| 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 P. 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: | April 30, 2006 |
ITEM 1. SCHEDULE OF INVESTMENTS
| John Hancock Patriot Global Dividend Fund Securities owned by the Fund on April 30, 2006 (unaudited) |
| Issuer | Shares | Value | ||
| Common stocks 33.17% | $55,869,937 | |||
| (Cost $52,819,896) | ||||
| Electric Utilities 1.23% | 2,065,600 | |||
|
| ||||
| Progress Energy, Inc. | 48,000 | 2,054,400 | ||
| Progress Energy, Inc. (Contingent Value Obligation) (B)(I) | 35,000 | 11,200 | ||
| Gas Utilities 1.22% | 2,050,829 | |||
|
| ||||
| Peoples Energy Corp. | 56,450 | 2,050,829 | ||
| Integrated Telecommunication Services 2.21% | 3,727,458 | |||
|
| ||||
| AT&T, Inc. | 104,850 | 2,748,118 | ||
| Verizon Communications, Inc. | 29,650 | 979,340 | ||
| Multi-Utilities 27.99% | 47,145,850 | |||
|
| ||||
| Alliant Energy Corp. | 118,420 | 3,784,703 | ||
| Ameren Corp. | 30,000 | 1,511,100 | ||
| CH Energy Group, Inc. | 120,900 | 5,716,152 | ||
| Dominion Resources, Inc. | 47,500 | 3,556,325 | ||
| DTE Energy Co. | 116,900 | 4,767,182 | ||
| Duke Energy Corp. | 134,250 | 3,909,360 | ||
| Energy East Corp. | 194,000 | 4,687,040 | ||
| KeySpan Corp. | 102,000 | 4,118,760 | ||
| NiSource, Inc. | 57,400 | 1,211,714 | ||
| NSTAR | 158,000 | 4,368,700 | ||
| Public Service Enterprise Group, Inc. | 16,000 | 1,003,200 | ||
| SCANA Corp. | 17,700 | 692,778 | ||
| TECO Energy, Inc. | 140,000 | 2,237,200 | ||
| WPS Resources Corp. | 60,400 | 3,019,396 | ||
| Xcel Energy, Inc. | 136,000 | 2,562,240 | ||
| Oil & Gas Storage & Transportation 0.52% | 880,200 | |||
|
| ||||
| Kinder Morgan, Inc. | 10,000 | 880,200 | ||
| Credit | ||||
| Issuer, description | rating (A) | Shares | Value | |
| Preferred stocks 66.26% | $111,589,133 | |||
| (Cost $110,906,756) | ||||
| Agricultural Products 2.05% | 3,456,563 | |||
|
| ||||
| Ocean Spray Cranberries, Inc., 6.25%, Ser A (S) | BB+ | 45,000 | 3,456,563 | |
| Consumer Finance 2.95% | 4,972,600 | |||
|
| ||||
| SLM Corp., 6.97%, Ser A | BBB+ | 92,000 | 4,972,600 | |
Page 1
| John Hancock Patriot Global Dividend Fund Securities owned by the Fund on April 30, 2006 (unaudited) |
| Diversified Banks 0.37% | 621,528 | ||
|
| |||
| Royal Bank of Scotland Group Plc, 5.75%, Ser L (United Kingdom) | A | 28,200 | 621,528 |
| Electric Utilities 19.13% | 32,224,197 | ||
|
| |||
| Alabama Power Co., 5.20% | BBB+ | 220,000 | 4,972,000 |
| Central Illinois Light Co., 4.64% | Baa3 | 7,460 | 579,549 |
| Central Maine Power Co., 4.75% (G) | Baa2 | 11,015 | 859,170 |
| Connecticut Light & Power Co., 3.90%, Ser 1949 | Baa3 | 27,255 | 923,263 |
| Duquesne Light Co., 6.50% | BB+ | 100,000 | 5,115,000 |
| Entergy Arkansas, Inc., 6.45% | BB+ | 50,000 | 1,254,690 |
| Entergy Mississippi, Inc., 6.25% | BB+ | 120,000 | 2,940,000 |
| Interstate Power & Light Co., 7.10%, Ser C | BBB- | 25,000 | 664,063 |
| Interstate Power & Light Co., 8.375%, Ser B | Baa3 | 36,800 | 1,170,240 |
| Massachusetts Electric Co., 4.76% | BBB+ | 6,166 | 537,020 |
| PPL Electric Utilities Corp., 6.25%, Depositary Shares | BBB | 120,000 | 3,000,000 |
| Sierra Pacific Power Co., 7.80%, Ser 1 (Class A) | CCC+ | 220,800 | 5,575,200 |
| Southern California Edison Co., 6.00%, Ser C | BBB- | 6,000 | 582,750 |
| Southern California Edison Co., 6.125% | BBB- | 40,000 | 4,051,252 |
| Gas Utilities 1.92% | 3,225,000 | ||
|
| |||
| Southern Union Co., 7.55% | BB+ | 125,000 | 3,225,000 |
| Investment Banking & Brokerage 9.02% | 15,191,485 | ||
|
| |||
| Bear Stearns Cos., Inc. (The), 5.49%, Depositary Shares, Ser G | BBB | 56,000 | 2,604,000 |
| Bear Stearns Cos., Inc. (The), 5.72%, Depositary Shares, Ser F | BBB | 91,000 | 4,277,000 |
| Lehman Brothers Holdings, Inc., 5.67%, Depositary Shares, Ser D | A- | 145,000 | 6,923,750 |
| Lehman Brothers Holdings, Inc., 5.94%, Depositary Shares, Ser C | A- | 28,100 | 1,386,735 |
| Life & Health Insurance 3.13% | 5,271,000 | ||
|
| |||
| MetLife, Inc., 6.50%, Ser B | BBB | 210,000 | 5,271,000 |
| Multi-Utilities 8.16% | 13,736,494 | ||
|
| |||
| Baltimore Gas & Electric Co., 6.99%, Ser 1995 | Baa2 | 10,000 | 1,041,250 |
| Energy East Capital Trust I, 8.25% | BBB- | 55,700 | 1,396,399 |
| PNM Resources, Inc., 6.75%, Conv | BBB- | 38,110 | 1,852,908 |
| Public Service Electric & Gas Co., 4.18%, Ser B | BB+ | 40,000 | 3,220,000 |
| Public Service Electric & Gas Co., 6.92% | BB+ | 7,000 | 684,687 |
| South Carolina Electric & Gas Co., 6.52% | Baa1 | 55,000 | 5,541,250 |
| Oil & Gas Exploration & Production 9.52% | 16,039,102 | ||
|
| |||
| Anadarko Petroleum Corp., 5.46%, Depositary Shares, Ser B | BBB- | 37,300 | 3,696,199 |
| Apache Corp., 5.68%, Depositary Shares, Ser B | BBB | 48,075 | 4,824,028 |
| Devon Energy Corp., 6.49%, Ser A | BB+ | 50,000 | 5,070,315 |
| Nexen, Inc., 7.35% (Canada) | BB+ | 96,400 | 2,448,560 |
| Other Diversified Financial Services 4.63% | 7,791,580 | ||
|
| |||
| Bank of America Corp., 6.75%, Depositary Shares, Ser VI | A | 69,100 | 3,510,280 |
| Citigroup, Inc., 6.231%, Depositary Shares, Ser H | A | 85,200 | 4,281,300 |
Page 2
| John Hancock | ||||
| Patriot Global Dividend Fund | ||||
| Securities owned by the Fund on | ||||
| April 30, 2006 (unaudited) | ||||
| Regional Banks 3.03% | 5,108,634 | |||
|
| ||||
| HSBC USA, Inc., $2.8575 (G) | A1 | 108,550 | 5,108,634 | |
| Trucking 2.35% | 3,950,950 | |||
|
| ||||
| AMERCO, 8.50%, Ser A | CCC+ | 155,000 | 3,950,950 | |
| Interest | Par value | |||
| Issuer, maturity date | rate (%) | ($000) | Value | |
| Short-term investments 0.57% | $964,750 | |||
| (Cost $964,750) | ||||
| Commercial Paper 0.57% | 964,750 | |||
|
| ||||
| Chevron Funding Corp., 5-1-06 | 4.670 | 965 | 964,750 | |
| Total investments 100.00% | $168,423,820 | |||
Page 3
|
John Hancock Patriot Global Dividend Fund Footnotes to Schedule of Investments April 30, 2006 (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.
(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 $3,456,563 or 2.05% of the Fund's total investments as of April 30, 2006.
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 April 30, 2006, including short-term investments, was $164,691,402. Gross unrealized appreciation and depreciation of investments aggregated $8,700,079 and $4,967,661, respectively, resulting in net unrealized appreciation of $3,732,418.
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 financial 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 financial 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: June 27, 2006
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: June 27, 2006
|
By: /s/ John G. Vrysen ------------------------------------- John G. Vrysen Executive Vice President and Chief Financial Officer |
Date: June 27, 2006