CEF Advisors

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Morgan Stanley China A Share Fund (CAF)

Non U.S. Equity Funds - Asian Equity Funds

Data as of Feb. 23, 2021
Market Price $22.43 (- $0.22)
NAV (Feb. 23, 2021) $26.19 (- $0.01)
Premium / Discount -14.36% (-0.81%)
Fund Info
Inception Oct. 6, 2006
Sponsor Morgan Stanley Investment Management
Website www.morganstanley.com/...
Phone 1 (800) 231-2608
Location New York
Incorporated Maryland
Staggered Board Yes
Objective: Capital growth; A- shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges
Related Indexes
12 Major CEF Sectors Index
International Equity Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 21,881,465
Total Assets (Reported: June 30, 2020) $523M
Estimated Total Assets $573M
Net Assets $573M
Market Cap $491M
Portfolio Turnover 62.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.75%
Non Lev Exp Ratio 1.75%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -14.08%
Discount Low(3 Yr) -24.41%
Discount High(3 Yr) -7.07%
Discount Rel Range 57.97%
Comp Discount -2.40
Discount St Dev (1Yr) 2.05
Z-Stat (6mo) 0.66
Z-Stat (1Yr) 1.15
Z-Stat (3Yr) -0.10
Comp Z-Stat (6mo) -0.25
Comp Z-Stat (3Yr) -0.55
Distribution Data
Market Yield 10.27%
Income Yield 1.03%
Lev Adj NAV Yield 8.80%
Distribution Frequency A
Current Distribution $2.305
Current Income $0.232
Ex-Date 12/17/20
Payable Date 12/29/20
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/8/21
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $1,531
Avg Volume 30 day 64,010
Avg Volume 90 day 68,246
Volume Trend -6.21%
Comp Volume Trend 8.25%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's International Equity Index
Most Correlated Peer (Mk Pr): TDF 84.0%
NAV - Price Correlation (30 d) 89.9%
NAV - Price Correlation (90 d) 90.3%
NAV - Price Correlation (1 Yr) 96.6%
Price St Dev (1Yr) 28.1%
NAV St Dev (1Yr) 22.6%
Earnings / Share (6/30/20) $0.214
Earn Coverage 9.29%
Earnings Trend Up
UNII / Share (6/30/20) $0.176
Rel UNII 75.75
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's International Equity Index


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

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