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 77 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% | 129.60B | Dec 2013 | PDT vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | PDT vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | PDT vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | PDT vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | PDT vs VDIGX |
Best Risk-Adjusted Alternatives to PDT
PDT has a PortfoliosLab risk / return rank of 12. There are 73 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund Cla... | 94 | — | Mar 2005 | PDT vs SVAAX | |
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | PDT vs VIHAX | |
| Goldman Sachs Equity Income Fund | 94 | — | Feb 1993 | PDT vs GSGRX | |
| Russell Investments Equity Income Fund | 93 | — | Mar 2000 | PDT vs REAYX | |
| Pioneer Multi-Asset Income Fund A | 93 | — | Dec 2011 | PDT vs PMAIX |
Top Performing PDT Alternatives (YTD)
PDT is at 6.22% YTD. There are 70 mutual funds in the Dividend category with higher YTD returns, going as high as 20.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 20.50% | — | Jan 2013 | PDT vs TRDIX | |
| Allspring Emerging Markets Equity Income Fund | 19.85% | — | May 2012 | PDT vs EQIIX | |
| Goldman Sachs Equity Income Fund | 18.64% | — | Feb 1993 | PDT vs GSGRX | |
| Russell Investments Equity Income Fund | 17.91% | — | Mar 2000 | PDT vs REAYX | |
| MFS Equity Income Fund | 17.78% | — | Sep 2012 | PDT vs EQNIX |
Lowest Volatility Alternatives to PDT
PDT has 8.90% 1-year volatility. There are 5 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.96%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.96% | — | Dec 2011 | PDT vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.40% | — | Dec 1973 | PDT vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.18% | — | Jul 1987 | PDT vs CAIFX | |
| American Century Equity Income Fund | 8.58% | 6.45B | Aug 1994 | PDT vs TWEIX | |
| American Century Equity Income Fund Class I | 8.60% | — | Jul 1998 | PDT vs ACIIX |
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 | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | PDT vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | PDT vs CDDYX | |
| Federated Hermes Equity Income Fund | -6.01% | — | Dec 1986 | PDT vs LEIFX |
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 | 87 | 10.52% | — | Oct 1992 | PDT vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 96 | 6.61% | — | Jan 2009 | PDT vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 47 | 14.27% | — | Jun 1997 | PDT vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 57 | 9.92% | — | Nov 2012 | PDT vs JFIVX | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 88 | 18.28% | — | Jan 1997 | PDT vs JVLIX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 23 | 12.83% | — | May 2019 | PDT vs JIJIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 15 | -0.97% | — | Nov 1973 | PDT vs JHNBX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 19 | 3.69% | — | Oct 1984 | PDT vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 94 | 12.87% | — | Apr 2014 | PDT vs JAKVX | |
| John Hancock Small Cap Core Fund | Small Cap Blend Equities | 67 | 23.99% | — | Dec 2013 | PDT vs JCCIX |
Often Compared With PDT
Investors most often compare PDT with PFFA, HTDIX, HDV. These 20 comparison targets span 14 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