# Matthews China Fund (MCHFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mchfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 1998-02-19 Under typical market conditions, the fund is committed to achieving its investment objective by allocating no less than 80% of its net assets—a figure that encompasses any capital acquired through borrowing for investment purposes—to equity securities, specifically common and preferred stocks, issued by enterprises with significant operations in China. The geographical scope of 'China' extends to include its administrative and other districts, notably Hong Kong. An entity, whether a company or another issuer, is deemed to be 'located' within a particular nation or region—and correspondingly... ## Key Facts | Metric | Value | |---|---| | Price | $14.50 | | Expense Ratio | 1.25% | | Assets Under Management | $349.1M | | NAV | $14.50 | | Holdings Count | — | | Distribution Yield (TTM) | 1.61% | | Annual Distribution (TTM) | $0.23 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.50 – $18.66 | | Beta | 0.78 | ## Latest Distribution - Amount: $0.2332 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-17 ## Frequently Asked Questions ### What does MCHFX invest in? Under typical market conditions, the fund is committed to achieving its investment objective by allocating no less than 80% of its net assets—a figure that encompasses any capital acquired through borrowing for investment purposes—to equity securities, specifically common and preferred stocks, issued by enterprises with significant operations in China. The geographical scope of 'China' extends to include its administrative and other districts, notably Hong Kong. An entity, whether a company or another issuer, is deemed to be 'located' within a particular nation or region—and correspondingly, a security or instrument is classified as originating from that specific country (or Asia more broadly)—should it possess substantial economic or operational ties to that territory. ### What is the expense ratio of MCHFX? Matthews China Fund (MCHFX) charges an expense ratio of 1.25%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MCHFX? Matthews China Fund (MCHFX) manages $349.1M 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 MCHFX actively managed or an index fund? MCHFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MCHFX launched? Matthews China Fund (MCHFX) launched in February 1998 and is managed by the fund issuer. ### How has MCHFX performed? MCHFX'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 MCHFX pay a dividend? Matthews China Fund (MCHFX) currently distributes little or no income. Trailing-twelve-month yield is 1.61%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MCHFX pay dividends? Matthews China Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MCHFX's dividend yield? MCHFX's trailing-twelve-month yield is 1.61%, calculated from the sum of dividends over the past year divided by the current price. ### When is MCHFX's next ex-dividend date? The most recently announced ex-dividend date for MCHFX 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 MCHFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.25% 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 MCHFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MCHFX'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 MCHFX cost more than a fund like VOO? MCHFX's strategy (current expense ratio 1.25%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MCHFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MCHFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MCHFX (1.25%) 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/mchfx - Distribution history: https://www.dividenddata.com/funds/mchfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mchfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mchfx/expenses - Peer comparison: https://www.dividenddata.com/funds/mchfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.