CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Korea Fund (KF)

Non U.S. Equity Funds - Asian Equity Funds

Data as of June 22, 2018
Current
Market Price $38.48 (+ $0.48)
NAV (June 22, 2018) $43.05 (+ $0.79)
Premium / Discount -10.62% (-0.54%)
Fund Info
Inception Aug. 29, 1984
Sponsor Allianz Global Investors
Website www.thekoreafund.com/
Phone 1-800-254-5197
NAV Symbol XKFDX
Objective: Long-term capital appreciation through investment in Korean securities.
Related Indexes
International Equity Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 5,382,728
Gross Assets (Reported: Dec. 31, 2017) $284M
Estimated Gross Assets $232M
Net Assets $232M
Market Cap $207M
Purchases Turnover 81.65%
Sales Turnover 104.85%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.13%
Non Lev Exp Ratio 1.13%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -10.97%
Discount Low(3 Yr) -15.18%
Discount High(3 Yr) -6.59%
Discount Rel Range 53.12%
Comp Discount 0.53
Discount St Dev (1Yr) 1.01
Z-Stat
Z-Stat (6mo) 0.22
Z-Stat (1Yr) 0.28
Z-Stat (3Yr) 0.30
Comp Z-Stat (6mo) 0.14
Comp Z-Stat (3Yr) 0.00
Distribution Data
Market Yield 0.59%
Income Yield 0.59%
Lev Adj NAV Yield 0.52%
Distribution Frequency A
Current Distribution $0.226
Current Income $0.226
Ex-Date 12/22/17
Payable Date 1/5/18
Div Growth (3yr) %
Dividend Change % on
Expected Div
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2017
Income 5.6%
ST Gains 0%
QDI 5.6%
LT Gains 94.4%
RoC 0%
Volume & Liquidity
Average Daily $ (M) $338
Avg Volume 30 day 4,972
Avg Volume 90 day 8,775
Volume Trend -43.34%
Comp Volume Trend -40.64%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
65.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
68.0%
Price Correlation (1yr)
vs. CEFA's International Equity Index
83.0%
Most Correlated Peer (Mk Pr): APF 83.0%
NAV - Price Correlation (30 d) 99.0%
NAV - Price Correlation (90 d) 86.1%
NAV - Price Correlation (1 Yr) 95.1%
Price St Dev (1Yr) 20.0%
NAV St Dev (1Yr) 19.5%
Earnings
Earnings / Share (12/31/17) $0.077
Earn Coverage 33.93%
Earnings Trend Down
UNII / Share (12/31/17) $-0.135
Rel UNII -59.97
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.96
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
2.10
NAV Beta (2yr)
vs. CEFA's International Equity Index
1.41

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CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

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.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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