Firm Brochure (Part 2A of Form ADV) Firm Brochure Supplement (Part 2B of Form ADV) Privacy Notice Proxy Voting Manulife Investment Management (US) LLC Boston, MA 02116 617-375-1500 www.manulifeim.com March 29, 2021 T This brochure provides information about the qualifications and business practices of Manulife Investment Management (US) LLC. If you have any questions about the contents of this brochure, please contact us at the number above. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. Registration with the SEC does not imply a certain level of skill or training. Additional information about Manulife Investment Management (US) LLC also is available on the SEC’s website at www.adviserinfo.sec.gov. Firm Brochure (Part 2A of Form ADV) Manulife Investment Management (US) LLC Boston, MA 02116 617-375-1500 www.manulifeim.com March 29, 2021 This brochure provides information about the qualifications and business practices of Manulife Investment Management (US) LLC. If you have any questions about the contents of this brochure, please contact us at the number above. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. Registration with the SEC does not imply a certain level of skill or training. Additional information about Manulife Investment Management (US) LLC also is available on the SEC’s website at www.adviserinfo.sec.gov. Material Changes Material changes made to this Form ADV, Part 2A Brochure since the last amendment dated March 27, 2020 are as follows: • Section “II. Fee and Compensation” was updated to provide further detail on Managed Account Program fees. • Section “V. Method of Analysis, Investment Strategies, and Risk of Loss” was updated to enhance our Sustainable Investment Strategy disclosure and remove a discontinued strategy. 2 Table of Contents I. Advisory Business ............................................................................................................................................ 4 Advisory Business Overview ............................................................................................................................................ 4 Participation in Managed Account Programs ................................................................................................................... 5 Discretionary Authority and Assets Under Management.................................................................................................. 7 II. Fees and Compensation .................................................................................................................................. 8 Fees ................................................................................................................................................................................. 8 Managed Account Programs Fees .................................................................................................................................. 8 Private Funds ................................................................................................................................................................... 9 Billing Methods ................................................................................................................................................................ 9 Payment for Partial Periods and Fee Refunds ................................................................................................................. 9 Other Fees and Expenses ............................................................................................................................................. 10 III. Performance-Based Fees and Side-by-Side Management .............................................................................. 10 IV. Types of Clients .............................................................................................................................................. 11 Conditions for Managing Accounts ................................................................................................................................ 11 Establishing a New Customer Relationship ................................................................................................................... 11 V. Methods of Analysis, Investment Strategies, and Risk of Loss ....................................................................... 11 Investment Risks ........................................................................................................................................................... 12 Equity Strategies ............................................................................................................................................................ 12 Preferred Strategies ....................................................................................................................................................... 13 Fixed Income Strategies ................................................................................................................................................ 14 Multi-Asset Strategies .................................................................................................................................................... 14 Sustainability Risks and Opportunities ........................................................................................................................... 15 VI. Disciplinary Information ................................................................................................................................. 16 VII. Other Financial Industry Activities and Affiliations ......................................................................................... 16 Sponsor or Syndicator of Limited Partnerships .............................................................................................................. 19 Commodity Trading Advisor ........................................................................................................................................... 19 VIII. Code of Ethics, Participation or Interest in Client Transactions and Personal Trading .................................. 19 Code of Ethics ............................................................................................................................................................... 19 Participation or Interest in Client Transactions ............................................................................................................... 19 IX. Brokerage Practices ...................................................................................................................................... 20 Brokerage Discretion ..................................................................................................................................................... 20 Approved Trading Counterparties .................................................................................................................................. 20 Selection of Brokers, Dealers, and Counterparties ........................................................................................................ 21 Affiliated Brokers ............................................................................................................................................................ 21 Cross Transactions ........................................................................................................................................................ 21 Best Execution ............................................................................................................................................................... 22 Research and Other Soft Dollar Benefits ....................................................................................................................... 22 Directed Brokerage ........................................................................................................................................................ 25 Trade Aggregation ......................................................................................................................................................... 25 Managed Account Programs ......................................................................................................................................... 25 X. Review of Accounts ........................................................................................................................................ 26 Internal Review of Client Accounts ................................................................................................................................ 26 Client Reporting ............................................................................................................................................................. 27 XI. Client Referrals and Other Compensation ..................................................................................................... 27 XII. Custody .......................................................................................................................................................... 28 XIII. Investment Discretion ...................................................................................................................................