Company: CAF
Filing Date: 2025-03-06
Form Type: N-CSR
Source: 0001104659-25-021323
Chunk: 13

Company: Morgan Stanley China A Share Fund, Inc.
Filing Date: 2025-03-06
Form: N-CSR
Chunk 13
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75,434 |     | $        | 282 |

| Affiliated       
 Investment       
 Company (cont'd) |     | Realized    
 Gain (Loss) 
 (000)       |   |     | Change in      
 Unrealized     
 Appreciation   
 (Depreciation) 
 (000)          |   |     | Value        
 December 31, 
 2024         
 (000)        |     |
|:-----------------|:----|:------------|:--|:----|:---------------|:--|:----|:-------------|----:|
| Liquidity Fund   |     | $           | — |     | $              | — |     | $            | 718 |

The Fund is permitted to purchase and sell securities ("cross-trade") from and to other Morgan Stanley Funds as well as other funds and client accounts for which the Adviser or an affiliate of the Adviser serves as investment adviser, pursuant to procedures approved by the Directors in compliance with Rule 17a-7 under the Act (the "Rule"). As a result of a change in the Rule 2a-5 (aka the "Valuation Rule"), which impacts transactions under Rule 17a-7, a security is an eligible security for purposes of Rule 17a-7 only when there is a "readily available market quotation"for the security. The Fund's Rule 17a-7policy was amended effective September 8, 2022, to reflect the new requirements of Rule 2a-5. For the year ended December 31, 2024, the Fund did not engage in any cross-trade transactions. Each Director receives an annual retainer fee for serving as a Director of the Morgan Stanley Funds. The aggregate compensation paid to each Director is paid by the Morgan Stanley Funds, and is allocated on a pro rata basis among each of the operational funds of the Morgan Stanley Funds based on the relative net assets of each of the funds. The Fund also reimburses such Directors for travel and other out-of-pocket expenses incurred by them in connection with attending such meetings. The Fund has an unfunded Deferred Compensation Plan (the "Compensation Plan"), which allows each independent Director to defer payment of all, or a portion, of the fees he or she receives for serving on the Board of Directors. Each eligible Director generally may elect to have the deferred amounts credited with a return equal to the total return on one or more of the Morgan Stanley funds that are offered as investment options under the Compensation Plan.