Company overview
Understand the business
Western Asset Premier Bond Fund (WEA) is a U.S.-domiciled closed-end investment fund. WEA invests primarily in a diversified portfolio of investment-grade bonds. It seeks bond income and appreciation while remaining exposed to interest-rate changes, credit downgrades and financing costs.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.