Raymond James Financial Services Advisors Inc. Sells 5,731 Shares of Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD)

Raymond James Financial Services Advisors Inc. cut its position in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,171 shares of the company’s stock after selling 5,731 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Morgan Stanley Emerging Markets Debt Fund were worth $237,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund in the third quarter valued at $74,000. Advisor Partners II LLC bought a new position in Morgan Stanley Emerging Markets Debt Fund during the third quarter worth about $1,920,000. Ironsides Asset Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund during the third quarter worth approximately $72,000. Wealthstar Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund during the third quarter worth approximately $263,000. Finally, Rathbones Group PLC acquired a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the third quarter valued at approximately $65,000.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.6 %

Shares of NYSE MSD opened at $7.07 on Wednesday. Morgan Stanley Emerging Markets Debt Fund, Inc. has a 12 month low of $6.11 and a 12 month high of $7.48. The stock has a 50 day moving average of $7.17 and a 200-day moving average of $6.85.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 11.88%. The ex-dividend date of this dividend was Wednesday, March 27th.

Morgan Stanley Emerging Markets Debt Fund Company Profile

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.