Japan Smaller Capitalization Fund, Inc. $JOF Stock Bought by Noble Wealth Management PBC

Noble Wealth Management PBC grew its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 1,509.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,405 shares of the company’s stock after acquiring an additional 67,905 shares during the period. Noble Wealth Management PBC owned about 0.26% of Japan Smaller Capitalization Fund worth $912,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new stake in Japan Smaller Capitalization Fund during the 2nd quarter worth approximately $35,000. Western Wealth Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund in the first quarter worth $50,000. Mraz Amerine & Associates Inc. raised its holdings in Japan Smaller Capitalization Fund by 3.5% in the second quarter. Mraz Amerine & Associates Inc. now owns 202,362 shares of the company’s stock valued at $2,384,000 after acquiring an additional 6,909 shares in the last quarter. North Ground Capital bought a new position in Japan Smaller Capitalization Fund during the 2nd quarter valued at $117,800. Finally, Quantedge Capital Pte Ltd acquired a new position in Japan Smaller Capitalization Fund during the 1st quarter worth $131,000.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF traded down $0.10 during midday trading on Thursday, hitting $12.51. The company had a trading volume of 36,563 shares, compared to its average volume of 92,444. The company’s 50 day moving average price is $12.28 and its 200 day moving average price is $11.68. Japan Smaller Capitalization Fund, Inc. has a 52 week low of $9.94 and a 52 week high of $12.85.

Japan Smaller Capitalization Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be issued a $0.0956 dividend. This represents a $1.15 annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Tuesday, December 15th.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc (NYSE:JOF) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in the equity securities of smaller-capitalization companies in Japan.

The fund provides investors with diversified exposure to Japan’s small-capitalization market across a range of industries. Its portfolio may include companies at different stages of development, with investment selection focused on identifying businesses that the adviser believes offer attractive long-term growth potential.

Japan Smaller Capitalization Fund has been listed in the United States since 1987.