What is EMD currently invested in?
6/27/2024 08:24am
EMD (Western Asset Emerging Markets Debt Fund Inc.) is invested primarily in a diversified portfolio of government and corporate issuers in emerging market countries. The fund's investment strategy involves sector rotation, issuer/issue selection, and country rotation. As of the latest data, the credit quality of the portfolio is rated BB, with an effective duration of 6.75 years and a spread duration of 6.21 years. The fund does not use leverage. EMD's investment focus is on fixed income securities issued by governments, government-related entities, and corporations, with a consideration for factors such as currency trends, inflation, interest rates, growth rates, liquidity, and political outlook. The fund seeks to generate total return with a secondary focus on high current income.