Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Trading Up 0.5% - What's Next?

Key Points

• The Morgan Stanley Emerging Markets Debt Fund (MSD) experienced a 0.5% increase in trading, with its last recorded price at $7.33.
• A quarterly dividend of $0.17 per share was declared, representing an annualized yield of 9.3%, with the ex-dividend date on September 30th.
• Several large investors, including Valeo Financial Advisors and Round Rock Advisors, have recently increased their holdings in the fund, indicating positive institutional interest.

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD - ) was up 0.5% during trading on Monday . The stock traded as high as $7.34 and last traded at $7.33. Approximately 97,590 shares traded hands during trading, a decline of 15% from the average daily volume of 114,874 shares. The stock had previously closed at $7.30.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.5%

The firm's fifty day simple moving average is $7.45 and its 200 day simple moving average is $7.54.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 9.3%. The ex-dividend date was Tuesday, September 30th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MSD. Valeo Financial Advisors LLC raised its stake in Morgan Stanley Emerging Markets Debt Fund by 13.3% during the 1st quarter. Valeo Financial Advisors LLC now owns 54,005 shares of the company's stock worth $435,000 after acquiring an additional 6,325 shares in the last quarter. Round Rock Advisors LLC raised its stake in Morgan Stanley Emerging Markets Debt Fund by 51.5% during the 1st quarter. Round Rock Advisors LLC now owns 17,528 shares of the company's stock worth $141,000 after acquiring an additional 5,955 shares in the last quarter. Private Advisor Group LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 1st quarter worth $295,000. Kovack Advisors Inc. raised its stake in Morgan Stanley Emerging Markets Debt Fund by 9.5% during the 1st quarter. Kovack Advisors Inc. now owns 43,157 shares of the company's stock worth $347,000 after acquiring an additional 3,750 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Morgan Stanley Emerging Markets Debt Fund by 20.6% during the 1st quarter. LPL Financial LLC now owns 241,135 shares of the company's stock worth $1,941,000 after acquiring an additional 41,126 shares in the last quarter.

About Morgan Stanley Emerging Markets Debt Fund

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.

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