Japan Equity Fund Inc

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The Japan Equity Fund is a diversified, closed-end management investment company that invests substantially all of its assets in equity securities of Japanese companies whose securities are traded on the First Section or Second Section of the Tokyo Stock Exchange (TSE) or listed on the over-the-counter market in Japan or on other Japanese stock exchanges. The fund's investment objective is to outperform over the long term, on a total return basis (including appreciation and dividends), the sectors of the Tokyo Stock Price Index (TOPIX), a composite market-capitalization weighted index of all common stocks listed on the First or Second Section of the TSE or listed on other stock exchanges in Japan. Beginning in 2000, the fund was permitted to invest in financial companies.