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

$5.23
-0.04 (-0.76 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$5.21
Now: $5.23
$5.30
50-Day Range
$5.20
MA: $5.28
$5.33
52-Week Range
$4.56
Now: $5.23
$5.35
Volume347,065 shs
Average Volume242,338 shs
Market Capitalization$539.86 million
P/E RatioN/A
Dividend Yield7.40%
Beta0.41
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.

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$539.86 million
Next Earnings DateN/A
OptionableNot Optionable

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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 dividend on Wednesday, July 31st. Shareholders of record on Tuesday, September 24th will be paid a dividend of $0.035 per share on Tuesday, October 1st. The ex-dividend date of this dividend is Monday, September 23rd. View Putnam Premier Income Trust's Dividend History.

Has Putnam Premier Income Trust been receiving favorable news coverage?

News headlines about PPT stock have trended negative this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Putnam Premier Income Trust earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Putnam Premier Income Trust.

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 AGNC Investment (AGNC), Senior Housing Properties Trust (SNH), Vodafone Group (VOD), BP (BP), General Electric (GE), ANNALY CAP MGMT/SH (NLY), Apollo Investment (AINV), Chesapeake Energy (CHK), CAPSTEAD MTG CO/SH (CMO) and Ford Motor (F).

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 variety of of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (1.28%), Invesco Ltd. (1.20%), Bank of America Corp DE (0.89%), Morgan Stanley (0.81%), Royal Bank of Canada (0.50%) and Quad Cities Investment Group LLC (0.43%). Company insiders that own Putnam Premier Income Trust stock include Catharine B Hill and D William Kohli. 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 Morgan Stanley, Invesco Ltd., Commonwealth Equity Services LLC, Bank of America Corp DE, MML Investors Services LLC, Wells Fargo & Company MN, Royal Bank of Canada and Creative Planning. View Insider Buying and Selling for Putnam Premier Income Trust.

Which major investors are buying Putnam Premier Income Trust stock?

PPT stock was bought by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, National Asset Management Inc., Citizens Financial Group Inc RI, Tower Research Capital LLC TRC , Quad Cities Investment Group LLC, Clear Creek Financial Management LLC, Cahill Financial Advisors Inc. and Mid Atlantic Financial Management Inc. ADV. 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, Robinhood, 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 $5.23.

How big of a company is Putnam Premier Income Trust?

Putnam Premier Income Trust has a market capitalization of $539.86 million. View Additional Information About Putnam Premier Income Trust.


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

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  110 (Vote Outperform)
Underperform Votes:  129 (Vote Underperform)
Total Votes:  239
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 9/17/2019 by MarketBeat.com Staff

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