Western Asset Emerging Markets Debt Fund Inc. (EMD or “the Fund”; CUSIP: 95766A101) Announces Notification of Sources of Distributions
Western Asset Emerging Markets Debt Fund Inc. (EMD) has announced its distribution details for March 3, 2025, and fiscal year 2025. The Fund operates under a managed distribution policy that aims to deliver long-term total return potential through regular monthly distributions at a fixed rate per share.
The Fund has indicated that it has distributed more than its income and net realized capital gains, meaning a portion of the distribution may represent a return of capital to shareholders. This return of capital, while not taxable, reduces shareholders' tax basis in their Fund shares.
The distribution's actual amounts and sources for tax reporting will depend on the Fund's investment performance through the remainder of its fiscal year. Shareholders will receive Form 1099-DIV for calendar year tax reporting purposes. The Fund's Board of Directors retains the right to terminate or suspend the managed distribution policy, which could impact the Fund's market price.
Western Asset Emerging Markets Debt Fund Inc. (EMD) ha annunciato i dettagli della sua distribuzione per il 3 marzo 2025 e per l'anno fiscale 2025. Il Fondo opera secondo una politica di distribuzione gestita che mira a offrire un potenziale di rendimento totale a lungo termine attraverso distribuzioni mensili regolari a un tasso fisso per azione.
Il Fondo ha indicato di aver distribuito più del suo reddito e dei guadagni in conto capitale netti realizzati, il che significa che una parte della distribuzione potrebbe rappresentare un ritorno di capitale per gli azionisti. Questo ritorno di capitale, pur non essendo tassabile, riduce la base imponibile degli azionisti nelle loro azioni del Fondo.
Gli importi effettivi della distribuzione e le fonti per la reportistica fiscale dipenderanno dalle performance di investimento del Fondo per il resto dell'anno fiscale. Gli azionisti riceveranno il modulo 1099-DIV per le finalità di reportistica fiscale dell'anno solare. Il Consiglio di Amministrazione del Fondo si riserva il diritto di terminare o sospendere la politica di distribuzione gestita, il che potrebbe influenzare il prezzo di mercato del Fondo.
Western Asset Emerging Markets Debt Fund Inc. (EMD) ha anunciado los detalles de su distribución para el 3 de marzo de 2025 y para el año fiscal 2025. El Fondo opera bajo una política de distribución gestionada que tiene como objetivo ofrecer un potencial de rendimiento total a largo plazo a través de distribuciones mensuales regulares a una tasa fija por acción.
El Fondo ha indicado que ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que significa que una parte de la distribución puede representar un retorno de capital para los accionistas. Este retorno de capital, aunque no es gravable, reduce la base imponible de los accionistas en sus acciones del Fondo.
Los montos reales de la distribución y las fuentes para la presentación de impuestos dependerán del rendimiento de inversión del Fondo durante el resto de su año fiscal. Los accionistas recibirán el formulario 1099-DIV para fines de presentación de impuestos del año calendario. La Junta de Directores del Fondo se reserva el derecho de terminar o suspender la política de distribución gestionada, lo que podría afectar el precio de mercado del Fondo.
Western Asset Emerging Markets Debt Fund Inc. (EMD)는 2025년 3월 3일 및 2025 회계연도에 대한 배당 세부 정보를 발표했습니다. 이 펀드는 주식당 고정 비율로 정기적인 월 배당금을 통해 장기적인 총 수익 잠재력을 제공하는 것을 목표로 하는 관리 배당 정책에 따라 운영됩니다.
펀드는 수익 및 순 실현 자본 이익을 초과하여 배당금을 분배했음을 나타내며, 이는 배당금의 일부가 주주에게 자본 반환을 의미할 수 있음을 의미합니다. 이 자본 반환은 과세되지 않지만, 주주가 펀드 주식에서 갖는 세금 기준을 줄입니다.
배당금의 실제 금액과 세금 보고를 위한 출처는 회계연도 나머지 기간 동안의 펀드 투자 성과에 따라 달라집니다. 주주들은 세금 보고를 위해 1099-DIV 양식을 받게 됩니다. 펀드 이사회는 관리 배당 정책을 종료하거나 중단할 권리를 보유하고 있으며, 이는 펀드의 시장 가격에 영향을 미칠 수 있습니다.
Western Asset Emerging Markets Debt Fund Inc. (EMD) a annoncé les détails de sa distribution pour le 3 mars 2025 et pour l'exercice fiscal 2025. Le Fonds fonctionne selon une politique de distribution gérée visant à offrir un potentiel de rendement total à long terme par le biais de distributions mensuelles régulières à un taux fixe par action.
Le Fonds a indiqué qu'il avait distribué plus de ses revenus et des gains en capital nets réalisés, ce qui signifie qu'une partie de la distribution pourrait représenter un retour de capital pour les actionnaires. Ce retour de capital, bien qu'il ne soit pas imposable, réduit la base imposable des actionnaires dans leurs actions du Fonds.
Les montants réels de la distribution et les sources pour la déclaration fiscale dépendront de la performance d'investissement du Fonds durant le reste de son exercice fiscal. Les actionnaires recevront le formulaire 1099-DIV à des fins de déclaration fiscale pour l'année civile. Le Conseil d'administration du Fonds se réserve le droit de mettre fin ou de suspendre la politique de distribution gérée, ce qui pourrait avoir un impact sur le prix du marché du Fonds.
Western Asset Emerging Markets Debt Fund Inc. (EMD) hat die Einzelheiten seiner Ausschüttung für den 3. März 2025 und das Geschäftsjahr 2025 bekannt gegeben. Der Fonds operiert unter einer verwalteten Ausschüttungspolitik, die darauf abzielt, ein langfristiges Gesamtertragspotenzial durch regelmäßige monatliche Ausschüttungen zu einem festen Satz pro Aktie zu bieten.
Der Fonds hat angegeben, dass er mehr als sein Einkommen und seine realisierten Nettokapitalgewinne ausgeschüttet hat, was bedeutet, dass ein Teil der Ausschüttung einen Kapitalrückfluss für die Aktionäre darstellen kann. Dieser Kapitalrückfluss ist zwar nicht steuerpflichtig, reduziert jedoch die steuerliche Basis der Aktionäre in ihren Fondsanteilen.
Die tatsächlichen Beträge und Quellen der Ausschüttung für die Steuerberichterstattung hängen von der Anlageperformance des Fonds im verbleibenden Geschäftsjahr ab. Die Aktionäre erhalten das Formular 1099-DIV für die Steuerberichterstattung des Kalenderjahres. Der Vorstand des Fonds behält sich das Recht vor, die verwaltete Ausschüttungspolitik zu beenden oder auszusetzen, was den Marktpreis des Fonds beeinflussen könnte.
- None.
- Distribution includes return of capital, indicating Fund is paying out more than its income and realized gains
Notification of Sources of Distributions
Pursuant to Section 19(a) of the Investment Company Act of 1940
The Fund’s estimated sources of the distribution to be paid on March 3, 2025, and for the fiscal year 2025 year-to-date are as follows:
Estimated Allocations for the February Monthly Distribution as of January 31, 2025:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of January 31, 2025, for the fiscal year ending December 31, 2025:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Plan. EMD estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the EMD distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect EMD’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.
Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 1/31/2025)1 |
Annualized Distribution Rate (as a percentage of NAV as of 1/31/2025)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 1/31/2025)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 1/31/2025)4 |
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Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through January 31, 2025. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of January 31, 2025.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2024 through January 31, 2025, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period December 31, 2024 through January 31, 2025, as a percentage of the Fund’s NAV as of January 31, 2025.
This Fund has a managed distribution policy that seeks to deliver the Fund’s long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.
For further information on Western Asset Emerging Markets Debt Fund Inc., please visit our web site at:
www.franklintempleton.com/investments/options/closed-end-funds
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.
Category: Distribution Related
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20250303990761/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What is the distribution date for EMD's latest announced payment?
How does EMD's return of capital affect shareholders?
What is EMD's managed distribution policy?
How will EMD shareholders receive tax information for these distributions?
