Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) Stock Holdings Reduced by Alexander Randolph Advisory Inc.

Alexander Randolph Advisory Inc. reduced its position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 0.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,488,307 shares of the investment management company’s stock after selling 9,958 shares during the quarter. Morgan Stanley Emerging Markets Domestic Debt Fund makes up about 6.3% of Alexander Randolph Advisory Inc.’s holdings, making the stock its 4th largest position. Alexander Randolph Advisory Inc.’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $6,757,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Pathstone Holdings LLC grew its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 13.6% during the 3rd quarter. Pathstone Holdings LLC now owns 4,399,132 shares of the investment management company’s stock worth $22,174,000 after acquiring an additional 527,452 shares during the period. Penserra Capital Management LLC purchased a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter valued at about $9,267,000. Raymond James & Associates boosted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.6% during the third quarter. Raymond James & Associates now owns 898,515 shares of the investment management company’s stock worth $4,529,000 after purchasing an additional 14,311 shares during the period. Shaker Financial Services LLC increased its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 58.8% in the third quarter. Shaker Financial Services LLC now owns 231,346 shares of the investment management company’s stock worth $1,197,000 after purchasing an additional 85,674 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 18.5% in the fourth quarter. Private Advisor Group LLC now owns 185,084 shares of the investment management company’s stock valued at $840,000 after purchasing an additional 28,834 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

Shares of EDD stock opened at $4.82 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12 month low of $4.34 and a 12 month high of $5.20. The firm’s 50 day moving average is $4.59 and its 200 day moving average is $4.76.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $0.16 dividend. This is a positive change from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a dividend yield of 13.29%. The ex-dividend date was Friday, December 13th.

About Morgan Stanley Emerging Markets Domestic Debt Fund

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.