Balanced Fund

John Hancock Investment Trust · 7 share classes

Aggressive allocation fund
One fund, 7 share classes:SVBAXSVBCXSVBIXJBAFXJBAVXJBAWXJBATX
$6.62B NAV
1,128 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

Balanced Fund is an aggressive allocation fund. 27% of SVBAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 86% of the fund’s equity).

Asset class
Allocation (multi-asset)
Region
United States
Management
Actively managed
Fund type
Open-end fund
Equity exposure
Aggressive

Fund profile

As filed in the prospectus · 2026 Q1

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

Strategy · summarised

The fund allocates between debt and equity securities, screening for undervalued equities using fundamental analysis and financial models—targeting companies trading at discounts by price-to-book, price-to-earnings, or price-to-sales ratios and showing near-term catalysts for value realization—while its bond portfolio emphasizes investment-grade securities with up to 20% in below-investment-grade bonds to enhance income. The fund considers ESG factors alongside other investment criteria but may pursue an investment despite weaker ESG characteristics. Because manager selection of both equity and debt holdings depends on the manager's identification of value and catalysts, fund performance will diverge from broad market returns.

Expenses
0.61% 1.72%across 7 share classes
Share classGrossNet
SVBAX1.03%1.02%
SVBCX1.73%1.72%
SVBIX0.73%0.72%
JBAFX0.97%0.86%
JBAVX0.67%0.66%
JBAWX0.62%0.61%
JBATX1.12%1.11%

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

Portfolio turnover 71.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.17%
of net assets
Stocks60.15%
Bonds21.63%
Securitized16.89%
Cash & short-term0.42%
Loans0.09%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology18.6%
Securitized17.0%
Financials8.8%
International8.5%
12 smaller47.1%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
27%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 116 new99 exited

Largest new: United States Treasury Note/Bond ×4, AME, GH, Farmer Mac Discount Notes, DCH

Largest exited: PG, United States Treasury Note/Bond ×3, SYK, ZBRA, BRBR, JEF

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+25.34%+55.53%+50.52%9.15%-5.69%
+24.50%+52.38%+45.38%9.15%-5.84%
+25.74%+56.96%+52.75%9.17%-5.63%
+25.56%+56.37%+51.75%9.19%-5.63%
+25.82%+57.25%+53.23%9.17%-5.58%
+25.87%+57.47%+53.54%9.18%-5.59%
+25.31%+55.25%+49.98%9.22%-5.68%

These classes hold the same portfolio, so the 8.16pp spread over 5 years is the cost difference between them — roughly 1.63pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
4.58%
Avg maturity
17.77 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

17%
floating
Fixed rate81.9%
Floating rate16.9%
Zero-coupon or unclassified1.2%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y1.5%
1-3y2.8%
3-5y12.4%
5-10y24.8%
10y+58.5%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.

Interest-rate duration
2.31 yr
approx. move per 100bp
Credit-spread duration
1.71 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ -4.0%
of value
Interest rates57%
Credit spreads43%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+1.71
yrs total
Investment grade+1.51 yr
High yield+0.20 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate2.31 yr total
3 mo30 yr
3 mo0.01 yr0%
1 yr0.19 yr8%
5 yr0.77 yr33%
10 yr0.90 yr39%
30 yr0.43 yr19%
Credit spread1.71 yr total
3 mo30 yr
3 mo0.01 yr0%
1 yr0.19 yr11%
5 yr0.73 yr42%
10 yr0.65 yr38%
30 yr0.14 yr8%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.01+0.01+0.00$4.5k$865
1 yr+0.19+0.15+0.04$99.6k$24.7k
5 yr+0.77+0.61+0.12$403.0k$79.0k
10 yr+0.90+0.62+0.04$407.0k$26.1k
30 yr+0.43+0.13+0.00$87.7k$1.8k

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

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

Issuer%NAVValue
Alphabet Inc.GOOGL4.58%$302.77M
Microsoft CorporationMSFT4.14%$273.98M
Amazon.com Inc.AMZN3.96%$262.23M
Broadcom Inc.AVGO2.92%$193.50M
JPMorgan Chase and Co.JPM2.33%$154.02M
Marvell Technology Inc.MRVL2.28%$150.89M
Costco Wholesale CorporationCOST1.93%$127.46M
Eli Lilly and CompanyLLY1.81%$119.67M
Walmart Inc.WMT1.73%$114.16M
NVIDIA CorporationNVDA1.68%$111.42M
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Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 27.36% of net assets, top 25 45.12%, across 671 issuers.

See more of this fund's book

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