John Hancock Retirement Plan Services

Metropolitan West Total Return Bond Fund (Plan Class)

AS OF 2022-06-30
INVESTMENT STRATEGY:

The investment seeks to maximize long-term total return. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in investment grade fixed income securities or unrated securities determined by the Adviser to be of comparable quality. Up to 20% of the fund's net assets may be invested in securities rated below investment grade or unrated securities determined by the Adviser to be of comparable quality. The fund also invests at least 80% of its net assets plus borrowings for investment purposes in fixed income securities it regards as bonds.

Fund Category:
Bond
Morningstar Categoryc100:
Intermediate Core-Plus Bond

PORTFOLIO DETAILS

Ticker MWTSX
Inception Date 2011-07-29
Gross Expense Ratiof1 (%) 0.37
Net Expense Ratiof1 (%) 0.37
Fund Total Net Assets ($M) 19,461.91
Management Company Metropolitan West Asset Management, LLC.
Portfolio Managers Bryan T. Whalen
Laird R. Landmann
Stephen M. Kane
Management Company Contact 800-241-4671

TOP TEN HOLDINGS AS OF 2022-05-31

% of Assets

Federal National Mortgage Association 2. 7.24
Federal National Mortgage Association 2% 5.16
United States Treasury Notes 2.625% 4.64
United States Treasury Notes 2.625% 3.89
United States Treasury Notes 2.75% 3.77
Federal National Mortgage Association 3% 3.56
United States Treasury Bonds 2% 3.19
United States Treasury Bonds 2.375% 2.85
United States Treasury Notes 2.5% 1.80
United States Treasury Notes 2.5% 1.67

Average Annual Total Returns %

As of 2022-06-30
Metropolitan West Total Return Bond Fund
YTD -11.59
1 Year -11.55
3 Year -0.71
5 Year 1.12
10 Year 2.32
Since Inception
Bloomberg Barclays US Aggregati30
YTD -10.35
1 Year -10.29
3 Year -0.93
5 Year 0.88
10 Year 1.54
Since Inception --
Intermediate Core-Plus Bondb87
YTD -10.91
1 Year -11.10
3 Year -0.73
5 Year 0.94
10 Year 1.91
Since Inception --
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return and principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost. Performance data does not reflect deduction of redemption fee, which, if such fee exists, would lower performance. For current to the most recent month-end performance information, please log onto myplan.johnhancock.com or call a John Hancock representative at (800) 294-3575.
  YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Metropolitan West Total Return Bond Fund -11.59 -11.55 -0.71 1.12 2.32 --
Bloomberg Barclays US Aggregati30 -10.35 -10.29 -0.93 0.88 1.54 --
Intermediate Core-Plus Bondb87 -10.91 -11.10 -0.73 0.94 1.91 --
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return and principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost. Performance data does not reflect deduction of redemption fee, which, if such fee exists, would lower performance. For current to the most recent month-end performance information, please log onto myplan.johnhancock.com or call a John Hancock representative at (800) 294-3575.

Hypothetical Growth of $10,000

Portfolio Snapshotb2

  Long % Short % Net %

Top Countriesb2 (%)

Morningstar Category: Intermediate Core-Plus Bond

Intermediate-term core-plus bond portfolios invest primarily in investment-grade U.S. fixed-income issues including government, corporate, and securitized debt, but generally have greater flexibility than core offerings to hold non-core sectors such as corporate high yield, bank loan, emerging-markets debt, and non-U.S. currency exposures. Their durations (a measure of interest-rate sensitivity) typically range between 75% and 125% of the three-year average of the effective duration of the Morningstar Core Bond Index.

Fixed Income Style Box

Morningstar Ratingm1

Overall

Out of 566 funds

4 Star Rating
3 Year

Out of 566 funds

3 Star Rating
5 Year

Out of 504 funds

4 Star Rating
10 Year

Out of 361 funds

4 Star Rating

m1. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance(not including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Exchange traded funds and open-ended mutual funds are considered a single population for comparative purposes. The top 10% of funds in each category receive five stars, then next 22.5% receive four stars, the middle 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five- and 10-year (if applicable) Morningstar RatingTM metrics. The rating formula most heavily weights the three year rating, using the following calculation: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. Past performance does not guarantee future results.

Key Statistics

Turnover Ratio (%) (annualized) 467
Betab1 (3y) (Bloomberg US Agg Bond TR USD) 1.06
R-squaredb53 (%) (3y) (Bloomberg US Agg Bond TR USD) 97.30
Sharpe Ratiob54 (3y) -0.24
# of Stock Holdings 1
# of Bond Holdings 1836

Morningstar Volatility Analysis

Best 2-month Period Jul. 12 - Sep. 12 4.60
Worst 2-month Period Feb. 22 - Apr. 22 -8.14
Investment
Volatility
Category

This investment has shown a relatively small range of price fluctuations in the past. Based on this measure, currently more than two thirds of all mutual funds with three-year histories have shown higher levels of risk.