Japan Smaller Capitalization Fund posts 9% NAV total return for six months ended August 31
JOF•Japan Smaller Capitalization Fund’s NAV total return was 9% for the six months ended August 31, 2026, beating its benchmark by 7.6 percentage points. Its market-price return was 7%, and shares closed at a 12.1% discount to NAV.
1. Six-month performance
Japan Smaller Capitalization Fund’s NAV return reached 9% for the six months ended August 31, 2026, outperforming the Russell/Nomura Small Cap Index, which gained 1.4%, by 7.6 percentage points. The fund’s market-price return was 7%. Its shares closed at $12.63, a 12.1% discount to NAV, with net assets of $366.52 million and NAV per share of $14.37.
2. Quarterly return
For the quarter ended August 31, 2026, the fund’s NAV return was 11.4%, beating its benchmark by 7.3 percentage points.
