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Trending ETFs

MATTHEWS ASIA DIVIDEND FUND

mutual fund
MAPIX
Payout Change
Pending
Price as of:
$15.92 +0.17 +1.08%
primary theme
Asia Pacific Equity
share class
MAPIX (Mutual Fund)

MATTHEWS ASIA DIVIDEND FUND

Payout Change
Pending
Price as of:
$15.92 +0.17 +1.08%
primary theme
Asia Pacific Equity
share class
MAPIX (Mutual Fund)

MATTHEWS ASIA DIVIDEND FUND

Payout Change
Pending
Price as of:
$15.92 +0.17 +1.08%
primary theme
Asia Pacific Equity
share class

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.92

$856 M

1.37%

$0.22

1.10%

Vitals

YTD Return

17.6%

1 yr return

26.5%

3 Yr Avg Return

-4.9%

5 Yr Avg Return

3.6%

Net Assets

$856 M

Holdings in Top 10

30.4%

52 WEEK LOW AND HIGH

$15.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.41%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.92

$856 M

1.37%

$0.22

1.10%

MAPIX - Profile

Distributions

  • YTD Total Return 17.6%
  • 3 Yr Annualized Total Return -4.9%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    MATTHEWS ASIA DIVIDEND FUND
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Oct 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Yu Zhang

MAPIX - Performance

Return Ranking - Trailing

Period MAPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.6% 9.9% 28.3% 50.00%
1 Yr 26.5% 22.8% 37.1% 50.00%
3 Yr -4.9%* -9.5% 3.5% 80.00%
5 Yr 3.6%* 2.1% 9.5% 80.00%
10 Yr 4.2%* 4.1% 8.9% 100.00%

* Annualized

Return Ranking - Calendar

Period MAPIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -3.6% 12.0% 63.64%
2022 -30.1% -34.9% -16.0% 70.00%
2021 -16.3% -18.9% -0.9% 80.00%
2020 29.5% 10.3% 40.5% 30.00%
2019 8.8% 8.8% 31.2% 100.00%

Total Return Ranking - Trailing

Period MAPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.6% 9.9% 28.3% 50.00%
1 Yr 26.5% 22.8% 37.1% 50.00%
3 Yr -4.9%* -9.5% 3.5% 80.00%
5 Yr 3.6%* 2.1% 9.5% 80.00%
10 Yr 4.2%* 4.1% 8.9% 100.00%

* Annualized

Total Return Ranking - Calendar

Period MAPIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.7% -2.7% 15.6% 72.73%
2022 -29.6% -33.1% -13.7% 80.00%
2021 -2.8% -14.7% 3.1% 80.00%
2020 32.1% 12.4% 47.0% 50.00%
2019 11.2% 11.2% 32.2% 100.00%

NAV & Total Return History


MAPIX - Holdings

Concentration Analysis

MAPIX Category Low Category High MAPIX % Rank
Net Assets 856 M 856 K 10 B 50.00%
Number of Holdings 54 41 2455 75.00%
Net Assets in Top 10 213 M 2.4 M 1.77 B 58.33%
Weighting of Top 10 30.39% 16.9% 51.7% 50.00%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 5.78%
  2. Tencent Holdings Ltd 3.64%
  3. HDFC Bank Ltd 3.27%
  4. ITOCHU Corp 3.17%
  5. Tokio Marine Holdings Inc 2.56%
  6. AIA Group Ltd 2.55%
  7. ORIX Corp 2.46%
  8. Suzuki Motor Corp 2.39%
  9. Macquarie Korea Infrastructure Fund 2.30%
  10. Delta Electronics Inc 2.28%

Asset Allocation

Weighting Return Low Return High MAPIX % Rank
Stocks
97.63% 93.74% 99.84% 66.67%
Cash
2.37% 0.16% 2.86% 33.33%
Preferred Stocks
0.00% 0.00% 6.27% 58.33%
Other
0.00% 0.00% 0.01% 58.33%
Convertible Bonds
0.00% 0.00% 0.00% 18.18%
Bonds
0.00% 0.00% 0.00% 16.67%

Stock Sector Breakdown

Weighting Return Low Return High MAPIX % Rank
Consumer Cyclical
21.30% 9.14% 21.30% 9.09%
Financial Services
14.61% 12.24% 21.78% 72.73%
Communication Services
12.35% 5.68% 12.35% 9.09%
Technology
10.72% 10.72% 28.95% 90.91%
Industrials
10.64% 4.08% 17.87% 54.55%
Real Estate
8.87% 0.00% 8.87% 9.09%
Consumer Defense
7.90% 1.01% 7.90% 9.09%
Healthcare
6.85% 4.20% 25.65% 81.82%
Basic Materials
6.77% 1.72% 9.60% 54.55%
Utilities
0.00% 0.00% 1.95% 72.73%
Energy
0.00% 0.00% 3.58% 90.91%

Stock Geographic Breakdown

Weighting Return Low Return High MAPIX % Rank
Non US
95.69% 0.00% 98.98% 50.00%
US
1.94% 0.15% 98.01% 50.00%

MAPIX - Expenses

Operational Fees

MAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.08% 13.45% 25.00%
Management Fee 0.68% 0.06% 1.00% 50.00%
12b-1 Fee 0.00% 0.00% 0.00% 40.00%
Administrative Fee N/A N/A N/A 71.72%

Sales Fees

MAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 23.08%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MAPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.41% 5.00% 47.41% 90.91%

MAPIX - Distributions

Dividend Yield Analysis

MAPIX Category Low Category High MAPIX % Rank
Dividend Yield 1.37% 0.89% 5.20% 91.67%

Dividend Distribution Analysis

MAPIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

MAPIX Category Low Category High MAPIX % Rank
Net Income Ratio 0.80% -0.62% 2.45% 72.73%

Capital Gain Distribution Analysis

MAPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MAPIX - Fund Manager Analysis

Managers

Yu Zhang


Start Date

Tenure

Tenure Rank

Mar 22, 2011

11.2

11.2%

Yu Zhang is a Portfolio Manager at Matthews. He manages the firm’s Asia Dividend and Asia ex Japan Dividend Strategies, and co-manages the China Dividend Strategy. Prior to joining the firm in 2007 as a Research Associate, Yu was an Analyst researching Japanese companies at Aperta Asset Management from 2005 to 2007. Before receiving a graduate degree in the U.S., he was an Associate in the Ningbo, China office of Mitsui & Co., a Japanese general trading firm. Yu received a B.A. in English Language from the Beijing Foreign Studies University, an M.B.A. from Suffolk University and an M.S. in Finance from Boston College. He is fluent in Mandarin.Yu has been a Portfolio Manager of the Matthews Asia Dividend Fund since 2011 and of the Matthews China Dividend Fund since 2012.

Robert Horrocks


Start Date

Tenure

Tenure Rank

Jul 19, 2013

8.87

8.9%

Robert Horrocks is Chief Investment Officer and a Portfolio Manager at Matthews and has been a Matthews Asia Funds Trustee since 2018. He manages the firm’s Asian Growth and Income Strategy and co-manages the Asia Dividend and Asia ex Japan Dividend Strategies. As Chief Investment Officer, Robert oversees the firm’s investment process and investment professionals and sets the research agenda for the investment team.Before joining Matthews in August 2008, Robert was Head of Research at Mirae Asset Management in Hong Kong.

Sherwood Zhang


Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

Sherwood Zhang is a Portfolio Manager at Matthews. He manages the firm’s China Dividend Strategy and co-manages the Asia Dividend and Asia ex Japan Dividend Strategies. Prior to joining the Matthews in 2011, Sherwood was an analyst at Passport Capital from 2007 to 2010, where he focused on such industries as property and basic materials in China as well as consumer-related sectors. Before earning his M.B.A. in 2007, Sherwood served as a Senior Treasury Officer for Hang Seng Bank in Shanghai and Hong Kong, and worked as a Foreign Exchange Trader at Shanghai Pudong Development Bank in Shanghai. He received his M.B.A. from the University of Maryland and his Bachelor of Economics in Finance from Shanghai University. Sherwood is fluent in Mandarin and speaks conversational Cantonese.Sherwood has been a Portfolio Manager of the Matthews China Dividend Fund since 2014 and of the Matthews Asia Dividend Fund since 2018.

S. Joyce Li


Start Date

Tenure

Tenure Rank

Apr 29, 2020

2.09

2.1%

S. Joyce Li is a Portfolio Manager at Matthews Asia and co-manages the firm's China Dividend, Asia ex Japan Dividend, and Asia Dividend Strategies. Prior to joining Matthews in 2016, she was a Portfolio Manager and Principal at Marvin & Palmer Associates, where she co-managed equity investments in the Asia Pacific markets between 2007 and 2016. Joyce started her investment career as a Senior Investment Associate at Wilmington Trust. Joyce received an MBA with honors from the Wharton School of the University of Pennsylvania and a M.S. in Computer Science from the University of Virginia. She is fluent in Mandarin and Cantonese. She is a CFA charterholder and has been a board director of the CFA Society of San Francisco since 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.33 15.42 6.75 6.26