Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
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57 <strong>Morgan</strong> <strong>Stanley</strong> <strong>Investment</strong> <strong>Funds</strong> 30 June 2009<br />
Euro Bond Fund<br />
STATEMENT OF INVESTMENTS (continued)<br />
Transferable securities and money market instruments admitted<br />
to official exchange listing or dealt in on another regulated<br />
market. As at 30 June 2009, expressed in Euro.<br />
<strong>Investment</strong>s<br />
Corporate Bonds (continued)<br />
Nominal in<br />
Euro unless<br />
specified<br />
Market<br />
value<br />
% of net<br />
assets<br />
Ireland<br />
AIB Mortgage Bank govt liquid gtd SerEMTN<br />
3.75% /2010 5,500,000 5,508,882 0.89<br />
Depfa ACS Bank covered SerEMTN<br />
3.875% /2016 6,500,000 5,269,092 0.85<br />
Bank of Ireland Mortgage Bank covered<br />
govt gtd SerEMTN 4% /2013 5,500,000 5,100,409 0.83<br />
GE Capital European Funding co gtd SerEMTN<br />
4.125% /2016 3,850,000 3,617,529 0.59<br />
GE Capital European Funding co gtd SerEMTN<br />
5.25% /2015 3,150,000 3,175,529 0.51<br />
Caterpillar International Finance co gtd SerEMTN<br />
5.25% /2011 2,300,000 2,387,262 0.39<br />
Total for Ireland 4.06<br />
Germany<br />
KfW - Kreditanstalt fuer Wiederaufbau govt gtd<br />
3.875% /2019 12,000,000 11,878,157 1.92<br />
Hypothekenbank in Essen Jumbo Pfandbrief<br />
SerRegS 3.875% /2013 6,000,000 6,169,800 1.00<br />
Commerzbank sr unsecur SerEMTN<br />
4.75% /2015 1,450,000 1,458,077 0.24<br />
Muenchener Rueckversicherungs subord<br />
5.767% perpetual (3) 750,000 567,386 0.09<br />
Total for Germany 3.25<br />
Spain<br />
Banco Bilbao Vizcaya Argentaria covered<br />
3.75% /2013 7,500,000 7,532,384 1.22<br />
La Caja de Ahorros y Pensiones de Barcelona<br />
govt liquid gtd 3.375% /2012 2,500,000 2,545,395 0.41<br />
Santander Issuances bnk gtd SerEMTN<br />
5.435% /2017 (3) 2,450,000 2,361,823 0.38<br />
Telefonica Emisiones co gtd SerEMTN<br />
5.496% /2016 1,500,000 1,576,676 0.26<br />
Santander International Debt bnk gtd SerEMTN<br />
5.625% /2012 1,150,000 1,215,027 0.20<br />
Total for Spain 2.47<br />
Australia<br />
Australia & New Zealand Banking Group<br />
sr unsecur SerEMTN 5.25% /2013 3,100,000 3,259,810 0.52<br />
Commonwealth Bank of Australia<br />
sr unsecur SerEMTN 3.625% /2011 2,120,000 2,158,696 0.35<br />
Westpac Banking sr unsubord SerEMTN<br />
4.25% /2012 1,850,000 1,891,759 0.31<br />
BHP Billiton Finance co gtd SerEMTN<br />
6.375% /2016 500,000 548,727 0.09<br />
Total for Australia 1.27<br />
Sweden<br />
Svenska Handelsbanken sr unsecur SerEMTN<br />
4.875% /2014 3,000,000 3,097,277 0.50<br />
Vattenfall sr unsecur SerEMTN 5.25% /2016 1,500,000 1,587,338 0.26<br />
Svensk Exportkredit sr nts SerEMTN<br />
3.625% /2014 1,300,000 1,294,787 0.21<br />
Skandinaviska Enskilda Banken subord SerEMTN<br />
4.125% /2015 (3) 1,200,000 1,132,487 0.18<br />
Total for Sweden 1.15<br />
<strong>Investment</strong>s<br />
Corporate Bonds (continued)<br />
Nominal in<br />
Euro unless<br />
specified<br />
Market<br />
value<br />
% of net<br />
assets<br />
Italy<br />
Intesa Sanpaolo sr unsecur SerGMTN<br />
4.75% /2017 1,500,000 1,527,932 0.25<br />
UniCredit sr unsecur SerEMTN<br />
1.533% /2010 (3) 1,400,000 1,388,904 0.23<br />
Banca Monte dei Paschi di Siena<br />
sr unsecur SerEMTN 5% /2012 1,000,000 1,040,869 0.17<br />
UniCredit subord SerEMTN 5.75% /2017 880,000 873,893 0.14<br />
Banca Monte dei Paschi di Siena<br />
sr unsecur SerEMTN 4.75% /2014 500,000 509,621 0.08<br />
Total for Italy 0.87<br />
Switzerland<br />
UBS sr nts SerEMTN 6% /2018 2,800,000 2,894,223 0.47<br />
Credit Suisse sr unsecur SerEMTN<br />
5.125% /2017 1,750,000 1,795,655 0.29<br />
UBS bnk gtd SerEMTN 7.152% perpetual (3) 350,000 215,833 0.03<br />
Total for Switzerland 0.79<br />
Denmark<br />
Danske Bank govt liquid gtd SerEMTN<br />
4.75% /2012 1,600,000 1,654,226 0.27<br />
Danske Bank sr unsecur SerEMTN<br />
5.875% /2011 1,200,000 1,262,869 0.20<br />
Danske Bank subord SerEMTN<br />
5.375% /2014 (3) 450,000 411,995 0.07<br />
Danske Bank sr unsecur SerEMTN<br />
4.75% /2014 250,000 250,253 0.04<br />
Total for Denmark 0.58<br />
Canada<br />
Royal Bank of Canada sr unsecur SerEMTN<br />
5.75% /2011 3,050,000 3,251,947 0.53<br />
Total for Canada 0.53<br />
Norway<br />
DnB NOR Bank sr unsecur SerEMTN<br />
5.875% /2013 2,150,000 2,285,723 0.37<br />
DnB NOR Bank sr unsecur SerEMTN<br />
4.5% /2014 250,000 251,383 0.04<br />
Total for Norway 0.41<br />
Jersey<br />
ASIF III Jersey sr secured SerEMTN 4.75% /2013 3,000,000 2,192,454 0.36<br />
Total for Jersey 0.36<br />
Luxembourg<br />
Gaz Capital secured SerEMTN LPN 6.605% /2018 2,200,000 1,801,250 0.29<br />
Total for Luxembourg 0.29<br />
Cayman Islands<br />
Norinchukin Finance bnk gtd SerEMTN<br />
4.25% /2016 (3) 1,450,000 1,349,390 0.22<br />
Total for Cayman Islands 0.22<br />
Singapore<br />
Singapore Telecommunications sr unsecur<br />
Ser144A priv plmt 6% /2011 700,000 751,424 0.12<br />
Total for Singapore 0.12<br />
Total for Corporate Bonds 57.13