Matthews International Funds Matthews Asia Dividend Active ETFMatthews International Funds Matthews Asia Dividend Active ETFMatthews International Funds Matthews Asia Dividend Active ETF

Matthews International Funds Matthews Asia Dividend Active ETF

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Key stats


Assets under management (AUM)
‪3.21 M‬USD
Fund flows (1Y)
‪1.60 M‬USD
Dividend yield (indicated)
2.54%
Discount/Premium to NAV
1.0%
Shares outstanding
‪100.00 K‬
Expense ratio
0.79%

About Matthews International Funds Matthews Asia Dividend Active ETF


Issuer
Matthews International Capital Management LLC
Brand
Matthews
Inception date
Sep 22, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Matthews International Capital Management LLC
Distributor
Foreside Funds Distributors LLC
ADVE actively invests in dividend-paying companies in Asia, including developed, emerging, and frontier markets. It seeks to provide a higher level of current income than the typical yield in Asian equity markets over the long term. To achieve its objective of total return with an emphasis on current income, the fund looks for companies that exhibit attractive dividend yields and the ability to pay increasing dividends. The fund typically holds large- and mid-cap stocks but may invest in companies of any size. To measure a companys size, the fund adviser uses fundamental criteria such as market capitalization, book value, revenues, profits, cash flow, dividend payments, and number of employees. The fund may hold depositary receipts and may invest up to 20% of its assets in convertible debt of any maturity and credit quality.

Classification


Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Active
Geography
Asia-Pacific
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 31, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Technology Services
Stocks94.77%
Finance24.86%
Electronic Technology12.28%
Technology Services10.49%
Consumer Durables7.63%
Consumer Non-Durables6.41%
Utilities4.67%
Health Technology3.97%
Consumer Services3.63%
Communications3.49%
Distribution Services3.33%
Producer Manufacturing3.18%
Retail Trade2.61%
Health Services1.94%
Energy Minerals1.69%
Industrial Services1.62%
Process Industries1.57%
Transportation1.41%
Bonds, Cash & Other5.23%
Cash3.35%
Mutual fund1.88%
Stock breakdown by region
9%13%77%
Asia77.19%
North America13.75%
Oceania9.06%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows