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Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) Return-on-Tangible-Equity : -8.14% (As of Oct. 2023)


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What is Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Morgan Stanley Emerging Markets Domestic Debt Fund's annualized net income for the quarter that ended in Oct. 2023 was $-28.06 Mil. Morgan Stanley Emerging Markets Domestic Debt Fund's average shareholder tangible equity for the quarter that ended in Oct. 2023 was $344.95 Mil. Therefore, Morgan Stanley Emerging Markets Domestic Debt Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 was -8.14%.

The historical rank and industry rank for Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity or its related term are showing as below:

EDD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.07   Med: 1.22   Max: 12.89
Current: 11.16

During the past 7 years, Morgan Stanley Emerging Markets Domestic Debt Fund's highest Return-on-Tangible-Equity was 12.89%. The lowest was -23.07%. And the median was 1.22%.

EDD's Return-on-Tangible-Equity is ranked better than
70.44% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs EDD: 11.16

Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Equity Historical Data

The historical data trend for Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Equity Chart

Morgan Stanley Emerging Markets Domestic Debt Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 12.89 -5.74 1.22 -23.07 11.55

Morgan Stanley Emerging Markets Domestic Debt Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.09 -29.14 -17.11 30.45 -8.14

Competitive Comparison of Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity falls into.



Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Equity Calculation

Morgan Stanley Emerging Markets Domestic Debt Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=37.486/( (318.061+331.231 )/ 2 )
=37.486/324.646
=11.55 %

Morgan Stanley Emerging Markets Domestic Debt Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=-28.064/( (358.669+331.231)/ 2 )
=-28.064/344.95
=-8.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Oct. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Morgan Stanley Emerging Markets Domestic Debt Fund  (NYSE:EDD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) Business Description

Traded in Other Exchanges
N/A
Address
522 Fifth Avenue, New York, NY, USA, 10036
Morgan Stanley Emerging Markets Domestic Debt Fund Inc is a closed-end management investment company. The company's primary investment objective is to seek a high level of current income, with a secondary investment objective of long-term capital appreciation. It seeks to achieve investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The fund's portfolio includes sovereign, quasi-sovereign, corporate bonds in emerging markets.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Brian Shaw officer: Portfolio Manager 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Patrick M Campbell officer: Portfolio Manager 1633 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Sahil Tandon officer: Portfolio Manager 522 5TH AVE, NEW YORK NY 10036
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Nystedt Bo Jens Andreas other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Warren John Mar other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
Michael Bozic director 400 THREE SPRINGS DR, WERITON WV 26062

Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) Headlines

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