EX-99.77D POLICIES 3 iqi77d.htm

SUB-ITEM 77(d)

MORGAN STANLEY QUALITY MUNICIPAL INCOME TRUST


As approved by the Board of Trustees, Quality Municipal Income Trust may invest
up to 20% of its net assets in taxable or tax-exempt fixed income securities
rated at least investment grade by Moody's Investors Service, Inc., Standard &
Poor's or another nationally recognized statistical rating organization or, if
not rated, determined by the Investment Adviser to be of comparable quality,
including municipal obligations, obligations of the U.S. government, its
respective agencies or instrumentalities, and other fixed income obligations,
and, during periods in which the Investment Adviser believes that changes in
economic, financial or political conditions make it advisable to do so, to an
unlimited extent in such investments for temporary defensive purposes.