Aberdeen Japan Equity Fund, Inc. Announces Distribution, Payable on January 8, 2018
December 19, 2017 at 05:00 pm EST
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Aberdeen Japan Equity Fund, Inc. announced that it will pay a distribution of USD 0.48029 per share on January 8, 2018 to all stockholders of record as of December 29, 2017. This distribution is comprised of USD 0.05851 per share of net investment income and USD 0.42178 per share of net realized long-term capital gains.
abrdn Japan Equity Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to outperform over the long term, on a total return basis (including appreciation and dividends), the Tokyo Stock Price Index (TOPIX). The Fund seeks to achieve its investment objective by investing substantially all of its assets, but under normal circumstances at least 80% of its assets, in equity securities of companies listed on the Tokyo Stock Exchange (TSE) or listed on the over-the-counter market in Japan or listed on other stock exchanges in Japan. The Fund invests in various sectors, including consumer discretionary, industrials, information technology, healthcare, financials, materials, communication services, consumer staples, real estate, and short-term investment. abrdn Asia Limited is the investment manager of the Fund.