Western Asset Premier Bond Fund Announces Annual Meeting of Shareholders
Ticker: WEA · Form: DEF 14A · Filed: Apr 17, 2024 · CIK: 1163792
| Field | Detail |
|---|---|
| Company | Western Asset Premier Bond Fund (WEA) |
| Form Type | DEF 14A |
| Filed Date | Apr 17, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $15,527 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Board of Trustees, Shareholder Voting, Western Asset Premier Bond Fund
Related Tickers: WEA
TL;DR
<b>Western Asset Premier Bond Fund will hold its Annual Meeting of Shareholders on May 22, 2024, to elect the Board of Trustees.</b>
AI Summary
WESTERN ASSET PREMIER BOND FUND (WEA) filed a Proxy Statement (DEF 14A) with the SEC on April 17, 2024. Annual Meeting of Shareholders for Western Asset Premier Bond Fund scheduled for May 22, 2024, at 10:00 a.m. ET. Meeting will be held at 280 Park Avenue, New York, New York. Primary purpose is to elect the Board of Trustees. Record date for shareholder eligibility to vote is April 8, 2024. Proxy statement available online at https://www.proxy-direct.com/fnk-33893.
Why It Matters
For investors and stakeholders tracking WESTERN ASSET PREMIER BOND FUND, this filing contains several important signals. Shareholders need to be aware of the meeting date and location to exercise their voting rights for the Board of Trustees. The record date of April 8, 2024, is critical for determining which shareholders are eligible to vote.
Risk Assessment
Risk Level: low — WESTERN ASSET PREMIER BOND FUND shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Shareholders should review the proxy materials and vote their shares by the specified record date to ensure their voice is heard in the election of the Board of Trustees.
Key Numbers
- May 22, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders)
- 10:00 a.m. ET — Meeting Time (Time of the Annual Meeting of Shareholders)
- April 8, 2024 — Record Date (Date for determining shareholders entitled to vote)
Key Players & Entities
- WESTERN ASSET PREMIER BOND FUND (company) — Registrant and Fund Name
- May 22, 2024 (date) — Date of Annual Meeting
- April 8, 2024 (date) — Record date for shareholder eligibility
- Marc A. De Oliveira (person) — Secretary of the Board of Trustees
- New York, New York (location) — Location of Annual Meeting
- WEA (ticker) — Stock ticker symbol
FAQ
When did WESTERN ASSET PREMIER BOND FUND file this DEF 14A?
WESTERN ASSET PREMIER BOND FUND filed this Proxy Statement (DEF 14A) with the SEC on April 17, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by WESTERN ASSET PREMIER BOND FUND (WEA).
Where can I read the original DEF 14A filing from WESTERN ASSET PREMIER BOND FUND?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by WESTERN ASSET PREMIER BOND FUND.
What are the key takeaways from WESTERN ASSET PREMIER BOND FUND's DEF 14A?
WESTERN ASSET PREMIER BOND FUND filed this DEF 14A on April 17, 2024. Key takeaways: Annual Meeting of Shareholders for Western Asset Premier Bond Fund scheduled for May 22, 2024, at 10:00 a.m. ET.. Meeting will be held at 280 Park Avenue, New York, New York.. Primary purpose is to elect the Board of Trustees..
Is WESTERN ASSET PREMIER BOND FUND a risky investment based on this filing?
Based on this DEF 14A, WESTERN ASSET PREMIER BOND FUND presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading WESTERN ASSET PREMIER BOND FUND's DEF 14A?
Shareholders should review the proxy materials and vote their shares by the specified record date to ensure their voice is heard in the election of the Board of Trustees. The overall sentiment from this filing is neutral.
How does WESTERN ASSET PREMIER BOND FUND compare to its industry peers?
Western Asset Premier Bond Fund is a closed-end investment company. This filing is a standard proxy statement for its annual shareholder meeting.
Are there regulatory concerns for WESTERN ASSET PREMIER BOND FUND?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, requiring specific disclosures for proxy solicitations.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The Fund must comply with all SEC regulations regarding proxy solicitations and annual meetings, including timely filing and accurate disclosure.
Industry Context
Western Asset Premier Bond Fund is a closed-end investment company. This filing is a standard proxy statement for its annual shareholder meeting.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, requiring specific disclosures for proxy solicitations.
What Investors Should Do
- Review the proxy statement for details on trustee nominees.
- Vote your shares by the record date of April 8, 2024.
- Check the fund's website for any updates on meeting format or location.
Key Dates
- 2024-05-22: Annual Meeting of Shareholders — Election of Board of Trustees and transaction of other business.
- 2024-04-08: Record Date — Determines shareholders eligible to receive notice and vote at the Annual Meeting.
- 2024-04-17: Filing Date — Date the definitive proxy statement was filed with the SEC.
Glossary
- Proxy Statement
- A document filed with the SEC that contains information that shareholders need to vote on matters at a shareholder meeting. (Provides essential details for shareholders to make informed voting decisions on electing the Board of Trustees.)
- Record Date
- A specific date set by the board of directors for determining which shareholders are eligible to receive notice of and vote at a shareholder meeting. (Crucial for identifying eligible voters for the election of the Board of Trustees.)
Year-Over-Year Comparison
This is a definitive proxy statement (DEF 14A) for the annual meeting, indicating a routine procedural filing.
Filing Stats: 4,693 words · 19 min read · ~16 pages · Grade level 12.5 · Accepted 2024-04-17 16:11:49
Key Financial Figures
- $15,527 — re a fee that is not expected to exceed $15,527. However, the exact cost will depend on
Filing Documents
- d786859ddef14a.htm (DEF 14A) — 187KB
- g786859002.jpg (GRAPHIC) — 2KB
- g786859g0416005210094.jpg (GRAPHIC) — 3KB
- g786859g0416005210591.jpg (GRAPHIC) — 1KB
- g786859g0416005210809.jpg (GRAPHIC) — 2KB
- g786859g66b47.jpg (GRAPHIC) — 25KB
- 0001193125-24-099090.txt ( ) — 230KB
From the Filing
DEF 14A 1 d786859ddef14a.htm WESTERN ASSET PREMIER BOND FUND Western Asset Premier Bond Fund UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the RegistrantFiled by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 Western Asset Premier Bond Fund (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 W ESTERN A SSET P REMIER B OND F UND (NYSE WEA) 620 Eighth Avenue, 47th Floor New York, New York 10018 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 22, 2024 To the Shareholders of Western Asset Premier Bond Fund The Annual Meeting of Shareholders (the Annual Meeting) of Western Asset Premier Bond Fund (the Fund) is scheduled to be held at 280 Park Avenue, New York, New York, on Wednesday, May 22, 2024, at 10:00 a.m., Eastern Time, for the following purposes: 1. Electing the Board of Trustees; and 2. Transacting such other matters as may properly come before the Annual Meeting and any adjournment(s) or postponement(s) thereof. If it is determined that the Annual Meeting will be held at a different time or in a different location or format (i.e., a virtual or hybrid meeting), an announcement of any such updates will be provided by means of a press release, which will be posted on our website (www.franklintempleton.com/investments/options/closed-end-funds). We encourage you to check our website prior to the Annual Meeting if you plan to attend the Annual Meeting. An announcement of any change will also be filed with the Securities and Exchange Commission via its EDGAR system. The Board of Trustees has fixed the close of business on April 8, 2024 as the record date for the determination of shareholders entitled to receive notice of and to vote at the Annual Meeting and any adjournment(s) or postponement(s) thereof. Whether or not you plan to attend the Annual Meeting, we urge you to authorize a proxy to vote your shares in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting. The Proxy Statement is available on the Internet at https://www.proxy-direct.com/fnk-33893. The enclosed proxy is being solicited on behalf of the Board of Trustees of the Fund. By Order of the Board of Trustees Marc A. De Oliveira Secretary April 17, 2024 IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE ANNUAL MEETING. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, PLEASE VOTE BY TELEPHONE, INTERNET OR MAIL. IF YOU ARE VOTING BY MAIL PLEASE DATE, FILL IN, SIGN AND MAIL THE ENCLOSED PROXY IN THE ACCOMPANYING ENVELOPE, WHICH REQUIRES NO POSTAGE IF MAILED IN THE UNITED STATES. IF YOU WISH TO ATTEND THE ANNUAL MEETING AND VOTE, YOU WILL BE ABLE TO DO SO AND SUCH VOTE WILL REVOKE ANY PROXY YOU MAY HAVE SUBMITTED. MERELY ATTENDING THE ANNUAL MEETING, HOWEVER, WILL NOT REVOKE ANY PREVIOUSLY SUBMITTED PROXY. YOUR VOTE IS EXTREMELY IMPORTANT. NO MATTER HOW MANY OR HOW FEW SHARES YOU OWN, PLEASE SEND IN YOUR PROXY CARD (OR VOTE BY TELEPHONE OR THROUGH THE INTERNET PURSUANT TO THE INSTRUCTIONS CONTAINED ON THE PROXY CARD) TODAY. W ESTERN A SSET P REMIER B OND F UND 620 Eighth Avenue, 47th Floor New York, New York 10018 PROXY STATEMENT Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be Held on May 22, 2024: The proxy https://www.proxy-direct.com/fnk-33893 This proxy statement is furnished in connection with the solicitation by the Board of Trustees (the Board) of Western Asset Premier Bond Fund (the Fund) of proxies to be voted at the Annual Meeting of Shareholders of the Fund (the Annual Meeting) to be held at 280 Park Avenue, New York, New York, on Wednesday, May 22, 2024, at 10:00 a.m., Eastern Time, and at any adjournment(s) or postponement(s) thereof. At the Annual Meeting, shareholders will be asked to consider the re-election of eleven Trustees (collectively, the Nominees) to the Board. If it is determined that the Annual Meeting will be held at a different time or in a different location or format (i.e., a virtual or hybrid meeting), an announcement of any such updates will be provided by means of a press release, which will be posted on our website (www.franklintempleton.com/investments/options/closed-end-funds). We encourage you to check the website prior to the Annual Meeting if yo