Morningstar welcomes soft closure of JP Morgan Equity Income

Retains gold and silver ratings

James Baxter-Derrington
clock • 1 min read
JP Morgan Equity Income will close to new investors on 30 September 2021
Image:

JP Morgan Equity Income will close to new investors on 30 September 2021

Morningstar has welcomed the soft closure of the $48bn JP Morgan US Equity Income fund, which will close to new investors on 30 September 2021, according to an SEC filing.

Analyst Claire Butz described the closure as "welcome" and stated the strategy would retain its Morningstar analyst ratings of gold and silver. She noted inflows to the fund had continued at pace, recording...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot