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] announced its October distribution of $0.0845 per share, comprising 67.51% from net investment income and 32.49% from return of capital. For fiscal year 2024 to date, the Fund has distributed $0.7605 per share, with 66.71% from net investment income and 33.29% from return of capital. The Fund's five-year average annual total return through September 30, 2024, was 1.62%, with an annualized distribution rate of 9.34%. The Fund maintains a managed distribution policy to deliver long-term total return potential through monthly distributions.
Il Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] ha annunciato la sua distribuzione di ottobre di $0.0845 per azione, composta per il 67,51% da reddito da investimenti netti e per il 32,49% da ritorno di capitale. Fino ad oggi, per l'anno fiscale 2024, il Fondo ha distribuito $0.7605 per azione, con il 66,71% proveniente da reddito da investimenti netti e il 33,29% da ritorno di capitale. Il rendimento totale medio annuo del Fondo negli ultimi cinque anni fino al 30 settembre 2024 è stato dell'1,62%, con un tasso di distribuzione annualizzato del 9,34%. Il Fondo mantiene una politica di distribuzione gestita per garantire un potenziale rendimento totale a lungo termine attraverso distribuzioni mensili.
Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] anunció su distribución de octubre de $0.0845 por acción, compuesta por un 67.51% de ingresos netos por inversiones y un 32.49% de retorno de capital. Hasta la fecha, para el año fiscal 2024, el Fondo ha distribuido $0.7605 por acción, con un 66.71% proveniente de ingresos netos por inversiones y un 33.29% de retorno de capital. El rendimiento total promedio anual del Fondo durante los últimos cinco años hasta el 30 de septiembre de 2024 fue del 1.62%, con una tasa de distribución anualizada del 9.34%. El Fondo mantiene una política de distribución gestionada para ofrecer un potencial de rendimiento total a largo plazo a través de distribuciones mensuales.
Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]는 10월 배당금을 $0.0845 주당 발표했으며, 이 중 67.51%는 순투자 수익에서, 32.49%는 자본 반환에서 기인하고 있습니다. 2024 회계연도의 현재까지, 본 펀드는 $0.7605 주당 배당을 지급했으며, 66.71%는 순투자 수익에서, 33.29%는 자본 반환에서 기인합니다. 2024년 9월 30일까지의 가장 최근 5년 평균 연간 총 수익률은 1.62%였으며, 연간 배당률은 9.34%입니다. 본 펀드는 월간 배당금을 통해 장기적으로 총 수익 잠재력을 제공하기 위해 관리된 배당 정책을 유지하고 있습니다.
Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] a annoncé sa distribution d'octobre de $0.0845 par action, composée de 67,51% de revenus nets d'investissement et de 32,49% de retour de capital. Pour l'année fiscale 2024 jusqu'à présent, le Fonds a distribué $0.7605 par action, avec 66,71% provenant de revenus nets d'investissement et 33,29% de retour de capital. Le rendement total moyen annuel du Fonds au cours des cinq dernières années jusqu'au 30 septembre 2024 était de 1,62%, avec un taux de distribution annualisé de 9,34%. Le Fonds maintient une politique de distribution gérée pour offrir un potentiel de rendement total à long terme grâce à des distributions mensuelles.
Der Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD] hat seine Ausschüttung für Oktober in Höhe von $0.0845 pro Aktie angekündigt, die sich aus 67,51% aus Nettoanlageerträgen und 32,49% aus Kapitalrückzahlung zusammensetzt. Bis heute hat der Fonds im Geschäftsjahr 2024 $0.7605 pro Aktie ausgeschüttet, wobei 66,71% aus Nettoanlageerträgen und 33,29% aus Kapitalrückzahlung stammen. Die durchschnittliche jährliche Gesamtrendite des Fonds in den letzten fünf Jahren bis zum 30. September 2024 betrug 1,62%, mit einer annualisierten Ausschüttungsrate von 9,34%. Der Fonds verfolgt eine verwaltete Verteilungspolitik, um langfristiges Gesamtrenditepotenzial durch monatliche Ausschüttungen zu bieten.
- Consistent monthly distribution of $0.0845 per share
- High annualized distribution rate of 9.34%
- Positive cumulative total return of 10.45% for the fiscal period
- 32.49% of current distribution represents return of capital
- Low five-year average annual total return of 1.62%
- Fund is distributing more than its income and realized capital gains
Insights
The Fund's distribution details reveal important insights for investors. The monthly distribution of
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 November 1, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the October Monthly Distribution as of September 30, 2024:
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Cumulative Estimated Allocations fiscal year-to-date as of September 30, 2024, for the fiscal year ending December 31, 2024:
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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.
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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 September 30, 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 September 30, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through September 30, 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 September 30, 2024, as a percentage of the Fund’s NAV as of September 30, 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/20241101806146/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
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