Japan Smaller Capitalization Fund, Inc. Announces Monthly Distributions for January, February and March 2026 Under Its Level Distribution Plan
Japan Smaller Capitalization Fund (NYSE: JOF) declared monthly cash distributions under its Level Distribution Plan for January–March 2026. Each monthly distribution is $0.0887 with record/ex-dividend dates and payment dates set as: January 15, 2026 (payable Jan 30), February 16, 2026 (payable Feb 27), and March 16, 2026 (payable Mar 31).
The LDP aims to provide a generally constant monthly distribution paid primarily in cash, or in Fund shares for participants in the dividend reinvestment plan unless cash is elected. Distributions may be funded from net investment income, realized capital gains, and/or a return of shareholder capital; composition will be reported on Form 1099-DIV after year-end. The Fund cautioned the LDP is not a guarantee and may affect NAV or the market discount to NAV.
Il LDP mira a fornire una distribuzione mensile generalmente costante pagata principalmente in contanti, o in quote del fondo per i partecipanti al piano di reinvestimento dei dividendi, salvo diversa elezione di contanti. Le distribuzioni possono essere finanziate da reddito da investimenti netti, plusvalenze realizzate e/o un ritorno di capitale agli azionisti; la composizione verrà riportata sul Mod 1099-DIV dopo la fine dell'anno. Il fondo avverte che il LDP non è una garanzia e potrebbe influire sul NAV o sullo sconto di mercato rispetto al NAV.
El LDP tiene como objetivo proporcionar una distribución mensual, generalmente constante, pagada principalmente en efectivo, o en acciones del fondo para los participantes en el plan de reinversión de dividendos, a menos que se elija efectivo. Las distribuciones pueden financiarse con ingresos netos de inversiones, ganancias de capital realizadas y/o una devolución de capital a los accionistas; la composición se informará en el Formulario 1099-DIV después de fin de año. El fondo advierte que el LDP no es una garantía y puede afectar el NAV o la prima/descuento al NAV.
Japan Smaller Capitalization Fund (NYSE: JOF) 는 2026년 1월–3월에 대한 Level Distribution Plan에 따라 매월 현금 분배를 선언했습니다. 각 월별 분배금은 $0.0887이며, 기준일/배당금 제외일 및 지급일은 다음으로 정해졌습니다: 2026년 1월 15일(지급일 1월 30일), 2026년 2월 16일(지급일 2월 27일), 2026년 3월 16일(지급일 3월 31일).
The LDP의 목적은 일반적으로 현금으로 주로 지급되거나 배당 재투자 계획 참가자의 경우 펀드 주식으로 지급되도록 하는 대략적 일정으로 지속적인 월별 분배를 제공하는 것입니다. 현금이 선택되지 않은 경우. 분배금은 순투자 소득, 실현 자본 이익 및/또는 주주 자본의 회수를 통해 조달될 수 있으며, 구성은 연말 이후 Form 1099-DIV에 보고됩니다. 펀드는 LDP가 보장된 것이 아니며 NAV 또는 NAV 대비 시장 할인에 영향을 미칠 수 있다고 주의했습니다.
Le LDP vise à fournir une distribution mensuelle globalement constante, versée principalement en espèces, ou en actions du fonds pour les participants au plan de réinvestissement des dividendes, sauf si de l’argent est choisi. Les distributions peuvent être financées à partir des revenus nets de placement, des gains en capital réalisés et/ou d’un retour de capital aux actionnaires; la composition sera reportée sur le formulaire 1099-DIV après la fin de l’année. Le fonds précise que le LDP n’est pas une garantie et peut affecter la NAV ou le discount du marché par rapport à la NAV.
Der LDP zielt darauf ab, eine im Wesentlichen konstante, monatliche Ausschüttung zu liefern, die überwiegend in bar erfolgt oder an Fondsanteile für Teilnehmer am Dividenden-Reinvestitionsplan ausgezahlt wird, sofern kein Bargeld gewählt wird. Ausschüttungen können aus Nettoanlageerträgen, realisierten Kapitalgewinnen und/oder einer Rückzahlung von Kapitals an die Aktionäre finanziert werden; die Zusammensetzung wird nach Jahresende im Formular 1099-DIV berichtet. Der Fonds weist darauf hin, dass der LDP keine Garantie ist und NAV oder der Marktabschlag zum NAV beeinflussen kann.
Japan Smaller Capitalization Fund (NYSE: JOF) أعلن توزيعات نقدية شهرية بموجب خطته Level Distribution Plan للعام يناير–مارس 2026. تبلغ كل توزيعة شهرية $0.0887 مع تحديد تواريخ التسجيل/الإكستريديند وتواريخ الدفع كما يلي: 15 يناير 2026 (دفع في 30 يناير)، 16 فبراير 2026 (دفع في 27 فبراير)، و16 مارس 2026 (دفع في 31 مارس).
يهدف LDP إلى توفير توزيعات شهرية ثابتة بشكل عام تُدفع نقداً بشكل رئيسي، أو في أسهم الصندوق للمشاركين في خطة إعادة استثمار الأرباح ما لم يتم اختيار النقد. يمكن تمويل التوزيعات من صافي دخل الاستثمار، وأرباح رأسمالية محققة، و/أو عودة رأس المال للمساهمين؛ سيتم الإبلاغ عن التكوين في النموذج 1099-DIV بعد نهاية السنة. حذر الصندوق من أن LDP ليس ضماناً وقد يؤثر على صافي قيمة الأصول NAV أو الفارق السوقي عن NAV.
- Monthly distribution of $0.0887 for Jan–Mar 2026
- Clear payment schedule with exact record and payment dates
- Distributions primarily paid in cash for most shareholders
- Distributions may include return of capital, affecting tax basis
- LDP distributions are not guaranteed and may change
- Plan could affect share discount to NAV or market price
NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows:
| Record Date | Ex-Dividend Date | Payment Date | Distribution Amount | |
| January 15, 2026 | January 15, 2026 | January 30, 2026 | ||
| February 16, 2026 | February 16, 2026 | February 27, 2026 | ||
| March 16, 2026 | March 16, 2026 | March 31, 2026 | ||
The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month.
Distributions will be made primarily in cash but under the Fund’s dividend-reinvestment plan, distributions will be made in Fund shares unless a shareholder has elected to receive cash. Shares held with a broker-dealer will receive distributions in cash.
Under the LDP, distributions may be derived from any combination of: (i) net investment income, (ii) realized capital gains, and/or (iii) a return of shareholder capital. The actual composition for each fiscal year will be reported to shareholders on Form 1099-DIV after year-end. Estimates provided in any monthly notice or in this press release are not intended for tax-reporting purposes and should not be relied upon as such.
The Fund cannot predict what effect, if any, the LDP will have on the market price of its shares, or whether such market price will trade at a narrower or wider discount to Net Asset Value (“NAV”) compared to levels prior to the Plan’s adoption.
Continued Focus on Long-Term Value
Today’s announcement represents the Fund’s objective to deliver competitive performance and stable distributions to shareholders. The Board and Nomura Asset Management U.S.A. Inc. (“NAM-U.S.A.”) remain committed to delivering long-term value creation and addressing the interests of our shareholders.
About the Fund
The Fund invests primarily in the securities of smaller capitalization companies in Japan and is designed for investors seeking long-term capital appreciation. The Manager of the Fund is NAM-U.S.A., which is based in New York. NAM-U.S.A. is a subsidiary of Nomura Asset Management Co., Ltd., which is one of the largest investment advisory companies in Japan in terms of assets under management and serves as the investment adviser to the Fund.
Forward Looking Statements
Certain information discussed in this press release may constitute forward-looking statements within the meaning of U.S. federal securities laws. Although the Fund and NAM-U.S.A. believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the Fund and NAM-U.S.A. can give no assurance that their expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected.
Contact: Maria Premole
1-800-833-0018
JOFInvestorRelations@nomura-asset.com
FAQ
What distribution amount did JOF announce for January–March 2026?
What are the JOF record, ex-dividend and payment dates for January 2026?
Will JOF distributions be paid in cash or shares under the Level Distribution Plan?
How will JOF report the tax composition of the January–March 2026 distributions?
Could JOF’s Level Distribution Plan affect the market price or NAV discount?
What are the payment dates for JOF distributions in February and March 2026?
