PPT Stock Overview
Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Putnam Premier Income Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.49 |
| 52 Week High | US$3.72 |
| 52 Week Low | US$3.25 |
| Beta | 0.34 |
| 1 Month Change | -1.13% |
| 3 Month Change | -3.86% |
| 1 Year Change | -1.69% |
| 3 Year Change | -25.43% |
| 5 Year Change | -31.70% |
| Change since IPO | -65.10% |
Recent News & Updates
PPT: Amortizing Return Of Principal Fund
Jul 20Putnam Premier Income Trust declares $0.026 dividend
Jan 27Putnam Premier Income Trust goes ex-dividend on Monday
Jan 20Putnam Premier Income Trust declares $0.026 dividend
Dec 12Recent updates
PPT: Amortizing Return Of Principal Fund
Jul 20Putnam Premier Income Trust declares $0.026 dividend
Jan 27Putnam Premier Income Trust goes ex-dividend on Monday
Jan 20Putnam Premier Income Trust declares $0.026 dividend
Dec 12Putnam Premier Income Trust declares $0.026 dividend
Nov 09Putnam Premier Income Trust declares $0.026 dividend
Oct 25PPT: Putnam Announces A Share Repurchase Program
Oct 02Putnam Premier Income Trust declares $0.026 dividend
Sep 23Putnam Premier Income Trust declares $0.026 dividend
Sep 08Putnam Premier Income Trust goes ex-dividend tomorrow
Aug 22Putnam Premier Income Trust goes ex dividend tomorrow
Jul 20PPT Multisector Bond CEF - Only Buy A Dip
Oct 13Putnam Premier Income Trust declares $0.026 dividend
Jan 29Putnam Premier Income Trust declares $0.026 dividend
Nov 20Putnam Premier Income Trust declares $0.035 dividend
Nov 10Shareholder Returns
| PPT | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 1.7% | -0.7% | -3.2% |
| 1Y | -1.7% | 23.2% | 19.3% |
Return vs Industry: PPT underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: PPT underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| PPT volatility | |
|---|---|
| PPT Average Weekly Movement | 1.1% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PPT has not had significant price volatility in the past 3 months.
Volatility Over Time: PPT's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | n/a | n/a | www.putnam.com/individual/mutual-funds/closed-end-funds/funds/80-premier-income-trust |
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.
Putnam Premier Income Trust Fundamentals Summary
| PPT fundamental statistics | |
|---|---|
| Market cap | US$334.05m |
| Earnings (TTM) | US$18.06m |
| Revenue (TTM) | US$25.13m |
18.6x
P/E Ratio13.4x
P/S RatioIs PPT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PPT income statement (TTM) | |
|---|---|
| Revenue | US$25.13m |
| Cost of Revenue | US$0 |
| Gross Profit | US$25.13m |
| Other Expenses | US$7.07m |
| Earnings | US$18.06m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 100.00% |
| Net Profit Margin | 71.87% |
| Debt/Equity Ratio | 0% |
How did PPT perform over the long term?
See historical performance and comparisonDividends
8.9%
Current Dividend Yield166%
Payout RatioDoes PPT pay a reliable dividends?
See PPT dividend history and benchmarks| Putnam Premier Income Trust dividend dates | |
|---|---|
| Ex Dividend Date | Apr 23 2024 |
| Dividend Pay Date | May 01 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 7 days |
Does PPT pay a reliable dividends?
See PPT dividend history and benchmarks