Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 192

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 192
---
#### and

#### Sub-

#### Advisory

#### Agreements
The

Independent

Trustees

were

advised

by

separate

independent

legal

counsel

throughout

the

process.

Prior

to

voting,

the

Independent

Trustees

received

a

memorandum

discussing

the

legal

standards

for

their

consideration

of

the

proposed

continuation

of

the

### Management
Agreement

and

the

Sub-Advisory

Agreements.

The

Independent

Trustees

considered

the

### Management
Agreement

and

each

Sub-

Advisory

Agreement

separately

during

the

course

of

their

review.

In

doing

so,

they

noted

the

respective

roles

of

the

Manager

and

the

Sub-Advisers

in

providing

services

to

the

Fund.

In

approving

the

continuation

of

the

### Management
Agreement

and

Sub-Advisory

Agreements,

the

Board,

including

the

Independent

Trustees,

considered

a

variety

of

factors,

including

those

factors

discussed

below.

No

single

factor

reviewed

by

the

Board

was

identified

by

the

Board

as

the

principal

factor

in

determining

whether

to

approve

the

continuation

of

the

### Management
Agreement

and

the

Sub-

Advisory

Agreements.

Each

Board

member

may

have

attributed

different

weight

to

the

various

factors

in

evaluating

the

### Management
Agreement

and

the

Sub-Advisory

Agreements.

After

considering

all

relevant

factors

and

information,

the

Board,

exercising

its

reasonable

### business
judgment,

determined

that

the

continuation

of

the

### Management
Agreement

and

Sub-Advisory

Agreements

were

in

the

best

interests

of

the

Fund’s

stockholders

and

approved

the

continuation

of

each

such

agreement