Fund Performance

all data as of 9/30/2020 except where otherwise noted
Fund Yield to Worst Dividend Yield 30-Day Yield 30-Day Yield
(excluding expense waiver)
Asia Fixed Income
Matthews Asia Total Return Bond Fund
6.13% n.a. 4.84% 4.82%
Matthews Asia Credit Opportunities Fund
7.08% n.a. 5.59% 5.59%
Asia Growth and Income
Matthews Asian Growth and Income Fund
n.a. 3.05% 1.64% n.a.
Matthews Asia Dividend Fund
n.a. 2.08% 0.99% 0.98%
Matthews China Dividend Fund
n.a. 2.87% 1.35% n.a.

Assumes reinvestment of all dividends and/or distributions before taxes. All performance quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate with market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the return figures quoted. Returns would have been lower if certain of the Fund’s fees and expenses had not been waived. For the most recent month or quarter-end performance, please select the appropriate tab at the top of the page.

All performance is in US$.  Index data from Morgan Stanley Capital International, Bloomberg; total return calculations performed by BNY Mellon Investment Servicing (US) Inc. 

The Matthews Asia Strategic Income Fund changed its name to the Matthews Asia Total Return Bond Fund on January 31, 2020.

Yield to worst is the lowest potential yield that can be received on a bond without the issuer actually defaulting. Yield to worst is for the bond-only portion of the portfolio and is calculated by making worst-case scenario assumptions on the issue by calculating the returns that would be received if provisions, including prepayment, call or sinking fund, are used by the issuer. The underlying security yields are the weighted averages of security-level yields, weighted according to each security's market value. The Yield to Worst metric is used to evaluate the worst-case scenario for yield to help investors manage risks and ensure that specific income requirements will still be met even in the worst scenarios. It does not represent the yield that an investor should expect to receive. Past yields are no guarantee of future yields.
Source: FactSet Research Systems 

The Dividend Yield (trailing) is the weighted average sum of the dividends paid by each equity security held by the Fund over the last 12 months divided by the current price as of report date. The annualised dividend yield is for the equity-only portion of the Fund and does not reflect the actual yield an investor in the Fund would receive. There can be no guarantee that companies that the Fund invests in, and which have historically paid dividends, will continue to pay them or to pay them at the current rates in the future. A positive distribution yield does not imply positive return, and past yields are no guarantee of future yields.
Source: FactSet Research Systems, Bloomberg, Matthews

The 30-Day Yield represents net investment income earned by the Fund over the 30-day period ended 9/30/20, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-day period. The 30-Day Yield should be regarded as an estimate of the Fund’s rate of investment income, and it may not equal the Fund’s actual income distribution rate.
Source: BNY Mellon Investment Servicing (US) Inc.