# John Hancock Classic Value Fund (PZFVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pzfvx 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: Passive Index · Inception: 1996-06-24 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. ## Key Facts | Metric | Value | |---|---| | Price | $23.16 | | Expense Ratio | 1.11% | | Assets Under Management | $1.63B | | NAV | $23.16 | | Holdings Count | — | | Distribution Yield (TTM) | 30.28% | | Annual Distribution (TTM) | $7.01 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.74 – $26.65 | | Beta | 0.90 | ## Latest Distribution - Amount: $7.0118 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### 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 $1.63B 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 John Hancock. ### 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. ### Does PZFVX pay a dividend? John Hancock Classic Value Fund (PZFVX) currently distributes little or no income. Trailing-twelve-month yield is 30.28%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PZFVX pay dividends? John Hancock Classic 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 PZFVX's dividend yield? PZFVX's trailing-twelve-month yield is 30.28%, calculated from the sum of dividends over the past year divided by the current price. ### When is PZFVX's next ex-dividend date? The most recently announced ex-dividend date for PZFVX 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 PZFVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.11% 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 PZFVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PZFVX'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 PZFVX cost more than a fund like VOO? PZFVX is a passive index fund (current expense ratio 1.11%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PZFVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PZFVX (1.11%) 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/pzfvx - Distribution history: https://www.dividenddata.com/funds/pzfvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pzfvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pzfvx/expenses - Peer comparison: https://www.dividenddata.com/funds/pzfvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.