PUTNAM PREMIER INC. SBI

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. » Mehr auf seekingalpha.com

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. » Mehr auf seekingalpha.com

BOSTON--(BUSINESS WIRE)--Putnam Investments announces that 19(a) notices are available for the following distributions declared on the June 25, 2021 press release.   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 7/22/21     7/23/21 8/2/21 Putnam Premier Income Trust (NYSE: PPT) (CUSIP: 746853-10-0) $0.0260 per share 7/22/21 7/23/21 8/2/21           * Distributions may be comprised o » Mehr auf businesswire.com