About Putnam Premier Income Trust (NYSE:PPT)
Putnam Premier Income Trust (the Fund) is a diversified closed-end management investment company. The Fund seeks high current income consistent with the preservation of capital by allocating its investments among the United States Government sector, high yield sector and international sector of the fixed-income securities market. The Fund's portfolio includes the United States Government and agency mortgage obligations, mortgage-backed securities, corporate bonds and notes, foreign government and agency bonds and notes, senior loans, common stocks, purchased swap options outstanding, preferred stocks and preferred stocks. The Fund may invest in higher-yielding, lower-rated bonds that may have a higher rate of default. The Fund may invest its assets in securitized debt instruments, including mortgage-backed and asset-backed investments. Putnam Investment Management, LLC is the Fund's investment manager.
Industry, Sector and Symbol
Industry INVESTMENT FUNDS
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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, March 19th. Shareholders of record on Tuesday, April 24th will be given a dividend of $0.026 per share on Tuesday, May 1st. This represents a $0.31 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date of this dividend is Monday, April 23rd. View Putnam Premier Income Trust's Dividend History.
Who are some of Putnam Premier Income Trust's key competitors?
Some companies that are related to Putnam Premier Income Trust include TCG BDC (CGBD), City (CHCO), Saul Centers (BFS), Global Net Lease (GNL), Meta Financial Group (CASH), Meridian Bancorp (EBSB), First Bancorp (FBNC), Kinsale Capital Group (KNSL), KKR Real Estate Finance Trust (KREF), Heritage Financial (HFWA), TPG Specialty Lending (TSLX), Caretrust REIT (CTRE), Golub Capital BDC (GBDC), PennyMac Mortgage Investment Trust (PMT), Kearny Financial (KRNY), James River Group (JRVR), Re/Max (RMAX) and GFI Group (GFIG).
Who are Putnam Premier Income Trust's key executives?
Putnam Premier Income Trust's management team includes the folowing people:
- Jameson A. Baxter, Independent Chairman of the Board of Trustees (Age 74)
- Robert L. Reynolds, President, Trustee (Age 65)
- Jonathan S. Horwitz, Principal Executive Officer, Executive Vice President, Treasurer, Compliance Liaison (Age 61)
- James Clark, Chief Compliance Officer (Age 43)
- Janet C. Smith, Principal Accounting Officer, Vice President, Assistant Treasurer (Age 52)
- Michael J. Higgins, Vice President, Treasurer and Clerk (Age 41)
- Nancy E. Florek, Vice President, Assistant Clerk, Assistant Treasurer, Corporate Governance, Director - Proxy Voting and Corporate Governance (Age 60)
- Susan G. Malloy, Vice President, Assistant Treasurer (Age 60)
- Robert T. Burns, Chief Legal Officer, Vice President (Age 56)
- Mark C. Trenchard, Vice President, BSA Compliance Officer (Age 55)
Has Putnam Premier Income Trust been receiving favorable news coverage?
News headlines about PPT stock have been trending somewhat positive on Thursday, Accern reports. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Putnam Premier Income Trust earned a daily sentiment score of 0.19 on Accern's scale. They also assigned media headlines about the investment management company an impact score of 46.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Putnam Premier Income Trust's major shareholders?
Putnam Premier Income Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sit Investment Associates Inc. (4.31%), Wells Fargo & Company MN (1.98%), Raymond James & Associates (0.46%), Raymond James Financial Services Advisors Inc. (0.27%), BB&T Securities LLC (0.26%) and MML Investors Services LLC (0.22%). View Institutional Ownership Trends for Putnam Premier Income Trust.
Which major investors are selling Putnam Premier Income Trust stock?
PPT stock was sold by a variety of institutional investors in the last quarter, including MML Investors Services LLC, Pinnacle Advisory Group Inc., Doliver Capital Advisors LP, Arlington Capital Management Inc., Bartlett & Co. LLC and W.G. Shaheen & Associates DBA Whitney & Co. View Insider Buying and Selling for Putnam Premier Income Trust.
Which major 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., Wells Fargo & Company MN, Raymond James & Associates, Ballew Advisors Inc, Resources Investment Advisors Inc., Thomas J. Herzfeld Advisors Inc., Guggenheim Capital LLC and BB&T Securities LLC. 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 $5.32.
How big of a company is Putnam Premier Income Trust?
Putnam Premier Income Trust has a market capitalization of $564.30 million.
MarketBeat Community Rating for Putnam Premier Income Trust (PPT)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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Putnam Premier Income Trust (NYSE:PPT) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Putnam Premier Income Trust (NYSE:PPT)
No earnings announcements for this company have been tracked by MarketBeat.com
Putnam Premier Income Trust (NYSE:PPT) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Putnam Premier Income Trust (NYSE:PPT) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
Putnam Premier Income Trust (NYSE:PPT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Putnam Premier Income Trust (NYSE PPT) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 15.71%
Putnam Premier Income Trust (NYSE PPT) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/4/2016||Walter C Donovan||Insider||Buy||118,798||$4.70||$558,350.60||520,350|| |
|3/3/2016||Walter C Donovan||Insider||Buy||136,552||$4.65||$634,966.80||330,000|| |
|12/7/2015||D William Kohli||Insider||Buy||50,000||$4.91||$245,500.00||358,186|| |
|9/8/2015||D William Kohli||Insider||Buy||50,000||$4.91||$245,500.00||308,186|| |
|7/8/2015||Walter C Donovan||Insider||Buy||265,000||$5.10||$1,351,500.00|| |
|1/6/2015||D William Kohli||Insider||Buy||69,186||$5.24||$362,534.64|| |
|4/7/2014||D William Kohli||Insider||Buy||75,000||$5.51||$413,250.00|| |
|4/2/2014||D William Kohli||Insider||Buy||25,000||$5.50||$137,500.00|| |
|3/7/2014||Michael V Salm||Insider||Buy||85,000||$5.51||$468,350.00|| |
Putnam Premier Income Trust (NYSE PPT) News Headlines
Putnam Premier Income Trust (NYSE:PPT) SEC Filings
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Financials are not available for this stock.
Putnam Premier Income Trust (NYSE PPT) Stock Chart for Thursday, March, 22, 2018