Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 148

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 148
---
the

fund

is

to

seek

high

current

income

consistent

with

the

preservation

of

capital

by

allocating

its

investments

among

the

U.S.

government

sector,

high

yield

sector

and

international

sector

of

the

fixed-income

securities

market.

#### The

#### Fund’s

#### Main

#### Investment

#### Strategies

#### and

#### Related

#### Risks
This

section

contains

detail

regarding

the

fund’s

main

investment

strategies

and

the

related

risks

you

face

as

a

fund

shareholder.

It

is

important

to

keep

in

mind

that

risk

and

reward

generally

go

hand

in

hand;

the

higher

the

potential

reward,

the

greater

the

risk.

We

pursue

the

fund’s

goal

by

investing

mainly

in

bonds,

securitized

debt

instruments

(such

as

residential

mortgage-

backed

securities

and

commercial

mortgage-backed

securities),

and

other

obligations

of

companies

and

governments

worldwide

that

are

either

investment-grade

or

below-investment-grade

in

quality

(sometimes

referred

to

as

“junk

bonds”),

that

have

intermediate-

to

long-term

maturities

(three

years

or

longer),

and

that

are

from

multiple

sectors.

The

fund

currently

has

significant

investment

exposure

to

residential

and

commercial

mortgage-backed

investments.

We

may

consider,

among

other

factors,

credit,

interest

rate

and

prepayment

risks,

as

well

as

general

market

conditions,

when

deciding

whether

to

buy

or

sell

investments.

We

typically

use

to

a

significant

extent

derivatives,

such

as

futures,

options,

certain

foreign

currency

transactions

and

swap

contracts,

for

hedging

and

non-hedging

purposes

and

to

obtain

leverage.