Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 165

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 165
---
(including

natural

disasters,

terrorism

and

war);

outbreaks

of

infectious

illnesses

or

other

widespread

public

health

issues

(including

epidemics

and

pandemics);

and

factors

related

to

a

specific

issuer,

asset

class,

geography,

industry

or

sector.

Foreign

### financial
markets

have

their

own

market

risks,

and

they

may

be

more

or

less

volatile

than

U.S.

markets

and

may

move

in

different

directions.

During

a

general

downturn

in

### financial
markets,

multiple

asset

classes

may

decline

in

value

simultaneously.

These

and

other

factors

may

lead

Putnam

Premier

Income

Trust

Important

Information

to

Shareholders

(unaudited)

65

franklintempleton.com

Annual

Report

to

increased

volatility

and

reduced

### liquidity
in

the

fund’s

portfolio

holdings.

These

risks

may

be

exacerbated

during

economic

downturns

or

other

periods

of

economic

stress.

The

Covid-19

pandemic

and

efforts

to

contain

its

spread

have

resulted

in,

among

other

effects,

significant

market

volatility,

exchange

trading

suspensions

and

closures,

declines

in

global

### financial
markets,

higher

default

rates,

significant

changes

in

fiscal

and

monetary

policies,

and

economic

downturns

and

recessions.

The

effects

of

the

Covid-19

pandemic

have

negatively

affected,

and

may

continue

to

negatively

affect,

the

global

economy,

the

economies

of

the

United

States

and

other

individual

countries,

the

### financial
performance

of

individual

issuers,

sectors,

industries,

asset

classes,

and

markets,

and

the

value,

volatility,

and

### liquidity
of

particular

securities

and