Connect with us

Top Stories

Aberdeen Japan Equity Fund, Inc. Announces Performance Data And Portfolio Composition

Aberdeen Japan Equity Fund, Inc. Announces Performance Data And Portfolio Composition

Aberdeen Japan Equity Fund, Inc. (the “Fund”) (NYSE: JEQ), a closed-end equity fund, announced today its performance data and portfolio composition as of April 30, 2018.

The Fund’s total returns for various periods through April 30, 2018 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

Cumulative as of 04/30/18 Annualized as of 04/30/18
1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years Since
Inception
NAV -2.2 -5.1 0.0 16.7 8.4 10.3 4.6 2.5
Market
Price
-0.9 -4.0 0.4 16.5 8.3 10.0 4.2 2.0
TOPIX 0.6 -2.6 1.6 20.7 9.1 8.5 4.4 3.6

On April 30, 2018, the Fund’s net assets amounted to US$135.8 million and the Fund’s NAV per share was US$10.14.

As of April 30, 2018, the portfolio was invested as follows:

Portfolio Composition Percent of
Net Assets
Consumer Staples 19.1
Industrials 18.7
Consumer Discretionary 14.3
Information Technology 12.4
Health Care 11.3
Materials 9.9
Financials 6.9
Real Estate 3.5
Telecommunications 2.6
Cash 1.3

The Fund’s ten largest equity holdings as of April 30, 2018, representing 38.1% of net assets, were:

Stock Percent of

Net Assets

Shin-Etsu Chemical 5.4
Keyence Corp. 4.8
Shiseido Co. Ltd. 3.8
Sysmex Corp. 3.7
Pigeon Corp. 3.6
Fanuc 3.6
Amada Holdings 3.5
Seven & I Holdings 3.4
Nabtesco Corp. 3.2
Yahoo Japan 3.0

Important Information
Aberdeen Asset Management Inc. (the “Administrator”) has prepared this report based on information sources believed to be accurate and reliable. All reasonable care has been taken to ensure accuracy. However, the figures are unaudited and neither the Fund, the Administrator, Aberdeen Asset Management Asia Limited (the “Investment Manager”), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information.  The Investment Manager and the Administrator are each a subsidiary of Aberdeen Asset Management PLC (“Aberdeen PLC”).

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance.  Past performance is not indicative of future results, current performance may be higher or lower.  Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown.  Inception date July 24, 1992.

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Recommended

Newsletters with Secrets & Analysis. Subscribe Now