abrdn Japan Equity Fund:JEQ

    Manage Alerts

    Overview

    As of 1/29/2025

     Share
    Price    		NAVPremium/
    Discount
    Current$5.80$6.92-16.18%
    52 Wk Avg$5.96$7.12-16.31%
    52 Wk High$6.39$7.59-14.43%
    52 Wk Low$5.27$6.47-18.56%
    Regular Distribution Type†Managed Distribution
    Distribution Rate8.28%
    Distribution Amount$0.1200
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To outperform over the long term, on a total return basis (including appreciation and dividends), the sectors of the Tokyo Stock Price Index ('TOPIX'), a composite market-capitalization weighted index of all common stocks listed on the First or Second Section of the ('TSE') or listed on the over-the-counter market in Japan or listed on other stock exchanges in Japan.The Fund seeks to achieve its investment objective by investing substantially all of its assets, but under normal circumstances at least 80% of its assets, in equity securities of companies listed on the TSE or listed on other stock exchanges in Japan.

    Capital Structure

    As of 1/29/2025

    Total Investment Exposure:$106.852M
    Total Common Assets:$96.873M
    Common Shares Outstanding:13,999,038
    Leverage

    As of 1/29/2025

    Preferred Share Assets:
    Total Debt (USD): $9.979M
    Regulatory Leverage (USD): $9.979M
    Effective Leverage (USD): $9.979M
    Effective Leverage (%): 9.34%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.10%
    Fund Management

    Fund Sponsor
    abrdn Inc.

    Portfolio Managers
    Flavia Cheong, Christina Woon, Hugh Young, Ai Mee Gan

    Basics
    Category: Equity-Asia Equity
    Ticker: JEQ
    NAV Ticker: XJEQX
    Average Daily Volume (shares): 41,496
    Average Daily Volume (USD): $0.246M
    Inception Date: 7/24/1992
    Inception Share Price: $10.00
    Inception NAV: $9.40
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 1/29/2025

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 10/31/2024    		 $0.0357
    Annualized Distribution Rate on NAV:
    As of 1/29/2025    		6.94%
    Total Return on NAV (12 months):
    As of 1/29/2025    		7.30%
    Total % Portfolio Effectively Leveraged:
    As of 1/29/2025     		9.34%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 1/30/2025

    PeriodAvg Discount
    6 Month-16.32%
    1 Year-16.31%
    3 Year-14.69%
    5 Year-14.68%
    Z-Score

    As of 1/29/2025

    PeriodZStat
    3 Month0.54
    6 Month0.20
    1 Year0.16
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/31/2024
    Category: Morningstar US CEF Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD8.38%7.30%9.65%10.72%
    20248.38%7.30%9.65%10.72%
    202317.06%16.51%10.74%9.26%
    2022-29.82%-27.99%-23.26%-21.26%
    2021-3.57%-6.15%5.48%3.84%
    202026.95%26.57%22.86%21.82%
    201923.85%23.03%19.77%17.57%
    2018-20.74%-19.51%-13.67%-15.54%
    201728.99%25.65%41.49%33.70%
    2016-0.26%3.36%4.08%4.04%
    201518.29%11.73%-6.16%-4.97%
    2014-2.20%3.77%9.13%9.11%
    201328.18%24.44%3.25%9.20%
    201212.71%11.16%  
    2011-17.46%-16.04%  
    201017.89%14.56%  
    20096.42%4.63%  
    2008-32.36%-27.10%  
    2007-12.74%-9.60%  
    2006-5.83%4.24%  
    200538.52%28.00%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/31/2024
    Category: Morningstar US CEF Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2024    		78
    Annual Portfolio Turnover:
    As of 10/31/2024    		45.00%
    Asset Allocation

    As of 12/31/2024

    Top Sectors

    As of 12/31/2024

    Sector%Portfolio
    Sensitive (Super Sector)50.41%
    Cyclical (Super Sector)30.90%
    Industrials23.87%
    Defensive (Super Sector)18.66%
    Technology18.59%
    Financial Services13.27%
    Consumer Defensive12.16%
    Consumer Cyclical10.80%
    Communication Services7.96%
    Healthcare6.50%
    Top Holdings

    As of 12/31/2024

    HoldingValue% Portfolio
    Mitsubishi UFJ Financial Group Inc$5.96M5.56%
    Hitachi Ltd$4.40M4.10%
    Toyota Motor Corp$4.23M3.94%
    Pan Pacific International Holdings Corp$3.90M3.64%
    Tokio Marine Holdings Inc$3.75M3.50%
    Sony Group Corp$3.62M3.38%
    Keyence Corp$2.68M2.50%
    KDDI Corp$2.67M2.49%
    Fuji Electric Co Ltd$2.66M2.48%
    NEC Corp$2.52M2.36%
    Country Allocation

    As of 12/31/2024

    Country% Portfolio
    Japan - Equity99.97%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

    Powered by Morningstar

    View Morningstar Notice and Disclaimer