Western Asset Emerging Markets Debt Fund Inc. Declares Monthly Dividend of $0.10 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.095 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE EMD traded down $0.12 during midday trading on Monday, reaching $11.02. The company’s stock had a trading volume of 193,179 shares, compared to its average volume of 249,791. The stock has a 50 day simple moving average of $10.91 and a 200-day simple moving average of $10.59. Western Asset Emerging Markets Debt Fund has a fifty-two week low of $8.56 and a fifty-two week high of $11.30.

About Western Asset Emerging Markets Debt Fund

Western Asset Emerging Markets Debt Fund Inc (NYSE: EMD) is a closed-end management investment company launched in December 2004 and managed by Western Asset Management Company, a global fixed-income specialist. The fund seeks to provide a high level of current income by investing primarily in debt securities issued by sovereign, quasi-sovereign and corporate issuers in emerging markets. Its diversified approach combines top-down macroeconomic analysis with bottom-up credit research to identify attractive risk-adjusted opportunities across developing economies.

EMD’s portfolio spans a wide range of instruments, including sovereign government bonds, supranational obligations, corporate credits and other fixed-income securities.