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ALL
AUM
$130165632
P/E ratio
31.7
Dividend yield
7.2917%
Expense ratio
1.22%
Beta
0.530488
Previous close
$10.99
Today's open
$10.99
Day's range
$10.96 - $11.04
52 week range
$10.16 - $11.44
Bonds
Domestic
Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Business Wire • Nov 24, 2025

WEA: Diversified Fixed-Income Exposure For Monthly Income
The Western Asset Premier Bond Fund offers diversified exposure to both investment-grade and high-yield bonds, with a current 7.46% yield. WEA's narrow discount and stable monthly distribution make it a reasonable hold, but not something I'd buy aggressively at current valuations. The fund's investment-grade tilt brings lower credit risk but higher interest rate sensitivity and is leveraged, amplifying the performance during rate-changing environments.
Seeking Alpha • Oct 5, 2025

Western Asset Premier Bond Fund (NYSE: WEA) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Business Wire • Aug 19, 2025

WEA: More Downside Than Upside For This CEF
WEA's risk/reward profile is unattractive, with BBB spreads at historic lows and limited upside, prompting our Sell rating. Leverage amplifies both gains and losses; current tight spreads mean downside risk outweighs potential capital gains. Distribution is mostly covered, but the best-case scenario is only collecting the 7.8% yield until the Fed cuts rates aggressively.
Seeking Alpha • Jul 15, 2025

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Business Wire • May 19, 2025

High Yield Is Not As High As You Think. WEA Vs. FALN, CEF Vs. ETF
Recent trends show narrowing spreads between Treasuries and investment-grade bonds, pushing us to explore slightly below investment-grade bond portfolios for better yields. We analyze iShares Fallen Angels USD Bond ETF and Western Asset Premier Bond Fund for their yield potential and risk profiles. FALN offers a 6.88% yield to maturity with a "BB-" credit score equivalent, while WEA provides a 7.27% potential yield with a "BB+" credit score equivalent.
Seeking Alpha • Feb 19, 2025

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2024, January and February 2025
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.
Business Wire • Nov 25, 2024

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 yield, with coverage potentially set to improve as the Fed cuts rates and its borrowing costs can come down. We take an updated look today at WEA and compare it with VBF, a non-leveraged CEF that also tilts with a heavier weighting toward investment-grade debt investments.
Seeking Alpha • Nov 19, 2024

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Business Wire • Nov 14, 2024

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 years, the WEA fund's high yield has resulted in better total returns compared to the index. Current market conditions and Federal Reserve rate expectations limit the fund's potential for capital gains, making it purely an income play right now.
Seeking Alpha • Sep 18, 2024

¹ Disclosures

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