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John Hancock Premium Dividend Fund (PDT)

Specialty Equity Funds - Preferred Equity

Data as of March 24, 2023
Market Price $11.85 (+ $0.04)
NAV (March 24, 2023) $11.48 (+ $0.17)
Fund Listed NYSE
Premium / Discount 3.22% (-1.20%)
Fund Info
Inception Dec. 21, 1989
Sponsor John Hancock Advisers
Website https://www.jhinvestme...
Phone 800-338-8080
Location Massachusetts
Incorporated Massachusetts
Staggered Board Yes
Objective: High current income and growth of capital; dividend-paying securities and investment grade preferred stocks and debt obligations
Related Indexes
Preferred Equity Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 49,091,976
Total Assets (Reported: Oct. 31, 2022) $994M
Estimated Total Assets $880M
Net Assets $564M
Market Cap $582M
Portfolio Turnover 16.00%
Total Leverage 35.93%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.41%
Non Lev Exp Ratio 1.39%
Rel Lev Cost 1.77%
Discount Data
Average Discount (3 Yr) 6.75%
Discount Low(3 Yr) -3.90%
Discount High(3 Yr) 21.02%
Discount Rel Range (3 Yr) 28.58%
Comp Discount 8.07
Discount St Dev (1Yr) 3.61
Z-Stat (6mo) -0.20
Z-Stat (1Yr) -0.43
Z-Stat (3Yr) -0.65
Comp Z-Stat (6mo) -0.12
Comp Z-Stat (3Yr) 0.33
Distribution Data
Market Yield 9.87%
Income Yield 2.28%
Lev Adj NAV Yield 7.50%
Distribution Frequency M
Current Distribution $0.098
Current Income $0.023
Ex-Date 3/10/23
Payable Date 3/31/23
Div Growth (3yr) 0.00%
Dividend Change 8.3% on 6/27/16
Expected Div 4/3/23
RoC (1yr) 15.41%
RoC (3yr) 5.10%
Tax Dividend Data 2022 2020 - 2022
Income 76.8% 72.1%
ST Gains 0% 0%
QDI 47.4% 53.4%
LT Gains 23.2% 27.9%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $1,552
Avg Volume 30 day 112,935
Avg Volume 90 day 130,975
Volume Trend -13.77%
Comp Volume Trend -17.89%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Preferred Equity Index
Most Correlated Peer (Mk Pr): JPC 79.0%
NAV - Price Correlation (30 d) 96.2%
NAV - Price Correlation (90 d) 92.9%
NAV - Price Correlation (1 Yr) 90.9%
Price St Dev (1Yr) 24.0%
NAV St Dev (1Yr) 19.2%
Earnings / Share (10/31/22) $0.055
Earn Coverage 56.72%
Earnings Trend Down
UNII / Share (10/31/22) $-0.244
Rel UNII -90.22
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Preferred Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies 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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