John Hancock Classic Value Fund

Frequently Asked Questions About PZFVX

What does PZFVX invest in?

This fund typically dedicates a significant portion, at least 80%, of its net assets to U.S.-based common stocks. The fund manager actively seeks out companies perceived to be undervalued by the broader market, basing these judgments on projections of their future earnings and cash flow. Such companies often exhibit lower valuation metrics, like price-to-book ratios, compared to the average of the S&P 500 Index. Additionally, the fund has the flexibility to allocate up to 20% of its net assets to international securities that are not listed on U.S. exchanges, including depositary receipts.

What is the expense ratio of PZFVX?

John Hancock Classic Value Fund (PZFVX) charges an expense ratio of 1.11%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PZFVX?

John Hancock Classic Value Fund (PZFVX) manages $1.60B 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 PZFVX actively managed or an index fund?

PZFVX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PZFVX's is 1.11%) because there's no security selection cost.

When was PZFVX launched?

John Hancock Classic Value Fund (PZFVX) launched in June 1996 and is managed by the fund issuer.

How has PZFVX performed?

PZFVX'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.