Western Asset Premier Bond Fund

Western Asset Premier Bond Fund is a closed-end investment fund, which engages in the provision of diversified portfolio of investment-grade bonds. It seeks current income and capital appreciation. The firm's asset allocation include corporate bonds, emerging market debt, bank loans, government, mortgage backed-securities, asset-backed securities, and cash and other securities. The company was founded on December 17, 2001 and is headquartered in New York, NY.

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:

Western Asset Premier Bond Fund (NYSE: WEA) Announces Portfolio Management Team Update

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 some high-yield exposure. WEA's performance could be solid going forward, but the rather narrow discount makes it less appealing at this time.

WEA: Higher Quality Fixed-Income Fund

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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 figures. PIMCO Corp & Inc Strat (PCN), a fund I've been high on for some time, has gone parabolic. There was a recommendation from a Seeking Alpha author that likely drove.

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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 volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.

Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider

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 decline in interest rates. WEA has a 7.9% yield and is currently trading at a 3% discount to NAV.

WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)

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-investment-grade bonds, making it quite sensitive to interest rate changes. The fund's higher quality tilt could make this a more conservative fund relative to its pure-junk counterparts when the economy slows.

WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields

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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 31, 2022 March 31, 2022 Total Assets (a) $ 183,620,247   $ 203,106,427   $ 225,281,576   Total Net Assets(a) $ 133,265,033   $ 133,219,592   $ 153,476,276   NAV Per Share of Common Stock (b) $ 11.23   $ 11.23   $ 12.93   Market Price Per Share $ 10.20   $ 10.64   $ 12.00   Premium / (Discount)   (9.

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2023

Western Asset Premier Bond Fund is a fixed income CEF. The fund holds a mix of corporate bonds, being overweight investment grade paper.

WEA: 7% Yielding CEF, Overweight Investment Grade Bonds

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.

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023

NEW YORK--( BUSINESS WIRE )--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of September 30, 2022.

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 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 2022, January and February 2023.

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023

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.

WEA: An Opportunity Opening Up In Higher Quality Bonds

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of October and November 2022

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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 deflationary bust one. That means adding duration and quality.

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NEW YORK--(BUSINESS WIRE)--Category: Financials

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 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 2022. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date December 12/23/2021 12/22/2021 12/31/2021 January 1/24/2022 1/21/2022 2/1/2022 February   2/18/2022   2/17/2022   3/1/2022 Ticker Fund Name Month Amount   TYPE Change from Previous Dis

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2021, January and February 2022

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2021

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of October and November 2021

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 June, July, August, and September 2021. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date June 6/23/2021 6/22/2021 7/1/2021 July 7/23/2021 7/22/2021 8/2/2021 August 8/24/2021 8/23/2021 9/1/2021 September 9/23/2021 9/22/2021 10/1/2021 Ticker Fund Name Month Amount   TYPE Chang

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August, and September 2021

NEW YORK--(BUSINESS WIRE)--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of March 31, 2021.   Current Q Previous Q Prior Yr Q March 31, 2021 December 31, 2020 March 31, 2020 Total Assets (a) $ 242,599,013   $ 246,302,315   $ 211,292,408   Total Net Assets(a) $ 171,033,814   $ 176,186,316   $ 143,573,176   NAV Per Share of Common Stock (b) $ 14.42   $ 14.85   $ 12.10   Market Price Per Share $ 14.05   $ 14.17   $ 11.27   Premium / (Discount)

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2021

NEW YORK--(BUSINESS WIRE)--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of September 30, 2020.                             Current Q Previous Q Prior Yr Q September 30, 2020 June 30, 2020 September 30, 2019 Total Assets (a)  $             238,924,888  $            236,426,317  $             236,715,443 Total Net Assets(a)  $             167,554,836  $            162,736,402  $             171,722,454 NAV Per Share of Common Stock (b)   $     

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2020

News for Western Asset Premier Bond Fund ETF (WEA)