Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

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 04/30/18Annualized as of 04/30/18
1 Month3 MonthYTD1 Year3 Years5 Years10 YearsSince
Inception
NAV-2.2-5.10.016.78.410.34.62.5
Market
Price
-0.9-4.00.416.58.310.04.22.0
TOPIX0.6-2.61.620.79.18.54.43.6

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 CompositionPercent of
Net Assets
Consumer Staples19.1
Industrials18.7
Consumer Discretionary14.3
Information Technology12.4
Health Care11.3
Materials9.9
Financials6.9
Real Estate3.5
Telecommunications2.6
Cash1.3

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 Chemical5.4
Keyence Corp.4.8
Shiseido Co. Ltd.3.8
Sysmex Corp.3.7
Pigeon Corp.3.6
Fanuc3.6
Amada Holdings3.5
Seven & I Holdings3.4
Nabtesco Corp.3.2
Yahoo Japan3.0

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.