Landscape Capital Management L.L.C. Sells 30,460 Shares of Putnam Premier Income Trust (NYSE:PPT)

Landscape Capital Management L.L.C. lowered its position in Putnam Premier Income Trust (NYSE:PPT) by 35.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,596 shares of the investment management company’s stock after selling 30,460 shares during the quarter. Landscape Capital Management L.L.C. owned 0.06% of Putnam Premier Income Trust worth $198,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stifel Financial Corp lifted its position in Putnam Premier Income Trust by 12.3% in the third quarter. Stifel Financial Corp now owns 45,431 shares of the investment management company’s stock worth $169,000 after purchasing an additional 4,978 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Putnam Premier Income Trust by 109.8% during the 4th quarter. Jones Financial Companies Lllp now owns 13,716 shares of the investment management company’s stock worth $49,000 after acquiring an additional 7,177 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of Putnam Premier Income Trust by 88.4% during the 3rd quarter. IHT Wealth Management LLC now owns 19,566 shares of the investment management company’s stock worth $73,000 after acquiring an additional 9,183 shares during the period. XTX Topco Ltd acquired a new stake in shares of Putnam Premier Income Trust during the 3rd quarter valued at about $54,000. Finally, Allspring Global Investments Holdings LLC increased its stake in Putnam Premier Income Trust by 0.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,779,876 shares of the investment management company’s stock valued at $13,456,000 after acquiring an additional 18,675 shares during the period. Institutional investors and hedge funds own 42.79% of the company’s stock.

Putnam Premier Income Trust Price Performance

NYSE:PPT opened at $3.52 on Wednesday. The firm has a 50-day moving average price of $3.59 and a 200 day moving average price of $3.60. Putnam Premier Income Trust has a 12-month low of $3.40 and a 12-month high of $3.74.

Putnam Premier Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 17th will be given a dividend of $0.026 per share. The ex-dividend date is Thursday, April 17th. This represents a $0.31 annualized dividend and a dividend yield of 8.88%.

About Putnam Premier Income Trust

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.