Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 132

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 132
---
,030,

respectively.

Capital

loss

carryforwards

not

subject

to

expiration:

Short

term

................................................................................

$

99,349,718

Long

term

................................................................................

100,793,088

Total

capital

loss

carryforwards

...............................................................

$200,142,806

#### 2025

#### 2024
Distributions

paid

from:

Ordinary

income

..........................................................

$19,390,338

$20,299,800

Tax

exempt

income

........................................................

—

9,704,516

Return

of

capital

...........................................................

10,429,111

—

$29,819,449

$30,004,316

Cost

of

investments

..........................................................................

$475,183,546

Unrealized

appreciation

........................................................................

$18,808,960

Unrealized

depreciation

........................................................................

(56,627,754)

Net

unrealized

appreciation

(depreciation)

..........................................................

$(37,818,794)

Putnam

Premier

Income

Trust

Notes

to

### Financial
Statements

51

franklintempleton.com

Annual

Report

#### 7.

#### Credit

#### Risk

#### and

#### Defaulted

#### Securities
At

July

31,

2025,

the

Fund

had 35.5%

of

its

portfolio

invested

in

high

yield

or

other

securities

rated

below

investment

grade

and

unrated

securities.

These

securities

may

be

more

sensitive

to

economic

conditions

causing

greater

price

volatility

and

are

potentially

subject

to

a

greater

risk

of

loss

due

to

default

than

higher

rated

securities.

The

Fund held

defaulted

securities

and/or

other

securities

for

which

the

income

has

been

deemed

uncollectible.

At

July

31,

2025,

the

aggregate

value

of

these

securities represents

less

than

0.1% of

the

Fund's

net

assets.

The

Fund

discontinues

accruing

income

on

securities