Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

Rhea-AI Summary

Morgan Stanley has declared dividends for its closed-end funds, with the Morgan Stanley Emerging Markets Debt Fund (MSD) announcing a net investment income of $0.12 per share and the Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) at $0.09 per share. The record date is set for March 31, 2022, and the payable date is April 14, 2022. The source and tax characteristics of the distributions will be determined post-2022, and prior dividend performance does not guarantee future payments.

Positive

• MSD declared a dividend of $0.12 per share, indicating a positive cash return to shareholders.
• EDD will distribute $0.09 per share, enhancing shareholder income.

Negative

• There is a possibility that the dividends may include a return of capital, which could indicate potential sustainability concerns.
• Past dividend amounts are not a guarantee of future payments, highlighting potential uncertainty for investors.

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

RECORD DATE	PAYABLE DATE
3/31/22	4/14/22
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	$0.09

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.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 760 investment professionals around the world and $1.6 trillion in assets under management or supervision as of December 31, 2021. 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.

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/20220321005804/en/

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

Source: Morgan Stanley

FAQ

What is the record date for the MSD and EDD dividends?

The record date for both dividends is March 31, 2022.

When will the dividends for MSD and EDD be payable?

The payable date for the dividends is April 14, 2022.

How much is the dividend for MSD and EDD?

MSD has a dividend of $0.12 per share and EDD has a dividend of $0.09 per share.

What should investors know about the potential return of capital in the dividends?

There is a possibility that part of the dividends may be a return of capital, which could affect the sustainability of future dividends.