[SCHEDULE 13G/A] Western Asset Premier Bond Fund SEC Filing

Rhea-AI Filing Summary

Allspring Global Investments Holdings, LLC filed Amendment No. 1 to Schedule 13G for Western Asset Premier Bond Fund (WEA). As of 30 June 2025, the firm beneficially owns 524,049 shares (Mutual Fund Shares Beneficial Interest), representing 4.4 % of the outstanding class. It reports sole voting power over 287,071 shares and sole dispositive power over the full 524,049 shares; no shared voting or dispositive power is indicated. The filing states that the securities are held in the ordinary course for advisory clients of Allspring’s subsidiaries (Exhibit A) and that the filer does not seek to change or influence control of the issuer. Because ownership is now below the 5 % threshold, the document is classified as “Ownership of 5 Percent or Less of a Class.” No financial results, strategic actions, or control transactions are disclosed.

Positive

• Institutional support: Allspring still holds 524,049 WEA shares, indicating continued professional investor interest.

Negative

• Below 5 % threshold: Ownership now sits at 4.4 %, implying diminished influence compared with larger stake levels.

Insights

Portfolio Manager

TL;DR: 4.4 % stake signals continued but modest institutional presence; neutral impact on WEA’s valuation.

The amendment shows Allspring’s beneficial ownership has settled at 4.4 %, under the 5 % reporting threshold. While 524 k shares remain a meaningful block, the absence of shared voting/dispositive power and the ordinary-course certification suggest a passive position. Investors should view the filing as routine transparency rather than a catalyst: there is no indication of activism or strategic intent, and the share percentage does not confer material control. Liquidity in the closed-end fund should absorb this holding without market stress. Overall impact on WEA is neutral.

Corporate Governance Analyst

TL;DR: Filing reflects compliance with Section 13 rules; no governance pressure implied.

Allspring’s Schedule 13G/A reaffirms a passive stance—explicitly disclaiming any effort to influence control. The crossing below the 5 % threshold triggers the amendment, demonstrating regulatory adherence. With sole voting power on just over half its position, Allspring’s ability to sway proxy outcomes is limited. From a governance perspective, there is no new concentration risk or alignment issue for other shareholders. The disclosure neither strengthens nor weakens the fund’s governance profile.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Western Asset Premier Bond Fun

(Name of Issuer)

Mutual Fund SHS BEN INT

(Title of Class of Securities)

957664105

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 957664105

1

Names of Reporting Persons

Allspring Global Investments Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 287,071.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 524,049.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

524,049.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Western Asset Premier Bond Fun
(b)	Address of issuer's principal executive offices: 620 EIGHTH AVENUE, 47TH FLOOR, NEW YORK, NY, 10018
Item 2.
(a)	Name of person filing: Allspring Global Investments Holdings, LLC
(b)	Address or principal business office or, if none, residence: 1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: Mutual Fund SHS BEN INT
(e)	CUSIP No.: 957664105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 524,049
(b)	Percent of class: 4.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 287,071
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 524,049
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed are owned of record by clients of one or more Investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: None
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Allspring Global Investments Holdings, LLC

Signature:	Jennifer Grunberg
Name/Title:	Senior Compliance Manager
Date:	07/09/2025

Exhibit Information

Exhibit A Subsidiary Allspring Global Investments, LLC - IA Allspring Funds Management, LLC - IA *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this schedule 13G.

FAQ

How many Western Asset Premier Bond Fund (WEA) shares does Allspring own?

Allspring reports beneficial ownership of 524,049 WEA shares.

What percentage of WEA’s outstanding shares does this represent?

The position equals 4.4 % of the class.

Does Allspring have voting control over all of its WEA shares?

It has sole voting power on 287,071 shares; the remainder are non-voting.

Why did Allspring file a Schedule 13G/A on 30 June 2025?

Its ownership fell to under 5 %, requiring an amended passive ownership disclosure under SEC rules.

Is Allspring seeking to influence control of Western Asset Premier Bond Fund?

No. The certification states the shares are held in the ordinary course of business without intent to influence control.