Morgan Stanley China A Share:CAF

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    Overview

    As of 4/11/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$12.02$14.51-17.16%
    52 Wk Avg$12.62$15.37-17.80%
    52 Wk High$14.30$17.69-8.19%
    52 Wk Low$11.63$13.88-20.93%
    Regular Distribution TypeIncome Only
    Distribution Rate1.01%
    Distribution Amount$0.1219
    Distribution FrequencyAnnually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's investment objective is to seek capital growth.The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.

    Capital Structure

    As of 4/11/2024

    Total Investment Exposure:$254.383M
    Total Common Assets:$254.383M
    Common Shares Outstanding:17,531,554
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.38%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.67%
    Fund Management

    Fund Sponsor
    Morgan Stanley

    Portfolio Managers
    Amay Hattangadi, Gary Cheung

    Basics
    Category: Equity-Asia Equity
    Ticker: CAF
    NAV Ticker: XCAFX
    Average Daily Volume (shares): 43,364
    Average Daily Volume (USD): $0.545M
    Inception Date: 9/28/2006
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 4/11/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2023
    $0.1642
    Annualized Distribution Rate on NAV:
    As of 4/11/2024
    0.84%
    Total Return on NAV (12 months):
    As of 4/11/2024
    -15.05%
    Total % Portfolio Effectively Leveraged:
    As of 4/11/2024
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/12/2024

    PeriodAvg Discount
    6 Month-16.37%
    1 Year-17.80%
    3 Year-14.96%
    5 Year-14.60%
    Z-Score

    As of 4/11/2024

    PeriodZStat
    3 Month-0.73
    6 Month-0.25
    1 Year0.24
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2024
    Category: Morningstar US CEF Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-5.49%-2.22%5.49%3.51%
    2023-9.39%-12.15%10.74%9.26%
    2022-30.41%-26.19%-23.26%-21.26%
    2021-1.84%-2.55%5.48%3.84%
    202012.60%11.32%22.86%21.82%
    201923.47%18.90%19.77%17.57%
    2018-14.15%-17.65%-13.67%-15.54%
    201744.90%41.40%41.49%33.70%
    2016-11.03%-8.20%4.08%4.04%
    201513.35%7.21%-6.16%-4.97%
    201436.38%46.53%9.13%9.11%
    2013-0.53%8.80%3.25%9.20%
    201237.26%13.35%25.05%20.66%
    2011-28.06%-18.20%  
    2010-4.78%-6.49%  
    200974.24%79.77%  
    2008-51.01%-63.73%  
    200796.16%192.94%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/31/2024
    Category: Morningstar US CEF Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2023
    30
    Annual Portfolio Turnover:
    As of 12/31/2023
    16.00%
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Cyclical (Super Sector)38.84%
    Defensive (Super Sector)38.68%
    Financial Services22.58%
    Consumer Defensive17.03%
    Sensitive (Super Sector)16.52%
    Consumer Cyclical14.73%
    Healthcare14.44%
    Industrials11.49%
    Utilities7.20%
    Cash Equivalents (Super Sector)5.96%
    Top Holdings

    As of 12/31/2023

    HoldingValue% Portfolio
    Kweichow Moutai Co Ltd Class A$26.93M8.34%
    China Yangtze Power Co Ltd Class A$23.26M7.20%
    Gree Electric Appliances Inc of Zhuhai Class A$21.86M6.77%
    China Merchants Bank Co Ltd Class A$21.38M6.62%
    Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A$18.16M5.62%
    China Construction Bank Corp Class A$16.38M5.07%
    Postal Savings Bank Of China Co Ltd Class A$15.84M4.90%
    Industrial And Commercial Bank Of China Ltd Class A$14.86M4.60%
    China State Construction Engineering Corp Ltd Class A$14.20M4.40%
    Proya Cosmetics Co Ltd Class A$12.97M4.02%
    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    China - Equity94.04%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W