Dividend Watching: Western Asset Emerging Markets Debt Fund Inc (NYSE:ESD) expects Nov 25, 2016 to be an important day for investors.

Dividend Watching: Western Asset Emerging Markets Debt Fund Inc (NYSE:ESD) expects Nov 25, 2016 to be an important day for investors.

Western Asset Emerging Markets Debt Fund Inc (NYSE:ESD) is expected to pay $0.11 on Nov 25, 2016. The indicated annual dividend is $1.37. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Western Asset Emerging Markets Debt Fund Inc’s current price of $14.28, the dividend is 0.74%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 8, 2016. The stock decreased 0.76% or $0.11 on November 14, hitting $14.28. Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:ESD) has declined 1.59% since April 13, 2016 and is downtrending. It has underperformed by 5.51% the S&P500.

Western Asset Emerging Markets Debt Fund Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $436.38 million. The Fund’s primary investment objective is to seek total return. It currently has negative earnings. High current income is its secondary investment objective.

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.34, from 0.83 in 2016Q1. The ratio improved, as 6 funds sold all Western Asset Emerging Mrkts Dbt Fnd Inc shares owned while 17 reduced positions. 6 funds bought stakes while 21 increased positions. They now own 6.86 million shares or 53.91% less from 14.88 million shares in 2016Q1.
Parametric Portfolio Associates Limited Liability Company holds 0% or 40,030 shares in its portfolio. Summit Wealth Advsrs Limited Company accumulated 0.07% or 10,400 shares. Arete Wealth Advisors Ltd Liability Co accumulated 0.3% or 31,131 shares. Morgan Stanley reported 1.25M shares or 0.01% of all its holdings. Lpl Fincl holds 0.01% or 52,527 shares in its portfolio. Camelot Portfolios Limited Liability has 0.1% invested in the company for 11,000 shares. The Minnesota-based Thrivent For Lutherans has invested 0.01% in Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:ESD). Advisors Asset Management last reported 0.06% of its portfolio in the stock. American Research And Mgmt Co has invested 0% of its portfolio in Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:ESD). Sunbelt Securities has 2,775 shares for 0% of their US portfolio. Guggenheim Ltd Liability has 0% invested in the company for 38,935 shares. Janney Montgomery Scott Ltd Com accumulated 25,776 shares or 0.01% of the stock. Raymond James And Associate accumulated 0% or 37,672 shares. Commonwealth Equity Svcs last reported 11,885 shares in the company. Laurion Limited Partnership, a New York-based fund reported 19,658 shares.

ESD Company Profile

Western Asset Emerging Markets Debt Fund Inc., incorporated on April 16, 2003, is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek total return. As a secondary objective, the Fund seeks high current income. The Fund invests in United States dollar and non-dollar-enominated debt securities of emerging market issues.

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