Quarterly portfolio holdings
John Hancock
Multi-Asset High Income Fund
Asset allocation
May 31, 2026
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
Fund’s investments
As of 5-31-26 (unaudited)
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 0.1%     $222,401
(Cost $216,000)          
U.S. Government Agency 0.1%       222,401
Farm Credit Bank of Texas
Bond (7.000% to 9-15-30, then 5 Year CMT + 3.010%) (A) 		7.000 09-15-30   216,000 222,401
Foreign government obligations 0.7%       $3,075,530
(Cost $3,037,232)          
Colombia 0.2%         625,450
Republic of Colombia
Bond 		6.125 01-18-41   700,000 625,450
Egypt 0.2%         996,565
Arab Republic of Egypt
Bond (B) 		9.450 02-04-33   900,000 996,565
Mongolia 0.0%         206,330
Republic of Mongolia
Bond (B) 		6.625 02-25-30   200,000 206,330
Pakistan 0.1%         600,869
Republic of Pakistan
Bond 		6.875 12-05-27   600,000 600,869
Sri Lanka 0.2%         646,316
Republic of Sri Lanka          
Bond (3.600% to 11-15-27, then 3.850% to 11-15-32, then 9.500% thereafter) 3.600 05-15-36   300,000 290,346
Bond 4.000 04-15-28   371,000 355,970
Corporate bonds 56.3%     $231,003,730
(Cost $230,989,136)          
Communication services 10.1%     41,438,853
Diversified telecommunication services 3.1%      
APLD ComputeCo 2 LLC (B) 6.750 03-15-31   250,000 251,983
APLD ComputeCo LLC (B) 9.250 12-15-30   393,000 424,219
Bell Canada (6.875% to 9-15-30, then 5 Year CMT + 2.390%) 6.875 09-15-55   475,000 488,441
Black Pearl Compute LLC (B) 6.125 02-15-31   236,000 240,109
Cas Capital No 2, Ltd. (6.250% to 4-13-31, then 5 Year CMT + 2.533% to 4-13-36, then 5 Year CMT + 2.783% to 4-13-51, then 5 Year CMT + 3.533%) (A) 6.250 01-13-31   200,000 201,474
Cipher Compute LLC (B) 7.125 11-15-30   166,000 173,047
Connect Finco Sarl (B) 9.000 09-15-29   243,000 256,588
Connect Holding II LLC (B) 10.500 04-03-31   114,000 116,081
Edged Compute LLC (B) 7.500 04-30-31   520,000 521,343
FiberCop SpA (B) 6.375 11-15-33   80,000 80,007
FiberCop SpA (B) 7.200 07-18-36   80,000 79,962
IHS Holding, Ltd. (B) 7.875 05-29-30   200,000 206,337
IHS Holding, Ltd. (B) 8.250 11-29-31   200,000 208,895
Level 3 Financing, Inc. (B)(C) 3.750 07-15-29   11,000 10,643
Level 3 Financing, Inc. (B) 6.875 06-30-33   1,229,000 1,265,909
Level 3 Financing, Inc. (B) 7.000 03-31-34   922,000 955,641
Level 3 Financing, Inc. (B) 7.500 02-15-37   234,000 241,184
Level 3 Financing, Inc. (B) 8.500 01-15-36   196,000 211,908
Meridian Arc Holdco LLC (B) 6.250 04-30-31   1,064,000 1,069,471
PR RNO Property Owner 1 LLC (B) 6.500 05-01-31   708,000 708,970
Sable International Finance, Ltd. (B) 7.125 10-15-32   650,000 643,314
SE Cosmos LLC (B) 8.875 05-01-31   328,000 343,070
SV RNO Property Owner 1 LLC (B) 5.875 03-01-31   713,000 704,049
TELUS Corp. (7.000% to 10-15-35, then 5 Year CMT + 2.709%) 7.000 10-15-55   1,000,000 1,029,297
Uniti Services LLC (B) 7.500 10-15-33   383,000 403,070
Verizon Communications, Inc. (6.200% to 5-14-36, then 5 Year CMT + 2.042%) 6.200 05-14-56   1,325,000 1,344,964
2 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Diversified telecommunication services (continued)      
Windstream Services LLC (B) 8.250 10-01-31   477,000 $503,242
Zayo Group Holdings, Inc. (7.125% Cash and 1.875% PIK) (B) 9.000 09-09-30   100,603 99,980
Entertainment 1.2%      
AMC Entertainment Holdings, Inc. (B)(C) 7.500 02-15-29   300,000 261,735
Cinemark USA, Inc. (B) 7.000 08-01-32   149,000 154,224
Discovery Global Holdings, Inc. 4.279 03-15-32   1,413,000 1,260,984
Oak-Eagle Acquireco, Inc. (B) 7.250 07-01-33   410,000 427,567
Oak-Eagle Acquireco, Inc. (B) 8.750 07-01-34   248,000 262,099
Playtika Holding Corp. (B) 4.250 03-15-29   1,027,000 922,534
Univision Communications, Inc. (B) 8.500 07-31-31   956,000 962,433
Univision Communications, Inc. (B) 8.875 04-15-33   237,000 236,096
Univision Communications, Inc. (B) 9.375 08-01-32   250,000 256,000
Interactive media and services 0.3%      
Arches Buyer, Inc. (B) 6.125 12-01-28   60,000 58,200
Match Group Holdings II LLC (B) 6.125 09-15-33   680,000 668,654
Snap, Inc. (B) 6.875 03-01-33   676,000 670,055
Media 4.2%      
Altice Financing SA (B) 4.250 08-15-29 EUR 100,000 84,340
Altice Financing SA (B) 5.750 08-15-29   969,000 702,115
Altice France SA (B) 9.500 11-01-29   1,038,865 1,056,145
CCO Holdings LLC (B) 6.375 09-01-29   1,952,000 1,961,110
CCO Holdings LLC (B)(C) 7.000 02-01-33   1,476,000 1,442,783
CCO Holdings LLC (B)(C) 7.375 03-01-31   1,569,000 1,591,213
CCO Holdings LLC (B)(C) 7.375 02-01-36   320,000 312,254
Clear Channel Outdoor Holdings, Inc. (B) 7.125 02-15-31   206,000 212,940
Clear Channel Outdoor Holdings, Inc. (B) 7.500 06-01-29   32,000 32,113
Clear Channel Outdoor Holdings, Inc. (B) 7.750 04-15-28   31,000 31,066
CSC Holdings LLC (B) 11.750 01-31-29   1,140,000 720,061
DIRECTV Financing LLC (B) 9.250 06-01-32   241,000 247,418
DIRECTV Financing LLC (B) 10.000 02-15-31   1,089,000 1,139,415
DISH DBS Corp. 5.125 06-01-29   310,000 280,567
DISH DBS Corp. (B)(C) 5.750 12-01-28   313,000 307,161
DISH Network Corp. (B) 11.750 11-15-27   270,000 278,203
Gray Media, Inc. (B) 4.750 10-15-30   104,000 78,785
Gray Media, Inc. (B) 5.375 11-15-31   114,000 81,804
Gray Media, Inc. (B) 7.250 08-15-33   236,000 233,930
Gray Media, Inc. (B) 9.625 07-15-32   104,000 102,577
Gray Media, Inc. (B) 10.500 07-15-29   216,000 228,663
iHeartCommunications, Inc. (B)(C) 10.875 05-01-30   215,318 182,976
Light & Wonder International, Inc. (B) 6.250 10-01-33   753,000 744,664
McGraw-Hill Education, Inc. (B) 8.000 08-01-29   77,000 77,286
Neptune Bidco US, Inc. (B) 9.290 04-15-29   250,000 255,576
Neptune Bidco US, Inc. (B) 9.500 02-15-33   134,000 137,076
Neptune Bidco US, Inc. (B) 10.375 05-15-31   556,000 580,839
Nexstar Media, Inc. (B) 6.500 09-15-33   495,000 498,944
Nexstar Media, Inc. (B) 7.250 04-15-34   248,000 249,561
Paramount Global 3.375 02-15-28   151,000 146,328
Paramount Global 3.700 06-01-28   147,000 142,118
Paramount Global 4.200 06-01-29   148,000 141,175
Paramount Global 4.200 05-19-32   296,000 256,308
Paramount Global 4.950 01-15-31   359,000 334,849
Paramount Global 5.500 05-15-33   130,000 116,455
Paramount Global (C) 6.875 04-30-36   324,000 299,704
Paramount Global 7.875 07-30-30   242,000 254,043
Scripps Escrow II, Inc. (B)(C) 5.375 01-15-31   134,000 94,033
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 3
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Media (continued)      
Sinclair Television Group, Inc. (B) 5.500 03-01-30   67,000 $59,211
Sinclair Television Group, Inc. (B)(C) 9.750 02-15-33   35,000 39,156
Stagwell Global LLC (B) 5.625 08-15-29   909,000 884,724
The EW Scripps Company (B) 9.875 08-15-30   80,000 76,379
Versant Media Group, Inc. (B) 7.250 01-30-31   107,000 111,170
VZ Secured Financing BV (B) 5.000 01-15-32   164,000 142,386
VZ Secured Financing BV (B) 7.500 01-15-33   134,000 128,852
Wireless telecommunication services 1.3%      
C&W Senior Finance, Ltd. (B) 9.000 01-15-33   659,000 672,752
Millicom International Cellular SA (B) 6.250 03-25-29   823,500 829,310
Rogers Communications, Inc. (7.000% to 4-15-30, then 5 Year CMT + 2.653%) 7.000 04-15-55   950,000 971,918
SoftBank Group Corp. (7.625% to 4-29-31, then 5 Year CMT + 4.320% to 4-29-46, then 5 Year CMT + 4.370% to 4-29-51, then 5 Year CMT + 5.070%) 7.625 04-29-61   1,000,000 963,848
SoftBank Group Corp. (8.250% to 10-29-35, then 5 Year CMT + 4.545% to 10-29-50, then 5 Year CMT + 4.595% to 10-29-55, then 5 Year CMT + 5.295%) 8.250 10-29-65   700,000 679,226
Turkcell Iletisim Hizmetleri AS (B)(C) 7.650 01-24-32   850,000 875,983
Vmed O2 UK Financing I PLC (B) 3.250 01-31-31 EUR 420,000 443,561
Consumer discretionary 5.7%     23,430,851
Automobile components 0.8%      
American Axle & Manufacturing, Inc. (B) 6.375 10-15-32   94,000 94,350
American Axle & Manufacturing, Inc. (B) 7.750 10-15-33   383,000 384,057
Clarios Global LP (B) 6.750 09-15-32   184,000 188,480
Dealer Tire LLC (B) 8.000 02-01-28   60,000 59,286
IHO Verwaltungs GmbH (7.375% Cash or 8.125% PIK) (B) 7.375 05-15-33   230,000 236,681
IHO Verwaltungs GmbH (8.000% Cash or 8.750% PIK) (B) 8.000 11-15-32   100,000 104,373
The Goodyear Tire & Rubber Company 5.250 07-15-31   199,000 176,650
ZF North America Capital, Inc. (B) 6.750 04-23-30   570,000 567,510
ZF North America Capital, Inc. (B) 6.875 04-14-28   746,000 763,944
ZF North America Capital, Inc. (B) 7.500 03-24-31   569,000 574,695
Automobiles 0.4%      
Nissan Motor Acceptance Company LLC (B) 5.625 09-29-28   477,000 476,224
Nissan Motor Company, Ltd. (B) 7.500 07-17-30   770,000 797,395
Nissan Motor Company, Ltd. (B) 7.750 07-17-32   230,000 240,613
Broadline retail 0.8%      
Kohl’s Corp. 5.125 05-01-31   306,000 261,959
Kohl’s Corp. (B) 10.000 06-01-30   639,000 694,831
Liberty Interactive LLC (D) 8.250 02-01-30   385,000 21,676
Macy’s Retail Holdings LLC (B) 6.125 03-15-32   94,000 94,013
Macy’s Retail Holdings LLC (B) 7.375 08-01-33   502,000 524,104
Prosus NV (B) 3.832 02-08-51   500,000 337,367
QVC, Inc. (B)(D) 6.875 04-15-29   546,000 267,540
Rakuten Group, Inc. (8.125% to 12-15-29, then 5 Year CMT + 4.250%) (A)(B) 8.125 12-15-29   425,000 438,129
Shutterfly Finance LLC (8.500% Cash or 4.250% PIK) (B) 8.500 10-01-27   90,000 89,409
Wand NewCo 3, Inc. (B) 7.625 01-30-32   519,000 536,817
Distributors 0.0%      
Li & Fung, Ltd. (A) 5.250 11-03-26   200,000 115,248
Diversified consumer services 0.1%      
Graham Holdings Company (B) 5.625 12-01-33   236,000 231,794
Sotheby’s (B) 8.250 04-15-31   303,000 298,291
Hotels, restaurants and leisure 2.2%      
A&K Travel Group Holdings, Ltd. (B) 7.500 05-15-33   233,000 236,270
Affinity Interactive (B) 6.875 12-15-27   883,000 513,129
Caesars Entertainment, Inc. (B) 6.500 02-15-32   191,000 186,219
Caesars Entertainment, Inc. (B) 7.000 02-15-30   756,000 764,961
4 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Hotels, restaurants and leisure (continued)      
Carnival Corp., Ltd. (B) 5.125 05-01-29   209,000 $208,747
Champion Path Holdings, Ltd. 4.850 01-27-28   200,000 194,528
Fortune Star BVI, Ltd. 5.050 01-27-27   200,000 197,857
Hilton Grand Vacations Borrower LLC (B) 6.625 01-15-32   892,000 907,079
Lindblad Expeditions LLC (B) 7.000 09-15-30   250,000 257,279
Marriott Ownership Resorts, Inc. (B) 4.500 06-15-29   1,009,000 973,117
Melco Resorts Finance, Ltd. 5.625 07-17-27   400,000 399,434
Melco Resorts Finance, Ltd. (B) 5.750 07-21-28   200,000 199,041
MGM China Holdings, Ltd. 4.750 02-01-27   400,000 398,991
Resorts World Las Vegas LLC (B) 4.625 04-16-29   756,000 688,173
Resorts World Las Vegas LLC 8.450 07-27-30   200,000 199,482
Sabre GLBL, Inc. (B) 10.750 11-15-29   219,000 196,662
Sabre GLBL, Inc. (B) 10.750 03-15-30   346,000 305,864
Sabre GLBL, Inc. (B) 11.125 07-15-30   676,000 602,485
Scientific Games Holdings LP (B) 6.625 03-01-30   94,000 81,178
Six Flags Entertainment Corp. (B)(C) 8.625 01-15-32   139,000 142,739
Studio City Company, Ltd. 6.125 05-15-31   200,000 199,514
Studio City Finance, Ltd. 6.500 01-15-28   200,000 200,094
TKC Holdings, Inc. (B) 8.500 08-15-30   472,000 482,638
TKC Holdings, Inc. (B) 12.000 02-15-31   62,000 64,546
Wynn Macau, Ltd. 5.500 10-01-27   400,000 399,096
Household durables 0.7%      
Installed Building Products, Inc. (B) 5.625 02-01-34   67,000 65,777
KB Home 4.000 06-15-31   836,000 778,070
KB Home 7.250 07-15-30   266,000 271,788
Newell Brands, Inc. (B) 8.500 06-01-28   952,000 994,028
Taylor Morrison Communities, Inc. (B) 5.750 11-15-32   100,000 100,485
Whirlpool Corp. 6.125 06-15-30   733,000 689,458
Leisure products 0.0%      
MajorDrive Holdings IV LLC (B) 6.375 06-01-29   63,000 53,408
Specialty retail 0.7%      
Carvana Company (9.000% Cash or 13.000% PIK) (B) 9.000 06-01-30   167,268 173,482
Carvana Company (9.000% Cash or 14.000% PIK) (B) 9.000 06-01-31   235,484 260,266
Champions Financing, Inc. (B)(C) 8.750 02-15-29   73,000 70,556
Gee Automotive Holdings LLC (B) 7.250 03-01-31   69,000 69,745
Mavis Tire Express Services Topco Corp. (B) 6.500 05-15-29   84,000 83,908
Petco Health & Wellness Company, Inc. (B) 8.250 02-01-31   91,000 91,153
PetSmart LLC (B) 7.500 09-15-32   296,000 298,258
PetSmart LLC (B) 10.000 09-15-33   250,000 252,333
Staples, Inc. (B) 12.750 01-15-30   94,000 71,951
The Michaels Companies, Inc. (B) 8.500 03-15-33   383,000 373,920
The Michaels Companies, Inc. (B) 11.000 03-15-34   97,000 91,712
Wayfair LLC (B) 7.250 10-31-29   196,000 201,665
Wayfair LLC (B) 7.750 09-15-30   643,000 669,368
Zhongsheng Group Holdings, Ltd. 5.980 01-30-28   200,000 194,961
Consumer staples 1.4%     5,443,661
Consumer staples distribution and retail 0.4%      
Albertsons Companies, Inc. (B) 5.500 03-31-31   157,000 154,590
Albertsons Companies, Inc. (B) 5.625 03-31-32   743,000 725,406
Albertsons Companies, Inc. (B) 5.750 03-31-34   393,000 378,599
ARKO Corp. (B) 5.125 11-15-29   57,000 52,321
KeHE Distributors LLC (B) 7.125 04-30-33   87,000 88,162
Performance Food Group, Inc. (B) 5.625 03-01-34   149,000 145,601
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 5
  Rate (%) Maturity date   Par value^ Value
Consumer staples (continued)      
Food products 0.7%      
B&G Foods, Inc. (C) 5.250 09-15-27   63,000 $61,254
B&G Foods, Inc. (B) 8.000 09-15-28   260,000 257,316
Chobani LLC (B) 6.375 04-15-34   69,000 70,143
Fiesta Purchaser, Inc. (B) 9.625 09-15-32   57,000 57,247
Froneri Lux FinCo Sarl (B) 6.000 08-01-32   360,000 351,046
Industrial F&B Investments III, Inc. (B) 7.750 02-11-33   80,000 81,602
MARB BondCo PLC (B) 3.950 01-29-31   1,025,000 914,440
Post Holdings, Inc. (B) 6.250 10-15-34   67,000 66,401
Post Holdings, Inc. (B) 6.375 03-01-33   603,000 601,262
Simmons Foods, Inc. (B) 4.625 03-01-29   514,000 497,182
Personal care products 0.3%      
Edgewell Personal Care Company (B) 4.125 04-01-29   213,000 203,568
HLF Financing Sarl LLC (B) 7.750 05-01-33   385,000 388,848
Opal Bidco SAS (B) 6.500 03-31-32   343,000 348,673
Energy 7.1%     29,211,352
Energy equipment and services 0.7%      
Archrock Partners LP (B) 6.625 09-01-32   775,000 793,399
Bristow Group, Inc. (B) 6.750 02-01-33   77,000 77,715
Enerflex, Inc. (B) 6.875 01-15-31   57,000 58,628
Kodiak Gas Services LLC (B) 6.500 10-01-33   330,000 335,837
Nabors Industries, Inc. (B) 7.625 11-15-32   77,000 80,268
Oceanica Lux (B) 11.250 05-08-31   535,000 544,363
SESI LLC (B) 7.875 09-30-30   236,000 243,612
Transocean International, Ltd. (C) 7.500 04-15-31   50,000 51,301
Transocean International, Ltd. (B) 7.875 10-15-32   90,000 96,023
Transocean International, Ltd. (B) 8.250 05-15-29   104,000 108,008
Transocean International, Ltd. (B) 8.500 05-15-31   104,000 109,855
USA Compression Partners LP (B) 6.250 10-01-33   353,000 354,342
USA Compression Partners LP (B) 7.125 03-15-29   250,000 257,587
Oil, gas and consumable fuels 6.4%      
Antero Midstream Partners LP (B) 5.750 10-15-33   165,000 163,267
Ascent Resources Utica Holdings LLC (B) 5.875 06-30-29   180,000 179,759
Buckeye Partners LP (B) 6.750 02-01-30   186,000 192,624
Buckeye Partners LP (B) 6.875 07-01-29   420,000 433,001
Calumet Specialty Products Partners LP (B) 9.750 02-15-31   56,000 59,291
CNX Resources Corp. (B) 5.875 03-01-34   147,000 144,705
Crescent Energy Finance LLC (B) 8.375 01-15-34   1,202,000 1,260,850
Delek Logistics Partners LP (B) 6.875 06-01-34   187,000 189,645
Enbridge, Inc. (7.625% to 1-15-33, then 5 Year CMT + 4.418% to 1-15-53, then 5 Year CMT + 5.168%) 7.625 01-15-83   671,000 731,940
Energy Transfer LP (6.750% to 2-15-36, then 5 Year CMT + 2.475%) 6.750 02-15-56   850,000 865,977
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (A) 7.125 05-15-30   906,000 935,319
Excelerate Energy LP (B) 8.000 05-15-30   643,000 680,825
Genesis Energy LP 6.750 03-15-34   236,000 236,911
Genesis Energy LP 8.000 05-15-33   149,000 156,282
Genesis Energy LP 8.250 01-15-29   842,000 873,803
Global Partners LP (B) 7.125 07-01-33   253,000 257,233
Hilcorp Energy I LP (B) 5.750 02-01-29   519,000 517,848
Howard Midstream Energy Partners LLC (B) 6.625 01-15-34   213,000 215,505
Howard Midstream Energy Partners LLC (B) 7.375 07-15-32   117,000 120,939
Indika Energy Tbk PT 8.750 05-07-29   250,000 253,132
Kraken Oil & Gas Partners LLC (B) 7.125 05-15-31   140,000 139,199
Long Ridge Energy LLC (B) 8.750 02-15-32   641,000 666,155
MC Brazil Downstream Trading Sarl (B)(C) 7.250 06-30-31   1,449,870 1,379,537
6 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Medco Cypress Tree Pte, Ltd. 8.625 05-19-30   250,000 $261,705
NGL Energy Operating LLC (B) 8.375 02-15-32   213,000 223,796
Northern Oil & Gas, Inc. (B) 7.875 10-15-33   144,000 146,165
Petroleos del Peru SA (B) 5.625 06-19-47   710,000 518,648
Petroleos Mexicanos 6.700 02-16-32   1,350,000 1,360,730
Phillips 66 Company (6.200% to 3-15-36, then 5 Year CMT + 2.166%) 6.200 03-15-56   1,200,000 1,206,349
SM Energy Company (B) 6.625 04-15-34   144,000 144,781
SM Energy Company (B) 7.000 08-01-32   733,000 750,897
SM Energy Company (B) 8.750 07-01-31   546,000 571,570
SM Energy Company (B) 9.625 06-15-33   472,000 525,363
Solaris Energy Infrastructure LLC (B) 6.375 05-15-31   187,000 189,926
South Bow Canadian Infrastructure Holdings, Ltd. (7.500% to 3-1-35, then 5 Year CMT + 3.667%) 7.500 03-01-55   525,000 560,303
Sunoco LP (B) 5.625 03-15-31   313,000 313,394
Sunoco LP (B) 5.875 03-15-34   549,000 545,721
Sunoco LP (7.875% to 9-18-30, then 5 Year CMT + 4.230%) (A)(B) 7.875 09-18-30   975,000 1,018,277
Thaioil Treasury Center Company, Ltd. (6.100% to 4-15-31, then 5 Year CMT + 2.375% to 4-15-36, then 5 Year CMT + 2.625% to 4-15-51, then 5 Year CMT + 3.125%) (A)(B) 6.100 01-15-31   200,000 197,227
TransCanada PipeLines, Ltd. (7.000% to 6-1-30, then 5 Year CMT + 2.614%) 7.000 06-01-65   535,000 551,145
TransMontaigne Partners LLC (B) 8.500 06-15-30   60,000 61,903
Venture Global Calcasieu Pass LLC (B) 6.000 05-01-36   114,000 115,282
Venture Global LNG, Inc. (B) 7.000 01-15-30   716,000 734,445
Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(B) 9.000 09-30-29   1,511,000 1,492,184
Venture Global LNG, Inc. (B) 9.500 02-01-29   626,000 681,554
Venture Global Plaquemines LNG LLC (B) 6.125 12-15-30   231,000 237,274
Venture Global Plaquemines LNG LLC (B) 6.500 01-15-34   296,000 309,470
Venture Global Plaquemines LNG LLC (B) 6.500 06-15-34   231,000 241,076
Venture Global Plaquemines LNG LLC (B) 7.500 05-01-33   1,186,000 1,308,861
Vermilion Energy, Inc. (B)(C) 7.250 02-15-33   77,000 77,481
Yinson Bergenia Production BV (B) 8.498 01-31-45   1,036,035 1,101,140
Financials 12.2%     50,046,449
Banks 3.9%      
Axis Bank, Ltd. (4.100% to 3-8-27, then 5 Year CMT + 3.315%) (A)(B) 4.100 09-08-26   200,000 199,010
Banco Mercantil del Norte SA (7.500% to 6-27-29, then 10 Year CMT + 5.470%) (A)(B) 7.500 06-27-29   1,100,000 1,097,558
Banco Santander SA (8.000% to 8-1-34, then 5 Year CMT + 3.911%) (A) 8.000 02-01-34   275,000 294,989
Banco Santander SA (9.625% to 11-21-33, then 5 Year CMT + 5.298%) (A) 9.625 05-21-33   350,000 411,438
Bangkok Bank PCL (3.733% to 9-25-29, then 5 Year CMT + 1.900%) 3.733 09-25-34   400,000 381,654
Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (A) 6.125 04-27-27   425,000 429,453
Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (A) 6.625 05-01-30   446,000 460,938
Bank of Montreal (7.700% to 5-26-29, then 5 Year CMT + 3.452%) 7.700 05-26-84   575,000 601,734
Barclays PLC (8.000% to 9-15-29, then 5 Year CMT + 5.431%) (A) 8.000 03-15-29   775,000 813,363
BNP Paribas SA (6.875% to 12-15-33, then 5 Year CMT + 2.853%) (A)(B) 6.875 12-15-33   700,000 695,399
BNP Paribas SA (7.200% to 4-17-36, then 5 Year CMT + 2.942%) (A)(B) 7.200 04-17-36   500,000 500,671
BNP Paribas SA (8.000% to 8-22-31, then 5 Year CMT + 3.727%) (A)(B) 8.000 08-22-31   475,000 507,922
Canadian Imperial Bank of Commerce (6.500% to 7-28-31, then 5 Year CMT + 2.727%) 6.500 07-28-86   700,000 699,042
China CITIC Bank International, Ltd. (3.250% to 7-29-26, then 5 Year CMT + 2.530%) (A) 3.250 07-29-26   300,000 299,353
Citigroup, Inc. (6.875% to 8-15-30, then 5 Year CMT + 2.890%) (A) 6.875 08-15-30   1,425,000 1,453,450
Citigroup, Inc. (7.375% to 5-15-28, then 5 Year CMT + 3.209%) (A) 7.375 05-15-28   260,000 267,916
First Citizens BancShares, Inc. (7.000% to 12-15-30, then 5 Year CMT + 3.301%) (A) 7.000 12-15-30   850,000 853,833
Golomt Bank JSC (B) 7.950 05-14-29   200,000 200,039
HDFC Bank, Ltd. (3.700% to 2-25-27, then 5 Year CMT + 2.925%) (A) 3.700 08-25-26   400,000 397,466
Industrial & Commercial Bank of China, Ltd. (3.200% to 9-24-26, then 5 Year CMT + 2.368%) (A) 3.200 09-24-26   500,000 498,006
ING Groep NV (7.000% to 11-16-32, then 5 Year SOFR ICE Swap Rate + 3.594%) (A) 7.000 11-16-32   425,000 437,230
Kasikornbank PCL (4.000% to 2-10-27, then 5 Year CMT + 3.337%) (A) 4.000 02-10-27   400,000 394,516
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 7
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
M&T Bank Corp. (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%) (A) 5.125 11-01-26   750,000 $749,307
Park River Holdings, Inc. (B) 8.750 12-31-30   63,000 61,030
Popular, Inc. 7.250 03-13-28   151,000 156,204
Royal Bank of Canada (7.500% to 5-2-29, then 5 Year CMT + 2.887%) 7.500 05-02-84   702,000 728,393
Societe Generale SA (8.125% to 5-21-30, then 5 Year CMT + 3.790%) (A)(B) 8.125 11-21-29   700,000 735,875
Standard Chartered PLC (4.750% to 7-14-31, then 5 Year CMT + 3.805%) (A) 4.750 01-14-31   300,000 282,226
Standard Chartered PLC (7.625% to 7-16-32, then 5 Year CMT + 3.023%) (A)(C) 7.625 01-16-32   300,000 315,889
The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) 8.625 10-27-82   565,000 590,092
The Toronto-Dominion Bank (7.250% to 7-31-29, then 5 Year CMT + 2.977%) 7.250 07-31-84   592,000 614,538
Capital markets 1.0%      
Aretec Group, Inc. (B)(C) 7.500 04-01-29   40,000 40,013
Brookfield Finance, Inc. (6.300% to 1-15-35, then 5 Year CMT + 2.076%) 6.300 01-15-55   1,050,000 1,010,617
Focus Financial Partners LLC (B) 6.750 09-15-31   482,000 485,615
Hightower Holding LLC (B) 6.750 04-15-29   30,000 29,927
Hightower Holding LLC (B) 9.125 01-31-30   50,000 51,487
Jane Street Group (B) 6.750 05-01-33   470,000 483,344
UBS Group AG (7.000% to 8-10-30, then 5 Year SOFR ICE Swap Rate + 3.077%) (A)(B) 7.000 02-10-30   200,000 203,512
UBS Group AG (7.000% to 7-8-36, then 5 Year SOFR ICE Swap Rate + 3.321%) (A)(B) 7.000 01-08-36   1,065,000 1,074,681
XP, Inc. (B)(C) 6.750 07-02-29   811,000 822,546
Consumer finance 1.6%      
Ally Financial, Inc. (7.100% to 8-15-31, then 5 Year CMT + 3.148%) (A) 7.100 08-15-31   750,000 755,045
Bread Financial Holdings, Inc. (B) 6.750 05-15-31   323,000 330,583
Credit Acceptance Corp. (B) 6.625 03-15-30   403,000 405,821
goeasy, Ltd. (B)(C) 7.375 10-01-30   832,000 747,098
IIFL Finance, Ltd. 8.750 07-24-28   200,000 206,062
Manappuram Finance, Ltd. 7.375 05-12-28   180,000 182,489
Muangthai Capital PCL 7.550 07-21-30   250,000 252,737
Muthoot Finance, Ltd. 7.125 02-14-28   400,000 406,734
Navient Corp. 9.375 10-15-31   195,000 194,059
OneMain Finance Corp. 6.125 05-15-30   956,000 952,137
OneMain Finance Corp. 6.500 03-15-33   1,250,000 1,220,726
OneMain Finance Corp. 6.750 03-15-32   246,000 244,623
PHH Escrow Issuer LLC (B) 9.875 11-01-29   73,000 71,746
RFNA LP (B) 7.875 02-15-30   250,000 245,305
Shriram Finance, Ltd. 6.625 04-22-27   200,000 202,964
Financial services 2.4%      
Apollo Global Management, Inc. (6.000% to 12-15-34, then 5 Year CMT + 2.168%) 6.000 12-15-54   625,000 606,984
Block, Inc. (B) 5.625 08-15-30   529,000 531,177
Block, Inc. (B) 6.000 08-15-33   427,000 427,107
CFAMC II Company, Ltd. 4.875 11-22-26   200,000 200,297
CFAMC III Company, Ltd. 4.250 11-07-27   300,000 297,984
Cobra AcquisitionCo LLC (B) 6.375 11-01-29   50,000 43,241
Cobra AcquisitionCo LLC (B) 12.250 11-01-29   23,000 23,203
Corebridge Financial, Inc. (6.875% to 12-15-27, then 5 Year CMT + 3.846%) 6.875 12-15-52   475,000 481,947
CrossCountry Intermediate HoldCo LLC (B) 6.500 10-01-30   236,000 232,316
CrossCountry Intermediate HoldCo LLC (B) 6.750 12-01-32   326,000 313,455
CS Treasury Management Services P, Ltd. (A) 9.000 12-05-26   300,000 306,910
Far East Horizon, Ltd. 6.625 04-16-27   200,000 202,774
Freedom Mortgage Corp. (B) 12.250 10-01-30   433,000 468,141
Freedom Mortgage Holdings LLC (B) 6.875 05-01-31   94,000 91,111
Freedom Mortgage Holdings LLC (B) 7.875 04-01-33   246,000 240,203
Freedom Mortgage Holdings LLC (B) 8.375 04-01-32   380,000 385,851
ION Platform Finance US, Inc. (B)(C) 5.750 05-15-28   219,000 208,632
ION Platform Finance US, Inc. (B) 7.875 09-30-32   236,000 182,769
ION Platform Finance US, Inc. (B) 9.500 05-30-29   300,000 280,617
8 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Financial services (continued)      
LD Holdings Group LLC (B) 6.125 04-01-28   63,000 $54,595
LD Holdings Group LLC (B) 8.750 11-01-27   33,000 31,269
NWD Finance BVI, Ltd. (10.131% to 6-16-28, then 3 Year CMT + 6.201%) (A) 10.131 06-28-26   200,000 176,903
Osaic Holdings, Inc. (B) 6.750 08-01-32   457,000 461,251
Osaic Holdings, Inc. (B) 8.000 08-01-33   90,000 91,557
Oxford Finance LLC (B)(C) 7.750 05-15-31   143,000 142,019
PennyMac Financial Services, Inc. (B) 6.750 02-15-34   477,000 457,318
PennyMac Financial Services, Inc. (B) 6.875 05-15-32   400,000 391,633
PennyMac Financial Services, Inc. (B) 6.875 02-15-33   306,000 297,264
Rocket Companies, Inc. (B) 6.125 08-01-30   270,000 274,136
Rocket Companies, Inc. (B) 6.375 08-01-33   517,000 525,014
Rocket Companies, Inc. (B) 6.500 08-01-29   589,000 602,263
Sammaan Capital, Ltd. 8.950 08-28-28   200,000 208,200
Stonebriar ABF Issuer LLC (B) 8.125 12-15-30   430,000 451,530
Walker & Dunlop, Inc. (B) 6.625 04-01-33   194,000 196,115
Insurance 2.9%      
Acrisure LLC (B) 7.500 11-06-30   899,000 897,891
Acrisure LLC (B) 8.500 06-15-29   263,000 259,377
Alliant Holdings Intermediate LLC (B) 6.750 04-15-28   646,000 651,827
Alliant Holdings Intermediate LLC (B) 7.000 01-15-31   716,000 726,802
Alliant Holdings Intermediate LLC (B) 7.375 10-01-32   260,000 258,671
Allianz SE (6.500% to 4-30-35, then 5 Year CMT + 2.233%) (A)(B) 6.500 10-30-34   1,000,000 1,004,761
American National Group, Inc. (7.000% to 12-1-30, then 5 Year CMT + 3.183%) 7.000 12-01-55   850,000 836,375
Amynta Agency Borrower, Inc. (B) 7.500 07-15-33   31,000 30,071
Ardonagh Group Finance, Ltd. (B) 8.875 02-15-32   176,000 171,635
Asurion LLC (B) 8.000 12-31-32   750,000 782,091
Asurion LLC (B) 8.375 02-01-34   783,000 765,262
Baldwin Insurance Group Holdings LLC (B) 7.125 05-15-31   380,000 381,566
Broadstreet Partners Group LLC (B) 5.875 04-15-29   84,000 83,038
CRC Insurance Group LLC (B) 7.125 06-01-31   926,000 928,607
Global Atlantic Financial Company (7.250% to 3-1-31, then 5 Year CMT + 3.550%) (B) 7.250 03-01-56   175,000 173,976
Global Atlantic Financial Company (7.950% to 10-15-29, then 5 Year CMT + 3.608%) (B) 7.950 10-15-54   1,145,000 1,152,085
Howden UK Refinance PLC (B) 7.250 02-15-31   570,000 564,874
Howden UK Refinance PLC (B) 8.125 02-15-32   21,000 19,421
HUB International, Ltd. (B) 7.375 01-31-32   393,000 402,605
Jones Deslauriers Insurance Management, Inc. (B) 6.875 10-01-33   50,000 46,625
Lincoln National Corp. (9.250% to 3-1-28, then 5 Year CMT + 5.318%) (A)(C) 9.250 12-01-27   220,000 232,535
Nippon Life Insurance Company (6.500% to 4-30-35, then 5 Year CMT + 3.189%) (B) 6.500 04-30-55   575,000 605,335
Peak RE Bvi Holding, Ltd. (5.625% to 2-5-31, then 5 Year CMT + 3.000%) (A) 5.625 11-05-30   200,000 201,097
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(B)(C) 6.500 11-13-26   675,000 613,675
USI, Inc. (B) 7.500 01-15-32   73,000 74,318
Mortgage real estate investment trusts 0.4%      
Blackstone Mortgage Trust, Inc. (B) 7.750 12-01-29   743,000 771,106
Starwood Property Trust, Inc. (B) 5.250 10-15-28   502,000 500,694
Starwood Property Trust, Inc. (B) 5.750 01-15-31   276,000 275,938
Health care 2.7%     10,981,932
Biotechnology 0.0%      
Emergent BioSolutions, Inc. (B) 3.875 08-15-28   53,000 48,186
National Mentor Holdings, Inc. (B) 10.500 12-15-30   196,000 206,325
Health care providers and services 1.7%      
Acadia Healthcare Company, Inc. (B) 7.375 03-15-33   646,000 662,685
Accendra Health, Inc. (B)(C) 4.500 03-31-29   60,000 47,290
Accendra Health, Inc. (B)(C) 6.625 04-01-30   67,000 40,431
AMN Healthcare, Inc. (B) 4.000 04-15-29   236,000 227,832
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 9
  Rate (%) Maturity date   Par value^ Value
Health care (continued)      
Health care providers and services (continued)      
AMN Healthcare, Inc. (B) 6.500 01-15-31   290,000 $291,484
Community Health Systems, Inc. (B) 5.250 05-15-30   566,000 533,369
Community Health Systems, Inc. (B)(C) 6.125 04-01-30   147,000 133,681
Community Health Systems, Inc. (B) 6.875 04-15-29   149,000 147,411
Community Health Systems, Inc. (B) 10.875 01-15-32   235,000 253,211
CVS Health Corp. (7.000% to 3-10-30, then 5 Year CMT + 2.886%) 7.000 03-10-55   475,000 494,909
DaVita, Inc. (B) 4.625 06-01-30   1,063,000 1,032,900
Encompass Health Corp. (B) 5.875 06-01-34   97,000 97,600
LifePoint Health, Inc. (B) 5.375 01-15-29   58,000 56,157
LifePoint Health, Inc. (B) 7.000 05-01-34   240,000 234,350
LifePoint Health, Inc. (B) 10.000 06-01-32   86,000 88,049
MPH Acquisition Holdings LLC (B) 5.750 12-31-30   87,000 70,035
MPH Acquisition Holdings LLC (6.000% Cash and 0.750% PIK) (B) 6.750 03-31-31   87,086 52,248
MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK) (B) 11.500 12-31-30   74,475 68,145
Radiology Partners, Inc. (0.000% Cash and 9.781% PIK) (B) 9.781 02-15-30   94,173 91,578
Raven Acquisition Holdings LLC (B) 6.875 11-15-31   420,000 411,821
Rede D’Or Finance Sarl (B) 6.450 09-09-35   964,000 946,528
Surgery Center Holdings, Inc. (B) 7.250 04-15-32   144,000 144,337
TEAM Services Holding, Inc. (B)(C) 9.000 02-15-33   233,000 234,759
Tenet Healthcare Corp. (B) 6.000 11-15-33   556,000 561,425
Health care technology 0.1%      
AthenaHealth Group, Inc. (B) 6.500 02-15-30   270,000 260,266
Pharmaceuticals 0.9%      
Bausch Health Americas, Inc. (B)(C) 8.500 01-31-27   20,000 19,849
Bausch Health Companies, Inc. (B)(C) 5.000 01-30-28   57,000 48,023
Bausch Health Companies, Inc. (B) 5.250 02-15-31   147,000 83,193
Bausch Health Companies, Inc. (B) 6.250 02-15-29   139,000 99,385
Bausch Health Companies, Inc. (B) 10.000 04-15-32   1,722,000 1,763,013
Bausch Health Companies, Inc. (B)(C) 14.000 10-15-30   50,000 47,578
Endo Finance Holdings LP (B) 8.500 04-15-31   989,000 1,054,092
Organon & Company (B) 5.125 04-30-31   256,000 253,750
Perrigo Finance Unlimited Company 5.150 06-15-30   94,000 90,124
Perrigo Finance Unlimited Company 6.125 09-30-32   90,000 85,913
Industrials 4.1%     16,914,776
Aerospace and defense 0.6%      
Axon Enterprise, Inc. (B) 6.125 03-15-30   243,000 247,684
Carpenter Technology Corp. (B) 5.625 03-01-34   184,000 182,806
TransDigm, Inc. (B) 6.125 07-31-34   472,000 470,048
TransDigm, Inc. (B) 6.750 01-31-34   649,000 665,128
TransDigm, Inc. (B) 7.125 12-01-31   777,000 806,977
Air freight and logistics 0.1%      
Simpar Finance Sarl (B) 10.750 02-12-28 BRL 1,190,000 188,777
Stonepeak Nile Parent LLC (B) 7.250 03-15-32   169,000 176,070
Building products 0.3%      
Builders FirstSource, Inc. (B) 6.750 05-15-35   477,000 481,751
CP Atlas Buyer, Inc. (7.000% Cash and 5.750% PIK) (B)(C) 12.750 01-15-31   60,000 45,046
FXI Holdings, Inc. (B) 11.000 11-15-30   20,000 16,633
JELD-WEN Holding, Inc. (B)(C) 7.000 09-01-32   879,000 539,240
Miter Brands Acquisition Holdco, Inc. (B) 6.750 04-01-32   313,000 307,760
Commercial services and supplies 1.3%      
Albion Financing 1 Sarl (B) 7.000 05-21-30   492,000 507,965
Allied Universal Holdco LLC (B) 6.000 06-01-29   110,000 109,092
Allied Universal Holdco LLC (B) 6.875 06-15-30   1,049,000 1,072,509
Allied Universal Holdco LLC (B) 7.875 02-15-31   756,000 790,398
10 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Commercial services and supplies (continued)      
Cimpress PLC (B) 7.375 09-15-32   137,000 $138,565
Clean Harbors, Inc. (B) 5.750 10-15-33   168,000 168,844
Garda World Security Corp. (B) 8.250 08-01-32   347,000 355,856
Garda World Security Corp. (B) 8.375 11-15-32   250,000 259,027
The Brink’s Company (B) 6.500 06-15-29   179,000 183,449
The GEO Group, Inc. 10.250 04-15-31   1,135,000 1,229,964
VT Topco, Inc. (B)(C) 8.500 08-15-30   538,000 552,508
Construction and engineering 0.3%      
Brand Industrial Services, Inc. (B) 10.375 08-01-30   98,000 86,613
Brundage-Bone Concrete Pumping Holdings, Inc. (B) 7.500 02-01-32   196,000 201,877
Global Infrastructure Solutions, Inc. (B) 5.625 06-01-29   459,000 458,319
Granite Construction, Inc. (B) 6.375 06-15-34   41,000 41,841
IRB Infrastructure Developers, Ltd. 7.110 03-11-32   200,000 204,485
MasTec, Inc. (B) 6.625 08-15-29   160,000 160,270
Electrical equipment 0.3%      
EMRLD Borrower LP (B) 6.625 12-15-30   603,000 616,479
EMRLD Borrower LP (B) 6.750 07-15-31   583,000 602,402
Ground transportation 0.0%      
GB AIT Buyer, Inc. (B) 8.750 04-30-34   48,000 48,039
Watco Companies LLC (B) 7.125 08-01-32   83,000 85,509
Machinery 0.1%      
Columbus McKinnon Corp. (B) 7.125 02-01-33   184,000 186,466
LSF12 Helix Parent LLC (B) 7.125 02-01-33   20,000 19,598
Madison IAQ LLC (B) 5.875 06-30-29   117,000 116,986
Stanley Black & Decker, Inc. (6.707% to 3-15-30, then 5 Year CMT + 2.657%) 6.707 03-15-60   186,000 184,518
Synergy Infrastructure Holdings LLC (B) 7.875 12-01-30   94,000 98,483
Passenger airlines 0.5%      
Garuda Indonesia Persero Tbk PT (6.500% Cash or 7.250% PIK) 6.500 12-28-31   230,908 191,949
JetBlue Airways Corp. (B)(C) 9.875 09-20-31   1,225,000 1,126,806
OneSky Flight LLC (B) 8.875 12-15-29   223,000 235,213
Singapore Airlines, Ltd. 3.375 01-19-29   400,000 387,669
Professional services 0.2%      
Amentum Holdings, Inc. (B) 7.250 08-01-32   176,000 182,184
TriNet Group, Inc. (B) 7.125 08-15-31   680,000 684,273
Trading companies and distributors 0.2%      
Alta Equipment Group, Inc. (B) 9.000 06-01-29   64,000 61,102
Herc Holdings, Inc. (B) 5.750 03-15-31   147,000 146,984
Herc Holdings, Inc. (B) 7.000 06-15-30   489,000 508,107
WESCO Distribution, Inc. (B) 6.375 03-15-33   155,000 159,266
Transportation infrastructure 0.2%      
GMR Hyderabad International Airport, Ltd. 4.250 10-27-27   200,000 197,511
JSW Infrastructure, Ltd. (B) 4.950 01-21-29   200,000 198,634
PODS LLC (B) 8.750 05-15-31   234,000 227,096
Information technology 2.4%     9,875,539
Communications equipment 0.1%      
Cooper-Standard Automotive, Inc. (B) 9.250 03-01-31   117,000 118,316
EchoStar Corp. 10.750 11-30-29   447,000 485,773
Electronic equipment, instruments and components 0.0%      
Zebra Technologies Corp. (B) 6.500 06-01-32   164,000 166,362
IT services 0.3%      
CoreWeave, Inc. (B) 9.000 02-01-31   233,000 236,243
CoreWeave, Inc. (B) 9.250 06-01-30   400,000 408,091
CoreWeave, Inc. (B) 9.750 10-01-31   413,000 425,998
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 11
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Semiconductors and semiconductor equipment 0.5%      
Amkor Technology, Inc. (B) 5.875 10-01-33   144,000 $144,661
Kioxia Holdings Corp. (B) 6.250 07-24-30   906,000 932,809
Qnity Electronics, Inc. (B) 5.750 08-15-32   293,000 294,908
Qnity Electronics, Inc. (B) 6.250 08-15-33   519,000 529,237
Software 1.3%      
Cloud Software Group, Inc. (B) 6.625 08-15-33   253,000 230,278
Cloud Software Group, Inc. (B) 8.250 06-30-32   1,463,000 1,436,313
Cloud Software Group, Inc. (B) 9.000 09-30-29   1,016,000 1,003,931
Consensus Cloud Solutions, Inc. (B) 6.500 10-15-28   320,000 320,442
Core Scientific Finance I LLC (B) 7.750 05-15-31   477,000 487,809
Flash Compute LLC (B) 7.250 12-31-30   189,000 194,846
McAfee Corp. (B) 7.375 02-15-30   236,000 201,807
NCR Voyix Corp. (B) 5.125 04-15-29   15,000 14,687
Rocket Software, Inc. (B) 6.500 02-15-29   70,000 65,473
UKG, Inc. (B) 6.875 02-01-31   1,170,000 1,149,785
WULF Compute LLC (B) 7.750 10-15-30   243,000 255,335
Technology hardware, storage and peripherals 0.2%      
Diebold Nixdorf, Inc. (B) 7.750 03-31-30   53,000 55,447
Seagate Data Storage Technology Pte, Ltd. (B) 9.625 12-01-32   327,800 364,110
Xerox Corp. (B)(C) 10.250 10-15-30   63,000 55,150
Xerox Corp. (B)(C) 13.500 04-15-31   84,000 55,868
Xerox Holdings Corp. (B) 5.500 08-15-28   417,000 241,860
Materials 3.6%     14,844,311
Chemicals 1.0%      
Bond US Bidco 1, Inc. (B) 7.125 06-15-33   200,000 201,564
Celanese US Holdings LLC 7.000 02-15-31   179,000 185,521
Celanese US Holdings LLC 7.375 02-15-34   179,000 186,956
Celanese US Holdings LLC 7.550 11-15-30   243,000 258,474
FMC Corp. 3.450 10-01-29   110,000 100,542
FMC Corp. (C) 5.650 05-18-33   80,000 71,888
FMC Corp. (B) 8.000 06-01-31   196,000 204,828
GC Treasury Center Company, Ltd. (7.125% to 9-10-35, then 5 Year CMT + 3.162% to 9-10-55, then 5 Year CMT + 3.912%) (A) 7.125 03-10-35   200,000 199,096
Huntsman International LLC 4.500 05-01-29   144,000 139,452
INEOS Finance PLC (B) 6.750 05-15-28   240,000 241,481
INEOS Quattro Finance 2 PLC (B) 9.625 03-15-29   67,000 63,952
Mativ Holdings, Inc. (B) 8.000 10-01-29   24,000 23,905
Olympus Water US Holding Corp. (B) 6.750 08-01-32   756,000 738,099
SCIH Salt Holdings, Inc. (B)(C) 6.625 05-01-29   84,000 83,124
Solstice Advanced Materials, Inc. (B) 5.625 09-30-33   280,000 276,825
The Chemours Company (B) 5.750 11-15-28   90,000 89,839
The Chemours Company (B) 8.000 01-15-33   63,000 64,366
Tronox, Inc. (B)(C) 4.625 03-15-29   139,000 110,713
UPL Corp., Ltd. 4.625 06-16-30   200,000 186,041
WR Grace Holdings LLC (B) 5.625 08-15-29   139,000 133,123
WR Grace Holdings LLC (B) 6.625 08-15-32   333,000 330,430
WR Grace Holdings LLC (B) 7.000 08-01-33   273,000 270,808
Construction materials 0.3%      
Quikrete Holdings, Inc. (B) 6.375 03-01-32   169,000 172,087
Quikrete Holdings, Inc. (B) 6.750 03-01-33   250,000 253,593
Standard Building Solutions, Inc. (B) 5.875 03-15-34   196,000 191,101
Standard Industries, Inc. (B) 4.375 07-15-30   487,000 463,824
West China Cement, Ltd. 9.900 12-04-28   200,000 182,802
White Cap Supply Holdings LLC (B) 7.375 11-15-30   77,000 76,738
12 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Materials (continued)      
Containers and packaging 1.2%      
Ardagh Group SA (B) 9.500 12-01-30   800,065 $854,201
Ardagh Group SA (5.500% Cash and 6.500% PIK) (B) 12.000 12-01-30   909,000 844,506
Ardagh Metal Packaging Finance USA LLC (B) 4.000 09-01-29   117,000 110,975
Clydesdale Acquisition Holdings, Inc. (B) 6.750 04-15-32   407,000 391,209
Clydesdale Acquisition Holdings, Inc. (B) 6.875 01-15-30   383,000 376,554
Clydesdale Acquisition Holdings, Inc. (B) 8.750 04-15-30   263,000 252,702
Mauser Packaging Solutions Holding Company (B) 9.250 04-15-30   154,000 147,556
Owens-Brockway Glass Container, Inc. (B)(C) 7.250 05-15-31   1,402,000 1,378,545
Owens-Brockway Glass Container, Inc. (B)(C) 9.500 06-01-33   94,000 96,647
Sword Purchaser LLC (B) 10.500 04-15-34   151,000 157,037
Trident TPI Holdings, Inc. (B) 12.750 12-31-28   73,000 73,583
Trivium Packaging Finance BV (B) 12.250 01-15-31   73,000 80,539
Metals and mining 0.9%      
Amsted Industries, Inc. (B) 6.375 03-15-33   246,000 250,059
Aris Mining Corp. (B) 8.000 10-31-29   200,000 206,075
Champion Iron Canada, Inc. (B) 7.875 07-15-32   184,000 192,612
Cleveland-Cliffs, Inc. (B) 7.000 03-15-32   743,000 751,143
Commercial Metals Company (B) 5.750 11-15-33   144,000 144,108
CSN Islands XI Corp. (B) 6.750 01-28-28   200,000 167,238
CSN Resources SA (B)(C) 4.625 06-10-31   400,000 251,672
JSW Steel, Ltd. (C) 3.950 04-05-27   400,000 395,963
Kaiser Aluminum Corp. (B) 5.875 03-01-34   363,000 361,278
Mineral Resources, Ltd. (B) 6.000 05-01-32   50,000 49,803
Mineral Resources, Ltd. (B) 6.250 05-01-34   50,000 49,704
Novelis Corp. (B) 6.375 08-15-33   387,000 390,772
PLS Group, Ltd. (B) 6.875 05-01-31   24,000 24,622
Skeena Resources, Ltd. (B) 8.500 04-01-31   21,000 22,062
Vedanta Resources Finance II PLC (B) 9.475 07-24-30   200,000 214,418
Vedanta Resources Finance II PLC 10.875 09-17-29   200,000 213,084
Paper and forest products 0.2%      
Magnera Corp. (B) 7.250 11-15-31   926,000 894,472
Real estate 1.5%     6,186,533
Health care REITs 0.2%      
Diversified Healthcare Trust 4.750 02-15-28   63,000 61,577
Diversified Healthcare Trust (B) 7.250 10-15-30   147,000 150,953
MPT Operating Partnership LP 3.500 03-15-31   154,000 110,335
MPT Operating Partnership LP (C) 4.625 08-01-29   104,000 85,026
MPT Operating Partnership LP (C) 5.000 10-15-27   164,000 160,110
MPT Operating Partnership LP (B) 8.500 02-15-32   253,000 263,423
Hotel and resort REITs 0.1%      
Service Properties Trust 3.950 01-15-28   50,000 48,432
Service Properties Trust (C) 4.950 10-01-29   90,000 84,683
Service Properties Trust (B)(E) 5.633 09-30-27   94,000 87,284
Service Properties Trust (B) 8.625 11-15-31   164,000 173,095
Service Properties Trust 8.875 06-15-32   80,000 82,644
Real estate management and development 0.7%      
Agile Group Holdings, Ltd. (D) 6.050 10-13-25   400,000 19,000
Anywhere Real Estate Group LLC (B) 5.250 04-15-30   97,000 93,171
Anywhere Real Estate Group LLC (B) 7.000 04-15-30   340,241 343,173
Anywhere Real Estate Group LLC (B) 9.750 04-15-30   480,000 517,084
China SCE Group Holdings, Ltd. (D) 7.375 04-09-49   200,000 4,500
GLP Pte, Ltd. (4.600% to 6-29-27, then 5 Year CMT + 3.725% to 6-29-32, then 5 Year CMT + 3.975% to 6-29-47, then 5 Year CMT + 4.725%) (A) 4.600 06-29-27   200,000 108,153
Greystar Real Estate Partners LLC (B) 7.750 09-01-30   169,000 175,616
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 13
  Rate (%) Maturity date   Par value^ Value
Real estate (continued)      
Real estate management and development (continued)      
Kennedy-Wilson, Inc. (B) 7.000 06-01-31   169,000 $172,945
Kennedy-Wilson, Inc. (B) 7.250 06-01-33   107,000 108,775
KWG Group Holdings, Ltd. (D) 6.000 01-14-24   237,500 11,281
Longfor Group Holdings, Ltd. 3.950 09-16-29   200,000 167,718
NWD MTN, Ltd. 8.625 02-08-28   200,000 188,602
Pakuwon Jati Tbk PT 4.875 04-29-28   200,000 196,502
RKPF Overseas 2019 A, Ltd. (D) 6.000 03-04-29   176,595 34,358
Seazen Group, Ltd. 11.880 06-26-28   200,000 197,146
Sun Hung Kai & Company BVI, Ltd. 6.750 01-22-29   200,000 198,964
The Howard Hughes Corp. (B) 5.875 03-01-32   144,000 141,486
The Howard Hughes Corp. (B) 6.125 03-01-34   144,000 140,704
Vanke Real Estate Hong Kong Company, Ltd. 3.500 11-12-29   200,000 84,074
Residential REITs 0.1%      
BW Real Estate, Inc. (9.500% to 3-30-30, then 5 Year CMT + 5.402%) (A)(B)(C) 9.500 03-30-30   200,000 201,639
Specialized REITs 0.4%      
GLP Pte, Ltd. (7.865 to 5-17-31, then 5 Year CMT + 3.985% to 5-17-46, then 5 Year CMT + 4.735%) (A) 7.865 11-17-26   200,000 116,417
GLP Pte, Ltd. 9.750 05-20-28   200,000 173,340
Iron Mountain Information Management Services, Inc. (B) 5.000 07-15-32   383,000 369,164
Millrose Properties, Inc. (B) 6.375 08-01-30   246,000 249,387
Outfront Media Capital LLC (B) 7.375 02-15-31   159,000 165,824
Uniti Group LP (B) 6.500 02-15-29   231,000 228,193
Uniti Group LP (B) 8.625 06-15-32   73,000 76,529
Uniti Group LP (B) 8.625 06-15-32   377,000 395,226
Utilities 5.5%     22,629,473
Electric utilities 2.9%      
American Electric Power Company, Inc. (6.950% to 12-15-34, then 5 Year CMT + 2.675%) 6.950 12-15-54   475,000 507,807
Aydem Yenilenebilir Enerji AS (B)(C) 9.875 09-30-30   400,000 396,381
Brookfield Infrastructure Finance ULC (6.750% to 3-15-30, then 5 Year CMT + 2.453%) (C) 6.750 03-15-55   1,118,000 1,132,549
Edison International (8.125% to 6-15-28, then 5 Year CMT + 3.864%) 8.125 06-15-53   485,000 495,291
Emera US Finance LLC (6.850% to 10-1-36, then 5 Year CMT + 2.648%) 6.850 10-01-56   1,000,000 1,013,577
EUSHI Finance, Inc. (7.625% to 12-15-29, then 5 Year CMT + 3.136%) 7.625 12-15-54   367,000 382,218
Eversource Energy (6.350% to 8-15-36, then 5 Year CMT + 2.325%) 6.350 08-15-56   1,200,000 1,202,792
NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) 6.375 08-15-55   230,000 235,443
NRG Energy, Inc. (B) 5.750 01-15-34   952,000 941,654
NRG Energy, Inc. (B) 5.875 05-15-34   717,000 712,492
NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (A)(B) 10.250 03-15-28   520,000 566,997
PG&E Corp. (6.850% to 9-15-31, then 5 Year CMT + 3.225%) 6.850 09-15-56   975,000 971,539
PG&E Corp. (7.375% to 3-15-30, then 5 Year CMT + 3.883%) 7.375 03-15-55   360,000 366,618
Puget Energy, Inc. (7.000% to 9-15-31, then 5 Year CMT + 2.961%) (B) 7.000 09-15-56   1,325,000 1,337,907
TXNM Energy, Inc. (7.000% to 7-31-31, then 5 Year CMT + 3.254%) (B) 7.000 07-31-56   1,250,000 1,262,300
VoltaGrid LLC (B) 7.375 11-01-30   467,000 486,292
Gas utilities 0.7%      
AltaGas, Ltd. (7.200% to 10-15-34, then 5 Year CMT + 3.573%) (B) 7.200 10-15-54   1,619,000 1,687,126
China Oil & Gas Group, Ltd. 7.000 02-04-29   200,000 195,020
Northwest Natural Holding Company (7.000% to 9-15-35, then 5 Year CMT + 2.701%) 7.000 09-15-55   900,000 917,214
Independent power and renewable electricity producers 1.2%      
Alpha Generation LLC (B) 6.250 01-15-34   184,000 182,409
Alpha Generation LLC (B) 6.750 10-15-32   353,000 361,202
Clearway Energy Operating LLC (B) 5.750 01-15-34   233,000 231,397
ContourGlobal Power Holdings SA (B) 6.750 02-28-30   810,000 827,666
Greenko Wind Projects Mauritius, Ltd. 7.250 09-27-28   197,000 198,928
India Clean Energy Holdings (B)(C) 4.500 04-18-27   300,000 294,687
Renew Treasury IFSC Pvt, Ltd. (B) 6.500 02-02-31   200,000 198,684
14 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
  Rate (%) Maturity date   Par value^ Value
Utilities (continued)      
Independent power and renewable electricity producers (continued)      
San Miguel Global Power Holdings Corp. (8.750% to 9-12-29, then 5 Year CMT + 7.732%) (A) 8.750 06-12-29   200,000 $204,415
Talen Energy Supply LLC (B) 6.250 02-01-34   710,000 707,388
The AES Corp. (7.600% to 1-15-30, then 5 Year CMT + 3.201%) 7.600 01-15-55   845,000 861,700
TransAlta Corp. 5.875 02-01-34   144,000 142,380
Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (A)(B) 8.000 10-15-26   320,000 322,572
XPLR Infrastructure Operating Partners LP (B) 7.750 04-15-34   276,000 291,442
Multi-utilities 0.7%      
CenterPoint Energy, Inc. (6.850% to 2-15-35, then 5 Year CMT + 2.946%) 6.850 02-15-55   595,000 625,694
CMS Energy Corp. (6.500% to 6-1-35, then 5 Year CMT + 1.961%) 6.500 06-01-55   667,000 685,578
Dominion Energy, Inc. (6.200% to 2-15-36, then 5 Year CMT + 2.006%) 6.200 02-15-56   700,000 704,327
Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) 7.000 06-01-54   350,000 372,614
Sempra (6.400% to 10-1-34, then 5 Year CMT + 2.632%) 6.400 10-01-54   600,000 605,173
Capital preferred securities 0.1%     $262,348
(Cost $292,200)          
Financials 0.1%     262,348
Insurance 0.1%      
MetLife Capital Trust IV (7.875% to 12-15-37, then 3 month CME Term SOFR + 4.222%) (B) 7.875 12-15-37   240,000 262,348
Term loans (F) 1.0%         $4,321,982
(Cost $4,584,167)          
Communication services 0.0% 143,493
Media 0.0%
Townsquare Media, Inc., 2025 Term Loan (6 month CME Term SOFR + 5.000%) 8.586 02-19-30   196,903 143,493
Consumer discretionary 0.3% 1,138,358
Hotels, restaurants and leisure 0.3%
Dave & Buster’s, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) 6.916 06-29-29   1,276,000 1,138,358
Financials 0.3% 1,502,773
Financial services 0.3%
Edelman Financial Engines Center LLC, 2026 Term Loan B (1 month CME Term SOFR + 4.000%) 7.620 12-01-31   1,201,000 1,201,757
Insurance 0.0%
Amynta Agency Borrower, Inc., 2026 Repriced Term Loan B (1 month CME Term SOFR + 2.500%) 6.120 12-29-31   198,503 197,113
CRC Insurance Group LLC, 2nd Lien Term Loan (3 month CME Term SOFR + 4.750%) 8.450 05-06-32   105,263 103,903
Industrials 0.3% 1,106,150
Commercial services and supplies 0.1%
Garda World Security Corp., 2026 Term Loan B (3 month CME Term SOFR + 2.750%) 6.419 02-01-29   233,850 233,791
Ground transportation 0.2%
GB AIT Buyer, Inc., 2026 Term Loan B (3 month CME Term SOFR + 4.250%) 7.913 04-29-33   871,000 872,359
Information technology 0.1% 418,376
IT services 0.1%
CoreWeave Financing V LLC, Delayed Draw Term Loan (1 month CME Term SOFR + 4.500%) 8.113 11-17-31   410,000 418,376
Materials 0.0% 12,832
Chemicals 0.0%
Trinseo Holding Sarl, 2021 Term Loan B2 (D) 0.000 05-03-28   256,641 12,832
Asset-backed securities 0.0%         $166,530
(Cost $161,420)          
Asset-backed securities 0.0%     166,530
MVW LLC          
Series 2023-1A, Class D (B) 8.830 10-20-40   161,443 166,530
    
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 15
        Shares Value
Common stocks 28.6%         $117,472,454
(Cost $107,525,563)          
Communication services 1.6%     6,573,020
Diversified telecommunication services 1.2%      
Comcast Corp., Class A     53,582 1,332,584
HKT Trust & HKT, Ltd.     638,189 985,950
Swisscom AG     389 332,961
Telenor ASA     36,961 603,684
Verizon Communications, Inc.     34,117 1,631,134
Media 0.3%      
Omnicom Group, Inc.     13,049 948,793
The New York Times Company, Class A     3,833 288,280
Wireless telecommunication services 0.1%      
SoftBank Corp.     332,800 449,634
Consumer discretionary 1.7%     7,041,013
Automobiles 0.8%      
Bayerische Motoren Werke AG     1,235 107,457
Ford Motor Company     120,196 2,096,218
Mercedes-Benz Group AG     17,689 1,074,041
Hotels, restaurants and leisure 0.1%      
McDonald’s Corp.     862 240,670
Household durables 0.3%      
Barratt Redrow PLC     33,701 118,735
Garmin, Ltd.     4,544 1,062,932
Leisure products 0.0%      
Sankyo Company, Ltd.     18,400 186,380
Specialty retail 0.3%      
Best Buy Company, Inc.     3,061 238,605
Lowe’s Companies, Inc.     1,442 309,107
The Home Depot, Inc.     2,156 683,754
The TJX Companies, Inc.     1,047 162,023
Textiles, apparel and luxury goods 0.2%      
LVMH Moet Hennessy Louis Vuitton SE     727 397,631
NIKE, Inc., Class B     7,862 363,460
Consumer staples 2.1%     8,458,935
Beverages 0.4%      
PepsiCo, Inc.     7,936 1,144,292
Pernod Ricard SA     3,065 225,791
The Coca-Cola Company     2,548 201,317
Consumer staples distribution and retail 0.4%      
Kesko OYJ, B Shares     20,287 491,550
Target Corp.     1,885 239,527
Walmart, Inc.     9,238 1,069,299
Food products 0.1%      
Mondelez International, Inc., Class A     3,332 203,818
The Kraft Heinz Company     11,465 275,275
Household products 0.1%      
Kimberly-Clark Corp.     1,871 182,610
The Procter & Gamble Company     2,072 297,456
Personal care products 0.3%      
L’Oreal SA     379 167,233
Unilever PLC     15,151 853,782
16 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
        Shares Value
Consumer staples (continued)      
Tobacco 0.8%      
Altria Group, Inc.     24,067 $1,674,582
British American Tobacco PLC     4,339 268,482
Imperial Brands PLC     22,021 798,518
Philip Morris International, Inc.     2,060 365,403
Energy 2.0%     8,283,096
Oil, gas and consumable fuels 2.0%      
Chevron Corp.     7,460 1,361,152
Enbridge, Inc.     20,157 1,105,919
Eni SpA     16,665 436,007
Equinor ASA     19,961 721,582
Exxon Mobil Corp.     7,613 1,105,864
Gibson Energy, Inc.     10,552 217,752
Keyera Corp.     1,952 80,974
Kinder Morgan, Inc.     28,623 889,603
ONEOK, Inc.     15,715 1,319,117
Pembina Pipeline Corp.     6,460 301,340
TC Energy Corp.     3,734 248,798
The Williams Companies, Inc.     2,647 188,969
Whitecap Resources, Inc.     11,525 132,416
Woodside Energy Group, Ltd.     7,936 173,603
Financials 7.2%     29,801,271
Banks 3.6%      
AIB Group PLC     20,003 235,393
Banco BPM SpA     73,897 1,161,006
Bank of America Corp.     3,738 192,881
Bank of Montreal     1,457 236,656
BOC Hong Kong Holdings, Ltd.     148,984 910,342
CaixaBank SA     43,780 591,099
Canadian Imperial Bank of Commerce     5,462 596,218
First International Bank of Israel, Ltd.     2,788 236,384
HSBC Holdings PLC     12,842 241,150
ING Groep NV     23,981 742,822
Intesa Sanpaolo SpA     90,462 611,348
JPMorgan Chase & Co.     5,011 1,499,842
KBC Group NV     2,546 337,856
Mizrahi Tefahot Bank, Ltd.     9,061 694,285
Oversea-Chinese Banking Corp., Ltd.     57,100 1,048,037
Svenska Handelsbanken AB, A Shares     74,202 1,095,256
Swedbank AB, A Shares     11,155 411,897
The Bank of Nova Scotia     13,838 1,110,332
The Toronto-Dominion Bank     4,531 518,453
U.S. Bancorp     20,951 1,149,162
United Overseas Bank, Ltd.     27,400 807,261
Wells Fargo & Company     4,766 369,556
Capital markets 1.7%      
Aberdeen Group PLC     200,325 667,644
Amundi SA (B)     2,402 234,181
BlackRock, Inc.     404 422,940
Brookfield Asset Management, Ltd., Class A     2,485 120,190
CME Group, Inc.     4,500 1,230,930
IGM Financial, Inc.     12,373 705,054
Morgan Stanley     8,314 1,729,312
S&P Global, Inc.     1,255 532,120
T. Rowe Price Group, Inc.     11,614 1,214,011
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 17
        Shares Value
Financials (continued)      
Capital markets (continued)      
The Goldman Sachs Group, Inc.     222 $227,674
Financial services 0.7%      
Banca Mediolanum SpA     42,993 992,101
Mastercard, Inc., Class A     335 165,483
Mitsubishi HC Capital, Inc.     61,300 501,222
Poste Italiane SpA     10,484 309,602
Unifin Financiera SAB de CV (G)(H)     64,472 0
Visa, Inc., Class A     2,675 873,013
Zenkoku Hosho Company, Ltd.     10,800 201,347
Insurance 1.1%      
Admiral Group PLC     13,345 590,497
American Financial Group, Inc.     11,287 1,465,053
MS&AD Insurance Group Holdings, Inc.     3,000 80,283
The Progressive Corp.     7,739 1,473,506
Zurich Insurance Group AG     1,298 921,760
Mortgage real estate investment trusts 0.1%      
AGNC Investment Corp.     33,248 346,112
Health care 3.3%     13,682,138
Biotechnology 0.0%      
Amgen, Inc.     618 208,136
Health care equipment and supplies 0.3%      
Abbott Laboratories     10,332 884,419
Medtronic PLC     6,265 462,420
Health care providers and services 0.3%      
UnitedHealth Group, Inc.     2,994 1,138,648
Pharmaceuticals 2.7%      
AstraZeneca PLC     2,002 371,700
Bristol-Myers Squibb Company     25,564 1,461,750
Eli Lilly & Company     1,365 1,508,325
GSK PLC     16,336 413,082
Johnson & Johnson     5,506 1,240,667
Merck & Company, Inc.     10,527 1,249,765
Novartis AG     6,884 1,035,423
Novo Nordisk A/S, Class B     12,906 589,741
Pfizer, Inc.     58,533 1,532,394
Roche Holding AG     2,438 1,025,789
Sanofi SA     6,387 559,879
Industrials 3.0%     12,149,910
Aerospace and defense 0.2%      
Carpenter Technology Corp.     836 392,067
Kongsberg Gruppen ASA     3,768 134,974
Rheinmetall AG     78 117,434
RTX Corp.     833 149,657
Air freight and logistics 0.5%      
DHL Group     7,584 451,683
United Parcel Service, Inc., Class B     14,897 1,589,361
Construction and engineering 0.2%      
Comfort Systems USA, Inc.     199 363,814
Kandenko Company, Ltd.     12,100 494,490
Obayashi Corp.     5,800 117,713
Electrical equipment 0.4%      
Eaton Corp. PLC     882 353,329
18 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
        Shares Value
Industrials (continued)      
Electrical equipment (continued)      
Emerson Electric Company     1,935 $278,292
Rockwell Automation, Inc.     460 207,488
Schneider Electric SE     1,277 401,084
Vertiv Holdings Company, Class A     1,079 340,651
Industrial conglomerates 0.3%      
Hitachi, Ltd.     12,200 394,908
Jardine Matheson Holdings, Ltd.     6,600 438,562
Siemens AG     1,197 375,307
Machinery 0.4%      
Amada Company, Ltd.     16,900 318,916
Cummins, Inc.     304 196,576
Komatsu, Ltd.     4,400 179,686
Kongsberg Maritime AS (H)     2,038 12,854
Valmet OYJ     7,765 210,408
VAT Group AG (B)     117 91,352
Volvo AB, B Shares     12,104 426,136
Marine transportation 0.1%      
Kawasaki Kisen Kaisha, Ltd.     13,524 213,910
Kuehne + Nagel International AG     1,224 282,123
Passenger airlines 0.1%      
Exchange Income Corp.     2,968 261,504
Professional services 0.0%      
Paychex, Inc.     1,964 190,469
Trading companies and distributors 0.8%      
Fastenal Company     26,326 1,163,609
ITOCHU Corp.     52,000 628,665
Marubeni Corp.     13,400 438,024
Sumitomo Corp.     21,200 934,864
Information technology 4.3%     17,638,386
Communications equipment 0.1%      
Cisco Systems, Inc.     2,324 279,856
Electronic equipment, instruments and components 0.1%      
Amphenol Corp., Class A     1,686 250,809
Venture Corp., Ltd.     22,510 317,473
IT services 0.7%      
Accenture PLC, Class A     4,229 791,119
Capgemini SE     943 112,033
IBM Corp.     5,382 1,602,760
Obic Company, Ltd.     12,600 317,472
Semiconductors and semiconductor equipment 2.0%      
Advantest Corp.     1,500 245,243
Analog Devices, Inc.     1,574 651,400
Applied Materials, Inc.     2,579 1,160,705
ASML Holding NV     583 942,672
Broadcom, Inc.     752 335,971
Disco Corp.     700 285,624
KLA Corp.     206 395,872
Lam Research Corp.     3,015 959,313
Micron Technology, Inc.     304 295,184
NVIDIA Corp.     3,076 649,467
Qualcomm, Inc.     5,154 1,293,757
Texas Instruments, Inc.     814 248,824
Tokyo Electron, Ltd.     2,600 871,974
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 19
        Shares Value
Information technology (continued)      
Software 1.0%      
Constellation Software, Inc.     119 $243,656
Intuit, Inc.     2,236 741,301
Microsoft Corp.     1,198 539,388
Open Text Corp.     13,902 330,546
Oracle Corp.     5,803 1,310,201
Oracle Corp. Japan     3,900 211,519
SAP SE     3,405 615,945
Technology hardware, storage and peripherals 0.4%      
Apple, Inc.     1,954 609,765
Brother Industries, Ltd.     12,500 294,097
Canon, Inc.     16,600 441,467
Seagate Technology Holdings PLC     333 292,973
Materials 0.7%     2,746,215
Chemicals 0.3%      
Evonik Industries AG     12,154 238,020
Tosoh Corp.     42,500 732,674
Construction materials 0.1%      
Holcim, Ltd. (H)     5,037 495,787
Metals and mining 0.3%      
BHP Group, Ltd.     3,061 136,271
Fortescue, Ltd.     64,285 1,032,472
Rio Tinto PLC     1,045 110,991
Real estate 2.0%     8,146,669
Diversified REITs 0.0%      
Land Securities Group PLC     20,832 175,876
Health care REITs 0.0%      
CareTrust REIT, Inc.     4,710 192,262
Hotel and resort REITs 0.3%      
Invincible Investment Corp.     2,214 851,665
Japan Hotel REIT Investment Corp.     481 231,310
Industrial REITs 0.1%      
Prologis, Inc.     1,514 217,214
Office REITs 0.1%      
Gecina SA     2,843 243,020
Real estate management and development 0.1%      
CK Asset Holdings, Ltd.     25,915 156,465
Sino Land Company, Ltd.     188,631 284,256
Retail REITs 0.7%      
Frasers Centrepoint Trust     251,600 447,723
Link REIT     45,668 235,410
Simon Property Group, Inc.     7,575 1,552,193
SmartCentres Real Estate Investment Trust     27,630 580,798
Specialized REITs 0.7%      
Gaming and Leisure Properties, Inc.     26,254 1,233,150
Public Storage     578 175,533
VICI Properties, Inc.     55,627 1,569,794
Utilities 0.7%     2,951,801
Electric utilities 0.4%      
Duke Energy Corp.     1,876 230,241
Edison International     3,309 231,431
NextEra Energy, Inc.     2,054 178,719
20 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
        Shares Value
Utilities (continued)      
Electric utilities (continued)      
Power Assets Holdings, Ltd.     83,464 $640,025
Redeia Corp. SA     15,209 260,917
The Southern Company     2,030 186,862
Gas utilities 0.2%      
Naturgy Energy Group SA     7,752 256,774
Snam SpA     81,861 598,280
Multi-utilities 0.1%      
National Grid PLC     22,962 368,552
Preferred securities 2.5%         $10,048,382
(Cost $10,306,525)          
Communication services 0.4%     1,491,896
Diversified telecommunication services 0.2%      
AT&T, Inc., 5.350%   28,500 599,070
Wireless telecommunication services 0.2%      
Array Digital Infrastructure, Inc., 5.500%   1,468 24,677
Array Digital Infrastructure, Inc., 6.250%   600 11,400
Telephone & Data Systems, Inc., 6.625%   25,125 552,499
T-Mobile USA, Inc., 6.250%   12,500 304,250
Consumer discretionary 0.0%     119,046
Automobiles 0.0%      
Porsche Automobil Holding SE   3,130 119,046
Energy 0.2%     597,750
Oil, gas and consumable fuels 0.2%      
TransCanada PipeLines, Ltd., 6.250%   25,000 597,750
Financials 0.6%     2,336,618
Banks 0.2%      
Bank of America Corp., 7.250%   100 120,629
Fifth Third Bancorp, 6.875% (6.875% to 10-1-30, then 5 Year CMT + 3.125%)   27,775 723,817
Capital markets 0.2%      
KKR & Company, Inc., 6.250% (C)   19,500 814,320
Financial services 0.1%      
Apollo Global Management, Inc., 7.625% (7.625% to 12-15-28, then 5 Year CMT + 3.226%)   5,975 155,768
Insurance 0.1%      
Athene Holding, Ltd., 7.250% (7.250% to 3-30-29, then 5 Year CMT + 2.986%)   12,171 304,884
F&G Annuities & Life, Inc., 7.300% (C)   10,000 217,200
Industrials 0.0%     171,151
Aerospace and defense 0.0%      
FTAI Aviation, Ltd., 8.250% (8.250% to 6-15-26, then 5 Year CMT + 7.378%) (C)   6,725 171,151
Information technology 0.4%     1,700,162
Software 0.4%      
Oracle Corp., 6.500%   10,500 673,050
Strategy, Inc., 10.000% (C)   14,650 1,027,112
Real estate 0.1%     201,904
Hotel and resort REITs 0.1%      
Pebblebrook Hotel Trust, 6.375%   10,275 201,904
Utilities 0.8%     3,429,855
Electric utilities 0.8%      
NextEra Energy Capital Holdings, Inc., 6.500%   29,000 725,580
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 21
        Shares Value
Utilities (continued)      
Electric utilities (continued)      
NextEra Energy, Inc., 7.299%   5,750 $304,233
PG&E Corp., 6.000%   5,550 224,609
PPL Corp., 7.000%   19,500 934,245
The Southern Company, 4.200% (C)   13,900 235,188
The Southern Company, 7.125%   20,000 1,006,000
    
  Rate (%) Maturity date   Shares Value
Mandatory exchangeable notes 4.4%         $18,097,403
(Cost $17,071,913)          
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Apple, Inc. (Issue Price: $257.98; Cap Price: $283.78) 9.040 04-21-27   3,876 1,082,352
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Apple, Inc. (Issue Price: $277.14; Cap Price: $304.86) 7.760 12-18-26   7,230 2,119,532
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Cisco Systems, Inc. (Issue Price: $96.90; Cap Price: $124.04) 7.030 05-19-27   15,241 1,644,531
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Cummins, Inc. (Issue Price: $681.96; Cap Price: $893.37) 6.640 05-19-27   1,991 1,307,686
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Micron Technology, Inc. (Issue Price: $731.11; Cap Price: $1,352.55) 14.720 05-19-27   1,999 1,666,141
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of NVIDIA Corp. (Issue Price: $181.33; Cap Price: $226.66) 9.560 04-21-27   5,514 1,072,501
Goldman Sachs Bank Mandatory Exchangeable Note, linked to common stock of Texas Instruments, Inc. (Issue Price: $289.74; Cap Price: $391.15) 8.370 05-19-27   5,202 1,531,832
UBS Group AG Mandatory Exchangeable Note, linked to common stock of Broadcom, Inc. (Issue Price: $429.95; Cap Price: $644.93) 7.990 05-19-27   5,020 2,183,850
UBS Group AG Mandatory Exchangeable Note, linked to common stock of Microsoft Corp. (Issue Price: $416.65; Cap Price: $520.81) 5.650 05-19-27   7,658 3,340,348
UBS Group AG Mandatory Exchangeable Note, linked to common stock of NVIDIA Corp. (Issue Price: $183.20; Cap Price: $229.00) 10.050 03-17-27   10,906 2,148,630
    
        Par value^ Value
Escrow certificates 0.0%         $39,425
(Cost $294,500)          
Unifin Financiera SAB de CV (H)   475,000 39,425
    
  Yield* (%) Maturity date   Par value^ Value
Short-term investments 8.7%         $35,589,990
(Cost $35,591,007)          
U.S. Government 1.2%         4,755,172
U.S. Treasury Bill (I) 3.595 07-16-26   2,000,000 1,990,963
U.S. Treasury Bill (I) 3.617 03-18-27   1,000,000 971,101
U.S. Treasury Bill (I) 3.722 07-09-26   1,800,000 1,793,108
    
    Yield (%)   Shares Value
Short-term funds 7.5%         30,834,818
John Hancock Collateral Trust (J) 3.5217(K)   3,083,266 30,834,818
    
Total investments (Cost $410,069,663) 102.4%     $420,300,175
Other assets and liabilities, net (2.4%)       (9,781,031)
Total net assets 100.0%         $410,519,144
    
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.
Currency Abbreviations
BRL Brazilian Real
EUR Euro
    
22 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
ICE Intercontinental Exchange
PIK Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
SOFR Secured Overnight Financing Rate
(A) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(B) This security is 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 $170,106,778 or 41.4% of the fund’s net assets as of 5-31-26.
(C) All or a portion of this security is on loan as of 5-31-26. The value of securities on loan amounted to $13,826,603.
(D) Non-income producing - Issuer is in default.
(E) Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(F) Term loans are variable rate obligations. The rate shown represents the rate at period end.
(G) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(H) Non-income producing security.
(I) All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(J) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $14,181,668.
(K) The rate shown is the annualized seven-day yield as of 5-31-26.
* 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.
The fund had the following country composition as a percentage of net assets on 5-31-26:
United States 69.9%
Canada 5.6%
Japan 3.4%
United Kingdom 2.3%
Hong Kong 2.0%
Luxembourg 1.7%
Switzerland 1.6%
France 1.5%
Germany 1.1%
Italy 1.0%
Other countries 9.9%
TOTAL 100.0%
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 23
DERIVATIVES
WRITTEN OPTIONS
Options on securities
Counterparty (OTC)/
Exchange-
traded 		Name of issuer Currency Exercise
price 		Expiration
date 		Number
of
contracts 		Notional
amount 		Premium Value
Calls              
Exchange-traded iShares MSCI Emerging Markets ETF USD 71.00 Jun 2026 32 3,200 $2,191 $(832)
Exchange-traded iShares MSCI Emerging Markets ETF USD 68.50 Jun 2026 24 2,400 1,871 (4,308)
Exchange-traded iShares MSCI Emerging Markets ETF USD 71.00 Jun 2026 31 3,100 2,666 (3,224)
              $6,728 $(8,364)
Puts
Exchange-traded iShares MSCI Emerging Markets ETF USD 67.50 Jun 2026 50 5,000 $7,144 $(3,625)
Exchange-traded iShares MSCI Emerging Markets ETF USD 68.00 Jun 2026 50 5,000 8,511 (3,900)
Exchange-traded iShares MSCI Emerging Markets ETF USD 65.00 Jun 2026 105 10,500 16,377 (4,883)
Exchange-traded iShares MSCI Emerging Markets ETF USD 68.00 Jun 2026 100 10,000 22,080 (18,250)
              $54,112 $(30,658)
              $60,840 $(39,022)
    
Options on index
Counterparty (OTC)/
Exchange-
traded 		Name of
issuer 		Currency Exercise
price 		Expiration
date 		Number
of
contracts 		Notional
amount 		Premium Value
Calls                
UBS FTSE 100 Index GBP 10,500.00 Jun 2026 13 13 $696 $(650)
UBS FTSE 100 Index GBP 10,500.00 Jun 2026 21 21 1,320 (1,795)
UBS Nikkei 225 Index JPY 65,125.00 Jun 2026 1,912 1,912 6,789 (21,758)
UBS Nikkei 225 Index JPY 63,750.00 Jun 2026 452 452 1,777 (9,261)
UBS Nikkei 225 Index JPY 68,500.00 Jun 2026 655 655 2,241 (3,957)
              $12,823 $(37,421)
Exchange-traded EURO STOXX 50 Index EUR 6,075.00 Jun 2026 21 210 9,856 (10,778)
Exchange-traded EURO STOXX 50 Index EUR 6,000.00 Jun 2026 9 90 5,159 (11,999)
Exchange-traded EURO STOXX 50 Index EUR 6,275.00 Jun 2026 11 110 4,699 (3,483)
Exchange-traded FTSE 100 Index GBP 10,750.00 Jun 2026 1 10 718 (222)
Exchange-traded S&P 500 Index USD 7,575.00 Jun 2026 2 200 9,422 (10,420)
Exchange-traded S&P 500 Index USD 7,575.00 Jun 2026 4 400 22,014 (31,120)
Exchange-traded S&P 500 Index USD 7,700.00 Jun 2026 6 600 22,072 (22,770)
              $73,940 $(90,792)
Puts                
UBS FTSE 100 Index GBP 10,225.00 Jun 2026 13 13 $2,035 $(341)
UBS FTSE 100 Index GBP 10,250.00 Jun 2026 13 13 2,196 (764)
UBS Nikkei 225 Index JPY 62,500.00 Jun 2026 686 686 5,791 (672)
UBS Nikkei 225 Index JPY 61,000.00 Jun 2026 712 712 5,587 (1,243)
UBS Nikkei 225 Index JPY 65,500.00 Jun 2026 666 666 6,725 (6,227)
              $22,334 $(9,247)
Exchange-traded EURO STOXX 50 Index EUR 5,825.00 Jun 2026 9 90 16,084 (567)
Exchange-traded EURO STOXX 50 Index EUR 5,875.00 Jun 2026 9 90 12,075 (971)
Exchange-traded EURO STOXX 50 Index EUR 5,800.00 Jun 2026 9 90 11,680 (1,716)
Exchange-traded EURO STOXX 50 Index EUR 6,100.00 Jun 2026 8 80 10,322 (10,124)
Exchange-traded FTSE 100 Index GBP 10,550.00 Jun 2026 1 10 1,812 (2,731)
Exchange-traded S&P 500 Index USD 7,400.00 Jun 2026 4 400 43,117 (2,960)
Exchange-traded S&P 500 Index USD 7,400.00 Jun 2026 4 400 39,485 (7,820)
Exchange-traded S&P 500 Index USD 7,530.00 Jun 2026 4 400 39,865 (24,040)
              $174,440 $(50,929)
              $283,537 $(188,389)
    
Derivatives Currency Abbreviations
EUR Euro
24 JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
GBP Pound Sterling
JPY Japanese Yen
USD U.S. Dollar
    
Derivatives Abbreviations
OTC Over-the-counter
UBS UBS AG
SEE NOTES TO FUND’S INVESTMENTS JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | QUARTERLY REPORT 25
Notes to Fund’s investments (unaudited)
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund’s valuation designee.
In order to value the securities, the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are valued using evaluated prices obtained from an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.
In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.
The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the values by input classification of the fund’s investments as of May 31, 2026, by major security category or type:
  Total
value at
5-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
         
Investments in securities:        
Assets        
U.S. Government and Agency obligations $222,401 — $222,401 —
Foreign government obligations 3,075,530 — 3,075,530 —
Corporate bonds 231,003,730 — 231,003,730 —
Capital preferred securities 262,348 — 262,348 —
Term loans 4,321,982 — 4,321,982 —
Asset-backed securities 166,530 — 166,530 —
Common stocks 117,472,454 $72,645,946 44,826,508 —
Preferred securities 10,048,382 9,929,336 119,046 —
Mandatory exchangeable notes 18,097,403 — 18,097,403 —
Escrow certificates 39,425 — 39,425 —
Short-term investments 35,589,990 30,834,818 4,755,172 —
Total investments in securities $420,300,175 $113,410,100 $306,890,075 —
Derivatives:        
Liabilities        
Written options $(227,411) $(180,743) $(46,668) —
Level 3 includes securities valued at $0. Refer to Fund’s investments.
Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund’s fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:
26  |   
              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 3,083,266 $6,415,977 $360,146,638 $(335,724,479) $(1,346) $(1,972) $380,133 — $30,834,818
For additional information on the fund’s significant accounting policies and risks, please refer to the fund’s most recent semiannual or annual shareholder report and prospectus.
   |  27