Western Asset Emerging Fund Quote
| EMD Fund | USD 9.11 0.08 0.89% |
Performance1 of 100
| Odds Of DistressLess than 19
|
Western Asset is trading at 9.11 as of the 24th of April 2024, a 0.89 percent increase since the beginning of the trading day. The fund's lowest day price was 9.0. Western Asset has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Western Asset Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
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. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States. The company has 60.75 M outstanding shares of which 26.6 K shares are currently shorted by investors with about 0.13 days to cover. More on Western Asset Emerging
Moving together with Western Fund
| 0.85 | KF | Korea Closed | PairCorr |
| 0.79 | UTG | Reaves Utility If | PairCorr |
| 0.69 | TWN | Taiwan Closed | PairCorr |
| 0.87 | GDV | Gabelli Dividend | PairCorr |
| 0.64 | TDF | Templeton Dragon Closed | PairCorr |
Western Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jane Trust |
| Old Names | [ENM HLDGS, EMD Music SA] |
| Fund Concentration | Emerging Markets Bond Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Western Asset Emerging [EMD] is traded in USA and was established 24th of April 2024. The fund is not classified under any group at the present time. Western Asset Emerging currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 0.92% with the current yeild of 0.01%, while the total return for the last 3 years was -2.66%.
Western Asset Emerging has about 9.02 M in cash with 137.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Western Asset Probability Of Bankruptcy
Western Asset Target Price Odds Analysis
What are Western Asset's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Western Asset jumping above the current price in 90 days from now is about 35.81%. The Western Asset Emerging probability density function shows the probability of Western Asset fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Western Asset has a beta of 0.6012 suggesting as returns on the market go up, Western Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Asset Emerging will be expected to be much smaller as well. Additionally, western Asset Emerging has an alpha of 0.0182, implying that it can generate a 0.0182 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Western Asset to move above the current price in 90 days from now is about 35.81 (This Western Asset Emerging probability density function shows the probability of Western Fund to fall within a particular range of prices over 90 days) .
Western Asset Top Holders
| RDFI | Rareview Dynamic Fixed | Etf | Multisector Bond |
| ALTY | Global X Alternative | Etf | Aggressive Allocation |
| RNSIX | Rivernorthdoubleline Strategic Income | Mutual Fund | Multisector Bond |
| RNDLX | Rivernorthdoubleline Strategic Income | Mutual Fund | Multisector Bond |
| YYY | Amplify High Income | Etf | Tactical Allocation |
| HIPS | GraniteShares HIPS High | Etf | Aggressive Allocation |
| MDFIX | Matisse Discounted Bond | Mutual Fund | Multisector Bond |
Western Asset Emerging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Asset market risk premium is the additional return an investor will receive from holding Western Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Asset's alpha and beta are two of the key measurements used to evaluate Western Asset's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0687 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) |
Western Asset Against Markets
Picking the right benchmark for Western Asset fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Asset fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Asset is critical whether you are bullish or bearish towards Western Asset Emerging at a given time. Please also check how Western Asset's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Western Asset without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Western Fund?
Before investing in Western Asset, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Asset. To buy Western Asset fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Asset. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Asset fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Asset Emerging fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Asset Emerging fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Western Asset Emerging, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Western Asset Emerging?
The danger of trading Western Asset Emerging is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Asset is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Asset Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Western Asset Emerging. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.