Morgan Stanley Emerging Markets Debt (MSD) : Wescap Management Group reduced its stake in Morgan Stanley Emerging Markets Debt by 1.27% during the most recent quarter end. The investment management company now holds a total of 251,753 shares of Morgan Stanley Emerging Markets Debt which is valued at $2,457,109 after selling 3,239 shares in Morgan Stanley Emerging Markets Debt , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Morgan Stanley Emerging Markets Debt makes up approximately 1.16% of Wescap Management Group’s portfolio.
Other Hedge Funds, Including , Parametric Portfolio Associates sold out all of its stake in MSD during the most recent quarter. The investment firm sold 125,646 shares of MSD which is valued $1,226,305.Raymond James Associates reduced its stake in MSD by selling 1,587 shares or 6.16% in the most recent quarter. The Hedge Fund company now holds 24,190 shares of MSD which is valued at $236,094.
Morgan Stanley Emerging Markets Debt opened for trading at $9.83 and hit $9.87 on the upside on Monday, eventually ending the session at $9.87, with a gain of 0.71% or 0.07 points. The heightened volatility saw the trading volume jump to 20,704 shares. Company has a market cap of $218 M.
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’s investment Adviser is Morgan Stanley Investment Management Inc. The Adviser a wholly owned subsidiary of Morgan Stanley provides the Fund with advisory services. The Adviser also serves as Administrator to the Fund and provides administrative services.