Rockefeller Capital Management L.P. Takes $2.12 Million Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD)

Rockefeller Capital Management L.P. bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 467,808 shares of the investment management company’s stock, valued at approximately $2,124,000.

Other large investors have also recently bought and sold shares of the company. One Capital Management LLC acquired a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter valued at approximately $46,000. Sanctuary Advisors LLC purchased a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter worth $46,000. U.S. Capital Wealth Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter valued at $48,000. Virtu Financial LLC purchased a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the third quarter valued at $72,000. Finally, Independent Advisor Alliance purchased a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter valued at $117,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

Shares of EDD stock opened at $4.63 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 52-week low of $4.28 and a 52-week high of $5.20. The business has a 50-day simple moving average of $4.72 and a 200-day simple moving average of $4.68.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.16 per share. The ex-dividend date was Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 13.84%.

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.