Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. logo

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
5. 39
+0.01
+0.1859%
$
344.2M Market Cap
0.36% Div Yield
380,181 Volume
$ 5.38
Previous Close
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Day Range
5.29 5.41
Year Range
4.96 6.18
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EDD: Diversify Your Currency Risk While Getting A High Yield

EDD: Diversify Your Currency Risk While Getting A High Yield

The Morgan Stanley Emerging Markets Domestic Debt Fund offers a high 15.76% yield by investing in local-currency emerging market bonds. EDD provides portfolio diversification and potential inflation protection by reducing reliance on U.S. dollar-denominated debt. Recent performance was challenged by a stronger U.S. dollar and rising oil prices, but EDD outperformed comparable USD-denominated EM bond indices on a total return basis.

Seekingalpha | 1 week ago