Continue to site >
Trending ETFs

Balanced Fund

mutual fund
JBAVX
Payout Change
Pending
Price as of:
$28.67 -0.16 -0.55%
primary theme
U.S. Balanced Allocation
JBAVX (Mutual Fund)

Balanced Fund

Payout Change
Pending
Price as of:
$28.67 -0.16 -0.55%
primary theme
U.S. Balanced Allocation
JBAVX (Mutual Fund)

Balanced Fund

Payout Change
Pending
Price as of:
$28.67 -0.16 -0.55%
primary theme
U.S. Balanced Allocation

Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Balanced Fund

JBAVX | Fund

$28.67

$4.96 B

1.13%

$0.32

0.69%

Vitals

YTD Return

9.5%

1 yr return

19.8%

3 Yr Avg Return

5.4%

5 Yr Avg Return

9.4%

Net Assets

$4.96 B

Holdings in Top 10

30.1%

52 WEEK LOW AND HIGH

$28.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 65.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Balanced Fund

JBAVX | Fund

$28.67

$4.96 B

1.13%

$0.32

0.69%

JBAVX - Profile

Distributions

  • YTD Total Return 9.5%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.32%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Balanced Fund
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Sep 08, 2008
  • Shares Outstanding
    99183
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Given

Fund Description

Under normal market conditions, the fund invests at least 25% of assets in equity securities and at least 25% of assets in senior debt securities. The fund allocates its investments among a diversified mix of debt and equity securities, including securities of other investment companies that invest in debt and equity securities.For the equity portfolio, the manager looks for companies that appear to be undervalued compared to their historical valuations relative to the market. The manager uses fundamental financial analysis and proprietary financial models to identify companies of any size that are selling at a discount as measured by ratios such as price-to-book, price-to-earnings, and price-to-sales.The manager then looks for a positive catalyst in a company’s near-term outlook that it believes will accelerate earnings or improve value of the company’s assets. These positive catalysts may include, but are not limited to, new, improved, or unique products or services; new or rapidly expanding markets for the company’s products; new management; changes in the economic, financial, political, or regulatory environment affecting the company; or a business strategy not recognized by the marketplace. The manager also considers an issuer’s dividend-paying prospects and overall financial strength.The manager considers environmental, social, and/or governance (ESG) factors, alongside other relevant factors, as part of its investment process. ESG factors may include, but are not limited to, matters regarding board diversity, climate change policies, and supply chain and human rights policies. The ESG characteristics utilized in the fund’s investment process may change over time and one or more characteristics may not be relevant with respect to all issuers that are eligible fund investments.The fund’s debt portfolio is intended to enhance current income and provide added stability. The fund may invest in bonds of any maturity. The fund’s bond investments are primarily rated investment-grade (rated BBB or above by S&P Global Ratings (S&P) or Baa or above by Moody’s Investors Service, Inc. (Moody’s) and unrated equivalents). Up to 20% of assets may be invested in below-investment-grade bonds (i.e., junk bonds) rated as low as C by S&P or Moody’s and their unrated equivalents. The fund’s investment policies are based on credit ratings at the time of purchase.Although the fund invests primarily in U.S. securities, it may invest up to 35% of assets in foreign securities. The fund may invest up to 50% of assets in mortgage-backed securities. The fund may trade securities actively.The fund may engage in derivatives transactions to a limited extent. Derivatives may be used to reduce risk and/or obtain efficient market exposure, and may include futures contracts, options, and foreign currency forward contracts.
Read More

JBAVX - Performance

Return Ranking - Trailing

Period JBAVX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% 0.8% 31.3% 12.34%
1 Yr 19.8% -0.2% 55.2% 5.67%
3 Yr 5.4%* -6.4% 10.9% 8.03%
5 Yr 9.4%* -4.6% 14.2% 9.41%
10 Yr 7.9%* 0.4% 10.6% 14.87%

* Annualized

Return Ranking - Calendar

Period JBAVX Return Category Return Low Category Return High Rank in Category (%)
2023 16.4% -12.2% 23.9% 6.55%
2022 -17.1% -34.7% 2.8% 34.15%
2021 11.4% -11.9% 18.1% 10.18%
2020 13.9% -20.9% 39.7% 6.44%
2019 18.6% 0.8% 25.7% 8.72%

Total Return Ranking - Trailing

Period JBAVX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% 0.8% 31.3% 12.34%
1 Yr 19.8% -0.2% 55.2% 5.67%
3 Yr 5.4%* -6.4% 10.9% 8.03%
5 Yr 9.4%* -4.6% 14.2% 9.41%
10 Yr 7.9%* 0.4% 10.6% 14.87%

* Annualized

Total Return Ranking - Calendar

Period JBAVX Return Category Return Low Category Return High Rank in Category (%)
2023 18.7% -12.2% 26.8% 7.98%
2022 -15.5% -29.0% 10.9% 58.32%
2021 14.9% -3.0% 27.3% 29.04%
2020 16.4% -19.5% 40.6% 17.58%
2019 21.7% 2.2% 32.7% 23.10%

NAV & Total Return History


JBAVX - Holdings

Concentration Analysis

JBAVX Category Low Category High JBAVX % Rank
Net Assets 4.96 B 789 K 217 B 18.95%
Number of Holdings 862 2 15947 14.10%
Net Assets in Top 10 1.45 B 596 K 67.8 B 27.92%
Weighting of Top 10 30.13% 11.3% 121.1% 73.65%

Top 10 Holdings

  1. MICROSOFT CORP COMMON STOCK USD.00000625 5.17%
  2. ALPHABET INC COMMON STOCK USD.001 4.36%
  3. AMAZON.COM INC COMMON STOCK USD.01 4.25%
  4. BROADCOM INC COMMON STOCK 2.74%
  5. ELI LILLY and CO COMMON STOCK 2.63%
  6. WALMART INC COMMON STOCK USD.1 2.53%
  7. FEDERAL HOME LOAN BANK DISCOUN DISCOUNT NOT 02/24 0.00000 2.26%
  8. JPMORGAN CHASE and CO COMMON STOCK USD1.0 2.16%
  9. BERKSHIRE HATHAWAY INC COMMON STOCK USD.0033 2.10%
  10. UNITED STATES TREASURY NOTE/BO 01/31 4 1.94%

Asset Allocation

Weighting Return Low Return High JBAVX % Rank
Stocks
63.10% 0.00% 100.06% 62.54%
Bonds
34.75% 0.00% 77.51% 24.22%
Other
1.83% -42.80% 112.46% 15.95%
Convertible Bonds
0.98% 0.00% 23.84% 25.25%
Cash
0.62% -7.92% 100.00% 63.96%
Preferred Stocks
0.03% 0.00% 23.15% 23.93%

Stock Sector Breakdown

Weighting Return Low Return High JBAVX % Rank
Technology
19.77% 0.00% 44.21% 46.91%
Healthcare
15.83% 0.00% 29.35% 15.68%
Financial Services
13.35% 0.00% 38.77% 68.63%
Consumer Cyclical
11.47% 0.00% 19.36% 21.15%
Communication Services
11.37% 0.00% 38.10% 5.04%
Consumer Defense
9.35% 0.00% 15.14% 12.95%
Industrials
7.14% 0.00% 24.37% 91.08%
Energy
6.86% 0.00% 85.65% 24.60%
Basic Materials
2.88% 0.00% 33.35% 74.24%
Real Estate
1.85% 0.00% 65.01% 77.99%
Utilities
0.14% 0.00% 99.55% 89.64%

Stock Geographic Breakdown

Weighting Return Low Return High JBAVX % Rank
US
60.25% 0.00% 100.06% 67.24%
Non US
2.85% 0.00% 39.69% 15.95%

Bond Sector Breakdown

Weighting Return Low Return High JBAVX % Rank
Corporate
47.61% 0.00% 98.21% 20.66%
Securitized
30.82% 0.00% 92.13% 13.06%
Government
14.15% 0.00% 97.26% 78.62%
Cash & Equivalents
0.62% 0.00% 99.92% 59.12%
Municipal
0.25% 0.00% 24.80% 43.19%
Derivative
0.00% -2.92% 43.22% 34.19%

Bond Geographic Breakdown

Weighting Return Low Return High JBAVX % Rank
US
34.75% 0.00% 77.51% 22.79%
Non US
0.00% 0.00% 11.88% 35.75%

JBAVX - Expenses

Operational Fees

JBAVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.03% 17.63% 77.76%
Management Fee 0.57% 0.00% 1.83% 66.48%
12b-1 Fee 0.00% 0.00% 1.00% 2.63%
Administrative Fee N/A 0.01% 0.83% 19.81%

Sales Fees

JBAVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JBAVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JBAVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 343.00% 71.43%

JBAVX - Distributions

Dividend Yield Analysis

JBAVX Category Low Category High JBAVX % Rank
Dividend Yield 1.13% 0.00% 17.90% 69.02%

Dividend Distribution Analysis

JBAVX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly SemiAnnual

Net Income Ratio Analysis

JBAVX Category Low Category High JBAVX % Rank
Net Income Ratio 1.32% -2.34% 19.41% 40.00%

Capital Gain Distribution Analysis

JBAVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Monthly

Distributions History

View More +

JBAVX - Fund Manager Analysis

Managers

Jeffrey Given


Start Date

Tenure

Tenure Rank

Jun 06, 2006

15.99

16.0%

Jeffrey N. Given, CFA Senior Portfolio Manager, Co-Head of U.S. Core and Core-Plus Fixed Income, Manulife Investment Management Jeff is co-head of the firm’s U.S. core and core-plus fixed-income team and is responsible for the firm’s securitized, core, core-plus, and government bond strategies. Prior to joining the portfolio management team, he was focused on research and trading in mortgage-backed securities within the Manulife fixed-income teams. Previously, he was an investment compliance analyst at the company.

Michael Scanlon


Start Date

Tenure

Tenure Rank

Jun 01, 2015

7.0

7.0%

Michael J. Scanlon, Jr., CFA, is a managing director and portfolio manager at Manulife Asset Management, as well as a member of the Capital Appreciation Team. Michael is the co-lead portfolio manager of the John Hancock Balanced Fund (USA), Manulife US Opportunities Fund (Canada) and the Large Cap Equity institutional equity strategy. Education: Nichols College, BS in Finance, 2000; Boston University, MBA, 2003 Joined Company: 2004 Began Career: 2000

Susan Curry


Start Date

Tenure

Tenure Rank

Dec 31, 2019

2.42

2.4%

Susan is a managing director and portfolio manager at John Hancock Asset Management, where she's a member of the financial institutions team. She joined the company in 1998 as a senior product manager for institutional investments and services, responsible for marketing support of the firm’s equity strategies. She joined the financial institutions team in 2004 as an investment analyst. She began her career at Fidelity Investments in 1993, where she served as a research analyst. Susan earned a B.A. from the University of Massachusetts Amherst and an M.S. from Brandeis University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.36 2.41