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Morgan Stanley Emerging Markets Debt Fund (MSD)

Taxable Bond Funds - Emerging Market Income

Data as of Sept. 20, 2023
Market Price $6.69 (- $0.02)
NAV (Sept. 20, 2023) $7.53 (+ $0.02)
Fund Listed NYSE
Premium / Discount -11.16% (-0.50%)
Fund Info
Inception July 23, 1993
Sponsor Morgan Stanley Investment Management
Phone 1 (800) 231-2608
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Income and price appreciation; sovereign, quasi-sovereign and corporate debt securities in emerging markets U.S. currency
Related Indexes
International Bond Index
Capital & Leverage
Outstanding Shares 20,208,365
Total Assets (Reported: June 30, 2023) $160M
Estimated Total Assets $152M
Net Assets $152M
Market Cap $135M
Portfolio Turnover 77.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.26%
Non Lev Exp Ratio 1.26%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -11.96%
Discount Low(3 Yr) -16.98%
Discount High(3 Yr) -6.38%
Discount Rel Range (3 Yr) 54.96%
Comp Discount -3.80
Discount St Dev (1Yr) 1.08
Z-Stat (6mo) 1.99
Z-Stat (1Yr) 2.04
Z-Stat (3Yr) 0.35
Comp Z-Stat (6mo) 2.16
Comp Z-Stat (3Yr) 0.80
Distribution Data
Market Yield 12.71%
Income Yield 12.71%
Lev Adj NAV Yield 11.29%
Distribution Frequency Q
Current Distribution $0.213
Current Income $0.213
Ex-Date 9/28/23
Payable Date 10/13/23
Div Growth (3yr) 93.18%
Dividend Change 13.3% on 9/19/23
Expected Div 9/20/23
RoC (1yr) 0.00%
RoC (3yr) 2.01%
Volume & Liquidity
Average Daily $ (K) $704
Avg Volume 30 day 75,474
Avg Volume 90 day 105,294
Volume Trend -28.32%
Comp Volume Trend -9.47%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): EMD 77.0%
NAV - Price Correlation (30 d) 86.6%
NAV - Price Correlation (90 d) 43.2%
NAV - Price Correlation (1 Yr) 92.9%
Price St Dev (1Yr) 15.9%
NAV St Dev (1Yr) 8.6%
Earnings / Share (6/30/23) $0.146
Earn Coverage 68.80%
Earnings Trend Up
UNII / Share (6/30/23) $0.034
Rel UNII 4.00
UNII Trend Up
Bond Specific Data
Maturity 9.09
Duration 7.39
Credit Rating (rbo) BB
Investment Grade 30.04%
Non Investment Grade 68.80%
Unrated Bonds 1.09%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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