Rareview Capital LLC Has $3.38 Million Position in Western Asset Emerging Markets Debt Fund Inc. $EMD

Rareview Capital LLC decreased its holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 5.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 335,937 shares of the company’s stock after selling 20,462 shares during the period. Western Asset Emerging Markets Debt Fund comprises 2.1% of Rareview Capital LLC’s holdings, making the stock its 9th biggest position. Rareview Capital LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $3,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Gould Asset Management LLC CA raised its stake in Western Asset Emerging Markets Debt Fund by 7.8% in the 2nd quarter. Gould Asset Management LLC CA now owns 46,035 shares of the company’s stock worth $463,000 after purchasing an additional 3,350 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Western Asset Emerging Markets Debt Fund by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 47,194 shares of the company’s stock worth $474,000 after purchasing an additional 1,018 shares in the last quarter. D.A. Davidson & CO. raised its stake in Western Asset Emerging Markets Debt Fund by 16.9% in the 2nd quarter. D.A. Davidson & CO. now owns 114,513 shares of the company’s stock worth $1,151,000 after purchasing an additional 16,587 shares in the last quarter. Stephens Inc. AR raised its stake in Western Asset Emerging Markets Debt Fund by 5.6% in the 2nd quarter. Stephens Inc. AR now owns 32,766 shares of the company’s stock worth $329,000 after purchasing an additional 1,750 shares in the last quarter. Finally, Mutual Advisors LLC raised its position in shares of Western Asset Emerging Markets Debt Fund by 5.0% in the 2nd quarter. Mutual Advisors LLC now owns 74,881 shares of the company’s stock valued at $757,000 after buying an additional 3,568 shares in the last quarter. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of NYSE:EMD opened at $10.48 on Tuesday. The firm has a 50 day moving average of $10.38 and a 200-day moving average of $10.04. Western Asset Emerging Markets Debt Fund Inc. has a 12 month low of $8.56 and a 12 month high of $10.68.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 24th were given a $0.095 dividend. The ex-dividend date was Friday, October 24th. This represents a c) annualized dividend and a dividend yield of 10.9%.

Western Asset Emerging Markets Debt Fund Company Profile

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.