Putnam Premier Income Trust

PPT · NYSE · Financial Services / Asset Management

3.28USD-0.02 (-0.61%)

Price History

Full chart

Market Stats

Previous Close3.30

Open3.26

Day Range3.24 – 3.29

52-Week Range3.24 – 3.46

Volume105.90K

Market Cap310.59M

P/E (TTM)10.48

Forward P/E0.00

EPS0.31

Dividend Yield9.60%

Beta0.27

50-Day Avg3.40

200-Day Avg3.50

About

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.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMs. Janet C. Smith
Employees0
Headquarters100 Federal Street, Boston, MA, United States, 02110, USA
Websitehttps://www.putnam.com/individual/mutual-funds/clo

Leadership

Ms. Janet C. SmithPrincipal Accounting Officer, Vice President and Assistant Treasurer · b. 1965
Mr. Robert L. Davis C.F.A.Portfolio Manager

Financials

Income Statement

Currency: USD	2007-07-31	2008-07-31	2009-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Total Revenue	82.25M	85.95M	119.36M	53.22M	49.06M	27.63M	-6.37M	64.76M	37.05M	23.21M	-22.37M	18.00M	-19.52M	1.86M	32.69M	25.74M
Growth (%)	-	+4.50%	+38.86%	-55.41%	-7.82%	-43.69%	-123.06%	+1116.25%	-42.79%	-37.35%	-196.38%	+180.46%	-208.45%	+109.52%	+1659.23%	-21.27%
Cost of Revenue	390.00K	255.93K	5.70M	-	-	5.71M	4.94M	4.83M	4.88M	4.61M	4.39M	4.13M	3.69M	3.21M	2.95M	635
Gross Profit	81.86M	85.70M	113.66M	53.22M	49.06M	21.92M	-11.31M	64.76M	37.05M	23.21M	-22.37M	18.00M	-19.52M	1.86M	32.69M	25.74M
Gross Margin	99.53%	99.70%	95.22%	100.00%	100.00%	79.34%	177.48%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Expense	10.05M	8.32M	639.26K	7.18M	7.21M	70.50M	-46.14M	1.10M	1.11M	1.07M	1.01M	972.86K	931.63K	902.55K	687.03K	753.14K
Operating Income	71.81M	77.38M	113.02M	46.04M	41.85M	-48.58M	34.83M	63.67M	35.94M	22.14M	-23.38M	17.03M	-20.45M	955.71K	32.00M	24.99M
Operating Margin	87.31%	90.02%	94.69%	86.51%	85.31%	-175.84%	-546.51%	98.31%	97.00%	95.39%	104.51%	94.60%	104.77%	51.43%	97.90%	97.07%
EBITDA	-	-	-	76.16M	67.67M	-48.58M	-16.64M	63.67M	35.94M	22.14M	-23.38M	17.03M	-20.45M	955.71K	32.06M	24.99M
EBITDA Margin	-	-	-	143.10%	137.93%	-175.84%	261.06%	98.31%	97.00%	95.39%	104.51%	94.60%	104.77%	51.43%	98.05%	97.07%
Net Income	70.51M	-27.18M	-57.97M	72.83M	63.47M	-25.19M	-16.64M	63.67M	35.94M	22.14M	-23.38M	17.03M	-20.45M	955.71K	32.00M	24.99M
Net Income Margin	85.72%	-31.62%	-48.57%	136.85%	129.38%	-91.18%	261.06%	98.31%	97.00%	95.39%	104.51%	94.60%	104.77%	51.43%	97.90%	97.07%
R&D	-	-	-	-	-	0	3.12	1.77	0.75	1.61	0.67	0.55	0.76	1.52	-	-
R&D as % of Total Revenue	-	-	-	-	-	0.00%	-0.00%	0.00%	0.00%	0.00%	-0.00%	0.00%	-0.00%	0.00%	-	-
Interest Expense	0	0	0	-	-	0	0	0	0	0	0	0	-	-	-	635
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-	-	0.00%

Balance Sheet

Currency: USD	2007-07-31	2008-07-31	2009-07-31	2010-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Total Assets	1.28B	2.09B	1.46B	-	1.21B	1.16B	1.00B	1.32B	1.29B	843.65M	942.59M	1.02B	1.03B	1.05B	696.45M	532.84M	468.88M
Total Liabilities	134.53M	1.11B	654.07M	-	380.05M	382.32M	331.56M	745.25M	697.84M	247.51M	288.40M	267.12M	560.28M	637.56M	326.64M	164.91M	105.89M
Total Equity	1.14B	979.58M	803.32M	-	825.43M	775.82M	669.89M	577.24M	596.64M	596.14M	562.06M	492.11M	472.13M	409.60M	369.81M	367.93M	362.99M
Cash	10.58M	3.46M	2.64M	-	979.01K	730.05K	1.22M	1.70M	166.75K	504.32K	232.18K	24.58K	744.35K	304.97K	145.76K	116.93K	2.56M
Total Debt	-	-	-	-	2.42M	7.60M	7.13M	2.90M	4.14M	12.18M	18.35M	25.97M	18.50M	18.58M	-	-	-
Net Debt	-	-	-	-	1.44M	6.87M	5.91M	1.20M	3.97M	11.68M	18.11M	25.95M	17.76M	18.28M	-145.76K	-116.93K	-2.56M

Cash Flow

Currency: USD	2007-07-31	2008-07-31	2009-07-31	2013-07-31	2014-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31	2024-07-31	2025-07-31
Operating Cash Flow	70.51M	-27.18M	-57.97M	-	-	-	-	-	-	-	-
Investing Cash Flow	-	-	-	-	-	-	-	-	-	-	-
Financing Cash Flow	-238.59M	-135.24M	-118.28M	-	-	-	-	-	-	-	-
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	64.42M	64.43M	73.52M	-	-	-	-	-	-	-	-

Earnings

Report Date	Apr 6, 2020	Sep 28, 2020	Mar 30, 2021	Sep 28, 2021	Mar 30, 2022	Sep 29, 2022	Mar 29, 2023	Mar 27, 2025	Sep 26, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	0.21	-0.43	0.35	-0.19	-0.10	-0.11	0.01	0.08	0.18
Surprise	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap310.59M

Enterprise Value308.23M

Trailing P/E10.48

Forward P/E0.00

PEG Ratio0.00

Price / Sales10.28

Price / Book0.87

EPS0.31

Book Value3.77

Revenue (TTM)20.93M

Gross Profit (TTM)20.93M

Profit Margin141.57%

Operating Margin82.15%

Return on Equity8.21%

Return on Assets2.07%

Shares Outstanding95.57M

Shares Float0

Beta0.27

Dividend Yield9.60%

Dividend Rate0.31

Payout Ratio100.65%

Analyst Ratings

Hold

Based on 1 analysts

Hold
1

Dividends

202611×

0.03Nov 20, 20260.03Oct 23, 20260.03Sep 23, 20260.03Aug 24, 20260.03Jul 24, 20260.03Jun 23, 20260.03May 21, 20260.03Apr 23, 20260.03Mar 24, 20260.03Feb 20, 20260.03Jan 23, 2026

202512×

0.03Dec 15, 20250.03Nov 17, 20250.03Oct 17, 20250.03Sep 18, 20250.03Aug 18, 20250.03Jul 18, 20250.03Jun 16, 20250.03May 19, 20250.03Apr 17, 20250.03Mar 17, 20250.03Feb 24, 20250.03Jan 24, 2025

20241×

0.03Dec 23, 2024