Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD is Rareview Capital LLC’s 8th Largest Position

Rareview Capital LLC increased its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 33.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 958,773 shares of the investment management company’s stock after purchasing an additional 242,712 shares during the period. Morgan Stanley Emerging Markets Domestic Debt Fund accounts for about 2.9% of Rareview Capital LLC’s holdings, making the stock its 8th biggest holding. Rareview Capital LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $4,909,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Evergreen Capital Management LLC boosted its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 1.9% in the 4th quarter. Evergreen Capital Management LLC now owns 3,441,903 shares of the investment management company’s stock valued at $19,131,000 after purchasing an additional 64,943 shares during the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 5.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 2,177,402 shares of the investment management company’s stock worth $11,823,000 after buying an additional 104,818 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 1,811,414 shares of the investment management company’s stock worth $9,745,000 after buying an additional 26,889 shares during the last quarter. Invesco Ltd. raised its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 0.9% during the 4th quarter. Invesco Ltd. now owns 1,206,318 shares of the investment management company’s stock valued at $6,550,000 after buying an additional 10,893 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 36.4% during the 3rd quarter. Raymond James Financial Inc. now owns 695,996 shares of the investment management company’s stock valued at $3,744,000 after buying an additional 185,677 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.6%

EDD opened at $5.79 on Friday. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a one year low of $4.96 and a one year high of $6.18. The business’s 50 day moving average price is $5.58 and its 200 day moving average price is $5.64.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.24 dividend. This is an increase from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.14. This represents a $0.96 dividend on an annualized basis and a yield of 16.6%. The ex-dividend date is Tuesday, June 30th.

About Morgan Stanley Emerging Markets Domestic Debt Fund

The Morgan Stanley Emerging Markets Domestic Debt Fund, Inc (NYSE: EDD) is a closed-end management investment company that provides investors with targeted exposure to the debt markets of emerging economies. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in U.S. dollar-denominated debt securities issued by governments, government-related entities and corporations in emerging markets.

Since its launch in 2005, the fund has pursued a diversified strategy that spans sovereign bonds, quasi-sovereign obligations and corporate credits across regions such as Latin America, Eastern Europe, the Middle East, Africa and Asia.