JPMorgan American Investment Trust plc
JAM.L
London Stock Exchange1,104.00
GBp
-4.00
(-1.25%)
ISIN
GB00BKZGVH64
CUSIP
G5198J110
Return %
Stock
S&P500
1Y
-3.33
26.53
3Y
62.59
76.60
5Y
93.68
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Garrett T. Fish
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 20 Finsbury Street London United Kingdom EC2Y 9AQ
- IPO Date
- May 8, 2014
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan American Investment Trust plc (LSE: JAM) is a United Kingdom-based closed-ended investment company that provides investors with capital growth through a diversified portfolio of North American equities, aiming to outperform the S&P 500 Index (total return in sterling terms); it predominantly invests in shares of larger quoted companies with up to 10% exposure to smaller capitalization stocks, emphasizing capital appreciation over income distribution, across sectors including technology (32%), financial services (17%), consumer cyclical (13%), communication services (11%), industrials (8%), healthcare (8%), energy (5%), real estate (3%), utilities (2%), and consumer defensive (2%), with top holdings such as Microsoft, NVIDIA, Broadcom, Amazon.com, and Meta Platforms; the trust maintains a gearing policy ranging from 5% net cash to 20% geared in normal markets, currently at around 5% net gearing, and pays semi-annual dividends yielding approximately 1%. Established in 1881 and headquartered at 60 Victoria Embankment in London, the company lists on the London Stock Exchange as a FTSE 250 constituent with GBP 2.1 billion in total assets under management, managed by JPMorgan Funds Limited with a tiered fee structure of 0.35% on the first GBP 500 million, 0.30% up to GBP 1 billion, and 0.25% thereafter, and no performance fee. Recent developments include a share buyback program authorizing the repurchase of up to 26.9 million shares (15% of issued capital), the purchase of 3.4 million shares into treasury during the first half of 2025, an increase in tactical gearing to 4.9% via a US$40 million drawdown, and the replacement of its revolving credit facility with an expanded £85 million (plus £15 million accordion) agreement from Industrial and Commercial Bank of China Limited, London Branch, succeeding the prior Mizuho facility in August 2025.