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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.095 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Thursday, April 23rd.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of NYSE EMD opened at $10.86 on Tuesday. Western Asset Emerging Markets Debt Fund has a 52-week low of $9.00 and a 52-week high of $11.30. The company’s 50 day moving average price is $10.56 and its 200-day moving average price is $10.61.

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.