Weekly Report: what happened at WEA last week (0408-0412)?

Andvari Associates - Western Asset Premier Bond Fund: Silver Linings In Rates

Western Asset Premier Bond Fund is an attractive yielding asset. The yields on assets like bonds, preferred shares, and certain equities are at levels finally worthy of notice. The fund has a long-term track record in the fixed income arena. Western Asset has an association with two extraordinary individuals: Lou Simpson and Ron Olson.

Andvari Associates Q1 2024 Letter

For the first quarter of 2024, Andvari Associates was up 12.1% net of fees, while the SPDR S&P 500 ETF was up 10.4%. Andvari's performance continues to climb back from the decline it suffered in 2022. Kelly Partners Group has expanded into the U.S. And eliminated its monthly dividend.

Weekly Report: what happened at WEA last week (0401-0405)?

Weekly Report: what happened at WEA last week (0325-0329)?

Weekly Report: what happened at WEA last week (0318-0322)?

PCN: Good Bond CEF With Fully-Covered Distribution, But Huge Premium Is Problematic

The PIMCO Corporate & Income Strategy Fund offers a competitive 9.88% distribution yield. The closed-end fund has underperformed the Bloomberg U.S. Aggregate Bond Index over the past six months. The fund appears to be fully covering its distribution, but the fund is trading at an enormous premium to net asset value.

Weekly Report: what happened at WEA last week (0311-0315)?

Weekly Report: what happened at WEA last week (0304-0308)?

Weekly Report: what happened at WEA last week (0226-0301)?

Weekly Report: what happened at WEA last week (0219-0223)?

Western Asset Premier Bond Fund goes ex dividend tomorrow

Western Asset Premier Bond Fund (WEA) had declared $0.07/share monthly dividend, Payable March 1; for shareholders of record Feb. 22; ex-div Feb. 21. Western Asset Premier bond fund goes ex dividend tomorrow Feb. 20, 2024.

Weekly Report: what happened at WEA last week (0212-0216)?

WEA: Higher Quality Fixed-Income Fund

Western Asset Premier Bond Fund has seen some strong performance since our last update. The fund offers an attractive distribution yield with exposure to primarily investment-grade bonds but also some high-yield exposure. Since our last report, the fund's discount has narrowed rather materially. WEA's performance could be solid going forward, but the narrow discount makes it less appealing.

Weekly Report: what happened at WEA last week (0205-0209)?

Weekly Report: what happened at WEA last week (0129-0202)?

Weekly Report: what happened at WEA last week (0122-0126)?

Western Asset Premier Bond Fund goes ex dividend tomorrow

Western Asset Premier Bond Fund (WEA) had declared $0.07/share monthly dividend, Payable Feb. 1. The fund goes ex dividend tomorrow Jan. 22, 2024. Western Asset Premier bond fund is a high-yield bond fund with corporate exposure.

Weekly Report: what happened at WEA last week (0115-0119)?

CEF Weekly Commentary | Swap Some MAIN Bonds?

Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The benign PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation figures. The equity side of the CEF market saw the best movement on the week.