Morgan Stanley Emerging Markets Debt Fund, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 09, 2020 at 01:51 pm
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Morgan Stanley Emerging Markets Debt Fund, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 13.103 million compared to USD 0 a year ago. Net income was USD 27.488 million compared to USD 0 a year ago.
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. 
