EDD News and Press, Morgan Stanley Emerging Markets Domestic Debt Fund Inc. From 04/01/23

2023-04-01 04:12:48 ET Summary We review CEF market valuation and performance through the fourth week of March and highlight recent market action. CEFs were relatively flat on the week; however, discounts continued to mostly push wider, offsetting NAV gains. With the Fed widel...

2023-03-31 08:45:00 ET Summary Given the constantly evolving nature of ESG investing, Syntax believes gaining clarity is of the utmost importance to the growing number of investors in this space. An ESG standard is a set of criteria that identifies a company's alignment or adheren...

2023-03-30 12:51:00 ET Summary EM fixed income has been hit by an increase in risk aversion led by concerns about the health of the U.S. banking sector. We believe the overall global macro backdrop should remain supportive of EM debt fundamentals. We believe recent development...

2023-03-22 10:54:52 ET Morgan Stanley Emerging Markets Domestic Debt Fund ( NYSE: EDD ) declares $0.08/share quarterly dividend , 14.3% increase from prior dividend of $0.07. Forward yield 7.14% Payable April 14; for shareholders of record March 31; ex-div Marc...

2023-03-06 08:05:00 ET Summary Investors need to rethink how they approach ESG investing and which strategies they will implement, especially when we are thinking about the "E". Under the current framework, investors favor companies which have well-documented ESG strategies and ar...

Summary Events of 2022 could have a lasting effect on emerging markets debt investing. In a rare event since the emergence of EMs as an asset class, a meaningful market was severed from global financial markets through the sanctioning of sovereign debt. At the same time, innovative ...

Summary In 2020, the European Commission introduced the principle into the sustainable finance regulatory framework including for climate indexes, as labelled ‘Paris-aligned’ or ‘climate transition’ benchmarks (PABs and CTBs). A prominent approach suggested i...

Summary With an almost 60 trillion-dollar sovereign debt market, the case for ESG integration remains unclear. Market practices that target the reduction of aggregate ESG risk may have the perverse impact of increasing funding gaps and thus decreasing the effectiveness and impact of sov...

Summary EM could be fairly characterized as having low debt and market-based yields, in contrast to higher-indebted and lower-yielding DM countries. EM’s improved fundamentals deserve a special focus as regards net external creditor status. EM is filled with net external creditor...

Summary Emerging markets have weathered tightening financial conditions. We now see a relatively good backdrop for EM assets as EM rates peak and China reopens. Stocks added to gains and bond yields fell as markets priced in Federal Reserve rate cuts later in 2023. We don’t think...