N-CSRS 1 f12671d1.htm N-CSRS N-CSRS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-02402

John Hancock Sovereign Bond Fund (Exact name of registrant as specified in charter)

200 Berkeley Street, Boston, Massachusetts 02116 (Address of principal executive offices) (Zip code)

Salvatore Schiavone

Treasurer

200 Berkeley Street

Boston, Massachusetts 02116

(Name and address of agent for service)

Registrant's telephone number, including area code: 617-543-9634

Date of fiscal year end:

May 31

Date of reporting period:

November 30, 2022

 


ITEM 1. REPORT TO STOCKHOLDERS


Semiannual report
John Hancock
Bond Fund
Fixed income
November 30, 2022

A message to shareholders
Dear shareholder,
U.S. bonds declined during the six months ended November 30, 2022, as bond yields rose to their highest levels in more than a decade. The catalyst was surging inflation, driven largely by rising food and energy prices. The U.S. Federal Reserve continued its inflation-fighting campaign by raising short-term interest rates four times during the period, boosting the federal funds rate target to its highest level since January 2008.
In this environment, bond yields moved broadly higher, with the 10-year U.S. Treasury bond yield cresting above 4% for the first time since 2008. In terms of sector performance, residential mortgage-backed securities and investment-grade corporate bonds declined the most, while high-yield corporate bonds and asset-backed securities held up the best.
In these uncertain times, your financial professional can assist with positioning your portfolio so that it’s sufficiently diversified to help meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I’d like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you’ve placed in us.
Sincerely,
Andrew G. Arnott
Global Head of Retail,
Manulife Investment Management
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO’s views as of this report’s period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.


Your fund at a glance
INVESTMENT OBJECTIVE

The fund seeks a high level of current income consistent with prudent investment risk.
AVERAGE ANNUAL TOTAL RETURNS AS OF 11/30/2022 (%)

The Bloomberg U.S. Aggregate Bond Index tracks the performance of U.S. investment-grade bonds in government, asset-backed, and corporate debt markets.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
The fund’s Morningstar category average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on their historical portfolio holdings. Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund’s objectives, risks, and strategy, see the fund’s prospectus.
2 JOHN HANCOCK BOND FUND  | SEMIANNUAL REPORT  

Portfolio summary
PORTFOLIO COMPOSITION AS OF 11/30/2022 (% of net assets)

QUALITY COMPOSITION AS OF 11/30/2022 (% of net assets)

Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 11-30-22 and do not reflect subsequent downgrades or upgrades, if any.
Notes about risk
The fund is subject to various risks as described in the fund’s prospectus. Political tensions and armed conflicts, including the Russian invasion of Ukraine, and any resulting economic sanctions on entities and/or individuals of a particular country could lead such a country into an economic recession. The COVID-19 disease has resulted in significant disruptions to global business activity. A widespread health crisis such as a global pandemic could cause substantial market volatility, exchange-trading suspensions, and closures, which may lead to less liquidity in certain instruments, industries, sectors, or the markets, generally, and may ultimately affect fund performance. For more information, please refer to the “Principal risks” section of the prospectus.
  SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 3

Your expenses
These examples are intended to help you understand your ongoing operating expenses of investing in the fund so you can compare these costs with the ongoing costs of investing in other mutual funds.
Understanding fund expenses
As a shareholder of the fund, you incur two types of costs:
Transaction costs, which include sales charges (loads) on purchases or redemptions (varies by share class), minimum account fee charge, etc.
Ongoing operating expenses, including management fees, distribution and service fees (if applicable), and other fund expenses.
We are presenting only your ongoing operating expenses here.
Actual expenses/actual returns
The first line of each share class in the table on the following page is intended to provide information about the fund’s actual ongoing operating expenses, and is based on the fund’s actual return. It assumes an account value of $1,000.00 on June 1, 2022, with the same investment held until November 30, 2022.
Together with the value of your account, you may use this information to estimate the operating expenses that you paid over the period. Simply divide your account value at November 30, 2022, by $1,000.00, then multiply it by the “expenses paid” for your share class from the table. For example, for an account value of $8,600.00, the operating expenses should be calculated as follows:
Hypothetical example for comparison purposes
The second line of each share class in the table on the following page allows you to compare the fund’s ongoing operating expenses with those of any other fund. It provides an example of the fund’s hypothetical account values and hypothetical expenses based on each class’s actual expense ratio and an assumed 5% annualized return before expenses (which is not the class’s actual return). It assumes an account value of $1,000.00 on June 1, 2022, with the same investment held until November 30, 2022. Look in any other fund shareholder report to find its hypothetical example and you will be able to compare these expenses. Please remember that these hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period.
4 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT  

Remember, these examples do not include any transaction costs, therefore, these examples will not help you to determine the relative total costs of owning different funds. If transaction costs were included, your expenses would have been higher. See the prospectuses for details regarding transaction costs.
SHAREHOLDER EXPENSE EXAMPLE CHART

    Account
value on
6-1-2022
Ending
value on
11-30-2022
Expenses
paid during
period ended
11-30-20221
Annualized
expense
ratio
Class A Actual expenses/actual returns $1,000.00 $953.00 $3.77 0.77%
  Hypothetical example 1,000.00 1,021.20 3.90 0.77%
Class C Actual expenses/actual returns 1,000.00 949.60 7.18 1.47%
  Hypothetical example 1,000.00 1,017.70 7.44 1.47%
Class I Actual expenses/actual returns 1,000.00 953.80 2.30 0.47%
  Hypothetical example 1,000.00 1,022.70 2.38 0.47%
Class R2 Actual expenses/actual returns 1,000.00 952.70 4.16 0.85%
  Hypothetical example 1,000.00 1,020.80 4.31 0.85%
Class R4 Actual expenses/actual returns 1,000.00 953.20 2.94 0.60%
  Hypothetical example 1,000.00 1,022.10 3.04 0.60%
Class R6 Actual expenses/actual returns 1,000.00 955.10 1.76 0.36%
  Hypothetical example 1,000.00 1,023.30 1.83 0.36%
Class NAV Actual expenses/actual returns 1,000.00 954.40 1.71 0.35%
  Hypothetical example 1,000.00 1,023.30 1.78 0.35%
    
1 Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 183/365 (to reflect the one-half year period).
  SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 5

Fund’s investments
AS OF 11-30-22 (unaudited)
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 37.8%       $7,587,210,683
(Cost $7,884,073,748)          
U.S. Government 15.7%       3,141,858,771
U.S. Treasury          
Bond 2.500 02-15-45   46,172,000 35,597,530
Bond 3.000 08-15-52   1,954,501,000 1,673,541,448
Bond 3.375 08-15-42   483,509,000 442,335,187
Bond 4.000 11-15-42   477,346,000 479,583,559
Note 4.125 11-15-32   491,598,000 510,801,047
U.S. Government Agency 22.1%       4,445,351,912
Federal Home Loan Mortgage Corp.          
15 Yr Pass Thru (A) 4.500 11-01-37   21,000,099 20,944,172
30 Yr Pass Thru 2.000 09-01-50   128,229,872 106,605,840
30 Yr Pass Thru 2.000 03-01-52   67,513,411 55,832,923
30 Yr Pass Thru 2.500 09-01-50   28,686,641 24,816,678
30 Yr Pass Thru 2.500 10-01-50   133,236,027 115,470,042
30 Yr Pass Thru 2.500 08-01-51   65,715,900 56,747,835
30 Yr Pass Thru 2.500 11-01-51   48,956,872 42,191,718
30 Yr Pass Thru 2.500 12-01-51   16,136,388 13,830,926
30 Yr Pass Thru 3.000 03-01-43   3,437,699 3,157,739
30 Yr Pass Thru 3.000 12-01-45   11,877,822 10,836,276
30 Yr Pass Thru 3.000 05-01-46   2,030,088 1,847,633
30 Yr Pass Thru 3.000 10-01-46   4,797,255 4,360,101
30 Yr Pass Thru 3.000 10-01-46   3,647,175 3,314,823
30 Yr Pass Thru 3.000 10-01-46   6,510,761 5,917,463
30 Yr Pass Thru 3.000 10-01-46   48,793,089 44,407,771
30 Yr Pass Thru 3.000 12-01-46   36,606,798 33,270,974
30 Yr Pass Thru 3.000 12-01-46   8,686,663 7,895,084
30 Yr Pass Thru 3.000 04-01-47   24,317,090 22,078,379
30 Yr Pass Thru 3.000 09-01-49   12,795,910 11,493,028
30 Yr Pass Thru 3.000 10-01-49   15,888,790 14,305,747
30 Yr Pass Thru 3.000 12-01-49   14,799,285 13,278,544
30 Yr Pass Thru 3.000 01-01-50   13,121,725 11,806,171
30 Yr Pass Thru 3.000 02-01-50   8,287,336 7,456,467
30 Yr Pass Thru 3.000 06-01-51   80,618,933 72,221,350
30 Yr Pass Thru 3.500 06-01-42   2,486,489 2,338,342
30 Yr Pass Thru 3.500 04-01-44   3,694,026 3,495,081
30 Yr Pass Thru 3.500 05-01-45   5,787,234 5,455,663
30 Yr Pass Thru 3.500 08-01-46   35,597,614 33,580,350
30 Yr Pass Thru 3.500 09-01-46   7,393,757 6,949,348
30 Yr Pass Thru 3.500 10-01-46   1,500,667 1,416,095
30 Yr Pass Thru 3.500 10-01-46   13,760,328 12,894,549
30 Yr Pass Thru 3.500 11-01-46   4,399,523 4,135,085
6 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 11-01-46   4,750,169 $4,469,109
30 Yr Pass Thru 3.500 12-01-46   6,232,487 5,867,616
30 Yr Pass Thru 3.500 01-01-47   4,279,111 4,032,608
30 Yr Pass Thru 3.500 02-01-47   6,030,526 5,686,900
30 Yr Pass Thru 3.500 04-01-47   7,841,844 7,392,558
30 Yr Pass Thru 3.500 09-01-47   20,523,554 19,283,552
30 Yr Pass Thru 3.500 03-01-52   27,799,099 25,658,888
30 Yr Pass Thru 4.000 01-01-41   5,724,707 5,540,775
30 Yr Pass Thru 4.000 03-01-42   2,954,994 2,858,199
30 Yr Pass Thru 4.000 11-01-43   2,380,031 2,321,061
30 Yr Pass Thru 4.000 01-01-47   5,968,604 5,830,046
30 Yr Pass Thru 4.000 03-01-47   17,212,677 16,694,757
30 Yr Pass Thru 4.000 04-01-47   6,998,350 6,791,710
30 Yr Pass Thru 4.000 05-01-47   5,891,462 5,717,505
30 Yr Pass Thru 4.000 10-01-47   8,657,980 8,380,690
30 Yr Pass Thru 4.000 03-01-48   2,336,617 2,253,349
30 Yr Pass Thru 4.000 07-01-48   17,940,895 17,412,276
30 Yr Pass Thru 4.000 08-01-48   8,460,758 8,179,738
30 Yr Pass Thru 4.000 05-01-52   2,820,812 2,696,840
30 Yr Pass Thru 4.500 07-01-52   22,618,908 22,143,683
30 Yr Pass Thru 4.500 08-01-52   13,895,660 13,599,368
30 Yr Pass Thru 4.500 08-01-52   68,270,160 66,942,469
30 Yr Pass Thru 4.500 08-01-52   55,938,213 54,850,349
30 Yr Pass Thru 4.500 09-01-52   34,131,022 33,342,998
30 Yr Pass Thru 4.500 09-01-52   38,246,440 37,550,446
30 Yr Pass Thru 4.500 10-01-52   43,293,304 42,569,734
30 Yr Pass Thru 4.500 10-01-52   1,000,000 974,224
30 Yr Pass Thru 5.000 08-01-52   43,904,595 44,238,744
30 Yr Pass Thru 5.000 10-01-52   177,419 172,077
30 Yr Pass Thru 5.000 10-01-52   54,798,534 55,061,474
30 Yr Pass Thru 5.500 11-01-39   2,196,366 2,285,821
30 Yr Pass Thru (A) 5.500 09-01-52   46,567,083 47,686,271
30 Yr Pass Thru (A) 5.500 11-01-52   48,361,833 49,134,239
Federal National Mortgage Association          
15 Yr Pass Thru (A) 4.500 TBA   141,632,000 141,217,018
15 Yr Pass Thru (A) 4.500 11-01-37   39,704,006 39,623,081
15 Yr Pass Thru 4.500 11-01-37   368,999 368,016
30 Yr Pass Thru 2.000 09-01-50   20,364,637 16,930,448
30 Yr Pass Thru 2.500 08-01-50   27,519,361 23,832,669
30 Yr Pass Thru 2.500 08-01-50   30,918,094 26,795,407
30 Yr Pass Thru 2.500 09-01-50   124,301,060 107,726,483
30 Yr Pass Thru 2.500 09-01-50   12,601,258 10,936,730
30 Yr Pass Thru 2.500 09-01-50   66,960,169 57,989,703
30 Yr Pass Thru 2.500 08-01-51   5,642,317 4,863,510
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 7

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 2.500 08-01-51   44,805,081 $38,620,649
30 Yr Pass Thru 2.500 10-01-51   22,895,157 19,727,790
30 Yr Pass Thru 2.500 11-01-51   49,084,146 42,447,125
30 Yr Pass Thru 2.500 11-01-51   46,798,823 40,171,010
30 Yr Pass Thru 2.500 01-01-52   54,404,433 46,767,493
30 Yr Pass Thru 2.500 02-01-52   136,532,980 117,367,368
30 Yr Pass Thru 2.500 03-01-52   1,126,839 967,957
30 Yr Pass Thru 3.000 07-01-42   2,009,796 1,826,027
30 Yr Pass Thru 3.000 10-01-42   3,268,059 2,961,762
30 Yr Pass Thru 3.000 10-01-42   1,885,685 1,707,368
30 Yr Pass Thru 3.000 04-01-43   1,556,221 1,427,189
30 Yr Pass Thru 3.000 12-01-45   16,231,049 14,793,970
30 Yr Pass Thru 3.000 08-01-46   24,329,003 22,091,308
30 Yr Pass Thru 3.000 08-01-46   18,682,693 16,987,680
30 Yr Pass Thru 3.000 09-01-46   2,361,524 2,144,320
30 Yr Pass Thru 3.000 10-01-46   1,793,140 1,628,214
30 Yr Pass Thru 3.000 10-01-46   13,792,001 12,523,462
30 Yr Pass Thru 3.000 01-01-47   17,085,228 15,497,773
30 Yr Pass Thru 3.000 02-01-47   9,905,698 8,994,608
30 Yr Pass Thru 3.000 10-01-47   20,617,347 18,721,038
30 Yr Pass Thru 3.000 11-01-47   21,646,358 19,655,404
30 Yr Pass Thru 3.000 11-01-48   37,533,858 34,081,629
30 Yr Pass Thru 3.000 11-01-48   12,875,296 11,723,261
30 Yr Pass Thru 3.000 09-01-49   17,227,914 15,473,765
30 Yr Pass Thru 3.000 09-01-49   31,443,004 28,015,474
30 Yr Pass Thru 3.000 10-01-49   7,745,696 6,949,766
30 Yr Pass Thru 3.000 10-01-49   32,980,461 29,735,755
30 Yr Pass Thru 3.000 11-01-49   21,822,631 19,430,157
30 Yr Pass Thru 3.000 11-01-49   21,804,228 19,631,813
30 Yr Pass Thru 3.000 11-01-49   17,003,806 15,272,475
30 Yr Pass Thru 3.000 11-01-49   18,607,848 16,695,749
30 Yr Pass Thru 3.000 12-01-49   19,815,504 17,797,886
30 Yr Pass Thru 3.000 01-01-50   17,574,222 15,773,828
30 Yr Pass Thru 3.000 01-01-52   41,792,228 37,269,205
30 Yr Pass Thru 3.000 02-01-52   17,819,279 15,854,566
30 Yr Pass Thru 3.000 02-01-52   38,893,011 34,556,141
30 Yr Pass Thru (6 month LIBOR + 2.122%) (B) 3.372 07-01-33   287 290
30 Yr Pass Thru 3.500 11-01-40   977,875 919,916
30 Yr Pass Thru 3.500 06-01-42   1,022,125 958,879
30 Yr Pass Thru 3.500 08-01-42   2,235,289 2,098,164
30 Yr Pass Thru 3.500 06-01-43   9,436,217 8,905,096
30 Yr Pass Thru 3.500 07-01-43   2,846,364 2,686,155
30 Yr Pass Thru 3.500 07-01-43   2,942,291 2,776,683
8 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 01-01-45   1,911,013 $1,806,437
30 Yr Pass Thru 3.500 04-01-45   6,124,903 5,768,676
30 Yr Pass Thru 3.500 04-01-45   1,583,552 1,491,452
30 Yr Pass Thru 3.500 04-01-45   7,271,173 6,848,279
30 Yr Pass Thru 3.500 01-01-46   17,419,708 16,444,676
30 Yr Pass Thru 3.500 02-01-46   11,099,798 10,447,292
30 Yr Pass Thru 3.500 07-01-46   7,342,053 6,887,503
30 Yr Pass Thru 3.500 07-01-46   3,941,398 3,703,543
30 Yr Pass Thru 3.500 08-01-46   18,788,348 17,660,382
30 Yr Pass Thru 3.500 02-01-47   21,238,973 19,957,246
30 Yr Pass Thru 3.500 03-01-47   24,327,089 22,904,613
30 Yr Pass Thru 3.500 05-01-47   14,858,777 14,008,515
30 Yr Pass Thru 3.500 07-01-47   27,924,453 26,291,629
30 Yr Pass Thru 3.500 08-01-47   19,077,343 17,955,873
30 Yr Pass Thru 3.500 11-01-47   23,201,922 21,765,481
30 Yr Pass Thru 3.500 12-01-47   11,173,860 10,464,623
30 Yr Pass Thru 3.500 01-01-48   17,928,882 16,790,884
30 Yr Pass Thru 3.500 03-01-48   4,572,798 4,299,697
30 Yr Pass Thru 3.500 03-01-48   9,949,791 9,277,828
30 Yr Pass Thru 3.500 03-01-49   2,892,261 2,708,681
30 Yr Pass Thru 3.500 06-01-49   18,123,963 16,929,688
30 Yr Pass Thru 3.500 06-01-49   54,614,250 51,062,391
30 Yr Pass Thru 3.500 09-01-49   5,329,649 4,950,139
30 Yr Pass Thru 3.500 12-01-49   24,527,289 22,765,438
30 Yr Pass Thru 3.500 02-01-50   26,523,305 24,601,498
30 Yr Pass Thru 3.500 02-01-52   26,189,562 24,422,884
30 Yr Pass Thru 3.500 02-01-52   36,217,751 33,259,630
30 Yr Pass Thru 3.500 04-01-52   34,429,635 31,725,153
30 Yr Pass Thru 3.500 04-01-52   23,071,189 21,258,924
30 Yr Pass Thru 4.000 09-01-40   2,648,156 2,560,907
30 Yr Pass Thru 4.000 09-01-40   3,734,988 3,612,271
30 Yr Pass Thru 4.000 11-01-40   1,266,454 1,224,805
30 Yr Pass Thru 4.000 12-01-40   1,547,411 1,496,440
30 Yr Pass Thru 4.000 01-01-41   2,487,815 2,405,477
30 Yr Pass Thru 4.000 09-01-41   3,251,417 3,141,658
30 Yr Pass Thru 4.000 09-01-41   1,448,491 1,400,245
30 Yr Pass Thru 4.000 10-01-41   1,053,077 1,017,525
30 Yr Pass Thru 4.000 01-01-42   1,563,136 1,510,771
30 Yr Pass Thru 4.000 05-01-42   2,092,648 2,021,326
30 Yr Pass Thru 4.000 09-01-43   4,240,999 4,161,298
30 Yr Pass Thru 4.000 10-01-43   4,109,506 4,028,424
30 Yr Pass Thru 4.000 10-01-43   1,468,401 1,436,675
30 Yr Pass Thru 4.000 01-01-44   3,053,005 2,992,768
30 Yr Pass Thru 4.000 12-01-45   7,698,659 7,501,051
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 9

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 4.000 02-01-46   3,777,611 $3,661,760
30 Yr Pass Thru 4.000 04-01-46   4,782,814 4,631,651
30 Yr Pass Thru 4.000 06-01-46   2,973,647 2,879,664
30 Yr Pass Thru 4.000 07-01-46   5,441,025 5,269,059
30 Yr Pass Thru 4.000 10-01-46   1,822,025 1,762,731
30 Yr Pass Thru 4.000 01-01-47   7,012,775 6,811,734
30 Yr Pass Thru 4.000 03-01-47   7,837,856 7,595,036
30 Yr Pass Thru 4.000 04-01-47   8,430,129 8,184,239
30 Yr Pass Thru 4.000 11-01-47   2,308,841 2,225,588
30 Yr Pass Thru 4.000 12-01-47   5,444,477 5,280,909
30 Yr Pass Thru 4.000 12-01-47   2,922,871 2,819,532
30 Yr Pass Thru 4.000 09-01-48   2,596,122 2,510,014
30 Yr Pass Thru 4.000 10-01-48   7,506,302 7,245,606
30 Yr Pass Thru 4.000 10-01-48   9,346,475 9,048,155
30 Yr Pass Thru 4.000 01-01-49   6,420,126 6,165,052
30 Yr Pass Thru 4.000 01-01-49   5,055,950 4,840,855
30 Yr Pass Thru 4.000 02-01-49   6,143,014 5,897,030
30 Yr Pass Thru 4.000 07-01-49   11,163,702 10,762,027
30 Yr Pass Thru 4.000 07-01-49   16,183,262 15,600,982
30 Yr Pass Thru 4.000 08-01-49   31,471,993 30,349,453
30 Yr Pass Thru 4.000 02-01-50   24,873,961 23,854,616
30 Yr Pass Thru 4.000 03-01-51   102,150,708 98,156,064
30 Yr Pass Thru 4.000 08-01-51   55,558,436 53,559,421
30 Yr Pass Thru 4.000 10-01-51   113,124,186 108,285,039
30 Yr Pass Thru 4.000 04-01-52   10,607,838 10,105,997
30 Yr Pass Thru 4.000 06-01-52   2,965,448 2,835,583
30 Yr Pass Thru 4.000 07-01-52   39,104,616 37,230,195
30 Yr Pass Thru 4.500 06-01-52   42,797,722 41,965,409
30 Yr Pass Thru 4.500 06-01-52   97,812,370 95,757,322
30 Yr Pass Thru 4.500 07-01-52   79,626,087 77,953,135
30 Yr Pass Thru 4.500 08-01-52   48,271,179 47,060,895
30 Yr Pass Thru 4.500 08-01-52   10,713,157 10,484,724
30 Yr Pass Thru 4.500 08-01-52   78,719,200 76,745,505
30 Yr Pass Thru 4.500 09-01-52   65,882,502 64,781,394
30 Yr Pass Thru 4.500 10-01-52   16,816,682 16,535,621
30 Yr Pass Thru (A) 5.000 TBA   6,999,950 6,977,251
30 Yr Pass Thru 5.000 10-01-52   46,136,334 46,256,787
30 Yr Pass Thru 5.000 10-01-52   45,246,966 45,110,583
30 Yr Pass Thru (A) 5.500 TBA   217,856,000 220,340,909
30 Yr Pass Thru (A) 5.500 10-01-52   49,449,880 50,545,635
30 Yr Pass Thru (A) 5.500 12-01-52   41,403,186 42,398,266
30 Yr Pass Thru 7.000 09-01-31   103 110
30 Yr Pass Thru 7.000 09-01-31   84 89
30 Yr Pass Thru 7.000 09-01-31   1,280 1,360
10 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 7.000 01-01-32   50 $53
30 Yr Pass Thru 7.000 06-01-32   21 22
30 Yr Pass Thru 7.500 09-01-29   29 30
30 Yr Pass Thru 7.500 12-01-29   34 36
30 Yr Pass Thru 7.500 01-01-31   14 15
30 Yr Pass Thru 7.500 05-01-31   100 106
30 Yr Pass Thru 7.500 08-01-31   34 35
Government National Mortgage Association          
30 Yr Pass Thru 5.000 04-15-35   1,711 1,716
30 Yr Pass Thru 5.000 04-15-35   864 865
30 Yr Pass Thru 5.500 03-15-35   892 918
30 Yr Pass Thru 6.000 03-15-33   1,528 1,583
30 Yr Pass Thru 6.000 06-15-33   466 481
30 Yr Pass Thru 6.500 09-15-28   69 70
30 Yr Pass Thru 6.500 09-15-29   77 79
30 Yr Pass Thru 6.500 08-15-31   99 103
30 Yr Pass Thru 7.000 04-15-29   409 423
30 Yr Pass Thru 8.000 10-15-26   184 190
Foreign government obligations 0.1%       $29,694,012
(Cost $36,949,994)          
Argentina 0.0%         11,797,775
Republic of Argentina
Bond (3.500% to 7-9-29, then 4.875% thereafter)
3.500 07-09-41   43,522,000 11,797,775
Qatar 0.1%         17,896,237
State of Qatar
Bond (C)
5.103 04-23-48   17,804,000 17,896,237
Corporate bonds 43.6%     $8,755,038,927
(Cost $10,007,628,163)          
Communication services 4.3%     861,736,768
Diversified telecommunication services 1.1%      
AT&T, Inc. 3.500 06-01-41   36,461,000 27,859,168
AT&T, Inc. 3.650 06-01-51   44,604,000 32,666,984
C&W Senior Financing DAC (C) 6.875 09-15-27   18,344,000 16,338,726
Connect Finco SARL (C) 6.750 10-01-26   22,977,000 21,713,265
GCI LLC (C) 4.750 10-15-28   12,612,000 10,805,079
Kenbourne Invest SA (C) 4.700 01-22-28   2,933,000 2,126,530
Kenbourne Invest SA (C) 6.875 11-26-24   5,127,000 4,742,475
Level 3 Financing, Inc. (C) 3.400 03-01-27   25,465,000 21,726,434
Switch, Ltd. (C) 3.750 09-15-28   5,023,000 5,063,700
Telefonica Emisiones SA 5.213 03-08-47   36,118,000 29,511,705
Telesat Canada (C) 5.625 12-06-26   8,065,000 3,803,753
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 11

  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Diversified telecommunication services (continued)      
Total Play Telecomunicaciones SA de CV (C) 6.375 09-20-28   17,481,000 $12,498,915
Total Play Telecomunicaciones SA de CV (C) 7.500 11-12-25   34,312,000 29,208,090
Entertainment 0.9%      
Lions Gate Capital Holdings LLC (C) 5.500 04-15-29   19,619,000 12,752,350
Live Nation Entertainment, Inc. (C) 4.750 10-15-27   7,935,000 7,161,258
Netflix, Inc. 4.875 04-15-28   40,575,000 39,417,395
Netflix, Inc. (C) 4.875 06-15-30   18,644,000 17,610,098
Netflix, Inc. (C) 5.375 11-15-29   6,259,000 6,143,265
Netflix, Inc. 5.875 11-15-28   32,460,000 32,791,417
Take-Two Interactive Software, Inc. 3.550 04-14-25   13,692,000 13,203,195
Warnermedia Holdings, Inc. (C) 5.050 03-15-42   10,477,000 8,387,344
Warnermedia Holdings, Inc. (C) 5.141 03-15-52   34,016,000 26,357,672
WMG Acquisition Corp. (C) 3.000 02-15-31   14,793,000 12,260,512
WMG Acquisition Corp. (C) 3.875 07-15-30   18,861,000 16,346,256
Interactive media and services 0.1%      
Match Group Holdings II LLC (C) 3.625 10-01-31   5,958,000 4,552,936
Match Group Holdings II LLC (C) 4.125 08-01-30   14,047,000 11,729,245
Media 1.5%      
CCO Holdings LLC (C) 4.500 06-01-33   14,410,000 11,435,920
Charter Communications Operating LLC 3.900 06-01-52   16,253,000 10,795,241
Charter Communications Operating LLC 4.200 03-15-28   40,895,000 38,040,263
Charter Communications Operating LLC 4.800 03-01-50   41,047,000 30,797,498
Charter Communications Operating LLC 5.750 04-01-48   46,920,000 40,364,937
Charter Communications Operating LLC 6.484 10-23-45   38,482,000 36,252,636
Globo Comunicacao e Participacoes SA (C) 4.875 01-22-30   25,650,000 21,054,674
LCPR Senior Secured Financing DAC (C) 5.125 07-15-29   8,324,000 6,880,108
News Corp. (C) 3.875 05-15-29   15,978,000 14,200,448
News Corp. (C) 5.125 02-15-32   7,797,000 7,147,510
Radiate Holdco LLC (C) 6.500 09-15-28   13,791,000 7,443,003
Sirius XM Radio, Inc. (C) 4.000 07-15-28   15,524,000 13,720,422
Sirius XM Radio, Inc. (C) 5.000 08-01-27   26,970,000 25,169,483
Stagwell Global LLC (C) 5.625 08-15-29   27,784,000 23,824,780
Univision Communications, Inc. (C) 4.500 05-01-29   7,219,000 6,145,174
Univision Communications, Inc. (C) 7.375 06-30-30   2,196,000 2,191,652
Wireless telecommunication services 0.7%      
Millicom International Cellular SA (C) 5.125 01-15-28   3,690,000 3,336,830
Millicom International Cellular SA (C) 6.250 03-25-29   14,440,500 13,668,839
MTN Mauritius Investments, Ltd. (C) 4.755 11-11-24   12,421,000 12,131,887
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) (D) 6.875 07-19-27   8,190,000 6,543,581
12 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Wireless telecommunication services (continued)      
Sprint LLC 7.875 09-15-23   18,175,000 $18,568,307
T-Mobile USA, Inc. 2.875 02-15-31   3,484,000 2,910,880
T-Mobile USA, Inc. 3.375 04-15-29   29,308,000 25,895,696
T-Mobile USA, Inc. 3.875 04-15-30   39,657,000 36,422,384
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) 7.000 04-04-79   20,093,000 20,016,848
Consumer discretionary 5.0%     996,441,768
Auto components 0.1%      
Dealer Tire LLC (C) 8.000 02-01-28   7,968,000 6,869,771
LCM Investments Holdings II LLC (C) 4.875 05-01-29   4,403,000 3,681,348
Automobiles 1.8%      
Ford Motor Company 3.250 02-12-32   12,651,000 9,998,399
Ford Motor Credit Company LLC 2.900 02-16-28   4,515,000 3,771,723
Ford Motor Credit Company LLC 4.000 11-13-30   13,199,000 11,164,374
Ford Motor Credit Company LLC 4.125 08-17-27   27,831,000 25,392,169
Ford Motor Credit Company LLC 4.134 08-04-25   66,909,000 63,312,641
Ford Motor Credit Company LLC 5.113 05-03-29   38,435,000 35,832,566
General Motors Company 5.400 10-15-29   27,779,000 26,806,291
General Motors Company 5.400 04-01-48   11,218,000 9,663,275
General Motors Financial Company, Inc. 2.400 10-15-28   54,508,000 45,425,418
General Motors Financial Company, Inc. 3.600 06-21-30   59,790,000 51,278,740
Hyundai Capital America (C) 1.000 09-17-24   26,726,000 24,544,876
Hyundai Capital America (C) 1.800 10-15-25   11,797,000 10,536,068
Hyundai Capital America (C) 2.375 10-15-27   10,962,000 9,295,305
Mercedes-Benz Finance North America LLC (C) 3.500 08-03-25   10,505,000 10,081,167
Nissan Motor Acceptance Company LLC (C) 1.125 09-16-24   13,599,000 12,313,083
Nissan Motor Company, Ltd. (C) 3.522 09-17-25   21,797,000 20,194,234
Diversified consumer services 0.2%      
GEMS MENASA Cayman, Ltd. (C) 7.125 07-31-26   14,169,000 13,525,683
Service Corp. International 4.000 05-15-31   18,037,000 15,453,921
Sotheby’s (C) 7.375 10-15-27   8,763,000 8,535,118
Hotels, restaurants and leisure 2.0%      
Affinity Gaming (C) 6.875 12-15-27   10,775,000 9,243,226
Booking Holdings, Inc. 4.625 04-13-30   29,538,000 28,776,347
CCM Merger, Inc. (C) 6.375 05-01-26   8,345,000 7,725,217
Choice Hotels International, Inc. 3.700 12-01-29   15,994,000 13,993,030
Choice Hotels International, Inc. 3.700 01-15-31   14,687,000 12,587,705
Expedia Group, Inc. 2.950 03-15-31   19,051,000 15,487,793
Expedia Group, Inc. 4.625 08-01-27   26,562,000 25,653,782
Expedia Group, Inc. 5.000 02-15-26   28,541,000 28,451,550
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 13

  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Hotels, restaurants and leisure (continued)      
Full House Resorts, Inc. (C) 8.250 02-15-28   9,403,000 $8,370,551
Hilton Domestic Operating Company, Inc. (C) 3.625 02-15-32   13,389,000 11,023,298
Hilton Grand Vacations Borrower Escrow LLC (C) 4.875 07-01-31   13,024,000 10,750,010
Hilton Grand Vacations Borrower Escrow LLC (C) 5.000 06-01-29   16,411,000 14,210,777
Hyatt Hotels Corp. 6.000 04-23-30   12,540,000 12,444,901
Jacobs Entertainment, Inc. (C) 6.750 02-15-29   7,277,000 6,549,300
Marriott International, Inc. 4.625 06-15-30   23,846,000 22,393,152
MGM Resorts International 4.750 10-15-28   29,156,000 25,796,646
Midwest Gaming Borrower LLC (C) 4.875 05-01-29   16,228,000 14,013,040
Mohegan Gaming & Entertainment (C) 8.000 02-01-26   20,373,000 19,129,228
New Red Finance, Inc. (C) 4.000 10-15-30   36,442,000 30,689,995
Premier Entertainment Sub LLC (C) 5.625 09-01-29   10,140,000 8,112,000
Resorts World Las Vegas LLC (C) 4.625 04-16-29   19,445,000 13,214,401
Resorts World Las Vegas LLC (C) 4.625 04-06-31   8,500,000 5,757,227
Travel + Leisure Company (C) 4.625 03-01-30   9,653,000 7,821,391
Travel + Leisure Company 6.600 10-01-25   9,936,000 9,762,120
Wyndham Hotels & Resorts, Inc. (C) 4.375 08-15-28   9,122,000 8,157,453
Yum! Brands, Inc. 3.625 03-15-31   17,351,000 14,466,396
Yum! Brands, Inc. (C) 4.750 01-15-30   12,209,000 11,171,235
Household durables 0.2%      
Brookfield Residential Properties, Inc. (C) 5.000 06-15-29   9,654,000 7,586,499
Century Communities, Inc. (C) 3.875 08-15-29   19,645,000 15,853,515
KB Home 4.000 06-15-31   15,888,000 12,676,876
KB Home 7.250 07-15-30   4,121,000 3,933,685
MDC Holdings, Inc. 2.500 01-15-31   10,454,000 7,423,867
Internet and direct marketing retail 0.1%      
eBay, Inc. 2.700 03-11-30   33,499,000 28,538,486
Multiline retail 0.3%      
Dollar Tree, Inc. 4.200 05-15-28   47,942,000 45,788,593
Macy’s Retail Holdings LLC (C) 5.875 04-01-29   4,584,000 4,263,808
Macy’s Retail Holdings LLC (C) 5.875 03-15-30   1,337,000 1,206,643
Macy’s Retail Holdings LLC (C) 6.125 03-15-32   2,507,000 2,225,564
Specialty retail 0.3%      
Asbury Automotive Group, Inc. (C) 4.625 11-15-29   3,401,000 2,967,373
Asbury Automotive Group, Inc. 4.750 03-01-30   14,462,000 12,363,835
AutoNation, Inc. 4.750 06-01-30   11,901,000 10,716,904
Group 1 Automotive, Inc. (C) 4.000 08-15-28   4,335,000 3,677,162
Ken Garff Automotive LLC (C) 4.875 09-15-28   9,464,000 8,008,472
Lithia Motors, Inc. (C) 3.875 06-01-29   7,350,000 6,166,650
Lithia Motors, Inc. (C) 4.375 01-15-31   7,350,000 6,216,520
14 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Specialty retail (continued)      
Lithia Motors, Inc. (C) 4.625 12-15-27   3,675,000 $3,399,375
Consumer staples 1.4%     280,291,408
Beverages 0.1%      
Anheuser-Busch Companies LLC 4.900 02-01-46   11,018,000 10,307,155
Anheuser-Busch InBev Worldwide, Inc. 4.600 04-15-48   19,890,000 18,070,336
Food and staples retailing 0.1%      
Advantage Sales & Marketing, Inc. (C) 6.500 11-15-28   21,591,000 16,901,867
Food products 1.0%      
Coruripe Netherlands BV (C) 10.000 02-10-27   19,985,000 16,605,537
JBS USA LUX SA (C) 3.625 01-15-32   17,668,000 14,576,100
JBS USA LUX SA (C) 3.750 12-01-31   5,619,000 4,649,833
JBS USA LUX SA (C) 5.125 02-01-28   11,250,000 10,727,807
JBS USA LUX SA (C) 5.750 04-01-33   30,306,000 29,358,331
Kraft Heinz Foods Company 4.375 06-01-46   46,450,000 39,150,944
Kraft Heinz Foods Company 5.000 06-04-42   12,796,000 11,987,865
Kraft Heinz Foods Company 5.500 06-01-50   11,572,000 11,414,976
MARB BondCo PLC (C) 3.950 01-29-31   26,902,000 20,840,979
NBM US Holdings, Inc. (C) 6.625 08-06-29   23,063,000 22,109,553
Post Holdings, Inc. (C) 5.500 12-15-29   17,011,000 15,624,008
Household products 0.1%      
Edgewell Personal Care Company (C) 4.125 04-01-29   7,575,000 6,579,115
Edgewell Personal Care Company (C) 5.500 06-01-28   12,267,000 11,558,938
Personal products 0.1%      
Natura Cosmeticos SA (C) 4.125 05-03-28   11,873,000 9,450,136
Oriflame Investment Holding PLC (C) 5.125 05-04-26   17,182,000 10,377,928
Energy 5.1%     1,017,002,131
Energy equipment and services 0.2%      
CSI Compressco LP (C) 7.500 04-01-25   19,702,000 18,047,870
CSI Compressco LP (C) 7.500 04-01-25   5,179,000 4,744,184
CSI Compressco LP (10.000% Cash or 7.250% Cash and 3.500% PIK) (C) 10.000 04-01-26   16,839,837 14,819,057
Inkia Energy, Ltd. (C) 5.875 11-09-27   2,609,000 2,458,983
Oil, gas and consumable fuels 4.9%      
Aker BP ASA (C) 3.000 01-15-25   13,687,000 12,950,202
Aker BP ASA (C) 3.100 07-15-31   23,855,000 19,657,618
Aker BP ASA (C) 3.750 01-15-30   15,636,000 13,857,184
Aker BP ASA (C) 4.000 01-15-31   35,151,000 31,218,983
Altera Infrastructure LP (C)(E) 8.500 07-15-23   16,547,000 666,017
Antero Midstream Partners LP (C) 5.375 06-15-29   16,047,000 14,803,358
Antero Resources Corp. (C) 5.375 03-01-30   5,836,000 5,468,011
Ascent Resources Utica Holdings LLC (C) 5.875 06-30-29   20,673,000 18,631,335
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 15

  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Cheniere Energy Partners LP 4.000 03-01-31   31,837,000 $27,817,579
Cheniere Energy Partners LP 4.500 10-01-29   31,736,000 29,133,648
CNX Resources Corp. (C) 7.375 01-15-31   4,087,000 4,089,207
Continental Resources, Inc. 4.900 06-01-44   13,606,000 10,246,951
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) (C) 5.850 05-21-43   14,289,000 13,978,961
Diamondback Energy, Inc. 3.125 03-24-31   17,121,000 14,407,984
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) 5.500 07-15-77   22,814,000 20,005,707
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) 5.750 07-15-80   24,061,000 21,395,532
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 6.250 03-01-78   22,368,000 20,283,809
Energean Israel Finance, Ltd. (C) 5.375 03-30-28   6,461,000 5,933,839
Energean Israel Finance, Ltd. (C) 5.875 03-30-31   11,574,000 10,324,974
Energy Transfer LP 4.200 04-15-27   15,075,000 14,262,548
Energy Transfer LP 5.150 03-15-45   24,013,000 20,511,331
Energy Transfer LP 5.250 04-15-29   48,302,000 46,989,650
Energy Transfer LP 5.400 10-01-47   17,042,000 14,696,637
Energy Transfer LP 5.500 06-01-27   23,511,000 23,469,321
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (D) 6.500 11-15-26   30,618,000 26,352,300
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 5.250 08-16-77   41,098,000 33,368,134
EQM Midstream Partners LP (C) 7.500 06-01-27   2,859,000 2,889,334
EQM Midstream Partners LP (C) 7.500 06-01-30   1,610,000 1,624,063
EQT Corp. 5.678 10-01-25   5,369,000 5,354,289
EQT Corp. 7.000 02-01-30   20,624,000 21,697,656
Hess Midstream Operations LP (C) 4.250 02-15-30   5,230,000 4,471,650
Hess Midstream Operations LP (C) 5.500 10-15-30   2,295,000 2,103,691
Inversiones Latin America Power, Ltd. (C) 5.125 06-15-33   12,487,013 6,003,756
Kinder Morgan Energy Partners LP 7.750 03-15-32   15,840,000 17,764,640
Leviathan Bond, Ltd. (C) 6.500 06-30-27   29,476,000 28,871,303
Leviathan Bond, Ltd. (C) 6.750 06-30-30   4,949,000 4,688,042
MC Brazil Downstream Trading SARL (C) 7.250 06-30-31   18,736,000 15,518,167
Midwest Connector Capital Company LLC (C) 3.900 04-01-24   23,310,000 22,528,919
MPLX LP 4.000 03-15-28   19,213,000 17,985,713
MPLX LP 4.125 03-01-27   5,490,000 5,239,981
MPLX LP 4.250 12-01-27   15,703,000 14,979,620
MPLX LP 4.950 09-01-32   13,328,000 12,615,368
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (D) 6.875 02-15-23   54,521,000 53,876,562
16 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Ovintiv, Inc. 7.200 11-01-31   3,846,000 $4,109,489
Parkland Corp. (C) 4.500 10-01-29   12,267,000 10,334,948
Parkland Corp. (C) 4.625 05-01-30   11,791,000 9,886,754
Petroleos Mexicanos 8.750 06-02-29   10,862,000 10,079,936
Sabine Pass Liquefaction LLC 4.200 03-15-28   13,493,000 12,738,908
Sabine Pass Liquefaction LLC 4.500 05-15-30   28,938,000 27,342,865
Sabine Pass Liquefaction LLC 5.000 03-15-27   12,815,000 12,649,538
Sabine Pass Liquefaction LLC 5.875 06-30-26   15,844,000 16,071,589
Southwestern Energy Company 4.750 02-01-32   9,065,000 7,925,343
Sunoco LP 4.500 05-15-29   7,321,000 6,339,160
Sunoco LP 4.500 04-30-30   17,216,000 14,936,774
Targa Resources Corp. 4.950 04-15-52   29,927,000 24,325,517
Targa Resources Partners LP 4.000 01-15-32   24,529,000 21,035,787
The Williams Companies, Inc. 3.750 06-15-27   22,304,000 21,097,574
The Williams Companies, Inc. 4.650 08-15-32   19,032,000 18,027,874
TransCanada PipeLines, Ltd. 4.250 05-15-28   13,625,000 13,017,904
Var Energi ASA (C) 8.000 11-15-32   18,688,000 19,545,057
Venture Global Calcasieu Pass LLC (C) 3.875 08-15-29   6,386,000 5,515,908
Venture Global Calcasieu Pass LLC (C) 4.125 08-15-31   10,687,000 9,217,538
Financials 10.8%     2,161,022,399
Banks 6.6%      
Banco Santander SA 4.379 04-12-28   19,106,000 17,736,112
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) 2.087 06-14-29   34,490,000 29,112,672
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 2.592 04-29-31   32,646,000 26,941,098
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 2.687 04-22-32   61,839,000 50,098,213
Bank of America Corp. 3.248 10-21-27   27,044,000 24,930,301
Bank of America Corp. (3.846% to 3-8-32, then 5 Year CMT + 2.000%) 3.846 03-08-37   30,104,000 25,498,712
Bank of America Corp. 3.950 04-21-25   32,386,000 31,651,377
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) (D) 6.300 03-10-26   45,620,000 45,209,420
Barclays PLC (1.007% to 12-10-23, then 1 Year CMT + 0.800%) 1.007 12-10-24   11,618,000 10,986,429
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (D) 4.375 03-15-28   25,632,000 18,836,762
Barclays PLC (8.000% to 3-15-29, then 5 Year CMT + 5.431%) (D) 8.000 03-15-29   12,203,000 11,501,328
BNP Paribas SA (9.250% to 11-17-27, then 5 Year CMT + 4.969%) (C)(D) 9.250 11-17-27   10,002,000 10,377,075
BPCE SA (C) 4.500 03-15-25   20,953,000 20,073,448
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 17

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) 2.561 05-01-32   17,287,000 $13,825,423
Citigroup, Inc. 3.200 10-21-26   39,653,000 37,028,725
Citigroup, Inc. 4.600 03-09-26   51,712,000 50,982,828
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) (D) 4.700 01-30-25   36,879,000 31,084,203
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (D) 6.250 08-15-26   27,864,000 26,963,993
Citizens Financial Group, Inc. 3.250 04-30-30   38,053,000 33,477,379
Credit Agricole SA (C) 2.811 01-11-41   16,269,000 10,074,262
Credit Agricole SA (C) 3.250 01-14-30   34,209,000 28,078,885
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) (C)(D) 7.875 01-23-24   18,505,000 18,366,213
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (D) 5.100 06-30-23   19,543,000 18,090,920
Freedom Mortgage Corp. (C) 8.125 11-15-24   12,459,000 11,462,280
HSBC Holdings PLC (6.375% to 3-30-25, then 5 Year ICE Swap Rate + 4.368%) (D) 6.375 03-30-25   7,004,000 6,671,310
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (D) 6.500 04-16-25   7,245,000 6,816,531
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) (C) 4.198 06-01-32   12,859,000 9,484,357
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) 2.522 04-22-31   37,470,000 30,989,550
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) 2.956 05-13-31   33,681,000 28,086,172
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (D) 4.600 02-01-25   28,722,000 25,490,775
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (D) 6.750 02-01-24   37,415,000 37,098,315
Lloyds Banking Group PLC 4.450 05-08-25   64,560,000 63,122,867
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (D) 7.500 06-27-24   22,139,000 21,642,865
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (D) 5.125 11-01-26   10,483,000 9,133,314
NatWest Group PLC (3.754% to 11-1-24, then 5 Year CMT + 2.100%) 3.754 11-01-29   12,650,000 11,693,505
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) (D) 6.000 12-29-25   28,042,000 25,658,430
NatWest Markets PLC (C) 1.600 09-29-26   35,700,000 30,912,106
Santander Holdings USA, Inc. (2.490% to 1-6-27, then SOFR + 1.249%) 2.490 01-06-28   23,584,000 20,466,345
Santander Holdings USA, Inc. 3.244 10-05-26   53,984,000 49,606,921
18 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
Santander Holdings USA, Inc. 3.450 06-02-25   46,840,000 $44,556,062
Santander Holdings USA, Inc. 4.400 07-13-27   11,424,000 10,965,596
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (C)(D) 5.375 11-18-30   22,339,000 17,538,349
Societe Generale SA (6.221% to 6-15-32, then 1 Year CMT + 3.200%) (C) 6.221 06-15-33   14,339,000 13,335,286
The PNC Financial Services Group, Inc. (3.400% to 9-15-26, then 5 Year CMT + 2.595%) (D) 3.400 09-15-26   37,637,000 28,961,796
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) (D) 4.850 06-01-23   14,899,000 14,070,929
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) (B)(D) 8.118 02-01-23   29,301,000 29,300,146
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) 2.393 06-02-28   56,184,000 49,682,538
Wells Fargo & Company (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%) 2.879 10-30-30   44,011,000 37,848,185
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) 3.068 04-30-41   25,324,000 18,799,153
Wells Fargo & Company (3.350% to 3-2-32, then SOFR + 1.500%) 3.350 03-02-33   21,978,000 18,800,526
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (D) 5.875 06-15-25   66,007,000 64,614,252
Capital markets 2.5%      
Ares Capital Corp. 2.150 07-15-26   27,532,000 23,476,568
Ares Capital Corp. 2.875 06-15-28   20,575,000 16,901,993
Ares Capital Corp. 3.875 01-15-26   20,967,000 19,280,303
Ares Capital Corp. 4.200 06-10-24   19,386,000 18,793,055
Blackstone Private Credit Fund 2.350 11-22-24   24,290,000 22,386,918
Blackstone Private Credit Fund 2.700 01-15-25   18,807,000 17,492,254
Blackstone Private Credit Fund 3.250 03-15-27   5,483,000 4,725,073
Blackstone Private Credit Fund 4.000 01-15-29   27,133,000 23,054,507
Cantor Fitzgerald LP (C) 4.875 05-01-24   29,166,000 28,606,029
Deutsche Bank AG (2.311% to 11-16-26, then SOFR + 1.219%) 2.311 11-16-27   22,438,000 18,742,517
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) 3.742 01-07-33   29,929,000 21,365,444
Lazard Group LLC 4.375 03-11-29   13,937,000 12,986,617
Macquarie Bank, Ltd. (C) 3.624 06-03-30   17,809,000 14,418,993
Macquarie Bank, Ltd. (C) 4.875 06-10-25   18,897,000 18,346,561
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) 2.239 07-21-32   14,763,000 11,513,055
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 19

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Capital markets (continued)      
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) 2.484 09-16-36   44,057,000 $32,753,586
Morgan Stanley 3.875 01-27-26   19,255,000 18,656,706
MSCI, Inc. (C) 3.250 08-15-33   13,634,000 10,711,295
MSCI, Inc. (C) 3.625 11-01-31   15,116,000 12,730,091
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) 2.615 04-22-32   76,569,000 61,852,062
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then SOFR + 1.264%) 2.650 10-21-32   29,672,000 23,829,840
The Goldman Sachs Group, Inc. 3.850 01-26-27   54,969,000 52,819,690
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) (C)(D) 7.000 01-31-24   16,988,000 16,733,180
Consumer finance 0.4%      
Ally Financial, Inc. 5.125 09-30-24   36,120,000 35,834,717
Ally Financial, Inc. 7.100 11-15-27   14,730,000 15,148,279
Discover Financial Services 4.100 02-09-27   8,970,000 8,428,062
Enova International, Inc. (C) 8.500 09-01-24   3,762,000 3,596,251
Enova International, Inc. (C) 8.500 09-15-25   17,273,000 15,891,160
OneMain Finance Corp. 6.875 03-15-25   5,750,000 5,584,946
Insurance 1.1%      
Athene Holding, Ltd. 3.500 01-15-31   13,118,000 10,764,311
CNA Financial Corp. 2.050 08-15-30   10,645,000 8,371,448
CNO Financial Group, Inc. 5.250 05-30-25   11,065,000 11,004,029
CNO Financial Group, Inc. 5.250 05-30-29   30,469,000 29,045,524
Liberty Mutual Group, Inc. (4.125% to 9-15-26, then 5 Year CMT + 3.315%) (C) 4.125 12-15-51   18,110,000 14,290,369
Liberty Mutual Group, Inc. (C) 5.500 06-15-52   4,433,000 3,990,976
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 6.400 12-15-36   24,309,000 22,894,818
New York Life Insurance Company (C) 3.750 05-15-50   13,513,000 10,366,619
Nippon Life Insurance Company (2.750% to 1-21-31, then 5 Year CMT + 2.653%) (C) 2.750 01-21-51   35,062,000 26,972,693
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. Swap Rate + 3.650%) (C) 5.100 10-16-44   21,465,000 20,815,902
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) 5.125 03-01-52   14,800,000 12,652,601
SBL Holdings, Inc. (C) 5.000 02-18-31   22,901,000 17,917,112
Teachers Insurance & Annuity Association of America (C) 4.270 05-15-47   27,751,000 23,380,281
Thrifts and mortgage finance 0.2%      
Nationstar Mortgage Holdings, Inc. (C) 5.125 12-15-30   10,058,000 7,841,263
20 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Thrifts and mortgage finance (continued)      
Nationstar Mortgage Holdings, Inc. (C) 5.500 08-15-28   11,236,000 $9,422,247
Nationstar Mortgage Holdings, Inc. (C) 6.000 01-15-27   6,021,000 5,473,751
Radian Group, Inc. 4.500 10-01-24   12,023,000 11,424,464
Health care 2.2%     432,923,222
Biotechnology 0.3%      
AbbVie, Inc. 3.200 11-21-29   70,119,000 64,017,114
Health care equipment and supplies 0.1%      
Varex Imaging Corp. (C) 7.875 10-15-27   9,865,000 9,710,724
Health care providers and services 1.5%      
AdaptHealth LLC (C) 5.125 03-01-30   11,714,000 9,955,894
AmerisourceBergen Corp. 2.800 05-15-30   22,531,000 19,190,692
Centene Corp. 3.000 10-15-30   20,848,000 17,201,685
Centene Corp. 3.375 02-15-30   12,115,000 10,319,715
Centene Corp. 4.250 12-15-27   6,580,000 6,175,198
CVS Health Corp. 3.750 04-01-30   19,631,000 18,138,339
CVS Health Corp. 4.300 03-25-28   11,813,000 11,483,606
CVS Health Corp. 5.050 03-25-48   23,954,000 22,245,020
DaVita, Inc. (C) 3.750 02-15-31   25,782,000 18,949,770
DaVita, Inc. (C) 4.625 06-01-30   25,304,000 20,483,082
Encompass Health Corp. 4.500 02-01-28   9,496,000 8,539,330
Encompass Health Corp. 4.625 04-01-31   6,644,000 5,733,938
Fresenius Medical Care US Finance III, Inc. (C) 2.375 02-16-31   37,988,000 28,364,685
HCA, Inc. 4.125 06-15-29   20,511,000 18,744,171
HCA, Inc. 5.250 04-15-25   21,962,000 21,916,906
HCA, Inc. 5.250 06-15-26   17,933,000 17,790,713
Universal Health Services, Inc. (C) 1.650 09-01-26   22,040,000 18,917,018
Universal Health Services, Inc. (C) 2.650 10-15-30   23,046,000 18,425,049
Pharmaceuticals 0.3%      
Organon & Company (C) 5.125 04-30-31   20,418,000 18,119,137
Royalty Pharma PLC 1.750 09-02-27   12,150,000 10,297,264
Viatris, Inc. 2.300 06-22-27   8,657,000 7,445,491
Viatris, Inc. 2.700 06-22-30   19,825,000 15,813,378
Viatris, Inc. 4.000 06-22-50   22,979,000 14,945,303
Industrials 6.1%     1,232,899,868
Aerospace and defense 0.9%      
DAE Funding LLC (C) 2.625 03-20-25   24,111,000 22,368,498
Huntington Ingalls Industries, Inc. 4.200 05-01-30   17,017,000 15,626,202
The Boeing Company 3.200 03-01-29   13,975,000 12,287,219
The Boeing Company 5.040 05-01-27   41,295,000 40,894,340
The Boeing Company 5.150 05-01-30   57,564,000 56,161,222
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 21

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Aerospace and defense (continued)      
TransDigm, Inc. 5.500 11-15-27   28,478,000 $26,840,515
Air freight and logistics 0.0%      
Simpar Europe SA (C) 5.200 01-26-31   6,695,000 5,071,463
Airlines 2.3%      
Air Canada 2013-1 Class A Pass Through Trust (C) 4.125 05-15-25   8,564,119 7,797,037
Air Canada 2017-1 Class B Pass Through Trust (C) 3.700 01-15-26   9,227,381 8,167,051
Alaska Airlines 2020-1 Class B Pass Through Trust (C) 8.000 08-15-25   7,031,250 7,029,919
American Airlines 2015-1 Class A Pass Through Trust 3.375 05-01-27   56,540,938 46,587,884
American Airlines 2015-1 Class B Pass Through Trust 3.700 05-01-23   11,387,787 11,167,110
American Airlines 2016-1 Class A Pass Through Trust 4.100 01-15-28   20,227,120 15,580,224
American Airlines 2017-1 Class A Pass Through Trust 4.000 02-15-29   6,541,381 5,004,649
American Airlines 2017-1 Class AA Pass Through Trust 3.650 02-15-29   15,148,269 13,329,127
American Airlines 2017-2 Class A Pass Through Trust 3.600 10-15-29   13,648,600 10,254,120
American Airlines 2019-1 Class A Pass Through Trust 3.500 02-15-32   22,105,180 16,026,859
American Airlines 2019-1 Class AA Pass Through Trust 3.150 02-15-32   14,742,839 12,090,952
American Airlines 2021-1 Class A Pass Through Trust 2.875 07-11-34   13,660,000 10,655,102
American Airlines 2021-1 Class B Pass Through Trust 3.950 07-11-30   10,179,000 8,146,482
British Airways 2013-1 Class A Pass Through Trust (C) 4.625 06-20-24   7,848,960 7,614,207
British Airways 2018-1 Class A Pass Through Trust (C) 4.125 09-20-31   7,071,263 5,913,057
British Airways 2020-1 Class A Pass Through Trust (C) 4.250 11-15-32   6,922,920 6,197,553
British Airways 2020-1 Class B Pass Through Trust (C) 8.375 11-15-28   5,046,545 4,933,531
Delta Air Lines, Inc. 2.900 10-28-24   38,340,000 36,346,320
Delta Air Lines, Inc. 4.375 04-19-28   26,290,000 24,024,985
Delta Air Lines, Inc. (C) 4.500 10-20-25   5,725,000 5,577,312
Delta Air Lines, Inc. (C) 4.750 10-20-28   20,881,627 19,793,719
JetBlue 2019-1 Class AA Pass Through Trust 2.750 05-15-32   16,159,026 13,447,845
United Airlines 2014-2 Class A Pass Through Trust 3.750 09-03-26   27,960,731 25,444,266
22 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Airlines (continued)      
United Airlines 2016-1 Class A Pass Through Trust 3.450 07-07-28   24,172,237 $19,101,538
United Airlines 2016-1 Class B Pass Through Trust 3.650 01-07-26   21,044,562 18,623,566
United Airlines 2018-1 Class B Pass Through Trust 4.600 03-01-26   4,881,776 4,417,744
United Airlines 2019-1 Class A Pass Through Trust 4.550 08-25-31   17,744,924 14,556,372
United Airlines 2020-1 Class A Pass Through Trust 5.875 10-15-27   45,064,496 43,876,632
United Airlines 2020-1 Class B Pass Through Trust 4.875 01-15-26   9,654,540 9,048,982
United Airlines, Inc. (C) 4.375 04-15-26   1,856,000 1,727,983
United Airlines, Inc. (C) 4.625 04-15-29   4,647,000 4,136,839
US Airways 2010-1 Class A Pass Through Trust 6.250 04-22-23   3,952,910 3,938,257
US Airways 2011-1 Class A Pass Through Trust 7.125 10-22-23   10,613,953 10,482,046
US Airways 2012-1 Class A Pass Through Trust 5.900 10-01-24   4,300,527 4,131,180
US Airways 2012-2 Class A Pass Through Trust 4.625 06-03-25   10,707,594 9,729,324
Building products 0.2%      
Builders FirstSource, Inc. (C) 4.250 02-01-32   19,875,000 16,111,875
Builders FirstSource, Inc. (C) 5.000 03-01-30   2,354,000 2,088,125
Builders FirstSource, Inc. (C) 6.375 06-15-32   12,079,000 11,159,394
Owens Corning 3.950 08-15-29   20,949,000 19,242,156
Commercial services and supplies 0.5%      
Albion Financing 1 SARL (C) 6.125 10-15-26   12,103,000 10,729,915
Allied Universal Holdco LLC (C) 6.000 06-01-29   6,511,000 4,667,187
APX Group, Inc. (C) 5.750 07-15-29   17,139,000 14,590,602
Cimpress PLC (C) 7.000 06-15-26   32,163,000 22,444,306
Garda World Security Corp. (C) 6.000 06-01-29   6,535,000 5,293,350
GFL Environmental, Inc. (C) 4.375 08-15-29   8,233,000 7,064,737
Graphic Packaging International LLC (C) 3.500 03-01-29   17,119,000 14,555,385
Prime Security Services Borrower LLC (C) 3.375 08-31-27   3,713,000 3,266,957
Prime Security Services Borrower LLC (C) 6.250 01-15-28   13,157,000 12,236,010
Construction and engineering 0.2%      
Global Infrastructure Solutions, Inc. (C) 5.625 06-01-29   17,739,000 13,747,725
MasTec, Inc. (C) 4.500 08-15-28   11,194,000 10,106,405
Tutor Perini Corp. (C) 6.875 05-01-25   18,996,000 16,533,063
Machinery 0.1%      
Flowserve Corp. 3.500 10-01-30   12,857,000 10,761,117
Hillenbrand, Inc. 3.750 03-01-31   7,543,000 6,128,688
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 23

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Machinery (continued)      
JB Poindexter & Company, Inc. (C) 7.125 04-15-26   7,764,000 $7,502,431
TK Elevator U.S. Newco, Inc. (C) 5.250 07-15-27   6,702,000 6,082,199
Professional services 0.2%      
CoStar Group, Inc. (C) 2.800 07-15-30   29,716,000 24,436,275
TriNet Group, Inc. (C) 3.500 03-01-29   7,774,000 6,462,138
Road and rail 0.3%      
Uber Technologies, Inc. (C) 4.500 08-15-29   28,116,000 24,475,681
Uber Technologies, Inc. (C) 7.500 05-15-25   16,479,000 16,578,846
Uber Technologies, Inc. (C) 7.500 09-15-27   25,776,000 25,910,035
Trading companies and distributors 1.3%      
AerCap Ireland Capital DAC 1.650 10-29-24   12,564,000 11,560,962
AerCap Ireland Capital DAC 1.750 01-30-26   25,521,000 22,516,224
AerCap Ireland Capital DAC 2.450 10-29-26   76,496,000 67,262,581
AerCap Ireland Capital DAC 2.875 08-14-24   26,769,000 25,336,442
Air Lease Corp. 2.100 09-01-28   14,336,000 11,625,218
Air Lease Corp. 2.875 01-15-26   12,330,000 11,357,915
Air Lease Corp. 3.625 12-01-27   10,118,000 9,063,794
Ashtead Capital, Inc. (C) 2.450 08-12-31   14,429,000 11,178,738
Ashtead Capital, Inc. (C) 4.250 11-01-29   7,666,000 6,939,714
Ashtead Capital, Inc. (C) 4.375 08-15-27   15,640,000 14,503,285
Beacon Roofing Supply, Inc. (C) 4.125 05-15-29   13,448,000 11,309,096
BlueLinx Holdings, Inc. (C) 6.000 11-15-29   18,852,000 15,270,120
SMBC Aviation Capital Finance DAC (C) 2.300 06-15-28   8,237,000 6,717,584
United Rentals North America, Inc. 3.875 11-15-27   13,783,000 12,632,533
United Rentals North America, Inc. 4.875 01-15-28   26,278,000 25,202,179
Transportation infrastructure 0.1%      
Adani Ports & Special Economic Zone, Ltd. (C) 3.100 02-02-31   18,907,000 14,099,648
Information technology 3.8%     772,261,589
Communications equipment 0.3%      
Motorola Solutions, Inc. 2.300 11-15-30   34,267,000 27,021,146
Motorola Solutions, Inc. 2.750 05-24-31   28,486,000 22,986,378
Motorola Solutions, Inc. 4.600 05-23-29   10,368,000 9,864,947
IT services 0.5%      
Block, Inc. 3.500 06-01-31   8,050,000 6,532,656
CGI, Inc. 1.450 09-14-26   24,919,000 21,955,267
Gartner, Inc. (C) 3.625 06-15-29   7,938,000 6,952,785
Gartner, Inc. (C) 4.500 07-01-28   25,252,000 23,772,738
Sabre GLBL, Inc. (C) 7.375 09-01-25   14,309,000 13,629,323
VeriSign, Inc. 2.700 06-15-31   13,953,000 11,436,284
VeriSign, Inc. 5.250 04-01-25   10,167,000 10,212,708
24 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Semiconductors and semiconductor equipment 1.8%      
Broadcom, Inc. (C) 3.419 04-15-33   35,997,000 $29,248,649
Broadcom, Inc. 4.750 04-15-29   85,684,000 82,061,987
Broadcom, Inc. (C) 4.926 05-15-37   15,585,000 13,675,725
KLA Corp. 4.100 03-15-29   15,557,000 15,147,856
Marvell Technology, Inc. 2.450 04-15-28   31,863,000 27,035,907
Micron Technology, Inc. 4.185 02-15-27   68,119,000 65,125,311
Micron Technology, Inc. 5.327 02-06-29   59,802,000 58,129,581
NXP BV 3.875 06-18-26   32,848,000 31,209,062
Qorvo, Inc. (C) 1.750 12-15-24   14,301,000 13,106,223
Qorvo, Inc. (C) 3.375 04-01-31   16,254,000 13,031,807
Renesas Electronics Corp. (C) 1.543 11-26-24   18,559,000 16,989,707
Software 0.5%      
Autodesk, Inc. 2.850 01-15-30   10,308,000 8,960,724
Consensus Cloud Solutions, Inc. (C) 6.500 10-15-28   18,197,000 16,513,788
Infor, Inc. (C) 1.750 07-15-25   7,620,000 6,917,012
Oracle Corp. 2.950 04-01-30   54,716,000 46,956,701
Oracle Corp. 6.900 11-09-52   22,251,000 24,644,634
Technology hardware, storage and peripherals 0.7%      
Atento Luxco 1 SA (C) 8.000 02-10-26   6,652,000 3,591,325
CDW LLC 3.250 02-15-29   8,552,000 7,251,925
CDW LLC 3.569 12-01-31   26,703,000 22,031,844
Dell International LLC (C) 3.450 12-15-51   24,720,000 15,935,067
Dell International LLC 4.900 10-01-26   41,282,000 40,827,718
Dell International LLC 5.300 10-01-29   20,296,000 20,076,350
Dell International LLC 5.850 07-15-25   12,962,000 13,165,691
Western Digital Corp. 4.750 02-15-26   27,865,000 26,262,763
Materials 1.9%     381,536,542
Chemicals 0.5%      
Braskem Idesa SAPI (C) 6.990 02-20-32   13,611,000 9,646,796
Braskem Netherlands Finance BV (C) 5.875 01-31-50   24,630,000 19,271,128
FS Luxembourg Sarl (C) 10.000 12-15-25   17,464,000 17,616,461
Methanex Corp. 4.250 12-01-24   7,147,000 6,914,294
Sasol Financing USA LLC 5.500 03-18-31   24,943,000 20,698,062
Trinseo Materials Operating SCA (C) 5.125 04-01-29   11,997,000 7,633,091
Valvoline, Inc. (C) 3.625 06-15-31   21,112,000 17,206,280
Construction materials 0.3%      
Cemex SAB de CV (C) 3.875 07-11-31   20,594,000 16,736,711
Cemex SAB de CV (C) 5.200 09-17-30   17,916,000 16,188,898
Standard Industries, Inc. (C) 3.375 01-15-31   8,626,000 6,613,033
Standard Industries, Inc. (C) 4.375 07-15-30   10,985,000 9,007,700
Standard Industries, Inc. (C) 5.000 02-15-27   4,561,000 4,197,312
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 25

  Rate (%) Maturity date   Par value^ Value
Materials (continued)      
Containers and packaging 0.2%      
Owens-Brockway Glass Container, Inc. (C) 6.625 05-13-27   9,013,000 $8,670,754
Pactiv Evergreen Group Issuer LLC (C) 4.375 10-15-28   11,571,000 10,124,625
Pactiv Evergreen Group Issuer, Inc. (C) 4.000 10-15-27   24,222,000 21,288,110
Trident TPI Holdings, Inc. (C) 6.625 11-01-25   5,167,000 4,444,452
Metals and mining 0.9%      
Anglo American Capital PLC (C) 4.750 04-10-27   14,781,000 14,207,403
Arconic Corp. (C) 6.125 02-15-28   10,635,000 9,985,733
First Quantum Minerals, Ltd. (C) 6.500 03-01-24   8,050,000 7,929,359
First Quantum Minerals, Ltd. (C) 6.875 03-01-26   9,625,000 9,280,714
First Quantum Minerals, Ltd. (C) 6.875 10-15-27   15,023,000 14,309,723
First Quantum Minerals, Ltd. (C) 7.500 04-01-25   11,526,000 11,356,509
Freeport-McMoRan, Inc. 4.250 03-01-30   25,953,000 23,114,179
Freeport-McMoRan, Inc. 4.625 08-01-30   18,992,000 17,347,851
Freeport-McMoRan, Inc. 5.450 03-15-43   30,200,000 27,076,112
Hudbay Minerals, Inc. (C) 4.500 04-01-26   4,708,000 4,263,778
JW Aluminum Continuous Cast Company (C) 10.250 06-01-26   7,310,000 7,474,475
Newmont Corp. 2.800 10-01-29   10,460,000 8,979,175
Novelis Corp. (C) 4.750 01-30-30   28,979,000 25,765,179
Volcan Cia Minera SAA (C) 4.375 02-11-26   4,899,000 4,188,645
Real estate 1.6%     327,332,153
Equity real estate investment trusts 1.6%      
American Homes 4 Rent LP 4.250 02-15-28   12,929,000 12,047,186
American Tower Corp. 1.600 04-15-26   15,794,000 14,025,171
American Tower Corp. 3.550 07-15-27   18,925,000 17,579,050
American Tower Corp. 3.800 08-15-29   38,566,000 35,284,197
Crown Castle, Inc. 3.800 02-15-28   13,032,000 12,157,387
Equinix, Inc. 1.550 03-15-28   23,248,000 19,328,407
Equinix, Inc. 1.800 07-15-27   13,065,000 11,233,048
GLP Capital LP 3.250 01-15-32   10,853,000 8,569,999
GLP Capital LP 4.000 01-15-30   10,777,000 9,349,371
GLP Capital LP 5.375 04-15-26   17,313,000 16,783,049
Host Hotels & Resorts LP 3.375 12-15-29   27,488,000 23,249,423
Host Hotels & Resorts LP 3.500 09-15-30   15,915,000 13,283,889
Host Hotels & Resorts LP 4.500 02-01-26   11,994,000 11,437,461
Iron Mountain Information Management Services, Inc. (C) 5.000 07-15-32   4,858,000 4,104,961
Iron Mountain, Inc. (C) 4.875 09-15-29   9,816,000 8,630,937
Iron Mountain, Inc. (C) 5.250 07-15-30   11,787,000 10,608,300
RHP Hotel Properties LP (C) 4.500 02-15-29   15,671,000 13,705,503
SBA Tower Trust (C) 2.836 01-15-25   22,542,000 21,227,833
SBA Tower Trust (C) 6.599 01-15-28   8,442,000 8,479,493
26 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Real estate (continued)      
Equity real estate investment trusts (continued)      
VICI Properties LP (C) 3.875 02-15-29   13,041,000 $11,446,453
VICI Properties LP (C) 4.125 08-15-30   12,630,000 10,943,364
VICI Properties LP (C) 4.625 12-01-29   24,513,000 22,242,441
VICI Properties LP 5.125 05-15-32   5,669,000 5,317,579
XHR LP (C) 4.875 06-01-29   7,368,000 6,297,651
Utilities 1.4%     291,591,079
Electric utilities 0.9%      
Atlantica Transmision Sur SA (C) 6.875 04-30-43   12,508,713 11,289,113
Emera US Finance LP 3.550 06-15-26   11,499,000 10,785,947
FirstEnergy Corp. 2.650 03-01-30   15,065,000 12,455,139
Instituto Costarricense de Electricidad (C) 6.375 05-15-43   7,220,000 5,559,400
NextEra Energy Capital Holdings, Inc. 2.250 06-01-30   10,230,000 8,486,353
NRG Energy, Inc. (C) 2.450 12-02-27   22,398,000 19,166,780
NRG Energy, Inc. (C) 3.375 02-15-29   5,134,000 4,265,606
NRG Energy, Inc. (C) 3.625 02-15-31   12,916,000 10,328,279
NRG Energy, Inc. (C) 3.875 02-15-32   25,570,000 20,555,595
NRG Energy, Inc. (C) 4.450 06-15-29   16,431,000 15,123,682
Vistra Operations Company LLC (C) 3.700 01-30-27   43,768,000 40,012,923
Vistra Operations Company LLC (C) 4.300 07-15-29   38,331,000 34,646,947
Gas utilities 0.1%      
AmeriGas Partners LP 5.500 05-20-25   20,313,000 19,703,610
Independent power and renewable electricity producers 0.3%      
AES Panama Generation Holdings SRL (C) 4.375 05-31-30   16,304,000 13,635,168
DPL, Inc. 4.125 07-01-25   14,640,000 13,793,124
LLPL Capital Pte, Ltd. (C) 6.875 02-04-39   3,103,942 2,653,508
NextEra Energy Operating Partners LP (C) 3.875 10-15-26   16,950,000 15,901,219
NextEra Energy Operating Partners LP (C) 4.500 09-15-27   6,602,000 6,214,133
Multi-utilities 0.1%      
Dominion Energy, Inc. 3.375 04-01-30   14,886,000 13,186,857
NiSource, Inc. 3.600 05-01-30   15,381,000 13,827,696
Municipal bonds 0.2%         $43,829,571
(Cost $53,916,515)          
Golden State Tobacco Securitization Corp. (California) 4.214 06-01-50   16,097,000 12,300,176
New Jersey Transportation Trust Fund Authority 4.081 06-15-39   21,809,000 18,103,721
New Jersey Transportation Trust Fund Authority 4.131 06-15-42   1,745,000 1,406,795
State Board of Administration Finance Corp. (Florida) 1.705 07-01-27   13,918,000 12,018,879
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 27

  Rate (%) Maturity date   Par value^ Value
Term loans (F) 0.3%         $59,349,563
(Cost $68,524,574)          
Communication services 0.0% 5,740,916
Media 0.0%
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) 9.571 09-01-27   6,493,000 5,740,916
Consumer discretionary 0.1% 18,578,640
Household durables 0.1%
Hunter Douglas, Inc., USD Term Loan B1 (3 month SOFR + 3.500%) 7.859 02-26-29   21,341,513 18,578,640
Health care 0.0% 4,206,452
Health care providers and services 0.0%
TTF Holdings LLC, Term Loan (1 month LIBOR + 4.000%) 8.120 03-31-28   4,270,510 4,206,452
Industrials 0.2% 26,827,104
Professional services 0.2%
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) 7.625 06-02-28   32,616,540 26,827,104
Materials 0.0% 3,996,451
Containers and packaging 0.0%
Clydesdale Acquisition Holdings, Inc., Term Loan B (1 month SOFR + 4.175%) 8.361 04-13-29   4,145,610 3,996,451
Collateralized mortgage obligations 8.3%       $1,667,559,894
(Cost $2,031,254,674)          
Commercial and residential 6.1%     1,228,630,408
Angel Oak Mortgage Trust LLC    
Series 2020-R1, Class A1 (C)(G) 0.990 04-25-53   9,003,870 8,372,584
Series 2021-2, Class A1 (C)(G) 0.985 04-25-66   7,980,952 6,586,004
Series 2021-4, Class A1 (C)(G) 1.035 01-20-65   17,765,514 13,866,539
Series 2021-5, Class A1 (C)(G) 0.951 07-25-66   23,391,351 18,305,100
Arroyo Mortgage Trust    
Series 2021-1R, Class A1 (C)(G) 1.175 10-25-48   14,008,122 11,054,522
BAMLL Commercial Mortgage Securities Trust    
Series 2019-BPR, Class ENM (C)(G) 3.843 11-05-32   11,565,000 8,572,907
Barclays Commercial Mortgage Trust    
Series 2019-C5, Class A2 3.043 11-15-52   15,513,000 14,762,357
BBCMS Mortgage Trust    
Series 2020-C6, Class A2 2.690 02-15-53   10,908,000 10,255,181
BBCMS Trust    
Series 2015-MSQ, Class D (C)(G) 4.123 09-15-32   7,340,000 7,318,327
Series 2015-SRCH, Class D (C)(G) 5.122 08-10-35   15,436,000 13,259,999
Bear Stearns Commercial Mortgage Securities Trust    
Series 2005-PWR8, Class X1 IO (C) 0.716 06-11-41   8,284 9
Benchmark Mortgage Trust    
28 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2019-B12, Class A2 3.001 08-15-52   20,384,902 $19,385,499
Series 2019-B13, Class A2 2.889 08-15-57   20,055,000 19,082,597
BOCA Commercial Mortgage Trust    
Series 2022-BOCA, Class A (1 month CME Term SOFR + 1.770%) (B)(C) 5.564 05-15-39   19,350,000 18,732,520
Series 2022-BOCA, Class B (1 month CME Term SOFR + 2.319%) (B)(C) 6.113 05-15-39   7,240,000 6,913,943
BPR Trust    
Series 2022-OANA, Class A (1 month CME Term SOFR + 1.898%) (B)(C) 5.692 04-15-37   55,353,000 53,861,491
BRAVO Residential Funding Trust    
Series 2021-NQM1, Class A1 (C)(G) 0.941 02-25-49   10,363,077 8,604,384
BWAY Mortgage Trust    
Series 2015-1740, Class XA IO (C) 0.205 01-10-35   123,773,000 14,593
BX Commercial Mortgage Trust    
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%) (B)(C) 4.805 10-15-37   19,900,396 19,253,585
Series 2021-ACNT, Class A (1 month LIBOR + 0.850%) (B)(C) 4.726 11-15-38   17,129,000 16,425,147
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%) (B)(C) 4.975 09-15-36   23,449,000 21,729,848
Series 2022-AHP, Class A (1 month CME Term SOFR + 0.990%) (B)(C) 4.784 01-17-39   41,470,000 39,628,483
BX Trust    
Series 2022-CLS, Class A (C) 5.760 10-13-27   19,433,000 19,226,184
CAMB Commercial Mortgage Trust    
Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) (B)(C) 5.623 12-15-37   6,315,000 6,061,643
Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) (B)(C) 6.423 12-15-37   12,809,000 12,028,418
Citigroup Commercial Mortgage Trust    
Series 2019-PRM, Class A (C) 3.341 05-10-36   19,515,000 19,142,845
Series 2019-SMRT, Class A (C) 4.149 01-10-36   10,996,000 10,693,391
COLT Mortgage Loan Trust    
Series 2021-2, Class A1 (C)(G) 0.924 08-25-66   18,845,402 15,291,668
Series 2021-3, Class A1 (C)(G) 0.956 09-27-66   26,081,509 20,754,311
Series 2021-HX1, Class A1 (C)(G) 1.110 10-25-66   20,970,329 16,891,877
COLT Trust    
Series 2020-RPL1, Class A1 (C)(G) 1.390 01-25-65   30,634,421 26,444,104
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)    
Series 2012-CR3, Class XA IO 1.688 10-15-45   24,673,663 957
Series 2014-CR15, Class XA IO 0.766 02-10-47   49,429,540 274,240
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG)    
Series 2018-COR3, Class XA IO 0.575 05-10-51   222,912,690 4,384,269
Commercial Mortgage Trust (Deutsche Bank AG)    
Series 2013-300P, Class D (C)(G) 4.540 08-10-30   18,413,000 16,781,454
Series 2017-PANW, Class A (C) 3.244 10-10-29   7,264,000 6,772,128
Series 2020-CBM, Class A2 (C) 2.896 02-10-37   14,666,000 13,492,012
Credit Suisse Mortgage Capital Certificates    
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 29

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%) (B)(C) 5.475 05-15-36   23,820,000 $23,038,980
Series 2020-NET, Class A (C) 2.257 08-15-37   7,038,652 6,288,448
Series 2021-NQM2, Class A1 (C)(G) 1.179 02-25-66   13,397,872 11,219,049
Series 2021-NQM3, Class A1 (C)(G) 1.015 04-25-66   11,976,077 9,738,655
Series 2021-NQM5, Class A1 (C)(G) 0.938 05-25-66   12,626,830 9,545,833
Series 2021-NQM6, Class A1 (C)(G) 1.174 07-25-66   21,730,486 17,303,708
Ellington Financial Mortgage Trust    
Series 2021-1, Class A1 (C)(G) 0.797 02-25-66   5,895,096 4,639,799
Series 2021-2, Class A1 (C)(G) 0.931 06-25-66   14,430,145 11,220,419
Flagstar Mortgage Trust    
Series 2021-1, Class A2 (C)(G) 2.500 02-01-51   27,493,639 22,308,503
GCAT Trust    
Series 2021-NQM1, Class A1 (C)(G) 0.874 01-25-66   9,619,468 8,097,411
Series 2021-NQM2, Class A1 (C)(G) 1.036 05-25-66   10,448,545 8,103,158
Series 2021-NQM3, Class A1 (C)(G) 1.091 05-25-66   16,675,020 13,389,945
GS Mortgage Securities Trust    
Series 2011-GC5, Class XA IO (C) 0.090 08-10-44   3,394,652 34
Series 2015-590M, Class C (C)(G) 3.932 10-10-35   6,950,000 6,013,255
Series 2017-485L, Class C (C)(G) 4.115 02-10-37   6,670,000 5,687,798
Series 2019-GC40, Class A2 2.971 07-10-52   22,410,000 21,439,885
Series 2020-UPTN, Class A (C) 2.751 02-10-37   13,326,000 12,195,341
GS Mortgage-Backed Securities Trust    
Series 2020-NQM1, Class A1 (C)(G) 1.382 09-27-60   3,287,287 2,983,591
Series 2021-NQM1, Class A1 (C)(G) 1.017 07-25-61   7,056,027 5,823,107
HarborView Mortgage Loan Trust    
Series 2007-3, Class ES IO (C) 0.350 05-19-47   17,808,585 208,271
Series 2007-4, Class ES IO 0.350 07-19-47   18,478,553 213,169
Series 2007-6, Class ES IO (C) 0.343 08-19-37   19,021,619 191,148
Imperial Fund Mortgage Trust    
Series 2021-NQM1, Class A1 (C)(G) 1.071 06-25-56   10,151,421 8,425,272
IMT Trust    
Series 2017-APTS, Class AFX (C) 3.478 06-15-34   7,744,000 7,360,688
Series 2017-APTS, Class CFX (C)(G) 3.613 06-15-34   6,867,000 6,439,870
InTown Mortgage Trust    
Series 2022-STAY, Class A (1 month CME Term SOFR + 2.489%) (B)(C) 6.283 08-15-39   32,450,000 32,124,711
Irvine Core Office Trust    
Series 2013-IRV, Class A2 (C)(G) 3.279 05-15-48   20,104,000 19,787,893
Series 2013-IRV, Class XA IO (C) 1.211 05-15-48   1,581,263 2,688
JPMorgan Chase Commercial Mortgage Securities Trust    
Series 2020-NNN, Class AFX (C) 2.812 01-16-37   15,435,000 13,986,064
KNDL Mortgage Trust    
Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) (B)(C) 5.223 05-15-36   11,580,000 11,229,345
Life Mortgage Trust    
Series 2021-BMR, Class A (1 month LIBOR + 0.700%) (B)(C) 4.575 03-15-38   23,224,636 22,321,690
30 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2021-BMR, Class D (1 month LIBOR + 1.400%) (B)(C) 5.275 03-15-38   19,530,634 $18,355,003
Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%) (B)(C) 5.089 05-15-39   54,728,000 53,081,913
MFA Trust    
Series 2021-NQM1, Class A1 (C)(G) 1.153 04-25-65   8,338,696 7,200,248
Natixis Commercial Mortgage Securities Trust    
Series 2018-285M, Class D (C)(G) 3.917 11-15-32   9,223,000 7,922,423
Series 2018-ALXA, Class C (C)(G) 4.460 01-15-43   7,402,000 6,313,060
NYMT Loan Trust    
Series 2022-CP1, Class A1 (C) 2.042 07-25-61   11,090,041 9,862,955
OBX Trust    
Series 2020-EXP2, Class A3 (C)(G) 2.500 05-25-60   6,104,598 4,882,170
Series 2021-NQM2, Class A1 (C)(G) 1.101 05-25-61   18,847,943 14,518,414
Series 2021-NQM3, Class A1 (C)(G) 1.054 07-25-61   23,092,224 17,327,574
One Market Plaza Trust    
Series 2017-1MKT, Class D (C) 4.146 02-10-32   5,035,000 4,637,312
Provident Funding Mortgage Trust    
Series 2020-F1, Class A2 (C)(G) 2.000 01-25-36   23,717,533 20,269,087
SLG Office Trust    
Series 2021-OVA, Class D (C) 2.851 07-15-41   22,906,000 17,060,691
SMRT    
Series 2022-MINI, Class A (1 month CME Term SOFR + 1.000%) (B)(C) 4.795 01-15-39   55,385,000 53,128,610
Starwood Mortgage Residential Trust    
Series 2022-1, Class A1 (C)(G) 2.447 12-25-66   24,213,278 20,185,509
Towd Point Mortgage Trust    
Series 2015-1, Class A5 (C)(G) 3.580 10-25-53   7,568,000 7,256,095
Series 2015-2, Class 1M2 (C)(G) 3.414 11-25-60   9,570,855 9,314,103
Series 2017-2, Class A1 (C)(G) 2.750 04-25-57   383,833 377,990
Series 2018-1, Class A1 (C)(G) 3.000 01-25-58   2,226,548 2,140,236
Series 2018-4, Class A1 (C)(G) 3.000 06-25-58   13,059,752 11,873,944
Series 2018-5, Class A1A (C)(G) 3.250 07-25-58   1,442,203 1,378,942
Series 2018-6, Class A1A (C)(G) 3.750 03-25-58   9,645,869 9,329,952
Series 2019-1, Class A1 (C)(G) 3.709 03-25-58   11,348,649 10,514,948
Series 2019-4, Class A1 (C)(G) 2.900 10-25-59   11,972,801 11,020,435
Series 2020-4, Class A1 (C) 1.750 10-25-60   17,876,257 15,733,207
Verus Securitization Trust    
Series 2020-5, Class A1 (1.218% to 10-1-24, then 2.218% thereafter) (C) 1.218 05-25-65   4,795,025 4,356,152
Series 2021-3, Class A1 (C)(G) 1.046 06-25-66   17,611,969 14,194,141
Series 2021-4, Class A1 (C)(G) 0.938 07-25-66   9,969,678 7,649,755
Series 2021-5, Class A1 (C)(G) 1.013 09-25-66   20,888,763 16,667,117
Series 2021-R1, Class A1 (C)(G) 0.820 10-25-63   7,485,738 6,506,178
WF-RBS Commercial Mortgage Trust    
Series 2012-C10, Class XA IO (C) 1.486 12-15-45   2,444,128 74
Series 2013-C16, Class XA IO 0.736 09-15-46   7,699,737 19,322
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 31

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency 2.2%     $438,929,486
Federal Home Loan Mortgage Corp.    
Series 2022-DNA1, Class M1A (1 month SOFR + 1.000%) (B)(C) 4.521 01-25-42   26,467,478 25,585,828
Series 2022-DNA2, Class M1A (1 month SOFR + 1.300%) (B)(C) 4.821 02-25-42   17,584,777 17,255,935
Series 2022-DNA2, Class M1B (1 month SOFR + 2.400%) (B)(C) 5.921 02-25-42   24,949,000 23,436,592
Series 2022-DNA3, Class M1A (1 month SOFR + 2.000%) (B)(C) 5.521 04-25-42   23,950,708 23,640,928
Series 2022-DNA3, Class M1B (1 month SOFR + 2.900%) (B)(C) 6.421 04-25-42   15,070,000 14,411,097
Series 2022-DNA4, Class M1A (1 month SOFR + 2.200%) (B)(C) 5.747 05-25-42   18,352,664 18,226,844
Series 2022-DNA4, Class M1B (1 month SOFR + 3.350%) (B)(C) 6.897 05-25-42   22,588,000 22,136,240
Series 2022-DNA5, Class M1B (1 month SOFR + 4.500%) (B)(C) 8.021 06-25-42   24,401,000 25,024,299
Series K038, Class X1 IO 1.234 03-25-24   168,491,101 1,732,324
Series KS03, Class X IO 0.311 08-25-25   17,443,450 88,590
Series T-41, Class 3A (G) 4.424 07-25-32   807 779
Federal National Mortgage Association    
Series 2001-50, Class BA 7.000 10-25-41   91 94
Series 2022-R03, Class 1M1 (1 month SOFR + 2.100%) (B)(C) 5.621 03-25-42   22,286,565 22,022,023
Series 2022-R04, Class 1M1 (1 month SOFR + 2.000%) (B)(C) 5.521 03-25-42   9,578,232 9,458,751
Series 427, Class C20 IO 2.000 02-25-51   146,731,978 17,936,752
Series 427, Class C77 IO 2.500 09-25-51   69,392,158 9,991,617
Government National Mortgage Association    
Series 2008-90, Class IO 2.010 12-16-50   2,043,867 261,685
Series 2012-114, Class IO 0.611 01-16-53   8,900,031 137,727
Series 2012-120, Class IO 0.646 02-16-53   4,097,653 65,769
Series 2012-70, Class IO 0.094 08-16-52   327,292 193
Series 2013-63, Class IO 0.723 09-16-51   6,145,904 132,576
Series 2016-174, Class IO 0.832 11-16-56   28,249,280 1,185,487
Series 2017-109, Class IO 0.272 04-16-57   48,226,085 1,016,066
Series 2017-124, Class IO 0.620 01-16-59   39,854,659 1,238,460
Series 2017-135, Class IO 0.721 10-16-58   51,422,123 2,159,035
Series 2017-140, Class IO 0.486 02-16-59   23,108,863 795,104
Series 2017-159, Class IO 0.434 06-16-59   34,505,009 1,168,688
Series 2017-169, Class IO 0.588 01-16-60   86,768,269 3,032,230
Series 2017-20, Class IO 0.537 12-16-58   80,248,493 2,170,609
Series 2017-22, Class IO 0.796 12-16-57   11,109,417 442,289
Series 2017-41, Class IO 0.606 07-16-58   32,759,560 964,353
Series 2017-46, Class IO 0.694 11-16-57   55,173,103 2,129,781
Series 2017-61, Class IO 0.746 05-16-59   19,699,637 766,726
Series 2017-74, Class IO 0.452 09-16-58   43,544,064 1,082,667
32 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series 2017-89, Class IO 0.503 07-16-59   37,121,141 $1,243,870
Series 2018-114, Class IO 0.710 04-16-60   38,475,034 1,603,859
Series 2018-158, Class IO 0.769 05-16-61   80,264,868 4,149,959
Series 2018-35, Class IO 0.528 03-16-60   75,394,905 2,893,310
Series 2018-43, Class IO 0.439 05-16-60   94,787,764 3,279,818
Series 2018-68, Class IO 0.425 01-16-60   13,021,455 450,773
Series 2018-69, Class IO 0.610 04-16-60   33,525,874 1,589,267
Series 2018-81, Class IO 0.475 01-16-60   20,954,746 859,847
Series 2018-9, Class IO 0.442 01-16-60   57,977,794 1,857,875
Series 2018-99, Class IO 0.471 06-16-60   50,589,021 1,922,656
Series 2019-131, Class IO 0.802 07-16-61   64,504,033 3,645,245
Series 2020-100, Class IO 0.782 05-16-62   76,500,481 4,626,703
Series 2020-108, Class IO 0.847 06-16-62   190,915,217 11,676,184
Series 2020-114, Class IO 0.800 09-16-62   183,459,724 11,565,558
Series 2020-118, Class IO 0.885 06-16-62   152,667,556 9,800,265
Series 2020-119, Class IO 0.601 08-16-62   77,059,102 3,996,401
Series 2020-120, Class IO 0.760 05-16-62   42,902,932 2,574,614
Series 2020-137, Class IO 0.794 09-16-62   258,986,454 15,127,969
Series 2020-150, Class IO 0.960 12-16-62   125,690,190 9,030,966
Series 2020-170, Class IO 0.833 11-16-62   169,065,230 11,018,218
Series 2020-92, Class IO 0.877 02-16-62   31,544,973 2,100,816
Series 2021-110, Class IO 0.872 01-16-63   92,020,951 6,112,041
Series 2021-110, Class IO 0.872 11-16-63   99,700,248 7,036,445
Series 2021-163, Class IO 0.797 03-16-64   121,929,968 7,918,803
Series 2021-3, Class IO 0.867 09-16-62   216,444,102 14,410,805
Series 2021-40, Class IO 0.824 02-16-63   57,829,212 3,811,905
Series 2022-150, Class IO 0.824 06-16-64   22,500,290 1,549,498
Series 2022-17, Class IO 0.802 06-16-64   141,445,904 9,668,931
Series 2022-181, Class IO 0.715 07-16-64   69,517,462 5,270,578
Series 2022-21, Class IO 0.783 10-16-63   62,127,110 4,114,362
Series 2022-53, Class IO 0.712 06-16-64   235,263,304 13,418,360
Series 2022-57, Class IO 0.756 09-16-63   171,250,914 10,905,447
Asset backed securities 8.6%         $1,721,380,678
(Cost $1,940,676,212)          
Asset backed securities 8.6%         1,721,380,678
ABPCI Direct Lending Fund I, Ltd.          
Series 2020-1A, Class A (C) 3.199 12-20-30   9,084,000 8,228,442
Aligned Data Centers Issuer LLC          
Series 2021-1A, Class A2 (C) 1.937 08-15-46   48,454,000 40,998,189
AMSR Trust          
Series 2020-SFR4, Class A (C) 1.355 11-17-37   9,927,000 8,768,991
Series 2021-SFR4, Class A (C) 2.117 12-17-38   5,614,000 4,796,593
Applebee’s Funding LLC          
Series 2019-1A, Class A2I (C) 4.194 06-05-49   31,476,060 29,789,321
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 33

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
Aqua Finance Trust          
Series 2021-A, Class A (C) 1.540 07-17-46   11,080,213 $10,119,475
Arby’s Funding LLC          
Series 2020-1A, Class A2 (C) 3.237 07-30-50   34,005,270 29,103,716
Avis Budget Rental Car Funding AESOP LLC          
Series 2019-3A, Class A (C) 2.360 03-20-26   30,746,000 28,540,513
Series 2020-1A, Class A (C) 2.330 08-20-26   23,406,000 21,444,537
BMW Vehicle Lease Trust          
Series 2022-1, Class A3 1.100 03-25-25   11,956,000 11,509,457
BRE Grand Islander Timeshare Issuer LLC          
Series 2019-A, Class A (C) 3.280 09-26-33   8,433,771 7,928,729
Carlyle U.S. CLO, Ltd.          
Series 2019-2A, Class A1R (3 month LIBOR + 1.120%) (B)(C) 5.199 07-15-32   15,033,000 14,633,468
CarMax Auto Owner Trust          
Series 2022-1, Class A3 1.470 12-15-26   16,354,000 15,432,084
CARS-DB4 LP          
Series 2020-1A, Class B1 (C) 4.170 02-15-50   21,876,000 19,938,541
CF Hippolyta Issuer LLC          
Series 2020-1, Class A1 (C) 1.690 07-15-60   33,214,636 29,398,945
Series 2021-1A, Class A1 (C) 1.530 03-15-61   31,945,875 27,553,346
Chase Auto Credit Linked Notes          
Series 2021-3, Class B (C) 0.760 02-26-29   11,264,164 10,577,041
CLI Funding VI LLC          
Series 2020-1A, Class A (C) 2.080 09-18-45   38,052,734 32,585,744
CLI Funding VIII LLC          
Series 2021-1A, Class A (C) 1.640 02-18-46   28,910,422 24,363,541
Series 2022-1A, Class A (C) 2.720 01-18-47   20,601,770 17,310,962
ContiMortgage Home Equity Loan Trust          
Series 1995-2, Class A5 8.100 08-15-25   71,664 53,813
DataBank Issuer          
Series 2021-1A, Class A2 (C) 2.060 02-27-51   16,189,140 13,962,492
Series 2021-1A, Class C (C) 4.430 02-27-51   3,400,000 2,838,761
DB Master Finance LLC          
Series 2017-1A, Class A2II (C) 4.030 11-20-47   11,796,713 10,674,527
Series 2021-1A, Class A2I (C) 2.045 11-20-51   51,755,220 44,367,059
Diamond Infrastructure Funding LLC          
Series 2021-1A, Class C (C) 3.475 04-15-49   6,825,000 5,292,897
Domino’s Pizza Master Issuer LLC          
Series 2017-1A, Class A23 (C) 4.118 07-25-47   35,311,080 32,379,236
Series 2021-1A, Class A2I (C) 2.662 04-25-51   24,332,455 20,352,687
Driven Brands Funding LLC          
Series 2020-2A, Class A2 (C) 3.237 01-20-51   21,270,143 17,576,901
Series 2021-1A, Class A2 (C) 2.791 10-20-51   30,611,790 24,260,425
Elmwood CLO IV, Ltd.          
Series 2020-1A, Class A (3 month LIBOR + 1.240%) (B)(C) 5.319 04-15-33   24,174,000 23,641,664
ExteNet LLC          
Series 2019-1A, Class C (C) 5.219 07-26-49   7,100,000 6,611,411
34 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
FirstKey Homes Trust          
Series 2020-SFR1, Class A (C) 1.339 08-17-37   39,155,014 $34,936,100
Series 2020-SFR2, Class A (C) 1.266 10-19-37   25,665,186 22,625,001
Series 2021-SFR1, Class A (C) 1.538 08-17-38   18,603,980 15,928,841
Series 2021-SFR1, Class D (C) 2.189 08-17-38   23,526,000 19,486,334
Five Guys Funding LLC          
Series 2017-1A, Class A2 (C) 4.600 07-25-47   16,985,988 15,976,408
Ford Credit Auto Owner Trust          
Series 2020-1, Class A (C) 2.040 08-15-31   20,485,000 19,019,597
Series 2022-A, Class A3 1.290 06-15-26   8,921,000 8,495,909
Ford Credit Floorplan Master Owner Trust          
Series 2019-2, Class A 3.060 04-15-26   44,953,000 43,403,434
Series 2020-2, Class A 1.060 09-15-27   20,465,000 18,305,451
GM Financial Consumer Automobile Receivables Trust          
Series 2021-4, Class A3 0.680 09-16-26   7,465,000 7,007,634
Series 2022-1, Class A3 1.260 11-16-26   7,727,000 7,340,784
GMF Floorplan Owner Revolving Trust          
Series 2019-2, Class A (C) 2.900 04-15-26   31,317,000 30,347,053
Series 2020-1, Class A (C) 0.680 08-15-25   15,128,000 14,636,131
Golub Capital Partners Funding, Ltd.          
Series 2020-1A, Class A2 (C) 3.208 01-22-29   22,181,000 20,384,760
Series 2021-1A, Class A2 (C) 2.773 04-20-29   24,582,000 22,184,522
HI-FI Music IP Issuer LP          
Series 2022-1A, Class A2 (C) 3.939 02-01-62   21,357,000 19,157,317
Hilton Grand Vacations Trust          
Series 2017-AA, Class A (C) 2.660 12-26-28   5,207,845 5,110,505
Series 2018-AA, Class A (C) 3.540 02-25-32   4,405,436 4,255,804
Series 2022-1D, Class B (C) 4.100 06-20-34   2,670,824 2,539,145
Home Partners of America Trust          
Series 2021-2, Class A (C) 1.901 12-17-26   10,741,687 9,258,344
Hotwire Funding LLC          
Series 2021-1, Class C (C) 4.459 11-20-51   4,950,000 4,094,148
Hyundai Auto Lease Securitization Trust          
Series 2022-A, Class A3 (C) 1.160 01-15-25   14,391,000 13,797,368
Jack in the Box Funding LLC          
Series 2019-1A, Class A23 (C) 4.970 08-25-49   8,583,120 7,593,898
Series 2022-1A, Class A2I (C) 3.445 02-26-52   27,769,120 24,161,384
Laurel Road Prime Student Loan Trust          
Series 2019-A, Class A2FX (C) 2.730 10-25-48   1,924,483 1,866,447
Mercedes-Benz Auto Receivables Trust          
Series 2021-1, Class A3 0.460 06-15-26   19,123,000 18,078,643
MVW Owner Trust          
Series 2018-1A, Class A (C) 3.450 01-21-36   8,427,165 8,145,906
Navient Private Education Loan Trust          
Series 2016-AA, Class A2A (C) 3.910 12-15-45   3,838,133 3,708,152
Navient Private Education Refi Loan Trust          
Series 2019-FA, Class A2 (C) 2.600 08-15-68   10,829,661 10,010,859
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 35

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
Navient Student Loan Trust          
Series 2020-2A, Class A1A (C) 1.320 08-26-69   18,503,301 $15,590,436
Neighborly Issuer LLC          
Series 2021-1A, Class A2 (C) 3.584 04-30-51   42,130,420 33,737,408
Series 2022-1A, Class A2 (C) 3.695 01-30-52   18,444,620 14,609,098
New Economy Assets Phase 1 Sponsor LLC          
Series 2021-1, Class A1 (C) 1.910 10-20-61   41,424,000 35,023,412
Series 2021-1, Class B1 (C) 2.410 10-20-61   12,548,000 10,332,531
NRZ Excess Spread-Collateralized Notes          
Series 2021-FHT1, Class A (C) 3.104 07-25-26   6,215,578 5,418,925
OCP CLO, Ltd.          
Series 2020-19A, Class AR (3 month LIBOR + 1.150%) (B)(C) 5.393 10-20-34   14,541,000 14,066,629
Oxford Finance Funding LLC          
Series 2019-1A, Class A2 (C) 4.459 02-15-27   5,108,302 5,059,106
Series 2020-1A, Class A2 (C) 3.101 02-15-28   1,991,135 1,967,226
PFS Financing Corp.          
Series 2020-E, Class A (C) 1.000 10-15-25   20,469,000 19,596,382
Progress Residential Trust          
Series 2020-SFR1, Class A (C) 1.732 04-17-37   15,512,955 14,140,403
Series 2021-SFR8, Class B (C) 1.681 10-17-38   13,890,000 11,505,172
Renaissance Home Equity Loan Trust          
Series 2005-2, Class AF4 4.934 08-25-35   2,369,497 2,277,792
Santander Retail Auto Lease Trust          
Series 2022-A, Class A3 (C) 1.340 07-21-25   11,616,000 10,947,285
Santander Revolving Auto Loan Trust          
Series 2019-A, Class A (C) 2.510 01-26-32   43,933,000 41,253,293
SCF Equipment Leasing LLC          
Series 2021-1A, Class E (C) 3.560 08-20-32   3,300,000 2,997,924
Sesac Finance LLC          
Series 2019-1, Class A2 (C) 5.216 07-25-49   30,284,685 27,917,361
Sierra Timeshare Receivables Funding LLC          
Series 2018-3A, Class D (C) 5.200 09-20-35   1,377,935 1,338,890
Series 2019-1A, Class A (C) 3.200 01-20-36   2,378,585 2,281,495
Series 2021-1A, Class D (C) 3.170 11-20-37   2,286,115 2,072,233
SMB Private Education Loan Trust          
Series 2019-B, Class A2A (C) 2.840 06-15-37   19,846,363 18,548,420
Series 2020-PTA, Class A2A (C) 1.600 09-15-54   18,995,501 16,732,776
Series 2021-A, Class APT2 (C) 1.070 01-15-53   13,167,500 11,055,304
Sonic Capital LLC          
Series 2020-1A, Class A2I (C) 3.845 01-20-50   27,073,818 23,950,203
Series 2021-1A, Class A2I (C) 2.190 08-20-51   22,769,223 18,119,907
Sunbird Engine Finance LLC          
Series 2020-1A, Class A (C) 3.671 02-15-45   8,713,389 6,928,136
Taco Bell Funding LLC          
Series 2021-1A, Class A2I (C) 1.946 08-25-51   44,848,980 37,843,973
TIF Funding II LLC          
Series 2021-1A, Class A (C) 1.650 02-20-46   18,779,796 15,174,376
Toyota Auto Loan Extended Note Trust          
Series 2019-1A, Class A (C) 2.560 11-25-31   63,477,000 60,772,328
36 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
Toyota Auto Receivables Owner Trust          
Series 2022-A, Class A3 1.230 06-15-26   24,038,000 $22,702,497
Triton Container Finance VIII LLC          
Series 2020-1A, Class A (C) 2.110 09-20-45   41,123,711 34,946,210
Series 2021-1A, Class A (C) 1.860 03-20-46   24,407,567 20,353,558
Vantage Data Centers LLC          
Series 2020-1A, Class A2 (C) 1.645 09-15-45   26,045,000 22,715,009
Series 2020-2A, Class A2 (C) 1.992 09-15-45   20,898,000 16,965,011
Verizon Master Trust          
Series 2022-2, Class A 1.530 07-20-28   20,071,000 18,685,069
VR Funding LLC          
Series 2020-1A, Class A (C) 2.790 11-15-50   28,478,633 25,092,213
VSE VOI Mortgage LLC          
Series 2017-A, Class A (C) 2.330 03-20-35   8,945,872 8,534,161
Wendy’s Funding LLC          
Series 2021-1A, Class A2I (C) 2.370 06-15-51   25,539,713 20,519,346
Willis Engine Structured Trust V          
Series 2020-A, Class A (C) 3.228 03-15-45   7,193,320 5,710,383
Zaxby’s Funding LLC          
Series 2021-1A, Class A2 (C) 3.238 07-30-51   20,958,700 17,009,410
    
        Shares Value
Common stocks 0.1%         $14,094,290
(Cost $26,895,162)          
Utilities 0.1%     14,094,290
Multi-utilities 0.1%      
Algonquin Power & Utilities Corp.     537,950 14,094,290
Preferred securities 0.1%         $23,188,008
(Cost $25,633,341)          
Communication services 0.0%     8,802,160
Wireless telecommunication services 0.0%      
Telephone & Data Systems, Inc., 6.625%   468,200 8,802,160
Financials 0.0%     2,545,709
Banks 0.0%      
Wells Fargo & Company, 7.500%   2,139 2,545,709
Utilities 0.1%     11,840,139
Multi-utilities 0.1%      
NiSource, Inc., 7.750%   111,900 11,840,139
    
        Par value^ Value
Escrow certificates 0.0%         $12,342
(Cost $0)          
LSC Communications, Inc. (C)(H)       19,591,000 12,342
    
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 37

    Yield (%)   Shares Value
Short-term investments 3.0%         $610,237,174
(Cost $610,093,472)          
Short-term funds 3.0%         610,237,174
John Hancock Collateral Trust (I) 3.8739(J)   61,062,187 610,237,174
    
Total investments (Cost $22,685,645,855) 102.1%     $20,511,595,142
Other assets and liabilities, net (2.1%)       (414,193,496)
Total net assets 100.0%         $20,097,401,646
    
  Rate (%) Maturity date   Par value^ Value
Sale commitments outstanding (0.0%)       $(6,977,301)
(Proceeds received $6,789,234)          
U.S. Government Agency (0.0%)       (6,977,301)
Federal National Mortgage Association (A) 5.000 TBA   (7,000,000) (6,977,301)
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME Chicago Mercantile Exchange
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.
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) Security purchased or sold on a when-issued or delayed delivery basis.
(B) Variable rate obligation. The coupon rate shown represents the rate at period end.
(C) These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $6,021,314,115 or 30.0% of the fund’s net assets as of 11-30-22.
(D) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E) Non-income producing - Issuer is in default.
(F) Term loans are variable rate obligations. The coupon 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) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(J) The rate shown is the annualized seven-day yield as of 11-30-22.
38 JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

DERIVATIVES
FUTURES
Open contracts Number of
contracts
Position Expiration
date
Notional
basis^
Notional
value^
Unrealized
appreciation
(depreciation)
U.S. Treasury Long Bond Futures 353 Long Mar 2023 $44,222,184 $44,831,000 $608,816
            $608,816
^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
At 11-30-22, the aggregate cost of investments for federal income tax purposes was $22,761,225,286. Net unrealized depreciation aggregated to $2,255,998,629, of which $132,846,134 related to gross unrealized appreciation and $2,388,844,763 related to gross unrealized depreciation.
See Notes to financial statements regarding investment transactions and other derivatives information.
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 39

Financial statements
STATEMENT OF ASSETS AND LIABILITIES 11-30-22 (unaudited)

Assets  
Unaffiliated investments, at value (Cost $22,075,552,383) $19,901,357,968
Affiliated investments, at value (Cost $610,093,472) 610,237,174
Total investments, at value (Cost $22,685,645,855) 20,511,595,142
Receivable for futures variation margin 121,330
Collateral held at broker for futures contracts 2,600,000
Dividends and interest receivable 159,996,023
Receivable for fund shares sold 69,027,252
Receivable for investments sold 43,214,464
Receivable for delayed delivery securities sold 252,470,625
Receivable for securities lending income 1,946
Other assets 2,400,900
Total assets 21,041,427,682
Liabilities  
Payable for sale commitments outstanding, at value (Proceeds received $6,789,234) 6,977,301
Due to custodian 6,882,607
Distributions payable 1,076,184
Payable for investments purchased 28,279,619
Payable for delayed delivery securities purchased 851,655,573
Payable for fund shares repurchased 45,720,439
Payable to affiliates  
Accounting and legal services fees 1,034,553
Transfer agent fees 750,347
Distribution and service fees 123,146
Trustees’ fees 3,902
Other liabilities and accrued expenses 1,522,365
Total liabilities 944,026,036
Net assets $20,097,401,646
Net assets consist of  
Paid-in capital $24,108,660,631
Total distributable earnings (loss) (4,011,258,985)
Net assets $20,097,401,646
 
40 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

STATEMENT OF ASSETS AND LIABILITIES  (continued)

Net asset value per share  
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value  
Class A ($1,698,196,889 ÷ 126,518,339 shares)1 $13.42
Class C ($128,899,554 ÷ 9,603,092 shares)1 $13.42
Class I ($4,842,448,471 ÷ 360,735,789 shares) $13.42
Class R2 ($53,532,002 ÷ 3,983,459 shares) $13.44
Class R4 ($70,610,555 ÷ 5,252,682 shares) $13.44
Class R6 ($9,845,353,056 ÷ 732,130,043 shares) $13.45
Class NAV ($3,458,361,119 ÷ 257,278,971 shares) $13.44
Maximum offering price per share  
Class A (net asset value per share ÷ 96%)2 $13.98
    
1 Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge.
2 On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced.
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 41

STATEMENT OF OPERATIONS For the six months ended 11-30-22 (unaudited)

Investment income  
Interest $401,214,407
Dividends from affiliated investments 7,753,024
Dividends 2,159,641
Securities lending 212,590
Less foreign taxes withheld (132,412)
Total investment income 411,207,250
Expenses  
Investment management fees 32,374,742
Distribution and service fees 3,669,011
Accounting and legal services fees 1,570,189
Transfer agent fees 4,654,633
Trustees’ fees 201,012
Custodian fees 1,048,409
State registration fees 223,670
Printing and postage 434,757
Professional fees 352,830
Other 614,843
Total expenses 45,144,096
Less expense reductions (898,165)
Net expenses 44,245,931
Net investment income 366,961,319
Realized and unrealized gain (loss)  
Net realized gain (loss) on  
Unaffiliated investments (954,571,553)
Affiliated investments (447,788)
Futures contracts (8,577,413)
  (963,596,754)
Change in net unrealized appreciation (depreciation) of  
Unaffiliated investments (412,908,917)
Affiliated investments 126,354
Futures contracts 2,813,075
  (409,969,488)
Net realized and unrealized loss (1,373,566,242)
Decrease in net assets from operations $(1,006,604,923)
42 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

STATEMENTS OF CHANGES IN NET ASSETS  

  Six months ended
11-30-22
(unaudited)
Year ended
5-31-22
Increase (decrease) in net assets    
From operations    
Net investment income $366,961,319 $699,888,088
Net realized loss (963,596,754) (547,584,910)
Change in net unrealized appreciation (depreciation) (409,969,488) (2,301,596,492)
Decrease in net assets resulting from operations (1,006,604,923) (2,149,293,314)
Distributions to shareholders    
From earnings    
Class A (32,100,511) (77,534,219)
Class C (2,104,719) (6,130,537)
Class I (98,660,438) (245,100,676)
Class R2 (1,005,936) (3,147,279)
Class R4 (1,431,449) (2,852,798)
Class R6 (201,365,997) (453,555,668)
Class NAV (71,365,925) (171,035,504)
Total distributions (408,034,975) (959,356,681)
From fund share transactions (358,928,726) 1,386,551,880
Total decrease (1,773,568,624) (1,722,098,115)
Net assets    
Beginning of period 21,870,970,270 23,593,068,385
End of period $20,097,401,646 $21,870,970,270
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 43

Financial highlights
CLASS A SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.34 $16.32 $16.37 $15.83 $15.41 $15.93
Net investment income2 0.22 0.41 0.44 0.45 0.49 0.46
Net realized and unrealized gain (loss) on investments (0.89) (1.82) 0.19 0.68 0.46 (0.47)
Total from investment operations (0.67) (1.41) 0.63 1.13 0.95 (0.01)
Less distributions            
From net investment income (0.25) (0.48) (0.50) (0.49) (0.53) (0.51)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.25) (0.57) (0.68) (0.59) (0.53) (0.51)
Net asset value, end of period $13.42 $14.34 $16.32 $16.37 $15.83 $15.41
Total return (%)3,4 (4.70)5 (8.89) 3.83 7.22 6.33 (0.11)
Ratios and supplemental data            
Net assets, end of period (in millions) $1,698 $1,903 $2,139 $2,100 $1,688 $1,488
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.776 0.76 0.78 0.79 0.78 0.81
Expenses including reductions 0.776 0.76 0.77 0.78 0.78 0.79
Net investment income 3.216 2.56 2.65 2.82 3.21 2.93
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Does not reflect the effect of sales charges, if any.
5 Not annualized.
6 Annualized.
44 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS C SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.34 $16.32 $16.37 $15.84 $15.41 $15.93
Net investment income2 0.17 0.29 0.32 0.34 0.39 0.35
Net realized and unrealized gain (loss) on investments (0.89) (1.81) 0.19 0.66 0.46 (0.47)
Total from investment operations (0.72) (1.52) 0.51 1.00 0.85 (0.12)
Less distributions            
From net investment income (0.20) (0.37) (0.38) (0.37) (0.42) (0.40)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.20) (0.46) (0.56) (0.47) (0.42) (0.40)
Net asset value, end of period $13.42 $14.34 $16.32 $16.37 $15.84 $15.41
Total return (%)3,4 (5.04)5 (9.53) 3.10 6.41 5.66 (0.80)
Ratios and supplemental data            
Net assets, end of period (in millions) $129 $164 $239 $278 $252 $269
Ratios (as a percentage of average net assets):            
Expenses before reductions 1.476 1.46 1.48 1.49 1.48 1.51
Expenses including reductions 1.476 1.46 1.47 1.48 1.48 1.49
Net investment income 2.506 1.85 1.94 2.11 2.51 2.23
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Does not reflect the effect of sales charges, if any.
5 Not annualized.
6 Annualized.
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 45

CLASS I SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.35 $16.33 $16.37 $15.84 $15.41 $15.93
Net investment income2 0.24 0.45 0.49 0.50 0.53 0.50
Net realized and unrealized gain (loss) on investments (0.90) (1.81) 0.20 0.67 0.47 (0.47)
Total from investment operations (0.66) (1.36) 0.69 1.17 1.00 0.03
Less distributions            
From net investment income (0.27) (0.53) (0.55) (0.54) (0.57) (0.55)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.27) (0.62) (0.73) (0.64) (0.57) (0.55)
Net asset value, end of period $13.42 $14.35 $16.33 $16.37 $15.84 $15.41
Total return (%)3 (4.62)4 (8.61) 4.20 7.47 6.70 0.19
Ratios and supplemental data            
Net assets, end of period (in millions) $4,842 $5,375 $6,244 $4,693 $2,928 $2,236
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.475 0.46 0.48 0.49 0.50 0.51
Expenses including reductions 0.475 0.46 0.47 0.48 0.49 0.49
Net investment income 3.505 2.86 2.95 3.11 3.48 3.19
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
46 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS R2 SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.36 $16.34 $16.39 $15.85 $15.42 $15.95
Net investment income2 0.21 0.39 0.43 0.44 0.48 0.45
Net realized and unrealized gain (loss) on investments (0.89) (1.81) 0.18 0.67 0.47 (0.49)
Total from investment operations (0.68) (1.42) 0.61 1.11 0.95 (0.04)
Less distributions            
From net investment income (0.24) (0.47) (0.48) (0.47) (0.52) (0.49)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.24) (0.56) (0.66) (0.57) (0.52) (0.49)
Net asset value, end of period $13.44 $14.36 $16.34 $16.39 $15.85 $15.42
Total return (%)3 (4.73)4 (8.96) 3.73 7.12 6.29 (0.27)
Ratios and supplemental data            
Net assets, end of period (in millions) $54 $65 $111 $105 $86 $83
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.865 0.86 0.87 0.87 0.88 0.92
Expenses including reductions 0.855 0.85 0.86 0.87 0.88 0.89
Net investment income 3.125 2.44 2.56 2.73 3.11 2.84
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 47

CLASS R4 SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.37 $16.35 $16.39 $15.86 $15.43 $15.95
Net investment income2 0.23 0.44 0.47 0.48 0.52 0.49
Net realized and unrealized gain (loss) on investments (0.90) (1.82) 0.19 0.66 0.47 (0.48)
Total from investment operations (0.67) (1.38) 0.66 1.14 0.99 0.01
Less distributions            
From net investment income (0.26) (0.51) (0.52) (0.51) (0.56) (0.53)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.26) (0.60) (0.70) (0.61) (0.56) (0.53)
Net asset value, end of period $13.44 $14.37 $16.35 $16.39 $15.86 $15.43
Total return (%)3 (4.68)4 (8.72) 4.05 7.32 6.55 0.05
Ratios and supplemental data            
Net assets, end of period (in millions) $71 $81 $62 $55 $44 $39
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.715 0.71 0.72 0.72 0.74 0.76
Expenses including reductions 0.605 0.60 0.61 0.62 0.63 0.64
Net investment income 3.375 2.76 2.81 2.99 3.36 3.09
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
48 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS R6 SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.37 $16.35 $16.40 $15.86 $15.43 $15.96
Net investment income2 0.25 0.47 0.51 0.52 0.55 0.53
Net realized and unrealized gain (loss) on investments (0.89) (1.81) 0.19 0.67 0.47 (0.49)
Total from investment operations (0.64) (1.34) 0.70 1.19 1.02 0.04
Less distributions            
From net investment income (0.28) (0.55) (0.57) (0.55) (0.59) (0.57)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.28) (0.64) (0.75) (0.65) (0.59) (0.57)
Net asset value, end of period $13.45 $14.37 $16.35 $16.40 $15.86 $15.43
Total return (%)3 (4.49)4 (8.50) 4.25 7.65 6.81 0.23
Ratios and supplemental data            
Net assets, end of period (in millions) $9,845 $10,523 $10,341 $7,305 $6,560 $5,944
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.375 0.36 0.37 0.37 0.39 0.42
Expenses including reductions 0.365 0.35 0.36 0.37 0.38 0.39
Net investment income 3.625 2.97 3.05 3.22 3.61 3.37
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
SEE NOTES TO FINANCIAL STATEMENTS SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 49

CLASS NAV SHARES Period ended 11-30-221 5-31-22 5-31-21 5-31-20 5-31-19 5-31-18
Per share operating performance            
Net asset value, beginning of period $14.37 $16.35 $16.39 $15.86 $15.43 $15.95
Net investment income2 0.25 0.47 0.51 0.52 0.56 0.53
Net realized and unrealized gain (loss) on investments (0.90) (1.81) 0.20 0.67 0.47 (0.48)
Total from investment operations (0.65) (1.34) 0.71 1.19 1.03 0.05
Less distributions            
From net investment income (0.28) (0.55) (0.57) (0.56) (0.60) (0.57)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.28) (0.64) (0.75) (0.66) (0.60) (0.57)
Net asset value, end of period $13.44 $14.37 $16.35 $16.39 $15.86 $15.43
Total return (%)3 (4.56)4 (8.49) 4.32 7.60 6.83 0.30
Ratios and supplemental data            
Net assets, end of period (in millions) $3,458 $3,759 $4,458 $3,739 $4,461 $1,959
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.365 0.35 0.36 0.36 0.37 0.40
Expenses including reductions 0.355 0.34 0.35 0.35 0.37 0.38
Net investment income 3.635 2.98 3.07 3.23 3.63 3.34
Portfolio turnover (%) 53 110 98 125 106 74
    
1 Six months ended 11-30-22. Unaudited.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
50 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

Notes to financial statements (unaudited)
Note 1Organization
John Hancock Bond Fund (the fund) is a series of John Hancock Sovereign Bond Fund (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek a high level of current income consistent with prudent investment risk.
The fund may offer multiple classes of shares. The shares currently outstanding are detailed in the Statement of assets and liabilities. Class A and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class R2 and Class R4 shares are available only to certain retirement and 529 plans. Class R6 shares are only available to certain retirement plans, institutions and other investors. Class NAV shares are offered to John Hancock affiliated funds of funds, retirement plans for employees of John Hancock and/or Manulife Financial Corporation, and certain 529 plans. Class C shares convert to Class A shares eight years after purchase (certain exclusions may apply). Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, if any, and transfer agent fees for each class may differ.
Note 2Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.
Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the fund:
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Advisor’s Valuation Policies and Procedures.
In order to value the securities, the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. 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.
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.
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 51

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.
The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the values by input classification of the fund’s investments as of November 30, 2022, by major security category or type:
  Total
value at
11-30-22
Level 1
quoted
price
Level 2
significant
observable
inputs
Level 3
significant
unobservable
inputs
Investments in securities:        
Assets        
U.S. Government and Agency obligations $7,587,210,683 $7,587,210,683
Foreign government obligations 29,694,012 29,694,012
Corporate bonds 8,755,038,927 8,755,038,927
Municipal bonds 43,829,571 43,829,571
Term loans 59,349,563 59,349,563
Collateralized mortgage obligations 1,667,559,894 1,667,559,894
Asset backed securities 1,721,380,678 1,721,380,678
Common stocks 14,094,290 $14,094,290
Preferred securities 23,188,008 23,188,008
Escrow certificates 12,342 12,342
Short-term investments 610,237,174 610,237,174
Total investments in securities $20,511,595,142 $647,519,472 $19,864,075,670
Liabilities        
Sale commitments outstanding $(6,977,301) $(6,977,301)
Derivatives:        
Assets        
Futures 608,816 $608,816
52 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT  

When-issued/delayed-delivery securities. The fund may purchase or sell debt securities on a when-issued or delayed-delivery basis, or in a “To Be Announced” (TBA) or “forward commitment” transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the portfolio or in a schedule to the portfolio (Sale Commitments Outstanding). At the time a fund enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in its NAV. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues until settlement takes place. At the time that the fund enters into this type of transaction, the fund is required to have sufficient cash and/or liquid securities to cover its commitments.
Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer’s failure to issue the securities due to political, economic or other factors. Additionally, losses may arise due to changes in the value of the securities purchased or sold prior to settlement date.
Mortgage and asset backed securities. The fund may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund’s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund’s cash available for reinvestment in higher yielding securities. The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g. FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The fund is also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.
Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.
Securities lending. The fund may lend its securities to earn additional income. The fund receives collateral from the borrower in an amount not less than the market value of the loaned securities. The fund may invest its cash collateral in JHCT, an affiliate of the fund, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a prime money market fund and invests in
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 53

short-term money market investments. The fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.
The fund has the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the fund for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.
Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the fund could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the fund will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The fund receives compensation for lending its securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the fund is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statement of operations. As of November 30, 2022, there were no securities on loan.
Foreign taxes. The fund may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the fund as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.
Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund’s custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law. Overdrafts at period end are presented under the caption Due to custodian in the Statement of assets and liabilities.
Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit. Excluding commitments designated for a certain fund and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement. A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on a combination of fixed and asset-based allocations and is reflected in Other expenses on the Statement of operations. For the six months ended November 30, 2022, the fund had no borrowings under the line of credit. Commitment fees for the six months ended November 30, 2022 were $38,841.
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
54 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT  

Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.
Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
As of May 31, 2022, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund’s federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.
Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares dividends daily and pays them monthly. Capital gain distributions, if any, are typically distributed annually.
Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class.
Such distributions, on a tax basis, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund’s financial statements as a return of capital. The final determination of tax characteristics of the fund’s distribution will occur at the end of the year and will subsequently be reported to shareholders.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to amortization and accretion on debt securities.
Note 3Derivative instruments
The fund may invest in derivatives in order to meet its investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the fund is exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.
Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the fund and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.
Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Futures are traded on an exchange and cleared through a central clearinghouse. Risks related to the use of futures contracts include possible illiquidity of the futures markets and contract prices that can be highly volatile and imperfectly correlated to movements in the underlying financial instrument and potential losses in excess of the amounts recognized on the Statement of assets and liabilities. Use of long futures contracts subjects the fund to the risk of loss up to the notional value of the futures contracts. Use of short futures contracts subjects the fund to unlimited risk of loss.
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 55

Upon entering into a futures contract, the fund is required to deposit initial margin with the broker in the form of cash or securities. The amount of required margin is set by the broker and is generally based on a percentage of the contract value. The margin deposit must then be maintained at the established level over the life of the contract. Cash that has been pledged by the fund, if any, is detailed in the Statement of assets and liabilities as Collateral held at broker for futures contracts. Securities pledged by the fund, if any, are identified in the Fund’s investments. Subsequent payments, referred to as variation margin, are made or received by the fund periodically and are based on changes in the market value of open futures contracts. Futures contracts are marked-to-market daily and unrealized gain or loss is recorded by the fund. Receivable for futures variation margin is included on the Statement of assets and liabilities. When the contract is closed, the fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
During the six months ended November 30, 2022, the fund used futures contracts to manage the duration of the fund. The fund held futures contracts with USD notional values ranging from $44.8 million to $164.5 million, as measured at each quarter end.
Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the fund at November 30, 2022 by risk category:
Risk Statement of assets
and liabilities
location
Financial
instruments
location
Assets
derivatives
fair value
Liabilities
derivatives
fair value
Interest rate Receivable/payable for futures variation margin1 Futures $608,816
    
1 Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the period end variation margin receivable/payable is separately reported on the Statement of assets and liabilities.
Effect of derivative instruments on the Statement of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six months ended November 30, 2022:
  Statement of operations location - Net realized gain (loss) on:
Risk Futures contracts
Interest rate $(8,577,413)
The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six months ended November 30, 2022:
  Statement of operations location - Change in net unrealized appreciation (depreciation) of:
Risk Futures contracts
Interest rate $2,813,075
Note 4Guarantees and indemnifications
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.
56 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT  

Note 5Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. John Hancock Investment Management Distributors LLC (the Distributor), an affiliate of the Advisor, serves as principal underwriter of the fund. The Advisor and the Distributor are indirect, principally owned subsidiaries of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation.
Management fee. The fund has an investment management agreement with the Advisor under which the fund pays a daily management fee to the Advisor, equivalent on an annual basis, to the sum of: (a) 0.450% of the first $500 million of the fund’s aggregate average daily net assets, (b) 0.425% of the next $500 million of the fund’s aggregate average daily net assets, (c) 0.400% of the next $1 billion of the fund’s aggregate average daily net assets, (d) 0.350% of the next $500 million of the fund’s aggregate average daily net assets; and (e) 0.300% of the fund’s aggregate average daily net assets in excess of $2.5 billion. Aggregate net assets include the net assets of the fund and certain assets of Multi-Asset High Income Fund, a series of John Hancock Funds II, as defined in the advisory agreement. The Advisor has a subadvisory agreement with Manulife Investment Management (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The fund is not responsible for payment of the subadvisory fees.
The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the six months ended November 30, 2022, this waiver amounted to 0.01% of the fund’s average daily net assets, on an annualized basis. This arrangement expires on July 31, 2024, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
For the six months ended November 30, 2022, the expense reductions described above amounted to the following:
Class Expense reduction
Class A $74,015
Class C 6,037
Class I 210,336
Class R2 2,372
Class Expense reduction
Class R4 $3,158
Class R6 416,912
Class NAV 147,330
Total $860,160
 
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the six months ended November 30, 2022, were equivalent to a net annual effective rate of 0.30% of the fund’s average daily net assets.
Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These expenses are allocated to each share class based on its relative net assets at the time the expense was incurred. These accounting and legal services fees incurred, for the six months ended November 30, 2022, amounted to an annual rate of 0.02% of the fund’s average daily net assets.
Distribution and service plans. The fund has a distribution agreement with the Distributor. The fund has adopted distribution and service plans for certain classes as detailed below pursuant to Rule 12b-1 under the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the fund. In addition, under a service plan for certain classes as detailed below, the fund pays for certain other services. The fund may pay up to
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 57

the following contractual rates of distribution and service fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the fund’s shares:
Class Rule 12b-1 Fee Service fee
Class A 0.30%
Class C 1.00%
Class R2 0.25% 0.25%
Class R4 0.25% 0.10%
The fund’s Distributor has contractually agreed to waive 0.10% of Rule12b-1 fees for Class R4 shares. The current waiver agreement expires on September 30, 2023, unless renewed by mutual agreement of the fund and the Distributor based upon a determination that this is appropriate under the circumstances at the time. This contractual waiver amounted to $38,005 for Class R4 shares for the six months ended November 30, 2022.
Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $455,386 for the six months ended November 30, 2022. Of this amount, $63,370 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $392,016 was paid as sales commissions to broker-dealers.
Class A and Class C shares may be subject to contingent deferred sales charges (CDSCs). Certain Class A shares purchased, including those that are acquired through purchases of $1 million or more, and redeemed within one year of purchase are subject to a 1.00% sales charge. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC. CDSCs are applied to the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended November 30, 2022, CDSCs received by the Distributor amounted to $24,048 and $5,557 for Class A and Class C shares, respectively.
Transfer agent fees. The John Hancock group of funds has a complex-wide transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services), an affiliate of the Advisor. The transfer agent fees paid to Signature Services are determined based on the cost to Signature Services (Signature Services Cost) of providing recordkeeping services. It also includes out-of-pocket expenses, including payments made to third-parties for recordkeeping services provided to their clients who invest in one or more John Hancock funds. In addition, Signature Services Cost may be reduced by certain fees that Signature Services receives in connection with retirement and small accounts. Signature Services Cost is calculated monthly and allocated, as applicable, to five categories of share classes: Retail Share and Institutional Share Classes of Non-Municipal Bond Funds, Class R6 Shares, Retirement Share Classes and Municipal Bond Share Classes. Within each of these categories, the applicable costs are allocated to the affected John Hancock affiliated funds and/or classes, based on the relative average daily net assets.
Class level expenses. Class level expenses for the six months ended November 30, 2022 were as follows:
Class Distribution and service fees Transfer agent fees
Class A $2,671,803 $1,059,623
Class C 725,580 86,356
Class I 3,011,925
Class R2 140,397 2,795
Class R4 131,231 3,712
Class R6 490,222
Total $3,669,011 $4,654,633
58 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT  

Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.
Note 6Fund share transactions
Transactions in fund shares for the six months ended November 30, 2022 and for the year ended May 31, 2022 were as follows:
  Six Months Ended 11-30-22 Year Ended 5-31-22
  Shares Amount Shares Amount
Class A shares        
Sold 11,426,555 $155,796,727 26,471,650 $420,880,342
Distributions reinvested 2,291,883 31,139,968 4,739,752 75,056,680
Repurchased (19,875,948) (270,137,697) (29,571,430) (461,632,481)
Net increase (decrease) (6,157,510) $(83,201,002) 1,639,972 $34,304,541
Class C shares        
Sold 408,040 $5,574,884 1,125,061 $18,041,512
Distributions reinvested 146,093 1,986,302 365,947 5,812,293
Repurchased (2,414,116) (32,736,350) (4,677,838) (73,548,592)
Net decrease (1,859,983) $(25,175,164) (3,186,830) $(49,694,787)
Class I shares        
Sold 86,265,955 $1,179,357,047 153,870,329 $2,428,787,996
Distributions reinvested 6,897,410 93,710,708 14,566,680 230,704,012
Repurchased (107,113,383) (1,457,013,337) (176,193,547) (2,736,245,000)
Net decrease (13,950,018) $(183,945,582) (7,756,538) $(76,752,992)
Class R2 shares        
Sold 325,606 $4,449,457 1,187,593 $19,052,306
Distributions reinvested 53,238 724,695 148,465 2,371,194
Repurchased (923,359) (12,644,428) (3,573,485) (57,315,979)
Net decrease (544,515) $(7,470,276) (2,237,427) $(35,892,479)
Class R4 shares        
Sold 270,948 $3,684,791 2,382,827 $38,238,204
Distributions reinvested 105,198 1,431,383 180,798 2,850,493
Repurchased (756,120) (10,232,602) (714,706) (11,228,491)
Net increase (decrease) (379,974) $(5,116,428) 1,848,919 $29,860,206
Class R6 shares        
Sold 75,949,857 $1,041,811,887 213,638,574 $3,417,996,846
Distributions reinvested 14,720,770 200,368,549 28,483,472 451,151,271
Repurchased (90,757,770) (1,236,794,263) (142,198,884) (2,211,545,432)
Net increase (decrease) (87,143) $5,386,173 99,923,162 $1,657,602,685
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 59

  Six Months Ended 11-30-22 Year Ended 5-31-22
  Shares Amount Shares Amount
Class NAV shares        
Sold 5,035,954 $70,465,718 6,120,924 $96,971,135
Distributions reinvested 5,245,256 71,365,925 10,784,239 171,035,504
Repurchased (14,691,828) (201,238,090) (27,916,110) (440,881,933)
Net decrease (4,410,618) $(59,406,447) (11,010,947) $(172,875,294)
Total net increase (decrease) (27,389,761) $(358,928,726) 79,220,311 $1,386,551,880
Affiliates of the fund owned 100% of shares of Class NAV on November 30, 2022. Such concentration of shareholders’ capital could have a material effect on the fund if such shareholders redeem from the fund.
Note 7Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and U.S. Treasury obligations, amounted to $3,863,299,739 and $4,852,342,091, respectively, for the six months ended November 30, 2022. Purchases and sales of U.S. Treasury obligations aggregated $6,884,448,080 and $6,214,448,091, respectively, for the six months ended November 30, 2022.
Note 8Investment by affiliated funds
Certain investors in the fund are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the fund’s net assets. At November 30, 2022, funds within the John Hancock group of funds complex held 17.2% of the fund’s net assets. There were no individual affiliated funds with an ownership of 5% or more of the fund’s net assets.
Note 9Investment in affiliated underlying funds
The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund’s fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:
              Dividends and distributions
Affiliate Ending
share
amount
Beginning
value
Cost of
purchases
Proceeds
from shares
sold
Realized
gain
(loss)
Change in
unrealized
appreciation
(depreciation)
Income
distributions
received
Capital gain
distributions
received
Ending
value
John Hancock Collateral Trust* 61,062,187 $92,648,841 $4,362,966,209 $(3,845,056,442) $(447,788) $126,354 $7,965,614 $610,237,174
    
* Refer to the Securities lending note within Note 2 for details regarding this investment.
Note 10LIBOR discontinuation risk
LIBOR (London Interbank Offered Rate) is a measure of the average interest rate at which major global banks can borrow from one another. Following allegations of rate manipulation and concerns regarding its thin liquidity, in July 2017, the U.K. Financial Conduct Authority, which regulates LIBOR, announced that it will stop encouraging banks to provide the quotations needed to sustain LIBOR. As market participants transition away from LIBOR, LIBOR’s usefulness may deteriorate and these effects could be experienced until the permanent cessation of the
60 JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT  

majority of U.S. LIBOR rates in 2023. The transition process may lead to increased volatility and illiquidity in markets that currently rely on LIBOR to determine interest rates. LIBOR’s deterioration may adversely affect the liquidity and/or market value of securities that use LIBOR as a benchmark interest rate.
The ICE Benchmark Administration Limited, the administrator of LIBOR, ceased publishing certain LIBOR maturities, including some U.S. LIBOR maturities, on December 31, 2021, and is expected to cease publishing the remaining and most liquid U.S. LIBOR maturities on June 30, 2023. It is expected that market participants have or will transition to the use of alternative reference or benchmark rates prior to the applicable LIBOR publication cessation date. Additionally, although regulators have encouraged the development and adoption of alternative rates such as the Secured Overnight Financing Rate ("SOFR"), the future utilization of LIBOR or of any particular replacement rate remains uncertain.
The impact on the transition away from LIBOR referenced financial instruments remains uncertain. It is expected that market participants will adopt alternative rates such as SOFR or otherwise amend such financial instruments to include fallback provisions and other measures that contemplate the discontinuation of LIBOR. Uncertainty and risk remain regarding the willingness and ability of issuers and lenders to include alternative rates and revised provisions in new and existing contracts or instruments. To facilitate the transition of legacy derivatives contracts referencing LIBOR, the International Swaps and Derivatives Association, Inc. launched a protocol to incorporate fallback provisions. There are obstacles to converting certain longer term securities to a new benchmark or benchmarks and the effectiveness of one versus multiple alternative reference rates has not been determined. Certain proposed replacement rates, such as SOFR, are materially different from LIBOR, and will require changes to the applicable spreads. Furthermore, the risks associated with the conversion from LIBOR may be exacerbated if an orderly transition is not completed in a timely manner.
Note 11Coronavirus (COVID-19) pandemic
The COVID-19 disease has resulted in significant disruptions to global business activity. A widespread health crisis such as a global pandemic could cause substantial market volatility, exchange-trading suspensions, and closures, which may lead to less liquidity in certain instruments, industries, sectors or the markets generally, and may ultimately affect fund performance.
Note 12New accounting pronouncement
In March 2020, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU), ASU 2020-04, which provides optional, temporary relief with respect to the financial reporting of contracts subject to certain types of modifications due to the planned discontinuation of the LIBOR and other IBOR-based reference rates as of the end of 2021. The temporary relief provided by ASU 2020-04 is effective for certain reference rate-related contract modifications that occur during the period March 12, 2020 through December 31, 2024. Management expects that the adoption of the guidance will not have a material impact to the financial statements.
  SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund 61

SHAREHOLDER MEETING

(Unaudited)
The fund held a Special Joint Meeting of Shareholders on Friday, September 9, 2022. The following proposal was considered by the shareholders:
Proposal: To elect eight Trustees as members of the Board of Trustees of each of the Trusts.
THE PROPOSAL PASSED ON September 9, 2022.
  Total votes
for the nominee
Total votes withheld
from the nominee
Independent Trustees    
James R. Boyle 1,291,129,397.189 23,719,175.623
Noni L. Ellison 1,291,132,278.619 23,716,294.193
Dean C. Garfield 1,290,946,865.206 23,901,707.606
Patricia Lizarraga 1,291,670,173.448 23,178,399.364
Frances G. Rathke 1,291,227,783.022 23,620,789.790
    
Non-Independent Trustees    
Andrew G. Arnott 1,291,201,209.748 23,647,363.064
Marianne Harrison 1,291,469,912.890 23,378,659.922
Paul Lorentz 1,291,094,389.496 23,754,183.316
62 JOHN HANCOCK BOND FUND  | SEMIANNUAL REPORT  

EVALUATION OF ADVISORY AND SUBADVISORY AGREEMENTS BY THE BOARD OF TRUSTEES

This section describes the evaluation by the Board of Trustees (the Board) of John Hancock Sovereign Bond Fund (the Trust) of the Advisory Agreement (the Advisory Agreement) with John Hancock Investment Management LLC (the Advisor) and the Subadvisory Agreement (the Subadvisory Agreement) with Manulife Investment Management (US) LLC (the Subadvisor), for John Hancock Bond Fund (the fund). The Advisory Agreement and Subadvisory Agreement are collectively referred to as the Agreements. Prior to the June 21-23, 2022 videoconference1 meeting at which the Agreements were approved, the Board also discussed and considered information regarding the proposed continuation of the Agreements at a videoconference meeting held on May 24-25, 2022. The Trustees who are not "interested persons" of the Trust as defined by the Investment Company Act of 1940, as amended (the "1940 Act") (the "Independent Trustees") also met separately to evaluate and discuss the information presented, including with counsel to the Independent Trustees and a third-party consulting firm.
Approval of Advisory and Subadvisory Agreements
At videoconference meetings held on June 21-23, 2022, the Board, including the Trustees who are not parties to any Agreement or considered to be interested persons of the Trust under the 1940 Act, reapproved for an annual period the continuation of the Advisory Agreement between the Trust and the Advisor and the Subadvisory Agreement between the Advisor and the Subadvisor with respect to the fund.
In considering the Advisory Agreement and the Subadvisory Agreement, the Board received in advance of the meetings a variety of materials relating to the fund, the Advisor and the Subadvisor, including comparative performance, fee and expense information for a peer group of similar funds prepared by an independent third-party provider of fund data, performance information for an applicable benchmark index; and, with respect to the Subadvisor, comparative performance information for comparably managed accounts, as applicable, and other information provided by the Advisor and the Subadvisor regarding the nature, extent and quality of services provided by the Advisor and the Subadvisor under their respective Agreements, as well as information regarding the Advisor’s revenues and costs of providing services to the fund and any compensation paid to affiliates of the Advisor. At the meetings at which the renewal of the Advisory Agreement and Subadvisory Agreement are considered, particular focus is given to information concerning fund performance, comparability of fees and total expenses, and profitability. However, the Board noted that the evaluation process with respect to the Advisor and the Subadvisor is an ongoing one. In this regard, the Board also took into account discussions with management and information provided to the Board (including its various committees) at prior meetings with respect to the services provided by the Advisor and the Subadvisor to the fund, including quarterly performance reports prepared by management containing reviews of investment results and prior presentations from the Subadvisor with respect to the fund. The information received and considered by the Board in connection with the May and June meetings and throughout the year was both written and oral. The Board noted the affiliation of the Subadvisor with the Advisor, noting any potential conflicts of interest. The Board also considered the nature, quality, and extent of non-advisory services, if any, to be provided to the fund by the Advisor’s affiliates, including distribution services. The Board considered the Advisory Agreement and the Subadvisory Agreement separately in the course of its review. In doing so, the Board noted the respective roles of the Advisor and Subadvisor in providing services to the fund.

1On June 19, 2020, as a result of health and safety measures put in place to combat the global COVID-19 pandemic, the Securities and Exchange Commission issued an exemptive order (the “Order”) pursuant to Sections 6(c) and 38(a) of the Investment Company Act of 1940, as amended (the “1940 Act”), that temporarily exempts registered investment management companies from the in-person voting requirements under the 1940 Act, subject to certain requirements, including that votes taken pursuant to the Order are ratified at the next in-person meeting. The Board determined that reliance on the Order was necessary or appropriate due to the circumstances related to current or potential effects of COVID-19 and therefore, the Board’s May and June meetings were held via videoconference in reliance on the Order. This exemptive order supersedes, in part, a similar earlier exemptive order issued by the SEC.
  SEMIANNUAL REPORT  | JOHN HANCOCK BOND FUND 63

Throughout the process, the Board asked questions of and requested additional information from management. The Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel throughout the process. The Independent Trustees also received a memorandum from their independent legal counsel discussing the legal standards for their consideration of the proposed continuation of the Agreements and discussed the proposed continuation of the Agreements in private sessions with their independent legal counsel at which no representatives of management were present.
Approval of Advisory Agreement
In approving the Advisory Agreement with respect to the fund, the Board, including the Independent Trustees, considered a variety of factors, including those discussed below. The Board also considered other factors (including conditions and trends prevailing generally in the economy, the securities markets, and the industry) and did not treat any single factor as determinative, and each Trustee may have attributed different weights to different factors. The Board’s conclusions may be based in part on its consideration of the advisory and subadvisory arrangements in prior years and on the Board’s ongoing regular review of fund performance and operations throughout the year.
Nature, extent, and quality of services. Among the information received by the Board from the Advisor relating to the nature, extent, and quality of services provided to the fund, the Board reviewed information provided by the Advisor relating to its operations and personnel, descriptions of its organizational and management structure, and information regarding the Advisor’s compliance and regulatory history, including its Form ADV. The Board also noted that on a regular basis it receives and reviews information from the Trust’s Chief Compliance Officer (CCO) regarding the fund’s compliance policies and procedures established pursuant to Rule 38a-1 under the 1940 Act. The Board observed that the scope of services provided by the Advisor, and of the undertakings required of the Advisor in connection with those services, including maintaining and monitoring its own and the fund’s compliance programs, risk management programs, liquidity management programs and cybersecurity programs, had expanded over time as a result of regulatory, market and other developments. The Board considered that the Advisor is responsible for the management of the day-to-day operations of the fund, including, but not limited to, general supervision of and coordination of the services provided by the Subadvisor, and is also responsible for monitoring and reviewing the activities of the Subadvisor and third-party service providers. The Board also considered the significant risks assumed by the Advisor in connection with the services provided to the fund including entrepreneurial risk in sponsoring new funds and ongoing risks including investment, operational, enterprise, litigation, regulatory and compliance risks with respect to all funds.
In considering the nature, extent, and quality of the services provided by the Advisor, the Trustees also took into account their knowledge of the Advisor’s management and the quality of the performance of the Advisor’s duties, through Board meetings, discussions and reports during the preceding year and through each Trustee’s experience as a Trustee of the Trust and of the other trusts in the John Hancock group of funds complex (the John Hancock Fund Complex).
In the course of their deliberations regarding the Advisory Agreement, the Board considered, among other things:
(a) the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues;
(b) the background, qualifications and skills of the Advisor’s personnel;
(c) the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments;
64 JOHN HANCOCK BOND FUND  | SEMIANNUAL REPORT  

(d) the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund;
(e) the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund;
(f) the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and
(g) the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments.
The Board concluded that the Advisor may reasonably be expected to continue to provide a high quality of services under the Advisory Agreement with respect to the fund.
Investment performance. In considering the fund’s performance, the Board noted that it reviews at its regularly scheduled meetings information about the fund’s performance results. In connection with the consideration of the Advisory Agreement, the Board:
(a) reviewed information prepared by management regarding the fund’s performance;
(b) considered the comparative performance of an applicable benchmark index;
(c) considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and
(d) took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally.
The Board noted that while it found the data provided by the independent third-party generally useful it recognized its limitations, including in particular that the data may vary depending on the end date selected and the results of the performance comparisons may vary depending on the selection of the peer group. The Board noted that the fund outperformed its benchmark index and peer group median for the one-, three-, five- and ten-year periods ended December 31, 2021. The Board took into account management’s discussion of the fund’s performance, including the favorable performance relative to the benchmark index and peer group median for the one-, three-, five- and ten-year periods. The Board concluded that the fund’s performance has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index.
Fees and expenses. The Board reviewed comparative information prepared by an independent third-party provider of fund data, including, among other data, the fund’s contractual and net management fees (and subadvisory fees, to the extent available) and total expenses as compared to similarly situated investment companies deemed to be comparable to the fund in light of the nature, extent and quality of the management and advisory and subadvisory services provided by the Advisor and the Subadvisor. The Board considered the fund’s ranking within a smaller group of peer funds chosen by the independent third-party provider, as well as the fund’s ranking within a broader group of funds. In comparing the fund’s contractual and net management fees to those of comparable funds, the Board noted that such fees include both advisory and administrative costs. The Board noted that net management fees and net total expenses for the fund are lower than the peer group median.
The Board took into account management’s discussion with respect to the overall management fee and the fees of the Subadvisor, including the amount of the advisory fee retained by the Advisor after payment of the subadvisory fee, in each case in light of the services rendered for those amounts and the risks undertaken by the Advisor. The Board also noted that the Advisor pays the subadvisory fee. In addition, the Board took into account that
  SEMIANNUAL REPORT  | JOHN HANCOCK BOND FUND 65

management had agreed to implement an overall fee waiver across the complex, including the fund, which is discussed further below. The Board also noted actions taken over the past several years to reduce the fund’s operating expenses. The Board also noted that, in addition, the Advisor is currently waiving fees and/or reimbursing expenses with respect to the fund and that the fund has breakpoints in its contractual management fee schedule that reduce management fees as assets increase. The Board also noted that the fund’s distributor, an affiliate of the Advisor, has agreed to waive a portion of its Rule 12b-1 fee for a share class of the fund. The Board noted that the fund has a voluntary fee waiver and/or expense reimbursement, which reduces certain expenses of the fund. The Board reviewed information provided by the Advisor concerning the investment advisory fee charged by the Advisor or one of its advisory affiliates to other clients (including other funds in the John Hancock Fund Complex) having similar investment mandates, if any. The Board considered any differences between the Advisor’s and Subadvisor’s services to the fund and the services they provide to other comparable clients or funds. The Board concluded that the advisory fee paid with respect to the fund is reasonable in light of the nature, extent and quality of the services provided to the fund under the Advisory Agreement.
Profitability/Fall out benefits. In considering the costs of the services to be provided and the profits to be realized by the Advisor and its affiliates (including the Subadvisor) from the Advisor’s relationship with the Trust, the Board:
(a) reviewed financial information of the Advisor;
(b) reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund;
(c) received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund;
(d) received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies;
(e) considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board;
(f) considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement;
(g) noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund;
(h) noted that the fund’s Subadvisor is an affiliate of the Advisor;
(i) noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund;
(j) noted that the subadvisory fee for the fund is paid by the Advisor;
(k) considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and
(l) considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk.
66 JOHN HANCOCK BOND FUND  | SEMIANNUAL REPORT  

Based upon its review, the Board concluded that the level of profitability, if any, of the Advisor and its affiliates (including the Subadvisor) from their relationship with the fund was reasonable and not excessive.
Economies of scale. In considering the extent to which economies of scale would be realized as the fund grows and whether fee levels reflect these economies of scale for the benefit of fund shareholders, the Board:
(a) considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund;
(b) reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and
(c) the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale.
Approval of Subadvisory Agreement
In making its determination with respect to approval of the Subadvisory Agreement, the Board reviewed:
(1) information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex);
(2) the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and
(3) the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data.
Nature, extent, and quality of services. With respect to the services provided by the Subadvisor, the Board received information provided to the Board by the Subadvisor, including the Subadvisor’s Form ADV, as well as took into account information presented throughout the past year. The Board considered the Subadvisor’s current level of staffing and its overall resources, as well as received information relating to the Subadvisor’s compensation program. The Board reviewed the Subadvisor’s history and investment experience, as well as information regarding the qualifications, background, and responsibilities of the Subadvisor’s investment and compliance personnel who provide services to the fund. The Board also considered, among other things, the Subadvisor’s compliance program and any disciplinary history. The Board also considered the Subadvisor’s risk assessment and monitoring process. The Board reviewed the Subadvisor’s regulatory history, including whether it was involved in any regulatory actions or investigations as well as material litigation, and any settlements and amelioratory actions undertaken, as appropriate. The Board noted that the Advisor conducts regular, periodic reviews of the Subadvisor and its operations, including regarding investment processes and organizational and staffing matters. The Board also noted that the Trust’s CCO and his staff conduct regular, periodic compliance reviews with the Subadvisor and present reports to the Independent Trustees regarding the same, which includes evaluating the regulatory compliance systems of the Subadvisor and procedures reasonably designed to assure compliance with the federal securities laws. The Board also took into account the financial condition of the Subadvisor.
  SEMIANNUAL REPORT  | JOHN HANCOCK BOND FUND 67

The Board considered the Subadvisor’s investment process and philosophy. The Board took into account that the Subadvisor’s responsibilities include the development and maintenance of an investment program for the fund that is consistent with the fund’s investment objective, the selection of investment securities and the placement of orders for the purchase and sale of such securities, as well as the implementation of compliance controls related to performance of these services. The Board also received information with respect to the Subadvisor’s brokerage policies and practices, including with respect to best execution and soft dollars.
Subadvisor compensation. In considering the cost of services to be provided by the Subadvisor and the profitability to the Subadvisor of its relationship with the fund, the Board noted that the fees under the Subadvisory Agreement are paid by the Advisor and not the fund. The Board also received information and took into account any other potential conflicts of interest the Advisor might have in connection with the Subadvisory Agreement.
In addition, the Board considered other potential indirect benefits that the Subadvisor and its affiliates may receive from the Subadvisor’s relationship with the fund, such as the opportunity to provide advisory services to additional funds in the John Hancock Fund Complex and reputational benefits.
Subadvisory fees. The Board considered that the fund pays an advisory fee to the Advisor and that, in turn, the Advisor pays a subadvisory fee to the Subadvisor. As noted above, the Board also considered the fund’s subadvisory fees as compared to similarly situated investment companies deemed to be comparable to the fund as included in the report prepared by the independent third-party provider of fund data, to the extent available. The Board also noted that the limited size of the Lipper peer group was not sufficient for comparative purposes. The Board also took into account the subadvisory fees paid by the Advisor to the Subadvisor with respect to the fund and compared them to fees charged by the Subadvisor to manage other subadvised portfolios and portfolios not subject to regulation under the 1940 Act, as applicable.
Subadvisor performance. As noted above, the Board considered the fund’s performance as compared to the fund’s peer group median and the benchmark index and noted that the Board reviews information about the fund’s performance results at its regularly scheduled meetings. The Board noted the Advisor’s expertise and resources in monitoring the performance, investment style and risk-adjusted performance of the Subadvisor. The Board was mindful of the Advisor’s focus on the Subadvisor’s performance. The Board also noted the Subadvisor’s long-term performance record for similar accounts, as applicable.
The Board’s decision to approve the Subadvisory Agreement was based on a number of determinations, including the following:
(1) the Subadvisor has extensive experience and demonstrated skills as a manager;
(2) the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index;
(3) the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and
(4) noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows.
***
Based on the Board’s evaluation of all factors that the Board deemed to be material, including those factors described above, the Board, including the Independent Trustees, concluded that renewal of the Advisory Agreement and the Subadvisory Agreement would be in the best interest of the fund and its shareholders. Accordingly, the Board, and the Independent Trustees voting separately, approved the Advisory Agreement and Subadvisory Agreement for an additional one-year period.
68 JOHN HANCOCK BOND FUND  | SEMIANNUAL REPORT  

More information
Trustees
Hassell H. McClellan, Chairperson
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott
James R. Boyle
Peter S. Burgess*,#
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Marianne Harrison
Deborah C. Jackson
Patricia Lizarraga*,^
Paul Lorentz
Frances G. Rathke*
Gregory A. Russo
Officers
Andrew G. Arnott
President
Charles A. Rizzo
Chief Financial Officer
Salvatore Schiavone
Treasurer
Christopher (Kit) Sechler
Secretary and Chief Legal Officer
Trevor Swanberg
Chief Compliance Officer
Investment advisor
John Hancock Investment Management LLC
Subadvisor
Manulife Investment Management (US) LLC
Portfolio Managers
Jeffrey N. Given, CFA
Howard C. Greene, CFA
Connor Minnaar, CFA
Pranay Sonalkar
Principal distributor
John Hancock Investment Management Distributors LLC
Custodian
State Street Bank and Trust Company
Transfer agent
John Hancock Signature Services, Inc.
Legal counsel
K&L Gates LLP
 
 Non-Independent Trustee
* Member of the Audit Committee
# Mr. Burgess is retiring effective December 31, 2022.
^ Elected to serve as Independent Trustee effective as of September 9, 2022.
‡ Elected to serve as Non-Independent Trustee effective as of September 9, 2022.
The fund’s proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund’s holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund’s Form N-PORT filings are available on our website and the SEC’s website, sec.gov.
We make this information on your fund, as well as monthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us:    
800-225-5291 Regular mail: Express mail:
jhinvestments.com John Hancock Signature Services, Inc.
P.O. Box 219909
Kansas City, MO 64121-9909
John Hancock Signature Services, Inc.
430 W 7th Street
Suite 219909
Kansas City, MO 64105-1407
  SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND 69

John Hancock family of funds
U.S. EQUITY FUNDS

Blue Chip Growth
Classic Value
Disciplined Value
Disciplined Value Mid Cap
Equity Income
Financial Industries
Fundamental All Cap Core
Fundamental Large Cap Core
Mid Cap Growth
New Opportunities
Regional Bank
Small Cap Core
Small Cap Growth
Small Cap Value
U.S. Global Leaders Growth
U.S. Growth
INTERNATIONAL EQUITY FUNDS

Disciplined Value International
Emerging Markets
Emerging Markets Equity
Fundamental Global Franchise
Global Environmental Opportunities
Global Equity
Global Shareholder Yield
Global Thematic Opportunities
International Dynamic Growth
International Growth
International Small Company
FIXED-INCOME FUNDS

Bond
California Municipal Bond
Emerging Markets Debt
Floating Rate Income
Government Income
High Yield
High Yield Municipal Bond
Income
Investment Grade Bond
Money Market
Municipal Opportunities
Opportunistic Fixed Income
Short Duration Bond
Short Duration Municipal Opportunities
Strategic Income Opportunities
ALTERNATIVE FUNDS

Absolute Return Currency
Alternative Asset Allocation
Diversified Macro
Infrastructure
Multi-Asset Absolute Return
Real Estate Securities
Seaport Long/Short
 
A fund’s investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.

EXCHANGE-TRADED FUNDS

John Hancock Corporate Bond ETF
John Hancock International High Dividend ETF
John Hancock Mortgage-Backed Securities ETF
John Hancock Multifactor Developed International ETF
John Hancock Multifactor Emerging Markets ETF
John Hancock Multifactor Large Cap ETF
John Hancock Multifactor Mid Cap ETF
John Hancock Multifactor Small Cap ETF
John Hancock Preferred Income ETF
John Hancock U.S. High Dividend ETF 
ENVIRONMENTAL,SOCIAL, AND
GOVERNANCE FUNDS

ESG Core Bond
ESG International Equity
ESG Large Cap Core
ASSET ALLOCATION/TARGET DATE FUNDS

Balanced
Multi-Asset High Income
Multi-Index Lifetime Portfolios
Multi-Index Preservation Portfolios
Multimanager Lifestyle Portfolios
Multimanager Lifetime Portfolios
CLOSED-END FUNDS

Asset-Based Lending
Financial Opportunities
Hedged Equity & Income
Income Securities Trust
Investors Trust
Preferred Income
Preferred Income II
Preferred Income III
Premium Dividend
Tax-Advantaged Dividend Income
Tax-Advantaged Global Shareholder Yield
John Hancock ETF shares are bought and sold at market price (not NAV), and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Manulife Investment Management (US) LLC or Dimensional Fund Advisors LP. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no representation as to the advisability of investing in, John Hancock Multifactor ETFs.

A trusted brand
John Hancock Investment Management is a premier asset manager
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
“A trusted brand” is based on a survey of 6,651 respondents conducted by Medallia between 3/18/20 and 5/13/20.
John Hancock Investment Management Distributors LLC, Member FINRA, SIPC
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
Manulife Investment Management, the Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
This report is for the information of the shareholders of John Hancock Bond Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF2630343 21SA 11/22
1/2023

ITEM 2. CODE OF ETHICS.

(a)Not Applicable

(b)Not Applicable

(c)Not Applicable

(d)Not Applicable

(e)Not Applicable

(f)Not Applicable

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not Applicable

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(a)Not Applicable

(b)Not Applicable

(c)Not Applicable

(d)Not Applicable

(e)Not Applicable

(f)Not Applicable

(g)Not Applicable

(h)Not Applicable

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS

Not Applicable

ITEM 6. SCHEDULE OF INVESTMENTS.

(a)Not Applicable

(b)Not Applicable

ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED- END MANAGEMENT INVESTMENT COMPANIES.

Not applicable

ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable

ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable

ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

(a)The registrant has adopted procedures by which shareholders may recommend nominees to the registrant's Board of Trustees. A copy of the procedures is filed as an exhibit to this Form N- CSR. See attached "John Hancock Funds – Nominating and Governance Committee Charter".

ITEM 11. CONTROLS AND PROCEDURES.

(a)Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive

 

officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b)There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable

ITEM 13. EXHIBITS.

(a)(1) Not applicable

(a)(2) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.

(b)Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.

(c)(1) Submission of Matters to a Vote of Security Holders is attached. See attached "John Hancock Funds – Nominating and Governance Committee Charter".

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock Sovereign Bond Fund

By:

/s/ Andrew Arnott

 

Andrew Arnott

 

President

Date:

January 9, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:

/s/ Andrew Arnott

 

Andrew Arnott

 

President

Date:

January 9, 2023

By:

/s/ Charles A. Rizzo

 

Charles A. Rizzo

 

Chief Financial Officer

Date:

January 9, 2023