Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Stock Position Raised by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 125.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,373 shares of the company’s stock after buying an additional 16,873 shares during the period. Valeo Financial Advisors LLC’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $241,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wealthspire Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 2nd quarter valued at about $74,000. Dynamic Advisor Solutions LLC grew its position in shares of Morgan Stanley Emerging Markets Debt Fund by 21.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 17,099 shares of the company’s stock valued at $126,000 after buying an additional 3,058 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 2nd quarter valued at about $137,000. Finally, Cullen Frost Bankers Inc. grew its position in shares of Morgan Stanley Emerging Markets Debt Fund by 66.7% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 20,000 shares of the company’s stock valued at $147,000 after buying an additional 8,000 shares during the last quarter.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

NYSE MSD opened at $7.87 on Wednesday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 52 week low of $6.11 and a 52 week high of $8.21. The company has a 50-day moving average price of $7.79 and a two-hundred day moving average price of $7.46.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 11.18%. The ex-dividend date was Monday, September 30th.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income 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 primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.