CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Western Asset Emerging Markets Debt Fund (EMD)

Taxable Bond Funds - Emerging Market Income

Data as of April 3, 2020
Market Price $10.23 (- $0.22)
NAV (April 3, 2020) $12.38 (+ $0.06)
Premium / Discount -17.37% (-2.19%)
Fund Info
Inception Dec. 1, 2003
Sponsor Legg Mason Partners Fund Advisors
Website https://www.leggmason....
Phone 1-888-777-0102
Objective: Total return; U.S. dollar and non-dollar-denominated debt securities of emerging market
Related Indexes
High Income Index
Taxable Bond & BDC Index
International Bond Index
Capital & Leverage
Outstanding Shares 60,746,012
Total Assets (Reported: Dec. 31, 2019) $1,346M
Estimated Total Assets $964M
Net Assets $752M
Market Cap $621M
Purchases Turnover 36.63%
Sales Turnover 33.09%
Total Leverage 28.50%
Structural Leverage (out of total) 77.19%
Portfolio Leverage (out of total) 22.81%
Expense Ratio 2.49%
Non Lev Exp Ratio 1.28%
Rel Lev Cost 3.02%
Discount Data
Average Discount (3 Yr) -12.08%
Discount Low(3 Yr) -33.69%
Discount High(3 Yr) -6.73%
Discount Rel Range 60.55%
Comp Discount -6.00
Discount St Dev (1Yr) 2.73
Z-Stat (6mo) -1.92
Z-Stat (1Yr) -2.40
Z-Stat (3Yr) -2.41
Comp Z-Stat (6mo) 0.46
Comp Z-Stat (3Yr) -0.18
Distribution Data
Market Yield 11.73%
Income Yield 11.73%
Lev Adj NAV Yield 7.54%
Distribution Frequency M
Current Distribution $0.100
Current Income $0.100
Ex-Date 4/22/20
Payable Date 5/1/20
Div Growth (3yr) 0.00%
Dividend Change -4.8% on 2/13/17
Expected Div 5/19/20
RoC (1yr) 15.06%
RoC (3yr) 11.81%
Tax Dividend Data 2019 2017 - 2019
Income 85.2% 89.2%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 14.8% 10.8%
Volume & Liquidity
Average Daily $ (M) $4,706
Avg Volume 30 day 681,495
Avg Volume 90 day 459,995
Volume Trend 48.15%
Comp Volume Trend 7.03%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): MSD 96.0%
NAV - Price Correlation (30 d) 96.8%
NAV - Price Correlation (90 d) 98.9%
NAV - Price Correlation (1 Yr) 96.6%
Price St Dev (1Yr) 38.9%
NAV St Dev (1Yr) 14.5%
Earnings / Share (12/31/19) $0.098
Earn Coverage 97.60%
Earnings Trend Up
UNII / Share (12/31/19) $0.107
Rel UNII 8.94
UNII Trend Up
Bond Specific Data
Maturity 11.10
Duration 8.80
Credit Rating (rbo) BBB
Investment Grade 49.86%
Non Investment Grade 34.15%
Unrated Bonds 15.98%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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