Western Asset Emerg Mkts Debt:EMD

    Overview

    As of 5/25/2017

     Share
    Price
    NAVPremium/
    Discount
    Current$15.75$17.71-11.07%
    52 Wk Avg$15.50$17.61-11.99%
    52 Wk High$16.75$18.35-8.40%
    52 Wk Low$14.28$16.77-16.58%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.62%
    Distribution Amount$0.1000
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income and capital appreciation through investment in emerging market debt securities

    Capital Structure

    As of 5/25/2017

    Total Net Assets:$1,370.812M
    Total Common Assets:$1,075.812M
    Common Shares Outstanding:60,746,012
    Leverage

    As of 12/30/2016

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $295.000M
    Structural Leverage (USD): $295.000M
    Structural Leverage (%): 22.12%
    Effective Leverage (USD): $295.000M
    Effective Leverage (%): 22.12%
    Annual Expense Ratios

    As of 12/31/2016

      Per Common Share
    Management Fees1.09%
    Other Expenses:0.10%
    Baseline Expense: 1.20%
    Interest Expense:0.33%
    Total: 1.52%

    Fund Management

    Fund Sponsor
    Legg Mason Partners Fund Advisors, LLC

    Portfolio Managers
    Gordon S. Brown (30 Sep 2012) / Kenneth Leech (31 Mar 2014) / Chia-Liang Lian (28 Feb 2015) / Kevin J. Ritter (30 Jun 2015)

    Basics
    Category: Non-US/Other-Emerging Market Income
    Ticker: EMD
    NAV Ticker: XESDX
    Average Daily Volume (shares):
    Average Daily Volume (USD): M
    Inception Date: 12/1/2003
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 5/25/2017

    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

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2017
    $0.0964
    Annualized Distribution Rate on NAV:
    As of 5/25/2017
    6.78%
    Total Return on NAV (12 months):
    As of 5/25/2017
    12.08%
    Avg. UNII Per Share:
    As of 12/31/2016
    -$0.1246
    Avg. Portfolio Coupon:
    As of 5/25/2017
    6.18%
    Total % Portfolio Effectively Leveraged:
    As of 5/25/2017
    22.12%

    Pricing Information

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

    As of 5/25/2017

    PeriodAvg Discount
    6 Month-12.18%
    1 Year-11.99%
    3 Year-13.05%
    5 Year-10.39%
    Z-Score

    As of 5/25/2017

    PeriodZStat
    3 Month1.40
    6 Month1.40
    1 Year0.70
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/25/2017
    Category: Emerging Market Income Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD10.66%6.62%  
    201616.68%12.44%27.82%12.49%
    2015-4.89%-2.83%-12.55%-10.20%
    2014-0.58%2.25%-3.82%-3.78%
    2013-14.93%-8.58%-9.52%-5.50%
    201223.48%16.40%23.64%21.98%
    201110.73%6.55%1.27%-0.55%
    201013.74%13.49%20.72%17.62%
    200953.55%41.84%63.84%41.77%
    2008-20.62%-20.11%-28.16%-20.58%
    20077.84%6.32%1.03%7.03%
    20069.13%9.90%12.32%10.39%
    20057.92%16.64%6.42%13.63%
    20044.63%13.37%  
    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 5/25/2017
    Category: Emerging Market Income Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 5/25/2017
    6.18%
    Average Maturity:
    As of 3/31/2017
    8.66 yrs
    Number of Holdings:
    As of 3/31/2017
    273
    Annual Portfolio Turnover:
    As of 12/31/2016
    30.00%
    Asset Allocation

    As of 12/30/2016 reported by Fund Sponsor

    Top Sectors

    As of 12/30/2016 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Government 57.11%
    Debt - Corporate 39.21%
    Net Current Assets 1.66%
    Debt - Short 1.61%
    General Equity 0.40%
    Derivatives (War Opt Fut)0.01%
    Top Holdings

    As of 3/31/2017 reported by Fund Sponsor

    HoldingValue% Portfolio
    Russian Federation 7.5% 2.25 31 Mar 2030$32.75M2.41%
    Indonesia Rep 3.75% 3.75 25 Apr 2022$31.17M2.29%
    Peru Rep 8.75% 8.75 21 Nov 2033$30.98M2.28%
    Republic Of Turkey 6.875% 6.88 17 Mar 2036$25.59M1.88%
    Argentine Republic 7% 7.00 17 Apr 2017$23.72M1.74%
    Rshb Cap S.A. 7.75% 7.75 29 May 2018$22.77M1.67%
    Indonesia Rep 5.25% 5.25 17 Jan 2042$22.57M1.66%
    Republic Of Turkey 11.875% 11.88 15 Jan 2030$22.09M1.62%
    Argentina Rep 1.33% 1.33 31 Dec 2038$22.11M1.62%
    Colombia Rep 7.375% 7.38 18 Sep 2037$21.40M1.57%
    Sar/Usd Ffx Due 071717-Cross 17 Jul 2017$20.92M1.54%
    Credit Quality

    As of 3/31/2017 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2017 reported by Fund Sponsor

    Country% Portfolio
    Other Countries 35.72%
    Russia 9.32%
    Indonesia 9.02%
    Argentina 8.75%
    Brazil 8.23%
    Mexico 8.14%
    Colombia 5.40%
    Peru 5.03%
    Turkey 4.74%
    Chile 2.87%
    Venezuela 2.78%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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