Western Asset Emerging Markets Debt Fund (EMD) vs Nuveen Arizona Quality Municipal Income Fund (NAZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, Western Asset Emerging Markets Debt Fund trades at a lower trailing P/E (5.9x vs 19.3x for Nuveen Arizona Quality Municipal Income Fund). Western Asset Emerging Markets Debt Fund offers the higher dividend yield (12.36% vs 7.81%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EMD | NAZ |
|---|---|---|
| Share price | $9.22 | $10.60 |
| 1-day change | -0.97% | -2.12% |
| P/E ratio (TTM) | 5.91 | 19.27 |
| EPS (TTM) | $1.56 | $0.55 |
| Dividend yield | 12.36% | 7.81% |
| Annual dividend | $1.14 | $0.828 |
| 52-week high | $11.30 | $13.42 |
| 52-week low | $9.10 | $10.18 |
| Distance from 52-week high | -18.41% | -21.01% |
| Average volume | 195.25K | 30.58K |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors 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
- Nuveen Arizona Quality Municipal Income Fund trades at a higher earnings multiple (19.3x vs 5.9x trailing P/E).
- Western Asset Emerging Markets Debt Fund offers a meaningfully higher dividend yield (12.36% vs 7.81%).
EMD vs NAZ FAQ
Which has the lower P/E ratio, EMD or NAZ?
EMD has the lower trailing P/E at 5.9, versus 19.3 for NAZ. 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 Nuveen Arizona Quality Municipal Income Fund?
Western Asset Emerging Markets Debt Fund has the higher yield at 12.36%, compared with 7.81% for Nuveen Arizona Quality Municipal Income Fund.
Are Western Asset Emerging Markets Debt Fund and Nuveen Arizona Quality Municipal Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.