Somewhat Positive News Coverage Somewhat Unlikely to Affect Morgan Stanley China A Share Fund (CAF) Share Price
News coverage about Morgan Stanley China A Share Fund (NYSE:CAF) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Morgan Stanley China A Share Fund earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 43.286735531276 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Morgan Stanley China A Share Fund (CAF) traded down $0.33 during midday trading on Thursday, reaching $25.43. The company had a trading volume of 132,100 shares, compared to its average volume of 363,100. Morgan Stanley China A Share Fund has a 1 year low of $17.30 and a 1 year high of $26.47.
The business also recently declared a special dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 22nd were given a dividend of $0.3504 per share. The ex-dividend date was Thursday, December 21st.
About Morgan Stanley China A Share Fund
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, approximately 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.
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