Wstrn Asst Emrgng Mrkts Incm Fnd (EMD) : Saba Capital Management scooped up 767,033 additional shares in Wstrn Asst Emrgng Mrkts Incm Fnd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 2,205,610 shares of Wstrn Asst Emrgng Mrkts Incm Fnd which is valued at $25,364,515.Wstrn Asst Emrgng Mrkts Incm Fnd makes up approximately 2.95% of Saba Capital Management’s portfolio.
Other Hedge Funds, Including , Guggenheim Capital boosted its stake in EMD in the latest quarter, The investment management firm added 10,560 additional shares and now holds a total of 39,610 shares of Wstrn Asst Emrgng Mrkts Incm Fnd which is valued at $455,515. Tower Research Capital (trc) sold out all of its stake in EMD during the most recent quarter. The investment firm sold 138 shares of EMD which is valued $1,587.Advisors Asset Management reduced its stake in EMD by selling 182,140 shares or 29.69% in the most recent quarter. The Hedge Fund company now holds 431,280 shares of EMD which is valued at $4,972,658. Wstrn Asst Emrgng Mrkts Incm Fnd makes up approx 0.08% of Advisors Asset Management’s portfolio. Cardan Capital Partners added EMD to its portfolio by purchasing 10,142 company shares during the most recent quarter which is valued at $114,605. Wstrn Asst Emrgng Mrkts Incm Fnd makes up approx 0.03% of Cardan Capital Partners’s portfolio.
Western Asset Emerging Markets Income Fund Inc. is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to seek high current income. As a secondary objective the Fund seeks capital appreciation. The Fund under normal conditions invests at least 80% of its net assets plus any borrowings for investment purposes in debt securities of government and government-related issuers located in emerging market countries including participations in loans between governments and financial institutions and of entities organized to restructure the outstanding debt of such issuers and in debt securities of corporate issuers located in emerging market countries. The Fund invests in sovereign bonds energy materials telecommunication services and financials among others. Legg Mason Partners Fund Advisor LLC (LMPFA) is the Fund’s investment manager.