Putnam Investments today announced quarterly performance results for Putnam Premier Income Trust, a closed-end fund over the three months ended April 30, 2007.
Putnam Premier Income Trust
The per-share net asset value (NAV) for Putnam Premier Income Trust (PPT) was $7.25 as of the close of business on April 30, 2007. The per-share NAV for this fund was $7.17, as of January 31, 2007. The share price as traded on the New York Stock Exchange (NYSE) on April 30, 2007 was $6.61. The share price for this fund was $6.46, as of January 31, 2007. The fund’s total return for the three months ended April 30, 2007 was 2.50%, based on net asset value, and 3.72% based on NYSE share price.
Additional quarterly data is as follows:
Three months ended April 30, 2007 | Three months ended April 30, 2006 | |||||||
| Total investment income | ||||||||
| Total | $ | 18,610,155 | $ | 19,570,758 | ||||
Per share(a) | $ | .10 | $ | .10 | ||||
| Net investment income | ||||||||
| Total | $ | 16,082,138 | $ | 17,210,732 | ||||
Per share(a) | $ | .09 | $ | .09 | ||||
| Net realized and unrealized gain(loss) on investments | ||||||||
| Total | $ | 15,858,202 | $ | (15,959,072 | ) | |||
Per share(a) | $ | .08 | $ | (.08 | ) | |||
| Net increase in net assets resulting from operations | ||||||||
| Total | $ | 31,940,340 | $ | 1,251,660 | ||||
Per share(a) | $ | .17 | $ | .01 | ||||
| Net assets available at the end of the period | ||||||||
| Total | $ | 1,296,991,476 | $ | 1,328,715,844 | ||||
Per share(a) | $ | 7.25 | $ | 7.01 | ||||
(a) per common share | ||||||||
About Putnam: Founded in 1937, Putnam Investments is one of the nation's oldest and largest money management firms. As of July 31, 2007, Putnam managed $187 billion in assets, of which $116 billion is for mutual fund investors and $71 billion is for institutional accounts. Putnam has offices in Boston, London and Tokyo. For more information, go to www.putnam.com
Contacts:
Sinead Martin, 617-760-8515
