Western Asset Premier Bond Fund

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund. It was launched and is managed by Western Asset Management Company, with co-management provided by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. The fund invests in the fixed income markets of the United States, primarily focusing on investment grade bonds. These investments include corporate bonds, U.S. government and agency securities, and mortgage-related securities. The fund aims to maintain an average duration of approximately two to three years and an average credit quality of BBB. Its portfolio performance is benchmarked against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002, and is domiciled in the United States.