NYSE | FUND
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC.
It is co-managed by John Hancock Asset Management.
The fund invests in the public equity markets of the United States.
It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
The fund primarily invests in dividend paying preferred stocks and common stocks of companies.
It benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% S&P 500 Utilities Index.
The fund was formerly known as John Hancock Patriot Premium Dividend Fund II.
John Hancock Premium Dividend Fund was formed on December 21, 1989 and is domiciled in the United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| Williams Companies Inc | 3.30% |
| NextEra Energy Inc Unit (Corporate Unit 09/01/2023) | 2.90% |
| Duke Energy Corp | 2.52% |
| Ocean Spray Cranberries Inc 6 1/4 % Pfd Shs Series -A- -144A- | 2.28% |
| OGE Energy Corp | 2.13% |
| NiSource Inc | 2.03% |
| FirstEnergy Corp | 1.96% |
| PPL Corp | 1.94% |
| Kinder Morgan Inc Class P | 1.83% |
| Alliant Energy Corp | 1.83% |
| Eversource Energy | 1.81% |
| Citizens Financial Group Inc 6% | 1.79% |
| NiSource Inc Units | 1.77% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 1.76% |
| Southern Co Unit - Series A (2019) | 1.76% |
| Public Service Enterprise Group Inc | 1.70% |
| Dominion Energy Inc Series A | 1.65% |
| BNP Paribas SA 7.375% | 1.56% |
| Black Hills Corp | 1.52% |
| Spire Inc | 1.51% |