Everstar Asset Management LLC Has $949,000 Position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Everstar Asset Management LLC trimmed its holdings in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 9.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,273 shares of the company’s stock after selling 12,160 shares during the quarter. Everstar Asset Management LLC’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the fourth quarter valued at approximately $551,000. Jones Financial Companies Lllp increased 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 acquiring an additional 4,450 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at $2,186,000. GraniteShares Advisors LLC bought a new position in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $2,481,000. Finally, IFP Advisors Inc acquired a new stake in Morgan Stanley Emerging Markets Debt Fund in the fourth quarter worth $31,000.

Morgan Stanley Emerging Markets Debt Fund Stock Down 1.4 %

MSD opened at $8.11 on Monday. The company has a fifty day moving average price of $8.11 and a two-hundred day moving average price of $7.88. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 1-year low of $6.86 and a 1-year high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 10.85%. The ex-dividend date of this dividend is Monday, March 31st.

About Morgan Stanley Emerging Markets Debt Fund

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.