Putnam Premier Income Trust
PPT
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jonathan S. Horwitz
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Federal Street Boston MA United States of America 02110
- IPO Date
- Feb 19, 1988
- CIK
- 0000827773
- Website
- putnam.com
- Similar Companies
- Business
- Putnam Premier Income Trust (NYSE: PPT) is a closed-end fixed income mutual fund that seeks high current income consistent with the preservation of capital by investing across U.S. government, high-yield, and international fixed income sectors; its portfolio includes U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P, as well as opportunities in traditional and alternative bond markets globally, including corporate bonds, investment-grade debt, and emerging market securities. The fund employs leverage through borrowing and preferred shares to enhance income potential within regulatory limits and benchmarks its performance against the Bloomberg Barclays U.S. Government Bond Index. It targets income-oriented investors such as individuals and institutions seeking diversified fixed income exposure with monthly distributions. Founded on February 29, 1988, and headquartered at 100 Federal Street, Boston, Massachusetts, the trust operates under the management of Putnam Investment Management, LLC, co-managed by Putnam Investments Limited, with key portfolio managers including Robert L. Davis and Brett S. Kozlowski. Following Franklin Resources' acquisition of Putnam in January 2024, the fund's management contracts transferred to Franklin Advisers, Inc. in July 2024, integrating its portfolio team into Franklin Templeton's broader fixed income platform without disruption to investment strategies or client relationships. In late 2025, the fund announced a year-end special distribution from net investment income of $0.3050 per share, payable December 31, 2025, alongside its regular monthly dividends.