NEW YORK--(BUSINESS WIRE)--May 19, 2025-- 

Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of March 31, 2025.

 
                                     Current Q         Previous Q        Prior Yr Q 
                                                      December 31, 
                                   March 31, 2025         2024         March 31, 2024 
Total Assets (a)                  $200,989,044      $202,183,885      $201,033,736 
Total Net Assets (a)              $132,553,199      $132,445,871      $134,342,988 
NAV Per Share of Common Stock 
 (b)                              $      11.17      $      11.16      $      11.32 
Market Price Per Share            $      11.21      $      10.77      $      10.64 
Premium / (Discount)                      0.36%            (3.49)%           (6.01)% 
Outstanding Shares                  11,865,600        11,865,600        11,865,600 
 
Total Net Investment Income (c)   $  2,185,727      $  2,292,317      $  2,228,423 
Total Net Realized/Unrealized 
 Gain/(Loss) (c)                  $    413,377      $ (4,670,871)     $ (1,480,862) 
                                   -----------       -----------       ----------- 
Net Increase (Decrease) in Net 
 Assets From Operations (c)       $  2,599,104      $ (2,378,554)     $    747,561 
                                   ===========       ===========       =========== 
 
Earnings per Common Share 
 Outstanding 
-------------------------------- 
Total Net Investment Income (c)   $       0.18      $       0.19      $       0.19 
Total Net Realized/Unrealized 
 Gain/(Loss) (c)                  $       0.03      $      (0.39)     $      (0.12) 
                                   -----------       -----------       ----------- 
Net Increase (Decrease) in Net 
 Assets From Operations (c)       $       0.21      $      (0.20)     $       0.07 
                                   ===========       ===========       =========== 
 
Undistributed/(Overdistributed) 
 Net Investment Income (d)        $   (429,223)     $   (123,174)     $    833,883 
Undistributed/(Overdistributed) 
 Net Investment Income 
   Per Share (d)                  $      (0.04)     $      (0.01)     $       0.07 
 
Loan Outstanding (d)              $ 59,000,000      $ 59,000,000      $ 47,500,000 
Reverse Repurchase Agreements 
 (d)                              $  7,203,229      $  7,180,175      $  9,531,602 
 
 
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.

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.franklintempleton.com/investments/options/closed-end-funds. 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20250519549115/en/

 
    CONTACT: 

Investor Contact: Fund Investor Services 1-888-777-0102

(END) Dow Jones Newswires

May 19, 2025 08:00 ET (12:00 GMT)