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. (NYSE: EMD) has announced its distribution details for September 3, 2024, and fiscal year 2024. The Fund's August monthly distribution of $0.0845 per share comprises 77.66% from net investment income and 22.34% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.5915 per share consists of 74.40% net investment income and 25.60% return of capital.
The Fund's performance metrics show an average annual total return of -0.10% over the past 5 years, an annualized distribution rate of 9.65%, and a cumulative total return of 5.23% for the current fiscal period. EMD operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.
Il fondo Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) ha annunciato i dettagli della distribuzione per il 3 settembre 2024 e per l'anno fiscale 2024. La distribuzione mensile di agosto del fondo di $0.0845 per azione è composta dal 77,66% di reddito netto da investimenti e dal 22,34% di rimborso di capitale. Fino ad oggi, la distribuzione cumulativa per l'anno fiscale è di $0.5915 per azione, composta dal 74,40% di reddito netto da investimenti e dal 25,60% di rimborso di capitale.
I parametri di prestazione del fondo mostrano un ritorno totale medio annuale del -0,10% negli ultimi 5 anni, un tasso di distribuzione annualizzato del 9,65% e un ritorno totale cumulativo del 5,23% per il periodo fiscale attuale. L'EMD opera secondo una politica di distribuzione gestita, con l'obiettivo di offrire potenziale di ritorno totale a lungo termine attraverso distribuzioni mensili regolari.
El fondo Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) ha anunciado los detalles de su distribución para el 3 de septiembre de 2024 y el año fiscal 2024. La distribución mensual de agosto del fondo de $0.0845 por acción está compuesta por un 77.66% de ingresos netos por inversiones y un 22.34% de retorno de capital. Hasta la fecha, la distribución acumulativa del año fiscal es de $0.5915 por acción, que consiste en un 74.40% de ingresos netos por inversiones y un 25.60% de retorno de capital.
Las métricas de rendimiento del fondo muestran un retorno total promedio anual del -0.10% en los últimos 5 años, un tasa de distribución anualizada del 9.65% y un retorno total acumulado del 5.23% para el periodo fiscal actual. El EMD opera bajo una política de distribución gestionada, con el objetivo de ofrecer un potencial de retorno total a largo plazo a través de distribuciones mensuales regulares.
웨스턴 자산 신흥 시장 채권 펀드 주식회사(NYSE: EMD)는 2024년 9월 3일 및 2024 회계연도의 배당 세부 정보를 발표했습니다. 이 펀드의 8월 월간 배당금은 $0.0845 per share로, 77.66%는 순투자 소득에서, 22.34%는 자본 환급에서 발생합니다. 회계연도 현재까지 누적 배당금은 $0.5915 per share로, 74.40%는 순투자 소득에서, 25.60%는 자본 환급에서 발생합니다.
펀드의 성과 지표는 지난 5년 동안 평균 연간 총 수익률이 -0.10%이며, 연간 배당률이 9.65%, 현재 회계 기간에 대한 누적 총 수익률이 5.23%임을 보여줍니다. EMD는 관리되는 배당 정책 하에 운영되며, 정기적인 월간 배당을 통해 장기적인 총 수익 가능성을 제공하는 것을 목표로 합니다.
Le fonds Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) a annoncé les détails de sa distribution pour le 3 septembre 2024 et pour l'année fiscale 2024. La distribution mensuelle d'août du fonds de $0.0845 par action se compose de 77,66% de revenus nets d'investissement et de 22,34% de retour de capital. Pour l'année fiscale à ce jour, la distribution cumulée de $0.5915 par action est constituée de 74,40% de revenus nets d'investissement et de 25,60% de retour de capital.
Les indicateurs de performance du fonds montrent un rendement total annuel moyen de -0,10% au cours des 5 dernières années, un taux de distribution annualisé de 9,65% et un rendement total cumulé de 5,23% pour la période fiscale actuelle. L'EMD fonctionne selon une politique de distribution gérée, visant à offrir un potentiel de retour total à long terme grâce à des distributions mensuelles régulières.
Der Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) hat die Einzelheiten zur Ausschüttung für den 3. September 2024 und das Geschäftsjahr 2024 bekannt gegeben. Die monatliche Ausschüttung des Fonds im August von $0.0845 pro Aktie setzt sich zu 77,66% aus Nettoanlageerträgen und zu 22,34% aus Kapitalrückzahlungen zusammen. Für das laufende Geschäftsjahr beträgt die kumulierte Ausschüttung $0.5915 pro Aktie, wovon 74,40% auf Nettoanlageerträge und 25,60% auf Kapitalrückzahlungen entfallen.
Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von -0,10% in den letzten 5 Jahren, eine annualisierte Ausschüttungsquote von 9,65% und eine kumulative Gesamtrendite von 5,23% für den aktuellen Geschäftszweck. EMD operiert unter einer verwalteten Ausschüttungspolitik, die darauf abzielt, langfristiges Gesamtrenditenpotential durch regelmäßige monatliche Ausschüttungen zu liefern.
- High annualized distribution rate of 9.65% as of July 31, 2024
- Positive cumulative total return of 5.23% for the current fiscal period
- Managed distribution policy aims to deliver long-term total return potential
- Negative average annual total return of -0.10% over the past 5 years
- 25.60% of year-to-date distributions classified as return of capital, potentially reducing shareholders' tax basis
- Fund has distributed more than its income and net realized capital 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 September 3, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the August Monthly Distribution as of July 31, 2024: |
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Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of
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Cumulative Estimated Allocations fiscal year-to-date as of July 31, 2024, for the fiscal year ending December 31, 2024: |
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Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of
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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 7/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV as of 7/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 7/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 7/31/2024)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 July 31, 2024. 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 July 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through July 31, 2024, 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, 2023 through July 31, 2024, as a percentage of the Fund’s NAV as of July 31, 2024.
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/20240903518405/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 amount for EMD in September 2024?
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