Matthews Japan Investor
- MJFOX
- Price as of: Jul 30, 2021
-
$23.89
N/A N/A
- Primary Theme
- Japan Equity
- Fund Company
- Matthews Asia Funds
- Share Class
MJFOX - Snapshot
Vitals
- YTD Return -6.7%
- 3 Yr Annualized Return 7.2%
- 5 Yr Annualized Return 9.2%
- Net Assets $1.66 B
- Holdings in Top 10 36.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.95%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 62.03%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA $500
Fund Classification
-
Primary Theme
Japan Equity
- Fund Type Open End Mutual Fund
- Investment Style Japan Stock
MJFOX - Profile
Distributions
- YTD Total Return -6.7%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 9.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.31%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMatthews Japan Fund
-
Fund Family NameMatthews Asia Funds
-
Inception DateDec 31, 1998
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTaizo Ishida
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 the common and preferred stocks of companies located in Japan. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.
MJFOX - Performance
Return Ranking - Trailing
| Period | MJFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -6.7% | -8.8% | 102.1% | 92.11% |
| 1 Yr | 22.4% | 11.8% | 32.7% | 62.16% |
| 3 Yr | 7.2%* | -0.8% | 10.8% | 48.57% |
| 5 Yr | 9.2%* | 4.1% | 14.1% | 77.42% |
| 10 Yr | 9.9%* | 3.3% | 12.7% | 42.31% |
* Annualized
Return Ranking - Calendar
| Period | MJFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 17.5% | -6.2% | 31.2% | 36.11% |
| 2019 | 16.1% | 4.7% | 24.4% | 73.53% |
| 2018 | -23.2% | -25.9% | -6.5% | 93.75% |
| 2017 | 28.1% | 15.8% | 46.8% | 57.14% |
| 2016 | -0.7% | -3.0% | 303.1% | 85.19% |
Total Return Ranking - Trailing
| Period | MJFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -6.7% | -8.8% | 101.1% | 92.11% |
| 1 Yr | 22.4% | 11.8% | 32.7% | 59.46% |
| 3 Yr | 7.2%* | -0.8% | 10.8% | 48.57% |
| 5 Yr | 9.2%* | 4.1% | 14.1% | 77.42% |
| 10 Yr | 9.9%* | 3.3% | 12.7% | 42.31% |
* Annualized
Total Return Ranking - Calendar
| Period | MJFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 17.5% | -6.2% | 31.2% | 36.11% |
| 2019 | 16.1% | 4.7% | 24.4% | 73.53% |
| 2018 | -20.1% | -25.9% | -6.5% | 87.50% |
| 2017 | 33.2% | 15.8% | 50.3% | 17.86% |
| 2016 | 0.4% | -3.0% | 11.7% | 77.78% |
NAV & Total Return History
MJFOX - Holdings
Concentration Analysis
| MJFOX | Category Low | Category High | MJFOX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.66 B | 3.51 M | 11.3 B | 10.00% |
| Number of Holdings | 54 | 30 | 1750 | 80.00% |
| Net Assets in Top 10 | 589 M | 404 K | 2.5 B | 7.50% |
| Weighting of Top 10 | 36.18% | 3.9% | 54.9% | 22.50% |
Top 10 Holdings
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
- Shin-Etsu Chemical Co Ltd 5.46%
Asset Allocation
| Weighting | Return Low | Return High | MJFOX % Rank | |
|---|---|---|---|---|
| Stocks | 96.36% | 93.17% | 100.02% | 90.00% |
| Cash | 3.64% | -0.02% | 6.83% | 10.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 10.00% |
| Other | 0.00% | 0.00% | 0.02% | 20.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 10.00% |
| Bonds | 0.00% | -0.19% | 0.04% | 12.50% |
MJFOX - Expenses
Operational Fees
| MJFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.95% | 0.01% | 2.06% | 32.50% |
| Management Fee | 0.67% | 0.09% | 0.90% | 55.00% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.00% |
| Administrative Fee | N/A | 0.15% | 0.20% | 62.50% |
Sales Fees
| MJFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
| MJFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | 6.25% |
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.
| MJFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 62.03% | 4.00% | 136.00% | 91.67% |
MJFOX - Distributions
Dividend Yield Analysis
| MJFOX | Category Low | Category High | MJFOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.56% | 0.00% | 0.08% | 14.63% |
Dividend Distribution Analysis
| MJFOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MJFOX | Category Low | Category High | MJFOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.31% | -0.37% | 3.29% | 81.08% |
Capital Gain Distribution Analysis
| MJFOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 12, 2018 | $0.060 |
| Dec 06, 2017 | $0.214 |
| Dec 07, 2016 | $0.165 |
| Dec 11, 2014 | $0.080 |
| Dec 12, 2013 | $0.243 |
| Dec 13, 2012 | $0.013 |
| Dec 08, 2011 | $0.222 |
| Dec 09, 2010 | $0.490 |
| Dec 09, 2009 | $0.309 |
| Dec 22, 2005 | $0.030 |
| Dec 07, 2004 | $0.014 |
| Dec 07, 2001 | $0.272 |
| Dec 07, 2000 | $0.373 |
MJFOX - Fund Manager Analysis
Managers
Taizo Ishida
Start Date
Tenure
Tenure Rank
Sep 29, 2006
14.76
14.8%
Taizo Ishida is a Portfolio Manager at Matthews. He manages the firm’s Asia Growth, Emerging Asia, and Japan Strategies. Prior to joining Matthews in 2006, Taizo spent six years on the global and international teams at Wellington Management Company as a Vice President and Portfolio Manager. From 1997 to 2000, he was a Senior Securities Analyst and a member of the international investment team at USAA Investment Management Company. From 1990 to 1997, he was a Principal and Senior Research Analyst at Sanford Bernstein & Co.
Shuntaro Takeuchi
Start Date
Tenure
Tenure Rank
Jan 22, 2019
2.44
2.4%
Shuntaro Takeuchi is a Portfolio Manager at Matthews and co-manages the firm’s Japan Strategy. Prior to joining the firm in 2016 as a Senior Research Analyst, he was an Executive Director for Japan Equity Sales at UBS Securities LLC in New York. Beginning in 2003, he worked on both Japanese Equity and International Equity Sales at UBS Japan Securities, based in Tokyo, and held the position of Special Situations Analyst from 2006 to 2008, and Head of International Equity Sales from 2009 to 2013. Before that, he worked at Merrill Lynch Japan from 2001 to 2003 in U.S. Equity Sales. Shuntaro received a B.A. in Commerce and Management from Hitotsubashi University in Tokyo. He is fluent in Japanese. Shuntaro has been a Portfolio Manager of the Matthews Japan Fund since 2019.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 23.51 | 5.99 | 2.32 |