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Morgan Stanley India Investment Fund, Inc. (symbol: IIF) is a U.S.-based, non-diversified, closed-end management investment company. The company's primary goal is long-term capital appreciation through strategic investments in equity securities of Indian issuers.
With a focused approach, Morgan Stanley India Investment Fund has curated a diverse portfolio across various sectors including auto components, banks, capital markets, construction and engineering, pharmaceuticals, and more. This breadth of investment helps mitigate risk while leveraging the growth potential of India's dynamic market.
The firm mobilizes capital globally to help governments, corporations, institutions, and individuals reach their financial goals. For over 75 years, Morgan Stanley has built a strong reputation for innovative thinking and exceptional problem-solving skills. The company continues to be a leader in modern finance, breaking new ground in advising and serving its clients.
Driven by core values of putting clients first, doing the right thing, leading with exceptional ideas, and giving back, Morgan Stanley maintains a high standard of excellence. These principles guide over 55,000 employees across 1,200 offices in 43 countries, ensuring first-class service and consistent industry leadership.
Recent achievements include expanding their investment portfolio and forming strategic partnerships to enhance growth and sustainability. These moves position Morgan Stanley India Investment Fund as a significant player in the Indian financial market.
Morgan Stanley has announced year-end dividend declarations for several closed-end funds. The Morgan Stanley Emerging Markets Debt Fund (MSD) will distribute $0.265 per share quarterly, while the Emerging Markets Domestic Debt Fund (EDD) will pay $0.16 per share quarterly. The India Investment Fund (IIF) declared short-term capital gains of $0.179811 and long-term capital gains of $2.517124 per share.
All distributions have a record date of December 13, 2024, and will be payable on January 15, 2025. The company notes that a portion of EDD's 2024 distribution represents a return of capital, and for MSD, the possibility exists that all or part of its 2024 dividends may be classified as return of capital.
Morgan Stanley announced dividends for its closed-end funds, effective December 16, 2022, with payables on January 13, 2023. The Morgan Stanley Emerging Markets Debt Fund (MSD) will distribute $0.12 per share, the Emerging Markets Domestic Debt Fund (EDD) $0.07 per share, and the India Investment Fund (IIF) $0.204019 per share. Notably, part of the EDD distribution is a return of capital. The firm manages over $1.3 trillion in assets as of September 30, 2022.
Morgan Stanley closed-end funds have declared dividends with the following details: Morgan Stanley Emerging Markets Debt Fund (MSD) will pay $0.125, and Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) will pay $0.095, both payable on January 14, 2022, with a record date of December 17, 2021. The fund distributions may include a return of capital, affecting the 2021 dividend for MSD and EDD. Past dividend amounts do not guarantee future payments. Morgan Stanley manages over $1.5 trillion in assets, underscoring its global investment capacity.
Morgan Stanley Investment Management announced a management change for the Morgan Stanley India Investment Fund, Inc. (NYSE: IIF). Effective December 31, 2021, Ruchir Sharma will step down as a portfolio manager, while Amay Hattangadi will continue in his role and be supported by analyst Saurabh Mishra. The Emerging Markets Equity team manages the Fund, with Sharma having been involved since January 2001 and Hattangadi since March 2019. As of September 30, 2021, Morgan Stanley manages over $1.5 trillion in assets globally.