Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. Overview
Pro stress-test →Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a non-diversified, closed-end management investment company seeking a high level of current income, with a secondary investment objective of long-term capital appreciation. The fund invests at least 80% of its managed assets in emerging markets domestic debt, primarily in government bonds denominated in the local currencies of emerging markets.
Strategic Profile
Pro stress-test →The fund invests in a range of sovereign, quasi-sovereign and corporate debt securities in emerging markets, with investments mostly denominated in emerging market and/or non-U.S. currencies. Geographic exposure includes Malaysia, Mexico, Poland, Brazil, Indonesia, Turkey, Colombia, Hungary and South Africa. The fund offers a 9.15% dividend yield, making it attractive for income-focused investors.
Competitive Landscape
Pro stress-test →EDD competes within the closed-end fund space for emerging market debt allocation. Direct competitors include other Morgan Stanley closed-end funds and specialized emerging market debt vehicles from asset managers such as Western Asset and Franklin Templeton. The fund differentiates through Morgan Stanley's institutional investment management expertise and structured currency and country allocation strategies.
Industry Context
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. operates in Closed-End Mutual Funds / Fixed Income Investment Companies.
Key facts
Founded: 2007 · Headquarters: New York, US · Employees: N/A · Revenue: N/A · Market cap: $397.7M