City of London Investment Management Company Limited (CLIM) reported beneficial ownership of 3,223,016 shares of Japan Smaller Capitalization Fund, Inc. (JOF), equal to 12.6% of the class. CLIM reported sole voting and dispositive power over all 3,223,016 shares, with no shared voting or dispositive power. The shares are owned directly by the City of London Funds and segregated accounts over which CLIM exercises discretionary voting and investment authority.
Japan Smaller Capitalization Fund Inc (JOF) reported that Saba Capital Management, L.P., a 10% owner, made two indirect purchases of Common Stock: 16,222 shares on October 16, 2026, and 30,000 shares on October 19, 2026, each at $11.9400 per share. Together, the purchases were 46,222 shares. No Rule 10b5-1 plan was reported.
Japan Smaller Capitalization Fund, Inc. amended and restated its definitive proxy statement for its November 19, 2026 annual meeting, where shareholders will vote on five director nominees: Yusuke Andoh, David B. Chemidlin, Tina Jones, Arthur B. Laby and Paige P. Ouimet. Each is proposed for a one-year term, and the Board recommends voting FOR each nominee.
The Fund had 25,500,504 shares outstanding as of September 28, 2026, the record date, with one vote per share and no cumulative voting. Election requires the affirmative vote of a majority of votes entitled to be cast. Shareholders may vote in person, online, by telephone or by mail. Rule 14a-8 proposals for the next annual meeting must be received by June 14, 2027; nominations and other business under the bylaws may be submitted from June 14 through July 14, 2027; universal proxy notices are due no later than August 15, 2027.
Japan Smaller Capitalization Fund Inc's ten-percent owner, Saba Capital Management, L.P., reported an indirect purchase of 13,133 common shares on October 14, 2026, at $12.33 per share. Its reported post-transaction position was 2,696,154 shares, held indirectly. No Rule 10b5-1 plan is reported.
For Japan Smaller Capitalization Fund Inc. (JOF), Saba Capital Management, L.P., identified as a ten percent owner, reports an indirect holding of 2,683,021 shares of Common Stock as of October 13, 2026.
Japan Smaller Capitalization Fund Inc. (JOF) reports that Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein each beneficially own 2,696,154 common shares, or 10.57% of the class. Each reports shared voting and dispositive power over that amount and zero sole voting and dispositive power. The percentage is based on 25,500,504 shares outstanding as of September 28, 2026.
Saba Capital states that approximately $24,212,826 was paid to acquire the reported shares, with investor subscription proceeds, capital appreciation, and ordinary-course margin account borrowings identified as funding sources. Trades from the September 23, 2026 amendment through the current amendment were effected in the open market.
Japan Smaller Capitalization Fund, Inc. (JOF) is asking shareholders to elect five directors for one-year terms at its annual meeting on November 19, 2026. The nominees are Yusuke Andoh, David B. Chemidlin, Tina Jones, Arthur B. Laby and Paige P. Ouimet. Andoh is an interested Director; the other four are not interested persons of the Fund. The Board recommends a vote FOR each nominee.
Shareholders of record on September 28, 2026 may cast one vote per share; 25,500,504 common shares were outstanding on that date. Election requires an affirmative majority of votes entitled to be cast, and abstentions have the same effect as votes against.
Japan Smaller Capitalization Fund Inc. (JOF) is the issuer named in an amended beneficial-ownership report by Allspring Global Investments Holdings, LLC. As of September 30, 2026, Allspring reported beneficial ownership of 3,795,783 shares, or 13.4% of the class, with sole voting power over 3,393,360 shares and sole dispositive power over 3,795,783 shares. The shares are owned of record by clients of investment advisers identified as subsidiaries of Allspring. No such client was known to have rights to dividends or sale proceeds with respect to more than 5% of the class.
Japan Smaller Capitalization Fund, Inc. (JOF) is the issuer in an ownership update reporting that Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein each report the same beneficial-ownership position: 2,494,542 common shares, or 8.8%, with shared voting and dispositive power.
The reported percentage is based on 28,333,893 common shares outstanding as of April 30, 2026. The reporting persons state that approximately $21,684,119 was paid to acquire the reported shares. Trades from August 31, 2026 through September 21, 2026 were effected in the open market. Funds and accounts advised by Saba Capital have the right to receive dividends and sale proceeds.
The reporting persons say they may discuss JOF’s business and governance and may propose board or other changes, nominate directors, solicit proxies, or seek share buybacks, tenders, liquidations, or a change in investment manager.
JAPAN SMALLER CAPITALIZATION FUND, INC. (JOF) has an updated ownership disclosure on Schedule 13D/A (Amendment No. 8) by Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein. The reporting group beneficially owns 2,190,551 common shares, representing 7.73% of JOF’s outstanding common stock based on 28,333,893 shares outstanding as of April 30, 2026.
The shares were acquired for a total of approximately $17,898,526, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. The reporting persons share voting and dispositive power over these shares. The amendment updates Items 3, 5, and 7, while stating no specific current purpose of transaction.