Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,119,355 shares of the company’s stock after selling 27,071 shares during the period. Allspring Global Investments Holdings LLC owned about 3.91% of Western Asset Emerging Markets Debt Fund worth $10,768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of EMD. International Assets Investment Management LLC boosted its stake in shares of Western Asset Emerging Markets Debt Fund by 918.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,108 shares of the company’s stock valued at $600,000 after buying an additional 5,508 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Western Asset Emerging Markets Debt Fund in the third quarter worth approximately $104,000. Moloney Securities Asset Management LLC lifted its position in shares of Western Asset Emerging Markets Debt Fund by 23.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 52,638 shares of the company’s stock worth $536,000 after purchasing an additional 10,141 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Western Asset Emerging Markets Debt Fund by 13.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 24,356 shares of the company’s stock worth $248,000 after purchasing an additional 2,844 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its position in shares of 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 worth $21,419,000 after purchasing an additional 125,714 shares during the last quarter. Hedge funds and other institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

EMD stock opened at $9.97 on Tuesday. Western Asset Emerging Markets Debt Fund Inc. has a fifty-two week low of $8.89 and a fifty-two week high of $10.33. The business has a 50 day moving average price of $9.83 and a 200 day moving average price of $9.89.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Monday, January 27th were given a $0.0875 dividend. The ex-dividend date was Friday, January 24th. This represents a yield of 10.66%.

Western Asset Emerging Markets Debt Fund Company Profile

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.