N@N

Putnam Reports Quarterly Performance for Putnam Premier Income Trust

^{Published on 2009-12-15 09:29:34 - Market Wire}
 

BOSTON, MA--(Marketwire - December 15, 2009) - Putnam Investments today announced quarterly performance results for Putnam Premier Income Trust (NYSE: [ PPT ]), a closed-end fund, for the three months ended October 31, 2009.

The per-share net asset value (NAV) for the fund was $6.33 as of the close of business on October 31, 2009. The per-share NAV for the fund was $5.73 as of July 31, 2009. The share price as traded on the New York Stock Exchange (NYSE) on October 31, 2009 was $5.90. The share price for the fund was $5.37 as of July 31, 2009. The fund's total return for the three months ended October 31, 2009 was 13.07%, based on net asset value, and 12.46% based on NYSE share price.

Additional quarterly data is as follows:

 Three months Three months ended ended October 31, October 31, 2009 2008 ------------- ------------ Total investment income Total $ 21,448,245 18,077,999 Per share* $ .15 .12 ------------- ------------ Net investment income Total $ 19,465,168 16,211,369 Per share* $ .14 .11 ------------- ------------ Net realized and unrealized gain(loss) on investments Total $ 83,605,800 (200,103,988) Per share* $ .60 (1.37) ------------- ------------ Net increase (decrease) in net assets resulting from operations Total $ 103,070,968 (183,892,619) Per share* $ .74 (1.26) ------------- ------------ Net assets available at the end of the period Total $ 887,331,290 742,396,937 Per share* $ 6.33 5.19 ------------- ------------ * per common share 

About Putnam

Founded in 1937, Putnam Investments is a leading global money management firm with over 70 years of investment experience. At the end of November 2009, Putnam had $114 billion in assets under management. Putnam has offices in Boston, London, Tokyo, Singapore, and Sydney. For more information, go to [ www.putnam.com ].

For more information about Putnam, visit the "News & Outlook" section of the company's Website, [ www.putnam.com ].