JH Patriot Premium.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- 06107 


John Hancock Patriot Select Dividend Trust
 
(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:
 
June 30 
 
Date of reporting period:  September 30, 2005 


ITEM 1. SCHEDULE OF INVESTMENTS




John Hancock         
Patriot Select Dividend Trust       
Securities owned by the Fund on       
September 30, 2005 (unaudited)       
 
Issuer      Shares  Value 
Common stocks  38.38%      $83,850,135 
(Cost $79,474,587)         
 
Electric Utilities 2.33%      5,090,343 

Cinergy Corp.      26,000  1,154,660 
Great Plains Energy, Inc.      35,750  1,069,283 
Progress Energy, Inc.      64,000  2,864,000 
Progress Energy, Inc., (Contingent Value Obligation) (B)(I)    20,000  2,400 
 
Gas Utilities 2.04%        4,468,550 

Atmos Energy Corp.      9,700  274,025 
National Fuel Gas Co.      56,150  1,920,330 
Peoples Energy Corp.      57,750  2,274,195 
 
Integrated Telecommunication Services 1.57%      3,425,543 

SBC Communications, Inc.    97,700  2,341,869 
Verizon Communications, Inc.    33,150  1,083,674 
 
Multi-Utilities & Unregulated Power 32.44%      70,865,699 

Alliant Energy Corp.      148,000  4,311,240 
Ameren Corp.      85,400  4,568,046 
CH Energy Group, Inc.      151,250  7,181,350 
Consolidated Edison, Inc.    45,000  2,184,750 
Dominion Resources, Inc.    46,000  3,962,440 
DTE Energy Co.      155,900  7,149,574 
Duke Energy Corp.      70,000  2,041,900 
Energy East Corp.      242,000  6,095,980 
KeySpan Corp.      161,850  5,952,843 
NiSource, Inc.      97,850  2,372,862 
NSTAR      188,000  5,436,960 
OGE Energy Corp.      96,092  2,700,185 
Public Service Enterprise Group, Inc.    16,000  1,029,760 
Puget Energy, Inc.      121,800  2,859,864 
Sierra Pacific Resources (I)    183,200  2,720,520 
TECO Energy, Inc.      176,750  3,185,035 
Vectren Corp.      30,000  850,500 
WPS Resources Corp.      51,000  2,947,800 
Xcel Energy, Inc.      169,000  3,314,090 
 
    Credit     
Issuer, description    rating (A)  Shares  Value 
Preferred stocks  60.75%      $132,706,290 
(Cost $131,659,645)         
 
Agricultural Products  1.53%      3,341,252 

Ocean Spray Cranberries, Inc., 6.25%, Ser A (S)  BB+  40,000  3,341,252 

Page 1


John Hancock       
Patriot Select Dividend Trust       
Securities owned by the Fund on       
September 30, 2005 (unaudited)       
 


Broadcasting & Cable TV 0.29%
 

    635,500 

Shaw Communications, Inc., 8.50% (Canada)  B+  25,000  635,500 

Consumer Finance 2.28%
 
    4,986,400 

SLM Corp., 6.97%, Ser A  BBB+  92,000  4,986,400 

Diversified Banks 2.13%
 
    4,644,580 

Bank of America Corp., 6.75%, Depositary Shares, Ser VI  A  88,300  4,644,580 

Diversified Financial Services 3.07%
 
    6,701,030 

Citigroup, Inc., 6.213%, Depositary Shares, Ser G  A  44,000  2,266,880 
Citigroup, Inc., 6.231%, Depositary Shares, Ser H  A  86,100  4,434,150 

Electric Utilities 17.41%
 
    38,033,498 

Alabama Power Co., 5.20%  BBB+  240,000  6,000,000 
Boston Edison Co., 4.25%  BBB+  64,157  5,164,638 
Duquesne Light Co., 6.50%  BB+  107,000  5,537,250 
Entergy Mississippi, Inc., 6.25%  BB+  104,000  2,606,500 
Interstate Power & Light Co., 7.10%, Ser C  BBB-  25,000  680,470 
Interstate Power & Light Co., 8.375%, Ser B  BBB-  46,000  1,570,900 
Monongahela Power Co., $7.73, Ser L  B  50,000  5,050,000 
Northern Indiana Public Service Co., 4.22%  BB+  11,526  909,834 
Sierra Pacific Power Co., 7.80%, Ser 1 (Class A)  CCC+  205,600  5,140,000 
Southern California Edison Co., 6.125%  BBB-  25,000  2,507,812 
Virginia Electric & Power Co., $6.98  BBB-  10,500  1,092,000 
Virginia Electric & Power Co., $7.05  BBB-  10,000  1,040,625 
Wisconsin Public Service Corp., 6.76%  A  7,000  733,469 

Gas Utilities 2.56%
 
    5,598,186 

Southern Union Co., 7.55%  BB+  210,300  5,598,186 

Integrated Oil & Gas 0.90%
 
    1,957,500 

Coastal Finance I, 8.375%  CCC  78,300  1,957,500 

Integrated Telecommunication Services 0.17%
 
    380,900 

Telephone & Data Systems, Inc., 6.625%  A-  15,000  376,200 
Touch America Holdings, Inc., $6.875 (B)(H)  D  47,000  4,700 

Investment Banking & Brokerage 7.02%
 
    15,336,560 

Bear Stearns Cos., Inc. (The), 5.49%, Depositary Shares, Ser G  BBB  141,400  7,084,140 
Bear Stearns Cos., Inc. (The), 6.15%, Depositary Shares, Ser E  BBB  23,000  1,173,000 
Lehman Brothers Holdings, Inc., 5.67%, Depositary Shares, Ser D  BBB+  125,600  6,430,720 
Lehman Brothers Holdings, Inc., 5.94%, Depositary Shares, Ser C  BBB+  13,000  648,700 

Life & Health Insurance 2.44%
 
    5,323,500 

MetLife, Inc., 6.50%, Ser B  BBB  210,000  5,323,500 

Multi-Utilities & Unregulated Power 11.18%
 
    24,428,986 

Baltimore Gas & Electric Co., 6.99%, Ser 1995  Baa1  40,000  4,161,252 
BGE Capital Trust II, 6.20%  BBB-  190,000  4,807,000 
Energy East Capital Trust I, 8.25%  BBB-  147,000  3,807,300 

Page 2


John Hancock       
Patriot Select Dividend Trust       
Securities owned by the Fund on       
September 30, 2005 (unaudited)       
 
PSEG Funding Trust II, 8.75%  BB+  30,000  796,500 
Public Service Electric & Gas Co., 6.92%  BB+  30,627  3,178,510 
Sempra Energy, $4.36  BBB+  19,250  1,568,875 
Sempra Energy, $4.75, Ser 53  BBB+  6,305  539,077 
South Carolina Electric & Gas Co., 6.52%  Baa1  55,000  5,570,472 

Oil & Gas Exploration & Production 7.37%
 
    16,105,798 

Anadarko Petroleum Corp., 5.46%, Depositary Shares, Ser B  BBB-  48,200  4,702,513 
Apache Corp., 5.68%, Depositary Shares, Ser B  BBB  48,174  4,918,267 
Devon Energy Corp., 6.49%, Ser A  BB+  53,500  5,502,143 
Nexen, Inc., 7.35% (Canada)  BB+  37,500  982,875 
 

Regional Banks 2.40%
 
    5,232,600 

HSBC USA, Inc., $2.8575 (G)  A1  108,000  5,232,600 
  Interest  Par value   
Issuer, description, maturity date  rate (%)  ($000)  Value 
Short-term investments 0.87%      $1,909,604 
(Cost $1,909,604)       
 

Commercial Paper 0.87%
 
    1,909,604 

ChevronTexaco Corp., Due 10-3-05  3.730  1,910  1,909,604 
 
Total investments 100.00%      $218,466,029 

Page 3


John Hancock

Patriot Select Dividend Trust

Footnotes to Schedule of Investments

September 30, 2005 (unaudited)

(A)      Credit ratings are unaudited and are rated by Moody's Investors Service where Standard & Poor's ratings are not available.
 
(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 security may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
 
  Rule 144A securities amounted to $3,341,252 or 1.53% of the Fund's total investments as of September 30, 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 September 30, 2005, including short-term investments, was $213,043,836. Gross unrealized appreciation and depreciation of investments aggregated $13,067,683 and $7,645,490, respectively, resulting in net unrealized appreciation of $5,422,193.
 

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 Select Dividend Trust


By: /s/ Keith F. Hartstein

-------------------------------------
Keith F. Hartstein
President and Chief Executive Officer

Date: November 28, 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: November 28, 2005


By: /s/ John G. Vrysen

-------------------------------------
John G. Vrysen
Executive Vice President and Chief Financial Officer

Date: November 28, 2005