Western Asset Emerg Mkts Inc:EMD

    Overview

    As of 4/17/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$12.40$13.89-10.73%
    52 Wk Avg$12.66$14.04-9.99%
    52 Wk High$15.67$15.84-1.07%
    52 Wk Low$11.36$13.34-14.84%
    Regular Distribution Type*Managed Distribution
    Distribution Rate8.23%
    Distribution Amount$0.2550
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income through investment in emerging market government debt securities

    Capital Structure

    As of 4/17/2014

    Total Net Assets:$433.771M
    Total Common Assets:$397.670M
    Common Shares Outstanding:28,629,885
    Leverage

    As of 11/30/2013

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $36.000M
    Structural Leverage (USD): $36.000M
    Structural Leverage (%): 8.44%
    Effective Leverage (USD): $36.000M
    Effective Leverage (%): 8.44%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 5/31/2013

      Per Common Share
    Management Fees1.05%
    Other Expenses:0.13%
    Baseline Expense: 1.18%
    Interest Expense:0.01%
    Total: 1.19%

    Fund Management

    Fund Sponsor
    Legg Mason Partners Fund Advisors, LLC

    Portfolio Managers
    James E Craige (01 Aug 2006) / Peter J Wilby (01 Aug 2006)

    Basics
    Category:Non-US/Other-Emerging Market Income
    Ticker:EMD
    NAV Ticker:XEMDX
    Average Daily Volume (shares):121,000
    Average Daily Volume (USD):$1.504M
    Inception Date:6/25/1993
    Inception Share Price:$15.00
    Inception NAV:$14.01
    Tender Offer:No
    Term:No
    Fiscal Year End:May 31
    Third Party Links & Reports

    Distributions

    As of 4/17/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 2/28/2014
    $0.0656
    Annualized Distribution Rate on NAV:
    As of 4/17/2014
    7.34%
    Total Return on NAV (12 months):
    As of 4/17/2014
    -4.11%
    Avg. UNII Per Share:
    As of 2/28/2014
    $0.3968
    Avg. Portfolio Coupon:
    As of 4/17/2014
    6.70%
    Total % Portfolio Effectively Leveraged:
    As of 4/17/2014
    8.44%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/17/2014

    PeriodAvg Discount
    6 Month-12.20%
    1 Year-9.99%
    3 Year-6.34%
    5 Year-8.47%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/17/2014
    Category: Emerging Market Income Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.96%4.99%5.95%4.90%
    2013-16.51%-8.56%-9.52%-5.50%
    201222.05%15.93%23.64%21.98%
    201110.05%6.46%1.27%-0.55%
    201014.06%13.05%20.72%17.62%
    200967.36%42.14%63.84%41.77%
    2008-26.94%-20.36%-28.16%-20.58%
    20075.79%6.32%1.03%7.03%
    20068.41%8.90%12.32%10.39%
    2005-8.12%15.46%6.42%13.63%
    200412.39%15.35%6.90%12.56%
    200350.87%48.81%44.54%38.98%
    200224.97%15.04%13.68%15.12%
    200113.36%13.29%  
    200034.96%16.77%  
    199925.15%47.01%  
    1998-15.37%-24.01%  
    199719.00%15.10%  
    199640.90%50.15%  
    199539.03%22.69%  
    1994-25.46%-17.94%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 4/17/2014
    Category: Emerging Market Income Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/17/2014
    6.70%
    Average Maturity:
    As of 12/31/2013
    10.50 yrs
    Number of Holdings:
    As of 11/30/2013
    181
    Annual Portfolio Turnover:
    As of 5/31/2013
    26.00%
    Asset Allocation

    As of 11/29/2013 reported by Fund Sponsor

    Top Sectors

    As of 11/29/2013 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Foreign Govt 55.23%
    Debt - Corporate 42.52%
    Net Current Assets 2.03%
    Debt - Convertible Bonds 0.15%
    Derivatives (War Opt Fut)0.07%
    Top Holdings

    As of 11/30/2013 reported by Fund Sponsor

    HoldingValue% Portfolio
    Republic Of Turkey 6.875% 6.88 17 Mar 2036$21.31M4.98%
    Russian Federation 7.5% 7.50 31 Mar 2030$18.11M4.23%
    Brazil(Fed Rep Of) 10% 10.00 01 Jan 2017$14.34M3.35%
    Republic Of Venezuela 5.75% 5.75 26 Feb 2016$13.39M3.13%
    Petroleos Mexicanos 5.5% 5.50 21 Jan 2021$9.83M2.30%
    Indonesia Rep 3.75% 3.75 25 Apr 2022$9.51M2.22%
    Mexico(Utd Mex St) 8% 8.00 11 Jun 2020$8.32M1.94%
    Peru Rep 8.75% 8.75 21 Nov 2033$7.99M1.87%
    Colombia Rep 7.375% 7.38 18 Sep 2037$7.08M1.66%
    Vale Overseas 8.25% 8.25 17 Jan 2034$6.53M1.53%
    Venezuela Rep 8.5% 8.50 08 Oct 2014$6.49M1.52%
    Credit Quality

    As of 12/31/2013 reported by Fund Sponsor

    Country Allocation

    As of 11/29/2013 reported by Fund Sponsor

    Country% Portfolio
    USA 43.63%
    Russia 8.37%
    Venezuela 8.27%
    Turkey 7.48%
    Mexico 5.63%
    Brazil 5.33%
    Indonesia 4.33%
    Peru 3.90%
    Colombia 3.46%
    Poland 2.86%

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