Allspring Global Investments Holdings LLC Purchases 18,675 Shares of Putnam Premier Income Trust (NYSE:PPT)

Allspring Global Investments Holdings LLC increased its position in Putnam Premier Income Trust (NYSE:PPT) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,779,876 shares of the investment management company’s stock after acquiring an additional 18,675 shares during the quarter. Allspring Global Investments Holdings LLC owned about 3.93% of Putnam Premier Income Trust worth $13,456,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Mezzasalma Advisors LLC bought a new position in Putnam Premier Income Trust in the 4th quarter worth $250,000. Riverbridge Partners LLC raised its holdings in Putnam Premier Income Trust by 63.2% in the 4th quarter. Riverbridge Partners LLC now owns 200,954 shares of the investment management company’s stock worth $715,000 after acquiring an additional 77,799 shares during the period. Transform Wealth LLC acquired a new stake in Putnam Premier Income Trust in the 4th quarter worth $560,000. XTX Topco Ltd acquired a new stake in Putnam Premier Income Trust in the 3rd quarter worth $54,000. Finally, Stifel Financial Corp grew its position in Putnam Premier Income Trust by 12.3% in the 3rd quarter. Stifel Financial Corp now owns 45,431 shares of the investment management company’s stock worth $169,000 after purchasing an additional 4,978 shares during the last quarter. Institutional investors own 42.79% of the company’s stock.

Putnam Premier Income Trust Stock Performance

NYSE PPT opened at $3.61 on Tuesday. The company’s fifty day moving average is $3.58 and its two-hundred day moving average is $3.62. Putnam Premier Income Trust has a 52-week low of $3.40 and a 52-week high of $3.74.

Putnam Premier Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be given a $0.026 dividend. The ex-dividend date is Monday, February 24th. This represents a $0.31 annualized dividend and a yield of 8.65%.

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