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Western Asset Emerging Markets Debt Fund, Inc - $EMD STOCK NEWS

Welcome to our dedicated page for Western Asset Emerging Markets Debt Fund news (Ticker: $EMD), a resource for investors and traders seeking the latest updates and insights on Western Asset Emerging Markets Debt Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset Emerging Markets Debt Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset Emerging Markets Debt Fund's position in the market.

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Western Asset Emerging Markets Debt Fund Inc. (EMD) announces sources of distributions for May 1, 2024, and fiscal year 2024. The fund will distribute $0.0845 per share for April, with returns of capital making up 41.62% of the total distribution. Shareholders should not judge the fund's performance based on distributions alone. The fund may have distributed more than its income and capital gains. Actual tax reporting amounts may vary. The fund's performance metrics show a 5-year average annual total return of 0.77% and an annualized distribution rate of 9.52% as of March 31, 2024. The fund has a managed distribution policy that could affect market prices if suspended or terminated.

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Rhea-AI Summary
Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] announces sources of distributions for April 1, 2024, with a breakdown of income, capital gains, and return of capital. The fund's estimated allocations for the March monthly distribution and fiscal year 2024 reveal a distribution per share of $0.0845, with net investment income accounting for 49.47% and return of capital making up 50.53%. Cumulative allocations for the fiscal year-to-date show a distribution per share of $0.1690, with a similar breakdown of income and return of capital.
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Rhea-AI Summary
Franklin Resources announces changes in the portfolio management team of the Fund effective March 1, 2024. The press release emphasizes that the data and commentary provided are for informational purposes only, and Franklin Resources and its affiliates do not sell shares of the Fund.
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Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] announces estimated sources of distributions for March 1, 2024, and fiscal year 2023. The distribution per share is $0.0845, with net investment income at 100%, net realized short-term capital gains at 19%, and return of capital at 81%. Shareholders are advised not to draw conclusions.
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Franklin Templeton Fund Adviser, LLC declared distributions for March, April, and May 2024 for certain closed-end funds. The funds include BWG - BrandywineGLOBAL, SCD - LMP Capital and Income, and EMD - Western Asset Emerging Markets Debt. Each fund aims to maintain a consistent distribution level from income and capital gains. Shareholders may receive return of capital if income is insufficient. The funds' estimated sources of distributions and fiscal year-end breakdowns are provided.
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Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] has released a notification of sources of distributions for the fiscal year 2023. The estimated sources of the distribution to be paid on February 1, 2024, and for the fiscal year 2023 year-to-date are provided. The distribution per share, net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital are detailed, with cumulative estimated allocations for the fiscal year-to-date also included.
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During the fourth quarter of 2023, several funds announced their share repurchase activity, including Western Asset Emerging Markets Debt Fund Inc. (EMD) with 949,123 shares repurchased. Share repurchases aim to enhance shareholder value by buying shares at a discount to the fund's net asset value. The difference between the purchase price and NAV results in incremental accretion to the Fund’s NAV for all shareholders.
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-0.44%
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Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) has released a notification of sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940. The estimated sources of the distribution to be paid on December 29, 2023, and for the fiscal year 2023 year-to-date are provided. The estimated allocations for the December monthly distribution as of November 30, 2023, and the cumulative estimated allocations fiscal year-to-date as of November 30, 2023, are also detailed.
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Western Asset Emerging Markets Debt Fund Inc. (EMD) has announced the estimated sources of the distribution to be paid on December 1, 2023, and for the fiscal year 2023 year-to-date. The distribution per share, net investment income, net realized short-term and long-term capital gains, and return of capital have been detailed, providing shareholders with a clear understanding of the fund's financial performance.
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Western Asset Emerging Markets Debt Fund Inc. (EMD) announced its financial position as of September 30, 2023. Total assets were $830,651,101, with total net assets at $573,435,283. NAV per share of common stock was $9.65, and market price per share was $8.30. The fund reported a net decrease in net assets from operations of $14,815,249.
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Western Asset Emerging Markets Debt Fund, Inc

NYSE:EMD

EMD Rankings

EMD Stock Data

540.02M
59.39M
52.89%
0.05%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
New York

About EMD

legg mason and franklin templeton are now one firm. on friday, august 14th, this legg mason page will become inactive. please follow the @franklintempleton company page to continue to receive updates and insights: https://www.linkedin.com/company/franklin-templeton