Matisse Capital Has $2.78 Million Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Matisse Capital raised its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 37.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 362,000 shares of the company's stock after acquiring an additional 98,192 shares during the period. Japan Smaller Capitalization Fund makes up about 1.4% of Matisse Capital's portfolio, making the stock its 13th biggest holding. Matisse Capital owned approximately 1.03% of Japan Smaller Capitalization Fund worth $2,777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its position in shares of Japan Smaller Capitalization Fund by 727.0% during the 3rd quarter. International Assets Investment Management LLC now owns 38,042 shares of the company's stock worth $315,000 after acquiring an additional 33,442 shares in the last quarter. Mraz Amerine & Associates Inc. bought a new stake in Japan Smaller Capitalization Fund during the third quarter worth $259,000. Hara Capital LLC lifted its stake in Japan Smaller Capitalization Fund by 12.8% during the third quarter. Hara Capital LLC now owns 378,164 shares of the company's stock worth $3,127,000 after purchasing an additional 43,053 shares during the last quarter. RPO LLC boosted its holdings in shares of Japan Smaller Capitalization Fund by 393.6% in the 3rd quarter. RPO LLC now owns 76,345 shares of the company's stock valued at $631,000 after purchasing an additional 60,878 shares in the last quarter. Finally, Landscape Capital Management L.L.C. increased its stake in shares of 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 purchasing an additional 52,526 shares during the last quarter.

Japan Smaller Capitalization Fund Price Performance

Shares of Japan Smaller Capitalization Fund stock traded down $0.02 during trading on Friday, reaching $7.89. 122,270 shares of the company's stock were exchanged, compared to its average volume of 55,963. Japan Smaller Capitalization Fund, Inc. has a 1-year low of $6.89 and a 1-year high of $8.34. The firm's 50-day moving average price is $7.72 and its 200 day moving average price is $7.78.

Japan Smaller Capitalization Fund Increases Dividend

The firm also recently announced 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. This is an increase from Japan Smaller Capitalization Fund's previous annual dividend of $0.27. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 3.3%.

Japan Smaller Capitalization Fund Company 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.