EMD News

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy.

Western Asset Emerging Markets Debt Fund Inc. (the "Fund") announced today that the 2020 Annual Meeting of Stockholders (the "Meeting") of the Fund originally scheduled for Friday, April 17, 2020 at 10:00 a.m. Eastern Time has been postponed. The Board of Directors of the Fund will set a new record date for determining stockholders entitled to vote at the postponed Meeting. The Fund will provide notice to stockholders with the new record date and the date, time and place of the postponed Meeting pursuant to the Fund’s bylaws and applicable law.

Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) today announced the financial position of the Fund as of March 31, 2020.

Western Asset Emerging Markets Debt Fund (EMD) holds 290 bonds issued by governments like Peru, Indonesia and Colombia. (How's that for one-click diversification and convenience?) All together, the bonds pay an average of 6.4%, asserts Brett Owens, closed-end fund specialist and editor of Contrarian Outlook.