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Matthews Asia Dividend Fund Institutional Class (MIPIX)

Market Closed
11 Aug, 20:00
NASDAQ NASDAQ
$
20. 71
-0.14
-0.6715%
$
712.69M Market Cap
0.16% Div Yield
0 Volume
$ 20.85
Previous Close
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Day Range
20.71 20.71
Year Range
16.2 21.48
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Summary

MIPIX closed today lower at $20.71, a decrease of -0.6715% from yesterday's close, completing a monthly increase of 2.9324% or $0.59. Over the past 12 months, MIPIX stock gained 16.9396%.
MIPIX pays dividends to its shareholders, with the most recent payment made on Mar 25, 2026. The next estimated payment will be in 1 month ago on Jun 25, 2026 for a total of $0.06041.
The stock of the company had never split.
The company's stock is traded on one exchange.

MIPIX Chart

Matthews Asia Dividend Fund Institutional Class (MIPIX) FAQ

What is the stock price today?

The current price is $20.71.

On which exchange is it traded?

Matthews Asia Dividend Fund Institutional Class is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is MIPIX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.16%.

What is its market cap?

As of today, the market cap is 712.69M.

Has Matthews Asia Dividend Fund Institutional Class ever had a stock split?

No, there has never been a stock split.

Matthews Asia Dividend Fund Institutional Class Profile

NASDAQ Exchange
US Country

Overview

The company in question operates as an investment fund focused on capitalizing on the growth of Asian markets by primarily investing in dividend-paying equity securities. By channeling at least 80% of its net assets, including leverage from borrowings, into equity securities of companies located within Asia, the fund aims to achieve its investment objective. This strategy highlights a specific geographical focus, leveraging the economic growth and market dynamics of the Asian region to provide returns to its investors. The company’s investment philosophy likely embodies a mix of seeking out income-generating assets through dividends and capital appreciation prospects by investing in the equity market of a diverse and rapidly developing region.

Products and Services

The company offers investment solutions tailored towards individuals and entities looking to gain exposure to the Asian equity markets. By focusing on dividend-paying securities, the company seeks to provide a balanced mix of income and growth. Below are the core products and services offered:

  • Dividend-Paying Equity Investments: The cornerstone of the company's offerings, this involves the selection and management of equity securities of companies from Asia that pay dividends. By investing in these securities, the company aims to generate income for its investors while also seeking opportunities for capital growth.
  • Borrowings for Investment Purposes: A strategic use of leverage to enhance investment capacity and potential returns. This involves borrowing funds to invest in additional equity securities, thereby potentially amplifying the returns on the net assets invested. This strategy carries higher risk due to the use of borrowed funds and is managed with the aim of maximizing the reward while controlling the risk exposure.

Contact Information

Address: Four Embarcadero Center
Phone: 800-789-2742