JPMorgan American Inv Trust (JAM)

Sector:

Investment Firms

Index:

FTSE 250

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466.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 494.50
  • 52 Week Low: 386.50
  • Currency: UK Pounds
  • Shares Issued: 212.30m
  • Volume: 151,403
  • Market Cap: £989.30m
  • RiskGrade: 93
  • Beta: 0.02

JPMorgan American cashes in on high share price

Date: Wednesday 30 May 2012

LONDON (ShareCast) - JPMorgan American Investment Trust is to tap the market with a share placing with professional investors.

The company plans to issue up to 1.19m shares at a price to be announced on Thursday. The new shares to be issued represent around 2.55 of the current issued share capital of JP Morgan American.

The price at which the shares will be placed will reflect the market price of the trust's shares at the time, subject to the condition that the price will be at a premium of at least 1.5% to the net asset value (including income and valuing debt at fair value) per share at the close of trading on Wednesday, May 30th.

Unusually for an investment trust, JP Morgan American's shares trade at a premium to net asset value (NAV) per share. As at May 14th, NAV per share was 852.6p, while the share price was 4.1% higher at 887.5p. As at Tuesday night's close, the share price had moved higher still to 892p.

Shares will be offered on a first-come first-served basis.

JH

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JAM Market Data

Currency UK Pounds
Share Price 466.00p
Change Today -5.00p
% Change -1.06 %
52 Week High 494.50
52 Week Low 386.50
Volume 151,403
Shares Issued 212.30m
Market Cap £989.30m
Beta 0.02
RiskGrade 93

JAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.88% below the market average70.88% below the market average70.88% below the market average70.88% below the market average70.88% below the market average
82.3% below the sector average82.3% below the sector average82.3% below the sector average82.3% below the sector average82.3% below the sector average
Price Trend
69.04% above the market average69.04% above the market average69.04% above the market average69.04% above the market average69.04% above the market average
69.60% above the sector average69.60% above the sector average69.60% above the sector average69.60% above the sector average69.60% above the sector average
Income
56.57% below the market average56.57% below the market average56.57% below the market average56.57% below the market average56.57% below the market average
17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average
Growth
7.55% above the market average7.55% above the market average7.55% above the market average7.55% above the market average7.55% above the market average
23.89% above the sector average23.89% above the sector average23.89% above the sector average23.89% above the sector average23.89% above the sector average

JAM Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 11-Apr-19
Paid 04-Oct-19 14-May-19
Amount 2.50p 4.00p

Trades for 23-Aug-2019

Time Volume / Share Price
16:35 5,691 @ 466.00p
16:29 59 @ 465.50p
16:29 419 @ 466.00p
16:29 1,967 @ 466.00p
16:29 138 @ 466.50p

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