MIPIX: Matthews Asia Dividend Instl

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MIPIX Matthews Asia Dividend Instl


Profile

MIPIX - Profile

Vitals

  • YTD Return -8.4%
  • 3 Yr Annualized Return -4.5%
  • 5 Yr Annualized Return -1.8%
  • Net Assets $3.75 B
  • Holdings in Top 10 28.9%

52 WEEK LOW AND HIGH

$16.01
$12.71
$17.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.32%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -8.4%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

MIPIX - Fund Company Quick Screens


Performance

MIPIX - Performance

Return Ranking - Trailing

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.4% -42.4% 8.6% 43.04%
1 Yr -0.6% -49.9% 22.1% 52.01%
3 Yr -4.5%* -30.2% 23.0% 77.64%
5 Yr -1.8%* -21.5% 20.1% 63.02%
10 Yr N/A* -8.5% 17.2% 20.14%

* Annualized

Return Ranking - Calendar

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
2019 8.9% -22.7% 66.4% 92.80%
2018 -18.7% -64.5% 6.7% 78.32%
2017 27.1% -38.9% 80.9% 3.78%
2016 1.1% -26.1% 25.7% 83.19%
2015 0.6% -45.6% 13.2% 3.66%

Total Return Ranking - Trailing

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.4% -42.4% 8.6% 43.04%
1 Yr -0.6% -49.9% 22.1% 52.01%
3 Yr -0.8%* -25.1% 23.0% 65.05%
5 Yr 1.8%* -20.9% 20.1% 52.28%
10 Yr N/A* -6.7% 17.2% 37.41%

* Annualized

Total Return Ranking - Calendar

Period MIPIX Return Category Return Low Category Return High Rank in Category (%)
2019 8.9% -21.6% 66.4% 92.80%
2018 -12.6% -64.5% 6.7% 54.71%
2017 32.6% -20.0% 80.9% 3.13%
2016 4.4% -23.9% 32.0% 76.53%
2015 3.9% -45.6% 13.2% 2.40%

NAV & Total Return History


Holdings

MIPIX - Holdings

Concentration Analysis

MIPIX Category Low Category High MIPIX % Rank
Net Assets 3.75 B 32.2 K 99.6 B 10.52%
Number of Holdings 86 1 9854 14.27%
Net Assets in Top 10 1.55 B -97.9 M 28.3 B 16.59%
Weighting of Top 10 28.89% 9.8% 109.6% 88.78%

Top 10 Holdings

  1. Minth Group Ltd 4.45%
  2. Hyundai Mobis Co Ltd 3.60%
  3. Anritsu Corp 3.08%
  4. Hoya Corp 2.85%
  5. Taiwan Semiconductor Manufacturing Co Ltd 2.74%
  6. MISUMI Group Inc 2.58%
  7. Shenzhou International Group Holdings Ltd 2.50%
  8. Taiwan Semiconductor Manufacturing Co Ltd ADR 2.47%
  9. AIA Group Ltd 2.36%
  10. NTT DOCOMO Inc 2.26%

Asset Allocation

Weighting Return Low Return High MIPIX % Rank
Stocks
99.17% 80.11% 259.02% 5.35%
Cash
0.83% -108.02% 17.75% 85.06%
Preferred Stocks
0.00% 0.00% 9.79% 62.07%
Other
0.00% -2.38% 73.59% 74.63%
Convertible Bonds
0.00% 0.00% 8.12% 70.43%
Bonds
0.00% -235.37% 31.52% 78.85%

Stock Sector Breakdown

Weighting Return Low Return High MIPIX % Rank
Consumer Cyclical
23.56% 0.00% 32.90% 0.98%
Consumer Defense
15.81% 0.00% 32.33% 2.62%
Technology
14.25% 0.00% 51.17% 81.51%
Industrials
11.69% 0.00% 47.20% 34.23%
Communication Services
9.95% 0.00% 68.40% 16.90%
Financial Services
7.91% 0.00% 49.38% 87.92%
Real Estate
6.67% 0.00% 43.71% 29.96%
Healthcare
6.21% 0.00% 54.60% 87.80%
Basic Materials
2.72% 0.00% 36.18% 81.09%
Utilities
1.22% 0.00% 83.02% 90.60%
Energy
0.00% 0.00% 85.32% 95.36%

Stock Geographic Breakdown

Weighting Return Low Return High MIPIX % Rank
Non US
97.12% 16.60% 207.18% 1.77%
US
2.05% -0.49% 77.34% 97.01%

Expenses

MIPIX - Expenses

Operational Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.01% 45.88% 47.74%
Management Fee 0.66% 0.00% 1.50% 72.83%
12b-1 Fee 0.00% 0.00% 1.00% 3.46%
Administrative Fee N/A 0.01% 0.70% 72.22%

Sales Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MIPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 30.32% 0.00% 614.00% 50.41%

Distributions

MIPIX - Distributions

Dividend Yield Analysis

MIPIX Category Low Category High MIPIX % Rank
Dividend Yield 0.00% 0.00% 30.22% 24.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MIPIX Category Low Category High MIPIX % Rank
Net Income Ratio 1.80% -7.55% 13.14% 38.46%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MIPIX - Fund Manager Analysis

Managers

Yu Zhang


Start Date

Tenure

Tenure Rank

Mar 22, 2011

9.12

9.1%

Yu Zhang is a Portfolio Manager at Matthews. 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 Ningo, 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.

Robert Horrocks


Start Date

Tenure

Tenure Rank

Jul 19, 2013

6.79

6.8%

Robert Horrocks is Chief Investment Officer at Matthews International Capital Management, LLC. Before joining Matthews in August 2008, Robert was Head of Research at Mirae Asset Management in Hong Kong. From 2003 to 2006, Robert served as Chief Investment Officer for Everbright Pramerica in China. He started his career as a Research Analyst with WI Carr Securities before moving on to spend eight years working in several different Asian jurisdictions for Schroders.Robert earned his PhD in Chinese Economic History from Leeds University in the United Kingdom, and is fluent in Mandarin.

Sherwood Zhang


Start Date

Tenure

Tenure Rank

Apr 30, 2018

2.0

2.0%

Sherwood Zhang is a Portfolio Manager at Matthews. Prior to joining the firm 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 37.68 4.79 0.33