Invesco Ltd. Has $4.83 Million Stock Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Invesco Ltd. cut its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 6.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,028,314 shares of the investment management company’s stock after selling 75,752 shares during the quarter. Invesco Ltd.’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $4,833,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. LexAurum Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the first quarter valued at about $135,000. Comerica Bank raised its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 26.2% in the fourth quarter. Comerica Bank now owns 28,970 shares of the investment management company’s stock worth $132,000 after acquiring an additional 6,010 shares during the period. Wolverine Asset Management LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter worth about $145,000. Ancora Advisors LLC raised its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 76.0% in the fourth quarter. Ancora Advisors LLC now owns 48,871 shares of the investment management company’s stock worth $222,000 after acquiring an additional 21,100 shares during the period. Finally, Bulldog Investors LLP raised its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 340.0% in the fourth quarter. Bulldog Investors LLP now owns 55,414 shares of the investment management company’s stock valued at $252,000 after purchasing an additional 42,820 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

NYSE EDD opened at $5.29 on Thursday. The company’s 50 day moving average is $5.19 and its 200-day moving average is $4.94. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12-month low of $4.28 and a 12-month high of $5.42.

Morgan Stanley Emerging Markets Domestic Debt Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.48 annualized dividend and a dividend yield of 9.1%.

About Morgan Stanley Emerging Markets Domestic Debt Fund

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.