Pekin Hardy Strauss Inc. Grows Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Pekin Hardy Strauss Inc. grew its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 22.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 156,408 shares of the investment management company’s stock after buying an additional 28,908 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Shaker Financial Services LLC grew its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 152.5% during the 2nd quarter. Shaker Financial Services LLC now owns 228,932 shares of the investment management company’s stock valued at $1,200,000 after acquiring an additional 138,283 shares in the last quarter. PenderFund Capital Management Ltd. lifted its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 767.0% in the 1st quarter. PenderFund Capital Management Ltd. now owns 122,646 shares of the investment management company’s stock worth $576,000 after purchasing an additional 108,500 shares in the last quarter. GraniteShares Advisors LLC boosted its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 6.7% during the 2nd quarter. GraniteShares Advisors LLC now owns 623,608 shares of the investment management company’s stock worth $3,193,000 after purchasing an additional 38,973 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter valued at approximately $145,000. Finally, GM Advisory Group LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter valued at approximately $132,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.3%

Shares of Morgan Stanley Emerging Markets Domestic Debt Fund stock opened at $5.32 on Friday. The business’s 50 day moving average price is $5.38 and its 200 day moving average price is $5.18. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a one year low of $4.28 and a one year high of $5.69.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 9.0%. The ex-dividend date was Tuesday, September 30th.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets.