Western Asset Premier Bond Fund (WEA)
| Market Value | 131.02M |
| Revenue (ttm) | 13.62M |
| Net Income (ttm) | 9.34M |
| Shares Out | 11.87M |
| EPS (ttm) | 0.79 |
| PE Ratio | 14.08 |
| Forward PE | n/a |
| Dividend | $0.84 (7.55%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 18,860 |
| Open | 11.02 |
| Previous Close | 11.02 |
| Day's Range | 10.98 - 11.04 |
| 52-Week Range | 10.37 - 11.34 |
| Beta | 0.69 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About WEA
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of aroun... [Read more]
News
WEA: Investment-Grade Tilted CEF Portfolio, But Discount Remains Tight
Western Asset Premier Bond Fund (WEA) is a closed-end fund providing investors exposure to a portfolio that is tilted toward higher quality fixed-income investments. The fund pays a 7.61% distribution...
Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
WEA: Not Attractive For Gains, But A Reasonable 7.50% Income Play
The Western Asset Premier Bond Fund offers a 7.50% yield, but its after-tax real yield is less appealing, especially for high-tax-bracket investors. Despite a share price decline of 18.90% over five y...
Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024
NEW YORK--(BUSINESS WIRE)--Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2024.
Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
WEA: Tight Spreads Make This Fund Unappealing Currently (Rating Downgrade)
Western Asset Premier Bond Fund is a fixed income CEF with mostly investment grade holdings and a small allocation to high yield. WEA had a positive total return since its initial rating by me. We bel...
Western Asset Premier Bond Fund (NYSE: WEA) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
WEA: Higher Quality Fixed-Income Fund
Western Asset Premier Bond Fund has seen some strong performance since our prior update. The fund offers an attractive distribution yield with exposure to primarily investment-grade bonds but also som...
CEF Weekly Commentary | Swap Some MAIN Bonds?
Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation...
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)
The Western Asset Premier Bond Fund is a closed-end fund that invests in a mix of investment-grade and high-yield bonds. The fund has a 5.6-year duration and is well-positioned to benefit from a decli...
WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields
Western Asset Premier Bond Fund's discount has widened amid rising risk-free Treasury rates, presenting an attractive entry point for investors. The fund is split between investment-grade and below-in...
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...
Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2023
NEW YORK--(BUSINESS WIRE)--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of March 31, 2023. Current Q Previous Q Prior Yr Q March 31, 2023 December ...
WEA: 7% Yielding CEF, Overweight Investment Grade Bonds
Western Asset Premier Bond Fund is a fixed income CEF. The fund holds a mix of corporate bonds, being overweight investment grade paper.
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2023.
Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2022
NEW YORK--(BUSINESS WIRE)--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of September 30, 2022.
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2022, January and February...
WEA: An Opportunity Opening Up In Higher Quality Bonds
WEA invests most of its portfolio in investment-grade bonds, which hasn't been a safe place in 2022. The fund's discount has been widening out compared to its historical range.
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of October and November 2022
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...
Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2022
NEW YORK--(BUSINESS WIRE)--Category: Financials
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2021, January and February 2022
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2021, January and February 2...
Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2021
NEW YORK--(BUSINESS WIRE)--Category: Financials