Matthews Japan Fund (MJFOX)
The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.
Fund Info
| ISIN | US5771308005 |
|---|---|
| CUSIP | 577130800 |
| Issuer | Matthews Asia Funds |
| Inception Date | Dec 30, 1998 |
| Category | Japan Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
MJFOX has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MJFOX vs. EWJV, MJFOX vs. EWJ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Matthews Japan 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 Japan Fund had a return of 10.75% year-to-date (YTD) and 17.36% in the last 12 months. Over the past 10 years, Matthews Japan Fund had an annualized return of 7.47%, while the S&P 500 had an annualized return of 10.99%, indicating that Matthews Japan Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.75% | 11.18% |
| 1 month | 3.02% | 5.60% |
| 6 months | 16.45% | 17.48% |
| 1 year | 17.36% | 26.33% |
| 5 years (annualized) | 6.16% | 13.16% |
| 10 years (annualized) | 7.47% | 10.99% |
Monthly Returns
The table below presents the monthly returns of MJFOX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.62% | 6.43% | 5.57% | -6.51% | 10.75% | ||||||||
| 2023 | 6.71% | -4.72% | 6.34% | -0.74% | 1.13% | 4.51% | 2.19% | -2.26% | -3.79% | -4.13% | 8.09% | 4.46% | 17.99% |
| 2022 | -9.87% | -3.21% | -3.89% | -8.85% | 3.26% | -10.21% | 6.90% | -5.20% | -9.27% | 3.34% | 11.03% | -3.44% | -27.84% |
| 2021 | -2.02% | -2.54% | -0.91% | -1.09% | 1.06% | -0.29% | -1.09% | 3.73% | 2.70% | 0.08% | -1.31% | 0.19% | -1.67% |
| 2020 | -4.60% | -8.29% | -3.24% | 6.97% | 7.39% | 2.87% | 2.79% | 3.71% | 5.06% | -0.17% | 11.35% | 4.22% | 29.80% |
| 2019 | 6.21% | 3.41% | 2.60% | 2.73% | -5.45% | 3.94% | -0.43% | -1.24% | 3.76% | 3.77% | 2.96% | 1.67% | 26.08% |
| 2018 | 6.51% | -1.79% | 0.59% | -3.86% | 1.52% | -2.54% | 0.21% | -0.54% | 0.50% | -13.28% | 2.15% | -10.05% | -20.12% |
| 2017 | 3.66% | 1.90% | 1.66% | 0.69% | 5.35% | 0.61% | 2.36% | 2.72% | 2.07% | 4.14% | 3.44% | 0.54% | 33.22% |
| 2016 | -5.01% | -1.78% | 7.40% | 0.05% | 2.63% | 3.28% | 1.54% | -4.40% | 6.54% | -1.05% | -6.45% | -1.30% | 0.41% |
| 2015 | 5.16% | 5.33% | 5.98% | 0.70% | -0.16% | 3.62% | -0.10% | -5.32% | -5.40% | 5.82% | 4.73% | -0.37% | 20.83% |
| 2014 | -2.47% | 0.89% | -0.63% | -3.41% | 3.40% | 5.44% | -0.42% | 0.84% | -1.67% | 0.24% | -2.00% | -2.47% | -2.59% |
| 2013 | 2.61% | 2.70% | 8.51% | 10.90% | -6.43% | 2.13% | 2.83% | -3.47% | 11.11% | -0.49% | 0.49% | 0.28% | 34.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MJFOX is 30, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
MJFOX (Matthews Japan Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Matthews Japan Fund (MJFOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Matthews Japan Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $1.07 | $2.75 | $2.57 | $1.86 | $0.77 | $0.94 | $0.22 | $0.00 | $0.08 | $0.24 |
Dividend yield | 0.00% | 0.00% | 7.19% | 12.43% | 10.15% | 8.63% | 4.14% | 3.90% | 1.15% | 0.00% | 0.51% | 1.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Matthews Japan 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $1.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.75 | $2.75 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.57 | $2.57 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.86 | $1.86 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.94 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2013 | $0.24 | $0.24 |
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 Japan 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 Japan Fund was 66.76%, occurring on Apr 14, 2003. Recovery took 3009 trading sessions.
The current Matthews Japan Fund drawdown is 12.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.76% | Apr 3, 2000 | 757 | Apr 14, 2003 | 3009 | Apr 6, 2015 | 3766 |
| -40.35% | Sep 16, 2021 | 273 | Oct 14, 2022 | — | — | — |
| -32.68% | Jan 30, 2018 | 535 | Mar 16, 2020 | 112 | Aug 24, 2020 | 647 |
| -22.98% | Sep 16, 1999 | 80 | Jan 7, 2000 | 57 | Mar 30, 2000 | 137 |
| -15.68% | Jul 2, 2015 | 156 | Feb 12, 2016 | 41 | Apr 13, 2016 | 197 |
Volatility
Volatility Chart
The current Matthews Japan Fund volatility is 5.52%, 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.