Morgan Stanley Emerging Markets Domestic Debt Fund (NYSE:EDD) Shares Pass Below 200-Day Moving Average of $4.63

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.63 and traded as low as $4.50. Morgan Stanley Emerging Markets Domestic Debt Fund shares last traded at $4.53, with a volume of 304,215 shares.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Up 0.4 %

The stock has a fifty day moving average price of $4.68 and a 200-day moving average price of $4.63.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date was Wednesday, March 27th.

Institutional Trading of Morgan Stanley Emerging Markets Domestic Debt Fund

A number of institutional investors have recently modified their holdings of EDD. HB Wealth Management LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter worth about $43,000. Jump Financial LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter worth about $60,000. Fortitude Family Office LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter worth about $61,000. Nomura Holdings Inc. acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter worth approximately $61,000. Finally, Landscape Capital Management L.L.C. acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter worth approximately $82,000.

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.