MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
NSAR-A, 1999-10-28
Previous: AFC CABLE SYSTEMS INC, SC 13D/A, 1999-10-28
Next: AMVESCAP /LONDON/, 6-K, 1999-10-28



<PAGE>      PAGE  1
000 A000000 08/31/1999
000 C000000 0000913975
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 MSDW GLOBAL UTILITIES FUND
001 B000000 811-7119
001 C000000 2123921600
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 MORGAN STANLEY DEAN WITTER ADVISORS INC.
008 B000001 A
008 C000001 801-42061
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
012 A000001 MORGAN STANLEY DEAN WITTER TRUST FSB
012 B000001 84-1785
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07311
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 DEAN WITTER REYNOLDS INC.
014 B000001 8-14172
014 A000002 MORGAN STANLEY & CO., INCORPORATED
014 B000002 8-15869
<PAGE>      PAGE  2
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000  127
019 C000000 MSDW FUNDS
020 A000001 MORGAN STANLEY & CO. INC.
020 B000001 13-2655998
020 C000001     39
020 A000002 GOLDMAN SACHS AND CO.
020 B000002 13-5108880
020 C000002     34
020 A000003 WARBURG DILLON READ LLC
020 B000003 13-3873456
020 C000003     31
020 A000004 CS FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004     26
020 A000005 LEHAMAN BROTHERS INC.
020 B000005 13-2518466
020 C000005     21
020 A000006 SALOMON SMITH BARNEY INC.
020 B000006 13-1912900
020 C000006     19
020 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000007 13-5674085
020 C000007     19
020 A000008 DEUTSCHE BANK SECURITIES CORP.
020 B000008 13-2730828
020 C000008     17
020 A000009 CIBC OPPENHEIMER CORP.
020 B000009 13-5492430
020 C000009     14
020 A000010 SG COWEN SECURITIES CORP.
020 B000010 13-1976032
020 C000010     13
021  000000      359
022 A000001 BANC OF AMERICA SECURITIES LLC
022 B000001 56-2058405
022 C000001    987667
022 D000001      1005
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000002 13-5674085
022 C000002    886360
022 D000002      8190
022 A000003 BANK OF NEW YORK (THE)
022 B000003 13-5160382
<PAGE>      PAGE  3
022 C000003    511384
022 D000003         0
022 A000004 GOLDMAN SACHS & CO.
022 B000004 13-5108880
022 C000004    502133
022 D000004      1002
022 A000005 BANC ONE CAPITAL MARKETS, INC.
022 B000005 36-3595942
022 C000005    196584
022 D000005      9481
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006     44925
022 D000006     16223
022 A000007 CHASE (JAMES O.) SECURITIES, INC.
022 B000007 94-2530763
022 C000007     39954
022 D000007     14986
022 A000008 BARCLAYS CAPITAL GROUP
022 B000008 13-3551367
022 C000008     39951
022 D000008         0
022 A000009 LEHMAN BROTHERS INC.
022 B000009 13-8518466
022 C000009     21706
022 D000009     12703
022 A000010 MORGAN (J.P.) SECURITIES INC.
022 B000010 13-3224016
022 C000010     14774
022 D000010     11309
023 C000000    3288026
023 D000000     125714
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
<PAGE>      PAGE  4
028 A010000     18841
028 A020000       568
028 A030000         0
028 A040000     12976
028 B010000     21150
028 B020000         0
028 B030000         0
028 B040000     19505
028 C010000     24378
028 C020000         0
028 C030000         0
028 C040000     22509
028 D010000    245859
028 D020000     13763
028 D030000         0
028 D040000     15560
028 E010000     18359
028 E020000         0
028 E030000         0
028 E040000     27105
028 F010000     17775
028 F020000         0
028 F030000         0
028 F040000     20412
028 G010000    346362
028 G020000     14331
028 G030000         0
028 G040000    118067
028 H000000    346309
029  000000 Y
030 A000000     24
030 B000000  5.25
030 C000000  0.00
031 A000000      0
031 B000000      4
032  000000      0
033  000000     28
034  000000 Y
035  000000    337
036 A000000 N
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000 100
042 D000000   0
042 E000000   0
<PAGE>      PAGE  5
042 F000000   0
042 G000000   0
042 H000000   0
043  000000   3062
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.000
048 A010000   500000
048 A020000 0.650
048 B010000   500000
048 B020000 0.625
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000  1000000
048 K020000 0.600
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 N
<PAGE>      PAGE  6
055 A000000 N
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000     1000
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 Y
069  000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
<PAGE>      PAGE  7
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000    197582
071 B000000    145631
071 C000000    599243
071 D000000   24
072 A000000  6
072 B000000     1752
072 C000000     6662
072 D000000        0
072 E000000        0
072 F000000     2160
072 G000000        0
072 H000000        0
072 I000000      300
072 J000000       58
072 K000000        0
072 L000000       43
072 M000000        6
072 N000000       58
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000       29
072 S000000        9
072 T000000     3062
072 U000000       12
072 V000000        0
<PAGE>      PAGE  8
072 W000000        5
072 X000000     5742
072 Y000000        0
072 Z000000     2672
072AA000000    81968
072BB000000      189
072CC010000        0
072CC020000    72868
072DD010000     1310
072DD020000       13
072EE000000    14693
073 A010000   0.0000
073 A020000   0.0000
073 B000000   0.4460
073 C000000   0.0000
074 A000000       96
074 B000000        0
074 C000000    78196
074 D000000        0
074 E000000        0
074 F000000   699569
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     9833
074 K000000     1027
074 L000000     2368
074 M000000      141
074 N000000   791230
074 O000000        0
074 P000000     1129
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000     2745
074 S000000        0
074 T000000   787356
074 U010000    45093
074 U020000      467
074 V010000     0.00
074 V020000     0.00
074 W000000   0.0000
074 X000000    59697
074 Y000000        0
075 A000000        0
075 B000000   667290
076  000000     0.00
077 A000000 Y
077 B000000 N
077 C000000 N
<PAGE>      PAGE  9
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 Y
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
080 C000000        0
081 B000000   0
082 B000000        0
083 B000000        0
084 B000000        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
SIGNATURE   BARRY FINK
TITLE       VICE PRESIDENT


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
SEMI-ANNUAL FDS CLASS A
AUGUST 31, 1999
</LEGEND>
<CIK> 0000913975
<NAME> MSDW GLOBAL UTILITIES FUND - CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-29-2000
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                      610,284,611
<INVESTMENTS-AT-VALUE>                     777,765,085
<RECEIVABLES>                               13,227,892
<ASSETS-OTHER>                                 140,786
<OTHER-ITEMS-ASSETS>                            96,307
<TOTAL-ASSETS>                             791,230,070
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  (3,874,369)
<TOTAL-LIABILITIES>                        (3,874,369)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   536,388,524
<SHARES-COMMON-STOCK>                          509,111
<SHARES-COMMON-PRIOR>                          285,101
<ACCUMULATED-NII-CURRENT>                    1,724,952
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     81,766,112
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   167,476,113
<NET-ASSETS>                                 8,806,411
<DIVIDEND-INCOME>                            6,661,600
<INTEREST-INCOME>                            1,751,872
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (5,741,897)
<NET-INVESTMENT-INCOME>                      2,671,575
<REALIZED-GAINS-CURRENT>                    81,779,205
<APPREC-INCREASE-CURRENT>                 (72,867,586)
<NET-CHANGE-FROM-OPS>                       11,583,194
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (28,058)
<DISTRIBUTIONS-OF-GAINS>                     (137,468)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        104,751
<NUMBER-OF-SHARES-REDEEMED>                   (68,511)
<SHARES-REINVESTED>                              8,406
<NET-CHANGE-IN-ASSETS>                     238,140,879
<ACCUMULATED-NII-PRIOR>                        376,319
<ACCUMULATED-GAINS-PRIOR>                   14,679,454
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      (2,159,517)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (5,741,897)
<AVERAGE-NET-ASSETS>                         6,566,836
<PER-SHARE-NAV-BEGIN>                            17.16
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           0.56
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                       (0.45)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.30
<EXPENSE-RATIO>                                   1.05


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
SEMI-ANNUAL FDS CLASS B
AUGUST 31, 1999
</LEGEND>
<CIK> 0000913975
<NAME> MSDW GLOBAL UTILITIES FUND - CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-29-2000
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                      610,284,611
<INVESTMENTS-AT-VALUE>                     777,765,085
<RECEIVABLES>                               13,227,892
<ASSETS-OTHER>                                 140,786
<OTHER-ITEMS-ASSETS>                            96,307
<TOTAL-ASSETS>                             791,230,070
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  (3,874,369)
<TOTAL-LIABILITIES>                        (3,874,369)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   536,388,524
<SHARES-COMMON-STOCK>                       44,583,966
<SHARES-COMMON-PRIOR>                       31,534,740
<ACCUMULATED-NII-CURRENT>                    1,724,952
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     81,766,112
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   167,476,113
<NET-ASSETS>                               770,521,029
<DIVIDEND-INCOME>                            6,661,600
<INTEREST-INCOME>                            1,751,872
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (5,741,897)
<NET-INVESTMENT-INCOME>                      2,671,575
<REALIZED-GAINS-CURRENT>                    81,779,205
<APPREC-INCREASE-CURRENT>                 (72,867,586)
<NET-CHANGE-FROM-OPS>                       11,583,194
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,281,892)
<DISTRIBUTIONS-OF-GAINS>                  (14,411,310)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      6,522,540
<NUMBER-OF-SHARES-REDEEMED>                (6,477,560)
<SHARES-REINVESTED>                            778,335
<NET-CHANGE-IN-ASSETS>                     238,140,879
<ACCUMULATED-NII-PRIOR>                        376,319
<ACCUMULATED-GAINS-PRIOR>                   14,679,454
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      (2,159,517)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (5,741,897)
<AVERAGE-NET-ASSETS>                       655,072,418
<PER-SHARE-NAV-BEGIN>                            17.15
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           0.55
<PER-SHARE-DIVIDEND>                            (0.04)
<PER-SHARE-DISTRIBUTIONS>                       (0.45)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.28
<EXPENSE-RATIO>                                   1.72


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
SEMI-ANNUAL FDS CLASS C
AUGUST 31, 1999
</LEGEND>
<CIK> 0000913975
<NAME> MSDW GLOBAL UTILITIES FUND - CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-29-2000
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                      610,284,611
<INVESTMENTS-AT-VALUE>                     777,765,085
<RECEIVABLES>                               13,227,892
<ASSETS-OTHER>                                 140,786
<OTHER-ITEMS-ASSETS>                            96,307
<TOTAL-ASSETS>                             791,230,070
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  (3,874,369)
<TOTAL-LIABILITIES>                        (3,874,369)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   536,388,524
<SHARES-COMMON-STOCK>                          459,380
<SHARES-COMMON-PRIOR>                          198,209
<ACCUMULATED-NII-CURRENT>                    1,724,952
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     81,766,112
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   167,476,113
<NET-ASSETS>                                 7,900,628
<DIVIDEND-INCOME>                            6,661,600
<INTEREST-INCOME>                            1,751,872
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (5,741,897)
<NET-INVESTMENT-INCOME>                      2,671,575
<REALIZED-GAINS-CURRENT>                    81,779,205
<APPREC-INCREASE-CURRENT>                 (72,867,586)
<NET-CHANGE-FROM-OPS>                       11,583,194
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (12,062)
<DISTRIBUTIONS-OF-GAINS>                     (139,972)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        227,971
<NUMBER-OF-SHARES-REDEEMED>                   (51,031)
<SHARES-REINVESTED>                              7,908
<NET-CHANGE-IN-ASSETS>                     238,140,879
<ACCUMULATED-NII-PRIOR>                        376,319
<ACCUMULATED-GAINS-PRIOR>                   14,679,454
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      (2,159,517)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (5,741,897)
<AVERAGE-NET-ASSETS>                         5,506,422
<PER-SHARE-NAV-BEGIN>                            17.08
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                           0.55
<PER-SHARE-DIVIDEND>                            (0.04)
<PER-SHARE-DISTRIBUTIONS>                       (0.45)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.20
<EXPENSE-RATIO>                                   1.80


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
SEMI-ANNUAL FDS CLASS D
AUGUST 31, 1999
</LEGEND>
<CIK> 0000913975
<NAME> MSDW GLOBAL UTILITIES FUND - CLASS D

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          FEB-29-2000
<PERIOD-END>                               AUG-31-1999
<INVESTMENTS-AT-COST>                      610,284,611
<INVESTMENTS-AT-VALUE>                     777,765,085
<RECEIVABLES>                               13,227,892
<ASSETS-OTHER>                                 140,786
<OTHER-ITEMS-ASSETS>                            96,307
<TOTAL-ASSETS>                             791,230,070
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  (3,874,369)
<TOTAL-LIABILITIES>                        (3,874,369)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   536,388,524
<SHARES-COMMON-STOCK>                            7,370
<SHARES-COMMON-PRIOR>                            6,818
<ACCUMULATED-NII-CURRENT>                    1,724,952
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     81,766,112
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   167,476,113
<NET-ASSETS>                                   127,633
<DIVIDEND-INCOME>                            6,661,600
<INTEREST-INCOME>                            1,751,872
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (5,741,897)
<NET-INVESTMENT-INCOME>                      2,671,575
<REALIZED-GAINS-CURRENT>                    81,779,205
<APPREC-INCREASE-CURRENT>                 (72,867,586)
<NET-CHANGE-FROM-OPS>                       11,583,194
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (930)
<DISTRIBUTIONS-OF-GAINS>                       (3,797)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          2,946
<NUMBER-OF-SHARES-REDEEMED>                    (2,651)
<SHARES-REINVESTED>                                257
<NET-CHANGE-IN-ASSETS>                     238,140,879
<ACCUMULATED-NII-PRIOR>                        376,319
<ACCUMULATED-GAINS-PRIOR>                   14,679,454
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                      (2,159,517)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (5,741,897)
<AVERAGE-NET-ASSETS>                           144,036
<PER-SHARE-NAV-BEGIN>                            17.18
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                           0.55
<PER-SHARE-DIVIDEND>                            (0.12)
<PER-SHARE-DISTRIBUTIONS>                       (0.45)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.32
<EXPENSE-RATIO>                                   0.80


</TABLE>

ITEM 77M: Mergers

      Morgan Stanley Dean Witter Global Utilities Fund

      On  June 8, 1999 a Special Meeting of Shareholders  of
TCW/DW  Global Telecom Trust ("Global Telecom") was held  to
consider   and   vote  upon  an  Agreement   and   Plan   of
Reorganization  (the  "Reorganization Agreement  and  Plan")
between Global Telecom and Morgan Stanley Dean Witter Global
Utilities  Fund  ("Global  Utilities"),  pursuant  to  which
substantially all of the assets of Global Telecom  would  be
combined with those of Global Utilities and shareholders  of
Global Telecom would become shareholders of Global Utilities
receiving shares of Global Utilities with a value  equal  to
the  value of their holdings in Global Telecom.  On February
25,  1999,  the Board of Trustees unanimously  approved  the
Reorganization   Agreement,  and  on  June   8,   1999   the
Reorganization  Agreement  and  Plan  was  approved  by  the
affirmative  vote  of  a majority of the  shares  of  Global
Telecom  represented in person or by proxy and  entitled  to
vote at the meeting.

      On  June  28,  1999, the Reorganization  Plan  between
Global  Telecom and Global Utilities was completed according
to  the terms set forth above and in the Agreement and Plan.
On August 24, 1999, Global Telecom filed an application with
the  Commission  on  Form N8-F for an Order  declaring  that
Global Telecom has ceased to be an investment company, which
Order was issued on September 22, 1999.



<TABLE>
<CAPTION>
        EXHIBIT 77(O) MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
        10f-3 transactions for the period March 1, 1999 - August 31, 1999

<S>                              <C>        <C>     <C>        <C>      <C>           <C>         <C>

                                                                       TOTAL
                                                                       ISSUED/
                                 DATE       PRICE   SHARES     % of    PRINCIPAL       PURCHASED
SECURITY                         PURCHASED  SHARE   PURCHASED  Assets  AMOUNT          BY FUND     BROKER(S)
Azurix Corp.                     6/9/99     $19.00  75,000     0.201%  $695,400,000    0.205%      Merrill Lynch
Korea Telecom Corp.              5/26/99    $27.56  75,000     0.976%  $2,485,664,291  0.050%      Salomon Smith
                                                                                                    Barney

</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission