Morgan Stanley Emerging Markets Debt Fund

MSD

Market cap $146M

NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE                   PAYABLE DATE 9/30/25   10/15/25 Name of Closed-End Fund NYSE Ticker  Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.17 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.12 For more information call: 1-800-231-2608. The amount of net investment income to be paid by the Funds is.

MS Emerging Markets Debt Fund currently yields 10.11%, higher than most peers and indices, but is heavily invested in U.S. dollar-denominated bonds. MSD's recent underperformance is attributed to U.S. dollar weakness and lack of local currency exposure, making it less attractive than peer funds in the current environment. The fund's distribution is not fully covered by net investment income, and its discount to NAV is less attractive than historical averages and some peers like TEI.

MSD is not a good hedge against a weaker dollar, as it primarily holds USD-denominated emerging market debt. The fund now trades at a rare premium to NAV, with stretched valuations and historically tight EM credit spreads, making upside limited. Distribution currently exceeds yield-to-maturity, and while not a chronic over-distributor, the payout is not fully supported by earnings.

NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 6/30/25 7/15/25 Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.19 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.12 The amount of net investment income to be paid by the Funds is determined in accordance with federal income tax regulations. It.

Emerging Market Debt offers higher spreads and a better risk/return profile compared to developed market debt, making it a valuable portfolio addition. Despite past headwinds like a strong USD, EMD's fundamentals are solid, with low default rates and improving sovereign reserves. MSD CEF outperforms peers and ETFs, offering a 12% yield with no leverage and a diversified, conservative strategy.

NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE   PAYABLE DATE 3/31/25   4/15/25 Name of Closed-End Fund   NYSE Ticker Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.22 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.16  For more information call: 1-800-231-2608. The amount of net investment income to be paid by the Funds is determined in.

The Morgan Stanley Emerging Markets Debt Fund offers high current income and exposure to emerging market debt, boasting a 13.27% yield, better than the bond indices. Despite potential risks from U.S. protectionist policies, the fund's well-diversified portfolio mitigates country-specific risks and has shown strong performance since the 2024 U.S. election. The fund's shares are currently trading at a 2.57% premium to net asset value, making it expensive compared to historical averages and peers.

We review the CEF market valuation and performance through the second week of December and highlight recent market action. CEFs mostly declined this week due to a 0.25% rise in 10-year Treasury yields, with only the loan sector showing a slight NAV gain. The BlackRock Enhanced Government Fund (EGF) will merge into BlackRock Income Trust (BKT); high-quality funds like these are not ideal in CEFs.

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management today announced that, effective immediately, the Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE: MSD) (the “Fund”) is no longer limited to investing up to 35% of its total assets in debt securities of corporate issuers located in or organized under the laws of emerging countries. The Fund's primary investment objective is to produce high current income and as a secondary objective, to seek capital appreciation. The Fund seek.

NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 12/13/24 1/15/25 Name of Closed-End Fund     NYSE Ticker     Net Investment Income Per Share     Short-Term Capital Gains Per Share   Long-Term Capital Gains Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.265* (Quarterly) -- -- Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.16* (Quarterly) -- -- Morg.