Funds and ETFs Western Asset Emerging Markets Debt Fund Inc.

Equities

EMD

US95766A1016

Closed End Funds

Market Closed - Nyse 21:00:02 10/05/2024 BST 5-day change 1st Jan Change
9.31 USD -0.21% Intraday chart for Western Asset Emerging Markets Debt Fund Inc. +0.76% +1.09%
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.
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