second QuARTeR 2012
Floating Rate Income Fund
TIckeRs Class a: JFIaX Class B: JFIBX Class C: JFIGX Class I: JFIIX Class R6: JFIRX
Floating rate loans — also known as senior bank loans — are extended by banks and
other financial institutions, and are characterized by rates that adjust with the market,
maintaining a fixed spread above a base rate. John Hancock Floating Rate Income Fund
offers investors a simple way to gain exposure to this increasingly important asset class.
A unique way to diversify Less sensitive to experienced fixed-income
your portfolio interest-rate changes management
Floating rate loans are a unique type Floating rate loans are less sensitive Western Asset Management Company
of investment that can improve the to interest-rate fluctuations than (WAMCO) is a leading investment
diversification of your portfolio. They most other fixed-income investments management firm that devotes all of
are typically not highly correlated to because their interest rates reset its resources to fixed income. The firm
other areas of the market, which may every 30 to 90 days. This attractive has managed fixed-income portfolios
help improve the overall risk/reward feature can help to dampen the for a wide variety of global clients for
profile of your portfolio. volatility of your fixed-income over 30 years and manages $3.6 billion
Diversification does not ensure a portfolio, particularly in a rising exclusively in floating rate loan assets as
profit or protect against a loss. interest-rate environment. of June 30, 2012.
Floating rate loans have historically performed well in varying interest-rate environments1
Since the rates on floating rate loans reset often, they are less sensitive to changes in interest rates. This relative stability
has allowed floating rate loans to only have one down year over the past 19 years.
Historical Returns of Floating Rate Loans 1993–20111 Interest Rates2
NOT TO sCalE
12 11.17% 11.01%
8 7.48% 7.33%
6 5.31% 5.60% 5.69%
12/93 12/94 12/95 12/96 12/97 12/98 12/99 12/00 12/01 12/02 12/03 12/04 12/05 12/06 12/07 12/09 12/10 12/11
NOT TO sCalE
source: Morningstar Direct.
Past performance is no guarantee of future results.
1 Floating rate loans are represented by the Credit suisse (Cs) leveraged loan Index. The Cs leveraged loan Index was designed in 1992 to mirror the investable universe of the
U.s. dollar-denominated leveraged loan market. It is not possible to invest in an index.
2 Interest rates are represented by the annualized federal funds rate obtained from The Board of Governors of the Federal Reserve system.
John Hancock Floating Rate Income Fund
John Hancock Floating Rate Income Fund seeks a high level of current income by employing a proven approach to investing
in floating rate loans.
Portfolio management (as of 6/30/12) sector composition (as of 6/30/12)4
Consumer Discretionary 25.13%
Health Care 15.01%
■ among the top fixed-income managers Financials 7.26%
Consumer staples 6.97%
in the world, the team averages over
Information Technology 6.46%
24 years’ experience
Telecommunication services 5.54%
■ Manages $446.5 billion in Utilities 5.49%
fixed-income assets3 Energy 4.97%
■ Eight offices across five continents
Average annual total returns, class A (as of 6/30/12)5
1-year 3-year Life of Fund (1/2/08)
Without sales charge 3.84% 8.99% 4.97%
With 3% max sales charge 0.72% 7.89% 4.26%
s&P/lsTa Performing loan Index6 3.43% 10.26% 5.18%
The Fund’s net annual operating expense ratio as of the current prospectus is 1.20%. The gross annual operating expense ratio of 1.21% is reduced
due to a contractual expense reimbursement, which is in effect until at least 12/31/12 and may be terminated by the Adviser any time after this
date. The Adviser may recapture operating expenses reimbursed subsequent to 1/1/09, for a period of three years following the beginning of the
month in which the reimbursement occurred. expenses for other share classes will vary, which will affect returns. Performance figures assume that
all distributions are reinvested. Performance quoted without sales charges would be reduced if the sales charges were applied.
For performance data current to the most recent month end, contact your financial professional or call John Hancock Funds at 1-800-225-5291.
The performance data contained within this material represents past performance, which does not guarantee future results. The return and
principal value of an investment will fluctuate, so that shares, when redeemed, may be worth more or less than the original cost. The Fund’s
current performance may be higher or lower and is subject to substantial changes.
For more information, contact your financial professional or call John Hancock Mutual Funds at 1-800-225-5291.
3 Based on assets under management as of 6/30/12.
4 listed holdings do not represent all of the holdings in the Fund. Holdings are subject to change at any time and are not recommendations to buy or sell any security. Characteristics are
expressed as a percentage of net assets and exclude cash and cash equivalents.
5 Performance results reflect any expense reductions. Without these reductions, performance would have been less favorable.
6 The s&P/lsTa Performing loan Index is a subset of the s&P/lsTa leveraged loan Index tracking returns in the leveraged loan market and capturing a broad cross-section of the U.s.
leveraged loan market, including dollar-denominated, U.s.-syndicated loans to overseas issuers and excluding those in default. It is not possible to invest directly in an index.
Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if the
creditor is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities involve
additional risks as these securities include a higher risk of default and loss of principal. If the Fund invests in illiquid securities, it may be
difficult to sell them at a price approximating their value. Foreign investing, especially in emerging markets, has additional risks, such as
currency and market volatility and political and social instability. The Fund may invest its assets in a small number of issuers. Performance
could suffer significantly from adverse events affecting these issuers. The distribution rate and income amounts reflect past amounts
distributed and may not be indicative of future rates or income amounts. The distribution amounts paid by the Fund generally depend
on the amount of income and/or dividends received by the Fund’s investments. The Fund may not be able to pay distributions or may
have to reduce its distribution level if the amount of such income and/or dividends received from its investment decline. Therefore,
distribution rates and income amounts can change at any time. For additional information on these and other risk considerations, please
see the Fund’s prospectus.
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, call John Hancock Funds at 1-800-225-5291 or visit our
Web site at www.jhfunds.com. Please read the prospectus carefully before investing or sending money.
John Hancock Funds, LLC
MEMBER FINRa | sIPC
601 Congress street ■ Boston, Ma 02210-2805
1-800-225-5291 ■ 1-800-554-6713 TDD ■ www.jhfunds.com
NOT FDIC INsURED. May lOsE valUE. NO BaNk GUaRaNTEE.
NOT INsURED By aNy GOvERNMENT aGENCy. 328FP 7/12
Visit our Web site at www.jhfunds.com