$HEDJ

The John Hancock Emerging Markets Debt Fund's Q4 2025 commentary reveals insights into the performance and strategies of emerging market debt amid a volatile economic landscape. The fund highlights resilience in select emerging market countries despite global interest rate hikes and geopolitical tensions. Investor sentiment appears cautiously optimistic due to a rebound in commodity prices, which could bolster certain economies. However, risks remain, particularly from potential inflationary pressures and currency fluctuations. Overall, the commentary suggests a selective approach to emerging market investments, emphasizing careful stock selection based on economic fundamentals.