Rareview Capital LLC Has $6.16 Million Stock Holdings in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. $EDD

Rareview Capital LLC lifted its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) by 9.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,048,147 shares of the investment management company’s stock after acquiring an additional 89,374 shares during the period. Morgan Stanley Emerging Markets Domestic Debt Fund accounts for about 3.1% of Rareview Capital LLC’s portfolio, making the stock its 6th largest position. Rareview Capital LLC’s holdings in Morgan Stanley Emerging Markets Domestic Debt Fund were worth $6,163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of EDD. &PARTNERS acquired a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth $1,070,000. Raymond James Financial Inc. increased its stake in Morgan Stanley Emerging Markets Domestic Debt Fund by 36.4% in the third quarter. Raymond James Financial Inc. now owns 695,996 shares of the investment management company’s stock valued at $3,744,000 after purchasing an additional 185,677 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter valued at about $732,000. Cetera Investment Advisers boosted its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 135.1% during the 4th quarter. Cetera Investment Advisers now owns 182,569 shares of the investment management company’s stock worth $991,000 after purchasing an additional 104,925 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 5.1% in the 4th quarter. Beacon Pointe Advisors LLC now owns 2,177,402 shares of the investment management company’s stock valued at $11,823,000 after buying an additional 104,818 shares during the period.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Up 0.8%

EDD stock opened at $5.91 on Friday. The stock’s 50 day simple moving average is $5.87 and its 200 day simple moving average is $5.68. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $6.18.

Morgan Stanley Emerging Markets Domestic Debt Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.24 per share. This is a positive change from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.14. This represents a $0.96 annualized dividend and a dividend yield of 16.3%. The ex-dividend date was 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.