The Universal Institutional Funds, Inc. - High Yield Portfolio.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Universal Institutional Funds, Inc. (the "Fund") announced that its Board of Directors approved a reverse 2:1 stock split for the Fund's High Yield Portfolio to occur at the close of business on Friday, November 10, 2006. At such time, each two shares of Class I shares of the High Yield Portfolio that have been issued and are outstanding immediately prior to such time will be combined into one share of Class I. Fractional shares Fractional share Stocks amounting to less than one full share, usually resulting from splits, acquisitions, exchanges, or dividend reinvestment programs. fractional share Less than one share of stock, that is, one-third or one-half a share. also will be issued. The Fund is an open-end management investment company consisting of multiple portfolios. The High Yield Portfolio's investment objective is to seek above-average total return over a market cycle of three to five years by investing primarily in a diversified portfolio of high yield securities. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Investment Management Inc. is the Fund's investment adviser. For more information, shareholders may contact Universal Institutional Funds Shareholder Services at 800-548-7786. For media inquiries, please contact Erica Platt at 212-762-3268. Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 400 investment professionals around the world and more than $448 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. or supervision as of August 31, 2006. These entities offer investment management services to a diverse client base, which includes governments, institutions, corporations and individuals. Morgan Stanley (NYSE NYSE See: New York Stock Exchange :MS) is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm providing a wide range of investment banking, securities, investment management, wealth management and credit services. The Firm's employees serve clients worldwide, including corporations, governments, institutions and individuals; from more than 600 offices in 30 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. |
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