Putnam Premier Income Trust (NYSE:PPT) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in Putnam Premier Income Trust (NYSE:PPT) by 273.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 197,985 shares of the investment management company’s stock after buying an additional 144,906 shares during the quarter. International Assets Investment Management LLC owned about 0.21% of Putnam Premier Income Trust worth $738,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Gilman Hill Asset Management LLC boosted its holdings in Putnam Premier Income Trust by 73.3% during the third quarter. Gilman Hill Asset Management LLC now owns 26,000 shares of the investment management company’s stock worth $97,000 after buying an additional 11,000 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Putnam Premier Income Trust by 43.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 4,144,201 shares of the investment management company’s stock worth $14,836,000 after buying an additional 1,261,737 shares during the period. Raymond James & Associates raised its stake in Putnam Premier Income Trust by 32.6% during the 2nd quarter. Raymond James & Associates now owns 391,987 shares of the investment management company’s stock valued at $1,403,000 after purchasing an additional 96,312 shares during the period. Creative Planning lifted its stake in Putnam Premier Income Trust by 8.3% in the 2nd quarter. Creative Planning now owns 83,867 shares of the investment management company’s stock worth $300,000 after acquiring an additional 6,400 shares in the last quarter. Finally, Future Financial Wealth Managment LLC boosted its position in Putnam Premier Income Trust by 5.8% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 133,630 shares of the investment management company’s stock worth $498,000 after acquiring an additional 7,382 shares during the period. Institutional investors own 42.79% of the company’s stock.

Putnam Premier Income Trust Stock Up 0.6 %

NYSE:PPT opened at $3.60 on Wednesday. The stock’s 50-day moving average is $3.68 and its two-hundred day moving average is $3.60. Putnam Premier Income Trust has a fifty-two week low of $3.37 and a fifty-two week high of $3.74.

Putnam Premier Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 22nd will be paid a $0.026 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.31 annualized dividend and a yield of 8.67%.

Putnam Premier Income Trust Company Profile

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. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation.