ADDING and REPLACING Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. Declares Year End Dividend and Announces Change in Dividend Frequency.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Add to end of first graph of release: "This dividend mainly represents income for the month of December as well as foreign currency gains during the year." Also, add to end of second graph of release: "The next dividend will be declared in March 2008 and will represent income from January 1, 2008 to March 31, 2008." The corrected release reads: Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Emerging Markets Domestic Debt Fund, Inc. Declares
Year End Dividend and Announces Change in Dividend Frequency
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE NYSE See: New York Stock Exchange : EDD Noun 1. EdD - a doctor's degree in education DEd, Doctor of Education doctor's degree, doctorate - one of the highest earned academic degrees conferred by a university ) today declared a year-end dividend Year-end dividend A special dividend declared at the end of a fiscal year that usually represents distribution of higher-than-expected company profits. year-end dividend See final dividend. of $0.3981 per share of net investment income and $0.0857 per share of short-term capital gains Short-term capital gain A profit on the sale of a security or mutual fund share that has been held for one year or less. A short-term capital gain is taxed as ordinary income. . This dividend mainly represents income for the month of December as well as foreign currency gains during the year. RECORD DATE < PAYABLE DATE 12/31/2007 < 1/7/2008 Commencing in 2008, the Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. will declare its dividends based on each calendar quarter. The next dividend will be declared in March 2008 and will represent income from January 1, 2008 to March 31, 2008. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (the "Fund"), advised by Morgan Stanley Investment Management Inc., is a closed-end management investment company investing primarily in debt obligations of issuers located in emerging market countries that are denominated in the local currency. The Fund's primary investment objective is to seek a high level of current income with a secondary objective of long-term capital appreciation. Morgan Stanley Investment Management, together with its investment advisory affiliates, has nearly 800 investment professionals around the world and approximately $597 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. or supervision as of November 30, 2007. These entities offer investment management services to a diverse client base, which includes governments, institutions, corporations and individuals. Morgan Stanley is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. |
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