Matthews Asian Growth and Income Fund (MACSX)
The fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying common stock, preferred stock and other equity securities, and convertible securities as well as fixed-income securities, of any duration or quality, including high yield securities (also known as "junk bonds"), of companies located in Asia, which consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region.
Fund Info
| ISIN | US5771302065 |
|---|---|
| CUSIP | 577130206 |
| Issuer | Matthews Asia Funds |
| Inception Date | Sep 11, 1994 |
| Category | Asia Pacific Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Matthews Asian Growth and Income Fund has a high expense ratio of 1.13%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Matthews Asian Growth and Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Matthews Asian Growth and Income Fund had a return of 0.80% year-to-date (YTD) and 1.26% in the last 12 months. Over the past 10 years, Matthews Asian Growth and Income Fund had an annualized return of 1.80%, while the S&P 500 had an annualized return of 10.46%, indicating that Matthews Asian Growth and Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.80% | 5.84% |
| 1 month | -0.24% | -2.98% |
| 6 months | 10.65% | 22.02% |
| 1 year | 1.26% | 24.47% |
| 5 years (annualized) | 0.88% | 11.44% |
| 10 years (annualized) | 1.80% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.22% | 4.57% | 0.71% | |||||||||
| 2023 | -2.83% | -2.91% | 6.00% | 3.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Matthews Asian Growth and Income Fund(MACSX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Matthews Asian Growth and Income Fund (MACSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Matthews Asian Growth and Income Fund granted a 2.71% dividend yield in the last twelve months. The annual payout for that period amounted to $0.34 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.34 | $0.62 | $1.99 | $0.27 | $0.58 | $1.66 | $0.73 | $1.34 | $1.18 | $0.78 | $0.58 |
Dividend yield | 2.71% | 2.73% | 4.98% | 12.36% | 1.52% | 3.68% | 11.91% | 4.16% | 8.97% | 7.39% | 4.35% | 3.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Matthews Asian Growth and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.86 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.44 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 |
| 2013 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Matthews Asian Growth and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Matthews Asian Growth and Income Fund was 48.68%, occurring on Sep 4, 1998. Recovery took 885 trading sessions.
The current Matthews Asian Growth and Income Fund drawdown is 21.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.68% | Aug 11, 1997 | 280 | Sep 4, 1998 | 885 | Mar 4, 2002 | 1165 |
| -44.21% | Dec 7, 2007 | 223 | Oct 27, 2008 | 362 | Apr 7, 2010 | 585 |
| -36.31% | Feb 17, 2021 | 431 | Oct 31, 2022 | — | — | — |
| -27.88% | Jan 21, 2020 | 44 | Mar 23, 2020 | 114 | Sep 2, 2020 | 158 |
| -19.38% | Apr 28, 2015 | 186 | Jan 21, 2016 | 336 | May 22, 2017 | 522 |
Volatility
Volatility Chart
The current Matthews Asian Growth and Income Fund volatility is 3.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.