Mraz Amerine & Associates Inc. Increases Holdings in Japan Smaller Capitalization Fund, Inc. $JOF

Key Points

• Mraz Amerine & Associates Inc. increased its holdings in the Japan Smaller Capitalization Fund, Inc. by 39.0%, now owning 145,281 shares valued at approximately $1.4 million.
• The Japan Smaller Capitalization Fund recently declared a monthly dividend of $0.0887, yielding 9.9%, with payment scheduled for December 31st to shareholders of record on December 15th.
• As of Tuesday, shares of the Japan Smaller Capitalization Fund opened at $10.78, with a 12-month trading range between a low of $7.43 and a high of $11.00.

Mraz Amerine & Associates Inc. increased its position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 39.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,281 shares of the company's stock after buying an additional 40,790 shares during the quarter. Mraz Amerine & Associates Inc. owned 0.41% of Japan Smaller Capitalization Fund worth $1,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Almitas Capital LLC raised its stake in shares of Japan Smaller Capitalization Fund by 2.9% during the first quarter. Almitas Capital LLC now owns 511,819 shares of the company's stock worth $4,294,000 after acquiring an additional 14,348 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Japan Smaller Capitalization Fund during the 1st quarter valued at $94,000. CWM LLC raised its position in Japan Smaller Capitalization Fund by 275.5% in the 1st quarter. CWM LLC now owns 4,506 shares of the company's stock worth $38,000 after purchasing an additional 3,306 shares during the period. Bank of America Corp DE lifted its stake in Japan Smaller Capitalization Fund by 144.7% in the fourth 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. Finally, Blue Bell Private Wealth Management LLC boosted its position in Japan Smaller Capitalization Fund by 4.3% during the first quarter. Blue Bell Private Wealth Management LLC now owns 41,150 shares of the company's stock valued at $345,000 after buying an additional 1,700 shares during the period.

Japan Smaller Capitalization Fund Stock Up 0.4%

Shares of NYSE:JOF opened at $10.78 on Tuesday. The stock's 50-day moving average price is $10.52 and its 200-day moving average price is $9.59. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $7.43 and a 12-month high of $11.00.

Japan Smaller Capitalization Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.0887 dividend. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend is Monday, December 15th.

Japan Smaller Capitalization Fund Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.

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