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WEA

Western Asset Premier Bond Fund NYSE:WEA Stock Report

Last Price

US$10.63

Market Cap

US$123.5m

7D

2.6%

1Y

-4.1%

Updated

07 Jun, 2023

Data

Company Financials

Western Asset Premier Bond Fund

NYSE:WEA Stock Report

Mkt Cap: US$123.5m

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
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

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$10.63
52 Week HighUS$11.80
52 Week LowUS$9.54
Beta0.62
1 Month Change4.22%
3 Month Change4.42%
1 Year Change-4.15%
3 Year Change-21.90%
5 Year Change-15.90%
Change since IPO-29.13%

Recent News & Updates

WEA: 7% Yielding CEF, Overweight Investment Grade Bonds

Feb 15

Western Asset Premier Bond Fund goes ex dividend tomorrow

Dec 20

WEA: An Opportunity Opening Up In Higher Quality Bonds

Nov 10

Western Asset Premier Bond Fund goes ex-dividend tomorrow

Oct 20

Recent updates

WEA: 7% Yielding CEF, Overweight Investment Grade Bonds

Feb 15

Western Asset Premier Bond Fund goes ex dividend tomorrow

Dec 20

WEA: An Opportunity Opening Up In Higher Quality Bonds

Nov 10

Western Asset Premier Bond Fund goes ex-dividend tomorrow

Oct 20

Western Asset Premier Bond Fund goes ex-dividend tomorrow

Dec 21

Shareholder Returns

WEAUS Capital MarketsUS Market
7D2.6%3.9%2.6%
1Y-4.1%-1.0%2.1%

Return vs Industry: WEA matched the US Capital Markets industry which returned -3.4% over the past year.

Return vs Market: WEA underperformed the US Market which returned 1.3% over the past year.

Price Volatility

Is WEA's price volatile compared to industry and market?
WEA volatility
WEA Average Weekly Movement2.2%
Capital Markets Industry Average Movement0.9%
Market Average Movement6.7%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: WEA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

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$123.50m
Earnings (TTM)-US$27.27m
Revenue (TTM)US$12.94m

9.7x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WEA income statement (TTM)
RevenueUS$12.94m
Cost of RevenueUS$0
Gross ProfitUS$12.94m
Other ExpensesUS$40.20m
Earnings-US$27.27m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.30
Gross Margin100.00%
Net Profit Margin-210.73%
Debt/Equity Ratio51.9%

How did WEA perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

-34%

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 DateJun 22 2023
Dividend Pay DateJul 03 2023
Days until Ex dividend13 days
Days until Dividend pay date24 days

Does WEA pay a reliable dividends?

See WEA dividend history and benchmarks