Noble Wealth Management PBC Lowers Holdings in Japan Smaller Capitalization Fund, Inc. $JOF

Noble Wealth Management PBC reduced its stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 90.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,500 shares of the company’s stock after selling 45,178 shares during the period. Noble Wealth Management PBC’s holdings in Japan Smaller Capitalization Fund were worth $53,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Japan Smaller Capitalization Fund by 144.7% in the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after buying an additional 3,038 shares during the period. International Assets Investment Management LLC acquired a new stake in Japan Smaller Capitalization Fund during the fourth quarter worth about $43,000. Western Wealth Management LLC purchased a new position in Japan Smaller Capitalization Fund during the first quarter valued at approximately $50,000. Colonial Trust Advisors purchased a new position in Japan Smaller Capitalization Fund during the fourth quarter valued at approximately $104,000. Finally, Quantedge Capital Pte Ltd acquired a new position in Japan Smaller Capitalization Fund in the first quarter valued at approximately $131,000.

Japan Smaller Capitalization Fund Stock Performance

Japan Smaller Capitalization Fund stock opened at $11.82 on Wednesday. Japan Smaller Capitalization Fund, Inc. has a 12 month low of $9.84 and a 12 month high of $12.76. The stock’s 50 day simple moving average is $11.57 and its two-hundred day simple moving average is $11.46.

Japan Smaller Capitalization Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.0956 dividend. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date is Tuesday, September 15th.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.