Penserra Capital Management LLC Purchases New Holdings in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Penserra Capital Management LLC purchased a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,838,810 shares of the investment management company’s stock, valued at approximately $9,267,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pathstone Holdings LLC increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 13.6% during the third quarter. Pathstone Holdings LLC now owns 4,399,132 shares of the investment management company’s stock worth $22,174,000 after buying an additional 527,452 shares during the last quarter. Evergreen Capital Management LLC increased its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 2,687,281 shares of the investment management company’s stock worth $12,616,000 after purchasing an additional 237,111 shares during the last quarter. Shaker Financial Services LLC raised its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 58.8% in the 3rd quarter. Shaker Financial Services LLC now owns 231,346 shares of the investment management company’s stock valued at $1,197,000 after purchasing an additional 85,674 shares during the period. OneDigital Investment Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the 3rd quarter valued at about $164,000. Finally, Bridge Advisory LLC lifted its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 4.6% in the 2nd quarter. Bridge Advisory LLC now owns 664,607 shares of the investment management company’s stock valued at $3,031,000 after purchasing an additional 29,483 shares during the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

Shares of NYSE EDD opened at $4.61 on Monday. The business’s 50 day moving average price is $4.86 and its two-hundred day moving average price is $4.82. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a twelve month low of $4.42 and a twelve month high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 11.71%. The ex-dividend date of this dividend was Monday, September 30th.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual 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 typically invests in government bonds denominated in the local currencies of emerging markets.