Western Asset Emerg Mkts Debt Stock Price, News & Analysis

Franklin Templeton Fund Adviser has announced distributions for certain closed-end funds for December 2024, January and February 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) will distribute $0.08000 per share monthly, while Western Asset Emerging Markets Debt Fund (EMD) will distribute $0.08750, reflecting a $0.00300 increase. BWG's fiscal year-to-date distributions are estimated to come from 67.43% income and 32.57% return of capital. The distributions will be paid on December 31, 2024, February 3, 2025, and March 3, 2025, respectively.

Western Asset Emerging Markets Debt Fund (NYSE: EMD) has released its financial position for September 30, 2024. The fund's total assets reached $854,396,991, with total net assets of $634,467,661. The NAV per share increased to $10.86, while the market price per share rose to $10.18. The fund reported a total net investment income of $11,233,643 and a total net realized/unrealized gain of $31,987,980 for the quarter. The fund's discount to NAV improved to -6.26% from the previous quarter's -10.22%. Outstanding shares stood at 58,443,565, with earnings per share of $0.74 for the quarter.

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] announced its October distribution of $0.0845 per share, comprising 67.51% from net investment income and 32.49% from return of capital. For fiscal year 2024 to date, the Fund has distributed $0.7605 per share, with 66.71% from net investment income and 33.29% from return of capital. The Fund's five-year average annual total return through September 30, 2024, was 1.62%, with an annualized distribution rate of 9.34%. The Fund maintains a managed distribution policy to deliver long-term total return potential through monthly distributions.

Western Asset Emerging Markets Debt Fund (NYSE: EMD) announced the results of its annual stockholders' meeting held on October 18, 2024. Carol L. Colman, Daniel P. Cronin, and Paolo M. Cucchi were elected as Class I Directors to serve until 2027. Stockholders also ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accountants for the fiscal year ending December 31, 2024. The Fund is a non-diversified closed-end management investment company managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company, and its affiliates.

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) has announced its distribution details for October 1, 2024, and fiscal year 2024. The Fund's estimated sources of distribution include:

- September monthly distribution: $0.0845 per share
- 66.73% from net investment income
- 33.27% return of capital

For the fiscal year-to-date:

- Total distribution: $0.6760 per share
- 66.61% from net investment income
- 33.39% return of capital

The Fund's performance metrics as of August 31, 2024, include:

- 5-year average annual total return: 1.14%
- Annualized distribution rate: 9.49%
- Cumulative total return (fiscal period): 7.78%
- Cumulative fiscal year-to-date distribution rate: 6.33%

EMD has a managed distribution policy aiming to deliver long-term total return potential through regular monthly distributions.

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) has announced its distribution details for September 3, 2024, and fiscal year 2024. The Fund's August monthly distribution of $0.0845 per share comprises 77.66% from net investment income and 22.34% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.5915 per share consists of 74.40% net investment income and 25.60% return of capital.

The Fund's performance metrics show an average annual total return of -0.10% over the past 5 years, an annualized distribution rate of 9.65%, and a cumulative total return of 5.23% for the current fiscal period. EMD operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.

Franklin Templeton Fund Adviser, has announced distributions for certain closed-end funds for September, October, and November 2024. The funds include BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG), LMP Capital and Income Fund Inc. (SCD), and Western Asset Emerging Markets Debt Fund Inc. (EMD). BWG will distribute $0.08000 per share each month.

The distributions are part of the funds' managed distribution policy, aiming to maintain consistent distribution levels from income, capital gains, and potentially return of capital. For BWG, the estimated source of distributions for the fiscal year-to-date is 55.04% from income and 44.96% from return of capital. Shareholders are advised not to draw conclusions about fund performance from these distributions.

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) has announced its distribution sources for August 1, 2024, and the fiscal year 2024 to date. The Fund's July monthly distribution of $0.0845 per share comprises 66.24% from net investment income and 33.76% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.5070 per share follows the same allocation pattern.

The Fund's performance metrics show an average annual total return of -0.27% over the past 5 years, an annualized distribution rate of 9.78%, and a cumulative total return of 2.99% for the current fiscal period. EMD operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.

Western Asset Emerging Markets Debt Fund (EMD) has announced the sources of its distributions for the fiscal year 2024. The distribution to be paid on July 1, 2024, includes $0.0845 per share, comprising 67.21% net investment income and 32.79% return of capital. Cumulative distributions for the fiscal year-to-date total $0.4225 per share with similar allocations.

The fund has distributed more than its income and net realized capital gains, resulting in a return of capital, which should not be confused with yield or income. The actual amounts will be detailed in the Form 1099-DIV for tax purposes.

Performance metrics include a 0.72% average annual total return over five years, a 9.70% annualized distribution rate, a 2.95% cumulative total return, and a 4.04% cumulative fiscal year-to-date distribution rate. The Board may alter the distribution policy, potentially impacting the share price.