MS China A Share:CAF

    Overview

    As of 1/18/2019

     Share
    Price    		NAVPremium/
    Discount
    Current$19.53$22.25-12.22%
    52 Wk Avg$22.58$26.38-14.38%
    52 Wk High$27.71$31.20-7.07%
    52 Wk Low$17.73$20.65-18.09%
    Regular Distribution Type†Income Only
    Distribution Rate8.86%
    Distribution Amount$0.8792
    Distribution FrequencyAnnual
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks capital appreciation through investment in Chinese companies listed on the Shanghai and Shenzhen stock exchanges

    Capital Structure

    As of 1/18/2019

    Total Net Assets:$486.862M
    Total Common Assets:$486.862M
    Common Shares Outstanding:21,881,465
    Annual Expense Ratios

    As of 12/31/2018

      Per Common Share
    Management Fees1.49%
    Other Expenses:0.26%
    Baseline Expense: 1.75%
    Interest Expense:0.00%
    Total: 1.75%
    Fund Management

    Fund Sponsor
    Morgan Stanley Investment Management Inc

    Portfolio Managers
    Gary Cheung (30 Jan 2017) / May Yu (30 Jan 2017)

    Basics
    Category: Non-US/Other-Asia Equity
    Ticker: CAF
    NAV Ticker: XCAFX
    Average Daily Volume (shares): 157,000
    Average Daily Volume (USD): $3.630M
    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 1/18/2019

    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.

     to
    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 6/30/2018    		 -$0.0013
    Annualized Distribution Rate on NAV:
    As of 1/18/2019    		7.78%
    Total Return on NAV (12 months):
    As of 1/18/2019    		-19.08%
    Avg. UNII Per Share:
    As of 6/30/2018    		 $0.0512
    Total % Portfolio Effectively Leveraged:
    As of 1/18/2019     		0.00%

    Pricing Information

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

    As of 1/18/2019

    PeriodAvg Discount
    6 Month-14.82%
    1 Year-14.38%
    3 Year-15.60%
    5 Year-14.55%
    Z-Score

    As of 1/18/2019

    PeriodZStat
    3 Month1.90
    6 Month2.10
    1 Year1.10
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/18/2019
    Category: Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.96%4.07%4.26%1.28%
    2018-14.15%-17.65%-13.70%-14.88%
    201744.90%41.40%42.00%36.65%
    2016-11.03%-8.20%0.98%0.92%
    201513.35%7.21%0.81%1.16%
    201436.38%46.53%12.32%12.27%
    2013-0.53%8.80%2.56%4.12%
    201237.26%13.84%23.28%19.40%
    2011-28.06%-18.55%-24.48%-21.32%
    2010-4.87%-6.49%21.14%19.56%
    200974.24%79.77%60.97%62.87%
    2008-51.22%-63.73%-50.55%-53.66%
    200796.16%191.05%35.97%53.30%
    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 1/18/2019
    Category: Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2018    		45
    Asset Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2017 reported by Fund Sponsor

    Sector%Portfolio
    Industrials 19.93%
    Financials 18.90%
    Consumer Discretionary 18.81%
    Healthcare 15.31%
    Consumer Staples 10.81%
    Real Estate 6.22%
    Information Technology 5.85%
    Top Holdings

    As of 9/30/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    China Resources Sanjiu Medical & Pharmac$52.02M9.43%
    Industrial And Commercial Bank Of China$37.58M6.81%
    China Cyts Tours Holding Co., Ltd.$30.10M5.46%
    Shenzhen Airport Co Ltd$29.08M5.27%
    Qingdao Haier Co., Ltd.$24.16M4.38%
    Beijing Thunisoft Corporation Ltd$23.87M4.33%
    Shanghai Pharmaceutical Co Ltd H Shares$22.75M4.12%
    China Pacific Insurance Group$21.42M3.88%
    China Pacific Insurance Group$21.42M3.88%
    Focused Photonics (Hangzhou) Inc$16.80M3.04%
    China Construction Bank Corp$16.06M2.91%
    Country Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Country% Portfolio
    China 93.44%
    Hong Kong 1.06%

    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.

    485923-INV-AN-5/19

    Powered by Morningstar

    View Morningstar Notice and Disclaimer