Western Asset Emerging Markets Debt Fund Inc. Announces Monthly Distributions for the Months of June, July and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively
May 21, 2019 at 01:30 pm
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Western Asset Emerging Markets Debt Fund Inc. announced monthly distributions of $0.10000 per share for the months of June, July and August 2019. The dividend will be payable on July 1, 2019, August 1, 2019 and September 3, 2019 respectively with record date of June 21, 2019, July 19, 2019 and August 23, 2019 respectively and ex-dividend date of June 20, 2019, July 18, 2019 and August 22, 2019 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.
Western Asset Emerging Markets Debt Fund Inc. Announces Monthly Distributions for the Months of June, July and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively