Comprehensive Money Management Services LLC Acquires Shares of 54,195 Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Comprehensive Money Management Services LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 54,195 shares of the company's stock, valued at approximately $417,000.

A number of other large investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its holdings in Morgan Stanley Emerging Markets Debt Fund by 67.9% in the 4th quarter. Ameriprise Financial Inc. now owns 213,091 shares of the company's stock valued at $1,616,000 after buying an additional 86,190 shares during the last quarter. Stifel Financial Corp acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at approximately $91,000. Raymond James Financial Inc. acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at approximately $551,000. Jones Financial Companies Lllp increased its position in Morgan Stanley Emerging Markets Debt Fund by 74.8% during the 4th quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company's stock valued at $80,000 after purchasing an additional 4,450 shares during the period. Finally, Whipplewood Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at approximately $2,186,000.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

NYSE:MSD traded up $0.01 on Friday, reaching $7.69. 47,814 shares of the stock traded hands, compared to its average volume of 81,550. The company's 50 day moving average is $7.56 and its 200-day moving average is $7.78. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 1-year low of $6.91 and a 1-year high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 11.44%. The ex-dividend date of this dividend was Monday, March 31st.

Morgan Stanley Emerging Markets Debt Fund 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.