# Matthews Japan Active ETF JPAN (JPAN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jpan for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Matthews Asia · Asset class: Equity - Strategy: Actively Managed · Inception: 2023-09-21 Under typical market conditions, this fund aims to achieve its financial objectives by allocating a minimum of 80% of its total investable capital to Japanese equities. This capital specifically includes any funds acquired through borrowing for investment purposes. The primary focus of its portfolio is on the common and preferred shares issued by companies based in Japan. ## Key Facts | Metric | Value | |---|---| | Price | $42.11 | | Expense Ratio | 0.79% | | Assets Under Management | $11.7M | | NAV | $41.75 | | Holdings Count | 0 | | Distribution Yield (TTM) | 4.34% | | Annual Distribution (TTM) | $1.83 /share | | Distribution Frequency | Annual | | 52-Week Range | $35.14 – $44.35 | | Beta | 0.84 | ## Latest Distribution - Amount: $1.8272 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does JPAN invest in? Under typical market conditions, this fund aims to achieve its financial objectives by allocating a minimum of 80% of its total investable capital to Japanese equities. This capital specifically includes any funds acquired through borrowing for investment purposes. The primary focus of its portfolio is on the common and preferred shares issued by companies based in Japan. ### What is the expense ratio of JPAN? Matthews Japan Active ETF JPAN (JPAN) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JPAN? Matthews Japan Active ETF JPAN (JPAN) manages $11.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JPAN actively managed or an index fund? JPAN is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JPAN's is 0.79%) in exchange for the discretion to over- or under-weight positions. ### When was JPAN launched? Matthews Japan Active ETF JPAN (JPAN) launched in September 2023 and is managed by Matthews Asia. ### How has JPAN performed? JPAN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JPAN pay a dividend? Matthews Japan Active ETF JPAN (JPAN) currently distributes little or no income. Trailing-twelve-month yield is 4.34%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JPAN pay dividends? Matthews Japan Active ETF JPAN pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JPAN's dividend yield? JPAN's trailing-twelve-month yield is 4.34%, calculated from the sum of dividends over the past year divided by the current price. ### When is JPAN's next ex-dividend date? The most recently announced ex-dividend date for JPAN was 2025-12-17. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will JPAN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.79% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JPAN charge its expense ratio? The expense ratio is deducted in tiny daily slices from JPAN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JPAN cost more than a fund like VOO? JPAN is actively managed (current expense ratio 0.79%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JPAN's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JPAN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as JPAN (0.79%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jpan - Distribution history: https://www.dividenddata.com/funds/jpan/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jpan/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jpan/expenses - Peer comparison: https://www.dividenddata.com/funds/jpan/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.