Legg Mason Partners Fund Advisor, LLC Announces Distributions of Western Asset Emerging Markets Debt Fund Inc., for September 2020, October 2020 and November 2020, Payable October 1, 2020, November 1, 2020 and December 1, 2020, Respectively
August 19, 2020 at 09:05 pm
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Legg Mason Western Asset Emerging Markets Debt Fund Inc. announced distribution of $0.09500 per share for the month of September 2020, October 2020 and November 2020. Record Date is September 23, 2020, October 23, 2020 and November 20, 2020, respectively. Ex-Dividend Date is September 22, 2020, October 22, 2020 and November 19, 2020, respectively. Dividend will be paid on October 1, 2020, November 1, 2020 and December 1, 2020, respectively.
Western Asset Emerging Markets Debt Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek high current income and its secondary objective is to seek capital appreciation. It invests primarily in United States (U.S.) dollar and non-U.S. dollar denominated debt securities of issuers in emerging market countries. Under normal market conditions, the Fund invests at least 80% of its managed assets in debt securities of issuers in emerging market countries. The Fund may invest up to 20% of its managed assets in non-debt securities and non-emerging market issuers, including equity securities. It may invest in securities denominated in currencies of emerging market countries. The Fund seeks to maintain an average portfolio duration between 20% above and 20% below the average duration of the JPMorgan Emerging Markets Bond Index Global Diversified. Its investment manager is Legg Mason Partners Fund Advisor, LLC.
Legg Mason Partners Fund Advisor, LLC Announces Distributions of Western Asset Emerging Markets Debt Fund Inc., for September 2020, October 2020 and November 2020, Payable October 1, 2020, November 1, 2020 and December 1, 2020, Respectively