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Public snapshot

CAF Income Quality Score

Morgan Stanley China A Share Fund Inc. (CAF) has an Income Quality Score of 49/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

Morgan Stanley China A Share Fund Inc. (CAF) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of July 31, 2026Lookback: 10-year
Long-term focused10-year income and total-return analysis
Data-drivenObjective scoring across 5 quality, distribution and risk signals
Clear classificationFriends to own. Foes to avoid.
IQ Score
49/100
Question MarkHigh confidence
Asset Type
CEF
Exchange
NYSE
Trailing Yield (TTM)
Not published
No normalized trailing yield is published for closed-end funds in this snapshot.
Rank in CEF Universe
202 of 358
Lookback
10-year
Data as of
July 31, 2026
How the IQ Score works →
About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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CAFMorgan Stanley China A Share Fund Inc.
49Question MarkHigh confidence
Snapshot
2026-07
Data as of
2026-07-31
Lookback
10-year
Asset type
Closed-End Fund

IQ Score History

6535FRIENDQUESTION MARKFOE050100Methodology updatedMethodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-072026-072026-07-17 · 53.5 · Question Mark · Published Snapshot History · iq-4class-v12026-07-20 · 54.2 · Question Mark · Published Snapshot History · iq-4class-v12026-07-21 · 57.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-22 · 57.6 · Question Mark · Published Snapshot History · iq-4class-v12026-07-23 · 57.5 · Question Mark · Published Snapshot History · iq-4class-v12026-07-24 · 57.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-27 · 57.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-28 · 56.5 · Question Mark · Published Snapshot History · iq-4class-v12026-07-29 · 56.4 · Question Mark · Published Snapshot History · iq-4class-v12026-07-30 · 56.3 · Question Mark · Published Snapshot History · iq-4class-v12026-07-31 · 48.5 · Question Mark · Published Snapshot History · iq-4class-v3-direct-dist6535FRIENDQUESTION MARKFOE050100Methodology updated on 2026-07-31 (iq-4class-v1 → iq-4class-v3-direct-dist)2026-072026-07

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage
27/100
Working Capital Preservation
63/100
Distribution Cut Score
10/100
Distribution Trend
30/100
NAV CAGR
100/100

What is working

  • Working capital preserved over time
  • Stable NAV over available history

What to watch

  • Distributions exceed long-term total return
  • 3+ years with a material annual distribution decline
  • Distributions declining year-over-year

Flags & gates

  • Chronic Dist Cuts

Distribution Safety

8Years raised
4Years cut
19Years of data
CutCurrent trend

High confidence (10-year history)

  1. 20079.6026Held
  2. 20085.8583Lower total
  3. 20094.2627Lower total
  4. 20101.723Lower total
  5. 20110.3672Lower total
  6. 20122.039Raised
  7. 20130.1123Lower total
  8. 20141.7176Raised
  9. 201513.3449Raised
  10. 20160.7968Lower total
  11. 20171.2166Raised
  12. 20181.7302Raised
  13. 20190.8207Cut
  14. 20202.3045Raised
  15. 20211.34Cut
  16. 20220.0027Cut
  17. 20230.1219Raised
  18. 20240.3272Raised
  19. 20250.2629Cut

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

The IQ Score is a research classification of historical income quality. It is not investment advice, not a recommendation and not a prediction of future returns.

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