Dell falls as soft current quarter guide offsets Q2 beat, full-year outlook lift
In a year marked by significant volatility, Japan Smaller Capitalization Fund Inc. (JOF) has reached a new 52-week high, with shares trading at $8.9. According to InvestingPro data, the fund boasts a modest beta of 0.46, indicating lower volatility compared to the broader market. This milestone reflects a notable uptrend for the closed-end fund, which specializes in Japanese small-cap investments. Over the past year, JOF has delivered a remarkable 20.2% total return, with an even stronger 21.47% gain over the past six months. The fund maintains a competitive P/E ratio of 6.06 and offers a steady 3.55% dividend yield, having maintained dividend payments for 19 consecutive years. This performance is particularly noteworthy given the broader market challenges, suggesting a robust appetite for the growth potential within Japan’s smaller companies. For more detailed insights and analysis, investors can access additional ProTips on InvestingPro.
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