Western Asset Emerging Markets Debt Fund Inc (EMD) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EMD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMD
EMD charges 0.02% annually. No mutual funds in the Emerging Markets Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | EMD vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | EMD vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.35% | — | Dec 2017 | EMD vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | EMD vs SEDAX | |
| Vanguard Emerging Markets Bond Fund Investor Share... | 0.50% | 5.90B | Mar 2016 | EMD vs VEMBX |
Best Risk-Adjusted Alternatives to EMD
EMD has a PortfoliosLab risk / return rank of 31. There are 71 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 99 | — | Feb 2014 | EMD vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | EMD vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | EMD vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Feb 2013 | EMD vs EELDX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | EMD vs FEMDX |
Top Performing EMD Alternatives (YTD)
EMD is at 5.44% YTD. There are 12 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 15.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Emerging Markets Domestic Fund | 15.39% | — | Apr 2007 | EMD vs EDD | |
| Virtus Stone Harbor Emerging Markets Income Fund | 13.59% | — | Dec 2010 | EMD vs EDF | |
| Templeton Emerging Markets Income Fund | 9.10% | — | — | EMD vs TEI | |
| Franklin Emerging Market Debt Opportunities Fund | 8.80% | — | May 2006 | EMD vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.57% | — | Feb 2013 | EMD vs EELDX |
Lowest Volatility Alternatives to EMD
EMD has 12.77% 1-year volatility. There are 76 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.24% | — | Apr 2014 | EMD vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 2.03% | — | Apr 2010 | EMD vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | EMD vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | 2.05% | — | Nov 2013 | EMD vs PYCEX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.17% | — | Apr 2010 | EMD vs DBLEX |
Lowest Drawdown Alternatives to EMD
EMD has a 1-year max drawdown of -13.33%. There are 77 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | EMD vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | EMD vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | EMD vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | EMD vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | EMD vs PYCEX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 9 | 3.59% | — | Jan 1968 | EMD vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 38 | -12.38% | — | May 1969 | EMD vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 91 | 5.62% | — | — | EMD vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 22 | 6.30% | — | Apr 1948 | EMD vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund Inc. | MLPs, Energy Equities | 37 | 20.68% | — | Jun 2011 | EMD vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 38 | 8.00% | — | Jan 1987 | EMD vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | 1.07% | — | Aug 1997 | EMD vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 60 | 13.92% | — | Oct 1990 | EMD vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 94 | 5.78% | — | Aug 1997 | EMD vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | -0.18% | — | Oct 1983 | EMD vs SHRAX |
Often Compared With EMD
Investors most often compare EMD with EMB, FSEDX, EADOX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EMD with Any Fund or Stock
Compare EMD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMD with funds that move differently
Western Asset Emerging Markets Debt Fund Inc alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMD.
Explore EMD Diversifiers