Matthews Asia Dividend Fund Institutional Class
MIPIX
NASDAQ- -
USD
- -
- -
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Four Embarcadero Center United States of America
- IPO Date
- Oct 29, 2010
- CIK
- 0000923184
- Website
- matthewsasia.com
- Similar Companies
- Business
- Matthews Asia Dividend Fund Institutional Class (MIPIX) is an open-end mutual fund that seeks total return with an emphasis on providing current income by investing at least 80% of its net assets in dividend-paying equity securities of companies located in Asia Pacific markets, including common equities, ADRs, and convertible securities; the fund maintains an unconstrained all-cap portfolio with a quality bias, targeting higher income yields than generally available in Asian equity markets, benchmarked against the MSCI All Country Asia Pacific Index. The Institutional Class, with ticker MIPIX and a minimum initial investment of $100,000, features a net expense ratio of 1.09%, daily pricing, and total net assets of approximately $562 million as of recent data; it primarily allocates to mega-cap and large-cap issuers across sectors like financials (27.5%), information technology (20.4%), and communication services (12.7%), with key geographic exposures in China/Hong Kong (30.9%), Japan (25.1%), Taiwan (13.6%), and South Korea (11.2%). Matthews International Capital Management, LLC, founded in 1991 and headquartered at 4 Embarcadero Center, Suite 550, San Francisco, California, serves as investment adviser, with portfolio management led by Chief Investment Officer Sean Taylor (since March 2025) and Sojung Park. In early 2025, the fund experienced a strategic merger as part of Matthews Asia's review of its fund lineup, with its Asia Dividend Fund series—including MIPIX—merged into the Emerging Markets Equity Fund effective around January 24, 2025, following a suspension of new subscriptions on January 10, 2025; this reorganization aimed to streamline offerings amid ongoing asset management of over $6.9 billion across Asia-focused strategies. Recent performance reflects a year-to-date return of approximately 23.86% as of late 2025, supported by top holdings such as Taiwan Semiconductor Manufacturing Co., Ltd. (10.0%), Tencent Holdings, Ltd. (5.2%), and Samsung Electronics Co., Ltd. (4.6%), alongside quarterly distributions like $0.18044 per share in September 2025. The fund targets institutional and high-net-worth investors seeking diversified exposure to developed, emerging, and frontier Asian markets, with no front-end or deferred loads and a focus on long-term fundamental analysis.