Commonwealth Africa Fund (CAFRX) Fund Details & Analysis

Fund Information

Fund Category Miscellaneous Region

Fund Family Commonwealth Intl Series Tr

Fund Style Large

ISIN US2030425027

CUSIP 203042502

Inception Date 2011-11-07

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $7.26 Million

Share Class Net Assets $7.26 Million

Expense Ratio 1.75%

Expense Ratio Date 2026-02-28

Dividend Yield 0.04%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 4.32%

1-Year Return 23.75%

3-Year Return 24.70%

5-Year Return 10.78%

NAV $12.08

Previous Close Price $12.04

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.04%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Commonwealth Africa Fund

Under normal market conditions, the fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, African issuers that are tied economically to Africa.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 6050.09%

Giant 0.00%

Large 32.70%

Medium 27.31%

Micro 10.80%

Small 24.54%

Value & Growth Metrics

Book-Value Growth % 4.61%

Cash-Flow Growth % 11.76%

Dividend Yield % 4.49%

Historical Earnings % 14.78%

Long-Term Earnings % 11.44%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	1.35%	1.35%	0.00%	0.51%	0.00%
Cash	1.22%	1.22%	0.00%	1.70%	0.00%
Non US Stock	94.01%	94.01%	0.00%	96.42%	99.20%
Not Classified	0.00%	0.00%	0.00%	0.09%	0.00%
Other	0.00%	0.00%	0.00%	0.15%	0.10%
US Stock	3.43%	3.43%	0.00%	1.86%	0.71%

Top Holdings

Name	Weight	Owned	Change
Capitec Bank Holdings Ltd.	11.18%	-	-
Naspers Ltd., N Shares	5.82%	-	-
Shoprite Holdings Ltd.	3.73%	-	-
Gold Fields Ltd.	5.00%	-	-
Grindrod Ltd.	3.10%	-	-
Standard Bank Group Ltd.	4.78%	-	-
Bid Corp. Ltd.	3.16%	-	-
Bidvest Group Ltd.	3.03%	-	-
Aspen Pharmacare Holdings Ltd.	None	-	-
MMI Holdings Ltd.	2.94%	-	-
Discovery Ltd.	2.68%	-	-
Wilson Bayly Holmes-Ovcon Ltd.	2.95%	-	-
DataTec Ltd.	3.38%	-	-
MTN Group Ltd.	4.46%	-	-
Naspers Ltd.	4.04%	-	-
Anglogold Ashanti PLC	3.60%	-	-
Federated Hermes Government Obligations Fund	5.10%	-	-
Vukile Property Fund Ltd	3.52%	-	-
Astral Foods Ltd.	2.78%	-	-
Anglogold Ashanti plc	4.04%	-	-
Impala Platinum Holdings Ltd.	3.21%	-	-
Vukile Property Fund Ltd.	3.15%	-	-

See the full breakdown of CAFRX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	53.99%	47.45%	0.00%
Bond Sector	Corporate	0.00%	7.24%	0.00%	0.00%
Bond Sector	Derivative	0.00%	17.83%	0.00%	0.00%
Bond Sector	Government	0.00%	19.40%	52.55%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	1.53%	0.00%	0.00%
Cyclical	Basic Materials	14.63%	12.61%	0.00%	6.85%
Cyclical	Consumer Cyclical	12.31%	5.17%	0.00%	7.55%
Cyclical	Financial Services	34.70%	33.28%	0.00%	25.10%
Cyclical	Real Estate	6.53%	1.56%	0.00%	1.20%
Defensive	Consumer Defensive	6.17%	5.62%	0.00%	4.98%
Defensive	Healthcare	1.91%	3.66%	0.00%	6.86%
Defensive	Utilities	0.00%	4.41%	0.00%	2.85%
Sensitive	Communication Services	6.19%	2.81%	0.00%	4.59%
Sensitive	Energy	1.87%	10.75%	0.00%	4.94%
Sensitive	Industrials	11.35%	12.59%	0.00%	14.23%
Sensitive	Technology	4.34%	7.54%	0.00%	20.86%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	23.32%	-	1.99%
Americas	North America	35.13%	3.52%	8.87%
Greater Asia	Asia Developed	5.68%	-	18.02%
Greater Asia	Asia Emerging	3.19%	-	12.60%
Greater Asia	Australasia	3.13%	-	3.94%
Greater Asia	Japan	3.48%	-	14.84%
Greater Europe	Africa/Middle East	3.37%	94.35%	3.26%
Greater Europe	Europe Developed	14.80%	-	27.87%
Greater Europe	Europe Emerging	1.48%	-	0.65%
Greater Europe	United Kingdom	6.44%	2.13%	7.96%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-16	$0.355	$0.355	USD	-	-	-	-
2023-12-15	$0.231	$0.231	USD	-	2023-12-14	2023-12-15	Annual
2022-12-16	$0.073	$0.073	USD	-	2022-12-15	2022-12-16	Annual
2021-12-17	$0.160	$0.160	USD	2021-12-17	2021-12-16	2021-12-20	Annual
2020-12-18	$0.180	$0.180	USD	2020-12-18	2020-12-17	2020-12-18	Annual
2019-12-20	$0.220	$0.220	USD	2019-12-20	2019-12-19	2019-12-20	Annual
2018-12-19	$0.041	$0.041	USD	2018-12-21	2018-12-20	2018-12-21	Annual
2017-12-15	$0.040	$0.040	USD	2017-12-15	2017-12-14	2017-12-15	Annual
2016-12-15	$0.052	$0.052	USD	2016-12-15	2016-12-14	2016-12-15	Annual
2015-12-17	$0.050	$0.050	USD	2015-12-17	2015-12-16	2015-12-17	Annual
2013-12-18	$0.177	$0.177	USD	2013-12-18	2013-12-17	2013-12-19	Annual
2012-12-19	$0.160	$0.160	USD	2012-12-19	2012-12-18	2012-12-19	Other

View the full dividend history for CAFRX.

Commonwealth Africa Fund NMFQS:CAFRX