Raymond James Financial Inc. Acquires Shares of 71,605 Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Raymond James Financial Inc. bought a new stake in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 71,605 shares of the company’s stock, valued at approximately $551,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in Morgan Stanley Emerging Markets Debt Fund in the third quarter valued at about $136,000. Wealthstar Advisors LLC bought a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the 4th quarter valued at about $646,000. Jones Financial Companies Lllp boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 74.8% in the 4th quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company’s stock valued at $80,000 after purchasing an additional 4,450 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in shares of Morgan Stanley Emerging Markets Debt Fund by 21.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company’s stock worth $269,000 after buying an additional 6,112 shares during the period. Finally, GraniteShares Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth approximately $2,481,000.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of NYSE MSD opened at $7.45 on Friday. The company’s 50 day simple moving average is $7.76 and its 200 day simple moving average is $7.79. 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 declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.22 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.88 annualized dividend and a dividend yield of 11.81%.

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.