Morgan Stanley Emerging Markets Debt:MSD

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$6.73$7.60-11.45%
    52 Wk Avg$8.72$9.66-9.80%
    52 Wk High$9.70$10.45-6.38%
    52 Wk Low$6.53$7.53-14.51%
    Regular Distribution TypeIncome Only
    Distribution Rate7.13%
    Distribution Amount$0.1200
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To produce high current income and as a secondary objective, to seek capital appreciation, through investments primarily in debt securities. Under normal circumstances, at least 65% of the Funds total assets will be invested in debt securities of government and government related issuers located in emerging markets, and in securities of entities organized to restructure outstanding debt of such issuers. In addition, up to 35% of the Funds total assets may be invested in corporate bonds of such markets. The Fund may leverage up to one-third of its assets.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$158.733M
    Total Common Assets:$154.939M
    Common Shares Outstanding:20,386,720
    Leverage

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $3.794M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $3.794M
    Effective Leverage (%): 2.39%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.18%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.18%
    Fund Management

    Fund Sponsor
    Morgan Stanley

    Portfolio Managers
    Warren Mar, Jens Nystedt, Sahil Tandon

    Basics
    Category: Fixed Income - Taxable-Emerging Market Income
    Ticker: MSD
    NAV Ticker: XMSDX
    Average Daily Volume (shares): 51,613
    Average Daily Volume (USD): $0.432M
    Inception Date: 7/23/1993
    Inception Share Price: $15.00
    Inception NAV: $14.10
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2021
    $0.2234
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    6.32%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -22.71%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    5.42%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    2.39%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-10.92%
    1 Year-9.80%
    3 Year-11.63%
    5 Year-11.62%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month1.21
    6 Month0.04
    1 Year-0.64
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Emerging Market Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-24.14%-21.60%-23.60%-22.19%
    20212.18%-2.17%-0.68%-3.27%
    20200.74%4.80%-4.97%2.36%
    201924.37%13.94%25.68%11.78%
    2018-12.31%-6.74%-14.24%-11.32%
    201716.30%9.90%18.72%15.27%
    201613.63%10.84%27.23%13.73%
    20150.97%-0.59%-7.81%-7.55%
    20141.08%3.02%-4.03%-2.33%
    2013-12.94%-9.45%-14.48%-9.06%
    201221.19%19.16%23.58%19.76%
    20115.85%7.39%1.89%2.24%
    201013.84%10.52%18.99%15.52%
    200952.95%35.10%  
    2008-18.47%-14.68%  
    2007-4.41%6.79%  
    20067.43%11.25%  
    200524.29%13.51%  
    20048.04%10.48%  
    200340.56%30.77%  
    200211.39%10.96%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Emerging Market Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    5.42%
    Average Maturity:
    As of 3/31/2022
    12.58 yrs
    Number of Holdings:
    As of 3/31/2022
    181
    Annual Portfolio Turnover:
    As of 12/31/2021
    0.00%
    Asset Allocation

    As of 3/31/2022

    Top Sectors

    As of 3/31/2022

    Sector%Portfolio
    Government (Super Sector)83.05%
    Government73.71%
    Corporate (Super Sector)10.69%
    Corporate Bond10.69%
    Government Related9.34%
    Cash Equivalents6.27%
    Cash Equivalents (Super Sector)6.27%
    Top Holdings

    As of 3/31/2022

    HoldingValue% Portfolio
    Qatar (State of) 4.817%$4.11M2.26%
    Petroleos Mexicanos 7.69%$3.72M2.04%
    Philippines (Republic Of) 9.5%$3.13M1.72%
    Sinopec Group Overseas Development 2013 Ltd. 4.375%$3.11M1.71%
    Petroleos Mexicanos 6.7%$3.10M1.71%
    Oman (Sultanate Of) 6%$3.08M1.70%
    Indonesia (Republic of) 4.125%$2.76M1.52%
    PT Pertamina (Persero) 4.3%$2.58M1.42%
    Bahrain (Kingdom of) 7.5%$2.46M1.35%
    Oman (Sultanate Of) 6.25%$2.44M1.34%
    Credit Quality

    As of 3/31/2022

    Maturity Breakdown

    As of 3/31/2022

    Country Allocation

    As of 3/31/2022

    Country% Portfolio
    Others - Fixed Income55.38%
    Mexico - Fixed Income7.17%
    Indonesia - Fixed Income5.86%
    Brazil - Fixed Income3.69%
    China - Fixed Income3.65%
    Peru - Fixed Income2.70%
    Turkey - Fixed Income2.67%
    Colombia - Fixed Income2.45%
    Philippines - Fixed Income2.11%
    Malaysia - Fixed Income1.57%
    South Africa - Fixed Income1.56%
    Chile - Fixed Income1.49%
    Argentina - Fixed Income1.27%
    Hungary - Fixed Income1.08%
    Venezuela - Fixed Income0.63%
    India - Fixed Income0.43%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X