Universal Institutional Funds, Inc.
Rule 10f-3 Transactions (Purchase of Securities by Fund From an Underwriting
Syndicate
in which an Affiliate is a Member)
January 1, 2000 through April 30, 2000
Date of PricePerTotal % of Offering Underwriter/Dealer TotUnits
Offering Security Shares Share Value Purchased from Whom Purchased Offered
Universal Institutional Asian Equity Portfolio
02/28/00 AsianInfo 250 24.00 $6,000 0.01% Goldman Sachs 5,000,000
Universal Institutional Emerging Markets Equity Portfolio
01/18/00 GroupoTelevisa 18,060 67.50 $1,219,050 0.11% Merrill Lynch
16,529,000
02/28/00 AsianInfo 2,100 24.00 $50,400 0.04% Goldman Sachs 5,000,000
03/28/00 IC Bank 29,000 11.00 $319,000 0.21% Merrill Lynch 13,833,000
04/14/00 VCP ADR 42,300 15.00 $634,500 0.53% Merrill Lynch 7,920,000
Universal Institutional Equity Growth Portfolio
01/24/00 Regent Communications 500 8.50 $4,250 0.00% Prudential
16,000,000
01/27/00 Aspect Medical Systems 200 15.00 $3,000 0.01% Deutsche Bank
3,500,000
01/31/00 Quantum Effect Devices 300 16.00 $4,800 0.01%
Robertson Stephens 3,720,000
01/31/00 Sequenam 1,800 26.00 $46,800 0.03% Warburg (S.G.) 5,250,000
02/03/00 Therma Wave 1,700 20.00 $34,000 0.02% Lehman 9,000,000
02/03/00 Dobson Communications 10,500 22.00 $231,000 0.04% Montgomery
Securities 25,000,000
02/04/00 Antigenics 100 18.00 $1,800 0.00% Robertson
Stephens 3,500,000
02/10/00 Webmethods 400 35.00 $14,000 0.01% Merrill Lynch 4,100,000
02/10/00 Cypress Communications 500 17.00 $8,500 0.01% Bear
Stearns & Co.
10,000,000
02/11/00 Flag Telecom Holdings 4,000 24.00 $96,000 0.01% Goldman Sachs
31,680,000
02/14/00 Diversa Corp. 1,200 24.00 $28,800 0.02% Deutsche Bank
7,250,000
02/14/00 Savvis Communications 1,400 24.00 $33,600 0.01% Bear Sterns
17,000,000
02/17/00 Eloquent Inc. 100 16.00 $1,600 0.00% Piper Jaffrey 4,500,000
02/17/00 Doubleclick, Inc. 5,200 90.25 $469,300 0.07% Goldman Sachs
7,500,000
03/01/00 Palm Inc. 2,200 38.00 $83,600 0.01% Merrill Lynch 23,000,000
03/07/00 First World Com. 2,300 17.00 $39,100 0.02% Fidelity
Capital Mks 10,000,000
03/09/00 GT Group Telecom 4,800 14.00 $67,200 0.03% CIBC 18,000,000
03/13/00 Digitas 300 24.00 $7,200 0.00% Montgomery Securities 9,300,000
03/21/00 Aclara Biosciences 1,200 21.00 $25,200 0.01% Deutsche Bank
9,000,000
03/23/00 Via Systems 3,000 21.00 $63,000 0.01% Salomon Smith Barney
44,000,000
03/23/00 Silicon Laboratories 200 31.00 $6,200 0.01% Salomon
Smith Barney 3,200,000
03/27/00 ArtistDirect 200 12.00 $2,400 0.00% Deutsche Bank 5,000,000
03/27/00 Allos Therapeutics 100 18.00 $1,800 0.00% Piper Jaffrey
5,000,000
03/28/00 Intrabiotics Pharm. 3,600 15.00 $54,000 0.05% Deutsche Bank
7,500,000
03/30/00 Luminex 4,600 17.00 $78,200 0.10% Lehman Brothers 4,500,000
04/06/00 13 Mobile 600 16.00 $9,600 0.01% Deutsche Bank 5,100,000
04/26/00 AT & T Wireless 13,900 29.50 $410,050 0.00% Salomon
Smith Barney 360,000,000
Universal Institutional Mid Cap Growth Portfolio
02/01/00 Sequenom Industrial 100 26.00 $2,600 0.00% Warburg (S.G.)
5,000,000
02/04/00 Dobson Communications 100 22.00 $2,200 0.00% Lehman
Brothers 25,000,000
02/10/00 Digex 100 90.00 $9,000 0.00% Bear Stearns & Co. 11,000,000
02/11/00 Flag Telecom Holdings 100 24.00 $2,400 0.00% Salomon
Smith Barney 31,680,000
03/10/00 GT Group Telecom 200 14.00 $2,800 0.00% Salomon
Smith Barney 18,000,000
03/14/00 Digitas Inc. 100 24.00 $2,400 0.00% Montgomery
Securities 9,300,000
04/25/00 Time Warner Telecom 100 50.00 $5,000 0.00% Lehman
Brothers 15,290,000
Universal Institutional Mid Cap Value Portfolio
01/27/00 John Hancock Financial 30,800 17.00 $523,600 0.03% DLJ
102,000,000
02/03/00 Atmel Corp. 9,200 35.50 $326,600 0.05% Deutsche Bank
18,000,000
02/04/00 Dobson Communications 2,500 22.00 $55,000 0.01% Lehman
Brothers 25,000,000
02/11/00 Flag Telecom Holdings 2,100 24.00 $50,400 0.01% Salomon
Smith Barney 31,680,000
02/15/00 Savvis Communications 1,300 24.00 $31,200 0.01% Montgomery
Securities 17,000,000
02/24/00 Mastec Inc. 4,800 53.00 $254,400 0.19% Morgan Keegan
& Co. 2,500,000
03/03/00 UT Starcom 2,100 18.00 $37,800 0.02% Merrill Lynch
10,000,000
03/21/00 Diamond Tech Partners 4,400 80.12 $352,528 0.13% Friedman
B. Ramsey 3,275,000
03/24/00 Via Sytems 26,900 21.00 $564,900 0.06% Salomon
Smith Barney 44,000,000
03/24/00 Silicon Labs 300 31.00 $9,300 0.01% Lehman
Brothers 3,200,000
04/06/00 LTX Corp. 1,400 36.50 $51,100 0.06% Engleman
Securities,Inc 2,500,000
Universal Institutional Value Portfolio
04/05/00 Metlife, Inc. 31,400 14.25 $447,450 0.02%
Goldman Sachs 202,000,000
Universal Institutional Technology Portfolio
01/31/00 Sequenam 200 26.00 $5,200 0.00% Warburg (S.G.) 5,250,000
02/03/00 Therma Wave 200 20.00 $4,000 0.00% Montgomery
Securities 9,000,000
02/03/00 Dobson Communications 1,000 22.00 $22,000 0.00%
Salomon Smith Barney 25,000,000
02/10/00 Cypress Communications 100 17.00 $1,700 0.00%
Bear Sterns 10,000,000
02/11/00 Flag Telecom Holdings 500 24.00 $12,000 0.00%
Salomon Smith Barney 31,680,000
02/14/00 Diversa Corp. 100 24.00 $2,400 0.00% Bear Sterns 7,250,000
02/14/00 Savvis Communications 200 24.00 $4,800 0.00%
Montgomery Securities 17,000,000
02/17/00 Doubleclick 1,700 90.25 $153,425 0.02% Goldman
Sachs 7,500,000
03/01/00 Palm Inc. 400 38.00 $15,200 0.00% Deutsche Bank 5,000,000
03/07/00 First World Com. 500 17.00 $8,500 0.01% Fidelity
Capital Mkts 10,000,000
03/09/00 GT Group Telecom 1,100 14.00 $15,400 0.01% RBC Dominion
18,000,000
03/13/00 Digitas 100 24.00 $2,400 0.00% Montgomery Securities
9,300,000
03/16/00 Crayfish Ltd. 500 24.50 $12,250 0.01% Merrill Lynch
4,350,000
03/21/00 Aclara Biosciences 300 21.00 $6,300 0.00% Deutsche
Bank 9,000,000
03/23/00 Via Systems 900 21.00 $18,900 0.00% CSFB 44,000,000
03/27/00 ArtistDirect 100 12.00 $1,200 0.00% Bear Sterns 5,000,000
03/28/00 Intrabiotics Pharm. 1,200 15.00 $18,000 0.02% Deutsche
Bank 7,500,000
03/30/00 Luminex 1,400 17.00 $23,800 0.03% Warburg (S.G.) 4,500,000
04/06/00 13 Mobile 200 16.00 $3,200 0.00% Deutsche Bank 5,100,000
04/26/00 AT & T Wireless 11,300 29.50 $333,350 0.00% Salomon
Smith Barney 360,000,000
* All transactions were completed in accordance with Rule 10f-3 and
Board-approved Rule 10f-3 procedures.
