November 16, 2016 - By Ellis Scott · 0 Comments
Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) institutional sentiment decreased to 1.09 in 2016 Q2. Its down -1.20, from 2.29 in 2016Q1. The ratio is negative, as 12 active investment managers started new and increased positions, while 11 cut down and sold equity positions in Morgan Stanley Emerging Markets Fund Inc. The active investment managers in our partner’s database now have: 8.35 million shares, up from 7.96 million shares in 2016Q1. Also, the number of active investment managers holding Morgan Stanley Emerging Markets Fund Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 5 Increased: 11 New Position: 1.
Morgan Stanley Emerging Markets Debt Fund, Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $192.04 million. 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. It currently has negative earnings. The Fund’s portfolio of investments include fixed income securities, warrants and short-term investments.
The stock closed at $13.31 during the last session. It is down 0.89% since April 14, 2016 and is downtrending. It has underperformed by 5.58% the S&P500.
City Of London Investment Management Co Ltd holds 3.23% of its portfolio in Morgan Stanley Emerging Markets Fund Inc for 3.05 million shares. Amica Pension Fund Board Of Trustees owns 361,651 shares or 0.63% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.57% invested in the company for 630,667 shares. The Rhode Island-based Amica Mutual Insurance Co has invested 0.41% in the stock. Amica Retiree Medical Trust, a Rhode Island-based fund reported 28,816 shares.#img1#
Morgan Stanley Emerging Markets Fund, Inc. (the Fund), incorporated on August 27, 1991, is a diversified, closed-end management investment company. The Fundâ€™s investment objective is long-term capital appreciation through investments primarily in equity securities. At least 65% of the Fund’s total assets are invested in emerging country equity securities, including common and preferred stock, convertible fixed-income securities, warrants and rights, equity interests in trusts and partnerships, and American depository receipts (ADRs) and global depository receipts (GDRs). The Fund may invest up to 10% of its net assets in foreign real estate companies. The Fund invests in various industries, including commercial banks, energy equipment and services, airlines, electric utilities, household durables, media, metals and mining, multi-line retail, personal products, computers and peripherals, construction and engineering, insurance, marine, wireless telecommunication services, and oil, gas and consumable fuels.
More recent Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) news were published by: Nasdaq.com which released: “Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) Ex-Dividend Date …” on September 27, 2016. Also Businesswire.com published the news titled: “Certain Morgan Stanley Closed-End Funds Declare Mid-Year Dividends” on April 28, 2016. Bloomberg.com‘s news article titled: “Emerging Markets Are Down Hard but Not yet Out” with publication date: November 13, 2016 was also an interesting one.
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By Ellis Scott