Morgan Stanley Emerging Markets Debt Fund, Inc. Declares Quarterly Dividend, Payable October 15, 2019
September 20, 2019 at 04:30 pm EDT
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Morgan Stanley Emerging Markets Debt Fund, Inc. declared quarterly dividend of $0.13, record date is September 30, 2019 and payable date is October 15, 2019.
Morgan Stanley Emerging Markets Debt Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to produce high current income and as a secondary objective, to seek capital appreciation, through investments primarily in debt securities of government and government-related issuers located in emerging countries, 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. The Fund seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The Fund's portfolio of investments includes fixed income securities, warrants and short-term investments. The Fund's investment advisor is Morgan Stanley Investment Management Inc. The Fund's sub-adviser is Morgan Stanley Investment Management Limited.