Franklin Premier Income Trust (PPT)
Franklin Premier Income Trust is a closed-end fund (Taxable Credit) sponsored by Franklin Templeton. As of the 2026-11-09 close it traded at $3.37 against a net asset value of $3.58, a discount of -5.87%. Its one-year average was -6.23% and its one-year discount z-score is 0.28.
Distribution rate: +9.26% on price, +8.71% on NAV. Net investment income covers 52% of the distribution. Return of capital was 48% of distributions in the latest fiscal year.
Activist campaigns: Sit Investment Associates, Inc. owns 30.1% (Schedule 13D, latest filing 2026-07-29).
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