Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Shares Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. lifted its stake in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Free Report) by 67.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 213,091 shares of the company's stock after purchasing an additional 86,190 shares during the quarter. Ameriprise Financial Inc.'s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $1,616,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Stifel Financial Corp acquired a new position in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth about $91,000. Raymond James Financial Inc. purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth approximately $551,000. Jones Financial Companies Lllp grew its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 74.8% in the 4th quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company's stock worth $80,000 after acquiring an additional 4,450 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the 4th quarter worth approximately $2,186,000. Finally, GraniteShares Advisors LLC purchased a new position in Morgan Stanley Emerging Markets Debt Fund in the 4th quarter valued at approximately $2,481,000.

Morgan Stanley Emerging Markets Debt Fund Trading Up 1.3%

Shares of NYSE:MSD traded up $0.10 during midday trading on Wednesday, hitting $7.83. 69,382 shares of the stock were exchanged, compared to its average volume of 81,515. Morgan Stanley Emerging Markets Debt Fund, Inc. has a twelve month low of $6.91 and a twelve month high of $8.32. The company has a 50 day moving average price of $7.54 and a 200-day moving average price of $7.78.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 11.24%. The ex-dividend date was Monday, March 31st.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income 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 primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.