Key stats
About Matthews International Funds Matthews Asia Dividend Active ETF
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Inception date
Sep 21, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Matthews International Capital Management LLC
Distributor
Foreside Funds Distributors LLC
ADVE actively invests in dividend-paying companies in Asia, including developed, emerging, and frontier markets. It seeks to provide a higher level of current income than the typical yield in Asian equity markets over the long term. To achieve its objective of total return with an emphasis on current income, the fund looks for companies that exhibit attractive dividend yields and the ability to pay increasing dividends. The fund typically holds large- and mid-cap stocks but may invest in companies of any size. To measure a companys size, the fund adviser uses fundamental criteria such as market capitalization, book value, revenues, profits, cash flow, dividend payments, and number of employees. The fund may hold depositary receipts and may invest up to 20% of its assets in convertible debt of any maturity and credit quality.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks91.00%
Finance27.72%
Electronic Technology14.83%
Technology Services9.37%
Communications6.08%
Consumer Non-Durables5.41%
Producer Manufacturing4.78%
Process Industries3.00%
Consumer Durables2.98%
Utilities2.89%
Retail Trade2.56%
Health Technology2.18%
Distribution Services2.14%
Transportation1.37%
Non-Energy Minerals1.37%
Consumer Services1.29%
Industrial Services1.11%
Energy Minerals1.01%
Health Services0.92%
Bonds, Cash & Other9.00%
Cash6.93%
Miscellaneous1.12%
Mutual fund0.95%
Stock breakdown by region
Asia92.26%
Oceania7.74%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ADVE invests in stocks. The fund's major sectors are Finance, with 27.72% stocks, and Electronic Technology, with 14.83% of the basket. The assets are mostly located in the Asia region.
ADVE last dividends amounted to 0.20 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 76.89% increase.
ADVE assets under management is 3.57 M USD. It's risen 2.46% over the last month.
ADVE fund flows account for 1.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ADVE pays dividends to its holders with the dividend yield of 2.03%. The last dividend (Jun 30, 2025) amounted to 0.20 USD. The dividends are paid quarterly.
ADVE shares are issued by Matthews International Capital Management LLC under the brand Matthews. The ETF was launched on Sep 21, 2023, and its management style is Active.
ADVE expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
ADVE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ADVE invests in stocks.
ADVE price has risen by 2.63% over the last month, and its yearly performance shows a 6.93% increase. See more dynamics on ADVE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.43% over the last month, showed a 14.18% increase in three-month performance and has increased by 6.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.43% over the last month, showed a 14.18% increase in three-month performance and has increased by 6.67% in a year.
ADVE trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.