Morgan Stanley Closed-End Funds Announce Appointment of New Directors
January 10, 2015 at 03:30 am IST
Share
Morgan Stanley Asia-Pacific Fund, Inc., Morgan Stanley China A Share Fund, Inc., Morgan Stanley Eastern Europe Fund, Inc., Morgan Stanley Emerging Markets Debt Fund, Inc., Morgan Stanley Emerging Markets Domestic Debt Fund, Inc., Morgan Stanley Emerging Markets Fund, Inc., Morgan Stanley Income Securities Inc., The Latin American Discovery Fund, Inc., The Thai Fund, Inc. and The Turkish Investment Fund, Inc. (individually, a Fund and, collectively, the Funds) announced that each Fund's board of directors appointed Nancy C. Everett to serve as a Class II director (Class I for Morgan Stanley Income Securities Inc.) and Jakki L. Haussler to serve as a Class III director, each effective as of January 1, 2015. Ms. Everett is currently the Owner of OBIR, LLC (since June 2014). Ms. Haussler is currently the chairman and chief executive officer of Opus Capital Group (since January 1996).
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income, with a secondary investment objective of long-term capital appreciation. 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 invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio, an open-end management investment company managed by the Adviser. The Fund's sector allocation includes Sovereign Non Brady, Quasi-Sovereign, Other, foreign exchange (FX), Derivatives, Corporate Bond and Cash. The Fund invests in various countries, including South Africa, Indonesia, Malaysia, Colombia, Mexico, Hungary, Brazil and Poland. The Fund's adviser is Morgan Stanley Investment Management Inc.
MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT FUND, INC. 
