Invesco Ltd. Boosts Holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Invesco Ltd. increased its position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,074,495 shares of the company's stock after buying an additional 117,651 shares during the period. Invesco Ltd. owned 3.75% of Western Asset Emerging Markets Debt Fund worth $10,337,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in Western Asset Emerging Markets Debt Fund by 10.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 41,150 shares of the company's stock worth $396,000 after acquiring an additional 4,020 shares during the last quarter. Wells Fargo & Company MN increased its position in Western Asset Emerging Markets Debt Fund by 85.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,461,685 shares of the company's stock worth $14,061,000 after purchasing an additional 674,337 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $480,000. LPL Financial LLC lifted its position in Western Asset Emerging Markets Debt Fund by 34.7% during the fourth quarter. LPL Financial LLC now owns 791,328 shares of the company's stock valued at $7,613,000 after purchasing an additional 204,050 shares during the last quarter. Finally, Samalin Investment Counsel LLC grew its stake in shares of Western Asset Emerging Markets Debt Fund by 2.7% in the 4th quarter. Samalin Investment Counsel LLC now owns 42,246 shares of the company's stock worth $406,000 after buying an additional 1,124 shares in the last quarter. 33.05% of the stock is owned by institutional investors.

Western Asset Emerging Markets Debt Fund Stock Up 0.6 %

Shares of NYSE EMD traded up $0.06 during mid-day trading on Friday, hitting $9.34. 112,210 shares of the company's stock traded hands, compared to its average volume of 198,875. Western Asset Emerging Markets Debt Fund Inc. has a 1 year low of $8.56 and a 1 year high of $10.33. The company's 50-day moving average is $9.52 and its two-hundred day moving average is $9.75.

Western Asset Emerging Markets Debt Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.09 per share. The ex-dividend date was Monday, March 24th. This represents a yield of 10.92%.

About Western Asset Emerging Markets Debt Fund

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.