Japan Smaller Capitalization Fund, Inc. Announces Rescheduling of Annual Meeting of Shareholders
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.
Sentiment and the balance of points
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Rhea-AI Summary
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.
Positive
- The fund primarily focuses on smaller capitalization companies in Japan, which may offer growth potential.
- Management by Nomura Asset Management U.S.A. Inc., a key player in investment advisement, adds credibility.
Negative
- None.
Details
News Market Reaction – JOF
The recorded move for JOF in the trading session of this news was +1.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will reschedule its annual meeting of shareholders (the “Meeting”) previously announced from November 21, 2022, at 10:30 a.m., Eastern Time to December 15, 2022, at 10:30 a.m., Eastern Time. The Meeting will be held virtually. The record date for determining shareholders entitled to participate in the Meeting has remained as of September 23, 2022.
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 Nomura Asset Management U.S.A. Inc., which is based in New York. Nomura Asset Management U.S.A. Inc. 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 which serves as the Investment Adviser to the Fund.
Past performance is not indicative of future results.
| Contact: | Maria R. Premole | |
| 1-800-833-0018 | ||
| JOFInvestorRelations@nomura-asset.com |
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