Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 168

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 168
---

were

not

selected

for

the

fund.

As

a

result,

the

fund

may

underperform

its

benchmark

or

other

funds

with

a

similar

investment

goal

and

may

realize

losses.

In

addition,

we,

or

the

fund’s

other

service

providers,

may

experience

disruptions

or

operating

errors

that

could

negatively

impact

the

fund.

Although

service

providers

may

have

operational

risk

### management
policies

and

### procedures
and

take

appropriate

precautions

to

avoid

and

mitigate

risks

that

could

lead

to

disruptions

and

operating

errors,

it

may

not

be

possible

to

identify

all

of

the

operational

risks

that

may

affect

the

fund

or

to

develop

processes

and

### controls
to

completely

eliminate

or

mitigate

their

occurrence

or

effects.

#### •

#### Other

#### investments.
In

addition

to

the

main

investment

strategies

described

above,

the

fund

may

make

other

types

of

investments,

such

as

investments

in

asset-backed,

hybrid

and

structured

bonds

and

notes,

preferred

securities

that

would

be

characterized

as

debt

securities

under

applicable

accounting

standards

and

tax

laws,

and

assignments

of

and

participations

in

fixed

and

floating

rate

loans.

The

fund

may

also

invest

in

cash

or

cash

equivalents,

including

money

market

instruments

or

short-term

instruments

such

as

commercial

paper,

bank

obligations

(e.g.,

certificates

of

deposit

and

bankers’

acceptances),

repurchase

agreements,

and

U.S.

Treasury

bills

or

other

government

obligations.

The

fund

may

also

from

time

to

time

invest

all

or

a

portion

of

its

cash