Fund Evaluator:
JHancock Mid Cap Growth NAV (JACFX)
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Fund Details
JHancock Mid Cap Growth NAV Overview
JHancock Mid Cap Growth NAV (JACFX) is an actively managed U.S. Equity Mid-Cap Growth fund. John Hancock launched the fund in 2005.
The investment seeks long-term growth and capital appreciation. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of medium-sized companies with significant capital appreciation potential. For the fund, "medium-sized companies" are those with market capitalizations within the collective market capitalization range of companies represented in either the Russell Mid Cap Index or the S&P Mid Cap 400 Index. It may invest up to 25% of its total assets in foreign securities, including emerging market securities.
About JHancock Mid Cap Growth NAV (JACFX)
There are 2 members of the management team with an average tenure of 18.62 years: Stephen Mortimer (2009), Mario Abularach (2005). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell Mid Cap Growth TR USD index with a weighting of 100%. JHancock Mid Cap Growth NAV has 65 securities in its portfolio. The top 10 holdings constitute 33.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
JHancock Mid Cap Growth NAV is part of the Equity global asset class and is within the U.S. Equity fund group. JHancock Mid Cap Growth NAV has 9.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.2%. There is 9.8% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JHancock Mid Cap Growth NAV has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $999 million in total assets, which is above the $686 million average for the Mid-Cap Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JACFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JHancock Mid Cap Growth NAV expense ratio is high compared to funds in the Mid-Cap Growth category. JHancock Mid Cap Growth NAV has an expense ratio of 0.81%, which is 26% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JHancock Mid Cap Growth NAV has a portfolio turnover rate of 137%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 76% for the Mid-Cap Growth category.
Recently, in the month of June 2026, JHancock Mid Cap Growth NAV returned 4.9%, which earned it a grade of B, as the Mid-Cap Growth category had an average return of 3.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
JHancock Mid Cap Growth NAV has a trailing yield of 0.00%, which is below the 0.03% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JHancock Mid Cap Growth NAV Grades
Year to date, the fund has returned 19.8%, 8.0 percentage points better than the category, which translates into a grade of A. The fund has returned 21.0% over the past year (grade of B), 18.3% over the past three years (grade of A) and 3.5% per year over the past five years (grade of C) and 14.1% per year over the past 10 years (grade of A).
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JACFX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JACFX Return (NAV) | 4.9% | 24.8% | 21.0% | 18.3% | 3.5% | 14.1% |
| JACFX Grade | B | A | B | A | C | A |
| +/- Category | 1.2% | 7.7% | 7.8% | 4.7% | -0.4% | 2.1% |
| Mid-Cap Growth Avg | 3.7% | 17.1% | 13.2% | 13.6% | 3.9% | 12.0% |
| JACFX Tax Cost Ratio | na | na | 3.0% | 1.0% | 2.6% | 3.1% |
JACFX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JACFX Return (NAV) | 19.8% | 6.1% | 25.3% | 18.8% | -34.5% | 3.4% | 64.6% | 35.0% | -0.9% | 28.4% | 0.6% |
| JACFX Grade | A | C | A | D | F | F | A | C | A | B | F |
| +/- Category | 8.0% | 0.3% | 8.1% | -1.9% | -6.5% | -9.0% | 24.3% | 1.0% | 3.7% | 3.1% | -4.7% |
| Mid-Cap Growth Avg | 11.8% | 5.9% | 17.2% | 20.7% | -28.0% | 12.4% | 40.3% | 34.0% | -4.6% | 25.3% | 5.3% |
| Risk Measures | |
| Standard Deviation: | 20.1% |
| Total Risk Index: | 1.66 - High |
| Category Risk Index: | 1.09 - High |
| Category Risk Grade: | F (85% Rank) |
| Beta: | 1.29 |
| R-Squared: | 70% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1339 Mil |
| Fund Total Assets: | $ 999 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 137% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 20.7 years | |||
| Average Tenure: 18.6 years | |||
| Managers (Year): Abularach Mario (2005), Mortimer Stephen (2009) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 65 |
| % in Top 10 Holdings: | 33.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 9.8% |
Portfolio Allocation |
|
| Domestic Stock: | 88.2% |
| Foreign Stock: | 9.8% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 1.8% |
Purchase Information
| Fund Family: | John Hancock |
| Phone Number: | 800-344-1029 |
| Website: | www.jhfunds.com |
| Status: | Open |
| Inception Date: | October 14, 2005 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.81% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.09% |
| Share Class: | JHancock Mid Cap Growth NAV |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
