FRANKLIN PREMIER INCOME TRUST (PPT)
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.
Industry: Asset Management
Putnam Premier Income Trust
NYSE:PPTFinancial Services · Asset Management - Income
-1.52%$3.23
AH Close$3.23+0.00%vs close
AH Close$3.23+0.00%vs close
Mkt Cap$308.68M
Float96.27M
O/S95.57M
Inst Own41.5%
SI0.1%
Div Yield9.66%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$21.04M
Net Income$15.8M
Total Assets$456.77M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$348.97M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PPT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$456.77M
Liabilities$107.79M
Accounts Receivable$32.21M
Accounts Payable$71.99M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Revenue | $21.04M | $25.74M | $32.69M | -$631K | -$26.85M | $30.85M | -$22.37M | $23.21M | $37.05M | $64.76M | -$6.37M | $27.63M | $49.06M | $53.22M |
| YoY Growth | -18.3% | -21.3% | -5283.5% | -97.7% | -187.0% | -237.9% | -196.4% | -37.3% | -42.8% | -1116.3% | -123.1% | -43.7% | -7.8% | - |
| Cost of Revenue | $3.4M | $635 | $2.95M | $3.21M | $3.69M | $4.13M | $4.39M | $4.61M | $4.88M | $4.83M | $4.94M | $5.71M | $0 | $0 |
| Gross Profit | $17.64M | $25.74M | $32.69M | -$3.84M | -$30.54M | $26.72M | -$26.76M | $18.6M | $32.17M | $59.93M | -$11.31M | $21.92M | $49.06M | $53.22M |
| Gross Margin | 83.8% | 100.0% | 100.0% | 608.3% | 113.7% | 86.6% | 119.6% | 80.1% | 86.8% | 92.5% | 177.5% | 79.3% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2 | $1 | $2 | $3 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $581K | $764K | $915K | $711K | $727K | $747K | $792K | $814K | $801K | $3 | $6.28M | $7.21M | $7.18M |
| Other | $1.69M | $172K | -$77K | $2.88M | $220K | $246K | $263K | $278K | $296K | $294K | $116.85M | -$70.5M | $0 | $0 |
| Total Operating Expenses | $1.69M | $753K | $687K | $3.8M | $932K | $973K | $1.01M | $1.07M | $1.11M | $1.1M | $21.17M | $70.5M | $33.04M | $19.61M |
| Operating Income (EBIT) | $15.95M | $24.99M | $32M | $918K | -$20.45M | $17.03M | -$23.38M | $22.14M | $35.94M | $63.67M | $34.83M | -$48.58M | $41.85M | $46.04M |
| Operating Margin | 75.8% | 97.1% | 97.9% | -145.6% | 76.2% | 55.2% | 104.5% | 95.4% | 97.0% | 98.3% | -546.5% | -175.8% | 85.3% | 86.5% |
| Interest Expense | $1K | $635 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $19.23M | $20.84M | $26.77M | $26.08M | $25.74M | $25.63M | $29.67M | $33.06M | $38.56M | $36.12M | $39.06M | $4.92M | $0 | $0 |
| Other Income (Expense) | -$154K | $160K | -$51K | $37K | $1K | -$70K | $0 | $0 | $0 | $0 | -$54.69M | $23.39M | -$4.2M | -$3.33M |
| Income Before Tax (EBT) | $15.8M | $24.99M | $32M | $956K | -$20.45M | $17.03M | -$23.38M | $22.14M | $35.94M | $63.67M | -$19.86M | -$25.19M | $63.47M | $72.83M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $0 | $0 | $0 | $21.62M | $26.79M |
| Net Income | $15.8M | $24.99M | $32M | $956K | -$20.45M | $17.03M | -$23.38M | $22.14M | $35.94M | $63.67M | -$16.64M | -$25.19M | $63.47M | $72.83M |
| Net Income Margin | 75.1% | 97.1% | 97.9% | -151.5% | 76.2% | 55.2% | 104.5% | 95.4% | 97.0% | 98.3% | 261.1% | -91.2% | 129.4% | 136.8% |
| Supplementary Data | ||||||||||||||
| EPS | 0.17 | 0.26 | 0.33 | 0.01 | -0.21 | 0.17 | -0.23 | 0.21 | 0.34 | 0.58 | -0.15 | -0.21 | 0.49 | 0.53 |
| Diluted EPS | 0.17 | 0.26 | 0.33 | 0.01 | -0.21 | 0.17 | -0.23 | 0.21 | 0.34 | 0.58 | -0.15 | -0.21 | 0.49 | 0.53 |
| Weighted Average OS | 95.57M | 95.57M | 95.60M | 96.72M | 99.53M | 100.16M | 102.52M | 103.37M | 105.71M | 107.25M | 108.34M | 119.96M | 129.54M | 138.46M |
| EBITDA | $15.8M | $24.99M | $32.06M | $956K | -$20.45M | $17.03M | $0 | $22.14M | $36.01M | $63.61M | -$16.64M | -$48.58M | $67.67M | $76.16M |
| EBITDA Margin | 75.1% | 97.1% | 98.1% | -151.5% | 76.2% | 55.2% | - | 95.4% | 97.2% | 98.2% | 261.1% | -175.8% | 137.9% | 143.1% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $3.53M | $2.56M | $117K | $146K | $305K | $744K | $25K | $232K | $504K | $167K | $1.7M | $1.22M | $730K | $979K |
| Short-Term Investments | $9.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.2M | $63.39M | $0 | $0 |
| Cash and Short-Term Investments | $13.19M | $2.56M | $117K | $146K | $305K | $744K | $25K | $232K | $504K | $167K | $27.9M | $64.61M | $730K | $979K |
| Accounts Receivable | $32.21M | $13.4M | $26.72M | $55.49M | $195.08M | $97.37M | $49.31M | $21.6M | $33.35M | $236.56M | $217.09M | $37.58M | $133.09M | $85.84M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $121.77M | $88.83M | $124.06M | $290.55M | $0 | $48.37M | $0 | $0 |
| Other Current Assets | $0 | $0 | $33.84M | -$40K | $2.99M | -$45K | -$121.83M | $38.47M | $27.44M | $13.13M | $13.86M | $9.57M | $7.6M | $48.13M |
| Total Current Assets | $45.4M | $16.07M | $60.68M | $55.64M | $198.42M | $98.12M | $49.31M | $25.57M | $33.85M | $236.73M | $225.63M | $48.37M | $133.82M | $134.95M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $405.79M | $5.66M | $488.37M | $638.7M | $848.7M | $934.25M | $966.99M | $916.97M | $809.76M | $1.06B | $1.1B | $897.09M | $1.02B | $1.07B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $5.57M | $447.16M | $521.46M | $676.05M | $1.01B | $904.41M | $0 | -$916.97M | -$809.76M | -$1.06B | $0 | $55.99M | $0 | $0 |
| Total Long-Term Assets | $411.36M | $452.82M | $488.37M | $638.7M | $848.7M | $934.25M | $966.99M | $916.97M | $809.76M | $1.06B | $1.1B | $953.08M | $1.02B | $1.07B |
| Other Assets | $0 | $0 | -$16.2M | $2.1M | $42K | $41K | $17K | $42K | $43K | $44K | $0 | $0 | $5.62M | $0 |
| Total Assets | $456.77M | $468.88M | $532.84M | $696.45M | $1.05B | $1.03B | $1.02B | $942.59M | $843.65M | $1.29B | $1.32B | $1B | $1.16B | $1.21B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $71.99M | $89.53M | $103.02M | $264.46M | $334.79M | $346.24M | $267.12M | $288.4M | $123.13M | $335.56M | $0 | $0 | $14.03M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $1.41M | $0 | $0 | $5.26M | $3.64M | $522K | $2.39M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $344.83M | $261.14M | $281.85M | $117.86M | $331.92M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $34.65M | $0 | $49.33M | $62.18M | -$4.09M | -$349.84M | -$264.2M | -$292.09M | -$248.67M | -$674.1M | $316.56M | $43.43M | -$247.45M | $116.83M |
| Total Current Liabilities | $107.79M | $89.53M | $164.91M | $326.64M | $334.79M | $346.24M | $267.12M | $288.4M | $123.13M | $335.56M | $742.46M | $325.86M | $14.03M | $359.91M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $18.58M | $17.1M | $0 | $0 | $0 | $498K | $2.37M | $4.75M | $7.6M | $2.42M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $107.79M | $16.36M | $46.85M | $62.18M | $1K | $214.04M | $0 | $0 | $0 | -$498K | $416K | $947K | -$7.6M | $17.73M |
| Total Long-Term Liabilities | $107.79M | $16.36M | $46.85M | $62.18M | $18.58M | $17.1M | $20M | $11.79M | $6.92M | $498K | $2.79M | $5.69M | $12.38M | $20.15M |
| Other Liabilities | $0 | $0 | $0 | -$326.64M | -$32.02M | $196.94M | -$20M | -$11.79M | $117.47M | $361.79M | $0 | $0 | $355.91M | $0 |
| Total Liabilities | $107.79M | $105.89M | $164.91M | $326.64M | $637.56M | $560.28M | $267.12M | $288.4M | $247.51M | $697.84M | $745.25M | $331.56M | $382.32M | $380.05M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $586.38M | $601M | $611.53M | $625.11M | $639.88M | $655.45M | $685.44M | $697.12M | $713.29M | $802.88M | $872.22M | $927.17M | $976.25M | $1.05B |
| Retained Earnings | -$237.41M | -$238M | -$243.6M | -$255.3M | -$230.28M | -$183.32M | -$193.33M | -$135.06M | $9.49M | $11.57M | $1.28M | $20.9M | -$2.43M | -$223.06M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$126.64M | -$217.81M | -$296.26M | -$278.17M | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$126.64M | -$217.81M | -$296.26M | -$278.17M | -$198M | $0 |
| Total Equity | $348.97M | $362.99M | $367.93M | $369.81M | $409.6M | $472.13M | $492.11M | $562.06M | $596.14M | $596.64M | $577.24M | $669.89M | $775.82M | $825.43M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $456.77M | $468.88M | $532.84M | $696.45M | $1.05B | $1.03B | $759.23M | $850.46M | $843.65M | $1.29B | $1.32B | $1B | $1.16B | $1.21B |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $18.58M | $18.5M | $25.97M | $18.35M | $12.18M | $4.14M | $2.9M | $7.13M | $7.6M | $2.42M |
| Net Debt | -$3.53M | -$2.56M | -$117K | -$146K | $18.28M | $17.76M | $25.95M | $18.11M | $11.68M | $3.97M | $1.2M | $5.91M | $6.87M | $1.44M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 | 2015-07-31 | 2014-07-31 | 2013-07-31 |
| Operating Activities | ||||||||||||||
| Net Income | $15.8M | $24.99M | $32M | $956K | -$20.45M | $17.03M | -$23.38M | $22.14M | $35.94M | $63.67M | -$19.86M | -$25.19M | $63.47M | $72.83M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$15.8M | -$24.99M | -$32M | -$956K | $20.45M | -$17.03M | $23.38M | -$22.14M | -$35.94M | -$63.67M | $19.86M | $25.19M | -$63.47M | -$72.83M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $0 | $280K | $0 | -$322K | -$285K | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $0 | $305K | $25K | $25K | $347K | $632K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $146K | $305K | $25K | $25K | $347K | $0 | $0 | $0 | $0 | $0 | $0 |