Western Asset Premier Bond Fund (NYSE:WEA) Plans Monthly Dividend of $0.07

Western Asset Premier Bond Fund (NYSE:WEA) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Friday, July 24th will be given a dividend of 0.07 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, July 24th.

Western Asset Premier Bond Fund Trading Down 0.3%

NYSE WEA opened at $10.45 on Friday. The firm’s 50 day moving average price is $10.64 and its 200-day moving average price is $10.92. Western Asset Premier Bond Fund has a 52-week low of $10.30 and a 52-week high of $11.44.

Hedge Funds Weigh In On Western Asset Premier Bond Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Coston McIsaac & Partners bought a new position in shares of Western Asset Premier Bond Fund during the fourth quarter valued at approximately $31,000. Fifth Third Bancorp bought a new position in shares of Western Asset Premier Bond Fund during the first quarter valued at approximately $53,000. Harbour Investments Inc. boosted its stake in shares of Western Asset Premier Bond Fund by 124.3% during the fourth quarter. Harbour Investments Inc. now owns 8,179 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 4,532 shares in the last quarter. Smith Asset Management Co. LLC boosted its stake in shares of Western Asset Premier Bond Fund by 8.9% during the third quarter. Smith Asset Management Co. LLC now owns 13,537 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 1,108 shares in the last quarter. Finally, Calamos Advisors LLC bought a new position in shares of Western Asset Premier Bond Fund during the first quarter valued at approximately $146,000.

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.