Mutual Advisors LLC Buys 3,568 Shares of Western Asset Emerging Markets Debt Fund Inc. $EMD

Mutual Advisors LLC grew its stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,881 shares of the company’s stock after acquiring an additional 3,568 shares during the period. Mutual Advisors LLC owned 0.26% of Western Asset Emerging Markets Debt Fund worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of EMD. Advisors Asset Management Inc. raised its stake in shares of Western Asset Emerging Markets Debt Fund by 28.2% in the first quarter. Advisors Asset Management Inc. now owns 644,690 shares of the company’s stock worth $6,376,000 after acquiring an additional 141,776 shares during the last quarter. Landscape Capital Management L.L.C. raised its stake in shares of Western Asset Emerging Markets Debt Fund by 301.5% in the first quarter. Landscape Capital Management L.L.C. now owns 72,628 shares of the company’s stock worth $718,000 after acquiring an additional 54,541 shares during the last quarter. Uncommon Cents Investing LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund by 128.9% in the second quarter. Uncommon Cents Investing LLC now owns 80,790 shares of the company’s stock worth $812,000 after acquiring an additional 45,500 shares during the last quarter. Accredited Investor Services LLC bought a new position in shares of Western Asset Emerging Markets Debt Fund in the first quarter worth about $367,000. Finally, Walleye Capital LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund by 96.6% in the first quarter. Walleye Capital LLC now owns 72,350 shares of the company’s stock worth $716,000 after acquiring an additional 35,547 shares during the last quarter. 33.05% of the stock is owned by institutional investors.

Western Asset Emerging Markets Debt Fund Price Performance

EMD opened at $10.34 on Friday. The firm has a 50 day simple moving average of $10.34 and a 200 day simple moving average of $9.91. Western Asset Emerging Markets Debt Fund Inc. has a fifty-two week low of $8.56 and a fifty-two week high of $10.59.

Western Asset Emerging Markets Debt Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be paid a dividend of $0.095 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Friday, October 24th.

Western Asset Emerging Markets Debt Fund Company Profile

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.