Western Asset Emerging Markets Debt Fund (EMD) vs Gladstone Investment Business Development (GAIN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Gladstone Investment Business Development trades at a lower trailing P/E (3.7x vs 5.9x for Western Asset Emerging Markets Debt Fund). Western Asset Emerging Markets Debt Fund offers the higher dividend yield (12.36% vs 6.24%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EMD | GAIN |
|---|---|---|
| Share price | $9.22 | $15.38 |
| 1-day change | 0.00% | +0.59% |
| YTD return | — | +10.09% |
| 1-year return | — | +12.92% |
| 5-year return | — | +4.55% |
| P/E ratio (TTM) | 5.87 | 3.65 |
| Forward P/E | — | 15.15 |
| EPS (TTM) | $1.57 | $4.21 |
| Dividend yield | 12.36% | 6.24% |
| Annual dividend | $1.14 | $0.96 |
| 52-week high | $11.30 | $17.14 |
| 52-week low | $9.10 | $13.11 |
| Distance from 52-week high | -18.41% | -10.27% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +10.53% |
| Average volume | 199.22K | 178.34K |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Western Asset Emerging Markets Debt Fund trades at a higher earnings multiple (5.9x vs 3.7x trailing P/E).
- Western Asset Emerging Markets Debt Fund offers a meaningfully higher dividend yield (12.36% vs 6.24%).
About Western Asset Emerging Markets Debt Fund
EMD stock →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.
Finance · Finance/Investors Services
About Gladstone Investment Business Development
GAIN stock →Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.
Finance · Finance: Consumer Services
EMD vs GAIN FAQ
Which has the lower P/E ratio, EMD or GAIN?
GAIN has the lower trailing P/E at 3.7, versus 5.9 for EMD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Western Asset Emerging Markets Debt Fund or Gladstone Investment Business Development?
Western Asset Emerging Markets Debt Fund has the higher yield at 12.36%, compared with 6.24% for Gladstone Investment Business Development.
Are Western Asset Emerging Markets Debt Fund and Gladstone Investment Business Development in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for Western Asset Emerging Markets Debt Fund and Finance: Consumer Services for Gladstone Investment Business Development.