CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Back To Fund Screener

WA Prmr Bnd Fd (WEA)

Taxable Bond Funds - Investment Grade Bond

Data as of March 24, 2017
Market Price $13.29 (+ $0.06)
NAV (March 24, 2017) $14.02 (+ $0.03)
Premium / Discount -5.21% (+0.23%)
Fund Info
Inception March 28, 2002
Sponsor Legg Mason Partners Fund Advisors
Website https://www.leggmason....
Phone 1-888-777-0102
Objective: Current income and capital appreciation; investment-grade bonds
Capital & Leverage
Outstanding Shares 11,903,224
Gross Assets $227M
Net Assets $167M
Market Cap $158M
Purchases Turnover 77.78%
Sales Turnover 78.30%
Total Leverage 26.00%
Structural Leverage (out of total) 26.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.45%
Non Lev Exp Ratio 0.96%
Rel Lev Cost 1.37%
Discount Data
Average Discount (3 Yr) -5.01%
Discount Low(3 Yr) -10.14%
Discount High(3 Yr) 1.48%
Discount Rel Range 42.45%
Comp Discount -1.54
Discount St Dev (1Yr) 2.37
Z-Stat (6mo) 0.00
Z-Stat (1Yr) -0.49
Z-Stat (3Yr) -0.08
Comp Z-Stat (6mo) -0.05
Comp Z-Stat (3Yr) -0.60
Distribution Data
Market Yield 6.55%
Income Yield 6.55%
Lev Adj NAV Yield 4.92%
Distribution Frequency M
Current Distribution $0.073
Current Income $0.073
Ex-Date 4/19/17
Payable Date 5/1/17
Div Growth (3yr) -19.44%
Dividend Change -6.5% on 2/27/17
Expected Div 5/18/17
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $618
Avg Volume 30 day 55,482
Avg Volume 90 day 46,518
Volume Trend 19.27%
Comp Volume Trend 25.69%
Correlation & Volatility
Correlation (30 d) 81.0%
Correlation (90 d) 73.1%
Correlation (1 Yr) 75.3%
Price St Dev (1Yr) 10.4%
NAV St Dev (1Yr) 4.7%
Earnings / Share (12/31/16) $0.067
Earn Coverage 92.14%
Earnings Trend Down
UNII / Share (12/31/16) $0.097
Rel UNII 11.14
UNII Trend Down
Bond Specific Data
Maturity 9.00
Duration 7.83
Credit Rating (rbo) BBB
Investment Grade 66.90%
Non Investment Grade 31.00%
Unrated Bonds 2.10%
NAV Beta (2yr)
vs. iShares 20+ Year Treasury Bond


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2016. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.