Western Asset Premier Bond Fund Reports $2.6M Net Increase in Q1 2025 Operations; EPS at $0.18

Reuters
19 May
<a href="https://laohu8.com/S/WEA">Western Asset Premier Bond Fund</a> Reports $2.6M Net Increase in Q1 2025 Operations; EPS at $0.18

Western Asset Premier Bond Fund has reported its financial position for the quarter ending March 31, 2025. The Fund's total assets stood at $200.99 million, a slight decrease from $202.18 million in the previous quarter and $201.03 million in the same quarter last year. Total net assets were $132.55 million, slightly up from $132.44 million in the previous quarter but down from $134.34 million a year ago. The Net Asset Value $(NAV)$ per share of common stock was $11.17, a marginal increase from $11.16 in the last quarter, but a decrease from $11.32 in the comparable quarter of the previous year. The market price per share rose to $11.21, up from $10.77 in the previous quarter and $10.64 in the prior year's quarter. The Fund moved from a discount to a premium, with a premium of 0.36% compared to discounts of 3.49% and 6.01% in the last quarter and the previous year, respectively. The total net realized/unrealized gain stood at $0.03 for the current quarter, contrasting with a loss of $0.39 in the last quarter and a loss of $0.12 in the same quarter last year. Net increase in net assets from operations was $0.21, improving from a decrease of $0.20 in the previous quarter and an increase of $0.07 in the prior year. Undistributed net investment income was reported at a negative $429,223, compared to negative $123,174 last quarter and a positive $833,883 in the prior year. Additionally, the loan outstanding remained stable at $59 million, consistent with the previous quarter, but up from $47.5 million in the prior year.

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