Matthews China Dividend Fund Investor Class (MCDFX)
Matthews China Dividend Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $15.47, up 1.38% on the session, giving a market capitalisation of $92.9M. On trailing twelve-month figures it carries a trailing P/E of 55.25, a net margin of 38.8%. Its beta of 0.87 implies it has historically moved less than the broad market.
The primary aim of this investment is to deliver a comprehensive return on capital, with a strong focus on generating ongoing income. Under normal market conditions, the fund pursues this objective by allocating a minimum of 80% of its net assets—a figure that encompasses funds obtained through borrowing for investment—to dividend-yielding equity securities of businesses situated in China. Additionally, it maintains the flexibility to acquire convertible debt and other equity instruments from Chinese companies, without regard to their term or credit standing, including those that lack a rating or would be classified as below investment grade if assessed. Within this context, the definition of "China" extends to include its administrative and other districts, notably Hong Kong.
Matthews China Dividend Fund Investor Class is most often compared with the following Financial Services names: