Message #3 From:
NewsBot Date: November 1, 2006 01:46:00 PM
GVT News Morgan Stanley Government Income Trust to Merge with Morgan Stanley U.S. Government Securities Trust
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Government Income Trust (NYSE: GVT) (the “Fund”)
announced today that its Board of Trustees approved the merger of the
Fund into Morgan Stanley U.S. Government Securities Trust, a
diversified, open-end management investment company advised by the Fund’s
investment adviser, Morgan Stanley Investment Advisors Inc. The merger
will be subject to approval by the shareholders of the Fund at a meeting
scheduled for March 6, 2007.
Morgan Stanley Investment Advisors Inc. is the Fund’s
investment adviser. The Fund is a diversified, closed-end management
investment company, the shares of which are listed on the NYSE (GVT).
The Fund’s investment objectives are to seek
to provide as high a level of current income as is consistent with
prudent investment and, as a secondary objective, capital appreciation.
Morgan Stanley Investment Advisors Inc., together with its investment
advisory affiliates, has over 400 investment professionals around the
world and more than $448 billion in assets under management 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: MS) is a leading global financial services firm
providing a wide range of investment banking, securities, investment
management, wealth management and credit services. Morgan Stanley’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
