company background image
WEA logo

Western Asset Premier Bond Fund NYSE:WEA Stock Report

Last Price

US$10.50

Market Cap

US$124.7m

7D

-1.5%

1Y

5.7%

Updated

25 Mar, 2024

Data

Company Financials

Western Asset Premier Bond Fund

NYSE:WEA Stock Report

Market Cap: US$124.7m

WEA Stock Overview

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company.

WEA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Western Asset Premier Bond Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Premier Bond Fund
Historical stock prices
Current Share PriceUS$10.50
52 Week HighUS$11.29
52 Week LowUS$9.60
Beta0.70
1 Month Change-4.28%
3 Month Change-3.58%
1 Year Change5.74%
3 Year Change-26.11%
5 Year Change-19.97%
Change since IPO-30.00%

Recent News & Updates

Shareholder Returns

WEAUS Capital MarketsUS Market
7D-1.5%2.9%1.3%
1Y5.7%33.1%29.8%

Return vs Industry: WEA underperformed the US Capital Markets industry which returned 34.5% over the past year.

Return vs Market: WEA underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is WEA's price volatile compared to industry and market?
WEA volatility
WEA Average Weekly Movement1.8%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: WEA has not had significant price volatility in the past 3 months.

Volatility Over Time: WEA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aKen Fullerhttps://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=WEA

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd.

Western Asset Premier Bond Fund Fundamentals Summary

How do Western Asset Premier Bond Fund's earnings and revenue compare to its market cap?
WEA fundamental statistics
Market capUS$124.68m
Earnings (TTM)US$12.41m
Revenue (TTM)US$13.56m

10.0x

P/E Ratio

9.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEA income statement (TTM)
RevenueUS$13.56m
Cost of RevenueUS$0
Gross ProfitUS$13.56m
Other ExpensesUS$1.15m
EarningsUS$12.41m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin100.00%
Net Profit Margin91.52%
Debt/Equity Ratio36.0%

How did WEA perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

77%

Payout Ratio

Does WEA pay a reliable dividends?

See WEA dividend history and benchmarks
When do you need to buy WEA by to receive an upcoming dividend?
Western Asset Premier Bond Fund dividend dates
Ex Dividend DateApr 22 2024
Dividend Pay DateMay 01 2024
Days until Ex dividend26 days
Days until Dividend pay date35 days

Does WEA pay a reliable dividends?

See WEA dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.