Robert Frenkel - Western Asset Secretary and Chief Legal Officer

WEA Etf  USD 11.07  0.04  0.36%   
Robert Frenkel is Portfolio Manager at Western Asset Premier
Mr. Robert I. Frenkel is Secretary of Western Asset Premier Bond Fund. He is Vice President and Deputy General Counsel of Legg Mason, Inc. Managing Director and General Counsel of Global Mutual Funds for Legg Mason Co. and Legg Mason Co. predecessors Secretary and Chief Legal Officer of certain mutual funds associated with Legg Mason Co. or its affiliates and Legg Mason Co. predecessors .
Age 66
Tenure 9 years
Phone626-844-9400
Webhttps://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=WEA

Western Asset Management Efficiency

The company has Return on Asset of 2.97 % which means that on every $100 spent on assets, it made $2.97 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (19.65) %, meaning that it generated no profit with money invested by stockholders. Western Asset's management efficiency ratios could be used to measure how well Western Asset manages its routine affairs as well as how well it operates its assets and liabilities.
Western Asset Premier has 70.42 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Western Asset Premier has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Asset Premier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity.

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Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. Western Asset is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange. Western Asset Premier [WEA] is traded in USA and was established 2002-03-28.

Management Performance

Western Asset Premier Money Managers

Christopher Berarducci, Principal Chief Financial Officer, Treasurer
Avedick Poladian, Independent Trustee
Marc Oliveira, Secretary and Chief Legal Officer
Todd Kuehl, Chief Compliance Officer
Jane Trust, President, Chief Executive Officer, Trustee
Kerr Susan, Chief Anti-Money Laundering Compliance Officer
Michael Larson, Independent Trustee
Jeanne Kelly, Senior Vice President
Robert Frenkel, Secretary and Chief Legal Officer
Peter Taylor, Independent Trustee
William Siart, Non-Executive Independent Chairman of the Board of Trustees
Ted Becker, Chief Compliance Officer
Richard Sennett, Principal Financial Officer and Treasurer
Robert Abeles, Independent Trustee
Susan Kerley, Independent Trustee
Thomas Mandia, Senior Vice President
Jane Dasher, Independent Trustee
Jenna Bailey, Identity Theft Prevention Officer
Anita DeFrantz, Independent Trustee
Jaynie Studenmund, Independent Trustee
Ronald Olson, Trustee

Western Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Western Asset a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Western Etf

Western Asset financial ratios help investors to determine whether Western Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.