Japan Smaller Capitalization Fund (JOF)

• Market cap: $221M
• 1 day: 0.65%
• 5 days: 1.30%
• 1 month: -2.75%
• 3 months: -4.53%
• 6 months: 3.18%
• Year to date: 0.65%
• 1 year: 3.73%
• 5 years: -14.11%
• 10 years: -11.28%

About: Japan Smaller Capitalization Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

12% more funds holding

Funds holding: 49 [Q2] → 55 (+6) [Q3]

10% more capital invested

Capital invested by funds: $170M [Q2] → $186M (+$16.6M) [Q3]

0.68% more ownership

Funds ownership: 79.04% [Q2] → 79.72% (+0.68%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]