Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) to Issue Monthly Dividend of $0.08

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Tuesday, August 6th, NASDAQ reports. Investors of record on Monday, September 23rd will be given a dividend of 0.0845 per share on Tuesday, October 1st. This represents a $1.01 annualized dividend and a yield of 10.00%. The ex-dividend date is Monday, September 23rd.

Western Asset Emerging Markets Debt Fund Price Performance

NYSE:EMD opened at $10.14 on Friday. Western Asset Emerging Markets Debt Fund has a 1-year low of $7.85 and a 1-year high of $10.18. The business’s fifty day moving average price is $9.81 and its 200 day moving average price is $9.50.

About Western Asset Emerging Markets Debt Fund

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.