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:
- Sector: Finance
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:PPT
- CUSIP: N/A
- Web: N/A
Average Prices:- 50 Day Moving Avg: $5.40
- 200 Day Moving Avg: $5.30
- 52 Week Range: $4.72 - $5.68
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Dividend:- Annual Dividend: $0.31
- Dividend Yield: 5.8%
Misc:- Average Volume: 455,167 shs.
- Beta: 0.4
Frequently Asked Questions for Putnam Premier Income Trust (NYSE:PPT)
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 Thursday, August 10th. Investors of record on Friday, September 22nd will be given a dividend of $0.026 per share on Monday, October 2nd. This represents a $0.31 annualized dividend and a yield of 5.78%. The ex-dividend date is Thursday, September 21st. View Putnam Premier Income Trust's Dividend History.
Are investors shorting Putnam Premier Income Trust?
Putnam Premier Income Trust saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 342,853 shares, a decline of 43.8% from the July 14th total of 610,320 shares. Based on an average daily volume of 437,510 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company's stock are sold short.
Who are some of Putnam Premier Income Trust's key competitors?
Some companies that are related to Putnam Premier Income Trust include TPG Specialty Lending (TSLX), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment Corporation (BKCC), PennantPark Floating Rate Capital (PFLT), Foresight Solar Fund Ltd (FSFL), Fidus Investment Corp (FDUS), Eagle Point Credit Company (ECC), TICC Capital Corp. (TICC) and Medley Capital Corporation (MCC).
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
- Robert L. Reynolds, President, Trustee
- Jonathan S. Horwitz, Principal Executive Officer, Executive Vice President, Treasurer, Compliance Liaison
- James Clark, Chief Compliance Officer
- Janet C. Smith, Principal Accounting Officer, Vice President, Assistant Treasurer
- Michael J. Higgins, Vice President, Treasurer and Clerk
- Nancy E. Florek, Vice President, Assistant Clerk, Assistant Treasurer, Corporate Governance, Director - Proxy Voting and Corporate Governance
- Susan G. Malloy, Vice President, Assistant Treasurer
- Robert T. Burns, Chief Legal Officer, Vice President
- Mark C. Trenchard, Vice President, BSA Compliance Officer
Who owns Putnam Premier Income Trust stock?
Putnam Premier Income Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (1.52%), MML Investors Services LLC (0.29%), Raymond James Financial Services Advisors Inc. (0.00%), Royal Bank of Canada (0.00%), Geneva Advisors LLC (0.15%) and BB&T Securities LLC (0.15%). Company insiders that own Putnam Premier Income Trust stock include D William Kohli and Walter C Donovan. View Institutional Ownership Trends for Putnam Premier Income Trust.
Who sold Putnam Premier Income Trust stock? Who is selling Putnam Premier Income Trust stock?
Putnam Premier Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Geneva Advisors LLC, Cambridge Investment Research Advisors Inc., Shufro Rose & Co. LLC, Gilman Hill Asset Management LLC and Raymond James Trust N.A.. View Insider Buying and Selling for Putnam Premier Income Trust.
Who bought Putnam Premier Income Trust stock? Who is buying Putnam Premier Income Trust stock?
Putnam Premier Income Trust's stock was bought by a variety of institutional investors in the last quarter, including Arlington Capital Management Inc., Sterneck Capital Management LLC, Royal Bank of Canada, BB&T Securities LLC, Raymond James Financial Services Advisors Inc., W.G. Shaheen & Associates DBA Whitney & Co, Advisor Group Inc. and Pinnacle Associates Ltd.. Company insiders that have bought Putnam Premier Income Trust stock in the last two years include D William Kohli and Walter C Donovan. View Insider Buying and Selling for Putnam Premier Income Trust.
How do I buy Putnam Premier Income Trust stock?
Shares of Putnam Premier Income Trust can be purchased through any online brokerage account. Popular online brokerages 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 Putnam Premier Income Trust stock can currently be purchased for approximately $5.40.
MarketBeat Community Rating for Putnam Premier Income Trust (NYSE 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.
Consensus Ratings for Putnam Premier Income Trust (NYSE:PPT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Putnam Premier Income Trust (NYSE:PPT)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Putnam Premier Income Trust (NYSE:PPT)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Putnam Premier Income Trust (NYSE:PPT)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Putnam Premier Income Trust (NYSE:PPT)| Next Dividend: | 10/2/2017 |
| Annual Dividend: | $0.31 |
| Dividend Yield: | 5.74% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Putnam Premier Income Trust (NYSE PPT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/10/2017 | monthly | $0.03 | 5.97% | 9/21/2017 | 9/22/2017 | 10/2/2017 |
| 8/9/2017 | Monthly | $0.03 | 5.97% | 8/22/2017 | 8/24/2017 | 9/1/2017 |
| 6/26/2017 | monthly | $0.03 | 5.78% | 7/20/2017 | 7/24/2017 | 8/1/2017 |
| 5/22/2017 | monthly | $0.03 | 6% | 6/21/2017 | 6/23/2017 | 7/3/2017 |
| 4/21/2017 | monthly | $0.03 | 6% | 5/22/2017 | 5/24/2017 | 6/1/2017 |
| 3/17/2017 | Monthly | $0.03 | | 4/20/2017 | 4/24/2017 | 5/1/2017 |
| 1/30/2017 | monthly | $0.03 | 5.91% | 2/21/2017 | 2/23/2017 | 3/1/2017 |
| 1/30/2017 | monthly | $0.03 | 5.91% | 3/22/2017 | 3/24/2017 | 4/3/2017 |
| 11/21/2016 | monthly | $0.03 | 6.49% | 1/20/2017 | 1/24/2017 | 2/1/2017 |
| 11/21/2016 | monthly | $0.03 | 6.49% | 12/21/2016 | 12/23/2016 | 1/3/2017 |
| 10/24/2016 | monthly | $0.03 | 6.5% | 11/21/2016 | 11/23/2016 | 12/1/2016 |
| 9/19/2016 | monthly | $0.03 | 6.53% | 10/20/2016 | 10/24/2016 | 11/1/2016 |
| 8/9/2016 | monthly | $0.03 | 6.41% | 9/21/2016 | 9/23/2016 | 10/3/2016 |
| 8/9/2016 | monthly | $0.03 | 6.41% | 8/22/2016 | 8/24/2016 | 9/1/2016 |
| 6/27/2016 | monthly | $0.03 | 6.75% | 7/20/2016 | 7/22/2016 | 8/1/2016 |
| 5/23/2016 | monthly | $0.03 | 6.65% | 6/22/2016 | 6/24/2016 | 7/1/2016 |
| 3/21/2016 | monthly | $0.03 | 6.57% | 5/20/2016 | 5/24/2016 | 6/1/2016 |
| 3/21/2016 | monthly | $0.03 | 6.57% | 4/20/2016 | 4/22/2016 | 5/2/2016 |
| 2/1/2016 | monthly | $0.03 | 6.64% | 2/22/2016 | 2/24/2016 | 3/1/2016 |
| 2/1/2016 | monthly | $0.03 | 6.64% | 3/22/2016 | 3/24/2016 | 4/1/2016 |
| 11/23/2015 | monthly | $0.03 | 6.2% | 1/20/2016 | 1/22/2016 | 2/1/2016 |
| 11/23/2015 | monthly | $0.03 | 6.2% | 12/21/2015 | 12/23/2015 | 1/4/2016 |
| 10/19/2015 | monthly | $0.03 | 6.23% | 11/20/2015 | 11/24/2015 | 12/1/2015 |
| 9/21/2015 | monthly | $0.03 | 6.27% | 10/21/2015 | 10/23/2015 | 11/2/2015 |
| 8/7/2015 | monthly | $0.03 | 6.28% | 9/22/2015 | 9/24/2015 | 10/1/2015 |
| 8/7/2015 | monthly | $0.03 | 6.28% | 8/20/2015 | 8/24/2015 | 9/1/2015 |
| 6/22/2015 | monthly | $0.03 | 6.06% | 7/22/2015 | 7/24/2015 | 8/3/2015 |
| 5/26/2015 | monthly | $0.03 | 5.99% | 6/22/2015 | 6/24/2015 | 7/1/2015 |
| 3/23/2015 | monthly | $0.03 | 5.93% | 4/22/2015 | 4/24/2015 | 5/1/2015 |
| 3/23/2015 | monthly | $0.03 | 5.93% | 5/20/2015 | 5/22/2015 | 6/1/2015 |
| 1/26/2015 | monthly | $0.03 | 5.95% | 3/20/2015 | 3/24/2015 | 4/1/2015 |
| 1/26/2015 | monthly | $0.03 | 5.95% | 2/20/2015 | 2/24/2015 | 3/2/2015 |
| 11/17/2014 | monthly | $0.03 | 5.84% | 1/21/2015 | 1/23/2015 | 2/2/2015 |
| 11/17/2014 | monthly | $0.03 | 5.84% | 12/19/2014 | 12/23/2014 | 1/2/2015 |
| 10/20/2014 | monthly | $0.03 | 5.89% | 11/20/2014 | 11/24/2014 | 12/1/2014 |
| 9/22/2014 | monthly | $0.03 | 5.74% | 10/22/2014 | 10/24/2014 | 11/3/2014 |
| 8/7/2014 | monthly | $0.03 | 5.81% | 9/22/2014 | 9/24/2014 | 10/1/2014 |
| 8/7/2014 | monthly | $0.03 | 5.81% | 8/20/2014 | 8/22/2014 | 9/2/2014 |
| 6/23/2014 | monthly | $0.03 | 5.58% | 7/22/2014 | 7/24/2014 | 8/1/2014 |
| 5/19/2014 | monthly | $0.03 | 5.66% | 6/20/2014 | 6/24/2014 | 7/1/2014 |
| 3/24/2014 | monthly | $0.03 | 5.67% | 5/21/2014 | 5/23/2014 | 6/2/2014 |
| 3/24/2014 | monthly | $0.03 | 5.67% | 4/22/2014 | 4/24/2014 | 5/1/2014 |
| 1/27/2014 | monthly | $0.03 | 5.79% | 3/20/2014 | 3/24/2014 | 4/1/2014 |
| 1/27/2014 | monthly | $0.03 | 5.79% | 2/20/2014 | 2/24/2014 | 3/3/2014 |
| 11/25/2013 | monthly | $0.03 | 5.77% | 1/22/2014 | 1/24/2014 | 2/3/2014 |
| 11/25/2013 | monthly | $0.03 | 5.77% | 12/19/2013 | 12/23/2013 | 1/2/2014 |
| 9/23/2013 | monthly | $0.03 | 5.88% | 10/22/2013 | 10/24/2013 | 11/1/2013 |
| 9/23/2013 | monthly | $0.03 | 5.88% | 11/20/2013 | 11/22/2013 | 12/2/2013 |
| 8/12/2013 | monthly | $0.03 | 5.89% | 8/21/2013 | 8/23/2013 | 9/3/2013 |
| 8/12/2013 | monthly | $0.03 | 5.89% | 9/20/2013 | 9/24/2013 | 10/1/2013 |
| 5/20/2013 | monthly | $0.03 | 5.65% | 6/20/2013 | 6/24/2013 | 7/1/2013 |
| 3/25/2013 | monthly | $0.03 | 5.64% | 4/22/2013 | 4/24/2013 | 5/1/2013 |
| 3/25/2013 | monthly | $0.03 | 5.64% | 5/22/2013 | 5/24/2013 | 6/3/2013 |
| 2/25/2013 | monthly | $0.03 | 5.65% | 3/20/2013 | 3/22/2013 | 4/1/2013 |
| 2/7/2013 | monthly | $0.03 | 5.58% | 2/20/2013 | 2/22/2013 | 3/1/2013 |
| 12/17/2012 | monthly | $0.03 | 5.83% | 12/20/2012 | 12/24/2012 | 1/2/2013 |
| 12/17/2012 | monthly | $0.03 | 5.83% | 1/22/2013 | 1/24/2013 | 2/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Putnam Premier Income Trust (NYSE:PPT)Institutional Ownership Percentage: 18.16%
Insider Trades by Quarter for Putnam Premier Income Trust (NYSE:PPT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/4/2016 | Walter C Donovan | Insider | Buy | 118,798 | $4.70 | $558,350.60 |  |
| 3/3/2016 | Walter C Donovan | Insider | Buy | 136,552 | $4.65 | $634,966.80 | |
| 12/7/2015 | D William Kohli | Insider | Buy | 50,000 | $4.91 | $245,500.00 | |
| 9/8/2015 | D William Kohli | Insider | Buy | 50,000 | $4.91 | $245,500.00 | |
| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Putnam Premier Income Trust (NYSE:PPT)
Latest Headlines for Putnam Premier Income Trust (NYSE:PPT)
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Putnam Premier Income Trust (PPT) Chart for Tuesday, August, 22, 2017
