{"id":799662,"date":"2025-01-10T17:03:09","date_gmt":"2025-01-10T22:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-emerging-markets-debt-fund-inc-nyse-emd-the-fund-announces-portfolio-management-team-update\/"},"modified":"2025-01-10T17:03:09","modified_gmt":"2025-01-10T22:03:09","slug":"western-asset-emerging-markets-debt-fund-inc-nyse-emd-the-fund-announces-portfolio-management-team-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-emerging-markets-debt-fund-inc-nyse-emd-the-fund-announces-portfolio-management-team-update\/","title":{"rendered":"Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) (the \u201cFund\u201d) Announces Portfolio Management Team Update"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) (the \u201cFund\u201d) Announces Portfolio Management Team Update<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEffective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nMichael Buchanan<\/p>\n<\/li>\n<li>\nGordon Brown<\/p>\n<\/li>\n<li>\nPrashant Chandran<\/p>\n<\/li>\n<li>\nChristopher Kilpatrick<\/p>\n<\/li>\n<li>\nRafael Zielonka<\/p>\n<\/li>\n<\/ul>\n<p>\nData and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.<\/p>\n<p>\nFor more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s web site at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=www.franklintempleton.com%2Finvestments%2Foptions%2Fclosed-end-funds&amp;index=1&amp;md5=0f8fe565a307d6dfe68d238c002e4b43\">www.franklintempleton.com\/investments\/options\/closed-end-funds<\/a>. The information contained on the Fund\u2019s web site is not part of this press release. Hard copies of the Fund\u2019s complete audited financial statements are available free of charge upon request.<\/p>\n<p>\nThe Fund\u2019s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor\u2019s risk of loss. All investments are subject to risk, including the risk of loss.<\/p>\n<p><b>About Western Asset<\/b><\/p>\n<p>\nWestern Asset is one of the world\u2019s leading fixed-income managers with 50 years of experience and $324.1 billion in assets under management (AUM) as of November 30, 2024. With a focus on long-term fundamental value investing that employs a top-down and bottom-up approach, the firm has nine offices around the globe and deep experience across the range of fixed income sectors. Founded in 1971, Western Asset has been recognized for delivering superior levels of client service alongside its approach emphasizing team management and intensive proprietary research, supported by robust risk management. To learn more about Western Asset, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.westernasset.com&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=www.westernasset.com&amp;index=2&amp;md5=b92f9723999be434d7ab0822b38b9a0f\">www.westernasset.com<\/a>.<\/p>\n<p><i>Western Asset is an independent specialist investment manager of Franklin Templeton.<\/i><\/p>\n<p><b>About Franklin Templeton<\/b><\/p>\n<p>\nFranklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton\u2019s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and approximately $1.6 trillion in assets under management as of December 31, 2024. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.franklintempleton.com%2F&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=franklintempleton.com&amp;index=3&amp;md5=d9028644b886be39a1ac404b05680da4\">franklintempleton.com<\/a> and follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffranklin-templeton%2F&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=08bfe8aafa4c9b5dbd44126c127b45d0\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFTI_US&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=X&amp;index=5&amp;md5=b5845fe191ce3bb61bf33ff20404fe8a\">X<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Ffranklintempleton%2F&amp;esheet=54176774&amp;newsitemid=20250110959685&amp;lan=en-US&amp;anchor=Facebook&amp;index=6&amp;md5=4b358a76ea9227e5e5915d66231ba5e7\">Facebook<\/a>.<\/p>\n<p>\nCategory: Fund Announcement<\/p>\n<p>\nSource: Franklin Resources, Inc.<\/p>\n<p>\nSource: Legg Mason Closed End Funds<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250110959685r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250110959685\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250110959685\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Contact: Fund Investor Services-1-888-777-0102<\/p>\n<p>\nMedia Contact: Lisa Tibbitts<br \/>\n<br \/>+1 (904) 942-4451<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Lisa.Tibbitts@franklintempleton.com\">Lisa.Tibbitts@franklintempleton.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) (the \u201cFund\u201d) Announces Portfolio Management Team Update NEW YORK&#8211;(BUSINESS WIRE)&#8211; Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Prashant Chandran Christopher Kilpatrick Rafael Zielonka Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s web site at www.franklintempleton.com\/investments\/options\/closed-end-funds. The information contained on the Fund\u2019s web site is not part of this press release. Hard copies of the Fund\u2019s complete audited financial statements &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-emerging-markets-debt-fund-inc-nyse-emd-the-fund-announces-portfolio-management-team-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Western Asset Emerging Markets Debt Fund Inc. (NYSE: EMD) (the \u201cFund\u201d) Announces Portfolio Management Team Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799662","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Western Asset Emerging Markets Debt Fund Inc. 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(NYSE: EMD) (the \u201cFund\u201d) Announces Portfolio Management Team Update NEW YORK&#8211;(BUSINESS WIRE)&#8211; Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Gordon Brown Prashant Chandran Christopher Kilpatrick Rafael Zielonka Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund\u2019s web site at www.franklintempleton.com\/investments\/options\/closed-end-funds. The information contained on the Fund\u2019s web site is not part of this press release. Hard copies of the Fund\u2019s complete audited financial statements &hellip; Continue reading &quot;Western Asset Emerging Markets Debt Fund Inc. 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