PUTNAM PREMIER INCOME TRUST, AS OF JANUARY 31, 2017, SEMI ANNUAL REPORT PUTNAM FUNDS SUBMANAGEMENT CONTRACT This SubManagement Contract is dated as of February 27, 2014 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company...Submanagement Contract • March 29th, 2017 • Putnam Premier Income Trust
Contract Type FiledMarch 29th, 2017 CompanyPUTNAM FUNDS SUBMANAGEMENT CONTRACT This SubManagement Contract is dated as of February 27, 2014 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the Manager) and PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (the SubManager). WHEREAS, the Manager is the investment manager of each of the investment companies registered under the United States Investment Company Act of 1940, as amended, that are identified on Schedule A hereto, as it may from time to time be amended by the Manager (the Funds), and a registered investment adviser under the United States Investment Advisers Act of 1940, as amended; WHEREAS, the SubManager is licensed as an investment manager by the Financial Conduct Authority of the United Kingdom (the FCA); and WHEREAS, the Manager desires to engage the SubManager from time to time to manage a portion of certain of the Funds: NOW THEREFORE, in consideration of the mutual covenants herein contained, it