# EDGAR Filing Document

**Accession Number:** 0000925683
**File Stem:** 0001145549-23-009586
**Filing Date:** 2023-2
**Character Count:** 68066
**Document Hash:** 6f4f598816eb15a3c3111459268c36cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009586.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009586

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0000925683
- **IRS NUMBER:** 043241844
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08568
- **FILM NUMBER:** 23664284

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JOHN HANCOCK BANK & THRIFT OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 20110214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN BANK & THRIFT OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 19940728

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN REGIONAL BANK & THRIFT FUND
- **DATE OF NAME CHANGE:** 19940620

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Financial Opportunities Fund

- **b. Investment Company Act file number:** 811-08568

- **c. CIK number of Registrant:** 0000925683

- **d. LEI of Registrant:** 549300GAIJWXWTEVVK15

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

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

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

- **a. Name of Series:** John Hancock Financial Opportunities Fund

- **c. LEI of Series:** 549300GAIJWXWTEVVK15

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $757218667.44

**Total Liabilities:** $126007217.85

**Net Assets:** $631211449.59

**Cash Not Reported:** $9.87

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 9.38%                | 5.79%                | -6.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1769895.32              | $69053381.75                               |
| Month 2  | $3149321.86              | $19020828.95                               |
| Month 3  | $8701577.93              | $-61542506.45                              |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                        | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Umpqua Holdings Corporation                                 | UMPQUA HOLDINGS CORP COMMON STOCK                           | CUSIP: 904214103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    257141 | NS      | $4589966.85   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bancorporation of Alabama Inc.                       | UNITED BANCORPORATION ALAB-A                                | CUSIP: 90944R100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    170487 | NS      | $6018191.10   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks Inc.                                 | UNITED COMMUNITY BANKS INC/GA PREFERRED STOCK 6.875         | CUSIP: 90985F205<br>LEI: 549300GVW0FV66X3U703 | Long             | EP               | CORP              | US        |     57500 | NS      | $1462225.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Federal Savings and Loan Bank                         | FIRST FEDERAL SAVINGS BANK 00000000 00000.0000000000        | CUSIP: 912BLD002<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3057 | PA      | $3057.04      | 0.00%             | 2023-01-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hudson City Savings Bank                                    | HUDSON SAVINGS 00000000 00000.0000000000                    | CUSIP: 912BUE000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2260 | PA      | $2259.77      | 0.00%             | 2023-04-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Home Banking Company                                        | HOME BANK 00000000 00000.0000000000                         | CUSIP: 912BUF007<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18927 | PA      | $18927.10     | 0.00%             | 2023-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colony Bankcorp Inc.                                        | COLONY BANKCORP INC COMMON STOCK USD1.0                     | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86996 | NS      | $1103979.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.                                | COLUMBIA BANKING SYSTEM INC COMMON STOCK                    | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66697 | NS      | $2009580.61   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Incorporated                                       | COMERICA INC COMMON STOCK USD5.0                            | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |    165325 | NS      | $11051976.25  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Communities First Financial Corporation                     | COMMUNITIES FIRST FINANCIAL CO COMMON STOCK                 | CUSIP: 20344D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99506 | NS      | $6020113.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| The Community Financial Corporation                         | COMMUNITY FINANCIAL CORP/THE COMMON STOCK USD.01            | CUSIP: 20368X101<br>LEI: 549300IM1P8BVV642449 | Long             | EC               | CORP              | US        |     89596 | NS      | $3574880.40   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Heritage Financial Inc.                           | COMMUNITY HERITAGE FINANCIAL I COMMON STOCK                 | CUSIP: 20370L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134000 | NS      | $2663920.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| American Business Bank                                      | AMERICAN BUSINESS BANK COMMON STOCK                         | CUSIP: 02475L105<br>LEI: 549300OQ7NQEKOCGWF54 | Long             | EC               | CORP              | US        |     74896 | NS      | $2980860.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Univest Financial Corporation                               | UNIVEST FINANCIAL CORP COMMON STOCK USD5.0                  | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |    136945 | NS      | $3578372.85   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bank Richmond                                         | FIRST BANK RICHMOND 00000000 00000.0000000000               | CUSIP: 916BLH009<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21642 | PA      | $21642.21     | 0.00%             | 2024-12-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia National Bankshares Corporation                    | VIRGINIA NATIONAL BANKSHARES C COMMON STOCK USD2.5          | CUSIP: 928031103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67874 | NS      | $2488260.84   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corporation                                  | WSFS FINANCIAL CORP COMMON STOCK USD.01                     | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    256994 | NS      | $11652107.96  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| W.T.B. Financial Corporation                                | WTB FINANCIAL CORP COMMON STOCK                             | CUSIP: 929334209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9140 | NS      | $3117654.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MUTUAL ONE BANK 99E0FT5C3                                   | MUTUAL ONE BANK 99E0FT5C3                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      4265 | PA      | $4265.44      | 0.00%             | 2023-09-11      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BANK OF IDAHO HOLDING COMPANY BANK OF IDAHO HOLDING COMPANY | BANK OF IDAHO HOLDING COMPANY BANK OF IDAHO HOLDING COMPANY | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    150000 | NS      | $4292086.95   | 0.68%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AVIDBANK HOLDINGS INC AVIDBANK HOLDINGS INC                 | AVIDBANK HOLDINGS INC AVIDBANK HOLDINGS INC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     60000 | NS      | $1230850.56   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Washington Trust Bancorp Inc.                               | WASHINGTON TRUST BANCORP INC COMMON STOCK USD.0625          | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |    112988 | NS      | $5330773.84   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST BOSTON SAVINGS BANK PPE6L2G55                          | EAST BOSTON SAVINGS BANK PPE6L2G55                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      1938 | PA      | $1937.73      | 0.00%             | 2023-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WALDEN MUTUAL                                               | WALDEN MUTUAL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    100000 | NS      | $1000000.00   | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| American National Bankshares Inc.                           | AMERICAN NATIONAL BANKSHARES I COMMON STOCK USD1.0          | CUSIP: 027745108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85338 | NS      | $3151532.34   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| American Riviera Bancorp.                                   | AMERICAN RIVIERA BANCORP COMMON STOCK                       | CUSIP: 02933K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220949 | NS      | $3756133.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                              | AMERIS BANCORP COMMON STOCK USD1.0                          | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    220072 | NS      | $10374194.08  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp Inc.                                       | MID PENN BANCORP INC COMMON STOCK USD1.0                    | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71323 | NS      | $2137550.31   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland States Bancorp Inc.                                 | MIDLAND STATES BANCORP INC PREFERRED STOCK VAR              | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               | CORP              | US        |    120000 | NS      | $3116400.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MidWestOne Financial Group Inc.                             | MIDWESTONE FINANCIAL GROUP INC COMMON STOCK USD.01          | CUSIP: 598511103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133914 | NS      | $4251769.50   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDSTATE FEDERAL SAVINGS+LOAN 00000000 00000.0000000000     | MIDSTATE FEDERAL SAVINGS+LOAN 00000000 00000.0000000000     | CUSIP: 598993004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2061 | PA      | $2060.64      | 0.00%             | 2023-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NBT Bancorp Inc.                                            | NBT BANCORP INC COMMON STOCK USD.01                         | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101770 | NS      | $4418853.40   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Newburyport Five Cents Bancorp Inc.                         | NEWBURYPORT FIVE CENT SVGS BK CD                            | CUSIP: 65199C008<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2152 | PA      | $2152.40      | 0.00%             | 2024-10-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nicolet Bankshares Inc.                                     | NICOLET BANKSHARES INC COMMON STOCK                         | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95864 | NS      | $7648988.56   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Northpointe Bancshares Inc.                                 | NORTHPOINTE BANCSHARES I                                    | CUSIP: 66661N308<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    160000 | NS      | $3672000.00   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrim BanCorp Inc.                                       | NORTHRIM BANCORP INC COMMON STOCK USD1.0                    | CUSIP: 666762109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97720 | NS      | $5332580.40   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| OP Bancorp                                                  | OP BANCORP COMMON STOCK                                     | CUSIP: 67109R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    170717 | NS      | $1905201.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Oaktree Specialty Lending Corporation                       | OAKTREE SPECIALTY LENDING CORP COMMON STOCK USD.01          | CUSIP: 67401P108<br>LEI: 549300J6MGCEU5928620 | Long             | EC               | CORP              | US        |    873464 | NS      | $6000697.68   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Ohio Valley Banc Corp.                                      | OHIO VALLEY BANC CORP COMMON STOCK USD1.0                   | CUSIP: 677719106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51580 | NS      | $1362743.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                                        | OLD NATIONAL BANCORP/IN COMMON STOCK                        | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    364040 | NS      | $6545439.20   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp Inc.                                     | OLD SECOND BANCORP INC COMMON STOCK USD1.0                  | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |    318549 | NS      | $5109525.96   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Onex Corporation                                            | ONEX CORP COMMON STOCK                                      | CUSIP: 68272K103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    124888 | NS      | $6022110.43   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange County Bancorp Inc.                                  | ORANGE COUNTY BANCORP INC COMMON STOCK USD.5                | CUSIP: 68417L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43740 | NS      | $2037409.20   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| The PNC Financial Services Group Inc.                       | PNC FINANCIAL SERVICES GROUP I COMMON STOCK USD5.0          | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     81094 | NS      | $12807986.36  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp Inc.                                | PACIFIC PREMIER BANCORP INC COMMON STOCK USD.01             | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |    198741 | NS      | $6272265.96   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PacWest Bancorp                                             | PACWEST BANCORP COMMON STOCK                                | CUSIP: 695263103<br>LEI: 549300YI8VMFO7G36V04 | Long             | EC               | CORP              | US        |    181252 | NS      | $4159733.40   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PacWest Bancorp                                             | PACWEST BANCORP PREFERRED STOCK VAR                         | CUSIP: 695263202<br>LEI: 549300YI8VMFO7G36V04 | Long             | EP               | CORP              | US        |    157000 | NS      | $3925000.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurazeo SE                                                  | EURAZEO SE COMMON STOCK                                     | CUSIP: 704239904<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |    102323 | NS      | $6370378.97   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pinnacle Financial Partners Inc.                            | PINNACLE FINANCIAL PARTNERS IN COMMON STOCK USD1.0          | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |    126415 | NS      | $9278861.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                                 | FIRST MERCHANTS CORP PREFERRED STOCK 7.5                    | CUSIP: 320817208<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EP               | CORP              | US        |     50000 | NS      | $1274500.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares Inc.                                   | FIRST MID BANCSHARES INC COMMON STOCK USD4.0                | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76166 | NS      | $2443405.28   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| First Northwest Bancorp                                     | FIRST NORTHWEST BANCORP COMMON STOCK                        | CUSIP: 335834107<br>LEI: 549300YDR3VSTKB9DQ65 | Long             | EC               | CORP              | US        |     68718 | NS      | $1055508.48   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| First Reliance Bancshares Inc.                              | FIRST RELIANCE BANCSHARES INC COMMON STOCK USD.01           | CUSIP: 33615Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    426454 | NS      | $3697356.18   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corporation                                      | 1ST SOURCE CORP COMMON STOCK                                | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121706 | NS      | $6461371.54   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corporation                              | FLUSHING FINANCIAL CORP COMMON STOCK USD.01                 | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77792 | NS      | $1507608.96   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp Inc.                                | GERMAN AMERICAN BANCORP INC COMMON STOCK                    | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |    125538 | NS      | $4682567.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Southern Bancorp Inc.                                 | GREAT SOUTHERN BANCORP INC COMMON STOCK USD.01              | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |     40257 | NS      | $2394888.93   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial Inc.                                          | HBT FINANCIAL INC COMMON STOCK                              | CUSIP: 404111106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211830 | NS      | $4145513.10   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                                 | HANCOCK WHITNEY CORP COMMON STOCK USD3.33                   | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |    235476 | NS      | $11394683.64  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Commerce Corp                                      | HERITAGE COMMERCE CORP COMMON STOCK                         | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    519533 | NS      | $6753929.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp Inc.                                        | HORIZON BANCORP INC/IN COMMON STOCK                         | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |    438980 | NS      | $6619818.40   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated                          | HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01            | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    870915 | NS      | $12279901.50  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| InBankshares Corp                                           | INBANKSHARES CORP COMMON STOCK                              | CUSIP: 45332V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207676 | NS      | $1634410.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                                      | INDEPENDENT BANK CORP COMMON STOCK USD.01                   | CUSIP: 453836108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79360 | NS      | $6700364.80   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corporation                                | INDEPENDENT BANK CORP/MI COMMON STOCK USD1.0                | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163971 | NS      | $3922186.32   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Mortgage Capital Inc.                               | INVESCO MORTGAGE CAPITAL INC REIT                           | CUSIP: 46131B407<br>LEI: PV3BDP2HFZL2FNXQBL39 | Long             | EC               | CORP              | US        |     99000 | NS      | $1948320.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corporation                                 | ARES MANAGEMENT CORP COMMON STOCK                           | CUSIP: 03990B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    166769 | NS      | $11413670.36  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corporation                       | ATLANTIC UNION BANKSHARES CORP COMMON STOCK USD1.33         | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219949 | NS      | $7729007.86   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corporation                       | ATLANTIC UNION BANKSHARES CORP PREFERRED STOCK 6.875        | CUSIP: 04911A206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     57500 | NS      | $1439800.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc.                                      | EAST WEST BANCORP INC COMMON STOCK USD.001                  | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43408 | NS      | $2860587.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank7 Corp.                                                 | BANK7 CORP COMMON STOCK USD.01                              | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116363 | NS      | $2978892.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corporation                                          | BANNER CORP COMMON STOCK USD.01                             | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12091 | NS      | $764151.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bar Harbor Bankshares                                       | BAR HARBOR BANKSHARES COMMON STOCK USD2.0                   | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144017 | NS      | $4614304.68   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                                                 | BAYCOM CORP COMMON STOCK                                    | CUSIP: 07272M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175855 | NS      | $3337727.90   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corporation                                      | BROOKFIELD CORP COMMON STOCK                                | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |    104009 | NS      | $3272123.14   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd.                            | BROOKFIELD ASSET MGMT COMMON STOCK                          | CUSIP: 113004105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     26002 | NS      | $745484.51    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc.                              | BUSINESS FIRST BANCSHARES INC COMMON STOCK USD1.0           | CUSIP: 12326C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184537 | NS      | $4085649.18   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CandF Financial Corporation                                 | CandF FINANCIAL CORP COMMON STOCK USD1.0                    | CUSIP: 12466Q104<br>LEI: 549300VFPAZLNS1R0361 | Long             | EC               | CORP              | US        |     37912 | NS      | $2209132.24   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CB Financial Services Inc.                                  | CB FINANCIAL SERVICES INC COMMON STOCK                      | CUSIP: 12479G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57081 | NS      | $1223245.83   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corporation                                   | CNB FINANCIAL CORP/PA PREFERRED STOCK 7.125                 | CUSIP: 126128206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     60000 | NS      | $1524000.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                                         | CVB FINANCIAL CORP COMMON STOCK                             | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    192862 | NS      | $4966196.50   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| California BanCorp                                          | CALIFORNIA BANCORP INC COMMON STOCK                         | CUSIP: 13005U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121815 | NS      | $2896760.70   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Cambridge Bancorp                                           | CAMBRIDGE BANCORP COMMON STOCK USD1.0                       | CUSIP: 132152109<br>LEI: 549300Q8HL7EWEE0HW14 | Long             | EC               | CORP              | US        |     85031 | NS      | $7062674.86   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corporation                                 | CAMDEN NATIONAL CORP COMMON STOCK                           | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     68551 | NS      | $2857891.19   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.                             | CENTRAL PACIFIC FINANCIAL CORP COMMON STOCK                 | CUSIP: 154760409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    154908 | NS      | $3141534.24   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Valley Community Bancorp                            | CENTRAL VALLEY COMMUNITY BANCO COMMON STOCK                 | CUSIP: 155685100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129878 | NS      | $2750816.04   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Centric Financial Corp                                      | CENTRIC FINANCIAL CORP COMMON STOCK                         | CUSIP: 15641J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    289240 | NS      | $4353062.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc.                               | CITIZENS FINANCIAL GROUP INC COMMON STOCK USD.01            | CUSIP: 174610105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    315661 | NS      | $12427573.57  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Community Bancorp Inc                              | CITIZENS COMMUNITY BANCORP INC COMMON STOCK USD.01          | CUSIP: 174903104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169116 | NS      | $2034465.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares Inc.                                     | CIVISTA BANCSHARES INC COMMON STOCK                         | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |    183001 | NS      | $4027852.01   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corporation                               | COASTAL FINANCIAL CORP/WA COMMON STOCK                      | CUSIP: 19046P209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134013 | NS      | $6368297.76   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Codorus Valley Bancorp Inc.                                 | CODORUS VALLEY BANCORP INC COMMON STOCK USD2.5              | CUSIP: 192025104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99915 | NS      | $2377977.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc.                            | PINNACLE FINANCIAL PARTNERS IN PREFERRED STOCK 6.75         | CUSIP: 72346Q302<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EP               | CORP              | US        |     71825 | NS      | $1842311.25   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Plumas Bancorp                                              | PLUMAS BANCORP COMMON STOCK                                 | CUSIP: 729273102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62876 | NS      | $2329555.80   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Plymouth Industrial REIT Inc.                               | PLYMOUTH INDUSTRIAL REIT INC REIT USD.01                    | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    179294 | NS      | $3438858.92   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bank                                                | EASTERN BANK 00000000 00000.0000000000                      | CUSIP: 73099E009<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1962 | PA      | $1962.10      | 0.00%             | 2023-04-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Popular Inc.                                                | POPULAR INC COMMON STOCK USD.01                             | CUSIP: 733174700<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    142766 | NS      | $9468241.12   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Financial Corp.                                     | PREMIER FINANCIAL CORP COMMON STOCK                         | CUSIP: 74052F108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    376511 | NS      | $10154501.67  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Prime Meridian Holding Company                              | PRIME MERIDIAN HOLDING CO COMMON STOCK                      | CUSIP: 74164R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125087 | NS      | $3102157.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Private Bancorp of America Inc.                             | PRIVATE BANCORP OF AMERICA INC COMMON STOCK                 | CUSIP: 74274F100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118082 | NS      | $3824675.98   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Holdings Inc.                           | PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK USD.01          | CUSIP: 743868101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106084 | NS      | $1460776.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc.                                           | QCR HOLDINGS INC COMMON STOCK USD1.0                        | CUSIP: 74727A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76319 | NS      | $3788475.16   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Red River Bancshares Inc.                                   | RED RIVER BANCSHARES INC COMMON STOCK                       | CUSIP: 75686R202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58027 | NS      | $2962858.62   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc.                                          | REDWOOD TRUST INC SR UNSECURED 144A 06/27 7.75              | CUSIP: 758075AE5<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |   4179000 | PA      | $3536687.70   | 0.56%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corporation                               | REGIONS FINANCIAL CORP COMMON STOCK USD.01                  | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    588524 | NS      | $12688577.44  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corporation                                        | RENASANT CORP COMMON STOCK USD5.0                           | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    146291 | NS      | $5499078.69   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community Corporation                                 | FIRST COMMUNITY CORP/SC COMMON STOCK USD1.0                 | CUSIP: 319835104<br>LEI: 549300TC167ECI9SMC70 | Long             | EC               | CORP              | US        |    132912 | NS      | $2909443.68   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SAVINGS BANK OF PERCAISE 00000000 00000.0000000000    | FIRST SAVINGS BANK OF PERCAISE                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      5138 | PA      | $5138.21      | 0.00%             | 2023-04-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Riverview Bancorp Inc.                                      | RIVERVIEW BANCORP INC COMMON STOCK USD.01                   | CUSIP: 769397100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290261 | NS      | $2229204.48   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SB Financial Group Inc.                                     | SB FINANCIAL GROUP INC COMMON STOCK                         | CUSIP: 78408D105<br>LEI: 54930028E6P8OT8CTV58 | Long             | EC               | CORP              | US        |    260087 | NS      | $4359058.12   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                                    | FIRST FINANCIAL BANCORP COMMON STOCK                        | CUSIP: 320209109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    365772 | NS      | $8862655.56   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem Inc.                            | FIRST INTERSTATE BANCSYSTEM IN COMMON STOCK                 | CUSIP: 32055Y201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175848 | NS      | $6796525.20   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares Inc.                                       | SHORE BANCSHARES INC COMMON STOCK USD.01                    | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    209035 | NS      | $3643480.05   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                                              | SIERRA BANCORP COMMON STOCK                                 | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163038 | NS      | $3462927.12   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Specialty Lending Inc.                         | SIXTH STREET SPECIALTY LENDING COMMON STOCK USD.01          | CUSIP: 83012A109<br>LEI: 549300TX61566GJWCN05 | Long             | EC               | CORP              | US        |    219531 | NS      | $3907651.80   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Sotherly Hotels Inc.                                        | SOTHERLY HOTELS INC PUBLIC                                  | CUSIP: 83600C301<br>LEI: 549300IYTT21F61LSR10 | Long             | EC               | CORP              | US        |     50424 | NS      | $1059912.48   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Sotherly Hotels Inc.                                        | SOTHERLY HOTELS INC PREFERRED STOCK 8.25                    | CUSIP: 83600C509<br>LEI: 549300IYTT21F61LSR10 | Long             | EP               | CORP              | US        |     67358 | NS      | $1411823.68   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| South Atlantic Bancshares Inc.                              | SOUTH ATLANTIC BANCSHARES INC COMMON STOCK                  | CUSIP: 83636T104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    289568 | NS      | $3938124.80   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                                 | FIRST MERCHANTS CORP COMMON STOCK                           | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    153928 | NS      | $6327980.08   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPINE BANKS OF COLORADO                                    | ALPINE BANKS OF COLORADO                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    175439 | NS      | $5645590.53   | 0.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wesbanco Inc.                                               | WESBANCO INC PREFERRED STOCK VAR                            | CUSIP: 950810705<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     50000 | NS      | $1256000.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Westbury Bancorp Inc.                                       | WESTBURY BANCORP INC COMMON STOCK USD.01                    | CUSIP: 95727P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    137138 | NS      | $3752095.68   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BREMER FINL B BREMER FINL B                                 | BREMER FINL B BREMER FINL B                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     41667 | NS      | $5139313.78   | 0.81%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Zions Bancorporation National Association                   | ZIONS BANCORP NA COMMON STOCK USD.001                       | CUSIP: 989701107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253711 | NS      | $12472432.76  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                                       | ASSURED GUARANTY LTD COMMON STOCK USD.01                    | CUSIP: G0585R106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     92812 | NS      | $5778475.12   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidbank Holdings Inc.                                      | AVIDBANK HOLDINGS INC COMMON STOCK                          | CUSIP: 05368J103<br>LEI: 54930029UJ8M0B84EE44 | Long             | EC               | CORP              | US        |    200000 | NS      | $4140000.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas                                                 | BNP PARIBAS BNP PARIBAS                                     | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2903000 | PA      | $2866712.50   | 0.45%             | 2029-08-16      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                 | BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR                  | CUSIP: 05565AS20<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    832000 | PA      | $867399.94    | 0.14%             | 2027-11-17      | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                 | BANK OF AMERICA CORP COMMON STOCK USD.01                    | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    371201 | NS      | $12294177.12  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Bancorp Inc.                                     | ENTERPRISE BANCORP INC/MA COMMON STOCK USD.01               | CUSIP: 293668109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9519 | NS      | $336020.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Bancshares Inc.                                      | EQUITY BANCSHARES INC COMMON STOCK USD.01                   | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |    148933 | NS      | $4865641.11   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSA Bancorp Inc.                                           | ESSA BANCORP INC COMMON STOCK USD.01                        | CUSIP: 29667D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94578 | NS      | $1973842.86   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Evans Bancorp Inc.                                          | EVANS BANCORP INC COMMON STOCK USD.5                        | CUSIP: 29911Q208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69760 | NS      | $2608326.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers and Merchants Bancorp Inc.                          | FARMERS and MERCHANTS BANCORP IN COMMON STOCK               | CUSIP: 30779N105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114822 | NS      | $3120861.96   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers National Banc Corp.                                 | FARMERS NATIONAL BANC CORP COMMON STOCK                     | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    162398 | NS      | $2293059.76   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                         | FIFTH THIRD BANCORP COMMON STOCK                            | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    384950 | NS      | $12630209.50  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| The First Bancorp Inc.                                      | FIRST BANCORP INC/ME COMMON STOCK USD.01                    | CUSIP: 31866P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    245664 | NS      | $7355180.16   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| The First Bancshares Inc.                                   | FIRST BANCSHARES INC/THE COMMON STOCK USD1.0                | CUSIP: 318916103<br>LEI: 5493006DL5RXJODMAF36 | Long             | EC               | CORP              | US        |    197940 | NS      | $6336059.40   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.                      | FIRST BUSINESS FINANCIAL SERVI COMMON STOCK USD.01          | CUSIP: 319390100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91858 | NS      | $3357409.90   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSINESS FINANCIAL SUBORDINATED 144A 12/99 VAR        | FIRST BUSINESS FINANCIAL SUBORDINATED 144A 12/99 VAR        | CUSIP: 319390209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      4000 | NS      | $3574532.80   | 0.57%             |  |  |  | No            |                  3 | On Loan: No      |
| SouthState Corporation                                      | SOUTH STATE CORP COMMON STOCK USD2.5                        | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     92643 | NS      | $7074219.48   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern California Bancorp                                 | SOUTHERN CALIFORNIA BANCORP COMMON STOCK USD.01             | CUSIP: 84252A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    264614 | NS      | $4453427.16   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern First Bancshares Inc.                              | SOUTHERN FIRST BANCSHARES INC COMMON STOCK USD.01           | CUSIP: 842873101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131586 | NS      | $6020059.50   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| JH COLLATERAL                                               | JH COLLATERAL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    125400 | NS      | $1253475.32   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp Inc.                                     | CONNECTONE BANCORP INC COMMON STOCK                         | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     85763 | NS      | $2076322.23   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc.                                   | CULLEN/FROST BANKERS INC COMMON STOCK USD.01                | CUSIP: 229899109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88344 | NS      | $11811592.80  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                                 | DISCOVER FINANCIAL SERVICES COMMON STOCK USD.01             | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     57696 | NS      | $5644399.68   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Montana Inc.                                  | EAGLE BANCORP MONTANA INC COMMON STOCK USD.01               | CUSIP: 26942G100<br>LEI: 549300P2SVRIY3YU1412 | Long             | EC               | CORP              | US        |    127715 | NS      | $2063874.40   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase and Co.                                      | JPMORGAN CHASE and CO COMMON STOCK USD1.0                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     92973 | NS      | $12467679.30  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR and CO. INC.                                            | KKR and CO INC COMMON STOCK                                 | CUSIP: 48251W104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    240867 | NS      | $11181046.14  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                     | KEYCORP COMMON STOCK USD1.0                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    654072 | NS      | $11393934.24  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Landmark Bancorp Inc.                                       | LANDMARK BANCORP INC/MANHATTAN COMMON STOCK USD.01          | CUSIP: 51504L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61696 | NS      | $1396180.48   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corporation                                     | LENDINGCLUB CORP COMMON STOCK USD.01                        | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |    223205 | NS      | $1964204.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corporation                                | LINCOLN NATIONAL CORP JR SUBORDINA 12/99 VAR                | CUSIP: 534187BR9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   4239000 | PA      | $4503937.50   | 0.71%             | 2027-12-01      | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Live Oak Bancshares Inc.                                    | LIVE OAK BANCSHARES INC COMMON STOCK NPV                    | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111305 | NS      | $3361411.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MandT Bank Corporation                                      | MandT BANK CORP COMMON STOCK USD.5                          | CUSIP: 55261F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81151 | NS      | $11771764.06  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Machias Savings Bank                                        | MACHIAL SAVINGS BANK SHORT TERM                             | CUSIP: 55499Z9Y2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2019 | PA      | $2019.01      | 0.00%             | 2023-05-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Milford Federal Bank                                        | MILFORD FEDERAL SAVINGS + LOAN 00000000 00000.0000000000    | CUSIP: 56099E004<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1933 | PA      | $1932.92      | 0.00%             | 2023-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MetroCity Bankshares Inc.                                   | METROCITY BANKSHARES INC COMMON STOCK                       | CUSIP: 59165J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65263 | NS      | $1411638.69   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc.                              | SOUTHERN MISSOURI BANCORP INC COMMON STOCK USD.01           | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105980 | NS      | $4857063.40   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc.                                    | STOCK YARDS BANCORP INC COMMON STOCK                        | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |     80738 | NS      | $5246355.24   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunshine Bancorp Inc.                                       | SUNSHINE FEDERAL SAVINGS 00000000 00000.0000000000          | CUSIP: 86799Q9R9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2087 | PA      | $2086.89      | 0.00%             | 2023-05-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp.                                     | SYNOVUS FINANCIAL CORP COMMON STOCK USD1.0                  | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    230856 | NS      | $8668642.80   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp                                       | BANK OF MARIN BANCORP COMMON STOCK                          | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    167891 | NS      | $5520256.08   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Tectonic Financial Inc.                                     | TECTONIC FINANCIAL INC PREFERRED STOCK VAR                  | CUSIP: 87217L208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    186840 | NS      | $1924452.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp Inc.                                     | TIMBERLAND BANCORP INC/WA COMMON STOCK USD.01               | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113266 | NS      | $3865768.58   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                            | TRICO BANCSHARES COMMON STOCK                               | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    204465 | NS      | $10425670.35  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                                | TRUIST FINANCIAL CORP COMMON STOCK USD5.0                   | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    228439 | NS      | $9829730.17   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                                | US BANCORP COMMON STOCK USD.01                              | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    241185 | NS      | $10518077.85  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| IRS USD P 1.08 20200304-20300304                            | IRS USD P 1.08 20200304-20300304                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  25000000 | PA      | $4394177.50   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.14 20200303-20300303                            | IRS USD P 1.14 20200303-20300303                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  25000000 | PA      | $4301312.50   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 1.22 20200302-20300302                            | IRS USD P 1.22 20200302-20300302                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  15000000 | PA      | $2502838.50   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer