Western Asset Emerging Markets Debt Fund Inc. (EMD)

NYSE: EMD · Real-Time Price · USD
10.09
+0.07 (0.70%)
Dec 3, 2024, 2:13 PM EST - Market open
0.70%
Market Value 589.70M
Revenue (ttm) 67.14M
Net Income (ttm) 70.52M
Shares Out 58.44M
EPS (ttm) 1.21
PE Ratio 8.30
Forward PE n/a
Dividend $1.02 (10.12%)
Ex-Dividend Date Nov 21, 2024
Volume 154,306
Open 10.06
Previous Close 10.02
Day's Range 10.06 - 10.10
52-Week Range 8.85 - 10.33
Beta 0.89
Analysts n/a
Price Target n/a
Earnings Date n/a

About EMD

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. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employ... [Read more]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSE
Ticker Symbol EMD
Full Company Profile

News

CEF Weekly Review: Emerging Market Debt Remains A Tricky Income Holding

We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality ...

Other symbols: MMDMUINCVNCZPCF
2 days ago - Seeking Alpha

WESTERN ASSET EMERGING MARKETS DEBT FUND INC. Announces Results of Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

6 weeks ago - Business Wire

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 performa...

3 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 Kev...

6 months ago - Business Wire

Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of March 31, 2024

NEW YORK--(BUSINESS WIRE)--Category: Financials.

6 months ago - Business Wire

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.

Other symbols: AWF
8 months ago - Forbes

Franklin Templeton Closed-End Funds Announce Share Repurchases for the Fourth Quarter of 2023

Share Repurchases seek to enhance shareholder value by purchasing the Fund's shares when trading at a discount to the Fund's net asset value (“NAV”) per share. All repurchased shares are canceled and ...

Other symbols: EMFTEI
11 months ago - Business Wire

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 bon...

11 months ago - Seeking Alpha

Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss

Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss

11 months ago - Seeking Alpha

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 ha...

1 year ago - Seeking Alpha

Franklin Templeton Closed-End Funds Announce Share Repurchases for the Third Quarter of 2023

NEW YORK--(BUSINESS WIRE)--Category: Corporate Action.

1 year ago - Business Wire

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 distributi...

1 year ago - Seeking Alpha

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, ...

1 year ago - Business Wire

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of March, April and May 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 ...

Other symbols: BWGSCD
1 year ago - Business Wire

EMD: Fade The Rally

EMD is an emerging markets debt closed-end fund. The vehicle has rallied substantially since the October lows, now being up over +30%.

1 year ago - Seeking Alpha

The 'High-High-Low' Closed-End Fund Report, December 2022

Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

2 years ago - Seeking Alpha

'High-High-Low' Closed-End Fund Report, November 2022

Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Other symbols: ARDCBGBBGHBGXBWGDCFDSL
2 years ago - Seeking Alpha

Quality Closed-End Fund Report, November 2022

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

Other symbols: ARDCBFZBGHBSLBWGCEVCXH
2 years ago - Seeking Alpha

Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of September 30, 2022

NEW YORK--(BUSINESS WIRE)--Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) today announced the financial position of the Fund as of September 30, 2022.

2 years ago - Business Wire

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of December 2022, January and February 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 month...

Other symbols: BWGSCD
2 years ago - Business Wire

Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director

The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independen...

Other symbols: BWGDMOEHIEMOGDOHIOHIX
2 years ago - Business Wire

Spotting Opportunities And Risks Across The EM Investment Universe

In emerging markets valuations look attractive today after the losses across financial markets early this year. PIMCO's investment process is founded upon our macroeconomic outlook and our in-house co...

2 years ago - Seeking Alpha