Highland Global Allocation Fund (HGLB) vs Morgan Stanley Emerging Markets Debt Fund (MSD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Highland Global Allocation Fund is the larger company by market cap ($150.3 million vs $134.7 million), about 1.1 times the size. On valuation, Morgan Stanley Emerging Markets Debt Fund trades at a lower trailing P/E (6.3x vs 16.3x for Highland Global Allocation Fund). Morgan Stanley Emerging Markets Debt Fund pays a dividend yielding 8.86%, while Highland Global Allocation Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | HGLB | MSD |
|---|---|---|
| Share price | $6.37 | $6.66 |
| Market cap | $150.26M | $134.74M |
| 1-day change | -1.09% | +0.15% |
| P/E ratio (TTM) | 16.33 | 6.28 |
| EPS (TTM) | $0.39 | $1.06 |
| Dividend yield | 15.84% | 8.86% |
| Annual dividend | $0.00 | $0.59 |
| 52-week high | $10.64 | $7.94 |
| 52-week low | $6.35 | $6.62 |
| Distance from 52-week high | -40.14% | -16.12% |
| Average volume | 82.68K | 65.72K |
| Shares outstanding | 23.59M | 20.23M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Highland Global Allocation Fund trades at a higher earnings multiple (16.3x vs 6.3x trailing P/E).
- Highland Global Allocation Fund offers a meaningfully higher dividend yield (15.84% vs 8.86%).
About Morgan Stanley Emerging Markets Debt Fund
MSD stock →Morgan Stanley Emerging Markets Debt Fund, Inc. is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc.
Finance · Trusts Except Educational Religious and Charitable
HGLB vs MSD FAQ
Which is bigger, Highland Global Allocation Fund or Morgan Stanley Emerging Markets Debt Fund?
Highland Global Allocation Fund (HGLB) is larger, with a market capitalization of $150.26M compared with $134.74M for Morgan Stanley Emerging Markets Debt Fund (MSD).
Which has the lower P/E ratio, HGLB or MSD?
MSD has the lower trailing P/E at 6.3, versus 16.3 for HGLB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Highland Global Allocation Fund or Morgan Stanley Emerging Markets Debt Fund?
Highland Global Allocation Fund has the higher yield at 15.84%, compared with 8.86% for Morgan Stanley Emerging Markets Debt Fund.
Are Highland Global Allocation Fund and Morgan Stanley Emerging Markets Debt Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.