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

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                         MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number  811-10359
                                    --------------------------------------------

                        Morgan Stanley Mid-Cap Value Fund
- --------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)

  1221 Avenue of the Americas, New York, New York                  10020
- --------------------------------------------------------------------------------
     (Address of principal executive offices)                  (Zip code)

                                Amy Doberman Esq

                                Managing Director

                     Morgan Stanley Investment Advisors Inc.

                           1221 Avenue of the Americas

                            New York, New York 10020
- --------------------------------------------------------------------------------
                     (Name and address of agent for service)

Registrant's telephone number, including area code: 800-869-6397
                                                   -----------------------------

Date of fiscal year end:  8/31
                         --------------------

Date of reporting period:  7/1/04 - 6/30/05
                          -------------------






******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-10359
Reporting Period: 07/01/2004 - 06/30/2005
Morgan Stanley Mid-Cap Value Fund









============================== MID-CAP VALUE FUND ==============================


A.G. EDWARDS, INC.

Ticker:       AGE            Security ID:  281760108
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Samuel C. Hutchinson, Jr. For       For        Management
1.2   Elect  Director Ronald J. Kessler         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

ACE LTD.

Ticker:       ACE            Security ID:  G0070K103
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Evan G. Greenberg         For       For        Management
1.2   Elect  Director John A. Krol              For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

AMERADA HESS CORP.

Ticker:       AHC            Security ID:  023551104
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Edith E. Holiday           For       For        Management
1.2   Elect Director John  J. O' Connor         For       For        Management
1.3   Elect Director F. Borden Walker           For       For        Management
1.4   Elect Director Robert N. Wilson           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

APPLERA CORP

Ticker:       ABI            Security ID:  038020103
Meeting Date: OCT 21, 2004   Meeting Type: Annual
Record Date:  AUG 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard H. Ayers          For       For        Management
1.2   Elect  Director Jean-Luc Belingard        For       For        Management
1.3   Elect  Director Robert H. Hayes           For       For        Management
1.4   Elect  Director Arnold J. Levine          For       For        Management
1.5   Elect  Director William H. Longfield      For       For        Management
1.6   Elect  Director Theodore E. Martin        For       For        Management
1.7   Elect  Director Carolyn W. Slayman        For       For        Management
1.8   Elect  Director Orin R. Smith             For       For        Management
1.9   Elect  Director James R. Tobin            For       For        Management
1.10  Elect  Director Tony L. White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

BAUSCH & LOMB INC.

Ticker:       BOL            Security ID:  071707103
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul A. Friedman           For       For        Management
1.2   Elect Director Jonathan S. Linen          For       For        Management
1.3   Elect Director William H. Waltrip         For       For        Management
2     Ratify Auditors                           For       For        Management
3A    Declassify the Board of Directors         For       For        Management
3B    Reduce Supermajority Vote Requirement     For       For        Management
3C    Authorize Board to Fill Vacancies         For       For        Management
3D    Remove Supermajority Vote Requirement for For       For        Management
      Removal of Directors
3E    Remove Supermajority Vote Requirement for For       For        Management
      Amendments


- --------------------------------------------------------------------------------

BEARINGPOINT, INC.

Ticker:       BE             Security ID:  074002106
Meeting Date: AUG 3, 2004    Meeting Type: Annual
Record Date:  JUN 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Douglas C. Allred         For       For        Management
1.2   Elect  Director Betsy J. Bernard          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

BISYS GROUP, INC., THE

Ticker:       BSG            Security ID:  055472104
Meeting Date: NOV 11, 2004   Meeting Type: Annual
Record Date:  SEP 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Denis A. Bovin            For       Withhold   Management
1.2   Elect  Director Robert J. Casale          For       For        Management
1.3   Elect  Director Thomas A. Cooper          For       For        Management
1.4   Elect  Director Russell P. Fradin         For       For        Management
1.5   Elect  Director Richard J. Haviland       For       For        Management
1.6   Elect  Director Paula G. Mcinerney        For       For        Management
1.7   Elect  Director Joseph J. Melone          For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

CENTURYTEL, INC.

Ticker:       CTL            Security ID:  156700106
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Virginia Boulet            For       For        Management
1.2   Elect Director Calvin Czeschin            For       For        Management
1.3   Elect Director James B. Gardner           For       For        Management
1.4   Elect Director Gregory J. McCray          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
5     Approve Executive Incentive Bonus Plan    For       For        Management


- --------------------------------------------------------------------------------

CONSECO, INC.

Ticker:       CNO            Security ID:  208464883
Meeting Date: AUG 24, 2004   Meeting Type: Annual
Record Date:  JUL 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Debra J. Perry            For       For        Management
1.2   Elect  Director Philip R. Roberts         For       For        Management
1.3   Elect  Director William J. Shea           For       For        Management
1.4   Elect  Director Michael T. Tokarz         For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

CONSTELLATION ENERGY GROUP, INC.

Ticker:       CEG            Security ID:  210371100
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Yves C. de Balmann        For       For        Management
1.2   Elect  Director Freeman A. Hrabowski, III For       For        Management
1.3   Elect  Director Nancy Lampton             For       For        Management
1.4   Elect  Director Lynn M. Martin            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

COOPER CAMERON CORP.

Ticker:       CAM            Security ID:  216640102
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter J. Fluor            For       For        Management
1.2   Elect  Director David Ross III            For       For        Management
1.3   Elect  Director Bruce W. Wilkinson        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management


- --------------------------------------------------------------------------------

DARDEN RESTAURANTS, INC.

Ticker:       DRI            Security ID:  237194105
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:  JUL 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leonard L. Berry          For       For        Management
1.2   Elect  Director Odie C. Donald            For       For        Management
1.3   Elect  Director David H. Hughes           For       For        Management
1.4   Elect  Director Joe R. Lee                For       For        Management
1.5   Elect  Director Senator Connie Mack III   For       For        Management
1.6   Elect  Director Andrew H. (drew) Madsen   For       For        Management
1.7   Elect  Director Clarence Otis, Jr.        For       For        Management
1.8   Elect  Director Michael D. Rose           For       For        Management
1.9   Elect  Director Maria A. Sastre           For       For        Management
1.10  Elect  Director Jack A. Smith             For       For        Management
1.11  Elect  Director Blaine Sweatt, III        For       For        Management
1.12  Elect  Director Rita P. Wilson            For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

DOLLAR GENERAL CORP.

Ticker:       DG             Security ID:  256669102
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Bere             For       For        Management
1.2   Elect  Director Dennis C. Bottorff        For       For        Management
1.3   Elect  Director Barbara L. Bowles         For       For        Management
1.4   Elect  Director James L. Clayton          For       For        Management
1.5   Elect  Director Reginald D. Dickson       For       For        Management
1.6   Elect  Director E. Gordon Gee             For       For        Management
1.7   Elect  Director Barbara M. Knuckles       For       For        Management
1.8   Elect  Director David A. Perdue           For       For        Management
1.9   Elect  Director J. Neal Purcell           For       For        Management
1.10  Elect  Director James D. Robbins          For       For        Management
1.11  Elect  Director David M. Wilds            For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

EDISON INTERNATIONAL

Ticker:       EIX            Security ID:  281020107
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Bryson            For       For        Management
1.2   Elect  Director France A. Cordova         For       For        Management
1.3   Elect  Director Thomas C. Sutton          For       For        Management
1.4   Elect  Director Bradford M. Freeman       For       For        Management
1.5   Elect  Director Bruce Karatz              For       For        Management
1.6   Elect  Director Luis G. Nogales           For       For        Management
1.7   Elect  Director Ronald L. Olson           For       For        Management
1.8   Elect  Director James M. Rosser           For       For        Management
1.9   Elect  Director Richard T. Schlosberg,    For       For        Management
      III
1.10  Elect  Director Robert H. Smith           For       For        Management
2     Submit Severance Agreement                Against   Against    Shareholder
      (Change-in-Control) to Shareholder Vote


- --------------------------------------------------------------------------------

EL PASO CORP

Ticker:       EP             Security ID:  28336L109
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John M. Bissell           For       Withhold   Management
1.2   Elect  Director Juan Carlos Braniff       For       Withhold   Management
1.3   Elect  Director James L. Dunlap           For       Withhold   Management
1.4   Elect  Director Douglas L. Foshee         For       For        Management
1.5   Elect  Director Robert W. Goldman         For       Withhold   Management
1.6   Elect  Director Anthony W. Hall, Jr.      For       Withhold   Management
1.7   Elect  Director Thomas R. Hix             For       For        Management
1.8   Elect  Director William H. Joyce          For       For        Management
1.9   Elect  Director Ronald L. Kuehn, Jr.      For       Withhold   Management
1.10  Elect  Director J. Michael Talbert        For       Withhold   Management
1.11  Elect  Director John L. Whitmire          For       Withhold   Management
1.12  Elect  Director Joe B. Wyatt              For       Withhold   Management
2     Ratify Auditors                           For       Against    Management
3     Expense Stock Options                     Against   For        Shareholder
4     Limit Executive Compensation              Against   Against    Shareholder


- --------------------------------------------------------------------------------

FLUOR CORP.

Ticker:       FLR            Security ID:  343412102
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Peter J. Fluor             For       Withhold   Management
1.2   Elect Director David P. Gardner           For       For        Management
1.3   Elect Director Joseph W. Prueher          For       For        Management
1.4   Elect Director Suzanne H. Woolsey         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Governance Documents Regarding      Against   Against    Shareholder
      Majority Votes for Directors


- --------------------------------------------------------------------------------

GOODRICH CORPORATION

Ticker:       GR             Security ID:  382388106
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Diane C. Creel             For       For        Management
1.2   Elect Director George A. Davidson Jr.     For       For        Management
1.3   Elect Director Harris E. DeLoach, Jr.     For       For        Management
1.4   Elect Director James W. Griffith          For       For        Management
1.5   Elect Director William R. Holland         For       For        Management
1.6   Elect Director Marshall O. Larsen         For       For        Management
1.7   Elect Director Douglas E. Olesen          For       For        Management
1.8   Elect Director Alfred M. Rankin, Jr.      For       For        Management
1.9   Elect Director James R. Wilson            For       For        Management
1.10  Elect Director Thomas Young               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management


- --------------------------------------------------------------------------------

HORACE MANN EDUCATORS CORP.

Ticker:       HMN            Security ID:  440327104
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William W. Abbott         For       For        Management
1.2   Elect  Director Mary H. Futrell           For       For        Management
1.3   Elect  Director Stephen J. Hasenmiller    For       For        Management
1.4   Elect  Director Louis G. Lower, II        For       For        Management
1.5   Elect  Director Joseph J. Melone          For       For        Management
1.6   Elect  Director Jeffrey L. Morby          For       For        Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Charles A. Parker         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

HUBBELL INCORPORATED

Ticker:       HUB.B          Security ID:  443510201
Meeting Date: MAY 2, 2005    Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director G. Jackson Ratcliffe      For       For        Management
1.2   Elect  Director E. Richard Brooks         For       For        Management
1.3   Elect  Director George W. Edwards, Jr.    For       For        Management
1.4   Elect  Director Joel S. Hoffman           For       For        Management
1.5   Elect  Director Andrew McNally IV         For       For        Management
1.6   Elect  Director Daniel J. Meyer           For       For        Management
1.7   Elect  Director Timothy H. Powers         For       For        Management
1.8   Elect  Director Daniel S. Van Riper       For       For        Management
1.9   Elect  Director Richard J. Swift          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


- --------------------------------------------------------------------------------

IMS HEALTH INC.

Ticker:       RX             Security ID:  449934108
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David R. Carlucci         For       For        Management
1.2   Elect  Director Constantine L. Clemente   For       For        Management
1.3   Elect  Director Kathryn E. Giusti         For       For        Management
1.4   Elect  Director M. Bernard Puckett        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Poison Pill to Shareholder Vote    Against   For        Shareholder


- --------------------------------------------------------------------------------

INTERNATIONAL FLAVORS & FRAGRANCES INC.

Ticker:       IFF            Security ID:  459506101
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Margaret Hayes Adame       For       For        Management
1.2   Elect Director Gunter Blobel              For       For        Management
1.3   Elect Director J. Michael Cook            For       For        Management
1.4   Elect Director Peter A. Georgescu         For       For        Management
1.5   Elect Director Richard A. Goldstein       For       For        Management
1.6   Elect Director Alexandra A. Herzan        For       For        Management
1.7   Elect Director Henry W. Howell, Jr.       For       For        Management
1.8   Elect Director Arthur C. Martinez         For       For        Management
1.9   Elect Director Burton M. Tansky           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

LINENS 'N' THINGS, INC

Ticker:       LIN            Security ID:  535679104
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Norman Axelrod            For       For        Management
1.2   Elect  Director Morton E. Handel          For       For        Management


- --------------------------------------------------------------------------------

LYONDELL CHEMICAL CO.

Ticker:       LYO            Security ID:  552078107
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Carol A. Anderson         For       For        Management
1.2   Elect  Director Dr. William T. Butler     For       For        Management
1.3   Elect  Director Stephen I. Chazen         For       For        Management
1.4   Elect  Director Worley H. Clark, Jr.      For       For        Management
1.5   Elect  Director Travis Engen              For       For        Management
1.6   Elect  Director Stephen F. Hinchliffe,    For       For        Management
      Jr.
1.7   Elect  Director Danny W. Huff             For       For        Management
1.8   Elect  Director Dr. Ray R. Irani          For       Withhold   Management
1.9   Elect  Director David J. Lesar            For       For        Management
1.10  Elect  Director David J.P. Meachin        For       For        Management
1.11  Elect  Director Dan F. Smith              For       For        Management
1.12  Elect  Director Dr. William R. Spivey     For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

LYONDELL CHEMICAL CO.

Ticker:       LYO            Security ID:  552078107
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:  OCT 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

MACERICH CO., THE

Ticker:       MAC            Security ID:  554382101
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dana K. Anderson          For       For        Management
1.2   Elect  Director Diana M. Laing            For       For        Management
1.3   Elect  Director Stanley A. Moore          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MAGNA INTERNATIONAL INC.

Ticker:       MG.SV.A        Security ID:  559222401
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Fike           For       Withhold   Management
1.2   Elect  Director Manfred Gingl             For       Withhold   Management
1.3   Elect  Director Michael D. Harris         For       Withhold   Management
1.4   Elect  Director Edward C. Lumley          For       Withhold   Management
1.5   Elect  Director Klaus Mangold             For       Withhold   Management
1.6   Elect  Director Donald Resnick            For       Withhold   Management
1.7   Elect  Director Royden R. Richardson      For       Withhold   Management
1.8   Elect  Director Frank Stronach            For       Withhold   Management
1.9   Elect  Director Franz Vranitzky           For       Withhold   Management
1.10  Elect  Director Siegfried Wolf            For       Withhold   Management
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize the Audit Committee to Fix
      Their Remuneration


- --------------------------------------------------------------------------------

MANPOWER INC.

Ticker:       MAN            Security ID:  56418H100
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Thomas Bouchard        For       For        Management
1.2   Elect  Director Rozanne L. Ridgway        For       For        Management
1.3   Elect  Director Edward J. Zore            For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

NEWELL RUBBERMAID INC.

Ticker:       NWL            Security ID:  651229106
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael T. Chowhig         For       For        Management
1.2   Elect Director Mark D. Ketchum            For       For        Management
1.3   Elect Director William D. Marohn          For       For        Management
1.4   Elect Director Raymond G. Viault          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


- --------------------------------------------------------------------------------

NORTHERN TRUST CORP.

Ticker:       NTRS           Security ID:  665859104
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Duane L. Burnham          For       For        Management
1.2   Elect  Director Susan Crown               For       For        Management
1.3   Elect  Director Robert A. Helman          For       For        Management
1.4   Elect  Director Dipak C. Jain             For       For        Management
1.5   Elect  Director Arthur L. Kelly           For       For        Management
1.6   Elect  Director Robert C. McCormack       For       For        Management
1.7   Elect  Director Edward J. Mooney          For       For        Management
1.8   Elect  Director William A. Osborn         For       For        Management
1.9   Elect  Director John W. Rowe              For       For        Management
1.10  Elect  Director Harold B. Smith           For       For        Management
1.11  Elect  Director William D. Smithburg      For       For        Management
1.12  Elect  Director Charles A. Tribbett III   For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

OFFICE DEPOT, INC.

Ticker:       ODP            Security ID:  676220106
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lee A. Ault III           For       For        Management
1.2   Elect  Director Neil R. Austrian          For       For        Management
1.3   Elect  Director David W. Bernauer         For       For        Management
1.4   Elect  Director Abelardo E. Bru           For       For        Management
1.5   Elect  Director David I. Fuente           For       For        Management
1.6   Elect  Director Brenda J. Gaines          For       For        Management
1.7   Elect  Director Myra M. Hart              For       For        Management
1.8   Elect  Director W. Scott Hedrick          For       For        Management
1.9   Elect  Director James L. Heskett          For       For        Management
1.10  Elect  Director Patricia A. McKay         For       For        Management
1.11  Elect  Director Michael J. Myers          For       For        Management
1.12  Elect  Director Steve Odland              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review/Limit Executive Compensation       Against   Against    Shareholder
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


- --------------------------------------------------------------------------------

PALL CORP.

Ticker:       PLL            Security ID:  696429307
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  SEP 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John H.F. Haskell, Jr.    For       For        Management
1.2   Elect  Director Katharine L. Plourde      For       For        Management
1.3   Elect  Director Heywood Shelley           For       For        Management
1.4   Elect  Director Edward Travaglianti       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


- --------------------------------------------------------------------------------

PMI GROUP, INC., THE

Ticker:       PMI            Security ID:  69344M101
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mariann Byerwalter        For       For        Management
1.2   Elect  Director Dr. James C. Castle       For       For        Management
1.3   Elect  Director Carmine Guerro            For       For        Management
1.4   Elect  Director W. Roger Haughton         For       For        Management
1.5   Elect  Director Wayne E. Hedien           For       For        Management
1.6   Elect  Director Louis G. Lower II         For       For        Management
1.7   Elect  Director Raymond L. Ocampo Jr.     For       For        Management
1.8   Elect  Director John D. Roach             For       For        Management
1.9   Elect  Director Dr. Kenneth T. Rosen      For       For        Management
1.10  Elect  Director Steven L. Scheid          For       For        Management
1.11  Elect  Director L. Stephen Smith          For       For        Management
1.12  Elect  Director Richard L. Thomas         For       For        Management
1.13  Elect  Director Jose H. Villarreal        For       For        Management
1.14  Elect  Director Mary Lee Widener          For       For        Management
1.15  Elect  Director Ronald H. Zech            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SABRE HOLDINGS CORPORATION

Ticker:       TSG            Security ID:  785905100
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael S. Gilliland      For       For        Management
1.2   Elect  Director Bob L. Martin             For       For        Management
1.3   Elect  Director Richard L. Thomas         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Amend Articles                            For       For        Management
5     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

SCHOLASTIC CORP.

Ticker:       SCHL           Security ID:  807066105
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:  JUL 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John L. Davies            For       For        Management
1.2   Elect  Director Peter M. Mayer            For       For        Management
1.3   Elect  Director John G. McDonald          For       For        Management


- --------------------------------------------------------------------------------

SEALED AIR CORP.

Ticker:       SEE            Security ID:  81211K100
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hank Brown                 For       For        Management
1.2   Elect Director Michael Chu                For       For        Management
1.3   Elect Director Lawrence R. Codey          For       For        Management
1.4   Elect Director T. J. Dermot Dunphy        For       For        Management
1.5   Elect Director Charles F. Farrell, Jr.    For       For        Management
1.6   Elect Director William V. Hickey          For       For        Management
1.7   Elect Director Jacqueline B. Kosecoff     For       For        Management
1.8   Elect Director Kenneth P. Manning         For       For        Management
1.9   Elect Director William J. Marino          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SOUTHWEST AIRLINES CO.

Ticker:       LUV            Security ID:  844741108
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Colleen C. Barrett        For       For        Management
1.2   Elect  Director Gary C. Kelly             For       For        Management
1.3   Elect  Director John T. Montford          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SOVEREIGN BANCORP, INC.

Ticker:       SOV            Security ID:  845905108
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director P. Michael Ehlerman        For       For        Management
1.2   Elect Director Marian L. Heard            For       For        Management
1.3   Elect Director Jay S. Sidhu               For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TECH DATA CORP.

Ticker:       TECD           Security ID:  878237106
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James M. Cracchiolo       For       For        Management
1.2   Elect  Director Jeffery P. Howells        For       For        Management
1.3   Elect  Director David M. Upton            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

TRANSOCEAN INC.

Ticker:                      Security ID:  G90078109
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Judy J. Kelly             For       For        Management
1.2   Elect  Director Roberto Monti             For       For        Management
1.3   Elect  Director Ian C. Strachan           For       For        Management
2     APPROVAL OF THE AMENDMENT OF OUR EMPLOYEE For       For        Management
      STOCK PURCHASE PLAN TO INCREASE THE
      NUMBER OF ORDINARY SHARES RESERVED FOR
      ISSUANCE UNDER THE PLAN FROM 2,500,000 TO
      3,500,000.
3     APPROVAL OF THE APPOINTMENT OF ERNST &    For       For        Management
      YOUNG LLP TO SERVE AS OUR INDEPENDENT
      REGISTERED PUBLIC ACCOUNTING FIRM.


- --------------------------------------------------------------------------------

VALASSIS COMMUNICATIONS, INC.

Ticker:       VCI            Security ID:  918866104
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Patrick F. Brennan        For       For        Management
1.2   Elect  Director Robert L. Recchia         For       For        Management
1.3   Elect  Director Kenneth V. Darish         For       For        Management
1.4   Elect  Director Marcella A. Sampson       For       For        Management
1.5   Elect  Director Seth Goldstein            For       For        Management
1.6   Elect  Director Alan F. Schultz           For       For        Management
1.7   Elect  Director Barry P. Hoffman          For       For        Management
1.8   Elect  Director Faith Whittlesey          For       For        Management
1.9   Elect  Director Walter H. Ku              For       Withhold   Management
2     Approve Restricted Stock Plan             For       For        Management
3     Approve Restricted Stock Plan             For       For        Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

VALERO ENERGY CORP.

Ticker:       VLO            Security ID:  91913Y100
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director W.E. Bill Bradford         For       For        Management
1.2   Elect Director Ronald K. Calgaard         For       For        Management
1.3   Elect Director William E. Greehey         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


- --------------------------------------------------------------------------------

VALERO ENERGY CORP.

Ticker:       VLO            Security ID:  91913Y100
Meeting Date: SEP 13, 2004   Meeting Type: Special
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


- --------------------------------------------------------------------------------

WATSON PHARMACEUTICALS, INC.

Ticker:       WPI            Security ID:  942683103
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Fedida          For       For        Management
1.2   Elect Director Albert F. Hummel           For       For        Management
1.3   Elect Director Catherine M. Klema         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WISCONSIN ENERGY CORP.

Ticker:       WEC            Security ID:  976657106
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John F. Ahearne           For       For        Management
1.2   Elect  Director John F. Bergstrom         For       For        Management
1.3   Elect  Director Barbara L. Bowles         For       For        Management
1.4   Elect  Director Robert A. Cornog          For       For        Management
1.5   Elect  Director Curt S. Culver            For       For        Management
1.6   Elect  Director Gale E. Klappa            For       For        Management
1.7   Elect  Director Ulice Payne, Jr.          For       For        Management
1.8   Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
1.9   Elect  Director George E. Wardeberg       For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

YORK INTERNATIONAL CORP

Ticker:       YRK            Security ID:  986670107
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Michael Clevy          For       For        Management
1.2   Elect  Director J. Roderick Heller, III   For       For        Management
1.3   Elect  Director Robert F.B. Logan         For       For        Management
1.4   Elect  Director Gerald C. McDonough       For       For        Management
1.5   Elect  Director C. David Myers            For       For        Management
1.6   Elect  Director Paul J. Powers            For       For        Management
1.7   Elect  Director Donald M. Roberts         For       For        Management
1.8   Elect  Director James A. Urry             For       For        Management
2     Ratify Auditors                           For       For        Management

========== END NPX REPORT





                                   SIGNATURES

         Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant):  Morgan Stanley Mid-Cap Value Fund
              ------------------------------------------------------------------

By  (Signature and Title):
                                             /s/ Ronald E. Robison

                             Principal Executive Officer - Office of the Funds
                        --------------------------------------------------------



Date   August 25, 2005
     ---------------------------------------------------------------------------



                                        2