<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0000769317-23-000073</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: SIT INVESTMENT ASSOCIATES INC -->
          <cik>0000769317</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>10</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <dateOfEvent>07/15/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000827773</issuerCIK>
        <issuerCUSIP>746853100</issuerCUSIP>
        <issuerName>Putnam Premier Income Trust</issuerName>
        <address>
          <com:street1>100 FEDERAL STREET</com:street1>
          <com:city>BOSTON</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02110</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Paul E. Rasmussen</personName>
          <personPhoneNum>612-332-3223</personPhoneNum>
          <personAddress>
            <com:street1>80 South Eighth Street</com:street1>
            <com:street2>Suite 3300</com:street2>
            <com:city>Minneapolis</com:city>
            <com:stateOrCountry>MN</com:stateOrCountry>
            <com:zipCode>55402-4130</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0000769317</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Sit Investment Associates, Inc.</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>MN</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>25844112.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>25844112.00</sharedDispositivePower>
        <aggregateAmountOwned>25844112.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>27</percentOfClass>
        <typeOfReportingPerson>IA</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001053046</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Sit Fixed Income Advisors II, LLC</reportingPersonName>
        <memberOfGroup>b</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>25844112.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>25844112.00</sharedDispositivePower>
        <aggregateAmountOwned>25844112.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>27</percentOfClass>
        <typeOfReportingPerson>IA</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock</securityTitle>
        <issuerName>Putnam Premier Income Trust</issuerName>
        <issuerPrincipalAddress>
          <com:street1>100 FEDERAL STREET</com:street1>
          <com:city>BOSTON</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02110</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 10 ("Amendment") amends and supplements the statement on Schedule 13D filed on October 2, 2023, and amended by Amendment No. 1 filed on January 4, 2024, Amendment No. 2 filed on April 3, 2024, Amendment 3 filed on May 7, 2024, Amendment No. 4 filed on September 9, 2024, Amendment No. 5 filed on December 12, 2024, Amendment No. 6 filed January 8, 2025, Amendment No. 7 filed on March 19, 2025, Amendment No. 8 filed on April 8, 2025, and Amendment No. 9 filed on May 9, 2025 (as amended, the "Original Schedule 13D" and, as amended by this Amendment, the "Schedule 13D"), relating to the shares of Common Stock ("Shares)" of Putnam Premier Income Trust (the "Issuer").  Except as specifically provided herein, each Item of the Original Schedule 13D remains unchanged.  Capitalized terms used but not otherwise defined herein have the meanings set forth in the Original Schedule 13D.</commentText>
      </item1>
      <item5>
        <percentageOfClassSecurities>The aggregate percentage of Shares reported owned by Sit Entities herein is based upon 95,567,537 Shares outstanding as of January 31, 2025, which is the total number of Shares outstanding as reported in the Issuer's Report on Form N-CSRS filed with the Securities Exchange Commission.

As of the date hereof, the Sit Entities may be deemed to be the beneficial owner of 25,844,112 Shares held in client accounts which represent 27.0% of the Issuer's outstanding Shares.</percentageOfClassSecurities>
        <numberOfShares>Each of the Sit Entities may be deemed to have shared power to vote and dispose of such Shares.  However, none of SIA's or SFI's directors or executive officers own Shares directly.</numberOfShares>
        <transactionDesc>Transactions in Shares by the Sit Entities in the last 60 days are set forth in Exhibit A.</transactionDesc>
        <listOfShareholders>The clients of SIA and SFI have the right to participate in the receipt of dividends from, or proceeds from the sales of, the Shares held for their respective accounts.</listOfShareholders>
        <date5PercentOwnership>Not applicable</date5PercentOwnership>
      </item5>
      <item7>
        <filedExhibits>Exhibit A:  Schedule of Transactions in Shares by Sit Entities in the last 60 days.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Sit Investment Associates, Inc.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Roger J. Sit</signature>
          <title>Roger J. Sit, Chairman &amp; CEO</title>
          <date>07/17/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Sit Fixed Income Advisors II, LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Roger J. Sit</signature>
          <title>Roger J. Sit, Chairman &amp; CEO</title>
          <date>07/17/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>