N-CSR 1 f12625d1.htm N-CSR N-CSR

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) 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:

May 31, 2022


ITEM 1. REPORT TO STOCKHOLDERS


Annual report
John Hancock
Bond Fund
Fixed income
May 31, 2022

A message to shareholders
Dear shareholder,
The bond market declined for the 12 months ended May 31, 2022, reflecting a broad rise in bond yields. A recovering and growing economy, combined with supply chain shortages and increased government spending, led to the inflation rate surging to a 40-year high. To combat rising inflationary pressures, the U.S. Federal Reserve (Fed) began raising short-term interest rates in March 2022, which pushed bond yields higher and prices lower. Furthermore, the conflict between Russia and Ukraine, which created significant geopolitical and economic uncertainty, led to heightened volatility in the bond market. Although bond yields rose across the board, short-term bond yields increased the most, reflecting the Fed’s interest-rate hikes and expectations for more going forward.
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 5/31/2022 (%)

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  | ANNUAL REPORT  

PERFORMANCE HIGHLIGHTS OVER THE LAST TWELVE MONTHS

The fund’s benchmark, the Bloomberg U.S. Aggregate Bond Index, suffered a loss
Fixed-income assets were pressured by rising inflation and the U.S. Federal Reserve’s shift toward tighter monetary policy.
All segments of the bond market lost ground
Investment-grade corporate bonds, which were adversely affected by both rising U.S. Treasury yields and widening yield spreads, were the weakest area of the domestic market.
The fund underperformed the index
Yield curve positioning was the primary detractor from performance.
 
PORTFOLIO COMPOSITION AS OF 5/31/2022 (% of net assets)

  ANNUAL REPORT  | JOHN HANCOCK BOND FUND 3

QUALITY COMPOSITION AS OF 5/31/2022 (% 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 5-31-22 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.
4 JOHN HANCOCK BOND FUND  | ANNUAL REPORT  

Management’s discussion of fund performance
How would you describe the investment backdrop during the 12 months ended May 31, 2022?
Bonds experienced significant headwinds over the period, ending a long, multi-year stretch of positive performance. The market held up well through most of 2021 despite rising inflation, largely as a result of the U.S. Federal Reserve’s (Fed’s) stance that the price pressures were transitory. The environment grew more challenging in November, when the Fed was compelled to shift its policy as it became apparent that inflation was becoming entrenched. The Fed announced that it would taper quantitative easing and begin to raise interest rates in 2022. It subsequently raised rates by a quarter point in March 2022 and another half point in May. As the reporting period drew to a close, market prices reflected expectations that the Fed would raise interest rates several more times before the end of 2022.
In combination, these developments weighed heavily on bond market performance. U.S. Treasury yields rose sharply as prices fell and the yield curve flattened considerably as a result of these shifts. Investment-grade corporates lagged Treasuries by a sizable margin and were the worst-performing segment of the fund’s investment universe. High-yield corporates and securitized assets (mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities), while losing ground in absolute terms, nonetheless outpaced Treasuries.
What elements of the fund’s positioning helped and hurt results?
Consistent with the broader environment, the fund had a negative absolute return. It finished behind the benchmark with the majority of the shortfall stemming from yield curve positioning. An overweight in intermediate-term bonds—which
COUNTRY COMPOSITION
AS OF 5/31/2022 (% of net assets)
United States 89.1
Canada 1.7
United Kingdom 1.5
Ireland 1.0
Other countries 6.7
TOTAL 100.0
  ANNUAL REPORT  | JOHN HANCOCK BOND FUND 5

experienced the largest rise in yields—was a key detractor. Security selection had a largely neutral effect, while asset allocation was a very slight positive. With respect to asset allocation, the fund’s sizable out-of-benchmark position in high-yield bonds contributed positively; however, the benefit was offset by an underweight in U.S. Treasuries and a small position in the emerging markets.
What were some key aspects of your portfolio activity?
We refrained from making reactionary decisions in response to historic volatility, opting instead to make adjustments on the margin as opportunities presented themselves. The fund remained overweight in investment-grade and high-yield corporates, although we reduced the allocations during the year. In addition, we shifted to a somewhat more defensive posture due to the maturity of the current economic cycle. Given the expectations for further Fed rate hikes, we maintained an overweight in the financials sector, with an emphasis on issuers with the potential to benefit from rising rates. We added to the fund’s weighting in securitized assets, with an emphasis on floating-rate securities due to their ability to offset the effect of rising rates. The fund’s allocation to U.S. Treasuries declined, reflecting both allocation decisions and the category’s negative price performance. We sought to keep the fund’s duration (interest-rate sensitivity) neutral to slightly below that of the benchmark for most of the period. The fund was positioned for a flattening of the yield curve for most of the year through an overweight in intermediate-term bonds, but we had moved it to a more neutral posture by the end of May.
Can you tell us about recent additions to the management team?
Effective June 30, 2021, Pranay Sonalkar was added to the team. Effective March 31, 2022, Connor Minnaar, CFA, was added to the team.
MANAGED BY

Howard C. Greene, CFA
Jeffrey N. Given, CFA
Pranay Sonalkar
Connor Minnaar, CFA
The views expressed in this report are exclusively those of the portfolio management team at Manulife Investment Management (US) LLC, and are subject to change. They are not meant as investment advice. Please note that the holdings discussed in this report may not have been held by the fund for the entire period. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk.
6 JOHN HANCOCK BOND FUND  | ANNUAL REPORT  

A look at performance
TOTAL RETURNS FOR THE PERIOD ENDED MAY 31, 2022

Average annual total returns (%)
with maximum sales charge
  Cumulative total returns (%)
with maximum sales charge
SEC 30-day
yield (%)
subsidized
SEC 30-day
yield (%)
unsubsidized
    1-year 5-year 10-year 5-year 10-year as of
5-31-22
as of
5-31-22
Class A   -12.53 0.68 2.38 3.44 26.53 3.44 3.43
Class C   -10.41 0.79 2.08 4.03 22.82 2.88 2.88
Class I1   -8.61 1.81 3.12 9.40 35.95 3.88 3.87
Class R21   -8.96 1.40 2.74 7.22 31.05 3.49 3.48
Class R41,2   -8.72 1.67 2.93 8.64 33.51 3.72 3.61
Class R61   -8.50 1.91 3.24 9.93 37.58 3.99 3.98
Class NAV1,2   -8.49 1.94 3.10 10.06 35.68 4.00 3.99
Index††   -8.22 1.18 1.71 6.02 18.44
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 4.0% and the applicable contingent deferred sales charge (CDSC) on Class C shares. The returns for Class A shares have been adjusted to reflect the reduction in the maximum sales charge from 4.5% to 4.0%, effective 2-3-14. Class C shares sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class I, Class R2, Class R4, Class R6, and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual fee waivers and expense limitations in effect until September 30, 2022 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
  Class A Class C Class I Class R2 Class R4 Class R6 Class NAV
Gross (%) 0.78 1.48 0.48 0.87 0.72 0.37 0.36
Net (%) 0.77 1.47 0.47 0.86 0.61 0.36 0.35
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800–225–5291 or visit the fund’s website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund’s performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
  † Unsubsidized yield reflects what the yield would have been without the effect of reimbursements and waivers.
†† Index is the Bloomberg U.S. Aggregate Bond Index.
See the following page for footnotes.
  ANNUAL REPORT  | JOHN HANCOCK BOND FUND 7

This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Bond Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we’ve shown the same investment in the Bloomberg U.S. Aggregate Bond Index.
  Start date With maximum
sales charge ($)
Without
sales charge ($)
Index ($)
Class C3 5-31-12 12,282 12,282 11,844
Class I1 5-31-12 13,595 13,595 11,844
Class R21 5-31-12 13,105 13,105 11,844
Class R41,2 5-31-12 13,351 13,351 11,844
Class R61 5-31-12 13,758 13,758 11,844
Class NAV1,2 5-31-12 13,568 13,568 11,844
The values shown in the chart for Class A shares with maximum sales charge have been adjusted to reflect the reduction in the Class A shares’ maximum sales charge from 4.5% to 4.0%, which became effective on 2-3-14.
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.
Footnotes related to performance pages
1 For certain types of investors, as described in the fund’s prospectuses.
2 Class R4 and Class NAV shares were first offered on 3-27-15 and 8-31-15, respectively. Returns prior to these dates are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary.
3 The contingent deferred sales charge is not applicable.
8 JOHN HANCOCK BOND FUND  | ANNUAL REPORT  

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 December 1, 2021, with the same investment held until May 31, 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 May 31, 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 December 1, 2021, with the same investment held until May 31, 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.
  ANNUAL REPORT | JOHN HANCOCK BOND FUND 9

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
12-1-2021
Ending
value on
5-31-2022
Expenses
paid during
period ended
5-31-20221
Annualized
expense
ratio
Class A Actual expenses/actual returns $1,000.00 $901.70 $3.56 0.75%
  Hypothetical example 1,000.00 1,021.20 3.78 0.75%
Class C Actual expenses/actual returns 1,000.00 898.50 6.86 1.45%
  Hypothetical example 1,000.00 1,017.70 7.29 1.45%
Class I Actual expenses/actual returns 1,000.00 903.70 2.14 0.45%
  Hypothetical example 1,000.00 1,022.70 2.27 0.45%
Class R2 Actual expenses/actual returns 1,000.00 901.40 4.03 0.85%
  Hypothetical example 1,000.00 1,020.70 4.28 0.85%
Class R4 Actual expenses/actual returns 1,000.00 903.20 2.85 0.60%
  Hypothetical example 1,000.00 1,021.90 3.02 0.60%
Class R6 Actual expenses/actual returns 1,000.00 903.70 1.66 0.35%
  Hypothetical example 1,000.00 1,023.20 1.77 0.35%
Class NAV Actual expenses/actual returns 1,000.00 904.30 1.61 0.34%
  Hypothetical example 1,000.00 1,023.20 1.72 0.34%
    
1 Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period).
10 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

Fund’s investments
AS OF 5-31-22
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 29.1%       $6,359,749,787
(Cost $6,649,293,546)          
U.S. Government 13.1%       2,858,075,269
U.S. Treasury          
Bond 2.250 02-15-52   1,853,541,000 1,550,313,277
Bond 2.500 02-15-45   46,172,000 39,879,262
Bond 2.875 05-15-52   115,379,000 111,016,232
Bond 3.250 05-15-42   522,085,000 520,371,909
Note 2.625 05-31-27   31,799,000 31,513,306
Note 2.875 05-15-32   604,226,000 604,981,283
U.S. Government Agency 16.0%       3,501,674,518
Federal Home Loan Mortgage Corp.          
30 Yr Pass Thru 2.000 09-01-50   135,302,922 120,842,517
30 Yr Pass Thru 2.000 11-01-50   25,655,667 22,937,787
30 Yr Pass Thru 2.000 11-01-51   16,211,520 14,453,595
30 Yr Pass Thru 2.000 11-01-51   17,506,760 15,608,383
30 Yr Pass Thru 2.000 12-01-51   53,943,163 48,060,025
30 Yr Pass Thru 2.000 01-01-52   18,685,344 16,647,487
30 Yr Pass Thru 2.000 03-01-52   70,436,040 62,688,125
30 Yr Pass Thru 2.500 09-01-50   30,473,928 28,275,859
30 Yr Pass Thru 2.500 10-01-50   141,741,682 131,971,952
30 Yr Pass Thru (A) 2.500 08-01-51   69,066,563 64,203,538
30 Yr Pass Thru 2.500 11-01-51   51,254,809 47,557,826
30 Yr Pass Thru 2.500 12-01-51   16,820,229 15,505,811
30 Yr Pass Thru 3.000 03-01-43   3,713,057 3,635,210
30 Yr Pass Thru 3.000 12-01-45   12,514,919 12,189,958
30 Yr Pass Thru 3.000 05-01-46   2,204,129 2,148,274
30 Yr Pass Thru 3.000 10-01-46   5,195,567 5,049,294
30 Yr Pass Thru 3.000 10-01-46   3,856,377 3,761,064
30 Yr Pass Thru 3.000 10-01-46   7,032,823 6,828,232
30 Yr Pass Thru 3.000 10-01-46   52,619,511 51,096,987
30 Yr Pass Thru 3.000 12-01-46   39,258,452 38,079,583
30 Yr Pass Thru 3.000 12-01-46   9,355,134 9,112,220
30 Yr Pass Thru 3.000 04-01-47   25,843,803 25,075,831
30 Yr Pass Thru 3.000 09-01-49   13,768,787 13,241,817
30 Yr Pass Thru 3.000 10-01-49   17,116,297 16,498,651
30 Yr Pass Thru 3.000 12-01-49   15,941,858 15,296,845
30 Yr Pass Thru 3.000 01-01-50   13,906,573 13,400,404
30 Yr Pass Thru 3.000 02-01-50   9,016,992 8,688,793
30 Yr Pass Thru 3.000 06-01-51   85,400,541 82,011,932
30 Yr Pass Thru 3.500 06-01-42   2,711,523 2,717,150
30 Yr Pass Thru 3.500 04-01-44   3,988,174 4,001,436
30 Yr Pass Thru 3.500 05-01-45   6,387,775 6,393,047
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 11

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 08-01-46   38,354,650 $38,434,247
30 Yr Pass Thru 3.500 09-01-46   8,198,140 8,174,163
30 Yr Pass Thru 3.500 10-01-46   1,521,629 1,525,262
30 Yr Pass Thru 3.500 10-01-46   14,716,784 14,673,742
30 Yr Pass Thru 3.500 11-01-46   4,764,188 4,750,254
30 Yr Pass Thru 3.500 11-01-46   5,232,136 5,233,184
30 Yr Pass Thru 3.500 12-01-46   6,725,803 6,729,252
30 Yr Pass Thru 3.500 01-01-47   4,648,151 4,653,440
30 Yr Pass Thru 3.500 02-01-47   6,532,208 6,543,723
30 Yr Pass Thru 3.500 04-01-47   8,544,744 8,559,806
30 Yr Pass Thru 3.500 09-01-47   21,928,184 21,905,166
30 Yr Pass Thru 3.500 03-01-52   29,099,923 28,772,121
30 Yr Pass Thru 4.000 01-01-41   6,079,979 6,231,521
30 Yr Pass Thru 4.000 03-01-42   3,151,636 3,227,420
30 Yr Pass Thru 4.000 11-01-43   2,565,708 2,634,019
30 Yr Pass Thru 4.000 01-01-47   6,523,855 6,666,971
30 Yr Pass Thru 4.000 03-01-47   18,733,921 19,074,641
30 Yr Pass Thru 4.000 04-01-47   7,662,520 7,796,612
30 Yr Pass Thru 4.000 05-01-47   6,567,324 6,680,609
30 Yr Pass Thru 4.000 10-01-47   9,603,166 9,755,314
30 Yr Pass Thru 4.000 03-01-48   2,697,492 2,734,245
30 Yr Pass Thru 4.000 07-01-48   18,579,135 18,917,039
30 Yr Pass Thru 4.000 08-01-48   9,184,718 9,337,412
30 Yr Pass Thru 5.500 11-01-39   2,331,347 2,526,830
Federal National Mortgage Association          
30 Yr Pass Thru 2.000 09-01-50   37,640,059 33,617,304
30 Yr Pass Thru 2.000 09-01-50   22,119,420 19,748,510
30 Yr Pass Thru 2.000 09-01-50   21,516,836 19,223,963
30 Yr Pass Thru 2.000 10-01-50   25,975,151 23,199,075
30 Yr Pass Thru 2.000 11-01-50   35,853,312 32,043,922
30 Yr Pass Thru (6 month LIBOR + 2.122%) (B) 2.372 07-01-33   316 326
30 Yr Pass Thru 2.500 08-01-50   29,899,686 27,764,062
30 Yr Pass Thru 2.500 08-01-50   32,173,073 29,955,502
30 Yr Pass Thru 2.500 09-01-50   132,255,526 123,139,641
30 Yr Pass Thru 2.500 09-01-50   13,399,170 12,491,316
30 Yr Pass Thru 2.500 09-01-50   70,150,096 65,139,534
30 Yr Pass Thru 2.500 08-01-51   5,975,362 5,535,960
30 Yr Pass Thru 2.500 08-01-51   47,320,546 43,822,313
30 Yr Pass Thru (A) 2.500 10-01-51   24,014,636 22,239,323
30 Yr Pass Thru 2.500 11-01-51   51,719,781 48,090,278
30 Yr Pass Thru 2.500 11-01-51   48,578,193 44,888,310
30 Yr Pass Thru 2.500 01-01-52   56,595,965 52,332,444
30 Yr Pass Thru (A) 2.500 02-01-52   142,512,962 131,777,090
30 Yr Pass Thru (A) 2.500 03-01-52   1,162,801 1,074,386
12 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.000 07-01-42   2,207,308 $2,148,178
30 Yr Pass Thru 3.000 10-01-42   3,452,898 3,360,401
30 Yr Pass Thru 3.000 10-01-42   2,033,013 1,978,551
30 Yr Pass Thru 3.000 04-01-43   1,659,268 1,614,819
30 Yr Pass Thru 3.000 12-01-45   17,429,953 16,892,223
30 Yr Pass Thru 3.000 08-01-46   26,483,307 25,691,101
30 Yr Pass Thru 3.000 08-01-46   19,939,896 19,349,657
30 Yr Pass Thru 3.000 09-01-46   2,663,152 2,595,140
30 Yr Pass Thru 3.000 10-01-46   1,875,354 1,827,461
30 Yr Pass Thru 3.000 10-01-46   14,601,628 14,123,776
30 Yr Pass Thru 3.000 01-01-47   18,110,625 17,585,853
30 Yr Pass Thru 3.000 02-01-47   10,688,707 10,402,374
30 Yr Pass Thru 3.000 10-01-47   21,767,154 21,102,420
30 Yr Pass Thru 3.000 11-01-47   22,838,221 22,155,052
30 Yr Pass Thru 3.000 11-01-48   39,879,329 38,574,242
30 Yr Pass Thru 3.000 11-01-48   13,783,783 13,354,234
30 Yr Pass Thru 3.000 09-01-49   18,267,057 17,567,926
30 Yr Pass Thru 3.000 09-01-49   33,025,125 31,730,200
30 Yr Pass Thru 3.000 10-01-49   8,658,039 8,307,732
30 Yr Pass Thru 3.000 10-01-49   34,940,874 33,767,374
30 Yr Pass Thru 3.000 11-01-49   22,691,481 21,773,377
30 Yr Pass Thru 3.000 11-01-49   23,957,926 23,093,397
30 Yr Pass Thru 3.000 11-01-49   18,540,674 17,825,276
30 Yr Pass Thru 3.000 11-01-49   20,434,376 19,607,595
30 Yr Pass Thru 3.000 12-01-49   21,947,980 21,101,111
30 Yr Pass Thru 3.000 01-01-50   18,856,423 18,122,950
30 Yr Pass Thru 3.000 01-01-52   44,276,110 42,412,046
30 Yr Pass Thru 3.000 02-01-52   18,659,019 17,855,964
30 Yr Pass Thru 3.000 02-01-52   40,655,285 38,854,728
30 Yr Pass Thru 3.500 11-01-40   1,170,570 1,171,701
30 Yr Pass Thru 3.500 06-01-42   1,105,605 1,106,971
30 Yr Pass Thru 3.500 08-01-42   2,495,630 2,498,713
30 Yr Pass Thru 3.500 06-01-43   9,971,363 9,993,028
30 Yr Pass Thru 3.500 07-01-43   3,008,832 3,015,369
30 Yr Pass Thru 3.500 07-01-43   3,149,845 3,156,689
30 Yr Pass Thru 3.500 01-01-45   2,052,062 2,058,445
30 Yr Pass Thru 3.500 04-01-45   6,353,494 6,355,386
30 Yr Pass Thru 3.500 04-01-45   1,721,800 1,722,313
30 Yr Pass Thru 3.500 04-01-45   7,607,731 7,609,997
30 Yr Pass Thru 3.500 01-01-46   19,276,989 19,312,850
30 Yr Pass Thru 3.500 02-01-46   11,585,187 11,548,813
30 Yr Pass Thru 3.500 07-01-46   8,401,451 8,367,196
30 Yr Pass Thru 3.500 07-01-46   4,255,145 4,239,125
30 Yr Pass Thru 3.500 08-01-46   19,835,870 19,823,181
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 13

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 02-01-47   23,116,366 $23,087,131
30 Yr Pass Thru 3.500 03-01-47   25,675,237 25,682,883
30 Yr Pass Thru 3.500 05-01-47   16,047,918 16,067,742
30 Yr Pass Thru 3.500 07-01-47   30,377,447 30,395,986
30 Yr Pass Thru 3.500 08-01-47   20,850,626 20,843,804
30 Yr Pass Thru 3.500 11-01-47   25,103,768 25,040,639
30 Yr Pass Thru 3.500 12-01-47   12,198,950 12,130,152
30 Yr Pass Thru 3.500 01-01-48   19,655,105 19,544,256
30 Yr Pass Thru 3.500 03-01-48   4,863,882 4,860,770
30 Yr Pass Thru 3.500 03-01-48   10,798,174 10,727,152
30 Yr Pass Thru 3.500 03-01-49   3,097,540 3,080,071
30 Yr Pass Thru 3.500 06-01-49   19,531,113 19,366,032
30 Yr Pass Thru 3.500 06-01-49   59,901,778 59,563,950
30 Yr Pass Thru 3.500 09-01-49   5,775,893 5,722,110
30 Yr Pass Thru 3.500 12-01-49   27,687,121 27,412,005
30 Yr Pass Thru 3.500 02-01-50   29,322,219 29,010,240
30 Yr Pass Thru 3.500 02-01-52   27,853,427 27,620,180
30 Yr Pass Thru 3.500 02-01-52   37,643,207 37,057,419
30 Yr Pass Thru 3.500 04-01-52   36,510,090 35,984,721
30 Yr Pass Thru 3.500 04-01-52   23,885,488 23,564,176
30 Yr Pass Thru (A) 4.000 TBA   180,102,000 180,172,402
30 Yr Pass Thru 4.000 09-01-40   2,833,787 2,900,710
30 Yr Pass Thru 4.000 09-01-40   3,943,328 4,036,161
30 Yr Pass Thru 4.000 11-01-40   1,334,308 1,365,751
30 Yr Pass Thru 4.000 12-01-40   1,657,095 1,696,207
30 Yr Pass Thru 4.000 01-01-41   2,655,548 2,718,672
30 Yr Pass Thru 4.000 09-01-41   3,544,486 3,625,731
30 Yr Pass Thru 4.000 09-01-41   1,576,618 1,614,364
30 Yr Pass Thru 4.000 10-01-41   1,141,597 1,167,719
30 Yr Pass Thru 4.000 01-01-42   1,680,770 1,721,190
30 Yr Pass Thru 4.000 05-01-42   2,250,690 2,302,865
30 Yr Pass Thru 4.000 09-01-43   4,669,611 4,797,187
30 Yr Pass Thru 4.000 10-01-43   4,344,979 4,459,612
30 Yr Pass Thru 4.000 10-01-43   1,670,152 1,712,128
30 Yr Pass Thru 4.000 01-01-44   3,256,714 3,342,636
30 Yr Pass Thru 4.000 12-01-45   8,448,020 8,615,463
30 Yr Pass Thru 4.000 02-01-46   4,240,780 4,322,183
30 Yr Pass Thru 4.000 04-01-46   5,261,165 5,353,935
30 Yr Pass Thru 4.000 06-01-46   3,456,397 3,517,344
30 Yr Pass Thru 4.000 07-01-46   6,433,571 6,547,014
30 Yr Pass Thru 4.000 10-01-46   1,951,049 1,984,233
30 Yr Pass Thru 4.000 01-01-47   8,030,542 8,184,190
30 Yr Pass Thru 4.000 03-01-47   8,347,565 8,492,148
30 Yr Pass Thru 4.000 04-01-47   9,006,548 9,178,870
14 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 4.000 11-01-47   2,798,288 $2,838,885
30 Yr Pass Thru 4.000 12-01-47   6,007,438 6,122,754
30 Yr Pass Thru 4.000 12-01-47   3,225,223 3,277,054
30 Yr Pass Thru 4.000 09-01-48   2,838,255 2,885,641
30 Yr Pass Thru 4.000 10-01-48   8,242,553 8,372,438
30 Yr Pass Thru 4.000 10-01-48   10,228,222 10,408,575
30 Yr Pass Thru 4.000 01-01-49   7,243,979 7,321,909
30 Yr Pass Thru 4.000 02-01-49   6,608,195 6,679,285
30 Yr Pass Thru 4.000 07-01-49   12,584,933 12,755,716
30 Yr Pass Thru 4.000 07-01-49   17,650,281 17,922,896
30 Yr Pass Thru 4.000 02-01-50   27,060,500 27,503,829
30 Yr Pass Thru 4.000 04-01-52   11,263,626 11,373,360
30 Yr Pass Thru (A) 4.500 TBA   117,500,000 119,184,473
30 Yr Pass Thru (A) 4.500 TBA   17,761,000 18,073,210
30 Yr Pass Thru 7.000 09-01-31   109 121
30 Yr Pass Thru 7.000 09-01-31   88 98
30 Yr Pass Thru 7.000 09-01-31   1,618 1,804
30 Yr Pass Thru 7.000 01-01-32   54 60
30 Yr Pass Thru 7.000 06-01-32   29 31
30 Yr Pass Thru 7.500 09-01-29   33 36
30 Yr Pass Thru 7.500 12-01-29   38 42
30 Yr Pass Thru 7.500 01-01-31   15 17
30 Yr Pass Thru 7.500 05-01-31   105 117
30 Yr Pass Thru 7.500 08-01-31   49 51
Government National Mortgage Association          
30 Yr Pass Thru 5.000 04-15-35   1,769 1,862
30 Yr Pass Thru 5.000 04-15-35   902 947
30 Yr Pass Thru 5.500 03-15-35   918 981
30 Yr Pass Thru 6.000 03-15-33   1,665 1,797
30 Yr Pass Thru 6.000 06-15-33   516 556
30 Yr Pass Thru 6.500 09-15-28   79 84
30 Yr Pass Thru 6.500 09-15-29   88 94
30 Yr Pass Thru 6.500 08-15-31   135 147
30 Yr Pass Thru 7.000 04-15-29   436 470
30 Yr Pass Thru 8.000 10-15-26   210 224
Foreign government obligations 0.4%       $95,450,634
(Cost $101,713,001)          
Argentina 0.1%         27,563,450
Republic of Argentina
Bond (2.500% to 7-9-22, then 3.500% to 7-9-29, then 4.875% thereafter)
2.500 07-09-41   85,345,000 27,563,450
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 15

  Rate (%) Maturity date   Par value^ Value
Qatar 0.1%         $19,914,784
State of Qatar
Bond (C)
5.103 04-23-48   17,804,000 19,914,784
Saudi Arabia 0.2%         47,972,400
Kingdom of Saudi Arabia
Bond (C)
4.375 04-16-29   45,688,000 47,972,400
Corporate bonds 51.0%     $11,153,501,134
(Cost $12,180,365,135)          
Communication services 6.4%     1,412,000,937
Diversified telecommunication services 1.6%      
AT&T, Inc. 3.500 06-01-41   36,838,000 31,074,186
AT&T, Inc. 3.650 06-01-51   33,805,000 28,119,095
C&W Senior Financing DAC (C) 6.875 09-15-27   20,070,000 18,819,639
Connect Finco SARL (C) 6.750 10-01-26   23,292,000 22,340,988
GCI LLC (C) 4.750 10-15-28   15,091,000 13,652,828
Kenbourne Invest SA (C) 4.700 01-22-28   5,139,000 4,156,012
Kenbourne Invest SA (C) 6.875 11-26-24   8,255,000 7,912,418
Level 3 Financing, Inc. (C) 3.400 03-01-27   25,465,000 22,904,021
Switch, Ltd. (C) 3.750 09-15-28   5,023,000 5,024,475
Telecom Argentina SA (C)(D) 8.000 07-18-26   13,564,000 13,013,302
Telecom Italia SpA (C) 5.303 05-30-24   15,555,000 15,782,103
Telefonica Emisiones SA 5.213 03-08-47   39,398,000 37,089,376
Telesat Canada (C) 5.625 12-06-26   10,393,000 7,414,782
Total Play Telecomunicaciones SA de CV (C) 6.375 09-20-28   17,481,000 14,378,297
Total Play Telecomunicaciones SA de CV (C) 7.500 11-12-25   34,512,000 31,311,357
Verizon Communications, Inc. 4.329 09-21-28   53,889,000 54,832,392
Verizon Communications, Inc. 4.400 11-01-34   20,489,000 20,500,357
Entertainment 1.2%      
AMC Entertainment Holdings, Inc. (C)(D) 10.000 06-15-26   30,874,000 23,657,203
Lions Gate Capital Holdings LLC (C) 5.500 04-15-29   20,010,000 17,408,700
Live Nation Entertainment, Inc. (C) 4.750 10-15-27   25,118,000 23,987,690
Magallanes, Inc. (C) 4.279 03-15-32   41,536,000 38,821,446
Netflix, Inc. 4.875 04-15-28   42,788,000 42,422,981
Netflix, Inc. (C) 4.875 06-15-30   18,644,000 18,327,052
Netflix, Inc. (C) 5.375 11-15-29   6,259,000 6,305,943
Netflix, Inc. 5.875 11-15-28   32,839,000 34,010,705
Playtika Holding Corp. (C) 4.250 03-15-29   3,991,000 3,495,118
Take-Two Interactive Software, Inc. 3.550 04-14-25   13,692,000 13,610,132
WMG Acquisition Corp. (C) 3.000 02-15-31   27,912,000 23,920,584
WMG Acquisition Corp. (C) 3.875 07-15-30   18,861,000 17,336,465
Interactive media and services 0.1%      
Match Group Holdings II LLC (C)(D) 3.625 10-01-31   9,772,000 8,303,268
16 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Interactive media and services (continued)      
Match Group Holdings II LLC (C) 4.125 08-01-30   14,047,000 $12,498,599
Twitter, Inc. (C) 3.875 12-15-27   14,798,000 14,239,523
Media 2.1%      
Altice Financing SA (C) 5.000 01-15-28   6,979,000 6,322,939
Altice France Holding SA (C) 10.500 05-15-27   4,417,000 4,340,718
Cable One, Inc. (C) 4.000 11-15-30   7,897,000 6,986,038
CCO Holdings LLC (C) 4.500 06-01-33   14,410,000 12,401,030
Charter Communications Operating LLC 3.900 06-01-52   16,253,000 12,124,220
Charter Communications Operating LLC 4.200 03-15-28   41,271,000 39,947,247
Charter Communications Operating LLC 4.800 03-01-50   49,824,000 42,833,650
Charter Communications Operating LLC 5.750 04-01-48   50,036,000 48,542,694
Charter Communications Operating LLC 6.484 10-23-45   38,852,000 40,113,213
Clear Channel Outdoor Holdings, Inc. (C) 7.750 04-15-28   6,716,000 5,635,328
Comcast Corp. 4.150 10-15-28   49,053,000 50,182,752
Globo Comunicacao e Participacoes SA (C) 4.875 01-22-30   25,650,000 22,124,792
LCPR Senior Secured Financing DAC (C) 5.125 07-15-29   8,324,000 7,572,759
LCPR Senior Secured Financing DAC (C) 6.750 10-15-27   10,382,000 10,459,865
News Corp. (C) 3.875 05-15-29   15,978,000 14,780,289
News Corp. (C) 5.125 02-15-32   7,797,000 7,426,643
Radiate Holdco LLC (C) 6.500 09-15-28   13,791,000 11,461,562
Sirius XM Radio, Inc. (C) 4.000 07-15-28   23,177,000 21,493,191
Sirius XM Radio, Inc. (C) 5.000 08-01-27   29,806,000 29,619,713
Stagwell Global LLC (C) 5.625 08-15-29   35,953,000 32,537,465
Townsquare Media, Inc. (C) 6.875 02-01-26   7,063,000 6,827,166
Univision Communications, Inc. (C) 4.500 05-01-29   7,219,000 6,614,409
Videotron, Ltd. (C) 3.625 06-15-29   11,982,000 10,244,610
Virgin Media Finance PLC (C) 5.000 07-15-30   5,989,000 5,346,380
Wireless telecommunication services 1.4%      
Millicom International Cellular SA (C) 4.500 04-27-31   2,745,000 2,369,841
Millicom International Cellular SA (C) 5.125 01-15-28   3,690,000 3,492,585
Millicom International Cellular SA (C) 6.250 03-25-29   14,440,500 14,130,029
MTN Mauritius Investments, Ltd. (C) 4.755 11-11-24   12,421,000 12,317,655
Oztel Holdings SPC, Ltd. (C)(D) 6.625 04-24-28   13,917,000 14,192,557
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) (E) 6.875 07-19-27   39,125,000 35,601,168
Sprint Corp. 7.875 09-15-23   18,175,000 19,038,313
Telefonica Celular del Paraguay SA (C) 5.875 04-15-27   13,976,000 13,559,934
T-Mobile USA, Inc. 2.050 02-15-28   35,500,000 31,646,169
T-Mobile USA, Inc. 2.550 02-15-31   14,702,000 12,762,558
T-Mobile USA, Inc. 2.875 02-15-31   3,484,000 3,057,280
T-Mobile USA, Inc. 3.375 04-15-29   29,680,000 27,494,810
T-Mobile USA, Inc. 3.750 04-15-27   19,854,000 19,601,135
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 17

  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Wireless telecommunication services (continued)      
T-Mobile USA, Inc. 3.875 04-15-30   40,030,000 $38,494,859
T-Mobile USA, Inc. 4.500 04-15-50   24,546,000 22,830,620
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) 7.000 04-04-79   37,015,000 38,801,714
Consumer discretionary 6.2%     1,352,432,528
Auto components 0.1%      
Aptiv PLC (D) 3.250 03-01-32   10,712,000 9,454,750
Dealer Tire LLC (C) 8.000 02-01-28   7,968,000 7,350,480
LCM Investments Holdings II LLC (C) 4.875 05-01-29   6,213,000 5,296,583
Automobiles 1.7%      
Daimler Finance North America LLC (C) 3.500 08-03-25   10,505,000 10,465,957
Ford Motor Company 3.250 02-12-32   12,651,000 10,694,523
Ford Motor Credit Company LLC 2.900 02-16-28   4,515,000 3,926,876
Ford Motor Credit Company LLC 4.000 11-13-30   13,199,000 11,879,100
Ford Motor Credit Company LLC 4.125 08-17-27   27,831,000 26,369,873
Ford Motor Credit Company LLC 4.134 08-04-25   69,096,000 67,344,416
Ford Motor Credit Company LLC 5.113 05-03-29   41,238,000 40,191,380
General Motors Company 5.400 04-01-48   11,218,000 10,381,939
General Motors Financial Company, Inc. 2.400 10-15-28   54,878,000 47,061,783
General Motors Financial Company, Inc. 3.600 06-21-30   60,147,000 53,953,527
General Motors Financial Company, Inc. 4.350 01-17-27   26,351,000 25,922,242
Hyundai Capital America (C) 1.000 09-17-24   27,108,000 25,474,118
Hyundai Capital America (C) 1.800 10-15-25   11,797,000 10,916,345
Hyundai Capital America (C) 2.375 10-15-27   10,962,000 9,832,685
Nissan Motor Acceptance Company LLC (C) 1.125 09-16-24   13,599,000 12,666,496
Diversified consumer services 0.2%      
GEMS MENASA Cayman, Ltd. (C) 7.125 07-31-26   14,169,000 13,786,437
Service Corp. International 4.000 05-15-31   18,037,000 16,768,819
Sotheby’s (C)(D) 7.375 10-15-27   12,300,000 12,012,604
Hotels, restaurants and leisure 3.0%      
Affinity Gaming (C) 6.875 12-15-27   10,775,000 9,579,481
Booking Holdings, Inc. 4.625 04-13-30   29,917,000 30,880,283
Caesars Resort Collection LLC (C) 5.750 07-01-25   8,014,000 8,045,255
CCM Merger, Inc. (C) 6.375 05-01-26   8,345,000 8,052,424
Choice Hotels International, Inc. 3.700 12-01-29   15,994,000 14,757,036
Choice Hotels International, Inc. 3.700 01-15-31   17,414,000 15,968,164
Dave & Buster’s, Inc. (C) 7.625 11-01-25   3,081,000 3,092,554
Expedia Group, Inc. 2.950 03-15-31   19,436,000 16,411,534
Expedia Group, Inc. 3.250 02-15-30   29,897,000 26,400,189
Expedia Group, Inc. 3.800 02-15-28   44,372,000 42,265,305
Expedia Group, Inc. 4.625 08-01-27   26,562,000 26,518,444
18 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Hotels, restaurants and leisure (continued)      
Expedia Group, Inc. 5.000 02-15-26   34,335,000 $34,889,061
Full House Resorts, Inc. (C) 8.250 02-15-28   9,403,000 8,509,715
Hilton Domestic Operating Company, Inc. (C) 3.625 02-15-32   17,376,000 15,073,680
Hilton Domestic Operating Company, Inc. (C) 4.000 05-01-31   11,306,000 10,364,210
Hilton Domestic Operating Company, Inc. 4.875 01-15-30   23,211,000 22,780,552
Hilton Domestic Operating Company, Inc. (C) 5.750 05-01-28   6,395,000 6,514,906
Hilton Grand Vacations Borrower Escrow LLC (C)(D) 4.875 07-01-31   13,024,000 11,478,963
Hilton Grand Vacations Borrower Escrow LLC (C) 5.000 06-01-29   16,411,000 15,261,902
Hyatt Hotels Corp. 1.800 10-01-24   14,464,000 13,853,331
Hyatt Hotels Corp. 6.000 04-23-30   12,930,000 13,504,168
International Game Technology PLC (C) 4.125 04-15-26   2,543,000 2,449,545
International Game Technology PLC (C) 5.250 01-15-29   4,076,000 3,975,527
International Game Technology PLC (C) 6.500 02-15-25   11,430,000 11,744,325
Jacobs Entertainment, Inc. (C) 6.750 02-15-29   7,277,000 6,717,908
Life Time, Inc. (C)(D) 8.000 04-15-26   8,064,000 7,911,469
Marriott International, Inc. 2.850 04-15-31   25,741,000 22,299,810
Marriott International, Inc. 3.125 06-15-26   9,705,000 9,404,797
Marriott International, Inc. 3.500 10-15-32   12,529,000 11,254,237
Marriott International, Inc. 4.625 06-15-30   24,226,000 23,988,004
Marriott Ownership Resorts, Inc. (C) 4.500 06-15-29   3,098,000 2,752,418
MGM Resorts International 4.750 10-15-28   29,156,000 26,536,479
Midwest Gaming Borrower LLC (C) 4.875 05-01-29   16,228,000 13,712,660
Mohegan Gaming & Entertainment (C) 8.000 02-01-26   20,765,000 19,197,450
New Red Finance, Inc. (C) 4.000 10-15-30   36,819,000 32,452,451
Papa John’s International, Inc. (C)(D) 3.875 09-15-29   2,940,000 2,631,153
Premier Entertainment Sub LLC (C) 5.625 09-01-29   11,856,000 9,395,880
Premier Entertainment Sub LLC (C) 5.875 09-01-31   33,280,000 26,048,922
Resorts World Las Vegas LLC (C) 4.625 04-16-29   19,445,000 16,565,779
Resorts World Las Vegas LLC (C) 4.625 04-06-31   8,500,000 6,999,102
Travel + Leisure Company (C) 4.625 03-01-30   9,653,000 8,373,978
Travel + Leisure Company 6.600 10-01-25   9,936,000 10,283,760
Wyndham Hotels & Resorts, Inc. (C) 4.375 08-15-28   9,122,000 8,607,702
Yum! Brands, Inc. 3.625 03-15-31   17,351,000 15,345,962
Yum! Brands, Inc. (C) 4.750 01-15-30   13,022,000 12,533,675
Household durables 0.4%      
Brookfield Residential Properties, Inc. (C) 5.000 06-15-29   9,654,000 8,161,009
Century Communities, Inc. (C) 3.875 08-15-29   23,828,000 20,608,837
Century Communities, Inc. 6.750 06-01-27   17,310,000 17,600,981
Empire Communities Corp. (C) 7.000 12-15-25   5,108,000 4,578,045
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 19

  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Household durables (continued)      
KB Home (D) 4.000 06-15-31   18,228,000 $15,744,435
MDC Holdings, Inc. 2.500 01-15-31   10,454,000 8,231,497
Toll Brothers Finance Corp. (D) 3.800 11-01-29   5,033,000 4,624,529
Internet and direct marketing retail 0.2%      
Amazon.com, Inc. 4.050 08-22-47   25,692,000 25,366,280
eBay, Inc. 2.700 03-11-30   34,480,000 30,509,934
Multiline retail 0.3%      
Dollar Tree, Inc. 4.200 05-15-28   48,304,000 48,161,311
Macy’s Retail Holdings LLC (C)(D) 5.875 04-01-29   4,584,000 4,315,538
Macy’s Retail Holdings LLC (C) 5.875 03-15-30   1,337,000 1,220,013
Macy’s Retail Holdings LLC (C) 6.125 03-15-32   2,507,000 2,250,033
Specialty retail 0.3%      
Asbury Automotive Group, Inc. (C) 4.625 11-15-29   3,401,000 3,135,331
Asbury Automotive Group, Inc. 4.750 03-01-30   14,462,000 13,124,265
AutoNation, Inc. 4.750 06-01-30   12,415,000 12,115,435
Group 1 Automotive, Inc. (C) 4.000 08-15-28   2,525,000 2,299,644
Ken Garff Automotive LLC (C) 4.875 09-15-28   9,464,000 8,183,805
Lithia Motors, Inc. (C) 3.875 06-01-29   7,350,000 6,787,636
Lithia Motors, Inc. (C)(D) 4.375 01-15-31   7,350,000 6,795,590
Lithia Motors, Inc. (C) 4.625 12-15-27   3,675,000 3,617,229
Specialty Building Products Holdings LLC (C) 6.375 09-30-26   2,636,000 2,431,710
Textiles, apparel and luxury goods 0.0%      
Levi Strauss & Company (C)(D) 3.500 03-01-31   6,193,000 5,434,358
Consumer staples 1.5%     335,886,065
Beverages 0.1%      
Anheuser-Busch InBev Worldwide, Inc. 4.600 04-15-48   25,824,000 24,571,509
Food and staples retailing 0.3%      
Advantage Sales & Marketing, Inc. (C) 6.500 11-15-28   24,297,000 21,641,338
Albertsons Companies, Inc. (C) 3.250 03-15-26   9,681,000 9,073,420
Albertsons Companies, Inc. (C) 3.500 03-15-29   23,295,000 20,273,871
U.S. Foods, Inc. (C) 4.750 02-15-29   14,199,000 13,328,246
Food products 0.9%      
BRF SA (C)(D) 5.750 09-21-50   19,438,000 14,572,669
Coruripe Netherlands BV (C) 10.000 02-10-27   18,985,000 16,749,706
Darling Ingredients, Inc. (C) 6.000 06-15-30   5,913,000 5,913,000
JBS Finance Luxembourg Sarl (C) 3.625 01-15-32   17,668,000 14,966,386
JBS USA LUX SA (C) 3.750 12-01-31   5,619,000 4,801,493
Kraft Heinz Foods Company 4.375 06-01-46   26,120,000 22,935,688
Kraft Heinz Foods Company 4.875 10-01-49   5,823,000 5,444,468
Kraft Heinz Foods Company 5.000 06-04-42   12,796,000 12,271,711
20 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Consumer staples (continued)      
Food products (continued)      
Kraft Heinz Foods Company 5.500 06-01-50   19,892,000 $20,320,471
Kraft Heinz Foods Company 6.500 02-09-40   14,325,000 16,002,230
MARB BondCo PLC (C) 3.950 01-29-31   26,902,000 22,467,205
NBM US Holdings, Inc. (C) 6.625 08-06-29   23,263,000 23,757,571
Post Holdings, Inc. (C) 5.500 12-15-29   17,011,000 16,197,619
Household products 0.1%      
Edgewell Personal Care Company (C) 4.125 04-01-29   9,887,000 8,978,236
Edgewell Personal Care Company (C) 5.500 06-01-28   19,847,000 19,302,597
Personal products 0.1%      
Natura Cosmeticos SA (C)(D) 4.125 05-03-28   11,873,000 10,718,781
Oriflame Investment Holding PLC (C) 5.125 05-04-26   17,182,000 11,597,850
Energy 5.1%     1,108,098,309
Energy equipment and services 0.2%      
CSI Compressco LP (C)(D) 7.500 04-01-25   20,084,000 18,887,750
CSI Compressco LP (C) 7.500 04-01-25   5,179,000 4,870,527
CSI Compressco LP (10.000% Cash or 7.250% Cash and 3.500% PIK) (C) 10.000 04-01-26   16,839,837 15,945,783
Inkia Energy, Ltd. (C) 5.875 11-09-27   4,600,000 4,260,796
Oil, gas and consumable fuels 4.9%      
Aker BP ASA (C) 3.000 01-15-25   13,687,000 13,407,948
Aker BP ASA (C) 3.750 01-15-30   15,636,000 14,571,386
Aker BP ASA (C) 4.000 01-15-31   35,401,000 33,210,725
Altera Infrastructure LP (C)(D) 8.500 07-15-23   16,547,000 9,100,850
Antero Midstream Partners LP (C) 5.375 06-15-29   16,047,000 16,089,123
Antero Resources Corp. (C)(D) 5.375 03-01-30   5,836,000 5,919,046
Ascent Resources Utica Holdings LLC (C) 5.875 06-30-29   20,673,000 19,794,398
Cheniere Energy Partners LP 4.000 03-01-31   32,214,000 29,757,683
Cheniere Energy Partners LP 4.500 10-01-29   32,119,000 31,334,012
Continental Resources, Inc. 4.900 06-01-44   13,606,000 12,219,685
Coterra Energy, Inc. (C) 4.375 06-01-24   15,553,000 15,728,447
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 12,538,598
Diamondback Energy, Inc. 3.125 03-24-31   17,121,000 15,525,659
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) 5.500 07-15-77   22,814,000 20,569,932
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) 5.750 07-15-80   24,440,000 23,209,441
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 6.250 03-01-78   22,746,000 21,965,921
Energean Israel Finance, Ltd. (C) 5.375 03-30-28   6,461,000 5,970,416
Energean Israel Finance, Ltd. (C) 5.875 03-30-31   11,574,000 10,516,446
Energy Transfer LP 4.200 04-15-27   15,466,000 15,232,059
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 21

  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Energy Transfer LP 5.150 03-15-45   24,388,000 $21,855,331
Energy Transfer LP 5.250 04-15-29   51,517,000 52,718,666
Energy Transfer LP 5.400 10-01-47   17,042,000 15,686,766
Energy Transfer LP 5.500 06-01-27   23,511,000 24,368,485
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (E) 6.500 11-15-26   30,996,000 28,938,770
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 5.250 08-16-77   41,461,000 35,990,852
EQM Midstream Partners LP (C) 7.500 06-01-30   1,610,000 1,610,000
EQM Midstream Partners LP (C) 7.500 06-01-27   2,859,000 2,859,000
EQT Corp. 7.500 02-01-30   9,489,000 10,534,498
Hess Midstream Operations LP (C) 4.250 02-15-30   5,230,000 4,793,034
Hess Midstream Operations LP (C) 5.500 10-15-30   2,295,000 2,263,788
Inversiones Latin America Power Ltda (C) 5.125 06-15-33   12,637,071 8,530,023
Kinder Morgan Energy Partners LP 7.750 03-15-32   15,840,000 19,144,816
Leviathan Bond, Ltd. (C) 6.500 06-30-27   29,476,000 29,256,782
Leviathan Bond, Ltd. (C) 6.750 06-30-30   4,949,000 4,878,542
Lundin Energy Finance BV (C) 3.100 07-15-31   23,855,000 21,002,854
MC Brazil Downstream Trading SARL (C)(D) 7.250 06-30-31   18,736,000 16,698,460
Midwest Connector Capital Company LLC (C) 3.900 04-01-24   26,438,000 26,273,451
MPLX LP 4.000 03-15-28   19,922,000 19,470,077
MPLX LP 4.125 03-01-27   5,490,000 5,436,454
MPLX LP 4.250 12-01-27   15,703,000 15,547,957
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (D)(E) 6.875 02-15-23   54,894,000 53,266,482
Ovintiv, Inc. 7.200 11-01-31   3,846,000 4,361,466
Parkland Corp. (C) 4.500 10-01-29   12,267,000 11,078,450
Parkland Corp. (C) 4.625 05-01-30   11,791,000 10,633,242
Petrobras Global Finance BV 6.900 03-19-49   11,558,000 10,911,561
Petrorio Luxembourg Trading Sarl (C) 6.125 06-09-26   10,991,000 10,540,479
Sabine Pass Liquefaction LLC 4.200 03-15-28   13,493,000 13,336,323
Sabine Pass Liquefaction LLC 4.500 05-15-30   28,938,000 28,839,466
Sabine Pass Liquefaction LLC 5.000 03-15-27   12,815,000 13,210,272
Sabine Pass Liquefaction LLC 5.875 06-30-26   16,234,000 17,145,923
Southwestern Energy Company 4.750 02-01-32   9,065,000 8,859,134
Sunoco LP 4.500 05-15-29   7,321,000 6,815,851
Sunoco LP (C) 4.500 04-30-30   17,216,000 15,666,560
Targa Resources Corp. 4.950 04-15-52   29,927,000 27,402,039
Targa Resources Partners LP 4.000 01-15-32   24,529,000 22,382,713
The Williams Companies, Inc. 3.750 06-15-27   25,351,000 24,860,632
The Williams Companies, Inc. 4.550 06-24-24   51,970,000 52,827,474
22 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
The Williams Companies, Inc. 5.750 06-24-44   7,401,000 $7,702,185
TransCanada PipeLines, Ltd. 4.250 05-15-28   13,625,000 13,712,090
Venture Global Calcasieu Pass LLC (C) 3.875 08-15-29   6,386,000 6,041,667
Venture Global Calcasieu Pass LLC (C) 4.125 08-15-31   10,687,000 10,019,063
Financials 11.6%     2,533,649,948
Banks 6.6%      
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year ICE Swap Rate + 5.168%) (C)(E) 6.750 06-15-26   14,230,000 14,763,625
Banco Davivienda SA (6.650% to 4-22-31, then 10 Year CMT + 5.097%) (C)(E) 6.650 04-22-31   8,079,000 7,008,533
Banco Santander SA 4.379 04-12-28   19,106,000 18,752,329
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) 2.087 06-14-29   37,794,000 33,307,831
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 2.592 04-29-31   33,019,000 29,001,680
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 2.687 04-22-32   62,212,000 54,217,861
Bank of America Corp. 3.248 10-21-27   30,664,000 29,694,919
Bank of America Corp. (3.846% to 3-8-32, then 5 Year CMT + 2.000%) 3.846 03-08-37   30,104,000 27,254,815
Bank of America Corp. 3.950 04-21-25   32,757,000 32,976,532
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) (E) 6.300 03-10-26   45,996,000 46,871,058
Barclays PLC 4.375 01-12-26   20,493,000 20,557,106
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (E) 4.375 03-15-28   25,632,000 21,537,937
BPCE SA (C) 4.500 03-15-25   20,953,000 20,964,233
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) 2.561 05-01-32   17,677,000 15,131,248
Citigroup, Inc. 3.200 10-21-26   42,722,000 41,408,690
Citigroup, Inc. 4.600 03-09-26   52,077,000 52,800,270
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) (E) 4.700 01-30-25   40,778,000 36,327,897
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (E) 6.250 08-15-26   28,239,000 28,336,583
Citizens Financial Group, Inc. 3.250 04-30-30   38,429,000 35,109,334
Credit Agricole SA (C) 2.811 01-11-41   16,269,000 11,731,373
Credit Agricole SA (C) 3.250 01-14-30   34,359,000 30,364,422
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) (C)(E) 7.875 01-23-24   18,705,000 19,245,200
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (E) 5.100 06-30-23   19,543,000 18,486,786
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 23

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
Freedom Mortgage Corp. (C) 8.125 11-15-24   16,897,000 $16,080,815
Freedom Mortgage Corp. (C) 8.250 04-15-25   5,330,000 4,936,822
HSBC Holdings PLC (6.375% to 3-30-25, then 5 Year ICE Swap Rate + 4.368%) (E) 6.375 03-30-25   7,004,000 7,074,979
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (E) 6.500 04-16-25   7,245,000 7,228,535
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) (C) 4.198 06-01-32   12,859,000 10,532,563
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) 2.522 04-22-31   37,839,000 33,326,935
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) 2.956 05-13-31   34,052,000 30,387,057
JPMorgan Chase & Co. (2.963% to 1-25-32, then SOFR + 1.260%) 2.963 01-25-33   7,549,000 6,739,589
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (E) 4.600 02-01-25   29,100,000 26,083,920
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (E) 6.750 02-01-24   37,792,000 38,852,066
Lloyds Banking Group PLC 4.450 05-08-25   64,749,000 65,764,490
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (E) 7.500 06-27-24   22,339,000 22,871,741
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (E) 5.125 11-01-26   10,483,000 9,739,606
NatWest Group PLC (3.754% to 11-1-24, then 5 Year CMT + 2.100%) 3.754 11-01-29   12,650,000 12,369,049
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) (D)(E) 6.000 12-29-25   28,242,000 27,667,021
NatWest Markets PLC (C) 1.600 09-29-26   38,513,000 34,694,166
PNC Bank NA 4.050 07-26-28   7,606,000 7,565,637
Santander Holdings USA, Inc. (2.490% to 1-6-27, then SOFR + 1.249%) 2.490 01-06-28   23,584,000 21,414,917
Santander Holdings USA, Inc. 3.244 10-05-26   54,351,000 51,997,609
Santander Holdings USA, Inc. 3.450 06-02-25   47,214,000 46,402,999
Santander Holdings USA, Inc. 4.400 07-13-27   11,817,000 11,693,021
Societe Generale SA (4.750% to 5-26-26, then 5 Year CMT + 3.931%) (C)(E) 4.750 05-26-26   22,976,000 20,419,295
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (C)(D)(E) 5.375 11-18-30   22,339,000 19,487,894
The PNC Financial Services Group, Inc. (3.400% to 9-15-26, then 5 Year CMT + 2.595%) (E) 3.400 09-15-26   38,012,000 31,738,844
24 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) (E) 4.850 06-01-23   14,899,000 $14,306,732
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) (B)(E) 4.964 08-01-22   29,683,000 29,388,260
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) 2.393 06-02-28   56,542,000 52,182,704
Wells Fargo & Company (2.879% to 10-30-29, then SOFR + 1.432%) 2.879 10-30-30   44,389,000 40,386,849
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) 3.068 04-30-41   25,324,000 20,736,658
Wells Fargo & Company (3.350% to 3-2-32, then SOFR + 1.500%) 3.350 03-02-33   21,978,000 20,274,992
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (E) 5.875 06-15-25   66,361,000 66,029,195
Capital markets 2.6%      
Ares Capital Corp. 2.150 07-15-26   33,646,000 29,609,078
Ares Capital Corp. 2.875 06-15-28   20,963,000 17,736,086
Ares Capital Corp. 3.875 01-15-26   23,776,000 22,737,941
Ares Capital Corp. 4.200 06-10-24   19,386,000 19,458,642
Blackstone Private Credit Fund (C) 2.350 11-22-24   24,290,000 22,778,107
Blackstone Private Credit Fund (C) 2.700 01-15-25   19,200,000 18,014,891
Blackstone Private Credit Fund (C) 3.250 03-15-27   5,483,000 4,848,378
Blackstone Private Credit Fund (C) 4.000 01-15-29   27,133,000 23,968,228
Cantor Fitzgerald LP (C) 4.875 05-01-24   29,539,000 30,146,024
Deutsche Bank AG (2.311% to 11-16-26, then SOFR + 1.219%) 2.311 11-16-27   22,438,000 19,861,688
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) 3.742 01-07-33   29,929,000 24,466,429
Lazard Group LLC 4.375 03-11-29   14,330,000 13,971,972
Macquarie Bank, Ltd. (C) 3.624 06-03-30   17,809,000 15,840,728
Macquarie Bank, Ltd. (C) 4.875 06-10-25   21,865,000 22,124,846
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) 2.239 07-21-32   14,763,000 12,462,787
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) 2.484 09-16-36   44,428,000 35,836,423
Morgan Stanley 3.875 01-27-26   21,682,000 21,727,017
MSCI, Inc. (C)(D) 3.250 08-15-33   19,492,000 16,990,007
MSCI, Inc. (C) 3.625 11-01-31   22,874,000 20,694,108
S&P Global, Inc. (C) 4.750 08-01-28   11,278,000 11,731,998
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) 2.615 04-22-32   76,922,000 66,282,381
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then SOFR + 1.264%) 2.650 10-21-32   29,672,000 25,434,694
The Goldman Sachs Group, Inc. 3.850 01-26-27   55,332,000 54,850,350
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 25

  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Capital markets (continued)      
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) (C)(E) 7.000 01-31-24   16,988,000 $17,326,660
Consumer finance 0.4%      
Ally Financial, Inc. 5.125 09-30-24   36,496,000 37,645,662
Discover Financial Services 4.100 02-09-27   9,359,000 9,275,750
Enova International, Inc. (C) 8.500 09-01-24   3,762,000 3,608,901
Enova International, Inc. (C) 8.500 09-15-25   17,273,000 15,502,518
OneMain Finance Corp. 6.875 03-15-25   5,750,000 5,843,840
Unifin Financiera SAB de CV (C) 9.875 01-28-29   16,671,000 7,672,994
Diversified financial services 0.3%      
Jefferies Group LLC 4.150 01-23-30   24,170,000 22,701,782
Jefferies Group LLC 4.850 01-15-27   20,117,000 20,454,834
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) 5.650 05-15-53   33,960,000 32,941,737
Insurance 1.5%      
Athene Holding, Ltd. 3.500 01-15-31   13,118,000 11,701,777
AXA SA 8.600 12-15-30   11,242,000 13,854,753
CNA Financial Corp. 2.050 08-15-30   11,031,000 9,196,098
CNO Financial Group, Inc. 5.250 05-30-25   11,065,000 11,399,030
CNO Financial Group, Inc. 5.250 05-30-29   30,851,000 31,284,872
Liberty Mutual Group, Inc. (4.125% to 9-15-26, then 5 Year CMT + 3.315%) (C) 4.125 12-15-51   22,859,000 19,889,325
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 6.400 12-15-36   24,309,000 24,977,498
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) (C) 9.250 04-08-38   6,634,000 8,034,493
New York Life Insurance Company (C) 3.750 05-15-50   13,513,000 11,538,133
Nippon Life Insurance Company (2.750% to 1-21-31, then 5 Year CMT + 2.653%) (C) 2.750 01-21-51   38,069,000 32,154,886
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 21,664,189
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) 5.125 03-01-52   14,800,000 14,226,500
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) 5.875 09-15-42   53,119,000 52,904,120
SBL Holdings, Inc. (C) 5.000 02-18-31   22,901,000 20,123,155
Teachers Insurance & Annuity Association of America (C) 4.270 05-15-47   28,134,000 26,141,839
Unum Group 4.125 06-15-51   10,996,000 8,481,052
Thrifts and mortgage finance 0.2%      
Nationstar Mortgage Holdings, Inc. (C) 5.125 12-15-30   10,058,000 9,003,956
26 JOHN HANCOCK BOND FUND | ANNUAL 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 $10,604,200
Nationstar Mortgage Holdings, Inc. (C) 6.000 01-15-27   6,021,000 5,839,768
Radian Group, Inc. 4.500 10-01-24   12,023,000 11,857,601
Health care 2.7%     581,483,849
Biotechnology 0.4%      
AbbVie, Inc. 3.200 11-21-29   102,266,000 96,133,866
Health care equipment and supplies 0.1%      
Varex Imaging Corp. (C) 7.875 10-15-27   9,865,000 10,000,644
Health care providers and services 1.7%      
AdaptHealth LLC (C) 5.125 03-01-30   11,714,000 10,184,664
AmerisourceBergen Corp. 2.800 05-15-30   25,603,000 23,082,740
Anthem, Inc. 2.250 05-15-30   9,636,000 8,445,029
Centene Corp. 3.000 10-15-30   22,602,000 20,105,383
Centene Corp. 3.375 02-15-30   12,115,000 11,115,513
Centene Corp. 4.250 12-15-27   6,580,000 6,547,100
Centene Corp. 4.625 12-15-29   9,945,000 9,801,195
CVS Health Corp. 3.750 04-01-30   22,401,000 21,609,445
CVS Health Corp. 4.300 03-25-28   11,813,000 11,960,206
CVS Health Corp. 5.050 03-25-48   23,954,000 24,399,414
DaVita, Inc. (C) 3.750 02-15-31   25,782,000 21,130,154
DaVita, Inc. (C) 4.625 06-01-30   25,690,000 22,318,188
Encompass Health Corp. 4.500 02-01-28   9,496,000 8,828,123
Encompass Health Corp. 4.625 04-01-31   8,984,000 7,962,070
Fresenius Medical Care US Finance III, Inc. (C) 2.375 02-16-31   41,343,000 33,880,821
HCA, Inc. 4.125 06-15-29   20,511,000 19,869,497
HCA, Inc. 5.250 04-15-25   21,962,000 22,777,971
HCA, Inc. (D) 5.250 06-15-26   18,315,000 18,978,105
Rede D’or Finance Sarl (C) 4.500 01-22-30   16,468,000 14,352,027
Select Medical Corp. (C) 6.250 08-15-26   17,348,000 17,305,844
Universal Health Services, Inc. (C) 1.650 09-01-26   22,040,000 19,707,729
Universal Health Services, Inc. (C) 2.650 10-15-30   23,046,000 19,492,569
Pharmaceuticals 0.5%      
Catalent Pharma Solutions, Inc. (C) 3.125 02-15-29   3,886,000 3,486,539
Catalent Pharma Solutions, Inc. (C) 5.000 07-15-27   3,791,000 3,743,745
Jazz Securities DAC (C) 4.375 01-15-29   6,749,000 6,512,785
Organon & Company (C) 5.125 04-30-31   20,418,000 19,629,355
Royalty Pharma PLC 1.750 09-02-27   12,549,000 11,070,405
Viatris, Inc. 2.300 06-22-27   11,686,000 10,438,019
Viatris, Inc. 2.700 06-22-30   30,024,000 25,105,582
Viatris, Inc. 4.000 06-22-50   28,818,000 21,509,122
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 27

  Rate (%) Maturity date   Par value^ Value
Industrials 6.8%     $1,485,936,881
Aerospace and defense 0.9%      
DAE Funding LLC (C) 2.625 03-20-25   24,111,000 22,417,299
Huntington Ingalls Industries, Inc. 4.200 05-01-30   24,364,000 23,507,037
The Boeing Company 3.200 03-01-29   25,154,000 22,457,877
The Boeing Company 5.040 05-01-27   41,668,000 41,865,186
The Boeing Company 5.150 05-01-30   26,956,000 26,799,358
The Boeing Company 5.805 05-01-50   21,019,000 20,681,813
TransDigm, Inc. 5.500 11-15-27   44,422,000 42,528,734
Air freight and logistics 0.0%      
Simpar Europe SA (C) 5.200 01-26-31   6,695,000 5,523,375
Airlines 2.4%      
Air Canada 2013-1 Class A Pass Through Trust (C) 4.125 05-15-25   8,921,945 8,565,068
Air Canada 2017-1 Class B Pass Through Trust (C) 3.700 01-15-26   9,969,583 9,371,408
Alaska Airlines 2020-1 Class B Pass Through Trust (C) 8.000 08-15-25   7,986,302 8,432,683
American Airlines 2015-1 Class A Pass Through Trust 3.375 05-01-27   59,045,272 52,747,462
American Airlines 2015-1 Class B Pass Through Trust 3.700 05-01-23   12,739,713 12,251,120
American Airlines 2016-1 Class A Pass Through Trust 4.100 01-15-28   21,175,715 18,466,515
American Airlines 2017-1 Class A Pass Through Trust 4.000 02-15-29   6,753,113 5,816,068
American Airlines 2017-1 Class AA Pass Through Trust 3.650 02-15-29   15,638,588 14,493,256
American Airlines 2017-2 Class A Pass Through Trust 3.600 10-15-29   14,136,867 12,227,126
American Airlines 2019-1 Class A Pass Through Trust 3.500 02-15-32   22,799,296 18,321,453
American Airlines 2019-1 Class AA Pass Through Trust 3.150 02-15-32   15,548,137 13,915,582
American Airlines 2021-1 Class A Pass Through Trust 2.875 07-11-34   13,660,000 12,004,573
American Airlines 2021-1 Class B Pass Through Trust 3.950 07-11-30   10,179,000 8,962,181
British Airways 2013-1 Class A Pass Through Trust (C) 4.625 06-20-24   9,284,139 9,144,877
British Airways 2018-1 Class A Pass Through Trust (C) 4.125 09-20-31   7,428,058 6,759,533
British Airways 2020-1 Class A Pass Through Trust (C) 4.250 11-15-32   7,161,245 6,854,749
British Airways 2020-1 Class B Pass Through Trust (C) 8.375 11-15-28   5,430,983 5,840,372
Delta Air Lines, Inc. 2.900 10-28-24   41,435,000 40,180,555
Delta Air Lines, Inc. (D) 4.375 04-19-28   26,290,000 24,906,357
28 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Airlines (continued)      
Delta Air Lines, Inc. (C) 4.500 10-20-25   5,725,000 $5,711,286
Delta Air Lines, Inc. (C) 4.750 10-20-28   20,881,627 20,853,470
JetBlue 2019-1 Class AA Pass Through Trust 2.750 05-15-32   16,614,112 14,523,962
United Airlines 2014-2 Class A Pass Through Trust 3.750 09-03-26   29,454,119 27,963,452
United Airlines 2014-2 Class B Pass Through Trust 4.625 09-03-22   6,320,255 6,311,365
United Airlines 2016-1 Class A Pass Through Trust 3.450 07-07-28   25,328,292 21,466,614
United Airlines 2016-1 Class B Pass Through Trust 3.650 01-07-26   22,756,157 20,793,261
United Airlines 2018-1 Class B Pass Through Trust 4.600 03-01-26   5,249,611 4,887,896
United Airlines 2019-1 Class A Pass Through Trust 4.550 08-25-31   13,691,567 12,978,751
United Airlines 2020-1 Class A Pass Through Trust 5.875 10-15-27   48,588,387 48,831,329
United Airlines 2020-1 Class B Pass Through Trust 4.875 01-15-26   10,516,100 10,148,037
United Airlines, Inc. (C) 4.375 04-15-26   1,856,000 1,791,119
United Airlines, Inc. (C) 4.625 04-15-29   4,647,000 4,359,815
US Airways 2010-1 Class A Pass Through Trust 6.250 04-22-23   4,448,307 4,411,164
US Airways 2011-1 Class A Pass Through Trust 7.125 10-22-23   11,490,934 11,607,837
US Airways 2012-1 Class A Pass Through Trust 5.900 10-01-24   4,619,195 4,625,590
US Airways 2012-2 Class A Pass Through Trust 4.625 06-03-25   11,251,649 10,586,858
Building products 0.2%      
Builders FirstSource, Inc. (C) 4.250 02-01-32   19,875,000 17,722,935
Builders FirstSource, Inc. (C) 5.000 03-01-30   2,354,000 2,207,630
Builders FirstSource, Inc. (C) 6.750 06-01-27   3,493,000 3,571,156
MIWD Holdco II LLC (C) 5.500 02-01-30   3,500,000 2,975,394
Owens Corning 3.950 08-15-29   20,949,000 20,086,797
Commercial services and supplies 0.7%      
Albion Financing 1 Sarl (C) 6.125 10-15-26   12,103,000 11,033,579
Allied Universal Holdco LLC (C) 6.000 06-01-29   6,511,000 5,268,050
APX Group, Inc. (C)(D) 5.750 07-15-29   17,529,000 14,839,526
Cimpress PLC (C) 7.000 06-15-26   26,170,000 22,244,500
Clean Harbors, Inc. (C) 4.875 07-15-27   2,733,000 2,698,838
Deluxe Corp. (C) 8.000 06-01-29   8,022,000 7,109,498
Garda World Security Corp. (C) 6.000 06-01-29   13,405,000 11,068,106
GFL Environmental, Inc. (C) 3.500 09-01-28   22,720,000 20,732,000
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 29

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Commercial services and supplies (continued)      
GFL Environmental, Inc. (C) 4.375 08-15-29   15,857,000 $14,152,373
GFL Environmental, Inc. (C) 4.750 06-15-29   9,994,000 9,104,309
Graphic Packaging International LLC (C) 3.500 03-01-29   17,119,000 15,449,898
Legends Hospitality Holding Company LLC (C) 5.000 02-01-26   4,392,000 4,108,123
Prime Security Services Borrower LLC (C) 3.375 08-31-27   3,713,000 3,323,135
Prime Security Services Borrower LLC (C) 6.250 01-15-28   13,549,000 12,475,919
Williams Scotsman International, Inc. (C) 4.625 08-15-28   4,183,000 3,954,901
Construction and engineering 0.2%      
Global Infrastructure Solutions, Inc. (C) 5.625 06-01-29   17,739,000 14,879,651
MasTec, Inc. (C) 4.500 08-15-28   11,194,000 10,672,872
Picasso Finance Sub, Inc. (C) 6.125 06-15-25   1,601,000 1,629,018
Tutor Perini Corp. (C)(D) 6.875 05-01-25   20,940,000 19,474,200
Electrical equipment 0.1%      
Atkore, Inc. (C) 4.250 06-01-31   6,560,000 5,986,000
Vertiv Group Corp. (C) 4.125 11-15-28   20,799,000 18,490,415
Machinery 0.2%      
Flowserve Corp. 3.500 10-01-30   12,857,000 11,453,593
Hillenbrand, Inc. 3.750 03-01-31   13,621,000 11,986,480
JB Poindexter & Company, Inc. (C) 7.125 04-15-26   7,764,000 7,691,096
TK Elevator U.S. Newco, Inc. (C) 5.250 07-15-27   6,702,000 6,534,450
Professional services 0.2%      
CoStar Group, Inc. (C) 2.800 07-15-30   30,088,000 26,000,836
TriNet Group, Inc. (C) 3.500 03-01-29   13,101,000 11,679,673
Road and rail 0.4%      
The Hertz Corp. (C) 5.000 12-01-29   5,148,000 4,517,370
Uber Technologies, Inc. (C) 4.500 08-15-29   32,081,000 29,014,858
Uber Technologies, Inc. (C) 7.500 05-15-25   16,479,000 16,997,594
Uber Technologies, Inc. (C) 7.500 09-15-27   28,505,000 29,465,191
Trading companies and distributors 1.4%      
AerCap Ireland Capital DAC 1.650 10-29-24   20,825,000 19,522,534
AerCap Ireland Capital DAC 1.750 01-30-26   28,153,000 25,139,322
AerCap Ireland Capital DAC 2.450 10-29-26   59,810,000 53,481,040
AerCap Ireland Capital DAC 2.875 08-14-24   26,769,000 25,912,255
AerCap Ireland Capital DAC 3.650 07-21-27   8,425,000 7,856,605
Air Lease Corp. 2.100 09-01-28   14,336,000 12,165,389
Air Lease Corp. 2.875 01-15-26   12,722,000 11,972,783
Air Lease Corp. 3.625 12-01-27   10,511,000 9,865,449
Alta Equipment Group, Inc. (C) 5.625 04-15-26   4,060,000 3,654,000
Ashtead Capital, Inc. (C) 2.450 08-12-31   14,429,000 11,615,934
Ashtead Capital, Inc. (C) 4.250 11-01-29   9,234,000 8,653,661
Ashtead Capital, Inc. (C) 4.375 08-15-27   15,640,000 15,250,095
30 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Trading companies and distributors (continued)      
Beacon Roofing Supply, Inc. (C) 4.125 05-15-29   13,448,000 $11,849,612
BlueLinx Holdings, Inc. (C) 6.000 11-15-29   18,852,000 16,778,280
Boise Cascade Company (C) 4.875 07-01-30   3,222,000 2,988,344
H&E Equipment Services, Inc. (C) 3.875 12-15-28   18,683,000 16,299,049
SMBC Aviation Capital Finance DAC (C) 2.300 06-15-28   11,559,000 9,590,194
United Rentals North America, Inc. 3.875 11-15-27   13,783,000 13,228,372
United Rentals North America, Inc. 3.875 02-15-31   11,656,000 10,585,105
United Rentals North America, Inc. 4.875 01-15-28   26,983,000 26,915,543
Transportation infrastructure 0.1%      
Adani Ports & Special Economic Zone, Ltd. (C) 3.100 02-02-31   18,907,000 15,119,928
Information technology 4.4%     969,015,926
Communications equipment 0.3%      
Motorola Solutions, Inc. 2.300 11-15-30   34,643,000 28,148,689
Motorola Solutions, Inc. 2.750 05-24-31   31,747,000 26,409,298
Motorola Solutions, Inc. 4.600 05-23-29   10,368,000 10,171,437
IT services 0.5%      
Block, Inc. (C) 2.750 06-01-26   5,930,000 5,469,387
Block, Inc. (C) 3.500 06-01-31   8,050,000 6,902,875
CGI, Inc. (C) 1.450 09-14-26   24,919,000 22,342,310
Gartner, Inc. (C) 3.625 06-15-29   7,938,000 7,243,425
Gartner, Inc. (C) 3.750 10-01-30   4,433,000 4,111,608
Gartner, Inc. (C) 4.500 07-01-28   25,252,000 24,556,307
PayPal Holdings, Inc. 2.850 10-01-29   13,632,000 12,568,096
Sabre GLBL, Inc. (C) 7.375 09-01-25   14,309,000 14,130,138
VeriSign, Inc. 2.700 06-15-31   16,408,000 13,700,045
VeriSign, Inc. 5.250 04-01-25   10,167,000 10,542,111
Semiconductors and semiconductor equipment 2.1%      
Broadcom, Inc. (C) 3.419 04-15-33   36,373,000 31,314,517
Broadcom, Inc. 4.750 04-15-29   92,054,000 92,022,665
Broadcom, Inc. (C) 4.926 05-15-37   41,296,000 39,044,157
KLA Corp. 4.100 03-15-29   21,329,000 21,472,196
Marvell Technology, Inc. 2.450 04-15-28   32,228,000 28,749,095
Micron Technology, Inc. 4.185 02-15-27   70,958,000 70,987,557
Micron Technology, Inc. 4.975 02-06-26   11,668,000 12,039,561
Micron Technology, Inc. 5.327 02-06-29   60,170,000 62,091,888
NXP BV 3.250 05-11-41   10,981,000 8,633,847
NXP BV 3.875 06-18-26   36,894,000 36,412,105
Qorvo, Inc. (C) 1.750 12-15-24   19,524,000 18,563,029
Qorvo, Inc. (C) 3.375 04-01-31   16,254,000 13,606,223
Renesas Electronics Corp. (C) 1.543 11-26-24   21,821,000 20,584,097
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 31

  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Software 0.6%      
Autodesk, Inc. 2.850 01-15-30   10,308,000 $9,256,248
Consensus Cloud Solutions, Inc. (C)(D) 6.500 10-15-28   18,197,000 16,424,430
Infor, Inc. (C) 1.750 07-15-25   7,620,000 7,125,451
Oracle Corp. 2.950 04-01-30   56,025,000 48,881,391
PTC, Inc. (C) 4.000 02-15-28   4,935,000 4,708,369
Workday, Inc. 3.500 04-01-27   16,045,000 15,741,283
Workday, Inc. 3.800 04-01-32   18,176,000 17,091,809
Ziff Davis, Inc. (C) 4.625 10-15-30   13,864,000 12,110,343
Technology hardware, storage and peripherals 0.9%      
Atento Luxco 1 SA (C)(D) 8.000 02-10-26   9,050,000 7,150,612
CDW LLC 3.250 02-15-29   8,552,000 7,547,140
CDW LLC 3.569 12-01-31   31,977,000 28,296,139
Dell International LLC (C) 3.450 12-15-51   31,127,000 22,562,402
Dell International LLC 4.900 10-01-26   41,660,000 42,514,277
Dell International LLC 5.300 10-01-29   20,296,000 20,614,654
Dell International LLC 5.850 07-15-25   12,962,000 13,622,668
Dell International LLC 8.350 07-15-46   6,123,000 8,068,650
Western Digital Corp. 4.750 02-15-26   27,865,000 27,861,378
Xerox Holdings Corp. (C) 5.500 08-15-28   19,366,000 17,622,019
Materials 2.5%     547,315,790
Chemicals 1.0%      
Braskem Idesa SAPI (C) 6.990 02-20-32   13,611,000 12,018,649
Braskem Netherlands Finance BV (C) 5.875 01-31-50   24,630,000 22,226,338
Braskem Netherlands Finance BV (8.500% to 10-24-25, then 5 Year CMT + 8.220%) (C) 8.500 01-23-81   20,288,000 21,657,440
CVR Partners LP (C) 6.125 06-15-28   7,964,000 7,616,132
Cydsa SAB de CV (C) 6.250 10-04-27   15,362,000 14,113,991
FS Luxembourg Sarl (C) 10.000 12-15-25   23,241,000 24,513,677
INEOS Quattro Finance 2 PLC (C) 3.375 01-15-26   4,430,000 4,097,174
LSB Industries, Inc. (C) 6.250 10-15-28   10,210,000 10,091,154
Methanex Corp. 4.250 12-01-24   16,813,000 16,710,441
Orbia Advance Corp. SAB de CV (C) 5.500 01-15-48   6,645,000 5,844,278
Sasol Financing USA LLC 5.500 03-18-31   27,355,000 23,853,560
Trinseo Materials Operating SCA (C) 5.125 04-01-29   14,458,000 12,072,430
Tronox, Inc. (C) 4.625 03-15-29   16,051,000 14,726,793
Valvoline, Inc. (C) 3.625 06-15-31   21,112,000 18,755,320
WR Grace Holdings LLC (C) 4.875 06-15-27   9,967,000 9,316,853
Construction materials 0.3%      
Cemex SAB de CV (C) 3.875 07-11-31   20,794,000 17,622,915
Cemex SAB de CV (C) 5.200 09-17-30   17,916,000 16,828,499
Standard Industries, Inc. (C) 3.375 01-15-31   8,626,000 7,239,888
32 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Materials (continued)      
Construction materials (continued)      
Standard Industries, Inc. (C) 4.375 07-15-30   10,985,000 $9,896,441
Standard Industries, Inc. (C) 5.000 02-15-27   4,561,000 4,418,469
Vulcan Materials Company 3.500 06-01-30   15,799,000 14,814,803
Containers and packaging 0.2%      
Clydesdale Acquisition Holdings, Inc. (C) 6.625 04-15-29   1,764,000 1,741,950
Graham Packaging Company, Inc. (C) 7.125 08-15-28   1,394,000 1,143,301
Mauser Packaging Solutions Holding Company (C) 8.500 04-15-24   2,721,000 2,707,395
Owens-Brockway Glass Container, Inc. (C)(D) 6.625 05-13-27   9,013,000 8,886,908
Pactiv Evergreen Group Issuer LLC (C) 4.000 10-15-27   24,222,000 21,920,910
Pactiv Evergreen Group Issuer LLC (C) 4.375 10-15-28   11,571,000 10,420,958
Trident TPI Holdings, Inc. (C) 6.625 11-01-25   5,167,000 4,831,145
Metals and mining 1.0%      
Anglo American Capital PLC (C) 3.875 03-16-29   5,949,000 5,657,153
Anglo American Capital PLC (C) 4.750 04-10-27   16,430,000 16,698,714
Arconic Corp. (C) 6.125 02-15-28   10,635,000 10,427,081
First Quantum Minerals, Ltd. (C) 6.500 03-01-24   8,050,000 8,030,347
First Quantum Minerals, Ltd. (C) 6.875 03-01-26   9,625,000 9,656,281
First Quantum Minerals, Ltd. (C) 6.875 10-15-27   15,223,000 15,191,112
First Quantum Minerals, Ltd. (C) 7.250 04-01-23   1,640,000 1,640,593
First Quantum Minerals, Ltd. (C) 7.500 04-01-25   11,526,000 11,616,104
Freeport-McMoRan, Inc. 4.250 03-01-30   25,953,000 24,508,554
Freeport-McMoRan, Inc. 4.625 08-01-30   18,992,000 18,371,341
Freeport-McMoRan, Inc. 5.450 03-15-43   30,200,000 29,705,626
Hudbay Minerals, Inc. (C) 4.500 04-01-26   4,708,000 4,183,717
JW Aluminum Continuous Cast Company (C)(D) 10.250 06-01-26   7,771,000 7,984,703
Newmont Corp. 2.800 10-01-29   12,732,000 11,584,993
Novelis Corp. (C) 4.750 01-30-30   28,979,000 27,493,826
Volcan Cia Minera SAA (C)(D) 4.375 02-11-26   4,899,000 4,477,833
Real estate 2.2%     471,691,381
Equity real estate investment trusts 2.2%      
American Homes 4 Rent LP 4.250 02-15-28   13,319,000 13,053,799
American Tower Corp. 3.550 07-15-27   22,518,000 21,612,216
American Tower Corp. 3.800 08-15-29   35,250,000 33,228,380
Crown Castle International Corp. 3.300 07-01-30   6,779,000 6,178,999
Crown Castle International Corp. 3.650 09-01-27   32,455,000 31,458,781
Crown Castle International Corp. 3.800 02-15-28   13,032,000 12,674,212
Equinix, Inc. 1.550 03-15-28   26,484,000 22,752,579
Equinix, Inc. 1.800 07-15-27   13,448,000 11,906,635
Equinix, Inc. 2.500 05-15-31   42,902,000 36,308,392
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 33

  Rate (%) Maturity date   Par value^ Value
Real estate (continued)      
Equity real estate investment trusts (continued)      
Equinix, Inc. 3.200 11-18-29   14,451,000 $13,233,234
GLP Capital LP 3.250 01-15-32   10,853,000 9,102,798
GLP Capital LP 4.000 01-15-30   10,777,000 9,838,941
GLP Capital LP 5.375 04-15-26   21,870,000 21,934,950
Host Hotels & Resorts LP 3.375 12-15-29   30,722,000 27,609,800
Host Hotels & Resorts LP 3.500 09-15-30   20,904,000 18,647,975
Host Hotels & Resorts LP 4.500 02-01-26   12,386,000 12,380,425
Iron Mountain Information Management Services, Inc. (C) 5.000 07-15-32   15,979,000 14,666,165
Iron Mountain, Inc. (C) 4.875 09-15-29   12,154,000 11,493,552
Iron Mountain, Inc. (C) 5.250 07-15-30   11,787,000 11,256,585
RHP Hotel Properties LP (C) 4.500 02-15-29   25,252,000 23,559,611
RLJ Lodging Trust LP (C) 3.750 07-01-26   10,087,000 9,703,190
SBA Tower Trust (C) 2.836 01-15-25   22,542,000 21,988,695
Uniti Group LP (C) 6.500 02-15-29   9,465,000 7,903,275
Ventas Realty LP 3.500 02-01-25   16,994,000 16,853,970
VICI Properties LP (C) 3.875 02-15-29   13,041,000 11,706,580
VICI Properties LP (C) 4.125 08-15-30   12,630,000 11,584,615
VICI Properties LP (C) 4.625 12-01-29   17,579,000 16,524,260
VICI Properties LP 5.125 05-15-32   5,669,000 5,621,267
XHR LP (C) 4.875 06-01-29   7,368,000 6,907,500
Utilities 1.6%     355,989,520
Electric utilities 1.1%      
ABY Transmision Sur SA (C) 6.875 04-30-43   12,619,045 14,890,473
Emera US Finance LP 3.550 06-15-26   13,412,000 13,107,689
FirstEnergy Corp. 2.650 03-01-30   15,065,000 13,164,927
Instituto Costarricense de Electricidad (C) 6.375 05-15-43   7,220,000 5,836,162
NextEra Energy Capital Holdings, Inc. 3.550 05-01-27   45,811,000 45,334,781
NRG Energy, Inc. (C) 2.450 12-02-27   22,398,000 19,754,941
NRG Energy, Inc. (C) 3.375 02-15-29   5,134,000 4,568,926
NRG Energy, Inc. (C) 3.625 02-15-31   12,916,000 11,366,080
NRG Energy, Inc. (C) 3.875 02-15-32   25,570,000 22,501,600
NRG Energy, Inc. (C) 4.450 06-15-29   16,820,000 15,950,234
Vistra Operations Company LLC (C) 3.700 01-30-27   44,151,000 41,578,596
Vistra Operations Company LLC (C) 4.300 07-15-29   32,027,000 29,954,045
Gas utilities 0.1%      
AmeriGas Partners LP 5.500 05-20-25   20,313,000 20,109,870
Suburban Propane Partners LP (C) 5.000 06-01-31   11,383,000 10,487,521
Independent power and renewable electricity producers 0.3%      
AES Panama Generation Holdings SRL (C) 4.375 05-31-30   16,304,000 14,918,160
DPL, Inc. 4.125 07-01-25   16,984,000 16,304,640
LLPL Capital Pte, Ltd. (C) 6.875 02-04-39   3,171,245 3,101,477
34 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Utilities (continued)      
Independent power and renewable electricity producers (continued)      
NextEra Energy Operating Partners LP (C) 3.875 10-15-26   17,343,000 $16,673,381
NextEra Energy Operating Partners LP (C) 4.500 09-15-27   6,602,000 6,405,458
Multi-utilities 0.1%      
Dominion Energy, Inc. 3.375 04-01-30   16,637,000 15,571,959
NiSource, Inc. 3.600 05-01-30   15,381,000 14,408,600
Municipal bonds 0.3%         $64,025,568
(Cost $73,523,915)          
Golden State Tobacco Securitization Corp. (California) 4.214 06-01-50   16,097,000 12,947,063
New Jersey Transportation Trust Fund Authority 4.081 06-15-39   21,809,000 19,280,927
New Jersey Transportation Trust Fund Authority 4.131 06-15-42   1,745,000 1,509,861
State Board of Administration Finance Corp. (Florida) 1.705 07-01-27   33,474,000 30,287,717
Term loans (F) 0.6%         $123,500,096
(Cost $131,772,855)          
Communication services 0.0% 6,184,583
Media 0.0%
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) 6.560 09-01-27   6,493,000 6,184,583
Consumer discretionary 0.3% 52,990,569
Hotels, restaurants and leisure 0.2%
Carnival Corp., 2021 Incremental Term Loan B (3 month LIBOR + 3.250%) 4.000 10-18-28   27,831,680 26,428,407
Fertitta Entertainment LLC, 2022 Term Loan B (1 month CME Term SOFR + 4.000%) 5.034 01-27-29   7,609,000 7,270,932
Household durables 0.1%
Hunter Douglas, Inc., USD Term Loan B1 (3 month SOFR + 3.500%) 4.842 02-26-29   21,395,000 19,291,230
Health care 0.0% 4,343,001
Health care providers and services 0.0%
TTF Holdings LLC, Term Loan (1 month LIBOR + 4.250%) 5.313 03-31-28   4,477,320 4,343,001
Industrials 0.1% 29,994,862
Professional services 0.1%
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) 4.563 06-02-28   32,781,270 29,994,862
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 35

  Rate (%) Maturity date   Par value^ Value
Information technology 0.1% $15,112,623
Software 0.1%
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) 4.750 02-01-29   16,397,000 15,112,623
Materials 0.1% 14,874,458
Containers and packaging 0.1%
Clydesdale Acquisition Holdings, Inc., Term Loan B (1 month SOFR + 4.250%) 5.384 04-13-29   4,156,000 3,948,200
Mauser Packaging Solutions Holding Company, 2017 Term Loan B (1 month LIBOR + 3.250%) 4.050 04-03-24   11,381,519 10,926,258
Collateralized mortgage obligations 8.1%       $1,759,273,235
(Cost $2,030,428,578)          
Commercial and residential 6.1%     1,332,637,172
Angel Oak Mortgage Trust LLC    
Series 2020-R1, Class A1 (C)(G) 0.990 04-25-53   11,729,203 11,382,985
Series 2021-2, Class A1 (C)(G) 0.985 04-25-66   9,330,239 8,590,226
Series 2021-4, Class A1 (C)(G) 1.035 01-20-65   19,631,758 17,741,449
Series 2021-5, Class A1 (C)(G) 0.951 07-25-66   25,978,995 23,901,603
Arroyo Mortgage Trust    
Series 2021-1R, Class A1 (C)(G) 1.175 10-25-48   15,923,763 14,855,734
BAMLL Commercial Mortgage Securities Trust    
Series 2019-BPR, Class ENM (C)(G) 3.719 11-05-32   11,565,000 9,923,066
BBCMS Mortgage Trust    
Series 2019-C5, Class A2 3.043 11-15-52   15,513,000 15,290,896
Series 2020-C6, Class A2 2.690 02-15-53   10,908,000 10,632,335
BBCMS Trust    
Series 2015-MSQ, Class D (C)(G) 3.990 09-15-32   7,340,000 7,312,297
Series 2015-SRCH, Class D (C)(G) 4.957 08-10-35   15,436,000 14,028,262
Bear Stearns Commercial Mortgage Securities Trust    
Series 2005-PWR8, Class X1 IO (C) 0.716 06-11-41   10,880 12
Benchmark Mortgage Trust    
Series 2019-B12, Class A2 3.001 08-15-52   21,594,737 21,190,773
Series 2019-B13, Class A2 2.889 08-15-57   20,055,000 19,531,023
BOCA Commercial Mortgage Trust    
Series 2022-BOCA, Class A (1 month CME Term SOFR + 1.770%) (B)(C) 2.270 05-15-39   19,350,000 19,056,768
Series 2022-BOCA, Class B (1 month CME Term SOFR + 2.319%) (B)(C) 2.819 05-15-39   7,240,000 7,131,632
BPR Trust    
Series 2022-OANA, Class A (1 month CME Term SOFR + 1.898%) (B)(C) 2.680 04-15-37   55,353,000 53,889,904
BRAVO Residential Funding Trust    
Series 2021-NQM1, Class A1 (C)(G) 0.941 02-25-49   12,511,575 11,807,738
BWAY Mortgage Trust    
Series 2015-1740, Class XA IO (C) 0.179 01-10-35   123,773,000 2,785
BX Commercial Mortgage Trust    
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%) (B)(C) 1.805 10-15-37   21,024,229 20,474,177
36 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2021-ACNT, Class A (1 month LIBOR + 0.850%) (B)(C) 1.725 11-15-38   17,129,000 $16,524,295
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%) (B)(C) 1.975 09-15-36   23,449,000 21,944,057
Series 2022-AHP, Class A (1 month CME Term SOFR + 0.990%) (B)(C) 1.772 01-17-39   41,470,000 40,283,091
CAMB Commercial Mortgage Trust    
Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) (B)(C) 2.625 12-15-37   6,315,000 6,132,841
Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) (B)(C) 3.425 12-15-37   12,809,000 12,327,979
Citigroup Commercial Mortgage Trust    
Series 2019-PRM, Class A (C) 3.341 05-10-36   20,197,000 20,161,124
Series 2019-SMRT, Class A (C) 4.149 01-10-36   10,996,000 11,025,779
COLT Mortgage Loan Trust    
Series 2021-2, Class A1 (C)(G) 0.924 08-25-66   20,130,626 17,846,243
Series 2021-3, Class A1 (C)(G) 0.956 09-27-66   27,120,082 23,989,028
Series 2021-HX1, Class A1 (C)(G) 1.110 10-25-66   23,636,504 21,794,932
COLT Trust    
Series 2020-RPL1, Class A1 (C)(G) 1.390 01-25-65   32,756,674 30,022,081
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)    
Series 2012-CR2, Class XA IO 1.435 08-15-45   20,054,811 201
Series 2012-CR3, Class XA IO 1.827 10-15-45   62,725,258 45,263
Series 2014-CR15, Class XA IO 0.632 02-10-47   50,210,065 479,958
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG)    
Series 2018-COR3, Class XA IO 0.437 05-10-51   223,330,543 4,970,154
Commercial Mortgage Trust (Deutsche Bank AG)    
Series 2013-300P, Class D (C)(G) 4.394 08-10-30   18,413,000 17,924,472
Series 2017-PANW, Class A (C) 3.244 10-10-29   7,264,000 7,070,489
Series 2020-CBM, Class A2 (C) 2.896 02-10-37   14,666,000 13,942,438
Credit Suisse Mortgage Capital Certificates    
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%) (B)(C) 2.475 05-15-36   23,820,000 23,282,221
Series 2020-NET, Class A (C) 2.257 08-15-37   7,049,561 6,563,937
Series 2021-NQM2, Class A1 (C)(G) 1.179 02-25-66   15,739,053 15,029,094
Series 2021-NQM3, Class A1 (C)(G) 1.015 04-25-66   13,127,600 12,051,366
Series 2021-NQM5, Class A1 (C)(G) 0.938 05-25-66   13,693,354 11,986,872
Series 2021-NQM6, Class A1 (C)(G) 1.174 07-25-66   23,118,162 21,114,578
Ellington Financial Mortgage Trust    
Series 2021-1, Class A1 (C)(G) 0.797 02-25-66   6,656,840 6,098,631
Series 2021-2, Class A1 (C)(G) 0.931 06-25-66   15,604,141 14,227,247
Flagstar Mortgage Trust    
Series 2021-1, Class A2 (C)(G) 2.500 02-01-51   28,570,617 25,042,803
GCAT Trust    
Series 2021-NQM1, Class A1 (C)(G) 0.874 01-25-66   11,726,757 10,886,821
Series 2021-NQM2, Class A1 (C)(G) 1.036 05-25-66   11,422,189 10,493,073
Series 2021-NQM3, Class A1 (C)(G) 1.091 05-25-66   18,825,122 17,333,628
GS Mortgage Securities Trust    
Series 2011-GC5, Class XA IO (C) 0.000 08-10-44   3,771,299 38
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 37

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2015-590M, Class C (C)(G) 3.805 10-10-35   6,950,000 $6,619,591
Series 2017-485L, Class C (C)(G) 3.982 02-10-37   6,670,000 6,188,786
Series 2019-GC40, Class A2 2.971 07-10-52   22,410,000 22,050,474
Series 2020-UPTN, Class A (C) 2.751 02-10-37   13,326,000 12,716,857
GS Mortgage-Backed Securities Trust    
Series 2020-NQM1, Class A1 (C)(G) 1.382 09-27-60   4,116,865 4,008,594
Series 2021-NQM1, Class A1 (C)(G) 1.017 07-25-61   8,204,651 7,797,472
HarborView Mortgage Loan Trust    
Series 2007-3, Class ES IO (C) 0.350 05-19-47   18,689,901 194,341
Series 2007-4, Class ES IO 0.350 07-19-47   19,862,844 261,284
Series 2007-6, Class ES IO (C) 0.343 08-19-37   20,142,348 251,231
Imperial Fund Mortgage Trust    
Series 2021-NQM1, Class A1 (C)(G) 1.071 06-25-56   11,595,165 10,726,107
IMT Trust    
Series 2017-APTS, Class AFX (C) 3.478 06-15-34   7,744,000 7,628,806
Series 2017-APTS, Class CFX (C)(G) 3.497 06-15-34   6,867,000 6,643,581
Irvine Core Office Trust    
Series 2013-IRV, Class A2 (C)(G) 3.173 05-15-48   20,104,000 20,017,505
Series 2013-IRV, Class XA IO (C) 1.105 05-15-48   3,388,309 16,584
JPMorgan Chase Commercial Mortgage Securities Trust    
Series 2012-HSBC, Class XA IO (C) 1.431 07-05-32   77,533,693 775
Series 2020-NNN, Class AFX (C) 2.812 01-16-37   15,435,000 14,656,167
KNDL Mortgage Trust    
Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) (B)(C) 2.225 05-15-36   11,580,000 11,202,292
Life Mortgage Trust    
Series 2021-BMR, Class A (1 month LIBOR + 0.700%) (B)(C) 1.575 03-15-38   23,224,636 22,236,028
Series 2021-BMR, Class D (1 month LIBOR + 1.400%) (B)(C) 2.275 03-15-38   19,160,054 17,972,284
Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%) (B)(C) 2.095 05-15-39   54,728,000 53,632,679
MFA Trust    
Series 2021-NQM1, Class A1 (C)(G) 1.153 04-25-65   10,302,085 9,832,161
Morgan Stanley Capital I Trust    
Series 2017-CLS, Class D (1 month LIBOR + 1.400%) (B)(C) 2.275 11-15-34   15,867,000 15,697,959
Natixis Commercial Mortgage Securities Trust    
Series 2018-285M, Class D (C)(G) 3.790 11-15-32   9,223,000 9,133,162
Series 2018-ALXA, Class C (C)(G) 4.316 01-15-43   7,402,000 6,903,664
NYMT Loan Trust    
Series 2022-CP1, Class A1 (C) 2.042 07-25-61   12,376,171 11,765,925
OBX Trust    
Series 2020-EXP2, Class A3 (C)(G) 2.500 05-25-60   6,761,241 6,379,234
Series 2021-NQM2, Class A1 (C)(G) 1.101 05-25-61   20,599,570 18,491,748
Series 2021-NQM3, Class A1 (C)(G) 1.054 07-25-61   24,679,025 22,279,547
One Market Plaza Trust    
Series 2017-1MKT, Class D (C) 4.146 02-10-32   5,035,000 4,801,600
Provident Funding Mortgage Trust    
38 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2020-F1, Class A2 (C)(G) 2.000 01-25-36   25,343,651 $23,165,673
SLG Office Trust    
Series 2021-OVA, Class D (C) 2.851 07-15-41   22,906,000 18,529,953
SMRT    
Series 2022-MINI, Class A (1 month CME Term SOFR + 1.000%) (B)(C) 1.782 01-15-39   55,385,000 53,444,875
Starwood Mortgage Residential Trust    
Series 2022-1, Class A1 (C)(G) 2.447 12-25-66   25,872,772 24,321,427
Towd Point Mortgage Trust    
Series 2015-1, Class A5 (C)(G) 3.183 10-25-53   7,568,000 7,463,159
Series 2015-2, Class 1M2 (C)(G) 3.303 11-25-60   10,930,000 10,880,517
Series 2017-2, Class A1 (C)(G) 2.750 04-25-57   616,603 614,542
Series 2018-1, Class A1 (C)(G) 3.000 01-25-58   2,759,991 2,731,224
Series 2018-4, Class A1 (C)(G) 3.000 06-25-58   14,321,169 13,855,936
Series 2018-5, Class A1A (C)(G) 3.250 07-25-58   1,716,853 1,697,238
Series 2018-6, Class A1A (C)(G) 3.750 03-25-58   11,821,196 11,808,801
Series 2019-1, Class A1 (C)(G) 3.659 03-25-58   12,432,972 12,270,295
Series 2019-4, Class A1 (C)(G) 2.900 10-25-59   13,324,769 12,885,998
Series 2020-4, Class A1 (C) 1.750 10-25-60   19,672,591 18,266,276
Verus Securitization Trust    
Series 2020-5, Class A1 (C) 1.218 05-25-65   5,731,198 5,476,251
Series 2021-3, Class A1 (C)(G) 1.046 06-25-66   19,402,184 17,988,466
Series 2021-4, Class A1 (C)(G) 0.938 07-25-66   10,963,319 9,679,435
Series 2021-5, Class A1 (C)(G) 1.013 09-25-66   23,009,378 20,567,625
Series 2021-R1, Class A1 (C)(G) 0.820 10-25-63   9,657,019 9,443,745
WF-RBS Commercial Mortgage Trust    
Series 2012-C10, Class XA IO (C) 1.468 12-15-45   7,338,534 26,692
Series 2012-C9, Class XA IO (C) 1.837 11-15-45   37,702,199 30,750
Series 2013-C16, Class XA IO 0.585 09-15-46   7,871,596 43,457
U.S. Government Agency 2.0%     426,636,063
Federal Home Loan Mortgage Corp.    
Series 2022-DNA1, Class M1A (1 month SOFR + 1.000%) (B)(C) 1.584 01-25-42   29,414,000 28,747,591
Series 2022-DNA2, Class M1A (1 month SOFR + 1.300%) (B)(C) 1.884 02-25-42   20,827,340 20,487,605
Series 2022-DNA2, Class M1B (1 month SOFR + 2.400%) (B)(C) 2.984 02-25-42   24,949,000 23,636,725
Series 2022-DNA3, Class M1A (1 month SOFR + 2.000%) (B)(C) 2.584 04-25-42   26,846,046 26,754,407
Series 2022-DNA3, Class M1B (1 month SOFR + 2.900%) (B)(C) 3.484 04-25-42   15,070,000 14,579,392
Series 2022-DNA4, Class M1A (1 month SOFR + 2.200%) (B)(C) 2.551 05-25-42   20,944,000 20,878,665
Series 2022-DNA4, Class M1B (1 month SOFR + 3.350%) (B)(C) 3.701 05-25-42   22,588,000 22,375,881
Series K022, Class X1 IO 1.136 07-25-22   165,933,655 92,259
Series K024, Class X1 IO 0.758 09-25-22   8,530,213 9,364
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 39

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series K026, Class X1 IO 0.916 11-25-22   14,029,400 $33,485
Series K038, Class X1 IO 1.090 03-25-24   170,653,495 2,825,237
Series KS01, Class X1 IO 1.117 01-25-23   13,788,857 36,975
Series KS03, Class X IO 0.192 08-25-25   33,202,839 108,500
Series T-41, Class 3A (G) 4.505 07-25-32   862 874
Federal National Mortgage Association    
Series 2001-50, Class BA 7.000 10-25-41   105 112
Series 2022-R03, Class 1M1 (1 month SOFR + 2.100%) (B)(C) 2.684 03-25-42   25,836,611 25,772,490
Series 2022-R04, Class 1M1 (1 month SOFR + 2.000%) (B)(C) 2.584 03-25-42   11,084,587 10,994,310
Government National Mortgage Association    
Series 2008-90, Class IO 2.009 12-16-50   2,059,051 281,674
Series 2012-114, Class IO 0.659 01-16-53   10,553,229 193,549
Series 2012-120, Class IO 0.644 02-16-53   4,539,912 83,386
Series 2012-70, Class IO 0.094 08-16-52   473,920 393
Series 2013-63, Class IO 0.785 09-16-51   7,530,252 192,866
Series 2016-174, Class IO 0.848 11-16-56   36,124,017 1,665,494
Series 2017-109, Class IO 0.289 04-16-57   54,008,945 1,306,277
Series 2017-124, Class IO 0.608 01-16-59   43,178,727 1,515,189
Series 2017-135, Class IO 0.722 10-16-58   52,442,939 2,321,785
Series 2017-140, Class IO 0.489 02-16-59   23,546,930 879,299
Series 2017-159, Class IO 0.439 06-16-59   35,748,596 1,405,717
Series 2017-169, Class IO 0.589 01-16-60   87,670,836 3,524,420
Series 2017-20, Class IO 0.611 12-16-58   113,122,141 3,762,454
Series 2017-22, Class IO 0.774 12-16-57   11,870,943 521,068
Series 2017-41, Class IO 0.626 07-16-58   48,381,683 1,697,065
Series 2017-46, Class IO 0.645 11-16-57   61,572,907 2,494,165
Series 2017-61, Class IO 0.769 05-16-59   22,954,227 1,013,124
Series 2017-74, Class IO 0.488 09-16-58   51,928,678 1,496,050
Series 2017-89, Class IO 0.558 07-16-59   47,187,948 1,870,308
Series 2018-114, Class IO 0.710 04-16-60   38,741,894 1,807,154
Series 2018-158, Class IO 0.756 05-16-61   81,438,221 4,675,637
Series 2018-35, Class IO 0.527 03-16-60   76,542,276 3,269,350
Series 2018-43, Class IO 0.497 05-16-60   118,217,239 4,704,963
Series 2018-68, Class IO 0.423 01-16-60   13,383,117 574,714
Series 2018-69, Class IO 0.601 04-16-60   34,487,184 1,823,003
Series 2018-81, Class IO 0.474 01-16-60   22,025,891 1,092,191
Series 2018-9, Class IO 0.460 01-16-60   62,374,301 2,455,495
Series 2018-99, Class IO 0.471 06-16-60   51,007,556 2,193,509
Series 2019-131, Class IO 0.802 07-16-61   65,068,973 3,987,166
Series 2020-100, Class IO 0.794 05-16-62   78,012,943 5,264,368
Series 2020-108, Class IO 0.842 06-16-62   192,864,767 12,752,566
Series 2020-114, Class IO 0.798 09-16-62   188,810,723 12,830,614
Series 2020-118, Class IO 0.900 06-16-62   159,822,182 11,241,477
40 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series 2020-119, Class IO 0.633 08-16-62   77,796,530 $4,469,255
Series 2020-120, Class IO 0.769 05-16-62   43,637,760 2,919,458
Series 2020-137, Class IO 0.793 09-16-62   261,442,992 16,872,119
Series 2020-150, Class IO 0.952 12-16-62   131,198,051 10,064,465
Series 2020-170, Class IO 0.821 11-16-62   171,108,464 12,088,026
Series 2020-92, Class IO 0.876 02-16-62   31,854,062 2,272,982
Series 2021-110, Class IO 0.872 01-16-63   92,916,456 6,624,730
Series 2021-110, Class IO 0.879 11-16-63   101,626,518 7,787,792
Series 2021-163, Class IO 0.796 03-16-64   122,953,744 8,802,504
Series 2021-3, Class IO 0.866 09-16-62   218,551,099 15,736,553
Series 2021-40, Class IO 0.822 02-16-63   60,336,040 4,293,175
Series 2022-17, Class IO 0.802 06-16-64   142,775,515 10,589,888
Series 2022-21, Class IO 0.785 10-16-63   63,245,447 4,630,092
Series 2022-53, Class IO 0.713 06-16-64   237,628,688 15,413,120
Series 2022-57, Class IO 0.756 09-16-63   172,565,152 11,841,542
Asset backed securities 8.9%         $1,955,478,441
(Cost $2,105,352,893)          
Asset backed securities 8.9%         1,955,478,441
Aligned Data Centers Issuer LLC          
Series 2021-1A, Class A2 (C) 1.937 08-15-46   47,964,000 43,312,499
Amresco Residential Securities Corp. Mortgage Loan Trust          
Series 1998-1, Class A6 (G) 6.510 08-25-27   1 1
AMSR Trust          
Series 2020-SFR4, Class A (C) 1.355 11-17-37   33,892,000 31,327,867
Series 2021-SFR4, Class A (C) 2.117 12-17-38   14,074,000 12,843,165
Applebee’s Funding LLC          
Series 2019-1A, Class A2I (C) 4.194 06-05-49   31,476,060 30,897,089
Aqua Finance Trust          
Series 2021-A, Class A (C) 1.540 07-17-46   13,300,797 12,512,843
Arby’s Funding LLC          
Series 2020-1A, Class A2 (C) 3.237 07-30-50   34,179,210 31,375,592
Avis Budget Rental Car Funding AESOP LLC          
Series 2019-3A, Class A (C) 2.360 03-20-26   30,746,000 29,466,991
Series 2020-1A, Class A (C) 2.330 08-20-26   23,406,000 22,416,811
BMW Vehicle Lease Trust          
Series 2022-1, Class A3 1.100 03-25-25   11,956,000 11,626,845
Bojangles Issuer LLC          
Series 2020-1A, Class A2 (C) 3.832 10-20-50   8,023,890 7,672,026
BRE Grand Islander Timeshare Issuer LLC          
Series 2019-A, Class A (C) 3.280 09-26-33   9,665,914 9,383,162
Carlyle U.S. CLO, Ltd.          
Series 2019-2A, Class A1R (3 month LIBOR + 1.120%) (B)(C) 2.164 07-15-32   15,033,000 14,675,741
CarMax Auto Owner Trust          
Series 2022-1, Class A3 1.470 12-15-26   16,354,000 15,747,636
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 41

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
CARS-DB4 LP          
Series 2020-1A, Class B1 (C) 4.170 02-15-50   21,876,000 $20,882,685
CF Hippolyta LLC          
Series 2020-1, Class A1 (C) 1.690 07-15-60   33,437,750 30,671,589
Series 2021-1A, Class A1 (C) 1.530 03-15-61   32,160,467 28,985,331
Chase Auto Credit Linked Notes          
Series 2021-3, Class B (C) 0.760 02-26-29   14,696,386 14,181,252
CLI Funding VI LLC          
Series 2020-1A, Class A (C) 2.080 09-18-45   40,484,768 36,619,627
CLI Funding VIII LLC          
Series 2021-1A, Class A (C) 1.640 02-18-46   30,353,307 27,186,161
Series 2022-1A, Class A1 (C) 2.720 01-18-47   21,507,701 19,351,728
ContiMortgage Home Equity Loan Trust          
Series 1995-2, Class A5 8.100 08-15-25   73,116 64,144
DataBank Issuer          
Series 2021-1A, Class A2 (C) 2.060 02-27-51   15,292,000 13,874,938
Series 2021-1A, Class C (C) 4.430 02-27-51   3,400,000 3,031,255
DB Master Finance LLC          
Series 2017-1A, Class A2II (C) 4.030 11-20-47   11,665,223 11,424,137
Series 2021-1A, Class A2I (C) 2.045 11-20-51   52,016,610 46,663,841
Diamond Infrastructure Funding LLC          
Series 2021-1A, Class C (C) 3.475 04-15-49   6,825,000 6,145,678
Domino’s Pizza Master Issuer LLC          
Series 2017-1A, Class A23 (C) 4.118 07-25-47   35,496,440 34,580,880
Series 2021-1A, Class A2I (C) 2.662 04-25-51   24,351,030 21,719,292
Driven Brands Funding LLC          
Series 2020-2A, Class A2 (C) 3.237 01-20-51   21,378,388 19,135,474
Series 2021-1A, Class A2 (C) 2.791 10-20-51   30,766,395 26,659,112
Elmwood CLO IV, Ltd.          
Series 2020-1A, Class A (3 month LIBOR + 1.240%) (B)(C) 2.284 04-15-33   24,174,000 23,684,186
ExteNet LLC          
Series 2019-1A, Class C (C) 5.219 07-26-49   7,100,000 6,969,712
FirstKey Homes Trust          
Series 2020-SFR1, Class A (C) 1.339 08-17-37   39,225,563 36,381,529
Series 2020-SFR2, Class A (C) 1.266 10-19-37   47,804,523 43,978,402
Series 2021-SFR1, Class A (C) 1.538 08-17-38   24,123,768 21,853,418
Series 2021-SFR1, Class D (C) 2.189 08-17-38   23,526,000 20,889,058
Five Guys Funding LLC          
Series 2017-1A, Class A2 (C) 4.600 07-25-47   17,071,993 16,779,361
FOCUS Brands Funding LLC          
Series 2017-1A, Class A2IB (C) 3.857 04-30-47   9,717,944 9,422,013
Ford Credit Auto Owner Trust          
Series 2020-1, Class A (C) 2.040 08-15-31   20,485,000 19,714,356
Series 2022-A, Class A3 1.290 06-15-26   8,921,000 8,623,653
Ford Credit Floorplan Master Owner Trust          
Series 2019-2, Class A 3.060 04-15-26   44,953,000 44,672,844
Series 2020-2, Class A 1.060 09-15-27   20,465,000 18,741,720
42 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
GM Financial Consumer Automobile Receivables Trust          
Series 2021-4, Class A3 0.680 09-16-26   9,381,000 $9,027,106
Series 2022-1, Class A3 1.260 11-16-26   7,727,000 7,479,952
GMF Floorplan Owner Revolving Trust          
Series 2019-2, Class A (C) 2.900 04-15-26   31,317,000 31,019,927
Series 2020-1, Class A (C) 0.680 08-15-25   15,128,000 14,682,922
Golub Capital Partners Funding, Ltd.          
Series 2020-1A, Class A2 (C) 3.208 01-22-29   22,181,000 21,279,409
Series 2021-1A, Class A2 (C) 2.773 04-20-29   24,582,000 23,372,438
HI-FI Music IP Issuer LP          
Series 2022-1A, Class A2 (C) 3.939 02-01-62   20,831,000 20,400,904
Hilton Grand Vacations Trust          
Series 2017-AA, Class A (C) 2.660 12-26-28   6,779,271 6,679,313
Series 2018-AA, Class A (C) 3.540 02-25-32   5,350,194 5,294,808
Series 2022-1D, Class B (C) 4.100 06-20-34   3,550,413 3,518,455
Home Partners of America Trust          
Series 2021-2, Class A (C) 1.901 12-17-26   16,345,940 14,857,870
Hotwire Funding LLC          
Series 2021-1, Class C (C) 4.459 11-20-51   4,950,000 4,324,189
Hyundai Auto Lease Securitization Trust          
Series 2022-A, Class A3 (C) 1.160 01-15-25   14,391,000 13,989,579
Jack in the Box Funding LLC          
Series 2019-1A, Class A23 (C) 4.970 08-25-49   17,733,525 17,028,493
Series 2022-1A, Class A2I (C) 3.445 02-26-52   28,051,040 26,155,828
Laurel Road Prime Student Loan Trust          
Series 2019-A, Class A2FX (C) 2.730 10-25-48   2,530,383 2,516,655
Mercedes-Benz Auto Receivables Trust          
Series 2021-1, Class A3 0.460 06-15-26   19,123,000 18,340,439
MVW Owner Trust          
Series 2018-1A, Class A (C) 3.450 01-21-36   10,206,526 10,098,827
Navient Private Education Loan Trust          
Series 2016-AA, Class A2A (C) 3.910 12-15-45   4,440,633 4,443,762
Navient Private Education Refi Loan Trust          
Series 2019-FA, Class A2 (C) 2.600 08-15-68   12,202,556 11,870,381
Navient Student Loan Trust          
Series 2020-2A, Class A1A (C) 1.320 08-26-69   20,543,345 18,383,079
Neighborly Issuer LLC          
Series 2021-1A, Class A2 (C) 3.584 04-30-51   42,344,280 37,230,615
Series 2022-1A, Class A2 (C) 3.695 01-30-52   17,512,110 15,608,421
New Economy Assets Phase 1 Sponsor LLC          
Series 2021-1, Class A1 (C) 1.910 10-20-61   41,424,000 36,938,850
Series 2021-1, Class B1 (C) 2.410 10-20-61   12,548,000 11,049,174
NRZ Excess Spread-Collateralized Notes          
Series 2021-FHT1, Class A (C) 3.104 07-25-26   6,936,721 6,383,276
OCP CLO, Ltd.          
Series 2020-19A, Class AR (3 month LIBOR + 1.150%) (B)(C) 2.213 10-20-34   14,541,000 14,077,578
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 43

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
Oxford Finance Funding LLC          
Series 2019-1A, Class A2 (C) 4.459 02-15-27   9,601,402 $9,578,758
Series 2020-1A, Class A2 (C) 3.101 02-15-28   3,154,175 3,135,975
PFS Financing Corp.          
Series 2020-E, Class A (C) 1.000 10-15-25   20,469,000 19,768,756
Progress Residential Trust          
Series 2020-SFR1, Class A (C) 1.732 04-17-37   15,528,000 14,725,806
Series 2021-SFR8, Class B (C) 1.681 10-17-38   13,890,000 12,403,538
Renaissance Home Equity Loan Trust          
Series 2005-2, Class AF4 4.934 08-25-35   2,728,336 2,700,854
Santander Retail Auto Lease Trust          
Series 2022-A, Class A3 (C) 1.340 07-21-25   11,616,000 11,122,587
Santander Revolving Auto Loan Trust          
Series 2019-A, Class A (C) 2.510 01-26-32   43,933,000 42,512,629
SCF Equipment Leasing LLC          
Series 2021-1A, Class E (C) 3.560 08-20-32   3,300,000 3,112,588
ServiceMaster Funding LLC          
Series 2021-1, Class A2I (C) 2.865 07-30-51   23,065,700 20,062,961
Sesac Finance LLC          
Series 2019-1, Class A2 (C) 5.216 07-25-49   30,441,195 29,575,874
Sierra Timeshare Receivables Funding LLC          
Series 2018-3A, Class D (C) 5.200 09-20-35   1,754,154 1,742,691
Series 2019-1A, Class A (C) 3.200 01-20-36   3,017,427 2,985,474
Series 2021-1A, Class D (C) 3.170 11-20-37   2,943,903 2,789,836
SMB Private Education Loan Trust          
Series 2019-B, Class A2A (C) 2.840 06-15-37   22,543,465 22,027,215
Series 2020-PTA, Class A2A (C) 1.600 09-15-54   21,507,096 19,824,851
Series 2021-A, Class APT2 (C) 1.070 01-15-53   15,195,107 13,679,490
Sonic Capital LLC          
Series 2020-1A, Class A2I (C) 3.845 01-20-50   27,212,303 25,915,718
Series 2021-1A, Class A2I (C) 2.190 08-20-51   22,884,413 19,157,664
Sunbird Engine Finance LLC          
Series 2020-1A, Class A (C) 3.671 02-15-45   8,910,571 7,731,838
Taco Bell Funding LLC          
Series 2021-1A, Class A2I (C) 1.946 08-25-51   45,075,490 40,094,107
TIF Funding II LLC          
Series 2021-1A, Class A (C) 1.650 02-20-46   19,628,033 17,014,355
Toyota Auto Loan Extended Note Trust          
Series 2019-1A, Class A (C) 2.560 11-25-31   63,477,000 62,279,373
Toyota Auto Receivables Owner Trust          
Series 2022-A, Class A3 1.230 06-15-26   24,038,000 23,219,900
Triton Container Finance VIII LLC          
Series 2020-1A, Class A (C) 2.110 09-20-45   43,266,008 39,130,617
Series 2021-1A, Class A (C) 1.860 03-20-46   25,616,097 22,486,555
Vantage Data Centers LLC          
Series 2020-1A, Class A2 (C) 1.645 09-15-45   26,045,000 23,741,976
Series 2020-2A, Class A2 (C) 1.992 09-15-45   20,898,000 18,446,479
Verizon Master Trust          
Series 2022-2, Class A 1.530 07-20-28   20,071,000 19,063,153
44 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

  Rate (%) Maturity date   Par value^ Value
Asset backed securities (continued)          
VR Funding LLC          
Series 2020-1A, Class A (C) 2.790 11-15-50   29,983,462 $27,526,848
VSE VOI Mortgage LLC          
Series 2017-A, Class A (C) 2.330 03-20-35   11,151,643 10,860,572
Wendy’s Funding LLC          
Series 2021-1A, Class A2I (C) 2.370 06-15-51   25,651,163 22,308,611
Willis Engine Structured Trust V          
Series 2020-A, Class A (C) 3.228 03-15-45   7,408,453 6,309,360
Zaxby’s Funding LLC          
Series 2021-1A, Class A2 (C) 3.238 07-30-51   29,967,545 26,243,538
    
        Shares Value
Common stocks 0.1%         $24,804,854
(Cost $26,895,164)          
Utilities 0.1%     24,804,854
Multi-utilities 0.1%      
Algonquin Power & Utilities Corp.     537,950 24,804,854
Preferred securities 0.2%         $45,149,825
(Cost $43,074,394)          
Communication services 0.1%         11,119,750
Wireless telecommunication services 0.1%      
Telephone & Data Systems, Inc., 6.625%   468,200 11,119,750
Consumer staples 0.0%         2,715,264
Food products 0.0%      
Ocean Spray Cranberries, Inc., 6.250% (C)   28,284 2,715,264
Financials 0.0%         2,710,113
Banks 0.0%      
Wells Fargo & Company, 7.500%   2,139 2,710,113
Utilities 0.1%         28,604,698
Electric utilities 0.0%      
NextEra Energy, Inc., 5.279%   275,700 13,536,870
Multi-utilities 0.1%      
DTE Energy Company, 6.250%   33,037 1,745,014
NiSource, Inc., 7.750%   111,900 13,322,814
    
        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 ANNUAL REPORT | JOHN HANCOCK BOND FUND 45

  Yield* (%) Maturity date   Par value^ Value
Short-term investments 2.8%         $614,937,841
(Cost $614,920,493)          
U.S. Government Agency 0.9%         196,381,000
Federal Agricultural Mortgage Corp. Discount Note 0.500 06-01-22   47,136,000 47,136,000
Federal Farm Credit Bank Discount Note 0.500 06-01-22   35,494,000 35,494,000
Federal Home Loan Bank Discount Note 0.500 06-01-22   113,751,000 113,751,000
    
    Yield (%)   Shares Value
Short-term funds 0.4%         92,648,841
John Hancock Collateral Trust (I) 0.8437(J)   9,266,089 92,648,841
    
        Par value^ Value
Repurchase agreement 1.5%         325,908,000
Barclays Tri-Party Repurchase Agreement dated 5-31-22 at 0.800% to be repurchased at $30,990,689 on 6-1-22, collateralized by $33,052,300 U.S. Treasury Notes, 0.750% due 11-15-24 (valued at $31,610,529)       30,990,000 30,990,000
Repurchase Agreement with State Street Corp. dated 5-31-22 at 0.060% to be repurchased at $294,918,492 on 6-1-22, collateralized by $69,030,200 U.S. Treasury Notes, 0.625% due 12-31-27 (valued at $61,576,391) and $158,389,600 U.S. Treasury Inflation Indexed Bonds, 1.750% due 1-15-28 (valued at $239,239,985)       294,918,000 294,918,000
    
Total investments (Cost $23,957,339,974) 101.5%     $22,195,883,757
Other assets and liabilities, net (1.5%)       (324,913,487)
Total net assets 100.0%         $21,870,970,270
    
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.
46 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

(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 $7,530,716,689 or 34.4% of the fund’s net assets as of 5-31-22.
(D) All or a portion of this security is on loan as of 5-31-22.
(E) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(F) Term loans are variable rate obligations. The 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. This security represents the investment of cash collateral received for securities lending.
(J) The rate shown is the annualized seven-day yield as of 5-31-22.
* Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end.
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK BOND FUND 47

DERIVATIVES
FUTURES
Open contracts Number of
contracts
Position Expiration
date
Notional
basis^
Notional
value^
Unrealized
appreciation
(depreciation)
U.S. Treasury Long Bond Futures 1,180 Long Sep 2022 $166,740,509 $164,536,250 $(2,204,259)
            $(2,204,259)
^ 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 5-31-22, the aggregate cost of investments for federal income tax purposes was $24,045,843,116. Net unrealized depreciation aggregated to $1,852,163,618, of which $28,424,216 related to gross unrealized appreciation and $1,880,587,834 related to gross unrealized depreciation.
See Notes to financial statements regarding investment transactions and other derivatives information.
48 JOHN HANCOCK BOND FUND | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

Financial statements
STATEMENT OF ASSETS AND LIABILITIES 5-31-22

Assets  
Unaffiliated investments, at value (Cost $23,864,708,481) including $90,747,016 of securities loaned $22,103,234,916
Affiliated investments, at value (Cost $92,631,493) 92,648,841
Total investments, at value (Cost $23,957,339,974) 22,195,883,757
Cash 88,292,512
Collateral held at broker for futures contracts 7,500,000
Dividends and interest receivable 169,094,045
Receivable for fund shares sold 39,903,650
Receivable for investments sold 190,917,709
Receivable for delayed delivery securities sold 222,187,270
Receivable for securities lending income 39,733
Other assets 855,931
Total assets 22,914,674,607
Liabilities  
Payable for futures variation margin 1,770,013
Distributions payable 1,221,285
Payable for investments purchased 149,777,865
Payable for delayed delivery securities purchased 751,982,706
Payable for fund shares repurchased 41,254,557
Payable upon return of securities loaned 92,709,682
Payable to affiliates  
Accounting and legal services fees 1,037,382
Transfer agent fees 795,523
Distribution and service fees 161,828
Trustees’ fees 5,499
Other liabilities and accrued expenses 2,987,997
Total liabilities 1,043,704,337
Net assets $21,870,970,270
Net assets consist of  
Paid-in capital $24,467,589,357
Total distributable earnings (loss) (2,596,619,087)
Net assets $21,870,970,270
 
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 49

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 ($1,903,183,739 ÷ 132,675,849 shares)1 $14.34
Class C ($164,435,633 ÷ 11,463,075 shares)1 $14.34
Class I ($5,375,233,024 ÷ 374,685,807 shares) $14.35
Class R2 ($65,029,272 ÷ 4,527,974 shares) $14.36
Class R4 ($80,919,998 ÷ 5,632,656 shares) $14.37
Class R6 ($10,522,878,274 ÷ 732,217,186 shares) $14.37
Class NAV ($3,759,290,330 ÷ 261,689,589 shares) $14.37
Maximum offering price per share  
Class A (net asset value per share ÷ 96%)2 $14.94
    
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.
50 JOHN HANCOCK Bond Fund | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

STATEMENT OF OPERATIONS For the year ended 5-31-22

Investment income  
Interest $796,321,593
Dividends 5,818,088
Securities lending 432,957
Less foreign taxes withheld (254,917)
Total investment income 802,317,721
Expenses  
Investment management fees 75,139,951
Distribution and service fees 9,234,779
Accounting and legal services fees 3,366,581
Transfer agent fees 10,744,850
Trustees’ fees 375,819
Custodian fees 2,409,012
State registration fees 628,435
Printing and postage 840,537
Professional fees 719,507
Other 1,206,738
Total expenses 104,666,209
Less expense reductions (2,236,576)
Net expenses 102,429,633
Net investment income 699,888,088
Realized and unrealized gain (loss)  
Net realized gain (loss) on  
Unaffiliated investments (547,552,408)
Affiliated investments (44,344)
Capital gain distributions received from affiliated investments 11,842
  (547,584,910)
Change in net unrealized appreciation (depreciation) of  
Unaffiliated investments (2,299,382,064)
Affiliated investments (10,169)
Futures contracts (2,204,259)
  (2,301,596,492)
Net realized and unrealized loss (2,849,181,402)
Decrease in net assets from operations $(2,149,293,314)
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 51

STATEMENTS OF CHANGES IN NET ASSETS  

  Year ended
5-31-22
Year ended
5-31-21
Increase (decrease) in net assets    
From operations    
Net investment income $699,888,088 $628,231,002
Net realized gain (loss) (547,584,910) 122,007,257
Change in net unrealized appreciation (depreciation) (2,301,596,492) 31,921,307
Increase (decrease) in net assets resulting from operations (2,149,293,314) 782,159,566
Distributions to shareholders    
From earnings    
Class A (77,534,219) (93,164,613)
Class B (18,026)1
Class C (6,130,537) (8,873,298)
Class I (245,100,676) (247,106,242)
Class R2 (3,147,279) (4,377,095)
Class R4 (2,852,798) (2,607,626)
Class R6 (453,555,668) (390,138,865)
Class NAV (171,035,504) (184,529,067)
Total distributions (959,356,681) (930,814,832)
From fund share transactions 1,386,551,880 5,463,488,617
Total increase (decrease) (1,722,098,115) 5,314,833,351
Net assets    
Beginning of year 23,593,068,385 18,278,235,034
End of year $21,870,970,270 $23,593,068,385
    
1 Share class was redesignated during the year. Refer to Note 6 for further details.
52 JOHN HANCOCK Bond Fund | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

Financial highlights
CLASS A SHARES Period ended 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 $16.32 $16.37 $15.83 $15.41 $15.93
Net investment income1 0.41 0.44 0.45 0.49 0.46
Net realized and unrealized gain (loss) on investments (1.82) 0.19 0.68 0.46 (0.47)
Total from investment operations (1.41) 0.63 1.13 0.95 (0.01)
Less distributions          
From net investment income (0.48) (0.50) (0.49) (0.53) (0.51)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.57) (0.68) (0.59) (0.53) (0.51)
Net asset value, end of period $14.34 $16.32 $16.37 $15.83 $15.41
Total return (%)2,3 (8.89) 3.83 7.22 6.33 (0.11)
Ratios and supplemental data          
Net assets, end of period (in millions) $1,903 $2,139 $2,100 $1,688 $1,488
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.76 0.78 0.79 0.78 0.81
Expenses including reductions 0.76 0.77 0.78 0.78 0.79
Net investment income 2.56 2.65 2.82 3.21 2.93
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
3 Does not reflect the effect of sales charges, if any.
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 53

CLASS C SHARES Period ended 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 $16.32 $16.37 $15.84 $15.41 $15.93
Net investment income1 0.29 0.32 0.34 0.39 0.35
Net realized and unrealized gain (loss) on investments (1.81) 0.19 0.66 0.46 (0.47)
Total from investment operations (1.52) 0.51 1.00 0.85 (0.12)
Less distributions          
From net investment income (0.37) (0.38) (0.37) (0.42) (0.40)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.46) (0.56) (0.47) (0.42) (0.40)
Net asset value, end of period $14.34 $16.32 $16.37 $15.84 $15.41
Total return (%)2,3 (9.53) 3.10 6.41 5.66 (0.80)
Ratios and supplemental data          
Net assets, end of period (in millions) $164 $239 $278 $252 $269
Ratios (as a percentage of average net assets):          
Expenses before reductions 1.46 1.48 1.49 1.48 1.51
Expenses including reductions 1.46 1.47 1.48 1.48 1.49
Net investment income 1.85 1.94 2.11 2.51 2.23
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
3 Does not reflect the effect of sales charges, if any.
54 JOHN HANCOCK Bond Fund | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS I SHARES Period ended 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 $16.33 $16.37 $15.84 $15.41 $15.93
Net investment income1 0.45 0.49 0.50 0.53 0.50
Net realized and unrealized gain (loss) on investments (1.81) 0.20 0.67 0.47 (0.47)
Total from investment operations (1.36) 0.69 1.17 1.00 0.03
Less distributions          
From net investment income (0.53) (0.55) (0.54) (0.57) (0.55)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.62) (0.73) (0.64) (0.57) (0.55)
Net asset value, end of period $14.35 $16.33 $16.37 $15.84 $15.41
Total return (%)2 (8.61) 4.20 7.47 6.70 0.19
Ratios and supplemental data          
Net assets, end of period (in millions) $5,375 $6,244 $4,693 $2,928 $2,236
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.46 0.48 0.49 0.50 0.51
Expenses including reductions 0.46 0.47 0.48 0.49 0.49
Net investment income 2.86 2.95 3.11 3.48 3.19
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 55

CLASS R2 SHARES Period ended 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 $16.34 $16.39 $15.85 $15.42 $15.95
Net investment income1 0.39 0.43 0.44 0.48 0.45
Net realized and unrealized gain (loss) on investments (1.81) 0.18 0.67 0.47 (0.49)
Total from investment operations (1.42) 0.61 1.11 0.95 (0.04)
Less distributions          
From net investment income (0.47) (0.48) (0.47) (0.52) (0.49)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.56) (0.66) (0.57) (0.52) (0.49)
Net asset value, end of period $14.36 $16.34 $16.39 $15.85 $15.42
Total return (%)2 (8.96) 3.73 7.12 6.29 (0.27)
Ratios and supplemental data          
Net assets, end of period (in millions) $65 $111 $105 $86 $83
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.86 0.87 0.87 0.88 0.92
Expenses including reductions 0.85 0.86 0.87 0.88 0.89
Net investment income 2.44 2.56 2.73 3.11 2.84
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
56 JOHN HANCOCK Bond Fund | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS R4 SHARES Period ended 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 $16.35 $16.39 $15.86 $15.43 $15.95
Net investment income1 0.44 0.47 0.48 0.52 0.49
Net realized and unrealized gain (loss) on investments (1.82) 0.19 0.66 0.47 (0.48)
Total from investment operations (1.38) 0.66 1.14 0.99 0.01
Less distributions          
From net investment income (0.51) (0.52) (0.51) (0.56) (0.53)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.60) (0.70) (0.61) (0.56) (0.53)
Net asset value, end of period $14.37 $16.35 $16.39 $15.86 $15.43
Total return (%)2 (8.72) 4.05 7.32 6.55 0.05
Ratios and supplemental data          
Net assets, end of period (in millions) $81 $62 $55 $44 $39
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.71 0.72 0.72 0.74 0.76
Expenses including reductions 0.60 0.61 0.62 0.63 0.64
Net investment income 2.76 2.81 2.99 3.36 3.09
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 57

CLASS R6 SHARES Period ended 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 $16.35 $16.40 $15.86 $15.43 $15.96
Net investment income1 0.47 0.51 0.52 0.55 0.53
Net realized and unrealized gain (loss) on investments (1.81) 0.19 0.67 0.47 (0.49)
Total from investment operations (1.34) 0.70 1.19 1.02 0.04
Less distributions          
From net investment income (0.55) (0.57) (0.55) (0.59) (0.57)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.64) (0.75) (0.65) (0.59) (0.57)
Net asset value, end of period $14.37 $16.35 $16.40 $15.86 $15.43
Total return (%)2 (8.50) 4.25 7.65 6.81 0.23
Ratios and supplemental data          
Net assets, end of period (in millions) $10,523 $10,341 $7,305 $6,560 $5,944
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.36 0.37 0.37 0.39 0.42
Expenses including reductions 0.35 0.36 0.37 0.38 0.39
Net investment income 2.97 3.05 3.22 3.61 3.37
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
58 JOHN HANCOCK Bond Fund | ANNUAL REPORT SEE NOTES TO FINANCIAL STATEMENTS

CLASS NAV SHARES Period ended 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 $16.35 $16.39 $15.86 $15.43 $15.95
Net investment income1 0.47 0.51 0.52 0.56 0.53
Net realized and unrealized gain (loss) on investments (1.81) 0.20 0.67 0.47 (0.48)
Total from investment operations (1.34) 0.71 1.19 1.03 0.05
Less distributions          
From net investment income (0.55) (0.57) (0.56) (0.60) (0.57)
From net realized gain (0.09) (0.18) (0.10)
Total distributions (0.64) (0.75) (0.66) (0.60) (0.57)
Net asset value, end of period $14.37 $16.35 $16.39 $15.86 $15.43
Total return (%)2 (8.49) 4.32 7.60 6.83 0.30
Ratios and supplemental data          
Net assets, end of period (in millions) $3,759 $4,458 $3,739 $4,461 $1,959
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.35 0.36 0.36 0.37 0.40
Expenses including reductions 0.34 0.35 0.35 0.37 0.38
Net investment income 2.98 3.07 3.23 3.63 3.34
Portfolio turnover (%) 110 98 125 106 74
    
1 Based on average daily shares outstanding.
2 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
SEE NOTES TO FINANCIAL STATEMENTS ANNUAL REPORT | JOHN HANCOCK Bond Fund 59

Notes to financial statements
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 fund’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 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.
60 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

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 fund’s Pricing Committee following procedures established 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 fund’s own assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the values by input classification of the fund’s investments as of May 31, 2022, by major security category or type:
  Total
value at
5-31-22
Level 1
quoted
price
Level 2
significant
observable
inputs
Level 3
significant
unobservable
inputs
Investments in securities:        
Assets        
U.S. Government and Agency obligations $6,359,749,787 $6,359,749,787
Foreign government obligations 95,450,634 95,450,634
Corporate bonds 11,153,501,134 11,153,501,134
Municipal bonds 64,025,568 64,025,568
Term loans 123,500,096 123,500,096
Collateralized mortgage obligations 1,759,273,235 1,759,273,235
Asset backed securities 1,955,478,441 1,955,478,441
Common stocks 24,804,854 $24,804,854
Preferred securities 45,149,825 42,434,561 2,715,264
Escrow certificates 12,342 12,342
Short-term investments 614,937,841 92,648,841 522,289,000
Total investments in securities $22,195,883,757 $159,888,256 $22,035,995,501
Derivatives:        
Liabilities        
Futures $(2,204,259) $(2,204,259)
Repurchase agreements. The fund may enter into repurchase agreements. When the fund enters into a repurchase agreement, it receives collateral that is held in a segregated account by the fund’s custodian, or for tri-party repurchase agreements, collateral is held at a third-party custodian bank in a segregated account for the benefit of the fund. The collateral amount is marked-to-market and monitored on a daily basis to ensure that the
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 61

collateral held is in an amount not less than the principal amount of the repurchase agreement plus any accrued interest. Collateral received by the fund for repurchase agreements is disclosed in the Fund’s investments as part of the caption related to the repurchase agreement.
Repurchase agreements are typically governed by the terms and conditions of the Master Repurchase Agreement and/or Global Master Repurchase Agreement (collectively, MRA). Upon an event of default, the non-defaulting party may close out all transactions traded under the MRA and net amounts owed. Absent an event of default, assets and liabilities resulting from repurchase agreements are not offset in the Statement of assets and liabilities. In the event of a default by the counterparty, realization of the collateral proceeds could be delayed, during which time the collateral value may decline or the counterparty may have insufficient assets to pay claims resulting from close-out of the transactions.
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
62 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

interest receivable when the collection of all or a portion of interest has become doubtful. Capital gain distributions from underlying funds are recorded on ex-date. 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 invests in 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. Effective November 19, 2021, JHCT converted to a prime money market fund.
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.
Obligations to repay collateral received by the fund are shown on the Statement of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. As of May 31, 2022, the fund loaned securities valued at $90,747,016 and received $92,709,682 of cash collateral.
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.
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
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 63

and other limitations as specified in the agreement. Prior to June 24, 2021, the fund could borrow up to an aggregate commitment amount of $850 million. 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 year ended May 31, 2022, the fund had no borrowings under the line of credit. Commitment fees for the year ended May 31, 2022 were $73,418.
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Class allocations. Income, common expenses and realized and unrealized gains (losses) are determined at the fund level and allocated daily to each class of shares based on the net assets of the class. Class-specific expenses, such as distribution and service fees, if any, and transfer agent fees, for all classes, are charged daily at the class level based on the net assets of each class and the specific expense rates applicable to each class.
Federal income taxes. The fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
For federal income tax purposes, net capital losses of $763,446,577 that are a result of security transactions occurring after October 31, 2021, are treated as occurring on June 1, 2022, the first day of the fund’s next taxable year.
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.
The tax character of distributions for the years ended May 31, 2022 and 2021 was as follows:
  May 31, 2022 May 31, 2021
Ordinary income $815,049,274 $930,814,832
Long-term capital gains 144,307,407
Total $959,356,681 $930,814,832
Distributions paid by the fund with respect to each class of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of class level expenses that may be applied differently to each class. As of May 31, 2022, the components of distributable earnings on a tax basis consisted of $20,212,393 of undistributed ordinary income.
Such distributions and distributable earnings, 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.
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.
64 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

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.
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. Payable 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 year ended May 31, 2022, the fund used futures contracts to manage the duration of the fund. The fund held futures contracts with USD notional values ranging up 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 May 31, 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 $(2,204,259)
    
1 Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities.
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 65

Effect of derivative instruments on the Statement of operations
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 year ended May 31, 2022:
  Statement of operations location - Change in net unrealized appreciation (depreciation) of:
Risk Futures contracts
Interest rate $(2,204,259)
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.
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 year ended May 31, 2022, this waiver amounted to 0.01% of the fund’s average daily net assets. 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.
66 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

For the year ended May 31, 2022, the expense reductions described above amounted to the following:
Class Expense reduction
Class A $191,302
Class C 18,970
Class I 557,862
Class R2 8,332
Class Expense reduction
Class R4 $6,508
Class R6 1,000,225
Class NAV 380,383
Total $2,163,582
 
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the year ended May 31, 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 year ended May 31, 2022, amounted to an annual rate of 0.01% 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 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, 2022, 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 $72,994 for Class R4 shares for the year ended May 31, 2022.
Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $1,728,165 for the year ended May 31, 2022. Of this amount, $232,024 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $1,496,141 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 year ended May 31, 2022, CDSCs received by the Distributor amounted to $42,157 and $12,922 for Class A and Class C shares, respectively.
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 67

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 year ended May 31, 2022 were as follows:
Class Distribution and service fees Transfer agent fees
Class A $6,405,145 $2,428,236
Class C 2,113,682 240,406
Class I 7,088,450
Class R2 461,854 8,052
Class R4 254,098 6,363
Class R6 973,343
Total $9,234,779 $10,744,850
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.
Interfund lending program. Pursuant to an Exemptive Order issued by the SEC, the fund, along with certain other funds advised by the Advisor or its affiliates, may participate in an interfund lending program. This program provides an alternative credit facility allowing the fund to borrow from, or lend money to, other participating affiliated funds. At period end, no interfund loans were outstanding. The fund’s activity in this program during the period for which loans were outstanding was as follows:
Borrower
or Lender
Weighted Average
Loan Balance
Days
Outstanding
Weighted Average
Interest Rate
Interest Income
(Expense)
Lender $11,300,000 1 0.540% $170
Note 6Fund share transactions
Transactions in fund shares for the years ended May 31, 2022 and 2021 were as follows:
  Year Ended 5-31-22 Year Ended 5-31-21
  Shares Amount Shares Amount
Class A shares        
Sold 26,471,650 $420,880,342 38,652,892 $644,370,586
Distributions reinvested 4,739,752 75,056,680 5,401,231 89,996,746
Repurchased (29,571,430) (461,632,481) (41,335,033) (687,524,842)
Net increase 1,639,972 $34,304,541 2,719,090 $46,842,490
68 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

  Year Ended 5-31-22 Year Ended 5-31-21
  Shares Amount Shares Amount
Class B shares        
Sold 3,729 $63,012
Distributions reinvested 964 16,144
Repurchased (193,268) (3,235,561)
Net decrease (188,575) $(3,156,405)
Class C shares        
Sold 1,125,061 $18,041,512 3,237,660 $54,007,128
Distributions reinvested 365,947 5,812,293 504,456 8,409,619
Repurchased (4,677,838) (73,548,592) (6,066,637) (100,982,858)
Net decrease (3,186,830) $(49,694,787) (2,324,521) $(38,566,111)
Class I shares        
Sold 153,870,329 $2,428,787,996 186,383,088 $3,097,424,907
Distributions reinvested 14,566,680 230,704,012 13,876,937 231,003,735
Repurchased (176,193,547) (2,736,245,000) (104,556,154) (1,732,418,414)
Net increase (decrease) (7,756,538) $(76,752,992) 95,703,871 $1,596,010,228
Class R2 shares        
Sold 1,187,593 $19,052,306 3,778,070 $62,425,939
Distributions reinvested 148,465 2,371,194 213,057 3,553,443
Repurchased (3,573,485) (57,315,979) (3,654,113) (60,303,225)
Net increase (decrease) (2,237,427) $(35,892,479) 337,014 $5,676,157
Class R4 shares        
Sold 2,382,827 $38,238,204 1,390,654 $23,191,301
Distributions reinvested 180,798 2,850,493 155,307 2,590,376
Repurchased (714,706) (11,228,491) (1,119,284) (18,652,764)
Net increase 1,848,919 $29,860,206 426,677 $7,128,913
Class R6 shares        
Sold 213,638,574 $3,417,996,846 241,700,780 $4,017,196,478
Distributions reinvested 28,483,472 451,151,271 23,297,942 388,337,222
Repurchased (142,198,884) (2,211,545,432) (78,232,701) (1,298,540,703)
Net increase 99,923,162 $1,657,602,685 186,766,021 $3,106,992,997
Class NAV shares        
Sold 6,120,924 $96,971,135 43,244,135 $719,558,389
Distributions reinvested 10,784,239 171,035,504 11,071,079 184,529,067
Repurchased (27,916,110) (440,881,933) (9,714,032) (161,527,108)
Net increase (decrease) (11,010,947) $(172,875,294) 44,601,182 $742,560,348
Total net increase 79,220,311 $1,386,551,880 328,040,759 $5,463,488,617
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 69

Affiliates of the fund owned 100% of shares of Class NAV on May 31, 2022. Such concentration of shareholders’ capital could have a material effect on the fund if such shareholders redeem from the fund.
On June 25, 2020, the Board of Trustees approved redesignations of certain share classes. As a result of the redesignations, Class B was terminated, and shareholders in this class became shareholders of the respective class identified below, with the same or lower total net expenses. The following amount is included in the amount repurchased of the terminated class and the amount sold of the redesignated class.
Redesignation Effective date Amount          
Class B shares as Class A shares October 14, 2020 $1,763,175          
Note 7Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and U.S. Treasury obligations, amounted to $8,902,384,358 and $7,095,753,900, respectively, for the year ended May 31, 2022. Purchases and sales of U.S. Treasury obligations aggregated $18,805,482,138 and $19,181,012,470, respectively, for the year ended May 31, 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 May 31, 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* 9,266,089 $40,898,460 $632,811,819 $(581,006,925) $(44,344) $(10,169) $432,957 $11,842 $92,648,841
    
* 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. 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 most LIBOR maturities, including some US LIBOR maturities, on December 31, 2021, and is expected to cease publishing the remaining and most liquid US LIBOR maturities on June 30, 2023. It is expected that market participants will transition to the
70 JOHN HANCOCK Bond Fund | ANNUAL REPORT  

use of alternative reference or benchmark rates prior to the applicable LIBOR publication cessation date. However, 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 amend such financial instruments to include fallback provisions and other measures that contemplate the discontinuation of LIBOR. 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, 2022. Management expects that the adoption of the guidance will not have a material impact to the financial statements.
  ANNUAL REPORT | JOHN HANCOCK Bond Fund 71

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of John Hancock Sovereign Bond Fund and Shareholders of John Hancock Bond Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the fund’s investments, of John Hancock Bond Fund (the “Fund”) as of May 31, 2022, the related statement of operations for the year ended May 31, 2022, the statements of changes in net assets for each of the two years in the period ended May 31, 2022, including the related notes, and the financial highlights for each of the five years in the period ended May 31, 2022, (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of May 31, 2022, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended May 31, 2022 and the financial highlights for each of the five years in the period ended May 31, 2022 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of May 31, 2022 by correspondence with the custodian, transfer agents, agent banks and brokers, when replies were not received from agent banks and brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
July 14, 2022
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
72 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

Tax information
(Unaudited)
For federal income tax purposes, the following information is furnished with respect to the distributions of the fund, if any, paid during its taxable year ended May 31, 2022.
The fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.
The fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.
The fund reports the maximum amount allowable as Section 163(j) Interest Dividends.
The fund paid $144,307,407 in long term capital gain dividends.
The fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).
Eligible shareholders will be mailed a 2022 Form 1099-DIV in early 2023. This will reflect the tax character of all distributions paid in calendar year 2022.
Please consult a tax advisor regarding the tax consequences of your investment in the fund.
  ANNUAL REPORT | JOHN HANCOCK BOND FUND 73

STATEMENT REGARDING LIQUIDITY RISK MANAGEMENT

Operation of the Liquidity Risk Management Program
This section describes operation and effectiveness of the Liquidity Risk Management Program (LRMP) established in accordance with Rule 22e-4 under the Investment Company Act of 1940, as amended (the Liquidity Rule). The Board of Trustees (the Board) of each Fund in the John Hancock Group of Funds (each a Fund and collectively, the Funds) that is subject to the requirements of the Liquidity Rule has appointed John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (together, the Advisor) to serve as Administrator of the LRMP with respect to each of the Funds, including John Hancock Bond Fund, subject to the oversight of the Board. In order to provide a mechanism and process to perform the functions necessary to administer the LRMP, the Advisor established the Liquidity Risk Management Committee (the Committee). The Fund’s subadvisor, Manulife Investment Management (US) LLC (the Subadvisor) executes the day-to-day investment management and security-level activities of the Fund in accordance with the requirements of the LRMP, subject to the supervision of the Advisor and the Board.
The Committee receives monthly reports and holds quarterly meetings to: (1) review the day-to-day operations of the LRMP; (2) monitor current market and liquidity conditions; (3) review and approve month-end liquidity classifications; (4) monitor illiquid investment levels against the 15% limit on illiquid investments and established Highly Liquid Investment Minimums (HLIMs), if any; (5) review quarterly testing and determinations, as applicable; (6) review redemption-in-kind activities; and (7) review other LRMP related material. The Advisor also conducts daily, monthly, quarterly, and annual quantitative and qualitative assessments of each subadvisor to a Fund that is subject to the requirements of the Liquidity Rule and is a part of the LRMP to monitor investment performance issues, risks and trends. In addition, the Advisor may conduct ad-hoc reviews and meetings with subadvisors as issues and trends are identified, including potential liquidity issues. The Committee also monitors global events, such as the ongoing COVID-19 Coronavirus pandemic and amendments to the Office of Foreign Assets Control sanctioned company lists, that could impact the markets and liquidity of portfolio investments and their classifications.
The Committee provided the Board at a meeting held by videoconference on March 22-24, 2022 with a written report which addressed the Committee’s assessment of the adequacy and effectiveness of the implementation and operation of the LRMP and any material changes to the LRMP. The report, which covered the period January 1, 2021 through December 31, 2021, included an assessment of important aspects of the LRMP including, but not limited to: (1) Security-level liquidity classifications; (2) Fund-level liquidity risk assessment; (3) Reasonably Anticipated Trade Size (RATS) determination; (4) HLIM determination; (5) Compliance with the 15% limit on illiquid investments; (6) Operation of the Fund’s Redemption-In-Kind Procedures; and (7) Review of liquidity management facilities.
Additionally, the report included a discussion of notable changes and enhancements to the LRMP implemented during 2021 and key initiatives for 2022.
The report also covered material liquidity matters which occurred or were reported during this period applicable to the Fund, if any, and the Committee’s actions to address such matters.
The report stated, in relevant part, that during the period covered by the report:
The Fund’s investment strategy remained appropriate for an open-end fund structure;
The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund;
The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission;
74 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and
The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures.
Adequacy and Effectiveness
Based on the review and assessment conducted by the Committee, the Committee has determined that the LRMP has been implemented, and is operating in a manner that is adequate and effective at assessing and managing the liquidity risk of the Fund.
  ANNUAL REPORT | JOHN HANCOCK BOND FUND 75

Trustees and Officers
This chart provides information about the Trustees and Officers who oversee your John Hancock fund. Officers elected by the Trustees manage the day-to-day operations of the fund and execute policies formulated by the Trustees.
Independent Trustees    
Name, year of birth
Position(s) held with Trust
Principal occupation(s) and other
directorships during past 5 years
Trustee
of the
Trust
since1
Number of John
Hancock funds
overseen by
Trustee
Hassell H. McClellan, Born: 1945 2012 189
Trustee and Chairperson of the Board    
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex.
James R. Boyle, Born: 1959 2015 189
Trustee    
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015).
Peter S. Burgess,2 Born: 1942 2012 189
Trustee    
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005).
William H. Cunningham,2 Born: 1944 2005 189
Trustee    
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986).
Grace K. Fey, Born: 1946 2012 189
Trustee    
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008).
Deborah C. Jackson, Born: 1952 2008 189
Trustee    
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008).
76 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

Independent Trustees (continued)    
Name, year of birth
Position(s) held with Trust
Principal occupation(s) and other
directorships during past 5 years
Trustee
of the
Trust
since1
Number of John
Hancock funds
overseen by
Trustee
Steven R. Pruchansky, Born: 1944 2005 189
Trustee and Vice Chairperson of the Board    
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex.
Frances G. Rathke,2 Born: 1960 2020 189
Trustee    
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020).
Gregory A. Russo, Born: 1949 2009 189
Trustee    
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008).
    
Non-Independent Trustees3    
Name, year of birth
Position(s) held with Trust
Principal occupation(s) and other
directorships during past 5 years
Trustee
of the
Trust
since1
Number of John
Hancock funds
overseen by
Trustee
Andrew G. Arnott, Born: 1971 2017 189
President and Non-Independent Trustee    
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017).
  ANNUAL REPORT | JOHN HANCOCK BOND FUND 77

Non-Independent Trustees3 (continued)    
Name, year of birth
Position(s) held with Trust
Principal occupation(s) and other
directorships during past 5 years
Trustee
of the
Trust
since1
Number of John
Hancock funds
overseen by
Trustee
Marianne Harrison, Born: 1963 2018 189
Non-Independent Trustee    
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018).
    
Principal officers who are not Trustees  
Name, year of birth
Position(s) held with Trust
Principal occupation(s)
during past 5 years
Current
Position(s)
with the
Trust
since
Charles A. Rizzo, Born: 1957 2007
Chief Financial Officer  
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007).
Salvatore Schiavone, Born: 1965 2010
Treasurer  
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions).
Christopher (Kit) Sechler, Born: 1973 2018
Secretary and Chief Legal Officer  
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions).
Trevor Swanberg, Born: 1979 2020
Chief Compliance Officer  
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions).
The business address for all Trustees and Officers is 200 Berkeley Street, Boston, Massachusetts 02116-5023.
78 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

The Statement of Additional Information of the fund includes additional information about members of the Board of Trustees of the Trust and is available without charge, upon request, by calling 800-225-5291.
1 Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table.
2 Member of the Audit Committee.
3 The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates.
  ANNUAL REPORT | JOHN HANCOCK BOND FUND 79

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
Marianne Harrison
Deborah C. Jackson
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
 Non-Independent Trustee
* Member of the Audit Committee
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
Independent registered public accounting firm
PricewaterhouseCoopers LLP
 
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
80 JOHN HANCOCK BOND FUND | ANNUAL REPORT  

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
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 Mortgage-Backed Securities ETF
John Hancock Multifactor Consumer Discretionary ETF
John Hancock Multifactor Consumer Staples ETF
John Hancock Multifactor Developed International ETF
John Hancock Multifactor Emerging Markets ETF
John Hancock Multifactor Energy ETF
John Hancock Multifactor Financials ETF
John Hancock Multifactor Healthcare ETF
John Hancock Multifactor Industrials ETF
John Hancock Multifactor Large Cap ETF
John Hancock Multifactor Materials ETF
John Hancock Multifactor Media and
Communications ETF
John Hancock Multifactor Mid Cap ETF
John Hancock Multifactor Small Cap ETF
John Hancock Multifactor Technology ETF
John Hancock Multifactor Utilities ETF
John Hancock Preferred Income 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.
MF2234706 21A 5/22
7/2022

ITEM 2. CODE OF ETHICS.

As of the end of the year, May 31, 2022, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Frances G. Rathke is the audit committee financial expert, effective March 25, 2022, and is "independent", pursuant to general instructions on Form N-CSR Item 3.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(a) Audit Fees

The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to the following for the fiscal years ended May 31, 2022 and 2021. These fees were billed to the registrant and were approved by the registrant's audit committee.

Fund

May 31, 2022

May 31, 2021

John Hancock Bond Fund

$63,311

$ 61,760

(b) Audit-Related Services

Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews. Amounts billed to the registrant were as follows:

Fund

May 31, 2022

May 31, 2021

John Hancock Bond Fund

$776

$604

Amounts billed to control affiliates were $119,500 and $116,000 for the fiscal years ended May 31, 2022 and 2021, respectively.

(c) Tax Fees

The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to the following for the fiscal years ended May 31, 2022 and 2021. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.

Fund

May 31, 2022

May 31, 2021

John Hancock Bond Fund

$3,914

$5,087

(d) All Other Fees

 

The nature of the services comprising all other fees is advisory services provided to the investment manager. Other fees amounted to the following for the fiscal years ended May 31, 2022 and 2021:

Fund

May 31, 2022

May 31, 2021

John Hancock Bond Fund

$305

$ 89

(e)(1) Audit Committee Pre-Approval Policies and Procedures:

The trust's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.

The trust's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per year/per fund are subject to specific pre- approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per year/per fund are subject to specific pre-approval by the Audit Committee.

All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.

(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X:

Audit-Related Fees, Tax Fees and All Other Fees:

There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.

(f)According to the registrant's principal accountant for the fiscal year ended May 31, 2022, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.

(g)The aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $950, 647 for the fiscal year ended May 31, 2022 and $1,147,427 for the fiscal year ended May 31, 2021

(h)The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:

Frances G. Rathke – Chairperson, effective March 25, 2022

Peter S. Burgess

William H. Cunningham

 

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.

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, Governance and Administration 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) Code of Ethics for Covered Officers is attached.

(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, Governance and Administration 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:

July 14, 2022

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:

July 14, 2022

By:

/s/ Charles A. Rizzo

 

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

 

Charles A. Rizzo

 

Chief Financial Officer

Date:

July 14, 2022