MORGAN STANLEY's MS-P-P is an exchange-traded preferred stock in the Security Brokers, Dealers & Flotation Companies sector. At a recent price of $25.18, MS-P-P yields 6.45% on its $25 liquidation preference and 6.5% coupon. It trades at a premium of 0.7% to par. The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2027-10-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.