Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Monthly Dividend of $0.03 on July 31st

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be given a dividend of 0.033 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, July 24th.

Western Asset Emerging Markets Debt Fund Stock Performance

NYSE EMD opened at $10.69 on Wednesday. Western Asset Emerging Markets Debt Fund has a one year low of $9.60 and a one year high of $11.30. The company’s 50 day moving average price is $10.58 and its 200 day moving average price is $10.65.

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.