Putnam Premier Income Trust (PPT) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PPT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PPT
Among 99 mutual funds in the Multisector Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Short Duration Diversified Income Fund | 0.02% | — | Feb 2005 | PPT vs EVG | |
| MFS Multimarket Income Trust | 0.03% | — | Mar 1987 | PPT vs MMT | |
| Nuveen Multi-Market Income Fund | 0.04% | — | Dec 1988 | PPT vs JMM | |
| KKR Income Opportunities Fund | 0.04% | — | Jul 2013 | PPT vs KIO | |
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | PPT vs DBSCX |
Best Risk-Adjusted Alternatives to PPT
PPT has a PortfoliosLab risk / return rank of 6. There are 94 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | PPT vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PPT vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PPT vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PPT vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | PPT vs ICMUX |
Top Performing PPT Alternatives (YTD)
PPT is at 1.28% YTD. There are 42 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 5.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Brookfield Real Assets Income Fund Inc. | 5.79% | — | — | PPT vs RA | |
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | PPT vs ACP | |
| KKR Income Opportunities Fund | 4.54% | — | Jul 2013 | PPT vs KIO | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | PPT vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | PPT vs BRW |
Lowest Volatility Alternatives to PPT
PPT has 9.30% 1-year volatility. There are 90 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | PPT vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | PPT vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | PPT vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | PPT vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | PPT vs CBLDX |
Lowest Drawdown Alternatives to PPT
PPT has a 1-year max drawdown of -5.05%. There are 83 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | PPT vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PPT vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PPT vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PPT vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PPT vs BWDTX |
Other Mutual Funds from Putnam Investments
The 2 most viewed Putnam Investments mutual funds shown here include PCF, PIM and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| High Income Securities Fund | Convertible Bonds | 1 | -7.07% | — | Jul 1987 | PPT vs PCF | |
| Putnam Master Intermediate Income Trust | Intermediate Core-Plus Bond | 6 | -0.81% | — | Apr 1988 | PPT vs PIM |
Often Compared With PPT
Investors most often compare PPT with PFL, VGI, PAXS. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare PPT with Any Fund or Stock
Compare PPT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PPT with funds that move differently
Putnam Premier Income Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PPT.
Explore PPT Diversifiers