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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.

Western Asset Emerging Markets Debt Fund, Inc. (Symbol: EMD) is a non-diversified closed-end management investment company with a primary focus on delivering high current income and a secondary aim of achieving capital appreciation. Managed under the umbrella of Franklin Templeton and previously Legg Mason, this fund leverages the expertise and resources from two of the most respected names in the investment world.

Western Asset Emerging Markets Debt Fund, Inc. dedicates its efforts to investing in debt securities within emerging markets, encompassing various countries and sectors. The company's disciplined investment strategy is designed to identify high-yield opportunities while managing risks effectively. This approach ensures potential growth and income for its investors.

Recent achievements include strategic investments and partnerships that enhance the fund's portfolio stability and growth potential. The fund managers continuously monitor global economic trends to adjust their investment strategies accordingly, ensuring that the fund remains resilient and capable of capitalizing on market opportunities.

Investors can expect detailed and current updates on the fund's performance, new projects, and other significant developments. For the latest news and insights, follow the @FranklinTempleton company page on LinkedIn. This integration promises a streamlined flow of information and a unified approach to fund management, benefiting from the combined strengths of Franklin Templeton and Legg Mason.

Latest News: Stay tuned with the most recent updates from Franklin Resources, Inc. and Legg Mason Closed End Funds.

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The Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) announced its distribution sources for September 1, 2022. The monthly distribution is set at $0.0800 per share. As of July 31, 2022, net investment income accounts for $0.0443 per share, with the remainder being a return of capital. The fund's fiscal year-to-date cumulative distribution totals $0.6100 per share, indicating a managed distribution policy that may include returns of capital. Shareholders are cautioned that returns of capital do not reflect investment performance.

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Legg Mason Partners Fund Advisor announced distribution declarations for its closed-end funds under a managed distribution policy for September, October, and November 2022. Key dates include record dates of September 23, October 24, and November 22, with payable dates spanning from October 3 to December 1, 2022. Specific distributions noted are for funds SCD at $0.26000, BWG at $0.09000, and EMD at $0.08000. Investors should be aware that distributions may involve a return of capital if net investment income is insufficient.

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Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) has announced its estimated sources of distributions for the fiscal year 2022, with a July monthly distribution of $0.0800 per share. As of June 30, 2022, the distribution allocations are detailed, highlighting net investment income at $0.0527 and a return of capital at $0.0273. The fund's average annual total return over five years is reported at -3.60%, while the annualized distribution rate stands at 9.69%. Shareholders are cautioned that part of the distribution may represent a return of capital, which does not reflect investment performance.

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Legg Mason Partners Fund Advisor announces distributions for closed-end funds SCD, BWG, and EMD for June, July, and August 2022. The monthly distribution amounts are set at $0.26000 for SCD and $0.09000 for BWG in June, July, and August, while EMD announces $0.08000 for each month. The funds' managed distribution policy aims to maintain consistent distribution levels; however, payouts may include return of capital if income falls short. The Board reserves the right to modify the policy, which could impact share prices.

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Legg Mason Partners Fund Advisor, LLC has announced distributions for certain closed-end funds under its managed distribution policy for March, April, and May 2022. The funds include LMP Capital and Income Fund Inc. (SCD), BrandywineGLOBAL - Global Income Opportunities (BWG), and Western Asset Emerging Markets Debt Fund Inc. (EMD). Record dates range from March 24 to May 23, with payments starting April 1 and ending June 1. The distributions are derived from each fund’s investment income and capital gains, with details on potential returns of capital made available to shareholders.

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Legg Mason Partners Fund Advisor, LLC announced that certain closed-end funds have declared distributions under their managed distribution policy. Key dates include record dates on December 23, 2021, January 24, 2022, and February 18, 2022, with payable dates on December 31, 2021, February 1, 2022, and March 1, 2022. The funds SCD, BWG, and EMD will distribute $0.26000, $0.09000, and $0.09000 respectively. It is noted that if net investment income is insufficient, distributions may come from net assets, possibly affecting capital returns.

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Legg Mason Partners Fund Advisor announced that several closed-end funds will distribute payments per their managed distribution policy. The funds' distribution schedule includes record, ex-dividend, and payable dates for September, October, and November 2021. Funds SCD, BWG, and EMD will provide distributions of $0.26000, $0.08000, and $0.09000 respectively. Shareholders should note that if net income and capital gains are less than the distributions, the difference will be drawn from net assets, potentially affecting capital. The company's board may modify this policy at any time.

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FAQ

What is the current stock price of Western Asset Emerging Markets Debt Fund (EMD)?

The current stock price of Western Asset Emerging Markets Debt Fund (EMD) is $10.26 as of October 4, 2024.

What is the market cap of Western Asset Emerging Markets Debt Fund (EMD)?

The market cap of Western Asset Emerging Markets Debt Fund (EMD) is approximately 599.6M.

What is the primary objective of Western Asset Emerging Markets Debt Fund, Inc.?

The fund's primary objective is to seek high current income.

What is the secondary objective of the fund?

The secondary objective is to seek capital appreciation.

What type of fund is Western Asset Emerging Markets Debt Fund, Inc.?

It is a non-diversified closed-end management investment company.

Which firm manages the Western Asset Emerging Markets Debt Fund, Inc.?

The fund is managed under Franklin Templeton, previously associated with Legg Mason.

Where does the fund invest?

The fund primarily invests in debt securities within emerging markets.

How does the fund manage its investments?

The fund uses a disciplined investment strategy to identify high-yield opportunities while managing risks.

How can investors stay updated with the latest news?

Investors can follow the @FranklinTempleton company page on LinkedIn for the latest updates and insights.

What recent achievements has the fund made?

Recent achievements include strategic investments and partnerships that enhance portfolio stability and growth potential.

Where can I find the latest news about the fund?

The latest news can be found through updates from Franklin Resources, Inc. and Legg Mason Closed End Funds.

What benefits does the integration with Franklin Templeton bring?

The integration brings a streamlined flow of information and a unified approach to fund management, leveraging the strengths of both companies.

Western Asset Emerging Markets Debt Fund, Inc

NYSE:EMD

EMD Rankings

EMD Stock Data

599.63M
59.39M
52.32%
0.23%
Asset Management
Financial Services
Link
United States of America
New York