MUSDX : Morgan Stanley Institutional Fund, Inc. U.S. Real Estate Portfolio Class A

Fund Summary

The investment seeks to provide above average current income and long-term capital appreciation. The fund normally invests at least 80% of its assets in equity securities of companies in the U.S. real estate industry. The Adviser seeks a combination of above-average current income and long-term capital appreciation by investing primarily in equity securities of companies in the U.S. real estate industry, including REITs. The fund focuses on REITs as well as real estate operating companies ("REOCs") that invest in a variety of property types and regions. The fund is non-diversified.