Legg Mason Partners Fund Advisor, LLC Announces Distributions of Western Asset Emerging Markets Debt Fund Inc., for June, July and August Payable July 1, 2020, August 3, 2020 and September 1, 2020 Respectively
May 19, 2020 at 05:30 pm IST
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Legg Mason Western Asset Emerging Markets Debt Fund Inc. announced distribution of $0.10000 per share for the month of June, July and August 2020. The dividend will be payable on July 1, 2020, August 3, 2020 and September 1, 2020 with record date as June 23, 2020, July 24, 2020 and August 24, 2020 and ex-dividend date as June 22, 2020, July 23, 2020 and August 21, 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.
Legg Mason Partners Fund Advisor, LLC Announces Distributions of Western Asset Emerging Markets Debt Fund Inc., for June, July and August Payable July 1, 2020, August 3, 2020 and September 1, 2020 Respectively