JOHN HANCOCK CORE HIGH YIELD FUND CLASS A (JYIAX) Exchange: NMFQS

DELISTED - Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in corporate debt securities that are rated, at the time of purchase, below investment-grade (debt securities rated Ba and below by Moody's Investors Service, Inc. (Moody's) and BB and below by Standard & Poor's Ratings Services (S&P), and their unrated equivalents, are considered high-yield and junk bonds). Up to 30% of the total assets of the fund may be invested in debt securities of foreign issuers, including those in emerging markets. The fund may also invest up to 10% of its total assets in domestic and foreign equities of any market capitalization range. The fund's investment policies are based on credit ratings at the time of purchase. The fund will invest in high-yield securities that offer the potential for higher returns, as they carry a higher yield to compensate for the higher risk.The manager uses a fundamentally driven research process that focuses on current income and capital appreciation, with the aim of managing for the potential loss of capital. The manager may take into account the credit quality, country of issue, interest rate, liquidity, maturity, and yield of a security as well as other factors, including the fund's duration and prevailing and anticipated market conditions. There is no limit on the fund's average maturity. The corporate debt that the fund invests in includes traditional corporate bonds as well as bank loans (including loan participations). Some bank loans may be illiquid. No more than 10% of the fund's total assets may be invested in securities that are rated in default by Moody's, S&P, and its unrated equivalents. The fund may engage in derivatives transactions that include bond futures, interest-rate futures and swaps, and credit default swaps, in each case for the purpose of reducing risk and/or enhancing investment returns.