Emerging Markets Value Trust
Fund
JHVTX
Price as of:
$10.04
+ $0.02
+ 0.20%
Primary Theme
fund company
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.0%
1 yr return
8.9%
3 Yr Avg Return
0.5%
5 Yr Avg Return
2.4%
Net Assets
$221 M
Holdings in Top 10
15.5%
52 WEEK LOW AND HIGH
$10.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JHVTX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.55%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEmerging Markets Value Trust
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateMay 01, 2007
-
Shares Outstanding19278711
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJed Fogdall
Fund Description
Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in companies associated with emerging markets designated from time to time by the subadvisor. (The fund will provide written notice to shareholders at least 60 days prior to a change in its 80% investment policy.)The fund seeks long-term capital growth through investment primarily in emerging market equity securities. The fund seeks to achieve its investment objective by investing in companies associated with emerging markets, which may include frontier markets (emerging market countries at an earlier stage of development), authorized for investment by the subadvisor (“Approved Markets”) from time to time. The fund invests its assets primarily in Approved Market equity securities listed on bona fide securities exchanges. (Approved Market Securities are defined below.) These exchanges may be either within or outside the issuer’s domicile country. The securities may be listed or traded in the form of American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), Global Depositary Receipts (GDRs), Non-Voting Depositary Receipts (NVDRs) or other similar securities, including dual-listed securities.The fund seeks to purchase emerging market equity securities that are deemed by the subadvisor to be value stocks at the time of purchase. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the subadvisor may consider additional factors, such as price-to-cash flow or price-to-earnings ratios.In addition, the subadvisor may adjust the representation in the fund of an eligible company, or exclude a company, after considering such factors as free float, price momentum, short-run reversals, trading strategies, liquidity, size, relative price, profitability, investment characteristics, and other factors the subadvisor determines to be appropriate. In assessing profitability, the subadvisor considers different ratios, such as that of earnings or profits from operations relative to book value or assets. In assessing a company’s investment characteristics, the subadvisor considers ratios such as recent changes in assets divided by total assets. The criteria the subadvisor uses for assessing relative price, profitability and investment characteristics are subject to change from time to time.The fund will also seek to purchase emerging market equity securities across all market capitalizations, and specifically those which are deemed by the subadvisor to be value stocks at the time of purchase, as described in the paragraph above. The fund may not invest in certain eligible companies or Approved Markets described above because of constraints imposed within Approved Markets, restrictions on purchases by foreigners and the fund’s policy to invest no more than 25% of its total assets in any one industry at the time of purchase. The fund may invest in financial services companies.The fund also may invest up to 10% of its total assets in shares of other investment companies that invest in one or more Approved Markets, although it intends to do so only where access to those markets is otherwise significantly limited.In determining what countries are eligible markets for the fund, the subadvisor may consider various factors, including without limitation, the data, analysis and classification of countries published or disseminated by the World Bank, the International Finance Corporation, FTSE Russell, and MSCI. Approved emerging markets may not include all emerging markets classified by such entities. In determining whether to approve markets for investment, the subadvisor may take into account, among other things, market liquidity, relative availability of investor information, and government regulation, including fiscal and foreign exchange repatriation rules and the availability of other access to these markets for the fund.The fund may use derivatives such as futures contracts and options on futures contracts to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the fund. The fund may enter into futures contracts and options on futures contracts for Approved Markets or other equity market securities and indices, including those of the United States. The fund may also enter into forward currency contracts to facilitate the settlement of equity purchases of foreign securities, repatriation of foreign currency balances or exchange of one foreign currency to another currency. In addition to money market instruments and other short-term investments, the fund may invest in affiliated and unaffiliated unregistered money market funds to manage the fund’s cash pending investment in other securities or to maintain liquidity for the payment of redemptions or other purposes. Investments in money market funds may involve a duplication of certain fees and expenses.The fund’s policy of seeking broad market diversification means the subadvisor will not utilize “fundamental” securities research techniques in identifying security selections. Generally, changes in the composition and relative ranking (in terms of price-to-book ratio) of the stocks that are eligible for purchase by the fund take place with every trade when the securities markets are open for trading due primarily to price changes of such securities. On a periodic basis, the subadvisor will identify value stocks that are eligible for investment and re-evaluate eligible value stocks no less than semiannually.Generally, the fund does not seek current income as an investment objective, and investments will not be based upon an issuer’s dividend payment policy or record. However, many of the companies whose securities will be held by the fund do pay dividends. It is anticipated, therefore, that the fund will receive dividend income.Approved MarketsAs of the date of this prospectus, the fund is authorized to invest in the countries listed below. The subadvisor will determine in its discretion when and whether to invest in countries that have been authorized, depending on a number of factors, such as asset growth in the fund, constraints imposed within Approved Markets, and characteristics of each country’s markets. The subadvisor also may authorize other countries for investment in the future, in addition to the countries listed below. Also, the fund may continue to hold investments in countries that are not currently authorized for investment, but had been authorized for investment in the past. Emerging markets approved for investment may include countries in an earlier stage of development that are sometimes referred to as frontier markets.•Brazil•Chile•China•Colombia•Czech Republic•Greece•Hungary•India•Indonesia•Kuwait•Malaysia•Mexico•Philippines•Poland•Qatar•Saudi Arabia•South Africa•South Korea•Taiwan•Thailand•Turkey•United Arab EmiratesApproved Market Securities“Approved Market Securities” are defined as securities that are associated with an Approved Market, and include, among others: (a) securities of companies that are organized under the laws of, or maintain their principal place of business in, an Approved Market; (b) securities for which the principal trading market is in an Approved Market; (c) securities issued or guaranteed by the government of an Approved Market country, its agencies or instrumentalities, or the central bank of such country; (d) securities of companies that derive at least 50% of their revenues or profits from goods produced or sold, investments made or services performed in Approved Markets or have at least 50% of their assets in Approved Markets; (e) securities included in the fund’s benchmark index which tracks Approved Markets; or (f) depositary shares of companies associated with Approved Markets under the criteria above. Approved Market Securities may include securities of companies that have characteristics and business relationships common to companies in other countries. As a result, the value of the securities of such companies may reflect economic and market forces in such other countries as well as in the Approved Markets. The subadvisor, however, will select only those companies which, in its view, have sufficiently strong exposure to economic and market forces in Approved Markets that satisfy the criteria described above. The fund also may obtain exposure to Approved Market Securities by investing in derivative instruments that derive their value from Approved Market Securities, or by investing in securities of pooled investment vehicles that invest at least 80% of their assets in Approved Market Securities.
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JHVTX - Performance
Return Ranking - Trailing
| Period | JHVTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -11.9% | 9.8% | 51.42% |
| 1 Yr | 8.9% | -13.6% | 30.1% | 31.12% |
| 3 Yr | 0.5%* | -24.9% | 7.2% | 8.49% |
| 5 Yr | 2.4%* | -8.7% | 10.6% | 35.23% |
| 10 Yr | N/A* | -3.1% | 6.1% | 51.51% |
* Annualized
Return Ranking - Calendar
| Period | JHVTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.2% | -6.5% | 35.5% | 17.48% |
| 2022 | -15.4% | -50.1% | -2.4% | 5.45% |
| 2021 | 8.6% | -33.1% | 22.5% | 5.46% |
| 2020 | 1.2% | -22.1% | 80.1% | 93.52% |
| 2019 | 7.1% | -0.7% | 42.0% | 96.17% |
Total Return Ranking - Trailing
| Period | JHVTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -11.9% | 9.8% | 51.42% |
| 1 Yr | 8.9% | -13.6% | 30.1% | 31.12% |
| 3 Yr | 0.5%* | -24.9% | 7.2% | 8.49% |
| 5 Yr | 2.4%* | -8.7% | 10.6% | 35.23% |
| 10 Yr | N/A* | -3.1% | 6.1% | 49.70% |
* Annualized
Total Return Ranking - Calendar
| Period | JHVTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.1% | -2.7% | 42.0% | 24.39% |
| 2022 | -11.6% | -42.2% | 1.9% | 3.63% |
| 2021 | 11.2% | -32.5% | 33.1% | 10.03% |
| 2020 | 1.2% | -20.0% | 81.6% | 94.75% |
| 2019 | 8.1% | 2.3% | 42.0% | 98.25% |
NAV & Total Return History
JHVTX - Holdings
Concentration Analysis
| JHVTX | Category Low | Category High | JHVTX % Rank | |
|---|---|---|---|---|
| Net Assets | 221 M | 682 K | 103 B | 64.39% |
| Number of Holdings | 2276 | 10 | 7049 | 3.48% |
| Net Assets in Top 10 | 34.3 M | 118 K | 19.2 B | 70.82% |
| Weighting of Top 10 | 15.51% | 0.7% | 122.2% | 94.64% |
Top 10 Holdings
- RELIANCE INDUSTRIES LTD GDR 2.46%
- CHINA CONSTRUCTION BANK CORP COMMON STOCK CNY1.0 2.04%
- SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 2.02%
- PETROLEO BRASILEIRO SA PREFERENCE 1.68%
- ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125 1.43%
- PETROLEO BRASILEIRO SA COMMON STOCK 1.37%
- HON HAI PRECISION INDUSTRY CO COMMON STOCK TWD10.0 1.26%
- AXIS BANK LTD COMMON STOCK INR2.0 1.13%
- ICICI BANK LTD COMMON STOCK INR2.0 1.06%
- PING AN INSURANCE GROUP CO OF COMMON STOCK CNY1.0 1.05%
Asset Allocation
| Weighting | Return Low | Return High | JHVTX % Rank | |
|---|---|---|---|---|
| Stocks | 96.76% | 0.00% | 103.65% | 54.62% |
| Preferred Stocks | 2.47% | 0.00% | 10.09% | 21.15% |
| Cash | 0.74% | -2.03% | 99.29% | 75.50% |
| Other | 0.03% | -1.64% | 50.31% | 15.39% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 67.25% |
| Bonds | 0.00% | 0.00% | 94.30% | 70.95% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JHVTX % Rank | |
|---|---|---|---|---|
| Financial Services | 29.01% | 0.00% | 48.86% | 6.50% |
| Basic Materials | 16.13% | 0.00% | 30.03% | 2.17% |
| Technology | 12.05% | 0.00% | 47.50% | 92.82% |
| Energy | 9.64% | 0.00% | 24.80% | 5.96% |
| Industrials | 9.25% | 0.00% | 43.53% | 20.19% |
| Consumer Cyclical | 8.64% | 0.00% | 48.94% | 86.45% |
| Real Estate | 5.08% | 0.00% | 17.15% | 8.40% |
| Communication Services | 3.38% | 0.00% | 39.29% | 91.60% |
| Consumer Defense | 3.11% | 0.00% | 25.90% | 90.38% |
| Healthcare | 2.40% | 0.00% | 16.53% | 74.39% |
| Utilities | 1.32% | 0.00% | 39.12% | 48.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JHVTX % Rank | |
|---|---|---|---|---|
| Non US | 91.31% | 0.00% | 100.18% | 28.51% |
| US | 5.45% | 0.00% | 101.58% | 69.34% |
JHVTX - Expenses
Operational Fees
| JHVTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.03% | 24.48% | 76.08% |
| Management Fee | 0.83% | 0.00% | 2.00% | 31.90% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.18% |
| Administrative Fee | 0.25% | 0.01% | 0.85% | 88.94% |
Sales Fees
| JHVTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JHVTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JHVTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.00% | 189.00% | 20.85% |
JHVTX - Distributions
Dividend Yield Analysis
| JHVTX | Category Low | Category High | JHVTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.56% | 0.00% | 10.29% | 59.17% |
Dividend Distribution Analysis
| JHVTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| JHVTX | Category Low | Category High | JHVTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.55% | -1.98% | 17.62% | 9.31% |
Capital Gain Distribution Analysis
| JHVTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 25, 2023 | $0.157 | OrdinaryDividend |
| Oct 26, 2022 | $0.364 | OrdinaryDividend |
| Oct 27, 2021 | $0.262 | OrdinaryDividend |
| Nov 22, 2019 | $0.090 | OrdinaryDividend |
| Nov 21, 2018 | $0.171 | OrdinaryDividend |
| Aug 24, 2018 | $0.099 | ExtraDividend |
| Nov 22, 2017 | $0.098 | OrdinaryDividend |
| Aug 25, 2017 | $0.068 | ExtraDividend |
| Nov 23, 2016 | $0.084 | OrdinaryDividend |
| Aug 26, 2016 | $0.085 | ExtraDividend |
| Aug 27, 2015 | $0.119 | ExtraDividend |
| Nov 27, 2013 | $0.091 | OrdinaryDividend |
| Nov 28, 2012 | $0.109 | OrdinaryDividend |
| Dec 23, 2011 | $0.130 | OrdinaryDividend |
| Aug 29, 2011 | $0.070 | ExtraDividend |
| Dec 27, 2010 | $0.099 | OrdinaryDividend |
| Jul 28, 2010 | $0.099 | ExtraDividend |
| Dec 19, 2009 | $0.007 | OrdinaryDividend |
| Apr 30, 2009 | $0.007 | OrdinaryDividend |
| Dec 19, 2008 | $0.233 | OrdinaryDividend |
| Apr 11, 2008 | $0.026 | OrdinaryDividend |
| Dec 21, 2007 | $0.094 | OrdinaryDividend |
JHVTX - Fund Manager Analysis
Managers
Jed Fogdall
Start Date
Tenure
Tenure Rank
May 03, 2010
12.08
12.1%
Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.
Bhanu Singh
Start Date
Tenure
Tenure Rank
Aug 10, 2015
6.81
6.8%
Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.
Allen Pu
Start Date
Tenure
Tenure Rank
Apr 27, 2020
2.09
2.1%
Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Commit- tee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art.
Ethan Wren
Start Date
Tenure
Tenure Rank
Apr 27, 2020
2.09
2.1%
Mr. Wren is a Vice President and Senior Portfolio Manager of the Dimensional Fund Advisors LP. Mr. Wren holds an MBA and an MPA from the University of Texas at Austin. Mr. Wren joined the Dimensional in 2010, has been a portfolio manager since 2018.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.54 | 13.42 |