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IN BRIEF: JPMorgan Multi-Asset Growth & Income net asset value falls

ALN

JPMorgan Multi-Asset Growth & Income PLC - London-based investment firm - Reports net return before tax in the six months to August 31 of £941,000 compared to net loss of £5.3 million the year prior. Basic earnings per share totalled 1.25 pence compared to loss per share of 6.87p. Net asset value per share declined 2% to 95.9p from 97.8p. Says board has declared two interim distributions of 1.2p per share in respect of the year ending February 29, 2024. Expects a full-year distribution of 4.8p per share for the year, up 9.1% on the previous year.

Current stock price: 89.00 pence

12-month change: down 0.6%

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