The Korea Fund, Inc. Declares Distributions, Payable on January 10, 2022
December 17, 2021 at 06:53 pm IST
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The Korea Fund, Inc. declared distributions totaling $9.11001 per share, comprised of a net investment income dividend of $2.04528 per share, a long-term capital gain distribution of $3.37030 per share and a short-term capital gain distribution of $3.69443 per share. The distributions will be payable on January 10, 2022 to shareholders of record on December 27, 2021 with an ex-dividend date of December 23, 2021.
The Korea Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies. The Fund Primarily invests in equity securities listed on the Korea Stock Exchange. The Fund directly invests in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies. It invests in various sectors, including automobile components, biotechnology, chemicals, construction & engineering, consumer staples distribution & retail, electronic equipment, instruments & components, entertainment, food products, industrial conglomerates, interactive media & services, marine transportation, oil, gas & consumable fuels, semiconductors & semiconductors equipment, and others. Its investment adviser is JPMorgan Asset Management (Asia Pacific) Limited.
THE KOREA FUND, INC. 
