EDD - Morgan Stanley Emerging Markets Domestic Debt Fund

What this means for you

Saba owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.

Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.

Email me if this changes

What happened, and when

1. Nov 7, 2024

   Saba sold down below 5% and stopped reporting.

   Original document →

2. Jan 29, 2024

   Saba now owns 6.8%, as a passive investor.

   Original document →

About this fund

• Run by Morgan Stanley Investment Management Inc. Part of the Morgan Stanley fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $385 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 25% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1% a year in management fees; 2.2% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $0.56 a share, all of it income. As of Oct 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Oct 31, 2025): $5.71. The shares traded at $5.37, about 6% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: down 1.6% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +27.9%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +22.9%. How the share price did: the shares returned +29.5% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 2007.

What the fund holds

Mostly bonds (73%), the rest cash and short-term holdings and derivatives. About 18% issued in the U.S.

The fund also sells options on its holdings to raise income.

2.1% of holdings are in default.

1. Cash and short-term - 27.2%
2. Republic of South Africa Government Bond - 6.1%
3. Titulos de Tesoreria, Colombian TES - 5.4%
4. Poland Government Bond, Republic of Poland Government Bond - 3.8%
5. Uzbek Industrial and Construction Bank ATB - 3.3%
6. Mex Bonos Desarr Fix Rt, Mexican Bonos - 9.7%
7. Uzbekistan Intl Bond, Republic of Uzbekistan International Bond - 4.2%
8. Egypt Government Bond - 3.9%
9. Armenian Treasury Bonds, Republic of Armenia Treasury Bonds - 2%
10. Hungary Government Bond - 1.7%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →