Allspring Global Investments Holdings LLC Has $10.77 Million Stock Holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Allspring Global Investments Holdings LLC lowered its stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,119,355 shares of the company's stock after selling 27,071 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 3.91% of Western Asset Emerging Markets Debt Fund worth $10,768,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Western Asset Emerging Markets Debt Fund in the third quarter valued at approximately $104,000. Mission Hills Financial Advisory LLC acquired a new position in shares of Western Asset Emerging Markets Debt Fund during the 4th quarter worth approximately $108,000. Jane Street Group LLC bought a new position in Western Asset Emerging Markets Debt Fund during the 3rd quarter worth $192,000. Apollon Wealth Management LLC bought a new position in shares of Western Asset Emerging Markets Debt Fund in the fourth quarter worth $245,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of Western Asset Emerging Markets Debt Fund by 13.2% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 24,356 shares of the company's stock valued at $248,000 after buying an additional 2,844 shares in the last quarter. Institutional investors own 33.05% of the company's stock.

Western Asset Emerging Markets Debt Fund Trading Down 0.7 %

Shares of EMD stock traded down $0.07 during trading hours on Friday, reaching $9.84. The company's stock had a trading volume of 272,986 shares, compared to its average volume of 213,076. The firm's 50 day simple moving average is $9.82 and its 200-day simple moving average is $9.89. 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.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 22nd will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 10.98%.

Western Asset Emerging Markets Debt Fund 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.