Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Shares Bought by Matisse Capital

Matisse Capital grew its holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 37.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 362,000 shares of the company’s stock after purchasing an additional 98,192 shares during the quarter. Japan Smaller Capitalization Fund makes up approximately 1.4% of Matisse Capital’s portfolio, making the stock its 13th largest holding. Matisse Capital owned 1.03% of Japan Smaller Capitalization Fund worth $2,777,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC grew its stake in Japan Smaller Capitalization Fund by 7.7% in the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock worth $181,000 after acquiring an additional 1,609 shares during the period. Mraz Amerine & Associates Inc. acquired a new position in Japan Smaller Capitalization Fund in the third quarter valued at $259,000. Raffles Associates LP lifted its position in Japan Smaller Capitalization Fund by 16.1% during the third quarter. Raffles Associates LP now owns 224,025 shares of the company’s stock worth $1,853,000 after buying an additional 31,000 shares during the period. Pekin Hardy Strauss Inc. boosted its stake in Japan Smaller Capitalization Fund by 23.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock worth $133,000 after buying an additional 3,075 shares during the last quarter. Finally, Landscape Capital Management L.L.C. grew its holdings in Japan Smaller Capitalization Fund by 60.1% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 139,930 shares of the company’s stock valued at $1,157,000 after buying an additional 52,526 shares during the period.

Japan Smaller Capitalization Fund Stock Down 0.9 %

NYSE JOF opened at $7.61 on Tuesday. The company has a 50-day moving average of $7.71 and a 200-day moving average of $7.78. Japan Smaller Capitalization Fund, Inc. has a 12 month low of $6.89 and a 12 month high of $8.34.

Japan Smaller Capitalization Fund Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 19th were paid a dividend of $0.3118 per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 3.3%. This is an increase from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27.

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.