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The Korea Fund (KF)

Non U.S. Equity Funds - Asian Equity Funds

Data as of March 15, 2024
Current
Market Price $24.61 (- $0.31)
NAV (March 15, 2024) $28.29 (- $0.68)
Fund Listed NYSE
Premium / Discount -13.01% (+0.97%)
Fund Info
Inception Aug. 29, 1984
Sponsor Allianz Global Investors
Website www.thekoreafund.com/
Phone 1-800-254-5197
NAV Symbol XKFDX
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Long-term capital appreciation through investment in Korean securities.
Related Indexes
International Equity Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 4,856,367
Total Assets (Reported: Dec. 31, 2023) $139M
Estimated Total Assets $137M
Net Assets $137M
Market Cap $120M
Portfolio Turnover 37.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.48%
Non Lev Exp Ratio 1.48%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -15.05%
Discount Low(3 Yr) -21.68%
Discount High(3 Yr) -10.32%
Discount Rel Range (3 Yr) 76.37%
Comp Discount -0.19
Discount St Dev (1Yr) 1.91
Z-Stat
Z-Stat (6mo) 2.28
Z-Stat (1Yr) 1.73
Z-Stat (3Yr) 1.10
Comp Z-Stat (6mo) 1.33
Comp Z-Stat (3Yr) 1.29
Distribution Data
Market Yield 0.00%
Income Yield 0.00%
Lev Adj NAV Yield 0.00%
Distribution Frequency A
Current Distribution $1.319
Current Income $0.053
Ex-Date 12/23/22
Payable Date 1/9/23
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/16/24
RoC (1yr) %
RoC (3yr) 0.00%
Tax Dividend Data 2021 2019 - 2021
Income 22.5% 74.2%
ST Gains 40.6% 13.5%
QDI 0% 58.4%
LT Gains 37% 12.3%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $453
Avg Volume 30 day 31,370
Avg Volume 90 day 18,393
Volume Trend 70.55%
Comp Volume Trend 63.93%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
68.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
72.0%
Price Correlation (1yr)
vs. CEFA's International Equity Index
82.0%
Most Correlated Peer (Mk Pr): IAE 80.0%
NAV - Price Correlation (30 d) 88.6%
NAV - Price Correlation (90 d) 94.9%
NAV - Price Correlation (1 Yr) 94.2%
Price St Dev (1Yr) 21.4%
NAV St Dev (1Yr) 19.8%
Earnings
Earnings / Share (12/31/23) $0.090
Earn Coverage 6.80%
Earnings Trend Down
UNII / Share (12/31/23) $0.264
Rel UNII
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.85
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.45
NAV Beta (2yr)
vs. CEFA's International Equity Index
1.26

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

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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