STOCK TITAN

Western Asset Emerging Markets Debt Fund Inc. (EMD or “the Fund”; CUSIP: 95766A101) Announces Notification of Sources of Distributions

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

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.

Il Western Asset Emerging Markets Debt Fund Inc. (EMD) ha annunciato le fonti delle distribuzioni per il 1 maggio 2024 e per l'anno fiscale 2024. Il fondo distribuirà $0.0845 per azione per aprile, con ritorni di capitale che rappresentano il 41.62% della distribuzione totale. Gli azionisti non dovrebbero valutare le prestazioni del fondo basandosi solo sulle distribuzioni. Il fondo potrebbe aver distribuito più dei suoi introiti e guadagni di capitale. Gli importi effettivi per la dichiarazione fiscale possono variare. I dati di rendimento del fondo mostrano un ritorno totale annuo medio quinquennale dello 0.77% e un tasso di distribuzione annualizzato del 9.52% al 31 marzo 2024. Il fondo segue una politica di distribuzione gestita che potrebbe influenzare i prezzi di mercato se sospesa o terminata.
Western Asset Emerging Markets Debt Fund Inc. (EMD) anuncia las fuentes de distribuciones para el 1 de mayo de 2024 y el año fiscal 2024. El fondo distribuirá $0.0845 por acción para abril, con retornos de capital que constituyen el 41.62% de la distribución total. Los accionistas no deben juzgar el rendimiento del fondo solo por las distribuciones. El fondo pudo haber distribuido más de sus ingresos y ganancias de capital. Las cantidades reales de declaración fiscal pueden variar. Los indicadores de rendimiento del fondo muestran un retorno total medio anual de cinco años del 0.77% y una tasa de distribución anualizada del 9.52% al 31 de marzo de 2024. El fondo tiene una política de distribución gestionada que podría afectar los precios de mercado si se suspende o termina.
Western Asset Emerging Markets Debt Fund Inc. (EMD)는 2024년 5월 1일과 2024 회계 연도의 배당금 출처를 발표했습니다. 이 펀드는 4월에 주당 $0.0845를 배당할 예정이며, 자본 수익은 총 배당금의 41.62%를 차지합니다. 주주들은 배당금만으로 펀드의 성과를 판단해서는 안 됩니다. 펀드는 수입과 자본 이득보다 더 많은 배당을 할 수 있습니다. 실제 세금 보고 금액은 달라질 수 있습니다. 펀드의 성과 지표에 따르면 5년 평균 연간 총 수익률은 0.77%이며, 2024년 3월 31일 기준 연간화 배당률은 9.52%입니다. 펀드는 시장 가격에 영향을 줄 수 있는 관리된 배당 정책을 가지고 있으며, 이 정책이 중단되거나 종료될 경우 시장 가격에 영향을 줄 수 있습니다.
Le Western Asset Emerging Markets Debt Fund Inc. (EMD) annonce les sources de distributions pour le 1er mai 2024 et pour l'année fiscale 2024. Le fonds distribuera 0,0845 $ par action pour avril, les retours en capital représentant 41,62 % de la distribution totale. Les actionnaires ne devraient pas juger la performance du fonds uniquement sur les distributions. Le fonds a pu distribuer plus que ses revenus et plus-values. Les montants réels pour les déclarations fiscales peuvent varier. Les indicateurs de performance du fonds montrent un retour total moyen annuel sur cinq ans de 0,77 % et un taux de distribution annualisé de 9,52 % au 31 mars 2024. Le fonds a une politique de distribution gérée qui pourrait affecter les prix du marché si elle est suspendue ou terminée.
Der Western Asset Emerging Markets Debt Fund Inc. (EMD) gibt die Quellen für die Ausschüttungen für den 1. Mai 2024 und das Geschäftsjahr 2024 bekannt. Der Fonds wird für April 0,0845 $ pro Aktie ausschütten, wobei Kapitalrückzahlungen 41.62% der gesamten Ausschüttung ausmachen. Aktionäre sollten die Leistung des Fonds nicht allein anhand der Ausschüttungen beurteilen. Der Fonds könnte mehr als seine Einnahmen und Kapitalgewinne ausgeschüttet haben. Die tatsächlichen Beträge für die Steuererklärung können variieren. Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von 0.77% über fünf Jahre und eine annualisierte Ausschüttungsquote von 9.52% zum 31. März 2024. Der Fonds verfolgt eine verwaltete Ausschüttungspolitik, die die Marktpreise beeinflussen könnte, wenn sie ausgesetzt oder beendet wird.
Positive
  • None.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]

Notification of Sources of Distributions
Pursuant to Section 19(a) of the Investment Company Act of 1940

The Fund’s estimated sources of the distribution to be paid on May 1, 2024, and for the fiscal year 2024 year-to-date are as follows:

Estimated Allocations for the April Monthly Distribution as of March 31, 2024:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital Gains

Return of Capital

$0.0845

$0.0493

$0.0000

$0.0000

$0.0352

100.00%

58.38%

0.00%

0.00%

41.62%

Cumulative Estimated Allocations fiscal year-to-date as of March 31, 2024, for the fiscal year ending December 31, 2024:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital

Gains

Return of Capital

$0.2535

$0.1480

$0.0000

$0.0000

$0.1055

100.00%

58.38%

0.00%

0.00%

41.62%

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Plan. EMD estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the EMD distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect EMD’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 3/31/2024)1

Annualized Distribution Rate (as a percentage of NAV as of 3/31/2024)2

Cumulative Total Return (in relation to the change in NAV for the fiscal period through 3/31/2024)3

Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 3/31/2024)4

0.77%

9.52%

3.24%

2.38%

Fund Performance and Distribution Rate Information:

  1. Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through March 31, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  2. The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  3. Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.
  4. The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period December 31, 2023 through March 31, 2024, as a percentage of the Fund’s NAV as March 31, 2024.

This Fund has a managed distribution policy that seeks to deliver the Fund’s long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.

For further information on Western Asset Emerging Markets Debt Fund Inc., please visit our web site at:
www.franklintempleton.com/investments/options/closed-end-funds

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

Investor Contact: Fund Investor Services 1-888-777-0102

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

What is the distribution per share for the Western Asset Emerging Markets Debt Fund Inc. for April?

The distribution per share for April is $0.0845, with returns of capital making up 41.62% of the total distribution.

Should shareholders judge the fund's performance based on distributions alone?

Shareholders should not draw conclusions about the fund's investment performance solely based on the amount of distributions.

What is the fund's 5-year average annual total return?

The fund's 5-year average annual total return is 0.77% as of March 31, 2024.

What is the managed distribution policy of the Western Asset Emerging Markets Debt Fund Inc.?

The fund has a managed distribution policy that seeks to deliver long-term total return potential through regular monthly distributions at a fixed rate per common share.

Western Asset Emerging Markets Debt Fund, Inc

NYSE:EMD

EMD Rankings

EMD Latest News

EMD Stock Data

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