Stifel Financial Corp Acquires New Position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Stifel Financial Corp acquired a new stake in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 11,755 shares of the company’s stock, valued at approximately $91,000.

Several other large investors also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC lifted its holdings in shares of 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. Wealthstar Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the 4th quarter worth approximately $646,000. Valeo Financial Advisors LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 57.0% in 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 last quarter. IFP Advisors Inc acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth approximately $31,000. Finally, GraniteShares Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth approximately $2,481,000.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Morgan Stanley Emerging Markets Debt Fund stock opened at $7.57 on Friday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 52-week low of $6.91 and a 52-week high of $8.32. The company’s 50 day moving average is $7.69 and its two-hundred day moving average is $7.78.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 11.62%. 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.