NYSE:PPT - Putnam Premier Income Trust Stock Price, News, & Analysis

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$5.07 -0.01 (-0.20 %)
(As of 03/24/2019 06:40 AM ET)
Previous Close$5.0650
Today's Range$5.06 - $5.09
52-Week Range$4.56 - $5.50
Volume188,286 shs
Average Volume302,206 shs
Market Capitalization$522.81 million
P/E RatioN/A
Dividend Yield7.38%
Beta0.44
Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$522.81 million
Next Earnings DateN/A
OptionableNot Optionable

Putnam Premier Income Trust (NYSE:PPT) Frequently Asked Questions

What is Putnam Premier Income Trust's stock symbol?

Putnam Premier Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPT."

How often does Putnam Premier Income Trust pay dividends? What is the dividend yield for Putnam Premier Income Trust?

Putnam Premier Income Trust declared a monthly dividend on Monday, January 28th. Investors of record on Friday, March 22nd will be given a dividend of $0.035 per share on Monday, April 1st. This represents a $0.42 annualized dividend and a yield of 8.29%. The ex-dividend date is Thursday, March 21st. View Putnam Premier Income Trust's Dividend History.

Has Putnam Premier Income Trust been receiving favorable news coverage?

Press coverage about PPT stock has trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Putnam Premier Income Trust earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the investment management company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Putnam Premier Income Trust's key competitors?

What other stocks do shareholders of Putnam Premier Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Putnam Premier Income Trust investors own include Apollo Investment (AINV), Senior Housing Properties Trust (SNH), ANNALY CAP MGMT/SH (NLY), General Electric (GE), TCW Strategic Income Fund (TSI), Pfizer (PFE), AT&T (T), Two Harbors Investment (TWO), Walmart (WMT) and Xinyuan Real Estate (XIN).

Who are Putnam Premier Income Trust's key executives?

Putnam Premier Income Trust's management team includes the folowing people:
  • Mr. Robert Lloyd Reynolds, Pres and Interested Trustee (Age 67)
  • Mr. Jonathan S. Horwitz, Principal Exec. Officer, Exec. VP and Compliance Liaison (Age 64)
  • Mr. Steven D. Krichmar, Principal Financial Officer and VP (Age 61)
  • Ms. Janet C. Smith, Principal Accounting Officer, VP and Assistant Treasurer (Age 54)
  • Mr. Robert R. Leveille, Chief Compliance Officer and VP (Age 50)

Who are Putnam Premier Income Trust's major shareholders?

Putnam Premier Income Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (6.10%), Bank of America Corp DE (0.91%), Raymond James & Associates (0.74%), Arbor Wealth Management LLC (0.70%), 1607 Capital Partners LLC (0.47%) and Quad Cities Investment Group LLC (0.38%). View Institutional Ownership Trends for Putnam Premier Income Trust.

Which institutional investors are selling Putnam Premier Income Trust stock?

PPT stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Commonwealth Equity Services LLC, BB&T Securities LLC, Cohen & Steers Inc., LPL Financial LLC, Sterneck Capital Management LLC, CIBC Private Wealth Group LLC and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Putnam Premier Income Trust.

Which institutional investors are buying Putnam Premier Income Trust stock?

PPT stock was purchased by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Arbor Wealth Management LLC, 1607 Capital Partners LLC, Suntrust Banks Inc., Shaker Financial Services LLC, Fort Washington Investment Advisors Inc. OH, Quad Cities Investment Group LLC and Creative Planning. View Insider Buying and Selling for Putnam Premier Income Trust.

How do I buy shares of Putnam Premier Income Trust?

Shares of PPT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Putnam Premier Income Trust's stock price today?

One share of PPT stock can currently be purchased for approximately $5.0650.

How big of a company is Putnam Premier Income Trust?

Putnam Premier Income Trust has a market capitalization of $522.81 million.


MarketBeat Community Rating for Putnam Premier Income Trust (NYSE PPT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  218
MarketBeat's community ratings are surveys of what our community members think about Putnam Premier Income Trust and other stocks. Vote "Outperform" if you believe PPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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