Putnam Premier Income Trust

Putnam Premier Income Trust is a closed-end management investment company. Its investment objective is to seek high current income consistent with the preservation of capital. The company was founded on February 29, 1988 and is headquartered in Boston, MA.

Putnam Master Intermediate Income Trust

Putnam Managed Municipal Income Trust

Putnam Municipal Opportunities Trust

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following distributions.     EX   RECORD   PAYMENT FUND NAME AND DISTRIBUTIONS* DATE DATE DATE   Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0) $0.0220 per share   5/23/24   5/24/24   6/3/24     Putnam Managed Municipal Income Trust (NYSE:PMM) (CUSIP: 746823-10-3) $0.0238 per share   5/23/24   5/24/24   6/3/24           Putnam Municipal Opportunities Trust (NYSE:PMO) (CUSIP: 746922-10-3) $0.0350.

Putnam Investments Announces Distribution Rates for Closed-End Funds

BOSTON--(BUSINESS WIRE)--Putnam Investments announces that 19(a) notices are available for the following distributions announced on March 25, 2024.     EX RECORD PAYMENT FUND NAME AND DISTRIBUTIONS* DATE DATE DATE   Putnam Master Intermediate Income Trust (NYSE: PIM) (CUSIP: 746909-10-0) $0.0220 per share 4/23/24 4/24/24 5/1/24   Putnam Premier Income Trust (NYSE:PPT) (CUSIP: 746853-10-0) $0.0260 per share 4/23/24 4/24/24 5/1/24 * Distributions may be comprised of ordinary and/or tax-exempt inc.

Putnam Investments Announces 19(a) Notices for Closed-End Funds

BOSTON--(BUSINESS WIRE)--Putnam Investments announces that 19(a) notices are available for the following distributions declared on October 27, 2023.   EX RECORD PAYMENT FUND NAME AND DISTRIBUTIONS* DATE DATE DATE   Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0) $0.0220 per share 11/22/23 11/24/23 12/1/23   Putnam Premier Income Trust (NYSE:PPT) (CUSIP: 746853-10-0) $0.0260 per share 11/22/23 11/24/23 12/1/23 * Distributions may be comprised of ordinary and/or tax-exempt.

Putnam Investments Announces 19(A) Notices for Closed-End Funds

The Putnam Premier Income Trust pays an 8.8% distribution yield but only earns 10-year average annual returns of 2.1%. The fund, which has $370 million in assets, also has an unusually high turnover rate of over 1600%. The author recommends that investors avoid the PPT fund and other similar 'return of principal' funds, as they risk losing both principal and income in the long term.

PPT: Amortizing Return Of Principal Fund

BOSTON--(BUSINESS WIRE)--Putnam Investments announced today that it will hold a webcast on Tuesday, May 2 at 1 p.m. ET, for the following Putnam closed-end fund strategies: Putnam Managed Municipal Income Trust (NYSE: PMM) Putnam Master Intermediate Income Trust (NYSE: PIM) Putnam Municipal Opportunities Trust (NYSE: PMO) Putnam Premier Income Trust (NYSE: PPT) During the webcast, portfolio manager Paul M. Drury, CFA will provide updates on the municipal bond market, including thoughts on munic.

Putnam Investments to Hold Webcast for Closed-End Funds

Putnam Premier Income Trust is a fixed income CEF that takes a multisector bond approach. The fund has a high concentration of agency pass-throughs and CMBS securities, which gives it an overweight investment grade credit profile.

PPT: Putnam Announces A Share Repurchase Program

BOSTON--(BUSINESS WIRE)--Putnam Investments announced today that the Trustees of the Putnam Funds have authorized the Putnam closed-end funds to renew the current share repurchase program, allowing each Putnam closed-end fund, during the 365-day period beginning October 1, 2022 and ending September 30, 2023, to repurchase at a discount to net asset value up to 10% of its outstanding common shares (based on common shares outstanding as of September 30, 2022) in open market transactions. The Putn

The Putnam Closed-End Funds Renew the Share Repurchase Program

PPT is a multisector bond CEF that focuses on agency pass-throughs and CMBS securities. The fund has a 6.78% yield which is currently unsupported.

PPT Multisector Bond CEF - Only Buy A Dip

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The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks took another leg lower after St. Louis Fed President James Bullard said that he expects the Fed's first rate hike in late 2022.

News for Putnam Premier Income Trust ETF (PPT)