The Korea Fund, Inc. Reports Results For The Fiscal Quarter Ended September 30, 2013

The Korea Fund, Inc. (the "Fund") (NYSE:KF), a non-diversified, closed-end investment company, which seeks long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies, today announced its results for the fiscal quarter ended September 30, 2013.
 
     

At September 30,

2013
   

2012
Net Assets $367,568,717   $407,689,718
Shares Outstanding 8,486,764 (a) 9,368,944
Net Asset Value ("NAV") $43.31 $43.52
Market Price $38.86 $39.56
Discount to NAV (10.27)% (9.10)%
 

Quarter ended September 30,

2013

2012
Net Investment Loss $(898,553) $(1,076,180)
Per Share $(0.10) $(0.12)
Net Realized and Change in Unrealized Gain $41,083,620 $28,675,488
Per Share $4.79 $3.03
 

(a) Under its share repurchase program, the Fund repurchased 202,520 shares for the fiscal quarter ended September 30, 2013.

If you liked this article you might like

How to Crack the Asia/Pacific Investment Code

How to Crack the Asia/Pacific Investment Code

Closed-End Funds Still Scary-Cheap

Closed-End Funds Still Scary-Cheap

Ex-NSA Codebreaker Tries to Crack This Market

Ex-NSA Codebreaker Tries to Crack This Market

How to Play Emerging Markets on the Cheap

How to Play Emerging Markets on the Cheap

Top-Performing Closed-End Funds

Top-Performing Closed-End Funds