WESTN ASSET.EMERG.MKTS D.

NEW YORK--(BUSINESS WIRE)--Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Prashant Chandran Christopher Kilpatrick Rafael Zielonka 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 Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777.» Mehr auf businesswire.com

We review the CEF market valuation and performance through the third week of November and highlight recent market action. CEFs had a positive week, with most sectors gaining except for higher-quality sectors like Munis and Agencies. MLPs led month-to-date returns with double-digit gains. The Western Asset Emerging Market Debt Fund raised its distribution by 4%, but its 70% coverage ratio makes it less appealing.» Mehr auf seekingalpha.com

The Western Asset Emerging Markets Debt Fund offers a high yield of 10.34%, making it attractive for income-focused investors, especially during periods of a declining U.S. dollar. The fund's performance has been strong, with a 6.00% total return over the past three months, outperforming key bond indices. The Fund includes a floating-rate loan made to the government of Tanzania that could pose risks.» Mehr auf seekingalpha.com