Western Asset Emerging Markets Debt Fund Inc. $EMD Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 9.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 933,126 shares of the company’s stock after selling 91,754 shares during the quarter. Allspring Global Investments Holdings LLC owned about 3.26% of Western Asset Emerging Markets Debt Fund worth $9,919,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EMD. Penserra Capital Management LLC lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 20.4% during the third quarter. Penserra Capital Management LLC now owns 623,598 shares of the company’s stock worth $6,435,000 after buying an additional 105,855 shares during the period. Raymond James Financial Inc. increased its position in shares of Western Asset Emerging Markets Debt Fund by 38.1% in the 3rd quarter. Raymond James Financial Inc. now owns 491,657 shares of the company’s stock valued at $5,074,000 after acquiring an additional 135,673 shares during the period. Bank of America Corp DE increased its position in shares of Western Asset Emerging Markets Debt Fund by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 433,984 shares of the company’s stock valued at $4,362,000 after acquiring an additional 24,936 shares during the period. Ameriprise Financial Inc. raised its stake in Western Asset Emerging Markets Debt Fund by 4.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 375,396 shares of the company’s stock worth $3,868,000 after acquiring an additional 16,072 shares during the last quarter. Finally, Guggenheim Capital LLC raised its stake in Western Asset Emerging Markets Debt Fund by 14.3% in the 2nd quarter. Guggenheim Capital LLC now owns 270,825 shares of the company’s stock worth $2,722,000 after acquiring an additional 33,845 shares during the last quarter. 33.05% of the stock is currently owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Stock Down 0.1%

Shares of EMD opened at $9.86 on Monday. The stock has a 50-day moving average of $10.65 and a two-hundred day moving average of $10.59. Western Asset Emerging Markets Debt Fund Inc. has a one year low of $8.56 and a one year high of $11.30.

Western Asset Emerging Markets Debt Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%.

Western Asset Emerging Markets Debt Fund Profile

Western Asset Emerging Markets Debt Fund Inc (NYSE: EMD) is a closed-end management investment company launched in December 2004 and managed by Western Asset Management Company, a global fixed-income specialist. The fund seeks to provide a high level of current income by investing primarily in debt securities issued by sovereign, quasi-sovereign and corporate issuers in emerging markets. Its diversified approach combines top-down macroeconomic analysis with bottom-up credit research to identify attractive risk-adjusted opportunities across developing economies.

EMD’s portfolio spans a wide range of instruments, including sovereign government bonds, supranational obligations, corporate credits and other fixed-income securities.