Ukraine proposes $100 bln US weapons deal for security guarantees - FT
In a challenging economic climate, Western Asset Emerging Markets Debt Fund Inc. (EMD) stock has reached a 52-week low, dipping to $8.88. According to InvestingPro data, the fund offers an attractive 11.7% dividend yield and has maintained dividend payments for 22 consecutive years. The fund, which focuses on debt from emerging markets, has been navigating through a period of heightened volatility and investor caution. With a beta of 0.78 and a P/E ratio of 8.42, the fund has demonstrated relatively low volatility compared to the broader market. InvestingPro analysis indicates the stock is currently in oversold territory, suggesting potential value for contrarian investors. Get access to 5 more exclusive ProTips and detailed financial metrics with InvestingPro.
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