Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
John Hancock Asset-Based Lending Fund
(Name of Issuer)
Common Shares of Beneficial Ownership – Class S
(Title of Class of Securities)
Class S: 478025208
(CUSIP Number)
Tracy Lannigan
200 Berkeley Street, Boston, Massachusetts 02116
617-663-2141
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
July 11, 2022
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. Class S: 478025208 | 13G | Page 2 of 5 Pages |
| 1. | NAMES OF REPORTING PERSONS | |
| John Hancock Life Insurance Company (USA) |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(see instructions)
| (a) | ☐ |
| (b) | ☐ | |
| 3. | SEC USE ONLY |
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION: United States |
|
NUMBER OF
|
5. SOLE VOTING POWER 1,250 shares – Class S
6. SHARED VOTING POWER
7. SOLE DISPOSITIVE POWER 1,250 shares – Class S
8. SHARED DISPOSITIVE POWER
|
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
1,250 shares – Class S
| 10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (see instructions) ☐ |
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
50% of Class S shares
| 12. | TYPE OF REPORTING PERSON (see instructions) | |
| IC |
| 13G | Page 3 of 5 Pages |
Item 1.
| (a) | Name of Issuer |
John Hancock Asset-Based Lending Fund
| (b) | Address of Issuer’s Principal Executive Offices |
200 Berkeley Street
Boston, MA 02116
Item 2.
| (a) | Name of Person Filing |
John Hancock Life Insurance Company (USA)
| (b) | Address of the Principal Office or, if none, residence |
200 Berkeley Street, Boston, Massachusetts 02116
| (c) | Citizenship |
United States
| (d) | Title of Class of Securities |
Common Shares of Beneficial Ownership – Class S
| (e) | CUSIP Number |
478025208
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
| (a) | ☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | |
| (b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | |
| (c) | ☒ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | |
| (d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |
| (e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |
| (g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | |
| (h) | ☐ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | ☐ | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); | |
| (k) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ |
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: 1,250 shares – Class S |
| (b) | Percent of class: 50% of shares – Class S |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote 1,250 shares – Class S. |
| (ii) | Shared power to vote or to direct the vote. |
| (iii) | Sole power to dispose or to direct the disposition of 1,250 shares – Class S. |
| (iv) | Shared power to dispose or to direct the disposition of. |
| 13G | Page 4 of 5 Pages |
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐. Not Applicable
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| 13G | Page 5 of 5 Pages |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Date: July 11, 2022 | John Hancock Life Insurance Company (USA) |
| By: | /s/ Andrew G. Arnott | |
| Name: | Andrew G. Arnott | |
| Title: | Executive Vice President |