EMD offers a strong 11.0% distribution yield and a 12.5% discount to NAV, making it an attractive investment. EMD's distribution coverage ratio has improved, and the fund has outperformed relevant ...
Caterpillar Inc. on Aug. 31 marked the 100th anniversary of EMD®. Founded as Electro-Motive Engineering Corporation, EMD is now a product brand of Progress Rail, a Caterpillar company. (Courtesy of ...
Western Asset Emerging Markets Debt Fund is rated a hold due to limited appeal at current valuations and inconsistent dividend coverage. EMD's 10.7% yield is attractive, but payout sustainability is ...