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ALL
AUM
$114859008
P/E ratio
12.7
Dividend yield
7.8873%
Expense ratio
1.22%
Beta
0.500322
Previous close
$9.65
Today's open
$9.66
Day's range
$9.65 - $9.70
52 week range
$9.58 - $11.42
Bonds
Domestic
WEA: Attractive Monthly Pay With Discount Blowing Out
Western Asset Premier Bond Fund now offers an even more compelling entry point for income-focused investors as its discount widens materially. WEA's interest rate sensitivity and leverage amplify downside risk, but its diversified portfolio and near-historic discount levels suggest potential for longer-term recovery. Distribution coverage remains relatively decent, though with higher short-term rates, that is likely to eat into its coverage a bit moving forward.
Seeking Alpha • Oct 18, 2026

Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Month of September 2026
NEW YORK--(BUSINESS WIRE)--Franklin Templeton announced today that certain closed-end funds have declared their distributions for the next three months.
Business Wire • Sep 11, 2026

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out
The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.
Seeking Alpha • Sep 3, 2026

WEA: Investment-Grade Bond Funds Could Disappoint Going Forward
Western Asset Premier Bond Fund offers an 8.09% yield, primarily investing in investment-grade bonds with about 30% in junk bonds. WEA's distribution is fully covered by net investment income and realized gains, supporting its sustainability despite recent negative total returns. The fund trades at a 6.05% discount to NAV, wider than its five-year average, making the current valuation attractive relative to history.
Seeking Alpha • Jul 31, 2026

The Triple-Factor Closed-End Fund Report, June 2026
The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities.
Seeking Alpha • Jul 13, 2026

Discounted bond funds, especially at scandal-hit Wamco, may offer an investment opportunity
Professional investment advisers wear handcuffs when they manage clients' money — but you don't.
Market Watch • Jun 26, 2026

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2026
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Business Wire • May 21, 2026

Western Asset Premier Bond Fund (NYSE: WEA) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Business Wire • Apr 17, 2026

WEA: Discount Widens To An Attractive Level
Western Asset Premier Bond Fund now trades at a -6.45% discount, offering a more attractive entry point. WEA's 7.83% yield is supported by a diversified, investment-grade-tilted portfolio, with 65% in BBB and above. Distribution coverage is a bit lacking, but nothing out of the ordinary relative to other fixed-income funds; plus, NII moving higher is expected as Fed rate cuts reduce leverage costs.
Seeking Alpha • Mar 10, 2026

Western Asset Premier Bond Fund Announces Financial Position as of September 30, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Business Wire • Nov 24, 2025

¹ Disclosures

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