S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis

Putnam Premier Income Trust (PPT) Competitors

$3.46
0.00 (0.00%)
(As of 04/19/2024 ET)

PPT vs. MIY, SOR, MCI, HQL, MHN, ASG, PMO, TYG, RFI, and MIN

Should you be buying Putnam Premier Income Trust stock or one of its competitors? The main competitors of Putnam Premier Income Trust include BlackRock MuniYield Michigan Quality Fund (MIY), Source Capital (SOR), Barings Corporate Investors (MCI), Abrdn Life Sciences Investors (HQL), BlackRock MuniHoldings New York Quality Fund (MHN), Liberty All-Star Growth Fund (ASG), Putnam Municipal Opportunities Trust (PMO), Tortoise Energy Infrastructure (TYG), Cohen & Steers Total Return Realty Fund (RFI), and MFS Intermediate Income Trust (MIN). These companies are all part of the "investment offices, not elsewhere classified" industry.

Putnam Premier Income Trust vs.

Putnam Premier Income Trust (NYSE:PPT) and BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, valuation, risk, institutional ownership, dividends, profitability, analyst recommendations, earnings and media sentiment.

Putnam Premier Income Trust received 59 more outperform votes than BlackRock MuniYield Michigan Quality Fund when rated by MarketBeat users. However, 69.49% of users gave BlackRock MuniYield Michigan Quality Fund an outperform vote while only 66.20% of users gave Putnam Premier Income Trust an outperform vote.

CompanyUnderperformOutperform
Putnam Premier Income TrustOutperform Votes
141
66.20%
Underperform Votes
72
33.80%
BlackRock MuniYield Michigan Quality FundOutperform Votes
82
69.49%
Underperform Votes
36
30.51%

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Putnam Premier Income TrustN/AN/AN/AN/AN/A
BlackRock MuniYield Michigan Quality FundN/AN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Putnam Premier Income TrustN/A N/A N/A
BlackRock MuniYield Michigan Quality Fund N/A N/A N/A

Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 9.0%. BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.47 per share and has a dividend yield of 4.2%.

In the previous week, Putnam Premier Income Trust and Putnam Premier Income Trust both had 1 articles in the media. Putnam Premier Income Trust's average media sentiment score of 1.88 beat BlackRock MuniYield Michigan Quality Fund's score of 0.59 indicating that Putnam Premier Income Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Putnam Premier Income Trust
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
BlackRock MuniYield Michigan Quality Fund
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Putnam Premier Income Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
BlackRock MuniYield Michigan Quality Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Putnam Premier Income Trust has a beta of 0.34, indicating that its share price is 66% less volatile than the S&P 500. Comparatively, BlackRock MuniYield Michigan Quality Fund has a beta of 0.39, indicating that its share price is 61% less volatile than the S&P 500.

42.8% of Putnam Premier Income Trust shares are owned by institutional investors. Comparatively, 24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Putnam Premier Income Trust beats BlackRock MuniYield Michigan Quality Fund on 4 of the 7 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PPT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PPT vs. The Competition

MetricPutnam Premier Income TrustInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$333.09M$6.80B$8.79B$17.26B
Dividend Yield9.02%6.54%10.07%3.59%
P/E RatioN/A0.4941.1721.17
Price / SalesN/A14.87197.329.63
Price / CashN/A7.6315.2917.28
Price / BookN/A0.962.364.85
Net IncomeN/A$73.96M$1.00B$970.56M
7 Day Performance0.29%-1.07%-0.27%-1.76%
1 Month Performance-1.98%-3.10%-2.93%-4.32%
1 Year Performance-2.54%1.15%11.50%92.59%

Putnam Premier Income Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MIY
BlackRock MuniYield Michigan Quality Fund
0 of 5 stars
$11.51
+0.3%
N/A+0.5%$337.93MN/A0.00N/APositive News
SOR
Source Capital
0 of 5 stars
$41.91
+0.1%
N/A+12.0%$347.02MN/A0.00N/ADividend Announcement
News Coverage
Positive News
MCI
Barings Corporate Investors
0 of 5 stars
$17.13
+0.3%
N/A+26.7%$347.74MN/A0.00N/APositive News
HQL
Abrdn Life Sciences Investors
0 of 5 stars
$13.33
+0.8%
N/A-8.7%$349.38MN/A0.00N/ANews Coverage
Positive News
MHN
BlackRock MuniHoldings New York Quality Fund
0 of 5 stars
$10.50
-0.2%
N/A-1.8%$322.04MN/A0.00N/ANegative News
ASG
Liberty All-Star Growth Fund
0 of 5 stars
$5.46
flat
N/A-2.2%$317.70MN/A0.00N/APositive News
PMO
Putnam Municipal Opportunities Trust
0 of 5 stars
$9.94
+0.4%
N/A-4.9%$316.19MN/A0.00N/A
TYG
Tortoise Energy Infrastructure
0 of 5 stars
$31.59
-0.6%
N/A+5.1%$357.92MN/A0.00N/ANews Coverage
Positive News
RFI
Cohen & Steers Total Return Realty Fund
0 of 5 stars
$11.59
+0.2%
N/A-7.4%$307.21M$35.99M0.00N/ANews Coverage
MIN
MFS Intermediate Income Trust
0 of 5 stars
$2.63
flat
N/A-6.5%$300.37MN/A0.00N/AEx-Dividend

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This page (NYSE:PPT) was last updated on 4/21/2024 by MarketBeat.com Staff

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