0001504304-15-000021.txt : 20150309 0001504304-15-000021.hdr.sgml : 20150309 20150309091708 ACCESSION NUMBER: 0001504304-15-000021 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150309 DATE AS OF CHANGE: 20150309 GROUP MEMBERS: ANDREW DAKOS GROUP MEMBERS: BULLDOG INVESTORS GROUP OF FUNDS GROUP MEMBERS: BULLDOG INVESTORS, LLC GROUP MEMBERS: PHILLIP GOLDSTEIN GROUP MEMBERS: STEVEN SAMUELS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY EASTERN EUROPE FUND, INC. CENTRAL INDEX KEY: 0000918686 IRS NUMBER: 133756741 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-47087 FILM NUMBER: 15683717 BUSINESS ADDRESS: STREET 1: 522 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212 296-6963 MAIL ADDRESS: STREET 1: 522 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY EASTERN EUROPE FUND INC DATE OF NAME CHANGE: 20080711 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY DEAN WITTER EASTERN EUROPE FUND INC DATE OF NAME CHANGE: 20000504 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY RUSSIA & NEW EUROPE FUND INC DATE OF NAME CHANGE: 19960720 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bulldog Investors, LLC CENTRAL INDEX KEY: 0001504304 IRS NUMBER: 270926182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 BUSINESS PHONE: 201 556-0092 MAIL ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 FORMER COMPANY: FORMER CONFORMED NAME: Brooklyn Capital Management LLC DATE OF NAME CHANGE: 20101026 SC 13G 1 thirteeng.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Morgan Stanley East Europe (Name of Issuer) Common Stock (Title of Class of Securities) 616988101 (CUSIP Number) 02/25/15 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: _X_ Rule 13d-1(b) __ Rule 13d-1(c) __ Rule 13d-1(d) CUSIP No.: 9616988101 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Bulldog Investors LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each reporting Person With: 5. Sole Voting Power 205,945 6. Shared Voting Power 173,948 7. Sole Dispositive Power 205,945 8. Shared Dispositive Power 173,948 9. Aggregate Amount Beneficially Owned by Each Reporting Person 379,893 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 11.52% 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Bulldog Investors Group of Funds 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each reporting Person With: 5. Sole Voting Power 205,945 6. Shared Voting Power 0 7. Sole Dispositive Power 205,945 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 205,945 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 6.24% 12. Type of Reporting Person (See Instructions) IC 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Phillip Goldstein 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each reporting Person With: 5. Sole Voting Power 205,945 6. Shared Voting Power 173,948 7. Sole Dispositive Power 205,945 8. Shared Dispositive Power 173,948 9. Aggregate Amount Beneficially Owned by Each Reporting Person 379,893 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 11.52% 12. Type of Reporting Person (See Instructions) IN 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Andrew Dakos 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each reporting Person With: 5. Sole Voting Power 205,945 6. Shared Voting Power 173,948 7. Sole Dispositive Power 205,945 8. Shared Dispositive Power 173,948 9. Aggregate Amount Beneficially Owned by Each Reporting Person 379,893 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 11.52% 12. Type of Reporting Person (See Instructions) IN 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Steven Samuels 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each reporting Person With: 5. Sole Voting Power 205,945 6. Shared Voting Power 173,948 7. Sole Dispositive Power 205,945 8. Shared Dispositive Power 173,948 9. Aggregate Amount Beneficially Owned by Each Reporting Person 379,893 - (footnote 1) 10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row ( 9 ) 11.52% 12. Type of Reporting Person (See Instructions) IN Item 1. (a) The Name of the Issuer is: Morgan Stanley East Europe (b) The Address of the Issuer's Principal Executive Office is: 522 Fifth Ave. New York, NY 10036 Item 2. (a) The names of the Persons Filing are: Bulldog Investors LLC, Bulldog Investors Group of Funds, Phillip Goldstein, Andrew Dakos and Steven Samuels (b) The address of principal place of business and principal office is: Park 80 West, 250 Pehle Ave. Suite 708 Saddle Brook, NJ 07663 (c) Citizenship or Place of Organization: Delaware (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 616988101 Item 3. This statement is filed pursuant to 240.13d-1(b). The person filing is: (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). Item 4. (a) Amount beneficially owned: 379,893 (b) Percent of class: 11.52% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 205,945 (ii) Shared power to vote or to direct the vote: 173,948 (iii) Sole power to dispose or to direct the disposition of: 205,945 (iv) Shared power to dispose or to direct the disposition of: 173,948 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ____. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Clients of Bulldog Investors, LLC are entitled to receive dividends and sales proceeds. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. As per the DEF14A filing on 1/15/15, there were 3,296,999 shares of common stock outstanding as of 1/9/15. The percentages set forth herein were derived using such number. Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment adviser. As of March 6, 2015, Bulldog Investors, LLC is deemed to be the beneficial owner of 379,893 shares of RNE by virtue of Bulldog Investors, LLC's power to direct the vote of, and dispose of, these shares. These 379,893 shares of RNE include 205,945 shares (representing 6.24% of RNE's outstanding shares) that are beneficially owned by the following entities over which Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity Partners LP, Calapasas West Partners LP, Full Value Special Situations Fund LP, Full Value Offshore Fund Ltd., Full Value Partners LP, Opportunity Income Plus Fund LP, and MCM Opportunity Partners LP (collectively, "Bulldog Investors Group of Funds"). Bulldog Investors Group of Funds may be deemed to constitute a group. All other shares included in the aforementioned 379,893 shares of RNE owned by Bulldog Investors, LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 173,948 shares (representing 5.28% of RNE's outstanding shares). Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. By: /s/ Name: Phillip Goldstein Title: Principal, Bulldog Investors LLC Date: March 9, 2015 By: /s/ Name: Andrew Dakos Title: Principal, Bulldog Investors LLC Date: March 9, 2015 By: /s/ Name: Steven Samuels Title: Principal, Bulldog Investors LLC Date: March 9, 2015 Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member Date: March 9, 2015 Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein. Exhibit A: Agreement to make joint filings. Agreement made as of the 9th day of March 2015, by and among Bulldog Investors, LLC, Phillip Goldstein, Andrew Dakos, and Steven Samuels. WHEREAS, Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 provides that whenever two or more persons are required to file a statement containing the information required by Schedule 13G with respect to the same securities, only one such statement need be filed, so long as, among other things, such filing includes as an exhibit an agreement among such persons that such a statement is filed on behalf of each of them; WHEREAS, in connection with certain holdings of Morgan Stanley East Europe ("RNE"), each of the parties to this Agreement is required to file a statement containing the information required by Schedule 13G with respect to the same holdings of RNE; NOW THEREFORE, the parties hereby agree that one statement containing the information required by Schedule 13G shall be filed on behalf of each party hereto. IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the day and year first written above. By:/s/ Phillip Goldstein By:/s/ Andrew Dakos Phillip Goldstein Andrew Dakos BULLDOG INVESTORS, LLC By: /s/ Steven Samuels By: /s/ Andrew Dakos Steven Samuels Andrew Dakos, Member