Putnam Premier Income TrustPPT
About: Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company. The fund is currently operating as a diversified fund. Its investment objective is to seek high current income consistent with the preservation of capital by allocating its investments to the U.S. government sector.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 84 [Q2] → 85 (+1) [Q3]
1% more capital invested
Capital invested by funds: $124M [Q2] → $125M (+$802K) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
1.01% less ownership
Funds ownership: 36.07% [Q2] → 35.06% (-1.01%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PPT.