Korea Fund:KF

    Manage Alerts

    Overview

    As of 8/20/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$25.77$29.20-11.75%
    52 Wk Avg$30.79$34.75-11.29%
    52 Wk High$37.20$42.20-7.79%
    52 Wk Low$24.97$28.42-14.16%
    Regular Distribution TypeIncome Only
    Distribution Rate2.36%
    Distribution Amount$0.6078
    Distribution FrequencyAnnual
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks long term capital appreciation through investment in equity securities issued by firms listed on the Korean stock exchange

    Capital Structure

    As of 8/20/2019

    Total Net Assets:$155.045M
    Total Common Assets:$155.045M
    Common Shares Outstanding:5,363,003
    Leverage

    As of 6/30/2018

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $11.000M
    Effective Leverage (%): 4.55%
    Annual Expense Ratios

    As of 6/30/2019

      Per Common Share
    Management Fees0.74%
    Other Expenses:0.36%
    Baseline Expense: 1.10%
    Interest Expense:0.00%
    Total: 1.10%
    Fund Management

    Fund Sponsor
    Allianz Global Investors Capital

    Portfolio Managers
    Raymond C K Chan (29 Aug 1984) / Chris Leung (20 Feb 2014)

    Basics
    Category: Non-US/Other-Asia Equity
    Ticker: KF
    NAV Ticker: XKFDX
    Average Daily Volume (shares): 7,000
    Average Daily Volume (USD): $0.200M
    Inception Date: 8/29/1984
    Inception Share Price: $12.00
    Inception NAV:
    Tender Offer: Yes
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 8/20/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2018
    $0.0463
    Annualized Distribution Rate on NAV:
    As of 8/20/2019
    2.08%
    Total Return on NAV (12 months):
    As of 8/20/2019
    -14.71%
    Avg. UNII Per Share:
    As of 6/30/2018
    $0.3081
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019
    4.55%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-10.96%
    1 Year-11.29%
    3 Year-11.17%
    5 Year-10.76%
    Z-Score

    As of 8/21/2019

    PeriodZStat
    3 Month-0.50
    6 Month-0.70
    1 Year-0.40
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/20/2019
    Category: Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-7.93%-9.82%5.15%3.84%
    2018-19.29%-19.14%-13.70%-14.88%
    201742.53%40.88%42.00%36.65%
    20161.13%2.61%0.98%0.92%
    2015-3.80%-4.03%0.81%1.16%
    2014-9.06%-9.85%12.32%12.27%
    2013 0.97%2.56%4.12%
    201215.41%17.11%23.28%19.40%
    2011-6.41%-8.71%-24.48%-21.32%
    201024.93%23.71%21.14%19.56%
    20093.32%5.37%60.97%62.87%
    2008-50.38%-53.41%-50.55%-53.66%
    200727.93%27.43%35.97%53.30%
    200615.89%11.11%  
    200553.25%55.31%  
    200432.93%26.19%  
    200334.64%28.48%  
    200213.56%9.32%  
    200139.04%37.99%  
    2000-36.65%-43.97%  
    199982.80%141.19%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/20/2019
    Category: Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2019
    50
    Annual Portfolio Turnover:
    As of 6/30/2019
    69.00%
    Asset Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 12/30/2016 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 98.57%
    Net Current Assets 1.43%
    Top Holdings

    As of 6/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Samsung Electronics Co Ltd$40.57M24.84%
    LG Chem Ltd$6.94M4.25%
    KB Financial Group$5.65M3.46%
    Shinhan Financial Grp$5.53M3.38%
    Kangwon Land Inc$5.43M3.32%
    Hyundai Motor Co Ltd$5.40M3.31%
    Samsung Electro-Mechanics Co$5.37M3.29%
    Hynix Semiconductor Inc$4.73M2.89%
    Korea Electric Power Corp$4.68M2.87%
    Fila Korea Ltd$4.66M2.85%
    Hyundai Mobis$4.60M2.82%
    Country Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Country% Portfolio
    South Korea 99.31%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-854124PR-E