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Stock impact report

JOF: A Lower PBR Bet Than DFJ [Seeking Alpha]

Japan Smaller Capitalization Fund Inc (JOF) 
US:NYSE Investor Relations: wisdomtree.com/etfs/equity/dfj
Company Research Source: Seeking Alpha
JOF's recent NAV performance is strong, with 1-year and 3-year returns of 26.33% and 20.6%, respectively, outpacing its benchmark. It's even better when considering closed NAV discounts. The fund's 1.3% expense ratio is high, but you are getting a more difficult fund exposure, particularly in low PBR investments. While JOF is a solid option, there are other funds that target companies where considerable improvements in capital allocation can be made for low-risk but high-rate returns (dependent on activism). Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More » tawatchaiprakobkit/iStock via Getty Images The Japan Smaller Capitalization Fund ( NYSE: JOF ) is, to our understanding, a closed-end fund from Nomura ( NMR ) with a solid history of performance even net of fees. While past performance means nothing for future More on my IG service Thanks to our global coverage, we've ramped up ou Show less Read more
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