Morgan Stanley Emerging Markets Fund, Inc. Announces Information Regarding Reorganization
February 25 2019 - 4:30PM
Business Wire
Morgan Stanley Emerging Markets Fund, Inc. (NYSE: MSF) (the
“Fund”) announced today that the net asset value per share of the
Fund for purposes of calculating the number of Class I shares of
common stock of Emerging Markets Portfolio (“MSIF Emerging
Markets”), a series of Morgan Stanley Institutional Fund, Inc.,
that stockholders of the Fund will receive in exchange for the
transfer of substantially all of the assets and liabilities of the
Fund was $16.7706 as of the close of business on February 22, 2019
(the “Effective Date”). The net asset value per share of MSIF
Emerging Markets was $24.31 as of the close of business on February
22, 2019; accordingly, each share of common stock of the Fund will
be exchanged for approximately 0.68986425 shares of MSIF Emerging
Markets on February 25, 2019 to those stockholders who held shares
of the Fund as of the Effective Date.
The Fund is a diversified, closed-end management investment
company that seeks long-term capital appreciation through
investments primarily in emerging country equity securities.
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 636 investment
professionals around the world and $463 billion in assets under
management or supervision as of December 31, 2018. Morgan Stanley
Investment Management strives to provide outstanding long-term
investment performance, service and a comprehensive suite of
investment management solutions to a diverse client base, which
includes governments, institutions, corporations and individuals
worldwide. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing investment banking, securities, wealth management
and investment management services. With offices in more than 41
countries, the Firm’s employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
the securities in any state in which such offer, solicitation or
sale would be unlawful under the securities laws of any such
state.
Investing involves risk and it is possible to lose money on
any investment in the Fund.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190225005972/en/
Morgan Stanley Emerging Markets Fund, Inc.800.231.2608
Morgan Stanley DW Emerging Mkt (NYSE:MSF)
Historical Stock Chart
From Jul 2024 to Aug 2024
Morgan Stanley DW Emerging Mkt (NYSE:MSF)
Historical Stock Chart
From Aug 2023 to Aug 2024