Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) Declares $0.16 Quarterly Dividend

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.16 per share by the investment management company on Tuesday, April 15th. This represents a $0.64 annualized dividend and a dividend yield of 13.22%. The ex-dividend date is Monday, March 31st.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.4 %

EDD traded down $0.02 during trading on Friday, hitting $4.84. The company had a trading volume of 185,525 shares, compared to its average volume of 247,768. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1-year low of $4.34 and a 1-year high of $5.20. The business has a 50-day moving average of $4.76 and a 200-day moving average of $4.74.

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.