John Hancock Premium Dividend Fund (PDT)
The fund focuses on generating high current income while also aiming for modest capital growth. It primarily invests in dividend-paying securities, with a diversified portfolio that includes preferred stocks and common equity securities, particularly in the utilities sector.
Fund Info
| ISIN | US41013T1051 |
|---|---|
| Issuer | John Hancock |
| Inception Date | Dec 14, 1989 |
| Category | Dividend |
| Home Page | www.jhinvestments.com |
| Asset Class | Equity |
Expense Ratio
PDT has a high expense ratio of 5.06%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PDT vs. SCHD, PDT vs. HDV, PDT vs. VDIGX, PDT vs. BKLN, PDT vs. SPY, PDT vs. HTDIX, PDT vs. UTG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Premium Dividend Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
John Hancock Premium Dividend Fund had a return of 30.88% year-to-date (YTD) and 37.77% in the last 12 months. Over the past 10 years, John Hancock Premium Dividend Fund had an annualized return of 7.88%, while the S&P 500 had an annualized return of 11.33%, indicating that John Hancock Premium Dividend Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 30.88% | 24.30% |
| 1 month | -2.31% | 4.09% |
| 6 months | 16.00% | 14.29% |
| 1 year | 37.77% | 35.42% |
| 5 years (annualized) | 2.71% | 13.95% |
| 10 years (annualized) | 7.88% | 11.33% |
Monthly Returns
The table below presents the monthly returns of PDT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.65% | 7.36% | 1.49% | -2.75% | 2.95% | 3.17% | 5.75% | 6.78% | 1.40% | -2.35% | 30.88% | ||
| 2023 | 3.05% | -1.60% | -3.45% | 3.29% | -11.57% | 6.64% | -2.01% | -10.84% | -4.33% | 0.37% | 14.42% | -1.18% | -9.55% |
| 2022 | -0.68% | -2.29% | 3.01% | -7.56% | 4.93% | -10.25% | 10.47% | 0.68% | -11.45% | 4.08% | 0.93% | -7.04% | -16.30% |
| 2021 | -1.27% | 2.05% | 6.03% | 7.12% | 5.42% | 2.32% | -0.32% | 0.57% | -0.45% | 4.51% | -0.36% | -1.78% | 25.98% |
| 2020 | 2.11% | -18.35% | -17.78% | 10.70% | 3.19% | -2.37% | 3.01% | -2.11% | -5.12% | 1.55% | 12.52% | 2.46% | -14.34% |
| 2019 | 15.95% | 1.74% | 3.02% | 2.10% | -1.08% | 2.70% | 2.29% | 0.69% | 5.44% | -1.80% | -3.41% | 7.28% | 39.28% |
| 2018 | -8.11% | -4.59% | 2.41% | 0.45% | 4.62% | 5.10% | -1.59% | 1.61% | 0.48% | -2.98% | 0.81% | -10.20% | -12.49% |
| 2017 | 0.64% | 2.27% | 0.00% | 4.28% | 3.03% | -0.25% | 2.26% | 1.16% | -0.95% | 1.18% | 2.18% | 3.73% | 21.22% |
| 2016 | 2.12% | 2.10% | 7.15% | 2.78% | 3.55% | 7.18% | 4.00% | -1.15% | -4.34% | -8.22% | -4.17% | 13.68% | 25.30% |
| 2015 | 4.51% | -0.98% | -1.06% | 1.87% | -0.64% | -5.05% | 5.52% | -4.32% | -3.07% | 9.67% | -0.36% | 2.64% | 8.03% |
| 2014 | 3.97% | 5.41% | 3.18% | 4.89% | 0.15% | 1.73% | -2.28% | 3.44% | -2.51% | 4.66% | 3.29% | -0.67% | 27.87% |
| 2013 | 4.64% | -0.67% | 1.53% | 4.50% | -6.73% | -2.45% | 0.44% | -7.39% | -1.19% | 5.19% | -3.25% | 0.64% | -5.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDT is 66, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for John Hancock Premium Dividend Fund (PDT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Premium Dividend Fund provided a 7.66% dividend yield over the last twelve months, with an annual payout of $1.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.00 | $1.09 | $1.18 | $1.08 | $1.20 | $1.21 | $1.21 | $1.71 | $1.44 | $1.08 | $1.01 | $1.25 |
Dividend yield | 7.66% | 10.20% | 9.09% | 6.45% | 8.47% | 6.73% | 8.73% | 9.98% | 9.17% | 7.88% | 7.32% | 10.78% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.00 | $0.83 | |
| 2023 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $1.09 |
| 2022 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.18 |
| 2021 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.08 |
| 2020 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.22 | $1.20 |
| 2019 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.23 | $1.21 |
| 2018 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.23 | $1.21 |
| 2017 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.73 | $1.71 |
| 2016 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.50 | $1.44 |
| 2015 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.18 | $1.08 |
| 2014 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.19 | $1.01 |
| 2013 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.50 | $1.25 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 5.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.39% | Feb 21, 2020 | 22 | Mar 23, 2020 | 303 | Jun 4, 2021 | 325 |
| -52.45% | May 22, 2007 | 352 | Oct 10, 2008 | 242 | Sep 28, 2009 | 594 |
| -40.44% | Nov 18, 2021 | 472 | Oct 5, 2023 | — | — | — |
| -27.82% | Oct 15, 1993 | 275 | Nov 15, 1994 | 219 | Sep 28, 1995 | 494 |
| -26.34% | Sep 28, 1998 | 313 | Dec 22, 1999 | 253 | Dec 21, 2000 | 566 |
Volatility
Volatility Chart
The current John Hancock Premium Dividend Fund volatility is 4.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.