Allspring Global Investments Updates Passive Stake in Morgan Stanley China A Share Fund
Ticker: CAF · Form: SC 13G/A · Filed: Jan 12, 2024 · CIK: 1368493
| Field | Detail |
|---|---|
| Company | Morgan Stanley China A Share Fund, Inc. (CAF) |
| Form Type | SC 13G/A |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Allspring Global Investments just updated its passive stake in Morgan Stanley China A Share Fund.**
AI Summary
Allspring Global Investments Holdings, LLC filed an amended SC 13G/A on January 12, 2024, indicating their ownership of common stock in Morgan Stanley China A Share Fund, Inc. as of December 31, 2023. This filing, an Amendment No. 3, updates their previous disclosures regarding their passive investment in the fund. This matters to investors because it provides transparency into significant institutional ownership, which can influence stock stability and investor confidence in the Morgan Stanley China A Share Fund.
Why It Matters
This filing shows that a major institutional investor, Allspring Global Investments, continues to hold a significant, albeit passive, stake in the Morgan Stanley China A Share Fund, which can signal stability or a lack of immediate activist intent.
Risk Assessment
Risk Level: low — This filing is an amendment to a passive ownership report, indicating no immediate change in control or activist intent, thus posing low risk.
Analyst Insight
Investors should note that Allspring Global Investments continues to hold a passive stake, suggesting no immediate activist pressure or significant change in their investment thesis for Morgan Stanley China A Share Fund, Inc. This provides a degree of institutional stability.
Key Numbers
- Amendment No. 3 — Amendment Number (Indicates this is the third update to Allspring's Schedule 13G filing for Morgan Stanley China A Share Fund, Inc.)
- 005-82786 — SEC File Number (The unique identifier for Morgan Stanley China A Share Fund, Inc.'s registration with the SEC.)
Key Players & Entities
- Allspring Global Investments Holdings, LLC (company) — the reporting person filing the SC 13G/A
- Morgan Stanley China A Share Fund, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 12, 2024 (date) — the filing date of the SC 13G/A
- 617468103 (number) — the CUSIP number for the common stock
Forward-Looking Statements
- Allspring Global Investments will maintain a passive investment strategy in Morgan Stanley China A Share Fund, Inc. (Allspring Global Investments Holdings, LLC) — high confidence, target: Next 12 months
FAQ
Who filed this SC 13G/A amendment?
Allspring Global Investments Holdings, LLC filed this SC 13G/A amendment, as indicated in the 'FILED BY' section of the filing.
What is the subject company of this filing?
The subject company is Morgan Stanley China A Share Fund, Inc., as stated under 'SUBJECT COMPANY' and 'Name of Issuer' in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
What type of securities are being reported in this filing?
The filing reports on 'COM' (Common Stock) of the Morgan Stanley China A Share Fund, Inc., as specified under 'Title of Class of Securities'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' in the filing.
Filing Stats: 1,555 words · 6 min read · ~5 pages · Grade level 8.3 · Accepted 2024-01-12 07:18:08
Filing Documents
- MorganStanChina_20231231.htm (SC 13G/A) — 27KB
- 0001890906-24-000058.txt ( ) — 29KB
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: (i) AGIH: 3,737,912 (ii) AGI: 3,737,912 (ii) AFM: 0 (b) Percent of class: (i) AGIH: 17.08% (ii) AGI: 17.08% (ii) AFM: 0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote (1) AGIH: 3,729,086 (2) AGI: 3,729,086 (3) AFM: 0 (ii) Shared power to vote or to direct the vote (1) AGIH: 0 (2) AGI: 0 (3) AFM: 0 (iii) Sole power to dispose or to direct the disposition of (1) AGIH: 3,737,912 (2) AGI: 3,737,912 (3) AFM: 0 (iv) Shared power to dispose or to direct the disposition of (1) AGIH: 0 (2) AGI: 0 (3) AFM: 0
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following[ ].
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 10, 2024 Date /s/ Amy Stueve Signature Amy Stueve, Designated Signer Name/Title Exhibit A EXPLANATORY NOTE Exhibit B JOINT FILING AGREEMENT The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: January 10, 2024 Allspring Global Investments Holdings, LLC By: /s/ Amy Stueve Amy Stueve, Designated Signer Allspring Global Investments, LLC By: /s/ Amy Stueve Amy Stueve, Vice President Allspring Funds Management, LLC By: /s/ Amy Stueve Amy Stueve, Designated Signer Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)