Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Monthly Dividend of $0.10 on November 30th

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMDGet Free Report) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, November 20th will be given a dividend of 0.095 per share on Monday, November 30th. This represents a c) annualized dividend and a yield of 10.8%. The ex-dividend date is Friday, November 20th.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE EMD opened at $10.58 on Friday. Western Asset Emerging Markets Debt Fund has a 52-week low of $9.60 and a 52-week high of $11.30. The business has a fifty day moving average of $10.59 and a two-hundred day moving average of $10.62.

Western Asset Emerging Markets Debt Fund Company Profile

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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.

See Also

Dividend History for Western Asset Emerging Markets Debt Fund (NYSE:EMD)

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