Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.92% | -4.16% | -8.77% | -11.68% | -12.24% | -12.24% | -0.85% | -7.42% | -3.07% | -2.31% |
| Market-price total return | -0.92% | -3.48% | -6.88% | -8.04% | -6.84% | -5.06% | +7.18% | -0.20% | +3.74% | +5.65% |
| NAV return | -0.09% | -2.92% | -5.43% | -7.24% | -7.48% | -7.89% | -0.47% | -6.12% | -2.72% | -1.18% |
| NAV total return | -0.09% | -2.29% | -3.61% | -3.69% | -2.17% | -0.80% | +7.24% | +0.83% | +3.75% | +6.93% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.09% | 0.04% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.04% | as above |
| Volatility, 5 years | 0.14% | 0.06% | as above |
| Maximum drawdown, 3 years | -9.23% | -4.47% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.30 | 0.60 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.43 | 0.86 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.72 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.33 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Western Asset Premier Bond Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.