;2720978 |
| KB Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30078 | &nbsp;&nbsp;&nbsp;2482513 |
| KT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82551 | &nbsp;&nbsp;&nbsp;2975384 |
| KT Corp., ADR | &nbsp;&nbsp;101165 | &nbsp;&nbsp;&nbsp;1972718 |
| NAVER Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35550 | &nbsp;&nbsp;&nbsp;6821570 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Disciplined Value International Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **South Korea (continued)** |  |  |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;150020 | $&nbsp;&nbsp;&nbsp;&nbsp;8993745 |
| Samsung Fire & Marine Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9247 | &nbsp;&nbsp;&nbsp;&nbsp;2976437 |
| SK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11662 | &nbsp;&nbsp;&nbsp;&nbsp;1746518 |
|  |  | &nbsp;&nbsp;&nbsp;30689863 |
| **Spain - 2.6%** |  |  |
| Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;279417 | &nbsp;&nbsp;&nbsp;&nbsp;5384279 |
| Banco Santander SA | &nbsp;&nbsp;293670 | &nbsp;&nbsp;&nbsp;&nbsp;3081874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8466153 |
| **Switzerland - 2.8%** |  |  |
| Novartis AG | &nbsp;&nbsp;&nbsp;&nbsp;35554 | &nbsp;&nbsp;&nbsp;&nbsp;4571474 |
| Sandoz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;76239 | &nbsp;&nbsp;&nbsp;&nbsp;4547097 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9118571 |
| **United Kingdom - 19.7%** |  |  |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;&nbsp;39882 | &nbsp;&nbsp;&nbsp;&nbsp;6109962 |
| Babcock International Group PLC | &nbsp;&nbsp;385352 | &nbsp;&nbsp;&nbsp;&nbsp;6932667 |
| BAE Systems PLC | &nbsp;&nbsp;346774 | &nbsp;&nbsp;&nbsp;&nbsp;9652945 |
| Beazley PLC | &nbsp;&nbsp;319108 | &nbsp;&nbsp;&nbsp;&nbsp;3902680 |
| Diageo PLC | &nbsp;&nbsp;173577 | &nbsp;&nbsp;&nbsp;&nbsp;4153292 |
| Endeavour Mining PLC | &nbsp;&nbsp;&nbsp;&nbsp;83362 | &nbsp;&nbsp;&nbsp;&nbsp;3501719 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;230701 | &nbsp;&nbsp;&nbsp;&nbsp;5295974 |
| IMI PLC | &nbsp;&nbsp;&nbsp;&nbsp;41070 | &nbsp;&nbsp;&nbsp;&nbsp;1268520 |
| Informa PLC | &nbsp;&nbsp;212535 | &nbsp;&nbsp;&nbsp;&nbsp;2632519 |
| NatWest Group PLC | &nbsp;&nbsp;606405 | &nbsp;&nbsp;&nbsp;&nbsp;4283251 |
| Nomad Foods, Ltd. (B) | &nbsp;&nbsp;234817 | &nbsp;&nbsp;&nbsp;&nbsp;3087844 |
| Shell PLC | &nbsp;&nbsp;&nbsp;&nbsp;87061 | &nbsp;&nbsp;&nbsp;&nbsp;3102940 |
| The Weir Group PLC | &nbsp;&nbsp;252049 | &nbsp;&nbsp;&nbsp;&nbsp;9297409 |
|  |  | &nbsp;&nbsp;&nbsp;63221722 |
| TOTAL COMMON STOCKS (Cost $259,995,458) | TOTAL COMMON STOCKS (Cost $259,995,458) | $309685860 |
| **SHORT-TERM INVESTMENTS - 3.0%** | **SHORT-TERM INVESTMENTS - 3.0%** |  |
| **Short-term funds - 3.0%** |  |  |
| Fidelity Government Portfolio, Institutional Class, 4.0740% (D) | 7816285 | &nbsp;&nbsp;&nbsp;&nbsp;7816285 |
| John Hancock Collateral Trust, 4.0668% (D)(E) | &nbsp;&nbsp;199892 | &nbsp;&nbsp;&nbsp;&nbsp;1999599 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $9,815,968) | TOTAL SHORT-TERM INVESTMENTS (Cost $9,815,968) | $&nbsp;&nbsp;&nbsp;&nbsp;9815884 |
| **Total Investments (Disciplined Value International Trust)<br> (Cost $269,811,426) - 99.4%** | **Total Investments (Disciplined Value International Trust)<br> (Cost $269,811,426) - 99.4%** | $**319501744** |
| **Other assets and liabilities, net - 0.6%** | **Other assets and liabilities, net - 0.6%** | &nbsp;&nbsp;&nbsp;&nbsp;**1892948** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**321394692** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $3,136,294. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $1,263,489 in the form of U.S. Treasuries was pledged to the fund. |
| (C) | 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. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Equity Income Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 97.9%** | **COMMON STOCKS – 97.9%** |  |
| **Communication services – 6.2%** |  |  |
| **Diversified telecommunication services – 0.1%** | **Diversified telecommunication services – 0.1%** |  |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27136 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192627 |
| **Entertainment – 1.0%** | **Entertainment – 1.0%** |  |
| The Walt Disney Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8368462 |
| **Interactive media and services – 3.5%** | **Interactive media and services – 3.5%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13695768 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10647519 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5306630 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29649917 |
| **Media – 1.5%** | **Media – 1.5%** |  |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4153441 |
| News Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8095678 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12249119 |
| **Wireless telecommunication services – 0.1%** | **Wireless telecommunication services – 0.1%** |  |
| T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1096360 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52556485 |
| **Consumer discretionary – 4.1%** |  |  |
| **Broadline retail – 1.5%** | **Broadline retail – 1.5%** |  |
| Amazon.com, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12995031 |
| **Hotels, restaurants and leisure – 1.3%** | **Hotels, restaurants and leisure – 1.3%** |  |
| Las Vegas Sands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10695980 |
| **Leisure products – 0.3%** | **Leisure products – 0.3%** |  |
| Mattel, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2872427 |
| **Specialty retail – 1.0%** | **Specialty retail – 1.0%** |  |
| The Home Depot, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8032487 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34595925 |
| **Consumer staples – 7.9%** |  |  |
| **Beverages – 0.1%** | **Beverages – 0.1%** |  |
| Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535940 |
| **Consumer staples distribution and retail – 0.8%** | **Consumer staples distribution and retail – 0.8%** |  |
| Dollar General Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2080849 |
| Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4537938 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6618787 |
| **Food products – 1.0%** | **Food products – 1.0%** |  |
| Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1987258 |
| Tyson Foods, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6171141 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8158399 |
| **Household products – 3.8%** | **Household products – 3.8%** |  |
| Colgate-Palmolive Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9479045 |
| Kimberly-Clark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13490641 |
| The Procter & Gamble Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9276004 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32245690 |
| **Personal care products – 1.0%** | **Personal care products – 1.0%** |  |
| Kenvue, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8615728 |
| **Tobacco – 1.2%** | **Tobacco – 1.2%** |  |
| Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10647619 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66822163 |
| **Energy – 8.8%** |  |  |
| **Energy equipment and services – 0.6%** | **Energy equipment and services – 0.6%** |  |
| Schlumberger, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5107451 |
| **Oil, gas and consumable fuels – 8.2%** | **Oil, gas and consumable fuels – 8.2%** |  |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6420620 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11430445 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2915568 |
| EQT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3494569 |
| Expand Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5215747 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10367363 |
| Phillips 66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4024696 |
| South Bow Corp. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3254417 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Equity Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| TC Energy Corp. | &nbsp;&nbsp;74487 | $&nbsp;&nbsp;&nbsp;&nbsp;4052838 |
| The Williams Companies, Inc. | &nbsp;&nbsp;73657 | &nbsp;&nbsp;&nbsp;&nbsp;4666171 |
| TotalEnergies SE | 183089 | &nbsp;&nbsp;&nbsp;11151697 |
| TotalEnergies SE, ADR (B) | &nbsp;&nbsp;29915 | &nbsp;&nbsp;&nbsp;&nbsp;1785626 |
|  |  | &nbsp;&nbsp;&nbsp;68779757 |
|  |  | &nbsp;&nbsp;&nbsp;73887208 |
| **Financials – 22.6%** |  |  |
| **Banks – 10.1%** | **Banks – 10.1%** |  |
| Bank of America Corp. | 245727 | &nbsp;&nbsp;&nbsp;12677056 |
| Citigroup, Inc. | 162563 | &nbsp;&nbsp;&nbsp;16500145 |
| Fifth Third Bancorp | 189333 | &nbsp;&nbsp;&nbsp;&nbsp;8434785 |
| Huntington Bancshares, Inc. | 517264 | &nbsp;&nbsp;&nbsp;&nbsp;8933149 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;51470 | &nbsp;&nbsp;&nbsp;16235182 |
| U.S. Bancorp | 200478 | &nbsp;&nbsp;&nbsp;&nbsp;9689102 |
| Wells Fargo & Company | 156878 | &nbsp;&nbsp;&nbsp;13149514 |
|  |  | &nbsp;&nbsp;&nbsp;85618933 |
| **Capital markets – 2.6%** | **Capital markets – 2.6%** |  |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;9273 | &nbsp;&nbsp;&nbsp;&nbsp;1474036 |
| State Street Corp. | &nbsp;&nbsp;38771 | &nbsp;&nbsp;&nbsp;&nbsp;4497824 |
| The Charles Schwab Corp. | 169980 | &nbsp;&nbsp;&nbsp;16227991 |
|  |  | &nbsp;&nbsp;&nbsp;22199851 |
| **Financial services – 2.6%** | **Financial services – 2.6%** |  |
| Apollo Global Management, Inc. | &nbsp;&nbsp;15201 | &nbsp;&nbsp;&nbsp;&nbsp;2025837 |
| Corebridge Financial, Inc. | 100035 | &nbsp;&nbsp;&nbsp;&nbsp;3206122 |
| Equitable Holdings, Inc. | 211669 | &nbsp;&nbsp;&nbsp;10748552 |
| Fiserv, Inc. (A) | &nbsp;&nbsp;37404 | &nbsp;&nbsp;&nbsp;&nbsp;4822498 |
| Global Payments, Inc. | &nbsp;&nbsp;12794 | &nbsp;&nbsp;&nbsp;&nbsp;1062926 |
|  |  | &nbsp;&nbsp;&nbsp;21865935 |
| **Insurance – 7.3%** | **Insurance – 7.3%** |  |
| American International Group, Inc. | 127434 | &nbsp;&nbsp;&nbsp;10008666 |
| Chubb, Ltd. | &nbsp;&nbsp;37061 | &nbsp;&nbsp;&nbsp;10460467 |
| Loews Corp. | &nbsp;&nbsp;91701 | &nbsp;&nbsp;&nbsp;&nbsp;9205863 |
| MetLife, Inc. | 224167 | &nbsp;&nbsp;&nbsp;18464631 |
| The Allstate Corp. | &nbsp;&nbsp;26154 | &nbsp;&nbsp;&nbsp;&nbsp;5613956 |
| The Hartford Insurance Group, Inc. | &nbsp;&nbsp;57079 | &nbsp;&nbsp;&nbsp;&nbsp;7613768 |
|  |  | &nbsp;&nbsp;&nbsp;61367351 |
|  |  | 191052070 |
| **Health care – 12.9%** |  |  |
| **Biotechnology – 0.3%** | **Biotechnology – 0.3%** |  |
| Biogen, Inc. (A) | &nbsp;&nbsp;16193 | &nbsp;&nbsp;&nbsp;&nbsp;2268315 |
| **Health care equipment and supplies – 3.7%** | **Health care equipment and supplies – 3.7%** |  |
| Becton, Dickinson and Company | &nbsp;&nbsp;63982 | &nbsp;&nbsp;&nbsp;11975511 |
| Medtronic PLC | &nbsp;&nbsp;79857 | &nbsp;&nbsp;&nbsp;&nbsp;7605581 |
| Zimmer Biomet Holdings, Inc. | 122740 | &nbsp;&nbsp;&nbsp;12089890 |
|  |  | &nbsp;&nbsp;&nbsp;31670982 |
| **Health care providers and services – 4.8%** | **Health care providers and services – 4.8%** |  |
| Cardinal Health, Inc. | &nbsp;&nbsp;&nbsp;3709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582165 |
| CVS Health Corp. | 155330 | &nbsp;&nbsp;&nbsp;11710329 |
| Elevance Health, Inc. | &nbsp;&nbsp;36202 | &nbsp;&nbsp;&nbsp;11697590 |
| Humana, Inc. | &nbsp;&nbsp;&nbsp;4766 | &nbsp;&nbsp;&nbsp;&nbsp;1239970 |
| The Cigna Group | &nbsp;&nbsp;27398 | &nbsp;&nbsp;&nbsp;&nbsp;7897474 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;22007 | &nbsp;&nbsp;&nbsp;&nbsp;7599017 |
|  |  | &nbsp;&nbsp;&nbsp;40726545 |
| **Life sciences tools and services – 0.5%** | **Life sciences tools and services – 0.5%** |  |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;8710 | &nbsp;&nbsp;&nbsp;&nbsp;4224524 |
| **Pharmaceuticals – 3.6%** | **Pharmaceuticals – 3.6%** |  |
| AstraZeneca PLC, ADR | &nbsp;&nbsp;70523 | &nbsp;&nbsp;&nbsp;&nbsp;5410525 |
| Bristol-Myers Squibb Company | &nbsp;&nbsp;75849 | &nbsp;&nbsp;&nbsp;&nbsp;3420790 |
| Johnson & Johnson | &nbsp;&nbsp;19565 | &nbsp;&nbsp;&nbsp;&nbsp;3627742 |
| Merck & Company, Inc. | &nbsp;&nbsp;74915 | &nbsp;&nbsp;&nbsp;&nbsp;6287616 |
| Sanofi SA | &nbsp;&nbsp;35705 | &nbsp;&nbsp;&nbsp;&nbsp;3381048 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Sanofi SA, ADR | &nbsp;&nbsp;39223 | $&nbsp;&nbsp;&nbsp;&nbsp;1851326 |
| Viatris, Inc. | 631711 | &nbsp;&nbsp;&nbsp;&nbsp;6253939 |
|  |  | &nbsp;&nbsp;&nbsp;30232986 |
|  |  | 109123352 |
| **Industrials – 13.2%** |  |  |
| **Aerospace and defense – 4.4%** | **Aerospace and defense – 4.4%** |  |
| General Electric Company | &nbsp;&nbsp;34838 | &nbsp;&nbsp;&nbsp;10479967 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;50849 | &nbsp;&nbsp;&nbsp;15529793 |
| The Boeing Company (A) | &nbsp;&nbsp;53608 | &nbsp;&nbsp;&nbsp;11570215 |
|  |  | &nbsp;&nbsp;&nbsp;37579975 |
| **Air freight and logistics – 0.7%** | **Air freight and logistics – 0.7%** |  |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp;66205 | &nbsp;&nbsp;&nbsp;&nbsp;5530104 |
| **Electrical equipment – 0.7%** | **Electrical equipment – 0.7%** |  |
| Rockwell Automation, Inc. | &nbsp;&nbsp;16942 | &nbsp;&nbsp;&nbsp;&nbsp;5921737 |
| **Ground transportation – 1.9%** | **Ground transportation – 1.9%** |  |
| CSX Corp. | 237916 | &nbsp;&nbsp;&nbsp;&nbsp;8448397 |
| Norfolk Southern Corp. | &nbsp;&nbsp;&nbsp;5769 | &nbsp;&nbsp;&nbsp;&nbsp;1733065 |
| Union Pacific Corp. | &nbsp;&nbsp;24112 | &nbsp;&nbsp;&nbsp;&nbsp;5699353 |
|  |  | &nbsp;&nbsp;&nbsp;15880815 |
| **Industrial conglomerates – 1.5%** | **Industrial conglomerates – 1.5%** |  |
| 3M Company | &nbsp;&nbsp;11526 | &nbsp;&nbsp;&nbsp;&nbsp;1788605 |
| Siemens AG | &nbsp;&nbsp;40663 | &nbsp;&nbsp;&nbsp;10978115 |
|  |  | &nbsp;&nbsp;&nbsp;12766720 |
| **Machinery – 3.0%** | **Machinery – 3.0%** |  |
| AGCO Corp. | &nbsp;&nbsp;34312 | &nbsp;&nbsp;&nbsp;&nbsp;3673786 |
| Cummins, Inc. | &nbsp;&nbsp;10699 | &nbsp;&nbsp;&nbsp;&nbsp;4518937 |
| Dover Corp. | &nbsp;&nbsp;10366 | &nbsp;&nbsp;&nbsp;&nbsp;1729360 |
| Fortive Corp. | 112978 | &nbsp;&nbsp;&nbsp;&nbsp;5534792 |
| Stanley Black & Decker, Inc. | 138854 | &nbsp;&nbsp;&nbsp;10321018 |
|  |  | &nbsp;&nbsp;&nbsp;25777893 |
| **Passenger airlines – 1.0%** | **Passenger airlines – 1.0%** |  |
| Southwest Airlines Company | 264003 | &nbsp;&nbsp;&nbsp;&nbsp;8424336 |
|  |  | 111881580 |
| **Information technology – 9.2%** |  |  |
| **Electronic equipment, instruments and components – 0.5%** | **Electronic equipment, instruments and components – 0.5%** |  |
| Ralliant Corp. | &nbsp;&nbsp;62132 | &nbsp;&nbsp;&nbsp;&nbsp;2717032 |
| TE Connectivity PLC | &nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp;1413115 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4130147 |
| **IT services – 0.6%** | **IT services – 0.6%** |  |
| Accenture PLC, Class A | &nbsp;&nbsp;21374 | &nbsp;&nbsp;&nbsp;&nbsp;5270828 |
| **Semiconductors and semiconductor equipment – 4.8%** | **Semiconductors and semiconductor equipment – 4.8%** |  |
| Advanced Micro Devices, Inc. (A) | &nbsp;&nbsp;27274 | &nbsp;&nbsp;&nbsp;&nbsp;4412660 |
| Applied Materials, Inc. | &nbsp;&nbsp;31250 | &nbsp;&nbsp;&nbsp;&nbsp;6398125 |
| Intel Corp. (A) | 135931 | &nbsp;&nbsp;&nbsp;&nbsp;4560485 |
| Qualcomm, Inc. | 104838 | &nbsp;&nbsp;&nbsp;17440850 |
| Texas Instruments, Inc. | &nbsp;&nbsp;42010 | &nbsp;&nbsp;&nbsp;&nbsp;7718497 |
|  |  | &nbsp;&nbsp;&nbsp;40530617 |
| **Software – 2.2%** | **Software – 2.2%** |  |
| Adobe, Inc. (A) | &nbsp;&nbsp;&nbsp;2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719963 |
| Microsoft Corp. | &nbsp;&nbsp;17086 | &nbsp;&nbsp;&nbsp;&nbsp;8849694 |
| Salesforce, Inc. | &nbsp;&nbsp;38337 | &nbsp;&nbsp;&nbsp;&nbsp;9085869 |
|  |  | &nbsp;&nbsp;&nbsp;18655526 |
| **Technology hardware, storage and peripherals – 1.1%** | **Technology hardware, storage and peripherals – 1.1%** |  |
| Samsung Electronics Company, Ltd. | 158218 | &nbsp;&nbsp;&nbsp;&nbsp;9485217 |
|  |  | &nbsp;&nbsp;&nbsp;78072335 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Equity Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Materials – 3.1%** |  |  |
| **Chemicals – 1.2%** | **Chemicals – 1.2%** |  |
| CF Industries Holdings, Inc. | 113689 | $&nbsp;&nbsp;&nbsp;10197903 |
| **Containers and packaging – 1.5%** | **Containers and packaging – 1.5%** |  |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;8651 | &nbsp;&nbsp;&nbsp;&nbsp;1402933 |
| International Paper Company | 235421 | &nbsp;&nbsp;&nbsp;10923534 |
|  |  | &nbsp;&nbsp;&nbsp;12326467 |
| **Paper and forest products – 0.4%** | **Paper and forest products – 0.4%** |  |
| West Fraser Timber Company, Ltd. (B) | &nbsp;&nbsp;46056 | &nbsp;&nbsp;&nbsp;&nbsp;3130887 |
|  |  | &nbsp;&nbsp;&nbsp;25655257 |
| **Real estate – 3.7%** |  |  |
| **Industrial REITs – 0.6%** | **Industrial REITs – 0.6%** |  |
| Rexford Industrial Realty, Inc. | 129550 | &nbsp;&nbsp;&nbsp;&nbsp;5325801 |
| **Residential REITs – 1.5%** | **Residential REITs – 1.5%** |  |
| Equity Residential | 178448 | &nbsp;&nbsp;&nbsp;11550939 |
| Sun Communities, Inc. | &nbsp;&nbsp;11505 | &nbsp;&nbsp;&nbsp;&nbsp;1484145 |
|  |  | &nbsp;&nbsp;&nbsp;13035084 |
| **Specialized REITs – 1.6%** | **Specialized REITs – 1.6%** |  |
| CubeSmart | &nbsp;&nbsp;&nbsp;5343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217246 |
| Rayonier, Inc. | 189331 | &nbsp;&nbsp;&nbsp;&nbsp;5024845 |
| Weyerhaeuser Company | 321556 | &nbsp;&nbsp;&nbsp;&nbsp;7971373 |
|  |  | &nbsp;&nbsp;&nbsp;13213464 |
|  |  | &nbsp;&nbsp;&nbsp;31574349 |
| **Utilities – 6.2%** |  |  |
| **Electric utilities – 3.5%** | **Electric utilities – 3.5%** |  |
| Alliant Energy Corp. | &nbsp;&nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222925 |
| NextEra Energy, Inc. | &nbsp;&nbsp;91674 | &nbsp;&nbsp;&nbsp;&nbsp;6920470 |
| PG&E Corp. | &nbsp;&nbsp;31380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473210 |
| The Southern Company | 191149 | &nbsp;&nbsp;&nbsp;18115191 |
| Xcel Energy, Inc. | &nbsp;&nbsp;47487 | &nbsp;&nbsp;&nbsp;&nbsp;3829827 |
|  |  | &nbsp;&nbsp;&nbsp;29561623 |
| **Multi-utilities – 2.7%** | **Multi-utilities – 2.7%** |  |
| Ameren Corp. | &nbsp;&nbsp;97716 | &nbsp;&nbsp;&nbsp;10199596 |
| Dominion Energy, Inc. | &nbsp;&nbsp;74174 | &nbsp;&nbsp;&nbsp;&nbsp;4537224 |
| Sempra | &nbsp;&nbsp;91274 | &nbsp;&nbsp;&nbsp;&nbsp;8212835 |
|  |  | &nbsp;&nbsp;&nbsp;22949655 |
|  |  | &nbsp;&nbsp;&nbsp;52511278 |
| TOTAL COMMON STOCKS (Cost $675,265,532) | TOTAL COMMON STOCKS (Cost $675,265,532) | $827732002 |
| **PREFERRED SECURITIES – 0.9%** |  |  |
| **Consumer discretionary – 0.4%** |  |  |
| **Automobiles – 0.4%** | **Automobiles – 0.4%** |  |
| Volkswagen AG | &nbsp;&nbsp;33466 | &nbsp;&nbsp;&nbsp;&nbsp;3627369 |
| **Industrials – 0.5%** |  |  |
| **Aerospace and defense – 0.5%** | **Aerospace and defense – 0.5%** |  |
| The Boeing Company, 6.000% | &nbsp;&nbsp;59174 | &nbsp;&nbsp;&nbsp;&nbsp;4116735 |
| TOTAL PREFERRED SECURITIES (Cost $7,241,965) | TOTAL PREFERRED SECURITIES (Cost $7,241,965) | $&nbsp;&nbsp;&nbsp;&nbsp;7744104 |
| **SHORT-TERM INVESTMENTS – 1.9%** | **SHORT-TERM INVESTMENTS – 1.9%** |  |
| **Short-term funds – 1.9%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 650733 | &nbsp;&nbsp;&nbsp;&nbsp;6509544 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** |  |
| **Short-term funds (continued)** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (C) | 3010206 | $&nbsp;&nbsp;&nbsp;&nbsp;3010206 |
| T. Rowe Price Government Reserve Fund, 4.1621% (C) | 6486010 | &nbsp;&nbsp;&nbsp;&nbsp;6486010 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $16,005,631) | TOTAL SHORT-TERM INVESTMENTS (Cost $16,005,631) | $&nbsp;&nbsp;&nbsp;16005760 |
| **Total Investments (Equity Income Trust)<br> (Cost $698,513,128) – 100.7%** | **Total Investments (Equity Income Trust)<br> (Cost $698,513,128) – 100.7%** | $**851481866** |
| **Other assets and liabilities, net – (0.7%)** | **Other assets and liabilities, net – (0.7%)** | &nbsp;&nbsp;&nbsp;**(5643287)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**845838579** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $6,289,717. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Financial Industries Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 99.4%** | **COMMON STOCKS – 99.4%** |  |
| **Financials – 99.4%** |  |  |
| **Banks – 47.6%** | **Banks – 47.6%** |  |
| American Business Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29712 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1626138 |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6119915 |
| Bank of Ireland Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2218019 |
| CaixaBank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2139379 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5863554 |
| Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4373261 |
| Coastal Financial Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123562 |
| Columbia Banking System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3380717 |
| Dime Community Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1084589 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6324686 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4157925 |
| Old National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2806812 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062817 |
| Popular, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2780376 |
| Regions Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4990575 |
| Renasant Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859426 |
| Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765988 |
| Synovus Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3044432 |
| Wells Fargo & Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5027188 |
| Zions Bancorp NA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2721159 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65470518 |
| **Capital markets – 22.7%** | **Capital markets – 22.7%** |  |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1929630 |
| Ares Management Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2640104 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394172 |
| KKR & Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2446829 |
| Marex Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1729917 |
| Miami International Holdings, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522655 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4723655 |
| Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4411267 |
| Partners Group Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103924 |
| The Carlyle Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4186793 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Financial Industries Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Capital markets (continued)** | **Capital markets (continued)** |  |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;6354 | $&nbsp;&nbsp;&nbsp;&nbsp;5060008 |
|  |  | &nbsp;&nbsp;&nbsp;31148954 |
| **Consumer finance – 4.8%** | **Consumer finance – 4.8%** |  |
| American Express Company | &nbsp;&nbsp;6161 | &nbsp;&nbsp;&nbsp;&nbsp;2046438 |
| Capital One Financial Corp. | 21648 | &nbsp;&nbsp;&nbsp;&nbsp;4601932 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6648370 |
| **Financial services – 5.8%** | **Financial services – 5.8%** |  |
| Equitable Holdings, Inc. | 26180 | &nbsp;&nbsp;&nbsp;&nbsp;1329420 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;5725 | &nbsp;&nbsp;&nbsp;&nbsp;3256437 |
| Visa, Inc., Class A | 10025 | &nbsp;&nbsp;&nbsp;&nbsp;3422335 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8008192 |
| **Insurance – 18.5%** | **Insurance – 18.5%** |  |
| American Integrity Insurance Group, Inc. (A) | 64530 | &nbsp;&nbsp;&nbsp;&nbsp;1439664 |
| American International Group, Inc. | 26829 | &nbsp;&nbsp;&nbsp;&nbsp;2107150 |
| Aon PLC, Class A | 11082 | &nbsp;&nbsp;&nbsp;&nbsp;3951620 |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;7239 | &nbsp;&nbsp;&nbsp;&nbsp;2242208 |
| Bowhead Specialty Holdings, Inc. (A) | 21591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583821 |
| Chubb, Ltd. | &nbsp;&nbsp;8697 | &nbsp;&nbsp;&nbsp;&nbsp;2454728 |
| Neptune Insurance Holdings Inc., Class A (A) | &nbsp;&nbsp;3749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74980 |
| NN Group NV | 43266 | &nbsp;&nbsp;&nbsp;&nbsp;3051012 |
| Palomar Holdings, Inc. (A) | 19286 | &nbsp;&nbsp;&nbsp;&nbsp;2251641 |
| The Hartford Insurance Group, Inc. | 28543 | &nbsp;&nbsp;&nbsp;&nbsp;3807351 |
| Unum Group | 44814 | &nbsp;&nbsp;&nbsp;&nbsp;3485633 |
|  |  | &nbsp;&nbsp;&nbsp;25449808 |
|  |  | 136725842 |
| TOTAL COMMON STOCKS (Cost $111,592,809) | TOTAL COMMON STOCKS (Cost $111,592,809) | $136725842 |
| **SHORT-TERM INVESTMENTS – 0.7%** | **SHORT-TERM INVESTMENTS – 0.7%** |  |
| **Short-term funds – 0.7%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 96215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962473 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $962,465) | TOTAL SHORT-TERM INVESTMENTS (Cost $962,465) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962473 |
| **Total Investments (Financial Industries Trust)<br> (Cost $112,555,274) – 100.1%** | **Total Investments (Financial Industries Trust)<br> (Cost $112,555,274) – 100.1%** | $**137688315** |
| **Other assets and liabilities, net – (0.1%)** | **Other assets and liabilities, net – (0.1%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(175253)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**137513062** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $293,544. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $300,603. |

---

#### Fundamental All Cap Core Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 100.0%** | **COMMON STOCKS – 100.0%** |  |
| **Communication services – 11.4%** |  |  |
| **Entertainment – 2.0%** | **Entertainment – 2.0%** |  |
| Liberty Media Corp.-Liberty Formula One, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506534 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52907476 |
| **Interactive media and services – 9.4%** | **Interactive media and services – 9.4%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175801898 |
| CarGurus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24727012 |

---

#### Fundamental All Cap Core Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Interactive media and services (continued)** | **Interactive media and services (continued)** |  |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60312 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44291927 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244820837 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297728313 |
| **Consumer discretionary – 20.0%** |  |  |
| **Automobile components – 1.5%** | **Automobile components – 1.5%** |  |
| Fox Factory Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9717409 |
| Mobileye Global, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2076454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29319530 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39036939 |
| **Broadline retail – 8.0%** | **Broadline retail – 8.0%** |  |
| Amazon.com, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208530022 |
| **Hotels, restaurants and leisure – 2.2%** | **Hotels, restaurants and leisure – 2.2%** |  |
| Las Vegas Sands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25794672 |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31969541 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57764213 |
| **Household durables – 3.7%** | **Household durables – 3.7%** |  |
| Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97193351 |
| **Specialty retail – 3.9%** | **Specialty retail – 3.9%** |  |
| Avolta AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12885158 |
| CarMax, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31465132 |
| Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58413710 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102764000 |
| **Textiles, apparel and luxury goods – 0.7%** | **Textiles, apparel and luxury goods – 0.7%** |  |
| Canada Goose Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18709720 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523998245 |
| **Consumer staples – 3.1%** |  |  |
| **Beverages – 1.6%** | **Beverages – 1.6%** |  |
| Anheuser-Busch InBev SA/NV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26140296 |
| Diageo PLC, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15161728 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41302024 |
| **Food products – 1.5%** | **Food products – 1.5%** |  |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40219016 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81521040 |
| **Energy – 4.8%** |  |  |
| **Oil, gas and consumable fuels – 4.8%** | **Oil, gas and consumable fuels – 4.8%** |  |
| Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97706564 |
| Suncor Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26518411 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124224975 |
| **Financials – 9.4%** |  |  |
| **Banks – 2.5%** | **Banks – 2.5%** |  |
| First Hawaiian, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66567467 |
| **Capital markets – 6.9%** | **Capital markets – 6.9%** |  |
| KKR & Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87260385 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26895555 |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38971843 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26874423 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180002206 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246569673 |
| **Health care – 17.0%** |  |  |
| **Health care equipment and supplies – 6.4%** | **Health care equipment and supplies – 6.4%** |  |
| Becton, Dickinson and Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25661756 |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26048360 |
| Hologic, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86993328 |
| Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27309322 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166012766 |
| **Health care providers and services – 6.0%** | **Health care providers and services – 6.0%** |  |
| Elevance Health, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66166575 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44753242 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Fundamental All Cap Core Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;130767 | $&nbsp;&nbsp;&nbsp;&nbsp;45153845 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;156073662 |
| **Life sciences tools and services – 3.5%** | **Life sciences tools and services – 3.5%** |  |
| Avantor, Inc. (A) | 2819027 | &nbsp;&nbsp;&nbsp;&nbsp;35181457 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;118790 | &nbsp;&nbsp;&nbsp;&nbsp;57615526 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;92796983 |
| **Pharmaceuticals – 1.1%** | **Pharmaceuticals – 1.1%** |  |
| Elanco Animal Health, Inc. (A) | 1423529 | &nbsp;&nbsp;&nbsp;&nbsp;28669874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;443553285 |
| **Industrials – 4.6%** |  |  |
| **Electrical equipment – 1.4%** | **Electrical equipment – 1.4%** |  |
| Regal Rexnord Corp. | &nbsp;&nbsp;254925 | &nbsp;&nbsp;&nbsp;&nbsp;36566442 |
| **Machinery – 1.0%** | **Machinery – 1.0%** |  |
| Fortive Corp. | &nbsp;&nbsp;504046 | &nbsp;&nbsp;&nbsp;&nbsp;24693214 |
| **Trading companies and distributors – 2.2%** | **Trading companies and distributors – 2.2%** |  |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;60779 | &nbsp;&nbsp;&nbsp;&nbsp;58023280 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;119282936 |
| **Information technology – 25.9%** |  |  |
| **Semiconductors and semiconductor equipment – 8.4%** | **Semiconductors and semiconductor equipment – 8.4%** |  |
| Analog Devices, Inc. | &nbsp;&nbsp;126410 | &nbsp;&nbsp;&nbsp;&nbsp;31058937 |
| NVIDIA Corp. | &nbsp;&nbsp;551637 | &nbsp;&nbsp;&nbsp;&nbsp;102924431 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | &nbsp;&nbsp;192510 | &nbsp;&nbsp;&nbsp;&nbsp;53766118 |
| Texas Instruments, Inc. | &nbsp;&nbsp;168547 | &nbsp;&nbsp;&nbsp;&nbsp;30967140 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;218716626 |
| **Software – 14.1%** | **Software – 14.1%** |  |
| Adobe, Inc. (A) | &nbsp;&nbsp;121403 | &nbsp;&nbsp;&nbsp;&nbsp;42824908 |
| Microsoft Corp. | &nbsp;&nbsp;257022 | &nbsp;&nbsp;&nbsp;&nbsp;133124545 |
| Oracle Corp. | &nbsp;&nbsp;119071 | &nbsp;&nbsp;&nbsp;&nbsp;33487528 |
| Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52134 | &nbsp;&nbsp;&nbsp;&nbsp;25998704 |
| Salesforce, Inc. | &nbsp;&nbsp;260987 | &nbsp;&nbsp;&nbsp;&nbsp;61853919 |
| Workday, Inc., Class A (A) | &nbsp;&nbsp;301037 | &nbsp;&nbsp;&nbsp;&nbsp;72468637 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;369758241 |
| **Technology hardware, storage and peripherals – 3.4%** | **Technology hardware, storage and peripherals – 3.4%** |  |
| Apple, Inc. | &nbsp;&nbsp;197687 | &nbsp;&nbsp;&nbsp;&nbsp;50337041 |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;651380 | &nbsp;&nbsp;&nbsp;&nbsp;39050429 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;89387470 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;677862337 |
| **Real estate – 3.8%** |  |  |
| **Real estate management and development – 0.4%** | **Real estate management and development – 0.4%** |  |
| Five Point Holdings LLC, Class A (A) | 1762744 | &nbsp;&nbsp;&nbsp;&nbsp;10805621 |
| **Specialized REITs – 3.4%** | **Specialized REITs – 3.4%** |  |
| American Tower Corp. | &nbsp;&nbsp;136904 | &nbsp;&nbsp;&nbsp;&nbsp;26329377 |
| Crown Castle, Inc. | &nbsp;&nbsp;321641 | &nbsp;&nbsp;&nbsp;&nbsp;31035140 |
| Millrose Properties, Inc., Class A | &nbsp;&nbsp;929752 | &nbsp;&nbsp;&nbsp;&nbsp;31248965 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;88613482 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;99419103 |
| TOTAL COMMON STOCKS (Cost $1,862,405,507) | TOTAL COMMON STOCKS (Cost $1,862,405,507) | $2614159907 |
| **SHORT-TERM INVESTMENTS – 0.0%** | **SHORT-TERM INVESTMENTS – 0.0%** |  |
| **Short-term funds – 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (B)(C) | &nbsp;&nbsp;&nbsp;&nbsp;12109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121126 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $121,133) | TOTAL SHORT-TERM INVESTMENTS (Cost $121,133) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121126 |
| **Total Investments (Fundamental All Cap Core Trust)<br> (Cost $1,862,526,640) – 100.0%** | **Total Investments (Fundamental All Cap Core Trust)<br> (Cost $1,862,526,640) – 100.0%** | $**2614281033** |
| **Other assets and liabilities, net – (0.0%)** | **Other assets and liabilities, net – (0.0%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1117673)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**2613163360** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Fundamental Large Cap Value Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.9%** | **COMMON STOCKS – 98.9%** |  |
| **Communication services – 7.3%** |  |  |
| **Interactive media and services – 4.1%** | **Interactive media and services – 4.1%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101876 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24766056 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9409611 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34175667 |
| **Media – 3.2%** | **Media – 3.2%** |  |
| Charter Communications, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900445 |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21870394 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26770839 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60946506 |
| **Consumer discretionary – 7.1%** |  |  |
| **Automobile components – 0.8%** | **Automobile components – 0.8%** |  |
| Mobileye Global, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6724721 |
| **Broadline retail – 0.7%** | **Broadline retail – 0.7%** |  |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6068002 |
| **Hotels, restaurants and leisure – 1.4%** | **Hotels, restaurants and leisure – 1.4%** |  |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12214335 |
| **Household durables – 2.7%** | **Household durables – 2.7%** |  |
| Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22402224 |
| **Specialty retail – 0.4%** | **Specialty retail – 0.4%** |  |
| CarMax, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3047391 |
| **Textiles, apparel and luxury goods – 1.1%** | **Textiles, apparel and luxury goods – 1.1%** |  |
| LVMH Moet Hennessy Louis Vuitton SE, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9173862 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59630535 |
| **Consumer staples – 8.5%** |  |  |
| **Beverages – 2.7%** | **Beverages – 2.7%** |  |
| Anheuser-Busch InBev SA/NV, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10273068 |
| Heineken Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7342081 |
| PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5382503 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22997652 |
| **Consumer staples distribution and retail – 3.4%** | **Consumer staples distribution and retail – 3.4%** |  |
| Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28064269 |
| **Food products – 2.4%** | **Food products – 2.4%** |  |
| Danone SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8709491 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11297438 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20006929 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71068850 |
| **Energy – 7.2%** |  |  |
| **Oil, gas and consumable fuels – 7.2%** | **Oil, gas and consumable fuels – 7.2%** |  |
| Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36928043 |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9930796 |
| Suncor Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13604765 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60463604 |
| **Financials – 17.0%** |  |  |
| **Banks – 6.1%** | **Banks – 6.1%** |  |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18226025 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12546111 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10713265 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Fundamental Large Cap Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Wells Fargo & Company | &nbsp;&nbsp;118128 | $&nbsp;&nbsp;&nbsp;&nbsp;9901489 |
|  |  | &nbsp;&nbsp;&nbsp;51386890 |
| **Capital markets – 10.3%** | **Capital markets – 10.3%** |  |
| KKR & Company, Inc. | &nbsp;&nbsp;169416 | &nbsp;&nbsp;&nbsp;22015609 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;60685 | &nbsp;&nbsp;&nbsp;&nbsp;9646488 |
| Nasdaq, Inc. | &nbsp;&nbsp;371626 | &nbsp;&nbsp;&nbsp;32870320 |
| State Street Corp. | &nbsp;&nbsp;105206 | &nbsp;&nbsp;&nbsp;12204948 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11366 | &nbsp;&nbsp;&nbsp;&nbsp;9051314 |
|  |  | &nbsp;&nbsp;&nbsp;85788679 |
| **Consumer finance – 0.6%** | **Consumer finance – 0.6%** |  |
| American Express Company | &nbsp;&nbsp;&nbsp;&nbsp;16060 | &nbsp;&nbsp;&nbsp;&nbsp;5334490 |
|  |  | 142510059 |
| **Health care – 18.9%** |  |  |
| **Biotechnology – 1.9%** | **Biotechnology – 1.9%** |  |
| Gilead Sciences, Inc. | &nbsp;&nbsp;106409 | &nbsp;&nbsp;&nbsp;11811399 |
| Moderna, Inc. (A) | &nbsp;&nbsp;142763 | &nbsp;&nbsp;&nbsp;&nbsp;3687568 |
|  |  | &nbsp;&nbsp;&nbsp;15498967 |
| **Health care equipment and supplies – 3.1%** | **Health care equipment and supplies – 3.1%** |  |
| Hologic, Inc. (A) | &nbsp;&nbsp;382975 | &nbsp;&nbsp;&nbsp;25846983 |
| **Health care providers and services – 3.3%** | **Health care providers and services – 3.3%** |  |
| Elevance Health, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;85652 | &nbsp;&nbsp;&nbsp;27675874 |
| **Life sciences tools and services – 2.2%** | **Life sciences tools and services – 2.2%** |  |
| Avantor, Inc. (A) | &nbsp;&nbsp;834850 | &nbsp;&nbsp;&nbsp;10418928 |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;39126 | &nbsp;&nbsp;&nbsp;&nbsp;7757121 |
|  |  | &nbsp;&nbsp;&nbsp;18176049 |
| **Pharmaceuticals – 8.4%** | **Pharmaceuticals – 8.4%** |  |
| Elanco Animal Health, Inc. (A) | 1251429 | &nbsp;&nbsp;&nbsp;25203780 |
| GSK PLC, ADR | &nbsp;&nbsp;485927 | &nbsp;&nbsp;&nbsp;20972609 |
| Haleon PLC, ADR | &nbsp;&nbsp;800500 | &nbsp;&nbsp;&nbsp;&nbsp;7180485 |
| Merck & Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;69129 | &nbsp;&nbsp;&nbsp;&nbsp;5801997 |
| Novartis AG, ADR | &nbsp;&nbsp;&nbsp;&nbsp;88727 | &nbsp;&nbsp;&nbsp;11378350 |
|  |  | &nbsp;&nbsp;&nbsp;70537221 |
|  |  | 157735094 |
| **Industrials – 13.0%** |  |  |
| **Aerospace and defense – 4.4%** | **Aerospace and defense – 4.4%** |  |
| Airbus SE | &nbsp;&nbsp;&nbsp;&nbsp;46957 | &nbsp;&nbsp;&nbsp;10965676 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55663 | &nbsp;&nbsp;&nbsp;17000037 |
| RTX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;53935 | &nbsp;&nbsp;&nbsp;&nbsp;9024944 |
|  |  | &nbsp;&nbsp;&nbsp;36990657 |
| **Air freight and logistics – 0.9%** | **Air freight and logistics – 0.9%** |  |
| FedEx Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31304 | &nbsp;&nbsp;&nbsp;&nbsp;7381796 |
| **Electrical equipment – 0.6%** | **Electrical equipment – 0.6%** |  |
| Sensata Technologies Holding PLC | &nbsp;&nbsp;160388 | &nbsp;&nbsp;&nbsp;&nbsp;4899853 |
| **Machinery – 4.0%** | **Machinery – 4.0%** |  |
| Fortive Corp. | &nbsp;&nbsp;330364 | &nbsp;&nbsp;&nbsp;16184532 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;22658 | &nbsp;&nbsp;&nbsp;17178163 |
|  |  | &nbsp;&nbsp;&nbsp;33362695 |
| **Trading companies and distributors – 3.1%** | **Trading companies and distributors – 3.1%** |  |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27024 | &nbsp;&nbsp;&nbsp;25798732 |
|  |  | 108433733 |
| **Information technology – 15.8%** |  |  |
| **Electronic equipment, instruments and components – 1.7%** | **Electronic equipment, instruments and components – 1.7%** |  |
| Ralliant Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82725 | &nbsp;&nbsp;&nbsp;&nbsp;3617564 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| Vontier Corp. | &nbsp;&nbsp;264131 | $&nbsp;&nbsp;&nbsp;11085578 |
|  |  | &nbsp;&nbsp;&nbsp;14703142 |
| **IT services – 0.7%** | **IT services – 0.7%** |  |
| Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;86733 | &nbsp;&nbsp;&nbsp;&nbsp;5817182 |
| **Semiconductors and semiconductor equipment – 1.4%** | **Semiconductors and semiconductor equipment – 1.4%** |  |
| Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19091 | &nbsp;&nbsp;&nbsp;&nbsp;4690659 |
| Taiwan Semiconductor Manufacturing Company, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;24216 | &nbsp;&nbsp;&nbsp;&nbsp;6763287 |
|  |  | &nbsp;&nbsp;&nbsp;11453946 |
| **Software – 9.4%** | **Software – 9.4%** |  |
| Adobe, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;30608 | &nbsp;&nbsp;&nbsp;10796972 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;54055 | &nbsp;&nbsp;&nbsp;27997787 |
| Oracle Corp. | &nbsp;&nbsp;111333 | &nbsp;&nbsp;&nbsp;31311293 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34616 | &nbsp;&nbsp;&nbsp;&nbsp;8203992 |
|  |  | &nbsp;&nbsp;&nbsp;78310044 |
| **Technology hardware, storage and peripherals – 2.6%** | **Technology hardware, storage and peripherals – 2.6%** |  |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;362218 | &nbsp;&nbsp;&nbsp;21715079 |
|  |  | 131999393 |
| **Materials – 0.9%** |  |  |
| **Chemicals – 0.9%** | **Chemicals – 0.9%** |  |
| LyondellBasell Industries NV, Class A | &nbsp;&nbsp;155492 | &nbsp;&nbsp;&nbsp;&nbsp;7625328 |
| **Real estate – 3.2%** |  |  |
| **Specialized REITs – 3.2%** | **Specialized REITs – 3.2%** |  |
| Crown Castle, Inc. | &nbsp;&nbsp;274387 | &nbsp;&nbsp;&nbsp;26475602 |
| TOTAL COMMON STOCKS (Cost $588,671,678) | TOTAL COMMON STOCKS (Cost $588,671,678) | $826888704 |
| **ESCROW CERTIFICATES - 0.0%** |  |  |
| Sino-Forest Corp. (A)(B) | $3244100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| TOTAL ESCROW CERTIFICATES (Cost $3) | TOTAL ESCROW CERTIFICATES (Cost $3) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **SHORT-TERM INVESTMENTS – 1.1%** | **SHORT-TERM INVESTMENTS – 1.1%** |  |
| **Short-term funds – 1.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;929238 | &nbsp;&nbsp;&nbsp;&nbsp;9295541 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $9,296,051) | TOTAL SHORT-TERM INVESTMENTS (Cost $9,296,051) | $&nbsp;&nbsp;&nbsp;&nbsp;9295541 |
| **Total Investments (Fundamental Large Cap Value Trust)<br> (Cost $597,967,732) – 100.0%** | **Total Investments (Fundamental Large Cap Value Trust)<br> (Cost $597,967,732) – 100.0%** | $**836184245** |
| **Other assets and liabilities, net – 0.0%** | **Other assets and liabilities, net – 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**275996** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**836460241** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Global Equity Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS - 96.5%** | **COMMON STOCKS - 96.5%** |  |
| **Belgium - 1.8%** |  |  |
| Anheuser-Busch InBev SA/NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89476 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5348591 |
| **Denmark - 0.8%** |  |  |
| DSV A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2566452 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Global Equity Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **France - 7.0%** |  |  |
| Air Liquide SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14803 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3084311 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3929220 |
| Publicis Groupe SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925789 |
| Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4516344 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3869127 |
| TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2956937 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21281728 |
| **Germany - 5.0%** |  |  |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6392634 |
| Deutsche Telekom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4174064 |
| Heidelberg Materials AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4603659 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15170357 |
| **Hong Kong - 1.5%** |  |  |
| Prudential PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4619230 |
| **Ireland - 5.5%** |  |  |
| Accenture PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2640839 |
| Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6161552 |
| Ryanair Holdings PLC, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5161396 |
| Smurfit WestRock PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2732355 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16696142 |
| **Japan - 8.4%** |  |  |
| Asahi Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5299105 |
| Seven & i Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2631351 |
| Sony Financial Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280348 |
| Sony Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7267166 |
| Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3553180 |
| Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6338844 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25369994 |
| **Netherlands - 4.9%** |  |  |
| Euronext NV (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2566810 |
| ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8305828 |
| Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4030920 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14903558 |
| **Switzerland - 3.3%** |  |  |
| Chubb, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5694676 |
| SGS SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4355903 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050579 |
| **Taiwan - 2.0%** |  |  |
| Taiwan Semiconductor Manufacturing Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5950981 |
| **United Kingdom - 3.8%** |  |  |
| Haleon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5360784 |
| National Grid PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6156152 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11516936 |
| **United States - 52.5%** |  |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4437791 |
| Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4491150 |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3533246 |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3948875 |
| AutoZone, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6169365 |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6922759 |
| Carrier Global Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2661426 |
| Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4343370 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6450325 |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2737248 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3866934 |
| CRH PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7142563 |
| CSX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6609015 |
| Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2703493 |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4085232 |
| Emerson Electric Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5308592 |
| EQT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3130814 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United States (continued)** |  |  |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55364 | $&nbsp;&nbsp;&nbsp;&nbsp;4157836 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32153 | &nbsp;&nbsp;&nbsp;&nbsp;5417137 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24679 | &nbsp;&nbsp;&nbsp;&nbsp;7537213 |
| Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;24498 | &nbsp;&nbsp;&nbsp;&nbsp;3087728 |
| Lowe's Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25244 | &nbsp;&nbsp;&nbsp;&nbsp;6344070 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10226 | &nbsp;&nbsp;&nbsp;&nbsp;7899994 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17874 | &nbsp;&nbsp;&nbsp;&nbsp;9257839 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;13685 | &nbsp;&nbsp;&nbsp;&nbsp;3848769 |
| Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27131 | &nbsp;&nbsp;&nbsp;&nbsp;4400648 |
| Starbucks Corp. | &nbsp;&nbsp;&nbsp;&nbsp;33438 | &nbsp;&nbsp;&nbsp;&nbsp;2828855 |
| The Walt Disney Company | &nbsp;&nbsp;&nbsp;&nbsp;38582 | &nbsp;&nbsp;&nbsp;&nbsp;4417639 |
| TransUnion | &nbsp;&nbsp;&nbsp;&nbsp;54603 | &nbsp;&nbsp;&nbsp;&nbsp;4574639 |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;54048 | &nbsp;&nbsp;&nbsp;&nbsp;4141158 |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4648 | &nbsp;&nbsp;&nbsp;&nbsp;4437260 |
| Wells Fargo & Company | &nbsp;&nbsp;&nbsp;&nbsp;95803 | &nbsp;&nbsp;&nbsp;&nbsp;8030207 |
|  |  | 158923190 |
| TOTAL COMMON STOCKS (Cost $241,696,021) | TOTAL COMMON STOCKS (Cost $241,696,021) | $292397738 |
| **PREFERRED SECURITIES - 1.9%** | **PREFERRED SECURITIES - 1.9%** |  |
| **South Korea - 1.9%** |  |  |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;118042 | &nbsp;&nbsp;&nbsp;&nbsp;5602393 |
| TOTAL PREFERRED SECURITIES (Cost $4,701,867) | TOTAL PREFERRED SECURITIES (Cost $4,701,867) | $&nbsp;&nbsp;&nbsp;&nbsp;5602393 |
| **ESCROW CERTIFICATES - 0.0%** |  |  |
| Texas Competitive Electric Holdings Company LLC (A)(C) | $7466240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| TOTAL ESCROW CERTIFICATES (Cost $0) | TOTAL ESCROW CERTIFICATES (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **SHORT-TERM INVESTMENTS - 0.9%** | **SHORT-TERM INVESTMENTS - 0.9%** |  |
| **Short-term funds - 0.9%** |  |  |
| Federated Government Obligations Fund, Institutional Class, 4.0114% (D) | 2847245 | &nbsp;&nbsp;&nbsp;&nbsp;2847245 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $2,847,245) | TOTAL SHORT-TERM INVESTMENTS (Cost $2,847,245) | $&nbsp;&nbsp;&nbsp;&nbsp;2847245 |
| **Total Investments (Global Equity Trust)<br> (Cost $249,245,133) - 99.3%** | **Total Investments (Global Equity Trust)<br> (Cost $249,245,133) - 99.3%** | $**300847376** |
| **Other assets and liabilities, net - 0.7%** | **Other assets and liabilities, net - 0.7%** | &nbsp;&nbsp;&nbsp;&nbsp;**2117216** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**302964592** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | 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. |
| (C) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |

---

#### Health Sciences Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 99.7%** | **COMMON STOCKS – 99.7%** |  |
| **Health care – 99.7%** |  |  |
| **Biotechnology – 46.7%** | **Biotechnology – 46.7%** |  |
| AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32882 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7613498 |
| Abivax SA, ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567726 |
| ACADIA Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162184 |
| Agios Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712565 |
| Akero Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159082 |
| Alector, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129364 |
| Alkermes PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545430 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Health Sciences Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Allogene Therapeutics, Inc. (A) | &nbsp;&nbsp;81376 | $&nbsp;&nbsp;&nbsp;&nbsp;100906 |
| Alnylam Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;15831 | &nbsp;&nbsp;&nbsp;7218936 |
| Annexon, Inc. (A) | &nbsp;&nbsp;22109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67432 |
| Apogee Therapeutics, Inc. (A) | &nbsp;&nbsp;13010 | &nbsp;&nbsp;&nbsp;&nbsp;516887 |
| Arcellx, Inc. (A) | &nbsp;&nbsp;&nbsp;8646 | &nbsp;&nbsp;&nbsp;&nbsp;709837 |
| Argenx SE, ADR (A) | &nbsp;&nbsp;13651 | 10068432 |
| Ascendis Pharma A/S, ADR (A) | &nbsp;&nbsp;16889 | &nbsp;&nbsp;&nbsp;3357702 |
| Aura Biosciences, Inc. (A) | &nbsp;&nbsp;10426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64433 |
| Avidity Biosciences, Inc. (A) | &nbsp;&nbsp;52894 | &nbsp;&nbsp;&nbsp;2304592 |
| Beam Therapeutics, Inc. (A) | &nbsp;&nbsp;24779 | &nbsp;&nbsp;&nbsp;&nbsp;601386 |
| BeOne Medicines, Ltd., ADR (A) | &nbsp;&nbsp;&nbsp;3404 | &nbsp;&nbsp;&nbsp;1159743 |
| BeOne Medicines, Ltd., H Shares (A) | 157998 | &nbsp;&nbsp;&nbsp;4215890 |
| Bicara Therapeutics, Inc. (A) | &nbsp;&nbsp;29778 | &nbsp;&nbsp;&nbsp;&nbsp;470195 |
| Bicycle Therapeutics PLC, ADR (A) | &nbsp;&nbsp;25602 | &nbsp;&nbsp;&nbsp;&nbsp;198159 |
| Biogen, Inc. (A) | &nbsp;&nbsp;&nbsp;3352 | &nbsp;&nbsp;&nbsp;&nbsp;469548 |
| Biohaven, Ltd. (A) | &nbsp;&nbsp;22946 | &nbsp;&nbsp;&nbsp;&nbsp;344419 |
| Bridgebio Oncology Therapeutics, Inc. (A) | &nbsp;&nbsp;14485 | &nbsp;&nbsp;&nbsp;&nbsp;167736 |
| Bridgebio Pharma, Inc. (A) | &nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;389550 |
| Cabaletta Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;2887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6756 |
| Caris Life Sciences, Inc. (A) | &nbsp;&nbsp;24932 | &nbsp;&nbsp;&nbsp;&nbsp;754193 |
| Celcuity, Inc. (A) | &nbsp;&nbsp;10839 | &nbsp;&nbsp;&nbsp;&nbsp;535447 |
| Celldex Therapeutics, Inc. (A) | &nbsp;&nbsp;15561 | &nbsp;&nbsp;&nbsp;&nbsp;402563 |
| Centessa Pharmaceuticals PLC, ADR (A) | &nbsp;&nbsp;61450 | &nbsp;&nbsp;&nbsp;1490163 |
| CG Oncology, Inc. (A) | &nbsp;&nbsp;19744 | &nbsp;&nbsp;&nbsp;&nbsp;795288 |
| Climb Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18492 |
| Crescent Biopharma, Inc. (A) | &nbsp;&nbsp;&nbsp;5959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70853 |
| Cytokinetics, Inc. (A) | &nbsp;&nbsp;18234 | &nbsp;&nbsp;&nbsp;1002141 |
| Denali Therapeutics, Inc. (A) | &nbsp;&nbsp;36384 | &nbsp;&nbsp;&nbsp;&nbsp;528296 |
| Dianthus Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;3302 | &nbsp;&nbsp;&nbsp;&nbsp;129934 |
| Disc Medicine, Inc. (A) | &nbsp;&nbsp;&nbsp;8893 | &nbsp;&nbsp;&nbsp;&nbsp;587649 |
| Entrada Therapeutics, Inc. (A) | &nbsp;&nbsp;11625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67425 |
| Exact Sciences Corp. (A) | &nbsp;&nbsp;16021 | &nbsp;&nbsp;&nbsp;&nbsp;876509 |
| Generation Bio Company (A) | &nbsp;&nbsp;&nbsp;3769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23066 |
| Gilead Sciences, Inc. | &nbsp;&nbsp;53127 | &nbsp;&nbsp;&nbsp;5897097 |
| Ideaya Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;6339 | &nbsp;&nbsp;&nbsp;&nbsp;172484 |
| Immatics NV (A) | &nbsp;&nbsp;11800 | &nbsp;&nbsp;&nbsp;&nbsp;100536 |
| Immuneering Corp., Class A (A) | &nbsp;&nbsp;17357 | &nbsp;&nbsp;&nbsp;&nbsp;121499 |
| Immunocore Holdings PLC, ADR (A) | &nbsp;&nbsp;19369 | &nbsp;&nbsp;&nbsp;&nbsp;703676 |
| Immunome, Inc. (A) | &nbsp;&nbsp;65604 | &nbsp;&nbsp;&nbsp;&nbsp;768223 |
| Incyte Corp. (A) | &nbsp;&nbsp;&nbsp;9477 | &nbsp;&nbsp;&nbsp;&nbsp;803744 |
| Insmed, Inc. (A) | &nbsp;&nbsp;46572 | &nbsp;&nbsp;&nbsp;6706834 |
| Ionis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;19250 | &nbsp;&nbsp;&nbsp;1259335 |
| Iovance Biotherapeutics, Inc. (A) | &nbsp;&nbsp;31687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68761 |
| Janux Therapeutics, Inc. (A) | &nbsp;&nbsp;10117 | &nbsp;&nbsp;&nbsp;&nbsp;247259 |
| Kodiak Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp;122775 |
| Krystal Biotech, Inc. (A) | &nbsp;&nbsp;&nbsp;6206 | &nbsp;&nbsp;&nbsp;1095545 |
| Kymera Therapeutics, Inc. (A) | &nbsp;&nbsp;24802 | &nbsp;&nbsp;&nbsp;1403793 |
| Kyverna Therapeutics, Inc. (A) | &nbsp;&nbsp;24113 | &nbsp;&nbsp;&nbsp;&nbsp;144678 |
| Madrigal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp;782474 |
| Merus NV (A) | &nbsp;&nbsp;&nbsp;9185 | &nbsp;&nbsp;&nbsp;&nbsp;864768 |
| Mirum Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;139289 |
| Monte Rosa Therapeutics, Inc. (A) | &nbsp;&nbsp;29932 | &nbsp;&nbsp;&nbsp;&nbsp;221796 |
| MoonLake Immunotherapeutics (A) | &nbsp;&nbsp;13971 | &nbsp;&nbsp;&nbsp;&nbsp;100172 |
| Natera, Inc. (A) | &nbsp;&nbsp;13025 | &nbsp;&nbsp;&nbsp;2096634 |
| Neurocrine Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;9683 | &nbsp;&nbsp;&nbsp;1359300 |
| Newamsterdam Pharma Company NV (A) | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82476 |
| Nuvalent, Inc., Class A (A) | &nbsp;&nbsp;10180 | &nbsp;&nbsp;&nbsp;&nbsp;880366 |
| ORIC Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;25630 | &nbsp;&nbsp;&nbsp;&nbsp;307560 |
| Oruka Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;9891 | &nbsp;&nbsp;&nbsp;&nbsp;190204 |
| Praxis Precision Medicines, Inc. (A) | &nbsp;&nbsp;&nbsp;6057 | &nbsp;&nbsp;&nbsp;&nbsp;321021 |
| Prelude Therapeutics, Inc. (A) | &nbsp;&nbsp;17428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25096 |
| Protagonist Therapeutics, Inc. (A) | &nbsp;&nbsp;20042 | &nbsp;&nbsp;&nbsp;1331390 |
| Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;&nbsp;6059 | &nbsp;&nbsp;&nbsp;3406794 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Relay Therapeutics, Inc. (A) | &nbsp;&nbsp;32881 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171639 |
| Replimune Group, Inc. (A) | &nbsp;&nbsp;40761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170789 |
| REVOLUTION Medicines, Inc. (A) | &nbsp;&nbsp;32896 | &nbsp;&nbsp;&nbsp;&nbsp;1536243 |
| Rhythm Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;7878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795599 |
| Rocket Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;23535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76724 |
| Roivant Sciences, Ltd. (A) | &nbsp;&nbsp;44415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671999 |
| Scholar Rock Holding Corp. (A) | &nbsp;&nbsp;41151 | &nbsp;&nbsp;&nbsp;&nbsp;1532463 |
| Sensorion SA (A) | 182870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73644 |
| Sionna Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;4726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138992 |
| Soleno Therapeutics, Inc. (A) | &nbsp;&nbsp;14675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992030 |
| Spyre Therapeutics, Inc. (A) | &nbsp;&nbsp;14141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237003 |
| Summit Therapeutics, Inc. (A) | &nbsp;&nbsp;68527 | &nbsp;&nbsp;&nbsp;&nbsp;1415768 |
| Ultragenyx Pharmaceutical, Inc. (A) | &nbsp;&nbsp;15246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458600 |
| uniQure NV (A) | &nbsp;&nbsp;12327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719527 |
| United Therapeutics Corp. (A) | &nbsp;&nbsp;&nbsp;4407 | &nbsp;&nbsp;&nbsp;&nbsp;1847458 |
| UroGen Pharma, Ltd. (A) | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107730 |
| Vaxcyte, Inc. (A) | &nbsp;&nbsp;19884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716222 |
| Vera Therapeutics, Inc. (A) | &nbsp;&nbsp;30014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872207 |
| Verastem, Inc. (A) | &nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80353 |
| Vertex Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;13377 | &nbsp;&nbsp;&nbsp;&nbsp;5238968 |
| Viridian Therapeutics, Inc. (A) | &nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248170 |
| Voyager Therapeutics, Inc. (A) | &nbsp;&nbsp;15964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74552 |
| Xencor, Inc. (A) | &nbsp;&nbsp;13179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154590 |
| Zai Lab, Ltd., ADR (A) | &nbsp;&nbsp;17391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589381 |
|  |  | 101250637 |
| **Health care equipment and supplies – 14.9%** | **Health care equipment and supplies – 14.9%** |  |
| Beta Bionics, Inc. (A) | &nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141574 |
| Boston Scientific Corp. (A) | &nbsp;&nbsp;53962 | &nbsp;&nbsp;&nbsp;&nbsp;5268310 |
| DexCom, Inc. (A) | &nbsp;&nbsp;&nbsp;7526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506425 |
| IDEXX Laboratories, Inc. (A) | &nbsp;&nbsp;&nbsp;2228 | &nbsp;&nbsp;&nbsp;&nbsp;1423447 |
| Intuitive Surgical, Inc. (A) | &nbsp;&nbsp;23215 | &nbsp;&nbsp;&nbsp;10382444 |
| Kestra Medical Technologies, Ltd. (A) | &nbsp;&nbsp;11456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272195 |
| Orchestra BioMed Holdings, Inc. (A) | &nbsp;&nbsp;13354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33118 |
| Penumbra, Inc. (A) | &nbsp;&nbsp;11805 | &nbsp;&nbsp;&nbsp;&nbsp;2990443 |
| PROCEPT BioRobotics Corp. (A) | &nbsp;&nbsp;11288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402869 |
| Sonova Holding AG | &nbsp;&nbsp;&nbsp;3406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934287 |
| Stryker Corp. | &nbsp;&nbsp;27071 | &nbsp;&nbsp;&nbsp;10007337 |
|  |  | &nbsp;&nbsp;&nbsp;32362449 |
| **Health care providers and services – 14.9%** | **Health care providers and services – 14.9%** |  |
| Alignment Healthcare, Inc. (A) | &nbsp;&nbsp;34030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593824 |
| BrightSpring Health Services, Inc. (A) | &nbsp;&nbsp;49634 | &nbsp;&nbsp;&nbsp;&nbsp;1467181 |
| Cardinal Health, Inc. | &nbsp;&nbsp;&nbsp;8584 | &nbsp;&nbsp;&nbsp;&nbsp;1347345 |
| Cencora, Inc. | &nbsp;&nbsp;&nbsp;5251 | &nbsp;&nbsp;&nbsp;&nbsp;1641095 |
| Centene Corp. (A) | &nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228352 |
| CVS Health Corp. | &nbsp;&nbsp;29671 | &nbsp;&nbsp;&nbsp;&nbsp;2236897 |
| Elevance Health, Inc. | &nbsp;&nbsp;&nbsp;6740 | &nbsp;&nbsp;&nbsp;&nbsp;2177829 |
| Encompass Health Corp. | &nbsp;&nbsp;&nbsp;6760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858655 |
| GeneDx Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;2730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294130 |
| Guardant Health, Inc. (A) | &nbsp;&nbsp;23937 | &nbsp;&nbsp;&nbsp;&nbsp;1495584 |
| HCA Healthcare, Inc. | &nbsp;&nbsp;&nbsp;4690 | &nbsp;&nbsp;&nbsp;&nbsp;1998878 |
| Hims & Hers Health, Inc. (A) | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147472 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509876 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;2754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527005 |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;8512 | &nbsp;&nbsp;&nbsp;&nbsp;1622217 |
| RadNet, Inc. (A) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228630 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;12106 | &nbsp;&nbsp;&nbsp;&nbsp;2458002 |
| The Cigna Group | &nbsp;&nbsp;12512 | &nbsp;&nbsp;&nbsp;&nbsp;3606584 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;25907 | &nbsp;&nbsp;&nbsp;&nbsp;8945687 |
|  |  | &nbsp;&nbsp;&nbsp;32385243 |
| **Health care technology – 0.8%** | **Health care technology – 0.8%** |  |
| Heartflow, Inc. (A) | &nbsp;&nbsp;&nbsp;9606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323338 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Health Sciences Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care technology (continued)** | **Health care technology (continued)** |  |
| Veeva Systems, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4343 | $&nbsp;&nbsp;&nbsp;&nbsp;1293823 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1617161 |
| **Life sciences tools and services – 7.8%** | **Life sciences tools and services – 7.8%** |  |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346001 |
| Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322654 |
| Danaher Corp. | &nbsp;&nbsp;27272 | &nbsp;&nbsp;&nbsp;&nbsp;5406947 |
| Ginkgo Bioworks Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28737 |
| ICON PLC (A) | &nbsp;&nbsp;&nbsp;2228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389900 |
| IQVIA Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694990 |
| Repligen Corp. (A) | &nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320808 |
| Revvity, Inc. | &nbsp;&nbsp;&nbsp;8058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706284 |
| Tempus AI, Inc. (A) | &nbsp;&nbsp;&nbsp;4477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361339 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;17086 | &nbsp;&nbsp;&nbsp;&nbsp;8287052 |
| Waters Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119924 |
|  |  | &nbsp;&nbsp;&nbsp;16984636 |
| **Pharmaceuticals – 14.6%** | **Pharmaceuticals – 14.6%** |  |
| AstraZeneca PLC, ADR | &nbsp;&nbsp;66786 | &nbsp;&nbsp;&nbsp;&nbsp;5123822 |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;5249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637491 |
| Chugai Pharmaceutical Company, Ltd. | &nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656150 |
| Crinetics Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;26745 | &nbsp;&nbsp;&nbsp;&nbsp;1113929 |
| Eisai Company, Ltd. | &nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216210 |
| Eli Lilly & Company | &nbsp;&nbsp;24753 | &nbsp;&nbsp;&nbsp;18886536 |
| Enliven Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;7160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146565 |
| LB Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;4390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69318 |
| LENZ Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177004 |
| MBX Biosciences, Inc. (A) | &nbsp;&nbsp;21168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370440 |
| MediWound, Ltd. (A) | &nbsp;&nbsp;&nbsp;6487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116896 |
| Merck & Company, Inc. | &nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562331 |
| Pharvaris NV (A) | &nbsp;&nbsp;14975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373626 |
| Rapport Therapeutics, Inc. (A) | &nbsp;&nbsp;19989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593673 |
| Royalty Pharma PLC, Class A | &nbsp;&nbsp;14388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507609 |
| Sanofi SA, ADR | &nbsp;&nbsp;25926 | &nbsp;&nbsp;&nbsp;&nbsp;1223707 |
| Structure Therapeutics, Inc., ADR (A) | &nbsp;&nbsp;&nbsp;6977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195356 |
| Tarsus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;7834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465575 |
| WaVe Life Sciences, Ltd. (A) | &nbsp;&nbsp;24968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182766 |
|  |  | &nbsp;&nbsp;&nbsp;31619004 |
|  |  | 216219130 |
| TOTAL COMMON STOCKS (Cost $185,684,452) | TOTAL COMMON STOCKS (Cost $185,684,452) | $216219130 |
| **PREFERRED SECURITIES – 0.3%** |  |  |
| **Health care – 0.3%** |  |  |
| **Life sciences tools and services – 0.3%** | **Life sciences tools and services – 0.3%** |  |
| Sartorius AG | &nbsp;&nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487424 |
| TOTAL PREFERRED SECURITIES (Cost $509,599) | TOTAL PREFERRED SECURITIES (Cost $509,599) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487424 |
| **CONVERTIBLE BONDS - 0.1%** |  |  |
| **Health care - 0.1%** |  |  |
| Immunocore Holdings PLC<br> 2.500%, 02/01/2030 | $277000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249660 |
| TOTAL CONVERTIBLE BONDS (Cost $277,000) | TOTAL CONVERTIBLE BONDS (Cost $277,000) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249660 |
| **WARRANTS – 0.0%** |  |  |
| GeneDx Holdings Corp. (Expiration Date: 7-22-26; Strike Price: $379.50) (A) | &nbsp;&nbsp;&nbsp;4862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533 |
| Revolution Medicines, Inc. (Expiration Date: 12-17-26; Strike Price: $11.50) (A) | &nbsp;&nbsp;&nbsp;4502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351 |
| SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (A) | &nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 |
| TOTAL WARRANTS (Cost $29,139) | TOTAL WARRANTS (Cost $29,139) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1964 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS – 0.4%** | **SHORT-TERM INVESTMENTS – 0.4%** |  |
| **Short-term funds – 0.4%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (B) | 660003 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660003 |
| T. Rowe Price Government Reserve Fund, 4.1621% (B) | 221754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221754 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $881,757) | TOTAL SHORT-TERM INVESTMENTS (Cost $881,757) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881757 |
| **Total Investments (Health Sciences Trust)<br> (Cost $187,381,947) – 100.5%** | **Total Investments (Health Sciences Trust)<br> (Cost $187,381,947) – 100.5%** | $**217839935** |
| **Other assets and liabilities, net – (0.5%)** | **Other assets and liabilities, net – (0.5%)** | &nbsp;&nbsp;&nbsp;**(1019960)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**216819975** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | The rate shown is the annualized seven-day yield as of 9-30-25. |

---

#### High Yield Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS – 93.6%** | **CORPORATE BONDS – 93.6%** |  |
| **Communication services – 16.3%** |  |  |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 08/15/2029 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352170 |
| &nbsp;&nbsp;&nbsp;9.625%, 07/15/2027 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546300 |
| Altice France Holding SA<br> 10.500%, 05/15/2027 (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212396 |
| Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 10/15/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494744 |
| &nbsp;&nbsp;&nbsp;8.125%, 02/01/2027 (A)(B)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515830 |
| AMC Entertainment Holdings, Inc.<br> 7.500%, 02/15/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180756 |
| ANGI Group LLC<br> 3.875%, 08/15/2028 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343985 |
| Arches Buyer, Inc.<br> 6.125%, 12/01/2028 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295066 |
| Cars.com, Inc.<br> 6.375%, 11/01/2028 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393398 |
| CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/01/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438506 |
| &nbsp;&nbsp;&nbsp;4.500%, 08/15/2030 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935915 |
| &nbsp;&nbsp;&nbsp;5.125%, 05/01/2027 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345663 |
| &nbsp;&nbsp;&nbsp;5.375%, 06/01/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1212000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1203918 |
| &nbsp;&nbsp;&nbsp;6.375%, 09/01/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642709 |
| &nbsp;&nbsp;&nbsp;7.375%, 03/01/2031 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881144 |
| Cinemark USA, Inc.<br> 7.000%, 08/01/2032 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129919 |
| Clear Channel Outdoor Holdings, Inc.<br> 7.125%, 02/15/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178822 |
| Connect Finco SARL<br> 9.000%, 09/15/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209230 |
| CSC Holdings LLC<br> 6.500%, 02/01/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467835 |
| CSC Holdings LLC<br> 11.750%, 01/31/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470929 |
| Directv Financing LLC<br> 10.000%, 02/15/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780852 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 06/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194124 |
| &nbsp;&nbsp;&nbsp;5.250%, 12/01/2026 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258422 |
| &nbsp;&nbsp;&nbsp;5.750%, 12/01/2028 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218570 |
| DISH Network Corp.<br> 11.750%, 11/15/2027 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815916 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| GCI LLC<br> 4.750%, 10/15/2028 (A) | $&nbsp;&nbsp;963000 | $&nbsp;&nbsp;&nbsp;&nbsp;935844 |
| Gray Media, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 10/15/2030 (A)(B) | &nbsp;&nbsp;153000 | &nbsp;&nbsp;&nbsp;&nbsp;117236 |
| &nbsp;&nbsp;&nbsp;7.250%, 08/15/2033 (A) | &nbsp;&nbsp;174000 | &nbsp;&nbsp;&nbsp;&nbsp;172426 |
| &nbsp;&nbsp;&nbsp;10.500%, 07/15/2029 (A) | &nbsp;&nbsp;209000 | &nbsp;&nbsp;&nbsp;&nbsp;225981 |
| iHeartCommunications, Inc.<br> 10.875%, 05/01/2030 (A) | &nbsp;&nbsp;773000 | &nbsp;&nbsp;&nbsp;&nbsp;525258 |
| Level 3 Financing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 06/30/2033 (A) | 1039000 | &nbsp;&nbsp;&nbsp;1058928 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/31/2034 (A) | &nbsp;&nbsp;682000 | &nbsp;&nbsp;&nbsp;&nbsp;693805 |
| Light & Wonder International, Inc.<br> 6.250%, 10/01/2033 (A) | &nbsp;&nbsp;558000 | &nbsp;&nbsp;&nbsp;&nbsp;558949 |
| Live Nation Entertainment, Inc.<br> 4.750%, 10/15/2027 (A) | &nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;884111 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 02/15/2029 (A) | &nbsp;&nbsp;738000 | &nbsp;&nbsp;&nbsp;&nbsp;735948 |
| &nbsp;&nbsp;&nbsp;6.125%, 09/15/2033 (A) | &nbsp;&nbsp;508000 | &nbsp;&nbsp;&nbsp;&nbsp;512463 |
| Maya SAS<br> 7.000%, 04/15/2032 (A) | &nbsp;&nbsp;338000 | &nbsp;&nbsp;&nbsp;&nbsp;344694 |
| McClatchy Media Company LLC<br> 11.000%, (11.000% Cash or 12.500% PIK), 12/01/2031 (A) | 1670917 | &nbsp;&nbsp;&nbsp;1867250 |
| Playtika Holding Corp.<br> 4.250%, 03/15/2029 (A) | &nbsp;&nbsp;879000 | &nbsp;&nbsp;&nbsp;&nbsp;806984 |
| ROBLOX Corp.<br> 3.875%, 05/01/2030 (A) | &nbsp;&nbsp;598000 | &nbsp;&nbsp;&nbsp;&nbsp;570405 |
| Scripps Escrow II, Inc.<br> 5.375%, 01/15/2031 (A)(B) | &nbsp;&nbsp;327000 | &nbsp;&nbsp;&nbsp;&nbsp;228804 |
| Sirius XM Radio LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 07/15/2028 (A) | &nbsp;&nbsp;772000 | &nbsp;&nbsp;&nbsp;&nbsp;745964 |
| &nbsp;&nbsp;&nbsp;5.500%, 07/01/2029 (A) | &nbsp;&nbsp;646000 | &nbsp;&nbsp;&nbsp;&nbsp;646149 |
| Snap, Inc.<br> 6.875%, 03/01/2033 (A) | &nbsp;&nbsp;498000 | &nbsp;&nbsp;&nbsp;&nbsp;509005 |
| SoftBank Group Corp.<br> 6.875%, (6.875% to 7-19-27, then 5 Year SOFR Spread-Adjusted ICE Swap Rate + 4.854% to 7-19-42, then 5 Year SOFR Spread-Adjusted ICE Swap Rate + 5.604%), 07/19/2027 (D) | &nbsp;&nbsp;728000 | &nbsp;&nbsp;&nbsp;&nbsp;733460 |
| Stagwell Global LLC<br> 5.625%, 08/15/2029 (A) | &nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;626565 |
| The EW Scripps Company<br> 9.875%, 08/15/2030 (A) | &nbsp;&nbsp;&nbsp;&nbsp;68000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63827 |
| Univision Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.500%, 07/31/2031 (A) | &nbsp;&nbsp;662000 | &nbsp;&nbsp;&nbsp;&nbsp;683609 |
| &nbsp;&nbsp;&nbsp;9.375%, 08/01/2032 (A) | &nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;197148 |
| Virgin Media Finance PLC<br> 5.000%, 07/15/2030 (A) | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;399387 |
| Virgin Media Secured Finance PLC<br> 5.500%, 05/15/2029 (A) | &nbsp;&nbsp;652000 | &nbsp;&nbsp;&nbsp;&nbsp;644629 |
| WarnerMedia Holdings, Inc.<br> 4.279%, 03/15/2032 (B) | 1572000 | &nbsp;&nbsp;&nbsp;1440345 |
| Windstream Services LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.500%, 10/15/2033 (A) | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;279924 |
| &nbsp;&nbsp;&nbsp;8.250%, 10/01/2031 (A) | &nbsp;&nbsp;438000 | &nbsp;&nbsp;&nbsp;&nbsp;453714 |
| ZipRecruiter, Inc.<br> 5.000%, 01/15/2030 (A) | &nbsp;&nbsp;697000 | &nbsp;&nbsp;&nbsp;&nbsp;561029 |
|  |  | 29730960 |
| **Consumer discretionary – 16.2%** |  |  |
| Affinity Interactive<br> 6.875%, 12/15/2027 (A) | &nbsp;&nbsp;669000 | &nbsp;&nbsp;&nbsp;&nbsp;381330 |
| Amer Sports Company<br> 6.750%, 02/16/2031 (A) | &nbsp;&nbsp;417000 | &nbsp;&nbsp;&nbsp;&nbsp;433358 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| American Axle & Manufacturing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 10/15/2032 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;69000 | $&nbsp;&nbsp;&nbsp;&nbsp;68884 |
| &nbsp;&nbsp;&nbsp;7.750%, 10/15/2033 (A) | &nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp;280167 |
| Asbury Automotive Group, Inc.<br> 5.000%, 02/15/2032 (A) | &nbsp;&nbsp;684000 | &nbsp;&nbsp;&nbsp;&nbsp;656799 |
| Beach Acquisition Bidco LLC<br> 10.000%, (10.000% Cash or 10.750% PIK), 07/15/2033 (A) | &nbsp;&nbsp;284000 | &nbsp;&nbsp;&nbsp;&nbsp;306340 |
| Boyd Gaming Corp.<br> 4.750%, 06/15/2031 (A)(B) | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;491643 |
| Brightstar Lottery PLC<br> 6.250%, 01/15/2027 (A) | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;555172 |
| Caesars Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 02/15/2032 (A) | 1631000 | 1663600 |
| &nbsp;&nbsp;&nbsp;7.000%, 02/15/2030 (A) | &nbsp;&nbsp;983000 | 1011121 |
| Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/01/2029 (A) | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;520000 |
| &nbsp;&nbsp;&nbsp;5.875%, 06/15/2031 (A) | &nbsp;&nbsp;546000 | &nbsp;&nbsp;&nbsp;&nbsp;559510 |
| Choice Hotels International, Inc.<br> 5.850%, 08/01/2034 | &nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;741487 |
| Clarios Global LP |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 05/15/2028 (A) | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;454829 |
| &nbsp;&nbsp;&nbsp;6.750%, 09/15/2032 (A) | &nbsp;&nbsp;137000 | &nbsp;&nbsp;&nbsp;&nbsp;140036 |
| Fontainebleau Las Vegas Holdings LLC<br> 11.000%, 06/15/2015 (A)(C) | 3600425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 |
| Full House Resorts, Inc.<br> 8.250%, 02/15/2028 (A)(B) | &nbsp;&nbsp;543000 | &nbsp;&nbsp;&nbsp;&nbsp;503933 |
| Group 1 Automotive, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 08/15/2028 (A) | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;456751 |
| &nbsp;&nbsp;&nbsp;6.375%, 01/15/2030 (A) | &nbsp;&nbsp;269000 | &nbsp;&nbsp;&nbsp;&nbsp;275196 |
| Hilton Grand Vacations Borrower LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 07/01/2031 (A)(B) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;559945 |
| &nbsp;&nbsp;&nbsp;6.625%, 01/15/2032 (A) | &nbsp;&nbsp;655000 | &nbsp;&nbsp;&nbsp;&nbsp;665253 |
| Jacobs Entertainment, Inc.<br> 6.750%, 02/15/2029 (A) | &nbsp;&nbsp;462000 | &nbsp;&nbsp;&nbsp;&nbsp;451009 |
| KB Home |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 06/15/2031 | &nbsp;&nbsp;603000 | &nbsp;&nbsp;&nbsp;&nbsp;566291 |
| &nbsp;&nbsp;&nbsp;7.250%, 07/15/2030 | &nbsp;&nbsp;286000 | &nbsp;&nbsp;&nbsp;&nbsp;294921 |
| Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/01/2031 | &nbsp;&nbsp;324000 | &nbsp;&nbsp;&nbsp;&nbsp;255782 |
| &nbsp;&nbsp;&nbsp;10.000%, 06/01/2030 (A) | &nbsp;&nbsp;476000 | &nbsp;&nbsp;&nbsp;&nbsp;517572 |
| Liberty Interactive LLC<br> 8.250%, 02/01/2030 | 1088000 | &nbsp;&nbsp;&nbsp;&nbsp;146880 |
| Lindblad Expeditions LLC<br> 7.000%, 09/15/2030 (A) | &nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp;189588 |
| Lithia Motors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 06/01/2029 (A) | &nbsp;&nbsp;735000 | &nbsp;&nbsp;&nbsp;&nbsp;702024 |
| &nbsp;&nbsp;&nbsp;4.375%, 01/15/2031 (A) | &nbsp;&nbsp;396000 | &nbsp;&nbsp;&nbsp;&nbsp;376048 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 03/15/2030 (A)(B) | &nbsp;&nbsp;183000 | &nbsp;&nbsp;&nbsp;&nbsp;182825 |
| &nbsp;&nbsp;&nbsp;7.375%, 08/01/2033 (A)(B) | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;388936 |
| Marriott Ownership Resorts, Inc.<br> 4.500%, 06/15/2029 (A)(B) | &nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;747837 |
| Midwest Gaming Borrower LLC<br> 4.875%, 05/01/2029 (A) | &nbsp;&nbsp;657000 | &nbsp;&nbsp;&nbsp;&nbsp;638670 |
| New Red Finance, Inc.<br> 3.875%, 01/15/2028 (A) | &nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;546587 |
| Newell Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 09/15/2027 | &nbsp;&nbsp;709000 | &nbsp;&nbsp;&nbsp;&nbsp;718668 |
| &nbsp;&nbsp;&nbsp;8.500%, 06/01/2028 (A) | &nbsp;&nbsp;917000 | &nbsp;&nbsp;&nbsp;&nbsp;969944 |
| Nissan Motor Acceptance Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 09/29/2028 (A) | &nbsp;&nbsp;351000 | &nbsp;&nbsp;&nbsp;&nbsp;351226 |
| &nbsp;&nbsp;&nbsp;7.050%, 09/15/2028 (A) | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;463329 |
| Nissan Motor Company, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;7.500%, 07/17/2030 (A) | &nbsp;&nbsp;431000 | &nbsp;&nbsp;&nbsp;&nbsp;452333 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| Nissan Motor Company, Ltd. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.750%, 07/17/2032 (A) | $&nbsp;&nbsp;205000 | $&nbsp;&nbsp;&nbsp;&nbsp;216944 |
| Nordstrom, Inc.<br> 4.250%, 08/01/2031 | &nbsp;&nbsp;621000 | &nbsp;&nbsp;&nbsp;&nbsp;564078 |
| PetSmart LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.500%, 09/15/2032 (A) | &nbsp;&nbsp;433000 | &nbsp;&nbsp;&nbsp;&nbsp;433644 |
| &nbsp;&nbsp;&nbsp;10.000%, 09/15/2033 (A) | &nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;275500 |
| QVC, Inc.<br> 6.875%, 04/15/2029 (A) | &nbsp;&nbsp;534000 | &nbsp;&nbsp;&nbsp;&nbsp;288617 |
| Rakuten Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 4-22-31, then 5 Year CMT + 4.956% to 4-22-51, then 5 Year CMT + 5.706%), 04/22/2031 (A)(D) | &nbsp;&nbsp;244000 | &nbsp;&nbsp;&nbsp;&nbsp;235013 |
| &nbsp;&nbsp;&nbsp;8.125%, (8.125% to 12-15-29, then 5 Year CMT + 4.250%), 12/15/2029 (A)(D) | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;228689 |
| &nbsp;&nbsp;&nbsp;11.250%, 02/15/2027 (A) | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;411861 |
| Resorts World Las Vegas LLC<br> 8.450%, 07/27/2030 (A) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;609561 |
| Sabre GLBL, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 06/01/2027 (A)(B) | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;207936 |
| &nbsp;&nbsp;&nbsp;10.750%, 11/15/2029 (A) | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;454207 |
| &nbsp;&nbsp;&nbsp;11.125%, 07/15/2030 (A) | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;437739 |
| Saks Global Enterprises LLC |  |  |
| &nbsp;&nbsp;&nbsp;11.000%, 12/15/2029 (A) | &nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41890 |
| &nbsp;&nbsp;&nbsp;11.000%, 12/15/2029 (A) | &nbsp;&nbsp;236000 | &nbsp;&nbsp;&nbsp;&nbsp;120360 |
| SGUS LLC<br> 11.000%, 12/15/2029 (A) | &nbsp;&nbsp;152327 | &nbsp;&nbsp;&nbsp;&nbsp;143595 |
| Sotheby's<br> 7.375%, 10/15/2027 (A) | &nbsp;&nbsp;633000 | &nbsp;&nbsp;&nbsp;&nbsp;631216 |
| The Goodyear Tire & Rubber Company |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 07/15/2029 (B) | &nbsp;&nbsp;236000 | &nbsp;&nbsp;&nbsp;&nbsp;227899 |
| &nbsp;&nbsp;&nbsp;5.250%, 07/15/2031 | &nbsp;&nbsp;151000 | &nbsp;&nbsp;&nbsp;&nbsp;141843 |
| The Michaels Companies, Inc.<br> 7.875%, 05/01/2029 (A) | &nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;&nbsp;404140 |
| Valvoline, Inc.<br> 3.625%, 06/15/2031 (A) | &nbsp;&nbsp;314000 | &nbsp;&nbsp;&nbsp;&nbsp;287909 |
| Wand NewCo 3, Inc.<br> 7.625%, 01/30/2032 (A) | &nbsp;&nbsp;297000 | &nbsp;&nbsp;&nbsp;&nbsp;312925 |
| Wayfair LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.250%, 10/31/2029 (A) | &nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp;119601 |
| &nbsp;&nbsp;&nbsp;7.750%, 09/15/2030 (A) | &nbsp;&nbsp;641000 | &nbsp;&nbsp;&nbsp;&nbsp;672246 |
| Whirlpool Corp.<br> 6.125%, 06/15/2030 | &nbsp;&nbsp;537000 | &nbsp;&nbsp;&nbsp;&nbsp;541206 |
| Wyndham Hotels & Resorts, Inc.<br> 4.375%, 08/15/2028 (A) | &nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;551548 |
| ZF North America Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 04/23/2030 (A) | &nbsp;&nbsp;555000 | &nbsp;&nbsp;&nbsp;&nbsp;541613 |
| &nbsp;&nbsp;&nbsp;6.875%, 04/14/2028 (A) | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;557609 |
| &nbsp;&nbsp;&nbsp;7.500%, 03/24/2031 (A) | &nbsp;&nbsp;357000 | &nbsp;&nbsp;&nbsp;&nbsp;354569 |
|  |  | 29700142 |
| **Consumer staples – 3.9%** |  |  |
| Albertsons Companies, Inc.<br> 6.500%, 02/15/2028 (A) | &nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;543431 |
| Edgewell Personal Care Company |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 04/01/2029 (A) | &nbsp;&nbsp;486000 | &nbsp;&nbsp;&nbsp;&nbsp;462260 |
| &nbsp;&nbsp;&nbsp;5.500%, 06/01/2028 (A) | &nbsp;&nbsp;552000 | &nbsp;&nbsp;&nbsp;&nbsp;550819 |
| Froneri Lux FinCo SARL<br> 6.000%, 08/01/2032 (A) | 1745000 | &nbsp;&nbsp;&nbsp;1747093 |
| HLF Financing Sarl LLC<br> 12.250%, 04/15/2029 (A) | &nbsp;&nbsp;177000 | &nbsp;&nbsp;&nbsp;&nbsp;192009 |
| Lamb Weston Holdings, Inc.<br> 4.125%, 01/31/2030 (A) | &nbsp;&nbsp;588000 | &nbsp;&nbsp;&nbsp;&nbsp;564611 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer staples (continued)** |  |  |
| Opal Bidco SAS<br> 6.500%, 03/31/2032 (A) | $613000 | $&nbsp;&nbsp;&nbsp;&nbsp;628169 |
| Performance Food Group, Inc.<br> 4.250%, 08/01/2029 (A) | 578000 | &nbsp;&nbsp;&nbsp;&nbsp;561461 |
| Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 12/15/2029 (A) | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;283862 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2033 (A) | 462000 | &nbsp;&nbsp;&nbsp;&nbsp;466301 |
| Simmons Foods, Inc.<br> 4.625%, 03/01/2029 (A) | 379000 | &nbsp;&nbsp;&nbsp;&nbsp;363335 |
| US Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 02/15/2029 (A) | 470000 | &nbsp;&nbsp;&nbsp;&nbsp;462972 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/15/2033 (A) | 372000 | &nbsp;&nbsp;&nbsp;&nbsp;373948 |
|  |  | 7200271 |
| **Energy – 10.9%** |  |  |
| Antero Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 06/15/2029 (A) | 647000 | &nbsp;&nbsp;&nbsp;&nbsp;644629 |
| &nbsp;&nbsp;&nbsp;5.750%, 10/15/2033 (A) | 173000 | &nbsp;&nbsp;&nbsp;&nbsp;172233 |
| Archrock Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 04/01/2028 (A) | 176000 | &nbsp;&nbsp;&nbsp;&nbsp;176243 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2032 (A) | 627000 | &nbsp;&nbsp;&nbsp;&nbsp;643165 |
| Ascent Resources Utica Holdings LLC<br> 5.875%, 06/30/2029 (A)(B) | 586000 | &nbsp;&nbsp;&nbsp;&nbsp;584794 |
| Blue Racer Midstream LLC<br> 7.000%, 07/15/2029 (A) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;207386 |
| Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 02/01/2030 (A) | 179000 | &nbsp;&nbsp;&nbsp;&nbsp;185918 |
| &nbsp;&nbsp;&nbsp;6.875%, 07/01/2029 (A) | 382000 | &nbsp;&nbsp;&nbsp;&nbsp;395894 |
| Civitas Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.750%, 07/01/2031 (A) | 570000 | &nbsp;&nbsp;&nbsp;&nbsp;583971 |
| &nbsp;&nbsp;&nbsp;9.625%, 06/15/2033 (A) | 347000 | &nbsp;&nbsp;&nbsp;&nbsp;366504 |
| CNX Resources Corp.<br> 6.000%, 01/15/2029 (A) | 457000 | &nbsp;&nbsp;&nbsp;&nbsp;457187 |
| Crescent Energy Finance LLC<br> 8.375%, 01/15/2034 (A) | 878000 | &nbsp;&nbsp;&nbsp;&nbsp;889587 |
| Delek Logistics Partners LP<br> 7.125%, 06/01/2028 (A) | 363000 | &nbsp;&nbsp;&nbsp;&nbsp;364175 |
| Excelerate Energy LP<br> 8.000%, 05/15/2030 (A) | 470000 | &nbsp;&nbsp;&nbsp;&nbsp;500300 |
| Genesis Energy LP |  |  |
| &nbsp;&nbsp;&nbsp;8.000%, 05/15/2033 | 453000 | &nbsp;&nbsp;&nbsp;&nbsp;473815 |
| &nbsp;&nbsp;&nbsp;8.250%, 01/15/2029 | 495000 | &nbsp;&nbsp;&nbsp;&nbsp;516243 |
| Global Partners LP<br> 7.125%, 07/01/2033 (A) | 186000 | &nbsp;&nbsp;&nbsp;&nbsp;190647 |
| Hilcorp Energy I LP |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 02/01/2029 (A) | 383000 | &nbsp;&nbsp;&nbsp;&nbsp;377293 |
| &nbsp;&nbsp;&nbsp;6.000%, 04/15/2030 (A) | 358000 | &nbsp;&nbsp;&nbsp;&nbsp;351824 |
| Howard Midstream Energy Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 01/15/2034 (A) | 154000 | &nbsp;&nbsp;&nbsp;&nbsp;157015 |
| &nbsp;&nbsp;&nbsp;7.375%, 07/15/2032 (A) | 199000 | &nbsp;&nbsp;&nbsp;&nbsp;206567 |
| Kinetik Holdings LP<br> 6.625%, 12/15/2028 (A) | 178000 | &nbsp;&nbsp;&nbsp;&nbsp;182703 |
| Kodiak Gas Services LLC<br> 6.500%, 10/01/2033 (A) | 242000 | &nbsp;&nbsp;&nbsp;&nbsp;246399 |
| Long Ridge Energy LLC<br> 8.750%, 02/15/2032 (A) | 423000 | &nbsp;&nbsp;&nbsp;&nbsp;434805 |
| Northern Oil & Gas, Inc.<br> 7.875%, 10/15/2033 (A) | 104000 | &nbsp;&nbsp;&nbsp;&nbsp;103589 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 05/01/2030 (A) | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;179869 |
| &nbsp;&nbsp;&nbsp;5.875%, 07/15/2027 (A) | 635000 | &nbsp;&nbsp;&nbsp;&nbsp;634465 |
| Permian Resources Operating LLC<br> 7.000%, 01/15/2032 (A) | 485000 | &nbsp;&nbsp;&nbsp;&nbsp;503012 |
| Rockies Express Pipeline LLC<br> 6.750%, 03/15/2033 (A) | 535000 | &nbsp;&nbsp;&nbsp;&nbsp;558441 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| SESI LLC<br> 7.875%, 09/30/2030 (A) | $&nbsp;&nbsp;173000 | $&nbsp;&nbsp;&nbsp;&nbsp;173000 |
| SM Energy Company<br> 7.000%, 08/01/2032 (A) | &nbsp;&nbsp;539000 | &nbsp;&nbsp;&nbsp;&nbsp;539416 |
| South Bow Canadian Infrastructure Holdings, Ltd.<br> 7.500%, (7.500% to 3-1-35, then 5 Year CMT + 3.667%), 03/01/2055 | &nbsp;&nbsp;352000 | &nbsp;&nbsp;&nbsp;&nbsp;373776 |
| Sunoco LP |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 04/30/2030 | &nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;369733 |
| &nbsp;&nbsp;&nbsp;5.625%, 03/15/2031 (A) | &nbsp;&nbsp;229000 | &nbsp;&nbsp;&nbsp;&nbsp;227311 |
| &nbsp;&nbsp;&nbsp;5.875%, 03/15/2034 (A) | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;396537 |
| &nbsp;&nbsp;&nbsp;6.000%, 04/15/2027 | &nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp;451830 |
| Transocean International, Ltd.<br> 7.875%, 10/15/2032 (A) | &nbsp;&nbsp;&nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69000 |
| USA Compression Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 10/01/2033 (A) | &nbsp;&nbsp;262000 | &nbsp;&nbsp;&nbsp;&nbsp;263002 |
| &nbsp;&nbsp;&nbsp;6.875%, 09/01/2027 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;349921 |
| &nbsp;&nbsp;&nbsp;7.125%, 03/15/2029 (A) | &nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp;189764 |
| Valaris, Ltd.<br> 8.375%, 04/30/2030 (A) | &nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;186812 |
| Venture Global Calcasieu Pass LLC<br> 6.250%, 01/15/2030 (A) | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;463935 |
| Venture Global LNG, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 01/15/2030 (A)(B) | &nbsp;&nbsp;531000 | &nbsp;&nbsp;&nbsp;&nbsp;549460 |
| &nbsp;&nbsp;&nbsp;9.000%, (9.000% to 9-30-29, then 5 Year CMT + 5.440%), 09/30/2029 (A)(D) | 1954000 | &nbsp;&nbsp;&nbsp;1936566 |
| &nbsp;&nbsp;&nbsp;9.500%, 02/01/2029 (A) | &nbsp;&nbsp;812000 | &nbsp;&nbsp;&nbsp;&nbsp;894844 |
| Venture Global Plaquemines LNG LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 01/15/2034 (A) | &nbsp;&nbsp;213000 | &nbsp;&nbsp;&nbsp;&nbsp;224216 |
| &nbsp;&nbsp;&nbsp;7.500%, 05/01/2033 (A) | &nbsp;&nbsp;866000 | &nbsp;&nbsp;&nbsp;&nbsp;956939 |
|  |  | 19904735 |
| **Financials – 10.5%** |  |  |
| Acrisure LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.500%, 11/06/2030 (A) | &nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;614633 |
| &nbsp;&nbsp;&nbsp;8.500%, 06/15/2029 (A) | &nbsp;&nbsp;346000 | &nbsp;&nbsp;&nbsp;&nbsp;363249 |
| Alliant Holdings Intermediate LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 04/15/2028 (A) | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;407090 |
| &nbsp;&nbsp;&nbsp;7.000%, 01/15/2031 (A) | &nbsp;&nbsp;536000 | &nbsp;&nbsp;&nbsp;&nbsp;553810 |
| &nbsp;&nbsp;&nbsp;7.375%, 10/01/2032 (A) | &nbsp;&nbsp;446000 | &nbsp;&nbsp;&nbsp;&nbsp;459573 |
| Amynta Agency Borrower, Inc.<br> 7.500%, 07/15/2033 (A) | &nbsp;&nbsp;&nbsp;&nbsp;62000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63466 |
| Baldwin Insurance Group Holdings LLC<br> 7.125%, 05/15/2031 (A) | &nbsp;&nbsp;242000 | &nbsp;&nbsp;&nbsp;&nbsp;251208 |
| Blackstone Mortgage Trust, Inc.<br> 7.750%, 12/01/2029 (A) | &nbsp;&nbsp;614000 | &nbsp;&nbsp;&nbsp;&nbsp;647815 |
| Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2031 | &nbsp;&nbsp;814000 | &nbsp;&nbsp;&nbsp;&nbsp;757527 |
| &nbsp;&nbsp;&nbsp;5.625%, 08/15/2030 (A) | &nbsp;&nbsp;397000 | &nbsp;&nbsp;&nbsp;&nbsp;402232 |
| &nbsp;&nbsp;&nbsp;6.000%, 08/15/2033 (A) | &nbsp;&nbsp;317000 | &nbsp;&nbsp;&nbsp;&nbsp;324621 |
| Boost Newco Borrower LLC<br> 7.500%, 01/15/2031 (A) | &nbsp;&nbsp;378000 | &nbsp;&nbsp;&nbsp;&nbsp;401018 |
| Brookfield Finance, Inc.<br> 6.300%, (6.300% to 1-15-35, then 5 Year CMT + 2.076%), 01/15/2055 (B) | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;376758 |
| Credit Acceptance Corp.<br> 6.625%, 03/15/2030 (A) | &nbsp;&nbsp;299000 | &nbsp;&nbsp;&nbsp;&nbsp;299496 |
| CrossCountry Intermediate HoldCo LLC<br> 6.500%, 10/01/2030 (A) | &nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp;176648 |
| Focus Financial Partners LLC<br> 6.750%, 09/15/2031 (A) | &nbsp;&nbsp;826000 | &nbsp;&nbsp;&nbsp;&nbsp;845921 |
| Freedom Mortgage Corp.<br> 12.250%, 10/01/2030 (A) | &nbsp;&nbsp;768000 | &nbsp;&nbsp;&nbsp;&nbsp;856736 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Freedom Mortgage Holdings LLC<br> 7.875%, 04/01/2033 (A) | $&nbsp;&nbsp;182000 | $&nbsp;&nbsp;&nbsp;&nbsp;187492 |
| Global Atlantic Financial Company<br> 7.950%, (7.950% to 10-15-29, then 5 Year CMT + 3.608%), 10/15/2054 (A) | &nbsp;&nbsp;522000 | &nbsp;&nbsp;&nbsp;&nbsp;552322 |
| goeasy, Ltd.<br> 7.375%, 10/01/2030 (A) | &nbsp;&nbsp;607000 | &nbsp;&nbsp;&nbsp;&nbsp;610044 |
| Howden UK Refinance PLC<br> 7.250%, 02/15/2031 (A) | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;401533 |
| HUB International, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;7.250%, 06/15/2030 (A) | &nbsp;&nbsp;678000 | &nbsp;&nbsp;&nbsp;&nbsp;707090 |
| &nbsp;&nbsp;&nbsp;7.375%, 01/31/2032 (A) | &nbsp;&nbsp;441000 | &nbsp;&nbsp;&nbsp;&nbsp;459231 |
| Nationstar Mortgage Holdings, Inc.<br> 6.500%, 08/01/2029 (A) | &nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;553980 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 05/15/2030 | &nbsp;&nbsp;737000 | &nbsp;&nbsp;&nbsp;&nbsp;746349 |
| &nbsp;&nbsp;&nbsp;6.500%, 03/15/2033 | &nbsp;&nbsp;599000 | &nbsp;&nbsp;&nbsp;&nbsp;599946 |
| &nbsp;&nbsp;&nbsp;6.750%, 03/15/2032 | &nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp;182315 |
| &nbsp;&nbsp;&nbsp;7.875%, 03/15/2030 | 1105000 | &nbsp;&nbsp;&nbsp;1169261 |
| Osaic Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 08/01/2032 (A) | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;273702 |
| &nbsp;&nbsp;&nbsp;8.000%, 08/01/2033 (A) | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36274 |
| Panther Escrow Issuer LLC<br> 7.125%, 06/01/2031 (A) | &nbsp;&nbsp;596000 | &nbsp;&nbsp;&nbsp;&nbsp;619910 |
| PennyMac Financial Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 02/15/2034 (A) | &nbsp;&nbsp;352000 | &nbsp;&nbsp;&nbsp;&nbsp;359070 |
| &nbsp;&nbsp;&nbsp;6.875%, 05/15/2032 (A) | &nbsp;&nbsp;297000 | &nbsp;&nbsp;&nbsp;&nbsp;307751 |
| PHH Escrow Issuer LLC<br> 9.875%, 11/01/2029 (A) | &nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;187521 |
| Popular, Inc.<br> 7.250%, 03/13/2028 (B) | &nbsp;&nbsp;609000 | &nbsp;&nbsp;&nbsp;&nbsp;636253 |
| Rocket Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 08/01/2030 (A) | 1606000 | &nbsp;&nbsp;&nbsp;1648270 |
| &nbsp;&nbsp;&nbsp;6.375%, 08/01/2033 (A) | &nbsp;&nbsp;383000 | &nbsp;&nbsp;&nbsp;&nbsp;395300 |
| Starwood Property Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 10/15/2028 (A) | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;375109 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2031 (A) | &nbsp;&nbsp;208000 | &nbsp;&nbsp;&nbsp;&nbsp;207871 |
| Walker & Dunlop, Inc.<br> 6.625%, 04/01/2033 (A) | &nbsp;&nbsp;257000 | &nbsp;&nbsp;&nbsp;&nbsp;262820 |
|  |  | 19281215 |
| **Health care – 6.6%** |  |  |
| Acadia Healthcare Company, Inc.<br> 7.375%, 03/15/2033 (A)(B) | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;565813 |
| AdaptHealth LLC<br> 4.625%, 08/01/2029 (A) | &nbsp;&nbsp;667000 | &nbsp;&nbsp;&nbsp;&nbsp;630509 |
| AMN Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 04/15/2029 (A)(B) | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;471532 |
| &nbsp;&nbsp;&nbsp;6.500%, 01/15/2031 (A) | &nbsp;&nbsp;244000 | &nbsp;&nbsp;&nbsp;&nbsp;244754 |
| Bausch Health Companies, Inc.<br> 10.000%, 04/15/2032 (A) | 1258000 | &nbsp;&nbsp;&nbsp;1289515 |
| DaVita, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 02/15/2031 (A) | &nbsp;&nbsp;619000 | &nbsp;&nbsp;&nbsp;&nbsp;566941 |
| &nbsp;&nbsp;&nbsp;4.625%, 06/01/2030 (A) | &nbsp;&nbsp;779000 | &nbsp;&nbsp;&nbsp;&nbsp;746585 |
| Endo Finance Holdings, Inc.<br> 8.500%, 04/15/2031 (A)(B) | &nbsp;&nbsp;764000 | &nbsp;&nbsp;&nbsp;&nbsp;819672 |
| HealthEquity, Inc.<br> 4.500%, 10/01/2029 (A) | &nbsp;&nbsp;765000 | &nbsp;&nbsp;&nbsp;&nbsp;741763 |
| IQVIA, Inc.<br> 6.500%, 05/15/2030 (A) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;620093 |
| Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 10/01/2029 (A) | 1071000 | &nbsp;&nbsp;&nbsp;1061739 |
| &nbsp;&nbsp;&nbsp;6.250%, 04/01/2029 (A) | 1156000 | &nbsp;&nbsp;&nbsp;1185368 |
| Organon & Company<br> 4.125%, 04/30/2028 (A) | &nbsp;&nbsp;764000 | &nbsp;&nbsp;&nbsp;&nbsp;738133 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care (continued)** |  |  |
| Raven Acquisition Holdings LLC<br> 6.875%, 11/15/2031 (A) | $294000 | $&nbsp;&nbsp;&nbsp;&nbsp;302134 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 01/15/2030 | 445000 | &nbsp;&nbsp;&nbsp;&nbsp;432783 |
| &nbsp;&nbsp;&nbsp;5.125%, 11/01/2027 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;399266 |
| &nbsp;&nbsp;&nbsp;6.750%, 05/15/2031 | 429000 | &nbsp;&nbsp;&nbsp;&nbsp;444135 |
| Varex Imaging Corp.<br> 7.875%, 10/15/2027 (A) | 703000 | &nbsp;&nbsp;&nbsp;&nbsp;715836 |
|  |  | 11976571 |
| **Industrials – 11.6%** |  |  |
| Albion Financing 1 SARL<br> 7.000%, 05/21/2030 (A) | 381000 | &nbsp;&nbsp;&nbsp;&nbsp;394068 |
| Allied Universal Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 06/01/2028 (A) | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;588338 |
| &nbsp;&nbsp;&nbsp;6.875%, 06/15/2030 (A) | 770000 | &nbsp;&nbsp;&nbsp;&nbsp;791429 |
| &nbsp;&nbsp;&nbsp;7.875%, 02/15/2031 (A) | 560000 | &nbsp;&nbsp;&nbsp;&nbsp;587158 |
| Amentum Holdings, Inc.<br> 7.250%, 08/01/2032 (A) | 117000 | &nbsp;&nbsp;&nbsp;&nbsp;121489 |
| Anagram Holdings LLC<br> 10.000%, (0.000% Cash and 10.000% PIK), 08/15/2026 (A)(C)(E) | &nbsp;&nbsp;96052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Arcosa, Inc.<br> 4.375%, 04/15/2029 (A) | 480000 | &nbsp;&nbsp;&nbsp;&nbsp;466745 |
| Axon Enterprise, Inc.<br> 6.250%, 03/15/2033 (A) | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;185273 |
| Boise Cascade Company<br> 4.875%, 07/01/2030 (A)(B) | 477000 | &nbsp;&nbsp;&nbsp;&nbsp;466802 |
| Brundage-Bone Concrete Pumping Holdings, Inc.<br> 7.500%, 02/01/2032 (A) | 447000 | &nbsp;&nbsp;&nbsp;&nbsp;451625 |
| Builders FirstSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/01/2032 (A)(B) | 201000 | &nbsp;&nbsp;&nbsp;&nbsp;189028 |
| &nbsp;&nbsp;&nbsp;6.375%, 06/15/2032 (A) | 385000 | &nbsp;&nbsp;&nbsp;&nbsp;397956 |
| &nbsp;&nbsp;&nbsp;6.750%, 05/15/2035 (A) | 355000 | &nbsp;&nbsp;&nbsp;&nbsp;370667 |
| CACI International, Inc.<br> 6.375%, 06/15/2033 (A) | 350000 | &nbsp;&nbsp;&nbsp;&nbsp;361043 |
| Cimpress PLC<br> 7.375%, 09/15/2032 (A) | &nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90683 |
| Clean Harbors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 10/15/2033 (A) | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;176529 |
| &nbsp;&nbsp;&nbsp;6.375%, 02/01/2031 (A) | 357000 | &nbsp;&nbsp;&nbsp;&nbsp;365580 |
| Dycom Industries, Inc.<br> 4.500%, 04/15/2029 (A) | 572000 | &nbsp;&nbsp;&nbsp;&nbsp;558640 |
| EMRLD Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 12/15/2030 (A) | 536000 | &nbsp;&nbsp;&nbsp;&nbsp;550981 |
| &nbsp;&nbsp;&nbsp;6.750%, 07/15/2031 (A) | 535000 | &nbsp;&nbsp;&nbsp;&nbsp;555680 |
| Enpro, Inc.<br> 6.125%, 06/01/2033 (A) | 373000 | &nbsp;&nbsp;&nbsp;&nbsp;381222 |
| FTAI Aviation Investors LLC<br> 7.000%, 06/15/2032 (A) | 728000 | &nbsp;&nbsp;&nbsp;&nbsp;761868 |
| Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;8.250%, 08/01/2032 (A) | 182000 | &nbsp;&nbsp;&nbsp;&nbsp;188660 |
| &nbsp;&nbsp;&nbsp;8.375%, 11/15/2032 (A) | 264000 | &nbsp;&nbsp;&nbsp;&nbsp;274039 |
| Global Infrastructure Solutions, Inc.<br> 5.625%, 06/01/2029 (A) | 559000 | &nbsp;&nbsp;&nbsp;&nbsp;549235 |
| Herc Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 06/15/2029 (A) | 355000 | &nbsp;&nbsp;&nbsp;&nbsp;364764 |
| &nbsp;&nbsp;&nbsp;7.000%, 06/15/2030 (A) | 360000 | &nbsp;&nbsp;&nbsp;&nbsp;373941 |
| JB Poindexter & Company, Inc.<br> 8.750%, 12/15/2031 (A) | 444000 | &nbsp;&nbsp;&nbsp;&nbsp;465025 |
| JELD-WEN, Inc.<br> 7.000%, 09/01/2032 (A)(B) | 758000 | &nbsp;&nbsp;&nbsp;&nbsp;640114 |
| JetBlue Airways Corp.<br> 9.875%, 09/20/2031 (A) | 892000 | &nbsp;&nbsp;&nbsp;&nbsp;904731 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| Miter Brands Acquisition Holdco, Inc.<br> 6.750%, 04/01/2032 (A) | $&nbsp;&nbsp;269000 | $&nbsp;&nbsp;&nbsp;&nbsp;276331 |
| OneSky Flight LLC<br> 8.875%, 12/15/2029 (A) | &nbsp;&nbsp;191000 | &nbsp;&nbsp;&nbsp;&nbsp;200847 |
| Stanley Black & Decker, Inc.<br> 6.707%, (6.707% to 3-15-30, then 5 Year CMT + 2.657%), 03/15/2060 | &nbsp;&nbsp;548000 | &nbsp;&nbsp;&nbsp;&nbsp;549820 |
| The Brink's Company<br> 6.500%, 06/15/2029 (A) | &nbsp;&nbsp;178000 | &nbsp;&nbsp;&nbsp;&nbsp;183180 |
| The GEO Group, Inc.<br> 10.250%, 04/15/2031 | &nbsp;&nbsp;907000 | &nbsp;&nbsp;&nbsp;&nbsp;997988 |
| TK Elevator U.S. Newco, Inc.<br> 5.250%, 07/15/2027 (A) | &nbsp;&nbsp;549000 | &nbsp;&nbsp;&nbsp;&nbsp;547059 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 05/01/2029 | &nbsp;&nbsp;933000 | &nbsp;&nbsp;&nbsp;&nbsp;919218 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2029 (A) | &nbsp;&nbsp;546000 | &nbsp;&nbsp;&nbsp;&nbsp;558231 |
| &nbsp;&nbsp;&nbsp;6.750%, 01/31/2034 (A) | &nbsp;&nbsp;481000 | &nbsp;&nbsp;&nbsp;&nbsp;497334 |
| &nbsp;&nbsp;&nbsp;7.125%, 12/01/2031 (A) | &nbsp;&nbsp;439000 | &nbsp;&nbsp;&nbsp;&nbsp;457916 |
| TriNet Group, Inc.<br> 7.125%, 08/15/2031 (A) | &nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;640415 |
| United Rentals North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2031 | &nbsp;&nbsp;298000 | &nbsp;&nbsp;&nbsp;&nbsp;281914 |
| &nbsp;&nbsp;&nbsp;4.000%, 07/15/2030 | &nbsp;&nbsp;588000 | &nbsp;&nbsp;&nbsp;&nbsp;562421 |
| VT Topco, Inc.<br> 8.500%, 08/15/2030 (A) | &nbsp;&nbsp;599000 | &nbsp;&nbsp;&nbsp;&nbsp;609429 |
| Watco Companies LLC<br> 7.125%, 08/01/2032 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;207014 |
| WESCO Distribution, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 03/15/2029 (A) | &nbsp;&nbsp;574000 | &nbsp;&nbsp;&nbsp;&nbsp;590979 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/15/2033 (A) | &nbsp;&nbsp;183000 | &nbsp;&nbsp;&nbsp;&nbsp;189703 |
| &nbsp;&nbsp;&nbsp;7.250%, 06/15/2028 (A) | &nbsp;&nbsp;322000 | &nbsp;&nbsp;&nbsp;&nbsp;326186 |
|  |  | 21169298 |
| **Information technology – 6.1%** |  |  |
| Amkor Technology, Inc.<br> 5.875%, 10/01/2033 (A) | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;106069 |
| Cloud Software Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 03/31/2029 (A) | &nbsp;&nbsp;611000 | &nbsp;&nbsp;&nbsp;&nbsp;616511 |
| &nbsp;&nbsp;&nbsp;6.625%, 08/15/2033 (A) | &nbsp;&nbsp;191000 | &nbsp;&nbsp;&nbsp;&nbsp;194431 |
| &nbsp;&nbsp;&nbsp;8.250%, 06/30/2032 (A) | 1074000 | &nbsp;&nbsp;&nbsp;1139249 |
| &nbsp;&nbsp;&nbsp;9.000%, 09/30/2029 (A) | 1247000 | &nbsp;&nbsp;&nbsp;1293396 |
| Consensus Cloud Solutions, Inc.<br> 6.500%, 10/15/2028 (A) | &nbsp;&nbsp;484000 | &nbsp;&nbsp;&nbsp;&nbsp;486130 |
| CoreWeave, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;9.000%, 02/01/2031 (A) | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;174229 |
| &nbsp;&nbsp;&nbsp;9.250%, 06/01/2030 (A) | &nbsp;&nbsp;241000 | &nbsp;&nbsp;&nbsp;&nbsp;248903 |
| Diebold Nixdorf, Inc.<br> 7.750%, 03/31/2030 (A) | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;348105 |
| EchoStar Corp.<br> 10.750%, 11/30/2029 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;462071 |
| Insight Enterprises, Inc.<br> 6.625%, 05/15/2032 (A) | &nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp;183529 |
| Kioxia Holdings Corp.<br> 6.250%, 07/24/2030 (A) | &nbsp;&nbsp;916000 | &nbsp;&nbsp;&nbsp;&nbsp;934324 |
| NCR Voyix Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 04/15/2029 (A) | &nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37389 |
| &nbsp;&nbsp;&nbsp;5.250%, 10/01/2030 (A) | &nbsp;&nbsp;557000 | &nbsp;&nbsp;&nbsp;&nbsp;529150 |
| ON Semiconductor Corp.<br> 3.875%, 09/01/2028 (A) | &nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;655095 |
| Open Text Corp.<br> 3.875%, 02/15/2028 (A) | &nbsp;&nbsp;458000 | &nbsp;&nbsp;&nbsp;&nbsp;445374 |
| Open Text Holdings, Inc.<br> 4.125%, 02/15/2030 (A) | &nbsp;&nbsp;468000 | &nbsp;&nbsp;&nbsp;&nbsp;443335 |
| Pagaya US Holdings Company LLC<br> 8.875%, 08/01/2030 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;186228 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Information technology (continued)** |  |  |
| Seagate Data Storage Technology<br> Pte, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 12/01/2034 (A) | $647000 | $&nbsp;&nbsp;&nbsp;&nbsp;644917 |
| &nbsp;&nbsp;&nbsp;8.250%, 12/15/2029 (A) | 253000 | &nbsp;&nbsp;&nbsp;&nbsp;267826 |
| UKG, Inc.<br> 6.875%, 02/01/2031 (A) | 777000 | &nbsp;&nbsp;&nbsp;&nbsp;801736 |
| Virtusa Corp.<br> 7.125%, 12/15/2028 (A)(B) | 561000 | &nbsp;&nbsp;&nbsp;&nbsp;548097 |
| Xerox Holdings Corp.<br> 5.500%, 08/15/2028 (A)(B) | 415000 | &nbsp;&nbsp;&nbsp;&nbsp;243819 |
| Zebra Technologies Corp.<br> 6.500%, 06/01/2032 (A) | 201000 | &nbsp;&nbsp;&nbsp;&nbsp;206442 |
|  |  | 11196355 |
| **Materials – 6.6%** |  |  |
| Alcoa Nederland Holding BV<br> 4.125%, 03/31/2029 (A) | 483000 | &nbsp;&nbsp;&nbsp;&nbsp;467059 |
| Amsted Industries, Inc.<br> 6.375%, 03/15/2033 (A) | 183000 | &nbsp;&nbsp;&nbsp;&nbsp;187828 |
| Ardagh Metal Packaging Finance USA LLC<br> 6.000%, 06/15/2027 (A) | 637000 | &nbsp;&nbsp;&nbsp;&nbsp;636846 |
| Ardagh Packaging Finance PLC<br> 4.125%, 08/15/2026 (A)(B) | 970000 | &nbsp;&nbsp;&nbsp;&nbsp;931200 |
| Ashland, Inc.<br> 6.875%, 05/15/2043 (B) | 435000 | &nbsp;&nbsp;&nbsp;&nbsp;454178 |
| Celanese US Holdings LLC<br> 7.050%, 11/15/2030 | 684000 | &nbsp;&nbsp;&nbsp;&nbsp;706047 |
| Champion Iron Canada, Inc.<br> 7.875%, 07/15/2032 (A) | 138000 | &nbsp;&nbsp;&nbsp;&nbsp;144284 |
| Cleveland-Cliffs, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 03/15/2032 (A)(B) | 545000 | &nbsp;&nbsp;&nbsp;&nbsp;550431 |
| &nbsp;&nbsp;&nbsp;7.500%, 09/15/2031 (A) | 549000 | &nbsp;&nbsp;&nbsp;&nbsp;565874 |
| Clydesdale Acquisition Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 04/15/2032 (A) | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;292370 |
| &nbsp;&nbsp;&nbsp;6.875%, 01/15/2030 (A) | 446000 | &nbsp;&nbsp;&nbsp;&nbsp;457511 |
| &nbsp;&nbsp;&nbsp;8.750%, 04/15/2030 (A) | 266000 | &nbsp;&nbsp;&nbsp;&nbsp;273247 |
| Fortescue Treasury Pty, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/15/2027 (A) | 278000 | &nbsp;&nbsp;&nbsp;&nbsp;276732 |
| &nbsp;&nbsp;&nbsp;5.875%, 04/15/2030 (A) | 261000 | &nbsp;&nbsp;&nbsp;&nbsp;267492 |
| Inversion Escrow Issuer LLC<br> 6.750%, 08/01/2032 (A) | 515000 | &nbsp;&nbsp;&nbsp;&nbsp;507334 |
| Magnera Corp.<br> 7.250%, 11/15/2031 (A)(B) | 628000 | &nbsp;&nbsp;&nbsp;&nbsp;590935 |
| Midwest Vanadium Proprietary, Ltd.<br> 11.500%, 02/15/2018 (A)(C) | 912943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913 |
| Northwest Acquisitions ULC<br> 7.125%, 11/01/2022 (A)(C) | 950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 |
| Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 01/30/2030 (A) | 581000 | &nbsp;&nbsp;&nbsp;&nbsp;560472 |
| &nbsp;&nbsp;&nbsp;6.375%, 08/15/2033 (A) | 283000 | &nbsp;&nbsp;&nbsp;&nbsp;285925 |
| Olympus Water US Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 10/01/2028 (A) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;192328 |
| &nbsp;&nbsp;&nbsp;7.250%, 02/15/2033 (A) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;200208 |
| Owens-Brockway Glass Container, Inc.<br> 7.250%, 05/15/2031 (A) | 907000 | &nbsp;&nbsp;&nbsp;&nbsp;923304 |
| Qnity Electronics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 08/15/2032 (A) | 214000 | &nbsp;&nbsp;&nbsp;&nbsp;215632 |
| &nbsp;&nbsp;&nbsp;6.250%, 08/15/2033 (A) | 390000 | &nbsp;&nbsp;&nbsp;&nbsp;398263 |
| Quikrete Holdings, Inc.<br> 6.375%, 03/01/2032 (A) | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;134660 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 02/01/2028 (A) | 269000 | &nbsp;&nbsp;&nbsp;&nbsp;272715 |
| &nbsp;&nbsp;&nbsp;6.875%, 07/15/2033 (A) | 432000 | &nbsp;&nbsp;&nbsp;&nbsp;469231 |
| Solstice Advanced Materials, Inc.<br> 5.625%, 09/30/2033 (A) | 209000 | &nbsp;&nbsp;&nbsp;&nbsp;209691 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Materials (continued)** |  |  |
| The Scotts Miracle-Gro Company<br> 4.000%, 04/01/2031 | &nbsp;&nbsp;542000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500179 |
| Trivium Packaging Finance BV<br> 8.250%, 07/15/2030 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213349 |
| WR Grace Holdings LLC<br> 6.625%, 08/15/2032 (A) | &nbsp;&nbsp;247000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244229 |
|  |  | &nbsp;&nbsp;&nbsp;12130477 |
| **Real estate – 2.4%** |  |  |
| Anywhere Real Estate Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 04/15/2030 (A) | &nbsp;&nbsp;247157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250123 |
| &nbsp;&nbsp;&nbsp;9.750%, 04/15/2030 (A) | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381967 |
| Diversified Healthcare Trust |  |  |
| &nbsp;&nbsp;&nbsp;3.786%, 01/15/2026 (A)(F) | &nbsp;&nbsp;203000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200770 |
| &nbsp;&nbsp;&nbsp;7.250%, 10/15/2030 (A) | &nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106715 |
| Fideicomiso Irrevocable de Emision, Administracion y Fuente de Pago Numero CIB/4323<br> 13.000%, (11.000% Cash and 2.000% PIK), 09/12/2030 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 |
| Greystar Real Estate Partners LLC<br> 7.750%, 09/01/2030 (A) | &nbsp;&nbsp;514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543355 |
| Iron Mountain Information Management Services, Inc.<br> 5.000%, 07/15/2032 (A) | &nbsp;&nbsp;403000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388307 |
| Iron Mountain, Inc.<br> 4.875%, 09/15/2029 (A) | 1136000 | &nbsp;&nbsp;&nbsp;&nbsp;1118333 |
| MPT Operating Partnership LP<br> 8.500%, 02/15/2032 (A) | &nbsp;&nbsp;188000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199762 |
| Outfront Media Capital LLC<br> 4.250%, 01/15/2029 (A) | &nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267017 |
| Uniti Group LP<br> 10.500%, 02/15/2028 (A) | &nbsp;&nbsp;383000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403376 |
| XHR LP<br> 6.625%, 05/15/2030 (A) | &nbsp;&nbsp;323000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4301599 |
| **Utilities – 2.5%** |  |  |
| Alpha Generation LLC<br> 6.750%, 10/15/2032 (A) | &nbsp;&nbsp;358000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369560 |
| Calpine Corp.<br> 4.500%, 02/15/2028 (A) | &nbsp;&nbsp;649000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646262 |
| ContourGlobal Power Holdings SA<br> 6.750%, 02/28/2030 (A) | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519370 |
| Lightning Power LLC<br> 7.250%, 08/15/2032 (A) | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555826 |
| NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2031 (A) | &nbsp;&nbsp;827000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764582 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2034 (A) | &nbsp;&nbsp;702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701283 |
| Talen Energy Supply LLC<br> 8.625%, 06/01/2030 (A) | &nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627370 |
| The AES Corp.<br> 7.600%, (7.600% to 1-15-30, then 5 Year CMT + 3.201%), 01/15/2055 | &nbsp;&nbsp;356000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368765 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4553018 |
| TOTAL CORPORATE BONDS (Cost $175,510,363) |  | $171144641 |
| **TERM LOANS (G) – 3.1%** | **TERM LOANS (G) – 3.1%** |  |
| **Communication services – 1.5%** |  |  |
| Altice France SA, 2023 USD Term Loan B14 (3 month CME Term SOFR + 5.500%) 9.818%, 08/15/2028 | &nbsp;&nbsp;498728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481272 |
| Townsquare Media, Inc., 2025 Term Loan (3 month CME Term SOFR + 5.000%) 9.195%, 02/19/2030 | &nbsp;&nbsp;592453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517656 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### High Yield Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (G) (continued)** | **TERM LOANS (G) (continued)** |  |
| **Communication services (continued)** |  |  |
| X Corp., 2025 Fixed Term Loan 9.500%, 10/26/2029 | $&nbsp;&nbsp;&nbsp;1834000 | $1838328 |
|  |  | 2837256 |
| **Consumer discretionary – 1.0%** |  |  |
| Dave & Buster's, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) 7.563%, 06/29/2029 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;931930 |
| J&J Ventures Gaming LLC, 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.500%) 7.663%, 04/26/2030 | &nbsp;&nbsp;&nbsp;&nbsp;895500 | &nbsp;&nbsp;&nbsp;&nbsp;885426 |
|  |  | 1817356 |
| **Information technology – 0.2%** |  |  |
| Xerox Corp., 2023 Term Loan B (1 and 3 month CME Term SOFR + 4.000%) 8.002%, 11/19/2029 | &nbsp;&nbsp;&nbsp;&nbsp;402512 | &nbsp;&nbsp;&nbsp;&nbsp;372827 |
| **Materials – 0.4%** |  |  |
| Arctic Canadian Diamond Company, Ltd., 2nd Lien PIK Term Loan (10.000% Cash or 12.500% PIK) 10.000%, 12/31/2027 (E) | &nbsp;&nbsp;&nbsp;&nbsp;488697 | &nbsp;&nbsp;&nbsp;&nbsp;474036 |
| Trinseo Holding Sarl, 2021 Term Loan B2 (3 month CME Term SOFR + 2.500%) 6.960%, 05/03/2028 | &nbsp;&nbsp;&nbsp;&nbsp;744171 | &nbsp;&nbsp;&nbsp;&nbsp;213205 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;687241 |
| TOTAL TERM LOANS (Cost $6,090,035) | TOTAL TERM LOANS (Cost $6,090,035) | $5714680 |
| **COMMON STOCKS – 0.0%** |  |  |
| **Communication services – 0.0%** |  |  |
| New Cotai, Inc., Class B (E)(H)(I) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Energy – 0.0%** |  |  |
| KCAD Holdings I, Ltd. (E)(H)(I) | 165553563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166 |
| MWO Holdings LLC (E)(I) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Permian Production (E)(I) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19583 | &nbsp;&nbsp;&nbsp;&nbsp;11750 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;11916 |
| TOTAL COMMON STOCKS (Cost $1,749,754) | TOTAL COMMON STOCKS (Cost $1,749,754) | $&nbsp;&nbsp;&nbsp;&nbsp;11916 |
| **PREFERRED SECURITIES – 0.4%** |  |  |
| **Financials – 0.4%** |  |  |
| Athene Holding, Ltd., 7.250% (7.250% to 3-30-29, then 5 Year CMT + 2.986%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28975 | &nbsp;&nbsp;&nbsp;&nbsp;740601 |
| TOTAL PREFERRED SECURITIES (Cost $730,106) | TOTAL PREFERRED SECURITIES (Cost $730,106) | $&nbsp;&nbsp;&nbsp;&nbsp;740601 |
| **ESCROW CERTIFICATES – 0.0%** |  |  |
| Adelphia Communications Corp. (E)(I) | $&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Adelphia Communications Corp. (E)(I) | &nbsp;&nbsp;&nbsp;2050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Adelphia Communications Corp. (E)(I) | &nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Magellan Health, Inc. (E)(I) | &nbsp;&nbsp;&nbsp;1930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Par Pharmaceutical, Inc. (E)(I) | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;23616 |
| TOTAL ESCROW CERTIFICATES (Cost $320,209) | TOTAL ESCROW CERTIFICATES (Cost $320,209) | $&nbsp;&nbsp;&nbsp;&nbsp;23616 |
| **ESCROW SHARES – 0.0%** |  |  |
| Arctic Canadian Diamonds Holding Units (E)(I) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5673 |
| TOTAL ESCROW SHARES (Cost $0) | TOTAL ESCROW SHARES (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5673 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS – 7.6%** | **SHORT-TERM INVESTMENTS – 7.6%** |  |
| **Short-term funds – 7.6%** |  |  |
| John Hancock Collateral Trust, 4.0668% (J)(K) | 1393729 | $&nbsp;&nbsp;&nbsp;13942029 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (J) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $13,942,427) | TOTAL SHORT-TERM INVESTMENTS (Cost $13,942,427) | $&nbsp;&nbsp;&nbsp;13942265 |
| **Total Investments (High Yield Trust)<br> (Cost $198,342,894) – 104.7%** | **Total Investments (High Yield Trust)<br> (Cost $198,342,894) – 104.7%** | $**191583392** |
| **Other assets and liabilities, net – (4.7%)** |  | &nbsp;&nbsp;**(8612542)** |
| **TOTAL NET ASSETS – 100.0%** |  | $**182970850** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| ICE | Intercontinental Exchange |
| PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $150,495,145 or 82.3% of the fund's net assets as of 9-30-25. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $9,393,593. |
| (C) | Non-income producing - Issuer is in default. |
| (D) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (E) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (F) | 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. |
| (G) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (H) | Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to Portfolio of Investments. |
| (I) | Non-income producing security. |
| (J) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (K) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $9,595,792. |

---

#### International Equity Index Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS - 97.8%** | **COMMON STOCKS - 97.8%** |  |
| **Australia - 4.0%** |  |  |
| ANZ Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105953 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2326571 |
| APA Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280716 |
| Aristocrat Leisure, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920313 |
| ASX, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258623 |
| BHP Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5056268 |
| BlueScope Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231081 |
| Brambles, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811276 |
| carsales.com, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333900 |
| Cochlear, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435098 |
| Coles Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726217 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Australia (continued)** |  |  |
| Commonwealth Bank of Australia | &nbsp;&nbsp;59672 | $&nbsp;&nbsp;&nbsp;6589785 |
| Computershare, Ltd. | &nbsp;&nbsp;18728 | &nbsp;&nbsp;&nbsp;&nbsp;449956 |
| CSL, Ltd. | &nbsp;&nbsp;17266 | &nbsp;&nbsp;&nbsp;2271275 |
| Evolution Mining, Ltd. | &nbsp;&nbsp;71401 | &nbsp;&nbsp;&nbsp;&nbsp;508984 |
| Fortescue, Ltd. | &nbsp;&nbsp;59389 | &nbsp;&nbsp;&nbsp;&nbsp;735499 |
| Goodman Group | &nbsp;&nbsp;71875 | &nbsp;&nbsp;&nbsp;1557602 |
| Insurance Australia Group, Ltd. | &nbsp;&nbsp;85315 | &nbsp;&nbsp;&nbsp;&nbsp;462299 |
| Macquarie Group, Ltd. | &nbsp;&nbsp;12911 | &nbsp;&nbsp;&nbsp;1874030 |
| Medibank Private, Ltd. | &nbsp;&nbsp;99625 | &nbsp;&nbsp;&nbsp;&nbsp;317385 |
| MMG, Ltd. (A) | 151200 | &nbsp;&nbsp;&nbsp;&nbsp;130955 |
| National Australia Bank, Ltd. | 108959 | &nbsp;&nbsp;&nbsp;3178523 |
| Northern Star Resources, Ltd. | &nbsp;&nbsp;48146 | &nbsp;&nbsp;&nbsp;&nbsp;751814 |
| Origin Energy, Ltd. | &nbsp;&nbsp;60705 | &nbsp;&nbsp;&nbsp;&nbsp;500967 |
| Pro Medicus, Ltd. | &nbsp;&nbsp;&nbsp;2023 | &nbsp;&nbsp;&nbsp;&nbsp;411874 |
| Qantas Airways, Ltd. | &nbsp;&nbsp;25744 | &nbsp;&nbsp;&nbsp;&nbsp;186021 |
| QBE Insurance Group, Ltd. | &nbsp;&nbsp;53844 | &nbsp;&nbsp;&nbsp;&nbsp;732723 |
| REA Group, Ltd. | &nbsp;&nbsp;&nbsp;1952 | &nbsp;&nbsp;&nbsp;&nbsp;298496 |
| Rio Tinto, Ltd. | &nbsp;&nbsp;13237 | &nbsp;&nbsp;&nbsp;1067736 |
| Santos, Ltd. | 113901 | &nbsp;&nbsp;&nbsp;&nbsp;505818 |
| Scentre Group | 187762 | &nbsp;&nbsp;&nbsp;&nbsp;506464 |
| SGH, Ltd. | &nbsp;&nbsp;&nbsp;6916 | &nbsp;&nbsp;&nbsp;&nbsp;228296 |
| Sigma Healthcare, Ltd. | 164650 | &nbsp;&nbsp;&nbsp;&nbsp;323340 |
| Sonic Healthcare, Ltd. | &nbsp;&nbsp;16282 | &nbsp;&nbsp;&nbsp;&nbsp;230616 |
| South32, Ltd. | 112851 | &nbsp;&nbsp;&nbsp;&nbsp;204567 |
| South32, Ltd. (London Stock Exchange) | &nbsp;&nbsp;48980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88766 |
| Stockland | &nbsp;&nbsp;91655 | &nbsp;&nbsp;&nbsp;&nbsp;370672 |
| Suncorp Group, Ltd. | &nbsp;&nbsp;38142 | &nbsp;&nbsp;&nbsp;&nbsp;511396 |
| Telstra Group, Ltd. | 142830 | &nbsp;&nbsp;&nbsp;&nbsp;455359 |
| The Lottery Corp., Ltd. | &nbsp;&nbsp;82609 | &nbsp;&nbsp;&nbsp;&nbsp;320785 |
| Transurban Group | 110606 | &nbsp;&nbsp;&nbsp;1009152 |
| Vicinity, Ltd. | 151569 | &nbsp;&nbsp;&nbsp;&nbsp;252516 |
| Washington H. Soul Pattinson & Company, Ltd. | &nbsp;&nbsp;&nbsp;8229 | &nbsp;&nbsp;&nbsp;&nbsp;209516 |
| Wesfarmers, Ltd. | &nbsp;&nbsp;40464 | &nbsp;&nbsp;&nbsp;2461557 |
| Westpac Banking Corp. | 122065 | &nbsp;&nbsp;&nbsp;3144983 |
| WiseTech Global, Ltd. | &nbsp;&nbsp;&nbsp;7058 | &nbsp;&nbsp;&nbsp;&nbsp;421950 |
| Woodside Energy Group, Ltd. | &nbsp;&nbsp;67706 | &nbsp;&nbsp;&nbsp;1022425 |
| Woolworths Group, Ltd. | &nbsp;&nbsp;43560 | &nbsp;&nbsp;&nbsp;&nbsp;768749 |
|  |  | 46442914 |
| **Austria - 0.1%** |  |  |
| Erste Group Bank AG | &nbsp;&nbsp;10998 | &nbsp;&nbsp;&nbsp;1081134 |
| OMV AG | &nbsp;&nbsp;&nbsp;5543 | &nbsp;&nbsp;&nbsp;&nbsp;296151 |
| Verbund AG | &nbsp;&nbsp;&nbsp;2442 | &nbsp;&nbsp;&nbsp;&nbsp;177859 |
|  |  | &nbsp;&nbsp;&nbsp;1555144 |
| **Belgium - 0.5%** |  |  |
| Ageas SA/NV | &nbsp;&nbsp;&nbsp;5462 | &nbsp;&nbsp;&nbsp;&nbsp;378825 |
| Anheuser-Busch InBev SA/NV | &nbsp;&nbsp;35247 | &nbsp;&nbsp;&nbsp;2106954 |
| D'ieteren Group | &nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;159544 |
| Elia Group SA/NV | &nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp;202180 |
| Groupe Bruxelles Lambert NV | &nbsp;&nbsp;&nbsp;2961 | &nbsp;&nbsp;&nbsp;&nbsp;265452 |
| KBC Group NV | &nbsp;&nbsp;&nbsp;8189 | &nbsp;&nbsp;&nbsp;&nbsp;981364 |
| Lotus Bakeries NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14 | &nbsp;&nbsp;&nbsp;&nbsp;132100 |
| Sofina SA | &nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp;158778 |
| Syensqo SA | &nbsp;&nbsp;&nbsp;2508 | &nbsp;&nbsp;&nbsp;&nbsp;203620 |
| UCB SA | &nbsp;&nbsp;&nbsp;4453 | &nbsp;&nbsp;&nbsp;1242991 |
|  |  | &nbsp;&nbsp;&nbsp;5831808 |
| **Brazil - 1.0%** |  |  |
| Ambev SA | 165730 | &nbsp;&nbsp;&nbsp;&nbsp;376472 |
| B3 SA - Brasil Bolsa Balcao | 196921 | &nbsp;&nbsp;&nbsp;&nbsp;495794 |
| Banco Bradesco SA | &nbsp;&nbsp;56324 | &nbsp;&nbsp;&nbsp;&nbsp;161175 |
| Banco BTG Pactual SA | &nbsp;&nbsp;40604 | &nbsp;&nbsp;&nbsp;&nbsp;368181 |
| Banco do Brasil SA | &nbsp;&nbsp;60326 | &nbsp;&nbsp;&nbsp;&nbsp;250383 |
| BB Seguridade Participacoes SA | &nbsp;&nbsp;24400 | &nbsp;&nbsp;&nbsp;&nbsp;152481 |
| Caixa Seguridade Participacoes SA | &nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58768 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Brazil (continued)** |  |  |
| Centrais Eletricas Brasileiras SA | &nbsp;&nbsp;42847 | $&nbsp;&nbsp;&nbsp;&nbsp;422814 |
| Centrais Eletricas Brasileiras SA, ADR | &nbsp;&nbsp;&nbsp;1429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14804 |
| Cia de Saneamento Basico do Estado de Sao Paulo | &nbsp;&nbsp;16670 | &nbsp;&nbsp;&nbsp;&nbsp;413974 |
| CPFL Energia SA | &nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58483 |
| Embraer SA | &nbsp;&nbsp;24600 | &nbsp;&nbsp;&nbsp;&nbsp;371109 |
| Energisa SA | &nbsp;&nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84572 |
| Eneva SA (A) | &nbsp;&nbsp;27600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85825 |
| Engie Brasil Energia SA | &nbsp;&nbsp;&nbsp;7275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55633 |
| Equatorial Energia SA | &nbsp;&nbsp;43634 | &nbsp;&nbsp;&nbsp;&nbsp;302931 |
| JBS NV (A) | &nbsp;&nbsp;13687 | &nbsp;&nbsp;&nbsp;&nbsp;204671 |
| Klabin SA | &nbsp;&nbsp;26400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89484 |
| Localiza Rent a Car SA | &nbsp;&nbsp;32451 | &nbsp;&nbsp;&nbsp;&nbsp;240536 |
| MBRF Global Foods Company SA | &nbsp;&nbsp;17638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64360 |
| Motiva Infraestrutura de Mobilidade SA | &nbsp;&nbsp;40100 | &nbsp;&nbsp;&nbsp;&nbsp;112112 |
| NU Holdings, Ltd., Class A (A) | 121000 | &nbsp;&nbsp;&nbsp;1937210 |
| Petroleo Brasileiro SA | 132729 | &nbsp;&nbsp;&nbsp;&nbsp;842423 |
| Porto Seguro SA | &nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64641 |
| PRIO SA (A) | &nbsp;&nbsp;30400 | &nbsp;&nbsp;&nbsp;&nbsp;217794 |
| Raia Drogasil SA | &nbsp;&nbsp;44036 | &nbsp;&nbsp;&nbsp;&nbsp;152406 |
| Rede D'Or Sao Luiz SA (B) | &nbsp;&nbsp;27900 | &nbsp;&nbsp;&nbsp;&nbsp;220589 |
| Rumo SA | &nbsp;&nbsp;45451 | &nbsp;&nbsp;&nbsp;&nbsp;136381 |
| Suzano SA | &nbsp;&nbsp;24163 | &nbsp;&nbsp;&nbsp;&nbsp;226546 |
| Telefonica Brasil SA | &nbsp;&nbsp;19280 | &nbsp;&nbsp;&nbsp;&nbsp;123420 |
| Telefonica Brasil SA, ADR | &nbsp;&nbsp;&nbsp;6017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76717 |
| TIM SA | &nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;123632 |
| TOTVS SA | &nbsp;&nbsp;17746 | &nbsp;&nbsp;&nbsp;&nbsp;153145 |
| Ultrapar Participacoes SA | &nbsp;&nbsp;25400 | &nbsp;&nbsp;&nbsp;&nbsp;104850 |
| Vale SA | 129250 | &nbsp;&nbsp;&nbsp;1398321 |
| Vibra Energia SA | &nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp;164018 |
| WEG SA | &nbsp;&nbsp;58916 | &nbsp;&nbsp;&nbsp;&nbsp;405042 |
| XP, Inc., Class A | &nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp;244270 |
|  |  | 10975967 |
| **Canada - 8.1%** |  |  |
| Agnico Eagle Mines, Ltd. | &nbsp;&nbsp;17965 | &nbsp;&nbsp;&nbsp;3025793 |
| Alamos Gold, Inc., Class A | &nbsp;&nbsp;15014 | &nbsp;&nbsp;&nbsp;&nbsp;523338 |
| Alimentation Couche-Tard, Inc. | &nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;1440504 |
| AltaGas, Ltd. | &nbsp;&nbsp;10300 | &nbsp;&nbsp;&nbsp;&nbsp;317356 |
| ARC Resources, Ltd. | &nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;377499 |
| AtkinsRealis Group, Inc. | &nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp;425807 |
| Bank of Montreal | &nbsp;&nbsp;25777 | &nbsp;&nbsp;&nbsp;3358956 |
| Barrick Mining Corp. | &nbsp;&nbsp;18057 | &nbsp;&nbsp;&nbsp;&nbsp;597120 |
| Barrick Mining Corp. (Toronto Stock Exchange) | &nbsp;&nbsp;43777 | &nbsp;&nbsp;&nbsp;1437843 |
| BCE, Inc. | &nbsp;&nbsp;&nbsp;3117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72835 |
| Bombardier, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;434428 |
| Brookfield Corp. | &nbsp;&nbsp;48572 | &nbsp;&nbsp;&nbsp;3332716 |
| CAE, Inc. (A) | &nbsp;&nbsp;10900 | &nbsp;&nbsp;&nbsp;&nbsp;322763 |
| Cameco Corp. | &nbsp;&nbsp;15600 | &nbsp;&nbsp;&nbsp;1309248 |
| Canadian Imperial Bank of Commerce | &nbsp;&nbsp;33557 | &nbsp;&nbsp;&nbsp;2681522 |
| Canadian National Railway Company | &nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;1791737 |
| Canadian Natural Resources, Ltd. | &nbsp;&nbsp;74520 | &nbsp;&nbsp;&nbsp;2382798 |
| Canadian Pacific Kansas City, Ltd. | &nbsp;&nbsp;33200 | &nbsp;&nbsp;&nbsp;2472645 |
| Canadian Tire Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;214275 |
| Canadian Utilities, Ltd., Class A | &nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;128676 |
| CCL Industries, Inc., Class B | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;304359 |
| Celestica, Inc. (A) | &nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;1008929 |
| Cenovus Energy, Inc. | &nbsp;&nbsp;49202 | &nbsp;&nbsp;&nbsp;&nbsp;835412 |
| CGI, Inc. | &nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp;641311 |
| Constellation Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;1900256 |
| Dollarama, Inc. | &nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;1305631 |
| Element Fleet Management Corp. | &nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp;380677 |
| Emera, Inc. | &nbsp;&nbsp;10600 | &nbsp;&nbsp;&nbsp;&nbsp;508559 |
| Empire Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp;175868 |
| Enbridge, Inc. | &nbsp;&nbsp;77700 | &nbsp;&nbsp;&nbsp;3919894 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Canada (continued)** |  |  |
| Fairfax Financial Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719 | $&nbsp;&nbsp;&nbsp;1257901 |
| First Quantum Minerals, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;24554 | &nbsp;&nbsp;&nbsp;&nbsp;555407 |
| FirstService Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;285794 |
| Fortis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18003 | &nbsp;&nbsp;&nbsp;&nbsp;913151 |
| Franco-Nevada Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6831 | &nbsp;&nbsp;&nbsp;1520471 |
| George Weston, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6297 | &nbsp;&nbsp;&nbsp;&nbsp;384100 |
| GFL Environmental, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp;417078 |
| Gildan Activewear, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;288855 |
| Great-West Lifeco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp;401776 |
| Hydro One, Ltd. (B) | &nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp;424542 |
| iA Financial Corp., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;375195 |
| IGM Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;109205 |
| Imperial Oil, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6630 | &nbsp;&nbsp;&nbsp;&nbsp;601164 |
| Intact Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;1245188 |
| Ivanhoe Mines, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;26900 | &nbsp;&nbsp;&nbsp;&nbsp;285294 |
| Keyera Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;285166 |
| Kinross Gold Corp. | &nbsp;&nbsp;&nbsp;&nbsp;43929 | &nbsp;&nbsp;&nbsp;1090255 |
| Loblaw Companies, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;21360 | &nbsp;&nbsp;&nbsp;&nbsp;826190 |
| Lundin Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;252686 |
| Lundin Mining Corp. | &nbsp;&nbsp;&nbsp;&nbsp;26900 | &nbsp;&nbsp;&nbsp;&nbsp;401268 |
| Magna International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp;450119 |
| Manulife Financial Corp. (C) | &nbsp;&nbsp;&nbsp;&nbsp;61400 | &nbsp;&nbsp;&nbsp;1912987 |
| Metro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7557 | &nbsp;&nbsp;&nbsp;&nbsp;507547 |
| National Bank of Canada | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;1487116 |
| Nutrien, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;17390 | &nbsp;&nbsp;&nbsp;1021258 |
| Open Text Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;&nbsp;362574 |
| Pan American Silver Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12800 | &nbsp;&nbsp;&nbsp;&nbsp;496015 |
| Pembina Pipeline Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20398 | &nbsp;&nbsp;&nbsp;&nbsp;824743 |
| Power Corp. of Canada | &nbsp;&nbsp;&nbsp;&nbsp;20012 | &nbsp;&nbsp;&nbsp;&nbsp;865936 |
| Restaurant Brands International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10946 | &nbsp;&nbsp;&nbsp;&nbsp;702205 |
| Rogers Communications, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;13188 | &nbsp;&nbsp;&nbsp;&nbsp;454004 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp;&nbsp;49248 | &nbsp;&nbsp;&nbsp;7258568 |
| Saputo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp;221010 |
| Shopify, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;43400 | &nbsp;&nbsp;&nbsp;6447786 |
| Stantec, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;431386 |
| Sun Life Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;20400 | &nbsp;&nbsp;&nbsp;1224997 |
| Suncor Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;44435 | &nbsp;&nbsp;&nbsp;1859520 |
| TC Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;37046 | &nbsp;&nbsp;&nbsp;2014278 |
| Teck Resources, Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp;16961 | &nbsp;&nbsp;&nbsp;&nbsp;744032 |
| TELUS Corp. | &nbsp;&nbsp;&nbsp;&nbsp;18392 | &nbsp;&nbsp;&nbsp;&nbsp;289684 |
| TFI International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;246421 |
| The Bank of Nova Scotia | &nbsp;&nbsp;&nbsp;&nbsp;44304 | &nbsp;&nbsp;&nbsp;2864782 |
| The Descartes Systems Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;291890 |
| The Toronto-Dominion Bank | &nbsp;&nbsp;&nbsp;&nbsp;62484 | &nbsp;&nbsp;&nbsp;4996206 |
| Thomson Reuters Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5654 | &nbsp;&nbsp;&nbsp;&nbsp;877940 |
| TMX Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;382554 |
| Toromont Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;310883 |
| Tourmaline Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp;543402 |
| Wheaton Precious Metals Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16170 | &nbsp;&nbsp;&nbsp;1809525 |
| Whitecap Resources, Inc. (Toronto Stock Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;43600 | &nbsp;&nbsp;&nbsp;&nbsp;332710 |
| WSP Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;904002 |
|  |  | 92685521 |
| **Chile - 0.2%** |  |  |
| Antofagasta PLC | &nbsp;&nbsp;&nbsp;&nbsp;13585 | &nbsp;&nbsp;&nbsp;&nbsp;505225 |
| Banco de Chile | 1620933 | &nbsp;&nbsp;&nbsp;&nbsp;246125 |
| Banco de Credito e Inversiones SA | &nbsp;&nbsp;&nbsp;&nbsp;3323 | &nbsp;&nbsp;&nbsp;&nbsp;146834 |
| Banco Santander Chile, ADR | &nbsp;&nbsp;&nbsp;&nbsp;5508 | &nbsp;&nbsp;&nbsp;&nbsp;145962 |
| Cencosud SA | &nbsp;&nbsp;&nbsp;&nbsp;42702 | &nbsp;&nbsp;&nbsp;&nbsp;121530 |
| Empresas CMPC SA | &nbsp;&nbsp;&nbsp;&nbsp;38455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56681 |
| Empresas COPEC SA | &nbsp;&nbsp;&nbsp;&nbsp;13196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96655 |
| Enel Americas SA | &nbsp;&nbsp;726053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73252 |
| Enel Chile SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp;18222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70884 |
| Falabella SA | &nbsp;&nbsp;&nbsp;&nbsp;29974 | &nbsp;&nbsp;&nbsp;&nbsp;177715 |
| Latam Airlines Group SA | 8049276 | &nbsp;&nbsp;&nbsp;&nbsp;182867 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Chile (continued)** |  |  |
| Sociedad Quimica y Minera de Chile SA, ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;4430 | $&nbsp;&nbsp;&nbsp;&nbsp;190401 |
|  |  | &nbsp;&nbsp;&nbsp;2014131 |
| **China - 8.5%** |  |  |
| 360 Security Technology, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23104 |
| 37 Interactive Entertainment Network Technology Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14376 |
| 3SBio, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;63700 | &nbsp;&nbsp;&nbsp;&nbsp;247724 |
| AAC Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27342 | &nbsp;&nbsp;&nbsp;&nbsp;160561 |
| Advanced Micro-Fabrication Equipment, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52829 |
| AECC Aviation Power Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32659 |
| Agricultural Bank of China, Ltd., Class A | &nbsp;&nbsp;182100 | &nbsp;&nbsp;&nbsp;&nbsp;170598 |
| Agricultural Bank of China, Ltd., H Shares | &nbsp;&nbsp;989000 | &nbsp;&nbsp;&nbsp;&nbsp;665665 |
| Aier Eye Hospital Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;19585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34021 |
| Air China, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;23600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26231 |
| Akeso, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp;417866 |
| Alibaba Group Holding, Ltd. | &nbsp;&nbsp;610400 | 13651030 |
| Alibaba Group Holding, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60411 |
| Aluminum Corp. of China, Ltd., A Shares | &nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33782 |
| Aluminum Corp. of China, Ltd., H Shares | &nbsp;&nbsp;131220 | &nbsp;&nbsp;&nbsp;&nbsp;135725 |
| Angel Yeast Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10013 |
| Anhui Conch Cement Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29064 |
| Anhui Conch Cement Company, Ltd., H Shares | &nbsp;&nbsp;&nbsp;&nbsp;44290 | &nbsp;&nbsp;&nbsp;&nbsp;133378 |
| Anhui Gujing Distillery Company, Ltd., B Shares | &nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50033 |
| Anhui Gujing Distillery Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20340 |
| Anhui Jianghuai Automobile Group Corp. Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34122 |
| Anker Innovations Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17858 |
| ANTA Sports Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;44200 | &nbsp;&nbsp;&nbsp;&nbsp;529444 |
| Autohome, Inc., ADR | &nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74230 |
| Avary Holding Shenzhen Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31625 |
| AviChina Industry & Technology Company, Ltd., H Shares | &nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67360 |
| BAIC BluePark New Energy Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 |
| Baidu, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;80300 | &nbsp;&nbsp;&nbsp;1327715 |
| Bank of Beijing Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36386 |
| Bank of Changsha Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10432 |
| Bank of Chengdu Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18680 |
| Bank of China, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;78100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56837 |
| Bank of China, Ltd., H Shares | 2534563 | &nbsp;&nbsp;&nbsp;1385409 |
| Bank of Communications Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;87300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82457 |
| Bank of Communications Company, Ltd., H Shares | &nbsp;&nbsp;308527 | &nbsp;&nbsp;&nbsp;&nbsp;258516 |
| Bank of Hangzhou Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24473 |
| Bank of Jiangsu Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;33410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47092 |
| Bank of Nanjing Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;21500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33022 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Bank of Ningbo Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;13750 | $&nbsp;&nbsp;&nbsp;&nbsp;51089 |
| Bank of Shanghai Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;31610 | &nbsp;&nbsp;&nbsp;&nbsp;39791 |
| Baoshan Iron & Steel Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;41300 | &nbsp;&nbsp;&nbsp;&nbsp;41063 |
| Beijing Enlight Media Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;17176 |
| Beijing Kingsoft Office Software, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp;41725 |
| Beijing New Building Materials PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;11652 |
| Beijing Roborock Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534 | &nbsp;&nbsp;&nbsp;&nbsp;15798 |
| Beijing Tiantan Biological Products Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4080 | &nbsp;&nbsp;&nbsp;&nbsp;10935 |
| Beijing Tong Ren Tang Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;13384 |
| Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;14339 |
| Beijing-Shanghai High Speed Railway Company, Ltd., Class A | &nbsp;&nbsp;100700 | &nbsp;&nbsp;&nbsp;&nbsp;72671 |
| Bestechnic Shanghai Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;24503 |
| Bethel Automotive Safety Systems Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9567 |
| Bilibili, Inc., Class Z (A) | &nbsp;&nbsp;&nbsp;&nbsp;7960 | &nbsp;&nbsp;&nbsp;&nbsp;225084 |
| BOC International China Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;11720 |
| BOE Technology Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;75300 | &nbsp;&nbsp;&nbsp;&nbsp;44085 |
| BYD Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;185069 |
| BYD Company, Ltd., H Shares | &nbsp;&nbsp;130815 | 1849028 |
| BYD Electronic International Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;26500 | &nbsp;&nbsp;&nbsp;&nbsp;140481 |
| Caitong Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;11384 |
| Cambricon Technologies Corp., Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844 | &nbsp;&nbsp;&nbsp;&nbsp;157892 |
| CCOOP Group Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;64600 | &nbsp;&nbsp;&nbsp;&nbsp;23382 |
| CGN Power Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;32300 | &nbsp;&nbsp;&nbsp;&nbsp;16441 |
| CGN Power Company, Ltd., H Shares (B) | &nbsp;&nbsp;364000 | &nbsp;&nbsp;&nbsp;&nbsp;135123 |
| Changchun High-Tech Industry Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;14652 |
| Changjiang Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp;13454 |
| Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;11384 |
| Chaozhou Three-Circle Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;25460 |
| Chifeng Jilong Gold Mining Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;25647 |
| China CITIC Bank Corp., Ltd., H Shares | &nbsp;&nbsp;310800 | &nbsp;&nbsp;&nbsp;&nbsp;266873 |
| China CITIC Financial Asset Management Company, Ltd., H Shares (A)(B) | &nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;67246 |
| China Coal Energy Company, Ltd., H Shares | &nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;83556 |
| China Communications Services Corp., Ltd., H Shares | &nbsp;&nbsp;&nbsp;&nbsp;75600 | &nbsp;&nbsp;&nbsp;&nbsp;44639 |
| China Construction Bank Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;45400 | &nbsp;&nbsp;&nbsp;&nbsp;54956 |
| China Construction Bank Corp., H Shares | 3428914 | 3288897 |
| China CSSC Holdings, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;16100 | &nbsp;&nbsp;&nbsp;&nbsp;78404 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| China Eastern Airlines Corp., Ltd., Class A (A) | &nbsp;&nbsp;35500 | $&nbsp;&nbsp;&nbsp;20707 |
| China Energy Engineering Corp., Ltd., Class A | &nbsp;&nbsp;65700 | &nbsp;&nbsp;&nbsp;22274 |
| China Everbright Bank Company, Ltd., Class A | &nbsp;&nbsp;88600 | &nbsp;&nbsp;&nbsp;41869 |
| China Everbright Bank Company, Ltd., H Shares | 120000 | &nbsp;&nbsp;&nbsp;49953 |
| China Feihe, Ltd. (B) | 119000 | &nbsp;&nbsp;&nbsp;61104 |
| China Galaxy Securities Company, Ltd., Class A | &nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;49841 |
| China Galaxy Securities Company, Ltd., H Shares | 129500 | 196254 |
| China Great Wall Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;13731 |
| China Greatwall Technology Group Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;15516 |
| China Hongqiao Group, Ltd. | 100000 | 338683 |
| China Huishan Dairy Holdings Company, Ltd. (A)(D) | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China International Capital Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;20805 |
| China International Capital Corp., Ltd., H Shares (B) | &nbsp;&nbsp;52000 | 142284 |
| China Jushi Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;19763 |
| China Life Insurance Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;25127 |
| China Life Insurance Company, Ltd., H Shares | 267624 | 757884 |
| China Literature, Ltd. (A)(B) | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;70734 |
| China Longyuan Power Group Corp., Ltd., H Shares | 114000 | 121626 |
| China Mengniu Dairy Company, Ltd. | 108004 | 207697 |
| China Merchants Bank Company, Ltd., Class A | &nbsp;&nbsp;45900 | 261010 |
| China Merchants Bank Company, Ltd., H Shares | 139323 | 833845 |
| China Merchants Energy Shipping Company, Ltd., Class A | &nbsp;&nbsp;16500 | &nbsp;&nbsp;&nbsp;20615 |
| China Merchants Expressway Network & Technology Holdings Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;8901 |
| China Merchants Securities Company, Ltd., Class A | &nbsp;&nbsp;16510 | &nbsp;&nbsp;&nbsp;39813 |
| China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A | &nbsp;&nbsp;17600 | &nbsp;&nbsp;&nbsp;25188 |
| China Minsheng Banking Corp., Ltd., Class A | &nbsp;&nbsp;78880 | &nbsp;&nbsp;&nbsp;44140 |
| China Minsheng Banking Corp., Ltd., H Shares | 230496 | 121649 |
| China National Building Material Company, Ltd., H Shares | 150187 | 106420 |
| China National Chemical Engineering Company, Ltd., Class A | &nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;13295 |
| China National Nuclear Power Company, Ltd., Class A | &nbsp;&nbsp;38300 | &nbsp;&nbsp;&nbsp;46902 |
| China National Software & Service Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;12617 |
| China Northern Rare Earth Group High-Tech Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;49601 |
| China Oilfield Services, Ltd., H Shares | &nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;47964 |
| China Pacific Insurance Group Company, Ltd., Class A | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;69230 |
| China Pacific Insurance Group Company, Ltd., H Shares | &nbsp;&nbsp;94100 | 373861 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| China Petroleum & Chemical Corp., Class A | &nbsp;&nbsp;56700 | $&nbsp;&nbsp;&nbsp;42173 |
| China Petroleum & Chemical Corp., H Shares | 873361 | 453671 |
| China Railway Group, Ltd., Class A | &nbsp;&nbsp;42700 | &nbsp;&nbsp;&nbsp;33100 |
| China Railway Group, Ltd., H Shares | 144000 | &nbsp;&nbsp;&nbsp;72679 |
| China Railway Signal & Communication Corp., Ltd., Class A | &nbsp;&nbsp;14917 | &nbsp;&nbsp;&nbsp;11293 |
| China Rare Earth Resources and Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;16030 |
| China Resources Microelectronics, Ltd., Class A | &nbsp;&nbsp;&nbsp;2675 | &nbsp;&nbsp;&nbsp;20931 |
| China Resources Mixc Lifestyle Services, Ltd. (B) | &nbsp;&nbsp;23400 | 124131 |
| China Resources Pharmaceutical Group, Ltd. (B) | &nbsp;&nbsp;53000 | &nbsp;&nbsp;&nbsp;32758 |
| China Resources Sanjiu Medical & Pharmaceutical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3380 | &nbsp;&nbsp;&nbsp;13357 |
| China Shenhua Energy Company, Ltd., Class A | &nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;72537 |
| China Shenhua Energy Company, Ltd., H Shares | 120500 | 575214 |
| China Southern Airlines Company, Ltd., Class A (A) | &nbsp;&nbsp;23300 | &nbsp;&nbsp;&nbsp;19813 |
| China State Construction Engineering Corp., Ltd., Class A | &nbsp;&nbsp;93340 | &nbsp;&nbsp;&nbsp;71569 |
| China Three Gorges Renewables Group Company, Ltd., Class A | &nbsp;&nbsp;58700 | &nbsp;&nbsp;&nbsp;35064 |
| China Tourism Group Duty Free Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;43336 |
| China Tower Corp., Ltd., H Shares (B) | 158100 | 233061 |
| China United Network Communications, Ltd., Class A | &nbsp;&nbsp;64400 | &nbsp;&nbsp;&nbsp;49884 |
| China Vanke Company, Ltd., Class A (A) | &nbsp;&nbsp;21600 | &nbsp;&nbsp;&nbsp;20951 |
| China Vanke Company, Ltd., H Shares (A) | &nbsp;&nbsp;74500 | &nbsp;&nbsp;&nbsp;53305 |
| China XD Electric Company, Ltd., Class A | &nbsp;&nbsp;10600 | &nbsp;&nbsp;&nbsp;10086 |
| China Yangtze Power Company, Ltd., Class A | &nbsp;&nbsp;54300 | 207929 |
| China Zheshang Bank Company, Ltd., Class A | &nbsp;&nbsp;43700 | &nbsp;&nbsp;&nbsp;18306 |
| Chongqing Changan Automobile Company, Ltd., Class A | &nbsp;&nbsp;16800 | &nbsp;&nbsp;&nbsp;28915 |
| Chongqing Rural Commercial Bank Company, Ltd., Class A | &nbsp;&nbsp;18400 | &nbsp;&nbsp;&nbsp;17030 |
| Chongqing Rural Commercial Bank Company, Ltd., H Shares | &nbsp;&nbsp;81000 | &nbsp;&nbsp;&nbsp;62502 |
| Chongqing Zhifei Biological Products Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4650 | &nbsp;&nbsp;&nbsp;13619 |
| Citic Pacific Special Steel Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;13602 |
| CITIC Securities Company, Ltd., Class A | &nbsp;&nbsp;25185 | 106081 |
| CITIC Securities Company, Ltd., H Shares | &nbsp;&nbsp;52825 | 208596 |
| CITIC, Ltd. | 141967 | 207942 |
| CMOC Group, Ltd., Class A | &nbsp;&nbsp;28400 | &nbsp;&nbsp;&nbsp;62915 |
| CMOC Group, Ltd., H Shares | 129000 | 260034 |
| CNGR Advanced Material Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;13782 |
| CNPC Capital Company, Ltd., Class A | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;25654 |
| Contemporary Amperex Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;9320 | 528569 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Contemporary Amperex Technology Company, Ltd., H Shares | &nbsp;&nbsp;&nbsp;3100 | $228207 |
| COSCO SHIPPING Energy Transportation Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;12277 |
| COSCO SHIPPING Holdings Company, Ltd., Class A | &nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;52459 |
| COSCO SHIPPING Holdings Company, Ltd., H Shares | 101600 | 157955 |
| CRRC Corp., Ltd., Class A | &nbsp;&nbsp;49300 | &nbsp;&nbsp;&nbsp;51819 |
| CRRC Corp., Ltd., H Shares | 145000 | 111727 |
| CSC Financial Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;34002 |
| CSPC Innovation Pharmaceutical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2880 | &nbsp;&nbsp;&nbsp;18624 |
| CSPC Pharmaceutical Group, Ltd. | 303120 | 365120 |
| Daqin Railway Company, Ltd., Class A | &nbsp;&nbsp;30700 | &nbsp;&nbsp;&nbsp;25416 |
| Datang International Power Generation Company, Ltd., Class A | &nbsp;&nbsp;48800 | &nbsp;&nbsp;&nbsp;23264 |
| Dong-E-E-Jiao Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;8650 |
| Dongfang Electric Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;15755 |
| East Money Information Company, Ltd., Class A | &nbsp;&nbsp;30896 | 118096 |
| Eastroc Beverage Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;57689 |
| Ecovacs Robotics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;34819 |
| Empyrean Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;14240 |
| ENN Energy Holdings, Ltd. | &nbsp;&nbsp;27900 | 230058 |
| ENN Natural Gas Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;13646 |
| Eoptolink Technology, Inc. Ltd., Class A | &nbsp;&nbsp;&nbsp;2100 | 108603 |
| Eve Energy Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4181 | &nbsp;&nbsp;&nbsp;53642 |
| Everbright Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;23063 |
| Everdisplay Optronics Shanghai Company, Ltd., Class A (A) | &nbsp;&nbsp;23977 | &nbsp;&nbsp;&nbsp;&nbsp;9783 |
| Flat Glass Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;8024 |
| Focus Media Information Technology Company, Ltd., Class A | &nbsp;&nbsp;32700 | &nbsp;&nbsp;&nbsp;37120 |
| Foshan Haitian Flavouring & Food Company, Ltd., Class A | &nbsp;&nbsp;10296 | &nbsp;&nbsp;&nbsp;56507 |
| Fosun International, Ltd. | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;60112 |
| Founder Securities Company, Ltd., Class A | &nbsp;&nbsp;16700 | &nbsp;&nbsp;&nbsp;19147 |
| Foxconn Industrial Internet Company, Ltd., Class A | &nbsp;&nbsp;27100 | 253045 |
| Fuyao Glass Industry Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;46456 |
| Fuyao Glass Industry Group Company, Ltd., H Shares (B) | &nbsp;&nbsp;20800 | 209516 |
| GalaxyCore, Inc., Class A | &nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;9112 |
| Ganfeng Lithium Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3360 | &nbsp;&nbsp;&nbsp;28807 |
| GD Power Development Company, Ltd., Class A | &nbsp;&nbsp;36100 | &nbsp;&nbsp;&nbsp;25285 |
| GDS Holdings, Ltd., Class A (A) | &nbsp;&nbsp;37300 | 182103 |
| GEM Company, Ltd., Class A | &nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;12679 |
| Genscript Biotech Corp. (A) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;86309 |
| GF Securities Company, Ltd., Class A | &nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;41414 |
| Giant Biogene Holding Company, Ltd. (B) | &nbsp;&nbsp;10200 | &nbsp;&nbsp;&nbsp;73960 |
| GigaDevice Semiconductor, Inc., Class A | &nbsp;&nbsp;&nbsp;1372 | &nbsp;&nbsp;&nbsp;41255 |
| GoerTek, Inc., Class A | &nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;27566 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Goldwind Science & Technology Company, Ltd., Class A | &nbsp;&nbsp;7700 | $&nbsp;&nbsp;&nbsp;16217 |
| Goneo Group Company, Ltd., Class A | &nbsp;&nbsp;1827 | &nbsp;&nbsp;&nbsp;11475 |
| Gotion High-tech Company, Ltd., Class A | &nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;24315 |
| Great Wall Motor Company, Ltd., Class A | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;17313 |
| Great Wall Motor Company, Ltd., H Shares | 81500 | 177121 |
| Gree Electric Appliances, Inc. of Zhuhai, Class A | &nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;31843 |
| GRG Banking Equipment Company, Ltd., Class A | &nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;10174 |
| Guangdong Haid Group Company, Ltd., Class A | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;31360 |
| Guanghui Energy Company, Ltd., Class A | 13500 | &nbsp;&nbsp;&nbsp;&nbsp;9569 |
| Guangzhou Automobile Group Company, Ltd., Class A | 10000 | &nbsp;&nbsp;&nbsp;10734 |
| Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., Class A | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;8257 |
| Guangzhou Haige Communications Group, Inc. Company, Class A | &nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;9578 |
| Guangzhou Tinci Materials Technology Company, Ltd., Class A | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;20989 |
| Guosen Securities Company, Ltd., Class A | 13300 | &nbsp;&nbsp;&nbsp;25329 |
| Guotai Haitong Securities Company, Ltd. | 27860 | &nbsp;&nbsp;&nbsp;74015 |
| Guotai Haitong Securities Company, Ltd., H Shares (B) | 70184 | 144340 |
| Guoyuan Securities Company, Ltd., Class A | &nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;11706 |
| H World Group, Ltd., ADR | &nbsp;&nbsp;7100 | 277681 |
| Haidilao International Holding, Ltd. (B) | 56000 | &nbsp;&nbsp;&nbsp;96337 |
| Haier Smart Home Company, Ltd., Class A | 13600 | &nbsp;&nbsp;&nbsp;48517 |
| Haier Smart Home Company, Ltd., H Shares | 83800 | 271864 |
| Hainan Airlines Holding Company, Ltd., Class A (A) | 87600 | &nbsp;&nbsp;&nbsp;20056 |
| Hainan Airport Infrastructure Company, Ltd., Class A | 23700 | &nbsp;&nbsp;&nbsp;13889 |
| Haisco Pharmaceutical Group Company, Ltd., Class A | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;15076 |
| Haitian International Holdings, Ltd. | 21000 | &nbsp;&nbsp;&nbsp;57816 |
| Hangzhou First Applied Material Company, Ltd., Class A | &nbsp;&nbsp;7683 | &nbsp;&nbsp;&nbsp;16978 |
| Hangzhou Silan Microelectronics Company, Ltd., Class A | &nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;11522 |
| Hangzhou Tigermed Consulting Company, Ltd., A Shares | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;13917 |
| Hansoh Pharmaceutical Group Company, Ltd. (B) | 40000 | 185557 |
| Henan Shenhuo Coal Industry & Electricity Power Company, Ltd., Class A | &nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;13251 |
| Henan Shuanghui Investment & Development Company, Ltd., Class A | &nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;25046 |
| Hengan International Group Company, Ltd. | 25000 | &nbsp;&nbsp;&nbsp;81518 |
| Hengli Petrochemical Company, Ltd., Class A | 14600 | &nbsp;&nbsp;&nbsp;35204 |
| Hengtong Optic-electric Company, Ltd., Class A | &nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;16515 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Hithink RoyalFlush Information Network Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | $&nbsp;&nbsp;&nbsp;&nbsp;47232 |
| HLA Group Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8284 |
| Horizon Robotics (A) | &nbsp;&nbsp;147000 | &nbsp;&nbsp;&nbsp;&nbsp;180516 |
| Hoshine Silicon Industry Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;11138 |
| Hua Hong Semiconductor, Ltd., H Shares (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;256906 |
| Huadian Power International Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp;12669 |
| Huadong Medicine Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;16341 |
| Huafon Chemical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;10300 | &nbsp;&nbsp;&nbsp;&nbsp;13223 |
| Huagong Tech Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;27388 |
| Huaibei Mining Holdings Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9019 |
| Hualan Biological Engineering, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9021 |
| Huaneng Power International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;18600 | &nbsp;&nbsp;&nbsp;&nbsp;18462 |
| Huaneng Power International, Inc., H Shares | &nbsp;&nbsp;149436 | &nbsp;&nbsp;&nbsp;&nbsp;104020 |
| Huaqin Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;37187 |
| Huatai Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;16400 | &nbsp;&nbsp;&nbsp;&nbsp;50299 |
| Huatai Securities Company, Ltd., H Shares (B) | &nbsp;&nbsp;&nbsp;&nbsp;48800 | &nbsp;&nbsp;&nbsp;&nbsp;128648 |
| Huaxia Bank Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;28500 | &nbsp;&nbsp;&nbsp;&nbsp;26364 |
| Huayu Automotive Systems Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp;14710 |
| Huizhou Desay Sv Automotive Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;23430 |
| Humanwell Healthcare Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;10073 |
| Hunan Valin Steel Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;13063 |
| Hundsun Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;14991 |
| Hwatsing Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731 | &nbsp;&nbsp;&nbsp;&nbsp;17025 |
| Hygon Information Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;5383 | &nbsp;&nbsp;&nbsp;&nbsp;192168 |
| IEIT Systems Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;3248 | &nbsp;&nbsp;&nbsp;&nbsp;34119 |
| Iflytek Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;37124 |
| Imeik Technology Development Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp;14274 |
| Industrial & Commercial Bank of China, Ltd., Class A | &nbsp;&nbsp;143500 | &nbsp;&nbsp;&nbsp;&nbsp;147209 |
| Industrial & Commercial Bank of China, Ltd., H Shares | 2322735 | 1710335 |
| Industrial Bank Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;46200 | &nbsp;&nbsp;&nbsp;&nbsp;128907 |
| Industrial Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp;13702 |
| Ingenic Semiconductor Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;35140 |
| Inner Mongolia BaoTou Steel Union Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;94300 | &nbsp;&nbsp;&nbsp;&nbsp;31598 |
| Inner Mongolia Dian Tou Energy Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;14924 |
| Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp;12895 |
| Inner Mongolia Yili Industrial Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;13600 | &nbsp;&nbsp;&nbsp;&nbsp;52198 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Inner Mongolia Yitai Coal Company, Ltd., Class B | &nbsp;&nbsp;36400 | $&nbsp;&nbsp;&nbsp;&nbsp;69816 |
| Innovent Biologics, Inc. (A)(B) | &nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp;647459 |
| Isoftstone Information Technology Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;15560 |
| J&T Global Express, Ltd. (A) | &nbsp;&nbsp;82400 | &nbsp;&nbsp;&nbsp;&nbsp;103403 |
| JA Solar Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;6272 | &nbsp;&nbsp;&nbsp;&nbsp;11608 |
| JCET Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;22356 |
| JD Health International, Inc. (A)(B) | &nbsp;&nbsp;38200 | &nbsp;&nbsp;&nbsp;&nbsp;325273 |
| JD Logistics, Inc. (A)(B) | &nbsp;&nbsp;67000 | &nbsp;&nbsp;&nbsp;&nbsp;112564 |
| JD.com, Inc., Class A | &nbsp;&nbsp;86723 | 1519431 |
| Jiangsu Eastern Shenghong Company, Ltd., Class A (A) | &nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;17922 |
| Jiangsu Expressway Company, Ltd., H Shares | &nbsp;&nbsp;41145 | &nbsp;&nbsp;&nbsp;&nbsp;47654 |
| Jiangsu Hengli Hydraulic Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2960 | &nbsp;&nbsp;&nbsp;&nbsp;39951 |
| Jiangsu Hengrui Pharmaceuticals Company, Ltd., Class A | &nbsp;&nbsp;14198 | &nbsp;&nbsp;&nbsp;&nbsp;142804 |
| Jiangsu Hoperun Software Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;25693 |
| Jiangsu King's Luck Brewery JSC, Ltd., Class A | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;15482 |
| Jiangsu Yanghe Distillery Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;32486 |
| Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;11523 |
| Jiangsu Zhongtian Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;18927 |
| Jiangxi Copper Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;21480 |
| Jiangxi Copper Company, Ltd., H Shares | &nbsp;&nbsp;39075 | &nbsp;&nbsp;&nbsp;&nbsp;153025 |
| Jinduicheng Molybdenum Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;14579 |
| Jinko Solar Company, Ltd., Class A (A) | &nbsp;&nbsp;13511 | &nbsp;&nbsp;&nbsp;&nbsp;10578 |
| Kanzhun, Ltd., ADR (A) | &nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp;308352 |
| KE Holdings, Inc., ADR | &nbsp;&nbsp;24700 | &nbsp;&nbsp;&nbsp;&nbsp;469300 |
| Kingdee International Software Group Company, Ltd. (A) | 113000 | &nbsp;&nbsp;&nbsp;&nbsp;253400 |
| Kingsoft Corp., Ltd. | &nbsp;&nbsp;32800 | &nbsp;&nbsp;&nbsp;&nbsp;145541 |
| Kuaishou Technology (B) | &nbsp;&nbsp;94000 | 1016691 |
| Kuang-Chi Technologies Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;31767 |
| Kunlun Tech Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;17124 |
| Kweichow Moutai Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;548733 |
| Laopu Gold Company Ltd., H Shares | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;91416 |
| LB Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;13692 |
| Lenovo Group, Ltd. | 287436 | &nbsp;&nbsp;&nbsp;&nbsp;425920 |
| Lens Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;34519 |
| Li Auto, Inc., Class A (A) | &nbsp;&nbsp;44600 | &nbsp;&nbsp;&nbsp;&nbsp;570989 |
| Li Ning Company, Ltd. | &nbsp;&nbsp;80500 | &nbsp;&nbsp;&nbsp;&nbsp;182025 |
| Lingyi iTech Guangdong Company, Class A | &nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp;29230 |
| Longfor Group Holdings, Ltd. (B) | &nbsp;&nbsp;65779 | &nbsp;&nbsp;&nbsp;&nbsp;100206 |
| LONGi Green Energy Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;15064 | &nbsp;&nbsp;&nbsp;&nbsp;38164 |
| Loongson Technology Corp, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;1251 | &nbsp;&nbsp;&nbsp;&nbsp;27818 |
| Luxshare Precision Industry Company, Ltd., Class A | &nbsp;&nbsp;15495 | &nbsp;&nbsp;&nbsp;&nbsp;141535 |
| Luzhou Laojiao Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;61284 |
| Mango Excellent Media Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;16612 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Maxscend Microelectronics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1440 | $&nbsp;&nbsp;&nbsp;&nbsp;16865 |
| Meihua Holdings Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9101 |
| Meitu, Inc. (A)(B) | 121600 | &nbsp;&nbsp;&nbsp;&nbsp;144635 |
| Meituan, Class B (A)(B) | 177500 | 2371180 |
| Metallurgical Corp. of China, Ltd., Class A | &nbsp;&nbsp;28700 | &nbsp;&nbsp;&nbsp;&nbsp;15552 |
| Midea Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;74651 |
| Midea Group Company, Ltd., H Shares | &nbsp;&nbsp;12800 | &nbsp;&nbsp;&nbsp;&nbsp;135086 |
| MINISO Group Holding, Ltd. | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;14650 |
| MINISO Group Holding, Ltd., ADR (E) | &nbsp;&nbsp;&nbsp;3276 | &nbsp;&nbsp;&nbsp;&nbsp;73710 |
| Montage Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2305 | &nbsp;&nbsp;&nbsp;&nbsp;50317 |
| Muyuan Foods Company, Ltd., Class A | &nbsp;&nbsp;11382 | &nbsp;&nbsp;&nbsp;&nbsp;84871 |
| Nanjing Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9252 |
| NARI Technology Company, Ltd., Class A | &nbsp;&nbsp;17798 | &nbsp;&nbsp;&nbsp;&nbsp;57509 |
| National Silicon Industry Group Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;5536 | &nbsp;&nbsp;&nbsp;&nbsp;20123 |
| NAURA Technology Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp;94618 |
| NetEase, Inc. | &nbsp;&nbsp;62100 | 1886122 |
| New China Life Insurance Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;39671 |
| New China Life Insurance Company, Ltd., H Shares | &nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp;210253 |
| New Hope Liuhe Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9376 |
| New Oriental Education & Technology Group, Inc. (A) | &nbsp;&nbsp;52500 | &nbsp;&nbsp;&nbsp;&nbsp;280223 |
| Nexchip Semiconductor Corp., Class A | &nbsp;&nbsp;&nbsp;7599 | &nbsp;&nbsp;&nbsp;&nbsp;37283 |
| Ninestar Corp., Class A (A) | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9583 |
| Ningbo Deye Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp;20115 |
| Ningbo Sanxing Medical Electric Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;10010 |
| Ningbo Tuopu Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3190 | &nbsp;&nbsp;&nbsp;&nbsp;36440 |
| Ningxia Baofeng Energy Group Company, Ltd., Class A | &nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp;37288 |
| NIO, Inc., Class A (A) | &nbsp;&nbsp;56730 | &nbsp;&nbsp;&nbsp;&nbsp;429061 |
| Nongfu Spring Company, Ltd., H Shares (B) | &nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;&nbsp;490668 |
| OFILM Group Company, Ltd., Class A (A) | &nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp;24134 |
| OmniVision Integrated Circuits Group, Inc. | &nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp;46591 |
| Oppein Home Group, Inc., Class A | &nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8249 |
| Orient Securities Company, Ltd., Class A | &nbsp;&nbsp;12288 | &nbsp;&nbsp;&nbsp;&nbsp;19803 |
| PetroChina Company, Ltd., Class A | &nbsp;&nbsp;44800 | &nbsp;&nbsp;&nbsp;&nbsp;50712 |
| PetroChina Company, Ltd., H Shares | 742261 | &nbsp;&nbsp;&nbsp;&nbsp;672908 |
| Pharmaron Beijing Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;15164 |
| PICC Property & Casualty Company, Ltd., H Shares | 248363 | &nbsp;&nbsp;&nbsp;&nbsp;560270 |
| Ping An Bank Company, Ltd., Class A | &nbsp;&nbsp;38200 | &nbsp;&nbsp;&nbsp;&nbsp;60881 |
| Ping An Insurance Group Company of China, Ltd., Class A | &nbsp;&nbsp;24100 | &nbsp;&nbsp;&nbsp;&nbsp;187050 |
| Ping An Insurance Group Company of China, Ltd., H Shares | 238790 | 1624510 |
| Piotech, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp;20830 |
| Poly Developments and Holdings Group Company, Ltd., Class A | &nbsp;&nbsp;26500 | &nbsp;&nbsp;&nbsp;&nbsp;29325 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Pop Mart International Group, Ltd. (B) | &nbsp;&nbsp;19200 | $657635 |
| Postal Savings Bank of China Company, Ltd., Class A | &nbsp;&nbsp;58900 | &nbsp;&nbsp;&nbsp;47633 |
| Postal Savings Bank of China Company, Ltd., H Shares (B) | 330000 | 231185 |
| Power Construction Corp. of China, Ltd., Class A | &nbsp;&nbsp;35800 | &nbsp;&nbsp;&nbsp;28119 |
| Qfin Holdings, Inc., ADR | &nbsp;&nbsp;&nbsp;4300 | 123754 |
| Qinghai Salt Lake Industry Company, Ltd., Class A (A) | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;32273 |
| Range Intelligent Computing Technology Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;22580 |
| Rockchip Electronics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;41437 |
| Rongsheng Petrochemical Company, Ltd., Class A | &nbsp;&nbsp;21050 | &nbsp;&nbsp;&nbsp;28574 |
| SAIC Motor Corp., Ltd., Class A | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;41697 |
| Sailun Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;13159 |
| Sanan Optoelectronics Company, Ltd., Class A | &nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;22158 |
| Sany Heavy Industry Company, Ltd., Class A | &nbsp;&nbsp;18600 | &nbsp;&nbsp;&nbsp;60819 |
| Satellite Chemical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;18544 |
| SDIC Capital Company, Ltd., Class A | &nbsp;&nbsp;13300 | &nbsp;&nbsp;&nbsp;14780 |
| SDIC Power Holdings Company, Ltd., Class A | &nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;27722 |
| Seres Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;74933 |
| SF Holding Company, Ltd., Class A | &nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;57334 |
| SG Micro Corp., Class A | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;15251 |
| Shaanxi Coal Industry Company, Ltd., Class A | &nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;55151 |
| Shandong Gold Mining Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5880 | &nbsp;&nbsp;&nbsp;32383 |
| Shandong Gold Mining Company, Ltd., H Shares (B) | &nbsp;&nbsp;30500 | 144217 |
| Shandong Himile Mechanical Science & Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;24177 |
| Shandong Hualu Hengsheng Chemical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;16097 |
| Shandong Nanshan Aluminum Company, Ltd., Class A | &nbsp;&nbsp;24300 | &nbsp;&nbsp;&nbsp;13551 |
| Shandong Sun Paper Industry JSC, Ltd., Class A | &nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;11659 |
| Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;59796 |
| Shanghai Baosight Software Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4320 | &nbsp;&nbsp;&nbsp;14135 |
| Shanghai BOCHU Electronic Technology Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;12887 |
| Shanghai Electric Group Company, Ltd., Class A (A) | &nbsp;&nbsp;25600 | &nbsp;&nbsp;&nbsp;34093 |
| Shanghai Fosun Pharmaceutical Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;13424 |
| Shanghai International Airport Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;7177 |
| Shanghai Pharmaceuticals Holding Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;14120 |
| Shanghai Pudong Development Bank Company, Ltd., Class A | &nbsp;&nbsp;65300 | 109348 |
| Shanghai Putailai New Energy Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;17853 |
| Shanghai RAAS Blood Products Company, Ltd., Class A | &nbsp;&nbsp;13800 | &nbsp;&nbsp;&nbsp;12990 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Shanghai Rural Commercial Bank Company, Ltd., Class A | 19500 | $&nbsp;&nbsp;&nbsp;22436 |
| Shanghai United Imaging Healthcare Company, Ltd., Class A | &nbsp;&nbsp;1689 | &nbsp;&nbsp;&nbsp;36017 |
| Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A | &nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;24760 |
| Shanjin International Gold Company, Ltd., Class A | &nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;18648 |
| Shanxi Coking Coal Energy Group Company, Ltd., Class A | 11600 | &nbsp;&nbsp;&nbsp;11344 |
| Shanxi Lu'an Environmental Energy Development Company, Ltd., Class A | &nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;12212 |
| Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A | &nbsp;&nbsp;2460 | &nbsp;&nbsp;&nbsp;67198 |
| Shenergy Company, Ltd., Class A | 10200 | &nbsp;&nbsp;&nbsp;11213 |
| Shengyi Technology Company, Ltd., Class A | &nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;38872 |
| Shennan Circuits Company, Ltd., Class A | &nbsp;&nbsp;1456 | &nbsp;&nbsp;&nbsp;44511 |
| Shenwan Hongyuan Group Company, Ltd., Class A | 36200 | &nbsp;&nbsp;&nbsp;27174 |
| Shenzhen Goodix Technology Company, Ltd., Class A | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;11643 |
| Shenzhen Inovance Technology Company, Ltd., Class A | &nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;26582 |
| Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;86512 |
| Shenzhen New Industries Biomedical Engineering Company, Ltd., Class A | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;15389 |
| Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;19548 |
| Shenzhen Transsion Holdings Company, Ltd., Class A | &nbsp;&nbsp;2280 | &nbsp;&nbsp;&nbsp;30289 |
| Shenzhou International Group Holdings, Ltd. | 28300 | 224042 |
| Sichuan Biokin Pharmaceutical Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;429 | &nbsp;&nbsp;&nbsp;22682 |
| Sichuan Changhong Electric Company, Ltd., Class A | 16600 | &nbsp;&nbsp;&nbsp;24497 |
| Sichuan Chuantou Energy Company, Ltd., Class A | &nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;19671 |
| Sichuan Kelun Pharmaceutical Company, Ltd., Class A | &nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;16036 |
| Sichuan Kelun-Biotech Biopharmaceutical Company, Ltd., H Shares (A) | &nbsp;&nbsp;1700 | 112247 |
| Sichuan Road and Bridge Group Company, Ltd., Class A | 14700 | &nbsp;&nbsp;&nbsp;16738 |
| Silergy Corp. | 11000 | &nbsp;&nbsp;&nbsp;93683 |
| Sinolink Securities Company, Ltd., Class A | &nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;11102 |
| Sinopharm Group Company, Ltd., H Shares | 46400 | 109134 |
| Sinotruk Hong Kong, Ltd. | 23500 | &nbsp;&nbsp;&nbsp;69298 |
| Smoore International Holdings, Ltd. (B) | 62000 | 140261 |
| SooChow Securities Company, Ltd., Class A | 10400 | &nbsp;&nbsp;&nbsp;14364 |
| Spring Airlines Company, Ltd., Class A | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;15035 |
| Sungrow Power Supply Company, Ltd., Class A | &nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;95873 |
| Sunny Optical Technology Group Company, Ltd. | 24400 | 283019 |
| SUPCON Technology Company, Ltd., Class A | &nbsp;&nbsp;1640 | &nbsp;&nbsp;&nbsp;12736 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62580 |
| Suzhou TFC Optical Communication Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37153 |
| TAL Education Group, ADR (A) | &nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp;166880 |
| TBEA Company, Ltd., Class A | &nbsp;&nbsp;10200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25542 |
| TCL Technology Group Corp., Class A | &nbsp;&nbsp;38980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23640 |
| TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;8250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10510 |
| Tencent Holdings, Ltd. | 229700 | 19572644 |
| Tencent Music Entertainment Group, ADR | &nbsp;&nbsp;20500 | &nbsp;&nbsp;&nbsp;&nbsp;478470 |
| The People's Insurance Company Group of China, Ltd., Class A | &nbsp;&nbsp;19200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21068 |
| The People's Insurance Company Group of China, Ltd., H Shares | 302000 | &nbsp;&nbsp;&nbsp;&nbsp;264202 |
| Tianqi Lithium Corp., Class A (A) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20093 |
| Tingyi Cayman Islands Holding Corp. | &nbsp;&nbsp;76000 | &nbsp;&nbsp;&nbsp;&nbsp;101527 |
| Tongcheng Travel Holdings, Ltd. | &nbsp;&nbsp;41600 | &nbsp;&nbsp;&nbsp;&nbsp;122889 |
| TongFu Microelectronics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17529 |
| Tongling Nonferrous Metals Group Company, Ltd., Class A | &nbsp;&nbsp;26300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19852 |
| Tongwei Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29184 |
| TravelSky Technology, Ltd., H Shares | &nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42319 |
| Trina Solar Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;4405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10775 |
| Tsingtao Brewery Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12982 |
| Tsingtao Brewery Company, Ltd., H Shares | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;149700 |
| Unigroup Guoxin Microelectronics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21359 |
| Unisplendour Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;5320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22668 |
| Verisilicon Microelectronics Shanghai Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;1072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27652 |
| Victory Giant Technology Huizhou Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;112818 |
| Vipshop Holdings, Ltd., ADR | &nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp;257284 |
| Wanhua Chemical Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65608 |
| Weichai Power Company, Ltd., Class A | &nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27837 |
| Weichai Power Company, Ltd., H Shares | &nbsp;&nbsp;64720 | &nbsp;&nbsp;&nbsp;&nbsp;115782 |
| Wens Foodstuff Group Company, Ltd., Class A | &nbsp;&nbsp;14160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37082 |
| Western Mining Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15198 |
| Western Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11223 |
| Wingtech Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16364 |
| Wintime Energy Group Company, Ltd., Class A | &nbsp;&nbsp;46100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10581 |
| Wuhan Guide Infrared Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15470 |
| Wuliangye Yibin Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;147050 |
| WUS Printed Circuit Kunshan Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43354 |
| WuXi AppTec Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87771 |
| WuXi AppTec Company, Ltd., H Shares (B) | &nbsp;&nbsp;12106 | &nbsp;&nbsp;&nbsp;&nbsp;185223 |
| WuXi Biologics Cayman, Inc. (A)(B) | 124500 | &nbsp;&nbsp;&nbsp;&nbsp;657424 |
| WuXi XDC Cayman, Inc. (A) | &nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;&nbsp;105025 |
| XCMG Construction Machinery Company, Ltd., Class A | &nbsp;&nbsp;23900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38671 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Xiamen C & D, Inc., Class A | &nbsp;&nbsp;&nbsp;6200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8942 |
| Xiaomi Corp., Class B (A)(B) | 610400 | 4242247 |
| Xinjiang Daqo New Energy Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;3610 | &nbsp;&nbsp;&nbsp;&nbsp;14629 |
| Xinyi Solar Holdings, Ltd. | 172835 | &nbsp;&nbsp;&nbsp;&nbsp;76269 |
| XPeng, Inc., A Shares (A) | &nbsp;&nbsp;43400 | &nbsp;&nbsp;&nbsp;&nbsp;509944 |
| Yadea Group Holdings, Ltd. (B) | &nbsp;&nbsp;43978 | &nbsp;&nbsp;&nbsp;&nbsp;78289 |
| Yangzijiang Shipbuilding Holdings, Ltd. | &nbsp;&nbsp;90700 | &nbsp;&nbsp;&nbsp;&nbsp;237295 |
| Yankuang Energy Group Company, Ltd., Class A | &nbsp;&nbsp;10140 | &nbsp;&nbsp;&nbsp;&nbsp;18978 |
| Yankuang Energy Group Company, Ltd., H Shares | 124680 | &nbsp;&nbsp;&nbsp;&nbsp;162988 |
| Yantai Jereh Oilfield Services Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;16457 |
| Yealink Network Technology Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;13555 |
| Yifeng Pharmacy Chain Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8739 |
| Yihai Kerry Arawana Holdings Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp;12876 |
| Yonghui Superstores Company, Ltd., Class A (A) | &nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;21766 |
| Yonyou Network Technology Company, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;11455 |
| Youngor Fashion Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;10005 |
| YTO Express Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;18063 |
| Yum China Holdings, Inc. | &nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;575128 |
| Yunnan Aluminium Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp;20919 |
| Yunnan Baiyao Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3920 | &nbsp;&nbsp;&nbsp;&nbsp;31294 |
| Yunnan Yuntianhua Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;14326 |
| Yutong Bus Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;17602 |
| Zangge Mining Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;27099 |
| Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;27655 |
| Zhaojin Mining Industry Company, Ltd., H Shares | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;259995 |
| Zhejiang China Commodities City Group Company, Ltd., Class A | &nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;29806 |
| Zhejiang Chint Electrics Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;20737 |
| Zhejiang Dahua Technology Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;13624 |
| Zhejiang Expressway Company, Ltd., H Shares | &nbsp;&nbsp;68610 | &nbsp;&nbsp;&nbsp;&nbsp;63361 |
| Zhejiang Huayou Cobalt Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;30659 |
| Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;16652 |
| Zhejiang Juhua Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp;31558 |
| Zhejiang Leapmotor Technology Company, Ltd., H Shares (A)(B) | &nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp;147595 |
| Zhejiang Longsheng Group Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9536 |
| Zhejiang NHU Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;6912 | &nbsp;&nbsp;&nbsp;&nbsp;23161 |
| Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;24567 |
| Zhejiang Wanfeng Auto Wheel Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;11436 |
| Zhejiang Weiming Environment Protection Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9709 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **China (continued)** |  |  |
| Zhejiang Zheneng Electric Power Company, Ltd., Class A | &nbsp;&nbsp;22900 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15939 |
| Zheshang Securities Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13149 |
| Zhongji Innolight Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;2240 | &nbsp;&nbsp;&nbsp;&nbsp;127851 |
| Zhongjin Gold Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30094 |
| Zhongtai Securities Company, Ltd., Class A | &nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13796 |
| Zhuzhou CRRC Times Electric Company, Ltd., Class A | &nbsp;&nbsp;&nbsp;1804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13387 |
| Zhuzhou CRRC Times Electric Company, Ltd., H Shares | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98919 |
| Zijin Mining Group Company, Ltd., Class A | &nbsp;&nbsp;41700 | &nbsp;&nbsp;&nbsp;&nbsp;172535 |
| Zijin Mining Group Company, Ltd., H Shares | 203469 | &nbsp;&nbsp;&nbsp;&nbsp;850708 |
| Zoomlion Heavy Industry Science and Technology Company, Ltd., Class A | &nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16117 |
| ZTE Corp., Class A | &nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48910 |
| ZTE Corp., H Shares | &nbsp;&nbsp;25887 | &nbsp;&nbsp;&nbsp;&nbsp;117977 |
| ZTO Express Cayman, Inc. | &nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;291336 |
|  |  | 97205712 |
| **Colombia - 0.0%** |  |  |
| Grupo Cibest SA, ADR | &nbsp;&nbsp;&nbsp;3847 | &nbsp;&nbsp;&nbsp;&nbsp;199813 |
| **Czech Republic - 0.0%** |  |  |
| CEZ AS | &nbsp;&nbsp;&nbsp;5755 | &nbsp;&nbsp;&nbsp;&nbsp;357402 |
| Komercni banka AS | &nbsp;&nbsp;&nbsp;2506 | &nbsp;&nbsp;&nbsp;&nbsp;125768 |
| Moneta Money Bank AS (B) | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71829 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;554999 |
| **Denmark - 1.2%** |  |  |
| A.P. Moller - Maersk A/S, Series A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;194197 |
| A.P. Moller - Maersk A/S, Series B | &nbsp;&nbsp;&nbsp;&nbsp;164 | &nbsp;&nbsp;&nbsp;&nbsp;322387 |
| Carlsberg A/S, Class B | &nbsp;&nbsp;&nbsp;3454 | &nbsp;&nbsp;&nbsp;&nbsp;402038 |
| Coloplast A/S, B Shares | &nbsp;&nbsp;&nbsp;4442 | &nbsp;&nbsp;&nbsp;&nbsp;382856 |
| Danske Bank A/S | &nbsp;&nbsp;24190 | &nbsp;&nbsp;&nbsp;1033265 |
| Demant A/S (A) | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;114880 |
| DSV A/S | &nbsp;&nbsp;&nbsp;7227 | &nbsp;&nbsp;&nbsp;1443742 |
| Genmab A/S (A) | &nbsp;&nbsp;&nbsp;2266 | &nbsp;&nbsp;&nbsp;&nbsp;699170 |
| Novo Nordisk A/S, Class B | 114924 | &nbsp;&nbsp;&nbsp;6399155 |
| Novonesis A/S, B Shares | &nbsp;&nbsp;12367 | &nbsp;&nbsp;&nbsp;&nbsp;761115 |
| Orsted A/S (A)(B) | &nbsp;&nbsp;&nbsp;5901 | &nbsp;&nbsp;&nbsp;&nbsp;102645 |
| Pandora A/S | &nbsp;&nbsp;&nbsp;2888 | &nbsp;&nbsp;&nbsp;&nbsp;377599 |
| ROCKWOOL A/S, B Shares | &nbsp;&nbsp;&nbsp;3520 | &nbsp;&nbsp;&nbsp;&nbsp;131230 |
| Tryg A/S | &nbsp;&nbsp;11535 | &nbsp;&nbsp;&nbsp;&nbsp;292864 |
| Vestas Wind Systems A/S | &nbsp;&nbsp;35571 | &nbsp;&nbsp;&nbsp;&nbsp;676675 |
|  |  | 13333818 |
| **Egypt - 0.0%** |  |  |
| Commercial International Bank Egypt SAE | &nbsp;&nbsp;79768 | &nbsp;&nbsp;&nbsp;&nbsp;168383 |
| Eastern Company SAE | &nbsp;&nbsp;49043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43662 |
| Talaat Moustafa Group | &nbsp;&nbsp;32709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38877 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;250922 |
| **Finland - 0.7%** |  |  |
| Elisa OYJ | &nbsp;&nbsp;&nbsp;4868 | &nbsp;&nbsp;&nbsp;&nbsp;255513 |
| Fortum OYJ | &nbsp;&nbsp;16798 | &nbsp;&nbsp;&nbsp;&nbsp;318838 |
| Kesko OYJ, B Shares | &nbsp;&nbsp;&nbsp;9739 | &nbsp;&nbsp;&nbsp;&nbsp;207265 |
| Kone OYJ, B Shares | &nbsp;&nbsp;12120 | &nbsp;&nbsp;&nbsp;&nbsp;826697 |
| Metso OYJ | &nbsp;&nbsp;22595 | &nbsp;&nbsp;&nbsp;&nbsp;311457 |
| Neste OYJ | &nbsp;&nbsp;14709 | &nbsp;&nbsp;&nbsp;&nbsp;270260 |
| Nokia OYJ | 131593 | &nbsp;&nbsp;&nbsp;&nbsp;632806 |
| Nokia OYJ (Euronext Paris Exchange) | &nbsp;&nbsp;56247 | &nbsp;&nbsp;&nbsp;&nbsp;269665 |
| Nordea Bank ABP | &nbsp;&nbsp;&nbsp;3099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51021 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Finland (continued)** |  |  |
| Nordea Bank ABP (Nasdaq Stockholm Exchange) | 108931 | $1790862 |
| Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;3780 | &nbsp;&nbsp;&nbsp;&nbsp;290204 |
| Sampo OYJ, A Shares | &nbsp;&nbsp;86409 | &nbsp;&nbsp;&nbsp;&nbsp;993442 |
| Stora Enso OYJ, R Shares | &nbsp;&nbsp;20482 | &nbsp;&nbsp;&nbsp;&nbsp;225403 |
| UPM-Kymmene OYJ | &nbsp;&nbsp;18718 | &nbsp;&nbsp;&nbsp;&nbsp;512624 |
| Wartsila OYJ ABP | &nbsp;&nbsp;17716 | &nbsp;&nbsp;&nbsp;&nbsp;531387 |
|  |  | 7487444 |
| **France - 6.5%** |  |  |
| Accor SA | &nbsp;&nbsp;&nbsp;6830 | &nbsp;&nbsp;&nbsp;&nbsp;324497 |
| Aeroports de Paris SA | &nbsp;&nbsp;&nbsp;1190 | &nbsp;&nbsp;&nbsp;&nbsp;157651 |
| Air Liquide SA | &nbsp;&nbsp;20625 | 4297367 |
| Airbus SE | &nbsp;&nbsp;21188 | 4947959 |
| Alstom SA (A) | &nbsp;&nbsp;12620 | &nbsp;&nbsp;&nbsp;&nbsp;330221 |
| Amundi SA (B) | &nbsp;&nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp;163718 |
| Arkema SA | &nbsp;&nbsp;&nbsp;2115 | &nbsp;&nbsp;&nbsp;&nbsp;134108 |
| AXA SA | &nbsp;&nbsp;63180 | 3029807 |
| BioMerieux | &nbsp;&nbsp;&nbsp;1432 | &nbsp;&nbsp;&nbsp;&nbsp;192201 |
| BNP Paribas SA | &nbsp;&nbsp;36290 | 3319193 |
| Bollore SE | &nbsp;&nbsp;24915 | &nbsp;&nbsp;&nbsp;&nbsp;141297 |
| Bouygues SA | &nbsp;&nbsp;&nbsp;6976 | &nbsp;&nbsp;&nbsp;&nbsp;314644 |
| Bureau Veritas SA | &nbsp;&nbsp;11003 | &nbsp;&nbsp;&nbsp;&nbsp;345114 |
| Capgemini SE | &nbsp;&nbsp;&nbsp;5804 | &nbsp;&nbsp;&nbsp;&nbsp;846675 |
| Carrefour SA | &nbsp;&nbsp;19340 | &nbsp;&nbsp;&nbsp;&nbsp;293094 |
| Cie de Saint-Gobain SA | &nbsp;&nbsp;16016 | 1735363 |
| Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;23832 | &nbsp;&nbsp;&nbsp;&nbsp;858281 |
| Covivio SA | &nbsp;&nbsp;&nbsp;1990 | &nbsp;&nbsp;&nbsp;&nbsp;134125 |
| Credit Agricole SA | &nbsp;&nbsp;38090 | &nbsp;&nbsp;&nbsp;&nbsp;750606 |
| Danone SA | &nbsp;&nbsp;22899 | 1995269 |
| Dassault Aviation SA | &nbsp;&nbsp;&nbsp;&nbsp;697 | &nbsp;&nbsp;&nbsp;&nbsp;234801 |
| Dassault Systemes SE | &nbsp;&nbsp;23899 | &nbsp;&nbsp;&nbsp;&nbsp;803989 |
| Edenred SE | &nbsp;&nbsp;&nbsp;8717 | &nbsp;&nbsp;&nbsp;&nbsp;207593 |
| Eiffage SA | &nbsp;&nbsp;&nbsp;2589 | &nbsp;&nbsp;&nbsp;&nbsp;331698 |
| Engie SA | &nbsp;&nbsp;65128 | 1400029 |
| EssilorLuxottica SA | &nbsp;&nbsp;10790 | 3514891 |
| FDJ UNITED | &nbsp;&nbsp;&nbsp;3888 | &nbsp;&nbsp;&nbsp;&nbsp;130373 |
| Gecina SA | &nbsp;&nbsp;&nbsp;1546 | &nbsp;&nbsp;&nbsp;&nbsp;155311 |
| Getlink SE | &nbsp;&nbsp;10201 | &nbsp;&nbsp;&nbsp;&nbsp;188101 |
| Hermes International SCA | &nbsp;&nbsp;&nbsp;1129 | 2776262 |
| Ipsen SA | &nbsp;&nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp;170263 |
| Kering SA | &nbsp;&nbsp;&nbsp;2611 | &nbsp;&nbsp;&nbsp;&nbsp;874941 |
| Klepierre SA | &nbsp;&nbsp;&nbsp;8046 | &nbsp;&nbsp;&nbsp;&nbsp;314116 |
| Legrand SA | &nbsp;&nbsp;&nbsp;9260 | 1538656 |
| L'Oreal SA | &nbsp;&nbsp;&nbsp;8574 | 3725302 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;8923 | 5491061 |
| Orange SA | &nbsp;&nbsp;66397 | 1077027 |
| Pernod Ricard SA | &nbsp;&nbsp;&nbsp;7172 | &nbsp;&nbsp;&nbsp;&nbsp;706090 |
| Publicis Groupe SA | &nbsp;&nbsp;&nbsp;8062 | &nbsp;&nbsp;&nbsp;&nbsp;775835 |
| Renault SA | &nbsp;&nbsp;&nbsp;6965 | &nbsp;&nbsp;&nbsp;&nbsp;286390 |
| Rexel SA | &nbsp;&nbsp;&nbsp;7770 | &nbsp;&nbsp;&nbsp;&nbsp;255814 |
| Safran SA | &nbsp;&nbsp;12840 | 4556529 |
| Sanofi SA | &nbsp;&nbsp;40046 | 3792123 |
| Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;1029 | &nbsp;&nbsp;&nbsp;&nbsp;209704 |
| Schneider Electric SE | &nbsp;&nbsp;18877 | 5313365 |
| Schneider Electric SE (Euronext London Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;623 | &nbsp;&nbsp;&nbsp;&nbsp;175167 |
| Societe Generale SA | &nbsp;&nbsp;25684 | 1709950 |
| Sodexo SA | &nbsp;&nbsp;&nbsp;3211 | &nbsp;&nbsp;&nbsp;&nbsp;202596 |
| Teleperformance SE | &nbsp;&nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp;137586 |
| Thales SA | &nbsp;&nbsp;&nbsp;3332 | 1053296 |
| TotalEnergies SE | &nbsp;&nbsp;73262 | 4462297 |
| Unibail-Rodamco-Westfield (A) | &nbsp;&nbsp;&nbsp;3997 | &nbsp;&nbsp;&nbsp;&nbsp;420944 |
| Unibail-Rodamco-Westfield, CHESS Depositary Interest (A)(D) | &nbsp;&nbsp;&nbsp;7913 | &nbsp;&nbsp;&nbsp;&nbsp;41546 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **France (continued)** |  |  |
| Veolia Environnement SA | &nbsp;&nbsp;22469 | $&nbsp;&nbsp;&nbsp;&nbsp;766240 |
| Vinci SA | &nbsp;&nbsp;17653 | &nbsp;&nbsp;&nbsp;2453278 |
|  |  | 74564354 |
| **Germany - 5.8%** |  |  |
| adidas AG | &nbsp;&nbsp;&nbsp;6053 | &nbsp;&nbsp;&nbsp;1282522 |
| Allianz SE | &nbsp;&nbsp;13770 | &nbsp;&nbsp;&nbsp;5793423 |
| BASF SE | &nbsp;&nbsp;31826 | &nbsp;&nbsp;&nbsp;1590166 |
| Bayer AG | &nbsp;&nbsp;35031 | &nbsp;&nbsp;&nbsp;1166226 |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;10337 | &nbsp;&nbsp;&nbsp;1041841 |
| Beiersdorf AG | &nbsp;&nbsp;&nbsp;3535 | &nbsp;&nbsp;&nbsp;&nbsp;369889 |
| Brenntag SE | &nbsp;&nbsp;&nbsp;4572 | &nbsp;&nbsp;&nbsp;&nbsp;273967 |
| Commerzbank AG | &nbsp;&nbsp;27478 | &nbsp;&nbsp;&nbsp;1040375 |
| Continental AG | &nbsp;&nbsp;&nbsp;4004 | &nbsp;&nbsp;&nbsp;&nbsp;264889 |
| Covestro AG (A) | &nbsp;&nbsp;&nbsp;6482 | &nbsp;&nbsp;&nbsp;&nbsp;443790 |
| CTS Eventim AG & Company KGaA | &nbsp;&nbsp;&nbsp;2198 | &nbsp;&nbsp;&nbsp;&nbsp;215788 |
| Daimler Truck Holding AG | &nbsp;&nbsp;17301 | &nbsp;&nbsp;&nbsp;&nbsp;715425 |
| Delivery Hero SE (A)(B) | &nbsp;&nbsp;&nbsp;6759 | &nbsp;&nbsp;&nbsp;&nbsp;194081 |
| Deutsche Bank AG | &nbsp;&nbsp;65997 | &nbsp;&nbsp;&nbsp;2337341 |
| Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;6714 | &nbsp;&nbsp;&nbsp;1797953 |
| Deutsche Lufthansa AG | &nbsp;&nbsp;20091 | &nbsp;&nbsp;&nbsp;&nbsp;170517 |
| Deutsche Telekom AG | 124465 | &nbsp;&nbsp;&nbsp;4240465 |
| DHL Group | &nbsp;&nbsp;33971 | &nbsp;&nbsp;&nbsp;1518078 |
| E.ON SE | &nbsp;&nbsp;80057 | &nbsp;&nbsp;&nbsp;1507915 |
| Evonik Industries AG | &nbsp;&nbsp;&nbsp;9028 | &nbsp;&nbsp;&nbsp;&nbsp;156989 |
| Fresenius Medical Care AG | &nbsp;&nbsp;&nbsp;7738 | &nbsp;&nbsp;&nbsp;&nbsp;408858 |
| Fresenius SE & Company KGaA | &nbsp;&nbsp;15063 | &nbsp;&nbsp;&nbsp;&nbsp;841805 |
| GEA Group AG | &nbsp;&nbsp;&nbsp;5625 | &nbsp;&nbsp;&nbsp;&nbsp;415869 |
| Hannover Rueck SE | &nbsp;&nbsp;&nbsp;2124 | &nbsp;&nbsp;&nbsp;&nbsp;640937 |
| Heidelberg Materials AG | &nbsp;&nbsp;&nbsp;4810 | &nbsp;&nbsp;&nbsp;1087283 |
| Henkel AG & Company KGaA | &nbsp;&nbsp;&nbsp;3543 | &nbsp;&nbsp;&nbsp;&nbsp;262986 |
| Hensoldt AG | &nbsp;&nbsp;&nbsp;2267 | &nbsp;&nbsp;&nbsp;&nbsp;295261 |
| Infineon Technologies AG | &nbsp;&nbsp;46567 | &nbsp;&nbsp;&nbsp;1826835 |
| Knorr-Bremse AG | &nbsp;&nbsp;&nbsp;2587 | &nbsp;&nbsp;&nbsp;&nbsp;243408 |
| LEG Immobilien SE | &nbsp;&nbsp;&nbsp;2553 | &nbsp;&nbsp;&nbsp;&nbsp;203469 |
| Mercedes-Benz Group AG | &nbsp;&nbsp;25751 | &nbsp;&nbsp;&nbsp;1623089 |
| Merck KGaA | &nbsp;&nbsp;&nbsp;4533 | &nbsp;&nbsp;&nbsp;&nbsp;588134 |
| MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;1919 | &nbsp;&nbsp;&nbsp;&nbsp;885309 |
| Muenchener Rueckversicherungs-Gesellschaft AG | &nbsp;&nbsp;&nbsp;4770 | &nbsp;&nbsp;&nbsp;3045529 |
| Nemetschek SE | &nbsp;&nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp;262309 |
| Rational AG | &nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;131439 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp;1638 | &nbsp;&nbsp;&nbsp;3831573 |
| RWE AG | &nbsp;&nbsp;22545 | &nbsp;&nbsp;&nbsp;1002775 |
| SAP SE | &nbsp;&nbsp;37235 | &nbsp;&nbsp;&nbsp;9970341 |
| Scout24 SE (B) | &nbsp;&nbsp;&nbsp;2729 | &nbsp;&nbsp;&nbsp;&nbsp;342374 |
| Siemens AG | &nbsp;&nbsp;27100 | &nbsp;&nbsp;&nbsp;7316421 |
| Siemens Energy AG (A) | &nbsp;&nbsp;24227 | &nbsp;&nbsp;&nbsp;2848596 |
| Siemens Healthineers AG (B) | &nbsp;&nbsp;11899 | &nbsp;&nbsp;&nbsp;&nbsp;644525 |
| Symrise AG | &nbsp;&nbsp;&nbsp;4743 | &nbsp;&nbsp;&nbsp;&nbsp;412501 |
| Talanx AG | &nbsp;&nbsp;&nbsp;2354 | &nbsp;&nbsp;&nbsp;&nbsp;313853 |
| Vonovia SE | &nbsp;&nbsp;26430 | &nbsp;&nbsp;&nbsp;&nbsp;825987 |
| Zalando SE (A)(B) | &nbsp;&nbsp;&nbsp;7664 | &nbsp;&nbsp;&nbsp;&nbsp;235195 |
|  |  | 66628301 |
| **Greece - 0.2%** |  |  |
| Alpha Bank SA | &nbsp;&nbsp;82858 | &nbsp;&nbsp;&nbsp;&nbsp;352400 |
| Eurobank Ergasias Services and Holdings SA | &nbsp;&nbsp;91237 | &nbsp;&nbsp;&nbsp;&nbsp;352938 |
| FF Group (A)(D) | &nbsp;&nbsp;&nbsp;1869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;5794 | &nbsp;&nbsp;&nbsp;&nbsp;109723 |
| JUMBO SA | &nbsp;&nbsp;&nbsp;3913 | &nbsp;&nbsp;&nbsp;&nbsp;134299 |
| National Bank of Greece SA | &nbsp;&nbsp;31216 | &nbsp;&nbsp;&nbsp;&nbsp;454551 |
| OPAP SA | &nbsp;&nbsp;&nbsp;7073 | &nbsp;&nbsp;&nbsp;&nbsp;164953 |
| Piraeus Financial Holdings SA (A) | &nbsp;&nbsp;36819 | &nbsp;&nbsp;&nbsp;&nbsp;312750 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Greece (continued)** |  |  |
| Public Power Corp. SA | &nbsp;&nbsp;&nbsp;6989 | $&nbsp;&nbsp;&nbsp;&nbsp;115184 |
|  |  | 1996798 |
| **Hong Kong - 1.7%** |  |  |
| AIA Group, Ltd. | 382200 | 3662991 |
| Alibaba Health Information Technology, Ltd. (A) | 194000 | &nbsp;&nbsp;&nbsp;&nbsp;165217 |
| Beijing Enterprises Holdings, Ltd. | &nbsp;&nbsp;19786 | &nbsp;&nbsp;&nbsp;&nbsp;84502 |
| Beijing Enterprises Water Group, Ltd. | 126000 | &nbsp;&nbsp;&nbsp;&nbsp;38724 |
| BOC Hong Kong Holdings, Ltd. | 132328 | &nbsp;&nbsp;&nbsp;&nbsp;619926 |
| Bosideng International Holdings, Ltd. | 182000 | &nbsp;&nbsp;&nbsp;&nbsp;108568 |
| C&D International Investment Group, Ltd. | &nbsp;&nbsp;27256 | &nbsp;&nbsp;&nbsp;&nbsp;62682 |
| China Common Rich Renewable Energy Investments, Ltd. (A)(D) | 428695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| China Gas Holdings, Ltd. | 106663 | &nbsp;&nbsp;&nbsp;&nbsp;104296 |
| China Merchants Port Holdings Company, Ltd. | &nbsp;&nbsp;52898 | &nbsp;&nbsp;&nbsp;&nbsp;99035 |
| China Overseas Land & Investment, Ltd. | 131382 | &nbsp;&nbsp;&nbsp;&nbsp;241964 |
| China Power International Development, Ltd. | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;76776 |
| China Resources Beer Holdings Company, Ltd. | &nbsp;&nbsp;55979 | &nbsp;&nbsp;&nbsp;&nbsp;196956 |
| China Resources Gas Group, Ltd. | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;76357 |
| China Resources Land, Ltd. | 110964 | &nbsp;&nbsp;&nbsp;&nbsp;432481 |
| China Resources Power Holdings Company, Ltd. | &nbsp;&nbsp;76244 | &nbsp;&nbsp;&nbsp;&nbsp;174638 |
| China Ruyi Holdings, Ltd. (A) | 304000 | &nbsp;&nbsp;&nbsp;&nbsp;115879 |
| China State Construction International Holdings, Ltd. | &nbsp;&nbsp;71250 | &nbsp;&nbsp;&nbsp;&nbsp;90732 |
| China Taiping Insurance Holdings Company, Ltd. | &nbsp;&nbsp;60500 | &nbsp;&nbsp;&nbsp;&nbsp;118262 |
| Chow Tai Fook Jewellery Group, Ltd. | &nbsp;&nbsp;80800 | &nbsp;&nbsp;&nbsp;&nbsp;161470 |
| CK Asset Holdings, Ltd. | &nbsp;&nbsp;68546 | &nbsp;&nbsp;&nbsp;&nbsp;331975 |
| CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;94163 | &nbsp;&nbsp;&nbsp;&nbsp;618649 |
| CK Infrastructure Holdings, Ltd. | &nbsp;&nbsp;21272 | &nbsp;&nbsp;&nbsp;&nbsp;139562 |
| CLP Holdings, Ltd. | &nbsp;&nbsp;58900 | &nbsp;&nbsp;&nbsp;&nbsp;487356 |
| Far East Horizon, Ltd. | &nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;58250 |
| Futu Holdings, Ltd., ADR | &nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;382602 |
| Galaxy Entertainment Group, Ltd. | &nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp;423373 |
| GCL Technology Holdings, Ltd. (A) | 759000 | &nbsp;&nbsp;&nbsp;&nbsp;127787 |
| Geely Automobile Holdings, Ltd. | 217000 | &nbsp;&nbsp;&nbsp;&nbsp;543899 |
| Guangdong Investment, Ltd. | &nbsp;&nbsp;99220 | &nbsp;&nbsp;&nbsp;&nbsp;90181 |
| Hang Seng Bank, Ltd. | &nbsp;&nbsp;27319 | &nbsp;&nbsp;&nbsp;&nbsp;415711 |
| Henderson Land Development Company, Ltd. | &nbsp;&nbsp;55324 | &nbsp;&nbsp;&nbsp;&nbsp;194877 |
| HKT Trust & HKT, Ltd. | 145233 | &nbsp;&nbsp;&nbsp;&nbsp;214730 |
| Hong Kong & China Gas Company, Ltd. | 404091 | &nbsp;&nbsp;&nbsp;&nbsp;350667 |
| Hong Kong Exchanges & Clearing, Ltd. | &nbsp;&nbsp;42714 | 2424898 |
| Hongkong Land Holdings, Ltd. | &nbsp;&nbsp;37200 | &nbsp;&nbsp;&nbsp;&nbsp;235484 |
| Jardine Matheson Holdings, Ltd. | &nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp;372332 |
| Kunlun Energy Company, Ltd. | 134000 | &nbsp;&nbsp;&nbsp;&nbsp;119685 |
| Link REIT | &nbsp;&nbsp;90646 | &nbsp;&nbsp;&nbsp;&nbsp;465738 |
| MTR Corp., Ltd. | &nbsp;&nbsp;59022 | &nbsp;&nbsp;&nbsp;&nbsp;199883 |
| NetEase Cloud Music, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;103177 |
| Orient Overseas International, Ltd. | &nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;72945 |
| Power Assets Holdings, Ltd. | &nbsp;&nbsp;49582 | &nbsp;&nbsp;&nbsp;&nbsp;313836 |
| Prudential PLC | &nbsp;&nbsp;92854 | 1299928 |
| Sino Biopharmaceutical, Ltd. | 346500 | &nbsp;&nbsp;&nbsp;&nbsp;361162 |
| Sino Land Company, Ltd. | 138789 | &nbsp;&nbsp;&nbsp;&nbsp;175474 |
| SITC International Holdings Company, Ltd. | &nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp;200206 |
| Sun Hung Kai Properties, Ltd. | &nbsp;&nbsp;51130 | &nbsp;&nbsp;&nbsp;&nbsp;611594 |
| Swire Pacific, Ltd., Class A | &nbsp;&nbsp;14663 | &nbsp;&nbsp;&nbsp;&nbsp;124231 |
| Techtronic Industries Company, Ltd. | &nbsp;&nbsp;51500 | &nbsp;&nbsp;&nbsp;&nbsp;658336 |
| The Wharf Holdings, Ltd. | &nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp;105744 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hong Kong (continued)** |  |  |
| Want Want China Holdings, Ltd. | 163000 | $&nbsp;&nbsp;&nbsp;&nbsp;110590 |
| WH Group, Ltd. (B) | 297343 | &nbsp;&nbsp;&nbsp;&nbsp;322008 |
| Wharf Real Estate Investment Company, Ltd. | &nbsp;&nbsp;62876 | &nbsp;&nbsp;&nbsp;&nbsp;185660 |
|  |  | 19473986 |
| **Hungary - 0.1%** |  |  |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;15526 | &nbsp;&nbsp;&nbsp;&nbsp;126175 |
| OTP Bank NYRT | &nbsp;&nbsp;&nbsp;8008 | &nbsp;&nbsp;&nbsp;&nbsp;692719 |
| Richter Gedeon NYRT | &nbsp;&nbsp;&nbsp;4794 | &nbsp;&nbsp;&nbsp;&nbsp;145855 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;964749 |
| **India - 4.6%** |  |  |
| ABB India, Ltd. | &nbsp;&nbsp;&nbsp;1809 | &nbsp;&nbsp;&nbsp;&nbsp;105925 |
| Adani Enterprises, Ltd. | &nbsp;&nbsp;&nbsp;5762 | &nbsp;&nbsp;&nbsp;&nbsp;162926 |
| Adani Ports & Special Economic Zone, Ltd. | &nbsp;&nbsp;19257 | &nbsp;&nbsp;&nbsp;&nbsp;305009 |
| Adani Power, Ltd. (A) | 101525 | &nbsp;&nbsp;&nbsp;&nbsp;165816 |
| Alkem Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;1469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89783 |
| Ambuja Cements, Ltd. | &nbsp;&nbsp;21958 | &nbsp;&nbsp;&nbsp;&nbsp;141373 |
| APL Apollo Tubes, Ltd. | &nbsp;&nbsp;&nbsp;6432 | &nbsp;&nbsp;&nbsp;&nbsp;121830 |
| Apollo Hospitals Enterprise, Ltd. | &nbsp;&nbsp;&nbsp;3469 | &nbsp;&nbsp;&nbsp;&nbsp;290698 |
| Ashok Leyland, Ltd. | &nbsp;&nbsp;99152 | &nbsp;&nbsp;&nbsp;&nbsp;159620 |
| Asian Paints, Ltd. | &nbsp;&nbsp;13278 | &nbsp;&nbsp;&nbsp;&nbsp;351846 |
| Astral, Ltd. | &nbsp;&nbsp;&nbsp;4648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71691 |
| AU Small Finance Bank, Ltd. (B) | &nbsp;&nbsp;12818 | &nbsp;&nbsp;&nbsp;&nbsp;105595 |
| Aurobindo Pharma, Ltd. | &nbsp;&nbsp;&nbsp;9153 | &nbsp;&nbsp;&nbsp;&nbsp;112210 |
| Avenue Supermarts, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;5630 | &nbsp;&nbsp;&nbsp;&nbsp;283016 |
| Axis Bank, Ltd. | &nbsp;&nbsp;81732 | &nbsp;&nbsp;&nbsp;1040668 |
| Bajaj Auto, Ltd. | &nbsp;&nbsp;&nbsp;2390 | &nbsp;&nbsp;&nbsp;&nbsp;234373 |
| Bajaj Finance, Ltd. | &nbsp;&nbsp;99470 | &nbsp;&nbsp;&nbsp;1119297 |
| Bajaj Finserv, Ltd. | &nbsp;&nbsp;13664 | &nbsp;&nbsp;&nbsp;&nbsp;307886 |
| Bajaj Holdings & Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;123271 |
| Balkrishna Industries, Ltd. | &nbsp;&nbsp;&nbsp;2611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67594 |
| Bank of Baroda | &nbsp;&nbsp;35251 | &nbsp;&nbsp;&nbsp;&nbsp;102637 |
| Bharat Electronics, Ltd. | 130326 | &nbsp;&nbsp;&nbsp;&nbsp;593003 |
| Bharat Forge, Ltd. | &nbsp;&nbsp;&nbsp;8648 | &nbsp;&nbsp;&nbsp;&nbsp;117705 |
| Bharat Heavy Electricals, Ltd. | &nbsp;&nbsp;35988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96817 |
| Bharat Petroleum Corp., Ltd. | &nbsp;&nbsp;51282 | &nbsp;&nbsp;&nbsp;&nbsp;196019 |
| Bharti Airtel, Ltd. | &nbsp;&nbsp;91497 | &nbsp;&nbsp;&nbsp;1939853 |
| Bosch, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;112197 |
| Britannia Industries, Ltd. | &nbsp;&nbsp;&nbsp;3751 | &nbsp;&nbsp;&nbsp;&nbsp;253739 |
| BSE, Ltd. | &nbsp;&nbsp;&nbsp;6984 | &nbsp;&nbsp;&nbsp;&nbsp;160590 |
| Canara Bank | &nbsp;&nbsp;63900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89247 |
| CG Power & Industrial Solutions, Ltd. | &nbsp;&nbsp;25283 | &nbsp;&nbsp;&nbsp;&nbsp;211327 |
| Cholamandalam Investment and Finance Company, Ltd. | &nbsp;&nbsp;14529 | &nbsp;&nbsp;&nbsp;&nbsp;263274 |
| Cipla, Ltd. | &nbsp;&nbsp;19879 | &nbsp;&nbsp;&nbsp;&nbsp;337650 |
| Coal India, Ltd. | &nbsp;&nbsp;64781 | &nbsp;&nbsp;&nbsp;&nbsp;284394 |
| Colgate-Palmolive India, Ltd. | &nbsp;&nbsp;&nbsp;4685 | &nbsp;&nbsp;&nbsp;&nbsp;117631 |
| Container Corp. of India, Ltd. | &nbsp;&nbsp;11441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67592 |
| Coromandel International, Ltd. | &nbsp;&nbsp;&nbsp;4202 | &nbsp;&nbsp;&nbsp;&nbsp;106527 |
| Cummins India, Ltd. | &nbsp;&nbsp;&nbsp;4680 | &nbsp;&nbsp;&nbsp;&nbsp;207182 |
| Dabur India, Ltd. | &nbsp;&nbsp;21327 | &nbsp;&nbsp;&nbsp;&nbsp;117913 |
| Divi's Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;4260 | &nbsp;&nbsp;&nbsp;&nbsp;273997 |
| Dixon Technologies India, Ltd. | &nbsp;&nbsp;&nbsp;1289 | &nbsp;&nbsp;&nbsp;&nbsp;237424 |
| DLF, Ltd. | &nbsp;&nbsp;25583 | &nbsp;&nbsp;&nbsp;&nbsp;206007 |
| Dr. Reddy's Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;1570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21844 |
| Dr. Reddy's Laboratories, Ltd., ADR | &nbsp;&nbsp;18540 | &nbsp;&nbsp;&nbsp;&nbsp;259189 |
| Eicher Motors, Ltd. | &nbsp;&nbsp;&nbsp;4712 | &nbsp;&nbsp;&nbsp;&nbsp;372295 |
| Eternal, Ltd. (A) | &nbsp;&nbsp;86090 | &nbsp;&nbsp;&nbsp;&nbsp;316339 |
| FSN E-Commerce Ventures, Ltd. (A) | &nbsp;&nbsp;40782 | &nbsp;&nbsp;&nbsp;&nbsp;107604 |
| GAIL India, Ltd. | &nbsp;&nbsp;&nbsp;3491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6932 |
| GAIL India, Ltd., GDR | &nbsp;&nbsp;12953 | &nbsp;&nbsp;&nbsp;&nbsp;149267 |
| GMR Airports, Ltd. (A) | &nbsp;&nbsp;83177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81577 |
| Godrej Consumer Products, Ltd. | &nbsp;&nbsp;14095 | &nbsp;&nbsp;&nbsp;&nbsp;185523 |
| Godrej Properties, Ltd. (A) | &nbsp;&nbsp;&nbsp;5627 | &nbsp;&nbsp;&nbsp;&nbsp;125574 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **India (continued)** |  |  |
| Grasim Industries, Ltd. | &nbsp;&nbsp;&nbsp;9706 | $&nbsp;&nbsp;&nbsp;&nbsp;302779 |
| Havells India, Ltd. | &nbsp;&nbsp;&nbsp;8636 | &nbsp;&nbsp;&nbsp;&nbsp;146201 |
| HCL Technologies, Ltd. | &nbsp;&nbsp;33867 | &nbsp;&nbsp;&nbsp;&nbsp;529018 |
| HDFC Asset Management Company, Ltd. (B) | &nbsp;&nbsp;&nbsp;3310 | &nbsp;&nbsp;&nbsp;&nbsp;205896 |
| HDFC Bank, Ltd. | 403838 | 4334636 |
| HDFC Life Insurance Company, Ltd. (B) | &nbsp;&nbsp;33493 | &nbsp;&nbsp;&nbsp;&nbsp;284786 |
| Hero MotoCorp, Ltd. | &nbsp;&nbsp;&nbsp;4132 | &nbsp;&nbsp;&nbsp;&nbsp;254835 |
| Hindalco Industries, Ltd. | &nbsp;&nbsp;48079 | &nbsp;&nbsp;&nbsp;&nbsp;413727 |
| Hindustan Aeronautics, Ltd. | &nbsp;&nbsp;&nbsp;7067 | &nbsp;&nbsp;&nbsp;&nbsp;377678 |
| Hindustan Petroleum Corp., Ltd. | &nbsp;&nbsp;34143 | &nbsp;&nbsp;&nbsp;&nbsp;170134 |
| Hindustan Unilever, Ltd. | &nbsp;&nbsp;28966 | &nbsp;&nbsp;&nbsp;&nbsp;821067 |
| Hitachi Energy India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;477 | &nbsp;&nbsp;&nbsp;&nbsp;96701 |
| Hyundai Motor India, Ltd. | &nbsp;&nbsp;&nbsp;5657 | &nbsp;&nbsp;&nbsp;&nbsp;164621 |
| ICICI Bank, Ltd. | 103117 | 1563807 |
| ICICI Bank, Ltd., ADR | &nbsp;&nbsp;42418 | 1282296 |
| ICICI Lombard General Insurance Company, Ltd. (B) | &nbsp;&nbsp;&nbsp;8129 | &nbsp;&nbsp;&nbsp;&nbsp;172717 |
| ICICI Prudential Life Insurance Company, Ltd. (B) | &nbsp;&nbsp;11948 | &nbsp;&nbsp;&nbsp;&nbsp;80071 |
| IDFC First Bank, Ltd. | 119836 | &nbsp;&nbsp;&nbsp;&nbsp;94311 |
| Indian Oil Corp., Ltd. | &nbsp;&nbsp;97345 | &nbsp;&nbsp;&nbsp;&nbsp;164281 |
| Indian Railway Catering & Tourism Corp., Ltd. | &nbsp;&nbsp;&nbsp;7983 | &nbsp;&nbsp;&nbsp;&nbsp;62982 |
| Indus Towers, Ltd. (A) | &nbsp;&nbsp;47036 | &nbsp;&nbsp;&nbsp;&nbsp;182380 |
| IndusInd Bank, Ltd. (A) | &nbsp;&nbsp;20069 | &nbsp;&nbsp;&nbsp;&nbsp;166344 |
| Info Edge India, Ltd. | &nbsp;&nbsp;12707 | &nbsp;&nbsp;&nbsp;&nbsp;188171 |
| Infosys, Ltd. | &nbsp;&nbsp;&nbsp;4319 | &nbsp;&nbsp;&nbsp;&nbsp;70285 |
| Infosys, Ltd., ADR (E) | 114159 | 1857367 |
| InterGlobe Aviation, Ltd. (B) | &nbsp;&nbsp;&nbsp;6756 | &nbsp;&nbsp;&nbsp;&nbsp;424461 |
| ITC, Ltd. | 107095 | &nbsp;&nbsp;&nbsp;&nbsp;484292 |
| Jindal Stainless, Ltd. | &nbsp;&nbsp;11602 | &nbsp;&nbsp;&nbsp;&nbsp;97160 |
| Jindal Steel, Ltd. | &nbsp;&nbsp;15135 | &nbsp;&nbsp;&nbsp;&nbsp;181286 |
| Jio Financial Services, Ltd. | 102813 | &nbsp;&nbsp;&nbsp;&nbsp;339906 |
| JSW Energy, Ltd. | &nbsp;&nbsp;15581 | &nbsp;&nbsp;&nbsp;&nbsp;93464 |
| JSW Steel, Ltd. | &nbsp;&nbsp;21158 | &nbsp;&nbsp;&nbsp;&nbsp;271874 |
| Jubilant Foodworks, Ltd. | &nbsp;&nbsp;13701 | &nbsp;&nbsp;&nbsp;&nbsp;95409 |
| Kalyan Jewellers India, Ltd. | &nbsp;&nbsp;14477 | &nbsp;&nbsp;&nbsp;&nbsp;74235 |
| Kotak Mahindra Bank, Ltd. | &nbsp;&nbsp;38512 | &nbsp;&nbsp;&nbsp;&nbsp;864918 |
| Larsen & Toubro, Ltd. | &nbsp;&nbsp;24028 | &nbsp;&nbsp;&nbsp;&nbsp;992224 |
| Lodha Developers, Ltd. (B) | &nbsp;&nbsp;10508 | &nbsp;&nbsp;&nbsp;&nbsp;135092 |
| LTIMindtree, Ltd. (B) | &nbsp;&nbsp;&nbsp;2498 | &nbsp;&nbsp;&nbsp;&nbsp;145083 |
| Lupin, Ltd. | &nbsp;&nbsp;&nbsp;7879 | &nbsp;&nbsp;&nbsp;&nbsp;170655 |
| Mahindra & Mahindra, Ltd. | &nbsp;&nbsp;&nbsp;3736 | &nbsp;&nbsp;&nbsp;&nbsp;144526 |
| Mahindra & Mahindra, Ltd., GDR | &nbsp;&nbsp;29450 | 1131413 |
| Mankind Pharma, Ltd. | &nbsp;&nbsp;&nbsp;4645 | &nbsp;&nbsp;&nbsp;&nbsp;127247 |
| Marico, Ltd. | &nbsp;&nbsp;17795 | &nbsp;&nbsp;&nbsp;&nbsp;139768 |
| Maruti Suzuki India, Ltd. | &nbsp;&nbsp;&nbsp;4407 | &nbsp;&nbsp;&nbsp;&nbsp;796271 |
| Max Healthcare Institute, Ltd. | &nbsp;&nbsp;26906 | &nbsp;&nbsp;&nbsp;&nbsp;339444 |
| Mphasis, Ltd. | &nbsp;&nbsp;&nbsp;3967 | &nbsp;&nbsp;&nbsp;&nbsp;118654 |
| MRF, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp;131584 |
| Muthoot Finance, Ltd. | &nbsp;&nbsp;&nbsp;4018 | &nbsp;&nbsp;&nbsp;&nbsp;139078 |
| Nestle India, Ltd. | &nbsp;&nbsp;23356 | &nbsp;&nbsp;&nbsp;&nbsp;303510 |
| NHPC, Ltd. | 106146 | &nbsp;&nbsp;&nbsp;&nbsp;103110 |
| NMDC, Ltd. | 106008 | &nbsp;&nbsp;&nbsp;&nbsp;91469 |
| NTPC, Ltd. | 153697 | &nbsp;&nbsp;&nbsp;&nbsp;589812 |
| Oberoi Realty, Ltd. | &nbsp;&nbsp;&nbsp;4466 | &nbsp;&nbsp;&nbsp;&nbsp;79976 |
| Oil & Natural Gas Corp., Ltd. | 110780 | &nbsp;&nbsp;&nbsp;&nbsp;298654 |
| Oil India, Ltd. | &nbsp;&nbsp;17099 | &nbsp;&nbsp;&nbsp;&nbsp;79672 |
| Oracle Financial Services Software, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp;71934 |
| Page Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;212 | &nbsp;&nbsp;&nbsp;&nbsp;97256 |
| PB Fintech, Ltd. (A) | &nbsp;&nbsp;12509 | &nbsp;&nbsp;&nbsp;&nbsp;239797 |
| Persistent Systems, Ltd. | &nbsp;&nbsp;&nbsp;3957 | &nbsp;&nbsp;&nbsp;&nbsp;215176 |
| Petronet LNG, Ltd. | &nbsp;&nbsp;25955 | &nbsp;&nbsp;&nbsp;&nbsp;81573 |
| PI Industries, Ltd. | &nbsp;&nbsp;&nbsp;2778 | &nbsp;&nbsp;&nbsp;&nbsp;109752 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **India (continued)** |  |  |
| Pidilite Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10508 | $&nbsp;&nbsp;&nbsp;&nbsp;173419 |
| Polycab India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1852 | &nbsp;&nbsp;&nbsp;&nbsp;151963 |
| Power Finance Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;51161 | &nbsp;&nbsp;&nbsp;&nbsp;236745 |
| Power Grid Corp. of India, Ltd. | &nbsp;&nbsp;163799 | &nbsp;&nbsp;&nbsp;&nbsp;517052 |
| Prestige Estates Projects, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6144 | &nbsp;&nbsp;&nbsp;&nbsp;104491 |
| Punjab National Bank | &nbsp;&nbsp;&nbsp;&nbsp;75867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96636 |
| Rail Vikas Nigam, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;18264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70328 |
| REC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;45358 | &nbsp;&nbsp;&nbsp;&nbsp;189790 |
| Reliance Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47488 | &nbsp;&nbsp;&nbsp;&nbsp;729406 |
| Reliance Industries, Ltd., GDR (B) | &nbsp;&nbsp;&nbsp;&nbsp;42453 | &nbsp;&nbsp;&nbsp;2593209 |
| Samvardhana Motherson International, Ltd. | &nbsp;&nbsp;174754 | &nbsp;&nbsp;&nbsp;&nbsp;208115 |
| SBI Cards & Payment Services, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97520 |
| SBI Life Insurance Company, Ltd. (B) | &nbsp;&nbsp;&nbsp;&nbsp;16080 | &nbsp;&nbsp;&nbsp;&nbsp;324517 |
| Shree Cement, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp;101162 |
| Shriram Finance, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;50288 | &nbsp;&nbsp;&nbsp;&nbsp;349680 |
| Siemens, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3067 | &nbsp;&nbsp;&nbsp;&nbsp;107863 |
| Solar Industries India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;143858 |
| SRF, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;4927 | &nbsp;&nbsp;&nbsp;&nbsp;156644 |
| State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp;3731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36679 |
| State Bank of India, GDR | &nbsp;&nbsp;&nbsp;&nbsp;5914 | &nbsp;&nbsp;&nbsp;&nbsp;581918 |
| Sun Pharmaceutical Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;34222 | &nbsp;&nbsp;&nbsp;&nbsp;617489 |
| Sundaram Finance, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2348 | &nbsp;&nbsp;&nbsp;&nbsp;111588 |
| Supreme Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2145 | &nbsp;&nbsp;&nbsp;&nbsp;102515 |
| Suzlon Energy, Ltd. (A) | &nbsp;&nbsp;335422 | &nbsp;&nbsp;&nbsp;&nbsp;207442 |
| Swiggy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;31144 | &nbsp;&nbsp;&nbsp;&nbsp;147984 |
| Tata Communications, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70936 |
| Tata Consultancy Services, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;32254 | &nbsp;&nbsp;&nbsp;1050790 |
| Tata Consumer Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;20545 | &nbsp;&nbsp;&nbsp;&nbsp;262141 |
| Tata Elxsi, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68884 |
| Tata Motors, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;72198 | &nbsp;&nbsp;&nbsp;&nbsp;555138 |
| Tata Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;26136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49788 |
| Tata Steel, Ltd., GDR | &nbsp;&nbsp;&nbsp;&nbsp;23852 | &nbsp;&nbsp;&nbsp;&nbsp;455154 |
| Tech Mahindra, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;18580 | &nbsp;&nbsp;&nbsp;&nbsp;292765 |
| The Indian Hotels Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;30454 | &nbsp;&nbsp;&nbsp;&nbsp;247349 |
| The Phoenix Mills, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6924 | &nbsp;&nbsp;&nbsp;&nbsp;121213 |
| The Tata Power Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;57820 | &nbsp;&nbsp;&nbsp;&nbsp;253852 |
| Titan Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;12663 | &nbsp;&nbsp;&nbsp;&nbsp;480940 |
| Torrent Pharmaceuticals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;4375 | &nbsp;&nbsp;&nbsp;&nbsp;177562 |
| Torrent Power, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;5925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81275 |
| Trent, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6465 | &nbsp;&nbsp;&nbsp;&nbsp;341031 |
| Tube Investments of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp;127091 |
| TVS Motor Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;8184 | &nbsp;&nbsp;&nbsp;&nbsp;317619 |
| UltraTech Cement, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3177 | &nbsp;&nbsp;&nbsp;&nbsp;438097 |
| UltraTech Cement, Ltd., GDR | &nbsp;&nbsp;&nbsp;&nbsp;1026 | &nbsp;&nbsp;&nbsp;&nbsp;141232 |
| Union Bank of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;51073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79798 |
| United Spirits, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10125 | &nbsp;&nbsp;&nbsp;&nbsp;152239 |
| UPL, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;17111 | &nbsp;&nbsp;&nbsp;&nbsp;126748 |
| Varun Beverages, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47086 | &nbsp;&nbsp;&nbsp;&nbsp;235324 |
| Vedanta, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47644 | &nbsp;&nbsp;&nbsp;&nbsp;249967 |
| Vishal Mega Mart, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;74851 | &nbsp;&nbsp;&nbsp;&nbsp;125375 |
| Vodafone Idea, Ltd. (A) | &nbsp;&nbsp;832452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76985 |
| Voltas, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7546 | &nbsp;&nbsp;&nbsp;&nbsp;114571 |
| WAAREE Energies, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;115319 |
| Wipro, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6127 |
| Wipro, Ltd., ADR (E) | &nbsp;&nbsp;&nbsp;&nbsp;88126 | &nbsp;&nbsp;&nbsp;&nbsp;231771 |
| Yes Bank, Ltd. (A) | &nbsp;&nbsp;506651 | &nbsp;&nbsp;&nbsp;&nbsp;121442 |
| Zydus Lifesciences, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;8814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97819 |
|  |  | 52290477 |
| **Indonesia - 0.3%** |  |  |
| Amman Mineral Internasional PT (A) | &nbsp;&nbsp;517500 | &nbsp;&nbsp;&nbsp;&nbsp;224312 |
| Astra International Tbk PT | &nbsp;&nbsp;721800 | &nbsp;&nbsp;&nbsp;&nbsp;250321 |
| Bank Central Asia Tbk PT | 1978100 | &nbsp;&nbsp;&nbsp;&nbsp;905891 |
| Bank Mandiri Persero Tbk PT | 1309248 | &nbsp;&nbsp;&nbsp;&nbsp;346020 |
| Bank Negara Indonesia Persero Tbk PT | &nbsp;&nbsp;553000 | &nbsp;&nbsp;&nbsp;&nbsp;136426 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Indonesia (continued)** |  |  |
| Bank Rakyat Indonesia Persero Tbk PT | &nbsp;&nbsp;2431948 | $&nbsp;&nbsp;&nbsp;&nbsp;570006 |
| Barito Pacific Tbk PT (A) | &nbsp;&nbsp;&nbsp;&nbsp;733695 | &nbsp;&nbsp;&nbsp;&nbsp;165367 |
| Chandra Asri Pacific Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;308500 | &nbsp;&nbsp;&nbsp;&nbsp;143175 |
| Charoen Pokphand Indonesia Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;276000 | &nbsp;&nbsp;&nbsp;&nbsp;77250 |
| Dian Swastatika Sentosa Tbk PT (A) | &nbsp;&nbsp;&nbsp;&nbsp;34350 | &nbsp;&nbsp;&nbsp;&nbsp;219071 |
| GoTo Gojek Tokopedia Tbk PT (A) | 31738300 | &nbsp;&nbsp;&nbsp;&nbsp;103153 |
| Indofood CBP Sukses Makmur Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;74500 | &nbsp;&nbsp;&nbsp;&nbsp;42402 |
| Indofood Sukses Makmur Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;147500 | &nbsp;&nbsp;&nbsp;&nbsp;63999 |
| Kalbe Farma Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;58136 |
| Petrindo Jaya Kreasi Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;802300 | &nbsp;&nbsp;&nbsp;&nbsp;78237 |
| Sumber Alfaria Trijaya Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;655300 | &nbsp;&nbsp;&nbsp;&nbsp;75973 |
| Telkom Indonesia Persero Tbk PT | &nbsp;&nbsp;1699700 | &nbsp;&nbsp;&nbsp;&nbsp;312960 |
| Telkom Indonesia Persero Tbk PT, ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6738 |
| United Tractors Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;55279 | &nbsp;&nbsp;&nbsp;&nbsp;88895 |
|  |  | 3868332 |
| **Ireland - 0.8%** |  |  |
| AerCap Holdings NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp;822800 |
| AIB Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;74725 | &nbsp;&nbsp;&nbsp;&nbsp;681250 |
| Bank of Ireland Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;36548 | &nbsp;&nbsp;&nbsp;&nbsp;605139 |
| DCC PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3357 | &nbsp;&nbsp;&nbsp;&nbsp;216097 |
| Experian PLC | &nbsp;&nbsp;&nbsp;&nbsp;32652 | 1640017 |
| James Hardie Industries PLC, CHESS Depositary Interest (A) | &nbsp;&nbsp;&nbsp;&nbsp;20648 | &nbsp;&nbsp;&nbsp;&nbsp;383214 |
| Kerry Group PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;&nbsp;49111 |
| Kerry Group PLC, Class A (London Stock Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5260 | &nbsp;&nbsp;&nbsp;&nbsp;476238 |
| Kingspan Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp;18896 |
| Kingspan Group PLC (London Stock Exchange) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5232 | &nbsp;&nbsp;&nbsp;&nbsp;435399 |
| PDD Holdings, Inc., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;25300 | 3343901 |
| Ryanair Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;30317 | &nbsp;&nbsp;&nbsp;&nbsp;885939 |
|  |  | 9558001 |
| **Israel - 0.6%** |  |  |
| Azrieli Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424 | &nbsp;&nbsp;&nbsp;&nbsp;141259 |
| Bank Hapoalim BM | &nbsp;&nbsp;&nbsp;&nbsp;44745 | &nbsp;&nbsp;&nbsp;&nbsp;909540 |
| Bank Leumi Le-Israel BM | &nbsp;&nbsp;&nbsp;&nbsp;54437 | 1072550 |
| Check Point Software Technologies, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3116 | &nbsp;&nbsp;&nbsp;&nbsp;644732 |
| CyberArk Software, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;821355 |
| Elbit Systems, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969 | &nbsp;&nbsp;&nbsp;&nbsp;492973 |
| ICL Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;27153 | &nbsp;&nbsp;&nbsp;&nbsp;169550 |
| Isracard, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| Israel Discount Bank, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;44642 | &nbsp;&nbsp;&nbsp;&nbsp;441051 |
| Mizrahi Tefahot Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5543 | &nbsp;&nbsp;&nbsp;&nbsp;364207 |
| Monday.com, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;271166 |
| Nice, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;318701 |
| Nova, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046 | &nbsp;&nbsp;&nbsp;&nbsp;332624 |
| Teva Pharmaceutical Industries, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;33126 | &nbsp;&nbsp;&nbsp;&nbsp;668406 |
| Teva Pharmaceutical Industries, Ltd., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp;175740 |
| The Phoenix Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8063 | &nbsp;&nbsp;&nbsp;&nbsp;301912 |
| Wix.com, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;337497 |
|  |  | 7463265 |
| **Italy - 1.9%** |  |  |
| Banca Mediolanum SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7974 | &nbsp;&nbsp;&nbsp;&nbsp;160156 |
| Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp;45364 | &nbsp;&nbsp;&nbsp;&nbsp;680847 |
| BPER Banca SpA | &nbsp;&nbsp;&nbsp;&nbsp;52183 | &nbsp;&nbsp;&nbsp;&nbsp;580389 |
| Davide Campari-Milano NV | &nbsp;&nbsp;&nbsp;&nbsp;21368 | &nbsp;&nbsp;&nbsp;&nbsp;135122 |
| Enel SpA | &nbsp;&nbsp;&nbsp;&nbsp;290019 | 2748383 |
| Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp;72987 | 1276990 |
| Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4495 | 2178825 |
| FinecoBank SpA | &nbsp;&nbsp;&nbsp;&nbsp;22046 | &nbsp;&nbsp;&nbsp;&nbsp;478480 |
| Generali | &nbsp;&nbsp;&nbsp;&nbsp;30416 | 1195353 |
| Infrastrutture Wireless Italiane SpA (B) | &nbsp;&nbsp;&nbsp;&nbsp;11205 | &nbsp;&nbsp;&nbsp;&nbsp;131675 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Italy (continued)** |  |  |
| Intesa Sanpaolo SpA | 508240 | $&nbsp;&nbsp;&nbsp;3364139 |
| Leonardo SpA | &nbsp;&nbsp;14406 | &nbsp;&nbsp;&nbsp;&nbsp;921794 |
| Mediobanca Banca di Credito Finanziario SpA | &nbsp;&nbsp;18112 | &nbsp;&nbsp;&nbsp;&nbsp;367057 |
| Moncler SpA | &nbsp;&nbsp;&nbsp;8302 | &nbsp;&nbsp;&nbsp;&nbsp;488602 |
| Nexi SpA (B) | &nbsp;&nbsp;20345 | &nbsp;&nbsp;&nbsp;&nbsp;115261 |
| Poste Italiane SpA (B) | &nbsp;&nbsp;16613 | &nbsp;&nbsp;&nbsp;&nbsp;394909 |
| Prysmian SpA | &nbsp;&nbsp;10020 | &nbsp;&nbsp;&nbsp;&nbsp;997208 |
| Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp;254822 |
| Snam SpA | &nbsp;&nbsp;70720 | &nbsp;&nbsp;&nbsp;&nbsp;424620 |
| Telecom Italia SpA (A) | 387741 | &nbsp;&nbsp;&nbsp;&nbsp;203154 |
| Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;49344 | &nbsp;&nbsp;&nbsp;&nbsp;500768 |
| UniCredit SpA | &nbsp;&nbsp;49989 | &nbsp;&nbsp;&nbsp;3803926 |
| Unipol Assicurazioni SpA | &nbsp;&nbsp;13849 | &nbsp;&nbsp;&nbsp;&nbsp;297721 |
|  |  | 21700201 |
| **Japan - 13.6%** |  |  |
| Advantest Corp. | &nbsp;&nbsp;27200 | &nbsp;&nbsp;&nbsp;2691242 |
| Aeon Company, Ltd. | &nbsp;&nbsp;79500 | &nbsp;&nbsp;&nbsp;&nbsp;964991 |
| AGC, Inc. | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;238070 |
| Aisin Corp. | &nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;&nbsp;329860 |
| Ajinomoto Company, Inc. | &nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;946084 |
| ANA Holdings, Inc. | &nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;102393 |
| Asahi Group Holdings, Ltd. | &nbsp;&nbsp;51700 | &nbsp;&nbsp;&nbsp;&nbsp;619827 |
| Asahi Kasei Corp. | &nbsp;&nbsp;42800 | &nbsp;&nbsp;&nbsp;&nbsp;336396 |
| Asics Corp. | &nbsp;&nbsp;24900 | &nbsp;&nbsp;&nbsp;&nbsp;651570 |
| Astellas Pharma, Inc. | &nbsp;&nbsp;63300 | &nbsp;&nbsp;&nbsp;&nbsp;689969 |
| Bandai Namco Holdings, Inc. | &nbsp;&nbsp;20997 | &nbsp;&nbsp;&nbsp;&nbsp;698602 |
| Bridgestone Corp. | &nbsp;&nbsp;20100 | &nbsp;&nbsp;&nbsp;&nbsp;928984 |
| Canon, Inc. | &nbsp;&nbsp;33300 | &nbsp;&nbsp;&nbsp;&nbsp;971797 |
| Capcom Company, Ltd. | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;325812 |
| Central Japan Railway Company | &nbsp;&nbsp;27200 | &nbsp;&nbsp;&nbsp;&nbsp;779814 |
| Chubu Electric Power Company, Inc. | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;305536 |
| Chugai Pharmaceutical Company, Ltd. | &nbsp;&nbsp;23800 | &nbsp;&nbsp;&nbsp;1055161 |
| Concordia Financial Group, Ltd. | &nbsp;&nbsp;39100 | &nbsp;&nbsp;&nbsp;&nbsp;299352 |
| Dai Nippon Printing Company, Ltd. | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;238066 |
| Daifuku Company, Ltd. | &nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;374446 |
| Dai-ichi Life Holdings, Inc. | 128700 | &nbsp;&nbsp;&nbsp;1012376 |
| Daiichi Sankyo Company, Ltd. | &nbsp;&nbsp;62000 | &nbsp;&nbsp;&nbsp;1395012 |
| Daikin Industries, Ltd. | &nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;1083464 |
| Daito Trust Construction Company, Ltd. | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;219412 |
| Daiwa House Industry Company, Ltd. | &nbsp;&nbsp;20800 | &nbsp;&nbsp;&nbsp;&nbsp;747032 |
| Daiwa Securities Group, Inc. | &nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;381925 |
| Denso Corp. | &nbsp;&nbsp;67500 | &nbsp;&nbsp;&nbsp;&nbsp;971439 |
| Disco Corp. | &nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;1034683 |
| East Japan Railway Company | &nbsp;&nbsp;34400 | &nbsp;&nbsp;&nbsp;&nbsp;841384 |
| Eisai Company, Ltd. | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;324315 |
| ENEOS Holdings, Inc. | &nbsp;&nbsp;98411 | &nbsp;&nbsp;&nbsp;&nbsp;623257 |
| FANUC Corp. | &nbsp;&nbsp;33400 | &nbsp;&nbsp;&nbsp;&nbsp;959814 |
| Fast Retailing Company, Ltd. | &nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;2065239 |
| Fuji Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;308355 |
| FUJIFILM Holdings Corp. | &nbsp;&nbsp;39900 | &nbsp;&nbsp;&nbsp;&nbsp;992245 |
| Fujikura, Ltd. | &nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp;860789 |
| Fujitsu, Ltd. | &nbsp;&nbsp;62600 | &nbsp;&nbsp;&nbsp;1468491 |
| Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp;247708 |
| Hikari Tsushin, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;167141 |
| Hitachi, Ltd. | 163400 | &nbsp;&nbsp;&nbsp;4328967 |
| Honda Motor Company, Ltd. | 141300 | &nbsp;&nbsp;&nbsp;1458120 |
| Hoya Corp. | &nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;1700724 |
| Hulic Company, Ltd. | &nbsp;&nbsp;15600 | &nbsp;&nbsp;&nbsp;&nbsp;170888 |
| Idemitsu Kosan Company, Ltd. | &nbsp;&nbsp;30730 | &nbsp;&nbsp;&nbsp;&nbsp;210242 |
| IHI Corp. | &nbsp;&nbsp;36400 | &nbsp;&nbsp;&nbsp;&nbsp;677924 |
| Inpex Corp. | &nbsp;&nbsp;30900 | &nbsp;&nbsp;&nbsp;&nbsp;556375 |
| Isuzu Motors, Ltd. | &nbsp;&nbsp;19800 | &nbsp;&nbsp;&nbsp;&nbsp;249547 |
| ITOCHU Corp. | &nbsp;&nbsp;42400 | &nbsp;&nbsp;&nbsp;2412491 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Japan Airlines Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;4700 | $&nbsp;&nbsp;&nbsp;&nbsp;94636 |
| Japan Exchange Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35900 | &nbsp;&nbsp;&nbsp;&nbsp;400894 |
| Japan Post Bank Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;64300 | &nbsp;&nbsp;&nbsp;&nbsp;787348 |
| Japan Post Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;67400 | &nbsp;&nbsp;&nbsp;&nbsp;668965 |
| Japan Post Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;181383 |
| Japan Tobacco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42500 | 1393874 |
| JFE Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19800 | &nbsp;&nbsp;&nbsp;&nbsp;242968 |
| Kajima Corp. | &nbsp;&nbsp;&nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;&nbsp;440087 |
| Kao Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16600 | &nbsp;&nbsp;&nbsp;&nbsp;723445 |
| Kawasaki Heavy Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;356397 |
| Kawasaki Kisen Kaisha, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp;200486 |
| KDDI Corp. | &nbsp;&nbsp;112100 | 1787830 |
| Keyence Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6896 | 2569178 |
| Kikkoman Corp. | &nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp;195623 |
| Kirin Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;27200 | &nbsp;&nbsp;&nbsp;&nbsp;398510 |
| Kobe Bussan Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;151582 |
| Komatsu, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;33900 | 1180981 |
| Konami Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp;519343 |
| Kubota Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;439754 |
| Kyocera Corp. | &nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;604516 |
| Kyowa Kirin Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9473 | &nbsp;&nbsp;&nbsp;&nbsp;148086 |
| Lasertec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;383054 |
| LY Corp. | &nbsp;&nbsp;&nbsp;&nbsp;99300 | &nbsp;&nbsp;&nbsp;&nbsp;318754 |
| M3, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16200 | &nbsp;&nbsp;&nbsp;&nbsp;262251 |
| Makita Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp;281979 |
| Marubeni Corp. | &nbsp;&nbsp;&nbsp;&nbsp;50200 | 1252601 |
| MatsukiyoCocokara & Company | &nbsp;&nbsp;&nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;237496 |
| MEIJI Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;8200 | &nbsp;&nbsp;&nbsp;&nbsp;170030 |
| MINEBEA MITSUMI, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp;234885 |
| Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;46900 | &nbsp;&nbsp;&nbsp;&nbsp;269400 |
| Mitsubishi Corp. | &nbsp;&nbsp;114800 | 2736762 |
| Mitsubishi Electric Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67400 | 1731084 |
| Mitsubishi Estate Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;37900 | &nbsp;&nbsp;&nbsp;&nbsp;871087 |
| Mitsubishi HC Capital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32100 | &nbsp;&nbsp;&nbsp;&nbsp;265168 |
| Mitsubishi Heavy Industries, Ltd. | &nbsp;&nbsp;114300 | 2991127 |
| Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;408800 | 6594504 |
| Mitsui & Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;89200 | 2214943 |
| Mitsui Fudosan Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;94100 | 1024383 |
| Mitsui OSK Lines, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;364314 |
| Mizuho Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;89710 | 3015678 |
| MonotaRO Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;130669 |
| MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45900 | 1039448 |
| Murata Manufacturing Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;59500 | 1129551 |
| NEC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;46200 | 1478820 |
| Nexon Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp;250180 |
| Nidec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;&nbsp;519026 |
| Nintendo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;39400 | 3408858 |
| Nippon Building Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;264205 |
| Nippon Paint Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;33800 | &nbsp;&nbsp;&nbsp;&nbsp;230596 |
| Nippon Sanso Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;230202 |
| Nippon Steel Corp. | &nbsp;&nbsp;173000 | &nbsp;&nbsp;&nbsp;&nbsp;712542 |
| Nippon Yusen KK | &nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;525527 |
| Nissan Motor Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;75800 | &nbsp;&nbsp;&nbsp;&nbsp;184344 |
| Nissin Foods Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;133733 |
| Nitori Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;270694 |
| Nitto Denko Corp. | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;592618 |
| Nomura Holdings, Inc. | &nbsp;&nbsp;105900 | &nbsp;&nbsp;&nbsp;&nbsp;776106 |
| Nomura Research Institute, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;13346 | &nbsp;&nbsp;&nbsp;&nbsp;512380 |
| NTT, Inc. | 1065500 | 1113789 |
| Obayashi Corp. | &nbsp;&nbsp;&nbsp;&nbsp;22500 | &nbsp;&nbsp;&nbsp;&nbsp;369304 |
| Obic Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;407785 |
| Olympus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;40500 | &nbsp;&nbsp;&nbsp;&nbsp;512042 |
| Oracle Corp. Japan | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;153155 |
| Oriental Land Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;38300 | &nbsp;&nbsp;&nbsp;&nbsp;921998 |
| ORIX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;41100 | 1078710 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Osaka Gas Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;13200 | $&nbsp;&nbsp;&nbsp;&nbsp;382320 |
| Otsuka Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp;158644 |
| Otsuka Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;15600 | &nbsp;&nbsp;&nbsp;&nbsp;831959 |
| Pan Pacific International Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67000 | &nbsp;&nbsp;&nbsp;&nbsp;441124 |
| Panasonic Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82100 | &nbsp;&nbsp;&nbsp;&nbsp;891121 |
| Rakuten Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;52800 | &nbsp;&nbsp;&nbsp;&nbsp;342390 |
| Recruit Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;47400 | 2548406 |
| Renesas Electronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;690311 |
| Resona Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;73400 | &nbsp;&nbsp;&nbsp;&nbsp;748482 |
| Ryohin Keikaku Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;358149 |
| Sanrio Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;300416 |
| SBI Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9513 | &nbsp;&nbsp;&nbsp;&nbsp;414172 |
| SCREEN Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;253714 |
| SCSK Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;161639 |
| Secom Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;542973 |
| Sekisui Chemical Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;249463 |
| Sekisui House, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;21400 | &nbsp;&nbsp;&nbsp;&nbsp;486691 |
| Seven & i Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;78500 | 1053345 |
| SG Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp;128084 |
| Shimadzu Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;201740 |
| Shimano, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;301748 |
| Shin-Etsu Chemical Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;60200 | 1971160 |
| Shionogi & Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;26400 | &nbsp;&nbsp;&nbsp;&nbsp;465164 |
| Shiseido Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;238985 |
| SMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;618184 |
| SoftBank Corp. | 1020800 | 1501391 |
| SoftBank Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;34100 | 4302755 |
| Sompo Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;&nbsp;&nbsp;976931 |
| Sony Financial Group, Inc. (A) | &nbsp;&nbsp;219300 | &nbsp;&nbsp;&nbsp;&nbsp;243197 |
| Sony Group Corp. | &nbsp;&nbsp;219300 | 6304152 |
| Subaru Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20800 | &nbsp;&nbsp;&nbsp;&nbsp;423889 |
| Sumitomo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;38900 | 1125493 |
| Sumitomo Electric Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;25800 | &nbsp;&nbsp;&nbsp;&nbsp;734115 |
| Sumitomo Metal Mining Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp;296194 |
| Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;131500 | 3699471 |
| Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp;670455 |
| Sumitomo Realty & Development Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;485203 |
| Suntory Beverage & Food, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;156270 |
| Suzuki Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;55100 | &nbsp;&nbsp;&nbsp;&nbsp;802194 |
| Sysmex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;222522 |
| T&D Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16900 | &nbsp;&nbsp;&nbsp;&nbsp;413099 |
| Taisei Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;398560 |
| Takeda Pharmaceutical Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;56776 | 1667533 |
| TDK Corp. | &nbsp;&nbsp;&nbsp;&nbsp;69300 | 1003520 |
| Terumo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;775336 |
| The Chiba Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;21600 | &nbsp;&nbsp;&nbsp;&nbsp;226421 |
| The Kansai Electric Power Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32900 | &nbsp;&nbsp;&nbsp;&nbsp;470596 |
| TIS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7800 | &nbsp;&nbsp;&nbsp;&nbsp;257284 |
| Toho Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;4067 | &nbsp;&nbsp;&nbsp;&nbsp;261439 |
| Tokio Marine Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65500 | 2772165 |
| Tokyo Electron, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;16000 | 2836271 |
| Tokyo Gas Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp;448039 |
| Tokyo Metro Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;&nbsp;115759 |
| Tokyu Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17900 | &nbsp;&nbsp;&nbsp;&nbsp;218298 |
| TOPPAN Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp;212663 |
| Toray Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50800 | &nbsp;&nbsp;&nbsp;&nbsp;324092 |
| Toyota Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;652317 |
| Toyota Motor Corp. | &nbsp;&nbsp;337900 | 6489863 |
| Toyota Tsusho Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24600 | &nbsp;&nbsp;&nbsp;&nbsp;680985 |
| Trend Micro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;251771 |
| Unicharm Corp. | &nbsp;&nbsp;&nbsp;&nbsp;40500 | &nbsp;&nbsp;&nbsp;&nbsp;262671 |
| West Japan Railway Company | &nbsp;&nbsp;&nbsp;&nbsp;16200 | &nbsp;&nbsp;&nbsp;&nbsp;355232 |
| Yakult Honsha Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;8686 | &nbsp;&nbsp;&nbsp;&nbsp;141640 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Yamaha Motor Company, Ltd. | &nbsp;&nbsp;31500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235849 |
| Yokogawa Electric Corp. | &nbsp;&nbsp;&nbsp;7886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226317 |
| Zensho Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222113 |
| ZOZO, Inc. | &nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132317 |
|  |  | 155445765 |
| **Luxembourg - 0.1%** |  |  |
| ArcelorMittal SA | &nbsp;&nbsp;16521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596012 |
| CVC Capital Partners PLC (B) | &nbsp;&nbsp;&nbsp;7461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130278 |
| Eurofins Scientific SE | &nbsp;&nbsp;&nbsp;4949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360914 |
| Reinet Investments SCA | &nbsp;&nbsp;&nbsp;5229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152846 |
| Tenaris SA | &nbsp;&nbsp;15170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271818 |
| Zabka Group SA (A) | &nbsp;&nbsp;10443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67513 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1579381 |
| **Macau - 0.0%** |  |  |
| Sands China, Ltd. | &nbsp;&nbsp;82400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228964 |
| **Malaysia - 0.4%** |  |  |
| AMMB Holdings BHD | &nbsp;&nbsp;80487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108081 |
| Axiata Group BHD | 101690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64799 |
| CELCOMDIGI BHD | 124000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109045 |
| CIMB Group Holdings BHD | 280228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489655 |
| Gamuda BHD | 168617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222088 |
| Hong Leong Bank BHD | &nbsp;&nbsp;23269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113482 |
| IHH Healthcare BHD | &nbsp;&nbsp;75900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136135 |
| IOI Corp. BHD | &nbsp;&nbsp;81966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76940 |
| Kuala Lumpur Kepong BHD | &nbsp;&nbsp;18132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88785 |
| Malayan Banking BHD | 215514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507416 |
| Maxis BHD | &nbsp;&nbsp;82800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71268 |
| MISC BHD | &nbsp;&nbsp;45780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79441 |
| Mr. D.I.Y Group M BHD (B) | 115950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45242 |
| Nestle Malaysia BHD | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64045 |
| Petronas Chemicals Group BHD | &nbsp;&nbsp;99800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100518 |
| Petronas Dagangan BHD | &nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66521 |
| Petronas Gas BHD | &nbsp;&nbsp;27300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120022 |
| Press Metal Aluminium Holdings BHD | 130600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183479 |
| Public Bank BHD | 510590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526013 |
| QL Resources BHD | &nbsp;&nbsp;52700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54364 |
| RHB Bank BHD | &nbsp;&nbsp;62165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97457 |
| SD Guthrie BHD | &nbsp;&nbsp;70286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87176 |
| Sunway BHD | &nbsp;&nbsp;80500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108160 |
| Telekom Malaysia BHD | &nbsp;&nbsp;43415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73087 |
| Tenaga Nasional BHD | 101250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318286 |
| YTL Corp. BHD | 113900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75404 |
| YTL Power International BHD | &nbsp;&nbsp;84300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84506 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4071415 |
| **Mexico - 0.6%** |  |  |
| Alfa SAB de CV, Class A | 113043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90676 |
| America Movil SAB de CV, Series B | 657032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689554 |
| Arca Continental SAB de CV | &nbsp;&nbsp;17800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186957 |
| Cemex SAB de CV, Series CPO | 540349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485661 |
| Coca-Cola Femsa SAB de CV | &nbsp;&nbsp;18112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150278 |
| Fibra Uno Administracion SA de CV | 101500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150530 |
| Fomento Economico Mexicano SAB de CV | &nbsp;&nbsp;61420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605195 |
| Fresnillo PLC | &nbsp;&nbsp;&nbsp;7889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251649 |
| Gruma SAB de CV, Class B | &nbsp;&nbsp;&nbsp;6020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112090 |
| Grupo Aeroportuario del Centro Norte SAB de CV | &nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126487 |
| Grupo Aeroportuario del Pacifico SAB de CV, B Shares | &nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334439 |
| Grupo Aeroportuario del Sureste SAB de CV, B Shares | &nbsp;&nbsp;&nbsp;6560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211875 |
| Grupo Bimbo SAB de CV, Series A | &nbsp;&nbsp;44984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159809 |
| Grupo Carso SAB de CV, Series A1 | &nbsp;&nbsp;19322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139364 |
| Grupo Comercial Chedraui SA de CV | &nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80277 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Mexico (continued)** |  |  |
| Grupo Financiero Banorte SAB de CV, Series O | &nbsp;&nbsp;91362 | $&nbsp;&nbsp;&nbsp;&nbsp;917586 |
| Grupo Financiero Inbursa SAB de CV, Series O | &nbsp;&nbsp;63138 | &nbsp;&nbsp;&nbsp;&nbsp;174277 |
| Grupo Mexico SAB de CV, Series B | 109666 | &nbsp;&nbsp;&nbsp;&nbsp;954289 |
| Industrias Penoles SAB de CV (A) | &nbsp;&nbsp;&nbsp;6883 | &nbsp;&nbsp;&nbsp;&nbsp;307526 |
| Kimberly-Clark de Mexico SAB de CV, Class A | &nbsp;&nbsp;52378 | &nbsp;&nbsp;&nbsp;&nbsp;110285 |
| Prologis Property Mexico SA de CV | &nbsp;&nbsp;39046 | &nbsp;&nbsp;&nbsp;&nbsp;159907 |
| Promotora y Operadora de Infraestructura SAB de CV | &nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79392 |
| Qualitas Controladora SAB de CV | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63825 |
| Wal-Mart de Mexico SAB de CV | 186588 | &nbsp;&nbsp;&nbsp;&nbsp;576468 |
|  |  | &nbsp;&nbsp;&nbsp;7118396 |
| **Netherlands - 3.2%** |  |  |
| ABN AMRO Bank NV (B) | &nbsp;&nbsp;20808 | &nbsp;&nbsp;&nbsp;&nbsp;667513 |
| Adyen NV (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;1444957 |
| Aegon, Ltd. | &nbsp;&nbsp;46032 | &nbsp;&nbsp;&nbsp;&nbsp;371111 |
| Akzo Nobel NV | &nbsp;&nbsp;&nbsp;6168 | &nbsp;&nbsp;&nbsp;&nbsp;440197 |
| Argenx SE (A) | &nbsp;&nbsp;&nbsp;2177 | &nbsp;&nbsp;&nbsp;1608480 |
| ASM International NV | &nbsp;&nbsp;&nbsp;1671 | &nbsp;&nbsp;&nbsp;1007866 |
| ASML Holding NV | &nbsp;&nbsp;14043 | 13694582 |
| ASR Nederland NV | &nbsp;&nbsp;&nbsp;5748 | &nbsp;&nbsp;&nbsp;&nbsp;391148 |
| BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;2940 | &nbsp;&nbsp;&nbsp;&nbsp;440209 |
| Euronext NV (B) | &nbsp;&nbsp;&nbsp;2829 | &nbsp;&nbsp;&nbsp;&nbsp;423535 |
| EXOR NV | &nbsp;&nbsp;&nbsp;3503 | &nbsp;&nbsp;&nbsp;&nbsp;342859 |
| Ferrovial SE | &nbsp;&nbsp;18210 | &nbsp;&nbsp;&nbsp;1045990 |
| Heineken Holding NV | &nbsp;&nbsp;&nbsp;4565 | &nbsp;&nbsp;&nbsp;&nbsp;313448 |
| Heineken NV | &nbsp;&nbsp;10270 | &nbsp;&nbsp;&nbsp;&nbsp;804236 |
| IMCD NV | &nbsp;&nbsp;&nbsp;2151 | &nbsp;&nbsp;&nbsp;&nbsp;222946 |
| ING Groep NV | 107820 | &nbsp;&nbsp;&nbsp;2826590 |
| JDE Peet's NV | &nbsp;&nbsp;&nbsp;6358 | &nbsp;&nbsp;&nbsp;&nbsp;233261 |
| Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;32723 | &nbsp;&nbsp;&nbsp;1324123 |
| Koninklijke KPN NV | 139041 | &nbsp;&nbsp;&nbsp;&nbsp;667334 |
| Koninklijke Philips NV | &nbsp;&nbsp;27488 | &nbsp;&nbsp;&nbsp;&nbsp;753010 |
| NEPI Rockcastle NV (A) | &nbsp;&nbsp;22555 | &nbsp;&nbsp;&nbsp;&nbsp;180726 |
| NN Group NV | &nbsp;&nbsp;&nbsp;9653 | &nbsp;&nbsp;&nbsp;&nbsp;680708 |
| Prosus NV (A) | &nbsp;&nbsp;46689 | &nbsp;&nbsp;&nbsp;3301622 |
| QIAGEN NV | &nbsp;&nbsp;&nbsp;7706 | &nbsp;&nbsp;&nbsp;&nbsp;343715 |
| Randstad NV | &nbsp;&nbsp;&nbsp;3735 | &nbsp;&nbsp;&nbsp;&nbsp;159258 |
| Stellantis NV | &nbsp;&nbsp;37873 | &nbsp;&nbsp;&nbsp;&nbsp;351522 |
| Stellantis NV (Euronext Paris Exchange) | &nbsp;&nbsp;34423 | &nbsp;&nbsp;&nbsp;&nbsp;320978 |
| Universal Music Group NV | &nbsp;&nbsp;39232 | &nbsp;&nbsp;&nbsp;1133708 |
| Wolters Kluwer NV | &nbsp;&nbsp;&nbsp;8505 | &nbsp;&nbsp;&nbsp;1160934 |
|  |  | 36656566 |
| **New Zealand - 0.2%** |  |  |
| Auckland International Airport, Ltd. | &nbsp;&nbsp;59105 | &nbsp;&nbsp;&nbsp;&nbsp;270170 |
| Contact Energy, Ltd. | &nbsp;&nbsp;28583 | &nbsp;&nbsp;&nbsp;&nbsp;150810 |
| Fisher & Paykel Healthcare Corp., Ltd. | &nbsp;&nbsp;20719 | &nbsp;&nbsp;&nbsp;&nbsp;444993 |
| Infratil, Ltd. | &nbsp;&nbsp;32635 | &nbsp;&nbsp;&nbsp;&nbsp;233902 |
| Meridian Energy, Ltd. | &nbsp;&nbsp;47713 | &nbsp;&nbsp;&nbsp;&nbsp;154040 |
| Xero, Ltd. (A) | &nbsp;&nbsp;&nbsp;5874 | &nbsp;&nbsp;&nbsp;&nbsp;612923 |
|  |  | &nbsp;&nbsp;&nbsp;1866838 |
| **Norway - 0.4%** |  |  |
| Aker BP ASA | &nbsp;&nbsp;10753 | &nbsp;&nbsp;&nbsp;&nbsp;272904 |
| DNB Bank ASA | &nbsp;&nbsp;31611 | &nbsp;&nbsp;&nbsp;&nbsp;861589 |
| Equinor ASA | &nbsp;&nbsp;29876 | &nbsp;&nbsp;&nbsp;&nbsp;728559 |
| Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;6934 | &nbsp;&nbsp;&nbsp;&nbsp;203767 |
| Kongsberg Gruppen ASA | &nbsp;&nbsp;15685 | &nbsp;&nbsp;&nbsp;&nbsp;501251 |
| Mowi ASA | &nbsp;&nbsp;16033 | &nbsp;&nbsp;&nbsp;&nbsp;339188 |
| Norsk Hydro ASA | &nbsp;&nbsp;48185 | &nbsp;&nbsp;&nbsp;&nbsp;327616 |
| Orkla ASA | &nbsp;&nbsp;24150 | &nbsp;&nbsp;&nbsp;&nbsp;252484 |
| Salmar ASA | &nbsp;&nbsp;&nbsp;2325 | &nbsp;&nbsp;&nbsp;&nbsp;124326 |
| Telenor ASA | &nbsp;&nbsp;21695 | &nbsp;&nbsp;&nbsp;&nbsp;359996 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Norway (continued)** |  |  |
| Yara International ASA | &nbsp;&nbsp;&nbsp;5667 | $&nbsp;&nbsp;&nbsp;&nbsp;207718 |
|  |  | 4179398 |
| **Peru - 0.1%** |  |  |
| Cia de Minas Buenaventura SAA, ADR | &nbsp;&nbsp;&nbsp;5764 | &nbsp;&nbsp;&nbsp;&nbsp;140238 |
| Credicorp, Ltd. | &nbsp;&nbsp;&nbsp;2434 | &nbsp;&nbsp;&nbsp;&nbsp;648126 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;788364 |
| **Philippines - 0.1%** |  |  |
| Ayala Corp. | &nbsp;&nbsp;&nbsp;8920 | &nbsp;&nbsp;&nbsp;&nbsp;74016 |
| Ayala Land, Inc. | 253800 | &nbsp;&nbsp;&nbsp;&nbsp;106279 |
| Bank of the Philippine Islands | &nbsp;&nbsp;77991 | &nbsp;&nbsp;&nbsp;&nbsp;154198 |
| BDO Unibank, Inc. | &nbsp;&nbsp;85293 | &nbsp;&nbsp;&nbsp;&nbsp;194860 |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;35820 | &nbsp;&nbsp;&nbsp;&nbsp;290497 |
| Jollibee Foods Corp. | &nbsp;&nbsp;18900 | &nbsp;&nbsp;&nbsp;&nbsp;69410 |
| Manila Electric Company | &nbsp;&nbsp;&nbsp;9930 | &nbsp;&nbsp;&nbsp;&nbsp;90416 |
| Metropolitan Bank & Trust Company | &nbsp;&nbsp;65642 | &nbsp;&nbsp;&nbsp;&nbsp;76723 |
| PLDT, Inc. | &nbsp;&nbsp;&nbsp;2420 | &nbsp;&nbsp;&nbsp;&nbsp;45723 |
| SM Investments Corp. | &nbsp;&nbsp;&nbsp;8302 | &nbsp;&nbsp;&nbsp;&nbsp;104875 |
| SM Prime Holdings, Inc. | 348244 | &nbsp;&nbsp;&nbsp;&nbsp;134388 |
|  |  | 1341385 |
| **Poland - 0.3%** |  |  |
| Allegro.eu SA (A)(B) | &nbsp;&nbsp;22612 | &nbsp;&nbsp;&nbsp;&nbsp;221861 |
| Bank Millennium SA (A) | &nbsp;&nbsp;21629 | &nbsp;&nbsp;&nbsp;&nbsp;86194 |
| Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;6330 | &nbsp;&nbsp;&nbsp;&nbsp;305064 |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp;63787 |
| CCC SA (A) | &nbsp;&nbsp;&nbsp;1923 | &nbsp;&nbsp;&nbsp;&nbsp;96299 |
| CD Projekt SA | &nbsp;&nbsp;&nbsp;2349 | &nbsp;&nbsp;&nbsp;&nbsp;175132 |
| Dino Polska SA (A)(B) | &nbsp;&nbsp;17190 | &nbsp;&nbsp;&nbsp;&nbsp;207202 |
| InPost SA (A) | &nbsp;&nbsp;&nbsp;8484 | &nbsp;&nbsp;&nbsp;&nbsp;104452 |
| KGHM Polska Miedz SA (A) | &nbsp;&nbsp;&nbsp;4931 | &nbsp;&nbsp;&nbsp;&nbsp;217457 |
| LPP SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;204511 |
| mBank SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;508 | &nbsp;&nbsp;&nbsp;&nbsp;126047 |
| ORLEN SA | &nbsp;&nbsp;21026 | &nbsp;&nbsp;&nbsp;&nbsp;500984 |
| PGE Polska Grupa Energetyczna SA (A) | &nbsp;&nbsp;36175 | &nbsp;&nbsp;&nbsp;&nbsp;106956 |
| Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;31391 | &nbsp;&nbsp;&nbsp;&nbsp;609948 |
| Powszechny Zaklad Ubezpieczen SA | &nbsp;&nbsp;21961 | &nbsp;&nbsp;&nbsp;&nbsp;328871 |
| Santander Bank Polska SA | &nbsp;&nbsp;&nbsp;1488 | &nbsp;&nbsp;&nbsp;&nbsp;193480 |
|  |  | 3548245 |
| **Portugal - 0.1%** |  |  |
| Banco Comercial Portugues SA | 296627 | &nbsp;&nbsp;&nbsp;&nbsp;263330 |
| EDP SA | 110532 | &nbsp;&nbsp;&nbsp;&nbsp;524582 |
| Galp Energia SGPS SA | &nbsp;&nbsp;16011 | &nbsp;&nbsp;&nbsp;&nbsp;303405 |
| Jeronimo Martins SGPS SA | &nbsp;&nbsp;&nbsp;9675 | &nbsp;&nbsp;&nbsp;&nbsp;235540 |
|  |  | 1326857 |
| **Russia - 0.0%** |  |  |
| Gazprom PJSC, ADR (A)(D) | &nbsp;&nbsp;&nbsp;3680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Gazprom PJSC, ADR (London Stock Exchange) (A)(D) | 251662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| LUKOIL PJSC, ADR (A)(D) | &nbsp;&nbsp;23756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| MMC Norilsk Nickel PJSC, ADR (A)(D) | &nbsp;&nbsp;39185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Mobile TeleSystems PJSC, ADR (A)(D) | &nbsp;&nbsp;20264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Novatek PJSC, GDR (A)(D) | &nbsp;&nbsp;&nbsp;3057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Rosneft Oil Company PJSC, GDR (A)(D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Rosneft Oil Company PJSC, GDR (London Stock Exchange) (A)(D) | &nbsp;&nbsp;&nbsp;9131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sberbank of Russia PJSC, ADR (A)(D) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sberbank of Russia PJSC, ADR (London Stock Exchange) (A)(D) | &nbsp;&nbsp;34900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Severstal PAO, GDR (A)(D) | &nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Surgutneftegas PJSC, ADR (A)(D) | &nbsp;&nbsp;22274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Russia (continued)** |  |  |
| Surgutneftegas PJSC, ADR (London Stock Exchange) (A)(D) | &nbsp;&nbsp;23070 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Tatneft PJSC, ADR (A)(D) | &nbsp;&nbsp;&nbsp;7986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| VTB Bank PJSC, GDR (A)(D) | &nbsp;&nbsp;50760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Saudi Arabia - 1.0%** |  |  |
| ACWA Power Company (A) | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;308436 |
| Ades Holding Company | &nbsp;&nbsp;11669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50700 |
| Al Rajhi Bank | &nbsp;&nbsp;69890 | &nbsp;&nbsp;&nbsp;1997120 |
| Al Rajhi Company for Co-operative Insurance (A) | &nbsp;&nbsp;&nbsp;1402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45380 |
| Alinma Bank | &nbsp;&nbsp;43373 | &nbsp;&nbsp;&nbsp;&nbsp;309552 |
| Almarai Company JSC | &nbsp;&nbsp;17058 | &nbsp;&nbsp;&nbsp;&nbsp;228823 |
| Arab National Bank | &nbsp;&nbsp;31564 | &nbsp;&nbsp;&nbsp;&nbsp;208072 |
| Arabian Internet & Communications Services Company | &nbsp;&nbsp;&nbsp;&nbsp;812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55753 |
| Bank AlBilad | &nbsp;&nbsp;26130 | &nbsp;&nbsp;&nbsp;&nbsp;200831 |
| Bank Al-Jazira (A) | &nbsp;&nbsp;22318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76312 |
| Banque Saudi Fransi | &nbsp;&nbsp;42947 | &nbsp;&nbsp;&nbsp;&nbsp;204523 |
| Bupa Arabia for Cooperative Insurance Company | &nbsp;&nbsp;&nbsp;2820 | &nbsp;&nbsp;&nbsp;&nbsp;124017 |
| Dallah Healthcare Company | &nbsp;&nbsp;&nbsp;1169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46995 |
| Dar Al Arkan Real Estate Development Company (A) | &nbsp;&nbsp;18814 | &nbsp;&nbsp;&nbsp;&nbsp;100035 |
| Dr Sulaiman Al Habib Medical Services Group Company | &nbsp;&nbsp;&nbsp;2961 | &nbsp;&nbsp;&nbsp;&nbsp;213150 |
| Elm Company | &nbsp;&nbsp;&nbsp;&nbsp;856 | &nbsp;&nbsp;&nbsp;&nbsp;204490 |
| Etihad Etisalat Company | &nbsp;&nbsp;13413 | &nbsp;&nbsp;&nbsp;&nbsp;241772 |
| Jabal Omar Development Company (A) | &nbsp;&nbsp;20618 | &nbsp;&nbsp;&nbsp;&nbsp;106778 |
| Jarir Marketing Company | &nbsp;&nbsp;20900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77768 |
| Makkah Construction & Development Company | &nbsp;&nbsp;&nbsp;3494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83111 |
| Mouwasat Medical Services Company | &nbsp;&nbsp;&nbsp;3348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65811 |
| Nahdi Medical Company | &nbsp;&nbsp;&nbsp;1333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42306 |
| Riyad Bank | &nbsp;&nbsp;53160 | &nbsp;&nbsp;&nbsp;&nbsp;385453 |
| SABIC Agri-Nutrients Company | &nbsp;&nbsp;&nbsp;7973 | &nbsp;&nbsp;&nbsp;&nbsp;253579 |
| Sahara International Petrochemical Company | &nbsp;&nbsp;12775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69530 |
| SAL Saudi Logistics Services | &nbsp;&nbsp;&nbsp;1284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62029 |
| Saudi Arabian Mining Company (A) | &nbsp;&nbsp;47527 | &nbsp;&nbsp;&nbsp;&nbsp;811190 |
| Saudi Arabian Oil Company (B) | 215731 | &nbsp;&nbsp;&nbsp;1416497 |
| Saudi Aramco Base Oil Company | &nbsp;&nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41210 |
| Saudi Awwal Bank | &nbsp;&nbsp;35311 | &nbsp;&nbsp;&nbsp;&nbsp;302143 |
| Saudi Basic Industries Corp. | &nbsp;&nbsp;31563 | &nbsp;&nbsp;&nbsp;&nbsp;518137 |
| Saudi Electricity Company | &nbsp;&nbsp;29505 | &nbsp;&nbsp;&nbsp;&nbsp;119582 |
| Saudi Research & Media Group (A) | &nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59915 |
| Saudi Tadawul Group Holding Company | &nbsp;&nbsp;&nbsp;1623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89116 |
| Saudi Telecom Company | &nbsp;&nbsp;71316 | &nbsp;&nbsp;&nbsp;&nbsp;838614 |
| The Company for Cooperative Insurance | &nbsp;&nbsp;&nbsp;2532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91866 |
| The Saudi Investment Bank | &nbsp;&nbsp;20926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79565 |
| The Saudi National Bank | 104835 | &nbsp;&nbsp;&nbsp;1094786 |
| Yanbu National Petrochemical Company | &nbsp;&nbsp;&nbsp;9666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90082 |
|  |  | 11315029 |
| **Singapore - 1.2%** |  |  |
| BOC Aviation, Ltd. (B) | &nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66116 |
| CapitaLand Ascendas REIT | 128702 | &nbsp;&nbsp;&nbsp;&nbsp;278510 |
| CapitaLand Integrated Commercial Trust | 212140 | &nbsp;&nbsp;&nbsp;&nbsp;376749 |
| CapitaLand Investment, Ltd. | &nbsp;&nbsp;78802 | &nbsp;&nbsp;&nbsp;&nbsp;164574 |
| DBS Group Holdings, Ltd. | &nbsp;&nbsp;75989 | &nbsp;&nbsp;&nbsp;3013555 |
| Genting Singapore, Ltd. | 226200 | &nbsp;&nbsp;&nbsp;&nbsp;128957 |
| Grab Holdings, Ltd., Class A (A) | &nbsp;&nbsp;82400 | &nbsp;&nbsp;&nbsp;&nbsp;496048 |
| Keppel, Ltd. | &nbsp;&nbsp;51969 | &nbsp;&nbsp;&nbsp;&nbsp;359717 |
| Oversea-Chinese Banking Corp., Ltd. | 120702 | &nbsp;&nbsp;&nbsp;1538904 |
| Sea, Ltd., ADR (A) | &nbsp;&nbsp;13600 | &nbsp;&nbsp;&nbsp;2430728 |
| Sembcorp Industries, Ltd. | &nbsp;&nbsp;30200 | &nbsp;&nbsp;&nbsp;&nbsp;141100 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Singapore (continued)** |  |  |
| Singapore Airlines, Ltd. | &nbsp;&nbsp;51250 | $&nbsp;&nbsp;&nbsp;&nbsp;259090 |
| Singapore Exchange, Ltd. | &nbsp;&nbsp;30900 | &nbsp;&nbsp;&nbsp;&nbsp;396675 |
| Singapore Technologies Engineering, Ltd. | &nbsp;&nbsp;56800 | &nbsp;&nbsp;&nbsp;&nbsp;379284 |
| Singapore Telecommunications, Ltd. | 265040 | &nbsp;&nbsp;&nbsp;&nbsp;847351 |
| Trip.com Group, Ltd. | &nbsp;&nbsp;22150 | &nbsp;&nbsp;&nbsp;1679802 |
| United Overseas Bank, Ltd. | &nbsp;&nbsp;45008 | &nbsp;&nbsp;&nbsp;1208710 |
| Wilmar International, Ltd. | &nbsp;&nbsp;72000 | &nbsp;&nbsp;&nbsp;&nbsp;159228 |
|  |  | 13925098 |
| **South Africa - 0.9%** |  |  |
| Absa Group, Ltd. | &nbsp;&nbsp;29798 | &nbsp;&nbsp;&nbsp;&nbsp;312711 |
| Bid Corp., Ltd. | &nbsp;&nbsp;11763 | &nbsp;&nbsp;&nbsp;&nbsp;293893 |
| Capitec Bank Holdings, Ltd. | &nbsp;&nbsp;&nbsp;3067 | &nbsp;&nbsp;&nbsp;&nbsp;618876 |
| Clicks Group, Ltd. | &nbsp;&nbsp;&nbsp;8355 | &nbsp;&nbsp;&nbsp;&nbsp;170400 |
| Discovery, Ltd. | &nbsp;&nbsp;18977 | &nbsp;&nbsp;&nbsp;&nbsp;216733 |
| E Media Holdings, Ltd. | &nbsp;&nbsp;&nbsp;7461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778 |
| FirstRand, Ltd. | 180021 | &nbsp;&nbsp;&nbsp;&nbsp;809408 |
| Gold Fields, Ltd. | &nbsp;&nbsp;32013 | &nbsp;&nbsp;&nbsp;1340556 |
| Harmony Gold Mining Company, Ltd. | &nbsp;&nbsp;20728 | &nbsp;&nbsp;&nbsp;&nbsp;374514 |
| Impala Platinum Holdings, Ltd. | &nbsp;&nbsp;31717 | &nbsp;&nbsp;&nbsp;&nbsp;404480 |
| MTN Group, Ltd. | &nbsp;&nbsp;59164 | &nbsp;&nbsp;&nbsp;&nbsp;497866 |
| Naspers, Ltd., N Shares | &nbsp;&nbsp;&nbsp;5574 | &nbsp;&nbsp;&nbsp;2025433 |
| Nedbank Group, Ltd. | &nbsp;&nbsp;16333 | &nbsp;&nbsp;&nbsp;&nbsp;202154 |
| Old Mutual, Ltd. | 182601 | &nbsp;&nbsp;&nbsp;&nbsp;139211 |
| OUTsurance Group, Ltd. | &nbsp;&nbsp;28715 | &nbsp;&nbsp;&nbsp;&nbsp;119229 |
| Pepkor Holdings, Ltd. (B) | 125200 | &nbsp;&nbsp;&nbsp;&nbsp;176333 |
| Remgro, Ltd. | &nbsp;&nbsp;17781 | &nbsp;&nbsp;&nbsp;&nbsp;172968 |
| Sanlam, Ltd. | &nbsp;&nbsp;65358 | &nbsp;&nbsp;&nbsp;&nbsp;316357 |
| Sasol, Ltd. (A) | &nbsp;&nbsp;19396 | &nbsp;&nbsp;&nbsp;&nbsp;120697 |
| Shoprite Holdings, Ltd. | &nbsp;&nbsp;17628 | &nbsp;&nbsp;&nbsp;&nbsp;280071 |
| Sibanye Stillwater, Ltd. (A) | 101005 | &nbsp;&nbsp;&nbsp;&nbsp;285698 |
| Standard Bank Group, Ltd. | &nbsp;&nbsp;46185 | &nbsp;&nbsp;&nbsp;&nbsp;631860 |
| The Bidvest Group, Ltd. | &nbsp;&nbsp;11986 | &nbsp;&nbsp;&nbsp;&nbsp;147083 |
| Valterra Platinum, Ltd. | &nbsp;&nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp;251061 |
| Valterra Platinum, Ltd. (London Stock Exchange) | &nbsp;&nbsp;&nbsp;4636 | &nbsp;&nbsp;&nbsp;&nbsp;330923 |
| Vodacom Group, Ltd. | &nbsp;&nbsp;21952 | &nbsp;&nbsp;&nbsp;&nbsp;169625 |
|  |  | 10408918 |
| **South Korea - 3.2%** |  |  |
| Alteogen, Inc. (A) | &nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;460753 |
| Amorepacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85112 |
| Celltrion, Inc. | &nbsp;&nbsp;&nbsp;5842 | &nbsp;&nbsp;&nbsp;&nbsp;722813 |
| Coway Company, Ltd. | &nbsp;&nbsp;&nbsp;1819 | &nbsp;&nbsp;&nbsp;&nbsp;127668 |
| DB Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp;156642 |
| Doosan Bobcat, Inc. (A) | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75169 |
| Doosan Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;102193 |
| Doosan Enerbility Company, Ltd. (A) | &nbsp;&nbsp;15989 | &nbsp;&nbsp;&nbsp;&nbsp;714500 |
| Ecopro BM Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;1656 | &nbsp;&nbsp;&nbsp;&nbsp;133637 |
| Ecopro Company, Ltd. | &nbsp;&nbsp;&nbsp;3437 | &nbsp;&nbsp;&nbsp;&nbsp;116476 |
| Hana Financial Group, Inc. | &nbsp;&nbsp;10253 | &nbsp;&nbsp;&nbsp;&nbsp;637480 |
| Hanjin Kal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65906 |
| Hankook Tire & Technology Company, Ltd. | &nbsp;&nbsp;&nbsp;2561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70001 |
| Hanmi Semiconductor Company, Ltd. | &nbsp;&nbsp;&nbsp;1497 | &nbsp;&nbsp;&nbsp;&nbsp;103232 |
| Hanwha Aerospace Company, Ltd. | &nbsp;&nbsp;&nbsp;1221 | &nbsp;&nbsp;&nbsp;&nbsp;965610 |
| Hanwha Ocean Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;4374 | &nbsp;&nbsp;&nbsp;&nbsp;344267 |
| Hanwha Systems Company, Ltd. | &nbsp;&nbsp;&nbsp;2695 | &nbsp;&nbsp;&nbsp;&nbsp;114558 |
| HD Hyundai Company, Ltd. | &nbsp;&nbsp;&nbsp;1555 | &nbsp;&nbsp;&nbsp;&nbsp;172546 |
| HD Hyundai Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;867 | &nbsp;&nbsp;&nbsp;&nbsp;360617 |
| HD Hyundai Heavy Industries Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;768 | &nbsp;&nbsp;&nbsp;&nbsp;282089 |
| HD Korea Shipbuilding & Offshore Engineering Company, Ltd. | &nbsp;&nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp;428687 |
| HLB, Inc. (A) | &nbsp;&nbsp;&nbsp;4042 | &nbsp;&nbsp;&nbsp;&nbsp;108970 |
| HMM Company, Ltd. | &nbsp;&nbsp;&nbsp;9425 | &nbsp;&nbsp;&nbsp;&nbsp;135064 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **South Korea (continued)** |  |  |
| HYBE Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;858 | $&nbsp;&nbsp;&nbsp;&nbsp;162967 |
| Hyosung Heavy Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;191900 |
| Hyundai Glovis Company, Ltd. | &nbsp;&nbsp;&nbsp;1298 | &nbsp;&nbsp;&nbsp;&nbsp;153126 |
| Hyundai Mobis Company, Ltd. | &nbsp;&nbsp;&nbsp;2188 | &nbsp;&nbsp;&nbsp;&nbsp;465508 |
| Hyundai Motor Company | &nbsp;&nbsp;&nbsp;4858 | &nbsp;&nbsp;&nbsp;&nbsp;744748 |
| Hyundai Rotem Company, Ltd. | &nbsp;&nbsp;&nbsp;2681 | &nbsp;&nbsp;&nbsp;&nbsp;419096 |
| Industrial Bank of Korea | &nbsp;&nbsp;&nbsp;9540 | &nbsp;&nbsp;&nbsp;&nbsp;132367 |
| Kakao Corp. | &nbsp;&nbsp;10776 | &nbsp;&nbsp;&nbsp;&nbsp;458830 |
| KakaoBank Corp. | &nbsp;&nbsp;&nbsp;5704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96616 |
| KB Financial Group, Inc. | &nbsp;&nbsp;13290 | &nbsp;&nbsp;&nbsp;1096901 |
| Kia Corp. | &nbsp;&nbsp;&nbsp;8406 | &nbsp;&nbsp;&nbsp;&nbsp;603356 |
| Korea Aerospace Industries, Ltd. | &nbsp;&nbsp;&nbsp;2519 | &nbsp;&nbsp;&nbsp;&nbsp;194502 |
| Korea Electric Power Corp. | &nbsp;&nbsp;&nbsp;7018 | &nbsp;&nbsp;&nbsp;&nbsp;181070 |
| Korea Electric Power Corp., ADR | &nbsp;&nbsp;&nbsp;4277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55815 |
| Korea Investment Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;1446 | &nbsp;&nbsp;&nbsp;&nbsp;149550 |
| Korea Zinc Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp;119511 |
| Korean Air Lines Company, Ltd. | &nbsp;&nbsp;&nbsp;6728 | &nbsp;&nbsp;&nbsp;&nbsp;109085 |
| Krafton, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;207133 |
| KT&G Corp. | &nbsp;&nbsp;&nbsp;3672 | &nbsp;&nbsp;&nbsp;&nbsp;349788 |
| LG Chem, Ltd. | &nbsp;&nbsp;&nbsp;1733 | &nbsp;&nbsp;&nbsp;&nbsp;344033 |
| LG Corp. | &nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp;166990 |
| LG Display Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;9494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97475 |
| LG Display Company, Ltd., ADR (A) | &nbsp;&nbsp;&nbsp;2454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12810 |
| LG Electronics, Inc. | &nbsp;&nbsp;&nbsp;3973 | &nbsp;&nbsp;&nbsp;&nbsp;214308 |
| LG Energy Solution, Ltd. (A) | &nbsp;&nbsp;&nbsp;1620 | &nbsp;&nbsp;&nbsp;&nbsp;401981 |
| LG H&H Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73067 |
| LG Uplus Corp. | &nbsp;&nbsp;&nbsp;9062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99120 |
| LIG Nex1 Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;172969 |
| LS Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;106991 |
| Meritz Financial Group, Inc. | &nbsp;&nbsp;&nbsp;3559 | &nbsp;&nbsp;&nbsp;&nbsp;288695 |
| Mirae Asset Securities Company, Ltd. | &nbsp;&nbsp;&nbsp;7084 | &nbsp;&nbsp;&nbsp;&nbsp;108183 |
| NAVER Corp. | &nbsp;&nbsp;&nbsp;5085 | &nbsp;&nbsp;&nbsp;&nbsp;975744 |
| NH Investment & Securities Company, Ltd. | &nbsp;&nbsp;&nbsp;5165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71523 |
| Orion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60620 |
| POSCO Future M Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;1184 | &nbsp;&nbsp;&nbsp;&nbsp;121272 |
| POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;2532 | &nbsp;&nbsp;&nbsp;&nbsp;497666 |
| Posco International Corp. | &nbsp;&nbsp;&nbsp;1782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61596 |
| Samsung Biologics Company, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;634 | &nbsp;&nbsp;&nbsp;&nbsp;451819 |
| Samsung C&T Corp. | &nbsp;&nbsp;&nbsp;3239 | &nbsp;&nbsp;&nbsp;&nbsp;426534 |
| Samsung Electro-Mechanics Company, Ltd. | &nbsp;&nbsp;&nbsp;1973 | &nbsp;&nbsp;&nbsp;&nbsp;272381 |
| Samsung Electronics Company, Ltd. | 168789 | 10118952 |
| Samsung Fire & Marine Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp;349241 |
| Samsung Heavy Industries Company, Ltd. (A) | &nbsp;&nbsp;25103 | &nbsp;&nbsp;&nbsp;&nbsp;392048 |
| Samsung Life Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;2756 | &nbsp;&nbsp;&nbsp;&nbsp;307977 |
| Samsung SDI Company, Ltd. | &nbsp;&nbsp;&nbsp;2173 | &nbsp;&nbsp;&nbsp;&nbsp;318058 |
| Samsung SDS Company, Ltd. | &nbsp;&nbsp;&nbsp;1499 | &nbsp;&nbsp;&nbsp;&nbsp;175499 |
| Samyang Foods Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;148 | &nbsp;&nbsp;&nbsp;&nbsp;161304 |
| Shinhan Financial Group Company, Ltd. | &nbsp;&nbsp;14733 | &nbsp;&nbsp;&nbsp;&nbsp;742808 |
| Shinhan Financial Group Company, Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17630 |
| SK Biopharmaceuticals Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;1071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77715 |
| SK Hynix, Inc. | &nbsp;&nbsp;19469 | &nbsp;&nbsp;&nbsp;4826324 |
| SK Innovation Company, Ltd. | &nbsp;&nbsp;&nbsp;2538 | &nbsp;&nbsp;&nbsp;&nbsp;181936 |
| SK Square Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;3395 | &nbsp;&nbsp;&nbsp;&nbsp;489015 |
| SK Telecom Company, Ltd. | &nbsp;&nbsp;&nbsp;1870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72491 |
| SK, Inc. | &nbsp;&nbsp;&nbsp;1269 | &nbsp;&nbsp;&nbsp;&nbsp;190047 |
| S-Oil Corp. (A) | &nbsp;&nbsp;&nbsp;1876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83340 |
| Woori Financial Group, Inc. | &nbsp;&nbsp;22973 | &nbsp;&nbsp;&nbsp;&nbsp;425440 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **South Korea (continued)** |  |  |
| Yuhan Corp. | &nbsp;&nbsp;&nbsp;1941 | $&nbsp;&nbsp;&nbsp;&nbsp;165448 |
|  |  | 36496909 |
| **Spain - 2.1%** |  |  |
| Acciona SA | &nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp;169392 |
| ACS Actividades de Construccion y Servicios SA | &nbsp;&nbsp;&nbsp;6681 | &nbsp;&nbsp;&nbsp;&nbsp;535538 |
| Aena SME SA (B) | &nbsp;&nbsp;26740 | &nbsp;&nbsp;&nbsp;&nbsp;731055 |
| Amadeus IT Group SA | &nbsp;&nbsp;16064 | &nbsp;&nbsp;&nbsp;1276926 |
| Banco Bilbao Vizcaya Argentaria SA | 205508 | &nbsp;&nbsp;&nbsp;3960075 |
| Banco de Sabadell SA | 191623 | &nbsp;&nbsp;&nbsp;&nbsp;747946 |
| Banco Santander SA | 508307 | &nbsp;&nbsp;&nbsp;5334349 |
| Banco Santander SA (Mexican Stock Exchange) | &nbsp;&nbsp;22856 | &nbsp;&nbsp;&nbsp;&nbsp;249483 |
| Bankinter SA | &nbsp;&nbsp;24039 | &nbsp;&nbsp;&nbsp;&nbsp;380017 |
| CaixaBank SA | 140517 | &nbsp;&nbsp;&nbsp;1484132 |
| Cellnex Telecom SA (A)(B) | &nbsp;&nbsp;18445 | &nbsp;&nbsp;&nbsp;&nbsp;638889 |
| EDP Renovaveis SA | &nbsp;&nbsp;11064 | &nbsp;&nbsp;&nbsp;&nbsp;146228 |
| Endesa SA | &nbsp;&nbsp;11538 | &nbsp;&nbsp;&nbsp;&nbsp;368690 |
| Grifols SA | &nbsp;&nbsp;11763 | &nbsp;&nbsp;&nbsp;&nbsp;171259 |
| Iberdrola SA | 226490 | &nbsp;&nbsp;&nbsp;4287316 |
| Industria de Diseno Textil SA | &nbsp;&nbsp;38897 | &nbsp;&nbsp;&nbsp;2152715 |
| Redeia Corp. SA | &nbsp;&nbsp;14812 | &nbsp;&nbsp;&nbsp;&nbsp;285986 |
| Repsol SA | &nbsp;&nbsp;40430 | &nbsp;&nbsp;&nbsp;&nbsp;718937 |
| Telefonica SA | 139075 | &nbsp;&nbsp;&nbsp;&nbsp;715710 |
|  |  | 24354643 |
| **Sweden - 2.2%** |  |  |
| AddTech AB, B Shares | &nbsp;&nbsp;&nbsp;9107 | &nbsp;&nbsp;&nbsp;&nbsp;296253 |
| Alfa Laval AB | &nbsp;&nbsp;10147 | &nbsp;&nbsp;&nbsp;&nbsp;463365 |
| Assa Abloy AB, B Shares | &nbsp;&nbsp;35740 | &nbsp;&nbsp;&nbsp;1244033 |
| Atlas Copco AB, A Shares | &nbsp;&nbsp;95780 | &nbsp;&nbsp;&nbsp;1624235 |
| Atlas Copco AB, B Shares | &nbsp;&nbsp;55658 | &nbsp;&nbsp;&nbsp;&nbsp;837511 |
| Beijer Ref AB | &nbsp;&nbsp;13260 | &nbsp;&nbsp;&nbsp;&nbsp;207277 |
| Boliden AB (A) | &nbsp;&nbsp;10135 | &nbsp;&nbsp;&nbsp;&nbsp;413694 |
| Epiroc AB, A Shares | &nbsp;&nbsp;23702 | &nbsp;&nbsp;&nbsp;&nbsp;501773 |
| Epiroc AB, B Shares | &nbsp;&nbsp;13906 | &nbsp;&nbsp;&nbsp;&nbsp;263080 |
| EQT AB | &nbsp;&nbsp;13277 | &nbsp;&nbsp;&nbsp;&nbsp;460465 |
| Essity AB, B Shares | &nbsp;&nbsp;21462 | &nbsp;&nbsp;&nbsp;&nbsp;560998 |
| Evolution AB (B) | &nbsp;&nbsp;&nbsp;5948 | &nbsp;&nbsp;&nbsp;&nbsp;489663 |
| Fastighets AB Balder, B Shares (A) | &nbsp;&nbsp;24258 | &nbsp;&nbsp;&nbsp;&nbsp;173821 |
| Hennes & Mauritz AB, B Shares | &nbsp;&nbsp;20222 | &nbsp;&nbsp;&nbsp;&nbsp;378024 |
| Hexagon AB, B Shares | &nbsp;&nbsp;74033 | &nbsp;&nbsp;&nbsp;&nbsp;883447 |
| Holmen AB, B Shares | &nbsp;&nbsp;&nbsp;2519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95707 |
| Industrivarden AB, A Shares | &nbsp;&nbsp;&nbsp;4345 | &nbsp;&nbsp;&nbsp;&nbsp;172616 |
| Industrivarden AB, C Shares | &nbsp;&nbsp;&nbsp;5545 | &nbsp;&nbsp;&nbsp;&nbsp;220101 |
| Indutrade AB | &nbsp;&nbsp;&nbsp;9332 | &nbsp;&nbsp;&nbsp;&nbsp;214706 |
| Investment AB Latour, B Shares | &nbsp;&nbsp;&nbsp;5009 | &nbsp;&nbsp;&nbsp;&nbsp;118936 |
| Investor AB, B Shares | &nbsp;&nbsp;61718 | &nbsp;&nbsp;&nbsp;1932040 |
| L.E. Lundbergforetagen AB, B Shares | &nbsp;&nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;131719 |
| Lifco AB, B Shares | &nbsp;&nbsp;&nbsp;8478 | &nbsp;&nbsp;&nbsp;&nbsp;287062 |
| Nibe Industrier AB, B Shares | &nbsp;&nbsp;51776 | &nbsp;&nbsp;&nbsp;&nbsp;204643 |
| Saab AB, B Shares | &nbsp;&nbsp;11464 | &nbsp;&nbsp;&nbsp;&nbsp;704374 |
| Sagax AB, B Shares | &nbsp;&nbsp;&nbsp;7738 | &nbsp;&nbsp;&nbsp;&nbsp;161659 |
| Sandvik AB | &nbsp;&nbsp;38020 | &nbsp;&nbsp;&nbsp;1062103 |
| Securitas AB, B Shares | &nbsp;&nbsp;17323 | &nbsp;&nbsp;&nbsp;&nbsp;261111 |
| Skandinaviska Enskilda Banken AB, A Shares | &nbsp;&nbsp;55895 | &nbsp;&nbsp;&nbsp;1095964 |
| Skanska AB, B Shares | &nbsp;&nbsp;12135 | &nbsp;&nbsp;&nbsp;&nbsp;314975 |
| SKF AB, B Shares | &nbsp;&nbsp;12164 | &nbsp;&nbsp;&nbsp;&nbsp;302533 |
| Spotify Technology SA (A) | &nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;3839000 |
| Svenska Cellulosa AB SCA, B Shares | &nbsp;&nbsp;20883 | &nbsp;&nbsp;&nbsp;&nbsp;276418 |
| Svenska Handelsbanken AB, A Shares | &nbsp;&nbsp;52019 | &nbsp;&nbsp;&nbsp;&nbsp;678725 |
| Swedbank AB, A Shares | &nbsp;&nbsp;30274 | &nbsp;&nbsp;&nbsp;&nbsp;913842 |
| Swedish Orphan Biovitrum AB (A) | &nbsp;&nbsp;&nbsp;6982 | &nbsp;&nbsp;&nbsp;&nbsp;213427 |
| Tele2 AB, B Shares | &nbsp;&nbsp;18899 | &nbsp;&nbsp;&nbsp;&nbsp;322390 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Sweden (continued)** |  |  |
| Telefonaktiebolaget LM Ericsson, B Shares | &nbsp;&nbsp;98813 | $&nbsp;&nbsp;&nbsp;&nbsp;818765 |
| Telia Company AB | &nbsp;&nbsp;85858 | &nbsp;&nbsp;&nbsp;&nbsp;327545 |
| Trelleborg AB, B Shares | &nbsp;&nbsp;&nbsp;7583 | &nbsp;&nbsp;&nbsp;&nbsp;283515 |
| Volvo AB, B Shares | &nbsp;&nbsp;56642 | &nbsp;&nbsp;&nbsp;1628887 |
|  |  | 25380402 |
| **Switzerland - 6.0%** |  |  |
| ABB, Ltd. | &nbsp;&nbsp;56394 | &nbsp;&nbsp;&nbsp;4080857 |
| Alcon, Inc. | &nbsp;&nbsp;17818 | &nbsp;&nbsp;&nbsp;1340178 |
| Amrize, Ltd. (A) | &nbsp;&nbsp;18585 | &nbsp;&nbsp;&nbsp;&nbsp;908729 |
| Avolta AG (A) | &nbsp;&nbsp;&nbsp;3335 | &nbsp;&nbsp;&nbsp;&nbsp;182103 |
| Baloise Holding AG | &nbsp;&nbsp;&nbsp;1556 | &nbsp;&nbsp;&nbsp;&nbsp;385104 |
| Banque Cantonale Vaudoise | &nbsp;&nbsp;&nbsp;1029 | &nbsp;&nbsp;&nbsp;&nbsp;121934 |
| Barry Callebaut AG | &nbsp;&nbsp;&nbsp;&nbsp;136 | &nbsp;&nbsp;&nbsp;&nbsp;187301 |
| Belimo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp;369149 |
| BKW AG | &nbsp;&nbsp;&nbsp;&nbsp;721 | &nbsp;&nbsp;&nbsp;&nbsp;154639 |
| Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;601883 |
| Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;519815 |
| Cie Financiere Richemont SA, A Shares | &nbsp;&nbsp;19169 | &nbsp;&nbsp;&nbsp;3679802 |
| Coca-Cola HBC AG (A) | &nbsp;&nbsp;&nbsp;7861 | &nbsp;&nbsp;&nbsp;&nbsp;370871 |
| DSM-Firmenich AG | &nbsp;&nbsp;&nbsp;6631 | &nbsp;&nbsp;&nbsp;&nbsp;565747 |
| EMS-Chemie Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp;171223 |
| Galderma Group AG | &nbsp;&nbsp;&nbsp;1667 | &nbsp;&nbsp;&nbsp;&nbsp;294726 |
| Galderma Group AG (SIX Swiss Exchange) | &nbsp;&nbsp;&nbsp;3002 | &nbsp;&nbsp;&nbsp;&nbsp;530754 |
| Geberit AG | &nbsp;&nbsp;&nbsp;1194 | &nbsp;&nbsp;&nbsp;&nbsp;901710 |
| Givaudan SA | &nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;1342004 |
| Glencore PLC (A) | 367527 | &nbsp;&nbsp;&nbsp;1692692 |
| Helvetia Holding AG | &nbsp;&nbsp;&nbsp;1353 | &nbsp;&nbsp;&nbsp;&nbsp;332487 |
| Holcim, Ltd. (A) | &nbsp;&nbsp;18585 | &nbsp;&nbsp;&nbsp;1585756 |
| Julius Baer Group, Ltd. | &nbsp;&nbsp;&nbsp;7301 | &nbsp;&nbsp;&nbsp;&nbsp;508386 |
| Kuehne + Nagel International AG | &nbsp;&nbsp;&nbsp;1701 | &nbsp;&nbsp;&nbsp;&nbsp;318321 |
| Logitech International SA | &nbsp;&nbsp;&nbsp;5338 | &nbsp;&nbsp;&nbsp;&nbsp;587171 |
| Lonza Group AG | &nbsp;&nbsp;&nbsp;2563 | &nbsp;&nbsp;&nbsp;1713720 |
| Nestle SA | &nbsp;&nbsp;91940 | &nbsp;&nbsp;&nbsp;8443332 |
| Novartis AG | &nbsp;&nbsp;67841 | &nbsp;&nbsp;&nbsp;8722882 |
| Partners Group Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;1058504 |
| Roche Holding AG | &nbsp;&nbsp;25052 | &nbsp;&nbsp;&nbsp;8341902 |
| Roche Holding AG, Bearer Shares | &nbsp;&nbsp;&nbsp;1158 | &nbsp;&nbsp;&nbsp;&nbsp;400656 |
| Sandoz Group AG | &nbsp;&nbsp;14915 | &nbsp;&nbsp;&nbsp;&nbsp;889570 |
| Schindler Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;806 | &nbsp;&nbsp;&nbsp;&nbsp;291650 |
| Schindler Holding AG, Participation Certificates | &nbsp;&nbsp;&nbsp;1428 | &nbsp;&nbsp;&nbsp;&nbsp;543035 |
| SGS SA | &nbsp;&nbsp;&nbsp;5744 | &nbsp;&nbsp;&nbsp;&nbsp;596915 |
| SIG Group AG (A) | &nbsp;&nbsp;10451 | &nbsp;&nbsp;&nbsp;&nbsp;108385 |
| Sika AG | &nbsp;&nbsp;&nbsp;5436 | &nbsp;&nbsp;&nbsp;1220701 |
| Sonova Holding AG | &nbsp;&nbsp;&nbsp;1821 | &nbsp;&nbsp;&nbsp;&nbsp;499511 |
| STMicroelectronics NV | &nbsp;&nbsp;23723 | &nbsp;&nbsp;&nbsp;&nbsp;670531 |
| Straumann Holding AG | &nbsp;&nbsp;&nbsp;3915 | &nbsp;&nbsp;&nbsp;&nbsp;419710 |
| Swiss Life Holding AG | &nbsp;&nbsp;&nbsp;1024 | &nbsp;&nbsp;&nbsp;1105522 |
| Swiss Prime Site AG | &nbsp;&nbsp;&nbsp;2861 | &nbsp;&nbsp;&nbsp;&nbsp;400794 |
| Swiss Re AG | &nbsp;&nbsp;10755 | &nbsp;&nbsp;&nbsp;1997493 |
| Swisscom AG | &nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;659980 |
| The Swatch Group AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;186352 |
| UBS Group AG | 113278 | &nbsp;&nbsp;&nbsp;4657260 |
| VAT Group AG (B) | &nbsp;&nbsp;&nbsp;&nbsp;947 | &nbsp;&nbsp;&nbsp;&nbsp;378011 |
| Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;5219 | &nbsp;&nbsp;&nbsp;3730452 |
|  |  | 68770210 |
| **Taiwan - 5.9%** |  |  |
| Accton Technology Corp. | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;622462 |
| Acer, Inc. | &nbsp;&nbsp;99018 | &nbsp;&nbsp;&nbsp;&nbsp;100860 |
| Advantech Company, Ltd. | &nbsp;&nbsp;16623 | &nbsp;&nbsp;&nbsp;&nbsp;174958 |
| Airtac International Group | &nbsp;&nbsp;&nbsp;5185 | &nbsp;&nbsp;&nbsp;&nbsp;128785 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Taiwan (continued)** |  |  |
| Alchip Technologies, Ltd. | &nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;344625 |
| ASE Technology Holding Company, Ltd. | 118338 | &nbsp;&nbsp;&nbsp;&nbsp;646170 |
| Asia Cement Corp. | &nbsp;&nbsp;79863 | &nbsp;&nbsp;&nbsp;&nbsp;100144 |
| Asia Vital Components Company, Ltd. | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;390320 |
| Asustek Computer, Inc. | &nbsp;&nbsp;24952 | &nbsp;&nbsp;&nbsp;&nbsp;551246 |
| AUO Corp. (A) | 219061 | &nbsp;&nbsp;&nbsp;&nbsp;98527 |
| Caliway Biopharmaceuticals Company, Ltd., Class C (A) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;211429 |
| Catcher Technology Company, Ltd. | &nbsp;&nbsp;21184 | &nbsp;&nbsp;&nbsp;&nbsp;127108 |
| Cathay Financial Holding Company, Ltd. | 334373 | &nbsp;&nbsp;&nbsp;&nbsp;722295 |
| Chailease Holding Company, Ltd. | &nbsp;&nbsp;56065 | &nbsp;&nbsp;&nbsp;&nbsp;205470 |
| Chang Hwa Commercial Bank, Ltd. | 245543 | &nbsp;&nbsp;&nbsp;&nbsp;158540 |
| Cheng Shin Rubber Industry Company, Ltd. | &nbsp;&nbsp;66680 | &nbsp;&nbsp;&nbsp;&nbsp;82511 |
| China Airlines, Ltd. | &nbsp;&nbsp;94000 | &nbsp;&nbsp;&nbsp;&nbsp;64530 |
| China Steel Corp. | 408388 | &nbsp;&nbsp;&nbsp;&nbsp;260591 |
| Chunghwa Telecom Company, Ltd. | 135148 | &nbsp;&nbsp;&nbsp;&nbsp;591603 |
| Compal Electronics, Inc. | 139764 | &nbsp;&nbsp;&nbsp;&nbsp;149313 |
| CTBC Financial Holding Company, Ltd. | 595465 | &nbsp;&nbsp;&nbsp;&nbsp;839796 |
| Delta Electronics, Inc. | &nbsp;&nbsp;69866 | 1968132 |
| E Ink Holdings, Inc. | &nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;246291 |
| E.Sun Financial Holding Company, Ltd. | 518135 | &nbsp;&nbsp;&nbsp;&nbsp;567810 |
| Eclat Textile Company, Ltd. | &nbsp;&nbsp;&nbsp;6259 | &nbsp;&nbsp;&nbsp;&nbsp;90475 |
| Elite Material Company, Ltd. | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;404712 |
| eMemory Technology, Inc. | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;133068 |
| Eva Airways Corp. | &nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp;116638 |
| Evergreen Marine Corp. Taiwan, Ltd. | &nbsp;&nbsp;39826 | &nbsp;&nbsp;&nbsp;&nbsp;234564 |
| Far Eastern New Century Corp. | &nbsp;&nbsp;99875 | &nbsp;&nbsp;&nbsp;&nbsp;91209 |
| Far EasTone Telecommunications Company, Ltd. | &nbsp;&nbsp;61159 | &nbsp;&nbsp;&nbsp;&nbsp;177628 |
| Feng TAY Enterprise Company, Ltd. | &nbsp;&nbsp;19262 | &nbsp;&nbsp;&nbsp;&nbsp;78049 |
| First Financial Holding Company, Ltd. | 398590 | &nbsp;&nbsp;&nbsp;&nbsp;391055 |
| Formosa Chemicals & Fibre Corp. | 121212 | &nbsp;&nbsp;&nbsp;&nbsp;118694 |
| Formosa Plastics Corp. | 154086 | &nbsp;&nbsp;&nbsp;&nbsp;195331 |
| Fortune Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;4840 | &nbsp;&nbsp;&nbsp;&nbsp;92807 |
| Fubon Financial Holding Company, Ltd. | 295857 | &nbsp;&nbsp;&nbsp;&nbsp;859033 |
| Gigabyte Technology Company, Ltd. | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;197328 |
| Global Unichip Corp. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;132891 |
| Globalwafers Company, Ltd. | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;138562 |
| Hon Hai Precision Industry Company, Ltd. | 445368 | 3179990 |
| Hotai Motor Company, Ltd. | &nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp;218649 |
| Hua Nan Financial Holdings Company, Ltd. | 313400 | &nbsp;&nbsp;&nbsp;&nbsp;304710 |
| Innolux Corp. | 261495 | &nbsp;&nbsp;&nbsp;&nbsp;124018 |
| International Games System Company, Ltd. | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;233036 |
| Inventec Corp. | &nbsp;&nbsp;89899 | &nbsp;&nbsp;&nbsp;&nbsp;135638 |
| Jentech Precision Industrial Company, Ltd. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;239318 |
| KGI Financial Holding Company, Ltd. | 558664 | &nbsp;&nbsp;&nbsp;&nbsp;275099 |
| King Slide Works Company, Ltd. | &nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp;173781 |
| Largan Precision Company, Ltd. | &nbsp;&nbsp;&nbsp;4143 | &nbsp;&nbsp;&nbsp;&nbsp;320607 |
| Lite-On Technology Corp. | &nbsp;&nbsp;77626 | &nbsp;&nbsp;&nbsp;&nbsp;441295 |
| Lotes Company, Ltd. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;153348 |
| MediaTek, Inc. | &nbsp;&nbsp;54340 | 2356710 |
| Mega Financial Holding Company, Ltd. | 422973 | &nbsp;&nbsp;&nbsp;&nbsp;589773 |
| Micro-Star International Company, Ltd. | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;95555 |
| Nan Ya Plastics Corp. | 190992 | &nbsp;&nbsp;&nbsp;&nbsp;247932 |
| Nien Made Enterprise Company, Ltd. | &nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;83876 |
| Novatek Microelectronics Corp. | &nbsp;&nbsp;20361 | &nbsp;&nbsp;&nbsp;&nbsp;285848 |
| Pegatron Corp. | &nbsp;&nbsp;69989 | &nbsp;&nbsp;&nbsp;&nbsp;163015 |
| PharmaEssentia Corp. | &nbsp;&nbsp;&nbsp;9987 | &nbsp;&nbsp;&nbsp;&nbsp;169259 |
| President Chain Store Corp. | &nbsp;&nbsp;19496 | &nbsp;&nbsp;&nbsp;&nbsp;158774 |
| Quanta Computer, Inc. | &nbsp;&nbsp;96771 | &nbsp;&nbsp;&nbsp;&nbsp;926983 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Taiwan (continued)** |  |  |
| Realtek Semiconductor Corp. | &nbsp;&nbsp;16999 | $&nbsp;&nbsp;&nbsp;&nbsp;307742 |
| SinoPac Financial Holdings Company, Ltd. | 407657 | &nbsp;&nbsp;&nbsp;&nbsp;335007 |
| Synnex Technology International Corp. | &nbsp;&nbsp;41928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87120 |
| Taiwan Business Bank | 249314 | &nbsp;&nbsp;&nbsp;&nbsp;129058 |
| Taiwan Cooperative Financial Holding Company, Ltd. | 377658 | &nbsp;&nbsp;&nbsp;&nbsp;305480 |
| Taiwan High Speed Rail Corp. | &nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60925 |
| Taiwan Mobile Company, Ltd. | &nbsp;&nbsp;63257 | &nbsp;&nbsp;&nbsp;&nbsp;226450 |
| Taiwan Semiconductor Manufacturing Company, Ltd. | 878227 | 38148261 |
| TCC Group Holdings Company, Ltd. | 232594 | &nbsp;&nbsp;&nbsp;&nbsp;183492 |
| The Shanghai Commercial & Savings Bank, Ltd. | 133142 | &nbsp;&nbsp;&nbsp;&nbsp;183785 |
| TS Financial Holding Company, Ltd | 775662 | &nbsp;&nbsp;&nbsp;&nbsp;458800 |
| Unimicron Technology Corp. | &nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;235540 |
| Uni-President Enterprises Corp. | 172487 | &nbsp;&nbsp;&nbsp;&nbsp;444719 |
| United Microelectronics Corp. | 397313 | &nbsp;&nbsp;&nbsp;&nbsp;597692 |
| Vanguard International Semiconductor Corp. | &nbsp;&nbsp;33837 | &nbsp;&nbsp;&nbsp;&nbsp;113894 |
| Voltronic Power Technology Corp. | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91611 |
| Wan Hai Lines, Ltd. | &nbsp;&nbsp;22770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55651 |
| Wistron Corp. | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;464647 |
| Wiwynn Corp. | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;438285 |
| WPG Holdings, Ltd. | &nbsp;&nbsp;54840 | &nbsp;&nbsp;&nbsp;&nbsp;119288 |
| Yageo Corp. | &nbsp;&nbsp;57420 | &nbsp;&nbsp;&nbsp;&nbsp;322000 |
| Yang Ming Marine Transport Corp. | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;104652 |
| Yuanta Financial Holding Company, Ltd. | 369390 | &nbsp;&nbsp;&nbsp;&nbsp;423164 |
| Zhen Ding Technology Holding, Ltd. | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp;125780 |
|  |  | 67645817 |
| **Thailand - 0.3%** |  |  |
| Advanced Info Service PCL | &nbsp;&nbsp;40400 | &nbsp;&nbsp;&nbsp;&nbsp;362923 |
| Advanced Info Service PCL, NVDR | &nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24255 |
| Airports of Thailand PCL | 144700 | &nbsp;&nbsp;&nbsp;&nbsp;180982 |
| Airports of Thailand PCL, NVDR | &nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7880 |
| Bangkok Dusit Medical Services PCL, NVDR | 387300 | &nbsp;&nbsp;&nbsp;&nbsp;244679 |
| Bumrungrad Hospital PCL, NVDR | &nbsp;&nbsp;20500 | &nbsp;&nbsp;&nbsp;&nbsp;110860 |
| Central Pattana PCL, NVDR | &nbsp;&nbsp;71100 | &nbsp;&nbsp;&nbsp;&nbsp;122965 |
| Charoen Pokphand Foods PCL | 136200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93709 |
| CP ALL PCL | 184600 | &nbsp;&nbsp;&nbsp;&nbsp;269064 |
| CP ALL PCL, NVDR | &nbsp;&nbsp;20200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29443 |
| CP AXTRA PCL, NVDR | &nbsp;&nbsp;70567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48999 |
| Delta Electronics Thailand PCL, NVDR | 113300 | &nbsp;&nbsp;&nbsp;&nbsp;556153 |
| Gulf Development PCL, NVDR (A) | 159767 | &nbsp;&nbsp;&nbsp;&nbsp;214918 |
| Kasikornbank PCL, NVDR | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;103447 |
| Krung Thai Bank PCL | 113775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87049 |
| Minor International PCL, NVDR | 131483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93511 |
| PTT Exploration & Production PCL | &nbsp;&nbsp;47147 | &nbsp;&nbsp;&nbsp;&nbsp;167884 |
| PTT PCL | 329000 | &nbsp;&nbsp;&nbsp;&nbsp;337593 |
| PTT PCL, NVDR | &nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23703 |
| SCB X PCL | &nbsp;&nbsp;23348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92629 |
| SCB X PCL, NVDR | &nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24597 |
| The Siam Cement PCL | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85168 |
| The Siam Cement PCL, NVDR | &nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp;101492 |
| TMBThanachart Bank PCL, NVDR | 829800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48612 |
| True Corp. PCL (A) | 269362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86486 |
| True Corp. PCL, NVDR (A) | &nbsp;&nbsp;90400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29026 |
|  |  | &nbsp;&nbsp;&nbsp;3548027 |
| **Turkey - 0.1%** |  |  |
| Akbank TAS | 109420 | &nbsp;&nbsp;&nbsp;&nbsp;165353 |
| Aselsan Elektronik Sanayi Ve Ticaret AS | &nbsp;&nbsp;46762 | &nbsp;&nbsp;&nbsp;&nbsp;242307 |
| BIM Birlesik Magazalar AS | &nbsp;&nbsp;16428 | &nbsp;&nbsp;&nbsp;&nbsp;213942 |
| Eregli Demir ve Celik Fabrikalari TAS | 139344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98626 |
| Ford Otomotiv Sanayi AS | &nbsp;&nbsp;23900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56990 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Turkey (continued)** |  |  |
| Haci Omer Sabanci Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;41192 | $&nbsp;&nbsp;&nbsp;&nbsp;86152 |
| KOC Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;26797 | &nbsp;&nbsp;&nbsp;&nbsp;111639 |
| Turk Hava Yollari AO | &nbsp;&nbsp;&nbsp;&nbsp;18859 | &nbsp;&nbsp;&nbsp;&nbsp;143011 |
| Turkcell Iletisim Hizmetleri AS | &nbsp;&nbsp;&nbsp;&nbsp;42620 | &nbsp;&nbsp;&nbsp;&nbsp;100442 |
| Turkiye Is Bankasi AS, Class C | &nbsp;&nbsp;336501 | &nbsp;&nbsp;&nbsp;&nbsp;114783 |
| Turkiye Petrol Rafinerileri AS | &nbsp;&nbsp;&nbsp;&nbsp;34986 | &nbsp;&nbsp;&nbsp;&nbsp;157131 |
| Yapi ve Kredi Bankasi AS (A) | &nbsp;&nbsp;118497 | &nbsp;&nbsp;&nbsp;&nbsp;96941 |
|  |  | 1587317 |
| **United Arab Emirates - 0.0%** |  |  |
| NMC Health PLC (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;4471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **United Kingdom - 8.7%** |  |  |
| 3i Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;34523 | 1903009 |
| Admiral Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;9412 | &nbsp;&nbsp;&nbsp;&nbsp;424794 |
| Anglo American PLC | &nbsp;&nbsp;&nbsp;&nbsp;39906 | 1504748 |
| AngloGold Ashanti PLC (Johannesburg Stock Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;17954 | 1253619 |
| Ashtead Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;15404 | 1033013 |
| Associated British Foods PLC | &nbsp;&nbsp;&nbsp;&nbsp;11883 | &nbsp;&nbsp;&nbsp;&nbsp;328343 |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;&nbsp;55292 | 8470789 |
| Auto Trader Group PLC (B) | &nbsp;&nbsp;&nbsp;&nbsp;31085 | &nbsp;&nbsp;&nbsp;&nbsp;330225 |
| Aviva PLC | &nbsp;&nbsp;109085 | 1009122 |
| BAE Systems PLC | &nbsp;&nbsp;107416 | 2990077 |
| Barclays PLC | &nbsp;&nbsp;509300 | 2620511 |
| Barratt Redrow PLC | &nbsp;&nbsp;&nbsp;&nbsp;48297 | &nbsp;&nbsp;&nbsp;&nbsp;254098 |
| BP PLC | &nbsp;&nbsp;568773 | 3265696 |
| British American Tobacco PLC | &nbsp;&nbsp;&nbsp;&nbsp;74386 | 3956389 |
| BT Group PLC | &nbsp;&nbsp;231833 | &nbsp;&nbsp;&nbsp;&nbsp;596436 |
| Bunzl PLC | &nbsp;&nbsp;&nbsp;&nbsp;11855 | &nbsp;&nbsp;&nbsp;&nbsp;374703 |
| Centrica PLC | &nbsp;&nbsp;176008 | &nbsp;&nbsp;&nbsp;&nbsp;395241 |
| Coca-Cola Europacific Partners PLC | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;117533 |
| Coca-Cola Europacific Partners PLC (Euronext Amsterdam Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;6887 | &nbsp;&nbsp;&nbsp;&nbsp;624425 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;60527 | 2063107 |
| Diageo PLC | &nbsp;&nbsp;&nbsp;&nbsp;79349 | 1898636 |
| Entain PLC | &nbsp;&nbsp;&nbsp;&nbsp;21740 | &nbsp;&nbsp;&nbsp;&nbsp;256933 |
| GSK PLC | &nbsp;&nbsp;146209 | 3139394 |
| Haleon PLC | &nbsp;&nbsp;321801 | 1448162 |
| Halma PLC | &nbsp;&nbsp;&nbsp;&nbsp;13659 | &nbsp;&nbsp;&nbsp;&nbsp;635836 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;5587 | &nbsp;&nbsp;&nbsp;&nbsp;128255 |
| HSBC Holdings PLC | &nbsp;&nbsp;622425 | 8784355 |
| Imperial Brands PLC | &nbsp;&nbsp;&nbsp;&nbsp;28222 | 1198910 |
| Informa PLC | &nbsp;&nbsp;&nbsp;&nbsp;47912 | &nbsp;&nbsp;&nbsp;&nbsp;593452 |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;5589 | &nbsp;&nbsp;&nbsp;&nbsp;675768 |
| International Consolidated Airlines Group SA | &nbsp;&nbsp;&nbsp;&nbsp;44318 | &nbsp;&nbsp;&nbsp;&nbsp;231936 |
| Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;5855 | &nbsp;&nbsp;&nbsp;&nbsp;372693 |
| J Sainsbury PLC | &nbsp;&nbsp;&nbsp;&nbsp;64488 | &nbsp;&nbsp;&nbsp;&nbsp;289952 |
| JD Sports Fashion PLC | &nbsp;&nbsp;&nbsp;&nbsp;87670 | &nbsp;&nbsp;&nbsp;&nbsp;112862 |
| Kingfisher PLC | &nbsp;&nbsp;&nbsp;&nbsp;65606 | &nbsp;&nbsp;&nbsp;&nbsp;273299 |
| Land Securities Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;25882 | &nbsp;&nbsp;&nbsp;&nbsp;203001 |
| Legal & General Group PLC | &nbsp;&nbsp;209707 | &nbsp;&nbsp;&nbsp;&nbsp;673561 |
| Lloyds Banking Group PLC | 2149473 | 2432309 |
| London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;16943 | 1943075 |
| M&G PLC | &nbsp;&nbsp;&nbsp;&nbsp;84096 | &nbsp;&nbsp;&nbsp;&nbsp;286793 |
| Marks & Spencer Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;71983 | &nbsp;&nbsp;&nbsp;&nbsp;353158 |
| Melrose Industries PLC | &nbsp;&nbsp;&nbsp;&nbsp;45639 | &nbsp;&nbsp;&nbsp;&nbsp;375740 |
| Metlen Energy & Metals PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;3775 | &nbsp;&nbsp;&nbsp;&nbsp;211409 |
| Mondi PLC | &nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp;174284 |
| Mondi PLC (Johannesburg Stock Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;3761 | &nbsp;&nbsp;&nbsp;&nbsp;51366 |
| National Grid PLC | &nbsp;&nbsp;174622 | 2509084 |
| NatWest Group PLC | &nbsp;&nbsp;288047 | 2034577 |
| Next PLC | &nbsp;&nbsp;&nbsp;&nbsp;4249 | &nbsp;&nbsp;&nbsp;&nbsp;708324 |
| Pearson PLC | &nbsp;&nbsp;&nbsp;&nbsp;21043 | &nbsp;&nbsp;&nbsp;&nbsp;299254 |
| Phoenix Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;25040 | &nbsp;&nbsp;&nbsp;&nbsp;217273 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United Kingdom (continued)** |  |  |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;24260 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1868067 |
| RELX PLC | &nbsp;&nbsp;22799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1092758 |
| RELX PLC (Euronext Amsterdam Exchange) | &nbsp;&nbsp;43007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2054823 |
| Rentokil Initial PLC | &nbsp;&nbsp;88467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448151 |
| Rio Tinto PLC | &nbsp;&nbsp;40243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2652110 |
| Rolls-Royce Holdings PLC | 302303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4859292 |
| Schroders PLC | &nbsp;&nbsp;29188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148115 |
| Segro PLC | &nbsp;&nbsp;46436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410310 |
| Severn Trent PLC | &nbsp;&nbsp;&nbsp;9413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328199 |
| Shell PLC | 210272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494303 |
| Smith & Nephew PLC | &nbsp;&nbsp;30660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556091 |
| Smiths Group PLC | &nbsp;&nbsp;12075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382840 |
| Spirax Group PLC | &nbsp;&nbsp;&nbsp;2735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251849 |
| SSE PLC | &nbsp;&nbsp;40139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941488 |
| Standard Chartered PLC | &nbsp;&nbsp;73749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431287 |
| Tesco PLC | 239923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438023 |
| The Sage Group PLC | &nbsp;&nbsp;35769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530615 |
| Unilever PLC | &nbsp;&nbsp;87488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5171292 |
| United Utilities Group PLC | &nbsp;&nbsp;24018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371047 |
| Vodafone Group PLC | 764658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889222 |
| Whitbread PLC | &nbsp;&nbsp;&nbsp;6683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289950 |
| Wise PLC, Class A (A) | &nbsp;&nbsp;23957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333968 |
| WPP PLC | &nbsp;&nbsp;37695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187899 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;100161228 |
| **United States - 0.3%** |  |  |
| BeOne Medicines, Ltd., H Shares (A) | &nbsp;&nbsp;29400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784486 |
| Brookfield Asset Management, Ltd., Class A | &nbsp;&nbsp;14568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829048 |
| Brookfield Renewable Corp. | &nbsp;&nbsp;&nbsp;5150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177291 |
| Legend Biotech Corp., ADR (A) | &nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81525 |
| RB Global, Inc. | &nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714870 |
| Southern Copper Corp. | &nbsp;&nbsp;&nbsp;3120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378643 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965863 |
| TOTAL COMMON STOCKS (Cost $669,317,876) | TOTAL COMMON STOCKS (Cost $669,317,876) | $1121757692 |
| **PREFERRED SECURITIES - 0.7%** | **PREFERRED SECURITIES - 0.7%** |  |
| **Brazil - 0.3%** |  |  |
| Banco Bradesco SA | 186281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619157 |
| Banco BTG Pactual SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 |
| Centrais Eletricas Brasileiras SA, B Shares | &nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77125 |
| Cia Energetica de Minas Gerais | &nbsp;&nbsp;61322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128468 |
| Companhia Paranaense de Energia, B Shares | &nbsp;&nbsp;38400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92929 |
| Gerdau SA | &nbsp;&nbsp;46536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145232 |
| Itau Unibanco Holding SA | 190087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395406 |
| Itausa SA | 208595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449544 |
| Petroleo Brasileiro SA | 165051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975622 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3883491 |
| **Chile - 0.0%** |  |  |
| Sociedad Quimica y Minera de Chile SA, B Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21149 |
| **Germany - 0.2%** |  |  |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;2090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194678 |
| Dr. Ing. h.c. F. Porsche AG (B) | &nbsp;&nbsp;&nbsp;3890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188600 |
| Henkel AG & Company KGaA | &nbsp;&nbsp;&nbsp;5936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478955 |
| Porsche Automobil Holding SE | &nbsp;&nbsp;&nbsp;5695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224427 |
| Sartorius AG | &nbsp;&nbsp;&nbsp;&nbsp;903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211101 |
| Volkswagen AG | &nbsp;&nbsp;&nbsp;7263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787236 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2084997 |
| **India - 0.0%** |  |  |
| TVS Motor Company, Ltd., 6.000% (A)(D) | &nbsp;&nbsp;32736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3687 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **PREFERRED SECURITIES (continued)** | **PREFERRED SECURITIES (continued)** |  |
| **South Korea - 0.2%** |  |  |
| Hyundai Motor Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92204 |
| Hyundai Motor Company, 2nd Preferred Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142135 |
| Samsung Electronics Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;28859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1369677 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604016 |
| TOTAL PREFERRED SECURITIES (Cost $7,505,762) | TOTAL PREFERRED SECURITIES (Cost $7,505,762) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7597340 |
| **RIGHTS - 0.0%** |  |  |
| Orsted A/S (Expiration Date: 10-2-25; Strike Price: DKK 66.60) (A) | &nbsp;&nbsp;&nbsp;&nbsp;88515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88125 |
| Sofina SA (Expiration Date: 10-3-25; Strike Price: EUR 223.00) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198 |
| TOTAL RIGHTS (Cost $176,485) | TOTAL RIGHTS (Cost $176,485) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89323 |
| **WARRANTS - 0.0%** |  |  |
| Constellation Software, Inc. (Expiration Date: 3-31-40) (A)(D)(F) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| YTL Corp. BHD (Expiration Date: 6-2-28; Strike Price: MYR 1.50) (A) | &nbsp;&nbsp;&nbsp;&nbsp;22780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6928 |
| YTL Power International BHD (Expiration Date: 6-2-28; Strike Price: MYR 2.45) (A) | &nbsp;&nbsp;&nbsp;&nbsp;16860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7051 |
| TOTAL WARRANTS (Cost $0) | TOTAL WARRANTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13979 |
| **SHORT-TERM INVESTMENTS - 1.2%** | **SHORT-TERM INVESTMENTS - 1.2%** |  |
| **Short-term funds - 1.2%** |  |  |
| John Hancock Collateral Trust, 4.0668% (G)(H) | &nbsp;&nbsp;&nbsp;&nbsp;220712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2207873 |
| State Street Institutional Us Government Money Market Fund, 4.0870% (G) | 11448782 | &nbsp;&nbsp;&nbsp;&nbsp;11448782 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $13,656,701) | TOTAL SHORT-TERM INVESTMENTS (Cost $13,656,701) | $&nbsp;&nbsp;&nbsp;&nbsp;13656655 |
| **Total Investments (International Equity Index Trust)<br> (Cost $690,656,824) - 99.7%** | **Total Investments (International Equity Index Trust)<br> (Cost $690,656,824) - 99.7%** | $**1143114989** |
| **Other assets and liabilities, net - 0.3%** | **Other assets and liabilities, net - 0.3%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3621606** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**1146736595** |

---

---

| | |
|:---|:---|
| <u>Currency Abbreviations</u> | <u>Currency Abbreviations</u> |
| DKK | Danish Krone |
| EUR | Euro |
| MYR | Malaysian Ringgit |
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| GDR | Global Depositary Receipt |
| NVDR | Non-Voting Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | 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. |
| (C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (E) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $2,147,984. |
| (F) | Strike price and/or expiration date not available. |
| (G) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Equity Index Trust (continued)<br>

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Mini MSCI EAFE Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$3890258 | &nbsp;&nbsp;&nbsp;&nbsp;$3899560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9302 |
| Mini MSCI Emerging Markets Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2616957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34263 |
| MSCI Kuwait Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2457003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30953) |
| MSCI Qatar Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;129 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2433599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2412300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21299) |
| MSCI UAE Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4736170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4825620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89450 |
| S&P/TSX 60 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17893 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$98656** |

---

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

#### International Small Company Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS - 98.1%** | **COMMON STOCKS - 98.1%** |  |
| **Australia - 6.4%** |  |  |
| Accent Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6857 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5991 |
| Adairs, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13685 |
| Alcidion Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2833 |
| Alkane Resources, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18937 |
| Alliance Aviation Services, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4779 |
| AMA Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9334 |
| Amotiv, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23872 |
| AMP, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121561 |
| Amplitude Energy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24038 |
| Amplitude Energy, Ltd., Additional Offering (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5674 |
| Ansell, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109576 |
| Appen, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4011 |
| Arafura Rare Earths, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22391 |
| Arafura Rare Earths, Ltd., Additional Offering (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442 |
| ARB Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86333 |
| Archer Materials, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 |
| ARN Media, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7150 |
| Articore Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2504 |
| AUB Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110290 |
| Audinate Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3903 |
| Aurelia Metals, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19203 |
| Aurizon Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18853 |
| Aussie Broadband, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35688 |
| Austal, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93075 |
| Australian Agricultural Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27306 |
| Australian Clinical Labs, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9057 |
| Australian Ethical Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19373 |
| Australian Finance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25803 |
| Australian Strategic Materials, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057 |
| AVZ Minerals, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7589 |
| Baby Bunting Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11386 |
| Bank of Queensland, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118383 |
| Bapcor, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32672 |
| Beach Energy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48596 |
| Beacon Lighting Group, Ltd. (C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14886 |
| Bega Cheese, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37358 |
| Bell Financial Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8832 |
| Bellevue Gold, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50489 |
| BetMakers Technology Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1823 |
| Boss Energy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20680 |
| Bravura Solutions, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32458 |
| Breville Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72642 |
| Bubs Australia, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 |

---

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Australia (continued)** |  |  |
| Capricorn Metals, Ltd. (A) | 14475 | $126020 |
| Carnarvon Energy, Ltd. (A) | 51813 | &nbsp;&nbsp;&nbsp;&nbsp;3377 |
| Cash Converters International, Ltd. | 14501 | &nbsp;&nbsp;&nbsp;&nbsp;3117 |
| Catalyst Metals, Ltd. (A) | &nbsp;&nbsp;7241 | &nbsp;&nbsp;&nbsp;37728 |
| Catapult Sports, Ltd. (A) | &nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;14707 |
| Cedar Woods Properties, Ltd. | &nbsp;&nbsp;3145 | &nbsp;&nbsp;&nbsp;16224 |
| Cettire, Ltd. (A) | &nbsp;&nbsp;7920 | &nbsp;&nbsp;&nbsp;&nbsp;3621 |
| Chalice Mining, Ltd. (A) | 19336 | &nbsp;&nbsp;&nbsp;31878 |
| Challenger, Ltd. | &nbsp;&nbsp;9327 | &nbsp;&nbsp;&nbsp;53394 |
| Champion Iron, Ltd. | 13415 | &nbsp;&nbsp;&nbsp;41453 |
| Chrysos Corp., Ltd. (A) | &nbsp;&nbsp;1788 | &nbsp;&nbsp;&nbsp;&nbsp;9259 |
| Clinuvel Pharmaceuticals, Ltd. | &nbsp;&nbsp;2335 | &nbsp;&nbsp;&nbsp;18238 |
| Clover Corp., Ltd. | &nbsp;&nbsp;8155 | &nbsp;&nbsp;&nbsp;&nbsp;3964 |
| Coast Entertainment Holdings, Ltd. (A) | 39016 | &nbsp;&nbsp;&nbsp;10546 |
| Codan, Ltd. | &nbsp;&nbsp;4936 | &nbsp;&nbsp;&nbsp;96354 |
| Collins Foods, Ltd. | &nbsp;&nbsp;5736 | &nbsp;&nbsp;&nbsp;41088 |
| Corporate Travel Management, Ltd. (B) | &nbsp;&nbsp;4156 | &nbsp;&nbsp;&nbsp;44193 |
| Credit Corp. Group, Ltd. | &nbsp;&nbsp;3047 | &nbsp;&nbsp;&nbsp;30788 |
| Dalrymple Bay Infrastructure, Ltd. | &nbsp;&nbsp;9505 | &nbsp;&nbsp;&nbsp;27494 |
| Data#3, Ltd. | &nbsp;&nbsp;5537 | &nbsp;&nbsp;&nbsp;33655 |
| Deep Yellow, Ltd. (A) | 31653 | &nbsp;&nbsp;&nbsp;41142 |
| Dicker Data, Ltd. | &nbsp;&nbsp;2871 | &nbsp;&nbsp;&nbsp;18655 |
| Domino's Pizza Enterprises, Ltd. | &nbsp;&nbsp;2592 | &nbsp;&nbsp;&nbsp;23097 |
| Downer EDI, Ltd. | 26043 | 126881 |
| Dyno Nobel, Ltd. | 19601 | &nbsp;&nbsp;&nbsp;40158 |
| Eagers Automotive, Ltd. | &nbsp;&nbsp;4898 | &nbsp;&nbsp;&nbsp;94913 |
| Elders, Ltd. | &nbsp;&nbsp;8739 | &nbsp;&nbsp;&nbsp;43082 |
| Emeco Holdings, Ltd. (A) | 22924 | &nbsp;&nbsp;&nbsp;19341 |
| Emerald Resources NL (A) | 21418 | &nbsp;&nbsp;&nbsp;70735 |
| EML Payments, Ltd. (A) | 16327 | &nbsp;&nbsp;&nbsp;10749 |
| Enero Group, Ltd. | &nbsp;&nbsp;3952 | &nbsp;&nbsp;&nbsp;&nbsp;2038 |
| EQT Holdings, Ltd. | &nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;16316 |
| EVT, Ltd. | &nbsp;&nbsp;4108 | &nbsp;&nbsp;&nbsp;35515 |
| Finbar Group, Ltd. | &nbsp;&nbsp;8370 | &nbsp;&nbsp;&nbsp;&nbsp;4906 |
| FleetPartners Group, Ltd. (A) | &nbsp;&nbsp;3145 | &nbsp;&nbsp;&nbsp;&nbsp;6005 |
| Fleetwood, Ltd. | &nbsp;&nbsp;8058 | &nbsp;&nbsp;&nbsp;16621 |
| Flight Centre Travel Group, Ltd. | &nbsp;&nbsp;6231 | &nbsp;&nbsp;&nbsp;47621 |
| Frontier Digital Ventures, Ltd. (A)(C) | 11391 | &nbsp;&nbsp;&nbsp;&nbsp;3638 |
| G8 Education, Ltd. | 23703 | &nbsp;&nbsp;&nbsp;13259 |
| Galan Lithium, Ltd. (A)(C) | 25297 | &nbsp;&nbsp;&nbsp;&nbsp;2394 |
| Generation Development Group, Ltd. | &nbsp;&nbsp;9919 | &nbsp;&nbsp;&nbsp;45707 |
| Genesis Minerals, Ltd. (A) | 26598 | 102886 |
| GrainCorp, Ltd., Class A | &nbsp;&nbsp;9793 | &nbsp;&nbsp;&nbsp;58327 |
| Grange Resources, Ltd. (A) | 21083 | &nbsp;&nbsp;&nbsp;&nbsp;3207 |
| GWA Group, Ltd. | 12453 | &nbsp;&nbsp;&nbsp;20914 |
| Hansen Technologies, Ltd. | &nbsp;&nbsp;6495 | &nbsp;&nbsp;&nbsp;25227 |
| Healius, Ltd. | 30121 | &nbsp;&nbsp;&nbsp;14953 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Australia (continued)** |  |  |
| Helia Group, Ltd. | 14393 | $&nbsp;&nbsp;&nbsp;54911 |
| Highfield Resources, Ltd. (A)(B) | 13495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598 |
| HUB24, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp;&nbsp;16536 |
| Humm Group, Ltd. | 30307 | &nbsp;&nbsp;&nbsp;13158 |
| IDP Education, Ltd. | &nbsp;&nbsp;7627 | &nbsp;&nbsp;&nbsp;33152 |
| IGO, Ltd. (A) | 11182 | &nbsp;&nbsp;&nbsp;38394 |
| Iluka Resources, Ltd. | 10545 | &nbsp;&nbsp;&nbsp;44208 |
| Imdex, Ltd. | 25654 | &nbsp;&nbsp;&nbsp;57033 |
| Immutep, Ltd. (A) | 32224 | &nbsp;&nbsp;&nbsp;&nbsp;5651 |
| Infomedia, Ltd. | 17584 | &nbsp;&nbsp;&nbsp;19546 |
| Inghams Group, Ltd. | 13624 | &nbsp;&nbsp;&nbsp;22792 |
| Insignia Financial, Ltd. (A) | 28538 | &nbsp;&nbsp;&nbsp;84660 |
| Integral Diagnostics, Ltd. | 19333 | &nbsp;&nbsp;&nbsp;35030 |
| Ioneer, Ltd. (A) | 69038 | &nbsp;&nbsp;&nbsp;&nbsp;7614 |
| IPH, Ltd. | 11409 | &nbsp;&nbsp;&nbsp;26937 |
| IRESS, Ltd. | &nbsp;&nbsp;4820 | &nbsp;&nbsp;&nbsp;28131 |
| IVE Group, Ltd. | 11452 | &nbsp;&nbsp;&nbsp;21301 |
| Johns Lyng Group, Ltd. | &nbsp;&nbsp;7242 | &nbsp;&nbsp;&nbsp;18929 |
| Judo Capital Holdings, Ltd. (A) | 10800 | &nbsp;&nbsp;&nbsp;12533 |
| Jumbo Interactive, Ltd. | &nbsp;&nbsp;2253 | &nbsp;&nbsp;&nbsp;15979 |
| Jupiter Mines, Ltd. | 72822 | &nbsp;&nbsp;&nbsp;12258 |
| Karoon Energy, Ltd. | 26749 | &nbsp;&nbsp;&nbsp;29070 |
| Kelsian Group, Ltd. | &nbsp;&nbsp;8384 | &nbsp;&nbsp;&nbsp;27202 |
| Kogan.com, Ltd. | &nbsp;&nbsp;2032 | &nbsp;&nbsp;&nbsp;&nbsp;4556 |
| Lendlease Corp., Ltd. | 20814 | &nbsp;&nbsp;&nbsp;75635 |
| Lifestyle Communities, Ltd. (A) | &nbsp;&nbsp;4954 | &nbsp;&nbsp;&nbsp;18780 |
| Lindsay Australia, Ltd. | 22535 | &nbsp;&nbsp;&nbsp;&nbsp;9772 |
| Lovisa Holdings, Ltd. | &nbsp;&nbsp;3010 | &nbsp;&nbsp;&nbsp;74453 |
| Lycopodium, Ltd. | &nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;10297 |
| MA Financial Group, Ltd. | &nbsp;&nbsp;4146 | &nbsp;&nbsp;&nbsp;25501 |
| Macmahon Holdings, Ltd. | 75912 | &nbsp;&nbsp;&nbsp;20066 |
| Macquarie Technology Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;19797 |
| Magellan Financial Group, Ltd. | &nbsp;&nbsp;5757 | &nbsp;&nbsp;&nbsp;36538 |
| Mayne Pharma Group, Ltd. (A) | &nbsp;&nbsp;4957 | &nbsp;&nbsp;&nbsp;16842 |
| McMillan Shakespeare, Ltd. | &nbsp;&nbsp;2468 | &nbsp;&nbsp;&nbsp;27418 |
| McPherson's, Ltd. (A) | &nbsp;&nbsp;9168 | &nbsp;&nbsp;&nbsp;&nbsp;1547 |
| Megaport, Ltd. (A) | &nbsp;&nbsp;4479 | &nbsp;&nbsp;&nbsp;46851 |
| Mesoblast, Ltd. (A) | 37977 | &nbsp;&nbsp;&nbsp;59640 |
| Metals X, Ltd. (A) | 48765 | &nbsp;&nbsp;&nbsp;25337 |
| Metcash, Ltd. | 41758 | 104858 |
| Michael Hill International, Ltd. (A) | 16629 | &nbsp;&nbsp;&nbsp;&nbsp;3785 |
| Monadelphous Group, Ltd. | &nbsp;&nbsp;4455 | &nbsp;&nbsp;&nbsp;66181 |
| Monash IVF Group, Ltd. | 21798 | &nbsp;&nbsp;&nbsp;&nbsp;9678 |
| Mount Gibson Iron, Ltd. (A) | 19096 | &nbsp;&nbsp;&nbsp;&nbsp;4864 |
| Myer Holdings, Ltd. | 56935 | &nbsp;&nbsp;&nbsp;18059 |
| MyState, Ltd. | &nbsp;&nbsp;7153 | &nbsp;&nbsp;&nbsp;20373 |
| Nanosonics, Ltd. (A) | &nbsp;&nbsp;2276 | &nbsp;&nbsp;&nbsp;&nbsp;6361 |
| Navigator Global Investments, Ltd. | 11684 | &nbsp;&nbsp;&nbsp;16201 |
| Neuren Pharmaceuticals, Ltd. (A) | &nbsp;&nbsp;1723 | &nbsp;&nbsp;&nbsp;22509 |
| New Hope Corp., Ltd. | 23547 | &nbsp;&nbsp;&nbsp;61056 |
| nib holdings, Ltd. | 20171 | &nbsp;&nbsp;&nbsp;98814 |
| Nick Scali, Ltd. | &nbsp;&nbsp;2772 | &nbsp;&nbsp;&nbsp;42859 |
| Nickel Industries, Ltd. | 57059 | &nbsp;&nbsp;&nbsp;26831 |
| Nine Entertainment Company Holdings, Ltd. | 57796 | &nbsp;&nbsp;&nbsp;46190 |
| Novonix, Ltd. (A)(C) | 11595 | &nbsp;&nbsp;&nbsp;&nbsp;3499 |
| NRW Holdings, Ltd. | 19940 | &nbsp;&nbsp;&nbsp;61030 |
| Nufarm, Ltd. (A) | 14586 | &nbsp;&nbsp;&nbsp;22075 |
| Nuix, Ltd. (A) | 10473 | &nbsp;&nbsp;&nbsp;20352 |
| Objective Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;12166 |
| OFX Group, Ltd. (A) | 14134 | &nbsp;&nbsp;&nbsp;&nbsp;8000 |
| Omni Bridgeway, Ltd. (A) | 15737 | &nbsp;&nbsp;&nbsp;17685 |
| oOh!media, Ltd. | 31712 | &nbsp;&nbsp;&nbsp;31229 |
| Ora Banda Mining, Ltd. (A) | 35710 | &nbsp;&nbsp;&nbsp;27749 |
| Orora, Ltd. | 56536 | &nbsp;&nbsp;&nbsp;77768 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Australia (continued)** |  |  |
| Pacific Current Group, Ltd. | &nbsp;&nbsp;&nbsp;1717 | $&nbsp;&nbsp;&nbsp;&nbsp;12545 |
| Paladin Energy, Ltd. (A) | &nbsp;&nbsp;&nbsp;3788 | &nbsp;&nbsp;&nbsp;&nbsp;20924 |
| Paladin Energy, Ltd. (Toronto Stock Exchange) (A) | &nbsp;&nbsp;&nbsp;2098 | &nbsp;&nbsp;&nbsp;&nbsp;11276 |
| Paladin Energy, Ltd., Additional Offering (A) | &nbsp;&nbsp;&nbsp;&nbsp;302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668 |
| Pantoro Gold, Ltd. (A) | &nbsp;&nbsp;16901 | &nbsp;&nbsp;&nbsp;&nbsp;67350 |
| Peet, Ltd. | &nbsp;&nbsp;13800 | &nbsp;&nbsp;&nbsp;&nbsp;18251 |
| PeopleIN, Ltd. (A) | &nbsp;&nbsp;&nbsp;5305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2791 |
| Perenti, Ltd. | &nbsp;&nbsp;35432 | &nbsp;&nbsp;&nbsp;&nbsp;65866 |
| Perpetual, Ltd. | &nbsp;&nbsp;&nbsp;3944 | &nbsp;&nbsp;&nbsp;&nbsp;48750 |
| Perseus Mining, Ltd. | &nbsp;&nbsp;41513 | &nbsp;&nbsp;&nbsp;&nbsp;133558 |
| PEXA Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;4479 | &nbsp;&nbsp;&nbsp;&nbsp;46367 |
| Platinum Asset Management, Ltd. | &nbsp;&nbsp;22136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9791 |
| Praemium, Ltd. | &nbsp;&nbsp;28131 | &nbsp;&nbsp;&nbsp;&nbsp;14181 |
| Premier Investments, Ltd. | &nbsp;&nbsp;&nbsp;2387 | &nbsp;&nbsp;&nbsp;&nbsp;30356 |
| Propel Funeral Partners, Ltd. | &nbsp;&nbsp;&nbsp;3234 | &nbsp;&nbsp;&nbsp;&nbsp;10930 |
| PWR Holdings, Ltd. | &nbsp;&nbsp;&nbsp;3396 | &nbsp;&nbsp;&nbsp;&nbsp;17462 |
| Ramelius Resources, Ltd. | &nbsp;&nbsp;40131 | &nbsp;&nbsp;&nbsp;&nbsp;102219 |
| ReadyTech Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;4809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6907 |
| Regis Healthcare, Ltd. | &nbsp;&nbsp;&nbsp;5443 | &nbsp;&nbsp;&nbsp;&nbsp;21754 |
| Regis Resources, Ltd. | &nbsp;&nbsp;35749 | &nbsp;&nbsp;&nbsp;&nbsp;141238 |
| Resolute Mining, Ltd. (A) | &nbsp;&nbsp;88090 | &nbsp;&nbsp;&nbsp;&nbsp;59846 |
| Ridley Corp., Ltd. | &nbsp;&nbsp;14265 | &nbsp;&nbsp;&nbsp;&nbsp;28503 |
| RPMGlobal Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp;20398 |
| Sandfire Resources, Ltd. (A) | &nbsp;&nbsp;13399 | &nbsp;&nbsp;&nbsp;&nbsp;126386 |
| Select Harvests, Ltd. (A) | &nbsp;&nbsp;&nbsp;8313 | &nbsp;&nbsp;&nbsp;&nbsp;22163 |
| Servcorp, Ltd. | &nbsp;&nbsp;&nbsp;3171 | &nbsp;&nbsp;&nbsp;&nbsp;14978 |
| Service Stream, Ltd. | &nbsp;&nbsp;27275 | &nbsp;&nbsp;&nbsp;&nbsp;41657 |
| Seven West Media, Ltd. (A) | &nbsp;&nbsp;85038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8413 |
| Silver Mines, Ltd. (A) | 108796 | &nbsp;&nbsp;&nbsp;&nbsp;15159 |
| Sims, Ltd. | &nbsp;&nbsp;&nbsp;7974 | &nbsp;&nbsp;&nbsp;&nbsp;70421 |
| SmartGroup Corp., Ltd. | &nbsp;&nbsp;&nbsp;4810 | &nbsp;&nbsp;&nbsp;&nbsp;25381 |
| SolGold PLC (A) | &nbsp;&nbsp;65333 | &nbsp;&nbsp;&nbsp;&nbsp;13240 |
| Solvar, Ltd. | &nbsp;&nbsp;10468 | &nbsp;&nbsp;&nbsp;&nbsp;11065 |
| Southern Cross Media Group, Ltd. | &nbsp;&nbsp;17291 | &nbsp;&nbsp;&nbsp;&nbsp;10241 |
| SRG Global, Ltd. | &nbsp;&nbsp;13828 | &nbsp;&nbsp;&nbsp;&nbsp;17758 |
| St. Barbara, Ltd. (A) | &nbsp;&nbsp;43956 | &nbsp;&nbsp;&nbsp;&nbsp;15474 |
| Stanmore Resources, Ltd. | &nbsp;&nbsp;&nbsp;9875 | &nbsp;&nbsp;&nbsp;&nbsp;13917 |
| Strike Energy, Ltd. (A) | 118299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8230 |
| Super Retail Group, Ltd. | &nbsp;&nbsp;&nbsp;5206 | &nbsp;&nbsp;&nbsp;&nbsp;56006 |
| Superloop, Ltd. (A) | &nbsp;&nbsp;16944 | &nbsp;&nbsp;&nbsp;&nbsp;38046 |
| Supply Network, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp;10222 |
| Syrah Resources, Ltd. (A) | &nbsp;&nbsp;77748 | &nbsp;&nbsp;&nbsp;&nbsp;13624 |
| Tabcorp Holdings, Ltd. | &nbsp;&nbsp;93926 | &nbsp;&nbsp;&nbsp;&nbsp;63786 |
| Temple & Webster Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7429 |
| Ten Sixty Four, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;8127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 |
| Tuas, Ltd. (A) | &nbsp;&nbsp;&nbsp;7481 | &nbsp;&nbsp;&nbsp;&nbsp;34641 |
| Tyro Payments, Ltd. (A) | &nbsp;&nbsp;10423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7721 |
| Ventia Services Group Pty, Ltd. | &nbsp;&nbsp;27017 | &nbsp;&nbsp;&nbsp;&nbsp;91308 |
| Viva Energy Group, Ltd. (D) | &nbsp;&nbsp;28271 | &nbsp;&nbsp;&nbsp;&nbsp;33924 |
| Vulcan Energy Resources, Ltd. (A)(C) | &nbsp;&nbsp;&nbsp;4422 | &nbsp;&nbsp;&nbsp;&nbsp;17541 |
| Washington H. Soul Pattinson & Company, Ltd. | &nbsp;&nbsp;&nbsp;2435 | &nbsp;&nbsp;&nbsp;&nbsp;61997 |
| WEB Travel Group, Ltd. (A) | &nbsp;&nbsp;16369 | &nbsp;&nbsp;&nbsp;&nbsp;42806 |
| Webjet Group, Ltd. (A) | &nbsp;&nbsp;16369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9401 |
| West African Resources, Ltd. (A) | &nbsp;&nbsp;52899 | &nbsp;&nbsp;&nbsp;&nbsp;89399 |
| Westgold Resources, Ltd. | &nbsp;&nbsp;30316 | &nbsp;&nbsp;&nbsp;&nbsp;89373 |
| Westgold Resources, Ltd. (Toronto Stock Exchange) | &nbsp;&nbsp;12115 | &nbsp;&nbsp;&nbsp;&nbsp;35343 |
| Whitehaven Coal, Ltd. | &nbsp;&nbsp;22546 | &nbsp;&nbsp;&nbsp;&nbsp;98411 |
| Zip Company, Ltd. (A) | &nbsp;&nbsp;49768 | &nbsp;&nbsp;&nbsp;&nbsp;146257 |
|  |  | 7028737 |
| **Austria - 1.5%** |  |  |
| Addiko Bank AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp;16418 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Austria (continued)** |  |  |
| Agrana Beteiligungs AG | &nbsp;&nbsp;724 | $&nbsp;&nbsp;&nbsp;&nbsp;10506 |
| ams-OSRAM AG (A) | 2043 | &nbsp;&nbsp;&nbsp;&nbsp;28922 |
| ANDRITZ AG | 2533 | &nbsp;&nbsp;&nbsp;&nbsp;178710 |
| AT&S Austria Technologie & Systemtechnik AG (A)(C) | 1188 | &nbsp;&nbsp;&nbsp;&nbsp;31416 |
| BAWAG Group AG (A)(D) | 3264 | &nbsp;&nbsp;&nbsp;&nbsp;430304 |
| CA Immobilien Anlagen AG | 1426 | &nbsp;&nbsp;&nbsp;&nbsp;39249 |
| CPI Europe AG (A)(C) | &nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp;20651 |
| DO & Company AG | &nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;72588 |
| Eurotelesites AG (A) | 1109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6412 |
| EVN AG | 1321 | &nbsp;&nbsp;&nbsp;&nbsp;36356 |
| Fabasoft AG | &nbsp;&nbsp;599 | &nbsp;&nbsp;&nbsp;&nbsp;11705 |
| FACC AG (A) | 1116 | &nbsp;&nbsp;&nbsp;&nbsp;12301 |
| Kapsch TrafficCom AG (A) | &nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1641 |
| Kontron AG (C) | 1320 | &nbsp;&nbsp;&nbsp;&nbsp;42665 |
| Lenzing AG (A) | &nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp;16970 |
| Mayr Melnhof Karton AG | &nbsp;&nbsp;302 | &nbsp;&nbsp;&nbsp;&nbsp;28141 |
| Oesterreichische Post AG | 1378 | &nbsp;&nbsp;&nbsp;&nbsp;47942 |
| Palfinger AG | &nbsp;&nbsp;876 | &nbsp;&nbsp;&nbsp;&nbsp;36465 |
| POLYTEC Holding AG (A) | &nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3740 |
| Porr AG | &nbsp;&nbsp;876 | &nbsp;&nbsp;&nbsp;&nbsp;29364 |
| RHI Magnesita NV | &nbsp;&nbsp;552 | &nbsp;&nbsp;&nbsp;&nbsp;15358 |
| SBO AG | &nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;13979 |
| Semperit AG Holding (C) | &nbsp;&nbsp;822 | &nbsp;&nbsp;&nbsp;&nbsp;12368 |
| Strabag SE, Bearer Shares | &nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp;22381 |
| Telekom Austria AG | 4306 | &nbsp;&nbsp;&nbsp;&nbsp;46036 |
| UBM Development AG (A) | &nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp;10301 |
| UNIQA Insurance Group AG | 3329 | &nbsp;&nbsp;&nbsp;&nbsp;49500 |
| Vienna Insurance Group AG | 1157 | &nbsp;&nbsp;&nbsp;&nbsp;63760 |
| voestalpine AG | 4248 | &nbsp;&nbsp;&nbsp;&nbsp;152154 |
| Wienerberger AG | 4106 | &nbsp;&nbsp;&nbsp;&nbsp;132929 |
| Zumtobel Group AG | 2545 | &nbsp;&nbsp;&nbsp;&nbsp;11966 |
|  |  | 1633198 |
| **Belgium - 1.6%** |  |  |
| Ackermans & van Haaren NV | &nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp;224838 |
| Ageas SA/NV | 1207 | &nbsp;&nbsp;&nbsp;&nbsp;83713 |
| AGFA-Gevaert NV (A) | 6780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7444 |
| Atenor (A) | 1218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4265 |
| Azelis Group NV | 2791 | &nbsp;&nbsp;&nbsp;&nbsp;37982 |
| Barco NV | 2300 | &nbsp;&nbsp;&nbsp;&nbsp;36592 |
| Bekaert SA | 1389 | &nbsp;&nbsp;&nbsp;&nbsp;63826 |
| Biocartis Group NV (A)(B)(D) | 4063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| bpost SA (A) | 4236 | &nbsp;&nbsp;&nbsp;&nbsp;11565 |
| Cie d'Entreprises CFE | &nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4495 |
| CMB Tech NV (A) | 2614 | &nbsp;&nbsp;&nbsp;&nbsp;24596 |
| Colruyt Group N.V | 1453 | &nbsp;&nbsp;&nbsp;&nbsp;57278 |
| Deceuninck NV | 2515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6083 |
| Deme Group NV | &nbsp;&nbsp;303 | &nbsp;&nbsp;&nbsp;&nbsp;44354 |
| D'ieteren Group | &nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;88406 |
| Econocom Group SA/NV | 6435 | &nbsp;&nbsp;&nbsp;&nbsp;13377 |
| Elia Group SA/NV | &nbsp;&nbsp;697 | &nbsp;&nbsp;&nbsp;&nbsp;80525 |
| EVS Broadcast Equipment SA | &nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp;16957 |
| Fagron | 2712 | &nbsp;&nbsp;&nbsp;&nbsp;63299 |
| Galapagos NV (A) | 1566 | &nbsp;&nbsp;&nbsp;&nbsp;54322 |
| Gimv NV | 1162 | &nbsp;&nbsp;&nbsp;&nbsp;62249 |
| Immobel SA (A) | &nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6354 |
| Ion Beam Applications | 1305 | &nbsp;&nbsp;&nbsp;&nbsp;16246 |
| Kinepolis Group NV | &nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;22048 |
| Lotus Bakeries NV | &nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;103793 |
| Melexis NV | &nbsp;&nbsp;863 | &nbsp;&nbsp;&nbsp;&nbsp;68795 |
| Nyxoah SA (A)(C) | &nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 |
| Ontex Group NV (A) | 2807 | &nbsp;&nbsp;&nbsp;&nbsp;20899 |
| Orange Belgium SA (A) | &nbsp;&nbsp;417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9306 |
| Proximus SADP | 6084 | &nbsp;&nbsp;&nbsp;&nbsp;53237 |
| Recticel SA | 2296 | &nbsp;&nbsp;&nbsp;&nbsp;24202 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Belgium (continued)** |  |  |
| Sipef NV | &nbsp;&nbsp;&nbsp;&nbsp;420 | $&nbsp;&nbsp;&nbsp;&nbsp;36331 |
| Solvay SA | &nbsp;&nbsp;2586 | &nbsp;&nbsp;&nbsp;&nbsp;82344 |
| Syensqo SA | &nbsp;&nbsp;&nbsp;&nbsp;567 | &nbsp;&nbsp;&nbsp;&nbsp;46034 |
| Tessenderlo Group SA | &nbsp;&nbsp;1111 | &nbsp;&nbsp;&nbsp;&nbsp;33815 |
| Umicore SA | &nbsp;&nbsp;3845 | &nbsp;&nbsp;&nbsp;&nbsp;68657 |
| Van de Velde NV | &nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp;13700 |
| VGP NV | &nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp;69317 |
| Viohalco SA | &nbsp;&nbsp;7173 | &nbsp;&nbsp;&nbsp;&nbsp;63107 |
| X-Fab Silicon Foundries SE (A)(D) | &nbsp;&nbsp;3484 | &nbsp;&nbsp;&nbsp;&nbsp;28349 |
|  |  | 1756260 |
| **Bermuda - 0.3%** |  |  |
| FLEX LNG, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7409 |
| FLEX LNG, Ltd. (New York Stock Exchange) (A) | &nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp;12348 |
| Hiscox, Ltd. | 13525 | &nbsp;&nbsp;&nbsp;&nbsp;249642 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;269399 |
| **Cambodia - 0.0%** |  |  |
| NagaCorp, Ltd. | 52981 | &nbsp;&nbsp;&nbsp;&nbsp;39821 |
| **Canada - 12.6%** |  |  |
| 5N Plus, Inc. (A) | &nbsp;&nbsp;3515 | &nbsp;&nbsp;&nbsp;&nbsp;42962 |
| Acadian Timber Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9445 |
| ADENTRA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;449 | &nbsp;&nbsp;&nbsp;&nbsp;11366 |
| Advantage Energy, Ltd. (A) | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;73787 |
| Aecon Group, Inc. | &nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp;54770 |
| Ag Growth International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7030 |
| AGF Management, Ltd., Class B | &nbsp;&nbsp;4298 | &nbsp;&nbsp;&nbsp;&nbsp;44873 |
| Aimia, Inc. (A) | &nbsp;&nbsp;7777 | &nbsp;&nbsp;&nbsp;&nbsp;17714 |
| Air Canada (A) | &nbsp;&nbsp;6092 | &nbsp;&nbsp;&nbsp;&nbsp;76867 |
| AirBoss of America Corp. (C) | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5508 |
| Algoma Central Corp. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8400 |
| Algoma Steel Group, Inc. | &nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3887 |
| Algonquin Power & Utilities Corp. (C) | 20386 | &nbsp;&nbsp;&nbsp;&nbsp;109569 |
| Allied Gold Corp. (A) | &nbsp;&nbsp;1591 | &nbsp;&nbsp;&nbsp;&nbsp;27803 |
| Altius Minerals Corp. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;40885 |
| Altus Group, Ltd. | &nbsp;&nbsp;2018 | &nbsp;&nbsp;&nbsp;&nbsp;86189 |
| Amerigo Resources, Ltd. | 13502 | &nbsp;&nbsp;&nbsp;&nbsp;26389 |
| Andlauer Healthcare Group, Inc. | &nbsp;&nbsp;1114 | &nbsp;&nbsp;&nbsp;&nbsp;42240 |
| Andrew Peller, Ltd., Class A | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8429 |
| Aritzia, Inc. (A) | &nbsp;&nbsp;3753 | &nbsp;&nbsp;&nbsp;&nbsp;227008 |
| Atco, Ltd., Class I | &nbsp;&nbsp;3218 | &nbsp;&nbsp;&nbsp;&nbsp;116493 |
| Athabasca Oil Corp. (A) | 22874 | &nbsp;&nbsp;&nbsp;&nbsp;109464 |
| ATS Corp. (A) | &nbsp;&nbsp;3447 | &nbsp;&nbsp;&nbsp;&nbsp;90181 |
| AutoCanada, Inc. (A) | &nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp;24363 |
| B2Gold Corp. | 49963 | &nbsp;&nbsp;&nbsp;&nbsp;246997 |
| B2Gold Corp. (NYSE American Exchange) (C) | &nbsp;&nbsp;5393 | &nbsp;&nbsp;&nbsp;&nbsp;26695 |
| Badger Infrastructure Solutions, Ltd. | &nbsp;&nbsp;1832 | &nbsp;&nbsp;&nbsp;&nbsp;80799 |
| Ballard Power Systems, Inc. (A)(C) | &nbsp;&nbsp;9718 | &nbsp;&nbsp;&nbsp;&nbsp;26325 |
| Bausch Health Companies, Inc. (A) | &nbsp;&nbsp;8857 | &nbsp;&nbsp;&nbsp;&nbsp;57023 |
| Baytex Energy Corp. | 16664 | &nbsp;&nbsp;&nbsp;&nbsp;39035 |
| Birch Mountain Resources, Ltd. (A)(B) | &nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| Birchcliff Energy, Ltd. (C) | 11933 | &nbsp;&nbsp;&nbsp;&nbsp;49131 |
| Bird Construction, Inc. | &nbsp;&nbsp;2754 | &nbsp;&nbsp;&nbsp;&nbsp;59722 |
| Bitfarms, Ltd. (A) | &nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp;26545 |
| Black Diamond Group, Ltd. | &nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp;27664 |
| BlackBerry, Ltd. (A) | 11522 | &nbsp;&nbsp;&nbsp;&nbsp;56215 |
| BMTC Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4624 |
| Boralex, Inc., Class A | &nbsp;&nbsp;4010 | &nbsp;&nbsp;&nbsp;&nbsp;78287 |
| BRP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;&nbsp;42319 |
| CAE, Inc. (A) | &nbsp;&nbsp;3424 | &nbsp;&nbsp;&nbsp;&nbsp;101389 |
| Calian Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp;21588 |
| Canaccord Genuity Group, Inc. | &nbsp;&nbsp;5281 | &nbsp;&nbsp;&nbsp;&nbsp;40754 |
| Canacol Energy, Ltd. (A) | &nbsp;&nbsp;1513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2827 |
| Canada Goose Holdings, Inc. (A) | &nbsp;&nbsp;2213 | &nbsp;&nbsp;&nbsp;&nbsp;30467 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Canada (continued)** |  |  |
| Canadian Tire Corp., Ltd., Class A | &nbsp;&nbsp;1222 | $145469 |
| Canfor Corp. (A) | &nbsp;&nbsp;2404 | &nbsp;&nbsp;&nbsp;21160 |
| Capital Power Corp. (C) | &nbsp;&nbsp;5327 | 250140 |
| Capstone Copper Corp. (A) | 22835 | 193942 |
| Cardinal Energy, Ltd. | &nbsp;&nbsp;5530 | &nbsp;&nbsp;&nbsp;30795 |
| Cascades, Inc. | &nbsp;&nbsp;4523 | &nbsp;&nbsp;&nbsp;31330 |
| Centerra Gold, Inc. | &nbsp;&nbsp;9077 | &nbsp;&nbsp;&nbsp;97247 |
| CES Energy Solutions Corp. | 10313 | &nbsp;&nbsp;&nbsp;69583 |
| China Gold International Resources Corp., Ltd. (C) | 18050 | 323336 |
| Cineplex, Inc. (A) | &nbsp;&nbsp;1227 | &nbsp;&nbsp;&nbsp;10527 |
| Cogeco Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;563 | &nbsp;&nbsp;&nbsp;25874 |
| Colliers International Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 109479 |
| Computer Modelling Group, Ltd. (C) | &nbsp;&nbsp;4420 | &nbsp;&nbsp;&nbsp;19913 |
| Corby Spirit and Wine, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;7067 |
| Cronos Group, Inc. (A) | &nbsp;&nbsp;5470 | &nbsp;&nbsp;&nbsp;15132 |
| Cronos Group, Inc. (Nasdaq Exchange) (A) | &nbsp;&nbsp;7260 | &nbsp;&nbsp;&nbsp;20183 |
| Definity Financial Corp. | &nbsp;&nbsp;2578 | 132503 |
| Denison Mines Corp. (A) | 17895 | &nbsp;&nbsp;&nbsp;49248 |
| Dexterra Group, Inc. | &nbsp;&nbsp;1621 | &nbsp;&nbsp;&nbsp;11065 |
| Docebo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp;8731 |
| Doman Building Materials Group, Ltd. | &nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;23591 |
| Dorel Industries, Inc., Class B (A) | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;2160 |
| DPM Metals, Inc. | &nbsp;&nbsp;7687 | 170399 |
| DREAM Unlimited Corp., Class A | &nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;20089 |
| Dye & Durham, Ltd. | &nbsp;&nbsp;2990 | &nbsp;&nbsp;&nbsp;15899 |
| E-L Financial Corp., Ltd. | &nbsp;&nbsp;8900 | 103472 |
| Eldorado Gold Corp. (A) | &nbsp;&nbsp;8268 | 238766 |
| Eldorado Gold Corp. (New York Stock Exchange) (A) | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;20223 |
| Empire Company, Ltd., Class A | &nbsp;&nbsp;1144 | &nbsp;&nbsp;&nbsp;41060 |
| Endeavour Silver Corp. (A) | &nbsp;&nbsp;9520 | &nbsp;&nbsp;&nbsp;74562 |
| Enerflex, Ltd. | &nbsp;&nbsp;5377 | &nbsp;&nbsp;&nbsp;57993 |
| Enghouse Systems, Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;27070 |
| Ensign Energy Services, Inc. (A) | &nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;17323 |
| EQB, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;958 | &nbsp;&nbsp;&nbsp;64018 |
| Equinox Gold Corp. (A) | 16652 | 186538 |
| ERO Copper Corp. (A)(C) | &nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;68870 |
| Evertz Technologies, Ltd. | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;16383 |
| Exchange Income Corp. | &nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;29639 |
| Exco Technologies, Ltd. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;7221 |
| Extendicare, Inc. | &nbsp;&nbsp;3780 | &nbsp;&nbsp;&nbsp;40388 |
| Fiera Capital Corp. | &nbsp;&nbsp;5935 | &nbsp;&nbsp;&nbsp;27805 |
| Finning International, Inc. | &nbsp;&nbsp;5481 | 254614 |
| Firm Capital Mortgage Investment Corp. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;9690 |
| First Majestic Silver Corp. | &nbsp;&nbsp;9281 | 113970 |
| First Majestic Silver Corp. (New York Stock Exchange) | &nbsp;&nbsp;5382 | &nbsp;&nbsp;&nbsp;66145 |
| First Mining Gold Corp. (A) | 39000 | &nbsp;&nbsp;&nbsp;&nbsp;7987 |
| First National Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;24118 |
| FirstService Corp. | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;28579 |
| Fortuna Mining Corp. (A) | &nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;76101 |
| Freehold Royalties, Ltd. (C) | &nbsp;&nbsp;5429 | &nbsp;&nbsp;&nbsp;53756 |
| Frontera Energy Corp. | &nbsp;&nbsp;1792 | &nbsp;&nbsp;&nbsp;&nbsp;7352 |
| Galiano Gold, Inc. (A) | &nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;14369 |
| Gamehost, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844 |
| GDI Integrated Facility Services, Inc. (A) | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;19825 |
| Gibson Energy, Inc. (C) | &nbsp;&nbsp;5806 | 107926 |
| Gildan Activewear, Inc. | &nbsp;&nbsp;2239 | 129349 |
| goeasy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;46342 |
| GoGold Resources, Inc. (A) | &nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;10282 |
| Guardian Capital Group, Ltd., Class A | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;52957 |
| Hammond Power Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;35485 |
| Hanfeng Evergreen, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Canada (continued)** |  |  |
| Headwater Exploration, Inc. | &nbsp;&nbsp;9290 | $&nbsp;&nbsp;&nbsp;50131 |
| High Liner Foods, Inc. | &nbsp;&nbsp;1773 | &nbsp;&nbsp;&nbsp;21747 |
| HLS Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;2872 |
| Hudbay Minerals, Inc. | 18710 | 283399 |
| IAMGOLD Corp. (A) | 22927 | 296204 |
| IAMGOLD Corp. (New York Stock Exchange) (A) | &nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;56892 |
| Imperial Metals Corp. (A) | &nbsp;&nbsp;5060 | &nbsp;&nbsp;&nbsp;21451 |
| Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;21206 |
| Interfor Corp. (A) | &nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;21296 |
| International Petroleum Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;337 | &nbsp;&nbsp;&nbsp;&nbsp;5623 |
| International Petroleum Corp. (Nasdaq Stockholm Exchange) (A) | &nbsp;&nbsp;3496 | &nbsp;&nbsp;&nbsp;58447 |
| Jamieson Wellness, Inc. (D) | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;57241 |
| K92 Mining, Inc. (A) | 10011 | 120992 |
| KAB Distribution, Inc. (A)(B) | &nbsp;&nbsp;7076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| K-Bro Linen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;15413 |
| Kelt Exploration, Ltd. (A) | 10445 | &nbsp;&nbsp;&nbsp;51636 |
| Keyera Corp. | &nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;49485 |
| Knight Therapeutics, Inc. (A) | &nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;22815 |
| Labrador Iron Ore Royalty Corp. | &nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;70982 |
| Largo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp;1166 |
| Lassonde Industries, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;30451 |
| Laurentian Bank of Canada | &nbsp;&nbsp;1514 | &nbsp;&nbsp;&nbsp;35889 |
| Leon's Furniture, Ltd. | &nbsp;&nbsp;1283 | &nbsp;&nbsp;&nbsp;26587 |
| Lightspeed Commerce, Inc. (A) | &nbsp;&nbsp;5593 | &nbsp;&nbsp;&nbsp;64583 |
| Linamar Corp. | &nbsp;&nbsp;1866 | 100078 |
| Lucara Diamond Corp. (A)(C) | 25184 | &nbsp;&nbsp;&nbsp;&nbsp;3619 |
| Lundin Gold, Inc. | &nbsp;&nbsp;4782 | 309832 |
| Magellan Aerospace Corp. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;10580 |
| Mainstreet Equity Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;40181 |
| Major Drilling Group International, Inc. (A) | &nbsp;&nbsp;4513 | &nbsp;&nbsp;&nbsp;37746 |
| Manitok Energy, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Maple Leaf Foods, Inc. | &nbsp;&nbsp;4270 | 110486 |
| Martinrea International, Inc. | &nbsp;&nbsp;4603 | &nbsp;&nbsp;&nbsp;35059 |
| Mattr Corp. (A) | &nbsp;&nbsp;1373 | &nbsp;&nbsp;&nbsp;10576 |
| MDA Space, Ltd. (A) | &nbsp;&nbsp;4887 | 121710 |
| Medical Facilities Corp. | &nbsp;&nbsp;2104 | &nbsp;&nbsp;&nbsp;21377 |
| MEG Energy Corp. | &nbsp;&nbsp;7756 | 156491 |
| Melcor Developments, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;10850 |
| Meren Energy, Inc. | 22402 | &nbsp;&nbsp;&nbsp;29618 |
| Methanex Corp. | &nbsp;&nbsp;2774 | 110286 |
| Morguard Corp. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;33148 |
| MTY Food Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;742 | &nbsp;&nbsp;&nbsp;20532 |
| Mullen Group, Ltd. | &nbsp;&nbsp;3682 | &nbsp;&nbsp;&nbsp;36828 |
| New Gold, Inc. (A) | 34515 | 247262 |
| NFI Group, Inc. (A) | &nbsp;&nbsp;4660 | &nbsp;&nbsp;&nbsp;49389 |
| North American Construction Group, Ltd. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;18467 |
| Northland Power, Inc. (C) | &nbsp;&nbsp;9569 | 160205 |
| NuVista Energy, Ltd. (A) | &nbsp;&nbsp;7905 | &nbsp;&nbsp;&nbsp;91336 |
| OceanaGold Corp. | 11200 | 239098 |
| Onex Corp. | &nbsp;&nbsp;1890 | 167706 |
| Open Text Corp. | &nbsp;&nbsp;4797 | 179306 |
| OR Royalties, Inc. | &nbsp;&nbsp;6095 | 244291 |
| Organigram Global, Inc. (A) | &nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp;4523 |
| Orla Mining, Ltd. (A) | &nbsp;&nbsp;9340 | 100735 |
| Paramount Resources, Ltd., Class A | &nbsp;&nbsp;2973 | &nbsp;&nbsp;&nbsp;48001 |
| Parex Resources, Inc. | &nbsp;&nbsp;3328 | &nbsp;&nbsp;&nbsp;43498 |
| Parkland Corp. | &nbsp;&nbsp;5019 | 138846 |
| Pason Systems, Inc. | &nbsp;&nbsp;3936 | &nbsp;&nbsp;&nbsp;34165 |
| Pet Valu Holdings, Ltd. | &nbsp;&nbsp;1755 | &nbsp;&nbsp;&nbsp;45385 |
| Peyto Exploration & Development Corp. (C) | &nbsp;&nbsp;6197 | &nbsp;&nbsp;&nbsp;80730 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Canada (continued)** |  |  |
| PHX Energy Services Corp. | &nbsp;&nbsp;2600 | $&nbsp;&nbsp;&nbsp;14778 |
| Pine Cliff Energy, Ltd. (C) | 11000 | &nbsp;&nbsp;&nbsp;&nbsp;4980 |
| Pizza Pizza Royalty Corp. | &nbsp;&nbsp;1729 | &nbsp;&nbsp;&nbsp;19095 |
| Polaris Renewable Energy, Inc. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;14648 |
| Pollard Banknote, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;16527 |
| PrairieSky Royalty, Ltd. | &nbsp;&nbsp;9927 | 184174 |
| Precision Drilling Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;21514 |
| Premium Brands Holdings Corp. | &nbsp;&nbsp;1800 | 120867 |
| Quarterhill, Inc. (A) | &nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp;7394 |
| Quebecor, Inc., Class B | &nbsp;&nbsp;4995 | 157276 |
| Questerre Energy Corp., Class A (A)(C) | 19444 | &nbsp;&nbsp;&nbsp;&nbsp;4750 |
| Real Matters, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;1571 |
| RF Capital Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;2633 |
| Richelieu Hardware, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;49134 |
| Rogers Sugar, Inc. (C) | &nbsp;&nbsp;6474 | &nbsp;&nbsp;&nbsp;29632 |
| Russel Metals, Inc. | &nbsp;&nbsp;1946 | &nbsp;&nbsp;&nbsp;58281 |
| Sandstorm Gold, Ltd. | &nbsp;&nbsp;8872 | 111051 |
| Sandstorm Gold, Ltd. (New York Stock Exchange) | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;50080 |
| Savaria Corp. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;33318 |
| Seabridge Gold, Inc. (A) | &nbsp;&nbsp;3862 | &nbsp;&nbsp;&nbsp;93158 |
| Secure Waste Infrastructure Corp. | 10077 | 143512 |
| Sienna Senior Living, Inc. (C) | &nbsp;&nbsp;3606 | &nbsp;&nbsp;&nbsp;48324 |
| South Bow Corp. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;48104 |
| Spartan Delta Corp. (A) | &nbsp;&nbsp;1796 | &nbsp;&nbsp;&nbsp;&nbsp;6982 |
| Spin Master Corp. (D) | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;19325 |
| Sprott, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;929 | &nbsp;&nbsp;&nbsp;77213 |
| Stella-Jones, Inc. | &nbsp;&nbsp;2269 | 129468 |
| Strathcona Resources, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp;9916 |
| Superior Plus Corp. | &nbsp;&nbsp;7557 | &nbsp;&nbsp;&nbsp;42843 |
| Surge Energy, Inc. | &nbsp;&nbsp;2103 | &nbsp;&nbsp;&nbsp;10699 |
| Tamarack Valley Energy, Ltd. | 18228 | &nbsp;&nbsp;&nbsp;79241 |
| Taseko Mines, Ltd. (A) | 16100 | &nbsp;&nbsp;&nbsp;68255 |
| TELUS Corp. | &nbsp;&nbsp;1433 | &nbsp;&nbsp;&nbsp;22571 |
| TerraVest Industries, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;60056 |
| The Boyd Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;660 | 111314 |
| The North West Company, Inc. | &nbsp;&nbsp;2333 | &nbsp;&nbsp;&nbsp;80164 |
| Tidewater Midstream and Infrastructure, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;1477 |
| Tilray Brands, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 |
| Timbercreek Financial Corp. | &nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;32248 |
| TLC Vision Corp. (A)(B) | &nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Topaz Energy Corp. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;37120 |
| Torex Gold Resources, Inc. (A) | &nbsp;&nbsp;3673 | 152652 |
| Toromont Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;74390 |
| Total Energy Services, Inc. | &nbsp;&nbsp;3132 | &nbsp;&nbsp;&nbsp;32407 |
| TransAlta Corp. | 10982 | 150009 |
| Transcontinental, Inc., Class A | &nbsp;&nbsp;3383 | &nbsp;&nbsp;&nbsp;47815 |
| Trevali Mining Corp. (A)(B) | &nbsp;&nbsp;3713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Trican Well Service, Ltd. (C) | &nbsp;&nbsp;7825 | &nbsp;&nbsp;&nbsp;34692 |
| Triple Flag Precious Metals Corp. | &nbsp;&nbsp;2063 | &nbsp;&nbsp;&nbsp;60391 |
| Trisura Group, Ltd. (A) | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;57898 |
| Vecima Networks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;3524 |
| Vermilion Energy, Inc. (C) | &nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;35929 |
| Wajax Corp. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;22605 |
| Well Health Technologies Corp. (A) | &nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;24007 |
| Wesdome Gold Mines, Ltd. (A) | &nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;96584 |
| Western Copper & Gold Corp. (A) | &nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;10709 |
| Western Forest Products, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;861 | &nbsp;&nbsp;&nbsp;&nbsp;7480 |
| Westshore Terminals Investment Corp. | &nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;26641 |
| Whitecap Resources, Inc. | &nbsp;&nbsp;9454 | &nbsp;&nbsp;&nbsp;72134 |
| Whitecap Resources, Inc. (Toronto Stock Exchange) | 28739 | 219306 |
| Winpak, Ltd. | &nbsp;&nbsp;1677 | &nbsp;&nbsp;&nbsp;49140 |
| Yellow Pages, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;1130 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Canada (continued)** |  |  |
| Zenith Capital Corp. (A) | &nbsp;&nbsp;1700 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170 |
|  |  | 13851864 |
| **Denmark - 2.5%** |  |  |
| ALK-Abello A/S (A) | &nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp;173159 |
| Alm Brand A/S | 33083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92337 |
| Ambu A/S, Class B | &nbsp;&nbsp;7931 | &nbsp;&nbsp;&nbsp;&nbsp;116681 |
| Bang & Olufsen A/S (A) | &nbsp;&nbsp;7788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15750 |
| Bavarian Nordic A/S (A) | &nbsp;&nbsp;2530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91259 |
| CBrain A/S (C) | &nbsp;&nbsp;&nbsp;&nbsp;389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11094 |
| Chemometec A/S | &nbsp;&nbsp;&nbsp;&nbsp;801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79046 |
| Columbus A/S | &nbsp;&nbsp;6187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10016 |
| D/S Norden A/S | &nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32378 |
| Demant A/S (A) | &nbsp;&nbsp;1064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37040 |
| Dfds A/S (A) | &nbsp;&nbsp;1767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26987 |
| FLSmidth & Company A/S | &nbsp;&nbsp;1567 | &nbsp;&nbsp;&nbsp;&nbsp;110309 |
| GN Store Nord A/S (A) | &nbsp;&nbsp;3264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55290 |
| H Lundbeck A/S | 12897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93809 |
| H+H International A/S, Class B (A) | &nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17559 |
| INVISIO AB | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18126 |
| ISS A/S | &nbsp;&nbsp;5640 | &nbsp;&nbsp;&nbsp;&nbsp;178713 |
| Jeudan A/S | &nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12221 |
| Jyske Bank A/S | &nbsp;&nbsp;1691 | &nbsp;&nbsp;&nbsp;&nbsp;188823 |
| Lan & Spar Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp;198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30586 |
| Matas A/S | &nbsp;&nbsp;1442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29513 |
| Netcompany Group A/S (A)(D) | &nbsp;&nbsp;1467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55944 |
| Nilfisk Holding A/S (A) | &nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21321 |
| NKT A/S (A) | &nbsp;&nbsp;2207 | &nbsp;&nbsp;&nbsp;&nbsp;214650 |
| NNIT A/S (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4469 |
| NTG Nordic Transport Group A/S (A) | &nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18565 |
| Per Aarsleff Holding A/S | &nbsp;&nbsp;&nbsp;&nbsp;584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63103 |
| Ringkjoebing Landbobank A/S | &nbsp;&nbsp;&nbsp;&nbsp;938 | &nbsp;&nbsp;&nbsp;&nbsp;217967 |
| ROCKWOOL A/S, A Shares | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48425 |
| ROCKWOOL A/S, B Shares | &nbsp;&nbsp;1808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67405 |
| Royal Unibrew A/S | &nbsp;&nbsp;1886 | &nbsp;&nbsp;&nbsp;&nbsp;144054 |
| Scandinavian Tobacco Group A/S (D) | &nbsp;&nbsp;2440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33677 |
| Schouw & Company A/S | &nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36957 |
| Solar A/S, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13045 |
| SP Group A/S | &nbsp;&nbsp;&nbsp;&nbsp;368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15602 |
| Sparekassen Sjaelland-Fyn A/S | &nbsp;&nbsp;&nbsp;&nbsp;759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40955 |
| Sydbank A/S | &nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;&nbsp;168416 |
| TCM Group A/S | &nbsp;&nbsp;&nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5884 |
| Tivoli A/S | &nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9516 |
| UIE PLC | &nbsp;&nbsp;1062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48950 |
| Vestjysk Bank A/S | 22473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17832 |
| Zealand Pharma A/S (A) | &nbsp;&nbsp;1071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78981 |
|  |  | &nbsp;&nbsp;&nbsp;2746414 |
| **Finland - 2.8%** |  |  |
| Aktia Bank OYJ | &nbsp;&nbsp;2136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25092 |
| Alma Media OYJ | &nbsp;&nbsp;1962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33046 |
| Bittium OYJ | &nbsp;&nbsp;2708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48034 |
| Citycon OYJ (A) | &nbsp;&nbsp;4136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15912 |
| Elisa OYJ | &nbsp;&nbsp;3609 | &nbsp;&nbsp;&nbsp;&nbsp;189431 |
| Enento Group OYJ (D) | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15338 |
| EQ OYJ | &nbsp;&nbsp;&nbsp;&nbsp;483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6812 |
| Finnair OYJ (A) | &nbsp;&nbsp;6510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22021 |
| Fiskars OYJ ABP | &nbsp;&nbsp;2196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31500 |
| Harvia OYJ | &nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27070 |
| Hiab OYJ | &nbsp;&nbsp;1532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89509 |
| HKFoods OYJ (A) | &nbsp;&nbsp;&nbsp;&nbsp;316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546 |
| Huhtamaki OYJ | &nbsp;&nbsp;3346 | &nbsp;&nbsp;&nbsp;&nbsp;116108 |
| Kalmar OYJ, B Shares | &nbsp;&nbsp;1532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60847 |
| Kamux Corp. | &nbsp;&nbsp;1688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3968 |
| Kemira OYJ | &nbsp;&nbsp;4412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99056 |
| Kesko OYJ, A Shares | &nbsp;&nbsp;2102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45088 |
| Kesko OYJ, B Shares | &nbsp;&nbsp;6750 | &nbsp;&nbsp;&nbsp;&nbsp;143653 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Finland (continued)** |  |  |
| Kojamo OYJ (A) | &nbsp;&nbsp;4092 | $&nbsp;&nbsp;&nbsp;&nbsp;52194 |
| Konecranes OYJ | &nbsp;&nbsp;2704 | &nbsp;&nbsp;&nbsp;&nbsp;223863 |
| Lassila & Tikanoja OYJ | &nbsp;&nbsp;1929 | &nbsp;&nbsp;&nbsp;&nbsp;23673 |
| Lindex Group OYJ (A) | &nbsp;&nbsp;3912 | &nbsp;&nbsp;&nbsp;&nbsp;13186 |
| Mandatum OYJ | 11066 | &nbsp;&nbsp;&nbsp;&nbsp;74264 |
| Marimekko OYJ | &nbsp;&nbsp;1923 | &nbsp;&nbsp;&nbsp;&nbsp;28296 |
| Metsa Board OYJ, B Shares | &nbsp;&nbsp;6636 | &nbsp;&nbsp;&nbsp;&nbsp;23391 |
| Metso OYJ | 11455 | &nbsp;&nbsp;&nbsp;&nbsp;157899 |
| Nokian Renkaat OYJ (C) | &nbsp;&nbsp;4287 | &nbsp;&nbsp;&nbsp;&nbsp;38806 |
| Olvi OYJ, A Shares | &nbsp;&nbsp;&nbsp;&nbsp;721 | &nbsp;&nbsp;&nbsp;&nbsp;25372 |
| Oma Saastopankki OYJ | &nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6609 |
| Oriola OYJ, B Shares | &nbsp;&nbsp;9290 | &nbsp;&nbsp;&nbsp;&nbsp;12579 |
| Orion OYJ, Class A | &nbsp;&nbsp;1010 | &nbsp;&nbsp;&nbsp;&nbsp;77109 |
| Orion OYJ, Class B | &nbsp;&nbsp;4839 | &nbsp;&nbsp;&nbsp;&nbsp;371508 |
| Outokumpu OYJ | 11396 | &nbsp;&nbsp;&nbsp;&nbsp;52110 |
| Pihlajalinna OYJ | &nbsp;&nbsp;1193 | &nbsp;&nbsp;&nbsp;&nbsp;22457 |
| Ponsse OYJ | &nbsp;&nbsp;&nbsp;&nbsp;543 | &nbsp;&nbsp;&nbsp;&nbsp;16976 |
| Puuilo OYJ | &nbsp;&nbsp;3674 | &nbsp;&nbsp;&nbsp;&nbsp;64102 |
| QT Group OYJ (A) | &nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp;41430 |
| Raisio OYJ, V Shares | &nbsp;&nbsp;8267 | &nbsp;&nbsp;&nbsp;&nbsp;23812 |
| Rapala VMC OYJ (A) | &nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1271 |
| Revenio Group OYJ | &nbsp;&nbsp;&nbsp;&nbsp;802 | &nbsp;&nbsp;&nbsp;&nbsp;21804 |
| Sampo OYJ, A Shares | &nbsp;&nbsp;9122 | &nbsp;&nbsp;&nbsp;&nbsp;104517 |
| Sanoma OYJ | &nbsp;&nbsp;2692 | &nbsp;&nbsp;&nbsp;&nbsp;33787 |
| Stora Enso OYJ, R Shares | 11015 | &nbsp;&nbsp;&nbsp;&nbsp;121219 |
| Taaleri OYJ | &nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8142 |
| Talenom OYJ | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2609 |
| Terveystalo OYJ (D) | &nbsp;&nbsp;4887 | &nbsp;&nbsp;&nbsp;&nbsp;58186 |
| TietoEVRY OYJ | &nbsp;&nbsp;3237 | &nbsp;&nbsp;&nbsp;&nbsp;58582 |
| Tokmanni Group Corp. | &nbsp;&nbsp;1481 | &nbsp;&nbsp;&nbsp;&nbsp;15812 |
| Vaisala OYJ, A Shares | &nbsp;&nbsp;&nbsp;&nbsp;952 | &nbsp;&nbsp;&nbsp;&nbsp;49807 |
| Valmet OYJ | &nbsp;&nbsp;5558 | &nbsp;&nbsp;&nbsp;&nbsp;185180 |
| Verkkokauppa.com OYJ (A) | &nbsp;&nbsp;1047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4545 |
| WithSecure OYJ (A) | &nbsp;&nbsp;7159 | &nbsp;&nbsp;&nbsp;&nbsp;14277 |
| YIT OYJ (A) | &nbsp;&nbsp;8449 | &nbsp;&nbsp;&nbsp;&nbsp;29572 |
|  |  | 3031977 |
| **France - 5.1%** |  |  |
| 74Software SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp;19707 |
| AKWEL SADIR | &nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8390 |
| Alstom SA (A) | &nbsp;&nbsp;8797 | &nbsp;&nbsp;&nbsp;&nbsp;230187 |
| Altamir | &nbsp;&nbsp;&nbsp;&nbsp;752 | &nbsp;&nbsp;&nbsp;&nbsp;21357 |
| Alten SA | &nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp;67395 |
| Arkema SA | &nbsp;&nbsp;1679 | &nbsp;&nbsp;&nbsp;&nbsp;106462 |
| Ayvens SA (D) | &nbsp;&nbsp;5316 | &nbsp;&nbsp;&nbsp;&nbsp;64420 |
| Bastide le Confort Medical (A) | &nbsp;&nbsp;&nbsp;&nbsp;256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7632 |
| Beneteau SACA | &nbsp;&nbsp;2130 | &nbsp;&nbsp;&nbsp;&nbsp;21667 |
| Boiron SA | &nbsp;&nbsp;&nbsp;&nbsp;274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9005 |
| Bonduelle SCA | &nbsp;&nbsp;1027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9920 |
| Carrefour SA | 10435 | &nbsp;&nbsp;&nbsp;&nbsp;158140 |
| Catana Group | &nbsp;&nbsp;1588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6025 |
| Cegedim SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6261 |
| Cie des Alpes | &nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp;&nbsp;&nbsp;25035 |
| Claranova SE (A) | &nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2455 |
| Clariane SE (A) | &nbsp;&nbsp;9440 | &nbsp;&nbsp;&nbsp;&nbsp;52794 |
| Coface SA | &nbsp;&nbsp;5060 | &nbsp;&nbsp;&nbsp;&nbsp;94613 |
| Derichebourg SA | &nbsp;&nbsp;3889 | &nbsp;&nbsp;&nbsp;&nbsp;24130 |
| Edenred SE | &nbsp;&nbsp;3291 | &nbsp;&nbsp;&nbsp;&nbsp;78374 |
| Ekinops SAS (A) | &nbsp;&nbsp;1302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4826 |
| Electricite de Strasbourg SA | &nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5870 |
| Elior Group SA (A)(D) | &nbsp;&nbsp;2910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9063 |
| Elis SA | &nbsp;&nbsp;7848 | &nbsp;&nbsp;&nbsp;&nbsp;226527 |
| Eramet SA (C) | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;35039 |
| Esso SA Francaise | &nbsp;&nbsp;&nbsp;&nbsp;96 | &nbsp;&nbsp;&nbsp;&nbsp;11460 |
| Etablissements Maurel et Prom SA | &nbsp;&nbsp;4375 | &nbsp;&nbsp;&nbsp;&nbsp;25220 |
| Eurazeo SE | &nbsp;&nbsp;1843 | &nbsp;&nbsp;&nbsp;&nbsp;121857 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **France (continued)** |  |  |
| Eutelsat Communications SACA (A)(C) | &nbsp;&nbsp;6192 | $&nbsp;&nbsp;&nbsp;24948 |
| Exel Industries SA, A Shares | &nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp;3731 |
| FDJ UNITED | &nbsp;&nbsp;4245 | 142344 |
| Fnac Darty SA | &nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;26759 |
| Forvia SE (A) | &nbsp;&nbsp;4253 | &nbsp;&nbsp;&nbsp;57566 |
| Gaztransport Et Technigaz SA | &nbsp;&nbsp;1530 | 284123 |
| Getlink SE | &nbsp;&nbsp;3464 | &nbsp;&nbsp;&nbsp;63874 |
| Groupe Crit SA | &nbsp;&nbsp;&nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;11526 |
| Guerbet (A) | &nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;&nbsp;&nbsp;5061 |
| Haulotte Group SA | &nbsp;&nbsp;&nbsp;&nbsp;962 | &nbsp;&nbsp;&nbsp;&nbsp;2281 |
| ID Logistics Group SACA (A) | &nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;76706 |
| Imerys SA | &nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;39025 |
| Infotel SA | &nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;17583 |
| Interparfums SA | &nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;&nbsp;10784 |
| Ipsen SA | &nbsp;&nbsp;&nbsp;&nbsp;674 | &nbsp;&nbsp;&nbsp;90502 |
| IPSOS SA | &nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;77076 |
| Jacquet Metals SACA | &nbsp;&nbsp;1024 | &nbsp;&nbsp;&nbsp;22856 |
| JCDecaux SE | &nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;33066 |
| Kaufman & Broad SA | &nbsp;&nbsp;&nbsp;&nbsp;593 | &nbsp;&nbsp;&nbsp;20760 |
| Laurent-Perrier | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;11314 |
| LISI SA | &nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;22789 |
| LNA Sante SA | &nbsp;&nbsp;&nbsp;&nbsp;166 | &nbsp;&nbsp;&nbsp;&nbsp;5058 |
| Maisons du Monde SA (A)(D) | &nbsp;&nbsp;1925 | &nbsp;&nbsp;&nbsp;&nbsp;4222 |
| Manitou BF SA | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;11661 |
| Mersen SA | &nbsp;&nbsp;1063 | &nbsp;&nbsp;&nbsp;31505 |
| Metropole Television SA | &nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;19894 |
| Nacon SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441 |
| Nexans SA | &nbsp;&nbsp;1314 | 195673 |
| Nexity SA (A) | &nbsp;&nbsp;1974 | &nbsp;&nbsp;&nbsp;25676 |
| NRJ Group | &nbsp;&nbsp;&nbsp;&nbsp;782 | &nbsp;&nbsp;&nbsp;&nbsp;7057 |
| Opmobility | &nbsp;&nbsp;2278 | &nbsp;&nbsp;&nbsp;36749 |
| OVH Groupe SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 |
| Pierre Et Vacances SA (A) | 10785 | &nbsp;&nbsp;&nbsp;21496 |
| Pluxee NV | &nbsp;&nbsp;2176 | &nbsp;&nbsp;&nbsp;38764 |
| Quadient SA | &nbsp;&nbsp;1652 | &nbsp;&nbsp;&nbsp;25490 |
| Remy Cointreau SA | &nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;&nbsp;10249 |
| Renault SA | &nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;35033 |
| Rexel SA | &nbsp;&nbsp;8582 | 282548 |
| Robertet SA | &nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;11207 |
| Rubis SCA | &nbsp;&nbsp;3578 | 134147 |
| Samse SACA | &nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;7045 |
| Savencia SA | &nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;26941 |
| SCOR SE | &nbsp;&nbsp;6971 | 246538 |
| SEB SA | &nbsp;&nbsp;1048 | &nbsp;&nbsp;&nbsp;77383 |
| Seche Environnement SACA | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;10901 |
| SMCP SA (A)(D) | &nbsp;&nbsp;1921 | &nbsp;&nbsp;&nbsp;14750 |
| Societe BIC SA | &nbsp;&nbsp;1106 | &nbsp;&nbsp;&nbsp;69082 |
| Societe LDC SADIR | &nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;33151 |
| Sodexo SA | &nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;64167 |
| SOITEC (A) | &nbsp;&nbsp;&nbsp;&nbsp;623 | &nbsp;&nbsp;&nbsp;28598 |
| Sopra Steria Group | &nbsp;&nbsp;&nbsp;&nbsp;690 | 131697 |
| SPIE SA | &nbsp;&nbsp;5882 | 317991 |
| Stef SA | &nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;28550 |
| Synergie SE | &nbsp;&nbsp;&nbsp;&nbsp;557 | &nbsp;&nbsp;&nbsp;20874 |
| Technip Energies NV | &nbsp;&nbsp;6139 | 289723 |
| Teleperformance SE | &nbsp;&nbsp;1915 | 143038 |
| Television Francaise 1 SA | &nbsp;&nbsp;1491 | &nbsp;&nbsp;&nbsp;15203 |
| Thermador Groupe | &nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;39610 |
| Tikehau Capital SCA | &nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;33589 |
| Trigano SA | &nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;69154 |
| Ubisoft Entertainment SA (A) | &nbsp;&nbsp;3448 | &nbsp;&nbsp;&nbsp;39606 |
| Valeo SE | &nbsp;&nbsp;8798 | 110951 |
| Vallourec SACA | &nbsp;&nbsp;7651 | 146041 |
| Vetoquinol SA | &nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;9515 |
| Vicat SACA | &nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;66309 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **France (continued)** |  |  |
| VIEL & Cie SA | &nbsp;&nbsp;&nbsp;&nbsp;670 | $&nbsp;&nbsp;&nbsp;&nbsp;13322 |
| Virbac SACA | &nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;24837 |
| Viridien (A) | &nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;&nbsp;32010 |
| Vivendi SE (A) | 21868 | &nbsp;&nbsp;&nbsp;&nbsp;77208 |
| Voltalia SA (A)(C) | &nbsp;&nbsp;1403 | &nbsp;&nbsp;&nbsp;&nbsp;12363 |
| VusionGroup | &nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp;23145 |
| Wavestone | &nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7605 |
| Worldline SA (A)(C)(D) | &nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp;17667 |
|  |  | 5644474 |
| **Georgia - 0.1%** |  |  |
| Georgia Capital PLC (A) | &nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;37198 |
| TBC Bank Group PLC | &nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp;121382 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;158580 |
| **Germany - 5.7%** |  |  |
| 1&1 AG | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;20812 |
| 7C Solarparken AG (A) | &nbsp;&nbsp;2406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4723 |
| Adesso SE | &nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;23861 |
| Adtran Networks SE | &nbsp;&nbsp;&nbsp;&nbsp;804 | &nbsp;&nbsp;&nbsp;&nbsp;20294 |
| All for One Group SE | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949 |
| Allgeier SE (C) | &nbsp;&nbsp;&nbsp;&nbsp;498 | &nbsp;&nbsp;&nbsp;&nbsp;10829 |
| AlzChem Group AG | &nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp;77690 |
| Amadeus Fire AG (C) | &nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;15521 |
| Atoss Software SE | &nbsp;&nbsp;&nbsp;&nbsp;436 | &nbsp;&nbsp;&nbsp;&nbsp;56395 |
| Aurubis AG | &nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;167831 |
| Auto1 Group SE (A) | &nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;39341 |
| Basler AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;486 | &nbsp;&nbsp;&nbsp;&nbsp;10185 |
| BayWa AG (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6339 |
| Bechtle AG | &nbsp;&nbsp;3835 | &nbsp;&nbsp;&nbsp;&nbsp;177288 |
| Bertrandt AG | &nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8610 |
| Bijou Brigitte AG | &nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp;16176 |
| Bilfinger SE | &nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp;151879 |
| Borussia Dortmund GmbH & Company KGaA | &nbsp;&nbsp;4276 | &nbsp;&nbsp;&nbsp;&nbsp;18185 |
| BRANICKS Group AG (A)(C) | &nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6935 |
| Brenntag SE | &nbsp;&nbsp;1821 | &nbsp;&nbsp;&nbsp;&nbsp;109119 |
| CANCOM SE | &nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9667 |
| Carl Zeiss Meditec AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9079 |
| CECONOMY AG (A) | &nbsp;&nbsp;8144 | &nbsp;&nbsp;&nbsp;&nbsp;41998 |
| CENIT AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3931 |
| Cewe Stiftung & Company KGAA | &nbsp;&nbsp;&nbsp;&nbsp;268 | &nbsp;&nbsp;&nbsp;&nbsp;31478 |
| CTS Eventim AG & Company KGaA | &nbsp;&nbsp;1378 | &nbsp;&nbsp;&nbsp;&nbsp;135285 |
| Dermapharm Holding SE | &nbsp;&nbsp;&nbsp;&nbsp;849 | &nbsp;&nbsp;&nbsp;&nbsp;32448 |
| Deutsche Beteiligungs AG | &nbsp;&nbsp;&nbsp;&nbsp;631 | &nbsp;&nbsp;&nbsp;&nbsp;18272 |
| Deutsche EuroShop AG | &nbsp;&nbsp;&nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp;11200 |
| Deutsche Pfandbriefbank AG (D) | &nbsp;&nbsp;6014 | &nbsp;&nbsp;&nbsp;&nbsp;35463 |
| Deutsche Wohnen SE | &nbsp;&nbsp;&nbsp;&nbsp;952 | &nbsp;&nbsp;&nbsp;&nbsp;24257 |
| Deutz AG | &nbsp;&nbsp;3432 | &nbsp;&nbsp;&nbsp;&nbsp;36324 |
| Draegerwerk AG & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4928 |
| Duerr AG | &nbsp;&nbsp;2044 | &nbsp;&nbsp;&nbsp;&nbsp;48140 |
| DWS Group GmbH & Company KGaA (D) | &nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp;43900 |
| Eckert & Ziegler SE | &nbsp;&nbsp;2424 | &nbsp;&nbsp;&nbsp;&nbsp;50894 |
| Elmos Semiconductor SE | &nbsp;&nbsp;&nbsp;&nbsp;331 | &nbsp;&nbsp;&nbsp;&nbsp;32020 |
| ElringKlinger AG | &nbsp;&nbsp;2576 | &nbsp;&nbsp;&nbsp;&nbsp;13959 |
| Energiekontor AG | &nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp;23485 |
| Evonik Industries AG | &nbsp;&nbsp;4932 | &nbsp;&nbsp;&nbsp;&nbsp;85763 |
| Evotec SE (A) | &nbsp;&nbsp;1508 | &nbsp;&nbsp;&nbsp;&nbsp;11045 |
| Fielmann Group AG | &nbsp;&nbsp;1241 | &nbsp;&nbsp;&nbsp;&nbsp;74980 |
| flatexDEGIRO AG | &nbsp;&nbsp;4062 | &nbsp;&nbsp;&nbsp;&nbsp;133443 |
| Fraport AG Frankfurt Airport Services Worldwide (A) | &nbsp;&nbsp;1682 | &nbsp;&nbsp;&nbsp;&nbsp;145564 |
| Freenet AG | &nbsp;&nbsp;5085 | &nbsp;&nbsp;&nbsp;&nbsp;162689 |
| Friedrich Vorwerk Group SE | &nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;119142 |
| FUCHS SE | &nbsp;&nbsp;1198 | &nbsp;&nbsp;&nbsp;&nbsp;42931 |
| GEA Group AG | &nbsp;&nbsp;4017 | &nbsp;&nbsp;&nbsp;&nbsp;296986 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Germany (continued)** |  |  |
| Gerresheimer AG | &nbsp;&nbsp;1589 | $&nbsp;&nbsp;&nbsp;66195 |
| GFT Technologies SE | &nbsp;&nbsp;&nbsp;&nbsp;961 | &nbsp;&nbsp;&nbsp;20594 |
| GRENKE AG | &nbsp;&nbsp;&nbsp;&nbsp;983 | &nbsp;&nbsp;&nbsp;19228 |
| Heidelberger Druckmaschinen AG (A) | 18003 | &nbsp;&nbsp;&nbsp;47528 |
| HelloFresh SE (A) | &nbsp;&nbsp;6865 | &nbsp;&nbsp;&nbsp;59201 |
| Hensoldt AG | &nbsp;&nbsp;2642 | 344102 |
| Hoenle AG (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;4070 |
| Hornbach Holding AG & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;57311 |
| HUGO BOSS AG | &nbsp;&nbsp;1924 | &nbsp;&nbsp;&nbsp;91744 |
| Indus Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;19822 |
| Init Innovation in Traffic Systems SE | &nbsp;&nbsp;&nbsp;&nbsp;364 | &nbsp;&nbsp;&nbsp;21561 |
| Instone Real Estate Group SE (D) | &nbsp;&nbsp;2299 | &nbsp;&nbsp;&nbsp;23222 |
| IONOS Group SE (A) | &nbsp;&nbsp;&nbsp;&nbsp;273 | &nbsp;&nbsp;&nbsp;12776 |
| IVU Traffic Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;15726 |
| Jenoptik AG | &nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;45627 |
| JOST Werke SE (D) | &nbsp;&nbsp;&nbsp;&nbsp;517 | &nbsp;&nbsp;&nbsp;30191 |
| K+S AG | &nbsp;&nbsp;7752 | 105294 |
| KION Group AG | &nbsp;&nbsp;2944 | 199738 |
| Knaus Tabbert AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp;3752 |
| Koenig & Bauer AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;14822 |
| Krones AG | &nbsp;&nbsp;&nbsp;&nbsp;639 | &nbsp;&nbsp;&nbsp;93361 |
| KWS Saat SE & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;43352 |
| LANXESS AG | &nbsp;&nbsp;3724 | &nbsp;&nbsp;&nbsp;92725 |
| LEG Immobilien SE | &nbsp;&nbsp;3351 | 267068 |
| Leifheit AG | &nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp;7942 |
| Medios AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964 |
| MLP SE | &nbsp;&nbsp;4791 | &nbsp;&nbsp;&nbsp;41942 |
| Mutares SE & Company KGaA (C) | &nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;23190 |
| Nagarro SE | &nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;24107 |
| Nordex SE (A) | &nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;52655 |
| Norma Group SE | &nbsp;&nbsp;1576 | &nbsp;&nbsp;&nbsp;26523 |
| PATRIZIA SE | &nbsp;&nbsp;2719 | &nbsp;&nbsp;&nbsp;23001 |
| Puma SE | &nbsp;&nbsp;3370 | &nbsp;&nbsp;&nbsp;84016 |
| Rational AG | &nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;31331 |
| SAF-Holland SE | &nbsp;&nbsp;1157 | &nbsp;&nbsp;&nbsp;20157 |
| Salzgitter AG | &nbsp;&nbsp;&nbsp;&nbsp;712 | &nbsp;&nbsp;&nbsp;21592 |
| Schaeffler AG | &nbsp;&nbsp;2740 | &nbsp;&nbsp;&nbsp;18337 |
| Schott Pharma AG & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;10458 |
| Scout24 SE (D) | &nbsp;&nbsp;&nbsp;&nbsp;671 | &nbsp;&nbsp;&nbsp;84182 |
| Secunet Security Networks AG | &nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;22008 |
| SGL Carbon SE (A) | &nbsp;&nbsp;3072 | &nbsp;&nbsp;&nbsp;11401 |
| Siltronic AG | &nbsp;&nbsp;&nbsp;&nbsp;272 | &nbsp;&nbsp;&nbsp;14986 |
| Sixt SE | &nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;45594 |
| SMA Solar Technology AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;839 | &nbsp;&nbsp;&nbsp;21332 |
| Stabilus SE | &nbsp;&nbsp;&nbsp;&nbsp;794 | &nbsp;&nbsp;&nbsp;23077 |
| STRATEC SE | &nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp;8685 |
| Stroeer SE & Company KGaA | &nbsp;&nbsp;1436 | &nbsp;&nbsp;&nbsp;64043 |
| Suedzucker AG (C) | &nbsp;&nbsp;2959 | &nbsp;&nbsp;&nbsp;32565 |
| SUSS MicroTec SE | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;23129 |
| TAG Immobilien AG | &nbsp;&nbsp;7477 | 129356 |
| Takkt AG | &nbsp;&nbsp;1848 | &nbsp;&nbsp;&nbsp;10835 |
| TeamViewer SE (A)(D) | &nbsp;&nbsp;6009 | &nbsp;&nbsp;&nbsp;61360 |
| Technotrans SE | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;19299 |
| thyssenkrupp AG | 22583 | 311597 |
| TUI AG (A) | 16120 | 147092 |
| United Internet AG | &nbsp;&nbsp;3058 | &nbsp;&nbsp;&nbsp;96650 |
| Verbio SE | &nbsp;&nbsp;1012 | &nbsp;&nbsp;&nbsp;12730 |
| Vossloh AG | &nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;50524 |
| Wacker Chemie AG | &nbsp;&nbsp;&nbsp;&nbsp;591 | &nbsp;&nbsp;&nbsp;44734 |
| Wacker Neuson SE | &nbsp;&nbsp;1493 | &nbsp;&nbsp;&nbsp;38678 |
| Washtec AG (C) | &nbsp;&nbsp;&nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;27638 |
| Westwing Group SE (A) | &nbsp;&nbsp;&nbsp;&nbsp;132 | &nbsp;&nbsp;&nbsp;&nbsp;1886 |
| Wuestenrot & Wuerttembergische AG | &nbsp;&nbsp;1566 | &nbsp;&nbsp;&nbsp;24856 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Germany (continued)** |  |  |
| Zalando SE (A)(D) | &nbsp;&nbsp;&nbsp;6959 | $&nbsp;&nbsp;&nbsp;&nbsp;213560 |
|  |  | 6255255 |
| **Greece - 0.0%** |  |  |
| Alapis Holding Industrial and Commercial SA of Pharmaceutical Chemical Products (A)(B) | &nbsp;&nbsp;&nbsp;3303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Okeanis Eco Tankers Corp. (D) | &nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp;21580 |
| TT Hellenic Postbank SA (A)(B) | &nbsp;&nbsp;12594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21580 |
| **Guernsey, Channel Islands - 0.0%** |  |  |
| Raven Property Group, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;4994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **Hong Kong - 2.0%** |  |  |
| 3D-Gold Jewellery Holdings, Ltd. (A)(B) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| APAC Resources, Ltd. | &nbsp;&nbsp;20467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4265 |
| Apollo Future Mobility Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 |
| Asia Financial Holdings, Ltd. | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7652 |
| Associated International Hotels, Ltd. | &nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;19069 |
| Bright Smart Securities & Commodities Group, Ltd. (A)(C) | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;21062 |
| Brightoil Petroleum Holdings, Ltd. (A)(B) | 117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Burwill Holdings, Ltd. (A)(B) | 292000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Cafe de Coral Holdings, Ltd. | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;14954 |
| Chen Hsong Holdings | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2335 |
| Cheuk Nang Holdings, Ltd. | &nbsp;&nbsp;&nbsp;3708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 |
| China Energy Development Holdings, Ltd. (A) | 634000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2928 |
| China Solar Energy Holdings, Ltd. (A)(B) | &nbsp;&nbsp;42500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Chinese Estates Holdings, Ltd. | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3702 |
| Chow Sang Sang Holdings International, Ltd. | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp;39096 |
| Chuang's Consortium International, Ltd. (A) | &nbsp;&nbsp;30948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1389 |
| CITIC Telecom International Holdings, Ltd. | &nbsp;&nbsp;59000 | &nbsp;&nbsp;&nbsp;&nbsp;18414 |
| C-Mer Medical Holdings, Ltd. | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4696 |
| Cowell e Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;40027 |
| Crystal International Group, Ltd. (D) | &nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;16514 |
| CSC Holdings, Ltd. (A) | 885000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3298 |
| CSI Properties, Ltd. (A) | 343092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8395 |
| CTF Services, Ltd. | &nbsp;&nbsp;53000 | &nbsp;&nbsp;&nbsp;&nbsp;57335 |
| Dah Sing Banking Group, Ltd. | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;22659 |
| Dah Sing Financial Holdings, Ltd. | &nbsp;&nbsp;&nbsp;6520 | &nbsp;&nbsp;&nbsp;&nbsp;28428 |
| Deep Source Holdings, Ltd. (A) | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;12192 |
| DFI Retail Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;23149 |
| EC Healthcare | &nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1219 |
| EganaGoldpfeil Holdings, Ltd. (A)(B) | 103373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Esprit Holdings, Ltd. (A) | &nbsp;&nbsp;17685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3154 |
| Fairwood Holdings, Ltd. | &nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382 |
| Far East Consortium International, Ltd. | &nbsp;&nbsp;98508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9759 |
| First Pacific Company, Ltd. | &nbsp;&nbsp;76000 | &nbsp;&nbsp;&nbsp;&nbsp;63712 |
| Giordano International, Ltd. | &nbsp;&nbsp;82000 | &nbsp;&nbsp;&nbsp;&nbsp;16018 |
| Gold-Finance Holdings, Ltd. (A)(B) | &nbsp;&nbsp;62000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| GR Life Style Company, Ltd. (A) | &nbsp;&nbsp;82000 | &nbsp;&nbsp;&nbsp;&nbsp;20342 |
| Great Eagle Holdings, Ltd. | &nbsp;&nbsp;10516 | &nbsp;&nbsp;&nbsp;&nbsp;19262 |
| G-Resources Group, Ltd. | &nbsp;&nbsp;13580 | &nbsp;&nbsp;&nbsp;&nbsp;15834 |
| Guotai Junan International Holdings, Ltd. (C) | &nbsp;&nbsp;83000 | &nbsp;&nbsp;&nbsp;&nbsp;47729 |
| Hang Lung Group, Ltd. | &nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;58447 |
| Hang Lung Properties, Ltd. | &nbsp;&nbsp;35335 | &nbsp;&nbsp;&nbsp;&nbsp;39580 |
| Harbour Centre Development, Ltd. | &nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;21016 |
| HKR International, Ltd. (A) | &nbsp;&nbsp;51920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7131 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hong Kong (continued)** |  |  |
| Hong Kong Ferry Holdings Company, Ltd. | &nbsp;&nbsp;29000 | $18489 |
| Hong Kong Technology Venture Company, Ltd. | &nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;5564 |
| Hsin Chong Group Holdings, Ltd. (A)(B) | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Hutchison Port Holdings Trust | 161400 | 32303 |
| Hutchison Telecommunications Hong Kong Holdings, Ltd. | &nbsp;&nbsp;80000 | 11313 |
| Hysan Development Company, Ltd. | &nbsp;&nbsp;25000 | 51096 |
| Johnson Electric Holdings, Ltd. | &nbsp;&nbsp;10193 | 53330 |
| K Wah International Holdings, Ltd. | &nbsp;&nbsp;80000 | 21993 |
| Kerry Properties, Ltd. | &nbsp;&nbsp;23500 | 62856 |
| KLN Logistics Group, Ltd. | &nbsp;&nbsp;16500 | 15676 |
| Kowloon Development Company, Ltd. | &nbsp;&nbsp;24422 | 11450 |
| Lai Sun Development Company, Ltd. (A) | &nbsp;&nbsp;22980 | &nbsp;&nbsp;&nbsp;1895 |
| Langham Hospitality Investments, Ltd. | &nbsp;&nbsp;22500 | &nbsp;&nbsp;&nbsp;1416 |
| Liu Chong Hing Investment, Ltd. | &nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;9184 |
| Luk Fook Holdings International, Ltd. | &nbsp;&nbsp;15000 | 48047 |
| Man Wah Holdings, Ltd. | &nbsp;&nbsp;61600 | 34050 |
| Mandarin Oriental International, Ltd. | &nbsp;&nbsp;&nbsp;8000 | 18826 |
| Melco International Development, Ltd. (A) | &nbsp;&nbsp;33000 | 26653 |
| MH Development, Ltd. (A)(B) | &nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Midland Holdings, Ltd. (A) | &nbsp;&nbsp;34734 | &nbsp;&nbsp;&nbsp;8916 |
| Miramar Hotel & Investment | &nbsp;&nbsp;15000 | 18885 |
| Modern Dental Group, Ltd. | &nbsp;&nbsp;20000 | 13492 |
| New World Development Company, Ltd. (A) | &nbsp;&nbsp;38000 | 38110 |
| NewOcean Energy Holdings, Ltd. (A)(B) | &nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Nissin Foods Company, Ltd. | &nbsp;&nbsp;22000 | 19589 |
| Oriental Watch Holdings | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;7772 |
| Oshidori International Holdings, Ltd. (A) | 204000 | 13063 |
| Pacific Andes International Holdings, Ltd. (A)(B) | 328006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Pacific Basin Shipping, Ltd. | 138000 | 44427 |
| Pacific Textiles Holdings, Ltd. | &nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;8043 |
| PC Partner Group, Ltd. | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;9406 |
| PCCW, Ltd. | &nbsp;&nbsp;96590 | 66140 |
| Peace Mark Holdings, Ltd. (A)(B) | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Perfect Medical Health Management, Ltd. | &nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;5718 |
| Pico Far East Holdings, Ltd. | &nbsp;&nbsp;60000 | 20335 |
| Plover Bay Technologies, Ltd. | &nbsp;&nbsp;15000 | 13216 |
| Public Financial Holdings, Ltd. | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;3773 |
| Regal Hotels International Holdings, Ltd. (A) | &nbsp;&nbsp;36000 | &nbsp;&nbsp;&nbsp;2786 |
| Regina Miracle International Holdings, Ltd. (D) | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;4709 |
| Shangri-La Asia, Ltd. | &nbsp;&nbsp;46000 | 26873 |
| Shun Tak Holdings, Ltd. (A) | &nbsp;&nbsp;80250 | &nbsp;&nbsp;&nbsp;8548 |
| Singamas Container Holdings, Ltd. | 114000 | &nbsp;&nbsp;&nbsp;9818 |
| SJM Holdings, Ltd. (A)(C) | 118750 | 50632 |
| SmarTone Telecommunications Holdings, Ltd. | &nbsp;&nbsp;31500 | 18817 |
| Solomon Systech International, Ltd. (A) | &nbsp;&nbsp;72000 | &nbsp;&nbsp;&nbsp;5459 |
| South China Holdings Company, Ltd. (A) | 640000 | &nbsp;&nbsp;&nbsp;2776 |
| Stella International Holdings, Ltd. | &nbsp;&nbsp;20000 | 39455 |
| Sun Hung Kai & Company, Ltd. | &nbsp;&nbsp;45000 | 23014 |
| SUNeVision Holdings, Ltd. | &nbsp;&nbsp;31000 | 27354 |
| Television Broadcasts, Ltd. (A) | &nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;8444 |
| Texhong International Group, Ltd. | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;6932 |
| Texwinca Holdings, Ltd. | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;6004 |
| The Bank of East Asia, Ltd. | &nbsp;&nbsp;35959 | 55999 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hong Kong (continued)** |  |  |
| The Hongkong & Shanghai Hotels, Ltd. (A) | &nbsp;&nbsp;31903 | $&nbsp;&nbsp;&nbsp;&nbsp;23878 |
| Town Health International Medical Group, Ltd. | 261361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8889 |
| Tradelink Electronic Commerce, Ltd. | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6552 |
| Transport International Holdings, Ltd. | &nbsp;&nbsp;13024 | &nbsp;&nbsp;&nbsp;&nbsp;17668 |
| United Laboratories International Holdings, Ltd. | &nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;65803 |
| Upbest Group, Ltd. | 164000 | &nbsp;&nbsp;&nbsp;&nbsp;14741 |
| Value Partners Group, Ltd. | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;13570 |
| Vitasoy International Holdings, Ltd. | &nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;36875 |
| Vobile Group, Ltd. (A)(C) | &nbsp;&nbsp;73000 | &nbsp;&nbsp;&nbsp;&nbsp;56040 |
| VSTECS Holdings, Ltd. | &nbsp;&nbsp;17200 | &nbsp;&nbsp;&nbsp;&nbsp;23754 |
| VTech Holdings, Ltd. | &nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp;55602 |
| Wealthink AI-Innovation Capital, Ltd. (A) | &nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736 |
| Wing On Company International, Ltd. | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6926 |
| Wing Tai Properties, Ltd. | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;14200 |
| Xinyi Glass Holdings, Ltd. | &nbsp;&nbsp;47741 | &nbsp;&nbsp;&nbsp;&nbsp;55313 |
| Yue Yuen Industrial Holdings, Ltd. | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;51023 |
| Yunfeng Financial Group, Ltd. (A) | &nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp;17240 |
| Zhaobangji Lifestyle Holdings, Ltd. (A) | &nbsp;&nbsp;88000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2866 |
|  |  | 2162368 |
| **Ireland - 0.7%** |  |  |
| C&C Group PLC | &nbsp;&nbsp;17690 | &nbsp;&nbsp;&nbsp;&nbsp;32880 |
| Cairn Homes PLC | &nbsp;&nbsp;30473 | &nbsp;&nbsp;&nbsp;&nbsp;68693 |
| COSMO Pharmaceuticals NV | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;34318 |
| Dalata Hotel Group PLC | &nbsp;&nbsp;&nbsp;6155 | &nbsp;&nbsp;&nbsp;&nbsp;46277 |
| DCC PLC | &nbsp;&nbsp;&nbsp;2009 | &nbsp;&nbsp;&nbsp;&nbsp;129323 |
| FBD Holdings PLC | &nbsp;&nbsp;&nbsp;1936 | &nbsp;&nbsp;&nbsp;&nbsp;31919 |
| Glanbia PLC | &nbsp;&nbsp;&nbsp;6256 | &nbsp;&nbsp;&nbsp;&nbsp;103097 |
| Glenveagh Properties PLC (A)(D) | &nbsp;&nbsp;24326 | &nbsp;&nbsp;&nbsp;&nbsp;55387 |
| Grafton Group PLC, CHESS Depositary Interest | &nbsp;&nbsp;&nbsp;7751 | &nbsp;&nbsp;&nbsp;&nbsp;95367 |
| Greencore Group PLC | &nbsp;&nbsp;23988 | &nbsp;&nbsp;&nbsp;&nbsp;73768 |
| Irish Continental Group PLC | &nbsp;&nbsp;&nbsp;5309 | &nbsp;&nbsp;&nbsp;&nbsp;36040 |
| Permanent TSB Group Holdings PLC (A) | &nbsp;&nbsp;&nbsp;5786 | &nbsp;&nbsp;&nbsp;&nbsp;15738 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;722807 |
| **Isle of Man - 0.1%** |  |  |
| Playtech PLC | &nbsp;&nbsp;11001 | &nbsp;&nbsp;&nbsp;&nbsp;54663 |
| Strix Group PLC (A) | &nbsp;&nbsp;&nbsp;6042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3247 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;57910 |
| **Israel - 1.0%** |  |  |
| Adgar Investment and Development, Ltd. (A) | &nbsp;&nbsp;&nbsp;4535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6843 |
| AFI Properties, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp;11032 |
| Africa Israel Residences, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp;27896 |
| Airport City, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| Allot, Ltd. (A) | &nbsp;&nbsp;&nbsp;2103 | &nbsp;&nbsp;&nbsp;&nbsp;21848 |
| Alrov Properties and Lodgings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp;31556 |
| Arad, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;787 | &nbsp;&nbsp;&nbsp;&nbsp;12858 |
| Ashdod Refinery, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5837 |
| AudioCodes, Ltd. | &nbsp;&nbsp;&nbsp;1269 | &nbsp;&nbsp;&nbsp;&nbsp;12081 |
| Automatic Bank Services, Ltd. | &nbsp;&nbsp;&nbsp;1109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7808 |
| Azorim-Investment Development & Construction Company, Ltd. | &nbsp;&nbsp;&nbsp;3848 | &nbsp;&nbsp;&nbsp;&nbsp;23493 |
| Blue Square Real Estate, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp;23474 |
| Carasso Motors, Ltd. | &nbsp;&nbsp;&nbsp;2020 | &nbsp;&nbsp;&nbsp;&nbsp;24724 |
| Cellcom Israel, Ltd. (A) | &nbsp;&nbsp;&nbsp;2530 | &nbsp;&nbsp;&nbsp;&nbsp;25216 |
| Danel Adir Yeoshua, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;38758 |
| Delek Automotive Systems, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4663 |
| Delta Galil, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp;26012 |
| Dor Alon Energy in Israel 1988, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;16467 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Israel (continued)** |  |  |
| Doral Group Renewable Energy Resources, Ltd. (A) | &nbsp;&nbsp;3049 | $&nbsp;&nbsp;&nbsp;&nbsp;15616 |
| Duniec Brothers, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp;16239 |
| Electra Consumer Products 1970, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;15508 |
| Equital, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 |
| Fox Wizel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp;24137 |
| Gilat Satellite Networks, Ltd. (A) | &nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;&nbsp;18503 |
| Hamat Group, Ltd. | &nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5359 |
| IDI Insurance Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp;27147 |
| IES Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;10905 |
| Ilex Medical, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4247 |
| Inrom Construction Industries, Ltd. | &nbsp;&nbsp;4264 | &nbsp;&nbsp;&nbsp;&nbsp;28072 |
| Isracard, Ltd. | &nbsp;&nbsp;6691 | &nbsp;&nbsp;&nbsp;&nbsp;27028 |
| Israel Discount Bank, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 |
| Isras Investment Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;19951 |
| Issta, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7128 |
| Kamada, Ltd. | &nbsp;&nbsp;1616 | &nbsp;&nbsp;&nbsp;&nbsp;11268 |
| Kerur Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp;10736 |
| Kvutzat Acro, Ltd. | &nbsp;&nbsp;1118 | &nbsp;&nbsp;&nbsp;&nbsp;15726 |
| Land Development Nimrodi Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8766 |
| Lapidoth Capital, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;571 | &nbsp;&nbsp;&nbsp;&nbsp;13912 |
| M Yochananof & Sons, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp;12888 |
| Magic Software Enterprises, Ltd. | &nbsp;&nbsp;1349 | &nbsp;&nbsp;&nbsp;&nbsp;27413 |
| Malam - Team, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;&nbsp;&nbsp;17399 |
| Maytronics, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1343 |
| Mediterranean Towers, Ltd. | &nbsp;&nbsp;4044 | &nbsp;&nbsp;&nbsp;&nbsp;16554 |
| Meshulam Levinstein Contracting & Engineering, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7704 |
| Mivtach Shamir Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;243 | &nbsp;&nbsp;&nbsp;&nbsp;20185 |
| Nawi Group, Ltd. | &nbsp;&nbsp;1396 | &nbsp;&nbsp;&nbsp;&nbsp;21805 |
| Neto Malinda Trading, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;451 | &nbsp;&nbsp;&nbsp;&nbsp;18080 |
| Nexxen International, Ltd. (A)(C) | &nbsp;&nbsp;1412 | &nbsp;&nbsp;&nbsp;&nbsp;13061 |
| Novolog, Ltd. | 20186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 |
| Oil Refineries, Ltd. | 28946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7813 |
| OPC Energy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 |
| OY Nofar Energy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;443 | &nbsp;&nbsp;&nbsp;&nbsp;14099 |
| Palram Industries 1990, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;13907 |
| Perion Network, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6659 |
| Plasson Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp;14549 |
| Plus500, Ltd. | &nbsp;&nbsp;3252 | &nbsp;&nbsp;&nbsp;&nbsp;140942 |
| Prashkovsky Investments and Construction, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;318 | &nbsp;&nbsp;&nbsp;&nbsp;12803 |
| Priortech, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp;12958 |
| Rami Levy Chain Stores Hashikma Marketing 2006, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp;29780 |
| Retailors, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;748 | &nbsp;&nbsp;&nbsp;&nbsp;14502 |
| Sano-Brunos Enterprises, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp;15321 |
| Scope Metals Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp;17552 |
| Shikun & Binui, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| Summit Real Estate Holdings, Ltd. | &nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp;19744 |
| Tadiran Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4312 |
| Tamar Petroleum, Ltd. (D) | &nbsp;&nbsp;1923 | &nbsp;&nbsp;&nbsp;&nbsp;26390 |
| Telsys, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4863 |
| Tera Light, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 |
| Tiv Taam Holdings 1, Ltd. | &nbsp;&nbsp;3848 | &nbsp;&nbsp;&nbsp;&nbsp;10059 |
|  |  | 1131579 |
| **Italy - 3.7%** |  |  |
| A2A SpA | 61455 | &nbsp;&nbsp;&nbsp;&nbsp;160830 |
| ACEA SpA | &nbsp;&nbsp;1344 | &nbsp;&nbsp;&nbsp;&nbsp;32411 |
| Amplifon SpA | &nbsp;&nbsp;3025 | &nbsp;&nbsp;&nbsp;&nbsp;49338 |
| Aquafil SpA (A) | &nbsp;&nbsp;&nbsp;&nbsp;969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2152 |
| Arnoldo Mondadori Editore SpA | &nbsp;&nbsp;7965 | &nbsp;&nbsp;&nbsp;&nbsp;20084 |
| Ascopiave SpA | &nbsp;&nbsp;4243 | &nbsp;&nbsp;&nbsp;&nbsp;15200 |
| Avio SpA | &nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;&nbsp;18156 |
| Azimut Holding SpA | &nbsp;&nbsp;4425 | &nbsp;&nbsp;&nbsp;&nbsp;171439 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Italy (continued)** |  |  |
| Banca Generali SpA | &nbsp;&nbsp;&nbsp;2463 | $137675 |
| Banca IFIS SpA | &nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;16802 |
| Banca Monte dei Paschi di Siena SpA | &nbsp;&nbsp;21956 | 195369 |
| Banca Profilo SpA | &nbsp;&nbsp;24032 | &nbsp;&nbsp;&nbsp;&nbsp;4900 |
| Banco di Desio e della Brianza SpA | &nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;23613 |
| BasicNet SpA | &nbsp;&nbsp;&nbsp;1571 | &nbsp;&nbsp;&nbsp;13014 |
| BFF Bank SpA (A)(D) | &nbsp;&nbsp;&nbsp;6472 | &nbsp;&nbsp;&nbsp;83150 |
| Brembo NV | &nbsp;&nbsp;&nbsp;5497 | &nbsp;&nbsp;&nbsp;58182 |
| Brunello Cucinelli SpA | &nbsp;&nbsp;&nbsp;1628 | 178353 |
| Buzzi SpA | &nbsp;&nbsp;&nbsp;2278 | 125529 |
| Cairo Communication SpA (A) | &nbsp;&nbsp;&nbsp;4712 | &nbsp;&nbsp;&nbsp;15434 |
| Carel Industries SpA (D) | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;17346 |
| Cembre SpA | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;23632 |
| Cementir Holding NV | &nbsp;&nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;37072 |
| CIR SpA-Compagnie Industriali (A) | &nbsp;&nbsp;42681 | &nbsp;&nbsp;&nbsp;32767 |
| Credito Emiliano SpA | &nbsp;&nbsp;&nbsp;3091 | &nbsp;&nbsp;&nbsp;49901 |
| Danieli & C Officine Meccaniche SpA | &nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;10105 |
| Danieli & C Officine Meccaniche SpA, Savings Shares | &nbsp;&nbsp;&nbsp;2118 | &nbsp;&nbsp;&nbsp;76626 |
| De'Longhi SpA | &nbsp;&nbsp;&nbsp;1031 | &nbsp;&nbsp;&nbsp;37387 |
| Enav SpA (D) | &nbsp;&nbsp;10341 | &nbsp;&nbsp;&nbsp;52560 |
| ERG SpA | &nbsp;&nbsp;&nbsp;1359 | &nbsp;&nbsp;&nbsp;33556 |
| Esprinet SpA | &nbsp;&nbsp;&nbsp;2412 | &nbsp;&nbsp;&nbsp;16699 |
| Fila SpA | &nbsp;&nbsp;&nbsp;2245 | &nbsp;&nbsp;&nbsp;24599 |
| Fincantieri SpA (A) | &nbsp;&nbsp;&nbsp;3166 | &nbsp;&nbsp;&nbsp;83233 |
| Garofalo Health Care SpA | &nbsp;&nbsp;&nbsp;1776 | &nbsp;&nbsp;&nbsp;10480 |
| Geox SpA (A) | &nbsp;&nbsp;11885 | &nbsp;&nbsp;&nbsp;&nbsp;4425 |
| Hera SpA | &nbsp;&nbsp;33574 | 151169 |
| IMMSI SpA | &nbsp;&nbsp;&nbsp;6756 | &nbsp;&nbsp;&nbsp;&nbsp;4705 |
| Intercos SpA | &nbsp;&nbsp;&nbsp;1065 | &nbsp;&nbsp;&nbsp;15092 |
| Interpump Group SpA | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;23260 |
| Iren SpA | &nbsp;&nbsp;30720 | &nbsp;&nbsp;&nbsp;95181 |
| Italgas SpA | &nbsp;&nbsp;23782 | 219076 |
| Italmobiliare SpA | &nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;14549 |
| Iveco Group NV | &nbsp;&nbsp;&nbsp;7049 | 152747 |
| Lottomatica Group SpA | &nbsp;&nbsp;&nbsp;4956 | 133385 |
| Maire SpA | &nbsp;&nbsp;&nbsp;7306 | 108367 |
| MARR SpA | &nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp;&nbsp;10808 |
| MFE-MediaForEurope NV, Class A | &nbsp;&nbsp;&nbsp;6924 | &nbsp;&nbsp;&nbsp;25884 |
| MFE-MediaForEurope NV, Class A (Berlin Stock Exchange) | &nbsp;&nbsp;&nbsp;7138 | &nbsp;&nbsp;&nbsp;26031 |
| MFE-MediaForEurope NV, Class B | &nbsp;&nbsp;&nbsp;3783 | &nbsp;&nbsp;&nbsp;19281 |
| Moltiply Group SpA | &nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;20703 |
| Nexi SpA (D) | &nbsp;&nbsp;13328 | &nbsp;&nbsp;&nbsp;75507 |
| OVS SpA (D) | &nbsp;&nbsp;&nbsp;5774 | &nbsp;&nbsp;&nbsp;28479 |
| Pharmanutra SpA | &nbsp;&nbsp;&nbsp;&nbsp;268 | &nbsp;&nbsp;&nbsp;12492 |
| Piaggio & C SpA | &nbsp;&nbsp;&nbsp;4580 | &nbsp;&nbsp;&nbsp;10559 |
| Pirelli & C. SpA (D) | &nbsp;&nbsp;12309 | &nbsp;&nbsp;&nbsp;84017 |
| RAI Way SpA (D) | &nbsp;&nbsp;&nbsp;5678 | &nbsp;&nbsp;&nbsp;40219 |
| Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;42908 |
| Reply SpA | &nbsp;&nbsp;&nbsp;1004 | 143316 |
| Sabaf SpA | &nbsp;&nbsp;&nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp;5466 |
| Safilo Group SpA (A) | &nbsp;&nbsp;&nbsp;8728 | &nbsp;&nbsp;&nbsp;16707 |
| Saipem SpA | &nbsp;&nbsp;62658 | 181387 |
| Sanlorenzo SpA | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;23007 |
| Sesa SpA | &nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;10496 |
| Sogefi SpA | &nbsp;&nbsp;&nbsp;3551 | &nbsp;&nbsp;&nbsp;10884 |
| SOL SpA | &nbsp;&nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;68225 |
| Tamburi Investment Partners SpA | &nbsp;&nbsp;&nbsp;4666 | &nbsp;&nbsp;&nbsp;45818 |
| Technogym SpA (D) | &nbsp;&nbsp;&nbsp;4677 | &nbsp;&nbsp;&nbsp;79422 |
| Telecom Italia SpA (A) | 374631 | 196285 |
| Telecom Italia SpA, Savings Shares (A) | 111439 | &nbsp;&nbsp;&nbsp;64590 |
| Webuild SpA | &nbsp;&nbsp;14544 | &nbsp;&nbsp;&nbsp;60547 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Italy (continued)** |  |  |
| Wiit SpA | &nbsp;&nbsp;839 | $&nbsp;&nbsp;&nbsp;&nbsp;19188 |
|  |  | 4071776 |
| **Japan - 22.5%** |  |  |
| A&D HOLON Holdings Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;12319 |
| Achilles Corp. | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 |
| ADEKA Corp. | 3600 | &nbsp;&nbsp;&nbsp;&nbsp;80197 |
| Ad-sol Nissin Corp. | 1600 | &nbsp;&nbsp;&nbsp;&nbsp;14479 |
| Advan Group Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5951 |
| Aeon Fantasy Company, Ltd. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9855 |
| AEON Financial Service Company, Ltd. | 4300 | &nbsp;&nbsp;&nbsp;&nbsp;43766 |
| Aeon Hokkaido Corp. | 1800 | &nbsp;&nbsp;&nbsp;&nbsp;10951 |
| Ai Holdings Corp. | 1900 | &nbsp;&nbsp;&nbsp;&nbsp;35970 |
| Aica Kogyo Company, Ltd. | 1800 | &nbsp;&nbsp;&nbsp;&nbsp;45282 |
| Aichi Corp. | 1800 | &nbsp;&nbsp;&nbsp;&nbsp;16609 |
| Aichi Steel Corp. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;14568 |
| Aichi Tokei Denki Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;17008 |
| Aida Engineering, Ltd. | 2700 | &nbsp;&nbsp;&nbsp;&nbsp;17054 |
| Aiful Corp. | 8600 | &nbsp;&nbsp;&nbsp;&nbsp;28955 |
| Ain Holdings, Inc. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;51938 |
| Aiphone Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;11619 |
| Airman Corp. | 1200 | &nbsp;&nbsp;&nbsp;&nbsp;15891 |
| Airport Facilities Company, Ltd. | 1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8555 |
| Airtrip Corp. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5956 |
| Aisan Industry Company, Ltd. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;10128 |
| Akatsuki, Inc. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7301 |
| Akebono Brake Industry Company, Ltd. (A) | 9400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7295 |
| Albis Company, Ltd. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9681 |
| Alconix Corp. | 1600 | &nbsp;&nbsp;&nbsp;&nbsp;22862 |
| Alfresa Holdings Corp. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;11453 |
| Alpen Company, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;17524 |
| Alps Alpine Company, Ltd. | 7000 | &nbsp;&nbsp;&nbsp;&nbsp;88606 |
| Altech Corp. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;20763 |
| Amano Corp. | 2200 | &nbsp;&nbsp;&nbsp;&nbsp;62351 |
| Amuse, Inc. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5534 |
| Amvis Holdings, Inc. | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1226 |
| and ST HD Company, Ltd. | &nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp;12556 |
| Anest Iwata Corp. | 1800 | &nbsp;&nbsp;&nbsp;&nbsp;19059 |
| Anicom Holdings, Inc. | 3700 | &nbsp;&nbsp;&nbsp;&nbsp;20612 |
| Anycolor, Inc. | 1400 | &nbsp;&nbsp;&nbsp;&nbsp;53335 |
| AOKI Holdings, Inc. | 1700 | &nbsp;&nbsp;&nbsp;&nbsp;20414 |
| Aoyama Trading Company, Ltd. | 2500 | &nbsp;&nbsp;&nbsp;&nbsp;41212 |
| Aoyama Zaisan Networks Company, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;15172 |
| Arakawa Chemical Industries, Ltd. | 1400 | &nbsp;&nbsp;&nbsp;&nbsp;10364 |
| Arata Corp. | 1400 | &nbsp;&nbsp;&nbsp;&nbsp;29378 |
| ARCLANDS Corp. | 1770 | &nbsp;&nbsp;&nbsp;&nbsp;23307 |
| Arcs Company, Ltd. | 2125 | &nbsp;&nbsp;&nbsp;&nbsp;45361 |
| ARE Holdings, Inc. | 3600 | &nbsp;&nbsp;&nbsp;&nbsp;52267 |
| Arealink Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;15069 |
| Argo Graphics, Inc. | 4000 | &nbsp;&nbsp;&nbsp;&nbsp;33453 |
| Arisawa Manufacturing Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6559 |
| Artience Company, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;23243 |
| As One Corp. | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;33212 |
| Asahi Company, Ltd. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7596 |
| Asahi Diamond Industrial Company, Ltd. | 3900 | &nbsp;&nbsp;&nbsp;&nbsp;22894 |
| Asahi Yukizai Corp. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;12414 |
| ASKA Pharmaceutical Holdings Company, Ltd. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;12373 |
| ASKUL Corp. | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;21183 |
| Atsugi Company, Ltd. (A) | 1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9175 |
| Aucnet, Inc. | 2200 | &nbsp;&nbsp;&nbsp;&nbsp;27600 |
| Autobacs Seven Company, Ltd. | 3400 | &nbsp;&nbsp;&nbsp;&nbsp;37115 |
| Avant Group Corp. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9305 |
| Avex, Inc. | 2800 | &nbsp;&nbsp;&nbsp;&nbsp;23978 |
| Axial Retailing, Inc. | 3200 | &nbsp;&nbsp;&nbsp;&nbsp;25346 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| AZ-COM MARUWA Holdings, Inc. | &nbsp;&nbsp;3100 | $22385 |
| Bando Chemical Industries, Ltd. | &nbsp;&nbsp;1600 | 21219 |
| Bank of the Ryukyus, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;7960 |
| Belc Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 26113 |
| Bell System24 Holdings, Inc. | &nbsp;&nbsp;1300 | 11736 |
| Belluna Company, Ltd. | &nbsp;&nbsp;3300 | 22814 |
| Bic Camera, Inc. | &nbsp;&nbsp;3800 | 42001 |
| BML, Inc. | &nbsp;&nbsp;1000 | 24994 |
| Bourbon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;8484 |
| Br. Holdings Corp. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;5257 |
| BrainPad, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;8418 |
| Buffalo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 12102 |
| Bunka Shutter Company, Ltd. | &nbsp;&nbsp;1600 | 24659 |
| Business Brain Showa-Ota, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 14016 |
| C Uyemura & Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 39501 |
| CAC Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 13261 |
| Calbee, Inc. | &nbsp;&nbsp;1300 | 25111 |
| Canon Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 16593 |
| Carenet, Inc. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;9046 |
| Carlit Company, Ltd. | &nbsp;&nbsp;2100 | 18616 |
| Cawachi, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 17982 |
| Celsys, Inc. | &nbsp;&nbsp;1100 | 13947 |
| Central Automotive Products, Ltd. | &nbsp;&nbsp;1500 | 18661 |
| Central Glass Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 17685 |
| Central Security Patrols Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 12116 |
| Central Sports Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;9815 |
| Ceres, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 10399 |
| Change Holdings, Inc. | &nbsp;&nbsp;1700 | 13108 |
| Charm Care Corp. KK | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;7620 |
| Chino Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;7026 |
| Chiyoda Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;6498 |
| Chiyoda Integre Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 17781 |
| Chori Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 21266 |
| Chudenko Corp. | &nbsp;&nbsp;1300 | 34584 |
| Chuetsu Pulp & Paper Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;5727 |
| Chugai Ro Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 14722 |
| Chugin Financial Group, Inc. | &nbsp;&nbsp;6700 | 98360 |
| Chugoku Marine Paints, Ltd. | &nbsp;&nbsp;1400 | 33910 |
| Citizen Watch Company, Ltd. | &nbsp;&nbsp;8700 | 58975 |
| CKD Corp. | &nbsp;&nbsp;2400 | 44523 |
| Cleanup Corp. | &nbsp;&nbsp;2100 | 11241 |
| CMK Corp. | &nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;8745 |
| COLOPL, Inc. | &nbsp;&nbsp;3200 | 10371 |
| Colowide Company, Ltd. | &nbsp;&nbsp;3200 | 39514 |
| Comture Corp. | &nbsp;&nbsp;1000 | 10976 |
| Corona Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;1963 |
| Cosel Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;9732 |
| Cota Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;5973 |
| Create Restaurants Holdings, Inc. | 11600 | 60625 |
| Create SD Holdings Company, Ltd. | &nbsp;&nbsp;1100 | 24675 |
| Creek & River Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;8134 |
| Cresco, Ltd. | &nbsp;&nbsp;1600 | 17860 |
| CTS Company, Ltd. | &nbsp;&nbsp;1900 | 11777 |
| Curves Holdings Company, Ltd. | &nbsp;&nbsp;2000 | 11273 |
| Cybozu, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 20779 |
| Dai Nippon Toryo Company, Ltd. | &nbsp;&nbsp;1200 | 10443 |
| Daicel Corp. | &nbsp;&nbsp;2100 | 19118 |
| Dai-Dan Company, Ltd. | &nbsp;&nbsp;1200 | 50210 |
| Daido Metal Company, Ltd. | &nbsp;&nbsp;1900 | 12703 |
| Daido Steel Company, Ltd. | &nbsp;&nbsp;4600 | 39710 |
| Daiei Kankyo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 15825 |
| Daihen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 27762 |
| Daiichi Jitsugyo Company, Ltd. | &nbsp;&nbsp;1200 | 22050 |
| Daiichi Kensetsu Corp. | &nbsp;&nbsp;1300 | 28538 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Daiichi Kigenso Kagaku-Kogyo Company, Ltd. | 1800 | $&nbsp;&nbsp;&nbsp;8445 |
| Daiichikosho Company, Ltd. | 2800 | 31669 |
| Daiken Medical Company, Ltd. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;1228 |
| Daiki Aluminium Industry Company, Ltd. | 1500 | 11423 |
| Daikoku Denki Company, Ltd. | &nbsp;&nbsp;800 | 14237 |
| Daikokutenbussan Company, Ltd. | &nbsp;&nbsp;300 | 14613 |
| Daikyonishikawa Corp. | 1900 | &nbsp;&nbsp;&nbsp;9413 |
| Dainichiseika Color & Chemicals Manufacturing Company, Ltd. | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;7905 |
| Daio Paper Corp. | 4200 | 25272 |
| Daiseki Company, Ltd. | 1360 | 31415 |
| Daishi Hokuetsu Financial Group, Inc. | 6600 | 63858 |
| Daishinku Corp. | 1600 | &nbsp;&nbsp;&nbsp;6224 |
| Daito Pharmaceutical Company, Ltd. | 1540 | 12807 |
| Daitron Company, Ltd. | &nbsp;&nbsp;600 | 17791 |
| Daiwa Industries, Ltd. | 2000 | 22430 |
| Daiwabo Holdings Company, Ltd. | 2900 | 57788 |
| DCM Holdings Company, Ltd. | 5100 | 55240 |
| DeNA Company, Ltd. | 1100 | 17275 |
| Denka Company, Ltd. | 3400 | 52375 |
| Densan System Holdings Company, Ltd. | &nbsp;&nbsp;700 | 16930 |
| Denyo Company, Ltd. | &nbsp;&nbsp;900 | 18029 |
| Dexerials Corp. | 2700 | 41403 |
| DIC Corp. | 2700 | 66553 |
| Digital Hearts Holdings Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;5915 |
| Digital Holdings, Inc. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;8106 |
| Dip Corp. | 1400 | 22014 |
| DKK Company, Ltd. | 1000 | 13491 |
| DKS Company, Ltd. | &nbsp;&nbsp;400 | 15959 |
| Doshisha Company, Ltd. | 1000 | 19084 |
| Doutor Nichires Holdings Company, Ltd. | 1000 | 17782 |
| Dowa Holdings Company, Ltd. | 2100 | 76507 |
| DTS Corp. | 5200 | 46006 |
| Duskin Company, Ltd. | 1600 | 41663 |
| DyDo Group Holdings, Inc. | &nbsp;&nbsp;600 | 10205 |
| Eagle Industry Company, Ltd. | 1300 | 23031 |
| Ebara Jitsugyo Company, Ltd. | &nbsp;&nbsp;800 | 24807 |
| Ebase Company, Ltd. | 1200 | &nbsp;&nbsp;&nbsp;4031 |
| EDION Corp. | 2700 | 39504 |
| EF-ON, Inc. | 1500 | &nbsp;&nbsp;&nbsp;4414 |
| eGuarantee, Inc. | 2000 | 22119 |
| E-Guardian, Inc. | &nbsp;&nbsp;284 | &nbsp;&nbsp;&nbsp;3802 |
| Eizo Corp. | 1600 | 23651 |
| Elan Corp. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;3732 |
| Elecom Company, Ltd. | 1600 | 19925 |
| EM Systems Company, Ltd. | 1400 | &nbsp;&nbsp;&nbsp;7204 |
| en-japan, Inc. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;8810 |
| Enplas Corp. | &nbsp;&nbsp;300 | 11327 |
| eRex Company, Ltd. | 1900 | &nbsp;&nbsp;&nbsp;9444 |
| ES-Con Japan, Ltd. | 1500 | 10464 |
| ESPEC Corp. | &nbsp;&nbsp;800 | 18583 |
| Exedy Corp. | &nbsp;&nbsp;700 | 24585 |
| EXEO Group, Inc. | 6400 | 92611 |
| Ezaki Glico Company, Ltd. | 2000 | 68454 |
| FCC Company, Ltd. | 1100 | 23872 |
| FDK Corp. (A) | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;767 |
| Feed One Company, Ltd. | 1600 | 12246 |
| Ferrotec Corp. | 2000 | 53999 |
| Financial Partners Group Company, Ltd. | 1100 | 17656 |
| FP Corp. | 1100 | 18710 |
| France Bed Holdings Company, Ltd. | 2200 | 19149 |
| Fudo Tetra Corp. | 1080 | 19547 |
| Fuji Company, Ltd. | &nbsp;&nbsp;800 | 10922 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Fuji Corp. (Aichi) | &nbsp;&nbsp;2600 | $47356 |
| Fuji Corp., Ltd. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;7127 |
| Fuji Kyuko Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 13908 |
| Fuji Oil Company, Ltd. | &nbsp;&nbsp;4400 | 14224 |
| Fuji Oil Company, Ltd. (Osaka) | &nbsp;&nbsp;1400 | 33939 |
| Fuji Pharma Company, Ltd. | &nbsp;&nbsp;1400 | 14661 |
| Fuji Seal International, Inc. | &nbsp;&nbsp;2100 | 40349 |
| Fujibo Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 30676 |
| Fujicco Company, Ltd. | &nbsp;&nbsp;1500 | 16688 |
| Fujikura Kasei Company, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;8228 |
| Fujimi, Inc. | &nbsp;&nbsp;2400 | 35039 |
| Fujisash Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;2848 |
| Fujita Kanko, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;200 | 14161 |
| Fujiya Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;8789 |
| Fukuda Corp. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;9527 |
| Fukuda Denshi Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 31845 |
| Fukui Computer Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;6768 |
| Fukuyama Transporting Company, Ltd. | &nbsp;&nbsp;1000 | 24863 |
| FULLCAST Holdings Company, Ltd. | &nbsp;&nbsp;1000 | 11992 |
| Funai Soken Holdings, Inc. | &nbsp;&nbsp;1800 | 31407 |
| Furuno Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 30598 |
| Furuya Metal Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 17008 |
| Furyu Corp. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;9704 |
| Fuso Chemical Company, Ltd. | &nbsp;&nbsp;1000 | 33082 |
| Fuso Pharmaceutical Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;7233 |
| Futaba Corp. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;7179 |
| Futaba Industrial Company, Ltd. | &nbsp;&nbsp;3400 | 22068 |
| Future Corp. | &nbsp;&nbsp;2400 | 37659 |
| Fuyo General Lease Company, Ltd. | &nbsp;&nbsp;1200 | 35864 |
| G-7 Holdings, Inc. | &nbsp;&nbsp;2000 | 17058 |
| Gakken Holdings Company, Ltd. | &nbsp;&nbsp;1600 | 11408 |
| Galilei Company, Ltd. | &nbsp;&nbsp;1000 | 25579 |
| Gecoss Corp. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;3753 |
| Geo Holdings Corp. | &nbsp;&nbsp;1900 | 21184 |
| GLOBERIDE, Inc. | &nbsp;&nbsp;1200 | 19764 |
| Glory, Ltd. | &nbsp;&nbsp;2100 | 51949 |
| GMO Financial Gate, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | 16639 |
| GMO Financial Holdings, Inc. | &nbsp;&nbsp;1600 | 10574 |
| GMO GlobalSign Holdings KK | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;7280 |
| GMO internet group, Inc. | &nbsp;&nbsp;1900 | 46473 |
| Goldcrest Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;990 | 22458 |
| Goldwin, Inc. | &nbsp;&nbsp;1200 | 20414 |
| Grems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 13196 |
| GS Yuasa Corp. | &nbsp;&nbsp;3000 | 70874 |
| G-Tekt Corp. | &nbsp;&nbsp;1200 | 16073 |
| Gun-Ei Chemical Industry Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;9081 |
| Gunze, Ltd. | &nbsp;&nbsp;1600 | 40871 |
| H.U. Group Holdings, Inc. | &nbsp;&nbsp;1600 | 37013 |
| H2O Retailing Corp. | &nbsp;&nbsp;2600 | 38100 |
| Hagihara Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;9242 |
| Hagiwara Electric Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 11857 |
| Hakudo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;9083 |
| Halows Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 20270 |
| Hamakyorex Company, Ltd. | &nbsp;&nbsp;2800 | 29679 |
| Hanwa Company, Ltd. | &nbsp;&nbsp;1500 | 63788 |
| Hazama Ando Corp. | &nbsp;&nbsp;5490 | 62117 |
| Heiwa Corp. | &nbsp;&nbsp;1500 | 21316 |
| Heiwado Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;9819 |
| Hennge KK | &nbsp;&nbsp;1000 | 10880 |
| Hiday Hidaka Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 14517 |
| HI-LEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 10945 |
| Hino Motors, Ltd. (A) | 10400 | 27155 |
| Hioki EE Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 20516 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Hirano Tecseed Company, Ltd. | &nbsp;&nbsp;1100 | $&nbsp;&nbsp;&nbsp;11896 |
| Hirogin Holdings, Inc. | 10600 | 103121 |
| Hiroshima Gas Company, Ltd. | &nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;12683 |
| Hisaka Works, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;18222 |
| Hochiki Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;15892 |
| Hokkaido Electric Power Company, Inc. | &nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;43182 |
| Hokkaido Gas Company, Ltd. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;13888 |
| Hokkan Holdings, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;15107 |
| Hokko Chemical Industry Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;8001 |
| Hokkoku Financial Holdings, Inc. | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;41724 |
| Hokuetsu Corp. (C) | &nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;32971 |
| Hokuhoku Financial Group, Inc. | &nbsp;&nbsp;4900 | 127989 |
| Hokuriku Electric Power Company | &nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;42225 |
| Hokuto Corp. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;20652 |
| H-One Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;9843 |
| Honeys Holdings Company, Ltd. | &nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;14094 |
| Hoosiers Holdings Company, Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;18404 |
| Hosiden Corp. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;26994 |
| Hosokawa Micron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;23572 |
| HS Holdings Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;6818 |
| IBJ, Inc. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;10624 |
| Ichikoh Industries, Ltd. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;6884 |
| Ichiyoshi Securities Company, Ltd. | &nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;15957 |
| Icom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;10183 |
| IDEC Corp. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;26142 |
| IDOM, Inc. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;9226 |
| Iino Kaiun Kaisha, Ltd. | &nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;23194 |
| Imasen Electric Industrial | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;2518 |
| Imuraya Group Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;5114 |
| Inaba Denki Sangyo Company, Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;59647 |
| Inaba Seisakusho Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;2313 |
| Inabata & Company, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;47161 |
| Ines Corp. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;12250 |
| i-Net Corp. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;10517 |
| INFRONEER Holdings, Inc. | &nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;43672 |
| Insource Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;1950 |
| Intage Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;468 | &nbsp;&nbsp;&nbsp;&nbsp;5434 |
| Inui Global Logistics Company, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;17707 |
| IR Japan Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;2234 |
| Iriso Electronics Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;19934 |
| Iseki & Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;18231 |
| Ishihara Sangyo Kaisha, Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;32850 |
| ITFOR, Inc. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;10173 |
| ITmedia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;10118 |
| Ito En, Ltd. | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;44721 |
| Itochu Enex Company, Ltd. | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;36079 |
| Itochu-Shokuhin Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;20764 |
| Itoham Yonekyu Holdings, Inc. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;42314 |
| Itoki Corp. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;34808 |
| IwaiCosmo Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;16546 |
| Iwatani Corp. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;32775 |
| Izumi Company, Ltd. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;30887 |
| J Trust Company, Ltd. | &nbsp;&nbsp;6286 | &nbsp;&nbsp;&nbsp;18861 |
| Jaccs Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;25811 |
| Jade Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;3783 |
| JAFCO Group Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;20978 |
| JANOME Corp. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;9422 |
| Japan Airport Terminal Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;12748 |
| Japan Aviation Electronics Industry, Ltd. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;39039 |
| Japan Cash Machine Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;4677 |
| Japan Communications, Inc. (A) | 15200 | &nbsp;&nbsp;&nbsp;15022 |
| Japan Elevator Service Holdings Company, Ltd. | &nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;50772 |
| Japan Investment Adviser Company, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;27004 |
| Japan Lifeline Company, Ltd. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;30612 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Japan Material Company, Ltd. | &nbsp;&nbsp;2900 | $35752 |
| Japan Medical Dynamic Marketing, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;3077 |
| Japan Petroleum Exploration Company, Ltd. | &nbsp;&nbsp;6500 | 56638 |
| Japan Property Management Center Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;7126 |
| Japan Pulp & Paper Company, Ltd. | &nbsp;&nbsp;6000 | 28945 |
| Japan Securities Finance Company, Ltd. | &nbsp;&nbsp;3300 | 41498 |
| Japan Transcity Corp. | &nbsp;&nbsp;3100 | 24128 |
| Japan Wool Textile Company, Ltd. | &nbsp;&nbsp;1500 | 16868 |
| JBCC Holdings, Inc. | &nbsp;&nbsp;2400 | 21204 |
| JCU Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 24644 |
| Jeol, Ltd. | &nbsp;&nbsp;1500 | 51386 |
| JGC Holdings Corp. | &nbsp;&nbsp;5700 | 58190 |
| JINS Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;300 | 18583 |
| JINUSHI Company, Ltd. | &nbsp;&nbsp;1100 | 22702 |
| JM Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 12364 |
| JMS Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;1488 |
| J-Oil Mills, Inc. | &nbsp;&nbsp;1200 | 16667 |
| Joshin Denki Company, Ltd. | &nbsp;&nbsp;1100 | 19114 |
| Joyful Honda Company, Ltd. | &nbsp;&nbsp;1900 | 27935 |
| JSB Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 22280 |
| JSP Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 10489 |
| JTEKT Corp. | &nbsp;&nbsp;5200 | 51603 |
| Juki Corp. (A) | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;4077 |
| Juroku Financial Group, Inc. | &nbsp;&nbsp;1300 | 48358 |
| Justsystems Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 25909 |
| JVCKenwood Corp. | &nbsp;&nbsp;6770 | 52680 |
| K&O Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 17498 |
| Kaga Electronics Company, Ltd. | &nbsp;&nbsp;1200 | 28707 |
| Kagome Company, Ltd. | &nbsp;&nbsp;2300 | 44756 |
| Kaken Pharmaceutical Company, Ltd. | &nbsp;&nbsp;1200 | 29651 |
| Kakiyasu Honten Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;9093 |
| Kamakura Shinsho, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;4832 |
| Kameda Seika Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 19544 |
| Kamei Corp. | &nbsp;&nbsp;1300 | 25366 |
| Kanaden Corp. | &nbsp;&nbsp;1100 | 15446 |
| Kanadevia Corp. | &nbsp;&nbsp;5500 | 38018 |
| Kanagawa Chuo Kotsu Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 17538 |
| Kanamic Network Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;1921 |
| Kanamoto Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 14595 |
| Kaneka Corp. | &nbsp;&nbsp;1400 | 39817 |
| Kanematsu Corp. | &nbsp;&nbsp;3500 | 73724 |
| Kanto Denka Kogyo Company, Ltd. | &nbsp;&nbsp;2000 | 12946 |
| Katitas Company, Ltd. | &nbsp;&nbsp;1800 | 34092 |
| Kato Sangyo Company, Ltd. | &nbsp;&nbsp;1100 | 43276 |
| Kato Works Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;3784 |
| Kawada Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 16112 |
| KeePer Technical Laboratory Company, Ltd. (C) | &nbsp;&nbsp;&nbsp;&nbsp;500 | 12634 |
| Keihan Holdings Company, Ltd. | &nbsp;&nbsp;2200 | 49976 |
| Keihanshin Building Company, Ltd. | &nbsp;&nbsp;2000 | 22124 |
| Keikyu Corp. | &nbsp;&nbsp;3000 | 30442 |
| Kenko Mayonnaise Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 11935 |
| KH Neochem Company, Ltd. | &nbsp;&nbsp;1500 | 28242 |
| Kimoto Company, Ltd. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;5167 |
| King Jim Company, Ltd. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;7979 |
| Kissei Pharmaceutical Company, Ltd. | &nbsp;&nbsp;1100 | 32030 |
| Ki-Star Real Estate Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 22719 |
| Kitz Corp. | &nbsp;&nbsp;1500 | 17101 |
| Koa Corp. | &nbsp;&nbsp;1700 | 13425 |
| Koatsu Gas Kogyo Company, Ltd. | &nbsp;&nbsp;3000 | 21050 |
| Kobe Electric Railway Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;5061 |
| Kohnan Shoji Company, Ltd. | &nbsp;&nbsp;1200 | 34177 |
| Kokuyo Company, Ltd. | 11600 | 69085 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Komatsu Matere Company, Ltd. | &nbsp;&nbsp;1700 | $&nbsp;&nbsp;&nbsp;9717 |
| KOMEDA Holdings Company, Ltd. | &nbsp;&nbsp;2000 | 42003 |
| Komeri Company, Ltd. | &nbsp;&nbsp;1500 | 33441 |
| Komori Corp. | &nbsp;&nbsp;2300 | 23600 |
| Kondotec, Inc. | &nbsp;&nbsp;1300 | 14666 |
| Konica Minolta, Inc. | 14200 | 50518 |
| Konishi Company, Ltd. | &nbsp;&nbsp;3100 | 27042 |
| Konoike Transport Company, Ltd. | &nbsp;&nbsp;1700 | 37629 |
| Kose Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | 12021 |
| Koshidaka Holdings Company, Ltd. | &nbsp;&nbsp;1500 | 13907 |
| Kotobuki Spirits Company, Ltd. | &nbsp;&nbsp;2500 | 30626 |
| Krosaki Harima Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 13938 |
| KRS Corp. | &nbsp;&nbsp;1100 | 23673 |
| K's Holdings Corp. | &nbsp;&nbsp;5700 | 61569 |
| Kumagai Gumi Company, Ltd. | &nbsp;&nbsp;5200 | 44012 |
| Kumiai Chemical Industry Company, Ltd. | &nbsp;&nbsp;3400 | 19014 |
| Kura Sushi, Inc. | &nbsp;&nbsp;1100 | 25219 |
| Kurabo Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | 14303 |
| Kureha Corp. | &nbsp;&nbsp;1500 | 38725 |
| Kurimoto, Ltd. | &nbsp;&nbsp;1000 | 12483 |
| Kusuri no Aoki Holdings Company, Ltd. | &nbsp;&nbsp;2100 | 56835 |
| KYB Corp. | &nbsp;&nbsp;2000 | 53012 |
| Kyodo Printing Company, Ltd. | &nbsp;&nbsp;2000 | 20349 |
| Kyoei Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;4647 |
| Kyokuto Kaihatsu Kogyo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 16544 |
| Kyokuyo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 23392 |
| Kyorin Pharmaceutical Company, Ltd. | &nbsp;&nbsp;1900 | 19027 |
| Kyoritsu Maintenance Company, Ltd. | &nbsp;&nbsp;2800 | 60510 |
| Kyosan Electric Manufacturing Company, Ltd. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;7063 |
| Kyudenko Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | 14510 |
| Kyushu Financial Group, Inc. | &nbsp;&nbsp;6300 | 38665 |
| LA Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200 | 12261 |
| LEC, Inc. | &nbsp;&nbsp;1600 | 12537 |
| Leopalace21 Corp. | &nbsp;&nbsp;6400 | 30895 |
| Life Corp. | &nbsp;&nbsp;1600 | 27298 |
| Lifedrink Company, Inc. | &nbsp;&nbsp;1600 | 24603 |
| LIFULL Company, Ltd. | &nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;5369 |
| Link And Motivation, Inc. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;8230 |
| Lintec Corp. | &nbsp;&nbsp;1900 | 46704 |
| Litalico, Inc. | &nbsp;&nbsp;1300 | 11906 |
| M&A Capital Partners Company, Ltd. | &nbsp;&nbsp;1000 | 21761 |
| Mabuchi Motor Company, Ltd. | &nbsp;&nbsp;3200 | 55977 |
| Macnica Holdings, Inc. | &nbsp;&nbsp;4400 | 60883 |
| Maeda Kosen Company, Ltd. | &nbsp;&nbsp;2200 | 28852 |
| Maezawa Kasei Industries Company, Ltd. | &nbsp;&nbsp;1100 | 16078 |
| Maezawa Kyuso Industries Company, Ltd. | &nbsp;&nbsp;1800 | 18122 |
| Makino Milling Machine Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 61982 |
| Management Solutions Company, Ltd. | &nbsp;&nbsp;1300 | 12931 |
| Mandom Corp. | &nbsp;&nbsp;1600 | 24108 |
| Mani, Inc. | &nbsp;&nbsp;3500 | 30121 |
| MarkLines Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;5587 |
| Mars Group Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 14504 |
| Marubun Corp. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;1656 |
| Marudai Food Company, Ltd. | &nbsp;&nbsp;1600 | 21915 |
| Maruha Nichiro Corp. | &nbsp;&nbsp;1400 | 32449 |
| Maruichi Steel Tube, Ltd. | &nbsp;&nbsp;8100 | 70480 |
| MARUKA FURUSATO Corp. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 11040 |
| Marvelous, Inc. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;5823 |
| Matsuda Sangyo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 14155 |
| Matsui Securities Company, Ltd. (C) | &nbsp;&nbsp;4900 | 25420 |
| Matsuyafoods Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;8107 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Max Company, Ltd. | &nbsp;&nbsp;700 | $&nbsp;&nbsp;&nbsp;26631 |
| Maxell, Ltd. | 2200 | &nbsp;&nbsp;&nbsp;31710 |
| Maxvalu Tokai Company, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;25889 |
| MCJ Company, Ltd. | 3200 | &nbsp;&nbsp;&nbsp;29708 |
| MEC Company, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;18126 |
| Media Do Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;7750 |
| Medikit Company, Ltd. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;9342 |
| Medley, Inc. (A) | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;13168 |
| Megmilk Snow Brand Company, Ltd. | 1400 | &nbsp;&nbsp;&nbsp;28026 |
| Meidensha Corp. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;31756 |
| Meiko Electronics Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;39847 |
| MEITEC Group Holdings, Inc. | 2000 | &nbsp;&nbsp;&nbsp;43143 |
| Meito Company, Ltd. (C) | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;13497 |
| Menicon Company, Ltd. | 2500 | &nbsp;&nbsp;&nbsp;19253 |
| Mercari, Inc. (A) | 2600 | &nbsp;&nbsp;&nbsp;39988 |
| METAWATER Company, Ltd. | 1600 | &nbsp;&nbsp;&nbsp;32829 |
| Micronics Japan Company, Ltd. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;31716 |
| Midac Holdings Company, Ltd. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;6726 |
| Mie Kotsu Group Holdings, Inc. | 3700 | &nbsp;&nbsp;&nbsp;13603 |
| Milbon Company, Ltd. | &nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;15291 |
| MIRAIT ONE Corp. | 4240 | &nbsp;&nbsp;&nbsp;82656 |
| Mirarth Holdings, Inc. | 6300 | &nbsp;&nbsp;&nbsp;16616 |
| Miroku Jyoho Service Company, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;8969 |
| Mitani Corp. | 2000 | &nbsp;&nbsp;&nbsp;29063 |
| Mitsuba Corp. | 2300 | &nbsp;&nbsp;&nbsp;14985 |
| Mitsubishi Logisnext Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;12245 |
| Mitsubishi Logistics Corp. | 2800 | &nbsp;&nbsp;&nbsp;22929 |
| Mitsubishi Materials Corp. | 3900 | &nbsp;&nbsp;&nbsp;73146 |
| Mitsubishi Paper Mills, Ltd. | 2600 | &nbsp;&nbsp;&nbsp;11881 |
| Mitsubishi Pencil Company, Ltd. | 1500 | &nbsp;&nbsp;&nbsp;21963 |
| Mitsubishi Research Institute, Inc. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;17500 |
| Mitsubishi Steel Manufacturing Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;11494 |
| Mitsui DM Sugar Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;21619 |
| Mitsui E&S Company, Ltd. | 4600 | 138780 |
| Mitsui High-Tec, Inc. | 2500 | &nbsp;&nbsp;&nbsp;13095 |
| Mitsui Matsushima Holdings Company, Ltd. | 1500 | &nbsp;&nbsp;&nbsp;15076 |
| Mitsui Mining & Smelting Company, Ltd. | 1500 | 116531 |
| Mitsui-Soko Holdings Company, Ltd. | 2700 | &nbsp;&nbsp;&nbsp;75477 |
| Mitsuuroko Group Holdings Company, Ltd. | 1900 | &nbsp;&nbsp;&nbsp;29493 |
| Mixi, Inc. | 1800 | &nbsp;&nbsp;&nbsp;38709 |
| Mizuho Leasing Company, Ltd. | 4000 | &nbsp;&nbsp;&nbsp;35219 |
| Mizuno Corp. | 1200 | &nbsp;&nbsp;&nbsp;21643 |
| Mochida Pharmaceutical Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;19304 |
| Morinaga & Company, Ltd. | 3000 | &nbsp;&nbsp;&nbsp;53165 |
| Morinaga Milk Industry Company, Ltd. | 3000 | &nbsp;&nbsp;&nbsp;70258 |
| Morita Holdings Corp. | 2200 | &nbsp;&nbsp;&nbsp;34511 |
| MOS Food Services, Inc. | 1000 | &nbsp;&nbsp;&nbsp;26720 |
| MrMax Holdings, Ltd. | 1700 | &nbsp;&nbsp;&nbsp;10017 |
| m-up Holdings, Inc. | 2000 | &nbsp;&nbsp;&nbsp;28624 |
| Musashi Seimitsu Industry Company, Ltd. | 1600 | &nbsp;&nbsp;&nbsp;37268 |
| Nabtesco Corp. | 3300 | &nbsp;&nbsp;&nbsp;74592 |
| Nachi-Fujikoshi Corp. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;15132 |
| Nafco Company, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;15161 |
| Nagano Keiki Company, Ltd. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;11137 |
| Nagase & Company, Ltd. | 3000 | &nbsp;&nbsp;&nbsp;64815 |
| Nagoya Railroad Company, Ltd. | 6500 | &nbsp;&nbsp;&nbsp;77634 |
| Nakamuraya Company, Ltd. | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;6300 |
| Nakanishi, Inc. | 2600 | &nbsp;&nbsp;&nbsp;36029 |
| Nakayama Steel Works, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;4758 |
| Namura Shipbuilding Company, Ltd. | 1152 | &nbsp;&nbsp;&nbsp;26559 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Nankai Electric Railway Company, Ltd. | &nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;56557 |
| Natori Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;9471 |
| NEC Capital Solutions, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;21156 |
| Neturen Company, Ltd. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;18948 |
| Nextage Company, Ltd. | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;30345 |
| NHK Spring Company, Ltd. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;36038 |
| Nice Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;7539 |
| Nichias Corp. | &nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;86398 |
| Nichiban Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;9343 |
| Nichicon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;5999 |
| Nichiden Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;11023 |
| Nichiha Corp. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;22325 |
| Nichirei Corp. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;14089 |
| Nichireki Group Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;21452 |
| Nichirin Company, Ltd. | &nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;26251 |
| Nifco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;24128 |
| Nihon Dempa Kogyo Company, Ltd. | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;15721 |
| Nihon Flush Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;5451 |
| Nihon House Holdings Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;2124 |
| Nihon Kagaku Sangyo Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;15578 |
| Nihon M&A Center Holdings, Inc. | &nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;49465 |
| Nihon Parkerizing Company, Ltd. | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;36066 |
| Nihon Tokushu Toryo Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;14241 |
| Nikkiso Company, Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;21007 |
| Nikkon Holdings Company, Ltd. | &nbsp;&nbsp;4400 | 101404 |
| Nippn Corp. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;25062 |
| Nippon Air Conditioning Services Company, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;13968 |
| Nippon Beet Sugar Manufacturing Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;17927 |
| Nippon Carbon Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;14695 |
| Nippon Chemical Industrial Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;13475 |
| Nippon Chemi-Con Corp. (A) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;12156 |
| Nippon Coke & Engineering Company, Ltd. (A) | 18000 | &nbsp;&nbsp;&nbsp;12653 |
| Nippon Concrete Industries Company, Ltd. | &nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;6066 |
| Nippon Denko Company, Ltd. | &nbsp;&nbsp;6530 | &nbsp;&nbsp;&nbsp;14961 |
| Nippon Densetsu Kogyo Company, Ltd. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;40537 |
| Nippon Electric Glass Company, Ltd. | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;72133 |
| Nippon Gas Company, Ltd. | &nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;80421 |
| Nippon Hume Corp. (C) | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;52737 |
| Nippon Kayaku Company, Ltd. | &nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;49732 |
| Nippon Kodoshi Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;12031 |
| Nippon Light Metal Holdings Company, Ltd. | &nbsp;&nbsp;2820 | &nbsp;&nbsp;&nbsp;40000 |
| Nippon Paper Industries Company, Ltd. | &nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;37890 |
| Nippon Parking Development Company, Ltd. | &nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;16310 |
| Nippon Rietec Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;4068 |
| Nippon Seiki Company, Ltd. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;15608 |
| Nippon Sharyo, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;11660 |
| Nippon Sheet Glass Company, Ltd. (A) | &nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;14129 |
| Nippon Shinyaku Company, Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;40661 |
| Nippon Shokubai Company, Ltd. | &nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;39436 |
| Nippon Signal Company, Ltd. | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;24683 |
| Nippon Soda Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;27969 |
| Nippon Thompson Company, Ltd. | &nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;21773 |
| Nippon Yakin Kogyo Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;8668 |
| Nipro Corp. | &nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;68220 |
| Nishikawa Rubber Company, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;31567 |
| Nishimatsu Construction Company, Ltd. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;53116 |
| Nishi-Nippon Financial Holdings, Inc. | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;65967 |
| Nishi-Nippon Railroad Company, Ltd. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;37894 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Nishio Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | $23190 |
| Nissan Shatai Company, Ltd. | &nbsp;&nbsp;3400 | 28299 |
| Nissei ASB Machine Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 24249 |
| Nissei Plastic Industrial Company, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;9372 |
| Nissha Company, Ltd. | &nbsp;&nbsp;2300 | 22161 |
| Nisshinbo Holdings, Inc. | &nbsp;&nbsp;4768 | 36684 |
| Nisso Holdings Company, Ltd. | &nbsp;&nbsp;2400 | 10627 |
| Nissui Corp. | &nbsp;&nbsp;9200 | 64822 |
| Nitta Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 22459 |
| Nittetsu Mining Company, Ltd. | &nbsp;&nbsp;3000 | 40439 |
| Nitto Kogyo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 14661 |
| Nitto Kohki Company, Ltd. | &nbsp;&nbsp;1000 | 11825 |
| Nitto Seiko Company, Ltd. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;7332 |
| Noevir Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 24140 |
| Nojima Corp. | &nbsp;&nbsp;3200 | 87682 |
| NOK Corp. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 15800 |
| Noritake Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 15962 |
| Noritsu Koki Company, Ltd. | &nbsp;&nbsp;3000 | 35730 |
| Noritz Corp. | &nbsp;&nbsp;2100 | 28475 |
| North Pacific Bank, Ltd. | 12900 | 64809 |
| NPR-RIKEN Corp. | &nbsp;&nbsp;1200 | 24923 |
| NS Tool Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;4286 |
| NS United Kaiun Kaisha, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;3424 |
| NSD Company, Ltd. | &nbsp;&nbsp;2200 | 51721 |
| NSK, Ltd. | &nbsp;&nbsp;7100 | 36626 |
| NTN Corp. | 18400 | 42274 |
| Obara Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 17335 |
| Ohsho Food Service Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 14996 |
| Oiles Corp. | &nbsp;&nbsp;1380 | 21460 |
| Okabe Company, Ltd. | &nbsp;&nbsp;2600 | 16440 |
| Okamoto Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 20557 |
| Okamura Corp. | &nbsp;&nbsp;2000 | 31734 |
| Okasan Securities Group, Inc. | &nbsp;&nbsp;7000 | 32314 |
| Oki Electric Industry Company, Ltd. | &nbsp;&nbsp;3000 | 32660 |
| Okinawa Cellular Telephone Company | &nbsp;&nbsp;1600 | 28253 |
| Okinawa Financial Group, Inc. | &nbsp;&nbsp;1140 | 29726 |
| OKUMA Corp. | &nbsp;&nbsp;2200 | 50157 |
| Okumura Corp. | &nbsp;&nbsp;1200 | 38329 |
| Okuwa Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;6262 |
| Onoken Company, Ltd. | &nbsp;&nbsp;1500 | 14210 |
| Onward Holdings Company, Ltd. | &nbsp;&nbsp;2400 | 11338 |
| Open Up Group, Inc. | &nbsp;&nbsp;1200 | 14710 |
| Optex Group Company, Ltd. | &nbsp;&nbsp;1900 | 27039 |
| Optim Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;2871 |
| Optorun Company, Ltd. | &nbsp;&nbsp;1100 | 12343 |
| Organo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 38306 |
| Orient Corp. | &nbsp;&nbsp;3180 | 21728 |
| Oriental Shiraishi Corp. | &nbsp;&nbsp;7600 | 21891 |
| Oro Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 12392 |
| Osaka Organic Chemical Industry, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 16818 |
| Osaka Steel Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 11972 |
| Osaki Electric Company, Ltd. | &nbsp;&nbsp;3000 | 25944 |
| OSG Corp. | &nbsp;&nbsp;3900 | 55891 |
| Oyo Corp. | &nbsp;&nbsp;1300 | 25324 |
| Pacific Industrial Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 12560 |
| Pacific Metals Company, Ltd. | &nbsp;&nbsp;1100 | 14799 |
| PAL GROUP Holdings Company, Ltd. | &nbsp;&nbsp;2800 | 47587 |
| PALTAC Corp. | &nbsp;&nbsp;1200 | 37546 |
| Paramount Bed Holdings Company, Ltd. | &nbsp;&nbsp;1600 | 39211 |
| Park24 Company, Ltd. | &nbsp;&nbsp;4200 | 53656 |
| Pasona Group, Inc. | &nbsp;&nbsp;1300 | 19229 |
| Penta-Ocean Construction Company, Ltd. | &nbsp;&nbsp;9900 | 77944 |
| PeptiDream, Inc. (A) | &nbsp;&nbsp;3600 | 38511 |
| PIA Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;500 | 11723 |
| Pickles Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;6292 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Pigeon Corp. | 5500 | $66043 |
| PILLAR Corp. | &nbsp;&nbsp;500 | 13895 |
| Pilot Corp. | 1200 | 38886 |
| Piolax, Inc. | 1200 | 14423 |
| PKSHA Technology, Inc. (A) | &nbsp;&nbsp;500 | 13055 |
| Pole To Win Holdings, Inc. | 2000 | &nbsp;&nbsp;&nbsp;4755 |
| Premium Group Company, Ltd. | &nbsp;&nbsp;900 | 13081 |
| Premium Water Holdings, Inc. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;9046 |
| Press Kogyo Company, Ltd. | 2500 | 10859 |
| Prestige International, Inc. | 5000 | 22296 |
| Prima Meat Packers, Ltd. | 1500 | 23876 |
| Procrea Holdings, Inc. | 2344 | 27469 |
| Pronexus, Inc. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;4546 |
| PS Construction Company, Ltd. | &nbsp;&nbsp;800 | 10026 |
| Punch Industry Company, Ltd. | 1300 | &nbsp;&nbsp;&nbsp;3796 |
| QB Net Holdings Company, Ltd. | 1800 | 16588 |
| Qol Holdings Company, Ltd. | 1400 | 19010 |
| Quick Company, Ltd. | &nbsp;&nbsp;800 | 13573 |
| Raccoon Holdings, Inc. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;3917 |
| Raito Kogyo Company, Ltd. | 1300 | 28342 |
| Raiznext Corp. | 2000 | 25835 |
| Raksul, Inc. (A) | 1200 | &nbsp;&nbsp;&nbsp;9663 |
| Rakus Company, Ltd. | 2400 | 22059 |
| Rasa Industries, Ltd. | &nbsp;&nbsp;600 | 18504 |
| Relo Group, Inc. | 2800 | 33765 |
| Rengo Company, Ltd. | 8600 | 54314 |
| RENOVA, Inc. (A) | 1400 | &nbsp;&nbsp;&nbsp;8881 |
| Resorttrust, Inc. | 4800 | 60876 |
| Retail Partners Company, Ltd. | &nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;2875 |
| Rheon Automatic Machinery Company, Ltd. | 1500 | 14264 |
| Ricoh Leasing Company, Ltd. | &nbsp;&nbsp;800 | 31503 |
| Riken Keiki Company, Ltd. | &nbsp;&nbsp;700 | 14752 |
| Riken Vitamin Company, Ltd. | 1400 | 27544 |
| Rion Company, Ltd. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;9009 |
| Riso Kyoiku Group Corp. | 3400 | &nbsp;&nbsp;&nbsp;5169 |
| Rock Field Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;9908 |
| Rokko Butter Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;5111 |
| Roland Corp. | &nbsp;&nbsp;700 | 15959 |
| Rorze Corp. | 2500 | 37514 |
| Round One Corp. | 5500 | 48663 |
| Royal Holdings Company, Ltd. | &nbsp;&nbsp;600 | 11100 |
| Ryobi, Ltd. | 1400 | 26284 |
| Ryoden Corp. | &nbsp;&nbsp;800 | 16675 |
| Ryoyo Ryosan Holdings, Inc. | &nbsp;&nbsp;500 | 10083 |
| S Foods, Inc. | &nbsp;&nbsp;900 | 16527 |
| S&B Foods, Inc. | &nbsp;&nbsp;700 | 16096 |
| Sac's Bar Holdings, Inc. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;3197 |
| Saibu Gas Holdings Company, Ltd. | 1500 | 20034 |
| Saint-Care Holding Corp. | 1900 | 10542 |
| Saizeriya Company, Ltd. | &nbsp;&nbsp;800 | 26852 |
| Sakai Chemical Industry Company, Ltd. | &nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;1923 |
| Sakai Moving Service Company, Ltd. | 1000 | 20242 |
| Sakata INX Corp. | 1200 | 18850 |
| Sakata Seed Corp. | &nbsp;&nbsp;500 | 12308 |
| Sala Corp. | 3000 | 22221 |
| San-A Company, Ltd. | 1400 | 26351 |
| San-Ai Obbli Company, Ltd. | 2700 | 38100 |
| Sangetsu Corp. | 2100 | 44036 |
| Sanken Electric Company, Ltd. (A) | &nbsp;&nbsp;900 | 43689 |
| Sanki Engineering Company, Ltd. | 1200 | 40012 |
| Sankyo Frontier Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;8375 |
| Sankyo Seiko Company, Ltd. | 3200 | 14898 |
| Sankyo Tateyama, Inc. | 2500 | 11204 |
| Sankyu, Inc. | 1000 | 54689 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Sanoh Industrial Company, Ltd. | &nbsp;&nbsp;1900 | $11905 |
| Sanshin Electronics Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 13487 |
| Sanyo Chemical Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 16708 |
| Sanyo Denki Company, Ltd. | &nbsp;&nbsp;1200 | 28575 |
| Sanyo Electric Railway Company, Ltd. | &nbsp;&nbsp;1600 | 22808 |
| Sanyo Shokai, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 16439 |
| Sanyo Trading Company, Ltd. | &nbsp;&nbsp;1200 | 12997 |
| Sato Corp. | &nbsp;&nbsp;1700 | 26050 |
| Sawai Group Holdings Company, Ltd. | &nbsp;&nbsp;4500 | 61143 |
| SBI ARUHI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;2760 |
| SBI Global Asset Management Company, Ltd. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;5560 |
| SBS Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 22266 |
| Scroll Corp. | &nbsp;&nbsp;2300 | 17508 |
| Seika Corp. | &nbsp;&nbsp;1500 | 20047 |
| Seikagaku Corp. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;7634 |
| Seikitokyu Kogyo Company, Ltd. | &nbsp;&nbsp;1600 | 16293 |
| Seiko Group Corp. | &nbsp;&nbsp;1400 | 61859 |
| Seino Holdings Company, Ltd. | &nbsp;&nbsp;1400 | 20620 |
| Seiren Company, Ltd. | &nbsp;&nbsp;1900 | 39188 |
| Sekisui Jushi Corp. | &nbsp;&nbsp;1600 | 23392 |
| Sekisui Kasei Company, Ltd. | &nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;6049 |
| Senko Group Holdings Company, Ltd. | &nbsp;&nbsp;4700 | 64654 |
| Senshu Electric Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 17872 |
| Senshu Ikeda Holdings, Inc. | &nbsp;&nbsp;8000 | 34979 |
| Senshukai Company, Ltd. (A)(C) | &nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;5404 |
| Seria Company, Ltd. | &nbsp;&nbsp;2100 | 44142 |
| Seven Bank, Ltd. | 20300 | 40053 |
| Sharp Corp. (A) | &nbsp;&nbsp;2500 | 14006 |
| Shibaura Electronics Company, Ltd. | &nbsp;&nbsp;1000 | 48159 |
| Shibaura Machine Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 17061 |
| Shibaura Mechatronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | 26436 |
| Shibuya Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 18432 |
| SHIFT, Inc. (A) | &nbsp;&nbsp;4500 | 38088 |
| Shikibo, Ltd. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;7444 |
| Shikoku Electric Power Company, Inc. | &nbsp;&nbsp;5200 | 46147 |
| Shikoku Kasei Holdings Corp. | &nbsp;&nbsp;1700 | 25663 |
| Shima Seiki Manufacturing, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;8567 |
| Shimadaya Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;6048 |
| Shin Nippon Biomedical Laboratories, Ltd. | &nbsp;&nbsp;1000 | 11557 |
| Shinagawa Refractories Company, Ltd. | &nbsp;&nbsp;2100 | 26537 |
| Shindengen Electric Manufacturing Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 10738 |
| Shin-Etsu Polymer Company, Ltd. | &nbsp;&nbsp;1900 | 24540 |
| Shinko Shoji Company, Ltd. | &nbsp;&nbsp;1900 | 12808 |
| Shinmaywa Industries, Ltd. | &nbsp;&nbsp;2400 | 30012 |
| Shinnihon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;7472 |
| Shinwa Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 15886 |
| Ship Healthcare Holdings, Inc. | &nbsp;&nbsp;2600 | 40198 |
| Shizuoka Gas Company, Ltd. | &nbsp;&nbsp;2500 | 19736 |
| SHO-BOND Holdings Company, Ltd. | &nbsp;&nbsp;1000 | 32882 |
| Shoei Company, Ltd. | &nbsp;&nbsp;1600 | 19008 |
| Showa Sangyo Company, Ltd. | &nbsp;&nbsp;1000 | 20613 |
| SIGMAXYZ Holdings, Inc. | &nbsp;&nbsp;3600 | 22510 |
| Siix Corp. | &nbsp;&nbsp;1600 | 14640 |
| Sinanen Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 22583 |
| Sinfonia Technology Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 43064 |
| Sinko Industries, Ltd. | &nbsp;&nbsp;1900 | 16581 |
| Sintokogio, Ltd. | &nbsp;&nbsp;1900 | 12930 |
| SKY Perfect JSAT Holdings, Inc. | &nbsp;&nbsp;7800 | 73417 |
| Smaregi, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;8073 |
| SMK Corp. | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;4632 |
| SMS Company, Ltd. | &nbsp;&nbsp;1600 | 16862 |
| Socionext, Inc. | &nbsp;&nbsp;3100 | 58260 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Sodick Company, Ltd. | &nbsp;&nbsp;2400 | $&nbsp;&nbsp;&nbsp;14749 |
| Softcreate Holdings Corp. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;22146 |
| Software Service, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;20077 |
| Soken Chemical & Engineering Company, Ltd. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;22273 |
| Solasto Corp. | &nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;10584 |
| Sotetsu Holdings, Inc. | &nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;62953 |
| Sparx Group Company, Ltd. | &nbsp;&nbsp;1480 | &nbsp;&nbsp;&nbsp;15967 |
| S-Pool, Inc. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;11623 |
| SRA Holdings | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;20482 |
| SRE Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;8753 |
| ST Corp. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;7477 |
| St. Marc Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;15192 |
| Star Mica Holdings Company, Ltd. | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;17608 |
| Star Micronics Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;11302 |
| Starts Corp., Inc. | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;44618 |
| Starzen Company, Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;14614 |
| Strike Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;20954 |
| Studio Alice Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;12543 |
| Sugimoto & Company, Ltd. | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;15776 |
| SUMCO Corp. | &nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;56354 |
| Sumida Corp. | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;11734 |
| Suminoe Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;8279 |
| Sumitomo Bakelite Company, Ltd. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;50235 |
| Sumitomo Densetsu Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;25879 |
| Sumitomo Heavy Industries, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;28836 |
| Sumitomo Osaka Cement Company, Ltd. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;39407 |
| Sumitomo Riko Company, Ltd. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;35743 |
| Sumitomo Rubber Industries, Ltd. | &nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;41226 |
| Sumitomo Seika Chemicals Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;16064 |
| Sun Frontier Fudousan Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;15817 |
| Suruga Bank, Ltd. | &nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;37412 |
| Suzuken Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;35372 |
| SWCC Corp. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;63037 |
| Systena Corp. | 12200 | &nbsp;&nbsp;&nbsp;43659 |
| Syuppin Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;9878 |
| Tachibana Eletech Company, Ltd. | &nbsp;&nbsp;1360 | &nbsp;&nbsp;&nbsp;26864 |
| Tachi-S Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;7974 |
| Tadano, Ltd. | &nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;35212 |
| Taihei Dengyo Kaisha, Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;25420 |
| Taiho Kogyo Company, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;5941 |
| Taikisha, Ltd. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;34722 |
| Taisei Lamick Group Head Quarter & Innovation Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;9147 |
| Taiyo Holdings Company, Ltd. | &nbsp;&nbsp;2000 | 109141 |
| Taiyo Yuden Company, Ltd. | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;87104 |
| Takamatsu Construction Group Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;23305 |
| Takaoka Toko Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;14876 |
| Takara Bio, Inc. | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;13235 |
| Takara Holdings, Inc. | &nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;67283 |
| Takara Standard Company, Ltd. | &nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;38826 |
| Takasago International Corp. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;21844 |
| Takashimaya Company, Ltd. | &nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;44605 |
| Takeuchi Manufacturing Company, Ltd. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;34960 |
| Tama Home Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;4936 |
| Tamron Company, Ltd. | &nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;33528 |
| Tamura Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;1989 |
| Tanseisha Company, Ltd. | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;10458 |
| Tayca Corp. | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;13229 |
| TDC Soft, Inc. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;22437 |
| TechMatrix Corp. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;29269 |
| TechnoPro Holdings, Inc. | &nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;88264 |
| Teijin, Ltd. | &nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;45890 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Teikoku Sen-I Company, Ltd. | &nbsp;&nbsp;1200 | $26325 |
| Tekken Corp. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 19018 |
| Tess Holdings Company, Ltd. | &nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;7115 |
| The 77 Bank, Ltd. | &nbsp;&nbsp;2100 | 87404 |
| The Akita Bank, Ltd. | &nbsp;&nbsp;1100 | 26636 |
| The Awa Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 22526 |
| The Bank of Iwate, Ltd. | &nbsp;&nbsp;1100 | 28850 |
| The Bank of Nagoya, Ltd. | &nbsp;&nbsp;1500 | 35921 |
| The Bank of Saga, Ltd. | &nbsp;&nbsp;1000 | 20604 |
| The Chiba Kogyo Bank, Ltd. | &nbsp;&nbsp;1500 | 16337 |
| The Chugoku Electric Power Company, Inc. | &nbsp;&nbsp;7900 | 44989 |
| The Ehime Bank, Ltd. | &nbsp;&nbsp;2100 | 17431 |
| The First Bank of Toyama, Ltd. | &nbsp;&nbsp;2800 | 29048 |
| The Hyakugo Bank, Ltd. | &nbsp;&nbsp;9600 | 59065 |
| The Hyakujushi Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 27769 |
| The Keiyo Bank, Ltd. | &nbsp;&nbsp;4400 | 37646 |
| The Kita-Nippon Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 18262 |
| The Kiyo Bank, Ltd. | &nbsp;&nbsp;2300 | 45445 |
| The Miyazaki Bank, Ltd. | &nbsp;&nbsp;1000 | 30877 |
| The Monogatari Corp. | &nbsp;&nbsp;1200 | 34587 |
| The Musashino Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 24589 |
| The Nanto Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;800 | 27476 |
| The Nisshin Oillio Group, Ltd. | &nbsp;&nbsp;1200 | 42168 |
| The Ogaki Kyoritsu Bank, Ltd. | &nbsp;&nbsp;1600 | 37458 |
| The Oita Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;900 | 31366 |
| The Okinawa Electric Power Company, Inc. | &nbsp;&nbsp;1990 | 13613 |
| The Pack Corp. | &nbsp;&nbsp;2400 | 19504 |
| The San-In Godo Bank, Ltd. | &nbsp;&nbsp;4300 | 39865 |
| The Shiga Bank, Ltd. | &nbsp;&nbsp;1700 | 77745 |
| The Shikoku Bank, Ltd. | &nbsp;&nbsp;2800 | 28663 |
| The Shimizu Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;6916 |
| The Sumitomo Warehouse Company, Ltd. | &nbsp;&nbsp;1824 | 38380 |
| The Tochigi Bank, Ltd. | &nbsp;&nbsp;8000 | 27300 |
| The Toho Bank, Ltd. | 12000 | 37634 |
| The Tohoku Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;3611 |
| The Tottori Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;3747 |
| The Towa Bank, Ltd. | &nbsp;&nbsp;2900 | 19492 |
| The Yamagata Bank, Ltd. | &nbsp;&nbsp;2000 | 22898 |
| The Yamanashi Chuo Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700 | 15140 |
| Tigers Polymer Corp. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;6827 |
| TKC Corp. | &nbsp;&nbsp;1300 | 37133 |
| Toa Corp. (Hyogo) | &nbsp;&nbsp;1400 | 11382 |
| Toa Corp. (Tokyo) | &nbsp;&nbsp;1300 | 18369 |
| Toagosei Company, Ltd. | &nbsp;&nbsp;4300 | 43802 |
| Tobishima Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;720 | 10580 |
| TOC Company, Ltd. | &nbsp;&nbsp;3400 | 18551 |
| Tocalo Company, Ltd. | &nbsp;&nbsp;1400 | 20562 |
| Toda Corp. | &nbsp;&nbsp;8400 | 57828 |
| Toda Kogyo Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;2645 |
| Toei Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;500 | 18158 |
| Toenec Corp. | &nbsp;&nbsp;3000 | 28343 |
| Toho Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600 | 13838 |
| Toho Gas Company, Ltd. | &nbsp;&nbsp;1300 | 40020 |
| Toho Holdings Company, Ltd. | &nbsp;&nbsp;1900 | 70109 |
| Toho Titanium Company, Ltd. | &nbsp;&nbsp;1300 | 15652 |
| Toho Zinc Company, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;3492 |
| Tokai Carbon Company, Ltd. | &nbsp;&nbsp;6700 | 46661 |
| Tokai Corp. | &nbsp;&nbsp;1200 | 17807 |
| TOKAI Holdings Corp. | &nbsp;&nbsp;4000 | 28146 |
| Tokai Rika Company, Ltd. | &nbsp;&nbsp;2600 | 46943 |
| Tokai Tokyo Financial Holdings, Inc. | &nbsp;&nbsp;8400 | 33414 |
| Token Corp. | &nbsp;&nbsp;&nbsp;&nbsp;210 | 21133 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| Tokushu Tokai Paper Company, Ltd. | 1800 | $18922 |
| Tokuyama Corp. | 1800 | 44662 |
| Tokyo Base Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;2908 |
| Tokyo Electron Device, Ltd. | &nbsp;&nbsp;600 | 12063 |
| Tokyo Energy & Systems, Inc. | 2000 | 22646 |
| Tokyo Kiraboshi Financial Group, Inc. | 1136 | 55204 |
| Tokyo Rope Manufacturing Company, Ltd. | &nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;1987 |
| Tokyo Seimitsu Company, Ltd. | 1300 | 87973 |
| Tokyo Steel Manufacturing Company, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;6897 |
| Tokyo Tekko Company, Ltd. | &nbsp;&nbsp;400 | 15656 |
| Tokyo Theatres Company, Inc. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;8472 |
| Tokyotokeiba Company, Ltd. | &nbsp;&nbsp;600 | 21832 |
| Tokyu Construction Company, Ltd. | 3900 | 29468 |
| Tomato Bank, Ltd. | 1100 | &nbsp;&nbsp;&nbsp;9959 |
| Tomen Devices Corp. | &nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;9186 |
| Tomoku Company, Ltd. | &nbsp;&nbsp;500 | 11483 |
| TOMONY Holdings, Inc. | 5200 | 23579 |
| Tomy Company, Ltd. | 2900 | 62689 |
| Topre Corp. | &nbsp;&nbsp;700 | 10967 |
| Topy Industries, Ltd. | &nbsp;&nbsp;700 | 13427 |
| Torex Semiconductor, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;7858 |
| Toridoll Holdings Corp. | 1200 | 38897 |
| Torishima Pump Manufacturing Company, Ltd. | &nbsp;&nbsp;900 | 12394 |
| Tosei Corp. | 1600 | 37601 |
| Toshiba TEC Corp. | 1100 | 22500 |
| Tosho Company, Ltd. | 1300 | &nbsp;&nbsp;&nbsp;6687 |
| Totetsu Kogyo Company, Ltd. | 1000 | 29221 |
| Towa Corp. | 2400 | 34632 |
| Towa Pharmaceutical Company, Ltd. | 1500 | 30021 |
| Toyo Construction Company, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;8220 |
| Toyo Corp. | 1100 | 11875 |
| Toyo Denki Seizo KK | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;7630 |
| Toyo Gosei Company, Ltd. | &nbsp;&nbsp;300 | 12719 |
| Toyo Kanetsu KK | &nbsp;&nbsp;400 | 12600 |
| Toyo Tanso Company, Ltd. | 1000 | 29385 |
| Toyo Tire Corp. | 2000 | 53099 |
| Toyo Wharf & Warehouse Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;6311 |
| Toyobo Company, Ltd. | 4093 | 31446 |
| Toyoda Gosei Company, Ltd. | 2000 | 49670 |
| Toyota Boshoku Corp. | 2100 | 34758 |
| TPR Company, Ltd. | 2800 | 23012 |
| Transaction Company, Ltd. | 3400 | 27756 |
| Transcosmos, Inc. | &nbsp;&nbsp;800 | 19949 |
| Tri Chemical Laboratories, Inc. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;9838 |
| Trusco Nakayama Corp. | 2200 | 35455 |
| TS Tech Company, Ltd. | 3100 | 38952 |
| TSI Holdings Company, Ltd. | 1870 | 13330 |
| Tsubaki Nakashima Company, Ltd. | 2300 | &nbsp;&nbsp;&nbsp;6028 |
| Tsubakimoto Chain Company | 3600 | 52240 |
| Tsuburaya Fields Holdings, Inc. | 2100 | 32149 |
| Tsugami Corp. | 1600 | 25724 |
| Tsukishima Holdings Company, Ltd. | 2000 | 39709 |
| Tsukuba Bank, Ltd. | 5700 | 11968 |
| Tsumura & Company | 2600 | 63810 |
| Tsurumi Manufacturing Company, Ltd. | 2000 | 27194 |
| TV Asahi Holdings Corp. | &nbsp;&nbsp;500 | 11321 |
| UACJ Corp. | 4012 | 43535 |
| UBE Corp. | 3000 | 46290 |
| Ubicom Holdings, Inc. | &nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;3718 |
| Uchida Yoko Company, Ltd. | &nbsp;&nbsp;400 | 32641 |
| Ulvac, Inc. | 1100 | 47797 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| U-Next Holdings Company, Ltd. | 1500 | $21878 |
| Unipres Corp. | &nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;1655 |
| United Arrows, Ltd. | 1600 | 22620 |
| United Super Markets Holdings, Inc. | 2838 | 18498 |
| UNITED, Inc. (C) | 2600 | 10006 |
| Universal Entertainment Corp. (A) | 1200 | &nbsp;&nbsp;&nbsp;7899 |
| Ushio, Inc. | 2600 | 40911 |
| UT Group Company, Ltd. | 1500 | 27730 |
| V Technology Company, Ltd. | &nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;9304 |
| Valor Holdings Company, Ltd. | 1700 | 33406 |
| Valqua, Ltd. | 1000 | 25387 |
| Value HR Company, Ltd. | 1200 | 12825 |
| ValueCommerce Company, Ltd. | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;4837 |
| Vector, Inc. | &nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;6034 |
| Vertex Corp. | 2200 | 22969 |
| Vision, Inc. | 3300 | 27757 |
| Visional, Inc. (A) | &nbsp;&nbsp;900 | 68854 |
| Vital KSK Holdings, Inc. | 2100 | 18654 |
| VT Holdings Company, Ltd. | 6600 | 21989 |
| Wacoal Holdings Corp. | &nbsp;&nbsp;400 | 15228 |
| Wacom Company, Ltd. | 2700 | 14890 |
| Wakachiku Construction Company, Ltd. | &nbsp;&nbsp;900 | 31566 |
| Wakita & Company, Ltd. | 2300 | 28833 |
| Warabeya Nichiyo Holdings Company, Ltd. | &nbsp;&nbsp;900 | 17971 |
| Watahan & Company, Ltd. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;6328 |
| WDB Holdings Company, Ltd. | &nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;8213 |
| Weathernews, Inc. | &nbsp;&nbsp;600 | 19096 |
| Wellneo Sugar Company, Ltd. | 1100 | 19220 |
| West Holdings Corp. | &nbsp;&nbsp;716 | &nbsp;&nbsp;&nbsp;9474 |
| Will Group, Inc. | 1200 | &nbsp;&nbsp;&nbsp;8290 |
| WingArc1st, Inc. | &nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;4418 |
| World Company, Ltd. | &nbsp;&nbsp;700 | 13500 |
| World Holdings Company, Ltd. | &nbsp;&nbsp;600 | 10614 |
| Wowow, Inc. | &nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;5907 |
| Yahagi Construction Company, Ltd. | 2000 | 30332 |
| YAKUODO Holdings Company, Ltd. | &nbsp;&nbsp;700 | 10939 |
| YAMABIKO Corp. | &nbsp;&nbsp;800 | 13741 |
| YAMADA Consulting Group Company, Ltd. | 1100 | 13825 |
| Yamae Group Holdings Company, Ltd. | 1000 | 19181 |
| Yamaguchi Financial Group, Inc. | 3000 | 36424 |
| Yamazen Corp. | 1900 | 17914 |
| Yaoko Company, Ltd. | &nbsp;&nbsp;300 | 19513 |
| Yasuda Logistics Corp. | 1400 | 20019 |
| Yellow Hat, Ltd. | 2400 | 27409 |
| Yodogawa Steel Works, Ltd. | 2500 | 21943 |
| Yokogawa Bridge Holdings Corp. | 1000 | 19126 |
| Yokorei Company, Ltd. | 2900 | 23785 |
| Yokowo Company, Ltd. | 1200 | 12006 |
| Yomeishu Seizo Company, Ltd. | &nbsp;&nbsp;500 | 13294 |
| Yondoshi Holdings, Inc. | 1300 | 15142 |
| Yonex Company, Ltd. | 2100 | 53799 |
| Yorozu Corp. | 1800 | 11430 |
| Yoshinoya Holdings Company, Ltd. | 2500 | 50828 |
| Yuasa Trading Company, Ltd. | &nbsp;&nbsp;700 | 23949 |
| Yukiguni Factory Company, Ltd. | 1000 | &nbsp;&nbsp;&nbsp;7182 |
| Yurtec Corp. | 2000 | 36460 |
| Yushiro, Inc. | 1100 | 16830 |
| Zacros Corp. | 3200 | 22947 |
| Zenkoku Hosho Company, Ltd. | 2400 | 54381 |
| Zenrin Company, Ltd. | 1950 | 14118 |
| Zeon Corp. | 3800 | 42237 |
| ZERIA Pharmaceutical Company, Ltd. | 1200 | 16451 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Japan (continued)** |  |  |
| ZIGExN Company, Ltd. | &nbsp;&nbsp;1800 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6760 |
|  |  | 24803372 |
| **Liechtenstein - 0.1%** |  |  |
| Liechtensteinische Landesbank AG | &nbsp;&nbsp;&nbsp;&nbsp;587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56981 |
| VP Bank AG, Class A | &nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19529 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76510 |
| **Luxembourg - 0.5%** |  |  |
| APERAM SA | &nbsp;&nbsp;1921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62704 |
| Aroundtown SA (A) | 34053 | &nbsp;&nbsp;&nbsp;&nbsp;130937 |
| B&S Group Sarl (D) | &nbsp;&nbsp;&nbsp;&nbsp;983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6816 |
| Befesa SA (D) | &nbsp;&nbsp;1789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60691 |
| d'Amico International Shipping SA | &nbsp;&nbsp;3434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17477 |
| Eurofins Scientific SE | &nbsp;&nbsp;&nbsp;&nbsp;531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38724 |
| Grand City Properties SA (A) | &nbsp;&nbsp;2964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39191 |
| RTL Group SA (C) | &nbsp;&nbsp;1577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64773 |
| SES SA | 17182 | &nbsp;&nbsp;&nbsp;&nbsp;131436 |
| Sword Group | &nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11710 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;564459 |
| **Macau - 0.0%** |  |  |
| MECOM Power and Construction, Ltd. (A) | 87750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1808 |
| Wynn Macau, Ltd. | 29200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27079 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28887 |
| **Malaysia - 0.0%** |  |  |
| Frencken Group, Ltd. | 15400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16880 |
| **Mauritius - 0.0%** |  |  |
| Capital, Ltd. | &nbsp;&nbsp;9014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12918 |
| **Mongolia - 0.0%** |  |  |
| Mongolian Mining Corp. (A)(C) | 12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19213 |
| **Netherlands - 2.3%** |  |  |
| Aalberts NV | &nbsp;&nbsp;2473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81534 |
| Acomo NV | &nbsp;&nbsp;&nbsp;&nbsp;876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24090 |
| Aegon, Ltd. | &nbsp;&nbsp;3068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24734 |
| Aegon, Ltd., NYRS | &nbsp;&nbsp;8094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64671 |
| Akzo Nobel NV | &nbsp;&nbsp;2914 | &nbsp;&nbsp;&nbsp;&nbsp;207966 |
| Alfen N.V. (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7746 |
| AMG Critical Materials NV | &nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45643 |
| Arcadis NV | &nbsp;&nbsp;2707 | &nbsp;&nbsp;&nbsp;&nbsp;136687 |
| Basic-Fit NV (A)(C)(D) | &nbsp;&nbsp;2099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63895 |
| BE Semiconductor Industries NV | &nbsp;&nbsp;1367 | &nbsp;&nbsp;&nbsp;&nbsp;204682 |
| Brunel International NV (C) | &nbsp;&nbsp;1169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11195 |
| Corbion NV | &nbsp;&nbsp;1806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34830 |
| CTP NV (D) | &nbsp;&nbsp;2827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63088 |
| Flow Traders, Ltd. (A) | &nbsp;&nbsp;1631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48767 |
| ForFarmers NV | &nbsp;&nbsp;2398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12781 |
| Fugro NV | &nbsp;&nbsp;3425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36682 |
| IMCD NV | &nbsp;&nbsp;1458 | &nbsp;&nbsp;&nbsp;&nbsp;151118 |
| Innoconcepts NV (A)(B) | 10527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Just Eat Takeaway.com NV (A)(D) | &nbsp;&nbsp;2415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57326 |
| Kendrion NV | &nbsp;&nbsp;1244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20652 |
| Koninklijke BAM Groep NV | 13114 | &nbsp;&nbsp;&nbsp;&nbsp;124182 |
| Koninklijke Heijmans NV | &nbsp;&nbsp;1599 | &nbsp;&nbsp;&nbsp;&nbsp;111333 |
| Koninklijke Vopak NV | &nbsp;&nbsp;2696 | &nbsp;&nbsp;&nbsp;&nbsp;123740 |
| Nedap NV | &nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25040 |
| OCI NV (A) | &nbsp;&nbsp;2623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12156 |
| Pharming Group NV (A) | 30666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45108 |
| PostNL NV (C) | 17290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21248 |
| PPHE Hotel Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10891 |
| QIAGEN NV | &nbsp;&nbsp;3756 | &nbsp;&nbsp;&nbsp;&nbsp;167818 |
| Randstad NV | &nbsp;&nbsp;3405 | &nbsp;&nbsp;&nbsp;&nbsp;145187 |
| SBM Offshore NV | &nbsp;&nbsp;5505 | &nbsp;&nbsp;&nbsp;&nbsp;140879 |
| SIF Holding NV (A) | &nbsp;&nbsp;&nbsp;&nbsp;588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5350 |
| Signify NV (D) | &nbsp;&nbsp;5215 | &nbsp;&nbsp;&nbsp;&nbsp;137156 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Netherlands (continued)** |  |  |
| Sligro Food Group NV | &nbsp;&nbsp;1151 | $&nbsp;&nbsp;&nbsp;&nbsp;14279 |
| TKH Group NV | &nbsp;&nbsp;1628 | &nbsp;&nbsp;&nbsp;&nbsp;70462 |
| TomTom NV (A) | &nbsp;&nbsp;3258 | &nbsp;&nbsp;&nbsp;&nbsp;20554 |
| Van Lanschot Kempen NV | &nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp;78132 |
|  |  | 2551602 |
| **New Zealand - 0.4%** |  |  |
| Air New Zealand, Ltd. | 37974 | &nbsp;&nbsp;&nbsp;&nbsp;13092 |
| Channel Infrastructure NZ, Ltd. | 12625 | &nbsp;&nbsp;&nbsp;&nbsp;19030 |
| Delegat Group, Ltd. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3075 |
| Fletcher Building, Ltd. (A) | &nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;&nbsp;15834 |
| Freightways Group, Ltd. | &nbsp;&nbsp;5690 | &nbsp;&nbsp;&nbsp;&nbsp;45201 |
| Genesis Energy, Ltd. | &nbsp;&nbsp;8189 | &nbsp;&nbsp;&nbsp;&nbsp;11158 |
| Gentrack Group, Ltd. (A) | &nbsp;&nbsp;3060 | &nbsp;&nbsp;&nbsp;&nbsp;18272 |
| Hallenstein Glasson Holdings, Ltd. | &nbsp;&nbsp;3354 | &nbsp;&nbsp;&nbsp;&nbsp;17859 |
| Heartland Group Holdings, Ltd. | 31010 | &nbsp;&nbsp;&nbsp;&nbsp;18906 |
| Investore Property, Ltd. | 15094 | &nbsp;&nbsp;&nbsp;&nbsp;10855 |
| KMD Brands, Ltd. (A) | 25838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4049 |
| NZME, Ltd. | 13259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8070 |
| NZX, Ltd. | 18453 | &nbsp;&nbsp;&nbsp;&nbsp;14837 |
| Oceania Healthcare, Ltd. (A) | 41920 | &nbsp;&nbsp;&nbsp;&nbsp;16804 |
| Pacific Edge, Ltd. (A) | 27936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3079 |
| PGG Wrightson, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1092 |
| Restaurant Brands New Zealand, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2511 |
| Ryman Healthcare, Ltd. (A) | &nbsp;&nbsp;7717 | &nbsp;&nbsp;&nbsp;&nbsp;11558 |
| Sanford, Ltd. | &nbsp;&nbsp;2767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8868 |
| Scales Corp., Ltd. | &nbsp;&nbsp;5176 | &nbsp;&nbsp;&nbsp;&nbsp;17076 |
| Serko, Ltd. (A) | &nbsp;&nbsp;2827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4423 |
| Skellerup Holdings, Ltd. | &nbsp;&nbsp;7637 | &nbsp;&nbsp;&nbsp;&nbsp;22939 |
| SKY Network Television, Ltd. | &nbsp;&nbsp;6265 | &nbsp;&nbsp;&nbsp;&nbsp;11323 |
| SKYCITY Entertainment Group, Ltd. (A) | 29610 | &nbsp;&nbsp;&nbsp;&nbsp;11366 |
| Summerset Group Holdings, Ltd. | &nbsp;&nbsp;5559 | &nbsp;&nbsp;&nbsp;&nbsp;34411 |
| The Warehouse Group, Ltd. (A) | &nbsp;&nbsp;9894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4615 |
| Tourism Holdings, Ltd. | &nbsp;&nbsp;7292 | &nbsp;&nbsp;&nbsp;&nbsp;11090 |
| TOWER, Ltd. | 10300 | &nbsp;&nbsp;&nbsp;&nbsp;10452 |
| Turners Automotive Group, Ltd. | &nbsp;&nbsp;2590 | &nbsp;&nbsp;&nbsp;&nbsp;10725 |
| Vista Group International, Ltd. (A) | &nbsp;&nbsp;7682 | &nbsp;&nbsp;&nbsp;&nbsp;13232 |
| Vulcan Steel, Ltd. | &nbsp;&nbsp;2932 | &nbsp;&nbsp;&nbsp;&nbsp;13613 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;409415 |
| **Norway - 0.7%** |  |  |
| ABG Sundal Collier Holding ASA | 24237 | &nbsp;&nbsp;&nbsp;&nbsp;16794 |
| AF Gruppen ASA (A) | &nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp;12098 |
| Akastor ASA | &nbsp;&nbsp;6104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7017 |
| ArcticZymes Technologies ASA (A) | &nbsp;&nbsp;&nbsp;&nbsp;962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 |
| Atea ASA (A) | &nbsp;&nbsp;2860 | &nbsp;&nbsp;&nbsp;&nbsp;41258 |
| Axactor ASA (A) | 14729 | &nbsp;&nbsp;&nbsp;&nbsp;11188 |
| B2 Impact ASA | &nbsp;&nbsp;8867 | &nbsp;&nbsp;&nbsp;&nbsp;15334 |
| BLUENORD ASA (A) | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;41361 |
| Bonheur ASA | &nbsp;&nbsp;1411 | &nbsp;&nbsp;&nbsp;&nbsp;31775 |
| Bouvet ASA | &nbsp;&nbsp;3002 | &nbsp;&nbsp;&nbsp;&nbsp;19828 |
| BW Offshore, Ltd. | &nbsp;&nbsp;4568 | &nbsp;&nbsp;&nbsp;&nbsp;16887 |
| Cloudberry Clean Energy ASA (A) | &nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7518 |
| DNO ASA | 18710 | &nbsp;&nbsp;&nbsp;&nbsp;28697 |
| Elkem ASA (A)(D) | &nbsp;&nbsp;6721 | &nbsp;&nbsp;&nbsp;&nbsp;17710 |
| Elmera Group ASA (D) | &nbsp;&nbsp;5860 | &nbsp;&nbsp;&nbsp;&nbsp;20023 |
| Elopak ASA | &nbsp;&nbsp;2737 | &nbsp;&nbsp;&nbsp;&nbsp;12601 |
| Europris ASA (D) | &nbsp;&nbsp;6315 | &nbsp;&nbsp;&nbsp;&nbsp;64117 |
| Grieg Seafood ASA (A) | &nbsp;&nbsp;2264 | &nbsp;&nbsp;&nbsp;&nbsp;15069 |
| Hexagon Composites ASA (A) | &nbsp;&nbsp;6450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7053 |
| Hexagon Purus ASA (A) | &nbsp;&nbsp;2213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377 |
| Kid ASA (D) | &nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp;16885 |
| Kitron ASA | &nbsp;&nbsp;9158 | &nbsp;&nbsp;&nbsp;&nbsp;53629 |
| LINK Mobility Group Holding ASA (A) | &nbsp;&nbsp;9965 | &nbsp;&nbsp;&nbsp;&nbsp;29677 |
| Medistim ASA | &nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8032 |
| MPC Container Ships ASA | 15398 | &nbsp;&nbsp;&nbsp;&nbsp;25454 |
| Multiconsult ASA (D) | &nbsp;&nbsp;&nbsp;&nbsp;554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9744 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Norway (continued)** |  |  |
| Norske Skog ASA (A)(D) | &nbsp;&nbsp;&nbsp;1815 | $&nbsp;&nbsp;&nbsp;&nbsp;3498 |
| Norwegian Air Shuttle ASA | &nbsp;&nbsp;11101 | &nbsp;&nbsp;&nbsp;17716 |
| Odfjell Drilling, Ltd. | &nbsp;&nbsp;&nbsp;4970 | &nbsp;&nbsp;&nbsp;38718 |
| Panoro Energy ASA (A) | &nbsp;&nbsp;&nbsp;3699 | &nbsp;&nbsp;&nbsp;&nbsp;8523 |
| Pareto Bank ASA | &nbsp;&nbsp;&nbsp;1457 | &nbsp;&nbsp;&nbsp;13376 |
| PhotoCure ASA (A) | &nbsp;&nbsp;&nbsp;2625 | &nbsp;&nbsp;&nbsp;15514 |
| SATS ASA (A) | &nbsp;&nbsp;&nbsp;5362 | &nbsp;&nbsp;&nbsp;20427 |
| Scatec ASA (A)(D) | &nbsp;&nbsp;&nbsp;4993 | &nbsp;&nbsp;&nbsp;49285 |
| Selvaag Bolig ASA | &nbsp;&nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp;6555 |
| SmartCraft ASA (A) | &nbsp;&nbsp;&nbsp;4384 | &nbsp;&nbsp;&nbsp;11982 |
| Solstad Maritime Holding AS | &nbsp;&nbsp;&nbsp;1586 | &nbsp;&nbsp;&nbsp;&nbsp;3629 |
| Sparebanken More | &nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;13272 |
| TGS ASA | &nbsp;&nbsp;&nbsp;2915 | &nbsp;&nbsp;&nbsp;21652 |
|  |  | 756873 |
| **Peru - 0.1%** |  |  |
| Hochschild Mining PLC | &nbsp;&nbsp;21070 | 101072 |
| **Poland - 0.1%** |  |  |
| InPost SA (A) | &nbsp;&nbsp;&nbsp;4504 | &nbsp;&nbsp;&nbsp;55452 |
| **Portugal - 0.4%** |  |  |
| Altri SGPS SA | &nbsp;&nbsp;&nbsp;2851 | &nbsp;&nbsp;&nbsp;16786 |
| Banco Comercial Portugues SA | 255493 | 226813 |
| Corticeira Amorim SGPS SA | &nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;17778 |
| CTT-Correios de Portugal SA | &nbsp;&nbsp;&nbsp;4239 | &nbsp;&nbsp;&nbsp;36123 |
| Mota-Engil SGPS SA | &nbsp;&nbsp;&nbsp;5636 | &nbsp;&nbsp;&nbsp;33869 |
| NOS SGPS SA | &nbsp;&nbsp;&nbsp;4757 | &nbsp;&nbsp;&nbsp;21771 |
| REN - Redes Energeticas Nacionais SGPS SA | &nbsp;&nbsp;14895 | &nbsp;&nbsp;&nbsp;53547 |
| Sonae SGPS SA | &nbsp;&nbsp;34734 | &nbsp;&nbsp;&nbsp;54563 |
| The Navigator Company SA | &nbsp;&nbsp;&nbsp;6459 | &nbsp;&nbsp;&nbsp;24855 |
|  |  | 486105 |
| **Singapore - 1.1%** |  |  |
| AEM Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;9191 | &nbsp;&nbsp;&nbsp;13009 |
| ASMPT, Ltd. | &nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;71709 |
| Banyan Tree Holdings, Ltd. | &nbsp;&nbsp;19800 | &nbsp;&nbsp;&nbsp;&nbsp;9530 |
| Boustead Singapore, Ltd. | &nbsp;&nbsp;10445 | &nbsp;&nbsp;&nbsp;13289 |
| Bukit Sembawang Estates, Ltd. | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;35641 |
| Capitaland India Trust | &nbsp;&nbsp;50467 | &nbsp;&nbsp;&nbsp;46972 |
| China Aviation Oil Singapore Corp., Ltd. | &nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;14857 |
| City Developments, Ltd. | &nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;27357 |
| ComfortDelGro Corp., Ltd. | &nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;77608 |
| COSCO Shipping International Singapore Company, Ltd. (A) | &nbsp;&nbsp;58900 | &nbsp;&nbsp;&nbsp;&nbsp;5526 |
| CSE Global, Ltd. (C) | &nbsp;&nbsp;37446 | &nbsp;&nbsp;&nbsp;21082 |
| Delfi, Ltd. | &nbsp;&nbsp;21900 | &nbsp;&nbsp;&nbsp;13418 |
| Ezion Holdings, Ltd. (A)(B) | 131300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Far East Orchard, Ltd. | &nbsp;&nbsp;&nbsp;5140 | &nbsp;&nbsp;&nbsp;&nbsp;4992 |
| First Resources, Ltd. | &nbsp;&nbsp;19300 | &nbsp;&nbsp;&nbsp;25150 |
| Fraser and Neave, Ltd. | &nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;9940 |
| Gallant Venture, Ltd. (A) | &nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;&nbsp;4403 |
| Golden Agri-Resources, Ltd. | 183600 | &nbsp;&nbsp;&nbsp;41952 |
| GuocoLand, Ltd. | &nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;16123 |
| Haw Par Corp., Ltd. | &nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;51760 |
| Ho Bee Land, Ltd. | &nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;19268 |
| Hong Fok Corp., Ltd. | &nbsp;&nbsp;20100 | &nbsp;&nbsp;&nbsp;12463 |
| Hong Leong Finance, Ltd. | &nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;26089 |
| Hyflux, Ltd. (A)(B) | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| iFAST Corp., Ltd. | &nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;23400 |
| IGG, Inc. | &nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;21979 |
| Indofood Agri Resources, Ltd. | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;7074 |
| Keppel Infrastructure Trust | 112549 | &nbsp;&nbsp;&nbsp;40571 |
| Metro Holdings, Ltd. | &nbsp;&nbsp;31600 | &nbsp;&nbsp;&nbsp;12724 |
| Midas Holdings, Ltd. (A)(B) | &nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Nanofilm Technologies International, Ltd. | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;3887 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Singapore (continued)** |  |  |
| NetLink NBN Trust | &nbsp;&nbsp;&nbsp;&nbsp;91100 | $&nbsp;&nbsp;&nbsp;&nbsp;67099 |
| Oceanus Group, Ltd. (A) | 1035500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4007 |
| OM Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1931 |
| OUE, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;11100 | &nbsp;&nbsp;&nbsp;&nbsp;10159 |
| Oxley Holdings, Ltd. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;27222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2258 |
| Raffles Medical Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;35758 | &nbsp;&nbsp;&nbsp;&nbsp;27196 |
| Riverstone Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;32900 | &nbsp;&nbsp;&nbsp;&nbsp;18231 |
| SBS Transit, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;12261 |
| Seatrium, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;34600 | &nbsp;&nbsp;&nbsp;&nbsp;63692 |
| Sheng Siong Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;29900 | &nbsp;&nbsp;&nbsp;&nbsp;48245 |
| SIA Engineering Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;12800 | &nbsp;&nbsp;&nbsp;&nbsp;35128 |
| Singapore Land Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;17017 |
| Singapore Post, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;66100 | &nbsp;&nbsp;&nbsp;&nbsp;21544 |
| Stamford Land Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;69044 | &nbsp;&nbsp;&nbsp;&nbsp;22964 |
| StarHub, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;25600 | &nbsp;&nbsp;&nbsp;&nbsp;22433 |
| Straits Trading Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017 |
| Swiber Holdings, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| The Hour Glass, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;&nbsp;15978 |
| Thomson Medical Group, Ltd. (A) | &nbsp;&nbsp;212000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9833 |
| UMS Integration, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;22800 | &nbsp;&nbsp;&nbsp;&nbsp;24600 |
| UOB-Kay Hian Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;19316 | &nbsp;&nbsp;&nbsp;&nbsp;35820 |
| UOL Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp;23019 |
| Venture Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;76787 |
| Wing Tai Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;21205 | &nbsp;&nbsp;&nbsp;&nbsp;23014 |
| Yeo Hiap Seng, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534 |
|  |  | 1257540 |
| **South Africa - 0.1%** |  |  |
| Pan African Resources PLC | &nbsp;&nbsp;130880 | &nbsp;&nbsp;&nbsp;&nbsp;154440 |
| **Spain - 2.3%** |  |  |
| Acciona SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;108507 |
| Acerinox SA | &nbsp;&nbsp;&nbsp;&nbsp;7076 | &nbsp;&nbsp;&nbsp;&nbsp;92938 |
| Aedas Homes SA (D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426 | &nbsp;&nbsp;&nbsp;&nbsp;10637 |
| Almirall SA | &nbsp;&nbsp;&nbsp;&nbsp;2313 | &nbsp;&nbsp;&nbsp;&nbsp;31338 |
| Amper SA (A) | &nbsp;&nbsp;153222 | &nbsp;&nbsp;&nbsp;&nbsp;24312 |
| Atresmedia Corp. de Medios de Comunicacion SA | &nbsp;&nbsp;&nbsp;&nbsp;4211 | &nbsp;&nbsp;&nbsp;&nbsp;27732 |
| Audax Renovables SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;7306 | &nbsp;&nbsp;&nbsp;&nbsp;11445 |
| Bankinter SA | &nbsp;&nbsp;&nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;&nbsp;203928 |
| Caja de Ahorros del Mediterraneo (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;5428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| CIE Automotive SA | &nbsp;&nbsp;&nbsp;&nbsp;1829 | &nbsp;&nbsp;&nbsp;&nbsp;57294 |
| Construcciones y Auxiliar de Ferrocarriles SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp;53003 |
| Corp ACCIONA Energias Renovables SA | &nbsp;&nbsp;&nbsp;&nbsp;1077 | &nbsp;&nbsp;&nbsp;&nbsp;27948 |
| Distribuidora Internacional de Alimentacion SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp;11242 |
| Ebro Foods SA | &nbsp;&nbsp;&nbsp;&nbsp;2006 | &nbsp;&nbsp;&nbsp;&nbsp;43213 |
| EDP Renovaveis SA | &nbsp;&nbsp;&nbsp;&nbsp;2640 | &nbsp;&nbsp;&nbsp;&nbsp;34892 |
| eDreams ODIGEO SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp;15515 |
| Elecnor SA | &nbsp;&nbsp;&nbsp;&nbsp;2026 | &nbsp;&nbsp;&nbsp;&nbsp;57757 |
| Enagas SA | &nbsp;&nbsp;&nbsp;&nbsp;9373 | &nbsp;&nbsp;&nbsp;&nbsp;146442 |
| Ence Energia y Celulosa SA (C) | &nbsp;&nbsp;&nbsp;&nbsp;6294 | &nbsp;&nbsp;&nbsp;&nbsp;20921 |
| Ercros SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;5006 | &nbsp;&nbsp;&nbsp;&nbsp;15862 |
| Faes Farma SA | &nbsp;&nbsp;&nbsp;&nbsp;11446 | &nbsp;&nbsp;&nbsp;&nbsp;57507 |
| Fluidra SA | &nbsp;&nbsp;&nbsp;&nbsp;2959 | &nbsp;&nbsp;&nbsp;&nbsp;80494 |
| Gestamp Automocion SA (D) | &nbsp;&nbsp;&nbsp;&nbsp;7287 | &nbsp;&nbsp;&nbsp;&nbsp;28337 |
| Global Dominion Access SA (D) | &nbsp;&nbsp;&nbsp;&nbsp;5439 | &nbsp;&nbsp;&nbsp;&nbsp;20944 |
| Grenergy Renovables SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;&nbsp;&nbsp;43486 |
| Grifols SA | &nbsp;&nbsp;&nbsp;&nbsp;7462 | &nbsp;&nbsp;&nbsp;&nbsp;108640 |
| Grupo Catalana Occidente SA | &nbsp;&nbsp;&nbsp;&nbsp;1523 | &nbsp;&nbsp;&nbsp;&nbsp;87451 |
| Grupo Empresarial San Jose SA | &nbsp;&nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp;17156 |
| Iberpapel Gestion SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1513 |
| Indra Sistemas SA | &nbsp;&nbsp;&nbsp;&nbsp;3472 | &nbsp;&nbsp;&nbsp;&nbsp;155461 |
| Laboratorios Farmaceuticos Rovi SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp;65165 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Spain (continued)** |  |  |
| Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 27501 | $&nbsp;&nbsp;&nbsp;&nbsp;41665 |
| Logista Integral SA | &nbsp;&nbsp;1957 | &nbsp;&nbsp;&nbsp;&nbsp;66474 |
| Mapfre SA | 16941 | &nbsp;&nbsp;&nbsp;&nbsp;80419 |
| Melia Hotels International SA | &nbsp;&nbsp;4842 | &nbsp;&nbsp;&nbsp;&nbsp;42228 |
| Neinor Homes SA (A)(D) | &nbsp;&nbsp;1318 | &nbsp;&nbsp;&nbsp;&nbsp;26900 |
| Obrascon Huarte Lain SA (A) | 27496 | &nbsp;&nbsp;&nbsp;&nbsp;14322 |
| Pharma Mar SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;409 | &nbsp;&nbsp;&nbsp;&nbsp;43771 |
| Promotora de Informaciones SA, Class A (A) | 11711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5079 |
| Prosegur Cash SA (D) | 24667 | &nbsp;&nbsp;&nbsp;&nbsp;22064 |
| Realia Business SA (A) | 17710 | &nbsp;&nbsp;&nbsp;&nbsp;19567 |
| Redeia Corp. SA | &nbsp;&nbsp;4192 | &nbsp;&nbsp;&nbsp;&nbsp;80938 |
| Sacyr SA | 13421 | &nbsp;&nbsp;&nbsp;&nbsp;56339 |
| Solaria Energia y Medio Ambiente SA (A) | &nbsp;&nbsp;2636 | &nbsp;&nbsp;&nbsp;&nbsp;33808 |
| Soltec Power Holdings SA (A)(B) | &nbsp;&nbsp;2101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2956 |
| Tecnicas Reunidas SA (A) | &nbsp;&nbsp;1625 | &nbsp;&nbsp;&nbsp;&nbsp;50773 |
| Tubacex SA (C) | &nbsp;&nbsp;6252 | &nbsp;&nbsp;&nbsp;&nbsp;26015 |
| Unicaja Banco SA (D) | 36432 | &nbsp;&nbsp;&nbsp;&nbsp;100251 |
| Vidrala SA | &nbsp;&nbsp;&nbsp;&nbsp;871 | &nbsp;&nbsp;&nbsp;&nbsp;92247 |
| Viscofan SA | &nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;&nbsp;105287 |
|  |  | 2572183 |
| **Sweden - 2.6%** |  |  |
| AcadeMedia AB (D) | &nbsp;&nbsp;3665 | &nbsp;&nbsp;&nbsp;&nbsp;38059 |
| AddLife AB, B Shares | &nbsp;&nbsp;2462 | &nbsp;&nbsp;&nbsp;&nbsp;46605 |
| AddNode Group AB | &nbsp;&nbsp;5860 | &nbsp;&nbsp;&nbsp;&nbsp;65604 |
| AFRY AB | &nbsp;&nbsp;3857 | &nbsp;&nbsp;&nbsp;&nbsp;66500 |
| Alimak Group AB (D) | &nbsp;&nbsp;3056 | &nbsp;&nbsp;&nbsp;&nbsp;50327 |
| Alleima AB | &nbsp;&nbsp;7527 | &nbsp;&nbsp;&nbsp;&nbsp;57189 |
| Alligo AB, Class B | &nbsp;&nbsp;2270 | &nbsp;&nbsp;&nbsp;&nbsp;27624 |
| Ambea AB (D) | &nbsp;&nbsp;3505 | &nbsp;&nbsp;&nbsp;&nbsp;50544 |
| Annehem Fastigheter AB, B Shares (A) | &nbsp;&nbsp;1732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3217 |
| AQ Group AB | &nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp;48352 |
| Arjo AB, B Shares | 10690 | &nbsp;&nbsp;&nbsp;&nbsp;37558 |
| Attendo AB (D) | &nbsp;&nbsp;5286 | &nbsp;&nbsp;&nbsp;&nbsp;39749 |
| Balco Group AB (A) | &nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1626 |
| Beijer Alma AB | &nbsp;&nbsp;1857 | &nbsp;&nbsp;&nbsp;&nbsp;48736 |
| Bergman & Beving AB | &nbsp;&nbsp;&nbsp;&nbsp;902 | &nbsp;&nbsp;&nbsp;&nbsp;31205 |
| Betsson AB, B Shares (A) | &nbsp;&nbsp;2862 | &nbsp;&nbsp;&nbsp;&nbsp;47371 |
| BHG Group AB (A) | &nbsp;&nbsp;2406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7005 |
| Bilia AB, A Shares | &nbsp;&nbsp;2411 | &nbsp;&nbsp;&nbsp;&nbsp;29477 |
| Billerud AB | &nbsp;&nbsp;3292 | &nbsp;&nbsp;&nbsp;&nbsp;29633 |
| BioInvent International AB (A) | &nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6729 |
| Bonava AB, B Shares (A) | &nbsp;&nbsp;9969 | &nbsp;&nbsp;&nbsp;&nbsp;12770 |
| Bravida Holding AB (D) | &nbsp;&nbsp;1969 | &nbsp;&nbsp;&nbsp;&nbsp;19220 |
| BTS Group AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6616 |
| Bufab AB | &nbsp;&nbsp;4360 | &nbsp;&nbsp;&nbsp;&nbsp;41020 |
| Bulten AB | &nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4056 |
| Bure Equity AB | &nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;41348 |
| Byggmax Group AB | &nbsp;&nbsp;3711 | &nbsp;&nbsp;&nbsp;&nbsp;22516 |
| Catella AB | &nbsp;&nbsp;2217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7352 |
| Cellavision AB | &nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp;18296 |
| Cibus Nordic Real Estate AB | &nbsp;&nbsp;1681 | &nbsp;&nbsp;&nbsp;&nbsp;30283 |
| Cint Group AB (A) | 13640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8989 |
| Clas Ohlson AB, B Shares | &nbsp;&nbsp;1557 | &nbsp;&nbsp;&nbsp;&nbsp;61205 |
| Cloetta AB, B Shares | 10640 | &nbsp;&nbsp;&nbsp;&nbsp;38393 |
| Coor Service Management Holding AB (D) | &nbsp;&nbsp;5027 | &nbsp;&nbsp;&nbsp;&nbsp;25858 |
| Corem Property Group AB, B Shares | 14214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6226 |
| Corem Property Group AB, D Shares | &nbsp;&nbsp;&nbsp;&nbsp;408 | &nbsp;&nbsp;&nbsp;&nbsp;10625 |
| CTT Systems AB | &nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp;13341 |
| Dios Fastigheter AB | &nbsp;&nbsp;5109 | &nbsp;&nbsp;&nbsp;&nbsp;35470 |
| Dometic Group AB (D) | &nbsp;&nbsp;3643 | &nbsp;&nbsp;&nbsp;&nbsp;19088 |
| Dustin Group AB (A)(D) | 59748 | &nbsp;&nbsp;&nbsp;&nbsp;10713 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Sweden (continued)** |  |  |
| Dynavox Group AB (A) | &nbsp;&nbsp;2821 | $34243 |
| Elanders AB, B Shares | &nbsp;&nbsp;1468 | &nbsp;&nbsp;&nbsp;8672 |
| Electrolux Professional AB, B Shares | &nbsp;&nbsp;9620 | 62018 |
| Elekta AB, B Shares | &nbsp;&nbsp;7054 | 35729 |
| Enea AB (A) | &nbsp;&nbsp;1522 | 11792 |
| Fagerhult Group AB | &nbsp;&nbsp;2581 | 11249 |
| Fastighets AB Trianon (A) | &nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;3009 |
| Fastighetsbolaget Emilshus AB, B Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;1081 |
| FastPartner AB, A Shares | &nbsp;&nbsp;2697 | 14544 |
| Ferronordic AB (A) | &nbsp;&nbsp;&nbsp;&nbsp;318 | &nbsp;&nbsp;&nbsp;1558 |
| G5 Entertainment AB | &nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;3210 |
| Granges AB | &nbsp;&nbsp;4281 | 53205 |
| Green Landscaping Group AB (A)(D) | &nbsp;&nbsp;1593 | &nbsp;&nbsp;&nbsp;8801 |
| Heba Fastighets AB, Class B | &nbsp;&nbsp;4570 | 15407 |
| Hexatronic Group AB (A) | &nbsp;&nbsp;6047 | 12372 |
| HMS Networks AB (A) | &nbsp;&nbsp;&nbsp;&nbsp;323 | 14253 |
| Hoist Finance AB (D) | &nbsp;&nbsp;3383 | 35889 |
| Hufvudstaden AB, A Shares | &nbsp;&nbsp;1892 | 25509 |
| Humana AB | &nbsp;&nbsp;2641 | 11770 |
| Instalco AB | &nbsp;&nbsp;7730 | 20950 |
| Inwido AB | &nbsp;&nbsp;1534 | 29079 |
| JM AB | &nbsp;&nbsp;2484 | 37159 |
| Karnov Group AB (A) | &nbsp;&nbsp;1497 | 17935 |
| K-fast Holding AB (A) | &nbsp;&nbsp;1142 | &nbsp;&nbsp;&nbsp;1748 |
| KNOW IT AB | &nbsp;&nbsp;1459 | 16033 |
| Lime Technologies AB | &nbsp;&nbsp;&nbsp;&nbsp;558 | 18914 |
| Lindab International AB | &nbsp;&nbsp;2753 | 58132 |
| Medcap AB (A) | &nbsp;&nbsp;&nbsp;&nbsp;576 | 34719 |
| MEKO AB | &nbsp;&nbsp;2150 | 18535 |
| MIPS AB | &nbsp;&nbsp;&nbsp;&nbsp;434 | 15781 |
| Modern Times Group MTG AB, B Shares (A) | &nbsp;&nbsp;2851 | 33413 |
| Momentum Group AB | &nbsp;&nbsp;1535 | 25640 |
| NCC AB, B Shares | &nbsp;&nbsp;3723 | 85606 |
| Nederman Holding AB | &nbsp;&nbsp;&nbsp;&nbsp;887 | 15161 |
| Net Insight AB, B Shares (A) | 16550 | &nbsp;&nbsp;&nbsp;7596 |
| New Wave Group AB, B Shares | &nbsp;&nbsp;3382 | 39620 |
| Nobia AB (A) | 26704 | 13314 |
| Nolato AB, B Shares | &nbsp;&nbsp;6748 | 42323 |
| Note AB | &nbsp;&nbsp;&nbsp;&nbsp;776 | 14795 |
| NP3 Fastigheter AB | &nbsp;&nbsp;1226 | 32806 |
| Nyfosa AB | &nbsp;&nbsp;6996 | 61104 |
| OEM International AB, B Shares | &nbsp;&nbsp;2670 | 40620 |
| Orron Energy AB (A) | &nbsp;&nbsp;7422 | &nbsp;&nbsp;&nbsp;3806 |
| Peab AB, Class B | &nbsp;&nbsp;4540 | 36973 |
| Platzer Fastigheter Holding AB, Series B | &nbsp;&nbsp;3454 | 25337 |
| Pricer AB, B Shares (A) | 11102 | &nbsp;&nbsp;&nbsp;5919 |
| Proact IT Group AB | &nbsp;&nbsp;1428 | 14105 |
| Ratos AB, B Shares | &nbsp;&nbsp;8255 | 32401 |
| RaySearch Laboratories AB | &nbsp;&nbsp;2452 | 65824 |
| Samhallsbyggnadsbolaget i Norden AB (A) | 40938 | 22386 |
| Scandi Standard AB | &nbsp;&nbsp;2160 | 21704 |
| Scandic Hotels Group AB (D) | &nbsp;&nbsp;6887 | 65143 |
| Sdiptech AB, Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;738 | 13655 |
| Sensys Gatso Group AB (A) | &nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;1221 |
| SkiStar AB | &nbsp;&nbsp;2041 | 34184 |
| Solid Forsakring AB | &nbsp;&nbsp;&nbsp;&nbsp;623 | &nbsp;&nbsp;&nbsp;4966 |
| Stendorren Fastigheter AB (A) | &nbsp;&nbsp;1288 | 26920 |
| Stillfront Group AB (A) | 19809 | 13443 |
| Storskogen Group AB, Class B | 39199 | 40038 |
| Synsam AB | &nbsp;&nbsp;3085 | 18914 |
| Systemair AB | &nbsp;&nbsp;3796 | 31608 |
| TF Bank AB | &nbsp;&nbsp;&nbsp;&nbsp;638 | 12284 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Sweden (continued)** |  |  |
| Truecaller AB, Class B | &nbsp;&nbsp;9962 | $&nbsp;&nbsp;&nbsp;&nbsp;44014 |
| VBG Group AB, B Shares | &nbsp;&nbsp;1018 | &nbsp;&nbsp;&nbsp;&nbsp;34080 |
| Viaplay Group AB (A) | 12648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1765 |
| Vitec Software Group AB, B Shares | &nbsp;&nbsp;1147 | &nbsp;&nbsp;&nbsp;&nbsp;40480 |
| Vitrolife AB | &nbsp;&nbsp;&nbsp;&nbsp;979 | &nbsp;&nbsp;&nbsp;&nbsp;13532 |
| Volati AB | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8993 |
| XANO Industri AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4119 |
|  |  | 2849603 |
| **Switzerland - 7.6%** |  |  |
| Accelleron Industries AG | &nbsp;&nbsp;3791 | &nbsp;&nbsp;&nbsp;&nbsp;321040 |
| Adecco Group AG | &nbsp;&nbsp;6476 | &nbsp;&nbsp;&nbsp;&nbsp;182446 |
| Allreal Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;&nbsp;150772 |
| ALSO Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;52223 |
| APG SGA SA | &nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;21795 |
| Arbonia AG | &nbsp;&nbsp;2962 | &nbsp;&nbsp;&nbsp;&nbsp;19545 |
| Aryzta AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp;77897 |
| Ascom Holding AG | &nbsp;&nbsp;1310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5748 |
| Autoneum Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;25727 |
| Avolta AG (A) | &nbsp;&nbsp;2343 | &nbsp;&nbsp;&nbsp;&nbsp;127936 |
| Baloise Holding AG | &nbsp;&nbsp;1306 | &nbsp;&nbsp;&nbsp;&nbsp;323230 |
| Banque Cantonale de Geneve, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;142 | &nbsp;&nbsp;&nbsp;&nbsp;42386 |
| Banque Cantonale Vaudoise | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;59249 |
| Barry Callebaut AG (C) | &nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;48202 |
| Belimo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp;362839 |
| Bell Food Group AG | &nbsp;&nbsp;&nbsp;&nbsp;138 | &nbsp;&nbsp;&nbsp;&nbsp;41994 |
| Bellevue Group AG | &nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4351 |
| Berner Kantonalbank AG | &nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp;79371 |
| BKW AG | &nbsp;&nbsp;&nbsp;&nbsp;494 | &nbsp;&nbsp;&nbsp;&nbsp;105953 |
| Bossard Holding AG, Class A | &nbsp;&nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp;&nbsp;&nbsp;52660 |
| Bucher Industries AG | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;134475 |
| Burckhardt Compression Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;98174 |
| Burkhalter Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;68 | &nbsp;&nbsp;&nbsp;&nbsp;11589 |
| Bystronic AG | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;28440 |
| Calida Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 |
| Carlo Gavazzi Holding AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7567 |
| Cembra Money Bank AG | &nbsp;&nbsp;1219 | &nbsp;&nbsp;&nbsp;&nbsp;140294 |
| Cham Swiss Properties AG | &nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6029 |
| Cicor Technologies, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp;20543 |
| Cie Financiere Tradition SA, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;37039 |
| Clariant AG (A) | &nbsp;&nbsp;8951 | &nbsp;&nbsp;&nbsp;&nbsp;83275 |
| Coltene Holding AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;198 | &nbsp;&nbsp;&nbsp;&nbsp;11145 |
| Daetwyler Holding AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;49423 |
| DKSH Holding AG | &nbsp;&nbsp;1242 | &nbsp;&nbsp;&nbsp;&nbsp;84519 |
| DocMorris AG (A) | &nbsp;&nbsp;2460 | &nbsp;&nbsp;&nbsp;&nbsp;18354 |
| dormakaba Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp;117932 |
| EFG International AG (A) | &nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp;76576 |
| Emmi AG | &nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;&nbsp;&nbsp;74378 |
| Feintool International Holding AG (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5456 |
| Fenix Outdoor International AG | &nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;11058 |
| Flughafen Zurich AG | &nbsp;&nbsp;&nbsp;&nbsp;824 | &nbsp;&nbsp;&nbsp;&nbsp;252300 |
| Forbo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;35733 |
| Fundamenta Real Estate AG (A) | &nbsp;&nbsp;1563 | &nbsp;&nbsp;&nbsp;&nbsp;34871 |
| Galenica AG (D) | &nbsp;&nbsp;2006 | &nbsp;&nbsp;&nbsp;&nbsp;218370 |
| GAM Holding AG (A) | &nbsp;&nbsp;5497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018 |
| Georg Fischer AG | &nbsp;&nbsp;2947 | &nbsp;&nbsp;&nbsp;&nbsp;231595 |
| Gurit Holding AG, Bearer Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3165 |
| Helvetia Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp;224361 |
| Hiag Immobilien Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp;33277 |
| Huber + Suhner AG | &nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp;88522 |
| Hypothekarbank Lenzburg AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;15255 |
| Implenia AG | &nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;38191 |
| Inficon Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;674 | &nbsp;&nbsp;&nbsp;&nbsp;79963 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Switzerland (continued)** |  |  |
| International Workplace Group PLC | 36159 | $&nbsp;&nbsp;&nbsp;&nbsp;109012 |
| Interroll Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;94019 |
| Intershop Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp;53234 |
| Investis Holding SA | &nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp;25936 |
| Jungfraubahn Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;213 | &nbsp;&nbsp;&nbsp;&nbsp;59085 |
| Kardex Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;232 | &nbsp;&nbsp;&nbsp;&nbsp;90650 |
| Komax Holding AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp;19991 |
| Kongsberg Automotive ASA (A) | 23611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3849 |
| Kudelski SA, Bearer Shares (A) | &nbsp;&nbsp;2497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4229 |
| Landis+Gyr Group AG (A) | &nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp;91347 |
| LEM Holding SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;15104 |
| Luzerner Kantonalbank AG | &nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp;73310 |
| Medacta Group SA (D) | &nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp;57015 |
| medmix AG (D) | &nbsp;&nbsp;&nbsp;&nbsp;877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9937 |
| Metall Zug AG, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;12268 |
| Mobilezone Holding AG | &nbsp;&nbsp;2336 | &nbsp;&nbsp;&nbsp;&nbsp;33075 |
| Mobimo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp;121321 |
| Naturenergie Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;979 | &nbsp;&nbsp;&nbsp;&nbsp;40885 |
| Novavest Real Estate AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;23108 |
| OC Oerlikon Corp. AG | &nbsp;&nbsp;8368 | &nbsp;&nbsp;&nbsp;&nbsp;28588 |
| Peach Property Group AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4120 |
| Phoenix Mecano AG | &nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;21208 |
| Plazza AG, Class A | &nbsp;&nbsp;&nbsp;&nbsp;68 | &nbsp;&nbsp;&nbsp;&nbsp;33811 |
| PSP Swiss Property AG | &nbsp;&nbsp;1955 | &nbsp;&nbsp;&nbsp;&nbsp;336360 |
| Rieter Holding AG (C) | &nbsp;&nbsp;4628 | &nbsp;&nbsp;&nbsp;&nbsp;38063 |
| Romande Energie Holding SA | &nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;44392 |
| Schweiter Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;21144 |
| SFS Group AG | &nbsp;&nbsp;&nbsp;&nbsp;738 | &nbsp;&nbsp;&nbsp;&nbsp;99655 |
| Siegfried Holding AG (A) | &nbsp;&nbsp;1743 | &nbsp;&nbsp;&nbsp;&nbsp;175102 |
| SIG Group AG (A) | &nbsp;&nbsp;7187 | &nbsp;&nbsp;&nbsp;&nbsp;74535 |
| SKAN Group AG | &nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;28760 |
| Softwareone Holding AG | &nbsp;&nbsp;2860 | &nbsp;&nbsp;&nbsp;&nbsp;29523 |
| Softwareone Holding AG (Oslo Stock Exchange) (A) | &nbsp;&nbsp;1633 | &nbsp;&nbsp;&nbsp;&nbsp;16733 |
| St. Galler Kantonalbank AG | &nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;67680 |
| Stadler Rail AG | &nbsp;&nbsp;1523 | &nbsp;&nbsp;&nbsp;&nbsp;37342 |
| Sulzer AG | &nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;129211 |
| Sunrise Communications AG, Class A | &nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp;10263 |
| Swiss Prime Site AG | &nbsp;&nbsp;3437 | &nbsp;&nbsp;&nbsp;&nbsp;481471 |
| Swissquote Group Holding SA | &nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;313021 |
| Tecan Group AG | &nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;&nbsp;&nbsp;17570 |
| Temenos AG | &nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;182581 |
| The Swatch Group AG | &nbsp;&nbsp;&nbsp;&nbsp;785 | &nbsp;&nbsp;&nbsp;&nbsp;30150 |
| The Swatch Group AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;36099 |
| TX Group AG | &nbsp;&nbsp;&nbsp;&nbsp;146 | &nbsp;&nbsp;&nbsp;&nbsp;36991 |
| u-blox Holding AG (A) | &nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp;39761 |
| Valiant Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;616 | &nbsp;&nbsp;&nbsp;&nbsp;99917 |
| VAT Group AG (D) | &nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp;45904 |
| Vaudoise Assurances Holding SA | &nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;14758 |
| Vetropack Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;822 | &nbsp;&nbsp;&nbsp;&nbsp;24448 |
| Vontobel Holding AG | &nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;89933 |
| VZ Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp;119139 |
| V-ZUG Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6652 |
| Walliser Kantonalbank | &nbsp;&nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp;32845 |
| Warteck Invest AG | &nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;24479 |
| Ypsomed Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;166 | &nbsp;&nbsp;&nbsp;&nbsp;65854 |
| Zehnder Group AG | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;21743 |
| Zug Estates Holding AG, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;42616 |
| Zuger Kantonalbank AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;98446 |
|  |  | 8336798 |
| **Taiwan - 0.0%** |  |  |
| FIT Hon Teng, Ltd. (A)(D) | 49000 | &nbsp;&nbsp;&nbsp;&nbsp;40160 |
| **United Arab Emirates - 0.0%** |  |  |
| Shelf Drilling, Ltd. (A)(D) | 10196 | &nbsp;&nbsp;&nbsp;&nbsp;18741 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United Kingdom - 10.5%** |  |  |
| 4imprint Group PLC | &nbsp;&nbsp;1359 | $&nbsp;&nbsp;&nbsp;59182 |
| A.G. Barr PLC | &nbsp;&nbsp;2692 | &nbsp;&nbsp;&nbsp;24238 |
| Aberdeen Group PLC | 43907 | 116877 |
| Accesso Technology Group PLC (A) | &nbsp;&nbsp;2349 | &nbsp;&nbsp;&nbsp;13337 |
| Advanced Medical Solutions Group PLC | &nbsp;&nbsp;6389 | &nbsp;&nbsp;&nbsp;19299 |
| AJ Bell PLC | 13681 | 100458 |
| Alfa Financial Software Holdings PLC (D) | &nbsp;&nbsp;4048 | &nbsp;&nbsp;&nbsp;12700 |
| Allfunds Group PLC | &nbsp;&nbsp;4365 | &nbsp;&nbsp;&nbsp;32581 |
| Anglo-Eastern Plantations PLC | &nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;22803 |
| AO World PLC (A) | 10559 | &nbsp;&nbsp;&nbsp;14767 |
| Ashmore Group PLC | 22693 | &nbsp;&nbsp;&nbsp;54503 |
| Ashtead Technology Holdings PLC | &nbsp;&nbsp;2347 | &nbsp;&nbsp;&nbsp;11026 |
| Aston Martin Lagonda Global Holdings PLC (A)(C)(D) | &nbsp;&nbsp;4390 | &nbsp;&nbsp;&nbsp;&nbsp;4885 |
| Auction Technology Group PLC (A) | &nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp;7397 |
| B&M European Value Retail SA | &nbsp;&nbsp;7989 | &nbsp;&nbsp;&nbsp;28183 |
| Babcock International Group PLC | 11175 | 201044 |
| Bakkavor Group PLC (D) | &nbsp;&nbsp;5579 | &nbsp;&nbsp;&nbsp;16008 |
| Balfour Beatty PLC | 19931 | 174037 |
| Barratt Redrow PLC | 10005 | &nbsp;&nbsp;&nbsp;52638 |
| Beazley PLC | &nbsp;&nbsp;1778 | &nbsp;&nbsp;&nbsp;21745 |
| Begbies Traynor Group PLC | &nbsp;&nbsp;1681 | &nbsp;&nbsp;&nbsp;&nbsp;2623 |
| Bellway PLC | &nbsp;&nbsp;5245 | 173761 |
| Bloomsbury Publishing PLC | &nbsp;&nbsp;4265 | &nbsp;&nbsp;&nbsp;27506 |
| Bodycote PLC | &nbsp;&nbsp;7984 | &nbsp;&nbsp;&nbsp;69222 |
| Boohoo Group PLC (A)(C) | &nbsp;&nbsp;3748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601 |
| BRAEMAR PLC | &nbsp;&nbsp;1328 | &nbsp;&nbsp;&nbsp;&nbsp;4299 |
| Breedon Group PLC | &nbsp;&nbsp;8626 | &nbsp;&nbsp;&nbsp;41768 |
| Bridgepoint Group PLC (D) | &nbsp;&nbsp;3493 | &nbsp;&nbsp;&nbsp;14408 |
| Brooks Macdonald Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;10420 |
| Burberry Group PLC (A) | 11554 | 182523 |
| Bytes Technology Group PLC | &nbsp;&nbsp;9584 | &nbsp;&nbsp;&nbsp;51343 |
| Capita PLC (A) | &nbsp;&nbsp;6128 | &nbsp;&nbsp;&nbsp;26752 |
| Capricorn Energy PLC (A) | &nbsp;&nbsp;5938 | &nbsp;&nbsp;&nbsp;16193 |
| Card Factory PLC | 14688 | &nbsp;&nbsp;&nbsp;20236 |
| Carillion PLC (A)(B) | 35521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Carr's Group PLC | &nbsp;&nbsp;2599 | &nbsp;&nbsp;&nbsp;&nbsp;4797 |
| Central Asia Metals PLC | &nbsp;&nbsp;8189 | &nbsp;&nbsp;&nbsp;16706 |
| Chemring Group PLC | 13921 | 110568 |
| Chesnara PLC | 11766 | &nbsp;&nbsp;&nbsp;43682 |
| City of London Investment Group PLC | &nbsp;&nbsp;2068 | &nbsp;&nbsp;&nbsp;10554 |
| Clarkson PLC | &nbsp;&nbsp;1348 | &nbsp;&nbsp;&nbsp;66719 |
| Close Brothers Group PLC (A) | &nbsp;&nbsp;7281 | &nbsp;&nbsp;&nbsp;48579 |
| CMC Markets PLC (D) | &nbsp;&nbsp;7009 | &nbsp;&nbsp;&nbsp;22625 |
| Coats Group PLC | 71598 | &nbsp;&nbsp;&nbsp;80320 |
| Cohort PLC | &nbsp;&nbsp;1758 | &nbsp;&nbsp;&nbsp;34118 |
| Computacenter PLC | &nbsp;&nbsp;2915 | 105606 |
| ConvaTec Group PLC (D) | &nbsp;&nbsp;6573 | &nbsp;&nbsp;&nbsp;20523 |
| Costain Group PLC | 16911 | &nbsp;&nbsp;&nbsp;30646 |
| Cranswick PLC | &nbsp;&nbsp;2228 | 150613 |
| Crest Nicholson Holdings PLC | 13693 | &nbsp;&nbsp;&nbsp;30044 |
| Croda International PLC | &nbsp;&nbsp;3061 | 111576 |
| Currys PLC | 46489 | &nbsp;&nbsp;&nbsp;87493 |
| CVS Group PLC | &nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;25566 |
| DFS Furniture PLC (A) | 12509 | &nbsp;&nbsp;&nbsp;25834 |
| Dialight PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336 |
| DiscoverIE Group PLC | &nbsp;&nbsp;4507 | &nbsp;&nbsp;&nbsp;35995 |
| Domino's Pizza Group PLC | 16081 | &nbsp;&nbsp;&nbsp;43068 |
| dotdigital Group PLC | 12814 | &nbsp;&nbsp;&nbsp;11561 |
| Dr. Martens PLC | 12054 | &nbsp;&nbsp;&nbsp;16089 |
| Drax Group PLC | 14589 | 137590 |
| Dunelm Group PLC | &nbsp;&nbsp;5320 | &nbsp;&nbsp;&nbsp;80550 |
| easyJet PLC | &nbsp;&nbsp;4377 | &nbsp;&nbsp;&nbsp;27367 |
| ECORA RESOURCES PLC | 12147 | &nbsp;&nbsp;&nbsp;13872 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United Kingdom (continued)** |  |  |
| EKF Diagnostics Holdings PLC (A) | &nbsp;&nbsp;&nbsp;8242 | $&nbsp;&nbsp;&nbsp;&nbsp;3324 |
| Elementis PLC | &nbsp;&nbsp;27226 | &nbsp;&nbsp;&nbsp;59613 |
| Endeavour Mining PLC | &nbsp;&nbsp;&nbsp;5315 | 223263 |
| Energean PLC | &nbsp;&nbsp;&nbsp;5147 | &nbsp;&nbsp;&nbsp;57515 |
| EnQuest PLC | 115537 | &nbsp;&nbsp;&nbsp;18226 |
| Entain PLC | &nbsp;&nbsp;&nbsp;1424 | &nbsp;&nbsp;&nbsp;16829 |
| Essentra PLC | &nbsp;&nbsp;14966 | &nbsp;&nbsp;&nbsp;21684 |
| FDM Group Holdings PLC | &nbsp;&nbsp;&nbsp;4489 | &nbsp;&nbsp;&nbsp;&nbsp;7921 |
| Firstgroup PLC | &nbsp;&nbsp;26489 | &nbsp;&nbsp;&nbsp;80450 |
| Foresight Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;2196 | &nbsp;&nbsp;&nbsp;14403 |
| Forterra PLC (D) | &nbsp;&nbsp;10957 | &nbsp;&nbsp;&nbsp;27631 |
| Foxtons Group PLC | &nbsp;&nbsp;23551 | &nbsp;&nbsp;&nbsp;17596 |
| Frasers Group PLC (A) | &nbsp;&nbsp;&nbsp;5880 | &nbsp;&nbsp;&nbsp;59074 |
| Frontier Developments PLC (A) | &nbsp;&nbsp;&nbsp;1107 | &nbsp;&nbsp;&nbsp;&nbsp;6841 |
| Fuller Smith & Turner PLC, Class A | &nbsp;&nbsp;&nbsp;1525 | &nbsp;&nbsp;&nbsp;11691 |
| Funding Circle Holdings PLC (A)(D) | &nbsp;&nbsp;&nbsp;3849 | &nbsp;&nbsp;&nbsp;&nbsp;6432 |
| Future PLC | &nbsp;&nbsp;&nbsp;3711 | &nbsp;&nbsp;&nbsp;32940 |
| Galliford Try Holdings PLC | &nbsp;&nbsp;&nbsp;5675 | &nbsp;&nbsp;&nbsp;40320 |
| Games Workshop Group PLC | &nbsp;&nbsp;&nbsp;1128 | 221073 |
| Gamma Communications PLC | &nbsp;&nbsp;&nbsp;3729 | &nbsp;&nbsp;&nbsp;50211 |
| GB Group PLC | &nbsp;&nbsp;&nbsp;7074 | &nbsp;&nbsp;&nbsp;21610 |
| Genel Energy PLC (A) | &nbsp;&nbsp;&nbsp;4784 | &nbsp;&nbsp;&nbsp;&nbsp;4709 |
| Genuit Group PLC | &nbsp;&nbsp;12035 | &nbsp;&nbsp;&nbsp;59659 |
| Gooch & Housego PLC | &nbsp;&nbsp;&nbsp;1681 | &nbsp;&nbsp;&nbsp;12911 |
| Grainger PLC | &nbsp;&nbsp;32286 | &nbsp;&nbsp;&nbsp;84498 |
| Greggs PLC | &nbsp;&nbsp;&nbsp;1563 | &nbsp;&nbsp;&nbsp;33829 |
| Gulf Keystone Petroleum, Ltd. | &nbsp;&nbsp;11237 | &nbsp;&nbsp;&nbsp;33969 |
| Halfords Group PLC | &nbsp;&nbsp;&nbsp;4413 | &nbsp;&nbsp;&nbsp;&nbsp;8502 |
| Harbour Energy PLC | &nbsp;&nbsp;16506 | &nbsp;&nbsp;&nbsp;46250 |
| Harworth Group PLC | &nbsp;&nbsp;&nbsp;6530 | &nbsp;&nbsp;&nbsp;14973 |
| Hays PLC | &nbsp;&nbsp;21782 | &nbsp;&nbsp;&nbsp;16489 |
| Headlam Group PLC (A) | &nbsp;&nbsp;&nbsp;6602 | &nbsp;&nbsp;&nbsp;&nbsp;4804 |
| Helios Towers PLC (A) | &nbsp;&nbsp;21114 | &nbsp;&nbsp;&nbsp;42405 |
| Henry Boot PLC (C) | &nbsp;&nbsp;&nbsp;5301 | &nbsp;&nbsp;&nbsp;15838 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;4522 | 103807 |
| Hill & Smith PLC | &nbsp;&nbsp;&nbsp;3753 | 103792 |
| Hilton Food Group PLC | &nbsp;&nbsp;&nbsp;3867 | &nbsp;&nbsp;&nbsp;34798 |
| Hollywood Bowl Group PLC | &nbsp;&nbsp;&nbsp;8153 | &nbsp;&nbsp;&nbsp;27739 |
| Howden Joinery Group PLC | &nbsp;&nbsp;12134 | 138047 |
| Hunting PLC | &nbsp;&nbsp;&nbsp;6301 | &nbsp;&nbsp;&nbsp;28762 |
| Ibstock PLC (D) | &nbsp;&nbsp;19043 | &nbsp;&nbsp;&nbsp;35704 |
| IDOX PLC | &nbsp;&nbsp;10437 | &nbsp;&nbsp;&nbsp;&nbsp;7834 |
| IG Group Holdings PLC | &nbsp;&nbsp;10589 | 153581 |
| IMI PLC | &nbsp;&nbsp;&nbsp;3522 | 108783 |
| Impax Asset Management Group PLC | &nbsp;&nbsp;&nbsp;4165 | &nbsp;&nbsp;&nbsp;10740 |
| Inchcape PLC | &nbsp;&nbsp;15353 | 143045 |
| IntegraFin Holdings PLC | &nbsp;&nbsp;&nbsp;9376 | &nbsp;&nbsp;&nbsp;43941 |
| International Personal Finance PLC | &nbsp;&nbsp;12526 | &nbsp;&nbsp;&nbsp;36310 |
| iomart Group PLC | &nbsp;&nbsp;&nbsp;2265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528 |
| IP Group PLC (A) | &nbsp;&nbsp;38897 | &nbsp;&nbsp;&nbsp;28049 |
| IQE PLC (A) | &nbsp;&nbsp;39142 | &nbsp;&nbsp;&nbsp;&nbsp;3961 |
| ITV PLC | 154019 | 166198 |
| J.D. Wetherspoon PLC | &nbsp;&nbsp;&nbsp;4402 | &nbsp;&nbsp;&nbsp;40548 |
| James Fisher & Sons PLC (A) | &nbsp;&nbsp;&nbsp;2814 | &nbsp;&nbsp;&nbsp;13599 |
| James Halstead PLC | &nbsp;&nbsp;11052 | &nbsp;&nbsp;&nbsp;22332 |
| JD Sports Fashion PLC | &nbsp;&nbsp;51224 | &nbsp;&nbsp;&nbsp;65943 |
| JET2 PLC | &nbsp;&nbsp;&nbsp;6865 | 131049 |
| John Wood Group PLC (A)(B) | &nbsp;&nbsp;26919 | &nbsp;&nbsp;&nbsp;&nbsp;5662 |
| Johnson Matthey PLC | &nbsp;&nbsp;&nbsp;6489 | 175805 |
| Johnson Service Group PLC | &nbsp;&nbsp;19438 | &nbsp;&nbsp;&nbsp;39329 |
| Jupiter Fund Management PLC | &nbsp;&nbsp;22824 | &nbsp;&nbsp;&nbsp;44258 |
| Just Group PLC | &nbsp;&nbsp;47041 | 134188 |
| Kainos Group PLC | &nbsp;&nbsp;&nbsp;4099 | &nbsp;&nbsp;&nbsp;52066 |
| Keller Group PLC | &nbsp;&nbsp;&nbsp;2943 | &nbsp;&nbsp;&nbsp;59889 |
| Kier Group PLC | &nbsp;&nbsp;22531 | &nbsp;&nbsp;&nbsp;66922 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United Kingdom (continued)** |  |  |
| Kingfisher PLC | 23625 | $&nbsp;&nbsp;&nbsp;98416 |
| Kitwave Group PLC | &nbsp;&nbsp;3226 | &nbsp;&nbsp;&nbsp;&nbsp;9994 |
| Knights Group Holdings PLC | &nbsp;&nbsp;2269 | &nbsp;&nbsp;&nbsp;&nbsp;5952 |
| Lancashire Holdings, Ltd. | &nbsp;&nbsp;8617 | &nbsp;&nbsp;&nbsp;78327 |
| Lion Finance Group PLC | &nbsp;&nbsp;1249 | 128812 |
| LSL Property Services PLC | &nbsp;&nbsp;2514 | &nbsp;&nbsp;&nbsp;&nbsp;8935 |
| Luceco PLC (D) | &nbsp;&nbsp;1922 | &nbsp;&nbsp;&nbsp;&nbsp;3301 |
| M&C Saatchi PLC | &nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497 |
| M&G PLC | 12149 | &nbsp;&nbsp;&nbsp;41432 |
| Macfarlane Group PLC | &nbsp;&nbsp;6288 | &nbsp;&nbsp;&nbsp;&nbsp;7781 |
| Man Group PLC | 52083 | 125127 |
| Marshalls PLC | &nbsp;&nbsp;3831 | &nbsp;&nbsp;&nbsp;&nbsp;9321 |
| Marston's PLC (A) | 37566 | &nbsp;&nbsp;&nbsp;19873 |
| McBride PLC (A) | 14770 | &nbsp;&nbsp;&nbsp;24747 |
| ME Group International PLC | 11444 | &nbsp;&nbsp;&nbsp;28628 |
| Mears Group PLC | &nbsp;&nbsp;4066 | &nbsp;&nbsp;&nbsp;17539 |
| Metro Bank Holdings PLC (A) | &nbsp;&nbsp;9741 | &nbsp;&nbsp;&nbsp;15873 |
| Midwich Group PLC | &nbsp;&nbsp;1327 | &nbsp;&nbsp;&nbsp;&nbsp;3267 |
| Mitchells & Butlers PLC (A) | 13654 | &nbsp;&nbsp;&nbsp;45421 |
| Mitie Group PLC | 58272 | 109455 |
| MJ Gleeson PLC | &nbsp;&nbsp;2770 | &nbsp;&nbsp;&nbsp;14291 |
| Mobico Group PLC (A) | 21097 | &nbsp;&nbsp;&nbsp;&nbsp;8159 |
| Mondi PLC | &nbsp;&nbsp;1289 | &nbsp;&nbsp;&nbsp;17830 |
| MONY Group PLC | 22189 | &nbsp;&nbsp;&nbsp;59329 |
| Moonpig Group PLC | 11812 | &nbsp;&nbsp;&nbsp;36097 |
| Morgan Advanced Materials PLC | &nbsp;&nbsp;8676 | &nbsp;&nbsp;&nbsp;25686 |
| Morgan Sindall Group PLC | &nbsp;&nbsp;1818 | 108912 |
| Mortgage Advice Bureau Holdings, Ltd. | &nbsp;&nbsp;1276 | &nbsp;&nbsp;&nbsp;12333 |
| MP Evans Group PLC | &nbsp;&nbsp;1384 | &nbsp;&nbsp;&nbsp;25252 |
| NCC Group PLC | 17294 | &nbsp;&nbsp;&nbsp;34356 |
| Next 15 Group PLC | &nbsp;&nbsp;3756 | &nbsp;&nbsp;&nbsp;16583 |
| Ninety One PLC | 15140 | &nbsp;&nbsp;&nbsp;41406 |
| Norcros PLC | &nbsp;&nbsp;6666 | &nbsp;&nbsp;&nbsp;23725 |
| Ocado Group PLC (A) | 15572 | &nbsp;&nbsp;&nbsp;47306 |
| Odfjell Technology, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;828 | &nbsp;&nbsp;&nbsp;&nbsp;5038 |
| On the Beach Group PLC (D) | &nbsp;&nbsp;5451 | &nbsp;&nbsp;&nbsp;16285 |
| OSB Group PLC | 15883 | 121477 |
| Oxford Instruments PLC | &nbsp;&nbsp;1216 | &nbsp;&nbsp;&nbsp;30345 |
| Pagegroup PLC | &nbsp;&nbsp;8870 | &nbsp;&nbsp;&nbsp;27297 |
| Paragon Banking Group PLC | &nbsp;&nbsp;8507 | &nbsp;&nbsp;&nbsp;99489 |
| PayPoint PLC | &nbsp;&nbsp;2907 | &nbsp;&nbsp;&nbsp;29476 |
| Pennon Group PLC | 19735 | 124494 |
| Persimmon PLC | &nbsp;&nbsp;8864 | 138478 |
| Pets at Home Group PLC | 16087 | &nbsp;&nbsp;&nbsp;44420 |
| Pharos Energy PLC | 16636 | &nbsp;&nbsp;&nbsp;&nbsp;4719 |
| Phoenix Spree Deutschland, Ltd. (A) | &nbsp;&nbsp;5484 | &nbsp;&nbsp;&nbsp;12112 |
| Pinewood Technologies Group PLC (A) | &nbsp;&nbsp;5133 | &nbsp;&nbsp;&nbsp;28721 |
| Polar Capital Holdings PLC | &nbsp;&nbsp;3830 | &nbsp;&nbsp;&nbsp;24807 |
| Porvair PLC | &nbsp;&nbsp;1199 | &nbsp;&nbsp;&nbsp;12032 |
| Premier Foods PLC | 23840 | &nbsp;&nbsp;&nbsp;61483 |
| PZ Cussons PLC | 13141 | &nbsp;&nbsp;&nbsp;14347 |
| QinetiQ Group PLC | 20327 | 151076 |
| Quilter PLC (D) | 63959 | 143153 |
| Rank Group PLC | &nbsp;&nbsp;7303 | &nbsp;&nbsp;&nbsp;13643 |
| Rathbones Group PLC | &nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;56264 |
| Reach PLC | 10533 | &nbsp;&nbsp;&nbsp;&nbsp;9448 |
| Renew Holdings PLC | &nbsp;&nbsp;3437 | &nbsp;&nbsp;&nbsp;37515 |
| Ricardo PLC | &nbsp;&nbsp;2982 | &nbsp;&nbsp;&nbsp;17253 |
| Rightmove PLC | 13258 | 126612 |
| Robert Walters PLC | &nbsp;&nbsp;4693 | &nbsp;&nbsp;&nbsp;&nbsp;8035 |
| Rotork PLC | 35693 | 163183 |
| RS GROUP PLC | 14553 | 111554 |
| RWS Holdings PLC | &nbsp;&nbsp;1824 | &nbsp;&nbsp;&nbsp;&nbsp;2269 |
| S&U PLC | &nbsp;&nbsp;&nbsp;&nbsp;513 | &nbsp;&nbsp;&nbsp;12009 |
| Sabre Insurance Group PLC (D) | 10582 | &nbsp;&nbsp;&nbsp;20723 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United Kingdom (continued)** |  |  |
| Saga PLC (A) | &nbsp;&nbsp;4637 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17083 |
| Savannah Energy PLC (A)(B) | 53744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5204 |
| Savills PLC | &nbsp;&nbsp;5951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76518 |
| Schroders PLC | &nbsp;&nbsp;2839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14407 |
| Senior PLC | 17000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45484 |
| Serco Group PLC | 46758 | &nbsp;&nbsp;&nbsp;&nbsp;148968 |
| Serica Energy PLC | 10784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28746 |
| Severfield PLC | 11941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4818 |
| SIG PLC (A) | 64105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8200 |
| SigmaRoc PLC (A) | 18853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30667 |
| Softcat PLC | &nbsp;&nbsp;5154 | &nbsp;&nbsp;&nbsp;&nbsp;109635 |
| Spectris PLC | &nbsp;&nbsp;2259 | &nbsp;&nbsp;&nbsp;&nbsp;124908 |
| Speedy Hire PLC | 24369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7875 |
| Spirax Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46502 |
| Spire Healthcare Group PLC (D) | 13646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45930 |
| Spirent Communications PLC | 25617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68556 |
| SSP Group PLC | 32793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75816 |
| SThree PLC | &nbsp;&nbsp;6106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13377 |
| STV Group PLC | &nbsp;&nbsp;2712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4124 |
| Synthomer PLC (A) | &nbsp;&nbsp;6230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6492 |
| Tate & Lyle PLC | 16269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98435 |
| Tatton Asset Management PLC | &nbsp;&nbsp;1955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18288 |
| Taylor Wimpey PLC | 75745 | &nbsp;&nbsp;&nbsp;&nbsp;105227 |
| Team Internet Group PLC (A) | 10289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8591 |
| Telecom Plus PLC | &nbsp;&nbsp;2698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68208 |
| The Berkeley Group Holdings PLC | &nbsp;&nbsp;1908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98615 |
| The Gym Group PLC (A)(D) | &nbsp;&nbsp;5959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11846 |
| THG PLC (A)(C) | 26758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13553 |
| Topps Tiles PLC | 15591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7359 |
| TORM PLC, Class A | &nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39217 |
| TP ICAP Group PLC | 34104 | &nbsp;&nbsp;&nbsp;&nbsp;126711 |
| Trainline PLC (A)(D) | &nbsp;&nbsp;8324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31149 |
| Travis Perkins PLC | &nbsp;&nbsp;9597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78982 |
| Trifast PLC | &nbsp;&nbsp;7237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7418 |
| Tullow Oil PLC (A)(C) | 46125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6487 |
| Vanquis Banking Group PLC (A) | 13396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22180 |
| Vertu Motors PLC | 13548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11023 |
| Vesuvius PLC | &nbsp;&nbsp;9782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49319 |
| Victrex PLC | &nbsp;&nbsp;3473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33700 |
| Videndum PLC (A) | &nbsp;&nbsp;3978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2505 |
| Vistry Group PLC (A) | &nbsp;&nbsp;6637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57941 |
| Volex PLC | &nbsp;&nbsp;6267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30701 |
| Volution Group PLC | &nbsp;&nbsp;8031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68411 |
| Vp PLC | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5097 |
| Watches of Switzerland Group PLC (A)(D) | 10654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52708 |
| Watkin Jones PLC (A) | 10502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4834 |
| WH Smith PLC | &nbsp;&nbsp;5221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47623 |
| Whitbread PLC | &nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87206 |
| Wickes Group PLC | 13094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39499 |
| Wilmington PLC | &nbsp;&nbsp;8076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35372 |
| Xaar PLC (A) | &nbsp;&nbsp;5629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8882 |
| XPS Pensions Group PLC | &nbsp;&nbsp;6949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31737 |
| Young & Co's Brewery PLC | &nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14193 |
| Young & Co's Brewery PLC, Class A | &nbsp;&nbsp;1224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13166 |
| Zigup PLC | &nbsp;&nbsp;8827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38764 |
| Zotefoams PLC | &nbsp;&nbsp;1549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8523 |
|  |  | 11615552 |
| **United States - 0.7%** |  |  |
| Aura Minerals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30455 |
| Brookfield Infrastructure Corp., Class A | &nbsp;&nbsp;1488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61115 |
| Burford Capital, Ltd. | &nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98529 |
| Diversified Energy Company PLC | &nbsp;&nbsp;1929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27035 |
| Energy Fuels, Inc. (A)(C) | &nbsp;&nbsp;3431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52666 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **United States (continued)** |  |  |
| Energy Fuels, Inc. (Toronto Stock Exchange) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;730 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11209 |
| Frontage Holdings Corp. (A)(D) | &nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2254 |
| PureTech Health PLC (A) | &nbsp;&nbsp;&nbsp;8318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14925 |
| Reliance Worldwide Corp., Ltd. | &nbsp;&nbsp;33532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90659 |
| Samsonite Group SA (D) | &nbsp;&nbsp;41100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88084 |
| SSR Mining, Inc. (A) | &nbsp;&nbsp;&nbsp;8907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217475 |
| SunOpta, Inc. (A) | &nbsp;&nbsp;&nbsp;4818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28233 |
| Viemed Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17654 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740293 |
| TOTAL COMMON STOCKS (Cost $98,990,310) | TOTAL COMMON STOCKS (Cost $98,990,310) | $108052067 |
| **PREFERRED SECURITIES - 0.3%** | **PREFERRED SECURITIES - 0.3%** |  |
| **Germany - 0.3%** |  |  |
| Draegerwerk AG & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42054 |
| Einhell Germany AG | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21023 |
| FUCHS SE | &nbsp;&nbsp;&nbsp;2954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132451 |
| Jungheinrich AG | &nbsp;&nbsp;&nbsp;2336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81464 |
| Sixt SE | &nbsp;&nbsp;&nbsp;&nbsp;838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56678 |
| STO SE & Company KGaA | &nbsp;&nbsp;&nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23039 |
| Villeroy & Boch AG | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11792 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368501 |
| TOTAL PREFERRED SECURITIES (Cost $312,065) | TOTAL PREFERRED SECURITIES (Cost $312,065) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368501 |
| **WARRANTS - 0.0%** |  |  |
| Webuild SpA (Expiration Date: 8-2-30) (A)(E) | &nbsp;&nbsp;&nbsp;1316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 |
| TOTAL WARRANTS (Cost $0) | TOTAL WARRANTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 |
| **RIGHTS - 0.0%** |  |  |
| Amplitude Energy, Ltd. (Expiration Date: 10-9-25; Strike Price: AUD 0.24) (A) | &nbsp;&nbsp;24917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Intercell AG (A)(B)(E) | &nbsp;&nbsp;&nbsp;3233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| TOTAL RIGHTS (Cost $0) | TOTAL RIGHTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| **SHORT-TERM INVESTMENTS - 1.9%** | **SHORT-TERM INVESTMENTS - 1.9%** |  |
| **Short-term funds - 1.9%** |  |  |
| John Hancock Collateral Trust, 4.0668% (F)(G) | 211414 | &nbsp;&nbsp;&nbsp;&nbsp;2114859 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $2,114,865) | TOTAL SHORT-TERM INVESTMENTS (Cost $2,114,865) | $&nbsp;&nbsp;&nbsp;&nbsp;2114859 |
| **Total Investments (International Small Company Trust)<br> (Cost $101,417,240) - 100.3%** | **Total Investments (International Small Company Trust)<br> (Cost $101,417,240) - 100.3%** | $**110536397** |
| **Other assets and liabilities, net - (0.3%)** | **Other assets and liabilities, net - (0.3%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(339845)** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**110196552** |

---

---

| | |
|:---|:---|
| <u>Currency Abbreviations</u> | <u>Currency Abbreviations</u> |
| AUD | Australian Dollar |
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| NYRS | New York Registry Shares |
| (A) | Non-income producing security. |
| (B) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $1,995,942. |
| (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) | Strike price and/or expiration date not available. |
| (F) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### International Small Company Trust (continued)<br>

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Mini MSCI EAFE Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$837402 | &nbsp;&nbsp;&nbsp;&nbsp;$835620 | &nbsp;&nbsp;&nbsp;&nbsp;$(1782) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(1782)** |

---

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

#### Investment Quality Bond Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 66.5%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 66.5%** |  |
| **U.S. Government – 35.4%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;1.250%, 05/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4170000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2045418 |
| &nbsp;&nbsp;&nbsp;1.875%, 11/15/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2766288 |
| &nbsp;&nbsp;&nbsp;2.250%, 08/15/2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3165805 |
| &nbsp;&nbsp;&nbsp;2.500%, 02/15/2045 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1619000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159672 |
| &nbsp;&nbsp;&nbsp;3.000%, 11/15/2045 to 08/15/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9172000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6948354 |
| &nbsp;&nbsp;&nbsp;3.125%, 05/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2471355 |
| &nbsp;&nbsp;&nbsp;3.625%, 05/15/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296722 |
| &nbsp;&nbsp;&nbsp;3.750%, 11/15/2043 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2253000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1994873 |
| &nbsp;&nbsp;&nbsp;4.250%, 08/15/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2256000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2082570 |
| &nbsp;&nbsp;&nbsp;4.375%, 11/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160494 |
| &nbsp;&nbsp;&nbsp;4.750%, 08/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401375 |
| &nbsp;&nbsp;&nbsp;4.875%, 08/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945668 |
| U.S. Treasury Inflation<br> Protected Securities |  |  |
| &nbsp;&nbsp;&nbsp;0.250%, 02/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1388399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820436 |
| &nbsp;&nbsp;&nbsp;0.625%, 02/15/2043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74644 |
| &nbsp;&nbsp;&nbsp;0.750%, 02/15/2042 to 02/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3662525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2833257 |
| &nbsp;&nbsp;&nbsp;1.000%, 02/15/2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309910 |
| &nbsp;&nbsp;&nbsp;1.375%, 02/15/2044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1344469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149034 |
| &nbsp;&nbsp;&nbsp;1.750%, 01/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2642963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2655269 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;1.250%, 06/30/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8984411 |
| &nbsp;&nbsp;&nbsp;1.625%, 05/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4282967 |
| &nbsp;&nbsp;&nbsp;1.875%, 02/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2759153 |
| &nbsp;&nbsp;&nbsp;2.750%, 08/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2737815 |
| &nbsp;&nbsp;&nbsp;3.375%, 05/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984561 |
| &nbsp;&nbsp;&nbsp;3.875%, 08/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1805000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790052 |
| &nbsp;&nbsp;&nbsp;4.000%, 12/15/2027 to 02/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4839034 |
| &nbsp;&nbsp;&nbsp;4.125%, 11/30/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1856020 |
| &nbsp;&nbsp;&nbsp;4.250%, 11/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7053741 |
| &nbsp;&nbsp;&nbsp;4.375%, 05/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240644 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/15/2027 to 11/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3096000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3189063 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74998605 |
| **U.S. Government Agency – 31.1%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 03/01/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1992946 |
| &nbsp;&nbsp;&nbsp;2.500%, 01/01/2052 to 05/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3604160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3050036 |
| &nbsp;&nbsp;&nbsp;3.000%, 12/01/2046 to 04/01/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185469 |
| &nbsp;&nbsp;&nbsp;3.500%, 03/01/2048 to 06/01/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508523 |
| &nbsp;&nbsp;&nbsp;5.000%, 12/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51106 |
| &nbsp;&nbsp;&nbsp;5.500%, 05/01/2054 to 07/01/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1737457 |
| &nbsp;&nbsp;&nbsp;6.500%, 04/01/2029 to 08/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3589 |
| &nbsp;&nbsp;&nbsp;7.500%, 05/01/2027 to 05/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 04/01/2051 to 05/01/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7382926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6003315 |
| &nbsp;&nbsp;&nbsp;2.500%, TBA (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2611508 |
| &nbsp;&nbsp;&nbsp;2.500%, 07/01/2030 to 04/01/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914072 |
| &nbsp;&nbsp;&nbsp;3.000%, TBA (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1229648 |
| &nbsp;&nbsp;&nbsp;3.500%, 08/01/2043 to 05/01/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2433931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2273753 |

---

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) | $&nbsp;&nbsp;1500000 | $&nbsp;&nbsp;&nbsp;&nbsp;1454883 |
| &nbsp;&nbsp;&nbsp;5.000%, 10/01/2054 | &nbsp;&nbsp;2464979 | &nbsp;&nbsp;&nbsp;&nbsp;2445368 |
| &nbsp;&nbsp;&nbsp;5.500%, TBA (B) | 15640000 | &nbsp;&nbsp;&nbsp;15766684 |
| &nbsp;&nbsp;&nbsp;5.500%, 11/01/2053 | &nbsp;&nbsp;1717361 | &nbsp;&nbsp;&nbsp;&nbsp;1735545 |
| &nbsp;&nbsp;&nbsp;6.000%, TBA (B) | &nbsp;&nbsp;5025000 | &nbsp;&nbsp;&nbsp;&nbsp;5132469 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 12/20/2050 | &nbsp;&nbsp;2225292 | &nbsp;&nbsp;&nbsp;&nbsp;1841692 |
| &nbsp;&nbsp;&nbsp;3.000%, TBA (B) | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;2500913 |
| &nbsp;&nbsp;&nbsp;3.000%, 04/20/2051 to 05/20/2051 | &nbsp;&nbsp;1782235 | &nbsp;&nbsp;&nbsp;&nbsp;1593633 |
| &nbsp;&nbsp;&nbsp;3.500%, TBA (B) | &nbsp;&nbsp;4200000 | &nbsp;&nbsp;&nbsp;&nbsp;3830471 |
| &nbsp;&nbsp;&nbsp;4.000%, TBA (B) | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;&nbsp;&nbsp;2444800 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/15/2040 to 02/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;14049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13644 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/20/2052 to 09/20/2052 | &nbsp;&nbsp;3879802 | &nbsp;&nbsp;&nbsp;&nbsp;3790044 |
| &nbsp;&nbsp;&nbsp;5.000%, TBA (B) | &nbsp;&nbsp;2900000 | &nbsp;&nbsp;&nbsp;&nbsp;2884602 |
| &nbsp;&nbsp;&nbsp;6.000%, 08/15/2032 to 04/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;18209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18829 |
| &nbsp;&nbsp;&nbsp;6.500%, 06/15/2028 to 02/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5676 |
| &nbsp;&nbsp;&nbsp;7.000%, 11/15/2031 to 11/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;23260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23726 |
|  |  | &nbsp;&nbsp;&nbsp;66044668 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $151,955,229) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $151,955,229) | $141043273 |
| **FOREIGN GOVERNMENT OBLIGATIONS – 2.3%** | **FOREIGN GOVERNMENT OBLIGATIONS – 2.3%** |  |
| **Bermuda – 0.1%** |  |  |
| Government of Bermuda<br> 2.375%, 08/20/2030 (C) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182200 |
| **Bulgaria – 0.1%** |  |  |
| Republic of Bulgaria |  |  |
| &nbsp;&nbsp;&nbsp;1.375%, 09/23/2050 | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70311 |
| &nbsp;&nbsp;&nbsp;4.875%, 05/13/2036 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193888 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264199 |
| **Chile – 0.1%** |  |  |
| Republic of Chile<br> 1.250%, 01/22/2051 | &nbsp;&nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106015 |
| **Hungary – 0.1%** |  |  |
| Republic of Hungary<br> 1.625%, 04/28/2032 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207715 |
| **Indonesia – 0.2%** |  |  |
| Republic of Indonesia<br> 1.100%, 03/12/2033 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370596 |
| **Israel – 0.2%** |  |  |
| State of Israel<br> 5.375%, 02/19/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412588 |
| **Ivory Coast – 0.1%** |  |  |
| Republic of Ivory Coast<br> 4.875%, 01/30/2032 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251597 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Mexico – 0.7%** |  |  |  |
| Government of Mexico |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 03/22/2033 | $| 405000 | $&nbsp;&nbsp;&nbsp;&nbsp;403785 |
| &nbsp;&nbsp;&nbsp;6.625%, 01/29/2038 |  | 615000 | &nbsp;&nbsp;&nbsp;&nbsp;646371 |
| &nbsp;&nbsp;&nbsp;6.875%, 05/13/2037 |  | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;215700 |
| &nbsp;&nbsp;&nbsp;7.375%, 05/13/2055 |  | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;235965 |
|  |  |  | 1501821 |
| **North Macedonia – 0.1%** |  |  |  |
| Republic of North Macedonia<br> 3.675%, 06/03/2026 (C) | EUR | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;311187 |
| **Peru – 0.1%** |  |  |  |
| Republic of Peru<br> 5.875%, 08/08/2054 | $| 110000 | &nbsp;&nbsp;&nbsp;&nbsp;110330 |
| **Philippines – 0.1%** |  |  |  |
| Republic of the Philippines<br> 1.750%, 04/28/2041 | EUR | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;171794 |
| **Romania – 0.4%** |  |  |  |
| Republic of Romania |  |  |  |
| &nbsp;&nbsp;&nbsp;2.625%, 12/02/2040 (C) |  | 335000 | &nbsp;&nbsp;&nbsp;&nbsp;251291 |
| &nbsp;&nbsp;&nbsp;2.750%, 04/14/2041 |  | 605000 | &nbsp;&nbsp;&nbsp;&nbsp;457274 |
| &nbsp;&nbsp;&nbsp;5.750%, 03/24/2035 (C) | $| 186000 | &nbsp;&nbsp;&nbsp;&nbsp;179104 |
| &nbsp;&nbsp;&nbsp;7.500%, 02/10/2037 (C) |  | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;53662 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;941331 |
| TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $5,062,361) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $5,062,361) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $5,062,361) | $4831373 |
| **CORPORATE BONDS – 26.1%** | **CORPORATE BONDS – 26.1%** | **CORPORATE BONDS – 26.1%** |  |
| **Communication services – 2.0%** |  |  |  |
| Alphabet, Inc.<br> 5.300%, 05/15/2065 |  | 375000 | &nbsp;&nbsp;&nbsp;&nbsp;373137 |
| Charter Communications Operating LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 02/01/2032 |  | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;17112 |
| &nbsp;&nbsp;&nbsp;2.800%, 04/01/2031 |  | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;148872 |
| &nbsp;&nbsp;&nbsp;3.700%, 04/01/2051 |  | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;29687 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/30/2029 |  | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;55720 |
| &nbsp;&nbsp;&nbsp;5.250%, 04/01/2053 |  | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;83560 |
| &nbsp;&nbsp;&nbsp;5.850%, 12/01/2035 |  | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;90860 |
| &nbsp;&nbsp;&nbsp;6.384%, 10/23/2035 |  | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;225240 |
| Comcast Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;2.887%, 11/01/2051 |  | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;61597 |
| &nbsp;&nbsp;&nbsp;3.750%, 04/01/2040 |  | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;155568 |
| Cox Communications, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;2.600%, 06/15/2031 (C) |  | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;84661 |
| &nbsp;&nbsp;&nbsp;5.450%, 09/01/2034 (C) |  | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;49819 |
| &nbsp;&nbsp;&nbsp;5.950%, 09/01/2054 (C) |  | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;116156 |
| Lamar Media Corp.<br> 3.625%, 01/15/2031 |  | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;209347 |
| Meta Platforms, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 08/15/2054 |  | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;88918 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/15/2064 |  | 195000 | &nbsp;&nbsp;&nbsp;&nbsp;193567 |
| NTT Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;4.876%, 07/16/2030 (C) |  | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;203214 |
| &nbsp;&nbsp;&nbsp;5.171%, 07/16/2032 (C) |  | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;614501 |
| Paramount Global |  |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 04/01/2044 |  | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;94502 |
| &nbsp;&nbsp;&nbsp;5.850%, 09/01/2043 |  | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;18267 |
| Time Warner Cable LLC<br> 4.500%, 09/15/2042 |  | 315000 | &nbsp;&nbsp;&nbsp;&nbsp;253095 |
| T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;2.550%, 02/15/2031 |  | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;127207 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/15/2031 |  | 230000 | &nbsp;&nbsp;&nbsp;&nbsp;218784 |
| &nbsp;&nbsp;&nbsp;4.700%, 01/15/2035 |  | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;24553 |
| &nbsp;&nbsp;&nbsp;5.050%, 07/15/2033 |  | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;35751 |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2032 |  | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;56604 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2034 |  | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;58279 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| WMG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2031 (C)(D) | $&nbsp;&nbsp;75000 | $&nbsp;&nbsp;&nbsp;&nbsp;69461 |
| &nbsp;&nbsp;&nbsp;3.750%, 12/01/2029 (C) | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;81068 |
| &nbsp;&nbsp;&nbsp;3.875%, 07/15/2030 (C) | 450000 | &nbsp;&nbsp;&nbsp;&nbsp;426759 |
|  |  | 4265866 |
| **Consumer discretionary – 1.0%** |  |  |
| AutoZone, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 08/01/2032 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20168 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/01/2033 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;25038 |
| &nbsp;&nbsp;&nbsp;5.400%, 07/15/2034 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;25928 |
| &nbsp;&nbsp;&nbsp;6.550%, 11/01/2033 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;33490 |
| Ford Motor Company<br> 3.250%, 02/12/2032 | 375000 | &nbsp;&nbsp;&nbsp;&nbsp;328115 |
| Gildan Activewear, Inc.<br> 5.400%, 10/07/2035 (C) | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;130018 |
| Howard University |  |  |
| &nbsp;&nbsp;&nbsp;2.701%, 10/01/2029 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;92587 |
| &nbsp;&nbsp;&nbsp;2.801%, 10/01/2030 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;90992 |
| &nbsp;&nbsp;&nbsp;3.476%, 10/01/2041 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;90998 |
| Las Vegas Sands Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 06/15/2028 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;92012 |
| &nbsp;&nbsp;&nbsp;6.000%, 06/14/2030 | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;145788 |
| Service Corp. International |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 08/15/2030 | 240000 | &nbsp;&nbsp;&nbsp;&nbsp;222376 |
| &nbsp;&nbsp;&nbsp;5.125%, 06/01/2029 (D) | 202000 | &nbsp;&nbsp;&nbsp;&nbsp;201986 |
| Tapestry, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.100%, 03/11/2030 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;66479 |
| &nbsp;&nbsp;&nbsp;5.500%, 03/11/2035 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;56182 |
| Taylor Morrison Communities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 08/01/2030 (C) | 167000 | &nbsp;&nbsp;&nbsp;&nbsp;166466 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2028 (C) | 269000 | &nbsp;&nbsp;&nbsp;&nbsp;272753 |
|  |  | 2061376 |
| **Consumer staples – 1.8%** |  |  |
| Bacardi, Ltd.<br> 5.400%, 06/15/2033 (C) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;101027 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 08/15/2035 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;135070 |
| &nbsp;&nbsp;&nbsp;5.834%, 02/20/2031 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;74036 |
| Constellation Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.150%, 08/01/2029 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;86553 |
| &nbsp;&nbsp;&nbsp;4.800%, 05/01/2030 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;81135 |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 01/15/2036 (C) | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;194030 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;62660 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/20/2035 (C) | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;57778 |
| &nbsp;&nbsp;&nbsp;6.375%, 04/15/2066 (C) | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;292991 |
| &nbsp;&nbsp;&nbsp;6.750%, 03/15/2034 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;132660 |
| &nbsp;&nbsp;&nbsp;7.250%, 11/15/2053 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;63069 |
| Keurig Dr. Pepper, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 03/15/2031 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;26453 |
| &nbsp;&nbsp;&nbsp;4.500%, 04/15/2052 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;125217 |
| &nbsp;&nbsp;&nbsp;5.150%, 05/15/2035 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;84191 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/15/2031 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;51105 |
| Kraft Heinz Foods Company<br> 5.200%, 03/15/2032 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;138331 |
| Mars, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.600%, 03/01/2028 (C) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20245 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2032 (C) | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;434804 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/01/2035 (C) | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;163542 |
| &nbsp;&nbsp;&nbsp;5.650%, 05/01/2045 (C) | 385000 | &nbsp;&nbsp;&nbsp;&nbsp;390554 |
| &nbsp;&nbsp;&nbsp;5.800%, 05/01/2065 (C) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;61180 |
| Philip Morris International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 11/01/2027 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;80592 |
| &nbsp;&nbsp;&nbsp;4.750%, 11/01/2031 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;127143 |
| &nbsp;&nbsp;&nbsp;5.125%, 02/15/2030 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;217021 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer staples (continued)** |  |  |
| Philip Morris<br> International, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 02/13/2031 | $115000 | $&nbsp;&nbsp;&nbsp;&nbsp;119013 |
| &nbsp;&nbsp;&nbsp;5.375%, 02/15/2033 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;88767 |
| &nbsp;&nbsp;&nbsp;5.625%, 11/17/2029 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;15783 |
| &nbsp;&nbsp;&nbsp;5.625%, 09/07/2033 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;42423 |
| Pilgrim's Pride Corp.<br> 4.250%, 04/15/2031 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;106320 |
| Sysco Corp.<br> 5.100%, 09/23/2030 | 235000 | &nbsp;&nbsp;&nbsp;&nbsp;242285 |
|  |  | 3815978 |
| **Energy – 3.2%** |  |  |
| Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;5.800%, 10/01/2054 (C) | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;278133 |
| &nbsp;&nbsp;&nbsp;6.000%, 06/13/2033 (C) | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;157393 |
| APA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.100%, 02/15/2035 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;102200 |
| &nbsp;&nbsp;&nbsp;6.750%, 02/15/2055 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;156247 |
| Cheniere Energy Partners LP<br> 5.550%, 10/30/2035 (C) | 205000 | &nbsp;&nbsp;&nbsp;&nbsp;209431 |
| Columbia Pipelines Holding<br> Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.097%, 10/01/2031 (C) | &nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;41633 |
| &nbsp;&nbsp;&nbsp;5.681%, 01/15/2034 (C) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;77264 |
| Columbia Pipelines Operating Company LLC<br> 6.036%, 11/15/2033 (C) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;42681 |
| ConocoPhillips Company |  |  |
| &nbsp;&nbsp;&nbsp;3.800%, 03/15/2052 | 117000 | &nbsp;&nbsp;&nbsp;&nbsp;87908 |
| &nbsp;&nbsp;&nbsp;4.025%, 03/15/2062 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;26128 |
| &nbsp;&nbsp;&nbsp;5.300%, 05/15/2053 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;28598 |
| &nbsp;&nbsp;&nbsp;5.550%, 03/15/2054 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9850 |
| &nbsp;&nbsp;&nbsp;5.650%, 01/15/2065 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;88281 |
| &nbsp;&nbsp;&nbsp;5.700%, 09/15/2063 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;118984 |
| Coterra Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 02/15/2035 | 112000 | &nbsp;&nbsp;&nbsp;&nbsp;112894 |
| &nbsp;&nbsp;&nbsp;5.600%, 03/15/2034 | 138000 | &nbsp;&nbsp;&nbsp;&nbsp;141860 |
| Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.550%, 04/01/2035 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;25665 |
| &nbsp;&nbsp;&nbsp;5.900%, 04/18/2064 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;38507 |
| &nbsp;&nbsp;&nbsp;6.250%, 03/15/2053 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;35844 |
| DT Midstream, Inc.<br> 5.800%, 12/15/2034 (C) | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;118564 |
| Ecopetrol SA |  |  |
| &nbsp;&nbsp;&nbsp;7.750%, 02/01/2032 | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;181092 |
| &nbsp;&nbsp;&nbsp;8.375%, 01/19/2036 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;154917 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.550%, 06/20/2035 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;51563 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/08/2033 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;21047 |
| &nbsp;&nbsp;&nbsp;7.200%, (7.200% to 6-27-34, then 5 Year CMT + 2.970%), 06/27/2054 | &nbsp;&nbsp;83000 | &nbsp;&nbsp;&nbsp;&nbsp;88016 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;5.700%, 04/01/2035 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;216842 |
| &nbsp;&nbsp;&nbsp;6.400%, 12/01/2030 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;75867 |
| Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.300%, 02/15/2053 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;27230 |
| &nbsp;&nbsp;&nbsp;4.600%, 01/15/2031 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;136400 |
| &nbsp;&nbsp;&nbsp;5.200%, 01/15/2036 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;25410 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/16/2055 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;79071 |
| EOG Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 07/15/2032 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;81856 |
| &nbsp;&nbsp;&nbsp;5.350%, 01/15/2036 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;118077 |
| &nbsp;&nbsp;&nbsp;5.650%, 12/01/2054 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;40044 |
| EQT Corp.<br> 4.500%, 01/15/2029 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;125018 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Galaxy Pipeline Assets Bidco, Ltd.<br> 2.940%, 09/30/2040 (C) | $173276 | $&nbsp;&nbsp;&nbsp;&nbsp;147140 |
| Hess Corp.<br> 7.125%, 03/15/2033 | 205000 | &nbsp;&nbsp;&nbsp;&nbsp;237898 |
| Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/15/2030 (C) | 245000 | &nbsp;&nbsp;&nbsp;&nbsp;237463 |
| &nbsp;&nbsp;&nbsp;6.500%, 06/01/2029 (C) | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;139230 |
| Leviathan Bond, Ltd.<br> 6.500%, 06/30/2027 (C) | 235000 | &nbsp;&nbsp;&nbsp;&nbsp;235529 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;4.800%, 02/15/2031 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;150905 |
| &nbsp;&nbsp;&nbsp;5.000%, 01/15/2033 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;209488 |
| &nbsp;&nbsp;&nbsp;5.400%, 09/15/2035 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;75163 |
| &nbsp;&nbsp;&nbsp;5.500%, 06/01/2034 | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;219105 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 03/15/2030 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9443 |
| &nbsp;&nbsp;&nbsp;4.750%, 10/15/2031 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;35011 |
| &nbsp;&nbsp;&nbsp;5.050%, 11/01/2034 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;207098 |
| &nbsp;&nbsp;&nbsp;5.400%, 10/15/2035 | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;160602 |
| &nbsp;&nbsp;&nbsp;6.050%, 09/01/2033 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;90133 |
| &nbsp;&nbsp;&nbsp;6.100%, 11/15/2032 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;32147 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2053 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;10638 |
| &nbsp;&nbsp;&nbsp;7.150%, 01/15/2051 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;11204 |
| Targa Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 09/15/2030 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;50786 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/15/2035 | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;188685 |
| &nbsp;&nbsp;&nbsp;5.650%, 02/15/2036 | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;97272 |
| &nbsp;&nbsp;&nbsp;6.500%, 03/30/2034 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;21777 |
| Targa Resources Partners LP<br> 4.000%, 01/15/2032 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;118543 |
| TotalEnergies Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;5.425%, 09/10/2064 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;62586 |
| &nbsp;&nbsp;&nbsp;5.638%, 04/05/2064 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;144464 |
| Var Energi ASA<br> 5.875%, 05/22/2030 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;207959 |
| Viper Energy Partners LLC<br> 5.700%, 08/01/2035 | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;264347 |
| Whistler Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 09/30/2029 (C) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;10284 |
| &nbsp;&nbsp;&nbsp;5.700%, 09/30/2031 (C) | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;88365 |
| &nbsp;&nbsp;&nbsp;5.950%, 09/30/2034 (C) | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;51535 |
|  |  | 6835315 |
| **Financials – 6.3%** |  |  |
| American Express Company |  |  |
| &nbsp;&nbsp;&nbsp;5.016%, (5.016% to 4-25-30, then Overnight SOFR + 1.440%), 04/25/2031 | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;190230 |
| &nbsp;&nbsp;&nbsp;5.085%, (5.085% to 1-30-30, then SOFR Compounded Index + 1.020%), 01/30/2031 | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;164958 |
| Ameriprise Financial, Inc.<br> 5.200%, 04/15/2035 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;112053 |
| Ares Strategic Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 01/15/2031 (C) | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;177857 |
| &nbsp;&nbsp;&nbsp;5.800%, 09/09/2030 (C) | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;289621 |
| Arthur J. Gallagher & Company<br> 5.150%, 02/15/2035 | 340000 | &nbsp;&nbsp;&nbsp;&nbsp;344020 |
| Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;2.646%, 10/04/2031 (C) | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;169218 |
| &nbsp;&nbsp;&nbsp;2.717%, 01/07/2029 (C) | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;52028 |
| &nbsp;&nbsp;&nbsp;4.721%, 10/08/2029 (C) | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;141126 |
| Banca Comerciala Romana SA<br> 7.625%, (7.625% to 5-19-26, then 3 month EURIBOR + 4.539%), 05/19/2027 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;120654 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Banca Transilvania SA<br> 8.875%, (8.875% to 4-27-26, then 1 Year EURIBOR ICE Swap Rate + 5.580%), 04/27/2027 | 100000 | $120878 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.898%, (1.898% to 7-23-30, then Overnight SOFR + 1.530%), 07/23/2031 | $120000 | 107185 |
| &nbsp;&nbsp;&nbsp;1.922%, (1.922% to 10-24-30, then Overnight SOFR + 1.370%), 10/24/2031 | 215000 | 190957 |
| &nbsp;&nbsp;&nbsp;2.482%, (2.482% to 9-21-31, then 5 Year CMT + 1.200%), 09/21/2036 | 130000 | 112863 |
| &nbsp;&nbsp;&nbsp;2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031 | 185000 | 171437 |
| &nbsp;&nbsp;&nbsp;2.972%, (2.972% to 2-4-32, then Overnight SOFR + 1.330%), 02/04/2033 | 115000 | 104723 |
| &nbsp;&nbsp;&nbsp;4.376%, (4.376% to 4-27-27, then Overnight SOFR + 1.580%), 04/27/2028 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;40144 |
| &nbsp;&nbsp;&nbsp;5.518%, (5.518% to 10-25-34, then Overnight SOFR + 1.738%), 10/25/2035 | 155000 | 158766 |
| Block, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2031 | 125000 | 116328 |
| &nbsp;&nbsp;&nbsp;5.625%, 08/15/2030 (C) | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;55725 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;5.389%, (5.389% to 5-28-30, then Overnight SOFR + 1.581%), 05/28/2031 (C) | 500000 | 512972 |
| &nbsp;&nbsp;&nbsp;5.876%, (5.876% to 1-14-30, then Overnight SOFR + 1.680%), 01/14/2031 (C) | 250000 | 261095 |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.493%, (4.493% to 9-11-30, then Overnight SOFR + 1.250%), 09/11/2031 | 140000 | 138868 |
| &nbsp;&nbsp;&nbsp;6.183%, (6.183% to 1-30-35, then Overnight SOFR + 2.036%), 01/30/2036 | 120000 | 124483 |
| &nbsp;&nbsp;&nbsp;7.624%, (7.624% to 10-30-30, then Overnight SOFR + 3.070%), 10/30/2031 | 190000 | 214889 |
| &nbsp;&nbsp;&nbsp;7.964%, (7.964% to 11-2-33, then SOFR Compounded Index + 3.370%), 11/02/2034 | 115000 | 135968 |
| Citibank NA<br> 4.914%, 05/29/2030 | 250000 | 256858 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.503%, (4.503% to 9-11-30, then Overnight SOFR + 1.171%), 09/11/2031 | 175000 | 175095 |
| &nbsp;&nbsp;&nbsp;4.952%, (4.952% to 5-7-30, then Overnight SOFR + 1.463%), 05/07/2031 | 155000 | 157945 |
| Citizens Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.253%, (5.253% to 3-5-30, then Overnight SOFR + 1.259%), 03/05/2031 | 115000 | 117860 |
| &nbsp;&nbsp;&nbsp;6.645%, (6.645% to 4-25-34, then Overnight SOFR + 2.325%), 04/25/2035 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;33009 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Corebridge Global Funding<br> 4.900%, 08/21/2032 (C) | $&nbsp;&nbsp;55000 | $&nbsp;&nbsp;&nbsp;55245 |
| Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;4.818%, (4.818% to 9-25-32, then Overnight SOFR + 1.360%), 09/25/2033 (C) | 250000 | 248463 |
| &nbsp;&nbsp;&nbsp;5.222%, (5.222% to 5-27-30, then Overnight SOFR + 1.460%), 05/27/2031 (C) | 250000 | 256458 |
| &nbsp;&nbsp;&nbsp;6.251%, (6.251% to 1-10-34, then Overnight SOFR + 2.670%), 01/10/2035 (C) | 250000 | 263798 |
| Equitable America Global Funding<br> 4.700%, 09/15/2032 (C) | 155000 | 154182 |
| Equitable Financial Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;1.800%, 03/08/2028 (C) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;28323 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/27/2030 (C) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;81970 |
| Equitable Holdings, Inc.<br> 4.350%, 04/20/2028 | &nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;32110 |
| FirstCash, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 09/01/2028 (C) | 250000 | 245114 |
| &nbsp;&nbsp;&nbsp;5.625%, 01/01/2030 (C) | 140000 | 139797 |
| GA Global Funding Trust<br> 4.500%, 09/18/2030 (C) | 295000 | 292627 |
| HPS Corporate Lending Fund<br> 5.850%, 06/05/2030 (C) | 215000 | 218824 |
| HSBC Holdings PLC<br> 5.240%, (5.240% to 5-13-30, then Overnight SOFR + 1.570%), 05/13/2031 | 400000 | 411620 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.545%, (2.545% to 11-8-31, then Overnight SOFR + 1.180%), 11/08/2032 | 115000 | 103146 |
| &nbsp;&nbsp;&nbsp;2.580%, (2.580% to 4-22-31, then 3 month CME Term SOFR + 1.250%), 04/22/2032 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;36353 |
| &nbsp;&nbsp;&nbsp;3.702%, (3.702% to 5-6-29, then 3 month CME Term SOFR + 1.422%), 05/06/2030 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;63882 |
| &nbsp;&nbsp;&nbsp;4.005%, (4.005% to 4-23-28, then 3 month CME Term SOFR + 1.382%), 04/23/2029 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;59850 |
| &nbsp;&nbsp;&nbsp;4.505%, (4.505% to 10-22-27, then Overnight SOFR + 0.860%), 10/22/2028 | 185000 | 186581 |
| &nbsp;&nbsp;&nbsp;4.946%, (4.946% to 10-22-34, then Overnight SOFR + 1.340%), 10/22/2035 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;30255 |
| &nbsp;&nbsp;&nbsp;4.995%, (4.995% to 7-22-29, then Overnight SOFR + 1.125%), 07/22/2030 | 185000 | 189763 |
| &nbsp;&nbsp;&nbsp;5.103%, (5.103% to 4-22-30, then Overnight SOFR + 1.435%), 04/22/2031 | 220000 | 227286 |
| &nbsp;&nbsp;&nbsp;5.299%, (5.299% to 7-24-28, then Overnight SOFR + 1.450%), 07/24/2029 | 175000 | 180308 |
| &nbsp;&nbsp;&nbsp;5.336%, (5.336% to 1-23-34, then Overnight SOFR + 1.620%), 01/23/2035 | 130000 | 135119 |
| &nbsp;&nbsp;&nbsp;5.576%, (5.576% to 7-23-35, then Overnight SOFR + 1.635%), 07/23/2036 | 190000 | 196970 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| JPMorgan Chase & Co. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.581%, (5.581% to 4-22-29, then Overnight SOFR + 1.160%), 04/22/2030 | $195000 | $203675 |
| Lincoln Financial Global Funding<br> 4.625%, 05/28/2028 (C) | 125000 | 126284 |
| Marsh & McLennan Companies, Inc.<br> 5.400%, 03/15/2055 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;78434 |
| mBank SA<br> 0.966%, (0.966% to 9-21-26, then 3 month EURIBOR + 1.250%), 09/21/2027 | 100000 | 115174 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;1.794%, (1.794% to 2-13-31, then Overnight SOFR + 1.034%), 02/13/2032 | $&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;8722 |
| &nbsp;&nbsp;&nbsp;1.928%, (1.928% to 4-28-31, then Overnight SOFR + 1.020%), 04/28/2032 | 200000 | 174546 |
| &nbsp;&nbsp;&nbsp;2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;75072 |
| &nbsp;&nbsp;&nbsp;4.210%, (4.210% to 4-20-27, then Overnight SOFR + 1.610%), 04/20/2028 | 105000 | 105114 |
| &nbsp;&nbsp;&nbsp;5.230%, (5.230% to 1-15-30, then Overnight SOFR + 1.108%), 01/15/2031 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;51607 |
| &nbsp;&nbsp;&nbsp;5.449%, (5.449% to 7-20-28, then Overnight SOFR + 1.630%), 07/20/2029 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;56832 |
| &nbsp;&nbsp;&nbsp;5.656%, (5.656% to 4-18-29, then Overnight SOFR + 1.260%), 04/18/2030 | 160000 | 167074 |
| MSCI, Inc.<br> 3.625%, 11/01/2031 (C) | 192000 | 180337 |
| OTP Bank NYRT<br> 7.500%, (7.500% to 5-25-26, then 1 Year CMT + 3.711%), 05/25/2027 | 200000 | 203359 |
| Rocket Mortgage LLC<br> 3.875%, 03/01/2031 (C) | 250000 | 233461 |
| Royal Bank of Canada<br> 5.153%, (5.153% to 2-4-30, then Overnight SOFR + 1.030%), 02/04/2031 | 160000 | 164838 |
| Sixth Street Lending Partners<br> 6.125%, 07/15/2030 (C) | 250000 | 258469 |
| Standard Chartered PLC<br> 7.767%, (7.767% to 11-16-27, then 1 Year CMT + 3.450%), 11/16/2028 (C) | 200000 | 214156 |
| Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, (5.450% to 3-6-30, then Overnight SOFR + 1.680%), 03/06/2031 | 140000 | 142655 |
| &nbsp;&nbsp;&nbsp;6.000%, (6.000% to 7-29-35, then Overnight SOFR + 2.070%), 07/29/2036 | 135000 | 138084 |
| The Bank of New York Mellon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.060%, (5.060% to 7-22-31, then Overnight SOFR + 1.230%), 07/22/2032 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;77492 |
| &nbsp;&nbsp;&nbsp;5.188%, (5.188% to 3-14-34, then Overnight SOFR + 1.418%), 03/14/2035 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;46386 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| The Bank of New York<br> Mellon Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.317%, (6.317% to 10-25-28, then Overnight SOFR + 1.598%), 10/25/2029 | $&nbsp;&nbsp;20000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21283 |
| The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18144 |
| &nbsp;&nbsp;&nbsp;4.482%, (4.482% to 8-23-27, then Overnight SOFR + 1.725%), 08/23/2028 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15094 |
| &nbsp;&nbsp;&nbsp;4.692%, (4.692% to 10-23-29, then Overnight SOFR + 1.135%), 10/23/2030 | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;192421 |
| &nbsp;&nbsp;&nbsp;5.016%, (5.016% to 10-23-34, then Overnight SOFR + 1.420%), 10/23/2035 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55366 |
| &nbsp;&nbsp;&nbsp;5.049%, (5.049% to 7-23-29, then Overnight SOFR + 1.210%), 07/23/2030 | 235000 | &nbsp;&nbsp;&nbsp;&nbsp;240890 |
| &nbsp;&nbsp;&nbsp;5.218%, (5.218% to 4-23-30, then Overnight SOFR + 1.580%), 04/23/2031 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67217 |
| UBS Group AG<br> 6.442%, (6.442% to 8-11-27, then Overnight SOFR + 3.700%), 08/11/2028 (C) | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;259759 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;2.572%, (2.572% to 2-11-30, then 3 month CME Term SOFR + 1.262%), 02/11/2031 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92933 |
| &nbsp;&nbsp;&nbsp;2.879%, (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%), 10/30/2030 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28404 |
| &nbsp;&nbsp;&nbsp;3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;134977 |
| &nbsp;&nbsp;&nbsp;4.897%, (4.897% to 7-25-32, then Overnight SOFR + 2.100%), 07/25/2033 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;157469 |
| &nbsp;&nbsp;&nbsp;5.150%, (5.150% to 4-23-30, then Overnight SOFR + 1.500%), 04/23/2031 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67035 |
| &nbsp;&nbsp;&nbsp;5.244%, (5.244% to 1-24-30, then Overnight SOFR + 1.110%), 01/24/2031 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72423 |
| &nbsp;&nbsp;&nbsp;5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46636 |
| &nbsp;&nbsp;&nbsp;6.491%, (6.491% to 10-23-33, then Overnight SOFR + 2.060%), 10/23/2034 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83332 |
|  |  | 13283011 |
| **Health care – 2.0%** |  |  |
| Avantor Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 11/01/2029 (C) | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;123625 |
| &nbsp;&nbsp;&nbsp;4.625%, 07/15/2028 (C) | 375000 | &nbsp;&nbsp;&nbsp;&nbsp;368872 |
| Cardinal Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/15/2030 | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;285869 |
| &nbsp;&nbsp;&nbsp;5.000%, 11/15/2029 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;256348 |
| Cencora, Inc.<br> 4.850%, 12/15/2029 | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;173458 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 03/01/2031 | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;163669 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care (continued)** |  |  |
| Centene Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;2.625%, 08/01/2031 | $120000 | $&nbsp;&nbsp;&nbsp;&nbsp;103083 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.750%, 08/21/2030 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;48277 |
| &nbsp;&nbsp;&nbsp;1.875%, 02/28/2031 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;26073 |
| &nbsp;&nbsp;&nbsp;2.125%, 09/15/2031 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;60761 |
| &nbsp;&nbsp;&nbsp;5.450%, 09/15/2035 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;111936 |
| &nbsp;&nbsp;&nbsp;6.750%, (6.750% to 12-10-34, then 5 Year CMT + 2.516%), 12/10/2054 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;108385 |
| GE HealthCare Technologies, Inc.<br> 5.500%, 06/15/2035 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;150305 |
| Hologic, Inc.<br> 3.250%, 02/15/2029 (C) | 238000 | &nbsp;&nbsp;&nbsp;&nbsp;229811 |
| Humana, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 04/15/2031 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;102861 |
| &nbsp;&nbsp;&nbsp;5.550%, 05/01/2035 | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;163001 |
| Icon Investments Six DAC<br> 6.000%, 05/08/2034 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;209940 |
| Royalty Pharma PLC<br> 5.200%, 09/25/2035 | 405000 | &nbsp;&nbsp;&nbsp;&nbsp;404656 |
| Solventum Corp.<br> 5.400%, 03/01/2029 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;72239 |
| The Cigna Group<br> 4.875%, 09/15/2032 | 365000 | &nbsp;&nbsp;&nbsp;&nbsp;368680 |
| Thermo Fisher Scientific, Inc.<br> 4.473%, 10/07/2032 | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;170026 |
| UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 05/15/2040 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;115495 |
| &nbsp;&nbsp;&nbsp;3.500%, 08/15/2039 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;58387 |
| &nbsp;&nbsp;&nbsp;4.950%, 05/15/2062 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;26379 |
| &nbsp;&nbsp;&nbsp;5.300%, 02/15/2030 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;15615 |
| &nbsp;&nbsp;&nbsp;5.300%, 06/15/2035 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;56855 |
| &nbsp;&nbsp;&nbsp;5.375%, 04/15/2054 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;120046 |
| &nbsp;&nbsp;&nbsp;5.750%, 07/15/2064 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;24890 |
| &nbsp;&nbsp;&nbsp;6.050%, 02/15/2063 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;10445 |
| Viatris, Inc.<br> 3.850%, 06/22/2040 | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;106762 |
|  |  | 4236749 |
| **Industrials – 1.1%** |  |  |
| Builders FirstSource, Inc.<br> 5.000%, 03/01/2030 (C) | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;222712 |
| Clean Harbors, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 07/15/2027 (C) | 183000 | &nbsp;&nbsp;&nbsp;&nbsp;182847 |
| &nbsp;&nbsp;&nbsp;6.375%, 02/01/2031 (C) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;35841 |
| Daimler Truck Finance North America LLC<br> 5.000%, 10/12/2032 (C) | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;256230 |
| International Airport Finance SA<br> 12.000%, 03/15/2033 (C) | 288694 | &nbsp;&nbsp;&nbsp;&nbsp;307618 |
| L3Harris Technologies, Inc.<br> 5.050%, 06/01/2029 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;123372 |
| Regal Rexnord Corp.<br> 6.050%, 04/15/2028 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;134476 |
| Siemens Funding BV<br> 4.600%, 05/28/2030 (C) | 205000 | &nbsp;&nbsp;&nbsp;&nbsp;208688 |
| The Boeing Company |  |  |
| &nbsp;&nbsp;&nbsp;2.950%, 02/01/2030 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;42367 |
| &nbsp;&nbsp;&nbsp;3.200%, 03/01/2029 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;33772 |
| &nbsp;&nbsp;&nbsp;3.750%, 02/01/2050 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7388 |
| &nbsp;&nbsp;&nbsp;5.150%, 05/01/2030 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;153923 |
| &nbsp;&nbsp;&nbsp;5.705%, 05/01/2040 | 295000 | &nbsp;&nbsp;&nbsp;&nbsp;301013 |
| &nbsp;&nbsp;&nbsp;6.388%, 05/01/2031 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;54456 |
| &nbsp;&nbsp;&nbsp;6.528%, 05/01/2034 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;82910 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| Wabtec Corp.<br> 4.900%, 05/29/2030 | $130000 | $&nbsp;&nbsp;&nbsp;&nbsp;132855 |
|  |  | 2280468 |
| **Information technology – 2.6%** |  |  |
| Applied Materials, Inc.<br> 4.600%, 01/15/2036 | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;163292 |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.150%, 02/15/2028 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;120313 |
| &nbsp;&nbsp;&nbsp;4.200%, 10/15/2030 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;149744 |
| &nbsp;&nbsp;&nbsp;5.050%, 07/12/2029 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;66956 |
| &nbsp;&nbsp;&nbsp;5.200%, 07/15/2035 | 235000 | &nbsp;&nbsp;&nbsp;&nbsp;242191 |
| Fair Isaac Corp.<br> 4.000%, 06/15/2028 (C) | 108000 | &nbsp;&nbsp;&nbsp;&nbsp;105035 |
| Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.900%, 01/25/2033 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;210897 |
| &nbsp;&nbsp;&nbsp;6.150%, 01/25/2032 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;213767 |
| &nbsp;&nbsp;&nbsp;6.250%, 01/25/2035 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;214083 |
| Gartner, Inc.<br> 4.500%, 07/01/2028 (C) | 193000 | &nbsp;&nbsp;&nbsp;&nbsp;191424 |
| Gen Digital, Inc.<br> 6.750%, 09/30/2027 (C) | 138000 | &nbsp;&nbsp;&nbsp;&nbsp;140115 |
| Hewlett Packard Enterprise Company |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 10/15/2034 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;34728 |
| &nbsp;&nbsp;&nbsp;5.600%, 10/15/2054 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;191273 |
| IBM Corp.<br> 4.800%, 02/10/2030 | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;179083 |
| Insight Enterprises, Inc.<br> 6.625%, 05/15/2032 (C) | 363000 | &nbsp;&nbsp;&nbsp;&nbsp;372184 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 02/15/2060 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;35555 |
| &nbsp;&nbsp;&nbsp;3.250%, 11/15/2049 | 151000 | &nbsp;&nbsp;&nbsp;&nbsp;100338 |
| &nbsp;&nbsp;&nbsp;3.734%, 12/08/2047 | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;195733 |
| &nbsp;&nbsp;&nbsp;4.100%, 05/11/2047 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;54659 |
| &nbsp;&nbsp;&nbsp;4.150%, 08/05/2032 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;53054 |
| &nbsp;&nbsp;&nbsp;4.750%, 03/25/2050 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8471 |
| &nbsp;&nbsp;&nbsp;5.200%, 02/10/2033 | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;97125 |
| Marvell Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.450%, 04/15/2028 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;76631 |
| &nbsp;&nbsp;&nbsp;2.950%, 04/15/2031 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;106208 |
| Micron Technology, Inc.<br> 5.650%, 11/01/2032 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;162662 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 12/01/2029 (C) | 590000 | &nbsp;&nbsp;&nbsp;&nbsp;557698 |
| &nbsp;&nbsp;&nbsp;6.900%, 12/01/2027 (C) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;104042 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 03/25/2031 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;123962 |
| &nbsp;&nbsp;&nbsp;2.950%, 04/01/2030 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;32978 |
| &nbsp;&nbsp;&nbsp;3.850%, 04/01/2060 | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;120342 |
| &nbsp;&nbsp;&nbsp;3.950%, 03/25/2051 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;14870 |
| &nbsp;&nbsp;&nbsp;4.100%, 03/25/2061 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;21600 |
| &nbsp;&nbsp;&nbsp;4.700%, 09/27/2034 | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;185551 |
| &nbsp;&nbsp;&nbsp;4.800%, 09/26/2032 | 475000 | &nbsp;&nbsp;&nbsp;&nbsp;475571 |
| &nbsp;&nbsp;&nbsp;5.250%, 02/03/2032 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;30928 |
| &nbsp;&nbsp;&nbsp;5.500%, 09/27/2064 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;41213 |
| Qorvo, Inc.<br> 3.375%, 04/01/2031 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;183756 |
| Qualcomm, Inc.<br> 4.750%, 05/20/2032 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;147687 |
|  |  | 5525719 |
| **Materials – 1.0%** |  |  |
| Anglo American Capital PLC<br> 4.500%, 03/15/2028 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;201122 |
| Ball Corp.<br> 6.000%, 06/15/2029 | 630000 | &nbsp;&nbsp;&nbsp;&nbsp;644896 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Materials (continued)** |  |  |
| Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.371%, 04/04/2029 (C) | $120000 | $&nbsp;&nbsp;&nbsp;&nbsp;123648 |
| &nbsp;&nbsp;&nbsp;5.634%, 04/04/2034 (C) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;41630 |
| &nbsp;&nbsp;&nbsp;6.375%, 10/06/2030 (C) | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;183493 |
| &nbsp;&nbsp;&nbsp;6.500%, 10/06/2033 (C) | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;55100 |
| Rio Tinto Alcan, Inc.<br> 6.125%, 12/15/2033 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;109777 |
| Rio Tinto Finance USA PLC |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 03/14/2032 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;35979 |
| &nbsp;&nbsp;&nbsp;5.875%, 03/14/2065 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;104176 |
| Standard Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 01/15/2031 (C) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4528 |
| &nbsp;&nbsp;&nbsp;4.375%, 07/15/2030 (C) | 410000 | &nbsp;&nbsp;&nbsp;&nbsp;393100 |
| The Sherwin-Williams Company<br> 5.150%, 08/15/2035 | 295000 | &nbsp;&nbsp;&nbsp;&nbsp;300164 |
|  |  | 2197613 |
| **Real estate – 0.4%** |  |  |
| American Tower Corp.<br> 2.700%, 04/15/2031 | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;150536 |
| Cousins Properties LP<br> 5.375%, 02/15/2032 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;148664 |
| Crown Castle, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.100%, 04/01/2031 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;26266 |
| &nbsp;&nbsp;&nbsp;2.250%, 01/15/2031 | 245000 | &nbsp;&nbsp;&nbsp;&nbsp;218046 |
| &nbsp;&nbsp;&nbsp;3.100%, 11/15/2029 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;142689 |
| Iron Mountain, Inc.<br> 6.250%, 01/15/2033 (C) | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;214203 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;900404 |
| **Utilities – 4.7%** |  |  |
| AES Andes SA<br> 6.250%, 03/14/2032 (C) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;209385 |
| Alabama Power Company |  |  |
| &nbsp;&nbsp;&nbsp;3.450%, 10/01/2049 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;54956 |
| &nbsp;&nbsp;&nbsp;4.150%, 08/15/2044 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;89113 |
| &nbsp;&nbsp;&nbsp;5.100%, 04/02/2035 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20438 |
| Arizona Public Service Company<br> 5.700%, 08/15/2034 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;110014 |
| Baltimore Gas & Electric Company<br> 5.450%, 06/01/2035 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;109066 |
| Boston Gas Company<br> 3.757%, 03/16/2032 (C) | &nbsp;&nbsp;68000 | &nbsp;&nbsp;&nbsp;&nbsp;64050 |
| Cleco Corporate Holdings LLC<br> 3.375%, 09/15/2029 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;84095 |
| Consolidated Edison Company of New<br> York, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 12/01/2051 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;81263 |
| &nbsp;&nbsp;&nbsp;5.500%, 03/15/2055 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;108762 |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 06/15/2030 | 140000 | &nbsp;&nbsp;&nbsp;&nbsp;143529 |
| &nbsp;&nbsp;&nbsp;6.000%, (6.000% to 2-15-31, then 5 Year CMT + 2.262%), 02/15/2056 | 480000 | &nbsp;&nbsp;&nbsp;&nbsp;483434 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.550%, 06/15/2031 | 305000 | &nbsp;&nbsp;&nbsp;&nbsp;275735 |
| &nbsp;&nbsp;&nbsp;3.300%, 06/15/2041 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;38485 |
| &nbsp;&nbsp;&nbsp;4.950%, 09/15/2035 | 245000 | &nbsp;&nbsp;&nbsp;&nbsp;243392 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/15/2052 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;72020 |
| &nbsp;&nbsp;&nbsp;5.450%, 06/15/2034 | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5201 |
| Duke Energy Florida LLC<br> 1.750%, 06/15/2030 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;102940 |
| Duke Energy Indiana LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 04/01/2050 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;50815 |
| &nbsp;&nbsp;&nbsp;3.250%, 10/01/2049 | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;73167 |
| Duke Energy Ohio, Inc.<br> 5.550%, 03/15/2054 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;59936 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.700%, 10/15/2046 | $125000 | $&nbsp;&nbsp;&nbsp;96704 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/15/2035 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;35564 |
| &nbsp;&nbsp;&nbsp;5.550%, 03/15/2055 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;55220 |
| Edison International |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 03/15/2032 (D) | &nbsp;&nbsp;61000 | &nbsp;&nbsp;&nbsp;60421 |
| &nbsp;&nbsp;&nbsp;6.250%, 03/15/2030 | 150000 | 155975 |
| Eversource Energy |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2033 | 200000 | 202785 |
| &nbsp;&nbsp;&nbsp;5.500%, 01/01/2034 | 125000 | 129077 |
| Georgia Power Company |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 03/15/2042 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;66202 |
| &nbsp;&nbsp;&nbsp;4.550%, 03/15/2030 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;71083 |
| &nbsp;&nbsp;&nbsp;4.850%, 03/15/2031 | 290000 | 297768 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/15/2035 | 130000 | 133216 |
| Interstate Power & Light Company<br> 5.600%, 06/29/2035 | 155000 | 161035 |
| Jersey Central Power & Light Company<br> 5.100%, 01/15/2035 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;35472 |
| KeySpan Gas East Corp.<br> 5.994%, 03/06/2033 (C) | &nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;30710 |
| Monongahela Power Company<br> 5.850%, 02/15/2034 (C) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15854 |
| NiSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.490%, 05/15/2027 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;84188 |
| &nbsp;&nbsp;&nbsp;5.350%, 07/15/2035 | 185000 | 188890 |
| &nbsp;&nbsp;&nbsp;5.400%, 06/30/2033 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;36284 |
| NSTAR Electric Company<br> 5.400%, 06/01/2034 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;78073 |
| Ohio Edison Company<br> 5.500%, 01/15/2033 (C) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;36367 |
| Oncor Electric Delivery Company LLC<br> 5.350%, 04/01/2035 (C) | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;98258 |
| Pacific Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 02/01/2031 | 340000 | 302907 |
| &nbsp;&nbsp;&nbsp;3.300%, 08/01/2040 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;30306 |
| &nbsp;&nbsp;&nbsp;3.500%, 08/01/2050 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;20466 |
| &nbsp;&nbsp;&nbsp;4.550%, 07/01/2030 | 100000 | &nbsp;&nbsp;&nbsp;99305 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/15/2044 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;34221 |
| &nbsp;&nbsp;&nbsp;4.950%, 07/01/2050 | &nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;27465 |
| &nbsp;&nbsp;&nbsp;5.050%, 10/15/2032 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;89829 |
| &nbsp;&nbsp;&nbsp;5.800%, 05/15/2034 | 140000 | 145063 |
| &nbsp;&nbsp;&nbsp;5.900%, 06/15/2032 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;26137 |
| &nbsp;&nbsp;&nbsp;5.900%, 10/01/2054 | 145000 | 141245 |
| &nbsp;&nbsp;&nbsp;6.100%, 01/15/2029 | 160000 | 167377 |
| &nbsp;&nbsp;&nbsp;6.150%, 01/15/2033 | 105000 | 111131 |
| &nbsp;&nbsp;&nbsp;6.150%, 03/01/2055 | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;23131 |
| &nbsp;&nbsp;&nbsp;6.700%, 04/01/2053 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;37426 |
| &nbsp;&nbsp;&nbsp;6.750%, 01/15/2053 | 215000 | 231651 |
| &nbsp;&nbsp;&nbsp;6.950%, 03/15/2034 | 145000 | 160833 |
| Pinnacle West Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 05/15/2028 | 131000 | 133083 |
| &nbsp;&nbsp;&nbsp;5.150%, 05/15/2030 | 115000 | 118265 |
| Public Service Company of Oklahoma<br> 5.200%, 01/15/2035 | 140000 | 141728 |
| Public Service Enterprise Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 03/15/2030 | 195000 | 199321 |
| &nbsp;&nbsp;&nbsp;5.450%, 04/01/2034 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15526 |
| &nbsp;&nbsp;&nbsp;6.125%, 10/15/2033 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;53977 |
| Puget Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.100%, 06/15/2030 | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;21485 |
| &nbsp;&nbsp;&nbsp;4.224%, 03/15/2032 | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;7661 |
| &nbsp;&nbsp;&nbsp;5.725%, 03/15/2035 | 465000 | 479844 |
| San Diego Gas & Electric Company<br> 5.400%, 04/15/2035 | 145000 | 149744 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| Southern California Edison Company |  |  |
| &nbsp;&nbsp;&nbsp;3.650%, 02/01/2050 | $&nbsp;&nbsp;35000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24461 |
| &nbsp;&nbsp;&nbsp;3.900%, 03/15/2043 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7825 |
| &nbsp;&nbsp;&nbsp;4.000%, 04/01/2047 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56739 |
| &nbsp;&nbsp;&nbsp;4.125%, 03/01/2048 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;110788 |
| &nbsp;&nbsp;&nbsp;4.650%, 10/01/2043 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17034 |
| &nbsp;&nbsp;&nbsp;5.200%, 06/01/2034 | &nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46719 |
| &nbsp;&nbsp;&nbsp;5.450%, 03/01/2035 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75905 |
| &nbsp;&nbsp;&nbsp;5.450%, 06/01/2052 | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4539 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/01/2053 | &nbsp;&nbsp;61000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57281 |
| &nbsp;&nbsp;&nbsp;5.875%, 12/01/2053 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96578 |
| &nbsp;&nbsp;&nbsp;5.900%, 03/01/2055 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63079 |
| &nbsp;&nbsp;&nbsp;5.950%, 11/01/2032 | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;200238 |
| &nbsp;&nbsp;&nbsp;6.200%, 09/15/2055 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25203 |
| Southern California Gas Company |  |  |
| &nbsp;&nbsp;&nbsp;5.600%, 04/01/2054 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70243 |
| &nbsp;&nbsp;&nbsp;6.000%, 06/15/2055 | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;183236 |
| Southern Company Gas Capital Corp.<br> 5.100%, 09/15/2035 | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;145379 |
| Southern Power Company<br> 4.900%, 10/01/2035 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;108482 |
| Trans-Allegheny Interstate Line Company<br> 5.000%, 01/15/2031 (C) | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;128163 |
| Virginia Electric & Power Company |  |  |
| &nbsp;&nbsp;&nbsp;2.450%, 12/15/2050 | &nbsp;&nbsp;43000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25033 |
| &nbsp;&nbsp;&nbsp;4.200%, 05/15/2045 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8359 |
| &nbsp;&nbsp;&nbsp;4.900%, 09/15/2035 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;129320 |
| &nbsp;&nbsp;&nbsp;5.000%, 04/01/2033 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;132300 |
| &nbsp;&nbsp;&nbsp;5.000%, 01/15/2034 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;136518 |
| &nbsp;&nbsp;&nbsp;5.050%, 08/15/2034 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50682 |
| &nbsp;&nbsp;&nbsp;5.150%, 03/15/2035 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86554 |
| &nbsp;&nbsp;&nbsp;5.350%, 01/15/2054 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48048 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/15/2055 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10058 |
| Wisconsin Power & Light Company<br> 5.375%, 03/30/2034 | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98648 |
| Xcel Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.600%, 06/01/2032 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84332 |
| &nbsp;&nbsp;&nbsp;4.750%, 03/21/2028 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;111357 |
| &nbsp;&nbsp;&nbsp;5.600%, 04/15/2035 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72565 |
|  |  | &nbsp;&nbsp;&nbsp;9933735 |
| TOTAL CORPORATE BONDS (Cost $54,439,584) |  | $55336234 |
| **MUNICIPAL BONDS – 1.0%** |  |  |
| Chicago Board of Education (Illinois), GO<br> 6.138%, 12/01/2039 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;147353 |
| Chicago Board of Education (Illinois), GO<br> 6.319%, 11/01/2029 | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;118900 |
| County of Riverside (California)<br> 3.070%, 02/15/2028 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;590314 |
| Metropolitan Transportation Authority (New York)<br> 4.750%, 11/15/2045 | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;253541 |
| Metropolitan Transportation Authority (New York)<br> 5.175%, 11/15/2049 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23071 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **MUNICIPAL BONDS (continued)** |  |  |
| New York Transportation Development Corp.<br> 4.248%, 09/01/2035 | &nbsp;&nbsp;400000 | $&nbsp;&nbsp;&nbsp;&nbsp;393126 |
| Philadelphia Authority for Industrial Development (Pennsylvania)<br> 6.550%, 10/15/2028 | &nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;716785 |
| TOTAL MUNICIPAL BONDS (Cost $2,409,682) | TOTAL MUNICIPAL BONDS (Cost $2,409,682) | $2243090 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 13.2%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 13.2%** |  |
| **Commercial and residential – 9.8%** |  |  |
| 280 Park Avenue Mortgage Trust<br> Series 2017-280P, Class E (1 month CME Term SOFR + 2.419%)<br> 6.637%, 09/15/2034 (C)(E) | &nbsp;&nbsp;214000 | &nbsp;&nbsp;&nbsp;&nbsp;207313 |
| Angel Oak Mortgage Trust LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-R1, Class A1,<br> 0.990%, 04/25/2053 (C)(F) | &nbsp;&nbsp;&nbsp;&nbsp;54528 | &nbsp;&nbsp;&nbsp;&nbsp;51800 |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.985%, 04/25/2066 (C)(F) | &nbsp;&nbsp;102010 | &nbsp;&nbsp;&nbsp;&nbsp;88550 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A2,<br> 1.241%, 01/20/2065 (C)(F) | &nbsp;&nbsp;101369 | &nbsp;&nbsp;&nbsp;&nbsp;85980 |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 0.951%, 07/25/2066 (C)(F) | &nbsp;&nbsp;229956 | &nbsp;&nbsp;&nbsp;&nbsp;200939 |
| &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1,<br> 1.458%, 09/25/2066 (C)(F) | &nbsp;&nbsp;382649 | &nbsp;&nbsp;&nbsp;&nbsp;325518 |
| &nbsp;&nbsp;&nbsp;Series 2021-8, Class A1,<br> 1.820%, 11/25/2066 (C)(F) | &nbsp;&nbsp;169854 | &nbsp;&nbsp;&nbsp;&nbsp;152202 |
| &nbsp;&nbsp;&nbsp;Series 2022-2, Class A1,<br> 3.353%, 01/25/2067 (C)(F) | &nbsp;&nbsp;&nbsp;&nbsp;50889 | &nbsp;&nbsp;&nbsp;&nbsp;48263 |
| &nbsp;&nbsp;&nbsp;Series 2022-5, Class A1 (4.500% to 7-1-26, then 5.500% thereafter),<br> 4.500%, 05/25/2067 (C) | &nbsp;&nbsp;428333 | &nbsp;&nbsp;&nbsp;&nbsp;425891 |
| Arroyo Mortgage Trust<br> Series 2019-2, Class A1<br> 3.347%, 04/25/2049 (C)(F) | &nbsp;&nbsp;&nbsp;&nbsp;98059 | &nbsp;&nbsp;&nbsp;&nbsp;95434 |
| BANK |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-BNK8, Class XA IO,<br> 0.841%, 11/15/2050 | 3593796 | &nbsp;&nbsp;&nbsp;&nbsp;39256 |
| &nbsp;&nbsp;&nbsp;Series 2019-BN18, Class XA IO,<br> 1.026%, 05/15/2062 | 1378109 | &nbsp;&nbsp;&nbsp;&nbsp;36164 |
| &nbsp;&nbsp;&nbsp;Series 2019-BN20, Class XA IO,<br> 0.924%, 09/15/2062 | 2157655 | &nbsp;&nbsp;&nbsp;&nbsp;59047 |
| &nbsp;&nbsp;&nbsp;Series 2019-BN22, Class XA IO,<br> 0.694%, 11/15/2062 | 2379664 | &nbsp;&nbsp;&nbsp;&nbsp;50017 |
| &nbsp;&nbsp;&nbsp;Series 2019-BN23, Class XA IO,<br> 0.799%, 12/15/2052 | 1890016 | &nbsp;&nbsp;&nbsp;&nbsp;45019 |
| &nbsp;&nbsp;&nbsp;Series 2019-BN24, Class XA IO,<br> 0.749%, 11/15/2062 | 1160633 | &nbsp;&nbsp;&nbsp;&nbsp;27410 |
| &nbsp;&nbsp;&nbsp;Series 2020-BN28, Class XA IO,<br> 1.875%, 03/15/2063 | 2499982 | &nbsp;&nbsp;&nbsp;&nbsp;173533 |
| &nbsp;&nbsp;&nbsp;Series 2023-BNK45, Class XA IO,<br> 1.206%, 02/15/2056 | &nbsp;&nbsp;987954 | &nbsp;&nbsp;&nbsp;&nbsp;52678 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-C1, Class XA IO,<br> 1.610%, 02/15/2050 | 2539499 | &nbsp;&nbsp;&nbsp;&nbsp;32429 |
| &nbsp;&nbsp;&nbsp;Series 2022-C15, Class A5,<br> 3.662%, 04/15/2055 (F) | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;102218 |
| &nbsp;&nbsp;&nbsp;Series 2024-C24, Class XA IO,<br> 1.864%, 02/15/2057 | &nbsp;&nbsp;993040 | &nbsp;&nbsp;&nbsp;&nbsp;94930 |
| &nbsp;&nbsp;&nbsp;Series 2025-C32, Class XA IO,<br> 1.356%, 02/15/2062 | &nbsp;&nbsp;999077 | &nbsp;&nbsp;&nbsp;&nbsp;83953 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-B1, Class XA IO,<br> 0.666%, 01/15/2051 | &nbsp;&nbsp;846261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8003 |
| &nbsp;&nbsp;&nbsp;Series 2018-B4, Class XA IO,<br> 0.613%, 07/15/2051 | 1983475 | &nbsp;&nbsp;&nbsp;&nbsp;18995 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Benchmark Mortgage Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-B8, Class XA IO,<br> 0.776%, 01/15/2052 | $4302649 | $&nbsp;&nbsp;&nbsp;65792 |
| &nbsp;&nbsp;&nbsp;Series 2019-B10, Class XA IO,<br> 1.380%, 03/15/2062 | 2609862 | &nbsp;&nbsp;&nbsp;92278 |
| &nbsp;&nbsp;&nbsp;Series 2019-B12, Class XA IO,<br> 1.201%, 08/15/2052 | &nbsp;&nbsp;981902 | &nbsp;&nbsp;&nbsp;25916 |
| &nbsp;&nbsp;&nbsp;Series 2019-B15, Class A5,<br> 2.928%, 12/15/2072 | &nbsp;&nbsp;565000 | 527852 |
| &nbsp;&nbsp;&nbsp;Series 2020-B18, Class XA IO,<br> 1.853%, 07/15/2053 | &nbsp;&nbsp;566972 | &nbsp;&nbsp;&nbsp;29621 |
| &nbsp;&nbsp;&nbsp;Series 2020-B22, Class XA IO,<br> 1.613%, 01/15/2054 | 1149773 | &nbsp;&nbsp;&nbsp;71979 |
| BINOM Securitization Trust<br> Series 2021-INV1, Class A1<br> 2.034%, 06/25/2056 (C)(F) | &nbsp;&nbsp;108707 | &nbsp;&nbsp;&nbsp;98844 |
| BOCA Commercial Mortgage Trust<br> Series 2024-BOCA, Class B (1 month CME Term SOFR + 2.340%)<br> 6.490%, 08/15/2041 (C)(E) | &nbsp;&nbsp;220000 | 221100 |
| BPR Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-STAR, Class A (1 month CME Term SOFR + 3.232%),<br> 7.382%, 08/15/2039 (C)(E) | &nbsp;&nbsp;275000 | 274967 |
| &nbsp;&nbsp;&nbsp;Series 2024-PMDW, Class B,<br> 5.850%, 11/05/2041 (C)(F) | &nbsp;&nbsp;100000 | 102229 |
| BRAVO Residential Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 0.941%, 02/25/2049 (C)(F) | &nbsp;&nbsp;&nbsp;&nbsp;52203 | &nbsp;&nbsp;&nbsp;48978 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 0.970%, 03/25/2060 (C)(F) | &nbsp;&nbsp;&nbsp;&nbsp;28714 | &nbsp;&nbsp;&nbsp;28046 |
| BSTN Commercial Mortgage Trust<br> Series 2025-HUB, Class A<br> 5.062%, 04/13/2041 (C)(F) | &nbsp;&nbsp;100000 | 100000 |
| BWAY Trust<br> Series 2025-1535, Class B<br> 7.710%, 05/05/2042 (C)(F) | &nbsp;&nbsp;295000 | 308681 |
| BX Trust<br> Series 2024-PAT, Class B (1 month CME Term SOFR + 3.039%)<br> 7.189%, 03/15/2041 (C)(E) | &nbsp;&nbsp;&nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;39000 |
| Citigroup Commercial Mortgage Trust<br> Series 2016-C3, Class C<br> 4.139%, 11/15/2049 (F) | &nbsp;&nbsp;288000 | 255346 |
| COLT Mortgage Loan Trust<br> Series 2021-3, Class A1<br> 0.956%, 09/27/2066 (C)(F) | &nbsp;&nbsp;494804 | 415602 |
| Commercial Mortgage Trust (Deutsche<br> Bank AG) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-HC, Class A,<br> 2.819%, 01/10/2039 (C) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;95794 |
| &nbsp;&nbsp;&nbsp;Series 2022-HC, Class D,<br> 4.084%, 01/10/2039 (C)(F) | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;93426 |
| &nbsp;&nbsp;&nbsp;Series 2024-CBM, Class B,<br> 6.511%, 12/10/2041 (C)(F) | &nbsp;&nbsp;137000 | 139047 |
| Credit Suisse Mortgage<br> Capital Certificates |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-FHA1, Class A1,<br> 3.250%, 04/25/2047 (C)(F) | &nbsp;&nbsp;113891 | 104814 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.179%, 02/25/2066 (C)(F) | &nbsp;&nbsp;207412 | 186129 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM8, Class A1,<br> 1.841%, 10/25/2066 (C)(F) | &nbsp;&nbsp;190792 | 174221 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Credit Suisse Mortgage<br> Capital Certificates (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-RPL4, Class A1,<br> 4.136%, 12/27/2060 (C)(F) | $110869 | $110420 |
| &nbsp;&nbsp;&nbsp;Series 2022-NQM1, Class A1,<br> 2.265%, 11/25/2066 (C)(F) | 494528 | 452704 |
| CSAIL Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-C6, Class A5,<br> 3.090%, 01/15/2049 | 115000 | 114074 |
| &nbsp;&nbsp;&nbsp;Series 2016-C6, Class XA IO,<br> 2.008%, 01/15/2049 | 877203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 |
| DBJPM Mortgage Trust<br> Series 2020-C9, Class XA IO<br> 1.699%, 09/15/2053 | 418313 | &nbsp;&nbsp;&nbsp;19002 |
| DC Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-HLTN, Class A,<br> 5.933%, 04/13/2040 (C)(F) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;90984 |
| &nbsp;&nbsp;&nbsp;Series 2024-HLTN, Class C,<br> 7.286%, 04/13/2040 (C)(F) | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;44994 |
| Deephaven Residential Mortgage Trust<br> Series 2021-2, Class A1<br> 0.899%, 04/25/2066 (C)(F) | &nbsp;&nbsp;65531 | &nbsp;&nbsp;&nbsp;58223 |
| Durst Commercial Mortgage Trust<br> Series 2025-151, Class A<br> 5.317%, 08/10/2042 (C)(F) | 100000 | 101852 |
| Ellington Financial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.931%, 06/25/2066 (C)(F) | &nbsp;&nbsp;73043 | &nbsp;&nbsp;&nbsp;61429 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1,<br> 2.206%, 01/25/2067 (C)(F) | 220804 | 195175 |
| GCAT Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.036%, 05/25/2066 (C)(F) | 143623 | 123726 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.091%, 05/25/2066 (C)(F) | 182985 | 158937 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM7, Class A1,<br> 1.915%, 08/25/2066 (C)(F) | 122619 | 114219 |
| &nbsp;&nbsp;&nbsp;Series 2022-HX1, Class A1,<br> 2.885%, 12/27/2066 (C)(F) | 334230 | 314966 |
| GS Mortgage Securities Trust<br> Series 2024-70P, Class B<br> 5.887%, 03/10/2041 (C)(F) | 295000 | 295932 |
| HTL Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-T53, Class B,<br> 6.774%, 05/10/2039 (C)(F) | 130000 | 132243 |
| &nbsp;&nbsp;&nbsp;Series 2024-T53, Class C,<br> 7.324%, 05/10/2039 (C)(F) | 100000 | 101933 |
| Imperial Fund Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.073%, 09/25/2056 (C)(F) | 141577 | 121977 |
| &nbsp;&nbsp;&nbsp;Series 2022-NQM2, Class A1 (3.638% to 3-25-26, then 4.638% thereafter),<br> 3.638%, 03/25/2067 (C) | 470478 | 448926 |
| JPMorgan Chase Commercial Mortgage<br> Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-JP3, Class A5,<br> 2.870%, 08/15/2049 | 115000 | 113165 |
| &nbsp;&nbsp;&nbsp;Series 2020-NNN, Class AFX,<br> 2.812%, 01/16/2037 (C) | 160000 | 143200 |
| Legacy Mortgage Asset Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-GS2, Class A1,<br> 5.750%, 04/25/2061 (C) | 107282 | 107198 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Legacy Mortgage Asset Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-GS3, Class A1,<br> 5.750%, 07/25/2061 (C) | $145845 | $145833 |
| &nbsp;&nbsp;&nbsp;Series 2021-GS4, Class A1,<br> 5.650%, 11/25/2060 (C) | &nbsp;&nbsp;71063 | &nbsp;&nbsp;&nbsp;71103 |
| MAD Commercial Mortgage Trust<br> Series 2025-11MD, Class B<br> 5.095%, 10/15/2042 (C)(F) | 280000 | 279841 |
| MFA Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-NQM3, Class A1,<br> 1.014%, 01/26/2065 (C)(F) | &nbsp;&nbsp;12516 | &nbsp;&nbsp;&nbsp;11894 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 1.153%, 04/25/2065 (C)(F) | &nbsp;&nbsp;61808 | &nbsp;&nbsp;&nbsp;58221 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.029%, 11/25/2064 (C)(F) | 100025 | &nbsp;&nbsp;&nbsp;88489 |
| Morgan Stanley Bank of America Merrill Lynch Trust<br> Series 2015-C26, Class A5<br> 3.531%, 10/15/2048 | &nbsp;&nbsp;30003 | &nbsp;&nbsp;&nbsp;29946 |
| Morgan Stanley Capital I Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-150E, Class A,<br> 3.912%, 09/09/2032 (C) | 610000 | 553396 |
| &nbsp;&nbsp;&nbsp;Series 2017-H1, Class XA IO,<br> 1.447%, 06/15/2050 | 604883 | &nbsp;&nbsp;&nbsp;&nbsp;9004 |
| &nbsp;&nbsp;&nbsp;Series 2021-230P, Class B (1 month CME Term SOFR + 1.563%),<br> 5.714%, 12/15/2038 (C)(E) | 150000 | 138750 |
| Morgan Stanley Residential Mortgage Loan Trust<br> Series 2025-SPL1, Class A1 (4.250% to 9-1-29, then 5.250% thereafter)<br> 4.250%, 02/25/2065 (C) | 405000 | 395372 |
| Natixis Commercial Mortgage Securities Trust<br> Series 2018-SOX, Class C<br> 4.932%, 06/17/2038 (C)(F) | 100000 | &nbsp;&nbsp;&nbsp;97242 |
| New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-2A, Class A1,<br> 3.750%, 11/26/2035 (C)(F) | 105171 | 102144 |
| &nbsp;&nbsp;&nbsp;Series 2016-4A, Class A1,<br> 3.750%, 11/25/2056 (C)(F) | 119394 | 114773 |
| &nbsp;&nbsp;&nbsp;Series 2017-4A, Class A1,<br> 4.000%, 05/25/2057 (C)(F) | 110990 | 106945 |
| &nbsp;&nbsp;&nbsp;Series 2017-5A, Class A1 (1 month CME Term SOFR + 1.614%),<br> 5.772%, 06/25/2057 (C)(E) | &nbsp;&nbsp;90090 | &nbsp;&nbsp;&nbsp;91202 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class A1A,<br> 4.000%, 12/25/2057 (C)(F) | &nbsp;&nbsp;79235 | &nbsp;&nbsp;&nbsp;77477 |
| &nbsp;&nbsp;&nbsp;Series 2018-4A, Class A1S (1 month CME Term SOFR + 0.864%),<br> 5.022%, 01/25/2048 (C)(E) | 113500 | 111494 |
| &nbsp;&nbsp;&nbsp;Series 2019-5A, Class A1B,<br> 3.500%, 08/25/2059 (C)(F) | 108973 | 103791 |
| &nbsp;&nbsp;&nbsp;Series 2019-NQM4, Class A1,<br> 2.492%, 09/25/2059 (C)(F) | &nbsp;&nbsp;26248 | &nbsp;&nbsp;&nbsp;25221 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQ2R, Class A1,<br> 0.941%, 10/25/2058 (C)(F) | &nbsp;&nbsp;44293 | &nbsp;&nbsp;&nbsp;42363 |
| NMLT Trust<br> Series 2021-INV1, Class A1<br> 1.185%, 05/25/2056 (C)(F) | 287026 | 253240 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| NRTH Commercial Mortgage Trust<br> Series 2025-PARK, Class B (1 month CME Term SOFR + 1.643%)<br> 5.793%, 10/15/2040 (C)(E) | $&nbsp;&nbsp;35000 | $&nbsp;&nbsp;&nbsp;34913 |
| NYC Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-300P, Class A,<br> 4.879%, 07/13/2042 (C)(F) | 330000 | 331595 |
| &nbsp;&nbsp;&nbsp;Series 2025-300P, Class B,<br> 5.176%, 07/13/2042 (C)(F) | 250000 | 251205 |
| &nbsp;&nbsp;&nbsp;Series 2025-3BP, Class B (1 month CME Term SOFR + 1.692%),<br> 5.842%, 02/15/2042 (C)(E) | 385000 | 384673 |
| OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 1.072%, 02/25/2066 (C)(F) | 199656 | 174336 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.054%, 07/25/2061 (C)(F) | 455176 | 374892 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM4, Class A1,<br> 1.957%, 10/25/2061 (C)(F) | 109047 | &nbsp;&nbsp;&nbsp;93501 |
| &nbsp;&nbsp;&nbsp;Series 2022-NQM1, Class A1,<br> 2.305%, 11/25/2061 (C)(F) | 522226 | 473163 |
| Pretium Mortgage Credit Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-NPL5, Class A1 (5.963% to 9-25-27, then 8.963% to 9-25-28, then 9.963% thereafter),<br> 5.963%, 09/25/2054 (C) | 451471 | 451753 |
| &nbsp;&nbsp;&nbsp;Series 2024-NPL7, Class A1 (5.925% to 10-25-27, then 8.925% to 10-25-28, then 9.925% thereafter),<br> 5.925%, 10/25/2054 (C) | &nbsp;&nbsp;90722 | &nbsp;&nbsp;&nbsp;90817 |
| &nbsp;&nbsp;&nbsp;Series 2025-NPL6, Class A1 (5.744% to 6-25-28, then 8.744% to 6-25-29, then 11.744% thereafter),<br> 5.744%, 06/25/2055 (C) | 489991 | 492412 |
| &nbsp;&nbsp;&nbsp;Series 2025-NPL7, Class A1 (5.657% to 7-25-28, then 8.657% to 7-25-29, then 11.657% thereafter),<br> 5.657%, 07/25/2055 (C) | 322774 | 323733 |
| &nbsp;&nbsp;&nbsp;Series 2025-NPL8, Class A1 (5.732% to 7-25-28, then 8.732% to 7-25-29, then 9.732% thereafter),<br> 5.732%, 08/25/2055 (C) | 295418 | 296156 |
| &nbsp;&nbsp;&nbsp;Series 2025-NPL9, Class A1 (5.391% to 8-25-28, then 8.391% to 8-25-29, then 9.391% thereafter),<br> 5.391%, 08/25/2055 (C) | 405092 | 405399 |
| PRPM LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-6, Class A1 (5.699% to 11-25-27, then 8.699% to 11-25-28, then 9.699% thereafter),<br> 5.699%, 11/25/2029 (C) | &nbsp;&nbsp;90077 | &nbsp;&nbsp;&nbsp;90126 |
| &nbsp;&nbsp;&nbsp;Series 2024-7, Class A1 (5.870% to 11-25-27, then 8.870% to 11-25-28, then 9.870% thereafter),<br> 5.870%, 11/25/2029 (C) | 200575 | 200639 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class A1 (6.255% to 5-1-28, then 9.255% to 5-1-29, then 10.255% thereafter),<br> 6.255%, 05/25/2030 (C) | &nbsp;&nbsp;93167 | &nbsp;&nbsp;&nbsp;93378 |
| &nbsp;&nbsp;&nbsp;Series 2025-6, Class A1 (5.774% to 8-1-28, then 8.774% to 8-1-29, then 9.774% thereafter),<br> 5.774%, 08/25/2028 (C) | 271453 | 271735 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| PRPM LLC (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-7, Class A1 (5.503% to 8-1-28, then 8.503% to 8-1-29, then 9.503% thereafter),<br> 5.503%, 08/25/2030 (C) | $193313 | $&nbsp;&nbsp;&nbsp;&nbsp;193593 |
| RFR Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-SGRM, Class A,<br> 5.562%, 03/11/2041 (C)(F) | 103094 | &nbsp;&nbsp;&nbsp;&nbsp;105412 |
| &nbsp;&nbsp;&nbsp;Series 2025-SGRM, Class B,<br> 5.863%, 03/11/2041 (C)(F) | 335000 | &nbsp;&nbsp;&nbsp;&nbsp;342790 |
| SG Commercial Mortgage Securities Trust<br> Series 2020-COVE, Class A<br> 2.632%, 03/15/2037 (C) | 570000 | &nbsp;&nbsp;&nbsp;&nbsp;532228 |
| SG Residential Mortgage Trust<br> Series 2021-1, Class A1<br> 1.160%, 07/25/2061 (C)(F) | 291806 | &nbsp;&nbsp;&nbsp;&nbsp;243405 |
| Starwood Mortgage Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 1.219%, 05/25/2065 (C)(F) | 114620 | &nbsp;&nbsp;&nbsp;&nbsp;107656 |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.943%, 05/25/2065 (C)(F) | &nbsp;&nbsp;35987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33950 |
| &nbsp;&nbsp;&nbsp;Series 2021-6, Class A1,<br> 1.920%, 11/25/2066 (C)(F) | 286115 | &nbsp;&nbsp;&nbsp;&nbsp;252589 |
| Towd Point Mortgage Trust<br> Series 2021-R1, Class A1<br> 2.918%, 11/30/2060 (C)(F) | 542012 | &nbsp;&nbsp;&nbsp;&nbsp;486701 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 1.031%, 02/25/2066 (C)(F) | &nbsp;&nbsp;72809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65084 |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 1.013%, 09/25/2066 (C)(F) | &nbsp;&nbsp;98908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86131 |
| &nbsp;&nbsp;&nbsp;Series 2021-8, Class A1,<br> 1.824%, 11/25/2066 (C)(F) | 188946 | &nbsp;&nbsp;&nbsp;&nbsp;174882 |
| &nbsp;&nbsp;&nbsp;Series 2021-R2, Class A1,<br> 0.918%, 02/25/2064 (C)(F) | &nbsp;&nbsp;76306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71196 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1 (2.724% to 1-25-26, then 3.724% thereafter),<br> 2.724%, 01/25/2067 (C) | 290560 | &nbsp;&nbsp;&nbsp;&nbsp;272145 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class A1 (4.130% to 3-1-26, then 5.130% thereafter),<br> 4.130%, 02/25/2067 (C) | &nbsp;&nbsp;67799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65266 |
| WBRK Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-WBRK, Class A,<br> 5.867%, 03/05/2035 (C)(F) | 145000 | &nbsp;&nbsp;&nbsp;&nbsp;150518 |
| &nbsp;&nbsp;&nbsp;Series 2025-WBRK, Class B,<br> 6.278%, 03/05/2035 (C)(F) | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;272292 |
| Wells Fargo Commercial Mortgage Trust<br> Series 2015-NXS1, Class D<br> 3.988%, 05/15/2048 (F) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37240 |
|  |  | 20666498 |
| **U.S. Government Agency – 3.4%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-3, Class MV,<br> 3.500%, 10/25/2058 | 102532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97317 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA6, Class B1 (30 day Average SOFR + 3.400%),<br> 7.756%, 10/25/2041 (C)(E) | 505000 | &nbsp;&nbsp;&nbsp;&nbsp;516358 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA7, Class B1 (30 day Average SOFR + 3.650%),<br> 8.006%, 11/25/2041 (C)(E) | 194000 | &nbsp;&nbsp;&nbsp;&nbsp;199140 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA3, Class M1B (30 day Average SOFR + 2.900%),<br> 7.256%, 04/25/2042 (C)(E) | $&nbsp;&nbsp;168000 | $172830 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1B (30 day Average SOFR + 3.350%),<br> 7.706%, 05/25/2042 (C)(E) | &nbsp;&nbsp;235000 | 243885 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA5, Class M1B (30 day Average SOFR + 4.500%),<br> 8.856%, 06/25/2042 (C)(E) | &nbsp;&nbsp;285000 | 301457 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA6, Class M1B (30 day Average SOFR + 3.700%),<br> 8.056%, 09/25/2042 (C)(E) | &nbsp;&nbsp;200000 | 210188 |
| &nbsp;&nbsp;&nbsp;Series 2022-HQA2, Class M1B (30 day Average SOFR + 4.000%),<br> 8.356%, 07/25/2042 (C)(E) | &nbsp;&nbsp;180000 | 189495 |
| &nbsp;&nbsp;&nbsp;Series 2022-HQA3, Class M1B (30 day Average SOFR + 3.550%),<br> 7.906%, 08/25/2042 (C)(E) | &nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;73278 |
| &nbsp;&nbsp;&nbsp;Series 2023-HQA1, Class M1B (30 day Average SOFR + 3.500%),<br> 7.856%, 05/25/2043 (C)(E) | &nbsp;&nbsp;445000 | 469203 |
| &nbsp;&nbsp;&nbsp;Series 2023-HQA2, Class M1B (30 day Average SOFR + 3.350%),<br> 7.706%, 06/25/2043 (C)(E) | &nbsp;&nbsp;460000 | 477317 |
| &nbsp;&nbsp;&nbsp;Series 3883, Class PB,<br> 3.000%, 05/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;37348 | &nbsp;&nbsp;&nbsp;35849 |
| &nbsp;&nbsp;&nbsp;Series 5055, Class DG,<br> 1.500%, 12/25/2050 | &nbsp;&nbsp;340802 | 279308 |
| &nbsp;&nbsp;&nbsp;Series 5170, Class DP,<br> 2.000%, 07/25/2050 | &nbsp;&nbsp;322755 | 283468 |
| &nbsp;&nbsp;&nbsp;Series K064, Class X1 IO,<br> 0.723%, 03/25/2027 | 2017765 | &nbsp;&nbsp;&nbsp;13829 |
| &nbsp;&nbsp;&nbsp;Series K068, Class A2,<br> 3.244%, 08/25/2027 | &nbsp;&nbsp;545000 | 538611 |
| &nbsp;&nbsp;&nbsp;Series K104, Class X1 IO,<br> 1.229%, 01/25/2030 | 1256713 | &nbsp;&nbsp;&nbsp;50253 |
| &nbsp;&nbsp;&nbsp;Series K111, Class X1 IO,<br> 1.674%, 05/25/2030 | &nbsp;&nbsp;541652 | &nbsp;&nbsp;&nbsp;32867 |
| &nbsp;&nbsp;&nbsp;Series K114, Class X1 IO,<br> 1.206%, 06/25/2030 | 1583869 | &nbsp;&nbsp;&nbsp;70101 |
| &nbsp;&nbsp;&nbsp;Series K121, Class X1 IO,<br> 1.111%, 10/25/2030 | &nbsp;&nbsp;831258 | &nbsp;&nbsp;&nbsp;34056 |
| &nbsp;&nbsp;&nbsp;Series K122, Class X1 IO,<br> 0.961%, 11/25/2030 | &nbsp;&nbsp;469813 | &nbsp;&nbsp;&nbsp;17285 |
| &nbsp;&nbsp;&nbsp;Series K124, Class X1 IO,<br> 0.806%, 12/25/2030 | 1894584 | &nbsp;&nbsp;&nbsp;59148 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-18, Class GA,<br> 2.000%, 12/25/2041 | &nbsp;&nbsp;&nbsp;&nbsp;38825 | &nbsp;&nbsp;&nbsp;36562 |
| &nbsp;&nbsp;&nbsp;Series 2012-21, Class PQ,<br> 2.000%, 09/25/2041 | &nbsp;&nbsp;&nbsp;&nbsp;20800 | &nbsp;&nbsp;&nbsp;19740 |
| &nbsp;&nbsp;&nbsp;Series 2012-52, Class PA,<br> 3.500%, 05/25/2042 | &nbsp;&nbsp;&nbsp;&nbsp;34370 | &nbsp;&nbsp;&nbsp;33226 |
| &nbsp;&nbsp;&nbsp;Series 2015-48, Class QB,<br> 3.000%, 02/25/2043 | &nbsp;&nbsp;&nbsp;&nbsp;29869 | &nbsp;&nbsp;&nbsp;29353 |
| &nbsp;&nbsp;&nbsp;Series 2016-11, Class GA,<br> 2.500%, 03/25/2046 | &nbsp;&nbsp;&nbsp;&nbsp;58313 | &nbsp;&nbsp;&nbsp;54644 |
| &nbsp;&nbsp;&nbsp;Series 2016-38, Class NA,<br> 3.000%, 01/25/2046 | &nbsp;&nbsp;&nbsp;&nbsp;31316 | &nbsp;&nbsp;&nbsp;29427 |
| &nbsp;&nbsp;&nbsp;Series 2017-16, Class PB,<br> 3.000%, 03/25/2047 | &nbsp;&nbsp;270000 | 242135 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-26, Class CG,<br> 3.500%, 07/25/2044 | &nbsp;&nbsp;20470 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20331 |
| &nbsp;&nbsp;&nbsp;Series 2017-34, Class JK,<br> 3.000%, 05/25/2047 | &nbsp;&nbsp;16901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16575 |
| &nbsp;&nbsp;&nbsp;Series 2017-35, Class AH,<br> 3.500%, 04/25/2053 | &nbsp;&nbsp;24157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24013 |
| &nbsp;&nbsp;&nbsp;Series 2017-49, Class JA,<br> 4.000%, 07/25/2053 | &nbsp;&nbsp;30594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30494 |
| &nbsp;&nbsp;&nbsp;Series 2017-84, Class KA,<br> 3.500%, 04/25/2053 | &nbsp;&nbsp;36190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35887 |
| &nbsp;&nbsp;&nbsp;Series 2018-23, Class LA,<br> 3.500%, 04/25/2048 | &nbsp;&nbsp;93117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89321 |
| &nbsp;&nbsp;&nbsp;Series 2018-70, Class HA,<br> 3.500%, 10/25/2056 | &nbsp;&nbsp;56489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55382 |
| &nbsp;&nbsp;&nbsp;Series 2019-12, Class HA,<br> 3.500%, 11/25/2057 | 109843 | &nbsp;&nbsp;&nbsp;&nbsp;106118 |
| &nbsp;&nbsp;&nbsp;Series 2019-14, Class CA,<br> 3.500%, 04/25/2049 | 101465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98339 |
| &nbsp;&nbsp;&nbsp;Series 2019-45, Class PT,<br> 3.000%, 08/25/2049 | &nbsp;&nbsp;97406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89082 |
| &nbsp;&nbsp;&nbsp;Series 2021-R01, Class 1B1 (30 day Average SOFR + 3.100%),<br> 7.456%, 10/25/2041 (C)(E) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81509 |
| &nbsp;&nbsp;&nbsp;Series 2022-90, Class AY,<br> 4.500%, 12/25/2041 | 640000 | &nbsp;&nbsp;&nbsp;&nbsp;634116 |
| &nbsp;&nbsp;&nbsp;Series 2022-R01, Class 1B1 (30 day Average SOFR + 3.150%),<br> 7.506%, 12/25/2041 (C)(E) | 188000 | &nbsp;&nbsp;&nbsp;&nbsp;192523 |
| &nbsp;&nbsp;&nbsp;Series 2022-R02, Class 2B1 (30 day Average SOFR + 4.500%),<br> 8.856%, 01/25/2042 (C)(E) | 395000 | &nbsp;&nbsp;&nbsp;&nbsp;409568 |
| &nbsp;&nbsp;&nbsp;Series 2022-R02, Class 2M2 (30 day Average SOFR + 3.000%),<br> 7.356%, 01/25/2042 (C)(E) | 195000 | &nbsp;&nbsp;&nbsp;&nbsp;198960 |
| &nbsp;&nbsp;&nbsp;Series 2023-R03, Class 2B1 (30 day Average SOFR + 6.350%),<br> 10.706%, 04/25/2043 (C)(E) | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;189294 |
| &nbsp;&nbsp;&nbsp;Series 2024-R02, Class 1M2 (30 day Average SOFR + 1.800%),<br> 6.156%, 02/25/2044 (C)(E) | &nbsp;&nbsp;88000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88724 |
| &nbsp;&nbsp;&nbsp;Series 415, Class A3,<br> 3.000%, 11/25/2042 | &nbsp;&nbsp;78139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72426 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2006-38, Class XS IO,<br> 2.989%, 09/16/2035 | &nbsp;&nbsp;&nbsp;4792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 |
| &nbsp;&nbsp;&nbsp;Series 2013-37, Class LG,<br> 2.000%, 01/20/2042 | &nbsp;&nbsp;25130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24587 |
|  |  | &nbsp;&nbsp;&nbsp;7267609 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $29,244,251) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $29,244,251) | $27934107 |
| **ASSET-BACKED SECURITIES – 7.1%** | **ASSET-BACKED SECURITIES – 7.1%** |  |
| AASET Trust<br> Series 2020-1A, Class A<br> 3.351%, 01/16/2040 (C) | &nbsp;&nbsp;46558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45810 |
| Affirm Asset Securitization Trust<br> Series 2024-X2, Class B<br> 5.330%, 12/17/2029 (C) | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;120258 |
| Affirm Master Trust<br> Series 2025-2A, Class A<br> 4.670%, 07/15/2033 (C) | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;261498 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Aligned Data Centers Issuer LLC<br> Series 2023-1A, Class A2<br> 6.000%, 08/17/2048 (C) | $265000 | $267756 |
| Avis Budget Rental Car Funding AESOP LLC<br> Series 2024-3A, Class B<br> 5.580%, 12/20/2030 (C) | 100000 | 103089 |
| Battalion CLO XXV, Ltd.<br> Series 2024-25A, Class B (3 month CME Term SOFR + 2.200%)<br> 6.525%, 03/13/2037 (C)(E) | 395000 | 396279 |
| Benefit Street Partners Clo Xxxi Ltd.<br> Series 2023-31A, Class BR (3 month CME Term SOFR + 1.750%)<br> 6.068%, 04/25/2038 (C)(E) | 270000 | 271544 |
| Blue Owl Asset Leasing Trust<br> Series 2024-1A, Class B<br> 5.410%, 03/15/2030 (C) | 100000 | 101238 |
| CF Hippolyta Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class A1<br> 1.690%, 07/15/2060 (C) | 103646 | &nbsp;&nbsp;&nbsp;89026 |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class A2<br> 1.990%, 07/15/2060 (C) | 125341 | 105492 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A1<br> 5.970%, 08/15/2062 (C) | 100179 | &nbsp;&nbsp;&nbsp;96831 |
| Commercial Equipment Finance LLC<br> Series 2024-1A, Class A<br> 5.970%, 07/16/2029 (C) | 103629 | 104780 |
| Domino's Pizza Master Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2<br> 3.668%, 10/25/2049 (C) | 168000 | 161599 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.662%, 04/25/2051 (C) | 598087 | 565406 |
| Elmwood CLO 23, Ltd.<br> Series 2023-2A, Class BR (3 month CME Term SOFR + 1.750%)<br> 6.068%, 04/16/2036 (C)(E) | 250000 | 250508 |
| Exeter Automobile Receivables Trust<br> Series 2025-4A, Class B<br> 4.400%, 05/15/2030 | 110000 | 110416 |
| FirstKey Homes Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR1, Class A<br> 4.145%, 05/19/2039 (C) | 135727 | 135189 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR2, Class A<br> 4.250%, 07/17/2039 (C) | 554972 | 553661 |
| Generate CLO 12, Ltd.<br> Series 2023-12A, Class AR (3 month CME Term SOFR + 1.330%)<br> 5.613%, 07/20/2038 (C)(E) | 420000 | 421286 |
| GLS Auto Receivables Issuer Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-4A, Class B<br> 4.890%, 04/16/2029 (C) | 175000 | 176325 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class B<br> 4.980%, 07/16/2029 (C) | 285000 | 288076 |
| GLS Auto Select Receivables Trust<br> Series 2025-3A, Class B<br> 4.810%, 09/15/2031 (C) | 433000 | 435200 |
| GreenSky Home Improvement Issuer Trust<br> Series 2025-2A, Class B<br> 5.070%, 06/25/2060 (C) | 100000 | 100895 |
| Hertz Vehicle Financing III LLC<br> Series 2025-2A, Class A<br> 5.130%, 09/25/2031 (C) | 145000 | 146972 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| MF1, Ltd.<br> Series 2022-FL8, Class AS (1 month CME Term SOFR + 1.750%)<br> 5.884%, 02/19/2037 (C)(E) | $335000 | $334166 |
| Navient Private Education Refi<br> Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-EA, Class A<br> 0.970%, 12/16/2069 (C) | 108524 | &nbsp;&nbsp;&nbsp;97820 |
| &nbsp;&nbsp;&nbsp;Series 2021-FA, Class A<br> 1.110%, 02/18/2070 (C) | 159397 | 142153 |
| &nbsp;&nbsp;&nbsp;Series 2023-A, Class A<br> 5.510%, 10/15/2071 (C) | 202881 | 207825 |
| NMEF Funding LLC<br> Series 2025-B, Class B<br> 4.730%, 01/18/2033 (C) | 165000 | 165428 |
| NRZ Excess Spread-Collateralized Notes<br> Series 2020-PLS1, Class A<br> 3.844%, 12/25/2025 (C) | &nbsp;&nbsp;21502 | &nbsp;&nbsp;&nbsp;21425 |
| Post Road Equipment Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 4.900%, 05/15/2031 (C) | 100000 | 100783 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class B<br> 5.040%, 05/15/2031 (C) | 100000 | 101373 |
| Progress Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR8, Class A<br> 1.510%, 10/17/2038 (C) | 386828 | 378657 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR3, Class A<br> 3.200%, 04/17/2039 (C) | 128670 | 126315 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR5, Class A<br> 4.451%, 06/17/2039 (C) | &nbsp;&nbsp;99047 | &nbsp;&nbsp;&nbsp;99053 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR6, Class A<br> 4.451%, 07/20/2039 (C) | 620709 | 621342 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR7, Class A<br> 4.750%, 10/27/2039 (C) | 161716 | 162489 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A<br> 3.400%, 02/17/2042 (C) | 299630 | 286228 |
| Rad CLO 12, Ltd.<br> Series 2021-12A, Class A1AR (3 month CME Term SOFR + 1.320%)<br> 5.630%, 07/30/2040 (C)(E) | 395000 | 395932 |
| Retained Vantage Data Centers Issuer LLC<br> Series 2023-1A, Class A2A<br> 5.000%, 09/15/2048 (C) | 395000 | 395385 |
| RR 23, Ltd.<br> Series 2022-23A, Class A2R2 (3 month CME Term SOFR + 1.650%)<br> 5.968%, 07/15/2037 (C)(E) | 520000 | 522231 |
| Sabey Data Center Issuer LLC<br> Series 2024-1, Class A2<br> 6.000%, 04/20/2049 (C) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;66098 |
| Santander Drive Auto Receivables Trust<br> Series 2023-1, Class B<br> 4.980%, 02/15/2028 | &nbsp;&nbsp;&nbsp;7303 | &nbsp;&nbsp;&nbsp;&nbsp;7304 |
| SCF Equipment Trust LLC<br> Series 2025-1A, Class A3<br> 5.110%, 11/21/2033 (C) | 170000 | 173989 |
| Securitized Term Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-A, Class B<br> 5.038%, 07/25/2031 (C) | &nbsp;&nbsp;56701 | &nbsp;&nbsp;&nbsp;57231 |
| &nbsp;&nbsp;&nbsp;Series 2025-B, Class B<br> 4.925%, 12/29/2032 (C) | 184654 | 186221 |
| SFS Auto Receivables Securitization Trust<br> Series 2023-1A, Class B<br> 5.710%, 01/22/2030 (C) | 115000 | 117952 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Sound Point CLO XXIX, Ltd.<br> Series 2021-1A, Class A (3 month CME Term SOFR + 1.332%)<br> 5.650%, 04/25/2034 (C)(E) | 655000 | $&nbsp;&nbsp;&nbsp;&nbsp;655435 |
| Stack Infrastructure Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class A2<br> 5.900%, 07/25/2048 (C) | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;226863 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.900%, 03/25/2049 (C) | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;121971 |
| Summit Issuer LLC<br> Series 2020-1A, Class A2<br> 2.290%, 12/20/2050 (C) | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;154128 |
| Taco Bell Funding LLC<br> Series 2021-1A, Class A2II<br> 2.294%, 08/25/2051 (C) | 878355 | &nbsp;&nbsp;&nbsp;&nbsp;811803 |
| Texas Debt Capital CLO, Ltd.<br> Series 2023-1A, Class BR (3 month CME Term SOFR + 1.650%)<br> 5.965%, 07/20/2038 (C)(E) | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;301190 |
| VB Issuer LLC<br> Series 2024-1A, Class C2<br> 5.590%, 05/15/2054 (C) | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;256505 |
| Venture 42 CLO, Ltd.<br> Series 2021-42A, Class A1A (3 month CME Term SOFR + 1.392%)<br> 5.709%, 04/15/2034 (C)(E) | 655000 | &nbsp;&nbsp;&nbsp;&nbsp;655417 |
| VFI ABS LLC<br> Series 2025-1A, Class A<br> 4.780%, 06/24/2030 (C) | &nbsp;&nbsp;96211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96607 |
| VOLT CII LLC<br> Series 2021-NP11, Class A1<br> 5.868%, 08/25/2051 (C) | 216181 | &nbsp;&nbsp;&nbsp;&nbsp;216119 |
| VOLT CIII LLC<br> Series 2021-CF1, Class A1<br> 5.992%, 08/25/2051 (C) | 131360 | &nbsp;&nbsp;&nbsp;&nbsp;131440 |
| Wendy's Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class A2II<br> 3.884%, 03/15/2048 (C) | 216730 | &nbsp;&nbsp;&nbsp;&nbsp;213541 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2II<br> 2.775%, 06/15/2051 (C) | 631945 | &nbsp;&nbsp;&nbsp;&nbsp;566345 |
| Wingstop Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2<br> 2.841%, 12/05/2050 (C) | 197000 | &nbsp;&nbsp;&nbsp;&nbsp;190184 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.858%, 12/05/2054 (C) | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;113834 |
| Zayo Issuer LLC<br> Series 2025-1A, Class A2<br> 5.648%, 03/20/2055 (C) | 290000 | &nbsp;&nbsp;&nbsp;&nbsp;295347 |
| TOTAL ASSET-BACKED SECURITIES (Cost $14,839,940) |  | $15083263 |
| **SHORT-TERM INVESTMENTS – 0.4%** | **SHORT-TERM INVESTMENTS – 0.4%** |  |
| **Short-term funds – 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (G)(H) | &nbsp;&nbsp;&nbsp;8667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86696 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** |  |
| **Repurchase agreement – 0.4%** |  |  |
| Deutsche Bank Tri-Party Repurchase Agreement dated 9-30-25 at 4.210% to be repurchased at $800,094 on 10-1-25, collateralized by $815,937 Government National Mortgage Association, 5.000% due 2-20-55 (valued at $816,001) | 800000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $886,694) | TOTAL SHORT-TERM INVESTMENTS (Cost $886,694) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886696 |
| **Total Investments (Investment Quality Bond Trust)<br> (Cost $258,837,741) – 116.6%** | **Total Investments (Investment Quality Bond Trust)<br> (Cost $258,837,741) – 116.6%** | $**247358036** |
| **Other assets and liabilities, net – (16.6%)** |  | **(35278786)** |
| **TOTAL NET ASSETS – 100.0%** |  | $**212079250** |

---

<u>Currency Abbreviations</u> <br> EUR Euro

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| EURIBOR | Euro Interbank Offered Rate |
| GO | General Obligation |
| ICE | Intercontinental Exchange |

---

---

| | |
|:---|:---|
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| SOFR | Secured Overnight Financing Rate |
| TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
| (A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
| (B) | Security purchased or sold on a when-issued or delayed-delivery basis. |
| (C) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $55,326,973 or 26.1% of the fund's net assets as of 9-30-25. |
| (D) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $84,861. |
| (E) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (G) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| 10-Year Australian Treasury Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$5483829 | &nbsp;&nbsp;&nbsp;&nbsp;$5475349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(8480) |
| 10-Year Canada Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5764719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5895541 | &nbsp;&nbsp;&nbsp;&nbsp;130822 |
| U.K. Long Gilt Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2196008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3064 |
| Ultra U.S. Treasury Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18553 |
| 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8761842) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8775000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13158) |
| 2-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7718648) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7710742) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7906 |
| 5-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5900895) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5896547) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4348 |
| Euro SCHATZ Futures | &nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6159237) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6154397) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4840 |
| Euro-BTP Italian Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1392260) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1406982) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14722) |
| Euro-Buxl Futures | &nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1578535) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1612864) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34329) |
| Euro-OAT Futures | &nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2677911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2706950) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29039) |
| German Euro BUND Futures | &nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5288929) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5283169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5760 |
| U.S. Treasury Long Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1051487) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1049344) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143 |
| Ultra 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1821227) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1841250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20023) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$57685** |

---

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

#### FORWARD FOREIGN CURRENCY CONTRACTS

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| USD | &nbsp;&nbsp;2762119 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;2345000 &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;$(3102) |
|  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$(3102)** |

---

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** |
| **Counterparty (OTC)/<br> Centrally cleared** | **Notional<br> amount** | **Currency** | **Payments<br> made** | **Payments<br> received** | **Fixed<br> payment<br> frequency** | **Floating<br> payment<br> frequency** | **Maturity<br> date** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Centrally cleared | 1187000 | USD | Fixed 1.560% | USD Compounded SOFR | Annual | Annual | Dec 2041 | $(5385) | $369620 | $364235 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Investment Quality Bond Trust (continued)<br>

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** | **Interest rate swaps (continued)** |
| **Counterparty (OTC)/<br> Centrally cleared** | **Notional<br> amount** | **Currency** | **Payments<br> made** | **Payments<br> received** | **Fixed<br> payment<br> frequency** | **Floating<br> payment<br> frequency** | **Maturity<br> date** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Centrally cleared | 3940000 | USD | Fixed 4.160% | USD Compounded SOFR | Annual | Annual | Mar 2045 | &nbsp;&nbsp;$(7668) | &nbsp;&nbsp;&nbsp;$(97266) | &nbsp;&nbsp;$(104934) |
| Centrally cleared | 1320000 | USD | Fixed 1.560% | USD Compounded SOFR | Annual | Annual | Dec 2051 | &nbsp;&nbsp;&nbsp;(7218) | &nbsp;&nbsp;&nbsp;&nbsp;556339 | &nbsp;&nbsp;&nbsp;&nbsp;549121 |
| Centrally cleared | &nbsp;&nbsp;&nbsp;380000 | USD | Fixed 2.880% | USD Compounded SOFR | Annual | Annual | Mar 2053 | &nbsp;&nbsp;&nbsp;&nbsp;4099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71594 |
| Centrally cleared | 1105000 | USD | Fixed 2.970% | USD Compounded SOFR | Annual | Annual | Mar 2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp;190287 | &nbsp;&nbsp;&nbsp;&nbsp;190902 |
| Centrally cleared | &nbsp;&nbsp;&nbsp;370000 | USD | Fixed 3.250% | USD Compounded SOFR | Annual | Annual | Jun 2053 | &nbsp;&nbsp;&nbsp;(3750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44927 |
|  |  |  |  |  |  |  |  | **$(19307)** | **$1135152** | **$1115845** |

---

<u>Derivatives Currency Abbreviations</u> <br> EUR Euro <br> USD U.S. Dollar

---

| | |
|:---|:---|
| <u>Derivatives Abbreviations</u> | <u>Derivatives Abbreviations</u> |
| DB | Deutsche Bank AG |
| OTC | Over-the-counter |
| SOFR | Secured Overnight Financing Rate |

---

#### Lifestyle Balanced Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** | **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** |  |
| **Equity - 50.7%** | **Equity - 50.7%** |  |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24543092 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510005445 |
| **Fixed income - 49.3%** | **Fixed income - 49.3%** |  |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40499045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496518291 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $962,248,677) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $962,248,677) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006523736 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $22) | TOTAL SHORT-TERM INVESTMENTS (Cost $22) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 |
| **Total Investments (Lifestyle Balanced Portfolio) (Cost $962,248,699) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;**1006523758** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(38757)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1006485001** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHVIT | John Hancock Variable Insurance Trust |
| MIM US | Manulife Investment Management (US) LLC |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Lifestyle Conservative Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** | **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** |  |
| **Equity - 20.1%** | **Equity - 20.1%** |  |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452746 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30188068 |

---

#### Lifestyle Conservative Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) (continued)** | **AFFILIATED INVESTMENT COMPANIES (A) (continued)** |  |
| **Fixed income - 79.9%** | **Fixed income - 79.9%** |  |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9797479 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120117088 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $154,849,248) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $154,849,248) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150305156 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $99) | TOTAL SHORT-TERM INVESTMENTS (Cost $99) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 |
| **Total Investments (Lifestyle Conservative Portfolio) (Cost $154,849,347) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**150305255** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(41262)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**150263993** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHVIT | John Hancock Variable Insurance Trust |
| MIM US | Manulife Investment Management (US) LLC |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Lifestyle Growth Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** | **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** |  |
| **Equity - 71.5%** | **Equity - 71.5%** |  |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180091313 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3741785288 |
| **Fixed income - 28.5%** | **Fixed income - 28.5%** |  |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121902430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1494523794 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,803,110,001) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,803,110,001) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5236309082 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Lifestyle Growth Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $76) | TOTAL SHORT-TERM INVESTMENTS (Cost $76) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 |
| **Total Investments (Lifestyle Growth Portfolio) (Cost $4,803,110,077) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;**5236309158** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(30265)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5236278893** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHVIT | John Hancock Variable Insurance Trust |
| MIM US | Manulife Investment Management (US) LLC |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Lifestyle Moderate Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** | **AFFILIATED INVESTMENT COMPANIES (A) - 100.0%** |  |
| **Equity - 40.2%** | **Equity - 40.2%** |  |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5271065 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109532738 |
| **Fixed income - 59.8%** | **Fixed income - 59.8%** |  |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13308442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163161500 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $269,252,538) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $269,252,538) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272694238 |
| **SHORT-TERM INVESTMENTS - 0.0%** | **SHORT-TERM INVESTMENTS - 0.0%** |  |
| **Short-term funds - 0.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $65) | TOTAL SHORT-TERM INVESTMENTS (Cost $65) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 |
| **Total Investments (Lifestyle Moderate Portfolio) (Cost $269,252,603) - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**272694303** |
| **Other assets and liabilities, net - (0.0%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(40503)** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**272653800** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHVIT | John Hancock Variable Insurance Trust |
| MIM US | Manulife Investment Management (US) LLC |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### Managed Volatility Balanced Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 98.3%** | **AFFILIATED INVESTMENT COMPANIES (A) - 98.3%** |  |
| **Equity - 49.8%** | **Equity - 49.8%** |  |
| Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3337193 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131385296 |

---

#### Managed Volatility Balanced Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) (continued)** | **AFFILIATED INVESTMENT COMPANIES (A) (continued)** |  |
| **Equity (continued)** | **Equity (continued)** |  |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7180150 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185463280 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9702771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108865085 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3533858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274156698 |
| Mid Cap Growth, Series NAV, JHVIT (Wellington) (C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2958436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35708324 |
| Mid Value, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4568288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51164822 |
| Multifactor Developed International ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2202551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88057989 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50274186 |
| Multifactor Mid Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64469148 |
| Multifactor Small Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57009786 |
| Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3216514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56835804 |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41723892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867022474 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1970412892 |
| **Fixed income - 48.5%** | **Fixed income - 48.5%** |  |
| Bond, Class NAV, JHSB (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35753734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491256311 |
| Core Bond, Series NAV, JHVIT (Allspring Investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14642285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170875465 |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102259332 | &nbsp;&nbsp;&nbsp;&nbsp;1253699414 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1915831190 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $3,652,277,985) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $3,652,277,985) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3886244082 |
| **SHORT-TERM INVESTMENTS - 1.0%** | **SHORT-TERM INVESTMENTS - 1.0%** |  |
| **Short-term funds - 1.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (D)(E) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3904457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39057848 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $39,055,332) | TOTAL SHORT-TERM INVESTMENTS (Cost $39,055,332) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39057848 |
| **Total Investments (Managed Volatility Balanced Portfolio) (Cost $3,691,333,317) - 99.3%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;**3925301930** |
| **Other assets and liabilities, net - 0.7%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29462335** |
| **TOTAL NET ASSETS - 100.0%** |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3954764265** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHETF | John Hancock Exchange-Traded Fund Trust |
| JHF II | John Hancock Funds II |
| JHF III | John Hancock Funds III |
| JHIT | John Hancock Investment Trust |
| JHSB | John Hancock Sovereign Bond Fund |
| JHVIT | John Hancock Variable Insurance Trust |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | Non-income producing. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Managed Volatility Balanced Portfolio (continued)<br>

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Euro Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$16247242 | &nbsp;&nbsp;&nbsp;&nbsp;$16361400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$114158 |
| Euro STOXX 50 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16468464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16783970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315506 |
| FTSE 100 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5648434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5693464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45030 |
| Japanese Yen Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7984378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8006450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22072 |
| MSCI Emerging Markets Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20761946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21007365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245419 |
| Nikkei 225 Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7779841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8188457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408616 |
| Pound Sterling Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5374497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5380400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5903 |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7852767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7980375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127608 |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;118625170 | &nbsp;&nbsp;&nbsp;&nbsp;120286610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661440 |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17535766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17416860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118906) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$2826846** |

---

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

#### Managed Volatility Conservative Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 98.9%** | **AFFILIATED INVESTMENT COMPANIES (A) - 98.9%** |  |
| **Equity - 20.0%** | **Equity - 20.0%** |  |
| Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193017 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7599069 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12277149 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4310260 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14338395 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1983661 |
| Multifactor Mid Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6717345 |
| Multifactor Small Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2648896 |
| Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651301 |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2111709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43881303 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96407379 |
| **Fixed income - 78.9%** | **Fixed income - 78.9%** |  |
| Bond, Class NAV, JHSB (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7106293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97640461 |
| Core Bond, Series NAV, JHVIT (Allspring Investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33848488 |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20288437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248736239 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380225188 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $491,409,403) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $491,409,403) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476632567 |

---

#### Managed Volatility Conservative Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS - 0.7%** | **SHORT-TERM INVESTMENTS - 0.7%** |  |
| **Short-term funds - 0.7%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 340249 | $&nbsp;&nbsp;&nbsp;3403650 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $3,403,408) | TOTAL SHORT-TERM INVESTMENTS (Cost $3,403,408) | $&nbsp;&nbsp;&nbsp;&nbsp;3403650 |
| **Total Investments (Managed Volatility Conservative Portfolio) (Cost $494,812,811) - 99.6%** |  | $**480036217** |
| **Other assets and liabilities, net - 0.4%** |  | &nbsp;&nbsp;&nbsp;**1710465** |
| **TOTAL NET ASSETS - 100.0%** |  | $**481746682** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHETF | John Hancock Exchange-Traded Fund Trust |
| JHF II | John Hancock Funds II |
| JHF III | John Hancock Funds III |
| JHIT | John Hancock Investment Trust |
| JHSB | John Hancock Sovereign Bond Fund |
| JHVIT | John Hancock Variable Insurance Trust |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Euro Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$585486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$589600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4114 |
| Euro STOXX 50 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12179 |
| FTSE 100 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001 |
| Japanese Yen Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704 |
| MSCI Emerging Markets Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7980 |
| Pound Sterling Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184 |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3926 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Managed Volatility Conservative Portfolio (continued)<br> FUTURES (continued)<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)**  |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;5988188 | &nbsp;&nbsp;&nbsp;&nbsp;6064873 | &nbsp;&nbsp;&nbsp;&nbsp;$76685 |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6959) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$99814** |

---

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

#### Managed Volatility Growth Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 97.3%** | **AFFILIATED INVESTMENT COMPANIES (A) - 97.3%** |  |
| **Equity - 69.3%** | **Equity - 69.3%** |  |
| Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5406443 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212851674 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11562377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298656193 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20240297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227096128 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5748384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445959613 |
| Mid Cap Growth, Series NAV, JHVIT (Wellington) (C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7059632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85209758 |
| Mid Value, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9874290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110592051 |
| Multifactor Developed International ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6062373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242373673 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3318949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105061331 |
| Multifactor Mid Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118286312 |
| Multifactor Small Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2604776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109009876 |
| Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6150027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108670968 |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77827168 | &nbsp;&nbsp;&nbsp;&nbsp;1617248547 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3681016124 |
| **Fixed income - 28.0%** | **Fixed income - 28.0%** |  |
| Bond, Class NAV, JHSB (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27617811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379468716 |
| Core Bond, Series NAV, JHVIT (Allspring Investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11340264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132340880 |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79425804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973760362 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1485569958 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,550,625,097) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,550,625,097) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5166586082 |

---

#### Managed Volatility Growth Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS - 1.1%** | **SHORT-TERM INVESTMENTS - 1.1%** |  |
| **Short-term funds - 1.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (D)(E) | 6186414 | $&nbsp;&nbsp;&nbsp;&nbsp;61885172 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $61,882,517) | TOTAL SHORT-TERM INVESTMENTS (Cost $61,882,517) | $&nbsp;&nbsp;&nbsp;&nbsp;61885172 |
| **Total Investments (Managed Volatility Growth Portfolio) (Cost $4,612,507,614) - 98.4%** |  | $**5228471254** |
| **Other assets and liabilities, net - 1.6%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**82461331** |
| **TOTAL NET ASSETS - 100.0%** |  | $**5310932585** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHETF | John Hancock Exchange-Traded Fund Trust |
| JHF II | John Hancock Funds II |
| JHF III | John Hancock Funds III |
| JHIT | John Hancock Investment Trust |
| JHSB | John Hancock Sovereign Bond Fund |
| JHVIT | John Hancock Variable Insurance Trust |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | Non-income producing. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Euro Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;251 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$36739258 | &nbsp;&nbsp;&nbsp;&nbsp;$36997400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$258142 |
| Euro STOXX 50 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;581 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37085959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37796460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710501 |
| FTSE 100 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12426555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12525620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99065 |
| Japanese Yen Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19539976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19590250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50274 |
| MSCI Emerging Markets Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;714 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47974205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48541290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567085 |
| Nikkei 225 Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18441105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19409676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;968571 |
| Pound Sterling Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12344547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12358106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13559 |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;136 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16430406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16697400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266994 |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;230936954 | &nbsp;&nbsp;&nbsp;&nbsp;234171508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3234554 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Managed Volatility Growth Portfolio (continued)<br> FUTURES (continued)<br>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)**  |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;109 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$36064122 | &nbsp;&nbsp;&nbsp;&nbsp;$35819580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(244542) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$5924203** |

---

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

#### Managed Volatility Moderate Portfolio

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **AFFILIATED INVESTMENT COMPANIES (A) - 98.7%** | **AFFILIATED INVESTMENT COMPANIES (A) - 98.7%** |  |
| **Equity - 40.0%** | **Equity - 40.0%** |  |
| Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743609 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29275867 |
| Disciplined Value, Class NAV, JHF III (Boston Partners) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1679924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43392426 |
| Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20212944 |
| Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61867398 |
| Mid Cap Growth, Series NAV, JHVIT (Wellington) (C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9061417 |
| Mid Value, Series NAV, JHVIT (T. Rowe Price) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11888593 |
| Multifactor Developed International ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9560777 |
| Multifactor Emerging Markets ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9331261 |
| Multifactor Mid Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7548159 |
| Multifactor Small Cap ETF, JHETF (DFA) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9621943 |
| Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9592499 |
| Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8761714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182068415 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403421699 |
| **Fixed income - 58.7%** | **Fixed income - 58.7%** |  |
| Bond, Class NAV, JHSB (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11029978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151551899 |
| Core Bond, Series NAV, JHVIT (Allspring Investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4517352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52717494 |
| Select Bond, Series NAV, JHVIT (MIM US) (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31564582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386981781 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591251174 |
| TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $972,177,992) | TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $972,177,992) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994672873 |

---

#### Managed Volatility Moderate Portfolio (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS - 0.8%** | **SHORT-TERM INVESTMENTS - 0.8%** |  |
| **Short-term funds - 0.8%** |  |  |
| John Hancock Collateral Trust, 4.0668% (D)(E) | 756395 | $&nbsp;&nbsp;&nbsp;&nbsp;7566519 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $7,566,031) | TOTAL SHORT-TERM INVESTMENTS (Cost $7,566,031) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7566519 |
| **Total Investments (Managed Volatility Moderate Portfolio) (Cost $979,744,023) - 99.5%** |  | $**1002239392** |
| **Other assets and liabilities, net - 0.5%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**5402831** |
| **TOTAL NET ASSETS - 100.0%** |  | $**1007642223** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| JHETF | John Hancock Exchange-Traded Fund Trust |
| JHF II | John Hancock Funds II |
| JHF III | John Hancock Funds III |
| JHIT | John Hancock Investment Trust |
| JHSB | John Hancock Sovereign Bond Fund |
| JHVIT | John Hancock Variable Insurance Trust |
| (A) | The underlying portfolios' subadvisor is shown parenthetically. |
| (B) | The subadvisor is an affiliate of the advisor. |
| (C) | Non-income producing. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Euro Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$2927431 | &nbsp;&nbsp;&nbsp;&nbsp;$2948000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20569 |
| Euro STOXX 50 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2936238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2992491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56253 |
| FTSE 100 Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8005 |
| Japanese Yen Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1359043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3757 |
| MSCI Emerging Markets Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3628301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3671190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42889 |
| Nikkei 225 Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1152569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1213105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60536 |
| Pound Sterling Currency Futures | &nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1015 |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1449742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1473300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23558 |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;24588971 | &nbsp;&nbsp;&nbsp;&nbsp;24933370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344399 |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2977772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2957580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20192) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$540789** |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Managed Volatility Moderate Portfolio (continued)<br> FUTURES (continued)<br>
^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

#### Mid Cap Growth Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 97.5%** | **COMMON STOCKS – 97.5%** |  |
| **Communication services – 10.7%** |  |  |
| **Entertainment – 8.9%** | **Entertainment – 8.9%** |  |
| Liberty Media Corp.-Liberty Formula One, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20080513 |
| Live Nation Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15791303 |
| ROBLOX Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21058784 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56930600 |
| **Interactive media and services – 1.8%** | **Interactive media and services – 1.8%** |  |
| Reddit, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11889793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68820393 |
| **Consumer discretionary – 20.2%** |  |  |
| **Broadline retail – 1.2%** | **Broadline retail – 1.2%** |  |
| Ollie's Bargain Outlet Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7572005 |
| **Hotels, restaurants and leisure – 12.3%** | **Hotels, restaurants and leisure – 12.3%** |  |
| Carnival Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10019975 |
| Cava Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564948 |
| DraftKings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15574332 |
| Flutter Entertainment PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7908036 |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183588 |
| Life Time Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8718950 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13836656 |
| Royal Caribbean Cruises, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17370098 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79176583 |
| **Specialty retail – 4.1%** | **Specialty retail – 4.1%** |  |
| Chewy, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12570282 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6537268 |
| Five Below, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6929477 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26037027 |
| **Textiles, apparel and luxury goods – 2.6%** | **Textiles, apparel and luxury goods – 2.6%** |  |
| On Holding AG, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12890535 |
| Tapestry, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4126756 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17017291 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129802906 |
| **Consumer staples – 1.0%** |  |  |
| **Consumer staples distribution and retail – 1.0%** | **Consumer staples distribution and retail – 1.0%** |  |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6322912 |
| **Energy – 3.3%** |  |  |
| **Oil, gas and consumable fuels – 3.3%** | **Oil, gas and consumable fuels – 3.3%** |  |
| Cameco Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2305898 |
| Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878134 |
| Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246939 |
| Targa Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13002779 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21433750 |
| **Financials – 7.4%** |  |  |
| **Capital markets – 7.4%** | **Capital markets – 7.4%** |  |
| Evercore, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10948395 |
| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14465926 |
| KKR & Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8955244 |
| Tradeweb Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13089647 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47459212 |
| **Financial services – 0.0%** | **Financial services – 0.0%** |  |
| Klarna Group PLC (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245555 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47704767 |
| **Health care – 11.5%** |  |  |
| **Biotechnology – 6.7%** | **Biotechnology – 6.7%** |  |
| Argenx SE, ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6703683 |

---

#### Mid Cap Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Exact Sciences Corp. (A) | 208437 | $&nbsp;&nbsp;&nbsp;11403588 |
| Ionis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;50690 | &nbsp;&nbsp;&nbsp;&nbsp;3316140 |
| Natera, Inc. (A) | 106507 | &nbsp;&nbsp;&nbsp;17144432 |
| United Therapeutics Corp. (A) | &nbsp;&nbsp;11064 | &nbsp;&nbsp;&nbsp;&nbsp;4638139 |
|  |  | &nbsp;&nbsp;&nbsp;43205982 |
| **Health care equipment and supplies – 0.8%** | **Health care equipment and supplies – 0.8%** |  |
| Glaukos Corp. (A) | &nbsp;&nbsp;64850 | &nbsp;&nbsp;&nbsp;&nbsp;5288518 |
| **Health care providers and services – 1.6%** | **Health care providers and services – 1.6%** |  |
| The Ensign Group, Inc. | &nbsp;&nbsp;57770 | &nbsp;&nbsp;&nbsp;&nbsp;9980923 |
| **Health care technology – 2.3%** | **Health care technology – 2.3%** |  |
| Veeva Systems, Inc., Class A (A) | &nbsp;&nbsp;48487 | &nbsp;&nbsp;&nbsp;14444762 |
| **Pharmaceuticals – 0.1%** | **Pharmaceuticals – 0.1%** |  |
| Structure Therapeutics, Inc., ADR (A) | &nbsp;&nbsp;30756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861168 |
|  |  | &nbsp;&nbsp;&nbsp;73781353 |
| **Industrials – 16.2%** |  |  |
| **Aerospace and defense – 5.7%** | **Aerospace and defense – 5.7%** |  |
| Axon Enterprise, Inc. (A) | &nbsp;&nbsp;16046 | &nbsp;&nbsp;&nbsp;11515251 |
| Howmet Aerospace, Inc. | 101004 | &nbsp;&nbsp;&nbsp;19820015 |
| Kratos Defense & Security Solutions, Inc. (A) | &nbsp;&nbsp;58539 | &nbsp;&nbsp;&nbsp;&nbsp;5348708 |
|  |  | &nbsp;&nbsp;&nbsp;36683974 |
| **Air freight and logistics – 1.4%** | **Air freight and logistics – 1.4%** |  |
| CH Robinson Worldwide, Inc. | &nbsp;&nbsp;67423 | &nbsp;&nbsp;&nbsp;&nbsp;8926805 |
| **Commercial services and supplies – 1.4%** | **Commercial services and supplies – 1.4%** |  |
| Clean Harbors, Inc. (A) | &nbsp;&nbsp;39587 | &nbsp;&nbsp;&nbsp;&nbsp;9192893 |
| **Construction and engineering – 2.1%** | **Construction and engineering – 2.1%** |  |
| Quanta Services, Inc. | &nbsp;&nbsp;32120 | &nbsp;&nbsp;&nbsp;13311170 |
| **Electrical equipment – 3.0%** | **Electrical equipment – 3.0%** |  |
| Vertiv Holdings Company, Class A | 128194 | &nbsp;&nbsp;&nbsp;19339347 |
| **Professional services – 1.0%** | **Professional services – 1.0%** |  |
| Paycom Software, Inc. | &nbsp;&nbsp;32482 | &nbsp;&nbsp;&nbsp;&nbsp;6760803 |
| **Trading companies and distributors – 1.6%** | **Trading companies and distributors – 1.6%** |  |
| FTAI Aviation, Ltd. | &nbsp;&nbsp;59899 | &nbsp;&nbsp;&nbsp;&nbsp;9994747 |
|  |  | 104209739 |
| **Information technology – 22.6%** |  |  |
| **Electronic equipment, instruments and components – 8.9%** | **Electronic equipment, instruments and components – 8.9%** |  |
| Celestica, Inc. (A) | &nbsp;&nbsp;79232 | &nbsp;&nbsp;&nbsp;19521180 |
| Cognex Corp. | 182688 | &nbsp;&nbsp;&nbsp;&nbsp;8275766 |
| Corning, Inc. | &nbsp;&nbsp;82198 | &nbsp;&nbsp;&nbsp;&nbsp;6742702 |
| Flex, Ltd. (A) | 230604 | &nbsp;&nbsp;&nbsp;13368114 |
| Trimble, Inc. (A) | 114583 | &nbsp;&nbsp;&nbsp;&nbsp;9355702 |
|  |  | &nbsp;&nbsp;&nbsp;57263464 |
| **IT services – 4.4%** | **IT services – 4.4%** |  |
| Cloudflare, Inc., Class A (A) | &nbsp;&nbsp;94541 | &nbsp;&nbsp;&nbsp;20287553 |
| Snowflake, Inc. (A) | &nbsp;&nbsp;36504 | &nbsp;&nbsp;&nbsp;&nbsp;8233477 |
|  |  | &nbsp;&nbsp;&nbsp;28521030 |
| **Software – 9.3%** | **Software – 9.3%** |  |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;13504 | &nbsp;&nbsp;&nbsp;&nbsp;9703164 |
| Clearwater Analytics Holdings, Inc., Class A (A) | &nbsp;&nbsp;48570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875231 |
| DocuSign, Inc. (A) | 180068 | &nbsp;&nbsp;&nbsp;12981102 |
| Figma, Inc., Class A (A)(B) | &nbsp;&nbsp;91306 | &nbsp;&nbsp;&nbsp;&nbsp;4736042 |
| Guidewire Software, Inc. (A) | &nbsp;&nbsp;35200 | &nbsp;&nbsp;&nbsp;&nbsp;8091072 |
| HubSpot, Inc. (A) | &nbsp;&nbsp;17067 | &nbsp;&nbsp;&nbsp;&nbsp;7983943 |
| Samsara, Inc., Class A (A) | 237628 | &nbsp;&nbsp;&nbsp;&nbsp;8851643 |
| ServiceTitan, Inc., Class A (A) | &nbsp;&nbsp;58808 | &nbsp;&nbsp;&nbsp;&nbsp;5929611 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| Via Transportation, Inc., Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;12200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586576 |
|  |  | &nbsp;&nbsp;&nbsp;59738384 |
|  |  | 145522878 |
| **Real estate – 1.4%** |  |  |
| **Real estate management and development – 1.4%** | **Real estate management and development – 1.4%** |  |
| Zillow Group, Inc., Class C (A) | &nbsp;&nbsp;112679 | &nbsp;&nbsp;&nbsp;&nbsp;8681917 |
| **Utilities – 3.2%** |  |  |
| **Electric utilities – 2.4%** | **Electric utilities – 2.4%** |  |
| NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;93005 | &nbsp;&nbsp;&nbsp;15062160 |
| **Gas utilities – 0.8%** | **Gas utilities – 0.8%** |  |
| Atmos Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;30938 | &nbsp;&nbsp;&nbsp;&nbsp;5282664 |
|  |  | &nbsp;&nbsp;&nbsp;20344824 |
| TOTAL COMMON STOCKS (Cost $521,978,685) | TOTAL COMMON STOCKS (Cost $521,978,685) | $626625439 |
| **PREFERRED SECURITIES – 0.4%** |  |  |
| **Information technology – 0.4%** |  |  |
| **Software – 0.4%** | **Software – 0.4%** |  |
| Essence Group Holdings Corp. (A)(C)(D) | 1663188 | &nbsp;&nbsp;&nbsp;&nbsp;1380446 |
| Lookout, Inc., Series F (A)(C)(D) | &nbsp;&nbsp;211003 | &nbsp;&nbsp;&nbsp;&nbsp;1162627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2543073 |
| TOTAL PREFERRED SECURITIES (Cost $5,070,285) | TOTAL PREFERRED SECURITIES (Cost $5,070,285) | $&nbsp;&nbsp;&nbsp;&nbsp;2543073 |
| **SHORT-TERM INVESTMENTS – 1.7%** | **SHORT-TERM INVESTMENTS – 1.7%** |  |
| **Short-term funds – 0.9%** |  |  |
| John Hancock Collateral Trust, 4.0668% (E)(F) | &nbsp;&nbsp;574066 | &nbsp;&nbsp;&nbsp;&nbsp;5742617 |
| **Repurchase agreement – 0.8%** |  |  |
| Deutsche Bank Tri-Party Repurchase Agreement dated 9-30-25 at 4.210% to be repurchased at $5,400,632 on 10-1-25, collateralized by $5,512,400 U.S. Treasury Bills, 0.000% due 10-7-25 (valued at $5,508,089) | $5400000 | &nbsp;&nbsp;&nbsp;&nbsp;5400000 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $11,142,811) | TOTAL SHORT-TERM INVESTMENTS (Cost $11,142,811) | $&nbsp;&nbsp;&nbsp;11142617 |
| **Total Investments (Mid Cap Growth Trust)<br> (Cost $538,191,781) – 99.6%** | **Total Investments (Mid Cap Growth Trust)<br> (Cost $538,191,781) – 99.6%** | $**640311129** |
| **Other assets and liabilities, net – 0.4%** | **Other assets and liabilities, net – 0.4%** | &nbsp;&nbsp;&nbsp;&nbsp;**2249407** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**642560536** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $5,625,189. |
| (C) | Restricted security as to resale. For more information on this security refer to the Notes to Portfolio of Investments. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Mid Cap Index Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 96.7%** | **COMMON STOCKS – 96.7%** |  |
| **Communication services – 1.4%** |  |  |
| **Diversified telecommunication services – 0.3%** | **Diversified telecommunication services – 0.3%** |  |
| Frontier Communications Parent, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92758 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3464511 |
| Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686562 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151073 |
| **Entertainment – 0.2%** | **Entertainment – 0.2%** |  |
| Warner Music Group Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1841318 |
| **Interactive media and services – 0.1%** | **Interactive media and services – 0.1%** |  |
| ZoomInfo Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133604 |
| **Media – 0.8%** | **Media – 0.8%** |  |
| EchoStar Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3805248 |
| Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2088134 |
| The New York Times Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3446640 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9340022 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16466017 |
| **Consumer discretionary – 11.9%** |  |  |
| **Automobile components – 0.8%** | **Automobile components – 0.8%** |  |
| Autoliv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3233848 |
| Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2301809 |
| Lear Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1983727 |
| The Goodyear Tire & Rubber Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792880 |
| Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211545 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9523809 |
| **Automobiles – 0.3%** | **Automobiles – 0.3%** |  |
| Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256728 |
| Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2044352 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3301080 |
| **Broadline retail – 0.4%** | **Broadline retail – 0.4%** |  |
| Macy's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1804188 |
| Ollie's Bargain Outlet Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2918660 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4722848 |
| **Diversified consumer services – 1.3%** | **Diversified consumer services – 1.3%** |  |
| Duolingo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4734266 |
| Graham Holdings Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1481056 |
| Grand Canyon Education, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2256666 |
| H&R Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2508879 |
| Service Corp. International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4324860 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15305727 |
| **Hotels, restaurants and leisure – 2.8%** | **Hotels, restaurants and leisure – 2.8%** |  |
| Aramark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3740352 |
| Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900863 |
| Cava Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232331 |
| Choice Hotels International, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818824 |
| Churchill Downs, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2394789 |
| Hilton Grand Vacations, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955651 |
| Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2226740 |
| Light & Wonder, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2611206 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682772 |
| Planet Fitness, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3227869 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4091444 |
| Travel + Leisure Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431151 |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2059130 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2604385 |
| Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2260771 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33238278 |
| **Household durables – 1.8%** | **Household durables – 1.8%** |  |
| KB Home | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604874 |
| Somnigroup International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6559019 |
| Taylor Morrison Home Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2417880 |
| Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5025948 |
| TopBuild Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4052436 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Household durables (continued)** | **Household durables (continued)** |  |
| Whirlpool Corp. (B) | &nbsp;&nbsp;20713 | $&nbsp;&nbsp;&nbsp;&nbsp;1628042 |
|  |  | &nbsp;&nbsp;&nbsp;21288199 |
| **Leisure products – 0.5%** | **Leisure products – 0.5%** |  |
| Brunswick Corp. | &nbsp;&nbsp;24210 | &nbsp;&nbsp;&nbsp;&nbsp;1531040 |
| Mattel, Inc. (A) | 119397 | &nbsp;&nbsp;&nbsp;&nbsp;2009452 |
| Polaris, Inc. | &nbsp;&nbsp;19794 | &nbsp;&nbsp;&nbsp;&nbsp;1150625 |
| YETI Holdings, Inc. (A) | &nbsp;&nbsp;30099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998685 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5689802 |
| **Specialty retail – 3.5%** | **Specialty retail – 3.5%** |  |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;17655 | &nbsp;&nbsp;&nbsp;&nbsp;1510385 |
| AutoNation, Inc. (A) | &nbsp;&nbsp;10480 | &nbsp;&nbsp;&nbsp;&nbsp;2292710 |
| Bath & Body Works, Inc. | &nbsp;&nbsp;78417 | &nbsp;&nbsp;&nbsp;&nbsp;2020022 |
| Burlington Stores, Inc. (A) | &nbsp;&nbsp;23090 | &nbsp;&nbsp;&nbsp;&nbsp;5876405 |
| Chewy, Inc., Class A (A) | &nbsp;&nbsp;82600 | &nbsp;&nbsp;&nbsp;&nbsp;3341170 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;24775 | &nbsp;&nbsp;&nbsp;&nbsp;5505501 |
| Five Below, Inc. (A) | &nbsp;&nbsp;20403 | &nbsp;&nbsp;&nbsp;&nbsp;3156344 |
| Floor & Decor Holdings, Inc., Class A (A) | &nbsp;&nbsp;39907 | &nbsp;&nbsp;&nbsp;&nbsp;2941146 |
| GameStop Corp., Class A (A) | 152507 | &nbsp;&nbsp;&nbsp;&nbsp;4160391 |
| Lithia Motors, Inc. | &nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp;3002000 |
| Murphy USA, Inc. | &nbsp;&nbsp;&nbsp;6506 | &nbsp;&nbsp;&nbsp;&nbsp;2526020 |
| Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;6853 | &nbsp;&nbsp;&nbsp;&nbsp;1191805 |
| RH (A) | &nbsp;&nbsp;&nbsp;5692 | &nbsp;&nbsp;&nbsp;&nbsp;1156387 |
| The Gap, Inc. | &nbsp;&nbsp;84331 | &nbsp;&nbsp;&nbsp;&nbsp;1803840 |
| Valvoline, Inc. (A) | &nbsp;&nbsp;47105 | &nbsp;&nbsp;&nbsp;&nbsp;1691541 |
|  |  | &nbsp;&nbsp;&nbsp;42175667 |
| **Textiles, apparel and luxury goods – 0.5%** | **Textiles, apparel and luxury goods – 0.5%** |  |
| Capri Holdings, Ltd. (A) | &nbsp;&nbsp;44115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878771 |
| Columbia Sportswear Company | &nbsp;&nbsp;&nbsp;9539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498890 |
| Crocs, Inc. (A) | &nbsp;&nbsp;20239 | &nbsp;&nbsp;&nbsp;&nbsp;1690968 |
| PVH Corp. | &nbsp;&nbsp;17814 | &nbsp;&nbsp;&nbsp;&nbsp;1492279 |
| Under Armour, Inc., Class A (A)(B) | &nbsp;&nbsp;69976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349180 |
| Under Armour, Inc., Class C (A) | &nbsp;&nbsp;44937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217046 |
| VF Corp. | 121590 | &nbsp;&nbsp;&nbsp;&nbsp;1754544 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6881678 |
|  |  | 142127088 |
| **Consumer staples – 4.6%** |  |  |
| **Beverages – 0.6%** | **Beverages – 0.6%** |  |
| Celsius Holdings, Inc. (A) | &nbsp;&nbsp;59264 | &nbsp;&nbsp;&nbsp;&nbsp;3407087 |
| Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;22210 | &nbsp;&nbsp;&nbsp;&nbsp;2602124 |
| The Boston Beer Company, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619672 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6628883 |
| **Consumer staples distribution and retail – 2.8%** | **Consumer staples distribution and retail – 2.8%** |  |
| Albertsons Companies, Inc., Class A | 149372 | &nbsp;&nbsp;&nbsp;&nbsp;2615504 |
| BJ's Wholesale Club Holdings, Inc. (A) | &nbsp;&nbsp;48934 | &nbsp;&nbsp;&nbsp;&nbsp;4563096 |
| Casey's General Stores, Inc. | &nbsp;&nbsp;13778 | &nbsp;&nbsp;&nbsp;&nbsp;7788979 |
| Maplebear, Inc. (A) | &nbsp;&nbsp;68335 | &nbsp;&nbsp;&nbsp;&nbsp;2511995 |
| Performance Food Group Company (A) | &nbsp;&nbsp;58001 | &nbsp;&nbsp;&nbsp;&nbsp;6034424 |
| Sprouts Farmers Market, Inc. (A) | &nbsp;&nbsp;36214 | &nbsp;&nbsp;&nbsp;&nbsp;3940083 |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;83442 | &nbsp;&nbsp;&nbsp;&nbsp;6393326 |
|  |  | &nbsp;&nbsp;&nbsp;33847407 |
| **Food products – 0.8%** | **Food products – 0.8%** |  |
| Darling Ingredients, Inc. (A) | &nbsp;&nbsp;58619 | &nbsp;&nbsp;&nbsp;&nbsp;1809569 |
| Flowers Foods, Inc. | &nbsp;&nbsp;78240 | &nbsp;&nbsp;&nbsp;&nbsp;1021032 |
| Ingredion, Inc. | &nbsp;&nbsp;23784 | &nbsp;&nbsp;&nbsp;&nbsp;2904264 |
| Pilgrim's Pride Corp. | &nbsp;&nbsp;15845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645208 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;17714 | &nbsp;&nbsp;&nbsp;&nbsp;1903901 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Food products (continued)** | **Food products (continued)** |  |
| The Marzetti Company | &nbsp;&nbsp;&nbsp;7560 | $&nbsp;&nbsp;&nbsp;1306292 |
|  |  | &nbsp;&nbsp;&nbsp;9590266 |
| **Personal care products – 0.4%** | **Personal care products – 0.4%** |  |
| BellRing Brands, Inc. (A) | &nbsp;&nbsp;46684 | &nbsp;&nbsp;&nbsp;1696963 |
| Coty, Inc., Class A (A) | 135766 | &nbsp;&nbsp;&nbsp;&nbsp;548495 |
| e.l.f. Beauty, Inc. (A) | &nbsp;&nbsp;21981 | &nbsp;&nbsp;&nbsp;2912043 |
|  |  | &nbsp;&nbsp;&nbsp;5157501 |
|  |  | 55224057 |
| **Energy – 3.8%** |  |  |
| **Energy equipment and services – 0.9%** | **Energy equipment and services – 0.9%** |  |
| NOV, Inc. | 137616 | &nbsp;&nbsp;&nbsp;1823412 |
| TechnipFMC PLC | 152309 | &nbsp;&nbsp;&nbsp;6008590 |
| Valaris, Ltd. (A) | &nbsp;&nbsp;24542 | &nbsp;&nbsp;&nbsp;1196913 |
| Weatherford International PLC | &nbsp;&nbsp;26620 | &nbsp;&nbsp;&nbsp;1821607 |
|  |  | 10850522 |
| **Oil, gas and consumable fuels – 2.9%** | **Oil, gas and consumable fuels – 2.9%** |  |
| Antero Midstream Corp. | 124122 | &nbsp;&nbsp;&nbsp;2412932 |
| Antero Resources Corp. (A) | 108756 | &nbsp;&nbsp;&nbsp;3649851 |
| Chord Energy Corp. | &nbsp;&nbsp;21218 | &nbsp;&nbsp;&nbsp;2108433 |
| Civitas Resources, Inc. | &nbsp;&nbsp;30903 | &nbsp;&nbsp;&nbsp;1004348 |
| CNX Resources Corp. (A) | &nbsp;&nbsp;52405 | &nbsp;&nbsp;&nbsp;1683249 |
| DT Midstream, Inc. | &nbsp;&nbsp;37647 | &nbsp;&nbsp;&nbsp;4256370 |
| HF Sinclair Corp. | &nbsp;&nbsp;58927 | &nbsp;&nbsp;&nbsp;3084239 |
| Matador Resources Company | &nbsp;&nbsp;43365 | &nbsp;&nbsp;&nbsp;1948389 |
| Murphy Oil Corp. | &nbsp;&nbsp;49719 | &nbsp;&nbsp;&nbsp;1412517 |
| Ovintiv, Inc. | &nbsp;&nbsp;95250 | &nbsp;&nbsp;&nbsp;3846195 |
| PBF Energy, Inc., Class A | &nbsp;&nbsp;30441 | &nbsp;&nbsp;&nbsp;&nbsp;918405 |
| Permian Resources Corp. | 243054 | &nbsp;&nbsp;&nbsp;3111091 |
| Range Resources Corp. | &nbsp;&nbsp;88266 | &nbsp;&nbsp;&nbsp;3322332 |
| Viper Energy, Inc., Class A | &nbsp;&nbsp;62522 | &nbsp;&nbsp;&nbsp;2389591 |
|  |  | 35147942 |
|  |  | 45998464 |
| **Financials – 16.4%** |  |  |
| **Banks – 6.4%** | **Banks – 6.4%** |  |
| Associated Banc-Corp. | &nbsp;&nbsp;60543 | &nbsp;&nbsp;&nbsp;1556561 |
| Bank OZK | &nbsp;&nbsp;39229 | &nbsp;&nbsp;&nbsp;1999894 |
| Cadence Bank | &nbsp;&nbsp;69040 | &nbsp;&nbsp;&nbsp;2591762 |
| Columbia Banking System, Inc. | 110815 | &nbsp;&nbsp;&nbsp;2852378 |
| Comerica, Inc. | &nbsp;&nbsp;47627 | &nbsp;&nbsp;&nbsp;3263402 |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;45987 | &nbsp;&nbsp;&nbsp;2748183 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;23837 | &nbsp;&nbsp;&nbsp;3021816 |
| East West Bancorp, Inc. | &nbsp;&nbsp;51073 | &nbsp;&nbsp;&nbsp;5436721 |
| First Financial Bankshares, Inc. | &nbsp;&nbsp;48257 | &nbsp;&nbsp;&nbsp;1623848 |
| First Horizon Corp. | 188154 | &nbsp;&nbsp;&nbsp;4254162 |
| Flagstar Financial, Inc. | 110878 | &nbsp;&nbsp;&nbsp;1280641 |
| FNB Corp. | 133091 | &nbsp;&nbsp;&nbsp;2144096 |
| Glacier Bancorp, Inc. | &nbsp;&nbsp;43931 | &nbsp;&nbsp;&nbsp;2138122 |
| Hancock Whitney Corp. | &nbsp;&nbsp;31409 | &nbsp;&nbsp;&nbsp;1966517 |
| Home BancShares, Inc. | &nbsp;&nbsp;67918 | &nbsp;&nbsp;&nbsp;1922079 |
| International Bancshares Corp. | &nbsp;&nbsp;20039 | &nbsp;&nbsp;&nbsp;1377681 |
| Old National Bancorp | 129236 | &nbsp;&nbsp;&nbsp;2836730 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;28496 | &nbsp;&nbsp;&nbsp;2672640 |
| Prosperity Bancshares, Inc. | &nbsp;&nbsp;35204 | &nbsp;&nbsp;&nbsp;2335785 |
| SouthState Bank Corp. | &nbsp;&nbsp;37505 | &nbsp;&nbsp;&nbsp;3708119 |
| Synovus Financial Corp. | &nbsp;&nbsp;51436 | &nbsp;&nbsp;&nbsp;2524479 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;16955 | &nbsp;&nbsp;&nbsp;1433206 |
| UMB Financial Corp. | &nbsp;&nbsp;26448 | &nbsp;&nbsp;&nbsp;3130121 |
| United Bankshares, Inc. | &nbsp;&nbsp;52368 | &nbsp;&nbsp;&nbsp;1948613 |
| Valley National Bancorp | 178375 | &nbsp;&nbsp;&nbsp;1890775 |
| Webster Financial Corp. | &nbsp;&nbsp;61584 | &nbsp;&nbsp;&nbsp;3660553 |
| Western Alliance Bancorp | &nbsp;&nbsp;38361 | &nbsp;&nbsp;&nbsp;3326666 |
| Wintrust Financial Corp. | &nbsp;&nbsp;24810 | &nbsp;&nbsp;&nbsp;3285836 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Zions Bancorp NA | &nbsp;&nbsp;54704 | $&nbsp;&nbsp;&nbsp;&nbsp;3095152 |
|  |  | &nbsp;&nbsp;&nbsp;76026538 |
| **Capital markets – 3.0%** | **Capital markets – 3.0%** |  |
| Affiliated Managers Group, Inc. | &nbsp;&nbsp;10529 | &nbsp;&nbsp;&nbsp;&nbsp;2510429 |
| Evercore, Inc., Class A | &nbsp;&nbsp;14303 | &nbsp;&nbsp;&nbsp;&nbsp;4824688 |
| Federated Hermes, Inc. | &nbsp;&nbsp;27390 | &nbsp;&nbsp;&nbsp;&nbsp;1422363 |
| Hamilton Lane, Inc., Class A | &nbsp;&nbsp;14991 | &nbsp;&nbsp;&nbsp;&nbsp;2020637 |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;20147 | &nbsp;&nbsp;&nbsp;&nbsp;4136582 |
| Janus Henderson Group PLC | &nbsp;&nbsp;46241 | &nbsp;&nbsp;&nbsp;&nbsp;2058187 |
| Jefferies Financial Group, Inc. | &nbsp;&nbsp;61153 | &nbsp;&nbsp;&nbsp;&nbsp;4000629 |
| Morningstar, Inc. | &nbsp;&nbsp;&nbsp;9065 | &nbsp;&nbsp;&nbsp;&nbsp;2103171 |
| SEI Investments Company | &nbsp;&nbsp;34817 | &nbsp;&nbsp;&nbsp;&nbsp;2954222 |
| Stifel Financial Corp. | &nbsp;&nbsp;37862 | &nbsp;&nbsp;&nbsp;&nbsp;4296201 |
| The Carlyle Group, Inc. | &nbsp;&nbsp;96506 | &nbsp;&nbsp;&nbsp;&nbsp;6050926 |
|  |  | &nbsp;&nbsp;&nbsp;36378035 |
| **Consumer finance – 0.7%** | **Consumer finance – 0.7%** |  |
| Ally Financial, Inc. | 103798 | &nbsp;&nbsp;&nbsp;&nbsp;4068882 |
| FirstCash Holdings, Inc. | &nbsp;&nbsp;14467 | &nbsp;&nbsp;&nbsp;&nbsp;2291862 |
| SLM Corp. | &nbsp;&nbsp;77257 | &nbsp;&nbsp;&nbsp;&nbsp;2138474 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8499218 |
| **Financial services – 1.6%** | **Financial services – 1.6%** |  |
| Equitable Holdings, Inc. | 110999 | &nbsp;&nbsp;&nbsp;&nbsp;5636529 |
| Essent Group, Ltd. | &nbsp;&nbsp;36514 | &nbsp;&nbsp;&nbsp;&nbsp;2320830 |
| Euronet Worldwide, Inc. (A) | &nbsp;&nbsp;14280 | &nbsp;&nbsp;&nbsp;&nbsp;1253927 |
| MGIC Investment Corp. | &nbsp;&nbsp;85427 | &nbsp;&nbsp;&nbsp;&nbsp;2423564 |
| Shift4 Payments, Inc., Class A (A)(B) | &nbsp;&nbsp;24936 | &nbsp;&nbsp;&nbsp;&nbsp;1930046 |
| The Western Union Company | 119680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956243 |
| Voya Financial, Inc. | &nbsp;&nbsp;35730 | &nbsp;&nbsp;&nbsp;&nbsp;2672604 |
| WEX, Inc. (A) | &nbsp;&nbsp;12697 | &nbsp;&nbsp;&nbsp;&nbsp;2000158 |
|  |  | &nbsp;&nbsp;&nbsp;19193901 |
| **Insurance – 4.1%** | **Insurance – 4.1%** |  |
| American Financial Group, Inc. | &nbsp;&nbsp;25650 | &nbsp;&nbsp;&nbsp;&nbsp;3737718 |
| Brighthouse Financial, Inc. (A) | &nbsp;&nbsp;21179 | &nbsp;&nbsp;&nbsp;&nbsp;1124181 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;35920 | &nbsp;&nbsp;&nbsp;&nbsp;1420636 |
| Fidelity National Financial, Inc. | &nbsp;&nbsp;94650 | &nbsp;&nbsp;&nbsp;&nbsp;5725379 |
| First American Financial Corp. | &nbsp;&nbsp;37724 | &nbsp;&nbsp;&nbsp;&nbsp;2423390 |
| Kemper Corp. | &nbsp;&nbsp;23251 | &nbsp;&nbsp;&nbsp;&nbsp;1198589 |
| Kinsale Capital Group, Inc. | &nbsp;&nbsp;&nbsp;8203 | &nbsp;&nbsp;&nbsp;&nbsp;3488408 |
| Old Republic International Corp. | &nbsp;&nbsp;84709 | &nbsp;&nbsp;&nbsp;&nbsp;3597591 |
| Primerica, Inc. | &nbsp;&nbsp;12003 | &nbsp;&nbsp;&nbsp;&nbsp;3331913 |
| Reinsurance Group of America, Inc. | &nbsp;&nbsp;24493 | &nbsp;&nbsp;&nbsp;&nbsp;4705840 |
| RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;17441 | &nbsp;&nbsp;&nbsp;&nbsp;4428793 |
| RLI Corp. | &nbsp;&nbsp;34029 | &nbsp;&nbsp;&nbsp;&nbsp;2219371 |
| Ryan Specialty Holdings, Inc. | &nbsp;&nbsp;41754 | &nbsp;&nbsp;&nbsp;&nbsp;2353255 |
| Selective Insurance Group, Inc. | &nbsp;&nbsp;22549 | &nbsp;&nbsp;&nbsp;&nbsp;1828047 |
| The Hanover Insurance Group, Inc. | &nbsp;&nbsp;13256 | &nbsp;&nbsp;&nbsp;&nbsp;2407687 |
| Unum Group | &nbsp;&nbsp;58064 | &nbsp;&nbsp;&nbsp;&nbsp;4516218 |
|  |  | &nbsp;&nbsp;&nbsp;48507016 |
| **Mortgage real estate investment trusts – 0.6%** | **Mortgage real estate investment trusts – 0.6%** |  |
| Annaly Capital Management, Inc. | 237931 | &nbsp;&nbsp;&nbsp;&nbsp;4808586 |
| Starwood Property Trust, Inc. | 127887 | &nbsp;&nbsp;&nbsp;&nbsp;2477171 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7285757 |
|  |  | 195890465 |
| **Health care – 8.4%** |  |  |
| **Biotechnology – 2.4%** | **Biotechnology – 2.4%** |  |
| BioMarin Pharmaceutical, Inc. (A) | &nbsp;&nbsp;71155 | &nbsp;&nbsp;&nbsp;&nbsp;3853755 |
| Cytokinetics, Inc. (A) | &nbsp;&nbsp;44341 | &nbsp;&nbsp;&nbsp;&nbsp;2436981 |
| Exelixis, Inc. (A) | &nbsp;&nbsp;99758 | &nbsp;&nbsp;&nbsp;&nbsp;4120005 |
| Halozyme Therapeutics, Inc. (A) | &nbsp;&nbsp;43344 | &nbsp;&nbsp;&nbsp;&nbsp;3178849 |
| Neurocrine Biosciences, Inc. (A) | &nbsp;&nbsp;36754 | &nbsp;&nbsp;&nbsp;&nbsp;5159527 |
| Roivant Sciences, Ltd. (A) | 159426 | &nbsp;&nbsp;&nbsp;&nbsp;2412115 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| United Therapeutics Corp. (A) | &nbsp;&nbsp;16759 | $&nbsp;&nbsp;&nbsp;7025540 |
|  |  | 28186772 |
| **Health care equipment and supplies – 1.2%** | **Health care equipment and supplies – 1.2%** |  |
| Dentsply Sirona, Inc. | &nbsp;&nbsp;73923 | &nbsp;&nbsp;&nbsp;&nbsp;938083 |
| Envista Holdings Corp. (A) | &nbsp;&nbsp;61582 | &nbsp;&nbsp;&nbsp;1254425 |
| Globus Medical, Inc., Class A (A) | &nbsp;&nbsp;41736 | &nbsp;&nbsp;&nbsp;2390221 |
| Haemonetics Corp. (A) | &nbsp;&nbsp;17853 | &nbsp;&nbsp;&nbsp;&nbsp;870155 |
| Lantheus Holdings, Inc. (A) | &nbsp;&nbsp;25197 | &nbsp;&nbsp;&nbsp;1292354 |
| LivaNova PLC (A) | &nbsp;&nbsp;20233 | &nbsp;&nbsp;&nbsp;1059805 |
| Masimo Corp. (A) | &nbsp;&nbsp;17111 | &nbsp;&nbsp;&nbsp;2524728 |
| Penumbra, Inc. (A) | &nbsp;&nbsp;14452 | &nbsp;&nbsp;&nbsp;3660981 |
|  |  | 13990752 |
| **Health care providers and services – 2.2%** | **Health care providers and services – 2.2%** |  |
| Chemed Corp. | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;2417796 |
| Encompass Health Corp. | &nbsp;&nbsp;37325 | &nbsp;&nbsp;&nbsp;4741022 |
| HealthEquity, Inc. (A) | &nbsp;&nbsp;32045 | &nbsp;&nbsp;&nbsp;3036905 |
| Hims & Hers Health, Inc. (A)(B) | &nbsp;&nbsp;76619 | &nbsp;&nbsp;&nbsp;4345830 |
| Option Care Health, Inc. (A) | &nbsp;&nbsp;60142 | &nbsp;&nbsp;&nbsp;1669542 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;32740 | &nbsp;&nbsp;&nbsp;6647530 |
| The Ensign Group, Inc. | &nbsp;&nbsp;21230 | &nbsp;&nbsp;&nbsp;3667907 |
|  |  | 26526532 |
| **Health care technology – 0.3%** | **Health care technology – 0.3%** |  |
| Doximity, Inc., Class A (A) | &nbsp;&nbsp;50546 | &nbsp;&nbsp;&nbsp;3697440 |
| **Life sciences tools and services – 1.6%** | **Life sciences tools and services – 1.6%** |  |
| Avantor, Inc. (A) | 252630 | &nbsp;&nbsp;&nbsp;3152822 |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6764 | &nbsp;&nbsp;&nbsp;1896558 |
| Bruker Corp. | &nbsp;&nbsp;41042 | &nbsp;&nbsp;&nbsp;1333455 |
| Illumina, Inc. (A) | &nbsp;&nbsp;56956 | &nbsp;&nbsp;&nbsp;5409111 |
| Medpace Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8224 | &nbsp;&nbsp;&nbsp;4228452 |
| Repligen Corp. (A) | &nbsp;&nbsp;19597 | &nbsp;&nbsp;&nbsp;2619531 |
| Sotera Health Company (A) | &nbsp;&nbsp;65260 | &nbsp;&nbsp;&nbsp;1026540 |
|  |  | 19666469 |
| **Pharmaceuticals – 0.7%** | **Pharmaceuticals – 0.7%** |  |
| Elanco Animal Health, Inc. (A) | 184104 | &nbsp;&nbsp;&nbsp;3707855 |
| Jazz Pharmaceuticals PLC (A) | &nbsp;&nbsp;22478 | &nbsp;&nbsp;&nbsp;2962600 |
| Perrigo Company PLC | &nbsp;&nbsp;50984 | &nbsp;&nbsp;&nbsp;1135414 |
|  |  | &nbsp;&nbsp;&nbsp;7805869 |
|  |  | 99873834 |
| **Industrials – 22.3%** |  |  |
| **Aerospace and defense – 2.9%** | **Aerospace and defense – 2.9%** |  |
| AeroVironment, Inc. (A) | &nbsp;&nbsp;11790 | &nbsp;&nbsp;&nbsp;3712553 |
| ATI, Inc. (A) | &nbsp;&nbsp;51076 | &nbsp;&nbsp;&nbsp;4154522 |
| BWX Technologies, Inc. | &nbsp;&nbsp;33870 | &nbsp;&nbsp;&nbsp;6244612 |
| Curtiss-Wright Corp. | &nbsp;&nbsp;13962 | &nbsp;&nbsp;&nbsp;7580528 |
| Hexcel Corp. | &nbsp;&nbsp;29483 | &nbsp;&nbsp;&nbsp;1848584 |
| Kratos Defense & Security Solutions, Inc. (A) | &nbsp;&nbsp;62550 | &nbsp;&nbsp;&nbsp;5715194 |
| Woodward, Inc. | &nbsp;&nbsp;22221 | &nbsp;&nbsp;&nbsp;5615469 |
|  |  | 34871462 |
| **Air freight and logistics – 0.2%** | **Air freight and logistics – 0.2%** |  |
| GXO Logistics, Inc. (A) | &nbsp;&nbsp;42420 | &nbsp;&nbsp;&nbsp;2243594 |
| **Building products – 2.1%** | **Building products – 2.1%** |  |
| AAON, Inc. | &nbsp;&nbsp;25077 | &nbsp;&nbsp;&nbsp;2343195 |
| Advanced Drainage Systems, Inc. | &nbsp;&nbsp;26508 | &nbsp;&nbsp;&nbsp;3676660 |
| Carlisle Companies, Inc. | &nbsp;&nbsp;15805 | &nbsp;&nbsp;&nbsp;5199213 |
| Fortune Brands Innovations, Inc. | &nbsp;&nbsp;44483 | &nbsp;&nbsp;&nbsp;2374947 |
| Owens Corning | &nbsp;&nbsp;30990 | &nbsp;&nbsp;&nbsp;4383845 |
| Simpson Manufacturing Company, Inc. | &nbsp;&nbsp;15422 | &nbsp;&nbsp;&nbsp;2582568 |
| Trex Company, Inc. (A) | &nbsp;&nbsp;39737 | &nbsp;&nbsp;&nbsp;2053211 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Building products (continued)** | **Building products (continued)** |  |
| UFP Industries, Inc. | &nbsp;&nbsp;21703 | $&nbsp;&nbsp;&nbsp;2029013 |
|  |  | 24642652 |
| **Commercial services and supplies – 1.6%** | **Commercial services and supplies – 1.6%** |  |
| Clean Harbors, Inc. (A) | &nbsp;&nbsp;18682 | &nbsp;&nbsp;&nbsp;4338334 |
| MSA Safety, Inc. | &nbsp;&nbsp;13635 | &nbsp;&nbsp;&nbsp;2346174 |
| RB Global, Inc. | &nbsp;&nbsp;68777 | &nbsp;&nbsp;&nbsp;7452676 |
| Tetra Tech, Inc. | &nbsp;&nbsp;97375 | &nbsp;&nbsp;&nbsp;3250378 |
| The Brink's Company | &nbsp;&nbsp;15439 | &nbsp;&nbsp;&nbsp;1804202 |
|  |  | 19191764 |
| **Construction and engineering – 2.7%** | **Construction and engineering – 2.7%** |  |
| AECOM | &nbsp;&nbsp;49080 | &nbsp;&nbsp;&nbsp;6403468 |
| API Group Corp. (A) | 137162 | &nbsp;&nbsp;&nbsp;4714258 |
| Comfort Systems USA, Inc. | &nbsp;&nbsp;13045 | 10764462 |
| Fluor Corp. (A) | &nbsp;&nbsp;59908 | &nbsp;&nbsp;&nbsp;2520330 |
| MasTec, Inc. (A) | &nbsp;&nbsp;22718 | &nbsp;&nbsp;&nbsp;4834618 |
| Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;7314 | &nbsp;&nbsp;&nbsp;2835857 |
|  |  | 32072993 |
| **Electrical equipment – 1.7%** | **Electrical equipment – 1.7%** |  |
| Acuity, Inc. | &nbsp;&nbsp;11245 | &nbsp;&nbsp;&nbsp;3872666 |
| EnerSys | &nbsp;&nbsp;13884 | &nbsp;&nbsp;&nbsp;1568337 |
| NEXTracker, Inc., Class A (A) | &nbsp;&nbsp;54831 | &nbsp;&nbsp;&nbsp;4056946 |
| nVent Electric PLC | &nbsp;&nbsp;59642 | &nbsp;&nbsp;&nbsp;5883087 |
| Regal Rexnord Corp. | &nbsp;&nbsp;24596 | &nbsp;&nbsp;&nbsp;3528050 |
| Sensata Technologies Holding PLC | &nbsp;&nbsp;53969 | &nbsp;&nbsp;&nbsp;1648753 |
|  |  | 20557839 |
| **Ground transportation – 1.4%** | **Ground transportation – 1.4%** |  |
| Avis Budget Group, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;6260 | &nbsp;&nbsp;&nbsp;1005200 |
| Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;60144 | &nbsp;&nbsp;&nbsp;2376289 |
| Landstar System, Inc. | &nbsp;&nbsp;12842 | &nbsp;&nbsp;&nbsp;1573916 |
| Ryder System, Inc. | &nbsp;&nbsp;15116 | &nbsp;&nbsp;&nbsp;2851482 |
| Saia, Inc. (A) | &nbsp;&nbsp;&nbsp;9870 | &nbsp;&nbsp;&nbsp;2954683 |
| XPO, Inc. (A) | &nbsp;&nbsp;43639 | &nbsp;&nbsp;&nbsp;5641214 |
|  |  | 16402784 |
| **Machinery – 4.9%** | **Machinery – 4.9%** |  |
| AGCO Corp. | &nbsp;&nbsp;22951 | &nbsp;&nbsp;&nbsp;2457364 |
| Chart Industries, Inc. (A) | &nbsp;&nbsp;16374 | &nbsp;&nbsp;&nbsp;3277256 |
| CNH Industrial NV | 329095 | &nbsp;&nbsp;&nbsp;3570681 |
| Crane Company | &nbsp;&nbsp;18126 | &nbsp;&nbsp;&nbsp;3337722 |
| Donaldson Company, Inc. | &nbsp;&nbsp;43179 | &nbsp;&nbsp;&nbsp;3534201 |
| Esab Corp. | &nbsp;&nbsp;21144 | &nbsp;&nbsp;&nbsp;2362631 |
| Flowserve Corp. | &nbsp;&nbsp;48464 | &nbsp;&nbsp;&nbsp;2575377 |
| Graco, Inc. | &nbsp;&nbsp;61401 | &nbsp;&nbsp;&nbsp;5216629 |
| ITT, Inc. | &nbsp;&nbsp;28904 | &nbsp;&nbsp;&nbsp;5166879 |
| Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;20450 | &nbsp;&nbsp;&nbsp;4822724 |
| Mueller Industries, Inc. | &nbsp;&nbsp;41022 | &nbsp;&nbsp;&nbsp;4147734 |
| Oshkosh Corp. | &nbsp;&nbsp;23716 | &nbsp;&nbsp;&nbsp;3075965 |
| RBC Bearings, Inc. (A) | &nbsp;&nbsp;11647 | &nbsp;&nbsp;&nbsp;4545708 |
| Terex Corp. | &nbsp;&nbsp;24309 | &nbsp;&nbsp;&nbsp;1247052 |
| The Middleby Corp. (A) | &nbsp;&nbsp;17279 | &nbsp;&nbsp;&nbsp;2296897 |
| The Timken Company | &nbsp;&nbsp;23485 | &nbsp;&nbsp;&nbsp;1765602 |
| The Toro Company | &nbsp;&nbsp;36569 | &nbsp;&nbsp;&nbsp;2786558 |
| Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;10159 | &nbsp;&nbsp;&nbsp;2837206 |
|  |  | 59024186 |
| **Marine transportation – 0.2%** | **Marine transportation – 0.2%** |  |
| Kirby Corp. (A) | &nbsp;&nbsp;20678 | &nbsp;&nbsp;&nbsp;1725579 |
| **Passenger airlines – 0.4%** | **Passenger airlines – 0.4%** |  |
| Alaska Air Group, Inc. (A) | &nbsp;&nbsp;42730 | &nbsp;&nbsp;&nbsp;2127099 |
| American Airlines Group, Inc. (A) | 244511 | &nbsp;&nbsp;&nbsp;2748304 |
|  |  | &nbsp;&nbsp;&nbsp;4875403 |
| **Professional services – 2.5%** | **Professional services – 2.5%** |  |
| CACI International, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8150 | &nbsp;&nbsp;&nbsp;4065057 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Professional services (continued)** | **Professional services (continued)** |  |
| Concentrix Corp. | &nbsp;&nbsp;16582 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765259 |
| ExlService Holdings, Inc. (A) | &nbsp;&nbsp;59852 | &nbsp;&nbsp;&nbsp;&nbsp;2635284 |
| Exponent, Inc. | &nbsp;&nbsp;18714 | &nbsp;&nbsp;&nbsp;&nbsp;1300249 |
| FTI Consulting, Inc. (A) | &nbsp;&nbsp;11765 | &nbsp;&nbsp;&nbsp;&nbsp;1901812 |
| Genpact, Ltd. | &nbsp;&nbsp;60058 | &nbsp;&nbsp;&nbsp;&nbsp;2515830 |
| Insperity, Inc. | &nbsp;&nbsp;13263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652540 |
| KBR, Inc. | &nbsp;&nbsp;47745 | &nbsp;&nbsp;&nbsp;&nbsp;2257861 |
| Maximus, Inc. | &nbsp;&nbsp;20881 | &nbsp;&nbsp;&nbsp;&nbsp;1907897 |
| Parsons Corp. (A) | &nbsp;&nbsp;19787 | &nbsp;&nbsp;&nbsp;&nbsp;1640738 |
| Paylocity Holding Corp. (A) | &nbsp;&nbsp;16557 | &nbsp;&nbsp;&nbsp;&nbsp;2637033 |
| Science Applications International Corp. | &nbsp;&nbsp;17370 | &nbsp;&nbsp;&nbsp;&nbsp;1726057 |
| TransUnion | &nbsp;&nbsp;72186 | &nbsp;&nbsp;&nbsp;&nbsp;6047743 |
|  |  | &nbsp;&nbsp;&nbsp;30053360 |
| **Trading companies and distributors – 1.7%** | **Trading companies and distributors – 1.7%** |  |
| Applied Industrial Technologies, Inc. | &nbsp;&nbsp;14113 | &nbsp;&nbsp;&nbsp;&nbsp;3684199 |
| Core & Main, Inc., Class A (A) | &nbsp;&nbsp;70280 | &nbsp;&nbsp;&nbsp;&nbsp;3783172 |
| GATX Corp. | &nbsp;&nbsp;13192 | &nbsp;&nbsp;&nbsp;&nbsp;2305962 |
| MSC Industrial Direct Company, Inc., Class A | &nbsp;&nbsp;16918 | &nbsp;&nbsp;&nbsp;&nbsp;1558825 |
| Watsco, Inc. | &nbsp;&nbsp;12934 | &nbsp;&nbsp;&nbsp;&nbsp;5229216 |
| WESCO International, Inc. | &nbsp;&nbsp;18033 | &nbsp;&nbsp;&nbsp;&nbsp;3813980 |
|  |  | &nbsp;&nbsp;&nbsp;20375354 |
|  |  | 266036970 |
| **Information technology – 12.9%** |  |  |
| **Communications equipment – 1.0%** | **Communications equipment – 1.0%** |  |
| Ciena Corp. (A) | &nbsp;&nbsp;52386 | &nbsp;&nbsp;&nbsp;&nbsp;7631069 |
| Lumentum Holdings, Inc. (A) | &nbsp;&nbsp;25866 | &nbsp;&nbsp;&nbsp;&nbsp;4208657 |
|  |  | &nbsp;&nbsp;&nbsp;11839726 |
| **Electronic equipment, instruments and components – 3.4%** | **Electronic equipment, instruments and components – 3.4%** |  |
| Arrow Electronics, Inc. (A) | &nbsp;&nbsp;19085 | &nbsp;&nbsp;&nbsp;&nbsp;2309285 |
| Avnet, Inc. | &nbsp;&nbsp;31075 | &nbsp;&nbsp;&nbsp;&nbsp;1624601 |
| Belden, Inc. | &nbsp;&nbsp;14682 | &nbsp;&nbsp;&nbsp;&nbsp;1765804 |
| Cognex Corp. | &nbsp;&nbsp;62218 | &nbsp;&nbsp;&nbsp;&nbsp;2818475 |
| Coherent Corp. (A) | &nbsp;&nbsp;57602 | &nbsp;&nbsp;&nbsp;&nbsp;6204887 |
| Crane NXT Company | &nbsp;&nbsp;18299 | &nbsp;&nbsp;&nbsp;&nbsp;1227314 |
| Fabrinet (A) | &nbsp;&nbsp;13278 | &nbsp;&nbsp;&nbsp;&nbsp;4841424 |
| Flex, Ltd. (A) | 139084 | &nbsp;&nbsp;&nbsp;&nbsp;8062699 |
| IPG Photonics Corp. (A) | &nbsp;&nbsp;&nbsp;9387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743357 |
| Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;9183 | &nbsp;&nbsp;&nbsp;&nbsp;2378489 |
| Novanta, Inc. (A) | &nbsp;&nbsp;13331 | &nbsp;&nbsp;&nbsp;&nbsp;1335100 |
| TD SYNNEX Corp. | &nbsp;&nbsp;28421 | &nbsp;&nbsp;&nbsp;&nbsp;4653939 |
| Vontier Corp. | &nbsp;&nbsp;54362 | &nbsp;&nbsp;&nbsp;&nbsp;2281573 |
|  |  | &nbsp;&nbsp;&nbsp;40246947 |
| **IT services – 1.2%** | **IT services – 1.2%** |  |
| ASGN, Inc. (A) | &nbsp;&nbsp;16231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768538 |
| Kyndryl Holdings, Inc. (A) | &nbsp;&nbsp;85655 | &nbsp;&nbsp;&nbsp;&nbsp;2572220 |
| Okta, Inc. (A) | &nbsp;&nbsp;61945 | &nbsp;&nbsp;&nbsp;&nbsp;5680357 |
| Twilio, Inc., Class A (A) | &nbsp;&nbsp;56858 | &nbsp;&nbsp;&nbsp;&nbsp;5690917 |
|  |  | &nbsp;&nbsp;&nbsp;14712032 |
| **Semiconductors and semiconductor equipment – 2.7%** | **Semiconductors and semiconductor equipment – 2.7%** |  |
| Allegro MicroSystems, Inc. (A) | &nbsp;&nbsp;45942 | &nbsp;&nbsp;&nbsp;&nbsp;1341506 |
| Amkor Technology, Inc. | &nbsp;&nbsp;42129 | &nbsp;&nbsp;&nbsp;&nbsp;1196464 |
| Cirrus Logic, Inc. (A) | &nbsp;&nbsp;19022 | &nbsp;&nbsp;&nbsp;&nbsp;2383266 |
| Entegris, Inc. | &nbsp;&nbsp;56178 | &nbsp;&nbsp;&nbsp;&nbsp;5194218 |
| Lattice Semiconductor Corp. (A) | &nbsp;&nbsp;50729 | &nbsp;&nbsp;&nbsp;&nbsp;3719450 |
| MACOM Technology Solutions Holdings, Inc. (A) | &nbsp;&nbsp;23733 | &nbsp;&nbsp;&nbsp;&nbsp;2954521 |
| MKS, Inc. | &nbsp;&nbsp;24887 | &nbsp;&nbsp;&nbsp;&nbsp;3080264 |
| Onto Innovation, Inc. (A) | &nbsp;&nbsp;18159 | &nbsp;&nbsp;&nbsp;&nbsp;2346506 |
| Power Integrations, Inc. | &nbsp;&nbsp;20787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835845 |
| Rambus, Inc. (A) | &nbsp;&nbsp;39871 | &nbsp;&nbsp;&nbsp;&nbsp;4154558 |
| Silicon Laboratories, Inc. (A) | &nbsp;&nbsp;12160 | &nbsp;&nbsp;&nbsp;&nbsp;1594541 |
| Synaptics, Inc. (A) | &nbsp;&nbsp;14284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976169 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Universal Display Corp. | &nbsp;&nbsp;16382 | $&nbsp;&nbsp;&nbsp;&nbsp;2352947 |
|  |  | &nbsp;&nbsp;&nbsp;32130255 |
| **Software – 3.8%** | **Software – 3.8%** |  |
| Appfolio, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8476 | &nbsp;&nbsp;&nbsp;&nbsp;2336494 |
| BILL Holdings, Inc. (A) | &nbsp;&nbsp;33979 | &nbsp;&nbsp;&nbsp;&nbsp;1799868 |
| Blackbaud, Inc. (A) | &nbsp;&nbsp;13786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886578 |
| CommVault Systems, Inc. (A) | &nbsp;&nbsp;16476 | &nbsp;&nbsp;&nbsp;&nbsp;3110339 |
| DocuSign, Inc. (A) | &nbsp;&nbsp;74878 | &nbsp;&nbsp;&nbsp;&nbsp;5397955 |
| Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;22673 | &nbsp;&nbsp;&nbsp;&nbsp;1640845 |
| Dropbox, Inc., Class A (A) | &nbsp;&nbsp;68584 | &nbsp;&nbsp;&nbsp;&nbsp;2071923 |
| Dynatrace, Inc. (A) | 111728 | &nbsp;&nbsp;&nbsp;&nbsp;5413222 |
| Guidewire Software, Inc. (A) | &nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp;7171632 |
| Manhattan Associates, Inc. (A) | &nbsp;&nbsp;22408 | &nbsp;&nbsp;&nbsp;&nbsp;4593192 |
| Nutanix, Inc., Class A (A) | &nbsp;&nbsp;99341 | &nbsp;&nbsp;&nbsp;&nbsp;7389977 |
| Pegasystems, Inc. | &nbsp;&nbsp;34234 | &nbsp;&nbsp;&nbsp;&nbsp;1968455 |
| Qualys, Inc. (A) | &nbsp;&nbsp;13376 | &nbsp;&nbsp;&nbsp;&nbsp;1770046 |
|  |  | &nbsp;&nbsp;&nbsp;45550526 |
| **Technology hardware, storage and peripherals – 0.8%** | **Technology hardware, storage and peripherals – 0.8%** |  |
| Pure Storage, Inc., Class A (A) | 115058 | &nbsp;&nbsp;&nbsp;&nbsp;9643011 |
|  |  | 154122497 |
| **Materials – 5.2%** |  |  |
| **Chemicals – 1.4%** | **Chemicals – 1.4%** |  |
| Ashland, Inc. | &nbsp;&nbsp;16937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811452 |
| Avient Corp. | &nbsp;&nbsp;33922 | &nbsp;&nbsp;&nbsp;&nbsp;1117730 |
| Axalta Coating Systems, Ltd. (A) | &nbsp;&nbsp;80255 | &nbsp;&nbsp;&nbsp;&nbsp;2296898 |
| Cabot Corp. | &nbsp;&nbsp;19716 | &nbsp;&nbsp;&nbsp;&nbsp;1499402 |
| NewMarket Corp. | &nbsp;&nbsp;&nbsp;2890 | &nbsp;&nbsp;&nbsp;&nbsp;2393527 |
| Olin Corp. | &nbsp;&nbsp;42483 | &nbsp;&nbsp;&nbsp;&nbsp;1061650 |
| RPM International, Inc. | &nbsp;&nbsp;47572 | &nbsp;&nbsp;&nbsp;&nbsp;5607787 |
| The Scotts Miracle-Gro Company | &nbsp;&nbsp;16475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938251 |
| Westlake Corp. | &nbsp;&nbsp;12356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952153 |
|  |  | &nbsp;&nbsp;&nbsp;16678850 |
| **Construction materials – 0.3%** | **Construction materials – 0.3%** |  |
| Eagle Materials, Inc. | &nbsp;&nbsp;12025 | &nbsp;&nbsp;&nbsp;&nbsp;2802306 |
| Knife River Corp. (A) | &nbsp;&nbsp;20998 | &nbsp;&nbsp;&nbsp;&nbsp;1614116 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4416422 |
| **Containers and packaging – 1.1%** | **Containers and packaging – 1.1%** |  |
| AptarGroup, Inc. | &nbsp;&nbsp;24413 | &nbsp;&nbsp;&nbsp;&nbsp;3263042 |
| Crown Holdings, Inc. | &nbsp;&nbsp;42632 | &nbsp;&nbsp;&nbsp;&nbsp;4117825 |
| Graphic Packaging Holding Company | 109780 | &nbsp;&nbsp;&nbsp;&nbsp;2148395 |
| Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;9683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578656 |
| Silgan Holdings, Inc. | &nbsp;&nbsp;32908 | &nbsp;&nbsp;&nbsp;&nbsp;1415373 |
| Sonoco Products Company | &nbsp;&nbsp;36549 | &nbsp;&nbsp;&nbsp;&nbsp;1574896 |
|  |  | &nbsp;&nbsp;&nbsp;13098187 |
| **Metals and mining – 2.2%** | **Metals and mining – 2.2%** |  |
| Alcoa Corp. | &nbsp;&nbsp;95946 | &nbsp;&nbsp;&nbsp;&nbsp;3155664 |
| Carpenter Technology Corp. | &nbsp;&nbsp;18473 | &nbsp;&nbsp;&nbsp;&nbsp;4535860 |
| Cleveland-Cliffs, Inc. (A) | 183319 | &nbsp;&nbsp;&nbsp;&nbsp;2236492 |
| Commercial Metals Company | &nbsp;&nbsp;41478 | &nbsp;&nbsp;&nbsp;&nbsp;2375860 |
| MP Materials Corp. (A) | &nbsp;&nbsp;49876 | &nbsp;&nbsp;&nbsp;&nbsp;3345183 |
| Reliance, Inc. | &nbsp;&nbsp;19490 | &nbsp;&nbsp;&nbsp;&nbsp;5473377 |
| Royal Gold, Inc. | &nbsp;&nbsp;24395 | &nbsp;&nbsp;&nbsp;&nbsp;4893149 |
|  |  | &nbsp;&nbsp;&nbsp;26015585 |
| **Paper and forest products – 0.2%** | **Paper and forest products – 0.2%** |  |
| Louisiana-Pacific Corp. | &nbsp;&nbsp;23484 | &nbsp;&nbsp;&nbsp;&nbsp;2086319 |
|  |  | &nbsp;&nbsp;&nbsp;62295363 |
| **Real estate – 6.4%** |  |  |
| **Diversified REITs – 0.5%** | **Diversified REITs – 0.5%** |  |
| WP Carey, Inc. | &nbsp;&nbsp;81151 | &nbsp;&nbsp;&nbsp;&nbsp;5483373 |
| **Health care REITs – 0.7%** | **Health care REITs – 0.7%** |  |
| Healthcare Realty Trust, Inc. | 130294 | &nbsp;&nbsp;&nbsp;&nbsp;2349201 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care REITs (continued)** | **Health care REITs (continued)** |  |
| Omega Healthcare Investors, Inc. | 109318 | $&nbsp;&nbsp;&nbsp;4615406 |
| Sabra Health Care REIT, Inc. | &nbsp;&nbsp;88860 | &nbsp;&nbsp;&nbsp;1656350 |
|  |  | &nbsp;&nbsp;&nbsp;8620957 |
| **Hotel and resort REITs – 0.1%** | **Hotel and resort REITs – 0.1%** |  |
| Park Hotels & Resorts, Inc. | &nbsp;&nbsp;74084 | &nbsp;&nbsp;&nbsp;&nbsp;820851 |
| **Industrial REITs – 1.0%** | **Industrial REITs – 1.0%** |  |
| EastGroup Properties, Inc. | &nbsp;&nbsp;19736 | &nbsp;&nbsp;&nbsp;3340515 |
| First Industrial Realty Trust, Inc. | &nbsp;&nbsp;49065 | &nbsp;&nbsp;&nbsp;2525376 |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp;87501 | &nbsp;&nbsp;&nbsp;3597166 |
| STAG Industrial, Inc. | &nbsp;&nbsp;69183 | &nbsp;&nbsp;&nbsp;2441468 |
|  |  | 11904525 |
| **Office REITs – 0.6%** | **Office REITs – 0.6%** |  |
| COPT Defense Properties | &nbsp;&nbsp;41758 | &nbsp;&nbsp;&nbsp;1213487 |
| Cousins Properties, Inc. | &nbsp;&nbsp;62244 | &nbsp;&nbsp;&nbsp;1801341 |
| Kilroy Realty Corp. | &nbsp;&nbsp;40329 | &nbsp;&nbsp;&nbsp;1703900 |
| Vornado Realty Trust | &nbsp;&nbsp;59778 | &nbsp;&nbsp;&nbsp;2422802 |
|  |  | &nbsp;&nbsp;&nbsp;7141530 |
| **Real estate management and development – 0.4%** | **Real estate management and development – 0.4%** |  |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;17558 | &nbsp;&nbsp;&nbsp;5237200 |
| **Residential REITs – 0.8%** | **Residential REITs – 0.8%** |  |
| American Homes 4 Rent, Class A | 120747 | &nbsp;&nbsp;&nbsp;4014838 |
| Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;71812 | &nbsp;&nbsp;&nbsp;4358988 |
| Independence Realty Trust, Inc. | &nbsp;&nbsp;86500 | &nbsp;&nbsp;&nbsp;1417735 |
|  |  | &nbsp;&nbsp;&nbsp;9791561 |
| **Retail REITs – 0.9%** | **Retail REITs – 0.9%** |  |
| Agree Realty Corp. | &nbsp;&nbsp;40937 | &nbsp;&nbsp;&nbsp;2908164 |
| Brixmor Property Group, Inc. | 113432 | &nbsp;&nbsp;&nbsp;3139798 |
| Kite Realty Group Trust | &nbsp;&nbsp;81472 | &nbsp;&nbsp;&nbsp;1816826 |
| NNN REIT, Inc. | &nbsp;&nbsp;69957 | &nbsp;&nbsp;&nbsp;2978069 |
|  |  | 10842857 |
| **Specialized REITs – 1.4%** | **Specialized REITs – 1.4%** |  |
| CubeSmart | &nbsp;&nbsp;84503 | &nbsp;&nbsp;&nbsp;3435892 |
| EPR Properties | &nbsp;&nbsp;28206 | &nbsp;&nbsp;&nbsp;1636230 |
| Gaming and Leisure Properties, Inc. | 104874 | &nbsp;&nbsp;&nbsp;4888177 |
| Lamar Advertising Company, Class A | &nbsp;&nbsp;32165 | &nbsp;&nbsp;&nbsp;3937639 |
| National Storage Affiliates Trust | &nbsp;&nbsp;26162 | &nbsp;&nbsp;&nbsp;&nbsp;790616 |
| PotlatchDeltic Corp. | &nbsp;&nbsp;26349 | &nbsp;&nbsp;&nbsp;1073722 |
| Rayonier, Inc. | &nbsp;&nbsp;52558 | &nbsp;&nbsp;&nbsp;1394889 |
|  |  | 17157165 |
|  |  | 77000019 |
| **Utilities – 3.4%** |  |  |
| **Electric utilities – 0.9%** | **Electric utilities – 0.9%** |  |
| ALLETE, Inc. | &nbsp;&nbsp;21457 | &nbsp;&nbsp;&nbsp;1424745 |
| IDACORP, Inc. | &nbsp;&nbsp;20023 | &nbsp;&nbsp;&nbsp;2646039 |
| OGE Energy Corp. | &nbsp;&nbsp;74632 | &nbsp;&nbsp;&nbsp;3453223 |
| Portland General Electric Company | &nbsp;&nbsp;40599 | &nbsp;&nbsp;&nbsp;1786356 |
| TXNM Energy, Inc. | &nbsp;&nbsp;35145 | &nbsp;&nbsp;&nbsp;1987450 |
|  |  | 11297813 |
| **Gas utilities – 1.1%** | **Gas utilities – 1.1%** |  |
| National Fuel Gas Company | &nbsp;&nbsp;33486 | &nbsp;&nbsp;&nbsp;3093102 |
| New Jersey Resources Corp. | &nbsp;&nbsp;37225 | &nbsp;&nbsp;&nbsp;1792384 |
| ONE Gas, Inc. | &nbsp;&nbsp;22233 | &nbsp;&nbsp;&nbsp;1799539 |
| Southwest Gas Holdings, Inc. | &nbsp;&nbsp;23739 | &nbsp;&nbsp;&nbsp;1859713 |
| Spire, Inc. | &nbsp;&nbsp;21873 | &nbsp;&nbsp;&nbsp;1783087 |
| UGI Corp. | &nbsp;&nbsp;79644 | &nbsp;&nbsp;&nbsp;2648959 |
|  |  | 12976784 |
| **Independent power and renewable electricity producers –<br> 0.8%** | **Independent power and renewable electricity producers –<br> 0.8%** |  |
| Ormat Technologies, Inc. | &nbsp;&nbsp;22502 | &nbsp;&nbsp;&nbsp;2165818 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Independent power and renewable electricity<br> producers (continued)** | **Independent power and renewable electricity<br> producers (continued)** |  |
| Talen Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16929 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7201258 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9367076 |
| **Multi-utilities – 0.3%** | **Multi-utilities – 0.3%** |  |
| Black Hills Corp. | &nbsp;&nbsp;&nbsp;&nbsp;26996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662684 |
| Northwestern Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333378 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2996062 |
| **Water utilities – 0.3%** | **Water utilities – 0.3%** |  |
| Essential Utilities, Inc. | &nbsp;&nbsp;103933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4146927 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;40784662 |
| TOTAL COMMON STOCKS (Cost $860,751,673) | TOTAL COMMON STOCKS (Cost $860,751,673) | $1155819436 |
| **SHORT-TERM INVESTMENTS – 3.5%** | **SHORT-TERM INVESTMENTS – 3.5%** |  |
| **Short-term funds – 3.5%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 4151832 | &nbsp;&nbsp;&nbsp;&nbsp;41532438 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $41,533,421) | TOTAL SHORT-TERM INVESTMENTS (Cost $41,533,421) | $&nbsp;&nbsp;&nbsp;&nbsp;41532438 |
| **Total Investments (Mid Cap Index Trust)<br> (Cost $902,285,094) – 100.2%** | **Total Investments (Mid Cap Index Trust)<br> (Cost $902,285,094) – 100.2%** | $**1197351874** |
| **Other assets and liabilities, net – (0.2%)** | **Other assets and liabilities, net – (0.2%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2389126)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**1194962748** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $6,204,519. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $6,346,869. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$40206336 | &nbsp;&nbsp;&nbsp;&nbsp;$39763020 | &nbsp;&nbsp;&nbsp;&nbsp;$(443316) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(443316)** |

---

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

#### Mid Value Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 97.3%** | **COMMON STOCKS – 97.3%** |  |
| **Communication services – 1.0%** |  |  |
| **Interactive media and services – 1.0%** | **Interactive media and services – 1.0%** |  |
| Pinterest, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5890327 |
| **Consumer discretionary – 6.5%** |  |  |
| **Broadline retail – 0.9%** | **Broadline retail – 0.9%** |  |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3319675 |
| Global-e Online, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2342280 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5661955 |
| **Hotels, restaurants and leisure – 0.8%** | **Hotels, restaurants and leisure – 0.8%** |  |
| Aramark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4182221 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652980 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4835201 |
| **Household durables – 1.4%** | **Household durables – 1.4%** |  |
| Installed Building Products, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3384175 |
| PulteGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4680837 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8065012 |
| **Specialty retail – 1.9%** | **Specialty retail – 1.9%** |  |
| Advance Auto Parts, Inc. (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8418063 |

---

#### Mid Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** |  |
| Burlington Stores, Inc. (A) | &nbsp;&nbsp;11725 | $&nbsp;&nbsp;&nbsp;2984013 |
|  |  | 11402076 |
| **Textiles, apparel and luxury goods – 1.5%** | **Textiles, apparel and luxury goods – 1.5%** |  |
| Ralph Lauren Corp. | &nbsp;&nbsp;17249 | &nbsp;&nbsp;&nbsp;5408596 |
| VF Corp. | 262560 | &nbsp;&nbsp;&nbsp;3788741 |
|  |  | &nbsp;&nbsp;&nbsp;9197337 |
|  |  | 39161581 |
| **Consumer staples – 2.6%** |  |  |
| **Food products – 1.5%** | **Food products – 1.5%** |  |
| Lamb Weston Holdings, Inc. | 160469 | &nbsp;&nbsp;&nbsp;9320040 |
| **Personal care products – 1.1%** | **Personal care products – 1.1%** |  |
| Kenvue, Inc. | 390157 | &nbsp;&nbsp;&nbsp;6332248 |
|  |  | 15652288 |
| **Energy – 7.1%** |  |  |
| **Energy equipment and services – 2.0%** | **Energy equipment and services – 2.0%** |  |
| Baker Hughes Company | &nbsp;&nbsp;69586 | &nbsp;&nbsp;&nbsp;3390230 |
| TechnipFMC PLC | 116930 | &nbsp;&nbsp;&nbsp;4612889 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Energy equipment and services (continued)** | **Energy equipment and services (continued)** |  |
| Tidewater, Inc. (A) | &nbsp;&nbsp;81172 | $&nbsp;&nbsp;&nbsp;&nbsp;4328903 |
|  |  | &nbsp;&nbsp;&nbsp;12332022 |
| **Oil, gas and consumable fuels – 5.1%** | **Oil, gas and consumable fuels – 5.1%** |  |
| Expand Energy Corp. | &nbsp;&nbsp;56928 | &nbsp;&nbsp;&nbsp;&nbsp;6048031 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;32212 | &nbsp;&nbsp;&nbsp;&nbsp;6208541 |
| Ovintiv, Inc. | &nbsp;&nbsp;71500 | &nbsp;&nbsp;&nbsp;&nbsp;2887170 |
| Permian Resources Corp. | 244000 | &nbsp;&nbsp;&nbsp;&nbsp;3123200 |
| Phillips 66 | &nbsp;&nbsp;46300 | &nbsp;&nbsp;&nbsp;&nbsp;6297726 |
| South Bow Corp. | &nbsp;&nbsp;42735 | &nbsp;&nbsp;&nbsp;&nbsp;1209244 |
| Viper Energy, Inc., Class A | 119068 | &nbsp;&nbsp;&nbsp;&nbsp;4550779 |
|  |  | &nbsp;&nbsp;&nbsp;30324691 |
|  |  | &nbsp;&nbsp;&nbsp;42656713 |
| **Financials – 20.4%** |  |  |
| **Banks – 5.0%** | **Banks – 5.0%** |  |
| Fifth Third Bancorp | 144455 | &nbsp;&nbsp;&nbsp;&nbsp;6435470 |
| KeyCorp | 271563 | &nbsp;&nbsp;&nbsp;&nbsp;5075512 |
| Popular, Inc. | &nbsp;&nbsp;62166 | &nbsp;&nbsp;&nbsp;&nbsp;7895704 |
| Webster Financial Corp. | &nbsp;&nbsp;75775 | &nbsp;&nbsp;&nbsp;&nbsp;4504066 |
| Western Alliance Bancorp | &nbsp;&nbsp;67619 | &nbsp;&nbsp;&nbsp;&nbsp;5863920 |
|  |  | &nbsp;&nbsp;&nbsp;29774672 |
| **Capital markets – 2.6%** | **Capital markets – 2.6%** |  |
| Lazard, Inc. | 166729 | &nbsp;&nbsp;&nbsp;&nbsp;8799957 |
| Main Street Capital Corp. | &nbsp;&nbsp;56082 | &nbsp;&nbsp;&nbsp;&nbsp;3566254 |
| StepStone Group, Inc., Class A | &nbsp;&nbsp;48684 | &nbsp;&nbsp;&nbsp;&nbsp;3179552 |
|  |  | &nbsp;&nbsp;&nbsp;15545763 |
| **Consumer finance – 0.7%** | **Consumer finance – 0.7%** |  |
| OneMain Holdings, Inc. | &nbsp;&nbsp;49459 | &nbsp;&nbsp;&nbsp;&nbsp;2792455 |
| SLM Corp. | &nbsp;&nbsp;53800 | &nbsp;&nbsp;&nbsp;&nbsp;1489184 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4281639 |
| **Financial services – 4.1%** | **Financial services – 4.1%** |  |
| Corebridge Financial, Inc. | 172711 | &nbsp;&nbsp;&nbsp;&nbsp;5535388 |
| Corpay, Inc. (A) | &nbsp;&nbsp;24019 | &nbsp;&nbsp;&nbsp;&nbsp;6918913 |
| Edenred SE | &nbsp;&nbsp;89057 | &nbsp;&nbsp;&nbsp;&nbsp;2120867 |
| Marqeta, Inc., Class A (A) | 736150 | &nbsp;&nbsp;&nbsp;&nbsp;3886872 |
| Voya Financial, Inc. | &nbsp;&nbsp;80569 | &nbsp;&nbsp;&nbsp;&nbsp;6026561 |
|  |  | &nbsp;&nbsp;&nbsp;24488601 |
| **Insurance – 7.3%** | **Insurance – 7.3%** |  |
| American International Group, Inc. | &nbsp;&nbsp;46700 | &nbsp;&nbsp;&nbsp;&nbsp;3667818 |
| Assurant, Inc. | &nbsp;&nbsp;24198 | &nbsp;&nbsp;&nbsp;&nbsp;5241287 |
| Horace Mann Educators Corp. | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;2484350 |
| Lincoln National Corp. | 111300 | &nbsp;&nbsp;&nbsp;&nbsp;4488729 |
| RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;38975 | &nbsp;&nbsp;&nbsp;&nbsp;9896922 |
| The Allstate Corp. | &nbsp;&nbsp;25107 | &nbsp;&nbsp;&nbsp;&nbsp;5389218 |
| The Hanover Insurance Group, Inc. | &nbsp;&nbsp;33451 | &nbsp;&nbsp;&nbsp;&nbsp;6075705 |
| Willis Towers Watson PLC | &nbsp;&nbsp;17680 | &nbsp;&nbsp;&nbsp;&nbsp;6107556 |
|  |  | &nbsp;&nbsp;&nbsp;43351585 |
| **Mortgage real estate investment trusts – 0.7%** | **Mortgage real estate investment trusts – 0.7%** |  |
| Annaly Capital Management, Inc. | 217100 | &nbsp;&nbsp;&nbsp;&nbsp;4387591 |
|  |  | 121829851 |
| **Health care – 9.8%** |  |  |
| **Biotechnology – 1.8%** | **Biotechnology – 1.8%** |  |
| Alkermes PLC (A) | 164596 | &nbsp;&nbsp;&nbsp;&nbsp;4937880 |
| Neurocrine Biosciences, Inc. (A) | &nbsp;&nbsp;39800 | &nbsp;&nbsp;&nbsp;&nbsp;5587124 |
|  |  | &nbsp;&nbsp;&nbsp;10525004 |
| **Health care equipment and supplies – 3.3%** | **Health care equipment and supplies – 3.3%** |  |
| Baxter International, Inc. | 169324 | &nbsp;&nbsp;&nbsp;&nbsp;3855507 |
| The Cooper Companies, Inc. (A) | &nbsp;&nbsp;76000 | &nbsp;&nbsp;&nbsp;&nbsp;5210560 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care equipment and supplies (continued)** | **Health care equipment and supplies (continued)** |  |
| Zimmer Biomet Holdings, Inc. | 108295 | $10667058 |
|  |  | 19733125 |
| **Health care providers and services – 2.5%** | **Health care providers and services – 2.5%** |  |
| Centene Corp. (A) | &nbsp;&nbsp;70900 | &nbsp;&nbsp;&nbsp;2529712 |
| Concentra Group Holdings Parent, Inc. | 296060 | &nbsp;&nbsp;&nbsp;6196536 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;1913600 |
| Select Medical Holdings Corp. | 340774 | &nbsp;&nbsp;&nbsp;4375538 |
|  |  | 15015386 |
| **Pharmaceuticals – 2.2%** | **Pharmaceuticals – 2.2%** |  |
| Perrigo Company PLC (B) | 361322 | &nbsp;&nbsp;&nbsp;8046641 |
| Viatris, Inc. | 507473 | &nbsp;&nbsp;&nbsp;5023983 |
|  |  | 13070624 |
|  |  | 58344139 |
| **Industrials – 16.1%** |  |  |
| **Aerospace and defense – 3.4%** | **Aerospace and defense – 3.4%** |  |
| Hexcel Corp. (B) | &nbsp;&nbsp;80895 | &nbsp;&nbsp;&nbsp;5072117 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;20550 | &nbsp;&nbsp;&nbsp;6276176 |
| StandardAero, Inc. (A) | 201907 | &nbsp;&nbsp;&nbsp;5510042 |
| Textron, Inc. | &nbsp;&nbsp;38504 | &nbsp;&nbsp;&nbsp;3253203 |
|  |  | 20111538 |
| **Construction and engineering – 1.3%** | **Construction and engineering – 1.3%** |  |
| API Group Corp. (A) | 224404 | &nbsp;&nbsp;&nbsp;7712765 |
| **Electrical equipment – 0.9%** | **Electrical equipment – 0.9%** |  |
| Sensata Technologies Holding PLC | 180043 | &nbsp;&nbsp;&nbsp;5500314 |
| **Ground transportation – 0.9%** | **Ground transportation – 0.9%** |  |
| Saia, Inc. (A) | &nbsp;&nbsp;18006 | &nbsp;&nbsp;&nbsp;5390276 |
| **Machinery – 4.9%** | **Machinery – 4.9%** |  |
| AGCO Corp. | &nbsp;&nbsp;46650 | &nbsp;&nbsp;&nbsp;4994816 |
| Esab Corp. | &nbsp;&nbsp;41570 | &nbsp;&nbsp;&nbsp;4645032 |
| Fortive Corp. | &nbsp;&nbsp;98102 | &nbsp;&nbsp;&nbsp;4806017 |
| JBT Marel Corp. | &nbsp;&nbsp;21800 | &nbsp;&nbsp;&nbsp;3061810 |
| The Middleby Corp. (A) | &nbsp;&nbsp;52183 | &nbsp;&nbsp;&nbsp;6936686 |
| Xylem, Inc. | &nbsp;&nbsp;33800 | &nbsp;&nbsp;&nbsp;4985500 |
|  |  | 29429861 |
| **Passenger airlines – 1.0%** | **Passenger airlines – 1.0%** |  |
| Southwest Airlines Company | 178095 | &nbsp;&nbsp;&nbsp;5683011 |
| **Professional services – 3.0%** | **Professional services – 3.0%** |  |
| Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;1159420 |
| Dayforce, Inc. (A) | &nbsp;&nbsp;43897 | &nbsp;&nbsp;&nbsp;3024064 |
| First Advantage Corp. (A)(B) | 267508 | &nbsp;&nbsp;&nbsp;4116948 |
| SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;57767 | &nbsp;&nbsp;&nbsp;5127399 |
| Verra Mobility Corp. (A) | 187377 | &nbsp;&nbsp;&nbsp;4628212 |
|  |  | 18056043 |
| **Trading companies and distributors – 0.7%** | **Trading companies and distributors – 0.7%** |  |
| SiteOne Landscape Supply, Inc. (A) | &nbsp;&nbsp;32659 | &nbsp;&nbsp;&nbsp;4206479 |
|  |  | 96090287 |
| **Information technology – 14.2%** |  |  |
| **Electronic equipment, instruments and components – 5.9%** | **Electronic equipment, instruments and components – 5.9%** |  |
| Belden, Inc. | &nbsp;&nbsp;25300 | &nbsp;&nbsp;&nbsp;3042831 |
| CDW Corp. | &nbsp;&nbsp;18400 | &nbsp;&nbsp;&nbsp;2930752 |
| Corning, Inc. | 144464 | 11850379 |
| Keysight Technologies, Inc. (A) | &nbsp;&nbsp;56800 | &nbsp;&nbsp;&nbsp;9935456 |
| TE Connectivity PLC | &nbsp;&nbsp;34935 | &nbsp;&nbsp;&nbsp;7669281 |
|  |  | 35428699 |
| **IT services – 0.8%** | **IT services – 0.8%** |  |
| GoDaddy, Inc., Class A (A) | &nbsp;&nbsp;36620 | &nbsp;&nbsp;&nbsp;5010715 |
| **Semiconductors and semiconductor equipment – 3.3%** | **Semiconductors and semiconductor equipment – 3.3%** |  |
| MKS, Inc. | &nbsp;&nbsp;67676 | &nbsp;&nbsp;&nbsp;8376259 |
| Rambus, Inc. (A) | &nbsp;&nbsp;33355 | &nbsp;&nbsp;&nbsp;3475591 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Mid Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Teradyne, Inc. | &nbsp;&nbsp;56900 | $&nbsp;&nbsp;&nbsp;7831716 |
|  |  | 19683566 |
| **Software – 2.6%** | **Software – 2.6%** |  |
| CCC Intelligent Solutions Holdings, Inc. (A) | 467128 | &nbsp;&nbsp;&nbsp;4255536 |
| Clearwater Analytics Holdings, Inc., Class A (A) | 164700 | &nbsp;&nbsp;&nbsp;2967894 |
| DocuSign, Inc. (A) | &nbsp;&nbsp;72366 | &nbsp;&nbsp;&nbsp;5216865 |
| Gitlab, Inc., Class A (A) | &nbsp;&nbsp;61200 | &nbsp;&nbsp;&nbsp;2758896 |
|  |  | 15199191 |
| **Technology hardware, storage and peripherals – 1.6%** | **Technology hardware, storage and peripherals – 1.6%** |  |
| Sandisk Corp. (A) | &nbsp;&nbsp;53850 | &nbsp;&nbsp;&nbsp;6041970 |
| Western Digital Corp. | &nbsp;&nbsp;27906 | &nbsp;&nbsp;&nbsp;3350394 |
|  |  | &nbsp;&nbsp;&nbsp;9392364 |
|  |  | 84714535 |
| **Materials – 6.2%** |  |  |
| **Chemicals – 1.4%** | **Chemicals – 1.4%** |  |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;63997 | &nbsp;&nbsp;&nbsp;4985366 |
| Westlake Corp. | &nbsp;&nbsp;47900 | &nbsp;&nbsp;&nbsp;3691174 |
|  |  | &nbsp;&nbsp;&nbsp;8676540 |
| **Construction materials – 0.6%** | **Construction materials – 0.6%** |  |
| Knife River Corp. (A) | &nbsp;&nbsp;44866 | &nbsp;&nbsp;&nbsp;3448849 |
| **Containers and packaging – 1.7%** | **Containers and packaging – 1.7%** |  |
| International Paper Company | 166802 | &nbsp;&nbsp;&nbsp;7739613 |
| Sealed Air Corp. | &nbsp;&nbsp;66553 | &nbsp;&nbsp;&nbsp;2352649 |
|  |  | 10092262 |
| **Metals and mining – 1.8%** | **Metals and mining – 1.8%** |  |
| Franco-Nevada Corp. | &nbsp;&nbsp;30608 | &nbsp;&nbsp;&nbsp;6812848 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;16366 | &nbsp;&nbsp;&nbsp;&nbsp;641875 |
| OR Royalties, Inc. | &nbsp;&nbsp;84600 | &nbsp;&nbsp;&nbsp;3390808 |
|  |  | 10845531 |
| **Paper and forest products – 0.7%** | **Paper and forest products – 0.7%** |  |
| Stora Enso OYJ, R Shares | 355795 | &nbsp;&nbsp;&nbsp;3915493 |
|  |  | 36978675 |
| **Real estate – 6.9%** |  |  |
| **Health care REITs – 0.6%** | **Health care REITs – 0.6%** |  |
| Healthcare Realty Trust, Inc. | 219967 | &nbsp;&nbsp;&nbsp;3966005 |
| **Industrial REITs – 0.8%** | **Industrial REITs – 0.8%** |  |
| Rexford Industrial Realty, Inc. | 115921 | &nbsp;&nbsp;&nbsp;4765512 |
| **Office REITs – 0.7%** | **Office REITs – 0.7%** |  |
| Vornado Realty Trust | &nbsp;&nbsp;98776 | &nbsp;&nbsp;&nbsp;4003391 |
| **Real estate management and development – 0.7%** | **Real estate management and development – 0.7%** |  |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;13644 | &nbsp;&nbsp;&nbsp;4069732 |
| **Residential REITs – 2.9%** | **Residential REITs – 2.9%** |  |
| Apartment Investment and Management Company, Class A | 401057 | &nbsp;&nbsp;&nbsp;3180382 |
| Equity Residential | &nbsp;&nbsp;86831 | &nbsp;&nbsp;&nbsp;5620571 |
| Sun Communities, Inc. | &nbsp;&nbsp;64846 | &nbsp;&nbsp;&nbsp;8365134 |
|  |  | 17166087 |
| **Retail REITs – 1.0%** | **Retail REITs – 1.0%** |  |
| Regency Centers Corp. | &nbsp;&nbsp;82812 | &nbsp;&nbsp;&nbsp;6036995 |
| **Specialized REITs – 0.2%** | **Specialized REITs – 0.2%** |  |
| Weyerhaeuser Company | &nbsp;&nbsp;61152 | &nbsp;&nbsp;&nbsp;1515958 |
|  |  | 41523680 |
| **Utilities – 6.5%** |  |  |
| **Electric utilities – 2.2%** | **Electric utilities – 2.2%** |  |
| FirstEnergy Corp. | 153174 | &nbsp;&nbsp;&nbsp;7018433 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electric utilities (continued)** | **Electric utilities (continued)** |  |
| PG&E Corp. | &nbsp;&nbsp;&nbsp;&nbsp;403830 | $&nbsp;&nbsp;&nbsp;&nbsp;6089756 |
|  |  | &nbsp;&nbsp;&nbsp;13108189 |
| **Multi-utilities – 4.3%** | **Multi-utilities – 4.3%** |  |
| Ameren Corp. | &nbsp;&nbsp;&nbsp;&nbsp;75884 | &nbsp;&nbsp;&nbsp;&nbsp;7920772 |
| CenterPoint Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;138974 | &nbsp;&nbsp;&nbsp;&nbsp;5392191 |
| Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;5026000 |
| Dominion Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;123730 | &nbsp;&nbsp;&nbsp;&nbsp;7568564 |
|  |  | &nbsp;&nbsp;&nbsp;25907527 |
|  |  | &nbsp;&nbsp;&nbsp;39015716 |
| TOTAL COMMON STOCKS (Cost $498,365,736) | TOTAL COMMON STOCKS (Cost $498,365,736) | $581857792 |
| **CONVERTIBLE BONDS - 0.4%** |  |  |
| **Information technology - 0.4%** |  |  |
| Wolfspeed, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.250%, 02/15/2028 (C) | $&nbsp;&nbsp;&nbsp;&nbsp;978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440100 |
| &nbsp;&nbsp;&nbsp;1.875%, 12/01/2029 (C) | &nbsp;&nbsp;3436000 | &nbsp;&nbsp;&nbsp;&nbsp;1546200 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1986300 |
| TOTAL CONVERTIBLE BONDS (Cost $2,801,691) | TOTAL CONVERTIBLE BONDS (Cost $2,801,691) | $&nbsp;&nbsp;&nbsp;&nbsp;1986300 |
| **SHORT-TERM INVESTMENTS – 2.7%** | **SHORT-TERM INVESTMENTS – 2.7%** |  |
| **Short-term funds – 2.7%** |  |  |
| John Hancock Collateral Trust, 4.0668% (D)(E) | &nbsp;&nbsp;&nbsp;&nbsp;99966 | &nbsp;&nbsp;&nbsp;&nbsp;1000000 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (D) | &nbsp;&nbsp;3451467 | &nbsp;&nbsp;&nbsp;&nbsp;3451467 |
| T. Rowe Price Government Reserve Fund, 4.1621% (D) | 11813629 | &nbsp;&nbsp;&nbsp;11813629 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $16,265,096) | TOTAL SHORT-TERM INVESTMENTS (Cost $16,265,096) | $&nbsp;&nbsp;&nbsp;16265096 |
| **Total Investments (Mid Value Trust)<br> (Cost $517,432,523) – 100.4%** | **Total Investments (Mid Value Trust)<br> (Cost $517,432,523) – 100.4%** | $**600109188** |
| **Other assets and liabilities, net – (0.4%)** | **Other assets and liabilities, net – (0.4%)** | &nbsp;&nbsp;&nbsp;**(2239668)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**597869520** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $19,033,260. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $18,424,982 in the form of U.S. Treasuries was pledged to the fund. |
| (C) | Non-income producing - Issuer is in default. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Opportunistic Fixed Income Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS - 31.3%** |  |  |
| **U.S. Government - 3.7%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 05/15/2055 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121679 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5504 |
| U.S. Treasury Inflation<br> Protected Securities |  |  |
| &nbsp;&nbsp;&nbsp;0.125%, 02/15/2051 to 02/15/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079522 |
| &nbsp;&nbsp;&nbsp;0.250%, 02/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452911 |
| &nbsp;&nbsp;&nbsp;2.125%, 02/15/2054 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1816395 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |  |  |
| **U.S. Government (continued)** |  |  |  |
| U.S. Treasury Inflation<br> Protected Securities (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;2.375%, 02/15/2055 (A) | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1878508 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1833747 |
| U.S. Treasury Notes<br> 4.250%, 05/15/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71957 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5381715 |
| **U.S. Government Agency - 27.6%** |  |  |  |
| Federal Home Loan Mortgage Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 07/01/2040 (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74411 |
| &nbsp;&nbsp;&nbsp;5.500%, 11/01/2054 to 09/01/2055 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282691 |
| Federal National Mortgage Association |  |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518089 |
| &nbsp;&nbsp;&nbsp;4.000%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37692 |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1199090 |
| &nbsp;&nbsp;&nbsp;5.000%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4448604 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/01/2040 (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148779 |
| &nbsp;&nbsp;&nbsp;5.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5102000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5159532 |
| &nbsp;&nbsp;&nbsp;6.000%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21217000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21670760 |
| &nbsp;&nbsp;&nbsp;6.000%, 07/01/2038 to 09/01/2038 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266229 |
| &nbsp;&nbsp;&nbsp;6.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1312416 |
| Government National<br> Mortgage Association |  |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318742 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/20/2052 to 05/20/2053 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1094870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1039723 |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509248 |
| &nbsp;&nbsp;&nbsp;4.500%, 11/20/2052 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534911 |
| &nbsp;&nbsp;&nbsp;6.000%, TBA (B) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10171 |
| &nbsp;&nbsp;&nbsp;6.000%, 04/20/2055 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752667 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39283755 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $44,696,579) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $44,696,579) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $44,696,579) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44665470 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 42.6%** | **FOREIGN GOVERNMENT OBLIGATIONS - 42.6%** | **FOREIGN GOVERNMENT OBLIGATIONS - 42.6%** |  |
| **Argentina - 0.3%** |  |  |  |
| Republic of Argentina |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, (4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327285 |
| &nbsp;&nbsp;&nbsp;29.500%, 05/30/2030 | ARS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57296 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384581 |
| **Australia - 2.3%** |  |  |  |
| Commonwealth of Australia<br> 1.750%, 06/21/2051 | AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2527578 |
| Commonwealth of Australia, Inflation-Linked Bond<br> 1.252%, 02/21/2050 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;789968 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3317546 |
| **Brazil - 6.9%** |  |  |  |
| Federative Republic of Brazil |  |  |  |
| &nbsp;&nbsp;&nbsp;6.000%, 05/15/2035 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1837287 |
| &nbsp;&nbsp;&nbsp;10.000%, 01/01/2027 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102981 |
| &nbsp;&nbsp;&nbsp;10.000%, 01/01/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36411000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6457080 |
| &nbsp;&nbsp;&nbsp;10.000%, 01/01/2031 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696872 |
| &nbsp;&nbsp;&nbsp;10.000%, 01/01/2033 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45351 |
| &nbsp;&nbsp;&nbsp;10.000%, 01/01/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619770 |
| &nbsp;&nbsp;&nbsp;13.085%, 01/01/2028 (C) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82128 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9841469 |
| **Chile - 0.1%** |  |  |  |
| Republic of Chile |  |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, 09/01/2030 (D) | CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55936 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90213 |
| &nbsp;&nbsp;&nbsp;6.000%, 01/01/2043 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16465 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Chile (continued)** |  |  |
| Republic of Chile (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, 05/01/2034 (D) | &nbsp;&nbsp;&nbsp;&nbsp;10000000 | $&nbsp;&nbsp;&nbsp;&nbsp;11763 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;174377 |
| **Colombia - 3.2%** |  |  |
| Republic of Colombia |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 02/25/2037 | 6919789706 | 1421409 |
| &nbsp;&nbsp;&nbsp;4.750%, 04/04/2035 | 6404801079 | 1493336 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/20/2041 | 3350385777 | &nbsp;&nbsp;&nbsp;&nbsp;760556 |
| &nbsp;&nbsp;&nbsp;5.625%, 02/19/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;249778 |
| &nbsp;&nbsp;&nbsp;6.250%, 07/09/2036 | &nbsp;&nbsp;499700000 | &nbsp;&nbsp;&nbsp;&nbsp;87980 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/26/2031 | &nbsp;&nbsp;104300000 | &nbsp;&nbsp;&nbsp;&nbsp;22129 |
| &nbsp;&nbsp;&nbsp;7.000%, 06/30/2032 | &nbsp;&nbsp;495200000 | &nbsp;&nbsp;&nbsp;&nbsp;101050 |
| &nbsp;&nbsp;&nbsp;7.250%, 10/18/2034 | &nbsp;&nbsp;492700000 | &nbsp;&nbsp;&nbsp;&nbsp;96893 |
| &nbsp;&nbsp;&nbsp;7.750%, 09/18/2030 | &nbsp;&nbsp;&nbsp;&nbsp;86900000 | &nbsp;&nbsp;&nbsp;&nbsp;19596 |
| &nbsp;&nbsp;&nbsp;9.250%, 05/28/2042 | &nbsp;&nbsp;872000000 | &nbsp;&nbsp;&nbsp;&nbsp;181326 |
| &nbsp;&nbsp;&nbsp;11.750%, 01/24/2035 | &nbsp;&nbsp;210500000 | &nbsp;&nbsp;&nbsp;&nbsp;53705 |
| &nbsp;&nbsp;&nbsp;13.250%, 02/09/2033 | &nbsp;&nbsp;188300000 | &nbsp;&nbsp;&nbsp;&nbsp;51881 |
|  |  | 4539639 |
| **Czech Republic - 0.3%** |  |  |
| Czech Republic |  |  |
| &nbsp;&nbsp;&nbsp;1.200%, 03/13/2031 | &nbsp;&nbsp;&nbsp;&nbsp;1270000 | &nbsp;&nbsp;&nbsp;&nbsp;52548 |
| &nbsp;&nbsp;&nbsp;1.500%, 04/24/2040 | &nbsp;&nbsp;&nbsp;&nbsp;1530000 | &nbsp;&nbsp;&nbsp;&nbsp;48438 |
| &nbsp;&nbsp;&nbsp;1.950%, 07/30/2037 | &nbsp;&nbsp;&nbsp;&nbsp;1150000 | &nbsp;&nbsp;&nbsp;&nbsp;41824 |
| &nbsp;&nbsp;&nbsp;2.000%, 10/13/2033 | &nbsp;&nbsp;&nbsp;&nbsp;1060000 | &nbsp;&nbsp;&nbsp;&nbsp;42735 |
| &nbsp;&nbsp;&nbsp;3.500%, 05/30/2035 | &nbsp;&nbsp;&nbsp;&nbsp;4010000 | &nbsp;&nbsp;&nbsp;&nbsp;177811 |
| &nbsp;&nbsp;&nbsp;4.500%, 11/11/2032 | &nbsp;&nbsp;&nbsp;&nbsp;1770000 | &nbsp;&nbsp;&nbsp;&nbsp;86225 |
| &nbsp;&nbsp;&nbsp;4.900%, 04/14/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;25789 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;475370 |
| **Gabon - 0.1%** |  |  |
| Republic of Gabon<br> 6.625%, 02/06/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;160839 |
| **Germany - 3.8%** |  |  |
| Federal Republic of Germany,<br> Inflation-Linked Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.100%, 04/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836305 | &nbsp;&nbsp;&nbsp;&nbsp;934405 |
| &nbsp;&nbsp;&nbsp;0.100%, 04/15/2046 | &nbsp;&nbsp;&nbsp;&nbsp;1510448 | 1394148 |
| &nbsp;&nbsp;&nbsp;0.500%, 04/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;2656452 | 3106053 |
|  |  | 5434606 |
| **Ghana - 0.1%** |  |  |
| Republic of Ghana |  |  |
| &nbsp;&nbsp;&nbsp;4.757%, 07/03/2026 (C)(D) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3860 |
| &nbsp;&nbsp;&nbsp;5.000%, (5.000% to 7-3-28, then 6.000% thereafter), 07/03/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60500 | &nbsp;&nbsp;&nbsp;&nbsp;58825 |
| &nbsp;&nbsp;&nbsp;5.000%, (5.000% to 7-3-28, then 6.000% thereafter), 07/03/2035 (D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87000 | &nbsp;&nbsp;&nbsp;&nbsp;73218 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;135903 |
| **Hungary - 0.5%** |  |  |
| Republic of Hungary |  |  |
| &nbsp;&nbsp;&nbsp;1.625%, 04/28/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;540058 |
| &nbsp;&nbsp;&nbsp;2.250%, 06/22/2034 | &nbsp;&nbsp;&nbsp;&nbsp;10250000 | &nbsp;&nbsp;&nbsp;&nbsp;21793 |
| &nbsp;&nbsp;&nbsp;3.000%, 10/27/2038 | &nbsp;&nbsp;&nbsp;&nbsp;38590000 | &nbsp;&nbsp;&nbsp;&nbsp;77066 |
| &nbsp;&nbsp;&nbsp;7.000%, 10/24/2035 | &nbsp;&nbsp;&nbsp;&nbsp;15690000 | &nbsp;&nbsp;&nbsp;&nbsp;47635 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;686552 |
| **Iceland - 1.6%** |  |  |
| Republic of Iceland |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 02/17/2042 | &nbsp;&nbsp;&nbsp;&nbsp;24335000 | &nbsp;&nbsp;&nbsp;&nbsp;155479 |
| &nbsp;&nbsp;&nbsp;5.000%, 11/15/2028 | &nbsp;&nbsp;165490000 | 1283809 |
| &nbsp;&nbsp;&nbsp;6.500%, 02/15/2038 | &nbsp;&nbsp;&nbsp;&nbsp;97335000 | &nbsp;&nbsp;&nbsp;&nbsp;779322 |
|  |  | 2218610 |
| **India - 2.2%** |  |  |
| Republic of India |  |  |
| &nbsp;&nbsp;&nbsp;6.330%, 05/05/2035 | &nbsp;&nbsp;&nbsp;&nbsp;17900000 | &nbsp;&nbsp;&nbsp;&nbsp;198086 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **India (continued)** |  |  |  |
| Republic of India (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;6.790%, 10/07/2034 | INR | &nbsp;&nbsp;188250000 | $2133901 |
| &nbsp;&nbsp;&nbsp;6.790%, 12/02/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;12396 |
| &nbsp;&nbsp;&nbsp;7.300%, 06/19/2053 |  | &nbsp;&nbsp;&nbsp;&nbsp;70570000 | &nbsp;&nbsp;&nbsp;&nbsp;799770 |
|  |  |  | 3144153 |
| **Indonesia - 0.7%** |  |  |  |
| Republic of Indonesia |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 08/15/2028 | IDR | &nbsp;&nbsp;840000000 | &nbsp;&nbsp;&nbsp;&nbsp;51864 |
| &nbsp;&nbsp;&nbsp;6.500%, 07/15/2030 |  | 2031000000 | &nbsp;&nbsp;&nbsp;&nbsp;126864 |
| &nbsp;&nbsp;&nbsp;6.500%, 02/15/2031 |  | 1983000000 | &nbsp;&nbsp;&nbsp;&nbsp;123206 |
| &nbsp;&nbsp;&nbsp;6.625%, 05/15/2033 |  | &nbsp;&nbsp;430000000 | &nbsp;&nbsp;&nbsp;&nbsp;26318 |
| &nbsp;&nbsp;&nbsp;6.875%, 04/15/2029 |  | 1179000000 | &nbsp;&nbsp;&nbsp;&nbsp;74032 |
| &nbsp;&nbsp;&nbsp;7.000%, 09/15/2030 |  | 1314000000 | &nbsp;&nbsp;&nbsp;&nbsp;83177 |
| &nbsp;&nbsp;&nbsp;7.000%, 02/15/2033 |  | 2096000000 | &nbsp;&nbsp;&nbsp;&nbsp;130982 |
| &nbsp;&nbsp;&nbsp;7.125%, 06/15/2038 |  | 2656000000 | &nbsp;&nbsp;&nbsp;&nbsp;164378 |
| &nbsp;&nbsp;&nbsp;7.125%, 06/15/2042 |  | &nbsp;&nbsp;271000000 | &nbsp;&nbsp;&nbsp;&nbsp;16658 |
| &nbsp;&nbsp;&nbsp;7.125%, 06/15/2043 |  | &nbsp;&nbsp;325000000 | &nbsp;&nbsp;&nbsp;&nbsp;19948 |
| &nbsp;&nbsp;&nbsp;7.500%, 08/15/2032 |  | 1925000000 | &nbsp;&nbsp;&nbsp;&nbsp;123530 |
| &nbsp;&nbsp;&nbsp;7.500%, 05/15/2038 |  | &nbsp;&nbsp;186000000 | &nbsp;&nbsp;&nbsp;&nbsp;11846 |
| &nbsp;&nbsp;&nbsp;8.250%, 05/15/2036 |  | &nbsp;&nbsp;514000000 | &nbsp;&nbsp;&nbsp;&nbsp;35050 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;987853 |
| **Japan - 2.0%** |  |  |  |
| Government of Japan |  |  |  |
| &nbsp;&nbsp;&nbsp;2.400%, 03/20/2045 | JPY | &nbsp;&nbsp;125550000 | &nbsp;&nbsp;&nbsp;&nbsp;826080 |
| &nbsp;&nbsp;&nbsp;2.400%, 03/20/2055 |  | &nbsp;&nbsp;&nbsp;&nbsp;95900000 | &nbsp;&nbsp;&nbsp;&nbsp;564325 |
| Government of Japan, CPI-Linked Bond<br> 0.005%, 03/10/2035 |  | &nbsp;&nbsp;211770884 | 1424381 |
|  |  |  | 2814786 |
| **Malaysia - 0.6%** |  |  |  |
| Government of Malaysia |  |  |  |
| &nbsp;&nbsp;&nbsp;2.632%, 04/15/2031 | MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453000 | &nbsp;&nbsp;&nbsp;&nbsp;103863 |
| &nbsp;&nbsp;&nbsp;3.582%, 07/15/2032 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314000 | &nbsp;&nbsp;&nbsp;&nbsp;75309 |
| &nbsp;&nbsp;&nbsp;3.757%, 05/22/2040 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;64298 |
| &nbsp;&nbsp;&nbsp;3.828%, 07/05/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;136216 |
| &nbsp;&nbsp;&nbsp;3.885%, 08/15/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691000 | &nbsp;&nbsp;&nbsp;&nbsp;168122 |
| &nbsp;&nbsp;&nbsp;4.254%, 05/31/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721000 | &nbsp;&nbsp;&nbsp;&nbsp;181753 |
| &nbsp;&nbsp;&nbsp;4.457%, 03/31/2053 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;27624 |
| &nbsp;&nbsp;&nbsp;4.642%, 11/07/2033 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269000 | &nbsp;&nbsp;&nbsp;&nbsp;68871 |
| &nbsp;&nbsp;&nbsp;4.696%, 10/15/2042 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139000 | &nbsp;&nbsp;&nbsp;&nbsp;36758 |
| &nbsp;&nbsp;&nbsp;4.893%, 06/08/2038 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;32048 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;894862 |
| **Mexico - 1.0%** |  |  |  |
| Government of Mexico |  |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 11/27/2031 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;1657858 | &nbsp;&nbsp;&nbsp;&nbsp;81793 |
| &nbsp;&nbsp;&nbsp;5.625%, 03/19/2114 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;96963 |
| &nbsp;&nbsp;&nbsp;7.500%, 05/26/2033 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;2062800 | &nbsp;&nbsp;&nbsp;&nbsp;106338 |
| &nbsp;&nbsp;&nbsp;7.622%, 09/02/2027 (C) |  | &nbsp;&nbsp;&nbsp;&nbsp;3152510 | &nbsp;&nbsp;&nbsp;&nbsp;149169 |
| &nbsp;&nbsp;&nbsp;7.750%, 11/23/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 |
| &nbsp;&nbsp;&nbsp;7.750%, 11/13/2042 |  | &nbsp;&nbsp;&nbsp;&nbsp;4593600 | &nbsp;&nbsp;&nbsp;&nbsp;218173 |
| &nbsp;&nbsp;&nbsp;7.785%, 07/08/2027 (C) |  | &nbsp;&nbsp;&nbsp;&nbsp;3380150 | &nbsp;&nbsp;&nbsp;&nbsp;161340 |
| &nbsp;&nbsp;&nbsp;8.000%, 05/24/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305700 | &nbsp;&nbsp;&nbsp;&nbsp;15872 |
| &nbsp;&nbsp;&nbsp;8.000%, 02/21/2036 |  | &nbsp;&nbsp;&nbsp;&nbsp;3234100 | &nbsp;&nbsp;&nbsp;&nbsp;166847 |
| &nbsp;&nbsp;&nbsp;8.000%, 11/07/2047 |  | &nbsp;&nbsp;&nbsp;&nbsp;2021900 | &nbsp;&nbsp;&nbsp;&nbsp;96827 |
| &nbsp;&nbsp;&nbsp;8.000%, 07/31/2053 |  | &nbsp;&nbsp;&nbsp;&nbsp;1747300 | &nbsp;&nbsp;&nbsp;&nbsp;82961 |
| &nbsp;&nbsp;&nbsp;8.500%, 03/01/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;3315800 | &nbsp;&nbsp;&nbsp;&nbsp;183274 |
| &nbsp;&nbsp;&nbsp;8.500%, 05/31/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568900 | &nbsp;&nbsp;&nbsp;&nbsp;31458 |
|  |  |  | 1391067 |
| **New Zealand - 3.4%** |  |  |  |
| Government of New Zealand,<br> Inflation-Linked Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;3.302%, 09/20/2040 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;2860000 | 2104810 |
| &nbsp;&nbsp;&nbsp;3.337%, 09/20/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;3570000 | 2789385 |
|  |  |  | 4894195 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Norway - 7.1%** |  |  |  |
| Kingdom of Norway |  |  |  |
| &nbsp;&nbsp;&nbsp;1.250%, 09/17/2031 (D) | NOK | 42940000 | $&nbsp;&nbsp;&nbsp;3694147 |
| &nbsp;&nbsp;&nbsp;1.375%, 08/19/2030 (D) |  | 37180000 | &nbsp;&nbsp;&nbsp;3307644 |
| &nbsp;&nbsp;&nbsp;1.750%, 09/06/2029 (D) |  | 18155000 | &nbsp;&nbsp;&nbsp;1678083 |
| &nbsp;&nbsp;&nbsp;3.000%, 08/15/2033 (D) |  | 15870000 | &nbsp;&nbsp;&nbsp;1484081 |
|  |  |  | 10163955 |
| **Peru - 0.1%** |  |  |  |
| Republic of Peru |  |  |  |
| &nbsp;&nbsp;&nbsp;5.350%, 08/12/2040 | PEN | &nbsp;&nbsp;&nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28302 |
| &nbsp;&nbsp;&nbsp;5.400%, 08/12/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;62000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17282 |
| &nbsp;&nbsp;&nbsp;6.150%, 08/12/2032 |  | &nbsp;&nbsp;&nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23815 |
| &nbsp;&nbsp;&nbsp;6.900%, 08/12/2037 |  | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7514 |
| &nbsp;&nbsp;&nbsp;6.950%, 08/12/2031 |  | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47872 |
| &nbsp;&nbsp;&nbsp;7.600%, 08/12/2039 (D) |  | &nbsp;&nbsp;&nbsp;&nbsp;239000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75214 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;199999 |
| **Poland - 0.4%** |  |  |  |
| Republic of Poland |  |  |  |
| &nbsp;&nbsp;&nbsp;1.750%, 04/25/2032 | PLN | &nbsp;&nbsp;&nbsp;&nbsp;249000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55942 |
| &nbsp;&nbsp;&nbsp;2.500%, 07/25/2027 |  | &nbsp;&nbsp;&nbsp;&nbsp;131000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34969 |
| &nbsp;&nbsp;&nbsp;4.750%, 07/25/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;251000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69301 |
| &nbsp;&nbsp;&nbsp;5.000%, 10/25/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;664000 | &nbsp;&nbsp;&nbsp;&nbsp;177818 |
| &nbsp;&nbsp;&nbsp;5.000%, 10/25/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;273000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72441 |
| &nbsp;&nbsp;&nbsp;6.000%, 10/25/2033 |  | &nbsp;&nbsp;&nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;110685 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;521156 |
| **Romania - 1.2%** |  |  |  |
| Republic of Romania |  |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 10/11/2034 | RON | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;109972 |
| &nbsp;&nbsp;&nbsp;5.000%, 02/12/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20433 |
| &nbsp;&nbsp;&nbsp;6.700%, 02/25/2032 |  | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32346 |
| &nbsp;&nbsp;&nbsp;6.750%, 04/25/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86723 |
| &nbsp;&nbsp;&nbsp;6.750%, 07/11/2039 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;1040955 |
| &nbsp;&nbsp;&nbsp;7.650%, 07/27/2031 | RON | &nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;177554 |
| &nbsp;&nbsp;&nbsp;8.000%, 04/29/2030 |  | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35430 |
| &nbsp;&nbsp;&nbsp;8.250%, 09/29/2032 |  | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82134 |
| &nbsp;&nbsp;&nbsp;8.750%, 10/30/2028 |  | &nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99366 |
|  |  |  | &nbsp;&nbsp;&nbsp;1684913 |
| **South Africa - 1.5%** |  |  |  |
| Republic of South Africa |  |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 03/31/2036 | ZAR | &nbsp;&nbsp;2327000 | &nbsp;&nbsp;&nbsp;&nbsp;106656 |
| &nbsp;&nbsp;&nbsp;7.000%, 02/28/2031 |  | &nbsp;&nbsp;2215000 | &nbsp;&nbsp;&nbsp;&nbsp;121515 |
| &nbsp;&nbsp;&nbsp;7.000%, 02/28/2031 |  | &nbsp;&nbsp;1345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73787 |
| &nbsp;&nbsp;&nbsp;8.000%, 01/31/2030 |  | &nbsp;&nbsp;&nbsp;&nbsp;234000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13552 |
| &nbsp;&nbsp;&nbsp;8.250%, 03/31/2032 |  | &nbsp;&nbsp;1201000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68494 |
| &nbsp;&nbsp;&nbsp;8.500%, 01/31/2037 |  | &nbsp;&nbsp;4089000 | &nbsp;&nbsp;&nbsp;&nbsp;217638 |
| &nbsp;&nbsp;&nbsp;8.750%, 01/31/2044 |  | &nbsp;&nbsp;2718000 | &nbsp;&nbsp;&nbsp;&nbsp;136745 |
| &nbsp;&nbsp;&nbsp;8.750%, 02/28/2048 |  | &nbsp;&nbsp;1424000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71113 |
| &nbsp;&nbsp;&nbsp;9.000%, 01/31/2040 |  | &nbsp;&nbsp;1386000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73434 |
| &nbsp;&nbsp;&nbsp;9.875%, 09/30/2039 |  | &nbsp;&nbsp;1029000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59451 |
| &nbsp;&nbsp;&nbsp;11.625%, 03/31/2053 |  | &nbsp;&nbsp;&nbsp;&nbsp;627000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40950 |
| Republic of South Africa,<br> CPI-Linked Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;1.875%, 02/28/2033 |  | 22618223 | &nbsp;&nbsp;&nbsp;1067644 |
| &nbsp;&nbsp;&nbsp;2.500%, 03/31/2046 |  | &nbsp;&nbsp;1193862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47184 |
|  |  |  | &nbsp;&nbsp;&nbsp;2098163 |
| **Thailand - 0.6%** |  |  |  |
| Kingdom of Thailand |  |  |  |
| &nbsp;&nbsp;&nbsp;1.585%, 12/17/2035 | THB | &nbsp;&nbsp;3940000 | &nbsp;&nbsp;&nbsp;&nbsp;122744 |
| &nbsp;&nbsp;&nbsp;1.600%, 06/17/2035 |  | &nbsp;&nbsp;&nbsp;&nbsp;917000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28644 |
| &nbsp;&nbsp;&nbsp;2.000%, 12/17/2031 |  | &nbsp;&nbsp;4406000 | &nbsp;&nbsp;&nbsp;&nbsp;141366 |
| &nbsp;&nbsp;&nbsp;2.000%, 06/17/2042 |  | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9875 |
| &nbsp;&nbsp;&nbsp;2.410%, 03/17/2035 |  | &nbsp;&nbsp;2941000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98365 |
| &nbsp;&nbsp;&nbsp;2.800%, 06/17/2034 |  | &nbsp;&nbsp;1260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43178 |
| &nbsp;&nbsp;&nbsp;2.875%, 12/17/2028 |  | &nbsp;&nbsp;3746000 | &nbsp;&nbsp;&nbsp;&nbsp;121682 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Thailand (continued)** |  |  |
| Kingdom of Thailand (continued) |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 06/17/2046 | &nbsp;&nbsp;775000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26973 |
| &nbsp;&nbsp;&nbsp;3.350%, 06/17/2033 | 4861000 | &nbsp;&nbsp;&nbsp;&nbsp;171069 |
| &nbsp;&nbsp;&nbsp;3.450%, 06/17/2043 | 2449000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92552 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;856448 |
| **Turkey - 0.2%** |  |  |
| Republic of Turkey |  |  |
| &nbsp;&nbsp;&nbsp;26.200%, 10/05/2033 | 6355840 | &nbsp;&nbsp;&nbsp;&nbsp;141097 |
| &nbsp;&nbsp;&nbsp;27.700%, 09/27/2034 | 4424000 | &nbsp;&nbsp;&nbsp;&nbsp;101510 |
| &nbsp;&nbsp;&nbsp;30.000%, 09/12/2029 | 2872000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63688 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;306295 |
| **United Kingdom - 2.3%** |  |  |
| United Kingdom of Great Britain<br> 0.500%, 10/22/2061 | 2020000 | &nbsp;&nbsp;&nbsp;&nbsp;660816 |
| United Kingdom of Great Britain,<br> Inflation-Linked GILT |  |  |
| &nbsp;&nbsp;&nbsp;0.125%, 03/22/2051 | 1118545 | &nbsp;&nbsp;&nbsp;&nbsp;858125 |
| &nbsp;&nbsp;&nbsp;0.250%, 03/22/2052 | &nbsp;&nbsp;922862 | &nbsp;&nbsp;&nbsp;&nbsp;722832 |
| &nbsp;&nbsp;&nbsp;0.500%, 03/22/2050 | &nbsp;&nbsp;637572 | &nbsp;&nbsp;&nbsp;&nbsp;558830 |
| &nbsp;&nbsp;&nbsp;1.250%, 11/22/2054 | &nbsp;&nbsp;461308 | &nbsp;&nbsp;&nbsp;&nbsp;472274 |
|  |  | &nbsp;&nbsp;&nbsp;3272877 |
| **Uruguay - 0.1%** |  |  |
| Republic of Uruguay<br> 9.750%, 07/20/2033 | 2502000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68724 |
| TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $60,324,605) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $60,324,605) | $60668938 |
| **CORPORATE BONDS - 11.6%** | **CORPORATE BONDS - 11.6%** |  |
| **Belgium - 0.2%** |  |  |
| KBC Group NV<br> 6.000%, (6.000% to 11-27-30, then 5 Year EURIBOR ICE Swap Rate + 3.806%), 11/27/2030 (E) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;241479 |
| **Canada - 0.8%** |  |  |
| AltaGas, Ltd.<br> 7.200%, (7.200% to 10-15-34, then 5 Year CMT + 3.573%), 10/15/2054 (D) | $&nbsp;&nbsp;&nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96200 |
| Bausch Health Companies, Inc.<br> 4.875%, 06/01/2028 (D) | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22375 |
| Bell Canada<br> 7.000%, (7.000% to 9-15-35, then 5 Year CMT + 2.363%), 09/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43894 |
| Brookfield Finance, Inc.<br> 5.330%, 01/15/2036 | &nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;180950 |
| Emera, Inc.<br> 6.750%, (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%), 06/15/2076 | &nbsp;&nbsp;126000 | &nbsp;&nbsp;&nbsp;&nbsp;126646 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080 | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14135 |
| &nbsp;&nbsp;&nbsp;8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084 | &nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62904 |
| Garda World Security Corp.<br> 6.000%, 06/01/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9914 |
| goeasy, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 02/15/2031 (D) | &nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92035 |
| &nbsp;&nbsp;&nbsp;7.375%, 10/01/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25125 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Canada (continued)** |  |  |
| Great Canadian Gaming Corp.<br> 8.750%, 11/15/2029 (D) | $&nbsp;&nbsp;70000 | $&nbsp;&nbsp;&nbsp;&nbsp;69219 |
| Mercer International, Inc.<br> 5.125%, 02/01/2029 | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;58969 |
| Ontario Gaming GTA LP<br> 8.000%, 08/01/2030 (D) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;69557 |
| South Bow Canadian Infrastructure Holdings, Ltd.<br> 7.625%, (7.625% to 3-1-30, then 5 Year CMT + 3.949%), 03/01/2055 | &nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;35523 |
| TELUS Corp.<br> 7.000%, (7.000% to 10-15-35, then 5 Year CMT + 2.709%), 10/15/2055 | &nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp;88571 |
| Transcanada Trust |  |  |
| &nbsp;&nbsp;&nbsp;5.600%, (5.600% to 3-7-32, then 5 Year CMT + 3.986% to 3-7-52, then 5 Year CMT + 4.736%), 03/07/2082 | 144000 | &nbsp;&nbsp;&nbsp;&nbsp;142689 |
| &nbsp;&nbsp;&nbsp;5.875%, (5.875% to 8-15-26, then 3 month LIBOR + 4.640% to 8-15-46, then 3 month LIBOR + 5.390%), 08/15/2076 | &nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp;41025 |
|  |  | 1179731 |
| **Cayman Islands - 0.0%** |  |  |
| Azorra Finance, Ltd.<br> 7.250%, 01/15/2031 (D) | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;12495 |
| Diamond Foreign Asset Company<br> 8.500%, 10/01/2030 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7418 |
| Yuzhou Group Holdings Company, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.000%, (0.000% Cash and 1.000% PIK), 06/30/2034 | &nbsp;&nbsp;25135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 |
| &nbsp;&nbsp;&nbsp;4.000%, (0.000% Cash and 4.000% PIK), 06/30/2028 | &nbsp;&nbsp;26734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802 |
| &nbsp;&nbsp;&nbsp;4.500%, (0.000% Cash and 4.500% PIK), 06/30/2029 | &nbsp;&nbsp;46556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268 |
| &nbsp;&nbsp;&nbsp;5.000%, (0.000% Cash and 5.000% PIK), 06/30/2030 | &nbsp;&nbsp;62142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192 |
| &nbsp;&nbsp;&nbsp;5.500%, (0.000% Cash and 5.500% PIK), 06/30/2031 | &nbsp;&nbsp;87176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393 |
| &nbsp;&nbsp;&nbsp;7.000%, (1.000% Cash and 6.000% PIK), 06/30/2027 | &nbsp;&nbsp;31534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3927 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;28520 |
| **China - 0.0%** |  |  |
| CIFI Holdings Group Company, Ltd.<br> 4.375%, 04/12/2027 (F) | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;23400 |
| Country Garden Holdings Company, Ltd.<br> 3.875%, 10/22/2030 (F) | 290000 | &nbsp;&nbsp;&nbsp;&nbsp;30450 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;53850 |
| **Denmark - 0.3%** |  |  |
| Spar Nord Bank A/S<br> 4.125%, (4.125% to 10-1-29, then 1 Year EURIBOR ICE Swap Rate + 1.850%), 10/01/2030 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;364457 |
| **Estonia - 0.2%** |  |  |
| Luminor Holding AS<br> 7.375%, (7.375% to 8-12-31, then 5 Year EURIBOR ICE Swap Rate + 5.264%), 02/12/2031 (E) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;243946 |
| **France - 0.7%** |  |  |
| Bertrand Franchise Finance SAS<br> 6.500%, 07/18/2030 | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;126409 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **France (continued)** |  |  |
| Credit Agricole SA<br> 7.125%, (7.125% to 9-23-35, then 5 Year SOFR ICE Swap Rate + 3.584%), 09/23/2035 (D)(E) | $270000 | $275723 |
| Valeo SE<br> 1.000%, 08/03/2028 | 500000 | 550983 |
|  |  | 953115 |
| **Germany - 0.2%** |  |  |
| Muenchener Rueckversicherungs-Gesellschaft AG<br> 5.875%, (5.875% to 5-23-32, then 5 Year CMT + 3.982%), 05/23/2042 | $200000 | 208672 |
| **Greece - 0.3%** |  |  |
| CrediaBank SA<br> 9.375%, (9.375% to 1-13-31, then 5 Year EURIBOR ICE Swap Rate + 7.277%), 01/31/2031 (E) | 100000 | 127315 |
| Eurobank SA<br> 4.000%, (4.000% to 2-7-35, then 1 Year EURIBOR ICE Swap Rate + 1.700%), 02/07/2036 | 100000 | 117967 |
| Piraeus Financial Holdings SA<br> 8.750%, (8.750% to 12-16-26, then 5 Year Euro Swap Rate + 9.195%), 06/16/2026 (E) | 200000 | 242681 |
|  |  | 487963 |
| **Hungary - 0.1%** |  |  |
| OTP Bank NYRT<br> 4.250%, (4.250% to 10-16-29, then 3 month EURIBOR + 1.950%), 10/16/2030 | 100000 | 120613 |
| **Ireland - 0.0%** |  |  |
| Adient Global Holdings, Ltd.<br> 7.500%, 02/15/2033 (D) | $&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;6213 |
| TrueNoord Capital DAC<br> 8.750%, 03/01/2030 (D) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;21250 |
|  |  | &nbsp;&nbsp;&nbsp;27463 |
| **Italy - 0.2%** |  |  |
| Intesa Sanpaolo SpA<br> 7.800%, 11/28/2053 (D) | 200000 | 247105 |
| **Japan - 0.2%** |  |  |
| Mitsubishi UFJ Financial Group, Inc.<br> 6.350%, (6.350% to 1-15-36, then 5 Year CMT + 2.070%), 01/15/2036 (E) | 270000 | 275630 |
| **Luxembourg - 0.1%** |  |  |
| Raizen Fuels Finance SA<br> 6.700%, 02/25/2037 | 200000 | 194375 |
| **Malta - 0.0%** |  |  |
| VistaJet Malta Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 02/01/2030 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;6823 |
| &nbsp;&nbsp;&nbsp;9.500%, 06/01/2028 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15615 |
|  |  | &nbsp;&nbsp;&nbsp;22438 |
| **Mexico - 0.1%** |  |  |
| Orbia Advance Corp. SAB de CV<br> 6.750%, 09/19/2042 | 200000 | 188024 |
| **Netherlands - 0.3%** |  |  |
| ING Groep NV<br> 7.000%, (7.000% to 11-16-32, then 5 Year SOFR ICE Swap Rate + 3.594%), 11/16/2032 (E) | 270000 | 278390 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Netherlands (continued)** |  |  |
| Petrobras Global Finance BV<br> 6.250%, 01/10/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;215000 | $212173 |
|  |  | 490563 |
| **Singapore - 0.1%** |  |  |
| GLP Pte, Ltd.<br> 4.500%, (4.500% to 5-17-26, then 5 Year CMT + 3.735% to 5-17-31, then 5 Year CMT + 3.985% to 5-17-46, then 5 Year CMT + 4.735%), 05/17/2026 (E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | 137005 |
| **Spain - 0.2%** |  |  |
| CaixaBank SA<br> 4.885%, (4.885% to 7-3-30, then Overnight SOFR + 1.360%), 07/03/2031 (D) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | 202052 |
| Unicaja Banco SA<br> 0.250%, 09/25/2029 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | 106543 |
|  |  | 308595 |
| **Supranational - 0.5%** |  |  |
| Asian Development Bank<br> 5.649%, 07/30/2030 (C) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;42037 |
| Asian Infrastructure Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;6.000%, 12/08/2031 | &nbsp;&nbsp;9800000 | 103797 |
| &nbsp;&nbsp;&nbsp;6.650%, 06/30/2033 | 14100000 | 156709 |
| &nbsp;&nbsp;&nbsp;6.900%, 10/23/2034 | &nbsp;&nbsp;6600000 | &nbsp;&nbsp;&nbsp;74090 |
| &nbsp;&nbsp;&nbsp;6.960%, 01/14/2035 | &nbsp;&nbsp;6400000 | &nbsp;&nbsp;&nbsp;72452 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/01/2029 | &nbsp;&nbsp;9100000 | 103138 |
| European Bank for Reconstruction &<br> Development |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 03/14/2031 | &nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;67323 |
| &nbsp;&nbsp;&nbsp;6.875%, 07/30/2031 | &nbsp;&nbsp;4600000 | &nbsp;&nbsp;&nbsp;52232 |
|  |  | 671778 |
| **Switzerland - 0.3%** |  |  |
| UBS Group AG<br> 9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (D)(E) | $&nbsp;&nbsp;&nbsp;&nbsp;200000 | 238173 |
| UBS Switzerland AG<br> 3.146%, 06/21/2031 | &nbsp;&nbsp;&nbsp;&nbsp;100000 | 118800 |
|  |  | 356973 |
| **United Kingdom - 0.4%** |  |  |
| HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;5.733%, (5.733% to 5-17-31, then Overnight SOFR + 1.520%), 05/17/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;200000 | 210409 |
| &nbsp;&nbsp;&nbsp;7.050%, (7.050% to 12-5-30, then 5 Year CMT + 2.987%), 06/05/2030 (E) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | 208213 |
| INEOS Finance PLC<br> 6.375%, 04/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;115000 | 133582 |
|  |  | 552204 |
| **United States - 6.4%** |  |  |
| Acadia Healthcare Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 04/15/2029 (D) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;6853 |
| &nbsp;&nbsp;&nbsp;7.375%, 03/15/2033 (D)(G) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;7267 |
| Acrisure LLC<br> 6.000%, 08/01/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;29573 |
| Air Lease Corp.<br> 4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.149%), 12/15/2026 (E) | &nbsp;&nbsp;&nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;37694 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Aircastle, Ltd.<br> 5.250%, (5.250% to 9-15-26, then 5 Year CMT + 4.410% to 9-15-31, then 5 Year CMT + 4.660% to 9-15-46, then 5 Year CMT + 5.160%), 06/15/2026 (D)(E) | $&nbsp;&nbsp;66000 | $&nbsp;&nbsp;&nbsp;65638 |
| Alliant Holdings Intermediate LLC<br> 7.375%, 10/01/2032 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;25761 |
| Allied Universal Holdco LLC<br> 7.875%, 02/15/2031 (D) | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;4194 |
| American Axle & Manufacturing, Inc.<br> 7.750%, 10/15/2033 (D) | 125000 | 125974 |
| American Electric Power Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.800%, (5.800% to 3-15-31, then 5 Year CMT + 2.128%), 03/15/2056 | &nbsp;&nbsp;54000 | &nbsp;&nbsp;&nbsp;53811 |
| &nbsp;&nbsp;&nbsp;6.050%, (6.050% to 3-15-36, then 5 Year CMT + 1.940%), 03/15/2056 | 130000 | 130183 |
| American National Group, Inc.<br> 7.000%, (7.000% to 12-1-30, then 5 Year CMT + 3.183%), 12/01/2055 | 103000 | 106150 |
| AmeriGas Partners LP<br> 9.375%, 06/01/2028 (D) | 210000 | 215744 |
| Antero Midstream Partners LP<br> 6.625%, 02/01/2032 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;25748 |
| Ashton Woods USA LLC<br> 6.875%, 08/01/2033 (D) | 270000 | 272316 |
| Avis Budget Car Rental LLC<br> 8.375%, 06/15/2032 (D) | &nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;16735 |
| Baldwin Insurance Group Holdings LLC<br> 7.125%, 05/15/2031 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15571 |
| Bread Financial Holdings, Inc.<br> 8.375%, (8.375% to 6-15-30, then 5 Year CMT + 4.300%), 06/15/2035 (D) | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;24644 |
| CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/01/2031 (D) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;69092 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/01/2032 (D) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1850 |
| &nbsp;&nbsp;&nbsp;5.375%, 06/01/2029 (D) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1987 |
| Celanese US Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 04/15/2033 (G) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;64726 |
| &nbsp;&nbsp;&nbsp;7.200%, 11/15/2033 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;67574 |
| Champ Acquisition Corp.<br> 8.375%, 12/01/2031 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;26578 |
| Cinemark USA, Inc.<br> 7.000%, 08/01/2032 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10394 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 8-15-30, then 5 Year CMT + 2.890%), 08/15/2030 (E) | &nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;35039 |
| &nbsp;&nbsp;&nbsp;7.625%, (7.625% to 11-15-28, then 5 Year CMT + 3.211%), 11/15/2028 (E) | &nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;40944 |
| Clarios Global LP<br> 6.750%, 09/15/2032 (D) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;5111 |
| Clear Channel Outdoor Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 02/15/2031 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10337 |
| &nbsp;&nbsp;&nbsp;7.750%, 04/15/2028 (D) | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;7985 |
| Cloud Software Group, Inc.<br> 9.000%, 09/30/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15558 |
| CMS Energy Corp.<br> 4.750%, (4.750% to 6-1-30, then 5 Year CMT + 4.116%), 06/01/2050 | &nbsp;&nbsp;72000 | &nbsp;&nbsp;&nbsp;70219 |
| Community Health Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 02/15/2031 (D) | &nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;22483 |
| &nbsp;&nbsp;&nbsp;6.875%, 04/15/2029 (D) | &nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;4770 |
| &nbsp;&nbsp;&nbsp;9.750%, 01/15/2034 (D) | 130000 | 133185 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Concentra Health Services, Inc.<br> 6.875%, 07/15/2032 (D) | $&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;5192 |
| Cougar JV Subsidiary LLC<br> 8.000%, 05/15/2032 (D) | &nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;17011 |
| CP Atlas Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;9.750%, 07/15/2030 (D) | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;8378 |
| &nbsp;&nbsp;&nbsp;12.750%, (7.000% Cash and 5.750% PIK), 01/15/2031 (D) | &nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;15980 |
| CrossCountry Intermediate HoldCo LLC<br> 6.500%, 10/01/2030 (D) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;65239 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, (6.750% to 12-10-34, then 5 Year CMT + 2.516%), 12/10/2054 | &nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;39225 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 3-10-30, then 5 Year CMT + 2.886%), 03/10/2055 | &nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;48288 |
| Deluxe Corp.<br> 8.125%, 09/15/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15663 |
| DISH DBS Corp.<br> 5.750%, 12/01/2028 (D) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1917 |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.350%, (4.350% to 4-15-27, then 5 Year CMT + 3.195%), 01/15/2027 (E) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;73877 |
| &nbsp;&nbsp;&nbsp;6.000%, (6.000% to 2-15-31, then 5 Year CMT + 2.262%), 02/15/2056 | 175000 | 176252 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 2-1-30, then 5 Year CMT + 2.386%), 02/01/2055 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;36634 |
| EchoStar Corp.<br> 6.750%, (0.000% Cash and 6.750% PIK), 11/30/2030 | &nbsp;&nbsp;21742 | &nbsp;&nbsp;&nbsp;22415 |
| Edison International<br> 5.375%, (5.375% to 3-15-26, then 5 Year CMT + 4.698%), 03/09/2026 (E) | 140000 | 135922 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 2-15-31, then 5 Year CMT + 2.676%), 02/15/2056 | 237000 | 235889 |
| &nbsp;&nbsp;&nbsp;8.000%, (8.000% to 5-15-29, then 5 Year CMT + 4.020%), 05/15/2054 | &nbsp;&nbsp;81000 | &nbsp;&nbsp;&nbsp;86558 |
| EQT Corp.<br> 4.750%, 01/15/2031 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;9980 |
| EUSHI Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 4-1-31, then 5 Year CMT + 2.509%), 04/01/2056 | &nbsp;&nbsp;89000 | &nbsp;&nbsp;&nbsp;88468 |
| &nbsp;&nbsp;&nbsp;7.625%, (7.625% to 12-15-29, then 5 Year CMT + 3.136%), 12/15/2054 | &nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;74437 |
| EZCORP, Inc.<br> 7.375%, 04/01/2032 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;26637 |
| FirstCash, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 09/01/2028 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;6863 |
| &nbsp;&nbsp;&nbsp;5.625%, 01/01/2030 (D) | &nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;5991 |
| Five Point Operating Company LP<br> 8.000%, 10/01/2030 (D) | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;86256 |
| FMC Corp.<br> 8.450%, (8.450% to 11-1-30, then 5 Year CMT + 4.366%), 11/01/2055 | 123000 | 129812 |
| Freedom Mortgage Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;9.125%, 05/15/2031 (D) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;21271 |
| &nbsp;&nbsp;&nbsp;9.250%, 02/01/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15783 |
| General Motors Financial Company, Inc.<br> 5.700%, (5.700% to 9-30-30, then 5 Year CMT + 4.997%), 09/30/2030 (E) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;79646 |
| Global Atlantic Financial Company |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, (4.700% to 10-15-26, then 5 Year CMT + 3.796%), 10/15/2051 (D) | 105000 | 103435 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Global Atlantic<br> Financial Company (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.950%, (7.950% to 10-15-29, then 5 Year CMT + 3.608%), 10/15/2054 (D) | $&nbsp;&nbsp;24000 | $&nbsp;&nbsp;&nbsp;25394 |
| Gray Media, Inc.<br> 7.250%, 08/15/2033 (D) | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;44593 |
| Hightower Holding LLC<br> 6.750%, 04/15/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;14799 |
| Howard Midstream Energy Partners LLC<br> 7.375%, 07/15/2032 (D) | 130000 | 134943 |
| HUB International, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 12/01/2029 (D) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;2997 |
| &nbsp;&nbsp;&nbsp;7.375%, 01/31/2032 (D) | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;11455 |
| Intel Corp.<br> 5.600%, 02/21/2054 (G) | &nbsp;&nbsp;87000 | &nbsp;&nbsp;&nbsp;83535 |
| Intercontinental Exchange, Inc.<br> 3.625%, 09/01/2028 | &nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;26651 |
| Iron Mountain, Inc.<br> 4.500%, 02/15/2031 (D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;28636 |
| Keurig Dr. Pepper, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.800%, 05/01/2050 | 120000 | &nbsp;&nbsp;&nbsp;87003 |
| &nbsp;&nbsp;&nbsp;4.500%, 04/15/2052 | 155000 | 125217 |
| &nbsp;&nbsp;&nbsp;5.150%, 05/15/2035 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;89144 |
| LABL, Inc.<br> 5.875%, 11/01/2028 (D) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;1550 |
| LBM Acquisition LLC<br> 6.250%, 01/15/2029 (D) | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;21289 |
| LCM Investments Holdings II LLC<br> 8.250%, 08/01/2031 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10576 |
| Level 3 Financing, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 04/01/2030 (D) | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;16448 |
| &nbsp;&nbsp;&nbsp;6.875%, 06/30/2033 (D) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;81534 |
| LFS Topco LLC<br> 8.750%, 07/15/2030 (D) | 146000 | 146658 |
| Liberty Mutual Group, Inc.<br> 4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.315%), 12/15/2051 (D) | &nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;37323 |
| Light & Wonder International, Inc.<br> 6.250%, 10/01/2033 (D) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;65111 |
| Lincoln National Corp.<br> 9.250%, (9.250% to 3-1-28, then 5 Year CMT + 5.318%), 12/01/2027 (E) | 130000 | 139801 |
| LYB International Finance III LLC<br> 4.200%, 05/01/2050 | 255000 | 188881 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 01/15/2042 | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;7106 |
| &nbsp;&nbsp;&nbsp;6.125%, 03/15/2032 (D) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;5005 |
| MajorDrive Holdings IV LLC<br> 6.375%, 06/01/2029 (D) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;61461 |
| Matador Resources Company<br> 6.500%, 04/15/2032 (D) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;70670 |
| Mauser Packaging Solutions Holding Company<br> 9.250%, 04/15/2027 (D) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;65149 |
| Medline Borrower LP<br> 5.250%, 10/01/2029 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;24784 |
| NFE Financing LLC<br> 12.000%, 11/15/2029 (D) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882 |
| Noble Finance II LLC<br> 8.000%, 04/15/2030 (D) | 210000 | 217362 |
| Northern Oil & Gas, Inc.<br> 7.875%, 10/15/2033 (D) | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;84664 |
| Oracle Corp.<br> 6.100%, 09/26/2065 | 255000 | 254530 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Panther Escrow Issuer LLC<br> 7.125%, 06/01/2031 (D) | $120000 | $124814 |
| Penn Entertainment, Inc.<br> 4.125%, 07/01/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;14060 |
| PennyMac Financial Services, Inc.<br> 6.875%, 05/15/2032 (D) | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;9326 |
| Permian Resources Operating LLC<br> 7.000%, 01/15/2032 (D) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;5186 |
| Phillips 66 Company |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, (5.875% to 3-15-31, then 5 Year CMT + 2.283%), 03/15/2056 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;44646 |
| &nbsp;&nbsp;&nbsp;6.200%, (6.200% to 3-15-36, then 5 Year CMT + 2.166%), 03/15/2056 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;70187 |
| Planet Financial Group LLC<br> 10.500%, 12/15/2029 (D) | 120000 | 126171 |
| Quikrete Holdings, Inc.<br> 6.375%, 03/01/2032 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10358 |
| Reworld Holding Corp.<br> 4.875%, 12/01/2029 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;6583 |
| Rocket Companies, Inc.<br> 6.375%, 08/01/2033 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10321 |
| Rocket Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 02/15/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;14608 |
| &nbsp;&nbsp;&nbsp;9.000%, 11/28/2028 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;7216 |
| Rockies Express Pipeline LLC<br> 6.750%, 03/15/2033 (D) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;20876 |
| S&S Holdings LLC<br> 8.375%, 10/01/2031 (D) | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;63723 |
| Scripps Escrow II, Inc.<br> 3.875%, 01/15/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;13215 |
| Sempra<br> 6.375%, (6.375% to 4-1-31, then 5 Year CMT + 2.632%), 04/01/2056 | &nbsp;&nbsp;61000 | &nbsp;&nbsp;&nbsp;62601 |
| Six Flags Entertainment Corp.<br> 7.250%, 05/15/2031 (D) | 130000 | 130051 |
| SM Energy Company<br> 6.750%, 08/01/2029 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15072 |
| Smyrna Ready Mix Concrete LLC<br> 8.875%, 11/15/2031 (D) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;63357 |
| Staples, Inc.<br> 10.750%, 09/01/2029 (D) | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;22742 |
| Star Parent, Inc.<br> 9.000%, 10/01/2030 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15858 |
| Sunoco LP<br> 7.000%, 05/01/2029 (D) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10354 |
| Talos Production, Inc.<br> 9.375%, 02/01/2031 (D) | 151000 | 157270 |
| Tenet Healthcare Corp.<br> 6.750%, 05/15/2031 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15529 |
| The AES Corp.<br> 6.950%, (6.950% to 7-15-30, then 5 Year CMT + 2.890%), 07/15/2055 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;88324 |
| The Dow Chemical Company |  |  |
| &nbsp;&nbsp;&nbsp;4.800%, 05/15/2049 | 150000 | 122414 |
| &nbsp;&nbsp;&nbsp;5.950%, 03/15/2055 | 130000 | 123514 |
| The EW Scripps Company<br> 9.875%, 08/15/2030 (D) | 105000 | &nbsp;&nbsp;&nbsp;98557 |
| The Goldman Sachs Group, Inc.<br> 3.650%, (3.650% to 8-10-26, then 5 Year CMT + 2.915%), 08/10/2026 (E)(G) | &nbsp;&nbsp;59000 | &nbsp;&nbsp;&nbsp;57788 |
| The Goodyear Tire & Rubber Company<br> 5.250%, 04/30/2031 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;66150 |
| The Hertz Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 12/01/2029 (D)(G) | &nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;2393 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| The Hertz Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;12.625%, 07/15/2029 (D) | $&nbsp;&nbsp;&nbsp;3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 |
| The Michaels Companies, Inc.<br> 5.250%, 05/01/2028 (D) | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6443 |
| TopBuild Corp.<br> 5.625%, 01/31/2034 (D) | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;124546 |
| Transocean International, Ltd.<br> 8.750%, 02/15/2030 (D) | 187500 | &nbsp;&nbsp;&nbsp;&nbsp;197282 |
| Tronox, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 03/15/2029 (D) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48919 |
| &nbsp;&nbsp;&nbsp;9.125%, 09/30/2030 (D)(G) | &nbsp;&nbsp;79000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77398 |
| USA Compression Partners LP<br> 6.250%, 10/01/2033 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15057 |
| Velocity Vehicle Group LLC<br> 8.000%, 06/01/2029 (D) | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12031 |
| Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.850%, 06/22/2040 | 165000 | &nbsp;&nbsp;&nbsp;&nbsp;125826 |
| &nbsp;&nbsp;&nbsp;4.000%, 06/22/2050 | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;122800 |
| VT Topco, Inc.<br> 8.500%, 08/15/2030 (D) | 120000 | &nbsp;&nbsp;&nbsp;&nbsp;122089 |
| WarnerMedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.279%, 03/15/2032 | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4581 |
| &nbsp;&nbsp;&nbsp;4.693%, 05/17/2033 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;141585 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/15/2042 | $&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7185 |
| Weatherford International, Ltd.<br> 6.750%, 10/15/2033 (D) | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95066 |
| Wells Fargo & Company<br> 3.900%, (3.900% to 3-15-26, then 5 Year CMT + 3.453%), 03/15/2026 (E) | &nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38621 |
| Westlake Chemical Corp.<br> 4.375%, 11/15/2047 | &nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52076 |
| Westlake Corp.<br> 2.875%, 08/15/2041 | 119000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81973 |
| Whirlpool Corp.<br> 6.500%, 06/15/2033 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64866 |
| Windsor Holdings III LLC<br> 8.500%, 06/15/2030 (D) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15857 |
| XPLR Infrastructure Operating<br> Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 01/15/2031 (D) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62880 |
| &nbsp;&nbsp;&nbsp;8.625%, 03/15/2033 (D) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62921 |
| ZF North America Capital, Inc.<br> 7.500%, 03/24/2031 (D) | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;148979 |
| Zions Bancorp NA<br> 6.816%, (6.816% to 11-19-34, then Overnight SOFR + 2.830%), 11/19/2035 | 340000 | &nbsp;&nbsp;&nbsp;&nbsp;361405 |
|  |  | &nbsp;&nbsp;&nbsp;9146688 |
| TOTAL CORPORATE BONDS (Cost $16,233,353) | TOTAL CORPORATE BONDS (Cost $16,233,353) | $16501187 |
| **CONVERTIBLE BONDS - 10.2%** | **CONVERTIBLE BONDS - 10.2%** |  |
| **Canada - 0.1%** |  |  |
| Advantage Energy, Ltd.<br> 5.000%, 06/30/2029 (D) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70913 |
| **Cayman Islands - 0.0%** |  |  |
| Seagate HDD Cayman<br> 3.500%, 06/01/2028 | $&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37440 |
| **China - 0.1%** |  |  |
| Alibaba Group Holding, Ltd.<br> 0.500%, 06/01/2031 | &nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95524 |
| H World Group, Ltd.<br> 3.000%, 05/01/2026 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22156 |
| JD.com, Inc.<br> 0.250%, 06/01/2029 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53600 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CONVERTIBLE BONDS (continued)** | **CONVERTIBLE BONDS (continued)** |  |
| **China (continued)** |  |  |
| Li Auto, Inc.<br> 0.250%, 05/01/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6837 |
| Smart Insight International, Ltd.<br> 4.500%, 12/05/2023 (F) | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;25786 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;203903 |
| **France - 0.2%** |  |  |
| Accor SA<br> 0.700%, 12/07/2027 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;31386 |
| Ubisoft Entertainment SA<br> 2.875%, 12/05/2031 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;286014 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;317400 |
| **India - 0.0%** |  |  |
| MakeMyTrip, Ltd., Zero Coupon<br> 0.000%, 07/01/2030 (D) | $&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;10324 |
| **Israel - 0.0%** |  |  |
| Wix.com, Ltd., Zero Coupon<br> 0.000%, 09/15/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;33000 | &nbsp;&nbsp;&nbsp;&nbsp;36036 |
| **Italy - 0.4%** |  |  |
| Eni SpA<br> 2.950%, 09/14/2030 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;608469 |
| **Japan - 0.2%** |  |  |
| ANA Holdings, Inc., Zero Coupon<br> 0.000%, 12/10/2031 | 10000000 | &nbsp;&nbsp;&nbsp;&nbsp;74382 |
| Nxera Pharma Company, Ltd.<br> 0.250%, 12/14/2028 | 30000000 | &nbsp;&nbsp;&nbsp;&nbsp;192717 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;267099 |
| **Luxembourg - 0.1%** |  |  |
| Arrival SA<br> 3.500%, 12/01/2026 (D)(F) | $&nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 |
| Mitsubishi UFJ Investor Services & Banking Luxembourg SA<br> 6.517%, (3 month EURIBOR + 4.500%), 12/15/2050 (H) | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;74502 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;74528 |
| **Singapore - 0.0%** |  |  |
| Trip.com Group, Ltd.<br> 0.750%, 06/15/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;25490 |
| **Spain - 0.3%** |  |  |
| Cellnex Telecom SA<br> 0.750%, 11/20/2031 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;424154 |
| **Switzerland - 0.3%** |  |  |
| STMicroelectronics NV<br> 1.000%, 08/04/2027 (C) | $&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;392625 |
| **United Kingdom - 0.2%** |  |  |
| Immunocore Holdings PLC<br> 2.500%, 02/01/2030 (G) | &nbsp;&nbsp;&nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;274897 |
| **United States - 8.3%** |  |  |
| 3D Systems Corp.<br> 11.626%, 11/15/2026 (C) | &nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp;11466 |
| AeroVironment, Inc., Zero Coupon<br> 0.000%, 07/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;11151 |
| Affirm Holdings, Inc.<br> 0.750%, 12/15/2029 (D) | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;10860 |
| Akamai Technologies, Inc.<br> 1.125%, 02/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;14070 |
| Alarm.com Holdings, Inc.<br> 5.577%, 01/15/2026 (C) | &nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;19680 |
| Alliant Energy Corp.<br> 3.250%, 05/30/2028 (D) | &nbsp;&nbsp;1045000 | 1076873 |
| Alnylam Pharmaceuticals, Inc.<br> 0.314%, 09/15/2028 (C)(D) | &nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;44578 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CONVERTIBLE BONDS (continued)** | **CONVERTIBLE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| American Water Capital Corp.<br> 3.625%, 06/15/2026 | $965000 | $966351 |
| Apellis Pharmaceuticals, Inc.<br> 3.500%, 09/15/2026 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;62010 |
| AST SpaceMobile, Inc.<br> 4.250%, 03/01/2032 (D) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;4189 |
| Bandwidth, Inc.<br> 0.250%, 03/01/2026 | &nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;26275 |
| Beyond Meat, Inc., Zero Coupon<br> 0.000%, 03/15/2027 | 130000 | &nbsp;&nbsp;&nbsp;25675 |
| BILL Holdings, Inc.<br> 2.585%, 04/01/2030 (C)(D) | &nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;71200 |
| BioMarin Pharmaceutical, Inc.<br> 1.250%, 05/15/2027 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;66360 |
| Block, Inc.<br> 0.250%, 11/01/2027 (G) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;68213 |
| Boston Properties LP<br> 2.000%, 10/01/2030 (D) | &nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;70716 |
| Cable One, Inc.<br> 1.125%, 03/15/2028 | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;9389 |
| Cloudflare, Inc., Zero Coupon |  |  |
| &nbsp;&nbsp;&nbsp;0.000%, 08/15/2026 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;24914 |
| &nbsp;&nbsp;&nbsp;0.000%, 06/15/2030 (D) | &nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;44285 |
| Coinbase Global, Inc.<br> 0.250%, 04/01/2030 | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;21344 |
| Coinbase Global, Inc., Zero Coupon<br> 0.000%, 10/01/2032 (D) | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;19881 |
| Commvault Systems, Inc., Zero Coupon<br> 0.000%, 09/15/2030 (D) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;20640 |
| Cytokinetics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.750%, 10/01/2031 (D) | &nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;9155 |
| &nbsp;&nbsp;&nbsp;3.500%, 07/01/2027 (G) | 255000 | 330544 |
| Datadog, Inc.<br> 0.238%, 12/01/2029 (C)(D) | 110000 | 108900 |
| DexCom, Inc.<br> 0.375%, 05/15/2028 | 300000 | 273450 |
| Digital Realty Trust LP<br> 1.875%, 11/15/2029 (D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;31500 |
| DoorDash, Inc., Zero Coupon<br> 0.000%, 05/15/2030 (D) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;28413 |
| DraftKings Holdings, Inc.<br> 4.436%, 03/15/2028 (C) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;17950 |
| Dropbox, Inc., Zero Coupon<br> 0.000%, 03/01/2028 | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;22704 |
| EchoStar Corp.<br> 3.875%, (0.000% Cash and 3.875% PIK), 11/30/2030 (G) | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;12300 |
| Enphase Energy, Inc.<br> 6.036%, 03/01/2028 (C) | 290000 | 251167 |
| Etsy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.125%, 09/01/2027 | 365000 | 335713 |
| &nbsp;&nbsp;&nbsp;1.000%, 06/15/2030 (D) | &nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;28340 |
| Euronet Worldwide, Inc.<br> 0.625%, 10/01/2030 (D) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;33338 |
| Evergy, Inc.<br> 4.500%, 12/15/2027 | &nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;8796 |
| Evolent Health, Inc.<br> 3.500%, 12/01/2029 | 320000 | 256160 |
| Exact Sciences Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.375%, 03/15/2027 (G) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;38380 |
| &nbsp;&nbsp;&nbsp;1.750%, 04/15/2031 (D) | 270000 | 251227 |
| &nbsp;&nbsp;&nbsp;2.000%, 03/01/2030 (D) | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;18668 |
| FirstEnergy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2029 (D) | 545000 | 577864 |
| &nbsp;&nbsp;&nbsp;3.875%, 01/15/2031 (D) | 480000 | 517920 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CONVERTIBLE BONDS (continued)** | **CONVERTIBLE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Five9, Inc.<br> 1.000%, 03/15/2029 | $220000 | $194370 |
| Fluor Corp.<br> 1.125%, 08/15/2029 | &nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;43901 |
| GameStop Corp., Zero Coupon<br> 0.000%, 04/01/2030 (D) | &nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;20421 |
| Global Payments, Inc.<br> 1.500%, 03/01/2031 | 395000 | 361526 |
| Granite Construction, Inc.<br> 3.250%, 06/15/2030 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;22943 |
| Guardant Health, Inc.<br> 1.250%, 02/15/2031 | &nbsp;&nbsp;73000 | &nbsp;&nbsp;&nbsp;94865 |
| Guidewire Software, Inc.<br> 1.250%, 11/01/2029 (D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;34891 |
| Haemonetics Corp.<br> 2.500%, 06/01/2029 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;13840 |
| HAT Holdings I LLC<br> 3.750%, 08/15/2028 (D) | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;21242 |
| Integer Holdings Corp.<br> 1.875%, 03/15/2030 (D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;29070 |
| Ionis Pharmaceuticals, Inc.<br> 1.750%, 06/15/2028 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;96731 |
| Itron, Inc.<br> 1.375%, 07/15/2030 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;17190 |
| JBT Marel Corp.<br> 0.375%, 09/15/2030 (D) | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;22345 |
| Lantheus Holdings, Inc.<br> 2.625%, 12/15/2027 | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;12606 |
| Live Nation Entertainment, Inc.<br> 2.875%, 01/15/2030 (D) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;33255 |
| Lumentum Holdings, Inc.<br> 1.500%, 12/15/2029 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;60338 |
| MARA Holdings, Inc., Zero Coupon<br> 0.000%, 08/01/2032 (D)(G) | &nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;12858 |
| Merit Medical Systems, Inc.<br> 3.000%, 02/01/2029 (D) | &nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;22078 |
| Meritage Homes Corp.<br> 1.750%, 05/15/2028 | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;46056 |
| Microchip Technology, Inc.<br> 0.750%, 06/01/2030 | &nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;35872 |
| MKS, Inc.<br> 1.250%, 06/01/2030 | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;16425 |
| MP Materials Corp.<br> 0.250%, 04/01/2026 (D) | &nbsp;&nbsp;84000 | 128520 |
| NCL Corp., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;0.750%, 09/15/2030 (D) | &nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;46403 |
| &nbsp;&nbsp;&nbsp;0.875%, 04/15/2030 (D) | &nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;25891 |
| NextEra Energy Capital Holdings, Inc.<br> 3.000%, 03/01/2027 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;23620 |
| Northern Oil & Gas, Inc.<br> 3.625%, 04/15/2029 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;20030 |
| Nutanix, Inc.<br> 0.500%, 12/15/2029 (D) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;78799 |
| Okta, Inc.<br> 0.375%, 06/15/2026 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;63081 |
| ON Semiconductor Corp.<br> 0.500%, 03/01/2029 | 115000 | 106107 |
| Parsons Corp.<br> 2.625%, 03/01/2029 | &nbsp;&nbsp;95000 | 108300 |
| Pebblebrook Hotel Trust<br> 1.750%, 12/15/2026 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;68984 |
| PG&E Corp.<br> 4.250%, 12/01/2027 | 545000 | 551159 |
| Redfin Corp.<br> 0.500%, 04/01/2027 | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;15700 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CONVERTIBLE BONDS (continued)** | **CONVERTIBLE BONDS (continued)** |  |
| **United States (continued)** |  |  |
| Repay Holdings Corp.<br> 2.875%, 07/15/2029 (D)(G) | $&nbsp;&nbsp;&nbsp;&nbsp;70000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61600 |
| Repligen Corp.<br> 1.000%, 12/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10030 |
| Rexford Industrial Realty LP<br> 4.125%, 03/15/2029 (D) | &nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;297065 |
| RingCentral, Inc.<br> 5.762%, 03/15/2026 (C)(G) | &nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68215 |
| Rivian Automotive, Inc.<br> 3.625%, 10/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32151 |
| Semtech Corp.<br> 1.625%, 11/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35415 |
| Shift4 Payments, Inc.<br> 0.500%, 08/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14761 |
| Snap, Inc.<br> 0.125%, 03/01/2028 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;419005 |
| Snowflake, Inc., Zero Coupon<br> 0.000%, 10/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32876 |
| Spotify USA, Inc., Zero Coupon<br> 0.000%, 03/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27330 |
| Stem, Inc.<br> 0.500%, 12/01/2028 (D) | &nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 |
| Strategy, Inc., Zero Coupon<br> 0.000%, 03/01/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;48000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50520 |
| Sunnova Energy International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.250%, 12/01/2026 (F) | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 |
| &nbsp;&nbsp;&nbsp;2.625%, 02/15/2028 (F) | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 |
| Sunrun, Inc.<br> 4.000%, 03/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;122292 |
| Super Micro Computer, Inc., Zero Coupon<br> 0.000%, 06/15/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15449 |
| Synaptics, Inc.<br> 0.750%, 12/01/2031 (D) | &nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17721 |
| Teladoc Health, Inc.<br> 1.250%, 06/01/2027 | &nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;214819 |
| Tetra Tech, Inc.<br> 2.250%, 08/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64800 |
| The Southern Company |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 06/15/2028 (D) | 1050000 | &nbsp;&nbsp;&nbsp;1062600 |
| &nbsp;&nbsp;&nbsp;4.500%, 06/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33345 |
| Tyler Technologies, Inc.<br> 0.250%, 03/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16463 |
| Uber Technologies, Inc.<br> 0.875%, 12/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29400 |
| Unity Software, Inc., Zero Coupon<br> 0.000%, 03/15/2030 (D) | &nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47272 |
| Ventas Realty LP<br> 3.750%, 06/01/2026 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19373 |
| Vishay Intertechnology, Inc.<br> 2.250%, 09/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63566 |
| Wayfair, Inc.<br> 3.250%, 09/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6095 |
| WEC Energy Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 06/01/2028 (D) | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;361550 |
| &nbsp;&nbsp;&nbsp;4.375%, 06/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46607 |
| Welltower OP LLC<br> 2.750%, 05/15/2028 (D) | &nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46775 |
| Western Digital Corp.<br> 3.000%, 11/15/2028 (G) | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48113 |
| Zscaler, Inc.<br> 0.302%, 07/15/2028 (C)(D) | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;242918 |
|  |  | 11806072 |
| TOTAL CONVERTIBLE BONDS (Cost $15,148,330) | TOTAL CONVERTIBLE BONDS (Cost $15,148,330) | $14549350 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (I) - 2.4%** | **TERM LOANS (I) - 2.4%** |  |
| **United States - 2.4%** |  |  |
| ABG Intermediate Holdings 2 LLC, 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 12/21/2028 | $&nbsp;&nbsp;57750 | $&nbsp;&nbsp;&nbsp;57596 |
| Acrisure LLC, 2024 1st Lien Term Loan B6 (1 month CME Term SOFR + 3.000%) 7.163%, 11/06/2030 | &nbsp;&nbsp;99002 | &nbsp;&nbsp;&nbsp;98724 |
| Asurion LLC, 2021 2nd Lien Term Loan B3 (1 month CME Term SOFR + 5.250%) 9.528%, 01/31/2028 | 145000 | 141013 |
| Asurion LLC, 2025 Term Loan B13 (1 month CME Term SOFR + 4.250%) 8.413%, 09/19/2030 | 107858 | 107095 |
| AthenaHealth Group, Inc., 2022 Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 02/15/2029 | &nbsp;&nbsp;27340 | &nbsp;&nbsp;&nbsp;27272 |
| Berlin Packaging LLC, 2025 Term Loan B7 (1 and 3 month CME Term SOFR + 3.250%) 7.530%, 06/07/2031 | 164509 | 164920 |
| Caesars Entertainment, Inc., Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 02/06/2030 | &nbsp;&nbsp;85575 | &nbsp;&nbsp;&nbsp;85285 |
| Cinemark USA, Inc., 2025 Term Loan B (1 and 3 month CME Term SOFR + 2.250%) 6.252%, 05/24/2030 | 121903 | 121877 |
| CRC Insurance Group LLC, 2024 Term Loan B (3 month CME Term SOFR + 2.750%) 6.752%, 05/06/2031 | &nbsp;&nbsp;45968 | &nbsp;&nbsp;&nbsp;45896 |
| Flynn Restaurant Group LP, 2025 Incremental Term Loan (1 month CME Term SOFR + 3.750%) 7.913%, 01/28/2032 | &nbsp;&nbsp;99500 | &nbsp;&nbsp;&nbsp;99594 |
| Fortress Intermediate 3, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.000%) 7.255%, 06/27/2031 | 145756 | 146120 |
| Hanesbrands, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 03/07/2032 | &nbsp;&nbsp;39497 | &nbsp;&nbsp;&nbsp;39596 |
| Hobbs & Associates LLC, Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 07/23/2031 | &nbsp;&nbsp;99727 | &nbsp;&nbsp;&nbsp;99594 |
| HUB International, Ltd., 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.575%, 06/20/2030 | &nbsp;&nbsp;87844 | &nbsp;&nbsp;&nbsp;87951 |
| IRB Holding Corp., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.500%) 6.663%, 12/15/2027 | &nbsp;&nbsp;96048 | &nbsp;&nbsp;&nbsp;96053 |
| LBM Acquisition LLC, 2024 Incremental Term Loan B (1 month CME Term SOFR + 3.750%) 7.986%, 06/06/2031 | &nbsp;&nbsp;98782 | &nbsp;&nbsp;&nbsp;96233 |
| Lsf12 Crown US Commercial Bidco LLC, 2025 Term Loan B 12/02/2031 TBD (J) | &nbsp;&nbsp;99276 | &nbsp;&nbsp;&nbsp;99338 |
| Medline Borrower LP, 2025 Term Loan B (1 month CME Term SOFR + 2.000%) 6.163%, 10/23/2030 | &nbsp;&nbsp;88661 | &nbsp;&nbsp;&nbsp;88606 |
| MH Sub I LLC, 2023 Term Loan (3 month CME Term SOFR + 4.250%) 8.252%, 05/03/2028 | &nbsp;&nbsp;57470 | &nbsp;&nbsp;&nbsp;55196 |
| MH Sub I LLC, 2024 Term Loan B4 (1 month CME Term SOFR + 4.250%) 8.413%, 12/31/2031 | &nbsp;&nbsp;38898 | &nbsp;&nbsp;&nbsp;35737 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (I) (continued)** | **TERM LOANS (I) (continued)** |  |
| **United States (continued)** |  |  |
| Oryx Midstream Services Permian Basin LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 6.416%, 10/05/2028 | &nbsp;&nbsp;95353 | $&nbsp;&nbsp;&nbsp;&nbsp;95299 |
| Owens-Brockway Glass Container, Inc., 2025 Term Loan B 09/30/2032 TBD (J) | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;214463 |
| Peer USA LLC, 2025 USD Term Loan B 09/27/2032 TBD (J) | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;225000 |
| Quikrete Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 02/10/2032 | &nbsp;&nbsp;99500 | &nbsp;&nbsp;&nbsp;&nbsp;99432 |
| Sedgwick Claims Management Services, Inc., 2023 Term Loan B (1 month CME Term SOFR + 2.500%) 6.663%, 07/31/2031 | 190611 | &nbsp;&nbsp;&nbsp;&nbsp;190314 |
| The Michaels Companies, Inc., 2021 Term Loan B (3 month CME Term SOFR + 4.250%) 8.513%, 04/17/2028 | 124475 | &nbsp;&nbsp;&nbsp;&nbsp;117318 |
| TransDigm, Inc., 2023 Term Loan J (3 month CME Term SOFR + 2.500%) 6.502%, 02/28/2031 | 163020 | &nbsp;&nbsp;&nbsp;&nbsp;162914 |
| UKG, Inc., 2024 Term Loan B (3 month CME Term SOFR + 2.500%) 6.810%, 02/10/2031 | &nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp;98872 |
| USI, Inc., 2024 Term Loan D (3 month CME Term SOFR + 2.250%) 6.252%, 11/21/2029 | 195806 | &nbsp;&nbsp;&nbsp;&nbsp;195546 |
| Varsity Brands, Inc., 2025 1st Lien Term Loan 08/26/2031 TBD (J) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;99950 |
| Windsor Holdings III LLC, 2025 USD Term Loan B (1 month CME Term SOFR + 2.750%) 6.916%, 08/01/2030 | 112716 | &nbsp;&nbsp;&nbsp;&nbsp;112716 |
|  |  | 3405520 |
| TOTAL TERM LOANS (Cost $3,406,535) | TOTAL TERM LOANS (Cost $3,406,535) | $3405520 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 5.2%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 5.2%** |  |
| **Commercial and residential - 2.3%** |  |  |
| ALA Trust, Series 2025-OANA, Class A (1 month CME Term SOFR + 1.743%),<br> 5.894%, 06/15/2040 (D)(H) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;75375 |
| Angel Oak Mortgage Trust, Series 2020-3, Class M1,<br> 3.809%, 04/25/2065 (D)(K) | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;171383 |
| BAHA Trust, Series 2024-MAR, Class C,<br> 7.766%, 12/10/2041 (D)(K) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;104111 |
| BANK |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-BN15, Class B,<br> 4.807%, 11/15/2061 (K) | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;47137 |
| &nbsp;&nbsp;&nbsp;Series 2021-BN37, Class XA IO,<br> 0.691%, 11/15/2064 | 983335 | &nbsp;&nbsp;&nbsp;&nbsp;22418 |
| &nbsp;&nbsp;&nbsp;Series 2022-BNK42, Class AS,<br> 4.880%, 06/15/2055 (K) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;58215 |
| BANK5, Series 2023-5YR4, Class C,<br> 7.858%, 12/15/2056 (K) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;63598 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-5C23, Class C,<br> 7.703%, 12/15/2056 (K) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;78007 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C25, Class C,<br> 6.643%, 03/15/2057 (K) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20522 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C27, Class C,<br> 6.700%, 07/15/2057 (K) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;20653 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| BBCMS Mortgage Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-C26, Class C,<br> 6.000%, 05/15/2057 (K) | $&nbsp;&nbsp;90000 | $&nbsp;&nbsp;&nbsp;90845 |
| &nbsp;&nbsp;&nbsp;Series 2025-C32, Class C,<br> 6.125%, 02/15/2062 | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;55661 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-B1, Class AM,<br> 3.878%, 01/15/2051 (K) | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;82579 |
| &nbsp;&nbsp;&nbsp;Series 2018-B5, Class C,<br> 4.749%, 07/15/2051 (K) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;78404 |
| &nbsp;&nbsp;&nbsp;Series 2020-B16, Class AM,<br> 2.944%, 02/15/2053 (K) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;54512 |
| &nbsp;&nbsp;&nbsp;Series 2024-V6, Class C,<br> 6.669%, 03/15/2057 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;20569 |
| BFLD Commercial Mortgage Trust, Series 2024-UNIV, Class B (1 month CME Term SOFR + 1.842%),<br> 5.992%, 11/15/2041 (D)(H) | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;55103 |
| BPR Trust, Series 2024-PMDW, Class C,<br> 5.850%, 11/05/2041 (D)(K) | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;10078 |
| BRAVO Residential Funding Trust, Series 2020-NQM1, Class M1,<br> 3.181%, 05/25/2060 (D)(K) | 180000 | 174105 |
| BX Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-VOLT, Class E (1 month CME Term SOFR + 2.114%),<br> 6.265%, 09/15/2036 (D)(H) | &nbsp;&nbsp;96883 | &nbsp;&nbsp;&nbsp;96701 |
| &nbsp;&nbsp;&nbsp;Series 2025-BCAT, Class A (1 month CME Term SOFR + 1.380%),<br> 5.530%, 08/15/2042 (D)(H) | &nbsp;&nbsp;95828 | &nbsp;&nbsp;&nbsp;95918 |
| BX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-ARIA, Class D (1 month CME Term SOFR + 2.010%),<br> 6.160%, 10/15/2036 (D)(H) | &nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;25000 |
| &nbsp;&nbsp;&nbsp;Series 2021-MFM1, Class D (1 month CME Term SOFR + 1.614%),<br> 5.764%, 01/15/2034 (D)(H) | &nbsp;&nbsp;38500 | &nbsp;&nbsp;&nbsp;38500 |
| &nbsp;&nbsp;&nbsp;Series 2024-BRVE, Class B (1 month CME Term SOFR + 2.540%),<br> 6.690%, 04/15/2026 (D)(H) | &nbsp;&nbsp;95640 | &nbsp;&nbsp;&nbsp;95640 |
| CFCRE Commercial Mortgage Trust, Series 2016-C6, Class B,<br> 3.804%, 11/10/2049 | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;55672 |
| COLT Mortgage Loan Trust, Series 2024-7, Class A3 (5.994% to 11-1-28, then 6.994% thereafter),<br> 5.994%, 12/26/2069 (D) | &nbsp;&nbsp;87493 | &nbsp;&nbsp;&nbsp;88094 |
| Commercial Mortgage Trust (Cantor<br> Fitzgerald/Deutsche Bank AG) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-CR15, Class B,<br> 4.017%, 02/10/2047 (K) | &nbsp;&nbsp;22461 | &nbsp;&nbsp;&nbsp;21957 |
| &nbsp;&nbsp;&nbsp;Series 2014-CR15, Class C,<br> 4.067%, 02/10/2047 (K) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;33557 |
| &nbsp;&nbsp;&nbsp;Series 2014-CR19, Class D,<br> 4.572%, 08/10/2047 (D)(K) | &nbsp;&nbsp;&nbsp;3158 | &nbsp;&nbsp;&nbsp;&nbsp;3079 |
| &nbsp;&nbsp;&nbsp;Series 2014-LC15, Class D,<br> 4.919%, 04/10/2047 (D)(K) | &nbsp;&nbsp;78383 | &nbsp;&nbsp;&nbsp;76894 |
| CSMC Trust, Series 2021-NQM6, Class A2,<br> 1.379%, 07/25/2066 (D)(K) | &nbsp;&nbsp;52739 | &nbsp;&nbsp;&nbsp;45512 |
| Ellington Financial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 0.797%, 02/25/2066 (D)(K) | &nbsp;&nbsp;83524 | &nbsp;&nbsp;&nbsp;73101 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Ellington Financial<br> Mortgage Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-INV3, Class A1 (5.444% to 7-1-29, then 6.444% thereafter),<br> 5.444%, 07/25/2070 (D) | $&nbsp;&nbsp;99061 | $&nbsp;&nbsp;&nbsp;&nbsp;99672 |
| GCAT Trust, Series 2022-NQM2, Class A1,<br> 4.210%, 02/25/2067 (D)(K) | &nbsp;&nbsp;67535 | &nbsp;&nbsp;&nbsp;&nbsp;67291 |
| GS Mortgage Securities Trust, Series 2024-70P, Class A,<br> 5.487%, 03/10/2041 (D)(K) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;100262 |
| JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016-JP2, Class B,<br> 3.460%, 08/15/2049 | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;64607 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C22, Class B,<br> 4.660%, 09/15/2047 (K) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;38900 |
| Pretium Mortgage Credit Partners LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-RN4, Class A1,<br> 5.487%, 10/25/2051 (D)(K) | &nbsp;&nbsp;51899 | &nbsp;&nbsp;&nbsp;&nbsp;51902 |
| &nbsp;&nbsp;&nbsp;Series 2025-RPL1, Class A1 (4.000% to 1-1-29, then 5.000% thereafter),<br> 4.000%, 07/25/2069 (D) | &nbsp;&nbsp;93860 | &nbsp;&nbsp;&nbsp;&nbsp;91120 |
| PRPM LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A1 (6.469% to 5-1-28, then 9.469% to 5-1-29, then 10.469% thereafter),<br> 6.469%, 05/25/2030 (D) | &nbsp;&nbsp;93181 | &nbsp;&nbsp;&nbsp;&nbsp;93519 |
| &nbsp;&nbsp;&nbsp;Series 2025-6, Class A1 (5.774% to 8-1-28, then 8.774% to 8-1-29, then 9.774% thereafter),<br> 5.774%, 08/25/2028 (D) | &nbsp;&nbsp;95247 | &nbsp;&nbsp;&nbsp;&nbsp;95346 |
| ROCK Trust, Series 2024-CNTR, Class C,<br> 6.471%, 11/13/2041 (D) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;103865 |
| TRTX Issuer, Ltd., Series 2025-FL6, Class B (1 month CME Term SOFR + 2.046%),<br> 6.182%, 09/18/2042 (D)(H) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;99875 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 1.013%, 09/25/2066 (D)(K) | &nbsp;&nbsp;52057 | &nbsp;&nbsp;&nbsp;&nbsp;45332 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A3 (5.976% to 1-1-29, then 6.976% thereafter),<br> 5.976%, 01/25/2070 (D) | &nbsp;&nbsp;90345 | &nbsp;&nbsp;&nbsp;&nbsp;90981 |
| WBHT Commercial Mortgage Trust, Series 2025-WBM, Class A (1 month CME Term SOFR + 1.742%),<br> 5.892%, 06/15/2042 (D)(H) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;100000 |
| WSTN Trust, Series 2023-MAUI, Class B,<br> 7.263%, 07/05/2037 (D)(K) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;30518 |
|  |  | 3206090 |
| **U.S. Government Agency - 2.9%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-DNA6, Class B1 (30 day Average SOFR + 3.000%),<br> 7.356%, 12/25/2050 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;37393 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA6, Class M2 (30 day Average SOFR + 1.500%),<br> 5.856%, 10/25/2041 (D)(H) | 160924 | &nbsp;&nbsp;&nbsp;&nbsp;161352 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA7, Class B2 (30 day Average SOFR + 7.800%),<br> 12.156%, 11/25/2041 (D)(H) | $&nbsp;&nbsp;15000 | $&nbsp;&nbsp;&nbsp;15894 |
| &nbsp;&nbsp;&nbsp;Series 2021-HQA3, Class M2 (30 day Average SOFR + 2.100%),<br> 6.456%, 09/25/2041 (D)(H) | 190000 | 191009 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA1, Class B1 (30 day Average SOFR + 3.400%),<br> 7.756%, 01/25/2042 (D)(H) | 175000 | 179040 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA1, Class B2 (30 day Average SOFR + 7.100%),<br> 11.456%, 01/25/2042 (D)(H) | &nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;15906 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA5, Class M2 (30 day Average SOFR + 6.750%),<br> 11.106%, 06/25/2042 (D)(H) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;81741 |
| &nbsp;&nbsp;&nbsp;Series 2022-HQA1, Class M2 (30 day Average SOFR + 5.250%),<br> 9.606%, 03/25/2042 (D)(H) | 470000 | 495223 |
| &nbsp;&nbsp;&nbsp;Series 2023-DNA1, Class M2 (30 day Average SOFR + 5.500%),<br> 9.848%, 03/25/2043 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;37984 |
| &nbsp;&nbsp;&nbsp;Series 2023-DNA2, Class B1 (30 day Average SOFR + 7.600%),<br> 11.948%, 04/25/2043 (D)(H) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;22506 |
| &nbsp;&nbsp;&nbsp;Series 2024-DNA1, Class M2 (30 day Average SOFR + 1.950%),<br> 6.306%, 02/25/2044 (D)(H) | 100000 | 101044 |
| &nbsp;&nbsp;&nbsp;Series 2024-DNA3, Class M2 (30 day Average SOFR + 1.450%),<br> 5.806%, 10/25/2044 (D)(H) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;70021 |
| &nbsp;&nbsp;&nbsp;Series 2024-MN9, Class M1 (30 day Average SOFR + 2.450%),<br> 6.798%, 10/25/2044 (D)(H) | &nbsp;&nbsp;24091 | &nbsp;&nbsp;&nbsp;24265 |
| &nbsp;&nbsp;&nbsp;Series 2025-DNA1, Class M2 (30 day Average SOFR + 1.350%),<br> 5.706%, 01/25/2045 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;34847 |
| &nbsp;&nbsp;&nbsp;Series 2025-DNA2, Class A1 (30 day Average SOFR + 1.100%),<br> 5.456%, 05/25/2045 (D)(H) | &nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;17042 |
| &nbsp;&nbsp;&nbsp;Series 2025-DNA3, Class M2 (30 day Average SOFR + 1.500%),<br> 5.870%, 09/25/2045 (D)(H) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;30019 |
| &nbsp;&nbsp;&nbsp;Series 2025-HQA1, Class M2 (30 day Average SOFR + 1.650%),<br> 6.006%, 02/25/2045 (D)(H) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;30000 |
| &nbsp;&nbsp;&nbsp;Series 2025-MN10, Class M1 (30 day Average SOFR + 2.050%),<br> 6.405%, 02/25/2045 (D)(H) | &nbsp;&nbsp;98378 | &nbsp;&nbsp;&nbsp;97567 |
| &nbsp;&nbsp;&nbsp;Series 2025-MN11, Class M2 (30 day Average SOFR + 2.650%),<br> 7.006%, 07/25/2045 (D)(H) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;59958 |
| &nbsp;&nbsp;&nbsp;Series 324, Class C18 IO,<br> 4.000%, 12/15/2033 | 135537 | &nbsp;&nbsp;&nbsp;11394 |
| &nbsp;&nbsp;&nbsp;Series 400, Class C4 IO,<br> 3.000%, 12/25/2052 | 123145 | &nbsp;&nbsp;&nbsp;22088 |
| &nbsp;&nbsp;&nbsp;Series 405, Class C17 IO,<br> 2.500%, 08/25/2052 | 107092 | &nbsp;&nbsp;&nbsp;16723 |
| &nbsp;&nbsp;&nbsp;Series 4446, Class BI IO,<br> 6.500%, 04/15/2039 | &nbsp;&nbsp;59401 | &nbsp;&nbsp;&nbsp;10934 |
| &nbsp;&nbsp;&nbsp;Series 4975, Class EI IO,<br> 4.500%, 05/25/2050 | 101762 | &nbsp;&nbsp;&nbsp;20156 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5158, Class GI,<br> 3.500%, 06/25/2049 | $&nbsp;&nbsp;80596 | $&nbsp;&nbsp;&nbsp;14424 |
| &nbsp;&nbsp;&nbsp;Series 5462, Class S IO,<br> 1.644%, 10/25/2054 | 113820 | &nbsp;&nbsp;&nbsp;&nbsp;8835 |
| &nbsp;&nbsp;&nbsp;Series 5543, Class DZ,<br> 5.000%, 06/25/2055 | 193187 | 183827 |
| &nbsp;&nbsp;&nbsp;Series K103, Class X1 IO,<br> 0.752%, 11/25/2029 | 998466 | &nbsp;&nbsp;&nbsp;22666 |
| &nbsp;&nbsp;&nbsp;Series K106, Class X3 IO,<br> 1.974%, 03/25/2048 | 490000 | &nbsp;&nbsp;&nbsp;34065 |
| &nbsp;&nbsp;&nbsp;Series K122, Class X1 IO,<br> 0.961%, 11/25/2030 | &nbsp;&nbsp;97878 | &nbsp;&nbsp;&nbsp;&nbsp;3601 |
| &nbsp;&nbsp;&nbsp;Series K129, Class X3 IO,<br> 3.270%, 05/25/2031 | 165000 | &nbsp;&nbsp;&nbsp;24325 |
| &nbsp;&nbsp;&nbsp;Series K737, Class X1 IO,<br> 0.723%, 10/25/2026 | 426820 | &nbsp;&nbsp;&nbsp;&nbsp;2065 |
| &nbsp;&nbsp;&nbsp;Series K740, Class X3 IO,<br> 2.564%, 11/25/2047 | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;6048 |
| &nbsp;&nbsp;&nbsp;Series K742, Class X3, IO,<br> 2.685%, 04/25/2028 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;6074 |
| &nbsp;&nbsp;&nbsp;Series Q014, Class X IO,<br> 2.773%, 10/25/2055 | 145467 | &nbsp;&nbsp;&nbsp;21171 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-C03, Class 1B (30 day Average SOFR + 11.864%),<br> 16.221%, 10/25/2028 (H) | &nbsp;&nbsp;29663 | &nbsp;&nbsp;&nbsp;31229 |
| &nbsp;&nbsp;&nbsp;Series 2016-C04, Class 1B (30 day Average SOFR + 10.364%),<br> 14.721%, 01/25/2029 (H) | &nbsp;&nbsp;29398 | &nbsp;&nbsp;&nbsp;31258 |
| &nbsp;&nbsp;&nbsp;Series 2016-C06, Class 1B (30 day Average SOFR + 9.364%),<br> 13.721%, 04/25/2029 (H) | &nbsp;&nbsp;34469 | &nbsp;&nbsp;&nbsp;36942 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class NI IO,<br> 2.500%, 02/25/2051 | 189921 | &nbsp;&nbsp;&nbsp;28794 |
| &nbsp;&nbsp;&nbsp;Series 2021-67, Class IG IO,<br> 3.000%, 10/25/2051 | 111749 | &nbsp;&nbsp;&nbsp;18433 |
| &nbsp;&nbsp;&nbsp;Series 2021-R03, Class 1B2 (30 day Average SOFR + 5.500%),<br> 9.856%, 12/25/2041 (D)(H) | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;77643 |
| &nbsp;&nbsp;&nbsp;Series 2022-R02, Class 2B1 (30 day Average SOFR + 4.500%),<br> 8.856%, 01/25/2042 (D)(H) | 175000 | 181454 |
| &nbsp;&nbsp;&nbsp;Series 2022-R03, Class 1B1 (30 day Average SOFR + 6.250%),<br> 10.606%, 03/25/2042 (D)(H) | &nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;73701 |
| &nbsp;&nbsp;&nbsp;Series 2022-R04, Class 1B1 (30 day Average SOFR + 5.250%),<br> 9.606%, 03/25/2042 (D)(H) | 165000 | 174473 |
| &nbsp;&nbsp;&nbsp;Series 2022-R05, Class 2B1 (30 day Average SOFR + 4.500%),<br> 8.856%, 04/25/2042 (D)(H) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;73167 |
| &nbsp;&nbsp;&nbsp;Series 2023-2, Class CI IO,<br> 2.000%, 10/25/2050 | &nbsp;&nbsp;83638 | &nbsp;&nbsp;&nbsp;10791 |
| &nbsp;&nbsp;&nbsp;Series 2023-R01, Class 1B1 (30 day Average SOFR + 5.100%),<br> 9.448%, 12/25/2042 (D)(H) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;21413 |
| &nbsp;&nbsp;&nbsp;Series 2023-R02, Class 1M2 (30 day Average SOFR + 3.350%),<br> 7.706%, 01/25/2043 (D)(H) | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;41750 |
| &nbsp;&nbsp;&nbsp;Series 2023-R03, Class 2M2 (30 day Average SOFR + 3.900%),<br> 8.256%, 04/25/2043 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;37012 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-R05, Class 1M2 (30 day Average SOFR + 3.100%),<br> 7.448%, 06/25/2043 (D)(H) | $&nbsp;&nbsp;36000 | $&nbsp;&nbsp;&nbsp;37395 |
| &nbsp;&nbsp;&nbsp;Series 2023-R06, Class 1B1 (30 day Average SOFR + 3.900%),<br> 8.256%, 07/25/2043 (D)(H) | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;21038 |
| &nbsp;&nbsp;&nbsp;Series 2023-R06, Class 1M2 (30 day Average SOFR + 2.700%),<br> 7.056%, 07/25/2043 (D)(H) | 110000 | 113658 |
| &nbsp;&nbsp;&nbsp;Series 2023-R08, Class 1B1 (30 day Average SOFR + 3.550%),<br> 7.906%, 10/25/2043 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;36531 |
| &nbsp;&nbsp;&nbsp;Series 2024-86, Class SA IO,<br> 0.694%, 12/25/2054 | 183922 | &nbsp;&nbsp;&nbsp;&nbsp;6656 |
| &nbsp;&nbsp;&nbsp;Series 2024-R02, Class 1B1 (30 day Average SOFR + 2.500%),<br> 6.856%, 02/25/2044 (D)(H) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;61013 |
| &nbsp;&nbsp;&nbsp;Series 2024-R04, Class 1M2 (30 day Average SOFR + 1.650%),<br> 6.006%, 05/25/2044 (D)(H) | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;90169 |
| &nbsp;&nbsp;&nbsp;Series 2024-R05, Class 2B1 (30 day Average SOFR + 2.000%),<br> 6.356%, 07/25/2044 (D)(H) | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;35000 |
| &nbsp;&nbsp;&nbsp;Series 2025-22, Class AZ,<br> 5.000%, 04/25/2055 | 184527 | 175131 |
| &nbsp;&nbsp;&nbsp;Series 2025-44, Class ZA,<br> 5.000%, 06/25/2055 | 183019 | 166838 |
| &nbsp;&nbsp;&nbsp;Series 2025-R01, Class 1B1 (30 day Average SOFR + 1.700%),<br> 6.048%, 01/25/2045 (D)(H) | &nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;59738 |
| &nbsp;&nbsp;&nbsp;Series 2025-R03, Class 2M2 (30 day Average SOFR + 2.250%),<br> 6.606%, 03/25/2045 (D)(H) | 110000 | 111788 |
| &nbsp;&nbsp;&nbsp;Series 2025-R04, Class 1M2 (30 day Average SOFR + 1.500%),<br> 5.856%, 05/25/2045 (D)(H) | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;30116 |
| &nbsp;&nbsp;&nbsp;Series 2025-R05, Class 2A1 (30 day Average SOFR + 1.000%),<br> 5.356%, 07/25/2045 (D)(H) | &nbsp;&nbsp;42386 | &nbsp;&nbsp;&nbsp;42459 |
| &nbsp;&nbsp;&nbsp;Series 2025-R05, Class 2M2 (30 day Average SOFR + 1.600%),<br> 5.956%, 07/25/2045 (D)(H) | &nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;70244 |
| &nbsp;&nbsp;&nbsp;Series 410, Class C8 IO,<br> 4.000%, 04/25/2032 | &nbsp;&nbsp;73424 | &nbsp;&nbsp;&nbsp;&nbsp;5706 |
| &nbsp;&nbsp;&nbsp;Series 437, Class C8 IO,<br> 2.500%, 06/25/2052 | 108049 | &nbsp;&nbsp;&nbsp;17443 |
| &nbsp;&nbsp;&nbsp;Series 441, Class C5 IO,<br> 2.000%, 04/25/2052 | &nbsp;&nbsp;91534 | &nbsp;&nbsp;&nbsp;10863 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-62, Class CI IO,<br> 4.500%, 05/20/2045 | 107536 | &nbsp;&nbsp;&nbsp;24062 |
| &nbsp;&nbsp;&nbsp;Series 2017-130, Class IO,<br> 4.500%, 02/20/2040 | 106684 | &nbsp;&nbsp;&nbsp;18706 |
| &nbsp;&nbsp;&nbsp;Series 2018-168, Class AI IO,<br> 5.000%, 12/16/2048 | &nbsp;&nbsp;89488 | &nbsp;&nbsp;&nbsp;18404 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class IA IO,<br> 3.500%, 11/20/2041 | 157917 | &nbsp;&nbsp;&nbsp;24489 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-142, Class BI,<br> 3.500%, 08/20/2051 | 113904 | $&nbsp;&nbsp;&nbsp;&nbsp;21113 |
|  |  | 4147827 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $7,251,617) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $7,251,617) | $7353917 |
| **ASSET-BACKED SECURITIES - 3.8%** | **ASSET-BACKED SECURITIES - 3.8%** |  |
| AASET Trust, Series 2024-1A, Class A1,<br> 6.261%, 05/16/2049 (D) | 232795 | &nbsp;&nbsp;&nbsp;&nbsp;240326 |
| Arbor Realty Commercial Real Estate Notes, Ltd., Series 2021-FL3, Class B (1 month CME Term SOFR + 1.714%),<br> 5.865%, 08/15/2034 (D)(H) | 110000 | &nbsp;&nbsp;&nbsp;&nbsp;109994 |
| Bain Capital Credit CLO, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-3A, Class CR (3 month CME Term SOFR + 1.900%),<br> 6.219%, 07/24/2034 (D)(H) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;100054 |
| &nbsp;&nbsp;&nbsp;Series 2020-5A, Class DRR (3 month CME Term SOFR + 2.900%),<br> 7.085%, 04/20/2034 (D)(H) | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;249993 |
| Benefit Street Partners CLO XXII, Ltd., Series 2020-22A, Class CRR (3 month CME Term SOFR + 1.750%),<br> 6.075%, 04/20/2035 (D)(H) | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;250022 |
| BlueMountain CLO, Ltd., Series 2018-2A, Class D (3 month CME Term SOFR + 3.412%),<br> 7.623%, 08/15/2031 (D)(H) | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;250678 |
| DataBank Issuer, Series 2021-2A, Class A2,<br> 2.400%, 10/25/2051 (D) | &nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp;53418 |
| Domino's Pizza Master Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2,<br> 3.668%, 10/25/2049 (D) | &nbsp;&nbsp;48000 | &nbsp;&nbsp;&nbsp;&nbsp;46171 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I,<br> 2.662%, 04/25/2051 (D) | &nbsp;&nbsp;97250 | &nbsp;&nbsp;&nbsp;&nbsp;91936 |
| FirstKey Homes Trust, Series 2022-SFR1, Class C,<br> 4.642%, 05/19/2039 (D) | 105000 | &nbsp;&nbsp;&nbsp;&nbsp;104331 |
| Flatiron CLO 20, Ltd., Series 2020-1A, Class CR (3 month CME Term SOFR + 2.350%),<br> 6.554%, 05/20/2036 (D)(H) | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;150000 |
| Flatiron CLO 23 LLC, Series 2023-1A, Class CR (3 month CME Term SOFR + 1.800%),<br> 6.122%, 04/17/2036 (D)(H) | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;250572 |
| Greystone Commercial Real Estate Notes, Ltd., Series 2021-FL3, Class B (1 month CME Term SOFR + 1.764%),<br> 5.915%, 07/15/2039 (D)(H) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;99878 |
| Hertz Vehicle Financing LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-2A, Class C,<br> 2.950%, 06/26/2028 (D) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;96475 |
| &nbsp;&nbsp;&nbsp;Series 2021-2A, Class C,<br> 2.520%, 12/27/2027 (D) | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;97286 |
| Hilton Grand Vacations Trust, Series 2024-3A, Class B,<br> 5.270%, 08/27/2040 (D) | &nbsp;&nbsp;68714 | &nbsp;&nbsp;&nbsp;&nbsp;69438 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Horizon Aircraft Finance I, Ltd., Series 2018-1, Class A,<br> 4.458%, 12/15/2038 (D) | $&nbsp;&nbsp;89189 | $&nbsp;&nbsp;&nbsp;88074 |
| Horizon Aircraft Finance II, Ltd., Series 2019-1, Class A,<br> 3.721%, 07/15/2039 (D) | &nbsp;&nbsp;69807 | &nbsp;&nbsp;&nbsp;68410 |
| Jersey Mike's Funding LLC, Series 2025-1A, Class A2,<br> 5.610%, 08/16/2055 (D) | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;51055 |
| Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A,<br> 2.636%, 10/15/2046 (D) | 167847 | 158569 |
| MAPS Trust, Series 2021-1A, Class A,<br> 2.521%, 06/15/2046 (D) | &nbsp;&nbsp;55456 | &nbsp;&nbsp;&nbsp;53038 |
| OCP CLO, Ltd., Series 2015-9A, Class D1R3 (3 month CME Term SOFR + 2.500%),<br> 6.818%, 01/15/2037 (D)(H) | 250000 | 249633 |
| OneMain Direct Auto Receivables Trust, Series 2025-1A, Class D,<br> 6.100%, 07/14/2037 (D) | 100000 | 101863 |
| Palmer Square Loan Funding, Ltd., Series 2025-1A, Class C (3 month CME Term SOFR + 2.250%),<br> 6.461%, 02/15/2033 (D)(H) | 250000 | 249983 |
| Progress Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR1, Class E1,<br> 3.930%, 02/17/2041 (D) | 150000 | 144044 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR4, Class C,<br> 4.888%, 05/17/2041 (D) | 100000 | &nbsp;&nbsp;&nbsp;99398 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR7, Class D,<br> 5.500%, 10/27/2039 (D) | 100000 | &nbsp;&nbsp;&nbsp;99794 |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR3, Class E1,<br> 4.000%, 06/17/2041 (D) | 100000 | &nbsp;&nbsp;&nbsp;94324 |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR9, Class F,<br> 4.053%, 11/17/2040 (D) | 100000 | &nbsp;&nbsp;&nbsp;95002 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class B,<br> 4.000%, 10/17/2042 (D) | 100000 | &nbsp;&nbsp;&nbsp;95778 |
| Rockford Tower CLO, Ltd., Series 2021-1A, Class B (3 month CME Term SOFR + 1.912%),<br> 6.237%, 07/20/2034 (D)(H) | 250000 | 250213 |
| Slam, Ltd., Series 2024-1A, Class A,<br> 5.335%, 09/15/2049 (D) | &nbsp;&nbsp;93674 | &nbsp;&nbsp;&nbsp;94387 |
| Sonic Capital LLC, Series 2020-1A, Class A2I,<br> 3.845%, 01/20/2050 (D) | &nbsp;&nbsp;90171 | &nbsp;&nbsp;&nbsp;88866 |
| STAR Trust, Series 2025-SFR6, Class A (1 month CME Term SOFR + 1.400%),<br> 5.551%, 08/17/2042 (D)(H) | 100000 | 100209 |
| Start II, Ltd., Series 2019-1, Class A,<br> 4.089%, 03/15/2044 (D) | &nbsp;&nbsp;82274 | &nbsp;&nbsp;&nbsp;81763 |
| Subway Funding LLC, Series 2024-1A, Class A2I,<br> 6.028%, 07/30/2054 (D) | &nbsp;&nbsp;69475 | &nbsp;&nbsp;&nbsp;70434 |
| Switch ABS Issuer LLC, Series 2025-1A, Class A2,<br> 5.036%, 03/25/2055 (D) | &nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;49536 |
| Symphony CLO XXII, Ltd., Series 2020-22A, Class CR (3 month CME Term SOFR + 2.100%),<br> 6.429%, 04/18/2033 (D)(H) | 250000 | 250019 |
| Symphony CLO XXIX, Ltd., Series 2021-29A, Class CR (3 month CME Term SOFR + 1.900%),<br> 6.183%, 10/15/2035 (D)(H) | 250000 | 250966 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Taco Bell Funding LLC, Series 2025-1A, Class A2I,<br> 4.821%, 08/25/2055 (D) | 85000 | $&nbsp;&nbsp;&nbsp;&nbsp;85178 |
| Texas Natural Gas Securitization Finance Corp., Series 2023-1, Class A2,<br> 5.169%, 04/01/2041 | 50000 | &nbsp;&nbsp;&nbsp;&nbsp;50934 |
| VCAT LLC, Series 2025-NPL1, Class A1 (5.877% to 1-25-28, then 8.877% to 1-25-29, then 9.877% thereafter),<br> 5.877%, 01/25/2055 (D) | 80423 | &nbsp;&nbsp;&nbsp;&nbsp;80595 |
| VOLT CII LLC, Series 2021-NP11, Class A1,<br> 5.868%, 08/25/2051 (D) | 45313 | &nbsp;&nbsp;&nbsp;&nbsp;45300 |
| Willis Engine Structured Trust IV, Series 2018-A, Class A,<br> 4.750%, 09/15/2043 (D) | 27863 | &nbsp;&nbsp;&nbsp;&nbsp;27790 |
| TOTAL ASSET-BACKED SECURITIES (Cost $5,398,842) | TOTAL ASSET-BACKED SECURITIES (Cost $5,398,842) | $5435727 |
| **COMMON STOCKS - 0.0%** | **COMMON STOCKS - 0.0%** |  |
| **Hong Kong - 0.0%** |  |  |
| Yuzhou Group Holdings Company, Ltd. (L)(M) | 30226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990 |
| **Mexico - 0.0%** |  |  |
| Unifin Financiera SAB de CV (L)(M) | 27653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| TOTAL COMMON STOCKS (Cost $108,654) | TOTAL COMMON STOCKS (Cost $108,654) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990 |
| **PREFERRED SECURITIES - 3.0%** | **PREFERRED SECURITIES - 3.0%** |  |
| **Bermuda - 0.0%** |  |  |
| Enstar Group, Ltd., 7.000% (7.000% to 9-1-28, then 3 month LIBOR + 4.015%) | &nbsp;&nbsp;3337 | &nbsp;&nbsp;&nbsp;&nbsp;79421 |
| **United States - 3.0%** |  |  |
| AGNC Investment Corp., 7.750% (7.750% to 10-15-27, then 5 Year CMT + 4.390%) | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;251800 |
| AGNC Investment Corp., 9.276% (3 month CME Term SOFR + 4.959%) (H) | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;253600 |
| Albemarle Corp., 7.250% | &nbsp;&nbsp;3644 | &nbsp;&nbsp;&nbsp;&nbsp;138035 |
| Ares Management Corp., 6.750% | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;34783 |
| Array Digital Infrastructure, Inc., 5.500% | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4695 |
| Bank of America Corp., 7.250% | &nbsp;&nbsp;&nbsp;&nbsp;784 | 1003520 |
| Citizens Financial Group, Inc., 6.500% (6.500% 10-6-30, then 5 Year CMT + 2.629%) | 22400 | &nbsp;&nbsp;&nbsp;&nbsp;565600 |
| Citizens Financial Group, Inc., 7.375% | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3439 |
| Comerica, Inc., 6.875% (6.875% to 10-1-30, then 5 Year CMT + 3.125%) | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;252300 |
| Corebridge Financial, Inc., 6.375% | &nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;39206 |
| DTE Energy Company, 6.250% | &nbsp;&nbsp;4325 | &nbsp;&nbsp;&nbsp;&nbsp;109812 |
| Federal Home Loan Mortgage Corp., Series Z, 8.375% (M) | &nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;10557 |
| Federal National Mortgage Association, Series S, 8.250% (M) | &nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;11205 |
| KKR & Company, Inc., 6.250% | &nbsp;&nbsp;&nbsp;&nbsp;929 | &nbsp;&nbsp;&nbsp;&nbsp;48633 |
| Morgan Stanley, 6.625% | &nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp;73844 |
| PG&E Corp., 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;679 | &nbsp;&nbsp;&nbsp;&nbsp;26739 |
| Sempra, 5.750% (G) | &nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp;12276 |
| Stifel Financial Corp., 5.200% | &nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;12209 |
| Synchrony Financial, 8.250% (8.250% to 5-15-29, then 5 Year CMT + 4.044%) | &nbsp;&nbsp;3884 | &nbsp;&nbsp;&nbsp;&nbsp;100518 |
| The Boeing Company, 6.000% | &nbsp;&nbsp;1222 | &nbsp;&nbsp;&nbsp;&nbsp;85015 |
| The Southern Company, 6.500% | &nbsp;&nbsp;3306 | &nbsp;&nbsp;&nbsp;&nbsp;85262 |
| T-Mobile USA, Inc., 5.500% (G) | &nbsp;&nbsp;1997 | &nbsp;&nbsp;&nbsp;&nbsp;45631 |
| T-Mobile USA, Inc., 5.500% | &nbsp;&nbsp;2199 | &nbsp;&nbsp;&nbsp;&nbsp;49807 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **PREFERRED SECURITIES (continued)** | **PREFERRED SECURITIES (continued)** |  |
| **United States (continued)** |  |  |
| T-Mobile USA, Inc., 6.250% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25519 |
| Wells Fargo & Company, 7.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967683 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4211688 |
| TOTAL PREFERRED SECURITIES (Cost $4,077,792) | TOTAL PREFERRED SECURITIES (Cost $4,077,792) | $&nbsp;&nbsp;&nbsp;&nbsp;4291109 |
| **EXCHANGE-TRADED FUNDS - 9.9%** | **EXCHANGE-TRADED FUNDS - 9.9%** |  |
| Invesco National AMT-Free Municipal Bond ETF (G) | &nbsp;&nbsp;&nbsp;&nbsp;72700 | &nbsp;&nbsp;&nbsp;&nbsp;1678643 |
| iShares iBoxx $ High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31664 |
| iShares National Muni Bond ETF (G) | &nbsp;&nbsp;&nbsp;&nbsp;63000 | &nbsp;&nbsp;&nbsp;&nbsp;6708870 |
| Vanguard Tax-Exempt Bond Index ETF (G) | &nbsp;&nbsp;&nbsp;112800 | &nbsp;&nbsp;&nbsp;&nbsp;5647896 |
| TOTAL EXCHANGE-TRADED FUNDS (Cost $13,681,411) | TOTAL EXCHANGE-TRADED FUNDS (Cost $13,681,411) | $&nbsp;&nbsp;&nbsp;14067073 |
| **ESCROW CERTIFICATES - 0.0%** |  |  |
| Unifin Financiera SAB de CV (M) | $&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11890 |
| TOTAL ESCROW CERTIFICATES (Cost $114,614) | TOTAL ESCROW CERTIFICATES (Cost $114,614) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11890 |
| **SHORT-TERM INVESTMENTS - 10.1%** | **SHORT-TERM INVESTMENTS - 10.1%** |  |
| **Short-term funds - 10.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (N)(O) | 1008664 | &nbsp;&nbsp;&nbsp;10090065 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (N) | 4207624 | &nbsp;&nbsp;&nbsp;&nbsp;4207624 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $14,298,001) | TOTAL SHORT-TERM INVESTMENTS (Cost $14,298,001) | $&nbsp;&nbsp;&nbsp;14297689 |
| **Total Investments (Opportunistic Fixed Income Trust)<br> (Cost $184,740,333) - 130.1%** | **Total Investments (Opportunistic Fixed Income Trust)<br> (Cost $184,740,333) - 130.1%** | $**185248860** |
| **Other assets and liabilities, net - (30.1%)** | **Other assets and liabilities, net - (30.1%)** | &nbsp;&nbsp;**(42831669)** |
| **TOTAL NET ASSETS - 100.0%** | **TOTAL NET ASSETS - 100.0%** | $**142417191** |
| **SALE COMMITMENTS<br> OUTSTANDING - (11.1%)** |  |  |
| **U.S. Government Agency - (11.1)%** |  |  |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, TBA (B) | $&nbsp;&nbsp;(920000) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(741463) |
| &nbsp;&nbsp;&nbsp;2.500%, TBA (B) | &nbsp;&nbsp;(725000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(681670) |
| &nbsp;&nbsp;&nbsp;3.000%, TBA (B) | (1231000) | &nbsp;&nbsp;&nbsp;(1081212) |
| &nbsp;&nbsp;&nbsp;3.500%, TBA (B) | &nbsp;&nbsp;(200000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(182742) |
| &nbsp;&nbsp;&nbsp;4.000%, TBA (B) | (1440000) | &nbsp;&nbsp;&nbsp;(1356919) |
| &nbsp;&nbsp;&nbsp;4.000%, TBA (B) | &nbsp;&nbsp;(950000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(895004) |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) | &nbsp;&nbsp;(350000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(339473) |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) | &nbsp;&nbsp;(160000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(155125) |
| &nbsp;&nbsp;&nbsp;5.000%, TBA (B) | (3041000) | &nbsp;&nbsp;&nbsp;(3014035) |
| &nbsp;&nbsp;&nbsp;5.000%, TBA (B) | (3365000) | &nbsp;&nbsp;&nbsp;(3337002) |
| &nbsp;&nbsp;&nbsp;6.500%, TBA (B) | (1945000) | &nbsp;&nbsp;&nbsp;(2009960) |
| &nbsp;&nbsp;&nbsp;6.500%, TBA (B) | &nbsp;&nbsp;(970000) | &nbsp;&nbsp;&nbsp;(1003041) |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) | &nbsp;&nbsp;(525000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(509248) |
| &nbsp;&nbsp;&nbsp;4.500%, TBA (B) | &nbsp;&nbsp;(525000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(509104) |
| TOTAL SALE COMMITMENTS OUTSTANDING (Proceeds received $15,862,620) | TOTAL SALE COMMITMENTS OUTSTANDING (Proceeds received $15,862,620) | $&nbsp;&nbsp;(15815998) |

---

---

| | |
|:---|:---|
| <u>Currency Abbreviations</u> | <u>Currency Abbreviations</u> |
| ARS | Argentine Peso |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CLP | Chilean Peso |
| COP | Colombian Peso |
| CZK | Czech Republic Koruna |
| EUR | Euro |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | |
|:---|:---|
| GBP | Pound Sterling |
| HKD | Hong Kong Dollar |
| HUF | Hungarian Forint |
| IDR | Indonesian Rupiah |
| INR | Indian Rupee |
| ISK | Icelandic Krona |
| JPY | Japanese Yen |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peruvian Nuevo Sol |
| PLN | Polish Zloty |
| RON | Romanian New Leu |
| THB | Thai Bhat |
| TRY | Turkish Lira |
| UYU | Uruguayan Peso |
| ZAR | South African Rand |
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| EURIBOR | Euro Interbank Offered Rate |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| LIBOR | London Interbank Offered Rate |
| PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
| SOFR | Secured Overnight Financing Rate |
| TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
| (A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |

---

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

(C) 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.

(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. Rule 144A securities amounted to $33,055,501 or 23.2% of the fund's net assets as of 9-30-25.

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

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

(G) All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $9,854,492.

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

(I) Term loans are variable rate obligations. The rate shown represents the rate at period end.

(J) This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate,
which is disclosed as TBD (To Be Determined).

(K) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The
interest rate shown is the current rate as of period end.

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

(M) Non-income producing security.

(N) The rate shown is the annualized seven-day yield as of 9-30-25.

(O) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| 10-Year Australian Treasury Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$3756047 | &nbsp;&nbsp;&nbsp;&nbsp;$3750239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(5808) |
| 10-Year Canada Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4129958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4223669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93711 |
| 10-Year Japan Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6088) |
| 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;11941213 | &nbsp;&nbsp;&nbsp;&nbsp;11925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16213) |
| 5-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2411934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9637) |
| U.K. Long Gilt Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1586203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016 |
| U.S. Treasury Long Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1047295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2049 |
| Ultra 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5040203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5063438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23235 |
| Ultra U.S. Treasury Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3597735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3601875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4140 |
| 2-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5004556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5001563) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993 |
| Euro SCHATZ Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4150770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4144798) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5972 |
| Euro-BTP Italian Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3620185) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3658154) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37969) |
| Euro-Buxl Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(798396) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(806432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8036) |
| Euro-OAT Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(710119) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(712355) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2236) |
| German Euro BOBL Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(277638) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(276630) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008 |
| German Euro BUND Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2874667) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2868006) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6661 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$55798** |

---

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

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### FORWARD FOREIGN CURRENCY CONTRACTS

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| ARS | &nbsp;&nbsp;7560000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;5196 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;11/7/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$(240) |
| ARS | &nbsp;&nbsp;43245000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;29824 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;11/19/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(2038) |
| AUD | &nbsp;&nbsp;14100 | &nbsp;&nbsp;USD | &nbsp;&nbsp;9315 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;$19 | &nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1783994 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;3344 | &nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;987000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;650770 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;2601 | &nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;745000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;491953 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1220 | &nbsp;&nbsp;— |
| AUD | &nbsp;&nbsp;249000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;164554 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;278 | &nbsp;&nbsp;— |
| BRL | &nbsp;&nbsp;53403000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;9933228 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/2/2025 | &nbsp;&nbsp;100686 | &nbsp;&nbsp;— |
| BRL | &nbsp;&nbsp;8178000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1515300 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;11/4/2025 | &nbsp;&nbsp;8950 | &nbsp;&nbsp;— |
| BRL | &nbsp;&nbsp;145000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;26495 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/2/2025 | &nbsp;&nbsp;361 | &nbsp;&nbsp;— |
| BRL | &nbsp;&nbsp;591000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;106663 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/2/2025 | &nbsp;&nbsp;2798 | &nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;5000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;3622 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24) |
| CAD | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1055952 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1832 | &nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;1469000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1054847 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;2217 | &nbsp;&nbsp;— |
| CAD | &nbsp;&nbsp;1490000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1079365 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(7189) |
| CHF | &nbsp;&nbsp;6500 | &nbsp;&nbsp;USD | &nbsp;&nbsp;8238 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45) |
| CLP | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;11583 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(142) |
| CLP | &nbsp;&nbsp;21500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;22541 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(180) |
| CLP | &nbsp;&nbsp;14340000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;14886 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;29 | &nbsp;&nbsp;— |
| CNY | &nbsp;&nbsp;522000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;73818 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(239) |
| CNY | &nbsp;&nbsp;1895000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;267980 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(867) |
| COP | &nbsp;&nbsp;1174432000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;301043 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(2526) |
| CZK | &nbsp;&nbsp;31361000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1516720 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(3228) |
| CZK | &nbsp;&nbsp;7651000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;368417 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;1253 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;697000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;12469 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/27/2025 | &nbsp;&nbsp;1918 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;530000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;10605 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;81 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;2290000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;38840 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;1/8/2026 | &nbsp;&nbsp;6897 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;2380000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;40325 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;1/8/2026 | &nbsp;&nbsp;7209 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;1049000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;18102 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;1/26/2026 | &nbsp;&nbsp;2707 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;1928000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;33293 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;1/27/2026 | &nbsp;&nbsp;4937 | &nbsp;&nbsp;— |
| EGP | &nbsp;&nbsp;1680000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;30303 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/5/2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32) |
| EUR | &nbsp;&nbsp;9000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;10593 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9) |
| EUR | &nbsp;&nbsp;197900 | &nbsp;&nbsp;USD | &nbsp;&nbsp;233865 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(1124) |
| EUR | &nbsp;&nbsp;101000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;119404 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(616) |
| EUR | &nbsp;&nbsp;29000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;34197 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;—— | &nbsp;&nbsp;—— |
| EUR | &nbsp;&nbsp;25000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;29629 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(149) |
| EUR | &nbsp;&nbsp;5000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;5896 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;—— | &nbsp;&nbsp;—— |
| GBP | &nbsp;&nbsp;13300 | &nbsp;&nbsp;USD | &nbsp;&nbsp;17984 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94) |
| GBP | &nbsp;&nbsp;1099000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1479027 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(753) |
| GBP | &nbsp;&nbsp;14000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;18952 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(120) |
| GBP | &nbsp;&nbsp;29000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;39298 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(292) |
| GBP | &nbsp;&nbsp;13000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;17582 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97) |
| HKD | &nbsp;&nbsp;340000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;43756 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37) |
| HKD | &nbsp;&nbsp;70000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;9003 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) |
| HUF | &nbsp;&nbsp;505782000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1515359 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;4637 | &nbsp;&nbsp;— |
| HUF | &nbsp;&nbsp;107373000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;316566 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;5185 | &nbsp;&nbsp;— |
| HUF | &nbsp;&nbsp;11800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;35446 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86) |
| IDR | &nbsp;&nbsp;24336504000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1452752 | &nbsp;&nbsp;DB | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;5192 | &nbsp;&nbsp;— |
| IDR | &nbsp;&nbsp;512470000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;30986 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(336) |
| IDR | &nbsp;&nbsp;2286000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;136601 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;120 | &nbsp;&nbsp;— |
| INR | &nbsp;&nbsp;24970000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;280827 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(230) |
| INR | &nbsp;&nbsp;3430000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;38875 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(439) |
| INR | &nbsp;&nbsp;4613000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;51995 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(303) |
| JPY | &nbsp;&nbsp;2932000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;19939 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54) |
| JPY | &nbsp;&nbsp;215198000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1451868 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;7597 | &nbsp;&nbsp;— |
| JPY | &nbsp;&nbsp;104100000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;702366 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;3711 | &nbsp;&nbsp;— |
| KRW | &nbsp;&nbsp;2019313000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1440492 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(795) |
| KRW | &nbsp;&nbsp;55670000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;40514 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(728) |
| KRW | &nbsp;&nbsp;15680000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;11344 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(138) |
| KZT | &nbsp;&nbsp;16400000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;29485 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(304) |
| KZT | &nbsp;&nbsp;29900000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;53826 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(623) |
| MXN | &nbsp;&nbsp;4039000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;218235 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;1661 | &nbsp;&nbsp;— |
| MXN | &nbsp;&nbsp;1127000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;60941 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;410 | &nbsp;&nbsp;— |
| MXN | &nbsp;&nbsp;530000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;28609 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;98 | &nbsp;&nbsp;— |
| MYR | &nbsp;&nbsp;738000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;175672 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;70 | &nbsp;&nbsp;— |
| NGN | &nbsp;&nbsp;86176000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;55850 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;323 | &nbsp;&nbsp;— |
| NGN | &nbsp;&nbsp;34791000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;20883 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;2/9/2026 | &nbsp;&nbsp;1305 | &nbsp;&nbsp;— |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br> FORWARD FOREIGN CURRENCY CONTRACTS (continued)<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| NOK | &nbsp;&nbsp;14976000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1505622 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(4676) |
| NZD | &nbsp;&nbsp;465000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;269708 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;$178 | &nbsp;&nbsp;— |
| NZD | &nbsp;&nbsp;2857000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1669982 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(11783) |
| NZD | &nbsp;&nbsp;411000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;238809 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(265) |
| PEN | &nbsp;&nbsp;165000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;47496 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(65) |
| PEN | &nbsp;&nbsp;444000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;126803 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;828 | &nbsp;&nbsp;— |
| PEN | &nbsp;&nbsp;92000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;26433 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;13 | &nbsp;&nbsp;— |
| PHP | &nbsp;&nbsp;64109000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1111539 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(13484) |
| PHP | &nbsp;&nbsp;3270000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;57348 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1415) |
| PLN | &nbsp;&nbsp;1256000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;344087 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;1040 | &nbsp;&nbsp;— |
| RSD | &nbsp;&nbsp;4360000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;43478 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;187 | &nbsp;&nbsp;— |
| SEK | &nbsp;&nbsp;1046000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;111317 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) |
| SGD | &nbsp;&nbsp;10000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;7812 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42) |
| THB | &nbsp;&nbsp;7608000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;240988 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4771) |
| THB | &nbsp;&nbsp;3136000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;99417 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2049) |
| TRY | &nbsp;&nbsp;9167000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;214795 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;695 | &nbsp;&nbsp;— |
| TRY | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;33132 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;105 | &nbsp;&nbsp;— |
| TRY | &nbsp;&nbsp;2510000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;45324 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;4/27/2026 | &nbsp;&nbsp;5899 | &nbsp;&nbsp;— |
| TRY | &nbsp;&nbsp;24005000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;430077 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;4/28/2026 | &nbsp;&nbsp;59425 | &nbsp;&nbsp;— |
| TRY | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;220814 | &nbsp;&nbsp;DB | &nbsp;&nbsp;7/17/2026 | &nbsp;&nbsp;9560 | &nbsp;&nbsp;— |
| TRY | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;268914 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;9/16/2026 | &nbsp;&nbsp;6252 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;5167 | &nbsp;&nbsp;ARS | &nbsp;&nbsp;7560000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;11/7/2025 | &nbsp;&nbsp;212 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;7344 | &nbsp;&nbsp;ARS | &nbsp;&nbsp;11545000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;11/19/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74) |
| USD | &nbsp;&nbsp;21419 | &nbsp;&nbsp;ARS | &nbsp;&nbsp;31700000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;11/19/2025 | &nbsp;&nbsp;1051 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;779042 | &nbsp;&nbsp;AUD | &nbsp;&nbsp;1182000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3403) |
| USD | &nbsp;&nbsp;4547202 | &nbsp;&nbsp;AUD | &nbsp;&nbsp;6882000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8522) |
| USD | &nbsp;&nbsp;33103 | &nbsp;&nbsp;AUD | &nbsp;&nbsp;50000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) |
| USD | &nbsp;&nbsp;9759320 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;53403000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/2/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(274594) |
| USD | &nbsp;&nbsp;43041 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;231000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;11/4/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14) |
| USD | &nbsp;&nbsp;8379733 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;45225000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;11/4/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(49492) |
| USD | &nbsp;&nbsp;35142 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;195000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/2/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(974) |
| USD | &nbsp;&nbsp;402322 | &nbsp;&nbsp;BRL | &nbsp;&nbsp;2242000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/2/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(12925) |
| USD | &nbsp;&nbsp;1487538 | &nbsp;&nbsp;CAD | &nbsp;&nbsp;2062000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;3834 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2117438 | &nbsp;&nbsp;CAD | &nbsp;&nbsp;2923000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;14103 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;18042 | &nbsp;&nbsp;CAD | &nbsp;&nbsp;25000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;13 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;21762 | &nbsp;&nbsp;CAD | &nbsp;&nbsp;30000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;129 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;721176 | &nbsp;&nbsp;CHF | &nbsp;&nbsp;571000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;1454 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1557968 | &nbsp;&nbsp;CLP | &nbsp;&nbsp;1485957000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;12185 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;28476 | &nbsp;&nbsp;CLP | &nbsp;&nbsp;27400000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22) |
| USD | &nbsp;&nbsp;649028 | &nbsp;&nbsp;CNY | &nbsp;&nbsp;4615000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;600 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;30639 | &nbsp;&nbsp;CNY | &nbsp;&nbsp;216000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;193 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;22822 | &nbsp;&nbsp;CNY | &nbsp;&nbsp;162000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13) |
| USD | &nbsp;&nbsp;3593133 | &nbsp;&nbsp;COP | &nbsp;&nbsp;13968304000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;43097 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;15784 | &nbsp;&nbsp;COP | &nbsp;&nbsp;62205000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;79 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;14438 | &nbsp;&nbsp;COP | &nbsp;&nbsp;57400000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54) |
| USD | &nbsp;&nbsp;22310 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;462000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;13 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;725686 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;14890000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;7073 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;18360 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;380000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;—— | &nbsp;&nbsp;—— |
| USD | &nbsp;&nbsp;34278 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;710000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27) |
| USD | &nbsp;&nbsp;13035 | &nbsp;&nbsp;EGP | &nbsp;&nbsp;697000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;10/27/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1351) |
| USD | &nbsp;&nbsp;5356 | &nbsp;&nbsp;EGP | &nbsp;&nbsp;265000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;14 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;30124 | &nbsp;&nbsp;EGP | &nbsp;&nbsp;1505000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;1/8/2026 | &nbsp;&nbsp;66 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;5978 | &nbsp;&nbsp;EGP | &nbsp;&nbsp;330000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;1/8/2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(613) |
| USD | &nbsp;&nbsp;1492367 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1268000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;1135 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;172866 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;147000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24) |
| USD | &nbsp;&nbsp;347463 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;294000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1683 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;10657933 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;9014386 | &nbsp;&nbsp;DB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;55917 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;818851 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;696000 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;271 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;41228 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;35000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44) |
| USD | &nbsp;&nbsp;10720 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;9000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;108 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;62939 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;53000 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;441 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;3745068 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;2767000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;23135 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;77838 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;58000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(179) |
| USD | &nbsp;&nbsp;56691 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;42000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;199 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;25093 | &nbsp;&nbsp;HKD | &nbsp;&nbsp;195000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;18 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;26469 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;8845000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(113) |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br> FORWARD FOREIGN CURRENCY CONTRACTS (continued)<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| USD | &nbsp;&nbsp;568045 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;187700000 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;$3996 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;43862 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;14700000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(187) |
| USD | &nbsp;&nbsp;51003 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;16899000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;364 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;200346 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;3356000000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(698) |
| USD | &nbsp;&nbsp;23144 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;382000000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;297 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;11894 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;198000000 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;52 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;707735 | &nbsp;&nbsp;ILS | &nbsp;&nbsp;2365000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(6292) |
| USD | &nbsp;&nbsp;351239 | &nbsp;&nbsp;INR | &nbsp;&nbsp;31242000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;139 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2260752 | &nbsp;&nbsp;INR | &nbsp;&nbsp;201017000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1848 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2717 | &nbsp;&nbsp;JPY | &nbsp;&nbsp;400000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;4 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;3051655 | &nbsp;&nbsp;JPY | &nbsp;&nbsp;452296000 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(16122) |
| USD | &nbsp;&nbsp;51198 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;71350000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;206 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;17098 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;23920000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;3 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;658615 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;12180000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(4431) |
| USD | &nbsp;&nbsp;21091 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;390000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33) |
| USD | &nbsp;&nbsp;17404 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;327000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(308) |
| USD | &nbsp;&nbsp;67360 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;1257000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(725) |
| USD | &nbsp;&nbsp;607519 | &nbsp;&nbsp;MYR | &nbsp;&nbsp;2550000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1429 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;23216 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;35427000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;123 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;10373764 | &nbsp;&nbsp;NOK | &nbsp;&nbsp;102518000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;98994 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1472662 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;2530000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;4312 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;5016961 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;8583000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;35399 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;23898 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;40000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;641 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;57009 | &nbsp;&nbsp;PEN | &nbsp;&nbsp;200000 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(551) |
| USD | &nbsp;&nbsp;86584 | &nbsp;&nbsp;PEN | &nbsp;&nbsp;302000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(228) |
| USD | &nbsp;&nbsp;26636 | &nbsp;&nbsp;PEN | &nbsp;&nbsp;93000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97) |
| USD | &nbsp;&nbsp;16967 | &nbsp;&nbsp;PHP | &nbsp;&nbsp;990000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;33 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;57171 | &nbsp;&nbsp;PHP | &nbsp;&nbsp;3270000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;1237 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1480289 | &nbsp;&nbsp;PLN | &nbsp;&nbsp;5382000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;104 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;186978 | &nbsp;&nbsp;PLN | &nbsp;&nbsp;675000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;1338 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;5503 | &nbsp;&nbsp;PLN | &nbsp;&nbsp;20000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;7 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;100854 | &nbsp;&nbsp;RON | &nbsp;&nbsp;435000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;551 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;48962 | &nbsp;&nbsp;RON | &nbsp;&nbsp;213000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24) |
| USD | &nbsp;&nbsp;142782 | &nbsp;&nbsp;RON | &nbsp;&nbsp;623000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(496) |
| USD | &nbsp;&nbsp;7670 | &nbsp;&nbsp;RSD | &nbsp;&nbsp;762000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;37 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1484951 | &nbsp;&nbsp;SEK | &nbsp;&nbsp;13935000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;2056 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1495279 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;1922000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;1971 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;7774 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;10000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;5 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;51035 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;65000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;359 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;23354 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;30000 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35) |
| USD | &nbsp;&nbsp;959126 | &nbsp;&nbsp;THB | &nbsp;&nbsp;30740000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;8293 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;45043 | &nbsp;&nbsp;THB | &nbsp;&nbsp;1420000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;954 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;23731 | &nbsp;&nbsp;THB | &nbsp;&nbsp;760000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;135 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;40661 | &nbsp;&nbsp;THB | &nbsp;&nbsp;1280000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;919 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;274289 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;10/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;(10888) |
| USD | &nbsp;&nbsp;45301 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;1935000 | &nbsp;&nbsp;HSBC | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(147) |
| USD | &nbsp;&nbsp;331932 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(7214) |
| USD | &nbsp;&nbsp;10585 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;477000 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(200) |
| USD | &nbsp;&nbsp;469040 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;24005000 | &nbsp;&nbsp;DB | &nbsp;&nbsp;4/28/2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;(20462) |
| USD | &nbsp;&nbsp;4500 | &nbsp;&nbsp;UYU | &nbsp;&nbsp;180000 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) |
| USD | &nbsp;&nbsp;1690142 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;29303000 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;10/31/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(3228) |
| USD | &nbsp;&nbsp;45732 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;808000 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(801) |
| USD | &nbsp;&nbsp;55301 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;964000 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(216) |
| USD | &nbsp;&nbsp;45507 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;790000 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;10 | &nbsp;&nbsp;— |
| ZAR | &nbsp;&nbsp;25350000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1459120 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/30/2025 | &nbsp;&nbsp;5914 | &nbsp;&nbsp;— |
| ZAR | &nbsp;&nbsp;404000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;23242 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;24 | &nbsp;&nbsp;— |
| ZAR | &nbsp;&nbsp;140000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;8026 | &nbsp;&nbsp;DB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;37 | &nbsp;&nbsp;— |
| ZAR | &nbsp;&nbsp;355000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;20315 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;129 | &nbsp;&nbsp;— |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br> FORWARD FOREIGN CURRENCY CONTRACTS (continued)<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| ZAR | &nbsp;&nbsp;370000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;21333 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(25) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$602771** | &nbsp;&nbsp;**$(488495)** |

---

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** |
| **Counterparty (OTC)/<br> Centrally cleared** | **Notional<br> amount** | **Currency** | **Payments<br> made** | **Payments<br> received** | **Fixed<br> payment<br> frequency** | **Floating<br> payment<br> frequency** | **Maturity<br> date** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450000 | USD | Fixed 3.704% | USD Compounded SOFR | Annual | Annual | May 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$(4501) | &nbsp;&nbsp;&nbsp;$(4501) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;23960000 | CNY | Fixed 2.010% | CNY CNREPOFIX Reuters | Quarterly | Quarterly | Sep 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(49086) | &nbsp;&nbsp;&nbsp;(49086) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;11025000 | CNY | Fixed 1.753% | CNY CNREPOFIX Reuters | Quarterly | Quarterly | Sep 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(7490) | &nbsp;&nbsp;&nbsp;&nbsp;(7490) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;227800000 | INR | Fixed 6.033% | INR MIBOR Compounded OIS | Semi-Annual | Semi-Annual | Mar 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(34042) | &nbsp;&nbsp;&nbsp;(34042) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;21340000 | CNY | Fixed 1.573% | CNY CNREPOFIX Reuters | Quarterly | Quarterly | Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;10101 | &nbsp;&nbsp;&nbsp;&nbsp;10101 |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3110000 | CAD | CAD CORRA Compounded OIS | Fixed 2.703% | Semi-Annual | Semi-Annual | Dec 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;16971 | &nbsp;&nbsp;&nbsp;&nbsp;16971 |
| Centrally cleared | 3070920000 | CLP | CLP CLICP Bloomberg | Fixed 4.768% | Semi-Annual | Semi-Annual | Dec 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(11632) | &nbsp;&nbsp;&nbsp;(11632) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260000 | CAD | Fixed 2.560% | CAD CORRA Compounded OIS | Semi-Annual | Semi-Annual | Dec 2030 | &nbsp;&nbsp;&nbsp;$251 | &nbsp;&nbsp;&nbsp;&nbsp;(1096) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(845) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;31000000 | NOK | NOK NIBOR NIBR | Fixed 3.909% | Annual | Semi-Annual | Dec 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(19081) | &nbsp;&nbsp;&nbsp;(19081) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5710000 | AUD | Fixed 3.940% | AUD BBR BBSW | Semi-Annual | Semi-Annual | Dec 2030 | (2093) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp;(1848) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120000 | SGD | Fixed 2.414% | SGD SORA Compounded OIS | Semi-Annual | Semi-Annual | Jun 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(97853) | &nbsp;&nbsp;&nbsp;(97853) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;30025000 | THB | Fixed 1.738% | THB THOR Compounded OIS | Quarterly | Quarterly | Sep 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(24598) | &nbsp;&nbsp;&nbsp;(24598) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;20015000 | THB | Fixed 1.770% | THB THOR Compounded OIS | Quarterly | Quarterly | Sep 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(18234) | &nbsp;&nbsp;&nbsp;(18234) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2960000 | SGD | Fixed 1.940% | SGD SORA Compounded OIS | Semi-Annual | Semi-Annual | Sep 2035 | &nbsp;&nbsp;9425 | &nbsp;&nbsp;&nbsp;(41784) | &nbsp;&nbsp;&nbsp;(32359) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;21570000 | CZK | CZK PRIBOR PRBO | Fixed 4.135% | Annual | Semi-Annual | Dec 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(4758) | &nbsp;&nbsp;&nbsp;&nbsp;(4758) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360000 | CAD | Fixed 2.940% | CAD CORRA Compounded OIS | Semi-Annual | Semi-Annual | Dec 2035 | &nbsp;&nbsp;&nbsp;(509) | &nbsp;&nbsp;&nbsp;&nbsp;(3244) | &nbsp;&nbsp;&nbsp;&nbsp;(3753) |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600000 | SEK | SEK STIBOR SIDE | Fixed 2.780% | Annual | Quarterly | Dec 2035 | &nbsp;&nbsp;&nbsp;&nbsp;(71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1207 |
| Centrally cleared | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240000 | CHF | Fixed 0.740% | CHF SARON Compounded OIS | Annual | Annual | Dec 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6209 |
|  |  |  |  |  |  |  |  | **$7003** | **$(282595)** | **$(275592)** |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** | **Credit default swaps - Buyer** |
| **Counterparty<br> (OTC)/<br> Centrally<br> cleared** | &nbsp;&nbsp;**Reference<br> obligation** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**USD<br> notional<br> amount** | &nbsp;&nbsp;**Pay<br> fixed<br> rate** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| BARC | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;555000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;$555000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;$20289 | &nbsp;&nbsp;$(14711) | &nbsp;&nbsp;&nbsp;$5578 |
| BARC | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7046 | &nbsp;&nbsp;&nbsp;&nbsp;(4282) | &nbsp;&nbsp;&nbsp;&nbsp;2764 |
| BARC | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;6719 | &nbsp;&nbsp;&nbsp;&nbsp;(3955) | &nbsp;&nbsp;&nbsp;&nbsp;2764 |
| BARC | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;5735 | &nbsp;&nbsp;&nbsp;&nbsp;(2971) | &nbsp;&nbsp;&nbsp;&nbsp;2764 |
| BARC | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;4605 | &nbsp;&nbsp;&nbsp;&nbsp;(1826) | &nbsp;&nbsp;&nbsp;&nbsp;2779 |
| BARC | &nbsp;&nbsp;People's Republic of China | &nbsp;&nbsp;1830000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1830000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;(36832) | &nbsp;&nbsp;&nbsp;(15006) | &nbsp;&nbsp;(51838) |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8921 | &nbsp;&nbsp;&nbsp;&nbsp;(4869) | &nbsp;&nbsp;&nbsp;&nbsp;4052 |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8470 | &nbsp;&nbsp;&nbsp;&nbsp;(4418) | &nbsp;&nbsp;&nbsp;&nbsp;4052 |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;(4314) | &nbsp;&nbsp;&nbsp;&nbsp;4052 |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8054 | &nbsp;&nbsp;&nbsp;&nbsp;(4002) | &nbsp;&nbsp;&nbsp;&nbsp;4052 |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7065 | &nbsp;&nbsp;&nbsp;&nbsp;(2940) | &nbsp;&nbsp;&nbsp;&nbsp;4125 |
| BARC | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;6618 | &nbsp;&nbsp;&nbsp;&nbsp;(2551) | &nbsp;&nbsp;&nbsp;&nbsp;4067 |
| BARC | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;(8823) | &nbsp;&nbsp;&nbsp;&nbsp;(3536) | &nbsp;&nbsp;(12359) |
| BARC | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;(4835) | &nbsp;&nbsp;&nbsp;&nbsp;(1286) | &nbsp;&nbsp;&nbsp;(6121) |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** |
| **Counterparty<br> (OTC)/<br> Centrally<br> cleared** | &nbsp;&nbsp;**Reference<br> obligation** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**USD<br> notional<br> amount** | &nbsp;&nbsp;**Pay<br> fixed<br> rate** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)**  | &nbsp;&nbsp;**Value** |
| BARC | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;$260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;$(4885) | &nbsp;&nbsp;$(1236) | &nbsp;&nbsp;$(6121) |
| BARC | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(5335) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(771) | &nbsp;&nbsp;&nbsp;(6106) |
| BARC | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10832 | &nbsp;&nbsp;&nbsp;(1749) | &nbsp;&nbsp;&nbsp;&nbsp;9083 |
| BARC | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(1894) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(866) | &nbsp;&nbsp;&nbsp;(2760) |
| BARC | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(2176) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(584) | &nbsp;&nbsp;&nbsp;(2760) |
| BARC | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;11156 | &nbsp;&nbsp;&nbsp;(7930) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| BARC | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10990 | &nbsp;&nbsp;&nbsp;(7764) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| BARC | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10048 | &nbsp;&nbsp;&nbsp;(6822) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| BARC | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(1172) | &nbsp;&nbsp;&nbsp;(3063) | &nbsp;&nbsp;&nbsp;(4235) |
| BARC | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(2025) | &nbsp;&nbsp;&nbsp;(2210) | &nbsp;&nbsp;&nbsp;(4235) |
| BARC | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;805000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;805000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;5718 | &nbsp;&nbsp;(11769) | &nbsp;&nbsp;&nbsp;(6051) |
| BARC | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(740) | &nbsp;&nbsp;&nbsp;(1163) | &nbsp;&nbsp;&nbsp;(1903) |
| BARC | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(988) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(915) | &nbsp;&nbsp;&nbsp;(1903) |
| BOA | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;5784 | &nbsp;&nbsp;&nbsp;(3005) | &nbsp;&nbsp;&nbsp;&nbsp;2779 |
| BOA | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;21637 | &nbsp;&nbsp;(13387) | &nbsp;&nbsp;&nbsp;&nbsp;8250 |
| BOA | &nbsp;&nbsp;Petroleo Brasileiro SA | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7187 | &nbsp;&nbsp;&nbsp;(3120) | &nbsp;&nbsp;&nbsp;&nbsp;4067 |
| BOA | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(4656) | &nbsp;&nbsp;&nbsp;(1465) | &nbsp;&nbsp;&nbsp;(6121) |
| BOA | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(1895) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(865) | &nbsp;&nbsp;&nbsp;(2760) |
| BOA | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(2348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(412) | &nbsp;&nbsp;&nbsp;(2760) |
| BOA | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;11966 | &nbsp;&nbsp;&nbsp;(8740) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| BOA | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;11554 | &nbsp;&nbsp;&nbsp;(8328) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| BOA | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(3647) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(573) | &nbsp;&nbsp;&nbsp;(4220) |
| BOA | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10017 | &nbsp;&nbsp;&nbsp;(4041) | &nbsp;&nbsp;&nbsp;&nbsp;5976 |
| BOA | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8578 | &nbsp;&nbsp;&nbsp;(2602) | &nbsp;&nbsp;&nbsp;&nbsp;5976 |
| CITI | &nbsp;&nbsp;Barclays PLC | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;103280 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Dec 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(681) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(331) |
| CITI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10671 | &nbsp;&nbsp;&nbsp;(1588) | &nbsp;&nbsp;&nbsp;&nbsp;9083 |
| CITI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;8995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(561) | &nbsp;&nbsp;&nbsp;&nbsp;8434 |
| CITI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811 | &nbsp;&nbsp;&nbsp;&nbsp;8434 |
| CITI | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(3692) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(289) | &nbsp;&nbsp;&nbsp;(3981) |
| CITI | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(487) | &nbsp;&nbsp;&nbsp;(1416) | &nbsp;&nbsp;&nbsp;(1903) |
| DB | &nbsp;&nbsp;Government of Malaysia | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(6460) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33) | &nbsp;&nbsp;&nbsp;(6493) |
| DB | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7090 | &nbsp;&nbsp;&nbsp;&nbsp;1344 | &nbsp;&nbsp;&nbsp;&nbsp;8434 |
| DB | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(2201) | &nbsp;&nbsp;&nbsp;(2019) | &nbsp;&nbsp;&nbsp;(4220) |
| GSI | &nbsp;&nbsp;Emirate of Abu Dhabi | &nbsp;&nbsp;2080000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2080000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;(57123) | &nbsp;&nbsp;&nbsp;(8515) | &nbsp;&nbsp;(65638) |
| GSI | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;7148 | &nbsp;&nbsp;&nbsp;(4384) | &nbsp;&nbsp;&nbsp;&nbsp;2764 |
| GSI | &nbsp;&nbsp;Government of Malaysia | &nbsp;&nbsp;1570000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1570000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;(30747) | &nbsp;&nbsp;(10950) | &nbsp;&nbsp;(41697) |
| GSI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;9822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(739) | &nbsp;&nbsp;&nbsp;&nbsp;9083 |
| GSI | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(2463) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(297) | &nbsp;&nbsp;&nbsp;(2760) |
| GSI | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;5887 | &nbsp;&nbsp;&nbsp;(2703) | &nbsp;&nbsp;&nbsp;&nbsp;3184 |
| GSI | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;5345 | &nbsp;&nbsp;&nbsp;(2161) | &nbsp;&nbsp;&nbsp;&nbsp;3184 |
| GSI | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(3491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(729) | &nbsp;&nbsp;&nbsp;(4220) |
| GSI | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(3294) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(687) | &nbsp;&nbsp;&nbsp;(3981) |
| GSI | &nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16307 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 |
| GSI | &nbsp;&nbsp;State of Qatar | &nbsp;&nbsp;2855000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2855000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;(79659) | &nbsp;&nbsp;&nbsp;(9931) | &nbsp;&nbsp;(89590) |
| GSI | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(577) | &nbsp;&nbsp;&nbsp;(1437) | &nbsp;&nbsp;&nbsp;(2014) |
| JPM | &nbsp;&nbsp;People's Republic of China | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(6019) | &nbsp;&nbsp;&nbsp;(1488) | &nbsp;&nbsp;&nbsp;(7507) |
| JPM | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;11083 | &nbsp;&nbsp;&nbsp;(2000) | &nbsp;&nbsp;&nbsp;&nbsp;9083 |
| JPM | &nbsp;&nbsp;Republic of Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(5517) | &nbsp;&nbsp;&nbsp;(2763) | &nbsp;&nbsp;&nbsp;(8280) |
| JPM | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;24452 | &nbsp;&nbsp;(12531) | &nbsp;&nbsp;&nbsp;11921 |
| JPM | &nbsp;&nbsp;United Mexican States | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(1504) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(361) | &nbsp;&nbsp;&nbsp;(1865) |
| MSI | &nbsp;&nbsp;Federative Republic of Brazil | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;9657 | &nbsp;&nbsp;&nbsp;(6843) | &nbsp;&nbsp;&nbsp;&nbsp;2814 |
| MSI | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(4781) | &nbsp;&nbsp;&nbsp;(1340) | &nbsp;&nbsp;&nbsp;(6121) |
| MSI | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(5335) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(903) | &nbsp;&nbsp;&nbsp;(6238) |
| MSI | &nbsp;&nbsp;Republic of Chile | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(5243) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(981) | &nbsp;&nbsp;&nbsp;(6224) |
| MSI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;14648 | &nbsp;&nbsp;&nbsp;(5419) | &nbsp;&nbsp;&nbsp;&nbsp;9229 |
| MSI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;14664 | &nbsp;&nbsp;&nbsp;(5435) | &nbsp;&nbsp;&nbsp;&nbsp;9229 |
| MSI | &nbsp;&nbsp;Republic of Colombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(199) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649 |
| MSI | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10964 | &nbsp;&nbsp;&nbsp;(7738) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| MSI | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;10155 | &nbsp;&nbsp;&nbsp;(6929) | &nbsp;&nbsp;&nbsp;&nbsp;3226 |
| MSI | &nbsp;&nbsp;Republic of Panama | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;6135 | &nbsp;&nbsp;&nbsp;(2951) | &nbsp;&nbsp;&nbsp;&nbsp;3184 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** | **Credit default swaps - Buyer (continued)** |
| **Counterparty<br> (OTC)/<br> Centrally<br> cleared** | &nbsp;&nbsp;**Reference<br> obligation** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**USD<br> notional<br> amount** | &nbsp;&nbsp;**Pay<br> fixed<br> rate** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)**  | &nbsp;&nbsp;**Value** |
| MSI | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$265000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;$(2477) | &nbsp;&nbsp;&nbsp;&nbsp;$(1758) | &nbsp;&nbsp;&nbsp;&nbsp;$(4235) |
| MSI | &nbsp;&nbsp;Republic of Peru | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3352) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(629) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3981) |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6035) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5961 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5317) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5961 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4601) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5961 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4053) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5976 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2465) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5976 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5870 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1772) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5549 |
| MSI | &nbsp;&nbsp;Republic of South Africa | &nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(703) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5549 |
|  |  |  |  | &nbsp;&nbsp;**$31434587** |  |  |  | &nbsp;&nbsp;&nbsp;**$150234** | &nbsp;&nbsp;**$(298395)** | &nbsp;&nbsp;**$(148161)** |
| Centrally cleared | &nbsp;&nbsp;CDX.EM.42 | &nbsp;&nbsp;8325000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;8325000 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Dec 2029 | &nbsp;&nbsp;&nbsp;&nbsp;176156 | &nbsp;&nbsp;&nbsp;&nbsp;(99237) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76919 |
| Centrally cleared | &nbsp;&nbsp;CDX.NA.HY.44 | &nbsp;&nbsp;2755000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;2755000 | &nbsp;&nbsp;5.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(201340) | &nbsp;&nbsp;&nbsp;&nbsp;(22665) | &nbsp;&nbsp;&nbsp;(224005) |
| Centrally cleared | &nbsp;&nbsp;iTraxx Europe Crossover Series 43 Version 2 | &nbsp;&nbsp;3547043 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;4118244 | &nbsp;&nbsp;5.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;(371447) | &nbsp;&nbsp;&nbsp;&nbsp;(82601) | &nbsp;&nbsp;&nbsp;(454048) |
| Centrally cleared | &nbsp;&nbsp;iTraxx Europe Sub Financials Series 43 Version 1 | &nbsp;&nbsp;2480000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;2900142 | &nbsp;&nbsp;1.000% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9910) | &nbsp;&nbsp;&nbsp;&nbsp;(12070) |
|  |  |  |  | &nbsp;&nbsp;**$18098386** |  |  |  | &nbsp;&nbsp;**$(398791)** | &nbsp;&nbsp;**$(214413)** | &nbsp;&nbsp;**$(613204)** |
|  |  |  |  | &nbsp;&nbsp;**$49532973** |  |  |  | &nbsp;&nbsp;**$(248557)** | &nbsp;&nbsp;**$(512808)** | &nbsp;&nbsp;**$(761365)** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** | **Credit default swaps - Seller** |
| **Counterparty<br> (OTC)/<br> Centrally<br> cleared** | **Reference<br> obligation** | **Implied<br> credit<br> spread** | **Notional<br> amount** | **Currency** | **USD<br> notional<br> amount** | **Received<br> fixed<br> rate** | **Fixed<br> payment<br> frequency** | **Maturity<br> date** | **Unamortized<br> upfront<br> payment<br> paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| BOA | Anglo American Capital PLC | 0.613% | 260000 | EUR | $284869 | 5.000% | Quarterly | Dec 2028 | $28836 | $15027 | $43863 |
| BOA | Anglo American Capital PLC | 0.613% | 260000 | EUR | &nbsp;&nbsp;&nbsp;285675 | 5.000% | Quarterly | Dec 2028 | &nbsp;&nbsp;&nbsp;28737 | &nbsp;&nbsp;&nbsp;15126 | &nbsp;&nbsp;&nbsp;43863 |
| CITI | Danske Bank AS | 0.948% | 100000 | EUR | &nbsp;&nbsp;&nbsp;103630 | 1.000% | Quarterly | Dec 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 |
| GSI | Lloyds Banking Group PLC | 1.058% | &nbsp;&nbsp;&nbsp;15000 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;16273 | 1.000% | Quarterly | Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;(138) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) |
|  |  |  |  |  | **$690447** |  |  |  | **$57435** | **$31131** | **$88566** |
| Centrally cleared | CDX.NA.HY.44 | 2.998% | &nbsp;&nbsp;&nbsp;39000 | USD | &nbsp;&nbsp;&nbsp;&nbsp;39000 | 5.000% | Quarterly | Jun 2030 | &nbsp;&nbsp;&nbsp;&nbsp;2166 | &nbsp;&nbsp;&nbsp;&nbsp;1016 | &nbsp;&nbsp;&nbsp;&nbsp;3182 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;**$39000** |  |  |  | &nbsp;&nbsp;&nbsp;**$2166** | &nbsp;&nbsp;&nbsp;**$1016** | &nbsp;&nbsp;&nbsp;**$3182** |
|  |  |  |  |  | **$729447** |  |  |  | **$59601** | **$32147** | **$91748** |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** | **Total return swaps** |
| **Pay/<br> receive<br> total<br> return\*** | &nbsp;&nbsp;**Reference<br> entity** | &nbsp;&nbsp;**Floating/<br> fixed<br> rate** | &nbsp;&nbsp;**Payment<br> frequency** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Counterparty<br> (OTC)** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid High Yield Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;2315000 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;— | &nbsp;&nbsp;$(90831) | &nbsp;&nbsp;$(90831) |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid High Yield Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;1390000 | &nbsp;&nbsp;Mar 2026 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;— | &nbsp;&nbsp;1062 | &nbsp;&nbsp;1062 |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid High Yield Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;3305000 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;— | &nbsp;&nbsp;(95322) | &nbsp;&nbsp;(95322) |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid Investment Grade Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;3215000 | &nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;— | &nbsp;&nbsp;(18577) | &nbsp;&nbsp;(18577) |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid High Yield Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;14770000 | &nbsp;&nbsp;Mar 2026 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;— | &nbsp;&nbsp;168335 | &nbsp;&nbsp;168335 |
| Pay | &nbsp;&nbsp;iBoxx $ Liquid Investment Grade Index | &nbsp;&nbsp;1-Day USD Compounded SOFR | &nbsp;&nbsp;At Maturity | &nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;4480000 | &nbsp;&nbsp;Mar 2026 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;— | &nbsp;&nbsp;87302 | &nbsp;&nbsp;87302 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$51969** | &nbsp;&nbsp;**$51969** |

---

\* Fund will pay or receive the total return of the reference asset depending on whether the return is positive or negative. For contracts where the fund has elected to receive the total return of the reference asset if positive, it will be responsible for paying the floating rate and the total return of the reference asset if negative. If the fund has elected to pay the total return of the reference asset if positive, it will receive the floating rate and the total return of the reference asset if negative. The total return of the reference asset is paid out at maturity while the floating rate is paid on a quarterly basis until maturity.

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** | **Inflation swaps** |
| **Counterparty (OTC)/<br> Centrally<br> cleared** | **Notional<br> amount** | **Currency** | **USD notional<br> amount** | **Payments<br> made** | **Payments<br> received** | **Fixed<br> payment<br> frequency** | **Floating<br> payment<br> frequency** | **Maturity date** | **Unamortized<br> upfront<br> payment paid<br> (received)** | **Unrealized<br> appreciation<br> (depreciation)** | **Value** |
| BOA | 210000 | USD | $210000 | Fixed 1.635% | USA CPI All Urban Consumers | At Maturity | At Maturity | Feb 2050 |  | $50453 | $50453 |
| CITI | 1290000 | USD | 1290000 | Fixed 2.440% | USA CPI All Urban Consumers | At Maturity | At Maturity | Sep 2055 | $(3793) | 5448 | 1655 |
| JPM | 1700000 | USD | 1700000 | Fixed 1.830% | USA CPI All Urban Consumers | At Maturity | At Maturity | Feb 2050 | (35963) | 382060 | 346097 |
|  |  |  | **$3200000** |  |  |  |  |  | **$(39756)** | **$437961** | **$398205** |
| Centrally cleared | 3510000 | USD | 3510000 | USA CPI All Urban Consumers | Fixed 2.660% | At Maturity | At Maturity | Aug 2030 | (2893) | 2167 | (726) |
| Centrally cleared | 3510000 | USD | 3510000 | Fixed 2.563% | USA CPI All Urban Consumers | At Maturity | At Maturity | Aug 2035 | 2532 | (2389) | 143 |
|  |  |  | **$7020000** |  |  |  |  |  | **$(361)** | **$(222)** | **$(583)** |
|  |  |  | **$10220000** |  |  |  |  |  | **$(40117)** | **$437739** | **$397622** |

---

---

| | |
|:---|:---|
| <u>Derivatives Currency Abbreviations</u> | <u>Derivatives Currency Abbreviations</u> |
| ARS | Argentine Peso |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNY | Chinese Yuan Renminbi |
| COP | Colombian Peso |
| CZK | Czech Republic Koruna |
| EGP | Egyptian Pound |
| EUR | Euro |
| GBP | Pound Sterling |
| HKD | Hong Kong Dollar |
| HUF | Hungarian Forint |
| IDR | Indonesian Rupiah |
| ILS | Israeli New Shekel |
| INR | Indian Rupee |
| JPY | Japanese Yen |
| KRW | Korean Won |
| KZT | Kazakhstan Tenge |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NGN | Nigerian Naira |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peruvian Nuevo Sol |
| PHP | Philippine Peso |
| PLN | Polish Zloty |
| RON | Romanian New Leu |
| RSD | Serbian Dinar |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Bhat |
| TRY | Turkish Lira |
| USD | U.S. Dollar |
| UYU | Uruguayan Peso |
| ZAR | South African Rand |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Opportunistic Fixed Income Trust (continued)<br>

---

| | |
|:---|:---|
| <u>Derivatives Abbreviations</u> | <u>Derivatives Abbreviations</u> |
| BARC | Barclays Bank PLC |
| BBR | Bank Bill Rate |
| BBSW | Bank Bill Swap Rate |
| BOA | Bank of America, N.A. |
| CITI | Citibank, N.A. |
| CLICP | Sinacofi Chile Interbank Rate Average |
| CNREPOFIX | China Fixing Repo Rate |
| CORRA | Canadian Overnight Repo Rate Average |
| CPI | Consumer Price Index |
| DB | Deutsche Bank AG |
| GSI | Goldman Sachs International |
| HSBC | HSBC Bank PLC |
| JPM | JPMorgan Chase Bank, N.A. |
| MIBOR | Mumbai Interbank Offered Rate |
| MSI | Morgan Stanley & Co. International PLC |
| NIBOR | Norwegian Interbank Offered Rate |
| OIS | Overnight Index Swap |
| OTC | Over-the-counter |
| PRIBOR | Prague Interbank Offered Rate |
| SARON | Swiss Average Rate Overnight |
| SCB | Standard Chartered Bank |
| SOFR | Secured Overnight Financing Rate |
| SORA | Singapore Overnight Rate Average |
| SSB | State Street Bank and Trust Company |
| STIBOR | Stockholm Interbank Offered Rate |
| THOR | Thai Overnight Repurchase Rate |

---

#### Real Estate Securities Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.0%** | **COMMON STOCKS – 98.0%** |  |
| **Consumer discretionary – 2.0%** |  |  |
| **Hotels, restaurants and leisure – 2.0%** | **Hotels, restaurants and leisure – 2.0%** |  |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15080 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3912355 |
| Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1858857 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5771212 |
| **Financials – 2.0%** |  |  |
| **Capital markets – 2.0%** | **Capital markets – 2.0%** |  |
| Brookfield Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5947669 |
| **Health care – 1.7%** |  |  |
| **Health care providers and services – 1.7%** | **Health care providers and services – 1.7%** |  |
| Brookdale Senior Living, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4904740 |
| **Real estate – 92.3%** |  |  |
| **Diversified REITs – 5.6%** | **Diversified REITs – 5.6%** |  |
| Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5018607 |
| WP Carey, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11196011 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16214618 |
| **Health care REITs – 19.5%** | **Health care REITs – 19.5%** |  |
| American Healthcare REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8964640 |
| CareTrust REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7245519 |
| Ventas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4973419 |
| Welltower, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35296303 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56479881 |
| **Hotel and resort REITs – 1.3%** | **Hotel and resort REITs – 1.3%** |  |
| Xenia Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960690 |
| **Industrial REITs – 12.1%** | **Industrial REITs – 12.1%** |  |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5271941 |
| Prologis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29944461 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35216402 |
| **Office REITs – 6.1%** | **Office REITs – 6.1%** |  |
| COPT Defense Properties | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2754278 |

---

#### Real Estate Securities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Office REITs (continued)** | **Office REITs (continued)** |  |
| JBG SMITH Properties | &nbsp;&nbsp;93918 | $&nbsp;&nbsp;&nbsp;2089676 |
| Kilroy Realty Corp. | 131383 | &nbsp;&nbsp;&nbsp;5550932 |
| Paramount Group, Inc. (A) | 435824 | &nbsp;&nbsp;&nbsp;2850289 |
| SL Green Realty Corp. | &nbsp;&nbsp;73421 | &nbsp;&nbsp;&nbsp;4391310 |
|  |  | 17636485 |
| **Real estate management and development – 1.0%** | **Real estate management and development – 1.0%** |  |
| CBRE Group, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;9275 | &nbsp;&nbsp;&nbsp;1461369 |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;&nbsp;4951 | &nbsp;&nbsp;&nbsp;1476784 |
|  |  | &nbsp;&nbsp;&nbsp;2938153 |
| **Residential REITs – 11.0%** | **Residential REITs – 11.0%** |  |
| American Homes 4 Rent, Class A | &nbsp;&nbsp;65314 | &nbsp;&nbsp;&nbsp;2171691 |
| AvalonBay Communities, Inc. | &nbsp;&nbsp;48158 | &nbsp;&nbsp;&nbsp;9302681 |
| Essex Property Trust, Inc. | &nbsp;&nbsp;53130 | 14220776 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;43960 | &nbsp;&nbsp;&nbsp;6142531 |
|  |  | 31837679 |
| **Retail REITs – 15.5%** | **Retail REITs – 15.5%** |  |
| Brixmor Property Group, Inc. | 205969 | &nbsp;&nbsp;&nbsp;5701222 |
| Realty Income Corp. | &nbsp;&nbsp;70964 | &nbsp;&nbsp;&nbsp;4313902 |
| Regency Centers Corp. | &nbsp;&nbsp;80017 | &nbsp;&nbsp;&nbsp;5833239 |
| Simon Property Group, Inc. | 100608 | 18881103 |
| Tanger, Inc. | 127404 | &nbsp;&nbsp;&nbsp;4311351 |
| Urban Edge Properties | 285642 | &nbsp;&nbsp;&nbsp;5847092 |
|  |  | 44887909 |
| **Specialized REITs – 20.2%** | **Specialized REITs – 20.2%** |  |
| American Tower Corp. | &nbsp;&nbsp;&nbsp;8138 | &nbsp;&nbsp;&nbsp;1565100 |
| Digital Realty Trust, Inc. | &nbsp;&nbsp;88315 | 15267897 |
| EPR Properties | &nbsp;&nbsp;35682 | &nbsp;&nbsp;&nbsp;2069913 |
| Equinix, Inc. | &nbsp;&nbsp;20629 | 16157458 |
| Millrose Properties, Inc., Class A | 144312 | &nbsp;&nbsp;&nbsp;4850326 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Real Estate Securities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialized REITs (continued)** | **Specialized REITs (continued)** |  |
| Public Storage | &nbsp;&nbsp;&nbsp;&nbsp;39196 | $&nbsp;&nbsp;&nbsp;11321765 |
| Smartstop Self Storage REIT, Inc. | &nbsp;&nbsp;192410 | &nbsp;&nbsp;&nbsp;&nbsp;7242312 |
|  |  | &nbsp;&nbsp;&nbsp;58474771 |
|  |  | 267646588 |
| TOTAL COMMON STOCKS (Cost $257,828,130) | TOTAL COMMON STOCKS (Cost $257,828,130) | $284270209 |
| **SHORT-TERM INVESTMENTS – 1.4%** | **SHORT-TERM INVESTMENTS – 1.4%** |  |
| **Short-term funds – 1.4%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (B) | 3940009 | &nbsp;&nbsp;&nbsp;&nbsp;3940009 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $3,940,009) | TOTAL SHORT-TERM INVESTMENTS (Cost $3,940,009) | $&nbsp;&nbsp;&nbsp;&nbsp;3940009 |
| **Total Investments (Real Estate Securities Trust)<br> (Cost $261,768,139) – 99.4%** | **Total Investments (Real Estate Securities Trust)<br> (Cost $261,768,139) – 99.4%** | $**288210218** |
| **Other assets and liabilities, net – 0.6%** | **Other assets and liabilities, net – 0.6%** | &nbsp;&nbsp;&nbsp;&nbsp;**1714981** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**289925199** |

---

<u>Security Abbreviations and Legend</u> <br> (A) Non-income producing security. <br> (B) The rate shown is the annualized seven-day yield as of 9-30-25.

#### Science & Technology Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 100.1%** | **COMMON STOCKS – 100.1%** |  |
| **Communication services – 14.8%** |  |  |
| **Entertainment – 1.6%** | **Entertainment – 1.6%** |  |
| Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4437400 |
| ROBLOX Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8023910 |
| Spotify Technology SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420200 |
| Take-Two Interactive Software, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3229500 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19111010 |
| **Interactive media and services – 13.2%** | **Interactive media and services – 13.2%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55304521 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46154673 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56657417 |
| Reddit, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2529890 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160646501 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179757511 |
| **Consumer discretionary – 1.4%** |  |  |
| **Automobiles – 1.0%** | **Automobiles – 1.0%** |  |
| Tesla, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12332086 |
| **Hotels, restaurants and leisure – 0.2%** | **Hotels, restaurants and leisure – 0.2%** |  |
| DoorDash, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1468746 |
| **Specialty retail – 0.2%** | **Specialty retail – 0.2%** |  |
| Carvana Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2602956 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16403788 |
| **Financials – 0.5%** |  |  |
| **Capital markets – 0.4%** | **Capital markets – 0.4%** |  |
| Coinbase Global, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573733 |
| Galaxy Digital, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710010 |
| Gemini Space Station, Inc., Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212453 |
| Robinhood Markets, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3937450 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5433646 |
| **Financial services – 0.1%** | **Financial services – 0.1%** |  |
| Klarna Group PLC (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608390 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6042036 |

---

#### Science & Technology Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Industrials – 0.6%** |  |  |
| **Aerospace and defense – 0.2%** | **Aerospace and defense – 0.2%** |  |
| Axon Enterprise, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;900 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645876 |
| Firefly Aerospace, Inc. (A)(B) | &nbsp;&nbsp;19614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575082 |
| Rocket Lab Corp. (A) | &nbsp;&nbsp;34100 | &nbsp;&nbsp;&nbsp;&nbsp;1633731 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2854689 |
| **Electrical equipment – 0.3%** | **Electrical equipment – 0.3%** |  |
| Bloom Energy Corp., Class A (A) | &nbsp;&nbsp;43500 | &nbsp;&nbsp;&nbsp;&nbsp;3678795 |
| **Ground transportation – 0.1%** | **Ground transportation – 0.1%** |  |
| Uber Technologies, Inc. (A) | &nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp;1058076 |
| **Machinery – 0.0%** | **Machinery – 0.0%** |  |
| Symbotic, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118580 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7710140 |
| **Information technology – 82.6%** |  |  |
| **Communications equipment – 4.2%** | **Communications equipment – 4.2%** |  |
| Arista Networks, Inc. (A) | 137850 | &nbsp;&nbsp;&nbsp;20086124 |
| Ciena Corp. (A) | &nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;1311030 |
| Cisco Systems, Inc. | 244600 | &nbsp;&nbsp;&nbsp;16735532 |
| Lumentum Holdings, Inc. (A) | &nbsp;&nbsp;23100 | &nbsp;&nbsp;&nbsp;&nbsp;3758601 |
| Motorola Solutions, Inc. | &nbsp;&nbsp;20300 | &nbsp;&nbsp;&nbsp;&nbsp;9282987 |
|  |  | &nbsp;&nbsp;&nbsp;51174274 |
| **Electronic equipment, instruments and components – 3.9%** | **Electronic equipment, instruments and components – 3.9%** |  |
| Amphenol Corp., Class A | 133357 | &nbsp;&nbsp;&nbsp;16502929 |
| Celestica, Inc. (A) | &nbsp;&nbsp;22300 | &nbsp;&nbsp;&nbsp;&nbsp;5494274 |
| Cognex Corp. | &nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584370 |
| Coherent Corp. (A) | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;2585280 |
| Corning, Inc. | 122072 | &nbsp;&nbsp;&nbsp;10013566 |
| Fabrinet (A) | &nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp;2333568 |
| Flex, Ltd. (A) | &nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626076 |
| Jabil, Inc. | &nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp;2084832 |
| TE Connectivity PLC | &nbsp;&nbsp;27752 | &nbsp;&nbsp;&nbsp;&nbsp;6092397 |
| TTM Technologies, Inc. (A) | &nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714240 |
|  |  | &nbsp;&nbsp;&nbsp;47031532 |
| **IT services – 5.6%** | **IT services – 5.6%** |  |
| Applied Digital Corp. (A) | &nbsp;&nbsp;86400 | &nbsp;&nbsp;&nbsp;&nbsp;1982016 |
| Cloudflare, Inc., Class A (A) | &nbsp;&nbsp;38100 | &nbsp;&nbsp;&nbsp;&nbsp;8175879 |
| Gartner, Inc. (A) | &nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp;3837902 |
| IBM Corp. | &nbsp;&nbsp;77599 | &nbsp;&nbsp;&nbsp;21895334 |
| MongoDB, Inc. (A) | &nbsp;&nbsp;14800 | &nbsp;&nbsp;&nbsp;&nbsp;4593624 |
| Shopify, Inc., Class A (A) | 132086 | &nbsp;&nbsp;&nbsp;19629300 |
| Snowflake, Inc. (A) | &nbsp;&nbsp;27200 | &nbsp;&nbsp;&nbsp;&nbsp;6134960 |
| Twilio, Inc., Class A (A) | &nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp;1121008 |
| Whitefiber, Inc. (A)(B) | &nbsp;&nbsp;54550 | &nbsp;&nbsp;&nbsp;&nbsp;1482124 |
|  |  | &nbsp;&nbsp;&nbsp;68852147 |
| **Semiconductors and semiconductor equipment – 29.6%** | **Semiconductors and semiconductor equipment – 29.6%** |  |
| Advanced Micro Devices, Inc. (A) | 136218 | &nbsp;&nbsp;&nbsp;22038710 |
| Applied Materials, Inc. | &nbsp;&nbsp;57100 | &nbsp;&nbsp;&nbsp;11690654 |
| Broadcom, Inc. | 287526 | &nbsp;&nbsp;&nbsp;94857703 |
| Credo Technology Group Holding, Ltd. (A) | &nbsp;&nbsp;48700 | &nbsp;&nbsp;&nbsp;&nbsp;7091207 |
| First Solar, Inc. (A) | &nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;&nbsp;2293512 |
| Impinj, Inc. (A) | &nbsp;&nbsp;23700 | &nbsp;&nbsp;&nbsp;&nbsp;4283775 |
| Intel Corp. (A) | 361200 | &nbsp;&nbsp;&nbsp;12118260 |
| KLA Corp. | &nbsp;&nbsp;16839 | &nbsp;&nbsp;&nbsp;18162545 |
| Lam Research Corp. | &nbsp;&nbsp;96000 | &nbsp;&nbsp;&nbsp;12854400 |
| Marvell Technology, Inc. | &nbsp;&nbsp;99853 | &nbsp;&nbsp;&nbsp;&nbsp;8394642 |
| Micron Technology, Inc. | 108400 | &nbsp;&nbsp;&nbsp;18137488 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;10813 | &nbsp;&nbsp;&nbsp;&nbsp;9954880 |
| NVIDIA Corp. | 662023 | 123520250 |
| Qualcomm, Inc. | &nbsp;&nbsp;28800 | &nbsp;&nbsp;&nbsp;&nbsp;4791168 |
| Rambus, Inc. (A) | &nbsp;&nbsp;34557 | &nbsp;&nbsp;&nbsp;&nbsp;3600839 |
| Semtech Corp. (A) | &nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678775 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Science & Technology Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Teradyne, Inc. | &nbsp;&nbsp;42400 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5835936 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;360304744 |
| **Software – 26.8%** | **Software – 26.8%** |  |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;30200 | &nbsp;&nbsp;&nbsp;&nbsp;21699908 |
| Autodesk, Inc. (A) | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1715418 |
| Braze, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96696 |
| Cadence Design Systems, Inc. (A) | &nbsp;&nbsp;23425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8228266 |
| Core Scientific, Inc. (A)(B) | &nbsp;&nbsp;73800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323972 |
| Crowdstrike Holdings, Inc., Class A (A) | &nbsp;&nbsp;21575 | &nbsp;&nbsp;&nbsp;&nbsp;10579949 |
| Datadog, Inc., Class A (A) | &nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5055200 |
| Fair Isaac Corp. (A) | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945489 |
| HubSpot, Inc. (A) | &nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1730860 |
| InterDigital, Inc. | &nbsp;&nbsp;18709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6458908 |
| Intuit, Inc. | &nbsp;&nbsp;21760 | &nbsp;&nbsp;&nbsp;&nbsp;14860122 |
| Manhattan Associates, Inc. (A) | &nbsp;&nbsp;&nbsp;1199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245771 |
| Microsoft Corp. | 216409 | &nbsp;&nbsp;&nbsp;&nbsp;112089042 |
| Monday.com, Ltd. (A) | &nbsp;&nbsp;23400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4532346 |
| Nutanix, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362502 |
| Oracle Corp. | 149105 | &nbsp;&nbsp;&nbsp;&nbsp;41934290 |
| Palantir Technologies, Inc., Class A (A) | 190341 | &nbsp;&nbsp;&nbsp;&nbsp;34722005 |
| Palo Alto Networks, Inc. (A) | &nbsp;&nbsp;76108 | &nbsp;&nbsp;&nbsp;&nbsp;15497111 |
| PTC, Inc. (A) | &nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1096308 |
| Salesforce, Inc. | &nbsp;&nbsp;60400 | &nbsp;&nbsp;&nbsp;&nbsp;14314800 |
| Samsara, Inc., Class A (A) | &nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937000 |
| ServiceNow, Inc. (A) | &nbsp;&nbsp;15810 | &nbsp;&nbsp;&nbsp;&nbsp;14549627 |
| SoundHound AI, Inc., Class A (A)(B) | &nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675360 |
| Strategy, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273234 |
| Synopsys, Inc. (A) | &nbsp;&nbsp;17178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8475453 |
| Unity Software, Inc. (A) | &nbsp;&nbsp;30600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225224 |
| Zeta Global Holdings Corp., Class A (A) | &nbsp;&nbsp;54602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1084942 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;326709803 |
| **Technology hardware, storage and peripherals – 12.5%** | **Technology hardware, storage and peripherals – 12.5%** |  |
| Apple, Inc. | 482549 | &nbsp;&nbsp;&nbsp;&nbsp;122871452 |
| Dell Technologies, Inc., Class C | &nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297717 |
| HP, Inc. | &nbsp;&nbsp;21800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593614 |
| NetApp, Inc. | &nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592300 |
| Pure Storage, Inc., Class A (A) | &nbsp;&nbsp;29400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2464014 |
| Sandisk Corp. (A) | &nbsp;&nbsp;49000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5497800 |
| Seagate Technology Holdings PLC | &nbsp;&nbsp;46100 | &nbsp;&nbsp;&nbsp;&nbsp;10882366 |
| Western Digital Corp. | &nbsp;&nbsp;73400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8812404 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;152011667 |
|  |  | 1006084167 |
| **Utilities – 0.2%** |  |  |
| **Independent power and renewable electricity producers –<br> 0.2%** | **Independent power and renewable electricity producers –<br> 0.2%** |  |
| Vistra Corp. | &nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2782064 |
| TOTAL COMMON STOCKS (Cost $1,000,694,921) | TOTAL COMMON STOCKS (Cost $1,000,694,921) | $1218779706 |
| **SHORT-TERM INVESTMENTS – 0.3%** | **SHORT-TERM INVESTMENTS – 0.3%** |  |
| **Short-term funds – 0.3%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 418140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4182824 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (C) | &nbsp;&nbsp;72696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72696 |
| T. Rowe Price Government Reserve Fund, 4.1621% (C) | &nbsp;&nbsp;&nbsp;3279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3279 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $4,258,885) | TOTAL SHORT-TERM INVESTMENTS (Cost $4,258,885) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4258799 |
| **Total Investments (Science & Technology Trust)<br> (Cost $1,004,953,806) – 100.4%** | **Total Investments (Science & Technology Trust)<br> (Cost $1,004,953,806) – 100.4%** | $**1223038505** |
| **Other assets and liabilities, net – (0.4%)** | **Other assets and liabilities, net – (0.4%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5123352)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**1217915153** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $4,093,946. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Select Bond Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 53.4%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 53.4%** |  |
| **U.S. Government – 14.7%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;1.375%, 08/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145252000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73034521 |
| &nbsp;&nbsp;&nbsp;1.625%, 11/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79162000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42475361 |
| &nbsp;&nbsp;&nbsp;2.000%, 02/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58323702 |
| &nbsp;&nbsp;&nbsp;2.500%, 02/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41567000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29773987 |
| &nbsp;&nbsp;&nbsp;3.375%, 11/15/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41623000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33436601 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72597000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67118195 |
| &nbsp;&nbsp;&nbsp;4.750%, 05/15/2055 to 08/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142063000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142517880 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8572000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8901486 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 09/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19952000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19816389 |
| &nbsp;&nbsp;&nbsp;3.625%, 09/30/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83768000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83342616 |
| &nbsp;&nbsp;&nbsp;3.875%, 09/30/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105177000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104831888 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/31/2031 to 07/31/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69290000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69828096 |
| &nbsp;&nbsp;&nbsp;4.125%, 07/31/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11428000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11601652 |
| &nbsp;&nbsp;&nbsp;4.250%, 06/30/2031 to 08/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91586592 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836588966 |
| **U.S. Government Agency – 38.7%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/01/2036 to 03/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62972967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52862573 |
| &nbsp;&nbsp;&nbsp;2.500%, 08/01/2051 to 12/01/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31770332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27283816 |
| &nbsp;&nbsp;&nbsp;3.000%, 03/01/2043 to 06/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101066746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91088434 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/01/2044 to 07/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137498369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127491925 |
| &nbsp;&nbsp;&nbsp;4.000%, 08/01/2037 to 04/01/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140186416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133907763 |
| &nbsp;&nbsp;&nbsp;4.500%, 12/01/2037 to 06/01/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94266717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92405659 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/01/2052 to 12/01/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185931586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185913336 |
| &nbsp;&nbsp;&nbsp;5.500%, 06/01/2053 to 05/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88727582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90372136 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 06/01/2036 to 02/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79192454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68198551 |
| &nbsp;&nbsp;&nbsp;2.500%, 08/01/2035 to 03/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191971260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167493490 |
| &nbsp;&nbsp;&nbsp;3.000%, 03/01/2033 to 05/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199048859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178568456 |
| &nbsp;&nbsp;&nbsp;3.500%, 06/01/2042 to 08/01/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188115230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174379427 |
| &nbsp;&nbsp;&nbsp;4.000%, 10/01/2037 to 10/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275651770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264914722 |
| &nbsp;&nbsp;&nbsp;4.500%, 11/01/2037 to 05/01/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295298168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289841159 |
| &nbsp;&nbsp;&nbsp;5.000%, 09/01/2052 to 11/01/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148390471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148428231 |
| &nbsp;&nbsp;&nbsp;5.500%, 12/01/2052 to 06/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99361496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101055754 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2194205432 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,116,268,697) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,116,268,697) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030794398 |
| **CORPORATE BONDS – 31.2%** | **CORPORATE BONDS – 31.2%** |  |
| **Communication services – 1.2%** |  |  |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 06/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10797000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9895611 |
| &nbsp;&nbsp;&nbsp;3.550%, 09/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10796000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7439719 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3439000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3322872 |
| Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.800%, 04/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5948000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5366594 |
| &nbsp;&nbsp;&nbsp;6.384%, 10/23/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9959813 |
| Netflix, Inc.<br> 4.875%, 06/15/2030 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5059000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5199873 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| News Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 05/15/2029 (A) | $&nbsp;&nbsp;3468000 | $&nbsp;&nbsp;&nbsp;3349573 |
| &nbsp;&nbsp;&nbsp;5.125%, 02/15/2032 (A) | &nbsp;&nbsp;6439000 | &nbsp;&nbsp;&nbsp;6402920 |
| NTT Finance Corp.<br> 5.171%, 07/16/2032 (A) | &nbsp;&nbsp;3568000 | &nbsp;&nbsp;&nbsp;3654230 |
| T-Mobile USA, Inc.<br> 3.875%, 04/15/2030 | 16003000 | 15692358 |
|  |  | 70283563 |
| **Consumer discretionary – 0.7%** |  |  |
| AutoNation, Inc.<br> 4.750%, 06/01/2030 | &nbsp;&nbsp;4455000 | &nbsp;&nbsp;&nbsp;4479458 |
| Flutter Treasury DAC<br> 5.875%, 06/04/2031 (A) | &nbsp;&nbsp;1880000 | &nbsp;&nbsp;&nbsp;1908238 |
| Ford Motor Credit Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 11/13/2030 | &nbsp;&nbsp;6753000 | &nbsp;&nbsp;&nbsp;6299273 |
| &nbsp;&nbsp;&nbsp;6.054%, 11/05/2031 | &nbsp;&nbsp;5679000 | &nbsp;&nbsp;&nbsp;5804377 |
| General Motors Financial Company, Inc.<br> 5.600%, 06/18/2031 | 14276000 | 14774076 |
| Gildan Activewear, Inc.<br> 4.700%, 10/07/2030 (A) | &nbsp;&nbsp;1291000 | &nbsp;&nbsp;&nbsp;1289052 |
| Hyundai Capital America<br> 5.400%, 01/08/2031 (A) | &nbsp;&nbsp;2564000 | &nbsp;&nbsp;&nbsp;2643905 |
| Royal Caribbean Cruises, Ltd.<br> 5.375%, 01/15/2036 (B) | &nbsp;&nbsp;2004000 | &nbsp;&nbsp;&nbsp;2015687 |
|  |  | 39214066 |
| **Consumer staples – 0.6%** |  |  |
| Bimbo Bakeries USA, Inc.<br> 6.050%, 01/15/2029 (A) | &nbsp;&nbsp;4160000 | &nbsp;&nbsp;&nbsp;4352580 |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2032 | &nbsp;&nbsp;5259000 | &nbsp;&nbsp;&nbsp;4902247 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;5554000 | &nbsp;&nbsp;&nbsp;5800209 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/20/2035 (A) | &nbsp;&nbsp;1414000 | &nbsp;&nbsp;&nbsp;1485410 |
| Kenvue, Inc.<br> 4.850%, 05/22/2032 | &nbsp;&nbsp;6913000 | &nbsp;&nbsp;&nbsp;7012798 |
| Mars, Inc.<br> 5.000%, 03/01/2032 (A) | &nbsp;&nbsp;3392000 | &nbsp;&nbsp;&nbsp;3470245 |
| Pilgrim's Pride Corp.<br> 6.250%, 07/01/2033 | &nbsp;&nbsp;3414000 | &nbsp;&nbsp;&nbsp;3644240 |
|  |  | 30667729 |
| **Energy – 4.3%** |  |  |
| Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 07/15/2031 (A) | &nbsp;&nbsp;1302000 | &nbsp;&nbsp;&nbsp;1190632 |
| &nbsp;&nbsp;&nbsp;3.750%, 01/15/2030 (A) | &nbsp;&nbsp;1411000 | &nbsp;&nbsp;&nbsp;1362668 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/15/2031 (A) | &nbsp;&nbsp;1997000 | &nbsp;&nbsp;&nbsp;1924567 |
| &nbsp;&nbsp;&nbsp;5.800%, 10/01/2054 (A) | &nbsp;&nbsp;2495000 | &nbsp;&nbsp;&nbsp;2313141 |
| Antero Resources Corp.<br> 5.375%, 03/01/2030 (A) | &nbsp;&nbsp;6088000 | &nbsp;&nbsp;&nbsp;6123323 |
| Cheniere Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/31/2032 | 12750000 | 11615402 |
| &nbsp;&nbsp;&nbsp;5.550%, 10/30/2035 (A) | &nbsp;&nbsp;2672000 | &nbsp;&nbsp;&nbsp;2729749 |
| &nbsp;&nbsp;&nbsp;5.950%, 06/30/2033 | &nbsp;&nbsp;5442000 | &nbsp;&nbsp;&nbsp;5760888 |
| Cheniere Energy, Inc.<br> 5.650%, 04/15/2034 | &nbsp;&nbsp;1652000 | &nbsp;&nbsp;&nbsp;1702948 |
| Columbia Pipelines Holding Company LLC<br> 5.681%, 01/15/2034 (A) | &nbsp;&nbsp;7296000 | &nbsp;&nbsp;&nbsp;7516250 |
| Columbia Pipelines Operating Company LLC<br> 6.036%, 11/15/2033 (A) | &nbsp;&nbsp;4527000 | &nbsp;&nbsp;&nbsp;4830473 |
| Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 04/01/2032 (A) | &nbsp;&nbsp;3577000 | &nbsp;&nbsp;&nbsp;3117028 |
| &nbsp;&nbsp;&nbsp;4.900%, 06/01/2044 | &nbsp;&nbsp;3549000 | &nbsp;&nbsp;&nbsp;2895391 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2031 (A) | &nbsp;&nbsp;6120000 | &nbsp;&nbsp;&nbsp;6311153 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Devon Energy Corp.<br> 5.200%, 09/15/2034 (C) | $&nbsp;&nbsp;4013000 | $&nbsp;&nbsp;&nbsp;3995635 |
| DT Midstream, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 06/15/2031 (A) | 10723000 | 10363071 |
| &nbsp;&nbsp;&nbsp;5.800%, 12/15/2034 (A) | &nbsp;&nbsp;2130000 | &nbsp;&nbsp;&nbsp;2196009 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080 | &nbsp;&nbsp;6888000 | &nbsp;&nbsp;&nbsp;6954214 |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%), 03/01/2078 | &nbsp;&nbsp;8184000 | &nbsp;&nbsp;&nbsp;8267272 |
| &nbsp;&nbsp;&nbsp;8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084 | &nbsp;&nbsp;3176000 | &nbsp;&nbsp;&nbsp;3632439 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 03/15/2045 | &nbsp;&nbsp;3478000 | &nbsp;&nbsp;&nbsp;3121183 |
| &nbsp;&nbsp;&nbsp;5.400%, 10/01/2047 | &nbsp;&nbsp;7516000 | &nbsp;&nbsp;&nbsp;6879775 |
| &nbsp;&nbsp;&nbsp;5.600%, 09/01/2034 | &nbsp;&nbsp;3044000 | &nbsp;&nbsp;&nbsp;3124090 |
| Enterprise Products Operating LLC<br> 5.250%, (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%), 08/16/2077 | &nbsp;&nbsp;9537000 | &nbsp;&nbsp;&nbsp;9526746 |
| Expand Energy Corp.<br> 4.750%, 02/01/2032 | &nbsp;&nbsp;6234000 | &nbsp;&nbsp;&nbsp;6126619 |
| Gulfstream Natural Gas System LLC<br> 5.600%, 07/23/2035 (A) | &nbsp;&nbsp;2224000 | &nbsp;&nbsp;&nbsp;2278633 |
| Harbour Energy PLC<br> 6.327%, 04/01/2035 (A) | &nbsp;&nbsp;8400000 | &nbsp;&nbsp;&nbsp;8626088 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 09/01/2032 | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;&nbsp;3410771 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2033 | &nbsp;&nbsp;3412000 | &nbsp;&nbsp;&nbsp;3412848 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 01/01/2032 | &nbsp;&nbsp;2492000 | &nbsp;&nbsp;&nbsp;2534319 |
| &nbsp;&nbsp;&nbsp;6.050%, 10/01/2054 | &nbsp;&nbsp;6181000 | &nbsp;&nbsp;&nbsp;6031461 |
| &nbsp;&nbsp;&nbsp;6.450%, 09/15/2036 | &nbsp;&nbsp;8761000 | &nbsp;&nbsp;&nbsp;9310026 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2030 | &nbsp;&nbsp;2127000 | &nbsp;&nbsp;&nbsp;2278917 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.050%, 09/01/2033 | &nbsp;&nbsp;5628000 | &nbsp;&nbsp;&nbsp;5967867 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2053 | &nbsp;&nbsp;5695000 | &nbsp;&nbsp;&nbsp;6058281 |
| Ovintiv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 07/15/2033 | &nbsp;&nbsp;2314000 | &nbsp;&nbsp;&nbsp;2440848 |
| &nbsp;&nbsp;&nbsp;7.200%, 11/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;649000 | &nbsp;&nbsp;&nbsp;&nbsp;715700 |
| Plains All American Pipeline LP |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, 01/15/2031 | &nbsp;&nbsp;1982000 | &nbsp;&nbsp;&nbsp;1986219 |
| &nbsp;&nbsp;&nbsp;5.600%, 01/15/2036 | &nbsp;&nbsp;1492000 | &nbsp;&nbsp;&nbsp;1510752 |
| Repsol E&P Capital Markets US LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.204%, 09/16/2030 (A) | &nbsp;&nbsp;1985000 | &nbsp;&nbsp;&nbsp;1999369 |
| &nbsp;&nbsp;&nbsp;5.976%, 09/16/2035 (A) | &nbsp;&nbsp;1488000 | &nbsp;&nbsp;&nbsp;1515065 |
| Sabine Pass Liquefaction LLC<br> 4.500%, 05/15/2030 | 11259000 | 11298274 |
| Saudi Arabian Oil Company<br> 5.250%, 07/17/2034 (A) | &nbsp;&nbsp;1672000 | &nbsp;&nbsp;&nbsp;1719808 |
| Targa Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 02/15/2035 | &nbsp;&nbsp;5603000 | &nbsp;&nbsp;&nbsp;5701313 |
| &nbsp;&nbsp;&nbsp;6.150%, 03/01/2029 | &nbsp;&nbsp;3959000 | &nbsp;&nbsp;&nbsp;4170858 |
| Targa Resources Partners LP<br> 4.000%, 01/15/2032 | &nbsp;&nbsp;4143000 | &nbsp;&nbsp;&nbsp;3928989 |
| Var Energi ASA |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 05/22/2030 (A) | &nbsp;&nbsp;5034000 | &nbsp;&nbsp;&nbsp;5234332 |
| &nbsp;&nbsp;&nbsp;8.000%, 11/15/2032 (A) | 11393000 | 13222038 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Viper Energy Partners LLC<br> 4.900%, 08/01/2030 | $&nbsp;&nbsp;1661000 | $&nbsp;&nbsp;&nbsp;&nbsp;1673385 |
| Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;4.050%, 02/01/2030 | &nbsp;&nbsp;4954000 | &nbsp;&nbsp;&nbsp;&nbsp;4835539 |
| &nbsp;&nbsp;&nbsp;5.450%, 11/15/2034 | &nbsp;&nbsp;1952000 | &nbsp;&nbsp;&nbsp;&nbsp;1954612 |
| Whistler Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 09/30/2029 (A) | &nbsp;&nbsp;1920000 | &nbsp;&nbsp;&nbsp;&nbsp;1974605 |
| &nbsp;&nbsp;&nbsp;5.700%, 09/30/2031 (A) | &nbsp;&nbsp;2022000 | &nbsp;&nbsp;&nbsp;&nbsp;2102044 |
|  |  | 241473627 |
| **Financials – 12.6%** |  |  |
| Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.548%, (5.548% to 7-31-32, then Overnight SOFR + 1.780%), 07/31/2033 | &nbsp;&nbsp;5437000 | &nbsp;&nbsp;&nbsp;&nbsp;5457135 |
| &nbsp;&nbsp;&nbsp;5.737%, (5.737% to 5-15-28, then SOFR Compouned Index + 1.960%), 05/15/2029 | &nbsp;&nbsp;2565000 | &nbsp;&nbsp;&nbsp;&nbsp;2625494 |
| &nbsp;&nbsp;&nbsp;6.184%, (6.184% to 7-26-34, then Overnight SOFR + 2.290%), 07/26/2035 | &nbsp;&nbsp;3319000 | &nbsp;&nbsp;&nbsp;&nbsp;3423193 |
| &nbsp;&nbsp;&nbsp;8.000%, 11/01/2031 | &nbsp;&nbsp;4521000 | &nbsp;&nbsp;&nbsp;&nbsp;5153803 |
| Apollo Debt Solutions BDC |  |  |
| &nbsp;&nbsp;&nbsp;6.700%, 07/29/2031 | &nbsp;&nbsp;4853000 | &nbsp;&nbsp;&nbsp;&nbsp;5143265 |
| &nbsp;&nbsp;&nbsp;6.900%, 04/13/2029 | &nbsp;&nbsp;1662000 | &nbsp;&nbsp;&nbsp;&nbsp;1747388 |
| Ares Strategic Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 01/15/2031 (A) | &nbsp;&nbsp;5969000 | &nbsp;&nbsp;&nbsp;&nbsp;5897920 |
| &nbsp;&nbsp;&nbsp;5.450%, 09/09/2028 (A) | &nbsp;&nbsp;2699000 | &nbsp;&nbsp;&nbsp;&nbsp;2720053 |
| &nbsp;&nbsp;&nbsp;5.600%, 02/15/2030 | &nbsp;&nbsp;4613000 | &nbsp;&nbsp;&nbsp;&nbsp;4658023 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/15/2028 | &nbsp;&nbsp;1122000 | &nbsp;&nbsp;&nbsp;&nbsp;1137734 |
| &nbsp;&nbsp;&nbsp;5.800%, 09/09/2030 (A) | &nbsp;&nbsp;5296000 | &nbsp;&nbsp;&nbsp;&nbsp;5381863 |
| &nbsp;&nbsp;&nbsp;6.200%, 03/21/2032 | &nbsp;&nbsp;4045000 | &nbsp;&nbsp;&nbsp;&nbsp;4179236 |
| &nbsp;&nbsp;&nbsp;6.350%, 08/15/2029 | &nbsp;&nbsp;1889000 | &nbsp;&nbsp;&nbsp;&nbsp;1956837 |
| Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;4.721%, 10/08/2029 (A) | &nbsp;&nbsp;3479000 | &nbsp;&nbsp;&nbsp;&nbsp;3506991 |
| &nbsp;&nbsp;&nbsp;5.322%, 11/13/2031 (A) | &nbsp;&nbsp;4128000 | &nbsp;&nbsp;&nbsp;&nbsp;4224084 |
| Athene Holding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 01/15/2031 | 11755000 | &nbsp;&nbsp;&nbsp;11154555 |
| &nbsp;&nbsp;&nbsp;6.625%, (6.625% to 10-15-34, then 5 Year CMT + 2.607%), 10/15/2054 | &nbsp;&nbsp;2418000 | &nbsp;&nbsp;&nbsp;&nbsp;2439726 |
| Atlas Warehouse Lending Company LP<br> 6.250%, 01/15/2030 (A) | &nbsp;&nbsp;3422000 | &nbsp;&nbsp;&nbsp;&nbsp;3518524 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031 | &nbsp;&nbsp;9261000 | &nbsp;&nbsp;&nbsp;&nbsp;8582045 |
| &nbsp;&nbsp;&nbsp;2.687%, (2.687% to 4-22-31, then Overnight SOFR + 1.320%), 04/22/2032 | 15228000 | &nbsp;&nbsp;&nbsp;13872406 |
| &nbsp;&nbsp;&nbsp;4.571%, (4.571% to 4-27-32, then Overnight SOFR + 1.830%), 04/27/2033 | 15672000 | &nbsp;&nbsp;&nbsp;15668761 |
| &nbsp;&nbsp;&nbsp;5.425%, (5.425% to 8-15-34, then Overnight SOFR + 1.913%), 08/15/2035 | 12552000 | &nbsp;&nbsp;&nbsp;12804423 |
| &nbsp;&nbsp;&nbsp;5.518%, (5.518% to 10-25-34, then Overnight SOFR + 1.738%), 10/25/2035 | &nbsp;&nbsp;1674000 | &nbsp;&nbsp;&nbsp;&nbsp;1714676 |
| &nbsp;&nbsp;&nbsp;6.625%, (6.625% to 5-1-30, then 5 Year CMT + 2.684%), 05/01/2030 (D) | &nbsp;&nbsp;8168000 | &nbsp;&nbsp;&nbsp;&nbsp;8498714 |
| Bank of Montreal<br> 7.700%, (7.700% to 5-26-29, then 5 Year CMT + 3.452%), 05/26/2084 | &nbsp;&nbsp;7283000 | &nbsp;&nbsp;&nbsp;&nbsp;7717861 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Barclays PLC<br> 5.690%, (5.690% to 3-12-29, then Overnight SOFR + 1.740%), 03/12/2030 | $15692000 | $16303956 |
| Blackstone Private Credit Fund |  |  |
| &nbsp;&nbsp;&nbsp;5.050%, 09/10/2030 | &nbsp;&nbsp;4958000 | &nbsp;&nbsp;&nbsp;4900304 |
| &nbsp;&nbsp;&nbsp;5.250%, 04/01/2030 | &nbsp;&nbsp;4767000 | &nbsp;&nbsp;&nbsp;4784854 |
| &nbsp;&nbsp;&nbsp;5.950%, 07/16/2029 | &nbsp;&nbsp;3352000 | &nbsp;&nbsp;&nbsp;3448381 |
| &nbsp;&nbsp;&nbsp;6.000%, 01/29/2032 | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;&nbsp;1919287 |
| &nbsp;&nbsp;&nbsp;7.300%, 11/27/2028 | &nbsp;&nbsp;3286000 | &nbsp;&nbsp;&nbsp;3510014 |
| BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;5.497%, (5.497% to 5-20-29, then Overnight SOFR + 1.590%), 05/20/2030 (A) | &nbsp;&nbsp;4613000 | &nbsp;&nbsp;&nbsp;4770198 |
| &nbsp;&nbsp;&nbsp;9.250%, (9.250% to 11-17-27, then 5 Year CMT + 4.969%), 11/17/2027 (A)(D) | &nbsp;&nbsp;1922000 | &nbsp;&nbsp;&nbsp;2064878 |
| BPCE SA<br> 5.716%, (5.716% to 1-18-29, then Overnight SOFR + 1.959%), 01/18/2030 (A) | &nbsp;&nbsp;4423000 | &nbsp;&nbsp;&nbsp;4574043 |
| Brookfield Finance, Inc.<br> 6.300%, (6.300% to 1-15-35, then 5 Year CMT + 2.076%), 01/15/2055 | &nbsp;&nbsp;5783000 | &nbsp;&nbsp;&nbsp;5733659 |
| Cantor Fitzgerald LP<br> 7.200%, 12/12/2028 (A) | &nbsp;&nbsp;9542000 | 10194651 |
| Capital One Financial Corp.<br> 6.700%, 11/29/2032 | &nbsp;&nbsp;6707000 | &nbsp;&nbsp;&nbsp;7399346 |
| Citadel Finance LLC<br> 5.900%, 02/10/2030 (A) | &nbsp;&nbsp;3312000 | &nbsp;&nbsp;&nbsp;3360323 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.561%, (2.561% to 5-1-31, then Overnight SOFR + 1.167%), 05/01/2032 | &nbsp;&nbsp;5665000 | &nbsp;&nbsp;&nbsp;5105858 |
| &nbsp;&nbsp;&nbsp;6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034 | &nbsp;&nbsp;6377000 | &nbsp;&nbsp;&nbsp;6785214 |
| Citizens Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 04/30/2030 | &nbsp;&nbsp;1035000 | &nbsp;&nbsp;&nbsp;&nbsp;979865 |
| &nbsp;&nbsp;&nbsp;5.253%, (5.253% to 3-5-30, then Overnight SOFR + 1.259%), 03/05/2031 | &nbsp;&nbsp;4252000 | &nbsp;&nbsp;&nbsp;4357755 |
| &nbsp;&nbsp;&nbsp;5.718%, (5.718% to 7-23-31, then Overnight SOFR + 1.910%), 07/23/2032 | &nbsp;&nbsp;9251000 | &nbsp;&nbsp;&nbsp;9659324 |
| &nbsp;&nbsp;&nbsp;6.645%, (6.645% to 4-25-34, then Overnight SOFR + 2.325%), 04/25/2035 | &nbsp;&nbsp;3806000 | &nbsp;&nbsp;&nbsp;4187778 |
| CNO Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 05/30/2029 | &nbsp;&nbsp;7460000 | &nbsp;&nbsp;&nbsp;7588709 |
| &nbsp;&nbsp;&nbsp;6.450%, 06/15/2034 | &nbsp;&nbsp;2070000 | &nbsp;&nbsp;&nbsp;2196629 |
| CNO Global Funding<br> 4.950%, 09/09/2029 (A) | &nbsp;&nbsp;4077000 | &nbsp;&nbsp;&nbsp;4158091 |
| Comerica, Inc.<br> 5.982%, (5.982% to 1-30-29, then Overnight SOFR + 2.155%), 01/30/2030 | &nbsp;&nbsp;3333000 | &nbsp;&nbsp;&nbsp;3468474 |
| Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/14/2030 (A) | 10291000 | &nbsp;&nbsp;&nbsp;9708945 |
| &nbsp;&nbsp;&nbsp;5.862%, (5.862% to 1-9-35, then Overnight SOFR + 1.740%), 01/09/2036 (A) | &nbsp;&nbsp;5525000 | &nbsp;&nbsp;&nbsp;5808626 |
| &nbsp;&nbsp;&nbsp;6.316%, (6.316% to 10-3-28, then Overnight SOFR + 1.860%), 10/03/2029 (A) | &nbsp;&nbsp;5562000 | &nbsp;&nbsp;&nbsp;5863627 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Danske Bank A/S<br> 5.019%, (5.019% to 3-4-30, then 1 Year CMT + 0.930%), 03/04/2031 (A) | $5425000 | $5527516 |
| Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, (4.950% to 8-4-30, then Overnight SOFR + 1.300%), 08/04/2031 | 4259000 | 4299277 |
| &nbsp;&nbsp;&nbsp;5.297%, (5.297% to 5-9-30, then Overnight SOFR + 1.720%), 05/09/2031 | 3641000 | 3729707 |
| &nbsp;&nbsp;&nbsp;6.819%, (6.819% to 11-20-28, then Overnight SOFR + 2.510%), 11/20/2029 | 3804000 | 4068981 |
| Enact Holdings, Inc.<br> 6.250%, 05/28/2029 | 5682000 | 5941287 |
| F&G Annuities & Life, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 10/04/2034 | 6018000 | 6137380 |
| &nbsp;&nbsp;&nbsp;6.500%, 06/04/2029 | 2989000 | 3116354 |
| Fifth Third Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;4.772%, (4.772% to 7-28-29, then SOFR Compounded Index + 2.127%), 07/28/2030 | 2420000 | 2447205 |
| &nbsp;&nbsp;&nbsp;5.631%, (5.631% to 1-29-31, then Overnight SOFR + 1.840%), 01/29/2032 | 4235000 | 4439764 |
| First Citizens BancShares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.231%, (5.231% to 3-12-30, then Overnight SOFR + 1.410%), 03/12/2031 | 5649000 | 5732643 |
| &nbsp;&nbsp;&nbsp;5.600%, (5.600% to 9-5-30, then 5 Year CMT + 1.850%), 09/05/2035 | 5187000 | 5173294 |
| First Horizon Corp.<br> 5.514%, (5.514% to 3-7-30, then Overnight SOFR + 1.766%), 03/07/2031 | 3392000 | 3491616 |
| GA Global Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/18/2030 (A) | 6157000 | 6107475 |
| &nbsp;&nbsp;&nbsp;5.200%, 12/09/2031 (A) | 4053000 | 4123590 |
| HPS Corporate Lending Fund<br> 5.950%, 04/14/2032 | 4233000 | 4302769 |
| Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.272%, (5.272% to 1-15-30, then Overnight SOFR + 1.276%), 01/15/2031 | 3485000 | 3591877 |
| &nbsp;&nbsp;&nbsp;6.141%, (6.141% to 11-18-34, then 5 Year CMT + 1.700%), 11/18/2039 | 1808000 | 1881426 |
| &nbsp;&nbsp;&nbsp;6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029 | 2457000 | 2585839 |
| ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;5.335%, (5.335% to 3-19-29, then Overnight SOFR + 1.440%), 03/19/2030 | 1634000 | 1686133 |
| &nbsp;&nbsp;&nbsp;6.114%, (6.114% to 9-11-33, then Overnight SOFR + 2.090%), 09/11/2034 | 2482000 | 2684624 |
| Jefferies Financial Group, Inc.<br> 6.200%, 04/14/2034 | 4595000 | 4885388 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031 | 2662000 | 2469085 |
| &nbsp;&nbsp;&nbsp;4.603%, (4.603% to 10-22-29, then Overnight SOFR + 1.040%), 10/22/2030 | 5672000 | 5738315 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| JPMorgan Chase & Co. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.995%, (4.995% to 7-22-29, then Overnight SOFR + 1.125%), 07/22/2030 | $&nbsp;&nbsp;5767000 | $&nbsp;&nbsp;&nbsp;5915462 |
| &nbsp;&nbsp;&nbsp;5.012%, (5.012% to 1-23-29, then Overnight SOFR + 1.310%), 01/23/2030 | &nbsp;&nbsp;6182000 | &nbsp;&nbsp;&nbsp;6333154 |
| &nbsp;&nbsp;&nbsp;5.294%, (5.294% to 7-22-34, then Overnight SOFR + 1.460%), 07/22/2035 | &nbsp;&nbsp;8146000 | &nbsp;&nbsp;&nbsp;8413800 |
| &nbsp;&nbsp;&nbsp;5.576%, (5.576% to 7-23-35, then Overnight SOFR + 1.635%), 07/23/2036 | 13595000 | 14093692 |
| &nbsp;&nbsp;&nbsp;5.581%, (5.581% to 4-22-29, then Overnight SOFR + 1.160%), 04/22/2030 | &nbsp;&nbsp;3242000 | &nbsp;&nbsp;&nbsp;3386226 |
| KeyBank NA<br> 5.000%, 01/26/2033 | &nbsp;&nbsp;5744000 | &nbsp;&nbsp;&nbsp;5781009 |
| KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;5.121%, (5.121% to 4-4-30, then SOFR Compounded Index + 1.227%), 04/04/2031 (C) | &nbsp;&nbsp;5332000 | &nbsp;&nbsp;&nbsp;5474857 |
| &nbsp;&nbsp;&nbsp;6.401%, (6.401% to 3-6-34, then SOFR Compounded Index + 2.420%), 03/06/2035 | &nbsp;&nbsp;1989000 | &nbsp;&nbsp;&nbsp;2158465 |
| Lazard Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 03/11/2029 | &nbsp;&nbsp;4073000 | &nbsp;&nbsp;&nbsp;4062905 |
| &nbsp;&nbsp;&nbsp;6.000%, 03/15/2031 | &nbsp;&nbsp;3245000 | &nbsp;&nbsp;&nbsp;3429312 |
| Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;6.068%, (6.068% to 6-13-35, then 1 Year CMT + 1.600%), 06/13/2036 | &nbsp;&nbsp;3363000 | &nbsp;&nbsp;&nbsp;3530154 |
| &nbsp;&nbsp;&nbsp;6.750%, (6.750% to 9-27-31, then 5 Year CMT + 3.150%), 09/27/2031 (D) | &nbsp;&nbsp;3030000 | &nbsp;&nbsp;&nbsp;3101224 |
| M&T Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%), 11/01/2026 (D) | &nbsp;&nbsp;4011000 | &nbsp;&nbsp;&nbsp;3993453 |
| &nbsp;&nbsp;&nbsp;5.179%, (5.179% to 7-8-30, then Overnight SOFR + 1.400%), 07/08/2031 | &nbsp;&nbsp;2742000 | &nbsp;&nbsp;&nbsp;2808100 |
| &nbsp;&nbsp;&nbsp;5.385%, (5.385% to 1-16-35, then Overnight SOFR + 1.610%), 01/16/2036 | &nbsp;&nbsp;4642000 | &nbsp;&nbsp;&nbsp;4706047 |
| &nbsp;&nbsp;&nbsp;5.400%, (5.400% to 7-30-30, then 5 Year CMT + 1.430%), 07/30/2035 | &nbsp;&nbsp;4950000 | &nbsp;&nbsp;&nbsp;4987634 |
| Macquarie Airfinance Holdings, Ltd.<br> 5.150%, 03/17/2030 (A) | &nbsp;&nbsp;1381000 | &nbsp;&nbsp;&nbsp;1400306 |
| Macquarie Bank, Ltd.<br> 3.624%, 06/03/2030 (A) | &nbsp;&nbsp;4283000 | &nbsp;&nbsp;&nbsp;4081234 |
| MassMutual Global Funding II<br> 4.350%, 09/17/2031 (A) | &nbsp;&nbsp;4274000 | &nbsp;&nbsp;&nbsp;4248245 |
| MetLife, Inc.<br> 6.400%, (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%), 12/15/2036 | &nbsp;&nbsp;4716000 | &nbsp;&nbsp;&nbsp;4962713 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032 | &nbsp;&nbsp;2499000 | &nbsp;&nbsp;&nbsp;2207102 |
| &nbsp;&nbsp;&nbsp;2.484%, (2.484% to 9-16-31, then Overnight SOFR + 1.360%), 09/16/2036 | &nbsp;&nbsp;9696000 | &nbsp;&nbsp;&nbsp;8422204 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Morgan Stanley (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.173%, (5.173% to 1-16-29, then Overnight SOFR + 1.450%), 01/16/2030 | $&nbsp;&nbsp;9578000 | $&nbsp;&nbsp;&nbsp;9844023 |
| &nbsp;&nbsp;&nbsp;5.320%, (5.320% to 7-19-34, then Overnight SOFR + 1.555%), 07/19/2035 | &nbsp;&nbsp;6945000 | &nbsp;&nbsp;&nbsp;7166189 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;7.300%, (7.300% to 5-19-35, then 5 Year CMT + 2.937%), 11/19/2034 (D) | &nbsp;&nbsp;5552000 | &nbsp;&nbsp;&nbsp;5853393 |
| &nbsp;&nbsp;&nbsp;8.125%, (8.125% to 5-10-34, then 5 Year CMT + 3.752%), 11/10/2033 (D) | &nbsp;&nbsp;8497000 | &nbsp;&nbsp;&nbsp;9565540 |
| NMI Holdings, Inc.<br> 6.000%, 08/15/2029 | &nbsp;&nbsp;5245000 | &nbsp;&nbsp;&nbsp;5420917 |
| Nordea Bank ABP<br> 6.300%, (6.300% to 3-25-32, then 5 Year CMT + 2.660%), 09/25/2031 (A)(C)(D) | &nbsp;&nbsp;8181000 | &nbsp;&nbsp;&nbsp;8265722 |
| Radian Group, Inc.<br> 6.200%, 05/15/2029 | &nbsp;&nbsp;7871000 | &nbsp;&nbsp;&nbsp;8220540 |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.502%, (5.502% to 9-6-34, then Overnight SOFR + 2.060%), 09/06/2035 | &nbsp;&nbsp;8976000 | &nbsp;&nbsp;&nbsp;9227950 |
| &nbsp;&nbsp;&nbsp;5.722%, (5.722% to 6-6-29, then Overnight SOFR + 1.490%), 06/06/2030 | &nbsp;&nbsp;2506000 | &nbsp;&nbsp;&nbsp;2611823 |
| Reinsurance Group of America, Inc.<br> 6.650%, (6.650% to 9-15-35, then 5 Year CMT + 2.392%), 09/15/2055 | &nbsp;&nbsp;2372000 | &nbsp;&nbsp;&nbsp;2489867 |
| Royal Bank of Canada<br> 6.500%, (6.500% to 11-24-35, then 5 Year CMT + 2.462%), 11/24/2085 | &nbsp;&nbsp;8023000 | &nbsp;&nbsp;&nbsp;7945361 |
| Simmons First National Corp.<br> 6.250%, (6.250% to 10-1-30, then 3 month CME Term SOFR + 3.020%), 10/01/2035 | &nbsp;&nbsp;4867000 | &nbsp;&nbsp;&nbsp;4887461 |
| Sixth Street Lending Partners |  |  |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2030 | &nbsp;&nbsp;2339000 | &nbsp;&nbsp;&nbsp;2376736 |
| &nbsp;&nbsp;&nbsp;6.125%, 07/15/2030 (A) | &nbsp;&nbsp;2294000 | &nbsp;&nbsp;&nbsp;2371708 |
| Teachers Insurance & Annuity Association of America<br> 4.270%, 05/15/2047 (A) | &nbsp;&nbsp;7843000 | &nbsp;&nbsp;&nbsp;6507739 |
| The Bank of New York Mellon Corp.<br> 4.942%, (4.942% to 2-11-30, then Overnight SOFR + 0.887%), 02/11/2031 | &nbsp;&nbsp;3287000 | &nbsp;&nbsp;&nbsp;3376196 |
| The Charles Schwab Corp.<br> 5.853%, (5.853% to 5-19-33, then Overnight SOFR + 2.500%), 05/19/2034 | &nbsp;&nbsp;3582000 | &nbsp;&nbsp;&nbsp;3833579 |
| The Goldman Sachs Group, Inc.<br> 2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032 | 15280000 | 13862310 |
| The PNC Financial Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.812%, (4.812% to 10-21-31, then Overnight SOFR + 1.259%), 10/21/2032 | &nbsp;&nbsp;5467000 | &nbsp;&nbsp;&nbsp;5542205 |
| &nbsp;&nbsp;&nbsp;5.575%, (5.575% to 1-29-35, then Overnight SOFR + 1.394%), 01/29/2036 | &nbsp;&nbsp;4018000 | &nbsp;&nbsp;&nbsp;4192388 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| The PNC Financial Services<br> Group, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.939%, (5.939% to 8-18-33, then Overnight SOFR + 1.946%), 08/18/2034 | $&nbsp;&nbsp;3752000 | $&nbsp;&nbsp;&nbsp;&nbsp;4024551 |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 3-15-30, then 7 Year CMT + 2.808%), 03/15/2030 (D) | &nbsp;&nbsp;3312000 | &nbsp;&nbsp;&nbsp;&nbsp;3398447 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.153%, (5.153% to 8-5-31, then Overnight SOFR + 1.571%), 08/05/2032 | &nbsp;&nbsp;5528000 | &nbsp;&nbsp;&nbsp;&nbsp;5689196 |
| &nbsp;&nbsp;&nbsp;5.867%, (5.867% to 6-8-33, then Overnight SOFR + 2.361%), 06/08/2034 | 12193000 | &nbsp;&nbsp;&nbsp;12918798 |
| &nbsp;&nbsp;&nbsp;6.123%, (6.123% to 10-28-32, then Overnight SOFR + 2.300%), 10/28/2033 | &nbsp;&nbsp;3786000 | &nbsp;&nbsp;&nbsp;&nbsp;4079085 |
| U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;4.839%, (4.839% to 2-1-33, then Overnight SOFR + 1.600%), 02/01/2034 | &nbsp;&nbsp;5850000 | &nbsp;&nbsp;&nbsp;&nbsp;5875615 |
| &nbsp;&nbsp;&nbsp;5.083%, (5.083% to 5-15-30, then Overnight SOFR + 1.296%), 05/15/2031 | &nbsp;&nbsp;3880000 | &nbsp;&nbsp;&nbsp;&nbsp;3989908 |
| &nbsp;&nbsp;&nbsp;5.384%, (5.384% to 1-23-29, then Overnight SOFR + 1.560%), 01/23/2030 | &nbsp;&nbsp;2246000 | &nbsp;&nbsp;&nbsp;&nbsp;2322181 |
| &nbsp;&nbsp;&nbsp;5.836%, (5.836% to 6-10-33, then Overnight SOFR + 2.260%), 06/12/2034 | &nbsp;&nbsp;5750000 | &nbsp;&nbsp;&nbsp;&nbsp;6127131 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;5.428%, (5.428% to 2-8-29, then 1 Year CMT + 1.520%), 02/08/2030 (A) | &nbsp;&nbsp;3698000 | &nbsp;&nbsp;&nbsp;&nbsp;3820732 |
| &nbsp;&nbsp;&nbsp;6.301%, (6.301% to 9-22-33, then 1 Year CMT + 2.000%), 09/22/2034 (A) | &nbsp;&nbsp;3758000 | &nbsp;&nbsp;&nbsp;&nbsp;4103271 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 8-10-30, then 5 Year SOFR ICE Swap Rate + 3.077%), 02/10/2030 (A)(D) | &nbsp;&nbsp;3908000 | &nbsp;&nbsp;&nbsp;&nbsp;4004723 |
| &nbsp;&nbsp;&nbsp;7.125%, (7.125% to 2-10-35, then 5 Year SOFR ICE Swap Rate + 3.179%), 08/10/2034 (A)(D) | &nbsp;&nbsp;4875000 | &nbsp;&nbsp;&nbsp;&nbsp;5016161 |
| &nbsp;&nbsp;&nbsp;9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (A)(D) | &nbsp;&nbsp;4471000 | &nbsp;&nbsp;&nbsp;&nbsp;5324366 |
| Webster Financial Corp.<br> 5.784%, (5.784% to 9-11-30, then 5 Year CMT + 2.125%), 09/11/2035 | &nbsp;&nbsp;1983000 | &nbsp;&nbsp;&nbsp;&nbsp;1983232 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033 | 17039000 | &nbsp;&nbsp;&nbsp;15861178 |
| &nbsp;&nbsp;&nbsp;5.211%, (5.211% to 12-3-34, then Overnight SOFR + 1.380%), 12/03/2035 | &nbsp;&nbsp;4297000 | &nbsp;&nbsp;&nbsp;&nbsp;4390426 |
| &nbsp;&nbsp;&nbsp;5.244%, (5.244% to 1-24-30, then Overnight SOFR + 1.110%), 01/24/2031 | &nbsp;&nbsp;3556000 | &nbsp;&nbsp;&nbsp;&nbsp;3679065 |
| &nbsp;&nbsp;&nbsp;6.491%, (6.491% to 10-23-33, then Overnight SOFR + 2.060%), 10/23/2034 | &nbsp;&nbsp;7675000 | &nbsp;&nbsp;&nbsp;&nbsp;8527637 |
|  |  | 716373692 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care – 2.1%** |  |  |
| AbbVie, Inc.<br> 5.050%, 03/15/2034 | $&nbsp;&nbsp;2015000 | $&nbsp;&nbsp;&nbsp;&nbsp;2073484 |
| Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.250%, 03/02/2033 | 17631000 | &nbsp;&nbsp;&nbsp;18262910 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/02/2053 | &nbsp;&nbsp;6451000 | &nbsp;&nbsp;&nbsp;&nbsp;6434500 |
| Cencora, Inc.<br> 2.800%, 05/15/2030 | &nbsp;&nbsp;4627000 | &nbsp;&nbsp;&nbsp;&nbsp;4333310 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.625%, 08/01/2031 | &nbsp;&nbsp;7216000 | &nbsp;&nbsp;&nbsp;&nbsp;6198725 |
| &nbsp;&nbsp;&nbsp;4.625%, 12/15/2029 | 12783000 | &nbsp;&nbsp;&nbsp;12391536 |
| CVS Health Corp.<br> 5.000%, 09/15/2032 | &nbsp;&nbsp;2517000 | &nbsp;&nbsp;&nbsp;&nbsp;2547799 |
| Fresenius Medical Care US Finance<br> III, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.375%, 02/16/2031 (A) | &nbsp;&nbsp;9496000 | &nbsp;&nbsp;&nbsp;&nbsp;8385526 |
| &nbsp;&nbsp;&nbsp;3.750%, 06/15/2029 (A) | &nbsp;&nbsp;5488000 | &nbsp;&nbsp;&nbsp;&nbsp;5345243 |
| HCA, Inc.<br> 5.450%, 04/01/2031 | &nbsp;&nbsp;4457000 | &nbsp;&nbsp;&nbsp;&nbsp;4632960 |
| Horizon Mutual Holdings, Inc.<br> 6.200%, 11/15/2034 (A) | &nbsp;&nbsp;6064000 | &nbsp;&nbsp;&nbsp;&nbsp;5928125 |
| Icon Investments Six DAC<br> 5.849%, 05/08/2029 | &nbsp;&nbsp;2297000 | &nbsp;&nbsp;&nbsp;&nbsp;2397612 |
| IQVIA, Inc.<br> 6.250%, 02/01/2029 | &nbsp;&nbsp;2930000 | &nbsp;&nbsp;&nbsp;&nbsp;3084221 |
| Pfizer Investment Enterprises Pte, Ltd.<br> 4.750%, 05/19/2033 | &nbsp;&nbsp;5425000 | &nbsp;&nbsp;&nbsp;&nbsp;5480615 |
| Regeneron Pharmaceuticals, Inc.<br> 1.750%, 09/15/2030 | 10161000 | &nbsp;&nbsp;&nbsp;&nbsp;8961925 |
| Royalty Pharma PLC<br> 5.150%, 09/02/2029 | &nbsp;&nbsp;2910000 | &nbsp;&nbsp;&nbsp;&nbsp;2985700 |
| Solventum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, 03/13/2031 | &nbsp;&nbsp;7602000 | &nbsp;&nbsp;&nbsp;&nbsp;7927379 |
| &nbsp;&nbsp;&nbsp;5.600%, 03/23/2034 | &nbsp;&nbsp;2563000 | &nbsp;&nbsp;&nbsp;&nbsp;2668415 |
| UnitedHealth Group, Inc.<br> 5.950%, 06/15/2055 | &nbsp;&nbsp;2527000 | &nbsp;&nbsp;&nbsp;&nbsp;2634643 |
| Universal Health Services, Inc.<br> 2.650%, 10/15/2030 | &nbsp;&nbsp;5928000 | &nbsp;&nbsp;&nbsp;&nbsp;5351874 |
|  |  | 118026502 |
| **Industrials – 2.5%** |  |  |
| AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;3.300%, 01/30/2032 | 14669000 | &nbsp;&nbsp;&nbsp;13508586 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 1-31-31, then 5 Year CMT + 2.441%), 01/31/2056 | &nbsp;&nbsp;2957000 | &nbsp;&nbsp;&nbsp;&nbsp;3050557 |
| Air Canada 2015-2 Class AA Pass Through Trust<br> 3.750%, 12/15/2027 (A) | &nbsp;&nbsp;1362947 | &nbsp;&nbsp;&nbsp;&nbsp;1335546 |
| American Airlines 2016-1 Class A Pass Through Trust<br> 4.100%, 01/15/2028 | &nbsp;&nbsp;5415726 | &nbsp;&nbsp;&nbsp;&nbsp;5279397 |
| American Airlines 2017-1 Class A Pass Through Trust<br> 4.000%, 02/15/2029 | &nbsp;&nbsp;3397914 | &nbsp;&nbsp;&nbsp;&nbsp;3273109 |
| American Airlines 2017-1 Class AA Pass Through Trust<br> 3.650%, 02/15/2029 | &nbsp;&nbsp;2823219 | &nbsp;&nbsp;&nbsp;&nbsp;2742848 |
| American Airlines 2017-2 Class A Pass Through Trust<br> 3.600%, 10/15/2029 | &nbsp;&nbsp;3549827 | &nbsp;&nbsp;&nbsp;&nbsp;3371466 |
| American Airlines 2019-1 Class A Pass Through Trust<br> 3.500%, 02/15/2032 | &nbsp;&nbsp;5517829 | &nbsp;&nbsp;&nbsp;&nbsp;5044354 |
| American Airlines 2019-1 Class AA Pass Through Trust<br> 3.150%, 02/15/2032 | &nbsp;&nbsp;4346913 | &nbsp;&nbsp;&nbsp;&nbsp;4069917 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| American Airlines 2021-1 Class A Pass Through Trust<br> 2.875%, 07/11/2034 | $&nbsp;&nbsp;7313022 | $&nbsp;&nbsp;&nbsp;&nbsp;6620729 |
| American Airlines 2021-1 Class B Pass Through Trust<br> 3.950%, 07/11/2030 | &nbsp;&nbsp;1509640 | &nbsp;&nbsp;&nbsp;&nbsp;1441752 |
| Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 08/11/2032 (A) | &nbsp;&nbsp;6583000 | &nbsp;&nbsp;&nbsp;&nbsp;6812384 |
| &nbsp;&nbsp;&nbsp;5.550%, 05/30/2033 (A) | &nbsp;&nbsp;4798000 | &nbsp;&nbsp;&nbsp;&nbsp;4948871 |
| BAE Systems PLC<br> 5.250%, 03/26/2031 (A) | &nbsp;&nbsp;1257000 | &nbsp;&nbsp;&nbsp;&nbsp;1303463 |
| British Airways 2018-1 Class A Pass Through Trust<br> 4.125%, 09/20/2031 (A) | &nbsp;&nbsp;1187912 | &nbsp;&nbsp;&nbsp;&nbsp;1144494 |
| British Airways 2020-1 Class A Pass Through Trust<br> 4.250%, 11/15/2032 (A) | &nbsp;&nbsp;2126053 | &nbsp;&nbsp;&nbsp;&nbsp;2072200 |
| British Airways 2020-1 Class B Pass Through Trust<br> 8.375%, 11/15/2028 (A) | &nbsp;&nbsp;&nbsp;&nbsp;654580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689807 |
| CIMIC Finance USA Pty, Ltd.<br> 7.000%, 03/25/2034 (A) | &nbsp;&nbsp;2374000 | &nbsp;&nbsp;&nbsp;&nbsp;2585098 |
| DAE Funding LLC<br> 3.375%, 03/20/2028 (A) | &nbsp;&nbsp;6526000 | &nbsp;&nbsp;&nbsp;&nbsp;6306755 |
| Embraer Netherlands Finance BV<br> 7.000%, 07/28/2030 (A) | &nbsp;&nbsp;5200000 | &nbsp;&nbsp;&nbsp;&nbsp;5689606 |
| JetBlue 2019-1 Class AA Pass Through Trust<br> 2.750%, 05/15/2032 | &nbsp;&nbsp;4578268 | &nbsp;&nbsp;&nbsp;&nbsp;4055128 |
| Stanley Black & Decker, Inc.<br> 2.300%, 03/15/2030 | &nbsp;&nbsp;3867000 | &nbsp;&nbsp;&nbsp;&nbsp;3520474 |
| The Boeing Company<br> 6.528%, 05/01/2034 | 14927000 | &nbsp;&nbsp;&nbsp;16501293 |
| United Airlines 2016-1 Class A Pass Through Trust<br> 3.450%, 07/07/2028 (C) | &nbsp;&nbsp;5932468 | &nbsp;&nbsp;&nbsp;&nbsp;5693693 |
| United Airlines 2019-1 Class A Pass Through Trust<br> 4.550%, 08/25/2031 | &nbsp;&nbsp;2046286 | &nbsp;&nbsp;&nbsp;&nbsp;1965641 |
| United Airlines 2020-1 Class A Pass Through Trust<br> 5.875%, 10/15/2027 | &nbsp;&nbsp;5206395 | &nbsp;&nbsp;&nbsp;&nbsp;5351565 |
| United Airlines 2023-1 Class A Pass Through Trust<br> 5.800%, 01/15/2036 | &nbsp;&nbsp;6143614 | &nbsp;&nbsp;&nbsp;&nbsp;6353550 |
| United Airlines 2024-1 Class A Pass Through Trust<br> 5.875%, 02/15/2037 | &nbsp;&nbsp;4253122 | &nbsp;&nbsp;&nbsp;&nbsp;4338608 |
| United Airlines 2024-1 Class AA Pass Through Trust<br> 5.450%, 02/15/2037 | &nbsp;&nbsp;5239885 | &nbsp;&nbsp;&nbsp;&nbsp;5389854 |
| Weir Group, Inc.<br> 5.350%, 05/06/2030 (A) | &nbsp;&nbsp;4112000 | &nbsp;&nbsp;&nbsp;&nbsp;4230200 |
|  |  | 138690945 |
| **Information technology – 2.8%** |  |  |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.419%, 04/15/2033 (A) | 13250000 | &nbsp;&nbsp;&nbsp;12262536 |
| &nbsp;&nbsp;&nbsp;4.550%, 02/15/2032 | &nbsp;&nbsp;2361000 | &nbsp;&nbsp;&nbsp;&nbsp;2377404 |
| &nbsp;&nbsp;&nbsp;4.800%, 02/15/2036 | &nbsp;&nbsp;5154000 | &nbsp;&nbsp;&nbsp;&nbsp;5138276 |
| &nbsp;&nbsp;&nbsp;4.900%, 07/15/2032 | &nbsp;&nbsp;7847000 | &nbsp;&nbsp;&nbsp;&nbsp;8027385 |
| &nbsp;&nbsp;&nbsp;4.900%, 02/15/2038 | &nbsp;&nbsp;5474000 | &nbsp;&nbsp;&nbsp;&nbsp;5444671 |
| CDW LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.100%, 03/01/2030 | &nbsp;&nbsp;1946000 | &nbsp;&nbsp;&nbsp;&nbsp;1980508 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/22/2034 | &nbsp;&nbsp;2595000 | &nbsp;&nbsp;&nbsp;&nbsp;2660798 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Information technology (continued)** |  |  |
| Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 02/15/2031 (B) | $6785000 | $&nbsp;&nbsp;&nbsp;&nbsp;6769315 |
| &nbsp;&nbsp;&nbsp;4.750%, 10/06/2032 (B) | 5580000 | &nbsp;&nbsp;&nbsp;&nbsp;5555055 |
| &nbsp;&nbsp;&nbsp;5.100%, 02/15/2036 (B) | 5580000 | &nbsp;&nbsp;&nbsp;&nbsp;5548876 |
| &nbsp;&nbsp;&nbsp;5.300%, 04/01/2032 | 5643000 | &nbsp;&nbsp;&nbsp;&nbsp;5825634 |
| &nbsp;&nbsp;&nbsp;5.400%, 04/15/2034 | 8556000 | &nbsp;&nbsp;&nbsp;&nbsp;8834219 |
| Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.100%, 01/25/2036 (A) | 5395000 | &nbsp;&nbsp;&nbsp;&nbsp;5731662 |
| &nbsp;&nbsp;&nbsp;6.250%, 01/25/2035 (A) | 7759000 | &nbsp;&nbsp;&nbsp;&nbsp;8305359 |
| Gartner, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 06/15/2029 (A) | 1061000 | &nbsp;&nbsp;&nbsp;&nbsp;1016604 |
| &nbsp;&nbsp;&nbsp;3.750%, 10/01/2030 (A) | 2532000 | &nbsp;&nbsp;&nbsp;&nbsp;2391066 |
| Marvell Technology, Inc.<br> 5.950%, 09/15/2033 | 7786000 | &nbsp;&nbsp;&nbsp;&nbsp;8353679 |
| Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.703%, 04/15/2032 | 2913000 | &nbsp;&nbsp;&nbsp;&nbsp;2592276 |
| &nbsp;&nbsp;&nbsp;5.300%, 01/15/2031 | 4201000 | &nbsp;&nbsp;&nbsp;&nbsp;4347170 |
| &nbsp;&nbsp;&nbsp;5.650%, 11/01/2032 | 4233000 | &nbsp;&nbsp;&nbsp;&nbsp;4442240 |
| &nbsp;&nbsp;&nbsp;5.800%, 01/15/2035 | 3463000 | &nbsp;&nbsp;&nbsp;&nbsp;3643207 |
| Motorola Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 11/15/2030 | 7547000 | &nbsp;&nbsp;&nbsp;&nbsp;6821879 |
| &nbsp;&nbsp;&nbsp;2.750%, 05/24/2031 | 7931000 | &nbsp;&nbsp;&nbsp;&nbsp;7239872 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.800%, 09/26/2032 | 3233000 | &nbsp;&nbsp;&nbsp;&nbsp;3236888 |
| &nbsp;&nbsp;&nbsp;5.200%, 09/26/2035 | 3771000 | &nbsp;&nbsp;&nbsp;&nbsp;3791765 |
| &nbsp;&nbsp;&nbsp;5.250%, 02/03/2032 | 4016000 | &nbsp;&nbsp;&nbsp;&nbsp;4140282 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/06/2053 | 8248000 | &nbsp;&nbsp;&nbsp;&nbsp;7804460 |
| Qorvo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 04/01/2031 (A) | 4008000 | &nbsp;&nbsp;&nbsp;&nbsp;3682479 |
| &nbsp;&nbsp;&nbsp;4.375%, 10/15/2029 | 3050000 | &nbsp;&nbsp;&nbsp;&nbsp;2989706 |
| TD SYNNEX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.650%, 08/09/2031 | 2185000 | &nbsp;&nbsp;&nbsp;&nbsp;1960270 |
| &nbsp;&nbsp;&nbsp;6.100%, 04/12/2034 | 1669000 | &nbsp;&nbsp;&nbsp;&nbsp;1774341 |
| VMware LLC<br> 4.700%, 05/15/2030 | 5569000 | &nbsp;&nbsp;&nbsp;&nbsp;5637855 |
|  |  | 160327737 |
| **Materials – 0.2%** |  |  |
| Cemex SAB de CV<br> 3.875%, 07/11/2031 (A) | 5190000 | &nbsp;&nbsp;&nbsp;&nbsp;4925564 |
| Freeport-McMoRan, Inc.<br> 5.400%, 11/14/2034 | 4054000 | &nbsp;&nbsp;&nbsp;&nbsp;4154942 |
| JH North America Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 01/31/2031 (A) | 1058000 | &nbsp;&nbsp;&nbsp;&nbsp;1074203 |
| &nbsp;&nbsp;&nbsp;6.125%, 07/31/2032 (A) | 1588000 | &nbsp;&nbsp;&nbsp;&nbsp;1626547 |
|  |  | &nbsp;&nbsp;&nbsp;11781256 |
| **Real estate – 1.0%** |  |  |
| American Homes 4 Rent LP<br> 4.950%, 06/15/2030 | 4991000 | &nbsp;&nbsp;&nbsp;&nbsp;5081944 |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.200%, 02/15/2029 | 4881000 | &nbsp;&nbsp;&nbsp;&nbsp;5022489 |
| &nbsp;&nbsp;&nbsp;5.550%, 07/15/2033 | 4181000 | &nbsp;&nbsp;&nbsp;&nbsp;4376786 |
| &nbsp;&nbsp;&nbsp;5.650%, 03/15/2033 | 4181000 | &nbsp;&nbsp;&nbsp;&nbsp;4410124 |
| CoStar Group, Inc.<br> 2.800%, 07/15/2030 (A) | 7216000 | &nbsp;&nbsp;&nbsp;&nbsp;6606094 |
| GLP Capital LP |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/15/2032 | 1916000 | &nbsp;&nbsp;&nbsp;&nbsp;1723771 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/15/2030 | 2026000 | &nbsp;&nbsp;&nbsp;&nbsp;1962038 |
| Prologis Targeted U.S. Logistics Fund LP<br> 5.250%, 01/15/2035 (A) | 6686000 | &nbsp;&nbsp;&nbsp;&nbsp;6838065 |
| Regency Centers LP<br> 5.000%, 07/15/2032 | 5222000 | &nbsp;&nbsp;&nbsp;&nbsp;5342275 |
| VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 11/15/2031 | 5875000 | &nbsp;&nbsp;&nbsp;&nbsp;5960895 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Real estate (continued)** |  |  |
| VICI Properties LP (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2032 | $10005000 | $10103474 |
|  |  | 57427955 |
| **Utilities – 3.2%** |  |  |
| American Electric Power Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 03/01/2033 | &nbsp;&nbsp;1903000 | &nbsp;&nbsp;&nbsp;2000423 |
| &nbsp;&nbsp;&nbsp;6.050%, (6.050% to 3-15-36, then 5 Year CMT + 1.940%), 03/15/2056 | &nbsp;&nbsp;1307000 | &nbsp;&nbsp;&nbsp;1308838 |
| Atlantica Transmision Sur SA<br> 6.875%, 04/30/2043 (A) | &nbsp;&nbsp;1931276 | &nbsp;&nbsp;&nbsp;2073233 |
| Capital Power US Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.257%, 06/01/2028 (A) | &nbsp;&nbsp;2149000 | &nbsp;&nbsp;&nbsp;2189833 |
| &nbsp;&nbsp;&nbsp;6.189%, 06/01/2035 (A) | &nbsp;&nbsp;3631000 | &nbsp;&nbsp;&nbsp;3808826 |
| CenterPoint Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.950%, (5.950% to 4-1-31, then 5 Year CMT + 2.223%), 04/01/2056 | &nbsp;&nbsp;3275000 | &nbsp;&nbsp;&nbsp;3275000 |
| &nbsp;&nbsp;&nbsp;6.850%, (6.850% to 2-15-35, then 5 Year CMT + 2.946%), 02/15/2055 | &nbsp;&nbsp;4990000 | &nbsp;&nbsp;&nbsp;5292913 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 2-15-30, then 5 Year CMT + 3.254%), 02/15/2055 | &nbsp;&nbsp;5018000 | &nbsp;&nbsp;&nbsp;5228957 |
| Constellation Energy Generation LLC<br> 6.500%, 10/01/2053 | &nbsp;&nbsp;3014000 | &nbsp;&nbsp;&nbsp;3358894 |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.000%, (6.000% to 2-15-31, then 5 Year CMT + 2.262%), 02/15/2056 | &nbsp;&nbsp;4397000 | &nbsp;&nbsp;&nbsp;4428457 |
| &nbsp;&nbsp;&nbsp;6.200%, (6.200% to 2-15-36, then 5 Year CMT + 2.006%), 02/15/2056 | &nbsp;&nbsp;5422000 | &nbsp;&nbsp;&nbsp;5457480 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 2-1-30, then 5 Year CMT + 2.386%), 02/01/2055 | &nbsp;&nbsp;3886000 | &nbsp;&nbsp;&nbsp;4067376 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 6-1-34, then 5 Year CMT + 2.511%), 06/01/2054 | &nbsp;&nbsp;2015000 | &nbsp;&nbsp;&nbsp;2184838 |
| Duke Energy Carolinas LLC<br> 4.950%, 01/15/2033 | &nbsp;&nbsp;4993000 | &nbsp;&nbsp;&nbsp;5133307 |
| Duke Energy Corp.<br> 5.750%, 09/15/2033 | &nbsp;&nbsp;6099000 | &nbsp;&nbsp;&nbsp;6478123 |
| Electricite de France SA<br> 5.650%, 04/22/2029 (A) | &nbsp;&nbsp;7718000 | &nbsp;&nbsp;&nbsp;8048323 |
| Eversource Energy<br> 5.125%, 05/15/2033 | &nbsp;&nbsp;5079000 | &nbsp;&nbsp;&nbsp;5149733 |
| Exelon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 03/15/2031 | &nbsp;&nbsp;2378000 | &nbsp;&nbsp;&nbsp;2451814 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 3-15-35, then 5 Year CMT + 1.975%), 03/15/2055 | &nbsp;&nbsp;1370000 | &nbsp;&nbsp;&nbsp;1431921 |
| Georgia Power Company<br> 4.950%, 05/17/2033 | &nbsp;&nbsp;3179000 | &nbsp;&nbsp;&nbsp;3242876 |
| Indianapolis Power & Light Company<br> 5.650%, 12/01/2032 (A) | &nbsp;&nbsp;8098000 | &nbsp;&nbsp;&nbsp;8481297 |
| National Grid PLC<br> 5.809%, 06/12/2033 | &nbsp;&nbsp;7098000 | &nbsp;&nbsp;&nbsp;7566843 |
| NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 06/01/2030 | 12135000 | 11079525 |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% to 8-15-30, then 5 Year CMT + 2.053%), 08/15/2055 | &nbsp;&nbsp;3173000 | &nbsp;&nbsp;&nbsp;3294719 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 8-15-35, then 5 Year CMT + 1.979%), 08/15/2055 | &nbsp;&nbsp;1142000 | &nbsp;&nbsp;&nbsp;1209682 |
| &nbsp;&nbsp;&nbsp;6.700%, (6.700% to 9-1-29, then 5 Year CMT + 2.364%), 09/01/2054 | &nbsp;&nbsp;2781000 | &nbsp;&nbsp;&nbsp;2876925 |
| NiSource, Inc.<br> 3.600%, 05/01/2030 | &nbsp;&nbsp;3695000 | &nbsp;&nbsp;&nbsp;3578076 |
| NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.450%, 06/15/2029 (A) | &nbsp;&nbsp;4211000 | &nbsp;&nbsp;&nbsp;4175585 |
| &nbsp;&nbsp;&nbsp;5.407%, 10/15/2035 (A) | &nbsp;&nbsp;2188000 | &nbsp;&nbsp;&nbsp;2195441 |
| &nbsp;&nbsp;&nbsp;7.000%, 03/15/2033 (A) | &nbsp;&nbsp;5799000 | &nbsp;&nbsp;&nbsp;6411943 |
| Pacific Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 07/01/2050 | &nbsp;&nbsp;2999000 | &nbsp;&nbsp;&nbsp;2574002 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| Pacific Gas &<br> Electric Company (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.800%, 05/15/2034 | 4575000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740449 |
| Sempra |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 08/01/2033 | 5256000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5478282 |
| &nbsp;&nbsp;&nbsp;6.400%, (6.400% to 10-1-34, then 5 Year CMT + 2.632%), 10/01/2054 | 4971000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5079318 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 10-1-29, then 5 Year CMT + 2.789%), 10/01/2054 | 3793000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3930193 |
| The Southern Company |  |  |
| &nbsp;&nbsp;&nbsp;5.200%, 06/15/2033 | 2123000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2182561 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/15/2034 | 4792000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5061090 |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% to 3-15-35, then 5 Year CMT + 2.069%), 03/15/2055 | 5146000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5483588 |
| Vistra Operations Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 07/15/2029 (A) | 8669000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8602369 |
| &nbsp;&nbsp;&nbsp;6.000%, 04/15/2034 (A) | 6393000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6740185 |
| &nbsp;&nbsp;&nbsp;6.950%, 10/15/2033 (A) | 4932000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500857 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;182854095 |
| TOTAL CORPORATE BONDS (Cost $1,739,869,136) |  | $1767121167 |
| **MUNICIPAL BONDS – 0.4%** |  |  |
| Foothill-Eastern Transportation Corridor Agency (California)<br> 4.094%, 01/15/2049 | 5178000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4164399 |
| Golden State Tobacco Securitization Corp. (California)<br> 4.214%, 06/01/2050 | 4967000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3681026 |
| Maryland Health & Higher Educational Facilities Authority<br> 3.197%, 07/01/2050 | 8929000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6113376 |
| Ohio Turnpike & Infrastructure Commission<br> 3.216%, 02/15/2048 | 2540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887877 |
| Regents of the University of California Medical Center<br> 3.006%, 05/15/2050 | 8900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5887925 |
| TOTAL MUNICIPAL BONDS (Cost $30,629,080) | TOTAL MUNICIPAL BONDS (Cost $30,629,080) | $&nbsp;&nbsp;&nbsp;&nbsp;21734603 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 5.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 5.0%** |  |
| **Commercial and residential – 3.9%** |  |  |
| Angel Oak Mortgage Trust LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-R1, Class A1,<br> 0.990%, 04/25/2053 (A)(E) | 1213861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153130 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 1.035%, 01/20/2065 (A)(E) | 4223521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3565813 |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 0.951%, 07/25/2066 (A)(E) | 3431646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2998618 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter),<br> 4.800%, 11/26/2068 (A) | 3936304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3915223 |
| &nbsp;&nbsp;&nbsp;Series 2024-5, Class A1 (4.950% to 4-1-28, then 5.950% thereafter),<br> 4.950%, 07/25/2068 (A) | 6387746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6360575 |
| Arroyo Mortgage Trust<br> Series 2021-1R, Class A1<br> 1.175%, 10/25/2048 (A)(E) | 1798642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1627140 |
| Avenue of Americas |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1301, Class A,<br> 5.227%, 08/11/2042 (A)(E) | 4234000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4288489 |
| &nbsp;&nbsp;&nbsp;Series 2025-1301, Class B,<br> 5.478%, 08/11/2042 (A)(E) | 1884000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1908882 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| BAHA Trust<br> Series 2024-MAR, Class A<br> 6.171%, 12/10/2041 (A)(E) | $&nbsp;&nbsp;5739000 | $&nbsp;&nbsp;&nbsp;5934451 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-C6, Class A2,<br> 2.690%, 02/15/2053 | &nbsp;&nbsp;1415955 | &nbsp;&nbsp;&nbsp;1333206 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C29, Class A3,<br> 5.208%, 09/15/2057 | &nbsp;&nbsp;7135000 | &nbsp;&nbsp;&nbsp;7324642 |
| &nbsp;&nbsp;&nbsp;Series 2024-5C31, Class A3,<br> 5.609%, 12/15/2057 | &nbsp;&nbsp;1692000 | &nbsp;&nbsp;&nbsp;1765255 |
| Benchmark Mortgage Trust<br> Series 2024-V12, Class A3<br> 5.738%, 12/15/2057 | &nbsp;&nbsp;5560000 | &nbsp;&nbsp;&nbsp;5824811 |
| BMO Mortgage Trust<br> Series 2024-5C8, Class A3<br> 5.625%, 12/15/2057 (E) | &nbsp;&nbsp;1751000 | &nbsp;&nbsp;&nbsp;1824788 |
| BRAVO Residential Funding Trust<br> Series 2021-NQM1, Class A1<br> 0.941%, 02/25/2049 (A)(E) | &nbsp;&nbsp;1615506 | &nbsp;&nbsp;&nbsp;1515691 |
| BX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-OC11, Class A,<br> 3.202%, 12/09/2041 (A) | &nbsp;&nbsp;2429000 | &nbsp;&nbsp;&nbsp;2295376 |
| &nbsp;&nbsp;&nbsp;Series 2021-MFM1, Class D (1 month CME Term SOFR + 1.614%),<br> 5.764%, 01/15/2034 (A)(F) | &nbsp;&nbsp;1344000 | &nbsp;&nbsp;&nbsp;1344000 |
| &nbsp;&nbsp;&nbsp;Series 2022-CLS, Class A,<br> 5.760%, 10/13/2027 (A) | &nbsp;&nbsp;3485000 | &nbsp;&nbsp;&nbsp;3510576 |
| BXHPP Trust<br> Series 2021-FILM, Class C (1 month CME Term SOFR + 1.214%)<br> 5.364%, 08/15/2036 (A)(F) | 11543000 | 10545122 |
| Cantor Commercial Real Estate Lending<br> Series 2019-CF1, Class A2<br> 3.623%, 05/15/2052 | &nbsp;&nbsp;5705649 | &nbsp;&nbsp;&nbsp;5564243 |
| CENT Trust<br> Series 2025-CITY, Class A<br> 5.091%, 07/10/2040 (A)(E) | &nbsp;&nbsp;2769000 | &nbsp;&nbsp;&nbsp;2800318 |
| Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-GC46, Class A2,<br> 2.708%, 02/15/2053 | &nbsp;&nbsp;2381317 | &nbsp;&nbsp;&nbsp;2344623 |
| &nbsp;&nbsp;&nbsp;Series 2023-SMRT, Class A,<br> 6.015%, 10/12/2040 (A)(E) | &nbsp;&nbsp;4564000 | &nbsp;&nbsp;&nbsp;4704087 |
| COLT Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1,<br> 0.956%, 09/27/2066 (A)(E) | &nbsp;&nbsp;2538318 | &nbsp;&nbsp;&nbsp;2132014 |
| &nbsp;&nbsp;&nbsp;Series 2021-HX1, Class A1,<br> 1.110%, 10/25/2066 (A)(E) | &nbsp;&nbsp;2520766 | &nbsp;&nbsp;&nbsp;2183318 |
| &nbsp;&nbsp;&nbsp;Series 2025-6, Class A1 (5.529% to 7-1-29, then 6.529% thereafter),<br> 5.529%, 08/25/2070 (A) | &nbsp;&nbsp;2272860 | &nbsp;&nbsp;&nbsp;2293259 |
| COLT Trust<br> Series 2020-RPL1, Class A1<br> 1.390%, 01/25/2065 (A)(E) | &nbsp;&nbsp;5975587 | &nbsp;&nbsp;&nbsp;5188643 |
| Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)<br> Series 2020-CX, Class D<br> 2.773%, 11/10/2046 (A)(E) | &nbsp;&nbsp;2811000 | &nbsp;&nbsp;&nbsp;2307924 |
| Credit Suisse Mortgage<br> Capital Certificates |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-AFC1, Class A1,<br> 0.830%, 03/25/2056 (A)(E) | &nbsp;&nbsp;&nbsp;&nbsp;284121 | &nbsp;&nbsp;&nbsp;&nbsp;234495 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.179%, 02/25/2066 (A)(E) | &nbsp;&nbsp;1045995 | &nbsp;&nbsp;&nbsp;&nbsp;938662 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Credit Suisse Mortgage<br> Capital Certificates (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.015%, 04/25/2066 (A)(E) | $1615031 | $1397129 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM6, Class A1,<br> 1.174%, 07/25/2066 (A)(E) | 3755721 | 3221015 |
| &nbsp;&nbsp;&nbsp;Series 2021-RPL2, Class A1A,<br> 1.115%, 01/25/2060 (A)(E) | 5548803 | 4720065 |
| DBJPM Mortgage Trust<br> Series 2020-C9, Class A2<br> 1.900%, 08/15/2053 | &nbsp;&nbsp;317544 | &nbsp;&nbsp;&nbsp;&nbsp;316950 |
| Deephaven Residential Mortgage Trust<br> Series 2021-2, Class A1<br> 0.899%, 04/25/2066 (A)(E) | 2927563 | 2601084 |
| Ellington Financial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 0.797%, 02/25/2066 (A)(E) | &nbsp;&nbsp;494058 | &nbsp;&nbsp;&nbsp;&nbsp;432402 |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.931%, 06/25/2066 (A)(E) | 1650387 | 1387968 |
| Flagstar Mortgage Trust<br> Series 2021-1, Class A2<br> 2.500%, 02/01/2051 (A)(E) | 6304164 | 5219158 |
| GCAT Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 0.874%, 01/25/2066 (A)(E) | 1132209 | 1012798 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.036%, 05/25/2066 (A)(E) | 1306972 | 1125903 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.091%, 05/25/2066 (A)(E) | 2611113 | 2267962 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM5, Class A1,<br> 4.981%, 08/25/2070 (A)(E) | 2658000 | 2656693 |
| GS Mortgage-Backed Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-NQM1, Class A1,<br> 1.382%, 09/27/2060 (A)(E) | &nbsp;&nbsp;603016 | &nbsp;&nbsp;&nbsp;&nbsp;571731 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM1, Class A1,<br> 1.017%, 07/25/2061 (A)(E) | 1603748 | 1449749 |
| Hudson Yards Mortgage Trust<br> Series 2025-SPRL, Class A<br> 5.649%, 01/13/2040 (A)(E) | 4732000 | 4890036 |
| Imperial Fund Mortgage Trust<br> Series 2021-NQM1, Class A1<br> 1.071%, 06/25/2056 (A)(E) | 2122890 | 1862305 |
| MFA Trust<br> Series 2021-NQM1, Class A1<br> 1.153%, 04/25/2065 (A)(E) | 1293588 | 1218513 |
| New Residential Mortgage Loan Trust<br> Series 2020-1A, Class A1B<br> 3.500%, 10/25/2059 (A)(E) | 1810539 | 1706412 |
| NMLT Trust<br> Series 2021-INV1, Class A1<br> 1.185%, 05/25/2056 (A)(E) | 4130130 | 3643972 |
| NXPT Commercial Mortgage Trust<br> Series 2024-STOR, Class A<br> 4.455%, 11/05/2041 (A)(E) | 2963000 | 2931115 |
| NYMT Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-CP1, Class A1,<br> 2.042%, 07/25/2061 (A) | 1185488 | 1118656 |
| &nbsp;&nbsp;&nbsp;Series 2025-INV2, Class A1,<br> 5.000%, 10/25/2060 (A) | 4066000 | 4063463 |
| OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-EXP2, Class A3,<br> 2.500%, 05/25/2060 (A)(E) | 1575414 | 1318801 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| OBX Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM2, Class A1,<br> 1.101%, 05/25/2061 (A)(E) | $3030807 | $2515686 |
| &nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1,<br> 1.054%, 07/25/2061 (A)(E) | 2775768 | 2286176 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM14, Class A1 (5.162% to 7-1-29, then 6.162% thereafter),<br> 5.162%, 07/25/2065 (A) | 2043829 | 2057570 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM18, Class A1,<br> 5.057%, 09/25/2065 (A)(E) | 1695000 | 1695067 |
| Provident Funding Mortgage Trust<br> Series 2020-F1, Class A2<br> 2.000%, 01/25/2036 (A)(E) | 3649374 | 3260632 |
| ROCK Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class A,<br> 5.388%, 11/13/2041 (A) | 4734000 | 4877515 |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class D,<br> 7.109%, 11/13/2041 (A) | 5978000 | 6235811 |
| SLG Office Trust<br> Series 2021-OVA, Class C<br> 2.851%, 07/15/2041 (A) | 8579000 | 7588292 |
| Starwood Mortgage Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class A1,<br> 0.943%, 05/25/2065 (A)(E) | 1018025 | &nbsp;&nbsp;&nbsp;&nbsp;960418 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A1,<br> 2.447%, 12/25/2066 (A)(E) | 4349674 | 3927864 |
| Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-4, Class A1,<br> 3.000%, 06/25/2058 (A)(E) | 1810774 | 1720720 |
| &nbsp;&nbsp;&nbsp;Series 2019-4, Class A1,<br> 2.900%, 10/25/2059 (A)(E) | 2072498 | 1991639 |
| &nbsp;&nbsp;&nbsp;Series 2020-4, Class A1,<br> 1.750%, 10/25/2060 (A) | 2885046 | 2628276 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A1,<br> 4.876%, 03/25/2064 (A)(E) | 5341058 | 5426259 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A1A,<br> 5.043%, 07/25/2065 (A)(E) | 3036628 | 3070491 |
| &nbsp;&nbsp;&nbsp;Series 2024-4, Class A1A,<br> 4.541%, 10/27/2064 (A)(E) | 2103240 | 2107027 |
| VDCM Commercial Mortgage Trust<br> Series 2025-AZ, Class A<br> 5.229%, 07/13/2044 (A)(E) | 3228000 | 3260543 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1,<br> 0.815%, 01/25/2066 (A)(E) | 1901276 | 1709678 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class A1,<br> 1.046%, 06/25/2066 (A)(E) | 2482002 | 2183085 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A1,<br> 0.938%, 07/25/2066 (A)(E) | 1090711 | &nbsp;&nbsp;&nbsp;&nbsp;927189 |
| &nbsp;&nbsp;&nbsp;Series 2021-5, Class A1,<br> 1.013%, 09/25/2066 (A)(E) | 2179109 | 1897595 |
| &nbsp;&nbsp;&nbsp;Series 2021-R2, Class A1,<br> 0.918%, 02/25/2064 (A)(E) | 1676496 | 1564229 |
| Visio Trust<br> Series 2020-1R, Class A1<br> 1.312%, 11/25/2055 (A) | &nbsp;&nbsp;914190 | &nbsp;&nbsp;&nbsp;&nbsp;882914 |
| Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-5C4, Class A3,<br> 5.673%, 05/15/2058 | 3175000 | 3327192 |
| &nbsp;&nbsp;&nbsp;Series 2025-5C6, Class A3,<br> 5.186%, 10/15/2058 (B) | 3719000 | 3826390 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| WHARF Commercial Mortgage Trust<br> Series 2025-DC, Class A<br> 5.528%, 07/15/2040 (A)(E) | $&nbsp;&nbsp;2231000 | $&nbsp;&nbsp;&nbsp;&nbsp;2288049 |
|  |  | 225077561 |
| **U.S. Government Agency – 1.1%** |  |  |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-114, Class IO,<br> 0.609%, 01/16/2053 | &nbsp;&nbsp;9754959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145497 |
| &nbsp;&nbsp;&nbsp;Series 2016-174, Class IO,<br> 0.726%, 11/16/2056 | &nbsp;&nbsp;7556488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236622 |
| &nbsp;&nbsp;&nbsp;Series 2017-109, Class IO,<br> 0.225%, 04/16/2057 | &nbsp;&nbsp;8605008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92666 |
| &nbsp;&nbsp;&nbsp;Series 2017-124, Class IO,<br> 0.625%, 01/16/2059 | 11408341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397218 |
| &nbsp;&nbsp;&nbsp;Series 2017-135, Class IO,<br> 0.695%, 10/16/2058 | 33492863 | &nbsp;&nbsp;&nbsp;&nbsp;1077452 |
| &nbsp;&nbsp;&nbsp;Series 2017-140, Class IO,<br> 0.485%, 02/16/2059 | 17939666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481725 |
| &nbsp;&nbsp;&nbsp;Series 2017-159, Class IO,<br> 0.430%, 06/16/2059 | 25461057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643709 |
| &nbsp;&nbsp;&nbsp;Series 2017-20, Class IO,<br> 0.490%, 12/16/2058 | 22016377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458082 |
| &nbsp;&nbsp;&nbsp;Series 2017-22, Class IO,<br> 0.773%, 12/16/2057 | 11060037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403263 |
| &nbsp;&nbsp;&nbsp;Series 2017-41, Class IO,<br> 0.498%, 07/16/2058 | &nbsp;&nbsp;6096150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145324 |
| &nbsp;&nbsp;&nbsp;Series 2017-46, Class IO,<br> 0.648%, 11/16/2057 | 12003743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449522 |
| &nbsp;&nbsp;&nbsp;Series 2017-61, Class IO,<br> 0.688%, 05/16/2059 | 13445398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467913 |
| &nbsp;&nbsp;&nbsp;Series 2018-158, Class IO,<br> 0.797%, 05/16/2061 | 19272558 | &nbsp;&nbsp;&nbsp;&nbsp;1149822 |
| &nbsp;&nbsp;&nbsp;Series 2018-69, Class IO,<br> 0.609%, 04/16/2060 | 20325666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918836 |
| &nbsp;&nbsp;&nbsp;Series 2019-131, Class IO,<br> 0.803%, 07/16/2061 | 25800837 | &nbsp;&nbsp;&nbsp;&nbsp;1474714 |
| &nbsp;&nbsp;&nbsp;Series 2020-100, Class IO,<br> 0.786%, 05/16/2062 | 27381789 | &nbsp;&nbsp;&nbsp;&nbsp;1645706 |
| &nbsp;&nbsp;&nbsp;Series 2020-108, Class IO,<br> 0.847%, 06/16/2062 | 66014284 | &nbsp;&nbsp;&nbsp;&nbsp;3811790 |
| &nbsp;&nbsp;&nbsp;Series 2020-114, Class IO,<br> 0.798%, 09/16/2062 | 63377931 | &nbsp;&nbsp;&nbsp;&nbsp;3408763 |
| &nbsp;&nbsp;&nbsp;Series 2020-118, Class IO,<br> 0.884%, 06/16/2062 | 47722533 | &nbsp;&nbsp;&nbsp;&nbsp;2988323 |
| &nbsp;&nbsp;&nbsp;Series 2020-119, Class IO,<br> 0.607%, 08/16/2062 | 26270703 | &nbsp;&nbsp;&nbsp;&nbsp;1216286 |
| &nbsp;&nbsp;&nbsp;Series 2020-120, Class IO,<br> 0.758%, 05/16/2062 | 14505978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849374 |
| &nbsp;&nbsp;&nbsp;Series 2020-137, Class IO,<br> 0.798%, 09/16/2062 | 84681124 | &nbsp;&nbsp;&nbsp;&nbsp;4900725 |
| &nbsp;&nbsp;&nbsp;Series 2020-150, Class IO,<br> 0.966%, 12/16/2062 | 42858787 | &nbsp;&nbsp;&nbsp;&nbsp;3009741 |
| &nbsp;&nbsp;&nbsp;Series 2020-170, Class IO,<br> 0.836%, 11/16/2062 | 55591353 | &nbsp;&nbsp;&nbsp;&nbsp;3597494 |
| &nbsp;&nbsp;&nbsp;Series 2020-92, Class IO,<br> 0.881%, 02/16/2062 | 62941882 | &nbsp;&nbsp;&nbsp;&nbsp;3607577 |
| &nbsp;&nbsp;&nbsp;Series 2021-10, Class IO,<br> 0.987%, 05/16/2063 | 40042153 | &nbsp;&nbsp;&nbsp;&nbsp;2970579 |
| &nbsp;&nbsp;&nbsp;Series 2021-11, Class IO,<br> 1.021%, 12/16/2062 | 62087739 | &nbsp;&nbsp;&nbsp;&nbsp;4554800 |
| &nbsp;&nbsp;&nbsp;Series 2021-203, Class IO,<br> 0.870%, 07/16/2063 | 52725616 | &nbsp;&nbsp;&nbsp;&nbsp;3429559 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class IO,<br> 0.870%, 09/16/2062 | 72963656 | $&nbsp;&nbsp;&nbsp;&nbsp;4665865 |
| &nbsp;&nbsp;&nbsp;Series 2021-40, Class IO,<br> 0.822%, 02/16/2063 | 18884728 | &nbsp;&nbsp;&nbsp;&nbsp;1163552 |
| &nbsp;&nbsp;&nbsp;Series 2022-181, Class IO,<br> 0.720%, 07/16/2064 | 20005888 | &nbsp;&nbsp;&nbsp;&nbsp;1210950 |
| &nbsp;&nbsp;&nbsp;Series 2022-21, Class IO,<br> 0.785%, 10/16/2063 | 18124177 | &nbsp;&nbsp;&nbsp;&nbsp;1001122 |
| &nbsp;&nbsp;&nbsp;Series 2023-197, Class IO,<br> 1.241%, 09/16/2065 | 13076771 | &nbsp;&nbsp;&nbsp;&nbsp;1101981 |
| &nbsp;&nbsp;&nbsp;Series 2025-128, Class IO,<br> 0.926%, 09/16/2067 | 43529909 | &nbsp;&nbsp;&nbsp;&nbsp;3595893 |
|  |  | &nbsp;&nbsp;&nbsp;61272445 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $358,660,664) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $358,660,664) | $286350006 |
| **ASSET-BACKED SECURITIES – 7.4%** | **ASSET-BACKED SECURITIES – 7.4%** |  |
| ABPCI Direct Lending Fund I, Ltd.<br> Series 2020-1A, Class A<br> 3.199%, 12/29/2030 (A) | &nbsp;&nbsp;3695659 | &nbsp;&nbsp;&nbsp;&nbsp;3652980 |
| Aligned Data Centers Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 1.937%, 08/15/2046 (A) | &nbsp;&nbsp;1331000 | &nbsp;&nbsp;&nbsp;&nbsp;1299159 |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class A2<br> 6.500%, 11/16/2048 (A) | &nbsp;&nbsp;4198000 | &nbsp;&nbsp;&nbsp;&nbsp;4276546 |
| AMSR Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class B<br> 2.153%, 06/17/2038 (A) | &nbsp;&nbsp;4329000 | &nbsp;&nbsp;&nbsp;&nbsp;4047465 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A<br> 3.655%, 06/17/2042 (A) | &nbsp;&nbsp;1763000 | &nbsp;&nbsp;&nbsp;&nbsp;1694950 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR2, Class A<br> 4.275%, 11/17/2030 (A) | &nbsp;&nbsp;4066000 | &nbsp;&nbsp;&nbsp;&nbsp;4006610 |
| Aqua Finance Trust<br> Series 2021-A, Class A<br> 1.540%, 07/17/2046 (A) | &nbsp;&nbsp;1175698 | &nbsp;&nbsp;&nbsp;&nbsp;1089746 |
| Arby's Funding LLC<br> Series 2020-1A, Class A2<br> 3.237%, 07/30/2050 (A) | &nbsp;&nbsp;7477450 | &nbsp;&nbsp;&nbsp;&nbsp;7220715 |
| Avis Budget Rental Car Funding AESOP LLC<br> Series 2024-1A, Class A<br> 5.360%, 06/20/2030 (A) | &nbsp;&nbsp;2829000 | &nbsp;&nbsp;&nbsp;&nbsp;2925861 |
| Beacon Container Finance II LLC<br> Series 2021-1A, Class A<br> 2.250%, 10/22/2046 (A) | &nbsp;&nbsp;6278609 | &nbsp;&nbsp;&nbsp;&nbsp;5843340 |
| Capital Automotive REIT |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A1<br> 4.900%, 05/15/2054 (A) | &nbsp;&nbsp;1198480 | &nbsp;&nbsp;&nbsp;&nbsp;1197218 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class A1<br> 4.400%, 10/15/2054 (A) | &nbsp;&nbsp;3980160 | &nbsp;&nbsp;&nbsp;&nbsp;3876810 |
| CARS-DB7 LP<br> Series 2023-1A, Class A1<br> 5.750%, 09/15/2053 (A) | &nbsp;&nbsp;7366875 | &nbsp;&nbsp;&nbsp;&nbsp;7426786 |
| CARS-DB8 LP<br> Series 2024-2A, Class A2<br> 5.250%, 05/15/2054 (A) | &nbsp;&nbsp;1891933 | &nbsp;&nbsp;&nbsp;&nbsp;1883608 |
| CF Hippolyta Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class A1<br> 1.690%, 07/15/2060 (A) | &nbsp;&nbsp;5890123 | &nbsp;&nbsp;&nbsp;&nbsp;5059280 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A1<br> 1.530%, 03/15/2061 (A) | &nbsp;&nbsp;5574120 | &nbsp;&nbsp;&nbsp;&nbsp;4640562 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| CLI Funding IX LLC<br> Series 2025-1A, Class A<br> 5.350%, 06/20/2050 (A) | $3438330 | $3485460 |
| CLI Funding VI LLC<br> Series 2020-1A, Class A<br> 2.080%, 09/18/2045 (A) | 5393694 | 5047436 |
| CLI Funding VIII LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A<br> 1.640%, 02/18/2046 (A) | 3626753 | 3351065 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A<br> 2.720%, 01/18/2047 (A) | 2580999 | 2385930 |
| Cloud Capital Holdco LP<br> Series 2024-2A, Class A2<br> 5.923%, 11/22/2049 (A) | 3609000 | 3683398 |
| Compass Datacenters Issuer II LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A1<br> 5.250%, 02/25/2049 (A) | 4135000 | 4165625 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A1<br> 5.316%, 05/25/2050 (A) | 3200000 | 3240009 |
| Compass Datacenters Issuer III LLC<br> Series 2025-2A, Class A2<br> 5.835%, 02/25/2050 (A) | 1873000 | 1923982 |
| Concord Music Royalties LLC<br> Series 2025-2A, Class A<br> 5.785%, 07/20/2075 (A) | 3049000 | 3085598 |
| Consolidated Communications LLC<br> Series 2025-1A, Class A2<br> 6.000%, 05/20/2055 (A) | 3904000 | 4000924 |
| CyrusOne Data Centers Issuer I LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2<br> 4.300%, 04/20/2048 (A) | 6638000 | 6516906 |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2<br> 4.500%, 05/20/2049 (A) | 6239000 | 6134495 |
| DataBank Issuer |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.060%, 02/27/2051 (A) | 8989000 | 8880139 |
| &nbsp;&nbsp;&nbsp;Series 2021-2A, Class A2<br> 2.400%, 10/25/2051 (A) | 6603000 | 6413033 |
| DB Master Finance LLC<br> Series 2017-1A, Class A2II<br> 4.030%, 11/20/2047 (A) | 2717650 | 2686558 |
| Diamond Infrastructure Funding LLC<br> Series 2021-1A, Class A<br> 1.760%, 04/15/2049 (A) | 6287000 | 6029586 |
| Domino's Pizza Master Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2<br> 3.668%, 10/25/2049 (A) | 2664000 | 2562505 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.662%, 04/25/2051 (A) | 5659950 | 5350676 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2I<br> 4.930%, 07/25/2055 (A) | 2304000 | 2317275 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II<br> 5.217%, 07/25/2055 (A) | 2678000 | 2699165 |
| Driven Brands Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2A, Class A2<br> 3.237%, 01/20/2051 (A) | 5255198 | 5077351 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.791%, 10/20/2051 (A) | 6259988 | 5900165 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 6.372%, 10/20/2054 (A) | 7171560 | 7423659 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.296%, 10/20/2055 (A) | 2939000 | 2932005 |
| ExteNet Issuer LLC<br> Series 2024-1A, Class A2<br> 5.335%, 07/25/2054 (A) | 6316000 | 6358345 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| FirstKey Homes Trust<br> Series 2021-SFR1, Class C<br> 1.888%, 08/17/2038 (A) | $6871000 | $6691273 |
| GM Financial Revolving Receivables Trust<br> Series 2024-1, Class A<br> 4.980%, 12/11/2036 (A) | 3257000 | 3342343 |
| GMF Floorplan Owner Revolving Trust<br> Series 2024-2A, Class A<br> 5.060%, 03/15/2031 (A) | 4681000 | 4824536 |
| Golub Capital Partners Funding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2<br> 3.208%, 01/22/2029 (A) | 1758221 | 1755578 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.773%, 04/20/2029 (A) | 3658989 | 3644093 |
| HI-FI Music IP Issuer LP<br> Series 2022-1A, Class A2<br> 3.939%, 02/01/2062 (A) | 6407000 | 6310836 |
| Hotwire Funding LLC<br> Series 2023-1A, Class A2<br> 5.687%, 05/20/2053 (A) | 5519000 | 5577551 |
| Invitation Homes Trust<br> Series 2024-SFR1, Class A<br> 4.000%, 09/17/2041 (A) | 6355114 | 6242387 |
| Jersey Mike's Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.636%, 02/15/2055 (A) | 4759085 | 4849889 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.610%, 08/16/2055 (A) | 4329000 | 4420299 |
| Lyra Music Assets LP<br> Series 2025-1A, Class A2<br> 5.604%, 09/20/2065 (A) | 2784000 | 2815364 |
| MetroNet Infrastructure Issuer LLC<br> Series 2025-2A, Class A2<br> 5.400%, 08/20/2055 (A) | 3802000 | 3858796 |
| Monroe Capital Funding, Ltd.<br> Series 2021-1A, Class A2<br> 2.815%, 04/22/2031 (A) | 3494123 | 3469510 |
| Navient Student Loan Trust<br> Series 2020-2A, Class A1A<br> 1.320%, 08/26/2069 (A) | 2262699 | 1979557 |
| Neighborly Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 3.584%, 04/30/2051 (A) | 7632233 | 7230552 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2<br> 3.695%, 01/30/2052 (A) | 2950005 | 2762045 |
| New Economy Assets - Phase 1<br> Sponsor LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class A1<br> 1.910%, 10/20/2061 (A) | 8463000 | 7059384 |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class B1<br> 2.410%, 10/20/2061 (A) | 4174000 | 2772149 |
| NRZ Excess Spread-Collateralized Notes |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-PLS1, Class A<br> 3.844%, 12/25/2025 (A) | &nbsp;&nbsp;791270 | &nbsp;&nbsp;&nbsp;&nbsp;788441 |
| &nbsp;&nbsp;&nbsp;Series 2021-FHT1, Class A<br> 3.104%, 07/25/2026 (A) | &nbsp;&nbsp;735078 | &nbsp;&nbsp;&nbsp;&nbsp;723319 |
| Progress Residential Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class A<br> 3.350%, 02/17/2041 (A) | 4993130 | 4819613 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class A<br> 3.400%, 02/17/2042 (A) | 4074965 | 3892701 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR2, Class A<br> 3.305%, 04/17/2042 (A) | 2696220 | 2558067 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class A<br> 3.850%, 10/17/2042 (A) | 3293000 | 3167416 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Retained Vantage Data Centers Issuer LLC<br> Series 2023-1A, Class A2A<br> 5.000%, 09/15/2048 (A) | $6011000 | $6016856 |
| RIN II, Ltd.<br> Series 2019-1A, Class AR (3 month CME Term SOFR + 1.480%)<br> 5.798%, 01/15/2038 (A)(F) | 3022000 | 3028265 |
| RIN XII LLC<br> Series 2025-1A, Class A1 (3 month CME Term SOFR + 1.300%)<br> 5.618%, 04/15/2038 (A)(F) | 3091000 | 3087649 |
| Scalelogix ABS Issuer LLC<br> Series 2025-1A, Class A2<br> 5.673%, 07/25/2055 (A) | 3306000 | 3306714 |
| SEB Funding LLC<br> Series 2024-1A, Class A2<br> 7.386%, 04/30/2054 (A) | 6701000 | 6853142 |
| SERVPRO Master Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2<br> 2.394%, 04/25/2051 (A) | 3987988 | 3757448 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 6.174%, 01/25/2054 (A) | 2654575 | 2742859 |
| Sesac Finance LLC<br> Series 2025-1, Class A2<br> 5.500%, 07/25/2055 (A) | 3710000 | 3695289 |
| SMB Private Education Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-A, Class APT2<br> 1.070%, 01/15/2053 (A) | 1337688 | 1219230 |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A1A<br> 5.240%, 03/15/2056 (A) | 5129383 | 5238842 |
| &nbsp;&nbsp;&nbsp;Series 2024-E, Class A1A<br> 5.090%, 10/16/2056 (A) | 3921454 | 3971049 |
| Sonic Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2I<br> 3.845%, 01/20/2050 (A) | 4596814 | 4530298 |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2II<br> 4.336%, 01/20/2050 (A) | 4088061 | 3952504 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I<br> 2.190%, 08/20/2051 (A) | 4394880 | 4062211 |
| Subway Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2I<br> 6.028%, 07/30/2054 (A) | 2875273 | 2914967 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2II<br> 6.268%, 07/30/2054 (A) | 2576530 | 2642804 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class A23<br> 5.914%, 07/30/2054 (A) | 6225953 | 6201334 |
| Sunbird Engine Finance LLC<br> Series 2020-1A, Class A<br> 3.671%, 02/15/2045 (A) | &nbsp;&nbsp;883621 | &nbsp;&nbsp;&nbsp;&nbsp;868325 |
| Switch ABS Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A2<br> 5.436%, 06/25/2054 (A) | 1852000 | 1861350 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2<br> 5.036%, 03/25/2055 (A) | 5975000 | 5919531 |
| Taco Bell Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2I<br> 4.821%, 08/25/2055 (A) | 3628000 | 3635579 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II<br> 5.049%, 08/25/2055 (A) | 3465000 | 3473222 |
| TIF Funding II LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A<br> 2.090%, 08/20/2045 (A) | 5505863 | 5229075 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A<br> 1.650%, 02/20/2046 (A) | 3236970 | 2952600 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| T-Mobile US Trust<br> Series 2025-2A, Class A<br> 4.340%, 04/22/2030 (A) | &nbsp;&nbsp;3247000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3269474 |
| Tricon American Homes Trust<br> Series 2020-SFR2, Class A<br> 1.482%, 11/17/2039 (A) | &nbsp;&nbsp;4309088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4074114 |
| Triton Container Finance VIII LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A<br> 2.110%, 09/20/2045 (A) | &nbsp;&nbsp;5599350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5245731 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A<br> 1.860%, 03/20/2046 (A) | &nbsp;&nbsp;3147398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2906171 |
| Uniti Fiber Issuer LLC<br> Series 2025-1A, Class A2<br> 5.877%, 04/20/2055 (A) | &nbsp;&nbsp;2382000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2439207 |
| Vantage Data Centers LLC<br> Series 2020-2A, Class A2<br> 1.992%, 09/15/2045 (A) | &nbsp;&nbsp;3647000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3454342 |
| VCP RRL ABS I, Ltd.<br> Series 2021-1A, Class A<br> 2.152%, 10/20/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;953597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929322 |
| Verizon Master Trust<br> Series 2024-5, Class A<br> 5.000%, 06/21/2032 (A) | &nbsp;&nbsp;7072000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7288231 |
| Wendy's Funding LLC<br> Series 2021-1A, Class A2I<br> 2.370%, 06/15/2051 (A) | &nbsp;&nbsp;6321382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5870610 |
| Willis Engine Structured Trust V<br> Series 2020-A, Class A<br> 3.228%, 03/15/2045 (A) | &nbsp;&nbsp;1439584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1383173 |
| Willis Engine Structured Trust VIII<br> Series 2025-A, Class A<br> 5.582%, 06/15/2050 (A) | &nbsp;&nbsp;1894559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1918573 |
| Wingstop Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2<br> 2.841%, 12/05/2050 (A) | &nbsp;&nbsp;9947515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9603343 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.858%, 12/05/2054 (A) | &nbsp;&nbsp;2651000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2743400 |
| Zaxby's Funding LLC<br> Series 2021-1A, Class A2<br> 3.238%, 07/30/2051 (A) | &nbsp;&nbsp;4177920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940514 |
| Zayo Issuer LLC<br> Series 2025-1A, Class A2<br> 5.648%, 03/20/2055 (A) | &nbsp;&nbsp;4138000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4214293 |
| TOTAL ASSET-BACKED SECURITIES (Cost $424,915,047) |  | $&nbsp;&nbsp;417790266 |
| **SHORT-TERM INVESTMENTS – 3.3%** | **SHORT-TERM INVESTMENTS – 3.3%** |  |
| **Short-term funds – 3.3%** |  |  |
| John Hancock Collateral Trust, 4.0668% (G)(H) | 18433618 | &nbsp;&nbsp;&nbsp;&nbsp;184398847 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $184,400,030) | TOTAL SHORT-TERM INVESTMENTS (Cost $184,400,030) | $&nbsp;&nbsp;&nbsp;&nbsp;184398847 |
| **Total Investments (Select Bond Trust)<br> (Cost $5,854,742,654) – 100.7%** | **Total Investments (Select Bond Trust)<br> (Cost $5,854,742,654) – 100.7%** | $**5708189287** |
| **Other assets and liabilities, net – (0.7%)** |  | &nbsp;&nbsp;&nbsp;**(36867926)** |
| **TOTAL NET ASSETS – 100.0%** |  | $**5671321361** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| SOFR | Secured Overnight Financing Rate |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Select Bond Trust (continued)<br>
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in
transactions exempt from registration. Rule 144A securities amounted to $1,041,942,793 or 18.4% of the fund's net assets as of 9-30-25.

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

(C) All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $15,427,211.

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

(E) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The
interest rate shown is the current rate as of period end.

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

(G) The rate shown is the annualized seven-day yield as of 9-30-25.

(H) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for
securities lending. Market value of this investment amounted to $15,743,677.

#### Short Term Government Income Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 97.1%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 97.1%** |  |
| **U.S. Government – 53.5%** |  |  |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 08/15/2028 to 08/31/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122450000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122215136 |
| &nbsp;&nbsp;&nbsp;3.875%, 07/31/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9287939 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131503075 |
| **U.S. Government Agency – 43.6%** |  |  |
| Federal Agricultural Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 02/24/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13479313 |
| &nbsp;&nbsp;&nbsp;4.350%, 01/28/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8742370 |
| &nbsp;&nbsp;&nbsp;4.740%, 03/25/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431113 |
| Federal Farm Credit Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.680%, 01/13/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5775935 |
| &nbsp;&nbsp;&nbsp;1.600%, 12/14/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1950615 |
| &nbsp;&nbsp;&nbsp;4.330%, 03/18/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10059823 |
| &nbsp;&nbsp;&nbsp;4.470%, 03/05/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3024494 |
| &nbsp;&nbsp;&nbsp;4.900%, 03/19/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3504703 |
| Federal Home Loan Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.900%, 02/26/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1920649 |
| &nbsp;&nbsp;&nbsp;2.750%, 03/25/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2565216 |
| &nbsp;&nbsp;&nbsp;4.050%, 09/23/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4985786 |
| &nbsp;&nbsp;&nbsp;4.500%, 03/26/2029 to 02/26/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13010117 |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.800%, 10/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1942327 |
| &nbsp;&nbsp;&nbsp;2.500%, 09/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027217 |
| &nbsp;&nbsp;&nbsp;3.000%, 07/01/2030 to 12/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853443 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415190 |
| &nbsp;&nbsp;&nbsp;4.085%, 09/18/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3495917 |
| &nbsp;&nbsp;&nbsp;4.250%, 08/25/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1997363 |
| &nbsp;&nbsp;&nbsp;4.300%, 03/13/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5016326 |
| &nbsp;&nbsp;&nbsp;4.650%, 10/09/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000288 |
| &nbsp;&nbsp;&nbsp;4.750%, 10/11/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1995016 |
| &nbsp;&nbsp;&nbsp;6.000%, 10/01/2052 to 03/01/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2498916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2573303 |
| &nbsp;&nbsp;&nbsp;6.607%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.617%), 05/01/2045 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195514 |
| &nbsp;&nbsp;&nbsp;7.000%, 04/01/2031 to 04/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 10/01/2027 to 09/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1142719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091123 |
| &nbsp;&nbsp;&nbsp;3.000%, 03/01/2028 to 09/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2318081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2271301 |

---

#### Short Term Government Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 07/01/2031 to 06/01/2034 | 1746519 | $&nbsp;&nbsp;&nbsp;&nbsp;1721925 |
| &nbsp;&nbsp;&nbsp;4.050%, 09/23/2027 | 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;4998263 |
| &nbsp;&nbsp;&nbsp;6.000%, 08/01/2053 to 11/01/2053 | &nbsp;&nbsp;925248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952797 |
| &nbsp;&nbsp;&nbsp;6.500%, 01/01/2039 | &nbsp;&nbsp;157208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167223 |
| &nbsp;&nbsp;&nbsp;7.000%, 12/01/2026 to 01/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269 |
| &nbsp;&nbsp;&nbsp;8.000%, 09/01/2029 to 09/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413 |
|  |  | 107165501 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $239,829,056) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $239,829,056) | $238668576 |
| **MUNICIPAL BONDS – 1.6%** |  |  |
| City of New York, GO<br> 1.990%, 10/01/2026 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981980 |
| County of Orange (Florida)<br> 2.280%, 01/01/2026 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995597 |
| State of California, GO<br> 2.375%, 10/01/2026 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986641 |
| State of Wisconsin<br> 2.299%, 05/01/2028 | &nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865874 |
| TOTAL MUNICIPAL BONDS (Cost $3,871,821) | TOTAL MUNICIPAL BONDS (Cost $3,871,821) | $&nbsp;&nbsp;&nbsp;&nbsp;3830092 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.3%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.3%** |  |
| **U.S. Government Agency – 0.3%** |  |  |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-114, Class IO,<br> 0.609%, 01/16/2053 | &nbsp;&nbsp;664302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9908 |
| &nbsp;&nbsp;&nbsp;Series 2017-109, Class IO,<br> 0.225%, 04/16/2057 | &nbsp;&nbsp;639334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6885 |
| &nbsp;&nbsp;&nbsp;Series 2017-124, Class IO,<br> 0.625%, 01/16/2059 | &nbsp;&nbsp;682121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23750 |
| &nbsp;&nbsp;&nbsp;Series 2017-140, Class IO,<br> 0.485%, 02/16/2059 | &nbsp;&nbsp;597202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16036 |
| &nbsp;&nbsp;&nbsp;Series 2017-20, Class IO,<br> 0.490%, 12/16/2058 | 1364521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28391 |
| &nbsp;&nbsp;&nbsp;Series 2017-41, Class IO,<br> 0.498%, 07/16/2058 | &nbsp;&nbsp;549546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13100 |
| &nbsp;&nbsp;&nbsp;Series 2017-46, Class IO,<br> 0.648%, 11/16/2057 | 1072749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40173 |
| &nbsp;&nbsp;&nbsp;Series 2017-61, Class IO,<br> 0.688%, 05/16/2059 | &nbsp;&nbsp;463305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16123 |
| &nbsp;&nbsp;&nbsp;Series 2017-74, Class IO,<br> 0.395%, 09/16/2058 | 1191142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19338 |
| &nbsp;&nbsp;&nbsp;Series 2017-89, Class IO,<br> 0.437%, 07/16/2059 | &nbsp;&nbsp;572377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14161 |
| &nbsp;&nbsp;&nbsp;Series 2018-9, Class IO,<br> 0.444%, 01/16/2060 | 1289014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38477 |
| &nbsp;&nbsp;&nbsp;Series 2020-118, Class IO,<br> 0.884%, 06/16/2062 | 1304986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81717 |
| &nbsp;&nbsp;&nbsp;Series 2020-119, Class IO,<br> 0.607%, 08/16/2062 | &nbsp;&nbsp;723916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33516 |
| &nbsp;&nbsp;&nbsp;Series 2020-120, Class IO,<br> 0.758%, 05/16/2062 | 1877152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109914 |
| &nbsp;&nbsp;&nbsp;Series 2020-137, Class IO,<br> 0.798%, 09/16/2062 | 1338100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77439 |
| &nbsp;&nbsp;&nbsp;Series 2020-170, Class IO,<br> 0.836%, 11/16/2062 | 1475375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95476 |
| &nbsp;&nbsp;&nbsp;Series 2021-40, Class IO,<br> 0.822%, 02/16/2063 | 1760005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108440 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Short Term Government Income Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Government National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-53, Class IO,<br> 0.707%, 06/16/2064 | 1628776 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75098 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807942 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,773,338) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,773,338) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807942 |
| **SHORT-TERM INVESTMENTS – 0.6%** | **SHORT-TERM INVESTMENTS – 0.6%** |  |
| **Short-term funds – 0.6%** |  |  |
| John Hancock Collateral Trust, 4.0668% (B)(C) | &nbsp;&nbsp;151271 | &nbsp;&nbsp;&nbsp;&nbsp;1513227 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $1,513,203) | TOTAL SHORT-TERM INVESTMENTS (Cost $1,513,203) | $&nbsp;&nbsp;&nbsp;&nbsp;1513227 |
| **Total Investments (Short Term Government Income Trust)<br> (Cost $247,987,418) – 99.6%** | **Total Investments (Short Term Government Income Trust)<br> (Cost $247,987,418) – 99.6%** | $**244819837** |
| **Other assets and liabilities, net – 0.4%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**990762** |
| **TOTAL NET ASSETS – 100.0%** |  | $**245810599** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| GO | General Obligation |
| IBOR | Interbank Offered Rate |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| (A) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (B) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| 2-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$19773283 | &nbsp;&nbsp;&nbsp;&nbsp;$19797852 | &nbsp;&nbsp;&nbsp;&nbsp;$24569 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$24569** |

---

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

#### Small Cap Core Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 94.8%** | **COMMON STOCKS – 94.8%** |  |
| **Communication services – 1.6%** |  |  |
| **Entertainment – 1.6%** | **Entertainment – 1.6%** |  |
| Madison Square Garden Sports Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20674 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4692998 |
| **Consumer discretionary – 11.9%** |  |  |
| **Diversified consumer services – 1.3%** | **Diversified consumer services – 1.3%** |  |
| Mister Car Wash, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3888555 |
| **Hotels, restaurants and leisure – 3.4%** | **Hotels, restaurants and leisure – 3.4%** |  |
| First Watch Restaurant Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3077686 |
| Genius Sports, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4611711 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2309919 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9999316 |
| **Household durables – 1.2%** | **Household durables – 1.2%** |  |
| Green Brick Partners, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3541439 |
| **Specialty retail – 3.1%** | **Specialty retail – 3.1%** |  |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1997421 |
| Bath & Body Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2531950 |
| Lithia Motors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4659104 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9188475 |
| **Textiles, apparel and luxury goods – 2.9%** | **Textiles, apparel and luxury goods – 2.9%** |  |
| Levi Strauss & Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5549338 |
| On Holding AG, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2795100 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8344438 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34962223 |

---

#### Small Cap Core Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer staples – 1.8%** |  |  |
| **Household products – 0.9%** | **Household products – 0.9%** |  |
| Central Garden & Pet Company, Class A (A) | &nbsp;&nbsp;92384 | $&nbsp;&nbsp;&nbsp;2728100 |
| **Personal care products – 0.9%** | **Personal care products – 0.9%** |  |
| BellRing Brands, Inc. (A) | &nbsp;&nbsp;73210 | &nbsp;&nbsp;&nbsp;2661184 |
|  |  | &nbsp;&nbsp;&nbsp;5389284 |
| **Energy – 3.1%** |  |  |
| **Energy equipment and services – 1.3%** | **Energy equipment and services – 1.3%** |  |
| Liberty Energy, Inc. | 304986 | &nbsp;&nbsp;&nbsp;3763527 |
| **Oil, gas and consumable fuels – 1.8%** | **Oil, gas and consumable fuels – 1.8%** |  |
| Magnolia Oil & Gas Corp., Class A | 220201 | &nbsp;&nbsp;&nbsp;5256198 |
|  |  | &nbsp;&nbsp;&nbsp;9019725 |
| **Financials – 13.4%** |  |  |
| **Banks – 10.1%** | **Banks – 10.1%** |  |
| Banner Corp. | &nbsp;&nbsp;86310 | &nbsp;&nbsp;&nbsp;5653305 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;43060 | &nbsp;&nbsp;&nbsp;5458716 |
| Old National Bancorp | 197490 | &nbsp;&nbsp;&nbsp;4334906 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;47434 | &nbsp;&nbsp;&nbsp;4448835 |
| SouthState Bank Corp. | &nbsp;&nbsp;60797 | &nbsp;&nbsp;&nbsp;6011002 |
| Univest Financial Corp. | 126655 | &nbsp;&nbsp;&nbsp;3802183 |
|  |  | 29708947 |
| **Capital markets – 3.2%** | **Capital markets – 3.2%** |  |
| Evercore, Inc., Class A | &nbsp;&nbsp;15715 | &nbsp;&nbsp;&nbsp;5300984 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Core Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Capital markets (continued)** | **Capital markets (continued)** |  |
| Moelis & Company, Class A | &nbsp;&nbsp;56554 | $&nbsp;&nbsp;&nbsp;4033431 |
|  |  | &nbsp;&nbsp;&nbsp;9334415 |
| **Insurance – 0.1%** | **Insurance – 0.1%** |  |
| Neptune Insurance Holdings Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8587 | &nbsp;&nbsp;&nbsp;&nbsp;171740 |
|  |  | 39215102 |
| **Health care – 13.9%** |  |  |
| **Biotechnology – 0.7%** | **Biotechnology – 0.7%** |  |
| ACADIA Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;46670 | &nbsp;&nbsp;&nbsp;&nbsp;995938 |
| Ultragenyx Pharmaceutical, Inc. (A) | &nbsp;&nbsp;28721 | &nbsp;&nbsp;&nbsp;&nbsp;863928 |
|  |  | &nbsp;&nbsp;&nbsp;1859866 |
| **Health care equipment and supplies – 5.2%** | **Health care equipment and supplies – 5.2%** |  |
| Globus Medical, Inc., Class A (A) | &nbsp;&nbsp;50097 | &nbsp;&nbsp;&nbsp;2869055 |
| Haemonetics Corp. (A) | &nbsp;&nbsp;17912 | &nbsp;&nbsp;&nbsp;&nbsp;873031 |
| ICU Medical, Inc. (A) | &nbsp;&nbsp;22969 | &nbsp;&nbsp;&nbsp;2755361 |
| Integer Holdings Corp. (A) | &nbsp;&nbsp;28303 | &nbsp;&nbsp;&nbsp;2924549 |
| LivaNova PLC (A) | &nbsp;&nbsp;&nbsp;5610 | &nbsp;&nbsp;&nbsp;&nbsp;293852 |
| Merit Medical Systems, Inc. (A) | &nbsp;&nbsp;32114 | &nbsp;&nbsp;&nbsp;2672848 |
| Teleflex, Inc. | &nbsp;&nbsp;23748 | &nbsp;&nbsp;&nbsp;2905805 |
|  |  | 15294501 |
| **Health care providers and services – 4.3%** | **Health care providers and services – 4.3%** |  |
| BrightSpring Health Services, Inc. (A) | 109784 | &nbsp;&nbsp;&nbsp;3245215 |
| Concentra Group Holdings Parent, Inc. | 119352 | &nbsp;&nbsp;&nbsp;2498037 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;15695 | &nbsp;&nbsp;&nbsp;3003395 |
| Option Care Health, Inc. (A) | 141830 | &nbsp;&nbsp;&nbsp;3937201 |
|  |  | 12683848 |
| **Life sciences tools and services – 1.7%** | **Life sciences tools and services – 1.7%** |  |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;9880 | &nbsp;&nbsp;&nbsp;2770253 |
| Revvity, Inc. | &nbsp;&nbsp;26260 | &nbsp;&nbsp;&nbsp;2301689 |
|  |  | &nbsp;&nbsp;&nbsp;5071942 |
| **Pharmaceuticals – 2.0%** | **Pharmaceuticals – 2.0%** |  |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;10465 | &nbsp;&nbsp;&nbsp;1270974 |
| Jazz Pharmaceuticals PLC (A) | &nbsp;&nbsp;14154 | &nbsp;&nbsp;&nbsp;1865497 |
| Prestige Consumer Healthcare, Inc. (A) | &nbsp;&nbsp;44961 | &nbsp;&nbsp;&nbsp;2805566 |
|  |  | &nbsp;&nbsp;&nbsp;5942037 |
|  |  | 40852194 |
| **Industrials – 19.0%** |  |  |
| **Aerospace and defense – 1.7%** | **Aerospace and defense – 1.7%** |  |
| Hexcel Corp. | &nbsp;&nbsp;79664 | &nbsp;&nbsp;&nbsp;4994933 |
| **Building products – 3.5%** | **Building products – 3.5%** |  |
| A.O. Smith Corp. | &nbsp;&nbsp;52117 | &nbsp;&nbsp;&nbsp;3825909 |
| Simpson Manufacturing Company, Inc. | &nbsp;&nbsp;20346 | &nbsp;&nbsp;&nbsp;3407141 |
| Trex Company, Inc. (A) | &nbsp;&nbsp;58623 | &nbsp;&nbsp;&nbsp;3029050 |
|  |  | 10262100 |
| **Construction and engineering – 3.4%** | **Construction and engineering – 3.4%** |  |
| Arcosa, Inc. | &nbsp;&nbsp;56299 | &nbsp;&nbsp;&nbsp;5275779 |
| MasTec, Inc. (A) | &nbsp;&nbsp;22027 | &nbsp;&nbsp;&nbsp;4687566 |
|  |  | &nbsp;&nbsp;&nbsp;9963345 |
| **Electrical equipment – 3.0%** | **Electrical equipment – 3.0%** |  |
| Generac Holdings, Inc. (A) | &nbsp;&nbsp;26343 | &nbsp;&nbsp;&nbsp;4409818 |
| Regal Rexnord Corp. | &nbsp;&nbsp;30155 | &nbsp;&nbsp;&nbsp;4325433 |
|  |  | &nbsp;&nbsp;&nbsp;8735251 |
| **Ground transportation – 0.9%** | **Ground transportation – 0.9%** |  |
| Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;68187 | &nbsp;&nbsp;&nbsp;2694068 |
| **Machinery – 6.5%** | **Machinery – 6.5%** |  |
| Atmus Filtration Technologies, Inc. | 113066 | &nbsp;&nbsp;&nbsp;5098146 |
| Crane Company | &nbsp;&nbsp;24226 | &nbsp;&nbsp;&nbsp;4460976 |
| The Timken Company | &nbsp;&nbsp;70160 | &nbsp;&nbsp;&nbsp;5274629 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| The Toro Company | &nbsp;&nbsp;&nbsp;&nbsp;54871 | $&nbsp;&nbsp;&nbsp;&nbsp;4181170 |
|  |  | &nbsp;&nbsp;&nbsp;19014921 |
|  |  | &nbsp;&nbsp;&nbsp;55664618 |
| **Information technology – 23.8%** |  |  |
| **Electronic equipment, instruments and components – 1.5%** | **Electronic equipment, instruments and components – 1.5%** |  |
| Advanced Energy Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26339 | &nbsp;&nbsp;&nbsp;&nbsp;4481317 |
| **Semiconductors and semiconductor equipment – 8.5%** | **Semiconductors and semiconductor equipment – 8.5%** |  |
| Alpha & Omega Semiconductor, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;85074 | &nbsp;&nbsp;&nbsp;&nbsp;2378669 |
| Ambarella, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;43402 | &nbsp;&nbsp;&nbsp;&nbsp;3581533 |
| Kulicke & Soffa Industries, Inc. | &nbsp;&nbsp;124442 | &nbsp;&nbsp;&nbsp;&nbsp;5057323 |
| MACOM Technology Solutions Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;35265 | &nbsp;&nbsp;&nbsp;&nbsp;4390140 |
| MKS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35982 | &nbsp;&nbsp;&nbsp;&nbsp;4453492 |
| Veeco Instruments, Inc. (A) | &nbsp;&nbsp;169092 | &nbsp;&nbsp;&nbsp;&nbsp;5145470 |
|  |  | &nbsp;&nbsp;&nbsp;25006627 |
| **Software – 13.8%** | **Software – 13.8%** |  |
| Adeia, Inc. | &nbsp;&nbsp;271705 | &nbsp;&nbsp;&nbsp;&nbsp;4564644 |
| Alkami Technology, Inc. (A) | &nbsp;&nbsp;186410 | &nbsp;&nbsp;&nbsp;&nbsp;4630424 |
| Braze, Inc., Class A (A) | &nbsp;&nbsp;154522 | &nbsp;&nbsp;&nbsp;&nbsp;4394606 |
| CommVault Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;22318 | &nbsp;&nbsp;&nbsp;&nbsp;4213192 |
| Progress Software Corp. (A) | &nbsp;&nbsp;103535 | &nbsp;&nbsp;&nbsp;&nbsp;4548293 |
| Q2 Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;56208 | &nbsp;&nbsp;&nbsp;&nbsp;4068897 |
| Tenable Holdings, Inc. (A) | &nbsp;&nbsp;155233 | &nbsp;&nbsp;&nbsp;&nbsp;4526594 |
| Varonis Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;73782 | &nbsp;&nbsp;&nbsp;&nbsp;4240252 |
| Xperi, Inc. (A) | &nbsp;&nbsp;259937 | &nbsp;&nbsp;&nbsp;&nbsp;1684392 |
| Yext, Inc. (A) | &nbsp;&nbsp;403274 | &nbsp;&nbsp;&nbsp;&nbsp;3435894 |
|  |  | &nbsp;&nbsp;&nbsp;40307188 |
|  |  | &nbsp;&nbsp;&nbsp;69795132 |
| **Materials – 1.4%** |  |  |
| **Chemicals – 1.4%** | **Chemicals – 1.4%** |  |
| Avient Corp. | &nbsp;&nbsp;123507 | &nbsp;&nbsp;&nbsp;&nbsp;4069556 |
| **Real estate – 3.7%** |  |  |
| **Industrial REITs – 3.7%** | **Industrial REITs – 3.7%** |  |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32209 | &nbsp;&nbsp;&nbsp;&nbsp;5451695 |
| First Industrial Realty Trust, Inc. | &nbsp;&nbsp;102855 | &nbsp;&nbsp;&nbsp;&nbsp;5293947 |
|  |  | &nbsp;&nbsp;&nbsp;10745642 |
| **Utilities – 1.2%** |  |  |
| **Multi-utilities – 1.2%** | **Multi-utilities – 1.2%** |  |
| Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;72764 | &nbsp;&nbsp;&nbsp;&nbsp;3482485 |
| TOTAL COMMON STOCKS (Cost $248,677,784) | TOTAL COMMON STOCKS (Cost $248,677,784) | $277888959 |
| **SHORT-TERM INVESTMENTS – 5.8%** | **SHORT-TERM INVESTMENTS – 5.8%** |  |
| **Short-term funds – 5.8%** |  |  |
| John Hancock Collateral Trust, 4.0668% (B)(C) | 1698104 | &nbsp;&nbsp;&nbsp;16986809 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (B) | &nbsp;&nbsp;&nbsp;&nbsp;4141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $16,990,893) | TOTAL SHORT-TERM INVESTMENTS (Cost $16,990,893) | $&nbsp;&nbsp;&nbsp;16990950 |
| **Total Investments (Small Cap Core Trust)<br> (Cost $265,668,677) – 100.6%** | **Total Investments (Small Cap Core Trust)<br> (Cost $265,668,677) – 100.6%** | $**294879909** |
| **Other assets and liabilities, net – (0.6%)** | **Other assets and liabilities, net – (0.6%)** | &nbsp;&nbsp;&nbsp;**(1762464)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**293117445** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 96.1%** | **COMMON STOCKS – 96.1%** |  |
| **Communication services – 2.7%** |  |  |
| **Diversified telecommunication services – 0.5%** | **Diversified telecommunication services – 0.5%** |  |
| Anterix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2644 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56767 |
| ATN International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30943 |
| Bandwidth, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87251 |
| Cogent Communications Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329081 |
| Globalstar, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350327 |
| IDT Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161010 |
| Liberty Latin America, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56911 |
| Liberty Latin America, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197006 |
| Lumen Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1115107 |
| Shenandoah Telecommunications Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133838 |
| Uniti Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168771 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2687012 |
| **Entertainment – 0.5%** | **Entertainment – 0.5%** |  |
| AMC Entertainment Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242205 |
| Atlanta Braves Holdings, Inc., Series A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88166 |
| Atlanta Braves Holdings, Inc., Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342743 |
| Cinemark Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551630 |
| CuriosityStream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33814 |
| Eventbrite, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39793 |
| IMAX Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271268 |
| Lionsgate Studios Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262718 |
| Madison Square Garden Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342874 |
| Playtika Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44544 |
| Reservoir Media, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36288 |
| Sphere Entertainment Company (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329795 |
| Starz Entertainment Corp. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40935 |
| The Marcus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71455 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2698228 |
| **Interactive media and services – 0.6%** | **Interactive media and services – 0.6%** |  |
| Angi, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138015 |
| Bumble, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87130 |
| CarGurus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586000 |
| Cars.com, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137695 |
| EverQuote, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120708 |
| FuboTV, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266243 |
| Getty Images Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46498 |
| Grindr, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97480 |
| MediaAlpha, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75176 |
| Nextdoor Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93321 |
| QuinStreet, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163162 |
| Rumble, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146320 |
| Shutterstock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98099 |
| TripAdvisor, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361931 |
| TrueCar, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32377 |
| Vimeo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220209 |
| Webtoon Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78261 |
| Yelp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366475 |
| Ziff Davis, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308991 |
| ZipRecruiter, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56299 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3480390 |
| **Media – 0.9%** | **Media – 0.9%** |  |
| Advantage Solutions, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31558 |
| Altice USA, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123098 |
| AMC Networks, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55513 |
| Boston Omaha Corp., Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61018 |
| Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179352 |
| EchoStar Corp., Class A (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1967263 |

---

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Media (continued)** | **Media (continued)** |  |
| Entravision Communications Corp., Class A | 13780 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32107 |
| Gambling.com Group, Ltd. (A)(B) | &nbsp;&nbsp;3433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28082 |
| Gannett Company, Inc. (A) | 27295 | &nbsp;&nbsp;&nbsp;&nbsp;112728 |
| Gray Media, Inc. | 16949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97965 |
| Ibotta, Inc., Class A (A)(B) | &nbsp;&nbsp;2543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70823 |
| iHeartMedia, Inc., Class A (A) | 24569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70513 |
| Integral Ad Science Holding Corp. (A) | 14760 | &nbsp;&nbsp;&nbsp;&nbsp;150109 |
| John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;7844 | &nbsp;&nbsp;&nbsp;&nbsp;317447 |
| Magnite, Inc. (A) | 26711 | &nbsp;&nbsp;&nbsp;&nbsp;581766 |
| National CineMedia, Inc. | 12865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58021 |
| Newsmax, Inc. (A) | &nbsp;&nbsp;2064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25594 |
| Nexxen International, Ltd. (A) | &nbsp;&nbsp;7457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68977 |
| PubMatic, Inc., Class A (A) | &nbsp;&nbsp;8215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68020 |
| Scholastic Corp. | &nbsp;&nbsp;4174 | &nbsp;&nbsp;&nbsp;&nbsp;114284 |
| Sinclair, Inc. | &nbsp;&nbsp;7508 | &nbsp;&nbsp;&nbsp;&nbsp;113371 |
| Stagwell, Inc. (A)(B) | 22799 | &nbsp;&nbsp;&nbsp;&nbsp;128358 |
| TechTarget, Inc. (A) | &nbsp;&nbsp;6016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34953 |
| TEGNA, Inc. | 30042 | &nbsp;&nbsp;&nbsp;&nbsp;610754 |
| The EW Scripps Company, Class A (A) | 12408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30524 |
| Thryv Holdings, Inc. (A) | &nbsp;&nbsp;7315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88219 |
| WideOpenWest, Inc. (A) | 11390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58772 |
|  |  | &nbsp;&nbsp;&nbsp;5279189 |
| **Wireless telecommunication services – 0.2%** | **Wireless telecommunication services – 0.2%** |  |
| Gogo, Inc. (A) | 15116 | &nbsp;&nbsp;&nbsp;&nbsp;129846 |
| Spok Holdings, Inc. | &nbsp;&nbsp;4119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71053 |
| Telephone & Data Systems, Inc. | 18735 | &nbsp;&nbsp;&nbsp;&nbsp;735161 |
| Tingo Group, Inc. (A) | 23160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;936752 |
|  |  | 15081571 |
| **Consumer discretionary – 9.5%** |  |  |
| **Automobile components – 1.3%** | **Automobile components – 1.3%** |  |
| Adient PLC (A) | 16191 | &nbsp;&nbsp;&nbsp;&nbsp;389879 |
| American Axle & Manufacturing Holdings, Inc. (A) | 23315 | &nbsp;&nbsp;&nbsp;&nbsp;140123 |
| Cooper-Standard Holdings, Inc. (A) | &nbsp;&nbsp;3357 | &nbsp;&nbsp;&nbsp;&nbsp;123974 |
| Dana, Inc. | 25464 | &nbsp;&nbsp;&nbsp;&nbsp;510299 |
| Dorman Products, Inc. (A) | &nbsp;&nbsp;5280 | &nbsp;&nbsp;&nbsp;&nbsp;823046 |
| Fox Factory Holding Corp. (A) | &nbsp;&nbsp;8123 | &nbsp;&nbsp;&nbsp;&nbsp;197308 |
| Garrett Motion, Inc. | 24522 | &nbsp;&nbsp;&nbsp;&nbsp;333990 |
| Gentherm, Inc. (A) | &nbsp;&nbsp;5988 | &nbsp;&nbsp;&nbsp;&nbsp;203951 |
| Holley, Inc. (A) | &nbsp;&nbsp;9777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30700 |
| LCI Industries | &nbsp;&nbsp;4674 | &nbsp;&nbsp;&nbsp;&nbsp;435383 |
| Modine Manufacturing Company (A) | &nbsp;&nbsp;9995 | &nbsp;&nbsp;&nbsp;1420889 |
| Motorcar Parts of America, Inc. (A) | &nbsp;&nbsp;2276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37645 |
| Patrick Industries, Inc. (B) | &nbsp;&nbsp;6226 | &nbsp;&nbsp;&nbsp;&nbsp;643955 |
| PHINIA, Inc. | &nbsp;&nbsp;7035 | &nbsp;&nbsp;&nbsp;&nbsp;404372 |
| Solid Power, Inc. (A) | 28712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99631 |
| Standard Motor Products, Inc. | &nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp;170424 |
| Strattec Security Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52951 |
| The Goodyear Tire & Rubber Company (A) | 49789 | &nbsp;&nbsp;&nbsp;&nbsp;372422 |
| Visteon Corp. | &nbsp;&nbsp;5231 | &nbsp;&nbsp;&nbsp;&nbsp;626988 |
| XPEL, Inc. (A) | &nbsp;&nbsp;4676 | &nbsp;&nbsp;&nbsp;&nbsp;154635 |
|  |  | &nbsp;&nbsp;&nbsp;7172565 |
| **Automobiles – 0.0%** | **Automobiles – 0.0%** |  |
| Faraday Future Intelligent Electric, Inc. (A)(B) | 17399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22619 |
| Livewire Group, Inc. (A) | &nbsp;&nbsp;7406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35179 |
| Winnebago Industries, Inc. | &nbsp;&nbsp;5283 | &nbsp;&nbsp;&nbsp;&nbsp;176664 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;234462 |
| **Broadline retail – 0.1%** | **Broadline retail – 0.1%** |  |
| Groupon, Inc. (A) | &nbsp;&nbsp;4801 | &nbsp;&nbsp;&nbsp;&nbsp;112103 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Broadline retail (continued)** | **Broadline retail (continued)** |  |
| Kohl's Corp. | 20802 | $&nbsp;&nbsp;&nbsp;&nbsp;319727 |
| Savers Value Village, Inc. (A) | &nbsp;&nbsp;7386 | &nbsp;&nbsp;&nbsp;&nbsp;97865 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;529695 |
| **Distributors – 0.1%** | **Distributors – 0.1%** |  |
| A-Mark Precious Metals, Inc. | &nbsp;&nbsp;3681 | &nbsp;&nbsp;&nbsp;&nbsp;95227 |
| GigaCloud Technology, Inc., Class A (A) | &nbsp;&nbsp;4530 | &nbsp;&nbsp;&nbsp;&nbsp;128652 |
| Weyco Group, Inc. | &nbsp;&nbsp;1107 | &nbsp;&nbsp;&nbsp;&nbsp;33310 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;257189 |
| **Diversified consumer services – 1.3%** | **Diversified consumer services – 1.3%** |  |
| Adtalem Global Education, Inc. (A) | &nbsp;&nbsp;6672 | 1030490 |
| American Public Education, Inc. (A) | &nbsp;&nbsp;3379 | &nbsp;&nbsp;&nbsp;&nbsp;133369 |
| Carriage Services, Inc. | &nbsp;&nbsp;2737 | &nbsp;&nbsp;&nbsp;&nbsp;121906 |
| Coursera, Inc. (A) | 26411 | &nbsp;&nbsp;&nbsp;&nbsp;309273 |
| frontdoor, Inc. (A) | 14191 | &nbsp;&nbsp;&nbsp;&nbsp;954912 |
| Graham Holdings Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;711095 |
| KinderCare Learning Cos, Inc. (A) | &nbsp;&nbsp;6248 | &nbsp;&nbsp;&nbsp;&nbsp;41487 |
| Laureate Education, Inc. (A) | 24538 | &nbsp;&nbsp;&nbsp;&nbsp;773929 |
| Lincoln Educational Services Corp. (A) | &nbsp;&nbsp;5857 | &nbsp;&nbsp;&nbsp;&nbsp;137640 |
| Matthews International Corp., Class A | &nbsp;&nbsp;5875 | &nbsp;&nbsp;&nbsp;&nbsp;142645 |
| McGraw Hill, Inc. (A) | &nbsp;&nbsp;4213 | &nbsp;&nbsp;&nbsp;&nbsp;52873 |
| Mister Car Wash, Inc. (A) | 19429 | &nbsp;&nbsp;&nbsp;&nbsp;103557 |
| OneSpaWorld Holdings, Ltd. | 18135 | &nbsp;&nbsp;&nbsp;&nbsp;383374 |
| Perdoceo Education Corp. | 11747 | &nbsp;&nbsp;&nbsp;&nbsp;442392 |
| Strategic Education, Inc. | &nbsp;&nbsp;4582 | &nbsp;&nbsp;&nbsp;&nbsp;394098 |
| Stride, Inc. (A) | &nbsp;&nbsp;8145 | 1213116 |
| Udemy, Inc. (A) | 18952 | &nbsp;&nbsp;&nbsp;&nbsp;132854 |
| Universal Technical Institute, Inc. (A) | &nbsp;&nbsp;8569 | &nbsp;&nbsp;&nbsp;&nbsp;278921 |
|  |  | 7357931 |
| **Hotels, restaurants and leisure – 1.7%** | **Hotels, restaurants and leisure – 1.7%** |  |
| Accel Entertainment, Inc. (A) | 10939 | &nbsp;&nbsp;&nbsp;&nbsp;121095 |
| Biglari Holdings, Inc., Class B (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;143 | &nbsp;&nbsp;&nbsp;&nbsp;46282 |
| BJ's Restaurants, Inc. (A)(B) | &nbsp;&nbsp;4082 | &nbsp;&nbsp;&nbsp;&nbsp;124623 |
| Bloomin' Brands, Inc. | 16168 | &nbsp;&nbsp;&nbsp;&nbsp;115925 |
| Brightstar Lottery PLC (B) | 21323 | &nbsp;&nbsp;&nbsp;&nbsp;367822 |
| Brinker International, Inc. (A) | &nbsp;&nbsp;8434 | 1068419 |
| Cracker Barrel Old Country Store, Inc. | &nbsp;&nbsp;4238 | &nbsp;&nbsp;&nbsp;&nbsp;186726 |
| Dave & Buster's Entertainment, Inc. (A) | &nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp;94940 |
| Denny's Corp. (A) | 10456 | &nbsp;&nbsp;&nbsp;&nbsp;54685 |
| Dine Brands Global, Inc. | &nbsp;&nbsp;2824 | &nbsp;&nbsp;&nbsp;&nbsp;69809 |
| El Pollo Loco Holdings, Inc. (A)(B) | &nbsp;&nbsp;5266 | &nbsp;&nbsp;&nbsp;&nbsp;51080 |
| First Watch Restaurant Group, Inc. (A) | &nbsp;&nbsp;7902 | &nbsp;&nbsp;&nbsp;&nbsp;123587 |
| Genius Sports, Ltd. (A) | 42425 | &nbsp;&nbsp;&nbsp;&nbsp;525222 |
| Global Business Travel Group I (A) | 19351 | &nbsp;&nbsp;&nbsp;&nbsp;156356 |
| Golden Entertainment, Inc. | &nbsp;&nbsp;3732 | &nbsp;&nbsp;&nbsp;&nbsp;88001 |
| Hilton Grand Vacations, Inc. (A)(B) | 10663 | &nbsp;&nbsp;&nbsp;&nbsp;445820 |
| Inspired Entertainment, Inc. (A) | &nbsp;&nbsp;4606 | &nbsp;&nbsp;&nbsp;&nbsp;43204 |
| Jack in the Box, Inc. | &nbsp;&nbsp;3767 | &nbsp;&nbsp;&nbsp;&nbsp;74474 |
| Krispy Kreme, Inc. (B) | 15995 | &nbsp;&nbsp;&nbsp;&nbsp;61901 |
| Kura Sushi USA, Inc., Class A (A) | &nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp;72480 |
| Life Time Group Holdings, Inc. (A) | 25866 | &nbsp;&nbsp;&nbsp;&nbsp;713902 |
| Lindblad Expeditions Holdings, Inc. (A) | &nbsp;&nbsp;7502 | &nbsp;&nbsp;&nbsp;&nbsp;96026 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;5083 | &nbsp;&nbsp;&nbsp;&nbsp;338324 |
| Monarch Casino & Resort, Inc. | &nbsp;&nbsp;2412 | &nbsp;&nbsp;&nbsp;&nbsp;255286 |
| Nathan's Famous, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;61571 |
| Papa John's International, Inc. | &nbsp;&nbsp;6253 | &nbsp;&nbsp;&nbsp;&nbsp;301082 |
| Portillo's, Inc., Class A (A)(B) | 10964 | &nbsp;&nbsp;&nbsp;&nbsp;70718 |
| Potbelly Corp. (A) | &nbsp;&nbsp;4953 | &nbsp;&nbsp;&nbsp;&nbsp;84399 |
| Pursuit Attractions and Hospitality, Inc. (A) | &nbsp;&nbsp;4218 | &nbsp;&nbsp;&nbsp;&nbsp;152607 |
| RCI Hospitality Holdings, Inc. (B) | &nbsp;&nbsp;1565 | &nbsp;&nbsp;&nbsp;&nbsp;47748 |
| Red Rock Resorts, Inc., Class A | &nbsp;&nbsp;9216 | &nbsp;&nbsp;&nbsp;&nbsp;562729 |
| Rush Street Interactive, Inc. (A) | 16937 | &nbsp;&nbsp;&nbsp;&nbsp;346870 |
| Sabre Corp. (A) | 69932 | &nbsp;&nbsp;&nbsp;&nbsp;127976 |
| Serve Robotics, Inc. (A)(B) | &nbsp;&nbsp;8995 | &nbsp;&nbsp;&nbsp;&nbsp;104612 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| Shake Shack, Inc., Class A (A) | &nbsp;&nbsp;7391 | $&nbsp;&nbsp;&nbsp;&nbsp;691872 |
| Six Flags Entertainment Corp. (A)(B) | 18292 | &nbsp;&nbsp;&nbsp;&nbsp;415594 |
| Super Group SGHC, Ltd. | 30572 | &nbsp;&nbsp;&nbsp;&nbsp;403550 |
| Sweetgreen, Inc., Class A (A)(B) | 19816 | &nbsp;&nbsp;&nbsp;&nbsp;158132 |
| Target Hospitality Corp. (A) | &nbsp;&nbsp;6677 | &nbsp;&nbsp;&nbsp;&nbsp;56621 |
| The Cheesecake Factory, Inc. (B) | &nbsp;&nbsp;8698 | &nbsp;&nbsp;&nbsp;&nbsp;475259 |
| United Parks & Resorts, Inc. (A)(B) | &nbsp;&nbsp;5118 | &nbsp;&nbsp;&nbsp;&nbsp;264601 |
| Xponential Fitness, Inc., Class A (A)(B) | &nbsp;&nbsp;5596 | &nbsp;&nbsp;&nbsp;&nbsp;43593 |
|  |  | 9665523 |
| **Household durables – 1.7%** | **Household durables – 1.7%** |  |
| Beazer Homes USA, Inc. (A) | &nbsp;&nbsp;4664 | &nbsp;&nbsp;&nbsp;&nbsp;114501 |
| Cavco Industries, Inc. (A) | &nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp;849608 |
| Century Communities, Inc. | &nbsp;&nbsp;5133 | &nbsp;&nbsp;&nbsp;&nbsp;325278 |
| Champion Homes, Inc. (A) | 10970 | &nbsp;&nbsp;&nbsp;&nbsp;837779 |
| Cricut, Inc., Class A | &nbsp;&nbsp;9586 | &nbsp;&nbsp;&nbsp;&nbsp;60296 |
| Dream Finders Homes, Inc., Class A (A)(B) | &nbsp;&nbsp;5982 | &nbsp;&nbsp;&nbsp;&nbsp;155053 |
| Ethan Allen Interiors, Inc. | &nbsp;&nbsp;4742 | &nbsp;&nbsp;&nbsp;&nbsp;139699 |
| Flexsteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;822 | &nbsp;&nbsp;&nbsp;&nbsp;38100 |
| Green Brick Partners, Inc. (A) | &nbsp;&nbsp;6124 | &nbsp;&nbsp;&nbsp;&nbsp;452319 |
| Hamilton Beach Brands Holding Company, Class B | &nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp;17201 |
| Helen of Troy, Ltd. (A) | &nbsp;&nbsp;4519 | &nbsp;&nbsp;&nbsp;&nbsp;113879 |
| Hovnanian Enterprises, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;952 | &nbsp;&nbsp;&nbsp;&nbsp;122322 |
| Installed Building Products, Inc. (B) | &nbsp;&nbsp;4479 | 1104790 |
| KB Home | 12450 | &nbsp;&nbsp;&nbsp;&nbsp;792318 |
| La-Z-Boy, Inc. | &nbsp;&nbsp;8066 | &nbsp;&nbsp;&nbsp;&nbsp;276825 |
| Legacy Housing Corp. (A) | &nbsp;&nbsp;2066 | &nbsp;&nbsp;&nbsp;&nbsp;56836 |
| Leggett & Platt, Inc. | 26137 | &nbsp;&nbsp;&nbsp;&nbsp;232097 |
| LGI Homes, Inc. (A) | &nbsp;&nbsp;4127 | &nbsp;&nbsp;&nbsp;&nbsp;213407 |
| M/I Homes, Inc. (A) | &nbsp;&nbsp;4872 | &nbsp;&nbsp;&nbsp;&nbsp;703712 |
| Meritage Homes Corp. | 13437 | &nbsp;&nbsp;&nbsp;&nbsp;973242 |
| Sonos, Inc. (A) | 22976 | &nbsp;&nbsp;&nbsp;&nbsp;363021 |
| Taylor Morrison Home Corp. (A) | 18281 | 1206729 |
| The Lovesac Company (A)(B) | &nbsp;&nbsp;2767 | &nbsp;&nbsp;&nbsp;&nbsp;46845 |
| Tri Pointe Homes, Inc. (A) | 16249 | &nbsp;&nbsp;&nbsp;&nbsp;551979 |
|  |  | 9747836 |
| **Leisure products – 0.5%** | **Leisure products – 0.5%** |  |
| Acushnet Holdings Corp. | &nbsp;&nbsp;5422 | &nbsp;&nbsp;&nbsp;&nbsp;425573 |
| Escalade, Inc. (B) | &nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp;24637 |
| Funko, Inc., Class A (A) | &nbsp;&nbsp;7124 | &nbsp;&nbsp;&nbsp;&nbsp;24507 |
| JAKKS Pacific, Inc. | &nbsp;&nbsp;1809 | &nbsp;&nbsp;&nbsp;&nbsp;33883 |
| Johnson Outdoors, Inc., Class A | &nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp;42006 |
| Latham Group, Inc. (A) | &nbsp;&nbsp;8999 | &nbsp;&nbsp;&nbsp;&nbsp;68482 |
| Malibu Boats, Inc., Class A (A) | &nbsp;&nbsp;3747 | &nbsp;&nbsp;&nbsp;&nbsp;121590 |
| MasterCraft Boat Holdings, Inc. (A) | &nbsp;&nbsp;3638 | &nbsp;&nbsp;&nbsp;&nbsp;78071 |
| Peloton Interactive, Inc., Class A (A) | 70673 | &nbsp;&nbsp;&nbsp;&nbsp;636057 |
| Polaris, Inc. | 10264 | &nbsp;&nbsp;&nbsp;&nbsp;596646 |
| Smith & Wesson Brands, Inc. | &nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp;86996 |
| Sturm Ruger & Company, Inc. (B) | &nbsp;&nbsp;3168 | &nbsp;&nbsp;&nbsp;&nbsp;137713 |
| Topgolf Callaway Brands Corp. (A) | 25564 | &nbsp;&nbsp;&nbsp;&nbsp;242858 |
|  |  | 2519019 |
| **Specialty retail – 2.2%** | **Specialty retail – 2.2%** |  |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;769950 |
| Academy Sports & Outdoors, Inc. | 12642 | &nbsp;&nbsp;&nbsp;&nbsp;632353 |
| Advance Auto Parts, Inc. (B) | 11522 | &nbsp;&nbsp;&nbsp;&nbsp;707451 |
| American Eagle Outfitters, Inc. | 30989 | &nbsp;&nbsp;&nbsp;&nbsp;530222 |
| America's Car-Mart, Inc. (A) | &nbsp;&nbsp;1494 | &nbsp;&nbsp;&nbsp;&nbsp;43640 |
| Arhaus, Inc. (A) | 10034 | &nbsp;&nbsp;&nbsp;&nbsp;106661 |
| Arko Corp. | 15867 | &nbsp;&nbsp;&nbsp;&nbsp;72512 |
| Asbury Automotive Group, Inc. (A) | &nbsp;&nbsp;3737 | &nbsp;&nbsp;&nbsp;&nbsp;913510 |
| Barnes & Noble Education, Inc. (A)(B) | &nbsp;&nbsp;2951 | &nbsp;&nbsp;&nbsp;&nbsp;29362 |
| Bed Bath & Beyond, Inc. (A)(B) | 10854 | &nbsp;&nbsp;&nbsp;&nbsp;106261 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** |  |
| Boot Barn Holdings, Inc. (A) | &nbsp;&nbsp;5878 | $&nbsp;&nbsp;&nbsp;&nbsp;974102 |
| Build-A-Bear Workshop, Inc. (B) | &nbsp;&nbsp;2445 | &nbsp;&nbsp;&nbsp;&nbsp;159438 |
| Caleres, Inc. (B) | &nbsp;&nbsp;6562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85568 |
| Camping World Holdings, Inc., Class A | 11574 | &nbsp;&nbsp;&nbsp;&nbsp;182753 |
| Citi Trends, Inc. (A) | &nbsp;&nbsp;1052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32644 |
| EVgo, Inc. (A) | 25006 | &nbsp;&nbsp;&nbsp;&nbsp;118278 |
| Genesco, Inc. (A) | &nbsp;&nbsp;2080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60299 |
| Group 1 Automotive, Inc. | &nbsp;&nbsp;2393 | &nbsp;&nbsp;&nbsp;1046961 |
| Haverty Furniture Companies, Inc. | &nbsp;&nbsp;2824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61930 |
| Lands' End, Inc. (A)(B) | &nbsp;&nbsp;2693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37971 |
| MarineMax, Inc. (A) | &nbsp;&nbsp;3695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93594 |
| Monro, Inc. (B) | &nbsp;&nbsp;5982 | &nbsp;&nbsp;&nbsp;&nbsp;107497 |
| National Vision Holdings, Inc. (A) | 14897 | &nbsp;&nbsp;&nbsp;&nbsp;434843 |
| OneWater Marine, Inc., Class A (A)(B) | &nbsp;&nbsp;2446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38745 |
| Petco Health & Wellness Company, Inc. (A) | 14946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57841 |
| Revolve Group, Inc. (A) | &nbsp;&nbsp;7844 | &nbsp;&nbsp;&nbsp;&nbsp;167077 |
| Sally Beauty Holdings, Inc. (A) | 19849 | &nbsp;&nbsp;&nbsp;&nbsp;323142 |
| Shoe Carnival, Inc. | &nbsp;&nbsp;3568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74179 |
| Signet Jewelers, Ltd. (B) | &nbsp;&nbsp;7546 | &nbsp;&nbsp;&nbsp;&nbsp;723812 |
| Sleep Number Corp. (A)(B) | &nbsp;&nbsp;4323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30347 |
| Sonic Automotive, Inc., Class A | &nbsp;&nbsp;2826 | &nbsp;&nbsp;&nbsp;&nbsp;215030 |
| Stitch Fix, Inc., Class A (A) | 21416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93160 |
| The Buckle, Inc. | &nbsp;&nbsp;6047 | &nbsp;&nbsp;&nbsp;&nbsp;354717 |
| The ODP Corp. (A) | &nbsp;&nbsp;5396 | &nbsp;&nbsp;&nbsp;&nbsp;150279 |
| The RealReal, Inc. (A)(B) | 18262 | &nbsp;&nbsp;&nbsp;&nbsp;194125 |
| ThredUp, Inc., Class A (A) | 17637 | &nbsp;&nbsp;&nbsp;&nbsp;166670 |
| Tile Shop Holdings, Inc. (A) | &nbsp;&nbsp;6125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37056 |
| Upbound Group, Inc. | 10185 | &nbsp;&nbsp;&nbsp;&nbsp;240672 |
| Urban Outfitters, Inc. (A) | 11574 | &nbsp;&nbsp;&nbsp;&nbsp;826731 |
| Victoria's Secret & Company (A) | 13114 | &nbsp;&nbsp;&nbsp;&nbsp;355914 |
| Warby Parker, Inc., Class A (A) | 18887 | &nbsp;&nbsp;&nbsp;&nbsp;520903 |
| Winmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp;290200 |
| Zumiez, Inc. (A) | &nbsp;&nbsp;2388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46829 |
|  |  | 12215229 |
| **Textiles, apparel and luxury goods – 0.6%** | **Textiles, apparel and luxury goods – 0.6%** |  |
| Capri Holdings, Ltd. (A) | 22375 | &nbsp;&nbsp;&nbsp;&nbsp;445710 |
| Carter's, Inc. | &nbsp;&nbsp;6835 | &nbsp;&nbsp;&nbsp;&nbsp;192884 |
| Ermenegildo Zegna NV | 12464 | &nbsp;&nbsp;&nbsp;&nbsp;117785 |
| Figs, Inc., Class A (A) | 17372 | &nbsp;&nbsp;&nbsp;&nbsp;116219 |
| G-III Apparel Group, Ltd. (A) | &nbsp;&nbsp;7546 | &nbsp;&nbsp;&nbsp;&nbsp;200799 |
| Hanesbrands, Inc. (A) | 67231 | &nbsp;&nbsp;&nbsp;&nbsp;443052 |
| Kontoor Brands, Inc. | 10509 | &nbsp;&nbsp;&nbsp;&nbsp;838303 |
| Lakeland Industries, Inc. (B) | &nbsp;&nbsp;2238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33122 |
| Movado Group, Inc. | &nbsp;&nbsp;2960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56151 |
| Oxford Industries, Inc. | &nbsp;&nbsp;2729 | &nbsp;&nbsp;&nbsp;&nbsp;110634 |
| Rocky Brands, Inc. | &nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41855 |
| Steven Madden, Ltd. (B) | 13319 | &nbsp;&nbsp;&nbsp;&nbsp;445920 |
| Superior Group of Companies, Inc. | &nbsp;&nbsp;2714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29094 |
| Wolverine World Wide, Inc. | 15480 | &nbsp;&nbsp;&nbsp;&nbsp;424771 |
|  |  | &nbsp;&nbsp;&nbsp;3496299 |
|  |  | 53195748 |
| **Consumer staples – 1.9%** |  |  |
| **Beverages – 0.1%** | **Beverages – 0.1%** |  |
| MGP Ingredients, Inc. | &nbsp;&nbsp;2709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65531 |
| National Beverage Corp. (A) | &nbsp;&nbsp;4769 | &nbsp;&nbsp;&nbsp;&nbsp;176071 |
| The Vita Coco Company, Inc. (A) | &nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;355304 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;596906 |
| **Consumer staples distribution and retail – 0.5%** | **Consumer staples distribution and retail – 0.5%** |  |
| Grocery Outlet Holding Corp. (A) | 18221 | &nbsp;&nbsp;&nbsp;&nbsp;292447 |
| Guardian Pharmacy Services, Inc., Class A (A) | &nbsp;&nbsp;3565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93510 |
| Ingles Markets, Inc., Class A | &nbsp;&nbsp;2773 | &nbsp;&nbsp;&nbsp;&nbsp;192890 |
| Natural Grocers by Vitamin Cottage, Inc. | &nbsp;&nbsp;2574 | &nbsp;&nbsp;&nbsp;&nbsp;102960 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer staples distribution and retail (continued)** | **Consumer staples distribution and retail (continued)** |  |
| PriceSmart, Inc. | &nbsp;&nbsp;4904 | $&nbsp;&nbsp;&nbsp;&nbsp;594316 |
| The Andersons, Inc. | &nbsp;&nbsp;6287 | &nbsp;&nbsp;&nbsp;&nbsp;250285 |
| The Chefs' Warehouse, Inc. (A) | &nbsp;&nbsp;6949 | &nbsp;&nbsp;&nbsp;&nbsp;405335 |
| United Natural Foods, Inc. (A) | 11532 | &nbsp;&nbsp;&nbsp;&nbsp;433834 |
| Village Super Market, Inc., Class A | &nbsp;&nbsp;1897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70872 |
| Weis Markets, Inc. (B) | &nbsp;&nbsp;3223 | &nbsp;&nbsp;&nbsp;&nbsp;231637 |
|  |  | &nbsp;&nbsp;&nbsp;2668086 |
| **Food products – 0.7%** | **Food products – 0.7%** |  |
| Alico, Inc. | &nbsp;&nbsp;1272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44088 |
| B&G Foods, Inc. (B) | 15134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67044 |
| Beyond Meat, Inc. (A)(B) | 14964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28282 |
| BRC, Inc., Class A (A) | 18669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29124 |
| Calavo Growers, Inc. | &nbsp;&nbsp;3301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84968 |
| Cal-Maine Foods, Inc. | &nbsp;&nbsp;8733 | &nbsp;&nbsp;&nbsp;&nbsp;821775 |
| Dole PLC | 12740 | &nbsp;&nbsp;&nbsp;&nbsp;171226 |
| Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;6275 | &nbsp;&nbsp;&nbsp;&nbsp;217868 |
| J&J Snack Foods Corp. | &nbsp;&nbsp;2992 | &nbsp;&nbsp;&nbsp;&nbsp;287501 |
| John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;1476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94877 |
| Lifeway Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23624 |
| Limoneira Company | &nbsp;&nbsp;3676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54589 |
| Mama's Creations, Inc. (A) | &nbsp;&nbsp;7029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73875 |
| Mission Produce, Inc. (A) | &nbsp;&nbsp;7183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86340 |
| Seneca Foods Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95635 |
| SunOpta, Inc. (A) | 18897 | &nbsp;&nbsp;&nbsp;&nbsp;110736 |
| The Hain Celestial Group, Inc. (A) | 19198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30333 |
| The Marzetti Company | &nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp;&nbsp;659194 |
| The Simply Good Foods Company (A) | 17809 | &nbsp;&nbsp;&nbsp;&nbsp;442019 |
| Tootsie Roll Industries, Inc. (B) | &nbsp;&nbsp;3547 | &nbsp;&nbsp;&nbsp;&nbsp;148690 |
| TreeHouse Foods, Inc. (A) | &nbsp;&nbsp;9568 | &nbsp;&nbsp;&nbsp;&nbsp;193369 |
| Utz Brands, Inc. | 13909 | &nbsp;&nbsp;&nbsp;&nbsp;168994 |
| Vital Farms, Inc. (A) | &nbsp;&nbsp;6609 | &nbsp;&nbsp;&nbsp;&nbsp;271960 |
| Westrock Coffee Company (A)(B) | &nbsp;&nbsp;7656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37208 |
|  |  | &nbsp;&nbsp;&nbsp;4243319 |
| **Household products – 0.3%** | **Household products – 0.3%** |  |
| Central Garden & Pet Company (A) | &nbsp;&nbsp;1057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34511 |
| Central Garden & Pet Company, Class A (A) | 10824 | &nbsp;&nbsp;&nbsp;&nbsp;319633 |
| Energizer Holdings, Inc. | 12607 | &nbsp;&nbsp;&nbsp;&nbsp;313788 |
| Oil-Dri Corp. of America | &nbsp;&nbsp;1971 | &nbsp;&nbsp;&nbsp;&nbsp;120310 |
| Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;4346 | &nbsp;&nbsp;&nbsp;&nbsp;228295 |
| WD-40 Company | &nbsp;&nbsp;2594 | &nbsp;&nbsp;&nbsp;&nbsp;512574 |
|  |  | &nbsp;&nbsp;&nbsp;1529111 |
| **Personal care products – 0.2%** | **Personal care products – 0.2%** |  |
| Edgewell Personal Care Company | &nbsp;&nbsp;8943 | &nbsp;&nbsp;&nbsp;&nbsp;182079 |
| Herbalife, Ltd. (A) | 19754 | &nbsp;&nbsp;&nbsp;&nbsp;166724 |
| Interparfums, Inc. | &nbsp;&nbsp;3476 | &nbsp;&nbsp;&nbsp;&nbsp;341969 |
| Medifast, Inc. (A)(B) | &nbsp;&nbsp;2322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31742 |
| Nature's Sunshine Products, Inc. (A) | &nbsp;&nbsp;3432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53265 |
| Nu Skin Enterprises, Inc., Class A | &nbsp;&nbsp;9428 | &nbsp;&nbsp;&nbsp;&nbsp;114927 |
| Olaplex Holdings, Inc. (A)(B) | 28920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37885 |
| The Beauty Health Company (A)(B) | 23375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46516 |
| The Honest Company, Inc. (A)(B) | 17927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65971 |
| USANA Health Sciences, Inc. (A) | &nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61161 |
|  |  | &nbsp;&nbsp;&nbsp;1102239 |
| **Tobacco – 0.1%** | **Tobacco – 0.1%** |  |
| Turning Point Brands, Inc. | &nbsp;&nbsp;3315 | &nbsp;&nbsp;&nbsp;&nbsp;327721 |
| Universal Corp. | &nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp;257002 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;584723 |
|  |  | 10724384 |
| **Energy – 4.6%** |  |  |
| **Energy equipment and services – 1.5%** | **Energy equipment and services – 1.5%** |  |
| Archrock, Inc. | 31419 | &nbsp;&nbsp;&nbsp;&nbsp;826634 |
| Aris Water Solutions, Inc., Class A | &nbsp;&nbsp;5959 | &nbsp;&nbsp;&nbsp;&nbsp;146949 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Energy equipment and services (continued)** | **Energy equipment and services (continued)** |  |
| Atlas Energy Solutions, Inc. (B) | &nbsp;&nbsp;14927 | $&nbsp;&nbsp;&nbsp;&nbsp;169720 |
| Borr Drilling, Ltd. (A)(B) | &nbsp;&nbsp;48866 | &nbsp;&nbsp;&nbsp;&nbsp;131450 |
| Bristow Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5561 | &nbsp;&nbsp;&nbsp;&nbsp;200641 |
| Cactus, Inc., Class A | &nbsp;&nbsp;13003 | &nbsp;&nbsp;&nbsp;&nbsp;513228 |
| Core Laboratories, Inc. | &nbsp;&nbsp;&nbsp;9578 | &nbsp;&nbsp;&nbsp;&nbsp;118384 |
| DMC Global, Inc. (A) | &nbsp;&nbsp;&nbsp;4045 | &nbsp;&nbsp;&nbsp;&nbsp;34180 |
| Expro Group Holdings NV (A) | &nbsp;&nbsp;19881 | &nbsp;&nbsp;&nbsp;&nbsp;236186 |
| Flowco Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;3873 | &nbsp;&nbsp;&nbsp;&nbsp;57514 |
| Forum Energy Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;2425 | &nbsp;&nbsp;&nbsp;&nbsp;64772 |
| Helix Energy Solutions Group, Inc. (A) | &nbsp;&nbsp;27075 | &nbsp;&nbsp;&nbsp;&nbsp;177612 |
| Helmerich & Payne, Inc. | &nbsp;&nbsp;18276 | &nbsp;&nbsp;&nbsp;&nbsp;403717 |
| Innovex International, Inc. (A) | &nbsp;&nbsp;&nbsp;7675 | &nbsp;&nbsp;&nbsp;&nbsp;142295 |
| Kodiak Gas Services, Inc. | &nbsp;&nbsp;12465 | &nbsp;&nbsp;&nbsp;&nbsp;460831 |
| Liberty Energy, Inc. | &nbsp;&nbsp;29994 | &nbsp;&nbsp;&nbsp;&nbsp;370126 |
| Nabors Industries, Ltd. (A)(B) | &nbsp;&nbsp;&nbsp;2826 | &nbsp;&nbsp;&nbsp;&nbsp;115499 |
| National Energy Services Reunited Corp. (A) | &nbsp;&nbsp;11901 | &nbsp;&nbsp;&nbsp;&nbsp;122104 |
| Natural Gas Services Group, Inc. | &nbsp;&nbsp;&nbsp;2011 | &nbsp;&nbsp;&nbsp;&nbsp;56288 |
| Noble Corp. PLC | &nbsp;&nbsp;23938 | &nbsp;&nbsp;&nbsp;&nbsp;676967 |
| Oceaneering International, Inc. (A) | &nbsp;&nbsp;18045 | &nbsp;&nbsp;&nbsp;&nbsp;447155 |
| Oil States International, Inc. (A) | &nbsp;&nbsp;11547 | &nbsp;&nbsp;&nbsp;&nbsp;69975 |
| Patterson-UTI Energy, Inc. | &nbsp;&nbsp;67245 | &nbsp;&nbsp;&nbsp;&nbsp;348329 |
| ProPetro Holding Corp. (A) | &nbsp;&nbsp;15703 | &nbsp;&nbsp;&nbsp;&nbsp;82284 |
| Ranger Energy Services, Inc., Class A | &nbsp;&nbsp;&nbsp;3886 | &nbsp;&nbsp;&nbsp;&nbsp;54559 |
| RPC, Inc. | &nbsp;&nbsp;18048 | &nbsp;&nbsp;&nbsp;&nbsp;85908 |
| Seadrill, Ltd. (A) | &nbsp;&nbsp;11969 | &nbsp;&nbsp;&nbsp;&nbsp;361583 |
| Select Water Solutions, Inc. | &nbsp;&nbsp;18137 | &nbsp;&nbsp;&nbsp;&nbsp;193885 |
| Solaris Energy Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;7052 | &nbsp;&nbsp;&nbsp;&nbsp;281868 |
| TETRA Technologies, Inc. (A) | &nbsp;&nbsp;26154 | &nbsp;&nbsp;&nbsp;&nbsp;150386 |
| Tidewater, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;9270 | &nbsp;&nbsp;&nbsp;&nbsp;494369 |
| Transocean, Ltd. (A)(B) | 142788 | &nbsp;&nbsp;&nbsp;&nbsp;445499 |
| Valaris, Ltd. (A)(B) | &nbsp;&nbsp;12107 | &nbsp;&nbsp;&nbsp;&nbsp;590458 |
|  |  | 8631355 |
| **Oil, gas and consumable fuels – 3.1%** | **Oil, gas and consumable fuels – 3.1%** |  |
| Ardmore Shipping Corp. | &nbsp;&nbsp;&nbsp;6553 | &nbsp;&nbsp;&nbsp;&nbsp;77784 |
| Berry Corp. | &nbsp;&nbsp;16888 | &nbsp;&nbsp;&nbsp;&nbsp;63837 |
| BKV Corp. (A) | &nbsp;&nbsp;&nbsp;3407 | &nbsp;&nbsp;&nbsp;&nbsp;78804 |
| California Resources Corp. | &nbsp;&nbsp;12801 | &nbsp;&nbsp;&nbsp;&nbsp;680757 |
| Calumet, Inc. (A)(B) | &nbsp;&nbsp;13332 | &nbsp;&nbsp;&nbsp;&nbsp;243309 |
| Centrus Energy Corp., Class A (A) | &nbsp;&nbsp;&nbsp;2982 | &nbsp;&nbsp;&nbsp;&nbsp;924629 |
| Clean Energy Fuels Corp. (A) | &nbsp;&nbsp;34875 | &nbsp;&nbsp;&nbsp;&nbsp;89978 |
| CNX Resources Corp. (A)(B) | &nbsp;&nbsp;26059 | &nbsp;&nbsp;&nbsp;&nbsp;837015 |
| Comstock Resources, Inc. (A) | &nbsp;&nbsp;14229 | &nbsp;&nbsp;&nbsp;&nbsp;282161 |
| Core Natural Resources, Inc. | &nbsp;&nbsp;10093 | &nbsp;&nbsp;&nbsp;&nbsp;842564 |
| Crescent Energy Company, Class A | &nbsp;&nbsp;34115 | &nbsp;&nbsp;&nbsp;&nbsp;304306 |
| CVR Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;5995 | &nbsp;&nbsp;&nbsp;&nbsp;218698 |
| Delek US Holdings, Inc. | &nbsp;&nbsp;11726 | &nbsp;&nbsp;&nbsp;&nbsp;378398 |
| DHT Holdings, Inc. | &nbsp;&nbsp;24271 | &nbsp;&nbsp;&nbsp;&nbsp;290038 |
| Diversified Energy Company PLC | &nbsp;&nbsp;10789 | &nbsp;&nbsp;&nbsp;&nbsp;151154 |
| Dorian LPG, Ltd. | &nbsp;&nbsp;&nbsp;7069 | &nbsp;&nbsp;&nbsp;&nbsp;210656 |
| Encore Energy Corp. (A) | &nbsp;&nbsp;36597 | &nbsp;&nbsp;&nbsp;&nbsp;117476 |
| Energy Fuels, Inc. (A)(B) | &nbsp;&nbsp;41239 | &nbsp;&nbsp;&nbsp;&nbsp;633019 |
| Epsilon Energy, Ltd. | &nbsp;&nbsp;&nbsp;4864 | &nbsp;&nbsp;&nbsp;&nbsp;24515 |
| Evolution Petroleum Corp. (B) | &nbsp;&nbsp;&nbsp;6994 | &nbsp;&nbsp;&nbsp;&nbsp;33711 |
| Excelerate Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;4455 | &nbsp;&nbsp;&nbsp;&nbsp;112221 |
| FLEX LNG, Ltd. (New York Stock Exchange) (A) | &nbsp;&nbsp;&nbsp;5848 | &nbsp;&nbsp;&nbsp;&nbsp;147370 |
| Gevo, Inc. (A) | &nbsp;&nbsp;45530 | &nbsp;&nbsp;&nbsp;&nbsp;89239 |
| Golar LNG, Ltd. | &nbsp;&nbsp;19019 | &nbsp;&nbsp;&nbsp;&nbsp;768558 |
| Granite Ridge Resources, Inc. (B) | &nbsp;&nbsp;11810 | &nbsp;&nbsp;&nbsp;&nbsp;63892 |
| Green Plains, Inc. (A) | &nbsp;&nbsp;12688 | &nbsp;&nbsp;&nbsp;&nbsp;111528 |
| Gulfport Energy Corp. (A) | &nbsp;&nbsp;&nbsp;2899 | &nbsp;&nbsp;&nbsp;&nbsp;524661 |
| HighPeak Energy, Inc. (B) | &nbsp;&nbsp;&nbsp;4007 | &nbsp;&nbsp;&nbsp;&nbsp;28329 |
| Infinity Natural Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3062 | &nbsp;&nbsp;&nbsp;&nbsp;40143 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| International Seaways, Inc. | &nbsp;&nbsp;7656 | $&nbsp;&nbsp;&nbsp;&nbsp;352788 |
| Kinetik Holdings, Inc. (B) | &nbsp;&nbsp;8461 | &nbsp;&nbsp;&nbsp;&nbsp;361623 |
| Kosmos Energy, Ltd. (A)(B) | 94140 | &nbsp;&nbsp;&nbsp;&nbsp;156272 |
| Lightbridge Corp. (A) | &nbsp;&nbsp;3652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77459 |
| Magnolia Oil & Gas Corp., Class A | 35249 | &nbsp;&nbsp;&nbsp;&nbsp;841394 |
| Murphy Oil Corp. | 25549 | &nbsp;&nbsp;&nbsp;&nbsp;725847 |
| NACCO Industries, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33138 |
| Navigator Holdings, Ltd. (B) | &nbsp;&nbsp;6323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97943 |
| New Fortress Energy, Inc. (A)(B) | 33226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73429 |
| NextDecade Corp. (A) | 25872 | &nbsp;&nbsp;&nbsp;&nbsp;175671 |
| Nordic American Tankers, Ltd. (B) | 39781 | &nbsp;&nbsp;&nbsp;&nbsp;124912 |
| Northern Oil and Gas, Inc. (B) | 18596 | &nbsp;&nbsp;&nbsp;&nbsp;461181 |
| Par Pacific Holdings, Inc. (A) | &nbsp;&nbsp;9457 | &nbsp;&nbsp;&nbsp;&nbsp;334967 |
| PBF Energy, Inc., Class A | 16057 | &nbsp;&nbsp;&nbsp;&nbsp;484440 |
| Peabody Energy Corp. | 23187 | &nbsp;&nbsp;&nbsp;&nbsp;614919 |
| REX American Resources Corp. (A) | &nbsp;&nbsp;5734 | &nbsp;&nbsp;&nbsp;&nbsp;175575 |
| Riley Exploration Permian, Inc. (B) | &nbsp;&nbsp;2682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72709 |
| Sable Offshore Corp. (A)(B) | 14412 | &nbsp;&nbsp;&nbsp;&nbsp;251634 |
| SandRidge Energy, Inc. | &nbsp;&nbsp;7385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83303 |
| Scorpio Tankers, Inc. | &nbsp;&nbsp;8261 | &nbsp;&nbsp;&nbsp;&nbsp;463029 |
| SFL Corp., Ltd. | 23349 | &nbsp;&nbsp;&nbsp;&nbsp;175818 |
| SM Energy Company | 21646 | &nbsp;&nbsp;&nbsp;&nbsp;540501 |
| Summit Midstream Corp. (A)(B) | &nbsp;&nbsp;1956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40176 |
| Talos Energy, Inc. (A) | 23658 | &nbsp;&nbsp;&nbsp;&nbsp;226880 |
| Teekay Corp., Ltd. | &nbsp;&nbsp;9891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80908 |
| Teekay Tankers, Ltd., Class A (B) | &nbsp;&nbsp;4576 | &nbsp;&nbsp;&nbsp;&nbsp;231317 |
| Uranium Energy Corp. (A) | 81607 | &nbsp;&nbsp;&nbsp;1088637 |
| VAALCO Energy, Inc. (B) | 21190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85184 |
| Vital Energy, Inc. (A)(B) | &nbsp;&nbsp;5825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98384 |
| Vitesse Energy, Inc. (B) | &nbsp;&nbsp;5755 | &nbsp;&nbsp;&nbsp;&nbsp;133689 |
| W&T Offshore, Inc. (B) | 21085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38375 |
| World Kinect Corp. | 10425 | &nbsp;&nbsp;&nbsp;&nbsp;270529 |
|  |  | 17341381 |
|  |  | 25972736 |
| **Financials – 17.3%** |  |  |
| **Banks – 9.6%** | **Banks – 9.6%** |  |
| 1st Source Corp. | &nbsp;&nbsp;3644 | &nbsp;&nbsp;&nbsp;&nbsp;224325 |
| ACNB Corp. | &nbsp;&nbsp;2094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92220 |
| Amalgamated Financial Corp. | &nbsp;&nbsp;4571 | &nbsp;&nbsp;&nbsp;&nbsp;124103 |
| Amerant Bancorp, Inc. | &nbsp;&nbsp;7620 | &nbsp;&nbsp;&nbsp;&nbsp;146837 |
| Ameris Bancorp | 12337 | &nbsp;&nbsp;&nbsp;&nbsp;904425 |
| Ames National Corp. | &nbsp;&nbsp;1851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37427 |
| Arrow Financial Corp. | &nbsp;&nbsp;3602 | &nbsp;&nbsp;&nbsp;&nbsp;101937 |
| Associated Banc-Corp. | 30271 | &nbsp;&nbsp;&nbsp;&nbsp;778267 |
| Atlantic Union Bankshares Corp. | 27082 | &nbsp;&nbsp;&nbsp;&nbsp;955724 |
| Axos Financial, Inc. (A) | 10098 | &nbsp;&nbsp;&nbsp;&nbsp;854796 |
| Banc of California, Inc. | 25594 | &nbsp;&nbsp;&nbsp;&nbsp;423581 |
| BancFirst Corp. | &nbsp;&nbsp;4013 | &nbsp;&nbsp;&nbsp;&nbsp;507444 |
| Bank First Corp. | &nbsp;&nbsp;1840 | &nbsp;&nbsp;&nbsp;&nbsp;223210 |
| Bank of Hawaii Corp. | &nbsp;&nbsp;7326 | &nbsp;&nbsp;&nbsp;&nbsp;480879 |
| Bank of Marin Bancorp | &nbsp;&nbsp;3189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77429 |
| Bank7 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43124 |
| BankUnited, Inc. | 13962 | &nbsp;&nbsp;&nbsp;&nbsp;532790 |
| Bankwell Financial Group, Inc. | &nbsp;&nbsp;1480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65490 |
| Banner Corp. | &nbsp;&nbsp;6303 | &nbsp;&nbsp;&nbsp;&nbsp;412847 |
| Bar Harbor Bankshares | &nbsp;&nbsp;3219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98051 |
| BayCom Corp. | &nbsp;&nbsp;2426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69748 |
| BCB Bancorp, Inc. | &nbsp;&nbsp;4324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37532 |
| Beacon Financial Corp. | 16729 | &nbsp;&nbsp;&nbsp;&nbsp;396645 |
| Blue Foundry Bancorp (A) | &nbsp;&nbsp;5214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47395 |
| Blue Ridge Bankshares, Inc. (A) | 13400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56682 |
| Bridgewater Bancshares, Inc. (A) | &nbsp;&nbsp;4343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76437 |
| Burke & Herbert Financial Services Corp. | &nbsp;&nbsp;2613 | &nbsp;&nbsp;&nbsp;&nbsp;161196 |
| Business First Bancshares, Inc. | &nbsp;&nbsp;5905 | &nbsp;&nbsp;&nbsp;&nbsp;139417 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| BV Financial, Inc. (A) | &nbsp;&nbsp;1986 | $&nbsp;&nbsp;&nbsp;&nbsp;32014 |
| Byline Bancorp, Inc. | &nbsp;&nbsp;6167 | &nbsp;&nbsp;&nbsp;&nbsp;171011 |
| C&F Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;651 | &nbsp;&nbsp;&nbsp;&nbsp;43747 |
| Cadence Bank | 34045 | 1278049 |
| California BanCorp (A) | &nbsp;&nbsp;4398 | &nbsp;&nbsp;&nbsp;&nbsp;73359 |
| Camden National Corp. | &nbsp;&nbsp;3260 | &nbsp;&nbsp;&nbsp;&nbsp;125803 |
| Capital Bancorp, Inc. | &nbsp;&nbsp;2590 | &nbsp;&nbsp;&nbsp;&nbsp;82621 |
| Capital City Bank Group, Inc. | &nbsp;&nbsp;3014 | &nbsp;&nbsp;&nbsp;&nbsp;125955 |
| Capitol Federal Financial, Inc. | 24342 | &nbsp;&nbsp;&nbsp;&nbsp;154572 |
| Carter Bankshares, Inc. (A) | &nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;93168 |
| Cathay General Bancorp | 12639 | &nbsp;&nbsp;&nbsp;&nbsp;606798 |
| CB Financial Services, Inc. (B) | &nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp;36863 |
| Central Pacific Financial Corp. | &nbsp;&nbsp;5162 | &nbsp;&nbsp;&nbsp;&nbsp;156615 |
| Chemung Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;957 | &nbsp;&nbsp;&nbsp;&nbsp;50262 |
| ChoiceOne Financial Services, Inc. (B) | &nbsp;&nbsp;2776 | &nbsp;&nbsp;&nbsp;&nbsp;80393 |
| Citizens & Northern Corp. | &nbsp;&nbsp;3419 | &nbsp;&nbsp;&nbsp;&nbsp;67730 |
| Citizens Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;57628 |
| City Holding Company | &nbsp;&nbsp;2686 | &nbsp;&nbsp;&nbsp;&nbsp;332715 |
| Civista Bancshares, Inc. | &nbsp;&nbsp;3381 | &nbsp;&nbsp;&nbsp;&nbsp;68668 |
| CNB Financial Corp. | &nbsp;&nbsp;6376 | &nbsp;&nbsp;&nbsp;&nbsp;154299 |
| Coastal Financial Corp. (A) | &nbsp;&nbsp;2488 | &nbsp;&nbsp;&nbsp;&nbsp;269127 |
| Colony Bankcorp, Inc. | &nbsp;&nbsp;3947 | &nbsp;&nbsp;&nbsp;&nbsp;67138 |
| Columbia Financial, Inc. (A) | &nbsp;&nbsp;6217 | &nbsp;&nbsp;&nbsp;&nbsp;93317 |
| Community Financial System, Inc. | 10085 | &nbsp;&nbsp;&nbsp;&nbsp;591384 |
| Community Trust Bancorp, Inc. | &nbsp;&nbsp;3268 | &nbsp;&nbsp;&nbsp;&nbsp;182845 |
| Community West Bancshares | &nbsp;&nbsp;3585 | &nbsp;&nbsp;&nbsp;&nbsp;74711 |
| ConnectOne Bancorp, Inc. | &nbsp;&nbsp;9242 | &nbsp;&nbsp;&nbsp;&nbsp;229294 |
| Customers Bancorp, Inc. (A) | &nbsp;&nbsp;5567 | &nbsp;&nbsp;&nbsp;&nbsp;363915 |
| CVB Financial Corp. | 24987 | &nbsp;&nbsp;&nbsp;&nbsp;472504 |
| Dime Community Bancshares, Inc. | &nbsp;&nbsp;7718 | &nbsp;&nbsp;&nbsp;&nbsp;230228 |
| Eagle Bancorp, Inc. | &nbsp;&nbsp;5820 | &nbsp;&nbsp;&nbsp;&nbsp;117680 |
| Eagle Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;37300 |
| Eastern Bankshares, Inc. | 37233 | &nbsp;&nbsp;&nbsp;&nbsp;675779 |
| Enterprise Financial Services Corp. | &nbsp;&nbsp;6951 | &nbsp;&nbsp;&nbsp;&nbsp;403019 |
| Equity Bancshares, Inc., Class A | &nbsp;&nbsp;3186 | &nbsp;&nbsp;&nbsp;&nbsp;129670 |
| Esquire Financial Holdings, Inc. | &nbsp;&nbsp;1406 | &nbsp;&nbsp;&nbsp;&nbsp;143489 |
| Farmers & Merchants Bancorp, Inc. | &nbsp;&nbsp;2573 | &nbsp;&nbsp;&nbsp;&nbsp;64351 |
| Farmers National Banc Corp. | &nbsp;&nbsp;8295 | &nbsp;&nbsp;&nbsp;&nbsp;119531 |
| FB Bancorp, Inc. (A) | &nbsp;&nbsp;3356 | &nbsp;&nbsp;&nbsp;&nbsp;40339 |
| FB Financial Corp. | &nbsp;&nbsp;8118 | &nbsp;&nbsp;&nbsp;&nbsp;452497 |
| Fidelity D&D Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;39666 |
| Financial Institutions, Inc. | &nbsp;&nbsp;4074 | &nbsp;&nbsp;&nbsp;&nbsp;110813 |
| First Bancorp (North Carolina) | &nbsp;&nbsp;7720 | &nbsp;&nbsp;&nbsp;&nbsp;408311 |
| First Bancorp (Puerto Rico) | 30097 | &nbsp;&nbsp;&nbsp;&nbsp;663639 |
| First Bank | &nbsp;&nbsp;4782 | &nbsp;&nbsp;&nbsp;&nbsp;77899 |
| First Busey Corp. | 16278 | &nbsp;&nbsp;&nbsp;&nbsp;376836 |
| First Business Financial Services, Inc. | &nbsp;&nbsp;1666 | &nbsp;&nbsp;&nbsp;&nbsp;85399 |
| First Commonwealth Financial Corp. | 19803 | &nbsp;&nbsp;&nbsp;&nbsp;337641 |
| First Community Bankshares, Inc. | &nbsp;&nbsp;3354 | &nbsp;&nbsp;&nbsp;&nbsp;116719 |
| First Community Corp. | &nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;45067 |
| First Financial Bancorp | 17584 | &nbsp;&nbsp;&nbsp;&nbsp;443996 |
| First Financial Bankshares, Inc. | 25723 | &nbsp;&nbsp;&nbsp;&nbsp;865579 |
| First Financial Corp. | &nbsp;&nbsp;2202 | &nbsp;&nbsp;&nbsp;&nbsp;124281 |
| First Financial Northwest, Inc. (A)(B)(C) | &nbsp;&nbsp;1279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716 |
| First Foundation, Inc. (A) | 12431 | &nbsp;&nbsp;&nbsp;&nbsp;69241 |
| First Internet Bancorp | &nbsp;&nbsp;1630 | &nbsp;&nbsp;&nbsp;&nbsp;36561 |
| First Interstate BancSystem, Inc., Class A | 16232 | &nbsp;&nbsp;&nbsp;&nbsp;517314 |
| First Merchants Corp. | 10985 | &nbsp;&nbsp;&nbsp;&nbsp;414135 |
| First Mid Bancshares, Inc. | &nbsp;&nbsp;4264 | &nbsp;&nbsp;&nbsp;&nbsp;161520 |
| First National Corp. | &nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp;38533 |
| First Savings Financial Group, Inc. | &nbsp;&nbsp;1235 | &nbsp;&nbsp;&nbsp;&nbsp;38816 |
| First United Corp. | &nbsp;&nbsp;1254 | &nbsp;&nbsp;&nbsp;&nbsp;46110 |
| First Western Financial, Inc. (A) | &nbsp;&nbsp;1756 | &nbsp;&nbsp;&nbsp;&nbsp;40432 |
| Firstsun Capital Bancorp (A) | &nbsp;&nbsp;2454 | &nbsp;&nbsp;&nbsp;&nbsp;95191 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Five Star Bancorp | &nbsp;&nbsp;3529 | $&nbsp;&nbsp;&nbsp;&nbsp;113634 |
| Flagstar Financial, Inc. | 57995 | &nbsp;&nbsp;&nbsp;&nbsp;669842 |
| Flushing Financial Corp. | &nbsp;&nbsp;6760 | &nbsp;&nbsp;&nbsp;&nbsp;93356 |
| Franklin Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;902 | &nbsp;&nbsp;&nbsp;&nbsp;41492 |
| FS Bancorp, Inc. | &nbsp;&nbsp;1448 | &nbsp;&nbsp;&nbsp;&nbsp;57804 |
| Fulton Financial Corp. | 33494 | &nbsp;&nbsp;&nbsp;&nbsp;623993 |
| FVCBankcorp, Inc. | &nbsp;&nbsp;3639 | &nbsp;&nbsp;&nbsp;&nbsp;47198 |
| GBank Financial Holdings, Inc. (A) | &nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp;71471 |
| German American Bancorp, Inc. (B) | &nbsp;&nbsp;7159 | &nbsp;&nbsp;&nbsp;&nbsp;281134 |
| Glacier Bancorp, Inc. | 22299 | 1085292 |
| Great Southern Bancorp, Inc. | &nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp;108719 |
| Greene County Bancorp, Inc. | &nbsp;&nbsp;1676 | &nbsp;&nbsp;&nbsp;&nbsp;37878 |
| Guaranty Bancshares, Inc. | &nbsp;&nbsp;1865 | &nbsp;&nbsp;&nbsp;&nbsp;90919 |
| Hancock Whitney Corp. | 15763 | &nbsp;&nbsp;&nbsp;&nbsp;986921 |
| Hanmi Financial Corp. | &nbsp;&nbsp;5863 | &nbsp;&nbsp;&nbsp;&nbsp;144757 |
| HarborOne Bancorp, Inc. | &nbsp;&nbsp;8514 | &nbsp;&nbsp;&nbsp;&nbsp;115790 |
| Hawthorn Bancshares, Inc. | &nbsp;&nbsp;1249 | &nbsp;&nbsp;&nbsp;&nbsp;38769 |
| HBT Financial, Inc. | &nbsp;&nbsp;3092 | &nbsp;&nbsp;&nbsp;&nbsp;77918 |
| Heritage Commerce Corp. | 11102 | &nbsp;&nbsp;&nbsp;&nbsp;110243 |
| Heritage Financial Corp. | &nbsp;&nbsp;6687 | &nbsp;&nbsp;&nbsp;&nbsp;161759 |
| Hilltop Holdings, Inc. | &nbsp;&nbsp;8849 | &nbsp;&nbsp;&nbsp;&nbsp;295734 |
| Home Bancorp, Inc. | &nbsp;&nbsp;1479 | &nbsp;&nbsp;&nbsp;&nbsp;80347 |
| Home BancShares, Inc. | 35089 | &nbsp;&nbsp;&nbsp;&nbsp;993019 |
| HomeTrust Bancshares, Inc. | &nbsp;&nbsp;3458 | &nbsp;&nbsp;&nbsp;&nbsp;141571 |
| Hope Bancorp, Inc. | 22773 | &nbsp;&nbsp;&nbsp;&nbsp;245265 |
| Horizon Bancorp, Inc. | &nbsp;&nbsp;8472 | &nbsp;&nbsp;&nbsp;&nbsp;135637 |
| Independent Bank Corp. (Massachusetts) | &nbsp;&nbsp;9253 | &nbsp;&nbsp;&nbsp;&nbsp;640030 |
| Independent Bank Corp. (Michigan) | &nbsp;&nbsp;4213 | &nbsp;&nbsp;&nbsp;&nbsp;130498 |
| International Bancshares Corp. | 10308 | &nbsp;&nbsp;&nbsp;&nbsp;708675 |
| Investar Holding Corp. | &nbsp;&nbsp;2001 | &nbsp;&nbsp;&nbsp;&nbsp;46443 |
| John Marshall Bancorp, Inc. | &nbsp;&nbsp;2602 | &nbsp;&nbsp;&nbsp;&nbsp;51572 |
| Kearny Financial Corp. | 11855 | &nbsp;&nbsp;&nbsp;&nbsp;77887 |
| Lakeland Financial Corp. | &nbsp;&nbsp;4917 | &nbsp;&nbsp;&nbsp;&nbsp;315671 |
| Landmark Bancorp, Inc. | &nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp;29226 |
| LCNB Corp. | &nbsp;&nbsp;2858 | &nbsp;&nbsp;&nbsp;&nbsp;42841 |
| LINKBANCORP, Inc. | &nbsp;&nbsp;4534 | &nbsp;&nbsp;&nbsp;&nbsp;32327 |
| Live Oak Bancshares, Inc. | &nbsp;&nbsp;6782 | &nbsp;&nbsp;&nbsp;&nbsp;238862 |
| Mechanics Bancorp, Class A (A) | &nbsp;&nbsp;3708 | &nbsp;&nbsp;&nbsp;&nbsp;49353 |
| Mercantile Bank Corp. | &nbsp;&nbsp;3192 | &nbsp;&nbsp;&nbsp;&nbsp;143640 |
| Metrocity Bankshares, Inc. | &nbsp;&nbsp;4457 | &nbsp;&nbsp;&nbsp;&nbsp;123414 |
| Metropolitan Bank Holding Corp. | &nbsp;&nbsp;1848 | &nbsp;&nbsp;&nbsp;&nbsp;138267 |
| Mid Penn Bancorp, Inc. | &nbsp;&nbsp;3931 | &nbsp;&nbsp;&nbsp;&nbsp;112584 |
| Middlefield Banc Corp. | &nbsp;&nbsp;1576 | &nbsp;&nbsp;&nbsp;&nbsp;47296 |
| Midland States Bancorp, Inc. | &nbsp;&nbsp;4035 | &nbsp;&nbsp;&nbsp;&nbsp;69160 |
| MidWestOne Financial Group, Inc. | &nbsp;&nbsp;4393 | &nbsp;&nbsp;&nbsp;&nbsp;124278 |
| MVB Financial Corp. | &nbsp;&nbsp;2713 | &nbsp;&nbsp;&nbsp;&nbsp;67988 |
| National Bank Holdings Corp., Class A | &nbsp;&nbsp;7166 | &nbsp;&nbsp;&nbsp;&nbsp;276894 |
| National Bankshares, Inc. | &nbsp;&nbsp;1278 | &nbsp;&nbsp;&nbsp;&nbsp;37624 |
| NB Bancorp, Inc. | &nbsp;&nbsp;6589 | &nbsp;&nbsp;&nbsp;&nbsp;116296 |
| NBT Bancorp, Inc. | &nbsp;&nbsp;9639 | &nbsp;&nbsp;&nbsp;&nbsp;402525 |
| Nicolet Bankshares, Inc. | &nbsp;&nbsp;2587 | &nbsp;&nbsp;&nbsp;&nbsp;347952 |
| Northeast Bank | &nbsp;&nbsp;1423 | &nbsp;&nbsp;&nbsp;&nbsp;142528 |
| Northeast Community Bancorp, Inc. | &nbsp;&nbsp;2546 | &nbsp;&nbsp;&nbsp;&nbsp;52371 |
| Northfield Bancorp, Inc. | &nbsp;&nbsp;7843 | &nbsp;&nbsp;&nbsp;&nbsp;92547 |
| Northpointe Bancshares, Inc. | &nbsp;&nbsp;2307 | &nbsp;&nbsp;&nbsp;&nbsp;39404 |
| Northrim BanCorp, Inc. | &nbsp;&nbsp;4260 | &nbsp;&nbsp;&nbsp;&nbsp;92272 |
| Northwest Bancshares, Inc. | 26475 | &nbsp;&nbsp;&nbsp;&nbsp;328025 |
| Norwood Financial Corp. | &nbsp;&nbsp;1550 | &nbsp;&nbsp;&nbsp;&nbsp;39401 |
| Oak Valley Bancorp | &nbsp;&nbsp;1480 | &nbsp;&nbsp;&nbsp;&nbsp;41692 |
| OceanFirst Financial Corp. | 10959 | &nbsp;&nbsp;&nbsp;&nbsp;192550 |
| OFG Bancorp | &nbsp;&nbsp;8551 | &nbsp;&nbsp;&nbsp;&nbsp;371883 |
| Old National Bancorp | 64417 | 1413953 |
| Old Second Bancorp, Inc. | &nbsp;&nbsp;8126 | &nbsp;&nbsp;&nbsp;&nbsp;140458 |
| OP Bancorp | &nbsp;&nbsp;2671 | &nbsp;&nbsp;&nbsp;&nbsp;37180 |
| Orange County Bancorp, Inc. | &nbsp;&nbsp;2047 | &nbsp;&nbsp;&nbsp;&nbsp;51605 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Origin Bancorp, Inc. | &nbsp;&nbsp;5866 | $&nbsp;&nbsp;&nbsp;&nbsp;202494 |
| Orrstown Financial Services, Inc. | &nbsp;&nbsp;3660 | &nbsp;&nbsp;&nbsp;&nbsp;124367 |
| Park National Corp. | &nbsp;&nbsp;2822 | &nbsp;&nbsp;&nbsp;&nbsp;458660 |
| Parke Bancorp, Inc. | &nbsp;&nbsp;2068 | &nbsp;&nbsp;&nbsp;&nbsp;44565 |
| Pathward Financial, Inc. | &nbsp;&nbsp;4380 | &nbsp;&nbsp;&nbsp;&nbsp;324164 |
| PCB Bancorp | &nbsp;&nbsp;2637 | &nbsp;&nbsp;&nbsp;&nbsp;55377 |
| Peapack-Gladstone Financial Corp. | &nbsp;&nbsp;3299 | &nbsp;&nbsp;&nbsp;&nbsp;91052 |
| Peoples Bancorp, Inc. | &nbsp;&nbsp;6850 | &nbsp;&nbsp;&nbsp;&nbsp;205432 |
| Peoples Financial Services Corp. | &nbsp;&nbsp;1863 | &nbsp;&nbsp;&nbsp;&nbsp;90560 |
| Plumas Bancorp | &nbsp;&nbsp;1188 | &nbsp;&nbsp;&nbsp;&nbsp;51250 |
| Ponce Financial Group, Inc. (A) | &nbsp;&nbsp;4160 | &nbsp;&nbsp;&nbsp;&nbsp;61152 |
| Preferred Bank | &nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;203197 |
| Primis Financial Corp. | &nbsp;&nbsp;4928 | &nbsp;&nbsp;&nbsp;&nbsp;51793 |
| Princeton Bancorp, Inc. | &nbsp;&nbsp;1032 | &nbsp;&nbsp;&nbsp;&nbsp;32859 |
| Provident Bancorp, Inc. (A) | &nbsp;&nbsp;4026 | &nbsp;&nbsp;&nbsp;&nbsp;50446 |
| Provident Financial Services, Inc. | 24235 | &nbsp;&nbsp;&nbsp;&nbsp;467251 |
| QCR Holdings, Inc. | &nbsp;&nbsp;3139 | &nbsp;&nbsp;&nbsp;&nbsp;237434 |
| RBB Bancorp | &nbsp;&nbsp;3613 | &nbsp;&nbsp;&nbsp;&nbsp;67780 |
| Red River Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;976 | &nbsp;&nbsp;&nbsp;&nbsp;63264 |
| Renasant Corp. | 17594 | &nbsp;&nbsp;&nbsp;&nbsp;649043 |
| Republic Bancorp, Inc., Class A | &nbsp;&nbsp;1724 | &nbsp;&nbsp;&nbsp;&nbsp;124559 |
| Richmond Mutual BanCorp, Inc. (B) | &nbsp;&nbsp;2092 | &nbsp;&nbsp;&nbsp;&nbsp;29727 |
| Riverview Bancorp, Inc. | &nbsp;&nbsp;5132 | &nbsp;&nbsp;&nbsp;&nbsp;27559 |
| S&T Bancorp, Inc. | &nbsp;&nbsp;7528 | &nbsp;&nbsp;&nbsp;&nbsp;282978 |
| Seacoast Banking Corp. of Florida | 16428 | &nbsp;&nbsp;&nbsp;&nbsp;499904 |
| ServisFirst Bancshares, Inc. | &nbsp;&nbsp;9849 | &nbsp;&nbsp;&nbsp;&nbsp;793140 |
| Shore Bancshares, Inc. | &nbsp;&nbsp;6498 | &nbsp;&nbsp;&nbsp;&nbsp;106632 |
| Sierra Bancorp | &nbsp;&nbsp;2782 | &nbsp;&nbsp;&nbsp;&nbsp;80428 |
| Simmons First National Corp., Class A | 25796 | &nbsp;&nbsp;&nbsp;&nbsp;494509 |
| SmartFinancial, Inc. | &nbsp;&nbsp;3089 | &nbsp;&nbsp;&nbsp;&nbsp;110370 |
| South Plains Financial, Inc. | &nbsp;&nbsp;2961 | &nbsp;&nbsp;&nbsp;&nbsp;114443 |
| Southern First Bancshares, Inc. (A) | &nbsp;&nbsp;1747 | &nbsp;&nbsp;&nbsp;&nbsp;77078 |
| Southern Missouri Bancorp, Inc. | &nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp;103018 |
| Southside Bancshares, Inc. | &nbsp;&nbsp;5864 | &nbsp;&nbsp;&nbsp;&nbsp;165658 |
| Stellar Bancorp, Inc. | &nbsp;&nbsp;8939 | &nbsp;&nbsp;&nbsp;&nbsp;271209 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;5084 | &nbsp;&nbsp;&nbsp;&nbsp;355829 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp;718505 |
| The Bancorp, Inc. (A) | &nbsp;&nbsp;8668 | &nbsp;&nbsp;&nbsp;&nbsp;649147 |
| The Bank of NT Butterfield & Son, Ltd. | &nbsp;&nbsp;8150 | &nbsp;&nbsp;&nbsp;&nbsp;349798 |
| The First Bancorp, Inc. | &nbsp;&nbsp;2423 | &nbsp;&nbsp;&nbsp;&nbsp;63628 |
| The Hingham Institution for Savings | &nbsp;&nbsp;&nbsp;&nbsp;291 | &nbsp;&nbsp;&nbsp;&nbsp;76760 |
| Third Coast Bancshares, Inc. (A) | &nbsp;&nbsp;2519 | &nbsp;&nbsp;&nbsp;&nbsp;95646 |
| Timberland Bancorp, Inc. | &nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp;52749 |
| Tompkins Financial Corp. | &nbsp;&nbsp;2634 | &nbsp;&nbsp;&nbsp;&nbsp;174397 |
| Towne Bank | 13457 | &nbsp;&nbsp;&nbsp;&nbsp;465208 |
| TriCo Bancshares | &nbsp;&nbsp;5986 | &nbsp;&nbsp;&nbsp;&nbsp;265838 |
| Triumph Financial, Inc. (A) | &nbsp;&nbsp;4282 | &nbsp;&nbsp;&nbsp;&nbsp;214271 |
| Trustmark Corp. | 10554 | &nbsp;&nbsp;&nbsp;&nbsp;417938 |
| UMB Financial Corp. | 13550 | 1603643 |
| United Bankshares, Inc. | 26404 | &nbsp;&nbsp;&nbsp;&nbsp;982493 |
| United Community Banks, Inc. | 22791 | &nbsp;&nbsp;&nbsp;&nbsp;714498 |
| Unity Bancorp, Inc. | &nbsp;&nbsp;1545 | &nbsp;&nbsp;&nbsp;&nbsp;75504 |
| Univest Financial Corp. | &nbsp;&nbsp;5807 | &nbsp;&nbsp;&nbsp;&nbsp;174326 |
| USCB Financial Holdings, Inc. | &nbsp;&nbsp;2103 | &nbsp;&nbsp;&nbsp;&nbsp;36697 |
| Valley National Bancorp | 90569 | &nbsp;&nbsp;&nbsp;&nbsp;960031 |
| Veritex Holdings, Inc. | &nbsp;&nbsp;9866 | &nbsp;&nbsp;&nbsp;&nbsp;330807 |
| Virginia National Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;38500 |
| WaFd, Inc. | 15259 | &nbsp;&nbsp;&nbsp;&nbsp;462195 |
| Washington Trust Bancorp, Inc. | &nbsp;&nbsp;3876 | &nbsp;&nbsp;&nbsp;&nbsp;112016 |
| WesBanco, Inc. | 17710 | &nbsp;&nbsp;&nbsp;&nbsp;565480 |
| West BanCorp, Inc. | &nbsp;&nbsp;3578 | &nbsp;&nbsp;&nbsp;&nbsp;72705 |
| Westamerica BanCorp | &nbsp;&nbsp;4826 | &nbsp;&nbsp;&nbsp;&nbsp;241252 |
| Western New England Bancorp, Inc. | &nbsp;&nbsp;4892 | &nbsp;&nbsp;&nbsp;&nbsp;58753 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| WSFS Financial Corp. | 10879 | $&nbsp;&nbsp;&nbsp;&nbsp;586704 |
|  |  | 53761065 |
| **Capital markets – 1.7%** | **Capital markets – 1.7%** |  |
| Acadian Asset Management, Inc. | &nbsp;&nbsp;5344 | &nbsp;&nbsp;&nbsp;&nbsp;257367 |
| AlTi Global, Inc. (A)(B) | &nbsp;&nbsp;9326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33201 |
| Artisan Partners Asset Management, Inc., Class A | 11733 | &nbsp;&nbsp;&nbsp;&nbsp;509212 |
| Bakkt Holdings, Inc. (A) | &nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70665 |
| BGC Group, Inc., Class A | 68262 | &nbsp;&nbsp;&nbsp;&nbsp;645759 |
| Cohen & Steers, Inc. | &nbsp;&nbsp;5351 | &nbsp;&nbsp;&nbsp;&nbsp;351079 |
| Diamond Hill Investment Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70845 |
| DigitalBridge Group, Inc. | 32837 | &nbsp;&nbsp;&nbsp;&nbsp;384193 |
| Donnelley Financial Solutions, Inc. (A) | &nbsp;&nbsp;5071 | &nbsp;&nbsp;&nbsp;&nbsp;260802 |
| Forge Global Holdings, Inc. (A) | &nbsp;&nbsp;2114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35727 |
| GCM Grosvenor, Inc., Class A (B) | &nbsp;&nbsp;9287 | &nbsp;&nbsp;&nbsp;&nbsp;112094 |
| Marex Group PLC | 10173 | &nbsp;&nbsp;&nbsp;&nbsp;342016 |
| Moelis & Company, Class A | 14048 | &nbsp;&nbsp;&nbsp;1001903 |
| Open Lending Corp. (A) | 21236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44808 |
| P10, Inc., Class A (B) | 10838 | &nbsp;&nbsp;&nbsp;&nbsp;117917 |
| Patria Investments, Ltd., Class A (B) | 11816 | &nbsp;&nbsp;&nbsp;&nbsp;172514 |
| Perella Weinberg Partners | 11697 | &nbsp;&nbsp;&nbsp;&nbsp;249380 |
| Piper Sandler Companies | &nbsp;&nbsp;3295 | &nbsp;&nbsp;&nbsp;1143332 |
| PJT Partners, Inc., Class A | &nbsp;&nbsp;4330 | &nbsp;&nbsp;&nbsp;&nbsp;769571 |
| Silvercrest Asset Management Group, Inc., Class A | &nbsp;&nbsp;2573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40525 |
| StepStone Group, Inc., Class A | 13138 | &nbsp;&nbsp;&nbsp;&nbsp;858043 |
| StoneX Group, Inc. (A) | &nbsp;&nbsp;8625 | &nbsp;&nbsp;&nbsp;&nbsp;870435 |
| Victory Capital Holdings, Inc., Class A (B) | &nbsp;&nbsp;8389 | &nbsp;&nbsp;&nbsp;&nbsp;543272 |
| Virtus Investment Partners, Inc. | &nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;232787 |
| Westwood Holdings Group, Inc. | &nbsp;&nbsp;2235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36855 |
| WisdomTree, Inc. (B) | 22950 | &nbsp;&nbsp;&nbsp;&nbsp;319005 |
|  |  | &nbsp;&nbsp;&nbsp;9473307 |
| **Consumer finance – 1.0%** | **Consumer finance – 1.0%** |  |
| Atlanticus Holdings Corp. (A) | &nbsp;&nbsp;1078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63149 |
| Bread Financial Holdings, Inc. | &nbsp;&nbsp;8828 | &nbsp;&nbsp;&nbsp;&nbsp;492338 |
| Dave, Inc. (A) | &nbsp;&nbsp;1774 | &nbsp;&nbsp;&nbsp;&nbsp;353647 |
| Encore Capital Group, Inc. (A) | &nbsp;&nbsp;4529 | &nbsp;&nbsp;&nbsp;&nbsp;189040 |
| Enova International, Inc. (A) | &nbsp;&nbsp;4620 | &nbsp;&nbsp;&nbsp;&nbsp;531716 |
| FirstCash Holdings, Inc. | &nbsp;&nbsp;7544 | &nbsp;&nbsp;&nbsp;1195120 |
| Green Dot Corp., Class A (A) | 10506 | &nbsp;&nbsp;&nbsp;&nbsp;141096 |
| LendingClub Corp. (A) | 21785 | &nbsp;&nbsp;&nbsp;&nbsp;330914 |
| LendingTree, Inc. (A) | &nbsp;&nbsp;2186 | &nbsp;&nbsp;&nbsp;&nbsp;141500 |
| Medallion Financial Corp. | &nbsp;&nbsp;3628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36643 |
| Navient Corp. | 13376 | &nbsp;&nbsp;&nbsp;&nbsp;175894 |
| Nelnet, Inc., Class A | &nbsp;&nbsp;2412 | &nbsp;&nbsp;&nbsp;&nbsp;302417 |
| NerdWallet, Inc., Class A (A) | &nbsp;&nbsp;8254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88813 |
| Oportun Financial Corp. (A) | &nbsp;&nbsp;6678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41203 |
| OppFi, Inc. | &nbsp;&nbsp;4708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53342 |
| PRA Group, Inc. (A) | &nbsp;&nbsp;7831 | &nbsp;&nbsp;&nbsp;&nbsp;120911 |
| PROG Holdings, Inc. | &nbsp;&nbsp;7645 | &nbsp;&nbsp;&nbsp;&nbsp;247392 |
| Regional Management Corp. | &nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76362 |
| Upstart Holdings, Inc. (A)(B) | 16076 | &nbsp;&nbsp;&nbsp;&nbsp;816661 |
| World Acceptance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64273 |
|  |  | &nbsp;&nbsp;&nbsp;5462431 |
| **Financial services – 2.3%** | **Financial services – 2.3%** |  |
| Acacia Research Corp. (A)(B) | &nbsp;&nbsp;9228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29991 |
| Alerus Financial Corp. | &nbsp;&nbsp;4585 | &nbsp;&nbsp;&nbsp;&nbsp;101512 |
| AvidXchange Holdings, Inc. (A) | 33233 | &nbsp;&nbsp;&nbsp;&nbsp;330668 |
| Banco Latinoamericano de Comercio Exterior SA, Class E | &nbsp;&nbsp;5645 | &nbsp;&nbsp;&nbsp;&nbsp;259501 |
| Better Home & Finance Holding Company (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53951 |
| Burford Capital, Ltd. | 38441 | &nbsp;&nbsp;&nbsp;&nbsp;459754 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financial services (continued)** | **Financial services (continued)** |  |
| Cannae Holdings, Inc. | 11384 | $&nbsp;&nbsp;&nbsp;&nbsp;208441 |
| Cantaloupe, Inc. (A) | 10603 | &nbsp;&nbsp;&nbsp;&nbsp;112074 |
| Cass Information Systems, Inc. | &nbsp;&nbsp;2496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98168 |
| Compass Diversified Holdings | 15629 | &nbsp;&nbsp;&nbsp;&nbsp;103464 |
| Enact Holdings, Inc. | &nbsp;&nbsp;5570 | &nbsp;&nbsp;&nbsp;&nbsp;213554 |
| Essent Group, Ltd. | 18794 | &nbsp;&nbsp;&nbsp;1194547 |
| EVERTEC, Inc. | 12450 | &nbsp;&nbsp;&nbsp;&nbsp;420561 |
| Federal Agricultural Mortgage Corp., Class C | &nbsp;&nbsp;1789 | &nbsp;&nbsp;&nbsp;&nbsp;300516 |
| Flywire Corp. (A) | 22701 | &nbsp;&nbsp;&nbsp;&nbsp;307372 |
| HA Sustainable Infrastructure Capital, Inc. | 23330 | &nbsp;&nbsp;&nbsp;&nbsp;716231 |
| International Money Express, Inc. (A) | &nbsp;&nbsp;5523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77156 |
| Jackson Financial, Inc., Class A | 13577 | &nbsp;&nbsp;&nbsp;1374400 |
| LoanDepot, Inc., Class A (A) | 15391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47250 |
| Marqeta, Inc., Class A (A) | 74076 | &nbsp;&nbsp;&nbsp;&nbsp;391121 |
| Merchants Bancorp | &nbsp;&nbsp;5102 | &nbsp;&nbsp;&nbsp;&nbsp;162244 |
| NCR Atleos Corp. (A) | 14050 | &nbsp;&nbsp;&nbsp;&nbsp;552306 |
| NewtekOne, Inc. | &nbsp;&nbsp;5274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60387 |
| NMI Holdings, Inc. (A) | 14845 | &nbsp;&nbsp;&nbsp;&nbsp;569157 |
| Onity Group, Inc. (A) | &nbsp;&nbsp;1419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56703 |
| PagSeguro Digital, Ltd., Class A | 33876 | &nbsp;&nbsp;&nbsp;&nbsp;338760 |
| Payoneer Global, Inc. (A) | 53759 | &nbsp;&nbsp;&nbsp;&nbsp;325242 |
| Paysafe, Ltd. (A) | &nbsp;&nbsp;6406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82766 |
| Paysign, Inc. (A) | &nbsp;&nbsp;7106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44697 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp;5554 | &nbsp;&nbsp;&nbsp;&nbsp;688030 |
| Priority Technology Holdings, Inc. (A) | &nbsp;&nbsp;5101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35044 |
| Radian Group, Inc. | 25412 | &nbsp;&nbsp;&nbsp;&nbsp;920423 |
| Remitly Global, Inc. (A) | 31761 | &nbsp;&nbsp;&nbsp;&nbsp;517704 |
| Repay Holdings Corp. (A)(B) | 15161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79292 |
| Security National Financial Corp., Class A (A) | &nbsp;&nbsp;3322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28802 |
| Sezzle, Inc. (A)(B) | &nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp;238988 |
| StoneCo, Ltd., Class A (A) | 47554 | &nbsp;&nbsp;&nbsp;&nbsp;899246 |
| Triller Group, Inc. (A) | 20187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16757 |
| TrustCo Bank Corp. NY | &nbsp;&nbsp;3415 | &nbsp;&nbsp;&nbsp;&nbsp;123965 |
| Velocity Financial, Inc. (A) | &nbsp;&nbsp;2423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43953 |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;6301 | &nbsp;&nbsp;&nbsp;&nbsp;526890 |
| Waterstone Financial, Inc. | &nbsp;&nbsp;4032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62899 |
|  |  | 13174487 |
| **Insurance – 1.9%** | **Insurance – 1.9%** |  |
| Abacus Global Management, Inc. (A) | &nbsp;&nbsp;7568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43365 |
| Ambac Financial Group, Inc. (A) | &nbsp;&nbsp;9698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80881 |
| American Coastal Insurance Corp. | &nbsp;&nbsp;4847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55207 |
| AMERISAFE, Inc. | &nbsp;&nbsp;3696 | &nbsp;&nbsp;&nbsp;&nbsp;162033 |
| Aspen Insurance Holdings, Ltd., Class A (A) | &nbsp;&nbsp;3106 | &nbsp;&nbsp;&nbsp;&nbsp;114021 |
| Ategrity Specialty Holdings LLC (A) | &nbsp;&nbsp;1387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27421 |
| Bowhead Specialty Holdings, Inc. (A) | &nbsp;&nbsp;3088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83500 |
| Citizens, Inc. (A)(B) | 10252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53823 |
| CNO Financial Group, Inc. | 18642 | &nbsp;&nbsp;&nbsp;&nbsp;737291 |
| Crawford & Company, Class A | &nbsp;&nbsp;3516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37621 |
| Donegal Group, Inc., Class A | &nbsp;&nbsp;3571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69242 |
| eHealth, Inc. (A) | &nbsp;&nbsp;6233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26864 |
| Employers Holdings, Inc. | &nbsp;&nbsp;4457 | &nbsp;&nbsp;&nbsp;&nbsp;189333 |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp;4112 | &nbsp;&nbsp;&nbsp;&nbsp;128582 |
| Fidelis Insurance Holdings, Ltd. | 11368 | &nbsp;&nbsp;&nbsp;&nbsp;206329 |
| Genworth Financial, Inc. (A) | 77360 | &nbsp;&nbsp;&nbsp;&nbsp;688504 |
| Goosehead Insurance, Inc., Class A | &nbsp;&nbsp;4559 | &nbsp;&nbsp;&nbsp;&nbsp;339281 |
| Greenlight Capital Re, Ltd., Class A (A) | &nbsp;&nbsp;5426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68910 |
| Hamilton Insurance Group, Ltd., Class B (A) | &nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;213280 |
| HCI Group, Inc. | &nbsp;&nbsp;1914 | &nbsp;&nbsp;&nbsp;&nbsp;367354 |
| Heritage Insurance Holdings, Inc. (A) | &nbsp;&nbsp;4232 | &nbsp;&nbsp;&nbsp;&nbsp;106562 |
| Hippo Holdings, Inc. (A)(B) | &nbsp;&nbsp;3514 | &nbsp;&nbsp;&nbsp;&nbsp;127066 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Insurance (continued)** | **Insurance (continued)** |  |
| Horace Mann Educators Corp. | &nbsp;&nbsp;7736 | $&nbsp;&nbsp;&nbsp;&nbsp;349435 |
| Investors Title Company | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70975 |
| James River Group Holdings, Ltd. | &nbsp;&nbsp;7315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40598 |
| Kingstone Companies, Inc. (B) | &nbsp;&nbsp;2187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32149 |
| Kingsway Financial Services, Inc. (A)(B) | &nbsp;&nbsp;3992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58363 |
| Lemonade, Inc. (A)(B) | 10647 | &nbsp;&nbsp;&nbsp;&nbsp;569934 |
| MBIA, Inc. (A)(B) | 10046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74843 |
| Mercury General Corp. | &nbsp;&nbsp;5085 | &nbsp;&nbsp;&nbsp;&nbsp;431106 |
| Oscar Health, Inc., Class A (A)(B) | 36874 | &nbsp;&nbsp;&nbsp;&nbsp;698025 |
| Palomar Holdings, Inc. (A) | &nbsp;&nbsp;5030 | &nbsp;&nbsp;&nbsp;&nbsp;587253 |
| ProAssurance Corp. (A) | &nbsp;&nbsp;9772 | &nbsp;&nbsp;&nbsp;&nbsp;234430 |
| Root, Inc., Class A (A)(B) | &nbsp;&nbsp;2193 | &nbsp;&nbsp;&nbsp;&nbsp;196295 |
| Safety Insurance Group, Inc. | &nbsp;&nbsp;2809 | &nbsp;&nbsp;&nbsp;&nbsp;198568 |
| Selective Insurance Group, Inc. | 11466 | &nbsp;&nbsp;&nbsp;&nbsp;929549 |
| SelectQuote, Inc. (A) | 28126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55127 |
| SiriusPoint, Ltd. (A) | 19770 | &nbsp;&nbsp;&nbsp;&nbsp;357639 |
| Skyward Specialty Insurance Group, Inc. (A) | &nbsp;&nbsp;6806 | &nbsp;&nbsp;&nbsp;&nbsp;323693 |
| Slide Insurance Holdings, Inc. (A) | &nbsp;&nbsp;5242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82745 |
| Stewart Information Services Corp. | &nbsp;&nbsp;5236 | &nbsp;&nbsp;&nbsp;&nbsp;383904 |
| The Baldwin Insurance Group, Inc. (A)(B) | 13406 | &nbsp;&nbsp;&nbsp;&nbsp;378183 |
| Tiptree, Inc. | &nbsp;&nbsp;4807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92150 |
| Trupanion, Inc. (A) | &nbsp;&nbsp;7093 | &nbsp;&nbsp;&nbsp;&nbsp;306985 |
| United Fire Group, Inc. | &nbsp;&nbsp;4189 | &nbsp;&nbsp;&nbsp;&nbsp;127429 |
| Universal Insurance Holdings, Inc. | &nbsp;&nbsp;4907 | &nbsp;&nbsp;&nbsp;&nbsp;129054 |
|  |  | 10634902 |
| **Mortgage real estate investment trusts – 0.8%** | **Mortgage real estate investment trusts – 0.8%** |  |
| ACRES Commercial Realty Corp. (A) | &nbsp;&nbsp;1582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33475 |
| Adamas Trust, Inc. | 17209 | &nbsp;&nbsp;&nbsp;&nbsp;119947 |
| AG Mortgage Investment Trust, Inc. | &nbsp;&nbsp;5887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42622 |
| Apollo Commercial Real Estate Finance, Inc. | 26391 | &nbsp;&nbsp;&nbsp;&nbsp;267341 |
| Arbor Realty Trust, Inc. | 36469 | &nbsp;&nbsp;&nbsp;&nbsp;445286 |
| Ares Commercial Real Estate Corp. | 10605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47829 |
| ARMOUR Residential REIT, Inc. | 20442 | &nbsp;&nbsp;&nbsp;&nbsp;305403 |
| Blackstone Mortgage Trust, Inc., Class A | 30739 | &nbsp;&nbsp;&nbsp;&nbsp;565905 |
| BrightSpire Capital, Inc. | 24768 | &nbsp;&nbsp;&nbsp;&nbsp;134490 |
| Chicago Atlantic Real Estate Finance, Inc. | &nbsp;&nbsp;3689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47182 |
| Chimera Investment Corp. | 14881 | &nbsp;&nbsp;&nbsp;&nbsp;196727 |
| Claros Mortgage Trust, Inc. (A) | 18846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62569 |
| Dynex Capital, Inc. | 22328 | &nbsp;&nbsp;&nbsp;&nbsp;274411 |
| Ellington Financial, Inc. | 17042 | &nbsp;&nbsp;&nbsp;&nbsp;221205 |
| Franklin BSP Realty Trust, Inc. | 15965 | &nbsp;&nbsp;&nbsp;&nbsp;173380 |
| Invesco Mortgage Capital, Inc. | 12715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96125 |
| KKR Real Estate Finance Trust, Inc. | 11456 | &nbsp;&nbsp;&nbsp;&nbsp;103104 |
| Ladder Capital Corp. | 22877 | &nbsp;&nbsp;&nbsp;&nbsp;249588 |
| MFA Financial, Inc. | 19439 | &nbsp;&nbsp;&nbsp;&nbsp;178644 |
| Nexpoint Real Estate Finance, Inc. | &nbsp;&nbsp;2108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29891 |
| Orchid Island Capital, Inc. | 20556 | &nbsp;&nbsp;&nbsp;&nbsp;144098 |
| PennyMac Mortgage Investment Trust | 16461 | &nbsp;&nbsp;&nbsp;&nbsp;201812 |
| Ready Capital Corp. | 32507 | &nbsp;&nbsp;&nbsp;&nbsp;125802 |
| Redwood Trust, Inc. | 25370 | &nbsp;&nbsp;&nbsp;&nbsp;146892 |
| Rithm Property Trust, Inc. | 10168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25623 |
| Seven Hills Realty Trust | &nbsp;&nbsp;3506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36147 |
| TPG RE Finance Trust, Inc. | 12758 | &nbsp;&nbsp;&nbsp;&nbsp;109208 |
| Two Harbors Investment Corp. | 19729 | &nbsp;&nbsp;&nbsp;&nbsp;194725 |
|  |  | &nbsp;&nbsp;&nbsp;4579431 |
|  |  | 97085623 |
| **Health care – 15.4%** |  |  |
| **Biotechnology – 7.2%** | **Biotechnology – 7.2%** |  |
| 4D Molecular Therapeutics, Inc. (A) | &nbsp;&nbsp;8375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72779 |
| 89bio, Inc. (A) | 24104 | &nbsp;&nbsp;&nbsp;&nbsp;354329 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Abeona Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;8991 | $&nbsp;&nbsp;&nbsp;&nbsp;47472 |
| Absci Corp. (A)(B) | 21436 | &nbsp;&nbsp;&nbsp;&nbsp;65165 |
| ACADIA Pharmaceuticals, Inc. (A) | 23764 | &nbsp;&nbsp;&nbsp;&nbsp;507124 |
| ADC Therapeutics SA (A) | 14551 | &nbsp;&nbsp;&nbsp;&nbsp;58204 |
| ADMA Biologics, Inc. (A) | 44253 | &nbsp;&nbsp;&nbsp;&nbsp;648749 |
| Aduro Biotech, Inc. (A)(C) | &nbsp;&nbsp;4010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5618 |
| Agios Pharmaceuticals, Inc. (A) | 10807 | &nbsp;&nbsp;&nbsp;&nbsp;433793 |
| Akebia Therapeutics, Inc. (A)(B) | 48275 | &nbsp;&nbsp;&nbsp;&nbsp;131791 |
| Akero Therapeutics, Inc. (A) | 13384 | &nbsp;&nbsp;&nbsp;&nbsp;635472 |
| Albireo Pharma, Inc. (A)(C) | &nbsp;&nbsp;3774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8114 |
| Aldeyra Therapeutics, Inc. (A)(B) | 11264 | &nbsp;&nbsp;&nbsp;&nbsp;58798 |
| Alector, Inc. (A)(B) | 12225 | &nbsp;&nbsp;&nbsp;&nbsp;36186 |
| Alkermes PLC (A) | 30913 | &nbsp;&nbsp;&nbsp;&nbsp;927390 |
| Allogene Therapeutics, Inc. (A)(B) | 31586 | &nbsp;&nbsp;&nbsp;&nbsp;39167 |
| Altimmune, Inc. (A) | 14956 | &nbsp;&nbsp;&nbsp;&nbsp;56384 |
| Amicus Therapeutics, Inc. (A) | 53665 | &nbsp;&nbsp;&nbsp;&nbsp;422880 |
| AnaptysBio, Inc. (A) | &nbsp;&nbsp;3810 | &nbsp;&nbsp;&nbsp;&nbsp;116662 |
| Anavex Life Sciences Corp. (A) | 16253 | &nbsp;&nbsp;&nbsp;&nbsp;144652 |
| Anika Therapeutics, Inc. (A) | &nbsp;&nbsp;2997 | &nbsp;&nbsp;&nbsp;&nbsp;28172 |
| Annexon, Inc. (A) | 19295 | &nbsp;&nbsp;&nbsp;&nbsp;58850 |
| Apogee Therapeutics, Inc. (A) | &nbsp;&nbsp;6153 | &nbsp;&nbsp;&nbsp;&nbsp;244459 |
| Arbutus Biopharma Corp. (A) | 31366 | &nbsp;&nbsp;&nbsp;&nbsp;142402 |
| Arcellx, Inc. (A) | &nbsp;&nbsp;6498 | &nbsp;&nbsp;&nbsp;&nbsp;533486 |
| Arcturus Therapeutics Holdings, Inc. (A) | &nbsp;&nbsp;5052 | &nbsp;&nbsp;&nbsp;&nbsp;93108 |
| Arcus Biosciences, Inc. (A) | 13758 | &nbsp;&nbsp;&nbsp;&nbsp;187109 |
| Arcutis Biotherapeutics, Inc. (A) | 20448 | &nbsp;&nbsp;&nbsp;&nbsp;385445 |
| Ardelyx, Inc. (A) | 45633 | &nbsp;&nbsp;&nbsp;&nbsp;251438 |
| ArriVent Biopharma, Inc. (A)(B) | &nbsp;&nbsp;4724 | &nbsp;&nbsp;&nbsp;&nbsp;87158 |
| Arrowhead Pharmaceuticals, Inc. (A) | 23149 | &nbsp;&nbsp;&nbsp;&nbsp;798409 |
| ARS Pharmaceuticals, Inc. (A)(B) | 10616 | &nbsp;&nbsp;&nbsp;&nbsp;106691 |
| Astria Therapeutics, Inc. (A) | &nbsp;&nbsp;8731 | &nbsp;&nbsp;&nbsp;&nbsp;63562 |
| Aura Biosciences, Inc. (A)(B) | &nbsp;&nbsp;8459 | &nbsp;&nbsp;&nbsp;&nbsp;52277 |
| Aurinia Pharmaceuticals, Inc. (A) | 21460 | &nbsp;&nbsp;&nbsp;&nbsp;237133 |
| Avidity Biosciences, Inc. (A) | 19325 | &nbsp;&nbsp;&nbsp;&nbsp;841990 |
| Beam Therapeutics, Inc. (A)(B) | 18376 | &nbsp;&nbsp;&nbsp;&nbsp;445986 |
| Bicara Therapeutics, Inc. (A) | &nbsp;&nbsp;6761 | &nbsp;&nbsp;&nbsp;&nbsp;106756 |
| BioCryst Pharmaceuticals, Inc. (A) | 40107 | &nbsp;&nbsp;&nbsp;&nbsp;304412 |
| Biohaven, Ltd. (A) | 17459 | &nbsp;&nbsp;&nbsp;&nbsp;262060 |
| Blueprint Medicines Corp. (A)(C) | 12182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5604 |
| Bridgebio Pharma, Inc. (A) | 29837 | 1549734 |
| Bright Minds Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;47679 |
| Candel Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;7790 | &nbsp;&nbsp;&nbsp;&nbsp;39729 |
| Capricor Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;7597 | &nbsp;&nbsp;&nbsp;&nbsp;54774 |
| Cardiff Oncology, Inc. (A) | 12370 | &nbsp;&nbsp;&nbsp;&nbsp;25482 |
| CareDx, Inc. (A) | 10447 | &nbsp;&nbsp;&nbsp;&nbsp;151899 |
| Catalyst Pharmaceuticals, Inc. (A) | 22074 | &nbsp;&nbsp;&nbsp;&nbsp;434858 |
| Celcuity, Inc. (A)(B) | &nbsp;&nbsp;5539 | &nbsp;&nbsp;&nbsp;&nbsp;273627 |
| Celldex Therapeutics, Inc. (A) | 12696 | &nbsp;&nbsp;&nbsp;&nbsp;328446 |
| CG Oncology, Inc. (A)(B) | 10744 | &nbsp;&nbsp;&nbsp;&nbsp;432768 |
| Chinook Therapeutics, Inc. (A)(C) | 12035 | &nbsp;&nbsp;&nbsp;&nbsp;16862 |
| Cidara Therapeutics, Inc. (A) | &nbsp;&nbsp;2904 | &nbsp;&nbsp;&nbsp;&nbsp;278087 |
| Cogent Biosciences, Inc. (A) | 24430 | &nbsp;&nbsp;&nbsp;&nbsp;350815 |
| Coherus Oncology, Inc. (A) | 18567 | &nbsp;&nbsp;&nbsp;&nbsp;30450 |
| Compass Therapeutics, Inc. (A) | 18498 | &nbsp;&nbsp;&nbsp;&nbsp;64743 |
| Corvus Pharmaceuticals, Inc. (A)(B) | 10720 | &nbsp;&nbsp;&nbsp;&nbsp;79006 |
| CRISPR Therapeutics AG (A) | 15804 | 1024257 |
| Cullinan Therapeutics, Inc. (A) | 10100 | &nbsp;&nbsp;&nbsp;&nbsp;59893 |
| Cytokinetics, Inc. (A) | 22341 | 1227861 |
| Day One Biopharmaceuticals, Inc. (A) | 14498 | &nbsp;&nbsp;&nbsp;&nbsp;102211 |
| Denali Therapeutics, Inc. (A) | 25679 | &nbsp;&nbsp;&nbsp;&nbsp;372859 |
| Design Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;3997 | &nbsp;&nbsp;&nbsp;&nbsp;30097 |
| DiaMedica Therapeutics, Inc. (A) | &nbsp;&nbsp;5429 | &nbsp;&nbsp;&nbsp;&nbsp;37297 |
| Dianthus Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;121985 |
| Disc Medicine, Inc. (A) | &nbsp;&nbsp;4345 | &nbsp;&nbsp;&nbsp;&nbsp;287118 |
| Dynavax Technologies Corp. (A) | 20388 | &nbsp;&nbsp;&nbsp;&nbsp;202453 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Dyne Therapeutics, Inc. (A) | &nbsp;&nbsp;20775 | $&nbsp;&nbsp;&nbsp;&nbsp;262804 |
| Editas Medicine, Inc. (A) | &nbsp;&nbsp;16238 | &nbsp;&nbsp;&nbsp;&nbsp;56346 |
| Eledon Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;10366 | &nbsp;&nbsp;&nbsp;&nbsp;26848 |
| Emergent BioSolutions, Inc. (A)(B) | &nbsp;&nbsp;10396 | &nbsp;&nbsp;&nbsp;&nbsp;91693 |
| Enanta Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;4145 | &nbsp;&nbsp;&nbsp;&nbsp;49616 |
| Entrada Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;4957 | &nbsp;&nbsp;&nbsp;&nbsp;28751 |
| Erasca, Inc. (A) | &nbsp;&nbsp;34311 | &nbsp;&nbsp;&nbsp;&nbsp;74798 |
| Fennec Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;5128 | &nbsp;&nbsp;&nbsp;&nbsp;47998 |
| Geron Corp. (A) | 104798 | &nbsp;&nbsp;&nbsp;&nbsp;143573 |
| Gossamer Bio, Inc. (A)(B) | &nbsp;&nbsp;38028 | &nbsp;&nbsp;&nbsp;&nbsp;100014 |
| GRAIL, Inc. (A) | &nbsp;&nbsp;&nbsp;5837 | &nbsp;&nbsp;&nbsp;&nbsp;345142 |
| Heron Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;29936 | &nbsp;&nbsp;&nbsp;&nbsp;37719 |
| Humacyte, Inc. (A)(B) | &nbsp;&nbsp;24492 | &nbsp;&nbsp;&nbsp;&nbsp;42616 |
| Icosavax, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;6029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1869 |
| Ideaya Biosciences, Inc. (A) | &nbsp;&nbsp;15196 | &nbsp;&nbsp;&nbsp;&nbsp;413483 |
| ImmunityBio, Inc. (A) | &nbsp;&nbsp;44366 | &nbsp;&nbsp;&nbsp;&nbsp;109140 |
| Immunome, Inc. (A)(B) | &nbsp;&nbsp;14339 | &nbsp;&nbsp;&nbsp;&nbsp;167910 |
| Immunovant, Inc. (A) | &nbsp;&nbsp;13420 | &nbsp;&nbsp;&nbsp;&nbsp;216330 |
| Inhibrx Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;2102 | &nbsp;&nbsp;&nbsp;&nbsp;70795 |
| Inhibrx, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;6820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4297 |
| Inmune Bio, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;3682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7622 |
| Intellia Therapeutics, Inc. (A) | &nbsp;&nbsp;18805 | &nbsp;&nbsp;&nbsp;&nbsp;324762 |
| Iovance Biotherapeutics, Inc. (A) | &nbsp;&nbsp;49877 | &nbsp;&nbsp;&nbsp;&nbsp;108233 |
| Ironwood Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;30457 | &nbsp;&nbsp;&nbsp;&nbsp;39899 |
| iTeos Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;5923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610 |
| Jade Biosciences, Inc. | &nbsp;&nbsp;&nbsp;6441 | &nbsp;&nbsp;&nbsp;&nbsp;55586 |
| Janux Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;7587 | &nbsp;&nbsp;&nbsp;&nbsp;185426 |
| KalVista Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;7671 | &nbsp;&nbsp;&nbsp;&nbsp;93433 |
| Keros Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;6590 | &nbsp;&nbsp;&nbsp;&nbsp;104254 |
| Kodiak Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;6038 | &nbsp;&nbsp;&nbsp;&nbsp;98842 |
| Korro Bio, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;1241 | &nbsp;&nbsp;&nbsp;&nbsp;59431 |
| Krystal Biotech, Inc. (A) | &nbsp;&nbsp;&nbsp;4729 | &nbsp;&nbsp;&nbsp;&nbsp;834810 |
| Kura Oncology, Inc. (A) | &nbsp;&nbsp;16196 | &nbsp;&nbsp;&nbsp;&nbsp;143335 |
| Kymera Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;9529 | &nbsp;&nbsp;&nbsp;&nbsp;539341 |
| Larimar Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;8766 | &nbsp;&nbsp;&nbsp;&nbsp;28314 |
| Lexeo Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;4674 | &nbsp;&nbsp;&nbsp;&nbsp;31035 |
| Madrigal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;3530 | 1619070 |
| MannKind Corp. (A) | &nbsp;&nbsp;58656 | &nbsp;&nbsp;&nbsp;&nbsp;314983 |
| MeiraGTx Holdings PLC (A) | &nbsp;&nbsp;&nbsp;8616 | &nbsp;&nbsp;&nbsp;&nbsp;70910 |
| Merrimack Pharmaceuticals, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 |
| Metsera, Inc. (A) | &nbsp;&nbsp;10158 | &nbsp;&nbsp;&nbsp;&nbsp;531568 |
| MiMedx Group, Inc. (A) | &nbsp;&nbsp;23900 | &nbsp;&nbsp;&nbsp;&nbsp;166822 |
| Mineralys Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;7366 | &nbsp;&nbsp;&nbsp;&nbsp;279319 |
| Mirum Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;7552 | &nbsp;&nbsp;&nbsp;&nbsp;553637 |
| Monopar Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;652 | &nbsp;&nbsp;&nbsp;&nbsp;53249 |
| Monte Rosa Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;9464 | &nbsp;&nbsp;&nbsp;&nbsp;70128 |
| Myriad Genetics, Inc. (A) | &nbsp;&nbsp;17898 | &nbsp;&nbsp;&nbsp;&nbsp;129403 |
| Neurogene, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;1885 | &nbsp;&nbsp;&nbsp;&nbsp;32667 |
| Novavax, Inc. (A)(B) | &nbsp;&nbsp;28705 | &nbsp;&nbsp;&nbsp;&nbsp;248872 |
| Nurix Therapeutics, Inc. (A) | &nbsp;&nbsp;14659 | &nbsp;&nbsp;&nbsp;&nbsp;135449 |
| Nuvalent, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8220 | &nbsp;&nbsp;&nbsp;&nbsp;710866 |
| Olema Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;11891 | &nbsp;&nbsp;&nbsp;&nbsp;116413 |
| Organogenesis Holdings, Inc. (A)(B) | &nbsp;&nbsp;13865 | &nbsp;&nbsp;&nbsp;&nbsp;58510 |
| ORIC Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;10928 | &nbsp;&nbsp;&nbsp;&nbsp;131136 |
| Oruka Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;5483 | &nbsp;&nbsp;&nbsp;&nbsp;105438 |
| Palvella Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;1428 | &nbsp;&nbsp;&nbsp;&nbsp;89521 |
| PDL BioPharma, Inc. (A)(B)(C) | &nbsp;&nbsp;28581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4573 |
| Perspective Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;12304 | &nbsp;&nbsp;&nbsp;&nbsp;42203 |
| Praxis Precision Medicines, Inc. (A) | &nbsp;&nbsp;&nbsp;3451 | &nbsp;&nbsp;&nbsp;&nbsp;182903 |
| Precigen, Inc. (A)(B) | &nbsp;&nbsp;27108 | &nbsp;&nbsp;&nbsp;&nbsp;89185 |
| Prime Medicine, Inc. (A)(B) | &nbsp;&nbsp;14662 | &nbsp;&nbsp;&nbsp;&nbsp;81227 |
| Protagonist Therapeutics, Inc. (A) | &nbsp;&nbsp;11169 | &nbsp;&nbsp;&nbsp;&nbsp;741957 |
| Protalix BioTherapeutics, Inc. (A)(B) | &nbsp;&nbsp;12507 | &nbsp;&nbsp;&nbsp;&nbsp;27766 |
| Prothena Corp. PLC (A) | &nbsp;&nbsp;&nbsp;7895 | &nbsp;&nbsp;&nbsp;&nbsp;77055 |
| PTC Therapeutics, Inc. (A) | &nbsp;&nbsp;14842 | &nbsp;&nbsp;&nbsp;&nbsp;910854 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Puma Biotechnology, Inc. (A) | &nbsp;&nbsp;8862 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47057 |
| Recursion Pharmaceuticals, Inc., Class A (A)(B) | 69361 | &nbsp;&nbsp;&nbsp;&nbsp;338482 |
| REGENXBIO, Inc. (A) | &nbsp;&nbsp;8921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86088 |
| Regulus Therapeutics, Inc. (A)(C) | 12077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14009 |
| Relay Therapeutics, Inc. (A) | 26393 | &nbsp;&nbsp;&nbsp;&nbsp;137771 |
| Replimune Group, Inc. (A) | 12929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54173 |
| Rezolute, Inc. (A) | 15329 | &nbsp;&nbsp;&nbsp;&nbsp;144093 |
| Rhythm Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;9862 | &nbsp;&nbsp;&nbsp;&nbsp;995963 |
| Rigel Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87285 |
| Rocket Pharmaceuticals, Inc. (A) | 17934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58465 |
| Sage Therapeutics, Inc. (A)(C) | 11117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2001 |
| Sana Biotechnology, Inc. (A)(B) | 26389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93681 |
| Savara, Inc. (A) | 21633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77230 |
| Scholar Rock Holding Corp. (A) | 15550 | &nbsp;&nbsp;&nbsp;&nbsp;579082 |
| SELLAS Life Sciences Group, Inc. (A) | 19464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31337 |
| Sionna Therapeutics, Inc. (A) | &nbsp;&nbsp;2531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74437 |
| Soleno Therapeutics, Inc. (A) | &nbsp;&nbsp;7969 | &nbsp;&nbsp;&nbsp;&nbsp;538704 |
| Solid Biosciences, Inc. (A) | 12933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79797 |
| Spyre Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;9655 | &nbsp;&nbsp;&nbsp;&nbsp;161818 |
| Stoke Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;8670 | &nbsp;&nbsp;&nbsp;&nbsp;203745 |
| Syndax Pharmaceuticals, Inc. (A) | 16872 | &nbsp;&nbsp;&nbsp;&nbsp;259576 |
| Synergy Pharmaceuticals, Inc. (A)(C) | 80513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233 |
| Tango Therapeutics, Inc. (A)(B) | 12724 | &nbsp;&nbsp;&nbsp;&nbsp;106882 |
| Taysha Gene Therapies, Inc. (A) | 39727 | &nbsp;&nbsp;&nbsp;&nbsp;129907 |
| Tectonic Therapeutic, Inc. (A)(B) | &nbsp;&nbsp;2271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35632 |
| TG Therapeutics, Inc. (A)(B) | 27728 | &nbsp;&nbsp;&nbsp;1001674 |
| Tonix Pharmaceuticals Holding Corp. (A)(B) | &nbsp;&nbsp;1458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35225 |
| Tourmaline Bio, Inc. (A) | &nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;&nbsp;158174 |
| Travere Therapeutics, Inc. (A) | 16952 | &nbsp;&nbsp;&nbsp;&nbsp;405153 |
| Twist Bioscience Corp. (A) | 11310 | &nbsp;&nbsp;&nbsp;&nbsp;318263 |
| Tyra Biosciences, Inc. (A)(B) | &nbsp;&nbsp;4988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69782 |
| Upstream Bio, Inc. (A) | &nbsp;&nbsp;6856 | &nbsp;&nbsp;&nbsp;&nbsp;128961 |
| UroGen Pharma, Ltd. (A)(B) | &nbsp;&nbsp;7141 | &nbsp;&nbsp;&nbsp;&nbsp;142463 |
| Vanda Pharmaceuticals, Inc. (A) | 10998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54880 |
| Vaxcyte, Inc. (A) | 22061 | &nbsp;&nbsp;&nbsp;&nbsp;794637 |
| Vera Therapeutics, Inc. (A) | &nbsp;&nbsp;9894 | &nbsp;&nbsp;&nbsp;&nbsp;287520 |
| Veracyte, Inc. (A) | 15073 | &nbsp;&nbsp;&nbsp;&nbsp;517456 |
| Verastem, Inc. (A) | &nbsp;&nbsp;9041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79832 |
| Vericel Corp. (A) | &nbsp;&nbsp;9657 | &nbsp;&nbsp;&nbsp;&nbsp;303906 |
| Verve Therapeutics, Inc. (A)(C) | 13147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8283 |
| Vir Biotechnology, Inc. (A) | 17725 | &nbsp;&nbsp;&nbsp;&nbsp;101210 |
| Viridian Therapeutics, Inc. (A) | 13489 | &nbsp;&nbsp;&nbsp;&nbsp;291093 |
| Voyager Therapeutics, Inc. (A) | 11228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52435 |
| Xencor, Inc. (A) | 13924 | &nbsp;&nbsp;&nbsp;&nbsp;163329 |
| Xenon Pharmaceuticals, Inc. (A) | 14709 | &nbsp;&nbsp;&nbsp;&nbsp;590566 |
| XOMA Royalty Corp. (A) | &nbsp;&nbsp;1739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67021 |
| Zenas Biopharma, Inc. (A)(B) | &nbsp;&nbsp;3324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73793 |
| Zymeworks, Inc. (A) | 10001 | &nbsp;&nbsp;&nbsp;&nbsp;170817 |
|  |  | 40308578 |
| **Health care equipment and supplies – 2.4%** | **Health care equipment and supplies – 2.4%** |  |
| Accuray, Inc. (A) | 23255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38836 |
| Alphatec Holdings, Inc. (A) | 22326 | &nbsp;&nbsp;&nbsp;&nbsp;324620 |
| AngioDynamics, Inc. (A) | &nbsp;&nbsp;7745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86512 |
| Artivion, Inc. (A) | &nbsp;&nbsp;7401 | &nbsp;&nbsp;&nbsp;&nbsp;313358 |
| AtriCure, Inc. (A) | &nbsp;&nbsp;9333 | &nbsp;&nbsp;&nbsp;&nbsp;328988 |
| Avanos Medical, Inc. (A) | &nbsp;&nbsp;9048 | &nbsp;&nbsp;&nbsp;&nbsp;104595 |
| Axogen, Inc. (A) | &nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp;155208 |
| Beta Bionics, Inc. (A) | &nbsp;&nbsp;7324 | &nbsp;&nbsp;&nbsp;&nbsp;145528 |
| Bioventus, Inc., Class A (A) | &nbsp;&nbsp;9362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62632 |
| Butterfly Network, Inc. (A)(B) | 37625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72616 |
| Ceribell, Inc. (A) | &nbsp;&nbsp;5026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57749 |
| Cerus Corp. (A) | 39241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62393 |
| ClearPoint Neuro, Inc. (A) | &nbsp;&nbsp;5188 | &nbsp;&nbsp;&nbsp;&nbsp;113047 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care equipment and supplies (continued)** | **Health care equipment and supplies (continued)** |  |
| CONMED Corp. | &nbsp;&nbsp;5948 | $&nbsp;&nbsp;&nbsp;&nbsp;279734 |
| CVRx, Inc. (A)(B) | &nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24977 |
| Delcath Systems, Inc. (A)(B) | &nbsp;&nbsp;5911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63543 |
| Electromed, Inc. (A) | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36825 |
| Embecta Corp. | 11685 | &nbsp;&nbsp;&nbsp;&nbsp;164875 |
| Enovis Corp. (A) | 10872 | &nbsp;&nbsp;&nbsp;&nbsp;329856 |
| Glaukos Corp. (A) | 10657 | &nbsp;&nbsp;&nbsp;&nbsp;869078 |
| Haemonetics Corp. (A) | &nbsp;&nbsp;9235 | &nbsp;&nbsp;&nbsp;&nbsp;450114 |
| ICU Medical, Inc. (A) | &nbsp;&nbsp;4609 | &nbsp;&nbsp;&nbsp;&nbsp;552896 |
| Inogen, Inc. (A) | &nbsp;&nbsp;4921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40205 |
| Integer Holdings Corp. (A) | &nbsp;&nbsp;6510 | &nbsp;&nbsp;&nbsp;&nbsp;672678 |
| Integra LifeSciences Holdings Corp. (A) | 12982 | &nbsp;&nbsp;&nbsp;&nbsp;186032 |
| iRadimed Corp. | &nbsp;&nbsp;1708 | &nbsp;&nbsp;&nbsp;&nbsp;121541 |
| iRhythm Technologies, Inc. (A) | &nbsp;&nbsp;6084 | &nbsp;&nbsp;&nbsp;1046387 |
| Kestra Medical Technologies, Ltd. (A)(B) | &nbsp;&nbsp;2870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68191 |
| Lantheus Holdings, Inc. (A) | 12882 | &nbsp;&nbsp;&nbsp;&nbsp;660718 |
| LeMaitre Vascular, Inc. | &nbsp;&nbsp;4007 | &nbsp;&nbsp;&nbsp;&nbsp;350653 |
| LivaNova PLC (A) | 10396 | &nbsp;&nbsp;&nbsp;&nbsp;544542 |
| Merit Medical Systems, Inc. (A) | 11034 | &nbsp;&nbsp;&nbsp;&nbsp;918360 |
| Neogen Corp. (A) | 42602 | &nbsp;&nbsp;&nbsp;&nbsp;243257 |
| NeuroPace, Inc. (A) | &nbsp;&nbsp;4837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49869 |
| Novocure, Ltd. (A) | 19511 | &nbsp;&nbsp;&nbsp;&nbsp;252082 |
| Omnicell, Inc. (A) | &nbsp;&nbsp;9028 | &nbsp;&nbsp;&nbsp;&nbsp;274903 |
| OraSure Technologies, Inc. (A) | 16331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52423 |
| Orthofix Medical, Inc. (A) | &nbsp;&nbsp;7937 | &nbsp;&nbsp;&nbsp;&nbsp;116198 |
| OrthoPediatrics Corp. (A) | &nbsp;&nbsp;3428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63521 |
| Outset Medical, Inc. (A) | &nbsp;&nbsp;3463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48898 |
| Paragon 28, Inc. (A)(B)(C) | &nbsp;&nbsp;9242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832 |
| PROCEPT BioRobotics Corp. (A)(B) | 10054 | &nbsp;&nbsp;&nbsp;&nbsp;358827 |
| Pulse Biosciences, Inc. (A)(B) | &nbsp;&nbsp;3572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63224 |
| QuidelOrtho Corp. (A) | 13008 | &nbsp;&nbsp;&nbsp;&nbsp;383086 |
| RxSight, Inc. (A) | &nbsp;&nbsp;7408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66598 |
| SANUWAVE Health, Inc. (A) | &nbsp;&nbsp;1404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52622 |
| Semler Scientific, Inc. (A)(B) | &nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66150 |
| SI-BONE, Inc. (A) | &nbsp;&nbsp;7423 | &nbsp;&nbsp;&nbsp;&nbsp;109267 |
| STAAR Surgical Company (A) | &nbsp;&nbsp;9682 | &nbsp;&nbsp;&nbsp;&nbsp;260155 |
| Stereotaxis, Inc. (A) | 12354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38421 |
| Surmodics, Inc. (A) | &nbsp;&nbsp;2823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84379 |
| Tactile Systems Technology, Inc. (A)(B) | &nbsp;&nbsp;4976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68868 |
| Tandem Diabetes Care, Inc. (A) | 12934 | &nbsp;&nbsp;&nbsp;&nbsp;157019 |
| TransMedics Group, Inc. (A)(B) | &nbsp;&nbsp;6356 | &nbsp;&nbsp;&nbsp;&nbsp;713143 |
| Treace Medical Concepts, Inc. (A) | &nbsp;&nbsp;9764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65516 |
| UFP Technologies, Inc. (A) | &nbsp;&nbsp;1442 | &nbsp;&nbsp;&nbsp;&nbsp;287823 |
| Utah Medical Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37593 |
| Varex Imaging Corp. (A) | &nbsp;&nbsp;8155 | &nbsp;&nbsp;&nbsp;&nbsp;101122 |
| Zimvie, Inc. (A) | &nbsp;&nbsp;6010 | &nbsp;&nbsp;&nbsp;&nbsp;113829 |
|  |  | 13376912 |
| **Health care providers and services – 3.1%** | **Health care providers and services – 3.1%** |  |
| AdaptHealth Corp. (A) | 19611 | &nbsp;&nbsp;&nbsp;&nbsp;175518 |
| Addus HomeCare Corp. (A) | &nbsp;&nbsp;3453 | &nbsp;&nbsp;&nbsp;&nbsp;407419 |
| agilon health, Inc. (A) | 59788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61582 |
| Alignment Healthcare, Inc. (A) | 27798 | &nbsp;&nbsp;&nbsp;&nbsp;485075 |
| AMN Healthcare Services, Inc. (A) | &nbsp;&nbsp;7361 | &nbsp;&nbsp;&nbsp;&nbsp;142509 |
| Ardent Health, Inc. (A) | &nbsp;&nbsp;4723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62580 |
| Astrana Health, Inc. (A) | &nbsp;&nbsp;7958 | &nbsp;&nbsp;&nbsp;&nbsp;225609 |
| Aveanna Healthcare Holdings, Inc. (A) | &nbsp;&nbsp;9319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82660 |
| BrightSpring Health Services, Inc. (A) | 17592 | &nbsp;&nbsp;&nbsp;&nbsp;520020 |
| Brookdale Senior Living, Inc. (A) | 43979 | &nbsp;&nbsp;&nbsp;&nbsp;372502 |
| Castle Biosciences, Inc. (A) | &nbsp;&nbsp;5520 | &nbsp;&nbsp;&nbsp;&nbsp;125690 |
| Clover Health Investments Corp. (A)(B) | 77631 | &nbsp;&nbsp;&nbsp;&nbsp;237551 |
| Community Health Systems, Inc. (A) | 25866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83030 |
| Concentra Group Holdings Parent, Inc. | 22523 | &nbsp;&nbsp;&nbsp;&nbsp;471406 |
| CorVel Corp. (A) | &nbsp;&nbsp;5565 | &nbsp;&nbsp;&nbsp;&nbsp;430842 |
| Cross Country Healthcare, Inc. (A) | &nbsp;&nbsp;6236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88551 |
| DocGo, Inc. (A) | 19525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26554 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| Enhabit, Inc. (A) | &nbsp;&nbsp;9559 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76568 |
| Fulgent Genetics, Inc. (A) | &nbsp;&nbsp;4123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93180 |
| GeneDx Holdings Corp. (A) | &nbsp;&nbsp;3588 | &nbsp;&nbsp;&nbsp;&nbsp;386571 |
| Guardant Health, Inc. (A) | 22799 | &nbsp;&nbsp;&nbsp;1424482 |
| HealthEquity, Inc. (A) | 16269 | &nbsp;&nbsp;&nbsp;1541813 |
| Hims & Hers Health, Inc. (A)(B) | 36375 | &nbsp;&nbsp;&nbsp;2063190 |
| LifeStance Health Group, Inc. (A) | 25912 | &nbsp;&nbsp;&nbsp;&nbsp;142516 |
| Nano-X Imaging, Ltd. (A)(B) | 12658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46835 |
| National HealthCare Corp. | &nbsp;&nbsp;2437 | &nbsp;&nbsp;&nbsp;&nbsp;296120 |
| National Research Corp. (B) | &nbsp;&nbsp;2563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32755 |
| NeoGenomics, Inc. (A) | 25379 | &nbsp;&nbsp;&nbsp;&nbsp;195926 |
| Nutex Health, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68501 |
| Omada Health, Inc. (A) | &nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39002 |
| OPKO Health, Inc. (A)(B) | 71126 | &nbsp;&nbsp;&nbsp;&nbsp;110245 |
| Option Care Health, Inc. (A) | 31383 | &nbsp;&nbsp;&nbsp;&nbsp;871192 |
| Owens & Minor, Inc. (A) | 14572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69946 |
| PACS Group, Inc. (A) | &nbsp;&nbsp;8717 | &nbsp;&nbsp;&nbsp;&nbsp;119684 |
| Pediatrix Medical Group, Inc. (A) | 16444 | &nbsp;&nbsp;&nbsp;&nbsp;275437 |
| Performant Healthcare, Inc. (A)(B) | 14232 | &nbsp;&nbsp;&nbsp;&nbsp;110013 |
| Premier, Inc., Class A (B) | 15382 | &nbsp;&nbsp;&nbsp;&nbsp;427620 |
| Privia Health Group, Inc. (A) | 22096 | &nbsp;&nbsp;&nbsp;&nbsp;550190 |
| Progyny, Inc. (A) | 14306 | &nbsp;&nbsp;&nbsp;&nbsp;307865 |
| RadNet, Inc. (A) | 12953 | &nbsp;&nbsp;&nbsp;&nbsp;987148 |
| Select Medical Holdings Corp. | 21489 | &nbsp;&nbsp;&nbsp;&nbsp;275919 |
| Surgery Partners, Inc. (A) | 14823 | &nbsp;&nbsp;&nbsp;&nbsp;320770 |
| Talkspace, Inc. (A) | 24173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66717 |
| The Ensign Group, Inc. | 10644 | &nbsp;&nbsp;&nbsp;1838964 |
| The Joint Corp. (A)(B) | &nbsp;&nbsp;2421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23096 |
| The Oncology Institute, Inc. (A) | 11770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41077 |
| The Pennant Group, Inc. (A) | &nbsp;&nbsp;6619 | &nbsp;&nbsp;&nbsp;&nbsp;166931 |
| US Physical Therapy, Inc. | &nbsp;&nbsp;2864 | &nbsp;&nbsp;&nbsp;&nbsp;243297 |
| Viemed Healthcare, Inc. (A) | &nbsp;&nbsp;6762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45914 |
|  |  | 17258582 |
| **Health care technology – 0.4%** | **Health care technology – 0.4%** |  |
| Claritev Corp. (A) | &nbsp;&nbsp;1518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80575 |
| Definitive Healthcare Corp. (A) | &nbsp;&nbsp;8288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33649 |
| Evolent Health, Inc., Class A (A)(B) | 22594 | &nbsp;&nbsp;&nbsp;&nbsp;191145 |
| Health Catalyst, Inc. (A) | 14132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40276 |
| HealthStream, Inc. | &nbsp;&nbsp;4933 | &nbsp;&nbsp;&nbsp;&nbsp;139308 |
| LifeMD, Inc. (A)(B) | &nbsp;&nbsp;7141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48487 |
| OptimizeRx Corp. (A) | &nbsp;&nbsp;3480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71340 |
| Phreesia, Inc. (A) | 10877 | &nbsp;&nbsp;&nbsp;&nbsp;255827 |
| Schrodinger, Inc. (A) | 10864 | &nbsp;&nbsp;&nbsp;&nbsp;217932 |
| Simulations Plus, Inc. (A) | &nbsp;&nbsp;3453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52037 |
| Teladoc Health, Inc. (A)(B) | 34050 | &nbsp;&nbsp;&nbsp;&nbsp;263207 |
| TruBridge, Inc. (A) | &nbsp;&nbsp;2077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41893 |
| Waystar Holding Corp. (A) | 20728 | &nbsp;&nbsp;&nbsp;&nbsp;786006 |
|  |  | &nbsp;&nbsp;&nbsp;2221682 |
| **Life sciences tools and services – 0.4%** | **Life sciences tools and services – 0.4%** |  |
| 10X Genomics, Inc., Class A (A) | 20349 | &nbsp;&nbsp;&nbsp;&nbsp;237880 |
| Adaptive Biotechnologies Corp. (A) | 28768 | &nbsp;&nbsp;&nbsp;&nbsp;430369 |
| Azenta, Inc. (A) | &nbsp;&nbsp;7829 | &nbsp;&nbsp;&nbsp;&nbsp;224849 |
| BioLife Solutions, Inc. (A) | &nbsp;&nbsp;7381 | &nbsp;&nbsp;&nbsp;&nbsp;188289 |
| Codexis, Inc. (A) | 16795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40980 |
| CryoPort, Inc. (A) | &nbsp;&nbsp;9685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91814 |
| Cytek Biosciences, Inc. (A) | 23649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82062 |
| Fortrea Holdings, Inc. (A) | 17834 | &nbsp;&nbsp;&nbsp;&nbsp;150162 |
| Ginkgo Bioworks Holdings, Inc. (A) | &nbsp;&nbsp;7577 | &nbsp;&nbsp;&nbsp;&nbsp;110473 |
| Lifecore Biomedical, Inc. (A) | &nbsp;&nbsp;5658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41643 |
| Maravai LifeSciences Holdings, Inc., Class A (A)(B) | 24729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70972 |
| MaxCyte, Inc. (A) | 21493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33959 |
| Mesa Laboratories, Inc. | &nbsp;&nbsp;1011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67747 |
| Niagen Bioscience, Inc. (A)(B) | 10197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95138 |
| OmniAb, Inc. (A) | 23552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37683 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Life sciences tools and services (continued)** | **Life sciences tools and services (continued)** |  |
| OmniAb, Inc., $12.50 Earnout Shares (A) | &nbsp;&nbsp;1176 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166 |
| OmniAb, Inc., $15.00 Earnout Shares (A) | &nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079 |
| Pacific Biosciences of California, Inc. (A)(B) | 54084 | &nbsp;&nbsp;&nbsp;&nbsp;69228 |
| Personalis, Inc. (A)(B) | &nbsp;&nbsp;9807 | &nbsp;&nbsp;&nbsp;&nbsp;63942 |
| Quanterix Corp. (A)(B) | &nbsp;&nbsp;7614 | &nbsp;&nbsp;&nbsp;&nbsp;41344 |
| Quantum-Si, Inc. (A)(B) | 27582 | &nbsp;&nbsp;&nbsp;&nbsp;38891 |
| Standard BioTools, Inc. (A)(B) | 61123 | &nbsp;&nbsp;&nbsp;&nbsp;79460 |
|  |  | 2199130 |
| **Pharmaceuticals – 1.9%** | **Pharmaceuticals – 1.9%** |  |
| Aclaris Therapeutics, Inc. (A)(B) | 19210 | &nbsp;&nbsp;&nbsp;&nbsp;36499 |
| Alumis, Inc. (A) | &nbsp;&nbsp;9563 | &nbsp;&nbsp;&nbsp;&nbsp;38156 |
| Amneal Pharmaceuticals, Inc. (A) | 29264 | &nbsp;&nbsp;&nbsp;&nbsp;292933 |
| Amphastar Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;7089 | &nbsp;&nbsp;&nbsp;&nbsp;188922 |
| Amylyx Pharmaceuticals, Inc. (A)(B) | 13707 | &nbsp;&nbsp;&nbsp;&nbsp;186278 |
| ANI Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3468 | &nbsp;&nbsp;&nbsp;&nbsp;317669 |
| Aquestive Therapeutics, Inc. (A)(B) | 17077 | &nbsp;&nbsp;&nbsp;&nbsp;95460 |
| Arvinas, Inc. (A) | 12818 | &nbsp;&nbsp;&nbsp;&nbsp;109209 |
| Atea Pharmaceuticals, Inc. (A) | 17214 | &nbsp;&nbsp;&nbsp;&nbsp;49921 |
| Avadel Pharmaceuticals PLC (A) | 17300 | &nbsp;&nbsp;&nbsp;&nbsp;264171 |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;7722 | &nbsp;&nbsp;&nbsp;&nbsp;937837 |
| CinCor Pharma, Inc. (A)(C) | &nbsp;&nbsp;5189 | &nbsp;&nbsp;&nbsp;&nbsp;15878 |
| Collegium Pharmaceutical, Inc. (A) | &nbsp;&nbsp;6096 | &nbsp;&nbsp;&nbsp;&nbsp;213299 |
| CorMedix, Inc. (A)(B) | 13828 | &nbsp;&nbsp;&nbsp;&nbsp;160820 |
| Crinetics Pharmaceuticals, Inc. (A) | 17334 | &nbsp;&nbsp;&nbsp;&nbsp;721961 |
| Edgewise Therapeutics, Inc. (A) | 12911 | &nbsp;&nbsp;&nbsp;&nbsp;209416 |
| Enliven Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;7963 | &nbsp;&nbsp;&nbsp;&nbsp;163003 |
| Esperion Therapeutics, Inc. (A) | 41753 | &nbsp;&nbsp;&nbsp;&nbsp;110645 |
| Eton Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;5115 | &nbsp;&nbsp;&nbsp;&nbsp;111149 |
| Evolus, Inc. (A) | 10332 | &nbsp;&nbsp;&nbsp;&nbsp;63438 |
| EyePoint Pharmaceuticals, Inc. (A) | 12007 | &nbsp;&nbsp;&nbsp;&nbsp;170980 |
| Fulcrum Therapeutics, Inc. (A) | &nbsp;&nbsp;7789 | &nbsp;&nbsp;&nbsp;&nbsp;71659 |
| Harmony Biosciences Holdings, Inc. (A) | &nbsp;&nbsp;8425 | &nbsp;&nbsp;&nbsp;&nbsp;232193 |
| Harrow, Inc. (A)(B) | &nbsp;&nbsp;6061 | &nbsp;&nbsp;&nbsp;&nbsp;292019 |
| Indivior PLC (A) | 23258 | &nbsp;&nbsp;&nbsp;&nbsp;560750 |
| Innoviva, Inc. (A) | 12170 | &nbsp;&nbsp;&nbsp;&nbsp;222103 |
| LENZ Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;2965 | &nbsp;&nbsp;&nbsp;&nbsp;138110 |
| Ligand Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3643 | &nbsp;&nbsp;&nbsp;&nbsp;645321 |
| Liquidia Corp. (A) | 12447 | &nbsp;&nbsp;&nbsp;&nbsp;283045 |
| Maze Therapeutics, Inc. (A) | &nbsp;&nbsp;3721 | &nbsp;&nbsp;&nbsp;&nbsp;96486 |
| MBX Biosciences, Inc. (A) | &nbsp;&nbsp;3438 | &nbsp;&nbsp;&nbsp;&nbsp;60165 |
| MediWound, Ltd. (A)(B) | &nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp;30238 |
| Mind Medicine MindMed, Inc. (A)(B) | 14713 | &nbsp;&nbsp;&nbsp;&nbsp;173466 |
| Nuvation Bio, Inc. (A)(B) | 49089 | &nbsp;&nbsp;&nbsp;&nbsp;181629 |
| Ocular Therapeutix, Inc. (A) | 27036 | &nbsp;&nbsp;&nbsp;&nbsp;316051 |
| Omeros Corp. (A)(B) | 11405 | &nbsp;&nbsp;&nbsp;&nbsp;46761 |
| Pacira BioSciences, Inc. (A)(B) | &nbsp;&nbsp;8861 | &nbsp;&nbsp;&nbsp;&nbsp;228348 |
| Phathom Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;8197 | &nbsp;&nbsp;&nbsp;&nbsp;96479 |
| Phibro Animal Health Corp., Class A | &nbsp;&nbsp;3943 | &nbsp;&nbsp;&nbsp;&nbsp;159534 |
| Poseida Therapeutics, Inc. (A)(B)(C) | 13765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6883 |
| Prestige Consumer Healthcare, Inc. (A) | &nbsp;&nbsp;9379 | &nbsp;&nbsp;&nbsp;&nbsp;585250 |
| Rapport Therapeutics, Inc. (A) | &nbsp;&nbsp;3595 | &nbsp;&nbsp;&nbsp;&nbsp;106772 |
| scPharmaceuticals, Inc. (A) | &nbsp;&nbsp;7931 | &nbsp;&nbsp;&nbsp;&nbsp;44969 |
| Septerna, Inc. (A) | &nbsp;&nbsp;4224 | &nbsp;&nbsp;&nbsp;&nbsp;79453 |
| SIGA Technologies, Inc. | &nbsp;&nbsp;8053 | &nbsp;&nbsp;&nbsp;&nbsp;73685 |
| Supernus Pharmaceuticals, Inc. (A) | 10308 | &nbsp;&nbsp;&nbsp;&nbsp;492619 |
| Tarsus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;7437 | &nbsp;&nbsp;&nbsp;&nbsp;441981 |
| Terns Pharmaceuticals, Inc. (A) | 14387 | &nbsp;&nbsp;&nbsp;&nbsp;108046 |
| Theravance Biopharma, Inc. (A) | &nbsp;&nbsp;6440 | &nbsp;&nbsp;&nbsp;&nbsp;94024 |
| Third Harmonic Bio, Inc. (A)(C) | &nbsp;&nbsp;5239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157 |
| Trevi Therapeutics, Inc. (A) | 16923 | &nbsp;&nbsp;&nbsp;&nbsp;154845 |
| Tvardi Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;862 | &nbsp;&nbsp;&nbsp;&nbsp;33592 |
| WaVe Life Sciences, Ltd. (A) | 21793 | &nbsp;&nbsp;&nbsp;&nbsp;159525 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Xeris Biopharma Holdings, Inc. (A) | &nbsp;&nbsp;29142 | $&nbsp;&nbsp;&nbsp;&nbsp;237216 |
| Zevra Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;10819 | &nbsp;&nbsp;&nbsp;&nbsp;102889 |
|  |  | 11013907 |
|  |  | 86378791 |
| **Industrials – 17.0%** |  |  |
| **Aerospace and defense – 1.9%** | **Aerospace and defense – 1.9%** |  |
| AAR Corp. (A) | &nbsp;&nbsp;&nbsp;6811 | &nbsp;&nbsp;&nbsp;&nbsp;610742 |
| AeroVironment, Inc. (A) | &nbsp;&nbsp;&nbsp;6067 | &nbsp;&nbsp;&nbsp;1910438 |
| AerSale Corp. (A) | &nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54873 |
| AIRO Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22598 |
| Archer Aviation, Inc., Class A (A)(B) | 104096 | &nbsp;&nbsp;&nbsp;&nbsp;997240 |
| Astronics Corp. (A) | &nbsp;&nbsp;&nbsp;5891 | &nbsp;&nbsp;&nbsp;&nbsp;268689 |
| Byrna Technologies, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;3487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77272 |
| Cadre Holdings, Inc. | &nbsp;&nbsp;&nbsp;5510 | &nbsp;&nbsp;&nbsp;&nbsp;201170 |
| Ducommun, Inc. (A) | &nbsp;&nbsp;&nbsp;2666 | &nbsp;&nbsp;&nbsp;&nbsp;256283 |
| Eve Holding, Inc. (A)(B) | &nbsp;&nbsp;10455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39834 |
| Intuitive Machines, Inc. (A)(B) | &nbsp;&nbsp;20944 | &nbsp;&nbsp;&nbsp;&nbsp;220331 |
| Kratos Defense & Security Solutions, Inc. (A)(B) | &nbsp;&nbsp;31608 | &nbsp;&nbsp;&nbsp;2888023 |
| Mercury Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;9948 | &nbsp;&nbsp;&nbsp;&nbsp;769975 |
| Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;5335 | &nbsp;&nbsp;&nbsp;1107919 |
| National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;116187 |
| Park Aerospace Corp. | &nbsp;&nbsp;&nbsp;3829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77882 |
| Redwire Corp. (A) | &nbsp;&nbsp;&nbsp;9331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83886 |
| Satellogic, Inc., Class A (A) | &nbsp;&nbsp;13526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44365 |
| V2X, Inc. (A) | &nbsp;&nbsp;&nbsp;3619 | &nbsp;&nbsp;&nbsp;&nbsp;210228 |
| Voyager Technologies, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77488 |
| VSE Corp. | &nbsp;&nbsp;&nbsp;3878 | &nbsp;&nbsp;&nbsp;&nbsp;644679 |
|  |  | 10680102 |
| **Air freight and logistics – 0.1%** | **Air freight and logistics – 0.1%** |  |
| Forward Air Corp. (A)(B) | &nbsp;&nbsp;&nbsp;4359 | &nbsp;&nbsp;&nbsp;&nbsp;111765 |
| Hub Group, Inc., Class A | &nbsp;&nbsp;11245 | &nbsp;&nbsp;&nbsp;&nbsp;387278 |
| Radiant Logistics, Inc. (A) | &nbsp;&nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49359 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;548402 |
| **Building products – 1.3%** | **Building products – 1.3%** |  |
| American Woodmark Corp. (A) | &nbsp;&nbsp;&nbsp;2793 | &nbsp;&nbsp;&nbsp;&nbsp;186461 |
| Apogee Enterprises, Inc. | &nbsp;&nbsp;&nbsp;4156 | &nbsp;&nbsp;&nbsp;&nbsp;181077 |
| AZZ, Inc. | &nbsp;&nbsp;&nbsp;5659 | &nbsp;&nbsp;&nbsp;&nbsp;617567 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;3096 | &nbsp;&nbsp;&nbsp;&nbsp;751554 |
| Gibraltar Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;5702 | &nbsp;&nbsp;&nbsp;&nbsp;358086 |
| Griffon Corp. | &nbsp;&nbsp;&nbsp;7382 | &nbsp;&nbsp;&nbsp;&nbsp;562139 |
| Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;3585 | &nbsp;&nbsp;&nbsp;&nbsp;137449 |
| Janus International Group, Inc. (A) | &nbsp;&nbsp;26351 | &nbsp;&nbsp;&nbsp;&nbsp;260084 |
| JELD-WEN Holding, Inc. (A) | &nbsp;&nbsp;18088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88812 |
| Masterbrand, Inc. (A) | &nbsp;&nbsp;24486 | &nbsp;&nbsp;&nbsp;&nbsp;322481 |
| Quanex Building Products Corp. | &nbsp;&nbsp;&nbsp;9172 | &nbsp;&nbsp;&nbsp;&nbsp;130426 |
| Resideo Technologies, Inc. (A) | &nbsp;&nbsp;25827 | &nbsp;&nbsp;&nbsp;1115210 |
| Tecnoglass, Inc. | &nbsp;&nbsp;&nbsp;4651 | &nbsp;&nbsp;&nbsp;&nbsp;311198 |
| UFP Industries, Inc. | &nbsp;&nbsp;11458 | &nbsp;&nbsp;&nbsp;1071208 |
| Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;28569 | &nbsp;&nbsp;&nbsp;1343600 |
|  |  | &nbsp;&nbsp;&nbsp;7437352 |
| **Commercial services and supplies – 1.5%** | **Commercial services and supplies – 1.5%** |  |
| ABM Industries, Inc. | &nbsp;&nbsp;11759 | &nbsp;&nbsp;&nbsp;&nbsp;542325 |
| ACCO Brands Corp. | &nbsp;&nbsp;18727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74721 |
| ACV Auctions, Inc., Class A (A) | &nbsp;&nbsp;32152 | &nbsp;&nbsp;&nbsp;&nbsp;318626 |
| BrightView Holdings, Inc. (A) | &nbsp;&nbsp;13099 | &nbsp;&nbsp;&nbsp;&nbsp;175527 |
| Casella Waste Systems, Inc., Class A (A) | &nbsp;&nbsp;11979 | &nbsp;&nbsp;&nbsp;1136568 |
| CECO Environmental Corp. (A) | &nbsp;&nbsp;&nbsp;5662 | &nbsp;&nbsp;&nbsp;&nbsp;289894 |
| Cimpress PLC (A) | &nbsp;&nbsp;&nbsp;2943 | &nbsp;&nbsp;&nbsp;&nbsp;185527 |
| CoreCivic, Inc. (A) | &nbsp;&nbsp;20631 | &nbsp;&nbsp;&nbsp;&nbsp;419841 |
| Deluxe Corp. | &nbsp;&nbsp;&nbsp;8430 | &nbsp;&nbsp;&nbsp;&nbsp;163205 |
| Driven Brands Holdings, Inc. (A) | &nbsp;&nbsp;11670 | &nbsp;&nbsp;&nbsp;&nbsp;188004 |
| Ennis, Inc. | &nbsp;&nbsp;&nbsp;4975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90943 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Commercial services and supplies (continued)** | **Commercial services and supplies (continued)** |  |
| Enviri Corp. (A) | &nbsp;&nbsp;14815 | $&nbsp;&nbsp;&nbsp;&nbsp;188002 |
| Healthcare Services Group, Inc. (A) | &nbsp;&nbsp;14112 | &nbsp;&nbsp;&nbsp;&nbsp;237505 |
| HNI Corp. | &nbsp;&nbsp;&nbsp;8747 | &nbsp;&nbsp;&nbsp;&nbsp;409797 |
| Interface, Inc. | &nbsp;&nbsp;11336 | &nbsp;&nbsp;&nbsp;&nbsp;328064 |
| Liquidity Services, Inc. (A) | &nbsp;&nbsp;&nbsp;4590 | &nbsp;&nbsp;&nbsp;&nbsp;125904 |
| MillerKnoll, Inc. | &nbsp;&nbsp;12931 | &nbsp;&nbsp;&nbsp;&nbsp;229396 |
| Montrose Environmental Group, Inc. (A) | &nbsp;&nbsp;&nbsp;6380 | &nbsp;&nbsp;&nbsp;&nbsp;175195 |
| OPENLANE, Inc. (A) | &nbsp;&nbsp;20371 | &nbsp;&nbsp;&nbsp;&nbsp;586277 |
| Perma-Fix Environmental Services, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;3802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38400 |
| Pitney Bowes, Inc. | &nbsp;&nbsp;32196 | &nbsp;&nbsp;&nbsp;&nbsp;367356 |
| Quad/Graphics, Inc. | &nbsp;&nbsp;&nbsp;6242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39075 |
| Steelcase, Inc., Class A | &nbsp;&nbsp;16129 | &nbsp;&nbsp;&nbsp;&nbsp;277419 |
| The Brink's Company | &nbsp;&nbsp;&nbsp;7947 | &nbsp;&nbsp;&nbsp;&nbsp;928686 |
| The GEO Group, Inc. (A) | &nbsp;&nbsp;26115 | &nbsp;&nbsp;&nbsp;&nbsp;535096 |
| UniFirst Corp. | &nbsp;&nbsp;&nbsp;2896 | &nbsp;&nbsp;&nbsp;&nbsp;484182 |
| Vestis Corp. | &nbsp;&nbsp;22546 | &nbsp;&nbsp;&nbsp;&nbsp;102133 |
|  |  | &nbsp;&nbsp;&nbsp;8637668 |
| **Construction and engineering – 2.3%** | **Construction and engineering – 2.3%** |  |
| Ameresco, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6284 | &nbsp;&nbsp;&nbsp;&nbsp;211017 |
| Arcosa, Inc. | &nbsp;&nbsp;&nbsp;9256 | &nbsp;&nbsp;&nbsp;&nbsp;867380 |
| Argan, Inc. | &nbsp;&nbsp;&nbsp;2543 | &nbsp;&nbsp;&nbsp;&nbsp;686737 |
| Bowman Consulting Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;2886 | &nbsp;&nbsp;&nbsp;&nbsp;122251 |
| Centuri Holdings, Inc. (A) | &nbsp;&nbsp;13315 | &nbsp;&nbsp;&nbsp;&nbsp;281879 |
| Concrete Pumping Holdings, Inc. | &nbsp;&nbsp;&nbsp;4954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34926 |
| Construction Partners, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8955 | &nbsp;&nbsp;&nbsp;1137285 |
| Dycom Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;5341 | &nbsp;&nbsp;&nbsp;1558290 |
| Fluor Corp. (A) | &nbsp;&nbsp;31046 | &nbsp;&nbsp;&nbsp;1306105 |
| Granite Construction, Inc. (B) | &nbsp;&nbsp;&nbsp;8273 | &nbsp;&nbsp;&nbsp;&nbsp;907134 |
| Great Lakes Dredge & Dock Corp. (A) | &nbsp;&nbsp;12909 | &nbsp;&nbsp;&nbsp;&nbsp;154779 |
| IES Holdings, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp;687935 |
| Limbach Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2042 | &nbsp;&nbsp;&nbsp;&nbsp;198319 |
| Matrix Service Company (A) | &nbsp;&nbsp;&nbsp;5453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71325 |
| MYR Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2945 | &nbsp;&nbsp;&nbsp;&nbsp;612648 |
| NWPX Infrastructure, Inc. (A) | &nbsp;&nbsp;&nbsp;1942 | &nbsp;&nbsp;&nbsp;&nbsp;102790 |
| Orion Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;7392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61501 |
| Primoris Services Corp. | &nbsp;&nbsp;10287 | &nbsp;&nbsp;&nbsp;1412714 |
| Sterling Infrastructure, Inc. (A) | &nbsp;&nbsp;&nbsp;5692 | &nbsp;&nbsp;&nbsp;1933459 |
| Tutor Perini Corp. (A) | &nbsp;&nbsp;&nbsp;8515 | &nbsp;&nbsp;&nbsp;&nbsp;558499 |
|  |  | 12906973 |
| **Electrical equipment – 2.3%** | **Electrical equipment – 2.3%** |  |
| Allient, Inc. | &nbsp;&nbsp;&nbsp;2819 | &nbsp;&nbsp;&nbsp;&nbsp;126150 |
| American Superconductor Corp. (A) | &nbsp;&nbsp;&nbsp;8199 | &nbsp;&nbsp;&nbsp;&nbsp;486939 |
| Amprius Technologies, Inc. (A) | &nbsp;&nbsp;18156 | &nbsp;&nbsp;&nbsp;&nbsp;191001 |
| Array Technologies, Inc. (A)(B) | &nbsp;&nbsp;29051 | &nbsp;&nbsp;&nbsp;&nbsp;236766 |
| Atkore, Inc. | &nbsp;&nbsp;&nbsp;6548 | &nbsp;&nbsp;&nbsp;&nbsp;410822 |
| Bloom Energy Corp., Class A (A)(B) | &nbsp;&nbsp;40818 | &nbsp;&nbsp;&nbsp;3451978 |
| Complete Solaria, Inc. (A)(B) | &nbsp;&nbsp;11049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19446 |
| EnerSys | &nbsp;&nbsp;&nbsp;7163 | &nbsp;&nbsp;&nbsp;&nbsp;809132 |
| Enovix Corp. (A)(B) | &nbsp;&nbsp;31693 | &nbsp;&nbsp;&nbsp;&nbsp;315979 |
| Eos Energy Enterprises, Inc. (A)(B) | &nbsp;&nbsp;48240 | &nbsp;&nbsp;&nbsp;&nbsp;549454 |
| Fluence Energy, Inc. (A)(B) | &nbsp;&nbsp;14927 | &nbsp;&nbsp;&nbsp;&nbsp;161212 |
| Hyliion Holdings Corp. (A)(B) | &nbsp;&nbsp;27480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54136 |
| KULR Technology Group, Inc. (A) | &nbsp;&nbsp;&nbsp;6419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26703 |
| LSI Industries, Inc. | &nbsp;&nbsp;&nbsp;5480 | &nbsp;&nbsp;&nbsp;&nbsp;129383 |
| NANO Nuclear Energy, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;5888 | &nbsp;&nbsp;&nbsp;&nbsp;227041 |
| NEXTracker, Inc., Class A (A) | &nbsp;&nbsp;27730 | &nbsp;&nbsp;&nbsp;2051743 |
| NuScale Power Corp. (A) | &nbsp;&nbsp;24205 | &nbsp;&nbsp;&nbsp;&nbsp;871380 |
| Plug Power, Inc. (A) | 207534 | &nbsp;&nbsp;&nbsp;&nbsp;483554 |
| Powell Industries, Inc. (B) | &nbsp;&nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp;559631 |
| Power Solutions International, Inc. (A) | &nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp;124739 |
| Preformed Line Products Company | &nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95133 |
| Shoals Technologies Group, Inc., Class A (A) | &nbsp;&nbsp;32457 | &nbsp;&nbsp;&nbsp;&nbsp;240506 |
| SunPower Corp. (A)(C) | &nbsp;&nbsp;18631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electrical equipment (continued)** | **Electrical equipment (continued)** |  |
| Sunrun, Inc. (A) | 40166 | $&nbsp;&nbsp;&nbsp;&nbsp;694470 |
| T1 Energy, Inc. (A)(B) | 22657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49392 |
| Thermon Group Holdings, Inc. (A) | &nbsp;&nbsp;6447 | &nbsp;&nbsp;&nbsp;&nbsp;172264 |
| Vicor Corp. (A) | &nbsp;&nbsp;4548 | &nbsp;&nbsp;&nbsp;&nbsp;226127 |
|  |  | 12765081 |
| **Ground transportation – 0.3%** | **Ground transportation – 0.3%** |  |
| ArcBest Corp. | &nbsp;&nbsp;4370 | &nbsp;&nbsp;&nbsp;&nbsp;305332 |
| Covenant Logistics Group, Inc. | &nbsp;&nbsp;3196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69225 |
| FTAI Infrastructure, Inc. (B) | 19005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82862 |
| Heartland Express, Inc. | 10566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88543 |
| Hertz Global Holdings, Inc. (A)(B) | 22771 | &nbsp;&nbsp;&nbsp;&nbsp;154843 |
| Marten Transport, Ltd. | 12202 | &nbsp;&nbsp;&nbsp;&nbsp;130073 |
| Proficient Auto Logistics, Inc. (A) | &nbsp;&nbsp;4869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33547 |
| RXO, Inc. (A) | 31216 | &nbsp;&nbsp;&nbsp;&nbsp;480102 |
| Universal Logistics Holdings, Inc. (B) | &nbsp;&nbsp;1382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32394 |
| Werner Enterprises, Inc. | 11346 | &nbsp;&nbsp;&nbsp;&nbsp;298627 |
|  |  | &nbsp;&nbsp;&nbsp;1675548 |
| **Industrial conglomerates – 0.0%** | **Industrial conglomerates – 0.0%** |  |
| Brookfield Business Corp., Class A | &nbsp;&nbsp;4814 | &nbsp;&nbsp;&nbsp;&nbsp;161413 |
| **Machinery – 3.7%** | **Machinery – 3.7%** |  |
| 3D Systems Corp. (A) | 28538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82760 |
| Aebi Schmidt Holding AG | &nbsp;&nbsp;6722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83823 |
| Alamo Group, Inc. | &nbsp;&nbsp;1949 | &nbsp;&nbsp;&nbsp;&nbsp;372064 |
| Albany International Corp., Class A | &nbsp;&nbsp;5707 | &nbsp;&nbsp;&nbsp;&nbsp;304183 |
| Astec Industries, Inc. | &nbsp;&nbsp;4432 | &nbsp;&nbsp;&nbsp;&nbsp;213312 |
| Atmus Filtration Technologies, Inc. | 15790 | &nbsp;&nbsp;&nbsp;&nbsp;711971 |
| Blue Bird Corp. (A) | &nbsp;&nbsp;6152 | &nbsp;&nbsp;&nbsp;&nbsp;354048 |
| Chart Industries, Inc. (A) | &nbsp;&nbsp;8615 | &nbsp;&nbsp;&nbsp;1724292 |
| Columbus McKinnon Corp. | &nbsp;&nbsp;5770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82742 |
| Douglas Dynamics, Inc. | &nbsp;&nbsp;4393 | &nbsp;&nbsp;&nbsp;&nbsp;137325 |
| Energy Recovery, Inc. (A) | 10462 | &nbsp;&nbsp;&nbsp;&nbsp;161324 |
| Enerpac Tool Group Corp. | 10394 | &nbsp;&nbsp;&nbsp;&nbsp;426154 |
| Enpro, Inc. | &nbsp;&nbsp;4024 | &nbsp;&nbsp;&nbsp;&nbsp;909424 |
| ESCO Technologies, Inc. | &nbsp;&nbsp;4944 | &nbsp;&nbsp;&nbsp;1043728 |
| Federal Signal Corp. | 11420 | &nbsp;&nbsp;&nbsp;1358866 |
| Franklin Electric Company, Inc. | &nbsp;&nbsp;7564 | &nbsp;&nbsp;&nbsp;&nbsp;720093 |
| Gencor Industries, Inc. (A) | &nbsp;&nbsp;2346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34322 |
| Graham Corp. (A) | &nbsp;&nbsp;2089 | &nbsp;&nbsp;&nbsp;&nbsp;114686 |
| Helios Technologies, Inc. | &nbsp;&nbsp;6414 | &nbsp;&nbsp;&nbsp;&nbsp;334362 |
| Hillenbrand, Inc. | 13639 | &nbsp;&nbsp;&nbsp;&nbsp;368799 |
| Hillman Solutions Corp. (A) | 38473 | &nbsp;&nbsp;&nbsp;&nbsp;353182 |
| Hyster-Yale, Inc. | &nbsp;&nbsp;2329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85847 |
| JBT Marel Corp. | &nbsp;&nbsp;9951 | &nbsp;&nbsp;&nbsp;1397618 |
| Kadant, Inc. | &nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp;664199 |
| Kennametal, Inc. | 14430 | &nbsp;&nbsp;&nbsp;&nbsp;302020 |
| LB Foster Company, Class A (A) | &nbsp;&nbsp;1781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47998 |
| Lindsay Corp. | &nbsp;&nbsp;2082 | &nbsp;&nbsp;&nbsp;&nbsp;292646 |
| Luxfer Holdings PLC | &nbsp;&nbsp;5602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77868 |
| Mayville Engineering Company, Inc. (A) | &nbsp;&nbsp;3021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41569 |
| Microvast Holdings, Inc. (A)(B) | 38212 | &nbsp;&nbsp;&nbsp;&nbsp;147116 |
| Miller Industries, Inc. | &nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86054 |
| Mueller Water Products, Inc., Class A | 29707 | &nbsp;&nbsp;&nbsp;&nbsp;758123 |
| Omega Flex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28503 |
| Palladyne AI Corp. (A) | &nbsp;&nbsp;4968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42675 |
| Park-Ohio Holdings Corp. | &nbsp;&nbsp;1859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39485 |
| Proto Labs, Inc. (A) | &nbsp;&nbsp;4588 | &nbsp;&nbsp;&nbsp;&nbsp;229538 |
| REV Group, Inc. | &nbsp;&nbsp;9005 | &nbsp;&nbsp;&nbsp;&nbsp;510313 |
| Richtech Robotics, Inc., Class B (A)(B) | 13620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58430 |
| SPX Technologies, Inc. (A) | &nbsp;&nbsp;9080 | &nbsp;&nbsp;&nbsp;1695962 |
| Standex International Corp. | &nbsp;&nbsp;2274 | &nbsp;&nbsp;&nbsp;&nbsp;481861 |
| Tennant Company | &nbsp;&nbsp;3546 | &nbsp;&nbsp;&nbsp;&nbsp;287439 |
| Terex Corp. | 12329 | &nbsp;&nbsp;&nbsp;&nbsp;632478 |
| The Gorman-Rupp Company | &nbsp;&nbsp;4237 | &nbsp;&nbsp;&nbsp;&nbsp;196639 |
| The Greenbrier Companies, Inc. | &nbsp;&nbsp;5781 | &nbsp;&nbsp;&nbsp;&nbsp;266909 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| The Manitowoc Company, Inc. (A) | &nbsp;&nbsp;6687 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66937 |
| Titan International, Inc. (A) | &nbsp;&nbsp;9565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72311 |
| Trinity Industries, Inc. | 15529 | &nbsp;&nbsp;&nbsp;&nbsp;435433 |
| Wabash National Corp. | &nbsp;&nbsp;8289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81812 |
| Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;5195 | &nbsp;&nbsp;&nbsp;1450860 |
| Worthington Enterprises, Inc. | &nbsp;&nbsp;6107 | &nbsp;&nbsp;&nbsp;&nbsp;338877 |
|  |  | 20708980 |
| **Marine transportation – 0.2%** | **Marine transportation – 0.2%** |  |
| Costamare, Inc. | &nbsp;&nbsp;8714 | &nbsp;&nbsp;&nbsp;&nbsp;103784 |
| Genco Shipping & Trading, Ltd. (B) | &nbsp;&nbsp;5584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99395 |
| Himalaya Shipping, Ltd. (A)(B) | &nbsp;&nbsp;6273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51627 |
| Matson, Inc. | &nbsp;&nbsp;6178 | &nbsp;&nbsp;&nbsp;&nbsp;609089 |
| Pangaea Logistics Solutions, Ltd. | &nbsp;&nbsp;6331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32161 |
| Safe Bulkers, Inc. | 12130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53857 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;949913 |
| **Passenger airlines – 0.5%** | **Passenger airlines – 0.5%** |  |
| Allegiant Travel Company (A)(B) | &nbsp;&nbsp;2773 | &nbsp;&nbsp;&nbsp;&nbsp;168515 |
| Frontier Group Holdings, Inc. (A)(B) | 16957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74865 |
| JetBlue Airways Corp. (A)(B) | 61830 | &nbsp;&nbsp;&nbsp;&nbsp;304204 |
| Joby Aviation, Inc. (A)(B) | 88434 | &nbsp;&nbsp;&nbsp;1427325 |
| SkyWest, Inc. (A) | &nbsp;&nbsp;7669 | &nbsp;&nbsp;&nbsp;&nbsp;771655 |
| Strata Critical Medical, Inc. (A) | 13033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65947 |
| Sun Country Airlines Holdings, Inc. (A) | &nbsp;&nbsp;9821 | &nbsp;&nbsp;&nbsp;&nbsp;115986 |
|  |  | &nbsp;&nbsp;&nbsp;2928497 |
| **Professional services – 1.8%** | **Professional services – 1.8%** |  |
| Acuren Corp. (A) | 33563 | &nbsp;&nbsp;&nbsp;&nbsp;446724 |
| Alight, Inc., Class A | 81331 | &nbsp;&nbsp;&nbsp;&nbsp;265139 |
| Asure Software, Inc. (A) | &nbsp;&nbsp;4722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38720 |
| Barrett Business Services, Inc. | &nbsp;&nbsp;4757 | &nbsp;&nbsp;&nbsp;&nbsp;210830 |
| BlackSky Technology, Inc. (A)(B) | &nbsp;&nbsp;6240 | &nbsp;&nbsp;&nbsp;&nbsp;125736 |
| CBIZ, Inc. (A) | &nbsp;&nbsp;9466 | &nbsp;&nbsp;&nbsp;&nbsp;501319 |
| Conduent, Inc. (A) | 29559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82765 |
| CRA International, Inc. | &nbsp;&nbsp;1271 | &nbsp;&nbsp;&nbsp;&nbsp;265042 |
| CSG Systems International, Inc. | &nbsp;&nbsp;5262 | &nbsp;&nbsp;&nbsp;&nbsp;338768 |
| Exponent, Inc. | &nbsp;&nbsp;9718 | &nbsp;&nbsp;&nbsp;&nbsp;675207 |
| First Advantage Corp. (A)(B) | 15293 | &nbsp;&nbsp;&nbsp;&nbsp;235359 |
| Franklin Covey Company (A) | &nbsp;&nbsp;2482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48176 |
| Heidrick & Struggles International, Inc. | &nbsp;&nbsp;3951 | &nbsp;&nbsp;&nbsp;&nbsp;196641 |
| Huron Consulting Group, Inc. (A) | &nbsp;&nbsp;3255 | &nbsp;&nbsp;&nbsp;&nbsp;477736 |
| IBEX Holdings, Ltd. (A) | &nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83755 |
| ICF International, Inc. | &nbsp;&nbsp;3503 | &nbsp;&nbsp;&nbsp;&nbsp;325078 |
| Innodata, Inc. (A) | &nbsp;&nbsp;5804 | &nbsp;&nbsp;&nbsp;&nbsp;447314 |
| Insperity, Inc. | &nbsp;&nbsp;6909 | &nbsp;&nbsp;&nbsp;&nbsp;339923 |
| Kelly Services, Inc., Class A | &nbsp;&nbsp;6325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82984 |
| Kforce, Inc. | &nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp;105470 |
| Korn Ferry | &nbsp;&nbsp;9778 | &nbsp;&nbsp;&nbsp;&nbsp;684264 |
| Legalzoom.com, Inc. (A) | 21406 | &nbsp;&nbsp;&nbsp;&nbsp;222194 |
| Maximus, Inc. | 10774 | &nbsp;&nbsp;&nbsp;&nbsp;984420 |
| Mistras Group, Inc. (A) | &nbsp;&nbsp;3608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35503 |
| Planet Labs PBC (A) | 44024 | &nbsp;&nbsp;&nbsp;&nbsp;571432 |
| Resolute Holdings Management, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64791 |
| Resources Connection, Inc. | &nbsp;&nbsp;7105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35880 |
| Spire Global, Inc. (A) | &nbsp;&nbsp;5492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60357 |
| TriNet Group, Inc. | &nbsp;&nbsp;5722 | &nbsp;&nbsp;&nbsp;&nbsp;382745 |
| TrueBlue, Inc. (A) | &nbsp;&nbsp;6251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38319 |
| Upwork, Inc. (A) | 23718 | &nbsp;&nbsp;&nbsp;&nbsp;440443 |
| Verra Mobility Corp. (A) | 30472 | &nbsp;&nbsp;&nbsp;&nbsp;752658 |
| Willdan Group, Inc. (A) | &nbsp;&nbsp;2677 | &nbsp;&nbsp;&nbsp;&nbsp;258839 |
| WNS Holdings, Ltd. (A) | &nbsp;&nbsp;7091 | &nbsp;&nbsp;&nbsp;&nbsp;540831 |
|  |  | 10365362 |
| **Trading companies and distributors – 1.1%** | **Trading companies and distributors – 1.1%** |  |
| Alta Equipment Group, Inc. | &nbsp;&nbsp;4607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33355 |
| BlueLinx Holdings, Inc. (A) | &nbsp;&nbsp;1478 | &nbsp;&nbsp;&nbsp;&nbsp;108012 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Trading companies and distributors (continued)** | **Trading companies and distributors (continued)** |  |
| Boise Cascade Company | &nbsp;&nbsp;7225 | $&nbsp;&nbsp;&nbsp;&nbsp;558637 |
| Custom Truck One Source, Inc. (A) | 12214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78414 |
| Distribution Solutions Group, Inc. (A) | &nbsp;&nbsp;2254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67800 |
| DNOW, Inc. (A) | 19243 | &nbsp;&nbsp;&nbsp;&nbsp;293456 |
| DXP Enterprises, Inc. (A) | &nbsp;&nbsp;2499 | &nbsp;&nbsp;&nbsp;&nbsp;297556 |
| GATX Corp. | &nbsp;&nbsp;6835 | &nbsp;&nbsp;&nbsp;1194758 |
| Global Industrial, Inc. | &nbsp;&nbsp;3199 | &nbsp;&nbsp;&nbsp;&nbsp;117307 |
| Herc Holdings, Inc. | &nbsp;&nbsp;6233 | &nbsp;&nbsp;&nbsp;&nbsp;727142 |
| Hudson Technologies, Inc. (A) | &nbsp;&nbsp;7578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75250 |
| Karat Packaging, Inc. | &nbsp;&nbsp;1535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38697 |
| McGrath RentCorp | &nbsp;&nbsp;4725 | &nbsp;&nbsp;&nbsp;&nbsp;554243 |
| MRC Global, Inc. (A) | 16443 | &nbsp;&nbsp;&nbsp;&nbsp;237108 |
| NPK International, Inc. (A) | 15744 | &nbsp;&nbsp;&nbsp;&nbsp;178065 |
| Rush Enterprises, Inc., Class A | 11763 | &nbsp;&nbsp;&nbsp;&nbsp;628968 |
| Rush Enterprises, Inc., Class B | &nbsp;&nbsp;1932 | &nbsp;&nbsp;&nbsp;&nbsp;110935 |
| Titan Machinery, Inc. (A) | &nbsp;&nbsp;4065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68048 |
| Transcat, Inc. (A) | &nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp;129710 |
| Willis Lease Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66352 |
| Xometry, Inc., Class A (A) | &nbsp;&nbsp;8369 | &nbsp;&nbsp;&nbsp;&nbsp;455859 |
|  |  | &nbsp;&nbsp;&nbsp;6019672 |
| **Transportation infrastructure – 0.0%** | **Transportation infrastructure – 0.0%** |  |
| Sky Harbour Group Corp. (A) | &nbsp;&nbsp;4432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43744 |
|  |  | 95828707 |
| **Information technology – 14.9%** |  |  |
| **Communications equipment – 0.8%** | **Communications equipment – 0.8%** |  |
| ADTRAN Holdings, Inc. (A) | 14443 | &nbsp;&nbsp;&nbsp;&nbsp;135475 |
| Applied Optoelectronics, Inc. (A)(B) | 10277 | &nbsp;&nbsp;&nbsp;&nbsp;266483 |
| Aviat Networks, Inc. (A) | &nbsp;&nbsp;2371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54367 |
| BK Technologies Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47985 |
| Calix, Inc. (A) | 11221 | &nbsp;&nbsp;&nbsp;&nbsp;688633 |
| Clearfield, Inc. (A)(B) | &nbsp;&nbsp;2270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78043 |
| CommScope Holding Company, Inc. (A) | 40766 | &nbsp;&nbsp;&nbsp;&nbsp;631058 |
| Digi International, Inc. (A) | &nbsp;&nbsp;6983 | &nbsp;&nbsp;&nbsp;&nbsp;254600 |
| Extreme Networks, Inc. (A) | 25131 | &nbsp;&nbsp;&nbsp;&nbsp;518955 |
| Harmonic, Inc. (A) | 21805 | &nbsp;&nbsp;&nbsp;&nbsp;221975 |
| Inseego Corp. (A) | &nbsp;&nbsp;2080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31138 |
| NETGEAR, Inc. (A) | &nbsp;&nbsp;5342 | &nbsp;&nbsp;&nbsp;&nbsp;173027 |
| NetScout Systems, Inc. (A) | 13534 | &nbsp;&nbsp;&nbsp;&nbsp;349583 |
| Ribbon Communications, Inc. (A) | 19287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73291 |
| Viasat, Inc. (A) | 22280 | &nbsp;&nbsp;&nbsp;&nbsp;652804 |
| Viavi Solutions, Inc. (A) | 42537 | &nbsp;&nbsp;&nbsp;&nbsp;539795 |
|  |  | &nbsp;&nbsp;&nbsp;4717212 |
| **Electronic equipment, instruments and components – 3.2%** | **Electronic equipment, instruments and components – 3.2%** |  |
| 908 Devices, Inc. (A) | &nbsp;&nbsp;5659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49573 |
| Advanced Energy Industries, Inc. | &nbsp;&nbsp;7179 | &nbsp;&nbsp;&nbsp;1221435 |
| Aeva Technologies, Inc. (A) | &nbsp;&nbsp;5892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85434 |
| Arlo Technologies, Inc. (A) | 19192 | &nbsp;&nbsp;&nbsp;&nbsp;325304 |
| Badger Meter, Inc. | &nbsp;&nbsp;5652 | &nbsp;&nbsp;&nbsp;1009334 |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;2204 | &nbsp;&nbsp;&nbsp;&nbsp;310808 |
| Belden, Inc. | &nbsp;&nbsp;7503 | &nbsp;&nbsp;&nbsp;&nbsp;902386 |
| Benchmark Electronics, Inc. | &nbsp;&nbsp;6841 | &nbsp;&nbsp;&nbsp;&nbsp;263721 |
| Climb Global Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp;102478 |
| CTS Corp. | &nbsp;&nbsp;5681 | &nbsp;&nbsp;&nbsp;&nbsp;226899 |
| Daktronics, Inc. (A) | &nbsp;&nbsp;7108 | &nbsp;&nbsp;&nbsp;&nbsp;148699 |
| ePlus, Inc. | &nbsp;&nbsp;5041 | &nbsp;&nbsp;&nbsp;&nbsp;357961 |
| Evolv Technologies Holdings, Inc. (A) | 22416 | &nbsp;&nbsp;&nbsp;&nbsp;169241 |
| Fabrinet (A) | &nbsp;&nbsp;6891 | &nbsp;&nbsp;&nbsp;2512596 |
| Frequency Electronics, Inc. (A) | &nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49678 |
| Insight Enterprises, Inc. (A) | &nbsp;&nbsp;5513 | &nbsp;&nbsp;&nbsp;&nbsp;625229 |
| Itron, Inc. (A) | &nbsp;&nbsp;8638 | &nbsp;&nbsp;&nbsp;1075949 |
| Kimball Electronics, Inc. (A) | &nbsp;&nbsp;4081 | &nbsp;&nbsp;&nbsp;&nbsp;121859 |
| Knowles Corp. (A) | 16574 | &nbsp;&nbsp;&nbsp;&nbsp;386340 |
| Methode Electronics, Inc. | &nbsp;&nbsp;6803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51363 |
| MicroVision, Inc. (A) | 49241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61059 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| Mirion Technologies, Inc. (A) | 40946 | $&nbsp;&nbsp;&nbsp;&nbsp;952404 |
| Napco Security Technologies, Inc. | &nbsp;&nbsp;6752 | &nbsp;&nbsp;&nbsp;&nbsp;289998 |
| Neonode, Inc. (A)(B) | &nbsp;&nbsp;2072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7231 |
| nLight, Inc. (A) | &nbsp;&nbsp;9431 | &nbsp;&nbsp;&nbsp;&nbsp;279441 |
| Novanta, Inc. (A) | &nbsp;&nbsp;6861 | &nbsp;&nbsp;&nbsp;&nbsp;687129 |
| OSI Systems, Inc. (A) | &nbsp;&nbsp;3067 | &nbsp;&nbsp;&nbsp;&nbsp;764419 |
| Ouster, Inc. (A) | &nbsp;&nbsp;9757 | &nbsp;&nbsp;&nbsp;&nbsp;263927 |
| PAR Technology Corp. (A)(B) | &nbsp;&nbsp;7655 | &nbsp;&nbsp;&nbsp;&nbsp;302985 |
| PC Connection, Inc. | &nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp;136936 |
| Plexus Corp. (A) | &nbsp;&nbsp;5105 | &nbsp;&nbsp;&nbsp;&nbsp;738642 |
| Powerfleet, Inc. (A) | 24061 | &nbsp;&nbsp;&nbsp;&nbsp;126080 |
| Red Cat Holdings, Inc. (A)(B) | 16046 | &nbsp;&nbsp;&nbsp;&nbsp;166076 |
| Rogers Corp. (A) | &nbsp;&nbsp;3513 | &nbsp;&nbsp;&nbsp;&nbsp;282656 |
| Sanmina Corp. (A) | &nbsp;&nbsp;9933 | &nbsp;&nbsp;&nbsp;1143388 |
| ScanSource, Inc. (A) | &nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp;184758 |
| TTM Technologies, Inc. (A) | 19230 | &nbsp;&nbsp;&nbsp;1107648 |
| Vishay Intertechnology, Inc. | 23020 | &nbsp;&nbsp;&nbsp;&nbsp;352206 |
| Vishay Precision Group, Inc. (A) | &nbsp;&nbsp;2545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81567 |
| Vuzix Corp. (A)(B) | 12910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40408 |
|  |  | 17965245 |
| **IT services – 0.5%** | **IT services – 0.5%** |  |
| Applied Digital Corp. (A)(B) | 40735 | &nbsp;&nbsp;&nbsp;&nbsp;934461 |
| ASGN, Inc. (A) | &nbsp;&nbsp;8164 | &nbsp;&nbsp;&nbsp;&nbsp;386565 |
| Backblaze, Inc., Class A (A) | 10892 | &nbsp;&nbsp;&nbsp;&nbsp;101078 |
| BigBear.ai Holdings, Inc. (A)(B) | 55382 | &nbsp;&nbsp;&nbsp;&nbsp;361091 |
| Commerce.com, Inc., Series 1 (A) | 13160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65668 |
| DigitalOcean Holdings, Inc. (A) | 12945 | &nbsp;&nbsp;&nbsp;&nbsp;442201 |
| Fastly, Inc., Class A (A) | 26495 | &nbsp;&nbsp;&nbsp;&nbsp;226532 |
| Grid Dynamics Holdings, Inc. (A) | 12979 | &nbsp;&nbsp;&nbsp;&nbsp;100068 |
| Information Services Group, Inc. | &nbsp;&nbsp;8457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48628 |
| The Hackett Group, Inc. | &nbsp;&nbsp;5206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98966 |
| TSS, Inc. (A)(B) | &nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63711 |
| Unisys Corp. (A) | 13577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52950 |
| VTEX, Class A (A) | 11698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51237 |
|  |  | &nbsp;&nbsp;&nbsp;2933156 |
| **Semiconductors and semiconductor equipment – 3.4%** | **Semiconductors and semiconductor equipment – 3.4%** |  |
| ACM Research, Inc., Class A (A) | &nbsp;&nbsp;9647 | &nbsp;&nbsp;&nbsp;&nbsp;377487 |
| Aehr Test Systems (A) | &nbsp;&nbsp;5553 | &nbsp;&nbsp;&nbsp;&nbsp;167201 |
| Aeluma, Inc. (A) | &nbsp;&nbsp;1923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30960 |
| Alpha & Omega Semiconductor, Ltd. (A) | &nbsp;&nbsp;4822 | &nbsp;&nbsp;&nbsp;&nbsp;134823 |
| Ambarella, Inc. (A) | &nbsp;&nbsp;7774 | &nbsp;&nbsp;&nbsp;&nbsp;641510 |
| Ambiq Micro, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22111 |
| Atomera, Inc. (A)(B) | &nbsp;&nbsp;5948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26290 |
| Axcelis Technologies, Inc. (A) | &nbsp;&nbsp;6122 | &nbsp;&nbsp;&nbsp;&nbsp;597752 |
| Blaize Holdings, Inc. (A) | 14279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49263 |
| CEVA, Inc. (A) | &nbsp;&nbsp;4574 | &nbsp;&nbsp;&nbsp;&nbsp;120799 |
| Cohu, Inc. (A) | &nbsp;&nbsp;8744 | &nbsp;&nbsp;&nbsp;&nbsp;177766 |
| Credo Technology Group Holding, Ltd. (A) | 28153 | &nbsp;&nbsp;&nbsp;4099338 |
| Diodes, Inc. (A) | &nbsp;&nbsp;8806 | &nbsp;&nbsp;&nbsp;&nbsp;468567 |
| FormFactor, Inc. (A) | 14829 | &nbsp;&nbsp;&nbsp;&nbsp;540072 |
| Ichor Holdings, Ltd. (A) | &nbsp;&nbsp;6678 | &nbsp;&nbsp;&nbsp;&nbsp;116999 |
| Impinj, Inc. (A) | &nbsp;&nbsp;4951 | &nbsp;&nbsp;&nbsp;&nbsp;894893 |
| Indie Semiconductor, Inc., Class A (A) | 37673 | &nbsp;&nbsp;&nbsp;&nbsp;153329 |
| Kopin Corp. (A)(B) | 29862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72565 |
| Kulicke & Soffa Industries, Inc. | &nbsp;&nbsp;9780 | &nbsp;&nbsp;&nbsp;&nbsp;397459 |
| MaxLinear, Inc. (A) | 15852 | &nbsp;&nbsp;&nbsp;&nbsp;254900 |
| Navitas Semiconductor Corp. (A) | 25853 | &nbsp;&nbsp;&nbsp;&nbsp;186659 |
| NVE Corp. | &nbsp;&nbsp;&nbsp;&nbsp;983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64160 |
| PDF Solutions, Inc. (A) | &nbsp;&nbsp;6420 | &nbsp;&nbsp;&nbsp;&nbsp;165764 |
| Penguin Solutions, Inc. (A) | &nbsp;&nbsp;9533 | &nbsp;&nbsp;&nbsp;&nbsp;250527 |
| Photronics, Inc. (A) | 10545 | &nbsp;&nbsp;&nbsp;&nbsp;242008 |
| Power Integrations, Inc. | 10798 | &nbsp;&nbsp;&nbsp;&nbsp;434188 |
| Rambus, Inc. (A) | 20546 | &nbsp;&nbsp;&nbsp;2140893 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Rigetti Computing, Inc. (A)(B) | 60787 | $&nbsp;&nbsp;&nbsp;1810845 |
| Semtech Corp. (A) | 16642 | &nbsp;&nbsp;&nbsp;1189071 |
| Silicon Laboratories, Inc. (A) | &nbsp;&nbsp;6141 | &nbsp;&nbsp;&nbsp;&nbsp;805269 |
| SiTime Corp. (A) | &nbsp;&nbsp;4037 | &nbsp;&nbsp;&nbsp;1216388 |
| SkyWater Technology, Inc. (A)(B) | &nbsp;&nbsp;5249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97946 |
| Synaptics, Inc. (A) | &nbsp;&nbsp;7416 | &nbsp;&nbsp;&nbsp;&nbsp;506809 |
| Ultra Clean Holdings, Inc. (A) | &nbsp;&nbsp;8579 | &nbsp;&nbsp;&nbsp;&nbsp;233778 |
| Veeco Instruments, Inc. (A) | 10630 | &nbsp;&nbsp;&nbsp;&nbsp;323471 |
|  |  | 19011860 |
| **Software – 6.2%** | **Software – 6.2%** |  |
| 8x8, Inc. (A) | 26669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56538 |
| A10 Networks, Inc. | 14127 | &nbsp;&nbsp;&nbsp;&nbsp;256405 |
| ACI Worldwide, Inc. (A) | 20106 | &nbsp;&nbsp;&nbsp;1060994 |
| Adeia, Inc. | 21054 | &nbsp;&nbsp;&nbsp;&nbsp;353707 |
| Agilysys, Inc. (A) | &nbsp;&nbsp;4947 | &nbsp;&nbsp;&nbsp;&nbsp;520672 |
| Airship AI Holdings, Inc. (A) | &nbsp;&nbsp;3965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20499 |
| Alarm.com Holdings, Inc. (A) | &nbsp;&nbsp;8998 | &nbsp;&nbsp;&nbsp;&nbsp;477614 |
| Alkami Technology, Inc. (A)(B) | 13100 | &nbsp;&nbsp;&nbsp;&nbsp;325404 |
| Amplitude, Inc., Class A (A) | 17087 | &nbsp;&nbsp;&nbsp;&nbsp;183173 |
| Appian Corp., Class A (A) | &nbsp;&nbsp;7589 | &nbsp;&nbsp;&nbsp;&nbsp;231996 |
| Arteris, Inc. (A)(B) | &nbsp;&nbsp;5879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59378 |
| Asana, Inc., Class A (A) | 16496 | &nbsp;&nbsp;&nbsp;&nbsp;220387 |
| AvePoint, Inc. (A) | 25531 | &nbsp;&nbsp;&nbsp;&nbsp;383220 |
| Bit Digital, Inc. (A)(B) | 60048 | &nbsp;&nbsp;&nbsp;&nbsp;180144 |
| Bitdeer Technologies Group, Class A (A) | 17225 | &nbsp;&nbsp;&nbsp;&nbsp;294375 |
| Blackbaud, Inc. (A) | &nbsp;&nbsp;7354 | &nbsp;&nbsp;&nbsp;&nbsp;472936 |
| Blackline, Inc. (A) | 10046 | &nbsp;&nbsp;&nbsp;&nbsp;533443 |
| Blend Labs, Inc., Class A (A) | 40844 | &nbsp;&nbsp;&nbsp;&nbsp;149081 |
| Box, Inc., Class A (A) | 26758 | &nbsp;&nbsp;&nbsp;&nbsp;863481 |
| Braze, Inc., Class A (A) | 15353 | &nbsp;&nbsp;&nbsp;&nbsp;436639 |
| c3.ai, Inc., Class A (A)(B) | 23132 | &nbsp;&nbsp;&nbsp;&nbsp;401109 |
| Cerence, Inc. (A)(B) | &nbsp;&nbsp;7221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89974 |
| Cipher Mining, Inc. (A)(B) | 50853 | &nbsp;&nbsp;&nbsp;&nbsp;640239 |
| CleanSpark, Inc. (A)(B) | 52982 | &nbsp;&nbsp;&nbsp;&nbsp;768239 |
| Clear Secure, Inc., Class A | 15982 | &nbsp;&nbsp;&nbsp;&nbsp;533479 |
| Clearwater Analytics Holdings, Inc., Class A (A) | 47030 | &nbsp;&nbsp;&nbsp;&nbsp;847481 |
| CommVault Systems, Inc. (A) | &nbsp;&nbsp;8432 | &nbsp;&nbsp;&nbsp;1591793 |
| Consensus Cloud Solutions, Inc. (A) | &nbsp;&nbsp;3793 | &nbsp;&nbsp;&nbsp;&nbsp;111400 |
| Core Scientific, Inc. (A) | 53981 | &nbsp;&nbsp;&nbsp;&nbsp;968419 |
| CoreCard Corp. (A) | &nbsp;&nbsp;1212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32627 |
| Daily Journal Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp;112099 |
| Digimarc Corp. (A)(B) | &nbsp;&nbsp;3471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33912 |
| Digital Turbine, Inc. (A) | 19643 | &nbsp;&nbsp;&nbsp;&nbsp;125715 |
| Domo, Inc., Class B (A) | &nbsp;&nbsp;6828 | &nbsp;&nbsp;&nbsp;&nbsp;108156 |
| D-Wave Quantum, Inc. (A)(B) | 58788 | &nbsp;&nbsp;&nbsp;1452651 |
| EverCommerce, Inc. (A)(B) | &nbsp;&nbsp;3546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39467 |
| Five9, Inc. (A) | 14573 | &nbsp;&nbsp;&nbsp;&nbsp;352667 |
| Freshworks, Inc., Class A (A) | 38967 | &nbsp;&nbsp;&nbsp;&nbsp;458642 |
| Hut 8 Corp. (A)(B) | 18035 | &nbsp;&nbsp;&nbsp;&nbsp;627798 |
| i3 Verticals, Inc., Class A (A)(B) | &nbsp;&nbsp;4633 | &nbsp;&nbsp;&nbsp;&nbsp;150387 |
| Intapp, Inc. (A) | 10594 | &nbsp;&nbsp;&nbsp;&nbsp;433295 |
| InterDigital, Inc. (B) | &nbsp;&nbsp;4934 | &nbsp;&nbsp;&nbsp;1703365 |
| Jamf Holding Corp. (A) | 13537 | &nbsp;&nbsp;&nbsp;&nbsp;144846 |
| Kaltura, Inc. (A) | 17230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24811 |
| Life360, Inc. (A)(B) | &nbsp;&nbsp;3104 | &nbsp;&nbsp;&nbsp;&nbsp;329955 |
| LiveRamp Holdings, Inc. (A) | 12386 | &nbsp;&nbsp;&nbsp;&nbsp;336156 |
| MARA Holdings, Inc. (A)(B) | 70722 | &nbsp;&nbsp;&nbsp;1291384 |
| Mercurity Fintech Holding, Inc. (A) | &nbsp;&nbsp;6077 | &nbsp;&nbsp;&nbsp;&nbsp;149373 |
| MeridianLink, Inc. (A) | &nbsp;&nbsp;6491 | &nbsp;&nbsp;&nbsp;&nbsp;129366 |
| Mitek Systems, Inc. (A) | &nbsp;&nbsp;8594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83963 |
| N-able, Inc. (A) | 14496 | &nbsp;&nbsp;&nbsp;&nbsp;113069 |
| NCR Voyix Corp. (A)(B) | 26503 | &nbsp;&nbsp;&nbsp;&nbsp;332613 |
| NextNav, Inc. (A)(B) | 16998 | &nbsp;&nbsp;&nbsp;&nbsp;243071 |
| ON24, Inc. (A) | &nbsp;&nbsp;6032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34503 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| OneSpan, Inc. | &nbsp;&nbsp;6905 | $&nbsp;&nbsp;&nbsp;&nbsp;109720 |
| Ooma, Inc. (A) | &nbsp;&nbsp;5510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66065 |
| Pagaya Technologies, Ltd., Class A (A)(B) | &nbsp;&nbsp;8650 | &nbsp;&nbsp;&nbsp;&nbsp;256819 |
| PagerDuty, Inc. (A) | 16238 | &nbsp;&nbsp;&nbsp;&nbsp;268252 |
| Porch Group, Inc. (A) | 15500 | &nbsp;&nbsp;&nbsp;&nbsp;260090 |
| Progress Software Corp. (A) | &nbsp;&nbsp;8132 | &nbsp;&nbsp;&nbsp;&nbsp;357239 |
| PROS Holdings, Inc. (A) | &nbsp;&nbsp;8537 | &nbsp;&nbsp;&nbsp;&nbsp;195583 |
| Q2 Holdings, Inc. (A) | 11838 | &nbsp;&nbsp;&nbsp;&nbsp;856953 |
| Qualys, Inc. (A) | &nbsp;&nbsp;6946 | &nbsp;&nbsp;&nbsp;&nbsp;919164 |
| Rapid7, Inc. (A) | 12254 | &nbsp;&nbsp;&nbsp;&nbsp;229763 |
| Red Violet, Inc. | &nbsp;&nbsp;2260 | &nbsp;&nbsp;&nbsp;&nbsp;118085 |
| ReposiTrak, Inc. (B) | &nbsp;&nbsp;2267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33597 |
| Rezolve AI PLC (A)(B) | 27902 | &nbsp;&nbsp;&nbsp;&nbsp;138952 |
| Rimini Street, Inc. (A) | &nbsp;&nbsp;9837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46037 |
| Riot Platforms, Inc. (A) | 66212 | &nbsp;&nbsp;&nbsp;1260014 |
| Sapiens International Corp. NV | &nbsp;&nbsp;6240 | &nbsp;&nbsp;&nbsp;&nbsp;268320 |
| SEMrush Holdings, Inc., Class A (A) | &nbsp;&nbsp;9082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64301 |
| SoundHound AI, Inc., Class A (A)(B) | 69941 | &nbsp;&nbsp;&nbsp;1124651 |
| SoundThinking, Inc. (A) | &nbsp;&nbsp;2170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26170 |
| Sprinklr, Inc., Class A (A) | 21398 | &nbsp;&nbsp;&nbsp;&nbsp;165193 |
| Sprout Social, Inc., Class A (A) | &nbsp;&nbsp;9999 | &nbsp;&nbsp;&nbsp;&nbsp;129187 |
| SPS Commerce, Inc. (A) | &nbsp;&nbsp;7260 | &nbsp;&nbsp;&nbsp;&nbsp;756056 |
| Telos Corp. (A) | &nbsp;&nbsp;9536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65226 |
| Tenable Holdings, Inc. (A) | 22854 | &nbsp;&nbsp;&nbsp;&nbsp;666423 |
| TeraWulf, Inc. (A)(B) | 53811 | &nbsp;&nbsp;&nbsp;&nbsp;614522 |
| Varonis Systems, Inc. (A) | 21004 | &nbsp;&nbsp;&nbsp;1207100 |
| Verint Systems, Inc. (A) | 11868 | &nbsp;&nbsp;&nbsp;&nbsp;240327 |
| Vertex, Inc., Class A (A) | 12454 | &nbsp;&nbsp;&nbsp;&nbsp;308735 |
| Viant Technology, Inc., Class A (A) | &nbsp;&nbsp;3240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27961 |
| Weave Communications, Inc. (A) | 11391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76092 |
| Workiva, Inc. (A) | &nbsp;&nbsp;9599 | &nbsp;&nbsp;&nbsp;&nbsp;826282 |
| Xperi, Inc. (A) | &nbsp;&nbsp;8953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58015 |
| Yext, Inc. (A) | 20285 | &nbsp;&nbsp;&nbsp;&nbsp;172828 |
| Zeta Global Holdings Corp., Class A (A) | 35295 | &nbsp;&nbsp;&nbsp;&nbsp;701312 |
|  |  | 34491144 |
| **Technology hardware, storage and peripherals – 0.8%** | **Technology hardware, storage and peripherals – 0.8%** |  |
| CompoSecure, Inc., Class A (A) | &nbsp;&nbsp;8506 | &nbsp;&nbsp;&nbsp;&nbsp;177095 |
| Corsair Gaming, Inc. (A) | &nbsp;&nbsp;9163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81734 |
| Diebold Nixdorf, Inc. (A) | &nbsp;&nbsp;4891 | &nbsp;&nbsp;&nbsp;&nbsp;278934 |
| Eastman Kodak Company (A)(B) | 12657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81131 |
| Immersion Corp. | &nbsp;&nbsp;5663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41566 |
| IonQ, Inc. (A)(B) | 52606 | &nbsp;&nbsp;&nbsp;3235269 |
| Quantum Computing, Inc. (A)(B) | 25510 | &nbsp;&nbsp;&nbsp;&nbsp;469639 |
| Turtle Beach Corp. (A) | &nbsp;&nbsp;2881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45808 |
| Xerox Holdings Corp. (B) | 22659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85198 |
|  |  | &nbsp;&nbsp;&nbsp;4496374 |
|  |  | 83614991 |
| **Materials – 4.1%** |  |  |
| **Chemicals – 1.6%** | **Chemicals – 1.6%** |  |
| AdvanSix, Inc. | &nbsp;&nbsp;5234 | &nbsp;&nbsp;&nbsp;&nbsp;101435 |
| Arq, Inc. (A)(B) | &nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47757 |
| ASP Isotopes, Inc. (A)(B) | 14270 | &nbsp;&nbsp;&nbsp;&nbsp;137277 |
| Aspen Aerogels, Inc. (A) | 13050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90828 |
| Avient Corp. | 17600 | &nbsp;&nbsp;&nbsp;&nbsp;579920 |
| Balchem Corp. | &nbsp;&nbsp;6264 | &nbsp;&nbsp;&nbsp;&nbsp;939976 |
| Cabot Corp. | 10313 | &nbsp;&nbsp;&nbsp;&nbsp;784304 |
| Ecovyst, Inc. (A) | 21113 | &nbsp;&nbsp;&nbsp;&nbsp;184950 |
| Flotek Industries, Inc. (A)(B) | &nbsp;&nbsp;2880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42048 |
| Hawkins, Inc. | &nbsp;&nbsp;3735 | &nbsp;&nbsp;&nbsp;&nbsp;682459 |
| HB Fuller Company | 10377 | &nbsp;&nbsp;&nbsp;&nbsp;615149 |
| Ingevity Corp. (A) | &nbsp;&nbsp;7024 | &nbsp;&nbsp;&nbsp;&nbsp;387655 |
| Innospec, Inc. | &nbsp;&nbsp;4794 | &nbsp;&nbsp;&nbsp;&nbsp;369905 |
| Intrepid Potash, Inc. (A) | &nbsp;&nbsp;2268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69355 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Chemicals (continued)** | **Chemicals (continued)** |  |
| Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;3792 | $&nbsp;&nbsp;&nbsp;&nbsp;106176 |
| Kronos Worldwide, Inc. | &nbsp;&nbsp;&nbsp;5235 | &nbsp;&nbsp;&nbsp;&nbsp;30049 |
| LSB Industries, Inc. (A) | &nbsp;&nbsp;10868 | &nbsp;&nbsp;&nbsp;&nbsp;85640 |
| Mativ Holdings, Inc. | &nbsp;&nbsp;10937 | &nbsp;&nbsp;&nbsp;&nbsp;123697 |
| Minerals Technologies, Inc. | &nbsp;&nbsp;&nbsp;6118 | &nbsp;&nbsp;&nbsp;&nbsp;380050 |
| Orion SA | &nbsp;&nbsp;10931 | &nbsp;&nbsp;&nbsp;&nbsp;82857 |
| Perimeter Solutions, Inc. (A) | &nbsp;&nbsp;26728 | &nbsp;&nbsp;&nbsp;&nbsp;598440 |
| PureCycle Technologies, Inc. (A)(B) | &nbsp;&nbsp;24913 | &nbsp;&nbsp;&nbsp;&nbsp;327606 |
| Quaker Chemical Corp. (B) | &nbsp;&nbsp;&nbsp;2666 | &nbsp;&nbsp;&nbsp;&nbsp;351246 |
| Rayonier Advanced Materials, Inc. (A) | &nbsp;&nbsp;12684 | &nbsp;&nbsp;&nbsp;&nbsp;91578 |
| Sensient Technologies Corp. | &nbsp;&nbsp;&nbsp;8075 | &nbsp;&nbsp;&nbsp;&nbsp;757839 |
| Stepan Company | &nbsp;&nbsp;&nbsp;4157 | &nbsp;&nbsp;&nbsp;&nbsp;198289 |
| The Chemours Company | &nbsp;&nbsp;29060 | &nbsp;&nbsp;&nbsp;&nbsp;460310 |
| Tronox Holdings PLC | &nbsp;&nbsp;23332 | &nbsp;&nbsp;&nbsp;&nbsp;93795 |
|  |  | 8720590 |
| **Construction materials – 0.2%** | **Construction materials – 0.2%** |  |
| Knife River Corp. (A) | &nbsp;&nbsp;10905 | &nbsp;&nbsp;&nbsp;&nbsp;838267 |
| Titan America SA (A) | &nbsp;&nbsp;&nbsp;5388 | &nbsp;&nbsp;&nbsp;&nbsp;80497 |
| United States Lime & Minerals, Inc. | &nbsp;&nbsp;&nbsp;2130 | &nbsp;&nbsp;&nbsp;&nbsp;280202 |
|  |  | 1198966 |
| **Containers and packaging – 0.2%** | **Containers and packaging – 0.2%** |  |
| Ardagh Metal Packaging SA | &nbsp;&nbsp;27361 | &nbsp;&nbsp;&nbsp;&nbsp;109170 |
| Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;4660 | &nbsp;&nbsp;&nbsp;&nbsp;278482 |
| Greif, Inc., Class B | &nbsp;&nbsp;&nbsp;1008 | &nbsp;&nbsp;&nbsp;&nbsp;62103 |
| Myers Industries, Inc. | &nbsp;&nbsp;&nbsp;7209 | &nbsp;&nbsp;&nbsp;&nbsp;122120 |
| O-I Glass, Inc. (A) | &nbsp;&nbsp;29241 | &nbsp;&nbsp;&nbsp;&nbsp;379256 |
| Ranpak Holdings Corp. (A)(B) | &nbsp;&nbsp;10046 | &nbsp;&nbsp;&nbsp;&nbsp;56459 |
| TriMas Corp. | &nbsp;&nbsp;&nbsp;6393 | &nbsp;&nbsp;&nbsp;&nbsp;247026 |
|  |  | 1254616 |
| **Metals and mining – 2.0%** | **Metals and mining – 2.0%** |  |
| 1911 Gold Corp. (A) | &nbsp;&nbsp;&nbsp;5045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3329 |
| Alpha Metallurgical Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;368874 |
| American Battery Technology Company (A) | &nbsp;&nbsp;16419 | &nbsp;&nbsp;&nbsp;&nbsp;79796 |
| Caledonia Mining Corp. PLC | &nbsp;&nbsp;&nbsp;2741 | &nbsp;&nbsp;&nbsp;&nbsp;99252 |
| Century Aluminum Company (A) | &nbsp;&nbsp;10060 | &nbsp;&nbsp;&nbsp;&nbsp;295362 |
| Coeur Mining, Inc. (A) | 122368 | 2295624 |
| Commercial Metals Company | &nbsp;&nbsp;21459 | 1229172 |
| Compass Minerals International, Inc. (A) | &nbsp;&nbsp;&nbsp;6708 | &nbsp;&nbsp;&nbsp;&nbsp;128794 |
| Constellium SE (A) | &nbsp;&nbsp;27292 | &nbsp;&nbsp;&nbsp;&nbsp;406105 |
| Contango ORE, Inc. (A) | &nbsp;&nbsp;&nbsp;1826 | &nbsp;&nbsp;&nbsp;&nbsp;45522 |
| Critical Metals Corp. (A) | &nbsp;&nbsp;&nbsp;5962 | &nbsp;&nbsp;&nbsp;&nbsp;37084 |
| Dakota Gold Corp. (A) | &nbsp;&nbsp;18102 | &nbsp;&nbsp;&nbsp;&nbsp;82364 |
| Ferroglobe PLC | &nbsp;&nbsp;23759 | &nbsp;&nbsp;&nbsp;&nbsp;108103 |
| Hecla Mining Company | 115223 | 1394198 |
| Idaho Strategic Resources, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;2715 | &nbsp;&nbsp;&nbsp;&nbsp;91740 |
| Ivanhoe Electric, Inc. (A) | &nbsp;&nbsp;17082 | &nbsp;&nbsp;&nbsp;&nbsp;214379 |
| Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;3064 | &nbsp;&nbsp;&nbsp;&nbsp;236418 |
| MAC Copper, Ltd. (A) | &nbsp;&nbsp;11445 | &nbsp;&nbsp;&nbsp;&nbsp;139743 |
| Materion Corp. | &nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;483240 |
| Metallus, Inc. (A) | &nbsp;&nbsp;&nbsp;7227 | &nbsp;&nbsp;&nbsp;&nbsp;119462 |
| NioCorp Developments, Ltd. (A) | &nbsp;&nbsp;13984 | &nbsp;&nbsp;&nbsp;&nbsp;93413 |
| Novagold Resources, Inc. (A) | &nbsp;&nbsp;57167 | &nbsp;&nbsp;&nbsp;&nbsp;503070 |
| Olympic Steel, Inc. | &nbsp;&nbsp;&nbsp;1940 | &nbsp;&nbsp;&nbsp;&nbsp;59073 |
| Pan American Silver Corp. (A) | &nbsp;&nbsp;88114 | &nbsp;&nbsp;&nbsp;&nbsp;30831 |
| Perpetua Resources Corp. (A) | &nbsp;&nbsp;14129 | &nbsp;&nbsp;&nbsp;&nbsp;285830 |
| Ramaco Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5412 | &nbsp;&nbsp;&nbsp;&nbsp;179624 |
| Ryerson Holding Corp. | &nbsp;&nbsp;&nbsp;5309 | &nbsp;&nbsp;&nbsp;&nbsp;121364 |
| SSR Mining, Inc. (A) | &nbsp;&nbsp;38374 | &nbsp;&nbsp;&nbsp;&nbsp;937093 |
| SunCoke Energy, Inc. | &nbsp;&nbsp;16307 | &nbsp;&nbsp;&nbsp;&nbsp;133065 |
| Tredegar Corp. (A) | &nbsp;&nbsp;&nbsp;5494 | &nbsp;&nbsp;&nbsp;&nbsp;44117 |
| United States Antimony Corp. (A)(B) | &nbsp;&nbsp;18173 | &nbsp;&nbsp;&nbsp;&nbsp;112673 |
| US Gold Corp. (A) | &nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp;43013 |
| Vox Royalty Corp. | &nbsp;&nbsp;11014 | &nbsp;&nbsp;&nbsp;&nbsp;47360 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Metals and mining (continued)** | **Metals and mining (continued)** |  |
| Warrior Met Coal, Inc. | &nbsp;&nbsp;9986 | $&nbsp;&nbsp;&nbsp;&nbsp;635509 |
| Worthington Steel, Inc. | &nbsp;&nbsp;6441 | &nbsp;&nbsp;&nbsp;&nbsp;195742 |
|  |  | 11280338 |
| **Paper and forest products – 0.1%** | **Paper and forest products – 0.1%** |  |
| Clearwater Paper Corp. (A) | &nbsp;&nbsp;3087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64086 |
| Magnera Corp. (A) | &nbsp;&nbsp;6509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76285 |
| Resolute Forest Products, Inc. (A)(C) | &nbsp;&nbsp;9238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13118 |
| Sylvamo Corp. | &nbsp;&nbsp;6533 | &nbsp;&nbsp;&nbsp;&nbsp;288889 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;442378 |
|  |  | 22896888 |
| **Real estate – 5.6%** |  |  |
| **Diversified REITs – 0.5%** | **Diversified REITs – 0.5%** |  |
| Alexander & Baldwin, Inc. | 14776 | &nbsp;&nbsp;&nbsp;&nbsp;268775 |
| Alpine Income Property Trust, Inc. | &nbsp;&nbsp;3169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44905 |
| American Assets Trust, Inc. | 10097 | &nbsp;&nbsp;&nbsp;&nbsp;205171 |
| Armada Hoffler Properties, Inc. | 14617 | &nbsp;&nbsp;&nbsp;&nbsp;102465 |
| Broadstone Net Lease, Inc. | 35782 | &nbsp;&nbsp;&nbsp;&nbsp;639424 |
| CTO Realty Growth, Inc. | &nbsp;&nbsp;5941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96838 |
| Essential Properties Realty Trust, Inc. | 37463 | &nbsp;&nbsp;&nbsp;1114899 |
| Gladstone Commercial Corp. | &nbsp;&nbsp;8691 | &nbsp;&nbsp;&nbsp;&nbsp;107073 |
| Global Net Lease, Inc. | 37640 | &nbsp;&nbsp;&nbsp;&nbsp;306013 |
| Modiv Industrial, Inc. | &nbsp;&nbsp;2136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31271 |
| NexPoint Diversified Real Estate Trust | &nbsp;&nbsp;7818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28848 |
| One Liberty Properties, Inc. | &nbsp;&nbsp;4321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95581 |
|  |  | &nbsp;&nbsp;&nbsp;3041263 |
| **Health care REITs – 0.9%** | **Health care REITs – 0.9%** |  |
| American Healthcare REIT, Inc. | 30311 | &nbsp;&nbsp;&nbsp;1273365 |
| CareTrust REIT, Inc. | 40440 | &nbsp;&nbsp;&nbsp;1402459 |
| Community Healthcare Trust, Inc. | &nbsp;&nbsp;5223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79912 |
| Diversified Healthcare Trust | 43472 | &nbsp;&nbsp;&nbsp;&nbsp;191712 |
| Global Medical REIT, Inc. | &nbsp;&nbsp;2704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91152 |
| LTC Properties, Inc. | &nbsp;&nbsp;8436 | &nbsp;&nbsp;&nbsp;&nbsp;310951 |
| National Health Investors, Inc. | &nbsp;&nbsp;8788 | &nbsp;&nbsp;&nbsp;&nbsp;698646 |
| Sabra Health Care REIT, Inc. | 44937 | &nbsp;&nbsp;&nbsp;&nbsp;837626 |
| Sila Realty Trust, Inc. | 10595 | &nbsp;&nbsp;&nbsp;&nbsp;265935 |
| Universal Health Realty Income Trust | &nbsp;&nbsp;2613 | &nbsp;&nbsp;&nbsp;&nbsp;102351 |
|  |  | &nbsp;&nbsp;&nbsp;5254109 |
| **Hotel and resort REITs – 0.6%** | **Hotel and resort REITs – 0.6%** |  |
| Apple Hospitality REIT, Inc. | 40986 | &nbsp;&nbsp;&nbsp;&nbsp;492242 |
| Braemar Hotels & Resorts, Inc. | 12238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33410 |
| Chatham Lodging Trust | &nbsp;&nbsp;8473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56854 |
| DiamondRock Hospitality Company | 38371 | &nbsp;&nbsp;&nbsp;&nbsp;305433 |
| Pebblebrook Hotel Trust | 21912 | &nbsp;&nbsp;&nbsp;&nbsp;249578 |
| RLJ Lodging Trust | 26904 | &nbsp;&nbsp;&nbsp;&nbsp;193709 |
| Ryman Hospitality Properties, Inc. | 11754 | &nbsp;&nbsp;&nbsp;1053041 |
| Service Properties Trust | 30647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83053 |
| Summit Hotel Properties, Inc. | 20457 | &nbsp;&nbsp;&nbsp;&nbsp;112309 |
| Sunstone Hotel Investors, Inc. | 37027 | &nbsp;&nbsp;&nbsp;&nbsp;346943 |
| Xenia Hotels & Resorts, Inc. | 19363 | &nbsp;&nbsp;&nbsp;&nbsp;265660 |
|  |  | &nbsp;&nbsp;&nbsp;3192232 |
| **Industrial REITs – 0.4%** | **Industrial REITs – 0.4%** |  |
| Industrial Logistics Properties Trust | 10904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63570 |
| Innovative Industrial Properties, Inc. | &nbsp;&nbsp;5288 | &nbsp;&nbsp;&nbsp;&nbsp;283331 |
| LXP Industrial Trust | 56639 | &nbsp;&nbsp;&nbsp;&nbsp;507485 |
| Plymouth Industrial REIT, Inc. | &nbsp;&nbsp;8072 | &nbsp;&nbsp;&nbsp;&nbsp;180248 |
| Terreno Realty Corp. | 19332 | &nbsp;&nbsp;&nbsp;1097091 |
|  |  | &nbsp;&nbsp;&nbsp;2131725 |
| **Office REITs – 0.7%** | **Office REITs – 0.7%** |  |
| Brandywine Realty Trust | 33653 | &nbsp;&nbsp;&nbsp;&nbsp;140333 |
| City Office REIT, Inc. | &nbsp;&nbsp;9220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64171 |
| COPT Defense Properties | 21495 | &nbsp;&nbsp;&nbsp;&nbsp;624645 |
| Douglas Emmett, Inc. | 30375 | &nbsp;&nbsp;&nbsp;&nbsp;472939 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Office REITs (continued)** | **Office REITs (continued)** |  |
| Easterly Government Properties, Inc. | &nbsp;&nbsp;7216 | $&nbsp;&nbsp;&nbsp;&nbsp;165463 |
| Empire State Realty Trust, Inc., Class A | 26809 | &nbsp;&nbsp;&nbsp;&nbsp;205357 |
| Franklin Street Properties Corp. | 18269 | &nbsp;&nbsp;&nbsp;&nbsp;29230 |
| Hudson Pacific Properties, Inc. (A) | 70042 | &nbsp;&nbsp;&nbsp;&nbsp;193316 |
| JBG SMITH Properties | 11326 | &nbsp;&nbsp;&nbsp;&nbsp;252004 |
| NET Lease Office Properties | &nbsp;&nbsp;2844 | &nbsp;&nbsp;&nbsp;&nbsp;84353 |
| Paramount Group, Inc. (A) | 36311 | &nbsp;&nbsp;&nbsp;&nbsp;237474 |
| Peakstone Realty Trust | &nbsp;&nbsp;7239 | &nbsp;&nbsp;&nbsp;&nbsp;94976 |
| Piedmont Realty Trust, Inc. | 23511 | &nbsp;&nbsp;&nbsp;&nbsp;211599 |
| Postal Realty Trust, Inc., Class A | &nbsp;&nbsp;4486 | &nbsp;&nbsp;&nbsp;&nbsp;70385 |
| SL Green Realty Corp. | 13633 | &nbsp;&nbsp;&nbsp;&nbsp;815390 |
|  |  | 3661635 |
| **Real estate management and development – 0.6%** | **Real estate management and development – 0.6%** |  |
| Anywhere Real Estate, Inc. (A) | 20573 | &nbsp;&nbsp;&nbsp;&nbsp;217868 |
| Compass, Inc., Class A (A) | 89325 | &nbsp;&nbsp;&nbsp;&nbsp;717280 |
| Cushman & Wakefield PLC (A) | 44013 | &nbsp;&nbsp;&nbsp;&nbsp;700687 |
| Douglas Elliman, Inc. (A) | 14806 | &nbsp;&nbsp;&nbsp;&nbsp;42345 |
| eXp World Holdings, Inc. (B) | 16705 | &nbsp;&nbsp;&nbsp;&nbsp;178075 |
| Forestar Group, Inc. (A) | &nbsp;&nbsp;3917 | &nbsp;&nbsp;&nbsp;&nbsp;104153 |
| FRP Holdings, Inc. (A) | &nbsp;&nbsp;2569 | &nbsp;&nbsp;&nbsp;&nbsp;62581 |
| Kennedy-Wilson Holdings, Inc. | 24275 | &nbsp;&nbsp;&nbsp;&nbsp;201968 |
| Marcus & Millichap, Inc. | &nbsp;&nbsp;5002 | &nbsp;&nbsp;&nbsp;&nbsp;146809 |
| Maui Land & Pineapple Company, Inc. (A) | &nbsp;&nbsp;1578 | &nbsp;&nbsp;&nbsp;&nbsp;29414 |
| Newmark Group, Inc., Class A | 28586 | &nbsp;&nbsp;&nbsp;&nbsp;533129 |
| RE/MAX Holdings, Inc., Class A (A) | &nbsp;&nbsp;4007 | &nbsp;&nbsp;&nbsp;&nbsp;37786 |
| Seaport Entertainment Group, Inc. (A)(B) | &nbsp;&nbsp;1668 | &nbsp;&nbsp;&nbsp;&nbsp;38231 |
| Tejon Ranch Company (A)(B) | &nbsp;&nbsp;4721 | &nbsp;&nbsp;&nbsp;&nbsp;75442 |
| The Real Brokerage, Inc. (A) | 20796 | &nbsp;&nbsp;&nbsp;&nbsp;86927 |
| The RMR Group, Inc., Class A | &nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp;50824 |
| The St. Joe Company | &nbsp;&nbsp;7272 | &nbsp;&nbsp;&nbsp;&nbsp;359819 |
|  |  | 3583338 |
| **Residential REITs – 0.4%** | **Residential REITs – 0.4%** |  |
| Apartment Investment and Management Company, Class A | 26483 | &nbsp;&nbsp;&nbsp;&nbsp;210010 |
| BRT Apartments Corp. | &nbsp;&nbsp;2552 | &nbsp;&nbsp;&nbsp;&nbsp;39964 |
| Centerspace | &nbsp;&nbsp;3222 | &nbsp;&nbsp;&nbsp;&nbsp;189776 |
| Elme Communities | 16795 | &nbsp;&nbsp;&nbsp;&nbsp;283164 |
| Independence Realty Trust, Inc. | 44010 | &nbsp;&nbsp;&nbsp;&nbsp;721324 |
| NexPoint Residential Trust, Inc. | &nbsp;&nbsp;4525 | &nbsp;&nbsp;&nbsp;&nbsp;145796 |
| UMH Properties, Inc. | 15366 | &nbsp;&nbsp;&nbsp;&nbsp;228185 |
| Veris Residential, Inc. | 15147 | &nbsp;&nbsp;&nbsp;&nbsp;230234 |
|  |  | 2048453 |
| **Retail REITs – 1.1%** | **Retail REITs – 1.1%** |  |
| Acadia Realty Trust | 25352 | &nbsp;&nbsp;&nbsp;&nbsp;510843 |
| Alexander's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp;108100 |
| CBL & Associates Properties, Inc. | &nbsp;&nbsp;3442 | &nbsp;&nbsp;&nbsp;&nbsp;105256 |
| Curbline Properties Corp. | 18840 | &nbsp;&nbsp;&nbsp;&nbsp;420132 |
| FrontView REIT, Inc. | &nbsp;&nbsp;3617 | &nbsp;&nbsp;&nbsp;&nbsp;49589 |
| Getty Realty Corp. | 10051 | &nbsp;&nbsp;&nbsp;&nbsp;269668 |
| InvenTrust Properties Corp. | 14982 | &nbsp;&nbsp;&nbsp;&nbsp;428785 |
| Kite Realty Group Trust | 41574 | &nbsp;&nbsp;&nbsp;&nbsp;927100 |
| NETSTREIT Corp. | 17456 | &nbsp;&nbsp;&nbsp;&nbsp;315255 |
| Phillips Edison & Company, Inc. | 23956 | &nbsp;&nbsp;&nbsp;&nbsp;822409 |
| Saul Centers, Inc. | &nbsp;&nbsp;2713 | &nbsp;&nbsp;&nbsp;&nbsp;86463 |
| SITE Centers Corp. | &nbsp;&nbsp;9814 | &nbsp;&nbsp;&nbsp;&nbsp;88424 |
| Tanger, Inc. | 21076 | &nbsp;&nbsp;&nbsp;&nbsp;713212 |
| The Macerich Company | 48304 | &nbsp;&nbsp;&nbsp;&nbsp;879133 |
| Urban Edge Properties | 24541 | &nbsp;&nbsp;&nbsp;&nbsp;502354 |
| Whitestone REIT | &nbsp;&nbsp;8548 | &nbsp;&nbsp;&nbsp;&nbsp;104969 |
|  |  | 6331692 |
| **Specialized REITs – 0.4%** | **Specialized REITs – 0.4%** |  |
| Farmland Partners, Inc. | &nbsp;&nbsp;8010 | &nbsp;&nbsp;&nbsp;&nbsp;87149 |
| Four Corners Property Trust, Inc. | 19267 | &nbsp;&nbsp;&nbsp;&nbsp;470115 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialized REITs (continued)** | **Specialized REITs (continued)** |  |
| Gladstone Land Corp. | &nbsp;&nbsp;7272 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66612 |
| Outfront Media, Inc. | 26095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478060 |
| PotlatchDeltic Corp. | 14818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603834 |
| Safehold, Inc. | 10760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166672 |
| Smartstop Self Storage REIT, Inc. | &nbsp;&nbsp;5173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194712 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2067154 |
|  |  | &nbsp;&nbsp;&nbsp;31311601 |
| **Utilities – 3.1%** |  |  |
| **Electric utilities – 1.2%** | **Electric utilities – 1.2%** |  |
| ALLETE, Inc. | 10886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722830 |
| Genie Energy, Ltd., B Shares | &nbsp;&nbsp;4234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63298 |
| Hawaiian Electric Industries, Inc. (A)(B) | 33392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368648 |
| MGE Energy, Inc. | &nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599783 |
| Oklo, Inc. (A) | 20685 | &nbsp;&nbsp;&nbsp;&nbsp;2309067 |
| Otter Tail Corp. | &nbsp;&nbsp;7374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604447 |
| Portland General Electric Company | 20650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908600 |
| TXNM Energy, Inc. | 18276 | &nbsp;&nbsp;&nbsp;&nbsp;1033508 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6610181 |
| **Gas utilities – 1.0%** | **Gas utilities – 1.0%** |  |
| Brookfield Infrastructure Corp., Class A (B) | 23069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948597 |
| Chesapeake Utilities Corp. | &nbsp;&nbsp;4421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595464 |
| New Jersey Resources Corp. | 19026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916102 |
| Northwest Natural Holding Company | &nbsp;&nbsp;7725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347084 |
| ONE Gas, Inc. | 11295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914217 |
| RGC Resources, Inc. | &nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39764 |
| Southwest Gas Holdings, Inc. | 12297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963347 |
| Spire, Inc. | 10849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884410 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5608985 |
| **Independent power and renewable electricity producers –<br> 0.2%** | **Independent power and renewable electricity producers –<br> 0.2%** |  |
| Hallador Energy Company (A)(B) | &nbsp;&nbsp;6051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118418 |
| Montauk Renewables, Inc. (A) | 12923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25975 |
| Ormat Technologies, Inc. | 11591 | &nbsp;&nbsp;&nbsp;&nbsp;1115634 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1260027 |
| **Multi-utilities – 0.4%** | **Multi-utilities – 0.4%** |  |
| Avista Corp. | 15040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568662 |
| Black Hills Corp. | 13452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828509 |
| Northwestern Energy Group, Inc. | 11609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680403 |
| Unitil Corp. | &nbsp;&nbsp;3317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158752 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2236326 |
| **Water utilities – 0.3%** | **Water utilities – 0.3%** |  |
| American States Water Company | &nbsp;&nbsp;7344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538462 |
| Cadiz, Inc. (A)(B) | 12356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58320 |
| California Water Service Group | 11517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528515 |
| Consolidated Water Company, Ltd. | &nbsp;&nbsp;3057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107851 |
| Global Water Resources, Inc. | &nbsp;&nbsp;3608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37162 |
| H2O America | &nbsp;&nbsp;6030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293661 |
| Middlesex Water Company | &nbsp;&nbsp;3558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192559 |
| Pure Cycle Corp. (A) | &nbsp;&nbsp;4446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49217 |
| The York Water Company | &nbsp;&nbsp;3159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96097 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1901844 |
|  |  | &nbsp;&nbsp;&nbsp;17617363 |
| TOTAL COMMON STOCKS (Cost $401,681,925) | TOTAL COMMON STOCKS (Cost $401,681,925) | $539708403 |
| **RIGHTS – 0.0%** |  |  |
| Gen Digital, Inc. (Expiration Date: 4-17-27) (A)(D) | &nbsp;&nbsp;1637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11410 |
| TOTAL RIGHTS (Cost $6,384) | TOTAL RIGHTS (Cost $6,384) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11410 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **WARRANTS – 0.0%** |  |  |
| Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434 |
| TOTAL WARRANTS (Cost $0) | TOTAL WARRANTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434 |
| **SHORT-TERM INVESTMENTS – 6.6%** | **SHORT-TERM INVESTMENTS – 6.6%** |  |
| **Short-term funds – 6.6%** |  |  |
| John Hancock Collateral Trust, 4.0668% (E)(F) | 3716087 | &nbsp;&nbsp;&nbsp;37173508 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $37,172,538) | TOTAL SHORT-TERM INVESTMENTS (Cost $37,172,538) | $&nbsp;&nbsp;&nbsp;37173508 |
| **Total Investments (Small Cap Index Trust)<br> (Cost $438,860,847) – 102.7%** | **Total Investments (Small Cap Index Trust)<br> (Cost $438,860,847) – 102.7%** | $**576893755** |
| **Other assets and liabilities, net – (2.7%)** | **Other assets and liabilities, net – (2.7%)** | &nbsp;&nbsp;**(15153934)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**561739821** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $61,628,489. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $45,298,935 in the form of U.S. Treasuries was pledged to the fund. |
| (C) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (D) | Strike price and/or expiration date not available. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $18,000,029. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;178 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$21730036 | &nbsp;&nbsp;&nbsp;&nbsp;$21853950 | &nbsp;&nbsp;&nbsp;&nbsp;$123914 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$123914** |

---

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

#### Small Cap Opportunities Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 99.9%** | **COMMON STOCKS – 99.9%** |  |
| **Communication services – 3.2%** |  |  |
| **Diversified telecommunication services – 0.7%** | **Diversified telecommunication services – 0.7%** |  |
| ATN International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1281 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19177 |
| Bandwidth, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38824 |
| Frontier Communications Parent, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418096 |
| GCI Liberty, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |
| GCI Liberty, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17012 |
| GCI Liberty, Inc., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78602 |
| Liberty Global, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182363 |
| Liberty Global, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135830 |
| Liberty Latin America, Ltd., Class A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34851 |
| Liberty Latin America, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117856 |
| Shenandoah Telecommunications Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86385 |
| Sunrise Communications AG, Class A, ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114680 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243676 |
| **Entertainment – 0.1%** | **Entertainment – 0.1%** |  |
| Liberty Media Corp.-Liberty Live, Series A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8864 |
| Liberty Media Corp.-Liberty Live, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8630 |
| Lionsgate Studios Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22501 |
| Sphere Entertainment Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134552 |
| Starz Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3196 |
| The Marcus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71765 |
| Vivid Seats, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3374 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252882 |
| **Interactive media and services – 0.5%** | **Interactive media and services – 0.5%** |  |
| Angi, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80747 |

---

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Interactive media and services (continued)** | **Interactive media and services (continued)** |  |
| Bumble, Inc., Class A (A) | 13782 | $&nbsp;&nbsp;&nbsp;83932 |
| Cars.com, Inc. (A) | &nbsp;&nbsp;5933 | &nbsp;&nbsp;&nbsp;72501 |
| DHI Group, Inc. (A) | &nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;14489 |
| TripAdvisor, Inc. (A) | &nbsp;&nbsp;4579 | &nbsp;&nbsp;&nbsp;74455 |
| TrueCar, Inc. (A) | &nbsp;&nbsp;8052 | &nbsp;&nbsp;&nbsp;14816 |
| Vimeo, Inc. (A) | &nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;47275 |
| Yelp, Inc. (A) | &nbsp;&nbsp;2397 | &nbsp;&nbsp;&nbsp;74786 |
| Ziff Davis, Inc. (A) | &nbsp;&nbsp;3608 | 137465 |
| ZoomInfo Technologies, Inc. (A) | 17541 | 191372 |
|  |  | 791838 |
| **Media – 1.5%** | **Media – 1.5%** |  |
| Advantage Solutions, Inc. (A) | &nbsp;&nbsp;9240 | &nbsp;&nbsp;&nbsp;14137 |
| AMC Networks, Inc., Class A (A) | &nbsp;&nbsp;2542 | &nbsp;&nbsp;&nbsp;20946 |
| Boston Omaha Corp., Class A (A)(C) | &nbsp;&nbsp;2031 | &nbsp;&nbsp;&nbsp;26565 |
| Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;528 | &nbsp;&nbsp;&nbsp;93482 |
| DoubleVerify Holdings, Inc. (A) | &nbsp;&nbsp;6704 | &nbsp;&nbsp;&nbsp;80314 |
| EchoStar Corp., Class A (A) | &nbsp;&nbsp;3901 | 297880 |
| Entravision Communications Corp., Class A | &nbsp;&nbsp;5075 | &nbsp;&nbsp;&nbsp;11825 |
| Gannett Company, Inc. (A) | 12744 | &nbsp;&nbsp;&nbsp;52633 |
| Gray Media, Inc. | &nbsp;&nbsp;6546 | &nbsp;&nbsp;&nbsp;37836 |
| Integral Ad Science Holding Corp. (A) | 12847 | 130654 |
| John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;3198 | 129423 |
| Liberty Broadband Corp., Series A (A) | &nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;&nbsp;42558 |
| Liberty Broadband Corp., Series C (A) | &nbsp;&nbsp;5129 | 325897 |
| Magnite, Inc. (A) | &nbsp;&nbsp;1010 | &nbsp;&nbsp;&nbsp;21998 |
| National CineMedia, Inc. | &nbsp;&nbsp;5768 | &nbsp;&nbsp;&nbsp;26014 |
| Nexstar Media Group, Inc. | &nbsp;&nbsp;2524 | 499096 |
| Omnicom Group, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;40765 |
| Paramount Skydance Corp., Class B | &nbsp;&nbsp;3570 | &nbsp;&nbsp;&nbsp;67544 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Media (continued)** | **Media (continued)** |  |
| PubMatic, Inc., Class A (A) | &nbsp;&nbsp;1567 | $&nbsp;&nbsp;&nbsp;&nbsp;12975 |
| Scholastic Corp. | &nbsp;&nbsp;3690 | &nbsp;&nbsp;&nbsp;&nbsp;101032 |
| Sinclair, Inc. | &nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;46433 |
| TEGNA, Inc. | 14274 | &nbsp;&nbsp;&nbsp;&nbsp;290190 |
| The EW Scripps Company, Class A (A) | &nbsp;&nbsp;5843 | &nbsp;&nbsp;&nbsp;&nbsp;14374 |
| The Interpublic Group of Companies, Inc. | 10260 | &nbsp;&nbsp;&nbsp;&nbsp;286357 |
| Urban One, Inc., Class D (A) | &nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2297 |
| WideOpenWest, Inc. (A) | &nbsp;&nbsp;1042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5377 |
|  |  | 2678602 |
| **Wireless telecommunication services – 0.4%** | **Wireless telecommunication services – 0.4%** |  |
| Array Digital Infrastructure, Inc. | &nbsp;&nbsp;4082 | &nbsp;&nbsp;&nbsp;&nbsp;204141 |
| Spok Holdings, Inc. | &nbsp;&nbsp;2056 | &nbsp;&nbsp;&nbsp;&nbsp;35466 |
| Telephone & Data Systems, Inc. | &nbsp;&nbsp;9503 | &nbsp;&nbsp;&nbsp;&nbsp;372898 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;612505 |
|  |  | 5579503 |
| **Consumer discretionary – 14.8%** |  |  |
| **Automobile components – 2.5%** | **Automobile components – 2.5%** |  |
| Adient PLC (A) | &nbsp;&nbsp;8723 | &nbsp;&nbsp;&nbsp;&nbsp;210050 |
| American Axle & Manufacturing Holdings, Inc. (A) | 12966 | &nbsp;&nbsp;&nbsp;&nbsp;77926 |
| Aptiv PLC (A) | &nbsp;&nbsp;1508 | &nbsp;&nbsp;&nbsp;&nbsp;130020 |
| Autoliv, Inc. | &nbsp;&nbsp;1323 | &nbsp;&nbsp;&nbsp;&nbsp;163391 |
| BorgWarner, Inc. | 22841 | 1004090 |
| Cooper-Standard Holdings, Inc. (A) | &nbsp;&nbsp;1311 | &nbsp;&nbsp;&nbsp;&nbsp;48415 |
| Dana, Inc. | 13642 | &nbsp;&nbsp;&nbsp;&nbsp;273386 |
| Dorman Products, Inc. (A) | &nbsp;&nbsp;1962 | &nbsp;&nbsp;&nbsp;&nbsp;305837 |
| Fox Factory Holding Corp. (A) | &nbsp;&nbsp;3760 | &nbsp;&nbsp;&nbsp;&nbsp;91330 |
| Gentherm, Inc. (A) | &nbsp;&nbsp;1109 | &nbsp;&nbsp;&nbsp;&nbsp;37773 |
| Holley, Inc. (A) | &nbsp;&nbsp;3597 | &nbsp;&nbsp;&nbsp;&nbsp;11295 |
| LCI Industries | &nbsp;&nbsp;2008 | &nbsp;&nbsp;&nbsp;&nbsp;187045 |
| Lear Corp. | &nbsp;&nbsp;4812 | &nbsp;&nbsp;&nbsp;&nbsp;484135 |
| Mobileye Global, Inc., Class A (A) | 10219 | &nbsp;&nbsp;&nbsp;&nbsp;144292 |
| Motorcar Parts of America, Inc. (A) | &nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp;26216 |
| Patrick Industries, Inc. | &nbsp;&nbsp;3519 | &nbsp;&nbsp;&nbsp;&nbsp;363970 |
| PHINIA, Inc. | &nbsp;&nbsp;4248 | &nbsp;&nbsp;&nbsp;&nbsp;244175 |
| Standard Motor Products, Inc. | &nbsp;&nbsp;2401 | &nbsp;&nbsp;&nbsp;&nbsp;98009 |
| Stoneridge, Inc. (A) | &nbsp;&nbsp;1672 | &nbsp;&nbsp;&nbsp;&nbsp;12741 |
| Strattec Security Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp;54108 |
| The Goodyear Tire & Rubber Company (A) | 28079 | &nbsp;&nbsp;&nbsp;&nbsp;210031 |
| Visteon Corp. | &nbsp;&nbsp;1571 | &nbsp;&nbsp;&nbsp;&nbsp;188300 |
|  |  | 4366535 |
| **Automobiles – 0.5%** | **Automobiles – 0.5%** |  |
| Harley-Davidson, Inc. | 11870 | &nbsp;&nbsp;&nbsp;&nbsp;331173 |
| Thor Industries, Inc. | &nbsp;&nbsp;4767 | &nbsp;&nbsp;&nbsp;&nbsp;494290 |
| Winnebago Industries, Inc. | &nbsp;&nbsp;3280 | &nbsp;&nbsp;&nbsp;&nbsp;109683 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;935146 |
| **Broadline retail – 0.5%** | **Broadline retail – 0.5%** |  |
| Dillard's, Inc., Class A (C) | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp;215068 |
| Kohl's Corp. (C) | 13005 | &nbsp;&nbsp;&nbsp;&nbsp;199887 |
| Macy's, Inc. | 28501 | &nbsp;&nbsp;&nbsp;&nbsp;511023 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;925978 |
| **Distributors – 0.3%** | **Distributors – 0.3%** |  |
| A-Mark Precious Metals, Inc. | &nbsp;&nbsp;3502 | &nbsp;&nbsp;&nbsp;&nbsp;90597 |
| LKQ Corp. | 11897 | &nbsp;&nbsp;&nbsp;&nbsp;363334 |
| Weyco Group, Inc. | &nbsp;&nbsp;1316 | &nbsp;&nbsp;&nbsp;&nbsp;39598 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;493529 |
| **Diversified consumer services – 1.1%** | **Diversified consumer services – 1.1%** |  |
| ADT, Inc. | 47674 | &nbsp;&nbsp;&nbsp;&nbsp;415241 |
| Adtalem Global Education, Inc. (A) | &nbsp;&nbsp;1745 | &nbsp;&nbsp;&nbsp;&nbsp;269515 |
| American Public Education, Inc. (A) | &nbsp;&nbsp;2320 | &nbsp;&nbsp;&nbsp;&nbsp;91570 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Diversified consumer services (continued)** | **Diversified consumer services (continued)** |  |
| Carriage Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;798 | $&nbsp;&nbsp;&nbsp;&nbsp;35543 |
| Chegg, Inc. (A) | &nbsp;&nbsp;7137 | &nbsp;&nbsp;&nbsp;&nbsp;10777 |
| Graham Holdings Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;268 | &nbsp;&nbsp;&nbsp;&nbsp;315519 |
| Laureate Education, Inc. (A) | &nbsp;&nbsp;4562 | &nbsp;&nbsp;&nbsp;&nbsp;143885 |
| Lincoln Educational Services Corp. (A) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;25850 |
| Matthews International Corp., Class A | &nbsp;&nbsp;3440 | &nbsp;&nbsp;&nbsp;&nbsp;83523 |
| Mister Car Wash, Inc. (A) | &nbsp;&nbsp;9339 | &nbsp;&nbsp;&nbsp;&nbsp;49777 |
| Perdoceo Education Corp. | &nbsp;&nbsp;6614 | &nbsp;&nbsp;&nbsp;&nbsp;249083 |
| Strategic Education, Inc. | &nbsp;&nbsp;2056 | &nbsp;&nbsp;&nbsp;&nbsp;176837 |
|  |  | 1867120 |
| **Hotels, restaurants and leisure – 1.1%** | **Hotels, restaurants and leisure – 1.1%** |  |
| Aramark | &nbsp;&nbsp;6296 | &nbsp;&nbsp;&nbsp;&nbsp;241766 |
| Ark Restaurants Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454 |
| Biglari Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;26265 |
| Biglari Holdings, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp;46929 |
| BJ's Restaurants, Inc. (A) | &nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp;87011 |
| Caesars Entertainment, Inc. (A) | &nbsp;&nbsp;9191 | &nbsp;&nbsp;&nbsp;&nbsp;248387 |
| Cracker Barrel Old Country Store, Inc. (C) | &nbsp;&nbsp;1259 | &nbsp;&nbsp;&nbsp;&nbsp;55472 |
| El Pollo Loco Holdings, Inc. (A) | &nbsp;&nbsp;2613 | &nbsp;&nbsp;&nbsp;&nbsp;25346 |
| First Watch Restaurant Group, Inc. (A) | &nbsp;&nbsp;5499 | &nbsp;&nbsp;&nbsp;&nbsp;86004 |
| Global Business Travel Group I (A)(C) | &nbsp;&nbsp;3299 | &nbsp;&nbsp;&nbsp;&nbsp;26656 |
| Golden Entertainment, Inc. | &nbsp;&nbsp;1315 | &nbsp;&nbsp;&nbsp;&nbsp;31008 |
| Hilton Grand Vacations, Inc. (A) | &nbsp;&nbsp;5843 | &nbsp;&nbsp;&nbsp;&nbsp;244296 |
| Krispy Kreme, Inc. (C) | 15398 | &nbsp;&nbsp;&nbsp;&nbsp;59590 |
| Life Time Group Holdings, Inc. (A) | &nbsp;&nbsp;4534 | &nbsp;&nbsp;&nbsp;&nbsp;125138 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;3104 | &nbsp;&nbsp;&nbsp;&nbsp;206602 |
| MGM Resorts International (A) | &nbsp;&nbsp;1723 | &nbsp;&nbsp;&nbsp;&nbsp;59719 |
| Monarch Casino & Resort, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp;33340 |
| Penn Entertainment, Inc. (A) | &nbsp;&nbsp;5487 | &nbsp;&nbsp;&nbsp;&nbsp;105680 |
| Portillo's, Inc., Class A (A) | &nbsp;&nbsp;5244 | &nbsp;&nbsp;&nbsp;&nbsp;33824 |
| Pursuit Attractions and Hospitality, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp;33358 |
| RCI Hospitality Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;396 | &nbsp;&nbsp;&nbsp;&nbsp;12082 |
| Target Hospitality Corp. (A) | &nbsp;&nbsp;5846 | &nbsp;&nbsp;&nbsp;&nbsp;49574 |
|  |  | 1838501 |
| **Household durables – 3.3%** | **Household durables – 3.3%** |  |
| Bassett Furniture Industries, Inc. | &nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;19300 |
| Beazer Homes USA, Inc. (A) | &nbsp;&nbsp;3203 | &nbsp;&nbsp;&nbsp;&nbsp;78634 |
| Cavco Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;127 | &nbsp;&nbsp;&nbsp;&nbsp;73753 |
| Century Communities, Inc. | &nbsp;&nbsp;3460 | &nbsp;&nbsp;&nbsp;&nbsp;219260 |
| Champion Homes, Inc. (A) | &nbsp;&nbsp;3390 | &nbsp;&nbsp;&nbsp;&nbsp;258894 |
| Cricut, Inc., Class A | &nbsp;&nbsp;2477 | &nbsp;&nbsp;&nbsp;&nbsp;15580 |
| Dream Finders Homes, Inc., Class A (A)(C) | &nbsp;&nbsp;1861 | &nbsp;&nbsp;&nbsp;&nbsp;48237 |
| Ethan Allen Interiors, Inc. | &nbsp;&nbsp;3592 | &nbsp;&nbsp;&nbsp;&nbsp;105820 |
| Flexsteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp;37868 |
| GoPro, Inc., Class A (A)(C) | 10155 | &nbsp;&nbsp;&nbsp;&nbsp;21529 |
| Green Brick Partners, Inc. (A) | &nbsp;&nbsp;2414 | &nbsp;&nbsp;&nbsp;&nbsp;178298 |
| Helen of Troy, Ltd. (A) | &nbsp;&nbsp;1240 | &nbsp;&nbsp;&nbsp;&nbsp;31248 |
| Hooker Furnishings Corp. | &nbsp;&nbsp;1821 | &nbsp;&nbsp;&nbsp;&nbsp;18483 |
| Hovnanian Enterprises, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp;37519 |
| KB Home | &nbsp;&nbsp;4725 | &nbsp;&nbsp;&nbsp;&nbsp;300699 |
| La-Z-Boy, Inc. | &nbsp;&nbsp;4577 | &nbsp;&nbsp;&nbsp;&nbsp;157083 |
| Legacy Housing Corp. (A) | &nbsp;&nbsp;1610 | &nbsp;&nbsp;&nbsp;&nbsp;44291 |
| LGI Homes, Inc. (A) | &nbsp;&nbsp;2578 | &nbsp;&nbsp;&nbsp;&nbsp;133308 |
| Lifetime Brands, Inc. | &nbsp;&nbsp;2931 | &nbsp;&nbsp;&nbsp;&nbsp;11343 |
| M/I Homes, Inc. (A) | &nbsp;&nbsp;1752 | &nbsp;&nbsp;&nbsp;&nbsp;253059 |
| Meritage Homes Corp. | &nbsp;&nbsp;4502 | &nbsp;&nbsp;&nbsp;&nbsp;326080 |
| Mohawk Industries, Inc. (A) | &nbsp;&nbsp;5688 | &nbsp;&nbsp;&nbsp;&nbsp;733297 |
| Newell Brands, Inc. | 42806 | &nbsp;&nbsp;&nbsp;&nbsp;224303 |
| Taylor Morrison Home Corp. (A) | 10987 | &nbsp;&nbsp;&nbsp;&nbsp;725252 |
| The Lovesac Company (A)(C) | &nbsp;&nbsp;1272 | &nbsp;&nbsp;&nbsp;&nbsp;21535 |
| Toll Brothers, Inc. | &nbsp;&nbsp;8328 | 1150430 |
| Traeger, Inc. (A) | &nbsp;&nbsp;3184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3884 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Household durables (continued)** | **Household durables (continued)** |  |
| Tri Pointe Homes, Inc. (A) | 10181 | $&nbsp;&nbsp;&nbsp;&nbsp;345849 |
| Universal Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3472 |
| Whirlpool Corp. (C) | &nbsp;&nbsp;2459 | &nbsp;&nbsp;&nbsp;&nbsp;193277 |
|  |  | 5771585 |
| **Leisure products – 0.7%** | **Leisure products – 0.7%** |  |
| American Outdoor Brands, Inc. (A) | &nbsp;&nbsp;1873 | &nbsp;&nbsp;&nbsp;&nbsp;16258 |
| Brunswick Corp. | &nbsp;&nbsp;4333 | &nbsp;&nbsp;&nbsp;&nbsp;274019 |
| Escalade, Inc. | &nbsp;&nbsp;2119 | &nbsp;&nbsp;&nbsp;&nbsp;26636 |
| Funko, Inc., Class A (A) | &nbsp;&nbsp;2763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9505 |
| JAKKS Pacific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9028 |
| Johnson Outdoors, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;934 | &nbsp;&nbsp;&nbsp;&nbsp;37724 |
| Latham Group, Inc. (A) | &nbsp;&nbsp;3937 | &nbsp;&nbsp;&nbsp;&nbsp;29961 |
| Malibu Boats, Inc., Class A (A) | &nbsp;&nbsp;1546 | &nbsp;&nbsp;&nbsp;&nbsp;50168 |
| MasterCraft Boat Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;13241 |
| Mattel, Inc. (A) | 20739 | &nbsp;&nbsp;&nbsp;&nbsp;349037 |
| Outdoor Holding Company (A) | &nbsp;&nbsp;4648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6879 |
| Polaris, Inc. | &nbsp;&nbsp;3274 | &nbsp;&nbsp;&nbsp;&nbsp;190318 |
| Smith & Wesson Brands, Inc. | &nbsp;&nbsp;5955 | &nbsp;&nbsp;&nbsp;&nbsp;58538 |
| Solo Brands, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877 |
| Sturm Ruger & Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp;24126 |
| Topgolf Callaway Brands Corp. (A) | 16634 | &nbsp;&nbsp;&nbsp;&nbsp;158023 |
|  |  | 1254338 |
| **Specialty retail – 3.9%** | **Specialty retail – 3.9%** |  |
| 1-800-Flowers.com, Inc., Class A (A)(C) | &nbsp;&nbsp;3196 | &nbsp;&nbsp;&nbsp;&nbsp;14702 |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;1293 | &nbsp;&nbsp;&nbsp;&nbsp;110616 |
| Academy Sports & Outdoors, Inc. | &nbsp;&nbsp;7767 | &nbsp;&nbsp;&nbsp;&nbsp;388505 |
| Advance Auto Parts, Inc. (C) | &nbsp;&nbsp;2697 | &nbsp;&nbsp;&nbsp;&nbsp;165596 |
| American Eagle Outfitters, Inc. | 21469 | &nbsp;&nbsp;&nbsp;&nbsp;367335 |
| America's Car-Mart, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;16504 |
| Arko Corp. | &nbsp;&nbsp;7149 | &nbsp;&nbsp;&nbsp;&nbsp;32671 |
| Asbury Automotive Group, Inc. (A) | &nbsp;&nbsp;1739 | &nbsp;&nbsp;&nbsp;&nbsp;425099 |
| AutoNation, Inc. (A) | &nbsp;&nbsp;2715 | &nbsp;&nbsp;&nbsp;&nbsp;593961 |
| Caleres, Inc. | &nbsp;&nbsp;3065 | &nbsp;&nbsp;&nbsp;&nbsp;39968 |
| CarMax, Inc. (A) | &nbsp;&nbsp;8067 | &nbsp;&nbsp;&nbsp;&nbsp;361966 |
| Citi Trends, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;&nbsp;11388 |
| Designer Brands, Inc., Class A | &nbsp;&nbsp;2923 | &nbsp;&nbsp;&nbsp;&nbsp;10347 |
| Destination XL Group, Inc. (A) | &nbsp;&nbsp;2471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3237 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;627 | &nbsp;&nbsp;&nbsp;&nbsp;139332 |
| Duluth Holdings, Inc., Class B (A) | &nbsp;&nbsp;1106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4324 |
| Genesco, Inc. (A) | &nbsp;&nbsp;1311 | &nbsp;&nbsp;&nbsp;&nbsp;38006 |
| Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp;339508 |
| GrowGeneration Corp. (A) | &nbsp;&nbsp;2529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4729 |
| Guess?, Inc. (C) | &nbsp;&nbsp;7810 | &nbsp;&nbsp;&nbsp;&nbsp;130505 |
| Haverty Furniture Companies, Inc. | &nbsp;&nbsp;1613 | &nbsp;&nbsp;&nbsp;&nbsp;35373 |
| Lands' End, Inc. (A)(C) | &nbsp;&nbsp;2354 | &nbsp;&nbsp;&nbsp;&nbsp;33191 |
| Lithia Motors, Inc. | &nbsp;&nbsp;2347 | &nbsp;&nbsp;&nbsp;&nbsp;741652 |
| MarineMax, Inc. (A) | &nbsp;&nbsp;3082 | &nbsp;&nbsp;&nbsp;&nbsp;78067 |
| Monro, Inc. | &nbsp;&nbsp;3278 | &nbsp;&nbsp;&nbsp;&nbsp;58906 |
| National Vision Holdings, Inc. (A) | &nbsp;&nbsp;9562 | &nbsp;&nbsp;&nbsp;&nbsp;279115 |
| OneWater Marine, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8411 |
| Penske Automotive Group, Inc. | &nbsp;&nbsp;1758 | &nbsp;&nbsp;&nbsp;&nbsp;305734 |
| Petco Health & Wellness Company, Inc. (A) | 16756 | &nbsp;&nbsp;&nbsp;&nbsp;64846 |
| PetMed Express, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1642 |
| Sally Beauty Holdings, Inc. (A) | &nbsp;&nbsp;8532 | &nbsp;&nbsp;&nbsp;&nbsp;138901 |
| Shoe Carnival, Inc. (C) | &nbsp;&nbsp;3686 | &nbsp;&nbsp;&nbsp;&nbsp;76632 |
| Signet Jewelers, Ltd. | &nbsp;&nbsp;4587 | &nbsp;&nbsp;&nbsp;&nbsp;439985 |
| Sonic Automotive, Inc., Class A | &nbsp;&nbsp;2092 | &nbsp;&nbsp;&nbsp;&nbsp;159180 |
| Sportsman's Warehouse Holdings, Inc. (A) | &nbsp;&nbsp;3273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9066 |
| The Cato Corp., Class A (A) | &nbsp;&nbsp;1957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8239 |
| The Gap, Inc. | 28928 | &nbsp;&nbsp;&nbsp;&nbsp;618770 |
| The ODP Corp. (A) | &nbsp;&nbsp;4617 | &nbsp;&nbsp;&nbsp;&nbsp;128583 |
| Upbound Group, Inc. | &nbsp;&nbsp;4529 | &nbsp;&nbsp;&nbsp;&nbsp;107020 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** |  |
| Urban Outfitters, Inc. (A) | &nbsp;&nbsp;&nbsp;3806 | $&nbsp;&nbsp;&nbsp;&nbsp;271863 |
| Victoria's Secret & Company (A) | &nbsp;&nbsp;&nbsp;4144 | &nbsp;&nbsp;&nbsp;&nbsp;112468 |
| Zumiez, Inc. (A) | &nbsp;&nbsp;&nbsp;1822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35729 |
|  |  | &nbsp;&nbsp;&nbsp;6911672 |
| **Textiles, apparel and luxury goods – 0.9%** | **Textiles, apparel and luxury goods – 0.9%** |  |
| Capri Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;1569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31254 |
| Carter's, Inc. | &nbsp;&nbsp;&nbsp;3145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88752 |
| Columbia Sportswear Company | &nbsp;&nbsp;&nbsp;3185 | &nbsp;&nbsp;&nbsp;&nbsp;166576 |
| Crocs, Inc. (A) | &nbsp;&nbsp;&nbsp;2308 | &nbsp;&nbsp;&nbsp;&nbsp;192833 |
| Culp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490 |
| Figs, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25663 |
| Fossil Group, Inc. (A) | &nbsp;&nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8304 |
| G-III Apparel Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;5446 | &nbsp;&nbsp;&nbsp;&nbsp;144918 |
| Lakeland Industries, Inc. (C) | &nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16428 |
| Movado Group, Inc. | &nbsp;&nbsp;&nbsp;1758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33349 |
| Oxford Industries, Inc. | &nbsp;&nbsp;&nbsp;1341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54364 |
| Peace Mark Holdings, Ltd. (A)(B) | 464000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| PVH Corp. | &nbsp;&nbsp;&nbsp;5823 | &nbsp;&nbsp;&nbsp;&nbsp;487793 |
| Rocky Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23892 |
| Steven Madden, Ltd. | &nbsp;&nbsp;&nbsp;3578 | &nbsp;&nbsp;&nbsp;&nbsp;119791 |
| Superior Group of Companies, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7107 |
| Under Armour, Inc., Class A (A)(C) | &nbsp;&nbsp;22489 | &nbsp;&nbsp;&nbsp;&nbsp;112220 |
| Under Armour, Inc., Class C (A)(C) | &nbsp;&nbsp;17114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82661 |
| Unifi, Inc. (A) | &nbsp;&nbsp;&nbsp;2453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11676 |
| Vera Bradley, Inc. (A) | &nbsp;&nbsp;&nbsp;2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4088 |
|  |  | &nbsp;&nbsp;&nbsp;1613159 |
|  |  | 25977563 |
| **Consumer staples – 5.4%** |  |  |
| **Beverages – 0.6%** | **Beverages – 0.6%** |  |
| MGP Ingredients, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13812 |
| Molson Coors Beverage Company, Class B | &nbsp;&nbsp;19880 | &nbsp;&nbsp;&nbsp;&nbsp;899557 |
| The Boston Beer Company, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;104019 |
|  |  | &nbsp;&nbsp;&nbsp;1017388 |
| **Consumer staples distribution and retail – 0.8%** | **Consumer staples distribution and retail – 0.8%** |  |
| Albertsons Companies, Inc., Class A | &nbsp;&nbsp;&nbsp;9477 | &nbsp;&nbsp;&nbsp;&nbsp;165942 |
| Grocery Outlet Holding Corp. (A) | &nbsp;&nbsp;10381 | &nbsp;&nbsp;&nbsp;&nbsp;166615 |
| Ingles Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;2119 | &nbsp;&nbsp;&nbsp;&nbsp;147398 |
| PriceSmart, Inc. | &nbsp;&nbsp;&nbsp;2713 | &nbsp;&nbsp;&nbsp;&nbsp;328788 |
| The Andersons, Inc. | &nbsp;&nbsp;&nbsp;3985 | &nbsp;&nbsp;&nbsp;&nbsp;158643 |
| United Natural Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;6474 | &nbsp;&nbsp;&nbsp;&nbsp;243552 |
| Village Super Market, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25592 |
| Weis Markets, Inc. | &nbsp;&nbsp;&nbsp;2494 | &nbsp;&nbsp;&nbsp;&nbsp;179244 |
|  |  | &nbsp;&nbsp;&nbsp;1415774 |
| **Food products – 3.4%** | **Food products – 3.4%** |  |
| Alico, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22529 |
| B&G Foods, Inc. (C) | &nbsp;&nbsp;&nbsp;5104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22611 |
| Bunge Global SA | &nbsp;&nbsp;&nbsp;6795 | &nbsp;&nbsp;&nbsp;&nbsp;552094 |
| Calavo Growers, Inc. | &nbsp;&nbsp;&nbsp;1494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38456 |
| Cal-Maine Foods, Inc. | &nbsp;&nbsp;&nbsp;3931 | &nbsp;&nbsp;&nbsp;&nbsp;369907 |
| Conagra Brands, Inc. | &nbsp;&nbsp;35678 | &nbsp;&nbsp;&nbsp;&nbsp;653264 |
| Darling Ingredients, Inc. (A) | &nbsp;&nbsp;14442 | &nbsp;&nbsp;&nbsp;&nbsp;445825 |
| Dole PLC | &nbsp;&nbsp;&nbsp;8043 | &nbsp;&nbsp;&nbsp;&nbsp;108098 |
| Farmer Brothers Company (A) | &nbsp;&nbsp;&nbsp;1069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828 |
| Flowers Foods, Inc. (C) | &nbsp;&nbsp;10081 | &nbsp;&nbsp;&nbsp;&nbsp;131557 |
| Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;5560 | &nbsp;&nbsp;&nbsp;&nbsp;193043 |
| Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;8373 | &nbsp;&nbsp;&nbsp;&nbsp;207148 |
| Ingredion, Inc. | &nbsp;&nbsp;&nbsp;5054 | &nbsp;&nbsp;&nbsp;&nbsp;617144 |
| J&J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71107 |
| John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43260 |
| Limoneira Company | &nbsp;&nbsp;&nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10781 |
| Mission Produce, Inc. (A) | &nbsp;&nbsp;&nbsp;6987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83984 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Food products (continued)** | **Food products (continued)** |  |
| Pilgrim's Pride Corp. (C) | &nbsp;&nbsp;5225 | $&nbsp;&nbsp;&nbsp;&nbsp;212762 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;3185 | &nbsp;&nbsp;&nbsp;&nbsp;342324 |
| Seaboard Corp. | &nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;299054 |
| Seneca Foods Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;72860 |
| The Campbell's Company | 12395 | &nbsp;&nbsp;&nbsp;&nbsp;391434 |
| The Hain Celestial Group, Inc. (A) | &nbsp;&nbsp;4728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7470 |
| The J.M. Smucker Company | &nbsp;&nbsp;5720 | &nbsp;&nbsp;&nbsp;&nbsp;621192 |
| The Simply Good Foods Company (A) | &nbsp;&nbsp;9938 | &nbsp;&nbsp;&nbsp;&nbsp;246661 |
| Tootsie Roll Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp;31901 |
| TreeHouse Foods, Inc. (A) | &nbsp;&nbsp;5848 | &nbsp;&nbsp;&nbsp;&nbsp;118188 |
| Utz Brands, Inc. | &nbsp;&nbsp;4321 | &nbsp;&nbsp;&nbsp;&nbsp;52500 |
|  |  | 5968982 |
| **Household products – 0.4%** | **Household products – 0.4%** |  |
| Central Garden & Pet Company (A) | &nbsp;&nbsp;1833 | &nbsp;&nbsp;&nbsp;&nbsp;59847 |
| Central Garden & Pet Company, Class A (A) | &nbsp;&nbsp;4521 | &nbsp;&nbsp;&nbsp;&nbsp;133505 |
| Oil-Dri Corp. of America | &nbsp;&nbsp;1062 | &nbsp;&nbsp;&nbsp;&nbsp;64824 |
| Reynolds Consumer Products, Inc. | 17282 | &nbsp;&nbsp;&nbsp;&nbsp;422891 |
| Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;2271 | &nbsp;&nbsp;&nbsp;&nbsp;119296 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;800363 |
| **Personal care products – 0.1%** | **Personal care products – 0.1%** |  |
| Coty, Inc., Class A (A) | &nbsp;&nbsp;1388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5608 |
| Edgewell Personal Care Company | &nbsp;&nbsp;6385 | &nbsp;&nbsp;&nbsp;&nbsp;129999 |
| Natural Alternatives International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580 |
| Nature's Sunshine Products, Inc. (A) | &nbsp;&nbsp;1118 | &nbsp;&nbsp;&nbsp;&nbsp;17351 |
| Nu Skin Enterprises, Inc., Class A | &nbsp;&nbsp;2988 | &nbsp;&nbsp;&nbsp;&nbsp;36424 |
| The Honest Company, Inc. (A) | &nbsp;&nbsp;3767 | &nbsp;&nbsp;&nbsp;&nbsp;13863 |
| USANA Health Sciences, Inc. (A) | &nbsp;&nbsp;1639 | &nbsp;&nbsp;&nbsp;&nbsp;45154 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;248979 |
| **Tobacco – 0.1%** | **Tobacco – 0.1%** |  |
| Universal Corp. | &nbsp;&nbsp;2089 | &nbsp;&nbsp;&nbsp;&nbsp;116712 |
|  |  | 9568198 |
| **Energy – 9.3%** |  |  |
| **Energy equipment and services – 2.3%** | **Energy equipment and services – 2.3%** |  |
| Archrock, Inc. | &nbsp;&nbsp;9337 | &nbsp;&nbsp;&nbsp;&nbsp;245656 |
| Atlas Energy Solutions, Inc. (C) | &nbsp;&nbsp;4723 | &nbsp;&nbsp;&nbsp;&nbsp;53701 |
| Borr Drilling, Ltd. (A) | &nbsp;&nbsp;7383 | &nbsp;&nbsp;&nbsp;&nbsp;19860 |
| Bristow Group, Inc. (A) | &nbsp;&nbsp;2707 | &nbsp;&nbsp;&nbsp;&nbsp;97669 |
| Cactus, Inc., Class A | &nbsp;&nbsp;2265 | &nbsp;&nbsp;&nbsp;&nbsp;89400 |
| Core Laboratories, Inc. | &nbsp;&nbsp;3240 | &nbsp;&nbsp;&nbsp;&nbsp;40046 |
| DMC Global, Inc. (A) | &nbsp;&nbsp;1495 | &nbsp;&nbsp;&nbsp;&nbsp;12633 |
| Expro Group Holdings NV (A) | &nbsp;&nbsp;7270 | &nbsp;&nbsp;&nbsp;&nbsp;86368 |
| Forum Energy Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp;10070 |
| Geospace Technologies Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9783 |
| Gulf Island Fabrication, Inc. (A) | &nbsp;&nbsp;3019 | &nbsp;&nbsp;&nbsp;&nbsp;21193 |
| Helix Energy Solutions Group, Inc. (A) | 15979 | &nbsp;&nbsp;&nbsp;&nbsp;104822 |
| Helmerich & Payne, Inc. | 10203 | &nbsp;&nbsp;&nbsp;&nbsp;225384 |
| Innovex International, Inc. (A) | &nbsp;&nbsp;4094 | &nbsp;&nbsp;&nbsp;&nbsp;75903 |
| Kodiak Gas Services, Inc. | &nbsp;&nbsp;4848 | &nbsp;&nbsp;&nbsp;&nbsp;179231 |
| Liberty Energy, Inc. | 17241 | &nbsp;&nbsp;&nbsp;&nbsp;212754 |
| Nabors Industries, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;21661 |
| National Energy Services Reunited Corp. (A) | &nbsp;&nbsp;3276 | &nbsp;&nbsp;&nbsp;&nbsp;33612 |
| Natural Gas Services Group, Inc. | &nbsp;&nbsp;2299 | &nbsp;&nbsp;&nbsp;&nbsp;64349 |
| Noble Corp. PLC | 12060 | &nbsp;&nbsp;&nbsp;&nbsp;341057 |
| NOV, Inc. (C) | 29216 | &nbsp;&nbsp;&nbsp;&nbsp;387112 |
| Oceaneering International, Inc. (A) | &nbsp;&nbsp;5206 | &nbsp;&nbsp;&nbsp;&nbsp;129005 |
| Oil States International, Inc. (A) | &nbsp;&nbsp;4041 | &nbsp;&nbsp;&nbsp;&nbsp;24488 |
| Patterson-UTI Energy, Inc. | 44990 | &nbsp;&nbsp;&nbsp;&nbsp;233048 |
| ProPetro Holding Corp. (A) | 12321 | &nbsp;&nbsp;&nbsp;&nbsp;64562 |
| Ranger Energy Services, Inc., Class A | &nbsp;&nbsp;1141 | &nbsp;&nbsp;&nbsp;&nbsp;16020 |
| RPC, Inc. (C) | 18302 | &nbsp;&nbsp;&nbsp;&nbsp;87118 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Energy equipment and services (continued)** | **Energy equipment and services (continued)** |  |
| SEACOR Marine Holdings, Inc. (A) | &nbsp;&nbsp;2432 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15784 |
| Seadrill, Ltd. (A) | &nbsp;&nbsp;5319 | &nbsp;&nbsp;&nbsp;&nbsp;160687 |
| Select Water Solutions, Inc. | &nbsp;&nbsp;9501 | &nbsp;&nbsp;&nbsp;&nbsp;101566 |
| TETRA Technologies, Inc. (A) | &nbsp;&nbsp;8102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46587 |
| Tidewater, Inc. (A) | &nbsp;&nbsp;2637 | &nbsp;&nbsp;&nbsp;&nbsp;140631 |
| Transocean, Ltd. (A)(C) | 59579 | &nbsp;&nbsp;&nbsp;&nbsp;185886 |
| Valaris, Ltd. (A)(C) | &nbsp;&nbsp;6022 | &nbsp;&nbsp;&nbsp;&nbsp;293693 |
| Weatherford International PLC | &nbsp;&nbsp;3450 | &nbsp;&nbsp;&nbsp;&nbsp;236084 |
|  |  | &nbsp;&nbsp;&nbsp;4067423 |
| **Oil, gas and consumable fuels – 7.0%** | **Oil, gas and consumable fuels – 7.0%** |  |
| Amplify Energy Corp. (A) | &nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7875 |
| Antero Resources Corp. (A) | 14136 | &nbsp;&nbsp;&nbsp;&nbsp;474404 |
| APA Corp. | 34160 | &nbsp;&nbsp;&nbsp;&nbsp;829405 |
| Ardmore Shipping Corp. | &nbsp;&nbsp;3297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39135 |
| Berry Corp. | &nbsp;&nbsp;5062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19134 |
| California Resources Corp. | &nbsp;&nbsp;7754 | &nbsp;&nbsp;&nbsp;&nbsp;412358 |
| Chord Energy Corp. | &nbsp;&nbsp;2859 | &nbsp;&nbsp;&nbsp;&nbsp;284099 |
| Civitas Resources, Inc. | &nbsp;&nbsp;8282 | &nbsp;&nbsp;&nbsp;&nbsp;269165 |
| Clean Energy Fuels Corp. (A) | 20254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52255 |
| CNX Resources Corp. (A) | 16223 | &nbsp;&nbsp;&nbsp;&nbsp;521083 |
| Comstock Resources, Inc. (A)(C) | 12510 | &nbsp;&nbsp;&nbsp;&nbsp;248073 |
| Core Natural Resources, Inc. | &nbsp;&nbsp;2002 | &nbsp;&nbsp;&nbsp;&nbsp;167127 |
| Crescent Energy Company, Class A | 23094 | &nbsp;&nbsp;&nbsp;&nbsp;205998 |
| CVR Energy, Inc. (A) | &nbsp;&nbsp;1274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46476 |
| Delek US Holdings, Inc. | &nbsp;&nbsp;3927 | &nbsp;&nbsp;&nbsp;&nbsp;126724 |
| DHT Holdings, Inc. | 14515 | &nbsp;&nbsp;&nbsp;&nbsp;173454 |
| Dorian LPG, Ltd. | &nbsp;&nbsp;5467 | &nbsp;&nbsp;&nbsp;&nbsp;162917 |
| DT Midstream, Inc. | &nbsp;&nbsp;3564 | &nbsp;&nbsp;&nbsp;&nbsp;402946 |
| Evolution Petroleum Corp. | &nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8194 |
| FutureFuel Corp. | &nbsp;&nbsp;4276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16591 |
| Granite Ridge Resources, Inc. | &nbsp;&nbsp;9757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52785 |
| Green Plains, Inc. (A) | &nbsp;&nbsp;3377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29684 |
| Gulfport Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp;166864 |
| HF Sinclair Corp. | 17773 | &nbsp;&nbsp;&nbsp;&nbsp;930239 |
| International Seaways, Inc. | &nbsp;&nbsp;5151 | &nbsp;&nbsp;&nbsp;&nbsp;237358 |
| Kosmos Energy, Ltd. (A) | 16832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27941 |
| Magnolia Oil & Gas Corp., Class A | 16854 | &nbsp;&nbsp;&nbsp;&nbsp;402305 |
| Matador Resources Company | 11287 | &nbsp;&nbsp;&nbsp;&nbsp;507125 |
| Murphy Oil Corp. | 16753 | &nbsp;&nbsp;&nbsp;&nbsp;475953 |
| NACCO Industries, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29512 |
| Nordic American Tankers, Ltd. | 20225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63507 |
| Northern Oil and Gas, Inc. | &nbsp;&nbsp;9425 | &nbsp;&nbsp;&nbsp;&nbsp;233740 |
| Ovintiv, Inc. | 22193 | &nbsp;&nbsp;&nbsp;&nbsp;896153 |
| Par Pacific Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23271 |
| PBF Energy, Inc., Class A | &nbsp;&nbsp;7247 | &nbsp;&nbsp;&nbsp;&nbsp;218642 |
| Peabody Energy Corp. | 15313 | &nbsp;&nbsp;&nbsp;&nbsp;406101 |
| Permian Resources Corp. | 66420 | &nbsp;&nbsp;&nbsp;&nbsp;850176 |
| PrimeEnergy Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23384 |
| Range Resources Corp. | 12490 | &nbsp;&nbsp;&nbsp;&nbsp;470124 |
| REX American Resources Corp. (A) | &nbsp;&nbsp;3776 | &nbsp;&nbsp;&nbsp;&nbsp;115621 |
| Riley Exploration Permian, Inc. | &nbsp;&nbsp;1631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44216 |
| SandRidge Energy, Inc. | &nbsp;&nbsp;3343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37709 |
| Scorpio Tankers, Inc. | &nbsp;&nbsp;5970 | &nbsp;&nbsp;&nbsp;&nbsp;334619 |
| SFL Corp., Ltd. | 12426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93568 |
| SM Energy Company | 11859 | &nbsp;&nbsp;&nbsp;&nbsp;296119 |
| Talos Energy, Inc. (A) | 16487 | &nbsp;&nbsp;&nbsp;&nbsp;158110 |
| Teekay Corp., Ltd. | &nbsp;&nbsp;7202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58912 |
| Teekay Tankers, Ltd., Class A | &nbsp;&nbsp;4160 | &nbsp;&nbsp;&nbsp;&nbsp;210288 |
| VAALCO Energy, Inc. | &nbsp;&nbsp;6882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27666 |
| Viper Energy, Inc., Class A | &nbsp;&nbsp;2391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91384 |
| Vitesse Energy, Inc. (C) | &nbsp;&nbsp;1343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31198 |
| World Kinect Corp. | &nbsp;&nbsp;7679 | &nbsp;&nbsp;&nbsp;&nbsp;199270 |
|  |  | 12210957 |
|  |  | 16278380 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financials – 28.7%** |  |  |
| **Banks – 17.8%** | **Banks – 17.8%** |  |
| 1st Source Corp. | &nbsp;&nbsp;2221 | $136725 |
| ACNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;28538 |
| Amalgamated Financial Corp. | &nbsp;&nbsp;2746 | &nbsp;&nbsp;&nbsp;74554 |
| Amerant Bancorp, Inc. | &nbsp;&nbsp;3652 | &nbsp;&nbsp;&nbsp;70374 |
| Ameris Bancorp | &nbsp;&nbsp;5877 | 430843 |
| Ames National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;10110 |
| Arrow Financial Corp. | &nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;32545 |
| Associated Banc-Corp. | 16592 | 426580 |
| Atlantic Union Bankshares Corp. | 12283 | 433467 |
| Axos Financial, Inc. (A) | &nbsp;&nbsp;5130 | 434255 |
| Banc of California, Inc. | &nbsp;&nbsp;7844 | 129818 |
| Bank First Corp. | &nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;22685 |
| Bank of Hawaii Corp. | &nbsp;&nbsp;&nbsp;&nbsp;722 | &nbsp;&nbsp;&nbsp;47392 |
| Bank of Marin Bancorp | &nbsp;&nbsp;2508 | &nbsp;&nbsp;&nbsp;60894 |
| Bank OZK | 11075 | 564604 |
| Bank7 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;13557 |
| BankFinancial Corp. | &nbsp;&nbsp;2146 | &nbsp;&nbsp;&nbsp;25816 |
| BankUnited, Inc. | &nbsp;&nbsp;7426 | 283376 |
| Bankwell Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;17700 |
| Banner Corp. | &nbsp;&nbsp;3299 | 216085 |
| Bar Harbor Bankshares | &nbsp;&nbsp;2090 | &nbsp;&nbsp;&nbsp;63661 |
| BayCom Corp. | &nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;32344 |
| BCB Bancorp, Inc. | &nbsp;&nbsp;1477 | &nbsp;&nbsp;&nbsp;12820 |
| Beacon Financial Corp. | 11086 | 262849 |
| Blue Foundry Bancorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;8290 |
| Blue Ridge Bankshares, Inc. (A) | &nbsp;&nbsp;3675 | &nbsp;&nbsp;&nbsp;15545 |
| BOK Financial Corp. | &nbsp;&nbsp;4828 | 538032 |
| Bridgewater Bancshares, Inc. (A) | &nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;30958 |
| Business First Bancshares, Inc. | &nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;49817 |
| Byline Bancorp, Inc. | &nbsp;&nbsp;4069 | 112833 |
| C&F Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;&nbsp;20966 |
| Cadence Bank | 17565 | 659390 |
| California BanCorp (A) | &nbsp;&nbsp;2293 | &nbsp;&nbsp;&nbsp;38247 |
| Camden National Corp. | &nbsp;&nbsp;1655 | &nbsp;&nbsp;&nbsp;63866 |
| Capital Bancorp, Inc. | &nbsp;&nbsp;1039 | &nbsp;&nbsp;&nbsp;33144 |
| Capital City Bank Group, Inc. | &nbsp;&nbsp;2242 | &nbsp;&nbsp;&nbsp;93693 |
| Capitol Federal Financial, Inc. | 13578 | &nbsp;&nbsp;&nbsp;86220 |
| Carter Bankshares, Inc. (A) | &nbsp;&nbsp;1494 | &nbsp;&nbsp;&nbsp;28999 |
| Cathay General Bancorp | &nbsp;&nbsp;6640 | 318786 |
| Central Pacific Financial Corp. | &nbsp;&nbsp;2460 | &nbsp;&nbsp;&nbsp;74636 |
| Chemung Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;37972 |
| ChoiceOne Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;20156 |
| Citizens & Northern Corp. | &nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;19018 |
| City Holding Company | &nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;12635 |
| Civista Bancshares, Inc. | &nbsp;&nbsp;1114 | &nbsp;&nbsp;&nbsp;22625 |
| CNB Financial Corp. | &nbsp;&nbsp;2328 | &nbsp;&nbsp;&nbsp;56338 |
| Colony Bankcorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;959 | &nbsp;&nbsp;&nbsp;16313 |
| Columbia Banking System, Inc. | 30344 | 781055 |
| Columbia Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;9006 |
| Comerica, Inc. | 11199 | 767355 |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;1281 | &nbsp;&nbsp;&nbsp;76553 |
| Community Financial System, Inc. | &nbsp;&nbsp;3533 | 207175 |
| Community Trust Bancorp, Inc. | &nbsp;&nbsp;1985 | 111061 |
| Community West Bancshares | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;25008 |
| ConnectOne Bancorp, Inc. | &nbsp;&nbsp;4667 | 115788 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;96726 |
| Customers Bancorp, Inc. (A) | &nbsp;&nbsp;2981 | 194868 |
| CVB Financial Corp. | 11610 | 219545 |
| Dime Community Bancshares, Inc. | &nbsp;&nbsp;3984 | 118843 |
| Eagle Bancorp, Inc. | &nbsp;&nbsp;3671 | &nbsp;&nbsp;&nbsp;74228 |
| East West Bancorp, Inc. | &nbsp;&nbsp;1272 | 135404 |
| Eastern Bankshares, Inc. | 13376 | 242774 |
| Enterprise Financial Services Corp. | &nbsp;&nbsp;3431 | 198929 |
| Equity Bancshares, Inc., Class A | &nbsp;&nbsp;1442 | &nbsp;&nbsp;&nbsp;58689 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Farmers & Merchants Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;323 | $&nbsp;&nbsp;&nbsp;&nbsp;8078 |
| Farmers National Banc Corp. | &nbsp;&nbsp;2674 | &nbsp;&nbsp;&nbsp;38532 |
| FB Financial Corp. | &nbsp;&nbsp;4580 | 255289 |
| Financial Institutions, Inc. | &nbsp;&nbsp;1894 | &nbsp;&nbsp;&nbsp;51517 |
| First Bancorp (North Carolina) | &nbsp;&nbsp;3610 | 190933 |
| First Bancorp (Puerto Rico) | 16954 | 373836 |
| First Bank | &nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;26064 |
| First Busey Corp. | &nbsp;&nbsp;7814 | 180894 |
| First Business Financial Services, Inc. | &nbsp;&nbsp;1274 | &nbsp;&nbsp;&nbsp;65305 |
| First Commonwealth Financial Corp. | 10059 | 171506 |
| First Community Bankshares, Inc. | &nbsp;&nbsp;1904 | &nbsp;&nbsp;&nbsp;66259 |
| First Community Corp. | &nbsp;&nbsp;&nbsp;&nbsp;434 | &nbsp;&nbsp;&nbsp;12247 |
| First Financial Bancorp | &nbsp;&nbsp;9095 | 229649 |
| First Financial Corp. | &nbsp;&nbsp;1325 | &nbsp;&nbsp;&nbsp;74783 |
| First Financial Northwest, Inc. (A)(B) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616 |
| First Foundation, Inc. (A) | &nbsp;&nbsp;7823 | &nbsp;&nbsp;&nbsp;43574 |
| First Hawaiian, Inc. | 11994 | 297811 |
| First Horizon Corp. | 40043 | 905372 |
| First Internet Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;17428 |
| First Interstate BancSystem, Inc., Class A | &nbsp;&nbsp;8824 | 281221 |
| First Merchants Corp. | &nbsp;&nbsp;4867 | 183486 |
| First Mid Bancshares, Inc. | &nbsp;&nbsp;2091 | &nbsp;&nbsp;&nbsp;79207 |
| First Northwest Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;6296 |
| First Western Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;421 | &nbsp;&nbsp;&nbsp;&nbsp;9694 |
| Firstsun Capital Bancorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;16874 |
| Five Star Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;926 | &nbsp;&nbsp;&nbsp;29817 |
| Flushing Financial Corp. | &nbsp;&nbsp;5162 | &nbsp;&nbsp;&nbsp;71287 |
| FNB Corp. | 31117 | 501295 |
| FS Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;15968 |
| Fulton Financial Corp. | 18051 | 336290 |
| German American Bancorp, Inc. | &nbsp;&nbsp;1684 | &nbsp;&nbsp;&nbsp;66131 |
| Great Southern Bancorp, Inc. | &nbsp;&nbsp;1117 | &nbsp;&nbsp;&nbsp;68416 |
| Guaranty Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;693 | &nbsp;&nbsp;&nbsp;33784 |
| Hancock Whitney Corp. | &nbsp;&nbsp;7556 | 473081 |
| Hanmi Financial Corp. | &nbsp;&nbsp;3548 | &nbsp;&nbsp;&nbsp;87600 |
| HarborOne Bancorp, Inc. | &nbsp;&nbsp;5964 | &nbsp;&nbsp;&nbsp;81110 |
| HBT Financial, Inc. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;30240 |
| Heritage Commerce Corp. | &nbsp;&nbsp;6790 | &nbsp;&nbsp;&nbsp;67425 |
| Heritage Financial Corp. | &nbsp;&nbsp;3545 | &nbsp;&nbsp;&nbsp;85754 |
| Hilltop Holdings, Inc. | &nbsp;&nbsp;3960 | 132343 |
| Home Bancorp, Inc. | &nbsp;&nbsp;1291 | &nbsp;&nbsp;&nbsp;70134 |
| Home BancShares, Inc. | &nbsp;&nbsp;7494 | 212080 |
| HomeTrust Bancshares, Inc. | &nbsp;&nbsp;1161 | &nbsp;&nbsp;&nbsp;47531 |
| Hope Bancorp, Inc. | 13236 | 142552 |
| Horizon Bancorp, Inc. | &nbsp;&nbsp;6054 | &nbsp;&nbsp;&nbsp;96925 |
| Independent Bank Corp. (Massachusetts) | &nbsp;&nbsp;3736 | 258419 |
| Independent Bank Corp. (Michigan) | &nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;69694 |
| International Bancshares Corp. | &nbsp;&nbsp;5105 | 350969 |
| Investar Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;11605 |
| Kearny Financial Corp. | &nbsp;&nbsp;8307 | &nbsp;&nbsp;&nbsp;54577 |
| Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;23561 |
| LCNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;8994 |
| Live Oak Bancshares, Inc. | &nbsp;&nbsp;2128 | &nbsp;&nbsp;&nbsp;74948 |
| Mechanics Bancorp, Class A (A) | &nbsp;&nbsp;1802 | &nbsp;&nbsp;&nbsp;23985 |
| Mercantile Bank Corp. | &nbsp;&nbsp;1666 | &nbsp;&nbsp;&nbsp;74970 |
| Metrocity Bankshares, Inc. | &nbsp;&nbsp;1534 | &nbsp;&nbsp;&nbsp;42476 |
| Metropolitan Bank Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;63896 |
| Mid Penn Bancorp, Inc. | &nbsp;&nbsp;1196 | &nbsp;&nbsp;&nbsp;34253 |
| Midland States Bancorp, Inc. | &nbsp;&nbsp;1553 | &nbsp;&nbsp;&nbsp;26618 |
| MidWestOne Financial Group, Inc. | &nbsp;&nbsp;1861 | &nbsp;&nbsp;&nbsp;52648 |
| MVB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;19472 |
| National Bank Holdings Corp., Class A | &nbsp;&nbsp;3153 | 121832 |
| National Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;622 | &nbsp;&nbsp;&nbsp;18312 |
| NBT Bancorp, Inc. | &nbsp;&nbsp;4510 | 188338 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Nicolet Bankshares, Inc. | &nbsp;&nbsp;1214 | $163283 |
| Northeast Bank | &nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;77123 |
| Northeast Community Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp;8948 |
| Northfield Bancorp, Inc. | &nbsp;&nbsp;5738 | &nbsp;&nbsp;&nbsp;67708 |
| Northrim BanCorp, Inc. | &nbsp;&nbsp;3612 | &nbsp;&nbsp;&nbsp;78236 |
| Northwest Bancshares, Inc. | 13082 | 162086 |
| Norwood Financial Corp. | &nbsp;&nbsp;1188 | &nbsp;&nbsp;&nbsp;30199 |
| OceanFirst Financial Corp. | &nbsp;&nbsp;6369 | 111903 |
| OFG Bancorp | &nbsp;&nbsp;4703 | 204533 |
| Old National Bancorp | 24670 | 541507 |
| Old Second Bancorp, Inc. | &nbsp;&nbsp;4574 | &nbsp;&nbsp;&nbsp;79062 |
| OP Bancorp | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;13920 |
| Orange County Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;468 | &nbsp;&nbsp;&nbsp;11798 |
| Origin Bancorp, Inc. | &nbsp;&nbsp;2367 | &nbsp;&nbsp;&nbsp;81709 |
| Orrstown Financial Services, Inc. | &nbsp;&nbsp;1191 | &nbsp;&nbsp;&nbsp;40470 |
| Park National Corp. | &nbsp;&nbsp;1323 | 215027 |
| Pathward Financial, Inc. | &nbsp;&nbsp;1629 | 120562 |
| PCB Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;17556 |
| Peapack-Gladstone Financial Corp. | &nbsp;&nbsp;1625 | &nbsp;&nbsp;&nbsp;44850 |
| Peoples Bancorp, Inc. | &nbsp;&nbsp;3396 | 101846 |
| Peoples Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;32715 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;5134 | 481518 |
| Ponce Financial Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;798 | &nbsp;&nbsp;&nbsp;11731 |
| Popular, Inc. | &nbsp;&nbsp;5254 | 667311 |
| Preferred Bank | &nbsp;&nbsp;1142 | 103225 |
| Primis Financial Corp. | &nbsp;&nbsp;4990 | &nbsp;&nbsp;&nbsp;52445 |
| Prosperity Bancshares, Inc. | &nbsp;&nbsp;8511 | 564705 |
| Provident Financial Holdings, Inc. | &nbsp;&nbsp;1778 | &nbsp;&nbsp;&nbsp;28004 |
| Provident Financial Services, Inc. | 11642 | 224458 |
| QCR Holdings, Inc. | &nbsp;&nbsp;1449 | 109602 |
| RBB Bancorp | &nbsp;&nbsp;1075 | &nbsp;&nbsp;&nbsp;20167 |
| Red River Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;23659 |
| Renasant Corp. | &nbsp;&nbsp;8041 | 296632 |
| Republic Bancorp, Inc., Class A | &nbsp;&nbsp;1139 | &nbsp;&nbsp;&nbsp;82293 |
| Riverview Bancorp, Inc. | &nbsp;&nbsp;3925 | &nbsp;&nbsp;&nbsp;21077 |
| S&T Bancorp, Inc. | &nbsp;&nbsp;3678 | 138256 |
| Seacoast Banking Corp. of Florida | &nbsp;&nbsp;4717 | 143538 |
| ServisFirst Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;21340 |
| Shore Bancshares, Inc. | &nbsp;&nbsp;3724 | &nbsp;&nbsp;&nbsp;61111 |
| Sierra Bancorp | &nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;50853 |
| Simmons First National Corp., Class A | 11659 | 223503 |
| SmartFinancial, Inc. | &nbsp;&nbsp;1186 | &nbsp;&nbsp;&nbsp;42376 |
| South Plains Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;954 | &nbsp;&nbsp;&nbsp;36872 |
| Southern First Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;23692 |
| Southern Missouri Bancorp, Inc. | &nbsp;&nbsp;1012 | &nbsp;&nbsp;&nbsp;53191 |
| Southside Bancshares, Inc. | &nbsp;&nbsp;2314 | &nbsp;&nbsp;&nbsp;65371 |
| SouthState Bank Corp. | &nbsp;&nbsp;7682 | 759519 |
| Stellar Bancorp, Inc. | &nbsp;&nbsp;3617 | 109740 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;50743 |
| Synovus Financial Corp. | &nbsp;&nbsp;5872 | 288198 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;4127 | 348855 |
| TFS Financial Corp. | &nbsp;&nbsp;1758 | &nbsp;&nbsp;&nbsp;23162 |
| The Bank of NT Butterfield & Son, Ltd. | &nbsp;&nbsp;2175 | &nbsp;&nbsp;&nbsp;93351 |
| The First Bancorp, Inc. | &nbsp;&nbsp;1316 | &nbsp;&nbsp;&nbsp;34558 |
| The Hingham Institution for Savings | &nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;18201 |
| Third Coast Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;33452 |
| Tompkins Financial Corp. | &nbsp;&nbsp;1266 | &nbsp;&nbsp;&nbsp;83822 |
| Towne Bank | &nbsp;&nbsp;6599 | 228127 |
| TriCo Bancshares | &nbsp;&nbsp;1995 | &nbsp;&nbsp;&nbsp;88598 |
| Triumph Financial, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;43785 |
| Trustmark Corp. | &nbsp;&nbsp;6793 | 269003 |
| UMB Financial Corp. | &nbsp;&nbsp;4166 | 493046 |
| United Bankshares, Inc. | 12184 | 453367 |
| United Community Banks, Inc. | 10335 | 324002 |
| Unity Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;&nbsp;44276 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Univest Financial Corp. | &nbsp;&nbsp;3139 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94233 |
| Valley National Bancorp | 49284 | &nbsp;&nbsp;&nbsp;&nbsp;522410 |
| Veritex Holdings, Inc. | &nbsp;&nbsp;5129 | &nbsp;&nbsp;&nbsp;&nbsp;171975 |
| WaFd, Inc. | &nbsp;&nbsp;7756 | &nbsp;&nbsp;&nbsp;&nbsp;234929 |
| Washington Trust Bancorp, Inc. | &nbsp;&nbsp;1795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51876 |
| Webster Financial Corp. | 14613 | &nbsp;&nbsp;&nbsp;&nbsp;868597 |
| WesBanco, Inc. | &nbsp;&nbsp;9275 | &nbsp;&nbsp;&nbsp;&nbsp;296151 |
| Westamerica BanCorp | &nbsp;&nbsp;1332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66587 |
| Western Alliance Bancorp | &nbsp;&nbsp;4595 | &nbsp;&nbsp;&nbsp;&nbsp;398478 |
| Western New England Bancorp, Inc. | &nbsp;&nbsp;3609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43344 |
| Wintrust Financial Corp. | &nbsp;&nbsp;3102 | &nbsp;&nbsp;&nbsp;&nbsp;410829 |
| WSFS Financial Corp. | &nbsp;&nbsp;4815 | &nbsp;&nbsp;&nbsp;&nbsp;259673 |
| Zions Bancorp NA | 16259 | &nbsp;&nbsp;&nbsp;&nbsp;919934 |
|  |  | 31257671 |
| **Capital markets – 1.5%** | **Capital markets – 1.5%** |  |
| Affiliated Managers Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29327 |
| Diamond Hill Investment Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24082 |
| DigitalBridge Group, Inc. | &nbsp;&nbsp;6789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79431 |
| Franklin Resources, Inc. | 33033 | &nbsp;&nbsp;&nbsp;&nbsp;764053 |
| Invesco, Ltd. | 38955 | &nbsp;&nbsp;&nbsp;&nbsp;893628 |
| Janus Henderson Group PLC | 13228 | &nbsp;&nbsp;&nbsp;&nbsp;588778 |
| Oppenheimer Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60384 |
| Stifel Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66493 |
| Victory Capital Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23573 |
| Virtus Investment Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;105657 |
|  |  | &nbsp;&nbsp;&nbsp;2635406 |
| **Consumer finance – 1.9%** | **Consumer finance – 1.9%** |  |
| Ally Financial, Inc. | 24039 | &nbsp;&nbsp;&nbsp;&nbsp;942329 |
| Atlanticus Holdings Corp. (A) | &nbsp;&nbsp;1012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59283 |
| Bread Financial Holdings, Inc. | &nbsp;&nbsp;5224 | &nbsp;&nbsp;&nbsp;&nbsp;291342 |
| Consumer Portfolio Services, Inc. (A) | &nbsp;&nbsp;1066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8048 |
| Encore Capital Group, Inc. (A) | &nbsp;&nbsp;2377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99216 |
| Enova International, Inc. (A) | &nbsp;&nbsp;2138 | &nbsp;&nbsp;&nbsp;&nbsp;246062 |
| EZCORP, Inc., Class A (A) | &nbsp;&nbsp;6064 | &nbsp;&nbsp;&nbsp;&nbsp;115459 |
| FirstCash Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30892 |
| Green Dot Corp., Class A (A) | &nbsp;&nbsp;5713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76726 |
| LendingClub Corp. (A) | &nbsp;&nbsp;9687 | &nbsp;&nbsp;&nbsp;&nbsp;147146 |
| Navient Corp. | 11291 | &nbsp;&nbsp;&nbsp;&nbsp;148477 |
| Nelnet, Inc., Class A | &nbsp;&nbsp;2752 | &nbsp;&nbsp;&nbsp;&nbsp;345046 |
| NerdWallet, Inc., Class A (A) | &nbsp;&nbsp;2380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25609 |
| Old Market Capital Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383 |
| OneMain Holdings, Inc. | 10668 | &nbsp;&nbsp;&nbsp;&nbsp;602315 |
| Oportun Financial Corp. (A) | &nbsp;&nbsp;1259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7768 |
| PRA Group, Inc. (A) | &nbsp;&nbsp;4305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66469 |
| PROG Holdings, Inc. | &nbsp;&nbsp;1807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58475 |
| Regional Management Corp. | &nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22324 |
| SLM Corp. | &nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35430 |
| World Acceptance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41778 |
|  |  | &nbsp;&nbsp;&nbsp;3370577 |
| **Financial services – 2.7%** | **Financial services – 2.7%** |  |
| Acacia Research Corp. (A) | &nbsp;&nbsp;5453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17722 |
| Alerus Financial Corp. | &nbsp;&nbsp;1790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39631 |
| California First Leasing Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2916 |
| Cass Information Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13294 |
| Enact Holdings, Inc. | &nbsp;&nbsp;5826 | &nbsp;&nbsp;&nbsp;&nbsp;223369 |
| Essent Group, Ltd. | &nbsp;&nbsp;8696 | &nbsp;&nbsp;&nbsp;&nbsp;552718 |
| Federal Agricultural Mortgage Corp., Class C | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;150846 |
| Flywire Corp. (A) | &nbsp;&nbsp;1868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25293 |
| Jackson Financial, Inc., Class A | &nbsp;&nbsp;7265 | &nbsp;&nbsp;&nbsp;&nbsp;735436 |
| Merchants Bancorp | &nbsp;&nbsp;2523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80231 |
| MGIC Investment Corp. | 21346 | &nbsp;&nbsp;&nbsp;&nbsp;605586 |
| Mr. Cooper Group, Inc. | &nbsp;&nbsp;3087 | &nbsp;&nbsp;&nbsp;&nbsp;650709 |
| NMI Holdings, Inc. (A) | &nbsp;&nbsp;7442 | &nbsp;&nbsp;&nbsp;&nbsp;285326 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financial services (continued)** | **Financial services (continued)** |  |
| Onity Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;315 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12587 |
| Paysafe, Ltd. (A) | &nbsp;&nbsp;4562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58941 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp;464550 |
| Radian Group, Inc. | &nbsp;&nbsp;9022 | &nbsp;&nbsp;&nbsp;&nbsp;326777 |
| Repay Holdings Corp. (A) | &nbsp;&nbsp;3834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20052 |
| TrustCo Bank Corp. NY | &nbsp;&nbsp;2163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78517 |
| Velocity Financial, Inc. (A) | &nbsp;&nbsp;2333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42321 |
| Voya Financial, Inc. | &nbsp;&nbsp;2868 | &nbsp;&nbsp;&nbsp;&nbsp;214526 |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;1425 | &nbsp;&nbsp;&nbsp;&nbsp;119159 |
| Waterstone Financial, Inc. | &nbsp;&nbsp;3889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60668 |
|  |  | &nbsp;&nbsp;&nbsp;4781175 |
| **Insurance – 4.8%** | **Insurance – 4.8%** |  |
| Ambac Financial Group, Inc. (A) | &nbsp;&nbsp;3281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27364 |
| American Coastal Insurance Corp. | &nbsp;&nbsp;2809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31995 |
| American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;&nbsp;&nbsp;115410 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;539 | &nbsp;&nbsp;&nbsp;&nbsp;116747 |
| Assured Guaranty, Ltd. | &nbsp;&nbsp;3868 | &nbsp;&nbsp;&nbsp;&nbsp;327426 |
| Axis Capital Holdings, Ltd. | &nbsp;&nbsp;4858 | &nbsp;&nbsp;&nbsp;&nbsp;465396 |
| Brighthouse Financial, Inc. (A) | &nbsp;&nbsp;5735 | &nbsp;&nbsp;&nbsp;&nbsp;304414 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp;371770 |
| Donegal Group, Inc., Class A | &nbsp;&nbsp;3869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75020 |
| Employers Holdings, Inc. | &nbsp;&nbsp;3280 | &nbsp;&nbsp;&nbsp;&nbsp;139334 |
| Everest Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86157 |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp;1303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40745 |
| Fidelis Insurance Holdings, Ltd. | &nbsp;&nbsp;4214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76484 |
| First American Financial Corp. | &nbsp;&nbsp;8688 | &nbsp;&nbsp;&nbsp;&nbsp;558117 |
| Genworth Financial, Inc. (A) | 40497 | &nbsp;&nbsp;&nbsp;&nbsp;360423 |
| Globe Life, Inc. | &nbsp;&nbsp;4049 | &nbsp;&nbsp;&nbsp;&nbsp;578886 |
| Greenlight Capital Re, Ltd., Class A (A) | &nbsp;&nbsp;3417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43396 |
| Hamilton Insurance Group, Ltd., Class B (A) | &nbsp;&nbsp;2452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60810 |
| Heritage Insurance Holdings, Inc. (A) | &nbsp;&nbsp;2137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53810 |
| Horace Mann Educators Corp. | &nbsp;&nbsp;4103 | &nbsp;&nbsp;&nbsp;&nbsp;185333 |
| Investors Title Company | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76332 |
| James River Group Holdings, Ltd. | &nbsp;&nbsp;2157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11971 |
| Kemper Corp. | &nbsp;&nbsp;4883 | &nbsp;&nbsp;&nbsp;&nbsp;251719 |
| Lincoln National Corp. | &nbsp;&nbsp;8927 | &nbsp;&nbsp;&nbsp;&nbsp;360026 |
| Mercury General Corp. | &nbsp;&nbsp;3856 | &nbsp;&nbsp;&nbsp;&nbsp;326912 |
| Old Republic International Corp. | &nbsp;&nbsp;8056 | &nbsp;&nbsp;&nbsp;&nbsp;342138 |
| ProAssurance Corp. (A) | &nbsp;&nbsp;4655 | &nbsp;&nbsp;&nbsp;&nbsp;111673 |
| Reinsurance Group of America, Inc. | &nbsp;&nbsp;2571 | &nbsp;&nbsp;&nbsp;&nbsp;493966 |
| RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;2743 | &nbsp;&nbsp;&nbsp;&nbsp;696530 |
| Safety Insurance Group, Inc. | &nbsp;&nbsp;1112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78607 |
| Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22781 |
| SelectQuote, Inc. (A) | &nbsp;&nbsp;9833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19273 |
| SiriusPoint, Ltd. (A) | 12227 | &nbsp;&nbsp;&nbsp;&nbsp;221186 |
| Stewart Information Services Corp. | &nbsp;&nbsp;2456 | &nbsp;&nbsp;&nbsp;&nbsp;180074 |
| The Hanover Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27245 |
| Tiptree, Inc. | &nbsp;&nbsp;4589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87971 |
| United Fire Group, Inc. | &nbsp;&nbsp;2109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64156 |
| Universal Insurance Holdings, Inc. | &nbsp;&nbsp;3446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90630 |
| Unum Group | &nbsp;&nbsp;9130 | &nbsp;&nbsp;&nbsp;&nbsp;710131 |
| White Mountains Insurance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;309231 |
|  |  | &nbsp;&nbsp;&nbsp;8501589 |
|  |  | 50546418 |
| **Health care – 7.6%** |  |  |
| **Biotechnology – 0.5%** | **Biotechnology – 0.5%** |  |
| Allogene Therapeutics, Inc. (A) | &nbsp;&nbsp;4442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5508 |
| Anika Therapeutics, Inc. (A) | &nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14899 |
| Arcturus Therapeutics Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14154 |
| CareDx, Inc. (A) | &nbsp;&nbsp;1713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24907 |
| Catalyst Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11643 |
| CRISPR Therapeutics AG (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23785 |
| Cullinan Therapeutics, Inc. (A) | &nbsp;&nbsp;1880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11148 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| CureVac NV (A) | &nbsp;&nbsp;6804 | $&nbsp;&nbsp;&nbsp;&nbsp;36674 |
| Day One Biopharmaceuticals, Inc. (A) | &nbsp;&nbsp;2917 | &nbsp;&nbsp;&nbsp;&nbsp;20565 |
| Dynavax Technologies Corp. (A) | &nbsp;&nbsp;6773 | &nbsp;&nbsp;&nbsp;&nbsp;67256 |
| Editas Medicine, Inc. (A) | &nbsp;&nbsp;4847 | &nbsp;&nbsp;&nbsp;&nbsp;16819 |
| Emergent BioSolutions, Inc. (A) | &nbsp;&nbsp;2676 | &nbsp;&nbsp;&nbsp;&nbsp;23602 |
| Intellia Therapeutics, Inc. (A) | &nbsp;&nbsp;1569 | &nbsp;&nbsp;&nbsp;&nbsp;27097 |
| iTeos Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158 |
| Janux Therapeutics, Inc. (A) | &nbsp;&nbsp;1839 | &nbsp;&nbsp;&nbsp;&nbsp;44945 |
| Kodiak Sciences, Inc. (A) | &nbsp;&nbsp;1185 | &nbsp;&nbsp;&nbsp;&nbsp;19398 |
| Monte Rosa Therapeutics, Inc. (A) | &nbsp;&nbsp;3223 | &nbsp;&nbsp;&nbsp;&nbsp;23882 |
| Myriad Genetics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5647 |
| Nkarta, Inc. (A)(C) | &nbsp;&nbsp;2121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4390 |
| Organogenesis Holdings, Inc. (A) | &nbsp;&nbsp;6172 | &nbsp;&nbsp;&nbsp;&nbsp;26046 |
| PDL BioPharma, Inc. (A)(B) | &nbsp;&nbsp;5434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869 |
| Prothena Corp. PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9496 |
| REGENXBIO, Inc. (A) | &nbsp;&nbsp;1845 | &nbsp;&nbsp;&nbsp;&nbsp;17804 |
| Relay Therapeutics, Inc. (A) | &nbsp;&nbsp;3430 | &nbsp;&nbsp;&nbsp;&nbsp;17905 |
| Sage Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;2478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446 |
| Tourmaline Bio, Inc. (A) | &nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp;118858 |
| Vanda Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;4716 | &nbsp;&nbsp;&nbsp;&nbsp;23533 |
| Veracyte, Inc. (A) | &nbsp;&nbsp;7060 | &nbsp;&nbsp;&nbsp;&nbsp;242370 |
| Vir Biotechnology, Inc. (A) | &nbsp;&nbsp;8514 | &nbsp;&nbsp;&nbsp;&nbsp;48615 |
| Voyager Therapeutics, Inc. (A) | &nbsp;&nbsp;1361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6356 |
| Xencor, Inc. (A) | &nbsp;&nbsp;3040 | &nbsp;&nbsp;&nbsp;&nbsp;35659 |
| Zymeworks, Inc. (A) | &nbsp;&nbsp;1431 | &nbsp;&nbsp;&nbsp;&nbsp;24441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;968875 |
| **Health care equipment and supplies – 1.6%** | **Health care equipment and supplies – 1.6%** |  |
| AngioDynamics, Inc. (A) | &nbsp;&nbsp;3198 | &nbsp;&nbsp;&nbsp;&nbsp;35722 |
| Avanos Medical, Inc. (A) | &nbsp;&nbsp;5595 | &nbsp;&nbsp;&nbsp;&nbsp;64678 |
| CONMED Corp. | &nbsp;&nbsp;1313 | &nbsp;&nbsp;&nbsp;&nbsp;61750 |
| Dentsply Sirona, Inc. | 10075 | &nbsp;&nbsp;&nbsp;&nbsp;127852 |
| Enovis Corp. (A) | &nbsp;&nbsp;6058 | &nbsp;&nbsp;&nbsp;&nbsp;183800 |
| Envista Holdings Corp. (A) | 16899 | &nbsp;&nbsp;&nbsp;&nbsp;344233 |
| FONAR Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6973 |
| Globus Medical, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9908 |
| ICU Medical, Inc. (A) | &nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp;178740 |
| Inogen, Inc. (A) | &nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp;13709 |
| Integer Holdings Corp. (A) | &nbsp;&nbsp;1801 | &nbsp;&nbsp;&nbsp;&nbsp;186097 |
| Integra LifeSciences Holdings Corp. (A) | &nbsp;&nbsp;5794 | &nbsp;&nbsp;&nbsp;&nbsp;83028 |
| Kewaunee Scientific Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3540 |
| LivaNova PLC (A) | &nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp;116231 |
| Neogen Corp. (A) | 19887 | &nbsp;&nbsp;&nbsp;&nbsp;113555 |
| Omnicell, Inc. (A) | &nbsp;&nbsp;3918 | &nbsp;&nbsp;&nbsp;&nbsp;119303 |
| OraSure Technologies, Inc. (A) | &nbsp;&nbsp;4040 | &nbsp;&nbsp;&nbsp;&nbsp;12968 |
| Orthofix Medical, Inc. (A) | &nbsp;&nbsp;4028 | &nbsp;&nbsp;&nbsp;&nbsp;58970 |
| OrthoPediatrics Corp. (A) | &nbsp;&nbsp;1896 | &nbsp;&nbsp;&nbsp;&nbsp;35133 |
| QuidelOrtho Corp. (A) | &nbsp;&nbsp;5901 | &nbsp;&nbsp;&nbsp;&nbsp;173784 |
| STAAR Surgical Company (A) | &nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;45545 |
| Tactile Systems Technology, Inc. (A) | &nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp;20968 |
| Teleflex, Inc. | &nbsp;&nbsp;3253 | &nbsp;&nbsp;&nbsp;&nbsp;398037 |
| The Cooper Companies, Inc. (A) | &nbsp;&nbsp;3884 | &nbsp;&nbsp;&nbsp;&nbsp;266287 |
| Utah Medical Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;289 | &nbsp;&nbsp;&nbsp;&nbsp;18198 |
| Varex Imaging Corp. (A) | &nbsp;&nbsp;4007 | &nbsp;&nbsp;&nbsp;&nbsp;49687 |
| Zimvie, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;778 | &nbsp;&nbsp;&nbsp;&nbsp;14735 |
|  |  | 2743431 |
| **Health care providers and services – 1.8%** | **Health care providers and services – 1.8%** |  |
| Acadia Healthcare Company, Inc. (A)(C) | &nbsp;&nbsp;8305 | &nbsp;&nbsp;&nbsp;&nbsp;205632 |
| AdaptHealth Corp. (A) | 10001 | &nbsp;&nbsp;&nbsp;&nbsp;89509 |
| Addus HomeCare Corp. (A) | &nbsp;&nbsp;1732 | &nbsp;&nbsp;&nbsp;&nbsp;204359 |
| Astrana Health, Inc. (A) | &nbsp;&nbsp;1776 | &nbsp;&nbsp;&nbsp;&nbsp;50350 |
| BrightSpring Health Services, Inc. (A) | &nbsp;&nbsp;1612 | &nbsp;&nbsp;&nbsp;&nbsp;47651 |
| Castle Biosciences, Inc. (A) | &nbsp;&nbsp;2492 | &nbsp;&nbsp;&nbsp;&nbsp;56743 |
| Centene Corp. (A) | &nbsp;&nbsp;4863 | &nbsp;&nbsp;&nbsp;&nbsp;173512 |
| Cross Country Healthcare, Inc. (A) | &nbsp;&nbsp;3819 | &nbsp;&nbsp;&nbsp;&nbsp;54230 |
| Enhabit, Inc. (A) | &nbsp;&nbsp;5906 | &nbsp;&nbsp;&nbsp;&nbsp;47307 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| Fulgent Genetics, Inc. (A) | &nbsp;&nbsp;4293 | $&nbsp;&nbsp;&nbsp;&nbsp;97022 |
| Henry Schein, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp;23296 |
| LifeStance Health Group, Inc. (A) | &nbsp;&nbsp;7345 | &nbsp;&nbsp;&nbsp;&nbsp;40398 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;879 | &nbsp;&nbsp;&nbsp;&nbsp;168205 |
| National HealthCare Corp. | &nbsp;&nbsp;1373 | &nbsp;&nbsp;&nbsp;&nbsp;166833 |
| NeoGenomics, Inc. (A) | 15245 | &nbsp;&nbsp;&nbsp;&nbsp;117691 |
| OPKO Health, Inc. (A) | &nbsp;&nbsp;8398 | &nbsp;&nbsp;&nbsp;&nbsp;13017 |
| Owens & Minor, Inc. (A) | &nbsp;&nbsp;8533 | &nbsp;&nbsp;&nbsp;&nbsp;40958 |
| Pediatrix Medical Group, Inc. (A) | &nbsp;&nbsp;7834 | &nbsp;&nbsp;&nbsp;&nbsp;131220 |
| Premier, Inc., Class A | &nbsp;&nbsp;9591 | &nbsp;&nbsp;&nbsp;&nbsp;266630 |
| Select Medical Holdings Corp. | &nbsp;&nbsp;8695 | &nbsp;&nbsp;&nbsp;&nbsp;111644 |
| Surgery Partners, Inc. (A) | &nbsp;&nbsp;5297 | &nbsp;&nbsp;&nbsp;&nbsp;114627 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;130758 |
| The Pennant Group, Inc. (A) | &nbsp;&nbsp;2698 | &nbsp;&nbsp;&nbsp;&nbsp;68044 |
| Universal Health Services, Inc., Class B | &nbsp;&nbsp;3407 | &nbsp;&nbsp;&nbsp;&nbsp;696527 |
| US Physical Therapy, Inc. | &nbsp;&nbsp;1370 | &nbsp;&nbsp;&nbsp;&nbsp;116382 |
|  |  | 3232545 |
| **Health care technology – 0.2%** | **Health care technology – 0.2%** |  |
| American Well Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940 |
| Certara, Inc. (A) | &nbsp;&nbsp;9929 | &nbsp;&nbsp;&nbsp;&nbsp;121332 |
| Definitive Healthcare Corp. (A) | &nbsp;&nbsp;1330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 |
| Evolent Health, Inc., Class A (A) | &nbsp;&nbsp;1381 | &nbsp;&nbsp;&nbsp;&nbsp;11683 |
| GoodRx Holdings, Inc., Class A (A) | &nbsp;&nbsp;3210 | &nbsp;&nbsp;&nbsp;&nbsp;13578 |
| Health Catalyst, Inc. (A) | &nbsp;&nbsp;2468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7034 |
| HealthStream, Inc. | &nbsp;&nbsp;2711 | &nbsp;&nbsp;&nbsp;&nbsp;76559 |
| Simulations Plus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;14166 |
| Teladoc Health, Inc. (A) | 14948 | &nbsp;&nbsp;&nbsp;&nbsp;115548 |
| TruBridge, Inc. (A) | &nbsp;&nbsp;1067 | &nbsp;&nbsp;&nbsp;&nbsp;21521 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;389761 |
| **Life sciences tools and services – 1.5%** | **Life sciences tools and services – 1.5%** |  |
| Avantor, Inc. (A) | 28030 | &nbsp;&nbsp;&nbsp;&nbsp;349814 |
| Azenta, Inc. (A) | &nbsp;&nbsp;4127 | &nbsp;&nbsp;&nbsp;&nbsp;118527 |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;1612 | &nbsp;&nbsp;&nbsp;&nbsp;451989 |
| Charles River Laboratories International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;35986 |
| CryoPort, Inc. (A) | &nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;28440 |
| Cytek Biosciences, Inc. (A) | 13243 | &nbsp;&nbsp;&nbsp;&nbsp;45953 |
| ICON PLC (A) | &nbsp;&nbsp;4952 | &nbsp;&nbsp;&nbsp;&nbsp;866600 |
| MaxCyte, Inc. (A) | &nbsp;&nbsp;3699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5844 |
| Mesa Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp;16484 |
| OmniAb, Inc. (A) | &nbsp;&nbsp;6457 | &nbsp;&nbsp;&nbsp;&nbsp;10331 |
| OmniAb, Inc., $12.50 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238 |
| OmniAb, Inc., $15.00 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 |
| Personalis, Inc. (A)(C) | &nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7472 |
| Quanterix Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4621 |
| Revvity, Inc. | &nbsp;&nbsp;7835 | &nbsp;&nbsp;&nbsp;&nbsp;686738 |
| Seer, Inc. (A) | &nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4546 |
|  |  | 2633803 |
| **Pharmaceuticals – 2.0%** | **Pharmaceuticals – 2.0%** |  |
| Amphastar Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3557 | &nbsp;&nbsp;&nbsp;&nbsp;94794 |
| Atea Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8120 |
| Cumberland Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2983 |
| Elanco Animal Health, Inc. (A) | 38843 | &nbsp;&nbsp;&nbsp;&nbsp;782298 |
| Harmony Biosciences Holdings, Inc. (A) | &nbsp;&nbsp;2122 | &nbsp;&nbsp;&nbsp;&nbsp;58482 |
| Innoviva, Inc. (A) | &nbsp;&nbsp;7085 | &nbsp;&nbsp;&nbsp;&nbsp;129301 |
| Jazz Pharmaceuticals PLC (A) | &nbsp;&nbsp;3725 | &nbsp;&nbsp;&nbsp;&nbsp;490955 |
| Ligand Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;252 | &nbsp;&nbsp;&nbsp;&nbsp;44639 |
| Neumora Therapeutics, Inc. (A) | &nbsp;&nbsp;5323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9688 |
| Nuvation Bio, Inc. (A) | &nbsp;&nbsp;9531 | &nbsp;&nbsp;&nbsp;&nbsp;35265 |
| Pacira BioSciences, Inc. (A) | &nbsp;&nbsp;3165 | &nbsp;&nbsp;&nbsp;&nbsp;81562 |
| Perrigo Company PLC (C) | 14404 | &nbsp;&nbsp;&nbsp;&nbsp;320777 |
| Pliant Therapeutics, Inc. (A) | &nbsp;&nbsp;1976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2924 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Prestige Consumer Healthcare, Inc. (A) | &nbsp;&nbsp;4154 | $&nbsp;&nbsp;&nbsp;&nbsp;259210 |
| Rafael Holdings, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680 |
| SIGA Technologies, Inc. | &nbsp;&nbsp;3721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34047 |
| Supernus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;5048 | &nbsp;&nbsp;&nbsp;&nbsp;241244 |
| Terns Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26863 |
| Viatris, Inc. | 85856 | &nbsp;&nbsp;&nbsp;&nbsp;849974 |
|  |  | &nbsp;&nbsp;&nbsp;3473806 |
|  |  | 13442221 |
| **Industrials – 15.8%** |  |  |
| **Aerospace and defense – 0.7%** | **Aerospace and defense – 0.7%** |  |
| AAR Corp. (A) | &nbsp;&nbsp;3420 | &nbsp;&nbsp;&nbsp;&nbsp;306671 |
| AerSale Corp. (A) | &nbsp;&nbsp;2933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24021 |
| Ducommun, Inc. (A) | &nbsp;&nbsp;1245 | &nbsp;&nbsp;&nbsp;&nbsp;119682 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67947 |
| Mercury Systems, Inc. (A) | &nbsp;&nbsp;2371 | &nbsp;&nbsp;&nbsp;&nbsp;183515 |
| National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83440 |
| Park Aerospace Corp. | &nbsp;&nbsp;2083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42368 |
| SIFCO Industries, Inc. (A) | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7041 |
| Textron, Inc. | &nbsp;&nbsp;1283 | &nbsp;&nbsp;&nbsp;&nbsp;108401 |
| V2X, Inc. (A) | &nbsp;&nbsp;2053 | &nbsp;&nbsp;&nbsp;&nbsp;119259 |
| VSE Corp. | &nbsp;&nbsp;1387 | &nbsp;&nbsp;&nbsp;&nbsp;230575 |
|  |  | &nbsp;&nbsp;&nbsp;1292920 |
| **Air freight and logistics – 0.2%** | **Air freight and logistics – 0.2%** |  |
| GXO Logistics, Inc. (A) | &nbsp;&nbsp;3117 | &nbsp;&nbsp;&nbsp;&nbsp;164858 |
| Hub Group, Inc., Class A | &nbsp;&nbsp;5858 | &nbsp;&nbsp;&nbsp;&nbsp;201750 |
| Radiant Logistics, Inc. (A) | &nbsp;&nbsp;3764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;388816 |
| **Building products – 1.8%** | **Building products – 1.8%** |  |
| American Woodmark Corp. (A) | &nbsp;&nbsp;2154 | &nbsp;&nbsp;&nbsp;&nbsp;143801 |
| Apogee Enterprises, Inc. | &nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp;108271 |
| AZZ, Inc. | &nbsp;&nbsp;1776 | &nbsp;&nbsp;&nbsp;&nbsp;193815 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;1337 | &nbsp;&nbsp;&nbsp;&nbsp;162111 |
| Fortune Brands Innovations, Inc. | &nbsp;&nbsp;5551 | &nbsp;&nbsp;&nbsp;&nbsp;296368 |
| Gibraltar Industries, Inc. (A) | &nbsp;&nbsp;2835 | &nbsp;&nbsp;&nbsp;&nbsp;178038 |
| Hayward Holdings, Inc. (A) | 13257 | &nbsp;&nbsp;&nbsp;&nbsp;200446 |
| Insteel Industries, Inc. | &nbsp;&nbsp;1689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64756 |
| Janus International Group, Inc. (A) | &nbsp;&nbsp;5808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57325 |
| JELD-WEN Holding, Inc. (A) | &nbsp;&nbsp;4097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20116 |
| Masterbrand, Inc. (A) | 11236 | &nbsp;&nbsp;&nbsp;&nbsp;147978 |
| Owens Corning | &nbsp;&nbsp;5214 | &nbsp;&nbsp;&nbsp;&nbsp;737572 |
| Quanex Building Products Corp. | &nbsp;&nbsp;2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28852 |
| Resideo Technologies, Inc. (A) | 13667 | &nbsp;&nbsp;&nbsp;&nbsp;590141 |
| UFP Industries, Inc. | &nbsp;&nbsp;2310 | &nbsp;&nbsp;&nbsp;&nbsp;215962 |
|  |  | &nbsp;&nbsp;&nbsp;3145552 |
| **Commercial services and supplies – 1.2%** | **Commercial services and supplies – 1.2%** |  |
| ABM Industries, Inc. | &nbsp;&nbsp;5820 | &nbsp;&nbsp;&nbsp;&nbsp;268418 |
| ACCO Brands Corp. | &nbsp;&nbsp;8323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33209 |
| Acme United Corp. (C) | &nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30185 |
| Brady Corp., Class A | &nbsp;&nbsp;2040 | &nbsp;&nbsp;&nbsp;&nbsp;159181 |
| BrightView Holdings, Inc. (A) | &nbsp;&nbsp;8678 | &nbsp;&nbsp;&nbsp;&nbsp;116285 |
| Civeo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15479 |
| Deluxe Corp. | &nbsp;&nbsp;4579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88649 |
| Ennis, Inc. | &nbsp;&nbsp;3253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59465 |
| Enviri Corp. (A) | &nbsp;&nbsp;9452 | &nbsp;&nbsp;&nbsp;&nbsp;119946 |
| Healthcare Services Group, Inc. (A) | &nbsp;&nbsp;4919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82787 |
| HNI Corp. | &nbsp;&nbsp;2204 | &nbsp;&nbsp;&nbsp;&nbsp;103257 |
| Interface, Inc. | &nbsp;&nbsp;5284 | &nbsp;&nbsp;&nbsp;&nbsp;152919 |
| MillerKnoll, Inc. | &nbsp;&nbsp;5808 | &nbsp;&nbsp;&nbsp;&nbsp;103034 |
| Montrose Environmental Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10792 |
| NL Industries, Inc. | &nbsp;&nbsp;3260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20049 |
| OPENLANE, Inc. (A) | 10424 | &nbsp;&nbsp;&nbsp;&nbsp;300003 |
| Steelcase, Inc., Class A | &nbsp;&nbsp;8290 | &nbsp;&nbsp;&nbsp;&nbsp;142588 |
| UniFirst Corp. | &nbsp;&nbsp;1266 | &nbsp;&nbsp;&nbsp;&nbsp;211663 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Commercial services and supplies (continued)** | **Commercial services and supplies (continued)** |  |
| Vestis Corp. | &nbsp;&nbsp;8348 | $&nbsp;&nbsp;&nbsp;&nbsp;37816 |
| Virco Manufacturing Corp. | &nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 |
|  |  | 2065025 |
| **Construction and engineering – 0.6%** | **Construction and engineering – 0.6%** |  |
| Ameresco, Inc., Class A (A) | &nbsp;&nbsp;2658 | &nbsp;&nbsp;&nbsp;&nbsp;89256 |
| Arcosa, Inc. | &nbsp;&nbsp;2760 | &nbsp;&nbsp;&nbsp;&nbsp;258640 |
| Bowman Consulting Group, Ltd. (A) | &nbsp;&nbsp;1047 | &nbsp;&nbsp;&nbsp;&nbsp;44351 |
| Concrete Pumping Holdings, Inc. | &nbsp;&nbsp;3671 | &nbsp;&nbsp;&nbsp;&nbsp;25881 |
| Great Lakes Dredge & Dock Corp. (A) | 10393 | &nbsp;&nbsp;&nbsp;&nbsp;124612 |
| Matrix Service Company (A) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;14388 |
| NWPX Infrastructure, Inc. (A) | &nbsp;&nbsp;1306 | &nbsp;&nbsp;&nbsp;&nbsp;69127 |
| Orion Group Holdings, Inc. (A) | &nbsp;&nbsp;6515 | &nbsp;&nbsp;&nbsp;&nbsp;54205 |
| Primoris Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;28427 |
| Tutor Perini Corp. (A) | &nbsp;&nbsp;5413 | &nbsp;&nbsp;&nbsp;&nbsp;355039 |
|  |  | 1063926 |
| **Electrical equipment – 1.3%** | **Electrical equipment – 1.3%** |  |
| Allient, Inc. | &nbsp;&nbsp;1380 | &nbsp;&nbsp;&nbsp;&nbsp;61755 |
| Atkore, Inc. | &nbsp;&nbsp;2996 | &nbsp;&nbsp;&nbsp;&nbsp;187969 |
| Communications Systems, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68 |
| EnerSys | &nbsp;&nbsp;2342 | &nbsp;&nbsp;&nbsp;&nbsp;264552 |
| LSI Industries, Inc. | &nbsp;&nbsp;3947 | &nbsp;&nbsp;&nbsp;&nbsp;93189 |
| Preformed Line Products Company | &nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;&nbsp;136520 |
| Regal Rexnord Corp. | &nbsp;&nbsp;5343 | &nbsp;&nbsp;&nbsp;&nbsp;766400 |
| Sensata Technologies Holding PLC | 13006 | &nbsp;&nbsp;&nbsp;&nbsp;397333 |
| Shoals Technologies Group, Inc., Class A (A) | &nbsp;&nbsp;4351 | &nbsp;&nbsp;&nbsp;&nbsp;32241 |
| Sunrun, Inc. (A) | 10267 | &nbsp;&nbsp;&nbsp;&nbsp;177516 |
| Thermon Group Holdings, Inc. (A) | &nbsp;&nbsp;3785 | &nbsp;&nbsp;&nbsp;&nbsp;101135 |
| Ultralife Corp. (A) | &nbsp;&nbsp;1984 | &nbsp;&nbsp;&nbsp;&nbsp;13531 |
|  |  | 2232209 |
| **Ground transportation – 1.6%** | **Ground transportation – 1.6%** |  |
| ArcBest Corp. | &nbsp;&nbsp;2127 | &nbsp;&nbsp;&nbsp;&nbsp;148613 |
| Covenant Logistics Group, Inc. (C) | &nbsp;&nbsp;2928 | &nbsp;&nbsp;&nbsp;&nbsp;63420 |
| FTAI Infrastructure, Inc. | &nbsp;&nbsp;2333 | &nbsp;&nbsp;&nbsp;&nbsp;10172 |
| Heartland Express, Inc. | &nbsp;&nbsp;8010 | &nbsp;&nbsp;&nbsp;&nbsp;67124 |
| Knight-Swift Transportation Holdings, Inc. | 15695 | &nbsp;&nbsp;&nbsp;&nbsp;620109 |
| Marten Transport, Ltd. | &nbsp;&nbsp;7224 | &nbsp;&nbsp;&nbsp;&nbsp;77008 |
| PAMT Corp. (A) | &nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp;23769 |
| Ryder System, Inc. | &nbsp;&nbsp;3502 | &nbsp;&nbsp;&nbsp;&nbsp;660617 |
| Saia, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;&nbsp;242182 |
| Schneider National, Inc., Class B | &nbsp;&nbsp;8309 | &nbsp;&nbsp;&nbsp;&nbsp;175818 |
| U-Haul Holding Company (A) | &nbsp;&nbsp;1626 | &nbsp;&nbsp;&nbsp;&nbsp;92796 |
| U-Haul Holding Company, Series N | &nbsp;&nbsp;9368 | &nbsp;&nbsp;&nbsp;&nbsp;476831 |
| Universal Logistics Holdings, Inc. (C) | &nbsp;&nbsp;1998 | &nbsp;&nbsp;&nbsp;&nbsp;46833 |
| Werner Enterprises, Inc. | &nbsp;&nbsp;6648 | &nbsp;&nbsp;&nbsp;&nbsp;174975 |
|  |  | 2880267 |
| **Machinery – 3.5%** | **Machinery – 3.5%** |  |
| 3D Systems Corp. (A)(C) | &nbsp;&nbsp;5104 | &nbsp;&nbsp;&nbsp;&nbsp;14802 |
| Aebi Schmidt Holding AG | &nbsp;&nbsp;3018 | &nbsp;&nbsp;&nbsp;&nbsp;37634 |
| AGCO Corp. | &nbsp;&nbsp;5423 | &nbsp;&nbsp;&nbsp;&nbsp;580641 |
| Alamo Group, Inc. | &nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp;224498 |
| Albany International Corp., Class A | &nbsp;&nbsp;1243 | &nbsp;&nbsp;&nbsp;&nbsp;66252 |
| Astec Industries, Inc. | &nbsp;&nbsp;2815 | &nbsp;&nbsp;&nbsp;&nbsp;135486 |
| Chart Industries, Inc. (A) | &nbsp;&nbsp;1024 | &nbsp;&nbsp;&nbsp;&nbsp;204954 |
| CNH Industrial NV | 22009 | &nbsp;&nbsp;&nbsp;&nbsp;238798 |
| Columbus McKinnon Corp. | &nbsp;&nbsp;2178 | &nbsp;&nbsp;&nbsp;&nbsp;31233 |
| Commercial Vehicle Group, Inc. (A) | &nbsp;&nbsp;2492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4236 |
| Douglas Dynamics, Inc. | &nbsp;&nbsp;2021 | &nbsp;&nbsp;&nbsp;&nbsp;63176 |
| Enpro, Inc. | &nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp;270522 |
| Gates Industrial Corp. PLC (A) | 10297 | &nbsp;&nbsp;&nbsp;&nbsp;255572 |
| Gencor Industries, Inc. (A) | &nbsp;&nbsp;1462 | &nbsp;&nbsp;&nbsp;&nbsp;21389 |
| Helios Technologies, Inc. | &nbsp;&nbsp;2995 | &nbsp;&nbsp;&nbsp;&nbsp;156129 |
| Hillenbrand, Inc. | &nbsp;&nbsp;4296 | &nbsp;&nbsp;&nbsp;&nbsp;116164 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| Hillman Solutions Corp. (A) | 17806 | $&nbsp;&nbsp;&nbsp;&nbsp;163459 |
| Hurco Companies, Inc. (A) | &nbsp;&nbsp;1054 | &nbsp;&nbsp;&nbsp;&nbsp;18340 |
| Hyster-Yale, Inc. | &nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp;40177 |
| IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;88053 |
| Kennametal, Inc. | &nbsp;&nbsp;9907 | &nbsp;&nbsp;&nbsp;&nbsp;207354 |
| LB Foster Company, Class A (A) | &nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp;45788 |
| Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;14056 |
| Luxfer Holdings PLC | &nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp;25520 |
| Mayville Engineering Company, Inc. (A) | &nbsp;&nbsp;1796 | &nbsp;&nbsp;&nbsp;&nbsp;24713 |
| Miller Industries, Inc. | &nbsp;&nbsp;1781 | &nbsp;&nbsp;&nbsp;&nbsp;71988 |
| Mueller Industries, Inc. | &nbsp;&nbsp;4250 | &nbsp;&nbsp;&nbsp;&nbsp;429718 |
| NN, Inc. (A) | &nbsp;&nbsp;2376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4895 |
| Oshkosh Corp. | &nbsp;&nbsp;3356 | &nbsp;&nbsp;&nbsp;&nbsp;435273 |
| Park-Ohio Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;749 | &nbsp;&nbsp;&nbsp;&nbsp;15909 |
| Perma-Pipe International Holdings, Inc. (A) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;25773 |
| Proto Labs, Inc. (A) | &nbsp;&nbsp;2456 | &nbsp;&nbsp;&nbsp;&nbsp;122874 |
| Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;449 | &nbsp;&nbsp;&nbsp;&nbsp;95143 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;8593 | &nbsp;&nbsp;&nbsp;&nbsp;638718 |
| Stratasys, Ltd. (A) | &nbsp;&nbsp;1753 | &nbsp;&nbsp;&nbsp;&nbsp;19634 |
| Tennant Company | &nbsp;&nbsp;&nbsp;&nbsp;353 | &nbsp;&nbsp;&nbsp;&nbsp;28614 |
| Terex Corp. | &nbsp;&nbsp;5797 | &nbsp;&nbsp;&nbsp;&nbsp;297386 |
| The Eastern Company | &nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;26862 |
| The Gorman-Rupp Company | &nbsp;&nbsp;1854 | &nbsp;&nbsp;&nbsp;&nbsp;86044 |
| The Greenbrier Companies, Inc. | &nbsp;&nbsp;3130 | &nbsp;&nbsp;&nbsp;&nbsp;144512 |
| The Manitowoc Company, Inc. (A) | &nbsp;&nbsp;4590 | &nbsp;&nbsp;&nbsp;&nbsp;45946 |
| The Middleby Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;&nbsp;72314 |
| The Timken Company | &nbsp;&nbsp;1091 | &nbsp;&nbsp;&nbsp;&nbsp;82021 |
| Titan International, Inc. (A) | &nbsp;&nbsp;8125 | &nbsp;&nbsp;&nbsp;&nbsp;61425 |
| Trinity Industries, Inc. | &nbsp;&nbsp;8335 | &nbsp;&nbsp;&nbsp;&nbsp;233713 |
| Twin Disc, Inc. | &nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp;23001 |
| Worthington Enterprises, Inc. | &nbsp;&nbsp;3821 | &nbsp;&nbsp;&nbsp;&nbsp;212027 |
|  |  | 6222736 |
| **Marine transportation – 0.4%** | **Marine transportation – 0.4%** |  |
| Costamare Bulkers Holdings, Ltd. (A) | &nbsp;&nbsp;1918 | &nbsp;&nbsp;&nbsp;&nbsp;27562 |
| Costamare, Inc. | 11608 | &nbsp;&nbsp;&nbsp;&nbsp;138251 |
| Genco Shipping & Trading, Ltd. | &nbsp;&nbsp;5252 | &nbsp;&nbsp;&nbsp;&nbsp;93486 |
| Kirby Corp. (A) | &nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp;157721 |
| Matson, Inc. | &nbsp;&nbsp;2873 | &nbsp;&nbsp;&nbsp;&nbsp;283249 |
| Pangaea Logistics Solutions, Ltd. | &nbsp;&nbsp;4289 | &nbsp;&nbsp;&nbsp;&nbsp;21788 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;722057 |
| **Passenger airlines – 0.9%** | **Passenger airlines – 0.9%** |  |
| Alaska Air Group, Inc. (A) | 11606 | &nbsp;&nbsp;&nbsp;&nbsp;577747 |
| Allegiant Travel Company (A) | &nbsp;&nbsp;1947 | &nbsp;&nbsp;&nbsp;&nbsp;118319 |
| Copa Holdings SA, Class A | &nbsp;&nbsp;1854 | &nbsp;&nbsp;&nbsp;&nbsp;220292 |
| Frontier Group Holdings, Inc. (A)(C) | 14232 | &nbsp;&nbsp;&nbsp;&nbsp;62834 |
| JetBlue Airways Corp. (A) | 27061 | &nbsp;&nbsp;&nbsp;&nbsp;133140 |
| SkyWest, Inc. (A) | &nbsp;&nbsp;3517 | &nbsp;&nbsp;&nbsp;&nbsp;353881 |
| Strata Critical Medical, Inc. (A) | &nbsp;&nbsp;5674 | &nbsp;&nbsp;&nbsp;&nbsp;28710 |
| Sun Country Airlines Holdings, Inc. (A) | &nbsp;&nbsp;7681 | &nbsp;&nbsp;&nbsp;&nbsp;90713 |
|  |  | 1585636 |
| **Professional services – 1.4%** | **Professional services – 1.4%** |  |
| Acuren Corp. (A) | &nbsp;&nbsp;3263 | &nbsp;&nbsp;&nbsp;&nbsp;43431 |
| Alight, Inc., Class A | 47117 | &nbsp;&nbsp;&nbsp;&nbsp;153601 |
| Amentum Holdings, Inc. (A) | &nbsp;&nbsp;3668 | &nbsp;&nbsp;&nbsp;&nbsp;87849 |
| Asure Software, Inc. (A) | &nbsp;&nbsp;1391 | &nbsp;&nbsp;&nbsp;&nbsp;11406 |
| BGSF, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5680 |
| CACI International, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp;192030 |
| Clarivate PLC (A) | 55199 | &nbsp;&nbsp;&nbsp;&nbsp;211412 |
| Concentrix Corp. (C) | &nbsp;&nbsp;5815 | &nbsp;&nbsp;&nbsp;&nbsp;268362 |
| Conduent, Inc. (A) | 14444 | &nbsp;&nbsp;&nbsp;&nbsp;40443 |
| First Advantage Corp. (A)(C) | &nbsp;&nbsp;1878 | &nbsp;&nbsp;&nbsp;&nbsp;28902 |
| FTI Consulting, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;18428 |
| Genpact, Ltd. | &nbsp;&nbsp;3574 | &nbsp;&nbsp;&nbsp;&nbsp;149715 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Professional services (continued)** | **Professional services (continued)** |  |
| Heidrick & Struggles International, Inc. | &nbsp;&nbsp;1672 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83215 |
| IBEX Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35414 |
| ICF International, Inc. | &nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp;130848 |
| Kelly Services, Inc., Class A | &nbsp;&nbsp;4561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59840 |
| Korn Ferry | &nbsp;&nbsp;4161 | &nbsp;&nbsp;&nbsp;&nbsp;291187 |
| ManpowerGroup, Inc. | &nbsp;&nbsp;4501 | &nbsp;&nbsp;&nbsp;&nbsp;170588 |
| Maximus, Inc. | &nbsp;&nbsp;2740 | &nbsp;&nbsp;&nbsp;&nbsp;250354 |
| Mistras Group, Inc. (A) | &nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21963 |
| Resources Connection, Inc. | &nbsp;&nbsp;4120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20806 |
| Robert Half, Inc. | &nbsp;&nbsp;3575 | &nbsp;&nbsp;&nbsp;&nbsp;121479 |
| Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50281 |
| TrueBlue, Inc. (A) | &nbsp;&nbsp;3219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19732 |
| TTEC Holdings, Inc. (A) | &nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4368 |
| Willdan Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19531 |
|  |  | &nbsp;&nbsp;&nbsp;2490865 |
| **Trading companies and distributors – 2.2%** | **Trading companies and distributors – 2.2%** |  |
| Air Lease Corp. | 11269 | &nbsp;&nbsp;&nbsp;&nbsp;717272 |
| BlueLinx Holdings, Inc. (A)(C) | &nbsp;&nbsp;1193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87184 |
| Boise Cascade Company | &nbsp;&nbsp;3402 | &nbsp;&nbsp;&nbsp;&nbsp;263043 |
| Custom Truck One Source, Inc. (A)(C) | &nbsp;&nbsp;9674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62107 |
| Distribution Solutions Group, Inc. (A) | &nbsp;&nbsp;2214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66597 |
| DNOW, Inc. (A) | 12468 | &nbsp;&nbsp;&nbsp;&nbsp;190137 |
| DXP Enterprises, Inc. (A) | &nbsp;&nbsp;1295 | &nbsp;&nbsp;&nbsp;&nbsp;154196 |
| GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;926 | &nbsp;&nbsp;&nbsp;&nbsp;161865 |
| Global Industrial, Inc. | &nbsp;&nbsp;1726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63292 |
| Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;107677 |
| Hudson Technologies, Inc. (A) | &nbsp;&nbsp;2645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26265 |
| McGrath RentCorp | &nbsp;&nbsp;1388 | &nbsp;&nbsp;&nbsp;&nbsp;162812 |
| MRC Global, Inc. (A) | &nbsp;&nbsp;4399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63434 |
| MSC Industrial Direct Company, Inc., Class A | &nbsp;&nbsp;1510 | &nbsp;&nbsp;&nbsp;&nbsp;139131 |
| NPK International, Inc. (A) | &nbsp;&nbsp;8462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95705 |
| Rush Enterprises, Inc., Class A | &nbsp;&nbsp;5847 | &nbsp;&nbsp;&nbsp;&nbsp;312639 |
| Rush Enterprises, Inc., Class B | &nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73211 |
| Titan Machinery, Inc. (A) | &nbsp;&nbsp;3843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64332 |
| Transcat, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32354 |
| WESCO International, Inc. | &nbsp;&nbsp;3945 | &nbsp;&nbsp;&nbsp;&nbsp;834368 |
| Willis Lease Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89109 |
|  |  | &nbsp;&nbsp;&nbsp;3766730 |
|  |  | 27856739 |
| **Information technology – 7.0%** |  |  |
| **Communications equipment – 0.6%** | **Communications equipment – 0.6%** |  |
| Aviat Networks, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19009 |
| Clearfield, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16090 |
| Comtech Telecommunications Corp. (A) | &nbsp;&nbsp;2706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6981 |
| Digi International, Inc. (A) | &nbsp;&nbsp;3664 | &nbsp;&nbsp;&nbsp;&nbsp;133589 |
| Harmonic, Inc. (A) | &nbsp;&nbsp;4330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44079 |
| KVH Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5096 |
| NETGEAR, Inc. (A) | &nbsp;&nbsp;3745 | &nbsp;&nbsp;&nbsp;&nbsp;121301 |
| NetScout Systems, Inc. (A) | &nbsp;&nbsp;8322 | &nbsp;&nbsp;&nbsp;&nbsp;214957 |
| Optical Cable Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7560 |
| Ribbon Communications, Inc. (A) | &nbsp;&nbsp;8541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32456 |
| Viasat, Inc. (A) | 11656 | &nbsp;&nbsp;&nbsp;&nbsp;341521 |
| Viavi Solutions, Inc. (A) | 12244 | &nbsp;&nbsp;&nbsp;&nbsp;155376 |
|  |  | &nbsp;&nbsp;&nbsp;1098015 |
| **Electronic equipment, instruments and components – 3.5%** | **Electronic equipment, instruments and components – 3.5%** |  |
| Arrow Electronics, Inc. (A) | &nbsp;&nbsp;4682 | &nbsp;&nbsp;&nbsp;&nbsp;566522 |
| Avnet, Inc. | &nbsp;&nbsp;9370 | &nbsp;&nbsp;&nbsp;&nbsp;489864 |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26371 |
| Benchmark Electronics, Inc. | &nbsp;&nbsp;4113 | &nbsp;&nbsp;&nbsp;&nbsp;158556 |
| Coherent Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22406 |
| Crane NXT Company | &nbsp;&nbsp;2405 | &nbsp;&nbsp;&nbsp;&nbsp;161303 |
| CTS Corp. | &nbsp;&nbsp;2507 | &nbsp;&nbsp;&nbsp;&nbsp;100130 |
| Daktronics, Inc. (A) | &nbsp;&nbsp;6286 | &nbsp;&nbsp;&nbsp;&nbsp;131503 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| ePlus, Inc. | &nbsp;&nbsp;2789 | $&nbsp;&nbsp;&nbsp;&nbsp;198047 |
| Insight Enterprises, Inc. (A) | &nbsp;&nbsp;1140 | &nbsp;&nbsp;&nbsp;&nbsp;129287 |
| IPG Photonics Corp. (A) | &nbsp;&nbsp;3031 | &nbsp;&nbsp;&nbsp;&nbsp;240025 |
| Key Tronic Corp. (A) | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6783 |
| Kimball Electronics, Inc. (A) | &nbsp;&nbsp;3836 | &nbsp;&nbsp;&nbsp;&nbsp;114543 |
| Knowles Corp. (A) | &nbsp;&nbsp;9130 | &nbsp;&nbsp;&nbsp;&nbsp;212820 |
| Methode Electronics, Inc. | &nbsp;&nbsp;2971 | &nbsp;&nbsp;&nbsp;&nbsp;22431 |
| Mirion Technologies, Inc. (A) | &nbsp;&nbsp;8746 | &nbsp;&nbsp;&nbsp;&nbsp;203432 |
| PC Connection, Inc. | &nbsp;&nbsp;2791 | &nbsp;&nbsp;&nbsp;&nbsp;173014 |
| Plexus Corp. (A) | &nbsp;&nbsp;2482 | &nbsp;&nbsp;&nbsp;&nbsp;359121 |
| Powerfleet, Inc. (A) | &nbsp;&nbsp;9661 | &nbsp;&nbsp;&nbsp;&nbsp;50624 |
| RF Industries, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988 |
| Richardson Electronics, Ltd. | &nbsp;&nbsp;1461 | &nbsp;&nbsp;&nbsp;&nbsp;14303 |
| Rogers Corp. (A) | &nbsp;&nbsp;1493 | &nbsp;&nbsp;&nbsp;&nbsp;120127 |
| Sanmina Corp. (A) | &nbsp;&nbsp;2774 | &nbsp;&nbsp;&nbsp;&nbsp;319315 |
| ScanSource, Inc. (A) | &nbsp;&nbsp;3273 | &nbsp;&nbsp;&nbsp;&nbsp;143979 |
| SmartRent, Inc. (A) | &nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6063 |
| TD SYNNEX Corp. | &nbsp;&nbsp;7604 | 1245155 |
| TTM Technologies, Inc. (A) | 11374 | &nbsp;&nbsp;&nbsp;&nbsp;655142 |
| Vishay Intertechnology, Inc. | 13910 | &nbsp;&nbsp;&nbsp;&nbsp;212823 |
| Vishay Precision Group, Inc. (A) | &nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp;54036 |
|  |  | 6138713 |
| **IT services – 0.5%** | **IT services – 0.5%** |  |
| Akamai Technologies, Inc. (A) | &nbsp;&nbsp;5033 | &nbsp;&nbsp;&nbsp;&nbsp;381300 |
| ASGN, Inc. (A) | &nbsp;&nbsp;3833 | &nbsp;&nbsp;&nbsp;&nbsp;181493 |
| DXC Technology Company (A) | 16462 | &nbsp;&nbsp;&nbsp;&nbsp;224377 |
| Fastly, Inc., Class A (A) | 12165 | &nbsp;&nbsp;&nbsp;&nbsp;104011 |
| Globant SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9009 |
| Grid Dynamics Holdings, Inc. (A) | &nbsp;&nbsp;2685 | &nbsp;&nbsp;&nbsp;&nbsp;20701 |
| Information Services Group, Inc. | &nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp;25300 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;946191 |
| **Semiconductors and semiconductor equipment – 1.5%** | **Semiconductors and semiconductor equipment – 1.5%** |  |
| Alpha & Omega Semiconductor, Ltd. (A) | &nbsp;&nbsp;4086 | &nbsp;&nbsp;&nbsp;&nbsp;114245 |
| Amkor Technology, Inc. | 23333 | &nbsp;&nbsp;&nbsp;&nbsp;662657 |
| Amtech Systems, Inc. (A) | &nbsp;&nbsp;2404 | &nbsp;&nbsp;&nbsp;&nbsp;22261 |
| Axcelis Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;40521 |
| CEVA, Inc. (A) | &nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp;30636 |
| Cohu, Inc. (A) | &nbsp;&nbsp;5294 | &nbsp;&nbsp;&nbsp;&nbsp;107627 |
| Diodes, Inc. (A) | &nbsp;&nbsp;3447 | &nbsp;&nbsp;&nbsp;&nbsp;183415 |
| FormFactor, Inc. (A) | &nbsp;&nbsp;2780 | &nbsp;&nbsp;&nbsp;&nbsp;101248 |
| Ichor Holdings, Ltd. (A) | &nbsp;&nbsp;4254 | &nbsp;&nbsp;&nbsp;&nbsp;74530 |
| Indie Semiconductor, Inc., Class A (A)(C) | &nbsp;&nbsp;9495 | &nbsp;&nbsp;&nbsp;&nbsp;38645 |
| Kulicke & Soffa Industries, Inc. | &nbsp;&nbsp;4655 | &nbsp;&nbsp;&nbsp;&nbsp;189179 |
| Magnachip Semiconductor Corp. (A) | &nbsp;&nbsp;2526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7906 |
| MKS, Inc. | &nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp;208676 |
| Penguin Solutions, Inc. (A) | &nbsp;&nbsp;4457 | &nbsp;&nbsp;&nbsp;&nbsp;117130 |
| Photronics, Inc. (A) | &nbsp;&nbsp;7623 | &nbsp;&nbsp;&nbsp;&nbsp;174948 |
| Qorvo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp;68948 |
| Skyworks Solutions, Inc. | &nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp;117010 |
| Synaptics, Inc. (A) | &nbsp;&nbsp;1961 | &nbsp;&nbsp;&nbsp;&nbsp;134015 |
| Ultra Clean Holdings, Inc. (A) | &nbsp;&nbsp;5478 | &nbsp;&nbsp;&nbsp;&nbsp;149276 |
| Veeco Instruments, Inc. (A) | &nbsp;&nbsp;3352 | &nbsp;&nbsp;&nbsp;&nbsp;102001 |
|  |  | 2644874 |
| **Software – 0.8%** | **Software – 0.8%** |  |
| ACI Worldwide, Inc. (A) | &nbsp;&nbsp;1582 | &nbsp;&nbsp;&nbsp;&nbsp;83482 |
| Aware, Inc. (A) | &nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5206 |
| BILL Holdings, Inc. (A) | &nbsp;&nbsp;2577 | &nbsp;&nbsp;&nbsp;&nbsp;136504 |
| Bit Digital, Inc. (A) | &nbsp;&nbsp;4280 | &nbsp;&nbsp;&nbsp;&nbsp;12840 |
| Cerence, Inc. (A) | &nbsp;&nbsp;2124 | &nbsp;&nbsp;&nbsp;&nbsp;26465 |
| Cipher Mining, Inc. (A)(C) | 10375 | &nbsp;&nbsp;&nbsp;&nbsp;130621 |
| CleanSpark, Inc. (A) | 10298 | &nbsp;&nbsp;&nbsp;&nbsp;149321 |
| Consensus Cloud Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6403 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| Daily Journal Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19071 |
| LiveRamp Holdings, Inc. (A) | &nbsp;&nbsp;5657 | &nbsp;&nbsp;&nbsp;&nbsp;153531 |
| MeridianLink, Inc. (A) | &nbsp;&nbsp;1819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36253 |
| Mitek Systems, Inc. (A) | &nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32622 |
| N-able, Inc. (A) | &nbsp;&nbsp;9627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75091 |
| NCino, Inc. (A) | &nbsp;&nbsp;4022 | &nbsp;&nbsp;&nbsp;&nbsp;109036 |
| NCR Voyix Corp. (A) | &nbsp;&nbsp;5833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73204 |
| ON24, Inc. (A) | &nbsp;&nbsp;2666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15250 |
| OneSpan, Inc. | &nbsp;&nbsp;2351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37357 |
| Riot Platforms, Inc. (A) | &nbsp;&nbsp;4132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78632 |
| Sapiens International Corp. NV | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17200 |
| Verint Systems, Inc. (A) | &nbsp;&nbsp;5292 | &nbsp;&nbsp;&nbsp;&nbsp;107163 |
| Xperi, Inc. (A) | &nbsp;&nbsp;3587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23244 |
|  |  | &nbsp;&nbsp;&nbsp;1328496 |
| **Technology hardware, storage and peripherals – 0.1%** | **Technology hardware, storage and peripherals – 0.1%** |  |
| AstroNova, Inc. (A) | &nbsp;&nbsp;1439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14735 |
| Corsair Gaming, Inc. (A) | &nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29552 |
| Diebold Nixdorf, Inc. (A) | &nbsp;&nbsp;1163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66326 |
| Eastman Kodak Company (A) | &nbsp;&nbsp;4412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28281 |
| Xerox Holdings Corp. (C) | 18434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69312 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;208206 |
|  |  | 12364495 |
| **Materials – 6.7%** |  |  |
| **Chemicals – 3.2%** | **Chemicals – 3.2%** |  |
| AdvanSix, Inc. | &nbsp;&nbsp;2915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56493 |
| Alto Ingredients, Inc. (A) | &nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3564 |
| American Vanguard Corp. (A) | &nbsp;&nbsp;2933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16835 |
| Arq, Inc. (A) | &nbsp;&nbsp;1736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12430 |
| Ashland, Inc. | &nbsp;&nbsp;5269 | &nbsp;&nbsp;&nbsp;&nbsp;252438 |
| Avient Corp. | &nbsp;&nbsp;8252 | &nbsp;&nbsp;&nbsp;&nbsp;271903 |
| Axalta Coating Systems, Ltd. (A) | &nbsp;&nbsp;6559 | &nbsp;&nbsp;&nbsp;&nbsp;187719 |
| Cabot Corp. | &nbsp;&nbsp;2316 | &nbsp;&nbsp;&nbsp;&nbsp;176132 |
| Celanese Corp. | &nbsp;&nbsp;2746 | &nbsp;&nbsp;&nbsp;&nbsp;115552 |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;8231 | &nbsp;&nbsp;&nbsp;&nbsp;738321 |
| Core Molding Technologies, Inc. (A) | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20550 |
| Eastman Chemical Company | &nbsp;&nbsp;7299 | &nbsp;&nbsp;&nbsp;&nbsp;460202 |
| Ecovyst, Inc. (A) | 11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96360 |
| Element Solutions, Inc. | &nbsp;&nbsp;8048 | &nbsp;&nbsp;&nbsp;&nbsp;202568 |
| Flotek Industries, Inc. (A)(C) | &nbsp;&nbsp;1893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27638 |
| FMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29258 |
| HB Fuller Company | &nbsp;&nbsp;2951 | &nbsp;&nbsp;&nbsp;&nbsp;174935 |
| Huntsman Corp. | 15756 | &nbsp;&nbsp;&nbsp;&nbsp;141489 |
| Innospec, Inc. | &nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;146990 |
| Intrepid Potash, Inc. (A) | &nbsp;&nbsp;1117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34158 |
| Koppers Holdings, Inc. | &nbsp;&nbsp;2301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64428 |
| Kronos Worldwide, Inc. | &nbsp;&nbsp;5645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32402 |
| LSB Industries, Inc. (A) | &nbsp;&nbsp;6523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51401 |
| Mativ Holdings, Inc. | &nbsp;&nbsp;4760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53836 |
| Minerals Technologies, Inc. | &nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;&nbsp;181390 |
| Olin Corp. | &nbsp;&nbsp;9448 | &nbsp;&nbsp;&nbsp;&nbsp;236106 |
| Orion SA | &nbsp;&nbsp;4191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31768 |
| Perimeter Solutions, Inc. (A) | 13081 | &nbsp;&nbsp;&nbsp;&nbsp;292884 |
| Quaker Chemical Corp. | &nbsp;&nbsp;1427 | &nbsp;&nbsp;&nbsp;&nbsp;188007 |
| Rayonier Advanced Materials, Inc. (A) | &nbsp;&nbsp;4555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32887 |
| Stepan Company | &nbsp;&nbsp;1951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93063 |
| The Mosaic Company | 25732 | &nbsp;&nbsp;&nbsp;&nbsp;892386 |
| Tronox Holdings PLC | 11977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48148 |
| Westlake Corp. | &nbsp;&nbsp;2356 | &nbsp;&nbsp;&nbsp;&nbsp;181553 |
|  |  | &nbsp;&nbsp;&nbsp;5545794 |
| **Containers and packaging – 1.2%** | **Containers and packaging – 1.2%** |  |
| Ball Corp. | 10141 | &nbsp;&nbsp;&nbsp;&nbsp;511309 |
| Graphic Packaging Holding Company | 21485 | &nbsp;&nbsp;&nbsp;&nbsp;420461 |
| Greif, Inc., Class A | &nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp;150894 |
| Greif, Inc., Class B | &nbsp;&nbsp;1013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62411 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Containers and packaging (continued)** | **Containers and packaging (continued)** |  |
| Myers Industries, Inc. | &nbsp;&nbsp;4005 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67845 |
| O-I Glass, Inc. (A) | 11675 | &nbsp;&nbsp;&nbsp;&nbsp;151425 |
| Ranpak Holdings Corp. (A)(C) | &nbsp;&nbsp;4753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26712 |
| Silgan Holdings, Inc. | &nbsp;&nbsp;7434 | &nbsp;&nbsp;&nbsp;&nbsp;319736 |
| Sonoco Products Company | &nbsp;&nbsp;4787 | &nbsp;&nbsp;&nbsp;&nbsp;206272 |
| TriMas Corp. | &nbsp;&nbsp;3876 | &nbsp;&nbsp;&nbsp;&nbsp;149769 |
|  |  | &nbsp;&nbsp;&nbsp;2066834 |
| **Metals and mining – 2.2%** | **Metals and mining – 2.2%** |  |
| Alcoa Corp. | 23981 | &nbsp;&nbsp;&nbsp;&nbsp;788735 |
| Alpha Metallurgical Resources, Inc. (A) | &nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp;216107 |
| Ampco-Pittsburgh Corp. (A) | &nbsp;&nbsp;1644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3765 |
| Ascent Industries Company (A) | &nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28452 |
| Caledonia Mining Corp. PLC | &nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37658 |
| Century Aluminum Company (A) | &nbsp;&nbsp;5782 | &nbsp;&nbsp;&nbsp;&nbsp;169760 |
| Cleveland-Cliffs, Inc. (A) | 10846 | &nbsp;&nbsp;&nbsp;&nbsp;132321 |
| Coeur Mining, Inc. (A) | &nbsp;&nbsp;7752 | &nbsp;&nbsp;&nbsp;&nbsp;145428 |
| Commercial Metals Company | 11570 | &nbsp;&nbsp;&nbsp;&nbsp;662730 |
| Compass Minerals International, Inc. (A) | &nbsp;&nbsp;1647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31622 |
| Friedman Industries, Inc. | &nbsp;&nbsp;1511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33083 |
| Hecla Mining Company | 48483 | &nbsp;&nbsp;&nbsp;&nbsp;586644 |
| Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41281 |
| Materion Corp. | &nbsp;&nbsp;1671 | &nbsp;&nbsp;&nbsp;&nbsp;201874 |
| McEwen, Inc. (A) | &nbsp;&nbsp;3789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64792 |
| Metallus, Inc. (A) | &nbsp;&nbsp;5092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84171 |
| Nexa Resources SA | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4491 |
| Olympic Steel, Inc. | &nbsp;&nbsp;2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62514 |
| Ramaco Resources, Inc., Class A (A) | &nbsp;&nbsp;4465 | &nbsp;&nbsp;&nbsp;&nbsp;148193 |
| Ramaco Resources, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 |
| Ryerson Holding Corp. | &nbsp;&nbsp;2583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59047 |
| SunCoke Energy, Inc. | &nbsp;&nbsp;7778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63468 |
| Tredegar Corp. (A) | &nbsp;&nbsp;1654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13282 |
| Warrior Met Coal, Inc. | &nbsp;&nbsp;3572 | &nbsp;&nbsp;&nbsp;&nbsp;227322 |
| Worthington Steel, Inc. | &nbsp;&nbsp;4445 | &nbsp;&nbsp;&nbsp;&nbsp;135084 |
|  |  | &nbsp;&nbsp;&nbsp;3941840 |
| **Paper and forest products – 0.1%** | **Paper and forest products – 0.1%** |  |
| Clearwater Paper Corp. (A) | &nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33154 |
| Mercer International, Inc. | &nbsp;&nbsp;7458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21479 |
| Resolute Forest Products, Inc. (A)(B) | &nbsp;&nbsp;7541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10708 |
| Sylvamo Corp. | &nbsp;&nbsp;1762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77916 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;143257 |
|  |  | 11697725 |
| **Real estate – 1.1%** |  |  |
| **Real estate management and development – 1.1%** | **Real estate management and development – 1.1%** |  |
| Anywhere Real Estate, Inc. (A) | &nbsp;&nbsp;9125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96634 |
| Cushman & Wakefield PLC (A) | 20427 | &nbsp;&nbsp;&nbsp;&nbsp;325198 |
| Douglas Elliman, Inc. (A) | &nbsp;&nbsp;6219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17786 |
| Five Point Holdings LLC, Class A (A) | &nbsp;&nbsp;4575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28045 |
| Forestar Group, Inc. (A) | &nbsp;&nbsp;4423 | &nbsp;&nbsp;&nbsp;&nbsp;117608 |
| FRP Holdings, Inc. (A) | &nbsp;&nbsp;1862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45358 |
| Howard Hughes Holdings, Inc. (A) | &nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;274366 |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp;456368 |
| Kennedy-Wilson Holdings, Inc. | 11933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99283 |
| Marcus & Millichap, Inc. | &nbsp;&nbsp;4012 | &nbsp;&nbsp;&nbsp;&nbsp;117752 |
| Newmark Group, Inc., Class A | &nbsp;&nbsp;8103 | &nbsp;&nbsp;&nbsp;&nbsp;151121 |
| RE/MAX Holdings, Inc., Class A (A) | &nbsp;&nbsp;2193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20680 |
| Seaport Entertainment Group, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19276 |
| Stratus Properties, Inc. (A) | &nbsp;&nbsp;1025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689 |
| Tejon Ranch Company (A) | &nbsp;&nbsp;3096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49474 |
| The RMR Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6921 |
|  |  | &nbsp;&nbsp;&nbsp;1847559 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Utilities – 0.3%** |  |  |
| **Electric utilities – 0.0%** | **Electric utilities – 0.0%** |  |
| Genie Energy, Ltd., B Shares | &nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14950 |
| **Gas utilities – 0.2%** | **Gas utilities – 0.2%** |  |
| MDU Resources Group, Inc. | &nbsp;&nbsp;18245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324943 |
| New Jersey Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30094 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355037 |
| **Independent power and renewable electricity producers –<br> 0.1%** | **Independent power and renewable electricity producers –<br> 0.1%** |  |
| Hallador Energy Company (A) | &nbsp;&nbsp;&nbsp;1635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31997 |
| Montauk Renewables, Inc. (A) | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4020 |
| Ormat Technologies, Inc. | &nbsp;&nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170555 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206572 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576559 |
| TOTAL COMMON STOCKS (Cost $153,976,673) | TOTAL COMMON STOCKS (Cost $153,976,673) | $175735360 |
| **SHORT-TERM INVESTMENTS – 1.1%** | **SHORT-TERM INVESTMENTS – 1.1%** |  |
| **Short-term funds – 1.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (D)(E) | 157114 | &nbsp;&nbsp;&nbsp;&nbsp;1571672 |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (D) | 335788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335788 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $1,907,498) | TOTAL SHORT-TERM INVESTMENTS (Cost $1,907,498) | $&nbsp;&nbsp;&nbsp;&nbsp;1907460 |
| **Total Investments (Small Cap Opportunities Trust)<br> (Cost $155,884,171) – 101.0%** | **Total Investments (Small Cap Opportunities Trust)<br> (Cost $155,884,171) – 101.0%** | $**177642820** |
| **Other assets and liabilities, net – (1.0%)** | **Other assets and liabilities, net – (1.0%)** | &nbsp;&nbsp;&nbsp;**(1704992)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**175937828** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $3,798,874. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $2,321,968 in the form of U.S. Treasuries was pledged to the fund. |
| (D) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Small Cap Stock Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.3%** | **COMMON STOCKS – 98.3%** |  |
| **Communication services – 1.6%** |  |  |
| **Interactive media and services – 1.1%** | **Interactive media and services – 1.1%** |  |
| CarGurus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73819 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748281 |
| **Media – 0.5%** | **Media – 0.5%** |  |
| Criteo SA, ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905333 |
| MNTN, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457536 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362869 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4111150 |
| **Consumer discretionary – 12.9%** |  |  |
| **Automobile components – 2.3%** | **Automobile components – 2.3%** |  |
| Modine Manufacturing Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657919 |

---

#### Small Cap Stock Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Automobile components (continued)** | **Automobile components (continued)** |  |
| Visteon Corp. | &nbsp;&nbsp;16607 | $&nbsp;&nbsp;&nbsp;1990515 |
|  |  | &nbsp;&nbsp;&nbsp;5648434 |
| **Broadline retail – 1.0%** | **Broadline retail – 1.0%** |  |
| Ollie's Bargain Outlet Holdings, Inc. (A) | &nbsp;&nbsp;19952 | &nbsp;&nbsp;&nbsp;2561837 |
| **Diversified consumer services – 2.2%** | **Diversified consumer services – 2.2%** |  |
| H&R Block, Inc. | &nbsp;&nbsp;48174 | &nbsp;&nbsp;&nbsp;2436159 |
| Stride, Inc. (A) | &nbsp;&nbsp;20037 | &nbsp;&nbsp;&nbsp;2984311 |
|  |  | &nbsp;&nbsp;&nbsp;5420470 |
| **Hotels, restaurants and leisure – 3.2%** | **Hotels, restaurants and leisure – 3.2%** |  |
| Genius Sports, Ltd. (A) | 356304 | &nbsp;&nbsp;&nbsp;4411044 |
| Life Time Group Holdings, Inc. (A) | &nbsp;&nbsp;99804 | &nbsp;&nbsp;&nbsp;2754590 |
| Sweetgreen, Inc., Class A (A)(B) | &nbsp;&nbsp;37674 | &nbsp;&nbsp;&nbsp;&nbsp;300639 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;2467 | &nbsp;&nbsp;&nbsp;&nbsp;620895 |
|  |  | &nbsp;&nbsp;&nbsp;8087168 |
| **Household durables – 1.5%** | **Household durables – 1.5%** |  |
| Champion Homes, Inc. (A) | &nbsp;&nbsp;49515 | &nbsp;&nbsp;&nbsp;3781461 |
| **Specialty retail – 2.7%** | **Specialty retail – 2.7%** |  |
| Boot Barn Holdings, Inc. (A) | &nbsp;&nbsp;25090 | &nbsp;&nbsp;&nbsp;4157915 |
| Five Below, Inc. (A) | &nbsp;&nbsp;17756 | &nbsp;&nbsp;&nbsp;2746853 |
|  |  | &nbsp;&nbsp;&nbsp;6904768 |
|  |  | 32404138 |
| **Consumer staples – 2.7%** |  |  |
| **Beverages – 0.8%** | **Beverages – 0.8%** |  |
| The Vita Coco Company, Inc. (A) | &nbsp;&nbsp;45614 | &nbsp;&nbsp;&nbsp;1937227 |
| **Consumer staples distribution and retail – 0.6%** | **Consumer staples distribution and retail – 0.6%** |  |
| Guardian Pharmacy Services, Inc., Class A (A) | &nbsp;&nbsp;62831 | &nbsp;&nbsp;&nbsp;1648057 |
| **Food products – 0.2%** | **Food products – 0.2%** |  |
| Freshpet, Inc. (A) | &nbsp;&nbsp;&nbsp;8521 | &nbsp;&nbsp;&nbsp;&nbsp;469592 |
| **Personal care products – 1.1%** | **Personal care products – 1.1%** |  |
| BellRing Brands, Inc. (A) | &nbsp;&nbsp;37371 | &nbsp;&nbsp;&nbsp;1358436 |
| Oddity Tech, Ltd., Class A (A) | &nbsp;&nbsp;20975 | &nbsp;&nbsp;&nbsp;1306743 |
|  |  | &nbsp;&nbsp;&nbsp;2665179 |
|  |  | &nbsp;&nbsp;&nbsp;6720055 |
| **Energy – 1.7%** |  |  |
| **Energy equipment and services – 0.5%** | **Energy equipment and services – 0.5%** |  |
| Cactus, Inc., Class A | &nbsp;&nbsp;33968 | &nbsp;&nbsp;&nbsp;1340717 |
| **Oil, gas and consumable fuels – 1.2%** | **Oil, gas and consumable fuels – 1.2%** |  |
| Viper Energy, Inc., Class A | &nbsp;&nbsp;77346 | &nbsp;&nbsp;&nbsp;2956164 |
|  |  | &nbsp;&nbsp;&nbsp;4296881 |
| **Financials – 9.2%** |  |  |
| **Banks – 2.5%** | **Banks – 2.5%** |  |
| Cadence Bank | &nbsp;&nbsp;84186 | &nbsp;&nbsp;&nbsp;3160342 |
| Seacoast Banking Corp. of Florida | 105813 | &nbsp;&nbsp;&nbsp;3219890 |
|  |  | &nbsp;&nbsp;&nbsp;6380232 |
| **Capital markets – 3.3%** | **Capital markets – 3.3%** |  |
| Hamilton Lane, Inc., Class A | &nbsp;&nbsp;23124 | &nbsp;&nbsp;&nbsp;3116884 |
| PJT Partners, Inc., Class A | &nbsp;&nbsp;29062 | &nbsp;&nbsp;&nbsp;5165189 |
|  |  | &nbsp;&nbsp;&nbsp;8282073 |
| **Consumer finance – 0.4%** | **Consumer finance – 0.4%** |  |
| Dave, Inc. (A) | &nbsp;&nbsp;&nbsp;4559 | &nbsp;&nbsp;&nbsp;&nbsp;908837 |
| **Financial services – 1.1%** | **Financial services – 1.1%** |  |
| HA Sustainable Infrastructure Capital, Inc. | &nbsp;&nbsp;94504 | &nbsp;&nbsp;&nbsp;2901273 |
| **Insurance – 1.9%** | **Insurance – 1.9%** |  |
| Beazley PLC | &nbsp;&nbsp;77055 | &nbsp;&nbsp;&nbsp;&nbsp;942380 |
| SiriusPoint, Ltd. (A) | 210678 | &nbsp;&nbsp;&nbsp;3811165 |
|  |  | &nbsp;&nbsp;&nbsp;4753545 |
|  |  | 23225960 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Stock Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care – 24.2%** |  |  |
| **Biotechnology – 13.1%** | **Biotechnology – 13.1%** |  |
| Akero Therapeutics, Inc. (A) | &nbsp;&nbsp;24925 | $&nbsp;&nbsp;&nbsp;1183439 |
| Amicus Therapeutics, Inc. (A) | 122002 | &nbsp;&nbsp;&nbsp;&nbsp;961376 |
| Apellis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;34937 | &nbsp;&nbsp;&nbsp;&nbsp;790624 |
| Apogee Therapeutics, Inc. (A) | &nbsp;&nbsp;24517 | &nbsp;&nbsp;&nbsp;&nbsp;974060 |
| Avidity Biosciences, Inc. (A) | &nbsp;&nbsp;45835 | &nbsp;&nbsp;&nbsp;1997031 |
| Bridgebio Pharma, Inc. (A) | &nbsp;&nbsp;18786 | &nbsp;&nbsp;&nbsp;&nbsp;975745 |
| Celldex Therapeutics, Inc. (A) | &nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;1345240 |
| CG Oncology, Inc. (A) | &nbsp;&nbsp;35291 | &nbsp;&nbsp;&nbsp;1421521 |
| Cytokinetics, Inc. (A) | &nbsp;&nbsp;28599 | &nbsp;&nbsp;&nbsp;1571801 |
| Disc Medicine, Inc. (A) | &nbsp;&nbsp;24232 | &nbsp;&nbsp;&nbsp;1601251 |
| Insmed, Inc. (A) | &nbsp;&nbsp;38865 | &nbsp;&nbsp;&nbsp;5596949 |
| Kymera Therapeutics, Inc. (A) | &nbsp;&nbsp;23837 | &nbsp;&nbsp;&nbsp;1349174 |
| Merus NV (A) | &nbsp;&nbsp;11080 | &nbsp;&nbsp;&nbsp;1043182 |
| Mineralys Therapeutics, Inc. (A) | &nbsp;&nbsp;29700 | &nbsp;&nbsp;&nbsp;1126224 |
| Nuvalent, Inc., Class A (A) | &nbsp;&nbsp;14286 | &nbsp;&nbsp;&nbsp;1235453 |
| Protagonist Therapeutics, Inc. (A) | &nbsp;&nbsp;27178 | &nbsp;&nbsp;&nbsp;1805435 |
| PTC Therapeutics, Inc. (A) | &nbsp;&nbsp;30905 | &nbsp;&nbsp;&nbsp;1896640 |
| REVOLUTION Medicines, Inc. (A) | &nbsp;&nbsp;56540 | &nbsp;&nbsp;&nbsp;2640418 |
| Scholar Rock Holding Corp. (A) | &nbsp;&nbsp;29870 | &nbsp;&nbsp;&nbsp;1112359 |
| Soleno Therapeutics, Inc. (A) | &nbsp;&nbsp;16170 | &nbsp;&nbsp;&nbsp;1093092 |
| Vaxcyte, Inc. (A) | &nbsp;&nbsp;33468 | &nbsp;&nbsp;&nbsp;1205517 |
|  |  | 32926531 |
| **Health care equipment and supplies – 2.9%** | **Health care equipment and supplies – 2.9%** |  |
| Glaukos Corp. (A) | &nbsp;&nbsp;30239 | &nbsp;&nbsp;&nbsp;2465990 |
| Lantheus Holdings, Inc. (A) | &nbsp;&nbsp;31926 | &nbsp;&nbsp;&nbsp;1637485 |
| PROCEPT BioRobotics Corp. (A)(B) | &nbsp;&nbsp;40527 | &nbsp;&nbsp;&nbsp;1446409 |
| TransMedics Group, Inc. (A) | &nbsp;&nbsp;14633 | &nbsp;&nbsp;&nbsp;1641823 |
|  |  | &nbsp;&nbsp;&nbsp;7191707 |
| **Health care providers and services – 6.0%** | **Health care providers and services – 6.0%** |  |
| Alignment Healthcare, Inc. (A) | 241030 | &nbsp;&nbsp;&nbsp;4205974 |
| GeneDx Holdings Corp. (A) | &nbsp;&nbsp;23301 | &nbsp;&nbsp;&nbsp;2510450 |
| HealthEquity, Inc. (A) | &nbsp;&nbsp;37591 | &nbsp;&nbsp;&nbsp;3562499 |
| Hims & Hers Health, Inc. (A) | &nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp;873488 |
| PACS Group, Inc. (A) | &nbsp;&nbsp;81684 | &nbsp;&nbsp;&nbsp;1121521 |
| The Ensign Group, Inc. | &nbsp;&nbsp;16231 | &nbsp;&nbsp;&nbsp;2804230 |
|  |  | 15078162 |
| **Life sciences tools and services – 0.4%** | **Life sciences tools and services – 0.4%** |  |
| Adaptive Biotechnologies Corp. (A) | &nbsp;&nbsp;69130 | &nbsp;&nbsp;&nbsp;1034185 |
| **Pharmaceuticals – 1.8%** | **Pharmaceuticals – 1.8%** |  |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;15228 | &nbsp;&nbsp;&nbsp;1849441 |
| Crinetics Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;47596 | &nbsp;&nbsp;&nbsp;1982373 |
| Structure Therapeutics, Inc., ADR (A) | &nbsp;&nbsp;24723 | &nbsp;&nbsp;&nbsp;&nbsp;692244 |
|  |  | &nbsp;&nbsp;&nbsp;4524058 |
|  |  | 60754643 |
| **Industrials – 23.5%** |  |  |
| **Aerospace and defense – 2.6%** | **Aerospace and defense – 2.6%** |  |
| Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;7319 | &nbsp;&nbsp;&nbsp;3973778 |
| StandardAero, Inc. (A) | &nbsp;&nbsp;65135 | &nbsp;&nbsp;&nbsp;1777534 |
| Voyager Technologies, Inc., Class A (A)(B) | &nbsp;&nbsp;23014 | &nbsp;&nbsp;&nbsp;&nbsp;685357 |
|  |  | &nbsp;&nbsp;&nbsp;6436669 |
| **Building products – 2.3%** | **Building products – 2.3%** |  |
| Zurn Elkay Water Solutions Corp. | 122491 | &nbsp;&nbsp;&nbsp;5760752 |
| **Commercial services and supplies – 1.5%** | **Commercial services and supplies – 1.5%** |  |
| Casella Waste Systems, Inc., Class A (A) | &nbsp;&nbsp;38264 | &nbsp;&nbsp;&nbsp;3630488 |
| The GEO Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5255 | &nbsp;&nbsp;&nbsp;&nbsp;107675 |
|  |  | &nbsp;&nbsp;&nbsp;3738163 |
| **Construction and engineering – 3.2%** | **Construction and engineering – 3.2%** |  |
| Ameresco, Inc., Class A (A)(B) | 143389 | &nbsp;&nbsp;&nbsp;4815002 |
| Comfort Systems USA, Inc. | &nbsp;&nbsp;&nbsp;2197 | &nbsp;&nbsp;&nbsp;1812920 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Construction and engineering (continued)** | **Construction and engineering (continued)** |  |
| Fluor Corp. (A) | &nbsp;&nbsp;36576 | $&nbsp;&nbsp;&nbsp;&nbsp;1538752 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8166674 |
| **Electrical equipment – 3.5%** | **Electrical equipment – 3.5%** |  |
| Acuity, Inc. | &nbsp;&nbsp;12941 | &nbsp;&nbsp;&nbsp;&nbsp;4456751 |
| NEXTracker, Inc., Class A (A) | &nbsp;&nbsp;58096 | &nbsp;&nbsp;&nbsp;&nbsp;4298523 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8755274 |
| **Professional services – 5.7%** | **Professional services – 5.7%** |  |
| ExlService Holdings, Inc. (A) | 100302 | &nbsp;&nbsp;&nbsp;&nbsp;4416297 |
| TriNet Group, Inc. | &nbsp;&nbsp;22208 | &nbsp;&nbsp;&nbsp;&nbsp;1485493 |
| Verra Mobility Corp. (A) | 250130 | &nbsp;&nbsp;&nbsp;&nbsp;6178211 |
| WNS Holdings, Ltd. (A) | &nbsp;&nbsp;28892 | &nbsp;&nbsp;&nbsp;&nbsp;2203593 |
|  |  | &nbsp;&nbsp;&nbsp;14283594 |
| **Trading companies and distributors – 4.7%** | **Trading companies and distributors – 4.7%** |  |
| Applied Industrial Technologies, Inc. | &nbsp;&nbsp;15429 | &nbsp;&nbsp;&nbsp;&nbsp;4027740 |
| DXP Enterprises, Inc. (A) | &nbsp;&nbsp;26113 | &nbsp;&nbsp;&nbsp;&nbsp;3109275 |
| Rush Enterprises, Inc., Class A (B) | &nbsp;&nbsp;39924 | &nbsp;&nbsp;&nbsp;&nbsp;2134736 |
| Xometry, Inc., Class A (A) | &nbsp;&nbsp;49297 | &nbsp;&nbsp;&nbsp;&nbsp;2685208 |
|  |  | &nbsp;&nbsp;&nbsp;11956959 |
|  |  | &nbsp;&nbsp;&nbsp;59098085 |
| **Information technology – 16.0%** |  |  |
| **Communications equipment – 1.5%** | **Communications equipment – 1.5%** |  |
| Calix, Inc. (A) | &nbsp;&nbsp;61203 | &nbsp;&nbsp;&nbsp;&nbsp;3756028 |
| **Electronic equipment, instruments and components – 0.9%** | **Electronic equipment, instruments and components – 0.9%** |  |
| Fabrinet (A) | &nbsp;&nbsp;&nbsp;6123 | &nbsp;&nbsp;&nbsp;&nbsp;2232568 |
| **Semiconductors and semiconductor equipment – 6.2%** | **Semiconductors and semiconductor equipment – 6.2%** |  |
| Credo Technology Group Holding, Ltd. (A) | &nbsp;&nbsp;25618 | &nbsp;&nbsp;&nbsp;&nbsp;3730237 |
| MKS, Inc. | &nbsp;&nbsp;25670 | &nbsp;&nbsp;&nbsp;&nbsp;3177176 |
| SiTime Corp. (A) | &nbsp;&nbsp;25108 | &nbsp;&nbsp;&nbsp;&nbsp;7565291 |
| Universal Display Corp. | &nbsp;&nbsp;&nbsp;6956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999090 |
|  |  | &nbsp;&nbsp;&nbsp;15471794 |
| **Software – 7.4%** | **Software – 7.4%** |  |
| Agilysys, Inc. (A) | &nbsp;&nbsp;19306 | &nbsp;&nbsp;&nbsp;&nbsp;2031957 |
| Amplitude, Inc., Class A (A) | 180753 | &nbsp;&nbsp;&nbsp;&nbsp;1937672 |
| AvePoint, Inc. (A) | 214320 | &nbsp;&nbsp;&nbsp;&nbsp;3216943 |
| Clearwater Analytics Holdings, Inc., Class A (A) | &nbsp;&nbsp;83996 | &nbsp;&nbsp;&nbsp;&nbsp;1513608 |
| CyberArk Software, Ltd. (A) | &nbsp;&nbsp;&nbsp;5868 | &nbsp;&nbsp;&nbsp;&nbsp;2835124 |
| Freshworks, Inc., Class A (A) | 188969 | &nbsp;&nbsp;&nbsp;&nbsp;2224165 |
| Intapp, Inc. (A) | &nbsp;&nbsp;67494 | &nbsp;&nbsp;&nbsp;&nbsp;2760505 |
| Rubrik, Inc., Class A (A) | &nbsp;&nbsp;14267 | &nbsp;&nbsp;&nbsp;&nbsp;1173461 |
| ServiceTitan, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;9752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983294 |
|  |  | &nbsp;&nbsp;&nbsp;18676729 |
|  |  | &nbsp;&nbsp;&nbsp;40137119 |
| **Materials – 3.2%** |  |  |
| **Chemicals – 1.8%** | **Chemicals – 1.8%** |  |
| Cabot Corp. | &nbsp;&nbsp;61461 | &nbsp;&nbsp;&nbsp;&nbsp;4674109 |
| **Construction materials – 1.0%** | **Construction materials – 1.0%** |  |
| James Hardie Industries PLC (A) | 128916 | &nbsp;&nbsp;&nbsp;&nbsp;2476476 |
| **Metals and mining – 0.4%** | **Metals and mining – 0.4%** |  |
| MP Materials Corp. (A) | &nbsp;&nbsp;15482 | &nbsp;&nbsp;&nbsp;&nbsp;1038378 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8188963 |
| **Real estate – 3.3%** |  |  |
| **Health care REITs – 1.8%** | **Health care REITs – 1.8%** |  |
| American Healthcare REIT, Inc. | 110222 | &nbsp;&nbsp;&nbsp;&nbsp;4630426 |
| **Retail REITs – 1.5%** | **Retail REITs – 1.5%** |  |
| Phillips Edison & Company, Inc. | 106916 | &nbsp;&nbsp;&nbsp;&nbsp;3670426 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;8300852 |
| TOTAL COMMON STOCKS (Cost $204,738,857) | TOTAL COMMON STOCKS (Cost $204,738,857) | $247237846 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Cap Stock Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **EXCHANGE-TRADED FUNDS – 0.7%** | **EXCHANGE-TRADED FUNDS – 0.7%** |  |
| iShares Russell 2000 Growth ETF (B) | &nbsp;&nbsp;&nbsp;&nbsp;5107 | $&nbsp;&nbsp;&nbsp;&nbsp;1634444 |
| TOTAL EXCHANGE-TRADED FUNDS (Cost $1,591,255) | TOTAL EXCHANGE-TRADED FUNDS (Cost $1,591,255) | $&nbsp;&nbsp;&nbsp;&nbsp;1634444 |
| **SHORT-TERM INVESTMENTS – 1.5%** | **SHORT-TERM INVESTMENTS – 1.5%** |  |
| **Short-term funds – 0.9%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | &nbsp;&nbsp;215539 | &nbsp;&nbsp;&nbsp;&nbsp;2156120 |
| **Repurchase agreement – 0.6%** |  |  |
| Societe Generale SA Tri-Party Repurchase Agreement dated 9-30-25 at 4.200% to be repurchased at $1,600,187 on 10-1-25, collateralized by $1,902,200 U.S. Treasury Bonds, 3.375% due 8-15-42 (valued at $1,632,066) | $1600000 | &nbsp;&nbsp;&nbsp;&nbsp;1600000 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $3,756,166) | TOTAL SHORT-TERM INVESTMENTS (Cost $3,756,166) | $&nbsp;&nbsp;&nbsp;&nbsp;3756120 |
| **Total Investments (Small Cap Stock Trust)<br> (Cost $210,086,278) – 100.5%** | **Total Investments (Small Cap Stock Trust)<br> (Cost $210,086,278) – 100.5%** | $**252628410** |
| **Other assets and liabilities, net – (0.5%)** | **Other assets and liabilities, net – (0.5%)** | &nbsp;&nbsp;&nbsp;**(1172585)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**251455825** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $6,146,234. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $4,126,376 in the form of U.S. Treasuries was pledged to the fund. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Small Company Value Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 99.1%** | **COMMON STOCKS – 99.1%** |  |
| **Communication services – 2.0%** |  |  |
| **Entertainment – 1.2%** | **Entertainment – 1.2%** |  |
| Liberty Media Corp.-Liberty Live, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10102 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979591 |
| Madison Square Garden Sports Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580439 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1560030 |
| **Media – 0.8%** | **Media – 0.8%** |  |
| The New York Times Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011905 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2571935 |
| **Consumer discretionary – 10.9%** |  |  |
| **Automobile components – 1.3%** | **Automobile components – 1.3%** |  |
| Dorman Products, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618532 |
| Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1657119 |
| **Broadline retail – 0.4%** | **Broadline retail – 0.4%** |  |
| Savers Value Village, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548789 |
| **Diversified consumer services – 1.2%** | **Diversified consumer services – 1.2%** |  |
| Coursera, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263416 |
| Strategic Education, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242672 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1506088 |
| **Hotels, restaurants and leisure – 1.4%** | **Hotels, restaurants and leisure – 1.4%** |  |
| Black Rock Coffee Bar, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112237 |

---

#### Small Company Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| Dutch Bros, Inc., Class A (A) | &nbsp;&nbsp;8296 | $&nbsp;&nbsp;&nbsp;&nbsp;434213 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;7731 | &nbsp;&nbsp;&nbsp;&nbsp;514575 |
| Papa John's International, Inc. | 11649 | &nbsp;&nbsp;&nbsp;&nbsp;560899 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;812 | &nbsp;&nbsp;&nbsp;&nbsp;204364 |
|  |  | &nbsp;&nbsp;&nbsp;1826288 |
| **Household durables – 1.8%** | **Household durables – 1.8%** |  |
| Champion Homes, Inc. (A) | &nbsp;&nbsp;7322 | &nbsp;&nbsp;&nbsp;&nbsp;559181 |
| Meritage Homes Corp. | &nbsp;&nbsp;6417 | &nbsp;&nbsp;&nbsp;&nbsp;464783 |
| Taylor Morrison Home Corp. (A) | 19873 | &nbsp;&nbsp;&nbsp;1311817 |
|  |  | &nbsp;&nbsp;&nbsp;2335781 |
| **Leisure products – 0.7%** | **Leisure products – 0.7%** |  |
| Peloton Interactive, Inc., Class A (A) | 96994 | &nbsp;&nbsp;&nbsp;&nbsp;872946 |
| **Specialty retail – 2.8%** | **Specialty retail – 2.8%** |  |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;5732 | &nbsp;&nbsp;&nbsp;&nbsp;490373 |
| Advance Auto Parts, Inc. | &nbsp;&nbsp;5661 | &nbsp;&nbsp;&nbsp;&nbsp;347585 |
| Boot Barn Holdings, Inc. (A) | &nbsp;&nbsp;2411 | &nbsp;&nbsp;&nbsp;&nbsp;399551 |
| Carvana Company (A) | &nbsp;&nbsp;1780 | &nbsp;&nbsp;&nbsp;&nbsp;671487 |
| Chewy, Inc., Class A (A) | 12695 | &nbsp;&nbsp;&nbsp;&nbsp;513513 |
| Urban Outfitters, Inc. (A) | &nbsp;&nbsp;8180 | &nbsp;&nbsp;&nbsp;&nbsp;584297 |
| Victoria's Secret & Company (A) | 19184 | &nbsp;&nbsp;&nbsp;&nbsp;520654 |
|  |  | &nbsp;&nbsp;&nbsp;3527460 |
| **Textiles, apparel and luxury goods – 1.3%** | **Textiles, apparel and luxury goods – 1.3%** |  |
| Figs, Inc., Class A (A) | 68270 | &nbsp;&nbsp;&nbsp;&nbsp;456726 |
| Kontoor Brands, Inc. | &nbsp;&nbsp;6176 | &nbsp;&nbsp;&nbsp;&nbsp;492660 |
| Steven Madden, Ltd. | 20170 | &nbsp;&nbsp;&nbsp;&nbsp;675292 |
|  |  | &nbsp;&nbsp;&nbsp;1624678 |
|  |  | 13899149 |
| **Consumer staples – 1.7%** |  |  |
| **Consumer staples distribution and retail – 0.4%** | **Consumer staples distribution and retail – 0.4%** |  |
| Grocery Outlet Holding Corp. (A) | 33366 | &nbsp;&nbsp;&nbsp;&nbsp;535524 |
| **Food products – 0.7%** | **Food products – 0.7%** |  |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;7810 | &nbsp;&nbsp;&nbsp;&nbsp;839419 |
| **Household products – 0.4%** | **Household products – 0.4%** |  |
| Reynolds Consumer Products, Inc. | 20477 | &nbsp;&nbsp;&nbsp;&nbsp;501072 |
| **Tobacco – 0.2%** | **Tobacco – 0.2%** |  |
| Turning Point Brands, Inc. | &nbsp;&nbsp;3239 | &nbsp;&nbsp;&nbsp;&nbsp;320208 |
|  |  | &nbsp;&nbsp;&nbsp;2196223 |
| **Energy – 6.7%** |  |  |
| **Energy equipment and services – 2.6%** | **Energy equipment and services – 2.6%** |  |
| Cactus, Inc., Class A | 12820 | &nbsp;&nbsp;&nbsp;&nbsp;506005 |
| Enerflex, Ltd. | 65896 | &nbsp;&nbsp;&nbsp;&nbsp;710359 |
| Expro Group Holdings NV (A) | 45497 | &nbsp;&nbsp;&nbsp;&nbsp;540504 |
| Noble Corp. PLC | 18722 | &nbsp;&nbsp;&nbsp;&nbsp;529458 |
| TechnipFMC PLC | 27993 | &nbsp;&nbsp;&nbsp;1104324 |
|  |  | &nbsp;&nbsp;&nbsp;3390650 |
| **Oil, gas and consumable fuels – 4.1%** | **Oil, gas and consumable fuels – 4.1%** |  |
| Magnolia Oil & Gas Corp., Class A | 30838 | &nbsp;&nbsp;&nbsp;&nbsp;736103 |
| Matador Resources Company | 25067 | &nbsp;&nbsp;&nbsp;1126260 |
| PBF Energy, Inc., Class A | 26653 | &nbsp;&nbsp;&nbsp;&nbsp;804121 |
| Permian Resources Corp. | 63960 | &nbsp;&nbsp;&nbsp;&nbsp;818688 |
| Range Resources Corp. | 28269 | &nbsp;&nbsp;&nbsp;1064045 |
| Scorpio Tankers, Inc. | 11762 | &nbsp;&nbsp;&nbsp;&nbsp;659260 |
|  |  | &nbsp;&nbsp;&nbsp;5208477 |
|  |  | &nbsp;&nbsp;&nbsp;8599127 |
| **Financials – 27.7%** |  |  |
| **Banks – 18.5%** | **Banks – 18.5%** |  |
| Avidia Bancorp, Inc. (A)(B) | 30281 | &nbsp;&nbsp;&nbsp;&nbsp;452398 |
| Banc of California, Inc. | 65177 | &nbsp;&nbsp;&nbsp;1078679 |
| BankUnited, Inc. | 18861 | &nbsp;&nbsp;&nbsp;&nbsp;719736 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Company Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Cathay General Bancorp | &nbsp;&nbsp;14931 | $&nbsp;&nbsp;&nbsp;&nbsp;716837 |
| Coastal Financial Corp. (A) | &nbsp;&nbsp;10715 | &nbsp;&nbsp;&nbsp;1159042 |
| Columbia Banking System, Inc. | &nbsp;&nbsp;81063 | &nbsp;&nbsp;&nbsp;2086562 |
| Eastern Bankshares, Inc. | &nbsp;&nbsp;67123 | &nbsp;&nbsp;&nbsp;1218282 |
| FB Financial Corp. | &nbsp;&nbsp;26049 | &nbsp;&nbsp;&nbsp;1451971 |
| Flagstar Financial, Inc. | &nbsp;&nbsp;94426 | &nbsp;&nbsp;&nbsp;1090620 |
| Home BancShares, Inc. | &nbsp;&nbsp;41421 | &nbsp;&nbsp;&nbsp;1172214 |
| Live Oak Bancshares, Inc. | &nbsp;&nbsp;30270 | &nbsp;&nbsp;&nbsp;1066109 |
| National Bank Holdings Corp., Class A | &nbsp;&nbsp;12438 | &nbsp;&nbsp;&nbsp;&nbsp;480604 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;23394 | &nbsp;&nbsp;&nbsp;2194124 |
| Popular, Inc. | &nbsp;&nbsp;&nbsp;8232 | &nbsp;&nbsp;&nbsp;1045546 |
| Preferred Bank | &nbsp;&nbsp;&nbsp;8496 | &nbsp;&nbsp;&nbsp;&nbsp;767953 |
| Southern First Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;7336 | &nbsp;&nbsp;&nbsp;&nbsp;323664 |
| SouthState Bank Corp. | &nbsp;&nbsp;13563 | &nbsp;&nbsp;&nbsp;1340974 |
| Synovus Financial Corp. | &nbsp;&nbsp;13578 | &nbsp;&nbsp;&nbsp;&nbsp;666408 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;1259497 |
| Towne Bank | &nbsp;&nbsp;31720 | &nbsp;&nbsp;&nbsp;1096560 |
| Western Alliance Bancorp | &nbsp;&nbsp;17623 | &nbsp;&nbsp;&nbsp;1528267 |
| WSFS Financial Corp. | &nbsp;&nbsp;12406 | &nbsp;&nbsp;&nbsp;&nbsp;669056 |
|  |  | 23585103 |
| **Capital markets – 1.9%** | **Capital markets – 1.9%** |  |
| Bullish (A)(B) | &nbsp;&nbsp;&nbsp;1390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88418 |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;7920 | &nbsp;&nbsp;&nbsp;1626134 |
| Miami International Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95175 |
| StepStone Group, Inc., Class A | &nbsp;&nbsp;&nbsp;9527 | &nbsp;&nbsp;&nbsp;&nbsp;622208 |
|  |  | &nbsp;&nbsp;&nbsp;2431935 |
| **Consumer finance – 0.4%** | **Consumer finance – 0.4%** |  |
| PRA Group, Inc. (A) | &nbsp;&nbsp;34092 | &nbsp;&nbsp;&nbsp;&nbsp;526380 |
| **Financial services – 3.8%** | **Financial services – 3.8%** |  |
| HA Sustainable Infrastructure Capital, Inc. | &nbsp;&nbsp;40311 | &nbsp;&nbsp;&nbsp;1237548 |
| Marqeta, Inc., Class A (A) | 101777 | &nbsp;&nbsp;&nbsp;&nbsp;537383 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp;15668 | &nbsp;&nbsp;&nbsp;1940952 |
| Sezzle, Inc. (A) | &nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp;310167 |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;&nbsp;9664 | &nbsp;&nbsp;&nbsp;&nbsp;808104 |
|  |  | &nbsp;&nbsp;&nbsp;4834154 |
| **Insurance – 2.7%** | **Insurance – 2.7%** |  |
| Accelerant Holdings (A) | &nbsp;&nbsp;&nbsp;7936 | &nbsp;&nbsp;&nbsp;&nbsp;118167 |
| Goosehead Insurance, Inc., Class A | &nbsp;&nbsp;&nbsp;4587 | &nbsp;&nbsp;&nbsp;&nbsp;341365 |
| Neptune Insurance Holdings Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8051 | &nbsp;&nbsp;&nbsp;&nbsp;161020 |
| Oscar Health, Inc., Class A (A) | &nbsp;&nbsp;32877 | &nbsp;&nbsp;&nbsp;&nbsp;622362 |
| Primerica, Inc. | &nbsp;&nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp;471625 |
| RLI Corp. | &nbsp;&nbsp;&nbsp;6064 | &nbsp;&nbsp;&nbsp;&nbsp;395494 |
| Root, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2738 | &nbsp;&nbsp;&nbsp;&nbsp;245078 |
| Ryan Specialty Holdings, Inc. | &nbsp;&nbsp;14080 | &nbsp;&nbsp;&nbsp;&nbsp;793549 |
| The Baldwin Insurance Group, Inc. (A) | &nbsp;&nbsp;10959 | &nbsp;&nbsp;&nbsp;&nbsp;309153 |
|  |  | &nbsp;&nbsp;&nbsp;3457813 |
| **Mortgage real estate investment trusts – 0.4%** | **Mortgage real estate investment trusts – 0.4%** |  |
| PennyMac Mortgage Investment Trust | &nbsp;&nbsp;43471 | &nbsp;&nbsp;&nbsp;&nbsp;532954 |
|  |  | 35368339 |
| **Health care – 9.4%** |  |  |
| **Biotechnology – 4.0%** | **Biotechnology – 4.0%** |  |
| Apellis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;4912 | &nbsp;&nbsp;&nbsp;&nbsp;111159 |
| Arcellx, Inc. (A) | &nbsp;&nbsp;&nbsp;5437 | &nbsp;&nbsp;&nbsp;&nbsp;446378 |
| Ascendis Pharma A/S, ADR (A) | &nbsp;&nbsp;&nbsp;1937 | &nbsp;&nbsp;&nbsp;&nbsp;385095 |
| Black Diamond Therapeutics, Inc. (A) | &nbsp;&nbsp;45300 | &nbsp;&nbsp;&nbsp;&nbsp;171687 |
| CRISPR Therapeutics AG (A)(B) | &nbsp;&nbsp;&nbsp;7334 | &nbsp;&nbsp;&nbsp;&nbsp;475317 |
| Cytokinetics, Inc. (A) | &nbsp;&nbsp;26778 | &nbsp;&nbsp;&nbsp;1471719 |
| Immatics NV (A)(B) | &nbsp;&nbsp;61776 | &nbsp;&nbsp;&nbsp;&nbsp;526332 |
| Immunocore Holdings PLC, ADR (A)(B) | &nbsp;&nbsp;15356 | &nbsp;&nbsp;&nbsp;&nbsp;557883 |
| Immunovant, Inc. (A) | &nbsp;&nbsp;10649 | &nbsp;&nbsp;&nbsp;&nbsp;171662 |
| Sarepta Therapeutics, Inc. (A) | &nbsp;&nbsp;17407 | &nbsp;&nbsp;&nbsp;&nbsp;335433 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Vaxcyte, Inc. (A) | 11182 | $&nbsp;&nbsp;&nbsp;&nbsp;402776 |
|  |  | &nbsp;&nbsp;&nbsp;5055441 |
| **Health care equipment and supplies – 0.8%** | **Health care equipment and supplies – 0.8%** |  |
| Avanos Medical, Inc. (A) | 38499 | &nbsp;&nbsp;&nbsp;&nbsp;445048 |
| QuidelOrtho Corp. (A) | 21507 | &nbsp;&nbsp;&nbsp;&nbsp;633381 |
|  |  | &nbsp;&nbsp;&nbsp;1078429 |
| **Health care providers and services – 2.3%** | **Health care providers and services – 2.3%** |  |
| Alignment Healthcare, Inc. (A) | 35543 | &nbsp;&nbsp;&nbsp;&nbsp;620225 |
| BrightSpring Health Services, Inc. (A) | 23507 | &nbsp;&nbsp;&nbsp;&nbsp;694867 |
| Concentra Group Holdings Parent, Inc. | 35327 | &nbsp;&nbsp;&nbsp;&nbsp;739394 |
| The Ensign Group, Inc. | &nbsp;&nbsp;4821 | &nbsp;&nbsp;&nbsp;&nbsp;832924 |
|  |  | &nbsp;&nbsp;&nbsp;2887410 |
| **Health care technology – 0.5%** | **Health care technology – 0.5%** |  |
| Doximity, Inc., Class A (A) | &nbsp;&nbsp;8287 | &nbsp;&nbsp;&nbsp;&nbsp;606194 |
| **Life sciences tools and services – 0.6%** | **Life sciences tools and services – 0.6%** |  |
| 10X Genomics, Inc., Class A (A) | 13539 | &nbsp;&nbsp;&nbsp;&nbsp;158271 |
| Sotera Health Company (A) | 39758 | &nbsp;&nbsp;&nbsp;&nbsp;625393 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;783664 |
| **Pharmaceuticals – 1.2%** | **Pharmaceuticals – 1.2%** |  |
| Crinetics Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;5819 | &nbsp;&nbsp;&nbsp;&nbsp;242361 |
| Elanco Animal Health, Inc. (A) | 48118 | &nbsp;&nbsp;&nbsp;&nbsp;969097 |
| Perrigo Company PLC | 13659 | &nbsp;&nbsp;&nbsp;&nbsp;304186 |
|  |  | &nbsp;&nbsp;&nbsp;1515644 |
|  |  | 11926782 |
| **Industrials – 13.5%** |  |  |
| **Aerospace and defense – 1.5%** | **Aerospace and defense – 1.5%** |  |
| Firefly Aerospace, Inc. (A)(B) | &nbsp;&nbsp;1740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51017 |
| Leonardo DRS, Inc. | &nbsp;&nbsp;8155 | &nbsp;&nbsp;&nbsp;&nbsp;370237 |
| Mercury Systems, Inc. (A) | &nbsp;&nbsp;9686 | &nbsp;&nbsp;&nbsp;&nbsp;749696 |
| VSE Corp. | &nbsp;&nbsp;4129 | &nbsp;&nbsp;&nbsp;&nbsp;686405 |
|  |  | &nbsp;&nbsp;&nbsp;1857355 |
| **Building products – 1.0%** | **Building products – 1.0%** |  |
| UFP Industries, Inc. | &nbsp;&nbsp;6857 | &nbsp;&nbsp;&nbsp;&nbsp;641061 |
| Zurn Elkay Water Solutions Corp. | 14879 | &nbsp;&nbsp;&nbsp;&nbsp;699759 |
|  |  | &nbsp;&nbsp;&nbsp;1340820 |
| **Commercial services and supplies – 1.2%** | **Commercial services and supplies – 1.2%** |  |
| Casella Waste Systems, Inc., Class A (A) | &nbsp;&nbsp;6919 | &nbsp;&nbsp;&nbsp;&nbsp;656475 |
| MSA Safety, Inc. | &nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;436197 |
| Pitney Bowes, Inc. | 14376 | &nbsp;&nbsp;&nbsp;&nbsp;164030 |
| UniFirst Corp. | &nbsp;&nbsp;1556 | &nbsp;&nbsp;&nbsp;&nbsp;260148 |
|  |  | &nbsp;&nbsp;&nbsp;1516850 |
| **Construction and engineering – 1.4%** | **Construction and engineering – 1.4%** |  |
| Arcosa, Inc. | &nbsp;&nbsp;8946 | &nbsp;&nbsp;&nbsp;&nbsp;838330 |
| Valmont Industries, Inc. | &nbsp;&nbsp;1711 | &nbsp;&nbsp;&nbsp;&nbsp;663406 |
| WillScot Holdings Corp. | 13378 | &nbsp;&nbsp;&nbsp;&nbsp;282410 |
|  |  | &nbsp;&nbsp;&nbsp;1784146 |
| **Electrical equipment – 1.1%** | **Electrical equipment – 1.1%** |  |
| NEXTracker, Inc., Class A (A) | 13491 | &nbsp;&nbsp;&nbsp;&nbsp;998199 |
| Sunrun, Inc. (A) | 22027 | &nbsp;&nbsp;&nbsp;&nbsp;380847 |
|  |  | &nbsp;&nbsp;&nbsp;1379046 |
| **Ground transportation – 0.6%** | **Ground transportation – 0.6%** |  |
| Landstar System, Inc. | &nbsp;&nbsp;2683 | &nbsp;&nbsp;&nbsp;&nbsp;328828 |
| Saia, Inc. (A) | &nbsp;&nbsp;1252 | &nbsp;&nbsp;&nbsp;&nbsp;374799 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;703627 |
| **Machinery – 3.6%** | **Machinery – 3.6%** |  |
| Aebi Schmidt Holding AG | 31721 | &nbsp;&nbsp;&nbsp;&nbsp;395561 |
| Alamo Group, Inc. | &nbsp;&nbsp;1662 | &nbsp;&nbsp;&nbsp;&nbsp;317276 |
| Crane Company | &nbsp;&nbsp;3192 | &nbsp;&nbsp;&nbsp;&nbsp;587775 |
| Enpro, Inc. | &nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp;567260 |
| Esab Corp. | &nbsp;&nbsp;4318 | &nbsp;&nbsp;&nbsp;&nbsp;482493 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Company Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| ESCO Technologies, Inc. | &nbsp;&nbsp;2623 | $&nbsp;&nbsp;&nbsp;&nbsp;553742 |
| Hillenbrand, Inc. | &nbsp;&nbsp;4850 | &nbsp;&nbsp;&nbsp;&nbsp;131144 |
| JBT Marel Corp. | &nbsp;&nbsp;4145 | &nbsp;&nbsp;&nbsp;&nbsp;582165 |
| RBC Bearings, Inc. (A) | &nbsp;&nbsp;2523 | &nbsp;&nbsp;&nbsp;&nbsp;984702 |
|  |  | &nbsp;&nbsp;&nbsp;4602118 |
| **Marine transportation – 0.4%** | **Marine transportation – 0.4%** |  |
| Matson, Inc. | &nbsp;&nbsp;4659 | &nbsp;&nbsp;&nbsp;&nbsp;459331 |
| **Passenger airlines – 0.5%** | **Passenger airlines – 0.5%** |  |
| Allegiant Travel Company (A) | 11524 | &nbsp;&nbsp;&nbsp;&nbsp;700313 |
| **Professional services – 1.0%** | **Professional services – 1.0%** |  |
| FTI Consulting, Inc. (A) | &nbsp;&nbsp;2490 | &nbsp;&nbsp;&nbsp;&nbsp;402509 |
| UL Solutions, Inc., Class A | 11561 | &nbsp;&nbsp;&nbsp;&nbsp;819212 |
|  |  | &nbsp;&nbsp;&nbsp;1221721 |
| **Trading companies and distributors – 1.2%** | **Trading companies and distributors – 1.2%** |  |
| Air Lease Corp. | &nbsp;&nbsp;5378 | &nbsp;&nbsp;&nbsp;&nbsp;342310 |
| Rush Enterprises, Inc., Class A | 12972 | &nbsp;&nbsp;&nbsp;&nbsp;693613 |
| SiteOne Landscape Supply, Inc. (A) | &nbsp;&nbsp;4352 | &nbsp;&nbsp;&nbsp;&nbsp;560538 |
|  |  | &nbsp;&nbsp;&nbsp;1596461 |
|  |  | 17161788 |
| **Information technology – 7.8%** |  |  |
| **Communications equipment – 0.8%** | **Communications equipment – 0.8%** |  |
| Viavi Solutions, Inc. (A) | 82396 | &nbsp;&nbsp;&nbsp;1045605 |
| **Electronic equipment, instruments and components – 2.5%** | **Electronic equipment, instruments and components – 2.5%** |  |
| Littelfuse, Inc. | &nbsp;&nbsp;3197 | &nbsp;&nbsp;&nbsp;&nbsp;828055 |
| Mirion Technologies, Inc. (A) | 54834 | &nbsp;&nbsp;&nbsp;1275439 |
| PAR Technology Corp. (A) | 10378 | &nbsp;&nbsp;&nbsp;&nbsp;410761 |
| Sanmina Corp. (A) | &nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp;213644 |
| TTM Technologies, Inc. (A) | &nbsp;&nbsp;6951 | &nbsp;&nbsp;&nbsp;&nbsp;400378 |
|  |  | &nbsp;&nbsp;&nbsp;3128277 |
| **IT services – 0.2%** | **IT services – 0.2%** |  |
| Applied Digital Corp. (A) | 11970 | &nbsp;&nbsp;&nbsp;&nbsp;274592 |
| **Semiconductors and semiconductor equipment – 1.8%** | **Semiconductors and semiconductor equipment – 1.8%** |  |
| Entegris, Inc. | &nbsp;&nbsp;4686 | &nbsp;&nbsp;&nbsp;&nbsp;433268 |
| Lattice Semiconductor Corp. (A) | 10280 | &nbsp;&nbsp;&nbsp;&nbsp;753730 |
| MACOM Technology Solutions Holdings, Inc. (A) | &nbsp;&nbsp;6412 | &nbsp;&nbsp;&nbsp;&nbsp;798230 |
| Semtech Corp. (A) | &nbsp;&nbsp;3868 | &nbsp;&nbsp;&nbsp;&nbsp;276369 |
|  |  | &nbsp;&nbsp;&nbsp;2261597 |
| **Software – 2.5%** | **Software – 2.5%** |  |
| Alarm.com Holdings, Inc. (A) | &nbsp;&nbsp;5051 | &nbsp;&nbsp;&nbsp;&nbsp;268107 |
| Hut 8 Corp. (A) | 17231 | &nbsp;&nbsp;&nbsp;&nbsp;599811 |
| i3 Verticals, Inc., Class A (A) | 12719 | &nbsp;&nbsp;&nbsp;&nbsp;412859 |
| Intapp, Inc. (A) | &nbsp;&nbsp;5842 | &nbsp;&nbsp;&nbsp;&nbsp;238938 |
| JFrog, Ltd. (A) | 11562 | &nbsp;&nbsp;&nbsp;&nbsp;547229 |
| NCino, Inc. (A) | 23665 | &nbsp;&nbsp;&nbsp;&nbsp;641558 |
| Workiva, Inc. (A) | &nbsp;&nbsp;5838 | &nbsp;&nbsp;&nbsp;&nbsp;502535 |
|  |  | &nbsp;&nbsp;&nbsp;3211037 |
|  |  | &nbsp;&nbsp;&nbsp;9921108 |
| **Materials – 4.5%** |  |  |
| **Chemicals – 1.7%** | **Chemicals – 1.7%** |  |
| Cabot Corp. | &nbsp;&nbsp;5561 | &nbsp;&nbsp;&nbsp;&nbsp;422914 |
| Element Solutions, Inc. | 34291 | &nbsp;&nbsp;&nbsp;&nbsp;863104 |
| HB Fuller Company | &nbsp;&nbsp;6626 | &nbsp;&nbsp;&nbsp;&nbsp;392789 |
| Quaker Chemical Corp. | &nbsp;&nbsp;3160 | &nbsp;&nbsp;&nbsp;&nbsp;416330 |
|  |  | &nbsp;&nbsp;&nbsp;2095137 |
| **Metals and mining – 2.6%** | **Metals and mining – 2.6%** |  |
| Commercial Metals Company | &nbsp;&nbsp;4135 | &nbsp;&nbsp;&nbsp;&nbsp;236853 |
| Constellium SE (A) | 39641 | &nbsp;&nbsp;&nbsp;&nbsp;589858 |
| IAMGOLD Corp. (New York Stock Exchange) (A) | 33271 | &nbsp;&nbsp;&nbsp;&nbsp;430194 |
| OR Royalties, Inc. (B) | 11694 | &nbsp;&nbsp;&nbsp;&nbsp;468696 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Metals and mining (continued)** | **Metals and mining (continued)** |  |
| Reliance, Inc. | &nbsp;&nbsp;&nbsp;3331 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935445 |
| Warrior Met Coal, Inc. | &nbsp;&nbsp;10588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673820 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3334866 |
| **Paper and forest products – 0.2%** | **Paper and forest products – 0.2%** |  |
| West Fraser Timber Company, Ltd. (B) | &nbsp;&nbsp;&nbsp;3620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246088 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5676091 |
| **Real estate – 9.0%** |  |  |
| **Health care REITs – 0.8%** | **Health care REITs – 0.8%** |  |
| CareTrust REIT, Inc. | &nbsp;&nbsp;28972 | &nbsp;&nbsp;&nbsp;&nbsp;1004749 |
| **Hotel and resort REITs – 1.0%** | **Hotel and resort REITs – 1.0%** |  |
| Pebblebrook Hotel Trust | &nbsp;&nbsp;59336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675837 |
| Ryman Hospitality Properties, Inc. | &nbsp;&nbsp;&nbsp;6062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543095 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1218932 |
| **Industrial REITs – 1.1%** | **Industrial REITs – 1.1%** |  |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;3333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564144 |
| Terreno Realty Corp. | &nbsp;&nbsp;15575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883881 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1448025 |
| **Office REITs – 1.6%** | **Office REITs – 1.6%** |  |
| Highwoods Properties, Inc. | &nbsp;&nbsp;26460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841957 |
| Hudson Pacific Properties, Inc. (A) | &nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251160 |
| Kilroy Realty Corp. | &nbsp;&nbsp;23951 | &nbsp;&nbsp;&nbsp;&nbsp;1011930 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2105047 |
| **Real estate management and development – 0.5%** | **Real estate management and development – 0.5%** |  |
| FirstService Corp. | &nbsp;&nbsp;&nbsp;3485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663858 |
| **Residential REITs – 0.9%** | **Residential REITs – 0.9%** |  |
| Independence Realty Trust, Inc. | &nbsp;&nbsp;69284 | &nbsp;&nbsp;&nbsp;&nbsp;1135565 |
| **Retail REITs – 2.1%** | **Retail REITs – 2.1%** |  |
| Curbline Properties Corp. | &nbsp;&nbsp;57095 | &nbsp;&nbsp;&nbsp;&nbsp;1273219 |
| NETSTREIT Corp. | &nbsp;&nbsp;36555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660183 |
| The Macerich Company | &nbsp;&nbsp;41041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746946 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2680348 |
| **Specialized REITs – 1.0%** | **Specialized REITs – 1.0%** |  |
| CubeSmart | &nbsp;&nbsp;17742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721390 |
| Safehold, Inc. | &nbsp;&nbsp;32060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496609 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1217999 |
|  |  | &nbsp;&nbsp;&nbsp;11474523 |
| **Utilities – 5.9%** |  |  |
| **Electric utilities – 2.2%** | **Electric utilities – 2.2%** |  |
| Hawaiian Electric Industries, Inc. (A) | &nbsp;&nbsp;51368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567103 |
| IDACORP, Inc. | &nbsp;&nbsp;&nbsp;7427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981478 |
| OGE Energy Corp. | &nbsp;&nbsp;17154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793716 |
| Oklo, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;4706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525331 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2867628 |
| **Gas utilities – 2.8%** | **Gas utilities – 2.8%** |  |
| Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;8664 | &nbsp;&nbsp;&nbsp;&nbsp;1166954 |
| MDU Resources Group, Inc. | &nbsp;&nbsp;29789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530542 |
| ONE Gas, Inc. | &nbsp;&nbsp;14528 | &nbsp;&nbsp;&nbsp;&nbsp;1175896 |
| Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;9219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722216 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3595608 |
| **Water utilities – 0.9%** | **Water utilities – 0.9%** |  |
| California Water Service Group | &nbsp;&nbsp;24310 | &nbsp;&nbsp;&nbsp;&nbsp;1115586 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7578822 |
| TOTAL COMMON STOCKS (Cost $102,497,547) | TOTAL COMMON STOCKS (Cost $102,497,547) | $126373887 |
| **SHORT-TERM INVESTMENTS – 3.2%** | **SHORT-TERM INVESTMENTS – 3.2%** |  |
| **Short-term funds – 3.2%** |  |  |
| John Hancock Collateral Trust, 4.0668% (C)(D) | 339834 | &nbsp;&nbsp;&nbsp;&nbsp;3399492 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Small Company Value Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** |  |
| **Short-term funds (continued)** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (C) | 520533 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520533 |
| T. Rowe Price Government Reserve Fund, 4.1621% (C) | 223890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223890 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $4,143,974) | TOTAL SHORT-TERM INVESTMENTS (Cost $4,143,974) | $&nbsp;&nbsp;&nbsp;&nbsp;4143915 |
| **Total Investments (Small Company Value Trust)<br> (Cost $106,641,521) – 102.3%** | **Total Investments (Small Company Value Trust)<br> (Cost $106,641,521) – 102.3%** | $**130517802** |
| **Other assets and liabilities, net – (2.3%)** | **Other assets and liabilities, net – (2.3%)** | &nbsp;&nbsp;&nbsp;**(2935230)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**127582572** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| (A) | Non-income producing security. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $3,305,625. |
| (C) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |

---

#### Strategic Equity Allocation Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 95.8%** | **COMMON STOCKS – 95.8%** |  |
| **Communication services – 7.1%** |  |  |
| **Diversified telecommunication services – 1.0%** | **Diversified telecommunication services – 1.0%** |  |
| Anterix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1195 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25657 |
| AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13247271 |
| ATN International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20075 |
| Bandwidth, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54444 |
| BT Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1759859 |
| Cellnex Telecom SA (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1959405 |
| Cogent Communications Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211424 |
| Deutsche Telekom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13602846 |
| Elisa OYJ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854037 |
| Frontier Communications Parent, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465801 |
| Globalstar, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221288 |
| HKT Trust & HKT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640981 |
| IDT Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101743 |
| Infrastrutture Wireless Italiane SpA (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375776 |
| Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290482 |
| Koninklijke KPN NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2135056 |
| Liberty Latin America, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27224 |
| Liberty Latin America, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131276 |
| Lumen Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695006 |
| NTT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3418054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3572962 |
| Orange SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3454923 |
| Shenandoah Telecommunications Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84291 |
| Singapore Telecommunications, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2717692 |
| Swisscom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2153656 |
| Telecom Italia SpA (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689033 |
| Telefonica SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2169551 |
| Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168712 |
| Telia Company AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029553 |
| Telstra Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1453184 |
| Uniti Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106727 |

---

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Diversified telecommunication services (continued)** | **Diversified telecommunication services (continued)** |  |
| Verizon Communications, Inc. | 276368 | $&nbsp;&nbsp;&nbsp;12146374 |
|  |  | &nbsp;&nbsp;&nbsp;68566309 |
| **Entertainment – 1.3%** | **Entertainment – 1.3%** |  |
| AMC Entertainment Holdings, Inc., Class A (A)(C) | &nbsp;&nbsp;52998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153694 |
| Atlanta Braves Holdings, Inc., Series A (A)(C) | &nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59429 |
| Atlanta Braves Holdings, Inc., Series C (A) | &nbsp;&nbsp;&nbsp;5152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214272 |
| Bollore SE | &nbsp;&nbsp;80404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455982 |
| Capcom Company, Ltd. | &nbsp;&nbsp;39630 | &nbsp;&nbsp;&nbsp;&nbsp;1075994 |
| Cinemark Holdings, Inc. | &nbsp;&nbsp;12272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343861 |
| CTS Eventim AG & Company KGaA | &nbsp;&nbsp;&nbsp;7138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700770 |
| CuriosityStream, Inc. | &nbsp;&nbsp;&nbsp;3673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19467 |
| Electronic Arts, Inc. | &nbsp;&nbsp;14766 | &nbsp;&nbsp;&nbsp;&nbsp;2978302 |
| Eventbrite, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;9908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24968 |
| IMAX Corp. (A) | &nbsp;&nbsp;&nbsp;5208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170562 |
| Konami Group Corp. | &nbsp;&nbsp;11490 | &nbsp;&nbsp;&nbsp;&nbsp;1657570 |
| Lionsgate Studios Corp. (A) | &nbsp;&nbsp;25036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172748 |
| Live Nation Entertainment, Inc. (A) | &nbsp;&nbsp;10060 | &nbsp;&nbsp;&nbsp;&nbsp;1643804 |
| Madison Square Garden Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;4806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217423 |
| Netflix, Inc. (A) | &nbsp;&nbsp;27879 | &nbsp;&nbsp;&nbsp;33424691 |
| Nexon Company, Ltd. | &nbsp;&nbsp;37674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826778 |
| Nintendo Company, Ltd. | 126269 | &nbsp;&nbsp;&nbsp;10924697 |
| Playtika Holding Corp. | &nbsp;&nbsp;&nbsp;7420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28864 |
| Reservoir Media, Inc. (A) | &nbsp;&nbsp;&nbsp;2998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24404 |
| Sphere Entertainment Company (A) | &nbsp;&nbsp;&nbsp;3367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209158 |
| Spotify Technology SA (A) | &nbsp;&nbsp;17488 | &nbsp;&nbsp;&nbsp;12206624 |
| Starz Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;1684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24805 |
| Take-Two Interactive Software, Inc. (A) | &nbsp;&nbsp;11517 | &nbsp;&nbsp;&nbsp;&nbsp;2975532 |
| The Marcus Corp. | &nbsp;&nbsp;&nbsp;2931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45460 |
| The Walt Disney Company | 117932 | &nbsp;&nbsp;&nbsp;13503214 |
| TKO Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;4557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920332 |
| Toho Company, Ltd. | &nbsp;&nbsp;12079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776473 |
| Universal Music Group NV | 125878 | &nbsp;&nbsp;&nbsp;&nbsp;3637554 |
| Warner Brothers Discovery, Inc. (A) | 162453 | &nbsp;&nbsp;&nbsp;&nbsp;3172707 |
| Warner Music Group Corp., Class A | &nbsp;&nbsp;22873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779054 |
|  |  | &nbsp;&nbsp;&nbsp;93369193 |
| **Interactive media and services – 3.9%** | **Interactive media and services – 3.9%** |  |
| Alphabet, Inc., Class A | 381591 | &nbsp;&nbsp;&nbsp;92764772 |
| Alphabet, Inc., Class C | 306321 | &nbsp;&nbsp;&nbsp;74604480 |
| Angi, Inc. (A) | &nbsp;&nbsp;&nbsp;4720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76747 |
| Auto Trader Group PLC (B) | &nbsp;&nbsp;99792 | &nbsp;&nbsp;&nbsp;&nbsp;1060118 |
| Bumble, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;9007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54853 |
| CarGurus, Inc. (A) | &nbsp;&nbsp;&nbsp;9943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370178 |
| Cars.com, Inc. (A) | &nbsp;&nbsp;&nbsp;7121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87019 |
| carsales.com, Ltd. | &nbsp;&nbsp;43225 | &nbsp;&nbsp;&nbsp;&nbsp;1051265 |
| EverQuote, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75860 |
| FuboTV, Inc. (A)(C) | &nbsp;&nbsp;40467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167938 |
| Getty Images Holdings, Inc. (A)(C) | &nbsp;&nbsp;14642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28991 |
| Grindr, Inc. (A) | &nbsp;&nbsp;&nbsp;4133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62078 |
| LY Corp. | 317675 | &nbsp;&nbsp;&nbsp;&nbsp;1019740 |
| Match Group, Inc. (A) | &nbsp;&nbsp;16670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588784 |
| MediaAlpha, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47022 |
| Meta Platforms, Inc., Class A | 142282 | 104489055 |
| Nextdoor Holdings, Inc. (A) | &nbsp;&nbsp;27248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56948 |
| QuinStreet, Inc. (A) | &nbsp;&nbsp;&nbsp;6642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102752 |
| REA Group, Ltd. | &nbsp;&nbsp;&nbsp;6045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924390 |
| Rumble, Inc. (A)(C) | &nbsp;&nbsp;12672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91745 |
| Scout24 SE (B) | &nbsp;&nbsp;&nbsp;8578 | &nbsp;&nbsp;&nbsp;&nbsp;1076174 |
| Shutterstock, Inc. | &nbsp;&nbsp;&nbsp;3003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62613 |
| TripAdvisor, Inc. (A) | &nbsp;&nbsp;14039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228274 |
| TrueCar, Inc. (A) | &nbsp;&nbsp;10950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20148 |
| Vimeo, Inc. (A) | &nbsp;&nbsp;17464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135346 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Interactive media and services (continued)** | **Interactive media and services (continued)** |  |
| Webtoon Entertainment, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;2223 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43148 |
| Yelp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232222 |
| Ziff Davis, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179108 |
| ZipRecruiter, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;8356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35262 |
| ZoomInfo Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;43962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479625 |
|  |  | 280216655 |
| **Media – 0.4%** | **Media – 0.4%** |  |
| Advantage Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;11760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17993 |
| Altice USA, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;32352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77968 |
| AMC Networks, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;3805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31353 |
| Boston Omaha Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40221 |
| Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112604 |
| Charter Communications, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;6075 | &nbsp;&nbsp;&nbsp;&nbsp;1671263 |
| Comcast Corp., Class A | &nbsp;&nbsp;241658 | &nbsp;&nbsp;&nbsp;&nbsp;7592894 |
| EchoStar Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;37294 | &nbsp;&nbsp;&nbsp;&nbsp;2847770 |
| Entravision Communications Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;8121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18922 |
| Fox Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;12681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799664 |
| Fox Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;8966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513662 |
| Gambling.com Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18577 |
| Gannett Company, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;17202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71044 |
| Gray Media, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61690 |
| Ibotta, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;1630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45396 |
| iHeartMedia, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;15053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43202 |
| Informa PLC | &nbsp;&nbsp;149278 | &nbsp;&nbsp;&nbsp;&nbsp;1849000 |
| Integral Ad Science Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96137 |
| John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201176 |
| Magnite, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368147 |
| National CineMedia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35891 |
| News Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;25645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787558 |
| News Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;7574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261682 |
| Newsmax, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;1316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16318 |
| Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883502 |
| Nexxen International, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43105 |
| Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13263 | &nbsp;&nbsp;&nbsp;&nbsp;1081332 |
| Paramount Skydance Corp., Class B (C) | &nbsp;&nbsp;&nbsp;&nbsp;20391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385798 |
| Publicis Groupe SA | &nbsp;&nbsp;&nbsp;&nbsp;26181 | &nbsp;&nbsp;&nbsp;&nbsp;2519485 |
| PubMatic, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;5251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43478 |
| Scholastic Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72803 |
| Sinclair, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72389 |
| Stagwell, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81466 |
| TechTarget, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20370 |
| TEGNA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373787 |
| The EW Scripps Company, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;7455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18339 |
| The Interpublic Group of Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701490 |
| The New York Times Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;25405 | &nbsp;&nbsp;&nbsp;&nbsp;1458247 |
| The Trade Desk, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;28022 | &nbsp;&nbsp;&nbsp;&nbsp;1373358 |
| Thryv Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55705 |
| WideOpenWest, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35150 |
| WPP PLC | &nbsp;&nbsp;123398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615103 |
|  |  | &nbsp;&nbsp;&nbsp;27415039 |
| **Wireless telecommunication services – 0.5%** | **Wireless telecommunication services – 0.5%** |  |
| Gogo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82146 |
| KDDI Corp. | &nbsp;&nbsp;359273 | &nbsp;&nbsp;&nbsp;&nbsp;5729875 |
| SoftBank Corp. | 3280832 | &nbsp;&nbsp;&nbsp;&nbsp;4825444 |
| SoftBank Group Corp. | &nbsp;&nbsp;109296 | &nbsp;&nbsp;&nbsp;13791025 |
| Spok Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44574 |
| Tele2 AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;62620 | &nbsp;&nbsp;&nbsp;&nbsp;1068209 |
| Telephone & Data Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464484 |
| T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31765 | &nbsp;&nbsp;&nbsp;&nbsp;7603906 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Wireless telecommunication services (continued)** | **Wireless telecommunication services (continued)** |  |
| Vodafone Group PLC | 2227387 | $&nbsp;&nbsp;&nbsp;&nbsp;2590230 |
|  |  | &nbsp;&nbsp;&nbsp;36199893 |
|  |  | 505767089 |
| **Consumer discretionary – 10.0%** |  |  |
| **Automobile components – 0.3%** | **Automobile components – 0.3%** |  |
| Adient PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;10204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245712 |
| Aisin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;56435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974640 |
| American Axle & Manufacturing Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84224 |
| Aptiv PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;14801 | &nbsp;&nbsp;&nbsp;&nbsp;1276142 |
| Aumovio SE (A) | &nbsp;&nbsp;&nbsp;&nbsp;6292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259415 |
| Autoliv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11079 | &nbsp;&nbsp;&nbsp;&nbsp;1368257 |
| Bridgestone Corp. | &nbsp;&nbsp;&nbsp;&nbsp;65310 | &nbsp;&nbsp;&nbsp;&nbsp;3018506 |
| Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp;76693 | &nbsp;&nbsp;&nbsp;&nbsp;2762002 |
| Continental AG | &nbsp;&nbsp;&nbsp;&nbsp;12583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832441 |
| Cooper-Standard Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76445 |
| Dana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320440 |
| Denso Corp. | &nbsp;&nbsp;199786 | &nbsp;&nbsp;&nbsp;&nbsp;2875257 |
| Dorman Products, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509260 |
| Fox Factory Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124705 |
| Garrett Motion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219650 |
| Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;34413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973888 |
| Gentherm, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127589 |
| Holley, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24919 |
| LCI Industries | &nbsp;&nbsp;&nbsp;&nbsp;2957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275445 |
| Lear Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839289 |
| Modine Manufacturing Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;6253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888926 |
| Motorcar Parts of America, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25273 |
| Patrick Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403791 |
| PHINIA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257740 |
| Solid Power, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;17742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61565 |
| Standard Motor Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105275 |
| Strattec Security Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31376 |
| Sumitomo Electric Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;81734 | &nbsp;&nbsp;&nbsp;&nbsp;2325663 |
| The Goodyear Tire & Rubber Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;76385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571360 |
| Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908539 |
| XPEL, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98086 |
|  |  | &nbsp;&nbsp;&nbsp;22865820 |
| **Automobiles – 2.0%** | **Automobiles – 2.0%** |  |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;32093 | &nbsp;&nbsp;&nbsp;&nbsp;3234569 |
| Faraday Future Intelligent Electric, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;10204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13265 |
| Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp;14418 | &nbsp;&nbsp;&nbsp;&nbsp;6988705 |
| Ford Motor Company | &nbsp;&nbsp;255483 | &nbsp;&nbsp;&nbsp;&nbsp;3055577 |
| General Motors Company | &nbsp;&nbsp;&nbsp;&nbsp;62296 | &nbsp;&nbsp;&nbsp;&nbsp;3798187 |
| Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531718 |
| Honda Motor Company, Ltd. (C) | &nbsp;&nbsp;452969 | &nbsp;&nbsp;&nbsp;&nbsp;4674334 |
| Isuzu Motors, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;61214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771502 |
| Livewire Group, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;4551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21617 |
| Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;82607 | &nbsp;&nbsp;&nbsp;&nbsp;5206718 |
| Nissan Motor Company, Ltd. (A) | &nbsp;&nbsp;254901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619914 |
| Renault SA | &nbsp;&nbsp;&nbsp;&nbsp;21986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904029 |
| Stellantis NV | &nbsp;&nbsp;230642 | &nbsp;&nbsp;&nbsp;&nbsp;2140719 |
| Subaru Corp. | &nbsp;&nbsp;&nbsp;&nbsp;67081 | &nbsp;&nbsp;&nbsp;&nbsp;1367064 |
| Suzuki Motor Corp. | &nbsp;&nbsp;179778 | &nbsp;&nbsp;&nbsp;&nbsp;2617366 |
| Tesla, Inc. (A) | &nbsp;&nbsp;184072 | &nbsp;&nbsp;&nbsp;81860481 |
| Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864982 |
| Toyota Motor Corp. | 1084037 | &nbsp;&nbsp;&nbsp;20820514 |
| Winnebago Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111556 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Automobiles (continued)** | **Automobiles (continued)** |  |
| Yamaha Motor Company, Ltd. | 104816 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784785 |
|  |  | 140387602 |
| **Broadline retail – 2.5%** | **Broadline retail – 2.5%** |  |
| Amazon.com, Inc. (A) | 636600 | 139778262 |
| eBay, Inc. | &nbsp;&nbsp;29952 | &nbsp;&nbsp;&nbsp;&nbsp;2724134 |
| Groupon, Inc. (A) | &nbsp;&nbsp;&nbsp;3033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70821 |
| Kohl's Corp. (C) | &nbsp;&nbsp;13156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202208 |
| Macy's, Inc. | &nbsp;&nbsp;42573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763334 |
| Next PLC | &nbsp;&nbsp;13351 | &nbsp;&nbsp;&nbsp;&nbsp;2225662 |
| Ollie's Bargain Outlet Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;9617 | &nbsp;&nbsp;&nbsp;&nbsp;1234823 |
| Pan Pacific International Holdings Corp. | 217995 | &nbsp;&nbsp;&nbsp;&nbsp;1435266 |
| Prosus NV (A) | 149664 | &nbsp;&nbsp;&nbsp;10583494 |
| Rakuten Group, Inc. (A) | 173239 | &nbsp;&nbsp;&nbsp;&nbsp;1123396 |
| Ryohin Keikaku Company, Ltd. | &nbsp;&nbsp;57811 | &nbsp;&nbsp;&nbsp;&nbsp;1150274 |
| Savers Value Village, Inc. (A) | &nbsp;&nbsp;&nbsp;4532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60049 |
| Sea, Ltd., ADR (A) | &nbsp;&nbsp;43758 | &nbsp;&nbsp;&nbsp;&nbsp;7820867 |
| Wesfarmers, Ltd. | 129803 | &nbsp;&nbsp;&nbsp;&nbsp;7896346 |
|  |  | 177068936 |
| **Distributors – 0.0%** | **Distributors – 0.0%** |  |
| A-Mark Precious Metals, Inc. | &nbsp;&nbsp;&nbsp;2295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59372 |
| D'ieteren Group | &nbsp;&nbsp;&nbsp;2457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461174 |
| Genuine Parts Company | &nbsp;&nbsp;&nbsp;9435 | &nbsp;&nbsp;&nbsp;&nbsp;1307691 |
| GigaCloud Technology, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81082 |
| LKQ Corp. | &nbsp;&nbsp;17549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535946 |
| Pool Corp. | &nbsp;&nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660139 |
| Weyco Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23169 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3128573 |
| **Diversified consumer services – 0.2%** | **Diversified consumer services – 0.2%** |  |
| Adtalem Global Education, Inc. (A) | &nbsp;&nbsp;&nbsp;4213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650698 |
| American Public Education, Inc. (A) | &nbsp;&nbsp;&nbsp;2111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83321 |
| Carriage Services, Inc. | &nbsp;&nbsp;&nbsp;1691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75317 |
| Coursera, Inc. (A) | &nbsp;&nbsp;16817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196927 |
| Duolingo, Inc. (A) | &nbsp;&nbsp;&nbsp;6224 | &nbsp;&nbsp;&nbsp;&nbsp;2003132 |
| frontdoor, Inc. (A) | &nbsp;&nbsp;&nbsp;8824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593767 |
| Graham Holdings Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp;1077239 |
| Grand Canyon Education, Inc. (A) | &nbsp;&nbsp;&nbsp;4349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954692 |
| H&R Block, Inc. | &nbsp;&nbsp;20991 | &nbsp;&nbsp;&nbsp;&nbsp;1061515 |
| KinderCare Learning Cos, Inc. (A) | &nbsp;&nbsp;&nbsp;4001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26567 |
| Laureate Education, Inc. (A) | &nbsp;&nbsp;15465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487766 |
| Lincoln Educational Services Corp. (A) | &nbsp;&nbsp;&nbsp;3678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86433 |
| Matthews International Corp., Class A | &nbsp;&nbsp;&nbsp;3697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89763 |
| McGraw Hill, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32329 |
| Mister Car Wash, Inc. (A) | &nbsp;&nbsp;12589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67099 |
| OneSpaWorld Holdings, Ltd. | &nbsp;&nbsp;11463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242328 |
| Pearson PLC | &nbsp;&nbsp;67080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953949 |
| Perdoceo Education Corp. | &nbsp;&nbsp;&nbsp;7382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278006 |
| Service Corp. International | &nbsp;&nbsp;21988 | &nbsp;&nbsp;&nbsp;&nbsp;1829841 |
| Strategic Education, Inc. | &nbsp;&nbsp;&nbsp;2712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233259 |
| Stride, Inc. (A) | &nbsp;&nbsp;&nbsp;5075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755871 |
| Udemy, Inc. (A) | &nbsp;&nbsp;11974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83938 |
| Universal Technical Institute, Inc. (A) | &nbsp;&nbsp;&nbsp;5777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188041 |
|  |  | &nbsp;&nbsp;&nbsp;12051798 |
| **Hotels, restaurants and leisure – 1.7%** | **Hotels, restaurants and leisure – 1.7%** |  |
| Accel Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;7012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77623 |
| Accor SA | &nbsp;&nbsp;22416 | &nbsp;&nbsp;&nbsp;&nbsp;1064993 |
| Airbnb, Inc., Class A (A) | &nbsp;&nbsp;28170 | &nbsp;&nbsp;&nbsp;&nbsp;3420401 |
| Amadeus IT Group SA | &nbsp;&nbsp;51531 | &nbsp;&nbsp;&nbsp;&nbsp;4096185 |
| Aramark | &nbsp;&nbsp;41211 | &nbsp;&nbsp;&nbsp;&nbsp;1582502 |
| Aristocrat Leisure, Ltd. | &nbsp;&nbsp;64216 | &nbsp;&nbsp;&nbsp;&nbsp;2972780 |
| Biglari Holdings, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27510 |
| BJ's Restaurants, Inc. (A) | &nbsp;&nbsp;&nbsp;2131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65059 |
| Bloomin' Brands, Inc. | &nbsp;&nbsp;10290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73779 |
| Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;2127 | &nbsp;&nbsp;&nbsp;11484247 |
| Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;9303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804244 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| Brightstar Lottery PLC | &nbsp;&nbsp;13426 | $&nbsp;&nbsp;&nbsp;&nbsp;231599 |
| Brinker International, Inc. (A) | &nbsp;&nbsp;&nbsp;5256 | &nbsp;&nbsp;&nbsp;&nbsp;665830 |
| Carnival Corp. (A) | &nbsp;&nbsp;71374 | &nbsp;&nbsp;&nbsp;2063422 |
| Cava Group, Inc. (A) | &nbsp;&nbsp;15635 | &nbsp;&nbsp;&nbsp;&nbsp;944510 |
| Chipotle Mexican Grill, Inc. (A) | &nbsp;&nbsp;88228 | &nbsp;&nbsp;&nbsp;3457655 |
| Choice Hotels International, Inc. (C) | &nbsp;&nbsp;&nbsp;3240 | &nbsp;&nbsp;&nbsp;&nbsp;346388 |
| Churchill Downs, Inc. | &nbsp;&nbsp;10445 | &nbsp;&nbsp;&nbsp;1013269 |
| Compass Group PLC | 194163 | &nbsp;&nbsp;&nbsp;6618189 |
| Cracker Barrel Old Country Store, Inc. (C) | &nbsp;&nbsp;&nbsp;2680 | &nbsp;&nbsp;&nbsp;&nbsp;118081 |
| Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;7426 | &nbsp;&nbsp;&nbsp;1413613 |
| Dave & Buster's Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;3315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60200 |
| Delivery Hero SE (A)(B) | &nbsp;&nbsp;21980 | &nbsp;&nbsp;&nbsp;&nbsp;631141 |
| Denny's Corp. (A) | &nbsp;&nbsp;&nbsp;6487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33927 |
| Dine Brands Global, Inc. | &nbsp;&nbsp;&nbsp;1851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45757 |
| Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;2059 | &nbsp;&nbsp;&nbsp;&nbsp;888891 |
| DoorDash, Inc., Class A (A) | &nbsp;&nbsp;24305 | &nbsp;&nbsp;&nbsp;6610717 |
| El Pollo Loco Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31593 |
| Entain PLC | &nbsp;&nbsp;69499 | &nbsp;&nbsp;&nbsp;&nbsp;821371 |
| Evolution AB (B) | &nbsp;&nbsp;16371 | &nbsp;&nbsp;&nbsp;1347725 |
| Expedia Group, Inc. | &nbsp;&nbsp;&nbsp;7755 | &nbsp;&nbsp;&nbsp;1657631 |
| FDJ UNITED | &nbsp;&nbsp;12716 | &nbsp;&nbsp;&nbsp;&nbsp;426395 |
| First Watch Restaurant Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88069 |
| Galaxy Entertainment Group, Ltd. | 250212 | &nbsp;&nbsp;&nbsp;1375755 |
| Genius Sports, Ltd. (A) | &nbsp;&nbsp;25970 | &nbsp;&nbsp;&nbsp;&nbsp;321509 |
| Genting Singapore, Ltd. | 691654 | &nbsp;&nbsp;&nbsp;&nbsp;394311 |
| Global Business Travel Group I (A) | &nbsp;&nbsp;11882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96007 |
| Golden Entertainment, Inc. | &nbsp;&nbsp;&nbsp;2383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56191 |
| Hilton Grand Vacations, Inc. (A) | &nbsp;&nbsp;16415 | &nbsp;&nbsp;&nbsp;&nbsp;686311 |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;15484 | &nbsp;&nbsp;&nbsp;4017169 |
| Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;6638 | &nbsp;&nbsp;&nbsp;&nbsp;942131 |
| Inspired Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;3172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29753 |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;16804 | &nbsp;&nbsp;&nbsp;2031777 |
| Jack in the Box, Inc. | &nbsp;&nbsp;&nbsp;2385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47151 |
| Krispy Kreme, Inc. (C) | &nbsp;&nbsp;&nbsp;9876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38220 |
| Kura Sushi USA, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45330 |
| Las Vegas Sands Corp. | &nbsp;&nbsp;20276 | &nbsp;&nbsp;&nbsp;1090646 |
| Life Time Group Holdings, Inc. (A) | &nbsp;&nbsp;16347 | &nbsp;&nbsp;&nbsp;&nbsp;451177 |
| Light & Wonder, Inc. (A) | &nbsp;&nbsp;13162 | &nbsp;&nbsp;&nbsp;1104818 |
| Lindblad Expeditions Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;4683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59942 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;14808 | &nbsp;&nbsp;&nbsp;3856596 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;&nbsp;7478 | &nbsp;&nbsp;&nbsp;&nbsp;497736 |
| McDonald's Corp. | &nbsp;&nbsp;46874 | 14244540 |
| MGM Resorts International (A) | &nbsp;&nbsp;14060 | &nbsp;&nbsp;&nbsp;&nbsp;487320 |
| Monarch Casino & Resort, Inc. | &nbsp;&nbsp;&nbsp;1537 | &nbsp;&nbsp;&nbsp;&nbsp;162676 |
| Nathan's Famous, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36544 |
| Norwegian Cruise Line Holdings, Ltd. (A) | &nbsp;&nbsp;30373 | &nbsp;&nbsp;&nbsp;&nbsp;748087 |
| Oriental Land Company, Ltd. | 123568 | &nbsp;&nbsp;&nbsp;2974660 |
| Papa John's International, Inc. | &nbsp;&nbsp;&nbsp;3953 | &nbsp;&nbsp;&nbsp;&nbsp;190337 |
| Planet Fitness, Inc., Class A (A) | &nbsp;&nbsp;13157 | &nbsp;&nbsp;&nbsp;1365697 |
| Portillo's, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44782 |
| Potbelly Corp. (A) | &nbsp;&nbsp;&nbsp;3143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53557 |
| Pursuit Attractions and Hospitality, Inc. (A) | &nbsp;&nbsp;&nbsp;2618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94719 |
| RCI Hospitality Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30357 |
| Red Rock Resorts, Inc., Class A | &nbsp;&nbsp;&nbsp;5854 | &nbsp;&nbsp;&nbsp;&nbsp;357445 |
| Royal Caribbean Cruises, Ltd. | &nbsp;&nbsp;16586 | &nbsp;&nbsp;&nbsp;5366898 |
| Rush Street Interactive, Inc. (A) | &nbsp;&nbsp;10708 | &nbsp;&nbsp;&nbsp;&nbsp;219300 |
| Sabre Corp. (A) | &nbsp;&nbsp;44761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81913 |
| Sands China, Ltd. | 277743 | &nbsp;&nbsp;&nbsp;&nbsp;771763 |
| Serve Robotics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;5684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66105 |
| Shake Shack, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4681 | &nbsp;&nbsp;&nbsp;&nbsp;438188 |
| Six Flags Entertainment Corp. (A) | &nbsp;&nbsp;11654 | &nbsp;&nbsp;&nbsp;&nbsp;264779 |
| Sodexo SA | &nbsp;&nbsp;10120 | &nbsp;&nbsp;&nbsp;&nbsp;638514 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| Starbucks Corp. | &nbsp;&nbsp;74656 | $&nbsp;&nbsp;&nbsp;&nbsp;6315898 |
| Super Group SGHC, Ltd. | &nbsp;&nbsp;19343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255328 |
| Sweetgreen, Inc., Class A (A) | &nbsp;&nbsp;12592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100484 |
| Target Hospitality Corp. (A) | &nbsp;&nbsp;&nbsp;4130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35022 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;10419 | &nbsp;&nbsp;&nbsp;&nbsp;1731117 |
| The Cheesecake Factory, Inc. | &nbsp;&nbsp;&nbsp;5502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300629 |
| The Lottery Corp., Ltd. | 254601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988659 |
| Travel + Leisure Company | &nbsp;&nbsp;10178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605489 |
| United Parks & Resorts, Inc. (A) | &nbsp;&nbsp;&nbsp;3237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167353 |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;5825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871245 |
| Whitbread PLC | &nbsp;&nbsp;20007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868026 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;4378 | &nbsp;&nbsp;&nbsp;&nbsp;1101855 |
| Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;11971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956483 |
| Wynn Resorts, Ltd. | &nbsp;&nbsp;&nbsp;5084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652125 |
| Xponential Fitness, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26868 |
| Yum! Brands, Inc. | &nbsp;&nbsp;18149 | &nbsp;&nbsp;&nbsp;&nbsp;2758648 |
| Zensho Holdings Company, Ltd. | &nbsp;&nbsp;11032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720691 |
|  |  | 119421927 |
| **Household durables – 0.7%** | **Household durables – 0.7%** |  |
| Barratt Redrow PLC | 156454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823130 |
| Beazer Homes USA, Inc. (A) | &nbsp;&nbsp;&nbsp;3541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86932 |
| Cavco Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534852 |
| Century Communities, Inc. | &nbsp;&nbsp;&nbsp;3058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193785 |
| Champion Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;6855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523516 |
| Cricut, Inc., Class A | &nbsp;&nbsp;&nbsp;5921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37243 |
| D.R. Horton, Inc. | &nbsp;&nbsp;18141 | &nbsp;&nbsp;&nbsp;&nbsp;3074355 |
| Dream Finders Homes, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97407 |
| Ethan Allen Interiors, Inc. | &nbsp;&nbsp;&nbsp;2946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86789 |
| Flexsteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23499 |
| Garmin, Ltd. | &nbsp;&nbsp;10944 | &nbsp;&nbsp;&nbsp;&nbsp;2694632 |
| Green Brick Partners, Inc. (A) | &nbsp;&nbsp;&nbsp;3868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285690 |
| Hamilton Beach Brands Holding Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12258 |
| Helen of Troy, Ltd. (A) | &nbsp;&nbsp;&nbsp;2873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72400 |
| Hovnanian Enterprises, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76452 |
| Installed Building Products, Inc. | &nbsp;&nbsp;&nbsp;2790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688181 |
| KB Home | &nbsp;&nbsp;18535 | &nbsp;&nbsp;&nbsp;&nbsp;1179567 |
| La-Z-Boy, Inc. | &nbsp;&nbsp;&nbsp;5103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175135 |
| Legacy Housing Corp. (A) | &nbsp;&nbsp;&nbsp;1148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31581 |
| Leggett & Platt, Inc. | &nbsp;&nbsp;16416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145774 |
| Lennar Corp., Class A | &nbsp;&nbsp;14952 | &nbsp;&nbsp;&nbsp;&nbsp;1884550 |
| LGI Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;2587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133774 |
| M/I Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;3082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445164 |
| Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;8391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607760 |
| Mohawk Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;3528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454830 |
| NVR, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;1486412 |
| Panasonic Holdings Corp. | 266727 | &nbsp;&nbsp;&nbsp;&nbsp;2895079 |
| PulteGroup, Inc. | &nbsp;&nbsp;12798 | &nbsp;&nbsp;&nbsp;&nbsp;1691000 |
| Sekisui House, Ltd. | &nbsp;&nbsp;68263 | &nbsp;&nbsp;&nbsp;&nbsp;1552477 |
| Somnigroup International, Inc. | &nbsp;&nbsp;32907 | &nbsp;&nbsp;&nbsp;&nbsp;2775047 |
| Sonos, Inc. (A) | &nbsp;&nbsp;14421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227852 |
| Sony Group Corp. | 703454 | &nbsp;&nbsp;&nbsp;20221983 |
| Taylor Morrison Home Corp. (A) | &nbsp;&nbsp;27025 | &nbsp;&nbsp;&nbsp;&nbsp;1783920 |
| The Lovesac Company (A) | &nbsp;&nbsp;&nbsp;1690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28612 |
| Toll Brothers, Inc. | &nbsp;&nbsp;15393 | &nbsp;&nbsp;&nbsp;&nbsp;2126389 |
| TopBuild Corp. (A) | &nbsp;&nbsp;&nbsp;4387 | &nbsp;&nbsp;&nbsp;&nbsp;1714703 |
| Tri Pointe Homes, Inc. (A) | &nbsp;&nbsp;10219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347139 |
| Whirlpool Corp. (C) | &nbsp;&nbsp;&nbsp;8763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688772 |
|  |  | &nbsp;&nbsp;&nbsp;51908641 |
| **Leisure products – 0.1%** | **Leisure products – 0.1%** |  |
| Acushnet Holdings Corp. | &nbsp;&nbsp;&nbsp;3152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247400 |
| Bandai Namco Holdings, Inc. | &nbsp;&nbsp;66916 | &nbsp;&nbsp;&nbsp;&nbsp;2226396 |
| Brunswick Corp. | &nbsp;&nbsp;10243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647767 |
| Escalade, Inc. | &nbsp;&nbsp;&nbsp;1510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18981 |
| Funko, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14992 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Leisure products (continued)** | **Leisure products (continued)** |  |
| Hasbro, Inc. | &nbsp;&nbsp;&nbsp;8954 | $&nbsp;&nbsp;&nbsp;&nbsp;679161 |
| JAKKS Pacific, Inc. | &nbsp;&nbsp;&nbsp;1111 | &nbsp;&nbsp;&nbsp;&nbsp;20809 |
| Johnson Outdoors, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp;28960 |
| Latham Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5566 | &nbsp;&nbsp;&nbsp;&nbsp;42357 |
| Malibu Boats, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2382 | &nbsp;&nbsp;&nbsp;&nbsp;77296 |
| MasterCraft Boat Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2226 | &nbsp;&nbsp;&nbsp;&nbsp;47770 |
| Mattel, Inc. (A) | &nbsp;&nbsp;50516 | &nbsp;&nbsp;&nbsp;&nbsp;850184 |
| Peloton Interactive, Inc., Class A (A) | &nbsp;&nbsp;45846 | &nbsp;&nbsp;&nbsp;&nbsp;412614 |
| Polaris, Inc. | &nbsp;&nbsp;14844 | &nbsp;&nbsp;&nbsp;&nbsp;862882 |
| Shimano, Inc. | &nbsp;&nbsp;&nbsp;8528 | &nbsp;&nbsp;&nbsp;&nbsp;953077 |
| Smith & Wesson Brands, Inc. | &nbsp;&nbsp;&nbsp;5522 | &nbsp;&nbsp;&nbsp;&nbsp;54281 |
| Sturm Ruger & Company, Inc. | &nbsp;&nbsp;&nbsp;1971 | &nbsp;&nbsp;&nbsp;&nbsp;85679 |
| Topgolf Callaway Brands Corp. (A) | &nbsp;&nbsp;16106 | &nbsp;&nbsp;&nbsp;&nbsp;153007 |
| YETI Holdings, Inc. (A) | &nbsp;&nbsp;12735 | &nbsp;&nbsp;&nbsp;&nbsp;422547 |
|  |  | 7846160 |
| **Specialty retail – 1.6%** | **Specialty retail – 1.6%** |  |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;13149 | 1124897 |
| Academy Sports & Outdoors, Inc. | &nbsp;&nbsp;&nbsp;7990 | &nbsp;&nbsp;&nbsp;&nbsp;399660 |
| Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;7261 | &nbsp;&nbsp;&nbsp;&nbsp;445825 |
| American Eagle Outfitters, Inc. | &nbsp;&nbsp;19625 | &nbsp;&nbsp;&nbsp;&nbsp;335784 |
| America's Car-Mart, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;961 | &nbsp;&nbsp;&nbsp;&nbsp;28071 |
| Arhaus, Inc. (A) | &nbsp;&nbsp;&nbsp;6252 | &nbsp;&nbsp;&nbsp;&nbsp;66459 |
| Arko Corp. | &nbsp;&nbsp;&nbsp;9770 | &nbsp;&nbsp;&nbsp;&nbsp;44649 |
| Asbury Automotive Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2366 | &nbsp;&nbsp;&nbsp;&nbsp;578369 |
| AutoNation, Inc. (A) | &nbsp;&nbsp;&nbsp;4434 | &nbsp;&nbsp;&nbsp;&nbsp;970026 |
| AutoZone, Inc. (A) | &nbsp;&nbsp;&nbsp;1100 | 4719264 |
| Avolta AG (A) | &nbsp;&nbsp;10057 | &nbsp;&nbsp;&nbsp;&nbsp;549149 |
| Bath & Body Works, Inc. | &nbsp;&nbsp;33178 | &nbsp;&nbsp;&nbsp;&nbsp;854665 |
| Bed Bath & Beyond, Inc. (A) | &nbsp;&nbsp;&nbsp;6749 | &nbsp;&nbsp;&nbsp;&nbsp;66073 |
| Best Buy Company, Inc. | &nbsp;&nbsp;13095 | &nbsp;&nbsp;&nbsp;&nbsp;990244 |
| Boot Barn Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3652 | &nbsp;&nbsp;&nbsp;&nbsp;605209 |
| Build-A-Bear Workshop, Inc. | &nbsp;&nbsp;&nbsp;1508 | &nbsp;&nbsp;&nbsp;&nbsp;98337 |
| Burlington Stores, Inc. (A) | &nbsp;&nbsp;&nbsp;9769 | 2486211 |
| Caleres, Inc. | &nbsp;&nbsp;&nbsp;3985 | &nbsp;&nbsp;&nbsp;&nbsp;51964 |
| Camping World Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;7336 | &nbsp;&nbsp;&nbsp;&nbsp;115835 |
| CarMax, Inc. (A) | &nbsp;&nbsp;10356 | &nbsp;&nbsp;&nbsp;&nbsp;464674 |
| Chewy, Inc., Class A (A) | &nbsp;&nbsp;34948 | 1413647 |
| Citi Trends, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp;19704 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;10482 | 2329310 |
| EVgo, Inc. (A) | &nbsp;&nbsp;15726 | &nbsp;&nbsp;&nbsp;&nbsp;74384 |
| Fast Retailing Company, Ltd. | &nbsp;&nbsp;21840 | 6633060 |
| Five Below, Inc. (A) | &nbsp;&nbsp;&nbsp;8632 | 1335370 |
| Floor & Decor Holdings, Inc., Class A (A) | &nbsp;&nbsp;16884 | 1244351 |
| GameStop Corp., Class A (A) | &nbsp;&nbsp;64525 | 1760242 |
| Genesco, Inc. (A) | &nbsp;&nbsp;&nbsp;1255 | &nbsp;&nbsp;&nbsp;&nbsp;36382 |
| Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;1481 | &nbsp;&nbsp;&nbsp;&nbsp;647952 |
| Haverty Furniture Companies, Inc. | &nbsp;&nbsp;&nbsp;1707 | &nbsp;&nbsp;&nbsp;&nbsp;37435 |
| Hennes & Mauritz AB, B Shares (C) | &nbsp;&nbsp;64519 | 1206098 |
| Industria de Diseno Textil SA | 124775 | 6905528 |
| J. Jill, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;965 | &nbsp;&nbsp;&nbsp;&nbsp;16550 |
| JD Sports Fashion PLC | 290184 | &nbsp;&nbsp;&nbsp;&nbsp;373568 |
| Kingfisher PLC | 200776 | &nbsp;&nbsp;&nbsp;&nbsp;836386 |
| Lands' End, Inc. (A) | &nbsp;&nbsp;&nbsp;1533 | &nbsp;&nbsp;&nbsp;&nbsp;21615 |
| Lithia Motors, Inc. | &nbsp;&nbsp;&nbsp;4019 | 1270004 |
| Lowe's Companies, Inc. | &nbsp;&nbsp;36770 | 9240669 |
| MarineMax, Inc. (A) | &nbsp;&nbsp;&nbsp;2351 | &nbsp;&nbsp;&nbsp;&nbsp;59551 |
| Monro, Inc. | &nbsp;&nbsp;&nbsp;3697 | &nbsp;&nbsp;&nbsp;&nbsp;66435 |
| Murphy USA, Inc. | &nbsp;&nbsp;&nbsp;2752 | 1068492 |
| National Vision Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;9436 | &nbsp;&nbsp;&nbsp;&nbsp;275437 |
| Nitori Holdings Company, Ltd. | &nbsp;&nbsp;45820 | &nbsp;&nbsp;&nbsp;&nbsp;885944 |
| OneWater Marine, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1510 | &nbsp;&nbsp;&nbsp;&nbsp;23918 |
| O'Reilly Automotive, Inc. (A) | &nbsp;&nbsp;55753 | 6010731 |
| Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;2899 | &nbsp;&nbsp;&nbsp;&nbsp;504165 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** |  |
| Petco Health & Wellness Company, Inc. (A) | &nbsp;&nbsp;9545 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36939 |
| Revolve Group, Inc. (A) | &nbsp;&nbsp;4924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104881 |
| RH (A) | &nbsp;&nbsp;2408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489209 |
| Ross Stores, Inc. | 21500 | &nbsp;&nbsp;&nbsp;&nbsp;3276385 |
| Sally Beauty Holdings, Inc. (A) | 12362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201253 |
| Sanrio Company, Ltd. | 20451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959971 |
| Shoe Carnival, Inc. | &nbsp;&nbsp;2235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46466 |
| Signet Jewelers, Ltd. | &nbsp;&nbsp;4740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454661 |
| Sleep Number Corp. (A) | &nbsp;&nbsp;2591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18189 |
| Sonic Automotive, Inc., Class A | &nbsp;&nbsp;1790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136201 |
| Stitch Fix, Inc., Class A (A) | 13061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56815 |
| The Buckle, Inc. | &nbsp;&nbsp;3761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220620 |
| The Gap, Inc. | 35680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763195 |
| The Home Depot, Inc. | 65272 | &nbsp;&nbsp;&nbsp;26447562 |
| The ODP Corp. (A) | &nbsp;&nbsp;3385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94272 |
| The RealReal, Inc. (A) | 11548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122755 |
| The TJX Companies, Inc. | 73297 | &nbsp;&nbsp;&nbsp;10594348 |
| ThredUp, Inc., Class A (A) | 11056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104479 |
| Tile Shop Holdings, Inc. (A) | &nbsp;&nbsp;4255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25743 |
| Tractor Supply Company | 34168 | &nbsp;&nbsp;&nbsp;&nbsp;1943134 |
| Ulta Beauty, Inc. (A) | &nbsp;&nbsp;2860 | &nbsp;&nbsp;&nbsp;&nbsp;1563705 |
| Upbound Group, Inc. | &nbsp;&nbsp;6406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151374 |
| Urban Outfitters, Inc. (A) | &nbsp;&nbsp;7246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517582 |
| Valvoline, Inc. (A) | 19930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715686 |
| Victoria's Secret & Company (A) | &nbsp;&nbsp;8265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224312 |
| Warby Parker, Inc., Class A (A) | 11907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328395 |
| Williams-Sonoma, Inc. | &nbsp;&nbsp;7794 | &nbsp;&nbsp;&nbsp;&nbsp;1523337 |
| Winmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180193 |
| Zalando SE (A)(B) | 25685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788227 |
| ZOZO, Inc. | 51019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468796 |
| Zumiez, Inc. (A) | &nbsp;&nbsp;1969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38612 |
|  |  | 111889590 |
| **Textiles, apparel and luxury goods – 0.9%** | **Textiles, apparel and luxury goods – 0.9%** |  |
| adidas AG | 19560 | &nbsp;&nbsp;&nbsp;&nbsp;4144402 |
| Asics Corp. | 79814 | &nbsp;&nbsp;&nbsp;&nbsp;2088531 |
| Capri Holdings, Ltd. (A) | 32779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652958 |
| Carter's, Inc. | &nbsp;&nbsp;4340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122475 |
| Cie Financiere Richemont SA, A Shares | 61492 | &nbsp;&nbsp;&nbsp;11804391 |
| Columbia Sportswear Company | &nbsp;&nbsp;4036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211083 |
| Crocs, Inc. (A) | &nbsp;&nbsp;8563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715439 |
| Deckers Outdoor Corp. (A) | &nbsp;&nbsp;9384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951256 |
| Ermenegildo Zegna NV | &nbsp;&nbsp;7889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74551 |
| Figs, Inc., Class A (A) | 10847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72566 |
| G-III Apparel Group, Ltd. (A) | &nbsp;&nbsp;4731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125892 |
| Hanesbrands, Inc. (A) | 42525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280240 |
| Hermes International SCA | &nbsp;&nbsp;3623 | &nbsp;&nbsp;&nbsp;&nbsp;8909101 |
| Kering SA | &nbsp;&nbsp;8515 | &nbsp;&nbsp;&nbsp;&nbsp;2853354 |
| Kontoor Brands, Inc. | &nbsp;&nbsp;6651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530550 |
| Lakeland Industries, Inc. | &nbsp;&nbsp;1371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20291 |
| Lululemon Athletica, Inc. (A) | &nbsp;&nbsp;6837 | &nbsp;&nbsp;&nbsp;&nbsp;1216507 |
| LVMH Moet Hennessy Louis Vuitton SE | 28605 | &nbsp;&nbsp;&nbsp;17602985 |
| Moncler SpA | 26720 | &nbsp;&nbsp;&nbsp;&nbsp;1572562 |
| Movado Group, Inc. | &nbsp;&nbsp;1859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35265 |
| NIKE, Inc., Class B | 77887 | &nbsp;&nbsp;&nbsp;&nbsp;5431061 |
| Oxford Industries, Inc. | &nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70134 |
| Pandora A/S | &nbsp;&nbsp;9037 | &nbsp;&nbsp;&nbsp;&nbsp;1181564 |
| PVH Corp. | &nbsp;&nbsp;7537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631374 |
| Ralph Lauren Corp. | &nbsp;&nbsp;2711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850061 |
| Rocky Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27377 |
| Steven Madden, Ltd. | &nbsp;&nbsp;8703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291376 |
| Superior Group of Companies, Inc. | &nbsp;&nbsp;1661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17806 |
| Tapestry, Inc. | 14118 | &nbsp;&nbsp;&nbsp;&nbsp;1598440 |
| The Swatch Group AG, Bearer Shares | &nbsp;&nbsp;3310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625583 |
| Under Armour, Inc., Class A (A)(C) | 29607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147739 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Textiles, apparel and luxury goods (continued)** | **Textiles, apparel and luxury goods (continued)** |  |
| Under Armour, Inc., Class C (A) | &nbsp;&nbsp;19012 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91828 |
| VF Corp. | &nbsp;&nbsp;51444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742337 |
| Wolverine World Wide, Inc. | &nbsp;&nbsp;&nbsp;9739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267238 |
|  |  | &nbsp;&nbsp;&nbsp;65958317 |
|  |  | 712527364 |
| **Consumer staples – 5.4%** |  |  |
| **Beverages – 1.0%** | **Beverages – 1.0%** |  |
| Anheuser-Busch InBev SA/NV | 113066 | &nbsp;&nbsp;&nbsp;&nbsp;6758710 |
| Asahi Group Holdings, Ltd. | 165284 | &nbsp;&nbsp;&nbsp;&nbsp;1981578 |
| Brown-Forman Corp., Class B | &nbsp;&nbsp;12379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335223 |
| Carlsberg A/S, Class B | &nbsp;&nbsp;10753 | &nbsp;&nbsp;&nbsp;&nbsp;1251626 |
| Celsius Holdings, Inc. (A) | &nbsp;&nbsp;25074 | &nbsp;&nbsp;&nbsp;&nbsp;1441504 |
| Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;&nbsp;9397 | &nbsp;&nbsp;&nbsp;&nbsp;1100953 |
| Coca-Cola Europacific Partners PLC | &nbsp;&nbsp;26353 | &nbsp;&nbsp;&nbsp;&nbsp;2382575 |
| Coca-Cola HBC AG (A) | &nbsp;&nbsp;24949 | &nbsp;&nbsp;&nbsp;&nbsp;1177058 |
| Constellation Brands, Inc., Class A | &nbsp;&nbsp;&nbsp;9370 | &nbsp;&nbsp;&nbsp;&nbsp;1261858 |
| Davide Campari-Milano NV | &nbsp;&nbsp;70423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445324 |
| Diageo PLC | 254547 | &nbsp;&nbsp;&nbsp;&nbsp;6090715 |
| Heineken Holding NV | &nbsp;&nbsp;14827 | &nbsp;&nbsp;&nbsp;&nbsp;1018068 |
| Heineken NV | &nbsp;&nbsp;32943 | &nbsp;&nbsp;&nbsp;&nbsp;2579735 |
| Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;88265 | &nbsp;&nbsp;&nbsp;&nbsp;2251640 |
| Kirin Holdings Company, Ltd. | &nbsp;&nbsp;88868 | &nbsp;&nbsp;&nbsp;&nbsp;1302016 |
| MGP Ingredients, Inc. | &nbsp;&nbsp;&nbsp;1724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41704 |
| Molson Coors Beverage Company, Class B | &nbsp;&nbsp;11647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527027 |
| Monster Beverage Corp. (A) | &nbsp;&nbsp;46068 | &nbsp;&nbsp;&nbsp;&nbsp;3100837 |
| National Beverage Corp. (A) | &nbsp;&nbsp;&nbsp;3043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112348 |
| PepsiCo, Inc. | &nbsp;&nbsp;89822 | &nbsp;&nbsp;&nbsp;12614602 |
| Pernod Ricard SA | &nbsp;&nbsp;23085 | &nbsp;&nbsp;&nbsp;&nbsp;2272733 |
| Suntory Beverage & Food, Ltd. | &nbsp;&nbsp;15906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497125 |
| The Boston Beer Company, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262161 |
| The Coca-Cola Company | 254301 | &nbsp;&nbsp;&nbsp;16865242 |
| The Vita Coco Company, Inc. (A) | &nbsp;&nbsp;&nbsp;5221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221736 |
|  |  | &nbsp;&nbsp;&nbsp;67894098 |
| **Consumer staples distribution and retail – 1.5%** | **Consumer staples distribution and retail – 1.5%** |  |
| Aeon Company, Ltd. | 254719 | &nbsp;&nbsp;&nbsp;&nbsp;3091842 |
| Albertsons Companies, Inc., Class A | &nbsp;&nbsp;63198 | &nbsp;&nbsp;&nbsp;&nbsp;1106597 |
| BJ's Wholesale Club Holdings, Inc. (A) | &nbsp;&nbsp;20704 | &nbsp;&nbsp;&nbsp;&nbsp;1930648 |
| Carrefour SA | &nbsp;&nbsp;67378 | &nbsp;&nbsp;&nbsp;&nbsp;1021098 |
| Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;5829 | &nbsp;&nbsp;&nbsp;&nbsp;3295250 |
| Coles Group, Ltd. | 153429 | &nbsp;&nbsp;&nbsp;&nbsp;2361705 |
| Costco Wholesale Corp. | &nbsp;&nbsp;29127 | &nbsp;&nbsp;&nbsp;26960825 |
| Dollar General Corp. | &nbsp;&nbsp;13908 | &nbsp;&nbsp;&nbsp;&nbsp;1437392 |
| Dollar Tree, Inc. (A) | &nbsp;&nbsp;12295 | &nbsp;&nbsp;&nbsp;&nbsp;1160279 |
| Grocery Outlet Holding Corp. (A) | &nbsp;&nbsp;11479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184238 |
| Guardian Pharmacy Services, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60119 |
| Ingles Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;1757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122217 |
| J Sainsbury PLC | 197263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886938 |
| Jeronimo Martins SGPS SA | &nbsp;&nbsp;32392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788590 |
| Kesko OYJ, B Shares | &nbsp;&nbsp;31246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664974 |
| Kobe Bussan Company, Ltd. | &nbsp;&nbsp;17213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474397 |
| Koninklijke Ahold Delhaize NV | 103844 | &nbsp;&nbsp;&nbsp;&nbsp;4201994 |
| Maplebear, Inc. (A) | &nbsp;&nbsp;28912 | &nbsp;&nbsp;&nbsp;&nbsp;1062805 |
| Marks & Spencer Group PLC | 235228 | &nbsp;&nbsp;&nbsp;&nbsp;1154058 |
| MatsukiyoCocokara & Company | &nbsp;&nbsp;37545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762119 |
| Natural Grocers by Vitamin Cottage, Inc. | &nbsp;&nbsp;&nbsp;1597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63880 |
| Performance Food Group Company (A) | &nbsp;&nbsp;24540 | &nbsp;&nbsp;&nbsp;&nbsp;2553142 |
| PriceSmart, Inc. | &nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375083 |
| Seven & i Holdings Company, Ltd. | 238341 | &nbsp;&nbsp;&nbsp;&nbsp;3198158 |
| Sprouts Farmers Market, Inc. (A) | &nbsp;&nbsp;15322 | &nbsp;&nbsp;&nbsp;&nbsp;1667034 |
| Sysco Corp. | &nbsp;&nbsp;31468 | &nbsp;&nbsp;&nbsp;&nbsp;2591075 |
| Target Corp. | &nbsp;&nbsp;29641 | &nbsp;&nbsp;&nbsp;&nbsp;2658798 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer staples distribution and retail (continued)** | **Consumer staples distribution and retail (continued)** |  |
| Tesco PLC | 750952 | $&nbsp;&nbsp;&nbsp;&nbsp;4500968 |
| The Andersons, Inc. | &nbsp;&nbsp;&nbsp;3967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157926 |
| The Chefs' Warehouse, Inc. (A) | &nbsp;&nbsp;&nbsp;4402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256769 |
| The Kroger Company | &nbsp;&nbsp;39989 | &nbsp;&nbsp;&nbsp;&nbsp;2695658 |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;35304 | &nbsp;&nbsp;&nbsp;&nbsp;2704992 |
| United Natural Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;7255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272933 |
| Village Super Market, Inc., Class A | &nbsp;&nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42777 |
| Walmart, Inc. | 288133 | &nbsp;&nbsp;&nbsp;29694987 |
| Weis Markets, Inc. | &nbsp;&nbsp;&nbsp;2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146974 |
| Woolworths Group, Ltd. | 139735 | &nbsp;&nbsp;&nbsp;&nbsp;2466052 |
|  |  | 108775291 |
| **Food products – 1.1%** | **Food products – 1.1%** |  |
| Ajinomoto Company, Inc. | 103529 | &nbsp;&nbsp;&nbsp;&nbsp;2968094 |
| Alico, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26134 |
| Archer-Daniels-Midland Company | &nbsp;&nbsp;30847 | &nbsp;&nbsp;&nbsp;&nbsp;1842800 |
| Associated British Foods PLC | &nbsp;&nbsp;36958 | &nbsp;&nbsp;&nbsp;&nbsp;1021198 |
| B&G Foods, Inc. (C) | &nbsp;&nbsp;&nbsp;9504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42103 |
| Barry Callebaut AG (C) | &nbsp;&nbsp;&nbsp;&nbsp;408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561903 |
| Beyond Meat, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;9712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18356 |
| BRC, Inc., Class A (A)(C) | &nbsp;&nbsp;10819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16878 |
| Bunge Global SA | &nbsp;&nbsp;&nbsp;9137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742381 |
| Calavo Growers, Inc. | &nbsp;&nbsp;&nbsp;2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52458 |
| Cal-Maine Foods, Inc. | &nbsp;&nbsp;&nbsp;5417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509740 |
| Chocoladefabriken Lindt & Spruengli AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp;1805648 |
| Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | &nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;1635889 |
| Conagra Brands, Inc. | &nbsp;&nbsp;32452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594196 |
| Danone SA | &nbsp;&nbsp;74045 | &nbsp;&nbsp;&nbsp;&nbsp;6451781 |
| Darling Ingredients, Inc. (A) | &nbsp;&nbsp;24801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765607 |
| Dole PLC | &nbsp;&nbsp;&nbsp;8848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118917 |
| Flowers Foods, Inc. | &nbsp;&nbsp;33103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431994 |
| Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;3955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137318 |
| General Mills, Inc. | &nbsp;&nbsp;34974 | &nbsp;&nbsp;&nbsp;&nbsp;1763389 |
| Hormel Foods Corp. | &nbsp;&nbsp;19813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490174 |
| Ingredion, Inc. | &nbsp;&nbsp;10063 | &nbsp;&nbsp;&nbsp;&nbsp;1228793 |
| J&J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;1894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181994 |
| JDE Peet's NV | &nbsp;&nbsp;19544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717023 |
| John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59845 |
| Kellanova | &nbsp;&nbsp;16871 | &nbsp;&nbsp;&nbsp;&nbsp;1383759 |
| Kerry Group PLC, Class A | &nbsp;&nbsp;18728 | &nbsp;&nbsp;&nbsp;&nbsp;1690721 |
| Kikkoman Corp. | &nbsp;&nbsp;77623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657352 |
| Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp;9593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557161 |
| Limoneira Company | &nbsp;&nbsp;&nbsp;2276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33799 |
| Lotus Bakeries NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443477 |
| Mama's Creations, Inc. (A) | &nbsp;&nbsp;&nbsp;4285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45035 |
| McCormick & Company, Inc. | &nbsp;&nbsp;17177 | &nbsp;&nbsp;&nbsp;&nbsp;1149313 |
| MEIJI Holdings Company, Ltd. | &nbsp;&nbsp;27437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568916 |
| Mission Produce, Inc. (A) | &nbsp;&nbsp;&nbsp;4618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55508 |
| Mondelez International, Inc., Class A | &nbsp;&nbsp;84907 | &nbsp;&nbsp;&nbsp;&nbsp;5304140 |
| Mowi ASA | &nbsp;&nbsp;53237 | &nbsp;&nbsp;&nbsp;&nbsp;1126261 |
| Nestle SA | 294718 | &nbsp;&nbsp;&nbsp;27065496 |
| Nissin Foods Holdings Company, Ltd. | &nbsp;&nbsp;22126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416757 |
| Orkla ASA | &nbsp;&nbsp;80187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838341 |
| Pilgrim's Pride Corp. | &nbsp;&nbsp;&nbsp;6704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272987 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;7495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805563 |
| Salmar ASA | &nbsp;&nbsp;&nbsp;7650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409072 |
| Seneca Foods Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58827 |
| SunOpta, Inc. (A) | &nbsp;&nbsp;11754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68878 |
| The Campbell's Company (C) | &nbsp;&nbsp;13380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422540 |
| The Hain Celestial Group, Inc. (A) | &nbsp;&nbsp;11799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18642 |
| The Hershey Company | &nbsp;&nbsp;&nbsp;9480 | &nbsp;&nbsp;&nbsp;&nbsp;1773234 |
| The J.M. Smucker Company | &nbsp;&nbsp;&nbsp;7234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785612 |
| The Kraft Heinz Company | &nbsp;&nbsp;54432 | &nbsp;&nbsp;&nbsp;&nbsp;1417409 |
| The Marzetti Company | &nbsp;&nbsp;&nbsp;5614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970043 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Food products (continued)** | **Food products (continued)** |  |
| The Simply Good Foods Company (A) | &nbsp;&nbsp;11279 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279945 |
| Tootsie Roll Industries, Inc. | &nbsp;&nbsp;&nbsp;2190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91805 |
| TreeHouse Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;6123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123746 |
| Tyson Foods, Inc., Class A | &nbsp;&nbsp;19457 | &nbsp;&nbsp;&nbsp;&nbsp;1056515 |
| Utz Brands, Inc. | &nbsp;&nbsp;&nbsp;8736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106142 |
| Vital Farms, Inc. (A) | &nbsp;&nbsp;&nbsp;4177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171884 |
| Westrock Coffee Company (A)(C) | &nbsp;&nbsp;&nbsp;4894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23785 |
| WH Group, Ltd. (B) | 953927 | &nbsp;&nbsp;&nbsp;&nbsp;1033056 |
| Wilmar International, Ltd. | 219744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485963 |
| Yakult Honsha Company, Ltd. | &nbsp;&nbsp;28481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464433 |
|  |  | &nbsp;&nbsp;&nbsp;76360730 |
| **Household products – 0.6%** | **Household products – 0.6%** |  |
| Central Garden & Pet Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25924 |
| Central Garden & Pet Company, Class A (A) | &nbsp;&nbsp;&nbsp;6075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179395 |
| Church & Dwight Company, Inc. | &nbsp;&nbsp;15538 | &nbsp;&nbsp;&nbsp;&nbsp;1361595 |
| Colgate-Palmolive Company | &nbsp;&nbsp;52948 | &nbsp;&nbsp;&nbsp;&nbsp;4232663 |
| Energizer Holdings, Inc. | &nbsp;&nbsp;&nbsp;8013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199444 |
| Essity AB, B Shares | &nbsp;&nbsp;68903 | &nbsp;&nbsp;&nbsp;&nbsp;1801064 |
| Henkel AG & Company KGaA | &nbsp;&nbsp;11886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882258 |
| Kimberly-Clark Corp. | &nbsp;&nbsp;21674 | &nbsp;&nbsp;&nbsp;&nbsp;2694945 |
| Oil-Dri Corp. of America | &nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74469 |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;77692 | &nbsp;&nbsp;&nbsp;&nbsp;5982435 |
| Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;&nbsp;2604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136788 |
| The Clorox Company | &nbsp;&nbsp;&nbsp;8378 | &nbsp;&nbsp;&nbsp;&nbsp;1033007 |
| The Procter & Gamble Company | 153624 | &nbsp;&nbsp;&nbsp;23604328 |
| Unicharm Corp. | 127827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829050 |
| WD-40 Company | &nbsp;&nbsp;&nbsp;1642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324459 |
|  |  | &nbsp;&nbsp;&nbsp;43361824 |
| **Personal care products – 0.6%** | **Personal care products – 0.6%** |  |
| Beiersdorf AG | &nbsp;&nbsp;11137 | &nbsp;&nbsp;&nbsp;&nbsp;1165332 |
| BellRing Brands, Inc. (A) | &nbsp;&nbsp;19752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717985 |
| Coty, Inc., Class A (A) | &nbsp;&nbsp;57442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232066 |
| e.l.f. Beauty, Inc. (A) | &nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;1232064 |
| Edgewell Personal Care Company | &nbsp;&nbsp;&nbsp;5745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116968 |
| Herbalife, Ltd. (A) | &nbsp;&nbsp;12302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103829 |
| Interparfums, Inc. | &nbsp;&nbsp;&nbsp;2229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219289 |
| Kao Corp. | &nbsp;&nbsp;53292 | &nbsp;&nbsp;&nbsp;&nbsp;2322520 |
| Kenvue, Inc. | 124474 | &nbsp;&nbsp;&nbsp;&nbsp;2020213 |
| L'Oreal SA | &nbsp;&nbsp;27503 | &nbsp;&nbsp;&nbsp;11949701 |
| Medifast, Inc. (A) | &nbsp;&nbsp;&nbsp;1413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19316 |
| Nature's Sunshine Products, Inc. (A) | &nbsp;&nbsp;&nbsp;2635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40895 |
| Nu Skin Enterprises, Inc., Class A | &nbsp;&nbsp;&nbsp;5914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72092 |
| Olaplex Holdings, Inc. (A) | &nbsp;&nbsp;18799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24627 |
| Shiseido Company, Ltd. | &nbsp;&nbsp;45755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781054 |
| The Beauty Health Company (A) | &nbsp;&nbsp;13790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27442 |
| The Estee Lauder Companies, Inc., Class A | &nbsp;&nbsp;15921 | &nbsp;&nbsp;&nbsp;&nbsp;1402959 |
| The Honest Company, Inc. (A) | &nbsp;&nbsp;11414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42004 |
| Unilever PLC | 280449 | &nbsp;&nbsp;&nbsp;16576945 |
| USANA Health Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;1435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39534 |
|  |  | &nbsp;&nbsp;&nbsp;39106835 |
| **Tobacco – 0.6%** | **Tobacco – 0.6%** |  |
| Altria Group, Inc. | 110225 | &nbsp;&nbsp;&nbsp;&nbsp;7281464 |
| British American Tobacco PLC | 238449 | &nbsp;&nbsp;&nbsp;12682453 |
| Imperial Brands PLC | &nbsp;&nbsp;88307 | &nbsp;&nbsp;&nbsp;&nbsp;3751405 |
| Japan Tobacco, Inc. | 137262 | &nbsp;&nbsp;&nbsp;&nbsp;4501787 |
| Philip Morris International, Inc. | 102128 | &nbsp;&nbsp;&nbsp;16565162 |
| Turning Point Brands, Inc. | &nbsp;&nbsp;&nbsp;2063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203948 |
| Universal Corp. | &nbsp;&nbsp;&nbsp;2903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162191 |
|  |  | &nbsp;&nbsp;&nbsp;45148410 |
|  |  | 380647188 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Energy – 3.0%** |  |  |
| **Energy equipment and services – 0.3%** | **Energy equipment and services – 0.3%** |  |
| Archrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19831 | $&nbsp;&nbsp;&nbsp;&nbsp;521754 |
| Aris Water Solutions, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;3713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91563 |
| Atlas Energy Solutions, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;9520 | &nbsp;&nbsp;&nbsp;&nbsp;108242 |
| Baker Hughes Company | &nbsp;&nbsp;&nbsp;&nbsp;64859 | &nbsp;&nbsp;&nbsp;3159930 |
| Borr Drilling, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;30602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82319 |
| Bristow Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3434 | &nbsp;&nbsp;&nbsp;&nbsp;123899 |
| Cactus, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;8266 | &nbsp;&nbsp;&nbsp;&nbsp;326259 |
| Core Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73085 |
| DMC Global, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22232 |
| Expro Group Holdings NV (A) | &nbsp;&nbsp;&nbsp;&nbsp;12595 | &nbsp;&nbsp;&nbsp;&nbsp;149629 |
| Flowco Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36279 |
| Forum Energy Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37875 |
| Halliburton Company | &nbsp;&nbsp;&nbsp;&nbsp;53462 | &nbsp;&nbsp;&nbsp;1315165 |
| Helix Energy Solutions Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;17433 | &nbsp;&nbsp;&nbsp;&nbsp;114360 |
| Helmerich & Payne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11675 | &nbsp;&nbsp;&nbsp;&nbsp;257901 |
| Innovex International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89456 |
| Kodiak Gas Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7988 | &nbsp;&nbsp;&nbsp;&nbsp;295316 |
| Liberty Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19069 | &nbsp;&nbsp;&nbsp;&nbsp;235311 |
| Nabors Industries, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82557 |
| National Energy Services Reunited Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76519 |
| Natural Gas Services Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33924 |
| Noble Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;15132 | &nbsp;&nbsp;&nbsp;&nbsp;427933 |
| NOV, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;58224 | &nbsp;&nbsp;&nbsp;&nbsp;771468 |
| Oceaneering International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;11295 | &nbsp;&nbsp;&nbsp;&nbsp;279890 |
| Oil States International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43784 |
| Patterson-UTI Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42652 | &nbsp;&nbsp;&nbsp;&nbsp;220937 |
| ProPetro Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52300 |
| Ranger Energy Services, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32713 |
| RPC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51517 |
| Schlumberger, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;98298 | &nbsp;&nbsp;&nbsp;3378502 |
| Seadrill, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7599 | &nbsp;&nbsp;&nbsp;&nbsp;229566 |
| Select Water Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11529 | &nbsp;&nbsp;&nbsp;&nbsp;123245 |
| Solaris Energy Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4421 | &nbsp;&nbsp;&nbsp;&nbsp;176707 |
| TechnipFMC PLC | &nbsp;&nbsp;&nbsp;&nbsp;64441 | &nbsp;&nbsp;&nbsp;2542197 |
| Tenaris SA | &nbsp;&nbsp;&nbsp;&nbsp;42917 | &nbsp;&nbsp;&nbsp;&nbsp;768992 |
| TETRA Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;15530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89298 |
| Tidewater, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5720 | &nbsp;&nbsp;&nbsp;&nbsp;305048 |
| Transocean, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;89927 | &nbsp;&nbsp;&nbsp;&nbsp;280572 |
| Valaris, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;18012 | &nbsp;&nbsp;&nbsp;&nbsp;878445 |
| Weatherford International PLC | &nbsp;&nbsp;&nbsp;&nbsp;11263 | &nbsp;&nbsp;&nbsp;&nbsp;770727 |
|  |  | 18657416 |
| **Oil, gas and consumable fuels – 2.7%** | **Oil, gas and consumable fuels – 2.7%** |  |
| Aker BP ASA | &nbsp;&nbsp;&nbsp;&nbsp;36151 | &nbsp;&nbsp;&nbsp;&nbsp;917488 |
| Antero Midstream Corp. | &nbsp;&nbsp;&nbsp;&nbsp;52515 | &nbsp;&nbsp;&nbsp;1020892 |
| Antero Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;46014 | &nbsp;&nbsp;&nbsp;1544230 |
| APA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24528 | &nbsp;&nbsp;&nbsp;&nbsp;595540 |
| Ardmore Shipping Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48904 |
| Berry Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38427 |
| BKV Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50331 |
| BP PLC | 1814259 | 10416838 |
| California Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8051 | &nbsp;&nbsp;&nbsp;&nbsp;428152 |
| Calumet, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;8402 | &nbsp;&nbsp;&nbsp;&nbsp;153337 |
| Centrus Energy Corp., Class A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;1877 | &nbsp;&nbsp;&nbsp;&nbsp;582001 |
| Chevron Corp. | &nbsp;&nbsp;126256 | 19606294 |
| Chord Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8977 | &nbsp;&nbsp;&nbsp;&nbsp;892044 |
| Civitas Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13075 | &nbsp;&nbsp;&nbsp;&nbsp;424938 |
| Clean Energy Fuels Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;22005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56773 |
| CNX Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;38285 | &nbsp;&nbsp;&nbsp;1229714 |
| Comstock Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9026 | &nbsp;&nbsp;&nbsp;&nbsp;178986 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;81936 | &nbsp;&nbsp;&nbsp;7750326 |
| Core Natural Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6156 | &nbsp;&nbsp;&nbsp;&nbsp;513903 |
| Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47343 | &nbsp;&nbsp;&nbsp;1119662 |
| Crescent Energy Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;21570 | &nbsp;&nbsp;&nbsp;&nbsp;192404 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| CVR Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;3778 | $&nbsp;&nbsp;&nbsp;&nbsp;137821 |
| Delek US Holdings, Inc. | &nbsp;&nbsp;&nbsp;7060 | &nbsp;&nbsp;&nbsp;&nbsp;227826 |
| Devon Energy Corp. | &nbsp;&nbsp;40522 | &nbsp;&nbsp;&nbsp;1420701 |
| DHT Holdings, Inc. | &nbsp;&nbsp;15336 | &nbsp;&nbsp;&nbsp;&nbsp;183265 |
| Diamondback Energy, Inc. | &nbsp;&nbsp;12712 | &nbsp;&nbsp;&nbsp;1819087 |
| Diversified Energy Company PLC | &nbsp;&nbsp;&nbsp;7511 | &nbsp;&nbsp;&nbsp;&nbsp;105229 |
| Dorian LPG, Ltd. | &nbsp;&nbsp;&nbsp;4461 | &nbsp;&nbsp;&nbsp;&nbsp;132938 |
| DT Midstream, Inc. | &nbsp;&nbsp;15928 | &nbsp;&nbsp;&nbsp;1800820 |
| Encore Energy Corp. (A) | &nbsp;&nbsp;23108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74177 |
| ENEOS Holdings, Inc. | 309620 | &nbsp;&nbsp;&nbsp;1960887 |
| Energy Fuels, Inc. (A)(C) | &nbsp;&nbsp;25869 | &nbsp;&nbsp;&nbsp;&nbsp;397089 |
| Eni SpA | 233966 | &nbsp;&nbsp;&nbsp;4093491 |
| EOG Resources, Inc. | &nbsp;&nbsp;35808 | &nbsp;&nbsp;&nbsp;4014793 |
| EQT Corp. | &nbsp;&nbsp;40694 | &nbsp;&nbsp;&nbsp;2214974 |
| Equinor ASA | &nbsp;&nbsp;87739 | &nbsp;&nbsp;&nbsp;2139612 |
| Evolution Petroleum Corp. | &nbsp;&nbsp;&nbsp;4502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700 |
| Excelerate Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;2798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70482 |
| Expand Energy Corp. | &nbsp;&nbsp;15833 | &nbsp;&nbsp;&nbsp;1682098 |
| Exxon Mobil Corp. | 279764 | 31543391 |
| FLEX LNG, Ltd. (New York Stock Exchange) (A)(C) | &nbsp;&nbsp;&nbsp;3714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93593 |
| Galp Energia SGPS SA | &nbsp;&nbsp;47727 | &nbsp;&nbsp;&nbsp;&nbsp;904415 |
| Gevo, Inc. (A)(C) | &nbsp;&nbsp;28397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55658 |
| Golar LNG, Ltd. | &nbsp;&nbsp;12043 | &nbsp;&nbsp;&nbsp;&nbsp;486658 |
| Granite Ridge Resources, Inc. | &nbsp;&nbsp;&nbsp;7309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39542 |
| Green Plains, Inc. (A) | &nbsp;&nbsp;&nbsp;7871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69186 |
| Gulfport Energy Corp. (A) | &nbsp;&nbsp;&nbsp;1892 | &nbsp;&nbsp;&nbsp;&nbsp;342414 |
| HF Sinclair Corp. | &nbsp;&nbsp;24932 | &nbsp;&nbsp;&nbsp;1304941 |
| Idemitsu Kosan Company, Ltd. | &nbsp;&nbsp;88448 | &nbsp;&nbsp;&nbsp;&nbsp;605125 |
| Infinity Natural Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24909 |
| Inpex Corp. | 100817 | &nbsp;&nbsp;&nbsp;1815277 |
| International Seaways, Inc. | &nbsp;&nbsp;&nbsp;4838 | &nbsp;&nbsp;&nbsp;&nbsp;222935 |
| Kinder Morgan, Inc. | 127396 | &nbsp;&nbsp;&nbsp;3606581 |
| Kinetik Holdings, Inc. (C) | &nbsp;&nbsp;&nbsp;5330 | &nbsp;&nbsp;&nbsp;&nbsp;227804 |
| Kosmos Energy, Ltd. (A) | &nbsp;&nbsp;58862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97711 |
| Lightbridge Corp. (A) | &nbsp;&nbsp;&nbsp;2716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57606 |
| Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;22186 | &nbsp;&nbsp;&nbsp;&nbsp;529580 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;20004 | &nbsp;&nbsp;&nbsp;3855571 |
| Matador Resources Company | &nbsp;&nbsp;18348 | &nbsp;&nbsp;&nbsp;&nbsp;824376 |
| Murphy Oil Corp. | &nbsp;&nbsp;37272 | &nbsp;&nbsp;&nbsp;1058898 |
| NACCO Industries, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22176 |
| Navigator Holdings, Ltd. | &nbsp;&nbsp;&nbsp;4027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62378 |
| Neste OYJ | &nbsp;&nbsp;48394 | &nbsp;&nbsp;&nbsp;&nbsp;889179 |
| New Fortress Energy, Inc. (A)(C) | &nbsp;&nbsp;20429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45148 |
| NextDecade Corp. (A) | &nbsp;&nbsp;16360 | &nbsp;&nbsp;&nbsp;&nbsp;111084 |
| Nordic American Tankers, Ltd. | &nbsp;&nbsp;25459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79941 |
| Northern Oil and Gas, Inc. | &nbsp;&nbsp;11485 | &nbsp;&nbsp;&nbsp;&nbsp;284828 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;48168 | &nbsp;&nbsp;&nbsp;2275938 |
| OMV AG | &nbsp;&nbsp;16846 | &nbsp;&nbsp;&nbsp;&nbsp;900045 |
| ONEOK, Inc. | &nbsp;&nbsp;40942 | &nbsp;&nbsp;&nbsp;2987538 |
| Ovintiv, Inc. | &nbsp;&nbsp;40300 | &nbsp;&nbsp;&nbsp;1627314 |
| Par Pacific Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;5950 | &nbsp;&nbsp;&nbsp;&nbsp;210749 |
| PBF Energy, Inc., Class A | &nbsp;&nbsp;23032 | &nbsp;&nbsp;&nbsp;&nbsp;694875 |
| Peabody Energy Corp. | &nbsp;&nbsp;14750 | &nbsp;&nbsp;&nbsp;&nbsp;391170 |
| Permian Resources Corp. | 102835 | &nbsp;&nbsp;&nbsp;1316288 |
| Phillips 66 | &nbsp;&nbsp;26547 | &nbsp;&nbsp;&nbsp;3610923 |
| Range Resources Corp. | &nbsp;&nbsp;37345 | &nbsp;&nbsp;&nbsp;1405666 |
| Repsol SA | 132390 | &nbsp;&nbsp;&nbsp;2354189 |
| REX American Resources Corp. (A) | &nbsp;&nbsp;&nbsp;3590 | &nbsp;&nbsp;&nbsp;&nbsp;109926 |
| Riley Exploration Permian, Inc. | &nbsp;&nbsp;&nbsp;1672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45328 |
| Sable Offshore Corp. (A) | &nbsp;&nbsp;&nbsp;9057 | &nbsp;&nbsp;&nbsp;&nbsp;158135 |
| SandRidge Energy, Inc. | &nbsp;&nbsp;&nbsp;5063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57111 |
| Santos, Ltd. | 371507 | &nbsp;&nbsp;&nbsp;1649809 |
| Scorpio Tankers, Inc. | &nbsp;&nbsp;&nbsp;5240 | &nbsp;&nbsp;&nbsp;&nbsp;293702 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| SFL Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;14802 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111459 |
| Shell PLC | &nbsp;&nbsp;674038 | &nbsp;&nbsp;&nbsp;24023383 |
| SM Energy Company | &nbsp;&nbsp;&nbsp;&nbsp;13668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341290 |
| Summit Midstream Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26168 |
| Talos Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141606 |
| Targa Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;14082 | &nbsp;&nbsp;&nbsp;&nbsp;2359298 |
| Teekay Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;6293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51477 |
| Teekay Tankers, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146140 |
| Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1281 | &nbsp;&nbsp;&nbsp;&nbsp;1195993 |
| The Williams Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;80122 | &nbsp;&nbsp;&nbsp;&nbsp;5075729 |
| TotalEnergies SE | &nbsp;&nbsp;234844 | &nbsp;&nbsp;&nbsp;14304023 |
| Uranium Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;50674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675991 |
| VAALCO Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50246 |
| Valero Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20420 | &nbsp;&nbsp;&nbsp;&nbsp;3476709 |
| Viper Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;26453 | &nbsp;&nbsp;&nbsp;&nbsp;1011034 |
| Vital Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61682 |
| Vitesse Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82606 |
| W&T Offshore, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25109 |
| Woodside Energy Group, Ltd. | &nbsp;&nbsp;217195 | &nbsp;&nbsp;&nbsp;&nbsp;3279853 |
| World Kinect Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171945 |
|  |  | 196219526 |
|  |  | 214876942 |
| **Financials – 16.9%** |  |  |
| **Banks – 7.3%** | **Banks – 7.3%** |  |
| 1st Source Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143250 |
| ABN AMRO Bank NV (B) | &nbsp;&nbsp;&nbsp;&nbsp;66701 | &nbsp;&nbsp;&nbsp;&nbsp;2139738 |
| ACNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56988 |
| AIB Group PLC | &nbsp;&nbsp;244415 | &nbsp;&nbsp;&nbsp;&nbsp;2228268 |
| Amalgamated Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76020 |
| Amerant Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88623 |
| Ameris Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;7717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565733 |
| Ames National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26225 |
| ANZ Group Holdings, Ltd. | &nbsp;&nbsp;341271 | &nbsp;&nbsp;&nbsp;&nbsp;7493809 |
| Arrow Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62232 |
| Associated Banc-Corp. | &nbsp;&nbsp;&nbsp;&nbsp;44623 | &nbsp;&nbsp;&nbsp;&nbsp;1147257 |
| Atlantic Union Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598942 |
| Axos Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546331 |
| Banc of California, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242573 |
| BancFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321942 |
| Banco Bilbao Vizcaya Argentaria SA (C) | &nbsp;&nbsp;659240 | &nbsp;&nbsp;&nbsp;12703320 |
| Banco BPM SpA | &nbsp;&nbsp;129989 | &nbsp;&nbsp;&nbsp;&nbsp;1950940 |
| Banco Comercial Portugues SA | &nbsp;&nbsp;950826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844090 |
| Banco de Sabadell SA | &nbsp;&nbsp;574660 | &nbsp;&nbsp;&nbsp;&nbsp;2243017 |
| Banco Santander SA | 1702682 | &nbsp;&nbsp;&nbsp;17868490 |
| Bank First Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137444 |
| Bank Hapoalim BM | &nbsp;&nbsp;142984 | &nbsp;&nbsp;&nbsp;&nbsp;2906461 |
| Bank Leumi Le-Israel BM | &nbsp;&nbsp;170858 | &nbsp;&nbsp;&nbsp;&nbsp;3366345 |
| Bank of America Corp. | &nbsp;&nbsp;447597 | &nbsp;&nbsp;&nbsp;23091529 |
| Bank of Hawaii Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305292 |
| Bank of Ireland Group PLC | &nbsp;&nbsp;110199 | &nbsp;&nbsp;&nbsp;&nbsp;1824600 |
| Bank of Marin Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;1866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45306 |
| Bank OZK | &nbsp;&nbsp;&nbsp;&nbsp;16598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846166 |
| Bank7 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25957 |
| BankFinancial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22400 |
| Bankinter SA | &nbsp;&nbsp;&nbsp;&nbsp;77117 | &nbsp;&nbsp;&nbsp;&nbsp;1219091 |
| BankUnited, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336419 |
| Bankwell Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37391 |
| Banner Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255188 |
| Banque Cantonale Vaudoise | &nbsp;&nbsp;&nbsp;&nbsp;3445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408224 |
| Bar Harbor Bankshares | &nbsp;&nbsp;&nbsp;&nbsp;1949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59367 |
| Barclays PLC | 1617730 | &nbsp;&nbsp;&nbsp;&nbsp;8323737 |
| BayCom Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40854 |
| Beacon Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235417 |
| Blue Foundry Bancorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;3233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29388 |
| Blue Ridge Bankshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34969 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| BNP Paribas SA | 116414 | $10647552 |
| BOC Hong Kong Holdings, Ltd. | 423286 | &nbsp;&nbsp;&nbsp;1982998 |
| BPER Banca SpA | 167277 | &nbsp;&nbsp;&nbsp;1860481 |
| Bridgewater Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;2752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48435 |
| Burke & Herbert Financial Services Corp. | &nbsp;&nbsp;&nbsp;1655 | &nbsp;&nbsp;&nbsp;&nbsp;102097 |
| Business First Bancshares, Inc. | &nbsp;&nbsp;&nbsp;3594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84854 |
| BV Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;1185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19102 |
| Byline Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3782 | &nbsp;&nbsp;&nbsp;&nbsp;104875 |
| C&F Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26678 |
| Cadence Bank | &nbsp;&nbsp;50980 | &nbsp;&nbsp;&nbsp;1913789 |
| CaixaBank SA | 445774 | &nbsp;&nbsp;&nbsp;4708228 |
| California BanCorp (A) | &nbsp;&nbsp;&nbsp;2763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46087 |
| Camden National Corp. | &nbsp;&nbsp;&nbsp;2088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80576 |
| Capital Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48711 |
| Capital City Bank Group, Inc. | &nbsp;&nbsp;&nbsp;1845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77103 |
| Capitol Federal Financial, Inc. | &nbsp;&nbsp;15144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96164 |
| Carter Bankshares, Inc. (A) | &nbsp;&nbsp;&nbsp;2926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56794 |
| Cathay General Bancorp | &nbsp;&nbsp;&nbsp;7985 | &nbsp;&nbsp;&nbsp;&nbsp;383360 |
| CB Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20756 |
| Central Pacific Financial Corp. | &nbsp;&nbsp;&nbsp;3245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98453 |
| Chemung Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30934 |
| ChoiceOne Financial Services, Inc. | &nbsp;&nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49087 |
| Citigroup, Inc. | 120755 | 12256633 |
| Citizens & Northern Corp. | &nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43463 |
| Citizens Community Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20971 |
| Citizens Financial Group, Inc. | &nbsp;&nbsp;27361 | &nbsp;&nbsp;&nbsp;1454511 |
| Citizens Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35264 |
| City Holding Company | &nbsp;&nbsp;&nbsp;1617 | &nbsp;&nbsp;&nbsp;&nbsp;200298 |
| Civista Bancshares, Inc. | &nbsp;&nbsp;&nbsp;2654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53903 |
| CNB Financial Corp. | &nbsp;&nbsp;&nbsp;3598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87072 |
| Coastal Financial Corp. (A) | &nbsp;&nbsp;&nbsp;1559 | &nbsp;&nbsp;&nbsp;&nbsp;168637 |
| Coastal South Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15332 |
| Colony Bankcorp, Inc. | &nbsp;&nbsp;&nbsp;2331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39650 |
| Columbia Banking System, Inc. | &nbsp;&nbsp;46885 | &nbsp;&nbsp;&nbsp;1206820 |
| Columbia Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;3933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59034 |
| Comerica, Inc. | &nbsp;&nbsp;20151 | &nbsp;&nbsp;&nbsp;1380747 |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;19457 | &nbsp;&nbsp;&nbsp;1162750 |
| Commerzbank AG | &nbsp;&nbsp;88082 | &nbsp;&nbsp;&nbsp;3334961 |
| Commonwealth Bank of Australia | 191421 | 21139296 |
| Community Financial System, Inc. | &nbsp;&nbsp;&nbsp;6443 | &nbsp;&nbsp;&nbsp;&nbsp;377818 |
| Community Trust Bancorp, Inc. | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;111900 |
| Community West Bancshares | &nbsp;&nbsp;&nbsp;2192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45681 |
| Concordia Financial Group, Ltd. | 117837 | &nbsp;&nbsp;&nbsp;&nbsp;902166 |
| ConnectOne Bancorp, Inc. | &nbsp;&nbsp;&nbsp;5861 | &nbsp;&nbsp;&nbsp;&nbsp;145411 |
| Credit Agricole SA | 121141 | &nbsp;&nbsp;&nbsp;2387214 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;10085 | &nbsp;&nbsp;&nbsp;1278475 |
| Customers Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;3533 | &nbsp;&nbsp;&nbsp;&nbsp;230952 |
| CVB Financial Corp. | &nbsp;&nbsp;15999 | &nbsp;&nbsp;&nbsp;&nbsp;302541 |
| Danske Bank A/S | &nbsp;&nbsp;76407 | &nbsp;&nbsp;&nbsp;3263691 |
| DBS Group Holdings, Ltd. | 243443 | &nbsp;&nbsp;&nbsp;9654408 |
| Dime Community Bancshares, Inc. | &nbsp;&nbsp;&nbsp;4852 | &nbsp;&nbsp;&nbsp;&nbsp;144735 |
| DNB Bank ASA | 101410 | &nbsp;&nbsp;&nbsp;2764030 |
| Eagle Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65331 |
| Eagle Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23455 |
| East West Bancorp, Inc. | &nbsp;&nbsp;21609 | &nbsp;&nbsp;&nbsp;2300278 |
| Eastern Bankshares, Inc. | &nbsp;&nbsp;23008 | &nbsp;&nbsp;&nbsp;&nbsp;417595 |
| Enterprise Financial Services Corp. | &nbsp;&nbsp;&nbsp;4411 | &nbsp;&nbsp;&nbsp;&nbsp;255750 |
| Equity Bancshares, Inc., Class A | &nbsp;&nbsp;&nbsp;1654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67318 |
| Erste Group Bank AG | &nbsp;&nbsp;35218 | &nbsp;&nbsp;&nbsp;3462020 |
| Esquire Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87563 |
| Farmers & Merchants Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43442 |
| Farmers National Banc Corp. | &nbsp;&nbsp;&nbsp;4757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68548 |
| FB Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26672 |
| FB Financial Corp. | &nbsp;&nbsp;&nbsp;4889 | &nbsp;&nbsp;&nbsp;&nbsp;272513 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Fidelity D&D Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29673 |
| Fifth Third Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;42962 | &nbsp;&nbsp;&nbsp;1913957 |
| Financial Institutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67102 |
| FinecoBank SpA | &nbsp;&nbsp;&nbsp;&nbsp;69957 | &nbsp;&nbsp;&nbsp;1518322 |
| First Bancorp (North Carolina) | &nbsp;&nbsp;&nbsp;&nbsp;4853 | &nbsp;&nbsp;&nbsp;&nbsp;256675 |
| First Bancorp (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp;19061 | &nbsp;&nbsp;&nbsp;&nbsp;420295 |
| First Bank | &nbsp;&nbsp;&nbsp;&nbsp;2855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46508 |
| First Busey Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10136 | &nbsp;&nbsp;&nbsp;&nbsp;234648 |
| First Business Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50184 |
| First Commonwealth Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12111 | &nbsp;&nbsp;&nbsp;&nbsp;206493 |
| First Community Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73150 |
| First Community Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25539 |
| First Financial Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;11596 | &nbsp;&nbsp;&nbsp;&nbsp;292799 |
| First Financial Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36502 | &nbsp;&nbsp;&nbsp;1228292 |
| First Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75517 |
| First Financial Northwest, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 |
| First Foundation, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44371 |
| First Horizon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;79607 | &nbsp;&nbsp;&nbsp;1799914 |
| First Internet Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;1052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23596 |
| First Interstate BancSystem, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;10456 | &nbsp;&nbsp;&nbsp;&nbsp;333233 |
| First Merchants Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7051 | &nbsp;&nbsp;&nbsp;&nbsp;265823 |
| First Mid Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2662 | &nbsp;&nbsp;&nbsp;&nbsp;100837 |
| First National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24086 |
| First Savings Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23384 |
| First United Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28203 |
| First Western Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24982 |
| Firstsun Capital Bancorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;1559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60474 |
| Five Star Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;2075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66815 |
| Flagstar Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;83586 | &nbsp;&nbsp;&nbsp;&nbsp;965418 |
| Flushing Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56787 |
| FNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;56310 | &nbsp;&nbsp;&nbsp;&nbsp;907154 |
| Franklin Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24886 |
| FS Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34052 |
| Fulton Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;21372 | &nbsp;&nbsp;&nbsp;&nbsp;398160 |
| FVCBankcorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29974 |
| GBank Financial Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44375 |
| German American Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4520 | &nbsp;&nbsp;&nbsp;&nbsp;177500 |
| Glacier Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32742 | &nbsp;&nbsp;&nbsp;1593553 |
| Great Southern Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66824 |
| Greene County Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22419 |
| Guaranty Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54405 |
| Hancock Whitney Corp. | &nbsp;&nbsp;&nbsp;&nbsp;23144 | &nbsp;&nbsp;&nbsp;1449046 |
| Hang Seng Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;86124 | &nbsp;&nbsp;&nbsp;1310542 |
| Hanmi Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90785 |
| HarborOne Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69142 |
| Hawthorn Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23746 |
| HBT Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35784 |
| Heritage Commerce Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69659 |
| Heritage Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97099 |
| Hilltop Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5244 | &nbsp;&nbsp;&nbsp;&nbsp;175254 |
| Home Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45905 |
| Home BancShares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50741 | &nbsp;&nbsp;&nbsp;1435970 |
| HomeTrust Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85196 |
| Hope Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15019 | &nbsp;&nbsp;&nbsp;&nbsp;161755 |
| Horizon Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87847 |
| HSBC Holdings PLC | 1995219 | 28158753 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99033 | &nbsp;&nbsp;&nbsp;1710300 |
| Independent Bank Corp. (Massachusetts) | &nbsp;&nbsp;&nbsp;&nbsp;5650 | &nbsp;&nbsp;&nbsp;&nbsp;390811 |
| Independent Bank Corp. (Michigan) | &nbsp;&nbsp;&nbsp;&nbsp;2537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78584 |
| ING Groep NV | &nbsp;&nbsp;345621 | &nbsp;&nbsp;&nbsp;9060717 |
| International Bancshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;15031 | &nbsp;&nbsp;&nbsp;1033381 |
| Intesa Sanpaolo SpA | 1629191 | 10783905 |
| Investar Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28247 |
| Israel Discount Bank, Ltd., Class A | &nbsp;&nbsp;140214 | &nbsp;&nbsp;&nbsp;1385276 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Japan Post Bank Company, Ltd. | &nbsp;&nbsp;204512 | $&nbsp;&nbsp;&nbsp;2504231 |
| John Marshall Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34844 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;180452 | 56919974 |
| KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp;26269 | &nbsp;&nbsp;&nbsp;3148051 |
| Kearny Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48605 |
| KeyCorp | &nbsp;&nbsp;&nbsp;&nbsp;60723 | &nbsp;&nbsp;&nbsp;1134913 |
| Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2962 | &nbsp;&nbsp;&nbsp;&nbsp;190160 |
| Landmark Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17028 |
| LCNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32888 |
| LINKBANCORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689 |
| Live Oak Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4326 | &nbsp;&nbsp;&nbsp;&nbsp;152362 |
| Lloyds Banking Group PLC | 6851804 | &nbsp;&nbsp;&nbsp;7753389 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10240 | &nbsp;&nbsp;&nbsp;2023629 |
| MainStreet Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19414 |
| Mechanics Bancorp, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;2316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30826 |
| Mediobanca Banca di Credito Finanziario SpA (C) | &nbsp;&nbsp;&nbsp;&nbsp;61955 | &nbsp;&nbsp;&nbsp;1255575 |
| Mercantile Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88155 |
| Meridian Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18569 |
| Metrocity Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74901 |
| Metropolitan Bank Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77065 |
| Mid Penn Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69996 |
| Middlefield Banc Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30640 |
| Midland States Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45850 |
| MidWestOne Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51148 |
| Mitsubishi UFJ Financial Group, Inc. | 1311360 | 21154032 |
| Mizrahi Tefahot Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;17839 | &nbsp;&nbsp;&nbsp;1172125 |
| Mizuho Financial Group, Inc. | &nbsp;&nbsp;287539 | &nbsp;&nbsp;&nbsp;9665868 |
| MVB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39094 |
| National Australia Bank, Ltd. | &nbsp;&nbsp;350368 | 10220848 |
| National Bank Holdings Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4533 | &nbsp;&nbsp;&nbsp;&nbsp;175155 |
| National Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27173 |
| NatWest Group PLC | &nbsp;&nbsp;926450 | &nbsp;&nbsp;&nbsp;6543840 |
| NB Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74677 |
| NBT Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6191 | &nbsp;&nbsp;&nbsp;&nbsp;258536 |
| Nicolet Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1639 | &nbsp;&nbsp;&nbsp;&nbsp;220446 |
| Nordea Bank ABP | &nbsp;&nbsp;357213 | &nbsp;&nbsp;&nbsp;5881077 |
| Northeast Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88341 |
| Northeast Community Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31328 |
| Northfield Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54197 |
| Northpointe Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23451 |
| Northrim BanCorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55623 |
| Northwest Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17033 | &nbsp;&nbsp;&nbsp;&nbsp;211039 |
| Norwood Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31165 |
| Oak Valley Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25128 |
| OceanFirst Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6825 | &nbsp;&nbsp;&nbsp;&nbsp;119915 |
| OFG Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;5390 | &nbsp;&nbsp;&nbsp;&nbsp;234411 |
| Old National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;95633 | &nbsp;&nbsp;&nbsp;2099144 |
| Old Second Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5810 | &nbsp;&nbsp;&nbsp;&nbsp;100426 |
| OP Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;1598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22244 |
| Orange County Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41622 |
| Origin Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3678 | &nbsp;&nbsp;&nbsp;&nbsp;126965 |
| Orrstown Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74552 |
| Oversea-Chinese Banking Corp., Ltd. | &nbsp;&nbsp;387340 | &nbsp;&nbsp;&nbsp;4938435 |
| Park National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1794 | &nbsp;&nbsp;&nbsp;&nbsp;291579 |
| Parke Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31829 |
| Pathward Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2775 | &nbsp;&nbsp;&nbsp;&nbsp;205378 |
| PCB Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;1479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31059 |
| Peapack-Gladstone Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55476 |
| Peoples Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4184 | &nbsp;&nbsp;&nbsp;&nbsp;125478 |
| Peoples Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56436 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12057 | &nbsp;&nbsp;&nbsp;1130826 |
| Pioneer Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19002 |
| Plumas Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40379 |
| Ponce Financial Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38147 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Preferred Bank | &nbsp;&nbsp;&nbsp;1315 | $&nbsp;&nbsp;&nbsp;&nbsp;118863 |
| Primis Financial Corp. | &nbsp;&nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33958 |
| Princeton Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23148 |
| Prosperity Bancshares, Inc. | &nbsp;&nbsp;14895 | &nbsp;&nbsp;&nbsp;&nbsp;988283 |
| Provident Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;2413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30235 |
| Provident Financial Services, Inc. | &nbsp;&nbsp;15524 | &nbsp;&nbsp;&nbsp;&nbsp;299303 |
| QCR Holdings, Inc. | &nbsp;&nbsp;&nbsp;1967 | &nbsp;&nbsp;&nbsp;&nbsp;148784 |
| RBB Bancorp | &nbsp;&nbsp;&nbsp;2140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40146 |
| Red River Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39151 |
| Regions Financial Corp. | &nbsp;&nbsp;56992 | &nbsp;&nbsp;&nbsp;1502879 |
| Renasant Corp. | &nbsp;&nbsp;10948 | &nbsp;&nbsp;&nbsp;&nbsp;403872 |
| Republic Bancorp, Inc., Class A | &nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76224 |
| Resona Holdings, Inc. | 237515 | &nbsp;&nbsp;&nbsp;2422011 |
| Richmond Mutual BanCorp, Inc. | &nbsp;&nbsp;&nbsp;1239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17606 |
| S&T Bancorp, Inc. | &nbsp;&nbsp;&nbsp;4629 | &nbsp;&nbsp;&nbsp;&nbsp;174004 |
| Seacoast Banking Corp. of Florida | &nbsp;&nbsp;10216 | &nbsp;&nbsp;&nbsp;&nbsp;310873 |
| ServisFirst Bancshares, Inc. | &nbsp;&nbsp;&nbsp;6133 | &nbsp;&nbsp;&nbsp;&nbsp;493890 |
| Shore Bancshares, Inc. | &nbsp;&nbsp;&nbsp;3957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64934 |
| Sierra Bancorp | &nbsp;&nbsp;&nbsp;1723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49812 |
| Simmons First National Corp., Class A | &nbsp;&nbsp;17077 | &nbsp;&nbsp;&nbsp;&nbsp;327366 |
| Skandinaviska Enskilda Banken AB, A Shares | 173169 | &nbsp;&nbsp;&nbsp;3395420 |
| SmartFinancial, Inc. | &nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67530 |
| Societe Generale SA | &nbsp;&nbsp;82391 | &nbsp;&nbsp;&nbsp;5485288 |
| South Plains Financial, Inc. | &nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64739 |
| Southern First Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;1026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45267 |
| Southern Missouri Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64176 |
| Southside Bancshares, Inc. | &nbsp;&nbsp;&nbsp;3638 | &nbsp;&nbsp;&nbsp;&nbsp;102774 |
| SouthState Bank Corp. | &nbsp;&nbsp;15868 | &nbsp;&nbsp;&nbsp;1568869 |
| SR Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17097 |
| Standard Chartered PLC | 226020 | &nbsp;&nbsp;&nbsp;4386493 |
| Stellar Bancorp, Inc. | &nbsp;&nbsp;&nbsp;5662 | &nbsp;&nbsp;&nbsp;&nbsp;171785 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;3226 | &nbsp;&nbsp;&nbsp;&nbsp;225788 |
| Sumitomo Mitsui Financial Group, Inc. | 422111 | 11875189 |
| Sumitomo Mitsui Trust Group, Inc. | &nbsp;&nbsp;73429 | &nbsp;&nbsp;&nbsp;2131204 |
| Svenska Handelsbanken AB, A Shares | 166839 | &nbsp;&nbsp;&nbsp;2176854 |
| Swedbank AB, A Shares | &nbsp;&nbsp;97114 | &nbsp;&nbsp;&nbsp;2931453 |
| Synovus Financial Corp. | &nbsp;&nbsp;21762 | &nbsp;&nbsp;&nbsp;1068079 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;12588 | &nbsp;&nbsp;&nbsp;1064064 |
| The Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;5494 | &nbsp;&nbsp;&nbsp;&nbsp;411446 |
| The Bank of NT Butterfield & Son, Ltd. | &nbsp;&nbsp;&nbsp;4965 | &nbsp;&nbsp;&nbsp;&nbsp;213098 |
| The Chiba Bank, Ltd. | &nbsp;&nbsp;64498 | &nbsp;&nbsp;&nbsp;&nbsp;676097 |
| The First Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43565 |
| The Hingham Institution for Savings | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48536 |
| The PNC Financial Services Group, Inc. | &nbsp;&nbsp;25849 | &nbsp;&nbsp;&nbsp;5193840 |
| Third Coast Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;1563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59347 |
| Timberland Bancorp, Inc. | &nbsp;&nbsp;&nbsp;1059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35244 |
| Tompkins Financial Corp. | &nbsp;&nbsp;&nbsp;1689 | &nbsp;&nbsp;&nbsp;&nbsp;111829 |
| Towne Bank | &nbsp;&nbsp;&nbsp;8775 | &nbsp;&nbsp;&nbsp;&nbsp;303352 |
| TriCo Bancshares | &nbsp;&nbsp;&nbsp;3839 | &nbsp;&nbsp;&nbsp;&nbsp;170490 |
| Triumph Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;2745 | &nbsp;&nbsp;&nbsp;&nbsp;137360 |
| Truist Financial Corp. | &nbsp;&nbsp;84514 | &nbsp;&nbsp;&nbsp;3863980 |
| Trustmark Corp. | &nbsp;&nbsp;&nbsp;6750 | &nbsp;&nbsp;&nbsp;&nbsp;267300 |
| U.S. Bancorp | 102031 | &nbsp;&nbsp;&nbsp;4931158 |
| UMB Financial Corp. | &nbsp;&nbsp;19751 | &nbsp;&nbsp;&nbsp;2337531 |
| UniCredit SpA | 160358 | 12202455 |
| United Bankshares, Inc. | &nbsp;&nbsp;38731 | &nbsp;&nbsp;&nbsp;1441181 |
| United Community Banks, Inc. | &nbsp;&nbsp;14707 | &nbsp;&nbsp;&nbsp;&nbsp;461064 |
| United Overseas Bank, Ltd. | 144269 | &nbsp;&nbsp;&nbsp;3874407 |
| Unity Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44716 |
| Univest Financial Corp. | &nbsp;&nbsp;&nbsp;3638 | &nbsp;&nbsp;&nbsp;&nbsp;109213 |
| USCB Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;1509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26332 |
| Valley National Bancorp | 132108 | &nbsp;&nbsp;&nbsp;1400345 |
| Veritex Holdings, Inc. | &nbsp;&nbsp;&nbsp;6314 | &nbsp;&nbsp;&nbsp;&nbsp;211708 |
| Virginia National Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25886 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| WaFd, Inc. | &nbsp;&nbsp;&nbsp;9353 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283302 |
| Washington Trust Bancorp, Inc. | &nbsp;&nbsp;&nbsp;2314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66875 |
| Webster Financial Corp. | &nbsp;&nbsp;26056 | &nbsp;&nbsp;&nbsp;&nbsp;1548769 |
| Wells Fargo & Company | 210267 | &nbsp;&nbsp;&nbsp;17624580 |
| WesBanco, Inc. | &nbsp;&nbsp;11267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359755 |
| West BanCorp, Inc. | &nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43891 |
| Westamerica BanCorp | &nbsp;&nbsp;&nbsp;2835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141722 |
| Western Alliance Bancorp | &nbsp;&nbsp;16230 | &nbsp;&nbsp;&nbsp;&nbsp;1407466 |
| Western New England Bancorp, Inc. | &nbsp;&nbsp;&nbsp;2603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31262 |
| Westpac Banking Corp. | 391433 | &nbsp;&nbsp;&nbsp;10085208 |
| Wintrust Financial Corp. | &nbsp;&nbsp;10497 | &nbsp;&nbsp;&nbsp;&nbsp;1390223 |
| WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;6505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350815 |
| Zions Bancorp NA | &nbsp;&nbsp;23145 | &nbsp;&nbsp;&nbsp;&nbsp;1309544 |
|  |  | 519256624 |
| **Capital markets – 3.2%** | **Capital markets – 3.2%** |  |
| 3i Group PLC | 111344 | &nbsp;&nbsp;&nbsp;&nbsp;6137609 |
| Acadian Asset Management, Inc. | &nbsp;&nbsp;&nbsp;3149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151656 |
| Affiliated Managers Group, Inc. | &nbsp;&nbsp;&nbsp;4455 | &nbsp;&nbsp;&nbsp;&nbsp;1062206 |
| AlTi Global, Inc. (A) | &nbsp;&nbsp;&nbsp;5809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20680 |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;6205 | &nbsp;&nbsp;&nbsp;&nbsp;3048206 |
| Amundi SA (B) | &nbsp;&nbsp;&nbsp;7049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560216 |
| Artisan Partners Asset Management, Inc., Class A | &nbsp;&nbsp;&nbsp;7487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324936 |
| ASX, Ltd. | &nbsp;&nbsp;22225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861368 |
| Bakkt Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44216 |
| BGC Group, Inc., Class A | &nbsp;&nbsp;43204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408710 |
| BlackRock, Inc. | &nbsp;&nbsp;&nbsp;9452 | &nbsp;&nbsp;&nbsp;11019803 |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;6651 | &nbsp;&nbsp;&nbsp;&nbsp;1631158 |
| CME Group, Inc. | &nbsp;&nbsp;23683 | &nbsp;&nbsp;&nbsp;&nbsp;6398910 |
| Cohen & Steers, Inc. | &nbsp;&nbsp;&nbsp;3410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223730 |
| Coinbase Global, Inc., Class A (A) | &nbsp;&nbsp;14841 | &nbsp;&nbsp;&nbsp;&nbsp;5008689 |
| CVC Capital Partners PLC (B) | &nbsp;&nbsp;24320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424657 |
| Daiwa Securities Group, Inc. | 152584 | &nbsp;&nbsp;&nbsp;&nbsp;1239909 |
| Deutsche Bank AG | 211710 | &nbsp;&nbsp;&nbsp;&nbsp;7497874 |
| Deutsche Boerse AG | &nbsp;&nbsp;21539 | &nbsp;&nbsp;&nbsp;&nbsp;5767951 |
| Diamond Hill Investment Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23802 |
| DigitalBridge Group, Inc. | &nbsp;&nbsp;20736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242611 |
| Donnelley Financial Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;3221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165656 |
| EQT AB | &nbsp;&nbsp;42369 | &nbsp;&nbsp;&nbsp;&nbsp;1469417 |
| Euronext NV (B) | &nbsp;&nbsp;&nbsp;8943 | &nbsp;&nbsp;&nbsp;&nbsp;1338870 |
| Evercore, Inc., Class A | &nbsp;&nbsp;&nbsp;6052 | &nbsp;&nbsp;&nbsp;&nbsp;2041461 |
| FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;2580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739144 |
| Federated Hermes, Inc. | &nbsp;&nbsp;11589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601817 |
| Forge Global Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21615 |
| Franklin Resources, Inc. | &nbsp;&nbsp;21079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487557 |
| Futu Holdings, Ltd., ADR | &nbsp;&nbsp;&nbsp;7047 | &nbsp;&nbsp;&nbsp;&nbsp;1225544 |
| GCM Grosvenor, Inc., Class A | &nbsp;&nbsp;&nbsp;6518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78672 |
| Hamilton Lane, Inc., Class A | &nbsp;&nbsp;&nbsp;6343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854973 |
| Hong Kong Exchanges & Clearing, Ltd. | 137772 | &nbsp;&nbsp;&nbsp;&nbsp;7821393 |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;8524 | &nbsp;&nbsp;&nbsp;&nbsp;1750148 |
| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;28590 | &nbsp;&nbsp;&nbsp;&nbsp;1967278 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp;37594 | &nbsp;&nbsp;&nbsp;&nbsp;6333837 |
| Invesco, Ltd. | &nbsp;&nbsp;30426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697972 |
| Janus Henderson Group PLC | &nbsp;&nbsp;19564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870794 |
| Japan Exchange Group, Inc. | 113511 | &nbsp;&nbsp;&nbsp;&nbsp;1267574 |
| Jefferies Financial Group, Inc. | &nbsp;&nbsp;25873 | &nbsp;&nbsp;&nbsp;&nbsp;1692612 |
| Julius Baer Group, Ltd. | &nbsp;&nbsp;23563 | &nbsp;&nbsp;&nbsp;&nbsp;1640749 |
| KKR & Company, Inc. | &nbsp;&nbsp;45049 | &nbsp;&nbsp;&nbsp;&nbsp;5854118 |
| London Stock Exchange Group PLC | &nbsp;&nbsp;54352 | &nbsp;&nbsp;&nbsp;&nbsp;6233253 |
| Macquarie Group, Ltd. | &nbsp;&nbsp;41417 | &nbsp;&nbsp;&nbsp;&nbsp;6011676 |
| Marex Group PLC | &nbsp;&nbsp;&nbsp;6381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214529 |
| Moelis & Company, Class A | &nbsp;&nbsp;&nbsp;8684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619343 |
| Moody's Corp. | &nbsp;&nbsp;10129 | &nbsp;&nbsp;&nbsp;&nbsp;4826266 |
| Morgan Stanley | &nbsp;&nbsp;79621 | &nbsp;&nbsp;&nbsp;12656554 |
| Morningstar, Inc. | &nbsp;&nbsp;&nbsp;3835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889758 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Capital markets (continued)** | **Capital markets (continued)** |  |
| MSCI, Inc. | &nbsp;&nbsp;&nbsp;5068 | $&nbsp;&nbsp;&nbsp;&nbsp;2875634 |
| Nasdaq, Inc. | &nbsp;&nbsp;29762 | &nbsp;&nbsp;&nbsp;&nbsp;2632449 |
| Nomura Holdings, Inc. | 343774 | &nbsp;&nbsp;&nbsp;&nbsp;2519406 |
| Northern Trust Corp. | &nbsp;&nbsp;12369 | &nbsp;&nbsp;&nbsp;&nbsp;1664867 |
| Open Lending Corp. (A) | &nbsp;&nbsp;13513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28512 |
| P10, Inc., Class A | &nbsp;&nbsp;&nbsp;7560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82253 |
| Partners Group Holding AG | &nbsp;&nbsp;&nbsp;2596 | &nbsp;&nbsp;&nbsp;&nbsp;3396634 |
| Patria Investments, Ltd., Class A | &nbsp;&nbsp;&nbsp;8134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118756 |
| Perella Weinberg Partners | &nbsp;&nbsp;&nbsp;7377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157278 |
| Piper Sandler Companies | &nbsp;&nbsp;&nbsp;2056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713411 |
| PJT Partners, Inc., Class A | &nbsp;&nbsp;&nbsp;2751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488935 |
| Raymond James Financial, Inc. | &nbsp;&nbsp;11664 | &nbsp;&nbsp;&nbsp;&nbsp;2013206 |
| Robinhood Markets, Inc., Class A (A) | &nbsp;&nbsp;50792 | &nbsp;&nbsp;&nbsp;&nbsp;7272399 |
| S&P Global, Inc. | &nbsp;&nbsp;20511 | &nbsp;&nbsp;&nbsp;&nbsp;9982909 |
| SBI Holdings, Inc. | &nbsp;&nbsp;32092 | &nbsp;&nbsp;&nbsp;&nbsp;1397204 |
| Schroders PLC | &nbsp;&nbsp;82911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420734 |
| SEI Investments Company | &nbsp;&nbsp;14731 | &nbsp;&nbsp;&nbsp;&nbsp;1249925 |
| Silvercrest Asset Management Group, Inc., Class A | &nbsp;&nbsp;&nbsp;1688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26586 |
| Singapore Exchange, Ltd. | &nbsp;&nbsp;98071 | &nbsp;&nbsp;&nbsp;&nbsp;1258975 |
| State Street Corp. | &nbsp;&nbsp;18394 | &nbsp;&nbsp;&nbsp;&nbsp;2133888 |
| StepStone Group, Inc., Class A | &nbsp;&nbsp;&nbsp;8296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541812 |
| Stifel Financial Corp. | &nbsp;&nbsp;16019 | &nbsp;&nbsp;&nbsp;&nbsp;1817676 |
| StoneX Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551326 |
| T. Rowe Price Group, Inc. | &nbsp;&nbsp;13921 | &nbsp;&nbsp;&nbsp;&nbsp;1428851 |
| The Bank of New York Mellon Corp. | &nbsp;&nbsp;46344 | &nbsp;&nbsp;&nbsp;&nbsp;5049642 |
| The Blackstone Group, Inc. | &nbsp;&nbsp;48381 | &nbsp;&nbsp;&nbsp;&nbsp;8265894 |
| The Carlyle Group, Inc. | &nbsp;&nbsp;40831 | &nbsp;&nbsp;&nbsp;&nbsp;2560104 |
| The Charles Schwab Corp. | 112047 | &nbsp;&nbsp;&nbsp;10697127 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;19885 | &nbsp;&nbsp;&nbsp;15835420 |
| UBS Group AG | 363119 | &nbsp;&nbsp;&nbsp;14929108 |
| Victory Capital Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;5318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344394 |
| Virtus Investment Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149174 |
| Westwood Holdings Group, Inc. | &nbsp;&nbsp;&nbsp;1224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20184 |
| WisdomTree, Inc. | &nbsp;&nbsp;14358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199576 |
|  |  | 225295726 |
| **Consumer finance – 0.4%** | **Consumer finance – 0.4%** |  |
| Ally Financial, Inc. | &nbsp;&nbsp;43916 | &nbsp;&nbsp;&nbsp;&nbsp;1721507 |
| American Express Company | &nbsp;&nbsp;35635 | &nbsp;&nbsp;&nbsp;11836522 |
| Atlanticus Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38897 |
| Bread Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;5593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311922 |
| Capital One Financial Corp. | &nbsp;&nbsp;41979 | &nbsp;&nbsp;&nbsp;&nbsp;8923896 |
| Dave, Inc. (A) | &nbsp;&nbsp;&nbsp;1121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223471 |
| Encore Capital Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117916 |
| Enova International, Inc. (A) | &nbsp;&nbsp;&nbsp;2813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323748 |
| FirstCash Holdings, Inc. | &nbsp;&nbsp;10828 | &nbsp;&nbsp;&nbsp;&nbsp;1715372 |
| Green Dot Corp., Class A (A) | &nbsp;&nbsp;&nbsp;6566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88181 |
| Jefferson Capital, Inc. | &nbsp;&nbsp;&nbsp;1218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21023 |
| LendingClub Corp. (A) | &nbsp;&nbsp;13700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208103 |
| LendingTree, Inc. (A) | &nbsp;&nbsp;&nbsp;1356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87774 |
| Medallion Financial Corp. | &nbsp;&nbsp;&nbsp;2161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21826 |
| Navient Corp. | &nbsp;&nbsp;&nbsp;8469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111367 |
| Nelnet, Inc., Class A | &nbsp;&nbsp;&nbsp;1504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188572 |
| NerdWallet, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56081 |
| Oportun Financial Corp. (A) | &nbsp;&nbsp;&nbsp;4213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25994 |
| OppFi, Inc. (C) | &nbsp;&nbsp;&nbsp;2836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32132 |
| PRA Group, Inc. (A) | &nbsp;&nbsp;&nbsp;4810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74266 |
| PROG Holdings, Inc. | &nbsp;&nbsp;&nbsp;4847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156849 |
| Regional Management Corp. | &nbsp;&nbsp;&nbsp;1180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45973 |
| SLM Corp. | &nbsp;&nbsp;32687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904776 |
| Synchrony Financial | &nbsp;&nbsp;24396 | &nbsp;&nbsp;&nbsp;&nbsp;1733336 |
| Upstart Holdings, Inc. (A)(C) | &nbsp;&nbsp;10009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508457 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer finance (continued)** | **Consumer finance (continued)** |  |
| World Acceptance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;276 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46683 |
|  |  | 29524644 |
| **Financial services – 2.7%** | **Financial services – 2.7%** |  |
| Acacia Research Corp. (A) | &nbsp;&nbsp;&nbsp;5662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18402 |
| Adyen NV (A)(B) | &nbsp;&nbsp;&nbsp;2883 | &nbsp;&nbsp;&nbsp;4638975 |
| Alerus Financial Corp. | &nbsp;&nbsp;&nbsp;2876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63675 |
| Apollo Global Management, Inc. | &nbsp;&nbsp;29893 | &nbsp;&nbsp;&nbsp;3983840 |
| AvidXchange Holdings, Inc. (A) | &nbsp;&nbsp;20891 | &nbsp;&nbsp;&nbsp;&nbsp;207865 |
| Banca Mediolanum SpA | &nbsp;&nbsp;25577 | &nbsp;&nbsp;&nbsp;&nbsp;513708 |
| Banco Latinoamericano de Comercio Exterior SA, Class E | &nbsp;&nbsp;&nbsp;3511 | &nbsp;&nbsp;&nbsp;&nbsp;161401 |
| Berkshire Hathaway, Inc., Class B (A) | 120308 | 60483644 |
| Better Home & Finance Holding Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35144 |
| Block, Inc. (A) | &nbsp;&nbsp;36038 | &nbsp;&nbsp;&nbsp;2604466 |
| Burford Capital, Ltd. | &nbsp;&nbsp;24146 | &nbsp;&nbsp;&nbsp;&nbsp;288786 |
| Cannae Holdings, Inc. | &nbsp;&nbsp;&nbsp;7206 | &nbsp;&nbsp;&nbsp;&nbsp;131942 |
| Cantaloupe, Inc. (A) | &nbsp;&nbsp;&nbsp;7578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80099 |
| Cass Information Systems, Inc. | &nbsp;&nbsp;&nbsp;1556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61197 |
| Compass Diversified Holdings | &nbsp;&nbsp;&nbsp;9060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59977 |
| Corpay, Inc. (A) | &nbsp;&nbsp;&nbsp;4792 | &nbsp;&nbsp;&nbsp;1380384 |
| Edenred SE | &nbsp;&nbsp;27441 | &nbsp;&nbsp;&nbsp;&nbsp;653500 |
| Enact Holdings, Inc. | &nbsp;&nbsp;&nbsp;3529 | &nbsp;&nbsp;&nbsp;&nbsp;135302 |
| Equitable Holdings, Inc. | &nbsp;&nbsp;46963 | &nbsp;&nbsp;&nbsp;2384781 |
| Essent Group, Ltd. | &nbsp;&nbsp;26899 | &nbsp;&nbsp;&nbsp;1709700 |
| Euronet Worldwide, Inc. (A) | &nbsp;&nbsp;&nbsp;6042 | &nbsp;&nbsp;&nbsp;&nbsp;530548 |
| EVERTEC, Inc. | &nbsp;&nbsp;&nbsp;7894 | &nbsp;&nbsp;&nbsp;&nbsp;266659 |
| EXOR NV | &nbsp;&nbsp;10694 | &nbsp;&nbsp;&nbsp;1046683 |
| Federal Agricultural Mortgage Corp., Class C | &nbsp;&nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;188474 |
| Fidelity National Information Services, Inc. | &nbsp;&nbsp;34066 | &nbsp;&nbsp;&nbsp;2246312 |
| Fiserv, Inc. (A) | &nbsp;&nbsp;35730 | &nbsp;&nbsp;&nbsp;4606669 |
| Flywire Corp. (A) | &nbsp;&nbsp;14307 | &nbsp;&nbsp;&nbsp;&nbsp;193717 |
| Global Payments, Inc. | &nbsp;&nbsp;15281 | &nbsp;&nbsp;&nbsp;1269545 |
| Groupe Bruxelles Lambert NV | &nbsp;&nbsp;&nbsp;9140 | &nbsp;&nbsp;&nbsp;&nbsp;819393 |
| HA Sustainable Infrastructure Capital, Inc. | &nbsp;&nbsp;14233 | &nbsp;&nbsp;&nbsp;&nbsp;436953 |
| Industrivarden AB, A Shares | &nbsp;&nbsp;13557 | &nbsp;&nbsp;&nbsp;&nbsp;538586 |
| Industrivarden AB, C Shares | &nbsp;&nbsp;17828 | &nbsp;&nbsp;&nbsp;&nbsp;707657 |
| Infratil, Ltd. | 106450 | &nbsp;&nbsp;&nbsp;&nbsp;762948 |
| International Money Express, Inc. (A) | &nbsp;&nbsp;&nbsp;3613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50474 |
| Investor AB, B Shares | 197981 | &nbsp;&nbsp;&nbsp;6197659 |
| Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;4950 | &nbsp;&nbsp;&nbsp;&nbsp;737204 |
| Jackson Financial, Inc., Class A | &nbsp;&nbsp;&nbsp;8502 | &nbsp;&nbsp;&nbsp;&nbsp;860657 |
| L.E. Lundbergforetagen AB, B Shares | &nbsp;&nbsp;&nbsp;8692 | &nbsp;&nbsp;&nbsp;&nbsp;451636 |
| LoanDepot, Inc., Class A (A) | &nbsp;&nbsp;10110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31038 |
| M&G PLC | 261297 | &nbsp;&nbsp;&nbsp;&nbsp;891102 |
| Marqeta, Inc., Class A (A) | &nbsp;&nbsp;46854 | &nbsp;&nbsp;&nbsp;&nbsp;247389 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;54168 | 30811300 |
| Merchants Bancorp | &nbsp;&nbsp;&nbsp;3227 | &nbsp;&nbsp;&nbsp;&nbsp;102619 |
| MGIC Investment Corp. | &nbsp;&nbsp;36143 | &nbsp;&nbsp;&nbsp;1025377 |
| Mitsubishi HC Capital, Inc. | 100700 | &nbsp;&nbsp;&nbsp;&nbsp;831851 |
| NCR Atleos Corp. (A) | &nbsp;&nbsp;&nbsp;8859 | &nbsp;&nbsp;&nbsp;&nbsp;348247 |
| NewtekOne, Inc. | &nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35243 |
| Nexi SpA (B) | &nbsp;&nbsp;63330 | &nbsp;&nbsp;&nbsp;&nbsp;358783 |
| NMI Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;9369 | &nbsp;&nbsp;&nbsp;&nbsp;359207 |
| Onity Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32767 |
| ORIX Corp. | 133027 | &nbsp;&nbsp;&nbsp;3491424 |
| PagSeguro Digital, Ltd., Class A | &nbsp;&nbsp;21383 | &nbsp;&nbsp;&nbsp;&nbsp;213830 |
| Payoneer Global, Inc. (A) | &nbsp;&nbsp;34002 | &nbsp;&nbsp;&nbsp;&nbsp;205712 |
| PayPal Holdings, Inc. (A) | &nbsp;&nbsp;62638 | &nbsp;&nbsp;&nbsp;4200504 |
| Paysafe, Ltd. (A) | &nbsp;&nbsp;&nbsp;4063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52494 |
| Paysign, Inc. (A) | &nbsp;&nbsp;&nbsp;4328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27223 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp;435810 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financial services (continued)** | **Financial services (continued)** |  |
| Priority Technology Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3040 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20885 |
| Radian Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574703 |
| Remitly Global, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;19810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322903 |
| Repay Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50935 |
| Security National Financial Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;1937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16794 |
| Sezzle, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151107 |
| Shift4 Payments, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;10550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816570 |
| Sofina SA | &nbsp;&nbsp;&nbsp;&nbsp;1763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521275 |
| StoneCo, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;29913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565655 |
| The Western Union Company | &nbsp;&nbsp;&nbsp;&nbsp;50636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404582 |
| Triller Group, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;12586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10448 |
| TrustCo Bank Corp. NY | &nbsp;&nbsp;&nbsp;&nbsp;2222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80659 |
| Velocity Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27010 |
| Visa, Inc., Class A | &nbsp;&nbsp;111467 | &nbsp;&nbsp;&nbsp;38052604 |
| Voya Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15117 | &nbsp;&nbsp;&nbsp;&nbsp;1130752 |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333226 |
| Washington H. Soul Pattinson & Company, Ltd. (C) | &nbsp;&nbsp;&nbsp;&nbsp;27350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696351 |
| Waterstone Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35084 |
| WEX, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846251 |
| Wise PLC, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;76213 | &nbsp;&nbsp;&nbsp;&nbsp;1062432 |
|  |  | 190930708 |
| **Insurance – 3.2%** | **Insurance – 3.2%** |  |
| Abacus Global Management, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27189 |
| Admiral Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;29782 | &nbsp;&nbsp;&nbsp;&nbsp;1344157 |
| Aegon, Ltd. | &nbsp;&nbsp;151235 | &nbsp;&nbsp;&nbsp;&nbsp;1219257 |
| Aflac, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31745 | &nbsp;&nbsp;&nbsp;&nbsp;3545917 |
| Ageas SA/NV | &nbsp;&nbsp;&nbsp;&nbsp;17067 | &nbsp;&nbsp;&nbsp;&nbsp;1183705 |
| AIA Group, Ltd. | 1215929 | &nbsp;&nbsp;&nbsp;11653418 |
| Allianz SE | &nbsp;&nbsp;&nbsp;&nbsp;44172 | &nbsp;&nbsp;&nbsp;18584348 |
| Ambac Financial Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39723 |
| American Coastal Insurance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33669 |
| American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10852 | &nbsp;&nbsp;&nbsp;&nbsp;1581353 |
| American Integrity Insurance Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16866 |
| American International Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36430 | &nbsp;&nbsp;&nbsp;&nbsp;2861212 |
| AMERISAFE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101577 |
| Aon PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;14155 | &nbsp;&nbsp;&nbsp;&nbsp;5047390 |
| Arch Capital Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;24104 | &nbsp;&nbsp;&nbsp;&nbsp;2186956 |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;&nbsp;&nbsp;16858 | &nbsp;&nbsp;&nbsp;&nbsp;5221597 |
| Aspen Insurance Holdings, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;1854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68060 |
| ASR Nederland NV | &nbsp;&nbsp;&nbsp;&nbsp;17940 | &nbsp;&nbsp;&nbsp;&nbsp;1220805 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746404 |
| Ategrity Specialty Holdings LLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15302 |
| Aviva PLC | &nbsp;&nbsp;349674 | &nbsp;&nbsp;&nbsp;&nbsp;3234760 |
| AXA SA | &nbsp;&nbsp;202739 | &nbsp;&nbsp;&nbsp;&nbsp;9722357 |
| Baloise Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;4715 | &nbsp;&nbsp;&nbsp;&nbsp;1166943 |
| Bowhead Specialty Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53269 |
| Brighthouse Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475650 |
| Brown & Brown, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19052 | &nbsp;&nbsp;&nbsp;&nbsp;1786887 |
| Chubb, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;24375 | &nbsp;&nbsp;&nbsp;&nbsp;6879844 |
| Cincinnati Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9908 | &nbsp;&nbsp;&nbsp;&nbsp;1566455 |
| Citizens, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;5945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31211 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26269 | &nbsp;&nbsp;&nbsp;&nbsp;1038939 |
| Crawford & Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;2311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24728 |
| Dai-ichi Life Holdings, Inc. | &nbsp;&nbsp;402150 | &nbsp;&nbsp;&nbsp;&nbsp;3163378 |
| Donegal Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40583 |
| Employers Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123022 |
| Erie Indemnity Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539281 |
| Everest Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2892 | &nbsp;&nbsp;&nbsp;&nbsp;1012865 |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81490 |
| Fidelis Insurance Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130880 |
| Fidelity National Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40046 | &nbsp;&nbsp;&nbsp;&nbsp;2422383 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Insurance (continued)** | **Insurance (continued)** |  |
| First American Financial Corp. | &nbsp;&nbsp;15961 | $1025335 |
| Generali | &nbsp;&nbsp;97500 | 3831753 |
| Genworth Financial, Inc. (A) | &nbsp;&nbsp;48001 | &nbsp;&nbsp;&nbsp;&nbsp;427209 |
| Gjensidige Forsikring ASA | &nbsp;&nbsp;22879 | &nbsp;&nbsp;&nbsp;&nbsp;672337 |
| Globe Life, Inc. | &nbsp;&nbsp;&nbsp;5611 | &nbsp;&nbsp;&nbsp;&nbsp;802205 |
| Goosehead Insurance, Inc., Class A | &nbsp;&nbsp;&nbsp;2893 | &nbsp;&nbsp;&nbsp;&nbsp;215297 |
| Greenlight Capital Re, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;3501 | &nbsp;&nbsp;&nbsp;&nbsp;44463 |
| Hamilton Insurance Group, Ltd., Class B (A) | &nbsp;&nbsp;&nbsp;5441 | &nbsp;&nbsp;&nbsp;&nbsp;134937 |
| Hannover Rueck SE | &nbsp;&nbsp;&nbsp;6897 | 2081230 |
| HCI Group, Inc. | &nbsp;&nbsp;&nbsp;1218 | &nbsp;&nbsp;&nbsp;&nbsp;233771 |
| Helvetia Holding AG | &nbsp;&nbsp;&nbsp;4246 | 1043413 |
| Heritage Insurance Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2712 | &nbsp;&nbsp;&nbsp;&nbsp;68288 |
| Hippo Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2195 | &nbsp;&nbsp;&nbsp;&nbsp;79371 |
| Horace Mann Educators Corp. | &nbsp;&nbsp;&nbsp;4907 | &nbsp;&nbsp;&nbsp;&nbsp;221649 |
| Insurance Australia Group, Ltd. | 270555 | 1466065 |
| Investors Title Company | &nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp;42317 |
| James River Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;4718 | &nbsp;&nbsp;&nbsp;&nbsp;26185 |
| Japan Post Holdings Company, Ltd. | 204032 | 2025078 |
| Japan Post Insurance Company, Ltd. | &nbsp;&nbsp;21265 | &nbsp;&nbsp;&nbsp;&nbsp;602672 |
| Kemper Corp. | &nbsp;&nbsp;&nbsp;9837 | &nbsp;&nbsp;&nbsp;&nbsp;507097 |
| Kingstone Companies, Inc. | &nbsp;&nbsp;&nbsp;1299 | &nbsp;&nbsp;&nbsp;&nbsp;19095 |
| Kingsway Financial Services, Inc. (A) | &nbsp;&nbsp;&nbsp;2967 | &nbsp;&nbsp;&nbsp;&nbsp;43378 |
| Kinsale Capital Group, Inc. | &nbsp;&nbsp;&nbsp;3470 | 1475652 |
| Legal & General Group PLC | 656003 | 2107025 |
| Lemonade, Inc. (A) | &nbsp;&nbsp;&nbsp;6726 | &nbsp;&nbsp;&nbsp;&nbsp;360043 |
| Loews Corp. | &nbsp;&nbsp;10688 | 1072968 |
| Marsh & McLennan Companies, Inc. | &nbsp;&nbsp;32346 | 6518689 |
| MBIA, Inc. (A) | &nbsp;&nbsp;&nbsp;5757 | &nbsp;&nbsp;&nbsp;&nbsp;42890 |
| Medibank Private, Ltd. | 315031 | 1003625 |
| Mercury General Corp. | &nbsp;&nbsp;&nbsp;3237 | &nbsp;&nbsp;&nbsp;&nbsp;274433 |
| MetLife, Inc. | &nbsp;&nbsp;36643 | 3018284 |
| MS&AD Insurance Group Holdings, Inc. (C) | 147182 | 3333073 |
| Muenchener Rueckversicherungs-Gesellschaft AG | &nbsp;&nbsp;14944 | 9541358 |
| NN Group NV | &nbsp;&nbsp;30768 | 2169684 |
| Old Republic International Corp. | &nbsp;&nbsp;35840 | 1522125 |
| Oscar Health, Inc., Class A (A) | &nbsp;&nbsp;23222 | &nbsp;&nbsp;&nbsp;&nbsp;439592 |
| Palomar Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3189 | &nbsp;&nbsp;&nbsp;&nbsp;372316 |
| Phoenix Group Holdings PLC | &nbsp;&nbsp;80357 | &nbsp;&nbsp;&nbsp;&nbsp;697261 |
| Poste Italiane SpA (B) | &nbsp;&nbsp;52289 | 1242964 |
| Primerica, Inc. | &nbsp;&nbsp;&nbsp;5078 | 1409602 |
| Principal Financial Group, Inc. | &nbsp;&nbsp;12652 | 1048977 |
| ProAssurance Corp. (A) | &nbsp;&nbsp;&nbsp;6183 | &nbsp;&nbsp;&nbsp;&nbsp;148330 |
| Prudential Financial, Inc. | &nbsp;&nbsp;22990 | 2384983 |
| Prudential PLC | 295329 | 4134518 |
| QBE Insurance Group, Ltd. | 172726 | 2350500 |
| Reinsurance Group of America, Inc. | &nbsp;&nbsp;10363 | 1991043 |
| RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;&nbsp;7379 | 1873749 |
| RLI Corp. | &nbsp;&nbsp;14397 | &nbsp;&nbsp;&nbsp;&nbsp;938972 |
| Root, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1387 | &nbsp;&nbsp;&nbsp;&nbsp;124150 |
| Ryan Specialty Holdings, Inc. | &nbsp;&nbsp;17666 | &nbsp;&nbsp;&nbsp;&nbsp;995656 |
| Safety Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;&nbsp;124344 |
| Sampo OYJ, A Shares | 276955 | 3184137 |
| Selective Insurance Group, Inc. | &nbsp;&nbsp;16620 | 1347383 |
| SelectQuote, Inc. (A) | &nbsp;&nbsp;16758 | &nbsp;&nbsp;&nbsp;&nbsp;32846 |
| SiriusPoint, Ltd. (A) | &nbsp;&nbsp;12490 | &nbsp;&nbsp;&nbsp;&nbsp;225944 |
| Skyward Specialty Insurance Group, Inc. (A) | &nbsp;&nbsp;&nbsp;4319 | &nbsp;&nbsp;&nbsp;&nbsp;205412 |
| Slide Insurance Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3186 | &nbsp;&nbsp;&nbsp;&nbsp;50291 |
| Sompo Holdings, Inc. | 101520 | 3138545 |
| Sony Financial Group, Inc. (A) | 703454 | &nbsp;&nbsp;&nbsp;&nbsp;780109 |
| Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;3343 | &nbsp;&nbsp;&nbsp;&nbsp;245109 |
| Suncorp Group, Ltd. | 123863 | 1660717 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Insurance (continued)** | **Insurance (continued)** |  |
| Swiss Life Holding AG | &nbsp;&nbsp;&nbsp;3264 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3523851 |
| Swiss Re AG | &nbsp;&nbsp;34174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6347031 |
| T&D Holdings, Inc. | &nbsp;&nbsp;56003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1368922 |
| Talanx AG | &nbsp;&nbsp;&nbsp;7385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984623 |
| The Allstate Corp. | &nbsp;&nbsp;17330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3719885 |
| The Baldwin Insurance Group, Inc. (A) | &nbsp;&nbsp;&nbsp;8538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240857 |
| The Hanover Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;5608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018581 |
| The Hartford Insurance Group, Inc. | &nbsp;&nbsp;18467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2463313 |
| The Phoenix Holdings, Ltd. | &nbsp;&nbsp;25846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967780 |
| The Progressive Corp. | &nbsp;&nbsp;38528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9514490 |
| The Travelers Companies, Inc. | &nbsp;&nbsp;14780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4126872 |
| Tiptree, Inc. | &nbsp;&nbsp;&nbsp;2989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57299 |
| Tokio Marine Holdings, Inc. | 210162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8894715 |
| Trupanion, Inc. (A) | &nbsp;&nbsp;&nbsp;4492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194414 |
| Tryg A/S | &nbsp;&nbsp;38464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976570 |
| Unipol Assicurazioni SpA | &nbsp;&nbsp;41036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882175 |
| United Fire Group, Inc. | &nbsp;&nbsp;&nbsp;2592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78849 |
| Universal Insurance Holdings, Inc. | &nbsp;&nbsp;&nbsp;3064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80583 |
| Unum Group | &nbsp;&nbsp;24566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1910743 |
| W.R. Berkley Corp. | &nbsp;&nbsp;18858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444900 |
| Willis Towers Watson PLC | &nbsp;&nbsp;&nbsp;6405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2212607 |
| Zurich Insurance Group AG | &nbsp;&nbsp;16741 | &nbsp;&nbsp;&nbsp;&nbsp;11966181 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;232369515 |
| **Mortgage real estate investment trusts – 0.1%** | **Mortgage real estate investment trusts – 0.1%** |  |
| ACRES Commercial Realty Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18409 |
| Adamas Trust, Inc. | &nbsp;&nbsp;10222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71247 |
| AG Mortgage Investment Trust, Inc. | &nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25521 |
| Annaly Capital Management, Inc. | 100667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2034480 |
| Apollo Commercial Real Estate Finance, Inc. | &nbsp;&nbsp;17060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172818 |
| Arbor Realty Trust, Inc. | &nbsp;&nbsp;22986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280659 |
| Ares Commercial Real Estate Corp. | &nbsp;&nbsp;&nbsp;6435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29022 |
| ARMOUR Residential REIT, Inc. | &nbsp;&nbsp;12867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192233 |
| Blackstone Mortgage Trust, Inc., Class A | &nbsp;&nbsp;19489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358792 |
| BrightSpire Capital, Inc. | &nbsp;&nbsp;16036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87075 |
| Chicago Atlantic Real Estate Finance, Inc. | &nbsp;&nbsp;&nbsp;2112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27012 |
| Chimera Investment Corp. | &nbsp;&nbsp;&nbsp;9528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125960 |
| Claros Mortgage Trust, Inc. (A) | &nbsp;&nbsp;11563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38389 |
| Dynex Capital, Inc. | &nbsp;&nbsp;14849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182494 |
| Ellington Financial, Inc. | &nbsp;&nbsp;10908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141586 |
| Franklin BSP Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;9858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107058 |
| Invesco Mortgage Capital, Inc. | &nbsp;&nbsp;&nbsp;7648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57819 |
| KKR Real Estate Finance Trust, Inc. | &nbsp;&nbsp;&nbsp;6831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61479 |
| Ladder Capital Corp. | &nbsp;&nbsp;13986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152587 |
| MFA Financial, Inc. | &nbsp;&nbsp;12041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110657 |
| Orchid Island Capital, Inc. | &nbsp;&nbsp;14413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101035 |
| PennyMac Mortgage Investment Trust | &nbsp;&nbsp;10298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126253 |
| Ready Capital Corp. | &nbsp;&nbsp;20473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79231 |
| Redwood Trust, Inc. | &nbsp;&nbsp;16172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93636 |
| Rithm Property Trust, Inc. | &nbsp;&nbsp;&nbsp;6512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16410 |
| Seven Hills Realty Trust | &nbsp;&nbsp;&nbsp;2307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23785 |
| Starwood Property Trust, Inc. | &nbsp;&nbsp;54108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1048072 |
| TPG RE Finance Trust, Inc. | &nbsp;&nbsp;&nbsp;8167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69910 |
| Two Harbors Investment Corp. | &nbsp;&nbsp;12460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122980 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5956609 |
|  |  | 1203333826 |
| **Health care – 9.5%** |  |  |
| **Biotechnology – 1.6%** | **Biotechnology – 1.6%** |  |
| 4D Molecular Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;4956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43068 |
| 89bio, Inc. (A) | &nbsp;&nbsp;15236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223969 |
| AbbVie, Inc. | 115870 | &nbsp;&nbsp;&nbsp;&nbsp;26828540 |
| Abeona Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;5352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28259 |
| Absci Corp. (A)(C) | &nbsp;&nbsp;16878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51309 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| ACADIA Pharmaceuticals, Inc. (A) | 15013 | $&nbsp;&nbsp;&nbsp;&nbsp;320377 |
| ADC Therapeutics SA (A) | &nbsp;&nbsp;8584 | &nbsp;&nbsp;&nbsp;&nbsp;34336 |
| ADMA Biologics, Inc. (A) | 27945 | &nbsp;&nbsp;&nbsp;&nbsp;409674 |
| Aduro Biotech, Inc. (A)(D) | &nbsp;&nbsp;2435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412 |
| Agios Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6832 | &nbsp;&nbsp;&nbsp;&nbsp;274236 |
| Akebia Therapeutics, Inc. (A) | 30472 | &nbsp;&nbsp;&nbsp;&nbsp;83189 |
| Akero Therapeutics, Inc. (A) | &nbsp;&nbsp;8457 | &nbsp;&nbsp;&nbsp;&nbsp;401538 |
| Albireo Pharma, Inc. (A)(D) | &nbsp;&nbsp;2883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6198 |
| Aldeyra Therapeutics, Inc. (A) | &nbsp;&nbsp;6664 | &nbsp;&nbsp;&nbsp;&nbsp;34786 |
| Alector, Inc. (A) | &nbsp;&nbsp;9708 | &nbsp;&nbsp;&nbsp;&nbsp;28736 |
| Alkermes PLC (A) | 19546 | &nbsp;&nbsp;&nbsp;&nbsp;586380 |
| Allogene Therapeutics, Inc. (A) | 18701 | &nbsp;&nbsp;&nbsp;&nbsp;23189 |
| Altimmune, Inc. (A)(C) | &nbsp;&nbsp;9366 | &nbsp;&nbsp;&nbsp;&nbsp;35310 |
| Amgen, Inc. | 35296 | 9960531 |
| Amicus Therapeutics, Inc. (A) | 33834 | &nbsp;&nbsp;&nbsp;&nbsp;266612 |
| AnaptysBio, Inc. (A) | &nbsp;&nbsp;2394 | &nbsp;&nbsp;&nbsp;&nbsp;73304 |
| Anavex Life Sciences Corp. (A)(C) | 10226 | &nbsp;&nbsp;&nbsp;&nbsp;91011 |
| Anika Therapeutics, Inc. (A) | &nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp;20981 |
| Annexon, Inc. (A) | 12091 | &nbsp;&nbsp;&nbsp;&nbsp;36878 |
| Apogee Therapeutics, Inc. (A) | &nbsp;&nbsp;3881 | &nbsp;&nbsp;&nbsp;&nbsp;154192 |
| Arbutus Biopharma Corp. (A) | 18920 | &nbsp;&nbsp;&nbsp;&nbsp;85897 |
| Arcellx, Inc. (A) | &nbsp;&nbsp;4065 | &nbsp;&nbsp;&nbsp;&nbsp;333737 |
| Arcturus Therapeutics Holdings, Inc. (A) | &nbsp;&nbsp;3123 | &nbsp;&nbsp;&nbsp;&nbsp;57557 |
| Arcus Biosciences, Inc. (A) | &nbsp;&nbsp;8588 | &nbsp;&nbsp;&nbsp;&nbsp;116797 |
| Arcutis Biotherapeutics, Inc. (A) | 12939 | &nbsp;&nbsp;&nbsp;&nbsp;243900 |
| Ardelyx, Inc. (A) | 28530 | &nbsp;&nbsp;&nbsp;&nbsp;157200 |
| Argenx SE (A) | &nbsp;&nbsp;6842 | 5055211 |
| Argenx SE, Additional Offering (A) | &nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp;116738 |
| ArriVent Biopharma, Inc. (A)(C) | &nbsp;&nbsp;2973 | &nbsp;&nbsp;&nbsp;&nbsp;54852 |
| Arrowhead Pharmaceuticals, Inc. (A) | 14597 | &nbsp;&nbsp;&nbsp;&nbsp;503451 |
| ARS Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6716 | &nbsp;&nbsp;&nbsp;&nbsp;67496 |
| Astria Therapeutics, Inc. (A) | &nbsp;&nbsp;4093 | &nbsp;&nbsp;&nbsp;&nbsp;29797 |
| Aura Biosciences, Inc. (A) | &nbsp;&nbsp;5255 | &nbsp;&nbsp;&nbsp;&nbsp;32476 |
| Aurinia Pharmaceuticals, Inc. (A) | 14223 | &nbsp;&nbsp;&nbsp;&nbsp;157164 |
| Avidity Biosciences, Inc. (A) | 12169 | &nbsp;&nbsp;&nbsp;&nbsp;530203 |
| Beam Therapeutics, Inc. (A)(C) | 11597 | &nbsp;&nbsp;&nbsp;&nbsp;281459 |
| Bicara Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;4258 | &nbsp;&nbsp;&nbsp;&nbsp;67234 |
| BioCryst Pharmaceuticals, Inc. (A) | 25290 | &nbsp;&nbsp;&nbsp;&nbsp;191951 |
| Biogen, Inc. (A) | &nbsp;&nbsp;9197 | 1288316 |
| Biohaven, Ltd. (A) | 11041 | &nbsp;&nbsp;&nbsp;&nbsp;165725 |
| BioMarin Pharmaceutical, Inc. (A) | 30105 | 1630487 |
| Blueprint Medicines Corp. (A)(D) | &nbsp;&nbsp;9435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4340 |
| Bridgebio Pharma, Inc. (A) | 18639 | &nbsp;&nbsp;&nbsp;&nbsp;968110 |
| Bright Minds Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;582 | &nbsp;&nbsp;&nbsp;&nbsp;35304 |
| Candel Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;4896 | &nbsp;&nbsp;&nbsp;&nbsp;24970 |
| Capricor Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;4499 | &nbsp;&nbsp;&nbsp;&nbsp;32438 |
| CareDx, Inc. (A) | &nbsp;&nbsp;6641 | &nbsp;&nbsp;&nbsp;&nbsp;96560 |
| Cartesian Therapeutics, Inc., CVR (A)(D) | 19937 | &nbsp;&nbsp;&nbsp;&nbsp;51437 |
| Catalyst Pharmaceuticals, Inc. (A) | 13950 | &nbsp;&nbsp;&nbsp;&nbsp;274815 |
| Celcuity, Inc. (A) | &nbsp;&nbsp;3488 | &nbsp;&nbsp;&nbsp;&nbsp;172307 |
| Celldex Therapeutics, Inc. (A) | &nbsp;&nbsp;7979 | &nbsp;&nbsp;&nbsp;&nbsp;206417 |
| CG Oncology, Inc. (A) | &nbsp;&nbsp;6778 | &nbsp;&nbsp;&nbsp;&nbsp;273018 |
| Chinook Therapeutics, Inc. (A)(D) | &nbsp;&nbsp;9357 | &nbsp;&nbsp;&nbsp;&nbsp;13110 |
| Cidara Therapeutics, Inc. (A) | &nbsp;&nbsp;1846 | &nbsp;&nbsp;&nbsp;&nbsp;176773 |
| Cogent Biosciences, Inc. (A) | 15486 | &nbsp;&nbsp;&nbsp;&nbsp;222379 |
| Coherus Oncology, Inc. (A)(C) | 12433 | &nbsp;&nbsp;&nbsp;&nbsp;20390 |
| Compass Therapeutics, Inc. (A) | 11442 | &nbsp;&nbsp;&nbsp;&nbsp;40047 |
| Corvus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6541 | &nbsp;&nbsp;&nbsp;&nbsp;48207 |
| CRISPR Therapeutics AG (A)(C) | &nbsp;&nbsp;9823 | &nbsp;&nbsp;&nbsp;&nbsp;636629 |
| CSL, Ltd. | 55387 | 7285948 |
| Cullinan Therapeutics, Inc. (A) | &nbsp;&nbsp;6460 | &nbsp;&nbsp;&nbsp;&nbsp;38308 |
| Cytokinetics, Inc. (A) | 32663 | 1795158 |
| Day One Biopharmaceuticals, Inc. (A) | &nbsp;&nbsp;9026 | &nbsp;&nbsp;&nbsp;&nbsp;63633 |
| Denali Therapeutics, Inc. (A) | 16215 | &nbsp;&nbsp;&nbsp;&nbsp;235442 |
| Design Therapeutics, Inc. (A) | &nbsp;&nbsp;2524 | &nbsp;&nbsp;&nbsp;&nbsp;19006 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| DiaMedica Therapeutics, Inc. (A) | &nbsp;&nbsp;3420 | $&nbsp;&nbsp;&nbsp;&nbsp;23495 |
| Dianthus Therapeutics, Inc. (A) | &nbsp;&nbsp;1954 | &nbsp;&nbsp;&nbsp;&nbsp;76890 |
| Disc Medicine, Inc. (A) | &nbsp;&nbsp;2721 | &nbsp;&nbsp;&nbsp;&nbsp;179804 |
| Dynavax Technologies Corp. (A) | 12751 | &nbsp;&nbsp;&nbsp;&nbsp;126617 |
| Dyne Therapeutics, Inc. (A) | 13007 | &nbsp;&nbsp;&nbsp;&nbsp;164539 |
| Editas Medicine, Inc. (A) | 10613 | &nbsp;&nbsp;&nbsp;&nbsp;36827 |
| Eledon Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;7232 | &nbsp;&nbsp;&nbsp;&nbsp;18731 |
| Emergent BioSolutions, Inc. (A) | &nbsp;&nbsp;6524 | &nbsp;&nbsp;&nbsp;&nbsp;57542 |
| Enanta Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2531 | &nbsp;&nbsp;&nbsp;&nbsp;30296 |
| Entrada Therapeutics, Inc. (A) | &nbsp;&nbsp;3775 | &nbsp;&nbsp;&nbsp;&nbsp;21895 |
| Erasca, Inc. (A) | 21590 | &nbsp;&nbsp;&nbsp;&nbsp;47066 |
| Exelixis, Inc. (A) | 42207 | 1743149 |
| Fennec Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3158 | &nbsp;&nbsp;&nbsp;&nbsp;29559 |
| Genmab A/S (A) | &nbsp;&nbsp;6971 | 2150890 |
| Geron Corp. (A) | 64254 | &nbsp;&nbsp;&nbsp;&nbsp;88028 |
| Gilead Sciences, Inc. | 81352 | 9030072 |
| Gossamer Bio, Inc. (A) | 23189 | &nbsp;&nbsp;&nbsp;&nbsp;60987 |
| GRAIL, Inc. (A) | &nbsp;&nbsp;3689 | &nbsp;&nbsp;&nbsp;&nbsp;218131 |
| Grifols SA | 34121 | &nbsp;&nbsp;&nbsp;&nbsp;496772 |
| Halozyme Therapeutics, Inc. (A) | 18338 | 1344909 |
| Heron Therapeutics, Inc. (A) | 18869 | &nbsp;&nbsp;&nbsp;&nbsp;23775 |
| Humacyte, Inc. (A)(C) | 15078 | &nbsp;&nbsp;&nbsp;&nbsp;26236 |
| Icosavax, Inc. (A)(D) | &nbsp;&nbsp;4180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296 |
| Ideaya Biosciences, Inc. (A) | &nbsp;&nbsp;9491 | &nbsp;&nbsp;&nbsp;&nbsp;258250 |
| ImmunityBio, Inc. (A)(C) | 28059 | &nbsp;&nbsp;&nbsp;&nbsp;69025 |
| Immunome, Inc. (A) | &nbsp;&nbsp;9037 | &nbsp;&nbsp;&nbsp;&nbsp;105823 |
| Immunovant, Inc. (A) | &nbsp;&nbsp;8496 | &nbsp;&nbsp;&nbsp;&nbsp;136956 |
| Incyte Corp. (A) | 10922 | &nbsp;&nbsp;&nbsp;&nbsp;926295 |
| Inhibrx Biosciences, Inc. (A) | &nbsp;&nbsp;1117 | &nbsp;&nbsp;&nbsp;&nbsp;37621 |
| Inhibrx, Inc. (A)(D) | &nbsp;&nbsp;5368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382 |
| Intellia Therapeutics, Inc. (A) | 11768 | &nbsp;&nbsp;&nbsp;&nbsp;203233 |
| Iovance Biotherapeutics, Inc. (A)(C) | 31254 | &nbsp;&nbsp;&nbsp;&nbsp;67821 |
| Ironwood Pharmaceuticals, Inc. (A) | 20224 | &nbsp;&nbsp;&nbsp;&nbsp;26493 |
| iTeos Therapeutics, Inc. (A)(D) | &nbsp;&nbsp;4366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 |
| Jade Biosciences, Inc. (C) | &nbsp;&nbsp;3908 | &nbsp;&nbsp;&nbsp;&nbsp;33726 |
| Janux Therapeutics, Inc. (A) | &nbsp;&nbsp;4791 | &nbsp;&nbsp;&nbsp;&nbsp;117092 |
| KalVista Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;4667 | &nbsp;&nbsp;&nbsp;&nbsp;56844 |
| Keros Therapeutics, Inc. (A) | &nbsp;&nbsp;4155 | &nbsp;&nbsp;&nbsp;&nbsp;65732 |
| Kodiak Sciences, Inc. (A) | &nbsp;&nbsp;4040 | &nbsp;&nbsp;&nbsp;&nbsp;66135 |
| Korro Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;&nbsp;36971 |
| Krystal Biotech, Inc. (A) | &nbsp;&nbsp;2988 | &nbsp;&nbsp;&nbsp;&nbsp;527472 |
| Kura Oncology, Inc. (A) | &nbsp;&nbsp;9865 | &nbsp;&nbsp;&nbsp;&nbsp;87305 |
| Kymera Therapeutics, Inc. (A) | &nbsp;&nbsp;5999 | &nbsp;&nbsp;&nbsp;&nbsp;339543 |
| Larimar Therapeutics, Inc. (A) | &nbsp;&nbsp;5119 | &nbsp;&nbsp;&nbsp;&nbsp;16534 |
| Lexeo Therapeutics, Inc. (A) | &nbsp;&nbsp;2949 | &nbsp;&nbsp;&nbsp;&nbsp;19581 |
| Madrigal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2219 | 1017767 |
| MannKind Corp. (A) | 36874 | &nbsp;&nbsp;&nbsp;&nbsp;198013 |
| MeiraGTx Holdings PLC (A) | &nbsp;&nbsp;5256 | &nbsp;&nbsp;&nbsp;&nbsp;43257 |
| Merrimack Pharmaceuticals, Inc. (A)(D) | &nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 |
| Metsera, Inc. (A)(C) | &nbsp;&nbsp;6376 | &nbsp;&nbsp;&nbsp;&nbsp;333656 |
| MiMedx Group, Inc. (A) | 14720 | &nbsp;&nbsp;&nbsp;&nbsp;102746 |
| Mineralys Therapeutics, Inc. (A) | &nbsp;&nbsp;4758 | &nbsp;&nbsp;&nbsp;&nbsp;180423 |
| Mirum Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;4781 | &nbsp;&nbsp;&nbsp;&nbsp;350495 |
| Moderna, Inc. (A) | 23136 | &nbsp;&nbsp;&nbsp;&nbsp;597603 |
| Monopar Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;486 | &nbsp;&nbsp;&nbsp;&nbsp;39692 |
| Monte Rosa Therapeutics, Inc. (A) | &nbsp;&nbsp;5901 | &nbsp;&nbsp;&nbsp;&nbsp;43726 |
| Myriad Genetics, Inc. (A) | 11175 | &nbsp;&nbsp;&nbsp;&nbsp;80795 |
| Neurocrine Biosciences, Inc. (A) | 15550 | 2182909 |
| Neurogene, Inc. (A) | &nbsp;&nbsp;1229 | &nbsp;&nbsp;&nbsp;&nbsp;21299 |
| Novavax, Inc. (A)(C) | 18088 | &nbsp;&nbsp;&nbsp;&nbsp;156823 |
| Nurix Therapeutics, Inc. (A) | &nbsp;&nbsp;9266 | &nbsp;&nbsp;&nbsp;&nbsp;85618 |
| Nuvalent, Inc., Class A (A) | &nbsp;&nbsp;5198 | &nbsp;&nbsp;&nbsp;&nbsp;449523 |
| Olema Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;7352 | &nbsp;&nbsp;&nbsp;&nbsp;71976 |
| Organogenesis Holdings, Inc. (A) | &nbsp;&nbsp;8490 | &nbsp;&nbsp;&nbsp;&nbsp;35828 |
| ORIC Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6927 | &nbsp;&nbsp;&nbsp;&nbsp;83124 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Oruka Therapeutics, Inc. (A) | &nbsp;&nbsp;3409 | $&nbsp;&nbsp;&nbsp;&nbsp;65555 |
| Palvella Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;846 | &nbsp;&nbsp;&nbsp;&nbsp;53036 |
| PDL BioPharma, Inc. (A)(D) | 23030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3685 |
| Perspective Therapeutics, Inc. (A) | &nbsp;&nbsp;7480 | &nbsp;&nbsp;&nbsp;&nbsp;25656 |
| Praxis Precision Medicines, Inc. (A) | &nbsp;&nbsp;2177 | &nbsp;&nbsp;&nbsp;&nbsp;115381 |
| Precigen, Inc. (A)(C) | 18366 | &nbsp;&nbsp;&nbsp;&nbsp;60424 |
| Prime Medicine, Inc. (A)(C) | &nbsp;&nbsp;9352 | &nbsp;&nbsp;&nbsp;&nbsp;51810 |
| Protagonist Therapeutics, Inc. (A) | &nbsp;&nbsp;7040 | &nbsp;&nbsp;&nbsp;&nbsp;467667 |
| Protalix BioTherapeutics, Inc. (A) | &nbsp;&nbsp;9612 | &nbsp;&nbsp;&nbsp;&nbsp;21339 |
| Prothena Corp. PLC (A) | &nbsp;&nbsp;4905 | &nbsp;&nbsp;&nbsp;&nbsp;47873 |
| PTC Therapeutics, Inc. (A) | &nbsp;&nbsp;9204 | &nbsp;&nbsp;&nbsp;&nbsp;564849 |
| Puma Biotechnology, Inc. (A) | &nbsp;&nbsp;5307 | &nbsp;&nbsp;&nbsp;&nbsp;28180 |
| Recursion Pharmaceuticals, Inc., Class A (A)(C) | 43348 | &nbsp;&nbsp;&nbsp;&nbsp;211538 |
| Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;6684 | 3758213 |
| REGENXBIO, Inc. (A) | &nbsp;&nbsp;5774 | &nbsp;&nbsp;&nbsp;&nbsp;55719 |
| Regulus Therapeutics, Inc. (A)(D) | &nbsp;&nbsp;9005 | &nbsp;&nbsp;&nbsp;&nbsp;10446 |
| Relay Therapeutics, Inc. (A) | 16473 | &nbsp;&nbsp;&nbsp;&nbsp;85989 |
| Replimune Group, Inc. (A) | &nbsp;&nbsp;8131 | &nbsp;&nbsp;&nbsp;&nbsp;34069 |
| Rezolute, Inc. (A) | &nbsp;&nbsp;9469 | &nbsp;&nbsp;&nbsp;&nbsp;89009 |
| Rhythm Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6229 | &nbsp;&nbsp;&nbsp;&nbsp;629067 |
| Rigel Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp;60315 |
| Rocket Pharmaceuticals, Inc. (A) | 10876 | &nbsp;&nbsp;&nbsp;&nbsp;35456 |
| Roivant Sciences, Ltd. (A) | 67452 | 1020549 |
| Sage Therapeutics, Inc. (A)(D) | &nbsp;&nbsp;8588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546 |
| Sana Biotechnology, Inc. (A)(C) | 16452 | &nbsp;&nbsp;&nbsp;&nbsp;58405 |
| Savara, Inc. (A) | 13217 | &nbsp;&nbsp;&nbsp;&nbsp;47185 |
| Scholar Rock Holding Corp. (A) | &nbsp;&nbsp;9834 | &nbsp;&nbsp;&nbsp;&nbsp;366218 |
| SELLAS Life Sciences Group, Inc. (A)(C) | 11750 | &nbsp;&nbsp;&nbsp;&nbsp;18918 |
| Sionna Therapeutics, Inc. (A) | &nbsp;&nbsp;1508 | &nbsp;&nbsp;&nbsp;&nbsp;44350 |
| Soleno Therapeutics, Inc. (A) | &nbsp;&nbsp;5038 | &nbsp;&nbsp;&nbsp;&nbsp;340569 |
| Solid Biosciences, Inc. (A) | &nbsp;&nbsp;8103 | &nbsp;&nbsp;&nbsp;&nbsp;49996 |
| Spyre Therapeutics, Inc. (A) | &nbsp;&nbsp;6107 | &nbsp;&nbsp;&nbsp;&nbsp;102353 |
| Stoke Therapeutics, Inc. (A) | &nbsp;&nbsp;5417 | &nbsp;&nbsp;&nbsp;&nbsp;127300 |
| Swedish Orphan Biovitrum AB (A) | 22398 | &nbsp;&nbsp;&nbsp;&nbsp;684667 |
| Syndax Pharmaceuticals, Inc. (A) | 10366 | &nbsp;&nbsp;&nbsp;&nbsp;159481 |
| Tango Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;7984 | &nbsp;&nbsp;&nbsp;&nbsp;67066 |
| Taysha Gene Therapies, Inc. (A) | 25276 | &nbsp;&nbsp;&nbsp;&nbsp;82653 |
| Tectonic Therapeutic, Inc. (A) | &nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp;22248 |
| TG Therapeutics, Inc. (A) | 17240 | &nbsp;&nbsp;&nbsp;&nbsp;622795 |
| Tonix Pharmaceuticals Holding Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp;22276 |
| Tourmaline Bio, Inc. (A) | &nbsp;&nbsp;2089 | &nbsp;&nbsp;&nbsp;&nbsp;99917 |
| Travere Therapeutics, Inc. (A) | 10667 | &nbsp;&nbsp;&nbsp;&nbsp;254941 |
| Twist Bioscience Corp. (A) | &nbsp;&nbsp;7183 | &nbsp;&nbsp;&nbsp;&nbsp;202130 |
| Tyra Biosciences, Inc. (A) | &nbsp;&nbsp;3045 | &nbsp;&nbsp;&nbsp;&nbsp;42600 |
| United Therapeutics Corp. (A) | &nbsp;&nbsp;7091 | 2972618 |
| Upstream Bio, Inc. (A)(C) | &nbsp;&nbsp;4262 | &nbsp;&nbsp;&nbsp;&nbsp;80168 |
| UroGen Pharma, Ltd. (A) | &nbsp;&nbsp;4482 | &nbsp;&nbsp;&nbsp;&nbsp;89416 |
| Vanda Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;6728 | &nbsp;&nbsp;&nbsp;&nbsp;33573 |
| Vaxcyte, Inc. (A) | 13636 | &nbsp;&nbsp;&nbsp;&nbsp;491169 |
| Vera Therapeutics, Inc. (A) | &nbsp;&nbsp;6257 | &nbsp;&nbsp;&nbsp;&nbsp;181828 |
| Veracyte, Inc. (A) | &nbsp;&nbsp;9465 | &nbsp;&nbsp;&nbsp;&nbsp;324933 |
| Verastem, Inc. (A) | &nbsp;&nbsp;5533 | &nbsp;&nbsp;&nbsp;&nbsp;48856 |
| Vericel Corp. (A) | &nbsp;&nbsp;6125 | &nbsp;&nbsp;&nbsp;&nbsp;192754 |
| Vertex Pharmaceuticals, Inc. (A) | 16823 | 6588560 |
| Verve Therapeutics, Inc. (A)(D) | 10103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6365 |
| Vir Biotechnology, Inc. (A) | 11216 | &nbsp;&nbsp;&nbsp;&nbsp;64043 |
| Viridian Therapeutics, Inc. (A) | &nbsp;&nbsp;8485 | &nbsp;&nbsp;&nbsp;&nbsp;183106 |
| Voyager Therapeutics, Inc. (A) | &nbsp;&nbsp;5768 | &nbsp;&nbsp;&nbsp;&nbsp;26937 |
| Xencor, Inc. (A) | &nbsp;&nbsp;8780 | &nbsp;&nbsp;&nbsp;&nbsp;102989 |
| Xenon Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;9223 | &nbsp;&nbsp;&nbsp;&nbsp;370303 |
| XOMA Royalty Corp. (A) | &nbsp;&nbsp;1193 | &nbsp;&nbsp;&nbsp;&nbsp;45978 |
| Zenas Biopharma, Inc. (A)(C) | &nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;&nbsp;44888 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Zymeworks, Inc. (A) | &nbsp;&nbsp;&nbsp;6136 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104803 |
|  |  | 112064243 |
| **Health care equipment and supplies – 1.8%** | **Health care equipment and supplies – 1.8%** |  |
| Abbott Laboratories | 114150 | &nbsp;&nbsp;&nbsp;15289251 |
| Accuray, Inc. (A) | &nbsp;&nbsp;12686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21186 |
| Alcon, Inc. | &nbsp;&nbsp;57159 | &nbsp;&nbsp;&nbsp;&nbsp;4299204 |
| Align Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;4632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580019 |
| Alphatec Holdings, Inc. (A) | &nbsp;&nbsp;14050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204287 |
| AngioDynamics, Inc. (A) | &nbsp;&nbsp;&nbsp;4816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53795 |
| Artivion, Inc. (A) | &nbsp;&nbsp;&nbsp;4627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195907 |
| AtriCure, Inc. (A) | &nbsp;&nbsp;&nbsp;5879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207235 |
| Avanos Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;5567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64355 |
| Axogen, Inc. (A) | &nbsp;&nbsp;&nbsp;5350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95444 |
| Baxter International, Inc. | &nbsp;&nbsp;34884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794309 |
| Becton, Dickinson and Company | &nbsp;&nbsp;18782 | &nbsp;&nbsp;&nbsp;&nbsp;3515427 |
| Beta Bionics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;4580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91005 |
| BioMerieux | &nbsp;&nbsp;&nbsp;4739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636061 |
| Bioventus, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38956 |
| Boston Scientific Corp. (A) | &nbsp;&nbsp;97301 | &nbsp;&nbsp;&nbsp;&nbsp;9499497 |
| Butterfly Network, Inc. (A) | &nbsp;&nbsp;23426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45212 |
| Ceribell, Inc. (A) | &nbsp;&nbsp;&nbsp;3179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36527 |
| Cerus Corp. (A) | &nbsp;&nbsp;25352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40310 |
| ClearPoint Neuro, Inc. (A) | &nbsp;&nbsp;&nbsp;3185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69401 |
| Cochlear, Ltd. | &nbsp;&nbsp;&nbsp;7480 | &nbsp;&nbsp;&nbsp;&nbsp;1378458 |
| Coloplast A/S, B Shares | &nbsp;&nbsp;14426 | &nbsp;&nbsp;&nbsp;&nbsp;1243379 |
| CONMED Corp. | &nbsp;&nbsp;&nbsp;3761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176880 |
| Delcath Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;3744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40248 |
| Demant A/S (A) | &nbsp;&nbsp;&nbsp;9782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340531 |
| Dentsply Sirona, Inc. | &nbsp;&nbsp;31276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396892 |
| DexCom, Inc. (A) | &nbsp;&nbsp;25206 | &nbsp;&nbsp;&nbsp;&nbsp;1696112 |
| Edwards Lifesciences Corp. (A) | &nbsp;&nbsp;38402 | &nbsp;&nbsp;&nbsp;&nbsp;2986524 |
| Electromed, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22414 |
| Embecta Corp. | &nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100534 |
| Enovis Corp. (A) | &nbsp;&nbsp;&nbsp;6940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210560 |
| Envista Holdings Corp. (A) | &nbsp;&nbsp;26055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530740 |
| EssilorLuxottica SA | &nbsp;&nbsp;34435 | &nbsp;&nbsp;&nbsp;11217331 |
| Fisher & Paykel Healthcare Corp., Ltd. | &nbsp;&nbsp;67061 | &nbsp;&nbsp;&nbsp;&nbsp;1440305 |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;29681 | &nbsp;&nbsp;&nbsp;&nbsp;2229043 |
| Glaukos Corp. (A) | &nbsp;&nbsp;&nbsp;6751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550544 |
| Globus Medical, Inc., Class A (A) | &nbsp;&nbsp;17658 | &nbsp;&nbsp;&nbsp;&nbsp;1011274 |
| Haemonetics Corp. (A) | &nbsp;&nbsp;13166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641711 |
| Hologic, Inc. (A) | &nbsp;&nbsp;15148 | &nbsp;&nbsp;&nbsp;&nbsp;1022339 |
| Hoya Corp. | &nbsp;&nbsp;39249 | &nbsp;&nbsp;&nbsp;&nbsp;5426969 |
| ICU Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;2927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351123 |
| IDEXX Laboratories, Inc. (A) | &nbsp;&nbsp;&nbsp;5247 | &nbsp;&nbsp;&nbsp;&nbsp;3352256 |
| Inogen, Inc. (A) | &nbsp;&nbsp;&nbsp;3054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24951 |
| Insulet Corp. (A) | &nbsp;&nbsp;&nbsp;4440 | &nbsp;&nbsp;&nbsp;&nbsp;1370761 |
| Integer Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;4127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426443 |
| Integra LifeSciences Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;8212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117678 |
| Intuitive Surgical, Inc. (A) | &nbsp;&nbsp;23528 | &nbsp;&nbsp;&nbsp;10522427 |
| iRadimed Corp. | &nbsp;&nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73722 |
| iRhythm Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;3793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652358 |
| Kestra Medical Technologies, Ltd. (A)(C) | &nbsp;&nbsp;&nbsp;1697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40321 |
| Koninklijke Philips NV | &nbsp;&nbsp;88115 | &nbsp;&nbsp;&nbsp;&nbsp;2413828 |
| Lantheus Holdings, Inc. (A) | &nbsp;&nbsp;18819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965227 |
| LeMaitre Vascular, Inc. | &nbsp;&nbsp;&nbsp;2524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220875 |
| LivaNova PLC (A) | &nbsp;&nbsp;15137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792876 |
| Masimo Corp. (A) | &nbsp;&nbsp;&nbsp;7240 | &nbsp;&nbsp;&nbsp;&nbsp;1068262 |
| Medtronic PLC | &nbsp;&nbsp;84008 | &nbsp;&nbsp;&nbsp;&nbsp;8000922 |
| Merit Medical Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;7013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583692 |
| Neogen Corp. (A) | &nbsp;&nbsp;26815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153114 |
| NeuroPace, Inc. (A) | &nbsp;&nbsp;&nbsp;3096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31920 |
| Novocure, Ltd. (A) | &nbsp;&nbsp;12398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160182 |
| Olympus Corp. | 130298 | &nbsp;&nbsp;&nbsp;&nbsp;1647360 |
| Omnicell, Inc. (A) | &nbsp;&nbsp;&nbsp;5648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171982 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care equipment and supplies (continued)** | **Health care equipment and supplies (continued)** |  |
| OraSure Technologies, Inc. (A) | &nbsp;&nbsp;10373 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33297 |
| Orthofix Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;4891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71604 |
| OrthoPediatrics Corp. (A) | &nbsp;&nbsp;&nbsp;2161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40043 |
| Outset Medical, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31346 |
| Paragon 28, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;6945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 |
| Penumbra, Inc. (A) | &nbsp;&nbsp;&nbsp;6114 | &nbsp;&nbsp;&nbsp;&nbsp;1548798 |
| PROCEPT BioRobotics Corp. (A)(C) | &nbsp;&nbsp;&nbsp;6382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227774 |
| Pulse Biosciences, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37931 |
| QuidelOrtho Corp. (A) | &nbsp;&nbsp;&nbsp;8228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242315 |
| ResMed, Inc. | &nbsp;&nbsp;&nbsp;9559 | &nbsp;&nbsp;&nbsp;&nbsp;2616585 |
| RxSight, Inc. (A) | &nbsp;&nbsp;&nbsp;4691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42172 |
| SANUWAVE Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31408 |
| Semler Scientific, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41580 |
| SI-BONE, Inc. (A) | &nbsp;&nbsp;&nbsp;4710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69331 |
| Siemens Healthineers AG (B) | &nbsp;&nbsp;38708 | &nbsp;&nbsp;&nbsp;&nbsp;2096665 |
| Sight Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;5554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19106 |
| Smith & Nephew PLC | &nbsp;&nbsp;95188 | &nbsp;&nbsp;&nbsp;&nbsp;1726456 |
| Solventum Corp. (A) | &nbsp;&nbsp;&nbsp;9409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686857 |
| Sonova Holding AG | &nbsp;&nbsp;&nbsp;5797 | &nbsp;&nbsp;&nbsp;&nbsp;1590153 |
| STAAR Surgical Company (A) | &nbsp;&nbsp;&nbsp;6066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162993 |
| Stereotaxis, Inc. (A) | &nbsp;&nbsp;&nbsp;7886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24525 |
| STERIS PLC | &nbsp;&nbsp;&nbsp;6234 | &nbsp;&nbsp;&nbsp;&nbsp;1542541 |
| Straumann Holding AG | &nbsp;&nbsp;12768 | &nbsp;&nbsp;&nbsp;&nbsp;1368800 |
| Stryker Corp. | &nbsp;&nbsp;22582 | &nbsp;&nbsp;&nbsp;&nbsp;8347888 |
| Surmodics, Inc. (A) | &nbsp;&nbsp;&nbsp;1751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52337 |
| Sysmex Corp. | &nbsp;&nbsp;57604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712121 |
| Tactile Systems Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;2996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41465 |
| Tandem Diabetes Care, Inc. (A) | &nbsp;&nbsp;&nbsp;8187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99390 |
| Terumo Corp. | 152420 | &nbsp;&nbsp;&nbsp;&nbsp;2514399 |
| The Cooper Companies, Inc. (A) | &nbsp;&nbsp;13594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932005 |
| TransMedics Group, Inc. (A) | &nbsp;&nbsp;&nbsp;4011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450034 |
| Treace Medical Concepts, Inc. (A) | &nbsp;&nbsp;&nbsp;6051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40602 |
| UFP Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181836 |
| Utah Medical Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24810 |
| Varex Imaging Corp. (A) | &nbsp;&nbsp;&nbsp;5043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62533 |
| Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;13450 | &nbsp;&nbsp;&nbsp;&nbsp;1324825 |
| Zimvie, Inc. (A) | &nbsp;&nbsp;&nbsp;3435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65059 |
|  |  | 130684665 |
| **Health care providers and services – 1.3%** | **Health care providers and services – 1.3%** |  |
| AdaptHealth Corp. (A) | &nbsp;&nbsp;12370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110712 |
| Addus HomeCare Corp. (A) | &nbsp;&nbsp;&nbsp;2189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258280 |
| agilon health, Inc. (A) | &nbsp;&nbsp;38389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39541 |
| Alignment Healthcare, Inc. (A) | &nbsp;&nbsp;17480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305026 |
| AMN Healthcare Services, Inc. (A) | &nbsp;&nbsp;&nbsp;4668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90372 |
| Ardent Health, Inc. (A) | &nbsp;&nbsp;&nbsp;2909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38544 |
| Astrana Health, Inc. (A) | &nbsp;&nbsp;&nbsp;4998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141693 |
| Aveanna Healthcare Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;5731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50834 |
| BrightSpring Health Services, Inc. (A) | &nbsp;&nbsp;11066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327111 |
| Brookdale Senior Living, Inc. (A) | &nbsp;&nbsp;27803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235491 |
| Cardinal Health, Inc. | &nbsp;&nbsp;15480 | &nbsp;&nbsp;&nbsp;&nbsp;2429741 |
| Castle Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;3486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79376 |
| Cencora, Inc. | &nbsp;&nbsp;12767 | &nbsp;&nbsp;&nbsp;&nbsp;3990071 |
| Centene Corp. (A) | &nbsp;&nbsp;30366 | &nbsp;&nbsp;&nbsp;&nbsp;1083459 |
| Chemed Corp. | &nbsp;&nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;&nbsp;1023086 |
| Clover Health Investments Corp. (A) | &nbsp;&nbsp;49119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150304 |
| Community Health Systems, Inc. (A) | &nbsp;&nbsp;16126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51764 |
| Concentra Group Holdings Parent, Inc. | &nbsp;&nbsp;14123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295594 |
| CorVel Corp. (A) | &nbsp;&nbsp;&nbsp;3544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274376 |
| Cross Country Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;3941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55962 |
| CVS Health Corp. | &nbsp;&nbsp;83194 | &nbsp;&nbsp;&nbsp;&nbsp;6271996 |
| DaVita, Inc. (A) | &nbsp;&nbsp;&nbsp;1958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260159 |
| DocGo, Inc. (A) | &nbsp;&nbsp;11774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16013 |
| Elevance Health, Inc. | &nbsp;&nbsp;14779 | &nbsp;&nbsp;&nbsp;&nbsp;4775390 |
| Encompass Health Corp. | &nbsp;&nbsp;15792 | &nbsp;&nbsp;&nbsp;&nbsp;2005900 |
| Enhabit, Inc. (A) | &nbsp;&nbsp;&nbsp;6104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48893 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| Fresenius Medical Care AG | &nbsp;&nbsp;25172 | $&nbsp;&nbsp;&nbsp;1330027 |
| Fresenius SE & Company KGaA | &nbsp;&nbsp;48319 | &nbsp;&nbsp;&nbsp;2700332 |
| Fulgent Genetics, Inc. (A) | &nbsp;&nbsp;&nbsp;2598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58715 |
| GeneDx Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;2267 | &nbsp;&nbsp;&nbsp;&nbsp;244247 |
| Guardant Health, Inc. (A) | &nbsp;&nbsp;14243 | &nbsp;&nbsp;&nbsp;&nbsp;889903 |
| HCA Healthcare, Inc. | &nbsp;&nbsp;10755 | &nbsp;&nbsp;&nbsp;4583781 |
| HealthEquity, Inc. (A) | &nbsp;&nbsp;23735 | &nbsp;&nbsp;&nbsp;2249366 |
| Henry Schein, Inc. (A) | &nbsp;&nbsp;&nbsp;6631 | &nbsp;&nbsp;&nbsp;&nbsp;440099 |
| Hims & Hers Health, Inc. (A)(C) | &nbsp;&nbsp;55176 | &nbsp;&nbsp;&nbsp;3129583 |
| Humana, Inc. | &nbsp;&nbsp;&nbsp;7794 | &nbsp;&nbsp;&nbsp;2027765 |
| Labcorp Holdings, Inc. | &nbsp;&nbsp;&nbsp;5289 | &nbsp;&nbsp;&nbsp;1518260 |
| LifeStance Health Group, Inc. (A) | &nbsp;&nbsp;16428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90354 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;8173 | &nbsp;&nbsp;&nbsp;6313969 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;3684 | &nbsp;&nbsp;&nbsp;&nbsp;704970 |
| Nano-X Imaging, Ltd. (A)(C) | &nbsp;&nbsp;&nbsp;8145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30137 |
| National HealthCare Corp. | &nbsp;&nbsp;&nbsp;1540 | &nbsp;&nbsp;&nbsp;&nbsp;187125 |
| National Research Corp. | &nbsp;&nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21547 |
| NeoGenomics, Inc. (A) | &nbsp;&nbsp;15831 | &nbsp;&nbsp;&nbsp;&nbsp;122215 |
| NMC Health PLC (A)(D) | &nbsp;&nbsp;19536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Nutex Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43084 |
| Omada Health, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24011 |
| OPKO Health, Inc. (A) | &nbsp;&nbsp;52833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81891 |
| Option Care Health, Inc. (A) | &nbsp;&nbsp;45288 | &nbsp;&nbsp;&nbsp;1257195 |
| Owens & Minor, Inc. (A) | &nbsp;&nbsp;&nbsp;9418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45206 |
| PACS Group, Inc. (A) | &nbsp;&nbsp;&nbsp;5605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76957 |
| Pediatrix Medical Group, Inc. (A) | &nbsp;&nbsp;10330 | &nbsp;&nbsp;&nbsp;&nbsp;173028 |
| Performant Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;8727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67460 |
| Premier, Inc., Class A | &nbsp;&nbsp;&nbsp;9398 | &nbsp;&nbsp;&nbsp;&nbsp;261264 |
| Privia Health Group, Inc. (A) | &nbsp;&nbsp;13964 | &nbsp;&nbsp;&nbsp;&nbsp;347704 |
| Progyny, Inc. (A) | &nbsp;&nbsp;&nbsp;8906 | &nbsp;&nbsp;&nbsp;&nbsp;191657 |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;7589 | &nbsp;&nbsp;&nbsp;1446312 |
| RadNet, Inc. (A) | &nbsp;&nbsp;&nbsp;8091 | &nbsp;&nbsp;&nbsp;&nbsp;616615 |
| Select Medical Holdings Corp. | &nbsp;&nbsp;13555 | &nbsp;&nbsp;&nbsp;&nbsp;174046 |
| Sigma Healthcare, Ltd. | 528174 | &nbsp;&nbsp;&nbsp;1037230 |
| Sonic Healthcare, Ltd. | &nbsp;&nbsp;53708 | &nbsp;&nbsp;&nbsp;&nbsp;760714 |
| Surgery Partners, Inc. (A) | &nbsp;&nbsp;&nbsp;9360 | &nbsp;&nbsp;&nbsp;&nbsp;202550 |
| Talkspace, Inc. (A) | &nbsp;&nbsp;19243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53111 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;13852 | &nbsp;&nbsp;&nbsp;2812510 |
| The Cigna Group | &nbsp;&nbsp;17527 | &nbsp;&nbsp;&nbsp;5052158 |
| The Ensign Group, Inc. | &nbsp;&nbsp;15614 | &nbsp;&nbsp;&nbsp;2697631 |
| The Joint Corp. (A) | &nbsp;&nbsp;&nbsp;1821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17372 |
| The Oncology Institute, Inc. (A) | &nbsp;&nbsp;&nbsp;7293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25453 |
| The Pennant Group, Inc. (A) | &nbsp;&nbsp;&nbsp;4184 | &nbsp;&nbsp;&nbsp;&nbsp;105520 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;59419 | 20517381 |
| Universal Health Services, Inc., Class B | &nbsp;&nbsp;&nbsp;3888 | &nbsp;&nbsp;&nbsp;&nbsp;794863 |
| US Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp;155968 |
| Viemed Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;4879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33128 |
|  |  | 90124102 |
| **Health care technology – 0.1%** | **Health care technology – 0.1%** |  |
| Claritev Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50108 |
| Definitive Healthcare Corp. (A) | &nbsp;&nbsp;&nbsp;4614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18733 |
| Doximity, Inc., Class A (A) | &nbsp;&nbsp;21385 | &nbsp;&nbsp;&nbsp;1564313 |
| Evolent Health, Inc., Class A (A) | &nbsp;&nbsp;14306 | &nbsp;&nbsp;&nbsp;&nbsp;121029 |
| Health Catalyst, Inc. (A) | &nbsp;&nbsp;&nbsp;9307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26525 |
| HealthStream, Inc. | &nbsp;&nbsp;&nbsp;3044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85963 |
| LifeMD, Inc. (A) | &nbsp;&nbsp;&nbsp;4547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30874 |
| M3, Inc. | &nbsp;&nbsp;50491 | &nbsp;&nbsp;&nbsp;&nbsp;817364 |
| OptimizeRx Corp. (A) | &nbsp;&nbsp;&nbsp;2140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43870 |
| Phreesia, Inc. (A) | &nbsp;&nbsp;&nbsp;6872 | &nbsp;&nbsp;&nbsp;&nbsp;161629 |
| Pro Medicus, Ltd. | &nbsp;&nbsp;&nbsp;6572 | &nbsp;&nbsp;&nbsp;1338031 |
| Schrodinger, Inc. (A) | &nbsp;&nbsp;&nbsp;6887 | &nbsp;&nbsp;&nbsp;&nbsp;138153 |
| Simulations Plus, Inc. (A) | &nbsp;&nbsp;&nbsp;2123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31994 |
| Teladoc Health, Inc. (A) | &nbsp;&nbsp;21359 | &nbsp;&nbsp;&nbsp;&nbsp;165105 |
| TruBridge, Inc. (A) | &nbsp;&nbsp;&nbsp;1289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25999 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care technology (continued)** | **Health care technology (continued)** |  |
| Waystar Holding Corp. (A) | &nbsp;&nbsp;12866 | $&nbsp;&nbsp;&nbsp;&nbsp;487879 |
|  |  | &nbsp;&nbsp;&nbsp;5107569 |
| **Life sciences tools and services – 0.7%** | **Life sciences tools and services – 0.7%** |  |
| 10X Genomics, Inc., Class A (A) | &nbsp;&nbsp;12855 | &nbsp;&nbsp;&nbsp;&nbsp;150275 |
| Adaptive Biotechnologies Corp. (A) | &nbsp;&nbsp;18122 | &nbsp;&nbsp;&nbsp;&nbsp;271105 |
| Agilent Technologies, Inc. | &nbsp;&nbsp;18507 | &nbsp;&nbsp;&nbsp;2375373 |
| Avantor, Inc. (A) | 106886 | &nbsp;&nbsp;&nbsp;1333937 |
| Azenta, Inc. (A) | &nbsp;&nbsp;&nbsp;4977 | &nbsp;&nbsp;&nbsp;&nbsp;142939 |
| BioLife Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;4622 | &nbsp;&nbsp;&nbsp;&nbsp;117907 |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2862 | &nbsp;&nbsp;&nbsp;&nbsp;802476 |
| Bio-Techne Corp. | &nbsp;&nbsp;10657 | &nbsp;&nbsp;&nbsp;&nbsp;592849 |
| Bruker Corp. | &nbsp;&nbsp;17365 | &nbsp;&nbsp;&nbsp;&nbsp;564189 |
| Charles River Laboratories International, Inc. (A) | &nbsp;&nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;522420 |
| Codexis, Inc. (A) | &nbsp;&nbsp;10623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25920 |
| CryoPort, Inc. (A) | &nbsp;&nbsp;&nbsp;6073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57572 |
| Cytek Biosciences, Inc. (A) | &nbsp;&nbsp;14578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50586 |
| Danaher Corp. | &nbsp;&nbsp;41781 | &nbsp;&nbsp;&nbsp;8283501 |
| Eurofins Scientific SE | &nbsp;&nbsp;13544 | &nbsp;&nbsp;&nbsp;&nbsp;987715 |
| Fortrea Holdings, Inc. (A) | &nbsp;&nbsp;11108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93529 |
| Ginkgo Bioworks Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;4754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69313 |
| Illumina, Inc. (A) | &nbsp;&nbsp;24098 | &nbsp;&nbsp;&nbsp;2288587 |
| IQVIA Holdings, Inc. (A) | &nbsp;&nbsp;11172 | &nbsp;&nbsp;&nbsp;2122010 |
| Lifecore Biomedical, Inc. (A) | &nbsp;&nbsp;&nbsp;3567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26253 |
| Lonza Group AG | &nbsp;&nbsp;&nbsp;8033 | &nbsp;&nbsp;&nbsp;5371172 |
| Maravai LifeSciences Holdings, Inc., Class A (A) | &nbsp;&nbsp;15345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44040 |
| MaxCyte, Inc. (A) | &nbsp;&nbsp;13470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21283 |
| Medpace Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;3480 | &nbsp;&nbsp;&nbsp;1789277 |
| Mesa Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43892 |
| Mettler-Toledo International, Inc. (A) | &nbsp;&nbsp;&nbsp;1326 | &nbsp;&nbsp;&nbsp;1627811 |
| Niagen Bioscience, Inc. (A) | &nbsp;&nbsp;&nbsp;6347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59218 |
| OmniAb, Inc. (A) | &nbsp;&nbsp;13796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22074 |
| OmniAb, Inc., $12.50 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958 |
| OmniAb, Inc., $15.00 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887 |
| Pacific Biosciences of California, Inc. (A)(C) | &nbsp;&nbsp;34147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43708 |
| Personalis, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;6029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39309 |
| QIAGEN NV | &nbsp;&nbsp;24772 | &nbsp;&nbsp;&nbsp;1104918 |
| Quanterix Corp. (A) | &nbsp;&nbsp;&nbsp;5194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28203 |
| Quantum-Si, Inc. (A) | &nbsp;&nbsp;16631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23450 |
| Repligen Corp. (A) | &nbsp;&nbsp;&nbsp;8291 | &nbsp;&nbsp;&nbsp;1108258 |
| Revvity, Inc. | &nbsp;&nbsp;&nbsp;8013 | &nbsp;&nbsp;&nbsp;&nbsp;702339 |
| Sartorius Stedim Biotech | &nbsp;&nbsp;&nbsp;3340 | &nbsp;&nbsp;&nbsp;&nbsp;680669 |
| Sotera Health Company (A) | &nbsp;&nbsp;27611 | &nbsp;&nbsp;&nbsp;&nbsp;434321 |
| Standard BioTools, Inc. (A) | &nbsp;&nbsp;37469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48710 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;24756 | 12007155 |
| Waters Corp. (A) | &nbsp;&nbsp;&nbsp;4045 | &nbsp;&nbsp;&nbsp;1212731 |
| West Pharmaceutical Services, Inc. | &nbsp;&nbsp;&nbsp;4884 | &nbsp;&nbsp;&nbsp;1281220 |
|  |  | 48574059 |
| **Pharmaceuticals – 4.0%** | **Pharmaceuticals – 4.0%** |  |
| Aclaris Therapeutics, Inc. (A) | &nbsp;&nbsp;11823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22464 |
| Alumis, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;5997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23928 |
| Amneal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;18374 | &nbsp;&nbsp;&nbsp;&nbsp;183924 |
| Amphastar Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;4499 | &nbsp;&nbsp;&nbsp;&nbsp;119898 |
| Amylyx Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;8477 | &nbsp;&nbsp;&nbsp;&nbsp;115202 |
| ANI Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;2187 | &nbsp;&nbsp;&nbsp;&nbsp;200329 |
| Aquestive Therapeutics, Inc. (A) | &nbsp;&nbsp;10595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59226 |
| Arvinas, Inc. (A) | &nbsp;&nbsp;&nbsp;8175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69651 |
| Astellas Pharma, Inc. (C) | 207000 | &nbsp;&nbsp;&nbsp;2256296 |
| AstraZeneca PLC | 177375 | 27174026 |
| Atea Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;10752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31181 |
| Avadel Pharmaceuticals PLC (A) | &nbsp;&nbsp;10855 | &nbsp;&nbsp;&nbsp;&nbsp;165756 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4796 | $&nbsp;&nbsp;&nbsp;&nbsp;582474 |
| Bayer AG | &nbsp;&nbsp;112376 | &nbsp;&nbsp;&nbsp;3741129 |
| Bristol-Myers Squibb Company | &nbsp;&nbsp;133318 | &nbsp;&nbsp;&nbsp;6012642 |
| Chugai Pharmaceutical Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;76824 | &nbsp;&nbsp;&nbsp;3405952 |
| CinCor Pharma, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;3771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11539 |
| Collegium Pharmaceutical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3865 | &nbsp;&nbsp;&nbsp;&nbsp;135236 |
| CorMedix, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;8714 | &nbsp;&nbsp;&nbsp;&nbsp;101344 |
| Crinetics Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10980 | &nbsp;&nbsp;&nbsp;&nbsp;457317 |
| Daiichi Sankyo Company, Ltd. | &nbsp;&nbsp;195018 | &nbsp;&nbsp;&nbsp;4387943 |
| Edgewise Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8036 | &nbsp;&nbsp;&nbsp;&nbsp;130344 |
| Eisai Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;30025 | &nbsp;&nbsp;&nbsp;1014329 |
| Elanco Animal Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;77893 | &nbsp;&nbsp;&nbsp;1568765 |
| Eli Lilly & Company | &nbsp;&nbsp;&nbsp;&nbsp;52159 | 39797317 |
| Enliven Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4981 | &nbsp;&nbsp;&nbsp;&nbsp;101961 |
| Esperion Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;24394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64644 |
| Eton Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68689 |
| Evolus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40954 |
| EyePoint Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96932 |
| Fulcrum Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46810 |
| Galderma Group AG (SIX Swiss Exchange) | &nbsp;&nbsp;&nbsp;&nbsp;14967 | &nbsp;&nbsp;&nbsp;2646169 |
| GSK PLC | &nbsp;&nbsp;467157 | 10030777 |
| Haleon PLC | 1027721 | &nbsp;&nbsp;&nbsp;4624927 |
| Harmony Biosciences Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5340 | &nbsp;&nbsp;&nbsp;&nbsp;147170 |
| Harrow, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3821 | &nbsp;&nbsp;&nbsp;&nbsp;184096 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;19036 | &nbsp;&nbsp;&nbsp;&nbsp;436991 |
| Indivior PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;14653 | &nbsp;&nbsp;&nbsp;&nbsp;353284 |
| Innoviva, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7544 | &nbsp;&nbsp;&nbsp;&nbsp;137678 |
| Ipsen SA | &nbsp;&nbsp;&nbsp;&nbsp;4315 | &nbsp;&nbsp;&nbsp;&nbsp;579402 |
| Jazz Pharmaceuticals PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;9510 | &nbsp;&nbsp;&nbsp;1253418 |
| Johnson & Johnson | &nbsp;&nbsp;157966 | 29290056 |
| Kyowa Kirin Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;27056 | &nbsp;&nbsp;&nbsp;&nbsp;422952 |
| LENZ Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88875 |
| Ligand Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2302 | &nbsp;&nbsp;&nbsp;&nbsp;407776 |
| Liquidia Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7780 | &nbsp;&nbsp;&nbsp;&nbsp;176917 |
| Maze Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;2338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60624 |
| MBX Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36575 |
| MediWound, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19588 |
| Merck & Company, Inc. | &nbsp;&nbsp;163815 | 13748993 |
| Merck KGaA | &nbsp;&nbsp;&nbsp;&nbsp;14784 | &nbsp;&nbsp;&nbsp;1918146 |
| Mind Medicine MindMed, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;9211 | &nbsp;&nbsp;&nbsp;&nbsp;108598 |
| Novartis AG | &nbsp;&nbsp;217468 | 27961672 |
| Novo Nordisk A/S, Class B | &nbsp;&nbsp;368394 | 20512776 |
| Nuvation Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;30576 | &nbsp;&nbsp;&nbsp;&nbsp;113131 |
| Ocular Therapeutix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;17040 | &nbsp;&nbsp;&nbsp;&nbsp;199198 |
| Omeros Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;7123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29204 |
| Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp;12448 | &nbsp;&nbsp;&nbsp;&nbsp;955676 |
| Otsuka Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;49688 | &nbsp;&nbsp;&nbsp;2649897 |
| Pacira BioSciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5576 | &nbsp;&nbsp;&nbsp;&nbsp;143694 |
| Perrigo Company PLC | &nbsp;&nbsp;&nbsp;&nbsp;21571 | &nbsp;&nbsp;&nbsp;&nbsp;480386 |
| Pfizer, Inc. | &nbsp;&nbsp;372352 | &nbsp;&nbsp;&nbsp;9487529 |
| Phathom Pharmaceuticals, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;5158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60710 |
| Phibro Animal Health Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;2482 | &nbsp;&nbsp;&nbsp;&nbsp;100422 |
| Poseida Therapeutics, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;9992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4996 |
| Prestige Consumer Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5952 | &nbsp;&nbsp;&nbsp;&nbsp;371405 |
| Rapport Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65132 |
| Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp;13157 | &nbsp;&nbsp;&nbsp;&nbsp;803037 |
| Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;80363 | 26759550 |
| Roche Holding AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;3661 | &nbsp;&nbsp;&nbsp;1266669 |
| Sandoz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;47813 | &nbsp;&nbsp;&nbsp;2851694 |
| Sanofi SA | &nbsp;&nbsp;126394 | 11968748 |
| scPharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25492 |
| Septerna, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;2654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49922 |
| Shionogi & Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;86497 | &nbsp;&nbsp;&nbsp;1524064 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| SIGA Technologies, Inc. | &nbsp;&nbsp;&nbsp;4978 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45549 |
| Supernus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;6495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310396 |
| Takeda Pharmaceutical Company, Ltd. (C) | 181984 | &nbsp;&nbsp;&nbsp;&nbsp;5344941 |
| Tarsus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;4695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279024 |
| Terns Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;8896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66809 |
| Teva Pharmaceutical Industries, Ltd., ADR (A) | 131196 | &nbsp;&nbsp;&nbsp;&nbsp;2650159 |
| Theravance Biopharma, Inc. (A) | &nbsp;&nbsp;&nbsp;4799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70065 |
| Third Harmonic Bio, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;4081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122 |
| Trevi Therapeutics, Inc. (A) | &nbsp;&nbsp;10498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96057 |
| Tvardi Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21940 |
| UCB SA | &nbsp;&nbsp;14462 | &nbsp;&nbsp;&nbsp;&nbsp;4036849 |
| Viatris, Inc. | &nbsp;&nbsp;79784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;789862 |
| WaVe Life Sciences, Ltd. (A) | &nbsp;&nbsp;13741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100584 |
| Xeris Biopharma Holdings, Inc. (A) | &nbsp;&nbsp;18170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147904 |
| Zevra Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;6732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64021 |
| Zoetis, Inc. | &nbsp;&nbsp;29009 | &nbsp;&nbsp;&nbsp;&nbsp;4244597 |
|  |  | 285515097 |
|  |  | 672069735 |
| **Industrials – 12.9%** |  |  |
| **Aerospace and defense – 2.7%** | **Aerospace and defense – 2.7%** |  |
| AAR Corp. (A) | &nbsp;&nbsp;&nbsp;4317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387105 |
| AeroVironment, Inc. (A) | &nbsp;&nbsp;&nbsp;8787 | &nbsp;&nbsp;&nbsp;&nbsp;2766938 |
| AerSale Corp. (A) | &nbsp;&nbsp;&nbsp;3936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32236 |
| Airbus SE | &nbsp;&nbsp;67970 | &nbsp;&nbsp;&nbsp;15872756 |
| AIRO Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15437 |
| Archer Aviation, Inc., Class A (A)(C) | &nbsp;&nbsp;65855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630891 |
| Astronics Corp. (A) | &nbsp;&nbsp;&nbsp;3686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168118 |
| ATI, Inc. (A) | &nbsp;&nbsp;21610 | &nbsp;&nbsp;&nbsp;&nbsp;1757757 |
| Axon Enterprise, Inc. (A) | &nbsp;&nbsp;&nbsp;5175 | &nbsp;&nbsp;&nbsp;&nbsp;3713787 |
| BAE Systems PLC | 344581 | &nbsp;&nbsp;&nbsp;&nbsp;9591900 |
| BWX Technologies, Inc. | &nbsp;&nbsp;14330 | &nbsp;&nbsp;&nbsp;&nbsp;2642022 |
| Byrna Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;2216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49107 |
| Cadre Holdings, Inc. | &nbsp;&nbsp;&nbsp;3529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128844 |
| Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;5907 | &nbsp;&nbsp;&nbsp;&nbsp;3207147 |
| Dassault Aviation SA | &nbsp;&nbsp;&nbsp;2242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755269 |
| Ducommun, Inc. (A) | &nbsp;&nbsp;&nbsp;1661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159672 |
| Elbit Systems, Ltd. | &nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;&nbsp;&nbsp;1617805 |
| Eve Holding, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;6831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26026 |
| General Dynamics Corp. | &nbsp;&nbsp;16567 | &nbsp;&nbsp;&nbsp;&nbsp;5649347 |
| General Electric Company | &nbsp;&nbsp;69590 | &nbsp;&nbsp;&nbsp;20934064 |
| Hensoldt AG | &nbsp;&nbsp;&nbsp;7266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946342 |
| Hexcel Corp. | &nbsp;&nbsp;12474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782120 |
| Howmet Aerospace, Inc. | &nbsp;&nbsp;26468 | &nbsp;&nbsp;&nbsp;&nbsp;5193816 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;2667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767856 |
| Intuitive Machines, Inc. (A) | &nbsp;&nbsp;13263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139527 |
| Kongsberg Gruppen ASA | &nbsp;&nbsp;50308 | &nbsp;&nbsp;&nbsp;&nbsp;1607709 |
| Kratos Defense & Security Solutions, Inc. (A) | &nbsp;&nbsp;46465 | &nbsp;&nbsp;&nbsp;&nbsp;4245507 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;12246 | &nbsp;&nbsp;&nbsp;&nbsp;3740051 |
| Leonardo SpA | &nbsp;&nbsp;46293 | &nbsp;&nbsp;&nbsp;&nbsp;2962135 |
| Lockheed Martin Corp. | &nbsp;&nbsp;13483 | &nbsp;&nbsp;&nbsp;&nbsp;6730848 |
| Melrose Industries PLC | 145461 | &nbsp;&nbsp;&nbsp;&nbsp;1197561 |
| Mercury Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;6294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487156 |
| Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;3312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687803 |
| MTU Aero Engines AG | &nbsp;&nbsp;&nbsp;6157 | &nbsp;&nbsp;&nbsp;&nbsp;2840455 |
| National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71664 |
| Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp;8830 | &nbsp;&nbsp;&nbsp;&nbsp;5380296 |
| Park Aerospace Corp. | &nbsp;&nbsp;&nbsp;2367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48145 |
| Redwire Corp. (A)(C) | &nbsp;&nbsp;&nbsp;5873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52798 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;&nbsp;12280652 |
| Rolls-Royce Holdings PLC | 966443 | &nbsp;&nbsp;&nbsp;15534839 |
| RTX Corp. | &nbsp;&nbsp;87815 | &nbsp;&nbsp;&nbsp;14694084 |
| Saab AB, B Shares | &nbsp;&nbsp;36639 | &nbsp;&nbsp;&nbsp;&nbsp;2251182 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Aerospace and defense (continued)** | **Aerospace and defense (continued)** |  |
| Safran SA | &nbsp;&nbsp;41189 | $&nbsp;&nbsp;&nbsp;14616701 |
| Satellogic, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;8091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26538 |
| Singapore Technologies Engineering, Ltd. | 178591 | &nbsp;&nbsp;&nbsp;&nbsp;1192546 |
| Textron, Inc. | &nbsp;&nbsp;10934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923814 |
| Thales SA | &nbsp;&nbsp;10601 | &nbsp;&nbsp;&nbsp;&nbsp;3351129 |
| The Boeing Company (A) | &nbsp;&nbsp;49605 | &nbsp;&nbsp;&nbsp;10706247 |
| TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;3698 | &nbsp;&nbsp;&nbsp;&nbsp;4874038 |
| V2X, Inc. (A) | &nbsp;&nbsp;&nbsp;2287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132852 |
| Voyager Technologies, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48869 |
| VSE Corp. | &nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407288 |
| Woodward, Inc. | &nbsp;&nbsp;&nbsp;9402 | &nbsp;&nbsp;&nbsp;&nbsp;2375979 |
|  |  | 191404775 |
| **Air freight and logistics – 0.3%** | **Air freight and logistics – 0.3%** |  |
| CH Robinson Worldwide, Inc. | &nbsp;&nbsp;&nbsp;8071 | &nbsp;&nbsp;&nbsp;&nbsp;1068600 |
| DHL Group | 109812 | &nbsp;&nbsp;&nbsp;&nbsp;4907208 |
| DSV A/S | &nbsp;&nbsp;23378 | &nbsp;&nbsp;&nbsp;&nbsp;4670236 |
| Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;8423 | &nbsp;&nbsp;&nbsp;&nbsp;1032576 |
| FedEx Corp. | &nbsp;&nbsp;14249 | &nbsp;&nbsp;&nbsp;&nbsp;3360057 |
| Forward Air Corp. (A) | &nbsp;&nbsp;&nbsp;2371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60792 |
| GXO Logistics, Inc. (A) | &nbsp;&nbsp;17948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949270 |
| Hub Group, Inc., Class A | &nbsp;&nbsp;&nbsp;7219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248622 |
| InPost SA (A) | &nbsp;&nbsp;28601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352125 |
| Radiant Logistics, Inc. (A) | &nbsp;&nbsp;&nbsp;5217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30780 |
| SG Holdings Company, Ltd. | &nbsp;&nbsp;32965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340508 |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp;48285 | &nbsp;&nbsp;&nbsp;&nbsp;4033246 |
|  |  | &nbsp;&nbsp;&nbsp;21054020 |
| **Building products – 0.8%** | **Building products – 0.8%** |  |
| A.O. Smith Corp. | &nbsp;&nbsp;&nbsp;7902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580086 |
| AAON, Inc. | &nbsp;&nbsp;10610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991398 |
| Advanced Drainage Systems, Inc. | &nbsp;&nbsp;11215 | &nbsp;&nbsp;&nbsp;&nbsp;1555521 |
| AGC, Inc. | &nbsp;&nbsp;22385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730027 |
| Allegion PLC | &nbsp;&nbsp;&nbsp;5849 | &nbsp;&nbsp;&nbsp;&nbsp;1037320 |
| American Woodmark Corp. (A) | &nbsp;&nbsp;&nbsp;1768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118032 |
| Apogee Enterprises, Inc. | &nbsp;&nbsp;&nbsp;2601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113326 |
| Assa Abloy AB, B Shares | 114649 | &nbsp;&nbsp;&nbsp;&nbsp;3990686 |
| AZZ, Inc. | &nbsp;&nbsp;&nbsp;3569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389485 |
| Belimo Holding AG | &nbsp;&nbsp;&nbsp;1126 | &nbsp;&nbsp;&nbsp;&nbsp;1184221 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;&nbsp;7513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910951 |
| Carlisle Companies, Inc. | &nbsp;&nbsp;&nbsp;6687 | &nbsp;&nbsp;&nbsp;&nbsp;2199756 |
| Carrier Global Corp. | &nbsp;&nbsp;52375 | &nbsp;&nbsp;&nbsp;&nbsp;3126788 |
| Cie de Saint-Gobain SA | &nbsp;&nbsp;51377 | &nbsp;&nbsp;&nbsp;&nbsp;5566780 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;1962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476276 |
| Daikin Industries, Ltd. | &nbsp;&nbsp;30175 | &nbsp;&nbsp;&nbsp;&nbsp;3478033 |
| Fortune Brands Innovations, Inc. | &nbsp;&nbsp;18820 | &nbsp;&nbsp;&nbsp;&nbsp;1004800 |
| Geberit AG | &nbsp;&nbsp;&nbsp;3880 | &nbsp;&nbsp;&nbsp;&nbsp;2930181 |
| Gibraltar Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;3630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227964 |
| Griffon Corp. | &nbsp;&nbsp;&nbsp;4480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341152 |
| Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;2272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87108 |
| Janus International Group, Inc. (A) | &nbsp;&nbsp;16471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162569 |
| JELD-WEN Holding, Inc. (A) | &nbsp;&nbsp;10642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52252 |
| Johnson Controls International PLC | &nbsp;&nbsp;42857 | &nbsp;&nbsp;&nbsp;&nbsp;4712127 |
| Kingspan Group PLC | &nbsp;&nbsp;17702 | &nbsp;&nbsp;&nbsp;&nbsp;1480081 |
| Lennox International, Inc. | &nbsp;&nbsp;&nbsp;2171 | &nbsp;&nbsp;&nbsp;&nbsp;1149241 |
| Masco Corp. | &nbsp;&nbsp;12810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901696 |
| Masterbrand, Inc. (A) | &nbsp;&nbsp;15476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203819 |
| Nibe Industrier AB, B Shares | 173353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685172 |
| Owens Corning | &nbsp;&nbsp;13112 | &nbsp;&nbsp;&nbsp;&nbsp;1854824 |
| Quanex Building Products Corp. | &nbsp;&nbsp;&nbsp;5787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82291 |
| Resideo Technologies, Inc. (A) | &nbsp;&nbsp;16422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709102 |
| ROCKWOOL A/S, B Shares | &nbsp;&nbsp;11028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411139 |
| Simpson Manufacturing Company, Inc. | &nbsp;&nbsp;&nbsp;6525 | &nbsp;&nbsp;&nbsp;&nbsp;1092677 |
| Tecnoglass, Inc. | &nbsp;&nbsp;&nbsp;2939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196648 |
| Trane Technologies PLC | &nbsp;&nbsp;14586 | &nbsp;&nbsp;&nbsp;&nbsp;6154709 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Building products (continued)** | **Building products (continued)** |  |
| Trex Company, Inc. (A) | &nbsp;&nbsp;16813 | $&nbsp;&nbsp;&nbsp;&nbsp;868728 |
| UFP Industries, Inc. | &nbsp;&nbsp;16275 | &nbsp;&nbsp;&nbsp;1521550 |
| Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;17887 | &nbsp;&nbsp;&nbsp;&nbsp;841226 |
|  |  | 54119742 |
| **Commercial services and supplies – 0.6%** | **Commercial services and supplies – 0.6%** |  |
| ABM Industries, Inc. | &nbsp;&nbsp;&nbsp;7455 | &nbsp;&nbsp;&nbsp;&nbsp;343825 |
| ACCO Brands Corp. | &nbsp;&nbsp;10512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41943 |
| ACV Auctions, Inc., Class A (A) | &nbsp;&nbsp;20527 | &nbsp;&nbsp;&nbsp;&nbsp;203423 |
| Brambles, Ltd. | 156367 | &nbsp;&nbsp;&nbsp;2565615 |
| BrightView Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8206 | &nbsp;&nbsp;&nbsp;&nbsp;109960 |
| Casella Waste Systems, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;7424 | &nbsp;&nbsp;&nbsp;&nbsp;704389 |
| CECO Environmental Corp. (A) | &nbsp;&nbsp;&nbsp;3537 | &nbsp;&nbsp;&nbsp;&nbsp;181094 |
| Cimpress PLC (A) | &nbsp;&nbsp;&nbsp;1847 | &nbsp;&nbsp;&nbsp;&nbsp;116435 |
| Cintas Corp. | &nbsp;&nbsp;22548 | &nbsp;&nbsp;&nbsp;4628202 |
| Clean Harbors, Inc. (A) | &nbsp;&nbsp;&nbsp;7904 | &nbsp;&nbsp;&nbsp;1835467 |
| Copart, Inc. (A) | &nbsp;&nbsp;57387 | &nbsp;&nbsp;&nbsp;2580693 |
| CoreCivic, Inc. (A) | &nbsp;&nbsp;13027 | &nbsp;&nbsp;&nbsp;&nbsp;265099 |
| Dai Nippon Printing Company, Ltd. | &nbsp;&nbsp;44993 | &nbsp;&nbsp;&nbsp;&nbsp;765094 |
| Deluxe Corp. | &nbsp;&nbsp;&nbsp;5363 | &nbsp;&nbsp;&nbsp;&nbsp;103828 |
| Driven Brands Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;7381 | &nbsp;&nbsp;&nbsp;&nbsp;118908 |
| Ennis, Inc. | &nbsp;&nbsp;&nbsp;3130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57216 |
| Enviri Corp. (A) | &nbsp;&nbsp;&nbsp;9275 | &nbsp;&nbsp;&nbsp;&nbsp;117700 |
| Healthcare Services Group, Inc. (A) | &nbsp;&nbsp;&nbsp;8858 | &nbsp;&nbsp;&nbsp;&nbsp;149080 |
| HNI Corp. | &nbsp;&nbsp;&nbsp;5176 | &nbsp;&nbsp;&nbsp;&nbsp;242496 |
| Interface, Inc. | &nbsp;&nbsp;&nbsp;7058 | &nbsp;&nbsp;&nbsp;&nbsp;204259 |
| Liquidity Services, Inc. (A) | &nbsp;&nbsp;&nbsp;2852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78230 |
| MillerKnoll, Inc. | &nbsp;&nbsp;&nbsp;8272 | &nbsp;&nbsp;&nbsp;&nbsp;146745 |
| Montrose Environmental Group, Inc. (A) | &nbsp;&nbsp;&nbsp;3949 | &nbsp;&nbsp;&nbsp;&nbsp;108440 |
| MSA Safety, Inc. | &nbsp;&nbsp;&nbsp;5769 | &nbsp;&nbsp;&nbsp;&nbsp;992672 |
| OPENLANE, Inc. (A) | &nbsp;&nbsp;12826 | &nbsp;&nbsp;&nbsp;&nbsp;369132 |
| Perma-Fix Environmental Services, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22584 |
| Pitney Bowes, Inc. | &nbsp;&nbsp;20399 | &nbsp;&nbsp;&nbsp;&nbsp;232753 |
| Quad/Graphics, Inc. | &nbsp;&nbsp;&nbsp;3790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23725 |
| RB Global, Inc. | &nbsp;&nbsp;29099 | &nbsp;&nbsp;&nbsp;3153168 |
| Rentokil Initial PLC | 288950 | &nbsp;&nbsp;&nbsp;1463746 |
| Republic Services, Inc. | &nbsp;&nbsp;13319 | &nbsp;&nbsp;&nbsp;3056444 |
| Rollins, Inc. | &nbsp;&nbsp;19108 | &nbsp;&nbsp;&nbsp;1122404 |
| Secom Company, Ltd. | &nbsp;&nbsp;48035 | &nbsp;&nbsp;&nbsp;1762279 |
| Securitas AB, B Shares | &nbsp;&nbsp;56258 | &nbsp;&nbsp;&nbsp;&nbsp;847981 |
| Steelcase, Inc., Class A | &nbsp;&nbsp;10186 | &nbsp;&nbsp;&nbsp;&nbsp;175199 |
| Tetra Tech, Inc. | &nbsp;&nbsp;41199 | &nbsp;&nbsp;&nbsp;1375223 |
| The Brink's Company | &nbsp;&nbsp;11494 | &nbsp;&nbsp;&nbsp;1343189 |
| The GEO Group, Inc. (A) | &nbsp;&nbsp;16041 | &nbsp;&nbsp;&nbsp;&nbsp;328680 |
| TOPPAN Holdings, Inc. | &nbsp;&nbsp;26968 | &nbsp;&nbsp;&nbsp;&nbsp;690975 |
| UniFirst Corp. | &nbsp;&nbsp;&nbsp;1833 | &nbsp;&nbsp;&nbsp;&nbsp;306459 |
| Veralto Corp. | &nbsp;&nbsp;15811 | &nbsp;&nbsp;&nbsp;1685611 |
| Vestis Corp. | &nbsp;&nbsp;14342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64969 |
| Waste Management, Inc. | &nbsp;&nbsp;24379 | &nbsp;&nbsp;&nbsp;5383615 |
|  |  | 40068949 |
| **Construction and engineering – 0.7%** | **Construction and engineering – 0.7%** |  |
| ACS Actividades de Construccion y Servicios SA | &nbsp;&nbsp;20509 | &nbsp;&nbsp;&nbsp;1643963 |
| AECOM | &nbsp;&nbsp;20766 | &nbsp;&nbsp;&nbsp;2709340 |
| Ameresco, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3938 | &nbsp;&nbsp;&nbsp;&nbsp;132238 |
| API Group Corp. (A) | &nbsp;&nbsp;58032 | &nbsp;&nbsp;&nbsp;1994560 |
| Arcosa, Inc. | &nbsp;&nbsp;&nbsp;5887 | &nbsp;&nbsp;&nbsp;&nbsp;551671 |
| Argan, Inc. | &nbsp;&nbsp;&nbsp;1605 | &nbsp;&nbsp;&nbsp;&nbsp;433430 |
| Bouygues SA | &nbsp;&nbsp;21898 | &nbsp;&nbsp;&nbsp;&nbsp;987680 |
| Bowman Consulting Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;1744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73876 |
| Centuri Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8423 | &nbsp;&nbsp;&nbsp;&nbsp;178315 |
| Comfort Systems USA, Inc. | &nbsp;&nbsp;&nbsp;5519 | &nbsp;&nbsp;&nbsp;4554168 |
| Construction Partners, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5594 | &nbsp;&nbsp;&nbsp;&nbsp;710438 |
| Dycom Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;3343 | &nbsp;&nbsp;&nbsp;&nbsp;975354 |
| Eiffage SA | &nbsp;&nbsp;&nbsp;7847 | &nbsp;&nbsp;&nbsp;1005341 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Construction and engineering (continued)** | **Construction and engineering (continued)** |  |
| EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;2943 | $&nbsp;&nbsp;&nbsp;1911596 |
| Ferrovial SE | &nbsp;&nbsp;58751 | &nbsp;&nbsp;&nbsp;3374674 |
| Fluor Corp. (A) | &nbsp;&nbsp;44847 | &nbsp;&nbsp;&nbsp;1886713 |
| Granite Construction, Inc. | &nbsp;&nbsp;&nbsp;5256 | &nbsp;&nbsp;&nbsp;&nbsp;576320 |
| Great Lakes Dredge & Dock Corp. (A) | &nbsp;&nbsp;&nbsp;8229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98666 |
| IES Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1094 | &nbsp;&nbsp;&nbsp;&nbsp;435029 |
| Kajima Corp. | &nbsp;&nbsp;48376 | &nbsp;&nbsp;&nbsp;1409910 |
| Limbach Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1292 | &nbsp;&nbsp;&nbsp;&nbsp;125479 |
| MasTec, Inc. (A) | &nbsp;&nbsp;&nbsp;9612 | &nbsp;&nbsp;&nbsp;2045530 |
| Matrix Service Company (A) | &nbsp;&nbsp;&nbsp;3438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44969 |
| MYR Group, Inc. (A) | &nbsp;&nbsp;&nbsp;1868 | &nbsp;&nbsp;&nbsp;&nbsp;388600 |
| NWPX Infrastructure, Inc. (A) | &nbsp;&nbsp;&nbsp;1204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63728 |
| Obayashi Corp. | &nbsp;&nbsp;74275 | &nbsp;&nbsp;&nbsp;1219113 |
| Orion Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;4647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38663 |
| Primoris Services Corp. | &nbsp;&nbsp;&nbsp;6431 | &nbsp;&nbsp;&nbsp;&nbsp;883169 |
| Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;9779 | &nbsp;&nbsp;&nbsp;4052613 |
| Skanska AB, B Shares | &nbsp;&nbsp;38925 | &nbsp;&nbsp;&nbsp;1010333 |
| Sterling Infrastructure, Inc. (A) | &nbsp;&nbsp;&nbsp;3562 | &nbsp;&nbsp;&nbsp;1209940 |
| Taisei Corp. | &nbsp;&nbsp;17808 | &nbsp;&nbsp;&nbsp;1223717 |
| Tutor Perini Corp. (A) | &nbsp;&nbsp;&nbsp;5388 | &nbsp;&nbsp;&nbsp;&nbsp;353399 |
| Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;1200024 |
| Vinci SA | &nbsp;&nbsp;56569 | &nbsp;&nbsp;&nbsp;7861506 |
|  |  | 47364065 |
| **Electrical equipment – 1.6%** | **Electrical equipment – 1.6%** |  |
| ABB, Ltd. | 179279 | 12973224 |
| Acuity, Inc. | &nbsp;&nbsp;&nbsp;4758 | &nbsp;&nbsp;&nbsp;1638608 |
| Allient, Inc. | &nbsp;&nbsp;&nbsp;1767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79073 |
| American Superconductor Corp. (A) | &nbsp;&nbsp;&nbsp;5213 | &nbsp;&nbsp;&nbsp;&nbsp;309600 |
| AMETEK, Inc. | &nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;2838800 |
| Amprius Technologies, Inc. (A) | &nbsp;&nbsp;11314 | &nbsp;&nbsp;&nbsp;&nbsp;119023 |
| Array Technologies, Inc. (A) | &nbsp;&nbsp;18470 | &nbsp;&nbsp;&nbsp;&nbsp;150531 |
| Atkore, Inc. | &nbsp;&nbsp;&nbsp;3934 | &nbsp;&nbsp;&nbsp;&nbsp;246819 |
| Bloom Energy Corp., Class A (A) | &nbsp;&nbsp;25666 | &nbsp;&nbsp;&nbsp;2170574 |
| Eaton Corp. PLC | &nbsp;&nbsp;25566 | &nbsp;&nbsp;&nbsp;9568076 |
| Emerson Electric Company | &nbsp;&nbsp;36886 | &nbsp;&nbsp;&nbsp;4838705 |
| EnerSys | &nbsp;&nbsp;10396 | &nbsp;&nbsp;&nbsp;1174332 |
| Enovix Corp. (A)(C) | &nbsp;&nbsp;20041 | &nbsp;&nbsp;&nbsp;&nbsp;199809 |
| Eos Energy Enterprises, Inc. (A)(C) | &nbsp;&nbsp;30482 | &nbsp;&nbsp;&nbsp;&nbsp;347190 |
| Fluence Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;9377 | &nbsp;&nbsp;&nbsp;&nbsp;101272 |
| Fuji Electric Company, Ltd. | &nbsp;&nbsp;15370 | &nbsp;&nbsp;&nbsp;1030308 |
| Fujikura, Ltd. | &nbsp;&nbsp;28766 | &nbsp;&nbsp;&nbsp;2813801 |
| GE Vernova, Inc. | &nbsp;&nbsp;17862 | 10983344 |
| Generac Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;4016 | &nbsp;&nbsp;&nbsp;&nbsp;672278 |
| Hubbell, Inc. | &nbsp;&nbsp;&nbsp;3372 | &nbsp;&nbsp;&nbsp;1451005 |
| Hyliion Holdings Corp. (A) | &nbsp;&nbsp;17117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33720 |
| KULR Technology Group, Inc. (A) | &nbsp;&nbsp;&nbsp;3795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15787 |
| Legrand SA | &nbsp;&nbsp;29997 | &nbsp;&nbsp;&nbsp;4984336 |
| LSI Industries, Inc. | &nbsp;&nbsp;&nbsp;3390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80038 |
| Mitsubishi Electric Corp. | 217549 | &nbsp;&nbsp;&nbsp;5587470 |
| NANO Nuclear Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;3722 | &nbsp;&nbsp;&nbsp;&nbsp;143520 |
| NEXTracker, Inc., Class A (A) | &nbsp;&nbsp;40640 | &nbsp;&nbsp;&nbsp;3006954 |
| Nidec Corp. | &nbsp;&nbsp;95489 | &nbsp;&nbsp;&nbsp;1697304 |
| NuScale Power Corp. (A)(C) | &nbsp;&nbsp;15078 | &nbsp;&nbsp;&nbsp;&nbsp;542808 |
| nVent Electric PLC | &nbsp;&nbsp;25234 | &nbsp;&nbsp;&nbsp;2489082 |
| Plug Power, Inc. (A)(C) | 130598 | &nbsp;&nbsp;&nbsp;&nbsp;304293 |
| Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp;351446 |
| Power Solutions International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78281 |
| Preformed Line Products Company | &nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58649 |
| Prysmian SpA | &nbsp;&nbsp;32204 | &nbsp;&nbsp;&nbsp;3204991 |
| Regal Rexnord Corp. | &nbsp;&nbsp;10406 | &nbsp;&nbsp;&nbsp;1492637 |
| Rockwell Automation, Inc. | &nbsp;&nbsp;&nbsp;7341 | &nbsp;&nbsp;&nbsp;2565900 |
| Schneider Electric SE | &nbsp;&nbsp;62714 | 17652253 |
| Sensata Technologies Holding PLC | &nbsp;&nbsp;22834 | &nbsp;&nbsp;&nbsp;&nbsp;697579 |
| Shoals Technologies Group, Inc., Class A (A) | &nbsp;&nbsp;20455 | &nbsp;&nbsp;&nbsp;&nbsp;151572 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electrical equipment (continued)** | **Electrical equipment (continued)** |  |
| Siemens Energy AG (A) | &nbsp;&nbsp;77715 | $&nbsp;&nbsp;&nbsp;&nbsp;9137661 |
| Sunrun, Inc. (A) | &nbsp;&nbsp;25336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438059 |
| T1 Energy, Inc. (A) | &nbsp;&nbsp;13820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30128 |
| Thermon Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;4180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111690 |
| Vestas Wind Systems A/S | 115515 | &nbsp;&nbsp;&nbsp;&nbsp;2197467 |
| Vicor Corp. (A) | &nbsp;&nbsp;&nbsp;2869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142647 |
|  |  | 110902644 |
| **Ground transportation – 0.7%** | **Ground transportation – 0.7%** |  |
| ArcBest Corp. | &nbsp;&nbsp;&nbsp;2793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195147 |
| Avis Budget Group, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425363 |
| Central Japan Railway Company | &nbsp;&nbsp;88363 | &nbsp;&nbsp;&nbsp;&nbsp;2533335 |
| Covenant Logistics Group, Inc. | &nbsp;&nbsp;&nbsp;2071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44858 |
| CSX Corp. | 122281 | &nbsp;&nbsp;&nbsp;&nbsp;4342198 |
| East Japan Railway Company | 110298 | &nbsp;&nbsp;&nbsp;&nbsp;2697759 |
| FTAI Infrastructure, Inc. | &nbsp;&nbsp;14289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62300 |
| Grab Holdings, Ltd., Class A (A) | 271417 | &nbsp;&nbsp;&nbsp;&nbsp;1633930 |
| Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;27495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810802 |
| Heartland Express, Inc. | &nbsp;&nbsp;&nbsp;4756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39855 |
| Hertz Global Holdings, Inc. (A)(C) | &nbsp;&nbsp;14432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98138 |
| JB Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;5327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714724 |
| Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;25446 | &nbsp;&nbsp;&nbsp;&nbsp;1005371 |
| Landstar System, Inc. | &nbsp;&nbsp;&nbsp;5433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665868 |
| Marten Transport, Ltd. | &nbsp;&nbsp;&nbsp;7312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77946 |
| MTR Corp., Ltd. | 178017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602869 |
| Norfolk Southern Corp. | &nbsp;&nbsp;14704 | &nbsp;&nbsp;&nbsp;&nbsp;4417229 |
| Old Dominion Freight Line, Inc. | &nbsp;&nbsp;11860 | &nbsp;&nbsp;&nbsp;&nbsp;1669651 |
| Proficient Auto Logistics, Inc. (A) | &nbsp;&nbsp;&nbsp;2904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20009 |
| RXO, Inc. (A) | &nbsp;&nbsp;19757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303863 |
| Ryder System, Inc. | &nbsp;&nbsp;&nbsp;6395 | &nbsp;&nbsp;&nbsp;&nbsp;1206353 |
| Saia, Inc. (A) | &nbsp;&nbsp;&nbsp;4176 | &nbsp;&nbsp;&nbsp;&nbsp;1250127 |
| Tokyo Metro Company, Ltd. (C) | &nbsp;&nbsp;33230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380858 |
| Tokyu Corp. | &nbsp;&nbsp;57183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697370 |
| Uber Technologies, Inc. (A) | 136865 | &nbsp;&nbsp;&nbsp;13408664 |
| Union Pacific Corp. | &nbsp;&nbsp;38918 | &nbsp;&nbsp;&nbsp;&nbsp;9199048 |
| Universal Logistics Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21096 |
| Werner Enterprises, Inc. | &nbsp;&nbsp;&nbsp;6231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164000 |
| West Japan Railway Company | &nbsp;&nbsp;48492 | &nbsp;&nbsp;&nbsp;&nbsp;1063329 |
| XPO, Inc. (A) | &nbsp;&nbsp;18463 | &nbsp;&nbsp;&nbsp;&nbsp;2386712 |
|  |  | &nbsp;&nbsp;&nbsp;52138772 |
| **Industrial conglomerates – 0.8%** | **Industrial conglomerates – 0.8%** |  |
| 3M Company | &nbsp;&nbsp;34923 | &nbsp;&nbsp;&nbsp;&nbsp;5419351 |
| Brookfield Business Corp., Class A | &nbsp;&nbsp;&nbsp;2991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100288 |
| CK Hutchison Holdings, Ltd. | 306673 | &nbsp;&nbsp;&nbsp;&nbsp;2014835 |
| DCC PLC | &nbsp;&nbsp;11230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722897 |
| Hikari Tsushin, Inc. | &nbsp;&nbsp;&nbsp;2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564380 |
| Hitachi, Ltd. | 524067 | &nbsp;&nbsp;&nbsp;13884142 |
| Honeywell International, Inc. | &nbsp;&nbsp;41663 | &nbsp;&nbsp;&nbsp;&nbsp;8770062 |
| Investment AB Latour, B Shares | &nbsp;&nbsp;16936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402136 |
| Jardine Matheson Holdings, Ltd. | &nbsp;&nbsp;18563 | &nbsp;&nbsp;&nbsp;&nbsp;1171458 |
| Keppel, Ltd. | 166586 | &nbsp;&nbsp;&nbsp;&nbsp;1153067 |
| Lifco AB, B Shares | &nbsp;&nbsp;26665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;902869 |
| Sekisui Chemical Company, Ltd. | &nbsp;&nbsp;42830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797351 |
| Siemens AG | &nbsp;&nbsp;86933 | &nbsp;&nbsp;&nbsp;23469997 |
| Smiths Group PLC | &nbsp;&nbsp;37832 | &nbsp;&nbsp;&nbsp;&nbsp;1199469 |
| Swire Pacific, Ltd., Class A | &nbsp;&nbsp;40095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339701 |
|  |  | &nbsp;&nbsp;&nbsp;60912003 |
| **Machinery – 2.3%** | **Machinery – 2.3%** |  |
| 3D Systems Corp. (A)(C) | &nbsp;&nbsp;16086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46649 |
| Aebi Schmidt Holding AG | &nbsp;&nbsp;&nbsp;4936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61552 |
| AGCO Corp. | &nbsp;&nbsp;&nbsp;9710 | &nbsp;&nbsp;&nbsp;&nbsp;1039650 |
| Alamo Group, Inc. | &nbsp;&nbsp;&nbsp;1236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235952 |
| Albany International Corp., Class A | &nbsp;&nbsp;&nbsp;3703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197370 |
| Alfa Laval AB | &nbsp;&nbsp;33095 | &nbsp;&nbsp;&nbsp;&nbsp;1511292 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| Alstom SA (A) | &nbsp;&nbsp;39638 | $&nbsp;&nbsp;&nbsp;1037185 |
| Astec Industries, Inc. | &nbsp;&nbsp;&nbsp;2785 | &nbsp;&nbsp;&nbsp;&nbsp;134042 |
| Atlas Copco AB, A Shares | 307249 | &nbsp;&nbsp;&nbsp;5210323 |
| Atlas Copco AB, B Shares | 178542 | &nbsp;&nbsp;&nbsp;2686603 |
| Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;10016 | &nbsp;&nbsp;&nbsp;&nbsp;451621 |
| Blue Bird Corp. (A) | &nbsp;&nbsp;&nbsp;3710 | &nbsp;&nbsp;&nbsp;&nbsp;213511 |
| Caterpillar, Inc. | &nbsp;&nbsp;30751 | 14672840 |
| Chart Industries, Inc. (A) | &nbsp;&nbsp;12310 | &nbsp;&nbsp;&nbsp;2463847 |
| CNH Industrial NV | 139238 | &nbsp;&nbsp;&nbsp;1510732 |
| Columbus McKinnon Corp. | &nbsp;&nbsp;&nbsp;3664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52542 |
| Crane Company | &nbsp;&nbsp;&nbsp;7669 | &nbsp;&nbsp;&nbsp;1412170 |
| Cummins, Inc. | &nbsp;&nbsp;&nbsp;9032 | &nbsp;&nbsp;&nbsp;3814846 |
| Daifuku Company, Ltd. | &nbsp;&nbsp;36931 | &nbsp;&nbsp;&nbsp;1181939 |
| Daimler Truck Holding AG | &nbsp;&nbsp;54347 | &nbsp;&nbsp;&nbsp;2247332 |
| Deere & Company | &nbsp;&nbsp;16535 | &nbsp;&nbsp;&nbsp;7560794 |
| Donaldson Company, Inc. | &nbsp;&nbsp;18269 | &nbsp;&nbsp;&nbsp;1495318 |
| Douglas Dynamics, Inc. | &nbsp;&nbsp;&nbsp;2733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85434 |
| Dover Corp. | &nbsp;&nbsp;&nbsp;8674 | &nbsp;&nbsp;&nbsp;1447083 |
| Energy Recovery, Inc. (A) | &nbsp;&nbsp;&nbsp;6556 | &nbsp;&nbsp;&nbsp;&nbsp;101094 |
| Enerpac Tool Group Corp. | &nbsp;&nbsp;&nbsp;6571 | &nbsp;&nbsp;&nbsp;&nbsp;269411 |
| Enpro, Inc. | &nbsp;&nbsp;&nbsp;2495 | &nbsp;&nbsp;&nbsp;&nbsp;563870 |
| Epiroc AB, A Shares | &nbsp;&nbsp;75384 | &nbsp;&nbsp;&nbsp;1595885 |
| Epiroc AB, B Shares | &nbsp;&nbsp;44606 | &nbsp;&nbsp;&nbsp;&nbsp;843876 |
| Esab Corp. | &nbsp;&nbsp;&nbsp;8946 | &nbsp;&nbsp;&nbsp;&nbsp;999626 |
| ESCO Technologies, Inc. | &nbsp;&nbsp;&nbsp;3064 | &nbsp;&nbsp;&nbsp;&nbsp;646841 |
| FANUC Corp. | 106752 | &nbsp;&nbsp;&nbsp;3067727 |
| Federal Signal Corp. | &nbsp;&nbsp;&nbsp;7106 | &nbsp;&nbsp;&nbsp;&nbsp;845543 |
| Flowserve Corp. | &nbsp;&nbsp;20505 | &nbsp;&nbsp;&nbsp;1089636 |
| Fortive Corp. | &nbsp;&nbsp;23105 | &nbsp;&nbsp;&nbsp;1131914 |
| Franklin Electric Company, Inc. | &nbsp;&nbsp;&nbsp;4589 | &nbsp;&nbsp;&nbsp;&nbsp;436873 |
| GEA Group AG | &nbsp;&nbsp;16761 | &nbsp;&nbsp;&nbsp;1239176 |
| Gencor Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21243 |
| Graco, Inc. | &nbsp;&nbsp;25978 | &nbsp;&nbsp;&nbsp;2207091 |
| Graham Corp. (A) | &nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69998 |
| Helios Technologies, Inc. | &nbsp;&nbsp;&nbsp;4041 | &nbsp;&nbsp;&nbsp;&nbsp;210657 |
| Hillenbrand, Inc. | &nbsp;&nbsp;&nbsp;8621 | &nbsp;&nbsp;&nbsp;&nbsp;233112 |
| Hillman Solutions Corp. (A) | &nbsp;&nbsp;24183 | &nbsp;&nbsp;&nbsp;&nbsp;222000 |
| Hyster-Yale, Inc. | &nbsp;&nbsp;&nbsp;1496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55143 |
| IDEX Corp. | &nbsp;&nbsp;&nbsp;5135 | &nbsp;&nbsp;&nbsp;&nbsp;835773 |
| IHI Corp. | 117663 | &nbsp;&nbsp;&nbsp;2191388 |
| Illinois Tool Works, Inc. | &nbsp;&nbsp;17295 | &nbsp;&nbsp;&nbsp;4509844 |
| Indutrade AB | &nbsp;&nbsp;31256 | &nbsp;&nbsp;&nbsp;&nbsp;719123 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;23688 | &nbsp;&nbsp;&nbsp;1957103 |
| ITT, Inc. | &nbsp;&nbsp;12229 | &nbsp;&nbsp;&nbsp;2186056 |
| JBT Marel Corp. | &nbsp;&nbsp;&nbsp;6207 | &nbsp;&nbsp;&nbsp;&nbsp;871773 |
| Kadant, Inc. | &nbsp;&nbsp;&nbsp;1419 | &nbsp;&nbsp;&nbsp;&nbsp;422266 |
| Kawasaki Heavy Industries, Ltd. | &nbsp;&nbsp;17287 | &nbsp;&nbsp;&nbsp;1140934 |
| Kennametal, Inc. | &nbsp;&nbsp;&nbsp;8536 | &nbsp;&nbsp;&nbsp;&nbsp;178658 |
| Knorr-Bremse AG | &nbsp;&nbsp;&nbsp;8298 | &nbsp;&nbsp;&nbsp;&nbsp;780749 |
| Komatsu, Ltd. | 108776 | &nbsp;&nbsp;&nbsp;3789451 |
| Kone OYJ, B Shares | &nbsp;&nbsp;38879 | &nbsp;&nbsp;&nbsp;2651903 |
| Kubota Corp. | 111900 | &nbsp;&nbsp;&nbsp;1405957 |
| LB Foster Company, Class A (A) | &nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35035 |
| Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;8652 | &nbsp;&nbsp;&nbsp;2040401 |
| Lindsay Corp. | &nbsp;&nbsp;&nbsp;1311 | &nbsp;&nbsp;&nbsp;&nbsp;184274 |
| Luxfer Holdings PLC | &nbsp;&nbsp;&nbsp;3411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47413 |
| Makita Corp. | &nbsp;&nbsp;25624 | &nbsp;&nbsp;&nbsp;&nbsp;830509 |
| Mayville Engineering Company, Inc. (A) | &nbsp;&nbsp;&nbsp;1879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25855 |
| Metso OYJ | &nbsp;&nbsp;75860 | &nbsp;&nbsp;&nbsp;1045676 |
| Microvast Holdings, Inc. (A)(C) | &nbsp;&nbsp;24149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92974 |
| Miller Industries, Inc. | &nbsp;&nbsp;&nbsp;1348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54486 |
| MINEBEA MITSUMI, Inc. | &nbsp;&nbsp;41525 | &nbsp;&nbsp;&nbsp;&nbsp;780287 |
| Mitsubishi Heavy Industries, Ltd. | 366603 | &nbsp;&nbsp;&nbsp;9593668 |
| Mueller Industries, Inc. | &nbsp;&nbsp;17356 | &nbsp;&nbsp;&nbsp;1754865 |
| Mueller Water Products, Inc., Class A | &nbsp;&nbsp;18813 | &nbsp;&nbsp;&nbsp;&nbsp;480108 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| Nordson Corp. | &nbsp;&nbsp;&nbsp;3675 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834041 |
| Omega Flex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16778 |
| Oshkosh Corp. | &nbsp;&nbsp;10034 | &nbsp;&nbsp;&nbsp;&nbsp;1301410 |
| Otis Worldwide Corp. | &nbsp;&nbsp;25593 | &nbsp;&nbsp;&nbsp;&nbsp;2339968 |
| PACCAR, Inc. | &nbsp;&nbsp;34486 | &nbsp;&nbsp;&nbsp;&nbsp;3390664 |
| Palladyne AI Corp. (A)(C) | &nbsp;&nbsp;&nbsp;3015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25899 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;8378 | &nbsp;&nbsp;&nbsp;&nbsp;6351781 |
| Park-Ohio Holdings Corp. | &nbsp;&nbsp;&nbsp;1278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27145 |
| Pentair PLC | &nbsp;&nbsp;11184 | &nbsp;&nbsp;&nbsp;&nbsp;1238740 |
| Proto Labs, Inc. (A) | &nbsp;&nbsp;&nbsp;2891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144637 |
| Rational AG | &nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447044 |
| RBC Bearings, Inc. (A) | &nbsp;&nbsp;&nbsp;4928 | &nbsp;&nbsp;&nbsp;&nbsp;1923349 |
| REV Group, Inc. | &nbsp;&nbsp;&nbsp;5747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325682 |
| Richtech Robotics, Inc., Class B (A)(C) | &nbsp;&nbsp;&nbsp;8385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35972 |
| Sandvik AB | 121963 | &nbsp;&nbsp;&nbsp;&nbsp;3407083 |
| Schindler Holding AG | &nbsp;&nbsp;&nbsp;2685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971565 |
| Schindler Holding AG, Participation Certificates | &nbsp;&nbsp;&nbsp;4657 | &nbsp;&nbsp;&nbsp;&nbsp;1770947 |
| SKF AB, B Shares | &nbsp;&nbsp;39021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970498 |
| SMC Corp. | &nbsp;&nbsp;&nbsp;6575 | &nbsp;&nbsp;&nbsp;&nbsp;2032280 |
| Snap-on, Inc. | &nbsp;&nbsp;&nbsp;3555 | &nbsp;&nbsp;&nbsp;&nbsp;1231914 |
| Spirax Group PLC | &nbsp;&nbsp;&nbsp;8420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775346 |
| SPX Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;5745 | &nbsp;&nbsp;&nbsp;&nbsp;1073051 |
| Standex International Corp. | &nbsp;&nbsp;&nbsp;1434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303865 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;10517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781729 |
| Techtronic Industries Company, Ltd. | 167564 | &nbsp;&nbsp;&nbsp;&nbsp;2142008 |
| Tennant Company | &nbsp;&nbsp;&nbsp;2267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183763 |
| Terex Corp. | &nbsp;&nbsp;17714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908728 |
| The Gorman-Rupp Company | &nbsp;&nbsp;&nbsp;2687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124704 |
| The Greenbrier Companies, Inc. | &nbsp;&nbsp;&nbsp;3684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170090 |
| The Manitowoc Company, Inc. (A) | &nbsp;&nbsp;&nbsp;4311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43153 |
| The Middleby Corp. (A) | &nbsp;&nbsp;&nbsp;7311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971851 |
| The Timken Company | &nbsp;&nbsp;&nbsp;9936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746988 |
| The Toro Company | &nbsp;&nbsp;15472 | &nbsp;&nbsp;&nbsp;&nbsp;1178966 |
| Titan International, Inc. (A) | &nbsp;&nbsp;&nbsp;6032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45602 |
| Toyota Industries Corp. | &nbsp;&nbsp;18636 | &nbsp;&nbsp;&nbsp;&nbsp;2095962 |
| Trelleborg AB, B Shares | &nbsp;&nbsp;23200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867406 |
| Trinity Industries, Inc. | &nbsp;&nbsp;&nbsp;9876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276923 |
| VAT Group AG (B) | &nbsp;&nbsp;&nbsp;3088 | &nbsp;&nbsp;&nbsp;&nbsp;1232629 |
| Volvo AB, B Shares | 181719 | &nbsp;&nbsp;&nbsp;&nbsp;5225799 |
| Wabash National Corp. | &nbsp;&nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51600 |
| Wabtec Corp. | &nbsp;&nbsp;11036 | &nbsp;&nbsp;&nbsp;&nbsp;2212387 |
| Wartsila OYJ ABP | &nbsp;&nbsp;57533 | &nbsp;&nbsp;&nbsp;&nbsp;1725684 |
| Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;7527 | &nbsp;&nbsp;&nbsp;&nbsp;2102141 |
| Worthington Enterprises, Inc. | &nbsp;&nbsp;&nbsp;3841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213137 |
| Xylem, Inc. | &nbsp;&nbsp;15757 | &nbsp;&nbsp;&nbsp;&nbsp;2324158 |
| Yangzijiang Shipbuilding Holdings, Ltd. | 295478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773048 |
|  |  | 164565987 |
| **Marine transportation – 0.1%** | **Marine transportation – 0.1%** |  |
| A.P. Moller - Maersk A/S, Series A | &nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657131 |
| A.P. Moller - Maersk A/S, Series B | &nbsp;&nbsp;&nbsp;&nbsp;452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888530 |
| Costamare, Inc. | &nbsp;&nbsp;&nbsp;5369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63945 |
| Genco Shipping & Trading, Ltd. | &nbsp;&nbsp;&nbsp;3872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68922 |
| Himalaya Shipping, Ltd. (A)(C) | &nbsp;&nbsp;&nbsp;3689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30360 |
| Kawasaki Kisen Kaisha, Ltd. (C) | &nbsp;&nbsp;40210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571741 |
| Kirby Corp. (A) | &nbsp;&nbsp;&nbsp;8749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730104 |
| Kuehne + Nagel International AG | &nbsp;&nbsp;&nbsp;5525 | &nbsp;&nbsp;&nbsp;&nbsp;1033934 |
| Matson, Inc. | &nbsp;&nbsp;&nbsp;3917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386177 |
| Mitsui OSK Lines, Ltd. (C) | &nbsp;&nbsp;39429 | &nbsp;&nbsp;&nbsp;&nbsp;1197044 |
| Nippon Yusen KK (C) | &nbsp;&nbsp;49655 | &nbsp;&nbsp;&nbsp;&nbsp;1694484 |
| Pangaea Logistics Solutions, Ltd. | &nbsp;&nbsp;&nbsp;4333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22012 |
| Safe Bulkers, Inc. | &nbsp;&nbsp;&nbsp;6978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30982 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Marine transportation (continued)** | **Marine transportation (continued)** |  |
| SITC International Holdings Company, Ltd. | 154421 | $&nbsp;&nbsp;&nbsp;&nbsp;594539 |
|  |  | &nbsp;&nbsp;&nbsp;7969905 |
| **Passenger airlines – 0.2%** | **Passenger airlines – 0.2%** |  |
| Alaska Air Group, Inc. (A) | &nbsp;&nbsp;18079 | &nbsp;&nbsp;&nbsp;&nbsp;899973 |
| Allegiant Travel Company (A) | &nbsp;&nbsp;&nbsp;1749 | &nbsp;&nbsp;&nbsp;&nbsp;106287 |
| American Airlines Group, Inc. (A) | 103451 | &nbsp;&nbsp;&nbsp;1162789 |
| ANA Holdings, Inc. | &nbsp;&nbsp;18283 | &nbsp;&nbsp;&nbsp;&nbsp;353218 |
| Delta Air Lines, Inc. | &nbsp;&nbsp;42503 | &nbsp;&nbsp;&nbsp;2412045 |
| Deutsche Lufthansa AG | &nbsp;&nbsp;68637 | &nbsp;&nbsp;&nbsp;&nbsp;582535 |
| Frontier Group Holdings, Inc. (A) | &nbsp;&nbsp;10525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46468 |
| International Consolidated Airlines Group SA | 142170 | &nbsp;&nbsp;&nbsp;&nbsp;744039 |
| Japan Airlines Company, Ltd. | &nbsp;&nbsp;16504 | &nbsp;&nbsp;&nbsp;&nbsp;332314 |
| JetBlue Airways Corp. (A) | &nbsp;&nbsp;38896 | &nbsp;&nbsp;&nbsp;&nbsp;191368 |
| Joby Aviation, Inc. (A) | &nbsp;&nbsp;55093 | &nbsp;&nbsp;&nbsp;&nbsp;889201 |
| Qantas Airways, Ltd. | &nbsp;&nbsp;84814 | &nbsp;&nbsp;&nbsp;&nbsp;612849 |
| Ryanair Holdings PLC | &nbsp;&nbsp;97090 | &nbsp;&nbsp;&nbsp;2837206 |
| Singapore Airlines, Ltd. | 173186 | &nbsp;&nbsp;&nbsp;&nbsp;875526 |
| SkyWest, Inc. (A) | &nbsp;&nbsp;&nbsp;4854 | &nbsp;&nbsp;&nbsp;&nbsp;488409 |
| Southwest Airlines Company | &nbsp;&nbsp;34431 | &nbsp;&nbsp;&nbsp;1098693 |
| Strata Critical Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;7728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39104 |
| Sun Country Airlines Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;6158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72726 |
| United Airlines Holdings, Inc. (A) | &nbsp;&nbsp;21152 | &nbsp;&nbsp;&nbsp;2041168 |
|  |  | 15785918 |
| **Professional services – 1.0%** | **Professional services – 1.0%** |  |
| Acuren Corp. (A) | &nbsp;&nbsp;20919 | &nbsp;&nbsp;&nbsp;&nbsp;278432 |
| Alight, Inc., Class A | &nbsp;&nbsp;52712 | &nbsp;&nbsp;&nbsp;&nbsp;171841 |
| Asure Software, Inc. (A) | &nbsp;&nbsp;&nbsp;3288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26962 |
| Automatic Data Processing, Inc. | &nbsp;&nbsp;26654 | &nbsp;&nbsp;&nbsp;7822949 |
| Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;3009 | &nbsp;&nbsp;&nbsp;&nbsp;133359 |
| BlackSky Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;3909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78766 |
| Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;&nbsp;7533 | &nbsp;&nbsp;&nbsp;1794135 |
| Bureau Veritas SA | &nbsp;&nbsp;36342 | &nbsp;&nbsp;&nbsp;1139879 |
| CACI International, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3448 | &nbsp;&nbsp;&nbsp;1719793 |
| CBIZ, Inc. (A) | &nbsp;&nbsp;&nbsp;5811 | &nbsp;&nbsp;&nbsp;&nbsp;307751 |
| Computershare, Ltd. | &nbsp;&nbsp;59544 | &nbsp;&nbsp;&nbsp;1430595 |
| Concentrix Corp. | &nbsp;&nbsp;&nbsp;7016 | &nbsp;&nbsp;&nbsp;&nbsp;323788 |
| Conduent, Inc. (A) | &nbsp;&nbsp;18520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51856 |
| CRA International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp;166615 |
| CSG Systems International, Inc. | &nbsp;&nbsp;&nbsp;3333 | &nbsp;&nbsp;&nbsp;&nbsp;214579 |
| Dayforce, Inc. (A) | &nbsp;&nbsp;10868 | &nbsp;&nbsp;&nbsp;&nbsp;748697 |
| Equifax, Inc. | &nbsp;&nbsp;&nbsp;8021 | &nbsp;&nbsp;&nbsp;2057627 |
| ExlService Holdings, Inc. (A) | &nbsp;&nbsp;25323 | &nbsp;&nbsp;&nbsp;1114972 |
| Experian PLC | 105107 | &nbsp;&nbsp;&nbsp;5279225 |
| Exponent, Inc. | &nbsp;&nbsp;14088 | &nbsp;&nbsp;&nbsp;&nbsp;978834 |
| First Advantage Corp. (A) | &nbsp;&nbsp;&nbsp;9722 | &nbsp;&nbsp;&nbsp;&nbsp;149622 |
| Franklin Covey Company (A) | &nbsp;&nbsp;&nbsp;1590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30862 |
| FTI Consulting, Inc. (A) | &nbsp;&nbsp;&nbsp;4977 | &nbsp;&nbsp;&nbsp;&nbsp;804532 |
| Genpact, Ltd. | &nbsp;&nbsp;25410 | &nbsp;&nbsp;&nbsp;1064425 |
| Heidrick & Struggles International, Inc. | &nbsp;&nbsp;&nbsp;2476 | &nbsp;&nbsp;&nbsp;&nbsp;123231 |
| Huron Consulting Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2051 | &nbsp;&nbsp;&nbsp;&nbsp;301025 |
| IBEX Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;1255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50853 |
| ICF International, Inc. | &nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp;206016 |
| Innodata, Inc. (A) | &nbsp;&nbsp;&nbsp;3662 | &nbsp;&nbsp;&nbsp;&nbsp;282230 |
| Insperity, Inc. | &nbsp;&nbsp;10021 | &nbsp;&nbsp;&nbsp;&nbsp;493033 |
| Intertek Group PLC | &nbsp;&nbsp;18008 | &nbsp;&nbsp;&nbsp;1146279 |
| Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;8168 | &nbsp;&nbsp;&nbsp;1224056 |
| KBR, Inc. | &nbsp;&nbsp;20200 | &nbsp;&nbsp;&nbsp;&nbsp;955258 |
| Kelly Services, Inc., Class A | &nbsp;&nbsp;&nbsp;3826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50197 |
| Kforce, Inc. | &nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66556 |
| Korn Ferry | &nbsp;&nbsp;&nbsp;6185 | &nbsp;&nbsp;&nbsp;&nbsp;432826 |
| Legalzoom.com, Inc. (A) | &nbsp;&nbsp;14456 | &nbsp;&nbsp;&nbsp;&nbsp;150053 |
| Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;8147 | &nbsp;&nbsp;&nbsp;1539457 |
| Maximus, Inc. | &nbsp;&nbsp;15502 | &nbsp;&nbsp;&nbsp;1416418 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Professional services (continued)** | **Professional services (continued)** |  |
| Mistras Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2181 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21461 |
| Parsons Corp. (A) | &nbsp;&nbsp;&nbsp;8372 | &nbsp;&nbsp;&nbsp;&nbsp;694206 |
| Paychex, Inc. | &nbsp;&nbsp;20956 | &nbsp;&nbsp;&nbsp;2656383 |
| Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp;689568 |
| Paylocity Holding Corp. (A) | &nbsp;&nbsp;&nbsp;7005 | &nbsp;&nbsp;&nbsp;1115686 |
| Planet Labs PBC (A) | &nbsp;&nbsp;27835 | &nbsp;&nbsp;&nbsp;&nbsp;361298 |
| Randstad NV | &nbsp;&nbsp;12413 | &nbsp;&nbsp;&nbsp;&nbsp;529281 |
| RCM Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16488 |
| Recruit Holdings Company, Ltd. | 152063 | &nbsp;&nbsp;&nbsp;8175490 |
| RELX PLC (Euronext Amsterdam Exchange) | 209926 | 10030013 |
| Resolute Holdings Management, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37229 |
| Resources Connection, Inc. | &nbsp;&nbsp;&nbsp;4990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25200 |
| Science Applications International Corp. | &nbsp;&nbsp;&nbsp;7349 | &nbsp;&nbsp;&nbsp;&nbsp;730270 |
| SGS SA | &nbsp;&nbsp;18938 | &nbsp;&nbsp;&nbsp;1968034 |
| Spire Global, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;3286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36113 |
| Teleperformance SE | &nbsp;&nbsp;&nbsp;6164 | &nbsp;&nbsp;&nbsp;&nbsp;460410 |
| TransUnion | &nbsp;&nbsp;30542 | &nbsp;&nbsp;&nbsp;2558809 |
| TriNet Group, Inc. | &nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp;242476 |
| TrueBlue, Inc. (A) | &nbsp;&nbsp;&nbsp;3890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23846 |
| Upwork, Inc. (A) | &nbsp;&nbsp;14488 | &nbsp;&nbsp;&nbsp;&nbsp;269042 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;9065 | &nbsp;&nbsp;&nbsp;2279938 |
| Verra Mobility Corp. (A) | &nbsp;&nbsp;19286 | &nbsp;&nbsp;&nbsp;&nbsp;476364 |
| Willdan Group, Inc. (A) | &nbsp;&nbsp;&nbsp;1682 | &nbsp;&nbsp;&nbsp;&nbsp;162633 |
| WNS Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;4440 | &nbsp;&nbsp;&nbsp;&nbsp;338639 |
| Wolters Kluwer NV | &nbsp;&nbsp;27283 | &nbsp;&nbsp;&nbsp;3724127 |
|  |  | 73950588 |
| **Trading companies and distributors – 1.0%** | **Trading companies and distributors – 1.0%** |  |
| AddTech AB, B Shares | &nbsp;&nbsp;29733 | &nbsp;&nbsp;&nbsp;&nbsp;967221 |
| AerCap Holdings NV | &nbsp;&nbsp;20183 | &nbsp;&nbsp;&nbsp;2442143 |
| Alta Equipment Group, Inc. | &nbsp;&nbsp;&nbsp;2753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19932 |
| Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;5971 | &nbsp;&nbsp;&nbsp;1558730 |
| Ashtead Group PLC | &nbsp;&nbsp;48811 | &nbsp;&nbsp;&nbsp;3273330 |
| Beijer Ref AB | &nbsp;&nbsp;44030 | &nbsp;&nbsp;&nbsp;&nbsp;688265 |
| BlueLinx Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69061 |
| Boise Cascade Company | &nbsp;&nbsp;&nbsp;4369 | &nbsp;&nbsp;&nbsp;&nbsp;337811 |
| Brenntag SE | &nbsp;&nbsp;14039 | &nbsp;&nbsp;&nbsp;&nbsp;841254 |
| Bunzl PLC | &nbsp;&nbsp;37481 | &nbsp;&nbsp;&nbsp;1184669 |
| Core & Main, Inc., Class A (A) | &nbsp;&nbsp;29735 | &nbsp;&nbsp;&nbsp;1600635 |
| Custom Truck One Source, Inc. (A) | &nbsp;&nbsp;&nbsp;7819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50198 |
| Distribution Solutions Group, Inc. (A) | &nbsp;&nbsp;&nbsp;1344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40428 |
| DNOW, Inc. (A) | &nbsp;&nbsp;12293 | &nbsp;&nbsp;&nbsp;&nbsp;187468 |
| DXP Enterprises, Inc. (A) | &nbsp;&nbsp;&nbsp;1574 | &nbsp;&nbsp;&nbsp;&nbsp;187416 |
| Fastenal Company | &nbsp;&nbsp;75281 | &nbsp;&nbsp;&nbsp;3691780 |
| GATX Corp. | &nbsp;&nbsp;&nbsp;9841 | &nbsp;&nbsp;&nbsp;1720207 |
| Global Industrial, Inc. | &nbsp;&nbsp;&nbsp;1913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70150 |
| Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;3954 | &nbsp;&nbsp;&nbsp;&nbsp;461274 |
| Hudson Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47416 |
| IMCD NV | &nbsp;&nbsp;&nbsp;6761 | &nbsp;&nbsp;&nbsp;&nbsp;700761 |
| ITOCHU Corp. | 135967 | &nbsp;&nbsp;&nbsp;7736300 |
| Karat Packaging, Inc. | &nbsp;&nbsp;&nbsp;1380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34790 |
| Marubeni Corp. | 161472 | &nbsp;&nbsp;&nbsp;4029082 |
| McGrath RentCorp | &nbsp;&nbsp;&nbsp;2983 | &nbsp;&nbsp;&nbsp;&nbsp;349906 |
| Mitsubishi Corp. | 368083 | &nbsp;&nbsp;&nbsp;8774874 |
| Mitsui & Company, Ltd. | 282519 | &nbsp;&nbsp;&nbsp;7015285 |
| MonotaRO Company, Ltd. | &nbsp;&nbsp;28674 | &nbsp;&nbsp;&nbsp;&nbsp;416310 |
| MRC Global, Inc. (A) | &nbsp;&nbsp;10345 | &nbsp;&nbsp;&nbsp;&nbsp;149175 |
| MSC Industrial Direct Company, Inc., Class A | &nbsp;&nbsp;&nbsp;7158 | &nbsp;&nbsp;&nbsp;&nbsp;659538 |
| NPK International, Inc. (A) | &nbsp;&nbsp;&nbsp;9823 | &nbsp;&nbsp;&nbsp;&nbsp;111098 |
| Rexel SA | &nbsp;&nbsp;25654 | &nbsp;&nbsp;&nbsp;&nbsp;844612 |
| Rush Enterprises, Inc., Class A | &nbsp;&nbsp;&nbsp;7011 | &nbsp;&nbsp;&nbsp;&nbsp;374878 |
| Rush Enterprises, Inc., Class B | &nbsp;&nbsp;&nbsp;1191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68387 |
| SGH, Ltd. | &nbsp;&nbsp;23278 | &nbsp;&nbsp;&nbsp;&nbsp;768404 |
| Sumitomo Corp. | 124679 | &nbsp;&nbsp;&nbsp;3607336 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Trading companies and distributors (continued)** | **Trading companies and distributors (continued)** |  |
| Titan Machinery, Inc. (A) | &nbsp;&nbsp;&nbsp;2583 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43239 |
| Toyota Tsusho Corp. | &nbsp;&nbsp;78973 | &nbsp;&nbsp;&nbsp;&nbsp;2186156 |
| Transcat, Inc. (A) | &nbsp;&nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82130 |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;4225 | &nbsp;&nbsp;&nbsp;&nbsp;4033439 |
| W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;2861 | &nbsp;&nbsp;&nbsp;&nbsp;2726419 |
| Watsco, Inc. | &nbsp;&nbsp;&nbsp;5472 | &nbsp;&nbsp;&nbsp;&nbsp;2212330 |
| WESCO International, Inc. | &nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp;1613745 |
| Willis Lease Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44280 |
| Xometry, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286893 |
|  |  | &nbsp;&nbsp;&nbsp;68308755 |
| **Transportation infrastructure – 0.1%** | **Transportation infrastructure – 0.1%** |  |
| Aena SME SA (B) | &nbsp;&nbsp;85789 | &nbsp;&nbsp;&nbsp;&nbsp;2345412 |
| Aeroports de Paris SA | &nbsp;&nbsp;&nbsp;3962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524884 |
| Auckland International Airport, Ltd. | 193093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882631 |
| Getlink SE | &nbsp;&nbsp;34602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638042 |
| Sky Harbour Group Corp. (A)(C) | &nbsp;&nbsp;&nbsp;2751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27152 |
| Transurban Group | 355554 | &nbsp;&nbsp;&nbsp;&nbsp;3244022 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7662143 |
|  |  | 916208266 |
| **Information technology – 22.6%** |  |  |
| **Communications equipment – 0.7%** | **Communications equipment – 0.7%** |  |
| ADTRAN Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;9102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85377 |
| Applied Optoelectronics, Inc. (A) | &nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168545 |
| Arista Networks, Inc. (A) | &nbsp;&nbsp;67599 | &nbsp;&nbsp;&nbsp;&nbsp;9849850 |
| Aviat Networks, Inc. (A) | &nbsp;&nbsp;&nbsp;1399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32079 |
| BK Technologies Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28385 |
| Calix, Inc. (A) | &nbsp;&nbsp;&nbsp;7096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435482 |
| Ciena Corp. (A) | &nbsp;&nbsp;22164 | &nbsp;&nbsp;&nbsp;&nbsp;3228630 |
| Cisco Systems, Inc. | 259527 | &nbsp;&nbsp;&nbsp;17756837 |
| Clearfield, Inc. (A) | &nbsp;&nbsp;&nbsp;1457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50092 |
| CommScope Holding Company, Inc. (A) | &nbsp;&nbsp;25750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398610 |
| Digi International, Inc. (A) | &nbsp;&nbsp;&nbsp;4440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161882 |
| Extreme Networks, Inc. (A) | &nbsp;&nbsp;15905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328438 |
| F5, Inc. (A) | &nbsp;&nbsp;&nbsp;3904 | &nbsp;&nbsp;&nbsp;&nbsp;1261734 |
| Harmonic, Inc. (A) | &nbsp;&nbsp;13592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138367 |
| Inseego Corp. (A) | &nbsp;&nbsp;&nbsp;1488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22275 |
| Lumentum Holdings, Inc. (A) | &nbsp;&nbsp;10944 | &nbsp;&nbsp;&nbsp;&nbsp;1780698 |
| Motorola Solutions, Inc. | &nbsp;&nbsp;10916 | &nbsp;&nbsp;&nbsp;&nbsp;4991778 |
| NETGEAR, Inc. (A) | &nbsp;&nbsp;&nbsp;3351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108539 |
| NetScout Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;8433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217824 |
| Nokia OYJ | 592870 | &nbsp;&nbsp;&nbsp;&nbsp;2850992 |
| Ribbon Communications, Inc. (A) | &nbsp;&nbsp;11781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44768 |
| Telefonaktiebolaget LM Ericsson, B Shares (C) | 320125 | &nbsp;&nbsp;&nbsp;&nbsp;2652557 |
| Viasat, Inc. (A) | &nbsp;&nbsp;14043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411460 |
| Viavi Solutions, Inc. (A) | &nbsp;&nbsp;26718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339051 |
|  |  | &nbsp;&nbsp;&nbsp;47344250 |
| **Electronic equipment, instruments and components – 1.1%** | **Electronic equipment, instruments and components – 1.1%** |  |
| 908 Devices, Inc. (A) | &nbsp;&nbsp;&nbsp;3459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30301 |
| Advanced Energy Industries, Inc. | &nbsp;&nbsp;&nbsp;4439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755251 |
| Aeva Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;3735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54158 |
| Amphenol Corp., Class A | &nbsp;&nbsp;80196 | &nbsp;&nbsp;&nbsp;&nbsp;9924255 |
| Arlo Technologies, Inc. (A) | &nbsp;&nbsp;12040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204078 |
| Arrow Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;8075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977075 |
| Avnet, Inc. | &nbsp;&nbsp;13148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687377 |
| Badger Meter, Inc. | &nbsp;&nbsp;&nbsp;3523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629137 |
| Bel Fuse, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25597 |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;&nbsp;1239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174724 |
| Belden, Inc. | &nbsp;&nbsp;10847 | &nbsp;&nbsp;&nbsp;&nbsp;1304569 |
| Benchmark Electronics, Inc. | &nbsp;&nbsp;&nbsp;4299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165726 |
| CDW Corp. | &nbsp;&nbsp;&nbsp;8952 | &nbsp;&nbsp;&nbsp;&nbsp;1425875 |
| Climb Global Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64049 |
| Cognex Corp. | &nbsp;&nbsp;26324 | &nbsp;&nbsp;&nbsp;&nbsp;1192477 |
| Coherent Corp. (A) | &nbsp;&nbsp;24371 | &nbsp;&nbsp;&nbsp;&nbsp;2625244 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| Corning, Inc. | &nbsp;&nbsp;50958 | $&nbsp;&nbsp;&nbsp;4180085 |
| Crane NXT Company | &nbsp;&nbsp;&nbsp;7742 | &nbsp;&nbsp;&nbsp;&nbsp;519256 |
| CTS Corp. | &nbsp;&nbsp;&nbsp;3593 | &nbsp;&nbsp;&nbsp;&nbsp;143504 |
| Daktronics, Inc. (A) | &nbsp;&nbsp;&nbsp;4534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94851 |
| ePlus, Inc. | &nbsp;&nbsp;&nbsp;3189 | &nbsp;&nbsp;&nbsp;&nbsp;226451 |
| Evolv Technologies Holdings, Inc. (A) | &nbsp;&nbsp;14052 | &nbsp;&nbsp;&nbsp;&nbsp;106093 |
| Fabrinet (A) | &nbsp;&nbsp;&nbsp;9930 | &nbsp;&nbsp;&nbsp;3620677 |
| Flex, Ltd. (A) | &nbsp;&nbsp;58845 | &nbsp;&nbsp;&nbsp;3411245 |
| Frequency Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28688 |
| Halma PLC | &nbsp;&nbsp;43428 | &nbsp;&nbsp;&nbsp;2021604 |
| Hexagon AB, B Shares | 237487 | &nbsp;&nbsp;&nbsp;2833968 |
| Insight Enterprises, Inc. (A) | &nbsp;&nbsp;&nbsp;3437 | &nbsp;&nbsp;&nbsp;&nbsp;389790 |
| IPG Photonics Corp. (A) | &nbsp;&nbsp;&nbsp;3972 | &nbsp;&nbsp;&nbsp;&nbsp;314543 |
| Itron, Inc. (A) | &nbsp;&nbsp;&nbsp;5376 | &nbsp;&nbsp;&nbsp;&nbsp;669635 |
| Jabil, Inc. | &nbsp;&nbsp;&nbsp;7297 | &nbsp;&nbsp;&nbsp;1584689 |
| Keyence Corp. | &nbsp;&nbsp;22256 | &nbsp;&nbsp;&nbsp;8291709 |
| Keysight Technologies, Inc. (A) | &nbsp;&nbsp;11106 | &nbsp;&nbsp;&nbsp;1942662 |
| Kimball Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;2977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88893 |
| Knowles Corp. (A) | &nbsp;&nbsp;&nbsp;9811 | &nbsp;&nbsp;&nbsp;&nbsp;228694 |
| Kyocera Corp. | 146860 | &nbsp;&nbsp;&nbsp;1972872 |
| Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;3885 | &nbsp;&nbsp;&nbsp;1006254 |
| Methode Electronics, Inc. | &nbsp;&nbsp;&nbsp;4360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32918 |
| MicroVision, Inc. (A)(C) | &nbsp;&nbsp;29715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36847 |
| Mirion Technologies, Inc. (A) | &nbsp;&nbsp;25894 | &nbsp;&nbsp;&nbsp;&nbsp;602294 |
| M-Tron Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17587 |
| Murata Manufacturing Company, Ltd. | 190859 | &nbsp;&nbsp;&nbsp;3623277 |
| Napco Security Technologies, Inc. | &nbsp;&nbsp;&nbsp;4258 | &nbsp;&nbsp;&nbsp;&nbsp;182881 |
| nLight, Inc. (A) | &nbsp;&nbsp;&nbsp;5864 | &nbsp;&nbsp;&nbsp;&nbsp;173750 |
| Novanta, Inc. (A) | &nbsp;&nbsp;10005 | &nbsp;&nbsp;&nbsp;1002001 |
| OSI Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp;481033 |
| Ouster, Inc. (A) | &nbsp;&nbsp;&nbsp;6150 | &nbsp;&nbsp;&nbsp;&nbsp;166358 |
| PAR Technology Corp. (A) | &nbsp;&nbsp;&nbsp;4871 | &nbsp;&nbsp;&nbsp;&nbsp;192794 |
| PC Connection, Inc. | &nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85236 |
| Plexus Corp. (A) | &nbsp;&nbsp;&nbsp;3238 | &nbsp;&nbsp;&nbsp;&nbsp;468506 |
| Powerfleet, Inc. (A) | &nbsp;&nbsp;15168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79480 |
| Red Cat Holdings, Inc. (A)(C) | &nbsp;&nbsp;10214 | &nbsp;&nbsp;&nbsp;&nbsp;105715 |
| Rogers Corp. (A) | &nbsp;&nbsp;&nbsp;2249 | &nbsp;&nbsp;&nbsp;&nbsp;180955 |
| Sanmina Corp. (A) | &nbsp;&nbsp;&nbsp;6192 | &nbsp;&nbsp;&nbsp;&nbsp;712761 |
| ScanSource, Inc. (A) | &nbsp;&nbsp;&nbsp;2289 | &nbsp;&nbsp;&nbsp;&nbsp;100693 |
| Shimadzu Corp. | &nbsp;&nbsp;27093 | &nbsp;&nbsp;&nbsp;&nbsp;683218 |
| TD SYNNEX Corp. | &nbsp;&nbsp;12025 | &nbsp;&nbsp;&nbsp;1969094 |
| TDK Corp. | 222351 | &nbsp;&nbsp;&nbsp;3219821 |
| TE Connectivity PLC | &nbsp;&nbsp;19412 | &nbsp;&nbsp;&nbsp;4261516 |
| Teledyne Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;2984 | &nbsp;&nbsp;&nbsp;1748743 |
| Trimble, Inc. (A) | &nbsp;&nbsp;16219 | &nbsp;&nbsp;&nbsp;1324281 |
| TTM Technologies, Inc. (A) | &nbsp;&nbsp;11957 | &nbsp;&nbsp;&nbsp;&nbsp;688723 |
| Vishay Intertechnology, Inc. | &nbsp;&nbsp;14655 | &nbsp;&nbsp;&nbsp;&nbsp;224222 |
| Vishay Precision Group, Inc. (A) | &nbsp;&nbsp;&nbsp;1541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49389 |
| Vontier Corp. | &nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp;965310 |
| Vuzix Corp. (A)(C) | &nbsp;&nbsp;&nbsp;7467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23372 |
| Yokogawa Electric Corp. | &nbsp;&nbsp;26119 | &nbsp;&nbsp;&nbsp;&nbsp;749578 |
| Zebra Technologies Corp., Class A (A) | &nbsp;&nbsp;&nbsp;3457 | &nbsp;&nbsp;&nbsp;1027282 |
|  |  | 79095691 |
| **IT services – 0.8%** | **IT services – 0.8%** |  |
| Accenture PLC, Class A | &nbsp;&nbsp;40870 | 10078542 |
| Akamai Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;9939 | &nbsp;&nbsp;&nbsp;&nbsp;752979 |
| Applied Digital Corp. (A) | &nbsp;&nbsp;25613 | &nbsp;&nbsp;&nbsp;&nbsp;587562 |
| ASGN, Inc. (A) | &nbsp;&nbsp;12060 | &nbsp;&nbsp;&nbsp;&nbsp;571041 |
| Backblaze, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61341 |
| BigBear.ai Holdings, Inc. (A)(C) | &nbsp;&nbsp;34999 | &nbsp;&nbsp;&nbsp;&nbsp;228193 |
| Capgemini SE | &nbsp;&nbsp;18620 | &nbsp;&nbsp;&nbsp;2716238 |
| Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;31928 | &nbsp;&nbsp;&nbsp;2141411 |
| Commerce.com, Inc., Series 1 (A) | &nbsp;&nbsp;&nbsp;8615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42989 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **IT services (continued)** | **IT services (continued)** |  |
| DigitalOcean Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8106 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276901 |
| EPAM Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;3851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580692 |
| Fastly, Inc., Class A (A) | &nbsp;&nbsp;16763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143324 |
| Fujitsu, Ltd. | 201370 | &nbsp;&nbsp;&nbsp;&nbsp;4723802 |
| Gartner, Inc. (A) | &nbsp;&nbsp;&nbsp;4796 | &nbsp;&nbsp;&nbsp;&nbsp;1260725 |
| GoDaddy, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;8917 | &nbsp;&nbsp;&nbsp;&nbsp;1220113 |
| Grid Dynamics Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;8324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64178 |
| IBM Corp. | &nbsp;&nbsp;61123 | &nbsp;&nbsp;&nbsp;17246466 |
| Information Services Group, Inc. | &nbsp;&nbsp;&nbsp;5022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28877 |
| Kyndryl Holdings, Inc. (A) | &nbsp;&nbsp;36240 | &nbsp;&nbsp;&nbsp;&nbsp;1088287 |
| NEC Corp. | 148249 | &nbsp;&nbsp;&nbsp;&nbsp;4745315 |
| Nomura Research Institute, Ltd. | &nbsp;&nbsp;43216 | &nbsp;&nbsp;&nbsp;&nbsp;1659150 |
| Obic Company, Ltd. | &nbsp;&nbsp;37026 | &nbsp;&nbsp;&nbsp;&nbsp;1290482 |
| Okta, Inc. (A) | &nbsp;&nbsp;26209 | &nbsp;&nbsp;&nbsp;&nbsp;2403365 |
| Otsuka Corp. | &nbsp;&nbsp;26079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544378 |
| SCSK Corp. | &nbsp;&nbsp;17895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535655 |
| The Hackett Group, Inc. | &nbsp;&nbsp;&nbsp;3262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62011 |
| TIS, Inc. | &nbsp;&nbsp;24320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802199 |
| TSS, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38882 |
| Tucows, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16458 |
| Twilio, Inc., Class A (A) | &nbsp;&nbsp;24056 | &nbsp;&nbsp;&nbsp;&nbsp;2407765 |
| Unisys Corp. (A) | &nbsp;&nbsp;&nbsp;8589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33497 |
| VeriSign, Inc. | &nbsp;&nbsp;&nbsp;5489 | &nbsp;&nbsp;&nbsp;&nbsp;1534560 |
| VTEX, Class A (A) | &nbsp;&nbsp;&nbsp;7710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33770 |
| Wix.com, Ltd. (A) | &nbsp;&nbsp;&nbsp;6368 | &nbsp;&nbsp;&nbsp;&nbsp;1131148 |
|  |  | &nbsp;&nbsp;&nbsp;61052296 |
| **Semiconductors and semiconductor equipment – 8.8%** | **Semiconductors and semiconductor equipment – 8.8%** |  |
| ACM Research, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238928 |
| Advanced Micro Devices, Inc. (A) | 106463 | &nbsp;&nbsp;&nbsp;17224649 |
| Advantest Corp. | &nbsp;&nbsp;87636 | &nbsp;&nbsp;&nbsp;&nbsp;8670943 |
| Aehr Test Systems (A)(C) | &nbsp;&nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104030 |
| Aeluma, Inc. (A) | &nbsp;&nbsp;&nbsp;1109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17855 |
| Allegro MicroSystems, Inc. (A) | &nbsp;&nbsp;19438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567590 |
| Alpha & Omega Semiconductor, Ltd. (A) | &nbsp;&nbsp;&nbsp;3010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84160 |
| Ambarella, Inc. (A) | &nbsp;&nbsp;&nbsp;4918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405833 |
| Ambiq Micro, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15858 |
| Amkor Technology, Inc. | &nbsp;&nbsp;17824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506202 |
| Analog Devices, Inc. | &nbsp;&nbsp;32551 | &nbsp;&nbsp;&nbsp;&nbsp;7997781 |
| Applied Materials, Inc. | &nbsp;&nbsp;52721 | &nbsp;&nbsp;&nbsp;10794098 |
| ASM International NV | &nbsp;&nbsp;&nbsp;5360 | &nbsp;&nbsp;&nbsp;&nbsp;3232883 |
| ASML Holding NV | &nbsp;&nbsp;45049 | &nbsp;&nbsp;&nbsp;43931196 |
| Atomera, Inc. (A) | &nbsp;&nbsp;&nbsp;3574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15797 |
| Axcelis Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;3880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378843 |
| BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;8354 | &nbsp;&nbsp;&nbsp;&nbsp;1250849 |
| Blaize Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;8958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30905 |
| Broadcom, Inc. | 308541 | 101790761 |
| CEVA, Inc. (A) | &nbsp;&nbsp;&nbsp;2864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75638 |
| Cirrus Logic, Inc. (A) | &nbsp;&nbsp;&nbsp;8048 | &nbsp;&nbsp;&nbsp;&nbsp;1008334 |
| Cohu, Inc. (A) | &nbsp;&nbsp;&nbsp;5598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113807 |
| Credo Technology Group Holding, Ltd. (A) | &nbsp;&nbsp;17685 | &nbsp;&nbsp;&nbsp;&nbsp;2575113 |
| Diodes, Inc. (A) | &nbsp;&nbsp;&nbsp;5547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295156 |
| Disco Corp. | &nbsp;&nbsp;10543 | &nbsp;&nbsp;&nbsp;&nbsp;3305656 |
| Entegris, Inc. | &nbsp;&nbsp;23769 | &nbsp;&nbsp;&nbsp;&nbsp;2197682 |
| First Solar, Inc. (A) | &nbsp;&nbsp;&nbsp;7290 | &nbsp;&nbsp;&nbsp;&nbsp;1607664 |
| FormFactor, Inc. (A) | &nbsp;&nbsp;&nbsp;9443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343914 |
| Ichor Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;4243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74337 |
| Impinj, Inc. (A) | &nbsp;&nbsp;&nbsp;3079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556529 |
| Indie Semiconductor, Inc., Class A (A)(C) | &nbsp;&nbsp;23711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96504 |
| Infineon Technologies AG | 149380 | &nbsp;&nbsp;&nbsp;&nbsp;5860202 |
| Intel Corp. (A) | 287065 | &nbsp;&nbsp;&nbsp;&nbsp;9631031 |
| KLA Corp. | &nbsp;&nbsp;&nbsp;8671 | &nbsp;&nbsp;&nbsp;&nbsp;9352541 |
| Kopin Corp. (A) | &nbsp;&nbsp;18452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44838 |
| Kulicke & Soffa Industries, Inc. | &nbsp;&nbsp;&nbsp;5871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238597 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;83076 | $&nbsp;&nbsp;&nbsp;11123876 |
| Lasertec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9167 | &nbsp;&nbsp;&nbsp;&nbsp;1254091 |
| Lattice Semiconductor Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;21463 | &nbsp;&nbsp;&nbsp;&nbsp;1573667 |
| MACOM Technology Solutions Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10041 | &nbsp;&nbsp;&nbsp;&nbsp;1250004 |
| MaxLinear, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159417 |
| Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34875 | &nbsp;&nbsp;&nbsp;&nbsp;2239673 |
| Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;73421 | &nbsp;&nbsp;&nbsp;12284802 |
| MKS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10529 | &nbsp;&nbsp;&nbsp;&nbsp;1303174 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3129 | &nbsp;&nbsp;&nbsp;&nbsp;2880683 |
| Navitas Semiconductor Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;16263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117419 |
| Nova, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3352 | &nbsp;&nbsp;&nbsp;&nbsp;1065924 |
| NVE Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40598 |
| NVIDIA Corp. | 1600621 | 298643866 |
| NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;&nbsp;16538 | &nbsp;&nbsp;&nbsp;&nbsp;3766199 |
| ON Semiconductor Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;26183 | &nbsp;&nbsp;&nbsp;&nbsp;1291084 |
| Onto Innovation, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992797 |
| PDF Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105087 |
| Penguin Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159231 |
| Photronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150896 |
| Power Integrations, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630211 |
| Qualcomm, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;70755 | &nbsp;&nbsp;&nbsp;11770802 |
| Rambus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;29751 | &nbsp;&nbsp;&nbsp;&nbsp;3100054 |
| Renesas Electronics Corp. | &nbsp;&nbsp;192575 | &nbsp;&nbsp;&nbsp;&nbsp;2215612 |
| Rigetti Computing, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;38206 | &nbsp;&nbsp;&nbsp;&nbsp;1138157 |
| SCREEN Holdings Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842331 |
| Semtech Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739936 |
| Silicon Laboratories, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8959 | &nbsp;&nbsp;&nbsp;&nbsp;1174794 |
| SiTime Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;2550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768341 |
| SkyWater Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58816 |
| Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785581 |
| STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp;78179 | &nbsp;&nbsp;&nbsp;&nbsp;2209724 |
| Synaptics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719210 |
| Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9936 | &nbsp;&nbsp;&nbsp;&nbsp;1367591 |
| Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59642 | &nbsp;&nbsp;&nbsp;10958025 |
| Tokyo Electron, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;51251 | &nbsp;&nbsp;&nbsp;&nbsp;9085109 |
| Ultra Clean Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149439 |
| Universal Display Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995500 |
| Veeco Instruments, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209085 |
|  |  | 623957510 |
| **Software – 7.3%** | **Software – 7.3%** |  |
| 8x8, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34344 |
| A10 Networks, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161118 |
| ACI Worldwide, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;12436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656248 |
| Adeia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222583 |
| Adobe, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;27825 | &nbsp;&nbsp;&nbsp;&nbsp;9815269 |
| Agilysys, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329222 |
| Alarm.com Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;5729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304095 |
| Alkami Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205750 |
| Amplitude, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;10911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116966 |
| Appfolio, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;3586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988517 |
| Appian Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;4807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146950 |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;17759 | &nbsp;&nbsp;&nbsp;12760552 |
| Arteris, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37602 |
| Asana, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;10083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134709 |
| Autodesk, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14021 | &nbsp;&nbsp;&nbsp;&nbsp;4454051 |
| AvePoint, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;16250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243913 |
| BILL Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;14376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761497 |
| Bit Digital, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;37805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113415 |
| Bitdeer Technologies Group, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;10874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185837 |
| Blackbaud, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674869 |
| Blackline, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;6074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322529 |
| Blend Labs, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;25713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93852 |
| Box, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;16892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545105 |
| Braze, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;9597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272939 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| c3.ai, Inc., Class A (A) | &nbsp;&nbsp;14722 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255279 |
| Cadence Design Systems, Inc. (A) | &nbsp;&nbsp;17873 | &nbsp;&nbsp;&nbsp;&nbsp;6278070 |
| Cerence, Inc. (A) | &nbsp;&nbsp;&nbsp;4513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56232 |
| Check Point Software Technologies, Ltd. (A) | &nbsp;&nbsp;&nbsp;9917 | &nbsp;&nbsp;&nbsp;&nbsp;2051926 |
| Cipher Mining, Inc. (A) | &nbsp;&nbsp;32036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403333 |
| CleanSpark, Inc. (A) | &nbsp;&nbsp;33503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485794 |
| Clear Secure, Inc., Class A | &nbsp;&nbsp;10090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336804 |
| Clearwater Analytics Holdings, Inc., Class A (A) | &nbsp;&nbsp;29761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536293 |
| CommVault Systems, Inc. (A) | &nbsp;&nbsp;12305 | &nbsp;&nbsp;&nbsp;&nbsp;2322938 |
| Consensus Cloud Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;2369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69578 |
| Core Scientific, Inc. (A)(C) | &nbsp;&nbsp;33969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609404 |
| CoreCard Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20217 |
| Crowdstrike Holdings, Inc., Class A (A) | &nbsp;&nbsp;16351 | &nbsp;&nbsp;&nbsp;&nbsp;8018203 |
| CyberArk Software, Ltd. (A) | &nbsp;&nbsp;&nbsp;5465 | &nbsp;&nbsp;&nbsp;&nbsp;2640415 |
| Daily Journal Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70236 |
| Dassault Systemes SE | &nbsp;&nbsp;76890 | &nbsp;&nbsp;&nbsp;&nbsp;2586658 |
| Datadog, Inc., Class A (A) | &nbsp;&nbsp;20894 | &nbsp;&nbsp;&nbsp;&nbsp;2975306 |
| Digimarc Corp. (A) | &nbsp;&nbsp;&nbsp;2171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21211 |
| Digital Turbine, Inc. (A) | &nbsp;&nbsp;12420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79488 |
| DocuSign, Inc. (A) | &nbsp;&nbsp;31680 | &nbsp;&nbsp;&nbsp;&nbsp;2283811 |
| Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;&nbsp;9593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694245 |
| Domo, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;3687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58402 |
| Dropbox, Inc., Class A (A) | &nbsp;&nbsp;29018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876634 |
| D-Wave Quantum, Inc. (A)(C) | &nbsp;&nbsp;36936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912689 |
| Dynatrace, Inc. (A) | &nbsp;&nbsp;47272 | &nbsp;&nbsp;&nbsp;&nbsp;2290328 |
| eGain Corp. (A) | &nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23517 |
| EverCommerce, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23918 |
| Fair Isaac Corp. (A) | &nbsp;&nbsp;&nbsp;1576 | &nbsp;&nbsp;&nbsp;&nbsp;2358531 |
| Five9, Inc. (A) | &nbsp;&nbsp;&nbsp;9251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223874 |
| Fortinet, Inc. (A) | &nbsp;&nbsp;43186 | &nbsp;&nbsp;&nbsp;&nbsp;3631079 |
| Freshworks, Inc., Class A (A) | &nbsp;&nbsp;23283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274041 |
| Gen Digital, Inc. | &nbsp;&nbsp;37104 | &nbsp;&nbsp;&nbsp;&nbsp;1053383 |
| Guidewire Software, Inc. (A) | &nbsp;&nbsp;13201 | &nbsp;&nbsp;&nbsp;&nbsp;3034382 |
| Hut 8 Corp. (A) | &nbsp;&nbsp;11387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396381 |
| i3 Verticals, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91472 |
| Intapp, Inc. (A) | &nbsp;&nbsp;&nbsp;6717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274725 |
| InterDigital, Inc. | &nbsp;&nbsp;&nbsp;3086 | &nbsp;&nbsp;&nbsp;&nbsp;1065380 |
| Intuit, Inc. | &nbsp;&nbsp;18298 | &nbsp;&nbsp;&nbsp;12495887 |
| Jamf Holding Corp. (A) | &nbsp;&nbsp;&nbsp;9333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99863 |
| Life360, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206860 |
| LiveRamp Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;7883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213945 |
| Manhattan Associates, Inc. (A) | &nbsp;&nbsp;&nbsp;9481 | &nbsp;&nbsp;&nbsp;&nbsp;1943415 |
| MARA Holdings, Inc. (A) | &nbsp;&nbsp;44377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810324 |
| Mercurity Fintech Holding, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;3918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96304 |
| MeridianLink, Inc. (A) | &nbsp;&nbsp;&nbsp;4027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80258 |
| Microsoft Corp. | 487586 | 252545169 |
| Mitek Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;5414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52895 |
| Monday.com, Ltd. (A) | &nbsp;&nbsp;&nbsp;4646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899884 |
| N-able, Inc. (A) | &nbsp;&nbsp;&nbsp;9328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72758 |
| NCR Voyix Corp. (A) | &nbsp;&nbsp;16789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210702 |
| Nemetschek SE | &nbsp;&nbsp;&nbsp;6606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862094 |
| NextNav, Inc. (A) | &nbsp;&nbsp;10709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153139 |
| Nice, Ltd. (A) | &nbsp;&nbsp;&nbsp;7235 | &nbsp;&nbsp;&nbsp;&nbsp;1048091 |
| Nutanix, Inc., Class A (A) | &nbsp;&nbsp;42030 | &nbsp;&nbsp;&nbsp;&nbsp;3126612 |
| ON24, Inc. (A) | &nbsp;&nbsp;&nbsp;4981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28491 |
| OneSpan, Inc. | &nbsp;&nbsp;&nbsp;4357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69233 |
| Ooma, Inc. (A) | &nbsp;&nbsp;&nbsp;3347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40131 |
| Oracle Corp. | 108709 | &nbsp;&nbsp;&nbsp;30573319 |
| Oracle Corp. Japan | &nbsp;&nbsp;&nbsp;4403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449560 |
| Pagaya Technologies, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;5465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162256 |
| PagerDuty, Inc. (A) | &nbsp;&nbsp;10260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169495 |
| Palantir Technologies, Inc., Class A (A) | 149196 | &nbsp;&nbsp;&nbsp;27216334 |
| Palo Alto Networks, Inc. (A) | &nbsp;&nbsp;43831 | &nbsp;&nbsp;&nbsp;&nbsp;8924868 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| Pegasystems, Inc. | &nbsp;&nbsp;14484 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832830 |
| Porch Group, Inc. (A) | &nbsp;&nbsp;&nbsp;9752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163639 |
| Progress Software Corp. (A) | &nbsp;&nbsp;&nbsp;5170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227118 |
| PROS Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;5386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123393 |
| PTC, Inc. (A) | &nbsp;&nbsp;&nbsp;7611 | &nbsp;&nbsp;&nbsp;&nbsp;1545185 |
| Q2 Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528447 |
| Qualys, Inc. (A) | &nbsp;&nbsp;10056 | &nbsp;&nbsp;&nbsp;&nbsp;1330710 |
| Rapid7, Inc. (A) | &nbsp;&nbsp;&nbsp;7831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146831 |
| Red Violet, Inc. | &nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73150 |
| ReposiTrak, Inc. (C) | &nbsp;&nbsp;&nbsp;1558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23090 |
| Rezolve AI PLC (A)(C) | &nbsp;&nbsp;17518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87240 |
| Rimini Street, Inc. (A) | &nbsp;&nbsp;&nbsp;6324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29596 |
| Riot Platforms, Inc. (A) | &nbsp;&nbsp;41617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791972 |
| Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;7034 | &nbsp;&nbsp;&nbsp;&nbsp;3507785 |
| Salesforce, Inc. | &nbsp;&nbsp;62706 | &nbsp;&nbsp;&nbsp;14861322 |
| SAP SE | 119445 | &nbsp;&nbsp;&nbsp;31983472 |
| Sapiens International Corp. NV | &nbsp;&nbsp;&nbsp;3821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164303 |
| SEMrush Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41191 |
| ServiceNow, Inc. (A) | &nbsp;&nbsp;13646 | &nbsp;&nbsp;&nbsp;12558141 |
| SoundHound AI, Inc., Class A (A)(C) | &nbsp;&nbsp;43623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701458 |
| Sprinklr, Inc., Class A (A) | &nbsp;&nbsp;13598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104977 |
| Sprout Social, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;6405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82753 |
| SPS Commerce, Inc. (A) | &nbsp;&nbsp;&nbsp;4619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481023 |
| Synopsys, Inc. (A) | &nbsp;&nbsp;12145 | &nbsp;&nbsp;&nbsp;&nbsp;5992222 |
| Telos Corp. (A) | &nbsp;&nbsp;&nbsp;6782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46389 |
| Tenable Holdings, Inc. (A) | &nbsp;&nbsp;14801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431597 |
| TeraWulf, Inc. (A) | &nbsp;&nbsp;33892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387047 |
| The Sage Group PLC | 110712 | &nbsp;&nbsp;&nbsp;&nbsp;1642356 |
| Trend Micro, Inc. | &nbsp;&nbsp;14505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793898 |
| Tyler Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;2932 | &nbsp;&nbsp;&nbsp;&nbsp;1533905 |
| Varonis Systems, Inc. (A) | &nbsp;&nbsp;13069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751075 |
| Verint Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;6818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138065 |
| Vertex, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;7930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196585 |
| Viant Technology, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17916 |
| Weave Communications, Inc. (A) | &nbsp;&nbsp;&nbsp;7234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48323 |
| WiseTech Global, Ltd. | &nbsp;&nbsp;22966 | &nbsp;&nbsp;&nbsp;&nbsp;1372984 |
| Workday, Inc., Class A (A) | &nbsp;&nbsp;14162 | &nbsp;&nbsp;&nbsp;&nbsp;3409218 |
| Workiva, Inc. (A) | &nbsp;&nbsp;&nbsp;6102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525260 |
| Xero, Ltd. (A) | &nbsp;&nbsp;18831 | &nbsp;&nbsp;&nbsp;&nbsp;1964923 |
| Xperi, Inc. (A) | &nbsp;&nbsp;&nbsp;5571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36100 |
| Yext, Inc. (A) | &nbsp;&nbsp;12746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108596 |
| Zeta Global Holdings Corp., Class A (A) | &nbsp;&nbsp;22171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440538 |
|  |  | 515744619 |
| **Technology hardware, storage and peripherals – 3.9%** | **Technology hardware, storage and peripherals – 3.9%** |  |
| Apple, Inc. | 973524 | 247888416 |
| Canon, Inc. | &nbsp;&nbsp;99166 | &nbsp;&nbsp;&nbsp;&nbsp;2893969 |
| CompoSecure, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110887 |
| Corsair Gaming, Inc. (A) | &nbsp;&nbsp;&nbsp;5744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51236 |
| Dell Technologies, Inc., Class C | &nbsp;&nbsp;19515 | &nbsp;&nbsp;&nbsp;&nbsp;2766642 |
| Diebold Nixdorf, Inc. (A) | &nbsp;&nbsp;&nbsp;3074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175310 |
| Eastman Kodak Company (A) | &nbsp;&nbsp;&nbsp;7978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51139 |
| FUJIFILM Holdings Corp. | 128055 | &nbsp;&nbsp;&nbsp;&nbsp;3184508 |
| Hewlett Packard Enterprise Company | &nbsp;&nbsp;84817 | &nbsp;&nbsp;&nbsp;&nbsp;2083106 |
| HP, Inc. | &nbsp;&nbsp;60113 | &nbsp;&nbsp;&nbsp;&nbsp;1636877 |
| Immersion Corp. | &nbsp;&nbsp;&nbsp;3503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25712 |
| IonQ, Inc. (A) | &nbsp;&nbsp;33062 | &nbsp;&nbsp;&nbsp;&nbsp;2033313 |
| Logitech International SA | &nbsp;&nbsp;17397 | &nbsp;&nbsp;&nbsp;&nbsp;1913642 |
| NetApp, Inc. | &nbsp;&nbsp;12934 | &nbsp;&nbsp;&nbsp;&nbsp;1532162 |
| Pure Storage, Inc., Class A (A) | &nbsp;&nbsp;48680 | &nbsp;&nbsp;&nbsp;&nbsp;4079871 |
| Quantum Computing, Inc. (A)(C) | &nbsp;&nbsp;16049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295462 |
| Seagate Technology Holdings PLC | &nbsp;&nbsp;13907 | &nbsp;&nbsp;&nbsp;&nbsp;3282886 |
| Super Micro Computer, Inc. (A) | &nbsp;&nbsp;32424 | &nbsp;&nbsp;&nbsp;&nbsp;1554407 |
| Turtle Beach Corp. (A) | &nbsp;&nbsp;&nbsp;1872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29765 |
| Western Digital Corp. | &nbsp;&nbsp;22619 | &nbsp;&nbsp;&nbsp;&nbsp;2715637 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Technology hardware, storage and peripherals (continued)** | **Technology hardware, storage and peripherals (continued)** |  |
| Xerox Holdings Corp. (C) | &nbsp;&nbsp;14492 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54490 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;278359437 |
|  |  | 1605553803 |
| **Materials – 3.3%** |  |  |
| **Chemicals – 1.5%** | **Chemicals – 1.5%** |  |
| AdvanSix, Inc. | &nbsp;&nbsp;&nbsp;3219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62384 |
| Air Liquide SA | &nbsp;&nbsp;66170 | &nbsp;&nbsp;&nbsp;&nbsp;13786962 |
| Air Products & Chemicals, Inc. | &nbsp;&nbsp;14574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3974621 |
| Akzo Nobel NV | &nbsp;&nbsp;19535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394169 |
| Albemarle Corp. | &nbsp;&nbsp;&nbsp;7999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648559 |
| American Vanguard Corp. (A) | &nbsp;&nbsp;&nbsp;3503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20107 |
| Arkema SA | &nbsp;&nbsp;&nbsp;6525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413738 |
| Arq, Inc. (A) | &nbsp;&nbsp;&nbsp;4037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28905 |
| Asahi Kasei Corp. | 140604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105109 |
| Ashland, Inc. | &nbsp;&nbsp;&nbsp;7166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343323 |
| ASP Isotopes, Inc. (A) | &nbsp;&nbsp;&nbsp;9106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87600 |
| Aspen Aerogels, Inc. (A) | &nbsp;&nbsp;&nbsp;8154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56752 |
| Avient Corp. | &nbsp;&nbsp;25501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840258 |
| Axalta Coating Systems, Ltd. (A) | &nbsp;&nbsp;33955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971792 |
| Balchem Corp. | &nbsp;&nbsp;&nbsp;3836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575630 |
| BASF SE | 102092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100949 |
| Cabot Corp. | &nbsp;&nbsp;14635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112992 |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;11013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987866 |
| Corteva, Inc. | &nbsp;&nbsp;44556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3013322 |
| Covestro AG (A) | &nbsp;&nbsp;20538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406130 |
| Dow, Inc. | &nbsp;&nbsp;43537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998303 |
| DSM-Firmenich AG | &nbsp;&nbsp;21273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1814976 |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;27006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103767 |
| Eastman Chemical Company | &nbsp;&nbsp;&nbsp;7849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494879 |
| Ecolab, Inc. | &nbsp;&nbsp;16735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4583047 |
| Ecovyst, Inc. (A) | &nbsp;&nbsp;14353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125732 |
| EMS-Chemie Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570507 |
| Evonik Industries AG | &nbsp;&nbsp;29316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509779 |
| Flotek Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26499 |
| Givaudan SA | &nbsp;&nbsp;&nbsp;1056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4307466 |
| Hawkins, Inc. | &nbsp;&nbsp;&nbsp;2356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430488 |
| HB Fuller Company | &nbsp;&nbsp;&nbsp;6583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390240 |
| ICL Group, Ltd. | &nbsp;&nbsp;88581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553123 |
| Ingevity Corp. (A) | &nbsp;&nbsp;&nbsp;4432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244602 |
| Innospec, Inc. | &nbsp;&nbsp;&nbsp;3042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234721 |
| International Flavors & Fragrances, Inc. | &nbsp;&nbsp;17389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070119 |
| Intrepid Potash, Inc. (A) | &nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42048 |
| Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;2417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67676 |
| Kronos Worldwide, Inc. | &nbsp;&nbsp;&nbsp;3297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18925 |
| Linde PLC | &nbsp;&nbsp;30766 | &nbsp;&nbsp;&nbsp;&nbsp;14613850 |
| LSB Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;6896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54340 |
| LyondellBasell Industries NV, Class A | &nbsp;&nbsp;17478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857121 |
| Mativ Holdings, Inc. | &nbsp;&nbsp;&nbsp;6635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75042 |
| Minerals Technologies, Inc. | &nbsp;&nbsp;&nbsp;3880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241026 |
| Mitsubishi Chemical Group Corp. | 146459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841282 |
| NewMarket Corp. | &nbsp;&nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012901 |
| Nippon Paint Holdings Company, Ltd. | 108463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739974 |
| Nippon Sanso Holdings Corp. | &nbsp;&nbsp;19816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701797 |
| Nitto Denko Corp. | &nbsp;&nbsp;80844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1916385 |
| Novonesis A/S, B Shares | &nbsp;&nbsp;40307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480655 |
| Olin Corp. | &nbsp;&nbsp;17974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449170 |
| Orion SA | &nbsp;&nbsp;&nbsp;6933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52552 |
| Perimeter Solutions, Inc. (A) | &nbsp;&nbsp;16824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376689 |
| PPG Industries, Inc. | &nbsp;&nbsp;14407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514320 |
| PureCycle Technologies, Inc. (A)(C) | &nbsp;&nbsp;15742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207007 |
| Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;1691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222789 |
| Rayonier Advanced Materials, Inc. (A) | &nbsp;&nbsp;&nbsp;7923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57204 |
| RPM International, Inc. | &nbsp;&nbsp;20127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2372571 |
| Sensient Technologies Corp. | &nbsp;&nbsp;&nbsp;5090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477697 |
| Shin-Etsu Chemical Company, Ltd. | 192997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6319400 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Chemicals (continued)** | **Chemicals (continued)** |  |
| Sika AG | &nbsp;&nbsp;17439 | $&nbsp;&nbsp;&nbsp;&nbsp;3916079 |
| Stepan Company | &nbsp;&nbsp;&nbsp;2682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127931 |
| Syensqo SA | &nbsp;&nbsp;&nbsp;8321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675567 |
| Symrise AG | &nbsp;&nbsp;15189 | &nbsp;&nbsp;&nbsp;&nbsp;1320991 |
| The Chemours Company | &nbsp;&nbsp;18277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289508 |
| The Mosaic Company | &nbsp;&nbsp;21565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747874 |
| The Scotts Miracle-Gro Company | &nbsp;&nbsp;&nbsp;6970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396942 |
| The Sherwin-Williams Company | &nbsp;&nbsp;15236 | &nbsp;&nbsp;&nbsp;&nbsp;5275617 |
| Toray Industries, Inc. | 158630 | &nbsp;&nbsp;&nbsp;&nbsp;1012022 |
| Tronox Holdings PLC | &nbsp;&nbsp;15042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60469 |
| Westlake Corp. | &nbsp;&nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402870 |
| Yara International ASA | &nbsp;&nbsp;18940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694226 |
|  |  | 105021933 |
| **Construction materials – 0.3%** | **Construction materials – 0.3%** |  |
| Amrize, Ltd. (A) | &nbsp;&nbsp;58358 | &nbsp;&nbsp;&nbsp;&nbsp;2853461 |
| Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;5088 | &nbsp;&nbsp;&nbsp;&nbsp;1185708 |
| Heidelberg Materials AG | &nbsp;&nbsp;15308 | &nbsp;&nbsp;&nbsp;&nbsp;3460309 |
| Holcim, Ltd. (A) | &nbsp;&nbsp;58358 | &nbsp;&nbsp;&nbsp;&nbsp;4979366 |
| James Hardie Industries PLC, CHESS Depositary Interest (A) | &nbsp;&nbsp;66190 | &nbsp;&nbsp;&nbsp;&nbsp;1228445 |
| Knife River Corp. (A) | &nbsp;&nbsp;15647 | &nbsp;&nbsp;&nbsp;&nbsp;1202785 |
| Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;3916 | &nbsp;&nbsp;&nbsp;&nbsp;2468176 |
| Titan America SA (A)(C) | &nbsp;&nbsp;&nbsp;3176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47449 |
| United States Lime & Minerals, Inc. | &nbsp;&nbsp;&nbsp;1331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175093 |
| Vulcan Materials Company | &nbsp;&nbsp;&nbsp;8601 | &nbsp;&nbsp;&nbsp;&nbsp;2645840 |
|  |  | &nbsp;&nbsp;&nbsp;20246632 |
| **Containers and packaging – 0.2%** | **Containers and packaging – 0.2%** |  |
| Amcor PLC | 155770 | &nbsp;&nbsp;&nbsp;&nbsp;1274199 |
| AptarGroup, Inc. | &nbsp;&nbsp;10329 | &nbsp;&nbsp;&nbsp;&nbsp;1380574 |
| Ardagh Metal Packaging SA | &nbsp;&nbsp;17397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69414 |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;5315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861934 |
| Ball Corp. | &nbsp;&nbsp;16599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836922 |
| Crown Holdings, Inc. | &nbsp;&nbsp;18037 | &nbsp;&nbsp;&nbsp;&nbsp;1742194 |
| Graphic Packaging Holding Company | &nbsp;&nbsp;46447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908968 |
| Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;7037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420531 |
| Greif, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39800 |
| International Paper Company | &nbsp;&nbsp;33527 | &nbsp;&nbsp;&nbsp;&nbsp;1555653 |
| Myers Industries, Inc. | &nbsp;&nbsp;&nbsp;4481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75908 |
| O-I Glass, Inc. (A) | &nbsp;&nbsp;18543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240503 |
| Packaging Corp. of America | &nbsp;&nbsp;&nbsp;6073 | &nbsp;&nbsp;&nbsp;&nbsp;1323489 |
| Ranpak Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;6115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34366 |
| SIG Group AG (A) | &nbsp;&nbsp;34984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362811 |
| Silgan Holdings, Inc. | &nbsp;&nbsp;13923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598828 |
| Smurfit WestRock PLC | &nbsp;&nbsp;33712 | &nbsp;&nbsp;&nbsp;&nbsp;1435120 |
| Sonoco Products Company | &nbsp;&nbsp;15464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666344 |
| TriMas Corp. | &nbsp;&nbsp;&nbsp;3997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154444 |
|  |  | &nbsp;&nbsp;&nbsp;13982002 |
| **Metals and mining – 1.2%** | **Metals and mining – 1.2%** |  |
| 1911 Gold Corp. (A) | &nbsp;&nbsp;&nbsp;3149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2078 |
| Alcoa Corp. | &nbsp;&nbsp;40594 | &nbsp;&nbsp;&nbsp;&nbsp;1335137 |
| Alpha Metallurgical Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232680 |
| American Battery Technology Company (A)(C) | &nbsp;&nbsp;10019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48692 |
| Anglo American PLC | 128016 | &nbsp;&nbsp;&nbsp;&nbsp;4827138 |
| Antofagasta PLC | &nbsp;&nbsp;45109 | &nbsp;&nbsp;&nbsp;&nbsp;1677600 |
| ArcelorMittal SA | &nbsp;&nbsp;53652 | &nbsp;&nbsp;&nbsp;&nbsp;1935545 |
| Ascent Industries Company (A) | &nbsp;&nbsp;&nbsp;1376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17723 |
| BHP Group, Ltd. | 580622 | &nbsp;&nbsp;&nbsp;16219790 |
| BlueScope Steel, Ltd. | &nbsp;&nbsp;50170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753597 |
| Boliden AB (A) | &nbsp;&nbsp;32513 | &nbsp;&nbsp;&nbsp;&nbsp;1327127 |
| Caledonia Mining Corp. PLC | &nbsp;&nbsp;&nbsp;2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74303 |
| Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp;7816 | &nbsp;&nbsp;&nbsp;&nbsp;1919141 |
| Century Aluminum Company (A) | &nbsp;&nbsp;&nbsp;6328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185790 |
| Cleveland-Cliffs, Inc. (A) | &nbsp;&nbsp;77561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946244 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Metals and mining (continued)** | **Metals and mining (continued)** |  |
| Coeur Mining, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;76567 | $&nbsp;&nbsp;&nbsp;&nbsp;1436397 |
| Commercial Metals Company | &nbsp;&nbsp;&nbsp;&nbsp;30833 | &nbsp;&nbsp;&nbsp;&nbsp;1766114 |
| Compass Minerals International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80794 |
| Constellium SE (A) | &nbsp;&nbsp;&nbsp;&nbsp;17249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256665 |
| Contango ORE, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27174 |
| Critical Metals Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;3861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24015 |
| Dakota Gold Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49422 |
| Evolution Mining, Ltd. | &nbsp;&nbsp;229045 | &nbsp;&nbsp;&nbsp;&nbsp;1632754 |
| Ferroglobe PLC | &nbsp;&nbsp;&nbsp;&nbsp;14566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66275 |
| Fortescue, Ltd. | &nbsp;&nbsp;193705 | &nbsp;&nbsp;&nbsp;&nbsp;2398929 |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;94173 | &nbsp;&nbsp;&nbsp;&nbsp;3693465 |
| Fresnillo PLC | &nbsp;&nbsp;&nbsp;&nbsp;25287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806623 |
| Glencore PLC (A) | 1159576 | &nbsp;&nbsp;&nbsp;&nbsp;5340571 |
| Hecla Mining Company | &nbsp;&nbsp;&nbsp;&nbsp;71499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865138 |
| Idaho Strategic Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51969 |
| Ivanhoe Electric, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;10707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134373 |
| JFE Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807832 |
| Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150308 |
| MAC Copper, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90513 |
| Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301421 |
| Metallus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74897 |
| MP Materials Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;21102 | &nbsp;&nbsp;&nbsp;&nbsp;1415311 |
| Newmont Corp. | &nbsp;&nbsp;&nbsp;&nbsp;71998 | &nbsp;&nbsp;&nbsp;&nbsp;6070151 |
| NioCorp Developments, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;8432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56326 |
| Nippon Steel Corp. | &nbsp;&nbsp;553195 | &nbsp;&nbsp;&nbsp;&nbsp;2278468 |
| Norsk Hydro ASA | &nbsp;&nbsp;158419 | &nbsp;&nbsp;&nbsp;&nbsp;1077110 |
| Northern Star Resources, Ltd. | &nbsp;&nbsp;155237 | &nbsp;&nbsp;&nbsp;&nbsp;2424073 |
| Novagold Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;36402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320338 |
| Nucor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;14910 | &nbsp;&nbsp;&nbsp;&nbsp;2019261 |
| Olympic Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38002 |
| Pan American Silver Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;54671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19129 |
| Perpetua Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183223 |
| Ramaco Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;3474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115302 |
| Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8246 | &nbsp;&nbsp;&nbsp;&nbsp;2315724 |
| Rio Tinto PLC | &nbsp;&nbsp;129099 | &nbsp;&nbsp;&nbsp;&nbsp;8507934 |
| Rio Tinto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;42462 | &nbsp;&nbsp;&nbsp;&nbsp;3425113 |
| Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10321 | &nbsp;&nbsp;&nbsp;&nbsp;2070186 |
| Ryerson Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77244 |
| South32, Ltd. | &nbsp;&nbsp;515149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933819 |
| SSR Mining, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;24152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589792 |
| Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9385 | &nbsp;&nbsp;&nbsp;&nbsp;1308551 |
| Sumitomo Metal Mining Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;28275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910312 |
| SunCoke Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83363 |
| Tredegar Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;3606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28956 |
| United States Antimony Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;11135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69037 |
| US Gold Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23764 |
| Vox Royalty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25714 |
| Warrior Met Coal, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401696 |
| Worthington Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123778 |
|  |  | &nbsp;&nbsp;&nbsp;88469911 |
| **Paper and forest products – 0.1%** | **Paper and forest products – 0.1%** |  |
| Clearwater Paper Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;1957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40627 |
| Holmen AB, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;8718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331232 |
| Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882714 |
| Magnera Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;4139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48509 |
| Mondi PLC | &nbsp;&nbsp;&nbsp;&nbsp;50493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698423 |
| Resolute Forest Products, Inc. (A)(D) | &nbsp;&nbsp;&nbsp;&nbsp;7217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10248 |
| Stora Enso OYJ, R Shares | &nbsp;&nbsp;&nbsp;&nbsp;66622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733169 |
| Svenska Cellulosa AB SCA, B Shares | &nbsp;&nbsp;&nbsp;&nbsp;69489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919791 |
| Sylvamo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184795 |
| UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp;&nbsp;60365 | &nbsp;&nbsp;&nbsp;&nbsp;1653194 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5502702 |
|  |  | 233223180 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Real estate – 2.4%** |  |  |
| **Diversified REITs – 0.1%** | **Diversified REITs – 0.1%** |  |
| Alexander & Baldwin, Inc. | &nbsp;&nbsp;&nbsp;9237 | $&nbsp;&nbsp;&nbsp;&nbsp;168021 |
| Alpine Income Property Trust, Inc. | &nbsp;&nbsp;&nbsp;1952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27660 |
| American Assets Trust, Inc. | &nbsp;&nbsp;&nbsp;6323 | &nbsp;&nbsp;&nbsp;&nbsp;128483 |
| Armada Hoffler Properties, Inc. | &nbsp;&nbsp;&nbsp;9244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64800 |
| Broadstone Net Lease, Inc. | &nbsp;&nbsp;22637 | &nbsp;&nbsp;&nbsp;&nbsp;404523 |
| CapitaLand Integrated Commercial Trust | 669589 | &nbsp;&nbsp;&nbsp;1189153 |
| Covivio SA | &nbsp;&nbsp;&nbsp;6384 | &nbsp;&nbsp;&nbsp;&nbsp;430277 |
| CTO Realty Growth, Inc. | &nbsp;&nbsp;&nbsp;3627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59120 |
| Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;23612 | &nbsp;&nbsp;&nbsp;&nbsp;702693 |
| Gladstone Commercial Corp. | &nbsp;&nbsp;&nbsp;5582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68770 |
| Global Net Lease, Inc. | &nbsp;&nbsp;24587 | &nbsp;&nbsp;&nbsp;&nbsp;199892 |
| Land Securities Group PLC | &nbsp;&nbsp;80947 | &nbsp;&nbsp;&nbsp;&nbsp;634893 |
| Modiv Industrial, Inc. | &nbsp;&nbsp;&nbsp;1290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18886 |
| NexPoint Diversified Real Estate Trust | &nbsp;&nbsp;&nbsp;4826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17808 |
| One Liberty Properties, Inc. | &nbsp;&nbsp;&nbsp;2548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56362 |
| Stockland | 274493 | &nbsp;&nbsp;&nbsp;1110108 |
| WP Carey, Inc. | &nbsp;&nbsp;34334 | &nbsp;&nbsp;&nbsp;2319948 |
|  |  | &nbsp;&nbsp;&nbsp;7601397 |
| **Health care REITs – 0.3%** | **Health care REITs – 0.3%** |  |
| Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp;10465 | &nbsp;&nbsp;&nbsp;&nbsp;872153 |
| American Healthcare REIT, Inc. | &nbsp;&nbsp;18880 | &nbsp;&nbsp;&nbsp;&nbsp;793149 |
| CareTrust REIT, Inc. | &nbsp;&nbsp;25410 | &nbsp;&nbsp;&nbsp;&nbsp;881219 |
| Community Healthcare Trust, Inc. | &nbsp;&nbsp;&nbsp;3370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51561 |
| Diversified Healthcare Trust | &nbsp;&nbsp;26929 | &nbsp;&nbsp;&nbsp;&nbsp;118757 |
| Global Medical REIT, Inc. | &nbsp;&nbsp;&nbsp;1548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52183 |
| Healthcare Realty Trust, Inc. | &nbsp;&nbsp;55127 | &nbsp;&nbsp;&nbsp;&nbsp;993940 |
| Healthpeak Properties, Inc. | &nbsp;&nbsp;47224 | &nbsp;&nbsp;&nbsp;&nbsp;904340 |
| LTC Properties, Inc. | &nbsp;&nbsp;&nbsp;5411 | &nbsp;&nbsp;&nbsp;&nbsp;199449 |
| National Health Investors, Inc. | &nbsp;&nbsp;&nbsp;5536 | &nbsp;&nbsp;&nbsp;&nbsp;440112 |
| Omega Healthcare Investors, Inc. | &nbsp;&nbsp;46252 | &nbsp;&nbsp;&nbsp;1952759 |
| Sabra Health Care REIT, Inc. | &nbsp;&nbsp;66016 | &nbsp;&nbsp;&nbsp;1230538 |
| Sila Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;6687 | &nbsp;&nbsp;&nbsp;&nbsp;167844 |
| Universal Health Realty Income Trust | &nbsp;&nbsp;&nbsp;1640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64239 |
| Ventas, Inc. | &nbsp;&nbsp;29033 | &nbsp;&nbsp;&nbsp;2032020 |
| Welltower, Inc. | &nbsp;&nbsp;44003 | &nbsp;&nbsp;&nbsp;7838694 |
|  |  | 18592957 |
| **Hotel and resort REITs – 0.0%** | **Hotel and resort REITs – 0.0%** |  |
| Apple Hospitality REIT, Inc. | &nbsp;&nbsp;26191 | &nbsp;&nbsp;&nbsp;&nbsp;314554 |
| Braemar Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;8105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22127 |
| Chatham Lodging Trust | &nbsp;&nbsp;&nbsp;5853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39274 |
| DiamondRock Hospitality Company | &nbsp;&nbsp;25061 | &nbsp;&nbsp;&nbsp;&nbsp;199486 |
| Host Hotels & Resorts, Inc. | &nbsp;&nbsp;40838 | &nbsp;&nbsp;&nbsp;&nbsp;695063 |
| Park Hotels & Resorts, Inc. | &nbsp;&nbsp;31345 | &nbsp;&nbsp;&nbsp;&nbsp;347303 |
| Pebblebrook Hotel Trust | &nbsp;&nbsp;14053 | &nbsp;&nbsp;&nbsp;&nbsp;160064 |
| RLJ Lodging Trust | &nbsp;&nbsp;17496 | &nbsp;&nbsp;&nbsp;&nbsp;125971 |
| Ryman Hospitality Properties, Inc. | &nbsp;&nbsp;&nbsp;7238 | &nbsp;&nbsp;&nbsp;&nbsp;648452 |
| Service Properties Trust | &nbsp;&nbsp;19338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52406 |
| Summit Hotel Properties, Inc. | &nbsp;&nbsp;13446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73819 |
| Sunstone Hotel Investors, Inc. | &nbsp;&nbsp;21716 | &nbsp;&nbsp;&nbsp;&nbsp;203479 |
| Xenia Hotels & Resorts, Inc. | &nbsp;&nbsp;10782 | &nbsp;&nbsp;&nbsp;&nbsp;147929 |
|  |  | &nbsp;&nbsp;&nbsp;3029927 |
| **Industrial REITs – 0.3%** | **Industrial REITs – 0.3%** |  |
| CapitaLand Ascendas REIT | 447867 | &nbsp;&nbsp;&nbsp;&nbsp;969181 |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;8350 | &nbsp;&nbsp;&nbsp;1413321 |
| First Industrial Realty Trust, Inc. | &nbsp;&nbsp;20759 | &nbsp;&nbsp;&nbsp;1068466 |
| Goodman Group | 232336 | &nbsp;&nbsp;&nbsp;5034954 |
| Industrial Logistics Properties Trust | &nbsp;&nbsp;&nbsp;6811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39708 |
| Innovative Industrial Properties, Inc. | &nbsp;&nbsp;&nbsp;3364 | &nbsp;&nbsp;&nbsp;&nbsp;180243 |
| LXP Industrial Trust | &nbsp;&nbsp;35396 | &nbsp;&nbsp;&nbsp;&nbsp;317148 |
| Plymouth Industrial REIT, Inc. | &nbsp;&nbsp;&nbsp;5482 | &nbsp;&nbsp;&nbsp;&nbsp;122413 |
| Prologis, Inc. | &nbsp;&nbsp;60945 | &nbsp;&nbsp;&nbsp;6979421 |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp;37021 | &nbsp;&nbsp;&nbsp;1521933 |
| Segro PLC | 147079 | &nbsp;&nbsp;&nbsp;1299596 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Industrial REITs (continued)** | **Industrial REITs (continued)** |  |
| STAG Industrial, Inc. | &nbsp;&nbsp;29271 | $&nbsp;&nbsp;&nbsp;1032974 |
| Terreno Realty Corp. | &nbsp;&nbsp;12008 | &nbsp;&nbsp;&nbsp;&nbsp;681454 |
|  |  | 20660812 |
| **Office REITs – 0.1%** | **Office REITs – 0.1%** |  |
| Brandywine Realty Trust | &nbsp;&nbsp;21146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88179 |
| BXP, Inc. | &nbsp;&nbsp;&nbsp;9901 | &nbsp;&nbsp;&nbsp;&nbsp;736040 |
| City Office REIT, Inc. | &nbsp;&nbsp;&nbsp;5048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35134 |
| COPT Defense Properties | &nbsp;&nbsp;31294 | &nbsp;&nbsp;&nbsp;&nbsp;909404 |
| Cousins Properties, Inc. | &nbsp;&nbsp;26335 | &nbsp;&nbsp;&nbsp;&nbsp;762135 |
| Douglas Emmett, Inc. | &nbsp;&nbsp;19511 | &nbsp;&nbsp;&nbsp;&nbsp;303786 |
| Easterly Government Properties, Inc. | &nbsp;&nbsp;&nbsp;4661 | &nbsp;&nbsp;&nbsp;&nbsp;106877 |
| Empire State Realty Trust, Inc., Class A | &nbsp;&nbsp;16643 | &nbsp;&nbsp;&nbsp;&nbsp;127485 |
| Franklin Street Properties Corp. | &nbsp;&nbsp;11132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17811 |
| Gecina SA | &nbsp;&nbsp;&nbsp;5266 | &nbsp;&nbsp;&nbsp;&nbsp;529021 |
| Hudson Pacific Properties, Inc. (A) | &nbsp;&nbsp;44100 | &nbsp;&nbsp;&nbsp;&nbsp;121716 |
| JBG SMITH Properties | &nbsp;&nbsp;&nbsp;7330 | &nbsp;&nbsp;&nbsp;&nbsp;163093 |
| Kilroy Realty Corp. | &nbsp;&nbsp;17063 | &nbsp;&nbsp;&nbsp;&nbsp;720912 |
| NET Lease Office Properties | &nbsp;&nbsp;&nbsp;1799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53358 |
| Nippon Building Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp;839794 |
| Paramount Group, Inc. (A) | &nbsp;&nbsp;22804 | &nbsp;&nbsp;&nbsp;&nbsp;149138 |
| Peakstone Realty Trust | &nbsp;&nbsp;&nbsp;4594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60273 |
| Piedmont Realty Trust, Inc. | &nbsp;&nbsp;15401 | &nbsp;&nbsp;&nbsp;&nbsp;138609 |
| Postal Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;2766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43399 |
| SL Green Realty Corp. | &nbsp;&nbsp;&nbsp;8476 | &nbsp;&nbsp;&nbsp;&nbsp;506950 |
| Vornado Realty Trust | &nbsp;&nbsp;25292 | &nbsp;&nbsp;&nbsp;1025085 |
|  |  | &nbsp;&nbsp;&nbsp;7438199 |
| **Real estate management and development – 0.5%** | **Real estate management and development – 0.5%** |  |
| Anywhere Real Estate, Inc. (A) | &nbsp;&nbsp;12914 | &nbsp;&nbsp;&nbsp;&nbsp;136759 |
| Azrieli Group, Ltd. | &nbsp;&nbsp;&nbsp;4854 | &nbsp;&nbsp;&nbsp;&nbsp;481510 |
| CapitaLand Investment, Ltd. | 267812 | &nbsp;&nbsp;&nbsp;&nbsp;559312 |
| CBRE Group, Inc., Class A (A) | &nbsp;&nbsp;19268 | &nbsp;&nbsp;&nbsp;3035866 |
| CK Asset Holdings, Ltd. | 220174 | &nbsp;&nbsp;&nbsp;1066325 |
| Compass, Inc., Class A (A) | &nbsp;&nbsp;56387 | &nbsp;&nbsp;&nbsp;&nbsp;452788 |
| CoStar Group, Inc. (A) | &nbsp;&nbsp;27420 | &nbsp;&nbsp;&nbsp;2313425 |
| Cushman & Wakefield PLC (A) | &nbsp;&nbsp;27842 | &nbsp;&nbsp;&nbsp;&nbsp;443245 |
| Daito Trust Construction Company, Ltd. | &nbsp;&nbsp;33500 | &nbsp;&nbsp;&nbsp;&nbsp;735031 |
| Daiwa House Industry Company, Ltd. | &nbsp;&nbsp;64120 | &nbsp;&nbsp;&nbsp;2302870 |
| Douglas Elliman, Inc. (A) | &nbsp;&nbsp;&nbsp;9088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25992 |
| eXp World Holdings, Inc. | &nbsp;&nbsp;10622 | &nbsp;&nbsp;&nbsp;&nbsp;113231 |
| Fastighets AB Balder, B Shares (A) | &nbsp;&nbsp;82131 | &nbsp;&nbsp;&nbsp;&nbsp;588510 |
| Forestar Group, Inc. (A) | &nbsp;&nbsp;&nbsp;2390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63550 |
| FRP Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40535 |
| Henderson Land Development Company, Ltd. | 166129 | &nbsp;&nbsp;&nbsp;&nbsp;585183 |
| Hongkong Land Holdings, Ltd. | 124939 | &nbsp;&nbsp;&nbsp;&nbsp;790889 |
| Hulic Company, Ltd. | &nbsp;&nbsp;52708 | &nbsp;&nbsp;&nbsp;&nbsp;577381 |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;&nbsp;7429 | &nbsp;&nbsp;&nbsp;2215922 |
| Kennedy-Wilson Holdings, Inc. | &nbsp;&nbsp;15295 | &nbsp;&nbsp;&nbsp;&nbsp;127254 |
| LEG Immobilien SE | &nbsp;&nbsp;&nbsp;8644 | &nbsp;&nbsp;&nbsp;&nbsp;688907 |
| Marcus & Millichap, Inc. | &nbsp;&nbsp;&nbsp;3158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92687 |
| Mitsubishi Estate Company, Ltd. | 121618 | &nbsp;&nbsp;&nbsp;2795248 |
| Mitsui Fudosan Company, Ltd. | 302333 | &nbsp;&nbsp;&nbsp;3291229 |
| Newmark Group, Inc., Class A | &nbsp;&nbsp;18210 | &nbsp;&nbsp;&nbsp;&nbsp;339617 |
| RE/MAX Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22019 |
| Sagax AB, Class B | &nbsp;&nbsp;25140 | &nbsp;&nbsp;&nbsp;&nbsp;525213 |
| Seaport Entertainment Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22439 |
| Sino Land Company, Ltd. | 418643 | &nbsp;&nbsp;&nbsp;&nbsp;529301 |
| Sumitomo Realty & Development Company, Ltd. | &nbsp;&nbsp;35398 | &nbsp;&nbsp;&nbsp;1561384 |
| Sun Hung Kai Properties, Ltd. | 165731 | &nbsp;&nbsp;&nbsp;1982399 |
| Swiss Prime Site AG | &nbsp;&nbsp;&nbsp;9177 | &nbsp;&nbsp;&nbsp;1285595 |
| Tejon Ranch Company (A) | &nbsp;&nbsp;&nbsp;2873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45911 |
| The Real Brokerage, Inc. (A) | &nbsp;&nbsp;13092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54725 |
| The RMR Group, Inc., Class A | &nbsp;&nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32404 |
| The St. Joe Company | &nbsp;&nbsp;&nbsp;4625 | &nbsp;&nbsp;&nbsp;&nbsp;228845 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Real estate management and development (continued)** | **Real estate management and development (continued)** |  |
| The Wharf Holdings, Ltd. | 122344 | $&nbsp;&nbsp;&nbsp;&nbsp;349652 |
| Vonovia SE | &nbsp;&nbsp;86025 | &nbsp;&nbsp;&nbsp;2688437 |
| Wharf Real Estate Investment Company, Ltd. | 191006 | &nbsp;&nbsp;&nbsp;&nbsp;564003 |
|  |  | 33755593 |
| **Residential REITs – 0.2%** | **Residential REITs – 0.2%** |  |
| American Homes 4 Rent, Class A | &nbsp;&nbsp;51087 | &nbsp;&nbsp;&nbsp;1698643 |
| Apartment Investment and Management Company, Class A | &nbsp;&nbsp;16394 | &nbsp;&nbsp;&nbsp;&nbsp;130004 |
| AvalonBay Communities, Inc. | &nbsp;&nbsp;&nbsp;9091 | &nbsp;&nbsp;&nbsp;1756108 |
| BRT Apartments Corp. | &nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31007 |
| Camden Property Trust | &nbsp;&nbsp;&nbsp;7263 | &nbsp;&nbsp;&nbsp;&nbsp;775543 |
| Centerspace | &nbsp;&nbsp;&nbsp;2018 | &nbsp;&nbsp;&nbsp;&nbsp;118860 |
| Elme Communities | &nbsp;&nbsp;10667 | &nbsp;&nbsp;&nbsp;&nbsp;179846 |
| Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;30383 | &nbsp;&nbsp;&nbsp;1844248 |
| Equity Residential | &nbsp;&nbsp;23245 | &nbsp;&nbsp;&nbsp;1504649 |
| Essex Property Trust, Inc. | &nbsp;&nbsp;&nbsp;4377 | &nbsp;&nbsp;&nbsp;1171548 |
| Independence Realty Trust, Inc. | &nbsp;&nbsp;64386 | &nbsp;&nbsp;&nbsp;1055287 |
| Invitation Homes, Inc. | &nbsp;&nbsp;35012 | &nbsp;&nbsp;&nbsp;1026902 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;7958 | &nbsp;&nbsp;&nbsp;1111971 |
| NexPoint Residential Trust, Inc. | &nbsp;&nbsp;&nbsp;2879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92761 |
| UDR, Inc. | &nbsp;&nbsp;20493 | &nbsp;&nbsp;&nbsp;&nbsp;763569 |
| UMH Properties, Inc. | &nbsp;&nbsp;&nbsp;9745 | &nbsp;&nbsp;&nbsp;&nbsp;144713 |
| Veris Residential, Inc. | &nbsp;&nbsp;&nbsp;9809 | &nbsp;&nbsp;&nbsp;&nbsp;149097 |
|  |  | 13554756 |
| **Retail REITs – 0.4%** | **Retail REITs – 0.4%** |  |
| Acadia Realty Trust | &nbsp;&nbsp;15916 | &nbsp;&nbsp;&nbsp;&nbsp;320707 |
| Agree Realty Corp. | &nbsp;&nbsp;17320 | &nbsp;&nbsp;&nbsp;1230413 |
| Alexander's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66126 |
| Brixmor Property Group, Inc. | &nbsp;&nbsp;47992 | &nbsp;&nbsp;&nbsp;1328419 |
| CBL & Associates Properties, Inc. | &nbsp;&nbsp;&nbsp;2119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64799 |
| Curbline Properties Corp. | &nbsp;&nbsp;11926 | &nbsp;&nbsp;&nbsp;&nbsp;265950 |
| Federal Realty Investment Trust | &nbsp;&nbsp;&nbsp;5277 | &nbsp;&nbsp;&nbsp;&nbsp;534613 |
| FrontView REIT, Inc. | &nbsp;&nbsp;&nbsp;2139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29326 |
| Getty Realty Corp. | &nbsp;&nbsp;&nbsp;6313 | &nbsp;&nbsp;&nbsp;&nbsp;169378 |
| InvenTrust Properties Corp. | &nbsp;&nbsp;&nbsp;9315 | &nbsp;&nbsp;&nbsp;&nbsp;266595 |
| Kimco Realty Corp. | &nbsp;&nbsp;45991 | &nbsp;&nbsp;&nbsp;1004903 |
| Kite Realty Group Trust | &nbsp;&nbsp;60786 | &nbsp;&nbsp;&nbsp;1355528 |
| Klepierre SA | &nbsp;&nbsp;24609 | &nbsp;&nbsp;&nbsp;&nbsp;960733 |
| Link REIT | 297371 | &nbsp;&nbsp;&nbsp;1527888 |
| NETSTREIT Corp. | &nbsp;&nbsp;10983 | &nbsp;&nbsp;&nbsp;&nbsp;198353 |
| NNN REIT, Inc. | &nbsp;&nbsp;29598 | &nbsp;&nbsp;&nbsp;1259987 |
| Phillips Edison & Company, Inc. | &nbsp;&nbsp;14735 | &nbsp;&nbsp;&nbsp;&nbsp;505853 |
| Realty Income Corp. | &nbsp;&nbsp;59537 | &nbsp;&nbsp;&nbsp;3619254 |
| Regency Centers Corp. | &nbsp;&nbsp;11107 | &nbsp;&nbsp;&nbsp;&nbsp;809700 |
| Saul Centers, Inc. | &nbsp;&nbsp;&nbsp;1688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53797 |
| Scentre Group | 595779 | &nbsp;&nbsp;&nbsp;1607040 |
| Simon Property Group, Inc. | &nbsp;&nbsp;21478 | &nbsp;&nbsp;&nbsp;4030776 |
| SITE Centers Corp. | &nbsp;&nbsp;&nbsp;6131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55240 |
| Tanger, Inc. | &nbsp;&nbsp;13357 | &nbsp;&nbsp;&nbsp;&nbsp;452001 |
| The Macerich Company | &nbsp;&nbsp;29873 | &nbsp;&nbsp;&nbsp;&nbsp;543689 |
| Unibail-Rodamco-Westfield (A) | &nbsp;&nbsp;13927 | &nbsp;&nbsp;&nbsp;1466717 |
| Urban Edge Properties | &nbsp;&nbsp;15275 | &nbsp;&nbsp;&nbsp;&nbsp;312679 |
| Vicinity, Ltd. | 443612 | &nbsp;&nbsp;&nbsp;&nbsp;739064 |
| Whitestone REIT | &nbsp;&nbsp;&nbsp;5717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70205 |
|  |  | 24849733 |
| **Specialized REITs – 0.5%** | **Specialized REITs – 0.5%** |  |
| American Tower Corp. | &nbsp;&nbsp;30760 | &nbsp;&nbsp;&nbsp;5915763 |
| Crown Castle, Inc. | &nbsp;&nbsp;28433 | &nbsp;&nbsp;&nbsp;2743500 |
| CubeSmart | &nbsp;&nbsp;35752 | &nbsp;&nbsp;&nbsp;1453676 |
| Digital Realty Trust, Inc. | &nbsp;&nbsp;20874 | &nbsp;&nbsp;&nbsp;3608697 |
| EPR Properties | &nbsp;&nbsp;11934 | &nbsp;&nbsp;&nbsp;&nbsp;692291 |
| Equinix, Inc. | &nbsp;&nbsp;&nbsp;6430 | &nbsp;&nbsp;&nbsp;5036233 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialized REITs (continued)** | **Specialized REITs (continued)** |  |
| Extra Space Storage, Inc. | &nbsp;&nbsp;13652 | $&nbsp;&nbsp;&nbsp;&nbsp;1924113 |
| Farmland Partners, Inc. | &nbsp;&nbsp;&nbsp;5335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58045 |
| Four Corners Property Trust, Inc. | &nbsp;&nbsp;11532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281381 |
| Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;44372 | &nbsp;&nbsp;&nbsp;&nbsp;2068179 |
| Gladstone Land Corp. | &nbsp;&nbsp;&nbsp;4520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41403 |
| Iron Mountain, Inc. | &nbsp;&nbsp;18944 | &nbsp;&nbsp;&nbsp;&nbsp;1931151 |
| Lamar Advertising Company, Class A | &nbsp;&nbsp;13609 | &nbsp;&nbsp;&nbsp;&nbsp;1666014 |
| National Storage Affiliates Trust | &nbsp;&nbsp;11069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334505 |
| Outfront Media, Inc. | &nbsp;&nbsp;16659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305193 |
| PotlatchDeltic Corp. | &nbsp;&nbsp;20618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840184 |
| Public Storage | &nbsp;&nbsp;10343 | &nbsp;&nbsp;&nbsp;&nbsp;2987576 |
| Rayonier, Inc. | &nbsp;&nbsp;22237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590170 |
| Safehold, Inc. | &nbsp;&nbsp;&nbsp;6815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105564 |
| SBA Communications Corp. | &nbsp;&nbsp;&nbsp;7304 | &nbsp;&nbsp;&nbsp;&nbsp;1412228 |
| Smartstop Self Storage REIT, Inc. | &nbsp;&nbsp;&nbsp;3590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135128 |
| VICI Properties, Inc. | &nbsp;&nbsp;68443 | &nbsp;&nbsp;&nbsp;&nbsp;2231926 |
| Weyerhaeuser Company | &nbsp;&nbsp;44781 | &nbsp;&nbsp;&nbsp;&nbsp;1110121 |
|  |  | &nbsp;&nbsp;&nbsp;37473041 |
|  |  | 166956415 |
| **Utilities – 2.7%** |  |  |
| **Electric utilities – 1.5%** | **Electric utilities – 1.5%** |  |
| Acciona SA | &nbsp;&nbsp;&nbsp;2824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567451 |
| ALLETE, Inc. | &nbsp;&nbsp;15986 | &nbsp;&nbsp;&nbsp;&nbsp;1061470 |
| Alliant Energy Corp. | &nbsp;&nbsp;17464 | &nbsp;&nbsp;&nbsp;&nbsp;1177248 |
| American Electric Power Company, Inc. | &nbsp;&nbsp;34982 | &nbsp;&nbsp;&nbsp;&nbsp;3935475 |
| BKW AG | &nbsp;&nbsp;&nbsp;2416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518181 |
| Chubu Electric Power Company, Inc. | &nbsp;&nbsp;78034 | &nbsp;&nbsp;&nbsp;&nbsp;1083736 |
| CK Infrastructure Holdings, Ltd. | &nbsp;&nbsp;72048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472696 |
| CLP Holdings, Ltd. | 187849 | &nbsp;&nbsp;&nbsp;&nbsp;1554319 |
| Constellation Energy Corp. | &nbsp;&nbsp;20509 | &nbsp;&nbsp;&nbsp;&nbsp;6748897 |
| Contact Energy, Ltd. | &nbsp;&nbsp;95795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505435 |
| Duke Energy Corp. | &nbsp;&nbsp;50925 | &nbsp;&nbsp;&nbsp;&nbsp;6301969 |
| Edison International | &nbsp;&nbsp;24162 | &nbsp;&nbsp;&nbsp;&nbsp;1335675 |
| EDP SA | 358947 | &nbsp;&nbsp;&nbsp;&nbsp;1703550 |
| Elia Group SA/NV | &nbsp;&nbsp;&nbsp;4991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576616 |
| Endesa SA | &nbsp;&nbsp;36333 | &nbsp;&nbsp;&nbsp;&nbsp;1160996 |
| Enel SpA | 930342 | &nbsp;&nbsp;&nbsp;&nbsp;8816423 |
| Entergy Corp. | &nbsp;&nbsp;29086 | &nbsp;&nbsp;&nbsp;&nbsp;2710524 |
| Evergy, Inc. | &nbsp;&nbsp;15641 | &nbsp;&nbsp;&nbsp;&nbsp;1189029 |
| Eversource Energy | &nbsp;&nbsp;24975 | &nbsp;&nbsp;&nbsp;&nbsp;1776722 |
| Exelon Corp. | &nbsp;&nbsp;66051 | &nbsp;&nbsp;&nbsp;&nbsp;2972956 |
| FirstEnergy Corp. | &nbsp;&nbsp;34915 | &nbsp;&nbsp;&nbsp;&nbsp;1599805 |
| Fortum OYJ | &nbsp;&nbsp;51312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973936 |
| Genie Energy, Ltd., B Shares | &nbsp;&nbsp;&nbsp;2698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40335 |
| Hawaiian Electric Industries, Inc. (A) | &nbsp;&nbsp;21097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232911 |
| Iberdrola SA | 726027 | &nbsp;&nbsp;&nbsp;13743211 |
| IDACORP, Inc. | &nbsp;&nbsp;&nbsp;8472 | &nbsp;&nbsp;&nbsp;&nbsp;1119575 |
| MGE Energy, Inc. | &nbsp;&nbsp;&nbsp;4527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381083 |
| NextEra Energy, Inc. | 135051 | &nbsp;&nbsp;&nbsp;10195000 |
| NRG Energy, Inc. | &nbsp;&nbsp;12617 | &nbsp;&nbsp;&nbsp;&nbsp;2043323 |
| OGE Energy Corp. | &nbsp;&nbsp;31576 | &nbsp;&nbsp;&nbsp;&nbsp;1461022 |
| Oklo, Inc. (A)(C) | &nbsp;&nbsp;12995 | &nbsp;&nbsp;&nbsp;&nbsp;1450632 |
| Origin Energy, Ltd. | 197053 | &nbsp;&nbsp;&nbsp;&nbsp;1626178 |
| Otter Tail Corp. | &nbsp;&nbsp;&nbsp;4672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382964 |
| PG&E Corp. | 142057 | &nbsp;&nbsp;&nbsp;&nbsp;2142220 |
| Pinnacle West Capital Corp. | &nbsp;&nbsp;&nbsp;8116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727681 |
| Portland General Electric Company | &nbsp;&nbsp;30310 | &nbsp;&nbsp;&nbsp;&nbsp;1333640 |
| Power Assets Holdings, Ltd. | 158444 | &nbsp;&nbsp;&nbsp;&nbsp;1002891 |
| PPL Corp. | &nbsp;&nbsp;47142 | &nbsp;&nbsp;&nbsp;&nbsp;1751797 |
| Redeia Corp. SA | &nbsp;&nbsp;46419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896243 |
| SSE PLC | 126572 | &nbsp;&nbsp;&nbsp;&nbsp;2968834 |
| Terna - Rete Elettrica Nazionale | 160947 | &nbsp;&nbsp;&nbsp;&nbsp;1633369 |
| The Kansai Electric Power Company, Inc. | 108403 | &nbsp;&nbsp;&nbsp;&nbsp;1550578 |
| The Southern Company | &nbsp;&nbsp;72086 | &nbsp;&nbsp;&nbsp;&nbsp;6831590 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electric utilities (continued)** | **Electric utilities (continued)** |  |
| TXNM Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26258 | $&nbsp;&nbsp;&nbsp;&nbsp;1484890 |
| Verbund AG | &nbsp;&nbsp;&nbsp;&nbsp;7789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567297 |
| Xcel Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;39206 | &nbsp;&nbsp;&nbsp;&nbsp;3161964 |
|  |  | 107472337 |
| **Gas utilities – 0.2%** | **Gas utilities – 0.2%** |  |
| APA Group | &nbsp;&nbsp;149222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876029 |
| Atmos Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10798 | &nbsp;&nbsp;&nbsp;&nbsp;1843759 |
| Brookfield Infrastructure Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;14321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588880 |
| Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376459 |
| Hong Kong & China Gas Company, Ltd. | 1280694 | &nbsp;&nbsp;&nbsp;&nbsp;1111377 |
| National Fuel Gas Company | &nbsp;&nbsp;&nbsp;&nbsp;14168 | &nbsp;&nbsp;&nbsp;&nbsp;1308698 |
| New Jersey Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27779 | &nbsp;&nbsp;&nbsp;&nbsp;1337559 |
| Northwest Natural Holding Company | &nbsp;&nbsp;&nbsp;&nbsp;4939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221909 |
| ONE Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16412 | &nbsp;&nbsp;&nbsp;&nbsp;1328387 |
| Osaka Gas Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;40961 | &nbsp;&nbsp;&nbsp;&nbsp;1186381 |
| RGC Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27444 |
| Snam SpA | &nbsp;&nbsp;230675 | &nbsp;&nbsp;&nbsp;&nbsp;1385026 |
| Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17846 | &nbsp;&nbsp;&nbsp;&nbsp;1398056 |
| Spire, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16086 | &nbsp;&nbsp;&nbsp;&nbsp;1311331 |
| Tokyo Gas Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;36081 | &nbsp;&nbsp;&nbsp;&nbsp;1282991 |
| UGI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;33697 | &nbsp;&nbsp;&nbsp;&nbsp;1120762 |
|  |  | &nbsp;&nbsp;&nbsp;16705048 |
| **Independent power and renewable electricity producers –<br> 0.2%** | **Independent power and renewable electricity producers –<br> 0.2%** |  |
| EDP Renovaveis SA | &nbsp;&nbsp;&nbsp;&nbsp;36067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476682 |
| Hallador Energy Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;3792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74209 |
| Meridian Energy, Ltd. | &nbsp;&nbsp;149571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482886 |
| Montauk Renewables, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;9359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18812 |
| Ormat Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16709 | &nbsp;&nbsp;&nbsp;&nbsp;1608241 |
| Orsted A/S (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;19234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334567 |
| RWE AG | &nbsp;&nbsp;&nbsp;&nbsp;72323 | &nbsp;&nbsp;&nbsp;&nbsp;3216833 |
| Talen Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7163 | &nbsp;&nbsp;&nbsp;&nbsp;3046997 |
| The AES Corp. | &nbsp;&nbsp;&nbsp;&nbsp;48394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636865 |
| Vistra Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20901 | &nbsp;&nbsp;&nbsp;&nbsp;4094924 |
|  |  | &nbsp;&nbsp;&nbsp;13991016 |
| **Multi-utilities – 0.7%** | **Multi-utilities – 0.7%** |  |
| Ameren Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17253 | &nbsp;&nbsp;&nbsp;&nbsp;1800868 |
| Avista Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359346 |
| Black Hills Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19522 | &nbsp;&nbsp;&nbsp;&nbsp;1202360 |
| CenterPoint Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41458 | &nbsp;&nbsp;&nbsp;&nbsp;1608570 |
| Centrica PLC | &nbsp;&nbsp;555436 | &nbsp;&nbsp;&nbsp;&nbsp;1247280 |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;20334 | &nbsp;&nbsp;&nbsp;&nbsp;1489669 |
| Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23344 | &nbsp;&nbsp;&nbsp;&nbsp;2346539 |
| Dominion Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;55619 | &nbsp;&nbsp;&nbsp;&nbsp;3402214 |
| DTE Energy Company | &nbsp;&nbsp;&nbsp;&nbsp;13287 | &nbsp;&nbsp;&nbsp;&nbsp;1879180 |
| E.ON SE | &nbsp;&nbsp;256810 | &nbsp;&nbsp;&nbsp;&nbsp;4837138 |
| Engie SA | &nbsp;&nbsp;208920 | &nbsp;&nbsp;&nbsp;&nbsp;4491054 |
| National Grid PLC | &nbsp;&nbsp;560702 | &nbsp;&nbsp;&nbsp;&nbsp;8056536 |
| NiSource, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31998 | &nbsp;&nbsp;&nbsp;&nbsp;1385513 |
| Northwestern Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996018 |
| Public Service Enterprise Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32535 | &nbsp;&nbsp;&nbsp;&nbsp;2715371 |
| Sembcorp Industries, Ltd. | &nbsp;&nbsp;102237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477672 |
| Sempra | &nbsp;&nbsp;&nbsp;&nbsp;42637 | &nbsp;&nbsp;&nbsp;&nbsp;3836477 |
| Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99070 |
| Veolia Environnement SA | &nbsp;&nbsp;&nbsp;&nbsp;72026 | &nbsp;&nbsp;&nbsp;&nbsp;2456231 |
| WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;21694 | &nbsp;&nbsp;&nbsp;&nbsp;2485915 |
|  |  | &nbsp;&nbsp;&nbsp;47173021 |
| **Water utilities – 0.1%** | **Water utilities – 0.1%** |  |
| American States Water Company | &nbsp;&nbsp;&nbsp;&nbsp;4671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342478 |
| American Water Works Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13257 | &nbsp;&nbsp;&nbsp;&nbsp;1845242 |
| Cadiz, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;7461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35216 |
| California Water Service Group | &nbsp;&nbsp;&nbsp;&nbsp;7260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333161 |
| Consolidated Water Company, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65127 |
| Essential Utilities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;43973 | &nbsp;&nbsp;&nbsp;&nbsp;1754523 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Equity Allocation Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Water utilities (continued)** | **Water utilities (continued)** |  |
| Global Water Resources, Inc. | &nbsp;&nbsp;&nbsp;2224 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22907 |
| H2O America | &nbsp;&nbsp;&nbsp;3820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186034 |
| Middlesex Water Company | &nbsp;&nbsp;&nbsp;2197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118902 |
| Pure Cycle Corp. (A) | &nbsp;&nbsp;&nbsp;3031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33553 |
| Severn Trent PLC | &nbsp;&nbsp;30965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079642 |
| The York Water Company | &nbsp;&nbsp;&nbsp;1977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60140 |
| United Utilities Group PLC | &nbsp;&nbsp;78001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205015 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7081940 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;192423362 |
| TOTAL COMMON STOCKS (Cost $2,952,964,007) | TOTAL COMMON STOCKS (Cost $2,952,964,007) | $6803587170 |
| **PREFERRED SECURITIES – 0.1%** |  |  |
| **Consumer discretionary – 0.1%** |  |  |
| **Automobiles – 0.1%** | **Automobiles – 0.1%** |  |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;6402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596328 |
| Dr. Ing. h.c. F. Porsche AG (B)(C) | &nbsp;&nbsp;13026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631541 |
| Porsche Automobil Holding SE | &nbsp;&nbsp;17513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690147 |
| Volkswagen AG | &nbsp;&nbsp;23587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2556587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4474603 |
| **Consumer staples – 0.0%** |  |  |
| **Household products – 0.0%** | **Household products – 0.0%** |  |
| Henkel AG & Company KGaA | &nbsp;&nbsp;18342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479948 |
| **Health care – 0.0%** |  |  |
| **Life sciences tools and services – 0.0%** | **Life sciences tools and services – 0.0%** |  |
| Sartorius AG | &nbsp;&nbsp;&nbsp;2998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700862 |
| TOTAL PREFERRED SECURITIES (Cost $8,275,548) | TOTAL PREFERRED SECURITIES (Cost $8,275,548) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6655413 |
| **RIGHTS – 0.0%** |  |  |
| Gen Digital, Inc. (Expiration Date: 4-17-27) (A)(E) | &nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8573 |
| Orsted A/S (Expiration Date: 10-2-25; Strike Price: DKK 66.60) (A) | 288510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287237 |
| Sofina SA (Expiration Date: 10-3-25; Strike Price: EUR 223.00) (A) | &nbsp;&nbsp;&nbsp;1763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3933 |
| TOTAL RIGHTS (Cost $448,764) | TOTAL RIGHTS (Cost $448,764) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299743 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **WARRANTS – 0.0%** |  |  |
| Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 |
| TOTAL WARRANTS (Cost $0) | TOTAL WARRANTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 |
| **SHORT-TERM INVESTMENTS – 4.3%** | **SHORT-TERM INVESTMENTS – 4.3%** |  |
| **Short-term funds – 4.3%** |  |  |
| John Hancock Collateral Trust, 4.0668% (F)(G) | 30302847 | &nbsp;&nbsp;&nbsp;&nbsp;303131502 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $303,135,188) | TOTAL SHORT-TERM INVESTMENTS (Cost $303,135,188) | $&nbsp;&nbsp;&nbsp;&nbsp;303131502 |
| **Total Investments (Strategic Equity Allocation Trust)<br> (Cost $3,264,823,507) – 100.2%** | **Total Investments (Strategic Equity Allocation Trust)<br> (Cost $3,264,823,507) – 100.2%** | $**7113674140** |
| **Other assets and liabilities, net – (0.2%)** | **Other assets and liabilities, net – (0.2%)** | &nbsp;&nbsp;&nbsp;&nbsp;**(10680944)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**7102993196** |

---

<u>Currency Abbreviations</u> <br> DKK Danish Krone <br> EUR Euro

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| CVR | Contingent Value Right |
| (A) | Non-income producing security. |
| (B) | 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. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $54,754,950. |
| (D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (E) | Strike price and/or expiration date not available. |
| (F) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $57,286,912. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| MSCI EAFE Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$118627519 | &nbsp;&nbsp;&nbsp;&nbsp;$118653780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26261 |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15623456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15715200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91744 |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139176623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139829062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652439 |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16728042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16431000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(297042) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$473402** |

---

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

#### Strategic Income Opportunities Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 9.9%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 9.9%** |  |
| **U.S. Government – 4.0%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 02/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689503 |
| &nbsp;&nbsp;&nbsp;2.750%, 11/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677681 |

---

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government (continued)** |  |  |
| U.S. Treasury Bonds (continued) |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2049 to 08/15/2052 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4440000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3315943 |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467118 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government (continued)** |  |  |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 08/15/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2095000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947613 |
| &nbsp;&nbsp;&nbsp;3.500%, 02/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062993 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9160851 |
| **U.S. Government Agency – 5.9%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 02/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620137 |
| &nbsp;&nbsp;&nbsp;6.000%, 10/01/2054 to 02/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2434959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2507171 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;5.500%, 02/01/2054 to 01/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8499437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8640034 |
| &nbsp;&nbsp;&nbsp;6.000%, 01/01/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597841 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 08/20/2052 to 11/20/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784743 |
| &nbsp;&nbsp;&nbsp;4.500%, 08/20/2052 to 12/20/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496800 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13646726 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $22,556,041) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $22,556,041) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22807577 |
| **FOREIGN GOVERNMENT OBLIGATIONS – 19.4%** | **FOREIGN GOVERNMENT OBLIGATIONS – 19.4%** |  |
| **Australia – 3.4%** |  |  |
| Airservices Australia |  |  |
| &nbsp;&nbsp;&nbsp;2.200%, 05/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517306 |
| &nbsp;&nbsp;&nbsp;5.400%, 11/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520237 |
| New South Wales Treasury Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 02/20/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785860 |
| &nbsp;&nbsp;&nbsp;4.750%, 09/20/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674715 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/20/2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317846 |
| &nbsp;&nbsp;&nbsp;5.250%, 02/24/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461822 |
| Queensland Treasury Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 05/21/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327635 |
| &nbsp;&nbsp;&nbsp;5.250%, 07/21/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880453 |
| &nbsp;&nbsp;&nbsp;5.250%, 08/13/2038 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321824 |
| South Australian Government Financing Authority<br> 1.750%, 05/24/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338686 |
| Treasury Corp. of Victoria |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 11/20/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293430 |
| &nbsp;&nbsp;&nbsp;2.250%, 11/20/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331839 |
| &nbsp;&nbsp;&nbsp;4.250%, 12/20/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448980 |
| &nbsp;&nbsp;&nbsp;4.750%, 09/15/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012840 |
| &nbsp;&nbsp;&nbsp;5.000%, 11/20/2040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319257 |
| &nbsp;&nbsp;&nbsp;5.250%, 09/15/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240472 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7793202 |
| **Austria – 0.1%** |  |  |
| Republic of Austria<br> 2.900%, 02/20/2033 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266113 |
| **Brazil – 1.4%** |  |  |
| Federative Republic of Brazil<br> 10.000%, 01/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3260155 |
| **Canada – 1.6%** |  |  |
| CDP Financial, Inc.<br> 4.200%, 12/02/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337231 |
| Government of Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.500%, 12/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96057 |
| &nbsp;&nbsp;&nbsp;2.750%, 05/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234543 |
| &nbsp;&nbsp;&nbsp;3.500%, 09/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318781 |
| OMERS Finance Trust<br> 3.250%, 01/28/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291644 |
| Ontario Teachers' Finance Trust<br> 2.000%, 04/16/2031 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841725 |
| Province of British Columbia<br> 4.200%, 07/06/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412112 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Canada (continued)** |  |  |
| Province of Ontario |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 01/31/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305000 | $&nbsp;&nbsp;&nbsp;&nbsp;356796 |
| &nbsp;&nbsp;&nbsp;3.450%, 06/02/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;435309 |
| Province of Quebec<br> 4.500%, 09/08/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369000 | &nbsp;&nbsp;&nbsp;&nbsp;373631 |
|  |  | 3697829 |
| **China – 0.1%** |  |  |
| People's Republic of China<br> 2.690%, 08/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1920000 | &nbsp;&nbsp;&nbsp;&nbsp;272840 |
| **Czech Republic – 1.0%** |  |  |
| Czech Republic |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 05/30/2035 | &nbsp;&nbsp;&nbsp;&nbsp;37850000 | 1678344 |
| &nbsp;&nbsp;&nbsp;4.250%, 10/24/2034 | &nbsp;&nbsp;&nbsp;&nbsp;11890000 | &nbsp;&nbsp;&nbsp;&nbsp;562675 |
|  |  | 2241019 |
| **Finland – 0.3%** |  |  |
| Republic of Finland<br> 3.000%, 09/15/2033 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;685989 |
| **Germany – 0.4%** |  |  |
| Federal Republic of Germany<br> 2.200%, 02/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;467241 |
| Federal Republic of Germany,<br> Zero Coupon |  |  |
| &nbsp;&nbsp;&nbsp;0.000%, 08/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;271307 |
| &nbsp;&nbsp;&nbsp;0.000%, 05/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;86137 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;824685 |
| **India – 0.7%** |  |  |
| Republic of India |  |  |
| &nbsp;&nbsp;&nbsp;6.100%, 07/12/2031 | &nbsp;&nbsp;&nbsp;&nbsp;14760000 | &nbsp;&nbsp;&nbsp;&nbsp;163245 |
| &nbsp;&nbsp;&nbsp;6.450%, 10/07/2029 | &nbsp;&nbsp;&nbsp;&nbsp;18150000 | &nbsp;&nbsp;&nbsp;&nbsp;206167 |
| &nbsp;&nbsp;&nbsp;7.100%, 04/18/2029 | &nbsp;&nbsp;&nbsp;&nbsp;108490000 | 1258553 |
|  |  | 1627965 |
| **Indonesia – 2.3%** |  |  |
| Republic of Indonesia |  |  |
| &nbsp;&nbsp;&nbsp;1.100%, 03/12/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;142387 |
| &nbsp;&nbsp;&nbsp;3.050%, 03/12/2051 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;258492 |
| &nbsp;&nbsp;&nbsp;6.375%, 08/15/2028 | 16242000000 | 1002832 |
| &nbsp;&nbsp;&nbsp;6.375%, 04/15/2032 | 17899000000 | 1096513 |
| &nbsp;&nbsp;&nbsp;6.500%, 07/15/2030 | &nbsp;&nbsp;8022000000 | &nbsp;&nbsp;&nbsp;&nbsp;501086 |
| &nbsp;&nbsp;&nbsp;6.500%, 02/15/2031 | 19015000000 | 1181420 |
| &nbsp;&nbsp;&nbsp;6.625%, 05/15/2033 | &nbsp;&nbsp;6488000000 | &nbsp;&nbsp;&nbsp;&nbsp;397093 |
| &nbsp;&nbsp;&nbsp;8.750%, 05/15/2031 | &nbsp;&nbsp;9097000000 | &nbsp;&nbsp;&nbsp;&nbsp;622902 |
| &nbsp;&nbsp;&nbsp;9.000%, 03/15/2029 | &nbsp;&nbsp;3690000000 | &nbsp;&nbsp;&nbsp;&nbsp;246831 |
|  |  | 5449556 |
| **Japan – 0.9%** |  |  |
| Government of Japan<br> 2.100%, 12/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp;298350000 | 2024412 |
| **New Zealand – 2.5%** |  |  |
| Government of New Zealand |  |  |
| &nbsp;&nbsp;&nbsp;0.250%, 05/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;235227 |
| &nbsp;&nbsp;&nbsp;1.750%, 05/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435000 | &nbsp;&nbsp;&nbsp;&nbsp;557800 |
| &nbsp;&nbsp;&nbsp;2.000%, 05/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845000 | &nbsp;&nbsp;&nbsp;&nbsp;438923 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/14/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145000 | &nbsp;&nbsp;&nbsp;&nbsp;644920 |
| &nbsp;&nbsp;&nbsp;4.250%, 05/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150000 | 1847240 |
| &nbsp;&nbsp;&nbsp;4.250%, 05/15/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;299642 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2020000 | 1199043 |
| New Zealand Local Government<br> Funding Agency |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 04/14/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511000 | &nbsp;&nbsp;&nbsp;&nbsp;281586 |
| &nbsp;&nbsp;&nbsp;4.700%, 08/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;316140 |
|  |  | 5820521 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |  |
| **Norway – 0.7%** |  |  |
| Kingdom of Norway |  |  |
| &nbsp;&nbsp;&nbsp;2.125%, 05/18/2032 (A) | 13100000 | $&nbsp;&nbsp;&nbsp;1173247 |
| &nbsp;&nbsp;&nbsp;3.000%, 08/15/2033 (A) | &nbsp;&nbsp;2105000 | &nbsp;&nbsp;&nbsp;&nbsp;196849 |
| &nbsp;&nbsp;&nbsp;3.750%, 06/12/2035 (A) | &nbsp;&nbsp;3280000 | &nbsp;&nbsp;&nbsp;&nbsp;320784 |
|  |  | &nbsp;&nbsp;&nbsp;1690880 |
| **Philippines – 2.3%** |  |  |
| Republic of the Philippines |  |  |
| &nbsp;&nbsp;&nbsp;0.875%, 05/17/2027 | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;890588 |
| &nbsp;&nbsp;&nbsp;6.250%, 02/28/2029 | 30355000 | &nbsp;&nbsp;&nbsp;&nbsp;529209 |
| &nbsp;&nbsp;&nbsp;6.250%, 01/14/2036 | 24000000 | &nbsp;&nbsp;&nbsp;&nbsp;406836 |
| &nbsp;&nbsp;&nbsp;6.375%, 07/27/2030 | 58740000 | &nbsp;&nbsp;&nbsp;1028636 |
| &nbsp;&nbsp;&nbsp;6.375%, 04/28/2035 | 21620000 | &nbsp;&nbsp;&nbsp;&nbsp;381147 |
| &nbsp;&nbsp;&nbsp;6.500%, 05/19/2029 | 62690000 | &nbsp;&nbsp;&nbsp;1103403 |
| &nbsp;&nbsp;&nbsp;6.750%, 09/15/2032 | 41360000 | &nbsp;&nbsp;&nbsp;&nbsp;742892 |
| &nbsp;&nbsp;&nbsp;8.000%, 09/30/2035 | 12020000 | &nbsp;&nbsp;&nbsp;&nbsp;235619 |
|  |  | &nbsp;&nbsp;&nbsp;5318330 |
| **Qatar – 0.2%** |  |  |
| State of Qatar<br> 4.817%, 03/14/2049 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;371452 |
| **United Arab Emirates – 0.1%** |  |  |
| Government of Abu Dhabi<br> 3.875%, 04/16/2050 (A) | &nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;323884 |
| **United Kingdom – 1.4%** |  |  |
| Government of the United Kingdom |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/31/2033 | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;447403 |
| &nbsp;&nbsp;&nbsp;3.750%, 03/07/2027 | &nbsp;&nbsp;1275000 | &nbsp;&nbsp;&nbsp;1709097 |
| &nbsp;&nbsp;&nbsp;4.125%, 07/22/2029 | &nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;431125 |
| &nbsp;&nbsp;&nbsp;4.250%, 07/31/2034 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;627849 |
|  |  | &nbsp;&nbsp;&nbsp;3215474 |
| TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $45,064,470) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $45,064,470) | $44884306 |
| **CORPORATE BONDS – 45.6%** | **CORPORATE BONDS – 45.6%** |  |
| **Communication services – 3.6%** |  |  |
| Alphabet, Inc.<br> 3.000%, 05/06/2033 | &nbsp;&nbsp;&nbsp;&nbsp;362000 | &nbsp;&nbsp;&nbsp;&nbsp;422815 |
| Cellnex Finance Company SA<br> 2.000%, 09/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;319722 |
| Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 07/01/2049 | $&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;868260 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2048 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;317266 |
| Match Group Holdings II LLC<br> 4.125%, 08/01/2030 (A) | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;264458 |
| NBN Company, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 08/28/2031 | &nbsp;&nbsp;1110000 | &nbsp;&nbsp;&nbsp;&nbsp;748156 |
| &nbsp;&nbsp;&nbsp;5.350%, 03/06/2035 | &nbsp;&nbsp;&nbsp;&nbsp;410000 | &nbsp;&nbsp;&nbsp;&nbsp;277445 |
| News Corp.<br> 3.875%, 05/15/2029 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;917559 |
| Sirius XM Radio LLC<br> 4.125%, 07/01/2030 (A) | &nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;815981 |
| T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.700%, 03/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;255478 |
| &nbsp;&nbsp;&nbsp;2.875%, 02/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73758 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;309152 |
| Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 01/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;349351 |
| &nbsp;&nbsp;&nbsp;5.500%, 05/15/2029 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;751000 | &nbsp;&nbsp;&nbsp;&nbsp;742510 |
| Vmed O2 UK Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 01/31/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;908622 |
| &nbsp;&nbsp;&nbsp;4.500%, 07/15/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;412331 |
| &nbsp;&nbsp;&nbsp;5.625%, 04/15/2032 (A) | &nbsp;&nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;264710 |
|  |  | &nbsp;&nbsp;&nbsp;8267574 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary – 3.7%** |  |  |
| Carnival Corp.<br> 5.750%, 01/15/2030 (A) | &nbsp;&nbsp;320000 | $&nbsp;&nbsp;&nbsp;&nbsp;405149 |
| Ford Motor Company<br> 3.250%, 02/12/2032 | $2446000 | 2140186 |
| Ford Motor Credit Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 11/13/2030 | &nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;237867 |
| &nbsp;&nbsp;&nbsp;5.625%, 10/09/2028 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;472639 |
| General Motors Financial Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.700%, (5.700% to 9-30-30, then 5 Year CMT + 4.997%), 09/30/2030 (B) | $&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;199116 |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 9-30-28, then 3 month LIBOR + 3.436%), 09/30/2028 (B) | &nbsp;&nbsp;169000 | &nbsp;&nbsp;&nbsp;&nbsp;168082 |
| Hilton Domestic Operating<br> Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2032 (A) | &nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;251654 |
| &nbsp;&nbsp;&nbsp;4.875%, 01/15/2030 | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;387812 |
| NCL Corp., Ltd.<br> 6.750%, 02/01/2032 (A) | &nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;488505 |
| New Red Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 02/15/2029 (A) | &nbsp;&nbsp;208000 | &nbsp;&nbsp;&nbsp;&nbsp;198596 |
| &nbsp;&nbsp;&nbsp;3.875%, 01/15/2028 (A) | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;419701 |
| Royal Caribbean Cruises, Ltd.<br> 6.000%, 02/01/2033 (A) | &nbsp;&nbsp;759000 | &nbsp;&nbsp;&nbsp;&nbsp;778341 |
| Travel + Leisure Company |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 12/01/2029 (A) | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;357463 |
| &nbsp;&nbsp;&nbsp;6.125%, 09/01/2033 (A) | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;204375 |
| Yum! Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 03/15/2031 | 1175000 | 1097147 |
| &nbsp;&nbsp;&nbsp;4.625%, 01/31/2032 | &nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;466376 |
| &nbsp;&nbsp;&nbsp;4.750%, 01/15/2030 (A) | &nbsp;&nbsp;373000 | &nbsp;&nbsp;&nbsp;&nbsp;370686 |
|  |  | 8643695 |
| **Consumer staples – 2.8%** |  |  |
| Bimbo Bakeries USA, Inc.<br> 5.375%, 01/09/2036 (A) | &nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;705406 |
| Darling Ingredients, Inc.<br> 6.000%, 06/15/2030 (A) | &nbsp;&nbsp;790000 | &nbsp;&nbsp;&nbsp;&nbsp;797553 |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 01/15/2032 | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;288971 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;124000 | &nbsp;&nbsp;&nbsp;&nbsp;129497 |
| Kraft Heinz Foods Company |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 03/15/2033 | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;569009 |
| &nbsp;&nbsp;&nbsp;4.375%, 06/01/2046 | $&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;732325 |
| &nbsp;&nbsp;&nbsp;6.875%, 01/26/2039 | &nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;373761 |
| &nbsp;&nbsp;&nbsp;7.125%, 08/01/2039 (A) | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;399267 |
| MARB BondCo PLC<br> 3.950%, 01/29/2031 (A) | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;499012 |
| Mars, Inc.<br> 5.200%, 03/01/2035 (A) | &nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;413965 |
| Performance Food Group, Inc.<br> 4.250%, 08/01/2029 (A) | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;296273 |
| Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 09/15/2031 (A) | &nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;238234 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2033 (A) | &nbsp;&nbsp;935000 | &nbsp;&nbsp;&nbsp;&nbsp;943704 |
|  |  | 6386977 |
| **Energy – 7.8%** |  |  |
| Aker BP ASA<br> 5.125%, 10/01/2034 (A) | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;412852 |
| Cenovus Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 02/07/2028 | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;202086 |
| &nbsp;&nbsp;&nbsp;5.400%, 06/15/2047 | $&nbsp;&nbsp;417000 | &nbsp;&nbsp;&nbsp;&nbsp;384062 |
| &nbsp;&nbsp;&nbsp;6.750%, 11/15/2039 | 1481000 | 1636638 |
| Civitas Resources, Inc.<br> 8.750%, 07/01/2031 (A) | &nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;737648 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Columbia Pipelines Operating Company LLC<br> 6.036%, 11/15/2033 (A) | $&nbsp;&nbsp;380000 | $&nbsp;&nbsp;&nbsp;&nbsp;405474 |
| Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 04/01/2032 (A) | 1341000 | 1168559 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2031 (A) | &nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;701239 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.200%, (7.200% to 6-27-34, then 5 Year CMT + 2.970%), 06/27/2054 | &nbsp;&nbsp;455000 | &nbsp;&nbsp;&nbsp;&nbsp;482495 |
| &nbsp;&nbsp;&nbsp;8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084 | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;697666 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, (7.125% to 5-15-30, then 5 Year CMT + 5.306%), 05/15/2030 (B) | &nbsp;&nbsp;585000 | &nbsp;&nbsp;&nbsp;&nbsp;604479 |
| &nbsp;&nbsp;&nbsp;8.000%, (8.000% to 5-15-29, then 5 Year CMT + 4.020%), 05/15/2054 | &nbsp;&nbsp;710000 | &nbsp;&nbsp;&nbsp;&nbsp;758722 |
| EQT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 05/15/2031 (A) | 1065000 | &nbsp;&nbsp;&nbsp;&nbsp;995854 |
| &nbsp;&nbsp;&nbsp;5.750%, 02/01/2034 | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;256407 |
| Long Ridge Energy LLC<br> 8.750%, 02/15/2032 (A) | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;277535 |
| MC Brazil Downstream Trading SARL<br> 7.250%, 06/30/2031 (A) | &nbsp;&nbsp;478909 | &nbsp;&nbsp;&nbsp;&nbsp;410075 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 01/01/2031 | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;452947 |
| &nbsp;&nbsp;&nbsp;6.450%, 09/15/2036 | &nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;148773 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2030 | &nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;739282 |
| &nbsp;&nbsp;&nbsp;7.500%, 05/01/2031 | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;297647 |
| Ovintiv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, 08/15/2034 | &nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;683404 |
| &nbsp;&nbsp;&nbsp;6.500%, 02/01/2038 | &nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;651555 |
| Phillips 66 Company<br> 6.200%, (6.200% to 3-15-36, then 5 Year CMT + 2.166%), 03/15/2056 | &nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;295789 |
| PRIO Luxembourg Holding Sarl<br> 6.125%, 06/09/2026 (A) | &nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;359412 |
| QatarEnergy<br> 3.300%, 07/12/2051 (A) | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;221557 |
| South Bow Canadian Infrastructure Holdings, Ltd.<br> 7.500%, (7.500% to 3-1-35, then 5 Year CMT + 3.667%), 03/01/2055 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;318559 |
| Sunoco LP<br> 7.875%, (7.875% to 9-18-30, then 5 Year CMT + 4.230%), 09/18/2030 (A)(B) | &nbsp;&nbsp;485000 | &nbsp;&nbsp;&nbsp;&nbsp;492619 |
| The Williams Companies, Inc.<br> 5.300%, 09/30/2035 | &nbsp;&nbsp;463000 | &nbsp;&nbsp;&nbsp;&nbsp;469837 |
| TransCanada PipeLines, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;6.200%, 10/15/2037 | &nbsp;&nbsp;298000 | &nbsp;&nbsp;&nbsp;&nbsp;319337 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 6-1-30, then 5 Year CMT + 2.614%), 06/01/2065 | &nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;693607 |
| &nbsp;&nbsp;&nbsp;7.250%, 08/15/2038 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;173195 |
| Transcanada Trust<br> 5.600%, (5.600% to 3-7-32, then 5 Year CMT + 3.986% to 3-7-52, then 5 Year CMT + 4.736%), 03/07/2082 | &nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;475631 |
| Var Energi ASA<br> 6.500%, 05/22/2035 (A) | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;499754 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Venture Global LNG, Inc.<br> 9.000%, (9.000% to 9-30-29, then 5 Year CMT + 5.440%), 09/30/2029 (A)(B) | $&nbsp;&nbsp;&nbsp;&nbsp;730000 | $&nbsp;&nbsp;&nbsp;&nbsp;723488 |
|  |  | 18148184 |
| **Financials – 12.0%** |  |  |
| American International Group, Inc.<br> 8.175%, (8.175% to 5-15-38, then 3 month LIBOR + 4.195%), 05/15/2058 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;1338343 |
| Bank of America Corp.<br> 6.625%, (6.625% to 5-1-30, then 5 Year CMT + 2.684%), 05/01/2030 (B) | &nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;962452 |
| Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 11-26-30, then 5 Year CMT + 2.976%), 11/26/2085 | &nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;519044 |
| &nbsp;&nbsp;&nbsp;7.300%, (7.300% to 11-26-34, then 5 Year CMT + 3.010%), 11/26/2084 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;1326469 |
| &nbsp;&nbsp;&nbsp;7.325%, (7.325% to 11-26-27, then 5 Year Canada Government Bond Yield + 4.098%), 11/26/2082 | &nbsp;&nbsp;&nbsp;&nbsp;980000 | &nbsp;&nbsp;&nbsp;&nbsp;747848 |
| Barclays PLC<br> 7.625%, (7.625% to 9-15-35, then 5 Year SOFR ICE Swap Rate + 3.686%), 03/15/2035 (B) | $&nbsp;&nbsp;&nbsp;&nbsp;508000 | &nbsp;&nbsp;&nbsp;&nbsp;538319 |
| Berkshire Hathaway Finance Corp.<br> 2.375%, 06/19/2039 | &nbsp;&nbsp;&nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;429085 |
| BNP Paribas SA<br> 7.375%, (7.375% to 9-10-34, then 5 Year CMT + 3.535%), 09/10/2034 (A)(B) | $&nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;386949 |
| Canadian Imperial Bank of Commerce<br> 7.000%, (7.000% to 10-28-30, then 5 Year CMT + 3.000%), 10/28/2085 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;616137 |
| ConnectOne Bancorp, Inc.<br> 8.125%, (8.125% to 6-1-30, then 3 month CME Term SOFR + 4.415%), 06/01/2035 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;381563 |
| European Bank for Reconstruction & Development<br> 6.300%, 10/26/2027 | 13400000 | &nbsp;&nbsp;&nbsp;&nbsp;149972 |
| First Citizens BancShares, Inc.<br> 6.254%, (6.254% to 3-12-35, then 5 Year CMT + 1.970%), 03/12/2040 | $&nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;633170 |
| First Interstate BancSystem, Inc.<br> 7.625%, (7.625% to 6-15-30, then 3 month CME Term SOFR + 3.980%), 06/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;251125 |
| Five Star Bancorp<br> 6.000%, (6.000% to 9-1-27, then Overnight SOFR + 3.290%), 09/01/2032 (A) | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;153920 |
| HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;5.918%, (Overnight SOFR + 1.570%), 05/13/2031 (C) | &nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;&nbsp;&nbsp;958428 |
| &nbsp;&nbsp;&nbsp;6.950%, (6.950% to 2-27-32, then 5 Year CMT + 2.635%), 08/27/2031 (B) | &nbsp;&nbsp;&nbsp;&nbsp;569000 | &nbsp;&nbsp;&nbsp;&nbsp;594940 |
| &nbsp;&nbsp;&nbsp;7.050%, (7.050% to 12-5-30, then 5 Year CMT + 2.987%), 06/05/2030 (B) | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;208213 |
| Huntington Bancshares, Inc.<br> 6.250%, (6.250% to 10-15-30, then 5 Year CMT + 2.653%), 10/15/2030 (B) | &nbsp;&nbsp;1166000 | &nbsp;&nbsp;&nbsp;1162929 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| ING Groep NV<br> 7.000%, (7.000% to 11-16-32, then 5 Year SOFR ICE Swap Rate + 3.594%), 11/16/2032 (B) | $&nbsp;&nbsp;&nbsp;&nbsp;480000 | $&nbsp;&nbsp;&nbsp;&nbsp;494916 |
| Inter-American Development Bank<br> 7.350%, 10/06/2030 | 44000000 | &nbsp;&nbsp;&nbsp;&nbsp;507429 |
| International Bank for Reconstruction &<br> Development |  |  |
| &nbsp;&nbsp;&nbsp;1.200%, 08/08/2034 | &nbsp;&nbsp;&nbsp;&nbsp;411000 | &nbsp;&nbsp;&nbsp;&nbsp;417702 |
| &nbsp;&nbsp;&nbsp;1.250%, 03/16/2026 | &nbsp;&nbsp;1610000 | &nbsp;&nbsp;&nbsp;&nbsp;159210 |
| &nbsp;&nbsp;&nbsp;6.500%, 04/17/2030 | 35000000 | &nbsp;&nbsp;&nbsp;&nbsp;390163 |
| &nbsp;&nbsp;&nbsp;6.850%, 04/24/2028 | 18000000 | &nbsp;&nbsp;&nbsp;&nbsp;203747 |
| International Development Association<br> 1.750%, 02/17/2027 | &nbsp;&nbsp;1110000 | &nbsp;&nbsp;&nbsp;&nbsp;107749 |
| MSCI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 09/01/2030 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;734933 |
| &nbsp;&nbsp;&nbsp;3.625%, 11/01/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;344000 | &nbsp;&nbsp;&nbsp;&nbsp;323103 |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2031 (A) | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;402419 |
| Nordic Investment Bank<br> 4.000%, 11/04/2026 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;200020 |
| Popular, Inc.<br> 7.250%, 03/13/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;433572 |
| Provident Financial Services, Inc.<br> 9.000%, (9.000% to 5-15-29, then 3 month CME Term SOFR + 4.765%), 05/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;357701 |
| Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, (4.200% to 2-24-27, then 5 Year Canada Government Bond Yield + 2.710%), 02/24/2027 (B) | &nbsp;&nbsp;1415000 | &nbsp;&nbsp;&nbsp;&nbsp;960201 |
| &nbsp;&nbsp;&nbsp;6.350%, (6.350% to 11-24-34, then 5 Year CMT + 2.257%), 11/24/2084 | $&nbsp;&nbsp;&nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;498090 |
| &nbsp;&nbsp;&nbsp;7.500%, (7.500% to 5-2-29, then 5 Year CMT + 2.887%), 05/02/2084 | &nbsp;&nbsp;1045000 | 1101183 |
| Simmons First National Corp.<br> 6.250%, (6.250% to 10-1-30, then 3 month CME Term SOFR + 3.020%), 10/01/2035 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;461934 |
| Societe Generale SA<br> 8.125%, (8.125% to 5-21-30, then 5 Year CMT + 3.790%), 11/21/2029 (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;865000 | &nbsp;&nbsp;&nbsp;&nbsp;906098 |
| South State Bank NA<br> 8.375%, (8.375% to 11-15-29, then 3 month CME Term SOFR + 4.605%), 08/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;419000 |
| Southside Bancshares, Inc.<br> 7.000%, (7.000% to 8-15-30, then 3 month CME Term SOFR + 3.570%), 08/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;536465 |
| The Asian Infrastructure Investment Bank<br> 0.200%, 12/15/2025 | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;460272 |
| The Bank of Nova Scotia |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 10-27-35, then 5 Year CMT + 2.734%), 10/27/2085 (D) | $&nbsp;&nbsp;&nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;852451 |
| &nbsp;&nbsp;&nbsp;8.625%, (8.625% to 10-27-27, then 5 Year CMT + 4.389%), 10/27/2082 | &nbsp;&nbsp;&nbsp;&nbsp;705000 | &nbsp;&nbsp;&nbsp;&nbsp;749141 |
| The PNC Financial Services Group, Inc.<br> 3.400%, (3.400% to 9-15-26, then 5 Year CMT + 2.595%), 09/15/2026 (B) | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;416768 |
| The Toronto-Dominion Bank<br> 8.125%, (8.125% to 10-31-27, then 5 Year CMT + 4.075%), 10/31/2082 | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;824406 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| U.S. Bancorp<br> 3.700%, (3.700% to 1-15-27, then 5 Year CMT + 2.541%), 01/15/2027 (B) | $&nbsp;&nbsp;297000 | $&nbsp;&nbsp;&nbsp;&nbsp;287180 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 8-10-30, then 5 Year SOFR ICE Swap Rate + 3.077%), 02/10/2030 (A)(B) | &nbsp;&nbsp;885000 | &nbsp;&nbsp;&nbsp;&nbsp;906904 |
| &nbsp;&nbsp;&nbsp;7.125%, (7.125% to 2-10-35, then 5 Year SOFR ICE Swap Rate + 3.179%), 08/10/2034 (A)(B) | &nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;591650 |
| Webster Financial Corp.<br> 3.875%, (3.875% to 11-1-25, then 3 month CME Term SOFR + 3.690%), 11/01/2030 | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;443130 |
| Wells Fargo & Company<br> 3.900%, (3.900% to 7-22-31, then 3 month EURIBOR + 1.220%), 07/22/2032 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;483494 |
| Western Alliance Bancorp<br> 3.000%, (3.000% to 6-15-26, then 3 month CME Term SOFR + 2.250%), 06/15/2031 | $&nbsp;&nbsp;785000 | &nbsp;&nbsp;&nbsp;&nbsp;761372 |
|  |  | 27751309 |
| **Health care – 1.9%** |  |  |
| Allergan Funding SCS<br> 2.625%, 11/15/2028 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;342806 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 03/01/2031 | $&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;430707 |
| &nbsp;&nbsp;&nbsp;3.000%, 10/15/2030 | &nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;763974 |
| &nbsp;&nbsp;&nbsp;3.375%, 02/15/2030 | &nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;634584 |
| &nbsp;&nbsp;&nbsp;4.625%, 12/15/2029 | &nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;140560 |
| HCA, Inc.<br> 5.600%, 04/01/2034 | &nbsp;&nbsp;995000 | &nbsp;&nbsp;&nbsp;1032894 |
| Rede D'Or Finance Sarl |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 01/22/2030 (A) | &nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;199639 |
| &nbsp;&nbsp;&nbsp;4.950%, 01/17/2028 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;198680 |
| Teva Pharmaceutical Finance Netherlands II BV<br> 4.375%, 05/09/2030 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;564606 |
| Teva Pharmaceutical Finance Netherlands III BV<br> 4.100%, 10/01/2046 | $&nbsp;&nbsp;197000 | &nbsp;&nbsp;&nbsp;&nbsp;147023 |
|  |  | &nbsp;&nbsp;&nbsp;4455473 |
| **Industrials – 3.9%** |  |  |
| AECOM<br> 6.000%, 08/01/2033 (A) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;613434 |
| AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;6.500%, (6.500% to 1-31-31, then 5 Year CMT + 2.441%), 01/31/2056 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;433288 |
| &nbsp;&nbsp;&nbsp;6.950%, (6.950% to 3-10-30, then 5 Year CMT + 2.720%), 03/10/2055 | &nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;586150 |
| Airbus SE<br> 1.625%, 06/09/2030 | &nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;156496 |
| American Airlines, Inc.<br> 5.750%, 04/20/2029 (A) | $1030000 | &nbsp;&nbsp;&nbsp;1033940 |
| CACI International, Inc.<br> 6.375%, 06/15/2033 (A) | &nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;304307 |
| DAE Funding LLC<br> 3.375%, 03/20/2028 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;193281 |
| Delta Air Lines 2020-1 Class A Pass Through Trust<br> 2.500%, 06/10/2028 | &nbsp;&nbsp;161721 | &nbsp;&nbsp;&nbsp;&nbsp;154515 |
| JetBlue Airways Corp.<br> 9.875%, 09/20/2031 (A) | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;552778 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| Johnson Controls International PLC<br> 0.375%, 09/15/2027 | &nbsp;&nbsp;130000 | $&nbsp;&nbsp;&nbsp;&nbsp;146369 |
| Stanley Black & Decker, Inc.<br> 6.707%, (6.707% to 3-15-30, then 5 Year CMT + 2.657%), 03/15/2060 | $1195000 | 1198969 |
| The Boeing Company<br> 5.805%, 05/01/2050 | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;509523 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, 01/31/2034 (A) | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;164547 |
| &nbsp;&nbsp;&nbsp;6.750%, 01/31/2034 (A) | &nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;367055 |
| &nbsp;&nbsp;&nbsp;7.125%, 12/01/2031 (A) | 1079000 | 1125494 |
| Uber Technologies, Inc.<br> 4.800%, 09/15/2034 | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;280526 |
| United Airlines, Inc.<br> 4.625%, 04/15/2029 (A) | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;221555 |
| United Rentals North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2031 | &nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;477740 |
| &nbsp;&nbsp;&nbsp;4.000%, 07/15/2030 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;382599 |
|  |  | 8902566 |
| **Information technology – 1.1%** |  |  |
| Cloud Software Group, Inc.<br> 6.625%, 08/15/2033 (A) | &nbsp;&nbsp;783000 | &nbsp;&nbsp;&nbsp;&nbsp;797066 |
| CoreWeave, Inc.<br> 9.250%, 06/01/2030 (A) | &nbsp;&nbsp;965000 | &nbsp;&nbsp;&nbsp;&nbsp;996646 |
| Dell International LLC<br> 8.350%, 07/15/2046 | &nbsp;&nbsp;421000 | &nbsp;&nbsp;&nbsp;&nbsp;547157 |
| Gartner, Inc.<br> 3.750%, 10/01/2030 (A) | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;283302 |
|  |  | 2624171 |
| **Materials – 2.8%** |  |  |
| Ball Corp.<br> 2.875%, 08/15/2030 | 1105000 | 1003829 |
| Braskem Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 01/31/2030 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;75140 |
| &nbsp;&nbsp;&nbsp;5.875%, 01/31/2050 (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;72108 |
| Cleveland-Cliffs, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.750%, 04/15/2030 (A) | 1210000 | 1229245 |
| &nbsp;&nbsp;&nbsp;7.375%, 05/01/2033 (A) | &nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;842218 |
| &nbsp;&nbsp;&nbsp;7.625%, 01/15/2034 (A) | &nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;479138 |
| Corp. Nacional del Cobre de Chile |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 11/04/2044 (A) | &nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;300210 |
| &nbsp;&nbsp;&nbsp;6.440%, 01/26/2036 (A) | &nbsp;&nbsp;332000 | &nbsp;&nbsp;&nbsp;&nbsp;358847 |
| Freeport-McMoRan, Inc.<br> 5.450%, 03/15/2043 | 1550000 | 1492930 |
| Quikrete Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2032 (A) | &nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;196810 |
| &nbsp;&nbsp;&nbsp;6.750%, 03/01/2033 (A) | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;213137 |
| Sealed Air Corp.<br> 5.000%, 04/15/2029 (A) | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;233689 |
|  |  | 6497301 |
| **Real estate – 1.9%** |  |  |
| American Tower Corp.<br> 4.625%, 05/16/2031 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;300954 |
| American Tower Trust I<br> 5.490%, 03/15/2028 (A) | $&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;407237 |
| BW Real Estate, Inc.<br> 9.500%, (9.500% to 3-30-30, then 5 Year CMT + 5.402%), 03/30/2030 (A)(B) | &nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;190921 |
| Host Hotels & Resorts LP<br> 3.375%, 12/15/2029 | &nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;156844 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.125%, 02/01/2029 | &nbsp;&nbsp;565000 | &nbsp;&nbsp;&nbsp;&nbsp;528451 |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2027 | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;364422 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Real estate (continued)** |  |  |  |
| SBA Tower Trust<br> 6.599%, 01/15/2028 (A) | $| &nbsp;&nbsp;525000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539060 |
| VICI Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 08/15/2030 (A) |  | &nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695833 |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2032 |  | &nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515020 |
| &nbsp;&nbsp;&nbsp;5.625%, 04/01/2035 |  | &nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593868 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;4292610 |
| **Utilities – 4.1%** |  |  |  |
| American Electric Power Company, Inc.<br> 6.950%, (6.950% to 12-15-34, then 5 Year CMT + 2.675%), 12/15/2054 |  | &nbsp;&nbsp;935000 | &nbsp;&nbsp;&nbsp;&nbsp;1011906 |
| CMS Energy Corp.<br> 6.500%, (6.500% to 6-1-35, then 5 Year CMT + 1.961%), 06/01/2055 |  | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222600 |
| Dominion Energy, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, (6.625% to 5-15-35, then 5 Year CMT + 2.207%), 05/15/2055 |  | &nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496765 |
| &nbsp;&nbsp;&nbsp;6.875%, (6.875% to 2-1-30, then 5 Year CMT + 2.386%), 02/01/2055 |  | &nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455303 |
| &nbsp;&nbsp;&nbsp;7.000%, (7.000% to 6-1-34, then 5 Year CMT + 2.511%), 06/01/2054 |  | &nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666837 |
| Duke Energy Corp.<br> 6.450%, (6.450% to 9-1-34, then 5 Year CMT + 2.588%), 09/01/2054 |  | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211256 |
| E.ON SE<br> 0.625%, 11/07/2031 | EUR | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326496 |
| Emera, Inc.<br> 6.750%, (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%), 06/15/2076 | $| &nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894561 |
| EUSHI Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;6.250%, (6.250% to 4-1-31, then 5 Year CMT + 2.509%), 04/01/2056 |  | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521864 |
| &nbsp;&nbsp;&nbsp;7.625%, (7.625% to 12-15-29, then 5 Year CMT + 3.136%), 12/15/2054 |  | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262102 |
| Exelon Corp.<br> 6.500%, (6.500% to 3-15-35, then 5 Year CMT + 1.975%), 03/15/2055 |  | &nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715960 |
| NextEra Energy Capital Holdings, Inc.<br> 6.500%, (6.500% to 8-15-35, then 5 Year CMT + 1.979%), 08/15/2055 |  | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328372 |
| NRG Energy, Inc.<br> 6.000%, 01/15/2036 (A) |  | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440063 |
| Sempra<br> 6.550%, (6.550% to 4-1-35, then 5 Year CMT + 2.138%), 04/01/2055 |  | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383199 |
| The AES Corp.<br> 7.600%, (7.600% to 1-15-30, then 5 Year CMT + 3.201%), 01/15/2055 |  | 1930000 | &nbsp;&nbsp;&nbsp;&nbsp;1999202 |
| The Southern Company<br> 6.375%, (6.375% to 3-15-35, then 5 Year CMT + 2.069%), 03/15/2055 |  | &nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575425 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;9511911 |
| TOTAL CORPORATE BONDS (Cost $104,218,882) | TOTAL CORPORATE BONDS (Cost $104,218,882) |  | $105481771 |
| **CONVERTIBLE BONDS – 1.8%** | **CONVERTIBLE BONDS – 1.8%** | **CONVERTIBLE BONDS – 1.8%** |  |
| **Consumer discretionary – 0.4%** |  |  |  |
| Burlington Stores, Inc.<br> 1.250%, 12/15/2027 |  | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538600 |
| Marriott Vacations Worldwide Corp.<br> 3.250%, 12/15/2027 |  | &nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395578 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934178 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CONVERTIBLE BONDS (continued)** | **CONVERTIBLE BONDS (continued)** |  |
| **Utilities – 1.4%** |  |  |
| CenterPoint Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 08/01/2028 (A) | &nbsp;&nbsp;470000 | $&nbsp;&nbsp;&nbsp;&nbsp;477213 |
| &nbsp;&nbsp;&nbsp;4.250%, 08/15/2026 | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;677100 |
| FirstEnergy Corp.<br> 3.875%, 01/15/2031 (A) | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;658190 |
| The Southern Company |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 06/15/2028 (A) | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;344080 |
| &nbsp;&nbsp;&nbsp;4.500%, 06/15/2027 | &nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;561308 |
| TXNM Energy, Inc.<br> 5.750%, 06/01/2054 | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;443423 |
|  |  | 3161314 |
| TOTAL CONVERTIBLE BONDS (Cost $3,693,387) |  | $4095492 |
| **TERM LOANS (E) – 9.4%** | **TERM LOANS (E) – 9.4%** |  |
| **Communication services – 0.5%** |  |  |
| Delta 2 Lux Sarl, 2024 Term Loan B1 (3 month CME Term SOFR + 2.000%) 6.002%, 09/30/2031 | &nbsp;&nbsp;274667 | &nbsp;&nbsp;&nbsp;&nbsp;274582 |
| Delta 2 Lux Sarl, 2024 Term Loan B2 (3 month CME Term SOFR + 2.000%) 6.002%, 09/30/2031 | &nbsp;&nbsp;326333 | &nbsp;&nbsp;&nbsp;&nbsp;326232 |
| TKO Worldwide Holdings LLC, 2025 Term Loan (3 month CME Term SOFR + 2.000%) 6.038%, 11/21/2031 | &nbsp;&nbsp;618331 | &nbsp;&nbsp;&nbsp;&nbsp;619005 |
|  |  | 1219819 |
| **Consumer discretionary – 2.4%** |  |  |
| Aramark Services, Inc., 2024 Term Loan B8 (1 and 3 month CME Term SOFR + 2.000%) 6.199%, 06/22/2030 | &nbsp;&nbsp;471027 | &nbsp;&nbsp;&nbsp;&nbsp;471517 |
| Aramark Services, Inc., 2025 Repriced Term Loan (1 month CME Term SOFR + 1.750%) 5.913%, 04/06/2028 | &nbsp;&nbsp;129000 | &nbsp;&nbsp;&nbsp;&nbsp;129000 |
| Clarios Global LP, 2025 USD Term Loan B (1 month CME Term SOFR + 2.750%) 6.913%, 01/28/2032 | &nbsp;&nbsp;885000 | &nbsp;&nbsp;&nbsp;&nbsp;884726 |
| Great Outdoors Group LLC, 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 7.413%, 01/23/2032 | 1338855 | 1337182 |
| Hilton Domestic Operating Company, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 1.750%) 5.908%, 11/08/2030 | &nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;540346 |
| KFC Holding Company, 2021 Term Loan B (1 month CME Term SOFR + 1.750%) 6.000%, 03/15/2028 | &nbsp;&nbsp;402214 | &nbsp;&nbsp;&nbsp;&nbsp;403095 |
| New Red Finance, Inc., 2024 Term Loan B6 (1 month CME Term SOFR + 1.750%) 5.913%, 09/20/2030 | 1006423 | 1002227 |
| Travel + Leisure Company, 2024 Term Loan B (1 month CME Term SOFR + 2.500%) 6.663%, 12/14/2029 | &nbsp;&nbsp;837646 | &nbsp;&nbsp;&nbsp;&nbsp;839431 |
|  |  | 5607524 |
| **Consumer staples – 0.5%** |  |  |
| Opal US LLC, USD Term Loan B (3 month CME Term SOFR + 3.250%) 7.252%, 04/28/2032 | 1055000 | 1057110 |
| **Energy – 0.5%** |  |  |
| Hilcorp Energy I LP, Term Loan B (1 month CME Term SOFR + 2.000%) 6.150%, 02/11/2030 | &nbsp;&nbsp;595791 | &nbsp;&nbsp;&nbsp;&nbsp;595791 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (E) (continued)** | **TERM LOANS (E) (continued)** |  |
| **Energy (continued)** |  |  |
| Long Ridge Energy LLC, Term Loan B (3 month CME Term SOFR + 4.500%) 8.502%, 02/19/2032 | $&nbsp;&nbsp;541178 | $&nbsp;&nbsp;&nbsp;&nbsp;528493 |
|  |  | 1124284 |
| **Financials – 0.1%** |  |  |
| Superannuation & Investments US LLC, 2025 Repriced Term Loan (1 month CME Term SOFR + 3.000%) 7.163%, 12/01/2028 | &nbsp;&nbsp;284288 | &nbsp;&nbsp;&nbsp;&nbsp;285283 |
| **Health care – 0.5%** |  |  |
| Medline Borrower LP, 2025 Term Loan B (1 month CME Term SOFR + 2.000%) 6.163%, 10/23/2030 | 1161930 | 1161210 |
| Organon & Company, 2024 USD Term Loan (1 month CME Term SOFR + 2.250%) 6.408%, 05/19/2031 | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;107113 |
|  |  | 1268323 |
| **Industrials – 2.8%** |  |  |
| AAdvantage Loyalty IP, Ltd., 2025 Term Loan (3 month CME Term SOFR + 2.250%) 6.575%, 04/20/2028 | &nbsp;&nbsp;217704 | &nbsp;&nbsp;&nbsp;&nbsp;217252 |
| AAdvantage Loyalty IP, Ltd., 2025 Term Loan B (3 month CME Term SOFR + 3.250%) 7.575%, 05/28/2032 | &nbsp;&nbsp;498750 | &nbsp;&nbsp;&nbsp;&nbsp;500620 |
| AECOM, 2024 Term Loan (1 month CME Term SOFR + 1.750%) 6.066%, 04/18/2031 | &nbsp;&nbsp;640149 | &nbsp;&nbsp;&nbsp;&nbsp;644284 |
| AS Mileage Plan IP, Ltd., 2025 Repriced Term Loan B (3 month CME Term SOFR + 1.750%) 6.075%, 10/15/2031 | &nbsp;&nbsp;400317 | &nbsp;&nbsp;&nbsp;&nbsp;400817 |
| CACI International, Inc., Term Loan B (1 month CME Term SOFR + 1.750%) 5.913%, 10/30/2031 | &nbsp;&nbsp;824600 | &nbsp;&nbsp;&nbsp;&nbsp;824600 |
| Clean Harbors, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.913%, 10/09/2028 | &nbsp;&nbsp;386802 | &nbsp;&nbsp;&nbsp;&nbsp;386802 |
| Clean Harbors, Inc., 2025 Term Loan 09/24/2032 TBD (F) | &nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;505631 |
| Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B1 (1 month CME Term SOFR + 2.000%) 6.163%, 10/31/2031 | &nbsp;&nbsp;233422 | &nbsp;&nbsp;&nbsp;&nbsp;233410 |
| Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B2 (1 month CME Term SOFR + 2.000%) 6.163%, 10/31/2031 | &nbsp;&nbsp;&nbsp;&nbsp;88786 | &nbsp;&nbsp;&nbsp;&nbsp;88782 |
| Gloves Buyer, Inc., 2025 Term Loan (1 month CME Term SOFR + 4.000%) 8.163%, 05/21/2032 | &nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;576555 |
| JetBlue Airways Corp., 2024 Term Loan B (3 month CME Term SOFR + 4.750%) 8.753%, 08/27/2029 | &nbsp;&nbsp;693723 | &nbsp;&nbsp;&nbsp;&nbsp;664240 |
| TransDigm, Inc., 2023 Term Loan J (3 month CME Term SOFR + 2.500%) 6.502%, 02/28/2031 | &nbsp;&nbsp;230167 | &nbsp;&nbsp;&nbsp;&nbsp;230018 |
| TransDigm, Inc., 2024 Term Loan L (3 month CME Term SOFR + 2.500%) 6.502%, 01/19/2032 | &nbsp;&nbsp;141881 | &nbsp;&nbsp;&nbsp;&nbsp;141783 |
| TransDigm, Inc., 2025 Term Loan K (3 month CME Term SOFR + 2.250%) 6.252%, 03/22/2030 | &nbsp;&nbsp;&nbsp;&nbsp;83063 | &nbsp;&nbsp;&nbsp;&nbsp;82963 |
| United Airlines, Inc., 2024 1st Lien Term Loan B (3 month CME Term SOFR + 2.000%) 6.196%, 02/22/2031 | &nbsp;&nbsp;592798 | &nbsp;&nbsp;&nbsp;&nbsp;593788 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **TERM LOANS (E) (continued)** | **TERM LOANS (E) (continued)** |  |
| **Industrials (continued)** |  |  |
| United Rentals North America, Inc., 2025 Repriced Term Loan B (1 month CME Term SOFR + 1.500%) 5.663%, 02/14/2031 | &nbsp;&nbsp;302262 | $&nbsp;&nbsp;&nbsp;&nbsp;303489 |
|  |  | &nbsp;&nbsp;&nbsp;6395034 |
| **Information technology – 0.8%** |  |  |
| Clearwater Analytics LLC, 2025 Term Loan B (6 month CME Term SOFR + 2.250%) 6.460%, 04/21/2032 | &nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;570000 |
| Cloud Software Group, Inc., 2025 Term Loan B (2031) (3 month CME Term SOFR + 3.250%) 7.252%, 03/21/2031 | &nbsp;&nbsp;763039 | &nbsp;&nbsp;&nbsp;&nbsp;765663 |
| Kaseya, Inc., 2025 1st Lien Term Loan B (1 month CME Term SOFR + 3.250%) 7.413%, 03/20/2032 | &nbsp;&nbsp;586065 | &nbsp;&nbsp;&nbsp;&nbsp;586598 |
|  |  | &nbsp;&nbsp;&nbsp;1922261 |
| **Materials – 0.8%** |  |  |
| Clydesdale Acquisition Holdings, Inc., 2025 Delayed Draw Term Loan (1 month CME Term SOFR + 3.250%) 7.413%, 04/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 |
| Clydesdale Acquisition Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 7.413%, 04/01/2032 | &nbsp;&nbsp;675733 | &nbsp;&nbsp;&nbsp;&nbsp;674510 |
| Quikrete Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 6.413%, 02/10/2032 | 1242029 | &nbsp;&nbsp;&nbsp;1241185 |
|  |  | &nbsp;&nbsp;&nbsp;1916050 |
| **Utilities – 0.5%** |  |  |
| NRG Energy, Inc., 2024 Term Loan (3 month CME Term SOFR + 1.750%) 6.064%, 04/16/2031 | 1071931 | &nbsp;&nbsp;&nbsp;1071598 |
| TOTAL TERM LOANS (Cost $21,947,798) | TOTAL TERM LOANS (Cost $21,947,798) | $21867286 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 5.5%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 5.5%** |  |
| **Commercial and residential – 2.5%** |  |  |
| Arroyo Mortgage Trust<br> Series 2019-1, Class A1<br> 3.805%, 01/25/2049 (A)(G) | &nbsp;&nbsp;139666 | &nbsp;&nbsp;&nbsp;&nbsp;136345 |
| BOCA Commercial Mortgage Trust<br> Series 2024-BOCA, Class A (1 month CME Term SOFR + 1.921%)<br> 6.071%, 08/15/2041 (A)(C) | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;311356 |
| BX Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-CIP, Class A (1 month CME Term SOFR + 1.035%),<br> 5.185%, 12/15/2038 (A)(C) | &nbsp;&nbsp;224310 | &nbsp;&nbsp;&nbsp;&nbsp;224169 |
| &nbsp;&nbsp;&nbsp;Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%),<br> 4.965%, 09/15/2036 (A)(C) | &nbsp;&nbsp;184077 | &nbsp;&nbsp;&nbsp;&nbsp;183502 |
| &nbsp;&nbsp;&nbsp;Series 2024-XL5, Class A (1 month CME Term SOFR + 1.392%),<br> 5.542%, 03/15/2041 (A)(C) | &nbsp;&nbsp;302939 | &nbsp;&nbsp;&nbsp;&nbsp;303129 |
| BX Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-CLS, Class A,<br> 5.760%, 10/13/2027 (A) | &nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;327385 |
| &nbsp;&nbsp;&nbsp;Series 2024-BIO, Class D (1 month CME Term SOFR + 3.639%),<br> 7.789%, 02/15/2041 (A)(C) | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296063 |
| Citigroup Commercial Mortgage Trust<br> Series 2023-SMRT, Class A<br> 6.015%, 10/12/2040 (A)(G) | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;267980 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| COLT Mortgage Loan Trust<br> Series 2022-5, Class A1<br> 4.550%, 04/25/2067 (A)(G) | $&nbsp;&nbsp;148647 | $&nbsp;&nbsp;&nbsp;&nbsp;148113 |
| Credit Suisse Mortgage Capital Certificates<br> Series 2019-NQM1, Class A1<br> 3.656%, 10/25/2059 (A) | &nbsp;&nbsp;&nbsp;&nbsp;26167 | &nbsp;&nbsp;&nbsp;&nbsp;25885 |
| GCAT Trust<br> Series 2022-NQM4, Class A1 (5.269% to 8-1-26, then 6.269% thereafter)<br> 5.269%, 08/25/2067 (A) | &nbsp;&nbsp;167486 | &nbsp;&nbsp;&nbsp;&nbsp;167288 |
| HarborView Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2007-3, Class ES IO,<br> 0.350%, 05/19/2037 (A) | 2603443 | &nbsp;&nbsp;&nbsp;&nbsp;40806 |
| &nbsp;&nbsp;&nbsp;Series 2007-4, Class ES IO,<br> 0.350%, 07/19/2037 | 2695826 | &nbsp;&nbsp;&nbsp;&nbsp;42265 |
| &nbsp;&nbsp;&nbsp;Series 2007-6, Class ES IO,<br> 0.343%, 08/19/2037 (A) | 2959038 | &nbsp;&nbsp;&nbsp;&nbsp;35253 |
| InTown Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-STAY, Class B (1 month CME Term SOFR + 1.750%),<br> 5.900%, 03/15/2042 (A)(C) | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;339363 |
| &nbsp;&nbsp;&nbsp;Series 2025-STAY, Class C (1 month CME Term SOFR + 2.250%),<br> 6.400%, 03/15/2042 (A)(C) | &nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;284466 |
| Life Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%),<br> 5.445%, 05/15/2039 (A)(C) | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;515425 |
| &nbsp;&nbsp;&nbsp;Series 2022-BMR2, Class B (1 month CME Term SOFR + 1.794%),<br> 5.944%, 05/15/2039 (A)(C) | &nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;820251 |
| Morgan Stanley Mortgage Loan Trust<br> Series 2004-9, Class 1A<br> 5.270%, 11/25/2034 (G) | &nbsp;&nbsp;&nbsp;&nbsp;49609 | &nbsp;&nbsp;&nbsp;&nbsp;49368 |
| NYC Commercial Mortgage Trust<br> Series 2025-3BP, Class A (1 month CME Term SOFR + 1.213%)<br> 5.363%, 02/15/2042 (A)(C) | &nbsp;&nbsp;280000 | &nbsp;&nbsp;&nbsp;&nbsp;279293 |
| ROCK Trust<br> Series 2024-CNTR, Class D<br> 7.109%, 11/13/2041 (A) | &nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp;631092 |
| SCOTT Trust<br> Series 2023-SFS, Class AS<br> 6.204%, 03/10/2040 (A) | &nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;167203 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-8, Class A3 (6.127% to 10-1-26, then 7.127% thereafter),<br> 6.127%, 09/25/2067 (A) | &nbsp;&nbsp;224051 | &nbsp;&nbsp;&nbsp;&nbsp;223341 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A1 (5.712% to 1-1-28, then 6.712% thereafter),<br> 5.712%, 01/25/2069 (A) | &nbsp;&nbsp;126922 | &nbsp;&nbsp;&nbsp;&nbsp;127748 |
|  |  | 5947089 |
| **U.S. Government Agency – 3.0%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1A (30 day Average SOFR + 2.200%),<br> 6.556%, 05/25/2042 (A)(C) | &nbsp;&nbsp;177841 | &nbsp;&nbsp;&nbsp;&nbsp;179667 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class M1B (30 day Average SOFR + 3.350%),<br> 7.706%, 05/25/2042 (A)(C) | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;633064 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA6, Class M1A (30 day Average SOFR + 2.150%),<br> 6.506%, 09/25/2042 (A)(C) | $221291 | $222537 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA7, Class M1A (30 day Average SOFR + 2.500%),<br> 6.856%, 03/25/2052 (A)(C) | 190669 | 192635 |
| &nbsp;&nbsp;&nbsp;Series 2022-HQA1, Class M1B (30 day Average SOFR + 3.500%),<br> 7.856%, 03/25/2042 (A)(C) | 200000 | 206246 |
| &nbsp;&nbsp;&nbsp;Series 2022-HQA3, Class M1B (30 day Average SOFR + 3.550%),<br> 7.906%, 08/25/2042 (A)(C) | 295000 | 308814 |
| &nbsp;&nbsp;&nbsp;Series 2024-HQA1, Class M2 (30 day Average SOFR + 2.000%),<br> 6.356%, 03/25/2044 (A)(C) | 730000 | 737294 |
| &nbsp;&nbsp;&nbsp;Series 2025-HQA1, Class M1 (30 day Average SOFR + 1.150%),<br> 5.506%, 02/25/2045 (A)(C) | 396313 | 396312 |
| &nbsp;&nbsp;&nbsp;Series 2025-HQA1, Class M2 (30 day Average SOFR + 1.650%),<br> 6.006%, 02/25/2045 (A)(C) | 420000 | 420000 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-R02, Class 2B2 (30 day Average SOFR + 6.200%),<br> 10.556%, 11/25/2041 (A)(C) | 285000 | 297034 |
| &nbsp;&nbsp;&nbsp;Series 2022-R01, Class 1M1 (30 day Average SOFR + 1.000%),<br> 5.356%, 12/25/2041 (A)(C) | &nbsp;&nbsp;59011 | &nbsp;&nbsp;&nbsp;58956 |
| &nbsp;&nbsp;&nbsp;Series 2022-R03, Class 1M1 (30 day Average SOFR + 2.100%),<br> 6.456%, 03/25/2042 (A)(C) | 172952 | 174979 |
| &nbsp;&nbsp;&nbsp;Series 2022-R04, Class 1M1 (30 day Average SOFR + 2.000%),<br> 6.356%, 03/25/2042 (A)(C) | 255093 | 258953 |
| &nbsp;&nbsp;&nbsp;Series 2022-R05, Class 2M2 (30 day Average SOFR + 3.000%),<br> 7.356%, 04/25/2042 (A)(C) | 575000 | 590379 |
| &nbsp;&nbsp;&nbsp;Series 2022-R06, Class 1M1 (30 day Average SOFR + 2.750%),<br> 7.106%, 05/25/2042 (A)(C) | 189947 | 194384 |
| &nbsp;&nbsp;&nbsp;Series 2022-R09, Class 2M1 (30 day Average SOFR + 2.500%),<br> 6.856%, 09/25/2042 (A)(C) | 168696 | 171068 |
| &nbsp;&nbsp;&nbsp;Series 2023-R01, Class 1M1 (30 day Average SOFR + 2.400%),<br> 6.756%, 12/25/2042 (A)(C) | 298704 | 305638 |
| &nbsp;&nbsp;&nbsp;Series 2023-R03, Class 2M2 (30 day Average SOFR + 3.900%),<br> 8.256%, 04/25/2043 (A)(C) | 195000 | 206208 |
| &nbsp;&nbsp;&nbsp;Series 2023-R06, Class 1M2 (30 day Average SOFR + 2.700%),<br> 7.056%, 07/25/2043 (A)(C) | 245000 | 253148 |
| &nbsp;&nbsp;&nbsp;Series 2024-R02, Class 1M1 (30 day Average SOFR + 1.100%),<br> 5.456%, 02/25/2044 (A)(C) | 294281 | 294099 |
| &nbsp;&nbsp;&nbsp;Series 2025-R02, Class 1M2 (30 day Average SOFR + 1.600%),<br> 5.956%, 02/25/2045 (A)(C) | 445000 | 445689 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-R04, Class 1M1 (30 day Average SOFR + 1.200%),<br> 5.556%, 05/25/2045 (A)(C) | 356712 | $&nbsp;&nbsp;&nbsp;&nbsp;357538 |
|  |  | &nbsp;&nbsp;&nbsp;6904642 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $12,628,174) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $12,628,174) | $12851731 |
| **ASSET-BACKED SECURITIES – 1.5%** | **ASSET-BACKED SECURITIES – 1.5%** |  |
| AutoNation Finance Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class C<br> 5.190%, 12/10/2030 (A) | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;269902 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class D<br> 5.630%, 09/10/2032 (A) | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;173623 |
| DataBank Issuer<br> Series 2023-1A, Class A2<br> 5.116%, 02/25/2053 (A) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;199628 |
| DB Master Finance LLC<br> Series 2019-1A, Class A2II<br> 4.021%, 05/20/2049 (A) | 319600 | &nbsp;&nbsp;&nbsp;&nbsp;318455 |
| Domino's Pizza Master Issuer LLC<br> Series 2025-1A, Class A2II<br> 5.217%, 07/25/2055 (A) | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;176383 |
| FirstKey Homes Trust<br> Series 2020-SFR2, Class A<br> 1.266%, 10/19/2037 (A) | 213632 | &nbsp;&nbsp;&nbsp;&nbsp;212635 |
| Home Partners of America Trust<br> Series 2019-1, Class B<br> 3.157%, 09/17/2039 (A) | 179113 | &nbsp;&nbsp;&nbsp;&nbsp;174465 |
| Jersey Mike's Funding LLC<br> Series 2024-1A, Class A2<br> 5.636%, 02/15/2055 (A) | 552225 | &nbsp;&nbsp;&nbsp;&nbsp;562762 |
| MetroNet Infrastructure Issuer LLC<br> Series 2025-2A, Class B<br> 5.590%, 08/20/2055 (A) | 480000 | &nbsp;&nbsp;&nbsp;&nbsp;483540 |
| OCCU Auto Receivables Trust<br> Series 2022-1A, Class A3<br> 5.500%, 10/15/2027 (A) | &nbsp;&nbsp;54073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54141 |
| Taco Bell Funding LLC<br> Series 2025-1A, Class A2II<br> 5.049%, 08/25/2055 (A) | 505000 | &nbsp;&nbsp;&nbsp;&nbsp;506198 |
| Zayo Issuer LLC<br> Series 2025-1A, Class A2<br> 5.648%, 03/20/2055 (A) | 310000 | &nbsp;&nbsp;&nbsp;&nbsp;315716 |
| TOTAL ASSET-BACKED SECURITIES (Cost $3,381,061) |  | $&nbsp;&nbsp;3447448 |
| **PREFERRED SECURITIES – 3.9%** |  |  |
| **Financials – 2.3%** |  |  |
| Bank of Hawaii Corp., 8.000% (H) | &nbsp;&nbsp;18200 | &nbsp;&nbsp;&nbsp;&nbsp;475930 |
| Citizens Financial Group, Inc., 6.500% (6.500% 10-6-30, then 5 Year CMT + 2.629%) | &nbsp;&nbsp;45950 | &nbsp;&nbsp;&nbsp;1160238 |
| Comerica, Inc., 6.875% (6.875% to 10-1-30, then 5 Year CMT + 3.125%) | &nbsp;&nbsp;39675 | &nbsp;&nbsp;&nbsp;1001000 |
| First Busey Corp., 8.250% | &nbsp;&nbsp;16925 | &nbsp;&nbsp;&nbsp;&nbsp;432434 |
| Huntington Bancshares, Inc., 4.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1839 |
| Live Oak Bancshares, Inc., 8.375% | &nbsp;&nbsp;13025 | &nbsp;&nbsp;&nbsp;&nbsp;339432 |
| UMB Financial Corp., 7.750% (7.750% to 7-15-30, then 5 Year CMT + 3.743%) | &nbsp;&nbsp;25250 | &nbsp;&nbsp;&nbsp;&nbsp;701698 |
| WesBanco, Inc., 7.375% (7.375% to 10-1-30, then 5 Year CMT + 3.795%) | &nbsp;&nbsp;37475 | &nbsp;&nbsp;&nbsp;&nbsp;951116 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **PREFERRED SECURITIES (continued)** |  |  |
| **Financials (continued)** |  |  |
| Wintrust Financial Corp., 7.875% (7.875% to 7-15-30, then 5 Year CMT + 3.878%) | &nbsp;&nbsp;&nbsp;&nbsp;14525 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394499 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5458186 |
| **Industrials – 0.7%** |  |  |
| QXO, Inc., 5.500% | &nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;1044810 |
| The Boeing Company, 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;6950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483512 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1528322 |
| **Information technology – 0.3%** |  |  |
| Hewlett Packard Enterprise Company, 7.625% | &nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611100 |
| **Utilities – 0.6%** |  |  |
| NextEra Energy, Inc., 7.234% | &nbsp;&nbsp;&nbsp;&nbsp;31300 | &nbsp;&nbsp;&nbsp;&nbsp;1472039 |
| TOTAL PREFERRED SECURITIES (Cost $8,451,679) | TOTAL PREFERRED SECURITIES (Cost $8,451,679) | $&nbsp;&nbsp;&nbsp;&nbsp;9069647 |
| **PURCHASED OPTIONS – 0.0%** |  |  |
| **Calls – 0.0%** |  |  |
| Over the Counter Option on the USD vs. CNY (Expiration Date: 11-4-25; Strike Price: $7.40; Counterparty: JPMorgan Chase Bank, N.A.) (I)(J) | 4150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| TOTAL PURCHASED OPTIONS (Cost $47,103) | TOTAL PURCHASED OPTIONS (Cost $47,103) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| **SHORT-TERM INVESTMENTS – 2.5%** | **SHORT-TERM INVESTMENTS – 2.5%** |  |
| **Short-term funds – 2.5%** |  |  |
| John Hancock Collateral Trust, 4.0668% (K)(L) | &nbsp;&nbsp;569061 | &nbsp;&nbsp;&nbsp;&nbsp;5692546 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $5,692,656) | TOTAL SHORT-TERM INVESTMENTS (Cost $5,692,656) | $&nbsp;&nbsp;&nbsp;&nbsp;5692546 |
| **Total Investments (Strategic Income Opportunities Trust)<br> (Cost $227,681,251) – 99.5%** | **Total Investments (Strategic Income Opportunities Trust)<br> (Cost $227,681,251) – 99.5%** | $**230197808** |
| **Other assets and liabilities, net – 0.5%** |  | &nbsp;&nbsp;&nbsp;**1210781** |
| **TOTAL NET ASSETS – 100.0%** |  | $**231408589** |

---

---

| | |
|:---|:---|
| <u>Currency Abbreviations</u> | <u>Currency Abbreviations</u> |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CNY | Chinese Yuan Renminbi |
| CZK | Czech Republic Koruna |
| EUR | Euro |
| GBP | Pound Sterling |

---

---

| | |
|:---|:---|
| IDR | Indonesian Rupiah |
| INR | Indian Rupee |
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PHP | Philippine Peso |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| EURIBOR | Euro Interbank Offered Rate |
| ICE | Intercontinental Exchange |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
| LIBOR | London Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $60,920,105 or 26.3% of the fund's net assets as of 9-30-25. |
| (B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (D) | Security purchased or sold on a when-issued or delayed-delivery basis. |
| (E) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
| (F) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
| (G) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (H) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $110,544. |
| (I) | Non-income producing security. |
| (J) | For this type of option, notional amounts are equivalent to number of contracts. |
| (K) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (L) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $113,396. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| German Euro BUND Futures | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$3764916 | &nbsp;&nbsp;&nbsp;&nbsp;$3773707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8791 |
| 10-Year Canada Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1465935) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1495883) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29948) |
| 10-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3927914) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3937500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9586) |
| 2-Year U.S. Treasury Note Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1880542) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1875586) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4956 |
| Euro-BTP Italian Government Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4193792) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4220947) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27155) |
| Euro-OAT Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(990468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(997297) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6829) |
| U.S. Treasury Long Bond Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(686709) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(699563) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12854) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(72625)** |

---

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

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### FORWARD FOREIGN CURRENCY CONTRACTS

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Contract to buy** | **Contract to buy** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Contract to sell** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Contractual<br> settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> appreciation** | &nbsp;&nbsp;**Unrealized<br> depreciation** |
| AUD | &nbsp;&nbsp;2317218 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1515949 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;$18736 | &nbsp;&nbsp;— |
| EUR | &nbsp;&nbsp;3146250 | &nbsp;&nbsp;USD | &nbsp;&nbsp;3733506 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;$(35150) |
| EUR | &nbsp;&nbsp;4195000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;4950438 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19297) |
| EUR | &nbsp;&nbsp;2097500 | &nbsp;&nbsp;USD | &nbsp;&nbsp;2474366 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8796) |
| MXN | &nbsp;&nbsp;21160621 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1138732 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;7415 | &nbsp;&nbsp;— |
| NOK | &nbsp;&nbsp;10041288 | &nbsp;&nbsp;USD | &nbsp;&nbsp;1017680 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11275) |
| NOK | &nbsp;&nbsp;6980165 | &nbsp;&nbsp;USD | &nbsp;&nbsp;697358 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;2241 | &nbsp;&nbsp;— |
| SGD | &nbsp;&nbsp;23000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;18019 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(87) |
| USD | &nbsp;&nbsp;2150073 | &nbsp;&nbsp;AUD | &nbsp;&nbsp;3244081 | &nbsp;&nbsp;HUS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;1530 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2905680 | &nbsp;&nbsp;AUD | &nbsp;&nbsp;4344752 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;28167 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2503351 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;2099500 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;35430 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;7434596 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;6298500 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;30831 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1238356 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1049750 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;4396 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1240835 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1049750 | &nbsp;&nbsp;SSB | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;6874 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1238952 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1049750 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;10/22/2025 | &nbsp;&nbsp;4991 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;387372 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;327771 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;864 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2711260 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;2296895 | &nbsp;&nbsp;HUS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;2764 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;757792 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;641886 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;881 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1900049 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1607827 | &nbsp;&nbsp;RBC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;4102 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1094331 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;804265 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;12566 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;89813 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;66241 | &nbsp;&nbsp;BNY | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;716 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;342251 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;250581 | &nbsp;&nbsp;HUS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;5210 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;805583 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;593784 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;6922 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1807956 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;1333578 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;14246 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1233909 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;909154 | &nbsp;&nbsp;UBS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;11064 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1820205 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;34341256 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39861) |
| USD | &nbsp;&nbsp;858369 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;16153226 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16557) |
| USD | &nbsp;&nbsp;1009437 | &nbsp;&nbsp;NOK | &nbsp;&nbsp;10002815 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;6888 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1103651 | &nbsp;&nbsp;NOK | &nbsp;&nbsp;10988731 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;2287 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1017182 | &nbsp;&nbsp;NOK | &nbsp;&nbsp;10060439 | &nbsp;&nbsp;SCB | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;8858 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;925241 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;1541696 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;28834 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1228760 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;2074080 | &nbsp;&nbsp;MSCS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;22803 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;987241 | &nbsp;&nbsp;NZD | &nbsp;&nbsp;1648782 | &nbsp;&nbsp;TD | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;28570 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2760664 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;3523574 | &nbsp;&nbsp;BARC | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;13585 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;1946268 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;2492177 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;3296 | &nbsp;&nbsp;— |
| USD | &nbsp;&nbsp;2070498 | &nbsp;&nbsp;SGD | &nbsp;&nbsp;2642805 | &nbsp;&nbsp;HUS | &nbsp;&nbsp;12/17/2025 | &nbsp;&nbsp;10092 | &nbsp;&nbsp;— |
|  |  |  |  |  |  | &nbsp;&nbsp;**$325159** | &nbsp;&nbsp;**$(131023)** |

---

#### WRITTEN OPTIONS

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Foreign currency options** | **Foreign currency options** | **Foreign currency options** | **Foreign currency options** | **Foreign currency options** | **Foreign currency options** | **Foreign currency options** | **Foreign currency options** |
| **Description** | &nbsp;&nbsp;**Counterparty (OTC)** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Exercise<br> price** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> amount\*** | &nbsp;&nbsp;**Premium** | &nbsp;&nbsp;**Value** |
| **Calls** |  |  |  |  |  |  |  |
| U.S. Dollar vs. Chinese Yuan | &nbsp;&nbsp;JPM | &nbsp;&nbsp;USD | &nbsp;&nbsp;7.65 | &nbsp;&nbsp;Nov 2025 | &nbsp;&nbsp;&nbsp;&nbsp;4150000 | &nbsp;&nbsp;$22742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(4) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$22742** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(4)** |
| **Puts** |  |  |  |  |  |  |  |
| Euro vs. U.S. Dollar | &nbsp;&nbsp;GSI | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1.15 | &nbsp;&nbsp;Oct 2025 | &nbsp;&nbsp;&nbsp;&nbsp;9040000 | &nbsp;&nbsp;&nbsp;&nbsp;20792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6442) |
| Euro vs. U.S. Dollar | &nbsp;&nbsp;JPM | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1.16 | &nbsp;&nbsp;Oct 2025 | &nbsp;&nbsp;13685000 | &nbsp;&nbsp;&nbsp;&nbsp;33939 | &nbsp;&nbsp;&nbsp;&nbsp;(25177) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$54731** | &nbsp;&nbsp;**$(31619)** |
|  |  |  |  |  |  | &nbsp;&nbsp;**$77473** | &nbsp;&nbsp;**$(31623)** |
| \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. | \* For this type of option, notional amounts are equivalent to number of contracts. |

---

---

| | |
|:---|:---|
| <u>Derivatives Currency Abbreviations</u> | <u>Derivatives Currency Abbreviations</u> |
| AUD | Australian Dollar |
| EUR | Euro |
| GBP | Pound Sterling |
| MXN | Mexican Peso |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| SGD | Singapore Dollar |
| USD | U.S. Dollar |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Strategic Income Opportunities Trust (continued)<br>

---

| | |
|:---|:---|
| <u>Derivatives Abbreviations</u> | <u>Derivatives Abbreviations</u> |
| BARC | Barclays Bank PLC |
| BNY | The Bank of New York Mellon |
| CITI | Citibank, N.A. |
| GSI | Goldman Sachs International |
| HUS | HSBC Bank USA, N.A. |
| JPM | JPMorgan Chase Bank, N.A. |
| MSCS | Morgan Stanley Capital Services LLC |
| OTC | Over-the-counter |
| RBC | Royal Bank of Canada |
| SCB | Standard Chartered Bank |
| SSB | State Street Bank and Trust Company |
| TD | The Toronto-Dominion Bank |
| UBS | UBS AG |

---

#### Total Bond Market Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 71.0%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 71.0%** |  |
| **U.S. Government – 45.9%** |  |  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;1.250%, 05/15/2050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6025000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955310 |
| &nbsp;&nbsp;&nbsp;2.000%, 11/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4213594 |
| &nbsp;&nbsp;&nbsp;2.000%, 08/15/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7030313 |
| &nbsp;&nbsp;&nbsp;2.250%, 08/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276563 |
| &nbsp;&nbsp;&nbsp;2.750%, 08/15/2047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2174766 |
| &nbsp;&nbsp;&nbsp;2.875%, 05/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1094297 |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2047 to 02/15/2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21995000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16673674 |
| &nbsp;&nbsp;&nbsp;3.375%, 08/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3374044 |
| &nbsp;&nbsp;&nbsp;3.625%, 02/15/2053 to 05/15/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5221787 |
| &nbsp;&nbsp;&nbsp;3.875%, 02/15/2043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750080 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/15/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5309766 |
| &nbsp;&nbsp;&nbsp;4.125%, 08/15/2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1559171 |
| &nbsp;&nbsp;&nbsp;4.250%, 05/15/2039 to 08/15/2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18999000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17774960 |
| &nbsp;&nbsp;&nbsp;4.375%, 05/15/2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766441 |
| &nbsp;&nbsp;&nbsp;4.500%, 02/15/2044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1868144 |
| &nbsp;&nbsp;&nbsp;4.625%, 02/15/2040 to 05/15/2044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6577910 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/15/2041 to 08/15/2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21041000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21161210 |
| &nbsp;&nbsp;&nbsp;4.875%, 08/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408938 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/15/2045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5768520 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;1.500%, 01/31/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6631980 |
| &nbsp;&nbsp;&nbsp;2.250%, 11/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19244452 |
| &nbsp;&nbsp;&nbsp;2.875%, 05/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4710187 |
| &nbsp;&nbsp;&nbsp;3.375%, 09/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9932031 |
| &nbsp;&nbsp;&nbsp;3.625%, 08/15/2028 to 09/30/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30614000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30475335 |
| &nbsp;&nbsp;&nbsp;3.750%, 04/30/2027 to 12/31/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30020496 |
| &nbsp;&nbsp;&nbsp;3.875%, 03/31/2027 to 09/30/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55292000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55497538 |
| &nbsp;&nbsp;&nbsp;4.000%, 12/15/2027 to 07/31/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45603000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45991397 |
| &nbsp;&nbsp;&nbsp;4.125%, 10/31/2026 to 11/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76451000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77301541 |
| &nbsp;&nbsp;&nbsp;4.250%, 11/30/2026 to 08/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48907000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49470447 |
| &nbsp;&nbsp;&nbsp;4.375%, 07/15/2027 to 01/31/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12613000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12902663 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/15/2027 to 11/15/2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25853008 |
| &nbsp;&nbsp;&nbsp;4.625%, 06/15/2027 to 05/31/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20814404 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496804967 |
| **U.S. Government Agency – 25.1%** |  |  |
| Federal Home Loan Bank |  |  |
| &nbsp;&nbsp;&nbsp;4.100%, 08/28/2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997692 |
| &nbsp;&nbsp;&nbsp;5.500%, 07/15/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1849989 |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.500%, 12/01/2036 to 03/01/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4639145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3747896 |
| &nbsp;&nbsp;&nbsp;2.000%, 07/01/2035 to 12/01/2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8003604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6637943 |
| &nbsp;&nbsp;&nbsp;2.500%, 04/01/2031 to 05/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11184866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9570091 |
| &nbsp;&nbsp;&nbsp;3.000%, 07/01/2032 to 08/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10077993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9056057 |
| &nbsp;&nbsp;&nbsp;3.500%, 12/01/2025 to 07/01/2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5933569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5503067 |

---

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 12/01/2039 to 09/01/2047 | $&nbsp;&nbsp;&nbsp;&nbsp;941904 | $&nbsp;&nbsp;&nbsp;&nbsp;911593 |
| &nbsp;&nbsp;&nbsp;4.500%, 07/01/2029 to 07/01/2052 | &nbsp;&nbsp;5707770 | &nbsp;&nbsp;&nbsp;5600655 |
| &nbsp;&nbsp;&nbsp;5.000%, 07/01/2035 to 07/01/2053 | &nbsp;&nbsp;4234789 | &nbsp;&nbsp;&nbsp;4225171 |
| &nbsp;&nbsp;&nbsp;5.500%, 04/01/2027 to 07/01/2055 | 10750806 | 10906929 |
| &nbsp;&nbsp;&nbsp;6.000%, 10/01/2036 to 05/01/2055 | 11444163 | 11764810 |
| &nbsp;&nbsp;&nbsp;6.250%, 07/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;510812 |
| &nbsp;&nbsp;&nbsp;6.500%, 08/01/2037 to 09/01/2053 | &nbsp;&nbsp;1537316 | &nbsp;&nbsp;&nbsp;1607753 |
| &nbsp;&nbsp;&nbsp;6.586%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.836%), 08/01/2037 (A) | &nbsp;&nbsp;&nbsp;&nbsp;204558 | &nbsp;&nbsp;&nbsp;&nbsp;211864 |
| &nbsp;&nbsp;&nbsp;6.750%, 09/15/2029 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;1334775 |
| &nbsp;&nbsp;&nbsp;7.000%, 04/01/2029 to 04/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4967 |
| &nbsp;&nbsp;&nbsp;7.500%, 09/01/2030 to 03/01/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2791 |
| &nbsp;&nbsp;&nbsp;8.000%, 02/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;1.500%, 11/01/2036 to 02/01/2051 | &nbsp;&nbsp;4853502 | &nbsp;&nbsp;&nbsp;4162800 |
| &nbsp;&nbsp;&nbsp;2.000%, 02/01/2035 to 06/01/2052 | 49845970 | 41556114 |
| &nbsp;&nbsp;&nbsp;2.500%, 05/01/2028 to 04/01/2052 | 28087535 | 24377154 |
| &nbsp;&nbsp;&nbsp;3.000%, 01/01/2027 to 03/01/2052 | 14524439 | 13155578 |
| &nbsp;&nbsp;&nbsp;3.500%, 12/01/2025 to 07/01/2052 | &nbsp;&nbsp;9492110 | &nbsp;&nbsp;&nbsp;8847581 |
| &nbsp;&nbsp;&nbsp;4.000%, 02/01/2031 to 04/01/2053 | 13409235 | 12866832 |
| &nbsp;&nbsp;&nbsp;4.500%, 08/01/2033 to 07/01/2053 | &nbsp;&nbsp;3837930 | &nbsp;&nbsp;&nbsp;3773849 |
| &nbsp;&nbsp;&nbsp;5.000%, 12/01/2034 to 10/01/2054 | &nbsp;&nbsp;8213678 | &nbsp;&nbsp;&nbsp;8221499 |
| &nbsp;&nbsp;&nbsp;5.500%, 01/01/2034 to 02/01/2055 | &nbsp;&nbsp;6163970 | &nbsp;&nbsp;&nbsp;6261124 |
| &nbsp;&nbsp;&nbsp;5.625%, 07/15/2037 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;553089 |
| &nbsp;&nbsp;&nbsp;6.000%, 07/01/2027 to 07/01/2055 | &nbsp;&nbsp;5062875 | &nbsp;&nbsp;&nbsp;5198737 |
| &nbsp;&nbsp;&nbsp;6.036%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.411%), 07/01/2034 (A) | &nbsp;&nbsp;&nbsp;&nbsp;27883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28300 |
| &nbsp;&nbsp;&nbsp;6.307%, (1 Year CMT + 2.185%), 05/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;26791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27454 |
| &nbsp;&nbsp;&nbsp;6.335%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.335%), 01/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8152 |
| &nbsp;&nbsp;&nbsp;6.376%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.580%), 09/01/2037 (A) | &nbsp;&nbsp;&nbsp;&nbsp;29497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30402 |
| &nbsp;&nbsp;&nbsp;6.500%, 07/01/2031 to 12/01/2053 | &nbsp;&nbsp;2043774 | &nbsp;&nbsp;&nbsp;2125406 |
| &nbsp;&nbsp;&nbsp;6.875%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.875%), 04/01/2037 (A) | &nbsp;&nbsp;&nbsp;&nbsp;36543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38020 |
| &nbsp;&nbsp;&nbsp;7.000%, 02/01/2031 to 10/01/2038 | &nbsp;&nbsp;&nbsp;&nbsp;21115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22508 |
| &nbsp;&nbsp;&nbsp;7.125%, 01/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;209000 | &nbsp;&nbsp;&nbsp;&nbsp;237680 |
| &nbsp;&nbsp;&nbsp;7.250%, 05/15/2030 | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;1664676 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal National<br> Mortgage Association (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.500%, 09/01/2030 to 08/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8940 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9432 |
| &nbsp;&nbsp;&nbsp;8.000%, 08/01/2030 to 09/01/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141 |
| &nbsp;&nbsp;&nbsp;8.500%, 09/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138 |
| Government National<br> Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 11/20/2050 to 08/20/2051 | 10924470 | &nbsp;&nbsp;&nbsp;&nbsp;9043550 |
| &nbsp;&nbsp;&nbsp;2.500%, 08/20/2050 to 11/20/2051 | 11488683 | &nbsp;&nbsp;&nbsp;&nbsp;9897927 |
| &nbsp;&nbsp;&nbsp;3.000%, 08/15/2043 to 05/20/2053 | &nbsp;&nbsp;8817743 | &nbsp;&nbsp;&nbsp;&nbsp;7933677 |
| &nbsp;&nbsp;&nbsp;3.500%, 04/15/2042 to 01/20/2052 | &nbsp;&nbsp;6592091 | &nbsp;&nbsp;&nbsp;&nbsp;6129762 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/15/2026 to 03/20/2053 | &nbsp;&nbsp;5375201 | &nbsp;&nbsp;&nbsp;&nbsp;5139124 |
| &nbsp;&nbsp;&nbsp;4.500%, 08/15/2033 to 07/20/2053 | &nbsp;&nbsp;5431653 | &nbsp;&nbsp;&nbsp;&nbsp;5316896 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/15/2033 to 10/20/2054 | &nbsp;&nbsp;6463357 | &nbsp;&nbsp;&nbsp;&nbsp;6467910 |
| &nbsp;&nbsp;&nbsp;5.500%, 11/15/2032 to 02/20/2055 | &nbsp;&nbsp;7926650 | &nbsp;&nbsp;&nbsp;&nbsp;8022857 |
| &nbsp;&nbsp;&nbsp;6.000%, 07/15/2029 to 06/20/2055 | &nbsp;&nbsp;4836624 | &nbsp;&nbsp;&nbsp;&nbsp;4941734 |
| &nbsp;&nbsp;&nbsp;6.500%, 05/15/2028 to 11/20/2052 | &nbsp;&nbsp;&nbsp;&nbsp;745004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;769797 |
| &nbsp;&nbsp;&nbsp;7.000%, 08/15/2029 to 05/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8371 |
| &nbsp;&nbsp;&nbsp;7.500%, 09/15/2030 to 01/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2479 |
|  |  | 271286750 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $805,221,666) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $805,221,666) | $768091717 |
| **FOREIGN GOVERNMENT OBLIGATIONS – 0.8%** | **FOREIGN GOVERNMENT OBLIGATIONS – 0.8%** |  |
| **Canada – 0.0%** |  |  |
| Province of British Columbia<br> 6.500%, 01/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493044 |
| **Chile – 0.1%** |  |  |
| Republic of Chile<br> 3.100%, 05/07/2041 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513068 |
| **Indonesia – 0.1%** |  |  |
| Republic of Indonesia<br> 3.850%, 10/15/2030 | &nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;1029105 |
| **Italy – 0.1%** |  |  |
| Republic of Italy<br> 5.375%, 06/15/2033 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1054302 |
| **Japan – 0.1%** |  |  |
| Japan Bank for International Cooperation<br> 3.500%, 10/31/2028 | &nbsp;&nbsp;&nbsp;&nbsp;830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821903 |
| **Mexico – 0.3%** |  |  |
| Government of Mexico |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 01/11/2028 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1977500 |
| &nbsp;&nbsp;&nbsp;6.050%, 01/11/2040 | &nbsp;&nbsp;&nbsp;&nbsp;930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933999 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2911499 |
| **Panama – 0.0%** |  |  |
| Republic of Panama<br> 6.700%, 01/26/2036 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390184 |
| **Peru – 0.0%** |  |  |
| Republic of Peru<br> 6.550%, 03/14/2037 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278000 |
| **Poland – 0.1%** |  |  |
| Republic of Poland<br> 5.125%, 09/18/2034 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;1022183 |
| TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $8,642,198) | TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $8,642,198) | $&nbsp;&nbsp;&nbsp;&nbsp;8513288 |
| **CORPORATE BONDS – 24.7%** | **CORPORATE BONDS – 24.7%** |  |
| **Communication services – 1.8%** |  |  |
| Alphabet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.100%, 08/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262743 |
| &nbsp;&nbsp;&nbsp;2.050%, 08/15/2050 | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227684 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.550%, 12/01/2033 | $&nbsp;&nbsp;665000 | $&nbsp;&nbsp;&nbsp;&nbsp;566254 |
| &nbsp;&nbsp;&nbsp;3.800%, 12/01/2057 | &nbsp;&nbsp;644000 | &nbsp;&nbsp;&nbsp;&nbsp;459203 |
| &nbsp;&nbsp;&nbsp;4.750%, 05/15/2046 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;625081 |
| &nbsp;&nbsp;&nbsp;4.850%, 07/15/2045 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;449125 |
| &nbsp;&nbsp;&nbsp;5.150%, 03/15/2042 | &nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;111654 |
| &nbsp;&nbsp;&nbsp;5.400%, 02/15/2034 | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;831476 |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2041 | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;410136 |
| British Telecommunications PLC<br> 9.625%, 12/15/2030 | &nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;252411 |
| Charter Communications Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.800%, 04/01/2031 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;541351 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/30/2029 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;425499 |
| &nbsp;&nbsp;&nbsp;5.375%, 05/01/2047 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;453775 |
| Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.350%, 01/15/2027 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;269515 |
| &nbsp;&nbsp;&nbsp;2.887%, 11/01/2051 | &nbsp;&nbsp;256000 | &nbsp;&nbsp;&nbsp;&nbsp;157689 |
| &nbsp;&nbsp;&nbsp;3.450%, 02/01/2050 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;349537 |
| &nbsp;&nbsp;&nbsp;3.999%, 11/01/2049 | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;420285 |
| &nbsp;&nbsp;&nbsp;4.049%, 11/01/2052 | 1065000 | &nbsp;&nbsp;&nbsp;&nbsp;816560 |
| &nbsp;&nbsp;&nbsp;4.600%, 10/15/2038 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;188441 |
| &nbsp;&nbsp;&nbsp;6.500%, 11/15/2035 | &nbsp;&nbsp;&nbsp;&nbsp;72000 | &nbsp;&nbsp;&nbsp;&nbsp;80555 |
| Deutsche Telekom International Finance BV<br> 8.750%, 06/15/2030 | &nbsp;&nbsp;161000 | &nbsp;&nbsp;&nbsp;&nbsp;189772 |
| Fox Corp.<br> 3.500%, 04/08/2030 | &nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;619925 |
| Grupo Televisa SAB<br> 6.625%, 01/15/2040 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;202129 |
| Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.600%, 05/15/2028 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;255116 |
| &nbsp;&nbsp;&nbsp;4.950%, 05/15/2033 | &nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;771365 |
| Netflix, Inc.<br> 4.875%, 04/15/2028 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;327031 |
| Oracle Corp.<br> 4.200%, 09/27/2029 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;299372 |
| Paramount Global<br> 4.950%, 05/19/2050 | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;393535 |
| Rogers Communications, Inc.<br> 4.500%, 03/15/2042 | &nbsp;&nbsp;735000 | &nbsp;&nbsp;&nbsp;&nbsp;639886 |
| TCI Communications, Inc.<br> 7.125%, 02/15/2028 | &nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;117257 |
| Telefonica Emisiones SA<br> 7.045%, 06/20/2036 | &nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;259486 |
| Telefonica Europe BV<br> 8.250%, 09/15/2030 | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;439041 |
| The Walt Disney Company |  |  |
| &nbsp;&nbsp;&nbsp;2.650%, 01/13/2031 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;372155 |
| &nbsp;&nbsp;&nbsp;6.200%, 12/15/2034 | &nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;541570 |
| Time Warner Cable Enterprises LLC<br> 8.375%, 07/15/2033 | &nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;668718 |
| T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 02/15/2041 | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;323112 |
| &nbsp;&nbsp;&nbsp;3.875%, 04/15/2030 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;622674 |
| &nbsp;&nbsp;&nbsp;4.500%, 04/15/2050 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;588853 |
| &nbsp;&nbsp;&nbsp;5.750%, 01/15/2054 | &nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;749987 |
| TWDC Enterprises 18 Corp.<br> 4.125%, 06/01/2044 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;448368 |
| Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.680%, 10/30/2030 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;175865 |
| &nbsp;&nbsp;&nbsp;2.875%, 11/20/2050 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;319123 |
| &nbsp;&nbsp;&nbsp;4.016%, 12/03/2029 | &nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;531277 |
| &nbsp;&nbsp;&nbsp;4.522%, 09/15/2048 | 1335000 | 1145353 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Communication services (continued)** |  |  |
| Vodafone Group PLC<br> 6.150%, 02/27/2037 | $&nbsp;&nbsp;330000 | $&nbsp;&nbsp;&nbsp;&nbsp;359580 |
|  |  | 19259524 |
| **Consumer discretionary – 1.5%** |  |  |
| Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.100%, 05/12/2031 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;359864 |
| &nbsp;&nbsp;&nbsp;2.500%, 06/03/2050 | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;494213 |
| &nbsp;&nbsp;&nbsp;4.050%, 08/22/2047 | &nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;380693 |
| &nbsp;&nbsp;&nbsp;4.700%, 12/01/2032 | &nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;770846 |
| American Honda Finance Corp.<br> 1.800%, 01/13/2031 | &nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;545716 |
| AutoZone, Inc.<br> 3.750%, 06/01/2027 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;631228 |
| Booking Holdings, Inc.<br> 3.550%, 03/15/2028 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;316592 |
| Chevron USA, Inc.<br> 4.300%, 10/15/2030 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;301635 |
| Choice Hotels International, Inc.<br> 3.700%, 01/15/2031 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;187237 |
| D.R. Horton, Inc.<br> 1.400%, 10/15/2027 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;208721 |
| Expedia Group, Inc.<br> 3.250%, 02/15/2030 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;286634 |
| Ford Motor Credit Company LLC<br> 6.798%, 11/07/2028 | &nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;751719 |
| General Motors Company<br> 5.400%, 04/01/2048 (B) | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;287224 |
| General Motors Financial Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.400%, 10/15/2028 | &nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;326460 |
| &nbsp;&nbsp;&nbsp;3.100%, 01/12/2032 | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;342353 |
| &nbsp;&nbsp;&nbsp;3.600%, 06/21/2030 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;400130 |
| &nbsp;&nbsp;&nbsp;5.350%, 07/15/2027 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;305431 |
| &nbsp;&nbsp;&nbsp;5.900%, 01/07/2035 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;361110 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/04/2034 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;228481 |
| Honda Motor Company Ltd.<br> 5.337%, 07/08/2035 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;305675 |
| Lennar Corp.<br> 4.750%, 11/29/2027 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;317983 |
| Lowe's Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.650%, 04/05/2029 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;589639 |
| &nbsp;&nbsp;&nbsp;3.750%, 04/01/2032 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;526099 |
| McDonald's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 03/03/2035 (B) | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;506579 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/17/2029 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;566244 |
| NIKE, Inc.<br> 2.850%, 03/27/2030 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;237453 |
| President and Fellows of Harvard College<br> 4.887%, 03/15/2030 | 1000000 | &nbsp;&nbsp;&nbsp;1029736 |
| Starbucks Corp.<br> 3.550%, 08/15/2029 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;308633 |
| The Home Depot, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.375%, 03/15/2031 | &nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;555937 |
| &nbsp;&nbsp;&nbsp;2.700%, 04/15/2030 | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;612267 |
| &nbsp;&nbsp;&nbsp;4.250%, 04/01/2046 | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;266187 |
| &nbsp;&nbsp;&nbsp;5.875%, 12/16/2036 | &nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;168789 |
| The TJX Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 04/15/2030 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;396487 |
| &nbsp;&nbsp;&nbsp;4.500%, 04/15/2050 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;467054 |
| Toll Brothers Finance Corp.<br> 3.800%, 11/01/2029 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;195779 |
| Toyota Motor Credit Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.150%, 08/13/2027 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;504422 |
| &nbsp;&nbsp;&nbsp;1.900%, 09/12/2031 | &nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;637131 |
| &nbsp;&nbsp;&nbsp;3.050%, 01/11/2028 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;519180 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| Trustees of Dartmouth College<br> 4.273%, 06/01/2030 | $&nbsp;&nbsp;500000 | $&nbsp;&nbsp;&nbsp;&nbsp;503546 |
| Yale University<br> 4.701%, 04/15/2032 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;101743 |
|  |  | 16802850 |
| **Consumer staples – 1.4%** |  |  |
| Altria Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.400%, 02/04/2041 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;329420 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/02/2043 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;431197 |
| Anheuser-Busch Companies LLC<br> 4.900%, 02/01/2046 | &nbsp;&nbsp;464000 | &nbsp;&nbsp;&nbsp;&nbsp;434689 |
| Anheuser-Busch InBev Worldwide, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 01/23/2031 | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;351290 |
| &nbsp;&nbsp;&nbsp;5.000%, 06/15/2034 | &nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;345599 |
| &nbsp;&nbsp;&nbsp;5.450%, 01/23/2039 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;258304 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.726%, 03/25/2031 | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;593873 |
| &nbsp;&nbsp;&nbsp;5.625%, 08/15/2035 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;519502 |
| Constellation Brands, Inc.<br> 4.500%, 05/09/2047 | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;310803 |
| Costco Wholesale Corp.<br> 1.600%, 04/20/2030 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;473318 |
| Diageo Capital PLC<br> 2.000%, 04/29/2030 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;272834 |
| General Mills, Inc.<br> 2.875%, 04/15/2030 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;595977 |
| JBS USA LUX SA |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 02/02/2052 | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;294831 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/01/2033 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;443840 |
| Kellanova<br> 5.250%, 03/01/2033 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;207310 |
| Kenvue, Inc.<br> 4.900%, 03/22/2033 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;533693 |
| Keurig Dr. Pepper, Inc.<br> 4.597%, 05/25/2028 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;528008 |
| Kimberly-Clark Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 07/30/2046 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;219167 |
| &nbsp;&nbsp;&nbsp;4.500%, 02/16/2033 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;222483 |
| Kraft Heinz Foods Company |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 06/01/2046 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;416094 |
| &nbsp;&nbsp;&nbsp;4.625%, 01/30/2029 | &nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;292478 |
| &nbsp;&nbsp;&nbsp;6.875%, 01/26/2039 | &nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44628 |
| Molson Coors Beverage Company |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 07/15/2046 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;122201 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/01/2042 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;140190 |
| Mondelez International, Inc.<br> 4.625%, 05/07/2048 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;255394 |
| PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 10/15/2027 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;492341 |
| &nbsp;&nbsp;&nbsp;4.000%, 03/05/2042 | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;233689 |
| &nbsp;&nbsp;&nbsp;4.600%, 02/07/2030 | &nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;291119 |
| &nbsp;&nbsp;&nbsp;5.500%, 01/15/2040 | &nbsp;&nbsp;305000 | &nbsp;&nbsp;&nbsp;&nbsp;321633 |
| Philip Morris International, Inc.<br> 6.375%, 05/16/2038 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;336682 |
| Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 03/23/2035 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51670 |
| &nbsp;&nbsp;&nbsp;6.600%, 04/01/2050 | 1000000 | &nbsp;&nbsp;&nbsp;1111283 |
| Target Corp.<br> 3.900%, 11/15/2047 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;415747 |
| The Coca-Cola Company |  |  |
| &nbsp;&nbsp;&nbsp;2.125%, 09/06/2029 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;397775 |
| &nbsp;&nbsp;&nbsp;2.500%, 06/01/2040 | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;319870 |
| The Estee Lauder Companies, Inc.<br> 2.600%, 04/15/2030 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;592056 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer staples (continued)** |  |  |
| The Kroger Company |  |  |
| &nbsp;&nbsp;&nbsp;4.450%, 02/01/2047 | $300000 | $&nbsp;&nbsp;&nbsp;&nbsp;255772 |
| &nbsp;&nbsp;&nbsp;5.000%, 09/15/2034 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;302547 |
| The Procter & Gamble Company<br> 3.600%, 03/25/2050 | 630000 | &nbsp;&nbsp;&nbsp;&nbsp;491187 |
| Tyson Foods, Inc.<br> 4.350%, 03/01/2029 | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;425327 |
| Walmart, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 07/08/2029 | 640000 | &nbsp;&nbsp;&nbsp;&nbsp;627149 |
| &nbsp;&nbsp;&nbsp;4.050%, 06/29/2048 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;438308 |
|  |  | 15741278 |
| **Energy – 1.8%** |  |  |
| Baker Hughes Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.337%, 12/15/2027 | 500000 | &nbsp;&nbsp;&nbsp;&nbsp;492900 |
| &nbsp;&nbsp;&nbsp;4.486%, 05/01/2030 | 550000 | &nbsp;&nbsp;&nbsp;&nbsp;555068 |
| Berry Global, Inc.<br> 5.500%, 04/15/2028 | 280000 | &nbsp;&nbsp;&nbsp;&nbsp;287885 |
| BP Capital Markets America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.893%, 09/11/2033 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;532605 |
| &nbsp;&nbsp;&nbsp;5.017%, 11/17/2027 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;536105 |
| Canadian Natural Resources, Ltd.<br> 6.250%, 03/15/2038 | 305000 | &nbsp;&nbsp;&nbsp;&nbsp;325539 |
| Cenovus Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.250%, 04/15/2027 | 330000 | &nbsp;&nbsp;&nbsp;&nbsp;329978 |
| &nbsp;&nbsp;&nbsp;5.400%, 06/15/2047 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;276304 |
| ConocoPhillips Company |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 11/15/2044 | 330000 | &nbsp;&nbsp;&nbsp;&nbsp;284695 |
| &nbsp;&nbsp;&nbsp;5.000%, 01/15/2035 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;303915 |
| Devon Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 06/15/2045 | 885000 | &nbsp;&nbsp;&nbsp;&nbsp;770495 |
| &nbsp;&nbsp;&nbsp;7.875%, 09/30/2031 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;243719 |
| Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.150%, 01/30/2030 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;334708 |
| &nbsp;&nbsp;&nbsp;5.750%, 04/18/2054 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;192518 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.700%, 07/15/2027 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;297542 |
| &nbsp;&nbsp;&nbsp;4.500%, 06/10/2044 | 335000 | &nbsp;&nbsp;&nbsp;&nbsp;286032 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/08/2033 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;552488 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 05/15/2030 | 455000 | &nbsp;&nbsp;&nbsp;&nbsp;441837 |
| &nbsp;&nbsp;&nbsp;5.500%, 06/01/2027 | 635000 | &nbsp;&nbsp;&nbsp;&nbsp;646011 |
| &nbsp;&nbsp;&nbsp;6.125%, 12/15/2045 | 370000 | &nbsp;&nbsp;&nbsp;&nbsp;372507 |
| &nbsp;&nbsp;&nbsp;6.500%, 02/01/2042 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;264789 |
| Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 02/15/2052 | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;474567 |
| &nbsp;&nbsp;&nbsp;4.850%, 08/15/2042 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;302775 |
| &nbsp;&nbsp;&nbsp;4.950%, 02/15/2035 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;201663 |
| &nbsp;&nbsp;&nbsp;6.875%, 03/01/2033 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;147394 |
| Exxon Mobil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.995%, 08/16/2039 | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;340048 |
| &nbsp;&nbsp;&nbsp;3.482%, 03/19/2030 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;507893 |
| Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 03/01/2041 | &nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80108 |
| &nbsp;&nbsp;&nbsp;6.500%, 09/01/2039 | 180000 | &nbsp;&nbsp;&nbsp;&nbsp;194875 |
| Kinder Morgan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 02/01/2029 | 625000 | &nbsp;&nbsp;&nbsp;&nbsp;639076 |
| &nbsp;&nbsp;&nbsp;5.550%, 06/01/2045 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;388520 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;4.800%, 02/15/2029 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;425844 |
| &nbsp;&nbsp;&nbsp;5.000%, 03/01/2033 | 315000 | &nbsp;&nbsp;&nbsp;&nbsp;315078 |
| &nbsp;&nbsp;&nbsp;5.200%, 03/01/2047 | 155000 | &nbsp;&nbsp;&nbsp;&nbsp;139292 |
| &nbsp;&nbsp;&nbsp;5.950%, 04/01/2055 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;195518 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.200%, 08/01/2029 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;253675 |
| &nbsp;&nbsp;&nbsp;5.375%, 01/01/2032 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;101698 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Energy (continued)** |  |  |
| Occidental Petroleum Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2030 | $&nbsp;&nbsp;385000 | $&nbsp;&nbsp;&nbsp;&nbsp;412498 |
| ONEOK Partners LP<br> 6.650%, 10/01/2036 | &nbsp;&nbsp;288000 | &nbsp;&nbsp;&nbsp;&nbsp;314699 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.650%, 11/01/2028 | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;404432 |
| &nbsp;&nbsp;&nbsp;6.625%, 09/01/2053 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;531895 |
| Ovintiv, Inc.<br> 6.500%, 08/15/2034 | &nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp;309668 |
| Phillips 66 Company<br> 3.750%, 03/01/2028 | &nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;227812 |
| Plains All American Pipeline LP |  |  |
| &nbsp;&nbsp;&nbsp;4.700%, 01/15/2031 | &nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80170 |
| &nbsp;&nbsp;&nbsp;4.900%, 02/15/2045 | &nbsp;&nbsp;395000 | &nbsp;&nbsp;&nbsp;&nbsp;344506 |
| Shell Finance US, Inc.<br> 4.375%, 05/11/2045 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;873639 |
| Shell International Finance BV<br> 6.375%, 12/15/2038 | &nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;147088 |
| Suncor Energy, Inc.<br> 5.950%, 05/15/2035 | &nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;168484 |
| Targa Resources Partners LP<br> 4.000%, 01/15/2032 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;474172 |
| The Williams Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 11/15/2030 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;406210 |
| &nbsp;&nbsp;&nbsp;5.100%, 09/15/2045 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;388815 |
| &nbsp;&nbsp;&nbsp;5.300%, 09/30/2035 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;152215 |
| TransCanada PipeLines, Ltd.<br> 5.850%, 03/15/2036 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;447028 |
| Valero Energy Corp.<br> 7.500%, 04/15/2032 | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;312311 |
|  |  | 19031306 |
| **Financials – 8.1%** |  |  |
| Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.548%, (5.548% to 7-31-32, then Overnight SOFR + 1.780%), 07/31/2033 | &nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;296092 |
| &nbsp;&nbsp;&nbsp;6.184%, (6.184% to 7-26-34, then Overnight SOFR + 2.290%), 07/26/2035 | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;165023 |
| American Express Company<br> 4.420%, (4.420% to 8-3-32, then Overnight SOFR + 1.760%), 08/03/2033 | 1046000 | &nbsp;&nbsp;&nbsp;1036413 |
| American International Group, Inc.<br> 5.125%, 03/27/2033 | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;452639 |
| Ameriprise Financial, Inc.<br> 5.150%, 05/15/2033 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;544017 |
| Aon Corp.<br> 2.050%, 08/23/2031 | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;386564 |
| Aon North America, Inc.<br> 5.450%, 03/01/2034 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;312511 |
| Arch Capital Finance LLC<br> 4.011%, 12/15/2026 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;399246 |
| Ares Capital Corp.<br> 5.875%, 03/01/2029 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;540151 |
| Arthur J. Gallagher & Company |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, 07/15/2034 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;414227 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/15/2055 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;293175 |
| Athene Holding, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 01/12/2028 | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;224633 |
| &nbsp;&nbsp;&nbsp;6.250%, 04/01/2054 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;254872 |
| Banco Santander SA<br> 1.722%, (1.722% to 9-14-26, then 1 Year CMT + 0.900%), 09/14/2027 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;683074 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.419%, (3.419% to 12-20-27, then 3 month CME Term SOFR + 1.302%), 12/20/2028 | $1437000 | $1415076 |
| &nbsp;&nbsp;&nbsp;3.970%, (3.970% to 3-5-28, then 3 month CME Term SOFR + 1.332%), 03/05/2029 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;497569 |
| &nbsp;&nbsp;&nbsp;3.974%, (3.974% to 2-7-29, then 3 month CME Term SOFR + 1.472%), 02/07/2030 | 2105000 | 2089469 |
| &nbsp;&nbsp;&nbsp;4.443%, (4.443% to 1-20-47, then 3 month CME Term SOFR + 2.252%), 01/20/2048 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;456072 |
| &nbsp;&nbsp;&nbsp;5.468%, (5.468% to 1-23-34, then Overnight SOFR + 1.650%), 01/23/2035 | &nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;642202 |
| &nbsp;&nbsp;&nbsp;5.511%, (5.511% to 1-24-35, then Overnight SOFR + 1.310%), 01/24/2036 | &nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;710813 |
| &nbsp;&nbsp;&nbsp;7.750%, 05/14/2038 | &nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;586232 |
| Bank of Montreal<br> 5.511%, 06/04/2031 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;526647 |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 01/10/2047 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;294924 |
| &nbsp;&nbsp;&nbsp;5.367%, (5.367% to 2-25-30, then Overnight SOFR + 1.230%), 02/25/2031 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;257788 |
| &nbsp;&nbsp;&nbsp;5.674%, (5.674% to 3-12-27, then Overnight SOFR + 1.490%), 03/12/2028 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;509724 |
| &nbsp;&nbsp;&nbsp;7.437%, (7.437% to 11-2-32, then 1 Year CMT + 3.500%), 11/02/2033 | &nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;860568 |
| Berkshire Hathaway Finance Corp.<br> 4.400%, 05/15/2042 | &nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;588638 |
| Blackstone Private Credit Fund<br> 5.950%, 07/16/2029 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;324057 |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.197%, (5.197% to 9-11-35, then Overnight SOFR + 1.630%), 09/11/2036 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296700 |
| &nbsp;&nbsp;&nbsp;5.268%, (5.268% to 5-10-32, then Overnight SOFR + 2.370%), 05/10/2033 | &nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;516430 |
| &nbsp;&nbsp;&nbsp;5.700%, (5.700% to 2-1-29, then Overnight SOFR + 1.905%), 02/01/2030 | &nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;674840 |
| Capital One NA<br> 4.650%, 09/13/2028 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;253000 |
| Chubb INA Holdings LLC<br> 4.900%, 08/15/2035 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;301783 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.462%, (1.462% to 6-9-26, then Overnight SOFR + 0.770%), 06/09/2027 | &nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;671971 |
| &nbsp;&nbsp;&nbsp;2.561%, (2.561% to 5-1-31, then Overnight SOFR + 1.167%), 05/01/2032 | &nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;671468 |
| &nbsp;&nbsp;&nbsp;2.666%, (2.666% to 1-29-30, then Overnight SOFR + 1.146%), 01/29/2031 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;650704 |
| &nbsp;&nbsp;&nbsp;4.281%, (4.281% to 4-24-47, then 3 month CME Term SOFR + 2.101%), 04/24/2048 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;356776 |
| &nbsp;&nbsp;&nbsp;4.450%, 09/29/2027 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;502035 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Citigroup, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.658%, (4.658% to 5-24-27, then Overnight SOFR + 1.887%), 05/24/2028 | $&nbsp;&nbsp;700000 | $&nbsp;&nbsp;&nbsp;&nbsp;705264 |
| &nbsp;&nbsp;&nbsp;5.449%, (5.449% to 6-11-34, then Overnight SOFR + 1.447%), 06/11/2035 | &nbsp;&nbsp;865000 | &nbsp;&nbsp;&nbsp;&nbsp;896986 |
| Citizens Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.253%, (5.253% to 3-5-30, then Overnight SOFR + 1.259%), 03/05/2031 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;204974 |
| &nbsp;&nbsp;&nbsp;5.718%, (5.718% to 7-23-31, then Overnight SOFR + 1.910%), 07/23/2032 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;224490 |
| CNA Financial Corp.<br> 3.900%, 05/01/2029 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;315867 |
| CNO Financial Group, Inc.<br> 5.250%, 05/30/2029 | &nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;213623 |
| Corebridge Financial, Inc.<br> 3.900%, 04/05/2032 | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;253022 |
| Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;3.742%, (3.742% to 1-7-32, then Overnight SOFR + 2.257%), 01/07/2033 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;276319 |
| &nbsp;&nbsp;&nbsp;5.297%, (5.297% to 5-9-30, then Overnight SOFR + 1.720%), 05/09/2031 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;153655 |
| &nbsp;&nbsp;&nbsp;5.403%, (5.403% to 9-11-34, then Overnight SOFR + 2.050%), 09/11/2035 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;356897 |
| &nbsp;&nbsp;&nbsp;5.706%, (5.706% to 2-8-27, then Overnight SOFR + 1.594%), 02/08/2028 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;254542 |
| European Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 03/19/2027 | 1500000 | 1513604 |
| &nbsp;&nbsp;&nbsp;4.875%, 02/15/2036 | 1000000 | 1053674 |
| Fifth Third Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;5.631%, (5.631% to 1-29-31, then Overnight SOFR + 1.840%), 01/29/2032 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;314505 |
| &nbsp;&nbsp;&nbsp;6.339%, (6.339% to 7-27-28, then Overnight SOFR + 2.340%), 07/27/2029 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;331904 |
| Fiserv, Inc.<br> 2.250%, 06/01/2027 | &nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;611940 |
| Five Corners Funding Trust II<br> 2.850%, 05/15/2030 (C) | &nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;590136 |
| GE Capital International Funding Company<br> 4.418%, 11/15/2035 | &nbsp;&nbsp;647000 | &nbsp;&nbsp;&nbsp;&nbsp;633436 |
| Global Payments, Inc.<br> 4.450%, 06/01/2028 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;425685 |
| Hartford Insurance Group, Inc.<br> 5.950%, 10/15/2036 | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;183162 |
| HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;2.848%, (2.848% to 6-4-30, then Overnight SOFR + 2.387%), 06/04/2031 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;929802 |
| &nbsp;&nbsp;&nbsp;4.583%, (4.583% to 6-19-28, then 3 month CME Term SOFR + 1.796%), 06/19/2029 | 1050000 | 1057428 |
| &nbsp;&nbsp;&nbsp;5.240%, (5.240% to 5-13-30, then Overnight SOFR + 1.570%), 05/13/2031 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;257263 |
| &nbsp;&nbsp;&nbsp;6.500%, 09/15/2037 | &nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;757075 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.272%, (5.272% to 1-15-30, then Overnight SOFR + 1.276%), 01/15/2031 | $&nbsp;&nbsp;200000 | $&nbsp;&nbsp;&nbsp;&nbsp;206134 |
| &nbsp;&nbsp;&nbsp;6.141%, (6.141% to 11-18-34, then 5 Year CMT + 1.700%), 11/18/2039 | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;234138 |
| ING Groep NV<br> 4.252%, (4.252% to 3-28-32, then Overnight SOFR + 2.070%), 03/28/2033 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;293707 |
| Inter-American Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.125%, 07/20/2028 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;466420 |
| &nbsp;&nbsp;&nbsp;1.125%, 01/13/2031 | 2000000 | 1742764 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/12/2028 | 1000000 | 1006834 |
| &nbsp;&nbsp;&nbsp;4.500%, 02/15/2030 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;514821 |
| Intercontinental Exchange, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.100%, 09/15/2027 | &nbsp;&nbsp;440000 | &nbsp;&nbsp;&nbsp;&nbsp;432138 |
| &nbsp;&nbsp;&nbsp;4.600%, 03/15/2033 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;502405 |
| International Bank for Reconstruction &<br> Development |  |  |
| &nbsp;&nbsp;&nbsp;0.750%, 11/24/2027 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;940103 |
| &nbsp;&nbsp;&nbsp;4.000%, 01/10/2031 | 1000000 | 1007506 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031 | &nbsp;&nbsp;391000 | &nbsp;&nbsp;&nbsp;&nbsp;362664 |
| &nbsp;&nbsp;&nbsp;3.109%, (3.109% to 4-22-50, then Overnight SOFR + 2.440%), 04/22/2051 | 1940000 | 1341342 |
| &nbsp;&nbsp;&nbsp;3.509%, (3.509% to 1-23-28, then 3 month CME Term SOFR + 1.207%), 01/23/2029 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;493413 |
| &nbsp;&nbsp;&nbsp;3.540%, (3.540% to 5-1-27, then 3 month CME Term SOFR + 1.642%), 05/01/2028 | &nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;802921 |
| &nbsp;&nbsp;&nbsp;4.452%, (4.452% to 12-5-28, then 3 month CME Term SOFR + 1.592%), 12/05/2029 | &nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;907448 |
| &nbsp;&nbsp;&nbsp;4.603%, (4.603% to 10-22-29, then Overnight SOFR + 1.040%), 10/22/2030 | &nbsp;&nbsp;805000 | &nbsp;&nbsp;&nbsp;&nbsp;814412 |
| &nbsp;&nbsp;&nbsp;4.851%, (4.851% to 7-25-27, then Overnight SOFR + 1.990%), 07/25/2028 | 1000000 | 1013222 |
| &nbsp;&nbsp;&nbsp;5.294%, (5.294% to 7-22-34, then Overnight SOFR + 1.460%), 07/22/2035 | &nbsp;&nbsp;735000 | &nbsp;&nbsp;&nbsp;&nbsp;759163 |
| &nbsp;&nbsp;&nbsp;6.400%, 05/15/2038 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;283967 |
| KeyBank NA |  |  |
| &nbsp;&nbsp;&nbsp;5.000%, 01/26/2033 | &nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;327094 |
| &nbsp;&nbsp;&nbsp;5.850%, 11/15/2027 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;257921 |
| Lincoln National Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 12/12/2026 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;521587 |
| &nbsp;&nbsp;&nbsp;7.000%, 06/15/2040 | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;181734 |
| M&T Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.553%, (4.553% to 8-16-27, then SOFR Compounded Index + 1.780%), 08/16/2028 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;100623 |
| &nbsp;&nbsp;&nbsp;5.053%, (5.053% to 1-27-33, then Overnight SOFR + 1.850%), 01/27/2034 | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;125320 |
| &nbsp;&nbsp;&nbsp;5.179%, (5.179% to 7-8-30, then Overnight SOFR + 1.400%), 07/08/2031 | &nbsp;&nbsp;124000 | &nbsp;&nbsp;&nbsp;&nbsp;126989 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Marsh & McLennan Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.375%, 12/15/2031 | $&nbsp;&nbsp;250000 | $&nbsp;&nbsp;&nbsp;&nbsp;222627 |
| &nbsp;&nbsp;&nbsp;4.900%, 03/15/2049 | &nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;243637 |
| Mastercard, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 11/18/2031 | &nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;339873 |
| &nbsp;&nbsp;&nbsp;2.950%, 11/21/2026 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;296734 |
| MetLife, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.600%, 05/13/2046 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;475141 |
| &nbsp;&nbsp;&nbsp;5.300%, 12/15/2034 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;312040 |
| Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.538%, (1.538% to 7-20-26, then 1 Year CMT + 0.750%), 07/20/2027 | 1360000 | 1330912 |
| &nbsp;&nbsp;&nbsp;5.441%, (5.441% to 2-22-33, then 1 Year CMT + 1.630%), 02/22/2034 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;225160 |
| Mizuho Financial Group, Inc.<br> 1.234%, (1.234% to 5-22-26, then 1 Year CMT + 0.670%), 05/22/2027 | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;784696 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;1.512%, (1.512% to 7-20-26, then Overnight SOFR + 0.858%), 07/20/2027 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;513752 |
| &nbsp;&nbsp;&nbsp;3.622%, (3.622% to 4-1-30, then Overnight SOFR + 3.120%), 04/01/2031 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;970303 |
| &nbsp;&nbsp;&nbsp;3.772%, (3.772% to 1-24-28, then 3 month CME Term SOFR + 1.402%), 01/24/2029 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;629496 |
| &nbsp;&nbsp;&nbsp;4.375%, 01/22/2047 | 1095000 | &nbsp;&nbsp;&nbsp;&nbsp;960283 |
| &nbsp;&nbsp;&nbsp;5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029 | 1000000 | 1023632 |
| &nbsp;&nbsp;&nbsp;5.320%, (5.320% to 7-19-34, then Overnight SOFR + 1.555%), 07/19/2035 | &nbsp;&nbsp;485000 | &nbsp;&nbsp;&nbsp;&nbsp;500447 |
| &nbsp;&nbsp;&nbsp;6.296%, (6.296% to 10-18-27, then Overnight SOFR + 2.240%), 10/18/2028 | 1050000 | 1094193 |
| Nasdaq, Inc.<br> 1.650%, 01/15/2031 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;437116 |
| National Rural Utilities Cooperative Finance Corp.<br> 4.023%, 11/01/2032 | &nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;716920 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.964%, (4.964% to 8-15-29, then 1 Year CMT + 1.220%), 08/15/2030 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;320806 |
| &nbsp;&nbsp;&nbsp;5.115%, (5.115% to 5-23-30, then 1 Year CMT + 1.050%), 05/23/2031 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;307616 |
| &nbsp;&nbsp;&nbsp;5.583%, (5.583% to 3-1-27, then 1 Year CMT + 1.100%), 03/01/2028 | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;229178 |
| &nbsp;&nbsp;&nbsp;5.778%, (5.778% to 3-1-34, then 1 Year CMT + 1.500%), 03/01/2035 | &nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;221452 |
| Nomura Holdings, Inc.<br> 3.103%, 01/16/2030 | 1050000 | &nbsp;&nbsp;&nbsp;&nbsp;990951 |
| PayPal Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 06/01/2030 | &nbsp;&nbsp;455000 | &nbsp;&nbsp;&nbsp;&nbsp;418849 |
| &nbsp;&nbsp;&nbsp;2.850%, 10/01/2029 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;476680 |
| Prudential Financial, Inc.<br> 4.350%, 02/25/2050 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;253888 |
| Raymond James Financial, Inc.<br> 4.950%, 07/15/2046 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;484601 |
| Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 11/03/2031 | &nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;760214 |
| &nbsp;&nbsp;&nbsp;4.900%, 01/12/2028 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;306120 |
| S&P Global, Inc.<br> 2.900%, 03/01/2032 | &nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;586159 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| Santander Holdings USA, Inc.<br> 4.400%, 07/13/2027 | $&nbsp;&nbsp;250000 | $&nbsp;&nbsp;&nbsp;&nbsp;250686 |
| State Street Corp.<br> 5.159%, (5.159% to 5-18-33, then Overnight SOFR + 1.890%), 05/18/2034 | &nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;766611 |
| Sumitomo Mitsui Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.364%, 07/12/2027 | &nbsp;&nbsp;760000 | &nbsp;&nbsp;&nbsp;&nbsp;752434 |
| &nbsp;&nbsp;&nbsp;5.558%, 07/09/2034 | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;395500 |
| &nbsp;&nbsp;&nbsp;5.710%, 01/13/2030 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;369075 |
| The Allstate Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 12/15/2046 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;251542 |
| &nbsp;&nbsp;&nbsp;5.250%, 03/30/2033 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;259242 |
| The Bank of New York Mellon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 05/16/2027 | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;792838 |
| &nbsp;&nbsp;&nbsp;4.596%, (4.596% to 7-26-29, then SOFR + 1.755%), 07/26/2030 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;243900 |
| The Bank of Nova Scotia<br> 4.850%, 02/01/2030 | &nbsp;&nbsp;715000 | &nbsp;&nbsp;&nbsp;&nbsp;732030 |
| The Charles Schwab Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 01/25/2028 | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;324197 |
| &nbsp;&nbsp;&nbsp;5.853%, (5.853% to 5-19-33, then Overnight SOFR + 2.500%), 05/19/2034 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;342475 |
| The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.600%, 02/07/2030 | &nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;674409 |
| &nbsp;&nbsp;&nbsp;2.650%, (2.650% to 10-21-31, then Overnight SOFR + 1.264%), 10/21/2032 | &nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;364229 |
| &nbsp;&nbsp;&nbsp;3.102%, (3.102% to 2-24-32, then Overnight SOFR + 1.410%), 02/24/2033 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;917379 |
| &nbsp;&nbsp;&nbsp;3.210%, (3.210% to 4-22-41, then Overnight SOFR + 1.513%), 04/22/2042 | 1035000 | &nbsp;&nbsp;&nbsp;&nbsp;800224 |
| &nbsp;&nbsp;&nbsp;4.482%, (4.482% to 8-23-27, then Overnight SOFR + 1.725%), 08/23/2028 | 1000000 | 1006257 |
| &nbsp;&nbsp;&nbsp;5.727%, (5.727% to 4-25-29, then Overnight SOFR + 1.265%), 04/25/2030 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;627745 |
| The PNC Financial Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.450%, 04/23/2029 | 1060000 | 1037836 |
| &nbsp;&nbsp;&nbsp;4.758%, (4.758% to 1-26-26, then SOFR Compounded Index + 1.085%), 01/26/2027 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;300324 |
| &nbsp;&nbsp;&nbsp;4.899%, (4.899% to 5-13-30, then Overnight SOFR + 1.333%), 05/13/2031 | &nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;326781 |
| The Toronto-Dominion Bank<br> 2.000%, 09/10/2031 | &nbsp;&nbsp;830000 | &nbsp;&nbsp;&nbsp;&nbsp;737372 |
| The Travelers Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.050%, 03/07/2048 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;248057 |
| &nbsp;&nbsp;&nbsp;5.050%, 07/24/2035 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;305346 |
| Travelers Property Casualty Corp.<br> 7.750%, 04/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;50984 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.125%, 08/03/2027 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;497962 |
| &nbsp;&nbsp;&nbsp;5.435%, (5.435% to 1-24-29, then Overnight SOFR + 1.620%), 01/24/2030 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;543220 |
| U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;5.384%, (5.384% to 1-23-29, then Overnight SOFR + 1.560%), 01/23/2030 | &nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;651369 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| U.S. Bancorp (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.836%, (5.836% to 6-10-33, then Overnight SOFR + 2.260%), 06/12/2034 | $&nbsp;&nbsp;630000 | $&nbsp;&nbsp;&nbsp;&nbsp;671320 |
| UBS AG<br> 5.000%, 07/09/2027 | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;274543 |
| Visa, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.050%, 04/15/2030 | &nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;584022 |
| &nbsp;&nbsp;&nbsp;4.300%, 12/14/2045 | &nbsp;&nbsp;488000 | &nbsp;&nbsp;&nbsp;&nbsp;430800 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;2.572%, (2.572% to 2-11-30, then 3 month CME Term SOFR + 1.262%), 02/11/2031 | 2035000 | &nbsp;&nbsp;&nbsp;1891186 |
| &nbsp;&nbsp;&nbsp;3.068%, (3.068% to 4-30-40, then Overnight SOFR + 2.530%), 04/30/2041 | 1600000 | &nbsp;&nbsp;&nbsp;1242060 |
| &nbsp;&nbsp;&nbsp;3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033 | 1035000 | &nbsp;&nbsp;&nbsp;&nbsp;963456 |
| &nbsp;&nbsp;&nbsp;3.526%, (3.526% to 3-24-27, then SOFR + 1.510%), 03/24/2028 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;396430 |
| Westpac Banking Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.354%, 07/01/2030 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;302668 |
| &nbsp;&nbsp;&nbsp;5.618%, (5.618% to 11-20-34, then 1 Year CMT + 1.200%), 11/20/2035 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;515566 |
|  |  | 87215717 |
| **Health care – 2.7%** |  |  |
| Abbott Laboratories |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 11/30/2026 | &nbsp;&nbsp;283000 | &nbsp;&nbsp;&nbsp;&nbsp;282862 |
| &nbsp;&nbsp;&nbsp;4.750%, 11/30/2036 | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;333023 |
| AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.200%, 11/21/2029 | 1030000 | &nbsp;&nbsp;&nbsp;&nbsp;993692 |
| &nbsp;&nbsp;&nbsp;4.400%, 11/06/2042 | &nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;622283 |
| &nbsp;&nbsp;&nbsp;4.950%, 03/15/2031 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206725 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/15/2034 | &nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;282982 |
| Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.400%, 05/01/2045 | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;225765 |
| &nbsp;&nbsp;&nbsp;4.663%, 06/15/2051 | &nbsp;&nbsp;494000 | &nbsp;&nbsp;&nbsp;&nbsp;431533 |
| &nbsp;&nbsp;&nbsp;5.250%, 03/02/2033 | 1210000 | &nbsp;&nbsp;&nbsp;1253367 |
| Astrazeneca Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.900%, 03/03/2030 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;257521 |
| &nbsp;&nbsp;&nbsp;5.000%, 02/26/2034 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;257824 |
| Baxter International, Inc.<br> 3.950%, 04/01/2030 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;519551 |
| Becton, Dickinson and Company |  |  |
| &nbsp;&nbsp;&nbsp;3.700%, 06/06/2027 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99325 |
| &nbsp;&nbsp;&nbsp;4.685%, 12/15/2044 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;376135 |
| Biogen, Inc.<br> 3.250%, 02/15/2051 | &nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp;387158 |
| Boston Scientific Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.650%, 06/01/2030 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;491098 |
| &nbsp;&nbsp;&nbsp;4.000%, 03/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50126 |
| Bristol-Myers Squibb Company |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 08/01/2042 | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;420468 |
| &nbsp;&nbsp;&nbsp;4.550%, 02/20/2048 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;262326 |
| &nbsp;&nbsp;&nbsp;5.200%, 02/22/2034 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;435523 |
| Cardinal Health, Inc.<br> 5.125%, 02/15/2029 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;540041 |
| Centene Corp.<br> 4.250%, 12/15/2027 | &nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;525379 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.300%, 03/25/2028 | &nbsp;&nbsp;719000 | &nbsp;&nbsp;&nbsp;&nbsp;719474 |
| &nbsp;&nbsp;&nbsp;5.050%, 03/25/2048 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;462664 |
| DH Europe Finance II Sarl<br> 3.250%, 11/15/2039 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;245796 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care (continued)** |  |  |
| Dignity Health<br> 4.500%, 11/01/2042 | $&nbsp;&nbsp;300000 | $262646 |
| Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.101%, 03/01/2028 | &nbsp;&nbsp;370000 | 369800 |
| &nbsp;&nbsp;&nbsp;4.600%, 09/15/2032 | &nbsp;&nbsp;250000 | 248481 |
| &nbsp;&nbsp;&nbsp;4.650%, 08/15/2044 | &nbsp;&nbsp;150000 | 133042 |
| &nbsp;&nbsp;&nbsp;6.100%, 10/15/2052 | &nbsp;&nbsp;353000 | 367144 |
| Eli Lilly & Company |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 05/15/2050 | &nbsp;&nbsp;530000 | 308620 |
| &nbsp;&nbsp;&nbsp;4.750%, 02/12/2030 | &nbsp;&nbsp;275000 | 282078 |
| &nbsp;&nbsp;&nbsp;5.100%, 02/12/2035 | &nbsp;&nbsp;200000 | 206894 |
| &nbsp;&nbsp;&nbsp;5.500%, 02/12/2055 | &nbsp;&nbsp;250000 | 255357 |
| Evernorth Health, Inc.<br> 6.125%, 11/15/2041 | &nbsp;&nbsp;330000 | 310831 |
| GE HealthCare Technologies, Inc.<br> 5.857%, 03/15/2030 | &nbsp;&nbsp;250000 | 264875 |
| Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 02/01/2045 | &nbsp;&nbsp;250000 | 224017 |
| &nbsp;&nbsp;&nbsp;5.100%, 06/15/2035 | &nbsp;&nbsp;375000 | 385277 |
| GlaxoSmithKline Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 05/15/2028 | &nbsp;&nbsp;225000 | 224688 |
| &nbsp;&nbsp;&nbsp;6.375%, 05/15/2038 | &nbsp;&nbsp;230000 | 258581 |
| HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.500%, 09/01/2030 | &nbsp;&nbsp;275000 | 262670 |
| &nbsp;&nbsp;&nbsp;4.500%, 02/15/2027 | &nbsp;&nbsp;225000 | 225412 |
| &nbsp;&nbsp;&nbsp;5.500%, 06/15/2047 | &nbsp;&nbsp;420000 | 400663 |
| &nbsp;&nbsp;&nbsp;5.600%, 04/01/2034 | &nbsp;&nbsp;530000 | 550185 |
| Humana, Inc.<br> 3.950%, 03/15/2027 | &nbsp;&nbsp;370000 | 368785 |
| Johnson & Johnson |  |  |
| &nbsp;&nbsp;&nbsp;2.100%, 09/01/2040 | &nbsp;&nbsp;500000 | 352482 |
| &nbsp;&nbsp;&nbsp;5.850%, 07/15/2038 | &nbsp;&nbsp;315000 | 348531 |
| Laboratory Corp. of America Holdings<br> 2.950%, 12/01/2029 | &nbsp;&nbsp;530000 | 502502 |
| McKesson Corp.<br> 4.950%, 05/30/2032 | &nbsp;&nbsp;220000 | 225277 |
| Medtronic, Inc.<br> 4.375%, 03/15/2035 | &nbsp;&nbsp;530000 | 520158 |
| Merck & Company, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.150%, 12/10/2031 | &nbsp;&nbsp;350000 | 309200 |
| &nbsp;&nbsp;&nbsp;5.000%, 05/17/2053 | &nbsp;&nbsp;250000 | 234916 |
| Merck Sharp & Dohme Corp.<br> 6.400%, 03/01/2028 | &nbsp;&nbsp;540000 | 570219 |
| Pfizer Investment Enterprises Pte, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.650%, 05/19/2030 | &nbsp;&nbsp;400000 | 407501 |
| &nbsp;&nbsp;&nbsp;4.750%, 05/19/2033 | &nbsp;&nbsp;350000 | 353588 |
| &nbsp;&nbsp;&nbsp;5.300%, 05/19/2053 | 1000000 | 966387 |
| Pfizer, Inc.<br> 4.400%, 05/15/2044 | &nbsp;&nbsp;304000 | 271009 |
| Quest Diagnostics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.200%, 06/30/2029 | &nbsp;&nbsp;320000 | 320294 |
| &nbsp;&nbsp;&nbsp;4.700%, 03/30/2045 | &nbsp;&nbsp;320000 | 291947 |
| Regeneron Pharmaceuticals, Inc.<br> 2.800%, 09/15/2050 (B) | 1050000 | 652950 |
| Royalty Pharma PLC<br> 5.200%, 09/25/2035 | &nbsp;&nbsp;200000 | 199830 |
| Solventum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.450%, 03/13/2031 | &nbsp;&nbsp;300000 | 312841 |
| &nbsp;&nbsp;&nbsp;5.600%, 03/23/2034 | &nbsp;&nbsp;100000 | 104113 |
| Stryker Corp.<br> 4.625%, 03/15/2046 | &nbsp;&nbsp;370000 | 334664 |
| Takeda Pharmaceutical Company, Ltd.<br> 5.300%, 07/05/2034 | &nbsp;&nbsp;525000 | 540639 |
| Takeda US Financing, Inc.<br> 5.900%, 07/07/2055 | &nbsp;&nbsp;300000 | 309051 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Health care (continued)** |  |  |
| The Cigna Group<br> 4.375%, 10/15/2028 | $&nbsp;&nbsp;530000 | $&nbsp;&nbsp;&nbsp;&nbsp;532788 |
| Thermo Fisher Scientific, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 10/15/2031 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;353435 |
| &nbsp;&nbsp;&nbsp;5.404%, 08/10/2043 | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;227477 |
| UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 05/15/2031 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;475111 |
| &nbsp;&nbsp;&nbsp;2.900%, 05/15/2050 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;257865 |
| &nbsp;&nbsp;&nbsp;4.375%, 03/15/2042 | &nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53325 |
| &nbsp;&nbsp;&nbsp;4.450%, 12/15/2048 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;254445 |
| &nbsp;&nbsp;&nbsp;5.350%, 02/15/2033 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;731634 |
| &nbsp;&nbsp;&nbsp;5.800%, 03/15/2036 | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;374877 |
| &nbsp;&nbsp;&nbsp;5.950%, 06/15/2055 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;260649 |
| Zimmer Biomet Holdings, Inc.<br> 5.050%, 02/19/2030 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;411326 |
| Zoetis, Inc.<br> 2.000%, 05/15/2030 | &nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;300079 |
|  |  | 28953797 |
| **Industrials – 2.1%** |  |  |
| AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;3.300%, 01/30/2032 | &nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;506491 |
| &nbsp;&nbsp;&nbsp;3.850%, 10/29/2041 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;205427 |
| &nbsp;&nbsp;&nbsp;4.625%, 09/10/2029 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;252191 |
| &nbsp;&nbsp;&nbsp;5.750%, 06/06/2028 | 1000000 | &nbsp;&nbsp;&nbsp;1036091 |
| Air Lease Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.125%, 12/01/2030 | &nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;596308 |
| &nbsp;&nbsp;&nbsp;3.625%, 12/01/2027 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;393893 |
| American Airlines 2016-2 Class AA Pass Through Trust<br> 3.200%, 06/15/2028 | &nbsp;&nbsp;200310 | &nbsp;&nbsp;&nbsp;&nbsp;193940 |
| Automatic Data Processing, Inc.<br> 4.450%, 09/09/2034 | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;542433 |
| Burlington Northern Santa Fe LLC<br> 4.400%, 03/15/2042 | &nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;334269 |
| Canadian Pacific Railway Company<br> 2.875%, 11/15/2029 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;474776 |
| Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.493%, 02/15/2027 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;210433 |
| &nbsp;&nbsp;&nbsp;3.577%, 04/05/2050 | &nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;126782 |
| Caterpillar, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.600%, 04/09/2030 | &nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;525708 |
| &nbsp;&nbsp;&nbsp;3.250%, 04/09/2050 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;306045 |
| CNH Industrial Capital LLC<br> 4.550%, 04/10/2028 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;529041 |
| CSX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.800%, 04/15/2050 | 1035000 | &nbsp;&nbsp;&nbsp;&nbsp;801942 |
| &nbsp;&nbsp;&nbsp;4.250%, 03/15/2029 | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;431638 |
| Deere & Company<br> 3.100%, 04/15/2030 | &nbsp;&nbsp;540000 | &nbsp;&nbsp;&nbsp;&nbsp;517630 |
| Eaton Capital ULC<br> 4.450%, 05/09/2030 | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;343525 |
| Equifax, Inc.<br> 3.100%, 05/15/2030 | &nbsp;&nbsp;855000 | &nbsp;&nbsp;&nbsp;&nbsp;809060 |
| General Dynamics Corp.<br> 3.625%, 04/01/2030 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;515106 |
| General Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 03/11/2044 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;182924 |
| &nbsp;&nbsp;&nbsp;6.750%, 03/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;66000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75085 |
| &nbsp;&nbsp;&nbsp;6.875%, 01/10/2039 | &nbsp;&nbsp;198000 | &nbsp;&nbsp;&nbsp;&nbsp;234662 |
| Honeywell International, Inc.<br> 1.950%, 06/01/2030 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;475613 |
| Ingersoll Rand, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.400%, 08/14/2028 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;206879 |
| &nbsp;&nbsp;&nbsp;5.700%, 08/14/2033 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;233711 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials (continued)** |  |  |
| John Deere Capital Corp.<br> 4.500%, 01/08/2027 | $300000 | $&nbsp;&nbsp;&nbsp;&nbsp;302365 |
| Johnson Controls, Inc.<br> 5.700%, 03/01/2041 | 150000 | &nbsp;&nbsp;&nbsp;&nbsp;152236 |
| L3Harris Technologies, Inc.<br> 2.900%, 12/15/2029 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;284553 |
| Lockheed Martin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.800%, 03/01/2045 | 425000 | &nbsp;&nbsp;&nbsp;&nbsp;347086 |
| &nbsp;&nbsp;&nbsp;5.250%, 01/15/2033 | 505000 | &nbsp;&nbsp;&nbsp;&nbsp;531060 |
| Norfolk Southern Corp.<br> 4.837%, 10/01/2041 | 260000 | &nbsp;&nbsp;&nbsp;&nbsp;247538 |
| Northrop Grumman Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.250%, 01/15/2028 | 125000 | &nbsp;&nbsp;&nbsp;&nbsp;122931 |
| &nbsp;&nbsp;&nbsp;4.400%, 05/01/2030 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;201656 |
| Regal Rexnord Corp.<br> 6.050%, 04/15/2028 | 310000 | &nbsp;&nbsp;&nbsp;&nbsp;320674 |
| Republic Services, Inc.<br> 2.375%, 03/15/2033 (B) | 415000 | &nbsp;&nbsp;&nbsp;&nbsp;361960 |
| RTX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/16/2048 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;464005 |
| &nbsp;&nbsp;&nbsp;6.000%, 03/15/2031 | 500000 | &nbsp;&nbsp;&nbsp;&nbsp;539691 |
| &nbsp;&nbsp;&nbsp;6.125%, 07/15/2038 | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;246337 |
| Southwest Airlines Company<br> 5.125%, 06/15/2027 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;526287 |
| Stanley Black & Decker, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 11/15/2050 | 330000 | &nbsp;&nbsp;&nbsp;&nbsp;195811 |
| &nbsp;&nbsp;&nbsp;4.250%, 11/15/2028 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp;100137 |
| The Boeing Company |  |  |
| &nbsp;&nbsp;&nbsp;2.950%, 02/01/2030 | 440000 | &nbsp;&nbsp;&nbsp;&nbsp;414256 |
| &nbsp;&nbsp;&nbsp;3.750%, 02/01/2050 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;295528 |
| &nbsp;&nbsp;&nbsp;5.040%, 05/01/2027 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;202143 |
| &nbsp;&nbsp;&nbsp;5.805%, 05/01/2050 | 645000 | &nbsp;&nbsp;&nbsp;&nbsp;644396 |
| &nbsp;&nbsp;&nbsp;8.750%, 09/15/2031 | &nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;107509 |
| TR Finance LLC<br> 4.500%, 05/23/2043 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;209483 |
| Trane Technologies Holdco, Inc.<br> 4.300%, 02/21/2048 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;507375 |
| Uber Technologies, Inc.<br> 4.300%, 01/15/2030 | 535000 | &nbsp;&nbsp;&nbsp;&nbsp;536548 |
| Union Pacific Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.799%, 10/01/2051 | 343000 | &nbsp;&nbsp;&nbsp;&nbsp;264644 |
| &nbsp;&nbsp;&nbsp;3.799%, 04/06/2071 | 800000 | &nbsp;&nbsp;&nbsp;&nbsp;563185 |
| &nbsp;&nbsp;&nbsp;4.500%, 01/20/2033 | 530000 | &nbsp;&nbsp;&nbsp;&nbsp;532999 |
| United Airlines 2016-2 Class AA Pass Through Trust<br> 2.875%, 10/07/2028 | 187087 | &nbsp;&nbsp;&nbsp;&nbsp;178197 |
| United Parcel Service, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.400%, 03/15/2029 | 435000 | &nbsp;&nbsp;&nbsp;&nbsp;427258 |
| &nbsp;&nbsp;&nbsp;5.950%, 05/14/2055 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;208868 |
| Verisk Analytics, Inc.<br> 4.125%, 03/15/2029 | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;598582 |
| Waste Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 11/15/2050 | 320000 | &nbsp;&nbsp;&nbsp;&nbsp;194367 |
| &nbsp;&nbsp;&nbsp;4.950%, 07/03/2031 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;206778 |
| &nbsp;&nbsp;&nbsp;4.950%, 03/15/2035 | 275000 | &nbsp;&nbsp;&nbsp;&nbsp;279121 |
|  |  | 22377167 |
| **Information technology – 1.6%** |  |  |
| Analog Devices, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.100%, 10/01/2031 | 220000 | &nbsp;&nbsp;&nbsp;&nbsp;194510 |
| &nbsp;&nbsp;&nbsp;5.300%, 04/01/2054 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;196671 |
| Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.650%, 05/11/2030 | 975000 | &nbsp;&nbsp;&nbsp;&nbsp;881173 |
| &nbsp;&nbsp;&nbsp;4.000%, 05/10/2028 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;251447 |
| &nbsp;&nbsp;&nbsp;4.100%, 08/08/2062 | 735000 | &nbsp;&nbsp;&nbsp;&nbsp;594433 |
| &nbsp;&nbsp;&nbsp;4.650%, 02/23/2046 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;303914 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Information technology (continued)** |  |  |
| Apple, Inc. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.850%, 05/10/2053 (B) | $&nbsp;&nbsp;300000 | $&nbsp;&nbsp;&nbsp;&nbsp;291732 |
| Applied Materials, Inc.<br> 5.100%, 10/01/2035 | &nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;513497 |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.600%, 02/15/2033 (C) | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;702295 |
| &nbsp;&nbsp;&nbsp;3.137%, 11/15/2035 (C) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;519099 |
| &nbsp;&nbsp;&nbsp;4.300%, 11/15/2032 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;690959 |
| &nbsp;&nbsp;&nbsp;4.800%, 10/15/2034 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;402798 |
| CDW LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.100%, 03/01/2030 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;203547 |
| &nbsp;&nbsp;&nbsp;5.550%, 08/22/2034 | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;102536 |
| Cisco Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 02/24/2032 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;258485 |
| &nbsp;&nbsp;&nbsp;5.900%, 02/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86898 |
| Corning, Inc.<br> 4.750%, 03/15/2042 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;185075 |
| Dell International LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.750%, 04/01/2028 | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;248592 |
| &nbsp;&nbsp;&nbsp;5.400%, 04/15/2034 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;619510 |
| Eaton Corp.<br> 3.103%, 09/15/2027 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;493459 |
| Hewlett Packard Enterprise Company<br> 6.200%, 10/15/2035 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;459653 |
| HP, Inc.<br> 6.000%, 09/15/2041 | &nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;542729 |
| IBM Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.000%, 06/20/2042 | &nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;178487 |
| &nbsp;&nbsp;&nbsp;5.600%, 11/30/2039 | &nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21963 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.000%, 08/12/2031 | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;476731 |
| &nbsp;&nbsp;&nbsp;5.200%, 02/10/2033 (B) | 1030000 | &nbsp;&nbsp;&nbsp;1053036 |
| Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.800%, 01/15/2035 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;420815 |
| &nbsp;&nbsp;&nbsp;6.750%, 11/01/2029 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;239151 |
| Microsoft Corp.<br> 2.525%, 06/01/2050 | 1538000 | &nbsp;&nbsp;&nbsp;&nbsp;973665 |
| Motorola Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.600%, 05/23/2029 | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;176882 |
| &nbsp;&nbsp;&nbsp;5.400%, 04/15/2034 | &nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;181396 |
| NVIDIA Corp.<br> 2.000%, 06/15/2031 | &nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;381902 |
| NXP BV<br> 3.400%, 05/01/2030 | &nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;498599 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 03/25/2031 | &nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;399433 |
| &nbsp;&nbsp;&nbsp;3.250%, 11/15/2027 | &nbsp;&nbsp;610000 | &nbsp;&nbsp;&nbsp;&nbsp;599381 |
| &nbsp;&nbsp;&nbsp;4.000%, 11/15/2047 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;309998 |
| &nbsp;&nbsp;&nbsp;4.125%, 05/15/2045 | &nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;437946 |
| &nbsp;&nbsp;&nbsp;4.700%, 09/27/2034 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;195316 |
| &nbsp;&nbsp;&nbsp;5.550%, 02/06/2053 | &nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;298061 |
| Qualcomm, Inc.<br> 1.650%, 05/20/2032 | &nbsp;&nbsp;626000 | &nbsp;&nbsp;&nbsp;&nbsp;529587 |
| Roper Technologies, Inc.<br> 4.200%, 09/15/2028 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;501110 |
| Salesforce, Inc.<br> 2.700%, 07/15/2041 | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;327279 |
| Texas Instruments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 03/15/2039 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;209749 |
| &nbsp;&nbsp;&nbsp;4.500%, 05/23/2030 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;203386 |
| VMware LLC<br> 1.800%, 08/15/2028 | &nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;408139 |
|  |  | 17765024 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Materials – 0.6%** |  |  |
| Air Products and Chemicals, Inc.<br> 1.850%, 05/15/2027 | $530000 | $&nbsp;&nbsp;&nbsp;&nbsp;513097 |
| Avery Dennison Corp.<br> 2.650%, 04/30/2030 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;370717 |
| DuPont de Nemours, Inc.<br> 5.319%, 11/15/2038 | 262000 | &nbsp;&nbsp;&nbsp;&nbsp;268423 |
| Eastman Chemical Company<br> 4.650%, 10/15/2044 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;444050 |
| Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 08/01/2028 | 225000 | &nbsp;&nbsp;&nbsp;&nbsp;223791 |
| &nbsp;&nbsp;&nbsp;5.400%, 11/14/2034 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;204980 |
| &nbsp;&nbsp;&nbsp;5.450%, 03/15/2043 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;313034 |
| International Paper Company<br> 5.000%, 09/15/2035 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;525963 |
| Kinross Gold Corp.<br> 6.875%, 09/01/2041 (B) | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;221637 |
| LYB International Finance II BV<br> 3.500%, 03/02/2027 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;395241 |
| Martin Marietta Materials, Inc.<br> 2.400%, 07/15/2031 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;268628 |
| Newmont Corp.<br> 5.350%, 03/15/2034 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;260759 |
| Nucor Corp.<br> 2.700%, 06/01/2030 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;280320 |
| Rio Tinto Alcan, Inc.<br> 6.125%, 12/15/2033 | 115000 | &nbsp;&nbsp;&nbsp;&nbsp;126243 |
| Rio Tinto Finance USA PLC<br> 4.750%, 03/22/2042 | 285000 | &nbsp;&nbsp;&nbsp;&nbsp;266551 |
| Rio Tinto Finance USA, Ltd.<br> 5.200%, 11/02/2040 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;250382 |
| The Dow Chemical Company |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 11/15/2042 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;342323 |
| &nbsp;&nbsp;&nbsp;9.400%, 05/15/2039 | 130000 | &nbsp;&nbsp;&nbsp;&nbsp;169637 |
| The Sherwin-Williams Company<br> 3.450%, 06/01/2027 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;321913 |
| Vulcan Materials Company<br> 3.500%, 06/01/2030 | 330000 | &nbsp;&nbsp;&nbsp;&nbsp;318779 |
| WRKCo, Inc.<br> 4.900%, 03/15/2029 | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;270029 |
|  |  | 6356497 |
| **Real estate – 0.9%** |  |  |
| Alexandria Real Estate Equities, Inc.<br> 1.875%, 02/01/2033 | 415000 | &nbsp;&nbsp;&nbsp;&nbsp;340898 |
| American Homes 4 Rent LP |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 04/15/2032 | 350000 | &nbsp;&nbsp;&nbsp;&nbsp;327530 |
| &nbsp;&nbsp;&nbsp;4.950%, 06/15/2030 | 190000 | &nbsp;&nbsp;&nbsp;&nbsp;193462 |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.800%, 08/15/2029 | 525000 | &nbsp;&nbsp;&nbsp;&nbsp;515031 |
| &nbsp;&nbsp;&nbsp;4.050%, 03/15/2032 | 345000 | &nbsp;&nbsp;&nbsp;&nbsp;334296 |
| AvalonBay Communities, Inc.<br> 2.050%, 01/15/2032 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;367108 |
| Boston Properties LP<br> 2.550%, 04/01/2032 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;449523 |
| Brixmor Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 05/15/2029 | 500000 | &nbsp;&nbsp;&nbsp;&nbsp;495678 |
| &nbsp;&nbsp;&nbsp;5.200%, 04/01/2032 | 290000 | &nbsp;&nbsp;&nbsp;&nbsp;297529 |
| Crown Castle, Inc.<br> 2.500%, 07/15/2031 | 645000 | &nbsp;&nbsp;&nbsp;&nbsp;574218 |
| Digital Realty Trust LP<br> 4.450%, 07/15/2028 | 210000 | &nbsp;&nbsp;&nbsp;&nbsp;211582 |
| Equinix, Inc.<br> 2.150%, 07/15/2030 | 400000 | &nbsp;&nbsp;&nbsp;&nbsp;360929 |
| Essex Portfolio LP<br> 3.000%, 01/15/2030 | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;203683 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Real estate (continued)** |  |  |
| Extra Space Storage LP<br> 2.350%, 03/15/2032 | $525000 | $&nbsp;&nbsp;&nbsp;&nbsp;455636 |
| GLP Capital LP<br> 5.300%, 01/15/2029 | 630000 | &nbsp;&nbsp;&nbsp;&nbsp;641521 |
| Healthpeak OP LLC<br> 3.500%, 07/15/2029 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;407121 |
| Kimco Realty OP LLC<br> 2.250%, 12/01/2031 | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;233414 |
| Mid-America Apartments LP<br> 3.950%, 03/15/2029 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;416847 |
| Prologis LP |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 01/15/2034 | 290000 | &nbsp;&nbsp;&nbsp;&nbsp;297836 |
| &nbsp;&nbsp;&nbsp;5.250%, 06/15/2053 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;241706 |
| Public Storage Operating Company<br> 4.375%, 07/01/2030 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;251151 |
| Realty Income Corp.<br> 3.250%, 01/15/2031 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;189320 |
| Regency Centers LP<br> 5.000%, 07/15/2032 | 320000 | &nbsp;&nbsp;&nbsp;&nbsp;327370 |
| Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 06/15/2027 | 530000 | &nbsp;&nbsp;&nbsp;&nbsp;524507 |
| &nbsp;&nbsp;&nbsp;5.125%, 10/01/2035 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;252912 |
| Ventas Realty LP<br> 2.500%, 09/01/2031 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;178450 |
| VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 05/15/2032 | 200000 | &nbsp;&nbsp;&nbsp;&nbsp;201969 |
| &nbsp;&nbsp;&nbsp;5.625%, 04/01/2035 | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;174065 |
| Welltower OP LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.750%, 01/15/2031 | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;300466 |
| &nbsp;&nbsp;&nbsp;5.125%, 07/01/2035 | 250000 | &nbsp;&nbsp;&nbsp;&nbsp;254620 |
|  |  | 10020378 |
| **Utilities – 2.2%** |  |  |
| AEP Transmission Company LLC<br> 3.750%, 12/01/2047 | 420000 | &nbsp;&nbsp;&nbsp;&nbsp;326006 |
| Ameren Corp.<br> 3.500%, 01/15/2031 | 860000 | &nbsp;&nbsp;&nbsp;&nbsp;820907 |
| American Electric Power Company, Inc.<br> 5.625%, 03/01/2033 | 170000 | &nbsp;&nbsp;&nbsp;&nbsp;178703 |
| American Water Capital Corp.<br> 4.300%, 09/01/2045 | 365000 | &nbsp;&nbsp;&nbsp;&nbsp;316819 |
| Arizona Public Service Company<br> 3.350%, 05/15/2050 | 520000 | &nbsp;&nbsp;&nbsp;&nbsp;365944 |
| Baltimore Gas & Electric Company<br> 4.550%, 06/01/2052 | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;606628 |
| Berkshire Hathaway Energy Company |  |  |
| &nbsp;&nbsp;&nbsp;4.500%, 02/01/2045 | 680000 | &nbsp;&nbsp;&nbsp;&nbsp;602054 |
| &nbsp;&nbsp;&nbsp;6.125%, 04/01/2036 | 456000 | &nbsp;&nbsp;&nbsp;&nbsp;496176 |
| CenterPoint Energy Houston Electric LLC<br> 4.250%, 02/01/2049 | 375000 | &nbsp;&nbsp;&nbsp;&nbsp;314304 |
| CenterPoint Energy, Inc.<br> 2.950%, 03/01/2030 | 385000 | &nbsp;&nbsp;&nbsp;&nbsp;362997 |
| Consolidated Edison Company of New<br> York, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.950%, 04/01/2050 | 730000 | &nbsp;&nbsp;&nbsp;&nbsp;581184 |
| &nbsp;&nbsp;&nbsp;5.500%, 03/15/2034 | 270000 | &nbsp;&nbsp;&nbsp;&nbsp;284061 |
| Constellation Energy Generation LLC |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 01/15/2034 | 185000 | &nbsp;&nbsp;&nbsp;&nbsp;201321 |
| &nbsp;&nbsp;&nbsp;6.250%, 10/01/2039 | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;173804 |
| Dominion Energy South Carolina, Inc.<br> 4.600%, 06/15/2043 | 395000 | &nbsp;&nbsp;&nbsp;&nbsp;358412 |
| Dominion Energy, Inc.<br> 3.375%, 04/01/2030 | 530000 | &nbsp;&nbsp;&nbsp;&nbsp;509073 |
| DTE Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;3.750%, 08/15/2047 | 300000 | &nbsp;&nbsp;&nbsp;&nbsp;233337 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| DTE Electric Company (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.200%, 04/01/2033 | $250000 | $259637 |
| Duke Energy Carolinas LLC<br> 6.000%, 01/15/2038 | 300000 | 324563 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.450%, 06/01/2030 | 725000 | 667244 |
| &nbsp;&nbsp;&nbsp;4.800%, 12/15/2045 | 500000 | 445642 |
| &nbsp;&nbsp;&nbsp;5.000%, 08/15/2052 | 630000 | 567161 |
| &nbsp;&nbsp;&nbsp;5.750%, 09/15/2033 | 500000 | 531081 |
| Duke Energy Progress Nc Storm Funding II LLC<br> 4.890%, 01/01/2046 | 500000 | 500110 |
| Entergy Texas, Inc.<br> 1.750%, 03/15/2031 | 730000 | 637971 |
| Essential Utilities, Inc.<br> 4.276%, 05/01/2049 | 415000 | 333669 |
| Eversource Energy<br> 4.250%, 04/01/2029 | 330000 | 329028 |
| Exelon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 06/15/2035 | 225000 | 222317 |
| &nbsp;&nbsp;&nbsp;5.100%, 06/15/2045 | 350000 | 326197 |
| &nbsp;&nbsp;&nbsp;5.125%, 03/15/2031 | 200000 | 206208 |
| FirstEnergy Corp.<br> 2.650%, 03/01/2030 | 375000 | 347923 |
| Florida Power & Light Company<br> 5.650%, 02/01/2037 | 315000 | 334514 |
| Georgia Power Company |  |  |
| &nbsp;&nbsp;&nbsp;4.950%, 05/17/2033 | 330000 | 336631 |
| &nbsp;&nbsp;&nbsp;5.950%, 02/01/2039 | 335000 | 351695 |
| Indiana Michigan Power Company |  |  |
| &nbsp;&nbsp;&nbsp;3.850%, 05/15/2028 | 400000 | 397691 |
| &nbsp;&nbsp;&nbsp;6.050%, 03/15/2037 | 207000 | 224529 |
| NextEra Energy Capital Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 06/01/2030 | 730000 | 666506 |
| &nbsp;&nbsp;&nbsp;5.250%, 02/28/2053 | 725000 | 683679 |
| &nbsp;&nbsp;&nbsp;5.550%, 03/15/2054 | 220000 | 215322 |
| NiSource, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.950%, 03/30/2048 | 300000 | 238498 |
| &nbsp;&nbsp;&nbsp;5.400%, 06/30/2033 | 950000 | 984851 |
| Oncor Electric Delivery Company LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.550%, 09/15/2032 | 115000 | 114823 |
| &nbsp;&nbsp;&nbsp;7.500%, 09/01/2038 | 188000 | 229628 |
| Pacific Gas & Electric Company |  |  |
| &nbsp;&nbsp;&nbsp;2.500%, 02/01/2031 | 400000 | 356361 |
| &nbsp;&nbsp;&nbsp;3.750%, 07/01/2028 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;29463 |
| &nbsp;&nbsp;&nbsp;4.550%, 07/01/2030 | 257000 | 255215 |
| &nbsp;&nbsp;&nbsp;4.950%, 07/01/2050 | 757000 | 649723 |
| &nbsp;&nbsp;&nbsp;5.800%, 05/15/2034 | 355000 | 367838 |
| PacifiCorp<br> 6.000%, 01/15/2039 | 335000 | 350127 |
| PPL Electric Utilities Corp.<br> 5.000%, 05/15/2033 | 265000 | 272722 |
| Public Service Company of Colorado<br> 3.600%, 09/15/2042 | 520000 | 409945 |
| Public Service Electric & Gas Company<br> 3.100%, 03/15/2032 | 300000 | 277556 |
| San Diego Gas & Electric Company<br> 6.125%, 09/15/2037 | 202000 | 215684 |
| Sempra<br> 3.400%, 02/01/2028 | 200000 | 196210 |
| Southern California Edison Company |  |  |
| &nbsp;&nbsp;&nbsp;2.250%, 06/01/2030 | 755000 | 676902 |
| &nbsp;&nbsp;&nbsp;5.350%, 07/15/2035 | 130000 | 130221 |
| Southern California Gas Company<br> 6.350%, 11/15/2052 | 430000 | 469260 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Utilities (continued)** |  |  |
| The Connecticut Light & Power Company<br> 4.300%, 04/15/2044 | &nbsp;&nbsp;255000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221527 |
| The Southern Company |  |  |
| &nbsp;&nbsp;&nbsp;3.700%, 04/30/2030 | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302159 |
| &nbsp;&nbsp;&nbsp;4.400%, 07/01/2046 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357966 |
| &nbsp;&nbsp;&nbsp;5.700%, 03/15/2034 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316846 |
| Virginia Electric & Power Company |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 05/15/2052 | &nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233285 |
| &nbsp;&nbsp;&nbsp;8.875%, 11/15/2038 | &nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255890 |
| Wisconsin Electric Power Company<br> 4.750%, 09/30/2032 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225464 |
| Xcel Energy, Inc.<br> 4.600%, 06/01/2032 | &nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625046 |
|  |  | &nbsp;&nbsp;&nbsp;24404258 |
| TOTAL CORPORATE BONDS (Cost $275,247,718) |  | $267927796 |
| **MUNICIPAL BONDS – 0.3%** |  |  |
| Bay Area Toll Authority (California)<br> 6.907%, 10/01/2050 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57031 |
| Illinois State Toll Highway Authority<br> 6.184%, 01/01/2034 | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160610 |
| Metropolitan Washington Airports Authority<br> 7.462%, 10/01/2046 | &nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48234 |
| New Jersey Turnpike Authority<br> 7.102%, 01/01/2041 | &nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104263 |
| New York City Transitional Finance Authority<br> 5.588%, 05/01/2038 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523235 |
| New York State Dormitory Authority<br> 5.628%, 03/15/2039 | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352939 |
| New York State Urban Development Corp.<br> 5.770%, 03/15/2039 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243024 |
| Oklahoma Development Finance Authority<br> 4.380%, 11/01/2045 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476526 |
| State of California, GO<br> 7.300%, 10/01/2039 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467970 |
| State of California, GO<br> 7.500%, 04/01/2034 | &nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93866 |
| State of Illinois, GO<br> 5.100%, 06/01/2033 | &nbsp;&nbsp;100343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102077 |
| State of Illinois, GO<br> 7.350%, 07/01/2035 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218051 |
| State of Texas, GO<br> 5.517%, 04/01/2039 | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270169 |
| Texas Transportation Commission State Highway Fund<br> 5.178%, 04/01/2030 | &nbsp;&nbsp;310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316350 |
| TOTAL MUNICIPAL BONDS (Cost $3,328,730) | TOTAL MUNICIPAL BONDS (Cost $3,328,730) | $&nbsp;&nbsp;&nbsp;&nbsp;3434345 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 1.4%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 1.4%** |  |
| **Commercial and residential – 1.3%** |  |  |
| BANK |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-BNK6, Class A4,<br> 3.254%, 07/15/2060 | 1837519 | &nbsp;&nbsp;&nbsp;&nbsp;1809140 |
| &nbsp;&nbsp;&nbsp;Series 2022-BNK39, Class A4,<br> 2.928%, 02/15/2055 (D) | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1814909 |
| BBCMS Mortgage Trust<br> Series 2024-5C29, Class AS<br> 5.627%, 09/15/2057 | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1535587 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Bond Market Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| BMO Mortgage Trust<br> Series 2022-C1, Class A5<br> 3.374%, 02/15/2055 (D) | 2000000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1853885 |
| CD Mortgage Trust<br> Series 2017-CD3, Class A4<br> 3.631%, 02/10/2050 | 1090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1058074 |
| GS Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-GS4, Class A3,<br> 3.178%, 11/10/2049 | 1514326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1497571 |
| &nbsp;&nbsp;&nbsp;Series 2017-GS5, Class A3,<br> 3.409%, 03/10/2050 | 2742204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720174 |
| Morgan Stanley Capital Trust<br> Series 2021-L5, Class A4<br> 2.728%, 05/15/2054 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1811037 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14100377 |
| **U.S. Government Agency – 0.1%** |  |  |
| Federal Home Loan Mortgage Corp.<br> Series K755, Class A2<br> 5.203%, 02/25/2031 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629605 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $15,038,916) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $15,038,916) | $&nbsp;&nbsp;&nbsp;&nbsp;14729982 |
| **ASSET-BACKED SECURITIES – 0.4%** | **ASSET-BACKED SECURITIES – 0.4%** |  |
| Carmax Auto Owner Trust<br> Series 2022-4, Class A4<br> 5.700%, 07/17/2028 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014801 |
| Carvana Auto Receivables Trust<br> Series 2024-P2, Class A4<br> 5.210%, 06/10/2030 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019425 |
| CNH Equipment Trust<br> Series 2023-B, Class A4<br> 5.460%, 03/17/2031 | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616028 |
| SMB Private Education Loan Trust<br> Series 2021-E, Class A1A<br> 1.680%, 02/15/2051 (C) | &nbsp;&nbsp;682573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646089 |
| Toyota Auto Receivables Owner Trust<br> Series 2023-B, Class A4<br> 4.660%, 09/15/2028 | 1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261389 |
| TOTAL ASSET-BACKED SECURITIES (Cost $4,590,522) |  | $&nbsp;&nbsp;&nbsp;&nbsp;4557732 |
| **SHORT-TERM INVESTMENTS – 1.3%** | **SHORT-TERM INVESTMENTS – 1.3%** |  |
| **Short-term funds – 1.3%** |  |  |
| John Hancock Collateral Trust, 4.0668% (E)(F) | 1418210 | &nbsp;&nbsp;&nbsp;&nbsp;14186916 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $14,186,889) | TOTAL SHORT-TERM INVESTMENTS (Cost $14,186,889) | $&nbsp;&nbsp;&nbsp;&nbsp;14186916 |
| **Total Investments (Total Bond Market Trust)<br> (Cost $1,126,256,639) – 99.9%** | **Total Investments (Total Bond Market Trust)<br> (Cost $1,126,256,639) – 99.9%** | $**1081441776** |
| **Other assets and liabilities, net – 0.1%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**1004457** |
| **TOTAL NET ASSETS – 100.0%** |  | $**1082446233** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| GO | General Obligation |
| IBOR | Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (B) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $2,460,479. |

---

(C) 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.

(D) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The
interest rate shown is the current rate as of period end.

(E) The rate shown is the annualized seven-day yield as of 9-30-25.

(F) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for
securities lending. Market value of this investment amounted to $2,514,830.

#### Total Stock Market Index Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.3%** | **COMMON STOCKS – 98.3%** |  |
| **Communication services – 9.6%** |  |  |
| **Diversified telecommunication services – 0.6%** | **Diversified telecommunication services – 0.6%** |  |
| Anterix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8137 |
| AST SpaceMobile, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215118 |
| AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3285893 |
| Bandwidth, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8735 |
| Cogent Communications Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32367 |
| Frontier Communications Parent, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151193 |
| GCI Liberty, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 |
| GCI Liberty, Inc., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13976 |
| Globalstar, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75618 |
| IDT Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20453 |
| Iridium Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30712 |
| Liberty Global, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23722 |
| Liberty Global, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40408 |
| Liberty Latin America, Ltd., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5687 |
| Liberty Latin America, Ltd., Class C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23311 |
| Lumen Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102657 |
| Shenandoah Telecommunications Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14158 |
| Uniti Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24431 |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3013212 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7089788 |
| **Entertainment – 1.8%** | **Entertainment – 1.8%** |  |
| AMC Entertainment Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25056 |
| Atlanta Braves Holdings, Inc., Series A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8457 |
| Atlanta Braves Holdings, Inc., Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39219 |
| Cinemark Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52369 |
| CuriosityStream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5724 |
| Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821524 |
| IMAX Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29082 |
| Liberty Media Corp.-Liberty Formula One, Series A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46467 |
| Liberty Media Corp.-Liberty Formula One, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373618 |
| Liberty Media Corp.-Liberty Live, Series A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44038 |
| Liberty Media Corp.-Liberty Live, Series C (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98618 |
| Lionsgate Studios Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34279 |
| Live Nation Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615855 |
| Madison Square Garden Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31035 |
| Madison Square Garden Sports Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74002 |
| Mega Matrix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316 |
| Netflix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8291731 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Entertainment (continued)** | **Entertainment (continued)** |  |
| Playtika Holding Corp. | &nbsp;&nbsp;6729 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26176 |
| Reservoir Media, Inc. (A) | &nbsp;&nbsp;1061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8637 |
| ROBLOX Corp., Class A (A) | 10506 | &nbsp;&nbsp;&nbsp;1455291 |
| Roku, Inc. (A) | &nbsp;&nbsp;2118 | &nbsp;&nbsp;&nbsp;&nbsp;212075 |
| Sphere Entertainment Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30066 |
| Spotify Technology SA (A) | &nbsp;&nbsp;3350 | &nbsp;&nbsp;&nbsp;2338300 |
| Starz Entertainment Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5715 |
| Take-Two Interactive Software, Inc. (A) | &nbsp;&nbsp;3008 | &nbsp;&nbsp;&nbsp;&nbsp;777147 |
| The Marcus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8034 |
| The Walt Disney Company | 29264 | &nbsp;&nbsp;&nbsp;3350728 |
| TKO Group Holdings, Inc. | &nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;270222 |
| Vivid Seats, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2909 |
| Warner Brothers Discovery, Inc. (A) | 40340 | &nbsp;&nbsp;&nbsp;&nbsp;787840 |
| Warner Music Group Corp., Class A | &nbsp;&nbsp;2410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82085 |
|  |  | 19947615 |
| **Interactive media and services – 6.3%** | **Interactive media and services – 6.3%** |  |
| Alphabet, Inc., Class A | 94678 | 23016222 |
| Alphabet, Inc., Class C | 88404 | 21530794 |
| Angi, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13154 |
| Bumble, Inc., Class A (A) | &nbsp;&nbsp;1852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11279 |
| CarGurus, Inc. (A) | &nbsp;&nbsp;1394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51899 |
| Cars.com, Inc. (A) | &nbsp;&nbsp;1088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13295 |
| EverQuote, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12579 |
| FuboTV, Inc. (A) | &nbsp;&nbsp;5673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23543 |
| Getty Images Holdings, Inc. (A)(C) | &nbsp;&nbsp;7425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14702 |
| Grindr, Inc. (A) | &nbsp;&nbsp;3205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48139 |
| IAC, Inc. (A) | &nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43201 |
| Match Group, Inc. (A) | &nbsp;&nbsp;3912 | &nbsp;&nbsp;&nbsp;&nbsp;138172 |
| MediaAlpha, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11289 |
| Meta Platforms, Inc., Class A | 35306 | 25928020 |
| Nextdoor Holdings, Inc. (A) | &nbsp;&nbsp;5096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10651 |
| Pinterest, Inc., Class A (A) | &nbsp;&nbsp;9733 | &nbsp;&nbsp;&nbsp;&nbsp;313111 |
| PSQ Holdings, Inc. (A) | &nbsp;&nbsp;1224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2338 |
| QuinStreet, Inc. (A) | &nbsp;&nbsp;1004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15532 |
| Reddit, Inc., Class A (A) | &nbsp;&nbsp;2192 | &nbsp;&nbsp;&nbsp;&nbsp;504138 |
| Rumble, Inc. (A)(C) | &nbsp;&nbsp;3616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26180 |
| Shutterstock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13511 |
| Snap, Inc., Class A (A) | 23403 | &nbsp;&nbsp;&nbsp;&nbsp;180437 |
| Taboola.com, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 |
| TripAdvisor, Inc. (A) | &nbsp;&nbsp;1894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30796 |
| Trump Media & Technology Group Corp. (A) | &nbsp;&nbsp;4524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74284 |
| Vimeo, Inc. (A) | &nbsp;&nbsp;2740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21235 |
| Webtoon Entertainment, Inc. (A)(C) | &nbsp;&nbsp;2186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42430 |
| Yelp, Inc. (A) | &nbsp;&nbsp;1016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31699 |
| Ziff Davis, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26441 |
| ZipRecruiter, Inc., Class A (A) | &nbsp;&nbsp;1659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7001 |
| ZoomInfo Technologies, Inc. (A) | &nbsp;&nbsp;5201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56743 |
|  |  | 72215557 |
| **Media – 0.5%** | **Media – 0.5%** |  |
| Advantage Solutions, Inc. (A) | &nbsp;&nbsp;5215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7979 |
| Altice USA, Inc., Class A (A) | &nbsp;&nbsp;5166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12450 |
| AMC Networks, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5496 |
| Boston Omaha Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10909 |
| Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17705 |
| Cardlytics, Inc. (A) | &nbsp;&nbsp;1202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2921 |
| Charter Communications, Inc., Class A (A) | &nbsp;&nbsp;2224 | &nbsp;&nbsp;&nbsp;&nbsp;611834 |
| Clear Channel Outdoor Holdings, Inc. (A) | 10366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16378 |
| Comcast Corp., Class A | 59850 | &nbsp;&nbsp;&nbsp;1880487 |
| DoubleVerify Holdings, Inc. (A) | &nbsp;&nbsp;2761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33077 |
| EchoStar Corp., Class A (A) | &nbsp;&nbsp;2553 | &nbsp;&nbsp;&nbsp;&nbsp;194947 |
| Fox Corp., Class A | &nbsp;&nbsp;2863 | &nbsp;&nbsp;&nbsp;&nbsp;180541 |
| Fox Corp., Class B | &nbsp;&nbsp;4430 | &nbsp;&nbsp;&nbsp;&nbsp;253795 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Media (continued)** | **Media (continued)** |  |
| Gambling.com Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;764 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6250 |
| Gannett Company, Inc. (A) | &nbsp;&nbsp;2625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10841 |
| Gray Media, Inc. | &nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9271 |
| Ibotta, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12226 |
| Integral Ad Science Holding Corp. (A) | &nbsp;&nbsp;2916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29656 |
| John Wiley & Sons, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30231 |
| Liberty Broadband Corp., Series A (A) | &nbsp;&nbsp;&nbsp;&nbsp;443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28055 |
| Liberty Broadband Corp., Series C (A) | &nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121044 |
| Magnite, Inc. (A) | &nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50747 |
| MNTN, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13913 |
| National CineMedia, Inc. | &nbsp;&nbsp;1936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8731 |
| News Corp., Class A | &nbsp;&nbsp;5207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159907 |
| News Corp., Class B | &nbsp;&nbsp;3843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132776 |
| Newsmax, Inc. (A)(C) | &nbsp;&nbsp;1507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18687 |
| Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96497 |
| NIQ Global Intelligence PLC (A)(C) | &nbsp;&nbsp;4918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77213 |
| Omnicom Group, Inc. | &nbsp;&nbsp;3113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253803 |
| Paramount Skydance Corp., Class B (C) | 17384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328905 |
| PubMatic, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6624 |
| Scholastic Corp. | &nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12650 |
| Sinclair, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13424 |
| Sirius XM Holdings, Inc. | &nbsp;&nbsp;5484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127640 |
| Stagwell, Inc. (A) | &nbsp;&nbsp;4485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25251 |
| TechTarget, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4224 |
| TEGNA, Inc. | &nbsp;&nbsp;2619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53244 |
| The Interpublic Group of Companies, Inc. | &nbsp;&nbsp;5866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163720 |
| The New York Times Company, Class A | &nbsp;&nbsp;2625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150675 |
| The Trade Desk, Inc., Class A (A) | &nbsp;&nbsp;7264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356009 |
| Thryv Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10408 |
| WideOpenWest, Inc. (A) | &nbsp;&nbsp;1997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10305 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5551446 |
| **Wireless telecommunication services – 0.4%** | **Wireless telecommunication services – 0.4%** |  |
| Array Digital Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45059 |
| Gogo, Inc. (A) | &nbsp;&nbsp;2255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19370 |
| Millicom International Cellular SA | &nbsp;&nbsp;2757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133825 |
| Spok Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7538 |
| Telephone & Data Systems, Inc. | &nbsp;&nbsp;1767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69337 |
| T-Mobile US, Inc. | 18327 | &nbsp;&nbsp;&nbsp;&nbsp;4387117 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4662246 |
|  |  | 109466652 |
| **Consumer discretionary – 10.8%** |  |  |
| **Automobile components – 0.1%** | **Automobile components – 0.1%** |  |
| Adient PLC (A) | &nbsp;&nbsp;1390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33471 |
| American Axle & Manufacturing Holdings, Inc. (A) | &nbsp;&nbsp;2102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12633 |
| Aptiv PLC (A) | &nbsp;&nbsp;3545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305650 |
| Autoliv, Inc. | &nbsp;&nbsp;1255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154993 |
| BorgWarner, Inc. | &nbsp;&nbsp;3538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155530 |
| Cooper-Standard Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11559 |
| Dana, Inc. | &nbsp;&nbsp;2168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43447 |
| Dorman Products, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78719 |
| Fox Factory Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17902 |
| Gentex Corp. | &nbsp;&nbsp;3621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102474 |
| Gentherm, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19210 |
| LCI Industries | &nbsp;&nbsp;&nbsp;&nbsp;402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37446 |
| Lear Corp. | &nbsp;&nbsp;&nbsp;&nbsp;866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87128 |
| Luminar Technologies, Inc. (A) | &nbsp;&nbsp;1321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2523 |
| Mobileye Global, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706 |
| Modine Manufacturing Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121405 |
| Patrick Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57300 |
| PHINIA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37190 |
| QuantumScape Corp. (A) | &nbsp;&nbsp;8581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105718 |
| Solid Power, Inc. (A) | &nbsp;&nbsp;3137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10885 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Automobile components (continued)** | **Automobile components (continued)** |  |
| Standard Motor Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;419 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17104 |
| Strattec Security Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5377 |
| The Goodyear Tire & Rubber Company (A) | &nbsp;&nbsp;&nbsp;4695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35119 |
| Visteon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53577 |
| XPEL, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16337 |
|  |  | &nbsp;&nbsp;&nbsp;1523403 |
| **Automobiles – 2.3%** | **Automobiles – 2.3%** |  |
| Empery Digital, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6174 |
| Faraday Future Intelligent Electric, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3275 |
| Ford Motor Company | &nbsp;&nbsp;63468 | &nbsp;&nbsp;&nbsp;&nbsp;759077 |
| General Motors Company | &nbsp;&nbsp;15489 | &nbsp;&nbsp;&nbsp;&nbsp;944364 |
| Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;1992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55577 |
| Lucid Group, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;4985 | &nbsp;&nbsp;&nbsp;&nbsp;118593 |
| Rivian Automotive, Inc., Class A (A) | &nbsp;&nbsp;19762 | &nbsp;&nbsp;&nbsp;&nbsp;290106 |
| Tesla, Inc. (A) | &nbsp;&nbsp;52502 | 23348689 |
| Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90625 |
| Winnebago Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17422 |
|  |  | 25633902 |
| **Broadline retail – 3.5%** | **Broadline retail – 3.5%** |  |
| Amazon.com, Inc. (A) | 173612 | 38119987 |
| Coupang, Inc. (A) | &nbsp;&nbsp;27139 | &nbsp;&nbsp;&nbsp;&nbsp;873876 |
| Dillard's, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;&nbsp;&nbsp;116137 |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;7445 | &nbsp;&nbsp;&nbsp;&nbsp;677123 |
| Etsy, Inc. (A) | &nbsp;&nbsp;&nbsp;1616 | &nbsp;&nbsp;&nbsp;&nbsp;107286 |
| Groupon, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15785 |
| Kohl's Corp. (C) | &nbsp;&nbsp;&nbsp;1844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28342 |
| Macy's, Inc. | &nbsp;&nbsp;&nbsp;4391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78731 |
| Ollie's Bargain Outlet Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;128400 |
| Savers Value Village, Inc. (A) | &nbsp;&nbsp;&nbsp;2627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34808 |
|  |  | 40180475 |
| **Distributors – 0.1%** | **Distributors – 0.1%** |  |
| A-Mark Precious Metals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11564 |
| Epsium Enterprise, Ltd.,Class A (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459 |
| Genuine Parts Company | &nbsp;&nbsp;&nbsp;2261 | &nbsp;&nbsp;&nbsp;&nbsp;313375 |
| LKQ Corp. | &nbsp;&nbsp;&nbsp;4203 | &nbsp;&nbsp;&nbsp;&nbsp;128360 |
| Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;189143 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;644901 |
| **Diversified consumer services – 0.1%** | **Diversified consumer services – 0.1%** |  |
| ADT, Inc. | &nbsp;&nbsp;12533 | &nbsp;&nbsp;&nbsp;&nbsp;109162 |
| Adtalem Global Education, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90353 |
| American Public Education, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12670 |
| Bright Horizons Family Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;931 | &nbsp;&nbsp;&nbsp;&nbsp;101079 |
| Carriage Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14342 |
| Chegg, Inc. (A) | &nbsp;&nbsp;&nbsp;2184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3298 |
| Coursera, Inc. (A) | &nbsp;&nbsp;&nbsp;2748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32179 |
| Duolingo, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;647 | &nbsp;&nbsp;&nbsp;&nbsp;208230 |
| frontdoor, Inc. (A) | &nbsp;&nbsp;&nbsp;1191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80142 |
| Graham Holdings Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64752 |
| Grand Canyon Education, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;457 | &nbsp;&nbsp;&nbsp;&nbsp;100321 |
| H&R Block, Inc. | &nbsp;&nbsp;&nbsp;2170 | &nbsp;&nbsp;&nbsp;&nbsp;109737 |
| ITT Educational Services, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Laureate Education, Inc. (A) | &nbsp;&nbsp;&nbsp;2428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76579 |
| Lincoln Educational Services Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14429 |
| Matthews International Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14714 |
| McGraw Hill, Inc. (A) | &nbsp;&nbsp;&nbsp;3211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40298 |
| Mister Car Wash, Inc. (A) | &nbsp;&nbsp;&nbsp;5759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30695 |
| OneSpaWorld Holdings, Ltd. | &nbsp;&nbsp;&nbsp;1736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36699 |
| Perdoceo Education Corp. | &nbsp;&nbsp;&nbsp;1069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40259 |
| Service Corp. International | &nbsp;&nbsp;&nbsp;2293 | &nbsp;&nbsp;&nbsp;&nbsp;190823 |
| Strategic Education, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34404 |
| Stride, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;711 | &nbsp;&nbsp;&nbsp;&nbsp;105896 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Diversified consumer services (continued)** | **Diversified consumer services (continued)** |  |
| Udemy, Inc. (A) | &nbsp;&nbsp;2630 | $&nbsp;&nbsp;&nbsp;&nbsp;18436 |
| Universal Technical Institute, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;29458 |
| WW International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5226 |
|  |  | 1564181 |
| **Hotels, restaurants and leisure – 2.0%** | **Hotels, restaurants and leisure – 2.0%** |  |
| Accel Entertainment, Inc. (A) | &nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp;20092 |
| Airbnb, Inc., Class A (A) | &nbsp;&nbsp;6979 | &nbsp;&nbsp;&nbsp;&nbsp;847390 |
| Ambassadors Group, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 |
| Aramark | &nbsp;&nbsp;4271 | &nbsp;&nbsp;&nbsp;&nbsp;164006 |
| Biglari Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6180 |
| Biglari Holdings, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;12622 |
| BJ's Restaurants, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;11327 |
| Bloomin' Brands, Inc. | &nbsp;&nbsp;1522 | &nbsp;&nbsp;&nbsp;&nbsp;10913 |
| Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;527 | 2845415 |
| Boyd Gaming Corp. | &nbsp;&nbsp;1262 | &nbsp;&nbsp;&nbsp;&nbsp;109100 |
| Brightstar Lottery PLC | &nbsp;&nbsp;3147 | &nbsp;&nbsp;&nbsp;&nbsp;54286 |
| Brinker International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;721 | &nbsp;&nbsp;&nbsp;&nbsp;91336 |
| Caesars Entertainment, Inc. (A) | &nbsp;&nbsp;3403 | &nbsp;&nbsp;&nbsp;&nbsp;91966 |
| Carnival Corp. (A) | 18971 | &nbsp;&nbsp;&nbsp;&nbsp;548452 |
| Cava Group, Inc. (A) | &nbsp;&nbsp;1882 | &nbsp;&nbsp;&nbsp;&nbsp;113692 |
| Chipotle Mexican Grill, Inc. (A) | 21815 | &nbsp;&nbsp;&nbsp;&nbsp;854930 |
| Choice Hotels International, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;754 | &nbsp;&nbsp;&nbsp;&nbsp;80610 |
| Churchill Downs, Inc. | &nbsp;&nbsp;1147 | &nbsp;&nbsp;&nbsp;&nbsp;111270 |
| Cracker Barrel Old Country Store, Inc. (C) | &nbsp;&nbsp;&nbsp;&nbsp;369 | &nbsp;&nbsp;&nbsp;&nbsp;16258 |
| Darden Restaurants, Inc. | &nbsp;&nbsp;1896 | &nbsp;&nbsp;&nbsp;&nbsp;360923 |
| Dave & Buster's Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;593 | &nbsp;&nbsp;&nbsp;&nbsp;10769 |
| Denny's Corp. (A) | &nbsp;&nbsp;1099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5748 |
| Dine Brands Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7045 |
| Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;549 | &nbsp;&nbsp;&nbsp;&nbsp;237009 |
| DoorDash, Inc., Class A (A) | &nbsp;&nbsp;6550 | 1781535 |
| DraftKings, Inc., Class A (A) | &nbsp;&nbsp;8075 | &nbsp;&nbsp;&nbsp;&nbsp;302005 |
| Dutch Bros, Inc., Class A (A) | &nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;108187 |
| El Pollo Loco Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6906 |
| Expedia Group, Inc. | &nbsp;&nbsp;1917 | &nbsp;&nbsp;&nbsp;&nbsp;409759 |
| First Watch Restaurant Group, Inc. (A) | &nbsp;&nbsp;1051 | &nbsp;&nbsp;&nbsp;&nbsp;16438 |
| Flutter Entertainment PLC (A) | &nbsp;&nbsp;2865 | &nbsp;&nbsp;&nbsp;&nbsp;727710 |
| Global Business Travel Group I (A) | &nbsp;&nbsp;8166 | &nbsp;&nbsp;&nbsp;&nbsp;65981 |
| Golden Entertainment, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp;12474 |
| Hilton Grand Vacations, Inc. (A) | &nbsp;&nbsp;1478 | &nbsp;&nbsp;&nbsp;&nbsp;61795 |
| Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;3809 | &nbsp;&nbsp;&nbsp;&nbsp;988207 |
| Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;95803 |
| Jack in the Box, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7493 |
| Krispy Kreme, Inc. (C) | &nbsp;&nbsp;3201 | &nbsp;&nbsp;&nbsp;&nbsp;12388 |
| Kura Sushi USA, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;10991 |
| Las Vegas Sands Corp. | 11180 | &nbsp;&nbsp;&nbsp;&nbsp;601372 |
| Life Time Group Holdings, Inc. (A) | &nbsp;&nbsp;3589 | &nbsp;&nbsp;&nbsp;&nbsp;99056 |
| Light & Wonder, Inc. (A) | &nbsp;&nbsp;1369 | &nbsp;&nbsp;&nbsp;&nbsp;114914 |
| Lindblad Expeditions Holdings, Inc. (A) | &nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp;13082 |
| Lucky Strike Entertainment Corp. (C) | &nbsp;&nbsp;1554 | &nbsp;&nbsp;&nbsp;&nbsp;15913 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;4411 | 1148801 |
| Marriott Vacations Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;37007 |
| McDonald's Corp. | 11618 | 3530594 |
| MGM Resorts International (A) | &nbsp;&nbsp;4407 | &nbsp;&nbsp;&nbsp;&nbsp;152747 |
| Monarch Casino & Resort, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;313 | &nbsp;&nbsp;&nbsp;&nbsp;33128 |
| Nathan's Famous, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;11074 |
| Norwegian Cruise Line Holdings, Ltd. (A) | &nbsp;&nbsp;7335 | &nbsp;&nbsp;&nbsp;&nbsp;180661 |
| Papa John's International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp;26097 |
| Penn Entertainment, Inc. (A) | &nbsp;&nbsp;2394 | &nbsp;&nbsp;&nbsp;&nbsp;46108 |
| Planet Fitness, Inc., Class A (A) | &nbsp;&nbsp;1364 | &nbsp;&nbsp;&nbsp;&nbsp;141583 |
| Portillo's, Inc., Class A (A) | &nbsp;&nbsp;1306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8424 |
| Potbelly Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9542 |
| Pursuit Attractions and Hospitality, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp;18850 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Hotels, restaurants and leisure (continued)** | **Hotels, restaurants and leisure (continued)** |  |
| RCI Hospitality Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;213 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6499 |
| Red Rock Resorts, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59411 |
| Restaurant Brands International LP | &nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5185 |
| Royal Caribbean Cruises, Ltd. | &nbsp;&nbsp;4421 | &nbsp;&nbsp;&nbsp;1430547 |
| Rush Street Interactive, Inc. (A) | &nbsp;&nbsp;1564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32031 |
| Sabre Corp. (A) | &nbsp;&nbsp;6997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12805 |
| Serve Robotics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11560 |
| Shake Shack, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60753 |
| Sharplink Gaming, Inc. (A) | &nbsp;&nbsp;2880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48989 |
| Six Flags Entertainment Corp. (A) | &nbsp;&nbsp;1693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38465 |
| Soho House & Company, Inc. (A) | &nbsp;&nbsp;1054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9328 |
| Starbucks Corp. | 18502 | &nbsp;&nbsp;&nbsp;1565269 |
| Sweetgreen, Inc., Class A (A) | &nbsp;&nbsp;1777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14180 |
| Target Hospitality Corp. (A) | &nbsp;&nbsp;1822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15451 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;1064 | &nbsp;&nbsp;&nbsp;&nbsp;176784 |
| The Cheesecake Factory, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42947 |
| The Wendy's Company | &nbsp;&nbsp;3062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28048 |
| Travel + Leisure Company | &nbsp;&nbsp;1021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60739 |
| United Parks & Resorts, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45858 |
| Vail Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90340 |
| Viking Holdings, Ltd. (A) | &nbsp;&nbsp;5142 | &nbsp;&nbsp;&nbsp;&nbsp;319627 |
| Wingstop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp;114514 |
| Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97878 |
| Wynn Resorts, Ltd. | &nbsp;&nbsp;1692 | &nbsp;&nbsp;&nbsp;&nbsp;217033 |
| Xponential Fitness, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5110 |
| Yum! Brands, Inc. | &nbsp;&nbsp;4511 | &nbsp;&nbsp;&nbsp;&nbsp;685672 |
|  |  | 22603016 |
| **Household durables – 0.4%** | **Household durables – 0.4%** |  |
| Beazer Homes USA, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13650 |
| Cavco Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74914 |
| Century Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32445 |
| Champion Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70871 |
| Cricut, Inc., Class A | &nbsp;&nbsp;1127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7089 |
| D.R. Horton, Inc. | &nbsp;&nbsp;4850 | &nbsp;&nbsp;&nbsp;&nbsp;821930 |
| Dream Finders Homes, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16278 |
| Ethan Allen Interiors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14406 |
| Garmin, Ltd. | &nbsp;&nbsp;3147 | &nbsp;&nbsp;&nbsp;&nbsp;774854 |
| GoPro, Inc., Class A (A) | &nbsp;&nbsp;2526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5355 |
| Green Brick Partners, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54287 |
| Hamilton Beach Brands Holding Company, Class B | &nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3463 |
| Helen of Troy, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10912 |
| Hovnanian Enterprises, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11307 |
| Installed Building Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;109764 |
| iRobot Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2280 |
| KB Home | &nbsp;&nbsp;1083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68922 |
| La-Z-Boy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24504 |
| Legacy Housing Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13535 |
| Leggett & Platt, Inc. | &nbsp;&nbsp;2355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20912 |
| Lennar Corp., B Shares | &nbsp;&nbsp;&nbsp;&nbsp;656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78713 |
| Lennar Corp., Class A | &nbsp;&nbsp;3579 | &nbsp;&nbsp;&nbsp;&nbsp;451097 |
| LGI Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22080 |
| M/I Homes, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61243 |
| Meritage Homes Corp. | &nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83657 |
| Mohawk Industries, Inc. (A) | &nbsp;&nbsp;1004 | &nbsp;&nbsp;&nbsp;&nbsp;129436 |
| Newell Brands, Inc. | &nbsp;&nbsp;6954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36439 |
| NVR, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp;377629 |
| PulteGroup, Inc. | &nbsp;&nbsp;3181 | &nbsp;&nbsp;&nbsp;&nbsp;420306 |
| SharkNinja, Inc. (A) | &nbsp;&nbsp;2299 | &nbsp;&nbsp;&nbsp;&nbsp;237142 |
| Somnigroup International, Inc. | &nbsp;&nbsp;3420 | &nbsp;&nbsp;&nbsp;&nbsp;288409 |
| Sonos, Inc. (A) | &nbsp;&nbsp;2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32153 |
| Taylor Morrison Home Corp. (A) | &nbsp;&nbsp;1598 | &nbsp;&nbsp;&nbsp;&nbsp;105484 |
| The Lovesac Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4808 |
| Toll Brothers, Inc. | &nbsp;&nbsp;1539 | &nbsp;&nbsp;&nbsp;&nbsp;212597 |
| TopBuild Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;457 | &nbsp;&nbsp;&nbsp;&nbsp;178623 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Household durables (continued)** | **Household durables (continued)** |  |
| Tri Pointe Homes, Inc. (A) | 1482 | $&nbsp;&nbsp;&nbsp;&nbsp;50344 |
| Whirlpool Corp. (C) | &nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp;72312 |
|  |  | 4994150 |
| **Leisure products – 0.1%** | **Leisure products – 0.1%** |  |
| Acushnet Holdings Corp. | &nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;76528 |
| Brunswick Corp. | 1076 | &nbsp;&nbsp;&nbsp;&nbsp;68046 |
| Funko, Inc., Class A (A) | 1245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4283 |
| Hasbro, Inc. | 2283 | &nbsp;&nbsp;&nbsp;&nbsp;173166 |
| Latham Group, Inc. (A) | 2028 | &nbsp;&nbsp;&nbsp;&nbsp;15433 |
| Malibu Boats, Inc., Class A (A) | &nbsp;&nbsp;403 | &nbsp;&nbsp;&nbsp;&nbsp;13077 |
| MasterCraft Boat Holdings, Inc. (A) | &nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp;10537 |
| Mattel, Inc. (A) | 5254 | &nbsp;&nbsp;&nbsp;&nbsp;88425 |
| Peloton Interactive, Inc., Class A (A) | 6438 | &nbsp;&nbsp;&nbsp;&nbsp;57942 |
| Polaris, Inc. | &nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;54642 |
| Smith & Wesson Brands, Inc. | &nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9073 |
| Sturm Ruger & Company, Inc. | &nbsp;&nbsp;311 | &nbsp;&nbsp;&nbsp;&nbsp;13519 |
| Topgolf Callaway Brands Corp. (A) | 3144 | &nbsp;&nbsp;&nbsp;&nbsp;29868 |
| Tron, Inc. (A) | &nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197 |
| YETI Holdings, Inc. (A) | 1330 | &nbsp;&nbsp;&nbsp;&nbsp;44129 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;659865 |
| **Specialty retail – 1.9%** | **Specialty retail – 1.9%** |  |
| 1-800-Flowers.com, Inc., Class A (A)(C) | 1068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4913 |
| Abercrombie & Fitch Company, Class A (A) | &nbsp;&nbsp;768 | &nbsp;&nbsp;&nbsp;&nbsp;65702 |
| Academy Sports & Outdoors, Inc. | 1081 | &nbsp;&nbsp;&nbsp;&nbsp;54072 |
| Advance Auto Parts, Inc. | &nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;60479 |
| American Eagle Outfitters, Inc. | 2814 | &nbsp;&nbsp;&nbsp;&nbsp;48148 |
| America's Car-Mart, Inc. (A) | &nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5229 |
| Arhaus, Inc. (A) | &nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9652 |
| Arko Corp. | 2230 | &nbsp;&nbsp;&nbsp;&nbsp;10191 |
| Asbury Automotive Group, Inc. (A) | &nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp;77980 |
| AutoNation, Inc. (A) | &nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp;131700 |
| AutoZone, Inc. (A) | &nbsp;&nbsp;272 | 1166945 |
| Barnes & Noble Education, Inc. (A) | &nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6119 |
| Bath & Body Works, Inc. | 3358 | &nbsp;&nbsp;&nbsp;&nbsp;86502 |
| Bed Bath & Beyond, Inc. (A) | &nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9780 |
| Best Buy Company, Inc. | 3427 | &nbsp;&nbsp;&nbsp;&nbsp;259150 |
| Boot Barn Holdings, Inc. (A) | &nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;&nbsp;82363 |
| Build-A-Bear Workshop, Inc. | &nbsp;&nbsp;221 | &nbsp;&nbsp;&nbsp;&nbsp;14411 |
| Burlington Stores, Inc. (A) | 1023 | &nbsp;&nbsp;&nbsp;&nbsp;260354 |
| Caleres, Inc. | &nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7628 |
| Camping World Holdings, Inc., Class A | 1066 | &nbsp;&nbsp;&nbsp;&nbsp;16832 |
| CarMax, Inc. (A) | 2448 | &nbsp;&nbsp;&nbsp;&nbsp;109842 |
| Carvana Company (A) | 2248 | &nbsp;&nbsp;&nbsp;&nbsp;848036 |
| Chewy, Inc., Class A (A) | 3583 | &nbsp;&nbsp;&nbsp;&nbsp;144932 |
| Citi Trends, Inc. (A) | &nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5678 |
| Designer Brands, Inc., Class A | &nbsp;&nbsp;888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3144 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;203776 |
| Duluth Holdings, Inc., Class B (A) | 1053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4117 |
| EVgo, Inc. (A) | 2340 | &nbsp;&nbsp;&nbsp;&nbsp;11068 |
| Five Below, Inc. (A) | &nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;139230 |
| Floor & Decor Holdings, Inc., Class A (A) | 1753 | &nbsp;&nbsp;&nbsp;&nbsp;129196 |
| GameStop Corp., Class A (A) | 7293 | &nbsp;&nbsp;&nbsp;&nbsp;198953 |
| Genesco, Inc. (A) | &nbsp;&nbsp;207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6001 |
| Group 1 Automotive, Inc. | &nbsp;&nbsp;208 | &nbsp;&nbsp;&nbsp;&nbsp;91002 |
| Guess?, Inc. | &nbsp;&nbsp;907 | &nbsp;&nbsp;&nbsp;&nbsp;15156 |
| Haverty Furniture Companies, Inc. | &nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7281 |
| Lands' End, Inc. (A) | &nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8305 |
| Lithia Motors, Inc. | &nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;131456 |
| Lowe's Companies, Inc. | 9133 | 2295214 |
| MarineMax, Inc. (A) | &nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp;10715 |
| Monro, Inc. | &nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;10315 |
| Murphy USA, Inc. | &nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp;121914 |
| National Vision Holdings, Inc. (A) | 1322 | &nbsp;&nbsp;&nbsp;&nbsp;38589 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Specialty retail (continued)** | **Specialty retail (continued)** |  |
| Newegg Commerce, Inc. (A) | &nbsp;&nbsp;6320 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265124 |
| O'Reilly Automotive, Inc. (A) | 13822 | &nbsp;&nbsp;&nbsp;&nbsp;1490150 |
| Penske Automotive Group, Inc. | &nbsp;&nbsp;1095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190431 |
| Petco Health & Wellness Company, Inc. (A) | &nbsp;&nbsp;4123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15956 |
| Revolve Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14314 |
| RH (A) | &nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61761 |
| Ross Stores, Inc. | &nbsp;&nbsp;5316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810105 |
| Sally Beauty Holdings, Inc. (A) | &nbsp;&nbsp;1646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26797 |
| Shoe Carnival, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10686 |
| Signet Jewelers, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64170 |
| Sleep Number Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3145 |
| Sonic Automotive, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28153 |
| Stitch Fix, Inc., Class A (A) | &nbsp;&nbsp;2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8857 |
| The Buckle, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48805 |
| The Children's Place, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2658 |
| The Gap, Inc. | &nbsp;&nbsp;6020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128768 |
| The Home Depot, Inc. | 16214 | &nbsp;&nbsp;&nbsp;&nbsp;6569751 |
| The ODP Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15039 |
| The RealReal, Inc. (A) | &nbsp;&nbsp;1902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20218 |
| The TJX Companies, Inc. | 18118 | &nbsp;&nbsp;&nbsp;&nbsp;2618776 |
| ThredUp, Inc., Class A (A) | &nbsp;&nbsp;1718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16235 |
| Tractor Supply Company | &nbsp;&nbsp;8645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491641 |
| Ulta Beauty, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399128 |
| Upbound Group, Inc. | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23630 |
| Urban Outfitters, Inc. (A) | &nbsp;&nbsp;1455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103931 |
| Valvoline, Inc. (A) | &nbsp;&nbsp;2076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74549 |
| Victoria's Secret & Company (A) | &nbsp;&nbsp;1304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35391 |
| Warby Parker, Inc., Class A (A) | &nbsp;&nbsp;1747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48182 |
| Wayfair, Inc., Class A (A) | &nbsp;&nbsp;1709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152665 |
| Williams-Sonoma, Inc. | &nbsp;&nbsp;1979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386796 |
| Winmark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29866 |
| Zumiez, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7275 |
|  |  | &nbsp;&nbsp;&nbsp;21075023 |
| **Textiles, apparel and luxury goods – 0.3%** | **Textiles, apparel and luxury goods – 0.3%** |  |
| Amer Sports, Inc. (A) | &nbsp;&nbsp;9039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314105 |
| Birkenstock Holding PLC (A) | &nbsp;&nbsp;3007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136067 |
| Capri Holdings, Ltd. (A) | &nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39242 |
| Carter's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17327 |
| Columbia Sportswear Company | &nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48116 |
| Crocs, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74360 |
| Deckers Outdoor Corp. (A) | &nbsp;&nbsp;2411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244403 |
| Figs, Inc., Class A (A) | &nbsp;&nbsp;2634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17621 |
| G-III Apparel Group, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19372 |
| Hanesbrands, Inc. (A) | &nbsp;&nbsp;5827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38400 |
| Kontoor Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72431 |
| Levi Strauss & Company, Class A | &nbsp;&nbsp;1774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41334 |
| Lululemon Athletica, Inc. (A) | &nbsp;&nbsp;1847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328637 |
| Movado Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6772 |
| NIKE, Inc., Class B | 19352 | &nbsp;&nbsp;&nbsp;&nbsp;1349415 |
| On Holding AG, Class A (A) | &nbsp;&nbsp;4709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199426 |
| Oxford Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10459 |
| PVH Corp. | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65089 |
| Ralph Lauren Corp. | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195975 |
| Steven Madden, Ltd. | &nbsp;&nbsp;1196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40042 |
| Tapestry, Inc. | &nbsp;&nbsp;3382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382910 |
| Under Armour, Inc., Class A (A) | &nbsp;&nbsp;1703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8498 |
| Under Armour, Inc., Class C (A) | &nbsp;&nbsp;5101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24638 |
| VF Corp. | &nbsp;&nbsp;6387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92164 |
| Wolverine World Wide, Inc. | &nbsp;&nbsp;1341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36797 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3803600 |
|  |  | 122682516 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer staples – 5.1%** |  |  |
| **Beverages – 1.0%** | **Beverages – 1.0%** |  |
| Brown-Forman Corp., Class A | &nbsp;&nbsp;&nbsp;3352 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90202 |
| Brown-Forman Corp., Class B | &nbsp;&nbsp;&nbsp;4458 | &nbsp;&nbsp;&nbsp;&nbsp;120723 |
| Celsius Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;4196 | &nbsp;&nbsp;&nbsp;&nbsp;241228 |
| Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;146450 |
| Constellation Brands, Inc., Class A | &nbsp;&nbsp;&nbsp;2866 | &nbsp;&nbsp;&nbsp;&nbsp;385964 |
| Keurig Dr. Pepper, Inc. | &nbsp;&nbsp;22090 | &nbsp;&nbsp;&nbsp;&nbsp;563516 |
| MGP Ingredients, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9071 |
| Molson Coors Beverage Company, Class B | &nbsp;&nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp;133714 |
| Monster Beverage Corp. (A) | &nbsp;&nbsp;15886 | &nbsp;&nbsp;&nbsp;1069287 |
| National Beverage Corp. (A) | &nbsp;&nbsp;&nbsp;1607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59330 |
| PepsiCo, Inc. | &nbsp;&nbsp;22274 | &nbsp;&nbsp;&nbsp;3128161 |
| Primo Brands Corp. | &nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48487 |
| The Boston Beer Company, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30022 |
| The Coca-Cola Company | &nbsp;&nbsp;70083 | &nbsp;&nbsp;&nbsp;4647905 |
| The Vita Coco Company, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39497 |
|  |  | 10713557 |
| **Consumer staples distribution and retail – 2.2%** | **Consumer staples distribution and retail – 2.2%** |  |
| Albertsons Companies, Inc., Class A | &nbsp;&nbsp;&nbsp;9044 | &nbsp;&nbsp;&nbsp;&nbsp;158360 |
| BJ's Wholesale Club Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2141 | &nbsp;&nbsp;&nbsp;&nbsp;199648 |
| Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp;342019 |
| Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp;7218 | &nbsp;&nbsp;&nbsp;6681197 |
| Dollar General Corp. | &nbsp;&nbsp;&nbsp;3580 | &nbsp;&nbsp;&nbsp;&nbsp;369993 |
| Dollar Tree, Inc. (A) | &nbsp;&nbsp;&nbsp;3324 | &nbsp;&nbsp;&nbsp;&nbsp;313686 |
| Grocery Outlet Holding Corp. (A) | &nbsp;&nbsp;&nbsp;1624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26065 |
| Guardian Pharmacy Services, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10964 |
| Ingles Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17390 |
| Maplebear, Inc. (A) | &nbsp;&nbsp;&nbsp;4292 | &nbsp;&nbsp;&nbsp;&nbsp;157774 |
| Natural Grocers by Vitamin Cottage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16600 |
| Performance Food Group Company (A) | &nbsp;&nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;263741 |
| PriceSmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61322 |
| Sprouts Farmers Market, Inc. (A) | &nbsp;&nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp;172448 |
| Sysco Corp. | &nbsp;&nbsp;&nbsp;7760 | &nbsp;&nbsp;&nbsp;&nbsp;638958 |
| Target Corp. | &nbsp;&nbsp;&nbsp;7374 | &nbsp;&nbsp;&nbsp;&nbsp;661448 |
| The Andersons, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23249 |
| The Chefs' Warehouse, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38731 |
| The Kroger Company | &nbsp;&nbsp;10750 | &nbsp;&nbsp;&nbsp;&nbsp;724658 |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;&nbsp;3623 | &nbsp;&nbsp;&nbsp;&nbsp;277594 |
| United Natural Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;1004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37770 |
| Village Super Market, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6090 |
| Walmart, Inc. | 129842 | 13381517 |
| Weis Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31551 |
|  |  | 24612773 |
| **Food products – 0.6%** | **Food products – 0.6%** |  |
| Adecoagro SA | &nbsp;&nbsp;&nbsp;1876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14708 |
| Archer-Daniels-Midland Company | &nbsp;&nbsp;&nbsp;7826 | &nbsp;&nbsp;&nbsp;&nbsp;467525 |
| B&G Foods, Inc. (C) | &nbsp;&nbsp;&nbsp;1618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7168 |
| Beyond Meat, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 |
| Bunge Global SA | &nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp;264144 |
| Calavo Growers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9241 |
| Cal-Maine Foods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73492 |
| Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;7649 | &nbsp;&nbsp;&nbsp;&nbsp;140053 |
| Darling Ingredients, Inc. (A) | &nbsp;&nbsp;&nbsp;2589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79922 |
| Dole PLC | &nbsp;&nbsp;&nbsp;1804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24246 |
| Flowers Foods, Inc. | &nbsp;&nbsp;&nbsp;3467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45244 |
| Fresh Del Monte Produce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28401 |
| Freshpet, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44364 |
| General Mills, Inc. | &nbsp;&nbsp;&nbsp;8649 | &nbsp;&nbsp;&nbsp;&nbsp;436083 |
| Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;9060 | &nbsp;&nbsp;&nbsp;&nbsp;224144 |
| Ingredion, Inc. | &nbsp;&nbsp;&nbsp;1031 | &nbsp;&nbsp;&nbsp;&nbsp;125895 |
| J&J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31998 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Food products (continued)** | **Food products (continued)** |  |
| JBS NV, Class A (A) | 18169 | $&nbsp;&nbsp;&nbsp;&nbsp;271263 |
| John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp;11506 |
| Kellanova | &nbsp;&nbsp;5617 | &nbsp;&nbsp;&nbsp;&nbsp;460706 |
| Lamb Weston Holdings, Inc. | &nbsp;&nbsp;2272 | &nbsp;&nbsp;&nbsp;&nbsp;131958 |
| Lifeway Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 |
| McCormick & Company, Inc. | &nbsp;&nbsp;4129 | &nbsp;&nbsp;&nbsp;&nbsp;276271 |
| Mission Produce, Inc. (A) | &nbsp;&nbsp;1395 | &nbsp;&nbsp;&nbsp;&nbsp;16768 |
| Mondelez International, Inc., Class A | 21081 | 1316930 |
| Pilgrim's Pride Corp. | &nbsp;&nbsp;3891 | &nbsp;&nbsp;&nbsp;&nbsp;158442 |
| Post Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp;93293 |
| Seaboard Corp. | &nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp;58352 |
| Seneca Foods Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;11550 |
| SunOpta, Inc. (A) | &nbsp;&nbsp;2124 | &nbsp;&nbsp;&nbsp;&nbsp;12447 |
| The Campbell's Company (C) | &nbsp;&nbsp;4826 | &nbsp;&nbsp;&nbsp;&nbsp;152405 |
| The Hershey Company | &nbsp;&nbsp;2412 | &nbsp;&nbsp;&nbsp;&nbsp;451165 |
| The J.M. Smucker Company | &nbsp;&nbsp;1745 | &nbsp;&nbsp;&nbsp;&nbsp;189507 |
| The Kraft Heinz Company | 19198 | &nbsp;&nbsp;&nbsp;&nbsp;499916 |
| The Marzetti Company | &nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp;78447 |
| The Simply Good Foods Company (A) | &nbsp;&nbsp;1667 | &nbsp;&nbsp;&nbsp;&nbsp;41375 |
| Tootsie Roll Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp;32572 |
| TreeHouse Foods, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;911 | &nbsp;&nbsp;&nbsp;&nbsp;18411 |
| Tyson Foods, Inc., Class A | &nbsp;&nbsp;4631 | &nbsp;&nbsp;&nbsp;&nbsp;251463 |
| Utz Brands, Inc. | &nbsp;&nbsp;1554 | &nbsp;&nbsp;&nbsp;&nbsp;18881 |
| Vital Farms, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;30040 |
| Westrock Coffee Company (A)(C) | &nbsp;&nbsp;1497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7275 |
|  |  | 6617478 |
| **Household products – 0.7%** | **Household products – 0.7%** |  |
| Central Garden & Pet Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5159 |
| Central Garden & Pet Company, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;893 | &nbsp;&nbsp;&nbsp;&nbsp;26370 |
| Church & Dwight Company, Inc. | &nbsp;&nbsp;3966 | &nbsp;&nbsp;&nbsp;&nbsp;347541 |
| Colgate-Palmolive Company | 13138 | 1050252 |
| Energizer Holdings, Inc. | &nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp;28001 |
| Kimberly-Clark Corp. | &nbsp;&nbsp;5392 | &nbsp;&nbsp;&nbsp;&nbsp;670441 |
| Oil-Dri Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp;11720 |
| Reynolds Consumer Products, Inc. | &nbsp;&nbsp;3550 | &nbsp;&nbsp;&nbsp;&nbsp;86869 |
| Spectrum Brands Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp;21065 |
| The Clorox Company | &nbsp;&nbsp;1976 | &nbsp;&nbsp;&nbsp;&nbsp;243641 |
| The Procter & Gamble Company | 38155 | 5862516 |
| WD-40 Company | &nbsp;&nbsp;&nbsp;&nbsp;222 | &nbsp;&nbsp;&nbsp;&nbsp;43867 |
|  |  | 8397442 |
| **Personal care products – 0.1%** | **Personal care products – 0.1%** |  |
| BellRing Brands, Inc. (A) | &nbsp;&nbsp;2076 | &nbsp;&nbsp;&nbsp;&nbsp;75463 |
| Coty, Inc., Class A (A) | 14638 | &nbsp;&nbsp;&nbsp;&nbsp;59138 |
| e.l.f. Beauty, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp;122147 |
| Edgewell Personal Care Company | &nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp;16634 |
| Herbalife, Ltd. (A) | &nbsp;&nbsp;1732 | &nbsp;&nbsp;&nbsp;&nbsp;14618 |
| Interparfums, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;533 | &nbsp;&nbsp;&nbsp;&nbsp;52437 |
| Kenvue, Inc. | 31213 | &nbsp;&nbsp;&nbsp;&nbsp;506587 |
| Nu Skin Enterprises, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;859 | &nbsp;&nbsp;&nbsp;&nbsp;10471 |
| Olaplex Holdings, Inc. (A) | 10797 | &nbsp;&nbsp;&nbsp;&nbsp;14144 |
| Shineco, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4398 |
| The Estee Lauder Companies, Inc., Class A | &nbsp;&nbsp;3816 | &nbsp;&nbsp;&nbsp;&nbsp;336266 |
| The Honest Company, Inc. (A) | &nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7029 |
| Upexi, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5747 |
| USANA Health Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;387 | &nbsp;&nbsp;&nbsp;&nbsp;10662 |
|  |  | 1235741 |
| **Tobacco – 0.5%** | **Tobacco – 0.5%** |  |
| Altria Group, Inc. | 27329 | 1805354 |
| Philip Morris International, Inc. | 25352 | 4112094 |
| Turning Point Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp;29559 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Tobacco (continued)** | **Tobacco (continued)** |  |
| Universal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;413 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23074 |
|  |  | &nbsp;&nbsp;&nbsp;5970081 |
|  |  | 57547072 |
| **Energy – 2.9%** |  |  |
| **Energy equipment and services – 0.3%** | **Energy equipment and services – 0.3%** |  |
| Archrock, Inc. | &nbsp;&nbsp;2878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75720 |
| Aris Water Solutions, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13588 |
| Atlas Energy Solutions, Inc. (C) | &nbsp;&nbsp;2191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24912 |
| Baker Hughes Company | 16039 | &nbsp;&nbsp;&nbsp;&nbsp;781420 |
| Borr Drilling, Ltd. (A) | &nbsp;&nbsp;4471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12027 |
| Bristow Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19519 |
| Cactus, Inc., Class A | &nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45391 |
| Core Laboratories, Inc. | &nbsp;&nbsp;1034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12780 |
| Expro Group Holdings NV (A) | &nbsp;&nbsp;2003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23796 |
| Flowco Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8361 |
| Geospace Technologies Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4835 |
| Halliburton Company | 13780 | &nbsp;&nbsp;&nbsp;&nbsp;338988 |
| Helix Energy Solutions Group, Inc. (A) | &nbsp;&nbsp;2733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17928 |
| Helmerich & Payne, Inc. | &nbsp;&nbsp;1643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36294 |
| Innovex International, Inc. (A) | &nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23639 |
| Kodiak Gas Services, Inc. | &nbsp;&nbsp;1443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53348 |
| Liberty Energy, Inc. | &nbsp;&nbsp;2707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33404 |
| Nabors Industries, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12016 |
| National Energy Services Reunited Corp. (A) | &nbsp;&nbsp;1682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17257 |
| Noble Corp. PLC | &nbsp;&nbsp;2539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71803 |
| NOV, Inc. | &nbsp;&nbsp;6057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80255 |
| Oceaneering International, Inc. (A) | &nbsp;&nbsp;1690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41878 |
| Oil States International, Inc. (A) | &nbsp;&nbsp;1351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8187 |
| Patterson-UTI Energy, Inc. | &nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33344 |
| ProFrac Holding Corp., Class A (A)(C) | &nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10934 |
| ProPetro Holding Corp. (A) | &nbsp;&nbsp;2187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11460 |
| RPC, Inc. | &nbsp;&nbsp;4184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19916 |
| Schlumberger, Ltd. | 24339 | &nbsp;&nbsp;&nbsp;&nbsp;836531 |
| Seadrill, Ltd. (A) | &nbsp;&nbsp;1034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31237 |
| Select Water Solutions, Inc. | &nbsp;&nbsp;1895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20258 |
| Solaris Energy Infrastructure, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29698 |
| TechnipFMC PLC | &nbsp;&nbsp;6694 | &nbsp;&nbsp;&nbsp;&nbsp;264078 |
| TETRA Technologies, Inc. (A) | &nbsp;&nbsp;2384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13708 |
| Tidewater, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43144 |
| Transocean, Ltd. (A) | 15605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48688 |
| Valaris, Ltd. (A) | &nbsp;&nbsp;1130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55110 |
| Weatherford International PLC | &nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79037 |
|  |  | &nbsp;&nbsp;&nbsp;3254489 |
| **Oil, gas and consumable fuels – 2.6%** | **Oil, gas and consumable fuels – 2.6%** |  |
| American Resources Corp. (A) | &nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4166 |
| Antero Midstream Corp. | &nbsp;&nbsp;7786 | &nbsp;&nbsp;&nbsp;&nbsp;151360 |
| Antero Resources Corp. (A) | &nbsp;&nbsp;5023 | &nbsp;&nbsp;&nbsp;&nbsp;168572 |
| APA Corp. | &nbsp;&nbsp;5787 | &nbsp;&nbsp;&nbsp;&nbsp;140508 |
| Ardmore Shipping Corp. | &nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8143 |
| Berry Corp. | &nbsp;&nbsp;1717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6490 |
| BKV Corp. (A) | &nbsp;&nbsp;1512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34973 |
| California Resources Corp. | &nbsp;&nbsp;1374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73069 |
| Centrus Energy Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88370 |
| Cheniere Energy, Inc. | &nbsp;&nbsp;3574 | &nbsp;&nbsp;&nbsp;&nbsp;839819 |
| Chevron Corp. | 33806 | &nbsp;&nbsp;&nbsp;5249734 |
| Chord Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91122 |
| Civitas Resources, Inc. | &nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48425 |
| Clean Energy Fuels Corp. (A) | &nbsp;&nbsp;4082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10532 |
| CNX Resources Corp. (A) | &nbsp;&nbsp;2307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74101 |
| Comstock Resources, Inc. (A) | &nbsp;&nbsp;4826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95700 |
| ConocoPhillips | 20339 | &nbsp;&nbsp;&nbsp;1923866 |
| Core Natural Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69789 |
| Coterra Energy, Inc. | 12408 | &nbsp;&nbsp;&nbsp;&nbsp;293449 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| Crescent Energy Company, Class A | &nbsp;&nbsp;4239 | $&nbsp;&nbsp;&nbsp;&nbsp;37812 |
| CVR Energy, Inc. (A) | &nbsp;&nbsp;1668 | &nbsp;&nbsp;&nbsp;&nbsp;60849 |
| Delek US Holdings, Inc. | &nbsp;&nbsp;1010 | &nbsp;&nbsp;&nbsp;&nbsp;32593 |
| Devon Energy Corp. | 10224 | &nbsp;&nbsp;&nbsp;&nbsp;358453 |
| DHT Holdings, Inc. | &nbsp;&nbsp;2637 | &nbsp;&nbsp;&nbsp;&nbsp;31512 |
| Diamondback Energy, Inc. | &nbsp;&nbsp;4711 | &nbsp;&nbsp;&nbsp;&nbsp;674144 |
| Diversified Energy Company PLC | &nbsp;&nbsp;1448 | &nbsp;&nbsp;&nbsp;&nbsp;20286 |
| Dorian LPG, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;&nbsp;20741 |
| DT Midstream, Inc. | &nbsp;&nbsp;1642 | &nbsp;&nbsp;&nbsp;&nbsp;185645 |
| Encore Energy Corp. (A) | &nbsp;&nbsp;3548 | &nbsp;&nbsp;&nbsp;&nbsp;11389 |
| Energy Fuels, Inc. (A) | &nbsp;&nbsp;3784 | &nbsp;&nbsp;&nbsp;&nbsp;58084 |
| EOG Resources, Inc. | &nbsp;&nbsp;8882 | &nbsp;&nbsp;&nbsp;&nbsp;995850 |
| EQT Corp. | 10157 | &nbsp;&nbsp;&nbsp;&nbsp;552846 |
| Excelerate Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;576 | &nbsp;&nbsp;&nbsp;&nbsp;14509 |
| Expand Energy Corp. | &nbsp;&nbsp;3875 | &nbsp;&nbsp;&nbsp;&nbsp;411680 |
| Exxon Mobil Corp. | 69409 | 7825865 |
| FLEX LNG, Ltd. (New York Stock Exchange) (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;22806 |
| Gevo, Inc. (A) | &nbsp;&nbsp;4177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8187 |
| Golar LNG, Ltd. | &nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp;68939 |
| Granite Ridge Resources, Inc. | &nbsp;&nbsp;2990 | &nbsp;&nbsp;&nbsp;&nbsp;16176 |
| Green Plains, Inc. (A) | &nbsp;&nbsp;1158 | &nbsp;&nbsp;&nbsp;&nbsp;10179 |
| Gulfport Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;287 | &nbsp;&nbsp;&nbsp;&nbsp;51941 |
| Harvest Natural Resources, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| HF Sinclair Corp. | &nbsp;&nbsp;3025 | &nbsp;&nbsp;&nbsp;&nbsp;158329 |
| HighPeak Energy, Inc. (C) | &nbsp;&nbsp;2308 | &nbsp;&nbsp;&nbsp;&nbsp;16318 |
| Infinity Natural Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4366 |
| International Seaways, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;37094 |
| Kinder Morgan, Inc. | 36132 | 1022897 |
| Kinetik Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;987 | &nbsp;&nbsp;&nbsp;&nbsp;42184 |
| Kosmos Energy, Ltd. (A) | &nbsp;&nbsp;8691 | &nbsp;&nbsp;&nbsp;&nbsp;14427 |
| Lightbridge Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9354 |
| Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;2983 | &nbsp;&nbsp;&nbsp;&nbsp;71204 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;4940 | &nbsp;&nbsp;&nbsp;&nbsp;952136 |
| Matador Resources Company | &nbsp;&nbsp;2013 | &nbsp;&nbsp;&nbsp;&nbsp;90444 |
| Murphy Oil Corp. | &nbsp;&nbsp;2332 | &nbsp;&nbsp;&nbsp;&nbsp;66252 |
| New Fortress Energy, Inc. (A)(C) | &nbsp;&nbsp;4680 | &nbsp;&nbsp;&nbsp;&nbsp;10343 |
| Next Bridge Hydrocarbons, Inc. (A)(B) | &nbsp;&nbsp;2456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| NextDecade Corp. (A) | &nbsp;&nbsp;4424 | &nbsp;&nbsp;&nbsp;&nbsp;30039 |
| Nordic American Tankers, Ltd. | &nbsp;&nbsp;4148 | &nbsp;&nbsp;&nbsp;&nbsp;13025 |
| Northern Oil and Gas, Inc. | &nbsp;&nbsp;1561 | &nbsp;&nbsp;&nbsp;&nbsp;38713 |
| Occidental Petroleum Corp. | 15985 | &nbsp;&nbsp;&nbsp;&nbsp;755291 |
| ONEOK, Inc. | 10230 | &nbsp;&nbsp;&nbsp;&nbsp;746483 |
| Ovintiv, Inc. | &nbsp;&nbsp;4123 | &nbsp;&nbsp;&nbsp;&nbsp;166487 |
| Par Pacific Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;844 | &nbsp;&nbsp;&nbsp;&nbsp;29894 |
| PBF Energy, Inc., Class A | &nbsp;&nbsp;1907 | &nbsp;&nbsp;&nbsp;&nbsp;57534 |
| Peabody Energy Corp. | &nbsp;&nbsp;1979 | &nbsp;&nbsp;&nbsp;&nbsp;52483 |
| Permian Resources Corp. | 11268 | &nbsp;&nbsp;&nbsp;&nbsp;144230 |
| Phillips 66 | &nbsp;&nbsp;6569 | &nbsp;&nbsp;&nbsp;&nbsp;893515 |
| Prairie Operating Company (A) | &nbsp;&nbsp;1162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2307 |
| PrimeEnergy Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5178 |
| Range Resources Corp. | &nbsp;&nbsp;3881 | &nbsp;&nbsp;&nbsp;&nbsp;146081 |
| REX American Resources Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp;18923 |
| Riley Exploration Permian, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;11386 |
| Sable Offshore Corp. (A) | &nbsp;&nbsp;1646 | &nbsp;&nbsp;&nbsp;&nbsp;28739 |
| SandRidge Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8640 |
| Scorpio Tankers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;827 | &nbsp;&nbsp;&nbsp;&nbsp;46353 |
| SFL Corp., Ltd. | &nbsp;&nbsp;2371 | &nbsp;&nbsp;&nbsp;&nbsp;17854 |
| SM Energy Company | &nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp;45445 |
| Talos Energy, Inc. (A) | &nbsp;&nbsp;3093 | &nbsp;&nbsp;&nbsp;&nbsp;29662 |
| Targa Resources Corp. | &nbsp;&nbsp;3493 | &nbsp;&nbsp;&nbsp;&nbsp;585217 |
| Teekay Corp., Ltd. | &nbsp;&nbsp;1468 | &nbsp;&nbsp;&nbsp;&nbsp;12008 |
| Teekay Tankers, Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp;24820 |
| Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;350115 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Oil, gas and consumable fuels (continued)** | **Oil, gas and consumable fuels (continued)** |  |
| The Williams Companies, Inc. | &nbsp;&nbsp;19866 | $&nbsp;&nbsp;&nbsp;1258511 |
| Uranium Energy Corp. (A) | &nbsp;&nbsp;&nbsp;7271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96995 |
| VAALCO Energy, Inc. | &nbsp;&nbsp;&nbsp;2098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8434 |
| Valero Energy Corp. | &nbsp;&nbsp;&nbsp;5048 | &nbsp;&nbsp;&nbsp;&nbsp;859472 |
| Venture Global, Inc. (C) | &nbsp;&nbsp;&nbsp;7534 | &nbsp;&nbsp;&nbsp;&nbsp;106907 |
| Viper Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;2770 | &nbsp;&nbsp;&nbsp;&nbsp;105869 |
| Vital Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11722 |
| Vitesse Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17817 |
| World Kinect Corp. | &nbsp;&nbsp;&nbsp;&nbsp;928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24082 |
|  |  | 30088253 |
|  |  | 33342742 |
| **Financials – 13.8%** |  |  |
| **Banks – 3.7%** | **Banks – 3.7%** |  |
| 1st Source Corp. | &nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27517 |
| ACNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp;272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11979 |
| Amalgamated Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14824 |
| Amerant Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16803 |
| Ameris Bancorp | &nbsp;&nbsp;&nbsp;1080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79175 |
| Arrow Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14999 |
| Associated Banc-Corp. | &nbsp;&nbsp;&nbsp;2447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62912 |
| Atlantic Union Bankshares Corp. | &nbsp;&nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77956 |
| Axos Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76185 |
| Banc of California, Inc. | &nbsp;&nbsp;&nbsp;2256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37337 |
| BancFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72709 |
| Bank First Corp. | &nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23898 |
| Bank of America Corp. | 120488 | &nbsp;&nbsp;&nbsp;6215976 |
| Bank of Hawaii Corp. | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40040 |
| Bank of Marin Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12359 |
| Bank OZK | &nbsp;&nbsp;&nbsp;1741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88756 |
| Bank7 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9948 |
| BankFinancial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6821 |
| BankUnited, Inc. | &nbsp;&nbsp;&nbsp;1107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42243 |
| Bankwell Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8673 |
| Banner Corp. | &nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36353 |
| Bar Harbor Bankshares | &nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16113 |
| Beacon Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12875 |
| Blue Ridge Bankshares, Inc. (A) | &nbsp;&nbsp;&nbsp;1966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8316 |
| BOK Financial Corp. | &nbsp;&nbsp;&nbsp;1062 | &nbsp;&nbsp;&nbsp;&nbsp;118349 |
| Bridgewater Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12707 |
| Burke & Herbert Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17705 |
| Business First Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17330 |
| Byline Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26981 |
| Cadence Bank | &nbsp;&nbsp;&nbsp;2831 | &nbsp;&nbsp;&nbsp;&nbsp;106276 |
| California BanCorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11826 |
| Camden National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16401 |
| Capital Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13653 |
| Capital City Bank Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19808 |
| Capitol Federal Financial, Inc. | &nbsp;&nbsp;&nbsp;2704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17170 |
| Carter Bankshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11821 |
| Cathay General Bancorp | &nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52283 |
| Central Pacific Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16232 |
| ChoiceOne Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8485 |
| Citigroup, Inc. | &nbsp;&nbsp;29920 | &nbsp;&nbsp;&nbsp;3036880 |
| Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;6737 | &nbsp;&nbsp;&nbsp;&nbsp;358139 |
| City Holding Company | &nbsp;&nbsp;&nbsp;&nbsp;243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30100 |
| Civista Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10825 |
| CNB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18803 |
| Coastal Financial Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27043 |
| Colony Bankcorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11022 |
| Columbia Banking System, Inc. | &nbsp;&nbsp;&nbsp;3277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84350 |
| Columbia Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32272 |
| Comerica, Inc. | &nbsp;&nbsp;&nbsp;2036 | &nbsp;&nbsp;&nbsp;&nbsp;139507 |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;2158 | &nbsp;&nbsp;&nbsp;&nbsp;128962 |
| Community Financial System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53011 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Community Trust Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;452 | $&nbsp;&nbsp;&nbsp;25289 |
| Community West Bancshares | &nbsp;&nbsp;&nbsp;&nbsp;552 | &nbsp;&nbsp;&nbsp;11504 |
| ConnectOne Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;909 | &nbsp;&nbsp;&nbsp;22552 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;1022 | 129559 |
| Customers Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;501 | &nbsp;&nbsp;&nbsp;32750 |
| CVB Financial Corp. | &nbsp;&nbsp;2309 | &nbsp;&nbsp;&nbsp;43663 |
| Dime Community Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;23297 |
| Eagle Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;619 | &nbsp;&nbsp;&nbsp;12516 |
| East West Bancorp, Inc. | &nbsp;&nbsp;2202 | 234403 |
| Eastern Bankshares, Inc. | &nbsp;&nbsp;3423 | &nbsp;&nbsp;&nbsp;62127 |
| Enterprise Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;631 | &nbsp;&nbsp;&nbsp;36585 |
| Equity Bancshares, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;17501 |
| Esquire Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;153 | &nbsp;&nbsp;&nbsp;15614 |
| Farmers & Merchants Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp;5727 |
| Farmers National Banc Corp. | &nbsp;&nbsp;1223 | &nbsp;&nbsp;&nbsp;17623 |
| FB Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;533 | &nbsp;&nbsp;&nbsp;&nbsp;6407 |
| FB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;52507 |
| Fifth Third Bancorp | 10517 | 468532 |
| Financial Institutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;14090 |
| First Bancorp (North Carolina) | &nbsp;&nbsp;&nbsp;&nbsp;705 | &nbsp;&nbsp;&nbsp;37287 |
| First Bancorp (Puerto Rico) | &nbsp;&nbsp;2459 | &nbsp;&nbsp;&nbsp;54221 |
| First Bank | &nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp;6467 |
| First Busey Corp. | &nbsp;&nbsp;1481 | &nbsp;&nbsp;&nbsp;34285 |
| First Business Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;10816 |
| First Citizens BancShares, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;192 | 343519 |
| First Commonwealth Financial Corp. | &nbsp;&nbsp;1752 | &nbsp;&nbsp;&nbsp;29872 |
| First Community Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;18931 |
| First Financial Bancorp | &nbsp;&nbsp;1626 | &nbsp;&nbsp;&nbsp;41057 |
| First Financial Bankshares, Inc. | &nbsp;&nbsp;2432 | &nbsp;&nbsp;&nbsp;81837 |
| First Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;14731 |
| First Financial Northwest, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123 |
| First Foundation, Inc. (A) | &nbsp;&nbsp;1656 | &nbsp;&nbsp;&nbsp;&nbsp;9224 |
| First Hawaiian, Inc. | &nbsp;&nbsp;1889 | &nbsp;&nbsp;&nbsp;46904 |
| First Horizon Corp. | &nbsp;&nbsp;7950 | 179750 |
| First Internet Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp;5024 |
| First Interstate BancSystem, Inc., Class A | &nbsp;&nbsp;1661 | &nbsp;&nbsp;&nbsp;52936 |
| First Merchants Corp. | &nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;37662 |
| First Mid Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;23145 |
| Firstsun Capital Bancorp (A) | &nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;19279 |
| Five Star Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;18515 |
| Flagstar Financial, Inc. | &nbsp;&nbsp;6790 | &nbsp;&nbsp;&nbsp;78425 |
| Flushing Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;871 | &nbsp;&nbsp;&nbsp;12029 |
| FNB Corp. | &nbsp;&nbsp;5066 | &nbsp;&nbsp;&nbsp;81613 |
| Franklin Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;5106 |
| Fulton Financial Corp. | &nbsp;&nbsp;2719 | &nbsp;&nbsp;&nbsp;50655 |
| German American Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;30316 |
| Glacier Bancorp, Inc. | &nbsp;&nbsp;1932 | &nbsp;&nbsp;&nbsp;94030 |
| Great Southern Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;19784 |
| Greene County Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;368 | &nbsp;&nbsp;&nbsp;&nbsp;8317 |
| Guaranty Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;13163 |
| Hancock Whitney Corp. | &nbsp;&nbsp;1228 | &nbsp;&nbsp;&nbsp;76885 |
| Hanmi Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;641 | &nbsp;&nbsp;&nbsp;15826 |
| HarborOne Bancorp, Inc. | &nbsp;&nbsp;1194 | &nbsp;&nbsp;&nbsp;16238 |
| HBT Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;507 | &nbsp;&nbsp;&nbsp;12776 |
| Heritage Commerce Corp. | &nbsp;&nbsp;1298 | &nbsp;&nbsp;&nbsp;12889 |
| Heritage Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;713 | &nbsp;&nbsp;&nbsp;17247 |
| Hilltop Holdings, Inc. | &nbsp;&nbsp;1108 | &nbsp;&nbsp;&nbsp;37029 |
| Home Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;194 | &nbsp;&nbsp;&nbsp;10539 |
| Home BancShares, Inc. | &nbsp;&nbsp;3084 | &nbsp;&nbsp;&nbsp;87277 |
| HomeTrust Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;18055 |
| Hope Bancorp, Inc. | &nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;24609 |
| Horizon Bancorp, Inc. | &nbsp;&nbsp;1274 | &nbsp;&nbsp;&nbsp;20397 |
| Huntington Bancshares, Inc. | 22851 | 394637 |
| Independent Bank Corp. (Massachusetts) | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;53953 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Independent Bank Corp. (Michigan) | &nbsp;&nbsp;&nbsp;&nbsp;551 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17067 |
| International Bancshares Corp. | &nbsp;&nbsp;1035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71156 |
| JPMorgan Chase & Co. | 44763 | 14119593 |
| Kearny Financial Corp. | &nbsp;&nbsp;1825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11990 |
| KeyCorp | 17113 | &nbsp;&nbsp;&nbsp;&nbsp;319842 |
| Lakeland Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28120 |
| Live Oak Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27472 |
| M&T Bank Corp. | &nbsp;&nbsp;2496 | &nbsp;&nbsp;&nbsp;&nbsp;493260 |
| Mechanics Bancorp, Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5191 |
| Mercantile Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17640 |
| Meridian Corp. | &nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4342 |
| Metrocity Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22789 |
| Metropolitan Bank Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13393 |
| Mid Penn Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13719 |
| Midland States Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10575 |
| MidWestOne Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17738 |
| MVB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10826 |
| National Bank Holdings Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25348 |
| NB Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13926 |
| NBT Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38002 |
| Nicolet Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34970 |
| Northeast Bank | &nbsp;&nbsp;&nbsp;&nbsp;137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13722 |
| Northeast Community Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6521 |
| Northfield Bancorp, Inc. | &nbsp;&nbsp;1132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13358 |
| Northpointe Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13322 |
| Northrim BanCorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9704 |
| Northwest Bancshares, Inc. | &nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28869 |
| NU Holdings, Ltd., Class A (A) | 61295 | &nbsp;&nbsp;&nbsp;&nbsp;981333 |
| OceanFirst Financial Corp. | &nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19151 |
| OFG Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30878 |
| Old National Bancorp | &nbsp;&nbsp;6113 | &nbsp;&nbsp;&nbsp;&nbsp;134180 |
| Old Second Bancorp, Inc. | &nbsp;&nbsp;1028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17769 |
| Orange County Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8118 |
| Origin Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21748 |
| Orrstown Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12131 |
| Park National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45671 |
| Pathward Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25755 |
| Peapack-Gladstone Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11371 |
| Peoples Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20693 |
| Peoples Financial Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13076 |
| Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;1241 | &nbsp;&nbsp;&nbsp;&nbsp;116393 |
| Popular, Inc. | &nbsp;&nbsp;1051 | &nbsp;&nbsp;&nbsp;&nbsp;133488 |
| Preferred Bank | &nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18259 |
| Prosperity Bancshares, Inc. | &nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96208 |
| Provident Financial Services, Inc. | &nbsp;&nbsp;2261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43592 |
| QCR Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21633 |
| RBB Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10431 |
| Red River Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7130 |
| Regions Financial Corp. | 14037 | &nbsp;&nbsp;&nbsp;&nbsp;370156 |
| Renasant Corp. | &nbsp;&nbsp;1503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55446 |
| Republic Bancorp, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26155 |
| S&T Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25975 |
| Seacoast Banking Corp. of Florida | &nbsp;&nbsp;1442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43880 |
| ServisFirst Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73846 |
| Shore Bancshares, Inc. | &nbsp;&nbsp;1027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16853 |
| Sierra Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 |
| Simmons First National Corp., Class A | &nbsp;&nbsp;2329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44647 |
| SmartFinancial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16614 |
| South Plains Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15808 |
| Southern Missouri Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15558 |
| Southside Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20905 |
| SouthState Bank Corp. | &nbsp;&nbsp;1573 | &nbsp;&nbsp;&nbsp;&nbsp;155523 |
| Stellar Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27731 |
| Sterling Bancorp, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37025 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Banks (continued)** | **Banks (continued)** |  |
| Synovus Financial Corp. | &nbsp;&nbsp;2168 | $&nbsp;&nbsp;&nbsp;&nbsp;106405 |
| Texas Capital Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60185 |
| TFS Financial Corp. | &nbsp;&nbsp;5017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66099 |
| The Bancorp, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55718 |
| The Bank of NT Butterfield & Son, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29229 |
| The Hingham Institution for Savings | &nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10287 |
| The PNC Financial Services Group, Inc. | &nbsp;&nbsp;6369 | &nbsp;&nbsp;&nbsp;1279723 |
| Third Coast Bancshares, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10935 |
| Tompkins Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21783 |
| Towne Bank | &nbsp;&nbsp;1407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48640 |
| TriCo Bancshares | &nbsp;&nbsp;&nbsp;&nbsp;688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30554 |
| Triumph Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20566 |
| Truist Financial Corp. | 20821 | &nbsp;&nbsp;&nbsp;&nbsp;951936 |
| Trustmark Corp. | &nbsp;&nbsp;1004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39758 |
| U.S. Bancorp | 25169 | &nbsp;&nbsp;&nbsp;1216418 |
| UMB Financial Corp. | &nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;141073 |
| United Bankshares, Inc. | &nbsp;&nbsp;2259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84057 |
| United Community Banks, Inc. | &nbsp;&nbsp;2003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62794 |
| Unity Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11582 |
| Univest Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21404 |
| Valley National Bancorp | &nbsp;&nbsp;8704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92262 |
| Veritex Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29674 |
| Virginia National Bankshares Corp. | &nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6520 |
| WaFd, Inc. | &nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40104 |
| Washington Trust Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12456 |
| Webster Financial Corp. | &nbsp;&nbsp;2605 | &nbsp;&nbsp;&nbsp;&nbsp;154841 |
| Wells Fargo & Company | 52112 | &nbsp;&nbsp;&nbsp;4368028 |
| WesBanco, Inc. | &nbsp;&nbsp;1541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49204 |
| West BanCorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5751 |
| Westamerica BanCorp | &nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22046 |
| Western Alliance Bancorp | &nbsp;&nbsp;1759 | &nbsp;&nbsp;&nbsp;&nbsp;152540 |
| Western New England Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7782 |
| Wintrust Financial Corp. | &nbsp;&nbsp;1054 | &nbsp;&nbsp;&nbsp;&nbsp;139592 |
| WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49885 |
| Zions Bancorp NA | &nbsp;&nbsp;2287 | &nbsp;&nbsp;&nbsp;&nbsp;129398 |
|  |  | 42581348 |
| **Capital markets – 3.4%** | **Capital markets – 3.4%** |  |
| Acadian Asset Management, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29763 |
| Affiliated Managers Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;108009 |
| AlTi Global, Inc. (A) | &nbsp;&nbsp;1545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp;751613 |
| Ares Management Corp., Class A | &nbsp;&nbsp;3511 | &nbsp;&nbsp;&nbsp;&nbsp;561374 |
| Artisan Partners Asset Management, Inc., Class A | &nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48695 |
| B. Riley Financial, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3238 |
| Bakkt Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8850 |
| BGC Group, Inc., Class A | &nbsp;&nbsp;5926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56060 |
| BlackRock, Inc. | &nbsp;&nbsp;2520 | &nbsp;&nbsp;&nbsp;2937992 |
| Blue Owl Capital, Inc. | 10528 | &nbsp;&nbsp;&nbsp;&nbsp;178239 |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;1704 | &nbsp;&nbsp;&nbsp;&nbsp;417906 |
| CGrowth Capital, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| CME Group, Inc. | &nbsp;&nbsp;5868 | &nbsp;&nbsp;&nbsp;1585475 |
| Cohen & Steers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57081 |
| Coinbase Global, Inc., Class A (A) | &nbsp;&nbsp;3502 | &nbsp;&nbsp;&nbsp;1181890 |
| Diamond Hill Investment Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7561 |
| DigitalBridge Group, Inc. | &nbsp;&nbsp;2991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34995 |
| Dominari Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2333 |
| Donnelley Financial Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23298 |
| Ellington Credit Company | &nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4660 |
| Evercore, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp;208464 |
| FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;614 | &nbsp;&nbsp;&nbsp;&nbsp;175905 |
| Federated Hermes, Inc. | &nbsp;&nbsp;1213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62991 |
| Fidus Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2168 |
| Forge Global Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4817 |
| Franklin Resources, Inc. | &nbsp;&nbsp;8403 | &nbsp;&nbsp;&nbsp;&nbsp;194361 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Capital markets (continued)** | **Capital markets (continued)** |  |
| Freedom Holding Corp. (A)(C) | &nbsp;&nbsp;1009 | $&nbsp;&nbsp;&nbsp;&nbsp;173679 |
| GCM Grosvenor, Inc., Class A | &nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13820 |
| Hamilton Lane, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94892 |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;876 | &nbsp;&nbsp;&nbsp;&nbsp;179860 |
| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;7235 | &nbsp;&nbsp;&nbsp;&nbsp;497840 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp;9314 | &nbsp;&nbsp;&nbsp;1569223 |
| Invesco, Ltd. | &nbsp;&nbsp;7176 | &nbsp;&nbsp;&nbsp;&nbsp;164617 |
| Jefferies Financial Group, Inc. | &nbsp;&nbsp;3347 | &nbsp;&nbsp;&nbsp;&nbsp;218961 |
| KKR & Company, Inc. | 14519 | &nbsp;&nbsp;&nbsp;1886744 |
| Lazard, Inc. | &nbsp;&nbsp;1523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80384 |
| LPL Financial Holdings, Inc. | &nbsp;&nbsp;1299 | &nbsp;&nbsp;&nbsp;&nbsp;432164 |
| MarketAxess Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp;106293 |
| Moelis & Company, Class A | &nbsp;&nbsp;1189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84799 |
| Moody's Corp. | &nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;1391322 |
| Morgan Stanley | 25981 | &nbsp;&nbsp;&nbsp;4129940 |
| Morningstar, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;687 | &nbsp;&nbsp;&nbsp;&nbsp;159391 |
| MSCI, Inc. | &nbsp;&nbsp;1257 | &nbsp;&nbsp;&nbsp;&nbsp;713234 |
| Nasdaq, Inc. | &nbsp;&nbsp;9323 | &nbsp;&nbsp;&nbsp;&nbsp;824619 |
| Northern Trust Corp. | &nbsp;&nbsp;3099 | &nbsp;&nbsp;&nbsp;&nbsp;417125 |
| Nuveen Churchill Direct Lending Corp. | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2277 |
| Open Lending Corp. (A) | &nbsp;&nbsp;2641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5573 |
| Oppenheimer Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14708 |
| P10, Inc., Class A | &nbsp;&nbsp;1393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15156 |
| P10, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7235 |
| Patria Investments, Ltd., Class A | &nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17885 |
| Perella Weinberg Partners | &nbsp;&nbsp;1025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21853 |
| Piper Sandler Companies | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98892 |
| PJT Partners, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68782 |
| Raymond James Financial, Inc. | &nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp;557671 |
| Robinhood Markets, Inc., Class A (A) | 12595 | &nbsp;&nbsp;&nbsp;1803352 |
| S&P Global, Inc. | &nbsp;&nbsp;4971 | &nbsp;&nbsp;&nbsp;2419435 |
| SEI Investments Company | &nbsp;&nbsp;1975 | &nbsp;&nbsp;&nbsp;&nbsp;167579 |
| State Street Corp. | &nbsp;&nbsp;4590 | &nbsp;&nbsp;&nbsp;&nbsp;532486 |
| StepStone Group, Inc., Class A | &nbsp;&nbsp;1312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85687 |
| Stifel Financial Corp. | &nbsp;&nbsp;1635 | &nbsp;&nbsp;&nbsp;&nbsp;185523 |
| StoneX Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82048 |
| Strive, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 |
| SuRo Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1971 |
| T. Rowe Price Group, Inc. | &nbsp;&nbsp;3540 | &nbsp;&nbsp;&nbsp;&nbsp;363346 |
| The Bank of New York Mellon Corp. | 11458 | &nbsp;&nbsp;&nbsp;1248464 |
| The Blackstone Group, Inc. | 11997 | &nbsp;&nbsp;&nbsp;2049687 |
| The Carlyle Group, Inc. | &nbsp;&nbsp;5887 | &nbsp;&nbsp;&nbsp;&nbsp;369115 |
| The Charles Schwab Corp. | 29552 | &nbsp;&nbsp;&nbsp;2821329 |
| The Goldman Sachs Group, Inc. | &nbsp;&nbsp;4919 | &nbsp;&nbsp;&nbsp;3917246 |
| TPG, Inc. | &nbsp;&nbsp;2273 | &nbsp;&nbsp;&nbsp;&nbsp;130584 |
| Tradeweb Markets, Inc., Class A | &nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;210862 |
| Value Line, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6057 |
| Victory Capital Holdings, Inc., Class A | &nbsp;&nbsp;1096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70977 |
| Virtu Financial, Inc., Class A | &nbsp;&nbsp;1398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49629 |
| Virtus Investment Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21473 |
| Webull Corp. (A)(C) | &nbsp;&nbsp;6561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97037 |
| WisdomTree, Inc. | &nbsp;&nbsp;2348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32637 |
|  |  | 39269402 |
| **Consumer finance – 0.7%** | **Consumer finance – 0.7%** |  |
| Ally Financial, Inc. | &nbsp;&nbsp;4947 | &nbsp;&nbsp;&nbsp;&nbsp;193922 |
| American Express Company | 11325 | &nbsp;&nbsp;&nbsp;3761712 |
| Atlanticus Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15641 |
| Bread Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41493 |
| Capital One Financial Corp. | 10400 | &nbsp;&nbsp;&nbsp;2210832 |
| Credit Acceptance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85915 |
| Dave, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39272 |
| Defi Development Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5450 |
| Encore Capital Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17656 |
| Enova International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45806 |
| EZCORP, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17840 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer finance (continued)** | **Consumer finance (continued)** |  |
| FirstCash Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;729 | $&nbsp;&nbsp;&nbsp;&nbsp;115488 |
| Green Dot Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13081 |
| Jefferson Capital, Inc. | &nbsp;&nbsp;1204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20781 |
| Katapult Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1316 |
| LendingClub Corp. (A) | &nbsp;&nbsp;1891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28724 |
| LendingTree, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14694 |
| Navient Corp. | &nbsp;&nbsp;1776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23354 |
| Nelnet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55042 |
| NerdWallet, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8888 |
| OneMain Holdings, Inc. | &nbsp;&nbsp;1884 | &nbsp;&nbsp;&nbsp;&nbsp;106371 |
| Oportun Financial Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5195 |
| OppFi, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5563 |
| PRA Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10839 |
| PROG Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20840 |
| Regional Management Corp. | &nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8766 |
| SLM Corp. | &nbsp;&nbsp;3358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92949 |
| SoFi Technologies, Inc. (A) | 19480 | &nbsp;&nbsp;&nbsp;&nbsp;514662 |
| Synchrony Financial | &nbsp;&nbsp;5989 | &nbsp;&nbsp;&nbsp;&nbsp;425518 |
| Upstart Holdings, Inc. (A)(C) | &nbsp;&nbsp;1567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79604 |
| World Acceptance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17252 |
|  |  | &nbsp;&nbsp;&nbsp;8004466 |
| **Financial services – 3.9%** | **Financial services – 3.9%** |  |
| Acacia Research Corp. (A) | &nbsp;&nbsp;2646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 |
| Affirm Holdings, Inc. (A) | &nbsp;&nbsp;4640 | &nbsp;&nbsp;&nbsp;&nbsp;339091 |
| Alerus Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13771 |
| Apollo Global Management, Inc. | &nbsp;&nbsp;9312 | &nbsp;&nbsp;&nbsp;1241010 |
| AvidXchange Holdings, Inc. (A) | &nbsp;&nbsp;3529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35114 |
| Berkshire Hathaway, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;6787800 |
| Berkshire Hathaway, Inc., Class B (A) | 21843 | 10981350 |
| Better Home & Finance Holding Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11003 |
| Block, Inc. (A) | &nbsp;&nbsp;8944 | &nbsp;&nbsp;&nbsp;&nbsp;646383 |
| Burford Capital, Ltd. | &nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43738 |
| Cannae Holdings, Inc. | &nbsp;&nbsp;1129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20672 |
| Cantaloupe, Inc. (A) | &nbsp;&nbsp;1310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13847 |
| Cass Information Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13844 |
| Chime Financial, Inc., Class A (A) | &nbsp;&nbsp;5584 | &nbsp;&nbsp;&nbsp;&nbsp;112629 |
| Compass Diversified Holdings | &nbsp;&nbsp;1867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12360 |
| Corebridge Financial, Inc. | &nbsp;&nbsp;8775 | &nbsp;&nbsp;&nbsp;&nbsp;281239 |
| Corpay, Inc. (A) | &nbsp;&nbsp;1145 | &nbsp;&nbsp;&nbsp;&nbsp;329829 |
| Enact Holdings, Inc. | &nbsp;&nbsp;2518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96540 |
| Equitable Holdings, Inc. | &nbsp;&nbsp;4826 | &nbsp;&nbsp;&nbsp;&nbsp;245064 |
| Essent Group, Ltd. | &nbsp;&nbsp;1576 | &nbsp;&nbsp;&nbsp;&nbsp;100171 |
| Euronet Worldwide, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57691 |
| Federal Agricultural Mortgage Corp., Class C | &nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26037 |
| Fidelity National Information Services, Inc. | &nbsp;&nbsp;8509 | &nbsp;&nbsp;&nbsp;&nbsp;561083 |
| Finance of America Companies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4688 |
| Fiserv, Inc. (A) | &nbsp;&nbsp;8849 | &nbsp;&nbsp;&nbsp;1140902 |
| Flywire Corp. (A) | &nbsp;&nbsp;2013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27256 |
| Global Payments, Inc. | &nbsp;&nbsp;3926 | &nbsp;&nbsp;&nbsp;&nbsp;326172 |
| Guild Holdings Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9013 |
| HA Sustainable Infrastructure Capital, Inc. | &nbsp;&nbsp;2020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62014 |
| International Money Express, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8326 |
| Jack Henry & Associates, Inc. | &nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp;174993 |
| Jackson Financial, Inc., Class A | &nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;113580 |
| LoanDepot, Inc., Class A (A) | &nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6088 |
| Marqeta, Inc., Class A (A) | &nbsp;&nbsp;7030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37118 |
| Mastercard, Inc., Class A | 14608 | &nbsp;&nbsp;&nbsp;8309176 |
| Merchants Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26108 |
| MGIC Investment Corp. | &nbsp;&nbsp;3670 | &nbsp;&nbsp;&nbsp;&nbsp;104118 |
| Mr. Cooper Group, Inc. | &nbsp;&nbsp;1044 | &nbsp;&nbsp;&nbsp;&nbsp;220065 |
| NCR Atleos Corp. (A) | &nbsp;&nbsp;1219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47919 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Financial services (continued)** | **Financial services (continued)** |  |
| NewtekOne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;584 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6687 |
| NMI Holdings, Inc. (A) | &nbsp;&nbsp;1251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47963 |
| Onity Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7153 |
| Paymentus Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23042 |
| Payoneer Global, Inc. (A) | &nbsp;&nbsp;6034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36506 |
| PayPal Holdings, Inc. (A) | 15538 | &nbsp;&nbsp;&nbsp;1041978 |
| Paysafe, Ltd. (A) | &nbsp;&nbsp;1073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13863 |
| Paysign, Inc. (A) | &nbsp;&nbsp;1066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6705 |
| PennyMac Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;849 | &nbsp;&nbsp;&nbsp;&nbsp;105174 |
| Priority Technology Holdings, Inc. (A) | &nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9755 |
| Radian Group, Inc. | &nbsp;&nbsp;2137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77402 |
| Remitly Global, Inc. (A) | &nbsp;&nbsp;3374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54996 |
| Repay Holdings Corp. (A) | &nbsp;&nbsp;1626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8504 |
| Rocket Companies, Inc., Class A (C) | &nbsp;&nbsp;4198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81357 |
| Sezzle, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44139 |
| Shift4 Payments, Inc., Class A (A) | &nbsp;&nbsp;1092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84521 |
| StoneCo, Ltd., Class A (A) | &nbsp;&nbsp;4203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79479 |
| Sui Group Holdings, Ltd. (A) | &nbsp;&nbsp;1456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5620 |
| The Western Union Company | &nbsp;&nbsp;5028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40174 |
| Toast, Inc., Class A (A) | &nbsp;&nbsp;8297 | &nbsp;&nbsp;&nbsp;&nbsp;302923 |
| TrustCo Bank Corp. NY | &nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16117 |
| UWM Holdings Corp. | &nbsp;&nbsp;3632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22119 |
| Velocity Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14131 |
| Visa, Inc., Class A | 27654 | &nbsp;&nbsp;&nbsp;9440523 |
| Voya Financial, Inc. | &nbsp;&nbsp;1549 | &nbsp;&nbsp;&nbsp;&nbsp;115865 |
| Walker & Dunlop, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47663 |
| WEX, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87272 |
| XBP Global Holdings, Inc. (A) | &nbsp;&nbsp;2389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1928 |
|  |  | 44419961 |
| **Insurance – 2.0%** | **Insurance – 2.0%** |  |
| Abacus Global Management, Inc. (A) | &nbsp;&nbsp;1785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10228 |
| Aflac, Inc. | &nbsp;&nbsp;8745 | &nbsp;&nbsp;&nbsp;&nbsp;976817 |
| Ambac Financial Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7439 |
| American Coastal Insurance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10559 |
| American Financial Group, Inc. | &nbsp;&nbsp;1346 | &nbsp;&nbsp;&nbsp;&nbsp;196139 |
| American Integrity Insurance Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10664 |
| American International Group, Inc. | &nbsp;&nbsp;8940 | &nbsp;&nbsp;&nbsp;&nbsp;702148 |
| AMERISAFE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17273 |
| Aon PLC, Class A | &nbsp;&nbsp;3507 | &nbsp;&nbsp;&nbsp;1250526 |
| Arch Capital Group, Ltd. | &nbsp;&nbsp;6048 | &nbsp;&nbsp;&nbsp;&nbsp;548735 |
| Arthur J. Gallagher & Company | &nbsp;&nbsp;4173 | &nbsp;&nbsp;&nbsp;1292545 |
| Aspen Insurance Holdings, Ltd., Class A (A) | &nbsp;&nbsp;1568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57561 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp;174363 |
| Assured Guaranty, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65096 |
| Ategrity Specialty Holdings LLC (A) | &nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20561 |
| Axis Capital Holdings, Ltd. | &nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;118217 |
| Bowhead Specialty Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16576 |
| Brighthouse Financial, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49842 |
| Brown & Brown, Inc. | &nbsp;&nbsp;5340 | &nbsp;&nbsp;&nbsp;&nbsp;500839 |
| Chubb, Ltd. | &nbsp;&nbsp;6478 | &nbsp;&nbsp;&nbsp;1828416 |
| Cincinnati Financial Corp. | &nbsp;&nbsp;2554 | &nbsp;&nbsp;&nbsp;&nbsp;403787 |
| CNA Financial Corp. | &nbsp;&nbsp;4534 | &nbsp;&nbsp;&nbsp;&nbsp;210650 |
| CNO Financial Group, Inc. | &nbsp;&nbsp;1596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63122 |
| Donegal Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14446 |
| eHealth, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 |
| Employers Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18691 |
| Erie Indemnity Company, Class A | &nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp;240847 |
| Everest Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp;233954 |
| F&G Annuities & Life, Inc. | &nbsp;&nbsp;2236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69920 |
| Fidelis Insurance Holdings, Ltd. | &nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32017 |
| Fidelity National Financial, Inc. | &nbsp;&nbsp;4437 | &nbsp;&nbsp;&nbsp;&nbsp;268394 |
| First American Financial Corp. | &nbsp;&nbsp;1654 | &nbsp;&nbsp;&nbsp;&nbsp;106253 |
| Genworth Financial, Inc. (A) | &nbsp;&nbsp;6694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59577 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Insurance (continued)** | **Insurance (continued)** |  |
| Globe Life, Inc. | &nbsp;&nbsp;1316 | $&nbsp;&nbsp;&nbsp;&nbsp;188149 |
| Goosehead Insurance, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31182 |
| Hagerty, Inc., Class A (A) | &nbsp;&nbsp;1741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20962 |
| Hamilton Insurance Group, Ltd., Class B (A) | &nbsp;&nbsp;1129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27999 |
| HCI Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40497 |
| Heritage Insurance Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13068 |
| Hippo Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15585 |
| Horace Mann Educators Corp. | &nbsp;&nbsp;&nbsp;&nbsp;701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31664 |
| Investors Title Company | &nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9106 |
| James River Group Holdings, Ltd. | &nbsp;&nbsp;1063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5900 |
| Kemper Corp. | &nbsp;&nbsp;1044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53818 |
| Kingstone Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3763 |
| Kingsway Financial Services, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9313 |
| Kinsale Capital Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;379 | &nbsp;&nbsp;&nbsp;&nbsp;161174 |
| Lemonade, Inc. (A) | &nbsp;&nbsp;1209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64718 |
| Lincoln National Corp. | &nbsp;&nbsp;3063 | &nbsp;&nbsp;&nbsp;&nbsp;123531 |
| Loews Corp. | &nbsp;&nbsp;3365 | &nbsp;&nbsp;&nbsp;&nbsp;337812 |
| Markel Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;206 | &nbsp;&nbsp;&nbsp;&nbsp;393740 |
| Marsh & McLennan Companies, Inc. | &nbsp;&nbsp;7997 | &nbsp;&nbsp;&nbsp;1611635 |
| MBIA, Inc. (A) | &nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7785 |
| Mercury General Corp. | &nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76811 |
| MetLife, Inc. | 10797 | &nbsp;&nbsp;&nbsp;&nbsp;889349 |
| Old Republic International Corp. | &nbsp;&nbsp;3923 | &nbsp;&nbsp;&nbsp;&nbsp;166610 |
| Oscar Health, Inc., Class A (A) | &nbsp;&nbsp;3648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69057 |
| Palomar Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51137 |
| Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;533 | &nbsp;&nbsp;&nbsp;&nbsp;147955 |
| Principal Financial Group, Inc. | &nbsp;&nbsp;3604 | &nbsp;&nbsp;&nbsp;&nbsp;298808 |
| ProAssurance Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21543 |
| Prudential Financial, Inc. | &nbsp;&nbsp;5712 | &nbsp;&nbsp;&nbsp;&nbsp;592563 |
| Reinsurance Group of America, Inc. | &nbsp;&nbsp;1059 | &nbsp;&nbsp;&nbsp;&nbsp;203466 |
| RenaissanceRe Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp;&nbsp;&nbsp;191209 |
| RLI Corp. | &nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98808 |
| Root, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19961 |
| Ryan Specialty Holdings, Inc. | &nbsp;&nbsp;2088 | &nbsp;&nbsp;&nbsp;&nbsp;117680 |
| Safety Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20147 |
| Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79935 |
| SelectQuote, Inc. (A) | &nbsp;&nbsp;3311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6490 |
| SiriusPoint, Ltd. (A) | &nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37392 |
| Skyward Specialty Insurance Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31770 |
| Slide Insurance Holdings, Inc. (A) | &nbsp;&nbsp;2167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34206 |
| Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34167 |
| The Allstate Corp. | &nbsp;&nbsp;4267 | &nbsp;&nbsp;&nbsp;&nbsp;915912 |
| The Baldwin Insurance Group, Inc. (A) | &nbsp;&nbsp;1190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33570 |
| The Hanover Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp;103166 |
| The Hartford Insurance Group, Inc. | &nbsp;&nbsp;4517 | &nbsp;&nbsp;&nbsp;&nbsp;602523 |
| The Progressive Corp. | &nbsp;&nbsp;9531 | &nbsp;&nbsp;&nbsp;2353680 |
| The Travelers Companies, Inc. | &nbsp;&nbsp;3650 | &nbsp;&nbsp;&nbsp;1019153 |
| Tiptree, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14473 |
| Trupanion, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30772 |
| TWFG, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9302 |
| United Fire Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15332 |
| Universal Insurance Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13781 |
| Unum Group | &nbsp;&nbsp;2748 | &nbsp;&nbsp;&nbsp;&nbsp;213739 |
| W.R. Berkley Corp. | &nbsp;&nbsp;6157 | &nbsp;&nbsp;&nbsp;&nbsp;471749 |
| White Mountains Insurance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70204 |
| Willis Towers Watson PLC | &nbsp;&nbsp;1584 | &nbsp;&nbsp;&nbsp;&nbsp;547193 |
|  |  | 22334776 |
| **Mortgage real estate investment trusts – 0.1%** | **Mortgage real estate investment trusts – 0.1%** |  |
| Adamas Trust, Inc. | &nbsp;&nbsp;1742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12142 |
| Advanced Flower Capital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2509 |
| AG Mortgage Investment Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5980 |
| AGNC Investment Corp. | 16793 | &nbsp;&nbsp;&nbsp;&nbsp;164403 |
| Angel Oak Mortgage REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5547 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Mortgage real estate investment trusts (continued)** | **Mortgage real estate investment trusts (continued)** |  |
| Annaly Capital Management, Inc. | 10322 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208608 |
| Apollo Commercial Real Estate Finance, Inc. | &nbsp;&nbsp;2461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24930 |
| Arbor Realty Trust, Inc. | &nbsp;&nbsp;3133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38254 |
| Ares Commercial Real Estate Corp. | &nbsp;&nbsp;1372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6188 |
| ARMOUR Residential REIT, Inc. | &nbsp;&nbsp;1784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26653 |
| Blackstone Mortgage Trust, Inc., Class A | &nbsp;&nbsp;2814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51806 |
| BrightSpire Capital, Inc. | &nbsp;&nbsp;2843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15437 |
| Chicago Atlantic Real Estate Finance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7533 |
| Chimera Investment Corp. | &nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18772 |
| Claros Mortgage Trust, Inc. (A) | &nbsp;&nbsp;2616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8685 |
| Dynex Capital, Inc. | &nbsp;&nbsp;2059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25305 |
| Ellington Financial, Inc. | &nbsp;&nbsp;1648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21391 |
| Franklin BSP Realty Trust, Inc. | &nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17419 |
| Invesco Mortgage Capital, Inc. | &nbsp;&nbsp;1237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9352 |
| KKR Real Estate Finance Trust, Inc. | &nbsp;&nbsp;1337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12033 |
| Ladder Capital Corp. | &nbsp;&nbsp;2507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27351 |
| MFA Financial, Inc. | &nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15678 |
| Orchid Island Capital, Inc. | &nbsp;&nbsp;2210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15492 |
| PennyMac Mortgage Investment Trust | &nbsp;&nbsp;1495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18329 |
| Ready Capital Corp. | &nbsp;&nbsp;3146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12175 |
| Redwood Trust, Inc. | &nbsp;&nbsp;2620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15170 |
| Rithm Capital Corp. | &nbsp;&nbsp;8308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94628 |
| Starwood Property Trust, Inc. | &nbsp;&nbsp;5814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112617 |
| TPG RE Finance Trust, Inc. | &nbsp;&nbsp;1435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12284 |
| Two Harbors Investment Corp. | &nbsp;&nbsp;1773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17500 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1024171 |
|  |  | 157634124 |
| **Health care – 9.0%** |  |  |
| **Biotechnology – 2.0%** | **Biotechnology – 2.0%** |  |
| 4D Molecular Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7821 |
| 89bio, Inc. (A) | &nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37118 |
| AbbVie, Inc. | 28750 | &nbsp;&nbsp;&nbsp;&nbsp;6656775 |
| Abeona Therapeutics, Inc. (A) | &nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5317 |
| Absci Corp. (A)(C) | &nbsp;&nbsp;2621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7968 |
| ACADIA Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58578 |
| Achieve Life Sciences, Inc. (A) | &nbsp;&nbsp;1222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3849 |
| Acrivon Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1788 |
| ADMA Biologics, Inc. (A) | &nbsp;&nbsp;3860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56588 |
| Aduro Biotech, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 |
| Agenus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298 |
| Agios Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38494 |
| Akebia Therapeutics, Inc. (A) | &nbsp;&nbsp;4533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12375 |
| Akero Therapeutics, Inc. (A) | &nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62531 |
| Akouos, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912 |
| Albireo Pharma, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647 |
| Aldeyra Therapeutics, Inc. (A) | &nbsp;&nbsp;1149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5998 |
| Alector, Inc. (A) | &nbsp;&nbsp;2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6065 |
| Alkermes PLC (A) | &nbsp;&nbsp;2664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79920 |
| Allogene Therapeutics, Inc. (A) | &nbsp;&nbsp;4420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5481 |
| Alnylam Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972648 |
| Altimmune, Inc. (A)(C) | &nbsp;&nbsp;1590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5994 |
| Alvotech SA (A)(C) | &nbsp;&nbsp;4452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36462 |
| Ambit Biosciences Corp. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278 |
| Amgen, Inc. | &nbsp;&nbsp;8755 | &nbsp;&nbsp;&nbsp;&nbsp;2470661 |
| Amicus Therapeutics, Inc. (A) | &nbsp;&nbsp;5121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40353 |
| AnaptysBio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14943 |
| Anavex Life Sciences Corp. (A)(C) | &nbsp;&nbsp;1492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13279 |
| Annexon, Inc. (A) | &nbsp;&nbsp;2088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6368 |
| Apellis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46686 |
| Apogee Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30473 |
| Arbutus Biopharma Corp. (A) | &nbsp;&nbsp;3670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16662 |
| Arcellx, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74218 |
| Arcturus Therapeutics Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8883 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Arcus Biosciences, Inc. (A) | 1874 | $&nbsp;&nbsp;&nbsp;25486 |
| Arcutis Biotherapeutics, Inc. (A) | 1962 | &nbsp;&nbsp;&nbsp;36984 |
| Ardelyx, Inc. (A) | 3956 | &nbsp;&nbsp;&nbsp;21798 |
| ArriVent Biopharma, Inc. (A)(C) | &nbsp;&nbsp;798 | &nbsp;&nbsp;&nbsp;14723 |
| Arrowhead Pharmaceuticals, Inc. (A) | 2270 | &nbsp;&nbsp;&nbsp;78292 |
| ARS Pharmaceuticals, Inc. (A) | 1669 | &nbsp;&nbsp;&nbsp;16773 |
| Assembly Biosciences, Inc. (A) | &nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;&nbsp;7373 |
| Astria Therapeutics, Inc. (A) | 1099 | &nbsp;&nbsp;&nbsp;&nbsp;8001 |
| aTyr Pharma, Inc. (A)(C) | 2517 | &nbsp;&nbsp;&nbsp;&nbsp;1816 |
| Aura Biosciences, Inc. (A) | 1505 | &nbsp;&nbsp;&nbsp;&nbsp;9301 |
| Aurinia Pharmaceuticals, Inc. (A) | 2164 | &nbsp;&nbsp;&nbsp;23912 |
| Avalo Therapeutics, Inc. (A) | &nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp;3368 |
| Avidity Biosciences, Inc. (A) | 2106 | &nbsp;&nbsp;&nbsp;91758 |
| Avita Medical, Inc. (A)(C) | &nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;&nbsp;3122 |
| Beam Therapeutics, Inc. (A) | 1668 | &nbsp;&nbsp;&nbsp;40482 |
| Bicara Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;972 | &nbsp;&nbsp;&nbsp;15348 |
| BioCryst Pharmaceuticals, Inc. (A) | 3431 | &nbsp;&nbsp;&nbsp;26041 |
| Biogen, Inc. (A) | 2367 | 331569 |
| Biohaven, Ltd. (A) | 1768 | &nbsp;&nbsp;&nbsp;26538 |
| BioMarin Pharmaceutical, Inc. (A) | 3091 | 167409 |
| Biomea Fusion, Inc. (A) | 1254 | &nbsp;&nbsp;&nbsp;&nbsp;2533 |
| Bioxcel Therapeutics, Inc. (A) | &nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822 |
| Black Diamond Therapeutics, Inc. (A) | 1108 | &nbsp;&nbsp;&nbsp;&nbsp;4199 |
| Bluebird Bio, Inc. (A)(B) | &nbsp;&nbsp;206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406 |
| Blueprint Medicines Corp. (A)(B) | 1057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486 |
| Bridgebio Pharma, Inc. (A) | 3120 | 162053 |
| Bright Minds Biosciences, Inc. (A) | &nbsp;&nbsp;136 | &nbsp;&nbsp;&nbsp;&nbsp;8250 |
| C4 Therapeutics, Inc. (A) | 1354 | &nbsp;&nbsp;&nbsp;&nbsp;3006 |
| Cabaletta Bio, Inc. (A) | 1721 | &nbsp;&nbsp;&nbsp;&nbsp;4027 |
| Candel Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;991 | &nbsp;&nbsp;&nbsp;&nbsp;5054 |
| Capricor Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;5581 |
| Cardiff Oncology, Inc. (A) | 1303 | &nbsp;&nbsp;&nbsp;&nbsp;2684 |
| CareDx, Inc. (A) | &nbsp;&nbsp;891 | &nbsp;&nbsp;&nbsp;12955 |
| Caribou Biosciences, Inc. (A) | 2047 | &nbsp;&nbsp;&nbsp;&nbsp;4770 |
| Caris Life Sciences, Inc. (A)(C) | 4622 | 139816 |
| Catalyst Pharmaceuticals, Inc. (A) | 1958 | &nbsp;&nbsp;&nbsp;38573 |
| Celcuity, Inc. (A) | &nbsp;&nbsp;707 | &nbsp;&nbsp;&nbsp;34926 |
| Celldex Therapeutics, Inc. (A) | 1125 | &nbsp;&nbsp;&nbsp;29104 |
| CEL-SCI Corp. (A) | &nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;1518 |
| CervoMed, Inc. (A) | &nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;1513 |
| CG Oncology, Inc. (A) | 1256 | &nbsp;&nbsp;&nbsp;50592 |
| Checkpoint Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148 |
| Chinook Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;965 | &nbsp;&nbsp;&nbsp;&nbsp;1352 |
| Cidara Therapeutics, Inc. (A) | &nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;40506 |
| Cogent Biosciences, Inc. (A) | 2338 | &nbsp;&nbsp;&nbsp;33574 |
| Coherus Oncology, Inc. (A) | 2348 | &nbsp;&nbsp;&nbsp;&nbsp;3851 |
| Compass Therapeutics, Inc. (A) | 3049 | &nbsp;&nbsp;&nbsp;10672 |
| Concert Pharmaceuticals, Inc. (A)(B) | 1064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394 |
| Corbus Pharmaceuticals Holdings, Inc. (A) | &nbsp;&nbsp;256 | &nbsp;&nbsp;&nbsp;&nbsp;3238 |
| Corvus Pharmaceuticals, Inc. (A) | 1381 | &nbsp;&nbsp;&nbsp;10178 |
| Crescent Biopharma, Inc. (A) | &nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp;3508 |
| CRISPR Therapeutics AG (A)(C) | 1485 | &nbsp;&nbsp;&nbsp;96243 |
| Cullinan Therapeutics, Inc. (A) | 1200 | &nbsp;&nbsp;&nbsp;&nbsp;7116 |
| Cyteir Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Cytokinetics, Inc. (A) | 1961 | 107777 |
| CytomX Therapeutics, Inc. (A) | 2895 | &nbsp;&nbsp;&nbsp;&nbsp;9235 |
| Day One Biopharmaceuticals, Inc. (A) | 1845 | &nbsp;&nbsp;&nbsp;13007 |
| Denali Therapeutics, Inc. (A) | 2520 | &nbsp;&nbsp;&nbsp;36590 |
| DiaMedica Therapeutics, Inc. (A) | 1008 | &nbsp;&nbsp;&nbsp;&nbsp;6925 |
| Dianthus Therapeutics, Inc. (A) | &nbsp;&nbsp;538 | &nbsp;&nbsp;&nbsp;21170 |
| Disc Medicine, Inc. (A) | &nbsp;&nbsp;577 | &nbsp;&nbsp;&nbsp;38128 |
| Dynavax Technologies Corp. (A) | 2013 | &nbsp;&nbsp;&nbsp;19989 |
| Dyne Therapeutics, Inc. (A) | 2348 | &nbsp;&nbsp;&nbsp;29702 |
| Editas Medicine, Inc. (A) | 1710 | &nbsp;&nbsp;&nbsp;&nbsp;5934 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Eledon Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1394 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3610 |
| Elicio Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3785 |
| Emergent BioSolutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7938 |
| Enanta Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5782 |
| Entrada Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5609 |
| Equillium, Inc. (A) | &nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1712 |
| Erasca, Inc. (A) | &nbsp;&nbsp;5564 | &nbsp;&nbsp;&nbsp;&nbsp;12130 |
| Exact Sciences Corp. (A) | &nbsp;&nbsp;3083 | &nbsp;&nbsp;&nbsp;&nbsp;168671 |
| Exagen, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4847 |
| Exelixis, Inc. (A) | &nbsp;&nbsp;4363 | &nbsp;&nbsp;&nbsp;&nbsp;180192 |
| Fate Therapeutics, Inc. (A) | &nbsp;&nbsp;2598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3273 |
| Flexion Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 |
| Fortress Biotech, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2690 |
| Galectin Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;1177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4985 |
| Geron Corp. (A) | 10825 | &nbsp;&nbsp;&nbsp;&nbsp;14830 |
| Gilead Sciences, Inc. | 20179 | 2239869 |
| Gossamer Bio, Inc. (A) | &nbsp;&nbsp;3923 | &nbsp;&nbsp;&nbsp;&nbsp;10317 |
| GRAIL, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;593 | &nbsp;&nbsp;&nbsp;&nbsp;35064 |
| GTX Corp. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Gyre Therapeutics, Inc. (A) | &nbsp;&nbsp;1460 | &nbsp;&nbsp;&nbsp;&nbsp;10892 |
| Halozyme Therapeutics, Inc. (A) | &nbsp;&nbsp;1892 | &nbsp;&nbsp;&nbsp;&nbsp;138759 |
| Heron Therapeutics, Inc. (A) | &nbsp;&nbsp;3008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3790 |
| Humacyte, Inc. (A)(C) | &nbsp;&nbsp;2855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4968 |
| Icosavax, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 |
| Ideaya Biosciences, Inc. (A) | &nbsp;&nbsp;1509 | &nbsp;&nbsp;&nbsp;&nbsp;41060 |
| Immuneering Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4571 |
| Immunic, Inc. (A) | &nbsp;&nbsp;3485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3072 |
| ImmunityBio, Inc. (A) | 15513 | &nbsp;&nbsp;&nbsp;&nbsp;38162 |
| Immunome, Inc. (A) | &nbsp;&nbsp;1498 | &nbsp;&nbsp;&nbsp;&nbsp;17542 |
| Immunovant, Inc. (A) | &nbsp;&nbsp;2973 | &nbsp;&nbsp;&nbsp;&nbsp;47925 |
| Incyte Corp. (A) | &nbsp;&nbsp;3164 | &nbsp;&nbsp;&nbsp;&nbsp;268339 |
| Inhibrx Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9902 |
| Inhibrx, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463 |
| Inmune Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536 |
| Inovio Pharmaceuticals, Inc. (A)(C) | &nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2574 |
| Insmed, Inc. (A) | &nbsp;&nbsp;3439 | &nbsp;&nbsp;&nbsp;&nbsp;495250 |
| Instil Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250 |
| Intellia Therapeutics, Inc. (A) | &nbsp;&nbsp;1787 | &nbsp;&nbsp;&nbsp;&nbsp;30861 |
| Invivyd, Inc. (A) | &nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3801 |
| Ionis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2606 | &nbsp;&nbsp;&nbsp;&nbsp;170485 |
| Iovance Biotherapeutics, Inc. (A)(C) | &nbsp;&nbsp;6031 | &nbsp;&nbsp;&nbsp;&nbsp;13087 |
| Ironwood Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;3111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4075 |
| iTeos Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 |
| Jade Biosciences, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5920 |
| Janux Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp;24416 |
| Jasper Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230 |
| KALA BIO, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243 |
| Kalaris Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2844 |
| KalVista Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;10938 |
| Keros Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;713 | &nbsp;&nbsp;&nbsp;&nbsp;11280 |
| Kiniksa Pharmaceuticals International PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp;28074 |
| Kinnate Biopharma, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 |
| Kodiak Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;931 | &nbsp;&nbsp;&nbsp;&nbsp;15240 |
| Korro Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8046 |
| Krystal Biotech, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp;82440 |
| Kura Oncology, Inc. (A) | &nbsp;&nbsp;1587 | &nbsp;&nbsp;&nbsp;&nbsp;14045 |
| Kymera Therapeutics, Inc. (A) | &nbsp;&nbsp;1180 | &nbsp;&nbsp;&nbsp;&nbsp;66788 |
| Kyverna Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5610 |
| Larimar Therapeutics, Inc. (A) | &nbsp;&nbsp;1566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5058 |
| Legend Biotech Corp., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652 |
| Lexeo Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6527 |
| Lexicon Pharmaceuticals, Inc. (A)(C) | &nbsp;&nbsp;6566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8864 |
| Lineage Cell Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;4427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7482 |
| Lite Strategy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1929 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| MacroGenics, Inc. (A) | 1659 | $&nbsp;&nbsp;&nbsp;&nbsp;2787 |
| Madrigal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;362 | 166035 |
| Magenta Therapeutics, Inc. (A)(B) | 2418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118 |
| MannKind Corp. (A) | 5110 | &nbsp;&nbsp;&nbsp;27441 |
| MeiraGTx Holdings PLC (A) | 1518 | &nbsp;&nbsp;&nbsp;12493 |
| Merrimack Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 |
| Metsera, Inc. (A)(C) | 1723 | &nbsp;&nbsp;&nbsp;90165 |
| MiMedx Group, Inc. (A) | 2665 | &nbsp;&nbsp;&nbsp;18602 |
| Mineralys Therapeutics, Inc. (A) | 1101 | &nbsp;&nbsp;&nbsp;41750 |
| Mirati Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;902 | &nbsp;&nbsp;&nbsp;&nbsp;3189 |
| Mirum Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;819 | &nbsp;&nbsp;&nbsp;60041 |
| Moderna, Inc. (A) | 6344 | 163866 |
| Monopar Therapeutics, Inc. (A) | &nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;8739 |
| Monte Rosa Therapeutics, Inc. (A) | 1113 | &nbsp;&nbsp;&nbsp;&nbsp;8247 |
| Mural Oncology PLC (A) | &nbsp;&nbsp;689 | &nbsp;&nbsp;&nbsp;&nbsp;1426 |
| Myriad Genetics, Inc. (A) | 1602 | &nbsp;&nbsp;&nbsp;11582 |
| Natera, Inc. (A) | 2231 | 359124 |
| Neurocrine Biosciences, Inc. (A) | 1602 | 224889 |
| Neurogene, Inc. (A) | &nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp;4471 |
| Nkarta, Inc. (A) | 1562 | &nbsp;&nbsp;&nbsp;&nbsp;3233 |
| Novavax, Inc. (A) | 2644 | &nbsp;&nbsp;&nbsp;22923 |
| Nurix Therapeutics, Inc. (A) | 1355 | &nbsp;&nbsp;&nbsp;12520 |
| Nuvalent, Inc., Class A (A) | 1098 | &nbsp;&nbsp;&nbsp;94955 |
| Ocugen, Inc. (A)(C) | 5417 | &nbsp;&nbsp;&nbsp;&nbsp;8830 |
| Olema Pharmaceuticals, Inc. (A) | 1228 | &nbsp;&nbsp;&nbsp;12022 |
| Organogenesis Holdings, Inc. (A) | 2252 | &nbsp;&nbsp;&nbsp;&nbsp;9503 |
| ORIC Pharmaceuticals, Inc. (A) | 1662 | &nbsp;&nbsp;&nbsp;19944 |
| Oruka Therapeutics, Inc. (A) | &nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;12942 |
| OS Therapies, Inc. (A) | &nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;1431 |
| Ovid therapeutics, Inc. (A) | 1854 | &nbsp;&nbsp;&nbsp;&nbsp;2410 |
| Palvella Therapeutics, Inc. (A) | &nbsp;&nbsp;194 | &nbsp;&nbsp;&nbsp;12162 |
| Paratek Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 |
| Pardes Biosciences, Inc. (A)(B) | &nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21 |
| PDL BioPharma, Inc. (A)(B) | 1734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 |
| Perspective Therapeutics, Inc. (A) | 1405 | &nbsp;&nbsp;&nbsp;&nbsp;4819 |
| Plus Therapeutics, Inc. (A)(C) | 2232 | &nbsp;&nbsp;&nbsp;&nbsp;1526 |
| PMV Pharmaceuticals, Inc. (A)(C) | 1877 | &nbsp;&nbsp;&nbsp;&nbsp;2628 |
| Praxis Precision Medicines, Inc. (A) | &nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;18868 |
| Precigen, Inc. (A)(C) | 5020 | &nbsp;&nbsp;&nbsp;16516 |
| Prime Medicine, Inc. (A) | 2945 | &nbsp;&nbsp;&nbsp;16315 |
| ProKidney Corp. (A)(C) | 2412 | &nbsp;&nbsp;&nbsp;&nbsp;5837 |
| Protagonist Therapeutics, Inc. (A) | 1020 | &nbsp;&nbsp;&nbsp;67759 |
| Protalix BioTherapeutics, Inc. (A) | 1836 | &nbsp;&nbsp;&nbsp;&nbsp;4076 |
| Prothena Corp. PLC (A) | 1014 | &nbsp;&nbsp;&nbsp;&nbsp;9897 |
| PTC Therapeutics, Inc. (A) | 1291 | &nbsp;&nbsp;&nbsp;79229 |
| Puma Biotechnology, Inc. (A) | &nbsp;&nbsp;939 | &nbsp;&nbsp;&nbsp;&nbsp;4986 |
| Pyxis Oncology, Inc. (A) | 1384 | &nbsp;&nbsp;&nbsp;&nbsp;3072 |
| RAPT Therapeutics, Inc. (A) | &nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp;7840 |
| Recursion Pharmaceuticals, Inc., Class A (A)(C) | 7003 | &nbsp;&nbsp;&nbsp;34175 |
| Regeneron Pharmaceuticals, Inc. | 1692 | 951361 |
| REGENXBIO, Inc. (A) | &nbsp;&nbsp;915 | &nbsp;&nbsp;&nbsp;&nbsp;8830 |
| Regulus Therapeutics, Inc. (A)(B) | 1429 | &nbsp;&nbsp;&nbsp;&nbsp;1658 |
| Relay Therapeutics, Inc. (A) | 3133 | &nbsp;&nbsp;&nbsp;16354 |
| Replimune Group, Inc. (A) | 1382 | &nbsp;&nbsp;&nbsp;&nbsp;5791 |
| REVOLUTION Medicines, Inc. (A) | 3062 | 142995 |
| Rezolute, Inc. (A) | 1519 | &nbsp;&nbsp;&nbsp;14279 |
| Rhythm Pharmaceuticals, Inc. (A) | 1085 | 109574 |
| Rigel Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp;8442 |
| Rocket Pharmaceuticals, Inc. (A) | 2247 | &nbsp;&nbsp;&nbsp;&nbsp;7325 |
| Sage Therapeutics, Inc. (A)(B) | 1119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201 |
| Sagimet Biosciences, Inc., Class A (A) | &nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp;2723 |
| Sana Biotechnology, Inc. (A)(C) | 4436 | &nbsp;&nbsp;&nbsp;15748 |
| Sangamo Therapeutics, Inc. (A) | 5521 | &nbsp;&nbsp;&nbsp;&nbsp;3718 |
| Sarepta Therapeutics, Inc. (A) | 1603 | &nbsp;&nbsp;&nbsp;30890 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Biotechnology (continued)** | **Biotechnology (continued)** |  |
| Savara, Inc. (A) | &nbsp;&nbsp;3399 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12134 |
| Scholar Rock Holding Corp. (A) | &nbsp;&nbsp;1584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58988 |
| SELLAS Life Sciences Group, Inc. (A)(C) | &nbsp;&nbsp;2122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3416 |
| Seres Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3521 |
| Shattuck Labs, Inc. (A) | &nbsp;&nbsp;1031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2464 |
| Sionna Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22087 |
| Skye Bioscience, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2327 |
| Soleno Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58880 |
| Solid Biosciences, Inc. (A) | &nbsp;&nbsp;1367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8434 |
| Spectrum Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;3285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263 |
| Spero Therapeutics, Inc. (A) | &nbsp;&nbsp;1598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3004 |
| Spyre Therapeutics, Inc. (A) | &nbsp;&nbsp;1041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17447 |
| Stoke Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21338 |
| Summit Therapeutics, Inc. (A)(C) | 12117 | &nbsp;&nbsp;&nbsp;&nbsp;250337 |
| Syndax Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22293 |
| Synergy Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;6230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 |
| Tango Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;1877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15767 |
| Taysha Gene Therapies, Inc. (A) | &nbsp;&nbsp;4603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15052 |
| Tectonic Therapeutic, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5758 |
| Tectonic Therapeutic, Inc., CVR (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Tenaya Therapeutics, Inc. (A) | &nbsp;&nbsp;3030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4909 |
| TG Therapeutics, Inc. (A) | &nbsp;&nbsp;2583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93311 |
| Tonix Pharmaceuticals Holding Corp. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3552 |
| Tourmaline Bio, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20471 |
| Travere Therapeutics, Inc. (A) | &nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35014 |
| Twist Bioscience Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28084 |
| Tyra Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13794 |
| Ultragenyx Pharmaceutical, Inc. (A) | &nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48579 |
| Unicycive Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923 |
| United Therapeutics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;307700 |
| Upstream Bio, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17286 |
| UroGen Pharma, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15401 |
| Vanda Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6317 |
| Vaxcyte, Inc. (A) | &nbsp;&nbsp;2163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77911 |
| Vera Therapeutics, Inc. (A) | &nbsp;&nbsp;1063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30891 |
| Veracyte, Inc. (A) | &nbsp;&nbsp;1279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43908 |
| Verastem, Inc. (A) | &nbsp;&nbsp;1047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9245 |
| Vericel Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26466 |
| Vertex Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;4170 | &nbsp;&nbsp;&nbsp;1633139 |
| Verve Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;1589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001 |
| Vigil Neuroscience, Inc. (A)(B) | &nbsp;&nbsp;1011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 |
| Viking Therapeutics, Inc. (A) | &nbsp;&nbsp;1840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48355 |
| Vir Biotechnology, Inc. (A) | &nbsp;&nbsp;2581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14738 |
| Viridian Therapeutics, Inc. (A) | &nbsp;&nbsp;1395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30104 |
| Vistagen Therapeutics, Inc. (A) | &nbsp;&nbsp;1052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3735 |
| Vor Biopharma, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13154 |
| Voyager Therapeutics, Inc. (A) | &nbsp;&nbsp;1253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5852 |
| Walgreens Boots Alliance, Inc. (A)(B) | 14372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7617 |
| X4 Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999 |
| Xencor, Inc. (A) | &nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15531 |
| XOMA Royalty Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9635 |
| Zenas Biopharma, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16162 |
| Zentalis Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594 |
| Zymeworks, Inc. (A) | &nbsp;&nbsp;1365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23314 |
|  |  | 23228028 |
| **Health care equipment and supplies – 1.9%** | **Health care equipment and supplies – 1.9%** |  |
| Abbott Laboratories | 28336 | &nbsp;&nbsp;&nbsp;3795324 |
| ABIOMED, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12230 |
| Accuray, Inc. (A) | &nbsp;&nbsp;2732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4562 |
| Align Technology, Inc. (A) | &nbsp;&nbsp;1179 | &nbsp;&nbsp;&nbsp;&nbsp;147634 |
| Alphatec Holdings, Inc. (A) | &nbsp;&nbsp;2442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35507 |
| AngioDynamics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8556 |
| Artivion, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33703 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care equipment and supplies (continued)** | **Health care equipment and supplies (continued)** |  |
| AtriCure, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;831 | $&nbsp;&nbsp;&nbsp;&nbsp;29293 |
| Avanos Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;948 | &nbsp;&nbsp;&nbsp;&nbsp;10959 |
| Axogen, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;783 | &nbsp;&nbsp;&nbsp;&nbsp;13969 |
| Baxter International, Inc. | &nbsp;&nbsp;8366 | &nbsp;&nbsp;&nbsp;&nbsp;190494 |
| Becton, Dickinson and Company | &nbsp;&nbsp;4651 | &nbsp;&nbsp;&nbsp;&nbsp;870528 |
| Beta Bionics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp;14604 |
| Bioventus, Inc., Class A (A) | &nbsp;&nbsp;1285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8597 |
| Boston Scientific Corp. (A) | 24103 | 2353176 |
| Butterfly Network, Inc. (A) | &nbsp;&nbsp;4009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7737 |
| Carlsmed, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7954 |
| Catheter Precision, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1338 |
| Ceribell, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8618 |
| Cerus Corp. (A) | &nbsp;&nbsp;4951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872 |
| ClearPoint Neuro, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp;11876 |
| CONMED Corp. | &nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp;23750 |
| CVRx, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4326 |
| Delcath Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6719 |
| Dentsply Sirona, Inc. | &nbsp;&nbsp;3273 | &nbsp;&nbsp;&nbsp;&nbsp;41534 |
| DexCom, Inc. (A) | &nbsp;&nbsp;6380 | &nbsp;&nbsp;&nbsp;&nbsp;429310 |
| Edwards Lifesciences Corp. (A) | &nbsp;&nbsp;9542 | &nbsp;&nbsp;&nbsp;&nbsp;742081 |
| Electromed, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4370 |
| Embecta Corp. | &nbsp;&nbsp;&nbsp;&nbsp;996 | &nbsp;&nbsp;&nbsp;&nbsp;14054 |
| Enovis Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;954 | &nbsp;&nbsp;&nbsp;&nbsp;28944 |
| Envista Holdings Corp. (A) | &nbsp;&nbsp;2699 | &nbsp;&nbsp;&nbsp;&nbsp;54979 |
| Establishment Labs Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533 |
| GE HealthCare Technologies, Inc. | &nbsp;&nbsp;7414 | &nbsp;&nbsp;&nbsp;&nbsp;556791 |
| Glaukos Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;933 | &nbsp;&nbsp;&nbsp;&nbsp;76086 |
| Globus Medical, Inc., Class A (A) | &nbsp;&nbsp;1817 | &nbsp;&nbsp;&nbsp;&nbsp;104060 |
| Haemonetics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;786 | &nbsp;&nbsp;&nbsp;&nbsp;38310 |
| Hologic, Inc. (A) | &nbsp;&nbsp;3602 | &nbsp;&nbsp;&nbsp;&nbsp;243099 |
| ICU Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;406 | &nbsp;&nbsp;&nbsp;&nbsp;48704 |
| IDEXX Laboratories, Inc. (A) | &nbsp;&nbsp;1301 | &nbsp;&nbsp;&nbsp;&nbsp;831196 |
| Inogen, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4681 |
| Inspire Medical Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;&nbsp;&nbsp;35913 |
| Insulet Corp. (A) | &nbsp;&nbsp;1144 | &nbsp;&nbsp;&nbsp;&nbsp;353187 |
| Integer Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;557 | &nbsp;&nbsp;&nbsp;&nbsp;57555 |
| Integra LifeSciences Holdings Corp. (A) | &nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;&nbsp;18973 |
| Intuitive Surgical, Inc. (A) | &nbsp;&nbsp;5835 | 2609587 |
| iRadimed Corp. | &nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp;17434 |
| iRhythm Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;524 | &nbsp;&nbsp;&nbsp;&nbsp;90123 |
| Kestra Medical Technologies, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;20933 |
| Lantheus Holdings, Inc. (A) | &nbsp;&nbsp;1106 | &nbsp;&nbsp;&nbsp;&nbsp;56727 |
| LeMaitre Vascular, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;376 | &nbsp;&nbsp;&nbsp;&nbsp;32904 |
| LivaNova PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;885 | &nbsp;&nbsp;&nbsp;&nbsp;46356 |
| Lucid Diagnostics, Inc. (A) | &nbsp;&nbsp;2971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3001 |
| Masimo Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;886 | &nbsp;&nbsp;&nbsp;&nbsp;130729 |
| Medtronic PLC | 20852 | 1985944 |
| Merit Medical Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;78569 |
| Microbot Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2693 |
| Monogram Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5095 |
| Myomo, Inc. (A) | &nbsp;&nbsp;1378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1229 |
| Neogen Corp. (A) | &nbsp;&nbsp;3748 | &nbsp;&nbsp;&nbsp;&nbsp;21401 |
| Neuronetics, Inc. (A) | &nbsp;&nbsp;1272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3473 |
| NeuroPace, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6732 |
| Omnicell, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;23233 |
| OraSure Technologies, Inc. (A) | &nbsp;&nbsp;2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6516 |
| Orthofix Medical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;819 | &nbsp;&nbsp;&nbsp;&nbsp;11990 |
| OrthoPediatrics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9432 |
| Outset Medical, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4716 |
| Paragon 28, Inc. (A)(B) | &nbsp;&nbsp;1430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129 |
| Penumbra, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;632 | &nbsp;&nbsp;&nbsp;&nbsp;160098 |
| PROCEPT BioRobotics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp;32799 |
| Pro-Dex, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2606 |
| Pulse Biosciences, Inc. (A)(C) | &nbsp;&nbsp;1161 | &nbsp;&nbsp;&nbsp;&nbsp;20550 |
| QuidelOrtho Corp. (A) | &nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;33043 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care equipment and supplies (continued)** | **Health care equipment and supplies (continued)** |  |
| ResMed, Inc. | &nbsp;&nbsp;2378 | $&nbsp;&nbsp;&nbsp;&nbsp;650930 |
| Rockwell Medical, Inc. (A) | &nbsp;&nbsp;1101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1321 |
| RxSight, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6958 |
| SANUWAVE Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5959 |
| Semler Scientific, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7590 |
| Senseonics Holdings, Inc. (A) | 15414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6717 |
| Sharps Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2836 |
| Shoulder Innovations, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4807 |
| SI-BONE, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11496 |
| Solventum Corp. (A) | &nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp;206225 |
| STAAR Surgical Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22168 |
| Stereotaxis, Inc. (A) | &nbsp;&nbsp;2305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7169 |
| STERIS PLC | &nbsp;&nbsp;1599 | &nbsp;&nbsp;&nbsp;&nbsp;395657 |
| Streamex Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3465 |
| Stryker Corp. | &nbsp;&nbsp;6224 | &nbsp;&nbsp;&nbsp;2300826 |
| Surmodics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8668 |
| Tactile Systems Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6519 |
| Tandem Diabetes Care, Inc. (A) | &nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13997 |
| Teleflex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87243 |
| The Cooper Companies, Inc. (A) | &nbsp;&nbsp;3229 | &nbsp;&nbsp;&nbsp;&nbsp;221380 |
| TransMedics Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62047 |
| Treace Medical Concepts, Inc. (A) | &nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8220 |
| UFP Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25150 |
| Varex Imaging Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9474 |
| Zimmer Biomet Holdings, Inc. | &nbsp;&nbsp;3203 | &nbsp;&nbsp;&nbsp;&nbsp;315496 |
| Zimvie, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11061 |
|  |  | 21115107 |
| **Health care providers and services – 1.6%** | **Health care providers and services – 1.6%** |  |
| Acadia Healthcare Company, Inc. (A) | &nbsp;&nbsp;1496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37041 |
| Aceto Corp. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| AdaptHealth Corp. (A) | &nbsp;&nbsp;2252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20155 |
| Addus HomeCare Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35751 |
| agilon health, Inc. (A) | &nbsp;&nbsp;7316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7535 |
| AirSculpt Technologies, Inc. (A)(C) | &nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9191 |
| Alignment Healthcare, Inc. (A) | &nbsp;&nbsp;3272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57096 |
| AMN Healthcare Services, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12778 |
| Ardent Health, Inc. (A) | &nbsp;&nbsp;2369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31389 |
| Astrana Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24126 |
| Aveanna Healthcare Holdings, Inc. (A) | &nbsp;&nbsp;3501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31054 |
| Biodesix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1963 |
| BrightSpring Health Services, Inc. (A) | &nbsp;&nbsp;2894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85547 |
| Brookdale Senior Living, Inc. (A) | &nbsp;&nbsp;3999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33872 |
| Cardinal Health, Inc. | &nbsp;&nbsp;3867 | &nbsp;&nbsp;&nbsp;&nbsp;606964 |
| Castle Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11522 |
| Cencora, Inc. | &nbsp;&nbsp;3144 | &nbsp;&nbsp;&nbsp;&nbsp;982594 |
| Centene Corp. (A) | &nbsp;&nbsp;8001 | &nbsp;&nbsp;&nbsp;&nbsp;285476 |
| Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;105667 |
| Clover Health Investments Corp. (A) | &nbsp;&nbsp;7017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21472 |
| Community Health Systems, Inc. (A) | &nbsp;&nbsp;2556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8205 |
| Concentra Group Holdings Parent, Inc. | &nbsp;&nbsp;2138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44748 |
| CorVel Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66194 |
| Cross Country Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9045 |
| CVS Health Corp. | 20639 | &nbsp;&nbsp;&nbsp;1555974 |
| DaVita, Inc. (A) | &nbsp;&nbsp;1156 | &nbsp;&nbsp;&nbsp;&nbsp;153598 |
| Elevance Health, Inc. | &nbsp;&nbsp;3661 | &nbsp;&nbsp;&nbsp;1182942 |
| Encompass Health Corp. | &nbsp;&nbsp;1611 | &nbsp;&nbsp;&nbsp;&nbsp;204629 |
| Enhabit, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7666 |
| Fulgent Genetics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13266 |
| GeneDx Holdings Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50422 |
| Guardant Health, Inc. (A) | &nbsp;&nbsp;2034 | &nbsp;&nbsp;&nbsp;&nbsp;127084 |
| HCA Healthcare, Inc. | &nbsp;&nbsp;3804 | &nbsp;&nbsp;&nbsp;1621265 |
| HealthEquity, Inc. (A) | &nbsp;&nbsp;1401 | &nbsp;&nbsp;&nbsp;&nbsp;132773 |
| Henry Schein, Inc. (A) | &nbsp;&nbsp;1946 | &nbsp;&nbsp;&nbsp;&nbsp;129156 |
| Hims & Hers Health, Inc. (A) | &nbsp;&nbsp;3541 | &nbsp;&nbsp;&nbsp;&nbsp;200846 |
| Hinge Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22135 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Health care providers and services (continued)** | **Health care providers and services (continued)** |  |
| Humana, Inc. | &nbsp;&nbsp;1956 | $&nbsp;&nbsp;&nbsp;&nbsp;508893 |
| InfuSystem Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4372 |
| Innovage Holding Corp. (A) | &nbsp;&nbsp;1986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10248 |
| Kindly MD, Inc. (A)(C) | &nbsp;&nbsp;6228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6664 |
| Labcorp Holdings, Inc. | &nbsp;&nbsp;1343 | &nbsp;&nbsp;&nbsp;&nbsp;385522 |
| LifeStance Health Group, Inc. (A) | &nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36025 |
| McKesson Corp. | &nbsp;&nbsp;2022 | &nbsp;&nbsp;&nbsp;1562076 |
| Molina Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;168588 |
| National HealthCare Corp. | &nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32079 |
| National Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6186 |
| NeoGenomics, Inc. (A) | &nbsp;&nbsp;2227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17192 |
| Nutex Health, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9712 |
| Omada Health, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21557 |
| OPKO Health, Inc. (A) | 14646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22701 |
| Option Care Health, Inc. (A) | &nbsp;&nbsp;2613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72537 |
| Owens & Minor, Inc. (A) | &nbsp;&nbsp;1406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6749 |
| PACS Group, Inc. (A) | &nbsp;&nbsp;2624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36028 |
| Pediatrix Medical Group, Inc. (A) | &nbsp;&nbsp;1452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24321 |
| Performant Healthcare, Inc. (A) | &nbsp;&nbsp;1468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11348 |
| Premier, Inc., Class A | &nbsp;&nbsp;1345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37391 |
| Privia Health Group, Inc. (A) | &nbsp;&nbsp;2046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50945 |
| Progyny, Inc. (A) | &nbsp;&nbsp;1421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30580 |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;1805 | &nbsp;&nbsp;&nbsp;&nbsp;343997 |
| Quipt Home Medical Corp. (A) | &nbsp;&nbsp;1291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3370 |
| RadNet, Inc. (A) | &nbsp;&nbsp;1251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95339 |
| Select Medical Holdings Corp. | &nbsp;&nbsp;2101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26977 |
| Sonida Senior Living, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8371 |
| Surgery Partners, Inc. (A) | &nbsp;&nbsp;2108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45617 |
| Talkspace, Inc. (A) | &nbsp;&nbsp;3056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8435 |
| Tenet Healthcare Corp. (A) | &nbsp;&nbsp;1432 | &nbsp;&nbsp;&nbsp;&nbsp;290753 |
| The Cigna Group | &nbsp;&nbsp;4338 | &nbsp;&nbsp;&nbsp;1250429 |
| The Ensign Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;161022 |
| The Oncology Institute, Inc. (A) | &nbsp;&nbsp;1638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717 |
| The Pennant Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15939 |
| UnitedHealth Group, Inc. | 14740 | &nbsp;&nbsp;&nbsp;5089722 |
| Universal Health Services, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;183996 |
| US Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22597 |
| Viemed Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6756 |
|  |  | 18551892 |
| **Health care technology – 0.1%** | **Health care technology – 0.1%** |  |
| CareCloud, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2770 |
| Certara, Inc. (A) | &nbsp;&nbsp;2688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32847 |
| Claritev Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14809 |
| Definitive Healthcare Corp. (A) | &nbsp;&nbsp;2206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8956 |
| Doximity, Inc., Class A (A) | &nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp;162320 |
| Evolent Health, Inc., Class A (A) | &nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16776 |
| GoodRx Holdings, Inc., Class A (A) | &nbsp;&nbsp;1818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7690 |
| Health Catalyst, Inc. (A) | &nbsp;&nbsp;1793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5110 |
| HealthStream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15701 |
| LifeMD, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717 |
| OneMedNet Corp. (A) | &nbsp;&nbsp;1273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1388 |
| OptimizeRx Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7032 |
| Phreesia, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23449 |
| Schrodinger, Inc. (A) | &nbsp;&nbsp;1098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22026 |
| Simulations Plus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5787 |
| Teladoc Health, Inc. (A) | &nbsp;&nbsp;2965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22919 |
| TruBridge, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6233 |
| Veeva Systems, Inc., Class A (A) | &nbsp;&nbsp;2668 | &nbsp;&nbsp;&nbsp;&nbsp;794824 |
| Waystar Holding Corp. (A) | &nbsp;&nbsp;2840 | &nbsp;&nbsp;&nbsp;&nbsp;107693 |
|  |  | &nbsp;&nbsp;&nbsp;1264047 |
| **Life sciences tools and services – 0.8%** | **Life sciences tools and services – 0.8%** |  |
| 10X Genomics, Inc., Class A (A) | &nbsp;&nbsp;1904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22258 |
| Adaptive Biotechnologies Corp. (A) | &nbsp;&nbsp;2537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37954 |
| Agilent Technologies, Inc. | &nbsp;&nbsp;4591 | &nbsp;&nbsp;&nbsp;&nbsp;589255 |
| Avantor, Inc. (A) | 11011 | &nbsp;&nbsp;&nbsp;&nbsp;137417 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Life sciences tools and services (continued)** | **Life sciences tools and services (continued)** |  |
| Azenta, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;774 | $&nbsp;&nbsp;&nbsp;&nbsp;22229 |
| BioLife Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;812 | &nbsp;&nbsp;&nbsp;&nbsp;20714 |
| Bio-Rad Laboratories, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;358 | &nbsp;&nbsp;&nbsp;&nbsp;100380 |
| Bio-Techne Corp. | &nbsp;&nbsp;2509 | &nbsp;&nbsp;&nbsp;&nbsp;139576 |
| Bruker Corp. | &nbsp;&nbsp;2465 | &nbsp;&nbsp;&nbsp;&nbsp;80088 |
| Charles River Laboratories International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp;124386 |
| Codexis, Inc. (A) | &nbsp;&nbsp;1938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4729 |
| CryoPort, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9015 |
| Cytek Biosciences, Inc. (A) | &nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8193 |
| Danaher Corp. | 11645 | 2308738 |
| Fortrea Holdings, Inc. (A) | &nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp;12798 |
| Ginkgo Bioworks Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;804 | &nbsp;&nbsp;&nbsp;&nbsp;11722 |
| Illumina, Inc. (A) | &nbsp;&nbsp;2492 | &nbsp;&nbsp;&nbsp;&nbsp;236665 |
| IQVIA Holdings, Inc. (A) | &nbsp;&nbsp;2756 | &nbsp;&nbsp;&nbsp;&nbsp;523475 |
| Lifecore Biomedical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5645 |
| Maravai LifeSciences Holdings, Inc., Class A (A) | &nbsp;&nbsp;2776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7967 |
| MaxCyte, Inc. (A) | &nbsp;&nbsp;2754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4351 |
| Medpace Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp;233429 |
| Mesa Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7170 |
| Mettler-Toledo International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp;408794 |
| Niagen Bioscience, Inc. (A) | &nbsp;&nbsp;1332 | &nbsp;&nbsp;&nbsp;&nbsp;12428 |
| OmniAb, Inc., $12.50 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116 |
| OmniAb, Inc., $15.00 Earnout Shares (A) | &nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107 |
| Pacific Biosciences of California, Inc. (A)(C) | &nbsp;&nbsp;5335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6829 |
| Personalis, Inc. (A)(C) | &nbsp;&nbsp;1531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9982 |
| Quanterix Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5126 |
| Quantum-Si, Inc. (A) | &nbsp;&nbsp;3278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4622 |
| Repligen Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;911 | &nbsp;&nbsp;&nbsp;&nbsp;121773 |
| Revvity, Inc. | &nbsp;&nbsp;1871 | &nbsp;&nbsp;&nbsp;&nbsp;163993 |
| Sotera Health Company (A) | &nbsp;&nbsp;4696 | &nbsp;&nbsp;&nbsp;&nbsp;73868 |
| Standard BioTools, Inc. (A) | &nbsp;&nbsp;7134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9274 |
| Tempus AI, Inc. (A) | &nbsp;&nbsp;2745 | &nbsp;&nbsp;&nbsp;&nbsp;221549 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;6140 | 2978023 |
| Waters Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;962 | &nbsp;&nbsp;&nbsp;&nbsp;288417 |
| West Pharmaceutical Services, Inc. | &nbsp;&nbsp;1171 | &nbsp;&nbsp;&nbsp;&nbsp;307188 |
|  |  | 9260243 |
| **Pharmaceuticals – 2.6%** | **Pharmaceuticals – 2.6%** |  |
| Aardvark Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5582 |
| Aclaris Therapeutics, Inc. (A) | &nbsp;&nbsp;2323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4414 |
| Alexza Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 |
| ALT5 Sigma Corp. (A) | &nbsp;&nbsp;2083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5603 |
| Alumis, Inc. (A)(C) | &nbsp;&nbsp;1683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6715 |
| Amneal Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;5256 | &nbsp;&nbsp;&nbsp;&nbsp;52613 |
| Amphastar Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;771 | &nbsp;&nbsp;&nbsp;&nbsp;20547 |
| Amylyx Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1516 | &nbsp;&nbsp;&nbsp;&nbsp;20602 |
| ANI Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;&nbsp;&nbsp;31968 |
| Aquestive Therapeutics, Inc. (A) | &nbsp;&nbsp;2119 | &nbsp;&nbsp;&nbsp;&nbsp;11845 |
| Arvinas, Inc. (A) | &nbsp;&nbsp;1338 | &nbsp;&nbsp;&nbsp;&nbsp;11400 |
| Aspire Biopharma Holdings, Inc. (A) | &nbsp;&nbsp;1558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 |
| Atea Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;2137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6197 |
| Axsome Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;814 | &nbsp;&nbsp;&nbsp;&nbsp;98860 |
| Belite Bio, Inc., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406 |
| Bristol-Myers Squibb Company | 33101 | 1492855 |
| Cassava Sciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2657 |
| CinCor Pharma, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2166 |
| Clearside Biomedical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1302 |
| Cognition Therapeutics, Inc. (A) | &nbsp;&nbsp;1629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199 |
| Collegium Pharmaceutical, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp;&nbsp;&nbsp;18265 |
| Contineum Therapeutics, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Corcept Therapeutics, Inc. (A) | &nbsp;&nbsp;1721 | $&nbsp;&nbsp;&nbsp;&nbsp;143032 |
| CorMedix, Inc. (A)(C) | &nbsp;&nbsp;1241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14433 |
| Crinetics Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65266 |
| Dare Bioscience, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1682 |
| Edgewise Therapeutics, Inc. (A) | &nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28742 |
| Elanco Animal Health, Inc. (A) | &nbsp;&nbsp;8070 | &nbsp;&nbsp;&nbsp;&nbsp;162530 |
| Eli Lilly & Company | 15407 | 11755541 |
| Enliven Therapeutics, Inc. (A) | &nbsp;&nbsp;1028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21043 |
| Esperion Therapeutics, Inc. (A) | &nbsp;&nbsp;3472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9201 |
| Eton Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10583 |
| Evolus, Inc. (A) | &nbsp;&nbsp;1208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7417 |
| EyePoint Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16775 |
| Fulcrum Therapeutics, Inc. (A) | &nbsp;&nbsp;1005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9246 |
| Harmony Biosciences Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26375 |
| Harrow, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29293 |
| Imara, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92 |
| Indivior PLC (A) | &nbsp;&nbsp;2041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49209 |
| Innoviva, Inc. (A) | &nbsp;&nbsp;1064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19418 |
| Jazz Pharmaceuticals PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;982 | &nbsp;&nbsp;&nbsp;&nbsp;129428 |
| Johnson & Johnson | 39196 | &nbsp;&nbsp;&nbsp;7267722 |
| LENZ Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22684 |
| Ligand Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57216 |
| Liquidia Corp. (A) | &nbsp;&nbsp;1419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32268 |
| Maze Therapeutics, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19188 |
| MBX Biosciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10885 |
| Merck & Company, Inc. | 40629 | &nbsp;&nbsp;&nbsp;3409992 |
| Mind Medicine MindMed, Inc. (A)(C) | &nbsp;&nbsp;1308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15421 |
| Nektar Therapeutics (A) | &nbsp;&nbsp;&nbsp;&nbsp;318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18094 |
| Neumora Therapeutics, Inc. (A) | &nbsp;&nbsp;3212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5846 |
| NRX Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1746 |
| Nuvation Bio, Inc. (A) | &nbsp;&nbsp;5813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21508 |
| Ocular Therapeutix, Inc. (A) | &nbsp;&nbsp;2884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33714 |
| Oculis Holding AG (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1791 |
| Omeros Corp. (A) | &nbsp;&nbsp;1298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5322 |
| Opiant Pharmaceuticals, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 |
| Optinose, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138 |
| Organon & Company | &nbsp;&nbsp;4239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45273 |
| Pacira BioSciences, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19482 |
| Perrigo Company PLC | &nbsp;&nbsp;2231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49684 |
| Pfizer, Inc. | 92367 | &nbsp;&nbsp;&nbsp;2353511 |
| Phathom Pharmaceuticals, Inc. (A)(C) | &nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14030 |
| Phibro Animal Health Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14040 |
| Pliant Therapeutics, Inc. (A) | &nbsp;&nbsp;1714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2537 |
| Poseida Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;1586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793 |
| Prestige Consumer Healthcare, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49546 |
| Prevail Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1516 |
| Rapport Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18711 |
| Relmada Therapeutics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1660 |
| Royalty Pharma PLC, Class A | &nbsp;&nbsp;7011 | &nbsp;&nbsp;&nbsp;&nbsp;247348 |
| Scilex Holding Company (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480 |
| scPharmaceuticals, Inc. (A) | &nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6538 |
| Septerna, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14691 |
| SIGA Technologies, Inc. | &nbsp;&nbsp;1206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11035 |
| Structure Therapeutics, Inc., ADR (A) | &nbsp;&nbsp;&nbsp;&nbsp;29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812 |
| Supernus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43537 |
| Tarsus Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41363 |
| Telomir Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1408 |
| Terns Pharmaceuticals, Inc. (A) | &nbsp;&nbsp;1553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11663 |
| Theravance Biopharma, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14571 |
| Tilray Brands, Inc. (A)(C) | 18250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31573 |
| Tobira Therapeutics, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Trevi Therapeutics, Inc. (A) | &nbsp;&nbsp;2079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19023 |
| Ventyx Biosciences, Inc. (A) | &nbsp;&nbsp;1393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4332 |
| Viatris, Inc. | 18892 | &nbsp;&nbsp;&nbsp;&nbsp;187031 |
| Xeris Biopharma Holdings, Inc. (A) | &nbsp;&nbsp;2688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21880 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |  |
| Zevra Therapeutics, Inc. (A) | &nbsp;&nbsp;1050 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9986 |
| Zoetis, Inc. | &nbsp;&nbsp;7201 | &nbsp;&nbsp;&nbsp;&nbsp;1053650 |
|  |  | &nbsp;&nbsp;&nbsp;29519091 |
|  |  | 102938408 |
| **Industrials – 9.2%** |  |  |
| **Aerospace and defense – 2.2%** | **Aerospace and defense – 2.2%** |  |
| AAR Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53712 |
| AeroVironment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256006 |
| AerSale Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7674 |
| AIRO Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8986 |
| Archer Aviation, Inc., Class A (A) | 10530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100877 |
| Astronics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23945 |
| ATI, Inc. (A) | &nbsp;&nbsp;2233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181632 |
| Axon Enterprise, Inc. (A) | &nbsp;&nbsp;1278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917144 |
| BWX Technologies, Inc. | &nbsp;&nbsp;1486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273974 |
| Byrna Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8554 |
| Cadre Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25520 |
| Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;&nbsp;612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332279 |
| Ducommun, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25282 |
| Eve Holding, Inc. (A)(C) | &nbsp;&nbsp;5290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20155 |
| General Dynamics Corp. | &nbsp;&nbsp;4376 | &nbsp;&nbsp;&nbsp;&nbsp;1492216 |
| General Electric Company | 17259 | &nbsp;&nbsp;&nbsp;&nbsp;5191852 |
| HEICO Corp. | &nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272783 |
| HEICO Corp., Class A | &nbsp;&nbsp;1444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366906 |
| Hexcel Corp. | &nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80758 |
| Howmet Aerospace, Inc. | &nbsp;&nbsp;6557 | &nbsp;&nbsp;&nbsp;&nbsp;1286680 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182535 |
| Innovative Solutions and Support, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4734 |
| Intuitive Machines, Inc. (A) | &nbsp;&nbsp;1946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20472 |
| Karman Holdings, Inc. (A) | &nbsp;&nbsp;2168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156530 |
| Kratos Defense & Security Solutions, Inc. (A) | &nbsp;&nbsp;2754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251633 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;3039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928141 |
| Leonardo DRS, Inc. | &nbsp;&nbsp;4363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198080 |
| Loar Holdings, Inc. (A) | &nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122400 |
| Lockheed Martin Corp. | &nbsp;&nbsp;3798 | &nbsp;&nbsp;&nbsp;&nbsp;1896000 |
| Mercury Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76394 |
| Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96567 |
| National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15028 |
| Northrop Grumman Corp. | &nbsp;&nbsp;2331 | &nbsp;&nbsp;&nbsp;&nbsp;1420325 |
| Redwire Corp. (A)(C) | &nbsp;&nbsp;2404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21612 |
| Rocket Lab Corp. (A) | &nbsp;&nbsp;7858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376477 |
| RTX Corp. | 21794 | &nbsp;&nbsp;&nbsp;&nbsp;3646790 |
| Spirit AeroSystems Holdings, Inc., Class A (A) | &nbsp;&nbsp;1942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74961 |
| StandardAero, Inc. (A) | &nbsp;&nbsp;5476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149440 |
| Textron, Inc. | &nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242233 |
| The Boeing Company (A) | 12309 | &nbsp;&nbsp;&nbsp;&nbsp;2656651 |
| TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;1208624 |
| V2X, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31252 |
| Virgin Galactic Holdings, Inc. (A)(C) | &nbsp;&nbsp;1156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4462 |
| Voyager Technologies, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26385 |
| VSE Corp. | &nbsp;&nbsp;&nbsp;&nbsp;337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56023 |
| Woodward, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246140 |
|  |  | &nbsp;&nbsp;&nbsp;25036824 |
| **Air freight and logistics – 0.2%** | **Air freight and logistics – 0.2%** |  |
| CH Robinson Worldwide, Inc. | &nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255532 |
| Expeditors International of Washington, Inc. | &nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272027 |
| FedEx Corp. | &nbsp;&nbsp;3841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905746 |
| Forward Air Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13512 |
| GXO Logistics, Inc. (A) | &nbsp;&nbsp;1894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100174 |
| Hub Group, Inc., Class A | &nbsp;&nbsp;1073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36954 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Air freight and logistics (continued)** | **Air freight and logistics (continued)** |  |
| United Parcel Service, Inc., Class B | 12001 | $1002444 |
|  |  | 2586389 |
| **Building products – 0.6%** | **Building products – 0.6%** |  |
| A.O. Smith Corp. | &nbsp;&nbsp;1826 | &nbsp;&nbsp;&nbsp;&nbsp;134047 |
| AAON, Inc. | &nbsp;&nbsp;1334 | &nbsp;&nbsp;&nbsp;&nbsp;124649 |
| Advanced Drainage Systems, Inc. | &nbsp;&nbsp;1264 | &nbsp;&nbsp;&nbsp;&nbsp;175317 |
| Allegion PLC | &nbsp;&nbsp;1380 | &nbsp;&nbsp;&nbsp;&nbsp;244743 |
| American Woodmark Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;16690 |
| Apogee Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;17341 |
| Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp;137011 |
| AZZ, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp;53474 |
| Builders FirstSource, Inc. (A) | &nbsp;&nbsp;1792 | &nbsp;&nbsp;&nbsp;&nbsp;217280 |
| Carlisle Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;693 | &nbsp;&nbsp;&nbsp;&nbsp;227969 |
| Carrier Global Corp. | 13865 | &nbsp;&nbsp;&nbsp;&nbsp;827741 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;272 | &nbsp;&nbsp;&nbsp;&nbsp;66028 |
| Fortune Brands Innovations, Inc. | &nbsp;&nbsp;1936 | &nbsp;&nbsp;&nbsp;&nbsp;103363 |
| Gibraltar Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;508 | &nbsp;&nbsp;&nbsp;&nbsp;31902 |
| Griffon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp;57493 |
| Hayward Holdings, Inc. (A) | &nbsp;&nbsp;3566 | &nbsp;&nbsp;&nbsp;&nbsp;53918 |
| Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp;13649 |
| Janus International Group, Inc. (A) | &nbsp;&nbsp;2348 | &nbsp;&nbsp;&nbsp;&nbsp;23175 |
| JELD-WEN Holding, Inc. (A) | &nbsp;&nbsp;1719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8440 |
| Johnson Controls International PLC | 10643 | 1170198 |
| Lennox International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;569 | &nbsp;&nbsp;&nbsp;&nbsp;301206 |
| Masco Corp. | &nbsp;&nbsp;3374 | &nbsp;&nbsp;&nbsp;&nbsp;237496 |
| Masterbrand, Inc. (A) | &nbsp;&nbsp;2297 | &nbsp;&nbsp;&nbsp;&nbsp;30251 |
| Owens Corning | &nbsp;&nbsp;1349 | &nbsp;&nbsp;&nbsp;&nbsp;190830 |
| Quanex Building Products Corp. | &nbsp;&nbsp;&nbsp;&nbsp;837 | &nbsp;&nbsp;&nbsp;&nbsp;11902 |
| Resideo Technologies, Inc. (A) | &nbsp;&nbsp;2444 | &nbsp;&nbsp;&nbsp;&nbsp;105532 |
| Simpson Manufacturing Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;114040 |
| Trane Technologies PLC | &nbsp;&nbsp;3618 | 1526651 |
| Trex Company, Inc. (A) | &nbsp;&nbsp;1745 | &nbsp;&nbsp;&nbsp;&nbsp;90164 |
| UFP Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;989 | &nbsp;&nbsp;&nbsp;&nbsp;92462 |
| Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;2754 | &nbsp;&nbsp;&nbsp;&nbsp;129521 |
|  |  | 6534483 |
| **Commercial services and supplies – 0.6%** | **Commercial services and supplies – 0.6%** |  |
| ABM Industries, Inc. | &nbsp;&nbsp;1019 | &nbsp;&nbsp;&nbsp;&nbsp;46996 |
| ACCO Brands Corp. | &nbsp;&nbsp;2016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8044 |
| ACV Auctions, Inc., Class A (A) | &nbsp;&nbsp;2931 | &nbsp;&nbsp;&nbsp;&nbsp;29046 |
| Bitcoin Depot, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1919 |
| Brady Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;742 | &nbsp;&nbsp;&nbsp;&nbsp;57898 |
| BrightView Holdings, Inc. (A) | &nbsp;&nbsp;1726 | &nbsp;&nbsp;&nbsp;&nbsp;23128 |
| Casella Waste Systems, Inc., Class A (A) | &nbsp;&nbsp;1037 | &nbsp;&nbsp;&nbsp;&nbsp;98391 |
| CECO Environmental Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;588 | &nbsp;&nbsp;&nbsp;&nbsp;30106 |
| Cimpress PLC (A) | &nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp;26351 |
| Cintas Corp. | &nbsp;&nbsp;6566 | 1347737 |
| Clean Harbors, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp;201567 |
| Copart, Inc. (A) | 15737 | &nbsp;&nbsp;&nbsp;&nbsp;707693 |
| CoreCivic, Inc. (A) | &nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp;35897 |
| Deluxe Corp. | &nbsp;&nbsp;&nbsp;&nbsp;808 | &nbsp;&nbsp;&nbsp;&nbsp;15643 |
| Driven Brands Holdings, Inc. (A) | &nbsp;&nbsp;2837 | &nbsp;&nbsp;&nbsp;&nbsp;45704 |
| Ennis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;11644 |
| Enviri Corp. (A) | &nbsp;&nbsp;1416 | &nbsp;&nbsp;&nbsp;&nbsp;17969 |
| Healthcare Services Group, Inc. (A) | &nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp;21340 |
| HNI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp;35606 |
| Interface, Inc. | &nbsp;&nbsp;1009 | &nbsp;&nbsp;&nbsp;&nbsp;29200 |
| Liquidity Services, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;549 | &nbsp;&nbsp;&nbsp;&nbsp;15059 |
| MillerKnoll, Inc. | &nbsp;&nbsp;1201 | &nbsp;&nbsp;&nbsp;&nbsp;21306 |
| Montrose Environmental Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;598 | &nbsp;&nbsp;&nbsp;&nbsp;16421 |
| MSA Safety, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;&nbsp;&nbsp;109781 |
| Odyssey Marine Exploration, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1814 |
| OPENLANE, Inc. (A) | &nbsp;&nbsp;1774 | &nbsp;&nbsp;&nbsp;&nbsp;51056 |
| Pitney Bowes, Inc. | &nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp;32233 |
| RB Global, Inc. | &nbsp;&nbsp;3024 | &nbsp;&nbsp;&nbsp;&nbsp;327681 |
| Republic Services, Inc. | &nbsp;&nbsp;5091 | 1168283 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Commercial services and supplies (continued)** | **Commercial services and supplies (continued)** |  |
| Rollins, Inc. | 7943 | $&nbsp;&nbsp;&nbsp;&nbsp;466572 |
| Steelcase, Inc., Class A | 1933 | &nbsp;&nbsp;&nbsp;&nbsp;33248 |
| Tetra Tech, Inc. | 4291 | &nbsp;&nbsp;&nbsp;&nbsp;143234 |
| The Brink's Company | &nbsp;&nbsp;678 | &nbsp;&nbsp;&nbsp;&nbsp;79231 |
| The GEO Group, Inc. (A) | 2314 | &nbsp;&nbsp;&nbsp;&nbsp;47414 |
| UniFirst Corp. | &nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp;42299 |
| Veralto Corp. | 4033 | &nbsp;&nbsp;&nbsp;&nbsp;429958 |
| Vestis Corp. | 2475 | &nbsp;&nbsp;&nbsp;&nbsp;11212 |
| Waste Management, Inc. | 6564 | 1449528 |
|  |  | 7238209 |
| **Construction and engineering – 0.4%** | **Construction and engineering – 0.4%** |  |
| AECOM | 2151 | &nbsp;&nbsp;&nbsp;&nbsp;280641 |
| Ameresco, Inc., Class A (A) | &nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp;19947 |
| API Group Corp. (A) | 6792 | &nbsp;&nbsp;&nbsp;&nbsp;233441 |
| Arcosa, Inc. | &nbsp;&nbsp;819 | &nbsp;&nbsp;&nbsp;&nbsp;76748 |
| Argan, Inc. | &nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp;61031 |
| Bowman Consulting Group, Ltd. (A) | &nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp;13555 |
| Centuri Holdings, Inc. (A) | 1519 | &nbsp;&nbsp;&nbsp;&nbsp;32157 |
| Comfort Systems USA, Inc. | &nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;473653 |
| Concrete Pumping Holdings, Inc. | &nbsp;&nbsp;866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6105 |
| Construction Partners, Inc., Class A (A) | &nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp;98552 |
| Dycom Industries, Inc. (A) | &nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp;137127 |
| EMCOR Group, Inc. | &nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp;471566 |
| Everus Construction Group, Inc. (A) | &nbsp;&nbsp;841 | &nbsp;&nbsp;&nbsp;&nbsp;72116 |
| Fluor Corp. (A) | 2618 | &nbsp;&nbsp;&nbsp;&nbsp;110139 |
| Granite Construction, Inc. | &nbsp;&nbsp;701 | &nbsp;&nbsp;&nbsp;&nbsp;76865 |
| Great Lakes Dredge & Dock Corp. (A) | 1279 | &nbsp;&nbsp;&nbsp;&nbsp;15335 |
| IES Holdings, Inc. (A) | &nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp;129236 |
| Limbach Holdings, Inc. (A) | &nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp;18938 |
| MasTec, Inc. (A) | 1282 | &nbsp;&nbsp;&nbsp;&nbsp;272822 |
| Matrix Service Company (A) | &nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5886 |
| MYR Group, Inc. (A) | &nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;54920 |
| NWPX Infrastructure, Inc. (A) | &nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp;10533 |
| Orion Group Holdings, Inc. (A) | &nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6365 |
| Primoris Services Corp. | &nbsp;&nbsp;877 | &nbsp;&nbsp;&nbsp;&nbsp;120438 |
| Quanta Services, Inc. | 2395 | &nbsp;&nbsp;&nbsp;&nbsp;992536 |
| Sterling Infrastructure, Inc. (A) | &nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp;168142 |
| Tutor Perini Corp. (A) | &nbsp;&nbsp;869 | &nbsp;&nbsp;&nbsp;&nbsp;56998 |
| Valmont Industries, Inc. | &nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp;124074 |
| WillScot Holdings Corp. | 2957 | &nbsp;&nbsp;&nbsp;&nbsp;62422 |
|  |  | 4202288 |
| **Electrical equipment – 1.0%** | **Electrical equipment – 1.0%** |  |
| Acuity, Inc. | &nbsp;&nbsp;501 | &nbsp;&nbsp;&nbsp;&nbsp;172539 |
| Allient, Inc. | &nbsp;&nbsp;318 | &nbsp;&nbsp;&nbsp;&nbsp;14231 |
| American Superconductor Corp. (A) | &nbsp;&nbsp;745 | &nbsp;&nbsp;&nbsp;&nbsp;44246 |
| AMETEK, Inc. | 3768 | &nbsp;&nbsp;&nbsp;&nbsp;708384 |
| Amprius Technologies, Inc. (A) | 2074 | &nbsp;&nbsp;&nbsp;&nbsp;21818 |
| Array Technologies, Inc. (A) | 2570 | &nbsp;&nbsp;&nbsp;&nbsp;20946 |
| Atkore, Inc. | &nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp;35197 |
| Babcock & Wilcox Enterprises, Inc. (A) | 1841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5339 |
| Blink Charging Company (A)(C) | 2462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4038 |
| Bloom Energy Corp., Class A (A) | 3814 | &nbsp;&nbsp;&nbsp;&nbsp;322550 |
| ChargePoint Holdings, Inc. (A)(C) | &nbsp;&nbsp;498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5438 |
| Eaton Corp. PLC | 6341 | 2373119 |
| Emerson Electric Company | 9175 | 1203577 |
| Energy Vault Holdings, Inc. (A) | 2981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8854 |
| EnerSys | &nbsp;&nbsp;621 | &nbsp;&nbsp;&nbsp;&nbsp;70148 |
| Enovix Corp. (A)(C) | 3277 | &nbsp;&nbsp;&nbsp;&nbsp;32672 |
| Eos Energy Enterprises, Inc. (A)(C) | 4606 | &nbsp;&nbsp;&nbsp;&nbsp;52462 |
| Fluence Energy, Inc. (A) | 2247 | &nbsp;&nbsp;&nbsp;&nbsp;24268 |
| FuelCell Energy, Inc. (A)(C) | &nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3471 |
| GE Vernova, Inc. | 4433 | 2725852 |
| Generac Holdings, Inc. (A) | &nbsp;&nbsp;958 | &nbsp;&nbsp;&nbsp;&nbsp;160369 |
| GrafTech International, Ltd. (A)(C) | &nbsp;&nbsp;498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6384 |
| Hubbell, Inc. | &nbsp;&nbsp;864 | &nbsp;&nbsp;&nbsp;&nbsp;371788 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electrical equipment (continued)** | **Electrical equipment (continued)** |  |
| KULR Technology Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;722 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3004 |
| LSI Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15040 |
| NANO Nuclear Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26298 |
| NEXTracker, Inc., Class A (A) | &nbsp;&nbsp;2416 | &nbsp;&nbsp;&nbsp;&nbsp;178760 |
| NuScale Power Corp. (A)(C) | &nbsp;&nbsp;2186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78696 |
| nVent Electric PLC | &nbsp;&nbsp;2629 | &nbsp;&nbsp;&nbsp;&nbsp;259325 |
| Pioneer Power Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2557 |
| Plug Power, Inc. (A)(C) | 19108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44522 |
| Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60048 |
| Power Solutions International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37127 |
| Preformed Line Products Company | &nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17654 |
| Regal Rexnord Corp. | &nbsp;&nbsp;1087 | &nbsp;&nbsp;&nbsp;&nbsp;155919 |
| Rockwell Automation, Inc. | &nbsp;&nbsp;1832 | &nbsp;&nbsp;&nbsp;&nbsp;640339 |
| Sensata Technologies Holding PLC | &nbsp;&nbsp;2384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72831 |
| SES AI Corp. (A) | &nbsp;&nbsp;5595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9344 |
| Shoals Technologies Group, Inc., Class A (A) | &nbsp;&nbsp;2810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20822 |
| SolarMax Technology, Inc. (A) | &nbsp;&nbsp;1439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1511 |
| Stem, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2786 |
| SunPower Corp. (A)(B) | &nbsp;&nbsp;3027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Sunrun, Inc. (A) | &nbsp;&nbsp;3783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65408 |
| Thermon Group Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17635 |
| Vertiv Holdings Company, Class A | &nbsp;&nbsp;6216 | &nbsp;&nbsp;&nbsp;&nbsp;937746 |
| Vicor Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28539 |
|  |  | 11063601 |
| **Ground transportation – 0.8%** | **Ground transportation – 0.8%** |  |
| ArcBest Corp. | &nbsp;&nbsp;&nbsp;&nbsp;376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26271 |
| Avis Budget Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92170 |
| Covenant Logistics Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7191 |
| CSX Corp. | 30282 | &nbsp;&nbsp;&nbsp;1075314 |
| FTAI Infrastructure, Inc. | &nbsp;&nbsp;2087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9099 |
| Heartland Express, Inc. | &nbsp;&nbsp;1807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15143 |
| Hertz Global Holdings, Inc. (A)(C) | &nbsp;&nbsp;5159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35081 |
| JB Hunt Transport Services, Inc. | &nbsp;&nbsp;1564 | &nbsp;&nbsp;&nbsp;&nbsp;209842 |
| Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;2583 | &nbsp;&nbsp;&nbsp;&nbsp;102054 |
| Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68634 |
| Lyft, Inc., Class A (A) | &nbsp;&nbsp;6481 | &nbsp;&nbsp;&nbsp;&nbsp;142647 |
| Marten Transport, Ltd. | &nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21160 |
| Norfolk Southern Corp. | &nbsp;&nbsp;3647 | &nbsp;&nbsp;&nbsp;1095595 |
| Old Dominion Freight Line, Inc. | &nbsp;&nbsp;3414 | &nbsp;&nbsp;&nbsp;&nbsp;480623 |
| RXO, Inc. (A) | &nbsp;&nbsp;2736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42080 |
| Ryder System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;&nbsp;&nbsp;122427 |
| Saia, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;&nbsp;&nbsp;129623 |
| Schneider National, Inc., Class B | &nbsp;&nbsp;1622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34322 |
| Uber Technologies, Inc. (A) | 33937 | &nbsp;&nbsp;&nbsp;3324808 |
| U-Haul Holding Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17349 |
| U-Haul Holding Company, Series N | &nbsp;&nbsp;2966 | &nbsp;&nbsp;&nbsp;&nbsp;150969 |
| Union Pacific Corp. | &nbsp;&nbsp;9647 | &nbsp;&nbsp;&nbsp;2280261 |
| Universal Logistics Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9939 |
| Werner Enterprises, Inc. | &nbsp;&nbsp;1048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27583 |
| XPO, Inc. (A) | &nbsp;&nbsp;1914 | &nbsp;&nbsp;&nbsp;&nbsp;247423 |
|  |  | &nbsp;&nbsp;&nbsp;9767608 |
| **Industrial conglomerates – 0.3%** | **Industrial conglomerates – 0.3%** |  |
| 3M Company | &nbsp;&nbsp;8663 | &nbsp;&nbsp;&nbsp;1344324 |
| Brookfield Business Corp., Class A | &nbsp;&nbsp;1236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41443 |
| Honeywell International, Inc. | 10326 | &nbsp;&nbsp;&nbsp;2173623 |
|  |  | &nbsp;&nbsp;&nbsp;3559390 |
| **Machinery – 1.7%** | **Machinery – 1.7%** |  |
| 3D Systems Corp. (A)(C) | &nbsp;&nbsp;2448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7099 |
| Aebi Schmidt Holding AG | &nbsp;&nbsp;1320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16460 |
| AGCO Corp. | &nbsp;&nbsp;1219 | &nbsp;&nbsp;&nbsp;&nbsp;130518 |
| AgEagle Aerial Systems, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437 |
| Alamo Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37798 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| Albany International Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;516 | $&nbsp;&nbsp;&nbsp;&nbsp;27503 |
| Allison Transmission Holdings, Inc. | &nbsp;&nbsp;1352 | &nbsp;&nbsp;&nbsp;&nbsp;114758 |
| Astec Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp;19878 |
| Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;1321 | &nbsp;&nbsp;&nbsp;&nbsp;59564 |
| Blue Bird Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;513 | &nbsp;&nbsp;&nbsp;&nbsp;29523 |
| Caterpillar, Inc. | &nbsp;&nbsp;7626 | 3638746 |
| Chart Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;727 | &nbsp;&nbsp;&nbsp;&nbsp;145509 |
| Cleancore Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 |
| CNH Industrial NV | 20386 | &nbsp;&nbsp;&nbsp;&nbsp;221188 |
| Columbus McKinnon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9206 |
| Crane Company | &nbsp;&nbsp;&nbsp;&nbsp;941 | &nbsp;&nbsp;&nbsp;&nbsp;173276 |
| Cummins, Inc. | &nbsp;&nbsp;2240 | &nbsp;&nbsp;&nbsp;&nbsp;946109 |
| Deere & Company | &nbsp;&nbsp;4403 | 2013316 |
| Donaldson Company, Inc. | &nbsp;&nbsp;1914 | &nbsp;&nbsp;&nbsp;&nbsp;156661 |
| Douglas Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;429 | &nbsp;&nbsp;&nbsp;&nbsp;13411 |
| Dover Corp. | &nbsp;&nbsp;2206 | &nbsp;&nbsp;&nbsp;&nbsp;368027 |
| Energy Recovery, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;15189 |
| Enerpac Tool Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp;37105 |
| Enpro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp;79326 |
| Esab Corp. | &nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;&nbsp;113640 |
| ESCO Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp;90144 |
| Federal Signal Corp. | &nbsp;&nbsp;&nbsp;&nbsp;988 | &nbsp;&nbsp;&nbsp;&nbsp;117562 |
| Flowserve Corp. | &nbsp;&nbsp;2098 | &nbsp;&nbsp;&nbsp;&nbsp;111488 |
| Fortive Corp. | &nbsp;&nbsp;5459 | &nbsp;&nbsp;&nbsp;&nbsp;267436 |
| Franklin Electric Company, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp;72447 |
| Gates Industrial Corp. PLC (A) | &nbsp;&nbsp;4179 | &nbsp;&nbsp;&nbsp;&nbsp;103723 |
| Graco, Inc. | &nbsp;&nbsp;2736 | &nbsp;&nbsp;&nbsp;&nbsp;232451 |
| Graham Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;204 | &nbsp;&nbsp;&nbsp;&nbsp;11200 |
| Helios Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;578 | &nbsp;&nbsp;&nbsp;&nbsp;30131 |
| Hillenbrand, Inc. | &nbsp;&nbsp;1226 | &nbsp;&nbsp;&nbsp;&nbsp;33151 |
| Hillman Solutions Corp. (A) | &nbsp;&nbsp;3472 | &nbsp;&nbsp;&nbsp;&nbsp;31873 |
| Hyster-Yale, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9657 |
| IDEX Corp. | &nbsp;&nbsp;1222 | &nbsp;&nbsp;&nbsp;&nbsp;198893 |
| Illinois Tool Works, Inc. | &nbsp;&nbsp;4770 | 1243825 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;6460 | &nbsp;&nbsp;&nbsp;&nbsp;533725 |
| ITT, Inc. | &nbsp;&nbsp;1272 | &nbsp;&nbsp;&nbsp;&nbsp;227383 |
| JBT Marel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp;119663 |
| Kadant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp;57433 |
| Kennametal, Inc. | &nbsp;&nbsp;1327 | &nbsp;&nbsp;&nbsp;&nbsp;27774 |
| Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;902 | &nbsp;&nbsp;&nbsp;&nbsp;212719 |
| Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp;26004 |
| Microvast Holdings, Inc. (A)(C) | &nbsp;&nbsp;5386 | &nbsp;&nbsp;&nbsp;&nbsp;20736 |
| Miller Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9539 |
| Mueller Industries, Inc. | &nbsp;&nbsp;1790 | &nbsp;&nbsp;&nbsp;&nbsp;180987 |
| Mueller Water Products, Inc., Class A | &nbsp;&nbsp;2584 | &nbsp;&nbsp;&nbsp;&nbsp;65944 |
| Nordson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;206978 |
| Omega Flex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5489 |
| Oshkosh Corp. | &nbsp;&nbsp;1037 | &nbsp;&nbsp;&nbsp;&nbsp;134499 |
| Otis Worldwide Corp. | &nbsp;&nbsp;6395 | &nbsp;&nbsp;&nbsp;&nbsp;584695 |
| PACCAR, Inc. | &nbsp;&nbsp;8554 | &nbsp;&nbsp;&nbsp;&nbsp;841029 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;2058 | 1560273 |
| Pentair PLC | &nbsp;&nbsp;2639 | &nbsp;&nbsp;&nbsp;&nbsp;292296 |
| Perma-Pipe International Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3936 |
| Proto Labs, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp;21513 |
| RBC Bearings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;518 | &nbsp;&nbsp;&nbsp;&nbsp;202170 |
| REV Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;&nbsp;&nbsp;44883 |
| Richtech Robotics, Inc., Class B (A)(C) | &nbsp;&nbsp;1846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7919 |
| Snap-on, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp;292125 |
| SPX Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp;142887 |
| Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;43440 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;2509 | &nbsp;&nbsp;&nbsp;&nbsp;186494 |
| Stratasys, Ltd. (A) | &nbsp;&nbsp;1592 | &nbsp;&nbsp;&nbsp;&nbsp;17830 |
| Symbotic, Inc. (A)(C) | &nbsp;&nbsp;1823 | &nbsp;&nbsp;&nbsp;&nbsp;98260 |
| Tennant Company | &nbsp;&nbsp;&nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp;26912 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Machinery (continued)** | **Machinery (continued)** |  |
| Terex Corp. | &nbsp;&nbsp;1048 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53762 |
| The Gorman-Rupp Company | &nbsp;&nbsp;&nbsp;&nbsp;429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19910 |
| The Greenbrier Companies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23454 |
| The Manitowoc Company, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7387 |
| The Middleby Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;109136 |
| The Timken Company | &nbsp;&nbsp;1127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84728 |
| The Toro Company | &nbsp;&nbsp;1588 | &nbsp;&nbsp;&nbsp;&nbsp;121006 |
| Titan International, Inc. (A) | &nbsp;&nbsp;1238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9359 |
| Trinity Industries, Inc. | &nbsp;&nbsp;1342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37630 |
| Wabash National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8873 |
| Wabtec Corp. | &nbsp;&nbsp;2776 | &nbsp;&nbsp;&nbsp;&nbsp;556505 |
| Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;448 | &nbsp;&nbsp;&nbsp;&nbsp;125117 |
| Worthington Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47721 |
| Xylem, Inc. | &nbsp;&nbsp;3965 | &nbsp;&nbsp;&nbsp;&nbsp;584838 |
|  |  | 18915037 |
| **Marine transportation – 0.0%** | **Marine transportation – 0.0%** |  |
| Costamare, Inc. | &nbsp;&nbsp;2091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24904 |
| Genco Shipping & Trading, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14080 |
| Kirby Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76691 |
| Matson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51464 |
| Vantage Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3840 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;170979 |
| **Passenger airlines – 0.2%** | **Passenger airlines – 0.2%** |  |
| Alaska Air Group, Inc. (A) | &nbsp;&nbsp;1866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92889 |
| Allegiant Travel Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19143 |
| American Airlines Group, Inc. (A) | 10649 | &nbsp;&nbsp;&nbsp;&nbsp;119695 |
| Delta Air Lines, Inc. | 10594 | &nbsp;&nbsp;&nbsp;&nbsp;601210 |
| Frontier Group Holdings, Inc. (A) | &nbsp;&nbsp;3899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17214 |
| JetBlue Airways Corp. (A) | &nbsp;&nbsp;6062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29825 |
| Joby Aviation, Inc. (A) | 13988 | &nbsp;&nbsp;&nbsp;&nbsp;225766 |
| SkyWest, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66107 |
| Southwest Airlines Company | &nbsp;&nbsp;8536 | &nbsp;&nbsp;&nbsp;&nbsp;272384 |
| Strata Critical Medical, Inc. (A) | &nbsp;&nbsp;1559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7889 |
| Sun Country Airlines Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10771 |
| Surf Air Mobility, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3299 |
| United Airlines Holdings, Inc. (A) | &nbsp;&nbsp;5257 | &nbsp;&nbsp;&nbsp;&nbsp;507301 |
| Wheels Up Experience, Inc. (A) | 11640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21418 |
|  |  | &nbsp;&nbsp;&nbsp;1994911 |
| **Professional services – 0.7%** | **Professional services – 0.7%** |  |
| Acuren Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2915 |
| Alight, Inc., Class A | &nbsp;&nbsp;8994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29320 |
| Amentum Holdings, Inc. (A) | &nbsp;&nbsp;3998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95752 |
| Automatic Data Processing, Inc. | &nbsp;&nbsp;6594 | &nbsp;&nbsp;&nbsp;1935339 |
| Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21318 |
| BlackSky Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12211 |
| Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;199900 |
| Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;1908 | &nbsp;&nbsp;&nbsp;&nbsp;454428 |
| CACI International, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;358 | &nbsp;&nbsp;&nbsp;&nbsp;178563 |
| CBIZ, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47664 |
| Clarivate PLC (A) | 11253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43099 |
| Concentrix Corp. | &nbsp;&nbsp;1032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47627 |
| Conduent, Inc. (A) | &nbsp;&nbsp;3225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9030 |
| CRA International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23147 |
| CSG Systems International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30645 |
| Dayforce, Inc. (A) | &nbsp;&nbsp;2565 | &nbsp;&nbsp;&nbsp;&nbsp;176703 |
| Equifax, Inc. | &nbsp;&nbsp;2015 | &nbsp;&nbsp;&nbsp;&nbsp;516908 |
| ExlService Holdings, Inc. (A) | &nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp;114918 |
| Exponent, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58919 |
| First Advantage Corp. (A) | &nbsp;&nbsp;2963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45601 |
| Franklin Covey Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5998 |
| FTI Consulting, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85675 |
| Genpact, Ltd. | &nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp;118339 |
| Heidrick & Struggles International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18017 |
| Huron Consulting Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41389 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Professional services (continued)** | **Professional services (continued)** |  |
| IBEX Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;261 | $&nbsp;&nbsp;&nbsp;&nbsp;10576 |
| ICF International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp;28582 |
| Innodata, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp;&nbsp;39999 |
| Insperity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;&nbsp;31144 |
| Jacobs Solutions, Inc. | &nbsp;&nbsp;1941 | &nbsp;&nbsp;&nbsp;&nbsp;290878 |
| KBR, Inc. | &nbsp;&nbsp;2078 | &nbsp;&nbsp;&nbsp;&nbsp;98269 |
| Kelly Services, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8922 |
| Kforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp;10703 |
| Korn Ferry | &nbsp;&nbsp;&nbsp;&nbsp;839 | &nbsp;&nbsp;&nbsp;&nbsp;58713 |
| Legalzoom.com, Inc. (A) | &nbsp;&nbsp;3009 | &nbsp;&nbsp;&nbsp;&nbsp;31233 |
| Leidos Holdings, Inc. | &nbsp;&nbsp;2086 | &nbsp;&nbsp;&nbsp;&nbsp;394171 |
| ManpowerGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;778 | &nbsp;&nbsp;&nbsp;&nbsp;29486 |
| Maximus, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;918 | &nbsp;&nbsp;&nbsp;&nbsp;83878 |
| Parsons Corp. (A) | &nbsp;&nbsp;1737 | &nbsp;&nbsp;&nbsp;&nbsp;144032 |
| Paychex, Inc. | &nbsp;&nbsp;5859 | &nbsp;&nbsp;&nbsp;&nbsp;742687 |
| Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;&nbsp;196068 |
| Paylocity Holding Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;897 | &nbsp;&nbsp;&nbsp;&nbsp;142865 |
| Planet Labs PBC (A) | &nbsp;&nbsp;4670 | &nbsp;&nbsp;&nbsp;&nbsp;60617 |
| Resolute Holdings Management, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;149 | &nbsp;&nbsp;&nbsp;&nbsp;10750 |
| Robert Half, Inc. | &nbsp;&nbsp;1637 | &nbsp;&nbsp;&nbsp;&nbsp;55625 |
| Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;752 | &nbsp;&nbsp;&nbsp;&nbsp;74726 |
| Spire Global, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6561 |
| SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;3966 | &nbsp;&nbsp;&nbsp;&nbsp;352022 |
| TaskUS, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;&nbsp;11835 |
| TransUnion | &nbsp;&nbsp;3169 | &nbsp;&nbsp;&nbsp;&nbsp;265499 |
| TriNet Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp;53445 |
| UL Solutions, Inc., Class A | &nbsp;&nbsp;1042 | &nbsp;&nbsp;&nbsp;&nbsp;73836 |
| Upwork, Inc. (A) | &nbsp;&nbsp;2147 | &nbsp;&nbsp;&nbsp;&nbsp;39870 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;2276 | &nbsp;&nbsp;&nbsp;&nbsp;572437 |
| Verra Mobility Corp. (A) | &nbsp;&nbsp;2620 | &nbsp;&nbsp;&nbsp;&nbsp;64714 |
| Willdan Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;243 | &nbsp;&nbsp;&nbsp;&nbsp;23496 |
|  |  | 8321064 |
| **Trading companies and distributors – 0.5%** | **Trading companies and distributors – 0.5%** |  |
| Air Lease Corp. | &nbsp;&nbsp;1813 | &nbsp;&nbsp;&nbsp;&nbsp;115397 |
| Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;607 | &nbsp;&nbsp;&nbsp;&nbsp;158457 |
| BlueLinx Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;153 | &nbsp;&nbsp;&nbsp;&nbsp;11181 |
| Boise Cascade Company | &nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp;47552 |
| Core & Main, Inc., Class A (A) | &nbsp;&nbsp;3091 | &nbsp;&nbsp;&nbsp;&nbsp;166389 |
| Custom Truck One Source, Inc. (A) | &nbsp;&nbsp;4061 | &nbsp;&nbsp;&nbsp;&nbsp;26072 |
| Distribution Solutions Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp;22861 |
| DNOW, Inc. (A) | &nbsp;&nbsp;1790 | &nbsp;&nbsp;&nbsp;&nbsp;27298 |
| DXP Enterprises, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp;31077 |
| Fastenal Company | 18689 | &nbsp;&nbsp;&nbsp;&nbsp;916509 |
| Ferguson Enterprises, Inc. | &nbsp;&nbsp;3207 | &nbsp;&nbsp;&nbsp;&nbsp;720228 |
| FTAI Aviation, Ltd. | &nbsp;&nbsp;1670 | &nbsp;&nbsp;&nbsp;&nbsp;278656 |
| GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;586 | &nbsp;&nbsp;&nbsp;&nbsp;102433 |
| Global Industrial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;764 | &nbsp;&nbsp;&nbsp;&nbsp;28016 |
| Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;546 | &nbsp;&nbsp;&nbsp;&nbsp;63696 |
| Hudson Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8093 |
| Karat Packaging, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8067 |
| McGrath RentCorp | &nbsp;&nbsp;&nbsp;&nbsp;414 | &nbsp;&nbsp;&nbsp;&nbsp;48562 |
| MRC Global, Inc. (A) | &nbsp;&nbsp;1483 | &nbsp;&nbsp;&nbsp;&nbsp;21385 |
| MSC Industrial Direct Company, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;894 | &nbsp;&nbsp;&nbsp;&nbsp;82373 |
| NPK International, Inc. (A) | &nbsp;&nbsp;1544 | &nbsp;&nbsp;&nbsp;&nbsp;17463 |
| QXO, Inc. (A) | 10981 | &nbsp;&nbsp;&nbsp;&nbsp;209298 |
| Rush Enterprises, Inc., Class A | &nbsp;&nbsp;1244 | &nbsp;&nbsp;&nbsp;&nbsp;66517 |
| SiteOne Landscape Supply, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;94539 |
| Titan Machinery, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7918 |
| Transcat, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;12078 |
| United Rentals, Inc. | &nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp;997620 |
| W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp;740450 |
| Watsco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;569 | &nbsp;&nbsp;&nbsp;&nbsp;230047 |
| WESCO International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp;164970 |
| Willis Lease Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp;15628 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Trading companies and distributors (continued)** | **Trading companies and distributors (continued)** |  |
| Xometry, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;814 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44339 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;5485169 |
| **Transportation infrastructure – 0.0%** | **Transportation infrastructure – 0.0%** |  |
| Corp America Airports SA (A) | &nbsp;&nbsp;2798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50700 |
|  |  | 104926652 |
| **Information technology – 31.3%** |  |  |
| **Communications equipment – 0.9%** | **Communications equipment – 0.9%** |  |
| ADTRAN Holdings, Inc. (A) | &nbsp;&nbsp;1491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13986 |
| Applied Optoelectronics, Inc. (A) | &nbsp;&nbsp;1024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26552 |
| Arista Networks, Inc. (A) | 20467 | &nbsp;&nbsp;&nbsp;&nbsp;2982247 |
| BK Technologies Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5998 |
| Calix, Inc. (A) | &nbsp;&nbsp;1070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65666 |
| Ciena Corp. (A) | &nbsp;&nbsp;2298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334750 |
| Cisco Systems, Inc. | 64470 | &nbsp;&nbsp;&nbsp;&nbsp;4411037 |
| Clearfield, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9248 |
| CommScope Holding Company, Inc. (A) | &nbsp;&nbsp;3614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55945 |
| Digi International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23881 |
| Extreme Networks, Inc. (A) | &nbsp;&nbsp;2190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45224 |
| F5, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301859 |
| Harmonic, Inc. (A) | &nbsp;&nbsp;1937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19719 |
| Lumentum Holdings, Inc. (A) | &nbsp;&nbsp;1139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185327 |
| Motorola Solutions, Inc. | &nbsp;&nbsp;2714 | &nbsp;&nbsp;&nbsp;&nbsp;1241085 |
| NETGEAR, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16746 |
| NetScout Systems, Inc. (A) | &nbsp;&nbsp;1258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32494 |
| Ondas Holdings, Inc. (A) | &nbsp;&nbsp;4470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34508 |
| Powerwave Technologies, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Ribbon Communications, Inc. (A) | &nbsp;&nbsp;2810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10678 |
| Ubiquiti, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651992 |
| Viasat, Inc. (A) | &nbsp;&nbsp;2202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64519 |
| Viavi Solutions, Inc. (A) | &nbsp;&nbsp;3770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47841 |
|  |  | &nbsp;&nbsp;&nbsp;10581302 |
| **Electronic equipment, instruments and components – 0.9%** | **Electronic equipment, instruments and components – 0.9%** |  |
| Advanced Energy Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104976 |
| Aeva Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13630 |
| AEye, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1987 |
| Amphenol Corp., Class A | 19879 | &nbsp;&nbsp;&nbsp;&nbsp;2460026 |
| Arlo Technologies, Inc. (A) | &nbsp;&nbsp;1726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29256 |
| Arrow Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100672 |
| Avnet, Inc. | &nbsp;&nbsp;1331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69585 |
| Badger Meter, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85718 |
| Bel Fuse, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27781 |
| Belden, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77454 |
| Benchmark Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23477 |
| CDW Corp. | &nbsp;&nbsp;2126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338629 |
| Climb Global Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11327 |
| Cognex Corp. | &nbsp;&nbsp;2758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124937 |
| Coherent Corp. (A) | &nbsp;&nbsp;2535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273070 |
| Corning, Inc. | 13951 | &nbsp;&nbsp;&nbsp;&nbsp;1144401 |
| Crane NXT Company | &nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64052 |
| CTS Corp. | &nbsp;&nbsp;&nbsp;&nbsp;528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21088 |
| Daktronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17343 |
| ePlus, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31670 |
| Evolv Technologies Holdings, Inc. (A) | &nbsp;&nbsp;2863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21616 |
| Fabrinet (A) | &nbsp;&nbsp;&nbsp;&nbsp;581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211844 |
| Flex, Ltd. (A) | &nbsp;&nbsp;6085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352747 |
| Frequency Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6443 |
| Ingram Micro Holding Corp. (C) | &nbsp;&nbsp;3932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84499 |
| Insight Enterprises, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58406 |
| IPG Photonics Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56858 |
| Itron, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92548 |
| Jabil, Inc. | &nbsp;&nbsp;1743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378527 |
| Keysight Technologies, Inc. (A) | &nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488901 |
| Kimball Electronics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13945 |
| Knowles Corp. (A) | &nbsp;&nbsp;1483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34569 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| LightPath Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;879 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6970 |
| Lightwave Logic, Inc. (A) | &nbsp;&nbsp;2336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8667 |
| Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;409 | &nbsp;&nbsp;&nbsp;&nbsp;105935 |
| Methode Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5881 |
| MicroVision, Inc. (A)(C) | &nbsp;&nbsp;5593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6935 |
| Mirion Technologies, Inc. (A) | &nbsp;&nbsp;3736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86899 |
| Napco Security Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25298 |
| nLight, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25511 |
| Novanta, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59189 |
| OSI Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68043 |
| Ouster, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25725 |
| PAR Technology Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26954 |
| PC Connection, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28453 |
| Plexus Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64098 |
| Powerfleet, Inc. (A) | &nbsp;&nbsp;2309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12099 |
| Ralliant Corp. | &nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80288 |
| Red Cat Holdings, Inc. (A)(C) | &nbsp;&nbsp;1641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16984 |
| Rogers Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24782 |
| Sanmina Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;872 | &nbsp;&nbsp;&nbsp;&nbsp;100376 |
| ScanSource, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16276 |
| TD SYNNEX Corp. | &nbsp;&nbsp;1334 | &nbsp;&nbsp;&nbsp;&nbsp;218443 |
| TE Connectivity PLC | &nbsp;&nbsp;4808 | &nbsp;&nbsp;&nbsp;1055500 |
| Teledyne Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp;445976 |
| Trimble, Inc. (A) | &nbsp;&nbsp;3877 | &nbsp;&nbsp;&nbsp;&nbsp;316557 |
| TTM Technologies, Inc. (A) | &nbsp;&nbsp;1689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97286 |
| Unusual Machines, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7792 |
| Vishay Intertechnology, Inc. | &nbsp;&nbsp;2104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32191 |
| Vishay Precision Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9391 |
| Vontier Corp. | &nbsp;&nbsp;2398 | &nbsp;&nbsp;&nbsp;&nbsp;100644 |
| Vuzix Corp. (A)(C) | &nbsp;&nbsp;1532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4795 |
| Zebra Technologies Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp;245157 |
|  |  | 10151077 |
| **IT services – 1.2%** | **IT services – 1.2%** |  |
| Accenture PLC, Class A | 10145 | &nbsp;&nbsp;&nbsp;2501757 |
| Akamai Technologies, Inc. (A) | &nbsp;&nbsp;2327 | &nbsp;&nbsp;&nbsp;&nbsp;176294 |
| Amdocs, Ltd. | &nbsp;&nbsp;1806 | &nbsp;&nbsp;&nbsp;&nbsp;148182 |
| Applied Digital Corp. (A) | &nbsp;&nbsp;4264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97816 |
| ASGN, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34755 |
| Backblaze, Inc., Class A (A) | &nbsp;&nbsp;1046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9707 |
| BigBear.ai Holdings, Inc. (A)(C) | &nbsp;&nbsp;6080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39642 |
| Cloudflare, Inc., Class A (A) | &nbsp;&nbsp;5094 | &nbsp;&nbsp;&nbsp;1093121 |
| Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;7934 | &nbsp;&nbsp;&nbsp;&nbsp;532133 |
| Commerce.com, Inc., Series 1 (A) | &nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8633 |
| CoreWeave, Inc., Class A (A) | &nbsp;&nbsp;6031 | &nbsp;&nbsp;&nbsp;&nbsp;825342 |
| DigitalOcean Holdings, Inc. (A) | &nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50728 |
| DXC Technology Company (A) | &nbsp;&nbsp;2958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40318 |
| EPAM Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp;136917 |
| Fastly, Inc., Class A (A) | &nbsp;&nbsp;2515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21503 |
| Gartner, Inc. (A) | &nbsp;&nbsp;1234 | &nbsp;&nbsp;&nbsp;&nbsp;324382 |
| Globant SA (A) | &nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41486 |
| GoDaddy, Inc., Class A (A) | &nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;307594 |
| Grid Dynamics Holdings, Inc. (A) | &nbsp;&nbsp;1606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12382 |
| IBM Corp. | 15168 | &nbsp;&nbsp;&nbsp;4279803 |
| Kyndryl Holdings, Inc. (A) | &nbsp;&nbsp;3787 | &nbsp;&nbsp;&nbsp;&nbsp;113724 |
| MongoDB, Inc. (A) | &nbsp;&nbsp;1325 | &nbsp;&nbsp;&nbsp;&nbsp;411254 |
| Okta, Inc. (A) | &nbsp;&nbsp;2741 | &nbsp;&nbsp;&nbsp;&nbsp;251350 |
| Snowflake, Inc. (A) | &nbsp;&nbsp;5433 | &nbsp;&nbsp;&nbsp;1225413 |
| The Hackett Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12242 |
| TSS, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8548 |
| Twilio, Inc., Class A (A) | &nbsp;&nbsp;2503 | &nbsp;&nbsp;&nbsp;&nbsp;250525 |
| VeriSign, Inc. | &nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp;424946 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **IT services (continued)** | **IT services (continued)** |  |
| XTI Aerospace, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;512 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753 |
|  |  | 13381250 |
| **Semiconductors and semiconductor equipment – 11.6%** | **Semiconductors and semiconductor equipment – 11.6%** |  |
| ACM Research, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37917 |
| Advanced Micro Devices, Inc. (A) | &nbsp;&nbsp;26411 | &nbsp;&nbsp;&nbsp;4273036 |
| Aehr Test Systems (A) | &nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15025 |
| Aeluma, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4605 |
| Allegro MicroSystems, Inc. (A) | &nbsp;&nbsp;&nbsp;3036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88651 |
| Alpha & Omega Semiconductor, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14567 |
| Ambarella, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57599 |
| Ambiq Micro, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9305 |
| Amkor Technology, Inc. | &nbsp;&nbsp;&nbsp;4045 | &nbsp;&nbsp;&nbsp;&nbsp;114878 |
| Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;8008 | &nbsp;&nbsp;&nbsp;1967566 |
| Applied Materials, Inc. | &nbsp;&nbsp;12956 | &nbsp;&nbsp;&nbsp;2652611 |
| Astera Labs, Inc. (A) | &nbsp;&nbsp;&nbsp;2706 | &nbsp;&nbsp;&nbsp;&nbsp;529835 |
| Axcelis Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49894 |
| Blaize Holdings, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6372 |
| Broadcom, Inc. | &nbsp;&nbsp;76565 | 25259559 |
| CEVA, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11911 |
| Cirrus Logic, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;&nbsp;104742 |
| Cohu, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17707 |
| Credo Technology Group Holding, Ltd. (A) | &nbsp;&nbsp;&nbsp;2817 | &nbsp;&nbsp;&nbsp;&nbsp;410183 |
| Diodes, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42089 |
| Enphase Energy, Inc. (A) | &nbsp;&nbsp;&nbsp;2132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75451 |
| Entegris, Inc. | &nbsp;&nbsp;&nbsp;2461 | &nbsp;&nbsp;&nbsp;&nbsp;227544 |
| First Solar, Inc. (A) | &nbsp;&nbsp;&nbsp;1746 | &nbsp;&nbsp;&nbsp;&nbsp;385045 |
| FormFactor, Inc. (A) | &nbsp;&nbsp;&nbsp;1291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47018 |
| GlobalFoundries, Inc. (A) | &nbsp;&nbsp;&nbsp;9058 | &nbsp;&nbsp;&nbsp;&nbsp;324639 |
| Ichor Holdings, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11633 |
| Impinj, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85676 |
| Indie Semiconductor, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;3506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14269 |
| Intel Corp. (A) | &nbsp;&nbsp;71263 | &nbsp;&nbsp;&nbsp;2390874 |
| KLA Corp. | &nbsp;&nbsp;&nbsp;2145 | &nbsp;&nbsp;&nbsp;2313597 |
| Kopin Corp. (A) | &nbsp;&nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7302 |
| Kulicke & Soffa Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35560 |
| Lam Research Corp. | &nbsp;&nbsp;20576 | &nbsp;&nbsp;&nbsp;2755126 |
| Lattice Semiconductor Corp. (A) | &nbsp;&nbsp;&nbsp;2228 | &nbsp;&nbsp;&nbsp;&nbsp;163357 |
| MACOM Technology Solutions Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1218 | &nbsp;&nbsp;&nbsp;&nbsp;151629 |
| Marvell Technology, Inc. | &nbsp;&nbsp;14034 | &nbsp;&nbsp;&nbsp;1179838 |
| MaxLinear, Inc. (A) | &nbsp;&nbsp;&nbsp;1476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23734 |
| Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;8783 | &nbsp;&nbsp;&nbsp;&nbsp;564044 |
| Micron Technology, Inc. | &nbsp;&nbsp;18214 | &nbsp;&nbsp;&nbsp;3047566 |
| MKS, Inc. | &nbsp;&nbsp;&nbsp;1086 | &nbsp;&nbsp;&nbsp;&nbsp;134414 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp;717179 |
| Navitas Semiconductor Corp. (A)(C) | &nbsp;&nbsp;&nbsp;3545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25595 |
| NVIDIA Corp. | 395541 | 73800003 |
| NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;4099 | &nbsp;&nbsp;&nbsp;&nbsp;933465 |
| ON Semiconductor Corp. (A) | &nbsp;&nbsp;&nbsp;6652 | &nbsp;&nbsp;&nbsp;&nbsp;328010 |
| Onto Innovation, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;794 | &nbsp;&nbsp;&nbsp;&nbsp;102601 |
| PDF Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20733 |
| Penguin Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23205 |
| Photronics, Inc. (A) | &nbsp;&nbsp;&nbsp;1001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22973 |
| Power Integrations, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38963 |
| Qorvo, Inc. (A) | &nbsp;&nbsp;&nbsp;1506 | &nbsp;&nbsp;&nbsp;&nbsp;137166 |
| Qualcomm, Inc. | &nbsp;&nbsp;17558 | &nbsp;&nbsp;&nbsp;2920949 |
| Rambus, Inc. (A) | &nbsp;&nbsp;&nbsp;1755 | &nbsp;&nbsp;&nbsp;&nbsp;182871 |
| Rigetti Computing, Inc. (A) | &nbsp;&nbsp;&nbsp;5285 | &nbsp;&nbsp;&nbsp;&nbsp;157440 |
| Semtech Corp. (A) | &nbsp;&nbsp;&nbsp;1415 | &nbsp;&nbsp;&nbsp;&nbsp;101102 |
| Silicon Laboratories, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70941 |
| SiTime Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;426 | &nbsp;&nbsp;&nbsp;&nbsp;128358 |
| SkyWater Technology, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16048 |
| Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;2404 | &nbsp;&nbsp;&nbsp;&nbsp;185060 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Semiconductors and semiconductor equipment (continued)** | **Semiconductors and semiconductor equipment (continued)** |  |
| Synaptics, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;642 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43874 |
| Teradyne, Inc. | &nbsp;&nbsp;2584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355662 |
| Texas Instruments, Inc. | 14803 | &nbsp;&nbsp;&nbsp;&nbsp;2719755 |
| Ultra Clean Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22481 |
| Universal Display Corp. | &nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111457 |
| Veeco Instruments, Inc. (A) | &nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30947 |
| Wolfspeed, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633 |
| Wolfspeed, Inc. (A)(B) | &nbsp;&nbsp;2650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2809 |
|  |  | 132806648 |
| **Software – 10.8%** | **Software – 10.8%** |  |
| A10 Networks, Inc. | &nbsp;&nbsp;1278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23196 |
| ACI Worldwide, Inc. (A) | &nbsp;&nbsp;1697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89551 |
| Adeia, Inc. | &nbsp;&nbsp;1903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31970 |
| Adobe, Inc. (A) | &nbsp;&nbsp;6904 | &nbsp;&nbsp;&nbsp;&nbsp;2435386 |
| Agilysys, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48626 |
| Airship AI Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993 |
| Alarm.com Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44853 |
| Alkami Technology, Inc. (A) | &nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42973 |
| Amplitude, Inc., Class A (A) | &nbsp;&nbsp;1937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20765 |
| Appfolio, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103373 |
| Appian Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22622 |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;5008 | &nbsp;&nbsp;&nbsp;&nbsp;3598448 |
| Arteris, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9272 |
| Asana, Inc., Class A (A) | &nbsp;&nbsp;2604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34789 |
| Atlassian Corp., Class A (A) | &nbsp;&nbsp;2710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432787 |
| Aurora Innovation, Inc. (A) | 24672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132982 |
| Autodesk, Inc. (A) | &nbsp;&nbsp;3471 | &nbsp;&nbsp;&nbsp;&nbsp;1102633 |
| AvePoint, Inc. (A) | &nbsp;&nbsp;3624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54396 |
| Bentley Systems, Inc., Class B | &nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247104 |
| BILL Holdings, Inc. (A) | &nbsp;&nbsp;1659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87877 |
| Bit Digital, Inc. (A) | &nbsp;&nbsp;5391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16173 |
| Bit Origin Ltd. (A) | &nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792 |
| Bitdeer Technologies Group, Class A (A) | &nbsp;&nbsp;2504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42793 |
| BitMine Immersion Technologies, Inc. (A) | &nbsp;&nbsp;2828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146858 |
| Blackbaud, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54085 |
| Blackline, Inc. (A) | &nbsp;&nbsp;1023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54321 |
| Blend Labs, Inc., Class A (A) | &nbsp;&nbsp;4401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16064 |
| Box, Inc., Class A (A) | &nbsp;&nbsp;2363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76254 |
| Braze, Inc., Class A (A) | &nbsp;&nbsp;1632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46414 |
| BTCS, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4255 |
| c3.ai, Inc., Class A (A) | &nbsp;&nbsp;2191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37992 |
| Cadence Design Systems, Inc. (A) | &nbsp;&nbsp;4437 | &nbsp;&nbsp;&nbsp;&nbsp;1558541 |
| CCC Intelligent Solutions Holdings, Inc. (A) | 10748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97914 |
| Cerence, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9420 |
| Cipher Mining, Inc. (A) | &nbsp;&nbsp;6418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80803 |
| Circle Internet Group, Inc. (A)(C) | &nbsp;&nbsp;3449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457268 |
| CleanSpark, Inc. (A) | &nbsp;&nbsp;4580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66410 |
| Clear Secure, Inc., Class A | &nbsp;&nbsp;1552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51806 |
| Clearwater Analytics Holdings, Inc., Class A (A) | &nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84694 |
| CommVault Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136866 |
| Confluent, Inc., Class A (A) | &nbsp;&nbsp;4796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94961 |
| Consensus Cloud Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10514 |
| Core Scientific, Inc. (A)(C) | &nbsp;&nbsp;4991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89539 |
| Crowdstrike Holdings, Inc., Class A (A) | &nbsp;&nbsp;4084 | &nbsp;&nbsp;&nbsp;&nbsp;2002712 |
| CYNGN, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905 |
| Daily Journal Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11163 |
| Datadog, Inc., Class A (A) | &nbsp;&nbsp;5261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749166 |
| Digi Power X, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2288 |
| Digital Turbine, Inc. (A) | &nbsp;&nbsp;1841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11782 |
| DocuSign, Inc. (A) | &nbsp;&nbsp;3291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237248 |
| Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;1018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73673 |
| Domo, Inc., Class B (A) | &nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10660 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| Dropbox, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2994 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90449 |
| D-Wave Quantum, Inc. (A) | &nbsp;&nbsp;&nbsp;5520 | &nbsp;&nbsp;&nbsp;&nbsp;136399 |
| Dynatrace, Inc. (A) | &nbsp;&nbsp;&nbsp;4917 | &nbsp;&nbsp;&nbsp;&nbsp;238229 |
| Elastic NV (A) | &nbsp;&nbsp;&nbsp;1731 | &nbsp;&nbsp;&nbsp;&nbsp;146252 |
| EverCommerce, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33156 |
| Exodus Movement, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4862 |
| Fair Isaac Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;585143 |
| Figma, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;6680 | &nbsp;&nbsp;&nbsp;&nbsp;346492 |
| Five9, Inc. (A) | &nbsp;&nbsp;&nbsp;1276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30879 |
| Fortinet, Inc. (A) | &nbsp;&nbsp;12487 | &nbsp;&nbsp;&nbsp;1049907 |
| Freshworks, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46562 |
| Gen Digital, Inc. | &nbsp;&nbsp;10043 | &nbsp;&nbsp;&nbsp;&nbsp;285121 |
| Gitlab, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2415 | &nbsp;&nbsp;&nbsp;&nbsp;108868 |
| Guidewire Software, Inc. (A) | &nbsp;&nbsp;&nbsp;1374 | &nbsp;&nbsp;&nbsp;&nbsp;315828 |
| HubSpot, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;857 | &nbsp;&nbsp;&nbsp;&nbsp;400905 |
| Hut 8 Corp. (A) | &nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60047 |
| i3 Verticals, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14932 |
| Informatica, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4267 | &nbsp;&nbsp;&nbsp;&nbsp;105992 |
| Intapp, Inc. (A) | &nbsp;&nbsp;&nbsp;1353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55338 |
| InterDigital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;421 | &nbsp;&nbsp;&nbsp;&nbsp;145342 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;4540 | &nbsp;&nbsp;&nbsp;3100411 |
| Jamf Holding Corp. (A) | &nbsp;&nbsp;&nbsp;2332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24952 |
| JFrog, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994 |
| Klaviyo, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53663 |
| Life360, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;1271 | &nbsp;&nbsp;&nbsp;&nbsp;135107 |
| LivePerson, Inc. (A) | &nbsp;&nbsp;&nbsp;2565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1496 |
| LiveRamp Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30912 |
| Manhattan Associates, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;201905 |
| MARA Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;6032 | &nbsp;&nbsp;&nbsp;&nbsp;110144 |
| MeridianLink, Inc. (A) | &nbsp;&nbsp;&nbsp;1377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27444 |
| MicroCloud Hologram, Inc. (A) | &nbsp;&nbsp;&nbsp;3105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15308 |
| Microsoft Corp. | 121000 | 62671950 |
| Mitek Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8607 |
| N-able, Inc. (A) | &nbsp;&nbsp;&nbsp;3493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27245 |
| NCino, Inc. (A) | &nbsp;&nbsp;&nbsp;1912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51834 |
| NCR Voyix Corp. (A) | &nbsp;&nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29242 |
| Next Technology Holding, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245 |
| NextNav, Inc. (A) | &nbsp;&nbsp;&nbsp;2229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31875 |
| Nutanix, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4366 | &nbsp;&nbsp;&nbsp;&nbsp;324787 |
| OneSpan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11107 |
| Onestream, Inc. (A) | &nbsp;&nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27921 |
| Ooma, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5168 |
| Oracle Corp. | &nbsp;&nbsp;45731 | 12861386 |
| PagerDuty, Inc. (A) | &nbsp;&nbsp;&nbsp;1604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26498 |
| Palantir Technologies, Inc., Class A (A) | &nbsp;&nbsp;37018 | &nbsp;&nbsp;&nbsp;6752824 |
| Palo Alto Networks, Inc. (A) | &nbsp;&nbsp;10887 | &nbsp;&nbsp;&nbsp;2216811 |
| Pegasystems, Inc. | &nbsp;&nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp;160713 |
| Pivotal Software, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;6091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Porch Group, Inc. (A) | &nbsp;&nbsp;&nbsp;1718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28828 |
| Procore Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;2445 | &nbsp;&nbsp;&nbsp;&nbsp;178289 |
| Progress Software Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31674 |
| PROS Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20184 |
| PTC, Inc. (A) | &nbsp;&nbsp;&nbsp;1953 | &nbsp;&nbsp;&nbsp;&nbsp;396498 |
| Q2 Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73838 |
| Qualys, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78075 |
| Rapid7, Inc. (A) | &nbsp;&nbsp;&nbsp;1144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21450 |
| Red Violet, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14160 |
| RingCentral, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37664 |
| Riot Platforms, Inc. (A) | &nbsp;&nbsp;&nbsp;6028 | &nbsp;&nbsp;&nbsp;&nbsp;114713 |
| Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;1754 | &nbsp;&nbsp;&nbsp;&nbsp;874702 |
| Rubrik, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2019 | &nbsp;&nbsp;&nbsp;&nbsp;166063 |
| Sailpoint, Inc. (A) | &nbsp;&nbsp;&nbsp;9128 | &nbsp;&nbsp;&nbsp;&nbsp;201546 |
| Salesforce, Inc. | &nbsp;&nbsp;15499 | &nbsp;&nbsp;&nbsp;3673263 |
| Samsara, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4894 | &nbsp;&nbsp;&nbsp;&nbsp;182302 |
| SEMrush Holdings, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15888 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Software (continued)** | **Software (continued)** |  |
| SentinelOne, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5227 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92047 |
| ServiceNow, Inc. (A) | &nbsp;&nbsp;&nbsp;3386 | &nbsp;&nbsp;&nbsp;&nbsp;3116068 |
| ServiceTitan, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127953 |
| SoundHound AI, Inc., Class A (A)(C) | &nbsp;&nbsp;&nbsp;6115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98329 |
| Sprinklr, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;2534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19562 |
| Sprout Social, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12339 |
| SPS Commerce, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65504 |
| Strategy, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4316 | &nbsp;&nbsp;&nbsp;&nbsp;1390658 |
| Synopsys, Inc. (A) | &nbsp;&nbsp;&nbsp;3019 | &nbsp;&nbsp;&nbsp;&nbsp;1489544 |
| Telos Corp. (A) | &nbsp;&nbsp;&nbsp;1319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9022 |
| Tenable Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59078 |
| Teradata Corp. (A) | &nbsp;&nbsp;&nbsp;1576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33900 |
| TeraWulf, Inc. (A) | &nbsp;&nbsp;&nbsp;6656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76012 |
| Thumzup Media Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1995 |
| TON Strategy Company (A) | &nbsp;&nbsp;&nbsp;1039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7315 |
| Tyler Technologies, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369351 |
| UiPath, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;7481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100096 |
| Unity Software, Inc. (A) | &nbsp;&nbsp;&nbsp;6886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275715 |
| Varonis Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;1830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105170 |
| Verint Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20392 |
| Veritone, Inc. (A) | &nbsp;&nbsp;&nbsp;1009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4863 |
| Vertex, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32425 |
| Weave Communications, Inc. (A) | &nbsp;&nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9773 |
| Workday, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;3533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850499 |
| Workiva, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75062 |
| Yext, Inc. (A) | &nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18787 |
| Zeta Global Holdings Corp., Class A (A) | &nbsp;&nbsp;&nbsp;3486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69267 |
| Zoom Video Communications, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;4342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358215 |
| Zscaler, Inc. (A) | &nbsp;&nbsp;&nbsp;2534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759338 |
|  |  | 123770598 |
| **Technology hardware, storage and peripherals – 5.9%** | **Technology hardware, storage and peripherals – 5.9%** |  |
| Apple, Inc. | 241569 | &nbsp;&nbsp;&nbsp;61510714 |
| CompoSecure, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;1692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35227 |
| Corsair Gaming, Inc. (A) | &nbsp;&nbsp;&nbsp;1902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16966 |
| Dell Technologies, Inc., Class C | &nbsp;&nbsp;&nbsp;5524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783137 |
| Diebold Nixdorf, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35073 |
| Eastman Kodak Company (A) | &nbsp;&nbsp;&nbsp;1541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9878 |
| Hewlett Packard Enterprise Company | &nbsp;&nbsp;21445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526689 |
| HP, Inc. | &nbsp;&nbsp;15144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412371 |
| IonQ, Inc. (A) | &nbsp;&nbsp;&nbsp;4848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298152 |
| NetApp, Inc. | &nbsp;&nbsp;&nbsp;3229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382507 |
| One Stop Systems, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2669 |
| Pure Storage, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;5323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446121 |
| Quantum Computing, Inc. (A)(C) | &nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48050 |
| Quantum Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480 |
| Sandisk Corp. (A) | &nbsp;&nbsp;&nbsp;2376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266587 |
| Seagate Technology Holdings PLC | &nbsp;&nbsp;&nbsp;3458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816295 |
| Super Micro Computer, Inc. (A) | &nbsp;&nbsp;&nbsp;9670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463580 |
| Turtle Beach Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6106 |
| Western Digital Corp. | &nbsp;&nbsp;&nbsp;5641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677258 |
| Xerox Holdings Corp. (C) | &nbsp;&nbsp;&nbsp;2297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8637 |
|  |  | &nbsp;&nbsp;&nbsp;66748497 |
|  |  | 357439372 |
| **Materials – 2.2%** |  |  |
| **Chemicals – 1.1%** | **Chemicals – 1.1%** |  |
| AdvanSix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9864 |
| Air Products & Chemicals, Inc. | &nbsp;&nbsp;&nbsp;3622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987792 |
| Albemarle Corp. | &nbsp;&nbsp;&nbsp;1925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156079 |
| Ashland, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36555 |
| ASP Isotopes, Inc. (A) | &nbsp;&nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14796 |
| Aspen Aerogels, Inc. (A) | &nbsp;&nbsp;&nbsp;1439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10015 |
| Avient Corp. | &nbsp;&nbsp;&nbsp;1549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51040 |
| Axalta Coating Systems, Ltd. (A) | &nbsp;&nbsp;&nbsp;3474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99426 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Chemicals (continued)** | **Chemicals (continued)** |  |
| Balchem Corp. | &nbsp;&nbsp;&nbsp;&nbsp;544 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81633 |
| Cabot Corp. | &nbsp;&nbsp;&nbsp;&nbsp;846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64338 |
| Celanese Corp. | &nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75744 |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;2627 | &nbsp;&nbsp;&nbsp;&nbsp;235642 |
| Corteva, Inc. | 11052 | &nbsp;&nbsp;&nbsp;&nbsp;747447 |
| CVR Nitrogen LP (A)(B) | &nbsp;&nbsp;1086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 |
| Dow, Inc. | 11585 | &nbsp;&nbsp;&nbsp;&nbsp;265644 |
| DuPont de Nemours, Inc. | &nbsp;&nbsp;6814 | &nbsp;&nbsp;&nbsp;&nbsp;530811 |
| Eastman Chemical Company | &nbsp;&nbsp;1830 | &nbsp;&nbsp;&nbsp;&nbsp;115382 |
| Ecolab, Inc. | &nbsp;&nbsp;4625 | &nbsp;&nbsp;&nbsp;1266603 |
| Ecovyst, Inc. (A) | &nbsp;&nbsp;2077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18195 |
| Element Solutions, Inc. | &nbsp;&nbsp;3934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99019 |
| Flotek Industries, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8015 |
| FMC Corp. | &nbsp;&nbsp;2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68504 |
| Hawkins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62490 |
| HB Fuller Company | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53352 |
| Huntsman Corp. | &nbsp;&nbsp;2965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26626 |
| Ingevity Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34163 |
| Innospec, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34645 |
| International Flavors & Fragrances, Inc. | &nbsp;&nbsp;4181 | &nbsp;&nbsp;&nbsp;&nbsp;257299 |
| Intrepid Potash, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8624 |
| Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11788 |
| Kronos Worldwide, Inc. | &nbsp;&nbsp;1874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10757 |
| Linde PLC | &nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;3624250 |
| LSB Industries, Inc. (A) | &nbsp;&nbsp;1484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11694 |
| LyondellBasell Industries NV, Class A | &nbsp;&nbsp;5215 | &nbsp;&nbsp;&nbsp;&nbsp;255744 |
| Mativ Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11027 |
| Minerals Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33669 |
| NewMarket Corp. | &nbsp;&nbsp;&nbsp;&nbsp;154 | &nbsp;&nbsp;&nbsp;&nbsp;127544 |
| Novusterra, Inc. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Olin Corp. | &nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46381 |
| Orion SA | &nbsp;&nbsp;1111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8421 |
| Perimeter Solutions, Inc. (A) | &nbsp;&nbsp;2422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54229 |
| PPG Industries, Inc. | &nbsp;&nbsp;3654 | &nbsp;&nbsp;&nbsp;&nbsp;384072 |
| PureCycle Technologies, Inc. (A)(C) | &nbsp;&nbsp;2967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39016 |
| Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38471 |
| RPM International, Inc. | &nbsp;&nbsp;2087 | &nbsp;&nbsp;&nbsp;&nbsp;246016 |
| Sensient Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65977 |
| Stepan Company | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21465 |
| The Chemours Company | &nbsp;&nbsp;2462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38998 |
| The Mosaic Company | &nbsp;&nbsp;5168 | &nbsp;&nbsp;&nbsp;&nbsp;179226 |
| The Scotts Miracle-Gro Company | &nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54103 |
| The Sherwin-Williams Company | &nbsp;&nbsp;4055 | &nbsp;&nbsp;&nbsp;1404084 |
| Tronox Holdings PLC | &nbsp;&nbsp;2879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11574 |
| Valhi, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7227 |
| Westlake Corp. | &nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp;162597 |
|  |  | 12268268 |
| **Construction materials – 0.3%** | **Construction materials – 0.3%** |  |
| Amrize, Ltd. (A) | &nbsp;&nbsp;9479 | &nbsp;&nbsp;&nbsp;&nbsp;460016 |
| CRH PLC | 10928 | &nbsp;&nbsp;&nbsp;1310267 |
| Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp;&nbsp;&nbsp;121647 |
| James Hardie Industries PLC (A) | &nbsp;&nbsp;9494 | &nbsp;&nbsp;&nbsp;&nbsp;182380 |
| Knife River Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71489 |
| Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;977 | &nbsp;&nbsp;&nbsp;&nbsp;615784 |
| Titan America SA (A)(C) | &nbsp;&nbsp;3154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47121 |
| United States Lime & Minerals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63276 |
| Vulcan Materials Company | &nbsp;&nbsp;2143 | &nbsp;&nbsp;&nbsp;&nbsp;659230 |
|  |  | &nbsp;&nbsp;&nbsp;3531210 |
| **Containers and packaging – 0.2%** | **Containers and packaging – 0.2%** |  |
| Amcor PLC | 37319 | &nbsp;&nbsp;&nbsp;&nbsp;305269 |
| AptarGroup, Inc. | &nbsp;&nbsp;1074 | &nbsp;&nbsp;&nbsp;&nbsp;143551 |
| Ardagh Metal Packaging SA | 10268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40969 |
| Avery Dennison Corp. | &nbsp;&nbsp;1246 | &nbsp;&nbsp;&nbsp;&nbsp;202064 |
| Ball Corp. | &nbsp;&nbsp;4435 | &nbsp;&nbsp;&nbsp;&nbsp;223613 |
| Crown Holdings, Inc. | &nbsp;&nbsp;1880 | &nbsp;&nbsp;&nbsp;&nbsp;181589 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Containers and packaging (continued)** | **Containers and packaging (continued)** |  |
| Graphic Packaging Holding Company | &nbsp;&nbsp;4765 | $&nbsp;&nbsp;&nbsp;&nbsp;93251 |
| Greif, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp;27490 |
| International Paper Company | &nbsp;&nbsp;8582 | &nbsp;&nbsp;&nbsp;&nbsp;398205 |
| Myers Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;12705 |
| O-I Glass, Inc. (A) | &nbsp;&nbsp;2626 | &nbsp;&nbsp;&nbsp;&nbsp;34059 |
| Packaging Corp. of America | &nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp;315999 |
| Ranpak Holdings Corp. (A) | &nbsp;&nbsp;1762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9902 |
| Sealed Air Corp. | &nbsp;&nbsp;2386 | &nbsp;&nbsp;&nbsp;&nbsp;84345 |
| Silgan Holdings, Inc. | &nbsp;&nbsp;1753 | &nbsp;&nbsp;&nbsp;&nbsp;75397 |
| Smurfit WestRock PLC | &nbsp;&nbsp;8439 | &nbsp;&nbsp;&nbsp;&nbsp;359248 |
| Sonoco Products Company | &nbsp;&nbsp;1567 | &nbsp;&nbsp;&nbsp;&nbsp;67522 |
| TriMas Corp. | &nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp;26662 |
|  |  | 2601840 |
| **Metals and mining – 0.6%** | **Metals and mining – 0.6%** |  |
| Alcoa Corp. | &nbsp;&nbsp;4190 | &nbsp;&nbsp;&nbsp;&nbsp;137809 |
| Alpha Metallurgical Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;214 | &nbsp;&nbsp;&nbsp;&nbsp;35115 |
| American Battery Technology Company (A) | &nbsp;&nbsp;1669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8111 |
| Aura Minerals, Inc. | &nbsp;&nbsp;1419 | &nbsp;&nbsp;&nbsp;&nbsp;52801 |
| Caledonia Mining Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp;14520 |
| Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;&nbsp;198642 |
| Century Aluminum Company (A) | &nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp;44921 |
| Cleveland-Cliffs, Inc. (A) | &nbsp;&nbsp;8124 | &nbsp;&nbsp;&nbsp;&nbsp;99113 |
| Coeur Mining, Inc. (A) | 10497 | &nbsp;&nbsp;&nbsp;&nbsp;196924 |
| Commercial Metals Company | &nbsp;&nbsp;1821 | &nbsp;&nbsp;&nbsp;&nbsp;104307 |
| Compass Minerals International, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp;14016 |
| Ferroglobe PLC | &nbsp;&nbsp;3356 | &nbsp;&nbsp;&nbsp;&nbsp;15270 |
| Freeport-McMoRan, Inc. | 23377 | &nbsp;&nbsp;&nbsp;&nbsp;916846 |
| Hecla Mining Company | 10965 | &nbsp;&nbsp;&nbsp;&nbsp;132677 |
| Idaho Strategic Resources, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8921 |
| Inno Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 |
| Ivanhoe Electric, Inc. (A) | &nbsp;&nbsp;2449 | &nbsp;&nbsp;&nbsp;&nbsp;30735 |
| Kaiser Aluminum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp;21450 |
| Lifezone Metals, Ltd. (A) | &nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7217 |
| MAC Copper, Ltd. (A) | &nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp;18181 |
| Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp;41679 |
| McEwen, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;997 | &nbsp;&nbsp;&nbsp;&nbsp;17049 |
| Metallus, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;&nbsp;13819 |
| MP Materials Corp. (A) | &nbsp;&nbsp;2889 | &nbsp;&nbsp;&nbsp;&nbsp;193765 |
| Newmont Corp. | 17896 | 1508812 |
| NioCorp Developments, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5083 |
| Nucor Corp. | &nbsp;&nbsp;3730 | &nbsp;&nbsp;&nbsp;&nbsp;505154 |
| Olympic Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7552 |
| Pan American Silver Corp. (A) | &nbsp;&nbsp;7232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2530 |
| Perpetua Resources Corp. (A) | &nbsp;&nbsp;1797 | &nbsp;&nbsp;&nbsp;&nbsp;36353 |
| Ramaco Resources, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp;31497 |
| ReElement Technologies Corp. (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;239829 |
| Royal Gold, Inc. | &nbsp;&nbsp;1081 | &nbsp;&nbsp;&nbsp;&nbsp;216827 |
| Ryerson Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;617 | &nbsp;&nbsp;&nbsp;&nbsp;14105 |
| Southern Copper Corp. | 13243 | 1607170 |
| Steel Dynamics, Inc. | &nbsp;&nbsp;2384 | &nbsp;&nbsp;&nbsp;&nbsp;332401 |
| SunCoke Energy, Inc. | &nbsp;&nbsp;1503 | &nbsp;&nbsp;&nbsp;&nbsp;12264 |
| United States Antimony Corp. (A) | &nbsp;&nbsp;2161 | &nbsp;&nbsp;&nbsp;&nbsp;13398 |
| US Gold Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5636 |
| USA Rare Earth, Inc. (A)(C) | &nbsp;&nbsp;1617 | &nbsp;&nbsp;&nbsp;&nbsp;27796 |
| Warrior Met Coal, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp;55367 |
| Worthington Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;887 | &nbsp;&nbsp;&nbsp;&nbsp;26956 |
|  |  | 6973029 |
| **Paper and forest products – 0.0%** | **Paper and forest products – 0.0%** |  |
| Clearwater Paper Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6415 |
| Louisiana-Pacific Corp. | &nbsp;&nbsp;1134 | &nbsp;&nbsp;&nbsp;&nbsp;100745 |
| Magnera Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8005 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Paper and forest products (continued)** | **Paper and forest products (continued)** |  |
| Sylvamo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;670 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;144792 |
|  |  | 25519139 |
| **Real estate – 2.2%** |  |  |
| **Diversified REITs – 0.1%** | **Diversified REITs – 0.1%** |  |
| Alexander & Baldwin, Inc. | &nbsp;&nbsp;1553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28249 |
| American Assets Trust, Inc. | &nbsp;&nbsp;1152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23409 |
| Armada Hoffler Properties, Inc. | &nbsp;&nbsp;1460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10235 |
| Broadstone Net Lease, Inc. | &nbsp;&nbsp;3156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56398 |
| CTO Realty Growth, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14523 |
| Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;3124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92970 |
| Gladstone Commercial Corp. | &nbsp;&nbsp;1144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14094 |
| Global Net Lease, Inc. | &nbsp;&nbsp;4033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32788 |
| One Liberty Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8074 |
| WP Carey, Inc. | &nbsp;&nbsp;3563 | &nbsp;&nbsp;&nbsp;&nbsp;240752 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;521492 |
| **Health care REITs – 0.3%** | **Health care REITs – 0.3%** |  |
| Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp;2806 | &nbsp;&nbsp;&nbsp;&nbsp;233852 |
| American Healthcare REIT, Inc. | &nbsp;&nbsp;2752 | &nbsp;&nbsp;&nbsp;&nbsp;115612 |
| CareTrust REIT, Inc. | &nbsp;&nbsp;3619 | &nbsp;&nbsp;&nbsp;&nbsp;125507 |
| Community Healthcare Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9241 |
| Diversified Healthcare Trust | &nbsp;&nbsp;4326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19078 |
| Global Medical REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9473 |
| Healthcare Realty Trust, Inc. | &nbsp;&nbsp;5794 | &nbsp;&nbsp;&nbsp;&nbsp;104466 |
| Healthpeak Properties, Inc. | 11245 | &nbsp;&nbsp;&nbsp;&nbsp;215342 |
| LTC Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28235 |
| Medical Properties Trust, Inc. | &nbsp;&nbsp;9956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50477 |
| National Health Investors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62328 |
| Omega Healthcare Investors, Inc. | &nbsp;&nbsp;4764 | &nbsp;&nbsp;&nbsp;&nbsp;201136 |
| Sabra Health Care REIT, Inc. | &nbsp;&nbsp;3880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72323 |
| Sila Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23167 |
| Universal Health Realty Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8970 |
| Ventas, Inc. | &nbsp;&nbsp;7406 | &nbsp;&nbsp;&nbsp;&nbsp;518346 |
| Welltower, Inc. | 10885 | &nbsp;&nbsp;&nbsp;1939054 |
|  |  | &nbsp;&nbsp;&nbsp;3736607 |
| **Hotel and resort REITs – 0.0%** | **Hotel and resort REITs – 0.0%** |  |
| Apple Hospitality REIT, Inc. | &nbsp;&nbsp;3442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41338 |
| DiamondRock Hospitality Company | &nbsp;&nbsp;3444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27414 |
| Host Hotels & Resorts, Inc. | 10794 | &nbsp;&nbsp;&nbsp;&nbsp;183714 |
| Park Hotels & Resorts, Inc. | &nbsp;&nbsp;3040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33683 |
| Pebblebrook Hotel Trust | &nbsp;&nbsp;1909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21744 |
| RLJ Lodging Trust | &nbsp;&nbsp;2362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17006 |
| Ryman Hospitality Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88873 |
| Service Properties Trust | &nbsp;&nbsp;3329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9022 |
| Summit Hotel Properties, Inc. | &nbsp;&nbsp;2101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11534 |
| Sunstone Hotel Investors, Inc. | &nbsp;&nbsp;3093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28981 |
| Xenia Hotels & Resorts, Inc. | &nbsp;&nbsp;1558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21376 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;484685 |
| **Industrial REITs – 0.2%** | **Industrial REITs – 0.2%** |  |
| Americold Realty Trust, Inc. | &nbsp;&nbsp;4722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57797 |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;853 | &nbsp;&nbsp;&nbsp;&nbsp;144379 |
| First Industrial Realty Trust, Inc. | &nbsp;&nbsp;2134 | &nbsp;&nbsp;&nbsp;&nbsp;109837 |
| Innovative Industrial Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24754 |
| Lineage, Inc. | &nbsp;&nbsp;3758 | &nbsp;&nbsp;&nbsp;&nbsp;145209 |
| LXP Industrial Trust | &nbsp;&nbsp;5326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47721 |
| Plymouth Industrial REIT, Inc. | &nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22710 |
| Prologis, Inc. | 15118 | &nbsp;&nbsp;&nbsp;1731313 |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp;3807 | &nbsp;&nbsp;&nbsp;&nbsp;156506 |
| STAG Industrial, Inc. | &nbsp;&nbsp;2992 | &nbsp;&nbsp;&nbsp;&nbsp;105588 |
| Terreno Realty Corp. | &nbsp;&nbsp;1677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95170 |
|  |  | &nbsp;&nbsp;&nbsp;2640984 |
| **Office REITs – 0.1%** | **Office REITs – 0.1%** |  |
| Brandywine Realty Trust | &nbsp;&nbsp;3431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14307 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Office REITs (continued)** | **Office REITs (continued)** |  |
| BXP, Inc. | &nbsp;&nbsp;2569 | $&nbsp;&nbsp;&nbsp;&nbsp;190979 |
| City Office REIT, Inc. | &nbsp;&nbsp;1162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8088 |
| COPT Defense Properties | &nbsp;&nbsp;1819 | &nbsp;&nbsp;&nbsp;&nbsp;52860 |
| Cousins Properties, Inc. | &nbsp;&nbsp;2729 | &nbsp;&nbsp;&nbsp;&nbsp;78977 |
| Douglas Emmett, Inc. | &nbsp;&nbsp;2779 | &nbsp;&nbsp;&nbsp;&nbsp;43269 |
| Easterly Government Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;17335 |
| Empire State Realty Trust, Inc., Class A | &nbsp;&nbsp;2839 | &nbsp;&nbsp;&nbsp;&nbsp;21747 |
| Highwoods Properties, Inc. | &nbsp;&nbsp;1748 | &nbsp;&nbsp;&nbsp;&nbsp;55621 |
| Hudson Pacific Properties, Inc. (A) | &nbsp;&nbsp;6526 | &nbsp;&nbsp;&nbsp;&nbsp;18012 |
| JBG SMITH Properties | &nbsp;&nbsp;1078 | &nbsp;&nbsp;&nbsp;&nbsp;23986 |
| Kilroy Realty Corp. | &nbsp;&nbsp;1906 | &nbsp;&nbsp;&nbsp;&nbsp;80529 |
| NET Lease Office Properties | &nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8542 |
| New York REIT Liquidating LLC (A)(B) | &nbsp;&nbsp;&nbsp;&nbsp;457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971 |
| Paramount Group, Inc. (A) | &nbsp;&nbsp;3861 | &nbsp;&nbsp;&nbsp;&nbsp;25251 |
| Peakstone Realty Trust | &nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7793 |
| Piedmont Realty Trust, Inc. | &nbsp;&nbsp;2379 | &nbsp;&nbsp;&nbsp;&nbsp;21411 |
| Postal Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6229 |
| SL Green Realty Corp. | &nbsp;&nbsp;1162 | &nbsp;&nbsp;&nbsp;&nbsp;69499 |
| Vornado Realty Trust | &nbsp;&nbsp;3151 | &nbsp;&nbsp;&nbsp;&nbsp;127710 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;873116 |
| **Real estate management and development – 0.2%** | **Real estate management and development – 0.2%** |  |
| Anywhere Real Estate, Inc. (A) | &nbsp;&nbsp;2007 | &nbsp;&nbsp;&nbsp;&nbsp;21254 |
| CBRE Group, Inc., Class A (A) | &nbsp;&nbsp;4837 | &nbsp;&nbsp;&nbsp;&nbsp;762118 |
| Compass, Inc., Class A (A) | &nbsp;&nbsp;8617 | &nbsp;&nbsp;&nbsp;&nbsp;69195 |
| CoStar Group, Inc. (A) | &nbsp;&nbsp;6899 | &nbsp;&nbsp;&nbsp;&nbsp;582069 |
| Cushman & Wakefield PLC (A) | &nbsp;&nbsp;3749 | &nbsp;&nbsp;&nbsp;&nbsp;59684 |
| eXp World Holdings, Inc. | &nbsp;&nbsp;2678 | &nbsp;&nbsp;&nbsp;&nbsp;28547 |
| Forestar Group, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;903 | &nbsp;&nbsp;&nbsp;&nbsp;24011 |
| FRP Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7771 |
| Howard Hughes Holdings, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;&nbsp;&nbsp;80527 |
| Jones Lang LaSalle, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;763 | &nbsp;&nbsp;&nbsp;&nbsp;227588 |
| Kennedy-Wilson Holdings, Inc. | &nbsp;&nbsp;2828 | &nbsp;&nbsp;&nbsp;&nbsp;23529 |
| Marcus & Millichap, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp;24713 |
| Maui Land & Pineapple Company, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6133 |
| Newmark Group, Inc., Class A | &nbsp;&nbsp;2513 | &nbsp;&nbsp;&nbsp;&nbsp;46867 |
| Offerpad Solutions, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2523 |
| Opendoor Technologies, Inc. (A)(C) | 11990 | &nbsp;&nbsp;&nbsp;&nbsp;95560 |
| Tejon Ranch Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7495 |
| The Real Brokerage, Inc. (A) | &nbsp;&nbsp;3077 | &nbsp;&nbsp;&nbsp;&nbsp;12862 |
| The RMR Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7330 |
| The St. Joe Company | &nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;48738 |
| Zillow Group, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;948 | &nbsp;&nbsp;&nbsp;&nbsp;70569 |
| Zillow Group, Inc., Class C (A) | &nbsp;&nbsp;2908 | &nbsp;&nbsp;&nbsp;&nbsp;224061 |
|  |  | 2433144 |
| **Residential REITs – 0.3%** | **Residential REITs – 0.3%** |  |
| American Homes 4 Rent, Class A | &nbsp;&nbsp;6039 | &nbsp;&nbsp;&nbsp;&nbsp;200797 |
| Apartment Investment and Management Company, Class A | &nbsp;&nbsp;3007 | &nbsp;&nbsp;&nbsp;&nbsp;23846 |
| AvalonBay Communities, Inc. | &nbsp;&nbsp;2314 | &nbsp;&nbsp;&nbsp;&nbsp;446995 |
| Camden Property Trust | &nbsp;&nbsp;1719 | &nbsp;&nbsp;&nbsp;&nbsp;183555 |
| Centerspace | &nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp;18789 |
| Elme Communities | &nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp;27229 |
| Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;3152 | &nbsp;&nbsp;&nbsp;&nbsp;191326 |
| Equity Residential | &nbsp;&nbsp;6230 | &nbsp;&nbsp;&nbsp;&nbsp;403268 |
| Essex Property Trust, Inc. | &nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp;279705 |
| Independence Realty Trust, Inc. | &nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp;&nbsp;62528 |
| Invitation Homes, Inc. | &nbsp;&nbsp;9975 | &nbsp;&nbsp;&nbsp;&nbsp;292567 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;1893 | &nbsp;&nbsp;&nbsp;&nbsp;264509 |
| NexPoint Residential Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;607 | &nbsp;&nbsp;&nbsp;&nbsp;19558 |
| Sun Communities, Inc. | &nbsp;&nbsp;2041 | &nbsp;&nbsp;&nbsp;&nbsp;263289 |
| UDR, Inc. | &nbsp;&nbsp;5351 | &nbsp;&nbsp;&nbsp;&nbsp;199378 |
| UMH Properties, Inc. | &nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp;26195 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Residential REITs (continued)** | **Residential REITs (continued)** |  |
| Veris Residential, Inc. | &nbsp;&nbsp;1820 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27664 |
|  |  | &nbsp;&nbsp;&nbsp;2931198 |
| **Retail REITs – 0.3%** | **Retail REITs – 0.3%** |  |
| Acadia Realty Trust | &nbsp;&nbsp;2153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43383 |
| Agree Realty Corp. | &nbsp;&nbsp;1765 | &nbsp;&nbsp;&nbsp;&nbsp;125386 |
| Alexander's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24621 |
| Brixmor Property Group, Inc. | &nbsp;&nbsp;4951 | &nbsp;&nbsp;&nbsp;&nbsp;137044 |
| CBL & Associates Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16513 |
| Curbline Properties Corp. | &nbsp;&nbsp;1862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41523 |
| Federal Realty Investment Trust | &nbsp;&nbsp;1356 | &nbsp;&nbsp;&nbsp;&nbsp;137376 |
| FrontView REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6252 |
| Getty Realty Corp. | &nbsp;&nbsp;1043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27984 |
| InvenTrust Properties Corp. | &nbsp;&nbsp;1337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38265 |
| Kimco Realty Corp. | 10884 | &nbsp;&nbsp;&nbsp;&nbsp;237815 |
| Kite Realty Group Trust | &nbsp;&nbsp;3502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78095 |
| NETSTREIT Corp. | &nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30449 |
| NNN REIT, Inc. | &nbsp;&nbsp;3021 | &nbsp;&nbsp;&nbsp;&nbsp;128604 |
| Phillips Edison & Company, Inc. | &nbsp;&nbsp;2097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71990 |
| Realty Income Corp. | 14823 | &nbsp;&nbsp;&nbsp;&nbsp;901090 |
| Regency Centers Corp. | &nbsp;&nbsp;2920 | &nbsp;&nbsp;&nbsp;&nbsp;212868 |
| Saul Centers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12461 |
| Simon Property Group, Inc. | &nbsp;&nbsp;5297 | &nbsp;&nbsp;&nbsp;&nbsp;994088 |
| SITE Centers Corp. | &nbsp;&nbsp;1207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10875 |
| Tanger, Inc. | &nbsp;&nbsp;1797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60810 |
| The Macerich Company | &nbsp;&nbsp;4162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75748 |
| Urban Edge Properties | &nbsp;&nbsp;2093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42844 |
| Whitestone REIT | &nbsp;&nbsp;1151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14134 |
|  |  | &nbsp;&nbsp;&nbsp;3470218 |
| **Specialized REITs – 0.7%** | **Specialized REITs – 0.7%** |  |
| American Tower Corp. | &nbsp;&nbsp;7629 | &nbsp;&nbsp;&nbsp;1467209 |
| Crown Castle, Inc. | &nbsp;&nbsp;7101 | &nbsp;&nbsp;&nbsp;&nbsp;685175 |
| CubeSmart | &nbsp;&nbsp;3665 | &nbsp;&nbsp;&nbsp;&nbsp;149019 |
| Digital Realty Trust, Inc. | &nbsp;&nbsp;5554 | &nbsp;&nbsp;&nbsp;&nbsp;960176 |
| EPR Properties | &nbsp;&nbsp;1198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69496 |
| Equinix, Inc. | &nbsp;&nbsp;1593 | &nbsp;&nbsp;&nbsp;1247701 |
| Extra Space Storage, Inc. | &nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp;486948 |
| Farmland Partners, Inc. | &nbsp;&nbsp;1001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10891 |
| Four Corners Property Trust, Inc. | &nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46482 |
| Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;4522 | &nbsp;&nbsp;&nbsp;&nbsp;210770 |
| Gladstone Land Corp. | &nbsp;&nbsp;1112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10186 |
| Iron Mountain, Inc. | &nbsp;&nbsp;4812 | &nbsp;&nbsp;&nbsp;&nbsp;490535 |
| Lamar Advertising Company, Class A | &nbsp;&nbsp;1401 | &nbsp;&nbsp;&nbsp;&nbsp;171510 |
| Millrose Properties, Inc., Class A | &nbsp;&nbsp;2532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85101 |
| National Storage Affiliates Trust | &nbsp;&nbsp;1229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37140 |
| Outfront Media, Inc. | &nbsp;&nbsp;2689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49262 |
| PotlatchDeltic Corp. | &nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53179 |
| Public Storage | &nbsp;&nbsp;2860 | &nbsp;&nbsp;&nbsp;&nbsp;826111 |
| Rayonier, Inc. | &nbsp;&nbsp;2528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67093 |
| Safehold, Inc. | &nbsp;&nbsp;1326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20540 |
| SBA Communications Corp. | &nbsp;&nbsp;1747 | &nbsp;&nbsp;&nbsp;&nbsp;337782 |
| Smartstop Self Storage REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19121 |
| VICI Properties, Inc. | 17138 | &nbsp;&nbsp;&nbsp;&nbsp;558870 |
| Weyerhaeuser Company | 11825 | &nbsp;&nbsp;&nbsp;&nbsp;293142 |
|  |  | &nbsp;&nbsp;&nbsp;8353439 |
|  |  | 25444883 |
| **Utilities – 2.2%** |  |  |
| **Electric utilities – 1.3%** | **Electric utilities – 1.3%** |  |
| ALLETE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62217 |
| Alliant Energy Corp. | &nbsp;&nbsp;4169 | &nbsp;&nbsp;&nbsp;&nbsp;281032 |
| American Electric Power Company, Inc. | &nbsp;&nbsp;8703 | &nbsp;&nbsp;&nbsp;&nbsp;979088 |
| Constellation Energy Corp. | &nbsp;&nbsp;5086 | &nbsp;&nbsp;&nbsp;1673650 |
| Duke Energy Corp. | 12677 | &nbsp;&nbsp;&nbsp;1568779 |
| Edison International | &nbsp;&nbsp;6250 | &nbsp;&nbsp;&nbsp;&nbsp;345500 |
| Entergy Corp. | &nbsp;&nbsp;7252 | &nbsp;&nbsp;&nbsp;&nbsp;675814 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electric utilities (continued)** | **Electric utilities (continued)** |  |
| Evergy, Inc. | &nbsp;&nbsp;3680 | $&nbsp;&nbsp;&nbsp;&nbsp;279754 |
| Eversource Energy | &nbsp;&nbsp;6046 | &nbsp;&nbsp;&nbsp;&nbsp;430112 |
| Exelon Corp. | 16446 | &nbsp;&nbsp;&nbsp;&nbsp;740234 |
| FirstEnergy Corp. | &nbsp;&nbsp;9359 | &nbsp;&nbsp;&nbsp;&nbsp;428829 |
| Genie Energy, Ltd., B Shares | &nbsp;&nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6219 |
| Hawaiian Electric Industries, Inc. (A) | &nbsp;&nbsp;2854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31508 |
| IDACORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp;116292 |
| MGE Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53959 |
| NextEra Energy, Inc. | 33541 | &nbsp;&nbsp;&nbsp;2532010 |
| NRG Energy, Inc. | &nbsp;&nbsp;3147 | &nbsp;&nbsp;&nbsp;&nbsp;509657 |
| OGE Energy Corp. | &nbsp;&nbsp;3368 | &nbsp;&nbsp;&nbsp;&nbsp;155837 |
| Oklo, Inc. (A)(C) | &nbsp;&nbsp;2404 | &nbsp;&nbsp;&nbsp;&nbsp;268359 |
| Otter Tail Corp. | &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57625 |
| PG&E Corp. | 35713 | &nbsp;&nbsp;&nbsp;&nbsp;538552 |
| Pinnacle West Capital Corp. | &nbsp;&nbsp;1917 | &nbsp;&nbsp;&nbsp;&nbsp;171878 |
| Portland General Electric Company | &nbsp;&nbsp;1745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76780 |
| PPL Corp. | 12016 | &nbsp;&nbsp;&nbsp;&nbsp;446515 |
| The Southern Company | 17924 | &nbsp;&nbsp;&nbsp;1698657 |
| TXNM Energy, Inc. | &nbsp;&nbsp;1692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95683 |
| Xcel Energy, Inc. | &nbsp;&nbsp;9631 | &nbsp;&nbsp;&nbsp;&nbsp;776740 |
|  |  | 15001280 |
| **Gas utilities – 0.1%** | **Gas utilities – 0.1%** |  |
| Atmos Energy Corp. | &nbsp;&nbsp;2591 | &nbsp;&nbsp;&nbsp;&nbsp;442413 |
| Chesapeake Utilities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55627 |
| MDU Resources Group, Inc. | &nbsp;&nbsp;3472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61836 |
| National Fuel Gas Company | &nbsp;&nbsp;1473 | &nbsp;&nbsp;&nbsp;&nbsp;136061 |
| New Jersey Resources Corp. | &nbsp;&nbsp;1721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82866 |
| Northwest Natural Holding Company | &nbsp;&nbsp;&nbsp;&nbsp;762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34237 |
| ONE Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79321 |
| Southwest Gas Holdings, Inc. | &nbsp;&nbsp;1183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92676 |
| Spire, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76873 |
| UGI Corp. | &nbsp;&nbsp;3467 | &nbsp;&nbsp;&nbsp;&nbsp;115312 |
|  |  | &nbsp;&nbsp;&nbsp;1177222 |
| **Independent power and renewable electricity producers –<br> 0.2%** | **Independent power and renewable electricity producers –<br> 0.2%** |  |
| Clearway Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17289 |
| Clearway Energy, Inc., Class C | &nbsp;&nbsp;1369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38674 |
| Hallador Energy Company (A) | &nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14364 |
| Ormat Technologies, Inc. | &nbsp;&nbsp;1003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96539 |
| Talen Energy Corp. (A) | &nbsp;&nbsp;&nbsp;&nbsp;744 | &nbsp;&nbsp;&nbsp;&nbsp;316483 |
| The AES Corp. | 11569 | &nbsp;&nbsp;&nbsp;&nbsp;152248 |
| Vistra Corp. | &nbsp;&nbsp;5513 | &nbsp;&nbsp;&nbsp;1080107 |
|  |  | &nbsp;&nbsp;&nbsp;1715704 |
| **Multi-utilities – 0.5%** | **Multi-utilities – 0.5%** |  |
| Ameren Corp. | &nbsp;&nbsp;4412 | &nbsp;&nbsp;&nbsp;&nbsp;460525 |
| Avista Corp. | &nbsp;&nbsp;1352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51119 |
| Black Hills Corp. | &nbsp;&nbsp;1166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71814 |
| CenterPoint Energy, Inc. | 10613 | &nbsp;&nbsp;&nbsp;&nbsp;411784 |
| CMS Energy Corp. | &nbsp;&nbsp;4825 | &nbsp;&nbsp;&nbsp;&nbsp;353480 |
| Consolidated Edison, Inc. | &nbsp;&nbsp;5866 | &nbsp;&nbsp;&nbsp;&nbsp;589650 |
| Dominion Energy, Inc. | 13924 | &nbsp;&nbsp;&nbsp;&nbsp;851731 |
| DTE Energy Company | &nbsp;&nbsp;3369 | &nbsp;&nbsp;&nbsp;&nbsp;476478 |
| NiSource, Inc. | &nbsp;&nbsp;7593 | &nbsp;&nbsp;&nbsp;&nbsp;328777 |
| Northwestern Energy Group, Inc. | &nbsp;&nbsp;1036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60720 |
| Public Service Enterprise Group, Inc. | &nbsp;&nbsp;8135 | &nbsp;&nbsp;&nbsp;&nbsp;678947 |
| Sempra | 10628 | &nbsp;&nbsp;&nbsp;&nbsp;956307 |
| Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12731 |
| WEC Energy Group, Inc. | &nbsp;&nbsp;5232 | &nbsp;&nbsp;&nbsp;&nbsp;599535 |
|  |  | &nbsp;&nbsp;&nbsp;5903598 |
| **Water utilities – 0.1%** | **Water utilities – 0.1%** |  |
| American States Water Company | &nbsp;&nbsp;&nbsp;&nbsp;687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50371 |
| American Water Works Company, Inc. | &nbsp;&nbsp;3320 | &nbsp;&nbsp;&nbsp;&nbsp;462111 |
| California Water Service Group | &nbsp;&nbsp;1066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48919 |
| Essential Utilities, Inc. | &nbsp;&nbsp;4651 | &nbsp;&nbsp;&nbsp;&nbsp;185575 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Total Stock Market Index Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Water utilities (continued)** | **Water utilities (continued)** |  |
| H2O America | 631 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30730 |
| Middlesex Water Company | 294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15911 |
| The York Water Company | 250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7605 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801222 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;24599026 |
| TOTAL COMMON STOCKS (Cost $426,252,979) | TOTAL COMMON STOCKS (Cost $426,252,979) | $1121540586 |
| **PREFERRED SECURITIES – 0.0%** |  |  |
| **Consumer discretionary – 0.0%** |  |  |
| **Broadline retail – 0.0%** | **Broadline retail – 0.0%** |  |
| QVC Group, Inc., 8.000% | 260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1773 |
| **Financials – 0.0%** |  |  |
| **Capital markets – 0.0%** | **Capital markets – 0.0%** |  |
| CGrowth Capital, Inc. (A)(B) | 110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 |
| **Industrials – 0.0%** |  |  |
| **Industrial conglomerates – 0.0%** | **Industrial conglomerates – 0.0%** |  |
| Steel Partners Holdings LP, 6.000% | 510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12658 |
| TOTAL PREFERRED SECURITIES (Cost $82,033) | TOTAL PREFERRED SECURITIES (Cost $82,033) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14706 |
| **RIGHTS – 0.0%** |  |  |
| Gen Digital, Inc. (Expiration Date: 4-17-27) (A)(D) | 188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310 |
| TOTAL RIGHTS (Cost $733) | TOTAL RIGHTS (Cost $733) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310 |
| **WARRANTS – 0.0%** |  |  |
| M-Tron Industries, Inc. (Expiration Date: 3-11-28; Strike Price: $47.50) (A) | &nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 |
| Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A) | &nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 |
| TOTAL WARRANTS (Cost $0) | TOTAL WARRANTS (Cost $0) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS – 2.0%** | **SHORT-TERM INVESTMENTS – 2.0%** |  |
| **Short-term funds – 2.0%** |  |  |
| John Hancock Collateral Trust, 4.0668% (E)(F) | 2222804 | $&nbsp;&nbsp;&nbsp;&nbsp;22235599 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $22,234,203) | TOTAL SHORT-TERM INVESTMENTS (Cost $22,234,203) | $&nbsp;&nbsp;&nbsp;&nbsp;22235599 |
| **Total Investments (Total Stock Market Index Trust)<br> (Cost $448,569,948) – 100.3%** | **Total Investments (Total Stock Market Index Trust)<br> (Cost $448,569,948) – 100.3%** | $**1143792332** |
| **Other assets and liabilities, net – (0.3%)** | **Other assets and liabilities, net – (0.3%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3077287)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**1140715045** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| ADR | American Depositary Receipt |
| CVR | Contingent Value Right |
| (A) | Non-income producing security. |
| (B) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $4,842,196. |
| (D) | Strike price and/or expiration date not available. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $4,990,064. |

---

#### DERIVATIVES

#### FUTURES

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> basis^** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> value^** | &nbsp;&nbsp;&nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** |
| Russell 2000 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;14 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;$1708986 | &nbsp;&nbsp;&nbsp;&nbsp;$1718850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9864 |
| S&P 500 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;17295240 | &nbsp;&nbsp;&nbsp;&nbsp;17520750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225510 |
| S&P Mid 400 E-Mini Index Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;Dec 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12144) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$223230** |

---

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

#### U.S. Growth Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS – 98.4%** | **COMMON STOCKS – 98.4%** |  |
| **Communication services – 12.7%** |  |  |
| **Entertainment – 3.4%** | **Entertainment – 3.4%** |  |
| Live Nation Entertainment, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46262 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7559211 |
| Netflix, Inc. (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18198407 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25757618 |
| **Interactive media and services – 9.3%** | **Interactive media and services – 9.3%** |  |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46239079 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16332611 |

---

#### U.S. Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Interactive media and services (continued)** | **Interactive media and services (continued)** |  |
| Pinterest, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215988 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6948334 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69520024 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95277642 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### U.S. Growth Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Consumer discretionary – 11.2%** |  |  |
| **Automobiles – 2.1%** | **Automobiles – 2.1%** |  |
| Tesla, Inc. (A) | &nbsp;&nbsp;36003 | $16011254 |
| **Broadline retail – 4.7%** | **Broadline retail – 4.7%** |  |
| Amazon.com, Inc. (A) | 160183 | 35171381 |
| **Distributors – 1.1%** | **Distributors – 1.1%** |  |
| Pool Corp. | &nbsp;&nbsp;26764 | &nbsp;&nbsp;&nbsp;8298713 |
| **Hotels, restaurants and leisure – 2.0%** | **Hotels, restaurants and leisure – 2.0%** |  |
| Airbnb, Inc., Class A (A) | &nbsp;&nbsp;65072 | &nbsp;&nbsp;&nbsp;7901042 |
| DraftKings, Inc., Class A (A) | 182451 | &nbsp;&nbsp;&nbsp;6823667 |
|  |  | 14724709 |
| **Specialty retail – 1.3%** | **Specialty retail – 1.3%** |  |
| Chewy, Inc., Class A (A) | 233666 | &nbsp;&nbsp;&nbsp;9451790 |
|  |  | 83657847 |
| **Consumer staples – 1.4%** |  |  |
| **Consumer staples distribution and retail – 1.0%** | **Consumer staples distribution and retail – 1.0%** |  |
| U.S. Foods Holding Corp. (A) | &nbsp;&nbsp;94004 | &nbsp;&nbsp;&nbsp;7202586 |
| **Tobacco – 0.4%** | **Tobacco – 0.4%** |  |
| Philip Morris International, Inc. | &nbsp;&nbsp;21089 | &nbsp;&nbsp;&nbsp;3420636 |
|  |  | 10623222 |
| **Energy – 2.1%** |  |  |
| **Oil, gas and consumable fuels – 2.1%** | **Oil, gas and consumable fuels – 2.1%** |  |
| Targa Resources Corp. | &nbsp;&nbsp;46511 | &nbsp;&nbsp;&nbsp;7792453 |
| The Williams Companies, Inc. | 120216 | &nbsp;&nbsp;&nbsp;7615684 |
|  |  | 15408137 |
| **Financials – 10.1%** |  |  |
| **Banks – 0.9%** | **Banks – 0.9%** |  |
| Wells Fargo & Company | &nbsp;&nbsp;85801 | &nbsp;&nbsp;&nbsp;7191840 |
| **Capital markets – 5.5%** | **Capital markets – 5.5%** |  |
| Ares Management Corp., Class A | &nbsp;&nbsp;44680 | &nbsp;&nbsp;&nbsp;7143885 |
| Evercore, Inc., Class A | &nbsp;&nbsp;22462 | &nbsp;&nbsp;&nbsp;7576882 |
| Interactive Brokers Group, Inc., Class A | 148630 | 10227230 |
| KKR & Company, Inc. | &nbsp;&nbsp;73489 | &nbsp;&nbsp;&nbsp;9549896 |
| Nasdaq, Inc. | &nbsp;&nbsp;76814 | &nbsp;&nbsp;&nbsp;6794198 |
|  |  | 41292091 |
| **Consumer finance – 1.3%** | **Consumer finance – 1.3%** |  |
| American Express Company | &nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;9699072 |
| **Financial services – 2.4%** | **Financial services – 2.4%** |  |
| Mastercard, Inc., Class A | &nbsp;&nbsp;31250 | 17775313 |
|  |  | 75958316 |
| **Health care – 4.8%** |  |  |
| **Biotechnology – 0.9%** | **Biotechnology – 0.9%** |  |
| Gilead Sciences, Inc. | &nbsp;&nbsp;64622 | &nbsp;&nbsp;&nbsp;7173042 |
| **Health care providers and services – 1.1%** | **Health care providers and services – 1.1%** |  |
| Cencora, Inc. | &nbsp;&nbsp;25529 | &nbsp;&nbsp;&nbsp;7978578 |
| **Pharmaceuticals – 2.8%** | **Pharmaceuticals – 2.8%** |  |
| Eli Lilly & Company | &nbsp;&nbsp;27555 | 21024465 |
|  |  | 36176085 |
| **Industrials – 2.6%** |  |  |
| **Aerospace and defense – 1.1%** | **Aerospace and defense – 1.1%** |  |
| General Electric Company | &nbsp;&nbsp;26119 | &nbsp;&nbsp;&nbsp;7857118 |
| **Air freight and logistics – 0.5%** | **Air freight and logistics – 0.5%** |  |
| CH Robinson Worldwide, Inc. | &nbsp;&nbsp;27799 | &nbsp;&nbsp;&nbsp;3680588 |
| **Trading companies and distributors – 1.0%** | **Trading companies and distributors – 1.0%** |  |
| WESCO International, Inc. | &nbsp;&nbsp;36006 | &nbsp;&nbsp;&nbsp;7615269 |
|  |  | 19152975 |
| **Information technology – 51.5%** |  |  |
| **Electronic equipment, instruments and components – 3.1%** | **Electronic equipment, instruments and components – 3.1%** |  |
| Coherent Corp. (A) | &nbsp;&nbsp;71764 | &nbsp;&nbsp;&nbsp;7730418 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |  |
| **Electronic equipment, instruments and<br> components (continued)** | **Electronic equipment, instruments and<br> components (continued)** |  |
| Flex, Ltd. (A) | &nbsp;&nbsp;&nbsp;&nbsp;130025 | $&nbsp;&nbsp;&nbsp;&nbsp;7537549 |
| Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;36834 | &nbsp;&nbsp;&nbsp;&nbsp;7999240 |
|  |  | &nbsp;&nbsp;&nbsp;23267207 |
| **Semiconductors and semiconductor equipment – 22.6%** | **Semiconductors and semiconductor equipment – 22.6%** |  |
| Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32924 | &nbsp;&nbsp;&nbsp;&nbsp;8089427 |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;124652 | &nbsp;&nbsp;&nbsp;41123941 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;594974 | 111010248 |
| NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;&nbsp;37492 | &nbsp;&nbsp;&nbsp;&nbsp;8538053 |
|  |  | 168761669 |
| **Software – 15.4%** | **Software – 15.4%** |  |
| AppLovin Corp., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;19117 | &nbsp;&nbsp;&nbsp;13736329 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;187584 | &nbsp;&nbsp;&nbsp;97159133 |
| Palantir Technologies, Inc., Class A (A) | &nbsp;&nbsp;&nbsp;&nbsp;21853 | &nbsp;&nbsp;&nbsp;&nbsp;3986424 |
|  |  | 114881886 |
| **Technology hardware, storage and peripherals – 10.4%** | **Technology hardware, storage and peripherals – 10.4%** |  |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;307047 | &nbsp;&nbsp;&nbsp;78183378 |
|  |  | 385094140 |
| **Real estate – 2.0%** |  |  |
| **Health care REITs – 2.0%** | **Health care REITs – 2.0%** |  |
| Welltower, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;86091 | &nbsp;&nbsp;&nbsp;15336251 |
| TOTAL COMMON STOCKS (Cost $532,269,347) | TOTAL COMMON STOCKS (Cost $532,269,347) | $736684615 |
| **SHORT-TERM INVESTMENTS – 1.7%** | **SHORT-TERM INVESTMENTS – 1.7%** |  |
| **Short-term funds – 1.7%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.0784% (B) | 12407940 | &nbsp;&nbsp;&nbsp;12407940 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $12,407,940) | TOTAL SHORT-TERM INVESTMENTS (Cost $12,407,940) | $&nbsp;&nbsp;&nbsp;12407940 |
| **Total Investments (U.S. Growth Trust)<br> (Cost $544,677,287) – 100.1%** | **Total Investments (U.S. Growth Trust)<br> (Cost $544,677,287) – 100.1%** | $**749092555** |
| **Other assets and liabilities, net – (0.1%)** | **Other assets and liabilities, net – (0.1%)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(678969)** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | $**748413586** |

---

<u>Security Abbreviations and Legend</u> <br> (A) Non-income producing security. <br> (B) The rate shown is the annualized seven-day yield as of 9-30-25.

#### Ultra Short Term Bond Trust

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 0.4%** | **U.S. GOVERNMENT AND AGENCY OBLIGATIONS –<br> 0.4%** |  |
| **U.S. Government Agency – 0.4%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.065%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.565%), 12/01/2036 (A) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17991 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18311 |
| &nbsp;&nbsp;&nbsp;6.072%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.447%), 06/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12555 |
| &nbsp;&nbsp;&nbsp;6.140%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.515%), 12/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8105 |
| &nbsp;&nbsp;&nbsp;6.165%, (1 Year CMT + 2.165%), 11/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26294 |
| &nbsp;&nbsp;&nbsp;6.231%, (1 Year CMT + 2.231%), 05/01/2034 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47833 |
| &nbsp;&nbsp;&nbsp;6.353%, (1 Year CMT + 2.295%), 08/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40008 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Ultra Short Term Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** | **U.S. GOVERNMENT AND AGENCY<br> OBLIGATIONS (continued)** |  |
| **U.S. Government Agency (continued)** |  |  |
| Federal Home Loan<br> Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.366%, (1 Year CMT + 2.111%), 12/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44931 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45773 |
| &nbsp;&nbsp;&nbsp;6.420%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.538%), 02/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22730 |
| &nbsp;&nbsp;&nbsp;6.491%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.583%), 05/01/2037 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36067 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;6.104%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.484%), 10/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46076 |
| &nbsp;&nbsp;&nbsp;6.121%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.295%), 10/01/2038 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12110 |
| &nbsp;&nbsp;&nbsp;6.133%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.523%), 02/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31467 |
| &nbsp;&nbsp;&nbsp;6.244%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.434%), 04/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132257 |
| &nbsp;&nbsp;&nbsp;6.345%, (1 Year CMT + 2.157%), 01/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56843 |
| &nbsp;&nbsp;&nbsp;6.383%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.570%), 07/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75417 |
| &nbsp;&nbsp;&nbsp;6.416%, (1 Year CMT + 2.204%), 05/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92190 |
| &nbsp;&nbsp;&nbsp;6.427%, (1 Year CMT + 2.192%), 02/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69150 |
| &nbsp;&nbsp;&nbsp;6.432%, (1 Year CMT + 2.275%), 07/01/2035 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46429 |
| &nbsp;&nbsp;&nbsp;6.557%, (1 Year CMT + 2.151%), 01/01/2036 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18230 |
| &nbsp;&nbsp;&nbsp;6.594%, (1 Year CMT + 2.333%), 05/01/2034 (A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35302 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873147 |
| TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $900,859) | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $900,859) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873147 |
| **CORPORATE BONDS – 55.6%** | **CORPORATE BONDS – 55.6%** |  |
| **Communication services – 3.8%** |  |  |
| AT&T, Inc.<br> 1.700%, 03/25/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903247 |
| Netflix, Inc.<br> 4.375%, 11/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934198 |
| T-Mobile USA, Inc.<br> 2.250%, 02/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2539887 |
| TWDC Enterprises 18 Corp.<br> 3.000%, 02/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1991617 |
| Verizon Communications, Inc.<br> 4.125%, 03/16/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1666000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667273 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8036222 |
| **Consumer discretionary – 5.1%** |  |  |
| American Honda Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.300%, 09/09/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689142 |
| &nbsp;&nbsp;&nbsp;4.950%, 01/09/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701331 |
| BMW US Capital LLC<br> 2.800%, 04/11/2026 (B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2980141 |
| Ford Motor Credit Company LLC<br> 4.389%, 01/08/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106593 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Consumer discretionary (continued)** |  |  |
| General Motors Financial Company, Inc.<br> 5.050%, 04/04/2028 | $2000000 | $&nbsp;&nbsp;&nbsp;2032151 |
| Hyundai Capital America<br> 5.250%, 01/08/2027 (B) | 2000000 | &nbsp;&nbsp;&nbsp;2021399 |
| Mercedes-Benz Finance North America LLC<br> 5.200%, 08/03/2026 (B) | 1400000 | &nbsp;&nbsp;&nbsp;1412978 |
|  |  | 10943735 |
| **Consumer staples – 1.7%** |  |  |
| Kraft Heinz Foods Company<br> 3.875%, 05/15/2027 | 1500000 | &nbsp;&nbsp;&nbsp;1493312 |
| Mars, Inc.<br> 4.600%, 03/01/2028 (B) | 2000000 | &nbsp;&nbsp;&nbsp;2024458 |
|  |  | &nbsp;&nbsp;&nbsp;3517770 |
| **Energy – 3.1%** |  |  |
| Energy Transfer LP<br> 5.500%, 06/01/2027 | 1099000 | &nbsp;&nbsp;&nbsp;1118057 |
| Enterprise Products Operating LLC<br> 5.050%, 01/10/2026 | 1430000 | &nbsp;&nbsp;&nbsp;1432863 |
| EOG Resources, Inc.<br> 4.150%, 01/15/2026 | 1450000 | &nbsp;&nbsp;&nbsp;1448894 |
| MPLX LP<br> 1.750%, 03/01/2026 | &nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;687712 |
| Phillips 66 Company<br> 3.550%, 10/01/2026 | 1131000 | &nbsp;&nbsp;&nbsp;1124039 |
| Spectra Energy Partners LP<br> 3.375%, 10/15/2026 | &nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;674879 |
|  |  | &nbsp;&nbsp;&nbsp;6486444 |
| **Financials – 20.8%** |  |  |
| American Express Company<br> 6.338%, (6.338% to 10-30-25, then Overnight SOFR + 1.330%), 10/30/2026 | 2000000 | &nbsp;&nbsp;&nbsp;2003397 |
| Ares Capital Corp.<br> 3.875%, 01/15/2026 | 1840000 | &nbsp;&nbsp;&nbsp;1836777 |
| Athene Global Funding<br> 5.620%, 05/08/2026 (B) | 1800000 | &nbsp;&nbsp;&nbsp;1815276 |
| Blackstone Private Credit Fund<br> 2.625%, 12/15/2026 | 1092000 | &nbsp;&nbsp;&nbsp;1066260 |
| Blackstone Secured Lending Fund<br> 2.125%, 02/15/2027 | 1108000 | &nbsp;&nbsp;&nbsp;1071947 |
| Capital One NA<br> 4.250%, 03/13/2026 | 2000000 | &nbsp;&nbsp;&nbsp;1999131 |
| Citizens Financial Group, Inc.<br> 4.300%, 12/03/2025 | 1195000 | &nbsp;&nbsp;&nbsp;1194112 |
| Comerica Bank<br> 7.875%, 09/15/2026 | 1500000 | &nbsp;&nbsp;&nbsp;1540611 |
| Credit Agricole SA<br> 1.247%, (1.247% to 1-26-26, then Overnight SOFR + 0.892%), 01/26/2027 (B) | 2000000 | &nbsp;&nbsp;&nbsp;1978935 |
| Fifth Third Bank NA<br> 4.967%, (4.967% to 1-28-27, then Overnight SOFR + 0.810%), 01/28/2028 | 2000000 | &nbsp;&nbsp;&nbsp;2020191 |
| Goldman Sachs Bank USA<br> 5.283%, (5.283% to 3-18-26, then Overnight SOFR + 0.777%), 03/18/2027 | &nbsp;&nbsp;902000 | &nbsp;&nbsp;&nbsp;&nbsp;906090 |
| ING Groep NV<br> 3.950%, 03/29/2027 | &nbsp;&nbsp;904000 | &nbsp;&nbsp;&nbsp;&nbsp;900202 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Ultra Short Term Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Financials (continued)** |  |  |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.960%, (3.960% to 1-29-26, then 3 month CME Term SOFR + 1.507%), 01/29/2027 | $&nbsp;&nbsp;908000 | $&nbsp;&nbsp;&nbsp;&nbsp;906914 |
| &nbsp;&nbsp;&nbsp;4.851%, (4.851% to 7-25-27, then Overnight SOFR + 1.990%), 07/25/2028 | 2845000 | &nbsp;&nbsp;&nbsp;2882615 |
| KeyCorp<br> 2.250%, 04/06/2027 | 1500000 | &nbsp;&nbsp;&nbsp;1457237 |
| Morgan Stanley<br> 3.950%, 04/23/2027 | &nbsp;&nbsp;922000 | &nbsp;&nbsp;&nbsp;&nbsp;919979 |
| PNC Bank NA<br> 3.100%, 10/25/2027 | 2000000 | &nbsp;&nbsp;&nbsp;1966729 |
| Royal Bank of Canada<br> 4.650%, 01/27/2026 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;700398 |
| Sammons Financial Group Global Funding<br> 5.050%, 01/10/2028 (B) | 1000000 | &nbsp;&nbsp;&nbsp;1016935 |
| Santander Holdings USA, Inc.<br> 3.244%, 10/05/2026 | 3000000 | &nbsp;&nbsp;&nbsp;2970428 |
| Sixth Street Specialty Lending, Inc.<br> 2.500%, 08/01/2026 (C) | &nbsp;&nbsp;583000 | &nbsp;&nbsp;&nbsp;&nbsp;573785 |
| Societe Generale SA<br> 1.488%, (1.488% to 12-14-25, then 1 Year CMT + 1.100%), 12/14/2026 (B) | 1157000 | &nbsp;&nbsp;&nbsp;1149821 |
| The Goldman Sachs Group, Inc.<br> 1.431%, (1.431% to 3-9-26, then Overnight SOFR + 0.798%), 03/09/2027 | 2000000 | &nbsp;&nbsp;&nbsp;1974254 |
| The Toronto-Dominion Bank<br> 1.200%, 06/03/2026 | 2000000 | &nbsp;&nbsp;&nbsp;1962997 |
| Truist Bank<br> 3.300%, 05/15/2026 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;695868 |
| U.S. Bancorp<br> 5.727%, (5.727% to 10-21-25, then Overnight SOFR + 1.430%), 10/21/2026 | 1450000 | &nbsp;&nbsp;&nbsp;1450974 |
| UBS Group AG<br> 4.125%, 04/15/2026 (B) | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;699996 |
| Visa, Inc.<br> 3.150%, 12/14/2025 | 3000000 | &nbsp;&nbsp;&nbsp;2994554 |
| Wells Fargo & Company |  |  |
| &nbsp;&nbsp;&nbsp;3.000%, 10/23/2026 | &nbsp;&nbsp;931000 | &nbsp;&nbsp;&nbsp;&nbsp;921537 |
| &nbsp;&nbsp;&nbsp;4.100%, 06/03/2026 | &nbsp;&nbsp;903000 | &nbsp;&nbsp;&nbsp;&nbsp;902290 |
|  |  | 44480240 |
| **Health care – 8.6%** |  |  |
| AbbVie, Inc.<br> 3.200%, 05/14/2026 | 3000000 | &nbsp;&nbsp;&nbsp;2986189 |
| Astrazeneca Finance LLC<br> 1.200%, 05/28/2026 | 2000000 | &nbsp;&nbsp;&nbsp;1964129 |
| Bristol-Myers Squibb Company<br> 3.200%, 06/15/2026 | 3000000 | &nbsp;&nbsp;&nbsp;2985133 |
| CVS Health Corp.<br> 5.000%, 02/20/2026 | 3000000 | &nbsp;&nbsp;&nbsp;3004290 |
| HCA, Inc.<br> 5.875%, 02/15/2026 | 2000000 | &nbsp;&nbsp;&nbsp;2002580 |
| Pfizer Investment Enterprises Pte, Ltd.<br> 4.450%, 05/19/2026 | 3000000 | &nbsp;&nbsp;&nbsp;3005870 |
| Royalty Pharma PLC<br> 1.750%, 09/02/2027 | 1180000 | &nbsp;&nbsp;&nbsp;1127438 |
| Solventum Corp.<br> 5.450%, 02/25/2027 | &nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;346533 |
| UnitedHealth Group, Inc.<br> 4.400%, 06/15/2028 | 1000000 | &nbsp;&nbsp;&nbsp;1009738 |
|  |  | 18431900 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **CORPORATE BONDS (continued)** | **CORPORATE BONDS (continued)** |  |
| **Industrials – 3.4%** |  |  |
| AerCap Ireland Capital DAC |  |  |
| &nbsp;&nbsp;&nbsp;6.100%, 01/15/2027 | &nbsp;&nbsp;655000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669038 |
| &nbsp;&nbsp;&nbsp;6.450%, 04/15/2027 | 1941000 | &nbsp;&nbsp;&nbsp;&nbsp;2001688 |
| CSX Corp.<br> 2.600%, 11/01/2026 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1969025 |
| Lockheed Martin Corp.<br> 4.950%, 10/15/2025 | 1445000 | &nbsp;&nbsp;&nbsp;&nbsp;1445170 |
| The Boeing Company<br> 5.040%, 05/01/2027 | 1152000 | &nbsp;&nbsp;&nbsp;&nbsp;1164341 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7249262 |
| **Information technology – 3.2%** |  |  |
| Apple, Inc.<br> 0.700%, 02/08/2026 | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988500 |
| Broadcom Corp.<br> 3.875%, 01/15/2027 | &nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679490 |
| Broadcom, Inc.<br> 3.459%, 09/15/2026 | &nbsp;&nbsp;896000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891955 |
| Dell International LLC<br> 6.020%, 06/15/2026 | 1429000 | &nbsp;&nbsp;&nbsp;&nbsp;1440525 |
| IBM Corp.<br> 7.000%, 10/30/2025 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701458 |
| Marvell Technology, Inc.<br> 1.650%, 04/15/2026 | &nbsp;&nbsp;694000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683837 |
| Oracle Corp.<br> 1.650%, 03/25/2026 | 1540000 | &nbsp;&nbsp;&nbsp;&nbsp;1521800 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;6907565 |
| **Materials – 0.7%** |  |  |
| Glencore Funding LLC<br> 4.000%, 03/27/2027 (B) | 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;1492865 |
| **Real estate – 1.8%** |  |  |
| American Tower Corp.<br> 3.375%, 10/15/2026 | &nbsp;&nbsp;901000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894413 |
| Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 06/01/2026 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702648 |
| &nbsp;&nbsp;&nbsp;5.050%, 01/13/2026 | 1143000 | &nbsp;&nbsp;&nbsp;&nbsp;1143219 |
| VICI Properties LP<br> 4.500%, 09/01/2026 (B) | 1138000 | &nbsp;&nbsp;&nbsp;&nbsp;1137960 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3878240 |
| **Utilities – 3.4%** |  |  |
| American Electric Power Company, Inc.<br> 5.750%, 11/01/2027 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2064813 |
| Duke Energy Corp.<br> 4.850%, 01/05/2027 | &nbsp;&nbsp;895000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903691 |
| NextEra Energy Capital Holdings, Inc.<br> 4.685%, 09/01/2027 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;2021749 |
| Sempra<br> 5.400%, 08/01/2026 | &nbsp;&nbsp;897000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904905 |
| Sierra Pacific Power Company<br> 2.600%, 05/01/2026 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694064 |
| The Southern Company<br> 3.250%, 07/01/2026 | &nbsp;&nbsp;684000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679653 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;7268875 |
| TOTAL CORPORATE BONDS (Cost $118,128,401) |  | $118693118 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.3%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.3%** |  |
| **Commercial and residential – 0.1%** |  |  |
| COLT Mortgage Loan Trust<br> Series 2020-3, Class A1<br> 1.506%, 04/27/2065 (B)(D) | &nbsp;&nbsp;&nbsp;&nbsp;24211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23907 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Ultra Short Term Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** | **COLLATERALIZED MORTGAGE<br> OBLIGATIONS (continued)** |  |
| **Commercial and<br> residential (continued)** |  |  |
| Towd Point Mortgage Trust<br> Series 2016-4, Class M1<br> 3.250%, 07/25/2056 (B)(D) | &nbsp;&nbsp;216048 | $&nbsp;&nbsp;&nbsp;&nbsp;214156 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;238063 |
| **U.S. Government Agency – 0.2%** |  |  |
| Federal National Mortgage Association<br> Series 2013-10, Class FT (30 day Average SOFR + 0.464%)<br> 4.821%, 04/25/2042 (A) | &nbsp;&nbsp;319615 | &nbsp;&nbsp;&nbsp;&nbsp;315869 |
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $557,434) | TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $557,434) | $&nbsp;&nbsp;&nbsp;&nbsp;553932 |
| **ASSET-BACKED SECURITIES – 22.7%** | **ASSET-BACKED SECURITIES – 22.7%** |  |
| Ally Bank Auto Credit-Linked Notes |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A2<br> 5.681%, 05/17/2032 (B) | 1044933 | 1062638 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class A2<br> 4.970%, 09/15/2032 (B) | &nbsp;&nbsp;164521 | &nbsp;&nbsp;&nbsp;&nbsp;166024 |
| Amur Equipment Finance Receivables XIII LLC<br> Series 2024-1A, Class A2<br> 5.380%, 01/21/2031 (B) | &nbsp;&nbsp;834632 | &nbsp;&nbsp;&nbsp;&nbsp;843909 |
| ARI Fleet Lease Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A2<br> 5.300%, 11/15/2032 (B) | &nbsp;&nbsp;534331 | &nbsp;&nbsp;&nbsp;&nbsp;537797 |
| &nbsp;&nbsp;&nbsp;Series 2025-B, Class A2<br> 4.590%, 03/15/2034 (B) | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;704329 |
| Avis Budget Rental Car Funding<br> AESOP LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2A, Class A<br> 2.020%, 02/20/2027 (B) | &nbsp;&nbsp;833333 | &nbsp;&nbsp;&nbsp;&nbsp;828892 |
| &nbsp;&nbsp;&nbsp;Series 2022-3A, Class A<br> 4.620%, 02/20/2027 (B) | &nbsp;&nbsp;708333 | &nbsp;&nbsp;&nbsp;&nbsp;708847 |
| BMW Vehicle Lease Trust<br> Series 2025-1, Class A2A<br> 4.430%, 09/27/2027 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;702409 |
| Capital One Multi-Asset Execution Trust<br> Series 2023-A1, Class A<br> 4.420%, 05/15/2028 | 2000000 | 2004923 |
| CarMax Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class A4<br> 0.740%, 01/15/2027 | &nbsp;&nbsp;458636 | &nbsp;&nbsp;&nbsp;&nbsp;458032 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class A4<br> 0.820%, 04/15/2027 | &nbsp;&nbsp;457876 | &nbsp;&nbsp;&nbsp;&nbsp;454936 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A3<br> 1.470%, 12/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;22054 | &nbsp;&nbsp;&nbsp;&nbsp;22026 |
| &nbsp;&nbsp;&nbsp;Series 2023-1, Class A3<br> 4.750%, 10/15/2027 | &nbsp;&nbsp;400732 | &nbsp;&nbsp;&nbsp;&nbsp;401586 |
| &nbsp;&nbsp;&nbsp;Series 2023-2, Class A4<br> 5.010%, 11/15/2028 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;475326 |
| &nbsp;&nbsp;&nbsp;Series 2024-4, Class A3<br> 4.600%, 10/15/2029 | &nbsp;&nbsp;432000 | &nbsp;&nbsp;&nbsp;&nbsp;436208 |
| Carvana Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-P4, Class A4<br> 1.640%, 12/10/2027 | &nbsp;&nbsp;390055 | &nbsp;&nbsp;&nbsp;&nbsp;385753 |
| &nbsp;&nbsp;&nbsp;Series 2022-P3, Class A3<br> 4.610%, 11/10/2027 | &nbsp;&nbsp;276844 | &nbsp;&nbsp;&nbsp;&nbsp;277079 |
| Chase Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-AA, Class A4<br> 3.990%, 03/27/2028 (B) | &nbsp;&nbsp;743000 | &nbsp;&nbsp;&nbsp;&nbsp;742189 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A3<br> 5.130%, 05/25/2029 (B) | &nbsp;&nbsp;135968 | &nbsp;&nbsp;&nbsp;&nbsp;137366 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Chesapeake Funding II LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A1<br> 5.650%, 05/15/2035 (B) | $&nbsp;&nbsp;294493 | $&nbsp;&nbsp;&nbsp;&nbsp;296302 |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class A1<br> 6.160%, 10/15/2035 (B) | &nbsp;&nbsp;425912 | &nbsp;&nbsp;&nbsp;&nbsp;431965 |
| Citizens Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-2, Class A4<br> 5.740%, 10/15/2030 (B) | 1165000 | 1190851 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A3<br> 5.110%, 04/17/2028 (B) | 1720953 | 1730771 |
| CNH Equipment Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-B, Class A4<br> 0.700%, 05/17/2027 | &nbsp;&nbsp;391076 | &nbsp;&nbsp;&nbsp;&nbsp;390407 |
| &nbsp;&nbsp;&nbsp;Series 2022-B, Class A3<br> 3.890%, 11/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;87606 | &nbsp;&nbsp;&nbsp;&nbsp;87485 |
| Dell Equipment Finance Trust<br> Series 2024-1, Class A2<br> 5.580%, 03/22/2030 (B) | &nbsp;&nbsp;228278 | &nbsp;&nbsp;&nbsp;&nbsp;228560 |
| DLLAA LLC<br> Series 2023-1A, Class A3<br> 5.640%, 02/22/2028 (B) | &nbsp;&nbsp;666523 | &nbsp;&nbsp;&nbsp;&nbsp;674878 |
| DLLAD LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A3<br> 4.790%, 01/20/2028 (B) | &nbsp;&nbsp;498335 | &nbsp;&nbsp;&nbsp;&nbsp;500711 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A3<br> 5.300%, 07/20/2029 (B) | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;816920 |
| DLLST LLC<br> Series 2024-1A, Class A3<br> 5.050%, 08/20/2027 (B) | &nbsp;&nbsp;179740 | &nbsp;&nbsp;&nbsp;&nbsp;180530 |
| Enterprise Fleet Financing LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A3<br> 3.270%, 01/20/2028 (B) | &nbsp;&nbsp;203963 | &nbsp;&nbsp;&nbsp;&nbsp;203886 |
| &nbsp;&nbsp;&nbsp;Series 2022-2, Class A3<br> 4.790%, 05/21/2029 (B) | &nbsp;&nbsp;552556 | &nbsp;&nbsp;&nbsp;&nbsp;554214 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class A2<br> 4.380%, 07/20/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;78401 | &nbsp;&nbsp;&nbsp;&nbsp;78410 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class A3<br> 4.290%, 07/20/2029 (B) | &nbsp;&nbsp;137000 | &nbsp;&nbsp;&nbsp;&nbsp;137183 |
| &nbsp;&nbsp;&nbsp;Series 2022-4, Class A2<br> 5.760%, 10/22/2029 (B) | &nbsp;&nbsp;&nbsp;&nbsp;48666 | &nbsp;&nbsp;&nbsp;&nbsp;48900 |
| &nbsp;&nbsp;&nbsp;Series 2023-3, Class A2<br> 6.400%, 03/20/2030 (B) | &nbsp;&nbsp;372762 | &nbsp;&nbsp;&nbsp;&nbsp;378358 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A2<br> 5.230%, 03/20/2030 (B) | &nbsp;&nbsp;671079 | &nbsp;&nbsp;&nbsp;&nbsp;676805 |
| &nbsp;&nbsp;&nbsp;Series 2024-4, Class A2<br> 4.690%, 07/20/2027 (B) | &nbsp;&nbsp;110679 | &nbsp;&nbsp;&nbsp;&nbsp;111061 |
| FCCU Auto Receivables Trust<br> Series 2025-1A, Class A2<br> 4.870%, 01/16/2029 (B) | &nbsp;&nbsp;240907 | &nbsp;&nbsp;&nbsp;&nbsp;241687 |
| Ford Credit Auto Lease Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-B, Class A3<br> 5.910%, 10/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;23561 | &nbsp;&nbsp;&nbsp;&nbsp;23575 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class A3<br> 4.990%, 12/15/2027 | 1069000 | 1077265 |
| Ford Credit Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-2, Class A<br> 1.060%, 04/15/2033 (B) | 3000000 | 2996174 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A<br> 3.880%, 11/15/2034 (B) | &nbsp;&nbsp;438000 | &nbsp;&nbsp;&nbsp;&nbsp;437111 |
| &nbsp;&nbsp;&nbsp;Series 2022-C, Class A4<br> 4.590%, 12/15/2027 | &nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;325828 |
| Ford Credit Floorplan Master Owner Trust<br> Series 2023-1, Class A2 (30 day Average SOFR + 1.250%)<br> 5.622%, 05/15/2028 (A)(B) | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;502838 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Ultra Short Term Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| GM Financial Automobile Leasing Trust<br> Series 2025-2, Class A2A<br> 4.550%, 07/20/2027 | $1000000 | $1003734 |
| GM Financial Consumer Automobile<br> Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A4<br> 1.510%, 04/17/2028 | &nbsp;&nbsp;645741 | &nbsp;&nbsp;&nbsp;&nbsp;641006 |
| &nbsp;&nbsp;&nbsp;Series 2022-2, Class A4<br> 3.250%, 04/17/2028 | &nbsp;&nbsp;708000 | &nbsp;&nbsp;&nbsp;&nbsp;704923 |
| &nbsp;&nbsp;&nbsp;Series 2023-4, Class A4<br> 5.710%, 02/16/2029 | &nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;164163 |
| GMF Floorplan Owner Revolving Trust<br> Series 2023-1, Class A1<br> 5.340%, 06/15/2028 (B) | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;504286 |
| GreatAmerica Leasing Receivables<br> Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A3<br> 5.080%, 09/15/2026 (B) | &nbsp;&nbsp;799971 | &nbsp;&nbsp;&nbsp;&nbsp;801373 |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class A4<br> 5.350%, 07/16/2029 (B) | &nbsp;&nbsp;304000 | &nbsp;&nbsp;&nbsp;&nbsp;307035 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A3<br> 4.980%, 01/18/2028 (B) | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;707543 |
| Harley-Davidson Motorcycle Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-A, Class A4<br> 3.260%, 01/15/2030 | &nbsp;&nbsp;460991 | &nbsp;&nbsp;&nbsp;&nbsp;459303 |
| &nbsp;&nbsp;&nbsp;Series 2023-A, Class A4<br> 4.970%, 06/17/2030 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;706904 |
| &nbsp;&nbsp;&nbsp;Series 2023-B, Class A3<br> 5.690%, 08/15/2028 | 1081576 | 1090520 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class A3<br> 4.310%, 07/16/2029 | &nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp;140516 |
| &nbsp;&nbsp;&nbsp;Series 2025-A, Class A2A<br> 4.710%, 07/17/2028 | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;702496 |
| Hyundai Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-C, Class A3<br> 5.540%, 10/16/2028 | &nbsp;&nbsp;139720 | &nbsp;&nbsp;&nbsp;&nbsp;141201 |
| &nbsp;&nbsp;&nbsp;Series 2025-B, Class A2A<br> 4.450%, 08/15/2028 | 1000000 | 1004013 |
| John Deere Owner Trust<br> Series 2022-A, Class A4<br> 2.490%, 01/16/2029 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;214809 |
| Kubota Credit Owner Trust<br> Series 2024-1A, Class A3<br> 5.190%, 07/17/2028 (B) | &nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;709667 |
| LAD Auto Receivables Trust<br> Series 2023-4A, Class A4<br> 6.240%, 06/15/2028 (B) | &nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;606862 |
| Mercedes-Benz Auto Receivables Trust<br> Series 2023-1, Class A4<br> 4.310%, 04/16/2029 | &nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;421089 |
| MMAF Equipment Finance LLC<br> Series 2024-A, Class A2<br> 5.200%, 09/13/2027 (B) | &nbsp;&nbsp;373557 | &nbsp;&nbsp;&nbsp;&nbsp;374766 |
| NextGear Floorplan Master Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2<br> 5.740%, 03/15/2028 (B) | &nbsp;&nbsp;452153 | &nbsp;&nbsp;&nbsp;&nbsp;455043 |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2<br> 5.120%, 03/15/2029 (B) | &nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;436407 |
| Nissan Auto Lease Trust<br> Series 2024-B, Class A3<br> 4.920%, 11/15/2027 | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;122415 |
| Nissan Auto Receivables Owner Trust<br> Series 2023-A, Class A3<br> 4.910%, 11/15/2027 | &nbsp;&nbsp;176958 | &nbsp;&nbsp;&nbsp;&nbsp;177511 |
| Nissan Master Owner Receivables Trust<br> Series 2024-B, Class A<br> 5.050%, 02/15/2029 (B) | &nbsp;&nbsp;432000 | &nbsp;&nbsp;&nbsp;&nbsp;437519 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |  |
| Santander Bank Auto<br> Credit-Linked Notes |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-C, Class A2<br> 6.024%, 12/15/2032 (B) | &nbsp;&nbsp;&nbsp;&nbsp;561835 | $&nbsp;&nbsp;&nbsp;&nbsp;569493 |
| &nbsp;&nbsp;&nbsp;Series 2023-B, Class B<br> 5.640%, 12/15/2033 (B) | &nbsp;&nbsp;&nbsp;&nbsp;142431 | &nbsp;&nbsp;&nbsp;&nbsp;143759 |
| Santander Drive Auto Receivables Trust<br> Series 2022-2, Class C<br> 3.760%, 07/16/2029 | &nbsp;&nbsp;&nbsp;&nbsp;449933 | &nbsp;&nbsp;&nbsp;&nbsp;449035 |
| SBNA Auto Lease Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-A, Class A3<br> 6.510%, 04/20/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;281741 | &nbsp;&nbsp;&nbsp;&nbsp;283207 |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class A3<br> 5.390%, 11/20/2026 (B) | &nbsp;&nbsp;&nbsp;&nbsp;439494 | &nbsp;&nbsp;&nbsp;&nbsp;440840 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class A3<br> 5.560%, 11/22/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;407747 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class A4<br> 5.550%, 12/20/2028 (B) | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;1370700 |
| &nbsp;&nbsp;&nbsp;Series 2025-A, Class A3<br> 4.830%, 04/20/2028 (B) | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp;110851 |
| Tesla Auto Lease Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-A, Class A4<br> 5.940%, 07/20/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;139076 | &nbsp;&nbsp;&nbsp;&nbsp;139200 |
| &nbsp;&nbsp;&nbsp;Series 2023-B, Class B<br> 6.570%, 08/20/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;620000 | &nbsp;&nbsp;&nbsp;&nbsp;622537 |
| Toyota Auto Receivables Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-D, Class A4<br> 1.020%, 03/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;384951 | &nbsp;&nbsp;&nbsp;&nbsp;382505 |
| &nbsp;&nbsp;&nbsp;Series 2022-B, Class A4<br> 3.110%, 08/16/2027 | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;696893 |
| Toyota Lease Owner Trust<br> Series 2023-B, Class A4<br> 5.710%, 12/20/2027 (B) | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;704962 |
| USB Auto Owner Trust<br> Series 2025-1A, Class A2<br> 4.510%, 06/15/2028 (B) | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;702397 |
| Verdant Receivables, LLC<br> Series 2025-1A, Class A2<br> 4.850%, 03/13/2028 (B) | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;703751 |
| Wheels Fleet Lease Funding 1 LLC |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A1<br> 5.490%, 02/18/2039 (B) | &nbsp;&nbsp;&nbsp;&nbsp;819405 | &nbsp;&nbsp;&nbsp;&nbsp;829209 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class A1<br> 4.800%, 09/19/2039 (B) | &nbsp;&nbsp;&nbsp;&nbsp;311378 | &nbsp;&nbsp;&nbsp;&nbsp;314446 |
| World Omni Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-D, Class A4<br> 1.100%, 11/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;494932 | &nbsp;&nbsp;&nbsp;&nbsp;493083 |
| &nbsp;&nbsp;&nbsp;Series 2022-B, Class A4<br> 3.440%, 03/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;547880 |
| TOTAL ASSET-BACKED SECURITIES (Cost $48,240,480) |  | $48620543 |
| **SHORT-TERM INVESTMENTS – 19.8%** | **SHORT-TERM INVESTMENTS – 19.8%** |  |
| **U.S. Government – 18.7%** |  |  |
| U.S. Treasury Bill |  |  |
| &nbsp;&nbsp;&nbsp;3.905%, 12/26/2025 \* | &nbsp;&nbsp;9330000 | &nbsp;&nbsp;&nbsp;9244141 |
| &nbsp;&nbsp;&nbsp;3.916%, 01/22/2026 \* | 23979000 | 23693047 |
| &nbsp;&nbsp;&nbsp;4.143%, 12/11/2025 \* | &nbsp;&nbsp;7072000 | &nbsp;&nbsp;&nbsp;7018302 |
|  |  | 39955490 |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Ultra Short Term Bond Trust (continued)<br>

---

| | | |
|:---|:---|:---|
|  | **Shares or<br> Principal<br> Amount** | **Value** |
| **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** |  |
| **Short-term funds – 1.1%** |  |  |
| John Hancock Collateral Trust, 4.0668% (E)(F) | 240710 | $&nbsp;&nbsp;&nbsp;&nbsp;2407913 |
| TOTAL SHORT-TERM INVESTMENTS (Cost $42,349,287) | TOTAL SHORT-TERM INVESTMENTS (Cost $42,349,287) | $&nbsp;&nbsp;&nbsp;42363403 |
| **Total Investments (Ultra Short Term Bond Trust)<br> (Cost $210,176,461) – 98.8%** | **Total Investments (Ultra Short Term Bond Trust)<br> (Cost $210,176,461) – 98.8%** | $**211104143** |
| **Other assets and liabilities, net – 1.2%** |  | &nbsp;&nbsp;&nbsp;**2618880** |
| **TOTAL NET ASSETS – 100.0%** |  | $**213723023** |

---

---

| | |
|:---|:---|
| <u>Security Abbreviations and Legend</u> | <u>Security Abbreviations and Legend</u> |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| IBOR | Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (B) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $48,802,533 or 22.8% of the fund's net assets as of 9-30-25. |
| (C) | All or a portion of this security is on loan as of 9-30-25. The value of securities on loan amounted to $569,710. |
| (D) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
| (E) | The rate shown is the annualized seven-day yield as of 9-30-25. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $581,284. |
| \* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |

---

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

---

| | |
|:---|:---|
| **Subadvisors of Affiliated Underlying Funds** | **Subadvisors of Affiliated Underlying Funds** |
| Allspring Global Investments, LLC | (Allspring Investments) |
| Axiom Investors LLC | (Axiom) |
| Boston Partners Global Investors, Inc. | (Boston Partners) |
| Dimensional Fund Advisors, LP | (DFA) |
| Manulife Investment Management (US) LLC | (MIM US) |
| T. Rowe Price Associates, Inc. | (T. Rowe Price) |
| Wellington Management Company LLP | (Wellington) |

---

The following portfolios had the following country composition as a percentage of net assets, unless otherwise indicated, on 9-30-25:

#### Financial Industries Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;83.2% |
| United Kingdom | &nbsp;&nbsp;4.1% |
| Switzerland | &nbsp;&nbsp;3.3% |
| Netherlands | &nbsp;&nbsp;2.2% |
| Puerto Rico | &nbsp;&nbsp;2.0% |
| Japan | &nbsp;&nbsp;2.0% |
| Ireland | &nbsp;&nbsp;1.6% |
| Spain | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Fundamental Large Cap Value Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;83.8% |
| France | &nbsp;&nbsp;3.5% |
| United Kingdom | &nbsp;&nbsp;3.4% |
| South Korea | &nbsp;&nbsp;2.6% |
| Canada | &nbsp;&nbsp;1.6% |
| Switzerland | &nbsp;&nbsp;1.4% |
| Belgium | &nbsp;&nbsp;1.2% |
| Other countries | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Health Sciences Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;87.2% |
| Netherlands | &nbsp;&nbsp;5.6% |
| United Kingdom | &nbsp;&nbsp;2.9% |
| Denmark | &nbsp;&nbsp;1.5% |
| Other countries | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### High Yield Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;88.4% |
| Canada | &nbsp;&nbsp;2.8% |
| Luxembourg | &nbsp;&nbsp;2.3% |
| Japan | &nbsp;&nbsp;1.8% |
| France | &nbsp;&nbsp;1.3% |
| Other countries | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Mid Value Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;88.4% |
| Ireland | &nbsp;&nbsp;3.4% |
| Canada | &nbsp;&nbsp;1.9% |
| United Kingdom | &nbsp;&nbsp;1.9% |
| Bermuda | &nbsp;&nbsp;1.7% |
| Puerto Rico | &nbsp;&nbsp;1.3% |
| Other countries | &nbsp;&nbsp;1.4% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Strategic Equity Allocation Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;67.0% |
| Japan | &nbsp;&nbsp;7.0% |
| United Kingdom | &nbsp;&nbsp;4.7% |
| France | &nbsp;&nbsp;3.4% |
| Switzerland | &nbsp;&nbsp;3.3% |
| Germany | &nbsp;&nbsp;3.1% |
| Australia | &nbsp;&nbsp;2.1% |
| Netherlands | &nbsp;&nbsp;1.7% |
| Sweden | &nbsp;&nbsp;1.2% |
| Spain | &nbsp;&nbsp;1.1% |
| Other countries | &nbsp;&nbsp;5.4% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Strategic Income Opportunities Trust

---

| | |
|:---|:---|
| United States | &nbsp;&nbsp;64.5% |
| Canada | &nbsp;&nbsp;8.6% |
| Australia | &nbsp;&nbsp;3.8% |
| United Kingdom | &nbsp;&nbsp;3.8% |
| New Zealand | &nbsp;&nbsp;2.5% |
| Indonesia | &nbsp;&nbsp;2.4% |
| Philippines | &nbsp;&nbsp;2.3% |
| Brazil | &nbsp;&nbsp;1.6% |
| Norway | &nbsp;&nbsp;1.1% |
| Supranational | &nbsp;&nbsp;1.1% |
| Other countries | &nbsp;&nbsp;8.3% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

The following portfolios had the following sector composition as a percentage of net assets on 9-30-25:

------

## John Hancock Variable Insurance Trust<br>

#### Portfolio of Investments — September 30, 2025 (unaudited) (showing percentage of total net assets)<br>

------

#### Disciplined Value Emerging Markets Equity Trust

---

| | |
|:---|:---|
| Information technology | &nbsp;&nbsp;18.0% |
| Financials | &nbsp;&nbsp;17.9% |
| Communication services | &nbsp;&nbsp;17.6% |
| Consumer discretionary | &nbsp;&nbsp;9.9% |
| Consumer staples | &nbsp;&nbsp;9.1% |
| Health care | &nbsp;&nbsp;8.3% |
| Materials | &nbsp;&nbsp;7.0% |
| Industrials | &nbsp;&nbsp;6.6% |
| Energy | &nbsp;&nbsp;1.0% |
| Real estate | &nbsp;&nbsp;0.8% |
| Utilities | &nbsp;&nbsp;0.6% |
| Short-term investments and other | &nbsp;&nbsp;3.2% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Disciplined Value International Trust

---

| | |
|:---|:---|
| Financials | &nbsp;&nbsp;22.4% |
| Industrials | &nbsp;&nbsp;20.9% |
| Health care | &nbsp;&nbsp;10.0% |
| Consumer staples | &nbsp;&nbsp;8.7% |
| Materials | &nbsp;&nbsp;8.6% |
| Consumer discretionary | &nbsp;&nbsp;6.9% |
| Information technology | &nbsp;&nbsp;6.3% |
| Communication services | &nbsp;&nbsp;5.9% |
| Energy | &nbsp;&nbsp;4.9% |
| Utilities | &nbsp;&nbsp;1.8% |
| Short-term investments and other | &nbsp;&nbsp;3.6% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### Global Equity Trust

---

| | |
|:---|:---|
| Financials | &nbsp;&nbsp;22.6% |
| Industrials | &nbsp;&nbsp;15.5% |
| Information technology | &nbsp;&nbsp;11.7% |
| Consumer discretionary | &nbsp;&nbsp;10.7% |
| Health care | &nbsp;&nbsp;9.3% |
| Consumer staples | &nbsp;&nbsp;8.5% |
| Materials | &nbsp;&nbsp;7.2% |
| Communication services | &nbsp;&nbsp;6.2% |
| Energy | &nbsp;&nbsp;4.7% |
| Utilities | &nbsp;&nbsp;2.0% |
| Short-term investments and other | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### International Equity Index Trust

---

| | |
|:---|:---|
| Financials | &nbsp;&nbsp;24.2% |
| Industrials | &nbsp;&nbsp;14.6% |
| Information technology | &nbsp;&nbsp;13.7% |
| Consumer discretionary | &nbsp;&nbsp;10.5% |
| Health care | &nbsp;&nbsp;7.7% |
| Materials | &nbsp;&nbsp;6.6% |
| Communication services | &nbsp;&nbsp;6.2% |
| Consumer staples | &nbsp;&nbsp;6.1% |
| Energy | &nbsp;&nbsp;4.4% |
| Utilities | &nbsp;&nbsp;3.0% |
| Real estate | &nbsp;&nbsp;1.5% |
| Short-term investments and other | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

#### International Small Company Trust

---

| | |
|:---|:---|
| Industrials | &nbsp;&nbsp;23.8% |
| Materials | &nbsp;&nbsp;14.2% |
| Financials | &nbsp;&nbsp;13.5% |
| Consumer discretionary | &nbsp;&nbsp;12.5% |
| Information technology | &nbsp;&nbsp;7.7% |
| Consumer staples | &nbsp;&nbsp;5.3% |
| Health care | &nbsp;&nbsp;5.3% |
| Energy | &nbsp;&nbsp;4.9% |
| Real estate | &nbsp;&nbsp;4.4% |
| Communication services | &nbsp;&nbsp;3.6% |
| Utilities | &nbsp;&nbsp;3.2% |
| Short-term investments and other | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;&nbsp;**TOTAL** | &nbsp;&nbsp;**100.0%** |

---

------

## John Hancock Variable Insurance Trust<br>

#### Notes to Portfolio of Investments (unaudited)

------

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

In order to value the securities, the portfolios use the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are generally valued using evaluated prices obtained from an independent pricing vendor. Futures contracts whose settlement prices are determined as of the close of the NYSE are typically valued based on the settlement price while other futures contracts are typically valued at the last traded price on the exchange on which they trade. Foreign equity index futures that trade in the electronic trading market subsequent to the close of regular trading may be valued at the last traded price in the electronic trading market as of 4:00 P.M. ET, or may be fair valued based on fair value adjustment factors provided by an independent pricing vendor in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE. Swaps are valued using evaluated prices obtained from an independent pricing vendor. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

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

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

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

The following is a summary of the values by input classification of the portfolios' investments as of September 30, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11843492182** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11843492182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**246480300** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246480300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$12089972482** | **$12089972482** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$3584656** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3584656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$274813497** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$274813497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Active Bond Trust (continued)** | **Active Bond Trust (continued)** | **Active Bond Trust (continued)** | **Active Bond Trust (continued)** | **Active Bond Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$221487202** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$221487202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**171193** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1647584** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1647584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22125866** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22125866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29282796** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29282796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23418** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**133372** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$133372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9394149** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9394149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$559079077** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9527521** | **$549551556** | **—** |
| **American Asset Allocation Trust** | **American Asset Allocation Trust** | **American Asset Allocation Trust** | **American Asset Allocation Trust** | **American Asset Allocation Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1224594633** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1224594633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1224594633** | **$1224594633** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **American Global Growth Trust** | **American Global Growth Trust** | **American Global Growth Trust** | **American Global Growth Trust** | **American Global Growth Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$206829070** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$206829070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$206829070** | &nbsp;&nbsp;&nbsp;&nbsp;**$206829070** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **American Growth Trust** | **American Growth Trust** | **American Growth Trust** | **American Growth Trust** | **American Growth Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1112192730** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1112192730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1112192730** | **$1112192730** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **American Growth-Income Trust** | **American Growth-Income Trust** | **American Growth-Income Trust** | **American Growth-Income Trust** | **American Growth-Income Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1008580770** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1008580770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1008580770** | **$1008580770** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$385734530** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$385734530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$385734530** | &nbsp;&nbsp;&nbsp;&nbsp;**$385734530** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | **—** |
| **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$308561728** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$308561728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**347152892** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347152892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15496378** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15496378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**171360316** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167736670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3623646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**122369272** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122369272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**69699506** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69699506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1110138617** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110138617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15017283** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15017283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Blue Chip Growth Trust (continued)** | **Blue Chip Growth Trust (continued)** | **Blue Chip Growth Trust (continued)** | **Blue Chip Growth Trust (continued)** | **Blue Chip Growth Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$11686263** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11686263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Exchange-traded funds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22437830** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22437830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3543606** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3543606 | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6597501** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6597501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$2204061192** | **$2196893940** | &nbsp;&nbsp;&nbsp;&nbsp;**$7167252** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$314360061** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$314360061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39784** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**81937317** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$81937317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**38281893** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38281893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**46734373** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46734373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**522548** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14646511** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12341511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2305000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$496522487** | &nbsp;&nbsp;&nbsp;&nbsp;**$326741356** | **$169781131** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(1489917)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1489917) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$386402539** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$386402539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11401284** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11401284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**204723259** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204723259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1038835** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**114209762** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114209762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**66048522** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66048522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25864023** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25864023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$809688224** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$25864023** | **$783824201** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16046655** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16046655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**798268** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**74164234** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2892546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71259063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1850414** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greece | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1523661** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14688296** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14688296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13584851** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5046662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8532935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4339** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1349720** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1349720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**202064** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**663885** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10889223** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7315318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3573905 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21581975** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21473560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9411667** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9411667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philippines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1328** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Portugal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**383803** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1559064** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1559064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Disciplined Value Emerging Markets Equity Trust (continued)** | **Disciplined Value Emerging Markets Equity Trust (continued)** | **Disciplined Value Emerging Markets Equity Trust (continued)** | **Disciplined Value Emerging Markets Equity Trust (continued)** | **Disciplined Value Emerging Markets Equity Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8015795** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8015795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3098836** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3098836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27049604** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2102887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24881297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25383202** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3693890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thailand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3329720** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3329720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5157242** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5157242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7499246** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2130155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5369091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1430692** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1430692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3820214** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3820214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**463706** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philippines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3063** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6090149** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6090149 | &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;&nbsp;&nbsp;&nbsp;&nbsp;**6821490** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6821490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$266866406** | **$86647844** | **$180129596** | **$88966** |
| **Derivatives:** |  |  |  |  |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(12059)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(12059) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5788536** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5788536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1678524** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10207856** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4382078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5825778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2476685** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2476685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16305912** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16305912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9193258** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9193258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10417114** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10417114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3010718** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3010718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29760516** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29760516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4580748** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7531384** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7531384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4072487** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4072487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2349025** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2349025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10477422** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10477422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**52211109** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52211109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1801222** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6462859** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6462859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17218802** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17218802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2645374** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2645374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30689863** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1972718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28717145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8466153** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8466153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9118571** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9118571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**63221722** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6589563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56632159 | &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;&nbsp;&nbsp;&nbsp;&nbsp;**9815884** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9815884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$319501744** | **$53879408** | **$265622336** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$52556485** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$52556485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34595925** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34595925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**66822163** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66822163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**73887208** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62735511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11151697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**191052070** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191052070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**109123352** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105742304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3381048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**111881580** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100903465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10978115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**78072335** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68587118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9485217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25655257** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25655257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31574349** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31574349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**52511278** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52511278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3627369** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3627369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4116735** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4116735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16005760** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16005760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$851481866** | &nbsp;&nbsp;&nbsp;&nbsp;**$812858420** | **$38623446** | **—** |
| **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** |
| **Investments in securities:** | **Investments in securities:** | **Investments in securities:** |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$65470518** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$58347132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7123386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital markets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31148954** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29045030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer finance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6648370** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6648370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8008192** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8008192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25449808** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22398796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3051012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**962473** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$137688315** | &nbsp;&nbsp;&nbsp;&nbsp;**$125409993** | **$12278322** | **—** |
| **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$297728313** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$297728313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**523998245** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511113087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12885158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**81521040** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81521040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**124224975** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124224975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**246569673** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246569673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**443553285** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443553285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**119282936** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119282936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**677862337** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638811908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39050429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**99419103** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99419103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**121126** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$2614281033** | **$2562345446** | **$51935587** | **—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$60946506** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$60946506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**59630535** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59630535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**71068850** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55017278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16051572 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60463604** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60463604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**142510059** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142510059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**157735094** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157735094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**108433733** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97468057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10965676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**131999393** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110284314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21715079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7625328** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7625328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26475602** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26475602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Escrow certificates** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9295541** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9295541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$836184245** | **$787451918** | &nbsp;&nbsp;&nbsp;**$48732327** | **—** |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Global Equity Trust** | **Global Equity Trust** | **Global Equity Trust** | **Global Equity Trust** | **Global Equity Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5348591** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5348591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2566452** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2566452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21281728** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21281728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15170357** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15170357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4619230** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4619230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16696142** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16696142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25369994** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25369994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14903558** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14903558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10050579** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5694676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4355903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5950981** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5950981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11516936** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11516936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**158923190** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158923190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5602393** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5602393 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Escrow certificates** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2847245** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2847245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$300847376** | **$184161253** | **$116686123** | **—** |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Health Sciences Trust** | **Health Sciences Trust** | **Health Sciences Trust** | **Health Sciences Trust** | **Health Sciences Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$216219130** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$210122949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6096181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**487424** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487424 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Convertible bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**249660** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249660 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1964** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**881757** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$217839935** | **$211006590** | &nbsp;&nbsp;&nbsp;&nbsp;**$6833345** | **—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$171144641** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$171144641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5714680** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5240644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$474036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11916** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**740601** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$740601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5673** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow certificates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23616** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13942265** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13942265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$191583392** | **$14682866** | **$176385285** | **$515241** |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$46442914** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$46442914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1555144** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1555144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5831808** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5831808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10975967** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10975967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**92685521** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92088401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2014131** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1606884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**97205712** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2865200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94340512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colombia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**199813** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Czech Republic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**554999** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13333818** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13333818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Egypt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**250922** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7487444** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7487444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**74564354** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74522808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$41546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**66628301** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66628301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greece | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1996798** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1996798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19473986** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19091384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hungary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**964749** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**52290477** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3630623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48659854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3868332** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3861594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9558001** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4166701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5391300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7463265** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21700201** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**155445765** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155445765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1579381** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1579381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**228964** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Malaysia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4071415** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7118396** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6866747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**36656566** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36656566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Zealand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1866838** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1866838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4179398** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4179398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**788364** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philippines | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1341385** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3548245** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3548245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Portugal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1326857** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11315029** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11315029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13925098** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2926776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10998322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10408918** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10408918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**36496909** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36410654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24354643** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24354643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **International Equity Index Trust (continued)** | **International Equity Index Trust (continued)** | **International Equity Index Trust (continued)** | **International Equity Index Trust (continued)** | **International Equity Index Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$25380402** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3839000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$21541402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**68770210** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68770210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**67645817** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67645817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thailand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3548027** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3548027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turkey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1587317** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1587317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**100161228** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100043695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2965863** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2181377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3883491** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3883491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21149** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2084997** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2084997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3687** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1604016** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rights** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**89323** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13979** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13979 | &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;&nbsp;&nbsp;&nbsp;&nbsp;**13656655** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13656655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1143114989** | **$151409303** | **$991660453** | **$45233** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$150908** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(52252)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$7028737** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$46619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6929278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$52840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Austria | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1633198** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1633198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1756260** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1752700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**269399** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cambodia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39821** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13851864** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13793246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2746414** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2746414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3031977** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3031977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5644474** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5644474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Georgia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**158580** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6255255** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6255255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greece | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21580** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guernsey, Channel Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2162368** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2162368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**722807** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;722807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Isle of Man | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57910** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1131579** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4071776** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24803372** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24803372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liechtenstein | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**76510** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**564459** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macau | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28887** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Malaysia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16880** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauritius | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12918** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mongolia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19213** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2551602** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2319113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Zealand | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**409415** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **International Small Company Trust (continued)** | **International Small Company Trust (continued)** | **International Small Company Trust (continued)** | **International Small Company Trust (continued)** | **International Small Company Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$756873** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$756873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**101072** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**55452** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Portugal | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**486105** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Singapore | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1257540** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**154440** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2572183** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2569227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2849603** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2849603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8336798** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8336798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**40160** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18741** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11615552** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$223263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11381423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**740293** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**368501** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**970** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rights** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2114859** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2114859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$110536397** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16839878** | &nbsp;&nbsp;&nbsp;**$93629856** | **$66663** |
| **Derivatives:** |  |  |  |  |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(1782)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1782) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$141043273** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141043273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4831373** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4831373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**55336234** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55336234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2243090** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2243090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27934107** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27934107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15083263** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15083263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**886696** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$86696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$247358036** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$86696** | **$247271340** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$177436** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$177436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1220779** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1220779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(119751)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(119751) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3102)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3102) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(104934)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104934) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;**$1006523736** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1006523736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1006523758** | **$1006523758** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$150305156** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150305156 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**99** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$150305255** | &nbsp;&nbsp;&nbsp;&nbsp;**$150305255** | **—** | **—** |
| **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;**$5236309082** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5236309082 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**76** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$5236309158** | **$5236309158** | **—** | **—** |
| **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$272694238** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$272694238 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**65** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$272694303** | &nbsp;&nbsp;&nbsp;&nbsp;**$272694303** | **—** | **—** |
| **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$3886244082** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3886244082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39057848** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39057848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$3925301930** | **$3925301930** | **—** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$2945752** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2945752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(118906)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$476632567** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$476632567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3403650** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3403650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$480036217** | &nbsp;&nbsp;&nbsp;&nbsp;**$480036217** | **—** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$106773** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$106773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6959)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6959) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5166586082** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5166586082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**61885172** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61885172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$5228471254** | **$5228471254** | **—** | **—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Managed Volatility Growth Portfolio (continued)** | **Managed Volatility Growth Portfolio (continued)** | **Managed Volatility Growth Portfolio (continued)** | **Managed Volatility Growth Portfolio (continued)** | **Managed Volatility Growth Portfolio (continued)** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6168745** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6168745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(244542)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(244542) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated investment companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$994672873** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$994672873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7566519** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7566519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1002239392** | **$1002239392** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$560981** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$560981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20192)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20192) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$626625439** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$626625439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2543073** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2543073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11142617** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5742617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$640311129** | &nbsp;&nbsp;&nbsp;&nbsp;**$632368056** | **$5400000** | **$2543073** |
| **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1155819436** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1155819436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41532438** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41532438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1197351874** | **$1197351874** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(443316)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(443316) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5890327** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5890327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39161581** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38508601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$652980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15652288** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15652288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42656713** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42656713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**121829851** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119708984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**58344139** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58344139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**96090287** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96090287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**84714535** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84714535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**36978675** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33063182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3915493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41523680** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41523680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**39015716** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39015716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Convertible bonds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1986300** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Mid Value Trust (continued)** | **Mid Value Trust (continued)** | **Mid Value Trust (continued)** | **Mid Value Trust (continued)** | **Mid Value Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$16265096** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16265096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$600109188** | &nbsp;&nbsp;&nbsp;&nbsp;**$591433548** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$8675640** | &nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$44665470** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$44665470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60668938** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60668938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16501187** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16501187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Convertible bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14549350** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14549350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3405520** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3405520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7353917** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7353917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5435727** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5435727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**990** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4291109** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4291109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exchange-traded funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14067073** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14067073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Escrow certificates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11890** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11890 | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14297689** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14297689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$185248860** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$32655871** | &nbsp;&nbsp;**$152591999** | **$990** |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sale commitments outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(15815998)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(15815998) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**141785** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**602771** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1103581** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(85987)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85987) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(488495)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(488495) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1599199)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1599199) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$284270209** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$284270209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3940009** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$288210218** | &nbsp;&nbsp;&nbsp;&nbsp;**$288210218** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;**$1218779706** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1218779706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4258799** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4258799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1223038505** | **$1223038505** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$3030794398** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3030794398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1767121167** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1767121167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21734603** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21734603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**286350006** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286350006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Select Bond Trust (continued)** | **Select Bond Trust (continued)** | **Select Bond Trust (continued)** | **Select Bond Trust (continued)** | **Select Bond Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$417790266** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$417790266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**184398847** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$184398847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$5708189287** | **$184398847** | **$5523790440** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$238668576** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$238668576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3830092** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3830092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**807942** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1513227** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1513227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$244819837** | &nbsp;&nbsp;&nbsp;&nbsp;**$1513227** | &nbsp;&nbsp;&nbsp;&nbsp;**$243306610** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$24569** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$277888959** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$277888959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16990950** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16990950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$294879909** | **$294879909** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$15081571** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15081571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**53195748** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53178547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10724384** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10724384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25972736** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25972736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**97085623** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97084907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**86378791** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86280651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**95828707** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95828707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**83614991** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83614991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22896888** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22883770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31311601** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31311601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17617363** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17617363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rights** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11410** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**434** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**37173508** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37173508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$576893755** | **$576764580** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$19446** | **$109729** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$123914** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$123914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$5579503** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5579503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25977563** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25977563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9568198** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9568198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16278380** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16278380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**50546418** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50545802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13442221** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13440290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27856739** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27856671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12364495** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12364495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11697725** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11687017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1847559** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1847559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**576559** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1907460** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1907460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;**$177642820** | **$177629497** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$458** | **$12865** |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$4111150** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4111150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32404138** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32404138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6720055** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6720055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4296881** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4296881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23225960** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22283580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$942380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**60754643** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60754643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**59098085** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59098085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**40137119** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40137119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8188963** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8188963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8300852** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Exchange-traded funds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1634444** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1634444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3756120** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2156120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;**$252628410** | **$250086030** | &nbsp;&nbsp;**$2542380** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$126373887** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$126373887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4143915** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4143915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;**$130517802** | **$130517802** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$505767089** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$407853987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$97913102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**712527364** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495703125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216824239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**380647188** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216112222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164534966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**214876942** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143854336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71022606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1203333826** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651759412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551573820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**672069735** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430699866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241246875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**916208266** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486827967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429380299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Strategic Equity Allocation Trust (continued)** | **Strategic Equity Allocation Trust (continued)** | **Strategic Equity Allocation Trust (continued)** | **Strategic Equity Allocation Trust (continued)** | **Strategic Equity Allocation Trust (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1605553803** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1426016313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$179537490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**233223180** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107127110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126085822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**166956415** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124669617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42286798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**192423362** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116298082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76125280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6655413** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6655413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rights** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**299743** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**312** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**303131502** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303131502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$7113674140** | **$4910353594** | **$2203186710** | **$133836** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$770444** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$770444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(297042)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(297042) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22807577** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22807577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**44884306** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44884306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**105481771** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105481771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Convertible bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4095492** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4095492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21867286** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21867286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12851731** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12851731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3447448** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3447448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9069647** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9069647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchased options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5692546** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5692546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$230197808** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14762193** | &nbsp;&nbsp;&nbsp;&nbsp;**$215435615** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$13747** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**325159** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$325159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(86372)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward foreign currency contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(131023)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(31623)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31623) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$768091717** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$768091717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8513288** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8513288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**267927796** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267927796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3434345** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3434345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14729982** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14729982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4557732** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4557732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14186916** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14186916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1081441776** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$14186916** | **$1067254860** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 9-30-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$109466652** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$109466652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**122682516** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122679024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer staples | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**57547072** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57547072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33342742** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33342742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**157634124** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157626766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**102938408** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102900229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**104926652** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104926652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**357439372** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357436563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25519139** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25518944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25444883** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25443912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24599026** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24599026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Preferred securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1773** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**275** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12658** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Rights** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1310** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Warrants** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**131** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22235599** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22235599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | **$1143792332** | **$1143739053** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$10921** | **$42358** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$235374** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$235374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(12144)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12144) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* | *Level 3 includes securities valued at $0. Refer to Portfolio of Investments.* |
| **U.S. Growth Trust** | **U.S. Growth Trust** | **U.S. Growth Trust** | **U.S. Growth Trust** | **U.S. Growth Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$736684615** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$736684615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12407940** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12407940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$749092555** | &nbsp;&nbsp;&nbsp;&nbsp;**$749092555** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
| **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government and Agency obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$873147** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$873147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**118693118** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118693118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized mortgage obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**553932** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**48620543** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48620543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-term investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42363403** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2407913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39955490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total investments in securities** | &nbsp;&nbsp;&nbsp;&nbsp;**$211104143** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$2407913** | **$208696230** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |

---

**Investment in affiliated underlying funds. Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio, Lifestyle Moderate Portfolio, Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio invest primarily in affiliated underlying funds that are managed by the Advisor and its affiliates. The portfolios do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the portfolios' investment may represent a significant portion of each underlying funds' net assets.**

Information regarding the portfolios' fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the portfolios, if any, is as follows:

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** | **500 Index Trust** |
| John Hancock Collateral Trust | 24639652 | $358407091 | $577325943 | $(689253746) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$70270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(69258) | $9244861 |  | &nbsp;&nbsp;&nbsp;&nbsp;$246480300 |
| **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** | **Active Bond Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;939096 | &nbsp;&nbsp;&nbsp;&nbsp;$3717413 | &nbsp;&nbsp;$98670795 | &nbsp;&nbsp;$(92989722) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1423) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(2914) | &nbsp;&nbsp;&nbsp;$115119 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9394149 |
| **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** | **Blue Chip Growth Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(14895) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4260 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** | **Capital Appreciation Value Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;163945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150947 | &nbsp;&nbsp;$38165524 | &nbsp;&nbsp;$(36676213) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(170) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(80) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2309 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1640008 |
| **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** | **Core Bond Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;168685 | &nbsp;&nbsp;&nbsp;&nbsp;$2352408 | &nbsp;&nbsp;$22775385 | &nbsp;&nbsp;$(23440040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(334) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4305 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1687423 |
| **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** | **Disciplined Value Emerging Markets Equity Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57255 | &nbsp;&nbsp;&nbsp;&nbsp;$3660691 | &nbsp;&nbsp;$58147096 | &nbsp;&nbsp;$(61235811) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$64 | &nbsp;&nbsp;&nbsp;&nbsp;$83289 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$572749 |
| **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** | **Disciplined Value International Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;199892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$153612 | &nbsp;&nbsp;$38929055 | &nbsp;&nbsp;$(37082918) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(70) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(80) | &nbsp;&nbsp;&nbsp;&nbsp;$42883 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1999599 |
| **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** | **Equity Income Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;650733 | &nbsp;&nbsp;$11923203 | &nbsp;&nbsp;$57571657 | &nbsp;&nbsp;$(62984982) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(557) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$223 | &nbsp;&nbsp;&nbsp;&nbsp;$21040 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6509544 |
| **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** | **Financial Industries Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96215 | &nbsp;&nbsp;&nbsp;&nbsp;$2715316 | &nbsp;&nbsp;$41603988 | &nbsp;&nbsp;$(43356889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$42 | &nbsp;&nbsp;&nbsp;&nbsp;$95355 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$962473 |
| **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** | **Fundamental All Cap Core Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12109 | &nbsp;&nbsp;$46468206 | $230798226 | $(277144580) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1149) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$423 | &nbsp;&nbsp;&nbsp;$789467 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$121126 |
| **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** | **Fundamental Large Cap Value Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;929238 | &nbsp;&nbsp;$16053207 | &nbsp;&nbsp;$77239398 | &nbsp;&nbsp;$(83995009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(924) | &nbsp;&nbsp;&nbsp;$439419 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9295541 |
| **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** | **High Yield Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;1393729 | &nbsp;&nbsp;$12262146 | &nbsp;&nbsp;$58892060 | &nbsp;&nbsp;$(57211819) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(698) | &nbsp;&nbsp;&nbsp;&nbsp;$76007 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13942029 |
| **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;220712 | &nbsp;&nbsp;&nbsp;&nbsp;$1392383 | &nbsp;&nbsp;$55222228 | &nbsp;&nbsp;$(54406406) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(84) | &nbsp;&nbsp;&nbsp;&nbsp;$40010 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2207873 |
| **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** | **International Small Company Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;211414 | &nbsp;&nbsp;&nbsp;&nbsp;$2955240 | &nbsp;&nbsp;&nbsp;&nbsp;$9647627 | &nbsp;&nbsp;$(10487907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(192) | &nbsp;&nbsp;&nbsp;&nbsp;$50367 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2114859 |
| **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** | **Investment Quality Bond Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$209385 | &nbsp;&nbsp;&nbsp;&nbsp;$5388064 | &nbsp;&nbsp;&nbsp;&nbsp;$(5510723) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1296 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$86696 |
| **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** | **Lifestyle Balanced Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22 |
| Select Bond | 40499045 | &nbsp;&nbsp;492479965 | &nbsp;&nbsp;&nbsp;&nbsp;16408815 | &nbsp;&nbsp;$(42026268) | &nbsp;&nbsp;$(7083622) | &nbsp;&nbsp;&nbsp;&nbsp;$36739401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496518291 |
| Strategic Equity Allocation | 24543092 | &nbsp;&nbsp;484091749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839099 | &nbsp;&nbsp;&nbsp;&nbsp;(53558970) | &nbsp;&nbsp;&nbsp;&nbsp;1334607 | &nbsp;&nbsp;&nbsp;&nbsp;77298960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510005445 |
|  |  |  |  |  | **$(5749015)** | **$114038361** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$1** | **—** | **$1006523758** |
| **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** | **Lifestyle Conservative Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(30689) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(3) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$99 |
| Select Bond | &nbsp;&nbsp;9797479 | &nbsp;&nbsp;125381226 | &nbsp;&nbsp;&nbsp;&nbsp;3054237 | &nbsp;&nbsp;&nbsp;&nbsp;(15818479) | &nbsp;&nbsp;&nbsp;(2509543) | &nbsp;&nbsp;&nbsp;&nbsp;$10009647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120117088 |
| Strategic Equity Allocation | &nbsp;&nbsp;1452746 | &nbsp;&nbsp;&nbsp;&nbsp;30742694 | &nbsp;&nbsp;&nbsp;&nbsp;2758415 | &nbsp;&nbsp;&nbsp;&nbsp;(8222419) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63150) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4972528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30188068 |
|  |  |  |  |  | **$(2572696)** | &nbsp;&nbsp;**$14982175** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$35** | **—** | &nbsp;&nbsp;&nbsp;**$150305255** |
| **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** | **Lifestyle Growth Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&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;$319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76 |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **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** |
| Select Bond | 121902430 | $1518681058 | &nbsp;&nbsp;$3688676 | $(119400548) | $(19861670) | &nbsp;&nbsp;$111416278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;$1494523794 |
| Strategic Equity Allocation | 180091313 | &nbsp;&nbsp;3543589137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;(375631707) | &nbsp;&nbsp;&nbsp;54574314 | &nbsp;&nbsp;&nbsp;&nbsp;519253544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;3741785288 |
|  |  |  |  |  | **$34712644** | **$630669822** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$2** | **—** | **$5236309158** |
| **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** | **Lifestyle Moderate Portfolio** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$21534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(22592) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65 |
| Select Bond | &nbsp;&nbsp;13308442 | &nbsp;&nbsp;&nbsp;&nbsp;160646561 | &nbsp;&nbsp;&nbsp;&nbsp;4054823 | &nbsp;&nbsp;&nbsp;&nbsp;(11460996) | &nbsp;&nbsp;&nbsp;&nbsp;(1568744) | &nbsp;&nbsp;&nbsp;&nbsp;$11489856 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163161500 |
| Strategic Equity Allocation | &nbsp;&nbsp;&nbsp;&nbsp;5271065 | &nbsp;&nbsp;&nbsp;&nbsp;106765553 | &nbsp;&nbsp;&nbsp;&nbsp;2146382 | &nbsp;&nbsp;&nbsp;&nbsp;(16541232) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987961 | &nbsp;&nbsp;&nbsp;&nbsp;16174074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109532738 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(580785)** | &nbsp;&nbsp;**$27663930** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22** | **—** | &nbsp;&nbsp;&nbsp;**$272694303** |
| **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** | **Managed Volatility Balanced Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;&nbsp;&nbsp;3337193 | &nbsp;&nbsp;&nbsp;$133218143 | &nbsp;&nbsp;&nbsp;&nbsp;$306413 | &nbsp;&nbsp;$(21910716) | &nbsp;&nbsp;&nbsp;$5675118 | &nbsp;&nbsp;&nbsp;&nbsp;$14096338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;$131385296 |
| Bond | &nbsp;&nbsp;35753734 | &nbsp;&nbsp;&nbsp;&nbsp;517883586 | &nbsp;&nbsp;22765140 | &nbsp;&nbsp;&nbsp;&nbsp;(64142804) | &nbsp;&nbsp;&nbsp;&nbsp;(8255572) | &nbsp;&nbsp;&nbsp;&nbsp;23005961 | &nbsp;&nbsp;$16781927 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491256311 |
| Core Bond | &nbsp;&nbsp;14642285 | &nbsp;&nbsp;&nbsp;&nbsp;180118945 | &nbsp;&nbsp;&nbsp;&nbsp;3358113 | &nbsp;&nbsp;&nbsp;&nbsp;(22743658) | &nbsp;&nbsp;&nbsp;&nbsp;(3931202) | &nbsp;&nbsp;&nbsp;&nbsp;14073267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170875465 |
| Disciplined Value | &nbsp;&nbsp;&nbsp;&nbsp;7180150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | 193183062 | &nbsp;&nbsp;&nbsp;&nbsp;(23925905) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(401752) | &nbsp;&nbsp;&nbsp;&nbsp;16607875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185463280 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;9702771 | &nbsp;&nbsp;&nbsp;&nbsp;105439611 | &nbsp;&nbsp;&nbsp;&nbsp;5901775 | &nbsp;&nbsp;&nbsp;&nbsp;(20390009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746796 | &nbsp;&nbsp;&nbsp;&nbsp;17166912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108865085 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;188534182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;(198261904) | &nbsp;&nbsp;&nbsp;24577626 | &nbsp;&nbsp;&nbsp;&nbsp;(14849904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Fundamental Large Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;3533858 | &nbsp;&nbsp;&nbsp;&nbsp;203557384 | &nbsp;&nbsp;79427934 | &nbsp;&nbsp;&nbsp;&nbsp;(28618051) | &nbsp;&nbsp;&nbsp;&nbsp;9590582 | &nbsp;&nbsp;&nbsp;&nbsp;10198849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274156698 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;3904457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25880612 | 251953491 | &nbsp;&nbsp;(238776818) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911 | &nbsp;&nbsp;&nbsp;&nbsp;1248182 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39057848 |
| Mid Cap Growth | &nbsp;&nbsp;&nbsp;&nbsp;2958436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36325934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976352 | &nbsp;&nbsp;&nbsp;&nbsp;(3944178) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90019) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2440235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35708324 |
| Mid Value | &nbsp;&nbsp;&nbsp;&nbsp;4568288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52139716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264457 | &nbsp;&nbsp;&nbsp;&nbsp;(3397139) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51164822 |
| Multifactor Developed International ETF | &nbsp;&nbsp;&nbsp;&nbsp;2202551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84986558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;&nbsp;&nbsp;(15804247) | &nbsp;&nbsp;&nbsp;&nbsp;4166153 | &nbsp;&nbsp;&nbsp;&nbsp;14704750 | &nbsp;&nbsp;&nbsp;&nbsp;1622047 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88057989 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;&nbsp;&nbsp;1588191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55319931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15565 | &nbsp;&nbsp;&nbsp;&nbsp;(15305301) | &nbsp;&nbsp;&nbsp;&nbsp;2008816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8235175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475848 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50274186 |
| Multifactor Mid Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64711303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246704 | &nbsp;&nbsp;&nbsp;&nbsp;(5564987) | &nbsp;&nbsp;&nbsp;&nbsp;2452987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2623141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281750 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64469148 |
| Multifactor Small Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;1362241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49819892 | &nbsp;&nbsp;10934605 | &nbsp;&nbsp;&nbsp;&nbsp;(7491684) | &nbsp;&nbsp;&nbsp;&nbsp;2445272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251222 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57009786 |
| Select Bond | 102259332 | &nbsp;&nbsp;1321953750 | &nbsp;&nbsp;19407508 | &nbsp;&nbsp;(164800674) | &nbsp;&nbsp;(27862175) | &nbsp;&nbsp;&nbsp;&nbsp;105001005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;1253699414 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;3216514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18795726 | &nbsp;&nbsp;39567084 | &nbsp;&nbsp;&nbsp;&nbsp;(9420820) | &nbsp;&nbsp;&nbsp;&nbsp;(1378121) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9271935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56835804 |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44517926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(39270285) | &nbsp;&nbsp;&nbsp;&nbsp;(5167962) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(79679) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Equity Allocation | &nbsp;&nbsp;41723892 | &nbsp;&nbsp;&nbsp;&nbsp;893255644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;(161178992) | &nbsp;&nbsp;&nbsp;&nbsp;1419117 | &nbsp;&nbsp;&nbsp;&nbsp;133526705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;867022474 |
|  |  |  |  |  | &nbsp;&nbsp;**$6677345** | **$358800936** | **$20660976** | **—** | **$3925301930** |
| **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** | **Managed Volatility Conservative Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7781835 | &nbsp;&nbsp;&nbsp;&nbsp;$523888 | &nbsp;&nbsp;&nbsp;&nbsp;$(1905518) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$867956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$330908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7599069 |
| Bond | &nbsp;&nbsp;&nbsp;&nbsp;7106293 | &nbsp;&nbsp;&nbsp;&nbsp;104145774 | &nbsp;&nbsp;&nbsp;&nbsp;4210050 | &nbsp;&nbsp;&nbsp;&nbsp;(13716062) | &nbsp;&nbsp;&nbsp;&nbsp;(1690996) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4691695 | &nbsp;&nbsp;&nbsp;$3399210 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97640461 |
| Core Bond | &nbsp;&nbsp;&nbsp;&nbsp;2900470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36103649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325473 | &nbsp;&nbsp;&nbsp;&nbsp;(4626802) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(869916) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2916084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33848488 |
| Disciplined Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;12857453 | &nbsp;&nbsp;&nbsp;&nbsp;(1696815) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12277149 |
| Emerging Markets Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4637007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176797 | &nbsp;&nbsp;&nbsp;&nbsp;(1242343) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(637180) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4310260 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12924053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(13580590) | &nbsp;&nbsp;&nbsp;&nbsp;1065530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(408993) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Fundamental Large Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10796643 | &nbsp;&nbsp;&nbsp;&nbsp;4563838 | &nbsp;&nbsp;&nbsp;&nbsp;(2105699) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14338395 |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428405 | &nbsp;&nbsp;12383152 | &nbsp;&nbsp;&nbsp;&nbsp;(11407588) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(119) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121766 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3403650 |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **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** |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62665 | &nbsp;&nbsp;&nbsp;&nbsp;$1927996 | &nbsp;&nbsp;&nbsp;&nbsp;$197006 | &nbsp;&nbsp;&nbsp;&nbsp;$(544860) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$141079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$262440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19119 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1983661 |
| Multifactor Mid Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;103839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6980705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217185 | &nbsp;&nbsp;&nbsp;&nbsp;(1044488) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30219 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6717345 |
| Multifactor Small Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5511024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322802 | &nbsp;&nbsp;&nbsp;&nbsp;(3085425) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(669740) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12028 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2648896 |
| Select Bond | 20288437 | &nbsp;&nbsp;&nbsp;265308333 | &nbsp;&nbsp;&nbsp;&nbsp;2291592 | &nbsp;&nbsp;(34468921) | &nbsp;&nbsp;&nbsp;&nbsp;(6129502) | &nbsp;&nbsp;&nbsp;&nbsp;21734737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248736239 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;150045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2744528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(579485) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651301 |
| Strategic Equity Allocation | &nbsp;&nbsp;2111709 | &nbsp;&nbsp;&nbsp;&nbsp;45861179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384296 | &nbsp;&nbsp;&nbsp;&nbsp;(9405499) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109276) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7150603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43881303 |
|  |  |  |  |  | **$(5951624)** | &nbsp;&nbsp;**$39793273** | &nbsp;&nbsp;**$3582342** | **—** | &nbsp;&nbsp;&nbsp;**$480036217** |
| **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** | **Managed Volatility Growth Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;5406443 | $219285230 | &nbsp;&nbsp;&nbsp;&nbsp;$334568 | $(38230643) | &nbsp;&nbsp;&nbsp;$8601865 | &nbsp;&nbsp;&nbsp;&nbsp;$22860654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;$212851674 |
| Bond | 27617811 | &nbsp;&nbsp;&nbsp;401744089 | &nbsp;&nbsp;25019798 | &nbsp;&nbsp;(58613714) | &nbsp;&nbsp;&nbsp;&nbsp;(7563835) | &nbsp;&nbsp;&nbsp;&nbsp;18882378 | &nbsp;&nbsp;$12865306 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379468716 |
| Core Bond | 11340264 | &nbsp;&nbsp;&nbsp;139993115 | &nbsp;&nbsp;&nbsp;&nbsp;5420982 | &nbsp;&nbsp;(20876441) | &nbsp;&nbsp;&nbsp;&nbsp;(3778380) | &nbsp;&nbsp;&nbsp;&nbsp;11581604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132340880 |
| Disciplined Value | 11562377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | 313656166 | &nbsp;&nbsp;(40267905) | &nbsp;&nbsp;&nbsp;&nbsp;(1518939) | &nbsp;&nbsp;&nbsp;&nbsp;26786871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298656193 |
| Emerging Markets Equity | 20240297 | &nbsp;&nbsp;&nbsp;222086295 | &nbsp;&nbsp;11269357 | &nbsp;&nbsp;(43155463) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324751 | &nbsp;&nbsp;&nbsp;&nbsp;36571188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227096128 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;306311782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (322055415) | &nbsp;&nbsp;&nbsp;36663438 | &nbsp;&nbsp;&nbsp;&nbsp;(20919805) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Fundamental Large Cap Core | &nbsp;&nbsp;5748384 | &nbsp;&nbsp;&nbsp;367103607 | &nbsp;&nbsp;99848554 | &nbsp;&nbsp;(52471353) | &nbsp;&nbsp;&nbsp;21616654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9862151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445959613 |
| John Hancock Collateral Trust | &nbsp;&nbsp;6186414 | &nbsp;&nbsp;&nbsp;&nbsp;20005584 | 470643089 | (428763799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp;1823809 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61885172 |
| Mid Cap Growth | &nbsp;&nbsp;7059632 | &nbsp;&nbsp;&nbsp;&nbsp;88058003 | &nbsp;&nbsp;&nbsp;&nbsp;6844267 | &nbsp;&nbsp;(15257388) | &nbsp;&nbsp;&nbsp;&nbsp;(3509491) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9074367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85209758 |
| Mid Value | &nbsp;&nbsp;9874290 | &nbsp;&nbsp;&nbsp;113868564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745011 | &nbsp;&nbsp;&nbsp;&nbsp;(8553215) | &nbsp;&nbsp;&nbsp;&nbsp;1630386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2901305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110592051 |
| Multifactor Developed International ETF | &nbsp;&nbsp;6062373 | &nbsp;&nbsp;&nbsp;201844090 | &nbsp;&nbsp;31085288 | &nbsp;&nbsp;(39550410) | &nbsp;&nbsp;&nbsp;10344220 | &nbsp;&nbsp;&nbsp;&nbsp;38650485 | &nbsp;&nbsp;&nbsp;&nbsp;4464574 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242373673 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;3318949 | &nbsp;&nbsp;&nbsp;115333213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31505 | &nbsp;&nbsp;(31409039) | &nbsp;&nbsp;&nbsp;&nbsp;3876497 | &nbsp;&nbsp;&nbsp;&nbsp;17229155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980550 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105061331 |
| Multifactor Mid Cap ETF | &nbsp;&nbsp;1828510 | &nbsp;&nbsp;&nbsp;120095945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639702 | &nbsp;&nbsp;(11542282) | &nbsp;&nbsp;&nbsp;&nbsp;4947488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4145459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511887 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118286312 |
| Multifactor Small Cap ETF | &nbsp;&nbsp;2604776 | &nbsp;&nbsp;&nbsp;111164781 | &nbsp;&nbsp;&nbsp;&nbsp;5833510 | &nbsp;&nbsp;(13438228) | &nbsp;&nbsp;&nbsp;&nbsp;4260253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475674 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109009876 |
| Select Bond | 79425804 | 1030948704 | &nbsp;&nbsp;35818767 | (152577145) | &nbsp;&nbsp;(24962032) | &nbsp;&nbsp;&nbsp;&nbsp;84532068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973760362 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;6150027 | &nbsp;&nbsp;&nbsp;&nbsp;35336980 | &nbsp;&nbsp;74767898 | &nbsp;&nbsp;(16302809) | &nbsp;&nbsp;&nbsp;&nbsp;(2111430) | &nbsp;&nbsp;&nbsp;&nbsp;16980329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108670968 |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;72639391 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;(64076877) | &nbsp;&nbsp;&nbsp;&nbsp;(6798698) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1763816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Equity Allocation | 77827168 | 1689234539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | (318582383) | &nbsp;&nbsp;(10820455) | &nbsp;&nbsp;&nbsp;&nbsp;257416846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;1617248547 |
|  |  |  |  |  | **$31200385** | **$535983004** | **$21121800** | **—** | **$5228471254** |
| **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** | **Managed Volatility Moderate Portfolio** |
| Blue Chip Growth | &nbsp;&nbsp;&nbsp;&nbsp;743609 | &nbsp;&nbsp;&nbsp;$29870414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15548 | &nbsp;&nbsp;$(5030902) | &nbsp;&nbsp;&nbsp;$1490872 | &nbsp;&nbsp;&nbsp;&nbsp;$2929935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29275867 |
| Bond | 11029978 | &nbsp;&nbsp;&nbsp;161390442 | &nbsp;&nbsp;&nbsp;&nbsp;6898526 | &nbsp;&nbsp;(21316455) | &nbsp;&nbsp;&nbsp;&nbsp;(2720387) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7299773 | &nbsp;&nbsp;&nbsp;$5249177 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151551899 |
| Core Bond | &nbsp;&nbsp;4517352 | &nbsp;&nbsp;&nbsp;&nbsp;56160262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683319 | &nbsp;&nbsp;&nbsp;&nbsp;(7288989) | &nbsp;&nbsp;&nbsp;&nbsp;(1242468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4405370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52717494 |
| Disciplined Value | &nbsp;&nbsp;1679924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;45434712 | &nbsp;&nbsp;&nbsp;&nbsp;(5904489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26098) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3888301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43392426 |
| Emerging Markets Equity | &nbsp;&nbsp;1801510 | &nbsp;&nbsp;&nbsp;&nbsp;21265505 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285826 | &nbsp;&nbsp;&nbsp;&nbsp;(4738016) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3311471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20212944 |
| Equity Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;44426347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;(46721441) | &nbsp;&nbsp;&nbsp;&nbsp;6594768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4299674) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Fundamental Large Cap Core | &nbsp;&nbsp;&nbsp;&nbsp;797466 | &nbsp;&nbsp;&nbsp;&nbsp;44395121 | &nbsp;&nbsp;19906146 | &nbsp;&nbsp;&nbsp;&nbsp;(6901921) | &nbsp;&nbsp;&nbsp;&nbsp;2458995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2009057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61867398 |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **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 | &nbsp;&nbsp;&nbsp;&nbsp;756395 | &nbsp;&nbsp;$6943245 | &nbsp;&nbsp;&nbsp;&nbsp;$54952776 | &nbsp;&nbsp;$(54329477) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(60) | &nbsp;&nbsp;&nbsp;&nbsp;$295936 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7566519 |
| Mid Cap Growth | &nbsp;&nbsp;&nbsp;&nbsp;750739 | &nbsp;&nbsp;&nbsp;&nbsp;9240655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787473 | &nbsp;&nbsp;&nbsp;&nbsp;(1602141) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2548) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9061417 |
| Mid Value | &nbsp;&nbsp;1061481 | &nbsp;&nbsp;12172396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(912327) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11888593 |
| Multifactor Developed International ETF | &nbsp;&nbsp;&nbsp;&nbsp;239139 | &nbsp;&nbsp;&nbsp;&nbsp;9268134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34735 | &nbsp;&nbsp;&nbsp;&nbsp;(1799370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426104 | &nbsp;&nbsp;&nbsp;&nbsp;1631174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175445 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9560777 |
| Multifactor Emerging Markets ETF | &nbsp;&nbsp;&nbsp;&nbsp;294780 | &nbsp;&nbsp;&nbsp;&nbsp;8960851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406485 | &nbsp;&nbsp;&nbsp;&nbsp;(1900647) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289955 | &nbsp;&nbsp;&nbsp;&nbsp;1574617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88829 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9331261 |
| Multifactor Mid Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;116682 | &nbsp;&nbsp;&nbsp;&nbsp;7627402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(718569) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33264 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7548159 |
| Multifactor Small Cap ETF | &nbsp;&nbsp;&nbsp;&nbsp;229915 | &nbsp;&nbsp;&nbsp;&nbsp;6218555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4011814 | &nbsp;&nbsp;&nbsp;&nbsp;(1463617) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42804 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9621943 |
| Select Bond | 31564582 | 412288069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4433599 | &nbsp;&nbsp;&nbsp;&nbsp;(53803513) | &nbsp;&nbsp;(8908808) | &nbsp;&nbsp;&nbsp;32972434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386981781 |
| Small Cap Dynamic Growth | &nbsp;&nbsp;&nbsp;&nbsp;542869 | &nbsp;&nbsp;&nbsp;&nbsp;4064452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6163381 | &nbsp;&nbsp;&nbsp;&nbsp;(1862505) | &nbsp;&nbsp;&nbsp;&nbsp;(417610) | &nbsp;&nbsp;&nbsp;&nbsp;1644781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9592499 |
| Small Cap Value | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8903629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(7854096) | &nbsp;&nbsp;(1068594) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Strategic Equity Allocation | &nbsp;&nbsp;8761714 | 189212514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(35881684) | &nbsp;&nbsp;&nbsp;3230310 | &nbsp;&nbsp;&nbsp;25507275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182068415 |
|  |  |  |  |  | **$1675801** | **$84008244** | **$5885455** | **—** | **$1002239392** |
| **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** | **Mid Cap Growth Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;574066 | &nbsp;&nbsp;&nbsp;&nbsp;$844750 | &nbsp;&nbsp;&nbsp;&nbsp;$92039305 | &nbsp;&nbsp;$(87141646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(194) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$11079 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5742617 |
| **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** | **Mid Cap Index Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;4151832 | $38188441 | &nbsp;&nbsp;&nbsp;$269662925 | $(266313560) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1930) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(3438) | &nbsp;&nbsp;&nbsp;&nbsp;$938050 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$41532438 |
| **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** | **Mid Value Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99966 | &nbsp;&nbsp;$7121549 | &nbsp;&nbsp;&nbsp;&nbsp;$84130953 | &nbsp;&nbsp;$(90251555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(711) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(236) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$90199 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1000000 |
| **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** | **Opportunistic Fixed Income Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;1008664 | &nbsp;&nbsp;$2067770 | &nbsp;&nbsp;&nbsp;&nbsp;$65349092 | &nbsp;&nbsp;$(57326040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(422) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(335) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24002 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10090065 |
| **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** | **Real Estate Securities Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2726400 | &nbsp;&nbsp;&nbsp;&nbsp;$(2726410) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** | **Science & Technology Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;418140 | &nbsp;&nbsp;$3103289 | &nbsp;&nbsp;&nbsp;&nbsp;$88558206 | &nbsp;&nbsp;$(87477986) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(640) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(45) | &nbsp;&nbsp;$1455350 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4182824 |
| **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** | **Select Bond Trust** |
| John Hancock Collateral Trust | 18433618 | $32684463 | $1076564896 | $(924877099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1343) | &nbsp;&nbsp;$1716298 |  | &nbsp;&nbsp;&nbsp;&nbsp;$184398847 |
| **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** | **Short Term Government Income Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;151271 | &nbsp;&nbsp;$2158408 | &nbsp;&nbsp;&nbsp;$130604633 | $(131248178) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1663) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$82388 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1513227 |
| **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** | **Small Cap Core Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;1698104 | &nbsp;&nbsp;$4131989 | &nbsp;&nbsp;&nbsp;&nbsp;$58937982 | &nbsp;&nbsp;$(46082790) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(393) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$21 | &nbsp;&nbsp;&nbsp;&nbsp;$109544 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16986809 |
| **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** | **Small Cap Index Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;3716087 | $24215235 | &nbsp;&nbsp;&nbsp;$158971678 | $(146014775) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(462) | &nbsp;&nbsp;&nbsp;&nbsp;$815263 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$37173508 |
| **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** | **Small Cap Opportunities Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;157114 | &nbsp;&nbsp;&nbsp;&nbsp;$217658 | &nbsp;&nbsp;&nbsp;&nbsp;$13052963 | &nbsp;&nbsp;$(11698922) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(42) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6091 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1571672 |
| **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** | **Small Cap Stock Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;215539 | &nbsp;&nbsp;$4074271 | &nbsp;&nbsp;&nbsp;&nbsp;$74497273 | &nbsp;&nbsp;$(76414997) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(437) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$17498 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2156120 |
| **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** | **Small Company Value Trust** |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **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 | &nbsp;&nbsp;&nbsp;&nbsp;339834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$469701 | &nbsp;&nbsp;&nbsp;&nbsp;$20755699 | &nbsp;&nbsp;&nbsp;&nbsp;$(17826024) | &nbsp;&nbsp;&nbsp;&nbsp;$157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(41) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8709 |  | &nbsp;&nbsp;&nbsp;&nbsp;$3399492 |
| **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** | **Strategic Equity Allocation Trust** |
| John Hancock Collateral Trust | 30302847 | $238632355 | $1445932254 | $(1381427272) | $17636 | $(23471) | $8021960 |  | $303131502 |
| **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** | **Strategic Income Opportunities Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;569061 | &nbsp;&nbsp;$11224211 | &nbsp;&nbsp;&nbsp;$118705591 | &nbsp;&nbsp;&nbsp;$(124237811) | &nbsp;&nbsp;$1061 | &nbsp;&nbsp;&nbsp;&nbsp;$(506) | &nbsp;&nbsp;&nbsp;$272564 |  | &nbsp;&nbsp;&nbsp;&nbsp;$5692546 |
| **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** | **Total Bond Market Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;1418210 | &nbsp;&nbsp;&nbsp;&nbsp;$9802503 | &nbsp;&nbsp;&nbsp;$236244899 | &nbsp;&nbsp;&nbsp;$(231859695) | &nbsp;&nbsp;&nbsp;&nbsp;$(975) | &nbsp;&nbsp;&nbsp;&nbsp;$184 | &nbsp;&nbsp;&nbsp;$235132 |  | &nbsp;&nbsp;$14186916 |
| **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** | **Total Stock Market Index Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;2222804 | &nbsp;&nbsp;$25230922 | &nbsp;&nbsp;&nbsp;$141251677 | &nbsp;&nbsp;&nbsp;$(144242321) | $(2427) | &nbsp;&nbsp;$(2252) | &nbsp;&nbsp;&nbsp;$897685 |  | &nbsp;&nbsp;$22235599 |
| **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** | **Ultra Short Term Bond Trust** |
| John Hancock Collateral Trust | &nbsp;&nbsp;&nbsp;&nbsp;240710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$270479 | &nbsp;&nbsp;&nbsp;$144208170 | &nbsp;&nbsp;&nbsp;$(142071109) | &nbsp;&nbsp;&nbsp;&nbsp;$311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$62 | &nbsp;&nbsp;&nbsp;$120512 |  | &nbsp;&nbsp;&nbsp;&nbsp;$2407913 |

---

**Investment in affiliates of advisor. Information regarding the portfolios' fiscal year to date purchases and sales of affiliated investments of the advisor as well as income and capital gains earned by the portfolios, if any, is as follows:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** | **International Equity Index Trust** |
| Manulife Financial Corp. | 61400 | $1895490 | $19109 | $(27312) | $7958 | $17742 | $48805 |  | $1912987 |

---

**Restricted securities. The portfolios may hold restricted securities which are restricted as to resale and the portfolios have limited rights to registration under the Securities Act of 1933. Disposal may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. The following table summarizes the restricted securities held at September 30, 2025:**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Issuer,<br> Description** | &nbsp;&nbsp;&nbsp;**Original<br> acquisition date** | &nbsp;&nbsp;&nbsp;**Acquisition<br> cost** | &nbsp;&nbsp;&nbsp;**Beginning<br> share<br> amount** | &nbsp;&nbsp;&nbsp;**Shares<br> purchased** | &nbsp;&nbsp;&nbsp;**Shares<br> sold** | &nbsp;&nbsp;&nbsp;**Ending<br> share<br> amount** | &nbsp;&nbsp;&nbsp;**Value as a<br> percentage of<br> net assets** | &nbsp;&nbsp;&nbsp;**Ending<br> value** |
| **High Yield Trust** |  |  |  |  |  |  |  |  |
| KCAD Holdings I, Ltd. | &nbsp;&nbsp;&nbsp;3-21-11 | &nbsp;&nbsp;&nbsp;$1353651 | &nbsp;&nbsp;&nbsp;165553563 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;165553563 | &nbsp;&nbsp;&nbsp;0.0%<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$166 |
| New Cotai, Inc., Class B | &nbsp;&nbsp;&nbsp;4-12-13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp;0.0% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$166** |
| **Mid Cap Growth Trust** |  |  |  |  |  |  |  |  |
| Essence Group Holdings Corp. | &nbsp;&nbsp;&nbsp;5-1-14 | &nbsp;&nbsp;&nbsp;$2731549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663188 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663188 | &nbsp;&nbsp;&nbsp;&nbsp;0.2% | &nbsp;&nbsp;&nbsp;&nbsp;$1380446 |
| Lookout, Inc., Series F | &nbsp;&nbsp;&nbsp;7-31-14 | &nbsp;&nbsp;&nbsp;&nbsp;2338736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211003 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211003 | &nbsp;&nbsp;&nbsp;&nbsp;0.2% | &nbsp;&nbsp;&nbsp;&nbsp;1162627 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;**$2543073** |

---

<sup>1</sup> Less than 0.05%.

**Transactions in securities of affiliated issuers. Affiliated issuers, as defined by the 1940 Act, are those in which the portfolios' holdings of an issuer represent 5% or more of the outstanding voting securities of the issuer. A summary of the portfolios' transactions in the securities of these issuers during the period ended September 30, 2025, is set forth below:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **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** |
| **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** | **American International Trust** |
| American International Fund - Class 1 | 17759417 | $349028504 | $4355236 | $(39733846) | $(4420439) | $76505075 | $236692 |  | $385734530 |

---

American Asset Allocation Trust, American Global Growth Trust, American Growth Trust, American Growth-Income Trust and American International Trust (collectively, the JHVIT Feeder Funds), Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio and Lifestyle Moderate Portfolio (collectively, the Lifestyle Portfolios), Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio (collectively, the Managed Volatility Portfolios) operate as "funds of funds," investing in shares of mutual funds (underlying funds). The accounting policies of the underlying funds in which the Lifestyle Portfolios and Managed Volatility Portfolios invest are outlined in the underlying funds' shareholder reports, which include the underlying funds' financial statements. These are available on the Securities and Exchange Commission (SEC) website at www.sec.gov. John Hancock underlying funds' shareholder reports are also available without

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charge by calling 800-344-1029 or visiting jhannuities.com. The American Funds Insurance Series' accounting policies are outlined in their financial statements, available at the SEC website at www.sec.gov. Capital Research and Management Company serves as investment advisor for the American Funds Insurance Series' master funds. The underlying funds are not covered by this report.

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Variable Insurance Trust

- **b. Investment Company Act file number:** 811-04146

- **c. CIK number of Registrant:** 0000756913

- **d. LEI of Registrant:** Z5DUWKEPW78QKD87GA06

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

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

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

- **a. Name of Series:** American Global Growth Trust

- **b. EDGAR series identifier (if any):** S000017256

- **c. LEI of Series:** 549300852KGY81CM3O76

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $207703139.45

**Total Liabilities:** $34318.87

**Net Assets:** $207668820.58

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047762 | 0.76%                | 1.50%                | 3.89%                |
| Class ID C000047763 | 0.75%                | 1.60%                | 3.89%                |
| Class ID C000047764 | 0.75%                | 1.55%                | 3.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $805642.35               | $823135.37                                 |
| Month 2  | $483628.32               | $2725958.54                                |
| Month 3  | $298776.86               | $7621117.03                                |

### Schedule of Portfolio Investments

| Name                                               | Title                | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Funds Insurance Series-Global Growth Fund | AFIS GLOBAL GROWTH-1 | CUSIP: 030372882<br>LEI: N/A | Long             | EC               | RF                | US        |   5444205 | NS      | $207696406.86 | 100.01%           |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** John Hancock Variable Insurance Trust

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer