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Investment trust
JAMJPMorgan American Investment Trust plc
Managed by JPMorgan Asset ManagementFelise Agraroff, Jack Caffrey, Graham Spence
Latest factsheet
31 May 2026
Net assets
£2.21bn
Yearly charge
0.34%
vs asset value
3.1% discount
Borrowing
6.50%
Dividend yield
0.90%
The Company aims to achieve capital growth from North American investments by outperformance of the Company's benchmark, the S&P500 Index, with net dividends reinvested, expressed in sterling terms. The Company emphasises capital growth rather than income and when appropriate may have exposure to smaller capitalisation companies. The Company's gearing policy is to operate within a range of 5% net cash to 20% geared in normal market conditions. Gearing may magnify gains or losses experienced by the Company.
3.1% discount — the shares change hands for less than the value of what the trust owns. Unlike an open-ended fund, a trust’s shares are bought and sold on the stock exchange, so their price is whatever buyers and sellers agree — not the value of the portfolio behind them.Share price 1,218 · asset value per share 1,256.8 (GBP)
Cumulative performance
| Period | Trust |
|---|---|
| 1M | +5.55% |
| 3M | +9.00% |
| YTD | +9.39% |
| 1Y | +24.42% |
Annualised performance
| Period | Trust, a year at a time |
|---|---|
| 3Y | +19.99% |
| 5Y | +15.06% |
| 10Y | +16.76% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Nvidia | 8.20% | |
| 2 | Alphabet | 6.30% | |
| 3 | Amazon.Com | 4.60% | |
| 4 | Apple | 4.10% | |
| 5 | Broadcom | 3.80% | |
| 6 | Microsoft | 3.50% | |
| 7 | Analog Devices | 3.30% | |
| 8 | Loews | 3.10% | |
| 9 | Morgan Stanley | 3.00% | |
| 10 | Johnson & Johnson | 2.70% |
Portfolio breakdown
Sector
| Information Technology | 28.00% | |
| Financials | 14.00% | |
| Consumer Discretionary | 11.60% | |
| Communication Services | 11.20% | |
| Industrials | 10.10% | |
| Health Care | 9.00% | |
| Energy | 5.10% | |
| Utilities | 2.90% | |
| Real Estate | 2.80% | |
| Materials | 2.30% | |
| Consumer Staples | 2.00% | |
| Cash | 1.00% |
Key facts
- Stock market ticker
- JAM
- ISIN
- GB00BKZGVH64
- Benchmark
- S&P 500 Index, net of appropriate withholding tax (£)
- Currency
- GBP
- Domiciled in
- United Kingdom
- Launched
- 18 Jun 1881
- Management fee
- 0.35%
- Dividends paid
- Semi_annual
Source factsheets
| Date | Published by the trust |
|---|---|
| 31 May 2026 | View original factsheet ↗ |