ASIA CREDIT OPPORTUNITIES FUND - Investor Class Shares
MCRDX
Other OTC- -
USD
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- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Four Embarcadero Center
- IPO Date
- Jan 2, 2019
- CIK
- 0000923184
- Similar Companies
- Business
- Matthews Asia Credit Opportunities Fund - Investor Class Shares (MCRDX) is a mutual fund managed by Matthews Asia that seeks total return over the long term through investments in debt and debt-related instruments issued by companies and governments in Asia and emerging markets. The fund invests at least 80% of its net assets in fixed-income securities, including corporate bonds, sovereign debt, convertible bonds, and other debt obligations rated below investment grade or unrated; it may also allocate to equities, derivatives, and up to 30% in non-Asian emerging market debt, targeting sectors such as financials, industrials, and consumer goods across countries including China, India, Indonesia, South Korea, Thailand, and the Philippines. Investor Class Shares feature an expense ratio of approximately 1.12%, with net assets under management around $29 million to $93 million as of recent reports, catering to individual investors seeking exposure to Asia's credit markets with a focus on income generation and capital appreciation. Launched on April 29, 2016, the fund is headquartered in San Francisco, California, at Matthews Asia's principal office, operating as part of the Matthews Asia Funds family with a bottom-up, fundamental research-driven approach emphasizing credit analysis and macroeconomic trends in Asian markets. The fund serves institutional and retail investors targeting high-yield opportunities in Asia's growing credit universe, with geographic focus on Asia-Pacific emerging and frontier markets; it maintains a portfolio turnover rate of around 80%, balancing yield enhancement through selective high-conviction positions. In recent developments, Matthews Asia underwent portfolio management changes, including the appointment of Tiffany Hsiao as Portfolio Manager for related Asia-focused strategies in December 2025, reflecting ongoing enhancements to its investment team amid a broader review of fund offerings. The firm closed its Asia Dividend Fund in January 2025, merging assets into the Emerging Markets Equity Fund, signaling strategic consolidation within its lineup, though no direct changes were announced for the Asia Credit Opportunities Fund; performance metrics show YTD returns varying between -5.66% and 5.66% depending on measurement periods, with a yield of about 10.78%. No major acquisitions, partnerships, or product launches specific to MCRDX were reported in the last 1-2 years, with operations remaining stable under Matthews Asia's independent management structure.