Welcome to our dedicated page for Japan Smaller Capitalization Fund news (Ticker: JOF), a resource for investors and traders seeking the latest updates and insights on Japan Smaller Capitalization Fund stock.
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.
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.