Morgan Stanley Emerging Markets Debt Fund (MSD) to Distribute Quarterly Dividend of $0.15 on July 15th

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) announced a quarterly dividend on Thursday, June 18th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.15 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 7.1% increase from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.14.

Morgan Stanley Emerging Markets Debt Fund Price Performance

MSD opened at $7.39 on Friday. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.91 and a fifty-two week high of $7.94. The business has a fifty day simple moving average of $7.35 and a 200-day simple moving average of $7.44.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) is a closed-end management investment company that seeks to provide a high level of current income. The fund primarily invests in U.S. dollar-denominated sovereign and corporate debt securities issued by governments and corporations in emerging market countries.

MSD’s investment strategy emphasizes diversification across regions, sectors and issuers. The fund’s portfolio managers use fundamental credit analysis to identify opportunities in markets such as Latin America, Eastern Europe, the Middle East, Africa and Asia.