Disciplined Value Fund

John Hancock Funds III · Series S000023715 · 8 share classes

Equity fund · 97% stocks
One fund, 8 share classes:JVLAXJVLCXJVLIXJDVFXJDVVXJDVNXJDVWXJDVPX
$17.00B NAV
82 positions · as of 2026-03-31 · filed 2026-05-29
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2025 Q3

The fund seeks to provide long-term growth of capital primarily through investment in equity securities. Current income is a secondary objective.

Strategy · summarised

The fund invests at least 80% of assets in equity securities of companies with market capitalizations of $1 billion or greater that exhibit value characteristics, as identified through analysis of price-to-book and price-to-earnings ratios alongside fundamental metrics such as return on equity and cash flow. The fund may hold up to 20% in foreign currency-denominated securities and up to 15% in illiquid securities, and may participate in initial public offerings. Because security selection depends on the manager's continuous assessment of value metrics and company fundamentals, fund performance will diverge from any benchmark.

Expenses
0.60% 1.71%across 8 share classes
Share classGrossNet
JVLAX0.97%0.96%
JVLCX1.72%1.71%
JVLIX0.72%0.71%
JDVFX0.96%0.85%
JDVVX0.66%0.65%
JDVNX0.61%0.60%
JDVWX0.61%0.60%
JDVPX1.11%1.10%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 63.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.86%
of net assets
Stocks96.80%
Cash & short-term3.06%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 4 new9 exited

New: V, AstraZeneca PLC, MRVL, NVDA

Largest exited: UNH, Medtronic Public Limited Company, AstraZeneca PLC, AZO, EMR, Novo Nordisk A/S, OWL, AN

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
JPMorgan Chase and Co.JPM4.11%$697.77M
State Street Bank and Trust Company3.06%$519.83M
Amazon.com Inc.AMZN2.69%$456.63M
Philip Morris International Inc.PM2.29%$389.50M
Kinross Gold CorporationKGC2.22%$377.99M
Marathon Petroleum CorporationMPC2.08%$354.25M
US Foods Holding Corp.USFD2.06%$350.55M
Micron Technology Inc.MU2.03%$345.21M
Applied Materials Inc.AMAT1.96%$333.20M
CRH Public Limited CompanyCRH1.94%$329.87M
Showing 10 of 82Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 24.44% of net assets, top 25 47.97%, across 82 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free