Western Asset Premier Bond Fund (NYSE:WEA – Get Free Report) declared a monthly dividend on Friday, September 11th. Investors of record on Friday, October 23rd will be given a dividend of 0.07 per share by the investment management company on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Friday, October 23rd.
Western Asset Premier Bond Fund Price Performance
Western Asset Premier Bond Fund stock opened at $10.32 on Friday. The company’s 50 day moving average price is $10.48 and its two-hundred day moving average price is $10.59. Western Asset Premier Bond Fund has a 52 week low of $10.30 and a 52 week high of $11.44.
Institutional Trading of Western Asset Premier Bond Fund
Several hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its position in shares of Western Asset Premier Bond Fund by 6.0% during the 2nd quarter. Invesco Ltd. now owns 95,727 shares of the investment management company’s stock valued at $1,039,000 after buying an additional 5,416 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Western Asset Premier Bond Fund by 10.7% in the 2nd quarter. Raymond James Financial Inc. now owns 190,635 shares of the investment management company’s stock valued at $2,068,000 after purchasing an additional 18,438 shares during the period. Bank of America Corp DE grew its position in Western Asset Premier Bond Fund by 6.8% during the second quarter. Bank of America Corp DE now owns 116,077 shares of the investment management company’s stock worth $1,259,000 after buying an additional 7,416 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Western Asset Premier Bond Fund by 12.4% during the second quarter. Advisory Services Network LLC now owns 73,043 shares of the investment management company’s stock worth $791,000 after purchasing an additional 8,067 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Western Asset Premier Bond Fund by 3.8% in the 3rd quarter. Private Advisor Group LLC now owns 223,939 shares of the investment management company’s stock worth $2,515,000 after buying an additional 8,198 shares during the last quarter.
About Western Asset Premier Bond Fund
Western Asset Premier Bond Fund Inc (NYSE: WEA) is a publicly traded closed-end management investment company that primarily seeks to provide a high level of current income. The fund achieves this objective through a diversified portfolio of fixed-income instruments, including government and corporate debt, mortgage- and asset-backed securities, and other income-producing debt obligations. By investing across various sectors and credit qualities, the fund aims to balance income generation with risk management.
The fund’s investment strategy emphasizes active security selection and broad diversification.
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