JHancock Premium Dividend Fund:PDT

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$16.79$14.5815.16%
    52 Wk Avg$15.07$14.146.29%
    52 Wk High$17.45$15.1816.98%
    52 Wk Low$12.00$12.23-3.90%
    Regular Distribution TypeManaged Distribution
    Distribution Rate6.97%
    Distribution Amount$0.0975
    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 9/22/2021

    Total Investment Exposure:$1,084.494M
    Total Common Assets:$710.794M
    Common Shares Outstanding:48,751,300
    Leverage

    As of 9/22/2021

    Preferred Share Assets:
    Total Debt (USD): $373.700M
    Regulatory Leverage (USD): $373.700M
    Effective Leverage (USD): $373.700M
    Effective Leverage (%): 34.46%
    Annual Expense Ratios

    As of 10/31/2020

      Per Common Share
    Management Fees1.24%
    Other Expenses:0.25%
    Baseline Expense: N/A
    Interest Expense:0.82%
    Total: 2.31%
    Fund Management

    Fund Sponsor
    John Hancock

    Portfolio Managers
    Brad Lutz, Joseph H. Bozoyan

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: PDT
    NAV Ticker: XPDTX
    Average Daily Volume (shares): 114,438
    Average Daily Volume (USD): $1.688M
    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 9/22/2021

    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.

    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 4/30/2021
    $0.4536
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    8.02%
    Total Return on NAV (12 months):
    As of 9/22/2021
    25.01%
    Avg. Portfolio Coupon:
    As of 9/22/2021
    4.05%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    34.46%

    Pricing Information

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

    As of 9/23/2021

    PeriodAvg Discount
    6 Month11.08%
    1 Year6.29%
    3 Year7.89%
    5 Year6.24%
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month0.88
    6 Month0.97
    1 Year1.49
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD23.97%15.57%9.33%7.94%
    2020-14.68%-8.09%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%21.80%22.34%
    200954.27%38.53%61.55%52.52%
    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%  
    2002-3.08%-11.36%  
    200112.37%0.82%  
    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 8/31/2021
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/22/2021
    4.05%
    Number of Holdings:
    As of 7/31/2021
    106
    Annual Portfolio Turnover:
    As of 10/31/2020
    24.00%
    Average Bond Price:
    As of 7/31/2021
    $109.38
    Asset Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)49.73%
    Defensive (Super Sector)43.97%
    Utilities43.02%
    Preferred Stock30.28%
    Corporate Bond14.28%
    Sensitive (Super Sector)10.63%
    Energy8.10%
    Convertible5.16%
    Cash Equivalents (Super Sector)2.71%
    Cash Equivalents2.71%
    Top Holdings

    As of 7/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Bl68f9vt Irs Usd R V 03mlibor Sl68f9vt_flo Ccpvanilla$96.00M9.83%
    Dominion Energy Inc Series A$31.40M3.22%
    NextEra Energy Inc Unit (Corporate Unit 09/01/2023)$30.62M3.14%
    Interstate Power and Light Co 5 1/10 % Cum Perp Pfd Shs Series -D-$29.98M3.07%
    Southern Co Unit - Series A (2019)$25.15M2.58%
    Williams Companies Inc$23.17M2.37%
    Duke Energy Corp$23.12M2.37%
    Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-$21.18M2.17%
    Bl68f9vt Irs Usd P F 2.13640 Sl68f9vt_fix Ccpvanilla$-98.35M-10.07%
    Us 10yr Note (Cbt)sep21 Xcbt 20210921$-115.63M-11.84%
    Credit Quality

    As of 7/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 7/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity52.19%
    United States - Fixed Income13.45%
    United Kingdom - Equity2.83%
    Canada - Equity2.26%

    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.

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