# Morgan Stanley China A Share Fund Inc. (CAF): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/caf for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Morgan Stanley · Asset class: Equity - Strategy: Thematic · Inception: 2006-09-28 Morgan Stanley China A Share Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the growth stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Morgan Stanley Capital International... ## Key Facts | Metric | Value | |---|---| | Price | $16.25 | | Expense Ratio | 1.52% | | Assets Under Management | $276.9M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 1.62% | | Annual Distribution (TTM) | $0.26 /share | | Distribution Frequency | Annual | | 52-Week Range | $15.60 – $21.41 | | Beta | 0.38 | ## Latest Distribution - Amount: $0.2630 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does CAF invest in? Morgan Stanley China A Share Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the growth stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Morgan Stanley Capital International China A Share Index. Morgan Stanley China A Share Fund, Inc. was formed on July 6, 2006 and is domiciled in the United States. ### What is the expense ratio of CAF? Morgan Stanley China A Share Fund Inc. (CAF) charges an expense ratio of 1.52%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CAF? Morgan Stanley China A Share Fund Inc. (CAF) manages $276.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CAF actively managed or an index fund? CAF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CAF launched? Morgan Stanley China A Share Fund Inc. (CAF) launched in September 2006 and is managed by Morgan Stanley. ### How has CAF performed? CAF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CAF pay a dividend? Morgan Stanley China A Share Fund Inc. (CAF) currently distributes little or no income. Trailing-twelve-month yield is 1.62%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CAF pay dividends? Morgan Stanley China A Share Fund Inc. pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CAF's dividend yield? CAF's trailing-twelve-month yield is 1.62%, calculated from the sum of dividends over the past year divided by the current price. ### When is CAF's next ex-dividend date? The most recently announced ex-dividend date for CAF was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CAF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.52% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CAF charge its expense ratio? The expense ratio is deducted in tiny daily slices from CAF's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CAF cost more than a fund like VOO? CAF's strategy (current expense ratio 1.52%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CAF sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CAF? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CAF (1.52%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/caf - Distribution history: https://www.dividenddata.com/funds/caf/dividend - Holdings & diversification: https://www.dividenddata.com/funds/caf/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/caf/expenses - Peer comparison: https://www.dividenddata.com/funds/caf/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.