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 ...
EMD is an actively-managed dollar-denominated emerging market debt leveraged CEF. Each adjective has important implications for shareholders. As EMD is actively-managed, performance is somewhat ...
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 ...
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