Morgan Stanley China A Share Fund (CAF) vs Saratoga Investment New (SAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Saratoga Investment New is the larger company by market cap ($239.8 million vs $235.6 million), about 1.0 times the size. On valuation, Morgan Stanley China A Share Fund trades at a lower trailing P/E (1.9x vs 15.2x for Saratoga Investment New).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | CAF | SAR |
|---|---|---|
| Share price | $17.64 | $14.91 |
| Market cap | $235.56M | $239.77M |
| 1-day change | -0.45% | -5.69% |
| YTD return | — | -35.37% |
| 1-year return | — | -36.15% |
| 5-year return | — | -49.20% |
| P/E ratio (TTM) | 1.93 | 15.21 |
| Forward P/E | — | 7.31 |
| EPS (TTM) | $9.12 | $0.98 |
| Dividend yield | 1.49% | 18.98% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $21.41 | $24.07 |
| 52-week low | $15.60 | $13.78 |
| Distance from 52-week high | -17.61% | -38.06% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +42.19% |
| Average volume | 15.39K | 167.94K |
| Shares outstanding | 13.35M | 16.08M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Saratoga Investment New trades at a higher earnings multiple (15.2x vs 1.9x trailing P/E).
- Saratoga Investment New offers a meaningfully higher dividend yield (18.98% vs 1.49%).
About Morgan Stanley China A Share Fund
CAF stock →Morgan Stanley China A Share Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc.
Financial Services · Asset Management
About Saratoga Investment New
SAR stock →Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.
Financial Services · Asset Management
CAF vs SAR FAQ
Which is bigger, Morgan Stanley China A Share Fund or Saratoga Investment New?
Saratoga Investment New (SAR) is larger, with a market capitalization of $239.77M compared with $235.56M for Morgan Stanley China A Share Fund (CAF).
Which has the lower P/E ratio, CAF or SAR?
CAF has the lower trailing P/E at 1.9, versus 15.2 for SAR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Morgan Stanley China A Share Fund or Saratoga Investment New?
Saratoga Investment New has the higher yield at 18.98%, compared with 1.49% for Morgan Stanley China A Share Fund.
Are Morgan Stanley China A Share Fund and Saratoga Investment New in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.