1607 Capital Partners Holds 9.9% Stake in Morgan Stanley China A Fund
Ticker: CAF · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 1368493
| Field | Detail |
|---|---|
| Company | Morgan Stanley China A Share Fund, Inc. (CAF) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, closed-end-fund
TL;DR
**1607 Capital Partners still owns 9.9% of Morgan Stanley China A Share Fund, showing continued institutional interest.**
AI Summary
1607 Capital Partners, LLC, a Delaware-based investment firm, filed an amended SC 13G/A on February 8, 2024, disclosing its beneficial ownership in Morgan Stanley China A Share Fund, Inc. As of December 31, 2023, 1607 Capital Partners, LLC held sole voting and dispositive power over 1,341,937 shares, representing 9.9% of the fund's "Closed End Mutual Fund" class of securities. This filing indicates a significant, though slightly reduced, stake, which matters to investors as it shows a major institutional investor's continued, albeit potentially adjusted, confidence in the fund.
Why It Matters
This filing reveals a major institutional investor's current stake, offering insight into their conviction and potentially influencing other investors' perceptions of the fund's value.
Risk Assessment
Risk Level: low — This filing is a routine update on an existing significant ownership stake, not indicating any immediate high-risk events.
Analyst Insight
Investors should note that a significant institutional holder like 1607 Capital Partners, LLC continues to hold a substantial stake, which could be seen as a vote of confidence, but also monitor future filings for any significant changes in their ownership percentage.
Key Numbers
- 1,341,937 — Shares Beneficially Owned (Represents the total number of shares 1607 Capital Partners, LLC has sole voting and dispositive power over.)
- 9.9% — Percentage of Class Owned (Indicates the significant portion of Morgan Stanley China A Share Fund, Inc. owned by 1607 Capital Partners, LLC.)
- 617468103 — CUSIP Number (Unique identifier for the 'Closed End Mutual Fund' class of securities.)
Key Players & Entities
- 1607 Capital Partners, LLC (company) — the reporting person and beneficial owner
- Morgan Stanley China A Share Fund, Inc. (company) — the issuer of the securities
- Delaware (company) — place of organization for 1607 Capital Partners, LLC
- December 31, 2023 (date) — date of event requiring the filing
- February 8, 2024 (date) — date the filing was made
Forward-Looking Statements
- 1607 Capital Partners, LLC will maintain a significant, but potentially fluctuating, stake in Morgan Stanley China A Share Fund, Inc. throughout 2024. (1607 Capital Partners, LLC) — medium confidence, target: December 31, 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment (Amendment No. 5) to a Schedule 13G, indicating an update to the beneficial ownership information of 1607 Capital Partners, LLC in Morgan Stanley China A Share Fund, Inc. as of December 31, 2023, filed under Rule 13d-1(b).
Who is the reporting person in this filing and what is their place of organization?
The reporting person is 1607 Capital Partners, LLC, and its place of organization is Delaware, United States, as stated on page 2 of the filing.
How many shares of Morgan Stanley China A Share Fund, Inc. does 1607 Capital Partners, LLC beneficially own?
As of December 31, 2023, 1607 Capital Partners, LLC beneficially owns 1,341,937 shares of Morgan Stanley China A Share Fund, Inc., with sole voting and sole dispositive power over these shares, as detailed on page 2 of the filing.
What percentage of the class of securities does 1607 Capital Partners, LLC own?
1607 Capital Partners, LLC beneficially owns 9.9% of the 'Closed End Mutual Fund' class of securities of Morgan Stanley China A Share Fund, Inc., according to 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 specified on the cover page of the SC 13G/A filing.
Filing Stats: 940 words · 4 min read · ~3 pages · Grade level 9.1 · Accepted 2024-02-08 13:17:42
Filing Documents
- caf-123123a5.htm (SC 13G/A) — 51KB
- 0001172661-24-000554.txt ( ) — 53KB
(a)Name of Issuer
Item 1. (a)Name of Issuer Morgan Stanley China A Share Fund, Inc. (b)Address of Issuer’s Principal Executive Offices 522 Fifth Avenue New York, NY 10036
(a)Name of Person Filing
Item 2. (a)Name of Person Filing 1607 Capital Partners, LLC (b)Address of Principal Business Office, or, if none, Residence 13 S. 13th Street, Suite 400 Richmond, Virginia 23219 (c)Citizenship Please refer to Item 4 on each cover sheet for each filing person (d)Title of Class of Securities Closed End Mutual Fund (e) CUSIP No.: 617468103 CUSIP No. 617468103 SCHEDULE 13G/A Page 4 of 6 Pages
If
Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 617468103 SCHEDULE 13G/A Page 5 of 6 Pages 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: 1,341,937 (b) Percent of class: 6.2% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,341,937 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,341,937 (iv) Shared power to dispose or to direct the disposition of: 0 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 t