Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

Rhea-AI Summary

On September 20, 2022, Morgan Stanley announced dividends for its closed-end funds. The Morgan Stanley Emerging Markets Debt Fund (MSD) declared a dividend of $0.12 per share, with a record date of September 30, 2022, and a payable date of October 14, 2022. Meanwhile, the Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) set a dividend of $0.07 per share, following the same record and payable dates. Investors should note that dividends may vary and past amounts are not indicative of future payments.

Positive

• MSD and EDD declare dividends of $0.12 and $0.07 per share, respectively.
• Dividends show commitment to returning income to shareholders.

Negative

• Possible return of capital in fiscal year 2022 dividend remains undetermined.
• Dividend amounts may vary in the future, indicating potential unpredictability.

NEW YORK--(BUSINESS WIRE)-- Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends.

RECORD DATE 9/30/22	PAYABLE DATE 10/14/22
Name of Closed-End Fund	NYSE Ticker	Net Investment Income Per Share
Morgan Stanley Emerging Markets Debt Fund, Inc.	MSD	$0.12
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.	EDD	$0.07

For more information call: 1-800-231-2608.

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 2022 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 2022 will be made after the end of the year.

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,200 investment professionals around the world and $1.4 trillion in assets under management or supervision as of June 30, 2022. 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 is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220920005246/en/

Morgan Stanley Closed-End Funds

1-800-231-2608

Source: Morgan Stanley Closed-End Funds

FAQ

What are the dividend details for MSD and EDD?

MSD has declared a dividend of $0.12 per share, and EDD has declared $0.07 per share.

What are the record and payable dates for these dividends?

Both MSD and EDD have a record date of September 30, 2022, and a payable date of October 14, 2022.

Will MSD and EDD dividends remain consistent in the future?

The dividends may vary over time, and past amounts do not guarantee future payments.