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JHancock Balanced B SVBBX

Analyst rating as of
NAV / 1-Day Return
23.32  /  0.38 %
Total Assets
3.0 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Longest Manager Tenure
14.40 years
US Fund Allocation--50% to 70% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
TTM Yield

Morningstar’s Analysis

Will SVBBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Comanager’s Retirement Doesn’t Change the Rating of John Hancock Balanced

Analyst Note

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On Dec. 9, 2019, John Hancock announced comanager Lisa Welch would retire from the firm by June 2020. Welch, the financials team lead at Manulife, was added to this fund's roster as comanager in late 2016 alongside lead manager Michael Scanlon, but she’s been listed on John Hancock Financial Industries JFDRX, which has a Morningstar Analyst Rating of Silver, since 2002. Suzanne Curry, who’s been lead manager of John Hancock Financial Industries since 2008, will be listed on this strategy at the end of the year. She appears as a natural successor to Welch, and, given their long tenure together on John Hancock Financial Industries, we expect a smooth transition here. Furthermore, the continuing presence of Scanlon on equities and Jeffrey Given as the bond-sleeve manager provides vast continuity and keeps the strategy’s Above Average People rating unchanged by Welch’s retirement. As such, the strategy retains its Morningstar Analyst Rating of Bronze for its cheapest share classes, while its most expensive share classes earn a Neutral rating.

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