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

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) announced a quarterly dividend on Friday, September 18th. Investors of record on Wednesday, September 30th will be given a dividend of $0.1450 per share on Thursday, October 15th. This represents a $0.58 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 3.3% decrease from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.15.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

NYSE:MSD opened at $6.99 on Monday. The business has a 50 day moving average of $7.24 and a 200 day moving average of $7.30. Morgan Stanley Emerging Markets Debt Fund has a 1-year low of $6.75 and a 1-year high of $7.94.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Debt Fund

Institutional investors have recently made changes to their positions in the business. Dynamic Advisor Solutions LLC increased its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 3.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 49,899 shares of the company’s stock worth $364,000 after buying an additional 1,633 shares during the period. Private Advisor Group LLC lifted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 21.6% in the 1st quarter. Private Advisor Group LLC now owns 12,651 shares of the company’s stock valued at $89,000 after acquiring an additional 2,246 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Morgan Stanley Emerging Markets Debt Fund during the 1st quarter valued at about $28,000. Wealthstar Advisors LLC grew its position in Morgan Stanley Emerging Markets Debt Fund by 5.4% during the 1st quarter. Wealthstar Advisors LLC now owns 82,886 shares of the company’s stock worth $582,000 after acquiring an additional 4,282 shares during the last quarter. Finally, Noble Wealth Management PBC bought a new position in Morgan Stanley Emerging Markets Debt Fund during the 2nd quarter worth approximately $34,000.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol MSD. The fund is managed by Morgan Stanley Investment Management and seeks to provide investors with current income and, to a lesser extent, capital appreciation through investments in emerging-market debt securities.

The fund invests primarily in fixed-income securities issued by governments, government-related entities and companies in emerging-market countries.