John Hancock Premium Dividend Fund (PDT)

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John Hancock Premium Dividend Fund (PDT) is up 3.1% since the beginning of the year. PDT is currently trading at $13 per share. Investors who bought $1,000 worth of PDT shares 5 years ago would now be looking at an investment worth $1,119.

John Hancock Premium Dividend Fund (PDT) has returned 3.12% so far this year and 4.76% over the past 12 months. Over the last ten years, PDT has returned 5.94% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 15, 1989, PDT's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.

Historically, 62% of months were positive and 38% were negative. The best month was Dec 2008 with a return of +19.9%, while the worst month was Feb 2009 at -19.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PDT closed higher 46% of trading days. The best single day was Mar 24, 2020 with a return of +27.6%, while the worst single day was Mar 18, 2020 at -21.0%.

John Hancock Premium Dividend Fund has an annualized alpha of 3.94%, beta of 0.48, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since December 15, 1989.

• This fund participated in 53.34% of S&P 500 Index downside but only 52.95% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.48 may look defensive, but with R2 of 0.17 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.17 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PDT has a high expense ratio of 5.06%, indicating above-average management fees.

PDT ranks 7 for risk / return — in the bottom 7% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

John Hancock Premium Dividend Fund provided a 7.85% dividend yield over the last twelve months, with an annual payout of $0.99 per share.

The table displays the monthly dividend distributions for John Hancock Premium Dividend Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the John Hancock Premium Dividend Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the John Hancock Premium Dividend Fund was 62.39%, occurring on Mar 23, 2020. Recovery took 303 trading sessions.

The current John Hancock Premium Dividend Fund drawdown is 4.78%.

The chart below shows the rolling one-month volatility.