Company: PPT
Filing Date: 2025-03-27
Form Type: N-CSRS
Source: 0000928816-25-000406
Chunk: 0

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-03-27
Form: N-CSRS
Chunk 0
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| UNITED STATES |

| SECURITIES AND EXCHANGE COMMISSION |

| Washington, D.C. 20549 |

| FORM N-CSR |

| CERTIFIED SHAREHOLDER REPORT OF REGISTERED |

| MANAGEMENT INVESTMENT COMPANIES |

| Investment Company Act file number: | -811-05452 |

| Exact name of registrant as specified in charter: | Putnam Premier Income Trust |

| Address of principal executive offices: | 100 Federal Street, Boston, Massachusetts 02110 |

| Name and address of agent for service: | Stephen Tate, Vice President |

| 100 Federal Street |

| Boston, Massachusetts 02110 |

| Copy to: | Bryan Chegwidden, Esq. |

| Ropes & Gray LLP |

| 1211 Avenue of the Americas |

| New York, New York 10036 |

| James E. Thomas, Esq. |

| Ropes & Gray LLP |

| 800 Boylston Street |

| Boston, Massachusetts 02199 |

| Registrant’s telephone number, including area code: | (617) 292-1000 |

| Item 1. Report to Stockholders: |

| The following is a copy of the report transmitted to stockholders  pursuant to Rule 30e-1 under the Investment Company Act of 1940: |

Putnam Premier Income
Trust

Semiannual report
1 | 31 | 25

| Message from the Trustees                          | 1 |
| Your fund at a glance                              | 2 |
| Other information for shareholders                 | 3 |
| Important notice regarding Putnam’s privacy policy | 4 |
| Summary of dividend reinvestment plans             | 5 |
| Financial statements                               | 9 |

Message from the Trustees

March 17, 2025

Dear Fellow Shareholder:

We are pleased to provide the semi-annual report of Putnam Premier Income Trust for the six-month reporting period ended January 31, 2025. Please read on for Fund performance information during the Fund’s reporting period.

We extend our sincere thanks to Kenneth R. Leibler, who retired from the Board on June 30, 2024, after serving as a Trustee since 2006 and Chair of the Board since 2018. Effective July 1, 2024, Barbara M. Baumann, a Trustee since 2010 and Vice Chair from 2022 to 2024, was appointed Chair of the Board. Effective May 17, 2024