| Indicators | Browse All

John Hancock Diversified Income Fund (HEQ)

Financial Services | Asset Management | Boston, United States | NYSE
11.36 USD +0.02 (0.221%) ⇧ (Oct. 16, 2026, 3:32 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 5:20 a.m. EDT

The immediate outlook remains flat due to a lack of directional momentum; the stock is trading near its 52-week low with no clear catalyst to spark a rally in the coming weeks. However, the long-term investment case is severely compromised by a decade-long structural decline. Despite a recent annual recovery, the asset has lost over one-third of its value since 2016, and the market has consistently punished this fund, suggesting deep-seated issues with its underlying holdings or management strategy that persist despite the current discount. While insiders have recently purchased shares, indicating some confidence at these depressed levels, this does not outweigh the fundamental reality of a business that has failed to generate sustained growth over the last nine years. The valuation appears cheap, but the persistent underperformance suggests the market sees significant risks in the fund's composition or the broader asset class it targets. Consequently, the dividend yield, while attractive at 9%, is likely a compensation for the high risk of capital loss rather than a sign of a stable income machine.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.021499
AutoARIMA0.021618
AutoTheta0.021803
MSTL0.022153

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 65%
H-stat 0.91
Ljung-Box p 0.000
Jarque-Bera p 0.185
Excess Kurtosis -0.95
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-10
Last Dividend Date 2026-09-10
Market Cap 135,448,960
Trailing P/E 6.76
Previous Name John Hancock Hedged Equity & Income Fund
Website https://www.jhinvestments.com/Fund/Overview.aspx?ProductType=ClosedEnd&FundID=2Y61&ClassCode=CE

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.21% 9.02% 9.46% 9.57%
Dividend History
Date Dividend Yield %
2026-09-11 0.250 2.210433
2026-06-11 0.250 2.185315
2026-03-12 0.250 2.293578
2025-12-11 0.250 2.332089
2025-09-12 0.250 2.351834
2025-06-12 0.250 2.367424
2025-03-13 0.250 2.455796
2024-12-12 0.250 2.349624
2024-09-13 0.250 2.347418
2024-06-13 0.250 2.467917
2024-03-08 0.250 2.467917
2023-12-08 0.250 2.561475
2023-09-08 0.250 2.470356
2023-06-09 0.290 2.751423
2023-03-10 0.290 2.591600
2022-12-09 0.290 2.465986
2022-09-09 0.290 2.299762
2022-06-10 0.290 2.251553
2022-03-10 0.290 2.336825
2021-12-10 0.290 2.310757
2021-09-10 0.290 2.195307
2021-06-10 0.290 2.230769
2021-03-10 0.290 2.461800
2020-12-10 0.290 2.489270
2020-09-10 0.290 2.705224
2020-06-10 0.376 3.194562
2020-03-11 0.376 3.047002
2019-12-11 0.376 2.703091
2019-09-12 0.376 2.718727
2019-06-12 0.376 2.736536
2019-03-08 0.376 2.594893
2018-12-12 0.376 2.768778
2018-09-13 0.376 2.405630
2018-06-08 0.376 2.246117
2018-03-09 0.376 2.240763
2017-12-08 0.532 3.123899
2017-09-08 0.376 2.196262
2017-06-08 0.376 2.202695
2017-03-09 0.376 2.282939
2016-12-08 0.376 2.387302
2016-09-08 0.376 2.345602
2016-06-09 0.376 2.498339
2016-03-09 0.376 2.620209
2015-12-09 0.376 2.607490
2015-09-09 0.376 2.563054
2015-06-09 0.376 2.338308
2015-03-10 0.376 2.305334
2014-12-09 0.376 2.246117
2014-09-10 0.376 2.097044
2014-06-10 0.376 2.021505
2014-03-11 0.376 2.178447
2013-12-10 0.376 2.219599
2013-09-11 0.323 1.915777
2013-06-11 0.323 1.952841
2013-03-07 0.323 1.968312
2012-12-11 0.323 2.109732
2012-09-12 0.323 2.022542
2012-06-07 0.334 2.190164
2012-03-08 0.324 2.014925
2011-12-08 0.308 2.081081
2011-09-08 0.363 2.377210
Additional Data
dividendRate 1.0
dividendYield 8.83
exDividendDate 2026-09-11
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.25
lastDividendDate 2026-09-11

Info Dump

Attribute Value
52 Week Change 0.066854954
Address1 200 Berkeley Street
All Time High 20.75
All Time Low 8.02
Ask 11.39
Ask Size 1,200
Average Daily Volume10 Day 29,900
Average Daily Volume3 Month 23,156
Average Volume 23,156
Average Volume10Days 29,900
Bid 4.54
Bid Size 100
City Boston
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.355
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 11.38
Day Low 11.173
Display Name John Hancock Dvsfd Income Fund
Dividend Rate 1.0
Dividend Yield 8.83
Ebitda Margins 0.0
Eps Trailing Twelve Months 1.68
Esg Populated 0
Ex Dividend Date 1,789,084,800
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.4886
Fifty Day Average Change -0.13360023
Fifty Day Average Change Percent -0.01162894
Fifty Two Week Change Percent 6.6854954
Fifty Two Week High 12.0
Fifty Two Week High Change -0.64500046
Fifty Two Week High Change Percent -0.05375004
Fifty Two Week Low 10.5
Fifty Two Week Low Change 0.85499954
Fifty Two Week Low Change Percent 0.08142853
Fifty Two Week Range 10.5 - 12.0
First Trade Date Milliseconds 1,306,503,000,000
Five Year Avg Dividend Yield 9.59
Full Exchange Name NYSE
Fullday Change 0.024299622
Fullday Change Percent 0.21445826
Fullday Price 11.355
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.00154
Held Percent Institutions 0.39058
Implied Shares Outstanding 11,928,574
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,789,084,800
Last Dividend Value 0.25
Long Business Summary John Hancock Diversified Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives such as call options and equity futures. John Hancock Diversified Income Fund was formed on May 26, 2011 and is domiciled in the United States.
Long Name John Hancock Diversified Income Fund
Market us_market
Market Cap 135,448,960
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_109542313
Name Change Date 2,026-10-16
Non Diluted Market Cap 135,627,886
Open 11.29
Operating Margins 0.0
Payout Ratio 0.5969
Phone 617 663 3000
Prev Name John Hancock Hedged Equity & Income Fund
Previous Close 11.33
Price Hint 2
Profit Margins 0.0
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0249996
Regular Market Change Percent 0.22065
Regular Market Day High 11.38
Regular Market Day Low 11.173
Regular Market Day Range 11.173 - 11.38
Regular Market Open 11.29
Regular Market Previous Close 11.33
Regular Market Price 11.355
Regular Market Time 1,792,179,132
Regular Market Volume 9,736
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 11,928,574
Shares Percent Shares Out 0.0022
Shares Short 25,696
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 10,574
Short Ratio 1.11
Source Interval 15
State MA
Symbol HEQ
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.68
Trailing P E 6.7589283
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.3435
Two Hundred Day Average Change 0.011499405
Two Hundred Day Average Change Percent 0.0010137439
Type Disp Equity
Volume 9,736
Website https://www.jhinvestments.com/Fund/Overview.aspx?ProductType=ClosedEnd&FundID=2Y61&ClassCode=CE
Zip 2,116