Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Monthly Dividend of $0.10 on May 29th

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be given a dividend of 0.095 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset Emerging Markets Debt Fund Stock Down 0.5%

NYSE:EMD opened at $10.42 on Tuesday. The stock’s fifty day moving average price is $10.43 and its two-hundred day moving average price is $10.65. Western Asset Emerging Markets Debt Fund has a 52-week low of $9.41 and a 52-week 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.