PatGlobDiv_NQ.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811- 06685

John Hancock Patriot Global Dividend Fund
(Exact name of registrant as specified in charter)

601 Congress Street, Boston, Massachusetts 02210

(Address of principal executive offices) (Zip code)

Alfred E. Ouellette, Senior Attorney and Assistant Secretary

 601 Congress Street

Boston, Massachusetts 02210

(Name and address of agent for service)

Registrant's telephone number, including area code: 617-663-4324

Date of fiscal year end:  July 31 
 
Date of reporting period:  October 31, 2005 

ITEM 1. SCHEDULE OF INVESTMENTS
 
 




John Hancock         
Patriot Global Dividend Fund       
Securities owned by the Fund on       
October 31, 2005 (unaudited)       
 
Issuer      Shares  Value 
Common stocks  31.64%      $54,691,160 
(Cost $52,214,962)         
 
Electric Utilities 2.55%      4,398,752 

Cinergy Corp.      50,000  1,995,000 
Great Plains Energy, Inc.      10,750  308,632 
Progress Energy, Inc.      48,000  2,092,320 
Progress Energy, Inc. (Contingent Value Obligation) (B)(I)    35,000  2,800 

Gas Utilities 1.37%
 
      2,376,090 

Atmos Energy Corp.      10,500  276,150 
Peoples Energy Corp.      56,450  2,099,940 

Integrated Telecommunication Services 1.85%
 
    3,196,445 

SBC Communications, Inc.    94,850  2,262,173 
Verizon Communications, Inc.    29,650  934,272 

Multi-Utilities & Unregulated Power 25.87%
 
    44,719,873 

Alliant Energy Corp.      118,420  3,132,209 
Ameren Corp.      30,000  1,578,000 
CH Energy Group, Inc.      120,900  5,627,895 
Dominion Resources, Inc.    47,500  3,613,800 
DTE Energy Co.      116,900  5,050,080 
Duke Energy Corp.      58,000  1,535,840 
Energy East Corp.      194,000  4,626,900 
KeySpan Corp.      102,000  3,526,140 
NiSource, Inc.      44,000  1,040,600 
NSTAR      158,000  4,297,600 
Public Service Enterprise Group, Inc.    16,000  1,006,240 
Sierra Pacific Resources (I)    108,900  1,410,255 
TECO Energy, Inc.      143,700  2,486,010 
WPS Resources Corp.      60,400  3,295,424 
Xcel Energy, Inc.      136,000  2,492,880 

 
  Credit     
Issuer, description    rating (A)  Shares  Value 
Preferred stocks  67.71%      $117,024,470 
(Cost $115,531,020)         
 
Agricultural Products  2.13%      3,687,187 

Ocean Spray Cranberries, Inc., 6.25%, Ser A (S)  BB+  45,000  3,687,187 

Broadcasting & Cable TV 1.40%
 
    2,423,792 

Shaw Communications, Inc., 8.50% (Canada)  B+  95,200  2,423,792 

Page 1


John Hancock       
Patriot Global Dividend Fund       
Securities owned by the Fund on       
October 31, 2005 (unaudited)       
 
Consumer Finance 2.86%      4,945,920 

SLM Corp., 6.97%, Ser A  BBB+  92,000  4,945,920 

Diversified Banks 2.69%
 
    4,647,645 

Bank of America Corp., 6.75%, Depositary Shares, Ser VI  A  77,100  3,997,635 
Royal Bank of Scotland Group Plc, 5.75%, Ser L (United Kingdom)  A  28,200  650,010 

Electric Utilities 17.37%
 
    30,022,741 

Alabama Power Co., 5.20%  BBB+  220,000  5,170,000 
Central Illinois Light Co., 4.64%  Baa2  7,460  663,241 
Central Maine Power Co., 4.75% (G)  Baa2  11,015  903,230 
Connecticut Light & Power Co., 3.90%, Ser 1949  Baa3  27,255  927,523 
Duquesne Light Co., 6.50%  BB+  100,000  5,100,000 
Entergy Mississippi, Inc., 6.25%  BB+  120,000  2,992,500 
Interstate Power & Light Co., 7.10%, Ser C  BBB-  25,000  675,000 
Interstate Power & Light Co., 8.375%, Ser B  BBB-  36,800  1,214,400 
Massachusetts Electric Co., 4.76%  BBB+  6,166  593,285 
Northern Indiana Public Service Co., 7.50%  BB+  22,845  2,328,762 
Sierra Pacific Power Co., 7.80%, Ser 1 (Class A)  CCC+  220,800  5,464,800 
Southern California Edison Co., 6.125%  BBB-  40,000  3,990,000 

Gas Utilities 1.61%
 
    2,776,200 

Southern Union Co., 7.55%  BB+  105,000  2,776,200 

Integrated Oil & Gas 0.58%
 
    1,000,000 

Coastal Finance I, 8.375%  CCC  40,000  1,000,000 

Integrated Telecommunication Services 0.00%
 
    1,393 

Touch America Holdings, Inc., $6.875 (B)(G)(H)  D  13,928  1,393 

Investment Banking & Brokerage 9.24%
 
    15,967,140 

Bear Stearns Cos., Inc. (The), 5.49%, Depositary Shares, Ser G  BBB  56,000  2,758,000 
Bear Stearns Cos., Inc. (The), 5.72%, Depositary Shares, Ser F  BBB  91,000  4,504,500 
Lehman Brothers Holdings, Inc., 5.67%, Depositary Shares, Ser D  A-  147,950  7,323,525 
Lehman Brothers Holdings, Inc., 5.94%, Depositary Shares, Ser C  A-  28,100  1,381,115 

Life & Health Insurance 3.06%
 
    5,289,900 

MetLife, Inc., 6.50%, Ser B  BBB  210,000  5,289,900 

Multi-Utilities & Unregulated Power 6.95%
 
    12,014,630 

Baltimore Gas & Electric Co., 6.99%, Ser 1995  Baa1  10,000  1,044,063 
Energy East Capital Trust I, 8.25%  BBB-  55,700  1,414,223 
Public Service Electric & Gas Co., 4.18%, Ser B  BB+  40,000  3,240,000 
Public Service Electric & Gas Co., 6.92%  BB+  7,000  730,407 
South Carolina Electric & Gas Co., 6.52%  Baa1  55,000  5,585,937 

Oil & Gas Exploration & Production 10.16%
 
    17,566,929 

Anadarko Petroleum Corp., 5.46%, Depositary Shares, Ser B  BBB-  52,300  5,102,519 
Apache Corp., 5.68%, Depositary Shares, Ser B  BBB  48,075  4,833,042 

Page 2


John Hancock         
Patriot Global Dividend Fund         
Securities owned by the Fund on         
October 31, 2005 (unaudited)         


Devon Energy Corp., 6.49%, Ser A
 
  BB+  50,000  5,137,500 
Nexen, Inc., 7.35% (Canada)    BB+  96,400  2,493,868 

Other Diversified Financial Services 4.28%
 
      7,392,600 

Citigroup, Inc., 6.231%, Depositary Shares, Ser H    A  85,200  4,302,600 
JPMorgan Chase & Co., 6.625%, Depositary Shares, Ser H    A-  60,000  3,090,000 

Regional Banks 3.04%
 
      5,248,393 

HSBC USA, Inc., $2.8575 (G)    A1  108,550  5,248,393 

Trucking 2.34%
 
      4,040,000 

AMERCO, 8.50%, Ser A    CCC+  160,000  4,040,000 

 
Interest    Par value   
Issuer, maturity date  rate (%)    ($000)  Value 
Short-term investments 0.65%        $1,117,000 
(Cost $1,117,000)         
 
Commercial Paper 0.65%        1,117,000 

ChevronTexaco Funding Corp., 11-01-05  3.850    1,117  1,117,000 
 
Total investments 100.00%        $172,832,630 

Page 3


John Hancock
Patriot Global Dividend Fund
Footnotes to Schedule of Investments
October 31, 2005 (unaudited)

(A)      Credit ratings are unaudited and are rated by Moody's Investors Service where Standard & Poor's ratings are not available, unless indicated otherwise.
 
(B)      This security is fair valued in good faith under procedures established by the Board of Trustees.
 
(G)      Security rated internally by John Hancock Advisers, LLC.
 
(H)      Non-income-producing issuer filed for protection under the Federal Bankruptcy Code or is in default of interest payment.
 
(I)      Non-income-producing security.
 
(S)      This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $3,687,187 or 2.13% of the Fund's total investments as of October 31, 2005.
 
  Parenthetical disclosure of a foreign country in the security description represents country of a foreign issuer.
 
  The percentage shown for each investment category is the total value of that category as a percentage of the total investments of the Fund.
 
  The cost of investments owned on October 31, 2005, including short-term investments, was $168,862,982. Gross unrealized appreciation and depreciation of investments aggregated $9,647,132 and $5,677,484, respectively, resulting in net unrealized appreciation of $3,969,648.
 

Footnotes to Schedule of Investments - Page 1






ITEM 2. CONTROLS AND PROCEDURES.

(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-Q, the registrant's principal executive officer and principal accounting officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b) There were no changes in the registrant's internal control over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

ITEM 3. EXHIBITS.

Separate certifications for the registrant's principal executive officer and principal accounting officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock Patriot Global Dividend Fund

By:  /s/Keith F. Hartstein 
  Keith F. Hartstein 
  President and Chief Executive Officer 
 
Date:  December 21, 2005 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:  /s/Keith F. Hartstein 
  Keith F. Hartstein 
  President and Chief Executive Officer 
 
Date:  December 21, 2005 
 
 
By:  /s/John G. Vrysen 
  John G. Vrysen 
  Executive Vice President and Chief Financial Officer 
 
Date:  December 21, 2005