JBADX — Balanced Fund

JBADX Fund Overview

JBADX — Balanced Fund is a US mutual fund managed by John Hancock Investment Trust, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: John Hancock Investment Trust
• Category: Balanced Allocation
• Assets under management: $6.92B
• 1-year return: 12.8%
• Ticker: JBADX
• SEC CIK: 0000022370
• SEC series ID: S000000629
• Share class ID: C000067861

JBADX Investment Objective and Strategy

Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by John Hancock Investment Trust.

Investment objective

To seek current income, long-term growth of capital and income and preservation of capital.

Principal investment strategy

Under normal market conditions, the fund invests at least 25% of assets in equity securities and at least 25% of assets in senior debt securities. The fund allocates its investments among a diversified mix of debt and equity securities, including securities of other investment companies that invest in debt and equity securities. For the equity portfolio, the manager looks for companies that appear to be undervalued compared to their historical valuations relative to the market. The manager uses fundamental financial analysis and proprietary financial models to identify companies of any size that are selling at a discount as measured by ratios such as price-to-book, price-to-earnings, and price-to-sales. The manager then looks for a positive catalyst in a company's near-term outlook that it believes will accelerate earnings or improve value of the company's assets.

These positive catalysts may include, but are not limited to, new, improved, or unique products or services; new or rapidly expanding markets for the company's products; new management; changes in the economic, financial, political, or regulatory environment affecting the company; or a business strategy not recognized by the marketplace. The manager also considers an issuer's dividend-paying prospects and overall financial strength. The fund's debt portfolio is intended to enhance current income and provide added stability. The fund may invest in bonds of any maturity. The fund's bond investments are primarily rated investment-grade (rated BBB or above by Standard & Poor's Ratings Services or Baa or above by Moody's Investors Service, Inc. and unrated equivalents). Up to 20% of assets may be invested in below-investment-grade bonds (i.e., junk bonds) rated as low as C by Standard & Poor's Ratings Services or Moody's Investors Service, Inc.

and their unrated equivalents. The fund's investment policies are based on credit ratings at the time of purchase. Although the fund invests primarily in U.S. securities, it may invest up to 35% of assets in foreign securities. The fund may invest up to 50% of assets in mortgage-backed securities. The fund may trade securities actively. The fund may engage in derivatives transactions to a limited extent. Derivatives may be used to reduce risk and/or obtain efficient market exposure, and may include futures contracts, options, and foreign currency forward contracts.

JBADX Holdings

Top 10 holdings of Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all JBADX holdings

JBADX Portfolio Allocation

Asset-class allocation of Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.

JBADX Performance

Total returns for JBADX (as of 2026-10-01), from SEC filings.

JBADX Risk Information

Risk metrics for JBADX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 14.6%

JBADX Costs and Fees

JBADX costs about $142 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.42%
• Gross expense ratio: 1.43%
• Portfolio turnover: 71%
• Brokerage commissions: 1.32 bps of average net assets (SEC N-CEN)

JBADX Cashflows

Over the 12 months to 2026-04, Balanced Fund had net inflows of $453.56M, from monthly SEC N-PORT filings.

JBADX Debt Constituents

Largest debt holdings of Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.

JBADX Prospectus and SEC Filings

Official Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-02-25
• Prospectus (485BPOS) — filed 2025-02-26
• Prospectus (485BPOS) — filed 2024-02-26
• Portfolio holdings (N-PORT) — filed 2026-09-25
• Portfolio holdings (N-PORT) — filed 2026-06-25
• Portfolio holdings (N-PORT) — filed 2026-03-30
• Annual census (N-CEN) — filed 2026-01-09
• Annual census (N-CEN) — filed 2025-01-08

Related Funds

Other Balanced Allocation funds tracked on ABC INVEST:

• American Balanced Fund (ABALX)
• Vanguard Wellington Fund (VWELX)
• Franklin Income Fund (FKINX)
• T. Rowe Price Capital Appreciation Fund, Inc. (PRWCX)
• Vanguard Balanced Index Fund (VBINX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.