John Hancock Bond Fund Class A (JHNBX) is an open-end mutual fund that seeks a high level of current income consistent with prudent investment risk by investing at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of bonds. The fund primarily allocates to U.S. bonds (90.85%), including agency mortgage-backed securities (37.29%), corporate bonds (34.77%), government securities (16.99%), asset-backed securities (6.46%), and commercial mortgage-backed securities (1.73%); it also holds non-U.S. bonds (7.22%), cash equivalents, and minimal equity exposure. Top holdings feature U.S. Treasury notes and bonds, such as United States Treasury Notes 4% and United States Treasury Notes 4.25%, representing approximately 12% of the portfolio. Launched on November 9, 1973, the fund is managed by a team from John Hancock Investment Management, a division of Manulife Investment Management (US) LLC, headquartered in Boston, Massachusetts, with a total net asset value of approximately $27.03 billion across share classes and a net expense ratio of 0.76% for Class A shares (which carry a 4% front-end load). The fund operates within the Intermediate Core-Plus Bond category, emphasizing mid credit quality and moderate interest-rate sensitivity, with an effective duration of about 6.27 years and available primarily to U.S. investors. In recent developments, the portfolio management team expanded in April 2025 with the addition of Spencer Godfrey, complementing long-tenured managers Howard Greene (since 2002) and others; additionally, John Hancock closed-end funds (managed by the same group) renewed share repurchase plans in December 2025 to enhance shareholder value, while broader firm initiatives included strategic partnerships like the 2022 launch of the John Hancock Asset-Based Lending Fund subadvised by Marathon Asset Management.