Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) is City of London Investment Management Co. Ltd.’s 10th Largest Position

City of London Investment Management Co. Ltd. boosted its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 8.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,903,167 shares of the company’s stock after acquiring an additional 395,290 shares during the period. Japan Smaller Capitalization Fund accounts for about 3.2% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 10th largest position. City of London Investment Management Co. Ltd.’s holdings in Japan Smaller Capitalization Fund were worth $37,166,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JOF. Karpus Management Inc. raised its position in shares of Japan Smaller Capitalization Fund by 3.5% during the 4th quarter. Karpus Management Inc. now owns 1,065,494 shares of the company’s stock valued at $8,087,000 after purchasing an additional 36,012 shares during the period. Wolverine Asset Management LLC raised its holdings in Japan Smaller Capitalization Fund by 9,241.9% during the second quarter. Wolverine Asset Management LLC now owns 87,627 shares of the company’s stock valued at $664,000 after acquiring an additional 86,689 shares during the period. 1607 Capital Partners LLC lifted its position in shares of Japan Smaller Capitalization Fund by 3.8% in the fourth quarter. 1607 Capital Partners LLC now owns 5,053,077 shares of the company’s stock valued at $38,353,000 after acquiring an additional 186,259 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Japan Smaller Capitalization Fund by 3.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 56,006 shares of the company’s stock worth $425,000 after acquiring an additional 1,867 shares during the period. Finally, Weiss Asset Management LP purchased a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter worth about $81,000.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF opened at $7.94 on Monday. The business’s 50 day moving average is $7.77 and its 200 day moving average is $7.75. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $6.64 and a 12-month high of $8.09.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.