Western Asset Premier Bond Fund Stock in 2018 Q2 Driven by Institutional Investors

November 10, 2018 - By olga

Sentiment for Western Asset Premier Bond Fund (NYSE:WEA)

Western Asset Premier Bond Fund (NYSE:WEA) institutional sentiment decreased to 1.17 in Q2 2018. Its down -2.00, from 3.17 in 2018Q1. The ratio dropped, as 14 hedge funds increased or started new equity positions, while 12 sold and decreased stakes in Western Asset Premier Bond Fund. The hedge funds in our partner’s database now have: 2.75 million shares, down from 4.71 million shares in 2018Q1. Also, the number of hedge funds holding Western Asset Premier Bond Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 7 Increased: 11 New Position: 3.

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The company has market cap of $149.29 million. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. It currently has negative earnings. Ltd., and Western Asset Management Company Ltd.

The stock increased 0.08% or $0.01 during the last trading session, reaching $12.54. About 17,119 shares traded. Western Asset Premier Bond Fund (NYSE:WEA) has declined 10.02% since November 10, 2017 and is downtrending. It has underperformed by 25.64% the S&P500.

Robinson Capital Management Llc holds 0.72% of its portfolio in Western Asset Premier Bond Fund for 197,088 shares. 1607 Capital Partners Llc owns 766,987 shares or 0.56% of their US portfolio. Moreover, Koshinski Asset Management Inc. has 0.48% invested in the company for 52,150 shares. The Florida-based Provise Management Group Llc has invested 0.21% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 386,288 shares.

Another recent and important Western Asset Premier Bond Fund (NYSE:WEA) news was published by Businesswire.com which published an article titled: “Western Asset Premier Bond Fund Portfolio Composition as of September 30, 2018” on November 01, 2018.

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