Closed-end investment companies like Morgan Stanley Eastern Europe Fund, Inc. do not continuously offer shares to the public. Growth results from market appreciation or rights offerings, which benefit its shareholders. Regional funds like Morgan Stanley Eastern Europe Fund, Inc. are often used to change the impact of a particular country, or sector, in portfolio management.
The funds objective is long-term capital appreciation by investing in equity securities of Eastern European country issuers.  Management can influence the net asset value, but this is not of great concern to investors. Morgan Stanley Eastern Europe Fund, Inc. restricts management to investments that are expected to benefit from developments in the economy of Eastern European countries.
Due to the risks inherent in international investments generally and Eastern Europe in particular, the Fund should be considered as a vehicle for investing a portion of an investor’s assets in foreign securities markets and not as a complete investment program.
Eastern European countries' include Albania, Belarus, People's Republic of Bulgaria, Croatia, Czech Republic, Estonia, Republic of Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Republic of Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia and Ukraine. 
Wealth is shifting from the developed countries to the emerging, and frontier economies. Eastern European countries and their economies tend to be under-researched, and not so readily available to normal investors.
Morgan Stanley Eastern Europe Fund, Inc. distributes essentially all of its realized income, and capital gains to shareholders each year. Earnings may be retained automatically, the funds dividend reinvestment, and cash purchase plan.  When comparing the results of this closed-end company, to companies that retain earnings. Both securities should have all distributions reinvested and compounded, to compare results fairly.
Shares of Morgan Stanley Eastern Europe Fund, Inc. are traded on the New York Stock Exchange under the symbol “RME.” Other closed-end companies that invest in Eastern European economies include: MSF, and EMF.
Morgan Stanley Eastern Europe Fund, Inc., 1221 Avenue of the Americas, New York, New York 10020, (800) 221-6726.