Western Asset Emerging Markets Debt Fund Inc. (EMD) To Go Ex-Dividend on August 24th

by · The Cerbat Gem

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) announced a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be paid a dividend of 0.033 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Emerging Markets Debt Fund Trading Down 1.3%

Shares of NYSE:EMD opened at $10.54 on Friday. Western Asset Emerging Markets Debt Fund has a one year low of $9.41 and a one year high of $11.30. The business’s 50-day simple moving average is $10.44 and its 200 day simple moving average is $10.65.

About Western Asset Emerging Markets Debt Fund

(Get Free Report)

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.

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