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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be given a dividend of 0.033 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, July 24th.

Western Asset Emerging Markets Debt Fund Trading Down 0.6%

Shares of NYSE EMD traded down $0.06 during midday trading on Thursday, hitting $10.69. 127,283 shares of the stock traded hands, compared to its average volume of 238,516. Western Asset Emerging Markets Debt Fund has a one year low of $9.41 and a one year high of $11.30. The business has a 50 day moving average price of $10.44 and a two-hundred day moving average price of $10.65.

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.