Gould Asset Management LLC CA Increases Holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Gould Asset Management LLC CA boosted its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 9.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,965 shares of the company’s stock after purchasing an additional 3,035 shares during the period. Gould Asset Management LLC CA owned about 0.13% of Western Asset Emerging Markets Debt Fund worth $331,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Peoples Bank KS purchased a new position in Western Asset Emerging Markets Debt Fund during the 3rd quarter valued at about $29,000. International Assets Investment Management LLC boosted its position in Western Asset Emerging Markets Debt Fund by 821.0% during the 4th quarter. International Assets Investment Management LLC now owns 5,526 shares of the company’s stock valued at $51,000 after acquiring an additional 4,926 shares in the last quarter. Occidental Asset Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at approximately $97,000. Uncommon Cents Investing LLC bought a new stake in Western Asset Emerging Markets Debt Fund during the 3rd quarter valued at approximately $107,000. Finally, CTC Alternative Strategies Ltd. bought a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at approximately $140,000. Hedge funds and other institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

Western Asset Emerging Markets Debt Fund stock traded down $0.01 during trading hours on Friday, hitting $8.98. 223,068 shares of the stock traded hands, compared to its average volume of 238,429. The firm’s 50-day moving average price is $9.22 and its two-hundred day moving average price is $8.95. Western Asset Emerging Markets Debt Fund Inc. has a one year low of $7.85 and a one year high of $9.67.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.0845 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $1.01 annualized dividend and a yield of 11.29%.

About Western Asset Emerging Markets Debt Fund

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.