JOF: Probably Still Discounted, But Domestic Exposure Amid Yen Concerns

Japan Smaller Capitalization Fund offers small-cap Japan exposure but faces higher expense ratios and more domestic, yen-denominated risk than broader index funds. JOF's portfolio includes both domestic and export-oriented businesses, but its foreign market exposure is less than the broader index which can be accessed cheaply. Despite similar ROE and sales growth to category averages, JOF trades at ~30% lower PE and P/B, suggesting a value case exists.

Seeking Alpha • Dec 3, 2025

Japan Smaller Capitalization Fund, Inc. Announces Monthly Distributions for January, February and March 2026 Under Its Level Distribution Plan

NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount January 15, 2026 January 15, 2026 January 30, 2026 $0.0887 February 16, 2026 February 16, 2026 February 27, 2026 $0.0887 March 16, 2026 March 16, 2026 March 31, 2026 $0.0887 The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month. Distributions will be made primarily in cash but under the Fund's dividend-reinvestment plan, distributions will be made in Fund shares unless a shareholder has elected to receive cash.

GlobeNewsWire • Nov 21, 2025

JOF: A Lower PBR Bet Than DFJ

Japan Smaller Capitalization Fund offers aggressive exposure to low PBR Japanese small/mid-caps, benefiting from improving capital allocation trends. JOF's recent NAV performance is strong, with 1-year and 3-year returns of 26.33% and 20.6%, respectively, outpacing its benchmark. It's even better when considering closed NAV discounts. The fund's 1.3% expense ratio is high, but you are getting a more difficult fund exposure, particularly in low PBR investments.

Seeking Alpha • Sep 22, 2025

Japan Smaller Capitalization Fund, Inc. Announces Monthly Distributions for October, November and December 2025 Under Its Level Distribution Plan

NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount October 15, 2025 October 15, 2025 October 31, 2025 $0.0887 November 14, 2025 November 14, 2025 November 28, 2025 $0.0887 December 15, 2025 December 15, 2025 December 31, 2025 $0.0887 The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month.

GlobeNewsWire • Sep 12, 2025

JOF: Benefits Of Investing In Smaller Companies At A Discount To NAV

Japan's economy has been resilient amid export shocks and rising inflation. Growth will be moderate in 2025 and 2026. Japanese small caps stand out in the market based on valuation and financials. JOF is an excellent vehicle to accumulate during dips. However, the current discount is only mildly appealing following the massive 2025 bull run.

Seeking Alpha • Sep 8, 2025

Japan Smaller Capitalization Fund, Inc. Announces Annual Meeting of Shareholders

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its annual meeting of shareholders (the “Meeting”) at the offices of Nomura Asset Management U.S.A.

GlobeNewsWire • Sep 3, 2025

JOF: The Wide Discount To NAV Looks Set To Reduce

Japan Smaller Capitalization Fund which is a Japanese small-cap oriented CEF, has outperformed the US markets and global markets by 2.5-4x this year. Conditions for Japanese industrials look relatively healthy, although Trump's threat to impose a tariff of 30-35% doesn't bode well. The fund's wide NAV discount (averaging 18.5% over the past 5 years) may narrow, thanks to a new level distribution plan and potential share buybacks, boosting investor appeal.

Seeking Alpha • Jul 4, 2025

Japan Smaller Capitalization Fund, Inc. Announces Initiatives to Enhance Shareholder Value

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today announced that its Board of Directors (the “Board”) has approved two initiatives aimed at addressing the Fund's trading discount. These initiatives include a level distribution plan and a conditional tender offer.

GlobeNewsWire • Jun 6, 2025

Japan Smaller Capitalization Fund, Inc. Declares $0.3118 Ordinary Income Distribution

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.3118 per share payable on December 27, 2024 to shareholders of record on December 19, 2024. The ex-dividend date will be December 19, 2024.

GlobeNewsWire • Dec 9, 2024

Japan Smaller Capitalization Fund, Inc. Announces Change to Deputy Portfolio Manager

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Nomura Asset Management U.S.A. Inc. (“NAM-USA”), the manager of Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announces that Hiroaki Tanaka of Nomura Asset Management Co., Ltd.

GlobeNewsWire • May 2, 2024