Western Asset Emerging Markets Debt Fund Inc
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.8%
1 yr return
13.7%
3 Yr Avg Return
-5.7%
5 Yr Avg Return
-5.7%
Net Assets
$669 M
Holdings in Top 10
67.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XEMDX - Profile
Distributions
- YTD Total Return 9.8%
- 3 Yr Annualized Total Return -5.7%
- 5 Yr Annualized Total Return -5.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 6.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Emerging Markets Debt Fund Inc
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJun 26, 2019
-
Shares Outstanding60746012
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerS. Leech
Fund Description
XEMDX - Performance
Return Ranking - Trailing
Period | XEMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.8% | -4.7% | 464.5% | 14.33% |
1 Yr | 13.7% | -2.6% | 481.4% | 13.99% |
3 Yr | -5.7%* | -7.4% | 59.3% | 99.29% |
5 Yr | -5.7%* | -7.2% | 29.3% | 99.26% |
10 Yr | N/A* | -4.5% | 14.7% | 88.34% |
* Annualized
Return Ranking - Calendar
Period | XEMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | -10.6% | 17.8% | 78.50% |
2022 | -25.3% | -29.1% | -2.4% | 91.87% |
2021 | -10.9% | -24.0% | 2.7% | 77.78% |
2020 | -2.5% | -14.0% | 9.7% | 84.44% |
2019 | N/A | -6.4% | 13.0% | 97.49% |
Total Return Ranking - Trailing
Period | XEMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.8% | -4.7% | 464.5% | 14.33% |
1 Yr | 13.7% | -2.6% | 481.4% | 13.99% |
3 Yr | -5.7%* | -7.4% | 59.3% | 99.29% |
5 Yr | -5.7%* | -7.2% | 29.3% | 99.26% |
10 Yr | N/A* | -4.5% | 14.7% | 94.44% |
* Annualized
Total Return Ranking - Calendar
Period | XEMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | -0.6% | 20.0% | 98.29% |
2022 | -25.3% | -27.6% | -1.7% | 99.65% |
2021 | -10.9% | -18.5% | 7.4% | 96.77% |
2020 | -2.5% | -7.8% | 18.0% | 97.04% |
2019 | N/A | -3.0% | 23.0% | 98.57% |
NAV & Total Return History
XEMDX - Holdings
Concentration Analysis
XEMDX | Category Low | Category High | XEMDX % Rank | |
---|---|---|---|---|
Net Assets | 669 M | 565 K | 14.8 B | 30.03% |
Number of Holdings | 284 | 4 | 1860 | 48.12% |
Net Assets in Top 10 | -134 M | -134 M | 1.25 B | 100.00% |
Weighting of Top 10 | 67.22% | 5.8% | 102.5% | 2.07% |
Top 10 Holdings
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
- Pershing Credit Agreement Loan 43.46%
Asset Allocation
Weighting | Return Low | Return High | XEMDX % Rank | |
---|---|---|---|---|
Bonds | 90.18% | 0.00% | 100.50% | 88.05% |
Cash | 7.53% | 0.00% | 29.76% | 20.14% |
Convertible Bonds | 2.28% | 0.00% | 8.47% | 12.76% |
Stocks | 0.00% | -0.01% | 96.78% | 57.00% |
Preferred Stocks | 0.00% | 0.00% | 2.24% | 37.88% |
Other | 0.00% | -10.15% | 91.74% | 53.58% |
XEMDX - Expenses
Operational Fees
XEMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.59% | 0.02% | 32.92% | 32.88% |
Management Fee | 0.85% | 0.00% | 1.10% | 88.40% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
XEMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
XEMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XEMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.00% | 0.00% | 218.00% | 17.58% |
XEMDX - Distributions
Dividend Yield Analysis
XEMDX | Category Low | Category High | XEMDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 22.22% | 97.95% |
Dividend Distribution Analysis
XEMDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
XEMDX | Category Low | Category High | XEMDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.43% | -2.28% | 8.00% | 3.85% |
Capital Gain Distribution Analysis
XEMDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 23, 2024 | $0.085 | OrdinaryDividend |
Jul 24, 2024 | $0.085 | OrdinaryDividend |
May 22, 2024 | $0.085 | OrdinaryDividend |
XEMDX - Fund Manager Analysis
Managers
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Chia-Liang Lian
Start Date
Tenure
Tenure Rank
Feb 28, 2015
7.26
7.3%
Chia-Liang Lian is currently Head of Emerging Markets Debt at Western Asset. Mr. Lian joined Western Asset in 2011 after approximately six years with Pacific Investment Management Company (PIMCO), where he served as Head of Emerging Asia Portfolio Management. Mr. Lian also spent eight years as a sovereign debt strategist at JPMorgan Chase and Merrill Lynch, and four years at the Monetary Authority of Singapore (MAS) as a senior economist responsible for formulating exchange rate policy. Under his leadership, Western Asset received Benchmark Magazine’s Best-In-Class House Award in Asia Fixed Income in 2012. Mr. Lian holds the Chartered Financial Analyst designation and has an undergraduate degree in Economics from the National University of Singapore where he graduated as part of the MAS scholars program.
Kevin Ritter
Start Date
Tenure
Tenure Rank
Jun 30, 2015
6.92
6.9%
Kevin J. Ritter is Portfolio Manager for Western Asset. Mr. Ritter re-joined Western Asset in 2006 after serving as the Emerging Markets Trader at Payden & Rygel from 2004 to 2005. He started his career in emerging markets in 1998, playing various roles in the capital markets groups at Dresdner Kleinwort Wasserstein LLC and ING Barings LLC. Before joining Western Asset in 2003 as a Portfolio Analyst, Mr. Ritter worked as a Spring Associate at FH International Financial Services, Inc. Mr. Ritter is a graduate of Dartmouth College, where he majored in political science. He is also a CFA charter holder.
Mark Hughes
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.15 | 23.87 | 6.5 | 6.11 |