Western Asset Emerging Markets Debt Fund Inc. (EMD)
NYSE: EMD · IEX Real-Time Price · USD
9.41
+0.08 (0.86%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Company Description

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 employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio.

It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global.

The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.

Western Asset Emerging Markets Debt Fund Inc.
Country United States
Founded 2003
Industry Asset Management
Sector Financials
CEO Ms. Jane Elizabeth Trust CFA

Contact Details

Address:
620 Eighth Avenue, 47th Floor
New York, New York 10018
United States
Phone (888) 777-0102

Stock Details

Ticker Symbol EMD
Exchange NYSE
Reporting Currency USD
CIK Code 0001227862
CUSIP Number 95766A101
ISIN Number US95766A1016