Putnam Premier Income Trust

Putnam Premier Income Trustverified

PPT

Price:

$3.51

Market Cap:

$337.90M

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. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1988-02-19

Stock Exchange

NYSE

Ticker

PPT

The PE Ratio as of November 2024 (TTM) for Putnam Premier Income Trust (PPT) is 10.32

According to Putnam Premier Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 10.32. This represents a change of -92.89% compared to the average of 145.08 of the last 4 quarters.

Putnam Premier Income Trust (PPT) Historical PE Ratio (quarterly & annually)

How has PPT PE Ratio performed in the past?

The mean historical PE Ratio of Putnam Premier Income Trust over the last ten years is 39.82. The current 10.32 PE Ratio has changed 2.49% with respect to the historical average. Over the past ten years (40 quarters), PPT's PE Ratio was at its highest in in the April 2023 quarter at 1.08K. The PE Ratio was at its lowest in in the October 2018 quarter at -32.51.

Quarterly (TTM)
Annual

Average

39.82

Median

9.96

Minimum

-24.29

Maximum

369.37

Putnam Premier Income Trust (PPT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Putnam Premier Income Trust PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 70.05%

Maximum Annual PE Ratio = 369.37

Minimum Annual Increase = -2011.96%

Minimum Annual PE Ratio = -24.29

Quarterly (TTM)
Annual
YearPE RatioChange
202410.84-97.06%
2023369.37-2011.96%
2022-19.32-170.63%
202127.35-231.61%
2020-20.78-183.69%
201924.8360.83%
201815.4470.05%
20179.0859.76%
20165.68-123.40%
2015-24.29-300.32%

Putnam Premier Income Trust (PPT) Average PE Ratio

How has PPT PE Ratio performed in the past?

The current PE Ratio of Putnam Premier Income Trust (PPT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

120.30

5-year avg

73.49

10-year avg

39.82

Putnam Premier Income Trust (PPT) PE Ratio vs. Peers

How is PPT’s PE Ratio compared to its peers?

Putnam Premier Income Trust’s PE Ratio is less than MFS High Yield Municipal Trust (24.91), less than MFS High Income Municipal Trust (19.76), less than BlackRock MuniHoldings Quality Fund II, Inc. (16.54), greater than MFS Charter Income Trust (9.78), greater than MFS Municipal Income Trust (-43.91), less than BlackRock MuniYield Quality Fund III, Inc. (19.50), greater than Invesco Municipal Income Opportunities Trust (3.83), greater than MFS Intermediate Income Trust (-341.27), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), less than MFS Investment Grade Municipal Trust (44.38), greater than Eaton Vance National Municipal Opportunities Trust (8.53), greater than BlackRock MuniVest Fund II, Inc. (-82.29), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than MFS Government Markets Income Trust (-188.47),

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