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 December 2024. The monthly distribution of $0.0845 per share consists of 73.26% from net investment income and 26.74% from return of capital. For the fiscal year-to-date, the Fund has distributed $0.8450 per share, with 67.94% from net investment income and 32.06% from return of capital. The Fund's five-year average annual total return is 1.35%, with a current annualized distribution rate of 9.49%. The cumulative total return for the fiscal period through October 31, 2024, stands at 9.59%.
Western Asset Emerging Markets Debt Fund Inc. (EMD) ha annunciato i dettagli della distribuzione per dicembre 2024. La distribuzione mensile di $0.0845 per azione è composta dal 73,26% da reddito da investimento netto e dal 26,74% da restituzione di capitale. Fino ad oggi nell'anno fiscale, il Fondo ha distribuito $0.8450 per azione, con il 67,94% proveniente da reddito da investimento netto e il 32,06% da restituzione di capitale. Il rendimento totale medio annuale del Fondo negli ultimi cinque anni è dell'1,35%, con un attuale tasso di distribuzione annualizzata del 9,49%. Il rendimento totale cumulativo per il periodo fiscale fino al 31 ottobre 2024 è pari al 9,59%.
Western Asset Emerging Markets Debt Fund Inc. (EMD) ha anunciado los detalles de su distribución para diciembre de 2024. La distribución mensual de $0.0845 por acción consiste en un 73.26% de ingresos netos por inversiones y un 26.74% de retorno de capital. Hasta la fecha en el año fiscal, el Fondo ha distribuido $0.8450 por acción, con un 67.94% de ingresos netos por inversiones y un 32.06% de retorno de capital. El rendimiento total anual promedio del Fondo en los últimos cinco años es del 1.35%, con una tasa de distribución anualizada actual del 9.49%. El rendimiento total acumulado para el periodo fiscal hasta el 31 de octubre de 2024 es del 9.59%.
Western Asset Emerging Markets Debt Fund Inc. (EMD)는 2024년 12월 배당 세부 정보를 발표했습니다. 주당 $0.0845의 월 배당금은 순 투자 소득에서 73.26%와 자본 반환에서 26.74%로 구성되어 있습니다. 회계 연도 기준 현재까지 이 펀드는 주당 $0.8450을 배당했으며, 이 중 67.94%는 순 투자 소득에서, 32.06%는 자본 반환에서 발생했습니다. 이 펀드의 최근 5년 평균 연간 총 수익률은 1.35%이며, 현재 연간 배당률은 9.49%입니다. 2024년 10월 31일까지의 회계 기간 동안 누적 총 수익률은 9.59%입니다.
Western Asset Emerging Markets Debt Fund Inc. (EMD) a annoncé les détails de sa distribution pour décembre 2024. La distribution mensuelle de 0,0845 $ par action se compose de 73,26 % de revenus nets d'investissement et de 26,74 % de retour de capital. Pour l'année fiscale en cours, le Fonds a distribué 0,8450 $ par action, avec 67,94 % des revenus nets d'investissement et 32,06 % de retour de capital. Le rendement total moyen annuel du Fonds sur cinq ans est de 1,35 %, avec un taux de distribution annualisé actuel de 9,49 %. Le rendement total cumulé pour la période fiscale se terminant le 31 octobre 2024 est de 9,59 %.
Western Asset Emerging Markets Debt Fund Inc. (EMD) hat die Einzelheiten seiner Ausschüttung für Dezember 2024 bekannt gegeben. Die monatliche Ausschüttung von $0.0845 pro Aktie setzt sich zu 73,26% aus Nettoinvestitionseinkommen und zu 26,74% aus Kapitalrückgabe zusammen. Im laufenden Geschäftsjahr hat der Fonds bis dato $0.8450 pro Aktie verteilt, wobei 67,94% aus Nettoinvestitionseinkommen und 32,06% aus Kapitalrückgabe stammen. Die durchschnittliche jährliche Gesamtrendite des Fonds über die letzten fünf Jahre beträgt 1,35%, mit einer aktuellen annualisierten Ausschüttungsrate von 9,49%. Die kumulierte Gesamtrendite für den Geschäftsjahrzeitraum bis zum 31. Oktober 2024 liegt bei 9,59%.
- Maintains steady monthly distribution of $0.0845 per share
- High annualized distribution rate of 9.49%
- Positive cumulative total return of 9.59% for the fiscal period
- Low five-year average annual total return of 1.35%
- Significant portion (32.06%) of year-to-date distributions represent return of capital
- Fund is distributing more than its income and realized capital gains
Insights
This distribution announcement reveals several key points for EMD investors. The fund's monthly distribution of
The fund's 5-year average annual total return of just
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 December 2, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the November Monthly Distribution as of October 31, 2024:
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Cumulative Estimated Allocations fiscal year-to-date as of October 31, 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 October 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 October 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through October 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 October 31, 2024, as a percentage of the Fund’s NAV as of October 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/20241202377433/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
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