Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2021
May 24 2021 - 7:00AM
Business Wire
Western Asset Premier Bond Fund (NYSE: WEA) today announced the
financial position of the Fund as of March 31, 2021.
Current Q Previous Q Prior Yr Q
March 31, 2021 December 31, 2020 March 31,
2020 Total Assets (a)
$
242,599,013
$
246,302,315
$
211,292,408
Total Net Assets(a)
$
171,033,814
$
176,186,316
$
143,573,176
NAV Per Share of Common Stock (b)
$
14.42
$
14.85
$
12.10
Market Price Per Share
$
14.05
$
14.17
$
11.27
Premium / (Discount)
(2.57
)%
(4.58
)%
(6.86
)%
Outstanding Shares
11,863,337
11,863,337
11,863,337
Total Net Investment Income (c)
$
2,480,481
$
2,621,916
$
2,516,217
Total Net Realized/Unrealized Gain/(Loss) (c)
$
(5,284,042
)
$
8,358,505
$
(30,721,901
)
Net Increase (Decrease) in Net Assets From Operations (c)
$
(2,803,561
)
$
10,980,421
$
(28,205,684
)
Earnings per Common Share
Outstanding Total Net Investment Income (c)
$
0.21
$
0.22
$
0.21
Total Net Realized/Unrealized Gain/(Loss) (c)
$
(0.45
)
$
0.70
$
(2.59
)
Net Increase (Decrease) in Net Assets From Operations (c)
$
(0.24
)
$
0.92
$
(2.38
)
Undistributed/(Overdistributed) Net Investment Income (d)
$
584,745
$
453,205
$
422,139
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$
0.05
$
0.04
$
0.04
Loan Outstanding (d)
$
57,500,000
$
57,500,000
$
56,000,000
Reverse Repurchase Agreements (d)
$
10,464,750
$
10,519,313
$
9,081,750
Footnotes: (a) The difference between total assets and total net
assets is due primarily to the Fund’s use of borrowings, which are
included in total assets; total net assets do not include
borrowings. (b) NAVs are calculated as of the close of business on
the last business day in the periods indicated above. (c) For the
quarter indicated. (d) As of the period indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission (“SEC”), as
well as its complete schedule of portfolio holdings for the first
and third quarters of each fiscal year as an exhibit to its reports
on Form N-PORT. These reports are available on the SEC’s website at
www.sec.gov. To obtain information on Forms N-PORT or a semi-annual
or annual report from the Fund, shareholders can call
1-888-777-0102.
Legg Mason Partners Fund Advisor, LLC, is an indirect,
wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin
Resources”).
Western Asset Premier Bond Fund is a closed-end investment
company that invests predominantly in a diversified portfolio of
debt securities. Its investment adviser is Western Asset Management
Company, LLC (“Western Asset”), a subsidiary of Franklin Resources.
Western Asset Management Company, LLC has managed the Fund since
its inception in 2002.
For more information about the Fund, please call 1-888-777-0102
or consult the Fund’s web site at www.lmcef.com. Hard copies of the
Fund’s complete audited financial statements are available free of
charge upon request.
Data and commentary provided in this press release are for
informational purposes only. Franklin Resources and its affiliates
do not engage in selling shares of the Fund.
Category: Financials Source: Franklin Resources, Inc. Source:
Legg Mason Closed End Funds
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version on businesswire.com: https://www.businesswire.com/news/home/20210524005424/en/
Investor Contact: Fund Investor Services
1-888-777-0102
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