Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$22.42

$5.44 B

0.94%

$0.21

0.93%

Vitals

YTD Return

-0.9%

1 yr return

14.2%

3 Yr Avg Return

9.5%

5 Yr Avg Return

9.8%

Net Assets

$5.44 B

Holdings in Top 10

27.6%

52 WEEK LOW AND HIGH

$22.3
$19.77
$24.62

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 37.73%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Diversified Pacific/Asia


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$22.42

$5.44 B

0.94%

$0.21

0.93%

MIPIX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 9.5%
  • 5 Yr Annualized Total Return 9.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.91%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Matthews Asia Dividend Fund
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Oct 29, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Yu Zhang

Fund Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in Asia.


MIPIX - Performance

Return Ranking - Trailing

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -4.5% 4.1% 70.00%
1 Yr 14.2% 14.0% 22.0% 90.00%
3 Yr 9.5%* 7.1% 16.6% 40.00%
5 Yr 9.8%* 8.6% 13.8% 40.00%
10 Yr 9.9%* 8.1% 13.5% 44.44%

* Annualized

Return Ranking - Calendar

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
2020 29.5% 10.3% 40.5% 40.00%
2019 8.9% 8.8% 31.2% 90.00%
2018 -18.7% -25.8% -15.1% 90.00%
2017 27.1% 22.2% 34.1% 50.00%
2016 1.1% -0.2% 2.6% 60.00%

Total Return Ranking - Trailing

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -4.5% 4.1% 70.00%
1 Yr 14.2% 14.0% 22.0% 90.00%
3 Yr 9.5%* 7.1% 16.6% 40.00%
5 Yr 9.8%* 8.6% 13.8% 40.00%
10 Yr 9.9%* 8.1% 13.5% 44.44%

* Annualized

Total Return Ranking - Calendar

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
2020 29.5% 10.3% 40.5% 40.00%
2019 8.9% 8.8% 31.2% 90.00%
2018 -12.6% -25.8% -12.6% 10.00%
2017 32.6% 22.2% 40.1% 40.00%
2016 4.4% 0.9% 4.4% 10.00%

NAV & Total Return History


MIPIX - Holdings

Concentration Analysis

MIPIX Category Low Category High MIPIX % Rank
Net Assets 5.44 B 3.44 M 8.81 B 46.15%
Number of Holdings 82 68 2439 61.54%
Net Assets in Top 10 1.57 B 783 K 1.57 B 15.38%
Weighting of Top 10 27.55% 15.2% 33.9% 38.46%

Top 10 Holdings

  1. Minth Group Ltd 6.24%
  2. Minth Group Ltd 6.24%
  3. Minth Group Ltd 6.24%
  4. Minth Group Ltd 6.24%
  5. Minth Group Ltd 6.24%
  6. Minth Group Ltd 6.24%
  7. Minth Group Ltd 6.24%
  8. Minth Group Ltd 6.24%
  9. Minth Group Ltd 6.24%
  10. Minth Group Ltd 6.24%

Asset Allocation

Weighting Return Low Return High MIPIX % Rank
Stocks
97.58% 78.82% 99.83% 61.54%
Cash
2.42% 0.07% 21.17% 53.85%
Preferred Stocks
0.00% 0.00% 0.00% 15.38%
Other
0.00% 0.00% 0.10% 23.08%
Convertible Bonds
0.00% 0.00% 0.00% 15.38%
Bonds
0.00% 0.00% 0.00% 15.38%

MIPIX - Expenses

Operational Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.08% 1.45% 61.54%
Management Fee 0.67% 0.06% 1.00% 53.85%
12b-1 Fee 0.00% 0.00% 0.25% 28.57%
Administrative Fee N/A N/A N/A 72.22%

Sales Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 25.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.73% 4.00% 42.78% 80.00%

MIPIX - Distributions

Dividend Yield Analysis

MIPIX Category Low Category High MIPIX % Rank
Dividend Yield 0.94% 0.00% 0.00% 15.38%

Dividend Distribution Analysis

MIPIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

MIPIX Category Low Category High MIPIX % Rank
Net Income Ratio 0.91% -0.35% 2.42% 60.00%

Capital Gain Distribution Analysis

MIPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

MIPIX - Fund Manager Analysis

Managers

Yu Zhang


Start Date

Tenure

Tenure Rank

Mar 22, 2011

10.53

10.5%

Yu Zhang is a Portfolio Manager at Matthews. He manages the firm’s Asia Dividend and Asia ex Japan Dividend Strategies, and co-manages the China Dividend Strategy. Prior to joining the firm in 2007 as a Research Associate, Yu was an Analyst researching Japanese companies at Aperta Asset Management from 2005 to 2007. Before receiving a graduate degree in the U.S., he was an Associate in the Ningbo, China office of Mitsui & Co., a Japanese general trading firm. Yu received a B.A. in English Language from the Beijing Foreign Studies University, an M.B.A. from Suffolk University and an M.S. in Finance from Boston College. He is fluent in Mandarin.Yu has been a Portfolio Manager of the Matthews Asia Dividend Fund since 2011 and of the Matthews China Dividend Fund since 2012.

Robert Horrocks


Start Date

Tenure

Tenure Rank

Jul 19, 2013

8.21

8.2%

Robert Horrocks is Chief Investment Officer and a Portfolio Manager at Matthews and has been a Matthews Asia Funds Trustee since 2018. He manages the firm’s Asian Growth and Income Strategy and co-manages the Asia Dividend and Asia ex Japan Dividend Strategies. As Chief Investment Officer, Robert oversees the firm’s investment process and investment professionals and sets the research agenda for the investment team.Before joining Matthews in August 2008, Robert was Head of Research at Mirae Asset Management in Hong Kong.

Sherwood Zhang


Start Date

Tenure

Tenure Rank

Apr 30, 2018

3.42

3.4%

Sherwood Zhang is a Portfolio Manager at Matthews. He manages the firm’s China Dividend Strategy and co-manages the Asia Dividend and Asia ex Japan Dividend Strategies. Prior to joining the Matthews in 2011, Sherwood was an analyst at Passport Capital from 2007 to 2010, where he focused on such industries as property and basic materials in China as well as consumer-related sectors. Before earning his M.B.A. in 2007, Sherwood served as a Senior Treasury Officer for Hang Seng Bank in Shanghai and Hong Kong, and worked as a Foreign Exchange Trader at Shanghai Pudong Development Bank in Shanghai. He received his M.B.A. from the University of Maryland and his Bachelor of Economics in Finance from Shanghai University. Sherwood is fluent in Mandarin and speaks conversational Cantonese.Sherwood has been a Portfolio Manager of the Matthews China Dividend Fund since 2014 and of the Matthews Asia Dividend Fund since 2018.

S. Joyce Li


Start Date

Tenure

Tenure Rank

Apr 29, 2020

1.42

1.4%

S. Joyce Li is a Portfolio Manager at Matthews Asia and co-manages the firm's China Dividend, Asia ex Japan Dividend, and Asia Dividend Strategies. Prior to joining Matthews in 2016, she was a Portfolio Manager and Principal at Marvin & Palmer Associates, where she co-managed equity investments in the Asia Pacific markets between 2007 and 2016. Joyce started her investment career as a Senior Investment Associate at Wilmington Trust. Joyce received an MBA with honors from the Wharton School of the University of Pennsylvania and a M.S. in Computer Science from the University of Virginia. She is fluent in Mandarin and Cantonese. She is a CFA charterholder and has been a board director of the CFA Society of San Francisco since 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 14.76 4.26 0.17