Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) declared a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.033 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Western Asset Emerging Markets Debt Fund Stock Down 1.3%
NYSE:EMD opened at $10.54 on Friday. Western Asset Emerging Markets Debt Fund has a 52 week low of $9.41 and a 52 week high of $11.30. The firm’s 50-day simple moving average is $10.44 and its 200 day simple moving average is $10.65.
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.
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