KF
Korea Fund
About: Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
4% more funds holding
Funds holding: 23 [Q3] → 24 (+1) [Q4]
6.29% less ownership
Funds ownership: 60.99% [Q3] → 54.7% (-6.29%) [Q4]
28% less capital invested
Capital invested by funds: $67M [Q3] → $48.2M (-$18.8M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for KF.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Korea Fund: A Less Favorable Risk/Reward
Korea has been one of the more resilient Asian markets this year. But fundamental headwinds lurk beneath the surface. Actively managed KF doesn't offer as much upside potential here.
Neutral
Business Wire
4 months ago
CORRECTING and REPLACING The Korea Fund, Inc. Declares Cash Dividend Distribution
NEW YORK--(BUSINESS WIRE)--First paragraph, third sentence of release dated December 16, 2024, should read: The distribution will be payable on January 6, 2025 to shareholders of record on December 27, 2024 which is also the ex-dividend date (instead of shareholders of record on December 23, 2024). The updated release reads: THE KOREA FUND, INC. DECLARES CASH DIVIDEND DISTRIBUTION The Board of Directors of The Korea Fund, Inc. (the "Fund") (NYSE:KF) announced today they have declared a dividend.
Neutral
Business Wire
4 months ago
The Korea Fund, Inc. Appoints New Agent for its Discount Management Program
NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Korea Fund, Inc. (NYSE: KF) (the “Fund”) has appointed Stifel, Nicolaus & Company, Incorporated (the “Program Manager”) to serve as its agent and broker for purposes of implementing the Fund's Discount Management Program (the “Program”), with effect as of December 16, 2024. The Program provides that the Fund may repurchase annually up to 10% of its common shares outstanding as of the close of business on June 30th of the.
Neutral
Business Wire
4 months ago
The Korea Fund, Inc. Declares Cash Dividend Distribution
NEW YORK--(BUSINESS WIRE)--The Board of Directors of The Korea Fund, Inc. (the "Fund") (NYSE:KF) announced today they have declared a dividend distribution of $0.454161 per share. This dividend distribution represents payment of the Fund's 2024 spillback distribution pursuant to Section 855 of the Internal Revenue Code. The distribution will be payable on January 6, 2025 to shareholders of record on December 23, 2024 which is also the ex-dividend date. As of today until January 6, 2025, being t.
Neutral
Business Wire
7 months ago
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.
Neutral
Business Wire
7 months ago
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.
Neutral
Business Wire
8 months ago
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.
Positive
Seeking Alpha
9 months ago
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.
Neutral
Business Wire
9 months ago
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.
Neutral
Business Wire
9 months ago
The Korea Fund, Inc. Issues Update Regarding Tender Offer Policy
NEW YORK--(BUSINESS WIRE)--Update Regarding Tender Offer Policy.
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