MINV ETF — Matthews Asia Innovators Active ETF

Matthews Asia Innovators Active ETF (MINV)

Updated October 16, 2026.

MINV is an ETF. its distribution rate is 0.15%, its trailing-12-month yield is 1.20%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 82.4% over the past 4.3 years, 30.7 points behind SPY at 113.1%.

Matthews Asia Innovators Active ETF is an actively managed fund that invests at least 80% of its assets in stocks of innovative companies located across Asia excluding Japan, targeting firms with leading products, services, business models, or technological approaches. The fund has a modest distribution rate and pays distributions annually, with a recent special distribution that may not recur regularly. It carries an expense ratio of 0.79% and appeals to growth-focused investors seeking exposure to Asian innovation rather than income-oriented investors.

MINV performance versus SPY

Price and return data through 2026-10-16.

Total return is 82.4% over the past 4.3 years, 30.7 points behind SPY at 113.1%. Over the past year its total return — price change plus distributions reinvested — is 23.1%. Its deepest 1-year drawdown was 25.4%.

MINV key facts

Distribution Safety Score™

50 · Unproven

Issuer

Matthews Asia Funds

Asset type

ETF

Asset class

Equity

Inception date

07/13/2022

Expense ratio

0.79%

Distribution rate

0.15%

Distribution frequency

Annual

Trailing yield

1.20%

Last close

$44.35 (as of 2026-10-16)

AUM

$160,075,736

Average volume

5676.0

Dividend

$0.534

Ex-dividend date

12/17/2025

Payment date

12/22/2025

Beta

1.4

How Dividend Vision calculates yield and returns

Distribution rate (0.15%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.20%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Matthews Asia Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MINV risks and drawbacks

MINV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 25.4%.

Who may consider MINV — and who may not

It is a weaker fit for investors who need monthly cash flow (MINV pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MINV

• All tickers starting with M

Tagged: International, Active.

Frequently asked questions

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