# John Hancock Balanced Fund (SVBAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/svbax 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: 1992-10-05 Under typical market circumstances, this fund structures a varied investment portfolio by blending different types of equity and debt. A minimum of 25% of its assets is dedicated to equities, with an additional minimum of 25% allocated to senior fixed-income securities. The fund's holdings may also incorporate shares or units of other investment vehicles that similarly concentrate on debt and equity. ## Key Facts | Metric | Value | |---|---| | Price | $32.21 | | Expense Ratio | 1.02% | | Assets Under Management | $3.05B | | NAV | $32.21 | | Holdings Count | — | | Distribution Yield (TTM) | 11.39% | | Annual Distribution (TTM) | $3.67 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $28.51 – $32.99 | | Beta | 0.89 | ## Latest Distribution - Amount: $0.1383 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does SVBAX invest in? Under typical market circumstances, this fund structures a varied investment portfolio by blending different types of equity and debt. A minimum of 25% of its assets is dedicated to equities, with an additional minimum of 25% allocated to senior fixed-income securities. The fund's holdings may also incorporate shares or units of other investment vehicles that similarly concentrate on debt and equity. ### What is the expense ratio of SVBAX? John Hancock Balanced Fund (SVBAX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SVBAX? John Hancock Balanced Fund (SVBAX) manages $3.05B 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 SVBAX actively managed or an index fund? SVBAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SVBAX's is 1.02%) in exchange for the discretion to over- or under-weight positions. ### When was SVBAX launched? John Hancock Balanced Fund (SVBAX) launched in October 1992 and is managed by John Hancock. ### How has SVBAX performed? SVBAX'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 SVBAX pay a dividend? John Hancock Balanced Fund (SVBAX) currently distributes little or no income. Trailing-twelve-month yield is 11.39%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SVBAX pay dividends? John Hancock Balanced Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SVBAX's dividend yield? SVBAX's trailing-twelve-month yield is 11.39%, calculated from the sum of dividends over the past year divided by the current price. ### When is SVBAX's next ex-dividend date? The most recently announced ex-dividend date for SVBAX was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SVBAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.02% 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 SVBAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SVBAX'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 SVBAX cost more than a fund like VOO? SVBAX is actively managed (current expense ratio 1.02%). 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 SVBAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SVBAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SVBAX (1.02%) 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/svbax - Distribution history: https://www.dividenddata.com/funds/svbax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/svbax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/svbax/expenses - Peer comparison: https://www.dividenddata.com/funds/svbax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.