# MUFG Japan Small Cap Active ETF (MJSC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mjsc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: MUFG · Asset class: Equity - Strategy: — · Inception: 2025-09-16 The MUFG Japan Small Cap Active ETF (MJSC) allocates capital to smaller Japanese enterprises, specifically targeting those distinguished by innovative business models, robust competitive advantages, proficient management teams, and compelling valuations. Its holdings may encompass common and preferred shares, depositary receipts, real estate investment trusts (REITs), initial public offerings (IPOs), and other exchange-traded funds. The fund's stock selection adheres to a thematic methodology, blending quantitative screening techniques with unique supply chain analysis to uncover nascent, r... ## Key Facts | Metric | Value | |---|---| | Price | $59.11 | | Expense Ratio | 0.75% | | Assets Under Management | $21.5M | | NAV | $58.13 | | Holdings Count | 96 | | Distribution Yield (TTM) | 0.55% | | Annual Distribution (TTM) | $0.33 /share | | Distribution Frequency | Irregular | | 52-Week Range | $47.83 – $63.81 | | Beta | 0.94 | ## Latest Distribution - Amount: $0.3268 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does MJSC invest in? The MUFG Japan Small Cap Active ETF (MJSC) allocates capital to smaller Japanese enterprises, specifically targeting those distinguished by innovative business models, robust competitive advantages, proficient management teams, and compelling valuations. Its holdings may encompass common and preferred shares, depositary receipts, real estate investment trusts (REITs), initial public offerings (IPOs), and other exchange-traded funds. The fund's stock selection adheres to a thematic methodology, blending quantitative screening techniques with unique supply chain analysis to uncover nascent, rapidly expanding companies poised to benefit from both enduring structural shifts and transient cyclical patterns. This approach aims to exploit the overlooked opportunities prevalent in Japan's less-scrutinized small-capitalization market. While its core focus remains Japan, MJSC has the discretion to invest up to 20% of its assets in non-Japanese firms across both emerging and developed nations. Furthermore, up to a third of the portfolio may be lent out, safeguarded by collateral, to generate supplementary income. All investments undergo continuous oversight, with shares being sold when growth potential wanes or market valuations appear excessive. ### What is the expense ratio of MJSC? MUFG Japan Small Cap Active ETF (MJSC) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MJSC? MUFG Japan Small Cap Active ETF (MJSC) manages $21.5M 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 MJSC actively managed or an index fund? MJSC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MJSC launched? MUFG Japan Small Cap Active ETF (MJSC) launched in September 2025 and is managed by MUFG. ### How has MJSC performed? MJSC'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 MJSC pay a dividend? MUFG Japan Small Cap Active ETF (MJSC) currently distributes little or no income. Trailing-twelve-month yield is 0.55%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MJSC pay dividends? MUFG Japan Small Cap Active ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MJSC's dividend yield? MJSC's trailing-twelve-month yield is 0.55%, calculated from the sum of dividends over the past year divided by the current price. ### When is MJSC's next ex-dividend date? The most recently announced ex-dividend date for MJSC was 2025-12-30. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will MJSC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% 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 MJSC charge its expense ratio? The expense ratio is deducted in tiny daily slices from MJSC'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 MJSC cost more than a fund like VOO? MJSC's strategy (current expense ratio 0.75%) 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 MJSC sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MJSC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MJSC (0.75%) 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/mjsc - Distribution history: https://www.dividenddata.com/funds/mjsc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mjsc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mjsc/expenses - Peer comparison: https://www.dividenddata.com/funds/mjsc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.