EX-99.77O RULE 10F-3 4 tenfthreeb.txt 10F-3 TRANSACTIONS MORGAN STANLEY INSTITUTIONAL FUNDS Rule 10f-3 Transactions (Purchase of Securities by Portfolio From an Underwriting Syndicate in which an Affiliate is a Member) (1) "October 1, 2003 - December 31, 2003" AMT OF PARTICIPATING TRADE PRICE/ SHARES/ PURC'D OFFER % UNDERWRITING PORT(s) DATE SHARE(2) PAR AMT FROM (000) UW Eastman Kodak MSIFT Balanced 10/7/03 99.88 60,000 Citi$500,000 0.012% Co., due 7.25% MSIFT Core Plus 10/7/03 99.88 1,965,000 Citi 0.393% 11/15/13 UIF Core Plus 10/7/03 99.88 220,000 Citi 0.044% 2,245,000 0.449% Carter's Inc. MSIF Equity Growth10/23/03 19.00 5,200 GS$118,750 0.083% MSIF Focus Equity10/23/03 19.00 500 GS 0.008% MSIF Small Co. Growth10/23/0319.00 4,800 GS 0.077% MSIF Technology 10/23/03 19.00 200 GS 0.003% MSIFT Mid Cap Growth10/23/0319.00 8,300 GS 0.133% MSIFT Balanced 10/23/03 19.00 200 GS 0.003% UIF Equity Growth10/23/03 19.00 700 GS 0.011% UIF Mid Cap Growth10/23/03 19.00 500 GS 0.008% UIF Small Co. Growth10/23/0319.00 100 GS 0.002% UIF Technology 10/23/03 19.00 300 GS 0.005% 20,800 0.333% Overnight Corp. MSIF Equity Growth10/30/03 19.00 21,200 CSFB$475,000 0.085% MSIF Small Co. Growth10/30/0319.00 20,400 CSFB 0.082% MSIF Technology 10/30/03 19.00 800 CSFB 0.003% MSIFT Balanced 10/30/03 19.00 1,000 CSFB 0.004% MSIFT Mid Cap Growth10/30/0319.00 34,800 CSFB 0.139% MSIFT USSmall Cap Val10/30/0319.00 17,700 CSFB 0.071% UIF Equity Growth10/30/00 19.00 3,000 CSFB 0.012% UIF Mid Cap Growth10/30/03 19.00 2,200 CSFB 0.009% UIF Small Co. Growth10/30/0319.00 300 CSFB 0.001% UIF Technology 10/30/03 19.00 1,100 CSFB 0.004% 102,500 0.410% PICC Property & MS Asia Pacific 10/31/03 0.23 328,000 ML$655,000 0.022% Casualty Co.,Ltd.MS Emerging Markets10/31/03 0.23 196,000 ML 0.013% MSIF Emerging Markets10/31/030.23 720,000 ML 0.049% UIF Emerging Markets10/31/03 0.23 194,000 ML 0.013% 1,438,000 0.097% China Resources MS Asia Pacific 11/10/03 0.36 363,000 BOCI$338,000 0.039% Power Holdings MS Emerging Markets11/10/03 0.36 223,000 BOCI 0.024% Co. Ltd. MSIF Emerging Markets11/10/030.36 812,000 BOCI 0.086% UIF Emerging Markets11/10/03 0.36 216,000 BOCI 0.023% 1,614,000 0.172% ICI Wilmington, MSIFT Balanced 11/18/03 99.70 65,000 Citi$5,000,000 0.001% Inc., due 4.375%MSIFT Core Plus 11/18/03 99.70 1,985,000Citi 0.040% 12/01/08 MSIFT Intermediate Dur11/18/0399.70 90,000 Citi 0.002% MSIFT Investment Grade11/18/0399.70 400,000Citi 0.008% MSIFT Limited Dur11/18/03 99.70 490,000Citi 0.010% MSIFT U.S. Core 11/18/03 99.70 235,000Citi 0.005% UIF Core Plus 11/18/03 99.70 230,000Citi 0.005% 3,495,000 0.071% Hutchison MSIFT Core Plus 11/19/03 99.74 1,795,000 HSBC$1,500,000 0.120% Whampoa MSIFT Intermediate Dur11/19/0399.74 100,000 HSBC 0.007% Int'l, Ltd., MSIFT Investment Grade11/19/0399.74 400,000 HSBC 0.027% due 5.45% UIF Core Plus 11/19/03 99.74 240,000 HSBC 0.016% 11/24/10 2,535,000 0.170% La Quinta Corp. MSIF US Real Estate11/20/03 5.55 104,950 CIBC WM$166,500 0.350% UIF US Real Estate11/20/03 5.55 64,800 CIBC WM 0.216% 169,750 0.566% Household MSIFT Balanced 12/3/03 99.71 25,000 HSBC$1,500,000 0.002% Finance Corp., MSIFT Intermediate Dur12/3/0399.71 90,000 HSBC 0.006% due 4.125%, MSIFT Investment Grade12/3/0399.71 450,000 HSBC 0.030% 12/15/08 MSIFT Limited Duration12/3/0399.71 615,000 HSBC 0.041% MSIFT U.S. Core 12/3/03 99.71 265,000 HSBC 0.018% UIF Core Plus 12/3/03 99.71 235,000 HSBC 0.016% UIF Equity & Income12/3/03 99.71 75,000 HSBC 0.005% 1,755,000 0.118% International MSIFT Balanced 12/10/03 99.84 90,000 DB $500,000 0.018% Paper Co., MSIFT Core Plus 12/10/03 99.84 2,260,000 DB 0.452% due 4.25% MSIFT Intermediate Dur12/10/0399.84 120,000 DB 0.024% 01/15/09 MSIFT Investment Grade12/10/0399.84 570,000 DB 0.114% MSIFT U.S. Core 12/10/03 99.84 330,000 DB 0.066% UIF Core Plus 12/10/03 99.84 325,000 DB 0.065% 3,695,000 0.739% Kraton Polymers MSIFT High Yield12/11/03 100.00 335,000 GS $200,000 0.168% LLC/CAP, due 8.125%UIF High Yield12/11/03 100.00 50,000 GS 0.025% 01/15/14 385,000 0.193% Nelnet, Inc. MSIFT USMid Cap Val12/11/03 21.00 50,800 JPM $8,000 0.635% UIF USMid Cap Val12/11/03 21.00 28,700 JPM 0.359% 79,500 0.994% Votorantim CeluloseMS Emerging Markets12/11/0327.50 19,700 JPM$253,476 0.214% e Papel MSIF Emerging Markets12/11/0327.50 80,100 JPM 0.869% UIF Emerging Markets12/11/0327.50 23,000 JPM 0.250% 122,800 1.333% Bangkok Bank PCLMS Asia Pacific 12/15/03 2.25 264,700 CSFB$765,000 0.235% MS Emerging Markets12/15/03 2.25 275,500 CSFB 0.245% MSIF Emerging Markets12/15/032.25 1,121,200 CSFB 0.995% UIF Emerging Markets12/15/03 2.25 296,500 CSFB 0.263% 1,957,900 1.738% Interpublic GroupUIF Equity & Income12/19/03 50.00 300 JPM $6,500 0.005% of Cos., due 5.375% 12/15/2016 (1) All transactions were completed in accordance with Rule 10f-3 and Board approved Rule 10f-3 procedures. (2) All prices in U.S. Dollar unless otherwise noted Citigroup - "Citi" JP Morgan - "JPM" Credit Suisse First Boston - "CSFB" Goldman Sachs - "GS" Deutsche Bank - "DB" Merrill Lynch - "ML" CIBC World Markets - "CIBC WM" Morgan Stanley Closed End Institutional Funds ("MS") Morgan Stanley Institutional Fund, Inc. ("MSIF") Morgan Stanley Institutional Fund Trust ("MSIFT") The Universal Institutional Funds, Inc. ("UIF")