Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends
Morgan Stanley announces quarterly dividends for its closed-end funds, specifically the Emerging Markets Debt Fund (MSD) and the Emerging Markets Domestic Debt Fund (EDD). The MSD will pay $0.22 per share and the EDD will distribute $0.135 per share. The record date for these dividends is June 28, 2024, and the payment date is July 15, 2024. These dividends are determined based on federal income tax regulations, and there is a possibility that a portion of these dividends may be classified as a return of capital. The exact determination of the source and tax characteristics of the 2024 distributions will be finalized after the year-end. Past dividend amounts do not guarantee future payments.
- Declared dividends: MSD ($0.22 per share), EDD ($0.135 per share).
- Record date set: June 28, 2024.
- Payment date set: July 15, 2024.
- Potential return of capital in dividends.
- Uncertainty in future dividend payment amounts.
RECORD DATE |
PAYABLE DATE |
|
6/28/24 |
7/15/24 |
|
Name of Closed-End Fund |
NYSE
|
Net Investment
|
Morgan Stanley Emerging Markets Debt Fund, Inc. |
MSD |
|
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. |
EDD |
|
The amount of net investment income to be paid by the Funds is determined in accordance with federal income tax regulations. It is possible that all or a portion of the Funds’ fiscal year 2024 dividend may be a return of capital and that determination cannot yet be made.
The amount of dividends paid by each of the Funds may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.
The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.
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About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing 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 more 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 Funds.
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Source: Morgan Stanley Investment Management
FAQ
When is the record date for Morgan Stanley's Emerging Markets Debt Fund (MSD) dividend?
What is the payable date for MSD's declared dividend?
How much is the quarterly dividend for Morgan Stanley Emerging Markets Debt Fund (MSD)?
Is there a possibility that the 2024 dividends for MSD will be classified as a return of capital?
How much is the quarterly dividend for Morgan Stanley Emerging Markets Domestic Debt Fund (EDD)?
