Western Asset Emerg Mkts Debt Stock Price, News & Analysis

Western Asset Emerging Markets Debt Fund Inc. (EMD) has announced its distribution details for February 3, 2025. The monthly distribution of $0.0845 per share consists of 83.15% from net investment income and 16.85% from return of capital. For the fiscal year-to-date, the Fund has distributed $1.0140 per share, with 72.44% from net investment income and 27.56% from return of capital.

The Fund's performance metrics show an average annual total return of 0.83% over the five-year period, an annualized distribution rate of 9.91%, and a cumulative total return of 10.43% for the fiscal period. The Fund maintains a managed distribution policy aimed at delivering long-term total returns through regular monthly distributions, though a portion of distributions may represent a return of capital.

Western Asset Emerging Markets Debt Fund (NYSE: EMD) has announced changes to its portfolio management team, effective January 10, 2025. The new team responsible for day-to-day fund oversight will consist of Michael Buchanan, Gordon Brown, Prashant Chandran, Christopher Kilpatrick, and Rafael Zielonka.

The Fund trades on the New York Stock Exchange, and like other closed-end funds, its shares may trade at a discount to net asset value and are subject to market fluctuations. Investors can access additional information through Fund Investor Services or the Franklin Templeton website, though website content is not considered part of this announcement. Complete audited financial statements are available free upon request.

Western Asset Emerging Markets Debt Fund Inc. (EMD) has announced its distribution details for December 2024. The Fund will distribute $0.0845 per share, comprising 86.96% from net investment income and 13.04% from return of capital. For the fiscal year 2024 to date, total distributions were $0.9295 per share, with 72.16% from net investment income and 27.84% from return of capital.

The Fund's performance metrics show a 5-year average annual total return of 1.76% and an annualized distribution rate of 9.73% as of November 30, 2024. The cumulative total return for the fiscal period through November 30, 2024, was 11.48%, with a fiscal year-to-date distribution rate of 8.61%.

Western Asset Emerging Markets Debt Fund Inc. (EMD) has announced its distribution details for December 2024. The monthly distribution of $0.0845 per share consists of 73.26% from net investment income and 26.74% from return of capital. For the fiscal year-to-date, the Fund has distributed $0.8450 per share, with 67.94% from net investment income and 32.06% from return of capital. The Fund's five-year average annual total return is 1.35%, with a current annualized distribution rate of 9.49%. The cumulative total return for the fiscal period through October 31, 2024, stands at 9.59%.

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.