PPT
Price:
$3.6
Market Cap:
$344.04M
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 - Income
IPO Date
1988-02-19
Stock Exchange
NYSE
Ticker
PPT
According to Putnam Premier Income Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.18. This represents a change of -35.90% compared to the average of 0.28 of the last 4 quarters.
The mean historical Current Ratio of Putnam Premier Income Trust over the last ten years is 0.32. The current 0.18 Current Ratio has changed 5.59% with respect to the historical average. Over the past ten years (40 quarters), PPT's Current Ratio was at its highest in in the January 2018 quarter at 0.84. The Current Ratio was at its lowest in in the July 2019 quarter at 0.09.
Average
0.32
Median
0.28
Minimum
0.09
Maximum
0.71
Discovering the peaks and valleys of Putnam Premier Income Trust Current 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 = 132.15%
Maximum Annual Current Ratio = 0.71
Minimum Annual Increase = -71.26%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.18 | -51.23% |
| 2024 | 0.37 | 116.01% |
| 2023 | 0.17 | -71.26% |
| 2022 | 0.59 | 109.15% |
| 2021 | 0.28 | 53.52% |
| 2020 | 0.18 | 108.19% |
| 2019 | 0.09 | -67.75% |
| 2018 | 0.27 | -61.03% |
| 2017 | 0.71 | 132.15% |
| 2016 | 0.30 | 104.75% |
The current Current 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
0.24
5-year avg
0.32
10-year avg
0.32
Putnam Premier Income Trust’s Current Ratio is less than Western Asset High Income Opportunity Fund Inc. (1.47), less than BlackRock Floating Rate Income Trust (0.55), greater than John Hancock Preferred Income Fund II (0), less than Putnam Managed Municipal Income Trust (7.90), less than Western Asset High Income Fund II Inc. (2.19), less than Eaton Vance Floating-Rate Income Trust (0.84), less than MFS Intermediate Income Trust (1.50), less than Virtus Convertible & Income Fund II (5.21), less than Angel Oak Financial Strategies Income Term Trust (1.77K), less than Eaton Vance Senior Floating-Rate Trust (4.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $360.43M | |
| 0.55 | $311.49M | |
| 0 | $352.34M | |
| 7.90 | $272.53M | |
| 2.19 | $377.39M | |
| 0.84 | $303.72M | |
| 1.50 | $302.70M | |
| 5.21 | $266.21M | |
| 1.77K | $331.51M | |
| 4.89 | $330.37M |
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