Morgan Stanley China A Share Fund (CAF) vs Templeton Dragon Fund (TDF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Templeton Dragon Fund is the larger company by market cap ($238.6 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 6.2x for Templeton Dragon Fund). Templeton Dragon Fund pays a dividend yielding 4.73%, while Morgan Stanley China A Share Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | CAF | TDF |
|---|---|---|
| Share price | $17.64 | $9.52 |
| Market cap | $235.56M | $238.60M |
| 1-day change | -0.45% | -0.57% |
| P/E ratio (TTM) | 1.93 | 6.18 |
| EPS (TTM) | $9.12 | $1.54 |
| Dividend yield | 1.49% | 4.73% |
| Annual dividend | $0.00 | $0.45 |
| 52-week high | $21.41 | $12.20 |
| 52-week low | $15.60 | $9.40 |
| Distance from 52-week high | -17.61% | -22.01% |
| Average volume | 15.39K | 49.56K |
| Shares outstanding | 13.35M | 25.08M |
| 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
- Templeton Dragon Fund trades at a higher earnings multiple (6.2x vs 1.9x trailing P/E).
- Templeton Dragon Fund offers a meaningfully higher dividend yield (4.73% 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 Templeton Dragon Fund
TDF stock →Templeton Dragon Fund, Inc. is a closed ended equity mutual fund launched by Franklin Resources, Inc.
Financial Services · Asset Management
CAF vs TDF FAQ
Which is bigger, Morgan Stanley China A Share Fund or Templeton Dragon Fund?
Templeton Dragon Fund (TDF) is larger, with a market capitalization of $238.60M compared with $235.56M for Morgan Stanley China A Share Fund (CAF).
Which has the lower P/E ratio, CAF or TDF?
CAF has the lower trailing P/E at 1.9, versus 6.2 for TDF. 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 Templeton Dragon Fund?
Templeton Dragon Fund has the higher yield at 4.73%, compared with 1.49% for Morgan Stanley China A Share Fund.
Are Morgan Stanley China A Share Fund and Templeton Dragon Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.