Morgan Stanley China A Share Fund (CAF) : Thomas J. Herzfeld Advisors reduced its stake in Morgan Stanley China A Share Fund by 1.67% during the most recent quarter end. The investment management company now holds a total of 140,464 shares of Morgan Stanley China A Share Fund which is valued at $2,585,942 after selling 2,390 shares in Morgan Stanley China A Share Fund , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Morgan Stanley China A Share Fund makes up approximately 1.31% of Thomas J. Herzfeld Advisors’s portfolio.
Other Hedge Funds, Including , Tfs Capital sold out all of its stake in CAF during the most recent quarter. The investment firm sold 16,298 shares of CAF which is valued $300,046. Massmutual Trust Co Fsbadv added CAF to its portfolio by purchasing 9 company shares during the most recent quarter which is valued at $166. Integrated Wealth Management sold out all of its stake in CAF during the most recent quarter. The investment firm sold 228 shares of CAF which is valued $4,163.
The Morgan Stanley China A Share Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek capital growth 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. The Fund invests in automobiles; banks; construction and engineering; food and staples retailing; health care providers and services; hotels restaurants and leisure; insurance; metals and mining; media; oil gas and consumable fuels; pharmaceuticals; real estate management and development; software; specialty retail; textiles apparel and luxury goods and transportation infrastructure among others. The Fund’s investment adviser is Morgan Stanley Investment Management Inc. and Morgan Stanley Investment Management Company is the Sub-Adviser.