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JAPAN SMALLER CAPITALIZATION FUND - JOF STOCK NEWS

Welcome to our dedicated page for JAPAN SMALLER CAPITALIZATION FUND news (Ticker: JOF), a resource for investors and traders seeking the latest updates and insights on JAPAN SMALLER CAPITALIZATION FUND stock.

Japan Smaller Capitalization Fund Inc. (JOF) is a United States-based non-diversified, closed-end management investment company. This fund seeks to achieve long-term capital appreciation by investing primarily in smaller capitalization Japanese equity securities. The diverse portfolio spans several critical sectors, including banks, chemicals, construction, electric appliances, financing business, food, information and communication, utilities, and real estate.

The fund is managed by Nomura Asset Management U.S.A. Inc. (NAM-USA), a subsidiary of Nomura Asset Management Co., Ltd. (NAM-Tokyo), one of Japan's largest investment advisory firms. Recently, Hiroaki Tanaka replaced Makoto Ito as the deputy portfolio manager of the fund, joining a robust team led by Atsushi Katayama. Mr. Tanaka brings over 21 years of experience in Japanese small-cap investments, adding valuable expertise to the management team.

JOF is designed for investors seeking long-term growth through exposure to Japanese small-cap stocks. The fund continuously adapts to market conditions while remaining committed to its primary investment objective. Its diversified approach helps mitigate risks associated with single-sector investments, making it a balanced choice for investors aiming to benefit from Japan's economic environment.

For further information or investor relations inquiries, contact Maria R. Premole at 1-800-833-0018 or JOFInvestorRelations@nomura-asset.com.

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Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) has announced its annual meeting of shareholders, scheduled for November 21, 2024, at 10:30 a.m. Eastern Time. The meeting will be held at the offices of Nomura Asset Management U.S.A. Inc. in New York. Shareholders of record as of September 26, 2024, will be eligible to participate.

JOF focuses on investing in smaller capitalization companies in Japan, aiming for long-term capital appreciation. The Fund is managed by Nomura Asset Management U.S.A. Inc., a subsidiary of Nomura Asset Management Co., , one of Japan's largest investment advisory firms.

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Japan Smaller Capitalization Fund, Inc. announced a change in the deputy portfolio manager, with Hiroaki Tanaka replacing Makoto Ito. Atsushi Katayama will remain as the lead portfolio manager. Mr. Tanaka brings over 21 years of experience in Japanese small cap and growth equities investing to enhance the team. The Fund's investment objective remains the same, focusing on securities of smaller capitalization companies in Japan for long-term capital appreciation.

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Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) announces an ordinary income distribution of $0.2655 per share, payable on December 27, 2023, to shareholders of record on December 19, 2023. The ex-dividend date will be December 18, 2023.
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Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) will hold its annual meeting of shareholders on November 20, 2023. The Fund invests primarily in smaller capitalization companies in Japan. Nomura Asset Management U.S.A. Inc. is the Manager of the Fund and a subsidiary of Nomura Asset Management Co., Ltd., one of Japan's largest investment advisory companies.
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Nomura Asset Management U.S.A. has appointed Atsushi Katayama as the new lead portfolio manager for Japan Smaller Capitalization Fund, Inc. (NYSE: JOF), effective April 1, 2023. Katayama, who has over 15 years of investment management experience and rejoined NAM-Tokyo in 2021, replaces Hiromitsu Daimon. Makoto Ito will remain a portfolio manager for the Fund. The investment strategy remains unchanged, focusing on smaller capitalization companies in Japan, aimed at long-term capital appreciation.

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Japan Smaller Capitalization Fund (NYSE: JOF) has rescheduled its annual shareholder meeting from November 21, 2022, to December 15, 2022, at 10:30 a.m. ET. The meeting will be conducted virtually, with the record date for shareholder eligibility remaining September 23, 2022. The fund primarily invests in smaller capitalization companies in Japan, targeting investors who seek long-term capital appreciation. Nomura Asset Management U.S.A. Inc. manages the fund, functioning as a subsidiary of Nomura Asset Management Co., Ltd., one of Japan's largest investment advisory firms.

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Japan Smaller Capitalization Fund (NYSE: JOF) announced its annual shareholder meeting scheduled for November 21, 2022, at 10:30 a.m. Eastern Time. The meeting will be held virtually, with a record date set for September 23, 2022. This fund primarily invests in smaller capitalization companies in Japan, targeting long-term capital appreciation. The manager of the fund, Nomura Asset Management U.S.A. Inc., is a subsidiary of Nomura Asset Management Co., Ltd., a leading investment advisory firm in Japan.

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On December 8, 2021, Japan Smaller Capitalization Fund (NYSE: JOF) announced its upcoming distributions: an ordinary income distribution of $0.2116 per share, a short-term capital gains distribution of $0.2837 per share, and a long-term capital gains distribution of $0.1108 per share. Payments will be made on December 28, 2021, to shareholders on record as of December 17, 2021, with an ex-dividend date of December 16, 2021. The actual amounts for tax purposes will depend on the Fund's fiscal year investment performance.

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The Japan Smaller Capitalization Fund (NYSE: JOF) announced a virtual 2021 Annual Meeting of Shareholders on November 22, 2021, at 10:30 a.m. ET. Shareholders will vote on the election of Directors, nominated to serve for one year. The record date for participation is September 27, 2021. The Fund targets smaller capitalization companies in Japan for long-term capital appreciation and is managed by Nomura Asset Management U.S.A. Inc., a subsidiary of Nomura Asset Management Co., Ltd. Past performance is not indicative of future results.

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FAQ

What is the current stock price of JAPAN SMALLER CAPITALIZATION FUND (JOF)?

The current stock price of JAPAN SMALLER CAPITALIZATION FUND (JOF) is $7.51 as of November 20, 2024.

What is the market cap of JAPAN SMALLER CAPITALIZATION FUND (JOF)?

The market cap of JAPAN SMALLER CAPITALIZATION FUND (JOF) is approximately 212.5M.

What is the primary investment objective of Japan Smaller Capitalization Fund Inc. (JOF)?

The primary investment objective is to seek long-term capital appreciation by investing in smaller capitalization Japanese equity securities.

Who manages the Japan Smaller Capitalization Fund?

The fund is managed by Nomura Asset Management U.S.A. Inc. (NAM-USA), with Hiroaki Tanaka and Atsushi Katayama leading the portfolio management team.

What sectors does the Japan Smaller Capitalization Fund invest in?

The fund's portfolio includes sectors such as banks, chemicals, construction, electric appliances, financing business, food, information and communication, utilities, and real estate.

Has there been any recent change in the fund’s management?

Yes, Hiroaki Tanaka recently replaced Makoto Ito as the deputy portfolio manager of the fund.

How can I contact investor relations for Japan Smaller Capitalization Fund?

You can reach investor relations by contacting Maria R. Premole at 1-800-833-0018 or JOFInvestorRelations@nomura-asset.com.

What type of investors is Japan Smaller Capitalization Fund designed for?

The fund is designed for investors seeking long-term capital appreciation through exposure to Japanese small-cap stocks.

Where is Nomura Asset Management U.S.A. Inc. based?

Nomura Asset Management U.S.A. Inc. (NAM-USA) is based in New York.

Is the investment strategy of Japan Smaller Capitalization Fund changing?

No, the investment objective of the fund remains focused on long-term capital appreciation despite recent changes in management.

What makes Japan Smaller Capitalization Fund's portfolio diversified?

The fund's portfolio is diversified across various sectors, which helps mitigate risks associated with single-sector investments.

Who is the lead portfolio manager for Japan Smaller Capitalization Fund?

Atsushi Katayama serves as the lead portfolio manager for the fund.

JAPAN SMALLER CAPITALIZATION FUND

NYSE:JOF

JOF Rankings

JOF Stock Data

212.50M
28.33M
79.72%
0.05%
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United States of America
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