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Western Asset Premier Bond Fund (NYSE: WEA) announced its financial position as of March 31, 2024. The Fund’s total assets were $201,033,736, up from $185,767,492 in the previous quarter, and $183,620,247 a year earlier. Total net assets decreased slightly to $134,342,988 from $136,087,203 in the previous quarter but increased from $133,265,033 a year earlier. The fund's NAV per share was $11.32, down from $11.47 in the previous quarter. Market price per share also decreased to $10.64. The Fund reported a net investment income of $2,228,423, consistent with last quarter but lower than $2,392,602 in the same quarter last year. The net realized/unrealized gain (loss) was $(1,480,862), down from $7,522,652 in the previous quarter. Earnings per share stood at $0.07, compared to $0.82 in the prior quarter and $0.20 a year ago. The Fund has $47,500,000 in outstanding loans and $9,531,602 in reverse repurchase agreements.
Franklin Templeton Fund Adviser, has announced the distribution schedules for its closed-end funds for June, July, and August 2024. The Western Asset Investment Grade Income Fund (PAI) will distribute $0.05150 per share for each month, with an increase of $0.00250 from the previous distribution in June. The Western Asset Premier Bond Fund (WEA) will distribute $0.07000 per share monthly, with no changes from previous distributions. The record and ex-dividend dates are June 21, July 24, and August 23, 2024, with payable dates on July 1, August 1, and September 3, 2024, respectively. This announcement is informational and not for tax reporting purposes. Detailed tax information will be provided in early 2025 via Form 1099-DIV.
