Commonwealth Japan Fund (CNJFX)
Commonwealth Japan Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Houston, TX, US. The stock last traded at $5.19, up 0.00% on the session, giving a market capitalisation of $8.3M. Its beta of 0.79 implies it has historically moved less than the broad market.
Under typical market conditions, the Commonwealth Japan Fund allocates a minimum of 80% of its net assets to financial instruments from Japanese issuers with significant economic ties to Japan, including securities and various depositary receipts (such as American Depositary Receipts, Global Depositary Receipts, and European Depositary Receipts – ADRs, GDRs, EDRs). The fund also has the flexibility to utilize derivative instruments. These may be employed for any purpose aligned with its investment goals, such as managing risk (hedging), acquiring market exposure, or generating additional income through premiums.
Commonwealth Japan Fund is most often compared with the following Financial Services names: