Putnam Premier Income:PPT

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$4.71$4.85-2.89%
    52 Wk Avg$4.67$4.88-4.28%
    52 Wk High$5.08$5.063.90%
    52 Wk Low$4.35$4.73-8.70%
    Regular Distribution TypeIncome Only
    Distribution Rate6.62%
    Distribution Amount$0.0260
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To seek high current income consistent with the preservation of capital by allocating its investments among the US Government sector, high yield sector and international sector of the fixed income securities market.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$495.729M
    Total Common Assets:$495.729M
    Common Shares Outstanding:102,212,143
    Annual Expense Ratios

    As of 7/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 0.94%
    Fund Management

    Fund Sponsor
    Putnam

    Portfolio Managers
    Michael J. Atkin, D. William Kohli, Michael V. Salm, Paul D. Scanlon

    Basics
    Category: Fixed Income - Taxable-Global Income
    Ticker: PPT
    NAV Ticker: XPPTX
    Average Daily Volume (shares): 279,727
    Average Daily Volume (USD): $1.304M
    Inception Date: 2/29/1988
    Inception Share Price: $10.00
    Inception NAV: $9.30
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    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 1/31/2021
    $0.1047
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    6.43%
    Total Return on NAV (12 months):
    As of 6/11/2021
    9.62%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    4.28%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    0.00%

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-4.70%
    1 Year-4.28%
    3 Year-4.09%
    5 Year-5.10%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month0.45
    6 Month0.95
    1 Year0.57
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF Global Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD3.91%-0.83%6.35%1.13%
    2020-6.47%-0.90%3.54%4.23%
    201925.51%13.72%23.53%14.13%
    2018-6.32%-1.23%-6.53%-3.97%
    201713.78%7.32%12.78%10.09%
    20167.21%6.27%24.08%17.91%
    20150.22%-1.72%1.49%0.68%
    20142.17%1.79%4.04%3.59%
    20135.56%9.28%-8.44%-1.76%
    201212.25%11.88%13.99%15.76%
    2011-9.26%-2.81%5.42%2.63%
    201013.98%13.26%11.66%13.55%
    200982.55%83.70%47.44%31.67%
    2008-31.50%-41.27%  
    20072.00%4.62%  
    200612.30%7.15%  
    2005-0.81%3.43%  
    20047.35%9.15%  
    200316.15%20.25%  
    200211.04%6.30%  
    20018.56%3.74%  
    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 5/31/2021
    Category: Morningstar US CEF Global Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    4.28%
    Number of Holdings:
    As of 5/31/2021
    1339
    Annual Portfolio Turnover:
    As of 7/31/2020
    943.00%
    Average Bond Price:
    As of 5/31/2021
    $108.29
    Asset Allocation

    As of 5/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)101.18%
    Agency Mortgage Backed87.51%
    Cash Equivalents (Super Sector)48.86%
    Cash Equivalents48.86%
    Corporate (Super Sector)31.36%
    Corporate Bond20.33%
    Government16.00%
    Government Commercial Mortgage Backed8.01%
    Convertible7.25%
    Bank Loan3.73%
    Top Holdings

    As of 5/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Federal National Mortgage Association 4%$68.39M13.92%
    Federal National Mortgage Association 3.5%$60.17M12.25%
    Federal National Mortgage Association 3%$54.31M11.05%
    Federal National Mortgage Association 3%$54.31M11.05%
    Federal National Mortgage Association 2%$16.16M3.29%
    Federal National Mortgage Association 2.5%$11.39M2.32%
    United States Treasury Bills 0%$11.20M2.28%
    Cmb Cmbx.Na.Bbb-.6 2063-05-11 300.0 05/11/2063 Jp$-11.59M-2.36%
    Ultra 10 Year US Treasury Note Future Sept 21$-59.43M-12.09%
    2 Year Treasury Note Future Sept 21$-394.23M-80.23%
    Credit Quality

    As of 5/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 5/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 5/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income33.03%
    Others - Fixed Income10.18%
    Indonesia - Fixed Income1.69%
    Argentina - Fixed Income1.00%
    Brazil - Fixed Income0.99%
    Canada - Fixed Income0.92%
    Russia - Fixed Income0.71%
    Mexico - Fixed Income0.62%
    South Africa - Fixed Income0.42%
    United Kingdom - Fixed Income0.39%
    Vietnam - Fixed Income0.39%
    France - Fixed Income0.25%
    Turkey - Fixed Income0.20%
    Venezuela - Fixed Income0.15%
    Germany - Fixed Income0.14%
    Ireland - Fixed Income0.14%
    Australia - Fixed Income0.12%
    Netherlands - Fixed Income0.11%
    Italy - Fixed Income0.11%
    United States - Equity0.10%
    Israel - Fixed Income0.09%
    Japan - Fixed Income0.01%
    Switzerland - Fixed Income0.01%
    Sweden - Fixed Income0.01%
    United Kingdom - Equity0.00%
    Norway - Fixed Income0.00%
    Invalid Country - Fixed Income0.00%
    New Zealand - Fixed Income0.00%

    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.

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