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Stock impact report

John Hancock Disciplined Value Mid Cap Fund Q4 2025 Commentary [Seeking Alpha]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Seeking Alpha
The Russell Midcap Value Index—the fund's benchmark—returned 1.42% in the fourth quarter and 11.05% in 2025. Although the fund encountered headwinds in the quarter, we are pleased to have outperformed for the full year in a potentially challenging environment. Ratana21/iStock via Getty Images Highlights The Russell Midcap Value Index—the fund's benchmark—returned 1.42% in the fourth quarter and 11.05% in 2025. The fund underperformed the benchmark in the quarter, but it slightly outperformed over the full year. Stock selection This article was written by Quick Insights Underperformance was primarily due to stock selection, especially the absence of AI-related and media stocks like Warner Brothers Discovery, and weak results from Zebra Technologies and CDW. The fund increased its overweight in healthcare due to improving momentum, trimmed industrials as valuations rose, and reduced IT exposure by selling richly valued AI and data center stocks. Financials led rel Show less Read more
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