Message #12 From:
NewsBot Date: December 15, 2006 01:17:00 PM
PIM News Putnam Reports Quarterly Performance for 1 Closed-End Fund
BOSTON--(BUSINESS WIRE)--Putnam Investments today announced quarterly performance results for 1
closed-end fund for the three months ended October 31, 2006.
Putnam Premier Income Trust
The per-share net asset value (NAV) for Putnam Premier Income Trust
(PPT) was $7.16 as of the close of business on October 31, 2006. The
per-share NAV for this fund was $7.02, as of July 31, 2006. The share
price as traded on the New York Stock Exchange (NYSE) on October 31,
2006 was $6.24. The share price for this fund was $6.02, as of July 31,
2006. The fund’s total return for the three
months ended October 31, 2006 was 3.47%, based on net asset value, and
5.16% based on NYSE share price.
Additional quarterly data is as follows:
Three months
ended
October 31, 2006
Three months
ended
October 31, 2005
Total investment income
Total
$
19,734,477
$
20,037,566
Per share(1)
$
.11
$
.10
Net investment income
Total
$
17,085,544
$
17,374,178
Per share(1)
$
.09
$
.09
Net realized and unrealized gain(loss) on investments
Total
$
21,347,210
$
(23,320,437)
Per share(1)
$
.12
$
(.12)
Net increase(decrease) in net assets resulting from operations
Total
$
38,432,754
$
(5,946,259)
Per share
$
.21
$
(.03)
Net assets available at the end of the period
Total
$
1,303,463,163
$
1,371,660,440
Per share
$
7.16
$
7.04
(1) per common share
Data for the fund for the period ended October 31, 2006 reflects the
repurchase of common shares pursuant to a repurchase program that
commenced in October 2005.
Founded in 1937, Putnam Investments is one of the nation's oldest and
largest money management firms. As of November 30, 2006, Putnam managed
$191 billion in assets, of which $123 billion is for mutual fund
investors and $68 billion is for institutional accounts. Putnam has
offices in Boston, London and Tokyo. For more information, go to www.putnam.com.
