KF

Korea Fund
KF

$22.80

2.36%

Market Cap: $110M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2.77% less ownership

Funds ownership: 69.53% [Q1] → 66.76% (-2.77%) [Q2]

4% less funds holding

Funds holding: 25 [Q1] → 24 (-1) [Q2]

9% less capital invested

Capital invested by funds: $87M [Q1] → $79.3M (-$7.73M) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for KF.

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Financial journalist opinion

The Korea Fund, Inc. Announces Final Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Korea Fund, Inc. (the “Fund”) (NYSE: KF) today announced the final results of its tender offer. As previously announced, the Fund conducted a tender offer to purchase for cash up to 12.5% of its issued and outstanding common stock, at a price equal to 98.5% of its net asset value (“NAV”) per share determined on the expiration date. The Fund's tender offer, which expired at 5:00 p.m. New York City time, on Monday, September 1.

The Korea Fund, Inc. Announces Final Results of Tender Offer

The Korea Fund, Inc. Announces Preliminary Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Korea Fund, Inc. (the “Fund”) (NYSE: KF) today announced the preliminary results of the Fund's tender offer. As previously announced, the Fund conducted a tender offer to purchase for cash up to 12.5% of its issued and outstanding common stock, at a price equal to 98.5% of its net asset value (“NAV”) per share determined on the expiration date. The Fund's tender offer expired at 5:00 p.m. New York City time, on Monday, Septe.

The Korea Fund, Inc. Announces Preliminary Results of Tender Offer

The Korea Fund, Inc. Announces Commencement of Tender Offer

NEW YORK--(BUSINESS WIRE)--The Korea Fund, Inc. (the “Fund”) (NYSE: KF) announced today that the tender offer (the “Tender Offer”) to purchase for cash up to 12.5% of the Fund's issued and outstanding common stock, at a price per share equal to 98.5% of the net asset value per share, determined on the date the tender offer expires, will commence on Friday, August 16, 2024 and expire, unless otherwise extended, at 5:00 p.m., New York City Time, on Monday, September 16, 2024. The Fund's Board of.

The Korea Fund, Inc. Announces Commencement of Tender Offer

Korea Fund: Worth A Look As Discount Narrowing Path Emerges

The closed-end Korea Fund has benefited from a narrowing NAV discount. Expect more of the same ahead of a potentially catalyst-rich next few months. Despite its flaws, KF ticks a lot of boxes as a Korean large-cap play.

Korea Fund: Worth A Look As Discount Narrowing Path Emerges

The Korea Fund, Inc. Announces Tender Offer Terms

NEW YORK--(BUSINESS WIRE)--As previously reported, the Board of Directors (the “Board”) of The Korea Fund, Inc. (NYSE: KF) (the “Fund”) announced on December 3, 2020 that it had adopted a policy (the “Tender Offer Policy”) pursuant to which the Board will cause the Fund to conduct an issuer tender offer for up to twenty-five percent (25%) of its then issued and outstanding shares of common stock on or before September 30, 2024, and thereafter on each third year anniversary of September 30, 2024.

The Korea Fund, Inc. Announces Tender Offer Terms

The Korea Fund, Inc. Issues Update Regarding Tender Offer Policy

NEW YORK--(BUSINESS WIRE)--Update Regarding Tender Offer Policy.

The Korea Fund, Inc. Issues Update Regarding Tender Offer Policy

Korea Fund: The Wind Is Still In Its Sails

Korean large-cap fundamentals remain very attractive. The Korea Fund stands to benefit from more tech-led outperformance. A narrowing NAV discount adds compelling optionality.

Korea Fund: The Wind Is Still In Its Sails

Korea Fund: Broadly Favorable, But Risks Remain

The Korea Fund Inc. is an old foreign CEF (30-year history) that focuses on Korean stocks and is currently managed by John Cho. Korean stocks offer one of the most alluring valuations to earnings trade-offs. KF's earnings are benefiting from the bounce back of the memory chip market and South Korea's positive export growth.

Korea Fund: Broadly Favorable, But Risks Remain

The Month In Closed-End Funds: February 2024

For the third month in four, equity CEFs (+1.81%) witnessed gains while their fixed income CEF (+0.52%) counterparts for the fourth month in a row posted plus-side returns.

The Month In Closed-End Funds: February 2024

KF: Japan Was So Last Year, Buy South Korean Stocks In 2024

The Korea Fund is a closed-ended fund focused on South Korean equities with performance that is slightly ahead of its benchmark over the last decade. The fund has a discount to NAV of over 17% in the last 6 months, which may contract substantially in a bullish run in South Korean stocks. South Korea is taking cues from Japan's corporate governance reforms, potentially leading to improved shareholder activism and better market performance.

KF: Japan Was So Last Year, Buy South Korean Stocks In 2024

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