Shaker Financial Services LLC Has $1.20 Million Stock Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Shaker Financial Services LLC grew its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 152.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 228,932 shares of the investment management company’s stock after acquiring an additional 138,283 shares during the period. Shaker Financial Services LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $1,200,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. PenderFund Capital Management Ltd. increased its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 767.0% in the first quarter. PenderFund Capital Management Ltd. now owns 122,646 shares of the investment management company’s stock valued at $576,000 after purchasing an additional 108,500 shares during the period. GraniteShares Advisors LLC increased its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 6.7% in the second quarter. GraniteShares Advisors LLC now owns 623,608 shares of the investment management company’s stock valued at $3,193,000 after buying an additional 38,973 shares during the period. Wolverine Asset Management LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the first quarter valued at about $145,000. GM Advisory Group LLC bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the first quarter worth about $132,000. Finally, Capital Investment Advisors LLC lifted its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 68.4% in the second quarter. Capital Investment Advisors LLC now owns 29,806 shares of the investment management company’s stock worth $153,000 after acquiring an additional 12,106 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

NYSE:EDD opened at $5.36 on Monday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a fifty-two week low of $4.28 and a fifty-two week high of $5.69. The company has a 50 day simple moving average of $5.38 and a two-hundred day simple moving average of $5.16.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.48 annualized dividend and a dividend yield of 9.0%.

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.