Address And Details

711 High St , Des Moines, IA 50392
Fund Manager Randy Welch
Manager Tenure 12 Years 4 Months

Strategy And Objective

Total return with an emphasis on providing current income. Under normal market conditions, the Matthews Asia Dividend Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in Asia. The Fund may also invest in convertible debt and equity securities of any maturity and quality, including those that are unrated, or would be below investment grade if rated, of companies located in Asia. Asia consists of all countries and markets in Asia, and includes developed, emerging, and frontier countries and markets in the Asian region. A company or other issuer is considered to be located in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region. Matthews currently makes that determination based primarily on one or more of the following criteria: (A) with respect to a company or issuer, whether (i) it is organized under the laws of that country or any country in that region; (ii) it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed, or has at least 50% of its assets located, within that country or region; (iii) it has the primary trading markets for its securities in that country or region; (iv) it has its principal place of business in or is otherwise headquartered in that country or region; or (v) it is a governmental entity or an agency, instrumentality or a political subdivision of that country or any country in that region; and (B) with respect to an instrument or issue, whether (i) its issuer is headquartered or organized in that country or region; (ii) it is issued to finance a project with significant assets or operations in that country or region; (iii) it is principally secured or backed by assets located in that country or region; (iv) it is a component of or its issuer is included in a recognized securities index for the country or region; or (v) it is denominated in the currency of an Asian country and addresses at least one of the other above criteria. The term located and the associated criteria listed above have been defined in such a way that Matthews has latitude in determining whether an issuer should be included within a region or country. The Fund may also invest in depositary receipts, including American, European and Global Depositary Receipts.

Net Asset Value

as of 5:56 PM ET 10/18/2021

Performance

  • 1 Week
  • +2.79%
  • 1 Month
  • -0.80%
  • 3 Months
  • +5.46%
  • 1 Yr Return
  • +19.44%
  • 5 Yr Return
  • +75.26%

Equity Sector Breakdown

Technology 23.79%
Health 17.97%
IndustrialCyclical 13.32%
Services 9.63%
Finance 8.54%
NonDurables 6.94%
RetailTrade 6.60%
ConsumerDurables 1.83%
Energy 0.52%
Utilities 0.05%

Asset Allocation

Asset Type % Of Allocation
Stocks 97.45%
ForeignStocks 1.65%
Other 0.17%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 284.55 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.82 1.01 -0.82
Beta 1.16 1.14 1.16
R Squared 0.80 0.76 0.72
Std Deviation 24.60 20.06 18.13
Sharpe Ratio 0.77 1.04 n/a

Purchase Information

as of 5:38 PM ET 10/15/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +32.61%
  • +32.61%
+32.61% +32.61%
3 Year
  • +16.59%
  • +16.59%
+16.59% +16.59%
10 Year
  • +17.74%
  • +17.74%
+17.74% +17.74%
Life Of Fund
  • +8.68%
  • +8.68%
+8.68% +8.68%

Top 10 Holdings

Symbol Company Name % Of Assets
LSCC LATTICE SEMICONDUCTOR CORP 1.28%
WK WORKIVA INC 1.20%
EYE NATIONAL VISION HOLDINGS INC 1.20%
CRL CHARLES RIVER LABORATORIES IN 1.11%
G GENPACT LTD 1.06%
VRNS VARONIS SYSTEMS INC 1.05%
RPD RAPID7 INC 1.04%
NEO NEOGENOMICS INC 1.01%
DOVA DOVA PHARMACEUTICALS INC 0.00%
ADRO ADURO BIOTECH INC 0.00%

Recent Articles from TheStreet

No More Tears for Johnson & Johnson?

Johnson & Johnson Stock Gains As Vaccine Sales Boost Q3 Earnings, 2021 Forecasts

Johnson & Johnson said it sees 2021 vaccine sales of $2.5 billion, with overall revenues rising to between $94.1 billion to $94.6 billion, following its Q# earnings beat.

Stock Market Lead

Stocks Gain, SEC GameStop Report, Rent The Runway IPO - 5 Things You Must Know

Stocks edge higher ahead of earnings; SEC says GameStop surge powered by believers; FDA set to approve "mix & match' COVID boosters; DraftKings faces Entain bid deadline and Rent the Runway seeks $1.3 billion valuation in Nasdaq IPO.

How Joe Biden's Victory Could Entice Wall Street To Increase Investments In Chinese Markets

Here’s a Rare Tip: Invest In Good Companies

Paul Price says the trick is to find undervalued and overlooked names.