Matthews China Dividend Fund

Inception Date

30 November 2009

Fund Assets

$350.87 million  (8/31/2019)






MSCI China Index

Geographic Focus

China includes its administrative and other districts, such as Hong Kong

Investment Objective

Total return with an emphasis on providing current income.


Under normal market conditions, the Matthews China Dividend Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in China. The Fund may also invest in convertible debt and equity securities. The Fund seeks to provide a level of current income that is higher than the yield generally available in Chinese equity markets over the long term.


The Matthews China Dividend Fund intends to distribute its dividends semi-annually. Semi-annual 2019 distributions were paid on June 18, 2019 to shareholders of record as of June 17, 2019. Distribution information is now available.


Investments in Asian securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. In addition, investments in a single-country fund, which is considered a non-diversified fund, may be subject to a higher degree of market risk than diversified funds because of concentration in a specific country.
There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends.  

 These and other risks associated with investing in the Fund can be found in the prospectus.

Portfolio Managers

Lead Manager

Sherwood Zhang, CFA


Yu Zhang, CFA
S. Joyce Li, CFA

Fees & Expenses

Gross Expense Ratio


Portfolio Turnover 1



6/30/2019 As of 06/30/2019

The lesser of fiscal year 2018 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.