Western Asset Premier Bond Fund
WEAFinancial ServicesNASDAQAsset Management · Last scanned Jul 22, 2026
Scan Results
Daily timeframeWestern Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The company carries a $126.0M market cap, placing it firmly in the micro-cap category. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte.
Market Cap
$126.0M
Beta
0.49
P/E (TTM)
9.08
P/E (Fwd)
—
EPS (TTM)
$1.17
EPS (Fwd)
—
ROE
10.3%
ROA
3.8%
Cash
$71,864
Total Debt
$65.2M
Free CF
$3.2M
52W Change
-1.9%
Annual Financials
Cash vs Debt
Where WEA stands vs its 150-day and 200-day moving averages
As of the July 15, 2026 close, WEA finished 0.38% above its 150-day moving average ($10.57) and 0.47% above its 200-day moving average ($10.56). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is WEA overbought or oversold?
At the July 15, 2026 close, WEA's RSI(14) was 59.5, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Western Asset Premier Bond Fund carries $65.2M in total debt against $72K in cash reserves — debt is roughly 907.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $3.2M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 10.3% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$26.9M (2022) to $14.1M (2025), reflecting a 153% increase over the period.
The relatively low beta of 0.49 suggests WEA is a less volatile holding compared to the broader index. Western Asset Premier Bond Fund carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. No single metric tells the full story. Reviewing WEA's risk profile alongside its fundamentals and technical indicators provides a more complete picture.