John Hancock Premium Dividend Fund (PDT) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PDT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDT
PDT charges 5.06% annually. There are 29 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 127.80B | Dec 2013 | PDT vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.10B | Feb 2019 | PDT vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.50B | Mar 2016 | PDT vs VIHAX | |
| Vanguard Dividend Growth Fund | 0.22% | 36.40B | May 1992 | PDT vs VDIGX | |
| American Funds Capital Income Builder Fund Class F... | 0.37% | — | Jul 1987 | PDT vs CAIFX |
Best Risk-Adjusted Alternatives to PDT
PDT has a PortfoliosLab risk / return rank of 15. There are 29 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Columbia Dividend Income Fund Institutional 3 Clas... | 87 | — | Nov 2012 | PDT vs CDDYX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 86 | — | Mar 2005 | PDT vs SVAAX | |
| Vanguard International High Dividend Yield Index F... | 85 | 20.50B | Mar 2016 | PDT vs VIHAX | |
| JPMorgan Equity Income Fund R6 | 84 | — | Jul 1987 | PDT vs OIEJX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 83 | 96.10B | Feb 2019 | PDT vs VHYAX |
Top Performing PDT Alternatives (YTD)
PDT is at 6.96% YTD. There are 23 mutual funds in the Dividend category with higher YTD returns, going as high as 15.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Equity Income Fund R6 | 15.51% | — | Jul 1987 | PDT vs OIEJX | |
| Fidelity Dividend Growth Fund | 15.11% | — | Apr 1993 | PDT vs FDGFX | |
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 15.05% | — | Apr 2015 | PDT vs FDGDX | |
| BlackRock Equity Dividend Fund Investor A Shares | 14.35% | — | Oct 1994 | PDT vs MDDVX | |
| Janus Henderson U.S. Dividend Income Fund Class D | 13.58% | — | Dec 2022 | PDT vs JDDVX |
Lowest Volatility Alternatives to PDT
PDT has 9.02% 1-year volatility. There are 4 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.93% | — | Dec 2011 | PDT vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.41% | — | Dec 1973 | PDT vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.20% | — | Jul 1987 | PDT vs CAIFX | |
| JPMorgan Equity Premium Income Fund Class A | 8.77% | — | Aug 2018 | PDT vs JEPAX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 9.14% | — | Nov 2012 | PDT vs CDDYX |
Lowest Drawdown Alternatives to PDT
PDT has a 1-year max drawdown of -5.38%. There are 2 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | PDT vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | PDT vs SVAAX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | PDT vs CDDYX | |
| American Funds The Income Fund of America Class A | -6.13% | — | Dec 1973 | PDT vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | -6.47% | — | Jul 1987 | PDT vs CAIFX |
Other Mutual Funds from John Hancock
The 10 most viewed John Hancock mutual funds shown here include SVBAX, JAAAX, JVMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| John Hancock Balanced Fund | Diversified Portfolio | 86 | 9.62% | — | Oct 1992 | PDT vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 94 | 5.95% | — | Jan 2009 | PDT vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 32 | 11.90% | — | Jun 1997 | PDT vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 62 | 10.28% | — | Nov 2012 | PDT vs JFIVX | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 85 | 18.12% | — | Jan 1997 | PDT vs JVLIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 22 | -0.30% | — | Nov 1973 | PDT vs JHNBX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 27 | 16.26% | — | May 2019 | PDT vs JIJIX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 14 | 2.85% | — | Oct 1984 | PDT vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 90 | 11.50% | — | Apr 2014 | PDT vs JAKVX | |
| John Hancock Small Cap Core Fund | Small Cap Blend Equities | 53 | 24.61% | — | Dec 2013 | PDT vs JCCIX |
Often Compared With PDT
Investors most often compare PDT with HTDIX, PFFA, UTG. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare PDT with Any Fund or Stock
Compare PDT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDT with funds that move differently
John Hancock Premium Dividend Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDT.
Explore PDT Diversifiers