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NYSE:PPTPutnam Premier Income Trust Stock Price, Forecast & News

$4.74
-0.06 (-1.25 %)
(As of 08/11/2020 04:00 PM ET)
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Today's Range
$4.74
Now: $4.74
$4.79
50-Day Range
$4.61
MA: $4.74
$5.02
52-Week Range
$3.50
Now: $4.74
$5.73
Volume343,453 shs
Average Volume375,293 shs
Market Capitalization$489.28 million
P/E RatioN/A
Dividend Yield8.75%
Beta0.46
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.83 out of 5 stars


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$489.28 million
Next Earnings DateN/A
OptionableNot Optionable
$4.74
-0.06 (-1.25 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Putnam Premier Income Trust's stock been impacted by COVID-19 (Coronavirus)?

Putnam Premier Income Trust's stock was trading at $4.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PPT shares have increased by 3.3% and is now trading at $4.74.
View which stocks have been most impacted by Coronavirus
.

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

Putnam Premier Income Trust announced a monthly dividend on Thursday, August 6th. Investors of record on Thursday, September 24th will be given a dividend of $0.035 per share on Thursday, October 1st. This represents a $0.42 annualized dividend and a yield of 8.86%. The ex-dividend date is Wednesday, September 23rd.
View Putnam Premier Income Trust's dividend history
.

Has Putnam Premier Income Trust been receiving favorable news coverage?

Media stories about PPT stock have been trending somewhat positive on Wednesday, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Putnam Premier Income Trust earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Putnam Premier Income Trust
.

Are investors shorting Putnam Premier Income Trust?

Putnam Premier Income Trust saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 91,700 shares, an increase of 91.4% from the February 13th total of 47,900 shares. Based on an average daily trading volume, of 344,400 shares, the days-to-cover ratio is currently 0.3 days.
View Putnam Premier Income Trust's Short Interest
.

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 AT&T (T), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), AbbVie (ABBV), Enbridge (ENB), Verizon Communications (VZ), Wells Fargo & Co (WFC), Enterprise Products Partners (EPD) and Gilead Sciences (GILD).

Who are Putnam Premier Income Trust's key executives?

Putnam Premier Income Trust's management team includes the following 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)

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."

Who are Putnam Premier Income Trust's major shareholders?

Putnam Premier Income Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Arbor Wealth Management LLC (1.04%), Raymond James & Associates (0.81%), Howard Wealth Management LLC (0.67%), Quad Cities Investment Group LLC (0.49%), Raymond James Financial Services Advisors Inc. (0.25%) and Janney Montgomery Scott LLC (0.23%). Company insiders that own Putnam Premier Income Trust stock include Catharine B Hill, Cooper Gregory 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 Raymond James & Associates, Arbor Wealth Management LLC, Howard Wealth Management LLC, Raymond James Financial Services Advisors Inc., UBS Group AG, Raymond James Trust N.A., Quad Cities Investment Group LLC, and Bartlett & Co. LLC.
View insider buying and selling activity 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 OTA Financial Group L.P., Steward Partners Investment Advisory LLC, and Janney Montgomery Scott LLC. Company insiders that have bought Putnam Premier Income Trust stock in the last two years include Catharine B Hill, and Cooper Gregory.
View insider buying and selling activity 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 $4.74.

How big of a company is Putnam Premier Income Trust?

Putnam Premier Income Trust has a market capitalization of $489.28 million.

This page was last updated on 8/12/2020 by MarketBeat.com Staff

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