Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 196

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 196
---
and

the

Sub-Advisers

information

throughout

the

year

at

periodic

intervals

comparing

the

Fund’s

performance

against

its

benchmark

and

against

the

Fund’s

peers.

In

addition,

the

Board

considered

the

Fund’s

performance

in

view

of

overall

### financial
market

conditions.

The

Broadridge

Performance

Information

comparing

the

Fund’s

performance

to

that

of

its

Performance

Universe,

consisting

of

the

Fund

and

all

closed-end

non-leveraged

general

bond

funds,

regardless

of

asset

size,

showed,

among

other

data,

that

based

on

net

asset

value

per

share,

the

Fund’s

performance

was

above

the

median

for

the

3-year

period

ended

December

31,

2024,

and

was

below

the

median

for

the

1-,

5-

and

10-year

periods

ended

December

31,

2024.

The

Board

noted

the

explanations

from

the

Manager

and

the

Sub-Advisers

regarding

the

Fund’s

relative

performance

versus

the

Performance

Universe

for

the

various

periods.

Based

on

the

reviews

and

discussions

of

Fund

performance

and

considering

other

relevant

factors,

including

those

noted

above,

the

Board

concluded,

under

the

circumstances,

that

continuation

of

the

### Management
Agreement

and

the

Sub-Advisory

Agreements

for

an

additional

one-year

period

would

be

consistent

with

the

interests

of

the

Fund

and

its

stockholders.

### Management

#### and

#### Sub-Advisory

#### Fees

#### and

#### Expense

#### Ratios
The

Board

reviewed

and

considered

the

contractual

### management
fee

(the

“Contractual

### Management
Fee”)

and

the

actual

### management
fee

(the

“Actual

### Management