Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

Rhea-AI Summary

Morgan Stanley announced dividends for its closed-end funds, declaring $0.12 per share for the Morgan Stanley Emerging Markets Debt Fund (MSD) and $0.07 per share for the Morgan Stanley Emerging Markets Domestic Debt Fund (EDD). The record date for both dividends is June 30, 2022, with a payable date of July 15, 2022. Investors should note that the dividends may include a return of capital, and past dividend payments do not guarantee future amounts. Morgan Stanley manages over $1.4 trillion in assets as of March 31, 2022.

Positive

• Declared dividend of $0.12 for MSD and $0.07 for EDD, providing income for shareholders.
• Morgan Stanley oversees more than $1.4 trillion in assets, showcasing strong asset management capabilities.

Negative

• Dividends may partially be a return of capital, which could impact cash reserves.

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

RECORD DATE 6/30/22	PAYABLE DATE 7/15/22
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 March 31, 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/20220617005009/en/

For more information: 800.231.2608

Source: Morgan Stanley Investment Management

FAQ

What are the dividend amounts for MSD and EDD in 2022?

MSD will pay a dividend of $0.12 per share, while EDD will pay $0.07 per share.

What is the record date for the dividends declared by Morgan Stanley?

The record date is June 30, 2022.

When will the dividends for MSD and EDD be payable?

The payable date for both dividends is July 15, 2022.

Can the dividends declared by Morgan Stanley be returned capital?

Yes, part of the dividends may be a return of capital, and this determination will be made after the fiscal year.