Western Asset Emerging Markets Debt Fund Inc. (EMD)

8.96 +0.02 (+0.22%) At close: 04:00PM EDT

Western Asset Emerging Markets Debt Fund Inc.

280 Park Avenue
New York, NY 10017
United States
800 822 5544
https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1415&mktcd=SBEM&cached=true&mode=2&userID=355661

Sector(s): Financial Services
Industry: Asset Management
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Jane Elizabeth Trust CFA	Chairman, Chief Executive Officer and President	N/A	N/A	1962
Mr. Stephen Kenneth Leech	Portfolio Manager	N/A	N/A	1955
Mr. Gordon Stuart Brown	Portfolio Manager	N/A	N/A	N/A
Mr. Chia-Liang Lian C.F.A.	Portfolio Manager	N/A	N/A	N/A

Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio. It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global. The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.

Corporate Governance

Western Asset Emerging Markets Debt Fund Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.