Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC lowered its position in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSDFree Report) by 49.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,920 shares of the company’s stock after selling 11,745 shares during the quarter. Tortoise Investment Management LLC’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $83,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthstar Advisors LLC boosted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 86.2% during the fourth quarter. Wealthstar Advisors LLC now owns 75,546 shares of the company’s stock worth $525,000 after purchasing an additional 34,979 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund in the 4th quarter valued at about $97,000. Rathbones Group PLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the 3rd quarter valued at about $65,000. Cullen Frost Bankers Inc. grew its holdings in Morgan Stanley Emerging Markets Debt Fund by 50.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock valued at $83,000 after purchasing an additional 4,000 shares during the period. Finally, Daymark Wealth Partners LLC lifted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% in the 4th quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock valued at $98,000 after purchasing an additional 3,000 shares in the last quarter.

Morgan Stanley Emerging Markets Debt Fund Stock Down 0.8 %

Morgan Stanley Emerging Markets Debt Fund stock traded down $0.06 during trading on Friday, reaching $7.38. 47,973 shares of the company’s stock were exchanged, compared to its average volume of 67,521. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 52-week low of $6.11 and a 52-week high of $7.48. The company’s 50-day moving average is $7.13 and its two-hundred day moving average is $7.06.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.21 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 11.38%.

Morgan Stanley Emerging Markets Debt Fund Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD)

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