Putnam Premier Income:PPT

    Overview

    As of 2/15/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$5.01$5.39-7.05%
    52 Wk Avg$5.15$5.51-6.59%
    52 Wk High$5.49$5.68-2.31%
    52 Wk Low$4.63$5.18-11.30%
    Regular Distribution TypeIncome Only
    Distribution Rate8.38%
    Distribution Amount$0.0350
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income and capital preservation through investment in high yield international fixed income and US government securities

    Capital Structure

    As of 2/15/2019

    Total Net Assets:$593.404M
    Total Common Assets:$593.402M
    Common Shares Outstanding:106,664,383
    Annual Expense Ratios

    As of 7/31/2018

      Per Common Share
    Management Fees0.73%
    Other Expenses:0.19%
    Baseline Expense: 0.92%
    Interest Expense:0.00%
    Total: 0.92%
    Fund Management

    Fund Sponsor
    Putnam Investment Management

    Portfolio Managers
    Michael Atkin (01 Oct 2007) / William D Kohli (01 Jul 2002) / Michael V. Salm (01 Apr 2011) / Paul Scanlon (24 Mar 2005)

    Basics
    Category: Non-US/Other-Global Income
    Ticker: PPT
    NAV Ticker: XPPTX
    Average Daily Volume (shares): 286,000
    Average Daily Volume (USD): $1.461M
    Inception Date: 2/29/1988
    Inception Share Price: $10.00
    Inception NAV:
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 2/15/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 7/31/2018
    $0.0237
    Annualized Distribution Rate on NAV:
    As of 2/15/2019
    7.79%
    Total Return on NAV (12 months):
    As of 2/15/2019
    1.84%
    Avg. UNII Per Share:
    As of 7/31/2018
    $0.0885
    Avg. Portfolio Coupon:
    As of 2/15/2019
    6.08%
    Total % Portfolio Effectively Leveraged:
    As of 2/15/2019
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 2/15/2019

    PeriodAvg Discount
    6 Month-7.33%
    1 Year-6.59%
    3 Year-7.05%
    5 Year-8.45%
    Z-Score

    As of 2/15/2019

    PeriodZStat
    3 Month1.20
    6 Month0.10
    1 Year-0.30
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 2/15/2019
    Category: Global Income non-Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD7.59%3.93%6.68%2.94%
    2018-6.32%-0.85%-3.49%0.42%
    201713.78%7.32%6.31%3.84%
    20167.21%6.27%15.97%12.96%
    20150.22%-1.72%-1.59%-3.23%
    20142.17%1.79%0.31%2.43%
    20135.56%9.28%-9.22%-1.53%
    201212.25%11.88%12.25%12.94%
    2011-9.26%-2.81%-1.19%-0.49%
    201013.98%13.26%11.35%9.82%
    200982.55%83.70%34.80%24.74%
    2008-31.50%-41.27%-3.62%-6.75%
    20072.00%4.62%0.26%7.18%
    200612.30%7.15%  
    2005-0.06%3.43%  
    20046.53%9.15%  
    200316.15%20.25%  
    200211.04%6.30%  
    20017.37%3.74%  
    200012.31%0.37%  
    1999-18.87%2.05%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 2/15/2019
    Category: Global Income non-Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 2/15/2019
    6.08%
    Number of Holdings:
    As of 12/31/2018
    1190
    Annual Portfolio Turnover:
    As of 7/31/2018
    0.80%
    Average Bond Price:
    As of 7/31/2017
    $90.14
    Asset Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 1/31/2017 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Mortg: Agency 59.25%
    Debt - Mort-backed Sec 48.53%
    Debt - Corporate 32.19%
    Debt - Short 9.99%
    Debt - Foreign Govt 7.43%
    Debt - Senior Loans 2.00%
    Derivatives (War Opt Fut)0.69%
    General Equity 0.47%
    Debt - Pref Shrs 0.07%
    Debt - Convertible Bonds 0.02%
    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    FNMA 3.50 25 Jan 2049$81.96M13.82%
    FNMA 4% TBA 4.00 25 Jan 2049$65.24M11.00%
    Govt Natl Mtg Asso 4.5% 4.50 01 Jan 2049$17.58M2.97%
    Nok/Usd 03/20/2019 Gsfx 20 Mar 2019$10.55M1.78%
    Govt Natl Mtg Asso 4% 4.00 01 Jan 2049$9.22M1.55%
    Eur/Usd 03/20/2019 Csi-Fx 20 Mar 2019$8.52M1.44%
    Nzd/Usd 01/16/2019 Gsfx 16 Jan 2019$8.42M1.42%
    Eur/Usd 03/20/2019 Ssbt 20 Mar 2019$8.16M1.38%
    Sek/Usd 03/20/2019 Ssbt 20 Mar 2019$7.48M1.26%
    Nok/Usd 03/20/2019 Bankam 20 Mar 2019$6.82M1.15%
    Eur/Usd 03/20/2019 Ubs 20 Mar 2019$6.58M1.11%
    Country Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 85.39%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    485923-INV-AN-5/19