Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Stake Increased by Insigneo Advisory Services LLC

Posted by James Quigley on Apr 18th, 2025

Insigneo Advisory Services LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) by 15.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,862 shares of the company’s stock after acquiring an additional 6,454 shares during the quarter. Insigneo Advisory Services LLC owned approximately 0.17% of Western Asset Emerging Markets Debt Fund worth $460,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new position in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter worth about $38,000. Anfield Capital Management LLC acquired a new stake in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at approximately $56,000. Mission Hills Financial Advisory LLC bought a new position in Western Asset Emerging Markets Debt Fund during the 4th quarter worth approximately $108,000. Jane Street Group LLC acquired a new position in shares of Western Asset Emerging Markets Debt Fund in the 3rd quarter worth approximately $192,000. Finally, Apollon Wealth Management LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at approximately $245,000. 33.05% of the stock is owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Price Performance

EMD stock opened at $9.11 on Friday. The stock’s 50 day simple moving average is $9.62 and its 200 day simple moving average is $9.79. Western Asset Emerging Markets Debt Fund Inc. has a 12-month low of $8.56 and a 12-month high of $10.33.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.09 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a dividend yield of 10.92%.

About Western Asset Emerging Markets Debt Fund

(Free Report)

Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.