Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

Rhea-AI Summary

Morgan Stanley closed-end funds announced dividends for two funds. The Morgan Stanley Emerging Markets Debt Fund (MSD) will pay $0.11 per share, with a record date of September 30, 2021 and a payable date of October 15, 2021. The Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) will pay $0.095 per share under the same dates. Future dividends may vary, and a portion of this year's payout could be a return of capital. Investors are advised to consult tax professionals regarding tax implications.

Positive

• Dividends announced for MSD and EDD, providing income for shareholders.
• MSD dividend of $0.11 per share and EDD dividend of $0.095 per share reflects ongoing income generation.

Negative

• Future dividend amounts may vary, introducing uncertainty for shareholders.
• Possibility of a portion of dividends being classified as return of capital could affect shareholder value.

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
9/30/21	10/15/21
Name of Closed-End Fund	NYSE Ticker	Net Investment Income Per Share
Morgan Stanley Emerging Markets Debt Fund, Inc.	MSD	$0.11
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.	EDD	$0.095

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 2021 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 2021 will be made after the end of the year.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 719 investment professionals around the world and $1.5 trillion in assets under management or supervision as of June 30, 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/20210920005902/en/

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

Source: Morgan Stanley Investment Management

FAQ

What is the dividend amount for MSD?

The Morgan Stanley Emerging Markets Debt Fund (MSD) announced a dividend of $0.11 per share.

When is the record date for the MSD dividend?

The record date for the MSD dividend is September 30, 2021.

When will the EDD dividend be paid?

The Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) dividend will be payable on October 15, 2021.

What is the dividend amount for EDD?

The EDD announced a dividend of $0.095 per share.

Are future dividends guaranteed for MSD and EDD?

No, future dividends for MSD and EDD may vary and past amounts do not guarantee future payments.