Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC lowered its stake in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 42.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 485,609 shares of the company’s stock after selling 354,200 shares during the period. Pathstone Holdings LLC’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $3,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 21.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 17,099 shares of the company’s stock worth $126,000 after purchasing an additional 3,058 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in Morgan Stanley Emerging Markets Debt Fund by 66.7% during the second quarter. Cullen Frost Bankers Inc. now owns 20,000 shares of the company’s stock worth $147,000 after acquiring an additional 8,000 shares during the last quarter. Kovack Advisors Inc. boosted its position in Morgan Stanley Emerging Markets Debt Fund by 29.3% during the third quarter. Kovack Advisors Inc. now owns 38,549 shares of the company’s stock worth $306,000 after acquiring an additional 8,742 shares during the last quarter. Wealthspire Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter valued at $74,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the 2nd quarter worth $99,000.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

MSD stock opened at $7.70 on Friday. The stock’s fifty day simple moving average is $7.80 and its 200-day simple moving average is $7.58. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 52-week low of $6.51 and a 52-week high of $8.21.

Morgan Stanley Emerging Markets Debt Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 11.44%. The ex-dividend date was Monday, September 30th.

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.