Morgan Stanley Emerging Markets Debt Fund, Inc. Announces Updated Investment Disclosure
07 December 2024 - 8:00AM
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 seeks to achieve its investment objectives
by investing 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 located in or organized
under the laws of emerging countries. Under normal circumstances,
the Fund invests at least 80% of its assets in emerging markets
debt.
The Fund is a non-diversified, closed-end management investment
company. The Fund’s shares are listed on the NYSE under the symbol
“MSD.”
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 1,400 investment
professionals around the world and $1.6 trillion in assets under
management or supervision as of September 30, 2024. Morgan Stanley
Investment Management strives to provide outstanding long-term
investment performance, service and a comprehensive suite of
investment management solutions to a diverse client base, which
includes governments, institutions, corporations and individuals
worldwide. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
wealth management and investment management services. With offices
in 42 countries, the Firm’s employees serve clients worldwide
including corporations, governments, institutions and individuals.
For further information about Morgan Stanley, please visit
www.morganstanley.com.
# # #
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
the securities in any state in which such offer, solicitation or
sale would be unlawful under the securities laws of any such
state.
Morgan Stanley Investment Management does not provide tax
advice. Investors should always consult a legal or tax professional
for information concerning their individual situation.
Investing involves risk and it is possible to lose money on
any investment in the Fund.
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