From the Sept 2014 MAPIX fact sheet (and as currently stated on the MAPIX home page, and presumably in the fund's prospectus):
Investment ObjectiveTotal return
with an emphasis on providing current income. (my emphasis)
@Maurice @Old_JoeAfter assessing the past half-year of performance, how would you rate the fund in terms of following its stated investment objective: (1) success, (2) short of the mark, (3) fail?
Strategy{..} the Mathews Asia Dividend Fund seeks to achieve its investment objective by investing
at least 80% of its total assets {...} in income-producing securities of companies located in Asia, {...}. The Fund seeks
to provide a level of current income that is higher than the yield generally available in Asian equity markets over the long term. (my emphasis)
@Maurice @Old_JoeAfter assessing the past half-year of performance, how would you rate the fund in terms of adhering to its stated strategy for achieving its investment objective: (1) success, (2) short of the mark, (3) fail?
If one had purchased shares on the Sept dvd ex-date, the dvd distributed for the past 6 months would be 0.018
55 (and no CGs to reinvest); using that ex-date NAV, one's dvd yield, annualized, would be ___? (hmm, I had no idea "the yield generally available in Asian equity markets" had declined so precipitously)
