Western Asset Emerging Markets Debt Fund Inc. Announces Change in Benchmark
January 2, 2020
NEW YORK--(BUSINESS WIRE)-- Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) announced today that the Board of Directors of the Fund has approved JPMorgan Emerging Markets Bond Index Global Diversified as the Fund’s new benchmark, effective immediately. The Fund’s previous benchmark was the JPMorgan Emerging Markets Bond Index Global.
Fund management believes that this benchmark better reflects the Fund’s market weightings across its portfolio.
The Fund, a non-diversified closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, LLC, an affiliate of the adviser.
An investment in a Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Any data and commentary provided in this press release are for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling shares of the Fund.
For more information, please call Investor Relations: 888-777-0102, or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.