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The fund seeks to provide high current income. The fund pursues its goal through asset allocation across three different fixed-income sectors: U.S. high-grade, high-yield, and international securities.
Putnam Premier Income Trust trades on the NYSE stock market under the symbol PPT.
As of June 30, 2026, PPT stock price climbed to $3.49 with 168,438 million shares trading.
PPT has a beta of 0.32, meaning it tends to be less sensitive to market movements. PPT has a correlation of 0.18 to the broad based SPY ETF.
PPT has a market cap of $333.53 million. This is considered a Small Cap stock.
In the last 3 years, PPT traded as high as $3.77 and as low as $3.25.
PPT has underperformed the market in the last year with a return of +3.6%, while the SPY ETF gained +22.1%. In the last 3 month period, PPT fell short of the market, returning +1.7%, while SPY returned +18.5%. However, in the most recent 2 weeks PPT has outperformed the stock market by returning +1.9%, while SPY returned -0.2%.
PPT support price is $3.43 and resistance is $3.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PPT shares will trade within this expected range on the day.