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Name

As of 12/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset Premier Bond Fund Premier Bond Fund

XWEAX | Fund

$11.16

$145 M

0.00%

1.22%

Vitals

YTD Return

0.0%

1 yr return

-2.7%

3 Yr Avg Return

-8.0%

5 Yr Avg Return

-5.3%

Net Assets

$145 M

Holdings in Top 10

58.4%

52 WEEK LOW AND HIGH

$11.2
N/A
N/A

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 12/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset Premier Bond Fund Premier Bond Fund

XWEAX | Fund

$11.16

$145 M

0.00%

1.22%

XWEAX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return -5.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Premier Bond Fund Premier Bond Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Apr 01, 2002
  • Shares Outstanding
    11865600
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Buchanan

Fund Description

XWEAX - Performance

Return Ranking - Trailing

Period XWEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -2.9% 7.6% 99.40%
1 Yr -2.7% -2.9% 7.6% 99.40%
3 Yr -8.0%* -8.0% 40.4% 100.00%
5 Yr -5.3%* -7.1% 25.1% 99.38%
10 Yr 0.1%* -0.3% 14.3% 98.02%

* Annualized

Return Ranking - Calendar

Period XWEAX Return Category Return Low Category Return High Rank in Category (%)
2024 -2.7% -6.2% 6.3% 64.29%
2023 2.1% -26.5% 6.1% 98.20%
2022 -21.6% -28.7% 142.1% 17.68%
2021 -3.6% -8.2% 8.3% 62.96%
2020 1.3% 3.4% 12.8% 0.65%

Total Return Ranking - Trailing

Period XWEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -2.9% 7.6% 99.40%
1 Yr -2.7% -2.9% 7.6% 99.40%
3 Yr -8.0%* -8.0% 40.4% 100.00%
5 Yr -5.3%* -7.1% 25.1% 99.38%
10 Yr 0.1%* -0.3% 14.3% 98.02%

* Annualized

Total Return Ranking - Calendar

Period XWEAX Return Category Return Low Category Return High Rank in Category (%)
2024 -2.7% -5.6% 12.9% 88.10%
2023 2.1% -24.3% 11.6% 98.20%
2022 -21.6% -25.6% 151.8% 65.24%
2021 -3.6% -8.0% 116.0% 64.81%
2020 1.3% 5.1% 17.0% 2.60%

NAV & Total Return History

XWEAX - Holdings

Concentration Analysis

XWEAX Category Low Category High XWEAX % Rank
Net Assets 145 M 23.9 M 47.3 B 84.52%
Number of Holdings 330 4 10364 79.17%
Net Assets in Top 10 -29.6 M -29.6 M 3.03 B 100.00%
Weighting of Top 10 58.40% 1.7% 143.5% 1.79%

Top 10 Holdings

  1. National Australia Bank Evergreen Repo Loan 39.34%
  2. National Australia Bank Evergreen Repo Loan 39.34%
  3. National Australia Bank Evergreen Repo Loan 39.34%
  4. National Australia Bank Evergreen Repo Loan 39.34%
  5. National Australia Bank Evergreen Repo Loan 39.34%
  6. National Australia Bank Evergreen Repo Loan 39.34%
  7. National Australia Bank Evergreen Repo Loan 39.34%
  8. National Australia Bank Evergreen Repo Loan 39.34%
  9. National Australia Bank Evergreen Repo Loan 39.34%
  10. National Australia Bank Evergreen Repo Loan 39.34%

Asset Allocation

Weighting Return Low Return High XWEAX % Rank
Bonds 		136.47% 0.00% 136.47% 0.60%
Convertible Bonds 		5.10% 0.00% 78.47% 44.05%
Preferred Stocks 		2.23% 0.00% 9.18% 7.74%
Stocks 		0.00% 0.00% 99.98% 96.43%
Other 		0.00% -5.08% 12.23% 85.71%
Cash 		-43.80% -43.80% 46.48% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High XWEAX % Rank
Corporate 		80.55% 41.80% 99.52% 69.64%
Government 		12.64% 0.00% 25.63% 20.24%
Cash & Equivalents 		2.89% 0.00% 46.48% 36.90%
Securitized 		2.68% 0.00% 23.18% 27.38%
Derivative 		1.24% -2.44% 2.14% 2.38%
Municipal 		0.00% 0.00% 3.37% 96.43%

Bond Geographic Breakdown

Weighting Return Low Return High XWEAX % Rank
US 		89.42% 0.00% 112.17% 87.50%
Non US 		47.05% 0.00% 47.05% 0.60%

XWEAX - Expenses

Operational Fees

XWEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.03% 3.33% 20.00%
Management Fee 0.55% 0.00% 1.35% 92.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.13% 0.02% 0.45% 77.14%

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% 24.70%

XWEAX - Distributions

Dividend Yield Analysis

XWEAX Category Low Category High XWEAX % Rank
Dividend Yield 0.00% 0.00% 6.00% 100.00%

Dividend Distribution Analysis

XWEAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

XWEAX Category Low Category High XWEAX % Rank
Net Income Ratio 5.93% 0.38% 5.93% 0.60%

Capital Gain Distribution Analysis

XWEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

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 6.74 4.41

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