Morgan Stanley Emerging Markets Debt Fund, Inc.

Frequently Asked Questions About MSD

What does MSD invest in?

The Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) is a closed-end investment vehicle specializing in fixed income, managed by Morgan Stanley Investment Management Inc. Its core objective is to invest in debt instruments across global emerging market economies. The fund's portfolio predominantly comprises debt securities issued by sovereign governments, government-related entities, and corporations domiciled in or operating within these emerging nations. Additionally, it allocates capital to debt from organizations specifically formed to restructure the outstanding obligations of such issuers. The fund's performance is gauged against the JP Morgan Emerging Markets Bond Global Index. MSD was established in the United States on May 6, 1993.

What is the expense ratio of MSD?

Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations.

What is MSD's dividend yield?

MSD's trailing-twelve-month yield is 8.40%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MSD?

Effective duration measures MSD's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MSD's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MSD?

MSD's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MSD?

Yield to maturity (YTM) is the total return you'd earn from MSD if every bond in the portfolio is held to maturity at the current price. MSD's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.