Japan Smaller Capitalization Fund, Inc. (JOF) reports developments for a closed-end fund investing primarily in securities of smaller capitalization companies in Japan. News commonly centers on the fund’s long-term capital appreciation mandate, NAV and trading-discount matters, Board actions, distribution policy, tender-offer related announcements, and shareholder meetings.
Updates also describe the fund’s manager, Nomura Asset Management U.S.A. Inc. (NAM-U.S.A.), and its relationship with Nomura Asset Management Co., Ltd., the fund’s investment adviser.
Japan Smaller Capitalization Fund (NYSE: JOF) announced its annual shareholder meeting scheduled for November 21, 2022, at 10:30 a.m. Eastern Time. The meeting will be held virtually, with a record date set for September 23, 2022. This fund primarily invests in smaller capitalization companies in Japan, targeting long-term capital appreciation. The manager of the fund, Nomura Asset Management U.S.A. Inc., is a subsidiary of Nomura Asset Management Co., Ltd., a leading investment advisory firm in Japan.
On December 8, 2021, Japan Smaller Capitalization Fund (NYSE: JOF) announced its upcoming distributions: an ordinary income distribution of $0.2116 per share, a short-term capital gains distribution of $0.2837 per share, and a long-term capital gains distribution of $0.1108 per share. Payments will be made on December 28, 2021, to shareholders on record as of December 17, 2021, with an ex-dividend date of December 16, 2021. The actual amounts for tax purposes will depend on the Fund's fiscal year investment performance.
The Japan Smaller Capitalization Fund (NYSE: JOF) announced a virtual 2021 Annual Meeting of Shareholders on November 22, 2021, at 10:30 a.m. ET. Shareholders will vote on the election of Directors, nominated to serve for one year. The record date for participation is September 27, 2021. The Fund targets smaller capitalization companies in Japan for long-term capital appreciation and is managed by Nomura Asset Management U.S.A. Inc., a subsidiary of Nomura Asset Management Co., Ltd. Past performance is not indicative of future results.
The Japan Smaller Capitalization Fund (NYSE: JOF) announced an ordinary income distribution of $0.1281 per share and a long-term capital gains distribution of $0.2160 per share, scheduled for payment on December 28, 2020. Shareholders of record will be those on December 18, 2020, with an ex-dividend date of December 17, 2020. The fund, managed by Nomura Asset Management U.S.A. Inc., focuses on smaller capitalization companies in Japan, aiming for long-term capital appreciation. Distribution amounts are estimates and subject to change based on tax regulations.
The Japan Smaller Capitalization Fund (NYSE: JOF) has scheduled its 2020 Annual Meeting of Shareholders for November 24, 2020, at 10:30 A.M. The meeting will focus on the election of three Directors. The Board has approved a declassification process for the board, with the nominated Directors serving until 2021. The record date for eligible shareholders is September 21, 2020. The Fund primarily invests in smaller Japanese companies, aiming for long-term capital appreciation and is managed by Nomura Asset Management U.S.A. Inc.