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Western Asset Emerging Markets Income Fund Inc. Announces Financial Position as of February 28, 2009

Wed. April 08, 2009; Posted: 05:00 PM
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NEW YORK, Apr 08, 2009 (BUSINESS WIRE) -- EMD | Quote | Chart | News | PowerRating -- Western Asset Emerging Markets Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "EMD," today announced the financial position of the Fund as of February 28, 2009.

                                                          Current Qtr           Previous Qtr           Prior Yr Qtr
                                                          February 28, 2009     November 30, 2008      February 29, 2008
Total Assets (a)                                          $        300,686,110  $        297,048,709   $        377,023,176
Total Net Assets (a)                                      $        299,294,406  $        287,904,545   $        357,212,772
NAV Per Share of Common Stock (b)                         $        10.46        $        10.06         $        14.62
Market Price Per Share                                    $        7.51         $        6.98          $        12.86
Premium / (Discount)                                               (28.20)%              (30.62)%               (12.04)%
Outstanding Shares                                                 28,613,964            28,613,964             24,432,561
Total Net Investment Income (c)                           $        6,325,409    $        5,180,533     $        5,778,403
Total Net Investment Income Per Share (c)                 $        0.22         $        0.18          $        0.24
Total Net Realized/Unrealized Gain/(Loss) (c)             $        13,362,501   $        (94,810,834)  $        (3,325,309)
Total Net Realized/Unrealized Gain/(Loss) Per Share (c)   $        0.47         $        (3.31)        $        (0.14)
Undistributed/(Overdistributed) Net Investment Income (d) $        12,677,293   $        14,649,933    $        13,066,624
Undistributed/(Overdistributed) Net Investment Income
Per Share (d)                                             $        0.44         $        0.51          $        0.53
Footnotes:
(a)  The difference between total assets and total net assets is due
     primarily to the issuance of preferred stock and/or the Fund's use
     of borrowings; total net assets do not include borrowings and the
     redemption value of preferred stock, if any.
(b)  NAVs are calculated as of the close of business on the last business
     day in the periods indicated above.
(c)  For the quarter indicated.
(d)  As of the period 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 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 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 investment manager.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund's website at www.leggmason.com/cef.

SOURCE: Western Asset Emerging Markets Income Fund Inc.

Legg Mason & Co., LLC 
Brenda Grandell, 1-212-857-8087 
Director, Closed-End Funds
For full details for EMD click here.

    


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