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Compare · EMD vs NEA

EMD vs NEA

Side-by-side comparison of Western Asset Emerging Markets Debt Fund Inc (EMD) and Nuveen AMT-Free Quality Municipal Income Fund (NEA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both EMD and NEA operate in Finance/Investors Services (Finance), so they compete in similar markets.
  • NEA is the larger of the two at $4.19B, about 5.7x EMD ($731.4M).
  • Over the past year, EMD is up 6.8% and NEA is up 6.2% - EMD leads by 0.6 points.
  • EMD has hit the wire 2 times in the past 4 weeks while NEA has been quiet.
PerformanceEMD+6.78%NEA+6.21%
2025-06-09+0.00%2026-06-08
MetricEMDNEA
Company
Western Asset Emerging Markets Debt Fund Inc
Nuveen AMT-Free Quality Municipal Income Fund
Price
$10.40+0.39%
$11.46-0.26%
Market cap
$731.4M
$4.19B
1M return
-2.53%
-1.08%
1Y return
+6.78%
+6.21%
Sector
Finance
Finance
Industry
Finance/Investors Services
Finance/Investors Services
Exchange
NYSE
NYSE
IPO
2002
News (4w)
2
0
Recent ratings
0
0
EMD

Western Asset Emerging Markets Debt Fund Inc

Western Asset Emerging Markets Debt Fund Inc. is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio. It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global. The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.

NEA

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

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