Western Asset Premier Bond Fund Declares Monthly Dividend of $0.07 (NYSE:WEA)

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, April 23rd will be paid a dividend of 0.07 per share by the investment management company on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Thursday, April 23rd.

Western Asset Premier Bond Fund Stock Performance

Western Asset Premier Bond Fund stock traded down $0.02 during midday trading on Monday, reaching $11.01. The stock had a trading volume of 26,604 shares, compared to its average volume of 32,523. Western Asset Premier Bond Fund has a 52-week low of $10.16 and a 52-week high of $11.44. The company has a fifty day moving average of $11.12 and a 200 day moving average of $11.11.

Hedge Funds Weigh In On Western Asset Premier Bond Fund

A number of large investors have recently bought and sold shares of the business. Whipplewood Advisors LLC grew its position in Western Asset Premier Bond Fund by 219.7% in the 2nd quarter. Whipplewood Advisors LLC now owns 271,845 shares of the investment management company’s stock valued at $2,950,000 after acquiring an additional 186,821 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Western Asset Premier Bond Fund during the second quarter valued at $99,000. Invesco Ltd. grew its holdings in shares of Western Asset Premier Bond Fund by 6.0% in the second quarter. Invesco Ltd. now owns 95,727 shares of the investment management company’s stock worth $1,039,000 after purchasing an additional 5,416 shares during the last quarter. Guggenheim Capital LLC grew its holdings in shares of Western Asset Premier Bond Fund by 10.0% in the second quarter. Guggenheim Capital LLC now owns 233,034 shares of the investment management company’s stock worth $2,528,000 after purchasing an additional 21,132 shares during the last quarter. Finally, StoneX Group Inc. increased its stake in Western Asset Premier Bond Fund by 2.2% in the 2nd quarter. StoneX Group Inc. now owns 82,862 shares of the investment management company’s stock worth $903,000 after buying an additional 1,748 shares during the period.

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.