Shaker Financial Services LLC Purchases 85,674 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Shaker Financial Services LLC grew its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 58.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 231,346 shares of the investment management company’s stock after buying an additional 85,674 shares during the period. Shaker Financial Services LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC increased its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 2,687,281 shares of the investment management company’s stock worth $12,616,000 after purchasing an additional 237,111 shares during the last quarter. Raymond James & Associates raised its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.6% in the 3rd quarter. Raymond James & Associates now owns 898,515 shares of the investment management company’s stock valued at $4,529,000 after acquiring an additional 14,311 shares in the last quarter. Bridge Advisory LLC raised its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 2.7% during the 3rd quarter. Bridge Advisory LLC now owns 682,472 shares of the investment management company’s stock worth $3,440,000 after buying an additional 17,865 shares in the last quarter. Private Advisor Group LLC increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.4% in the 3rd quarter. Private Advisor Group LLC now owns 156,250 shares of the investment management company’s stock worth $788,000 after purchasing an additional 5,200 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 9.7% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 124,000 shares of the investment management company’s stock worth $565,000 after purchasing an additional 11,000 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.4 %

NYSE EDD opened at $4.75 on Thursday. The business’s 50-day moving average price is $4.92 and its two-hundred day moving average price is $4.81. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12 month low of $4.42 and a 12 month high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.135 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.54 annualized dividend and a yield of 11.37%.

Morgan Stanley Emerging Markets Domestic Debt Fund Profile

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.