Matthews Asia Dividend Fund Institutional Class (MIPIX)
Matthews Asia Dividend Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $20.96, up 1.01% on the session, giving a market capitalisation of $722.0M. Its beta of 0.90 implies it has historically moved less than the broad market.
This investment fund is designed to generate overall capital growth for its shareholders, with a particular emphasis on providing a consistent income stream. Under typical market conditions, the fund achieves this objective by dedicating a minimum of 80% of its total assets—which may include funds obtained through borrowing for investment purposes—to dividend-paying stocks issued by companies based in Asia.
Matthews Asia Dividend Fund Institutional Class is most often compared with the following Financial Services names: