Deschutes Portfolio Strategy Lowers stake in Morgan Stanley Emerging Markets Domestic (EDD)

Morgan Stanley Emerging Markets Domestic (EDD) : Deschutes Portfolio Strategy reduced its stake in Morgan Stanley Emerging Markets Domestic by 22.21% during the most recent quarter end. The investment management company now holds a total of 752,708 shares of Morgan Stanley Emerging Markets Domestic which is valued at $5,720,581 after selling 214,892 shares in Morgan Stanley Emerging Markets Domestic , the firm said in a disclosure report filed with the SEC on May 3, 2016.Morgan Stanley Emerging Markets Domestic makes up approximately 3.00% of Deschutes Portfolio Strategy’s portfolio.

Other Hedge Funds, Including , Lakeview Capital Partners sold out all of its stake in EDD during the most recent quarter. The investment firm sold 55,151 shares of EDD which is valued $419,148.Foster Motley Inc reduced its stake in EDD by selling 5,517 shares or 13.55% in the most recent quarter. The Hedge Fund company now holds 35,187 shares of EDD which is valued at $273,403. Morgan Stanley Emerging Markets Domestic makes up approx 0.05% of Foster Motley Inc’s portfolio.

Morgan Stanley Emerging Markets Domestic opened for trading at $7.57 and hit $7.62 on the upside on Tuesday, eventually ending the session at $7.61, with a gain of 0.66% or 0.05 points. The heightened volatility saw the trading volume jump to 1,75,083 shares. Company has a market cap of $485 M.

Morgan Stanley Emerging Markets Domestic Debt Fund Inc. is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income with a secondary investment objective of long-term capital appreciation. The Fund invests approximately 80% of its managed assets in emerging markets domestic debt. The Fund invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds-Money Market Portfolio (the Liquidity Funds) and in fixed income securities. Morgan Stanley Investment Management Inc. serves as the Fund’s investment adviser.

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