(WEA) Western Asset Premier Bond Fund Closed Today On 52 Week Low Note

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Western Asset Premier Bond Fund (WEA)

October 6th, 2018

Amidst falling markets Western Asset Premier Bond Fund finished Thursday’s trading session down 1.75%, a $0.22 decrease to close on $12.33. Sadly, in addition to dropping WEA ended up closing the day at a new 52 week low.As well as the drop in value, Western Asset Premier Bond Fund hit a new 52 week low of $12.33, breaking the previous low of $12.50 from earlier this July.

Market Sectors

The market sectors were mixed Saturday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (1.57%), while Information Technology saw the biggest drop (1.27%). Information Technology has seen the biggest year-to-date gain at 17%. The biggest loss this year has been the Consumer Staples sector falling 6.38%.

Utilities saw the biggest turnaround from its 5-day performance of 1.86%, as it went up 1.57%. Industrials and Financials both saw turn arounds from their five day positive performance, Industrials with a drop of 0.49%.

Sector Breakdown

  • Utilities went up with a 1.57% change.
  • Real Estate went down with a -0.02% change.
  • Energy went down with a -0.04% change.
  • Healthcare went down with a -0.09% change.
  • Consumer Staples went down with a -0.17% change.
  • Financials went down with a -0.42% change.
  • Industrials went down with a -0.49% change.
  • Consumer Discretionary went down with a -0.78% change.
  • Materials went down with a -0.81% change.
  • Communication Services went down with a -1.04% change.
  • Information Technology went down with a -1.27% change.

All amounts in USD unless otherwise indicated

WEA daily update
WEA daily update

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