New York Times 2Q Leaders

For the quarter ended June 30, 2004, the New York Times listed the Morgan Stanley Institutional Real Estate Fund A as the top-performing domestic specialized stock fund in the real estate category.

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For the quarter ended June 30, 2004, the New York Times listed the Morgan Stanley Institutional Real Estate Fund A as the top-performing domestic specialized stock fund in the real estate category; the Van Kampen Mortgage Fund A as the top-performing intermediate-term government bond fund; The Morgan Stanley Institutional Global Franchise Fund A among the top-10 international stock funds; and the Van Kampen Senior Loan Fund C among the top-10 taxable bond funds.
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