Japan Smaller Capitalization Fund, Inc. $JOF is 1607 Capital Partners LLC’s 8th Largest Position

1607 Capital Partners LLC lowered its stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 3.9% in the 4th quarter, HoldingsChannel reports. The firm owned 3,990,675 shares of the company’s stock after selling 160,628 shares during the quarter. Japan Smaller Capitalization Fund accounts for 3.0% of 1607 Capital Partners LLC’s portfolio, making the stock its 8th biggest position. 1607 Capital Partners LLC owned about 0.11% of Japan Smaller Capitalization Fund worth $44,217,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in Japan Smaller Capitalization Fund in the 4th quarter valued at approximately $43,000. Bank of America Corp DE grew its stake in 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 in the last quarter. Colonial Trust Advisors purchased a new position in Japan Smaller Capitalization Fund in the 4th quarter valued at approximately $104,000. CIBC Bancorp USA Inc. purchased a new position in Japan Smaller Capitalization Fund in the 3rd quarter valued at approximately $215,000. Finally, Triasima Portfolio Management inc. grew its stake in Japan Smaller Capitalization Fund by 38.0% in the 4th quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company’s stock valued at $242,000 after buying an additional 6,000 shares in the last quarter.

Japan Smaller Capitalization Fund Trading Up 0.3%

Japan Smaller Capitalization Fund stock opened at $11.63 on Thursday. Japan Smaller Capitalization Fund, Inc. has a 1-year low of $9.36 and a 1-year high of $12.76. The firm has a 50 day simple moving average of $11.39 and a 200 day simple moving average of $11.28.

Japan Smaller Capitalization Fund Announces Dividend

The firm also recently disclosed 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) dividend on an annualized basis and a yield of 9.9%. 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.