Raymond James Financial Inc. Makes New Investment in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Raymond James Financial Inc. purchased a new position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 71,605 shares of the company's stock, valued at approximately $551,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. IFP Advisors Inc bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the fourth quarter valued at about $31,000. Jones Financial Companies Lllp grew 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 worth $80,000 after purchasing an additional 4,450 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the 3rd quarter valued at $136,000. Dynamic Advisor Solutions LLC raised its stake in Morgan Stanley Emerging Markets Debt Fund by 21.2% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company's stock worth $269,000 after acquiring an additional 6,112 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in Morgan Stanley Emerging Markets Debt Fund by 57.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 47,680 shares of the company's stock worth $367,000 after acquiring an additional 17,307 shares during the period.

Morgan Stanley Emerging Markets Debt Fund Stock Up 0.5 %

Shares of MSD stock traded up $0.04 during mid-day trading on Friday, reaching $7.49. The stock had a trading volume of 65,079 shares, compared to its average volume of 81,768. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 1-year low of $6.91 and a 1-year high of $8.32. The business's fifty day moving average is $7.73 and its 200-day moving average is $7.79.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 11.75%. 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.