Summary
9.90 0.09(0.92%)09/13/2024
Western Asset Emerging Markets Debt Fund Inc (EMD)
Western Asset Emerging Markets Debt Fund Inc (EMD)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.92 | -0.36 | 1.50 | 3.11 | 6.47 | 10.30 | 48.63 | -31.12 |
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| Trading Data | ||
| Close | 9.90 | |
| Open | 9.84 | |
| High | 9.90 | |
| Low | 9.83 | |
| Volume | 157,063 | |
| Change | 0.09 | |
| Change % | 0.92 | |
| Avg Volume (20 Days) | 169,233 | |
| Volume/Avg Volume (20 Days) Ratio | 0.93 | |
| 52 Week Range | 7.85 - 9.98 | |
| Price vs 52 Week High | -0.80% | |
| Price vs 52 Week Low | 26.11% | |
| Range | -0.86 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 588 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 0.00 | |
08/30 08:35 EST - seekingalpha.com
EMD: Analyzing This Fund's Changes In The Semi-Annual Report
The Western Asset Emerging Markets Debt Fund offers a high yield of 10.34%, making it attractive for income-focused investors, especially during periods of a declining U.S. dollar. The fund's performance has been strong, with a 6.00% total return over the past three months, outperforming key bond indices. The Fund includes a floating-rate loan made to the government of Tanzania that could pose risks.
EMD: Analyzing This Fund's Changes In The Semi-Annual Report
The Western Asset Emerging Markets Debt Fund offers a high yield of 10.34%, making it attractive for income-focused investors, especially during periods of a declining U.S. dollar. The fund's performance has been strong, with a 6.00% total return over the past three months, outperforming key bond indices. The Fund includes a floating-rate loan made to the government of Tanzania that could pose risks.
06/05 18:11 EST - seekingalpha.com
EMD: Not Enough Foreign Currency Exposure For My Liking
Western Asset Emerging Markets Debt Fund Inc offers a high yield of 10.75%, which is lower than many peers in the emerging markets debt sector. The fund has outperformed both the emerging markets bond index and domestic investment-grade bonds over the past six months. The fund's primary investment objective is to provide a high level of current income by investing in fixed-income securities issued by governments and corporations in emerging markets.
EMD: Not Enough Foreign Currency Exposure For My Liking
Western Asset Emerging Markets Debt Fund Inc offers a high yield of 10.75%, which is lower than many peers in the emerging markets debt sector. The fund has outperformed both the emerging markets bond index and domestic investment-grade bonds over the past six months. The fund's primary investment objective is to provide a high level of current income by investing in fixed-income securities issued by governments and corporations in emerging markets.
06/03 16:00 EST - businesswire.com
Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective June 3, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Mark Hughes Kevin Ritter Also as of June 3, 2024, Chia-Liang (CL) Lian is no longer a portfolio manager of the Fund. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. For more information about.
Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective June 3, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Mark Hughes Kevin Ritter Also as of June 3, 2024, Chia-Liang (CL) Lian is no longer a portfolio manager of the Fund. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. For more information about.
05/23 08:00 EST - businesswire.com
Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
05/20 07:18 EST - https://www.defenseworld.net
Western Asset Emerging Markets Debt Fund Inc. (EMD) To Go Ex-Dividend on May 22nd
Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) declared a monthly dividend on Tuesday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of 0.0845 per share on Monday, June 3rd. This represents a $1.01 annualized dividend and a dividend yield of 10.88%. The ex-dividend date is Wednesday, May 22nd. Western Asset Emerging Markets Debt Fund has increased its dividend by an average of 14.4% per year over the last three years. Western Asset Emerging Markets Debt Fund Price Performance Shares of EMD stock opened at $9.32 on Monday. Western Asset Emerging Markets Debt Fund has a one year low of $7.85 and a one year high of $9.67. The company’s 50-day moving average is $9.26 and its 200 day moving average is $9.10. Western Asset Emerging Markets Debt Fund Company Profile (Get Free Report) Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.
Western Asset Emerging Markets Debt Fund Inc. (EMD) To Go Ex-Dividend on May 22nd
Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) declared a monthly dividend on Tuesday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of 0.0845 per share on Monday, June 3rd. This represents a $1.01 annualized dividend and a dividend yield of 10.88%. The ex-dividend date is Wednesday, May 22nd. Western Asset Emerging Markets Debt Fund has increased its dividend by an average of 14.4% per year over the last three years. Western Asset Emerging Markets Debt Fund Price Performance Shares of EMD stock opened at $9.32 on Monday. Western Asset Emerging Markets Debt Fund has a one year low of $7.85 and a one year high of $9.67. The company’s 50-day moving average is $9.26 and its 200 day moving average is $9.10. Western Asset Emerging Markets Debt Fund Company Profile (Get Free Report) Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.
04/27 09:17 EST - 247wallst.com
How To Generate $15,000 in Dividend Income in 2024
Stock #3: Abrdn World Healthcare Fund (NYSE: THW) Yield: 12.88% Shares for $20,000: 1,586 Annual Passive Income: ~$2,576 Formerly known as the Tekla World Healthcare Fund until it was acquired by Abrdn Inc.
How To Generate $15,000 in Dividend Income in 2024
Stock #3: Abrdn World Healthcare Fund (NYSE: THW) Yield: 12.88% Shares for $20,000: 1,586 Annual Passive Income: ~$2,576 Formerly known as the Tekla World Healthcare Fund until it was acquired by Abrdn Inc.
03/27 09:55 EST - forbes.com
These Special Bonds Will Crush AI Stocks For The Rest Of 2024
Here's a wild prediction for the rest of 2024: “sleepy” (but very high yielding) emerging-market bonds will clobber today's high-flying AI stocks.
These Special Bonds Will Crush AI Stocks For The Rest Of 2024
Here's a wild prediction for the rest of 2024: “sleepy” (but very high yielding) emerging-market bonds will clobber today's high-flying AI stocks.
03/01 08:00 EST - businesswire.com
Western Asset Emerging Markets Debt Fund Inc. (EMD or “the Fund”; CUSIP: 95766A101) Announces Notification of Sources of Distributions
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.
Western Asset Emerging Markets Debt Fund Inc. (EMD or “the Fund”; CUSIP: 95766A101) Announces Notification of Sources of Distributions
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.
01/14 09:47 EST - seekingalpha.com
EMD: Strong Emerging Market Debt CEF, 11.0% Yield, 12.5% Discount
EMD offers a strong 11.0% distribution yield and a 12.5% discount to NAV, making it an attractive investment. EMD's distribution coverage ratio has improved, and the fund has outperformed relevant bond indexes since mid-2022. While EMD is a buy, it is still considered a relatively risky fund due to factors such as credit risk and leverage.
EMD: Strong Emerging Market Debt CEF, 11.0% Yield, 12.5% Discount
EMD offers a strong 11.0% distribution yield and a 12.5% discount to NAV, making it an attractive investment. EMD's distribution coverage ratio has improved, and the fund has outperformed relevant bond indexes since mid-2022. While EMD is a buy, it is still considered a relatively risky fund due to factors such as credit risk and leverage.
12/06 11:52 EST - seekingalpha.com
EMD: This Emerging Markets Debt CEF Can Add Diversification To A Portfolio
Western Asset Emerging Markets Debt Fund Inc offers income-focused investors the opportunity to diversify their portfolios with high-yielding emerging market sovereign debt. The EMD closed-end fund has outperformed other bond ETFs and indices year-to-date, delivering an 8.46% total return. The EMD fund invests in a mix of sovereign and quasi-sovereign bonds, with a focus on investment-grade securities and a reasonable level of leverage.
EMD: This Emerging Markets Debt CEF Can Add Diversification To A Portfolio
Western Asset Emerging Markets Debt Fund Inc offers income-focused investors the opportunity to diversify their portfolios with high-yielding emerging market sovereign debt. The EMD closed-end fund has outperformed other bond ETFs and indices year-to-date, delivering an 8.46% total return. The EMD fund invests in a mix of sovereign and quasi-sovereign bonds, with a focus on investment-grade securities and a reasonable level of leverage.
10/13 08:00 EST - businesswire.com
Franklin Templeton Closed-End Funds Announce Share Repurchases for the Third Quarter of 2023
NEW YORK--(BUSINESS WIRE)--Category: Corporate Action.
Franklin Templeton Closed-End Funds Announce Share Repurchases for the Third Quarter of 2023
NEW YORK--(BUSINESS WIRE)--Category: Corporate Action.
08/04 14:42 EST - seekingalpha.com
EMD: Consider After A Credit Dislocation
Western Asset Emerging Markets Debt Fund Inc primarily invests in debt instruments issued by emerging market economies, focusing on both sovereign and corporate debt. The fund offers a high distribution yield of 7 to 11 percent, employs leverage to enhance returns, and has well-diversified holdings across different emerging economies, sectors, and credit ratings. The fund's historical performance has been mixed, and investing carries risks such as rate and spread risk, investment grade risk, and leverage risk. However, it presents a high-yield opportunity for investors.
EMD: Consider After A Credit Dislocation
Western Asset Emerging Markets Debt Fund Inc primarily invests in debt instruments issued by emerging market economies, focusing on both sovereign and corporate debt. The fund offers a high distribution yield of 7 to 11 percent, employs leverage to enhance returns, and has well-diversified holdings across different emerging economies, sectors, and credit ratings. The fund's historical performance has been mixed, and investing carries risks such as rate and spread risk, investment grade risk, and leverage risk. However, it presents a high-yield opportunity for investors.
05/18 08:00 EST - businesswire.com
Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2023
NEW YORK--(BUSINESS WIRE)--Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) today announced the financial position of the Fund as of March 31, 2023. Current Q Previous Q Prior Yr Q March 31, 2023 December 31, 2022 March 31, 2022 Total Assets (a) $ 866,095,578 $ 857,397,380 $ 1,019,850,336 Total Net Assets (a) $ 603,865,350 $ 616,807,549 $ 718,230,250 NAV Per Share of Common Stock (b) $ 10.02 $ 10.24 $ 11.92 Market Price Per Share $ 8.59 $ 9.11 $ 10.73 Premium /.
Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2023
NEW YORK--(BUSINESS WIRE)--Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) today announced the financial position of the Fund as of March 31, 2023. Current Q Previous Q Prior Yr Q March 31, 2023 December 31, 2022 March 31, 2022 Total Assets (a) $ 866,095,578 $ 857,397,380 $ 1,019,850,336 Total Net Assets (a) $ 603,865,350 $ 616,807,549 $ 718,230,250 NAV Per Share of Common Stock (b) $ 10.02 $ 10.24 $ 11.92 Market Price Per Share $ 8.59 $ 9.11 $ 10.73 Premium /.
05/15 08:00 EST - businesswire.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to Their Managed Distribution Policy for the Months of June, July and August 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of June, July and August 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date June 6/23/2023 6/22/2023 7/3/2023 July 7/24/2023 7/21/2023 8/1/2023 August 8/24/2023 8/23/2023 9/1/2023 Ticker Fund Name Month Amount Change from Previous Distribution SCD LMP Capital and Income Fund Inc.a June $0.26000 b - BWG BrandywineGLOBAL - Global Income Opportunities June $0.08000 - Fund Inc. a July $0.08000 August $0.08000 EMD Western Asset Emerging Markets Debt Fund Inc. a June $0.07000 - July $0.07000 August $0.07000 a Please see table below for each Fund’s estimated source of distributions. b Quarterly paying distribution. Under the terms of each Fund’s managed distribution policy, each Fund seeks to maintain a consistent distribution level derived from the income and capital gains generated from the Fund’s investment portfolio. Shareholders should note that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distributions paid, the difference will be distributed from the Fund's net assets and may constitute a return of the shareholder’s capital. The Board of Directors may modify, terminate or suspend the managed distribution policy at any time. Any such modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares. Each Fund’s distributions have been set based on the current level of income generated from the Fund’s investment portfolio and accumulated income and capital gains, if any. Based on the Funds’ tax accounting records, which also factor in currency fluctuations, each Fund’s estimated source of cumulative fiscal year-to-date distributions is presented in the table below: Fund Fiscal Year End Income Short- Term Capital Gains Long- Term Capital Gains Return of Capital SCD Nov 30 37.55% - - 62.45% (a) BWG Oct 31 75.93% - - 24.07% (b) EMD Dec 31 81.76% - - 18.24% (b) The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid. This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to Their Managed Distribution Policy for the Months of June, July and August 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of June, July and August 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date June 6/23/2023 6/22/2023 7/3/2023 July 7/24/2023 7/21/2023 8/1/2023 August 8/24/2023 8/23/2023 9/1/2023 Ticker Fund Name Month Amount Change from Previous Distribution SCD LMP Capital and Income Fund Inc.a June $0.26000 b - BWG BrandywineGLOBAL - Global Income Opportunities June $0.08000 - Fund Inc. a July $0.08000 August $0.08000 EMD Western Asset Emerging Markets Debt Fund Inc. a June $0.07000 - July $0.07000 August $0.07000 a Please see table below for each Fund’s estimated source of distributions. b Quarterly paying distribution. Under the terms of each Fund’s managed distribution policy, each Fund seeks to maintain a consistent distribution level derived from the income and capital gains generated from the Fund’s investment portfolio. Shareholders should note that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distributions paid, the difference will be distributed from the Fund's net assets and may constitute a return of the shareholder’s capital. The Board of Directors may modify, terminate or suspend the managed distribution policy at any time. Any such modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares. Each Fund’s distributions have been set based on the current level of income generated from the Fund’s investment portfolio and accumulated income and capital gains, if any. Based on the Funds’ tax accounting records, which also factor in currency fluctuations, each Fund’s estimated source of cumulative fiscal year-to-date distributions is presented in the table below: Fund Fiscal Year End Income Short- Term Capital Gains Long- Term Capital Gains Return of Capital SCD Nov 30 37.55% - - 62.45% (a) BWG Oct 31 75.93% - - 24.07% (b) EMD Dec 31 81.76% - - 18.24% (b) The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid. This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds