Allspring Global Investments Holdings LLC Sells 784,245 Shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Allspring Global Investments Holdings LLC trimmed its holdings in shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 59.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 527,025 shares of the company’s stock after selling 784,245 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $3,810,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MSD. Cullen Frost Bankers Inc. increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 50.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock valued at $83,000 after purchasing an additional 4,000 shares during the last quarter. Wealthstar Advisors LLC raised its position in Morgan Stanley Emerging Markets Debt Fund by 86.2% in the 4th quarter. Wealthstar Advisors LLC now owns 75,546 shares of the company’s stock worth $525,000 after purchasing an additional 34,979 shares during the period. Fortitude Family Office LLC bought a new stake in Morgan Stanley Emerging Markets Debt Fund in the fourth quarter worth $97,000. Dynamic Advisor Solutions LLC boosted its position in Morgan Stanley Emerging Markets Debt Fund by 14.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock valued at $91,000 after buying an additional 1,679 shares during the period. Finally, Daymark Wealth Partners LLC grew its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% during the fourth quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock valued at $98,000 after buying an additional 3,000 shares during the last quarter.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.3 %

MSD stock traded up $0.02 during trading on Tuesday, hitting $7.35. 33,314 shares of the company traded hands, compared to its average volume of 69,487. The company has a 50-day moving average of $7.22 and a 200-day moving average of $7.13. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 1 year low of $6.11 and a 1 year high of $7.55.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 11.97%. The ex-dividend date is Friday, June 28th.

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.