Karpus Management Inc. lessened its stake in Morgan Stanley Asia Pacific Fund Inc. (NYSE:APF) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,475 shares of the financial services provider’s stock after selling 15,605 shares during the quarter. Karpus Management Inc. owned about 0.77% of Morgan Stanley Asia Pacific Fund worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of APF. Gramercy Funds Management LLC boosted its stake in shares of Morgan Stanley Asia Pacific Fund by 6.8% in the 2nd quarter. Gramercy Funds Management LLC now owns 12,300 shares of the financial services provider’s stock valued at $205,000 after purchasing an additional 778 shares during the last quarter. MML Investors Services LLC bought a new position in shares of Morgan Stanley Asia Pacific Fund in the 2nd quarter valued at about $237,000. Citigroup Inc. boosted its stake in shares of Morgan Stanley Asia Pacific Fund by 48.1% in the 2nd quarter. Citigroup Inc. now owns 72,224 shares of the financial services provider’s stock valued at $1,199,000 after purchasing an additional 23,466 shares during the last quarter. Deschutes Portfolio Strategy LLC boosted its stake in shares of Morgan Stanley Asia Pacific Fund by 177.8% in the 3rd quarter. Deschutes Portfolio Strategy LLC now owns 76,662 shares of the financial services provider’s stock valued at $1,322,000 after purchasing an additional 49,062 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Morgan Stanley Asia Pacific Fund by 3.7% in the 2nd quarter. Wells Fargo & Company MN now owns 1,645,475 shares of the financial services provider’s stock valued at $27,364,000 after purchasing an additional 58,112 shares during the last quarter. Hedge funds and other institutional investors own 57.08% of the company’s stock.

Morgan Stanley Asia Pacific Fund Inc. (NYSE:APF) opened at $18.00 on Friday. Morgan Stanley Asia Pacific Fund Inc. has a one year low of $12.80 and a one year high of $18.33.

The firm also recently announced an annual dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Friday, December 22nd will be paid a $0.151 dividend. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, December 21st.

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About Morgan Stanley Asia Pacific Fund

The Morgan Stanley Asia-Pacific Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities.

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Institutional Ownership by Quarter for Morgan Stanley Asia Pacific Fund (NYSE:APF)

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