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Western Asset Bond Fund Share of Beneficial Interest (WEA)

$10.97

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Key data on WEA

AUM

$130165632

P/E ratio

31.7

Dividend yield

7.2917%

Expense ratio

1.22%

Beta

0.530488

Price on WEA

Previous close

$10.99

Today's open

$10.99

Day's range

$10.96 - $11.04

52 week range

$10.16 - $11.44

Profile about WEA

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

WEA industries and sectors

Bonds

Domestic

News on WEA

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2025

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

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Business Wire • Nov 24, 2025

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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.

news source

Seeking Alpha • Oct 5, 2025

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

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

news source

Business Wire • Aug 19, 2025

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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.

news source

Seeking Alpha • Jul 15, 2025

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Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2025

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

news source

Business Wire • May 19, 2025

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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.

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Seeking Alpha • Feb 19, 2025

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Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2024, January and February 2025

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

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Business Wire • Nov 25, 2024

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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.

news source

Seeking Alpha • Nov 19, 2024

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Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2024

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

news source

Business Wire • Nov 14, 2024

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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.

news source

Seeking Alpha • Sep 18, 2024

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