Western Asset Premier Bond Fund Premier Bond Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.5%
1 yr return
2.3%
3 Yr Avg Return
-7.8%
5 Yr Avg Return
-3.7%
Net Assets
$145 M
Holdings in Top 10
58.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XWEAX - Profile
Distributions
- YTD Total Return -1.5%
- 3 Yr Annualized Total Return -7.8%
- 5 Yr Annualized Total Return -3.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.93%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Premier Bond Fund Premier Bond Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateApr 01, 2002
-
Shares Outstanding11865600
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Buchanan
Fund Description
XWEAX - Performance
Return Ranking - Trailing
Period | XWEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -2.9% | 4.1% | 97.75% |
1 Yr | 2.3% | -4.4% | 10.8% | 96.63% |
3 Yr | -7.8%* | -9.8% | 40.6% | 99.43% |
5 Yr | -3.7%* | -3.7% | 26.5% | 100.00% |
10 Yr | 0.6%* | -0.2% | 14.2% | 98.02% |
* Annualized
Return Ranking - Calendar
Period | XWEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -5.6% | 6.3% | 99.44% |
2022 | -21.6% | -28.7% | 142.1% | 94.92% |
2021 | -3.6% | -12.3% | 4.9% | 20.69% |
2020 | 1.3% | -8.0% | 10.6% | 98.82% |
2019 | 12.8% | 4.3% | 13.4% | 1.25% |
Total Return Ranking - Trailing
Period | XWEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -2.9% | 4.1% | 97.75% |
1 Yr | 2.3% | -4.4% | 10.8% | 96.63% |
3 Yr | -7.8%* | -9.8% | 40.6% | 99.43% |
5 Yr | -3.7%* | -3.7% | 26.5% | 100.00% |
10 Yr | 0.6%* | -0.2% | 14.2% | 98.02% |
* Annualized
Total Return Ranking - Calendar
Period | XWEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -5.6% | 12.9% | 99.44% |
2022 | -21.6% | -25.6% | 151.8% | 97.74% |
2021 | -3.6% | -5.1% | 7.5% | 98.85% |
2020 | 1.3% | -8.0% | 116.0% | 99.41% |
2019 | 16.0% | 6.7% | 17.4% | 3.75% |
NAV & Total Return History
XWEAX - Holdings
Concentration Analysis
XWEAX | Category Low | Category High | XWEAX % Rank | |
---|---|---|---|---|
Net Assets | 145 M | 5.45 M | 47.3 B | 77.53% |
Number of Holdings | 330 | 4 | 9989 | 73.60% |
Net Assets in Top 10 | -29.6 M | -29.6 M | 2.71 B | 100.00% |
Weighting of Top 10 | 58.40% | 1.6% | 144.7% | 1.69% |
Top 10 Holdings
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
- National Australia Bank Evergreen Repo Loan 39.34%
Asset Allocation
Weighting | Return Low | Return High | XWEAX % Rank | |
---|---|---|---|---|
Bonds | 136.47% | 0.00% | 136.47% | 0.56% |
Convertible Bonds | 5.10% | 0.00% | 78.47% | 41.57% |
Preferred Stocks | 2.23% | 0.00% | 9.18% | 7.30% |
Stocks | 0.00% | 0.00% | 99.96% | 89.33% |
Other | 0.00% | -1.30% | 13.53% | 91.01% |
Cash | -43.80% | -43.80% | 47.46% | 100.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XWEAX % Rank | |
---|---|---|---|---|
Corporate | 80.55% | 41.80% | 100.00% | 69.10% |
Government | 12.64% | 0.00% | 25.63% | 21.35% |
Cash & Equivalents | 2.89% | 0.00% | 47.46% | 38.76% |
Securitized | 2.68% | 0.00% | 23.18% | 28.09% |
Derivative | 1.24% | -1.30% | 1.89% | 4.49% |
Municipal | 0.00% | 0.00% | 3.62% | 93.82% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XWEAX % Rank | |
---|---|---|---|---|
US | 89.42% | 0.00% | 109.04% | 86.52% |
Non US | 47.05% | 0.00% | 47.05% | 0.56% |
XWEAX - Expenses
Operational Fees
XWEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.22% | 0.02% | 46.23% | 20.45% |
Management Fee | 0.55% | 0.00% | 1.35% | 93.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.13% | 0.02% | 0.45% | 78.38% |
Sales Fees
XWEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
XWEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XWEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 0.00% | 259.00% | 23.43% |
XWEAX - Distributions
Dividend Yield Analysis
XWEAX | Category Low | Category High | XWEAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.89% | 100.00% |
Dividend Distribution Analysis
XWEAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
XWEAX | Category Low | Category High | XWEAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.93% | 0.38% | 5.93% | 0.57% |
Capital Gain Distribution Analysis
XWEAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 01, 2019 | $0.066 | OrdinaryDividend |
Jun 03, 2019 | $0.065 | OrdinaryDividend |
May 01, 2019 | $0.065 | OrdinaryDividend |
Apr 01, 2019 | $0.065 | OrdinaryDividend |
Mar 01, 2019 | $0.065 | OrdinaryDividend |
Feb 01, 2019 | $0.065 | OrdinaryDividend |
Dec 31, 2018 | $0.065 | OrdinaryDividend |
Dec 03, 2018 | $0.065 | OrdinaryDividend |
Nov 01, 2018 | $0.065 | OrdinaryDividend |
Oct 01, 2018 | $0.065 | OrdinaryDividend |
Sep 04, 2018 | $0.065 | OrdinaryDividend |
Aug 01, 2018 | $0.065 | OrdinaryDividend |
Jul 02, 2018 | $0.065 | OrdinaryDividend |
Jun 01, 2018 | $0.065 | OrdinaryDividend |
May 01, 2018 | $0.065 | OrdinaryDividend |
Apr 02, 2018 | $0.065 | OrdinaryDividend |
Mar 01, 2018 | $0.068 | OrdinaryDividend |
Feb 01, 2018 | $0.068 | OrdinaryDividend |
Dec 29, 2017 | $0.068 | OrdinaryDividend |
Dec 01, 2017 | $0.068 | OrdinaryDividend |
Nov 01, 2017 | $0.068 | OrdinaryDividend |
Oct 02, 2017 | $0.073 | OrdinaryDividend |
Sep 01, 2017 | $0.073 | OrdinaryDividend |
Aug 01, 2017 | $0.073 | OrdinaryDividend |
Jul 03, 2017 | $0.073 | OrdinaryDividend |
Jun 01, 2017 | $0.073 | OrdinaryDividend |
May 01, 2017 | $0.073 | OrdinaryDividend |
Apr 03, 2017 | $0.073 | OrdinaryDividend |
Feb 24, 2017 | $0.078 | OrdinaryDividend |
Jan 27, 2017 | $0.078 | OrdinaryDividend |
Dec 30, 2016 | $0.078 | OrdinaryDividend |
Nov 25, 2016 | $0.080 | OrdinaryDividend |
Oct 28, 2016 | $0.080 | OrdinaryDividend |
Sep 30, 2016 | $0.085 | OrdinaryDividend |
Aug 26, 2016 | $0.085 | OrdinaryDividend |
Jul 29, 2016 | $0.085 | OrdinaryDividend |
Jun 24, 2016 | $0.085 | OrdinaryDividend |
May 27, 2016 | $0.090 | OrdinaryDividend |
Apr 29, 2016 | $0.090 | OrdinaryDividend |
Mar 24, 2016 | $0.090 | OrdinaryDividend |
Feb 26, 2016 | $0.090 | OrdinaryDividend |
Jan 29, 2016 | $0.090 | OrdinaryDividend |
Dec 24, 2015 | $0.090 | OrdinaryDividend |
Nov 27, 2015 | $0.090 | OrdinaryDividend |
Oct 30, 2015 | $0.090 | OrdinaryDividend |
Sep 25, 2015 | $0.090 | OrdinaryDividend |
Aug 28, 2015 | $0.090 | OrdinaryDividend |
Jul 31, 2015 | $0.090 | OrdinaryDividend |
Jun 26, 2015 | $0.090 | OrdinaryDividend |
May 29, 2015 | $0.090 | OrdinaryDividend |
Apr 24, 2015 | $0.090 | OrdinaryDividend |
Mar 27, 2015 | $0.090 | OrdinaryDividend |
Feb 27, 2015 | $0.090 | OrdinaryDividend |
Jan 30, 2015 | $0.090 | OrdinaryDividend |
Dec 26, 2014 | $0.090 | OrdinaryDividend |
Nov 28, 2014 | $0.090 | OrdinaryDividend |
Oct 31, 2014 | $0.090 | OrdinaryDividend |
Sep 26, 2014 | $0.090 | OrdinaryDividend |
Aug 29, 2014 | $0.090 | OrdinaryDividend |
Jul 25, 2014 | $0.090 | OrdinaryDividend |
Jun 27, 2014 | $0.090 | OrdinaryDividend |
May 30, 2014 | $0.090 | OrdinaryDividend |
Apr 25, 2014 | $0.090 | OrdinaryDividend |
Mar 28, 2014 | $0.090 | OrdinaryDividend |
Feb 28, 2014 | $0.090 | OrdinaryDividend |
Jan 31, 2014 | $0.090 | OrdinaryDividend |
Dec 27, 2013 | $0.090 | OrdinaryDividend |
Nov 29, 2013 | $0.090 | OrdinaryDividend |
Oct 25, 2013 | $0.090 | OrdinaryDividend |
Sep 27, 2013 | $0.090 | OrdinaryDividend |
Aug 30, 2013 | $0.090 | OrdinaryDividend |
Jul 26, 2013 | $0.090 | OrdinaryDividend |
Jun 28, 2013 | $0.090 | OrdinaryDividend |
May 31, 2013 | $0.100 | OrdinaryDividend |
Apr 26, 2013 | $0.100 | OrdinaryDividend |
Mar 22, 2013 | $0.100 | OrdinaryDividend |
Feb 22, 2013 | $0.105 | OrdinaryDividend |
Jan 25, 2013 | $0.105 | OrdinaryDividend |
Dec 21, 2012 | $0.105 | OrdinaryDividend |
Nov 30, 2012 | $0.110 | OrdinaryDividend |
Oct 26, 2012 | $0.110 | OrdinaryDividend |
Sep 28, 2012 | $0.110 | OrdinaryDividend |
Aug 31, 2012 | $0.110 | OrdinaryDividend |
Jul 27, 2012 | $0.110 | OrdinaryDividend |
Jun 29, 2012 | $0.110 | OrdinaryDividend |
May 25, 2012 | $0.110 | OrdinaryDividend |
Apr 27, 2012 | $0.110 | OrdinaryDividend |
Mar 30, 2012 | $0.110 | OrdinaryDividend |
Feb 24, 2012 | $0.110 | OrdinaryDividend |
Jan 27, 2012 | $0.110 | OrdinaryDividend |
Dec 30, 2011 | $0.170 | ExtraDividend |
Dec 23, 2011 | $0.109 | OrdinaryDividend |
Nov 25, 2011 | $0.109 | OrdinaryDividend |
Oct 28, 2011 | $0.109 | OrdinaryDividend |
Sep 30, 2011 | $0.109 | OrdinaryDividend |
Aug 26, 2011 | $0.109 | OrdinaryDividend |
Jul 29, 2011 | $0.109 | OrdinaryDividend |
Jun 24, 2011 | $0.109 | OrdinaryDividend |
May 27, 2011 | $0.109 | OrdinaryDividend |
Apr 29, 2011 | $0.109 | OrdinaryDividend |
Mar 25, 2011 | $0.109 | OrdinaryDividend |
Feb 28, 2011 | $0.109 | OrdinaryDividend |
Jan 31, 2011 | $0.109 | OrdinaryDividend |
Dec 30, 2010 | $0.148 | ExtraDividend |
Nov 30, 2010 | $0.108 | OrdinaryDividend |
Oct 29, 2010 | $0.108 | OrdinaryDividend |
Sep 30, 2010 | $0.108 | OrdinaryDividend |
Aug 31, 2010 | $0.108 | OrdinaryDividend |
Jul 30, 2010 | $0.108 | OrdinaryDividend |
Jun 30, 2010 | $0.108 | OrdinaryDividend |
May 28, 2010 | $0.108 | OrdinaryDividend |
Apr 30, 2010 | $0.108 | OrdinaryDividend |
Mar 31, 2010 | $0.108 | OrdinaryDividend |
Feb 26, 2010 | $0.098 | OrdinaryDividend |
Jan 29, 2010 | $0.098 | OrdinaryDividend |
Dec 31, 2009 | $0.098 | OrdinaryDividend |
Nov 30, 2009 | $0.097 | OrdinaryDividend |
Oct 30, 2009 | $0.097 | OrdinaryDividend |
Sep 30, 2009 | $0.097 | OrdinaryDividend |
Aug 31, 2009 | $0.097 | OrdinaryDividend |
Jul 31, 2009 | $0.097 | OrdinaryDividend |
Jun 30, 2009 | $0.097 | OrdinaryDividend |
May 29, 2009 | $0.091 | OrdinaryDividend |
Apr 30, 2009 | $0.091 | OrdinaryDividend |
Mar 31, 2009 | $0.091 | OrdinaryDividend |
Feb 27, 2009 | $0.091 | OrdinaryDividend |
Jan 30, 2009 | $0.091 | OrdinaryDividend |
Dec 31, 2008 | $0.091 | OrdinaryDividend |
Nov 28, 2008 | $0.091 | OrdinaryDividend |
Oct 31, 2008 | $0.091 | OrdinaryDividend |
Sep 30, 2008 | $0.091 | OrdinaryDividend |
Aug 29, 2008 | $0.091 | OrdinaryDividend |
Jul 31, 2008 | $0.091 | OrdinaryDividend |
Jun 30, 2008 | $0.091 | OrdinaryDividend |
Apr 30, 2008 | $0.091 | OrdinaryDividend |
Mar 31, 2008 | $0.091 | OrdinaryDividend |
Feb 29, 2008 | $0.091 | OrdinaryDividend |
Jan 31, 2008 | $0.091 | OrdinaryDividend |
Nov 30, 2007 | $0.091 | OrdinaryDividend |
Oct 31, 2007 | $0.091 | OrdinaryDividend |
Sep 28, 2007 | $0.091 | OrdinaryDividend |
Aug 31, 2007 | $0.091 | OrdinaryDividend |
Jul 31, 2007 | $0.091 | OrdinaryDividend |
Jun 29, 2007 | $0.091 | OrdinaryDividend |
Apr 30, 2007 | $0.091 | OrdinaryDividend |
Mar 30, 2007 | $0.091 | OrdinaryDividend |
Feb 28, 2007 | $0.091 | OrdinaryDividend |
Jan 31, 2007 | $0.091 | OrdinaryDividend |
Nov 30, 2006 | $0.091 | OrdinaryDividend |
Oct 31, 2006 | $0.091 | OrdinaryDividend |
Sep 29, 2006 | $0.091 | OrdinaryDividend |
Aug 31, 2006 | $0.091 | OrdinaryDividend |
Jul 31, 2006 | $0.091 | OrdinaryDividend |
Jun 30, 2006 | $0.091 | OrdinaryDividend |
May 31, 2006 | $0.091 | OrdinaryDividend |
Apr 28, 2006 | $0.091 | OrdinaryDividend |
Mar 31, 2006 | $0.091 | OrdinaryDividend |
Feb 28, 2006 | $0.091 | OrdinaryDividend |
Jan 31, 2006 | $0.091 | OrdinaryDividend |
Dec 21, 2005 | $0.091 | OrdinaryDividend |
Nov 30, 2005 | $0.091 | OrdinaryDividend |
Oct 31, 2005 | $0.091 | OrdinaryDividend |
Sep 30, 2005 | $0.091 | OrdinaryDividend |
Aug 31, 2005 | $0.091 | OrdinaryDividend |
Jul 29, 2005 | $0.091 | OrdinaryDividend |
Jun 30, 2005 | $0.091 | OrdinaryDividend |
May 31, 2005 | $0.091 | OrdinaryDividend |
Apr 29, 2005 | $0.091 | OrdinaryDividend |
Mar 31, 2005 | $0.091 | OrdinaryDividend |
Feb 28, 2005 | $0.103 | OrdinaryDividend |
Jan 14, 2005 | $0.103 | OrdinaryDividend |
Dec 17, 2004 | $0.103 | OrdinaryDividend |
Nov 30, 2004 | $0.103 | OrdinaryDividend |
Oct 29, 2004 | $0.103 | OrdinaryDividend |
Sep 30, 2004 | $0.103 | OrdinaryDividend |
Aug 31, 2004 | $0.103 | OrdinaryDividend |
Jul 30, 2004 | $0.103 | OrdinaryDividend |
Jun 30, 2004 | $0.103 | OrdinaryDividend |
May 28, 2004 | $0.103 | OrdinaryDividend |
Apr 30, 2004 | $0.103 | OrdinaryDividend |
Mar 31, 2004 | $0.103 | OrdinaryDividend |
Feb 27, 2004 | $0.103 | OrdinaryDividend |
Jan 09, 2004 | $0.034 | ExtraDividend |
Dec 19, 2003 | $0.103 | OrdinaryDividend |
Nov 28, 2003 | $0.103 | OrdinaryDividend |
Oct 31, 2003 | $0.103 | OrdinaryDividend |
Sep 30, 2003 | $0.103 | OrdinaryDividend |
Aug 29, 2003 | $0.103 | OrdinaryDividend |
Jul 31, 2003 | $0.103 | OrdinaryDividend |
Jun 30, 2003 | $0.103 | OrdinaryDividend |
May 30, 2003 | $0.103 | OrdinaryDividend |
Apr 30, 2003 | $0.103 | OrdinaryDividend |
Mar 31, 2003 | $0.103 | OrdinaryDividend |
Feb 28, 2003 | $0.103 | OrdinaryDividend |
Jan 10, 2003 | $0.010 | ExtraDividend |
Dec 20, 2002 | $0.103 | OrdinaryDividend |
Nov 29, 2002 | $0.103 | OrdinaryDividend |
Oct 31, 2002 | $0.103 | OrdinaryDividend |
Sep 30, 2002 | $0.103 | OrdinaryDividend |
Aug 30, 2002 | $0.103 | OrdinaryDividend |
Jul 31, 2002 | $0.103 | OrdinaryDividend |
Jun 28, 2002 | $0.103 | OrdinaryDividend |
May 31, 2002 | $0.103 | OrdinaryDividend |
XWEAX - Fund Manager Analysis
Managers
Michael Buchanan
Start Date
Tenure
Tenure Rank
Jan 01, 2009
13.42
13.4%
– Western Asset Management Company, LLC – Deputy Chief Investment Officer, 2005– – Credit Suisse Asset Management – Managing Director, Head of U.S. Credit Products, 2003–2005 – Janus Capital Management – Executive Vice President, Portfolio Manager, 2003 – BlackRock Financial Management – Managing Director, Portfolio Manager, 1998–2003 – Conseco Capital Management – Vice President, Portfolio Manager, 1990–1998 – Brown University, B.A. – Chartered Financial Analyst
Christopher Kilpatrick
Start Date
Tenure
Tenure Rank
Sep 05, 2012
9.74
9.7%
Mr. Christopher F. Kilpatrick serves as a Research Analyst and Portfolio Manager of Western Asset Management Company. Mr. Kilpatrick joined Western Asset Management Company in 2003.
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 24.76 | 6.72 | 2.41 |