MS Income Securities, Inc. (NYSE:ICB) is expected to pay $0.05 on Nov 25, 2016. The indicated annual dividend is $0.62. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on MS Income Securities, Inc.’s current price of $17.66, the dividend is 0.28%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 9, 2016. The stock decreased 0.23% or $0.04 on November 14, hitting $17.66. Morgan Stanley Income Securities Inc. (NYSE:ICB) has declined 0.73% since April 13, 2016 and is downtrending. It has underperformed by 4.66% the S&P500.
Morgan Stanley Income Securities Inc. is a diversified, closed-end management investment company. The company has a market cap of $158.92 million. The Fund’s primary investment objective is to provide high level of current income for distribution to shareholders as is consistent with prudent investment risk and, as a secondary objective, capital appreciation. It currently has negative earnings. The Fund invests in corporate bonds, asset-backed securities, sovereign, variable rate senior loan interests, short-term investments, foreign currency forward exchange contracts, futures contracts, credit default swap agreements and interest rate swap agreements.
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 1.10, from 2 in 2016Q1. The ratio is negative, as 5 funds sold all Morgan Stanley Income Securities Inc. shares owned while 5 reduced positions. 3 funds bought stakes while 6 increased positions. They now own 4.03 million shares or 6.83% less from 4.32 million shares in 2016Q1.
The New York-based Karpus Inc has invested 1.95% in Morgan Stanley Income Securities Inc. (NYSE:ICB). Gilman Hill Asset Mgmt Limited Liability Company last reported 10,025 shares in the company. Moreover, Texan has 0.15% invested in Morgan Stanley Income Securities Inc. (NYSE:ICB) for 17,775 shares. Thomas J Herzfeld Advisors Inc last reported 2,125 shares in the company. Creative Planning has 3,747 shares for 0% of their US portfolio. Royal Bancshares Of Canada holds 0% or 12,600 shares in its portfolio. Wfg Advisors Lp last reported 600 shares in the company. Fincl Bank Of America De has 3,015 shares for 0% of their US portfolio. Icon Advisers Co accumulated 0.29% or 230,014 shares. 1607 Prtnrs holds 1.12% or 890,185 shares in its portfolio. Duncker Streett accumulated 0.16% or 25,133 shares. Raymond James And Assocs last reported 27,981 shares in the company. The Florida-based Ladenburg Thalmann Incorporated has invested 0% in Morgan Stanley Income Securities Inc. (NYSE:ICB). Raymond James Finance Services Advsrs accumulated 12,878 shares or 0% of the stock. Wells Fargo Communication Mn has invested 0% of its portfolio in Morgan Stanley Income Securities Inc. (NYSE:ICB).
More recent Morgan Stanley Income Securities Inc. (NYSE:ICB) news were published by: Bloomberg.com which released: “Morgan Stanley Beats Estimates on Surge in Bond Trading” on October 19, 2016. Also Businesswire.com published the news titled: “Newell Brands to Reaffirm 2016 and 2017 Outlook at Morgan Stanley Global …” on November 14, 2016. Businesswire.com‘s news article titled: “Kimco Realty Announces Pricing of $400 Million 2.700% Notes Due 2024 and $350 …” with publication date: November 02, 2016 was also an interesting one.
ICB Company Profile
Morgan Stanley Income Securities Inc. (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Company’s secondary objective is capital appreciation. The Company’s portfolio includes corporate bonds, the United States Government obligations, commercial mortgage-backed securities (CMBS), asset-backed securities, short-term investments, collateralized mortgage obligations and foreign government obligations.