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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a monthly dividend on Thursday, May 14th. Stockholders 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 3.7%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE:EMD opened at $10.60 on Friday. The business’s 50 day simple moving average is $10.61 and its 200-day simple moving average is $10.60. Western Asset Emerging Markets Debt Fund has a 12 month low of $9.60 and a 12 month high of $11.30.

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.