---
schema_version: "secwatch.filing_event.v1"
accession: "0000928816-23-001558"
form_type: "8-K"
ticker: "PPT"
cik: "0000827773"
company_name: "PUTNAM PREMIER INCOME TRUST"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:40:21.252480+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Putnam Premier Income Trust rescinds control share acquisition provisions, adopts investment-grade policy

## Summary
- Board amended Bylaws to remove Article 15 and control share acquisition provisions effective November 17, 2023.
- New investment policy requires fund to maintain an average portfolio rating of investment grade under normal circumstances.
- Previously, on February 23, 2023, Board had exempted all prior and future purchases from the control share provisions.
- Policy applies at time of investment; ratings determined by NRSRO or adviser Putnam Investment Management for unrated securities.

## SEC filing metadata
- accession: 0000928816-23-001558
- form_type: 8-K
- ticker: PPT
- cik: 0000827773
- company_name: PUTNAM PREMIER INCOME TRUST
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827773/000092881623001558/0000928816-23-001558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827773/000092881623001558/a_pit8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928816-23-001558
- JSON: https://secwatch.observer/filing/0000928816-23-001558.json
- Plain text: https://secwatch.observer/filing/0000928816-23-001558.txt

## Key facts
- Governance Changes
  PUTNAM PREMIER INCOME TRUST: Rescinded Article 15 and its control share acquisition provisions from the bylaws (effective 2023-11-17).
  - Change: bylaw amendment
  - Effective: 2023-11-17
  source text: On November 17, 2023 , the Board of Trustees of Putnam Premier Income Trust (the “Fund”) determined it was in the best interests of shareholders to amend and restate the Bylaws of the Fund (the “Amended and Restated Bylaws”), effective as of November 17 , 2023, to rescind Article 15 and its accompanying control share acquisition provisions (the “CSA Provisions”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/827773/000092881623001558/0000928816-23-001558-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.