Jacob Internet Fund Investor Class Shares
JAMFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 727 2nd Street, #106 Hermosa Beach CA United States of America 90254
- IPO Date
- Dec 13, 1999
- CIK
- 0001090372
- Website
- jacobam.com
- Similar Companies
- Business
- Jacob Internet Fund Investor Class Shares (JAMFX) is a mutual fund that seeks long-term growth of capital with current income as a secondary objective by investing, under normal circumstances, at least 80% of its net assets in securities of companies in Internet and Internet-related industries, primarily common stocks and securities convertible into common stocks; it may allocate up to 35% to fixed income or debt securities, hold cash or short-term high-quality investments for liquidity, and engage in securities lending to generate additional income. The fund targets companies deriving substantial revenue from Internet businesses or aggressively expanding Internet-related operations across categories including media, e-commerce, computer software, internet service providers, internet portals, wireless/broadband access, and telecommunications, with a focus on those emphasizing research and development of proprietary products and services; it invests without limitation in foreign securities including emerging markets (though currently not expecting more than 50% of net assets in foreign companies) and favors small- to medium-capitalization firms with sustainable competitive advantages, growing market share, and capable management. Launched on December 14, 1999, the fund is managed by Jacob Asset Management of New York LLC, with lead portfolio manager Ryan I. Jacob since inception, co-portfolio managers Darren Chervitz since 2012 and Francis J. Alexander since inception; it is based in Manhattan Beach, California, with additional offices in Los Angeles, Hermosa Beach, and New York, serving retail and institutional investors through open-end share classes including Investor Class (minimum initial investment $2,500, or $1,000 for certain accounts) and featuring a 2% redemption fee on shares held less than 30 days, an expense ratio of 2.48% (including 1.25% advisory fee and 0.25% 12b-1 fee as amended October 2024), and portfolio turnover of 42%. Recent modifications include the addition of new positions such as Rocket Companies and Lightwave Logic in the quarter ended June 2025, reflecting ongoing portfolio adjustments to capture opportunities in AI-integrated online lending and advanced technology firms; portfolio holdings as of September 30, 2025, feature top concentrations in OptimizeRx Corp (6.55%), MongoDB Inc (6.41%), Powerfleet Inc (4.80%), Doximity Inc (4.53%), and Coinbase Global Inc (4.52%), comprising technology, healthcare, consumer cyclical, and communication services sectors with total assets around $64 million. The fund operates globally with U.S.-listed securities of international firms like Zhihu Inc (China), Grab Holdings Ltd (Singapore), and Nu Holdings Ltd (Brazil), alongside part of Jacob Funds Inc alongside sister funds Jacob Small Cap Growth Fund (JSCGX/JSIGX) and Jacob Discovery Fund (JMCGX/JMIGX).