Penserra Capital Management LLC Grows Stock Position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Penserra Capital Management LLC raised its position in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 3.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,767,917 shares of the investment management company’s stock after acquiring an additional 52,258 shares during the quarter. Penserra Capital Management LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $9,051,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Pekin Hardy Strauss Inc. boosted its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 22.7% in the second quarter. Pekin Hardy Strauss Inc. now owns 156,408 shares of the investment management company’s stock valued at $801,000 after purchasing an additional 28,908 shares during the period. Shaker Financial Services LLC increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 152.5% during the 2nd quarter. Shaker Financial Services LLC now owns 228,932 shares of the investment management company’s stock worth $1,200,000 after buying an additional 138,283 shares during the period. Accredited Investor Services LLC acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the 2nd quarter worth $53,000. Capital Investment Advisors LLC boosted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 68.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 29,806 shares of the investment management company’s stock valued at $153,000 after buying an additional 12,106 shares during the last quarter. Finally, GraniteShares Advisors LLC boosted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 6.7% in the 2nd 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 last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 0.3%

Shares of NYSE EDD opened at $5.32 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 1 year low of $4.28 and a 1 year high of $5.69. The stock’s 50-day simple moving average is $5.38 and its 200-day simple moving average is $5.18.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

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

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.