| Japan Smaller Capitalization Fund is a non-diversified closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation through investments primarily in smaller capitalization Japanese equity securities. We show 1 historical shares outstanding datapoints in our JOF shares outstanding history coverage, used to compute JOF market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JOF market cap history over the course of time is important for investors
interested in comparing JOF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of JOF versus a peer is one thing; comparing
JOF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like JOF can fluctuate over the course of history.
With this page we aim to empower investors researching JOF by allowing them to research the JOF market cap history.