Morgan Stanley Emerging Markets Debt Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 10:56 am EDT
Share
Morgan Stanley Emerging Markets Debt Fund, Inc. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced total revenue was USD 5.312 million. Net loss was USD 9.153 million.
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.
MORGAN STANLEY EMERGING MARKETS DEBT FUND, INC. 