Japan Smaller Capitalization Fund, Inc. Declares Ordinary Income Distribution Payable on December 30, 2013
December 14, 2013 at 03:00 am IST
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Japan Smaller Capitalization Fund Inc. announced that it would make an ordinary income distribution of $0.199 per share to shareholders of record on December 23, 2013. The ex-dividend date is December 19, 2013. The distribution is payable on December 30, 2013.
Japan Smaller Capitalization Fund, Inc. (the Fund) is a closed-end management investment company. The Fundâs investment objective is to seek long-term capital appreciation through investments primarily in smaller capitalization Japanese equity securities. The Fundâs investment policy is to invest, under normal market conditions, at least 80% of its total assets in smaller capitalization Japanese equity securities traded on the Tokyo, Nagoya, Fukuoka and Sapporo Stock Exchanges and included or traded on other indices or markets, as applicable, determined by the investment adviser to be appropriate indices or markets, for smaller capitalization companies in Japan. The Fund invests in various sectors, which include retail trade, chemicals, banks, wholesale trade, iron and steel, information and communication, transportation equipment, glass and ceramics products, pharmaceutical, metal products and others. The Fund's investment advisor is Nomura Asset Management Co., Ltd.