Putnam Premier Income Trust (PPT) - Net Assets
Based on the latest financial reports, Putnam Premier Income Trust (PPT) has net assets worth $362.99 Million USD as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($468.88 Million) and total liabilities ($105.89 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PPT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $362.99 Million |
| % of Total Assets | 77.42% |
| Annual Growth Rate | -6.17% |
| 5-Year Change | -23.12% |
| 10-Year Change | -37.12% |
| Growth Volatility | 12.31 |
Putnam Premier Income Trust - Net Assets Trend (2007–2025)
This chart illustrates how Putnam Premier Income Trust's net assets have evolved over time, based on quarterly financial data. Also explore Putnam Premier Income Trust total assets for the complete picture of this company's asset base.
Annual Net Assets for Putnam Premier Income Trust (2007–2025)
The table below shows the annual net assets of Putnam Premier Income Trust from 2007 to 2025. For live valuation and market cap data, see Putnam Premier Income Trust stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $362.99 Million | -1.34% |
| 2024-07-31 | $367.93 Million | -0.51% |
| 2023-07-31 | $369.81 Million | -9.72% |
| 2022-07-31 | $409.60 Million | -13.24% |
| 2021-07-31 | $472.13 Million | -36.98% |
| 2020-07-31 | $749.22 Million | +14.53% |
| 2019-07-31 | $654.19 Million | +9.74% |
| 2018-07-31 | $596.14 Million | -0.08% |
| 2017-07-31 | $596.64 Million | +3.36% |
| 2016-07-31 | $577.24 Million | -13.83% |
| 2015-07-31 | $669.89 Million | -13.65% |
| 2014-07-31 | $775.82 Million | -6.01% |
| 2013-07-31 | $825.43 Million | +2.75% |
| 2009-07-31 | $803.32 Million | -17.99% |
| 2008-07-31 | $979.58 Million | -14.22% |
| 2007-07-31 | $1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Putnam Premier Income Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1247512100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $601.00 Million | 165.57% |
| Total Equity | $362.99 Million | 100.00% |
Putnam Premier Income Trust Competitors by Market Cap
The table below lists competitors of Putnam Premier Income Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ratchthani Leasing Public Company Limited
BK:THANI
|
$333.96 Million |
|
Top Bright Holding Co Ltd
TW:8499
|
$333.96 Million |
|
RichWave Technology Corp
TW:4968
|
$334.09 Million |
|
Marine Electricals (India) Limited
NSE:MARINE
|
$334.23 Million |
|
Lifezone Metals Limited
NYSE:LZM
|
$333.46 Million |
|
Vodafone Group PLC
LSE:VOD
|
$333.36 Million |
|
Astarta Holding N.V.
WAR:AST
|
$333.36 Million |
|
Forrestania Resources Ltd
AU:FRS
|
$333.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Putnam Premier Income Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 367,933,948 to 362,991,821, a change of -4,942,127 (-1.3%).
- Net income of 24,985,193 contributed positively to equity growth.
- Other factors decreased equity by 29,927,320.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.99 Million | +6.88% |
| Other Changes | $-29.93 Million | -8.24% |
| Total Change | $- | -1.34% |
Book Value vs Market Value Analysis
This analysis compares Putnam Premier Income Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.59x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-07-31 | $5.96 | $3.49 | x |
| 2014-07-31 | $5.99 | $3.49 | x |
| 2015-07-31 | $5.58 | $3.49 | x |
| 2016-07-31 | $5.33 | $3.49 | x |
| 2017-07-31 | $5.44 | $3.49 | x |
| 2018-07-31 | $5.64 | $3.49 | x |
| 2019-07-31 | $5.44 | $3.49 | x |
| 2020-07-31 | $4.80 | $3.49 | x |
| 2021-07-31 | $4.71 | $3.49 | x |
| 2022-07-31 | $4.12 | $3.49 | x |
| 2023-07-31 | $3.82 | $3.49 | x |
| 2024-07-31 | $3.85 | $3.49 | x |
| 2025-07-31 | $3.80 | $3.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Putnam Premier Income Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.07%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.29x
- Recent ROE (6.88%) is above the historical average (2.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.17% | 85.72% | 0.06x | 1.12x | $-43.69 Million |
| 2008 | -2.77% | -31.62% | 0.04x | 2.14x | $-125.14 Million |
| 2009 | -7.22% | -48.57% | 0.08x | 1.81x | $-138.30 Million |
| 2013 | 8.82% | 136.85% | 0.04x | 1.46x | $-9.71 Million |
| 2014 | 8.18% | 129.38% | 0.04x | 1.49x | $-14.11 Million |
| 2015 | -3.76% | -91.18% | 0.03x | 1.49x | $-92.18 Million |
| 2016 | -2.88% | 0.00% | 0.00x | 2.29x | $-74.36 Million |
| 2017 | 10.67% | 98.31% | 0.05x | 2.17x | $4.00 Million |
| 2018 | 6.03% | 97.00% | 0.04x | 1.42x | $-23.67 Million |
| 2019 | 3.94% | 95.39% | 0.02x | 1.68x | $-34.06 Million |
| 2020 | -4.75% | 0.00% | -0.02x | 2.07x | $-72.59 Million |
| 2021 | 3.61% | 94.60% | 0.02x | 2.19x | $-30.19 Million |
| 2022 | -4.99% | 0.00% | -0.02x | 2.56x | $-61.41 Million |
| 2023 | 0.26% | 51.43% | 0.00x | 1.88x | $-36.02 Million |
| 2024 | 8.70% | 97.90% | 0.06x | 1.45x | $-4.79 Million |
| 2025 | 6.88% | 97.07% | 0.05x | 1.29x | $-11.31 Million |
Industry Comparison
This section compares Putnam Premier Income Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $896,093,866
- Average return on equity (ROE) among peers: -12.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Putnam Premier Income Trust (PPT) | $362.99 Million | 6.17% | 0.29x | $333.53 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.79 Billion | 7.51% | 0.00x | $3.59 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $304.00 Million | 32.66% | 0.17x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $359.65 Million |
| Affiliated Managers Group Inc (AMG) | $1.30 Billion | -0.10% | 1.49x | $8.37 Billion |
| Ameriprise Financial Inc (AMP) | $4.73 Billion | 54.05% | 36.05x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $632.43 Million | 16.58% | 4.38x | $42.91 Million |
| Artisan Partners Asset Management Inc (APAM) | $-736.58 Million | 0.00% | 0.00x | $2.60 Billion |
About Putnam Premier Income Trust
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