Overview Performance Dividends Correlations

10 Stock and 90 ETF PPT (Putnam Premier Income Trust) alternatives

The most close PPT (Putnam Premier Income Trust) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9682.

Stocks that highly correlated with PPT

Symbol	Name	Market cap	Sector	Industry	Correlation
ADAMM	Adamas Trust Inc	$2.28B	Real Estate	Reit - Mortgage	0.84
EFC-P-A	Ellington Financial Inc	$3.14B	N/A	Other	0.82
WDI	Western Asset Diversified Income Fund	$705M	Financial Services	Asset Management	0.80
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	0.80
ADAMN	Adamas Trust Inc	$2.11B	Real Estate	Reit - Mortgage	0.80
CIM-P-A	Chimera Investment Corp	$1.89B	N/A	N/A	0.78
NMAI	Nuveen Multi-Asset Income Fund	$470M	Financial Services	Asset Management	0.78
DX-P-C	Dynex Capital Inc	$5.39B	N/A	N/A	0.78
HCXY	Hercules Capital Inc	$4.56B	Financials	Investment Banking & Investment Services	0.78
ADC-P-A	Agree Realty Corp	$2.10B	N/A	N/A	0.78

ETFs that highly correlated with PPT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.97
PIM	Putnam Master Intermediate Income Trust	$164M	N/A	N/A	0.92
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$150M	N/A	N/A	0.84
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.30B	2.11%	May 15, 2018	0.83
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$836M	2.71%	Feb 19, 2010	0.83
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.83
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.82
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.10B	0.40%	May 30, 2018	0.82
YYY	AMPLIFY CEF HIGH INCOME ETF	$712M	3.23%	Jun 12, 2012	0.82
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$45M	0.50%	Jul 13, 2015	0.82
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$75M	3.69%	Sep 27, 2016	0.82
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$1.10B	0.43%	Aug 9, 2018	0.82
PFN	Pimco Income Strategy Fund II	$686M	N/A	N/A	0.81
EVV	Eaton Vance Ltd Duration Income Fund	$1.20B	N/A	N/A	0.81
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.81
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$417M	0.71%	Aug 13, 2012	0.81
JPC	Nuveen Preferred & Income Opportunities Fund	$3B	N/A	N/A	0.81
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$424M	0.45%	Nov 19, 2019	0.81
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$26B	0.08%	Oct 25, 2017	0.81
MSTI	MADISON SHORT-TERM STRATEGIC INCOME ETF	$51M	0.36%	Sep 5, 2023	0.81
PFL	Pimco Income Strategy Fund	$386M	N/A	N/A	0.81
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$44M	0.20%	Jan 11, 2018	0.80
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.80
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$824M	0.42%	Sep 12, 2019	0.80
BLW	BlackRock Ltd Duration Income Trust	$527M	N/A	N/A	0.80
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.80
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$524M	0.39%	Jul 8, 2015	0.80
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$261M	0.20%	Jan 9, 2018	0.80
JGH	Nuveen Global High Income Fund	$385M	N/A	N/A	0.80
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$607M	0.07%	Sep 15, 2016	0.80
PFFR	INFRACAP REIT PREFERRED ETF	$118M	0.45%	Feb 7, 2017	0.80
BINC	BlackRock Flexible Income ETF	$17B	0.40%	May 19, 2023	0.80
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$497M	0.35%	Jun 12, 2018	0.80
ISD	PGIM High Yield Bond Fund Inc	$461M	N/A	N/A	0.80
MMT	MFS Multimarket Income Trust	$271M	N/A	N/A	0.80
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.80
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.50B	0.35%	Jul 11, 2017	0.80
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$124M	0.15%	Sep 5, 2017	0.80
ERC	Allspring Multi-Sector Income Fund	$276M	N/A	N/A	0.79
JRI	Nuveen Real Asset Income and Growth Fund	$498M	N/A	N/A	0.79
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.40B	0.83%	Feb 11, 2013	0.79
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.79
SJNK	SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.80B	0.40%	Mar 14, 2012	0.79
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$17B	0.49%	Apr 4, 2007	0.79
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$286M	0.23%	Nov 15, 2007	0.79
INKM	SPDR SSGA INCOME ALLOCATION ETF	$76M	0.50%	Apr 25, 2012	0.79
KOCT	Innovator U.S. Small Cap Power Buffer ETF - October	$142M	0.79%	Sep 30, 2019	0.79
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.79
JNK	SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.79
MCR	MFS Charter Income Trust	$274M	N/A	N/A	0.79
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.79
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.79
TAXX	BONDBLOXX IR+M TAX-AWARE SHORT DURATION ETF	$283M	0.35%	Mar 14, 2024	0.79
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.79
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.79
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.40B	0.05%	Dec 6, 2016	0.79
AVDV	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	$19B	0.36%	Sep 24, 2019	0.79
CEFS	SABA CLOSED-END FUNDS ETF	$402M	2.61%	Mar 20, 2017	0.79
MOTG	VANECK MORNINGSTAR GLOBAL WIDE MOAT ETF	$17M	0.52%	Oct 30, 2018	0.78
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.90M	N/A	Sep 26, 2018	0.78
AVDE	AVANTIS INTERNATIONAL EQUITY ETF	$16B	0.23%	Sep 24, 2019	0.78
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$205M	0.40%	Apr 3, 2012	0.78
HIO	Western Asset High Income Opportunity Fund Inc	$375M	N/A	N/A	0.78
NETL	NETLEASE CORPORATE REAL ESTATE ETF	$48M	0.60%	Mar 21, 2019	0.78
HIPS	GraniteShares HIPS US High Income ETF	$105M	1.17%	Jan 7, 2015	0.78
CIK	Credit Suisse Asset Management Income Fund Inc	$150M	N/A	N/A	0.78
DSL	Doubleline Income Solutions Fund	$1.30B	N/A	N/A	0.78
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$2.60B	0.50%	May 1, 2014	0.78
IGA	Voya Global Advantage and Premium Opportunity Fund	$162M	N/A	N/A	0.78
BTZ	BlackRock Credit Allocation Income Trust	$1B	N/A	N/A	0.78
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$284M	0.19%	Sep 25, 2019	0.78
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$113M	0.40%	May 19, 2006	0.78
GHY	PGIM Global High Yield Fund Inc	$533M	N/A	N/A	0.78
DHF	BNY Mellon High Yield Strategies Fund	$198M	N/A	N/A	0.78
TPIF	TIMOTHY PLAN INTERNATIONAL ETF	$243M	0.62%	Dec 2, 2019	0.78
HOMZ	HOYA CAPITAL HOUSING ETF	$35M	0.30%	Mar 19, 2019	0.78
JHI	John Hancock Investors Trust	$128M	N/A	N/A	0.78
SCD	LMP Capital and Income Fund Inc	$391M	N/A	N/A	0.78
WWJD	INSPIRE INTERNATIONAL ETF	$502M	0.61%	Sep 30, 2019	0.78
TPSC	TIMOTHY PLAN US SMALL CAP CORE ETF	$333M	0.52%	Dec 2, 2019	0.78
GGZ	Gabelli Global Small and Mid Cap Value Trust	$138M	N/A	N/A	0.78
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$872M	0.27%	Aug 24, 2018	0.78
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$129M	0.50%	Apr 3, 2012	0.78
DDLS	WISDOMTREE DYNAMIC INTERNATIONAL SMALLCAP EQUITY FUND	$445M	0.48%	Jan 7, 2016	0.78
BSJV	Invesco BulletShares 2031 High Yield Corporate Bond ETF	$84M	0.42%	Sep 20, 2023	0.78
OSCV	OPUS SMALL CAP VALUE ETF	$682M	0.79%	Jul 18, 2018	0.78
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$239M	0.38%	Apr 27, 2016	0.78
UCON	FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF	$3.20B	0.86%	Jun 4, 2018	0.78
AVK	Advent Convertible and Income Fund	$595M	N/A	N/A	0.78
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$649M	N/A	N/A	0.78