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Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

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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.

Positive
  • Declared dividends: MSD ($0.22 per share), EDD ($0.135 per share).
  • Record date set: June 28, 2024.
  • Payment date set: July 15, 2024.
Negative
  • Potential return of capital in dividends.
  • Uncertainty in future dividend payment amounts.

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

6/28/24

7/15/24

 
 

Name of Closed-End Fund 

NYSE
Ticker

 

Net Investment
Income Per
Share

Morgan Stanley Emerging Markets Debt Fund, Inc.

MSD

$0.22

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.

EDD

$0.135

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.

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.5 trillion in assets under management or supervision as of March 31, 2024. 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 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.

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

Source: Morgan Stanley Investment Management

FAQ

When is the record date for Morgan Stanley's Emerging Markets Debt Fund (MSD) dividend?

The record date for MSD dividend is June 28, 2024.

What is the payable date for MSD's declared dividend?

The payable date for the dividend is July 15, 2024.

How much is the quarterly dividend for Morgan Stanley Emerging Markets Debt Fund (MSD)?

The quarterly dividend for MSD is $0.22 per share.

Is there a possibility that the 2024 dividends for MSD will be classified as a return of capital?

Yes, there is a possibility that a portion of the 2024 dividends may be classified as a return of capital.

How much is the quarterly dividend for Morgan Stanley Emerging Markets Domestic Debt Fund (EDD)?

The quarterly dividend for EDD is $0.135 per share.

Morgan Stanley Emerging Markets Debt Fund, Inc.

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