Japan Smaller Capitalizaion Fund (JOF) : Rmb Capital Management reduced its stake in Japan Smaller Capitalizaion Fund by 5.67% during the most recent quarter end. The investment management company now holds a total of 2,383,718 shares of Japan Smaller Capitalizaion Fund which is valued at $24,242,412 after selling 143,402 shares in Japan Smaller Capitalizaion Fund , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Japan Smaller Capitalizaion Fund makes up approximately 1.66% of Rmb Capital Management’s portfolio.
Other Hedge Funds, Including , Gratus Capital added JOF to its portfolio by purchasing 17,669 company shares during the most recent quarter which is valued at $179,694. Japan Smaller Capitalizaion Fund makes up approx 0.03% of Gratus Capital’s portfolio. Ancora Inverness sold out all of its stake in JOF during the most recent quarter. The investment firm sold 35,053 shares of JOF which is valued $356,489.Blue Bell Private Wealth Management boosted its stake in JOF in the latest quarter, The investment management firm added 6,400 additional shares and now holds a total of 6,505 shares of Japan Smaller Capitalizaion Fund which is valued at $67,034. Japan Smaller Capitalizaion Fund makes up approx 0.04% of Blue Bell Private Wealth Management’s portfolio.Wealthtrust Axiom reduced its stake in JOF by selling 3,500 shares or 23.26% in the most recent quarter. The Hedge Fund company now holds 11,545 shares of JOF which is valued at $117,413. Japan Smaller Capitalizaion Fund makes up approx 0.04% of Wealthtrust Axiom’s portfolio.
Japan Smaller Capitalizaion Fund closed down -0.05 points or -0.49% at $10.11 with 10,291 shares getting traded on Monday. Post opening the session at $10.11, the shares hit an intraday low of $10.11 and an intraday high of $10.1476 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Japan Smaller Capitalization Fund Inc. is a non-diversified closed-end management investment company. The Fund invests in undervalued stocks that offer fundamental strength and potential for improvement. The Fund focuses on companies which are leaders in certain niche markets companies with large or expanding market shares stocks with superior shareholder distribution policies and stocks that offer good growth prospects. The Fund held a diversified portfolio of 124 stocks of which 99 were Tokyo Stock Exchange (TSE) First Section stocks; 20 were TSE Second Section stocks and five were other smaller capitalization stocks as of February 28 2015. Nomura Asset Management U.S.A. Inc. is the manager of the Fund. Nomura Asset Management Co. Ltd. is the investment adviser of the Fund.