Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2003-11-13 | Fergus Reid (71) Trustee/Director Since July 2003; Independent Trustee/Director; Chairman of the Governance Committee; Compensation: $95,500 for services to the Morgan Stanley Fund Complex; Committees: Audit Committee, Governance Committee. |
| 2004-11-12 | Fergus Reid (72) Trustee/Director Since July 2003 Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). The members of the Audit Committee of each Fund are currently Michael Bozic, Edwin J. Garn, Wayne E. Hedien, Dr. Manuel H. Johnson, Joseph J. Kearns, Michael E. Nugent and Fergus Reid. The members of the Governance Committee of each Fund are currently Michael Bozic, Edwin J. Garn and Fergus Reid. |
| 2005-11-14 | Fergus Reid (73) Trustee/ Director Since July 2003 Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). Seven of the current nine Trustees/Directors (Michael Bozic, Edwin J. Garn, Wayne E. Hedien, Manuel H. Johnson, Joseph J. Kearns, Michael E. Nugent and Fergus Reid) are "Independent Trustees" or "Independent Directors"... All of the Independent Trustees/Directors serve as members of the Audit Committee... The members of the Audit Committee of each Fund are currently Michael Bozic, Edwin J. Garn, Wayne E. Hedien, Dr. Manuel H. Johnson, Joseph J. Kearns, Michael E. Nugent and Fergus Reid... The members of the Governance Committee of each Fund are currently Michael Bozic, Edwin J. Garn and Fergus Reid, each of whom is an Independent Trustee/Director... The following table shows aggregate compensation payable to each Fund's Trustees/Directors... Fergus Reid... $213,000. |
| 2006-11-15 | Fergus Reid (74)... Nominee/Trustee/Director... Chairperson of the Governance Committee... Member of the Investment Committee... Member of the Fixed-Income Sub-Committee of the Investment Committee... Total Compensation from the Fund: 248 (ICB), 221 (OIA)... Total Compensation from the Fund Complex: $215,000. |
| 2007-11-05 | Fergus Reid (75) ... Nominee/Trustee/Director ... Chairperson of the Governance Committee ... Member of the Investment Committee ... Compensation: ICB $218, OIA $235, Fund Complex $215,000. |
| 2008-10-30 | Fergus Reid (76) ... Nominee/Trustee/Director ... Chairperson of the Governance Committee ... Member of the Investment Committee ... Total Compensation from the Fund Complex $223,125. |
| 2009-11-04 | Fergus Reid (77) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/ Trustee/ Director Since June 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The members of the Governance Committee of each Fund are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee/Director. The Chairperson of the Governance Committee is Fergus Reid. The Investment Committee oversees the portfolio investment process for and reviews the performance of each Fund. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Chairperson of the Investment Committee is Manuel H. Johnson. The Chairperson of the Boards receives an additional annual retainer fee of $60,000. Other Committee Chairpersons receive an additional annual retainer fee of $30,000 and the Investment Sub-Committee Chairpersons receive an additional annual retainer fee of $15,000. The aggregate compensation paid to each Trustee/Director is paid by the Retail Funds and the Institutional Funds, and is allocated on a pro rata basis among each of the operational funds/portfolios of the Retail Funds and the Institutional Funds based on the relative net assets of each of the funds/portfolios. Fergus Reid receives $241,250. |
| Filing Date | Source Excerpt |
|---|---|
| 2003-09-12 | Fergus Reid (71) Chairman of the Governance Committee and Director or Trustee of the Retail Funds and TCW/DW Term Trust 2003 (since July 2003) and the Institutional Funds (since June 1992); Chairman of Lumelite Plastics Corporation. Fergus Reid received $95,500 in total cash compensation for services to the Morgan Stanley Fund Complex. |
| 2004-09-14 | Fergus Reid (71) Trustee Since July 2003... Member of the Audit Committee... Chairman of the Governance Committee... Cash compensation from Fund Complex: $149,299. |
| 2005-09-21 | Fergus Reid (73) Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). Fergus Reid receives an annual retainer fee of $168,000 plus $30,000 as Chairman of the Governance Committee, totaling $213,000 in 2004. |
| 2006-09-13 | Fergus Reid (73) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/Trustee Since June 1992 Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). |
| 2007-09-11 | Fergus Reid (75) ... Trustee ... Chairman of Lumelite Plastics Corporation; Chairperson of the Governance Committee ... Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992) ... The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid ... The Chairperson of the Governance Committee is Fergus Reid ... The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, Fergus Reid and W. Allen Reed ... Fergus Reid total compensation from Fund Complex is $215,000. |
| 2008-08-29 | Fergus Reid (76) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/ Trustee Since June 1992 Chairman of Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee. The Chairperson of the Governance Committee is Fergus Reid. The Investment Committee oversees the portfolio investment process for and reviews the performance of each Trust. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Investment Committee has three Sub-Committees, each with its own Chairperson. Each Sub-Committee focuses on the Trusts’ primary areas of investment, namely equities, fixed income and alternatives. The Sub-Committees and their members are as follows: (2) Fixed-Income – Michael F. Klein (Chairperson), Michael Bozic and Fergus Reid. |
| 2009-09-14 | Fergus Reid (77) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/ Trustee Since June 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The Board of Trustees of each Trust also has a Governance Committee. The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee. The Chairperson of the Governance Committee is Fergus Reid. |
| Filing Date | Source Excerpt |
|---|---|
| 2003-09-12 | Fergus Reid (71) Chairman of the Governance Committee and Director or Trustee of the Retail Funds and TCW/DW Term Trust 2003 (since July 2003) and the Institutional Funds (since June 1992); Chairman of Lumelite Plastics Corporation. Compensation: $95,500. |
| 2004-09-14 | Fergus Reid (71) Trustee Since July 2003... Chairman of the Governance Committee... Member of the Audit Committee... Cash compensation from Fund Complex: $149,299. |
| 2005-09-21 | Fergus Reid (73) Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). Each Independent Trustee receives an annual retainer fee of $168,000 for serving the Retail Funds and Institutional Funds. In addition, each Independent Trustee receives $2,000 for attending each of the four quarterly board meetings and two performance meetings that occur each year, so that an Independent Trustee who attended all six meetings would receive total compensation of $180,000 for serving the Trusts. The Chairman of the Audit Committee receives an additional annual retainer fee of $60,000. Other Committee Chairmen and the Deputy Chairman of the Audit Committee receive an additional annual retainer fee of $30,000. The aggregate compensation paid to each Independent Trustee is paid by the Retail Funds and Institutional Funds, and is allocated on a pro rata basis among each of the operational funds/portfolios of the Retail Funds and Institutional Funds based on the relative net assets of each of the funds/portfolios. Fergus Reid is the Chairman of the Governance Committee. |
| 2006-09-13 | Fergus Reid (73) ... Nominee/Trustee ... Chairman of the Governance Committee ... member of the Audit Committee ... Total compensation from the Fund Complex 215,000. |
| 2007-09-11 | Fergus Reid (75) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Trustee Since June 1992 Chairman of Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). The Board of Trustees of each Trust also has a Governance Committee. The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee. The Chairperson of the Governance Committee is Fergus Reid. The following table shows aggregate compensation payable to each of the Trustees from each Trust for the fiscal year ended October 31, 2006 and the aggregate compensation payable to each of the Trust’s Trustees by the Fund Complex (which includes all of the Retail and Institutional Funds) for the calendar year ended December 31, 2006. Fergus Reid received $215,000 from the Fund Complex. |
| 2008-08-29 | Fergus Reid (76) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/ Trustee Since June 1992 Chairman of Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). Trustee and Director of certain investment companies in the JPMorgan Funds complex managed by J.P. Morgan Investment Management Inc. The Board of Trustees of each Trust also has a Governance Committee. The Governance Committee identifies individuals qualified to serve as Independent Trustees on each Trust’s Board and on committees of such Board and recommends such qualified individuals for nomination by the Trusts’ Independent Trustees as candidates for election as Independent Trustees, advises each Trust’s Board with respect to Board composition, procedures and committees, develops and recommends to each Trust’s Board a set of corporate governance principles applicable to the Trusts, monitors and makes recommendations on corporate governance matters and policies and procedures of the Trusts’ Board of Trustees and any Board committees and oversees periodic evaluations of the Trusts’ Board and its committees. The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee. The Chairperson of the Governance Committee is Fergus Reid. The Investment Committee oversees the portfolio investment process for and reviews the performance of each Trust. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Investment Committee has three Sub-Committees, each with its own Chairperson. Each Sub-Committee focuses on the Trusts’ primary areas of investment, namely equities, fixed income and alternatives. The Sub-Committees and their members are as follows: (2) Fixed-Income – Michael F. Klein (Chairperson), Michael Bozic and Fergus Reid. Effective October 1, 2007, each Trustee (except for the Chairperson of the Boards) receives an annual retainer fee of $200,000 for serving the Retail Funds and the Institutional Funds. Prior to October 1, 2007, each Trustee (except for the Chairperson of the Boards) received an annual retainer fee of $180,000 for serving the Retail Funds and the Institutional Funds. Fergus Reid total annual compensation from the Fund Complex is $223,125. |
| 2009-09-14 | Fergus Reid (77) c/o Lumelite Plastics Corporation 85 Charles Colman Blvd. Pawling, NY 12564 Nominee/ Trustee Since June 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The Board of Trustees of each Trust also has a Governance Committee. The members of the Governance Committee of each Trust are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Trustee. The Chairperson of the Governance Committee is Fergus Reid. The Investment Committee has three Sub-Committees, each with its own Chairperson. Each Sub-Committee focuses on the Trusts’ primary areas of investment, namely equities, fixed income and money market/alternatives. The Sub-Committees and their members are as follows: (2) Fixed Income – Michael F. Klein (Chairperson), Michael Bozic and Fergus Reid. The aggregate compensation paid to each Trustee is paid by the Retail Funds and the Institutional Funds, and is allocated on a pro rata basis among each of the operational funds/portfolios of the Retail Funds and the Institutional Funds based on the relative net assets of each of the funds/portfolios. Fergus Reid receives a total annual retainer fee of $241,250. |
| Filing Date | Source Excerpt |
|---|---|
| 2001-05-07 | Fergus Reid+................ Class I Director of all Funds Chairman and Chief Executive Officer of Lumelite Plastics Corporation; Trustee and Director of approximately 30 investment companies in the Vista Mutual Fund Group managed by J.P. Morgan Investment Management Inc.; Director of various U.S. registered investment companies managed by Morgan Stanley Investment Management |
| 2002-05-02 | Fergus Reid+ .............. Class I Director of all Funds (except IIF) since 2000; Class I Director of IIF since 1995 Chairman and Chief Executive Officer of Lumelite Plastics Corporation; Trustee and Director of approximately 30 investment companies in the J.P. Morgan Funds complex managed by J.P. Morgan Investment Management Inc.; Director of various U.S. registered investment companies managed by Morgan Stanley Investment Management. |
| 2003-04-21 | Fergus Reid (70) Class I Director of each of the Funds since 2000 |
| 2004-05-13 | Fergus Reid (71) - Class I Director of each of the Funds - Since 2000 - Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and various U.S. registered investment companies managed by MSIM (since June 1992). Total Compensation: $149,299. Committees: Audit Committee, Governance Committee. |
| 2005-05-19 | Fergus Reid + (72) Class I Director of each of the Funds Since 2000 Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and various U.S. registered investment companies managed by MSIM (since June 1992). |
| 2006-05-18 | Fergus Reid (73) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, New York 12564 Class I Director of each of the Funds Since 2000 Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Michael Bozic, Edwin J. Garn, Wayne E. Hedien, Dr. Manuel H. Johnson, Joseph J. Kearns, Michael Nugent and Fergus Reid. The members of the Governance Committee of each Fund other than IIF are currently Michael Bozic, Edwin J. Garn and Fergus Reid, each of whom is an Independent Director. Fergus Reid received $215,000 in compensation. |
| 2007-05-11 | Fergus Reid† (74) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds Since 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). |
| 2008-05-13 | Fergus Reid† (75) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds Since June 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). |
| 2009-05-07 | Fergus Reid (76)c/o Lumelite Plastics Corporation85 Charles Colman BoulevardPawling, NY 12564 Class I Director of each of the Funds Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The members of the Governance Committee of each Fund other than IIF are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Director. The members of the Audit Committee of each Fund other than IIF are currently Joseph J. Kearns, Michael E. Nugent and W. Allen Reed. The members of IIF's Audit Committee are currently Gaetan Bouic, Joseph J. Kearns, Ravindranath Santosh Kumar Hazareesing, M.J. Marcel Vivian Descroizilles and Fergus Reid. |
| 2010-05-19 | Fergus Reid (77)c/o Joe Pietryka, Inc. 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds (except ICB); Class II Director of ICB Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Joseph J. Kearns, Michael E. Nugent and W. Allen Reed. The members of IIF's Governance Committee are currently Gaetan Bouic, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, M.J. Marcel Vivian Descroizilles and Fergus Reid. The Chairperson of each Fund's Governance Committee is Fergus Reid. For each Fund (other than IIF), each Director (except for the Chairperson of the Boards) receives an annual retainer fee of $200,000 for serving the Retail Funds and the Institutional Funds. The Chairperson of the Audit Committee receives an additional annual retainer fee of $75,000 and the Investment Committee Chairperson receives an additional annual retainer fee of $60,000. Other Committee Chairpersons receive an additional annual retainer fee of $30,000 and the Sub-Committee Chairpersons receive an additional annual retainer fee of $15,000. |
| 2011-05-20 | Fergus Reid† (78)c/o Joe Pietryka, Inc. 85 Charles Colman Boulevard Pawling, NY 12564 Director of each of the Funds Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). Compensation: $245,000 annual retainer fee. |
| 2013-05-10 | Fergus Reid† (80)c/o Joe Pietryka, Inc.85 Charles ColmanBoulevardPawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). Each Fund (other than IIF) has an Investment Committee that oversees the portfolio investment process for and reviews the performance of the Fund. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Investment Committee of each Fund (other than IIF) has three Sub-Committees, each with its own Chairperson. Each Sub-Committee focuses on the Funds' primary areas of investment, namely equities, fixed income and alternatives. The Sub-Committees and their members are as follows: (2) Fixed Income 6 Michael F. Klein (Chairperson), Michael Bozic and Fergus Reid. The Board of each Fund (other than IIF) formed the Closed-End Fund Committee to consider a range of issues unique to closed-end funds. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. The Chairperson of the Closed-End Fund Committee is Michael E. Nugent. |
| 2014-05-05 | Fergus Reid† (81)c/o Joe Pietryka, Inc.85 Charles ColmanBoulevardPawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). Compensation: $281,750 |
| 2015-05-08 | Fergus Reid† (82)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). The members of the Audit Committee of IIF are currently M.J. Marcel Vivian Descroizilles, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, Mamode Izam Nathadkhan and Fergus Reid. The members of IIF's Governance Committee are currently M.J. Marcel Vivian Descroizilles, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, Mamode Izam Nathadkhan and Fergus Reid, each of whom is an Independent Director. The Chairperson of each Fund's Governance Committee is Fergus Reid. Each Fund (other than IIF) has an Investment Committee that oversees the portfolio investment process for and reviews the performance of the Fund. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, Nancy C. Everett, Jakki L. Haussler, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Board of each Fund (other than IIF) formed the Closed-End Fund Committee to consider a range of issues unique to closed-end funds. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. The Chairperson of the Closed-End Fund Committee of each Fund is Michael E. Nugent. Effective January 1, 2015, for each Fund (other than IIF), each Director (except for the Chairperson of the Boards) receives an annual retainer fee of $240,000 ($230,000 prior to January 1, 2015) for serving as a Director of the Morgan Stanley Funds. The Chairperson of the Audit Committee receives an additional annual retainer fee of $78,750 and the Investment Committee Chairperson receives an additional annual retainer fee of $63,000. Other Committee and Sub-Committee Chairpersons (except for the Chairperson of the Closed-End Fund Committee) receive an additional annual retainer fee of $31,500. The aggregate compensation paid to each Director is paid by the Morgan Stanley Funds, and is allocated on a pro rata basis among each of the operational funds/portfolios of the Morgan Stanley Funds based on the relative net assets of each of the funds/portfolios. Michael E. Nugent receives a total annual retainer fee of $480,000 ($460,000 prior to January 1, 2015) for his services as Chairperson of the Boards of the Morgan Stanley Funds (except IIF) and for administrative services provided to each Board. IIF pays each of its Directors an annual fee of $32,000 and the Audit Committee Chairperson is paid an additional annual fee of $5,000. The non-Mauritian Independent Directors of IIF receive a fee of $15,000 for each meeting such Director attends in Mauritius. Each Fund also reimburses Directors for travel and other out-of-pocket expenses incurred by them in connection with attending meetings of the Board. Directors of each Fund who are employed by the Adviser receive no compensation or expense reimbursement from the Funds for their services as Director. |
| 2016-05-09 | Fergus Reid† (83)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). The members of the Audit Committee of IIF are currently M.J. Marcel Vivian Descroizilles, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, Mamode Izam Nathadkhan and Fergus Reid. The members of the Governance Committee of each Fund other than IIF are Kathleen A. Dennis, Michael E. Nugent and Fergus Reid, each of whom is an Independent Director. The Chairperson of each Fund's Governance Committee is Fergus Reid. The members of the Investment Committee are Frank L. Bowman, Kathleen A. Dennis, Nancy C. Everett, Jakki L. Haussler, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. Effective January 1, 2016, for each Fund (other than IIF), each Director (except for the Chairperson of the Boards) receives an annual retainer fee of $250,000 ($240,000 prior to January 1, 2016) for serving as a Director of the Morgan Stanley Funds. Aggregate compensation paid to each Director is paid by the Morgan Stanley Funds, and is allocated on a pro rata basis among each of the operational funds/portfolios of the Morgan Stanley Funds based on the relative net assets of each of the funds/portfolios. Fergus Reid total compensation from Funds and Fund Complex is $303,500. |
| 2018-05-09 | Fergus Reid† (85)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds (except LDF) Since June 1992 Chairman, Joe Pietryka, Inc. (injection-molding company); Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). Compensation: $323,500. |
| Filing Date | Source Excerpt |
|---|---|
| 2001-05-07 | The Nominating and Compensation Committee members are John D. Barrett II, John A. Levin, Samuel T. Reeves and Fergus Reid, none of whom is an "interested person," as defined under the 1940 Act, of the Funds. The Chairman of the Nominating and Compensation Committee is Mr. Reid. Fergus Reid 73,550 16 |
| 2002-05-02 | Fergus Reid+ .............. Class I Director of all Funds (except IIF) since 2000; Class I Director of IIF since 1995; Chairman of each Nominating and Compensation Committee; Member of the Audit Committee. |
| 2003-04-21 | Fergus Reid 85 Charles Colman Boulevard Pawling, NY 12564 (70) Class I Director of the Fund since 2000 Chairman and Chief Executive Officer of Lumelite Plastics Corporation; Trustee and Director of certain investment companies in the J.P. Morgan Funds complex managed by J.P. Morgan Investment Management Inc.; Director of various U.S. registered investment companies managed by MSIM. None Over $100,000 216 The members of the Audit Committee are currently Gerard E. Jones, John S.Y. Chu, Gaetan Bouic, Marie Joseph Raymond La Musse and Fergus Reid, none of whom is an "interested person," as defined under the Investment Company Act of 1940, as amended (the "1940 Act"), of the Fund (with such disinterested Directors being "Independent Directors" or individually, "Independent Director"), and each of whom is "independent" from the Fund under the listing statements of the New York Stock Exchange, Inc. The current Chairman of the Fund's Audit Committee is Gerard E. Jones. The Board of Directors also has a Nominating and Compensation Committee. The Nominating and Compensation Committee evaluates and recommends nominees for election to the Fund's Board of Directors and establishes compensation for Independent Directors. The Fund has adopted a formal, written Nominating and Compensation Committee Charter. The members of the Nominating and Compensation Committee are currently Fergus Reid, Gerard E. Jones, John S.Y. Chu, Marie Joseph Raymond La Musse and Gaetan Bouic, each of whom is an Independent Director. The current Chairman of the Nominating and Compensation Committee is Fergus Reid. |
| 2004-05-13 | Fergus Reid - Class I Director of each of the Funds - Since 2000 - Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and various U.S. registered investment companies managed by MSIM (since June 1992). Total Compensation: $149,299. |
| 2005-05-19 | Fergus Reid + (72) Class I Director of each of the Funds (except IIF) Since 2000 ... Total Compensation ... $213,000 |
| 2006-05-18 | Fergus Reid (73) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, New York 12564 Class I Director of each of the Funds Since 2000 Chairman of Lumelite Plastics Corporation; Chairman of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Michael Bozic, Edwin J. Garn, Wayne E. Hedien, Dr. Manuel H. Johnson, Joseph J. Kearns, Michael Nugent and Fergus Reid. The members of the Governance Committee of each Fund other than IIF are currently Michael Bozic, Edwin J. Garn and Fergus Reid, each of whom is an Independent Director. Total Compensation from Funds and Fund Complex Paid to Directors: $215,000. |
| 2007-05-11 | Fergus Reid† (74) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds Since 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). |
| 2008-05-13 | Fergus Reid† (75) c/o Lumelite Plastics Corporation 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds Since June 1992 Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and the Institutional Funds (since June 1992). |
| 2009-05-07 | Fergus Reid (76)c/o Lumelite Plastics Corporation85 Charles Colman BoulevardPawling, NY 12564 Class I Director of each of the Funds Chairman, Lumelite Plastics Corporation; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). Compensation: $200,000 annual retainer fee plus additional fees for committee chairmanships. |
| 2010-05-19 | Fergus Reid (77)c/o Joe Pietryka, Inc. 85 Charles Colman Boulevard Pawling, NY 12564 Class I Director of each of the Funds (except ICB); Class II Director of ICB Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Joseph J. Kearns, Michael E. Nugent and W. Allen Reed. The members of the Governance Committee of each Fund other than IIF are Kathleen A. Dennis, Michael F. Klein and Fergus Reid, each of whom is an Independent Director. The members of IIF's Governance Committee are currently Gaetan Bouic, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, M.J. Marcel Vivian Descroizilles and Fergus Reid. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. |
| 2011-05-20 | Fergus Reid† (78)c/o Joe Pietryka, Inc. 85 Charles Colman Boulevard Pawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of the Retail Funds (since July 2003) and Institutional Funds (since June 1992). Trustee and Director of certain investment companies in the JPMorgan Funds complex managed by JP Morgan Investment Management Inc. For each Fund (other than IIF), each Director (except for the Chairperson of the Boards) receives an annual retainer fee of $210,000 for serving the Retail Funds and the Institutional Funds. The Chairperson of the Audit Committee receives an additional annual retainer fee of $78,750 and the Investment Committee Chairperson receives an additional annual retainer fee of $63,000. Other Committee Chairpersons receive an additional annual retainer fee of $31,500 and the Sub-Committee Chairpersons receive an additional annual retainer fee of $15,750. The aggregate compensation paid to each Director is paid by the Retail Funds and the Institutional Funds. Michael E. Nugent receives a total annual retainer fee of $420,000 for his services as Chairperson of the Boards of the Retail Funds and the Institutional Funds and for administrative services provided to each Board. The following table shows the aggregate compensation payable to each of the Funds' Directors as of each Funds' fiscal year end, as well as the total compensation payable to each Director for the calendar year ended December 31, 2010. Fergus Reid total compensation from Funds and Fund Complex paid to Directors: $245,000. |
| 2012-06-19 | Fergus Reid† (79)c/o Joe Pietryka, Inc.85 Charles ColmanBoulevardPawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). 105 Trustee and Director of certain investment companies in the JPMorgan Funds complex managed by JP Morgan Investment Management Inc. |
| 2013-05-10 | Fergus Reid† (80)c/o Joe Pietryka, Inc.85 Charles ColmanBoulevardPawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Joseph J. Kearns, Michael F. Klein, Michael E. Nugent and W. Allen Reed. The Board of Directors of each Fund also has a Governance Committee. The members of the Governance Committee of each Fund other than IIF are Kathleen A. Dennis and Fergus Reid, each of whom is an Independent Director. Each Fund (other than IIF) has an Investment Committee that oversees the portfolio investment process for and reviews the performance of the Fund. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Investment Committee of each Fund (other than IIF) has three Sub-Committees, each with its own Chairperson. The Sub-Committees and their members are as follows: (2) Fixed Income 6 Michael F. Klein (Chairperson), Michael Bozic and Fergus Reid. The Board of each Fund (other than IIF) formed the Closed-End Fund Committee to consider a range of issues unique to closed-end funds. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. |
| 2014-05-05 | Fergus Reid† (81)c/o Joe Pietryka, Inc.85 Charles ColmanBoulevardPawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). Through December 31, 2012, Trustee and Director of certain investment companies in the JP Morgan Fund complex managed by JP Morgan Investment Management Inc. |
| 2015-05-08 | Fergus Reid† (82)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). The members of the Audit Committee of each Fund other than IIF are currently Jakki L. Haussler, Joseph J. Kearns, Michael F. Klein and W. Allen Reed. The members of IIF's Audit Committee are currently M.J. Marcel Vivian Descroizilles, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, Mamode Izam Nathadkhan and Fergus Reid. The members of IIF's Governance Committee are currently M.J. Marcel Vivian Descroizilles, Ravindranath Santosh Kumar Hazareesing, Joseph J. Kearns, Mamode Izam Nathadkhan and Fergus Reid, each of whom is an Independent Director. The Chairperson of each Fund's Governance Committee is Fergus Reid. Each Fund (other than IIF) has an Investment Committee that oversees the portfolio investment process for and reviews the performance of the Fund. The Investment Committee also recommends to the Board to approve or renew the Fund's Investment Advisory and Administration Agreements. The members of the Investment Committee are Frank L. Bowman, Michael Bozic, Kathleen A. Dennis, Nancy C. Everett, Jakki L. Haussler, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Board of each Fund (other than IIF) formed the Closed-End Fund Committee to consider a range of issues unique to closed-end funds. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. The Chairperson of the Closed-End Fund Committee of each Fund is Michael E. Nugent. |
| 2016-05-09 | Fergus Reid† (83)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee and Director or Trustee of various Morgan Stanley Funds (since June 1992). The members of the Governance Committee of each Fund other than IIF are Kathleen A. Dennis, Michael E. Nugent and Fergus Reid, each of whom is an Independent Director. Each Fund (other than IIF) has an Investment Committee that oversees the portfolio investment process for and reviews the performance of the Fund. The Investment Committee also recommends to the Board to approve or renew the Fund's Investment Advisory and Administration Agreements. The members of the Investment Committee are Frank L. Bowman, Kathleen A. Dennis, Nancy C. Everett, Jakki L. Haussler, James F. Higgins, Manuel H. Johnson, Joseph J. Kearns, Michael F. Klein, Michael E. Nugent, W. Allen Reed and Fergus Reid. The Board of each Fund (other than IIF) formed the Closed-End Fund Committee to consider a range of issues unique to closed-end funds. The Closed-End Fund Committee consists of Michael E. Nugent, W. Allen Reed and Fergus Reid, each of whom is an Independent Director. The Chairperson of the Closed-End Fund Committee of each Fund is Michael E. Nugent. |
| 2017-05-12 | Fergus Reid† (84)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds Chairperson of the Governance Committee Effective January 1, 2017, for each Fund (other than IIF), each Director (except for the Chair of the Boards) receives an annual retainer fee of $260,000...The Governance Committee Chairperson receives an additional annual retainer fee of $35,000...The Fixed Income Sub-Committee Chairperson receives an additional annual retainer fee of $40,000...Mr. Reid total compensation $321,500. |
| 2018-05-09 | Fergus Reid† (85)c/o Joe Pietryka, Inc.85 Charles ColmanBlvd.Pawling, NY 12564 Director of each of the Funds (except LDF) Since June 1992 Chairman, Joe Pietryka, Inc.; Chairperson of the Governance Committee; Compensation: $323,500 |
Data sourced from SEC filings. Last updated: 2026-02-03