Manager firm
JPMorgan Asset Management
Manager(s)
Anthony Lynch, Callum Abbot, Katen Patel
Structure
investment_trust
AIC sector
UK Equity Income
Domicile
United Kingdom
Base currency
GBP
Launched
1963-04-24
Latest factsheet
2026-03-31
Snapshot date
2025-08-31
Share price
866.00p
NAV / share
916.55p2026-05-14
Premium / discount
-5.52%
Fund size
£511m
OCF
0.62%
Performance fee
—
Gearing
7.40%
Dividend yield
4.30%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | -7.6% | -7.4% | -0.3pp |
| 3m | -0.8% | 0.1% | -1.0pp |
| ytd | -0.8% | 0.1% | -1.0pp |
| 1y | 21.1% | 20.4% | +0.7pp |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 13.1% | 13.8% | -0.7pp |
| 5y | 9.4% | 10.3% | -0.9pp |
| 10y | 9.1% | 8.6% | +0.5pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | HSBC | Financials | — | 9.1% |
| 2 | Shell | Energy | — | 8.3% |
| 3 | AstraZeneca | Health Care | — | 6.1% |
| 4 | NatWest | Financials | — | 4.3% |
| 5 | Rolls Royce | Industrials | — | 4.3% |
| 6 | GSK | Health Care | — | 3.6% |
| 7 | Rio Tinto | Basic Materials | — | 3.4% |
| 8 | BP | Energy | — | 3.3% |
| 9 | Barclays | Financials | — | 3.3% |
| 10 | Tesco | Consumer Staples | — | 2.4% |
| Financials | 32.0% | |
| Industrials | 13.7% | |
| Consumer Staples | 12.6% | |
| Energy | 11.6% | |
| Health Care | 9.7% | |
| Consumer Discretionary | 6.4% | |
| Technology | 4.9% | |
| Basic Materials | 3.4% | |
| Utilities | 3.4% | |
| Real Estate | 3.4% | |
| Cash | 3.1% | |
| Others | -4.2% |
| UK | 97.7% | |
| Cash near Cash | 2.4% |
| Portfolio yield | 3.72% |
| Unlisted holdings | — |
| Cash & equivalents | 2.35% |
| Total assets | £496.2m |
| Revenue reserves | £0 |
| Net gearing | 6.70% |
| Gross gearing | 9.20% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 55,030,123 |
| Shares issued | 0 |
| Shares purchased | 120,136 |
| Treasury shares | 5,115,530 |
Manager firm
JPMorgan Asset Management
Manager(s)
Anthony Lynch, Callum Abbot, Katen Patel
Structure
investment_trust
AIC sector
UK Equity Income
Domicile
United Kingdom
Base currency
GBP
Launched
1963-04-24
Latest factsheet
2026-03-31
Snapshot date
2025-08-31
Share price
866.00p
NAV / share
916.55p2026-05-14
Premium / discount
-5.52%
Fund size
£511m
OCF
0.62%
Performance fee
—
Gearing
7.40%
Dividend yield
4.30%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | -7.6% | -7.4% | -0.3pp |
| 3m | -0.8% | 0.1% | -1.0pp |
| ytd | -0.8% | 0.1% | -1.0pp |
| 1y | 21.1% | 20.4% | +0.7pp |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 13.1% | 13.8% | -0.7pp |
| 5y | 9.4% | 10.3% | -0.9pp |
| 10y | 9.1% | 8.6% | +0.5pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | HSBC | Financials | — | 9.1% |
| 2 | Shell | Energy | — | 8.3% |
| 3 | AstraZeneca | Health Care | — | 6.1% |
| 4 | NatWest | Financials | — | 4.3% |
| 5 | Rolls Royce | Industrials | — | 4.3% |
| 6 | GSK | Health Care | — | 3.6% |
| 7 | Rio Tinto | Basic Materials | — | 3.4% |
| 8 | BP | Energy | — | 3.3% |
| 9 | Barclays | Financials | — | 3.3% |
| 10 | Tesco | Consumer Staples | — | 2.4% |
| Financials | 32.0% | |
| Industrials | 13.7% | |
| Consumer Staples | 12.6% | |
| Energy | 11.6% | |
| Health Care | 9.7% | |
| Consumer Discretionary | 6.4% | |
| Technology | 4.9% | |
| Basic Materials | 3.4% | |
| Utilities | 3.4% | |
| Real Estate | 3.4% | |
| Cash | 3.1% | |
| Others | -4.2% |
| UK | 97.7% | |
| Cash near Cash | 2.4% |
| Portfolio yield | 3.72% |
| Unlisted holdings | — |
| Cash & equivalents | 2.35% |
| Total assets | £496.2m |
| Revenue reserves | £0 |
| Net gearing | 6.70% |
| Gross gearing | 9.20% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 55,030,123 |
| Shares issued | 0 |
| Shares purchased | 120,136 |
| Treasury shares | 5,115,530 |
