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Supplement to the John Hancock Income Funds Prospectus dated October 1, 1998 On page 12, the "Portfolio Managers" section for Strategic Income Fund has been revised to read as follows: Frederick L. Cavanaugh, Jr. Senior vice president of adviser Joined team in 1986 Joined adviser in 1986 Began career in 1975 Arthur N. Calavritinos, CFA Vice president of adviser Joined team in 1995 Joined adviser in 1988 Began career in 1986 January 14, 1998 INCPS 1/99
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