Morgan Stanley Emerging Markets Debt Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
September 05, 2019 at 12:16 am IST
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Morgan Stanley Emerging Markets Debt Fund, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was USD 6.718 million. Net income was USD 22.160 million.
Morgan Stanley Emerging Markets Debt Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to produce high current income and as a secondary objective, to seek capital appreciation, through investments primarily in debt securities of government and government-related issuers located in emerging countries, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries. The Fund seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The Fund's portfolio of investments includes fixed income securities, warrants and short-term investments. The Fund's investment advisor is Morgan Stanley Investment Management Inc. The Fund's sub-adviser is Morgan Stanley Investment Management Limited.
MORGAN STANLEY EMERGING MARKETS DEBT FUND, INC. 
