200811

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					PORTFOLIO DATE     FUND NAME      CUSIP         SECURITY DESCRIPTION                                 SHARES/PAR MARKET VALUE COUPON RATE MATURITY DATE
      11/30/2008   JH BOND FUND   '00104BAC4'   AES EASTERN ENERGY LP                                     3303249      2972924           9      1/2/2017
      11/30/2008   JH BOND FUND   '018772AJ2'   ALLIANCE ONE INTERNATIONAL, INC.                           890000       667500         8.5     5/15/2012
      11/30/2008   JH BOND FUND   '019645AE0'   ALLIS-CHALMERS ENERGY, INC.                               1270000       736600         8.5      3/1/2017
      11/30/2008   JH BOND FUND   '019736AA5'   ALLISON TRANSMISSION, INC.                                1885000       923650          11     11/1/2015
      11/30/2008   JH BOND FUND   '02209SAC7'   ALTRIA GROUP INC 8.5000% 11/10/2013                       3405000      3418201         8.5    11/10/2013
      11/30/2008   JH BOND FUND   '02209SAE3'   ALTRIA GROUP INC 9.9500% 11/10/2038                       2925000      2897046        9.95    11/10/2038
      11/30/2008   JH BOND FUND   '001669AQ3'   AMC ENTERTAINMENT, INC.                                   2225000      1379500           8      3/1/2014
      11/30/2008   JH BOND FUND   '02364WAH8'   AMERICA MOVIL SA DE CV                                    1595000      1427525        5.75     1/15/2015
      11/30/2008   JH BOND FUND   '025816AY5'   AMERICAN EXPRESS 7% 03/19/2018                            1995000      1729021           7     3/19/2018
      11/30/2008   JH BOND FUND   '0258M0CY3'   AMERICAN EXPRESS CREDIT CORP 7.3000% 8/20/2013            2700000      2560915         7.3     8/20/2013
      11/30/2008   JH BOND FUND   '02635PTS2'   AMERICAN GENERAL FINANCE CORP.                            1735000       716718         6.9    12/15/2017
      11/30/2008   JH BOND FUND   '008684AA0'   AMERICAN HOME MORTGAGE ASSESTS 2006-6 A1A                 2732262      1080511       1.585    12/25/2046
      11/30/2008   JH BOND FUND   '02666QD75'   AMERICAN HONDA FINANCE 7.625% 10/1/2018                   2750000      2792867       7.625     10/1/2018
      11/30/2008   JH BOND FUND   '028740AF5'   AMERICAN PACIFIC CORP.                                    2160000      1879200           9      2/1/2015
      11/30/2008   JH BOND FUND   '03027WAE2'   AMERICAN TOWER TRUST                                      3175000      2772048       5.957     4/15/2037
      11/30/2008   JH BOND FUND   '00210VAB3'   ASG CONSOLIDATED LLC/ASG FINANCE, INC.                    2200000      1881000        11.5     11/1/2011
      11/30/2008   JH BOND FUND   '04626RAB2'   ASTORIA DEPOSITOR CORP.                                   3590000      2656600       8.144      5/1/2021
      11/30/2008   JH BOND FUND   '00206RAP7'   AT&T INC 6.7% 11/15/2013                                  4040000      4022721         6.7    11/15/2013
      11/30/2008   JH BOND FUND   '00206RAN2'   AT&T INC.                                                 1840000      1507893         6.4     5/15/2038
      11/30/2008   JH BOND FUND   '054536AC1'   AXA SA                                                    1170000       578267       6.379    12/14/2049
      11/30/2008   JH BOND FUND   '05947U4D7'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC                  2965000      2176412        5.18     9/10/2047
      11/30/2008   JH BOND FUND   '05950EAC2'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC.                 5400000      4099904       5.711     5/10/2045
      11/30/2008   JH BOND FUND   '059500AD0'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC.                 5260000      3688666       5.889     7/10/2044
      11/30/2008   JH BOND FUND   '058928AL6'   BANC OF AMERICA FUNDING CORP.                             3466847      2580692       5.886     3/20/2036
      11/30/2008   JH BOND FUND   '058933BK7'   BANC OF AMERICA FUNDING CORP.                             2113107       368784       5.942     5/20/2036
      11/30/2008   JH BOND FUND   '05960AAA2'   BANCO MERCANTIL DEL NORTE SA                              2500000      1529440       6.862    10/13/2021
      11/30/2008   JH BOND FUND   '05950WAC2'   BANK OF AMERICA COMMERCIAL MORTGAGE, INC.                 4245000      3147372         5.6     7/10/2046
      11/30/2008   JH BOND FUND   '05954DAG1'   BANK OF AMERICA FUNDING CORP.                             2016664      1326143       5.936      9/1/2047
      11/30/2008   JH BOND FUND   '055381AQ0'   BE AEROSPACE INC. 8.5% 7/1/2018                           1150000       948750         8.5      7/1/2018
      11/30/2008   JH BOND FUND   '07386HSF9'   BEAR STEARNS ALT-A TRUST                                  1165645       351153        5.44     4/25/2035
      11/30/2008   JH BOND FUND   '07388PAN1'   BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES, INC.         2480000       441632       5.412     12/1/2038
      11/30/2008   JH BOND FUND   '073902RU4'   BEAR STEARNS COS., INC. (THE)                             1950000      1974186        7.25      2/1/2018
      11/30/2008   JH BOND FUND   '07401LAQ6'   BEAR STEARNS MORTGAGE FUNDING TRUST FLOAT                 1992702       740217       1.615     8/25/2036
      11/30/2008   JH BOND FUND   '075386AC6'   BEAVER VALLEY FUNDING CORP.                               3200000      3056576           9      6/1/2017
      11/30/2008   JH BOND FUND   '09348TAA6'   BLAZE RECYCLING & METALS, INC.                             970000       756600      10.875     7/15/2012
      11/30/2008   JH BOND FUND   '05565AAB9'   BNP PARIBAS                                                985000       590893       7.195     6/29/2049
      11/30/2008   JH BOND FUND   'BNY112808'   BNY REPO 12/01/08 .20%                                    8236000      8236000         0.2     12/1/2008
      11/30/2008   JH BOND FUND   '10010RAC1'   BOSPHOROUS FINANCIAL SERVICES                             2161250      2092492       3.949     2/15/2012
      11/30/2008   JH BOND FUND   '10138MAH8'   BOTTLING GROUP LLC 6.9500% 3/15/2014                      1455000      1523851        6.95     3/15/2014
      11/30/2008   JH BOND FUND   '118230AE1'   BUCKEYE PARTERNS LP                                       1260000      1037468       5.125      7/1/2017
      11/30/2008   JH BOND FUND   '120568AM2'   BUNGE LTD.                                                2100000      1595206        5.35     4/15/2014
      11/30/2008   JH BOND FUND   '056037AD6'   BVPS II FUNDING CORP.                                     2295000      2343361        8.89      6/1/2017
      11/30/2008   JH BOND FUND   '056039AF7'   BWAY CORP.                                                2115000      1818900          10    10/15/2010
      11/30/2008   JH BOND FUND   '12502CAR2'   CCH II LLC / CCH II CAPITAL CO 10.2500% 10/01/2013        1680000       714000       10.25     10/1/2013
      11/30/2008   JH BOND FUND   '16165TBF9'   CHASEFLEX TRUST                                           2709419      2333487           5     5/25/2020
      11/30/2008   JH BOND FUND   '171232AR2'   CHUBB CORP. (THE)                                          965000       841210        5.75     5/15/2018
      11/30/2008   JH BOND FUND   '17133PAA6'   CHUO MITSUI TRUST & BANKING CO.                           2530000      1741429       5.506    12/15/2049
      11/30/2008   JH BOND FUND   '22944HAA3'   CII CARBON, LLC                                           1835000      1431300      11.125    11/15/2015
      11/30/2008   JH BOND FUND   '171871AE6'   CINCINNATI BELL, INC.                                     1950000      1440563       8.375     1/15/2014
      11/30/2008   JH BOND FUND   '17243RAB7'   CINEMARK, INC.                                             920000       754400           0     3/15/2014
      11/30/2008   JH BOND FUND   '125577AY2'   CIT GROUP, INC.                                            660000       379684        5.65     2/13/2017
      11/30/2008   JH BOND FUND   '125581AH1'   CIT GROUP, INC.                                            445000       265383           5     2/13/2014
      11/30/2008   JH BOND FUND   '125581AK4'   CIT GROUP, INC.                                            575000       335530       5.125     9/30/2014
      11/30/2008   JH BOND FUND   '17309DAD5'   CITIGROUP COMMERCIAL MORTGAGE TRUST                       3350000      2183548       5.724     3/15/2049
      11/30/2008   JH BOND FUND   '172967EP2'   CITIGROUP INC. 6.875% 3/5/2038                            1115000      1035163       6.875      3/5/2038
      11/30/2008   JH BOND FUND   '17307GU22'   CITIGROUP MORTGAGE LOAN TRUST, INC.                       2632591      1382544       5.838    12/25/2035
      11/30/2008   JH BOND FUND   '17307GYT9'   CITIGROUP MORTGAGE LOAN TRUST, INC.                       1563477      1268371           5     8/25/2035
      11/30/2008   JH BOND FUND   '172967ER8'   CITIGROUP, INC.                                           2855000      1685735         8.4     4/29/2049
      11/30/2008   JH BOND FUND   '172967ES6'   CITIGROUP, INC.                                           2685000      2454050       6.125     5/15/2018
      11/30/2008   JH BOND FUND   '12513EAM6'   CITIGROUP/DEUTSCHE BANK COMMERCIAL MORT                   1030000       249434       5.225     7/15/2044
      11/30/2008   JH BOND FUND   '17453BAP6'   CITIZENS COMMUNICATIONS CO.                               1540000      1205050        6.25     1/15/2013
      11/30/2008   JH BOND FUND   '189909AA2'   CMA CGM SA                                                2690000      1237400        7.25      2/1/2013
      11/30/2008   JH BOND FUND   '191219BT0'   COCA-COLA ENTERPRISES 7.375% 3/3/2014                     1750000      1820194       7.375      3/3/2014
      11/30/2008   JH BOND FUND   '00209TAA3'   COMCAST CABLE COMMUNICATIONS HOLDINGS                     1420000      1418344       8.375     3/15/2013
      11/30/2008   JH BOND FUND   '20030NAG6'   COMCAST CORP 4.9500% 6/15/2016                            1470000      1207959        4.95     6/15/2016
      11/30/2008   JH BOND FUND   '201723AJ2'   COMMERCIAL METALS CO 7.35% 8/15/2018                      1295000       930793        7.35     8/15/2018
      11/30/2008   JH BOND FUND   '202795HU7'   COMMONWEALTH EDISON                                       2995000      2610526         5.8     3/15/2018
      11/30/2008   JH BOND FUND   '12543DAF7'   COMMUNITY HEALTH SYSTEMS, INC.                            1405000      1127513       8.875     7/15/2015
      11/30/2008   JH BOND FUND   '210371AK6'   CONSTELLATION ENERGY GROUP INC 4.5500% 6/15/2015          3875000      3083803        4.55     6/15/2015
      11/30/2008   JH BOND FUND   '21075WBF1'   CONTIMORTGAGE HOME EQUITY LOAN TRUST                       291287       247416         8.1     8/15/2025
      11/30/2008   JH BOND FUND   '210805CQ8'   CONTINENTAL AIRLINES, INC.                                 908926       731685       6.545      2/2/2019
      11/30/2008   JH BOND FUND   '210805DF1'   CONTINENTAL AIRLINES, INC.                                1216316       851421       8.307     10/2/2019
      11/30/2008   JH BOND FUND   '210805DL8'   CONTINENTAL AIRLINES, INC.                                 622085       423018       7.033     6/15/2011
      11/30/2008   JH BOND FUND   '02151UAB2'   COUNTRYWIDE ALT LN TR 6.5% 11/25/2037                     5338820      2550957         6.5    11/25/2037
      11/30/2008   JH BOND FUND   '12668BWF6'   COUNTRYWIDE ALTERNATIVE LOAN TRUST                        3544784      1693744         6.5     5/25/2036
      11/30/2008   JH BOND FUND   '22303QAG5'   COVIDIEN INTERNATIONAL FINANCE SA                         1455000      1345996           6    10/15/2017
      11/30/2008   JH BOND FUND   '12626PAJ2'   CRH AMERICA 8.125% 07/15/2018                             1930000      1454958       8.125     7/15/2018
      11/30/2008   JH BOND FUND   '22822RAD2'   CROWN CASTLE TOWERS LLC                                   3455000      2794197       5.612     6/15/2035
      11/30/2008   JH BOND FUND   '22822RAL4'   CROWN CASTLE TOWERS LLC                                   2900000      2005060       6.065    11/15/2036
      11/30/2008   JH BOND FUND   '22822RAM2'   CROWN CASTLE TOWERS LLC                                   5065000      3297323        6.65    11/15/2036
      11/30/2008   JH BOND FUND   '126408GD9'   CSX CORP 5.50% 08/01/2013                                 2625000      2431078         5.5      8/1/2013
      11/30/2008   JH BOND FUND   '126650BH2'   CVS CAREMARK CORP.                                        2140000      1857961        5.75      6/1/2017
      11/30/2008   JH BOND FUND   '126650BK5'   CVS CAREMARK CORP.                                        3635000      1999250       6.302      6/1/2037
      11/30/2008   JH BOND FUND   '233046AA9'   DB MASTER FINANCE LLC                                     4605000      3715084       5.779     6/20/2031
      11/30/2008   JH BOND FUND   '233046AB7'   DB MASTER FINANCE LLC                                     1065000       819858       8.285     6/20/2031
      11/30/2008   JH BOND FUND   '246644AA6'   DELEK & AVNER-YAM TETHYS LTD.                             1038969      1049161       5.326      8/1/2013
      11/30/2008   JH BOND FUND   '247367AY1'   DELTA AIRLINES, INC.                                      2755000      2011150       6.417      7/2/2012
      11/30/2008   JH BOND FUND   '247367BH7'   DELTA AIRLINES, INC.                                      2790784      1758194       6.821     8/10/2022
      11/30/2008   JH BOND FUND   '25380WAA4'   DIGICEL GROUP LTD.                                        2115000      1089225       8.875     1/15/2015
      11/30/2008   JH BOND FUND   '25755TAB6'   DOMINOS PIZZA MASTER ISSUER LLC                           3215000      1977225       7.629     4/25/2037
      11/30/2008   JH BOND FUND   '262277AA4'   DRUMMOND CO., INC.                                        2180000      1199000       7.375     2/15/2016
      11/30/2008   JH BOND FUND   '777774AF7'   DYNEGY-ROSETON DANSKAMME                                  2090000      1490797        7.67     11/8/2016
      11/30/2008   JH BOND FUND   'LN5501750'   EAST VALLEY TOURIST DEVELOPMENT AUTHORITY                  775000       503750      10.311      8/6/2012
      11/30/2008   JH BOND FUND   '278865AH3'   ECOLAB, INC.                                              1905000      1591932       4.875     2/15/2015
      11/30/2008   JH BOND FUND   '293791AW9'   ENTERPRISE PRODUCTS OPERATING LP                          2130000      1107600       7.034     1/15/2068
      11/30/2008   JH BOND FUND   '293791AN9'   ENTERPRISE PRODUCTS OPERATIONS LP                         2760000      2345373         5.6    10/15/2014
      11/30/2008   JH BOND FUND   '26882PBB7'   ERAC USA FINANCE CO.                                      1730000      1211189       6.375    10/15/2017
      11/30/2008   JH BOND FUND   '269077AB9'   ESI TRACTEBEL ACQUISTION CORP.                            2894000      2655245        7.99    12/30/2011
      11/30/2008   JH BOND FUND   '31415LBC0'   FANNIE MAE POOL 5.0000% 5/01/2038                        20976313    21130359            5      5/1/2038
      11/30/2008   JH BOND FUND   '31415LK30'   FANNIE MAE POOL 5.500% 07/01/2038                         6364902      6477034         5.5      7/1/2038
      11/30/2008   JH BOND FUND   '31411S2U9'   FANNIE MAE POOL 5.5000% 4/01/2037                        15828852    16107712          5.5      4/1/2037
      11/30/2008   JH BOND FUND   '31392RYX3'   FEDERAL HOME LOAN MORTGAGE CORP.                          2400633      2440272           6     8/15/2032
      11/30/2008   JH BOND FUND   '3128K6VS6'   FEDERAL HOME LOAN MORTGAGE CORP.                          8356710      8418733           5      7/1/2035
      11/30/2008   JH BOND FUND   '31295WYZ5'   FEDERAL HOME LOAN MORTGAGE CORP.                            29937        34241       11.25      1/1/2016
      11/30/2008   JH BOND FUND   '31297TD75'   FEDERAL HOME LOAN MORTGAGE CORP.                          1009023      1016512           5      9/1/2035
      11/30/2008   JH BOND FUND   '31358ACD0'   FEDERAL NATIONAL MORTGAGE ASSN.                           2020000      1543868           0      2/1/2015
      11/30/2008   JH BOND FUND   '31371NKG9'   FEDERAL NATIONAL MORTGAGE ASSN.                          17696948    18008719          5.5      9/1/2037
      11/30/2008   JH BOND FUND   '31402CPL0'   FEDERAL NATIONAL MORTGAGE ASSN.                           4439408      4481721           5     11/1/2033
      11/30/2008   JH BOND FUND   '31407YXM6'   FEDERAL NATIONAL MORTGAGE ASSN.                          23901803    24367701          5.5      5/1/2035
      11/30/2008   JH BOND FUND   '31408DZL1'   FEDERAL NATIONAL MORTGAGE ASSN.                           7811723      7953005         5.5      1/1/2036
      11/30/2008   JH BOND FUND   '31410WL55'   FEDERAL NATIONAL MORTGAGE ASSN.                          10890991    11082860          5.5      6/1/2037
      11/30/2008   JH BOND FUND   '31411L2S9'   FEDERAL NATIONAL MORTGAGE ASSN.                          15755058    16032618          5.5      2/1/2037
      11/30/2008   JH BOND FUND   '31411UG96'   FEDERAL NATIONAL MORTGAGE ASSN.                           7201010      7327871         5.5      4/1/2037
11/30/2008   JH BOND FUND   '31411WWC7'   FEDERAL NATIONAL MORTGAGE ASSN.                       7579036    7712557      5.5     6/1/2037
11/30/2008   JH BOND FUND   '31411WZP5'   FEDERAL NATIONAL MORTGAGE ASSN.                       4728945    4812256      5.5     5/1/2037
11/30/2008   JH BOND FUND   '31412MDH8'   FEDERAL NATIONAL MORTGAGE ASSN.                      31627927   32377854        6     1/1/2038
11/30/2008   JH BOND FUND   '31412SX75'   FEDERAL NATIONAL MORTGAGE ASSN.                      10378195   10454411        5     3/1/2038
11/30/2008   JH BOND FUND   '32051GBV6'   FIRST HORIZON ALTERNATIVE MORTGAGE SECURITIES         1199445     124841    5.213   12/25/2034
11/30/2008   JH BOND FUND   '32051GX26'   FIRST HORIZON ALTERNATIVE MORTGAGE SECURITIES         1323244      80290    6.139    5/25/2036
11/30/2008   JH BOND FUND   '337738AG3'   FISERV, INC.                                          1690000    1382405      6.8   11/20/2017
11/30/2008   JH BOND FUND   '31414HL47'   FN 966647 5.5% 12/1/37                                9402614    9568261      5.5    12/1/2037
11/30/2008   JH BOND FUND   '31414MBP0'   FN 969946 5% 3/1/2038                                16314453   16434263        5     3/1/2038
11/30/2008   JH BOND FUND   '31414TCM1'   FN 975376 5.5% 06/01/2038                             9063492    9223165      5.5     6/1/2038
11/30/2008   JH BOND FUND   '31412MQN1'   FNMA 929361 5% 05/01/2038                             1002616    1009979        5     5/1/2038
11/30/2008   JH BOND FUND   '34460XAA7'   FONTAINEBLEAU LAS VEGAS                               1825000     237250    10.25    6/15/2015
11/30/2008   JH BOND FUND   '345397VA8'   FORD MOTOR CREDIT CO.                                 1135000     533467    9.875    8/10/2011
11/30/2008   JH BOND FUND   '345397VE0'   FORD MOTOR CREDIT CO., LLC                            2937000    1483361     9.75    9/15/2010
11/30/2008   JH BOND FUND   '3128LDAW4'   FREDDIE MAC GOLD POOL 5.5000% 7/01/2038               4627935    4700247      5.5     7/1/2038
11/30/2008   JH BOND FUND   '3128LDAX2'   FREDDIE MAC GOLD POOL 5.5000% 7/01/2038               4286618    4353596      5.5     7/1/2038
11/30/2008   JH BOND FUND   '312927CY0'   FREDDIE MAC GOLD POOL 6.0000% 8/01/2038              14156300   14482005        6     8/1/2038
11/30/2008   JH BOND FUND   '35671DAS4'   FREEPORT-MCMORAN COPPER & GOLD, INC.                  1360000     965600    8.375     4/1/2017
11/30/2008   JH BOND FUND   '36962G3U6'   GENERAL ELECTRIC CAPITAL CORP.                        1910000    1761114    5.625     5/1/2018
11/30/2008   JH BOND FUND   '370334BF0'   GENERAL MILLS INC 5.20% 03/17/2015                     665000     605021      5.2    3/17/2015
11/30/2008   JH BOND FUND   '37247DAG1'   GENWORTH FINANCIAL, INC.                              1640000     156394     6.15   11/15/2066
11/30/2008   JH BOND FUND   '37945HAD4'   GLOBAL SIGNAL TRUST                                   1425000    1289126    5.093   12/15/2014
11/30/2008   JH BOND FUND   '37945SAG3'   GLOBAL SIGNAL TRUST                                   1850000    1778745    6.495    2/15/2036
11/30/2008   JH BOND FUND   '36246MAG4'   GLOBAL TOWER PARTNERS ACQUISITION PARTNERS LLC         780000     725675     7.05    5/15/2037
11/30/2008   JH BOND FUND   'SPK404GIS'   GM 535 BPS 3/20/09 CDS                               -3000000   -1047004        0    3/20/2009
11/30/2008   JH BOND FUND   '361849YV8'   GMAC COMMERCIAL MORTGAGE SECURITIES, INC.             7495000    6148947    5.499    5/10/2040
11/30/2008   JH BOND FUND   '36185MDQ2'   GMAC MORTGAGE CORP. LOAN TRUST                        2324048    1517760    5.629    4/19/2036
11/30/2008   JH BOND FUND   '38141GEA8'   GOLDMAN SACHS GROUP INC. 5.125% 1/15/2015             3045000    2489403    5.125    1/15/2015
11/30/2008   JH BOND FUND   '38141GFD1'   GOLDMAN SACHS GROUP, INC. (THE)                       1830000    1173178     6.75    10/1/2037
11/30/2008   JH BOND FUND   'SPH403XC '   GOOD YEAR 151 BP 6/20/12 CDS                         -5000000   -1809688     1.51    6/20/2012
11/30/2008   JH BOND FUND   '36220H5J5'   GOVERNMENT NATIONAL MORTGAGE ASSN.                      10443      11994     10.5    1/15/2016
11/30/2008   JH BOND FUND   '36220XM85'   GOVERNMENT NATIONAL MORTGAGE ASSN.                      24766      28896       10    6/15/2020
11/30/2008   JH BOND FUND   '362206SM7'   GOVERNMENT NATIONAL MORTGAGE ASSN.                      10537      12347       10   11/15/2020
11/30/2008   JH BOND FUND   '392484AA9'   GREEKTOWN HOLDINGS, LLC                               1170000     239850    10.75    12/1/2013
11/30/2008   JH BOND FUND   '39538RAC3'   GREENPOINT MORTGAGE FUNDING TRUST                      641302     223338    1.675    6/25/2045
11/30/2008   JH BOND FUND   '39538WCA4'   GREENPOINT MORTGAGE FUNDING TRUST                     2901762     892104    1.755   10/25/2045
11/30/2008   JH BOND FUND   '39538WFK9'   GREENPOINT MORTGAGE FUNDING TRUST                     4761338    1900503    1.765    2/25/2036
11/30/2008   JH BOND FUND   '20173QAK7'   GREENWICH CAPITAL COMMERCIAL FUNDING CORP.            1810000     319154    5.554    2/10/2017
11/30/2008   JH BOND FUND   '20173QAN1'   GREENWICH CAPITAL COMMERCIAL FUNDING CORP.             995000     151629    5.633    2/10/2017
11/30/2008   JH BOND FUND   '3623414F3'   GSR MORTGAGE LOAN TRUST                               5045511    3401845     5.37    1/25/2036
11/30/2008   JH BOND FUND   '36242DBZ5'   GSR MORTGAGE LOAN TRUST                               1737758     649426    4.526    8/25/2034
11/30/2008   JH BOND FUND   '41161PYX5'   HARBORVIEW MORTGAGE LOAN TRUST                        1635866     575947    1.804    1/19/2036
11/30/2008   JH BOND FUND   '41162BAA1'   HARBORVIEW MORTGAGE LOAN TRUST                        3377450    1239530    3.515   12/19/2036
11/30/2008   JH BOND FUND   '42205MAB2'   HBOS PLC                                              2410000    1065774    6.413    9/29/2049
11/30/2008   JH BOND FUND   '42217KAN6'   HEALTH CARE REIT, INC.                                1835000    1214175      6.2     6/1/2016
11/30/2008   JH BOND FUND   '421946AE4'   HEALTHCARE REALTY TRUST, INC.                         1340000    1203360    8.125     5/1/2011
11/30/2008   JH BOND FUND   '440327AJ3'   HORACE MANN EDUCATORS CORP.                           1425000    1584544     6.85    4/15/2016
11/30/2008   JH BOND FUND   '40429UAA0'   HRP MYRTLE BEACH OPERATIONS, LLC,                     1075000     473000        0     4/1/2012
11/30/2008   JH BOND FUND   '40426WAV3'   HRPT PROPERTIES TRUST                                 1070000     687687     6.65    1/15/2018
11/30/2008   JH BOND FUND   '444859AZ5'   HUMANA, INC.                                          2775000    2179898     8.15    6/15/2038
11/30/2008   JH BOND FUND   '451663AC2'   IDEARC, INC.                                          2405000     198413        8   11/15/2016
11/30/2008   JH BOND FUND   '45380RAA3'   INDEPENDENCIA INTERNATIONAL LTD.                      1415000     562463    9.875    1/31/2017
11/30/2008   JH BOND FUND   '45380RAB1'   INDEPENDENCIA INTERNATIONAL LTD.                       450000     178875    9.875    5/15/2015
11/30/2008   JH BOND FUND   '455209AA4'   INDIANAPOLIS DOWNS LLC/                               1135000     539125       11    11/1/2012
11/30/2008   JH BOND FUND   '455665AJ8'   INDIANTOWN COGENERATION LP                             836093     788252     9.26   12/15/2010
11/30/2008   JH BOND FUND   '45660GAN0'   INDYMAC INDEX MORTGAGE LOAN TRUST                     1779713     120350    6.335    8/25/2036
11/30/2008   JH BOND FUND   '45660LGX1'   INDYMAC INDEX MORTGAGE LOAN TRUST                     1648349     231911    5.463    5/25/2035
11/30/2008   JH BOND FUND   '45660N7R0'   INDYMAC INDEX MORTGAGE LOAN TRUST                     1173116     495190    5.296    1/25/2035
11/30/2008   JH BOND FUND   '45687AAA0'   INGERSOLL-RAND GLOBAL HOLDING CO 6.8750% 8/15/2018    2240000    2049266    6.875    8/15/2018
11/30/2008   JH BOND FUND   '459200GL9'   INTERNATIONAL BUSINESS MACHINES 8.0000% 10/15/2038    2395000    2660481        8   10/15/2038
11/30/2008   JH BOND FUND   '460146CA9'   INTERNATIONAL PAPER CO.                               1745000    1369708     7.95    6/15/2018
11/30/2008   JH BOND FUND   '462613AD2'   IPALCO ENTERPRISES, INC.                              1660000    1419300    8.625   11/14/2011
11/30/2008   JH BOND FUND   '46507MAA0'   ISRAEL ELECTRIC CORP. LTD.                            2395000    2147268     7.25    1/15/2019
11/30/2008   JH BOND FUND   '469815AG9'   JACOBS ENTERTAINMENT, INC.                            1970000     906200     9.75    6/15/2014
11/30/2008   JH BOND FUND   '472319AE2'   JEFFERIES GROUP, INC.                                 1115000     749574     6.45     6/8/2027
11/30/2008   JH BOND FUND   '46625YSH7'   JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITY CORP.    2865000    1971810    4.996    8/15/2042
11/30/2008   JH BOND FUND   '46625YUG6'   JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITY CORP.    1646000     395342    5.129   10/15/2042
11/30/2008   JH BOND FUND   '46628FAF8'   JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITY CORP.    3345000    2245356    5.875    4/15/2045
11/30/2008   JH BOND FUND   '46629DAY1'   JP MORGAN MORTGAGE TRUST                              4193083    1095001    5.801    1/25/2037
11/30/2008   JH BOND FUND   '466247B51'   JP MORGAN MORTGAGE TRUST                              3145294    2570296      5.5    1/25/2021
11/30/2008   JH BOND FUND   '466247VJ9'   JP MORGAN MORTGAGE TRUST                              2354029    2137018      6.5    9/25/2035
11/30/2008   JH BOND FUND   '46625HHA1'   JPMORGAN CHASE & CO.                                  2470000    1933615      7.9   12/31/2049
11/30/2008   JH BOND FUND   '494550AS5'   KINDER MORGAN ENERGY PARTNERS L 5.1250% 11/15/2014     980000     819139    5.125   11/15/2014
11/30/2008   JH BOND FUND   '494550AL0'   KINDER MORGAN ENERGY PARTNERS LP                       840000     672179     7.75    3/15/2032
11/30/2008   JH BOND FUND   '50075NAU8'   KRAFT FOODS INC                                       3280000    3023337    6.125     2/1/2018
11/30/2008   JH BOND FUND   '50075NAQ7'   KRAFT FOODS INC 6.0000% 2/11/2013                     2905000    2841776        6    2/11/2013
11/30/2008   JH BOND FUND   '52108RAE2'   LB-UBS COMMERCIAL MORTGAGE TRUST                      3950000    2803279    5.883    6/15/2038
11/30/2008   JH BOND FUND   '525221EN3'   LEHMAN XS TRUST                                       2379449     847224    1.695   12/25/2035
11/30/2008   JH BOND FUND   '525221HB6'   LEHMAN XS TRUST                                       7363147    2384711    1.735    2/25/2046
11/30/2008   JH BOND FUND   '86359DUT2'   LEHMAN XS TRUST                                       3373435    1138596    1.755   11/25/2035
11/30/2008   JH BOND FUND   '53079EAM6'   LIBERTY MUTUAL GROUP                                  3070000    1963572      7.5    8/15/2036
11/30/2008   JH BOND FUND   '53079EAN4'   LIBERTY MUTUAL GROUP                                  2635000    1347618      7.8    3/15/2037
11/30/2008   JH BOND FUND   '534187AU3'   LINCOLN NATIONAL CORP.                                 915000     375150     6.05    4/20/2017
11/30/2008   JH BOND FUND   '537535AA4'   LITTLE TRAVERSE BAY BANDS OF ODAWA INDIANS            2210000    1447550    10.25    2/15/2014
11/30/2008   JH BOND FUND   '55616XAE7'   MACY'S RETAIL HOLDINGS, INC.                          1650000    1116689    7.875    7/15/2015
11/30/2008   JH BOND FUND   '570506AE5'   MARKWEST ENERGY PARTNERS LP                           1835000    1201925      8.5    7/15/2016
11/30/2008   JH BOND FUND   '574754AE7'   MASHANTUCKET WESTERN PEQUOT TRIBE                      395000     150100      8.5   11/15/2015
11/30/2008   JH BOND FUND   '576438AF2'   MASTER ADJUSTABLE RATE MORTGAGES TRUST                3881364    2653304    4.981    2/25/2036
11/30/2008   JH BOND FUND   '582411AF1'   MCMORAN EXPLORATION CO.                               1230000     894825   11.875   11/15/2014
11/30/2008   JH BOND FUND   '59018YN64'   MERRILL LYNCH & CO. 6.875% 4/25/2018                  3375000    3178028    6.875    4/25/2018
11/30/2008   JH BOND FUND   '59023VAA8'   MERRILL LYNCH & CO., INC.                             1770000    1554718     7.75    5/14/2038
11/30/2008   JH BOND FUND   '59023V373'   MERRILL LYNCH & CO., INC.                              100425    1797608        0
11/30/2008   JH BOND FUND   '60687UAE7'   MERRILL LYNCH/COUNTRYWIDE COMMERCIAL MORTGAGE         4535000    3221617    5.909    6/12/2046
11/30/2008   JH BOND FUND   '59832WAF6'   MIDWEST GENERATION LLC                                2809103    2570329     8.56     1/2/2016
11/30/2008   JH BOND FUND   '603420AA8'   MINERVA OVERSEAS LTD.                                 2350000    1145625      9.5     2/1/2017
11/30/2008   JH BOND FUND   '7753426 '    MIZUHO FINANCIAL GROUP CAYMAN LTD.                    2325000    2095616    8.375   12/29/2049
11/30/2008   JH BOND FUND   '59022XAH0'   MLCC MORTGAGE INVESTORS, INC.                         1564759     724928    5.981    9/25/2037
11/30/2008   JH BOND FUND   '59022XAJ6'   MLCC MORTGAGE INVESTORS, INC.                          584910     470230    5.981    9/25/2037
11/30/2008   JH BOND FUND   '59022XAK3'   MLCC MORTGAGE INVESTORS, INC.                          374942     261283    5.981    9/25/2037
11/30/2008   JH BOND FUND   '608328AP5'   MOHEGAN TRIBAL GAMING AUTHORITY                       1050000     593250    7.125    8/15/2014
11/30/2008   JH BOND FUND   '60877UAC1'   MOMENTIVE PERFORMANCE MATERIALS, INC.                 2235000     866063     9.75    12/1/2014
11/30/2008   JH BOND FUND   '6174466Q7'   MORGAN STANLEY                                        3230000    2678852    6.625     4/1/2018
11/30/2008   JH BOND FUND   '617451AF6'   MORGAN STANLEY CAPITAL I                              2680000    1989096     5.23    9/15/2042
11/30/2008   JH BOND FUND   '617451CL1'   MORGAN STANLEY CAPITAL I                              3065000    2232191    5.208   11/14/2042
11/30/2008   JH BOND FUND   '61750WBD4'   MORGAN STANLEY CAPITAL I                              2430000     437847    5.538   12/15/2043
11/30/2008   JH BOND FUND   '61945AAD9'   MOSIAC CO.                                            1780000    1530800    7.625    12/1/2016
11/30/2008   JH BOND FUND   '553769AC4'   MTR GAMING GROUP, INC.                                1525000    1136125     9.75     4/1/2010
11/30/2008   JH BOND FUND   '553769AF7'   MTR GAMING GROUP, INC.                                1090000     599500        9     6/1/2012
11/30/2008   JH BOND FUND   '638620AF1'   NATIONWIDE HEALTH PROPERTIES, INC.                    1745000    1595021      6.5    7/15/2011
11/30/2008   JH BOND FUND   '63872AAA8'   NATIXIS                                               1575000     810075       10    4/30/2049
11/30/2008   JH BOND FUND   '639365AB1'   NAVIOS MARITIME HOLDINGS, INC.                        1975000    1185000      9.5   12/15/2014
11/30/2008   JH BOND FUND   '64031NAB4'   NELNET, INC.                                          2595000     653486      7.4    9/29/2036
11/30/2008   JH BOND FUND   '641423BK3'   NEVADA POWER CO.                                      1725000    1572429    5.875    1/15/2015
11/30/2008   JH BOND FUND   '650111AD9'   NEW YORK TIMES CO. 4.5% 3/15/2010                     2605000    2012587      4.5    3/15/2010
11/30/2008   JH BOND FUND           '652478AQ1'   NEWS AMERICA HOLDINGS, INC.                          2165000    2135924    8.25    8/10/2018
11/30/2008   JH BOND FUND           '65334HAE2'   NEXEN INC 5.875% 03/10/2035                          1500000    1035729   5.875    3/10/2035
11/30/2008   JH BOND FUND           '65332VBH5'   NEXTEL COMMUNICATIONS, INC.                          2365000     993300   6.875   10/31/2013
11/30/2008   JH BOND FUND           '62912XAB0'   NGPL PIPECO LLC                                      2150000    1848228   7.119   12/15/2017
11/30/2008   JH BOND FUND           '65473QAT0'   NISOURCE FINANCE CORP.                               1620000    1180959     6.8    1/15/2019
11/30/2008   JH BOND FUND           '66586GCD7'   NORTHERN TRUST CO/THE 6.5000% 8/15/2018               920000     915314     6.5    8/15/2018
11/30/2008   JH BOND FUND           '667294BE1'   NORTHWEST AIRLINES, INC.                             1660000     946200   7.027    11/1/2019
11/30/2008   JH BOND FUND           '66977TAC0'   NOVA CHEMICALS LTD.                                  1695000     790294   7.875    9/15/2025
11/30/2008   JH BOND FUND           '675022404'   OCEAN SPRAY CRANBERRIES, INC., 6.25%, SER A            23250    2034375       0
11/30/2008   JH BOND FUND           '677240AD5'   OHIO CASUALTY CORP.                                  2330000    2147144     7.3    6/15/2014
11/30/2008   JH BOND FUND           '68233DAS6'   ONCOR ELECTRIC 6.375% 5/1/2012                       3470000    3289223   6.375     5/1/2012
11/30/2008   JH BOND FUND           '68268NAB9'   ONEOK PARTNERS LP                                    3020000    2648978    6.15    10/1/2016
11/30/2008   JH BOND FUND           '713448BJ6'   PEPSICO INC                                          1680000    1874610     7.9    11/1/2018
11/30/2008   JH BOND FUND           '71644EAH5'   PETRO-CANADA                                         1460000    1148416    6.05    5/15/2018
11/30/2008   JH BOND FUND           '718172AA7'   PHILIP MORRIS INTERNATIONAL, INC.                    2905000    2607304    5.65    5/16/2018
11/30/2008   JH BOND FUND           '72650RAT9'   PLAINS ALL AMERICAN PIPELINE L.P. 6.5% 5/1/2018      1290000     991762     6.5     5/1/2018
11/30/2008   JH BOND FUND           '72925PAB1'   PLUM CREEK TIMBER CO., INC.                          1740000    1487679   5.875   11/15/2015
11/30/2008   JH BOND FUND           '693927AC9'   PNPP II FUNDING CORP.                                 183000     190417    9.12    5/30/2016
11/30/2008   JH BOND FUND           '743315AM5'   PROGRESSIVE CORP.                                    1225000     650770     6.7    6/15/2037
11/30/2008   JH BOND FUND           '743410AT9'   PROLOGIS                                             2285000     920409   6.625    5/15/2018
11/30/2008   JH BOND FUND           '743873BA8'   PROVIDENT FUNDING MORTGAGE LOAN TRUST                1585767     508045   4.819    5/25/2035
11/30/2008   JH BOND FUND           '74432QBE4'   PRUDENTIAL FINANCIAL, INC.                           2700000    2405120    5.15    1/15/2013
11/30/2008   JH BOND FUND           '74730UAA3'   QBE CAPITAL FUNDING II LP                            2485000    1739500   6.797     6/1/2049
11/30/2008   JH BOND FUND           '74913GAE5'   QWEST CORP.                                          1620000    1336500   7.875     9/1/2011
11/30/2008   JH BOND FUND           '74955WAH2'   R.H. DONNELLEY CORP 8.875% 10/15/2017                2610000     339300   8.875   10/15/2017
11/30/2008   JH BOND FUND           '749768AA5'   RABOBANK CAPITAL FUND II                             4005000    2587502    5.26   12/29/2049
11/30/2008   JH BOND FUND           '75970NAK3'   RENAISSANCE HOME EQUITY LOAN TRUST                   1086433    1050979   4.499    8/25/2035
11/30/2008   JH BOND FUND           '75970NAL1'   RENAISSANCE HOME EQUITY LOAN TRUST                   2365000    2139543   4.934    8/25/2035
11/30/2008   JH BOND FUND           '74924DAA7'   RESIDENTIAL ACCREDIT LOANS INC 6.5000% 9/25/2037     3500386    1672530     6.5    9/25/2037
11/30/2008   JH BOND FUND           '761118NC8'   RESIDENTIAL ACCREDIT LOANS, INC.                     2397417    1574123   5.957   12/25/2035
11/30/2008   JH BOND FUND           '74925GAA9'   RESIDENTIAL ACCREDIT LOANS, INC. 7%                  2907145    1478103       7   10/25/2037
11/30/2008   JH BOND FUND           '76113NAG8'   RESIDENTIAL ASSET SECURITIZATION TRUST               3847597    1838432     6.5    7/25/2036
11/30/2008   JH BOND FUND           '761713AD8'   REYNOLDS AMERICAN, INC.                              1535000    1332641    7.25     6/1/2013
11/30/2008   JH BOND FUND           '767201AC0'   RIO TINTO FINANCE (USA) LTD.                         1855000    1274854     6.5    7/15/2018
11/30/2008   JH BOND FUND           '77509NAP8'   ROGERS CABLE, INC.                                   1595000    1489277    6.75    3/15/2015
11/30/2008   JH BOND FUND           '780097AU5'   ROYAL BANK OF SCOTLAND GROUP PLC                     1400000     676397    7.64    3/31/2049
11/30/2008   JH BOND FUND           '780097AH4'   ROYAL BANK OF SCOTLAND GROUP PLC                     3210000    1693240   7.648    8/29/2049
11/30/2008   JH BOND FUND           '78572MAF2'   SABMILLER PLC 6.50% 07/15/2018                       1850000    1642208     6.5    7/15/2018
11/30/2008   JH BOND FUND           '795770AN6'   SALTON SEA FUNDING CORP.                             1277269    1371518   7.475   11/30/2018
11/30/2008   JH BOND FUND           '80585BAD2'   SBA CMBS TRUST                                        850000     589824   6.219   11/15/2035
11/30/2008   JH BOND FUND           '80585BAE0'   SBA CMBS TRUST                                        795000     539726   6.706   11/15/2035
11/30/2008   JH BOND FUND           '80585BAT7'   SBA CMBS TRUST                                       1373000    1308050   7.389   11/15/2036
11/30/2008   JH BOND FUND           '80585BAU4'   SBA CMBS TRUST                                        850000     776820   7.825   11/15/2036
11/30/2008   JH BOND FUND           '81683RAC8'   SEMINOLE TRIBE OF FLORIDA                            2260000    2351101   6.535    10/1/2020
11/30/2008   JH BOND FUND           '816851AL3'   SEMPRA ENERGY 8.9% 11/15/2013                        1465000    1453280     8.9   11/15/2013
11/30/2008   JH BOND FUND           '827065AB9'   SILICON VALLEY BANK                                  2335000    1963810    6.05     6/1/2017
11/30/2008   JH BOND FUND           '828807BF3'   SIMON PROPERTY GROUP LP                              2520000    1905322   5.625    8/15/2014
11/30/2008   JH BOND FUND           '78442FEH7'   SLM CORP.                                            2170000    1573892    8.45    6/15/2018
11/30/2008   JH BOND FUND           '78454AAA2'   SMFG PREFERRED CAPITAL                               2215000    1533865   6.078    1/25/2049
11/30/2008   JH BOND FUND           '83272AAC8'   SMURFIT-STONE CONTAINER ENERPRISES, INC.             2060000     545900       8    3/15/2017
11/30/2008   JH BOND FUND           '835898AD9'   SOTHEBY'S                                            1745000     715450    7.75    6/15/2015
11/30/2008   JH BOND FUND           '844030AH9'   SOUTHERN UNION CO.                                   2165000    1198654     7.2    11/1/2066
11/30/2008   JH BOND FUND           '84604BAA7'   SOVEREIGN CAPITAL TRUST VI                           1840000    1090938   7.908    6/13/2036
11/30/2008   JH BOND FUND           '84755TAA5'   SPECTRA ENERGY CAPITAL LLC                           1440000    1240307     6.2    4/15/2018
11/30/2008   JH BOND FUND           '85590AAK0'   STARWOOD HOTELS & RESORTS WORLDWIDE, INC.            1770000    1239000    6.25    2/15/2013
11/30/2008   JH BOND FUND           '858903AL1'   STERLING CHEMICALS, INC. 10.25 4/1/2015              1555000    1492800   10.25     4/1/2015
11/30/2008   JH BOND FUND           '86359AMY6'   STRUCTURED ASSET FLOAT 3/25/2033                     2513574    1908513   5.265    3/25/2033
11/30/2008   JH BOND FUND           '87151QAB2'   SYMETRA FINANCIAL CORP.                              1660000     964980     8.3   10/15/2037
11/30/2008   JH BOND FUND           '87612BAA0'   TARGA RESOURCES PARTNERS 8.250% 07/01/2016           1345000     874250    8.25     7/1/2016
11/30/2008   JH BOND FUND           '879240AN9'   TCI COMMUNICATIONS, INC.                             1655000    1702805     9.8     2/1/2012
11/30/2008   JH BOND FUND           '87875UAB8'   TECO FINANCE, INC.                                   1166000    1085719       7     5/1/2012
11/30/2008   JH BOND FUND           '87875UAH5'   TECO FINANCE, INC.                                    839000     684070   6.572    11/1/2017
11/30/2008   JH BOND FUND           '87927VAV0'   TELECOM ITALIA CAPITAL SA                            2860000    2030600   7.721     6/4/2038
11/30/2008   JH BOND FUND           '879433878'   TELEPHONE & DATA SYSTEMS, INC., 7.60%, SER A           81000    1119420       0
11/30/2008   JH BOND FUND           '880349AH8'   TENNECO, INC.                                        2280000     843600   8.625   11/15/2014
11/30/2008   JH BOND FUND           '872384AC6'   TEPPCO PARTNERS LP                                   2640000    1330927       7     6/1/2067
11/30/2008   JH BOND FUND           '882330AA1'   TEXAS COMPETITIVE ELECTRIC HOLDINGS CO. LLC          2265000    1449600   10.25    11/1/2015
11/30/2008   JH BOND FUND           '88732JAP3'   TIME WARNER CABLE INC 8.7500% 2/14/2019              1205000    1183792    8.75    2/14/2019
11/30/2008   JH BOND FUND           '88732JAL2'   TIME WARNER CABLE, INC.                              2235000    1960175    6.75     7/1/2018
11/30/2008   JH BOND FUND           '88731EAF7'   TIME WARNER ENTERTAINMENT CO., LP                    1705000    1587266   8.375    3/15/2023
11/30/2008   JH BOND FUND           '90041NAA9'   TURNING STONE RESORT & CASINO                        1985000    1508600   9.125    9/15/2014
11/30/2008   JH BOND FUND           '902133AF4'   TYCO ELECTRONICS GROUP SA                             970000     839722    6.55    10/1/2017
11/30/2008   JH BOND FUND           'EG4565529'   U.S. CORRUGATED, INC.                                 605000     302500      10     6/1/2013
11/30/2008   JH BOND FUND           '90347XAB6'   UCAR FINANCE, INC.                                    238000     217770   10.25    2/15/2012
11/30/2008   JH BOND FUND           '911365AQ7'   UNITED RENTALS NORTH AM 7% 02/15/2014                 390000     222300       7    2/15/2014
11/30/2008   JH BOND FUND           '911365AL8'   UNITED RENTALS NORTH AM 7.75% 11/15/2013              485000     291000    7.75   11/15/2013
11/30/2008   JH BOND FUND           '912828JR2'   UNITED STATES TREAS NTS 3.7500% 11/15/2018          13765000   14691990    3.75   11/15/2018
11/30/2008   JH BOND FUND           '912828HZ6'   UNITED STATES TREASURY                               6562000    7083371   3.875    5/15/2018
11/30/2008   JH BOND FUND           '91324PBA9'   UNITEDHEALTH GROUP, INC.                             1090000    1038840     5.5   11/15/2012
11/30/2008   JH BOND FUND           '912810PW2'   US TREASURY N/B 4.375% 02/15/2038                    3740000    4332850   4.375    2/15/2038
11/30/2008   JH BOND FUND           '903312AA4'   USB REALTY CORP.                                     2900000    1305000   6.091   12/22/2049
11/30/2008   JH BOND FUND           '92241TAE2'   VEDANTA RESOURCES PLC 8.7500% 1/15/2014              1445000     753206    8.75    1/15/2014
11/30/2008   JH BOND FUND           '92343VAP9'   VERIZON COMMUNICATIONS, INC.                         1545000    1290197     6.9    4/15/2038
11/30/2008   JH BOND FUND           '92344SAH3'   VERIZON WIRELESS 7.375% 11/15/2013                   1470000    1456355   7.375   11/15/2013
11/30/2008   JH BOND FUND           '92344SAG5'   VERIZON WIRELESS 8.5% 11/15/2018                     2940000    2966422     8.5   11/15/2018
11/30/2008   JH BOND FUND           '92531XAC6'   VERSO PAPER HOLDINGS LLC                             1695000     813600   9.125     8/1/2014
11/30/2008   JH BOND FUND           '927804FG4'   VIRGINIA ELEC & POWER 8.875% 11/15/2038              1200000    1303642   8.875   11/15/2038
11/30/2008   JH BOND FUND           '92976GAG6'   WACHOVIA BANK NA 5.85% 2/1/2037                      1665000    1360708    5.85     2/1/2037
11/30/2008   JH BOND FUND           '92976GAJ0'   WACHOVIA BANK NA 6.6% 01/15/2038                      635000     544556     6.6    1/15/2038
11/30/2008   JH BOND FUND           '92922FX86'   WASHINGTON MUTUAL ALTERNATIVE LOAN TRUST             1531423    1038018     6.5    8/25/2035
11/30/2008   JH BOND FUND           '92922F4Y1'   WASHINGTON MUTUAL, INC.                              4067866    1016966   1.995   10/25/2045
11/30/2008   JH BOND FUND           '92925CBE1'   WASHINGTON MUTUAL, INC.                              1155398     469930   1.745   12/25/2045
11/30/2008   JH BOND FUND           '92925CBL5'   WASHINGTON MUTUAL, INC.                              2369613     592403   2.095   12/25/2045
11/30/2008   JH BOND FUND           '93934FPP1'   WASHINGTON MUTUAL, INC.                              2913190     946787   3.605    5/25/2046
11/30/2008   JH BOND FUND           '93935PAW9'   WASHINGTON MUTUAL, INC.                              2118454     176056   6.205    2/25/2037
11/30/2008   JH BOND FUND           '92922FJ74'   WASHINGTON MUTUAL, INC.                              4566301     684945   1.995    4/25/2045
11/30/2008   JH BOND FUND           '928958AA5'   WATERFORD 3 FUNDING CORP.                            2254342    2376437    8.09     1/2/2017
11/30/2008   JH BOND FUND           '941388AH3'   WATERFORD GAMING, LLC                                1207000    1140615   8.625    9/15/2014
11/30/2008   JH BOND FUND           '94985AAC3'   WELLS FARGO MORTGAGE BACKED SECURITES TRUST          4585889    1792519    5.66   10/25/2036
11/30/2008   JH BOND FUND           '952355AF2'   WEST CORP.                                           2695000    1158850      11   10/15/2016
11/30/2008   JH BOND FUND           '983024AA8'   WYETH                                                 925000     911083     5.5    3/15/2013
11/30/2008   JH BOND FUND           '984121BQ5'   XEROX CORP.                                          2204000    1597900    6.75     2/1/2017
11/30/2008   JH BOND FUND           '98375NAA8'   XM SATELLITE RADIO HOLDINGS 13% 8/1/2013             2100000     535500      13     8/1/2013
11/30/2008   JH BOND FUND           '984756AB2'   YANKEE ACQUISITION CORP.                             2005000     932325     8.5    2/15/2015
11/30/2008   JH GOVERNMENT INCOME   '05954DAG1'   BANK OF AMERICA FUNDING CORP.                         801806     527262   5.936     9/1/2047
11/30/2008   JH GOVERNMENT INCOME   '07401LAQ6'   BEAR STEARNS MORTGAGE FUNDING TRUST FLOAT             882379     327772   1.615    8/25/2036
11/30/2008   JH GOVERNMENT INCOME   'BNY112808'   BNY REPO 12/01/08 .20%                              15741000   15741000     0.2    12/1/2008
11/30/2008   JH GOVERNMENT INCOME   '02151UAB2'   COUNTRYWIDE ALT LN TR 6.5% 11/25/2037                2427144    1159721     6.5   11/25/2037
11/30/2008   JH GOVERNMENT INCOME   '31359M5Z2'   FANNIE MAE 4.75% 3/12/2010                           5000000    5168106    4.75    3/12/2010
11/30/2008   JH GOVERNMENT INCOME   '31359M4D2'   FANNIE MAE 5% 2/13/2017                             13000000   13629533       5    2/13/2017
11/30/2008   JH GOVERNMENT INCOME   '3133XHZK1'   FEDERAL HOME LOAN BANK 4.75% 12/16/2016             12000000   12436663    4.75   12/16/2016
11/30/2008   JH GOVERNMENT INCOME   '3137EAAD1'   FEDERAL HOME LOAN MORTGAGE CORP 5.2500% 4/18/2016   12000000   12927246    5.25    4/18/2016
11/30/2008   JH GOVERNMENT INCOME   '31392RYX3'   FEDERAL HOME LOAN MORTGAGE CORP.                     4309933    4381099       6    8/15/2032
11/30/2008   JH GOVERNMENT INCOME   '313401VL2'   FEDERAL HOME LOAN MORTGAGE CORP.                      412049     467286     9.5     8/1/2016
11/30/2008   JH GOVERNMENT INCOME   '3128M45F6'   FEDERAL HOME LOAN MORTGAGE CORP.                       531438     543831        6     5/1/2037
11/30/2008   JH GOVERNMENT INCOME   '3128M5AN0'   FEDERAL HOME LOAN MORTGAGE CORP.                      9909328   10138869        6     8/1/2037
11/30/2008   JH GOVERNMENT INCOME   '312968SH4'   FEDERAL HOME LOAN MORTGAGE CORP.                       199931     205699      7.5    11/1/2012
11/30/2008   JH GOVERNMENT INCOME   '312972HY1'   FEDERAL HOME LOAN MORTGAGE CORP.                       835900     853631      5.5    10/1/2019
11/30/2008   JH GOVERNMENT INCOME   '31405LX61'   FEDERAL NATIONAL MORTGAGE ASSN                         189605     198275      7.5     1/1/2015
11/30/2008   JH GOVERNMENT INCOME   '31408DAY0'   FEDERAL NATIONAL MORTGAGE ASSN.                       5682972    5795521      5.5    11/1/2020
11/30/2008   JH GOVERNMENT INCOME   '31409GML7'   FEDERAL NATIONAL MORTGAGE ASSN.                       3883282    3996139      6.5     7/1/2036
11/30/2008   JH GOVERNMENT INCOME   '31410TBJ3'   FEDERAL NATIONAL MORTGAGE ASSN.                       5615920    5750834        6     9/1/2036
11/30/2008   JH GOVERNMENT INCOME   '31410UHR6'   FEDERAL NATIONAL MORTGAGE ASSN.                       6645433    6762507      5.5     5/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31402CPL0'   FEDERAL NATIONAL MORTGAGE ASSN.                      12349678   12467386        5    11/1/2033
11/30/2008   JH GOVERNMENT INCOME   '31371EYH2'   FEDERAL NATIONAL MORTGAGE ASSN.                         15273      16580      8.5     9/1/2024
11/30/2008   JH GOVERNMENT INCOME   '31371NKG9'   FEDERAL NATIONAL MORTGAGE ASSN.                       7179478    7305961      5.5     9/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31373TW22'   FEDERAL NATIONAL MORTGAGE ASSN.                          6680       6752        9     2/1/2010
11/30/2008   JH GOVERNMENT INCOME   '31368HJL8'   FEDERAL NATIONAL MORTGAGE ASSN.                        201409     218707      8.5    10/1/2024
11/30/2008   JH GOVERNMENT INCOME   '31359GCY0'   FEDERAL NATIONAL MORTGAGE ASSN.                       5032000    5244552      6.5   12/25/2023
11/30/2008   JH GOVERNMENT INCOME   '31411EKT3'   FEDERAL NATIONAL MORTGAGE ASSN.                       9047249    9206636      5.5     1/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31411GQH8'   FEDERAL NATIONAL MORTGAGE ASSN.                       7753277    7978607      6.5     2/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31411L2S9'   FEDERAL NATIONAL MORTGAGE ASSN.                      18505279   18831290      5.5     2/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31412LJ92'   FEDERAL NATIONAL MORTGAGE ASSN.                       9534028    9701991      5.5     4/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31412LRY8'   FEDERAL NATIONAL MORTGAGE ASSN.                       9064310    9327741      6.5     7/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31412MDH8'   FEDERAL NATIONAL MORTGAGE ASSN.                       9024222    9238194        6     1/1/2038
11/30/2008   JH GOVERNMENT INCOME   '31412V3B2'   FEDERAL NATIONAL MORTGAGE ASSN.                       9433408    9599598      5.5     6/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31412XJG0'   FEDERAL NATIONAL MORTGAGE ASSN.                       9291462    9455151      5.5     6/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31413DFE2'   FEDERAL NATIONAL MORTGAGE ASSN.                       2973865    3044378        6     7/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31413DL54'   FEDERAL NATIONAL MORTGAGE ASSN.                       3074377    3163726      6.5     8/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31410WL55'   FEDERAL NATIONAL MORTGAGE ASSN.                       7383723    7513803      5.5     6/1/2037
11/30/2008   JH GOVERNMENT INCOME   '31413MHQ3'   FH 949439 5% 5/1/2023                                20408749   20652696        5     5/1/2023
11/30/2008   JH GOVERNMENT INCOME   '3133XNHZ5'   FHLB 3.625% 12/17/2010                                5000000    5107575    3.625   12/17/2010
11/30/2008   JH GOVERNMENT INCOME   '31414TCM1'   FN 975376 5.5% 06/01/2038                            18299294   18621676      5.5     6/1/2038
11/30/2008   JH GOVERNMENT INCOME   '31415QAP1'   FN 985714 5% 6/1/2023                                13014009   13169567        5     6/1/2023
11/30/2008   JH GOVERNMENT INCOME   '31415WMT7'   FNMA 991470 5.5% 10/1/2038                            3995456    4065845      5.5    10/1/2038
11/30/2008   JH GOVERNMENT INCOME   '3137EABL2'   FREDDIE MAC 2.875% 6/28/2010                         10000000   10074210    2.875    6/28/2010
11/30/2008   JH GOVERNMENT INCOME   '36210YWZ4'   GOVERNMENT NATIONAL MORTGAGE ASSN.                     916635     951367        7    5/15/2029
11/30/2008   JH GOVERNMENT INCOME   '36214QT32'   GOVERNMENT NATIONAL MORTGAGE ASSN.                      51211      57509       11    1/15/2014
11/30/2008   JH GOVERNMENT INCOME   '362152MT4'   GOVERNMENT NATIONAL MORTGAGE ASSN.                     295118     339590       11   12/15/2015
11/30/2008   JH GOVERNMENT INCOME   '36225A2A7'   GOVERNMENT NATIONAL MORTGAGE ASSN.                     206763     207218      7.5    4/15/2013
11/30/2008   JH GOVERNMENT INCOME   '39538RAC3'   GREENPOINT MORTGAGE FUNDING TRUST                      248071      86393    1.675    6/25/2045
11/30/2008   JH GOVERNMENT INCOME   '39538WCA4'   GREENPOINT MORTGAGE FUNDING TRUST                     1128554     346957    1.755   10/25/2045
11/30/2008   JH GOVERNMENT INCOME   '39538WFK9'   GREENPOINT MORTGAGE FUNDING TRUST                     1848607     737877    1.765    2/25/2036
11/30/2008   JH GOVERNMENT INCOME   '41161PYX5'   HARBORVIEW MORTGAGE LOAN TRUST                         634526     223400    1.804    1/19/2036
11/30/2008   JH GOVERNMENT INCOME   '41162BAA1'   HARBORVIEW MORTGAGE LOAN TRUST                        1312896     481835    3.515   12/19/2036
11/30/2008   JH GOVERNMENT INCOME   '525221EN3'   LEHMAN XS TRUST                                        919499     327396    1.695   12/25/2035
11/30/2008   JH GOVERNMENT INCOME   '525221HB6'   LEHMAN XS TRUST                                       2950047     955435    1.735    2/25/2046
11/30/2008   JH GOVERNMENT INCOME   '86359DUT2'   LEHMAN XS TRUST                                       1412446     476726    1.755   11/25/2035
11/30/2008   JH GOVERNMENT INCOME   '74924DAA7'   RESIDENTIAL ACCREDIT LOANS INC 6.5000% 9/25/2037      1415238     676219      6.5    9/25/2037
11/30/2008   JH GOVERNMENT INCOME   '74925GAA9'   RESIDENTIAL ACCREDIT LOANS, INC. 7%                   1183748     601862        7   10/25/2037
11/30/2008   JH GOVERNMENT INCOME   '76113NAG8'   RESIDENTIAL ASSET SECURITIZATION TRUST                1443309     689632      6.5    7/25/2036
11/30/2008   JH GOVERNMENT INCOME   '912810FH6'   TSY INFL IX 3.875% 4/15/2029                          1563819    1724233    3.875    4/15/2029
11/30/2008   JH GOVERNMENT INCOME   '912828JH4'   UNITED STATES TREAS NTS 4.0000% 8/15/2018            15000000   16352340        4    8/15/2018
11/30/2008   JH GOVERNMENT INCOME   '912810EB0'   UNITED STATES TREASURY                                5000000    7371875        9   11/15/2018
11/30/2008   JH GOVERNMENT INCOME   '912810EG9'   UNITED STATES TREASURY                                6065000    8960091     8.75    8/15/2020
11/30/2008   JH GOVERNMENT INCOME   '912810PU6'   UNITED STATES TREASURY                                6310000    7951584        5    5/15/2037
11/30/2008   JH GOVERNMENT INCOME   '9128275G3'   UNITED STATES TREASURY                                2700000    2759908      5.5    5/15/2009
11/30/2008   JH GOVERNMENT INCOME   '912828BD1'   UNITED STATES TREASURY                               10721340    9695276    1.875    7/15/2013
11/30/2008   JH GOVERNMENT INCOME   '912828FB1'   UNITED STATES TREASURY                                3086468    2902002    2.375    4/15/2011
11/30/2008   JH GOVERNMENT INCOME   '912828GS3'   UNITED STATES TREASURY                                7500000    8404688      4.5    5/15/2017
11/30/2008   JH GOVERNMENT INCOME   '912828HZ6'   UNITED STATES TREASURY                                5000000    5397265    3.875    5/15/2018
11/30/2008   JH GOVERNMENT INCOME   '92922FJ74'   WASHINGTON MUTUAL, INC.                               1734038     260106    1.995    4/25/2045
11/30/2008   JH GOVERNMENT INCOME   '92922F4Y1'   WASHINGTON MUTUAL, INC.                               1568334     392083    1.995   10/25/2045
11/30/2008   JH GOVERNMENT INCOME   '92925CBE1'   WASHINGTON MUTUAL, INC.                                461154     187563    1.745   12/25/2045
11/30/2008   JH GOVERNMENT INCOME   '93934FPP1'   WASHINGTON MUTUAL, INC.                               1159400     376805    3.605    5/25/2046
11/30/2008   JH HIGH YIELD FUND     'LN3832845'   ABITIBI BOWATER INC TRANCHE B 3/31/2009               1040696     832557     11.5    3/31/2009
11/30/2008   JH HIGH YIELD FUND     '003669AJ7'   ABITIBI-CONSOLIDATED CO. OF CANADA                    9995000    1499250    8.375     4/1/2015
11/30/2008   JH HIGH YIELD FUND     '003669AL2'   ABITIBI-CONSOLIDATED OF CANADA 13.75% 4/1/2011        1175000     887125    13.75     4/1/2011
11/30/2008   JH HIGH YIELD FUND     '003669AK4'   ABITIBI-CONSOLIDATED OF CANADA 15.5% 7/15/2010        1339000     435175     15.5    7/15/2010
11/30/2008   JH HIGH YIELD FUND     '003669AC2'   ABITIBI-CONSOLIDATED OF CANADA, INC.                  4880000     707600        6    6/20/2013
11/30/2008   JH HIGH YIELD FUND     '003669AF5'   ABITIBI-CONSOLIDATED OF CANADA, INC.                  3000000     450000     7.75    6/15/2011
11/30/2008   JH HIGH YIELD FUND     '003924AB3'   ABITIBI-CONSOLIDATED OF CANADA, INC.                  3500000     507500      7.4     4/1/2018
11/30/2008   JH HIGH YIELD FUND     '003924AH0'   ABITIBI-CONSOLIDATED OF CANADA, INC.                  3000000     540000     8.85     8/1/2030
11/30/2008   JH HIGH YIELD FUND     'SP0603NFS'   ABITIBI-CONSOLIDATED, INC.                           -3000000   -2174005        8    9/20/2012
11/30/2008   JH HIGH YIELD FUND     '006ESCAP2'   ADELPHIA COMMUNICATIONS CORP.                         5985000     179550        0     3/1/2007
11/30/2008   JH HIGH YIELD FUND     '006ESCBK2'   ADELPHIA COMMUNICATIONS CORP.                         2990000      89700        0    11/1/2006
11/30/2008   JH HIGH YIELD FUND     '00685R409'   ADELPHIA CONTINGENT VALUE VEHICLE, SER ACC-1          8722093      87221        0
11/30/2008   JH HIGH YIELD FUND     '009119108'   AIR FRANCE-KLM                                         174118    2237416        0
11/30/2008   JH HIGH YIELD FUND     '011662AE3'   ALASKA AIRLINES, INC.                                 2816791    2035131      9.5    4/12/2010
11/30/2008   JH HIGH YIELD FUND     '011662AH6'   ALASKA AIRLINES, INC.                                 3249605    2087871      9.5    4/12/2012
11/30/2008   JH HIGH YIELD FUND     '018772AB9'   ALLIANCE ONE INTERNATIONAL, INC.                      3850000    3234000       11    5/15/2012
11/30/2008   JH HIGH YIELD FUND     '019736AB3'   ALLISON TRANSMISSION INC. 11.25% 11/1/2015           23515000    9406000    11.25    11/1/2015
11/30/2008   JH HIGH YIELD FUND     '019736AA5'   ALLISON TRANSMISSION, INC.                           13605000    6666450       11    11/1/2015
11/30/2008   JH HIGH YIELD FUND     '023771WB0'   AMERICAN AIRLINES, INC.                               1500000    1095000     9.93    6/15/2010
11/30/2008   JH HIGH YIELD FUND     '023774AD4'   AMERICAN AIRLINES, INC.                               2000324    1540250    10.21     1/1/2010
11/30/2008   JH HIGH YIELD FUND     '023779AB7'   AMERICAN AIRLINES, INC.                               5036552    3651500    10.32    7/30/2014
11/30/2008   JH HIGH YIELD FUND     '02378FAA4'   AMERICAN AIRLINES, INC.                               1155986     843870     8.08    9/11/2011
11/30/2008   JH HIGH YIELD FUND     '02378HAD4'   AMERICAN AIRLINES, INC.                               4211000    2947700    10.19    5/26/2016
11/30/2008   JH HIGH YIELD FUND     'SPH604SM '   AMERICAN AIRLINES, INC.                              -2000000   -1014224        0    3/20/2013
11/30/2008   JH HIGH YIELD FUND     'SPF4045FS'   AMERICAN AIRLINES, INC.                              -3000000   -1396693      6.6    9/20/2012
11/30/2008   JH HIGH YIELD FUND     '028740AF5'   AMERICAN PACIFIC CORP.                               24315000   21154050        9     2/1/2015
11/30/2008   JH HIGH YIELD FUND     '028740108'   AMERICAN PACIFIC CORP.                                 200500    2033070        0
11/30/2008   JH HIGH YIELD FUND     'SPD502RLL'   AMR CDS 9/20/10 5%                                   -3000000   -1217437        5    9/20/2010
11/30/2008   JH HIGH YIELD FUND     'SPJ603R0L'   AMR CORP CDS 5% MORGAN STANELY                       -3000000   -1217436        5    9/20/2010
11/30/2008   JH HIGH YIELD FUND     'SP9302EML'   AMR CORP CDS 5%-MORGAN STANLEY                       -5000000   -2029061        5    9/20/2010
11/30/2008   JH HIGH YIELD FUND     '001765BB1'   AMR CORP. CONVERTIBLE 4.5% 2/15/2024                  3080000    2926000      4.5    2/15/2024
11/30/2008   JH HIGH YIELD FUND     '002023992'   APP CHINA GROUP LTD.                                    37717    1885850        0
11/30/2008   JH HIGH YIELD FUND     '00202RAB2'   APP FINANCE (II) MAURITIUS LTD.                       7500000       9375        0   12/29/2049
11/30/2008   JH HIGH YIELD FUND     '038196AE1'   APPLIED EXTRUSION TECHNOLOGIES, INC.                   536364     302348       12    3/15/2012
11/30/2008   JH HIGH YIELD FUND     '038196200'   APPLIED EXTRUSION TECHNOLOGIES, INC. (CLASS A)          51082     113913        0
11/30/2008   JH HIGH YIELD FUND     '00210VAB3'   ASG CONSOLIDATED LLC/ASG FINANCE, INC.                3465000    2962575     11.5    11/1/2011
11/30/2008   JH HIGH YIELD FUND     '642014104'   ATA HOLDINGS CORP.                                      20062      20062        0
11/30/2008   JH HIGH YIELD FUND     '642034104'   ATA HOLDINGS CORP.                                     350779     350779        0
11/30/2008   JH HIGH YIELD FUND     '09348TAA6'   BLAZE RECYCLING & METALS, INC.                        2675000    2086500   10.875    7/15/2012
11/30/2008   JH HIGH YIELD FUND     'SP0603NG '   BOWATER, INC.                                        -3000000   -1832881        7    9/20/2012
11/30/2008   JH HIGH YIELD FUND     '119818AA0'   BUFFALO THUNDER DEVELOPMENT AUTHORITY                 5485000    1755200    9.375   12/15/2014
11/30/2008   JH HIGH YIELD FUND     'JHFPPCSHI'   CANADIAN SATELLITE RADIO HOLDINGS, INC.               6400000    2993066        8    9/10/2014
11/30/2008   JH HIGH YIELD FUND     '136565AC2'   CANADIAN SATELLITE RADIO HOLDINGS, INC.              13500000    4455000    12.75    2/15/2014
11/30/2008   JH HIGH YIELD FUND     '136565108'   CANADIAN SATELLITE RADIO HOLDINGS, INC. (CLASS A)      602071     480608        0
11/30/2008   JH HIGH YIELD FUND     'JHFXSRCN3'   CANADIAN SATELLITE RADIO HOLDINGS, INC. (CLASS A)      101098      80702        0
11/30/2008   JH HIGH YIELD FUND     '12501BAN4'   CCH I HOLDINGS LLC / CCH I HOLD 11.1250% 1/15/2014    2628000     367920   11.125    1/15/2014
11/30/2008   JH HIGH YIELD FUND     '12502CAR2'   CCH II LLC / CCH II CAPITAL CO 10.2500% 10/01/2013    5387000    2289475    10.25    10/1/2013
11/30/2008   JH HIGH YIELD FUND     '12501BAT1'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                7460000     969800   12.125    1/15/2015
11/30/2008   JH HIGH YIELD FUND     '12502BAC7'   CHARTER COMMUNICATIONS HOLDINGS I, LLC               22678000    6009670       11    10/1/2015
11/30/2008   JH HIGH YIELD FUND     '12502BAE3'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                4466000     949025       11    10/1/2015
11/30/2008   JH HIGH YIELD FUND     '12501BAR5'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                2695000     350350    11.75    5/15/2014
11/30/2008   JH HIGH YIELD FUND     '12501BAP9'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                9436000    1273860     9.92     4/1/2014
11/30/2008   JH HIGH YIELD FUND     '12501BAQ7'   CHARTER COMMUNICATIONS HOLDINGS I, LLC               14020000    1892700       10    5/15/2014
11/30/2008   JH HIGH YIELD FUND   '16117PAF7'   CHARTER COMMUNICATIONS HOLDINGS, LLC/              2490000     249000     9.92     4/1/2011
11/30/2008   JH HIGH YIELD FUND   '16117M107'   CHARTER COMMUNICATIONS, INC. (CLASS A)            10200000    1938000        0
11/30/2008   JH HIGH YIELD FUND   '22944HAA3'   CII CARBON, LLC                                   16845000   13139100   11.125   11/15/2015
11/30/2008   JH HIGH YIELD FUND   '125581405'   CIT GROUP INC PFD                                   201608    1284243        0
11/30/2008   JH HIGH YIELD FUND   'CMCSAAE10'   COMCAST @25 1/18/2010 WPV+AE CALL                     2581     361340        0    1/18/2010
11/30/2008   JH HIGH YIELD FUND   '20030N200'   COMCAST CORP. (SPECIAL CLASS A)                    1129460   18941044        0
11/30/2008   JH HIGH YIELD FUND   '20030AC10'   COMCAST CORP. CALL                                    2860    1487200        0    1/18/2010
11/30/2008   JH HIGH YIELD FUND   '20030AD10'   COMCAST CORP. CALL                                    8590    2662900        0    1/18/2010
11/30/2008   JH HIGH YIELD FUND   '210795PJ3'   CONTINENTAL AIRLINES 5% 6/15/2023                 10265000    9058863        5    6/15/2023
11/30/2008   JH HIGH YIELD FUND   '210796306'   CONTINENTAL AIRLINES PREFERRED                     1123404   19870208        0
11/30/2008   JH HIGH YIELD FUND   '235035BP6'   DALLAS-FORT WORTH TEXAS INTERNATIONAL AIRPORT      2000000    1039980    9.125     5/1/2029
11/30/2008   JH HIGH YIELD FUND   '233046AB7'   DB MASTER FINANCE LLC                              4430000    3410303    8.285    6/20/2031
11/30/2008   JH HIGH YIELD FUND   '247361702'   DELTA AIR LINES INC                                6027983   53106530        0
11/30/2008   JH HIGH YIELD FUND   '247367AU9'   DELTA AIR LINES INC 7.7110% 9/18/2011              6555000    4227975    7.711    9/18/2011
11/30/2008   JH HIGH YIELD FUND   'LN329503 '   DELTA AIR LINES, INC.                              7397971    4808681    4.581    4/30/2012
11/30/2008   JH HIGH YIELD FUND   'LN3295031'   DELTA AIR LINES, INC.                               432929     212135    4.581    4/30/2012
11/30/2008   JH HIGH YIELD FUND   'LN329507 '   DELTA AIR LINES, INC.                              1937500     949375     6.75    4/30/2014
11/30/2008   JH HIGH YIELD FUND   'LN3295078'   DELTA AIR LINES, INC.                              3000000    1470000     6.75    4/30/2014
11/30/2008   JH HIGH YIELD FUND   'SPX3022CL'   DELTA AIRLINES CDS 5%                             -5000000   -1393373        5    9/20/2013
11/30/2008   JH HIGH YIELD FUND   'SPM800HBL'   DELTA AIRLINES INC. CDS 5%                        -5000000   -1393373        5    9/20/2013
11/30/2008   JH HIGH YIELD FUND   'LN3295071'   DELTA AIRLINES INC. TERM LOAN 4/30/2014            6982323    3421338    5.831    4/30/2014
11/30/2008   JH HIGH YIELD FUND   'LN3295072'   DELTA AIRLINES INC. TERM LOAN 4/30/2014             997475     488763    5.821    4/30/2014
11/30/2008   JH HIGH YIELD FUND   '25380WAA4'   DIGICEL GROUP LTD.                                10860000    5592900    8.875    1/15/2015
11/30/2008   JH HIGH YIELD FUND   '032442587'   DOMINION PETROLEUM AQUISITIONS LTD.                6325000    4721613       10    10/1/2011
11/30/2008   JH HIGH YIELD FUND   'JHFDPLLN1'   DOMINION PETROLEUM LTD.                            8270000     638991        0
11/30/2008   JH HIGH YIELD FUND   'B1L5679 '    DOMINION PETROLEUM LTD.                            5795360     447785        0
11/30/2008   JH HIGH YIELD FUND   '25755TAB6'   DOMINOS PIZZA MASTER ISSUER LLC                   12710000    7816650    7.629    4/25/2037
11/30/2008   JH HIGH YIELD FUND   'LN5501750'   EAST VALLEY TOURIST DEVELOPMENT AUTHORITY          2925000    1901250   10.311     8/6/2012
11/30/2008   JH HIGH YIELD FUND   '302051AJ6'   EXIDE TECHNOLOGIES                                 5235000    2800725     10.5    3/15/2013
11/30/2008   JH HIGH YIELD FUND   'JHFFDREPP'   FDR MANAGEMENT GROUP, LLC                          2129596          2        0
11/30/2008   JH HIGH YIELD FUND   'JHFFDRNPP'   FDR MANAGEMENT GROUP, LLC                          8482774    7712827       18    5/31/2012
11/30/2008   JH HIGH YIELD FUND   'JHFFONUNI'   FONTAINEBLEAU LAS VEGAS                             249211     239243        0
11/30/2008   JH HIGH YIELD FUND   '34460XAA7'   FONTAINEBLEAU LAS VEGAS                           17520000    2277600    10.25    6/15/2015
11/30/2008   JH HIGH YIELD FUND   'JHFFONPFD'   FOUNTAINEBLEAU LAS VEGAS                          12888242    1836574     12.5     6/1/2022
11/30/2008   JH HIGH YIELD FUND   'GTEXECINV'   GABRIELINO TRIBAL GAMING AUTHORITY                   90000          0        0
11/30/2008   JH HIGH YIELD FUND   'GTGAMING1'   GABRIELINO TRIBAL GAMING AUTHORITY                  125000          0        0
11/30/2008   JH HIGH YIELD FUND   '377265871'   GLASSTECH, INC., 12.75%, SER B                        4475    2484610        0
11/30/2008   JH HIGH YIELD FUND   '377265863'   GLASSTECH, INC., SER A                                 143     143000        0
11/30/2008   JH HIGH YIELD FUND   '378944AB8'   GLOBAL HEALTH SCIENCES, INC.                       3175000      11113        0     5/1/2009
11/30/2008   JH HIGH YIELD FUND   '36246MAH2'   GLOBAL TOWER PARTNERS ACQUISITION PARTNERS, LLC    1945000    1744801    7.874    5/15/2037
11/30/2008   JH HIGH YIELD FUND   '38045UAA8'   GOL FINANCE                                       14970000    4303875     8.75    4/29/2049
11/30/2008   JH HIGH YIELD FUND   '3811309Y1'   GOLDEN NORTHWEST ALUMINUM, INC. (CLASS A)               43        289        0
11/30/2008   JH HIGH YIELD FUND   '3811309Z8'   GOLDEN NORTHWEST ALUMINUM, INC. (CLASS B)            19271     129501        0
11/30/2008   JH HIGH YIELD FUND   '36298W10D'   GOLDMAN SACHS & CO.                               12000000       6000        0   10/20/2037
11/30/2008   JH HIGH YIELD FUND   '387241805'   GRANITE BROADCASTING CORP.                           11688      23376        0
11/30/2008   JH HIGH YIELD FUND   '387241110'   GRANITE BROADCASTING CORP. (CLASS A)                 29220       6428        0     6/4/2012
11/30/2008   JH HIGH YIELD FUND   '392484AA9'   GREEKTOWN HOLDINGS, LLC                           18763000    3846415    10.75    12/1/2013
11/30/2008   JH HIGH YIELD FUND   '40050BAB6'   GRUPO IUSACELL SA DE CV                            2820947    1720778       10   12/31/2013
11/30/2008   JH HIGH YIELD FUND   '40417K116'   HF HOLDINGS, INC.                                    28092          0        0
11/30/2008   JH HIGH YIELD FUND   '451663AC2'   IDEARC, INC.                                      66145000    5456963        8   11/15/2016
11/30/2008   JH HIGH YIELD FUND   '45337VAC4'   INDAH KIAT FINANCE MAURITIUS LTD.                  6000000     577500        0     7/1/2008
11/30/2008   JH HIGH YIELD FUND   '45337HAC5'   INDAH KIAT INTERNATIONAL FINANCE CO.               2500000    1250000        0    6/15/2006
11/30/2008   JH HIGH YIELD FUND   '455209AC0'   INDIANAPOLIS DOWNS CAPITAL, LLC                     580735     214872     15.5    11/1/2013
11/30/2008   JH HIGH YIELD FUND   '455209AA4'   INDIANAPOLIS DOWNS LLC/                            4330000    2056750       11    11/1/2012
11/30/2008   JH HIGH YIELD FUND   '45662GAA6'   INDYMAC INDEX NIM CORP.                            3860649     142361    8.833    6/25/2046
11/30/2008   JH HIGH YIELD FUND   '464592AG9'   ISLE OF CAPRIS CASINOS, INC.                      25029000   10637325        7     3/1/2014
11/30/2008   JH HIGH YIELD FUND   '45031U705'   ISTAR FINANCIAL INC PREFERRED 7.650%                199182     623440        0
11/30/2008   JH HIGH YIELD FUND   '45031U507'   ISTAR FINANCIAL INC. PREFERRED                      100000     300000        0
11/30/2008   JH HIGH YIELD FUND   '469815AG9'   JACOBS ENTERTAINMENT, INC.                          515000     236900     9.75    6/15/2014
11/30/2008   JH HIGH YIELD FUND   '47508XAB1'   JEFFERSON SMURFIT CORP.                            2300000     644000     8.25    10/1/2012
11/30/2008   JH HIGH YIELD FUND   '483059101'   KAISER GROUP HOLDINGS, INC.                          81949    1999556        0
11/30/2008   JH HIGH YIELD FUND   'G5221GAA7'   KATANGA MINING LTD.                                2171060    1015332       14   11/30/2013
11/30/2008   JH HIGH YIELD FUND   'KATFF1413'   KATANGA MINING LTD.                                2171060    1015332       14   11/30/2013
11/30/2008   JH HIGH YIELD FUND   'KATWTS850'   KATANGA MINING LTD.                                  80000       4193        0   11/20/2011
11/30/2008   JH HIGH YIELD FUND   '4480482 '    KLM ROYAL DUTCH AIRLINES NV                        1680000     539703    2.125   12/29/2049
11/30/2008   JH HIGH YIELD FUND   '52524FAB0'   LEHMAN XS NET INTEREST MARGIN NOTES                1171094     761211        9    1/28/2047
11/30/2008   JH HIGH YIELD FUND   '52524FAC8'   LEHMAN XS NET INTEREST MARGIN NOTES                1730000      48959        9    1/28/2047
11/30/2008   JH HIGH YIELD FUND   '537535AA4'   LITTLE TRAVERSE BAY BANDS OF ODAWA INDIANS         9635000    6310925    10.25    2/15/2014
11/30/2008   JH HIGH YIELD FUND   '560734AA3'   MAJESTIC HOLDCO, LLC                              10000000      12500     12.5   10/15/2011
11/30/2008   JH HIGH YIELD FUND   '56075RAF9'   MAJESTIC STAR CASINO LLC                          20640000    6914400        0   10/15/2010
11/30/2008   JH HIGH YIELD FUND   '56075TAC2'   MAJESTIC STAR CASINO, LLC/MAJESTIC STAR CASINO     8675000     173500        0    1/15/2011
11/30/2008   JH HIGH YIELD FUND   '57143VAC3'   MARQUEE HOLDINGS, INC.                             2795000    1579175    9.505    8/15/2014
11/30/2008   JH HIGH YIELD FUND   '574754AE7'   MASHANTUCKET WESTERN PEQUOT TRIBE                  7645000    2905100      8.5   11/15/2015
11/30/2008   JH HIGH YIELD FUND   '55276GAA3'   MBIA INSURANCE FIX TO FLOAT 1/15/2033              1325000     596250       14    1/15/2033
11/30/2008   JH HIGH YIELD FUND   '58446M101'   MEDIANEWS GROUP, INC.                                29750      29750        0
11/30/2008   JH HIGH YIELD FUND   '60467P9G1'   MIRANT CORP.                                      10500000         11        0
11/30/2008   JH HIGH YIELD FUND   '60741GAA0'   MOBILE SATELLITE VENTURES LP                       3600000     792000        0     4/1/2013
11/30/2008   JH HIGH YIELD FUND   '553758AL7'   MSX INTERNATIONAL, INC.                            4230000    1692000     12.5     4/1/2012
11/30/2008   JH HIGH YIELD FUND   '553769AC4'   MTR GAMING GROUP, INC.                              350000     260750     9.75     4/1/2010
11/30/2008   JH HIGH YIELD FUND   '553769AF7'   MTR GAMING GROUP, INC.                             4320000    2376000        9     6/1/2012
11/30/2008   JH HIGH YIELD FUND   '62844KAC9'   MUZAK, LLC/MUZAK FINANCE CORP.                     7346000    4407600    9.875    3/15/2009
11/30/2008   JH HIGH YIELD FUND   '650341AB6'   NEWARK GROUP, INC.                                 2135000     192150     9.75    3/15/2014
11/30/2008   JH HIGH YIELD FUND   '657303AB9'   NORTH ATLANTIC HOLDINGS, INC.                      1300000     715000    12.25     3/1/2014
11/30/2008   JH HIGH YIELD FUND   '657337AF8'   NORTH ATLANTIC TRADING CO., INC.                   8390400    5160096       10     3/1/2012
11/30/2008   JH HIGH YIELD FUND   '66799ADK6'   NORTHWEST AIRLINES, INC.                          15806000      19758        0    3/15/2007
11/30/2008   JH HIGH YIELD FUND   '66799ADL4'   NORTHWEST AIRLINES, INC.                           1915000       2394        0    3/15/2009
11/30/2008   JH HIGH YIELD FUND   '66799ADM2'   NORTHWEST AIRLINES, INC.                          32071000      40089        0     6/1/2099
11/30/2008   JH HIGH YIELD FUND   '66799ADN0'   NORTHWEST AIRLINES, INC.                          43785000      54731        0     6/1/2099
11/30/2008   JH HIGH YIELD FUND   '66799ADP5'   NORTHWEST AIRLINES, INC.                           7250000       9063        0     2/1/2009
11/30/2008   JH HIGH YIELD FUND   '66799ADQ3'   NORTHWEST AIRLINES, INC.                          45535000      56919        0   11/15/2023
11/30/2008   JH HIGH YIELD FUND   '66799ADR1'   NORTHWEST AIRLINES, INC.                          15437000      19296        0    5/15/2023
11/30/2008   JH HIGH YIELD FUND   'NWACNGTC1'   NORTHWEST AIRLINES, INC.                          15890000      10011        0   11/30/2008
11/30/2008   JH HIGH YIELD FUND   '667990683'   NORTHWEST AIRLINES, INC., 9.50%                     143381       2868        0
11/30/2008   JH HIGH YIELD FUND   '70322A119'   PATHMARK STORES, INC.                                62796        189        0    9/19/2010
11/30/2008   JH HIGH YIELD FUND   '69319FAB3'   PCA, LLC/PCA FINANCE CORP.                         3000000      97500        0     8/1/2009
11/30/2008   JH HIGH YIELD FUND   '70558AAA4'   PEGASUS SATELLITE COMMUNICATIONS, INC.             6500000          0        0     8/1/2009
11/30/2008   JH HIGH YIELD FUND   '70558AAB2'   PEGASUS SATELLITE COMMUNICATIONS, INC.             9200000      11500        0     3/1/2007
11/30/2008   JH HIGH YIELD FUND   '723443AB3'   PINNACLE AIRLINE PNCL 3.25% 2/15/2025              1000000     675000     3.25    2/15/2025
11/30/2008   JH HIGH YIELD FUND   '723443107'   PINNACLE AIRLINES CORP.                             439100    1431466        0
11/30/2008   JH HIGH YIELD FUND   'B046JB7 '    PO VALLEY ENERGY LTD.                              3100000    2597854        0
11/30/2008   JH HIGH YIELD FUND   '732827AB6'   POPE & TALBOT, INC.                                1561000      15610    8.375     6/1/2013
11/30/2008   JH HIGH YIELD FUND   '732827AD2'   POPE & TALBOT, INC.                                5450000      54500    8.375     6/1/2013
11/30/2008   JH HIGH YIELD FUND   '7481F1AC0'   QUEBECOR WORLD CAPITAL CORP.                       1210000      42350    4.875   11/15/2008
11/30/2008   JH HIGH YIELD FUND   '7481F1AD8'   QUEBECOR WORLD CAPITAL CORP.                       9970000     348950    6.125   11/15/2013
11/30/2008   JH HIGH YIELD FUND   '74820QAA3'   QUEBECOR WORLD CAPITAL CORP.                       1850000     120250     8.75    3/15/2016
11/30/2008   JH HIGH YIELD FUND   '748203AA4'   QUEBECOR WORLD, INC.                              10410000     676650     9.75    1/15/2015
11/30/2008   JH HIGH YIELD FUND   '74955WAB5'   R H DONNELLEY CORP. 6.875% 1/15/2013               1175000     152750    6.875    1/15/2013
11/30/2008   JH HIGH YIELD FUND   '74955WAG4'   R. H. DONNELLEY CORP. 8.875% 1/15/2016             9965000    1295450    8.875    1/15/2016
11/30/2008   JH HIGH YIELD FUND   '74955WAH2'   R.H. DONNELLEY CORP 8.875% 10/15/2017              2130000     276900    8.875   10/15/2017
11/30/2008   JH HIGH YIELD FUND   '74955WAE9'   R.H. DONNELLEY CORP.                               5945000     772850    6.875    1/15/2013
11/30/2008   JH HIGH YIELD FUND   '75605EAW0'   REALOGY CORP.                                      2355000     376800   12.375    4/15/2015
11/30/2008   JH HIGH YIELD FUND   'LN3337300'   SAINT ACQUISITION CORP.                            1732435     736285    6.125     5/6/2014
11/30/2008   JH HIGH YIELD FUND   'LN3337303'   SAINT ACQUISITION CORP.                            2969889    1262203      6.5     5/6/2014
11/30/2008   JH HIGH YIELD FUND   '80585BAT7'   SBA CMBS TRUST                                     5460000    5201715    7.389   11/15/2036
11/30/2008   JH HIGH YIELD FUND         '80585BAU4'   SBA CMBS TRUST                                        4045000    3696750    7.825   11/15/2036
11/30/2008   JH HIGH YIELD FUND         '816752AA7'   SEMINOLE HARD ROCK ENTERTAINMENT                      2850000    1510500    5.319    3/15/2014
11/30/2008   JH HIGH YIELD FUND         '817320AP9'   SEQUA CORP 11.7500% 12/01/2015                        1035000     455400    11.75    12/1/2015
11/30/2008   JH HIGH YIELD FUND         '78425Q402'   SIG CAPITAL TRUST I                                   5000000          0        0    8/15/2027
11/30/2008   JH HIGH YIELD FUND         '82817R9C7'   SILVER SLIPPER CASINO                                 4372881    3768112       13   12/17/2009
11/30/2008   JH HIGH YIELD FUND         '82966UAK9'   SIRIUS SATELLITE RADIO, INC.                         17730000    4343850    9.625     8/1/2013
11/30/2008   JH HIGH YIELD FUND         'LN342596 '   SIRIUS SATELLITE RADIO, INC.                          1283750     757413    5.438   12/20/2012
11/30/2008   JH HIGH YIELD FUND         'LN3425961'   SIRIUS SATELLITE RADIO, INC.                             3250       1918    5.438   12/20/2012
11/30/2008   JH HIGH YIELD FUND         '82967N199'   SIRIUS XM RADIO                                          9350       4208        0    3/15/2010
11/30/2008   JH HIGH YIELD FUND         '82967N108'   SIRIUS XM RADIO INC                                   7876120    1640596        0
11/30/2008   JH HIGH YIELD FUND         '83272AAC8'   SMURFIT-STONE CONTAINER ENERPRISES, INC.              8090000    2143850        8    3/15/2017
11/30/2008   JH HIGH YIELD FUND         'LN321148A'   STAR TRIBUNE CO.                                      3150823     913739     6.25     3/1/2014
11/30/2008   JH HIGH YIELD FUND         'LN3211480'   STAR TRIBUNE CO.                                      7562903    2193242     6.25     3/1/2014
11/30/2008   JH HIGH YIELD FUND         'LN3211560'   STAR TRIBUNE CO.                                      1275000      63750        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         'LN3211561'   STAR TRIBUNE CO.                                      3850000     192500        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         'LN3211562'   STAR TRIBUNE CO.                                      2635000     131750        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         'LN3211563'   STAR TRIBUNE CO.                                      1200000      60000        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         'LN3211564'   STAR TRIBUNE CO.                                      1435000      71750        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         'LN3211565'   STAR TRIBUNE CO.                                      2400000     120000        0     3/1/2015
11/30/2008   JH HIGH YIELD FUND         '87484EAB7'   TAM CAPITAL INC.,                                     4375000    2001563    7.375    4/25/2017
11/30/2008   JH HIGH YIELD FUND         '87974REST'   TEMBEC INC.                                             88508      78503        0
11/30/2008   JH HIGH YIELD FUND         'LNTEMBEC1'   TEMBEC, INC.                                           617500     362267   10.118     2/1/2011
11/30/2008   JH HIGH YIELD FUND         '880349AH8'   TENNECO, INC.                                         5563000    2058310    8.625   11/15/2014
11/30/2008   JH HIGH YIELD FUND         '881452AA4'   TERRESTAR NETWORKS, INC.                              4616919    3139505       15    2/15/2014
11/30/2008   JH HIGH YIELD FUND         'SP1501JQL'   TEXAS COMP.ELEC. 4.6%                               -10000000   -2037106      4.6    6/20/2013
11/30/2008   JH HIGH YIELD FUND         'SPA302MP1'   TEXAS COMPETITIVE ELECTRIC HOLDINGS 5.85             -5000000    -998599     5.85    6/20/2013
11/30/2008   JH HIGH YIELD FUND         '2298795 '    TIMBERWEST FOREST CORP., UNIT (COMMON STOCK,           447200    1233208        0
11/30/2008   JH HIGH YIELD FUND         '88732J108'   TIME WARNER CABLE, INC. (CLASS A)                      454195    9220159        0
11/30/2008   JH HIGH YIELD FUND         '888737AB9'   TJIWI KIMIA FINANCE MAURITIUS LTD.                    1500000      45000        0     8/1/2009
11/30/2008   JH HIGH YIELD FUND         '888739AA7'   TJIWI KIMIA FINANCE MAURITIUS LTD.                    5250000     157500        0     8/1/2009
11/30/2008   JH HIGH YIELD FUND         '89421EAC7'   TRAVELPORT LLC 11.8750% 9/01/2016                     2270000     544800   11.875     9/1/2016
11/30/2008   JH HIGH YIELD FUND         '89421EAB9'   TRAVELPORT, LLC                                      14085000    4929750    9.875     9/1/2014
11/30/2008   JH HIGH YIELD FUND         '897053AB0'   TRONOX WORLDWIDE, LLC/TRONOX FINANCE CORP.           10165000     711550      9.5    12/1/2012
11/30/2008   JH HIGH YIELD FUND         '89816WAA4'   TRUMP ENTERTAINMENT RESORTS, INC.                    29340000    4254300      8.5     6/1/2015
11/30/2008   JH HIGH YIELD FUND         'EG4565529'   U.S. CORRUGATED, INC.                                 1900000     950000       10     6/1/2013
11/30/2008   JH HIGH YIELD FUND         '902549AG9'   UAL CORP.                                            27570000   12522294      4.5    6/30/2021
11/30/2008   JH HIGH YIELD FUND         '902549AH7'   UAL CORP.                                            25973000   11796937      4.5    6/30/2021
11/30/2008   JH HIGH YIELD FUND         '902549807'   UAL CORP.                                              150000    1687500        0
11/30/2008   JH HIGH YIELD FUND         'LN316623 '   UNITED AIR LINES, INC.                                 621667     287210    3.437     2/1/2014
11/30/2008   JH HIGH YIELD FUND         'LN3166231'   UNITED AIR LINES, INC.                                1000000     462000     5.25     2/1/2014
11/30/2008   JH HIGH YIELD FUND         'LN3166232'   UNITED AIR LINES, INC.                                 500000     231000     5.25     2/1/2014
11/30/2008   JH HIGH YIELD FUND         'LN3264401'   US AIRWAYS GROUP INC. 3/23/2014                      14949494    6884242    3.936    3/23/2014
11/30/2008   JH HIGH YIELD FUND         'LN3264402'   US AIRWAYS GROUP INC. 3/23/2014                       2242424    1032636    3.936    3/23/2014
11/30/2008   JH HIGH YIELD FUND         'LN3264403'   US AIRWAYS GROUP INC. 3/23/2014                       3737373    1721060    3.936    3/23/2014
11/30/2008   JH HIGH YIELD FUND         'LN3264409'   US AIRWAYS GROUP INC. 3/23/2014                       1494949     688424    3.936    3/23/2014
11/30/2008   JH HIGH YIELD FUND         '90341WAB4'   US AIRWAYS GROUP, INC.                               19265000    8308031        7    9/30/2020
11/30/2008   JH HIGH YIELD FUND         '90341W108'   US AIRWAYS GROUP, INC.                                 517752    3085802        0
11/30/2008   JH HIGH YIELD FUND         '90332UAD5'   US AIRWAYS, INC.                                      7296879    4670002     6.82    1/30/2014
11/30/2008   JH HIGH YIELD FUND         'LEASEGAB3'   US AIRWAYS, INC., LESSOR EQUIP TRUST                   606056       6061        0     6/1/2008
11/30/2008   JH HIGH YIELD FUND         '90341G103'   USA MOBILITY, INC.                                     128120    1396508        0
11/30/2008   JH HIGH YIELD FUND         '925335AD3'   VERTIS, INC.                                          9230000     184600        0    6/15/2009
11/30/2008   JH HIGH YIELD FUND         '92851FAD5'   VITRO SA DE CV                                        2950000     826000    11.75    11/1/2013
11/30/2008   JH HIGH YIELD FUND         '92851RAD9'   VITRO SA DE CV                                        7250000    1921250    9.125     2/1/2017
11/30/2008   JH HIGH YIELD FUND         '952355AF2'   WEST CORP.                                            8130000    3495900       11   10/15/2016
11/30/2008   JH HIGH YIELD FUND         '705904AJ9'   XANADOO CO.                                          13525000          0        0     8/1/2009
11/30/2008   JH HIGH YIELD FUND         '98387T301'   XANADOO, 6.50%, SER C                                  345350   10360500        0
11/30/2008   JH HIGH YIELD FUND         '98375NAA8'   XM SATELLITE RADIO HOLDINGS 13% 8/1/2013             34100000    8695500       13     8/1/2013
11/30/2008   JH HIGH YIELD FUND         '983759AC5'   XM SATELLITE RADIO HOLDINGS, INC.                    20190000    7520775       10    12/1/2009
11/30/2008   JH HIGH YIELD FUND         '984756AB2'   YANKEE ACQUISITION CORP.                              4450000    2069250      8.5    2/15/2015
11/30/2008   JH HIGH YIELD FUND         '987434AM9'   YOUNG BROADCASTING, INC.                             13280000     199200       10     3/1/2011
11/30/2008   JH INVESTMENT GRADE BOND   '02209SAC7'   ALTRIA GROUP INC 8.5000% 11/10/2013                    475000     476842      8.5   11/10/2013
11/30/2008   JH INVESTMENT GRADE BOND   '02209SAE3'   ALTRIA GROUP INC 9.9500% 11/10/2038                    410000     406082     9.95   11/10/2038
11/30/2008   JH INVESTMENT GRADE BOND   '02364WAH8'   AMERICA MOVIL SA DE CV                                 250000     223750     5.75    1/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '0258M0CY3'   AMERICAN EXPRESS CREDIT CORP 7.3000% 8/20/2013         360000     341455      7.3    8/20/2013
11/30/2008   JH INVESTMENT GRADE BOND   '02635PTS2'   AMERICAN GENERAL FINANCE CORP.                         220000      90881      6.9   12/15/2017
11/30/2008   JH INVESTMENT GRADE BOND   '02666QD75'   AMERICAN HONDA FINANCE 7.625% 10/1/2018                370000     375768    7.625    10/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '03027WAE2'   AMERICAN TOWER TRUST                                   420000     366696    5.957    4/15/2037
11/30/2008   JH INVESTMENT GRADE BOND   '00206RAP7'   AT&T INC 6.7% 11/15/2013                               565000     562584      6.7   11/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '00206RAN2'   AT&T INC.                                              235000     192584      6.4    5/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '054536AC1'   AXA SA                                                 155000      76608    6.379   12/14/2049
11/30/2008   JH INVESTMENT GRADE BOND   '05947U4D7'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC               560000     411059     5.18    9/10/2047
11/30/2008   JH INVESTMENT GRADE BOND   '059500AD0'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC.              700000     490887    5.889    7/10/2044
11/30/2008   JH INVESTMENT GRADE BOND   '05947UX37'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC.             1500000    1093115    4.933    7/10/2045
11/30/2008   JH INVESTMENT GRADE BOND   '058928AL6'   BANC OF AMERICA FUNDING CORP.                          539807     401827    5.886    3/20/2036
11/30/2008   JH INVESTMENT GRADE BOND   '05960AAA2'   BANCO MERCANTIL DEL NORTE SA                           330000     201886    6.862   10/13/2021
11/30/2008   JH INVESTMENT GRADE BOND   '06051GDX4'   BANK OF AMERICA CORP. 5.65% 5/1/2018                   400000     370766     5.65     5/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '05954DAG1'   BANK OF AMERICA FUNDING CORP.                          259170     170428    5.936     9/1/2047
11/30/2008   JH INVESTMENT GRADE BOND   '07388PAN1'   BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES, INC.      320000      56985    5.412    12/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '073902RU4'   BEAR STEARNS COS., INC. (THE)                          435000     440395     7.25     2/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '07401LAQ6'   BEAR STEARNS MORTGAGE FUNDING TRUST FLOAT              272067     101063    1.615    8/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '075386AC6'   BEAVER VALLEY FUNDING CORP.                            966000     922704        9     6/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '079860AE2'   BELLSOUTH CORP.                                        250000     202262     6.55    6/15/2034
11/30/2008   JH INVESTMENT GRADE BOND   '079867AQ0'   BELLSOUTH CORP.                                        389911     388030      6.3   12/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '05565AAB9'   BNP PARIBAS                                            135000      80985    7.195    6/29/2049
11/30/2008   JH INVESTMENT GRADE BOND   'BNY112808'   BNY REPO 12/01/08 .20%                                2684000    2684000      0.2    12/1/2008
11/30/2008   JH INVESTMENT GRADE BOND   '10138MAH8'   BOTTLING GROUP LLC 6.9500% 3/15/2014                   205000     214701     6.95    3/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '118230AE1'   BUCKEYE PARTERNS LP                                    165000     135859    5.125     7/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '120568AM2'   BUNGE LTD.                                             270000     205098     5.35    4/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '12189TBA1'   BURLINGTON NORTHERN SANTA FE CORP.                     285000     259853     5.75    3/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '16165TBF9'   CHASEFLEX TRUST                                        547972     471941        5    5/25/2020
11/30/2008   JH INVESTMENT GRADE BOND   '12616FAC1'   CHELSEA PROPERTY GROUP                                 385000     312651        6    1/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '171232AR2'   CHUBB CORP. (THE)                                      125000     108965     5.75    5/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '17133PAA6'   CHUO MITSUI TRUST & BANKING CO.                        370000     254675    5.506   12/15/2049
11/30/2008   JH INVESTMENT GRADE BOND   '125577AY2'   CIT GROUP, INC.                                         85000      48899     5.65    2/13/2017
11/30/2008   JH INVESTMENT GRADE BOND   '125581AH1'   CIT GROUP, INC.                                         55000      32800        5    2/13/2014
11/30/2008   JH INVESTMENT GRADE BOND   '125581AK4'   CIT GROUP, INC.                                         75000      43765    5.125    9/30/2014
11/30/2008   JH INVESTMENT GRADE BOND   '172967EP2'   CITIGROUP INC. 6.875% 3/5/2038                         150000     139260    6.875     3/5/2038
11/30/2008   JH INVESTMENT GRADE BOND   '17307GU22'   CITIGROUP MORTGAGE LOAN TRUST, INC.                    420835     221008    5.838   12/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '17307GYT9'   CITIGROUP MORTGAGE LOAN TRUST, INC.                    255488     207265        5    8/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '172967ES6'   CITIGROUP, INC.                                        250000     228496    6.125    5/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '172967ER8'   CITIGROUP, INC.                                        365000     215514      8.4    4/29/2049
11/30/2008   JH INVESTMENT GRADE BOND   '12513EAM6'   CITIGROUP/DEUTSCHE BANK COMMERCIAL MORT                185000      44801    5.225    7/15/2044
11/30/2008   JH INVESTMENT GRADE BOND   '191219BT0'   COCA-COLA ENTERPRISES 7.375% 3/3/2014                  245000     254827    7.375     3/3/2014
11/30/2008   JH INVESTMENT GRADE BOND   '00209TAA3'   COMCAST CABLE COMMUNICATIONS HOLDINGS                  750000     749126    8.375    3/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '201723AJ2'   COMMERCIAL METALS CO 7.35% 8/15/2018                   170000     122189     7.35    8/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '202795HU7'   COMMONWEALTH EDISON                                    415000     361726      5.8    3/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '210371AK6'   CONSTELLATION ENERGY GROUP INC 4.5500% 6/15/2015       520000     413826     4.55    6/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '210805CQ8'   CONTINENTAL AIRLINES, INC.                             108028      86963    6.545     2/2/2019
11/30/2008   JH INVESTMENT GRADE BOND   '02151UAB2'   COUNTRYWIDE ALT LN TR 6.5% 11/25/2037                  735770     351561      6.5   11/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '22303QAG5'   COVIDIEN INTERNATIONAL FINANCE SA                      185000     171140        6   10/15/2017
11/30/2008   JH INVESTMENT GRADE BOND   '12626PAJ2'   CRH AMERICA 8.125% 07/15/2018                          250000     188466    8.125    7/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '22822RAD2'   CROWN CASTLE TOWERS LLC                                765000     618686    5.612    6/15/2035
11/30/2008   JH INVESTMENT GRADE BOND   '22822RAL4'   CROWN CASTLE TOWERS LLC                                375000     259275    6.065   11/15/2036
11/30/2008   JH INVESTMENT GRADE BOND   '126408GD9'   CSX CORP 5.50% 08/01/2013                              365000     338036      5.5     8/1/2013
11/30/2008   JH INVESTMENT GRADE BOND   '126650BH2'   CVS CAREMARK CORP.                                    275000    238757    5.75     6/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '126650BK5'   CVS CAREMARK CORP.                                    460000    253000   6.302     6/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '233046AA9'   DB MASTER FINANCE LLC                                 515000    415476   5.779    6/20/2031
11/30/2008   JH INVESTMENT GRADE BOND   '247367AY1'   DELTA AIRLINES, INC.                                  405000    295650   6.417     7/2/2012
11/30/2008   JH INVESTMENT GRADE BOND   '247367BH7'   DELTA AIRLINES, INC.                                  350601    220879   6.821    8/10/2022
11/30/2008   JH INVESTMENT GRADE BOND   '25755TAA8'   DOMINO'S PIZZA MASTER ISSUER LLC                      495000    346110   5.261    4/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '278865AH3'   ECOLAB, INC.                                          230000    192202   4.875    2/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '29379VAC7'   ENTERPRISE PRODUCTS OPERATING LP                      475000    388441     6.5    1/31/2019
11/30/2008   JH INVESTMENT GRADE BOND   '293791AN9'   ENTERPRISE PRODUCTS OPERATIONS LP                     385000    327163     5.6   10/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '26882PBB7'   ERAC USA FINANCE CO.                                  220000    154024   6.375   10/15/2017
11/30/2008   JH INVESTMENT GRADE BOND   '31398ARW4'   FANNIE MAE 3.5% 6/18/2010                            1675000   1685866     3.5    6/18/2010
11/30/2008   JH INVESTMENT GRADE BOND   '31415LBC0'   FANNIE MAE POOL 5.0000% 5/01/2038                    1997744   2012415       5     5/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '31415LK30'   FANNIE MAE POOL 5.500% 07/01/2038                    1248310   1270302     5.5     7/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '3128M5AN0'   FEDERAL HOME LOAN MORTGAGE CORP.                     2690582   2752907       6     8/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '31392RYX3'   FEDERAL HOME LOAN MORTGAGE CORP.                     1612906   1639539       6    8/15/2032
11/30/2008   JH INVESTMENT GRADE BOND   '31412SX75'   FEDERAL NATIONAL MORTGAGE ASSN.                       971723    978859       5     3/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '31413DFE2'   FEDERAL NATIONAL MORTGAGE ASSN.                       822009    841500       6     7/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '31413FX64'   FEDERAL NATIONAL MORTGAGE ASSN.                      1440781   1466163     5.5     7/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '31414MBL9'   FEDERAL NATIONAL MORTGAGE ASSN.                      2503000   2521381       5     3/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '31359MM26'   FEDERAL NATIONAL MORTGAGE ASSN.                      1190000   1251015   5.125    4/15/2011
11/30/2008   JH INVESTMENT GRADE BOND   '31360L2H4'   FEDERAL NATIONAL MORTGAGE ASSN.                         1944      1915    5.85     3/1/2014
11/30/2008   JH INVESTMENT GRADE BOND   '31360L2L5'   FEDERAL NATIONAL MORTGAGE ASSN.                        10616     10424    5.85     6/1/2014
11/30/2008   JH INVESTMENT GRADE BOND   '31371NKG9'   FEDERAL NATIONAL MORTGAGE ASSN.                       784252    798068     5.5     9/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '31402CPL0'   FEDERAL NATIONAL MORTGAGE ASSN.                      2116033   2136201       5    11/1/2033
11/30/2008   JH INVESTMENT GRADE BOND   '31408DZL1'   FEDERAL NATIONAL MORTGAGE ASSN.                      1035990   1054726     5.5     1/1/2036
11/30/2008   JH INVESTMENT GRADE BOND   '31409ANC9'   FEDERAL NATIONAL MORTGAGE ASSN.                      2122306   2160689     5.5     2/1/2036
11/30/2008   JH INVESTMENT GRADE BOND   '31410TBJ3'   FEDERAL NATIONAL MORTGAGE ASSN.                      1699555   1740384       6     9/1/2036
11/30/2008   JH INVESTMENT GRADE BOND   '31411L2S9'   FEDERAL NATIONAL MORTGAGE ASSN.                      2092972   2129845     5.5     2/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '31411WVZ7'   FEDERAL NATIONAL MORTGAGE ASSN.                      1729608   1760079     5.5     5/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '32051GBV6'   FIRST HORIZON ALTERNATIVE MORTGAGE SECURITIES         776111     80779   5.213   12/25/2034
11/30/2008   JH INVESTMENT GRADE BOND   '32051GX26'   FIRST HORIZON ALTERNATIVE MORTGAGE SECURITIES         184060     11168   6.139    5/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '337738AG3'   FISERV, INC.                                          215000    175868     6.8   11/20/2017
11/30/2008   JH INVESTMENT GRADE BOND   '31414TCM1'   FN 975376 5.5% 06/01/2038                            2308950   2349627     5.5     6/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '31412MQN1'   FNMA 929361 5% 05/01/2038                             273016    275021       5     5/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '345397SM6'   FORD MOTOR CREDIT CO.                                 705000    430447   7.375   10/28/2009
11/30/2008   JH INVESTMENT GRADE BOND   '30257GAA9'   FPL ENERGY NATIONAL WIND                              210135    167255   5.608    3/10/2024
11/30/2008   JH INVESTMENT GRADE BOND   '3128LDAW4'   FREDDIE MAC GOLD POOL 5.5000% 7/01/2038              2050849   2082894     5.5     7/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '3128LDAX2'   FREDDIE MAC GOLD POOL 5.5000% 7/01/2038              1905164   1934932     5.5     7/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '312927CY0'   FREDDIE MAC GOLD POOL 6.0000% 8/01/2038              2381029   2435812       6     8/1/2038
11/30/2008   JH INVESTMENT GRADE BOND   '35671DAS4'   FREEPORT-MCMORAN COPPER & GOLD, INC.                  175000    124250   8.375     4/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '36962G3U6'   GENERAL ELECTRIC CAPITAL CORP.                        510000    470245   5.625     5/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '370334BF0'   GENERAL MILLS INC 5.20% 03/17/2015                     90000     81883     5.2    3/17/2015
11/30/2008   JH INVESTMENT GRADE BOND   '37247DAG1'   GENWORTH FINANCIAL, INC.                              210000     20026    6.15   11/15/2066
11/30/2008   JH INVESTMENT GRADE BOND   '37945HAD4'   GLOBAL SIGNAL TRUST                                   265000    239732   5.093   12/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '37945SAG3'   GLOBAL SIGNAL TRUST                                   235000    225949   6.495    2/15/2036
11/30/2008   JH INVESTMENT GRADE BOND   '361849YV8'   GMAC COMMERCIAL MORTGAGE SECURITIES, INC.             955000    783488   5.499    5/10/2040
11/30/2008   JH INVESTMENT GRADE BOND   '36185MDQ2'   GMAC MORTGAGE CORP. LOAN TRUST                        322889    210868   5.629    4/19/2036
11/30/2008   JH INVESTMENT GRADE BOND   '38141GEA8'   GOLDMAN SACHS GROUP INC. 5.125% 1/15/2015             390000    318840   5.125    1/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '38141GFD1'   GOLDMAN SACHS GROUP, INC. (THE)                       555000    355800    6.75    10/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '36225A2A7'   GOVERNMENT NATIONAL MORTGAGE ASSN.                     38735     38820     7.5    4/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '39538RAC3'   GREENPOINT MORTGAGE FUNDING TRUST                      82328     28671   1.675    6/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '39538WCA4'   GREENPOINT MORTGAGE FUNDING TRUST                     372357    114476   1.755   10/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '39538WFK9'   GREENPOINT MORTGAGE FUNDING TRUST                     611253    243984   1.765    2/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '20173QAK7'   GREENWICH CAPITAL COMMERCIAL FUNDING CORP.            230000     40556   5.554    2/10/2017
11/30/2008   JH INVESTMENT GRADE BOND   '20173QAN1'   GREENWICH CAPITAL COMMERCIAL FUNDING CORP.            130000     19811   5.633    2/10/2017
11/30/2008   JH INVESTMENT GRADE BOND   '3623414F3'   GSR MORTGAGE LOAN TRUST                               796660    537134    5.37    1/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '36242DBZ5'   GSR MORTGAGE LOAN TRUST                               317183    118536   4.526    8/25/2034
11/30/2008   JH INVESTMENT GRADE BOND   '41161PYX5'   HARBORVIEW MORTGAGE LOAN TRUST                        209772     73855   1.804    1/19/2036
11/30/2008   JH INVESTMENT GRADE BOND   '41162BAA1'   HARBORVIEW MORTGAGE LOAN TRUST                        434291    159386   3.515   12/19/2036
11/30/2008   JH INVESTMENT GRADE BOND   '42217KAN6'   HEALTH CARE REIT, INC.                                245000    162111     6.2     6/1/2016
11/30/2008   JH INVESTMENT GRADE BOND   '440327AJ3'   HORACE MANN EDUCATORS CORP.                           205000    227952    6.85    4/15/2016
11/30/2008   JH INVESTMENT GRADE BOND   '40426WAV3'   HRPT PROPERTIES TRUST                                 135000     86764    6.65    1/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '40427LAA2'   HSBC CAPITAL FUNDING LP                               500000    420303   9.547   12/29/2049
11/30/2008   JH INVESTMENT GRADE BOND   '444859AZ5'   HUMANA, INC.                                          360000    282798    8.15    6/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '44841RAA9'   HUTCHISON WHAMPOA INTERNATIONAL LTD.                  500000    477699     6.5    2/13/2013
11/30/2008   JH INVESTMENT GRADE BOND   '45660GAN0'   INDYMAC INDEX MORTGAGE LOAN TRUST                     233650     15800   6.335    8/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '45660LGX1'   INDYMAC INDEX MORTGAGE LOAN TRUST                     289405     40717   5.463    5/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '45660N7R0'   INDYMAC INDEX MORTGAGE LOAN TRUST                     216100     91219   5.296    1/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '45687AAA0'   INGERSOLL-RAND GLOBAL HOLDING CO 6.8750% 8/15/2018    300000    274455   6.875    8/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '459200GL9'   INTERNATIONAL BUSINESS MACHINES 8.0000% 10/15/2038    315000    349917       8   10/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '460146CA9'   INTERNATIONAL PAPER CO.                               240000    188384    7.95    6/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '46507MAA0'   ISRAEL ELECTRIC CORP. LTD.                            200000    179313    7.25    1/15/2019
11/30/2008   JH INVESTMENT GRADE BOND   '472319AE2'   JEFFERIES GROUP, INC.                                 145000     97478    6.45     6/8/2027
11/30/2008   JH INVESTMENT GRADE BOND   '46625YSH7'   JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITY CORP.   1000000    688241   4.996    8/15/2042
11/30/2008   JH INVESTMENT GRADE BOND   '46625YUG6'   JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITY CORP.   1000000    240183   5.129   10/15/2042
11/30/2008   JH INVESTMENT GRADE BOND   '46629DAY1'   JP MORGAN MORTGAGE TRUST                              538658    140668   5.801    1/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '466247B51'   JP MORGAN MORTGAGE TRUST                              431901    352944     5.5    1/25/2021
11/30/2008   JH INVESTMENT GRADE BOND   '466247VJ9'   JP MORGAN MORTGAGE TRUST                              436613    396363     6.5    9/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '46625HHA1'   JPMORGAN CHASE & CO.                                  315000    246595     7.9   12/31/2049
11/30/2008   JH INVESTMENT GRADE BOND   '494550AS5'   KINDER MORGAN ENERGY PARTNERS L 5.1250% 11/15/2014    135000    112841   5.125   11/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '494550AL0'   KINDER MORGAN ENERGY PARTNERS LP                      115000     92025    7.75    3/15/2032
11/30/2008   JH INVESTMENT GRADE BOND   '50075NAU8'   KRAFT FOODS INC                                       460000    424005   6.125     2/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '50075NAQ7'   KRAFT FOODS INC 6.0000% 2/11/2013                     405000    396186       6    2/11/2013
11/30/2008   JH INVESTMENT GRADE BOND   '525221EN3'   LEHMAN XS TRUST                                       303239    107971   1.695   12/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '525221HB6'   LEHMAN XS TRUST                                       457537    148183   1.735    2/25/2046
11/30/2008   JH INVESTMENT GRADE BOND   '86359DUT2'   LEHMAN XS TRUST                                       430840    145417   1.755   11/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '53079EAM6'   LIBERTY MUTUAL GROUP                                  520000    332592     7.5    8/15/2036
11/30/2008   JH INVESTMENT GRADE BOND   '534187AU3'   LINCOLN NATIONAL CORP.                                120000     49200    6.05    4/20/2017
11/30/2008   JH INVESTMENT GRADE BOND   '55616XAE7'   MACY'S RETAIL HOLDINGS, INC.                          210000    142124   7.875    7/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '59023VAA8'   MERRILL LYNCH & CO., INC.                             555000    487496    7.75    5/14/2038
11/30/2008   JH INVESTMENT GRADE BOND   '59023V373'   MERRILL LYNCH & CO., INC.                              12775    228673       0
11/30/2008   JH INVESTMENT GRADE BOND   '60687UAE7'   MERRILL LYNCH/COUNTRYWIDE COMMERCIAL MORTGAGE         735000    522136   5.909    6/12/2046
11/30/2008   JH INVESTMENT GRADE BOND   '7753426 '    MIZUHO FINANCIAL GROUP CAYMAN LTD.                    440000    396590   8.375   12/29/2049
11/30/2008   JH INVESTMENT GRADE BOND   '59022XAH0'   MLCC MORTGAGE INVESTORS, INC.                         194970     90327   5.981    9/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '59022XAJ6'   MLCC MORTGAGE INVESTORS, INC.                          74989     60286   5.981    9/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '59022XAK3'   MLCC MORTGAGE INVESTORS, INC.                          49992     34837   5.981    9/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '612655AA8'   MONTERREY POWER SA DE CV                              387997    399443   9.625   11/15/2009
11/30/2008   JH INVESTMENT GRADE BOND   '6174466Q7'   MORGAN STANLEY                                        825000    684227   6.625     4/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '617451CL1'   MORGAN STANLEY CAPITAL I                              520000    378708   5.208   11/14/2042
11/30/2008   JH INVESTMENT GRADE BOND   '61750WBD4'   MORGAN STANLEY CAPITAL I                              310000     55857   5.538   12/15/2043
11/30/2008   JH INVESTMENT GRADE BOND   '638620AF1'   NATIONWIDE HEALTH PROPERTIES, INC.                    230000    210232     6.5    7/15/2011
11/30/2008   JH INVESTMENT GRADE BOND   '63872AAA8'   NATIXIS                                               200000    102867      10    4/30/2049
11/30/2008   JH INVESTMENT GRADE BOND   '641423BK3'   NEVADA POWER CO.                                      220000    200542   5.875    1/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '650111AD9'   NEW YORK TIMES CO. 4.5% 3/15/2010                     330000    254953     4.5    3/15/2010
11/30/2008   JH INVESTMENT GRADE BOND   '652478AV0'   NEWS AMERICA HOLDINGS                                 600000    612505     9.5    7/15/2024
11/30/2008   JH INVESTMENT GRADE BOND   '65334HAE2'   NEXEN INC 5.875% 03/10/2035                           210000    145002   5.875    3/10/2035
11/30/2008   JH INVESTMENT GRADE BOND   '62912XAB0'   NGPL PIPECO LLC                                       270000    232103   7.119   12/15/2017
11/30/2008   JH INVESTMENT GRADE BOND   '65473QAT0'   NISOURCE FINANCE CORP.                                210000    153087     6.8    1/15/2019
11/30/2008   JH INVESTMENT GRADE BOND   '66586GCD7'   NORTHERN TRUST CO/THE 6.5000% 8/15/2018               125000    124363     6.5    8/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '667294BE1'   NORTHWEST AIRLINES, INC.                              210000    119700   7.027    11/1/2019
11/30/2008   JH INVESTMENT GRADE BOND   '677240AD5'   OHIO CASUALTY CORP.                                   320000    294887     7.3    6/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '68233DAS6'   ONCOR ELECTRIC 6.375% 5/1/2012                        490000    464472   6.375     5/1/2012
11/30/2008   JH INVESTMENT GRADE BOND   '68268NAB9'   ONEOK PARTNERS LP                                     425000    372787    6.15    10/1/2016
11/30/2008   JH INVESTMENT GRADE BOND   '713291AG7'   PEPCO HOLDINGS, INC.                                  325000    307583    6.45    8/15/2012
11/30/2008   JH INVESTMENT GRADE BOND   '713448BJ6'   PEPSICO INC                                            230000     256643      7.9    11/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '71644EAH5'   PETRO-CANADA                                           190000     149451     6.05    5/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '718172AA7'   PHILIP MORRIS INTERNATIONAL, INC.                      370000     332084     5.65    5/16/2018
11/30/2008   JH INVESTMENT GRADE BOND   '72650RAT9'   PLAINS ALL AMERICAN PIPELINE L.P. 6.5% 5/1/2018        165000     126853      6.5     5/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '72925PAB1'   PLUM CREEK TIMBER CO., INC.                            210000     179547    5.875   11/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '737415AG4'   POST APARTMENT HOMES                                   585000     481735    5.125   10/12/2011
11/30/2008   JH INVESTMENT GRADE BOND   '743315AM5'   PROGRESSIVE CORP.                                      155000      82342      6.7    6/15/2037
11/30/2008   JH INVESTMENT GRADE BOND   '743410AT9'   PROLOGIS                                               290000     116813    6.625    5/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '743873BA8'   PROVIDENT FUNDING MORTGAGE LOAN TRUST                  209166      67012    4.819    5/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '74432QBE4'   PRUDENTIAL FINANCIAL, INC.                             350000     311775     5.15    1/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '74730UAA3'   QBE CAPITAL FUNDING II LP                              340000     238000    6.797     6/1/2049
11/30/2008   JH INVESTMENT GRADE BOND   '74913GAE5'   QWEST CORP.                                            210000     173250    7.875     9/1/2011
11/30/2008   JH INVESTMENT GRADE BOND   '749768AA5'   RABOBANK CAPITAL FUND II                              1130000     730057     5.26   12/29/2049
11/30/2008   JH INVESTMENT GRADE BOND   '75970NAK3'   RENAISSANCE HOME EQUITY LOAN TRUST                     229823     222323    4.499    8/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '75970NAL1'   RENAISSANCE HOME EQUITY LOAN TRUST                     420000     379961    4.934    8/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '74924DAA7'   RESIDENTIAL ACCREDIT LOANS INC 6.5000% 9/25/2037       452521     216221      6.5    9/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '761118NC8'   RESIDENTIAL ACCREDIT LOANS, INC.                       410986     269850    5.957   12/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '74925GAA9'   RESIDENTIAL ACCREDIT LOANS, INC. 7%                    374273     190295        7   10/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '76113NAG8'   RESIDENTIAL ASSET SECURITIZATION TRUST                 515468     246297      6.5    7/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '767201AC0'   RIO TINTO FINANCE (USA) LTD.                           235000     161504      6.5    7/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '780097AU5'   ROYAL BANK OF SCOTLAND GROUP PLC                       200000      96628     7.64    3/31/2049
11/30/2008   JH INVESTMENT GRADE BOND   '78572MAF2'   SABMILLER PLC 6.50% 07/15/2018                         235000     208605      6.5    7/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '80585BAD2'   SBA CMBS TRUST                                         200000     138782    6.219   11/15/2035
11/30/2008   JH INVESTMENT GRADE BOND   '80585BAE0'   SBA CMBS TRUST                                         110000      74679    6.706   11/15/2035
11/30/2008   JH INVESTMENT GRADE BOND   '80585BAQ3'   SBA CMBS TRUST                                         665000     488010    6.174   11/15/2036
11/30/2008   JH INVESTMENT GRADE BOND   '806605AJ0'   SCHERING-PLOUGH CORP.                                  385000     360869        6    9/15/2017
11/30/2008   JH INVESTMENT GRADE BOND   '81683RAC8'   SEMINOLE TRIBE OF FLORIDA                              315000     327698    6.535    10/1/2020
11/30/2008   JH INVESTMENT GRADE BOND   '816851AL3'   SEMPRA ENERGY 8.9% 11/15/2013                          205000     203360      8.9   11/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '827065AB9'   SILICON VALLEY BANK                                    295000     248104     6.05     6/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '828807BF3'   SIMON PROPERTY GROUP LP                                320000     241946    5.625    8/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '78442FEH7'   SLM CORP.                                              290000     210336     8.45    6/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '78454AAA2'   SMFG PREFERRED CAPITAL                                 285000     197360    6.078    1/25/2049
11/30/2008   JH INVESTMENT GRADE BOND   '843646AF7'   SOUTHERN POWER CO.                                     430000     367619    4.875    7/15/2015
11/30/2008   JH INVESTMENT GRADE BOND   '84755TAA5'   SPECTRA ENERGY CAPITAL LLC                             185000     159345      6.2    4/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '85590AAK0'   STARWOOD HOTELS & RESORTS WORLDWIDE, INC.              235000     164500     6.25    2/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '86359AMY6'   STRUCTURED ASSET FLOAT 3/25/2033                       320191     243115    5.265    3/25/2033
11/30/2008   JH INVESTMENT GRADE BOND   '87151QAB2'   SYMETRA FINANCIAL CORP.                                210000     122076      8.3   10/15/2037
11/30/2008   JH INVESTMENT GRADE BOND   '87927VAV0'   TELECOM ITALIA CAPITAL SA                              365000     259150    7.721     6/4/2038
11/30/2008   JH INVESTMENT GRADE BOND   '872384AE2'   TEPPCO PARTNERS LP                                     565000     461620     6.65    4/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '884315AF9'   THOMAS & BETTS CORP.                                   480000     494386     7.25     6/1/2013
11/30/2008   JH INVESTMENT GRADE BOND   '88732JAP3'   TIME WARNER CABLE INC 8.7500% 2/14/2019                170000     167008     8.75    2/14/2019
11/30/2008   JH INVESTMENT GRADE BOND   '88732JAL2'   TIME WARNER CABLE, INC.                                285000     249955     6.75     7/1/2018
11/30/2008   JH INVESTMENT GRADE BOND   '902133AF4'   TYCO ELECTRONICS GROUP SA                              125000     108212     6.55    10/1/2017
11/30/2008   JH INVESTMENT GRADE BOND   '912828JR2'   UNITED STATES TREAS NTS 3.7500% 11/15/2018            2400000    2561626     3.75   11/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '912828JH4'   UNITED STATES TREAS NTS 4.0000% 8/15/2018             2515000    2741742        4    8/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '912828CP3'   UNITED STATES TREASURY                                 412059     367376        2    7/15/2014
11/30/2008   JH INVESTMENT GRADE BOND   '912828HZ6'   UNITED STATES TREASURY                                3320000    3583784    3.875    5/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '912810PU6'   UNITED STATES TREASURY                                 895000    1127840        5    5/15/2037
11/30/2008   JH INVESTMENT GRADE BOND   '91324PBA9'   UNITEDHEALTH GROUP, INC.                               160000     152490      5.5   11/15/2012
11/30/2008   JH INVESTMENT GRADE BOND   '912810PW2'   US TREASURY N/B 4.375% 02/15/2038                      850000     984739    4.375    2/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '903312AA4'   USB REALTY CORP.                                       300000     135000    6.091   12/22/2049
11/30/2008   JH INVESTMENT GRADE BOND   '92343VAP9'   VERIZON COMMUNICATIONS, INC.                           200000     167016      6.9    4/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '92344SAH3'   VERIZON WIRELESS 7.375% 11/15/2013                     205000     203097    7.375   11/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '92344SAG5'   VERIZON WIRELESS 8.5% 11/15/2018                       415000     418730      8.5   11/15/2018
11/30/2008   JH INVESTMENT GRADE BOND   '927804FG4'   VIRGINIA ELEC & POWER 8.875% 11/15/2038                165000     179251    8.875   11/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '92976GAG6'   WACHOVIA BANK NA 5.85% 2/1/2037                        235000     192052     5.85     2/1/2037
11/30/2008   JH INVESTMENT GRADE BOND   '92976GAJ0'   WACHOVIA BANK NA 6.6% 01/15/2038                       445000     381618      6.6    1/15/2038
11/30/2008   JH INVESTMENT GRADE BOND   '92922FX86'   WASHINGTON MUTUAL ALTERNATIVE LOAN TRUST               278996     189107      6.5    8/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '92922F4Y1'   WASHINGTON MUTUAL, INC.                                516837     129209    1.995   10/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '92925CBE1'   WASHINGTON MUTUAL, INC.                                148168      60264    1.745   12/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '92925CBL5'   WASHINGTON MUTUAL, INC.                                299505      74876    2.095   12/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '93934FPP1'   WASHINGTON MUTUAL, INC.                                372906     121195    3.605    5/25/2046
11/30/2008   JH INVESTMENT GRADE BOND   '93935PAW9'   WASHINGTON MUTUAL, INC.                                270854      22510    6.205    2/25/2037
11/30/2008   JH INVESTMENT GRADE BOND   '92922FG93'   WASHINGTON MUTUAL, INC.                                961805     420358    4.668    4/25/2035
11/30/2008   JH INVESTMENT GRADE BOND   '92922FJ74'   WASHINGTON MUTUAL, INC.                                581866      87280    1.995    4/25/2045
11/30/2008   JH INVESTMENT GRADE BOND   '928958AA5'   WATERFORD 3 FUNDING CORP.                              292671     308522     8.09     1/2/2017
11/30/2008   JH INVESTMENT GRADE BOND   '94985AAC3'   WELLS FARGO MORTGAGE BACKED SECURITES TRUST            586490     229246     5.66   10/25/2036
11/30/2008   JH INVESTMENT GRADE BOND   '983024AA8'   WYETH                                                  130000     128044      5.5    3/15/2013
11/30/2008   JH INVESTMENT GRADE BOND   '984121BQ5'   XEROX CORP.                                            335000     242875     6.75     2/1/2017
11/30/2008   JH STRATEGIC INCOME        'LN3832847'   ABITIBI BOWATER INC TRANCHE B 3/30/2009               2000000    1600000     11.5    3/30/2009
11/30/2008   JH STRATEGIC INCOME        'LN3832848'   ABITIBI BOWATER INC TRANCHE B 3/30/2009               2000000    1600000     11.5    3/30/2009
11/30/2008   JH STRATEGIC INCOME        'LN3832849'   ABITIBI CONSILIDATEDTRANCHE B 3/30/2009               2600000    2080000     11.5    3/30/2009
11/30/2008   JH STRATEGIC INCOME        '016745AJ0'   ALLBRITTON COMMUNICATIONS CO.                         8993000    5215940     7.75   12/15/2012
11/30/2008   JH STRATEGIC INCOME        '018772AB9'   ALLIANCE ONE INTERNATIONAL, INC.                      2435000    2045400       11    5/15/2012
11/30/2008   JH STRATEGIC INCOME        '019645AE0'   ALLIS-CHALMERS ENERGY, INC.                           3315000    1922700      8.5     3/1/2017
11/30/2008   JH STRATEGIC INCOME        '019736AB3'   ALLISON TRANSMISSION INC. 11.25% 11/1/2015            4820000    1928000    11.25    11/1/2015
11/30/2008   JH STRATEGIC INCOME        '019736AA5'   ALLISON TRANSMISSION, INC.                            5766000    2825340       11    11/1/2015
11/30/2008   JH STRATEGIC INCOME        '001669AQ3'   AMC ENTERTAINMENT, INC.                               6390000    3961800        8     3/1/2014
11/30/2008   JH STRATEGIC INCOME        '028740AF5'   AMERICAN PACIFIC CORP.                                4340000    3775800        9     2/1/2015
11/30/2008   JH STRATEGIC INCOME        '037735CD7'   APPALACHIAN POWER CO. 5% 6/1/2017                     2305000    1920383        5     6/1/2017
11/30/2008   JH STRATEGIC INCOME        '00206RAP7'   AT&T INC 6.7% 11/15/2013                              2730000    2718324      6.7   11/15/2013
11/30/2008   JH STRATEGIC INCOME        '05462GAA2'   AXTEL SAB DE CV                                       5000000    3400000    7.625     2/1/2017
11/30/2008   JH STRATEGIC INCOME        '05950XAE6'   BANC OF AMERICA COMMERCIAL MORTGAGE, INC.            11640000    7913038    5.414    9/10/2047
11/30/2008   JH STRATEGIC INCOME        '071707AN3'   BAUSCH & LOMB, INC.                                   3980000    3064600    9.875    11/1/2015
11/30/2008   JH STRATEGIC INCOME        'LN362716 '   BAUSCH & LOMB, INC.                                   1131450    1049383    8.392   10/26/2015
11/30/2008   JH STRATEGIC INCOME        '07401LAQ6'   BEAR STEARNS MORTGAGE FUNDING TRUST FLOAT             2496396     927322    1.615    8/25/2036
11/30/2008   JH STRATEGIC INCOME        '09348TAA6'   BLAZE RECYCLING & METALS, INC.                        1605000    1251900   10.875    7/15/2012
11/30/2008   JH STRATEGIC INCOME        'BNY112808'   BNY REPO 12/01/08 .20%                                9090000    9090000      0.2    12/1/2008
11/30/2008   JH STRATEGIC INCOME        '4471527 '    BONOS Y OBLIG DEL ESTADO,                             8520000   11440933      5.4    7/30/2011
11/30/2008   JH STRATEGIC INCOME        '10553HAE2'   BRASKEM SA                                            2800000    2737000    11.75    1/22/2014
11/30/2008   JH STRATEGIC INCOME        'B39QCF8 '    BUNDESREPUBLIK DEUTSCHLAND 4.2500% 7/04/2018         25430000   34911042     4.25     7/4/2018
11/30/2008   JH STRATEGIC INCOME        'B3D2QX8 '    BUNDESSCHATZANWEISUNGEN 4% 9/10/2010                 15300000   20064618        4    9/10/2010
11/30/2008   JH STRATEGIC INCOME        '056039AF7'   BWAY CORP.                                            5840000    5022400       10   10/15/2010
11/30/2008   JH STRATEGIC INCOME        '13509PBC6'   CANADA HOUSING TRUST                                  2340000    2016057      4.8    6/15/2012
11/30/2008   JH STRATEGIC INCOME        '12502CAR2'   CCH II LLC / CCH II CAPITAL CO 10.2500% 10/01/2013    5387000    2289475    10.25    10/1/2013
11/30/2008   JH STRATEGIC INCOME        '12502CAD3'   CCH II LLC/CCH II CAPITAL CORP.                       2100000    1065750    10.25    9/15/2010
11/30/2008   JH STRATEGIC INCOME        '14985VAA9'   CCM MERGER, INC.                                     10835000    6067600        8     8/1/2013
11/30/2008   JH STRATEGIC INCOME        '15133VAG4'   CENTENNIAL COMMUNICATIONS CORP.                       6815000    6849075       10     1/1/2013
11/30/2008   JH STRATEGIC INCOME        '12502BAC7'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                1960000     519400       11    10/1/2015
11/30/2008   JH STRATEGIC INCOME        '12502BAE3'   CHARTER COMMUNICATIONS HOLDINGS I, LLC                1040000     221000       11    10/1/2015
11/30/2008   JH STRATEGIC INCOME        '165167CC9'   CHESAPEAKE ENERGY CORP 7.2500% 12/15/2018             7080000    4956000     7.25   12/15/2018
11/30/2008   JH STRATEGIC INCOME        '171276AD0'   CHUKCHANSI ECONOMIC DEVELOPMENT AUTHORITY             2540000    1168400        8   11/15/2013
11/30/2008   JH STRATEGIC INCOME        '17133Q304'   CHUNGHWA TELECOM CO., LTD.                              35325     552483        0
11/30/2008   JH STRATEGIC INCOME        '20445RAA9'   CIA DE TRANSPORTE DE ENERGIA ELECTRICA EN ALTA        4685000    1592900    8.875   12/15/2016
11/30/2008   JH STRATEGIC INCOME        '22944HAA3'   CII CARBON, LLC                                       6890000    5374200   11.125   11/15/2015
11/30/2008   JH STRATEGIC INCOME        '171871AE6'   CINCINNATI BELL, INC.                                 5850000    4321688    8.375    1/15/2014
11/30/2008   JH STRATEGIC INCOME        '125581AH1'   CIT GROUP, INC.                                       1750000    1043641        5    2/13/2014
11/30/2008   JH STRATEGIC INCOME        '12513EAG9'   CITIGROUP/DEUTSCHE BANK COMMERCIAL MORTGAGE TRUST    10270000    7642490    5.225    7/15/2044
11/30/2008   JH STRATEGIC INCOME        '17453BAW1'   CITIZENS COMMUNICATIONS CO.,                          2770000    1599675    7.125    3/15/2019
11/30/2008   JH STRATEGIC INCOME        'B138NB9 '    COLT TELECOM GROUP SA                                   31242      28639        0
11/30/2008   JH STRATEGIC INCOME        'CMCSAAE10'   COMCAST @25 1/18/2010 WPV+AE CALL                        7000     980000        0    1/18/2010
11/30/2008   JH STRATEGIC INCOME        '20030NAG6'   COMCAST CORP 4.9500% 6/15/2016                        1800000    1479134     4.95    6/15/2016
11/30/2008   JH STRATEGIC INCOME        '12543DAF7'   COMMUNITY HEALTH SYSTEMS, INC.                        2890000    2319225    8.875    7/15/2015
11/30/2008   JH STRATEGIC INCOME        '22111YAB1'   COSAN SA INDUSTRIA E COMERCIO                         5750000    2860625     8.25    2/15/2049
11/30/2008   JH STRATEGIC INCOME   '02151UAB2'   COUNTRYWIDE ALT LN TR 6.5% 11/25/2037                  6577067    3142608      6.5   11/25/2037
11/30/2008   JH STRATEGIC INCOME   '22822RAM2'   CROWN CASTLE TOWERS LLC                                3210000    2089715     6.65   11/15/2036
11/30/2008   JH STRATEGIC INCOME   '22822RAN0'   CROWN CASTLE TOWERS, LLC                               3835000    2508476    6.795   11/15/2036
11/30/2008   JH STRATEGIC INCOME   '126304AU8'   CSC HOLDINGS 8.5% 6/15/2015                            3680000    2971600      8.5    6/15/2015
11/30/2008   JH STRATEGIC INCOME   'JHFCAD226'   CURRENCY USD CALL/SELL CAD PUT @1.3 2/25/10 CALL      27400000    1451401        0    2/25/2010
11/30/2008   JH STRATEGIC INCOME   'JHFCAD226'   CURRENCY USD CALL/SELL CAD PUT @1.3 2/25/10 CALL     -27400000   -1451401        0    2/25/2010
11/30/2008   JH STRATEGIC INCOME   'JHFCAD410'   CURRENCY USD CALL/SELL CAD PUT @1.3 4/01/10 PUT       27890000    1863707        0     4/1/2010
11/30/2008   JH STRATEGIC INCOME   'JHFCAD410'   CURRENCY USD CALL/SELL CAD PUT @1.3 4/01/10 PUT      -27890000   -1863707        0     4/1/2010
11/30/2008   JH STRATEGIC INCOME   'JHFEUR209'   CURRENCY USD/EUR BINARY @1.2 2/26/2009 CALL            2760000    1609076        0    2/26/2009
11/30/2008   JH STRATEGIC INCOME   'EUR051409'   CURRENCY USD/EUR ONE TOUCH US BINARY 5/14/09 CALL      6500000     800144        0    5/14/2009
11/30/2008   JH STRATEGIC INCOME   'B10SWV5 '    DAIMLERCHRYSLER NA HOLDINGS CORP.                      8755000    9554995    4.375    3/21/2013
11/30/2008   JH STRATEGIC INCOME   '233046AB7'   DB MASTER FINANCE LLC                                   500000     384910    8.285    6/20/2031
11/30/2008   JH STRATEGIC INCOME   'LN329507A'   DELTA AIRLINES INC. TERM LOAN 4/30/2014                1595962     782021    5.831    4/30/2014
11/30/2008   JH STRATEGIC INCOME   'LN3295070'   DELTA AIRLINES INC. TERM LOAN 4/30/2014                4295514    2104802    5.831    4/30/2014
11/30/2008   JH STRATEGIC INCOME   'LN3295073'   DELTA AIRLINES INC. TERM LOAN 4/30/2014                1077281     527868    5.831    4/30/2014
11/30/2008   JH STRATEGIC INCOME   '247367BH7'   DELTA AIRLINES, INC.                                   4352127    2741840    6.821    8/10/2022
11/30/2008   JH STRATEGIC INCOME   '251566105'   DEUTSCHE TELEKOM AG                                       8253     113396        0
11/30/2008   JH STRATEGIC INCOME   '25380WAA4'   DIGICEL GROUP LTD.                                     5000000    2575000    8.875    1/15/2015
11/30/2008   JH STRATEGIC INCOME   '25746UBB4'   DOMINION RESOURCES 5.60% 11/15/2016                    2305000    2000703      5.6   11/15/2016
11/30/2008   JH STRATEGIC INCOME   '25755TAB6'   DOMINOS PIZZA MASTER ISSUER LLC                        5660000    3480900    7.629    4/25/2037
11/30/2008   JH STRATEGIC INCOME   '262277AA4'   DRUMMOND CO., INC.                                     8890000    4889500    7.375    2/15/2016
11/30/2008   JH STRATEGIC INCOME   'LN550175 '   EAST VALLEY TOURIST DEVELOPMENT AUTHORITY               500000     325000        0     8/6/2012
11/30/2008   JH STRATEGIC INCOME   'B11TMV7 '    EUROPEAN INVESTMENT BANK,                              2955000    4565544    4.375     3/6/2009
11/30/2008   JH STRATEGIC INCOME   '31396RNR4'   FEDERAL HOME LOAN MORTGAGE CORP.                      13001810   12706432      5.5    5/15/2034
11/30/2008   JH STRATEGIC INCOME   '31397C3U1'   FEDERAL HOME LOAN MORTGAGE CORP.                      25320000   24414932      5.5   10/15/2034
11/30/2008   JH STRATEGIC INCOME   '31411ASA4'   FEDERAL NATIONAL MORTGAGE ASSN.                        5410994    5540985        6    11/1/2036
11/30/2008   JH STRATEGIC INCOME   '31411EXA0'   FEDERAL NATIONAL MORTGAGE ASSN.                       14510364   14858952        6     1/1/2037
11/30/2008   JH STRATEGIC INCOME   '31411HN89'   FEDERAL NATIONAL MORTGAGE ASSN.                        8816717    8972043      5.5     2/1/2037
11/30/2008   JH STRATEGIC INCOME   '31412AWE0'   FEDERAL NATIONAL MORTGAGE ASSN.                        5525140    5656146        6     9/1/2037
11/30/2008   JH STRATEGIC INCOME   '31396K3D2'   FEDERAL NATIONAL MORTGAGE ASSN.                        7905000    7725266      5.5    8/25/2035
11/30/2008   JH STRATEGIC INCOME   '31396LC40'   FEDERAL NATIONAL MORTGAGE ASSN.                       16925000   16149148      5.5    7/25/2035
11/30/2008   JH STRATEGIC INCOME   '31412XJG0'   FEDERAL NATIONAL MORTGAGE ASSN.                        5635272    5734549      5.5     6/1/2037
11/30/2008   JH STRATEGIC INCOME   '31413FX64'   FEDERAL NATIONAL MORTGAGE ASSN.                        5435557    5531317      5.5     7/1/2037
11/30/2008   JH STRATEGIC INCOME   '31413QW95'   FEDERAL NATIONAL MORTGAGE ASSN.                       17627413   17937959      5.5     9/1/2037
11/30/2008   JH STRATEGIC INCOME   '31412ME46'   FEDERAL NATIONAL MORTGAGE ASSN.,                      15330723   15513972        5    12/1/2022
11/30/2008   JH STRATEGIC INCOME   '31396KAS1'   FEDERAL NATIONAL MORTGAGE ASSN.,                       6470000    6318129      5.5    5/25/2035
11/30/2008   JH STRATEGIC INCOME   '31371NXC4'   FN 257275 5% 6/1/2023                                  1914004    1936882        5     6/1/2023
11/30/2008   JH STRATEGIC INCOME   '34460XAA7'   FONTAINEBLEAU LAS VEGAS                                3455000     449150    10.25    6/15/2015
11/30/2008   JH STRATEGIC INCOME   'JHFFONUNI'   FONTAINEBLEAU LAS VEGAS                                  67568      64865        0
11/30/2008   JH STRATEGIC INCOME   '345397VE0'   FORD MOTOR CREDIT CO., LLC                             4800000    2424288     9.75    9/15/2010
11/30/2008   JH STRATEGIC INCOME   'JHFFONPFD'   FOUNTAINEBLEAU LAS VEGAS                               3494330     497942     12.5     6/1/2022
11/30/2008   JH STRATEGIC INCOME   '7426881 '    FRANCE, GOVERNMENT OF                                 10700000   14489841     4.75   10/25/2012
11/30/2008   JH STRATEGIC INCOME   'B1BRYB5 '    GE CAP AUSTRALIA FUNDING 6.5 11/15/11                  7900000    4682488      6.5   11/15/2011
11/30/2008   JH STRATEGIC INCOME   'B05QH12 '    GENERAL ELECTRIC CAPITAL CORP.                        19500000   10118054    6.625     2/4/2010
11/30/2008   JH STRATEGIC INCOME   '7281466 '    GERMANY, FEDERAL REPUBLIC OF                           8590000   11729521        5     1/4/2012
11/30/2008   JH STRATEGIC INCOME   '36246MAH2'   GLOBAL TOWER PARTNERS ACQUISITION PARTNERS, LLC        1840000    1650609    7.874    5/15/2037
11/30/2008   JH STRATEGIC INCOME   '38869PAB0'   GRAPHIC PACKAGING INTERNATIONAL, INC.                  2100000    1722000      8.5    8/15/2011
11/30/2008   JH STRATEGIC INCOME   '38869PAD6'   GRAPHIC PACKAGING INTERNATIONAL, INC.                  5550000    3829500      9.5    8/15/2013
11/30/2008   JH STRATEGIC INCOME   'LN318112 '   GREAT CANADIAN GAMING CORP.                            4863375    3744799    3.675    2/14/2014
11/30/2008   JH STRATEGIC INCOME   '389914AD4'   GREAT CANADIAN GAMING CORP.,                           1250000     862500     7.25    2/15/2015
11/30/2008   JH STRATEGIC INCOME   '392484AA9'   GREEKTOWN HOLDINGS, LLC                                8805000    1805025    10.75    12/1/2013
11/30/2008   JH STRATEGIC INCOME   '39538WCA4'   GREENPOINT MORTGAGE FUNDING TRUST                      5987242    1840689    1.755   10/25/2045
11/30/2008   JH STRATEGIC INCOME   '39538WFK9'   GREENPOINT MORTGAGE FUNDING TRUST                      3492802    1394163    1.765    2/25/2036
11/30/2008   JH STRATEGIC INCOME   '20173MAE0'   GREENWICH CAPITAL COMMERCIAL FUNDING CORP.             9865000    6980972    5.914    7/10/2038
11/30/2008   JH STRATEGIC INCOME   '40050BAB6'   GRUPO IUSACELL SA DE CV                                2159966    1317579       10   12/31/2013
11/30/2008   JH STRATEGIC INCOME   '40052CAA4'   GRUPO KUO SAB DE CV                                    3380000    2298400     9.75   10/17/2017
11/30/2008   JH STRATEGIC INCOME   '410345AE2'   HANESBRANDS, INC.                                      2840000    1831800    6.508   12/15/2014
11/30/2008   JH STRATEGIC INCOME   '41043FAG4'   HANGER ORTHOPEDIC GROUP, INC.                          4446000    3779100    10.25     6/1/2014
11/30/2008   JH STRATEGIC INCOME   '41162BAA1'   HARBORVIEW MORTGAGE LOAN TRUST                         5926405    2175001    3.515   12/19/2036
11/30/2008   JH STRATEGIC INCOME   '41161AAA4'   HARBORVIEW NIM CORP.                                     34143      19461    6.654    5/19/2037
11/30/2008   JH STRATEGIC INCOME   '40429UAA0'   HRP MYRTLE BEACH OPERATIONS, LLC,                      4915000    2162600        0     4/1/2012
11/30/2008   JH STRATEGIC INCOME   '451663AC2'   IDEARC, INC.                                           2720000     224400        8   11/15/2016
11/30/2008   JH STRATEGIC INCOME   'LN3445060'   IM US HOLDINGS LLC                                     1095000     725438    7.679    6/26/2015
11/30/2008   JH STRATEGIC INCOME   '45380RAA3'   INDEPENDENCIA INTERNATIONAL LTD.                       5000000    1987500    9.875    1/31/2017
11/30/2008   JH STRATEGIC INCOME   '45380RAB1'   INDEPENDENCIA INTERNATIONAL LTD.                       1775000     705563    9.875    5/15/2015
11/30/2008   JH STRATEGIC INCOME   '455209AA4'   INDIANAPOLIS DOWNS LLC/                                5405000    2567375       11    11/1/2012
11/30/2008   JH STRATEGIC INCOME   'B035FL7 '    INSTITUT CREDITO OFICIAL,                              4430000    6982540        5    12/7/2009
11/30/2008   JH STRATEGIC INCOME   'EG4421079'   INTER-AMERICAN DEVELOPMENT BANK                       16285000    9559028     7.25    5/24/2012
11/30/2008   JH STRATEGIC INCOME   '458182DC3'   INTER-AMERICAN DEVELOPMENT BANK                        4770000    3983615     4.25    12/2/2012
11/30/2008   JH STRATEGIC INCOME   'B2PWSW2 '    INTERNATIONAL FINANCE CORP.,                           6510000    4742123      7.5    2/28/2013
11/30/2008   JH STRATEGIC INCOME   '460146CA9'   INTERNATIONAL PAPER CO.                                2990000    2346950     7.95    6/15/2018
11/30/2008   JH STRATEGIC INCOME   'B28HXX0 '    IREALAND, GOVERNMENT OF                                9095000   11830814      4.5   10/18/2018
11/30/2008   JH STRATEGIC INCOME   '469815AG9'   JACOBS ENTERTAINMENT, INC.                            10070000    4632200     9.75    6/15/2014
11/30/2008   JH STRATEGIC INCOME   '51508LAC7'   LANDRY'S RESTAURANTS, INC.,                            8380000    7583900      9.5   12/15/2014
11/30/2008   JH STRATEGIC INCOME   'B08HF52 '    LANDWIRTSCH, RENTENBANK 6.625% 5/27/2010               6500000    3653570    6.625    5/27/2010
11/30/2008   JH STRATEGIC INCOME   'B02N4T3 '    LANDWIRTSCHAFTLICHE RENTENBANK                         4960000    2753178      6.5    9/17/2009
11/30/2008   JH STRATEGIC INCOME   '525221HB6'   LEHMAN XS TRUST                                        5998518    1942747    1.735    2/25/2046
11/30/2008   JH STRATEGIC INCOME   '86359DUT2'   LEHMAN XS TRUST                                        1467966     495465    1.755   11/25/2035
11/30/2008   JH STRATEGIC INCOME   '53079EAR5'   LIBERTY MUTUAL GROUP 06/15/2058                        4910000    2593928    10.75    6/15/2058
11/30/2008   JH STRATEGIC INCOME   '537535AA4'   LITTLE TRAVERSE BAY BANDS OF ODAWA INDIANS             5000000    3275000    10.25    2/15/2014
11/30/2008   JH STRATEGIC INCOME   '56075RAF9'   MAJESTIC STAR CASINO LLC                               3030000    1015050        0   10/15/2010
11/30/2008   JH STRATEGIC INCOME   '562567AF4'   MANDALAY RESORT GROUP                                  3850000    2098250    9.375    2/15/2010
11/30/2008   JH STRATEGIC INCOME   '563486109'   MANITOBA TELECOM SERVICES, INC.                            910      29071        0
11/30/2008   JH STRATEGIC INCOME   '563571AF5'   MANITOWOC CO., INC. (THE)                              5300000    4240000    7.125    11/1/2013
11/30/2008   JH STRATEGIC INCOME   '570506AE5'   MARKWEST ENERGY PARTNERS LP                            7135000    4673425      8.5    7/15/2016
11/30/2008   JH STRATEGIC INCOME   '570506AH8'   MARKWEST ENERGY PARTNERS LP / MA 8.7500% 4/15/2018     1395000     878850     8.75    4/15/2018
11/30/2008   JH STRATEGIC INCOME   '57143VAC3'   MARQUEE HOLDINGS, INC.                                 3595000    2031175    9.505    8/15/2014
11/30/2008   JH STRATEGIC INCOME   '574754AE7'   MASHANTUCKET WESTERN PEQUOT TRIBE                      4910000    1865800      8.5   11/15/2015
11/30/2008   JH STRATEGIC INCOME   '582411AF1'   MCMORAN EXPLORATION CO.                                2035000    1480463   11.875   11/15/2014
11/30/2008   JH STRATEGIC INCOME   '593048BA8'   MEXICAN STATES, UNITED                                 3800000    4712000   11.375    9/15/2016
11/30/2008   JH STRATEGIC INCOME   '594087AJ7'   MICHAELS STORES INC. 10% 11/1/2014                     5000000    1575000       10    11/1/2014
11/30/2008   JH STRATEGIC INCOME   '603420AA8'   MINERVA OVERSEAS LTD.                                  7890000    3846375      9.5     2/1/2017
11/30/2008   JH STRATEGIC INCOME   '608328AK6'   MOHEGAN TRIBAL GAMING AUTHORITY                        2450000    1543500        8     4/1/2012
11/30/2008   JH STRATEGIC INCOME   '608328AM2'   MOHEGAN TRIBAL GAMING AUTHORITY                        5080000    4267200    6.375    7/15/2009
11/30/2008   JH STRATEGIC INCOME   '608328AP5'   MOHEGAN TRIBAL GAMING AUTHORITY                        5540000    3130100    7.125    8/15/2014
11/30/2008   JH STRATEGIC INCOME   '553769AC4'   MTR GAMING GROUP, INC.                                 3450000    2570250     9.75     4/1/2010
11/30/2008   JH STRATEGIC INCOME   '3427651 '    NEW SOUTH WALES TREASURY CORP.                        58830000   40783273        7    12/1/2010
11/30/2008   JH STRATEGIC INCOME   '651715AD6'   NEWPAGE CORP 10.0000% 5/01/2012                        2540000    1371600       10     5/1/2012
11/30/2008   JH STRATEGIC INCOME   '62912XAB0'   NGPL PIPECO LLC                                        2510000    2157699    7.119   12/15/2017
11/30/2008   JH STRATEGIC INCOME   '667294BE1'   NORTHWEST AIRLINES, INC.                               7240000    4126800    7.027    11/1/2019
11/30/2008   JH STRATEGIC INCOME   '675758AA4'   ODEBRECHT FINANCE LTD.                                 2785000    2088750      7.5   10/18/2017
11/30/2008   JH STRATEGIC INCOME   'EG2503126'   OI EUROPEAN GROUP BV                                   1715000    1568817    6.875    3/31/2017
11/30/2008   JH STRATEGIC INCOME   '681936AM2'   OMEGA HEALTHCARE INVESTORS, INC.                        600000     501000        7     4/1/2014
11/30/2008   JH STRATEGIC INCOME   '683234WM6'   ONTARIO, PROVINCE OF,                                  8915000    7389990      4.5     3/8/2015
11/30/2008   JH STRATEGIC INCOME   '683234XF0'   ONTARIO, PROVINCE OF,                                 15840000    8964755     6.25    6/16/2015
11/30/2008   JH STRATEGIC INCOME   '683234YC6'   ONTARIO, PROVINCE OF,                                  9625000    7814705      4.4     3/8/2016
11/30/2008   JH STRATEGIC INCOME   'B0M9LG7 '    ONTARIO, PROVINCE OF,                                  4930000    2782288    6.375   10/12/2010
11/30/2008   JH STRATEGIC INCOME   '68555GAA8'   ORASCOM TELECOM FINANCE SCA                            2250000    1237500    7.875     2/8/2014
11/30/2008   JH STRATEGIC INCOME   '69073TAJ2'   OWENS-BROCKWAY GLASS CONTAINER, INC.                   3200000    3008000     8.25    5/15/2013
11/30/2008   JH STRATEGIC INCOME   '695257105'   PACTIV CORP.                                             27426     685376        0
11/30/2008   JH STRATEGIC INCOME   '723456AG4'   PINNACLE ENTERTAINMENT, INC.                           1800000     990000      7.5    6/15/2015
11/30/2008   JH STRATEGIC INCOME   '730857AA7'   POKAGON GAMING AUTHORITY                               2329000    1968005   10.375    6/15/2014
11/30/2008   JH STRATEGIC INCOME   '732827AB6'   POPE & TALBOT, INC.                                    3000000      30000    8.375     6/1/2013
11/30/2008   JH STRATEGIC INCOME   '732827AD2'   POPE & TALBOT, INC.                                    5250000      52500    8.375     6/1/2013
11/30/2008   JH STRATEGIC INCOME                               '748148RK1'     QUEBEC, PROVINCE OF                                13800000   11929289    5.25    10/1/2013
11/30/2008   JH STRATEGIC INCOME                               '74955WAG4'     R. H. DONNELLEY CORP. 8.875% 1/15/2016              5000000     650000   8.875    1/15/2016
11/30/2008   JH STRATEGIC INCOME                               '74924DAA7'     RESIDENTIAL ACCREDIT LOANS INC 6.5000% 9/25/2037    4418738    2111331     6.5    9/25/2037
11/30/2008   JH STRATEGIC INCOME                               '74925GAA9'     RESIDENTIAL ACCREDIT LOANS, INC. 7%                 3655691    1858692       7   10/25/2037
11/30/2008   JH STRATEGIC INCOME                               '77509NAM5'     ROGERS CABLE, INC.,                                 6750000    5482511    7.25   12/15/2011
11/30/2008   JH STRATEGIC INCOME                               '80585BAT7'     SBA CMBS TRUST                                      2370000    2257887   7.389   11/15/2036
11/30/2008   JH STRATEGIC INCOME                               '80585BAU4'     SBA CMBS TRUST                                      2015000    1841521   7.825   11/15/2036
11/30/2008   JH STRATEGIC INCOME                               '858057AA0'     SEVERSTAL STELL CAP OAO 9.75% 7/29/2013             1120000     481600    9.75    7/29/2013
11/30/2008   JH STRATEGIC INCOME                               '82028KAK7'     SHAW COMMUNICATIONS, INC.                           9000000    7036502     6.1   11/16/2012
11/30/2008   JH STRATEGIC INCOME                               '82028KAM3'     SHAW COMMUNICATIONS, INC.,                          2325000    1668650     5.7     3/2/2017
11/30/2008   JH STRATEGIC INCOME                               '829226AM1'     SINCLAIR BROADCAST GROUP, INC.                      3397000    2649660       8    3/15/2012
11/30/2008   JH STRATEGIC INCOME                               '82966UAK9'     SIRIUS SATELLITE RADIO, INC.                        6950000    1702750   9.625     8/1/2013
11/30/2008   JH STRATEGIC INCOME                               '82967N108'     SIRIUS XM RADIO INC                                 3725443     776010       0
11/30/2008   JH STRATEGIC INCOME                               '78442FEH7'     SLM CORP.                                           6425000    4660027    8.45    6/15/2018
11/30/2008   JH STRATEGIC INCOME                               '832727101'     SMURFIT-STONE CONTAINER CORP.                        597299     340460       0
11/30/2008   JH STRATEGIC INCOME                               '83272AAC8'     SMURFIT-STONE CONTAINER ENERPRISES, INC.            2265000     600225       8    3/15/2017
11/30/2008   JH STRATEGIC INCOME                               '833312AB7'     SNOQUALMIE ENTERTAINMENT AUTHORITY                  2865000    1661700   9.125     2/1/2015
11/30/2008   JH STRATEGIC INCOME                               '844030AH9'     SOUTHERN UNION CO.                                  3355000    1857499     7.2    11/1/2066
11/30/2008   JH STRATEGIC INCOME                               '852060AS1'     SPRINT CAPITAL CORP.                                7905000    5375400   8.375    3/15/2012
11/30/2008   JH STRATEGIC INCOME                               '861589AZ2'     STONE CONTAINER CORP.                               7990000    2237200   8.375     7/1/2012
11/30/2008   JH STRATEGIC INCOME                               '78473TAJ9'     SUNTRUST ADJUSTABLE RATE MORTGAGE LOAN TRUST        9910692    6326744   5.731    4/25/2037
11/30/2008   JH STRATEGIC INCOME                               '87151QAB2'     SYMETRA FINANCIAL CORP.                             2585000    1502695     8.3   10/15/2037
11/30/2008   JH STRATEGIC INCOME                               '87484EAB7'     TAM CAPITAL INC.,                                   3135000    1434263   7.375    4/25/2017
11/30/2008   JH STRATEGIC INCOME                               '87612BAA0'     TARGA RESOURCES PARTNERS 8.250% 07/01/2016          1895000    1231750    8.25     7/1/2016
11/30/2008   JH STRATEGIC INCOME                               '880349AH8'     TENNECO, INC.                                       3865000    1430050   8.625   11/15/2014
11/30/2008   JH STRATEGIC INCOME                               '882330AA1'     TEXAS COMPETITIVE ELECTRIC HOLDINGS CO. LLC         8945000    5724800   10.25    11/1/2015
11/30/2008   JH STRATEGIC INCOME                               '88732JAP3'     TIME WARNER CABLE INC 8.7500% 2/14/2019             1380000    1355712    8.75    2/14/2019
11/30/2008   JH STRATEGIC INCOME                               '88732JAL2'     TIME WARNER CABLE, INC.                             3770000    3306426    6.75     7/1/2018
11/30/2008   JH STRATEGIC INCOME                               '900419AA0'     TURNING STONE CASINO RESORT ENTERPRISE              1275000    1058250   9.125   12/15/2010
11/30/2008   JH STRATEGIC INCOME                               '90041NAA9'     TURNING STONE RESORT & CASINO                       9620000    7311200   9.125    9/15/2014
11/30/2008   JH STRATEGIC INCOME                               '3046874 '      UNITED KINGDOM GILT 5.000% 03/07/2012               4015000    6545879       5     3/7/2012
11/30/2008   JH STRATEGIC INCOME                               'B1VWPC8 '      UNITED KINGDOM GILT 5.000% 03/07/2018               4240000    7140092       5     3/7/2018
11/30/2008   JH STRATEGIC INCOME                               '912810DV7'     UNITED STATES TREASURY                              8600000   12110546    9.25    2/15/2016
11/30/2008   JH STRATEGIC INCOME                               '912810ED6'     UNITED STATES TREASURY                              5225000    7323161   8.125    8/15/2019
11/30/2008   JH STRATEGIC INCOME                               '912828CJ7'     UNITED STATES TREASURY                              6000000    6877032    4.75    5/15/2014
11/30/2008   JH STRATEGIC INCOME                               '912828EE6'     UNITED STATES TREASURY                             11015000   12355735    4.25    8/15/2015
11/30/2008   JH STRATEGIC INCOME                               '912828FQ8'     UNITED STATES TREASURY                              8795000   10112192   4.875    8/15/2016
11/30/2008   JH STRATEGIC INCOME                               'LN326440D'     US AIRWAYS GROUP INC. 3/23/2014                     2700000    1243350   3.936    3/23/2014
11/30/2008   JH STRATEGIC INCOME                               'LN3264401'     US AIRWAYS GROUP INC. 3/23/2014                     1834848     844948   3.936    3/23/2014
11/30/2008   JH STRATEGIC INCOME                               'LN3264400'     US AIRWAYS GROUP INC. 3/23/2014                      968182     445848   3.936    3/23/2014
11/30/2008   JH STRATEGIC INCOME                               '90341G103'     USA MOBILITY, INC.                                    25267     275410       0
11/30/2008   JH STRATEGIC INCOME                               '92201QAA4'     VANGENT, INC.,                                      2075000    1203500   9.625    2/15/2015
11/30/2008   JH STRATEGIC INCOME                               '92344SAH3'     VERIZON WIRELESS 7.375% 11/15/2013                  3000000    2972154   7.375   11/15/2013
11/30/2008   JH STRATEGIC INCOME                               '92531XAC6'     VERSO PAPER HOLDINGS LLC                            1995000     957600   9.125     8/1/2014
11/30/2008   JH STRATEGIC INCOME                               '92769L119'     VIRGIN MEDIA, INC. (I)                                28043        841       0    1/13/2011
11/30/2008   JH STRATEGIC INCOME                               '92849TAA6'     VITERRA INC. 8% 4/8/2013                            5800000    4723806       8     4/8/2013
11/30/2008   JH STRATEGIC INCOME                               'B1Q8JL8 '      VOLKSWAGON FINANCE SERVICE AG 5.375% 1/25/2012      1840000    2324243   5.375    1/25/2012
11/30/2008   JH STRATEGIC INCOME                               '92922FJ74'     WASHINGTON MUTUAL, INC.                             8254022    1238103   1.995    4/25/2045
11/30/2008   JH STRATEGIC INCOME                               '92922F4Y1'     WASHINGTON MUTUAL, INC.                             5155006    1288752   1.995   10/25/2045
11/30/2008   JH STRATEGIC INCOME                               '941388AH3'     WATERFORD GAMING, LLC                               4416000    4173120   8.625    9/15/2014
11/30/2008   JH STRATEGIC INCOME                               '94984GAA5'     WELLS FARGO MORTGAGE-BACKED SECURITIES TRUST        9479665    5551609    6.03    9/25/2036
11/30/2008   JH STRATEGIC INCOME                               '952355AF2'     WEST CORP.                                          7705000    3313150      11   10/15/2016
11/30/2008   JH STRATEGIC INCOME                               '98375NAA8'     XM SATELLITE RADIO HOLDINGS 13% 8/1/2013           13010000    3317550      13     8/1/2013
11/30/2008   JH STRATEGIC INCOME                               '983759AC5'     XM SATELLITE RADIO HOLDINGS, INC.                   2445000     910763      10    12/1/2009
11/30/2008   JH STRATEGIC INCOME                               '984756AB2'     YANKEE ACQUISITION CORP.                            5000000    2325000     8.5    2/15/2015
11/30/2008   JH STRATEGIC INCOME                               '984756AD8'     YANKEE ACQUISITION CORP. 9.75% 2/15/2017             510000     191250    9.75    2/15/2017
11/30/2008   JH STRATEGIC INCOME                               '987434AM9'     YOUNG BROADCASTING, INC.                            4960000      74400      10     3/1/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   003669AK4       ABITIBI-CONSOLIDATED COMPANY OF CANADA              1072000     310880    15.5    7/15/2010
11/30/2008   John Hancock Funds II Floating Rate Income Fund        4.24E+12   ACOSTA, TRANCHE B                                   2224731    1446075    8.25    8/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   00599B9K0       ACTIVANT SOLUTIONS, INC., TRANCHE B                 3138548    1914515       0     5/2/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919TZGII6       ADESA, INC., TRANCHE B                              3847608    2282913     7.6    9/22/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   00899H9L2       AFFINION GROUP, TRANCHE B                           6000000    4279998   6.844   10/17/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   917QAPII1       ALLIED WASTE INDUSTRIES, INC., TRANCHE B            2372727    2278665       5    3/25/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   00299F9W8       ALLISON TRANSMISSION, INC., TRANCHE B               6259233    3728713       0     8/7/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   02099E9G4       ALLTEL COMMUNICATIONS, INC., TRANCHE B2             9945064    9417418       0    5/15/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   02799B9D0       AMC ENTERTAINMENT, INC.                             2000000    1519000   6.717    1/26/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   0329929U5       AMSCAN HOLDINGS, INC., TRANCHE B                    6665486    4765822    7.61     5/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   00499J9V0       ARAMARK CORP.                                       9342961    7401961   7.579    1/31/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   04599F9E7       ASHMORE ENERGY INTERNATIONAL, TRANCHE B             4464347    2912986       0    5/30/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   04699A9X5       ASURION CORP. TRANCHE B                             6500000    4355000   7.466     7/2/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   07179A9J8       BAUSCH & LOMB, INC., TRANCHE B                      5968980    4431968    8.25    4/11/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   0869939S3       BERRY PLASTICS HOLDING COMPANY                      4464716    2949195       0     4/3/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   0906139C6       BIOMET, INC., TRANCHE B                             3474849    2824402       0    3/25/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919VDQII3       BOLTHOUSE FARMS, INC., TRANCHE B                    5214263    4041054    6.59   12/16/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   10499G9H6       BRAN D ENERGY SERVICES, TRANCHE B                   5185101    3543151    7.65     2/7/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   89599B9M9       BRENNTAG TERM LOAN B                                2500000    1825000   7.097   12/23/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   12686X9W5       CABLEVISION SYSTEMS CORP., TRANCHE B                8314866    6882863    6.45    3/30/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   13199E9D7       CALPINE CORP.                                      11191206    7751466     8.6    3/29/2009
11/30/2008   John Hancock Funds II Floating Rate Income Fund   14399A9U3       CARMIKE CINEMAS, INC.                               2901539    2125378    6.59    5/19/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   914PVPII3       CARMIKE CINEMAS, INC., TERM LOAN                    3949604    2893085   8.365    5/19/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   14999N9C9       CCM MERGER, INC., TRANCHE B                         4063375    1828519    5.65    7/21/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   15099D9G8       CEDAR FAIR LP, TRANCHE B                            3473350    2365352       8    6/13/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   15099D9L7       CENTENNIAL CELLULAR, TRANCHE B                      3556722    3334427   7.554     2/9/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   13599F9D0       CGG, TRANCHE B                                      6231690    5078827   7.503    1/30/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   16299E9C1       CHARTER COMMUNICATIONS, INC., TRANCHE B            12856519    8640648   7.452    3/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   16299B9G8       CHARTER COMMUNICATIONS, INC., TRANCHE B2            3521566    2685194   7.868     3/6/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   165167BY2       CHESAPEAKE ENERGY CORP.                             5895000    4716000   7.625    7/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   17199G9L5       CHRYSLER FINANCIAL, TRANCHE B                       1736842     917631       0     8/3/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919TZFII8       CITADEL BROADCASTING CORP., TRANCHE B               3000000    1080000    6.86    6/12/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   17453BAS0       CITIZENS COMMUNICATIONS COMPANY                      600000     294000   7.875    1/15/2027
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919TZDII3       CMP SUSQUEHANNA CORP.                               1488149     424122     7.4     6/7/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   02199C9S1       COMMUNITY HEALTH SYSTEMS, INC., TRANCHE B          15870914   11652726   7.614     7/2/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   12899S9E9       CONSTELLATION BRANDS, INC.                          3997605    3404460       0     6/5/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   210805DJ3       CONTINENTAL AIRLINES, INC., SERIES 01-1             1030000     849750   6.503    6/15/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   210805BU0       CONTINENTAL AIRLINES, INC., SERIES 974A             1233754     974665     6.9     1/2/2018
11/30/2008   John Hancock Funds II Floating Rate Income Fund   222372AP9       COUNTRYWIDE FINANCIAL CORP.                         2600000    2548000       0    5/15/2037
11/30/2008   John Hancock Funds II Floating Rate Income Fund   23999C9N0       DAVITA, TRANCHE B1                                  3000000    2541564     6.8    3/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   24799F9K9       DELTA AIR LINES, INC., TRANCHE A                    4894988    3118107   6.377    4/30/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund        1.43E+07   DEX MEDIA WEST LLC, TRANCHE B                       5000000    2450000       0   10/13/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   913TBNII3       DIRECT TV HOLDINGS, INC., TRANCHE C                 7980000    6975853       0    4/13/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   25899A9N0       DOLE FOOD COMPANY, INC., LETTER OF CREDIT           4433269    3115954    6.75    4/12/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   25699E9Y0       DOLLAR GENERAL CORP., TRANCHE B                     4000000    3067000   7.706    7/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   26399X9X1       DUBAI AEROSPACE ENTERPRISE, TERM LOAN STRIP         5979195    3408141    8.45    7/31/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   26899L9C8       DYNEGY HOLDINGS, INC.                               6497360    4786390       0     4/2/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   29899M9A4       EDUCATION MANAGEMENT, TRANCHE C                     3580451    2360860    7.66    6/12/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   29299H9L7       ENERGY FUTURE HOLDINGS CORP., TRANCHE B3           15391078   10376157     8.5   10/10/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   30399Z9G5       EXPRESS ENERGY SERVICE, TERM LOAN                   3950000    2765000       0     7/2/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   3169999J2       FENWAL                                              3982707    2529019    7.61     3/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   3192449L5       FIRST DATA CORP., TRANCHE B2                        7695470    5239076   8.091   10/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   00499N9D1       FORD MOTOR COMPANY, TRANCHE B                       2984810    1091587   8.466   11/29/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   345397VH3       FORD MOTOR CREDIT COMPANY LLC                       5400000    2634557      12    5/15/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   345550AD9       FOREST CITY ENTERPRISES                              530000     265000   7.625     6/1/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   35699C9B3       FREESCALE SEMICONDUCTOR, INC., TRANCHE B            5955827    3405989    7.37    12/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   38799A9Q7       GENERAL MOTORS CORP., TRANCHE B                     3473478    1293871     7.4   12/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   37099K9B7       GENERAL NUTRITION CENTER, TRANCHE B                 3225441    2139542      7.6     9/6/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   373200AQ7       GEORGIA GULF CORP.                                  1500000     495000      9.5   10/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   32799A9N7       GEORGIA PACIFIC LLC, TRANCHE B1                     9947053    7617781        0   12/23/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   37399P9B3       GEORGIA PACIFIC LLC, TRANCHE B2                     1778867    1362315    1.774   12/20/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   36186CAG8       GMAC LLC                                            4000000    2600000    3.399    5/15/2009
11/30/2008   John Hancock Funds II Floating Rate Income Fund   917BQVII4       GOLDEN NUGGET, INC., TRANCHE B                      3750000    1406250     7.35    6/14/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   3842669A2       GRAHAM PACKAGING COMPANY, INC.                      4712891    3576749    7.706    10/7/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   38499Q9Z5       GRAPHIC PACKAGING INTERNATIONAL CORP., TRANCHE B    5119776    3775834     7.35     5/3/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   38899C9N9       GRAPHIC PACKAGING, INC., TRANCHE C                  4680901    3608193        0    5/16/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   41099C9C5       HANES BRANDS, INC., TRANCHE B                       2000000    1591876    7.756   10/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   917QAQII9       HANGER ORTHOPEDIC GROUP, INC., TRANCHE B            1478174    1167758      7.7    7/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   4136279J1       HARRAH'S OPERATING COMPANY, INC., TRANCHE B2        9462494    5523731        0    2/28/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   42099B9Y7       HAWKER BEECHCRAFT CORP., INC.                       4872166    2554408      7.4    3/26/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   40499G9T7       HCA, INC., TRANCHE A                                1467665    1154869        0   11/16/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   40499C9J8       HCA, INC., TRANCHE B                               14431799   10777249        0    11/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   42199B9G5       HEALTH MANAGEMENT ASSOCIATES, INC., TRANCHE B       6224704    4152394     7.15    1/16/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   4270939K7       HERCULES OFFSHORE LLC, TRANCHE B                    4952424    3181933    7.199    7/11/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   428040CA5       HERTZ CORP.                                          500000     200000     10.5     1/1/2016
11/30/2008   John Hancock Funds II Floating Rate Income Fund   4290409A8       HERTZ CORP.                                         7186278    4663097     6.75    1/21/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   46299Q9X5       HVHC, INC., TRANCHE B                               2897416    2086139    7.858    8/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919VDRII1       IASIS HEALTHCARE CORP., TRANCHE B                   6336786    4712984     7.35     5/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   45320W9F6       ICONIX, TRANCHE B                                   2926542    2136376      7.6     5/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   64599B9S9       IDEARC, INC., TRANCHE B                             6282194    2046199    7.483    11/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   45788A9B8       INSIGHT MIDWEST HOLDINGS LLC, TRANCHE B             4250000    3302858     7.65    4/10/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   918TNTII2       INVITROGEN CORP., TRANCHE B                         4000000    3637500        0    6/11/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   44980YAK3       IPCS, INC.                                          5000000    3500000    5.318     5/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   51799A9T4       LAS VEGAS SANDS LLC, TRANCHE B                      6217523    3026802    7.199     5/8/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   5269909Y4       LENDER PROCESSING SERVICES, TRANCHE B                498750     427678        0    6/18/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   52799M9Y5       LEVEL 3 COMMUNICATIONS, INC., TRANCHE B             5000000    3400000     7.65     3/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   54021A9A9       LODGENET ENTERTAINMENT CORP., TRANCHE B             5094564    2598228    7.452     4/4/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   55299U9X7       LYONDELL CHEMICAL COMPANY                           4741263    1928115        0   12/20/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   918TWDII7       LYONDELL CHEMICAL COMPANY, TRANCHE B1               1994987     817945        0   12/20/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   55599A9D2       LYONDELL CHEMICAL COMPANY, TRANCHE B3               7218737    2916370        0   12/20/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   56499B9R8       MANOR CARE, TRANCHE B                               5472238    3848806     8.01   11/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   57599D9Z3       MEG ENERGY, TRANCHE B                               3974529    2662934     6.99    4/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund       455995001   MERRILL LYNCH REPO                                 24400000   24400000     0.18    12/1/2008
11/30/2008   John Hancock Funds II Floating Rate Income Fund   55499C9X5       METRO-GOLDWYN-MAYER, INC. TERM LOAN B               4239130    1901551    5.424     4/8/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   591709II3       METROPCS WIRELESS, INC. TRANCHE B                   5991094    4641600        0    2/20/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   59408X9F0       MICHAELS STORES, INC., TRANCHE B                    5454130    2683432    7.706   10/31/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   640204AG8       NEIMAN MARCUS GROUP, INC.                            420000     178500        9   10/15/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   640204AH6       NEIMAN MARCUS GROUP, INC.                            380000     142500   10.375   10/15/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   64099C9K9       NEIMAN MARCUS GROUP, INC., TRANCHE B                7733805    4823961    6.947    3/13/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919UMHII5       NEWPAGE CORP., TRANCHE B                            5467469    4011755      8.9    11/5/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   65199B9I2       NEWSDAY LLC                                         4000000    3320000     9.75    7/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   65499C9A4       NIELSEN FINANCE, TRANCHE B                          4962009    3290457     8.25    8/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   916FEEII7       NORANDA ALUMINUM, INC.                              4701148    2750171        0    5/18/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   656559BJ9       NORTEK, INC.                                        2500000    1750000       10    12/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   67099C9Z9       NOVELIS, INC.                                       5000000    3090000        0     7/6/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   62399B9A4       NRG ENERGY, INC., TRANCHE B                          969049     803341      6.6     2/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   62899C9R0       NRG ENERGY, INC., TRANCHE B                         5571097    4618439        0     2/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   62947QAE8       NXP BV                                              2000000     495000    7.503   10/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   62947QAF5       NXP BV                                              1500000     450000    7.875   10/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   67599A9H8       OCEANIA CRUISES, INC., TRANCHE B                    1487465     818106      7.6     5/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   6879909N3       OSHKOSH TRUCK CORP. TRANCHE B                       1802532    1131732        0    12/6/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   69699A9H3       PANAMSAT CORP., TRANCHE B                          11179192    8583529        8    6/30/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   70799T9Z9       PENN NATIONAL GAMING, INC., TERM LOAN B             6987147    5687977    5.374    10/3/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   7169919F3       PETCO ANIMAL SUPPLIES, INC., TRANCHE B              3224751    2154133        0   11/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   71699A9N6       PHARMACEUTICAL HEALTH TECHNOLOGIES, TRANCHE B       4539541    2752096        0    4/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   74899E9S9       QUEBECOR WORLD, INC., TRANCHE B                     2401480    1921184      6.5    1/17/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   74899E9F7       QUICKSILVER RESOURCE, INC., 2ND LIEN                3515625    2531250        0     8/8/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   74999L9K9       QUIZNO'S CORP.                                      1969886    1083437     7.35     5/5/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   74999F9A4       QWEST CORP.                                         3000000    2700000        1    6/30/2010
11/30/2008   John Hancock Funds II Floating Rate Income Fund   75899W9D9       REGAL CINEMAS, TRANCHE B                            5230964    3895614    2.542   10/19/2010
11/30/2008   John Hancock Funds II Floating Rate Income Fund        7.61E+10   RENTAL SERVICE CORP., 2ND LIEN                      2000000    1199380    9.024    12/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   913VXRII5       ROYALTY PHARMA, TRANCHE B                           5974747    5148242    6.945    5/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   64099C9P8       SALLY HOLDINGS LLC, TRANCHE B                       4970224    3651564      7.9   11/15/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919VDPII5       SELECT MEDICAL CORP., TRANCHE B                     4217224    3134802     4.63    2/24/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   81799H9W9       SENSATA TECHNOLOGIES                                4568253    2658724    6.945    4/27/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   85748R009       STATE STREET/FICC REPO                             33075000   33075000     0.05    12/1/2008
11/30/2008   John Hancock Funds II Floating Rate Income Fund   857689BA0       STATION CASINOS, INC.                               1596000     486780     7.75    8/15/2016
11/30/2008   John Hancock Funds II Floating Rate Income Fund   86799U9V1       SUNGUARD HOMES, TRANCHE B                           7941900    5535751     6.15    8/15/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   87199R9E0       SWIFT TRANSPORT, TERM LOAN B                        3500000    1507916    8.466    5/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   87952N9G1       TELESAT CANADA, TRANCHE D DELAYED DRAW              4205583    3028772    8.314   10/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   88599K9Q2       THOMSON LEARNING HOLDINGS, TRANCHE B                3972418    2631727        0    11/5/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   8869999Q6       TICKETMASTER, TERM LOAN                             3000000    2370000        0     8/1/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   88732JAP3       TIME WARNER CABLE, INC.                             2400000    2357760     8.75    2/14/2019
11/30/2008   John Hancock Funds II Floating Rate Income Fund   87599B9T8       TRANSDIGM, TERM LOAN B                              4285000    3235175        0     7/1/2012
11/30/2008   John Hancock Funds II Floating Rate Income Fund   89699C9P9       TRIBUNE COMPANY                                     2462857     923571    7.426    5/17/2009
11/30/2008   John Hancock Funds II Floating Rate Income Fund   917QARII7       TROPICANA ENTERTAINMENT, TRANCHE B                  4000000    1084000     7.86   12/15/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   87399K9R4       TXU ENERGY, TRANCHE B2                              6227444    4199632      8.5   10/10/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   90499D9F9       UNITED AIR LINES, INC., TRANCHE B                   6697519    3094254    7.452    1/12/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   24999C9K4       UNIVISION COMMUNICATIONS, INC., TRANCHE B           5625000    2514375      7.6    9/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   93799A9R0       UPC, TERM LOAN                                      5500000    3883000        0    3/30/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   USD000000       US DOLLAR                                           2023268    2023268        0
11/30/2008   John Hancock Funds II Floating Rate Income Fund   90343VAC2       US INVESTIGATIONS SERVICES, INC., TRANCHE B         6094807    4045428        1    2/21/2015
11/30/2008   John Hancock Funds II Floating Rate Income Fund   9220369M2       VANGUARD HEALTH HOLDINGS, TRANCHE B                 6049447    4937861    6.409    5/18/2011
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919VDMII2       VENETIAN MACAU, TRANCHE B                           3655000    2046800     7.75     4/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   92299G9G8       VENETIAN MACAU, TRANCHE DELAYED DRAW                 345000     193200    1.375     4/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   92343VAQ7       VERIZON COMMUNICATIONS, INC.                        4000000    4001024     8.75    11/1/2018
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919NTJII0       VIRGIN MEDIA TRANCHE B4                             3220522    2520058      7.5    1/15/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   92899G9E7       VISTEON, TRANCHE B                                  6500000    2054000    8.415    6/20/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   95099B9W9       WESCO AIRCRAFT ADD ON, TERM LOAN                    1500000    1150001        0    9/29/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   95099B9V1       WESCO AIRCRAFT HARDWARE, TERM B                     2500000    1916668    7.756    9/29/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   919VDNII0       WEST CORP., TRANCHE B                               1488665     923903        0    10/1/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   96999B9P3       WINDSTREAM CORP., TRANCHE B                         3275126    2712895        0    7/17/2013
11/30/2008   John Hancock Funds II Floating Rate Income Fund   918XRXII0       WM. WRIGLEY JR. COMPANY                             3450000    3204971        1    9/30/2014
11/30/2008   John Hancock Funds II Floating Rate Income Fund   98499Q9S5       YANKEE CANDLE, TRANCHE B                            2461634    1284973    7.503    1/15/2014

				
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