NEW YORK--(BUSINESS WIRE)--Western Asset Premier Bond Fund (NYSE:WEA) announces its portfolio composition as of June 30, 2015. Investment Objective: The Fund's investment objective is to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment grade bonds. Portfolio Composition*:     Asset Allocation Investment Grade Corporate Bonds 46.5% High Yield Corporate Bonds 20.7% Mortgage-Backed Securities 15.6% Emerging Market Debt 9.9% Sovereign D