Morgan Stanley China A Share Fund

CAF

Market cap $275M

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management announced today that, effective July 1, 2025, the annual advisory fee of Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) will be reduced from an annual fee equal to 1.25% to an annual fee equal to 1.15% of the Fund's average weekly net assets. In addition, the requirements of the Fund's conditional tender offer announced on June 10, 2022 have not been met. Accordingly, the Fund will not be conducting a tender offer.

NEW YORK--(BUSINESS WIRE)--Effective immediately, Amay Hattangadi serves as the sole portfolio manager to the Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) and is primarily responsible for the day-to-day management of the Fund's portfolio. About Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.7 trillion in assets under management or.

NEW YORK--(BUSINESS WIRE)--The Morgan Stanley China A Share Fund, Inc. (the “Fund”) today declared the following dividend. RECORD DATE PAYABLE DATE 12/13/24 12/27/24   Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley China A Share Fund, Inc. CAF $0.327162 The amount of net investment income to be paid by the Fund is determined in accordance with federal income tax regulations. It is possible that all or a portion of the Fund's fiscal year 2024 dividend may be a.

Morgan Stanley China A Share Fund is trading at a discount to NAV of 18.68%, therefore offering exposure to A-shares at a reasonable price. Its net expense ratio of 1.67% is high compared to ETFs but in line with other actively managed funds. As CAF only invests in A-shares, it can't take advantage of the wide valuation gap between A-shares and H-shares, which is a concern.

The Shenzhen A shares index, a bellwether of mainland Chinese equities, is down 32 percent from its 2-year high set in February of last year. China's demographic problems begin and end with its dependency ratio - the number of retirees relative to the working population.

Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroeconomic conditions are making it easier for Chinese companies to pay dividends. Given the risks, we think an active investing approach is especially important when investing in high-dividend Chinese stocks.

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

NEW YORK--(BUSINESS WIRE)--Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) announced today that, in accordance with the Fund's tender offer for up to 4,342,176 of its issued and outstanding shares of common stock, which expired at 11:59 p.m. New York time on February 20, 2024, the Fund has accepted 4,342,176 shares for payment on February 21, 2024 at $14.5386 per share, which is equal to 98.5 percent of the Fund's net asset value per share as of the close of regular trading on.

NEW YORK--(BUSINESS WIRE)--Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) announced today that the Fund's tender offer for 4,342,176 of its issued and outstanding shares of common stock, representing approximately 20 percent of the Fund's outstanding shares, expired at 11:59 p.m., New York time on February 20, 2024. Based upon current information, approximately 18,010,696 shares were tendered. Based on this preliminary information, the pro-ration for each tendering stockholder.

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.