Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Monthly Dividend of $0.10 on December 31st

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Thursday, November 20th. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.095 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Western Asset Emerging Markets Debt Fund Stock Up 0.2%

Shares of NYSE EMD opened at $10.86 on Friday. Western Asset Emerging Markets Debt Fund has a 1-year low of $8.56 and a 1-year high of $10.89. The business’s fifty day moving average price is $10.52 and its two-hundred day moving average price is $10.30.

About Western Asset Emerging Markets Debt Fund

Western Asset Emerging Markets Debt Fund Inc (NYSE: EMD) is a closed-end management investment company launched in December 2004 and managed by Western Asset Management Company, a global fixed-income specialist. The fund seeks to provide a high level of current income by investing primarily in debt securities issued by sovereign, quasi-sovereign and corporate issuers in emerging markets. Its diversified approach combines top-down macroeconomic analysis with bottom-up credit research to identify attractive risk-adjusted opportunities across developing economies.

EMD’s portfolio spans a wide range of instruments, including sovereign government bonds, supranational obligations, corporate credits and other fixed-income securities.