Hara Capital LLC Decreases Stock Position in Japan Smaller Capitalization Fund, Inc. $JOF

Hara Capital LLC trimmed its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 37.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,412 shares of the company’s stock after selling 75,549 shares during the period. Japan Smaller Capitalization Fund makes up 0.8% of Hara Capital LLC’s portfolio, making the stock its 28th biggest position. Hara Capital LLC’s holdings in Japan Smaller Capitalization Fund were worth $1,353,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in Japan Smaller Capitalization Fund by 37,758.0% in the 2nd quarter. Bank of America Corp DE now owns 795,018 shares of the company’s stock valued at $7,664,000 after buying an additional 792,918 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Japan Smaller Capitalization Fund by 9.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company’s stock worth $57,842,000 after acquiring an additional 454,000 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its stake in shares of Japan Smaller Capitalization Fund by 418.8% in the second quarter. Pekin Hardy Strauss Inc. now owns 91,399 shares of the company’s stock worth $881,000 after acquiring an additional 73,780 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in Japan Smaller Capitalization Fund by 39.0% in the second quarter. Mraz Amerine & Associates Inc. now owns 145,281 shares of the company’s stock valued at $1,401,000 after purchasing an additional 40,790 shares during the last quarter. Finally, Shaker Financial Services LLC grew its stake in Japan Smaller Capitalization Fund by 45.9% during the 2nd quarter. Shaker Financial Services LLC now owns 97,575 shares of the company’s stock valued at $941,000 after purchasing an additional 30,699 shares in the last quarter.

Japan Smaller Capitalization Fund Stock Performance

JOF stock opened at $11.36 on Friday. The stock’s 50 day moving average is $10.81 and its two-hundred day moving average is $10.50. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $7.43 and a 52-week high of $11.37.

Japan Smaller Capitalization Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.0887 dividend. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, March 16th.

Japan Smaller Capitalization Fund 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.