Yesterday, Standard & Poor's announced that Morgan Stanley Funds Plc US Dollar Enhanced Yield Fund was Rated AAf by the NRSRO. The "offshore", "enhanced cash", and non-money fund is "`an open-ended investment company domiciled in Ireland" and portfolio holdings consist of "money market instruments, U.S. treasury and agency securities, agency MBS, ABS, investment-grade corporate debt, and treasury futures to hedge interest rate exposure and duration".