Western Asset Emerging Markets Debt Fund Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. The company went IPO on 2003-12-02. 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. The company invests primarily in the United States (U.S.) dollar and non-United States dollar denominated debt securities of issuers in emerging market countries. 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. The company 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 Franklin Templeton Fund Adviser, LLC.
Follow-Up Questions
What is Western Asset Emerging Markets Debt Fund Inc (EMD)'s P/E Ratio?
The P/E ratio of Western Asset Emerging Markets Debt Fund Inc is 8.5076
Who is the CEO of Western Asset Emerging Markets Debt Fund Inc?
Ms. Jane Trust is the Chairman of the Board of Western Asset Emerging Markets Debt Fund Inc, joining the firm since 2015.
What is the price performance of EMD stock?
The current price of EMD is $10.18, it has decreased 0.06% in the last trading day.
What are the primary business themes or industries for Western Asset Emerging Markets Debt Fund Inc?
Western Asset Emerging Markets Debt Fund Inc belongs to N/A industry and the sector is N/A
What is Western Asset Emerging Markets Debt Fund Inc market cap?
Western Asset Emerging Markets Debt Fund Inc's current market cap is $591.9M
