Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 173

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 173
---
debt

obligations

in

which

the

fund

may

invest

consistent

with

its

investment

policies

(including

without

limitation

debt

obligations

issued

by

other

Putnam

funds),

by

entering

into

repurchase

agreements

or

by

lending

its

portfolio

securities.

6.

With

respect

to

50%

of

its

total

assets,

invest

in

securities

of

any

issuer

if,

immediately

after

such

investment,

more

than

5%

of

the

total

assets

of

the

fund

(taken

at

current

value)

would

be

invested

in

the

securities

of

such

issuer;

provided

that

this

limitation

does

not

apply

to

obligations

issued

or

guaranteed

as

to

interest

or

principal

by

the

U.S.

Government

or

its

agencies

or

instrumentalities.

7.

With

respect

to

50%

of

its

total

assets,

acquire

more

than

10%

of

the

outstanding

voting

securities

of

any

issuer.

8.

Invest

more

than

25%

of

the

value

of

its

total

assets

in

any

one

industry.

(Securities

of

the

U.S.

Government,

its

agencies

or

instrumentalities,

or

of

any

foreign

government,

its

agencies

or

instrumentalities,

securities

of

supranational

entities,

and

securities

backed

by

the

credit

of

a

governmental

entity

are

not

considered

to

represent

industries.)

#### The

#### following

#### information

#### is

#### a

#### summary

#### of

#### material

#### changes

#### since

#### the

#### last

#### fiscal

#### year.

#### This

#### information

#### may

#### not

#### reflect

#### all

#### of

#### the

#### changes

#### that

#### have

#### occurred

#### since

#### you

#### purchased

#### the

#### Fund.
There

have

not

been

any

material