PFG Investments LLC Acquires New Shares in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

PFG Investments LLC bought a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 99,500 shares of the investment management company’s stock, valued at approximately $473,000.

A number of other hedge funds have also added to or reduced their stakes in EDD. Jump Financial LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 3rd quarter worth $60,000. Fortitude Family Office LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 4th quarter worth $61,000. Nomura Holdings Inc. purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 4th quarter worth $61,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 3rd quarter worth $82,000. Finally, Wolverine Asset Management LLC increased its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 671.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 30,389 shares of the investment management company’s stock worth $129,000 after purchasing an additional 26,449 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.4 %

Shares of NYSE:EDD traded down $0.02 during midday trading on Tuesday, hitting $4.50. The company had a trading volume of 178,621 shares, compared to its average volume of 232,927. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12-month low of $4.22 and a 12-month high of $4.95. The company has a fifty day moving average of $4.66 and a two-hundred day moving average of $4.64.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.09 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.36 annualized dividend and a dividend yield of 8.00%.

Morgan Stanley Emerging Markets Domestic Debt Fund Company 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.