Matthews China Dividend Fund Investor Class (MCDFX)
| Fund Assets | 92.90M |
| Expense Ratio | 1.32% |
| Min. Investment | $2,500 |
| Turnover | 75.80% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 3.84% |
| Dividend Growth | 26.73% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 15.26 |
| YTD Return | 5.60% |
| 1-Year Return | 38.30% |
| 5-Year Return | -2.43% |
| 52-Week Low | 11.04 |
| 52-Week High | 15.47 |
| Beta (5Y) | 0.27 |
| Holdings | 45 |
| Inception Date | Nov 30, 2009 |
About MCDFX
The Matthews China Dividend Fund Investor Class is a mutual fund that seeks to provide total return with a particular emphasis on generating current income. Its primary strategy is to invest at least 80% of its assets in dividend-paying equity securities of companies located in China, including both mainland and Hong Kong-listed firms as well as American and Global Depositary Receipts. The fund also has the flexibility to invest in convertible debt and equities of various maturities and credit qualities, including below investment grade issues, expanding its reach within the Chinese market. Known for targeting a higher level of current income than what is typically available in the broader Chinese equity markets, the fund holds a diversified portfolio that skews towards large-cap and mid-cap companies, though it maintains exposure to small-cap stocks for added growth potential. As of its latest filings, top holdings include major names in sectors such as communication services, consumer cyclical, and financial services, reflecting the fund's focus on income and stability. With a semi-annual dividend payout and a competitive yield, the Matthews China Dividend Fund Investor Class plays a specialized role for investors seeking exposure to Chinese equities with an income-oriented approach, balancing potential growth with regular dividend distributions.
Performance
MCDFX had a total return of 38.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.21%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MICDX | Institutional Class Shares | 1.19% |
Top 10 Holdings
48.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Ltd | 700 | 12.46% |
| Alibaba Group Holding Ltd | 9988 | 11.01% |
| Ping An Insurance Group Co of China Ltd | 2318 | 4.27% |
| China Construction Bank Corp | 939 | 3.48% |
| China Merchants Bank Co Ltd | 3968 | 3.23% |
| CATL - Contemporary Amperex Technology Co Ltd | 300750 | 2.93% |
| CHINA EB INT'L - China Everbright Environment Group Ltd | 257 | 2.92% |
| Anhui Expressway Co Ltd | 995 | 2.70% |
| China Suntien Green Energy Corp Ltd | 956 | 2.63% |
| Minth Group Ltd | 425 | 2.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.31753 | Dec 17, 2025 |
| Jun 25, 2025 | $0.27582 | Jun 25, 2025 |
| Dec 18, 2024 | $0.15248 | Dec 18, 2024 |
| Jun 26, 2024 | $0.31572 | Jun 26, 2024 |
| Dec 14, 2023 | $0.10744 | Dec 14, 2023 |
| Jun 28, 2023 | $0.32906 | Jun 28, 2023 |