Fund Evaluator:
JHancock Fundamental Equity Inc I (JHFEX)
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Best Performing in Large Value Over the Last Year
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Fund Details
JHancock Fundamental Equity Inc I Overview
JHancock Fundamental Equity Inc I (JHFEX) is an actively managed U.S. Equity Large Value fund. John Hancock launched the fund in 2022.
The investment seeks long-term capital appreciation and current income. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. It will primarily invest in equity securities that the manager believes have favorable prospects for divided-paying ability. The manager considers environmental, social and/or governance (ESG) factors, alongside other relevant factors, as part of its investment process.
About JHancock Fundamental Equity Inc I (JHFEX)
There are 3 members of the management team with an average tenure of 4.10 years: Jonathan White (2022), Nicholas Renart (2022), Michael Mattioli (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. JHancock Fundamental Equity Inc I has 62 securities in its portfolio. The top 10 holdings constitute 28.7% 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 Fundamental Equity Inc I is part of the Equity global asset class and is within the U.S. Equity fund group. JHancock Fundamental Equity Inc I has 13.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 80.4%. There is 13.4% allocated to foreign stock, and 0.0% 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 Fundamental Equity Inc I has 6.2% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $1 billion average for the Large Value 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.
JHFEX 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 Fundamental Equity Inc I expense ratio is high compared to funds in the Large Value category. JHancock Fundamental Equity Inc I has an expense ratio of 0.83%, which is 10% lower than its category average, making the fund expense ratio grade a C. 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 Fundamental Equity Inc I has a portfolio turnover rate of 35%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, JHancock Fundamental Equity Inc I returned 3.8%, which earned it a grade of B, as the Large Value category had an average return of 2.9%. 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 Fundamental Equity Inc I has a trailing yield of 1.97%, which is above the 1.20% category average. The fund normally distributes its income quarterly 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 Fundamental Equity Inc I Grades
Year to date, the fund has returned 7.9%, 6.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 14.7% over the past year (grade of F) and 14.3% over the past three years (grade of D).
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JHFEX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JHFEX Return (NAV) | 3.8% | 2.2% | 14.7% | 14.3% | na | na |
| JHFEX Grade | B | F | F | D | na | na |
| +/- Category | 1.0% | -4.0% | -9.2% | -1.4% | na | na |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| JHFEX Tax Cost Ratio | na | na | 6.1% | 3.4% | na | na |
JHFEX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JHFEX Return (NAV) | 7.9% | 12.3% | 15.8% | 21.1% | na | na | na | na | na | na | na |
| JHFEX Grade | F | D | B | A | na | na | na | na | na | na | na |
| +/- Category | -6.4% | -2.9% | 1.7% | 9.2% | na | na | na | na | na | na | na |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 12.0% |
| Total Risk Index: | 0.98 - Average |
| Category Risk Index: | 1.00 - Average |
| Category Risk Grade: | C (51% Rank) |
| Beta: | 0.75 |
| R-Squared: | 66% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 2.0% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $7 Mil |
| Fund Total Assets: | $ 4 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 35% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 4.1 years | |||
| Average Tenure: 4.1 years | |||
| Managers (Year): White Jonathan (2022), Renart Nicholas (2022), Mattioli Michael (2022) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 62 |
| % in Top 10 Holdings: | 28.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 13.4% |
Portfolio Allocation |
|
| Domestic Stock: | 80.4% |
| Foreign Stock: | 13.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 6.2% |
Purchase Information
| Fund Family: | John Hancock |
| Phone Number: | 888-972-8696 |
| Website: | www.jhfunds.com |
| Status: | Open |
| Inception Date: | June 28, 2022 |
| Min. Initial Purchase: | $250,000 |
| 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: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.83% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | JHancock Fundamental Equity Inc I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
