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Western Asset Emerging Markets Income Fund Inc. Announces Financial Position as of February 28, 2011


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NEW YORK--([ BUSINESS WIRE ])--Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD) today announced the financial position of the Fund as of February 28, 2011.

Current QPrevious QPrior Yr Q
February 28, 2011November 30, 2010February 28, 2010
Total Net Assets $ 417,225,437 $ 424,097,773 $ 400,225,092
NAV Per Share of Common Stock (a) $ 14.58 $ 14.82 $ 13.99
Market Price Per Share $ 12.81 $ 13.64 $ 12.57
Premium / (Discount) (12.14 )% (7.96 )% (10.15 )%
Outstanding Shares 28,613,964 28,613,964 28,613,964
Total Net Investment Income (b) $ 6,335,974 $ 6,306,489 $ 6,278,050
Total Net Realized/Unrealized Gain/(Loss) (b) $ (6,627,098 ) $ (1,479,444 ) $ (1,143,866 )
Net Increase (Decrease) in Net Assets From Operations (b) $ (291,124 ) $ 4,827,045 $ 5,134,184

Earnings per Common Share Outstanding

Total Net Investment Income (b) $ 0.22 $ 0.22 $ 0.22
Total Net Realized/Unrealized Gain/(Loss) (b) $ (0.23 ) $ (0.05 ) $ (0.04 )
Net Increase (Decrease) in Net Assets From Operations (b) $ (0.01 ) $ 0.17 $ 0.18
Undistributed/(Overdistributed) Net Investment Income (c) $ 4,756,188 $ 5,001,426 $ 1,133,688
Undistributed/(Overdistributed) Net Investment Income
Per Share (c) $ 0.17 $ 0.17 $ 0.04

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 Commissiona™s website at [ www.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 investment management 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 and Western Asset Management Company Limited, affiliates of the manager.

For more information, please call 1-888-777-0102 or consult the Funda™s web site at [ www.leggmason.com/cef ].

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.


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