Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Sold by Klingman & Associates LLC

Klingman & Associates LLC lessened its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 15.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,581 shares of the company’s stock after selling 2,000 shares during the period. Klingman & Associates LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of EMD. Penserra Capital Management LLC acquired a new stake in shares of Western Asset Emerging Markets Debt Fund during the 3rd quarter valued at $4,833,000. Pathstone Holdings LLC raised its stake in Western Asset Emerging Markets Debt Fund by 6.4% during the 3rd quarter. Pathstone Holdings LLC now owns 2,103,953 shares of the company’s stock valued at $21,419,000 after purchasing an additional 125,714 shares during the period. Advisors Asset Management Inc. raised its stake in Western Asset Emerging Markets Debt Fund by 36.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 403,477 shares of the company’s stock valued at $4,107,000 after purchasing an additional 106,948 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $602,000. Finally, Apollon Wealth Management LLC acquired a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $245,000. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE:EMD opened at $9.95 on Thursday. The company’s fifty day moving average is $9.82 and its two-hundred day moving average is $9.89. Western Asset Emerging Markets Debt Fund Inc. has a 12-month low of $8.89 and a 12-month high of $10.33.

Western Asset Emerging Markets Debt Fund Announces Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Monday, January 27th were paid a dividend of $0.0875 per share. This represents a yield of 10.66%. The ex-dividend date of this dividend was Friday, January 24th.

About Western Asset Emerging Markets Debt Fund

Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.