Putnam Premier Income Trust - Asset Resilience Ratio

Latest as of January 2024: 11.92%

Putnam Premier Income Trust (PPT) has an Asset Resilience Ratio of 11.92% as of January 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read PPT liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets

$73.52 Million
Cash + Short-term Investments

Total Assets

$616.64 Million
All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Putnam Premier Income Trust's Asset Resilience Ratio has changed over time. See PPT net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Putnam Premier Income Trust's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Putnam Premier Income Trust market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $73.52 Million 11.92%
Total Liquid Assets $73.52 Million 11.92%

Asset Resilience Insights

  • Moderate Liquidity: Putnam Premier Income Trust has 11.92% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Putnam Premier Income Trust Industry Peers by Asset Resilience Ratio

Compare Putnam Premier Income Trust's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Sprott Physical Gold Trust
TO:PHYS
Asset Management 99.96%
Sprott Physical Silver
TO:PSLV
Asset Management 99.90%
Sprott Physical Gold and Silver Trust
TO:CEF
Asset Management 99.91%
Argo Investments Ltd
AU:ARG
Asset Management 0.46%
Brederode SA
BR:BREB
Asset Management 0.01%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
Highest Performances Holdings Inc.
NASDAQ:MAAS
Asset Management 13.56%
Metrics Master Income Trust
AU:MXT
Asset Management 0.14%

Annual Asset Resilience Ratio for Putnam Premier Income Trust (2015–2023)

The table below shows the annual Asset Resilience Ratio data for Putnam Premier Income Trust.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-07-31 12.50% $87.07 Million $696.45 Million +4.63pp
2022-07-31 7.87% $82.44 Million $1.05 Billion +0.95pp
2021-07-31 6.92% $71.49 Million $1.03 Billion -0.20pp
2020-07-31 7.13% $72.46 Million $1.02 Billion +0.43pp
2019-07-31 6.70% $63.14 Million $942.59 Million -3.98pp
2018-07-31 10.68% $90.08 Million $843.65 Million +6.53pp
2017-07-31 4.15% $53.75 Million $1.29 Billion +2.17pp
2016-07-31 1.98% $26.20 Million $1.32 Billion -4.35pp
2015-07-31 6.33% $63.39 Million $1.00 Billion --
pp = percentage points

About Putnam Premier Income Trust

NYSE:PPT USA Asset Management
Market Cap
$333.53 Million
Market Cap Rank
#14529 Global
#3263 in USA
Share Price
$3.49
Change (1 day)
-0.57%
52-Week Range
$3.44 - $3.75
All Time High
$3.77
About

Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performa… Read more