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John Hancock Premium Div FundPDT +0.08%32 Debt-to-Equity is 0.51 as of Apr. 2026, which is 7% below its 10-year median of 0.55. GuruFocus rates PDT with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 961 Asset Management companies, John Hancock Premium Div Fund ranks worse than 72.94% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for John Hancock Premium Div Fund's Debt-to-Equity or its related term are showing as below:
PDT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.55 Max: 0.72
Current: 0.51
During the past 9 years, the highest Debt-to-Equity Ratio of John Hancock Premium Div Fund was 0.72. The lowest was 0.50. And the median was 0.55.
PDT's Debt-to-Equity is ranked worse than 72.94% of 961
companies
in the Asset Management industry
Industry Median: 0.21
vs PDT: 0.51
John Hancock Premium Div Fund (NYSE:PDT) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
John Hancock Premium Div Fund Debt-to-Equity Related Terms
John Hancock Premium Div Fund Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
John Hancock Premium Div Fund Debt-to-Equity Chart
PDT vs HKHC, NCDL, VINP: Debt-to-Equity Comparison
For the Asset Management subindustry, John Hancock Premium Div Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
John Hancock Premium Div Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Premium Div Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where John Hancock Premium Div Fund's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
John Hancock Premium Div Fund (PDT) has a Debt-to-Equity of 0.51 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on John Hancock Premium Div Fund and its competitors. This is near median its historical median of 0.55. Over the past decade, John Hancock Premium Div Fund's Debt-to-Equity has ranged from 0.50 to 0.72. According to the industry distribution chart, John Hancock Premium Div Fund ranks #701 out of 961 companies in the Asset Management industry, placing it in the top 72.9%.
Is John Hancock Premium Div Fund's Debt-to-Equity too high?
John Hancock Premium Div Fund's current Debt-to-Equity of 0.51 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.72. The Asset Management industry median Debt-to-Equity is 0.21. John Hancock Premium Div Fund's value of 0.51 is 142.9% above this industry median. Based on the distribution chart, John Hancock Premium Div Fund ranks #701 out of 961 companies in the Asset Management industry, which is below the industry midpoint. Overall, John Hancock Premium Div Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Premium Div Fund's Debt-to-Equity compare to HKHC and NCDL?
According to the Asset Management industry distribution chart, John Hancock Premium Div Fund ranks #701 out of 961 companies for Debt-to-Equity. This places John Hancock Premium Div Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. John Hancock Premium Div Fund's value of 0.51 is 142.9% above this benchmark. Historically, John Hancock Premium Div Fund's own Debt-to-Equity has ranged from 0.50 to 0.72 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.21, John Hancock Premium Div Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Premium Div Fund's current Debt-to-Equity of 0.51 is 142.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on John Hancock Premium Div Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Premium Div Fund's current Debt-to-Equity is 0.51, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Premium Div Fund stock overvalued right now?
John Hancock Premium Div Fund (PDT) has a current Debt-to-Equity of 0.51. The current Debt-to-Equity is 0.51, which is near median its 10-year median of 0.55 and 142.9% above the Asset Management industry median of 0.21. John Hancock Premium Div Fund's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For John Hancock Premium Div Fund (PDT), the current Debt-to-Equity is 0.51 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
John Hancock Premium Div Fund Business Description
John Hancock Premium Div Fund is a United States-based closed-end management investment company. It seeks to provide a high current income consistent with modest capital growth. The fund will pursue its objective by investing in a diversified portfolio comprised of dividend-paying preferred securities and common equity securities. The portfolio composition of the fund consists of preferred securities, common stocks, corporate bonds, capital preferred securities, and short-term investments.
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