JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 12-Month High - Here's Why

Key Points

• JPMorgan Global Emerging Markets Income Trust (LON:JEMI) has reached a new 52-week high, trading at GBX 162 ($2.18), indicating strong investor interest and market performance.
• The trust aims for a dividend yield that exceeds the average for emerging market companies while also focusing on sustainable businesses with growth potential.
• JPMorgan’s investment strategy leverages its extensive expertise in emerging markets, providing a lower risk way to access stable companies with reliable income and governance structures.

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMI - ) reached a new 52-week high on Tuesday . The company traded as high as GBX 162 ($2.18) and last traded at GBX 160.50 ($2.16), with a volume of 638504 shares. The stock had previously closed at GBX 161 ($2.17).

JPMorgan Global Emerg Mkts Trading Down 0.3%

The company has a market cap of £427.23 million and a price-to-earnings ratio of 787.54. The company has a fifty day moving average price of GBX 152.97 and a two-hundred day moving average price of GBX 143.59.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Investment Trust plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets. Key points: Expertise - Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry. Portfolio - Focused on finding sustainable businesses that have good dividend growth prospects. Results - Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures. Why invest in this trust The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.

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