International Assets Investment Management LLC Purchases 21,200 Shares of Putnam Premier Income Trust $PPT

International Assets Investment Management LLC lifted its position in Putnam Premier Income Trust (NYSE:PPT) by 66.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 53,079 shares of the investment management company’s stock after purchasing an additional 21,200 shares during the period. International Assets Investment Management LLC owned about 0.06% of Putnam Premier Income Trust worth $195,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in PPT. Janney Montgomery Scott LLC grew its holdings in shares of Putnam Premier Income Trust by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 658,186 shares of the investment management company’s stock worth $2,376,000 after purchasing an additional 3,108 shares during the last quarter. Clear Creek Financial Management LLC boosted its holdings in Putnam Premier Income Trust by 32.6% in the first quarter. Clear Creek Financial Management LLC now owns 51,194 shares of the investment management company’s stock valued at $185,000 after acquiring an additional 12,600 shares in the last quarter. IFP Advisors Inc boosted its holdings in Putnam Premier Income Trust by 138.0% in the first quarter. IFP Advisors Inc now owns 11,850 shares of the investment management company’s stock valued at $43,000 after acquiring an additional 6,871 shares in the last quarter. Readystate Asset Management LP bought a new stake in Putnam Premier Income Trust in the first quarter valued at $316,000. Finally, Invesco Ltd. boosted its holdings in Putnam Premier Income Trust by 1.1% in the first quarter. Invesco Ltd. now owns 1,166,601 shares of the investment management company’s stock valued at $4,211,000 after acquiring an additional 12,266 shares in the last quarter. Institutional investors own 42.79% of the company’s stock.

Putnam Premier Income Trust Trading Down 0.1%

NYSE:PPT opened at $3.63 on Friday. The firm’s fifty day simple moving average is $3.69 and its 200 day simple moving average is $3.65. Putnam Premier Income Trust has a twelve month low of $3.40 and a twelve month high of $3.77.

Putnam Premier Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a $0.026 dividend. The ex-dividend date is Friday, October 17th. This represents a c) annualized dividend and a yield of 8.6%.

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.