Western Asset Premier Bond Fund (WEA) To Go Ex-Dividend on February 20th

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Thursday, November 20th. Investors of record on Friday, February 20th will be given a dividend of 0.07 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Friday, February 20th.

Western Asset Premier Bond Fund Trading Up 0.8%

Shares of NYSE:WEA opened at $11.17 on Wednesday. Western Asset Premier Bond Fund has a fifty-two week low of $10.16 and a fifty-two week high of $11.44. The company’s 50-day moving average price is $11.12 and its 200 day moving average price is $11.10.

Hedge Funds Weigh In On Western Asset Premier Bond Fund

Hedge funds have recently added to or reduced their stakes in the company. Whipplewood Advisors LLC increased its position in shares of Western Asset Premier Bond Fund by 219.7% during the 2nd quarter. Whipplewood Advisors LLC now owns 271,845 shares of the investment management company’s stock worth $2,950,000 after purchasing an additional 186,821 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Western Asset Premier Bond Fund by 24.6% during the fourth quarter. Guggenheim Capital LLC now owns 268,770 shares of the investment management company’s stock worth $2,965,000 after acquiring an additional 53,119 shares during the period. Raymond James Financial Inc. boosted its stake in Western Asset Premier Bond Fund by 24.8% in the 3rd quarter. Raymond James Financial Inc. now owns 237,848 shares of the investment management company’s stock valued at $2,671,000 after purchasing an additional 47,213 shares during the period. LPL Financial LLC boosted its position in shares of Western Asset Premier Bond Fund by 15.0% in the fourth quarter. LPL Financial LLC now owns 324,644 shares of the investment management company’s stock valued at $3,581,000 after acquiring an additional 42,252 shares during the period. Finally, Fiera Capital Corp grew its position in shares of Western Asset Premier Bond Fund by 20.4% during the 4th quarter. Fiera Capital Corp now owns 192,435 shares of the investment management company’s stock worth $2,123,000 after purchasing an additional 32,569 shares in 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.