Poly(vinyl alcohol) (PVA) melt-spun fibers with circular cross-section and uniform structure, which could support high stretching, were prepared by using water as plasticizer. The effects of water content on drawability, crystallization structure, and mechanical properties of the fibers were studied. The results showed that the maximum draw ratio of PVA fibers decreased with the increase of water content due to the intensive evaporation of excessive water in PVA fibers at high drawing temperature. Hot drying could remove partially the water content in PVA as-spun fibers, thus reducing the defects caused by the rapid evaporation of water and enhancing the drawability of PVA fibers at high drawing temperature. The decreased water content also improved the orientation and crystallization structure of PVA, thus producing a corresponding enhancement in the mechanical properties of the fibers. When PVA as-spun fibers with 5 wt % water were drawn at 180 degrees C, the maximum draw ratio of 11 was obtained and the corresponding tensile strength and modulus reached approximate to 0.9 GPa and 24 GPa, respectively. Further drawing these fibers at 215 degrees C and thermal treating them at 220 degrees C for 1.5 min, drawing ratio of 16 times, tensile strength of 1.9 GPa, and modulus of 39.5 GPa were achieved. (c) 2017 Wiley Periodicals, Inc. J. Appl. Polym. Sci. 2017, 134, 45436.