JVMTX Fees and Costs — John Hancock Disciplined Value Mid Cap Fund, Class R4
Data updated: 2026-08-27
The net expense ratio is 0.99%: a 0.71% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7.3M in broker commissions, 0.0313% of average net assets, and portfolio turnover was 48%.
JVMTX Fees and Expenses
Annual operating expenses and sales charges of JVMTX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JVMTX Costs Over Time
On $10,000 invested in JVMTX, assuming 5% a year before costs, total costs come to $639 over 5 years, cutting the return by 1.07% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $639 |
| Value after costs | $10,393 | $11,225 | $12,124 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
JVMTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0313%
- Total broker commissions: $7.3M
- Bought from dealers (principal trades, not a cost): $9.7B
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $188.1M
- Net income from securities lending: $6.4M (0.028% of average net assets)
JVMTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.5M | 22.26% |
| J.P. Morgan Securities LLC | $1.1M | 16.66% |
| Goldman Sachs & Co. LLC | $845K | 12.66% |
| National Financial Services LLC | $842K | 12.61% |
| Royal Bank of Canada | $741K | 11.09% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $557K | 8.34% |
| UBS AG | $490K | 7.34% |
| Jefferies LLC | $344K | 5.16% |
| TD Securities (USA) LLC | $146K | 2.18% |
| Piper Sandler & Co. | $113K | 1.70% |
JVMTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $9.7B | 99.50% |
| Goldman Sachs & Co. LLC | $46.8M | 0.48% |
| Morgan Stanley & Co. LLC | $1.9M | 0.02% |
John Hancock Disciplined Value Mid Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JVMRX | Class R6 | 0.74% | none |
| JVMIX | Class I | 0.85% | none |
| JVMTX | Class R4 | 0.99% | none |
| JVMAX | Class A | 1.10% | 5.00% |
| JVMSX | Class R2 | 1.24% | none |
| JVMCX | Class C | 1.85% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.