No but easy to make it appear so
Add Shape (rectangle) and give it the required "fade"
Add Command button and make it slightly smaller than the shape
- change its BackStyle property to TRANSPARENT
Centre Command Button over the shape
Hold {CTRL} and right click on Rectange so that both are selected
Right-Click and GROUP
Or you could simply insert a Rectangle and "fade" \ Right_click \ Assign Macro directly to the shape (ie not use a Command Button)