<PAGE> PAGE 1
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<PAGE> PAGE 2
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011 C01AA01 BOSTON
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011 A00AA02 FREEDOM DISTRIBUTORS CORPORATION
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013 A00AA01 PRICE WATERHOUSE LLP
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014 A00AA02 JOHN HANCOCK FUNDS, INC.
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014 A00AA03 TUCKER ANTHONY, INC.
014 B00AA03 8-24297
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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054 L00AA00 N
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
070 H010200 Y
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<PAGE> PAGE 9
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015 A000401 INVESTORS BANK & TRUST COMPANY
015 B000401 C
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<PAGE> PAGE 10
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<PAGE> PAGE 11
045 000400 Y
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048 K010400 500000
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050 000400 N
051 000400 N
052 000400 N
053 A000400 N
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<PAGE> PAGE 12
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
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070 D020400 N
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070 I020400 N
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070 J020400 Y
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070 L010400 N
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070 M020400 N
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070 N020400 N
070 O010400 N
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<PAGE> PAGE 13
072 E000400 0
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<PAGE> PAGE 14
074 R020400 0
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015 A000601 INVESTORS BANK & TRUST COMPANY
015 B000601 C
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015 A000602 CITIBANK, N.A.
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015 A000604 CREDITANSTALT BANKVEREIN
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
015 D010638 SINGAPORE
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015 A000639 THE STANDARD BANK OF SOUTH AFRICA LIMITED
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015 C010641 COLOMBO
015 D010641 SRI LANKA
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015 A000642 SVENSKA HANDELSBANKEN
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015 A000643 BANK LEU LTD.
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015 A000644 STANDARD CHARTERED BANK
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015 A000645 STANDARD CARTERED BANK
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015 A000647 BARCLAYS BANK PLC
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015 A000648 CESKOSLOVENSKA OCHODNI BANKA, A.S.
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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015 A000801 INVESTORS BANK & TRUST COMPANY
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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SIGNATURE SUSAN S. NEWTON
TITLE VICE PRESIDENT
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<NAME> JOHN HANCOCK SOVEREIGN U.S. GOVERNMENT INCOME FUND - CLASS A
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 042
<NAME> JOHN HANCOCK SOVEREIGN U.S. GOVERNMENT INCOME FUND - CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> AUG-30-1996
<INVESTMENTS-AT-COST> 439,044,866
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<REALIZED-GAINS-CURRENT> (3,393,236)
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<NUMBER-OF-SHARES-SOLD> 1,034,231
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<SHARES-REINVESTED> 331,529
<NET-CHANGE-IN-ASSETS> (62,288,315)
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<ACCUMULATED-GAINS-PRIOR> (47,749,863)
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<GROSS-EXPENSE> 5,204,584
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<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.48
<PER-SHARE-GAIN-APPREC> (0.52)
<PER-SHARE-DIVIDEND> (0.48)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 061
<NAME> JOHN HANCOCK DISCIPLINED GROWTH FUND - CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 99,726,970
<INVESTMENTS-AT-VALUE> 121,227,313
<RECEIVABLES> 1,124,119
<ASSETS-OTHER> 5,482
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<TOTAL-ASSETS> 122,356,914
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<TOTAL-LIABILITIES> 1,792,533
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<ACCUMULATED-NET-GAINS> 13,328,280
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,500,671
<NET-ASSETS> 121,314,975
<DIVIDEND-INCOME> 1,949,414
<INTEREST-INCOME> 352,852
<OTHER-INCOME> 0
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<NET-INVESTMENT-INCOME> (83,995)
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<NUMBER-OF-SHARES-SOLD> 1,009,864
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<SHARES-REINVESTED> 15,749
<NET-CHANGE-IN-ASSETS> 7,445,310
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<GROSS-EXPENSE> 2,386,261
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<PER-SHARE-NAV-BEGIN> 12.77
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 062
<NAME> JOHN HANCOCK DISCIPLINED GROWTH FUND - CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 99,726,970
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<ASSETS-OTHER> 5,482
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<TOTAL-ASSETS> 122,356,914
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<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> 13,328,280
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<ACCUM-APPREC-OR-DEPREC> 21,500,671
<NET-ASSETS> 121,314,975
<DIVIDEND-INCOME> 1,949,414
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<EXPENSES-NET> 2,386,261
<NET-INVESTMENT-INCOME> (83,995)
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<NUMBER-OF-SHARES-SOLD> 687,430
<NUMBER-OF-SHARES-REDEEMED> 1,497,331
<SHARES-REINVESTED> 48,668
<NET-CHANGE-IN-ASSETS> 7,445,310
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 910,113
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 895,776
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<GROSS-EXPENSE> 2,386,261
<AVERAGE-NET-ASSETS> 28,682,277
<PER-SHARE-NAV-BEGIN> 12.69
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 2.79
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.10
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<PER-SHARE-NAV-END> 15.35
<EXPENSE-RATIO> 2.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 071
<NAME> JOHN HANCOCK MANAGED TAX-EXEMPT FUND - CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 179,768,424
<INVESTMENTS-AT-VALUE> 191,671,905
<RECEIVABLES> 10,668,900
<ASSETS-OTHER> 17,986
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,358,791
<PAYABLE-FOR-SECURITIES> 6,368,789
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,851,416
<TOTAL-LIABILITIES> 8,220,205
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<PAID-IN-CAPITAL-COMMON> 180,858,831
<SHARES-COMMON-STOCK> 3,531,621
<SHARES-COMMON-PRIOR> 3,665,817
<ACCUMULATED-NII-CURRENT> 200,311
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,175,297
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,904,147
<NET-ASSETS> 194,138,586
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,369,037
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<EXPENSES-NET> 3,298,020
<NET-INVESTMENT-INCOME> 10,071,017
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<APPREC-INCREASE-CURRENT> (815,778)
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<NUMBER-OF-SHARES-SOLD> 232,661
<NUMBER-OF-SHARES-REDEEMED> (498,225)
<SHARES-REINVESTED> 131,368
<NET-CHANGE-IN-ASSETS> (26,247,402)
<ACCUMULATED-NII-PRIOR> 70,529
<ACCUMULATED-GAINS-PRIOR> 1,458,033
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 1,236,303
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<GROSS-EXPENSE> 3,401,045
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<PER-SHARE-NAV-BEGIN> 11.56
<PER-SHARE-NII> 0.62
<PER-SHARE-GAIN-APPREC> 0.06
<PER-SHARE-DIVIDEND> (0.62)
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<EXPENSE-RATIO> 1.06
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 072
<NAME> JOHN HANCOCK MANAGED TAX-EXEMPT FUND - CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 179,768,424
<INVESTMENTS-AT-VALUE> 191,671,905
<RECEIVABLES> 10,668,900
<ASSETS-OTHER> 17,986
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 202,358,791
<PAYABLE-FOR-SECURITIES> 6,368,789
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<OTHER-ITEMS-LIABILITIES> 1,851,416
<TOTAL-LIABILITIES> 8,220,205
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<PAID-IN-CAPITAL-COMMON> 180,858,831
<SHARES-COMMON-STOCK> 13,333,878
<SHARES-COMMON-PRIOR> 15,391,245
<ACCUMULATED-NII-CURRENT> 200,311
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,175,297
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,904,147
<NET-ASSETS> 194,138,586
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,369,037
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<EXPENSES-NET> 3,298,020
<NET-INVESTMENT-INCOME> 10,071,017
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<NUMBER-OF-SHARES-SOLD> 566,925
<NUMBER-OF-SHARES-REDEEMED> (3,045,657)
<SHARES-REINVESTED> 421,365
<NET-CHANGE-IN-ASSETS> (26,247,402)
<ACCUMULATED-NII-PRIOR> 70,529
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<GROSS-EXPENSE> 3,401,045
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<PER-SHARE-NAV-BEGIN> 11.57
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> (0.54)
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<PER-SHARE-NAV-END> 11.51
<EXPENSE-RATIO> 1.73
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 080
<NAME> JOHN HANCOCK FINANCIAL INDUSTRIES FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> MAR-14-1996
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 777,345
<INVESTMENTS-AT-VALUE> 905,731
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<PAID-IN-CAPITAL-COMMON> 711,607
<SHARES-COMMON-STOCK> 81,137
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<ACCUMULATED-NII-CURRENT> 1,776
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<ACCUMULATED-NET-GAINS> 53,523
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 128,386
<NET-ASSETS> 895,292
<DIVIDEND-INCOME> 5,011
<INTEREST-INCOME> 2,515
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<EXPENSES-NET> 5,763
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<REALIZED-GAINS-CURRENT> 53,536
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<NUMBER-OF-SHARES-SOLD> 90,369
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<NET-CHANGE-IN-ASSETS> 895,292
<ACCUMULATED-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 3,842
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<GROSS-EXPENSE> 33,899
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<PER-SHARE-NAV-BEGIN> 8.50
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<PER-SHARE-NAV-END> 11.03
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
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</TABLE>
