Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Get Free Report) announced a dividend on Wednesday, July 16th, investing.com reports. Stockholders of record on Friday, July 25th will be paid a dividend of 0.095 per share on Friday, August 1st. This represents a dividend yield of 11.26%. The ex-dividend date of this dividend is Thursday, July 24th.
Western Asset Emerging Markets Debt Fund Stock Down 0.5%
Western Asset Emerging Markets Debt Fund stock traded down $0.05 during midday trading on Thursday, hitting $10.07. 196,156 shares of the stock were exchanged, compared to its average volume of 200,471. Western Asset Emerging Markets Debt Fund has a 52-week low of $8.56 and a 52-week high of $10.33. The business's 50-day moving average price is $9.83 and its 200-day moving average price is $9.70.
Hedge Funds Weigh In On Western Asset Emerging Markets Debt Fund
A hedge fund recently raised its stake in Western Asset Emerging Markets Debt Fund stock. NewEdge Advisors LLC raised its holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,651 shares of the company's stock after purchasing an additional 1,464 shares during the quarter. NewEdge Advisors LLC owned 0.32% of Western Asset Emerging Markets Debt Fund worth $916,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 33.05% of the company's stock.
About Western Asset Emerging Markets Debt Fund
(
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.
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