Wells Fargo & Company MN lifted its stake in shares of Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) by 38.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,106,835 shares of the company’s stock after buying an additional 309,284 shares during the quarter. Wells Fargo & Company MN owned approximately 3.87% of Western Asset Emerging Mrkts Dbt Fnd worth $14,854,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its position in shares of Western Asset Emerging Mrkts Dbt Fnd by 36.4% during the third quarter. Oppenheimer & Co. Inc. now owns 24,117 shares of the company’s stock worth $323,000 after buying an additional 6,433 shares in the last quarter. Creative Planning grew its position in shares of Western Asset Emerging Mrkts Dbt Fnd by 22.0% during the third quarter. Creative Planning now owns 44,833 shares of the company’s stock worth $602,000 after buying an additional 8,098 shares in the last quarter. Finally, We Are One Seven LLC acquired a new position in shares of Western Asset Emerging Mrkts Dbt Fnd during the third quarter worth about $213,000.
Shares of Western Asset Emerging Mrkts Dbt Fnd stock opened at $12.47 on Friday. Western Asset Emerging Mrkts Dbt Fnd Inc has a one year low of $12.14 and a one year high of $16.16.
The business also recently disclosed a monthly dividend, which will be paid on Friday, February 1st. Stockholders of record on Friday, January 18th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.62%. The ex-dividend date of this dividend is Thursday, January 17th.
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Western Asset Emerging Mrkts Dbt Fnd 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.
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