386,375 Shares in Japan Smaller Capitalization Fund, Inc. $JOF Purchased by Almitas Capital LLC

Key Points

• Almitas Capital LLC purchased 386,375 shares of Japan Smaller Capitalization Fund during the second quarter, valued at approximately $4.55 million. The position represents about 1.36% of JOF and 1.1% of Almitas Capital’s holdings.
• Several other institutional investors recently initiated or increased positions in JOF, including Bank of America, which raised its holdings by 144.7% during the fourth quarter.
• JOF shares rose 0.5% to open at $12.60, near the fund’s 52-week high of $12.76. The closed-end fund invests in Japanese smaller-capitalization companies for long-term capital appreciation.

Almitas Capital LLC purchased a new stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 386,375 shares of the company's stock, valued at approximately $4,551,000. Japan Smaller Capitalization Fund comprises 1.1% of Almitas Capital LLC's holdings, making the stock its 25th largest position. Almitas Capital LLC owned approximately 1.36% of Japan Smaller Capitalization Fund as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter worth approximately $43,000. Western Wealth Management LLC bought a new position in shares of Japan Smaller Capitalization Fund during the first quarter worth approximately $50,000. Bank of America Corp DE lifted its holdings in Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company's stock worth $39,000 after purchasing an additional 3,038 shares during the last quarter. Colonial Trust Advisors acquired a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth approximately $104,000. Finally, North Ground Capital bought a new stake in Japan Smaller Capitalization Fund in the 2nd quarter valued at $117,800,000.

Japan Smaller Capitalization Fund Trading Up 0.5%

JOF stock opened at $12.60 on Friday. The business's fifty day moving average price is $11.84 and its two-hundred day moving average price is $11.57. Japan Smaller Capitalization Fund, Inc. has a fifty-two week low of $9.94 and a fifty-two week high of $12.76.

About Japan Smaller Capitalization Fund

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.

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