WEA Stock Overview
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company.
Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 0/6 |
Past Performance | 2/6 |
Financial Health | 5/6 |
Dividends | 4/6 |
Western Asset Premier Bond Fund Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$10.50 |
52 Week High | US$11.29 |
52 Week Low | US$9.60 |
Beta | 0.70 |
1 Month Change | -4.28% |
3 Month Change | -3.58% |
1 Year Change | 5.74% |
3 Year Change | -26.11% |
5 Year Change | -19.97% |
Change since IPO | -30.00% |
Recent News & Updates
WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)
Nov 25WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields
Oct 18WEA: 7% Yielding CEF, Overweight Investment Grade Bonds
Feb 15Western Asset Premier Bond Fund goes ex dividend tomorrow
Dec 20WEA: An Opportunity Opening Up In Higher Quality Bonds
Nov 10Western Asset Premier Bond Fund goes ex-dividend tomorrow
Oct 20Recent updates
WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)
Nov 25WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields
Oct 18WEA: 7% Yielding CEF, Overweight Investment Grade Bonds
Feb 15Western Asset Premier Bond Fund goes ex dividend tomorrow
Dec 20WEA: An Opportunity Opening Up In Higher Quality Bonds
Nov 10Western Asset Premier Bond Fund goes ex-dividend tomorrow
Oct 20Western Asset Premier Bond Fund goes ex-dividend tomorrow
Dec 21Shareholder Returns
WEA | US Capital Markets | US Market | |
---|---|---|---|
7D | -1.5% | 2.9% | 1.3% |
1Y | 5.7% | 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
WEA volatility | |
---|---|
WEA Average Weekly Movement | 1.8% |
Capital Markets Industry Average Movement | 3.3% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
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
Founded | Employees | CEO | Website |
---|---|---|---|
2002 | n/a | Ken Fuller | https://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
WEA fundamental statistics | |
---|---|
Market cap | US$124.68m |
Earnings (TTM) | US$12.41m |
Revenue (TTM) | US$13.56m |
10.0x
P/E Ratio9.2x
P/S RatioIs WEA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
WEA income statement (TTM) | |
---|---|
Revenue | US$13.56m |
Cost of Revenue | US$0 |
Gross Profit | US$13.56m |
Other Expenses | US$1.15m |
Earnings | US$12.41m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 1.05 |
Gross Margin | 100.00% |
Net Profit Margin | 91.52% |
Debt/Equity Ratio | 36.0% |
How did WEA perform over the long term?
See historical performance and comparisonDividends
8.0%
Current Dividend Yield77%
Payout RatioDoes WEA pay a reliable dividends?
See WEA dividend history and benchmarksWestern Asset Premier Bond Fund dividend dates | |
---|---|
Ex Dividend Date | Apr 22 2024 |
Dividend Pay Date | May 01 2024 |
Days until Ex dividend | 26 days |
Days until Dividend pay date | 35 days |
Does WEA pay a reliable dividends?
See WEA dividend history and benchmarks