Edward is not here, apparently, but famous (5)
I believe the answer is:
noted
'famous' is the definition.
(noted can mean well-known or famous)
'edward is not here apparently' is the wordplay.
I cannot quite understand how this works, but
'edward' could be 'ted' and 'ted' is present in the answer.
'not' could be 'no' (negative) and 'no' is found within the answer.
No letters remain.
This may be the basis of the clue (or it may be nonsense).
'but' acts as a link.
Can you help me to learn more?
(Other definitions for noted that I've seen before include "Famed" , "Significant" , "Famous or eminent" , "Famous, well-known - entered into little book" , "Remarked - famous" .)