Kovack Advisors Inc. Has $306,000 Holdings in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Kovack Advisors Inc. increased its position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 29.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,549 shares of the company’s stock after acquiring an additional 8,742 shares during the quarter. Kovack Advisors Inc.’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $306,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. grew its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 66.7% in 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. Valeo Financial Advisors LLC boosted its holdings in Morgan Stanley Emerging Markets Debt Fund by 125.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 30,373 shares of the company’s stock valued at $241,000 after purchasing an additional 16,873 shares during the period. Wealthspire Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter worth $74,000. Dynamic Advisor Solutions LLC increased its holdings 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 period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the second quarter valued at about $137,000.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.1 %

NYSE MSD opened at $7.57 on Friday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a twelve month low of $6.49 and a twelve month high of $8.21. The firm has a 50-day simple moving average of $7.82 and a 200 day simple moving average of $7.56.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.22 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 11.62%.

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.