Final results are out this morning for JPMorgan Global Growth & Income (JGGI) -
Source - https://www.investegate.co.uk/announcement/rns/jpmorgan-global-growth-income--jggi/final-results-to-30th-june-2023/7779829
I bought into JGGI some time ago, as part of my specific desire to include more global markets into my long-term income-strategy, and to hopefully provide some increased opportunities for capital gains to be delivered alongside a primary goal of dividend-based income-delivery.
At a yield of around 4%, I've been happy to see that they continue to deliver to those twin requirements, and I've been particularly happy with the long-term share-price growth given recent global market issues, and especially their swift recovery following the broadly-seen COVID-related issues at the start of 2020 -
Source - https://www.google.com/finance/quote/JGGI:LON?window=MAX
JGGI currently have around 65% of their investments being US-facing, and for info, here's a link to the AIC page showing JGGI's current portfolio breakdown - https://www.theaic.co.uk/companydata/jpmorgan-global-growth-income/portfolio
JGGI have a dividend policy of paying around 4% of their previous-year NAV, and whilst this policy clearly introduces a risk of dividend-fluctuation beyond that seen in perhaps more 'traditional' dividend-paying stocks, I'm been happy to introduce this approach into my income-strategy where higher NAV-based growth opportunities in the markets that they operate in might hopefully, over the long-term, override any potential shorter-term dividend fluctuations that might arise from such a NAV-based approach.
Cheers,
Itsallaguess