Franklin Premier Income Trust
Sponsor: Franklin Templeton · Inception Feb 19, 1988 · Pays monthly
Market priceShare price
$3.29
+0.30% (+$0.01)
NAVAsset value per share
$3.56
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
7.58% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
9.48%
regular, annualised · on NAV 8.76%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jul 31, 2026, filed Sep 25, 2026. 769 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| OTHER | 5.61% | $21.9M |
| Loans | 5.54% | $21.6M |
| Debt | 41.98% | $164M |
| Mortgage-backed | 38.93% | $152M |
| ABS (other) | 2.61% | $10.2M |
| CDO/CLO | 2.30% | $9M |
| Derivative (interest rate) | 1.56% | $6.1M |
| Short-term investment vehicle | 1.23% | $4.8M |
| Derivative (credit) | 0.29% | $1.1M |
| Derivative (FX) | -0.06% | $-226K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 80.22% | $313M |
| France | 2.48% | $9.7M |
| Cayman Islands | 1.74% | $6.8M |
| Bermuda | 1.19% | $4.7M |
| Canada | 1.09% | $4.2M |
| Jersey | 0.79% | $3.1M |
| Netherlands | 0.68% | $2.6M |
| Luxembourg | 0.56% | $2.2M |
| RO | 0.55% | $2.1M |
| Türkiye | 0.53% | $2.1M |
| Brazil | 0.50% | $2M |
| United Kingdom | 0.50% | $2M |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 80.22% | $313M |
| Developed Europe | 6.24% | $24.3M |
| Other | 4.57% | $17.8M |
| Offshore domiciles | 3.13% | $12.2M |
| Latin America | 1.93% | $7.5M |
| Canada | 1.09% | $4.2M |
| Emerging Europe | 0.97% | $3.8M |
| Asia ex-Japan | 0.70% | $2.7M |
| Africa | 0.51% | $2M |
| Middle East | 0.36% | $1.4M |
| Australia & New Zealand | 0.29% | $1.1M |
| Japan | 0.00% | $-0 |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Non-U.S. sovereign | 8.48% | $33.1M |
| Corporate | 61.99% | $242M |
| Registered fund | 5.61% | $21.9M |
| U.S. government agency | 11.22% | $43.7M |
| U.S. GSE | 10.46% | $40.8M |
| Other | 1.79% | $7M |
| U.S. Treasury | 0.46% | $1.8M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 97.82% | $381M |
| Level 1 | 2.00% | $7.8M |
| Level 3 | 0.18% | $701K |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 98.44% | $384M |
| N/A | 1.79% | $7M |
| Short | -0.23% | $-913K |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 769 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| GNMA | 38376RNT9 | MBS | USGA | United States | 105,232 | principal | $3.4K | 0.00% | 2 |
| FHLMC | 31325UPS9 | MBS | USGSE | United States | 6,800 | principal | $82 | 0.00% | 2 |
| TIAA Real Estate CDO Ltd. | 88631FAA6 | CDO/CLO | CORP | Cayman Islands | 1,081,996 | principal | $11 | 0.00% | 2 |
| Mexican Peso | — | Short-term inv. | OTHER | Mexico | 1 | OU | $0 | 0.00% | 1 |
| Egyptian Pound | — | Short-term inv. | OTHER | Egypt | 1 | OU | $0 | 0.00% | 1 |
| Swiss Franc | — | Short-term inv. | OTHER | Switzerland | 0 | OU | $0 | 0.00% | 1 |
| Indian Rupee | — | Short-term inv. | OTHER | India | 1 | OU | $0 | 0.00% | 1 |
| Canadian Dollar | — | Short-term inv. | OTHER | Canada | 0 | OU | $0 | 0.00% | 1 |
| Rand | — | Short-term inv. | OTHER | South Africa | 0 | OU | $0 | 0.00% | 1 |
| Czech Korunashort | — | Short-term inv. | OTHER | Czechia | -0 | OU | $0 | 0.00% | 1 |
| Argentine Peso | — | Short-term inv. | OTHER | Argentina | 3 | OU | $0 | 0.00% | 1 |
| Australian Dollarshort | — | Short-term inv. | OTHER | Australia | -1 | OU | $-1 | 0.00% | 1 |
| Brazilian Realshort | — | Short-term inv. | OTHER | Brazil | -1 | OU | $-0 | 0.00% | 1 |
| Forintshort | — | Short-term inv. | OTHER | Hungary | -9 | OU | $-0 | 0.00% | 1 |
| Yenshort | — | Short-term inv. | OTHER | Japan | -1 | OU | $-0 | 0.00% | 1 |
| FNMA or FHLMCshort | 01F040685 | MBS | USGSE | United States | -1,000,000 | principal | $-913K | -0.23% | 2 |
| N/A | — | FX deriv. | OTHER | N/ | 44 | contracts | $-226K | -0.06% | 2 |
| N/A | — | Rate deriv. | OTHER | United Kingdom | 116,459,000 | principal | $-86.1K | -0.02% | 2 |
| Norwegian Kroneshort | — | Short-term inv. | OTHER | Norway | -182 | OU | $-19 | -0.00% | 1 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jul 31, 2026 | Sep 25, 2026 | 769 | 100.0% | $390M | full |
| Apr 30, 2026 | Jun 24, 2026 | 750 | 100.0% | $428M | full |
| Jan 31, 2026 | Mar 27, 2026 | 705 | 100.0% | $459M | full |
| Oct 31, 2025 | Dec 23, 2025 | 691 | 100.0% | $425M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Franklin Premier Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.