Fiera Capital Corp Buys 96,967 Shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Fiera Capital Corp raised its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 513,930 shares of the investment management company’s stock after purchasing an additional 96,967 shares during the period. Fiera Capital Corp’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $2,791,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EDD. HighTower Advisors LLC raised its holdings in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 0.9% during the 3rd quarter. HighTower Advisors LLC now owns 268,955 shares of the investment management company’s stock worth $1,447,000 after acquiring an additional 2,307 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 22.3% during the third quarter. J.W. Cole Advisors Inc. now owns 12,798 shares of the investment management company’s stock valued at $69,000 after purchasing an additional 2,333 shares in the last quarter. Cresset Asset Management LLC lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 3.5% during the second quarter. Cresset Asset Management LLC now owns 91,741 shares of the investment management company’s stock valued at $481,000 after purchasing an additional 3,085 shares during the last quarter. Cetera Investment Advisers lifted its position in Morgan Stanley Emerging Markets Domestic Debt Fund by 17.8% during the second quarter. Cetera Investment Advisers now owns 21,505 shares of the investment management company’s stock valued at $110,000 after purchasing an additional 3,254 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 7.3% in the 1st quarter. NewEdge Advisors LLC now owns 50,392 shares of the investment management company’s stock worth $237,000 after buying an additional 3,442 shares in the last quarter.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Performance

Shares of NYSE EDD opened at $5.43 on Wednesday. The firm’s 50-day moving average price is $5.47 and its 200-day moving average price is $5.61. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a 12-month low of $4.96 and a 12-month high of $6.18.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 10.3%. This is a boost from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, March 31st.

Morgan Stanley Emerging Markets Domestic Debt Fund Profile

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.