Western Asset Emerging Markets Income Fund Inc. Announces Financial Position as of August 31, 2012

Before you go, we thought you'd like these...
Before you go close icon

Western Asset Emerging Markets Income Fund Inc. Announces Financial Position as of August 31, 2012

NEW YORK--(BUSINESS WIRE)-- Western Asset Emerging Markets Income Fund Inc. (NYS: EMD) today announced the financial position of the Fund as of August 31, 2012.

 Current Q Previous Q Prior Yr Q
August 31, 2012May 31, 2012August 31, 2011
Total Net Assets$450,088,294$423,289,573$435,996,398
NAV Per Share of Common Stock (a)$15.73$14.79$15.24
Market Price Per Share$15.95$13.80$14.82
Premium / (Discount)1.40%(6.69)%(2.76)%
Outstanding Shares28,613,96428,613,96428,613,964
 
Total Net Investment Income (b)$5,749,151$5,958,683$6,319,633
Total Net Realized/Unrealized Gain/(Loss) (b)$28,346,131 $(17,380,188)$5,878,299 
Net Increase (Decrease) in Net Assets From Operations (b)$34,095,282 $(11,421,505)$12,197,932 
 

Earnings per Common Share Outstanding

Total Net Investment Income (b)$0.20$0.21$0.22
Total Net Realized/Unrealized Gain/(Loss) (b)$0.99 $(0.61)$0.21 
Net Increase (Decrease) in Net Assets From Operations (b)$1.19 $(0.40)$0.43 
 
Undistributed/(Overdistributed) Net Investment Income (c)$11,829,637$12,005,771$7,889,596
Undistributed/(Overdistributed) Net Investment Income
Per Share (c)$0.41$0.42$0.28

Footnotes:


(a) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

(b) For the quarter indicated.

(c) As of the date indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q.These reports are available on the Commission's website atwww.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Emerging Markets Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the manager.

For more information, please call 1-888-777-0102 or consult the Fund's web site at www.lmcef.com.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.



Western Asset Emerging Markets Income Fund Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Western Asset Emerging Markets Income Fund Inc. Announces Financial Position as of August 31, 2012 originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners