CONSENT OF INDEPENDENT AUDITORS



We consent to the use and incorporation by reference in the Proxy Statement and
Prospectus and the Statement of Additional Information constituting parts of
this Registration Statement No. 333-90938 on Form N-14 ("N-14 Registration
Statement") of our report dated June 10, 2002 for Morgan Stanley Limited
Duration Fund relating to the April 30, 2002 financial statements appearing in
the 2002 Annual Report to Shareholders of Morgan Stanley Limited Duration Fund
and our report dated December 11, 2001 for Morgan Stanley North American
Government Income Trust relating to the October 31, 2001 financial statements
appearing in the 2001 Annual Report to Shareholders of Morgan Stanley North
American Government Income Trust, which accompany and are incorporated by
reference in the N-14 Registration Statement. We also consent to the references
to us under the heading "Financial Statements and Experts" in such Proxy
Statement and Prospectus. We also consent to the references to us under the
headings "Financial Highlights," "Custodian and Independent Auditors" and
"Experts" in each Fund's Prospectus and Statement of Additional Information
dated June 28, 2002 for Morgan Stanley Limited Duration Fund and December 31,
2001 for Morgan Stanley North American Government Income Trust, all of which
accompany the N-14 Registration Statement.




Deloitte & Touche LLP
New York, New York
July 12, 2002