Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) announced a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be paid a dividend of 0.033 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, July 24th.
Western Asset Emerging Markets Debt Fund Price Performance
Shares of NYSE EMD opened at $10.54 on Friday. The firm has a fifty day moving average of $10.44 and a 200 day moving average of $10.65. Western Asset Emerging Markets Debt Fund has a one year low of $9.41 and a one year high of $11.30.
Western Asset Emerging Markets Debt Fund Company Profile
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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