JPMorgan Global Growth Stock Up 0.9% on Buy Interest

On Thursday, February 12, 2026, JPMorgan Global Growth & Income plc (JGGI) continues to demonstrate strong market resilience, closing at 581.00p following a consistent week of buyback activity and robust investor demand.

As of this morning, the trust has maintained its momentum, trading comfortably above its 15-day and 200-day moving averages. This technical strength is underpinned by a massive £10 million+ share repurchase program executed throughout February to manage its discount to Net Asset Value (NAV).

Strategic Buybacks and Market Performance

The trust’s board has been highly active in the market this week, reinforcing its commitment to shareholder value through aggressive treasury purchases.

• Recent Repurchases: On February 11, the company repurchased another 500,000 shares into treasury, following a 250,000-share buyback on February 6.

• Volume Analysis: Total shares held in treasury now exceed 26.9 million, providing a significant floor for the share price.

• NAV Position: With an estimated NAV of 595.51p, the trust is currently trading at a modest -2.77% discount, significantly narrower than the global equity income sector average.

Income Strategy: The 4% Payout Model

Investor interest in 2026 remains centered on JGGI’s “enhanced dividend policy,” which allows the managers to prioritize total return without being forced into low-growth, high-yield stocks.

The “Total Return” Edge

Unlike traditional income funds, managers Helge Skibeli, James Cook, and Sam Witherow focus on high-conviction growth names like Microsoft (6.25%), Apple (6.11%), and Nvidia (5.71%). By funding part of the dividend from capital reserves, JGGI offers investors “best-of-both-worlds” exposure to the AI and tech boom while providing predictable quarterly income.