IHT Wealth Management LLC Lowers Holdings in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

IHT Wealth Management LLC reduced its stake in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Free Report) by 49.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,900 shares of the company's stock after selling 46,400 shares during the period. IHT Wealth Management LLC's holdings in Morgan Stanley Emerging Markets Debt Fund were worth $369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in Morgan Stanley Emerging Markets Debt Fund during the 3rd quarter valued at about $136,000. Wealthstar Advisors LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at $646,000. Jones Financial Companies Lllp raised its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 74.8% in the fourth 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. Dynamic Advisor Solutions LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 21.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company's stock valued at $269,000 after purchasing an additional 6,112 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the fourth quarter valued at $551,000.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Shares of NYSE:MSD opened at $7.65 on Friday. The business has a 50-day simple moving average of $7.85 and a two-hundred day simple moving average of $7.80. Morgan Stanley Emerging Markets Debt Fund, Inc. has a fifty-two week low of $6.91 and a fifty-two week high of $8.32.

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 issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 11.50%. The ex-dividend date was Monday, March 31st.

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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