Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) to Issue Monthly Dividend of $0.03

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.033 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Western Asset Emerging Markets Debt Fund Stock Down 0.6%

Shares of NYSE:EMD traded down $0.06 during trading on Thursday, hitting $10.69. The stock had a trading volume of 127,283 shares, compared to its average volume of 238,516. Western Asset Emerging Markets Debt Fund has a 12 month low of $9.41 and a 12 month high of $11.30. The firm’s fifty day moving average is $10.44 and its 200 day moving average is $10.65.

Western Asset Emerging Markets Debt Fund Company Profile

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.