Western Asset Premier Bond Fund Announces Financial Position as of March 31, 2020

NEW YORK--()--Western Asset Premier Bond Fund (NYSE: WEA) today announced the financial position of the Fund as of March 31, 2020.

Current Q

Previous Q

Prior Yr Q

March 31, 2020

December 31, 2019

March 31, 2019

Total Assets (a)

$

211,292,408

 

$

241,234,449

 

$

227,109,198

 

Total Net Assets(a)

$

143,573,176

 

$

174,564,634

 

$

165,238,927

 

NAV Per Share of Common Stock (b)

$

12.10

 

$

14.66

 

$

13.88

 

Market Price Per Share

$

11.27

 

$

14.65

 

$

13.08

 

Premium / (Discount)

 

(6.86

)%

 

(0.07

)%

 

(5.76

)%

Outstanding Shares

 

11,863,337

 

 

11,906,938

 

 

11,904,750

 

 
Total Net Investment Income (c)

$

2,516,217

 

$

2,518,815

 

$

2,362,220

 

Total Net Realized/Unrealized Gain/(Loss) (c)

$

(30,721,901

)

$

2,648,880

 

$

10,418,569

 

Net Increase (Decrease) in Net Assets From Operations (c)

$

(28,205,684

)

$

5,167,695

 

$

12,780,789

 

 
Earnings per Common Share Outstanding
Total Net Investment Income (c)

$

0.21

 

$

0.21

 

$

0.20

 

Total Net Realized/Unrealized Gain/(Loss) (c)

$

(2.59

)

$

0.22

 

$

0.88

 

Net Increase (Decrease) in Net Assets From Operations (c)

$

(2.38

)

$

0.43

 

$

1.08

 

 
Undistributed/(Overdistributed) Net Investment Income (d)

$

422,139

 

$

260,689

 

$

(181,829

)

Undistributed/(Overdistributed) Net Investment Income
Per Share (d)

$

0.04

 

$

0.02

 

$

(0.02

)

 
Loan Outstanding (d)

$

56,000,000

 

$

57,000,000

 

$

57,000,000

 

Reverse Repurchase Agreements (d)

$

9,081,750

 

$

6,805,438

 

$

5,328,125

 

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 Legg Mason, Inc. (“Legg Mason”). 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.lmcef.com. 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. Legg Mason and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Contacts

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

Contacts

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