John Hancock Classic Value Fund (PZFVX)

This fund typically dedicates a significant portion, at least 80%, of its net assets to U.S.-based common stocks. The fund manager actively seeks out companies perceived to be undervalued by the broader market, basing these judgments on projections of their future earnings and cash flow. Such companies often exhibit lower valuation metrics, like price-to-book ratios, compared to the average of the S&P 500 Index. Additionally, the fund has the flexibility to allocate up to 20% of its net assets to international securities that are not listed on U.S. exchanges, including depositary receipts.