# John Hancock Funds Disciplined Value Fund (JVLIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jvlix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: John Hancock · Asset class: Equity - Strategy: Actively Managed · Inception: 1996-12-31 The fund generally allocates a minimum of 80% of its net capital to a diverse array of equity instruments, primarily common stocks. These investments target companies with a market capitalization of $1 billion or greater, specifically those the manager has identified as exhibiting value characteristics. Furthermore, up to one-fifth of the fund's total assets may be invested in securities expressed in foreign currencies. The fund is also permitted to acquire new shares through initial public offerings (IPOs). ## Key Facts | Metric | Value | |---|---| | Price | $29.55 | | Expense Ratio | 0.71% | | Assets Under Management | $19.13B | | NAV | $29.55 | | Holdings Count | — | | Distribution Yield (TTM) | 5.55% | | Annual Distribution (TTM) | $1.64 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.56 – $30.31 | | Beta | 0.85 | ## Latest Distribution - Amount: $1.6405 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does JVLIX invest in? The fund generally allocates a minimum of 80% of its net capital to a diverse array of equity instruments, primarily common stocks. These investments target companies with a market capitalization of $1 billion or greater, specifically those the manager has identified as exhibiting value characteristics. Furthermore, up to one-fifth of the fund's total assets may be invested in securities expressed in foreign currencies. The fund is also permitted to acquire new shares through initial public offerings (IPOs). ### What is the expense ratio of JVLIX? John Hancock Funds Disciplined Value Fund (JVLIX) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JVLIX? John Hancock Funds Disciplined Value Fund (JVLIX) manages $19.13B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JVLIX actively managed or an index fund? JVLIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JVLIX's is 0.71%) in exchange for the discretion to over- or under-weight positions. ### When was JVLIX launched? John Hancock Funds Disciplined Value Fund (JVLIX) launched in December 1996 and is managed by John Hancock. ### How has JVLIX performed? JVLIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JVLIX pay a dividend? John Hancock Funds Disciplined Value Fund (JVLIX) currently distributes little or no income. Trailing-twelve-month yield is 5.55%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JVLIX pay dividends? John Hancock Funds Disciplined Value Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JVLIX's dividend yield? JVLIX's trailing-twelve-month yield is 5.55%, calculated from the sum of dividends over the past year divided by the current price. ### When is JVLIX's next ex-dividend date? The most recently announced ex-dividend date for JVLIX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will JVLIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JVLIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JVLIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JVLIX cost more than a fund like VOO? JVLIX is actively managed (current expense ratio 0.71%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JVLIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JVLIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JVLIX (0.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jvlix - Distribution history: https://www.dividenddata.com/funds/jvlix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jvlix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jvlix/expenses - Peer comparison: https://www.dividenddata.com/funds/jvlix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.