SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CITY OF LONDON INVESTMENT GROUP PLC

(Last)

(First)

(Middle)

77 GRACECHURCH STREET

LONDON ENGLAND

(Street)

LONDON

EC3V0AS

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MORGAN STANLEY EMERGING MARKETS FUND INC [ MSF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/28/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.01 per share⁽¹⁾	12/28/2017	12/28/2017	P		23,333	A	$17.76	319,859⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽²⁾	12/28/2017	12/28/2017	P		6,667	A	$17.76	96,867⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽³⁾								347,253⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽⁴⁾								145,289⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽⁵⁾								347,754⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽⁶⁾								138,490⁽¹²⁾	I	As investment adviser to a Dublin, Ireland-listed open-ended investment company⁽¹³⁾
Common Stock, par value $.01 per share⁽⁷⁾								170,595⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽⁸⁾								334,177⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽⁹⁾								48,979⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽¹⁰⁾								45,321⁽¹²⁾	I	As investment adviser to a private investment fund⁽¹³⁾
Common Stock, par value $.01 per share⁽¹¹⁾								1,710,075⁽¹²⁾	I	As investment adviser to unaffiliated third-party segregated accounts⁽¹³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

CITY OF LONDON INVESTMENT GROUP PLC

(Last)

(First)

(Middle)

77 GRACECHURCH STREET

LONDON ENGLAND

(Street)

LONDON

EC3V0AS

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

CITY OF LONDON INVESTMENT MANAGEMENT CO LTD

(Last)

(First)

(Middle)

77 GRACECHURCH STREET

LONDON ENGLAND

(Street)

LONDON

EC3V0AS

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. These securities are beneficially owned by Emerging (BMI) Markets Country Fund.

2. These securities are beneficially owned by Emerging Markets Free Fund.

3. These securities are beneficially owned by Emerging Markets Global Fund.

4. These securities are beneficially owned by Emerging Markets Investable Fund.

5. These securities are beneficially owned by Global Emerging Markets Fund.

6. These securities are beneficially owned by The Emerging World Fund.

7. These securities are beneficially owned by Emerging Free Markets Country Fund.

8. These securities are beneficially owned by Emerging Markets Country Fund.

9. These securities are beneficially owned by Investable Emerging Markets Country Fund.

10. These securities are beneficially owned by The EM Plus CEF Fund.

11. These securities are beneficially owned by 12 unaffiliated third-party segregated accounts.

12. No one direct beneficial owner of the reported securities owns more than 5% of the outstanding securities of Issuer.

13. As of the date hereof, City of London Group PLC ("CLIG"), through its control of City of London Investment Management Company Limited ("CLIM"), and CLIM, in its capacity as investment adviser to the funds listed above and the 12 unaffiliated third-party segregated accounts, have voting and dispositive power with respect to all of the reported securities.

	/s/ Barry Olliff, Director - City of London Group PLC	12/29/2017
	/s/ Barry Olliff, Director - City of London Investment Management Company Limited	12/29/2017
	** Signature of Reporting Person	Date
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