JHancock Premium Dividend Fund:PDT

    Manage Alerts

    Overview

    As of 11/27/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$10.53$11.36-7.31%
    52 Wk Avg$11.63$11.95-2.97%
    52 Wk High$14.22$13.697.21%
    52 Wk Low$8.77$10.37-13.92%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.40%
    Distribution Amount$0.0825
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To provide high current income, consistent with modest growth of capital for holders of its common shares, through investment in a diversified portfolio of dividend-paying preferred and common stocks.The fund will invest in common stocks of issuers whose senior debt is rated investment grade or, in the case of issuers that have no rated senior debt is considered by the Adviser to be comparable quality. 80% of funds total assets consist of preferred stocks and debt obligations rated A or higher.

    Capital Structure

    As of 11/27/2023

    Total Investment Exposure:$932.322M
    Total Common Assets:$558.622M
    Common Shares Outstanding:49,174,486
    Leverage

    As of 11/27/2023

    Preferred Share Assets:
    Total Debt (USD): $373.700M
    Regulatory Leverage (USD): $373.700M
    Effective Leverage (USD): $373.700M
    Effective Leverage (%): 40.08%
    Annual Expense Ratios

    As of 10/31/2023

      Per Common Share
    Management Fees1.18%
    Other Expenses:0.22%
    Baseline Expense: N/A
    Interest Expense:1.01%
    Total: 2.41%
    Fund Management

    Fund Sponsor
    John Hancock

    Portfolio Managers
    Caryn E. Rothman, James Gearhart, Jonas Grazulis, Joseph H. Bozoyan

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: PDT
    NAV Ticker: XPDTX
    Average Daily Volume (shares): 129,760
    Average Daily Volume (USD): $1.479M
    Inception Date: 12/21/1989
    Inception Share Price: $12.00
    Inception NAV: $10.98
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 11/27/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 4/30/2023    		 $0.2658
    Annualized Distribution Rate on NAV:
    As of 11/27/2023    		8.71%
    Total Return on NAV (12 months):
    As of 11/27/2023    		-8.01%
    Avg. Portfolio Coupon:
    As of 11/27/2023    		 5.68%
    Total % Portfolio Effectively Leveraged:
    As of 11/27/2023     		40.08%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/28/2023

    PeriodAvg Discount
    6 Month-7.63%
    1 Year-2.97%
    3 Year4.81%
    5 Year6.00%
    Z-Score

    As of 11/27/2023

    PeriodZStat
    3 Month1.59
    6 Month0.07
    1 Year-0.74
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2023
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-19.93%-11.28%-9.34%-4.50%
    2022-15.98%-6.67%-22.47%-15.85%
    202126.35%19.23%8.08%8.68%
    2020-14.05%-7.42%4.66%3.39%
    201939.79%29.84%34.61%24.84%
    2018-12.18%-5.01%-10.75%-7.07%
    201721.75%11.95%15.74%14.49%
    201625.37%10.87%12.97%6.81%
    20158.02%3.98%7.23%5.58%
    201427.87%26.12%18.73%17.64%
    2013-5.55%1.55%-4.38%2.61%
    20127.83%13.83%20.08%24.89%
    201126.14%17.60%15.57%6.61%
    201025.87%20.88%  
    200954.27%38.53%  
    2008-21.87%-21.49%  
    2007-8.10%-5.82%  
    200619.71%15.88%  
    2005-5.91%3.88%  
    20049.15%12.76%  
    200326.06%27.89%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/31/2023
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 11/27/2023    		5.68%
    Number of Holdings:
    As of 9/30/2023    		120
    Annual Portfolio Turnover:
    As of 10/31/2023    		16.00%
    Average Bond Price:
    As of 9/30/2023    		$93.06
    Asset Allocation

    As of 9/30/2023

    Top Sectors

    As of 9/30/2023

    Sector%Portfolio
    Corporate (Super Sector)47.00%
    Preferred Stock38.44%
    Defensive (Super Sector)34.06%
    Utilities33.13%
    Sensitive (Super Sector)12.09%
    Energy9.45%
    Corporate Bond8.56%
    Cyclical (Super Sector)3.02%
    Communication Services2.64%
    Financial Services1.97%
    Top Holdings

    As of 9/30/2023

    HoldingValue% Portfolio
    B0354870 Irs Usd R V 00msofr$187.00M20.57%
    B0512013 Irs Usd R V 00msofr 30512013flo Ccpois$93.00M10.23%
    BP PLC ADR$27.33M3.01%
    Williams Companies Inc$26.95M2.96%
    Duke Energy Corp$20.74M2.28%
    OGE Energy Corp$17.66M1.94%
    NiSource Inc$16.54M1.82%
    Citizens Financial Group Inc 8.53335%$16.11M1.77%
    B0512013 Irs Usd P F 3.47300 30512013fix Ccpois$-90.14M-9.92%
    B0354870 Irs Usd P F 3.66240$-182.12M-20.03%
    Credit Quality

    As of 9/30/2023

    Maturity Breakdown

    As of 9/30/2023

    Country Allocation

    As of 9/30/2023

    Country% Portfolio
    United States - Equity43.13%
    United Kingdom - Equity4.10%
    United States - Fixed Income2.86%
    Canada - Equity1.94%
    Canada - Fixed Income1.65%
    France - Fixed Income1.55%
    United Kingdom - Fixed Income1.54%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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