Capital Investment Advisors LLC Acquires 12,106 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Capital Investment Advisors LLC grew its stake in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 68.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,806 shares of the investment management company’s stock after buying an additional 12,106 shares during the quarter. Capital Investment Advisors LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $153,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. GraniteShares Advisors LLC increased its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 6.7% in the second quarter. GraniteShares Advisors LLC now owns 623,608 shares of the investment management company’s stock worth $3,193,000 after buying an additional 38,973 shares in the last quarter. Private Advisor Group LLC increased its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 4.9% in the first quarter. Private Advisor Group LLC now owns 194,100 shares of the investment management company’s stock worth $912,000 after buying an additional 9,016 shares in the last quarter. Royal Bank of Canada increased its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.9% in the first quarter. Royal Bank of Canada now owns 184,201 shares of the investment management company’s stock worth $866,000 after buying an additional 3,503 shares in the last quarter. PenderFund Capital Management Ltd. increased its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 767.0% in the first quarter. PenderFund Capital Management Ltd. now owns 122,646 shares of the investment management company’s stock worth $576,000 after buying an additional 108,500 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.5% in the first quarter. Cresset Asset Management LLC now owns 88,656 shares of the investment management company’s stock worth $431,000 after buying an additional 3,004 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

Shares of EDD opened at $5.30 on Friday. The business has a 50-day simple moving average of $5.35 and a two-hundred day simple moving average of $5.06. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 52 week low of $4.28 and a 52 week high of $5.69.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.48 dividend on an annualized basis 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.