We are live on ! Find out more

Western Asset Premier Bond Fund

WEA

Market cap $114M

9.64 USD

0.00

0%

At close Updated Nov 13, 4:00 PM EST

1 day

0%

5 days

-0.92%

1 month

-0.82%

3 months

-8.45%

6 months

-8.54%

Year to date

-13.46%

1 year

-13%

5 years

-31.73%

10 years

-23.06%

About: Western Asset Premier Bond Fund is a diversified closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The fund invests in bonds of companies operating in different sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 40%

Neutral 60%

Negative 0%

Weekly Closed-End Fund Roundup (November 1, 2026)

CEFs gained on price this week: 21 of 26 sectors rose (average +1.13%), led by MLPs (+5.68%), while Commodities fell the most (-5.45%). NAVs lagged prices: 20 of 26 sectors rose on NAV (average +0.23%), and the average premium/discount change was +0.82%, led by California Munis (+2.21%). SABA paid a $0.155 special dividend from income carried over from its previous fiscal year; its regular $0.058 monthly distribution is unchanged.

Weekly Closed-End Fund Roundup (November 1, 2026)

Weekly Closed-End Fund Roundup (October 25, 2026)

CEFs fell this week: 4 of 26 sectors rose on price (average -0.90%) and 8 of 26 on NAV (average -0.20%); munis held up while commodities lagged. HERZ's tender for 5% of its shares at 97.5% of NAV drew 71% participation, so only about 7% of tendered shares were accepted, worth about +1.4% on a full position. At the fund level, HQH (+6.80%) led on price and OCCI (-17.42%) fell the most, while THW (+5.18%) led on NAV and ASA (-5.78%) declined the most.

Weekly Closed-End Fund Roundup (October 25, 2026)

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.

WEA: Attractive Monthly Pay With Discount Blowing Out

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.

Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Month of September 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.

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

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.

WEA: Investment-Grade Bond Funds Could Disappoint Going Forward

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.

The Triple-Factor Closed-End Fund Report, June 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.

Discounted bond funds, especially at scandal-hit Wamco, may offer an investment opportunity

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2026

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

Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2026

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

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

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

See News Rankings

Price charts implemented using Lightweight Charts™