Western Asset Emerging Markets Debt Fund Inc. Announces Distributions for March, April and May 2020, Payable on April 01, 2020, May 1, 2020 and June 1, 2020 Respectively
February 19, 2020 at 08:00 am
Share
Western Asset Emerging Markets Debt Fund Inc. announced distribution of $0.10 per share for the month of March, April and May 2020. The dividend will be payable on April 01, 2020, May 1, 2020 and June 1, 2020 with record date as March 24, 2020, April 23, 2020 and May 21, 2020 and ex-dividend date as March 23, 2020, April 22, 2020 and May 20, 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.
Western Asset Emerging Markets Debt Fund Inc. Announces Distributions for March, April and May 2020, Payable on April 01, 2020, May 1, 2020 and June 1, 2020 Respectively