Back to Mutual Funds

Balanced Fund (SVBAX)

Daily Price as of 7/31/15

18.91 0.01 0.05
 
POP Change ($) Change (%)
19.91 0.01 0.05

Management Team

No Photo Available
Roger C. Hamilton

Joined firm in 1994
Began business career in 1979

No Photo Available
Jeffrey N. Given, CFA

Joined firm in 1993
Began investment career in 1993

No Photo Available
Michael J. Scanlon, Jr. CFA

Joined firm in 2004
Began investment career in 2000

Top Holdings (%)

as of 6/30/15
Federal National Mortgage Association 6.02
U.S. Treasury Notes/Bonds 4.65
JPMorgan Chase & Company 2.21
Apple, Inc. 2.03
United Technologies Corp. 1.73
Verizon Communications, Inc. 1.52
Pfizer, Inc. 1.45
MetLife, Inc. 1.40
General Electric Company 1.40
CVS Caremark Corp. 1.19
The Fund’s holdings are subject to change at any time. Characteristics are expressed as a percentage of net assets except for certain closed-end funds where characteristics are expressed as a percentage of total managed assets.

All Funds (with the exception of the Money Market Fund) exclude cash and cash equivalent securities from Top holdings and Top issuers.

Goal and Strategy

The Fund seeks current income, long-term growth of capital and income, and preservation of capital. To pursue these goals, the Fund allocates its investments among a diversified mix of debt and equity securities. With regard to the Fund’s equity securities, the managers look for companies that appear to be undervalued compared to their historical valuations relative to the market. The Fund’s debt securities are used to enhance current income and provide some stability.

Average Annual Total Returns1

Month-End Performance (%) as of 6/30/15
QTD YTD 1YR 3YR 5YR 10YR
(not annualized)
POP -5.68 -4.55 -2.75 9.65 9.60 7.95
Quarter-End Performance (%) as of 6/30/15
QTD YTD 1YR 3YR 5YR 10YR
(not annualized)
POP -5.68 -4.55 -2.75 9.65 9.60 7.95

Cumulative Returns

Month-End Performance (%) as of 6/30/15
QTD YTD 1YR 3YR 5YR 10YR
POP -5.68 -4.55 -2.75 31.85 58.12 114.83

The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative, and results for other share classes will vary. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance cited.

Performance figures assume that all distributions are reinvested. POP (public offering price) figures for Class A shares reflect the maximum sales charge, which is 5.0% for equity, asset allocation, and alternative/specialty funds and 4.0% for fixed-income funds (reduced from 4.5%, effective 2/3/14), with the following exceptions: John Hancock Absolute Return Currency Fund and John Hancock Global Conservative Absolute Return Fund have a maximum sales charge of 3.0%, and John Hancock Floating Rate Income Fund and John Hancock Short Duration Credit Opportunities Fund have a maximum sales charge of 2.5% (reduced from 3.0% and 4.5%, respectively, effective 2/3/14). Performance quoted without sales charges would be reduced if the sales charges were applied. Performance for other share classes will vary. For money market funds, the yield quoted more closely reflects the current earnings of the fund than the total return performance shown. Sales charges do not apply to money market funds and as a result, those funds do not quote POP performance figures. The fund operating expenses are 1.23%.

Morningstar Rating3

Overall Rating

As of 6/30/15 the Fund was rated 3 stars out of 815 funds, 2 stars out of 703 funds and 5 stars out of 472 funds for the 3-, 5- and 10-year periods, respectively.

Load-Waived Rating

As of 6/30/15 the Fund was rated 4 stars out of 815 funds, 3 stars out of 703 funds and 5 stars out of 472 funds for the 3-, 5- and 10-year periods, respectively.

Overall Rating is based on the 3-, 5- and 10-year Morningstar Risk-Adjusted Returns and accounts for variation in a fund's monthly performance. The overall rating includes effects of sales charges, loads and redemption fees, whereas the load-waived rating does not. Load-waived ratings for Class A shares should only be considered by investors who are not subject to a front-end sales charge. Contact your financial professional to determine whether you are eligible to purchase Class A shares without paying the front-end load. Other classes may be rated differently.

The funds have experienced negative performance for various time periods, including but not limited to, the three, five or ten-year periods for which the Morningstar "star" ratings are issued.

1 10/5/92 is the inception date for the oldest class of shares, Class A shares. Class R1, R3, R4 and R5 shares were first offered on 9/8/08; Class R6 shares were first offered on 9/1/11; Class R2 shares were first offered on 3/1/12; returns prior to these dates are those of the Class A shares that have been recalculated to reflect the gross fees and expenses of Class R1, R2, R3, R4, R5 and R6 shares.
2 As of most recent month-end. The Morningstar Style Box™ reveals the Fund’s investment style.

For equity funds, the vertical axis shows the market capitalization, or size, of the stocks owned and the horizontal axis shows investment style (value, blend or growth).
3 Morningstar proprietary ratings reflect risk-adjusted performance through most recent month-end. The ratings are subject to change every month. For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return that accounts for variation in a fund’s monthly performance (including effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category, the next 22.5%, 35%, 22.5% and the bottom 10% receive 5, 4, 3, 2 or 1 star, respectively. (Each share class is counted as a fraction of 1 fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.
Version 18.1.3.1