Morgan Stanley Investment Funds - stockselection

Emerging Markets Debt Fund
STATEMENT OF INVESTMENTS (continued)
Transferable securities and money market instruments admitted
to official exchange listing or dealt in on another regulated
market. As at 30 June 2009, expressed in US dollars.
Investments
Nominal in
US dollars
unless specified
Market
value
% of net
assets
Côte d’Ivoire
Ivory Coast Government secured Ser20YR
defaulted 4% /2018 (3) 2,240,000 604,800 0.31
Total for Côte d’Ivoire 0.31
Uruguay
Republic of Uruguay unsecur 8% /2022 453,000 468,855 0.24
Total for Uruguay 0.24
Nigeria
Central Bank of Nigeria ‘Units’ SerWRNT
0% /2020 (3) 4,000 420,000 0.21
Total for Nigeria 0.21
Sri Lanka
Republic of Srilanka sr unsecur SerRegS
8.25% /2012 300,000 278,230 0.14
Total for Sri Lanka 0.14
Belize
Government of Belize unsubord SerRegS
step cpn 4.25% /2029 420,000 186,900 0.09
Total for Belize 0.09
Georgia (Republic of)
Republic of Georgia unsecur 7.5% /2013 210,000 179,928 0.09
Total for Georgia (Republic of) 0.09
Total transferable securities and money market
instruments admitted to official exchange listing
or dealt in on another regulated market 183,603,328 93.15
Morgan Stanley Investment Funds 30 June 2009 52
Other transferable securities and money market instruments
not admitted to official exchange listing or dealt in on another
regulated market. As at 30 June 2009, expressed in US dollars.
Investments
Nominal in
US dollars
unless specified
Market
value
% of net
assets
Indonesia
Tjiwi Kimia Finance secured Ser144A
priv plmt 3.094% /2018 (Netherlands) (3) (4) 1,191,444 268,075 0.14
Pindo Deli Finance co gtd Ser144A priv plmt
3.05% /2018 (Netherlands) (3) (4) 1,437,565 222,823 0.11
Pindo Deli Finance co gtd Ser144A priv plmt
0% /2025 (Netherlands) (3) (4) 4,512,234 112,806 0.06
Tjiwi Kimia Finance secured Ser144A
priv plmt 3.094% /2015 (Netherlands) (3) (4) 328,601 98,580 0.05
Pindo Deli Finance co gtd Ser144A priv plmt
3.05% /2015 (Netherlands) (3) (4) 315,719 94,716 0.05
Tjiwi Kimia Finance secured Ser144A
priv plmt 0% /2027 (Netherlands) (3) (4) 3,375,330 84,383 0.04
Total for Indonesia 0.45
Total other transferable securities and money market
instruments not admitted to official exchange listing
or dealt in on another regulated market 881,383 0.45
Total Investment Securities 184,484,711 93.60
DERIVATIVES
OTC and exchange traded derivatives as at 30 June 2009,
expressed in US dollars.
Forward Foreign Currency Exchange Contracts
Maturity
date
03/07/2009 9,718,590 EUR 13,579,369 USD 100,045 0.05
Total Forward Foreign Currency Exchange Contracts 100,045 0.05
Futures Contracts
Description
Maturity
date
Amount
bought
US 10yr T-note Future 09/2009 (24) 2,782,500 20,883 0.01
Total Futures Contracts 2,782,500 1 20,883 0.01
1 Cash of USD 286,449 held as collateral.
Number of
contracts
Amount
sold
Net unrealised
gain as at
30 June 2009
Net unrealised
Notional gain as at
commitments 30 June 2009
% of net
assets
% of net
assets
Total Derivatives 120,928 0.06
Other Assets less Liabilities 12,487,250 6.34
Total Net Asset Value 197,092,889 100.00
(1) These securities are valued at their fair value. See note 2(a) within the Notes to the Financial
Statements.
(3) Variable coupon rates are those quoted as of 30 June 2009.
(4) The country in brackets represents the country of incorporation of this security.