Morgan Stanley Emerging Markets Debt Fund (MSD) to Issue Quarterly Dividend of $0.14 on April 15th

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) announced a quarterly dividend on Friday, March 20th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.14 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Tuesday, March 31st.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of MSD traded down $0.16 during midday trading on Friday, hitting $7.10. The stock had a trading volume of 152,543 shares, compared to its average volume of 98,357. The business has a 50-day simple moving average of $7.63 and a two-hundred day simple moving average of $7.48. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.91 and a fifty-two week high of $8.20.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) is a closed-end management investment company that seeks to provide a high level of current income. The fund primarily invests in U.S. dollar-denominated sovereign and corporate debt securities issued by governments and corporations in emerging market countries.

MSD’s investment strategy emphasizes diversification across regions, sectors and issuers. The fund’s portfolio managers use fundamental credit analysis to identify opportunities in markets such as Latin America, Eastern Europe, the Middle East, Africa and Asia.