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

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 paid a dividend of 0.095 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Thursday, May 21st.

Western Asset Emerging Markets Debt Fund Stock Down 1.1%

NYSE:EMD traded down $0.12 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. Western Asset Emerging Markets Debt Fund has a 1-year low of $8.56 and a 1-year high of $11.30. The business’s 50-day moving average price is $10.91 and its two-hundred day moving average price is $10.59.

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.