Pekin Hardy Strauss Inc. Purchases 106,068 Shares of Japan Smaller Capitalization Fund, Inc. $JOF

Pekin Hardy Strauss Inc. boosted its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 116.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 197,467 shares of the company’s stock after acquiring an additional 106,068 shares during the quarter. Pekin Hardy Strauss Inc. owned 0.56% of Japan Smaller Capitalization Fund worth $2,081,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in JOF. Bank of America Corp DE increased its stake in shares of Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after purchasing an additional 3,038 shares during the last quarter. Shaker Financial Services LLC lifted its stake in Japan Smaller Capitalization Fund by 45.9% in the 2nd quarter. Shaker Financial Services LLC now owns 97,575 shares of the company’s stock valued at $941,000 after purchasing an additional 30,699 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Japan Smaller Capitalization Fund by 0.8% during the second quarter. Lazard Asset Management LLC now owns 2,320,298 shares of the company’s stock worth $22,367,000 after purchasing an additional 19,460 shares during the period. Allspring Global Investments Holdings LLC increased its position in Japan Smaller Capitalization Fund by 9.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company’s stock worth $57,842,000 after buying an additional 454,000 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in Japan Smaller Capitalization Fund by 26.5% during the third quarter. Blue Bell Private Wealth Management LLC now owns 73,306 shares of the company’s stock worth $773,000 after buying an additional 15,360 shares during the last quarter.

Japan Smaller Capitalization Fund Stock Down 0.2%

JOF opened at $12.18 on Friday. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $7.43 and a 12-month high of $12.38. The business has a 50 day moving average of $11.32 and a 200-day moving average of $10.79.

Japan Smaller Capitalization Fund Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.