JPMorgan Core Bond Fund
Schedule of Portfolio Investments as of May 31, 2023
(Unaudited)
THE “UNAUDITED MUTUAL FUNDS HOLDINGS” LIST (“the
List”) IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS
NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR
SALES LITERATURE WITH THE GENERAL PUBLIC. The list is
submitted for the general information of the shareholders of the Fund.
It is not authorized for distribution to prospective investors in the Fund
unless preceded or accompanied by a prospectus. The list has been
created from the books and records of the Fund. Holdings are
available 60 days after the fund’s fiscal quarter, using a trade date
accounting convention, by contacting the appropriate service center.
The list is subject to change without notice. The list is for
informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
J.P. Morgan Distribution Services, Inc., member FINRA.
|
© J.P. Morgan Chase & Co., 2023.
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
U.S. Treasury Obligations — 26.7%
|
||
U.S. Treasury Bonds
|
|
|
3.50%, 2/15/2039
|
134,436
|
129,931
|
4.25%, 5/15/2039
|
55,245
|
58,266
|
3.88%, 8/15/2040
|
54,475
|
54,511
|
1.88%, 2/15/2041
|
282,192
|
205,637
|
2.25%, 5/15/2041
|
207,900
|
160,781
|
1.75%, 8/15/2041
|
283,595
|
200,034
|
2.00%, 11/15/2041
|
114,825
|
84,378
|
2.38%, 2/15/2042
|
200,455
|
156,778
|
3.38%, 8/15/2042
|
50,000
|
45,686
|
2.75%, 11/15/2042
|
289,890
|
239,725
|
4.00%, 11/15/2042
|
70,000
|
70,044
|
3.13%, 2/15/2043
|
18,180
|
15,953
|
3.88%, 2/15/2043
|
3,905
|
3,833
|
3.88%, 5/15/2043
|
2,650
|
2,602
|
3.63%, 8/15/2043
|
113,140
|
107,054
|
3.75%, 11/15/2043
|
256,218
|
246,770
|
3.63%, 2/15/2044
|
154,280
|
145,547
|
3.00%, 11/15/2044
|
50,821
|
43,212
|
2.88%, 8/15/2045
|
4,490
|
3,721
|
2.50%, 2/15/2046
|
70,000
|
54,050
|
2.25%, 8/15/2046
|
179,932
|
131,793
|
3.00%, 2/15/2047
|
5,431
|
4,587
|
3.00%, 2/15/2048
|
78,220
|
66,117
|
3.13%, 5/15/2048
|
43,243
|
37,398
|
2.88%, 5/15/2049
|
12,946
|
10,717
|
2.25%, 8/15/2049
|
180,150
|
130,869
|
2.38%, 11/15/2049
|
98,830
|
73,787
|
2.00%, 2/15/2050
|
76,853
|
52,605
|
1.25%, 5/15/2050
|
4,667
|
2,616
|
1.38%, 8/15/2050
|
25,855
|
14,978
|
1.63%, 11/15/2050
|
76,730
|
47,534
|
1.88%, 2/15/2051
|
204,145
|
134,848
|
2.38%, 5/15/2051
|
166,815
|
123,958
|
2.00%, 8/15/2051
|
144,750
|
98,447
|
1.88%, 11/15/2051
|
200,075
|
131,643
|
2.25%, 2/15/2052
|
165,840
|
119,612
|
2.88%, 5/15/2052
|
131,125
|
108,578
|
3.00%, 8/15/2052
|
219,630
|
186,660
|
3.63%, 2/15/2053
|
40,000
|
38,419
|
U.S. Treasury Inflation Indexed Bonds
|
|
|
1.75%, 1/15/2028
|
3,026
|
3,029
|
3.63%, 4/15/2028
|
16,919
|
18,405
|
2.50%, 1/15/2029
|
5,043
|
5,268
|
U.S. Treasury Notes
|
|
|
2.13%, 9/30/2024
|
25,000
|
24,117
|
2.25%, 11/15/2024
|
3,021
|
2,914
|
2.00%, 2/15/2025
|
155,000
|
148,437
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
U.S. Treasury Obligations — continued
|
||
2.88%, 4/30/2025
|
4,925
|
4,780
|
2.13%, 5/15/2025
|
105,395
|
100,833
|
2.88%, 5/31/2025
|
40,158
|
38,977
|
2.00%, 8/15/2025
|
141,304
|
134,470
|
2.25%, 11/15/2025
|
110,049
|
105,024
|
4.00%, 12/15/2025
|
195,000
|
194,215
|
0.38%, 1/31/2026
|
45,675
|
41,400
|
0.50%, 2/28/2026
|
403,160
|
365,710
|
2.50%, 2/28/2026
|
12,550
|
12,032
|
0.75%, 4/30/2026
|
15,670
|
14,257
|
0.88%, 6/30/2026
|
248,957
|
226,716
|
0.88%, 9/30/2026
|
237,283
|
214,565
|
2.00%, 11/15/2026
|
10,000
|
9,366
|
1.75%, 12/31/2026
|
64,262
|
59,598
|
1.50%, 1/31/2027
|
5,196
|
4,765
|
2.63%, 5/31/2027
|
200,000
|
190,562
|
2.75%, 7/31/2027
|
113,240
|
108,303
|
3.13%, 8/31/2027
|
111,315
|
108,054
|
0.38%, 9/30/2027
|
31,575
|
27,224
|
4.13%, 10/31/2027
|
318,905
|
322,194
|
1.25%, 3/31/2028
|
160,035
|
142,037
|
1.25%, 4/30/2028
|
85,520
|
75,782
|
2.88%, 5/15/2028
|
7,030
|
6,738
|
1.25%, 6/30/2028
|
782,087
|
690,681
|
1.00%, 7/31/2028
|
225,000
|
195,724
|
1.75%, 1/31/2029
|
48,420
|
43,440
|
1.88%, 2/28/2029
|
218,300
|
197,016
|
2.88%, 4/30/2029
|
549,000
|
523,051
|
3.25%, 6/30/2029
|
270,000
|
262,470
|
3.13%, 8/31/2029
|
109,865
|
106,037
|
3.88%, 9/30/2029
|
175,000
|
176,148
|
4.00%, 10/31/2029
|
113,000
|
114,580
|
1.63%, 5/15/2031
|
23,990
|
20,686
|
1.25%, 8/15/2031
|
115,000
|
95,661
|
1.38%, 11/15/2031
|
78,783
|
65,870
|
1.88%, 2/15/2032
|
412,700
|
358,662
|
2.88%, 5/15/2032
|
116,650
|
109,738
|
2.75%, 8/15/2032
|
171,000
|
159,010
|
4.13%, 11/15/2032
|
21,000
|
21,778
|
U.S. Treasury STRIPS Bonds
|
|
|
2.40%, 2/15/2024 (a)
|
92,209
|
88,994
|
3.10%, 5/15/2024 (a)
|
67,278
|
64,197
|
3.38%, 8/15/2024 (a)
|
51,591
|
48,713
|
8.53%, 11/15/2024 (a)
|
3,200
|
2,994
|
7.32%, 2/15/2025 (a)
|
6,601
|
6,121
|
5.72%, 2/15/2026 (a)
|
6,700
|
6,007
|
5.82%, 5/15/2026 (a)
|
24,999
|
22,219
|
0.68%, 11/15/2026 (a)
|
10,990
|
9,600
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
U.S. Treasury Obligations — continued
|
||
1.37%, 11/15/2027 (a)
|
50,000
|
42,197
|
1.70%, 8/15/2029 (a)
|
100,000
|
79,313
|
1.83%, 11/15/2030 (a)
|
100,000
|
75,829
|
4.81%, 5/15/2032 (a)
|
113,297
|
81,192
|
3.70%, 8/15/2032 (a)
|
149,800
|
106,242
|
4.02%, 11/15/2032 (a)
|
122,788
|
86,200
|
4.25%, 2/15/2033 (a)
|
36,300
|
25,222
|
4.36%, 5/15/2033 (a)
|
108,105
|
74,293
|
6.28%, 8/15/2033 (a)
|
24,963
|
16,979
|
7.00%, 11/15/2033 (a)
|
33,709
|
22,684
|
Total U.S. Treasury Obligations
(Cost $11,558,769)
|
|
10,252,999
|
Corporate Bonds — 22.5%
|
||
Aerospace & Defense — 0.6%
|
||
Airbus SE (France) 3.95%, 4/10/2047 (b)
|
1,046
|
879
|
BAE Systems Holdings, Inc. (United Kingdom) 3.80%, 10/7/2024 (b)
|
5,000
|
4,890
|
BAE Systems plc (United Kingdom)
|
|
|
1.90%, 2/15/2031 (b)
|
14,745
|
11,900
|
5.80%, 10/11/2041 (b)
|
2,500
|
2,538
|
3.00%, 9/15/2050 (b)
|
5,645
|
3,769
|
Boeing Co. (The)
|
|
|
4.88%, 5/1/2025
|
9,325
|
9,230
|
2.75%, 2/1/2026
|
10,982
|
10,285
|
2.20%, 2/4/2026
|
22,360
|
20,808
|
3.10%, 5/1/2026
|
9,560
|
9,006
|
5.04%, 5/1/2027
|
9,155
|
9,089
|
5.15%, 5/1/2030
|
14,590
|
14,470
|
3.60%, 5/1/2034
|
5,076
|
4,303
|
5.71%, 5/1/2040
|
12,565
|
12,379
|
5.81%, 5/1/2050
|
14,000
|
13,706
|
L3Harris Technologies, Inc. 4.85%, 4/27/2035
|
1,918
|
1,843
|
Leidos, Inc.
|
|
|
2.30%, 2/15/2031
|
8,020
|
6,261
|
5.75%, 3/15/2033
|
8,600
|
8,539
|
Northrop Grumman Corp. 5.15%, 5/1/2040
|
13,000
|
12,751
|
Raytheon Technologies Corp.
|
|
|
3.20%, 3/15/2024
|
2,992
|
2,943
|
5.15%, 2/27/2033
|
11,955
|
12,158
|
4.50%, 6/1/2042
|
13,927
|
12,718
|
4.15%, 5/15/2045
|
7,861
|
6,653
|
3.75%, 11/1/2046
|
7,060
|
5,612
|
4.35%, 4/15/2047
|
4,020
|
3,504
|
2.82%, 9/1/2051
|
10,000
|
6,575
|
3.03%, 3/15/2052
|
3,840
|
2,651
|
|
|
209,460
|
Automobile Components — 0.0% ^
|
||
Lear Corp. 2.60%, 1/15/2032
|
3,330
|
2,592
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Automobiles — 0.2%
|
||
Hyundai Capital America
|
|
|
1.80%, 10/15/2025 (b)
|
8,870
|
8,136
|
1.30%, 1/8/2026 (b)
|
7,365
|
6,605
|
1.50%, 6/15/2026 (b)
|
17,530
|
15,554
|
2.38%, 10/15/2027 (b)
|
9,020
|
7,944
|
1.80%, 1/10/2028 (b)
|
12,950
|
11,018
|
Mercedes-Benz Finance North America LLC (Germany) 3.30%, 5/19/2025 (b)
|
1,200
|
1,161
|
Stellantis Finance US, Inc. 2.69%, 9/15/2031 (b)
|
12,937
|
10,282
|
Volkswagen Group of America Finance LLC (Germany) 1.63%, 11/24/2027 (b)
|
6,615
|
5,721
|
|
|
66,421
|
Banks — 4.6%
|
||
ABN AMRO Bank NV (Netherlands) (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.47%,
12/13/2029 (b) (c)
|
15,800
|
13,343
|
AIB Group plc (Ireland) (ICE LIBOR USD 3 Month + 1.87%), 4.26%, 4/10/2025 (b) (c)
|
1,670
|
1,631
|
ANZ New Zealand Int'l Ltd. (New Zealand)
|
|
|
3.45%, 1/21/2028 (b)
|
2,000
|
1,870
|
2.55%, 2/13/2030 (b)
|
3,050
|
2,606
|
Australia & New Zealand Banking Group Ltd. (Australia)
|
|
|
4.40%, 5/19/2026 (b) (d)
|
1,834
|
1,756
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.29%), 2.95%, 7/22/2030 (b) (c)
|
4,560
|
4,177
|
Banco Santander SA (Spain)
|
|
|
5.15%, 8/18/2025
|
3,600
|
3,553
|
1.85%, 3/25/2026
|
20,400
|
18,333
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.90%), 1.72%, 9/14/2027 (c)
|
8,600
|
7,513
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.60%), 3.22%, 11/22/2032 (c)
|
13,400
|
10,569
|
Bank of America Corp.
|
|
|
(3-MONTH CME TERM SOFR + 1.07%), 3.37%, 1/23/2026 (c)
|
5,215
|
5,010
|
4.25%, 10/22/2026
|
6,055
|
5,857
|
(SOFR + 1.29%), 5.08%, 1/20/2027 (c)
|
21,849
|
21,685
|
Series N, (SOFR + 0.91%), 1.66%, 3/11/2027 (c)
|
6,250
|
5,646
|
(SOFR + 0.96%), 1.73%, 7/22/2027 (c)
|
9,615
|
8,575
|
(3-MONTH CME TERM SOFR + 1.51%), 3.71%, 4/24/2028 (c)
|
10,025
|
9,423
|
(SOFR + 1.58%), 4.38%, 4/27/2028 (c)
|
26,190
|
25,322
|
(3-MONTH CME TERM SOFR + 1.63%), 3.59%, 7/21/2028 (c)
|
29,628
|
27,618
|
(3-MONTH CME TERM SOFR + 1.04%), 3.42%, 12/20/2028 (c)
|
49,969
|
45,951
|
(3-MONTH CME TERM SOFR + 1.33%), 3.97%, 3/5/2029 (c)
|
7,135
|
6,730
|
(SOFR + 1.63%), 5.20%, 4/25/2029 (c)
|
34,400
|
34,279
|
(SOFR + 1.06%), 2.09%, 6/14/2029 (c)
|
19,095
|
16,351
|
(SOFR + 1.32%), 2.69%, 4/22/2032 (c)
|
22,915
|
18,937
|
(SOFR + 1.21%), 2.57%, 10/20/2032 (c)
|
19,870
|
16,135
|
(SOFR + 1.91%), 5.29%, 4/25/2034 (c)
|
35,000
|
34,778
|
(SOFR + 1.93%), 2.68%, 6/19/2041 (c)
|
54,117
|
37,147
|
Bank of Ireland Group plc (Ireland)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.65%), 6.25%, 9/16/2026 (b) (c)
|
9,769
|
9,727
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.03%, 9/30/2027 (b) (c)
|
34,388
|
29,881
|
Bank of Montreal (Canada)
|
|
|
5.30%, 6/5/2026
|
11,390
|
11,403
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
(USD Swap Semi 5 Year + 1.43%), 3.80%, 12/15/2032 (c) (d)
|
5,021
|
4,481
|
Bank of Nova Scotia (The) (Canada) 4.85%, 2/1/2030
|
26,370
|
25,784
|
Banque Federative du Credit Mutuel SA (France) 1.60%, 10/4/2026 (b)
|
23,810
|
21,110
|
Barclays plc (United Kingdom)
|
|
|
(SOFR + 2.21%), 5.83%, 5/9/2027 (c)
|
8,500
|
8,481
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.30%), 2.89%, 11/24/2032 (c)
|
10,428
|
8,237
|
BNP Paribas SA (France)
|
|
|
(SOFR + 2.07%), 2.22%, 6/9/2026 (b) (c)
|
12,126
|
11,254
|
(SOFR + 1.00%), 1.32%, 1/13/2027 (b) (c)
|
4,819
|
4,299
|
(SOFR + 1.22%), 2.16%, 9/15/2029 (b) (c)
|
5,062
|
4,254
|
(SOFR + 1.56%), 3.13%, 1/20/2033 (b) (c)
|
12,958
|
10,750
|
BPCE SA (France)
|
|
|
4.63%, 7/11/2024 (b)
|
11,600
|
11,352
|
1.00%, 1/20/2026 (b)
|
20,500
|
18,349
|
(SOFR + 1.52%), 1.65%, 10/6/2026 (b) (c)
|
11,406
|
10,265
|
3.38%, 12/2/2026
|
4,230
|
3,953
|
(SOFR + 2.10%), 5.97%, 1/18/2027 (b) (c)
|
17,265
|
17,244
|
(SOFR + 1.31%), 2.28%, 1/20/2032 (b) (c)
|
15,245
|
11,811
|
(SOFR + 1.73%), 3.12%, 10/19/2032 (b) (c)
|
26,000
|
20,101
|
Canadian Imperial Bank of Commerce (Canada) 3.60%, 4/7/2032
|
8,000
|
7,198
|
Citigroup, Inc.
|
|
|
4.40%, 6/10/2025
|
13,411
|
13,097
|
4.30%, 11/20/2026
|
6,200
|
5,983
|
4.45%, 9/29/2027
|
1,491
|
1,433
|
(3-MONTH CME TERM SOFR + 1.82%), 3.89%, 1/10/2028 (c)
|
12,240
|
11,649
|
6.63%, 1/15/2028
|
3,363
|
3,584
|
(3-MONTH CME TERM SOFR + 1.65%), 3.67%, 7/24/2028 (c)
|
41,323
|
38,843
|
(3-MONTH CME TERM SOFR + 1.41%), 3.52%, 10/27/2028 (c)
|
11,100
|
10,328
|
(3-MONTH CME TERM SOFR + 1.45%), 4.07%, 4/23/2029 (c)
|
6,399
|
6,046
|
(SOFR + 1.18%), 2.52%, 11/3/2032 (c)
|
17,190
|
13,874
|
(SOFR + 2.66%), 6.17%, 5/25/2034 (c)
|
8,441
|
8,560
|
(3-MONTH CME TERM SOFR + 1.43%), 3.88%, 1/24/2039 (c)
|
3,330
|
2,793
|
(SOFR + 1.38%), 2.90%, 11/3/2042 (c)
|
1,901
|
1,336
|
5.30%, 5/6/2044
|
698
|
638
|
Commonwealth Bank of Australia (Australia) 3.31%, 3/11/2041 (b) (d)
|
4,795
|
3,319
|
Cooperatieve Rabobank UA (Netherlands)
|
|
|
4.38%, 8/4/2025
|
7,101
|
6,915
|
3.75%, 7/21/2026
|
8,564
|
8,041
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.22%), 3.65%, 4/6/2028 (b) (c)
|
12,800
|
11,939
|
Credit Agricole SA (France)
|
|
|
4.38%, 3/17/2025 (b)
|
4,405
|
4,263
|
(SOFR + 1.68%), 1.91%, 6/16/2026 (b) (c)
|
15,810
|
14,611
|
(SOFR + 0.89%), 1.25%, 1/26/2027 (b) (c)
|
8,688
|
7,727
|
2.81%, 1/11/2041 (b)
|
9,880
|
6,477
|
Danske Bank A/S (Denmark)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.55%), 0.98%, 9/10/2025 (b) (c)
|
4,516
|
4,209
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.10%), 6.47%, 1/9/2026 (b) (c)
|
13,430
|
13,447
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
Discover Bank 4.25%, 3/13/2026
|
8,109
|
7,730
|
DNB Bank ASA (Norway) (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.68%), 1.60%,
3/30/2028 (b) (c)
|
22,075
|
19,198
|
HSBC Holdings plc (United Kingdom)
|
|
|
(SOFR + 1.54%), 1.64%, 4/18/2026 (c)
|
2,400
|
2,215
|
(ICE LIBOR USD 3 Month + 1.35%), 4.29%, 9/12/2026 (c)
|
4,932
|
4,768
|
(SOFR + 1.29%), 1.59%, 5/24/2027 (c)
|
5,100
|
4,526
|
(ICE LIBOR USD 3 Month + 1.55%), 4.04%, 3/13/2028 (c)
|
17,888
|
16,878
|
(SOFR + 1.73%), 2.01%, 9/22/2028 (c)
|
25,865
|
22,382
|
(SOFR + 1.29%), 2.21%, 8/17/2029 (c)
|
13,465
|
11,355
|
(SOFR + 1.95%), 2.36%, 8/18/2031 (c)
|
20,470
|
16,472
|
7.63%, 5/17/2032
|
4,950
|
5,273
|
(SOFR + 1.41%), 2.87%, 11/22/2032 (c)
|
13,085
|
10,541
|
(SOFR + 2.39%), 6.25%, 3/9/2034 (c)
|
12,000
|
12,344
|
6.10%, 1/14/2042
|
3,835
|
4,045
|
ING Groep NV (Netherlands)
|
|
|
3.95%, 3/29/2027
|
2,572
|
2,453
|
(SOFR + 1.01%), 1.73%, 4/1/2027 (c)
|
8,840
|
7,925
|
KeyCorp (SOFRINDX + 2.06%), 4.79%, 6/1/2033 (c)
|
3,780
|
3,265
|
Lloyds Banking Group plc (United Kingdom)
|
|
|
4.58%, 12/10/2025
|
4,700
|
4,484
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.60%), 3.51%, 3/18/2026 (c)
|
15,180
|
14,501
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.85%), 1.63%, 5/11/2027 (c)
|
12,150
|
10,852
|
4.38%, 3/22/2028
|
6,745
|
6,494
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.70%), 5.87%, 3/6/2029 (c)
|
18,495
|
18,637
|
Mitsubishi UFJ Financial Group, Inc. (Japan)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.75%), 1.54%, 7/20/2027 (c)
|
17,660
|
15,632
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.67%), 1.64%, 10/13/2027 (c)
|
14,590
|
12,864
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.70%), 5.24%, 4/19/2029 (c)
|
7,475
|
7,454
|
2.05%, 7/17/2030
|
23,420
|
19,107
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.63%), 5.44%, 2/22/2034 (c)
|
15,910
|
16,026
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.97%), 5.41%, 4/19/2034 (c)
|
15,000
|
15,068
|
3.75%, 7/18/2039
|
10,875
|
9,151
|
Mizuho Financial Group Cayman 3 Ltd. (Japan) 4.60%, 3/27/2024 (b) (d)
|
5,440
|
5,367
|
Mizuho Financial Group, Inc. (Japan)
|
|
|
(ICE LIBOR USD 3 Month + 0.83%), 2.23%, 5/25/2026 (c)
|
13,350
|
12,455
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.67%), 1.23%, 5/22/2027 (c)
|
16,739
|
14,766
|
3.17%, 9/11/2027
|
4,000
|
3,690
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.05%), 5.41%, 9/13/2028 (c)
|
20,000
|
20,081
|
(SOFR + 1.57%), 2.87%, 9/13/2030 (c)
|
11,274
|
9,678
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.65%), 5.74%, 5/27/2031 (c)
|
26,000
|
26,426
|
National Australia Bank Ltd. (Australia)
|
|
|
2.33%, 8/21/2030 (b) (d)
|
10,430
|
8,134
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.88%), 3.93%, 8/2/2034 (b) (c) (d)
|
16,395
|
14,202
|
NatWest Group plc (United Kingdom)
|
|
|
(ICE LIBOR USD 3 Month + 1.55%), 4.52%, 6/25/2024 (c)
|
2,780
|
2,775
|
(ICE LIBOR USD 3 Month + 1.76%), 4.27%, 3/22/2025 (c)
|
5,845
|
5,746
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
4.80%, 4/5/2026
|
11,867
|
11,697
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.85%), 7.47%, 11/10/2026 (c)
|
8,000
|
8,304
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.35%), 5.85%, 3/2/2027 (c)
|
2,715
|
2,722
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.55%), 3.07%, 5/22/2028 (c)
|
4,475
|
4,067
|
(ICE LIBOR USD 3 Month + 1.75%), 4.89%, 5/18/2029 (c)
|
5,794
|
5,585
|
(ICE LIBOR USD 3 Month + 1.87%), 4.44%, 5/8/2030 (c)
|
6,946
|
6,501
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.10%), 6.02%, 3/2/2034 (c)
|
14,835
|
15,133
|
NatWest Markets plc (United Kingdom) 1.60%, 9/29/2026 (b)
|
31,620
|
28,166
|
Nordea Bank Abp (Finland) 5.38%, 9/22/2027 (b)
|
16,730
|
16,661
|
Santander UK Group Holdings plc (United Kingdom)
|
|
|
(SOFR + 2.75%), 6.83%, 11/21/2026 (c)
|
22,605
|
22,860
|
(SOFR + 0.99%), 1.67%, 6/14/2027 (c)
|
14,830
|
12,849
|
(SOFR + 2.60%), 6.53%, 1/10/2029 (c)
|
45,000
|
45,711
|
Societe Generale SA (France)
|
|
|
5.00%, 1/17/2024 (b)
|
7,200
|
7,084
|
4.25%, 4/14/2025 (b)
|
20,735
|
19,847
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.05%), 2.23%, 1/21/2026 (b) (c)
|
5,000
|
4,641
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 1.49%, 12/14/2026 (b) (c)
|
8,995
|
7,927
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.30%), 6.45%, 1/12/2027 (b) (c)
|
20,000
|
20,041
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 1.79%, 6/9/2027 (b) (c)
|
7,650
|
6,681
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.55%), 6.45%, 1/10/2029 (b) (c)
|
20,000
|
20,164
|
3.00%, 1/22/2030 (b)
|
6,844
|
5,699
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.30%), 2.89%, 6/9/2032 (b) (c)
|
31,110
|
24,481
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.90%), 4.03%, 1/21/2043 (b) (c)
|
5,900
|
3,866
|
Standard Chartered plc (United Kingdom)
|
|
|
(ICE LIBOR USD 3 Month + 1.21%), 2.82%, 1/30/2026 (b) (c)
|
9,000
|
8,506
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 1.46%, 1/14/2027 (b) (c)
|
30,497
|
27,064
|
(USD ICE Swap Rate 5 Year + 1.97%), 4.87%, 3/15/2033 (b) (c)
|
2,000
|
1,834
|
Sumitomo Mitsui Financial Group, Inc. (Japan)
|
|
|
4.44%, 4/2/2024 (b) (d)
|
1,246
|
1,228
|
2.63%, 7/14/2026
|
6,102
|
5,643
|
3.01%, 10/19/2026
|
2,517
|
2,347
|
5.52%, 1/13/2028
|
23,065
|
23,433
|
3.04%, 7/16/2029
|
25,422
|
22,426
|
5.71%, 1/13/2030
|
23,065
|
23,650
|
Truist Financial Corp. (SOFR + 1.85%), 5.12%, 1/26/2034 (c)
|
12,630
|
12,065
|
UniCredit SpA (Italy)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.30%), 2.57%, 9/22/2026 (b) (c)
|
14,000
|
12,655
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.20%), 1.98%, 6/3/2027 (b) (c)
|
10,885
|
9,628
|
(USD ICE Swap Rate 5 Year + 3.70%), 5.86%, 6/19/2032 (b) (c)
|
15,000
|
13,585
|
(USD ICE Swap Rate 5 Year + 4.91%), 7.30%, 4/2/2034 (b) (c)
|
5,000
|
4,755
|
Wells Fargo & Co.
|
|
|
4.30%, 7/22/2027
|
2,925
|
2,819
|
(SOFR + 2.53%), 3.07%, 4/30/2041 (c)
|
11,119
|
8,078
|
5.38%, 11/2/2043
|
2,755
|
2,590
|
4.65%, 11/4/2044
|
11,097
|
9,423
|
4.40%, 6/14/2046
|
4,816
|
3,893
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Banks — continued
|
||
(SOFR + 2.13%), 4.61%, 4/25/2053 (c)
|
2,800
|
2,416
|
Wells Fargo Bank NA 5.85%, 2/1/2037
|
1,720
|
1,757
|
Westpac Banking Corp. (Australia)
|
|
|
(USD ICE Swap Rate 5 Year + 2.24%), 4.32%, 11/23/2031 (c) (d)
|
5,855
|
5,469
|
3.13%, 11/18/2041 (d)
|
11,364
|
7,700
|
|
|
1,772,452
|
Beverages — 0.3%
|
||
Anheuser-Busch Cos. LLC (Belgium)
|
|
|
4.70%, 2/1/2036
|
21,807
|
21,362
|
4.90%, 2/1/2046
|
19,194
|
18,228
|
Anheuser-Busch InBev Finance, Inc. (Belgium) 4.63%, 2/1/2044
|
1,460
|
1,354
|
Anheuser-Busch InBev Worldwide, Inc. (Belgium)
|
|
|
4.38%, 4/15/2038
|
13,419
|
12,578
|
4.44%, 10/6/2048
|
28,858
|
25,925
|
5.80%, 1/23/2059
|
605
|
653
|
Coca-Cola Femsa SAB de CV (Mexico)
|
|
|
2.75%, 1/22/2030
|
5,933
|
5,248
|
1.85%, 9/1/2032
|
11,205
|
8,760
|
Constellation Brands, Inc.
|
|
|
4.75%, 5/9/2032
|
5,000
|
4,874
|
4.50%, 5/9/2047
|
3,680
|
3,125
|
5.25%, 11/15/2048
|
3,091
|
2,904
|
Keurig Dr Pepper, Inc. 3.20%, 5/1/2030
|
13,500
|
12,216
|
Molson Coors Beverage Co. 4.20%, 7/15/2046
|
5,000
|
4,041
|
|
|
121,268
|
Biotechnology — 0.6%
|
||
AbbVie, Inc.
|
|
|
3.85%, 6/15/2024
|
3,041
|
2,997
|
3.20%, 11/21/2029
|
27,601
|
25,052
|
4.55%, 3/15/2035
|
3,881
|
3,699
|
4.50%, 5/14/2035
|
15,614
|
14,814
|
4.05%, 11/21/2039
|
33,708
|
28,909
|
4.63%, 10/1/2042
|
9,850
|
8,748
|
4.40%, 11/6/2042
|
12,902
|
11,326
|
4.75%, 3/15/2045
|
7,000
|
6,335
|
4.45%, 5/14/2046
|
2,145
|
1,849
|
4.25%, 11/21/2049
|
10,194
|
8,634
|
Amgen, Inc.
|
|
|
5.25%, 3/2/2030
|
17,235
|
17,369
|
5.25%, 3/2/2033
|
25,060
|
25,149
|
3.15%, 2/21/2040
|
5,870
|
4,420
|
5.60%, 3/2/2043
|
15,346
|
15,200
|
4.66%, 6/15/2051
|
17,300
|
15,235
|
5.75%, 3/2/2063
|
7,500
|
7,454
|
Baxalta, Inc. 5.25%, 6/23/2045
|
327
|
311
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Biotechnology — continued
|
||
Gilead Sciences, Inc.
|
|
|
1.65%, 10/1/2030
|
9,165
|
7,483
|
2.60%, 10/1/2040
|
11,110
|
7,940
|
|
|
212,924
|
Broadline Retail — 0.1%
|
||
Amazon.com, Inc.
|
|
|
3.88%, 8/22/2037
|
9,440
|
8,651
|
3.95%, 4/13/2052
|
27,400
|
23,449
|
3.25%, 5/12/2061
|
7,000
|
4,972
|
|
|
37,072
|
Building Products — 0.1%
|
||
Masco Corp.
|
|
|
2.00%, 10/1/2030
|
5,820
|
4,614
|
6.50%, 8/15/2032
|
10,095
|
10,467
|
4.50%, 5/15/2047
|
3,130
|
2,498
|
Trane Technologies Financing Ltd. 5.25%, 3/3/2033
|
10,410
|
10,599
|
|
|
28,178
|
Capital Markets — 1.9%
|
||
Blackstone Holdings Finance Co. LLC 4.45%, 7/15/2045 (b)
|
3,107
|
2,468
|
Blackstone Secured Lending Fund 3.65%, 7/14/2023
|
13,980
|
13,916
|
Brookfield Finance, Inc. (Canada)
|
|
|
3.90%, 1/25/2028
|
3,664
|
3,426
|
4.85%, 3/29/2029
|
5,160
|
4,972
|
4.70%, 9/20/2047
|
1,075
|
892
|
Charles Schwab Corp. (The)
|
|
|
3.20%, 3/2/2027
|
5,710
|
5,241
|
3.20%, 1/25/2028
|
1,270
|
1,154
|
Credit Suisse AG (Switzerland)
|
|
|
Series FXD, 0.52%, 8/9/2023
|
13,686
|
13,501
|
3.63%, 9/9/2024
|
4,326
|
4,140
|
7.95%, 1/9/2025
|
5,755
|
5,843
|
3.70%, 2/21/2025
|
5,805
|
5,508
|
2.95%, 4/9/2025
|
11,750
|
10,994
|
1.25%, 8/7/2026
|
19,107
|
16,336
|
7.50%, 2/15/2028
|
3,598
|
3,811
|
Credit Suisse Group AG (Switzerland)
|
|
|
3.80%, 6/9/2023
|
8,085
|
8,069
|
(SOFR + 1.56%), 2.59%, 9/11/2025 (b) (c)
|
29,408
|
27,678
|
(SOFR + 2.04%), 2.19%, 6/5/2026 (b) (c)
|
9,320
|
8,443
|
(SOFRINDX + 0.98%), 1.31%, 2/2/2027 (b) (c)
|
24,200
|
20,897
|
4.28%, 1/9/2028 (b)
|
12,016
|
10,984
|
(ICE LIBOR USD 3 Month + 1.41%), 3.87%, 1/12/2029 (b) (c)
|
2,991
|
2,670
|
(SOFR + 1.73%), 3.09%, 5/14/2032 (b) (c)
|
14,885
|
11,966
|
Deutsche Bank AG (Germany)
|
|
|
(SOFR + 2.16%), 2.22%, 9/18/2024 (c)
|
26,205
|
25,700
|
(SOFR + 1.87%), 2.13%, 11/24/2026 (c)
|
13,585
|
12,051
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Capital Markets — continued
|
||
(SOFR + 3.18%), 6.72%, 1/18/2029 (c)
|
5,675
|
5,698
|
(SOFR + 1.72%), 3.04%, 5/28/2032 (c)
|
15,977
|
12,675
|
FMR LLC 6.45%, 11/15/2039 (b)
|
2,242
|
2,331
|
Goldman Sachs Group, Inc. (The)
|
|
|
(3-MONTH CME TERM SOFR + 1.46%), 3.27%, 9/29/2025 (c)
|
13,398
|
12,956
|
4.25%, 10/21/2025
|
10,573
|
10,301
|
3.50%, 11/16/2026
|
18,000
|
17,060
|
3.85%, 1/26/2027
|
18,677
|
17,942
|
(SOFR + 0.80%), 1.43%, 3/9/2027 (c)
|
32,000
|
28,749
|
(SOFR + 0.91%), 1.95%, 10/21/2027 (c)
|
14,889
|
13,260
|
(SOFR + 1.85%), 3.62%, 3/15/2028 (c)
|
15,385
|
14,520
|
(3-MONTH CME TERM SOFR + 1.77%), 3.69%, 6/5/2028 (c)
|
47,377
|
44,633
|
(SOFR + 1.28%), 2.62%, 4/22/2032 (c)
|
11,700
|
9,651
|
(SOFR + 1.25%), 2.38%, 7/21/2032 (c)
|
12,855
|
10,350
|
6.75%, 10/1/2037
|
1,435
|
1,531
|
(3-MONTH CME TERM SOFR + 1.63%), 4.02%, 10/31/2038 (c)
|
4,600
|
3,878
|
(3-MONTH CME TERM SOFR + 1.69%), 4.41%, 4/23/2039 (c)
|
16,126
|
14,130
|
(SOFR + 1.51%), 3.21%, 4/22/2042 (c)
|
1,000
|
732
|
(SOFR + 1.63%), 3.44%, 2/24/2043 (c)
|
5,469
|
4,093
|
Jefferies Financial Group, Inc. 6.45%, 6/8/2027
|
3,725
|
3,853
|
Macquarie Bank Ltd. (Australia) (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.70%), 3.05%,
3/3/2036 (b) (c) (d)
|
8,095
|
6,108
|
Macquarie Group Ltd. (Australia)
|
|
|
6.21%, 11/22/2024 (b)
|
22,160
|
22,309
|
(SOFR + 1.07%), 1.34%, 1/12/2027 (b) (c)
|
6,735
|
6,028
|
(ICE LIBOR USD 3 Month + 1.75%), 5.03%, 1/15/2030 (b) (c)
|
22,700
|
22,322
|
Morgan Stanley
|
|
|
(SOFR + 1.99%), 2.19%, 4/28/2026 (c)
|
17,658
|
16,671
|
4.35%, 9/8/2026
|
1,640
|
1,600
|
(SOFR + 1.00%), 2.48%, 1/21/2028 (c)
|
5,806
|
5,271
|
(ICE LIBOR USD 3 Month + 1.34%), 3.59%, 7/22/2028 (c)
|
13,333
|
12,447
|
(3-MONTH CME TERM SOFR + 1.14%), 3.77%, 1/24/2029 (c)
|
7,397
|
6,935
|
(SOFR + 1.73%), 5.12%, 2/1/2029 (c)
|
19,325
|
19,228
|
(SOFR + 1.59%), 5.16%, 4/20/2029 (c)
|
12,760
|
12,718
|
(3-MONTH CME TERM SOFR + 1.63%), 4.43%, 1/23/2030 (c)
|
17,528
|
16,825
|
(SOFR + 1.03%), 1.79%, 2/13/2032 (c)
|
11,200
|
8,709
|
(SOFR + 1.87%), 5.25%, 4/21/2034 (c)
|
28,395
|
28,198
|
(3-MONTH CME TERM SOFR + 1.69%), 4.46%, 4/22/2039 (c)
|
10,600
|
9,494
|
(SOFR + 1.49%), 3.22%, 4/22/2042 (c)
|
9,350
|
6,988
|
Nomura Holdings, Inc. (Japan)
|
|
|
2.65%, 1/16/2025
|
11,898
|
11,274
|
2.68%, 7/16/2030
|
12,180
|
10,028
|
Northern Trust Corp. (ICE LIBOR USD 3 Month + 1.13%), 3.38%, 5/8/2032 (c)
|
2,762
|
2,466
|
S&P Global, Inc. 2.90%, 3/1/2032
|
13,602
|
11,830
|
State Street Corp. (SOFR + 1.57%), 4.82%, 1/26/2034 (c)
|
9,010
|
8,790
|
UBS Group AG (Switzerland)
|
|
|
4.25%, 3/23/2028 (b)
|
20,000
|
18,684
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Capital Markets — continued
|
||
(ICE LIBOR USD 3 Month + 1.47%), 3.13%, 8/13/2030 (b) (c)
|
6,470
|
5,540
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 2.09%, 2/11/2032 (b) (c)
|
10,750
|
8,296
|
(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.75%, 2/11/2033 (b) (c)
|
10,550
|
8,340
|
|
|
736,102
|
Chemicals — 0.2%
|
||
Albemarle Corp.
|
|
|
5.05%, 6/1/2032
|
4,336
|
4,191
|
5.45%, 12/1/2044
|
3,800
|
3,537
|
CF Industries, Inc.
|
|
|
5.15%, 3/15/2034
|
3,570
|
3,386
|
4.95%, 6/1/2043
|
16,825
|
14,047
|
Dow Chemical Co. (The) 4.55%, 11/30/2025
|
249
|
245
|
DuPont de Nemours, Inc. 5.32%, 11/15/2038
|
12,320
|
12,125
|
International Flavors & Fragrances, Inc.
|
|
|
2.30%, 11/1/2030 (b)
|
12,621
|
10,020
|
3.27%, 11/15/2040 (b)
|
7,650
|
5,280
|
5.00%, 9/26/2048
|
4,346
|
3,611
|
LYB International Finance BV 4.88%, 3/15/2044
|
3,223
|
2,782
|
LYB International Finance III LLC 4.20%, 10/15/2049
|
4,468
|
3,336
|
Nutrien Ltd. (Canada)
|
|
|
4.13%, 3/15/2035
|
6,522
|
5,778
|
5.25%, 1/15/2045
|
4,729
|
4,340
|
5.00%, 4/1/2049
|
4,150
|
3,683
|
Union Carbide Corp. 7.75%, 10/1/2096
|
2,719
|
3,242
|
|
|
79,603
|
Commercial Services & Supplies — 0.0% ^
|
||
Ford Foundation (The) Series 2020, 2.82%, 6/1/2070
|
4,000
|
2,393
|
Republic Services, Inc. 5.00%, 4/1/2034
|
8,470
|
8,481
|
|
|
10,874
|
Construction & Engineering — 0.0% ^
|
||
Mexico City Airport Trust (Mexico) 5.50%, 7/31/2047 (b)
|
1,048
|
799
|
Quanta Services, Inc.
|
|
|
2.35%, 1/15/2032
|
17,240
|
13,695
|
3.05%, 10/1/2041
|
3,330
|
2,279
|
|
|
16,773
|
Construction Materials — 0.0% ^
|
||
CRH America, Inc. (Ireland)
|
|
|
3.88%, 5/18/2025 (b)
|
2,811
|
2,727
|
5.13%, 5/18/2045 (b)
|
6,052
|
5,454
|
Martin Marietta Materials, Inc.
|
|
|
3.45%, 6/1/2027
|
5,785
|
5,468
|
3.20%, 7/15/2051
|
4,840
|
3,323
|
|
|
16,972
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Consumer Finance — 1.2%
|
||
AerCap Ireland Capital DAC (Ireland)
|
|
|
4.50%, 9/15/2023
|
31,000
|
30,862
|
1.15%, 10/29/2023
|
15,795
|
15,486
|
4.88%, 1/16/2024
|
4,135
|
4,099
|
1.65%, 10/29/2024
|
840
|
788
|
6.50%, 7/15/2025
|
13,141
|
13,238
|
4.45%, 10/1/2025
|
4,342
|
4,177
|
1.75%, 1/30/2026
|
8,311
|
7,443
|
4.45%, 4/3/2026
|
5,633
|
5,399
|
3.00%, 10/29/2028
|
12,605
|
10,929
|
Avolon Holdings Funding Ltd. (Ireland)
|
|
|
5.13%, 10/1/2023 (b)
|
9,770
|
9,727
|
5.25%, 5/15/2024 (b)
|
7,708
|
7,588
|
3.95%, 7/1/2024 (b)
|
16,176
|
15,646
|
2.88%, 2/15/2025 (b)
|
33,120
|
30,893
|
5.50%, 1/15/2026 (b)
|
33,000
|
31,764
|
2.13%, 2/21/2026 (b)
|
28,294
|
24,889
|
4.25%, 4/15/2026 (b)
|
12,901
|
11,945
|
4.38%, 5/1/2026 (b)
|
5,010
|
4,627
|
2.53%, 11/18/2027 (b)
|
110,463
|
91,321
|
Capital One Financial Corp.
|
|
|
4.20%, 10/29/2025
|
3,000
|
2,848
|
(SOFR + 0.86%), 1.88%, 11/2/2027 (c)
|
2,798
|
2,415
|
(SOFR + 2.06%), 4.93%, 5/10/2028 (c)
|
13,674
|
13,131
|
(SOFR + 1.27%), 2.62%, 11/2/2032 (c)
|
16,445
|
12,632
|
General Motors Financial Co., Inc.
|
|
|
1.20%, 10/15/2024
|
12,395
|
11,662
|
1.25%, 1/8/2026
|
24,223
|
21,750
|
2.35%, 1/8/2031
|
10,244
|
8,007
|
2.70%, 6/10/2031
|
22,045
|
17,505
|
HSBC Finance Corp. 7.63%, 5/17/2032
|
9,000
|
9,354
|
Park Aerospace Holdings Ltd. (Ireland) 5.50%, 2/15/2024 (b)
|
23,761
|
23,504
|
|
|
443,629
|
Consumer Staples Distribution & Retail — 0.2%
|
||
7-Eleven, Inc.
|
|
|
1.80%, 2/10/2031 (b)
|
9,070
|
7,185
|
2.50%, 2/10/2041 (b)
|
9,243
|
6,160
|
Alimentation Couche-Tard, Inc. (Canada)
|
|
|
3.55%, 7/26/2027 (b)
|
7,435
|
6,950
|
3.44%, 5/13/2041 (b)
|
10,460
|
7,510
|
3.63%, 5/13/2051 (b)
|
10,500
|
7,126
|
CVS Pass-Through Trust
|
|
|
7.51%, 1/10/2032 (b)
|
4,225
|
4,472
|
5.93%, 1/10/2034 (b)
|
4,162
|
4,015
|
Series 2013, 4.70%, 1/10/2036 (b)
|
8,261
|
7,696
|
Series 2014, 4.16%, 8/11/2036 (b)
|
1,085
|
944
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Consumer Staples Distribution & Retail — continued
|
||
Kroger Co. (The)
|
|
|
5.40%, 7/15/2040
|
829
|
797
|
5.00%, 4/15/2042
|
9,000
|
8,226
|
3.88%, 10/15/2046
|
11,000
|
8,382
|
|
|
69,463
|
Containers & Packaging — 0.0% ^
|
||
WRKCo, Inc.
|
|
|
3.00%, 9/15/2024
|
920
|
888
|
3.75%, 3/15/2025
|
7,570
|
7,324
|
3.90%, 6/1/2028
|
2,870
|
2,716
|
|
|
10,928
|
Diversified Consumer Services — 0.1%
|
||
Claremont Mckenna College Series 2019, 3.38%, 1/1/2050
|
10,000
|
7,299
|
Clark University 3.32%, 7/1/2052
|
7,000
|
5,060
|
Pepperdine University Series 2020, 3.30%, 12/1/2059
|
9,620
|
6,667
|
University of Miami Series 2022, 4.06%, 4/1/2052
|
6,570
|
5,519
|
University of Southern California Series A, 3.23%, 10/1/2120
|
9,370
|
5,806
|
|
|
30,351
|
Diversified REITs — 0.1%
|
||
Goodman US Finance Three LLC (Australia) 3.70%, 3/15/2028 (b)
|
5,157
|
4,744
|
Safehold GL Holdings LLC
|
|
|
2.80%, 6/15/2031
|
12,000
|
9,362
|
2.85%, 1/15/2032
|
2,972
|
2,296
|
Simon Property Group LP 3.25%, 9/13/2049
|
12,865
|
8,486
|
WP Carey, Inc.
|
|
|
4.00%, 2/1/2025
|
5,300
|
5,153
|
4.25%, 10/1/2026
|
4,970
|
4,791
|
2.45%, 2/1/2032
|
10,980
|
8,585
|
2.25%, 4/1/2033
|
12,000
|
8,970
|
|
|
52,387
|
Diversified Telecommunication Services — 0.5%
|
||
AT&T, Inc.
|
|
|
1.65%, 2/1/2028
|
3,535
|
3,061
|
2.25%, 2/1/2032
|
26,520
|
21,235
|
3.50%, 6/1/2041
|
35,836
|
27,348
|
3.65%, 6/1/2051
|
16,997
|
12,328
|
3.55%, 9/15/2055
|
25,312
|
17,414
|
3.80%, 12/1/2057
|
4,454
|
3,169
|
Deutsche Telekom AG (Germany) 3.63%, 1/21/2050 (b)
|
4,657
|
3,508
|
Deutsche Telekom International Finance BV (Germany) 4.88%, 3/6/2042 (b)
|
2,087
|
1,939
|
Sprint Capital Corp. 6.88%, 11/15/2028
|
11,302
|
12,083
|
Telefonica Emisiones SA (Spain) 4.67%, 3/6/2038
|
9,130
|
7,701
|
Verizon Communications, Inc.
|
|
|
4.13%, 3/16/2027
|
1,711
|
1,678
|
2.10%, 3/22/2028
|
12,209
|
10,775
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Diversified Telecommunication Services — continued
|
||
4.33%, 9/21/2028
|
11,983
|
11,647
|
1.68%, 10/30/2030
|
2,840
|
2,258
|
2.36%, 3/15/2032
|
9,530
|
7,686
|
2.65%, 11/20/2040
|
27,316
|
18,751
|
3.40%, 3/22/2041
|
7,000
|
5,343
|
3.55%, 3/22/2051
|
15,025
|
10,933
|
3.70%, 3/22/2061
|
6,890
|
4,911
|
|
|
183,768
|
Electric Utilities — 1.9%
|
||
AEP Transmission Co. LLC
|
|
|
3.80%, 6/15/2049
|
3,615
|
2,872
|
3.15%, 9/15/2049
|
2,680
|
1,871
|
5.40%, 3/15/2053
|
4,030
|
4,097
|
Alabama Power Co.
|
|
|
6.13%, 5/15/2038
|
1,904
|
2,076
|
6.00%, 3/1/2039
|
769
|
803
|
4.10%, 1/15/2042
|
923
|
759
|
American Electric Power Co., Inc. 5.63%, 3/1/2033
|
18,285
|
18,650
|
Appalachian Power Co. Series P, 6.70%, 8/15/2037
|
3,740
|
4,040
|
Arizona Public Service Co. 5.05%, 9/1/2041
|
3,036
|
2,755
|
Ausgrid Finance Pty. Ltd. (Australia) 4.35%, 8/1/2028 (b)
|
1,500
|
1,431
|
Baltimore Gas and Electric Co.
|
|
|
3.50%, 8/15/2046
|
3,755
|
2,836
|
3.20%, 9/15/2049
|
8,020
|
5,732
|
2.90%, 6/15/2050
|
7,770
|
5,182
|
CenterPoint Energy Houston Electric LLC 3.95%, 3/1/2048
|
1,066
|
872
|
China Southern Power Grid International Finance BVI Co. Ltd. (China) 3.50%, 5/8/2027 (b)
|
10,625
|
10,248
|
Cleveland Electric Illuminating Co. (The)
|
|
|
3.50%, 4/1/2028 (b)
|
3,890
|
3,631
|
5.95%, 12/15/2036
|
840
|
846
|
Commonwealth Edison Co. 3.65%, 6/15/2046
|
3,615
|
2,817
|
DTE Electric Co.
|
|
|
2.95%, 3/1/2050
|
8,800
|
5,979
|
5.40%, 4/1/2053
|
1,865
|
1,895
|
Duke Energy Carolinas LLC 4.25%, 12/15/2041
|
1,228
|
1,065
|
Duke Energy Corp.
|
|
|
2.65%, 9/1/2026
|
1,382
|
1,283
|
3.75%, 9/1/2046
|
16,415
|
12,322
|
Duke Energy Florida Project Finance LLC Series 2032, 2.86%, 3/1/2033
|
9,430
|
8,052
|
Duke Energy Indiana LLC
|
|
|
3.75%, 5/15/2046
|
4,500
|
3,490
|
Series YYY, 3.25%, 10/1/2049
|
6,895
|
4,867
|
Duke Energy Ohio, Inc. 3.70%, 6/15/2046
|
3,297
|
2,472
|
Duke Energy Progress LLC
|
|
|
4.10%, 5/15/2042
|
1,886
|
1,613
|
4.10%, 3/15/2043
|
1,569
|
1,320
|
4.15%, 12/1/2044
|
2,258
|
1,876
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
3.70%, 10/15/2046
|
1,616
|
1,245
|
2.90%, 8/15/2051
|
9,495
|
6,225
|
Duke Energy Progress NC Storm Funding LLC Series A-2, 2.39%, 7/1/2037
|
5,000
|
3,998
|
Duquesne Light Holdings, Inc.
|
|
|
3.62%, 8/1/2027 (b)
|
8,002
|
7,236
|
2.78%, 1/7/2032 (b)
|
6,275
|
4,934
|
Edison International
|
|
|
5.75%, 6/15/2027
|
2,000
|
2,016
|
4.13%, 3/15/2028
|
6,730
|
6,325
|
5.25%, 11/15/2028
|
15,800
|
15,577
|
Emera US Finance LP (Canada) 4.75%, 6/15/2046
|
9,540
|
7,595
|
Enel Finance International NV (Italy)
|
|
|
3.50%, 4/6/2028 (b)
|
4,500
|
4,153
|
6.00%, 10/7/2039 (b)
|
897
|
876
|
Entergy Arkansas LLC 2.65%, 6/15/2051
|
8,425
|
5,214
|
Entergy Corp. 2.95%, 9/1/2026
|
2,469
|
2,298
|
Entergy Louisiana LLC
|
|
|
2.40%, 10/1/2026
|
4,979
|
4,597
|
3.25%, 4/1/2028
|
1,551
|
1,443
|
3.05%, 6/1/2031
|
4,606
|
4,028
|
4.00%, 3/15/2033
|
3,430
|
3,150
|
Evergy Metro, Inc. 5.30%, 10/1/2041
|
8,968
|
8,704
|
Evergy, Inc. 2.90%, 9/15/2029
|
14,800
|
13,070
|
Exelon Corp.
|
|
|
3.40%, 4/15/2026
|
1,177
|
1,125
|
5.30%, 3/15/2033
|
13,000
|
13,092
|
Fells Point Funding Trust 3.05%, 1/31/2027 (b)
|
40,720
|
37,864
|
FirstEnergy Transmission LLC
|
|
|
5.45%, 7/15/2044 (b)
|
8,353
|
7,771
|
4.55%, 4/1/2049 (b)
|
830
|
682
|
Florida Power & Light Co.
|
|
|
5.10%, 4/1/2033
|
5,440
|
5,566
|
5.30%, 4/1/2053
|
9,410
|
9,606
|
Fortis, Inc. (Canada) 3.06%, 10/4/2026
|
12,384
|
11,558
|
Hydro-Quebec (Canada) 8.05%, 7/7/2024
|
2,642
|
2,717
|
ITC Holdings Corp. 2.95%, 5/14/2030 (b)
|
6,820
|
5,895
|
Jersey Central Power & Light Co.
|
|
|
4.30%, 1/15/2026 (b)
|
6,154
|
6,010
|
6.15%, 6/1/2037
|
1,740
|
1,837
|
Massachusetts Electric Co. 4.00%, 8/15/2046 (b)
|
4,957
|
3,753
|
Metropolitan Edison Co. 5.20%, 4/1/2028 (b)
|
2,400
|
2,418
|
Mid-Atlantic Interstate Transmission LLC 4.10%, 5/15/2028 (b)
|
12,530
|
12,049
|
Nevada Power Co.
|
|
|
Series N, 6.65%, 4/1/2036
|
700
|
780
|
5.38%, 9/15/2040
|
1,287
|
1,259
|
5.45%, 5/15/2041
|
3,354
|
3,286
|
New England Power Co. (United Kingdom) 3.80%, 12/5/2047 (b)
|
3,024
|
2,352
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
NextEra Energy Capital Holdings, Inc.
|
|
|
3.55%, 5/1/2027
|
2,239
|
2,122
|
5.25%, 2/28/2053
|
11,030
|
10,430
|
Niagara Mohawk Power Corp. 3.51%, 10/1/2024 (b)
|
3,051
|
2,940
|
Northern States Power Co. 5.10%, 5/15/2053
|
15,470
|
15,125
|
NRG Energy, Inc.
|
|
|
2.00%, 12/2/2025 (b)
|
8,422
|
7,547
|
2.45%, 12/2/2027 (b)
|
13,055
|
11,102
|
Ohio Edison Co. 6.88%, 7/15/2036
|
780
|
879
|
Oncor Electric Delivery Co. LLC
|
|
|
5.75%, 3/15/2029
|
1,076
|
1,133
|
4.95%, 9/15/2052 (b)
|
19,830
|
18,969
|
Pacific Gas and Electric Co.
|
|
|
1.70%, 11/15/2023
|
4,825
|
4,726
|
3.25%, 2/16/2024
|
26,475
|
25,938
|
3.45%, 7/1/2025
|
8,635
|
8,211
|
2.95%, 3/1/2026
|
5,955
|
5,505
|
4.45%, 4/15/2042
|
3,200
|
2,423
|
3.75%, 8/15/2042 (e)
|
2,882
|
1,955
|
4.30%, 3/15/2045
|
4,900
|
3,481
|
4.00%, 12/1/2046
|
5,000
|
3,365
|
PacifiCorp
|
|
|
4.15%, 2/15/2050
|
2,300
|
1,895
|
5.50%, 5/15/2054
|
20,550
|
20,762
|
PECO Energy Co. 2.80%, 6/15/2050
|
6,430
|
4,189
|
Pennsylvania Electric Co. 3.25%, 3/15/2028 (b)
|
1,570
|
1,442
|
Pepco Holdings LLC 7.45%, 8/15/2032
|
3,507
|
3,858
|
PG&E Recovery Funding LLC Series A-3, 5.54%, 7/15/2047
|
8,670
|
9,018
|
PG&E Wildfire Recovery Funding LLC
|
|
|
Series A-2, 4.26%, 6/1/2036
|
10,550
|
10,132
|
Series A-4, 5.21%, 12/1/2047
|
9,600
|
9,556
|
Series A-5, 5.10%, 6/1/2052
|
15,355
|
15,464
|
Potomac Electric Power Co. 6.50%, 11/15/2037
|
1,184
|
1,319
|
PPL Electric Utilities Corp.
|
|
|
3.00%, 10/1/2049
|
10,000
|
6,989
|
5.25%, 5/15/2053
|
14,285
|
14,317
|
Progress Energy, Inc. 7.00%, 10/30/2031
|
2,600
|
2,867
|
Public Service Co. of Colorado
|
|
|
3.55%, 6/15/2046
|
1,175
|
863
|
5.25%, 4/1/2053
|
12,500
|
12,360
|
Public Service Co. of Oklahoma
|
|
|
5.25%, 1/15/2033
|
6,680
|
6,718
|
Series G, 6.63%, 11/15/2037
|
3,901
|
4,210
|
Series K, 3.15%, 8/15/2051
|
12,330
|
8,231
|
Public Service Electric and Gas Co.
|
|
|
3.00%, 5/15/2025
|
6,334
|
6,109
|
5.38%, 11/1/2039
|
1,021
|
998
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Electric Utilities — continued
|
||
SCE Recovery Funding LLC
|
|
|
Series A-2, 1.94%, 5/15/2038
|
9,380
|
6,931
|
Series A-1, 4.70%, 6/15/2040
|
18,085
|
18,036
|
Series A-3, 2.51%, 11/15/2043
|
7,950
|
5,404
|
Series A-2, 5.11%, 12/15/2047
|
6,495
|
6,440
|
Southern California Edison Co.
|
|
|
Series C, 3.50%, 10/1/2023
|
2,854
|
2,831
|
Series B, 3.65%, 3/1/2028
|
4,300
|
4,067
|
6.00%, 1/15/2034
|
895
|
939
|
6.05%, 3/15/2039
|
2,197
|
2,280
|
3.90%, 12/1/2041
|
3,408
|
2,657
|
Series C, 4.13%, 3/1/2048
|
1,800
|
1,448
|
Series 20A, 2.95%, 2/1/2051
|
3,000
|
1,935
|
5.70%, 3/1/2053
|
5,545
|
5,517
|
5.88%, 12/1/2053
|
5,830
|
5,925
|
Southwestern Public Service Co. 4.50%, 8/15/2041
|
2,700
|
2,380
|
Toledo Edison Co. (The) 6.15%, 5/15/2037
|
5,800
|
6,118
|
Union Electric Co.
|
|
|
2.95%, 6/15/2027
|
2,862
|
2,702
|
4.00%, 4/1/2048
|
1,600
|
1,296
|
3.90%, 4/1/2052
|
6,367
|
5,120
|
5.45%, 3/15/2053
|
11,765
|
11,819
|
Virginia Electric and Power Co.
|
|
|
3.45%, 2/15/2024
|
1,280
|
1,261
|
Series A, 6.00%, 5/15/2037
|
2,100
|
2,211
|
Xcel Energy, Inc. 4.80%, 9/15/2041
|
829
|
738
|
|
|
715,259
|
Electrical Equipment — 0.0% ^
|
||
Eaton Corp.
|
|
|
7.63%, 4/1/2024
|
1,794
|
1,824
|
4.15%, 3/15/2033
|
1,247
|
1,192
|
|
|
3,016
|
Electronic Equipment, Instruments & Components — 0.0% ^
|
||
Arrow Electronics, Inc.
|
|
|
3.25%, 9/8/2024
|
3,162
|
3,063
|
3.88%, 1/12/2028
|
3,541
|
3,299
|
Corning, Inc. 5.35%, 11/15/2048
|
6,270
|
6,014
|
|
|
12,376
|
Energy Equipment & Services — 0.0% ^
|
||
Halliburton Co.
|
|
|
4.85%, 11/15/2035
|
3,583
|
3,387
|
4.75%, 8/1/2043
|
2,375
|
2,038
|
7.60%, 8/15/2096 (b)
|
2,242
|
2,314
|
Schlumberger Holdings Corp. 3.90%, 5/17/2028 (b)
|
8,627
|
8,179
|
|
|
15,918
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Entertainment — 0.0% ^
|
||
Take-Two Interactive Software, Inc.
|
|
|
3.30%, 3/28/2024
|
4,473
|
4,382
|
3.55%, 4/14/2025
|
3,599
|
3,484
|
Walt Disney Co. (The)
|
|
|
9.50%, 7/15/2024
|
1,525
|
1,599
|
7.63%, 11/30/2028
|
2,690
|
3,038
|
|
|
12,503
|
Financial Services — 0.4%
|
||
CK Hutchison International 16 Ltd. (United Kingdom) 2.75%, 10/3/2026 (b)
|
6,500
|
6,058
|
Corebridge Financial, Inc.
|
|
|
3.65%, 4/5/2027
|
13,295
|
12,440
|
3.85%, 4/5/2029
|
9,710
|
8,754
|
Fiserv, Inc.
|
|
|
3.20%, 7/1/2026
|
6,035
|
5,699
|
4.40%, 7/1/2049
|
5,835
|
4,822
|
Global Payments, Inc.
|
|
|
5.30%, 8/15/2029
|
6,266
|
6,161
|
2.90%, 11/15/2031
|
9,690
|
7,911
|
5.95%, 8/15/2052
|
3,625
|
3,379
|
GTP Acquisition Partners I LLC 3.48%, 6/16/2025 (b)
|
11,667
|
11,160
|
LSEGA Financing plc (United Kingdom) 2.00%, 4/6/2028 (b)
|
30,170
|
26,020
|
Mitsubishi HC Capital, Inc. (Japan) 3.56%, 2/28/2024 (b)
|
8,350
|
8,163
|
Nationwide Building Society (United Kingdom) 1.50%, 10/13/2026 (b)
|
19,850
|
17,425
|
Private Export Funding Corp. Series KK, 3.55%, 1/15/2024
|
12,505
|
12,369
|
Shell International Finance BV (Netherlands) 4.13%, 5/11/2035
|
9,000
|
8,357
|
Siemens Financieringsmaatschappij NV (Germany)
|
|
|
2.35%, 10/15/2026 (b)
|
6,000
|
5,574
|
4.40%, 5/27/2045 (b)
|
3,421
|
3,161
|
3.30%, 9/15/2046 (b)
|
3,050
|
2,351
|
|
|
149,804
|
Food Products — 0.2%
|
||
Bunge Ltd. Finance Corp.
|
|
|
1.63%, 8/17/2025
|
7,880
|
7,274
|
2.75%, 5/14/2031
|
22,130
|
18,536
|
Campbell Soup Co. 3.13%, 4/24/2050
|
4,828
|
3,290
|
Cargill, Inc. 4.38%, 4/22/2052 (b)
|
5,890
|
5,132
|
Conagra Brands, Inc. 5.30%, 11/1/2038
|
3,420
|
3,275
|
General Mills, Inc. 4.95%, 3/29/2033
|
15,550
|
15,537
|
Kellogg Co. 5.25%, 3/1/2033
|
9,709
|
9,837
|
Kraft Heinz Foods Co. 4.38%, 6/1/2046
|
8,568
|
7,205
|
Mead Johnson Nutrition Co. (United Kingdom)
|
|
|
4.13%, 11/15/2025
|
993
|
978
|
4.60%, 6/1/2044
|
955
|
869
|
|
|
71,933
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Gas Utilities — 0.1%
|
||
Atmos Energy Corp.
|
|
|
4.15%, 1/15/2043
|
7,215
|
6,169
|
4.13%, 10/15/2044
|
1,750
|
1,468
|
4.13%, 3/15/2049
|
6,000
|
5,013
|
Boston Gas Co. 4.49%, 2/15/2042 (b)
|
2,201
|
1,839
|
Brooklyn Union Gas Co. (The)
|
|
|
3.87%, 3/4/2029 (b)
|
5,620
|
5,182
|
4.27%, 3/15/2048 (b)
|
6,500
|
4,954
|
KeySpan Gas East Corp. 2.74%, 8/15/2026 (b)
|
4,242
|
3,894
|
Piedmont Natural Gas Co., Inc.
|
|
|
3.50%, 6/1/2029
|
1,700
|
1,561
|
5.05%, 5/15/2052
|
7,979
|
7,280
|
Southern California Gas Co. Series XX, 2.55%, 2/1/2030
|
7,148
|
6,195
|
Southern Natural Gas Co. LLC
|
|
|
8.00%, 3/1/2032
|
2,103
|
2,414
|
4.80%, 3/15/2047 (b)
|
2,649
|
2,161
|
Southwest Gas Corp. 3.80%, 9/29/2046
|
3,595
|
2,615
|
|
|
50,745
|
Ground Transportation — 0.2%
|
||
Burlington Northern Santa Fe LLC
|
|
|
7.29%, 6/1/2036
|
1,166
|
1,366
|
5.75%, 5/1/2040
|
3,244
|
3,403
|
5.40%, 6/1/2041
|
9,266
|
9,333
|
4.40%, 3/15/2042
|
2,010
|
1,806
|
4.38%, 9/1/2042
|
4,018
|
3,615
|
5.15%, 9/1/2043
|
3,380
|
3,333
|
4.70%, 9/1/2045
|
3,150
|
2,913
|
3.55%, 2/15/2050
|
5,584
|
4,391
|
Canadian Pacific Railway Co. (Canada) 4.70%, 5/1/2048
|
2,500
|
2,244
|
CSX Corp.
|
|
|
5.50%, 4/15/2041
|
3,498
|
3,503
|
4.10%, 3/15/2044
|
1,515
|
1,294
|
4.75%, 11/15/2048
|
8,165
|
7,416
|
3.35%, 9/15/2049
|
2,710
|
1,962
|
ERAC USA Finance LLC
|
|
|
7.00%, 10/15/2037 (b)
|
425
|
492
|
5.63%, 3/15/2042 (b)
|
3,104
|
3,098
|
Norfolk Southern Corp.
|
|
|
5.59%, 5/17/2025
|
51
|
52
|
3.95%, 10/1/2042
|
2,888
|
2,381
|
4.05%, 8/15/2052
|
5,192
|
4,222
|
Penske Truck Leasing Co. LP
|
|
|
3.95%, 3/10/2025 (b)
|
3,095
|
2,994
|
5.55%, 5/1/2028 (b)
|
2,525
|
2,494
|
Triton Container International Ltd. (Bermuda)
|
|
|
1.15%, 6/7/2024 (b)
|
3,000
|
2,828
|
3.25%, 3/15/2032
|
12,450
|
9,507
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Ground Transportation — continued
|
||
Union Pacific Corp.
|
|
|
3.95%, 8/15/2059
|
6,000
|
4,764
|
4.10%, 9/15/2067
|
1,962
|
1,585
|
|
|
80,996
|
Health Care Equipment & Supplies — 0.1%
|
||
Becton Dickinson & Co. 3.79%, 5/20/2050
|
2,098
|
1,642
|
Boston Scientific Corp.
|
|
|
6.50%, 11/15/2035 (e)
|
14,000
|
15,443
|
4.55%, 3/1/2039
|
5,011
|
4,625
|
DH Europe Finance II SARL 3.25%, 11/15/2039
|
7,065
|
5,718
|
|
|
27,428
|
Health Care Providers & Services — 1.1%
|
||
Advocate Health & Hospitals Corp. Series 2020, 2.21%, 6/15/2030
|
9,700
|
8,154
|
Aetna, Inc.
|
|
|
6.75%, 12/15/2037
|
2,959
|
3,216
|
4.50%, 5/15/2042
|
1,777
|
1,524
|
AHS Hospital Corp. 5.02%, 7/1/2045
|
14,094
|
13,682
|
Banner Health 1.90%, 1/1/2031
|
13,950
|
11,371
|
BayCare Health System, Inc. Series 2020, 3.83%, 11/15/2050
|
9,475
|
7,762
|
Beth Israel Lahey Health, Inc. Series L, 3.08%, 7/1/2051
|
4,180
|
2,724
|
Children's Hospital Series 2020, 2.93%, 7/15/2050
|
13,680
|
8,664
|
Cigna Group (The) 4.80%, 7/15/2046
|
1,904
|
1,701
|
CommonSpirit Health
|
|
|
1.55%, 10/1/2025
|
6,210
|
5,695
|
2.78%, 10/1/2030
|
6,205
|
5,268
|
4.19%, 10/1/2049
|
5,540
|
4,449
|
3.91%, 10/1/2050
|
6,600
|
5,027
|
Cottage Health Obligated Group Series 2020, 3.30%, 11/1/2049
|
10,450
|
7,541
|
CVS Health Corp.
|
|
|
4.30%, 3/25/2028
|
2,122
|
2,068
|
5.25%, 1/30/2031
|
7,525
|
7,554
|
5.25%, 2/21/2033
|
22,000
|
22,055
|
4.88%, 7/20/2035
|
3,500
|
3,334
|
5.05%, 3/25/2048
|
23,852
|
21,545
|
Elevance Health, Inc.
|
|
|
4.10%, 3/1/2028
|
5,485
|
5,334
|
4.63%, 5/15/2042
|
3,477
|
3,110
|
4.65%, 1/15/2043
|
3,394
|
3,072
|
4.65%, 8/15/2044
|
4,149
|
3,697
|
Hackensack Meridian Health, Inc. Series 2020, 2.88%, 9/1/2050
|
11,100
|
7,342
|
Hartford HealthCare Corp. 3.45%, 7/1/2054
|
23,430
|
16,471
|
HCA, Inc.
|
|
|
5.25%, 6/15/2026
|
27,070
|
26,880
|
5.50%, 6/1/2033
|
18,350
|
18,315
|
5.13%, 6/15/2039
|
4,805
|
4,397
|
5.50%, 6/15/2047
|
17,500
|
16,017
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Health Care Providers & Services — continued
|
||
3.50%, 7/15/2051
|
6,831
|
4,597
|
4.63%, 3/15/2052 (b)
|
16,000
|
12,886
|
Mayo Clinic Series 2016, 4.13%, 11/15/2052
|
2,975
|
2,548
|
MedStar Health, Inc. Series 20A, 3.63%, 8/15/2049
|
7,365
|
5,425
|
Memorial Health Services 3.45%, 11/1/2049
|
25,595
|
18,998
|
Memorial Sloan-Kettering Cancer Center Series 2015, 4.20%, 7/1/2055
|
3,335
|
2,798
|
Mount Sinai Hospitals Group, Inc. Series 2017, 3.98%, 7/1/2048
|
2,747
|
2,211
|
MultiCare Health System 2.80%, 8/15/2050
|
7,935
|
4,888
|
MyMichigan Health Series 2020, 3.41%, 6/1/2050
|
5,410
|
3,762
|
Nationwide Children's Hospital, Inc. 4.56%, 11/1/2052
|
4,136
|
3,756
|
NYU Langone Hospitals
|
|
|
4.78%, 7/1/2044
|
5,994
|
5,538
|
Series 2020, 3.38%, 7/1/2055
|
9,170
|
6,383
|
Providence St. Joseph Health Obligated Group Series H, 2.75%, 10/1/2026
|
2,942
|
2,724
|
Queen's Health Systems (The) 4.81%, 7/1/2052
|
18,840
|
17,641
|
Quest Diagnostics, Inc. 3.45%, 6/1/2026
|
1,684
|
1,616
|
Texas Health Resources
|
|
|
2.33%, 11/15/2050
|
6,717
|
3,897
|
4.33%, 11/15/2055
|
4,275
|
3,682
|
Trinity Health Corp. Series 2019, 3.43%, 12/1/2048
|
20,450
|
15,688
|
UMass Memorial Health Care Obligated Group 5.36%, 7/1/2052
|
6,070
|
5,962
|
UnitedHealth Group, Inc.
|
|
|
4.63%, 7/15/2035
|
6,229
|
6,111
|
3.50%, 8/15/2039
|
8,210
|
6,839
|
2.75%, 5/15/2040
|
4,800
|
3,553
|
3.25%, 5/15/2051
|
9,695
|
7,073
|
5.88%, 2/15/2053
|
9,740
|
10,650
|
5.05%, 4/15/2053
|
19,000
|
18,654
|
|
|
425,849
|
Health Care REITs — 0.2%
|
||
Healthcare Realty Holdings LP
|
|
|
3.10%, 2/15/2030
|
9,814
|
8,388
|
2.00%, 3/15/2031
|
8,000
|
6,130
|
Healthpeak OP LLC 3.40%, 2/1/2025
|
162
|
157
|
Physicians Realty LP
|
|
|
4.30%, 3/15/2027
|
4,500
|
4,260
|
3.95%, 1/15/2028
|
2,100
|
1,934
|
2.63%, 11/1/2031
|
6,195
|
4,847
|
Sabra Health Care LP 3.20%, 12/1/2031
|
9,610
|
7,104
|
Ventas Realty LP
|
|
|
3.75%, 5/1/2024
|
4,032
|
3,943
|
3.50%, 2/1/2025
|
1,929
|
1,850
|
4.13%, 1/15/2026
|
770
|
739
|
3.25%, 10/15/2026
|
7,254
|
6,718
|
3.85%, 4/1/2027
|
4,308
|
4,070
|
Welltower OP LLC
|
|
|
3.10%, 1/15/2030
|
2,920
|
2,529
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Health Care REITs — continued
|
||
6.50%, 3/15/2041
|
460
|
468
|
4.95%, 9/1/2048
|
5,000
|
4,436
|
|
|
57,573
|
Hotels, Restaurants & Leisure — 0.0% ^
|
||
McDonald's Corp.
|
|
|
4.70%, 12/9/2035
|
6,540
|
6,372
|
4.45%, 3/1/2047
|
3,210
|
2,834
|
|
|
9,206
|
Household Durables — 0.1%
|
||
Lennar Corp. 4.50%, 4/30/2024
|
6,800
|
6,752
|
MDC Holdings, Inc.
|
|
|
3.85%, 1/15/2030
|
10,000
|
8,680
|
2.50%, 1/15/2031
|
5,105
|
3,964
|
3.97%, 8/6/2061
|
7,995
|
4,691
|
|
|
24,087
|
Independent Power and Renewable Electricity Producers — 0.2%
|
||
Alexander Funding Trust 1.84%, 11/15/2023 (b)
|
27,653
|
27,017
|
Constellation Energy Generation LLC
|
|
|
3.25%, 6/1/2025
|
11,035
|
10,555
|
5.80%, 3/1/2033
|
20,702
|
21,278
|
6.25%, 10/1/2039
|
18,303
|
18,984
|
5.75%, 10/1/2041
|
1,665
|
1,590
|
Southern Power Co. 5.15%, 9/15/2041
|
7,079
|
6,566
|
|
|
85,990
|
Industrial REITs — 0.0% ^
|
||
Prologis LP
|
|
|
3.25%, 6/30/2026
|
1,814
|
1,740
|
2.25%, 4/15/2030
|
3,830
|
3,256
|
4.75%, 6/15/2033
|
5,000
|
4,889
|
|
|
9,885
|
Insurance — 0.7%
|
||
AIA Group Ltd. (Hong Kong)
|
|
|
3.90%, 4/6/2028 (b)
|
7,190
|
6,960
|
3.60%, 4/9/2029 (b)
|
5,835
|
5,486
|
3.20%, 9/16/2040 (b)
|
7,535
|
5,651
|
AIG SunAmerica Global Financing X 6.90%, 3/15/2032 (b)
|
8,295
|
8,940
|
Alleghany Corp. 3.63%, 5/15/2030
|
8,945
|
8,380
|
Athene Global Funding
|
|
|
2.75%, 6/25/2024 (b)
|
19,000
|
18,115
|
2.50%, 1/14/2025 (b)
|
3,477
|
3,276
|
1.45%, 1/8/2026 (b)
|
13,850
|
12,212
|
2.95%, 11/12/2026 (b)
|
42,215
|
37,838
|
Berkshire Hathaway Finance Corp.
|
|
|
4.40%, 5/15/2042
|
13,241
|
12,491
|
4.30%, 5/15/2043
|
2,795
|
2,542
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Insurance — continued
|
||
3.85%, 3/15/2052
|
24,230
|
19,766
|
CNA Financial Corp. 3.95%, 5/15/2024
|
2,633
|
2,580
|
CNO Global Funding 1.75%, 10/7/2026 (b)
|
11,240
|
10,026
|
F&G Global Funding 1.75%, 6/30/2026 (b)
|
12,780
|
11,395
|
Five Corners Funding Trust II 2.85%, 5/15/2030 (b)
|
15,000
|
12,804
|
Guardian Life Insurance Co. of America (The)
|
|
|
3.70%, 1/22/2070 (b)
|
6,450
|
4,289
|
4.85%, 1/24/2077 (b)
|
1,663
|
1,409
|
Hartford Financial Services Group, Inc. (The) 4.30%, 4/15/2043
|
7,410
|
6,013
|
John Hancock Life Insurance Co. 7.38%, 2/15/2024 (b)
|
1,000
|
1,010
|
Liberty Mutual Group, Inc.
|
|
|
4.57%, 2/1/2029 (b)
|
3,049
|
2,898
|
3.95%, 10/15/2050 (b)
|
6,000
|
4,340
|
Liberty Mutual Insurance Co. 8.50%, 5/15/2025 (b)
|
1,350
|
1,392
|
MetLife, Inc. 4.13%, 8/13/2042
|
2,027
|
1,675
|
New York Life Global Funding 3.00%, 1/10/2028 (b)
|
4,854
|
4,518
|
New York Life Insurance Co.
|
|
|
3.75%, 5/15/2050 (b)
|
9,600
|
7,293
|
4.45%, 5/15/2069 (b)
|
11,250
|
9,401
|
Northwestern Mutual Global Funding 1.70%, 6/1/2028 (b)
|
12,520
|
10,906
|
Pacific Life Insurance Co. (ICE LIBOR USD 3 Month + 2.80%), 4.30%, 10/24/2067 (b) (c)
|
3,766
|
2,837
|
Prudential Financial, Inc. 3.91%, 12/7/2047
|
9,236
|
7,165
|
Prudential Insurance Co. of America (The) 8.30%, 7/1/2025 (b)
|
10,349
|
10,789
|
Swiss Re Finance Luxembourg SA (Switzerland) (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.58%),
5.00%, 4/2/2049 (b) (c)
|
7,600
|
7,258
|
Teachers Insurance & Annuity Association of America
|
|
|
4.90%, 9/15/2044 (b)
|
3,653
|
3,323
|
4.27%, 5/15/2047 (b)
|
5,480
|
4,531
|
|
|
269,509
|
Interactive Media & Services — 0.1%
|
||
Meta Platforms, Inc. 5.60%, 5/15/2053
|
30,000
|
29,981
|
IT Services — 0.1%
|
||
CGI, Inc. (Canada)
|
|
|
1.45%, 9/14/2026
|
14,101
|
12,631
|
2.30%, 9/14/2031
|
10,000
|
7,887
|
|
|
20,518
|
Life Sciences Tools & Services — 0.0% ^
|
||
Thermo Fisher Scientific, Inc. 2.80%, 10/15/2041
|
6,745
|
4,976
|
Machinery — 0.0% ^
|
||
nVent Finance SARL (United Kingdom) 4.55%, 4/15/2028
|
6,750
|
6,372
|
Parker-Hannifin Corp. 4.45%, 11/21/2044
|
3,759
|
3,348
|
Xylem, Inc. 2.25%, 1/30/2031
|
7,315
|
6,105
|
|
|
15,825
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Media — 0.6%
|
||
Charter Communications Operating LLC
|
|
|
6.38%, 10/23/2035
|
4,374
|
4,232
|
5.38%, 4/1/2038
|
4,923
|
4,152
|
3.50%, 6/1/2041
|
12,020
|
7,932
|
3.50%, 3/1/2042
|
7,800
|
5,094
|
4.80%, 3/1/2050
|
13,160
|
9,635
|
3.70%, 4/1/2051
|
27,270
|
16,720
|
3.90%, 6/1/2052
|
9,380
|
5,900
|
Comcast Corp.
|
|
|
3.38%, 8/15/2025
|
2,773
|
2,693
|
3.55%, 5/1/2028
|
6,115
|
5,811
|
4.25%, 1/15/2033
|
16,564
|
15,842
|
4.20%, 8/15/2034
|
3,361
|
3,160
|
3.25%, 11/1/2039
|
19,265
|
15,156
|
3.75%, 4/1/2040
|
8,535
|
7,131
|
4.00%, 11/1/2049
|
5,553
|
4,518
|
2.80%, 1/15/2051
|
10,668
|
6,977
|
2.89%, 11/1/2051
|
14,886
|
9,802
|
4.05%, 11/1/2052
|
1,350
|
1,106
|
5.35%, 5/15/2053
|
26,650
|
26,519
|
2.94%, 11/1/2056
|
15,473
|
9,913
|
2.99%, 11/1/2063
|
962
|
596
|
Cox Communications, Inc.
|
|
|
3.35%, 9/15/2026 (b)
|
3,046
|
2,882
|
2.95%, 10/1/2050 (b)
|
8,375
|
5,160
|
Discovery Communications LLC
|
|
|
3.63%, 5/15/2030
|
1,950
|
1,693
|
5.20%, 9/20/2047
|
11,160
|
8,831
|
4.00%, 9/15/2055
|
6,989
|
4,438
|
Grupo Televisa SAB (Mexico)
|
|
|
4.63%, 1/30/2026
|
1,494
|
1,455
|
6.13%, 1/31/2046
|
1,332
|
1,316
|
Paramount Global
|
|
|
2.90%, 1/15/2027
|
4,293
|
3,814
|
4.38%, 3/15/2043
|
6,243
|
4,330
|
4.90%, 8/15/2044
|
2,004
|
1,453
|
TCI Communications, Inc. 7.13%, 2/15/2028
|
1,199
|
1,317
|
Time Warner Cable Enterprises LLC 8.38%, 7/15/2033
|
3,041
|
3,374
|
Time Warner Cable LLC
|
|
|
6.55%, 5/1/2037
|
2,327
|
2,217
|
7.30%, 7/1/2038
|
2,197
|
2,244
|
6.75%, 6/15/2039
|
1,794
|
1,698
|
5.88%, 11/15/2040
|
7,325
|
6,344
|
5.50%, 9/1/2041
|
6,940
|
5,736
|
|
|
221,191
|
Metals & Mining — 0.2%
|
||
Anglo American Capital plc (South Africa) 3.63%, 9/11/2024 (b)
|
3,283
|
3,188
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Metals & Mining — continued
|
||
Barrick Gold Corp. (Canada) 6.45%, 10/15/2035
|
1,767
|
1,889
|
Glencore Funding LLC (Australia)
|
|
|
4.63%, 4/29/2024 (b)
|
1,967
|
1,947
|
2.50%, 9/1/2030 (b)
|
16,105
|
13,182
|
Newcrest Finance Pty. Ltd. (Australia) 3.25%, 5/13/2030 (b)
|
5,845
|
5,207
|
Nucor Corp. 2.98%, 12/15/2055
|
4,465
|
2,810
|
Steel Dynamics, Inc.
|
|
|
1.65%, 10/15/2027
|
5,270
|
4,528
|
3.25%, 10/15/2050
|
3,519
|
2,297
|
Vale Overseas Ltd. (Brazil) 3.75%, 7/8/2030
|
27,542
|
24,375
|
|
|
59,423
|
Multi-Utilities — 0.3%
|
||
CMS Energy Corp.
|
|
|
3.88%, 3/1/2024
|
4,360
|
4,305
|
3.00%, 5/15/2026
|
3,458
|
3,276
|
2.95%, 2/15/2027
|
2,426
|
2,243
|
3.45%, 8/15/2027
|
1,250
|
1,181
|
Consolidated Edison Co. of New York, Inc.
|
|
|
5.70%, 6/15/2040
|
2,760
|
2,759
|
Series 2017, 3.88%, 6/15/2047
|
3,355
|
2,618
|
4.50%, 5/15/2058
|
1,724
|
1,437
|
Consumers Energy Co. 3.25%, 8/15/2046
|
2,150
|
1,564
|
Delmarva Power & Light Co. 4.00%, 6/1/2042
|
1,478
|
1,175
|
Dominion Energy, Inc.
|
|
|
Series D, 2.85%, 8/15/2026
|
1,927
|
1,799
|
Series F, 5.25%, 8/1/2033
|
5,067
|
4,981
|
7.00%, 6/15/2038
|
1,076
|
1,199
|
Series C, 4.90%, 8/1/2041
|
1,840
|
1,630
|
New York State Electric & Gas Corp. 3.25%, 12/1/2026 (b)
|
2,326
|
2,202
|
NiSource, Inc.
|
|
|
2.95%, 9/1/2029
|
7,940
|
6,995
|
5.80%, 2/1/2042
|
6,726
|
6,543
|
PG&E Energy Recovery Funding LLC Series A-2, 2.28%, 1/15/2036
|
9,710
|
7,601
|
Public Service Enterprise Group, Inc. 1.60%, 8/15/2030
|
15,540
|
12,299
|
Puget Energy, Inc. 2.38%, 6/15/2028
|
6,522
|
5,698
|
Puget Sound Energy, Inc. 5.45%, 6/1/2053
|
10,070
|
10,074
|
San Diego Gas & Electric Co.
|
|
|
6.00%, 6/1/2026
|
1,852
|
1,920
|
Series FFF, 6.13%, 9/15/2037
|
973
|
1,005
|
3.95%, 11/15/2041
|
2,690
|
2,155
|
2.95%, 8/15/2051
|
17,150
|
11,584
|
5.35%, 4/1/2053
|
3,000
|
2,964
|
Southern Co. Gas Capital Corp.
|
|
|
2.45%, 10/1/2023
|
1,889
|
1,867
|
3.25%, 6/15/2026
|
1,690
|
1,609
|
5.88%, 3/15/2041
|
10,518
|
10,734
|
4.40%, 6/1/2043
|
1,392
|
1,149
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Multi-Utilities — continued
|
||
3.95%, 10/1/2046
|
2,136
|
1,635
|
4.40%, 5/30/2047
|
2,274
|
1,873
|
WEC Energy Group, Inc. 3.55%, 6/15/2025
|
1,651
|
1,589
|
|
|
121,663
|
Office REITs — 0.1%
|
||
Alexandria Real Estate Equities, Inc.
|
|
|
3.80%, 4/15/2026
|
2,199
|
2,113
|
1.88%, 2/1/2033
|
12,120
|
8,894
|
4.00%, 2/1/2050
|
9,430
|
6,923
|
5.15%, 4/15/2053
|
2,800
|
2,469
|
Corporate Office Properties LP 2.00%, 1/15/2029
|
3,440
|
2,637
|
Kilroy Realty LP 3.45%, 12/15/2024
|
3,054
|
2,913
|
|
|
25,949
|
Oil, Gas & Consumable Fuels — 1.9%
|
||
Aker BP ASA (Norway) 2.00%, 7/15/2026 (b)
|
18,019
|
16,247
|
APA Infrastructure Ltd. (Australia)
|
|
|
4.20%, 3/23/2025 (b)
|
2,000
|
1,952
|
4.25%, 7/15/2027 (b)
|
7,325
|
7,050
|
BG Energy Capital plc (United Kingdom) 5.13%, 10/15/2041 (b)
|
5,781
|
5,419
|
Boardwalk Pipelines LP 4.45%, 7/15/2027
|
3,425
|
3,311
|
BP Capital Markets America, Inc.
|
|
|
3.41%, 2/11/2026
|
8,485
|
8,212
|
3.02%, 1/16/2027
|
10,588
|
10,030
|
4.81%, 2/13/2033
|
10,000
|
9,888
|
4.89%, 9/11/2033
|
21,425
|
21,285
|
2.94%, 6/4/2051
|
25,080
|
16,754
|
BP Capital Markets plc (United Kingdom) 3.28%, 9/19/2027
|
6,422
|
6,121
|
Buckeye Partners LP
|
|
|
5.85%, 11/15/2043
|
11,805
|
8,766
|
5.60%, 10/15/2044
|
6,000
|
4,339
|
Cheniere Corpus Christi Holdings LLC 5.88%, 3/31/2025
|
3,650
|
3,654
|
Chevron USA, Inc. 8.00%, 4/1/2027
|
1,300
|
1,465
|
ConocoPhillips Co. 5.30%, 5/15/2053
|
13,210
|
13,171
|
DT Midstream, Inc. 4.30%, 4/15/2032 (b)
|
17,380
|
15,313
|
Eastern Gas Transmission & Storage, Inc. 3.90%, 11/15/2049
|
4,476
|
3,232
|
Ecopetrol SA (Colombia)
|
|
|
4.13%, 1/16/2025
|
3,333
|
3,190
|
5.38%, 6/26/2026
|
5,409
|
5,142
|
Enbridge, Inc. (Canada) 5.70%, 3/8/2033
|
17,080
|
17,369
|
Energy Transfer LP
|
|
|
3.90%, 5/15/2024 (e)
|
15,000
|
14,729
|
4.75%, 1/15/2026
|
4,911
|
4,839
|
3.90%, 7/15/2026
|
9,761
|
9,312
|
4.40%, 3/15/2027
|
2,695
|
2,601
|
5.50%, 6/1/2027
|
2,916
|
2,923
|
4.95%, 5/15/2028
|
7,315
|
7,142
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Oil, Gas & Consumable Fuels — continued
|
||
4.15%, 9/15/2029
|
14,071
|
13,149
|
7.50%, 7/1/2038
|
2,695
|
2,937
|
6.05%, 6/1/2041
|
4,266
|
4,087
|
6.10%, 2/15/2042
|
7,220
|
6,792
|
5.95%, 10/1/2043
|
3,950
|
3,629
|
5.30%, 4/1/2044
|
1,840
|
1,554
|
5.00%, 5/15/2044 (e)
|
8,600
|
7,115
|
6.00%, 6/15/2048
|
209
|
192
|
6.25%, 4/15/2049
|
5,655
|
5,382
|
Eni SpA (Italy)
|
|
|
Series X-R, 4.00%, 9/12/2023 (b)
|
3,145
|
3,125
|
5.70%, 10/1/2040 (b)
|
4,843
|
4,357
|
Eni USA, Inc. (Italy) 7.30%, 11/15/2027
|
4,040
|
4,393
|
Enterprise Products Operating LLC
|
|
|
3.70%, 2/15/2026
|
3,040
|
2,960
|
3.95%, 2/15/2027
|
2,705
|
2,640
|
Series J, 5.75%, 3/1/2035
|
2,509
|
2,518
|
7.55%, 4/15/2038
|
455
|
526
|
5.95%, 2/1/2041
|
1,259
|
1,293
|
4.45%, 2/15/2043
|
455
|
391
|
5.10%, 2/15/2045
|
1,758
|
1,629
|
4.95%, 10/15/2054
|
1,189
|
1,050
|
EQM Midstream Partners LP 5.50%, 7/15/2028
|
7,500
|
7,030
|
EQT Corp. 3.90%, 10/1/2027
|
4,517
|
4,196
|
Equinor ASA (Norway) 2.88%, 4/6/2025
|
5,765
|
5,569
|
Exxon Mobil Corp.
|
|
|
3.00%, 8/16/2039
|
14,245
|
11,139
|
4.11%, 3/1/2046
|
2,726
|
2,365
|
3.10%, 8/16/2049
|
17,965
|
13,033
|
Flex Intermediate Holdco LLC
|
|
|
3.36%, 6/30/2031 (b)
|
13,075
|
10,503
|
4.32%, 12/30/2039 (b)
|
9,235
|
6,634
|
Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates) 2.94%, 9/30/2040 (b)
|
15,815
|
12,734
|
Gray Oak Pipeline LLC
|
|
|
2.00%, 9/15/2023 (b)
|
9,310
|
9,200
|
2.60%, 10/15/2025 (b)
|
34,443
|
31,755
|
3.45%, 10/15/2027 (b)
|
12,470
|
11,204
|
HF Sinclair Corp.
|
|
|
2.63%, 10/1/2023
|
21,813
|
21,555
|
5.88%, 4/1/2026
|
22,175
|
22,285
|
Kinder Morgan Energy Partners LP 4.30%, 5/1/2024
|
15,000
|
14,795
|
Kinder Morgan, Inc.
|
|
|
5.20%, 6/1/2033
|
20,500
|
19,795
|
5.05%, 2/15/2046
|
6,000
|
5,060
|
Magellan Midstream Partners LP 3.20%, 3/15/2025
|
2,338
|
2,240
|
Marathon Petroleum Corp.
|
|
|
4.70%, 5/1/2025
|
13,546
|
13,373
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Oil, Gas & Consumable Fuels — continued
|
||
6.50%, 3/1/2041
|
8,270
|
8,414
|
MPLX LP 4.80%, 2/15/2029
|
6,825
|
6,643
|
NGPL PipeCo LLC
|
|
|
4.88%, 8/15/2027 (b)
|
8,486
|
8,117
|
3.25%, 7/15/2031 (b)
|
8,283
|
6,846
|
Occidental Petroleum Corp.
|
|
|
3.40%, 4/15/2026
|
2,000
|
1,853
|
3.00%, 2/15/2027
|
5,501
|
4,970
|
ONEOK Partners LP 6.65%, 10/1/2036
|
1,825
|
1,853
|
Phillips 66 4.88%, 11/15/2044
|
665
|
601
|
Phillips 66 Co.
|
|
|
3.55%, 10/1/2026
|
1,453
|
1,376
|
3.15%, 12/15/2029
|
8,545
|
7,559
|
5.30%, 6/30/2033
|
17,780
|
17,694
|
4.90%, 10/1/2046
|
6,988
|
6,110
|
Pioneer Natural Resources Co. 1.90%, 8/15/2030
|
18,050
|
14,663
|
Sabine Pass Liquefaction LLC
|
|
|
5.63%, 3/1/2025
|
3,765
|
3,764
|
5.00%, 3/15/2027
|
9,360
|
9,250
|
4.50%, 5/15/2030
|
19,530
|
18,466
|
Saudi Arabian Oil Co. (Saudi Arabia)
|
|
|
1.25%, 11/24/2023 (b)
|
1,320
|
1,289
|
1.63%, 11/24/2025 (b)
|
4,660
|
4,277
|
Spectra Energy Partners LP 4.50%, 3/15/2045
|
1,975
|
1,601
|
Suncor Energy, Inc. (Canada)
|
|
|
5.95%, 12/1/2034
|
11,584
|
11,695
|
6.80%, 5/15/2038
|
3,677
|
3,906
|
Targa Resources Corp. 4.20%, 2/1/2033
|
5,030
|
4,440
|
Texas Eastern Transmission LP 3.50%, 1/15/2028 (b)
|
908
|
847
|
TotalEnergies Capital International SA (France)
|
|
|
2.99%, 6/29/2041
|
16,000
|
12,091
|
3.46%, 7/12/2049
|
12,800
|
9,756
|
3.13%, 5/29/2050
|
20,230
|
14,395
|
TransCanada PipeLines Ltd. (Canada)
|
|
|
6.20%, 10/15/2037
|
6,345
|
6,569
|
4.75%, 5/15/2038
|
7,750
|
6,940
|
Valero Energy Corp.
|
|
|
2.15%, 9/15/2027
|
9,072
|
8,119
|
7.50%, 4/15/2032
|
1,081
|
1,217
|
Williams Cos., Inc. (The)
|
|
|
2.60%, 3/15/2031
|
9,675
|
8,002
|
5.65%, 3/15/2033
|
13,720
|
13,871
|
|
|
744,834
|
Passenger Airlines — 0.0% ^
|
||
Continental Airlines Pass-Through Trust Series 2012-2, Class A Shares, 4.00%, 10/29/2024
|
14,805
|
14,340
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Personal Care Products — 0.0% ^
|
||
Haleon US Capital LLC 3.38%, 3/24/2029
|
9,210
|
8,470
|
Pharmaceuticals — 0.5%
|
||
AstraZeneca plc (United Kingdom)
|
|
|
6.45%, 9/15/2037
|
4,250
|
4,900
|
4.00%, 9/18/2042
|
4,270
|
3,783
|
Bristol-Myers Squibb Co.
|
|
|
4.13%, 6/15/2039
|
7,096
|
6,423
|
4.55%, 2/20/2048
|
5,046
|
4,615
|
Merck & Co., Inc.
|
|
|
2.75%, 12/10/2051
|
7,065
|
4,815
|
5.00%, 5/17/2053
|
13,115
|
13,200
|
5.15%, 5/17/2063
|
10,195
|
10,286
|
Mylan, Inc. 5.40%, 11/29/2043
|
5,800
|
4,673
|
Pfizer Investment Enterprises Pte. Ltd.
|
|
|
4.75%, 5/19/2033
|
15,300
|
15,361
|
5.30%, 5/19/2053
|
36,640
|
37,720
|
Royalty Pharma plc 1.20%, 9/2/2025
|
3,601
|
3,255
|
Shire Acquisitions Investments Ireland DAC 3.20%, 9/23/2026
|
26,941
|
25,423
|
Takeda Pharmaceutical Co. Ltd. (Japan)
|
|
|
5.00%, 11/26/2028
|
8,565
|
8,594
|
2.05%, 3/31/2030
|
1,200
|
1,002
|
3.03%, 7/9/2040
|
25,815
|
19,292
|
Utah Acquisition Sub, Inc. 3.95%, 6/15/2026
|
4,153
|
3,948
|
Viatris, Inc.
|
|
|
3.85%, 6/22/2040
|
8,499
|
5,715
|
4.00%, 6/22/2050
|
1,732
|
1,113
|
Zoetis, Inc. 2.00%, 5/15/2030
|
12,880
|
10,753
|
|
|
184,871
|
Real Estate Management & Development — 0.0% ^
|
||
GAIF Bond Issuer Pty. Ltd. (Australia) 3.40%, 9/30/2026 (b)
|
7,843
|
7,322
|
Ontario Teachers' Cadillac Fairview Properties Trust (Canada) 3.88%, 3/20/2027 (b)
|
6,562
|
6,124
|
|
|
13,446
|
Residential REITs — 0.1%
|
||
Essex Portfolio LP 1.65%, 1/15/2031
|
8,950
|
6,850
|
Mid-America Apartments LP
|
|
|
4.00%, 11/15/2025
|
8,830
|
8,632
|
1.70%, 2/15/2031
|
5,500
|
4,361
|
UDR, Inc.
|
|
|
2.95%, 9/1/2026
|
3,831
|
3,540
|
3.50%, 1/15/2028
|
1,354
|
1,248
|
3.00%, 8/15/2031
|
4,750
|
4,024
|
2.10%, 8/1/2032
|
5,520
|
4,225
|
3.10%, 11/1/2034
|
6,440
|
5,192
|
|
|
38,072
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Retail REITs — 0.3%
|
||
Brixmor Operating Partnership LP
|
|
|
3.85%, 2/1/2025
|
6,613
|
6,354
|
2.50%, 8/16/2031
|
6,530
|
5,084
|
NNN REIT, Inc.
|
|
|
4.00%, 11/15/2025
|
5,043
|
4,851
|
3.60%, 12/15/2026
|
5,527
|
5,202
|
Realty Income Corp.
|
|
|
4.88%, 6/1/2026
|
4,230
|
4,199
|
3.00%, 1/15/2027
|
2,243
|
2,086
|
4.85%, 3/15/2030
|
19,270
|
18,851
|
1.80%, 3/15/2033
|
2,865
|
2,095
|
Regency Centers LP
|
|
|
4.13%, 3/15/2028
|
1,755
|
1,652
|
2.95%, 9/15/2029
|
10,600
|
9,218
|
Scentre Group Trust 1 (Australia)
|
|
|
3.50%, 2/12/2025 (b)
|
9,910
|
9,567
|
3.25%, 10/28/2025 (b)
|
5,595
|
5,298
|
Scentre Group Trust 2 (Australia)
|
|
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.38%), 4.75%, 9/24/2080 (b) (c)
|
17,060
|
15,389
|
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.69%), 5.12%, 9/24/2080 (b) (c)
|
10,425
|
8,806
|
SITE Centers Corp. 4.70%, 6/1/2027
|
4,651
|
4,283
|
|
|
102,935
|
Semiconductors & Semiconductor Equipment — 0.6%
|
||
Analog Devices, Inc. 2.95%, 10/1/2051
|
6,000
|
4,207
|
Broadcom, Inc.
|
|
|
2.45%, 2/15/2031 (b)
|
31,809
|
25,685
|
3.14%, 11/15/2035 (b)
|
40,051
|
30,534
|
3.19%, 11/15/2036 (b)
|
5,766
|
4,315
|
Intel Corp.
|
|
|
5.63%, 2/10/2043
|
21,065
|
21,061
|
5.70%, 2/10/2053
|
12,705
|
12,551
|
KLA Corp.
|
|
|
3.30%, 3/1/2050
|
7,000
|
5,185
|
4.95%, 7/15/2052
|
7,000
|
6,756
|
Marvell Technology, Inc. 2.95%, 4/15/2031
|
7,790
|
6,530
|
Microchip Technology, Inc.
|
|
|
2.67%, 9/1/2023
|
5,925
|
5,874
|
0.97%, 2/15/2024
|
4,701
|
4,539
|
0.98%, 9/1/2024
|
5,058
|
4,765
|
NXP BV (China)
|
|
|
2.50%, 5/11/2031
|
36,499
|
29,628
|
5.00%, 1/15/2033
|
4,000
|
3,834
|
3.25%, 5/11/2041
|
24,465
|
17,321
|
QUALCOMM, Inc. 4.50%, 5/20/2052
|
10,475
|
9,318
|
Texas Instruments, Inc. 5.05%, 5/18/2063
|
19,408
|
18,979
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Semiconductors & Semiconductor Equipment — continued
|
||
TSMC Global Ltd. (Taiwan) 4.63%, 7/22/2032 (b)
|
10,386
|
10,360
|
Xilinx, Inc. 2.38%, 6/1/2030
|
15,185
|
13,138
|
|
|
234,580
|
Software — 0.3%
|
||
Microsoft Corp.
|
|
|
3.50%, 2/12/2035
|
3,459
|
3,266
|
2.92%, 3/17/2052
|
3,816
|
2,824
|
3.04%, 3/17/2062
|
1,820
|
1,319
|
Oracle Corp.
|
|
|
4.90%, 2/6/2033
|
9,640
|
9,312
|
3.90%, 5/15/2035
|
1,952
|
1,672
|
3.60%, 4/1/2040
|
10,434
|
7,900
|
3.65%, 3/25/2041
|
19,515
|
14,730
|
4.00%, 7/15/2046
|
8,872
|
6,648
|
3.95%, 3/25/2051
|
10,000
|
7,334
|
5.55%, 2/6/2053
|
15,000
|
14,007
|
Roper Technologies, Inc.
|
|
|
1.40%, 9/15/2027
|
14,890
|
12,907
|
2.00%, 6/30/2030
|
9,380
|
7,693
|
VMware, Inc. 4.65%, 5/15/2027
|
8,800
|
8,630
|
|
|
98,242
|
Specialized REITs — 0.2%
|
||
American Tower Corp.
|
|
|
5.00%, 2/15/2024
|
4,305
|
4,279
|
3.38%, 10/15/2026
|
4,378
|
4,127
|
1.50%, 1/31/2028
|
10,510
|
8,908
|
2.10%, 6/15/2030
|
8,940
|
7,271
|
1.88%, 10/15/2030
|
19,410
|
15,387
|
Crown Castle, Inc. 4.00%, 3/1/2027
|
2,066
|
1,987
|
Equinix, Inc. 2.90%, 11/18/2026
|
20,442
|
18,852
|
Life Storage LP 2.40%, 10/15/2031
|
15,650
|
12,472
|
LifeStorage LP 3.50%, 7/1/2026
|
8,937
|
8,495
|
Public Storage 2.25%, 11/9/2031
|
9,333
|
7,679
|
|
|
89,457
|
Specialty Retail — 0.1%
|
||
AutoZone, Inc. 1.65%, 1/15/2031
|
12,180
|
9,606
|
Lowe's Cos., Inc.
|
|
|
1.70%, 10/15/2030
|
2,600
|
2,079
|
2.63%, 4/1/2031
|
4,000
|
3,381
|
5.15%, 7/1/2033
|
4,500
|
4,490
|
3.00%, 10/15/2050
|
7,130
|
4,600
|
5.75%, 7/1/2053
|
7,055
|
6,991
|
O'Reilly Automotive, Inc. 3.60%, 9/1/2027
|
4,715
|
4,501
|
|
|
35,648
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Technology Hardware, Storage & Peripherals — 0.3%
|
||
Apple, Inc.
|
|
|
2.45%, 8/4/2026
|
5,261
|
4,981
|
3.45%, 2/9/2045
|
14,187
|
11,921
|
3.85%, 8/4/2046
|
3,512
|
3,075
|
3.75%, 9/12/2047
|
13,570
|
11,600
|
3.75%, 11/13/2047
|
1,600
|
1,372
|
2.70%, 8/5/2051
|
16,470
|
11,377
|
4.85%, 5/10/2053
|
30,000
|
30,183
|
Dell International LLC
|
|
|
6.02%, 6/15/2026
|
33,603
|
34,395
|
5.25%, 2/1/2028
|
11,105
|
11,150
|
5.30%, 10/1/2029
|
6,000
|
5,977
|
3.45%, 12/15/2051 (b)
|
668
|
431
|
|
|
126,462
|
Tobacco — 0.2%
|
||
Altria Group, Inc. 2.45%, 2/4/2032
|
27,925
|
21,866
|
BAT Capital Corp. (United Kingdom)
|
|
|
2.26%, 3/25/2028
|
14,000
|
12,029
|
4.39%, 8/15/2037
|
9,875
|
7,810
|
3.73%, 9/25/2040
|
8,470
|
5,929
|
4.54%, 8/15/2047
|
18,779
|
13,460
|
BAT International Finance plc (United Kingdom) 1.67%, 3/25/2026
|
11,000
|
9,913
|
|
|
71,007
|
Trading Companies & Distributors — 0.4%
|
||
Air Lease Corp.
|
|
|
2.30%, 2/1/2025
|
9,600
|
9,054
|
3.25%, 3/1/2025
|
6,266
|
5,966
|
3.38%, 7/1/2025
|
15,102
|
14,323
|
2.88%, 1/15/2026
|
24,378
|
22,666
|
3.75%, 6/1/2026
|
3,734
|
3,532
|
1.88%, 8/15/2026
|
15,645
|
13,821
|
5.85%, 12/15/2027
|
14,670
|
14,660
|
3.25%, 10/1/2029
|
15,000
|
12,818
|
Aviation Capital Group LLC
|
|
|
5.50%, 12/15/2024 (b)
|
19,502
|
19,126
|
4.13%, 8/1/2025 (b)
|
7,958
|
7,488
|
BOC Aviation Ltd. (China) 3.50%, 10/10/2024 (b)
|
7,945
|
7,706
|
WW Grainger, Inc. 4.60%, 6/15/2045
|
4,364
|
4,064
|
|
|
135,224
|
Transportation Infrastructure — 0.0% ^
|
||
Sydney Airport Finance Co. Pty. Ltd. (Australia) 3.38%, 4/30/2025 (b)
|
7,000
|
6,747
|
Water Utilities — 0.0% ^
|
||
American Water Capital Corp.
|
|
|
3.45%, 6/1/2029
|
5,250
|
4,875
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Corporate Bonds — continued
|
||
Water Utilities — continued
|
||
6.59%, 10/15/2037
|
3,354
|
3,764
|
4.00%, 12/1/2046
|
2,241
|
1,780
|
|
|
10,419
|
Wireless Telecommunication Services — 0.3%
|
||
America Movil SAB de CV (Mexico) 4.38%, 4/22/2049
|
8,284
|
7,128
|
Rogers Communications, Inc. (Canada)
|
|
|
3.80%, 3/15/2032 (b)
|
10,000
|
8,837
|
4.55%, 3/15/2052 (b)
|
12,810
|
10,173
|
Sprint LLC 7.63%, 3/1/2026
|
6,777
|
7,085
|
T-Mobile USA, Inc.
|
|
|
3.75%, 4/15/2027
|
18,000
|
17,100
|
3.88%, 4/15/2030
|
25,095
|
23,283
|
5.05%, 7/15/2033
|
22,230
|
21,919
|
3.60%, 11/15/2060
|
4,000
|
2,770
|
Vodafone Group plc (United Kingdom)
|
|
|
4.88%, 6/19/2049
|
16,825
|
14,485
|
5.63%, 2/10/2053
|
3,745
|
3,576
|
|
|
116,356
|
Total Corporate Bonds
(Cost $9,759,666)
|
|
8,653,930
|
Mortgage-Backed Securities — 19.6%
|
||
FHLMC
|
|
|
Pool # 785618, ARM, 3.88%, 7/1/2026 (f)
|
14
|
14
|
Pool # 789758, ARM, 4.47%, 9/1/2032 (f)
|
18
|
18
|
Pool # 847621, ARM, 4.46%, 5/1/2033 (f)
|
384
|
381
|
Pool # 781087, ARM, 4.35%, 12/1/2033 (f)
|
100
|
98
|
Pool # 1B1665, ARM, 4.82%, 4/1/2034 (f)
|
57
|
56
|
Pool # 782870, ARM, 4.29%, 9/1/2034 (f)
|
382
|
381
|
Pool # 782979, ARM, 4.38%, 1/1/2035 (f)
|
488
|
493
|
Pool # 782980, ARM, 4.38%, 1/1/2035 (f)
|
145
|
142
|
Pool # 1G3591, ARM, 3.92%, 8/1/2035 (f)
|
43
|
42
|
Pool # 1Q0007, ARM, 6.01%, 12/1/2035 (f)
|
73
|
73
|
Pool # 1Q0025, ARM, 4.00%, 2/1/2036 (f)
|
50
|
50
|
Pool # 848431, ARM, 4.35%, 2/1/2036 (f)
|
179
|
179
|
Pool # 1G1861, ARM, 4.54%, 3/1/2036 (f)
|
277
|
273
|
Pool # 1J1380, ARM, 5.28%, 3/1/2036 (f)
|
67
|
67
|
Pool # 1H2618, ARM, 4.21%, 5/1/2036 (f)
|
295
|
301
|
Pool # 1L1286, ARM, 5.25%, 5/1/2036 (f)
|
88
|
88
|
Pool # 1G2415, ARM, 5.52%, 5/1/2036 (f)
|
47
|
46
|
Pool # 1G2557, ARM, 4.35%, 6/1/2036 (f)
|
513
|
519
|
Pool # 848068, ARM, 4.63%, 6/1/2036 (f)
|
447
|
437
|
Pool # 1H2623, ARM, 3.97%, 7/1/2036 (f)
|
82
|
83
|
Pool # 848365, ARM, 4.03%, 7/1/2036 (f)
|
147
|
147
|
Pool # 1A1082, ARM, 5.79%, 7/1/2036 (f)
|
196
|
199
|
Pool # 1N0206, ARM, 6.00%, 8/1/2036 (f)
|
180
|
183
|
Pool # 1A1085, ARM, 6.02%, 8/1/2036 (f)
|
148
|
149
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 1Q0105, ARM, 4.02%, 9/1/2036 (f)
|
130
|
130
|
Pool # 1B7242, ARM, 4.38%, 9/1/2036 (f)
|
446
|
443
|
Pool # 1G2539, ARM, 3.85%, 10/1/2036 (f)
|
102
|
100
|
Pool # 1J1348, ARM, 4.44%, 10/1/2036 (f)
|
179
|
177
|
Pool # 1K0046, ARM, 4.48%, 10/1/2036 (f)
|
174
|
172
|
Pool # 1N0249, ARM, 6.14%, 10/1/2036 (f)
|
201
|
201
|
Pool # 1A1096, ARM, 6.32%, 10/1/2036 (f)
|
442
|
448
|
Pool # 1A1097, ARM, 6.57%, 10/1/2036 (f)
|
170
|
170
|
Pool # 1J1378, ARM, 3.89%, 11/1/2036 (f)
|
205
|
202
|
Pool # 1G2671, ARM, 3.97%, 11/1/2036 (f)
|
91
|
89
|
Pool # 1Q0737, ARM, 3.99%, 11/1/2036 (f)
|
148
|
146
|
Pool # 782760, ARM, 4.30%, 11/1/2036 (f)
|
324
|
330
|
Pool # 848115, ARM, 4.32%, 11/1/2036 (f)
|
125
|
125
|
Pool # 1J1419, ARM, 3.83%, 12/1/2036 (f)
|
398
|
392
|
Pool # 1J1634, ARM, 3.92%, 12/1/2036 (f)
|
842
|
849
|
Pool # 1J1418, ARM, 3.94%, 12/1/2036 (f)
|
32
|
31
|
Pool # 1G1386, ARM, 4.19%, 12/1/2036 (f)
|
288
|
284
|
Pool # 1J1399, ARM, 4.38%, 12/1/2036 (f)
|
10
|
10
|
Pool # 1G1478, ARM, 4.16%, 1/1/2037 (f)
|
150
|
147
|
Pool # 1N1511, ARM, 6.41%, 1/1/2037 (f)
|
45
|
45
|
Pool # 1J1516, ARM, 4.07%, 2/1/2037 (f)
|
67
|
67
|
Pool # 1G1554, ARM, 4.34%, 2/1/2037 (f)
|
124
|
122
|
Pool # 1N0353, ARM, 6.31%, 2/1/2037 (f)
|
213
|
215
|
Pool # 1B7303, ARM, 4.76%, 3/1/2037 (f)
|
22
|
22
|
Pool # 1Q0739, ARM, 6.02%, 3/1/2037 (f)
|
269
|
274
|
Pool # 1J0399, ARM, 4.16%, 4/1/2037 (f)
|
13
|
13
|
Pool # 1J1564, ARM, 4.67%, 4/1/2037 (f)
|
208
|
203
|
Pool # 1Q0783, ARM, 4.56%, 5/1/2037 (f)
|
229
|
225
|
Pool # 1N1463, ARM, 4.80%, 5/1/2037 (f)
|
20
|
19
|
Pool # 1Q0697, ARM, 5.48%, 5/1/2037 (f)
|
331
|
334
|
Pool # 1J1621, ARM, 5.56%, 5/1/2037 (f)
|
227
|
223
|
Pool # 1A1193, ARM, 6.23%, 5/1/2037 (f)
|
222
|
221
|
Pool # 1N1477, ARM, 6.71%, 5/1/2037 (f)
|
79
|
81
|
Pool # 1J0533, ARM, 4.12%, 7/1/2037 (f)
|
22
|
21
|
Pool # 1J2945, ARM, 4.00%, 11/1/2037 (f)
|
40
|
39
|
Pool # 1Q0722, ARM, 4.55%, 4/1/2038 (f)
|
160
|
157
|
Pool # 1Q0789, ARM, 4.80%, 5/1/2038 (f)
|
32
|
31
|
Pool # 848699, ARM, 4.02%, 7/1/2040 (f)
|
124
|
126
|
FHLMC Gold Pools, 15 Year Pool # G13603, 5.50%, 2/1/2024
|
—
|
—
|
FHLMC Gold Pools, 20 Year
|
|
|
Pool # C91158, 6.50%, 1/1/2028
|
88
|
88
|
Pool # C91417, 3.50%, 1/1/2032
|
1,768
|
1,714
|
Pool # C91403, 3.50%, 3/1/2032
|
691
|
670
|
FHLMC Gold Pools, 30 Year
|
|
|
Pool # G00245, 8.00%, 8/1/2024
|
1
|
1
|
Pool # C00376, 8.00%, 11/1/2024
|
1
|
1
|
Pool # C00414, 7.50%, 8/1/2025
|
1
|
1
|
Pool # C00452, 7.00%, 4/1/2026
|
2
|
2
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # G00981, 8.50%, 7/1/2028
|
6
|
6
|
Pool # G02210, 7.00%, 12/1/2028
|
90
|
92
|
Pool # C47315, 6.50%, 8/1/2029
|
437
|
452
|
Pool # G03029, 6.00%, 10/1/2029
|
36
|
36
|
Pool # A88871, 7.00%, 1/1/2031
|
128
|
130
|
Pool # C68485, 7.00%, 7/1/2032
|
19
|
19
|
Pool # G01448, 7.00%, 8/1/2032
|
26
|
27
|
Pool # C75791, 5.50%, 1/1/2033
|
143
|
144
|
Pool # A13625, 5.50%, 10/1/2033
|
155
|
159
|
Pool # A16107, 6.00%, 12/1/2033
|
77
|
78
|
Pool # G01864, 5.00%, 1/1/2034
|
99
|
100
|
Pool # A17537, 6.00%, 1/1/2034
|
119
|
122
|
Pool # A23139, 5.00%, 6/1/2034
|
267
|
267
|
Pool # A61572, 5.00%, 9/1/2034
|
382
|
386
|
Pool # A28796, 6.50%, 11/1/2034
|
25
|
25
|
Pool # G03369, 6.50%, 1/1/2035
|
369
|
381
|
Pool # A70350, 5.00%, 3/1/2035
|
95
|
94
|
Pool # A46987, 5.50%, 7/1/2035
|
351
|
361
|
Pool # G05713, 6.50%, 12/1/2035
|
260
|
270
|
Pool # G03777, 5.00%, 11/1/2036
|
258
|
260
|
Pool # C02660, 6.50%, 11/1/2036
|
75
|
78
|
Pool # G02427, 5.50%, 12/1/2036
|
142
|
146
|
Pool # A57681, 6.00%, 12/1/2036
|
28
|
29
|
Pool # G02682, 7.00%, 2/1/2037
|
33
|
34
|
Pool # G04949, 6.50%, 11/1/2037
|
188
|
196
|
Pool # G03666, 7.50%, 1/1/2038
|
322
|
339
|
Pool # G04952, 7.50%, 1/1/2038
|
118
|
123
|
Pool # G04077, 6.50%, 3/1/2038
|
233
|
245
|
Pool # G05671, 5.50%, 8/1/2038
|
273
|
281
|
Pool # G05190, 7.50%, 9/1/2038
|
131
|
135
|
Pool # C03466, 5.50%, 3/1/2040
|
98
|
101
|
Pool # A93383, 5.00%, 8/1/2040
|
1,079
|
1,090
|
Pool # A93511, 5.00%, 8/1/2040
|
3,557
|
3,594
|
Pool # G06493, 4.50%, 5/1/2041
|
6,616
|
6,587
|
Pool # V80351, 3.00%, 8/1/2043
|
13,537
|
12,335
|
Pool # Q52834, 4.00%, 12/1/2047
|
1,393
|
1,329
|
Pool # Z40179, 4.00%, 7/1/2048
|
23,262
|
22,271
|
Pool # Q57995, 5.00%, 8/1/2048
|
3,211
|
3,236
|
Pool # Q61104, 4.00%, 1/1/2049
|
1,182
|
1,131
|
Pool # Q61107, 4.00%, 1/1/2049
|
2,301
|
2,203
|
FHLMC Gold Pools, Other
|
|
|
Pool # WN1157, 1.80%, 11/1/2028
|
50,852
|
44,226
|
Pool # P20570, 7.00%, 7/1/2029
|
6
|
6
|
Pool # G20027, 10.00%, 10/1/2030
|
11
|
11
|
Pool # B90491, 7.50%, 1/1/2032
|
287
|
294
|
Pool # WA3237, 3.55%, 11/1/2032
|
25,899
|
24,115
|
Pool # U80192, 3.50%, 2/1/2033
|
916
|
881
|
Pool # U80342, 3.50%, 5/1/2033
|
713
|
687
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # U80345, 3.50%, 5/1/2033
|
2,912
|
2,794
|
Pool # WN3225, 3.80%, 10/1/2034
|
20,000
|
18,745
|
Pool # P50523, 6.50%, 12/1/2035
|
87
|
85
|
Pool # H05030, 6.00%, 11/1/2036
|
55
|
55
|
Pool # L10291, 6.50%, 11/1/2036
|
746
|
767
|
Pool # P51353, 6.50%, 11/1/2036
|
736
|
760
|
Pool # P50595, 6.50%, 12/1/2036
|
1,059
|
1,105
|
Pool # P51361, 6.50%, 12/1/2036
|
517
|
539
|
Pool # G20028, 7.50%, 12/1/2036
|
870
|
892
|
Pool # P50531, 6.50%, 1/1/2037
|
25
|
25
|
Pool # P51251, 6.50%, 1/1/2037
|
47
|
47
|
Pool # P50536, 6.50%, 2/1/2037
|
65
|
64
|
Pool # WA3186, 3.86%, 4/1/2037
|
2,080
|
1,943
|
Pool # P50556, 6.50%, 6/1/2037
|
39
|
38
|
Pool # U90690, 3.50%, 6/1/2042
|
8,722
|
8,180
|
Pool # U90975, 4.00%, 6/1/2042
|
6,626
|
6,399
|
Pool # T65101, 4.00%, 10/1/2042
|
337
|
314
|
Pool # U90402, 3.50%, 11/1/2042
|
671
|
629
|
Pool # U90673, 4.00%, 1/1/2043
|
917
|
885
|
Pool # U91192, 4.00%, 4/1/2043
|
1,164
|
1,121
|
Pool # U91488, 3.50%, 5/1/2043
|
890
|
836
|
Pool # U99051, 3.50%, 6/1/2043
|
2,658
|
2,493
|
Pool # U99134, 4.00%, 1/1/2046
|
30,768
|
29,639
|
Pool # U69030, 4.50%, 1/1/2046
|
10,311
|
10,242
|
FHLMC UMBS, 20 Year Pool # SC0104, 3.50%, 8/1/2035
|
8,395
|
8,079
|
FHLMC UMBS, 30 Year
|
|
|
Pool # ZT2236, 4.00%, 6/1/2048
|
18,236
|
17,356
|
Pool # ZT2212, 4.00%, 9/1/2048
|
4,212
|
4,015
|
Pool # QA0149, 4.00%, 6/1/2049
|
3,255
|
3,123
|
Pool # QA2578, 3.50%, 9/1/2049
|
1,237
|
1,147
|
Pool # RA2008, 4.00%, 1/1/2050
|
12,639
|
12,073
|
Pool # RA2282, 4.00%, 1/1/2050
|
7,951
|
7,716
|
Pool # QA7351, 3.00%, 2/1/2050
|
7,005
|
6,266
|
Pool # QB0704, 2.50%, 6/1/2050
|
10,711
|
9,194
|
Pool # QB1571, 2.50%, 7/1/2050
|
10,999
|
9,443
|
Pool # QB2879, 2.50%, 8/1/2050
|
2,520
|
2,164
|
Pool # QB7670, 2.50%, 1/1/2051
|
5,133
|
4,405
|
Pool # QB8840, 2.50%, 2/1/2051
|
8,570
|
7,354
|
Pool # RA6459, 2.50%, 12/1/2051
|
31,633
|
27,079
|
Pool # RA6702, 3.00%, 2/1/2052
|
46,813
|
41,785
|
Pool # SD1365, 4.00%, 7/1/2052
|
58,832
|
55,587
|
Pool # RA7683, 5.00%, 7/1/2052
|
25,863
|
25,504
|
Pool # SD1725, 4.00%, 10/1/2052
|
87,347
|
82,556
|
Pool # SD1713, 5.00%, 10/1/2052
|
36,586
|
36,288
|
Pool # RA8766, 5.00%, 3/1/2053
|
25,425
|
25,044
|
FNMA
|
|
|
Pool # 54844, ARM, 3.84%, 9/1/2027 (f)
|
11
|
11
|
Pool # 303532, ARM, 4.25%, 3/1/2029 (f)
|
6
|
6
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 555732, ARM, 4.57%, 8/1/2033 (f)
|
113
|
113
|
Pool # 658481, ARM, 3.74%, 9/1/2033 (f)
|
187
|
182
|
Pool # 746299, ARM, 4.06%, 9/1/2033 (f)
|
45
|
46
|
Pool # 743546, ARM, 3.73%, 11/1/2033 (f)
|
200
|
196
|
Pool # 766610, ARM, 3.93%, 1/1/2034 (f)
|
14
|
13
|
Pool # 777132, ARM, 5.42%, 6/1/2034 (f)
|
154
|
155
|
Pool # 782306, ARM, 4.17%, 7/1/2034 (f)
|
3
|
3
|
Pool # 800422, ARM, 3.46%, 8/1/2034 (f)
|
107
|
104
|
Pool # 790235, ARM, 3.86%, 8/1/2034 (f)
|
50
|
49
|
Pool # 790964, ARM, 3.90%, 9/1/2034 (f)
|
6
|
5
|
Pool # 794792, ARM, 3.70%, 10/1/2034 (f)
|
36
|
36
|
Pool # 896463, ARM, 4.48%, 10/1/2034 (f)
|
154
|
156
|
Pool # 799912, ARM, 3.98%, 11/1/2034 (f)
|
25
|
25
|
Pool # 781563, ARM, 4.12%, 11/1/2034 (f)
|
23
|
23
|
Pool # 809319, ARM, 3.91%, 1/1/2035 (f)
|
33
|
33
|
Pool # 810896, ARM, 6.12%, 1/1/2035 (f)
|
499
|
505
|
Pool # 816594, ARM, 5.78%, 2/1/2035 (f)
|
17
|
17
|
Pool # 820602, ARM, 4.00%, 3/1/2035 (f)
|
109
|
107
|
Pool # 745862, ARM, 4.92%, 4/1/2035 (f)
|
122
|
121
|
Pool # 821378, ARM, 5.04%, 5/1/2035 (f)
|
41
|
39
|
Pool # 823660, ARM, 5.14%, 5/1/2035 (f)
|
31
|
30
|
Pool # 888605, ARM, 4.51%, 7/1/2035 (f)
|
6
|
5
|
Pool # 832801, ARM, 3.89%, 9/1/2035 (f)
|
69
|
68
|
Pool # 851432, ARM, 4.58%, 10/1/2035 (f)
|
246
|
243
|
Pool # 745445, ARM, 4.54%, 1/1/2036 (f)
|
88
|
89
|
Pool # 849251, ARM, 5.71%, 1/1/2036 (f)
|
300
|
296
|
Pool # 920340, ARM, 5.25%, 2/1/2036 (f)
|
32
|
32
|
Pool # 920843, ARM, 5.00%, 3/1/2036 (f)
|
823
|
837
|
Pool # 868952, ARM, 5.10%, 5/1/2036 (f)
|
15
|
14
|
Pool # 872825, ARM, 4.09%, 6/1/2036 (f)
|
248
|
248
|
Pool # 884066, ARM, 5.00%, 6/1/2036 (f)
|
69
|
68
|
Pool # 892868, ARM, 4.02%, 7/1/2036 (f)
|
117
|
115
|
Pool # 886558, ARM, 4.02%, 8/1/2036 (f)
|
305
|
303
|
Pool # 745784, ARM, 4.12%, 8/1/2036 (f)
|
93
|
91
|
Pool # 884722, ARM, 4.65%, 8/1/2036 (f)
|
42
|
41
|
Pool # 893580, ARM, 3.81%, 9/1/2036 (f)
|
107
|
105
|
Pool # 886772, ARM, 3.98%, 9/1/2036 (f)
|
159
|
158
|
Pool # 894452, ARM, 4.07%, 9/1/2036 (f)
|
105
|
103
|
Pool # 920547, ARM, 4.10%, 9/1/2036 (f)
|
170
|
168
|
Pool # 898179, ARM, 5.67%, 9/1/2036 (f)
|
318
|
320
|
Pool # 894239, ARM, 4.18%, 10/1/2036 (f)
|
118
|
116
|
Pool # 900191, ARM, 4.33%, 10/1/2036 (f)
|
154
|
152
|
Pool # 900197, ARM, 4.33%, 10/1/2036 (f)
|
347
|
346
|
Pool # 902818, ARM, 4.20%, 11/1/2036 (f)
|
2
|
2
|
Pool # 902955, ARM, 4.05%, 12/1/2036 (f)
|
249
|
245
|
Pool # 888184, ARM, 4.03%, 1/1/2037 (f)
|
75
|
74
|
Pool # 920954, ARM, 5.71%, 1/1/2037 (f)
|
167
|
169
|
Pool # 915645, ARM, 4.26%, 2/1/2037 (f)
|
116
|
115
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 913984, ARM, 5.69%, 2/1/2037 (f)
|
189
|
190
|
Pool # 888307, ARM, 4.23%, 4/1/2037 (f)
|
80
|
78
|
Pool # 938346, ARM, 4.03%, 7/1/2037 (f)
|
144
|
141
|
Pool # 995919, ARM, 4.25%, 7/1/2037 (f)
|
205
|
205
|
Pool # 948208, ARM, 5.55%, 7/1/2037 (f)
|
200
|
202
|
Pool # 945032, ARM, 4.62%, 8/1/2037 (f)
|
281
|
279
|
Pool # 946362, ARM, 4.01%, 9/1/2037 (f)
|
30
|
30
|
Pool # 946260, ARM, 4.16%, 9/1/2037 (f)
|
34
|
33
|
Pool # 952835, ARM, 4.35%, 9/1/2037 (f)
|
67
|
67
|
Pool # AD0085, ARM, 3.44%, 11/1/2037 (f)
|
287
|
281
|
Pool # 995108, ARM, 4.03%, 11/1/2037 (f)
|
169
|
171
|
Pool # AD0179, ARM, 4.32%, 12/1/2037 (f)
|
333
|
333
|
Pool # 966946, ARM, 4.29%, 1/1/2038 (f)
|
102
|
100
|
FNMA UMBS, 15 Year
|
|
|
Pool # 995381, 6.00%, 1/1/2024
|
10
|
10
|
Pool # 995425, 6.00%, 1/1/2024
|
2
|
2
|
Pool # 995456, 6.50%, 2/1/2024
|
4
|
4
|
Pool # AE0081, 6.00%, 7/1/2024
|
3
|
3
|
Pool # AD0133, 5.00%, 8/1/2024
|
7
|
7
|
Pool # FM3386, 3.50%, 7/1/2034
|
1,237
|
1,195
|
FNMA UMBS, 20 Year
|
|
|
Pool # 889889, 6.50%, 7/1/2024
|
—
|
1
|
Pool # 888656, 6.50%, 4/1/2025
|
—
|
—
|
Pool # AE0096, 5.50%, 7/1/2025
|
10
|
10
|
Pool # 256311, 6.00%, 7/1/2026
|
62
|
63
|
Pool # 256352, 6.50%, 8/1/2026
|
109
|
111
|
Pool # 256803, 6.00%, 7/1/2027
|
94
|
95
|
Pool # 256962, 6.00%, 11/1/2027
|
50
|
51
|
Pool # 257007, 6.00%, 12/1/2027
|
151
|
153
|
Pool # 257048, 6.00%, 1/1/2028
|
265
|
268
|
Pool # 890222, 6.00%, 10/1/2028
|
178
|
180
|
Pool # AE0049, 6.00%, 9/1/2029
|
121
|
122
|
Pool # AO7761, 3.50%, 7/1/2032
|
443
|
425
|
Pool # MA1138, 3.50%, 8/1/2032
|
2,793
|
2,690
|
Pool # AL6238, 4.00%, 1/1/2035
|
7,441
|
7,271
|
FNMA UMBS, 30 Year
|
|
|
Pool # 50966, 7.00%, 1/1/2024
|
—
|
—
|
Pool # 250066, 8.00%, 5/1/2024
|
—
|
—
|
Pool # 250103, 8.50%, 7/1/2024
|
1
|
1
|
Pool # 303031, 7.50%, 10/1/2024
|
—
|
—
|
Pool # 308499, 8.50%, 5/1/2025
|
—
|
—
|
Pool # 689977, 8.00%, 3/1/2027
|
23
|
23
|
Pool # 695533, 8.00%, 6/1/2027
|
22
|
22
|
Pool # 313687, 7.00%, 9/1/2027
|
2
|
2
|
Pool # 756024, 8.00%, 9/1/2028
|
13
|
13
|
Pool # 755973, 8.00%, 11/1/2028
|
69
|
71
|
Pool # 455759, 6.00%, 12/1/2028
|
7
|
8
|
Pool # 252211, 6.00%, 1/1/2029
|
10
|
10
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 459097, 7.00%, 1/1/2029
|
3
|
3
|
Pool # 889020, 6.50%, 11/1/2029
|
1,352
|
1,385
|
Pool # 598559, 6.50%, 8/1/2031
|
61
|
63
|
Pool # 679886, 6.50%, 2/1/2032
|
228
|
236
|
Pool # 682078, 5.50%, 11/1/2032
|
256
|
263
|
Pool # 675555, 6.00%, 12/1/2032
|
72
|
73
|
Pool # AL0045, 6.00%, 12/1/2032
|
556
|
574
|
Pool # 683351, 5.50%, 2/1/2033
|
6
|
6
|
Pool # 357363, 5.50%, 3/1/2033
|
282
|
289
|
Pool # 674349, 6.00%, 3/1/2033
|
25
|
25
|
Pool # 688625, 6.00%, 3/1/2033
|
10
|
11
|
Pool # 688655, 6.00%, 3/1/2033
|
4
|
4
|
Pool # 695584, 6.00%, 3/1/2033
|
5
|
5
|
Pool # 254693, 5.50%, 4/1/2033
|
200
|
205
|
Pool # 702901, 6.00%, 5/1/2033
|
82
|
85
|
Pool # 720576, 5.00%, 6/1/2033
|
49
|
50
|
Pool # 995656, 7.00%, 6/1/2033
|
300
|
313
|
Pool # 723852, 5.00%, 7/1/2033
|
59
|
60
|
Pool # 729296, 5.00%, 7/1/2033
|
63
|
64
|
Pool # 720155, 5.50%, 7/1/2033
|
34
|
34
|
Pool # 729379, 6.00%, 8/1/2033
|
21
|
21
|
Pool # AA0917, 5.50%, 9/1/2033
|
753
|
774
|
Pool # 737825, 6.00%, 9/1/2033
|
48
|
50
|
Pool # 750977, 4.50%, 11/1/2033
|
43
|
42
|
Pool # 725027, 5.00%, 11/1/2033
|
158
|
160
|
Pool # 755109, 5.50%, 11/1/2033
|
14
|
14
|
Pool # 753174, 4.00%, 12/1/2033
|
219
|
212
|
Pool # 725017, 5.50%, 12/1/2033
|
351
|
361
|
Pool # 759424, 5.50%, 1/1/2034
|
41
|
42
|
Pool # 751341, 5.50%, 3/1/2034
|
37
|
37
|
Pool # 770405, 5.00%, 4/1/2034
|
374
|
374
|
Pool # 776708, 5.00%, 5/1/2034
|
148
|
150
|
Pool # AC1317, 4.50%, 9/1/2034
|
79
|
78
|
Pool # 888568, 5.00%, 12/1/2034
|
108
|
109
|
Pool # 810663, 5.00%, 1/1/2035
|
82
|
82
|
Pool # 995003, 7.50%, 1/1/2035
|
123
|
129
|
Pool # 995156, 7.50%, 3/1/2035
|
124
|
128
|
Pool # 735503, 6.00%, 4/1/2035
|
359
|
372
|
Pool # 827776, 5.00%, 7/1/2035
|
50
|
50
|
Pool # 820347, 5.00%, 9/1/2035
|
231
|
233
|
Pool # 745148, 5.00%, 1/1/2036
|
167
|
169
|
Pool # 888417, 6.50%, 1/1/2036
|
913
|
935
|
Pool # 745275, 5.00%, 2/1/2036
|
134
|
136
|
Pool # 833629, 7.00%, 3/1/2036
|
8
|
8
|
Pool # 745418, 5.50%, 4/1/2036
|
245
|
252
|
Pool # 888016, 5.50%, 5/1/2036
|
334
|
344
|
Pool # 888209, 5.50%, 5/1/2036
|
209
|
215
|
Pool # 870770, 6.50%, 7/1/2036
|
23
|
24
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 976871, 6.50%, 8/1/2036
|
626
|
643
|
Pool # AA0922, 6.00%, 9/1/2036
|
1,201
|
1,250
|
Pool # 745948, 6.50%, 10/1/2036
|
134
|
142
|
Pool # AA1019, 6.00%, 11/1/2036
|
146
|
150
|
Pool # 888476, 7.50%, 5/1/2037
|
86
|
91
|
Pool # 928584, 6.50%, 8/1/2037
|
108
|
113
|
Pool # 945870, 6.50%, 8/1/2037
|
179
|
184
|
Pool # 986648, 6.00%, 9/1/2037
|
311
|
323
|
Pool # 928670, 7.00%, 9/1/2037
|
194
|
193
|
Pool # 888890, 6.50%, 10/1/2037
|
253
|
268
|
Pool # 888707, 7.50%, 10/1/2037
|
585
|
622
|
Pool # 888892, 7.50%, 11/1/2037
|
176
|
190
|
Pool # AL0662, 5.50%, 1/1/2038
|
405
|
416
|
Pool # 995505, 8.00%, 1/1/2038
|
11
|
11
|
Pool # 929331, 6.00%, 4/1/2038
|
80
|
81
|
Pool # 909236, 7.00%, 9/1/2038
|
301
|
324
|
Pool # 890268, 6.50%, 10/1/2038
|
304
|
316
|
Pool # 995149, 6.50%, 10/1/2038
|
1,161
|
1,211
|
Pool # 934591, 7.00%, 10/1/2038
|
333
|
358
|
Pool # AB2869, 6.00%, 11/1/2038
|
318
|
331
|
Pool # 991908, 7.00%, 11/1/2038
|
225
|
234
|
Pool # 995504, 7.50%, 11/1/2038
|
145
|
154
|
Pool # 257510, 7.00%, 12/1/2038
|
766
|
829
|
Pool # AD0753, 7.00%, 1/1/2039
|
1,081
|
1,167
|
Pool # AD0780, 7.50%, 4/1/2039
|
708
|
754
|
Pool # AC2948, 5.00%, 9/1/2039
|
432
|
435
|
Pool # AC3740, 5.50%, 9/1/2039
|
168
|
168
|
Pool # AC7296, 5.50%, 12/1/2039
|
239
|
240
|
Pool # AD7790, 5.00%, 8/1/2040
|
2,315
|
2,336
|
Pool # AD9151, 5.00%, 8/1/2040
|
875
|
884
|
Pool # AL2059, 4.00%, 6/1/2042
|
6,155
|
6,011
|
Pool # AB9017, 3.00%, 4/1/2043
|
8,894
|
8,094
|
Pool # AT5891, 3.00%, 6/1/2043
|
11,468
|
10,437
|
Pool # AB9860, 3.00%, 7/1/2043
|
8,393
|
7,639
|
Pool # AL7527, 4.50%, 9/1/2043
|
3,975
|
3,954
|
Pool # AL7496, 3.50%, 5/1/2044
|
16,789
|
15,837
|
Pool # AX9319, 3.50%, 12/1/2044
|
6,158
|
5,765
|
Pool # AL7380, 3.50%, 2/1/2045
|
9,927
|
9,366
|
Pool # AS6479, 3.50%, 1/1/2046
|
23,075
|
21,764
|
Pool # BM1213, 4.00%, 4/1/2047
|
8,019
|
7,715
|
Pool # BH7650, 4.00%, 9/1/2047
|
4,724
|
4,557
|
Pool # BM3500, 4.00%, 9/1/2047
|
28,209
|
27,454
|
Pool # BE8344, 4.00%, 11/1/2047
|
1,330
|
1,272
|
Pool # BJ7248, 4.00%, 12/1/2047
|
3,486
|
3,362
|
Pool # BE8349, 4.00%, 1/1/2048
|
1,962
|
1,876
|
Pool # BJ5756, 4.00%, 1/1/2048
|
4,639
|
4,415
|
Pool # BJ7310, 4.00%, 1/1/2048
|
7,560
|
7,259
|
Pool # BJ8237, 4.00%, 1/1/2048
|
4,445
|
4,268
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BJ8264, 4.00%, 1/1/2048
|
3,484
|
3,345
|
Pool # BM3375, 4.00%, 1/1/2048
|
5,908
|
5,698
|
Pool # BK1007, 4.00%, 2/1/2048
|
1,123
|
1,078
|
Pool # BK1134, 4.00%, 2/1/2048
|
4,927
|
4,710
|
Pool # BM3665, 4.00%, 3/1/2048
|
33,948
|
32,743
|
Pool # BE8366, 4.50%, 7/1/2048
|
4,437
|
4,372
|
Pool # BK7982, 5.00%, 7/1/2048
|
4,397
|
4,466
|
Pool # BN0271, 4.50%, 9/1/2048
|
1,128
|
1,109
|
Pool # BN1315, 4.50%, 9/1/2048
|
1,684
|
1,656
|
Pool # BN4733, 5.50%, 3/1/2049
|
244
|
249
|
Pool # BK8745, 4.50%, 4/1/2049
|
2,397
|
2,350
|
Pool # FM1939, 4.50%, 5/1/2049
|
12,050
|
11,826
|
Pool # BK8753, 4.50%, 6/1/2049
|
3,712
|
3,642
|
Pool # CA3713, 5.00%, 6/1/2049
|
1,752
|
1,745
|
Pool # BO2305, 4.00%, 7/1/2049
|
4,557
|
4,363
|
Pool # BO5607, 3.50%, 9/1/2049
|
2,871
|
2,666
|
Pool # BO1405, 4.00%, 9/1/2049
|
5,546
|
5,283
|
Pool # BO4392, 3.50%, 1/1/2050
|
3,969
|
3,692
|
Pool # BP5299, 3.50%, 3/1/2050
|
5,622
|
5,417
|
Pool # CA5702, 2.50%, 5/1/2050
|
50,114
|
43,266
|
Pool # CA5729, 3.00%, 5/1/2050
|
5,516
|
4,922
|
Pool # FM3671, 4.50%, 5/1/2050
|
5,748
|
5,820
|
Pool # CA6079, 2.50%, 6/1/2050
|
46,219
|
39,682
|
Pool # BK2746, 2.50%, 7/1/2050
|
20,320
|
17,445
|
Pool # BP9823, 2.50%, 7/1/2050
|
609
|
523
|
Pool # BP9948, 2.50%, 7/1/2050
|
1,088
|
935
|
Pool # CA6361, 2.50%, 7/1/2050
|
51,679
|
44,777
|
Pool # BQ2143, 2.50%, 9/1/2050
|
14,269
|
12,252
|
Pool # BQ1155, 2.50%, 10/1/2050
|
18,277
|
15,694
|
Pool # BQ7669, 2.50%, 10/1/2050
|
747
|
641
|
Pool # FM9523, 2.50%, 7/1/2051
|
15,605
|
13,632
|
Pool # BU0070, 2.50%, 10/1/2051
|
47,859
|
40,958
|
Pool # CB1901, 2.50%, 10/1/2051
|
44,442
|
38,623
|
Pool # FS3611, 2.50%, 12/1/2051
|
7,295
|
6,298
|
Pool # CB2637, 2.50%, 1/1/2052
|
67,762
|
58,118
|
Pool # FS0196, 2.50%, 1/1/2052
|
71,865
|
61,543
|
Pool # CB2670, 3.00%, 1/1/2052
|
61,857
|
54,937
|
Pool # FS0882, 2.50%, 3/1/2052
|
51,223
|
44,211
|
Pool # FS0957, 3.00%, 3/1/2052
|
37,010
|
32,857
|
Pool # FS2246, 3.00%, 3/1/2052
|
44,127
|
39,883
|
Pool # BU8924, 3.50%, 4/1/2052
|
27,190
|
25,001
|
Pool # BV7119, 4.50%, 4/1/2052
|
1,004
|
974
|
Pool # BV7121, 4.50%, 4/1/2052
|
1,156
|
1,124
|
Pool # BV7122, 4.50%, 4/1/2052
|
3,407
|
3,328
|
Pool # BV7124, 4.50%, 4/1/2052
|
1,181
|
1,150
|
Pool # CB3629, 4.00%, 5/1/2052
|
44,244
|
41,817
|
Pool # FS1669, 4.00%, 5/1/2052
|
31,627
|
30,403
|
Pool # BV7111, 4.50%, 5/1/2052
|
1,407
|
1,369
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BV7133, 4.50%, 5/1/2052
|
1,200
|
1,169
|
Pool # CB3786, 4.00%, 6/1/2052
|
37,163
|
35,125
|
Pool # FS4076, 4.00%, 8/1/2052
|
20,876
|
19,774
|
Pool # CB4587, 4.50%, 9/1/2052
|
18,976
|
18,379
|
Pool # CB4628, 5.00%, 9/1/2052
|
90,580
|
89,224
|
Pool # CB4642, 6.00%, 9/1/2052
|
19,572
|
19,937
|
Pool # CB5412, 4.00%, 1/1/2053
|
7,157
|
6,764
|
Pool # CB5666, 4.00%, 2/1/2053
|
45,367
|
42,881
|
Pool # CB5896, 5.00%, 3/1/2053
|
24,658
|
24,334
|
Pool # CB5898, 5.00%, 3/1/2053
|
20,307
|
20,075
|
Pool # CB6313, 5.00%, 5/1/2053
|
17,530
|
17,343
|
Pool # BX4395, 5.50%, 5/1/2053
|
8,784
|
8,787
|
FNMA, 30 Year
|
|
|
Pool # 535183, 8.00%, 6/1/2028
|
1
|
1
|
Pool # 252409, 6.50%, 3/1/2029
|
44
|
44
|
Pool # 653815, 7.00%, 2/1/2033
|
7
|
7
|
Pool # 752786, 6.00%, 9/1/2033
|
77
|
77
|
Pool # CA3029, 4.00%, 1/1/2049
|
5,006
|
4,744
|
Pool # CA5105, 3.50%, 2/1/2050
|
7,418
|
6,842
|
FNMA, Other
|
|
|
Pool # AM7654, 2.86%, 1/1/2025
|
6,024
|
5,809
|
Pool # 470300, 3.64%, 1/1/2025
|
4,393
|
4,288
|
Pool # AM8846, 2.68%, 5/1/2025
|
5,676
|
5,443
|
Pool # AM9149, 2.63%, 6/1/2025
|
5,858
|
5,609
|
Pool # AM9548, 3.17%, 8/1/2025
|
6,800
|
6,564
|
Pool # AM4660, 3.77%, 12/1/2025
|
4,960
|
4,839
|
Pool # AN0767, 3.18%, 1/1/2026
|
7,793
|
7,501
|
Pool # AN1590, 2.40%, 5/1/2026
|
8,715
|
8,197
|
Pool # AN1413, 2.49%, 5/1/2026
|
20,394
|
19,206
|
Pool # AN1497, 2.61%, 6/1/2026
|
11,034
|
10,415
|
Pool # AN1243, 2.64%, 6/1/2026
|
7,998
|
7,556
|
Pool # AN1247, 2.64%, 6/1/2026
|
9,848
|
9,305
|
Pool # 468645, 4.54%, 7/1/2026
|
2,060
|
2,065
|
Pool # AN2367, 2.46%, 8/1/2026
|
5,932
|
5,572
|
Pool # 468927, 4.77%, 8/1/2026
|
4,984
|
5,021
|
Pool # AM6448, 3.25%, 9/1/2026
|
9,149
|
8,797
|
Pool # AM7062, 3.44%, 10/1/2026
|
7,631
|
7,378
|
Pool # AM7117, 3.14%, 12/1/2026
|
18,074
|
17,296
|
Pool # AM7262, 3.19%, 12/1/2026
|
15,659
|
14,952
|
Pool # AM7011, 3.22%, 12/1/2026
|
2,659
|
2,551
|
Pool # FN0029, 4.51%, 12/1/2026 (f)
|
5,042
|
5,067
|
Pool # AM8008, 2.94%, 2/1/2027
|
11,271
|
10,668
|
Pool # AM7515, 3.34%, 2/1/2027
|
16,000
|
15,277
|
Pool # AM8745, 2.81%, 5/1/2027
|
9,046
|
8,486
|
Pool # AM8803, 2.78%, 6/1/2027
|
3,801
|
3,565
|
Pool # AM9087, 3.00%, 6/1/2027
|
15,965
|
15,092
|
Pool # AM9170, 3.00%, 6/1/2027
|
4,260
|
4,030
|
Pool # AM9345, 3.25%, 7/1/2027
|
7,171
|
6,842
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # AN7048, 2.90%, 10/1/2027
|
6,275
|
5,897
|
Pool # AM1469, 2.96%, 11/1/2027
|
3,534
|
3,356
|
Pool # AN7669, 2.83%, 12/1/2027
|
19,400
|
18,153
|
Pool # AN8114, 3.00%, 1/1/2028
|
7,536
|
7,101
|
Pool # AN8048, 3.08%, 1/1/2028
|
43,775
|
41,208
|
Pool # AN7943, 3.10%, 1/1/2028
|
14,402
|
13,599
|
Pool # BS8221, 4.56%, 5/1/2028
|
10,254
|
10,320
|
Pool # AN1600, 2.59%, 6/1/2028
|
6,030
|
5,613
|
Pool # AN9686, 3.52%, 6/1/2028
|
40,550
|
38,939
|
Pool # AN9486, 3.57%, 6/1/2028
|
26,476
|
25,469
|
Pool # AN2005, 2.73%, 7/1/2028
|
9,482
|
8,751
|
Pool # 387806, 3.55%, 8/1/2028
|
15,289
|
14,698
|
Pool # 109782, 3.55%, 9/1/2028
|
41,722
|
40,106
|
Pool # BL0919, 3.82%, 9/1/2028
|
18,412
|
17,927
|
Pool # BL1040, 3.81%, 12/1/2028
|
42,090
|
40,889
|
Pool # BL0907, 3.88%, 12/1/2028
|
11,997
|
11,697
|
Pool # BL1435, 3.53%, 1/1/2029
|
23,375
|
22,409
|
Pool # BL4317, 2.27%, 9/1/2029
|
4,559
|
4,067
|
Pool # AN6846, 2.93%, 10/1/2029
|
13,173
|
12,170
|
Pool # BL4333, 2.52%, 11/1/2029
|
40,806
|
36,619
|
Pool # AM8123, 2.92%, 2/1/2030
|
7,532
|
6,986
|
Pool # AM7785, 3.17%, 2/1/2030
|
5,791
|
5,448
|
Pool # AM7516, 3.55%, 2/1/2030
|
13,000
|
12,444
|
Pool # BS7388, 4.82%, 3/1/2030
|
10,490
|
10,731
|
Pool # AM8692, 3.03%, 4/1/2030
|
25,000
|
23,051
|
Pool # AM8544, 3.08%, 4/1/2030
|
14,363
|
13,427
|
Pool # BS8225, 4.41%, 4/1/2030
|
15,540
|
15,435
|
Pool # AM8889, 2.92%, 5/1/2030
|
11,320
|
10,411
|
Pool # AM8151, 2.94%, 5/1/2030
|
12,000
|
11,133
|
Pool # AN9154, 3.64%, 5/1/2030
|
3,998
|
3,837
|
Pool # BS7669, 4.75%, 5/1/2030
|
8,177
|
8,318
|
Pool # AM9020, 2.97%, 6/1/2030
|
7,386
|
6,852
|
Pool # AM9154, 3.18%, 6/1/2030
|
8,506
|
7,998
|
Pool # BS8461, 4.27%, 6/1/2030 ‡ (g)
|
22,370
|
22,204
|
Pool # BS7678, 4.75%, 6/1/2030
|
8,500
|
8,650
|
Pool # BS7681, 4.75%, 7/1/2030
|
4,758
|
4,843
|
Pool # AN9293, 3.71%, 9/1/2030
|
60,000
|
57,286
|
Pool # BL9494, 1.46%, 12/1/2030
|
10,000
|
8,088
|
Pool # BL0979, 4.05%, 12/1/2030
|
4,101
|
4,016
|
Pool # BS7921, 4.77%, 1/1/2031
|
9,208
|
9,397
|
Pool # AH9683, 5.00%, 4/1/2031
|
226
|
226
|
Pool # BS2035, 1.84%, 6/1/2031
|
33,900
|
28,053
|
Pool # AN1829, 2.90%, 6/1/2031
|
7,143
|
6,517
|
Pool # BS2422, 1.67%, 7/1/2031
|
36,050
|
29,201
|
Pool # BS8341, 4.62%, 7/1/2031
|
2,998
|
3,029
|
Pool # BL3298, 2.86%, 8/1/2031
|
7,000
|
6,269
|
Pool # BL4310, 2.35%, 10/1/2031
|
11,205
|
9,685
|
Pool # AN2625, 2.50%, 10/1/2031
|
9,361
|
8,237
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # AN2513, 2.63%, 10/1/2031
|
25,000
|
22,444
|
Pool # BS4338, 1.82%, 1/1/2032
|
26,665
|
21,775
|
Pool # BS4030, 1.96%, 1/1/2032
|
20,000
|
16,614
|
Pool # BS3869, 2.00%, 1/1/2032
|
36,000
|
29,701
|
Pool # BS4200, 2.05%, 2/1/2032
|
34,650
|
28,718
|
Pool # BM7037, 1.75%, 3/1/2032 (f)
|
103,201
|
84,537
|
Pool # BL5789, 2.40%, 3/1/2032
|
12,500
|
10,759
|
Pool # BS5130, 2.55%, 4/1/2032
|
48,059
|
41,942
|
Pool # BS5069, 2.73%, 4/1/2032
|
2,469
|
2,157
|
Pool # AN5065, 3.34%, 4/1/2032
|
26,680
|
24,978
|
Pool # BS5330, 2.85%, 5/1/2032
|
14,317
|
12,659
|
Pool # BS5298, 3.07%, 5/1/2032
|
36,743
|
33,067
|
Pool # BS5907, 3.54%, 6/1/2032
|
10,756
|
10,042
|
Pool # BS6033, 3.97%, 7/1/2032
|
2,081
|
2,009
|
Pool # BS6193, 4.12%, 7/1/2032
|
7,871
|
7,685
|
Pool # BS6194, 4.13%, 7/1/2032
|
3,958
|
3,868
|
Pool # BS6301, 3.67%, 8/1/2032
|
19,145
|
18,047
|
Pool # BS6258, 3.70%, 8/1/2032
|
8,167
|
7,712
|
Pool # BS6288, 3.89%, 8/1/2032
|
11,420
|
10,984
|
Pool # BS6597, 3.67%, 9/1/2032
|
13,781
|
12,894
|
Pool # BS6305, 3.68%, 9/1/2032
|
54,320
|
51,084
|
Pool # BS6316, 3.76%, 9/1/2032
|
20,000
|
18,931
|
Pool # BS6440, 3.78%, 9/1/2032
|
10,642
|
10,116
|
Pool # BS6339, 3.80%, 9/1/2032
|
65,061
|
61,782
|
Pool # BS6381, 3.89%, 9/1/2032
|
22,000
|
21,021
|
Pool # BS6159, 3.92%, 9/1/2032
|
6,000
|
5,753
|
Pool # BS6845, 4.22%, 10/1/2032
|
43,000
|
42,150
|
Pool # BS6915, 4.60%, 10/1/2032
|
36,000
|
36,332
|
Pool # BM7110, 3.88%, 11/1/2032 (f)
|
28,247
|
27,126
|
Pool # BS6840, 4.18%, 11/1/2032
|
8,255
|
8,067
|
Pool # BS6841, 4.18%, 11/1/2032
|
11,615
|
11,350
|
Pool # BS6995, 4.18%, 11/1/2032
|
19,825
|
19,373
|
Pool # BS6868, 4.61%, 11/1/2032
|
7,463
|
7,539
|
Pool # BS6969, 4.76%, 11/1/2032
|
13,935
|
14,185
|
Pool # AQ7084, 3.50%, 12/1/2032
|
1,370
|
1,317
|
Pool # BS7083, 4.59%, 12/1/2032
|
34,142
|
34,456
|
Pool # BS7019, 4.60%, 12/1/2032
|
33,325
|
33,640
|
Pool # BS7298, 4.86%, 12/1/2032
|
7,000
|
7,185
|
Pool # BS7320, 4.88%, 12/1/2032
|
14,287
|
14,676
|
Pool # 650236, 5.00%, 12/1/2032
|
4
|
4
|
Pool # BS7303, 5.34%, 12/1/2032
|
10,906
|
11,553
|
Pool # BS7496, 4.33%, 1/1/2033
|
12,054
|
11,917
|
Pool # BS7558, 4.40%, 1/1/2033
|
15,134
|
15,050
|
Pool # BS7595, 4.46%, 1/1/2033
|
9,381
|
9,371
|
Pool # BS7147, 4.95%, 1/1/2033
|
10,746
|
11,063
|
Pool # AR7484, 3.50%, 2/1/2033
|
1,903
|
1,829
|
Pool # BS7843, 3.90%, 2/1/2033
|
60,000
|
57,370
|
Pool # BS7850, 4.21%, 2/1/2033
|
88,000
|
86,207
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BS7775, 4.14%, 3/1/2033
|
8,725
|
8,497
|
Pool # BS8110, 4.30%, 3/1/2033
|
44,672
|
44,069
|
Pool # BS7786, 4.24%, 4/1/2033
|
39,193
|
38,480
|
Pool # BS8223, 4.50%, 4/1/2033
|
6,368
|
6,383
|
Pool # BS8146, 4.55%, 4/1/2033
|
49,498
|
49,836
|
Pool # BS8055, 4.71%, 4/1/2033
|
14,699
|
14,913
|
Pool # BS8185, 4.17%, 5/1/2033
|
13,528
|
13,203
|
Pool # BS8213, 4.22%, 5/1/2033
|
18,635
|
18,269
|
Pool # BS8546, 4.37%, 5/1/2033
|
32,295
|
32,051
|
Pool # BS8284, 4.43%, 5/1/2033
|
8,651
|
8,627
|
Pool # BS8610, 4.48%, 5/1/2033
|
4,615
|
4,620
|
Pool # BS8247, 4.53%, 5/1/2033
|
3,900
|
3,920
|
Pool # BS8609, 4.53%, 5/1/2033
|
6,149
|
6,181
|
Pool # AT7117, 3.50%, 6/1/2033
|
782
|
751
|
Pool # BS8756, 4.14%, 6/1/2033 (g)
|
18,267
|
17,959
|
Pool # BS8644, 4.32%, 6/1/2033 (g)
|
22,338
|
22,408
|
Pool # BS8661, 4.34%, 6/1/2033 ‡ (g)
|
4,663
|
4,610
|
Pool # BS8665, 4.34%, 6/1/2033 ‡ (g)
|
5,025
|
4,968
|
Pool # BS8571, 4.43%, 6/1/2033 ‡ (g)
|
6,212
|
6,132
|
Pool # AN6000, 3.21%, 7/1/2033
|
9,537
|
8,690
|
Pool # AN9695, 3.67%, 7/1/2033
|
32,550
|
30,548
|
Pool # AN9950, 3.89%, 7/1/2033
|
9,013
|
8,422
|
Pool # BS2642, 1.85%, 8/1/2033
|
9,225
|
7,359
|
Pool # BS3169, 1.82%, 9/1/2033
|
6,842
|
5,397
|
Pool # BS3315, 1.82%, 11/1/2033
|
10,924
|
8,556
|
Pool # BS4824, 2.50%, 2/1/2034
|
60,280
|
50,259
|
Pool # 810997, 5.50%, 10/1/2034
|
96
|
94
|
Pool # AM7122, 3.61%, 11/1/2034
|
5,059
|
4,802
|
Pool # BL5976, 2.49%, 4/1/2035
|
22,962
|
18,712
|
Pool # AM8474, 3.45%, 4/1/2035
|
4,552
|
4,260
|
Pool # AM8475, 3.45%, 4/1/2035
|
1,847
|
1,728
|
Pool # BL6315, 2.20%, 5/1/2035
|
5,081
|
4,003
|
Pool # AM9188, 3.12%, 6/1/2035
|
23,000
|
20,598
|
Pool # BL7110, 1.76%, 7/1/2035
|
12,500
|
9,527
|
Pool # AM9532, 3.63%, 10/1/2035
|
3,444
|
3,265
|
Pool # BS5413, 3.41%, 12/1/2035
|
10,250
|
9,016
|
Pool # AN0375, 3.76%, 12/1/2035
|
3,439
|
3,294
|
Pool # 256051, 5.50%, 12/1/2035
|
75
|
76
|
Pool # 256128, 6.00%, 2/1/2036
|
13
|
13
|
Pool # 880219, 7.00%, 2/1/2036
|
59
|
59
|
Pool # 868763, 6.50%, 4/1/2036
|
7
|
7
|
Pool # 920934, 6.50%, 1/1/2037
|
267
|
274
|
Pool # 888408, 6.00%, 3/1/2037
|
198
|
200
|
Pool # 888373, 7.00%, 3/1/2037
|
29
|
30
|
Pool # 888412, 7.00%, 4/1/2037
|
22
|
23
|
Pool # BS5648, 3.87%, 6/1/2037
|
10,561
|
9,655
|
Pool # BS5650, 3.87%, 6/1/2037
|
14,180
|
12,963
|
Pool # BS5761, 3.87%, 6/1/2037
|
10,964
|
10,044
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # 995783, 8.00%, 11/1/2037
|
74
|
75
|
Pool # 257209, 5.50%, 5/1/2038
|
87
|
88
|
Pool # MA0127, 5.50%, 6/1/2039
|
125
|
123
|
Pool # AL2606, 4.00%, 3/1/2042
|
219
|
204
|
Pool # AO7225, 4.00%, 7/1/2042
|
1,364
|
1,315
|
Pool # AO9352, 4.00%, 7/1/2042
|
1,751
|
1,689
|
Pool # AO9353, 4.00%, 7/1/2042
|
1,935
|
1,867
|
Pool # MA1125, 4.00%, 7/1/2042
|
1,308
|
1,262
|
Pool # MA1178, 4.00%, 9/1/2042
|
7,389
|
7,127
|
Pool # MA1213, 3.50%, 10/1/2042
|
3,206
|
3,004
|
Pool # MA1251, 3.50%, 11/1/2042
|
8,441
|
7,909
|
Pool # MA1253, 4.00%, 11/1/2042
|
6,146
|
5,929
|
Pool # AR1397, 3.00%, 1/1/2043
|
6,186
|
5,647
|
Pool # MA1328, 3.50%, 1/1/2043
|
1,180
|
1,106
|
Pool # AQ9999, 3.00%, 2/1/2043
|
3,208
|
2,929
|
Pool # MA1373, 3.50%, 3/1/2043
|
1,973
|
1,848
|
Pool # MA1404, 3.50%, 4/1/2043
|
5,810
|
5,443
|
Pool # AB9096, 4.00%, 4/1/2043
|
661
|
636
|
Pool # AB9196, 3.50%, 5/1/2043
|
1,726
|
1,617
|
Pool # AT4051, 3.50%, 5/1/2043
|
885
|
829
|
Pool # MA1437, 3.50%, 5/1/2043
|
6,556
|
6,148
|
Pool # AT5914, 3.50%, 6/1/2043
|
4,130
|
3,872
|
Pool # MA1463, 3.50%, 6/1/2043
|
8,074
|
7,570
|
Pool # AB9704, 4.00%, 6/1/2043
|
1,580
|
1,521
|
Pool # MA1711, 4.50%, 12/1/2043
|
9,151
|
9,034
|
Pool # AL6167, 3.50%, 1/1/2044
|
4,284
|
4,013
|
Pool # MA1759, 4.00%, 1/1/2044
|
2,931
|
2,820
|
Pool # MA1760, 4.50%, 1/1/2044
|
2,776
|
2,741
|
Pool # AV9286, 4.00%, 2/1/2044
|
2,267
|
2,181
|
Pool # MA1800, 4.00%, 2/1/2044
|
1,782
|
1,715
|
Pool # MA1828, 4.50%, 3/1/2044
|
7,044
|
6,955
|
Pool # MA2429, 4.00%, 10/1/2045
|
1,982
|
1,907
|
Pool # MA2565, 4.00%, 3/1/2046
|
3,013
|
2,899
|
Pool # BM5835, 3.00%, 9/1/2047
|
11,441
|
10,285
|
Pool # AD0523, 6.00%, 11/1/2048
|
207
|
206
|
Pool # BF0131, 3.50%, 8/1/2056
|
41,940
|
38,780
|
Pool # BF0144, 3.50%, 10/1/2056
|
2,742
|
2,533
|
Pool # BF0230, 5.50%, 1/1/2058
|
42,144
|
43,430
|
Pool # BF0341, 5.50%, 1/1/2059
|
18,297
|
18,709
|
Pool # BM7076, 4.00%, 4/1/2059
|
48,117
|
45,933
|
Pool # BM6734, 4.00%, 8/1/2059
|
35,233
|
33,460
|
Pool # BF0464, 3.50%, 3/1/2060
|
51,089
|
46,938
|
Pool # BM7075, 3.00%, 3/1/2061
|
79,243
|
69,245
|
Pool # BF0546, 2.50%, 7/1/2061
|
80,342
|
66,466
|
Pool # BF0562, 3.50%, 9/1/2061
|
61,829
|
56,425
|
Pool # BF0577, 2.50%, 12/1/2061 (g)
|
14,027
|
11,604
|
Pool # BF0590, 2.50%, 12/1/2061
|
18,767
|
15,746
|
Pool # BF0579, 3.00%, 12/1/2061
|
22,480
|
19,644
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BF0583, 4.00%, 12/1/2061
|
31,854
|
30,093
|
Pool # BF0586, 5.00%, 12/1/2061
|
15,345
|
15,160
|
Pool # BF0617, 2.50%, 3/1/2062 (g)
|
88,440
|
73,001
|
Pool # BF0602, 3.00%, 3/1/2062
|
32,127
|
28,074
|
Pool # BF0603, 3.50%, 3/1/2062
|
22,530
|
20,812
|
Pool # BF0604, 3.50%, 3/1/2062
|
36,144
|
32,985
|
Pool # BF0605, 4.00%, 3/1/2062
|
17,788
|
16,727
|
Pool # BF0654, 3.00%, 6/1/2062
|
38,356
|
33,517
|
Pool # BF0648, 3.50%, 6/1/2062
|
26,680
|
24,580
|
Pool # BF0655, 3.50%, 6/1/2062
|
48,915
|
44,428
|
Pool # BF0649, 4.00%, 6/1/2062
|
22,727
|
21,583
|
Pool # BF0677, 4.00%, 9/1/2062 (g)
|
52,950
|
50,022
|
GNMA I, 30 Year
|
|
|
Pool # 352022, 7.00%, 11/15/2023
|
—
|
—
|
Pool # 366706, 6.50%, 1/15/2024
|
1
|
1
|
Pool # 780965, 9.50%, 12/15/2025
|
—
|
—
|
Pool # 442119, 7.50%, 11/15/2026
|
2
|
2
|
Pool # 411829, 7.50%, 7/15/2027
|
4
|
4
|
Pool # 554108, 6.50%, 3/15/2028
|
24
|
25
|
Pool # 468149, 8.00%, 8/15/2028
|
2
|
2
|
Pool # 468236, 6.50%, 9/15/2028
|
63
|
65
|
Pool # 486537, 7.50%, 9/15/2028
|
12
|
12
|
Pool # 486631, 6.50%, 10/15/2028
|
4
|
4
|
Pool # 466406, 6.00%, 11/15/2028
|
10
|
10
|
Pool # 781328, 7.00%, 9/15/2031
|
288
|
300
|
Pool # 569568, 6.50%, 1/15/2032
|
249
|
257
|
Pool # 591882, 6.50%, 7/15/2032
|
15
|
15
|
Pool # 607645, 6.50%, 2/15/2033
|
55
|
57
|
Pool # 607724, 7.00%, 2/15/2033
|
38
|
39
|
Pool # 783123, 5.50%, 4/15/2033
|
1,371
|
1,415
|
Pool # 604209, 6.50%, 4/15/2033
|
42
|
43
|
Pool # 614546, 5.50%, 6/15/2033
|
11
|
11
|
Pool # 781614, 7.00%, 6/15/2033
|
88
|
94
|
Pool # 781689, 5.50%, 12/15/2033
|
49
|
51
|
Pool # 632415, 5.50%, 7/15/2034
|
21
|
22
|
Pool # 574710, 5.50%, 9/15/2034
|
18
|
18
|
Pool # 782615, 7.00%, 6/15/2035
|
642
|
674
|
Pool # 782025, 6.50%, 12/15/2035
|
253
|
259
|
Pool # 617486, 7.00%, 4/15/2037
|
79
|
79
|
Pool # 782212, 7.50%, 10/15/2037
|
126
|
133
|
Pool # BI6868, 5.00%, 3/15/2049
|
2,078
|
2,122
|
Pool # BM1726, 5.00%, 3/15/2049
|
1,890
|
1,934
|
Pool # CO1894, 4.50%, 7/15/2052
|
7,661
|
7,571
|
GNMA II
|
|
|
Pool # CE5521, ARM, 6.19%, 8/20/2071 (f)
|
12,107
|
12,448
|
Pool # CE5523, ARM, 6.34%, 8/20/2071 (f)
|
18,619
|
19,171
|
Pool # CE9356, ARM, 6.08%, 9/20/2071 (f)
|
8,749
|
8,899
|
Pool # CE5537, ARM, 6.20%, 9/20/2071 (f)
|
33,658
|
34,612
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # CE5533, ARM, 6.25%, 9/20/2071 (f)
|
37,535
|
38,601
|
Pool # CE5536, ARM, 6.28%, 9/20/2071 (f)
|
31,935
|
32,897
|
Pool # CE5544, ARM, 6.18%, 10/20/2071 (f)
|
35,192
|
36,134
|
Pool # CE5550, ARM, 6.19%, 10/20/2071 (f)
|
17,944
|
18,425
|
Pool # CE5552, ARM, 6.19%, 11/20/2071 (f)
|
35,091
|
36,054
|
Pool # CK2783, ARM, 6.17%, 2/20/2072 (f)
|
86,508
|
88,790
|
Pool # CK2789, ARM, 6.20%, 2/20/2072 (f)
|
33,106
|
34,022
|
Pool # CM0227, ARM, 6.22%, 2/20/2072 (f)
|
29,974
|
30,809
|
Pool # CM0228, ARM, 6.49%, 2/20/2072 (f)
|
21,561
|
22,431
|
Pool # CL8129, ARM, 6.12%, 3/20/2072 (f)
|
20,173
|
20,630
|
Pool # CK2802, ARM, 6.14%, 3/20/2072 (f)
|
26,830
|
27,507
|
Pool # CK2794, ARM, 6.18%, 3/20/2072 (f)
|
44,508
|
45,715
|
Pool # CK2791, ARM, 6.19%, 3/20/2072 (f)
|
41,446
|
42,620
|
Pool # CK2800, ARM, 6.19%, 3/20/2072 (f)
|
23,603
|
24,258
|
Pool # CM0234, ARM, 6.20%, 3/20/2072 (f)
|
31,412
|
32,266
|
Pool # CK2793, ARM, 6.21%, 3/20/2072 (f)
|
41,157
|
42,341
|
Pool # CM9946, ARM, 6.22%, 3/20/2072 (f)
|
18,166
|
18,667
|
Pool # CK2803, ARM, 6.14%, 4/20/2072 (f)
|
42,653
|
43,753
|
Pool # BL8377, ARM, 6.21%, 4/20/2072 (f)
|
36,575
|
37,656
|
Pool # CN0126, ARM, 6.22%, 5/20/2072 (f)
|
35,532
|
36,533
|
Pool # CN7634, ARM, 6.26%, 6/20/2072 (f)
|
26,468
|
27,342
|
Pool # 786250, ARM, 6.41%, 6/20/2072 (f)
|
40,083
|
41,768
|
Pool # CL8191, ARM, 6.37%, 7/20/2072 (f)
|
20,864
|
21,665
|
Pool # CO0363, ARM, 6.37%, 7/20/2072 (f)
|
29,313
|
30,525
|
Pool # 786556, 4.64%, 1/20/2073 (f)
|
42,902
|
41,247
|
GNMA II, 30 Year
|
|
|
Pool # 1974, 8.50%, 3/20/2025
|
—
|
—
|
Pool # 1989, 8.50%, 4/20/2025
|
2
|
2
|
Pool # 2006, 8.50%, 5/20/2025
|
2
|
2
|
Pool # 2141, 8.00%, 12/20/2025
|
1
|
1
|
Pool # 2234, 8.00%, 6/20/2026
|
3
|
3
|
Pool # 2270, 8.00%, 8/20/2026
|
3
|
3
|
Pool # 2285, 8.00%, 9/20/2026
|
3
|
3
|
Pool # 2324, 8.00%, 11/20/2026
|
2
|
2
|
Pool # 2499, 8.00%, 10/20/2027
|
6
|
7
|
Pool # 2512, 8.00%, 11/20/2027
|
6
|
6
|
Pool # 2525, 8.00%, 12/20/2027
|
4
|
4
|
Pool # 2549, 7.50%, 2/20/2028
|
4
|
4
|
Pool # 2562, 6.00%, 3/20/2028
|
15
|
15
|
Pool # 2646, 7.50%, 9/20/2028
|
12
|
12
|
Pool # 2647, 8.00%, 9/20/2028
|
1
|
1
|
Pool # 2781, 6.50%, 7/20/2029
|
266
|
273
|
Pool # 4224, 7.00%, 8/20/2038
|
62
|
66
|
Pool # 4245, 6.00%, 9/20/2038
|
1,677
|
1,759
|
Pool # 783389, 6.00%, 8/20/2039
|
803
|
844
|
Pool # 783444, 5.50%, 9/20/2039
|
454
|
463
|
Pool # 783967, 4.25%, 12/20/2044
|
4,466
|
4,384
|
Pool # AK8791, 3.75%, 7/20/2045
|
1,466
|
1,397
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BD0481, 4.00%, 12/20/2047
|
1,503
|
1,444
|
Pool # BD0484, 4.50%, 12/20/2047
|
5,777
|
5,623
|
Pool # BE0207, 4.50%, 2/20/2048
|
4,446
|
4,337
|
Pool # BE0208, 4.50%, 2/20/2048
|
5,497
|
5,370
|
Pool # BE5169, 4.50%, 2/20/2048
|
5,375
|
5,260
|
Pool # BA7567, 4.50%, 5/20/2048
|
1,728
|
1,674
|
Pool # BG6360, 5.00%, 5/20/2048
|
7,213
|
7,341
|
Pool # BF2574, 5.50%, 5/20/2048
|
131
|
133
|
Pool # BI0728, 5.00%, 7/20/2048
|
7,883
|
8,028
|
Pool # BD0551, 4.50%, 8/20/2048
|
2,203
|
2,165
|
Pool # BI5288, 5.00%, 8/20/2048
|
9,370
|
9,488
|
Pool # BI5289, 5.00%, 8/20/2048
|
14,132
|
14,313
|
Pool # AY2411, 4.25%, 9/20/2048
|
3,517
|
3,391
|
Pool # 784598, 5.00%, 9/20/2048
|
10,255
|
10,452
|
Pool # 784626, 4.50%, 10/20/2048
|
1,307
|
1,279
|
Pool # BK2586, 5.00%, 11/20/2048
|
1,452
|
1,460
|
Pool # BJ7082, 5.00%, 12/20/2048
|
514
|
513
|
Pool # BJ7085, 5.00%, 12/20/2048
|
1,135
|
1,154
|
Pool # BK7169, 5.00%, 12/20/2048
|
6,613
|
6,638
|
Pool # BK8878, 4.50%, 2/20/2049
|
2,524
|
2,470
|
Pool # BK7189, 5.00%, 2/20/2049
|
6,435
|
6,485
|
Pool # BJ9972, 5.50%, 2/20/2049
|
1,354
|
1,373
|
Pool # BK7198, 4.50%, 3/20/2049
|
2,843
|
2,766
|
Pool # BK7199, 5.00%, 3/20/2049
|
1,321
|
1,332
|
Pool # BL8042, 5.00%, 3/20/2049
|
6,582
|
6,637
|
Pool # BL9333, 5.00%, 3/20/2049
|
2,865
|
2,920
|
Pool # BG0079, 5.50%, 3/20/2049
|
830
|
842
|
Pool # BL6756, 5.50%, 3/20/2049
|
309
|
310
|
Pool # BJ1322, 5.00%, 4/20/2049
|
4,529
|
4,657
|
Pool # BJ9622, 5.00%, 4/20/2049
|
2,270
|
2,266
|
Pool # BK7209, 5.00%, 4/20/2049
|
6,109
|
6,174
|
Pool # BL6758, 5.50%, 4/20/2049
|
1,162
|
1,175
|
Pool # BM9664, 4.50%, 5/20/2049
|
7,414
|
7,335
|
Pool # BM9683, 5.00%, 6/20/2049
|
15,313
|
15,489
|
Pool # BO2880, 5.00%, 6/20/2049
|
435
|
433
|
Pool # BN3950, 5.50%, 6/20/2049
|
2,186
|
2,214
|
Pool # BN2629, 4.00%, 7/20/2049
|
12,321
|
12,013
|
Pool # BI0926, 5.00%, 7/20/2049
|
873
|
877
|
Pool # BI0927, 5.00%, 7/20/2049
|
606
|
603
|
Pool # BM2186, 5.00%, 7/20/2049
|
608
|
611
|
Pool # BM2187, 5.00%, 7/20/2049
|
311
|
308
|
Pool # BO2871, 5.00%, 7/20/2049
|
374
|
372
|
Pool # BO2872, 5.00%, 7/20/2049
|
978
|
986
|
Pool # BO2878, 5.00%, 7/20/2049
|
626
|
630
|
Pool # BO2879, 5.00%, 7/20/2049
|
659
|
655
|
Pool # BO3162, 5.00%, 7/20/2049
|
46,279
|
48,086
|
Pool # BO3173, 5.00%, 7/20/2049
|
1,178
|
1,173
|
Pool # BO3174, 5.00%, 7/20/2049
|
361
|
358
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BO3175, 5.00%, 7/20/2049
|
221
|
225
|
Pool # BO8226, 5.00%, 7/20/2049
|
388
|
385
|
Pool # BO8229, 5.00%, 7/20/2049
|
5,694
|
5,832
|
Pool # BO8235, 5.00%, 7/20/2049
|
649
|
646
|
Pool # BO8236, 5.00%, 7/20/2049
|
430
|
427
|
Pool # BP4243, 5.00%, 8/20/2049
|
11,305
|
11,469
|
Pool # BN2649, 3.50%, 9/20/2049
|
3,649
|
3,407
|
Pool # BM9713, 4.50%, 9/20/2049
|
2,482
|
2,421
|
Pool # BP4337, 4.50%, 9/20/2049
|
15,254
|
15,240
|
Pool # BQ3224, 4.50%, 9/20/2049
|
13,670
|
13,391
|
Pool # 784810, 5.00%, 9/20/2049
|
13,088
|
13,021
|
Pool # BM9734, 4.00%, 10/20/2049
|
3,792
|
3,660
|
Pool # 784847, 4.50%, 11/20/2049
|
21,484
|
20,874
|
Pool # BQ8694, 4.50%, 11/20/2049
|
861
|
851
|
Pool # BQ8696, 4.50%, 11/20/2049
|
917
|
909
|
Pool # BR2686, 4.50%, 11/20/2049
|
2,143
|
2,096
|
Pool # BR2687, 4.50%, 11/20/2049
|
4,220
|
4,155
|
Pool # BR2688, 4.50%, 11/20/2049
|
2,415
|
2,370
|
Pool # BR2689, 4.50%, 11/20/2049
|
3,320
|
3,309
|
Pool # BR2739, 4.50%, 11/20/2049
|
1,612
|
1,615
|
Pool # BR2756, 4.50%, 11/20/2049
|
2,127
|
2,108
|
Pool # BR2757, 4.50%, 11/20/2049
|
2,183
|
2,157
|
Pool # BR3820, 4.50%, 11/20/2049
|
350
|
341
|
Pool # BR3821, 4.50%, 11/20/2049
|
938
|
914
|
Pool # BS0953, 4.50%, 11/20/2049
|
1,744
|
1,748
|
Pool # BQ4131, 3.50%, 12/20/2049
|
13,176
|
12,415
|
Pool # BI0940, 4.50%, 12/20/2049
|
626
|
613
|
Pool # BQ3796, 4.50%, 12/20/2049
|
2,224
|
2,210
|
Pool # BR2730, 4.50%, 12/20/2049
|
777
|
760
|
Pool # BR2731, 4.50%, 12/20/2049
|
705
|
693
|
Pool # BR2732, 4.50%, 12/20/2049
|
1,266
|
1,274
|
Pool # BR2755, 4.50%, 12/20/2049
|
1,129
|
1,104
|
Pool # BR3822, 4.50%, 12/20/2049
|
876
|
853
|
Pool # BR3823, 4.50%, 12/20/2049
|
1,196
|
1,180
|
Pool # BR3824, 4.50%, 12/20/2049
|
1,141
|
1,138
|
Pool # BS0951, 4.50%, 12/20/2049
|
1,876
|
1,842
|
Pool # BS0952, 4.50%, 12/20/2049
|
1,335
|
1,323
|
Pool # BQ4132, 3.50%, 1/20/2050
|
5,359
|
5,005
|
Pool # BQ4133, 3.50%, 1/20/2050
|
5,693
|
5,337
|
Pool # BR1548, 3.50%, 1/20/2050
|
3,938
|
3,804
|
Pool # BS8380, 4.50%, 2/20/2050
|
3,490
|
3,525
|
Pool # BP8085, 3.00%, 3/20/2050
|
4,122
|
3,709
|
Pool # BR3892, 4.00%, 3/20/2050
|
10,059
|
9,561
|
Pool # BT8094, 4.00%, 4/20/2050
|
1,125
|
1,074
|
Pool # BT8095, 4.00%, 4/20/2050
|
5,896
|
5,631
|
Pool # BT8096, 4.00%, 4/20/2050
|
7,989
|
7,630
|
Pool # BT8097, 4.00%, 4/20/2050
|
8,065
|
7,778
|
Pool # BT8098, 4.00%, 4/20/2050
|
9,505
|
9,197
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Mortgage-Backed Securities — continued
|
||
Pool # BT8099, 4.00%, 4/20/2050
|
7,614
|
7,404
|
Pool # BW7042, 3.50%, 9/20/2050
|
20,510
|
19,023
|
Pool # 785294, 3.50%, 1/20/2051
|
58,162
|
52,505
|
Pool # MA7534, 2.50%, 8/20/2051
|
256,659
|
224,515
|
Pool # MA7649, 2.50%, 10/20/2051
|
37,496
|
32,822
|
Pool # CH9031, 3.50%, 10/20/2051
|
22,347
|
20,725
|
Pool # CI9257, 3.50%, 11/20/2051
|
26,670
|
24,733
|
Pool # CK1527, 3.50%, 12/20/2051
|
7,541
|
7,040
|
Pool # CK1600, 4.00%, 1/20/2052
|
16,731
|
15,953
|
Pool # CK7137, 4.00%, 1/20/2052
|
29,769
|
27,695
|
Pool # 786362, 3.00%, 2/20/2052
|
38,797
|
33,998
|
Pool # CL2553, 4.00%, 2/20/2052
|
19,791
|
18,412
|
Pool # CM2213, 3.00%, 3/20/2052
|
8,195
|
7,373
|
Pool # CL2574, 4.00%, 3/20/2052
|
12,382
|
11,520
|
Pool # CL2575, 4.00%, 3/20/2052
|
6,090
|
5,789
|
Pool # CM1194, 4.00%, 4/20/2052
|
14,740
|
13,713
|
Pool # MA8200, 4.00%, 8/20/2052
|
160,652
|
152,637
|
GNMA II, Other
|
|
|
Pool # AD0858, 3.75%, 9/20/2038
|
537
|
516
|
Pool # 4285, 6.00%, 11/20/2038
|
11
|
12
|
Pool # AD0862, 3.75%, 1/20/2039
|
946
|
898
|
Pool # 784879, 4.13%, 11/20/2069 (f)
|
13,832
|
12,985
|
Pool # 785137, 3.09%, 8/20/2070 (f)
|
17,894
|
15,762
|
Pool # 785183, 2.93%, 10/20/2070 (f)
|
34,416
|
30,390
|
Pool # 785863, 3.09%, 12/20/2071 (f)
|
12,338
|
10,806
|
Total Mortgage-Backed Securities
(Cost $7,995,145)
|
|
7,547,570
|
Asset-Backed Securities — 13.0%
|
||
Academic Loan Funding Trust Series 2013-1A, Class A, 5.94%, 12/26/2044 (b) (f)
|
1,460
|
1,400
|
ACC Frn Series 2019-AA, 0.25%, 6/15/2025 ‡
|
57,197
|
53,337
|
Accelerated Assets LLC Series 2018-1, Class A, 3.87%, 12/2/2033 (b)
|
5,083
|
4,884
|
ACHV ABS TRUST Series 2023-1PL, Class A, 6.42%, 3/18/2030 (b)
|
3,222
|
3,221
|
ACM Auto Trust Series 2023-1A, Class A, 6.61%, 1/22/2030 (b)
|
26,645
|
26,600
|
Air Canada Pass-Through Trust (Canada)
|
|
|
Series 2013-1, Class A, 4.13%, 5/15/2025 (b)
|
7,804
|
7,321
|
Series 2015-1, Class A, 3.60%, 3/15/2027 (b)
|
3,556
|
3,318
|
Series 2017-1, Class AA, 3.30%, 1/15/2030 (b)
|
6,621
|
5,849
|
Series 2017-1, Class A, 3.55%, 1/15/2030 (b)
|
6,381
|
5,433
|
American Airlines Pass-Through Trust
|
|
|
Series 2014-1, Class A, 3.70%, 10/1/2026
|
232
|
206
|
Series 2015-2, Class A, 4.00%, 9/22/2027
|
10,193
|
9,176
|
Series 2016-2, Class A, 3.65%, 6/15/2028
|
5,037
|
4,344
|
Series 2016-3, Class AA, 3.00%, 10/15/2028
|
8,157
|
7,200
|
Series 2017-2, Class A, 3.60%, 10/15/2029
|
8,147
|
6,892
|
Series 2021-1, Class B, 3.95%, 7/11/2030
|
11,537
|
10,092
|
American Credit Acceptance Receivables Trust
|
|
|
Series 2020-2, Class C, 3.88%, 4/13/2026 (b)
|
588
|
585
|
Series 2022-4, Class C, 7.86%, 2/15/2029 (b)
|
14,000
|
14,346
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
American Homes 4 Rent Trust
|
|
|
Series 2014-SFR2, Class A, 3.79%, 10/17/2036 (b)
|
10,577
|
10,262
|
Series 2014-SFR2, Class B, 4.29%, 10/17/2036 (b)
|
2,400
|
2,343
|
Series 2014-SFR2, Class D, 5.15%, 10/17/2036 (b)
|
8,100
|
7,948
|
Series 2014-SFR2, Class E, 6.23%, 10/17/2036 (b)
|
7,300
|
7,184
|
Series 2014-SFR3, Class A, 3.68%, 12/17/2036 (b)
|
8,422
|
8,160
|
Series 2014-SFR3, Class C, 4.60%, 12/17/2036 (b)
|
3,750
|
3,661
|
Series 2014-SFR3, Class E, 6.42%, 12/17/2036 (b)
|
16,970
|
16,784
|
Series 2015-SFR1, Class A, 3.47%, 4/17/2052 (b)
|
15,453
|
14,866
|
Series 2015-SFR1, Class E, 5.64%, 4/17/2052 (b)
|
7,420
|
7,276
|
Series 2015-SFR2, Class E, 6.07%, 10/17/2052 (b)
|
1,415
|
1,389
|
AMSR Trust
|
|
|
Series 2020-SFR1, Class E, 3.22%, 4/17/2037 (b)
|
40,100
|
37,282
|
Series 2020-SFR2, Class C, 2.53%, 7/17/2037 (b)
|
2,949
|
2,747
|
Series 2020-SFR2, Class D, 3.28%, 7/17/2037 (b)
|
15,495
|
14,443
|
Series 2020-SFR2, Class E1, 4.03%, 7/17/2037 (b)
|
12,912
|
12,154
|
Series 2020-SFR3, Class E2, 2.76%, 9/17/2037 (b)
|
9,600
|
8,742
|
Series 2020-SFR4, Class D, 2.01%, 11/17/2037 (b)
|
20,000
|
17,933
|
Series 2020-SFR4, Class E1, 2.21%, 11/17/2037 (b)
|
19,000
|
17,010
|
Series 2019-SFR1, Class E, 3.47%, 1/19/2039 (b)
|
7,800
|
6,998
|
Series 2022-SFR1, Class E1, 4.39%, 3/17/2039 (b)
|
28,018
|
25,246
|
Series 2022-SFR3, Class D, 4.00%, 10/17/2039 (b)
|
22,000
|
19,750
|
Series 2023-SFR1, Class D, 4.00%, 4/17/2040 (b)
|
22,082
|
19,737
|
Aqua Finance Trust
|
|
|
Series 2017-A, Class A, 3.72%, 11/15/2035 (b)
|
1,890
|
1,864
|
Series 2019-A, Class A, 3.14%, 7/16/2040 (b)
|
3,750
|
3,526
|
Series 2020-AA, Class B, 2.79%, 7/17/2046 (b)
|
2,750
|
2,404
|
Arm Master Trust LLC Agricultural Loan Backed Notes Series 2021-T1, Class A, 2.43%, 11/15/2027 ‡ (b)
|
31,250
|
29,249
|
Avis Budget Rental Car Funding AESOP LLC Series 2020-1A, Class A, 2.33%, 8/20/2026 (b)
|
24,040
|
22,463
|
Bridge Trust Series 2022-SFR1, Class D, 4.45%, 11/17/2037 (b)
|
17,966
|
16,749
|
British Airways Pass-Through Trust (United Kingdom)
|
|
|
Series 2018-1, Class AA, 3.80%, 9/20/2031 (b)
|
6,196
|
5,674
|
Series 2018-1, Class A, 4.13%, 9/20/2031 (b)
|
9,950
|
8,834
|
Series 2019-1, Class AA, 3.30%, 12/15/2032 (b)
|
8,366
|
7,212
|
Business Jet Securities LLC
|
|
|
Series 2020-1A, Class A, 2.98%, 11/15/2035 ‡ (b)
|
7,568
|
7,157
|
Series 2021-1A, Class A, 2.16%, 4/15/2036 ‡ (b)
|
32,294
|
29,711
|
Series 2021-1A, Class B, 2.92%, 4/15/2036 ‡ (b)
|
3,324
|
2,946
|
Series 2022-1A, Class A, 4.46%, 6/15/2037 ‡ (b)
|
68,652
|
65,877
|
Caerus Uinta Abs I LLC
|
|
|
Series 2023-1A, Class A1, 7.48%, 4/28/2040 ‡ (b)
|
19,104
|
19,286
|
Series 2023-1A, Class A2, 7.85%, 4/28/2040 ‡ (b)
|
28,656
|
29,183
|
Camillo Issuer LLC
|
|
|
Series 2016-SFR, Class 1-A-1, 5.00%, 12/5/2023 ‡
|
37,593
|
36,465
|
Series 2018-SFR1, Class A, 5.25%, 6/5/2028 ‡ (b)
|
40,654
|
39,536
|
Cars Net Lease Mortgage Notes Series 2020-1A, Class A3, 3.10%, 12/15/2050 (b)
|
12,211
|
10,486
|
CARS-DB4 LP
|
|
|
Series 2020-1A, Class A5, 3.48%, 2/15/2050 (b)
|
5,694
|
5,085
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
Series 2020-1A, Class A6, 3.81%, 2/15/2050 (b)
|
5,941
|
4,942
|
CART Series 2019-1-RR A, 3.25%, 10/15/2024 ‡
|
173
|
173
|
Cascade MH Asset Trust Series 2022-MH1, Class A, 4.25%, 8/25/2054 ‡ (b) (e)
|
38,507
|
34,120
|
CFIN Issuer LLC Series 2022-RTL1, Class AA, 3.25%, 2/16/2026 ‡ (b)
|
73,400
|
68,776
|
Chase Funding Trust
|
|
|
Series 2003-4, Class 1A5, 5.92%, 5/25/2033 (e)
|
608
|
580
|
Series 2003-6, Class 1A7, 5.28%, 11/25/2034 (e)
|
1,207
|
1,173
|
Series 2003-6, Class 1A5, 5.85%, 11/25/2034 (e)
|
708
|
696
|
Citibank Credit Card Issuance Trust Series 2007-A3, Class A3, 6.15%, 6/15/2039
|
950
|
1,055
|
Consumer Receivables Asset Investment Trust
|
|
|
Series 2021-1, Class A1X, 8.74%, 12/15/2024 (b) (f)
|
17,631
|
17,685
|
Series 2021-1, Class A1Y, 8.74%, 12/15/2024 (b) (f)
|
3,919
|
3,919
|
Continental Finance Credit Card ABS Master Trust Series 2022-A, Class A, 6.19%, 10/15/2030 (b)
|
60,885
|
58,999
|
COOF Securitization Trust Ltd. Series 2014-1, Class A, 3.31%, 6/25/2040 (b) (f)
|
2,388
|
125
|
CoreVest American Finance Trust
|
|
|
Series 2019-2, Class B, 3.42%, 6/15/2052 (b)
|
5,250
|
4,743
|
Series 2019-2, Class C, 3.68%, 6/15/2052 (b)
|
5,526
|
4,879
|
Series 2019-3, Class A, 2.71%, 10/15/2052 (b)
|
20,927
|
19,739
|
CPS Auto Receivables Trust Series 2022-D, Class C, 7.69%, 1/16/2029 (b)
|
10,000
|
10,255
|
Credit Acceptance Auto Loan Trust
|
|
|
Series 2020-3A, Class C, 2.28%, 2/15/2030 (b)
|
12,000
|
11,509
|
Series 2022-1A, Class C, 5.70%, 10/15/2032 (b)
|
43,105
|
41,989
|
Series 2022-3A, Class D, 9.00%, 4/18/2033 (b)
|
50,000
|
50,152
|
Series 2023-2A, Class A, 5.92%, 5/16/2033 (b)
|
42,250
|
42,238
|
Series 2023-1A, Class B, 7.02%, 5/16/2033 (b)
|
5,100
|
5,212
|
Series 2023-2A, Class B, 6.61%, 7/15/2033 (b)
|
33,379
|
33,370
|
Credito Real USA Auto Receivables Trust Series 2021-1A, Class A, 1.35%, 2/16/2027 (b)
|
2,884
|
2,839
|
Crown Castle Towers LLC, 4.24%, 7/15/2028 (b)
|
10,000
|
9,358
|
CVS Pass-Through Trust, 6.94%, 1/10/2030
|
740
|
767
|
CWABS, Inc. Asset-Backed Certificates
|
|
|
Series 2004-1, Class M1, 5.89%, 3/25/2034 (f)
|
49
|
48
|
Series 2004-1, Class M2, 5.96%, 3/25/2034 (f)
|
40
|
40
|
Series 2004-1, Class 3A, 5.70%, 4/25/2034 (f)
|
220
|
200
|
CWABS, Inc. Asset-Backed Certificates Trust Series 2004-6, Class M1, 6.04%, 10/25/2034 (f)
|
59
|
57
|
Diversified Abs Phase LLC Series VI, Class A, 7.50%, 11/28/2039 ‡
|
42,579
|
41,906
|
Drive Auto Receivables Trust Series 2019-4, Class D, 2.70%, 2/16/2027
|
7,594
|
7,498
|
DT Auto Owner Trust
|
|
|
Series 2020-3A, Class C, 1.47%, 6/15/2026 (b)
|
5,189
|
5,066
|
Series 2022-3A, Class C, 7.69%, 7/17/2028 (b)
|
15,250
|
15,702
|
Series 2022-3A, Class D, 8.14%, 7/17/2028 (b)
|
46,500
|
48,486
|
Series 2023-1A, Class D, 6.44%, 11/15/2028 (b)
|
15,550
|
15,503
|
Series 2023-2A, Class D, 6.62%, 2/15/2029 (b)
|
9,358
|
9,337
|
Elara HGV Timeshare Issuer LLC
|
|
|
Series 2017-A, Class B, 2.96%, 3/25/2030 (b)
|
1,444
|
1,396
|
Series 2017-A, Class C, 3.31%, 3/25/2030 (b)
|
974
|
939
|
Exeter Automobile Receivables Trust
|
|
|
Series 2019-1A, Class D, 4.13%, 12/16/2024 (b)
|
755
|
753
|
Series 2019-3A, Class D, 3.11%, 8/15/2025 (b)
|
7,958
|
7,864
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
Series 2020-1A, Class D, 2.73%, 12/15/2025 (b)
|
15,549
|
15,189
|
Series 2022-5A, Class C, 6.51%, 12/15/2027
|
8,600
|
8,675
|
Series 2023-2A, Class C, 5.75%, 7/17/2028
|
22,895
|
22,765
|
Series 2022-3A, Class D, 6.76%, 9/15/2028
|
39,700
|
39,844
|
Series 2022-5A, Class D, 7.40%, 2/15/2029
|
12,600
|
12,739
|
Series 2022-6A, Class D, 8.03%, 4/6/2029
|
13,806
|
14,416
|
Series 2023-1A, Class D, 6.69%, 6/15/2029
|
8,805
|
8,877
|
FHF Trust
|
|
|
Series 2021-1A, Class A, 1.27%, 3/15/2027 (b)
|
4,975
|
4,777
|
Series 2022-2A, Class A, 6.14%, 12/15/2027 (b)
|
32,340
|
31,878
|
Series 2023-1A, Class A2, 6.57%, 6/15/2028 (b)
|
22,316
|
22,230
|
FirstKey Homes Trust
|
|
|
Series 2020-SFR1, Class D, 2.24%, 8/17/2037 (b)
|
6,450
|
5,858
|
Series 2020-SFR1, Class E, 2.79%, 8/17/2037 (b)
|
11,250
|
10,290
|
Series 2020-SFR2, Class E, 2.67%, 10/19/2037 (b)
|
57,000
|
51,997
|
Series 2022-SFR3, Class D, 3.50%, 7/17/2038 (b)
|
7,187
|
6,530
|
Series 2021-SFR1, Class D, 2.19%, 8/17/2038 (b)
|
14,400
|
12,429
|
Series 2021-SFR1, Class E1, 2.39%, 8/17/2038 (b)
|
12,500
|
10,652
|
Series 2022-SFR1, Class E1, 5.00%, 5/17/2039 (b)
|
36,486
|
34,077
|
Series 2022-SFR2, Class E1, 4.50%, 7/17/2039 (b)
|
50,000
|
44,160
|
Flagship Credit Auto Trust Series 2022-4, Class D, 8.86%, 10/16/2028 (b)
|
11,330
|
12,070
|
FMC GMSR Issuer Trust
|
|
|
Series 2021-SAT1, 3.65%, 2/25/2024 (b) (f)
|
116,200
|
110,390
|
Series 2020-GT1, Class A, 4.45%, 1/25/2026 (b) (f)
|
56,650
|
51,139
|
Series 2021-GT1, Class A, 3.62%, 7/25/2026 (b) (f)
|
43,050
|
37,096
|
Series 2021-GT2, Class A, 3.85%, 10/25/2026 (b) (f)
|
51,910
|
44,706
|
Series 2022-GT1, Class A, 6.19%, 4/25/2027 (b)
|
65,000
|
60,701
|
Series 2022-GT2, Class A, 7.90%, 7/25/2027 (b)
|
40,000
|
39,351
|
FNMA, Grantor Trust Series 2017-T1, Class A, 2.90%, 6/25/2027
|
86,190
|
80,599
|
Foundation Finance Trust
|
|
|
Series 2019-1A, Class A, 3.86%, 11/15/2034 (b)
|
3,940
|
3,872
|
Series 2019-1A, Class C, 5.66%, 11/15/2034 ‡ (b)
|
18,930
|
18,219
|
Series 2020-1A, Class A, 3.54%, 7/16/2040 (b)
|
17,184
|
16,517
|
Foursight Capital Automobile Receivables Trust Series 2021-1, Class D, 1.32%, 3/15/2027 (b)
|
900
|
846
|
FREED ABS Trust
|
|
|
Series 2022-3FP, Class A, 4.50%, 8/20/2029 (b)
|
326
|
326
|
Series 2022-3FP, Class C, 7.05%, 8/20/2029 (b)
|
8,000
|
7,982
|
Series 2022-4FP, Class B, 7.58%, 12/18/2029 (b)
|
24,000
|
24,089
|
Series 2022-4FP, Class C, 8.59%, 12/18/2029 (b)
|
14,500
|
14,808
|
Freedom Frn Series 2021-SAVF1, 4.90%, 3/22/2024 ‡ (f)
|
30,476
|
29,698
|
GE Capital Mortgage Services, Inc. Trust Series 1999-HE1, Class M, 6.71%, 4/25/2029 (f)
|
76
|
63
|
GLS Auto Receivables Issuer Trust
|
|
|
Series 2022-2A, Class C, 5.30%, 4/17/2028 (b)
|
15,905
|
15,681
|
Series 2022-2A, Class D, 6.15%, 4/17/2028 (b)
|
19,357
|
19,241
|
Gold Key Resorts LLC Series 2014-A, Class A, 3.22%, 3/17/2031 (b)
|
118
|
117
|
Goodgreen
|
|
|
Series 2019-2A, Class A, 2.76%, 4/15/2055 ‡ (b)
|
20,567
|
17,196
|
Series 2023-1A, 5.90%, 1/17/2061 ‡ (b)
|
55,192
|
52,416
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
Goodgreen Trust
|
|
|
Series 2016-1A, Class A, 3.23%, 10/15/2052 ‡ (b)
|
8,807
|
7,823
|
Series 2017-1A, Class A, 3.74%, 10/15/2052 ‡ (b)
|
2,599
|
2,308
|
Series 2017-2A, Class A, 3.26%, 10/15/2053 ‡ (b)
|
12,205
|
10,748
|
Harvest SBA Loan Trust Series 2021-1, Class A, 7.14%, 4/25/2048 ‡ (b) (f)
|
4,419
|
4,345
|
HERO Funding (Cayman Islands)
|
|
|
Series 2017-3A, Class A2, 3.95%, 9/20/2048 ‡ (b)
|
8,549
|
7,637
|
Series 2018-1A, Class A2, 4.67%, 9/20/2048 ‡ (b)
|
10,800
|
9,942
|
HERO Funding II (Cayman Islands)
|
|
|
3.75%, 9/21/2044 ‡
|
3,949
|
3,497
|
Series 2016-4B, Class B, 4.99%, 9/20/2047 ‡ (b)
|
860
|
827
|
HERO Funding Trust
|
|
|
Series 2016-3A, Class A1, 3.08%, 9/20/2042 ‡ (b)
|
3,130
|
2,773
|
Series 2016-4A, Class A1, 3.57%, 9/20/2047 ‡ (b)
|
943
|
847
|
Series 2016-4A, Class A2, 4.29%, 9/20/2047 ‡ (b)
|
1,964
|
1,803
|
Series 2017-1A, Class A2, 4.46%, 9/20/2047 ‡ (b)
|
6,966
|
6,351
|
Hilton Grand Vacations Trust
|
|
|
Series 2017-AA, Class A, 2.66%, 12/26/2028 (b)
|
570
|
561
|
Series 2020-AA, Class A, 2.74%, 2/25/2039 (b)
|
6,468
|
6,066
|
HINNT LLC Series 2022-A, Class C, 5.58%, 5/15/2041 (b)
|
11,429
|
11,090
|
Home Partners of America Trust
|
|
|
Series 2021-2, Class E1, 2.85%, 12/17/2026 (b)
|
39,506
|
32,878
|
Series 2021-2, Class E2, 2.95%, 12/17/2026 (b)
|
9,415
|
7,755
|
Series 2021-3, Class D, 3.00%, 1/17/2041 (b)
|
41,849
|
35,177
|
Hyundai Auto Lease Securitization Trust Series 2023-A, Class A4, 4.94%, 11/16/2026 (b)
|
13,250
|
13,180
|
INVH Mezzanin Frn Series 2021-SFR1, 2.50%, 1/25/2024 ‡
|
35,000
|
34,650
|
JetBlue Pass-Through Trust
|
|
|
Series 2019-1, Class B, 8.00%, 11/15/2027
|
1,998
|
2,000
|
Series 2020-1, Class B, 7.75%, 11/15/2028
|
4,435
|
4,450
|
Jonah, 7.80%, 11/10/2037 ‡ (b)
|
41,716
|
41,066
|
Jonah Energy Abs I LLC Series 2022-1, Class A1, 7.20%, 12/10/2037 ‡ (b)
|
33,656
|
33,293
|
KGS-Alpha SBA COOF Trust
|
|
|
Series 2012-3, Class A, IO, 0.00%, 9/25/2026 (b) (f)
|
207
|
—
|
Series 2014-1, Class A, IO, 1.63%, 10/25/2032 (b) (f)
|
7,568
|
237
|
Series 2012-4, Class A, IO, 0.75%, 9/25/2037 (b) (f)
|
13,209
|
280
|
Series 2012-2, Class A, IO, 0.87%, 8/25/2038 (b) (f)
|
8,894
|
164
|
Series 2013-2, Class A, IO, 1.89%, 3/25/2039 (b) (f)
|
8,181
|
280
|
Series 2012-6, Class A, IO, 0.57%, 5/25/2039 (b) (f)
|
7,861
|
95
|
Series 2014-2, Class A, IO, 3.74%, 4/25/2040 (b) (f)
|
1,985
|
101
|
Series 2015-2, Class A, IO, 3.02%, 7/25/2041 (b) (f)
|
2,266
|
234
|
Lendingpoint Asset Securitization Trust Series 2022-C, Class C, 8.68%, 2/15/2030 (b)
|
5,400
|
5,257
|
LendingPoint Asset Securitization Trust Series 2020-REV1, Class B, 4.49%, 10/15/2028 (b)
|
32,938
|
32,322
|
Lendingpoint SPE Trust
|
|
|
Series 2020-VFN1, Class A1B, 9.36%, 12/15/2026 ‡ (b) (f)
|
14,632
|
14,580
|
Series 2020-VFN1, Class A2B1, 9.36%, 12/15/2026 ‡ (b) (f)
|
5,297
|
5,289
|
Lendmark Funding Trust
|
|
|
Series 2021-2A, Class C, 3.09%, 4/20/2032 (b)
|
9,780
|
7,863
|
Series 2022-1A, Class D, 8.16%, 7/20/2032 (b)
|
27,660
|
26,959
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
LFT CRE Ltd. Series 2021-FL1, Class C, 7.06%, 6/15/2039 (b) (f)
|
29,810
|
26,921
|
LMREC LLC Series 2021-CRE4, Class A, 6.18%, 4/22/2037 (b) (f)
|
8,551
|
8,389
|
Long Beach Mortgage Loan Trust
|
|
|
Series 2004-1, Class M1, 5.89%, 2/25/2034 (f)
|
597
|
571
|
Series 2004-3, Class M1, 5.99%, 7/25/2034 (f)
|
229
|
219
|
LP LMS Asset Securitization Trust
|
|
|
3.23%, 10/15/2028 ‡
|
5,530
|
5,501
|
Series 2023-1A, Class A, 8.18%, 10/17/2033 ‡ (b)
|
30,873
|
30,995
|
Mariner Finance Issuance Trust
|
|
|
Series 2019-AA, Class A, 2.96%, 7/20/2032 (b)
|
7,401
|
7,330
|
Series 2021-BA, Class D, 3.42%, 11/20/2036 (b)
|
11,935
|
9,833
|
Series 2022-AA, Class B, 7.20%, 10/20/2037 (b)
|
17,850
|
17,925
|
Marlette Funding Trust
|
|
|
Series 2022-2A, Class B, 5.50%, 8/15/2032 (b)
|
13,500
|
13,323
|
Series 2023-1A, Class B, 6.50%, 4/15/2033 (b)
|
10,764
|
10,759
|
Series 2023-2A, Class B, 6.54%, 6/15/2033 (b)
|
18,255
|
18,202
|
Mercury Financial Credit Card Master Trust Series 2023-1A, Class A, 8.04%, 9/20/2027 (b)
|
47,500
|
47,449
|
Mid-State Capital Corp. Trust Series 2006-1, Class M1, 6.08%, 10/15/2040 (b)
|
3,369
|
3,291
|
MVW Owner Trust Series 2019-1A, Class A, 2.89%, 11/20/2036 (b)
|
4,588
|
4,337
|
New Century Home Equity Loan Trust Series 2003-5, Class AI6, 6.00%, 11/25/2033 (e)
|
782
|
741
|
NRZ Excess Spread-Collateralized Notes
|
|
|
Series 2020-PLS1, Class A, 3.84%, 12/25/2025 (b)
|
20,257
|
18,757
|
Series 2021-FNT2, Class A, 3.23%, 5/25/2026 (b)
|
32,433
|
29,128
|
Series 2021-GNT1, Class A, 3.47%, 11/25/2026 (b)
|
43,908
|
39,809
|
Octane Receivables Trust
|
|
|
Series 2022-1A, Class C, 5.21%, 8/21/2028 (b)
|
4,908
|
4,777
|
Series 2022-1A, Class D, 5.54%, 2/20/2029 (b)
|
4,235
|
4,018
|
Series 2023-1A, Class C, 6.37%, 9/20/2029 (b)
|
3,400
|
3,384
|
Series 2023-1A, Class D, 7.76%, 3/20/2030 (b)
|
10,792
|
10,881
|
Oklahoma Development Finance Authority, Natural Gas Co. Series 2022, Class A3, 4.71%, 5/1/2052
|
11,680
|
11,245
|
OL SP LLC
|
|
|
Series 2018, Class A, 4.16%, 2/9/2030 ‡
|
1,113
|
1,111
|
Series 2018, Class B, 4.61%, 2/9/2030 ‡
|
348
|
347
|
Oportun Funding XIII LLC Series 2019-A, Class A, 3.08%, 8/8/2025 (b)
|
21,115
|
20,703
|
Oportun Funding XIV LLC Series 2021-A, Class A, 1.21%, 3/8/2028 (b)
|
17,704
|
16,876
|
Oportun Issuance Trust
|
|
|
Series 2022-2, Class A, 5.94%, 10/9/2029 (b)
|
24,016
|
23,889
|
Series 2021-B, Class A, 1.47%, 5/8/2031 (b)
|
38,800
|
35,215
|
Series 2022-A, Class A, 5.05%, 6/9/2031 (b)
|
26,300
|
25,538
|
Series 2022-A, Class B, 5.25%, 6/9/2031 (b)
|
13,299
|
12,418
|
Series 2021-C, Class A, 2.18%, 10/8/2031 (b)
|
8,000
|
7,250
|
Orange Lake Timeshare Trust Series 2019-A, Class B, 3.36%, 4/9/2038 (b)
|
4,024
|
3,836
|
Pendoor Proper, Zero Coupon, 2/15/2026 ‡ (b)
|
68,650
|
64,531
|
PNMAC GMSR ISSUER TRUST Series 2022-GT1, Class A, 9.22%, 5/25/2027 (b) (f)
|
60,745
|
60,789
|
Prestige Auto Receivables Trust
|
|
|
Series 2022-1A, Class B, 6.55%, 7/17/2028 (b)
|
8,700
|
8,756
|
Series 2022-1A, Class C, 7.09%, 8/15/2028 (b)
|
5,800
|
5,864
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
PRET LLC
|
|
|
Series 2021-NPL6, Class A1, 2.49%, 7/25/2051 (b) (e)
|
19,170
|
17,878
|
Series 2021-RN4, Class A1, 2.49%, 10/25/2051 (b) (f)
|
36,243
|
33,455
|
Pretium Mortgage Credit Partners I LLC
|
|
|
Series 2021-NPL2, Class A1, 1.99%, 6/27/2060 (b) (e)
|
19,539
|
18,078
|
Series 2021-NPL1, Class A1, 2.24%, 9/27/2060 (b) (e)
|
39,372
|
37,344
|
Series 2021-NPL4, Class A1, 2.36%, 10/27/2060 (b) (e)
|
23,009
|
21,527
|
Progress Residential Trust
|
|
|
Series 2020-SFRMEZZ, 6.38%, 10/16/2025 ‡
|
45,000
|
43,043
|
Series 2022-SFR2, Class E1, 4.55%, 4/17/2027 (b)
|
55,300
|
50,473
|
Series 2020-SFR2, Class A, 2.08%, 6/17/2037 (b)
|
27,421
|
25,631
|
Series 2021-SFR2, Class E1, 2.55%, 4/19/2038 (b)
|
16,700
|
14,652
|
Series 2021-SFR8, Class A, 1.51%, 10/17/2038 (b)
|
7,559
|
6,607
|
Series 2021-SFR8, Class E1, 2.38%, 10/17/2038 (b)
|
47,000
|
40,064
|
Series 2021-SFR11, Class D, 3.13%, 1/17/2039 (b)
|
11,560
|
9,712
|
Series 2021-SFR11, Class E1, 3.38%, 1/17/2039 (b)
|
23,735
|
19,743
|
Series 2022-SFR3, Class E1, 5.20%, 4/17/2039 (b)
|
50,390
|
46,299
|
Series 2022-SFR1, Class C, 3.46%, 2/17/2041 (b)
|
14,649
|
12,757
|
Series 2022-SFR1, Class D, 3.65%, 2/17/2041 (b)
|
21,816
|
18,827
|
Purewest Funding II LLC Series 2022-1, Class A1, 5.81%, 12/5/2037 ‡ (b)
|
37,541
|
36,474
|
ReadyCap Lending Small Business Loan Trust Series 2019-2, Class A, 7.75%, 12/27/2044 (b) (f)
|
7,890
|
7,549
|
Regional Management Issuance Trust
|
|
|
Series 2020-1, Class A, 2.34%, 10/15/2030 (b)
|
16,100
|
15,432
|
Series 2022-2B, Class B, 8.51%, 11/17/2032 (b)
|
17,183
|
17,496
|
Renaissance Home Equity Loan Trust Series 2007-2, Class AF2, 5.68%, 6/25/2037 (e)
|
96
|
27
|
Renew (Cayman Islands) Series 2017-1A, Class A, 3.67%, 9/20/2052 ‡ (b)
|
3,353
|
2,939
|
RMIP Series 2019-1B, Zero Coupon, 8/25/2023 ‡
|
6,477
|
6,370
|
Santander Drive Auto Receivables Trust
|
|
|
Series 2023-2, Class B, 5.24%, 5/15/2028
|
38,000
|
37,808
|
Series 2023-2, Class C, 5.47%, 12/16/2030
|
20,100
|
20,005
|
Series 2022-7, Class C, 6.69%, 3/17/2031
|
13,325
|
13,731
|
SART
|
|
|
Series 2018-1, 4.76%, 6/15/2025 ‡
|
8,547
|
8,449
|
Series 2A, 2.74%, 4/15/2026 ‡
|
805
|
802
|
Series 3, 2.50%, 7/15/2027 ‡
|
1,857
|
1,841
|
SART CRR Series 4A, 2.51%, 10/15/2024 ‡
|
2,119
|
2,024
|
SCF Equipment Leasing LLC
|
|
|
Series 2022-1A, Class D, 3.79%, 11/20/2031 (b)
|
11,735
|
10,498
|
Series 2022-2A, Class B, 6.50%, 2/20/2032 (b)
|
15,677
|
15,847
|
Series 2022-2A, Class D, 6.50%, 10/20/2032 (b)
|
19,930
|
19,181
|
Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2, 5.74%, 1/25/2036 (e)
|
378
|
302
|
Sierra Timeshare Receivables Funding LLC
|
|
|
Series 2020-2A, Class C, 3.51%, 7/20/2037 (b)
|
3,231
|
3,053
|
Series 2022-1A, Class C, 3.94%, 10/20/2038 (b)
|
3,951
|
3,687
|
Series 2023-1A, Class B, 5.83%, 1/20/2040 (b)
|
14,315
|
14,255
|
Series 2023-1A, Class C, 7.00%, 1/20/2040 (b)
|
7,850
|
7,850
|
Spirit Airlines Pass-Through Trust Series 2017-1, Class AA, 3.38%, 2/15/2030
|
3,152
|
2,793
|
Stanwich Mortgage Loan Co. LLC Series 2021-NPB1, Class A1, 2.73%, 10/16/2026 (b) (e)
|
21,626
|
19,711
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
Structured Asset Securities Corp. Mortgage Pass-Through Certificates
|
|
|
Series 2004-6XS, Class A5A, 6.03%, 3/25/2034 (e)
|
78
|
77
|
Series 2004-6XS, Class A5B, 6.05%, 3/25/2034 (e)
|
62
|
62
|
Structured Asset Securities Corp. Pass-Through Certificates
|
|
|
Series 2002-AL1, Class A2, 3.45%, 2/25/2032
|
30
|
27
|
Series 2002-AL1, Class A3, 3.45%, 2/25/2032
|
171
|
88
|
Terra ABS I LLC
|
|
|
Series 2022-1A, Class A1, 8.15%, 12/22/2042 ‡ (b)
|
31,173
|
31,875
|
Series 2022-1A, Class A2, 8.18%, 12/22/2042 ‡ (b)
|
28,325
|
29,342
|
Tricolor Auto Securitization Trust
|
|
|
Series 2022-1A, Class B, 4.34%, 5/15/2025 (b)
|
3,367
|
3,314
|
Series 2022-1A, Class C, 4.71%, 8/15/2025 (b)
|
3,495
|
3,430
|
Series 2022-1A, Class D, 5.38%, 1/15/2026 (b)
|
6,285
|
6,078
|
Tricon American Homes Trust
|
|
|
Series 2019-SFR1, Class D, 3.20%, 3/17/2038 (b)
|
4,641
|
4,305
|
Series 2019-SFR1, Class E, 3.40%, 3/17/2038 (b)
|
11,000
|
10,005
|
United Airlines Pass-Through Trust
|
|
|
Series 2012-1, Class A, 4.15%, 4/11/2024
|
1,584
|
1,551
|
Series 2013-1, Class A, 4.30%, 8/15/2025
|
14,945
|
14,299
|
Series 2016-2, Class B, 3.65%, 10/7/2025
|
15,114
|
14,093
|
Series 2016-1, Class B, 3.65%, 1/7/2026
|
1,720
|
1,594
|
Series 2018-1, Class B, 4.60%, 3/1/2026
|
14,363
|
13,566
|
Series 2014-1, Class A, 4.00%, 4/11/2026
|
4,408
|
4,186
|
Series 2014-2, Class A, 3.75%, 9/3/2026
|
8,239
|
7,693
|
Series 2019-2, Class B, 3.50%, 5/1/2028
|
7,968
|
7,252
|
Series 2016-1, Class AA, 3.10%, 7/7/2028
|
2,058
|
1,856
|
Series 2016-1, Class A, 3.45%, 7/7/2028
|
19,519
|
16,921
|
Series 2016-2, Class AA, 2.88%, 10/7/2028
|
1,277
|
1,128
|
Series 2016-2, Class A, 3.10%, 10/7/2028
|
14,810
|
12,726
|
Series 2018-1, Class AA, 3.50%, 3/1/2030
|
16,001
|
14,420
|
Series 2018-1, Class A, 3.70%, 3/1/2030
|
1,992
|
1,738
|
Series 2019-1, Class AA, 4.15%, 8/25/2031
|
12,620
|
11,646
|
Series 2019-1, Class A, 4.55%, 8/25/2031
|
11,416
|
10,309
|
Series 2019-2, Class AA, 2.70%, 5/1/2032
|
6,443
|
5,452
|
United Auto Credit Securitization Trust
|
|
|
Series 2022-2, Class B, 5.41%, 12/10/2025 (b)
|
4,500
|
4,453
|
Series 2022-2, Class C, 5.81%, 5/10/2027 (b)
|
1,927
|
1,906
|
Series 2023-1, Class C, 6.28%, 7/10/2028 (b)
|
8,000
|
7,941
|
UOG ABS Issuer I LLC Series 2023-1, Class A1, 8.35%, 6/5/2040 ‡ (b)
|
40,000
|
40,000
|
Upstart Pass-Through Trust Series 2021-ST2, Class A, 2.50%, 4/20/2027 (b)
|
2,587
|
2,482
|
Upstart Structured Pass-Through Trust Series 2022-4A, Class A, 7.01%, 11/15/2030 (b)
|
18,129
|
18,069
|
US Auto Funding Trust Series 2022-1A, Class C, 6.21%, 9/15/2026 (b)
|
40,434
|
28,822
|
VCAT LLC
|
|
|
Series 2021-NPL2, Class A1, 2.12%, 3/27/2051 (b) (e)
|
21,011
|
19,902
|
Series 2021-NPL5, Class A1, 1.87%, 8/25/2051 (b) (e)
|
13,077
|
11,900
|
vMobo, Inc., 7.46%, 7/18/2027 ‡
|
110,582
|
110,040
|
VOLT C LLC Series 2021-NPL9, Class A1, 1.99%, 5/25/2051 (b) (e)
|
7,149
|
6,573
|
VOLT CVI LLC Series 2021-NP12, Class A1, 2.73%, 12/26/2051 (b) (e)
|
10,436
|
9,570
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Asset-Backed Securities — continued
|
||
VOLT XCII LLC Series 2021-NPL1, Class A1, 1.89%, 2/27/2051 (b) (e)
|
37,075
|
33,712
|
VOLT XCIV LLC Series 2021-NPL3, Class A1, 2.24%, 2/27/2051 (b) (e)
|
44,797
|
41,529
|
VOLT XCIX LLC Series 2021-NPL8, Class A1, 2.12%, 4/25/2051 (b) (e)
|
38,247
|
34,977
|
VOLT XCV LLC Series 2021-NPL4, Class A1, 2.24%, 3/27/2051 (b) (e)
|
15,086
|
14,162
|
VOLT XCVI LLC Series 2021-NPL5, Class A1, 2.12%, 3/27/2051 (b) (e)
|
54,022
|
50,979
|
VOLT XCVII LLC Series 2021-NPL6, Class A1, 2.24%, 4/25/2051 (b) (e)
|
41,375
|
38,050
|
Welk Resorts LLC Series 2019-AA, Class C, 3.34%, 6/15/2038 (b)
|
3,063
|
2,936
|
Westgate Resorts LLC
|
|
|
Series 2020-1A, Class B, 3.96%, 3/20/2034 (b)
|
11,059
|
10,810
|
Series 2023-1A, Class A, 5.84%, 12/20/2037 ‡ (b)
|
22,000
|
21,917
|
Westlake Automobile Receivables Trust
|
|
|
Series 2021-3A, Class D, 2.12%, 1/15/2027 (b)
|
42,655
|
39,444
|
Series 2022-3A, Class D, 6.68%, 4/17/2028 (b)
|
70,490
|
70,808
|
Series 2023-2A, Class D, 7.01%, 11/15/2028 (b)
|
18,890
|
19,078
|
WH Master Fund Frn, 9.65%, 11/15/2024 ‡ (b)
|
30,410
|
30,106
|
WILMA, 7.95%, 3/27/2029 ‡
|
33,804
|
33,635
|
Total Asset-Backed Securities
(Cost $5,204,308)
|
|
4,975,104
|
Commercial Mortgage-Backed Securities — 6.2%
|
||
20 Times Square Trust
|
|
|
Series 2018-20TS, Class D, 3.10%, 5/15/2035 (b) (f)
|
21,000
|
16,800
|
Series 2018-20TS, Class E, 3.10%, 5/15/2035 (b) (f)
|
13,399
|
10,123
|
ACR Series TL-2021A3.75%, 11/15/2026 ‡ (b)
|
37,000
|
32,930
|
BAMLL Commercial Mortgage Securities Trust
|
|
|
Series 2015-200P, Class D, 3.60%, 4/14/2033 (b) (f)
|
5,875
|
5,205
|
Series 2014-520M, Class C, 4.21%, 8/15/2046 (b) (f)
|
7,700
|
5,381
|
BAMLL Re-REMIC Trust Series 2014-FRR5, Class AK30, PO, 6/27/2045 ‡ (b)
|
1,316
|
1,310
|
BB-UBS Trust Series 2012-SHOW, Class A, 3.43%, 11/5/2036 (b)
|
46,923
|
43,859
|
Bear Stearns Commercial Mortgage Securities Trust Series 2007-T26, Class X1, IO, 0.95%, 1/12/2045 (b) (f)
|
464
|
—
|
BXP Trust Series 2017-GM, Class A, 3.38%, 6/13/2039 (b)
|
5,817
|
5,242
|
Cascade Funding Mortgage Trust
|
|
|
Series 2021-FRR1, Class AK45, 1.65%, 2/28/2025 (b) (f)
|
13,760
|
12,626
|
Series 2021-FRR1, Class BKW1, 1.64%, 1/29/2026 (b) (f)
|
14,340
|
12,262
|
Series 2021-FRR1, Class AKW1, 1.94%, 1/29/2026 (b) (f)
|
16,010
|
14,282
|
Series 2021-FRR1, Class AK54, 1.86%, 2/28/2026 (b) (f)
|
14,570
|
12,987
|
Series 2021-FRR1, Class AK98, 0.00%, 8/29/2029 (b)
|
22,370
|
15,761
|
Series 2021-FRR1, Class AK58, 2.33%, 9/29/2029 (b) (f)
|
28,730
|
25,441
|
CD Mortgage Trust Series 2006-CD3, Class XS, IO, 0.18%, 10/15/2048 ‡ (b) (f)
|
720
|
2
|
Commercial Mortgage Trust
|
|
|
Series 2013-300P, Class A1, 4.35%, 8/10/2030 (b)
|
4,484
|
4,080
|
Series 2018-HOME, Class A, 3.82%, 4/10/2033 (b) (f)
|
53,745
|
48,895
|
Series 2020-CBM, Class A2, 2.90%, 2/10/2037 (b)
|
7,550
|
7,075
|
Series 2020-CBM, Class B, 3.10%, 2/10/2037 (b)
|
14,250
|
13,186
|
Series 2014-CR19, Class A5, 3.80%, 8/10/2047
|
13,800
|
13,398
|
Series 2015-CR24, Class A5, 3.70%, 8/10/2048
|
9,250
|
8,852
|
Series 2015-CR25, Class A4, 3.76%, 8/10/2048
|
17,593
|
16,800
|
Credit Suisse Commercial Mortgage Trust Series 2007-C2, Class AX, IO, 0.01%, 1/15/2049 (b) (f)
|
15,593
|
—
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Commercial Mortgage-Backed Securities — continued
|
||
CSMC OA LLC
|
|
|
Series 2014-USA, Class A2, 3.95%, 9/15/2037 (b)
|
2,600
|
2,230
|
Series 2014-USA, Class D, 4.37%, 9/15/2037 (b)
|
16,830
|
12,116
|
DBWF Mortgage Trust Series 2015-LCM, Class A2, 3.42%, 6/10/2034 (b) (f)
|
4,000
|
3,586
|
FHLMC, Multi-Family Structured Pass-Through Certificates
|
|
|
Series KLU2, Class A7, 2.23%, 9/25/2025 (f)
|
13,313
|
12,493
|
Series KJ17, Class A2, 2.98%, 11/25/2025
|
15,559
|
15,017
|
Series K737, Class AM, 2.10%, 10/25/2026
|
24,520
|
22,685
|
Series K061, Class AM, 3.44%, 11/25/2026 (f)
|
20,000
|
19,335
|
Series K065, Class AM, 3.33%, 5/25/2027
|
11,657
|
11,168
|
Series K066, Class A2, 3.12%, 6/25/2027
|
8,171
|
7,807
|
Series K070, Class A2, 3.30%, 11/25/2027 (f)
|
17,323
|
16,633
|
Series K072, Class A2, 3.44%, 12/25/2027
|
14,689
|
14,166
|
Series K072, Class AM, 3.50%, 12/25/2027 (f)
|
19,000
|
18,291
|
Series W5FX, Class AFX, 3.21%, 4/25/2028 (f)
|
21,769
|
20,523
|
Series K081, Class A2, 3.90%, 8/25/2028 (f)
|
13,531
|
13,299
|
Series K082, Class AM, 3.92%, 9/25/2028 (f)
|
12,035
|
11,783
|
Series K087, Class A2, 3.77%, 12/25/2028
|
4,150
|
4,050
|
Series K088, Class A2, 3.69%, 1/25/2029
|
355
|
345
|
Series K115, Class XAM, IO, 1.55%, 7/25/2030 (f)
|
44,581
|
4,037
|
Series K118, Class XAM, IO, 1.17%, 9/25/2030 (f)
|
21,865
|
1,545
|
Series K137, Class AM, 1.98%, 12/25/2031 (f)
|
29,800
|
24,591
|
Series K138, Class AM, 1.89%, 1/25/2032
|
22,150
|
18,064
|
Series K142, Class A2, 2.40%, 3/25/2032
|
58,400
|
50,089
|
Series K145, Class A2, 2.58%, 5/25/2032
|
40,795
|
35,430
|
Series K146, Class A2, 2.92%, 6/25/2032
|
27,100
|
24,198
|
Series K-150, Class AM, 3.52%, 9/25/2032 (f)
|
25,000
|
23,267
|
Series K-150, Class A2, 3.71%, 9/25/2032 (f)
|
50,460
|
47,954
|
Series K-151, Class A2, 3.80%, 10/25/2032 (f)
|
100,650
|
96,297
|
Series K-153, Class A2, 3.82%, 12/25/2032 (f)
|
75,000
|
71,803
|
Series K-1515, Class A2, 1.94%, 2/25/2035
|
22,000
|
17,046
|
Series Q013, Class APT2, 1.17%, 5/25/2050 (f)
|
14,378
|
12,821
|
Series K146, Class AM, 2.92%, 6/25/2054
|
27,000
|
23,876
|
Series K145, Class AM, 2.58%, 6/25/2055
|
42,900
|
36,995
|
FNMA ACES
|
|
|
Series 2014-M2, Class A2, 3.51%, 12/25/2023 (f)
|
4,781
|
4,713
|
Series 2014-M3, Class A2, 3.50%, 1/25/2024 (f)
|
3,740
|
3,677
|
Series 2014-M13, Class A2, 3.02%, 8/25/2024 (f)
|
5,546
|
5,379
|
Series 2015-M1, Class A2, 2.53%, 9/25/2024
|
7,992
|
7,698
|
Series 2015-M7, Class A2, 2.59%, 12/25/2024
|
4,628
|
4,441
|
Series 2015-M2, Class A3, 3.01%, 12/25/2024 (f)
|
8,287
|
8,010
|
Series 2015-M8, Class A2, 2.90%, 1/25/2025 (f)
|
8,625
|
8,276
|
Series 2016-M1, Class A2, 2.94%, 1/25/2026 (f)
|
38,520
|
36,962
|
Series 2016-M11, Class A2, 2.37%, 7/25/2026 (f)
|
92,013
|
85,659
|
Series 2017-M3, Class A2, 2.47%, 12/25/2026 (f)
|
8,204
|
7,610
|
Series 2015-M10, Class A2, 3.09%, 4/25/2027 (f)
|
39,416
|
37,533
|
Series 2017-M8, Class A2, 3.06%, 5/25/2027 (f)
|
27,968
|
26,572
|
Series 2017-M12, Class A2, 3.06%, 6/25/2027 (f)
|
29,549
|
27,828
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Commercial Mortgage-Backed Securities — continued
|
||
Series 2017-M15, Class A2, 2.96%, 9/25/2027 (f)
|
9,271
|
8,766
|
Series 2018-M2, Class A2, 2.91%, 1/25/2028 (f)
|
20,865
|
19,505
|
Series 2018-M4, Class A2, 3.06%, 3/25/2028 (f)
|
19,672
|
18,587
|
Series 2018-M9, Class APT2, 3.11%, 4/25/2028 (f)
|
80,787
|
76,314
|
Series 2018-M8, Class A2, 3.30%, 6/25/2028 (f)
|
31,999
|
30,714
|
Series 2018-M10, Class A2, 3.36%, 7/25/2028 (f)
|
45,168
|
43,164
|
Series 2019-M1, Class A2, 3.55%, 9/25/2028 (f)
|
30,500
|
29,500
|
Series 2020-M38, Class 2A1, 1.59%, 11/25/2028
|
7,857
|
6,948
|
Series 2020-M38, Class X2, IO, 1.98%, 11/25/2028 (f)
|
49,134
|
3,347
|
Series 2017-M5, Class A2, 3.07%, 4/25/2029 (f)
|
5,673
|
5,325
|
Series 2019-M7, Class A2, 3.14%, 4/25/2029
|
34,794
|
32,713
|
Series 2017-M11, Class A2, 2.98%, 8/25/2029
|
14,648
|
13,605
|
Series 2020-M5, Class A2, 2.21%, 1/25/2030
|
40,793
|
35,688
|
Series 2018-M3, Class A2, 3.07%, 2/25/2030 (f)
|
15,645
|
14,475
|
Series 2020-M50, Class A1, 0.67%, 10/25/2030
|
8
|
8
|
Series 2020-M50, Class A2, 1.20%, 10/25/2030
|
12,140
|
10,781
|
Series 2020-M50, Class X1, IO, 1.83%, 10/25/2030 (f)
|
171,357
|
11,645
|
Series 2022-M1G, Class A2, 1.53%, 9/25/2031 (f)
|
28,657
|
23,247
|
Series 2022-M3, Class A2, 1.71%, 11/25/2031 (f)
|
45,000
|
36,518
|
Series 2022-M1S, Class A2, 2.08%, 4/25/2032 (f)
|
48,740
|
40,711
|
Series 2022-M13, Class A2, 2.59%, 6/25/2032 (f)
|
60,253
|
52,421
|
Series 2022-M2S, Class A2, 3.75%, 8/25/2032 (f)
|
56,250
|
53,462
|
Series 2021-M3, Class 1A1, 1.00%, 11/25/2033
|
12,159
|
11,446
|
Series 2021-M3, Class X1, IO, 1.94%, 11/25/2033 (f)
|
146,684
|
12,629
|
Series 2022-M5, Class A1, 2.37%, 1/1/2034 (f)
|
16,159
|
14,497
|
Series 2019-M10, Class X, IO, 0.89%, 5/25/2049 (f)
|
87,376
|
4,622
|
FREMF Mortgage Trust
|
|
|
Series 2017-K727, Class B, 3.74%, 7/25/2024 (b) (f)
|
27,500
|
26,644
|
Series 2018-KSL1, Class B, 3.86%, 11/25/2025 (b) (f)
|
10,011
|
9,261
|
Series 2019-KL05, Class BP, 3.96%, 6/25/2029 (b) (f)
|
5,645
|
5,020
|
Series 2020-KHG2, Class B, 3.07%, 2/25/2030 (b) (f)
|
13,500
|
11,518
|
Series 2018-KW07, Class B, 4.08%, 10/25/2031 (b) (f)
|
5,000
|
4,176
|
Series 2015-K44, Class B, 3.72%, 1/25/2048 (b) (f)
|
769
|
741
|
Series 2015-K45, Class B, 3.61%, 4/25/2048 (b) (f)
|
11,025
|
10,596
|
Series 2015-K47, Class B, 3.59%, 6/25/2048 (b) (f)
|
5,000
|
4,790
|
Series 2015-K51, Class B, 3.95%, 10/25/2048 (b) (f)
|
10,000
|
9,635
|
Series 2016-K56, Class B, 3.95%, 6/25/2049 (b) (f)
|
8,451
|
8,081
|
Series 2017-K67, Class B, 3.95%, 9/25/2049 (b) (f)
|
10,500
|
9,876
|
Series 2017-K729, Class B, 3.67%, 11/25/2049 (b) (f)
|
8,000
|
7,701
|
Series 2017-K63, Class B, 3.88%, 2/25/2050 (b) (f)
|
20,000
|
18,860
|
Series 2019-K102, Class B, 3.53%, 12/25/2051 (b) (f)
|
6,000
|
5,335
|
Series 2019-K90, Class B, 4.32%, 2/25/2052 (b) (f)
|
8,500
|
7,969
|
Series 2020-K737, Class B, 3.30%, 1/25/2053 (b) (f)
|
10,000
|
9,282
|
GAM Re-REMIC TRUST Series 2021-FRR2, Class BK44, 1.73%, 9/27/2051 (b) (f)
|
21,129
|
18,895
|
Independence Plaza Trust Series 2018-INDP, Class A, 3.76%, 7/10/2035 (b)
|
36,250
|
34,071
|
JPMCC Re-REMIC Trust Series 2015-FRR2, Class AK36, 1.98%, 12/27/2046 (b) (f)
|
14,610
|
14,173
|
JPMorgan Chase Commercial Mortgage Securities Trust
|
|
|
Series 2005-CB11, Class X1, IO, 0.16%, 8/12/2037 (b) (f)
|
6,569
|
—
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Commercial Mortgage-Backed Securities — continued
|
||
Series 2006-CB15, Class X1, IO, 0.55%, 6/12/2043 (f)
|
1,135
|
—
|
Series 2007-LD12, Class X, IO, 0.00%, 2/15/2051 (f)
|
6,368
|
—
|
Ladder Capital Commercial Mortgage Trust Series 2013-GCP, Class A2, 3.99%, 2/15/2036 (b)
|
8,924
|
8,042
|
MHC Commercial Mortgage Trust Series 2021-MHC, Class E, 7.27%, 4/15/2038 (b) (f)
|
15,700
|
15,108
|
MRCD MARK Mortgage Trust
|
|
|
Series 2019-PARK, Class A, 2.72%, 12/15/2036 (b)
|
38,560
|
35,303
|
Series 2019-PARK, Class E, 2.72%, 12/15/2036 (b)
|
81,600
|
69,642
|
P4 SFR Series 2019-STl A7.25%, 10/11/2026 ‡
|
40,900
|
38,855
|
RBS Commercial Funding, Inc. Trust Series 2013-SMV, Class A, 3.26%, 3/11/2031 (b)
|
4,450
|
4,225
|
SBALR Commercial Mortgage Trust Series 2020-RR1, Class A3, 2.83%, 2/13/2053 (b)
|
23,936
|
19,593
|
Series RR Trust Series 2014-1, Class B, PO, 5/25/2047 (b)
|
8,260
|
7,701
|
SLG Office Trust Series 2021-OVA, Class A, 2.59%, 7/15/2041 (b)
|
67,015
|
54,356
|
UBS-BAMLL Trust Series 2012-WRM, Class A, 3.66%, 6/10/2030 (b)
|
492
|
461
|
UBS-Barclays Commercial Mortgage Trust Series 2012-C2, Class XA, IO, 0.52%, 5/10/2063 (b) (f)
|
6,678
|
—
|
Wachovia Bank Commercial Mortgage Trust Series 2006-C24, Class XC, IO, 0.00%, 3/15/2045 (b) (f)
|
2,496
|
—
|
Wells Fargo Commercial Mortgage Trust Series 2015-C30, Class A4, 3.66%, 9/15/2058
|
8,751
|
8,350
|
WFRBS Commercial Mortgage Trust Series 2013-C11, Class D, 3.98%, 3/15/2045 (b) (f)
|
2,500
|
1,725
|
Total Commercial Mortgage-Backed Securities
(Cost $2,546,044)
|
|
2,375,018
|
Collateralized Mortgage Obligations — 5.9%
|
||
Alexan Kendry, 4.66%, 1/1/2029 ‡ (g)
|
1,184
|
1,183
|
Alternative Loan Trust
|
|
|
Series 2004-2CB, Class 1A9, 5.75%, 3/25/2034
|
2,285
|
2,263
|
Series 2005-1CB, Class 1A6, IF, IO, 1.96%, 3/25/2035 (f)
|
694
|
46
|
Series 2005-22T1, Class A2, IF, IO, 0.00%, 6/25/2035 (f)
|
3,635
|
257
|
Series 2005-20CB, Class 3A8, IF, IO, 0.00%, 7/25/2035 (f)
|
2,602
|
106
|
Series 2005-28CB, Class 1A4, 5.50%, 8/25/2035
|
1,016
|
879
|
Series 2005-28CB, Class 3A5, 6.00%, 8/25/2035
|
45
|
21
|
Series 2005-37T1, Class A2, IF, IO, 0.00%, 9/25/2035 (f)
|
11,853
|
655
|
Series 2005-54CB, Class 1A2, IF, IO, 0.00%, 11/25/2035 (f)
|
3,323
|
138
|
Series 2005-54CB, Class 1A11, 5.50%, 11/25/2035
|
841
|
661
|
Series 2005-54CB, Class 1A7, 5.50%, 11/25/2035
|
12
|
10
|
Series 2005-64CB, Class 1A9, 5.50%, 12/25/2035
|
395
|
354
|
American General Mortgage Loan Trust Series 2006-1, Class A5, 5.75%, 12/25/2035 (b) (f)
|
2
|
2
|
Aml-prop CAP 2022-e Frn, 6.45%, 11/15/2024 ‡
|
22,012
|
21,792
|
Anchor Mortgage Trust Series 2021-1, Class A1, 2.60%, 10/25/2026 (b)
|
41,454
|
39,615
|
Anover Mission Gorg, 4.60%, 1/1/2029 ‡ (g)
|
9,030
|
9,013
|
Anover Mission Val, 4.66%, 1/1/2029 ‡ (g)
|
9,425
|
9,416
|
ANTLR Mortgage Trust Series 2021-RTL1, Class A1, 2.12%, 11/25/2024 (b) (e)
|
39,536
|
39,126
|
ASG Resecuritization Trust Series 2011-1, Class 2A35, 6.00%, 9/28/2036 (b) (f)
|
231
|
121
|
Baml PIMCO Frn, Zero Coupon, 6/15/2024 ‡
|
19,838
|
19,639
|
Banc of America Alternative Loan Trust Series 2004-6, Class 15, PO, 7/25/2019
|
8
|
3
|
Banc of America Funding Trust
|
|
|
Series 2004-1, PO, 3/25/2034
|
106
|
74
|
Series 2004-2, Class 1CB1, 5.75%, 9/20/2034
|
88
|
88
|
Series 2005-6, Class 2A7, 5.50%, 10/25/2035
|
149
|
127
|
Series 2005-7, Class 30, PO, 11/25/2035
|
81
|
80
|
Series 2005-8, Class 30, PO, 1/25/2036
|
28
|
19
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2006-1, Class X, PO, 1/25/2036
|
30
|
17
|
Banc of America Mortgage Trust Series 2003-C, Class 3A1, 4.75%, 4/25/2033 (f)
|
16
|
15
|
Baring Frn Series 2021-EBO1, Class PA, Zero Coupon, 5/22/2024 ‡ (f)
|
18,339
|
18,156
|
Bastion Funding I LLC, 7.12%, 4/25/2038 ‡
|
25,000
|
25,000
|
Bear Stearns ARM Trust
|
|
|
Series 2003-2, Class A5, 4.32%, 1/25/2033 (b) (f)
|
427
|
416
|
Series 2003-7, Class 3A, 4.57%, 10/25/2033 (f)
|
19
|
17
|
Series 2004-2, Class 14A, 3.87%, 5/25/2034 (f)
|
185
|
171
|
Series 2006-1, Class A1, 6.80%, 2/25/2036 (f)
|
468
|
447
|
Cendant Mortgage Capital CDMC Mortgage Pass-Through Certificates Series 2003-8, Class 1P, PO, 10/25/2033
|
15
|
11
|
Cendant Mortgage Capital LLC CDMC Mortgage Pass-Through Certificates Series 2004-1, Class P, PO, 2/25/2034
|
23
|
17
|
CFMT LLC Series 2021-HB5, Class A, 0.80%, 2/25/2031 ‡ (b) (f)
|
12,653
|
12,193
|
Chase Mortgage Finance Trust
|
|
|
Series 2007-A2, Class 2A1, 4.14%, 6/25/2035 (f)
|
156
|
150
|
Series 2007-A2, Class 1A1, 4.52%, 6/25/2035 (f)
|
57
|
55
|
Series 2007-A1, Class 2A1, 4.11%, 2/25/2037 (f)
|
210
|
197
|
Series 2007-A1, Class 1A3, 4.21%, 2/25/2037 (f)
|
107
|
104
|
Series 2007-A1, Class 9A1, 4.29%, 2/25/2037 (f)
|
116
|
110
|
Series 2007-A1, Class 7A1, 4.30%, 2/25/2037 (f)
|
23
|
23
|
CHL Mortgage Pass-Through Trust
|
|
|
Series 2004-8, Class 2A1, 4.50%, 6/25/2019 ‡
|
13
|
7
|
Series 2002-18, PO, 11/25/2032
|
38
|
28
|
Series 2004-3, Class A26, 5.50%, 4/25/2034
|
112
|
108
|
Series 2004-3, Class A4, 5.75%, 4/25/2034
|
76
|
73
|
Series 2004-HYB1, Class 2A, 4.39%, 5/20/2034 (f)
|
58
|
53
|
Series 2004-HYB3, Class 2A, 3.83%, 6/20/2034 (f)
|
239
|
220
|
Series 2004-7, Class 2A1, 4.60%, 6/25/2034 (f)
|
33
|
30
|
Series 2004-5, Class 1A4, 5.50%, 6/25/2034
|
489
|
486
|
Series 2004-HYB6, Class A3, 3.99%, 11/20/2034 (f)
|
191
|
177
|
Series 2005-14, Class A2, 5.50%, 7/25/2035
|
83
|
45
|
Series 2005-16, Class A23, 5.50%, 9/25/2035
|
45
|
29
|
Series 2005-22, Class 2A1, 3.50%, 11/25/2035 (f)
|
780
|
615
|
Citicorp Mortgage Securities Trust Series 2006-4, Class 1A2, 6.00%, 8/25/2036
|
172
|
154
|
Citigroup Global Markets Mortgage Securities VII, Inc.
|
|
|
Series 2003-UP2, Class 1, PO, 6/25/2033
|
1
|
1
|
Series 2003-HYB1, Class A, 4.24%, 9/25/2033 (f)
|
125
|
124
|
Citigroup Mortgage Loan Trust
|
|
|
Series 2009-10, Class 1A1, 4.16%, 9/25/2033 (b) (f)
|
446
|
437
|
Series 2004-UST1, Class A6, 4.29%, 8/25/2034 (f)
|
43
|
39
|
Series 2015-A, Class B2, 4.50%, 6/25/2058 (b) (f)
|
1,777
|
1,678
|
Citigroup Mortgage Loan Trust, Inc.
|
|
|
Series 2003-1, Class 3, PO, 9/25/2033
|
13
|
9
|
Series 2003-UP3, Class A3, 7.00%, 9/25/2033
|
17
|
17
|
Series 2003-1, Class 2, PO, 10/25/2033
|
1
|
1
|
Series 2003-1, Class 2A6, PO, 10/25/2033
|
9
|
7
|
Series 2003-1, Class 2A5, 5.25%, 10/25/2033
|
50
|
46
|
Series 2005-1, Class 2A1A, 2.99%, 2/25/2035 (f)
|
151
|
119
|
Series 2005-2, Class 2A11, 5.50%, 5/25/2035
|
438
|
430
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2005-5, Class 1A2, 4.33%, 8/25/2035 (f)
|
375
|
310
|
Connecticut Avenue Securities Trust Series 2023-R02, Class 1M2, 8.32%, 1/25/2043 (b) (f)
|
17,575
|
17,789
|
Credit Suisse First Boston Mortgage Securities Corp. (Switzerland)
|
|
|
Series 2003-1, Class DB1, 6.66%, 2/25/2033 (f)
|
395
|
391
|
Series 2003-AR15, Class 3A1, 4.73%, 6/25/2033 (f)
|
50
|
47
|
Series 2003-21, Class 1A4, 5.25%, 9/25/2033
|
203
|
196
|
Series 2003-23, Class 1P, PO, 10/25/2033
|
202
|
144
|
CSFB Mortgage-Backed Pass-Through Certificates
|
|
|
Series 2003-27, Class 5A4, 5.25%, 11/25/2033
|
10
|
10
|
Series 2004-4, Class 2A4, 5.50%, 9/25/2034
|
153
|
150
|
Series 2004-8, Class 1A4, 5.50%, 12/25/2034
|
484
|
476
|
Series 2005-9, Class AP, PO, 10/25/2035
|
36
|
26
|
Series 2005-9, Class DX, IO, 5.50%, 10/25/2035
|
845
|
92
|
Series 2005-10, Class AP, PO, 11/25/2035
|
40
|
26
|
CSMC Trust
|
|
|
Series 2021-RPL1, Class A1, 1.67%, 9/27/2060 (b) (f)
|
20,700
|
19,248
|
Series 2021-JR2, Class A1, 2.22%, 11/25/2061 (b) (f)
|
17,372
|
16,530
|
Series 2021-JR1, Class A1, 2.46%, 9/27/2066 (b) (f)
|
20,759
|
19,966
|
Series 2022-JR1, Class A1, 4.27%, 10/25/2066 ‡ (b) (e)
|
24,827
|
23,702
|
CVS Pass-Through Trust Series 2009, 8.35%, 7/10/2031 (b)
|
4,471
|
4,757
|
Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2005-1, Class 2A1, 3.96%, 2/25/2020 (f)
|
36
|
35
|
FARM Mortgage Trust Series 2023-1, Class A, 2.63%, 1/25/2052 (b) (f)
|
27,216
|
22,581
|
FHLMC - GNMA
|
|
|
Series 24, Class ZE, 6.25%, 11/25/2023
|
1
|
1
|
Series 29, Class L, 7.50%, 4/25/2024
|
11
|
11
|
FHLMC, Reference REMIC
|
|
|
Series R006, Class ZA, 6.00%, 4/15/2036
|
1,204
|
1,266
|
Series R007, Class ZA, 6.00%, 5/15/2036
|
1,608
|
1,678
|
FHLMC, REMIC
|
|
|
Series 2033, Class J, 5.60%, 6/15/2023
|
1
|
1
|
Series 1541, Class O, 2.65%, 7/15/2023 (f)
|
—
|
—
|
Series 2638, Class DS, IF, 3.49%, 7/15/2023 (f)
|
—
|
—
|
Series 1541, Class M, IF, 18.01%, 7/15/2023 (f)
|
—
|
—
|
Series 1570, Class F, 4.01%, 8/15/2023 (f)
|
—
|
—
|
Series 1608, Class L, 6.50%, 9/15/2023
|
13
|
13
|
Series 1573, Class PZ, 7.00%, 9/15/2023
|
1
|
1
|
Series 2571, Class SK, IF, 12.47%, 9/15/2023 (f)
|
1
|
1
|
Series 1591, Class PV, 6.25%, 10/15/2023
|
1
|
1
|
Series 1602, Class SA, IF, 6.67%, 10/15/2023 (f)
|
1
|
1
|
Series 2709, Class PG, 5.00%, 11/15/2023
|
52
|
52
|
Series 2710, Class HB, 5.50%, 11/15/2023
|
2
|
2
|
Series 1642, Class PJ, 6.00%, 11/15/2023
|
5
|
5
|
Series 2720, Class PC, 5.00%, 12/15/2023
|
5
|
5
|
Series 1983, Class Z, 6.50%, 12/15/2023
|
3
|
3
|
Series 2283, Class K, 6.50%, 12/15/2023
|
4
|
4
|
Series 1658, Class GZ, 7.00%, 1/15/2024
|
2
|
2
|
Series 1865, Class D, PO, 2/15/2024
|
5
|
5
|
Series 1671, Class L, 7.00%, 2/15/2024
|
1
|
1
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 1686, Class SH, IF, 8.11%, 2/15/2024 (f)
|
—
|
—
|
Series 1671, Class QC, IF, 10.00%, 2/15/2024 (f)
|
2
|
2
|
Series 1709, Class FA, 2.73%, 3/15/2024 (f)
|
—
|
—
|
Series 1699, Class FC, 5.55%, 3/15/2024 (f)
|
—
|
—
|
Series 1695, Class EB, 7.00%, 3/15/2024
|
2
|
2
|
Series 1706, Class K, 7.00%, 3/15/2024
|
11
|
11
|
Series 2033, Class SN, HB, IF, 20.16%, 3/15/2024 (f)
|
1
|
—
|
Series 1720, Class PL, 7.50%, 4/15/2024
|
4
|
4
|
Series 2306, Class K, PO, 5/15/2024
|
3
|
3
|
Series 2306, Class SE, IF, IO, 7.02%, 5/15/2024 (f)
|
6
|
—
|
Series 1737, Class L, 6.00%, 6/15/2024
|
8
|
8
|
Series 1745, Class D, 7.50%, 8/15/2024
|
8
|
8
|
Series 3614, Class QB, 4.00%, 12/15/2024
|
176
|
173
|
Series 2903, Class Z, 5.00%, 12/15/2024
|
34
|
34
|
Series 2967, Class S, IF, 5.73%, 4/15/2025 (f)
|
14
|
12
|
Series 3684, Class CY, 4.50%, 6/15/2025
|
617
|
610
|
Series 3022, Class SX, IF, 4.11%, 8/15/2025 (f)
|
8
|
8
|
Series 3051, Class DP, IF, 5.56%, 10/15/2025 (f)
|
31
|
29
|
Series 3793, Class AB, 3.50%, 1/15/2026
|
942
|
920
|
Series 1829, Class ZB, 6.50%, 3/15/2026
|
1
|
1
|
Series 1863, Class Z, 6.50%, 7/15/2026
|
8
|
8
|
Series 1890, Class H, 7.50%, 9/15/2026
|
6
|
6
|
Series 1899, Class ZE, 8.00%, 9/15/2026
|
21
|
22
|
Series 1927, Class ZA, 6.50%, 1/15/2027
|
20
|
20
|
Series 1927, Class PH, 7.50%, 1/15/2027
|
49
|
51
|
Series 1963, Class Z, 7.50%, 1/15/2027
|
19
|
20
|
Series 1935, Class FL, 5.81%, 2/15/2027 (f)
|
1
|
1
|
Series 1981, Class Z, 6.00%, 5/15/2027
|
33
|
33
|
Series 1970, Class PG, 7.25%, 7/15/2027
|
2
|
2
|
Series 1987, Class PE, 7.50%, 9/15/2027
|
22
|
22
|
Series 2019, Class Z, 6.50%, 12/15/2027
|
30
|
30
|
Series 2038, Class PN, IO, 7.00%, 3/15/2028
|
29
|
3
|
Series 2040, Class PE, 7.50%, 3/15/2028
|
77
|
80
|
Series 2054, Class PV, 7.50%, 5/15/2028
|
33
|
33
|
Series 2063, Class PG, 6.50%, 6/15/2028
|
46
|
46
|
Series 2064, Class TE, 7.00%, 6/15/2028
|
8
|
8
|
Series 2070, Class C, 6.00%, 7/15/2028
|
36
|
36
|
Series 2075, Class PM, 6.25%, 8/15/2028
|
113
|
114
|
Series 2075, Class PH, 6.50%, 8/15/2028
|
105
|
107
|
Series 2086, Class GB, 6.00%, 9/15/2028
|
13
|
13
|
Series 2089, Class PJ, IO, 7.00%, 10/15/2028
|
45
|
3
|
Series 2095, Class PE, 6.00%, 11/15/2028
|
90
|
91
|
Series 2106, Class ZD, 6.00%, 12/15/2028
|
191
|
193
|
Series 2388, Class FB, 5.71%, 1/15/2029 (f)
|
42
|
42
|
Series 2110, Class PG, 6.00%, 1/15/2029
|
236
|
238
|
Series 2125, Class JZ, 6.00%, 2/15/2029
|
56
|
56
|
Series 2126, Class CB, 6.25%, 2/15/2029
|
217
|
219
|
Series 2132, Class SB, IF, 8.74%, 3/15/2029 (f)
|
6
|
7
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2141, IO, 7.00%, 4/15/2029
|
3
|
—
|
Series 2169, Class TB, 7.00%, 6/15/2029
|
207
|
214
|
Series 2163, Class PC, IO, 7.50%, 6/15/2029
|
17
|
1
|
Series 2172, Class QC, 7.00%, 7/15/2029
|
119
|
124
|
Series 2176, Class OJ, 7.00%, 8/15/2029
|
61
|
64
|
Series 2196, Class TL, 7.50%, 11/15/2029
|
—
|
—
|
Series 2201, Class C, 8.00%, 11/15/2029
|
37
|
39
|
Series 2204, Class GB, 8.00%, 12/20/2029 (f)
|
3
|
1
|
Series 2208, Class PG, 7.00%, 1/15/2030
|
107
|
111
|
Series 2209, Class TC, 8.00%, 1/15/2030
|
31
|
32
|
Series 2210, Class Z, 8.00%, 1/15/2030
|
124
|
132
|
Series 2224, Class CB, 8.00%, 3/15/2030
|
28
|
29
|
Series 3654, Class DC, 5.00%, 4/15/2030
|
4,286
|
4,287
|
Series 2230, Class Z, 8.00%, 4/15/2030
|
39
|
41
|
Series 2234, Class PZ, 7.50%, 5/15/2030
|
32
|
34
|
Series 2247, Class Z, 7.50%, 8/15/2030
|
35
|
36
|
Series 2256, Class MC, 7.25%, 9/15/2030
|
61
|
64
|
Series 2259, Class ZM, 7.00%, 10/15/2030
|
87
|
91
|
Series 2262, Class Z, 7.50%, 10/15/2030
|
7
|
8
|
Series 2271, Class PC, 7.25%, 12/15/2030
|
85
|
90
|
Series 2296, Class PD, 7.00%, 3/15/2031
|
62
|
65
|
Series 2313, Class LA, 6.50%, 5/15/2031
|
14
|
15
|
Series 2325, Class PM, 7.00%, 6/15/2031
|
35
|
37
|
Series 2359, Class ZB, 8.50%, 6/15/2031
|
101
|
109
|
Series 2332, Class ZH, 7.00%, 7/15/2031
|
105
|
110
|
Series 2344, Class ZD, 6.50%, 8/15/2031
|
623
|
642
|
Series 2344, Class ZJ, 6.50%, 8/15/2031
|
76
|
79
|
Series 2345, Class NE, 6.50%, 8/15/2031
|
57
|
59
|
Series 2351, Class PZ, 6.50%, 8/15/2031
|
51
|
52
|
Series 2367, Class ME, 6.50%, 10/15/2031
|
72
|
74
|
Series 2399, Class OH, 6.50%, 1/15/2032
|
77
|
79
|
Series 2399, Class TH, 6.50%, 1/15/2032
|
89
|
92
|
Series 2475, Class S, IF, IO, 2.89%, 2/15/2032 (f)
|
263
|
26
|
Series 2410, Class QX, IF, IO, 3.54%, 2/15/2032 (f)
|
52
|
4
|
Series 2412, Class SP, IF, 5.89%, 2/15/2032 (f)
|
122
|
130
|
Series 2418, Class FO, 6.01%, 2/15/2032 (f)
|
140
|
141
|
Series 2410, Class QS, IF, 6.22%, 2/15/2032 (f)
|
141
|
153
|
Series 2410, Class OE, 6.38%, 2/15/2032
|
27
|
27
|
Series 2410, Class NG, 6.50%, 2/15/2032
|
107
|
111
|
Series 2420, Class XK, 6.50%, 2/15/2032
|
138
|
143
|
Series 2444, Class ES, IF, IO, 2.84%, 3/15/2032 (f)
|
106
|
9
|
Series 2450, Class SW, IF, IO, 2.89%, 3/15/2032 (f)
|
69
|
7
|
Series 2423, Class TB, 6.50%, 3/15/2032
|
180
|
183
|
Series 2430, Class WF, 6.50%, 3/15/2032
|
159
|
166
|
Series 2423, Class MC, 7.00%, 3/15/2032
|
96
|
100
|
Series 2423, Class MT, 7.00%, 3/15/2032
|
119
|
126
|
Series 2434, Class ZA, 6.50%, 4/15/2032
|
290
|
294
|
Series 2435, Class CJ, 6.50%, 4/15/2032
|
236
|
244
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2441, Class GF, 6.50%, 4/15/2032
|
40
|
42
|
Series 2434, Class TC, 7.00%, 4/15/2032
|
217
|
229
|
Series 2436, Class MC, 7.00%, 4/15/2032
|
53
|
54
|
Series 2455, Class GK, 6.50%, 5/15/2032
|
125
|
127
|
Series 2450, Class GZ, 7.00%, 5/15/2032
|
124
|
132
|
Series 2458, Class ZM, 6.50%, 6/15/2032
|
98
|
99
|
Series 2466, Class DH, 6.50%, 6/15/2032
|
55
|
57
|
Series 2466, Class PH, 6.50%, 6/15/2032
|
149
|
155
|
Series 2474, Class NR, 6.50%, 7/15/2032
|
150
|
154
|
Series 2484, Class LZ, 6.50%, 7/15/2032
|
178
|
183
|
Series 3393, Class JO, PO, 9/15/2032
|
441
|
381
|
Series 2500, Class MC, 6.00%, 9/15/2032
|
185
|
191
|
Series 2835, Class QO, PO, 12/15/2032
|
21
|
18
|
Series 2571, Class FY, 5.86%, 12/15/2032 (f)
|
174
|
176
|
Series 2543, Class YX, 6.00%, 12/15/2032
|
342
|
353
|
Series 2544, Class HC, 6.00%, 12/15/2032
|
131
|
135
|
Series 2571, Class SY, IF, 6.34%, 12/15/2032 (f)
|
103
|
104
|
Series 2552, Class ME, 6.00%, 1/15/2033
|
220
|
227
|
Series 2567, Class QD, 6.00%, 2/15/2033
|
194
|
200
|
Series 2575, Class ME, 6.00%, 2/15/2033
|
852
|
879
|
Series 2596, Class QG, 6.00%, 3/15/2033
|
128
|
131
|
Series 2586, Class WI, IO, 6.50%, 3/15/2033
|
80
|
13
|
Series 2631, Class SA, IF, 5.49%, 6/15/2033 (f)
|
284
|
300
|
Series 2692, Class SC, IF, 3.07%, 7/15/2033 (f)
|
113
|
111
|
Series 2642, Class SL, IF, 4.28%, 7/15/2033 (f)
|
4
|
3
|
Series 2653, Class PZ, 5.00%, 7/15/2033
|
1,456
|
1,440
|
Series 4238, Class WY, 3.00%, 8/15/2033
|
2,175
|
2,057
|
Series 2671, Class S, IF, 5.39%, 9/15/2033 (f)
|
83
|
86
|
Series 2733, Class SB, IF, 3.41%, 10/15/2033 (f)
|
2,118
|
2,001
|
Series 2780, Class SY, IF, 5.26%, 11/15/2033 (f)
|
43
|
46
|
Series 2722, Class PF, 5.71%, 12/15/2033 (f)
|
721
|
724
|
Series 3920, Class LP, 5.00%, 1/15/2034
|
1,047
|
1,049
|
Series 2744, Class PE, 5.50%, 2/15/2034
|
4
|
4
|
Series 2802, Class OH, 6.00%, 5/15/2034
|
307
|
311
|
Series 3611, PO, 7/15/2034
|
440
|
377
|
Series 3305, Class MG, IF, 7.33%, 7/15/2034 (f)
|
173
|
177
|
Series 2990, Class GO, PO, 2/15/2035
|
140
|
118
|
Series 2929, Class MS, IF, 5.69%, 2/15/2035 (f)
|
178
|
162
|
Series 3077, Class TO, PO, 4/15/2035
|
85
|
82
|
Series 2968, Class EH, 6.00%, 4/15/2035
|
4,463
|
4,524
|
Series 2981, Class FA, 5.51%, 5/15/2035 (f)
|
225
|
222
|
Series 2990, Class WP, IF, 4.26%, 6/15/2035 (f)
|
4
|
4
|
Series 2988, Class AF, 5.41%, 6/15/2035 (f)
|
363
|
356
|
Series 3014, Class OD, PO, 8/15/2035
|
35
|
29
|
Series 3085, Class WF, 5.91%, 8/15/2035 (f)
|
206
|
208
|
Series 3029, Class SO, PO, 9/15/2035
|
104
|
93
|
Series 3064, Class SG, IF, 2.98%, 11/15/2035 (f)
|
132
|
144
|
Series 3102, Class HS, IF, 5.84%, 1/15/2036 (f)
|
23
|
23
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 3101, Class UZ, 6.00%, 1/15/2036
|
494
|
517
|
Series 3117, Class AO, PO, 2/15/2036
|
227
|
205
|
Series 3117, Class EO, PO, 2/15/2036
|
112
|
95
|
Series 3117, Class OG, PO, 2/15/2036
|
72
|
62
|
Series 3117, Class OK, PO, 2/15/2036
|
101
|
85
|
Series 3122, Class OH, PO, 3/15/2036
|
139
|
119
|
Series 3122, Class OP, PO, 3/15/2036
|
129
|
117
|
Series 3134, PO, 3/15/2036
|
27
|
24
|
Series 3122, Class ZB, 6.00%, 3/15/2036
|
27
|
31
|
Series 3138, PO, 4/15/2036
|
147
|
123
|
Series 3147, PO, 4/15/2036
|
264
|
237
|
Series 3607, Class AO, PO, 4/15/2036
|
269
|
223
|
Series 3607, Class BO, PO, 4/15/2036
|
493
|
418
|
Series 3137, Class XP, 6.00%, 4/15/2036
|
367
|
385
|
Series 3219, Class DI, IO, 6.00%, 4/15/2036
|
253
|
48
|
Series 3819, Class ZQ, 6.00%, 4/15/2036
|
2,612
|
2,716
|
Series 3149, Class SO, PO, 5/15/2036
|
79
|
64
|
Series 3151, PO, 5/15/2036
|
173
|
140
|
Series 3153, Class EO, PO, 5/15/2036
|
215
|
181
|
Series 3233, Class OP, PO, 5/15/2036
|
36
|
31
|
Series 3171, Class MO, PO, 6/15/2036
|
307
|
274
|
Series 3523, Class SD, IF, 5.62%, 6/15/2036 (f)
|
102
|
97
|
Series 3164, Class MG, 6.00%, 6/15/2036
|
65
|
67
|
Series 3179, Class OA, PO, 7/15/2036
|
94
|
78
|
Series 3194, Class SA, IF, IO, 1.99%, 7/15/2036 (f)
|
42
|
5
|
Series 3181, Class AZ, 6.50%, 7/15/2036
|
292
|
306
|
Series 3195, Class PD, 6.50%, 7/15/2036
|
251
|
257
|
Series 3200, PO, 8/15/2036
|
158
|
129
|
Series 3202, Class HI, IF, IO, 1.54%, 8/15/2036 (f)
|
2,129
|
189
|
Series 3200, Class AY, 5.50%, 8/15/2036
|
643
|
660
|
Series 3645, Class KZ, 5.50%, 8/15/2036
|
230
|
234
|
Series 3213, Class OA, PO, 9/15/2036
|
81
|
69
|
Series 3218, Class AO, PO, 9/15/2036
|
73
|
56
|
Series 3225, Class EO, PO, 10/15/2036
|
172
|
143
|
Series 3232, Class ST, IF, IO, 1.59%, 10/15/2036 (f)
|
256
|
22
|
Series 3704, Class DT, 7.50%, 11/15/2036
|
2,177
|
2,345
|
Series 3256, PO, 12/15/2036
|
96
|
78
|
Series 3704, Class CT, 7.00%, 12/15/2036
|
5,060
|
5,393
|
Series 3704, Class ET, 7.50%, 12/15/2036
|
1,767
|
1,914
|
Series 3261, Class OA, PO, 1/15/2037
|
96
|
78
|
Series 3260, Class CS, IF, IO, 1.03%, 1/15/2037 (f)
|
152
|
13
|
Series 3274, Class JO, PO, 2/15/2037
|
25
|
22
|
Series 3510, Class OD, PO, 2/15/2037
|
241
|
201
|
Series 3275, Class FL, 5.55%, 2/15/2037 (f)
|
131
|
128
|
Series 3274, Class B, 6.00%, 2/15/2037
|
201
|
201
|
Series 3286, PO, 3/15/2037
|
10
|
8
|
Series 3290, Class SB, IF, IO, 1.34%, 3/15/2037 (f)
|
294
|
22
|
Series 3443, Class SY, IF, 9.00%, 3/15/2037 (f)
|
86
|
89
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 3373, Class TO, PO, 4/15/2037
|
100
|
81
|
Series 3302, Class UT, 6.00%, 4/15/2037
|
241
|
253
|
Series 3316, PO, 5/15/2037
|
173
|
138
|
Series 3318, Class AO, PO, 5/15/2037
|
5
|
4
|
Series 3607, PO, 5/15/2037
|
994
|
810
|
Series 3315, Class HZ, 6.00%, 5/15/2037
|
182
|
185
|
Series 3326, Class JO, PO, 6/15/2037
|
15
|
13
|
Series 3331, PO, 6/15/2037
|
93
|
78
|
Series 3607, Class OP, PO, 7/15/2037
|
919
|
749
|
Series 4032, Class TO, PO, 7/15/2037
|
1,262
|
1,013
|
Series 3344, Class SL, IF, IO, 1.49%, 7/15/2037 (f)
|
166
|
16
|
Series 4048, Class FJ, 4.03%, 7/15/2037 (f)
|
2,382
|
2,318
|
Series 3365, PO, 9/15/2037
|
144
|
117
|
Series 3371, Class FA, 5.71%, 9/15/2037 (f)
|
68
|
68
|
Series 3387, Class SA, IF, IO, 1.31%, 11/15/2037 (f)
|
1,129
|
87
|
Series 3383, Class SA, IF, IO, 1.34%, 11/15/2037 (f)
|
666
|
66
|
Series 3404, Class SC, IF, IO, 0.89%, 1/15/2038 (f)
|
1,296
|
93
|
Series 3422, Class SE, IF, 4.68%, 2/15/2038 (f)
|
56
|
58
|
Series 3423, Class PB, 5.50%, 3/15/2038
|
1,071
|
1,102
|
Series 3424, Class PI, IF, IO, 1.69%, 4/15/2038 (f)
|
677
|
68
|
Series 3453, Class B, 5.50%, 5/15/2038
|
81
|
82
|
Series 3455, Class SE, IF, IO, 1.09%, 6/15/2038 (f)
|
578
|
67
|
Series 3461, Class LZ, 6.00%, 6/15/2038
|
64
|
67
|
Series 3461, Class Z, 6.00%, 6/15/2038
|
1,484
|
1,513
|
Series 3481, Class SJ, IF, IO, 0.74%, 8/15/2038 (f)
|
850
|
68
|
Series 3895, Class WA, 5.65%, 10/15/2038 (f)
|
294
|
301
|
Series 3501, Class CB, 5.50%, 1/15/2039
|
732
|
748
|
Series 3511, Class SA, IF, IO, 0.89%, 2/15/2039 (f)
|
373
|
24
|
Series 3546, Class A, 3.70%, 2/15/2039 (f)
|
280
|
283
|
Series 3531, Class SM, IF, IO, 0.99%, 5/15/2039 (f)
|
64
|
3
|
Series 3531, Class SA, IF, IO, 1.19%, 5/15/2039 (f)
|
489
|
9
|
Series 3549, Class FA, 6.31%, 7/15/2039 (f)
|
54
|
53
|
Series 3607, Class TO, PO, 10/15/2039
|
472
|
381
|
Series 3795, Class EI, IO, 5.00%, 10/15/2039
|
25
|
—
|
Series 3608, Class SC, IF, IO, 1.14%, 12/15/2039 (f)
|
354
|
24
|
Series 3621, Class BO, PO, 1/15/2040
|
413
|
347
|
Series 3802, Class LS, IF, IO, 0.00%, 1/15/2040 (f)
|
2,371
|
99
|
Series 3632, Class BS, IF, 0.48%, 2/15/2040 (f)
|
1,255
|
1,218
|
Series 3740, Class SB, IF, IO, 0.89%, 10/15/2040 (f)
|
1,010
|
62
|
Series 3740, Class SC, IF, IO, 0.89%, 10/15/2040 (f)
|
921
|
89
|
Series 3779, Class GZ, 4.50%, 12/15/2040
|
6,756
|
6,294
|
Series 3779, Class Z, 4.50%, 12/15/2040
|
16,417
|
15,912
|
Series 3860, Class PZ, 5.00%, 5/15/2041
|
11,052
|
11,087
|
Series 3852, Class QN, IF, 5.50%, 5/15/2041 (f)
|
713
|
688
|
Series 3852, Class TP, IF, 5.50%, 5/15/2041 (f)
|
1,763
|
1,803
|
Series 4048, Class FB, 5.51%, 10/15/2041 (f)
|
1,777
|
1,760
|
Series 3957, Class B, 4.00%, 11/15/2041
|
1,191
|
1,149
|
Series 3966, Class NA, 4.00%, 12/15/2041
|
1,131
|
1,100
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 4012, Class FN, 5.61%, 3/15/2042 (f)
|
3,275
|
3,217
|
Series 4077, Class FB, 5.61%, 7/15/2042 (f)
|
1,354
|
1,317
|
Series 4217, Class KY, 3.00%, 6/15/2043
|
1,794
|
1,581
|
Series 4257, Class DZ, 2.50%, 10/15/2043
|
6,221
|
5,162
|
Series 3688, Class GT, 7.55%, 11/15/2046 (f)
|
2,545
|
2,736
|
Series 4809, Class ZM, 4.00%, 7/15/2048
|
24,685
|
23,423
|
Series 4837, Class ZB, 4.00%, 10/15/2048
|
8,527
|
8,149
|
Series 5008, Class LB, 1.50%, 8/25/2050
|
22,039
|
17,466
|
FHLMC, STRIPS
|
|
|
Series 197, PO, 4/1/2028
|
168
|
155
|
Series 233, Class 11, IO, 5.00%, 9/15/2035
|
467
|
91
|
Series 233, Class 12, IO, 5.00%, 9/15/2035
|
404
|
66
|
Series 233, Class 13, IO, 5.00%, 9/15/2035
|
755
|
132
|
Series 239, Class S30, IF, IO, 2.59%, 8/15/2036 (f)
|
1,410
|
187
|
Series 262, Class 35, 3.50%, 7/15/2042
|
14,446
|
13,649
|
Series 264, Class F1, 5.66%, 7/15/2042 (f)
|
5,573
|
5,435
|
Series 270, Class F1, 5.61%, 8/15/2042 (f)
|
2,048
|
1,992
|
Series 299, Class 300, 3.00%, 1/15/2043
|
1,060
|
970
|
Series 310, PO, 9/15/2043
|
3,337
|
2,525
|
FHLMC, Structured Pass-Through Certificates, Whole Loan
|
|
|
Series T-41, Class 3A, 4.31%, 7/25/2032 (f)
|
324
|
310
|
Series T-48, Class 1A, 4.40%, 7/25/2033 (f)
|
957
|
913
|
Series T-76, Class 2A, 2.02%, 10/25/2037 (f)
|
5,613
|
4,811
|
Series T-42, Class A5, 7.50%, 2/25/2042
|
1,308
|
1,337
|
Series T-51, Class 2A, 7.50%, 8/25/2042 (f)
|
264
|
271
|
Series T-54, Class 2A, 6.50%, 2/25/2043
|
1,528
|
1,606
|
Series T-54, Class 3A, 7.00%, 2/25/2043
|
492
|
520
|
Series T-56, Class A5, 5.23%, 5/25/2043
|
3,255
|
3,166
|
Series T-57, Class 1AP, PO, 7/25/2043
|
111
|
86
|
Series T-57, Class 1A3, 7.50%, 7/25/2043
|
312
|
336
|
Series T-58, Class A, PO, 9/25/2043
|
121
|
99
|
Series T-58, Class 4A, 7.50%, 9/25/2043
|
1,739
|
1,787
|
Series T-59, Class 1AP, PO, 10/25/2043
|
137
|
77
|
Series T-59, Class 1A2, 7.00%, 10/25/2043
|
1,660
|
1,705
|
Series T-62, Class 1A1, 4.94%, 10/25/2044 (f)
|
1,854
|
1,709
|
First Horizon Alternative Mortgage Securities Trust
|
|
|
Series 2005-FA8, Class 1A19, 5.50%, 11/25/2035
|
449
|
235
|
Series 2007-FA4, Class 1A2, IF, IO, 0.51%, 8/25/2037 (f)
|
4,669
|
444
|
FNMA
|
|
|
Series 2006-65, Class QO, PO, 7/25/2036
|
151
|
130
|
Series 2006-110, PO, 11/25/2036
|
221
|
185
|
Series 2009-113, Class AO, PO, 1/25/2040
|
195
|
159
|
FNMA Trust, Whole Loan
|
|
|
Series 2004-W1, Class 2A2, 7.00%, 12/25/2033
|
1,102
|
1,155
|
Series 2003-W8, Class 3F1, 5.54%, 5/25/2042 (f)
|
155
|
154
|
Series 2003-W2, Class 2A9, 5.90%, 7/25/2042
|
294
|
296
|
Series 2003-W2, Class 1A1, 6.50%, 7/25/2042
|
495
|
503
|
Series 2003-W6, Class 2A4, 5.20%, 9/25/2042
|
1,724
|
1,703
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2003-W6, Class 3A, 6.50%, 9/25/2042
|
614
|
627
|
Series 2003-W8, Class 2A, 7.00%, 10/25/2042
|
667
|
685
|
Series 2004-W2, Class 2A2, 7.00%, 2/25/2044
|
183
|
190
|
Series 2004-W8, Class 3A, 7.50%, 6/25/2044
|
166
|
171
|
Series 2004-W15, Class 2AF, 5.39%, 8/25/2044 (f)
|
534
|
528
|
Series 2005-W3, Class 2AF, 5.36%, 3/25/2045 (f)
|
4,547
|
4,499
|
Series 2005-W4, Class 1A1, 6.00%, 8/25/2045
|
241
|
243
|
Series 2006-W2, Class 2A, 3.44%, 11/25/2045 (f)
|
606
|
598
|
Series 2006-W2, Class 1AF1, 5.36%, 2/25/2046 (f)
|
2,079
|
2,051
|
FNMA, Grantor Trust, Whole Loan
|
|
|
Series 1999-T2, Class A1, 7.50%, 1/19/2039 (f)
|
288
|
288
|
Series 2001-T3, Class A1, 7.50%, 11/25/2040
|
518
|
521
|
Series 2002-T4, Class A1, 6.50%, 12/25/2041
|
6,107
|
6,274
|
Series 2002-T16, Class A2, 7.00%, 7/25/2042
|
637
|
670
|
Series 2004-T2, Class 2A, 4.06%, 7/25/2043 (f)
|
438
|
430
|
Series 2004-T2, Class 1A4, 7.50%, 11/25/2043
|
947
|
974
|
Series 2004-T1, Class 1A2, 6.50%, 1/25/2044
|
103
|
106
|
Series 2004-T3, Class PT1, 9.41%, 1/25/2044 (f)
|
127
|
133
|
Series 2004-T3, Class 1A2, 6.50%, 2/25/2044
|
1,694
|
1,733
|
Series 2004-T3, Class 1A3, 7.00%, 2/25/2044
|
669
|
697
|
FNMA, Other
|
|
|
Series 2002-83, Class CS, 6.88%, 8/25/2023
|
3
|
3
|
Series 2010-43, Class FD, 5.74%, 5/25/2040 (f)
|
245
|
242
|
Series 2010-111, Class AM, 5.50%, 10/25/2040
|
3,614
|
3,751
|
FNMA, REMIC
|
|
|
Series 1993-136, Class ZB, 6.00%, 7/25/2023 (f)
|
1
|
1
|
Series 1993-122, Class M, 6.50%, 7/25/2023
|
—
|
—
|
Series 1993-99, Class Z, 7.00%, 7/25/2023
|
1
|
1
|
Series 2002-1, Class G, 7.00%, 7/25/2023
|
1
|
1
|
Series G93-27, Class FD, 6.02%, 8/25/2023 (f)
|
—
|
—
|
Series 1993-141, Class Z, 7.00%, 8/25/2023
|
5
|
5
|
Series 1996-14, Class SE, IF, IO, 7.17%, 8/25/2023 (f)
|
3
|
—
|
Series 1993-205, Class H, PO, 9/25/2023
|
—
|
—
|
Series 1993-165, Class SD, IF, 3.75%, 9/25/2023 (f)
|
—
|
—
|
Series 1993-178, Class PK, 6.50%, 9/25/2023
|
—
|
—
|
Series 1993-165, Class SK, IF, 12.50%, 9/25/2023 (f)
|
—
|
—
|
Series 1993-183, Class KA, 6.50%, 10/25/2023
|
6
|
6
|
Series 1993-189, Class PL, 6.50%, 10/25/2023
|
3
|
3
|
Series 1993-179, Class SB, IF, 6.86%, 10/25/2023 (f)
|
—
|
—
|
Series 1999-52, Class NS, IF, 8.99%, 10/25/2023 (f)
|
1
|
1
|
Series 1993-179, Class SC, IF, 10.50%, 10/25/2023 (f)
|
—
|
—
|
Series 1994-9, Class E, PO, 11/25/2023
|
—
|
—
|
Series 1995-19, Class Z, 6.50%, 11/25/2023
|
4
|
4
|
Series 1993-230, Class FA, 5.74%, 12/25/2023 (f)
|
—
|
—
|
Series 1993-247, Class FE, 6.14%, 12/25/2023 (f)
|
1
|
1
|
Series 1993-225, Class UB, 6.50%, 12/25/2023
|
1
|
1
|
Series 2002-1, Class UD, IF, 6.52%, 12/25/2023 (f)
|
1
|
1
|
Series 1993-247, Class SU, IF, 7.72%, 12/25/2023 (f)
|
—
|
—
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 1993-247, Class SA, IF, 7.83%, 12/25/2023 (f)
|
1
|
1
|
Series 1994-37, Class L, 6.50%, 3/25/2024
|
5
|
5
|
Series 1994-40, Class Z, 6.50%, 3/25/2024
|
40
|
40
|
Series 1994-62, Class PK, 7.00%, 4/25/2024
|
65
|
65
|
Series 1994-63, Class PK, 7.00%, 4/25/2024
|
26
|
26
|
Series 2004-53, Class NC, 5.50%, 7/25/2024
|
1
|
1
|
Series 2004-65, Class EY, 5.50%, 8/25/2024
|
51
|
51
|
Series 2004-81, Class JG, 5.00%, 11/25/2024
|
117
|
116
|
Series 1995-2, Class Z, 8.50%, 1/25/2025
|
3
|
3
|
Series G95-1, Class C, 8.80%, 1/25/2025
|
4
|
4
|
Series 2005-67, Class EY, 5.50%, 8/25/2025
|
189
|
187
|
Series 2005-121, Class DX, 5.50%, 1/25/2026
|
81
|
80
|
Series 2006-94, Class GK, IF, 7.56%, 10/25/2026 (f)
|
32
|
33
|
Series 1996-48, Class Z, 7.00%, 11/25/2026
|
25
|
25
|
Series 1997-20, IO, 1.84%, 3/25/2027 (f)
|
3
|
—
|
Series 1997-20, Class IB, IO, 1.84%, 3/25/2027 (f)
|
1
|
—
|
Series 1997-27, Class J, 7.50%, 4/18/2027
|
13
|
14
|
Series 1997-29, Class J, 7.50%, 4/20/2027
|
20
|
21
|
Series 1997-32, Class PG, 6.50%, 4/25/2027
|
40
|
40
|
Series 1997-39, Class PD, 7.50%, 5/20/2027
|
59
|
60
|
Series 1997-42, Class ZC, 6.50%, 7/18/2027
|
3
|
3
|
Series 1997-81, Class PI, IO, 7.00%, 12/18/2027
|
17
|
1
|
Series 1998-36, Class ZB, 6.00%, 7/18/2028
|
22
|
22
|
Series 2008-55, Class S, IF, IO, 2.46%, 7/25/2028 (f)
|
634
|
31
|
Series 2009-11, Class NB, 5.00%, 3/25/2029
|
277
|
272
|
Series 1999-18, Class Z, 5.50%, 4/18/2029
|
18
|
17
|
Series 1999-17, Class C, 6.35%, 4/25/2029
|
14
|
14
|
Series 1999-62, Class PB, 7.50%, 12/18/2029
|
23
|
23
|
Series 2000-2, Class ZE, 7.50%, 2/25/2030
|
121
|
127
|
Series 2000-20, Class SA, IF, IO, 3.96%, 7/25/2030 (f)
|
20
|
—
|
Series 2000-52, IO, 8.50%, 1/25/2031
|
9
|
1
|
Series 2001-7, Class PF, 7.00%, 3/25/2031
|
20
|
21
|
Series 2011-31, Class DB, 3.50%, 4/25/2031
|
3,092
|
2,982
|
Series 2001-33, Class ID, IO, 6.00%, 7/25/2031
|
117
|
14
|
Series 2001-30, Class PM, 7.00%, 7/25/2031
|
61
|
62
|
Series 2001-36, Class DE, 7.00%, 8/25/2031
|
115
|
120
|
Series 2001-49, Class Z, 6.50%, 9/25/2031
|
31
|
33
|
Series 2001-60, Class QS, IF, 6.52%, 9/25/2031 (f)
|
85
|
89
|
Series 2001-44, Class MY, 7.00%, 9/25/2031
|
152
|
160
|
Series 2001-44, Class PD, 7.00%, 9/25/2031
|
26
|
27
|
Series 2001-44, Class PU, 7.00%, 9/25/2031
|
22
|
23
|
Series 2001-52, Class KB, 6.50%, 10/25/2031
|
22
|
23
|
Series 2003-52, Class SX, IF, 7.54%, 10/25/2031 (f)
|
48
|
53
|
Series 2004-74, Class SW, IF, 5.28%, 11/25/2031 (f)
|
64
|
68
|
Series 2001-60, Class PX, 6.00%, 11/25/2031
|
197
|
201
|
Series 2001-61, Class Z, 7.00%, 11/25/2031
|
225
|
236
|
Series 2001-72, Class SX, IF, 5.50%, 12/25/2031 (f)
|
5
|
5
|
Series 2001-81, Class LO, PO, 1/25/2032
|
6
|
5
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2002-1, Class SA, IF, 8.49%, 2/25/2032 (f)
|
19
|
22
|
Series 2002-13, Class SJ, IF, IO, 1.60%, 3/25/2032 (f)
|
152
|
4
|
Series 2002-13, Class ST, IF, 10.00%, 3/25/2032 (f)
|
2
|
2
|
Series 2002-21, Class LO, PO, 4/25/2032
|
6
|
5
|
Series 2002-15, Class ZA, 6.00%, 4/25/2032
|
518
|
523
|
Series 2002-21, Class PE, 6.50%, 4/25/2032
|
87
|
90
|
Series 2002-28, Class PK, 6.50%, 5/25/2032
|
183
|
189
|
Series 2002-37, Class Z, 6.50%, 6/25/2032
|
84
|
86
|
Series 2006-130, Class GI, IO, 6.50%, 7/25/2032
|
299
|
31
|
Series 2002-48, Class GH, 6.50%, 8/25/2032
|
229
|
239
|
Series 2004-61, Class SH, IF, 3.45%, 11/25/2032 (f)
|
26
|
27
|
Series 2002-71, Class AP, 5.00%, 11/25/2032
|
32
|
32
|
Series 2011-39, Class ZA, 6.00%, 11/25/2032
|
1,485
|
1,522
|
Series 2004-61, Class SK, IF, 8.50%, 11/25/2032 (f)
|
71
|
74
|
Series 2004-59, Class BG, PO, 12/25/2032
|
41
|
35
|
Series 2002-77, Class S, IF, 5.06%, 12/25/2032 (f)
|
34
|
35
|
Series 2002-78, Class Z, 5.50%, 12/25/2032
|
477
|
478
|
Series 2003-9, Class NZ, 6.50%, 2/25/2033
|
83
|
86
|
Series 2003-14, Class TI, IO, 5.00%, 3/25/2033
|
53
|
2
|
Series 2003-22, Class UD, 4.00%, 4/25/2033
|
838
|
810
|
Series 2003-35, Class EA, PO, 5/25/2033
|
26
|
22
|
Series 2003-42, Class GB, 4.00%, 5/25/2033
|
61
|
59
|
Series 2003-34, Class AX, 6.00%, 5/25/2033
|
132
|
136
|
Series 2003-34, Class ED, 6.00%, 5/25/2033
|
585
|
600
|
Series 2003-34, Class GE, 6.00%, 5/25/2033
|
378
|
390
|
Series 2003-39, IO, 6.00%, 5/25/2033 (f)
|
35
|
5
|
Series 2003-33, Class IA, IO, 6.50%, 5/25/2033
|
330
|
60
|
Series 2007-97, Class KI, IO, 7.00%, 5/25/2033
|
609
|
52
|
Series 2003-47, Class PE, 5.75%, 6/25/2033
|
272
|
279
|
Series 2003-64, Class SX, IF, 1.16%, 7/25/2033 (f)
|
86
|
80
|
Series 2003-132, Class OA, PO, 8/25/2033
|
7
|
6
|
Series 2003-71, Class DS, IF, 0.75%, 8/25/2033 (f)
|
445
|
396
|
Series 2003-74, Class SH, IF, 0.92%, 8/25/2033 (f)
|
62
|
57
|
Series 2005-56, Class TP, IF, 2.74%, 8/25/2033 (f)
|
50
|
48
|
Series 2003-72, Class IE, IO, 5.50%, 8/25/2033
|
864
|
129
|
Series 2003-73, Class HC, 5.50%, 8/25/2033
|
378
|
385
|
Series 2003-91, Class SD, IF, 3.94%, 9/25/2033 (f)
|
64
|
63
|
Series 2013-100, Class WB, 3.00%, 10/25/2033
|
6,518
|
6,167
|
Series 2003-105, Class AZ, 5.50%, 10/25/2033
|
3,013
|
3,062
|
Series 2003-116, Class SB, IF, IO, 2.46%, 11/25/2033 (f)
|
418
|
33
|
Series 2006-44, Class P, PO, 12/25/2033
|
370
|
310
|
Series 2003-122, Class ZJ, 6.00%, 12/25/2033
|
2,451
|
2,535
|
Series 2003-130, Class SX, IF, 3.81%, 1/25/2034 (f)
|
8
|
8
|
Series 2004-87, Class F, 5.89%, 1/25/2034 (f)
|
497
|
501
|
Series 2003-131, Class SK, IF, 5.92%, 1/25/2034 (f)
|
2
|
2
|
Series 2004-46, Class EP, PO, 3/25/2034
|
223
|
212
|
Series 2004-28, Class PF, 5.54%, 3/25/2034 (f)
|
205
|
205
|
Series 2004-25, Class SA, IF, 5.40%, 4/25/2034 (f)
|
151
|
157
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2004-17, Class H, 5.50%, 4/25/2034
|
937
|
956
|
Series 2004-46, Class SK, IF, 2.37%, 5/25/2034 (f)
|
40
|
39
|
Series 2004-46, Class QB, IF, 3.45%, 5/25/2034 (f)
|
81
|
86
|
Series 2004-36, Class SA, IF, 5.40%, 5/25/2034 (f)
|
373
|
404
|
Series 2004-36, Class FA, 5.54%, 5/25/2034 (f)
|
872
|
869
|
Series 2004-51, Class SY, IF, 3.96%, 7/25/2034 (f)
|
58
|
54
|
Series 2004-50, Class VZ, 5.50%, 7/25/2034
|
1,600
|
1,617
|
Series 2005-25, Class PF, 5.49%, 4/25/2035 (f)
|
426
|
418
|
Series 2005-42, Class PS, IF, 4.16%, 5/25/2035 (f)
|
14
|
14
|
Series 2005-74, Class CS, IF, 5.89%, 5/25/2035 (f)
|
192
|
194
|
Series 2005-74, Class CP, IF, 5.91%, 5/25/2035 (f)
|
44
|
42
|
Series 2005-74, Class SK, IF, 6.00%, 5/25/2035 (f)
|
132
|
133
|
Series 2005-59, Class SU, IF, 0.00%, 6/25/2035 (f)
|
121
|
111
|
Series 2005-56, Class S, IF, IO, 1.57%, 7/25/2035 (f)
|
246
|
21
|
Series 2005-66, Class SG, IF, 4.53%, 7/25/2035 (f)
|
122
|
131
|
Series 2005-73, Class PS, IF, 3.85%, 8/25/2035 (f)
|
126
|
130
|
Series 2005-72, Class SB, IF, 4.03%, 8/25/2035 (f)
|
90
|
94
|
Series 2005-68, Class PG, 5.50%, 8/25/2035
|
352
|
355
|
Series 2005-73, Class ZB, 5.50%, 8/25/2035
|
2,939
|
2,971
|
Series 2005-90, PO, 9/25/2035
|
21
|
20
|
Series 2005-75, Class SV, IF, 3.65%, 9/25/2035 (f)
|
26
|
26
|
Series 2010-39, Class OT, PO, 10/25/2035
|
91
|
75
|
Series 2005-90, Class ES, IF, 4.03%, 10/25/2035 (f)
|
125
|
128
|
Series 2005-84, Class XM, 5.75%, 10/25/2035
|
261
|
262
|
Series 2005-106, Class US, IF, 5.73%, 11/25/2035 (f)
|
544
|
565
|
Series 2005-110, Class GL, 5.50%, 12/25/2035
|
1,994
|
2,042
|
Series 2006-46, Class UC, 5.50%, 12/25/2035
|
60
|
60
|
Series 2005-109, Class PC, 6.00%, 12/25/2035
|
40
|
40
|
Series 2006-39, Class WC, 5.50%, 1/25/2036
|
21
|
21
|
Series 2006-16, Class OA, PO, 3/25/2036
|
63
|
54
|
Series 2006-8, Class WQ, PO, 3/25/2036
|
771
|
617
|
Series 2006-8, Class WN, IF, IO, 1.56%, 3/25/2036 (f)
|
2,828
|
286
|
Series 2006-12, Class BZ, 5.50%, 3/25/2036
|
803
|
814
|
Series 2006-16, Class HZ, 5.50%, 3/25/2036
|
168
|
168
|
Series 2006-8, Class JZ, 5.50%, 3/25/2036
|
993
|
1,006
|
Series 2006-11, Class PS, IF, 5.73%, 3/25/2036 (f)
|
75
|
88
|
Series 2006-22, Class AO, PO, 4/25/2036
|
236
|
201
|
Series 2006-23, Class KO, PO, 4/25/2036
|
73
|
66
|
Series 2006-27, Class OH, PO, 4/25/2036
|
131
|
113
|
Series 2006-23, Class FK, 5.39%, 4/25/2036 (f)
|
440
|
431
|
Series 2006-33, Class LS, IF, 7.03%, 5/25/2036 (f)
|
76
|
89
|
Series 2006-43, PO, 6/25/2036
|
65
|
56
|
Series 2006-43, Class DO, PO, 6/25/2036
|
197
|
165
|
Series 2006-44, Class GO, PO, 6/25/2036
|
133
|
113
|
Series 2006-50, Class JO, PO, 6/25/2036
|
476
|
397
|
Series 2006-50, Class PS, PO, 6/25/2036
|
571
|
497
|
Series 2006-53, Class US, IF, IO, 1.44%, 6/25/2036 (f)
|
545
|
46
|
Series 2006-46, Class SW, IF, 5.36%, 6/25/2036 (f)
|
22
|
24
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2006-46, Class FW, 5.54%, 6/25/2036 (f)
|
136
|
135
|
Series 2006-58, PO, 7/25/2036
|
80
|
67
|
Series 2006-58, Class AP, PO, 7/25/2036
|
43
|
36
|
Series 2006-58, Class IG, IF, IO, 1.38%, 7/25/2036 (f)
|
138
|
10
|
Series 2006-56, Class FC, 5.43%, 7/25/2036 (f)
|
1,211
|
1,203
|
Series 2006-58, Class FL, 5.60%, 7/25/2036 (f)
|
129
|
127
|
Series 2006-71, Class ZL, 6.00%, 7/25/2036
|
1,624
|
1,671
|
Series 2006-63, Class ZH, 6.50%, 7/25/2036
|
851
|
896
|
Series 2011-19, Class ZY, 6.50%, 7/25/2036
|
1,128
|
1,185
|
Series 2006-60, Class AK, IF, 8.25%, 7/25/2036 (f)
|
82
|
82
|
Series 2006-62, Class PS, IF, 9.07%, 7/25/2036 (f)
|
56
|
73
|
Series 2006-72, Class GO, PO, 8/25/2036
|
261
|
232
|
Series 2006-72, Class TO, PO, 8/25/2036
|
44
|
37
|
Series 2006-79, Class DO, PO, 8/25/2036
|
110
|
97
|
Series 2006-79, Class OP, PO, 8/25/2036
|
162
|
131
|
Series 2007-7, Class SG, IF, IO, 1.36%, 8/25/2036 (f)
|
810
|
105
|
Series 2006-79, Class DF, 5.49%, 8/25/2036 (f)
|
466
|
463
|
Series 2006-77, Class PC, 6.50%, 8/25/2036
|
362
|
372
|
Series 2006-78, Class BZ, 6.50%, 8/25/2036
|
86
|
90
|
Series 2006-86, Class OB, PO, 9/25/2036
|
146
|
118
|
Series 2006-90, Class AO, PO, 9/25/2036
|
106
|
92
|
Series 2008-42, Class AO, PO, 9/25/2036
|
63
|
52
|
Series 2006-85, Class MZ, 6.50%, 9/25/2036
|
33
|
35
|
Series 2009-19, Class PW, 4.50%, 10/25/2036
|
691
|
676
|
Series 2006-95, Class SG, IF, 5.65%, 10/25/2036 (f)
|
89
|
102
|
Series 2006-109, PO, 11/25/2036
|
45
|
38
|
Series 2006-111, Class EO, PO, 11/25/2036
|
123
|
102
|
Series 2006-115, Class OK, PO, 12/25/2036
|
128
|
105
|
Series 2006-119, PO, 12/25/2036
|
69
|
61
|
Series 2006-117, Class GS, IF, IO, 1.51%, 12/25/2036 (f)
|
536
|
29
|
Series 2006-118, Class A1, 5.08%, 12/25/2036 (f)
|
232
|
224
|
Series 2006-118, Class A2, 5.40%, 12/25/2036 (f)
|
1,058
|
1,026
|
Series 2006-115, Class ES, IF, 6.01%, 12/25/2036 (f)
|
14
|
16
|
Series 2006-128, PO, 1/25/2037
|
129
|
107
|
Series 2009-70, Class CO, PO, 1/25/2037
|
375
|
315
|
Series 2006-128, Class BP, 5.50%, 1/25/2037
|
44
|
44
|
Series 2007-10, Class FD, 5.39%, 2/25/2037 (f)
|
230
|
226
|
Series 2007-1, Class SD, IF, 8.17%, 2/25/2037 (f)
|
73
|
121
|
Series 2007-14, Class OP, PO, 3/25/2037
|
111
|
94
|
Series 2007-22, Class SC, IF, IO, 0.94%, 3/25/2037 (f)
|
16
|
—
|
Series 2007-14, Class ES, IF, IO, 1.30%, 3/25/2037 (f)
|
911
|
76
|
Series 2009-63, Class P, 5.00%, 3/25/2037
|
14
|
14
|
Series 2007-77, Class FG, 5.64%, 3/25/2037 (f)
|
254
|
251
|
Series 2007-16, Class FC, 5.89%, 3/25/2037 (f)
|
154
|
152
|
Series 2007-18, Class MZ, 6.00%, 3/25/2037
|
254
|
256
|
Series 2007-28, Class EO, PO, 4/25/2037
|
343
|
285
|
Series 2007-35, Class SI, IF, IO, 0.96%, 4/25/2037 (f)
|
291
|
10
|
Series 2007-29, Class SG, IF, 5.54%, 4/25/2037 (f)
|
178
|
195
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2007-42, Class AO, PO, 5/25/2037
|
22
|
19
|
Series 2007-43, Class FL, 5.44%, 5/25/2037 (f)
|
182
|
177
|
Series 2007-42, Class B, 6.00%, 5/25/2037
|
492
|
506
|
Series 2007-92, Class YS, IF, IO, 0.64%, 6/25/2037 (f)
|
150
|
10
|
Series 2007-53, Class SH, IF, IO, 0.96%, 6/25/2037 (f)
|
625
|
43
|
Series 2007-54, Class WI, IF, IO, 0.96%, 6/25/2037 (f)
|
179
|
15
|
Series 2007-98, Class FB, 5.59%, 6/25/2037 (f)
|
103
|
105
|
Series 2007-92, Class YA, 6.50%, 6/25/2037
|
90
|
94
|
Series 2007-67, PO, 7/25/2037
|
253
|
216
|
Series 2007-72, Class EK, IF, IO, 1.26%, 7/25/2037 (f)
|
1,667
|
156
|
Series 2007-65, Class KI, IF, IO, 1.48%, 7/25/2037 (f)
|
567
|
54
|
Series 2007-60, Class AX, IF, IO, 2.01%, 7/25/2037 (f)
|
2,617
|
318
|
Series 2007-62, Class SE, IF, 3.66%, 7/25/2037 (f)
|
115
|
113
|
Series 2007-70, Class Z, 5.50%, 7/25/2037
|
606
|
614
|
Series 2007-97, Class FC, 5.64%, 7/25/2037 (f)
|
150
|
148
|
Series 2007-79, Class SB, IF, 5.18%, 8/25/2037 (f)
|
217
|
244
|
Series 2007-76, Class AZ, 5.50%, 8/25/2037
|
157
|
158
|
Series 2007-76, Class ZG, 6.00%, 8/25/2037
|
162
|
164
|
Series 2007-78, Class CB, 6.00%, 8/25/2037
|
71
|
74
|
Series 2007-78, Class PE, 6.00%, 8/25/2037
|
164
|
170
|
Series 2007-81, Class GE, 6.00%, 8/25/2037
|
246
|
259
|
Series 2007-88, Class VI, IF, IO, 1.40%, 9/25/2037 (f)
|
863
|
83
|
Series 2007-85, Class SL, IF, 3.31%, 9/25/2037 (f)
|
47
|
46
|
Series 2009-86, Class OT, PO, 10/25/2037
|
2,258
|
1,849
|
Series 2007-100, Class SM, IF, IO, 1.31%, 10/25/2037 (f)
|
591
|
54
|
Series 2007-91, Class ES, IF, IO, 1.32%, 10/25/2037 (f)
|
939
|
81
|
Series 2007-108, Class SA, IF, IO, 1.22%, 12/25/2037 (f)
|
27
|
2
|
Series 2007-109, Class AI, IF, IO, 1.26%, 12/25/2037 (f)
|
807
|
51
|
Series 2007-112, Class SA, IF, IO, 1.31%, 12/25/2037 (f)
|
907
|
98
|
Series 2007-112, Class MJ, 6.50%, 12/25/2037
|
636
|
662
|
Series 2007-116, Class HI, IO, 0.00%, 1/25/2038 (f)
|
1,259
|
47
|
Series 2008-1, Class BI, IF, IO, 0.77%, 2/25/2038 (f)
|
686
|
52
|
Series 2008-4, Class SD, IF, IO, 0.86%, 2/25/2038 (f)
|
1,859
|
137
|
Series 2008-16, Class IS, IF, IO, 1.06%, 3/25/2038 (f)
|
233
|
16
|
Series 2008-10, Class XI, IF, IO, 1.09%, 3/25/2038 (f)
|
252
|
22
|
Series 2008-20, Class SA, IF, IO, 1.85%, 3/25/2038 (f)
|
320
|
28
|
Series 2008-18, Class SP, IF, 3.72%, 3/25/2038 (f)
|
123
|
109
|
Series 2008-18, Class FA, 6.04%, 3/25/2038 (f)
|
164
|
164
|
Series 2008-32, Class SA, IF, IO, 1.71%, 4/25/2038 (f)
|
123
|
11
|
Series 2008-27, Class SN, IF, IO, 1.76%, 4/25/2038 (f)
|
292
|
30
|
Series 2008-28, Class QS, IF, 5.29%, 4/25/2038 (f)
|
118
|
125
|
Series 2008-44, PO, 5/25/2038
|
10
|
9
|
Series 2008-46, Class HI, IO, 0.44%, 6/25/2038 (f)
|
222
|
11
|
Series 2008-53, Class CI, IF, IO, 2.06%, 7/25/2038 (f)
|
176
|
17
|
Series 2008-56, Class AC, 5.00%, 7/25/2038
|
145
|
143
|
Series 2008-60, Class JC, 5.00%, 7/25/2038
|
203
|
201
|
Series 2011-47, Class ZA, 5.50%, 7/25/2038
|
718
|
734
|
Series 2008-80, Class SA, IF, IO, 0.71%, 9/25/2038 (f)
|
649
|
46
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2008-81, Class SB, IF, IO, 0.71%, 9/25/2038 (f)
|
641
|
37
|
Series 2009-6, Class GS, IF, IO, 1.41%, 2/25/2039 (f)
|
444
|
42
|
Series 2009-4, Class BD, 4.50%, 2/25/2039
|
8
|
7
|
Series 2009-17, Class QS, IF, IO, 1.51%, 3/25/2039 (f)
|
136
|
10
|
Series 2009-52, Class PI, IO, 5.00%, 7/25/2039
|
323
|
57
|
Series 2009-47, Class MT, 7.00%, 7/25/2039
|
8
|
9
|
Series 2009-59, Class HB, 5.00%, 8/25/2039
|
1,283
|
1,283
|
Series 2009-60, Class HT, 6.00%, 8/25/2039
|
1,582
|
1,660
|
Series 2009-65, Class MT, 5.00%, 9/25/2039
|
290
|
294
|
Series 2009-69, Class WA, 6.03%, 9/25/2039 (f)
|
481
|
489
|
Series 2009-84, Class WS, IF, IO, 0.76%, 10/25/2039 (f)
|
191
|
12
|
Series 2009-86, Class IP, IO, 5.50%, 10/25/2039
|
773
|
142
|
Series 2009-99, Class SC, IF, IO, 1.04%, 12/25/2039 (f)
|
244
|
16
|
Series 2009-103, Class MB, 4.41%, 12/25/2039 (f)
|
577
|
569
|
Series 2009-99, Class WA, 6.30%, 12/25/2039 (f)
|
1,296
|
1,323
|
Series 2009-112, Class ST, IF, IO, 1.11%, 1/25/2040 (f)
|
550
|
46
|
Series 2010-1, Class WA, 6.23%, 2/25/2040 (f)
|
222
|
227
|
Series 2010-49, Class SC, IF, 2.38%, 3/25/2040 (f)
|
830
|
810
|
Series 2010-16, Class WB, 6.16%, 3/25/2040 (f)
|
948
|
970
|
Series 2010-16, Class WA, 6.44%, 3/25/2040 (f)
|
876
|
895
|
Series 2010-35, Class SJ, IF, 0.54%, 4/25/2040 (f)
|
527
|
506
|
Series 2010-35, Class SB, IF, IO, 1.28%, 4/25/2040 (f)
|
361
|
27
|
Series 2010-40, Class FJ, 5.74%, 4/25/2040 (f)
|
118
|
118
|
Series 2010-42, Class S, IF, IO, 1.26%, 5/25/2040 (f)
|
255
|
16
|
Series 2010-63, Class AP, PO, 6/25/2040
|
307
|
257
|
Series 2010-64, Class DM, 5.00%, 6/25/2040
|
1,752
|
1,752
|
Series 2010-58, Class MB, 5.50%, 6/25/2040
|
3,343
|
3,355
|
Series 2010-71, Class HJ, 5.50%, 7/25/2040
|
1,143
|
1,178
|
Series 2010-102, Class PN, 5.00%, 9/25/2040
|
1,185
|
1,188
|
Series 2010-125, Class SA, IF, IO, 0.00%, 11/25/2040 (f)
|
1,453
|
43
|
Series 2010-147, Class SA, IF, IO, 1.39%, 1/25/2041 (f)
|
2,853
|
344
|
Series 2011-30, Class LS, IO, 0.00%, 4/25/2041 (f)
|
2,012
|
105
|
Series 2011-149, Class EF, 5.64%, 7/25/2041 (f)
|
146
|
145
|
Series 2011-75, Class FA, 5.69%, 8/25/2041 (f)
|
375
|
373
|
Series 2011-149, Class MF, 5.64%, 11/25/2041 (f)
|
627
|
620
|
Series 2011-118, Class LB, 7.00%, 11/25/2041
|
3,495
|
3,737
|
Series 2011-118, Class MT, 7.00%, 11/25/2041
|
4,266
|
4,538
|
Series 2011-118, Class NT, 7.00%, 11/25/2041
|
3,671
|
3,880
|
Series 2012-99, Class FA, 5.59%, 9/25/2042 (f)
|
1,021
|
991
|
Series 2012-101, Class FC, 5.64%, 9/25/2042 (f)
|
577
|
561
|
Series 2012-97, Class FB, 5.64%, 9/25/2042 (f)
|
2,078
|
2,020
|
Series 2012-108, Class F, 5.64%, 10/25/2042 (f)
|
1,623
|
1,579
|
Series 2013-81, Class TA, 3.00%, 2/25/2043
|
2,459
|
2,355
|
Series 2013-4, Class AJ, 3.50%, 2/25/2043
|
1,311
|
1,238
|
Series 2013-92, PO, 9/25/2043
|
4,186
|
3,190
|
Series 2013-101, Class DO, PO, 10/25/2043
|
3,734
|
2,781
|
Series 2013-128, PO, 12/25/2043
|
6,521
|
5,035
|
Series 2013-135, PO, 1/25/2044
|
2,379
|
1,778
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2014-29, Class PS, IF, IO, 0.91%, 5/25/2044 (f)
|
2,104
|
200
|
Series 2018-63, Class DA, 3.50%, 9/25/2048
|
1,658
|
1,546
|
Series 2018-94, Class DZ, 4.00%, 1/25/2049
|
11,542
|
10,933
|
Series 2010-103, Class SB, IF, IO, 0.96%, 11/25/2049 (f)
|
380
|
31
|
Series 2020-90, Class PE, 2.00%, 12/25/2050
|
12,397
|
10,085
|
Series 2011-2, Class WA, 5.86%, 2/25/2051 (f)
|
333
|
336
|
Series 2011-58, Class WA, 5.50%, 7/25/2051 (f)
|
164
|
165
|
FNMA, REMIC Trust, Whole Loan
|
|
|
Series 2004-W10, Class A6, 5.75%, 8/25/2034
|
2,043
|
2,045
|
Series 2007-W3, Class 1A3, 6.75%, 4/25/2037
|
116
|
117
|
Series 2007-W5, PO, 6/25/2037
|
100
|
77
|
Series 2007-W7, Class 1A4, IF, 8.35%, 7/25/2037 (f)
|
67
|
79
|
Series 2002-W6, Class 1A6, 6.15%, 6/25/2042
|
10,888
|
10,834
|
Series 2003-W4, Class 2A, 5.17%, 10/25/2042 (f)
|
74
|
74
|
Series 2003-W1, Class 1A1, 4.82%, 12/25/2042 (f)
|
534
|
512
|
Series 2003-W1, Class 2A, 5.23%, 12/25/2042 (f)
|
149
|
144
|
Series 2004-W11, Class 1A1, 6.00%, 5/25/2044
|
418
|
428
|
Series 2005-W1, Class 1A2, 6.50%, 10/25/2044
|
753
|
781
|
Series 2006-W3, Class 2A, 6.00%, 9/25/2046
|
479
|
474
|
Series 2007-W10, Class 2A, 6.30%, 8/25/2047 (f)
|
55
|
54
|
Series 2009-W1, Class A, 6.00%, 12/25/2049
|
1,709
|
1,734
|
FNMA, REMIC, Whole Loan
|
|
|
Series 2007-101, Class A2, 4.34%, 6/27/2036 (f)
|
1,790
|
1,767
|
Series 2007-54, Class FA, 5.54%, 6/25/2037 (f)
|
862
|
843
|
Series 2007-64, Class FB, 5.51%, 7/25/2037 (f)
|
271
|
268
|
Series 2007-106, Class A7, 6.06%, 10/25/2037 (f)
|
182
|
188
|
Series 2002-90, Class A1, 6.50%, 6/25/2042
|
303
|
314
|
FNMA, STRIPS
|
|
|
Series 265, Class 2, 9.00%, 3/25/2024
|
—
|
—
|
Series 300, Class 1, PO, 9/25/2024
|
21
|
21
|
Series 329, Class 1, PO, 1/25/2033
|
32
|
28
|
Series 345, Class 6, IO, 5.00%, 12/25/2033 (f)
|
46
|
6
|
Series 365, Class 8, IO, 5.50%, 5/25/2036
|
175
|
36
|
Series 374, Class 5, IO, 5.50%, 8/25/2036
|
122
|
22
|
Series 393, Class 6, IO, 5.50%, 4/25/2037
|
45
|
5
|
Series 383, Class 33, IO, 6.00%, 1/25/2038
|
118
|
23
|
Series 412, Class F2, 5.64%, 8/25/2042 (f)
|
2,120
|
2,125
|
Series 411, Class F1, 5.69%, 8/25/2042 (f)
|
4,795
|
4,786
|
FNMA, Whole Loan Series 2007-W1, Class 1AF1, 5.40%, 11/25/2046 (f)
|
3,476
|
3,437
|
GMACM Mortgage Loan Trust Series 2005-AR3, Class 3A4, 3.60%, 6/19/2035 (f)
|
236
|
219
|
GNMA
|
|
|
Series 1999-4, Class ZB, 6.00%, 2/20/2029
|
275
|
274
|
Series 2001-35, Class SA, IF, IO, 3.14%, 8/16/2031 (f)
|
60
|
—
|
Series 2002-52, Class GH, 6.50%, 7/20/2032
|
291
|
290
|
Series 2011-43, Class ZQ, 5.50%, 1/16/2033
|
1,472
|
1,468
|
Series 2003-58, Class BE, 6.50%, 1/20/2033
|
381
|
380
|
Series 2003-12, Class SP, IF, IO, 2.75%, 2/20/2033 (f)
|
92
|
1
|
Series 2003-25, Class PZ, 5.50%, 4/20/2033
|
812
|
809
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2003-46, Class MG, 6.50%, 5/20/2033
|
298
|
298
|
Series 2003-52, Class AP, PO, 6/16/2033
|
159
|
146
|
Series 2003-75, Class ZX, 6.00%, 9/16/2033
|
470
|
473
|
Series 2010-41, Class WA, 5.83%, 10/20/2033 (f)
|
551
|
561
|
Series 2003-97, Class SA, IF, IO, 1.44%, 11/16/2033 (f)
|
250
|
6
|
Series 2003-112, Class SA, IF, IO, 6.04%, 12/16/2033 (f)
|
312
|
6
|
Series 2004-28, Class S, IF, 5.62%, 4/16/2034 (f)
|
150
|
158
|
Series 2005-7, Class JM, IF, 5.49%, 5/18/2034 (f)
|
5
|
5
|
Series 2004-46, PO, 6/20/2034
|
264
|
243
|
Series 2004-49, Class Z, 6.00%, 6/20/2034
|
1,085
|
1,101
|
Series 2010-103, Class WA, 5.68%, 8/20/2034 (f)
|
298
|
304
|
Series 2004-73, Class JL, IF, IO, 1.44%, 9/16/2034 (f)
|
1,107
|
89
|
Series 2004-71, Class SB, IF, 4.18%, 9/20/2034 (f)
|
112
|
114
|
Series 2004-71, Class ST, IF, 7.00%, 9/20/2034 (f)
|
112
|
113
|
Series 2004-89, Class LS, IF, 5.66%, 10/16/2034 (f)
|
96
|
101
|
Series 2004-90, Class SI, IF, IO, 0.95%, 10/20/2034 (f)
|
1,571
|
75
|
Series 2004-96, Class SC, IF, IO, 0.93%, 11/20/2034 (f)
|
940
|
1
|
Series 2005-3, Class SK, IF, IO, 1.60%, 1/20/2035 (f)
|
1,036
|
76
|
Series 2005-68, Class DP, IF, 4.13%, 6/17/2035 (f)
|
289
|
292
|
Series 2008-79, Class CS, IF, 1.65%, 6/20/2035 (f)
|
520
|
483
|
Series 2005-56, Class IC, IO, 5.50%, 7/20/2035
|
102
|
14
|
Series 2005-66, Class SP, IF, 3.82%, 8/16/2035 (f)
|
62
|
61
|
Series 2010-14, Class CO, PO, 8/20/2035
|
608
|
526
|
Series 2005-65, Class SA, IF, 3.23%, 8/20/2035 (f)
|
27
|
25
|
Series 2005-68, Class KI, IF, IO, 1.15%, 9/20/2035 (f)
|
2,114
|
173
|
Series 2005-72, Class AZ, 5.50%, 9/20/2035
|
525
|
529
|
Series 2005-82, PO, 10/20/2035
|
146
|
124
|
Series 2010-14, Class BO, PO, 11/20/2035
|
213
|
175
|
Series 2005-91, Class PI, IO, 6.00%, 12/20/2035
|
218
|
26
|
Series 2006-16, Class OP, PO, 3/20/2036
|
177
|
153
|
Series 2006-22, Class AO, PO, 5/20/2036
|
253
|
230
|
Series 2006-38, Class SW, IF, IO, 1.35%, 6/20/2036 (f)
|
1
|
—
|
Series 2006-34, PO, 7/20/2036
|
34
|
30
|
Series 2006-33, Class Z, 6.50%, 7/20/2036
|
1,116
|
1,154
|
Series 2006-38, Class ZK, 6.50%, 8/20/2036
|
1,425
|
1,428
|
Series 2006-59, Class SD, IF, IO, 1.55%, 10/20/2036 (f)
|
328
|
19
|
Series 2006-57, Class PZ, 5.56%, 10/20/2036
|
627
|
623
|
Series 2006-65, Class SA, IF, IO, 1.65%, 11/20/2036 (f)
|
566
|
8
|
Series 2011-22, Class WA, 5.87%, 2/20/2037 (f)
|
216
|
221
|
Series 2007-57, PO, 3/20/2037
|
206
|
198
|
Series 2007-9, Class CI, IF, IO, 1.05%, 3/20/2037 (f)
|
663
|
32
|
Series 2007-17, Class JO, PO, 4/16/2037
|
348
|
291
|
Series 2007-17, Class JI, IF, IO, 1.70%, 4/16/2037 (f)
|
896
|
79
|
Series 2007-19, Class SD, IF, IO, 1.05%, 4/20/2037 (f)
|
332
|
6
|
Series 2010-129, Class AW, 5.91%, 4/20/2037 (f)
|
377
|
385
|
Series 2007-25, Class FN, 5.41%, 5/16/2037 (f)
|
281
|
277
|
Series 2007-28, Class BO, PO, 5/20/2037
|
50
|
43
|
Series 2007-26, Class SC, IF, IO, 1.05%, 5/20/2037 (f)
|
599
|
22
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2007-27, Class SD, IF, IO, 1.05%, 5/20/2037 (f)
|
665
|
21
|
Series 2007-35, PO, 6/16/2037
|
895
|
767
|
Series 2007-36, Class HO, PO, 6/16/2037
|
93
|
85
|
Series 2007-36, Class SE, IF, IO, 1.36%, 6/16/2037 (f)
|
400
|
13
|
Series 2007-36, Class SJ, IF, IO, 1.10%, 6/20/2037 (f)
|
483
|
9
|
Series 2007-45, Class QA, IF, IO, 1.49%, 7/20/2037 (f)
|
766
|
36
|
Series 2007-40, Class SN, IF, IO, 1.53%, 7/20/2037 (f)
|
732
|
21
|
Series 2007-40, Class SD, IF, IO, 1.60%, 7/20/2037 (f)
|
528
|
28
|
Series 2007-53, Class ES, IF, IO, 1.40%, 9/20/2037 (f)
|
542
|
19
|
Series 2007-53, Class SW, IF, 4.76%, 9/20/2037 (f)
|
121
|
125
|
Series 2008-32, Class PI, IO, 5.50%, 10/16/2037
|
3
|
—
|
Series 2008-7, Class SP, IF, 3.10%, 10/20/2037 (f)
|
90
|
83
|
Series 2009-79, Class OK, PO, 11/16/2037
|
947
|
808
|
Series 2007-74, Class SL, IF, IO, 1.43%, 11/16/2037 (f)
|
651
|
23
|
Series 2007-73, Class MI, IF, IO, 0.85%, 11/20/2037 (f)
|
606
|
12
|
Series 2007-76, Class SB, IF, IO, 1.35%, 11/20/2037 (f)
|
1,177
|
21
|
Series 2007-67, Class SI, IF, IO, 1.36%, 11/20/2037 (f)
|
642
|
21
|
Series 2007-72, Class US, IF, IO, 1.40%, 11/20/2037 (f)
|
534
|
11
|
Series 2008-7, Class SK, IF, 4.50%, 11/20/2037 (f)
|
63
|
60
|
Series 2007-79, Class SY, IF, IO, 1.40%, 12/20/2037 (f)
|
789
|
24
|
Series 2008-1, PO, 1/20/2038
|
35
|
30
|
Series 2015-137, Class WA, 5.55%, 1/20/2038 (f)
|
2,179
|
2,242
|
Series 2009-106, Class ST, IF, IO, 0.85%, 2/20/2038 (f)
|
4,925
|
222
|
Series 2008-17, IO, 5.50%, 2/20/2038
|
117
|
—
|
Series 2008-33, Class XS, IF, IO, 2.59%, 4/16/2038 (f)
|
345
|
20
|
Series 2008-36, Class SH, IF, IO, 1.15%, 4/20/2038 (f)
|
780
|
—
|
Series 2008-40, Class SA, IF, IO, 1.29%, 5/16/2038 (f)
|
2,591
|
148
|
Series 2008-55, Class SA, IF, IO, 1.05%, 6/20/2038 (f)
|
194
|
6
|
Series 2008-50, Class KB, 6.00%, 6/20/2038
|
406
|
414
|
Series 2008-60, Class CS, IF, IO, 1.00%, 7/20/2038 (f)
|
665
|
14
|
Series 2008-69, Class QD, 5.75%, 7/20/2038
|
233
|
232
|
Series 2008-71, Class SC, IF, IO, 0.85%, 8/20/2038 (f)
|
227
|
4
|
Series 2012-59, Class WA, 5.58%, 8/20/2038 (f)
|
989
|
1,005
|
Series 2008-76, Class US, IF, IO, 0.75%, 9/20/2038 (f)
|
806
|
23
|
Series 2008-81, Class S, IF, IO, 1.05%, 9/20/2038 (f)
|
1,690
|
32
|
Series 2009-25, Class SE, IF, IO, 2.45%, 9/20/2038 (f)
|
346
|
15
|
Series 2011-97, Class WA, 6.12%, 11/20/2038 (f)
|
552
|
572
|
Series 2008-93, Class AS, IF, IO, 0.55%, 12/20/2038 (f)
|
917
|
41
|
Series 2008-96, Class SL, IF, IO, 0.85%, 12/20/2038 (f)
|
496
|
8
|
Series 2008-95, Class DS, IF, IO, 2.15%, 12/20/2038 (f)
|
1,466
|
58
|
Series 2011-163, Class WA, 5.89%, 12/20/2038 (f)
|
2,320
|
2,386
|
Series 2014-6, Class W, 5.34%, 1/20/2039 (f)
|
1,644
|
1,663
|
Series 2009-6, Class SA, IF, IO, 0.99%, 2/16/2039 (f)
|
313
|
—
|
Series 2009-11, Class SC, IF, IO, 1.04%, 2/16/2039 (f)
|
460
|
9
|
Series 2009-10, Class SA, IF, IO, 0.80%, 2/20/2039 (f)
|
637
|
29
|
Series 2009-6, Class SH, IF, IO, 0.89%, 2/20/2039 (f)
|
387
|
—
|
Series 2009-31, Class TS, IF, IO, 1.15%, 3/20/2039 (f)
|
383
|
5
|
Series 2009-14, Class KI, IO, 6.50%, 3/20/2039
|
221
|
25
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2009-14, Class NI, IO, 6.50%, 3/20/2039
|
492
|
55
|
Series 2009-22, Class SA, IF, IO, 1.12%, 4/20/2039 (f)
|
1,037
|
52
|
Series 2009-35, Class ZB, 5.50%, 5/16/2039
|
9,077
|
9,080
|
Series 2009-33, Class CI, IO, 5.50%, 5/20/2039
|
137
|
15
|
Series 2009-33, Class TI, IO, 6.00%, 5/20/2039
|
186
|
24
|
Series 2009-43, Class SA, IF, IO, 0.80%, 6/20/2039 (f)
|
622
|
20
|
Series 2009-42, Class SC, IF, IO, 0.93%, 6/20/2039 (f)
|
853
|
54
|
Series 2009-64, Class SN, IF, IO, 0.99%, 7/16/2039 (f)
|
803
|
41
|
Series 2009-72, Class SM, IF, IO, 1.14%, 8/16/2039 (f)
|
955
|
58
|
Series 2009-104, Class AB, 7.00%, 8/16/2039
|
143
|
142
|
Series 2009-81, Class SB, IF, IO, 0.94%, 9/20/2039 (f)
|
1,685
|
114
|
Series 2009-75, Class MN, 5.50%, 9/20/2039
|
2,708
|
2,759
|
Series 2009-106, Class AS, IF, IO, 1.29%, 11/16/2039 (f)
|
1,391
|
111
|
Series 2013-147, Class BE, 4.00%, 12/20/2039
|
3,874
|
3,719
|
Series 2015-91, Class W, 5.25%, 5/20/2040 (f)
|
1,976
|
1,998
|
Series 2013-75, Class WA, 5.11%, 6/20/2040 (f)
|
553
|
555
|
Series 2011-137, Class WA, 5.59%, 7/20/2040 (f)
|
955
|
991
|
Series 2010-130, Class CP, 7.00%, 10/16/2040
|
1,748
|
1,853
|
Series 2010-157, Class OP, PO, 12/20/2040
|
1,905
|
1,597
|
Series 2011-75, Class SM, IF, IO, 1.45%, 5/20/2041 (f)
|
1,247
|
67
|
Series 2013-26, Class AK, 4.69%, 9/20/2041 (f)
|
1,341
|
1,335
|
Series 2014-188, Class W, 4.56%, 10/20/2041 (f)
|
1,303
|
1,281
|
Series 2012-141, Class WA, 4.52%, 11/16/2041 (f)
|
1,551
|
1,524
|
Series 2011-157, Class UY, 3.00%, 12/20/2041
|
1,500
|
1,329
|
Series 2012-141, Class WC, 3.71%, 1/20/2042 (f)
|
1,309
|
1,253
|
Series 2012-141, Class WB, 4.02%, 9/16/2042 (f)
|
870
|
842
|
Series 2014-41, Class W, 4.69%, 10/20/2042 (f)
|
1,453
|
1,430
|
Series 2013-54, Class WA, 4.89%, 11/20/2042 (f)
|
888
|
884
|
Series 2013-91, Class WA, 4.45%, 4/20/2043 (f)
|
1,185
|
1,144
|
Series 2019-78, Class SW, IF, IO, 0.95%, 6/20/2049 (f)
|
8,151
|
474
|
Series 2020-134, Class ST, IF, IO, 0.00%, 9/20/2050 (f)
|
47,687
|
1,510
|
Series 2021-201, Class Z, 3.00%, 11/20/2051
|
16,832
|
12,134
|
Series 2012-H24, Class FA, 5.31%, 3/20/2060 (f)
|
155
|
152
|
Series 2012-H24, Class FG, 5.29%, 4/20/2060 (f)
|
76
|
75
|
Series 2013-H03, Class FA, 5.16%, 8/20/2060 (f)
|
2
|
2
|
Series 2011-H05, Class FB, 5.36%, 12/20/2060 (f)
|
1,034
|
1,026
|
Series 2011-H06, Class FA, 5.31%, 2/20/2061 (f)
|
1,114
|
1,106
|
Series 2012-H21, Class CF, 4.87%, 5/20/2061 (f)
|
69
|
68
|
Series 2011-H19, Class FA, 5.33%, 8/20/2061 (f)
|
822
|
816
|
Series 2012-H26, Class JA, 3.94%, 10/20/2061 (f)
|
20
|
19
|
Series 2012-H10, Class FA, 5.41%, 12/20/2061 (f)
|
7,083
|
7,043
|
Series 2012-H08, Class FB, 5.46%, 3/20/2062 (f)
|
1,973
|
1,964
|
Series 2013-H07, Class MA, 3.95%, 4/20/2062 (f)
|
9
|
9
|
Series 2012-H08, Class FS, 5.56%, 4/20/2062 (f)
|
3,684
|
3,667
|
Series 2012-H15, Class FA, 5.31%, 5/20/2062 (f)
|
—
|
—
|
Series 2012-H26, Class MA, 4.88%, 7/20/2062 (f)
|
38
|
38
|
Series 2012-H18, Class NA, 5.38%, 8/20/2062 (f)
|
491
|
488
|
Series 2012-H28, Class FA, 4.97%, 9/20/2062 (f)
|
47
|
47
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2012-H24, Class FE, 4.60%, 10/20/2062 (f)
|
61
|
60
|
Series 2012-H29, Class FA, 5.37%, 10/20/2062 (f)
|
4,675
|
4,647
|
Series 2013-H02, Class HF, 5.09%, 11/20/2062 (f)
|
3
|
3
|
Series 2023-48, Class W, 4.01%, 12/20/2062 (f)
|
12,685
|
11,886
|
Series 2013-H01, Class FA, 1.65%, 1/20/2063
|
7
|
6
|
Series 2013-H01, Class JA, 5.18%, 1/20/2063 (f)
|
1,868
|
1,848
|
Series 2013-H04, Class SA, 5.28%, 2/20/2063 (f)
|
1,179
|
1,166
|
Series 2013-H08, Class FC, 5.31%, 2/20/2063 (f)
|
1,401
|
1,390
|
Series 2013-H07, Class HA, 5.27%, 3/20/2063 (f)
|
2,509
|
2,487
|
Series 2013-H09, Class HA, 1.65%, 4/20/2063
|
66
|
61
|
Series 2013-H14, Class FG, 5.33%, 5/20/2063 (f)
|
614
|
609
|
Series 2013-H14, Class FC, 5.33%, 6/20/2063 (f)
|
528
|
524
|
Series 2014-H01, Class FD, 5.51%, 1/20/2064 (f)
|
5,948
|
5,929
|
Series 2014-H05, Class FA, 5.55%, 2/20/2064 (f)
|
8,075
|
8,036
|
Series 2014-H06, Class HB, 5.51%, 3/20/2064 (f)
|
1,227
|
1,222
|
Series 2014-H09, Class TA, 5.46%, 4/20/2064 (f)
|
3,918
|
3,903
|
Series 2014-H10, Class TA, 5.46%, 4/20/2064 (f)
|
12,195
|
12,106
|
Series 2014-H11, Class VA, 5.36%, 6/20/2064 (f)
|
12,623
|
12,504
|
Series 2014-H15, Class FA, 5.36%, 7/20/2064 (f)
|
12,621
|
12,505
|
Series 2014-H17, Class FC, 5.36%, 7/20/2064 (f)
|
8,349
|
8,240
|
Series 2014-H19, Class FE, 5.33%, 9/20/2064 (f)
|
10,965
|
10,867
|
Series 2014-H20, Class LF, 5.46%, 10/20/2064 (f)
|
6,340
|
6,268
|
Series 2015-H02, Class FB, 5.36%, 12/20/2064 (f)
|
2,911
|
2,891
|
Series 2015-H03, Class FA, 5.36%, 12/20/2064 (f)
|
2,783
|
2,766
|
Series 2015-H07, Class ES, 5.17%, 2/20/2065 (f)
|
5,088
|
5,043
|
Series 2015-H05, Class FC, 5.34%, 2/20/2065 (f)
|
21,043
|
20,782
|
Series 2015-H06, Class FA, 5.34%, 2/20/2065 (f)
|
8,493
|
8,424
|
Series 2015-H08, Class FC, 5.34%, 3/20/2065 (f)
|
28,313
|
28,096
|
Series 2015-H10, Class FC, 5.34%, 4/20/2065 (f)
|
24,060
|
23,848
|
Series 2015-H12, Class FA, 5.34%, 5/20/2065 (f)
|
13,766
|
13,657
|
Series 2015-H15, Class FD, 5.30%, 6/20/2065 (f)
|
6,687
|
6,626
|
Series 2015-H15, Class FJ, 5.30%, 6/20/2065 (f)
|
10,192
|
10,104
|
Series 2015-H18, Class FA, 5.31%, 6/20/2065 (f)
|
5,661
|
5,616
|
Series 2015-H16, Class FG, 5.30%, 7/20/2065 (f)
|
11,889
|
11,775
|
Series 2015-H16, Class FL, 5.30%, 7/20/2065 (f)
|
16,332
|
16,182
|
Series 2015-H20, Class FA, 5.33%, 8/20/2065 (f)
|
10,410
|
10,317
|
Series 2015-H26, Class FG, 5.38%, 10/20/2065 (f)
|
3,026
|
2,988
|
Series 2015-H32, Class FH, 5.52%, 12/20/2065 (f)
|
6,794
|
6,756
|
Series 2016-H07, Class FA, 5.61%, 3/20/2066 (f)
|
27,724
|
27,613
|
Series 2016-H07, Class FB, 5.61%, 3/20/2066 (f)
|
6,995
|
6,967
|
Series 2016-H11, Class FD, 4.87%, 5/20/2066 (f)
|
14,203
|
14,068
|
Series 2016-H26, Class FC, 5.86%, 12/20/2066 (f)
|
9,436
|
9,400
|
Series 2017-H08, Class XI, IO, 0.07%, 3/20/2067 (f)
|
43,676
|
2,210
|
Series 2017-H14, Class XI, IO, 1.25%, 6/20/2067 (f)
|
33,377
|
1,285
|
Series 2018-H09, Class FE, 2.61%, 6/20/2068 (f)
|
2,583
|
2,538
|
Series 2019-H20, Class ID, IO, 0.03%, 12/20/2069 (f)
|
18,355
|
1,358
|
Series 2020-H02, Class MI, IO, 0.02%, 1/20/2070 (f)
|
40,428
|
1,526
|
Series 2020-H05, IO, 0.03%, 3/20/2070 (f)
|
37,985
|
2,511
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2020-H09, IO, 0.02%, 5/20/2070 (f)
|
44,338
|
2,150
|
Series 2020-H09, Class CI, IO, 0.02%, 5/20/2070 (f)
|
39,124
|
2,274
|
Series 2020-H09, Class IC, IO, 1.25%, 5/20/2070 (f)
|
45,368
|
2,731
|
Series 2020-H11, IO, 0.02%, 6/20/2070 (f)
|
23,915
|
1,275
|
Series 2020-H12, Class HI, IO, 0.00%, 7/20/2070 (f)
|
29,465
|
2,356
|
Series 2020-H12, Class IJ, IO, 0.01%, 7/20/2070 (f)
|
34,081
|
2,021
|
Series 2020-H15, IO, 0.02%, 8/20/2070 (f)
|
43,295
|
2,663
|
Series 2021-H14, Class BF, 6.33%, 9/20/2071 (f)
|
8,096
|
7,956
|
Goodgreen Trust Series 2017-R1, 5.00%, 10/20/2051 ‡
|
11,893
|
11,358
|
Grene 2023senrs, 5.50%, 1/17/2061 ‡
|
12,443
|
12,443
|
GS Mortgage-Backed Securities Corp. Trust Series 2021-RPL1, Class A1, 1.75%, 12/25/2060 (b) (f)
|
49,441
|
44,400
|
GSMPS Mortgage Loan Trust
|
|
|
Series 2004-4, Class 1AF, 5.54%, 6/25/2034 (b) (f)
|
303
|
267
|
Series 2005-RP2, Class 1AF, 5.49%, 3/25/2035 (b) (f)
|
512
|
446
|
Series 2005-RP3, Class 1AS, IO, 0.00%, 9/25/2035 (b) (f)
|
2,630
|
39
|
Series 2005-RP3, Class 1AF, 5.49%, 9/25/2035 (b) (f)
|
3,568
|
3,016
|
GSR Mortgage Loan Trust
|
|
|
Series 2003-3F, Class 4A3, 5.75%, 4/25/2033
|
48
|
46
|
Series 2004-6F, Class 2A4, 5.50%, 5/25/2034
|
226
|
222
|
Series 2004-6F, Class 3A4, 6.50%, 5/25/2034
|
188
|
191
|
Series 2004-13F, Class 3A3, 6.00%, 11/25/2034
|
92
|
90
|
Series 2005-5F, Class 8A3, 5.50%, 6/25/2035 (f)
|
89
|
81
|
Series 2005-AR6, Class 3A1, 4.02%, 9/25/2035 (f)
|
25
|
23
|
Series 2005-7F, Class 3A9, 6.00%, 9/25/2035
|
395
|
380
|
Series 2006-1F, Class 1A3, 5.50%, 2/25/2036
|
116
|
207
|
Series 2006-1F, Class 2A4, 6.00%, 2/25/2036
|
1,521
|
779
|
Headlands Residential LLC Series 2021-RPL1, Class NOTE, 2.49%, 9/25/2026 (b) (f)
|
30,000
|
28,643
|
Home RE Ltd. (Bermuda) Series 2022-1, Class M1B, 8.47%, 10/25/2034 (b) (f)
|
9,350
|
9,474
|
Homeward Opportunities Fund Trust Series 2020-BPL1, Class A1, 3.23%, 8/25/2025 (b) (e)
|
7,516
|
7,489
|
Impac CMB Trust Series 2005-4, Class 2A1, 5.74%, 5/25/2035 (f)
|
609
|
542
|
Impac Secured Assets CMN Owner Trust Series 2003-2, Class A1, 5.50%, 8/25/2033
|
317
|
267
|
Impac Secured Assets Trust Series 2006-1, Class 2A1, 5.84%, 5/25/2036 (f)
|
452
|
385
|
Indenparkaprtn, 4.09%, 7/1/2033 (g)
|
34,189
|
33,756
|
JPMorgan Mortgage Trust
|
|
|
Series 2006-A2, Class 5A3, 4.19%, 11/25/2033 (f)
|
608
|
585
|
Series 2004-A3, Class 4A1, 4.55%, 7/25/2034 (f)
|
13
|
13
|
Series 2006-A3, Class 6A1, 4.02%, 8/25/2034 (f)
|
178
|
171
|
Series 2006-A2, Class 4A1, 4.16%, 8/25/2034 (f)
|
1,666
|
1,664
|
Series 2004-A4, Class 1A1, 3.94%, 9/25/2034 (f)
|
69
|
64
|
Series 2004-S1, Class 1A7, 5.00%, 9/25/2034
|
19
|
19
|
Series 2005-A1, Class 3A4, 4.12%, 2/25/2035 (f)
|
265
|
249
|
Series 2007-A1, Class 5A1, 4.05%, 7/25/2035 (f)
|
171
|
167
|
Series 2007-A1, Class 5A2, 4.05%, 7/25/2035 (f)
|
68
|
67
|
Legacy Mortgage Asset Trust
|
|
|
Series 2020-GS1, Class A1, 5.88%, 10/25/2059 (b) (e)
|
6,481
|
6,440
|
Series 2020-GS5, Class A1, 3.25%, 6/25/2060 (b) (e)
|
9,165
|
9,111
|
Series 2021-GS1, Class A1, 1.89%, 10/25/2066 (b) (e)
|
19,787
|
18,599
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Lehman Mortgage Trust
|
|
|
Series 2006-2, Class 1A1, 5.89%, 4/25/2036 (f)
|
348
|
230
|
Series 2007-6, Class 1A8, 6.00%, 7/25/2037
|
91
|
75
|
Series 2008-2, Class 1A6, 6.00%, 3/25/2038
|
1,928
|
673
|
MASTR Adjustable Rate Mortgages Trust
|
|
|
Series 2004-13, Class 2A1, 4.58%, 4/21/2034 (f)
|
438
|
415
|
Series 2004-3, Class 4A2, 3.46%, 4/25/2034 (f)
|
157
|
139
|
Series 2004-15, Class 3A1, 4.44%, 12/25/2034 (f)
|
64
|
60
|
MASTR Alternative Loan Trust
|
|
|
Series 2004-10, Class 1A1, 4.50%, 9/25/2019
|
2
|
2
|
Series 2004-8, Class 6A1, 5.50%, 9/25/2019
|
1
|
1
|
Series 2003-9, Class 2A1, 6.00%, 12/25/2033
|
184
|
184
|
Series 2003-9, Class 8A1, 6.00%, 1/25/2034
|
99
|
95
|
Series 2004-3, Class 3A1, 6.00%, 4/25/2034
|
1,017
|
1,014
|
Series 2004-3, Class 2A1, 6.25%, 4/25/2034
|
157
|
157
|
Series 2004-6, Class 30, PO, 7/25/2034
|
120
|
91
|
Series 2004-6, Class 7A1, 6.00%, 7/25/2034
|
90
|
87
|
Series 2004-7, Class 30, PO, 8/25/2034
|
89
|
66
|
Series 2005-6, Class 3A1, 5.50%, 12/25/2035
|
68
|
49
|
MASTR Asset Securitization Trust
|
|
|
Series 2004-6, Class 15, PO, 7/25/2019 ‡
|
—
|
—
|
Series 2003-12, Class 30, PO, 12/25/2033
|
9
|
7
|
Series 2003-12, Class 6A1, 5.00%, 12/25/2033
|
66
|
63
|
Series 2004-4, Class 1A6, 5.25%, 12/26/2033
|
166
|
145
|
Series 2004-P7, Class A6, 5.50%, 12/27/2033 ‡ (b)
|
86
|
71
|
Series 2004-1, Class 30, PO, 2/25/2034
|
9
|
6
|
MASTR Reperforming Loan Trust
|
|
|
Series 2005-2, Class 1A1F, 5.49%, 5/25/2035 (b) (f)
|
5,441
|
2,821
|
Series 2006-2, Class 1A1, 4.04%, 5/25/2036 (b) (f)
|
579
|
455
|
MASTR Resecuritization Trust Series 2005-PO, Class 3, PO, 5/28/2035 (b)
|
80
|
48
|
Merrill Lynch Mortgage Investors Trust
|
|
|
Series 2003-E, Class A1, 5.76%, 10/25/2028 (f)
|
229
|
212
|
Series 2003-F, Class A1, 5.78%, 10/25/2028 (f)
|
362
|
337
|
Series 2004-A, Class A1, 5.60%, 4/25/2029 (f)
|
91
|
84
|
Series 2004-C, Class A2, 5.75%, 7/25/2029 (f)
|
163
|
157
|
Series 2003-A5, Class 2A6, 4.07%, 8/25/2033 (f)
|
106
|
99
|
Series 2004-A4, Class A2, 3.99%, 8/25/2034 (f)
|
270
|
249
|
Series 2004-1, Class 2A1, 3.88%, 12/25/2034 (f)
|
269
|
251
|
Series 2005-A2, Class A1, 4.16%, 2/25/2035 (f)
|
466
|
436
|
Merrill Lynch Mortgage-Backed Securities Trust Series 2007-3, Class 1A3, 5.76%, 6/25/2037 (f)
|
34
|
34
|
Mill City Securities Ltd. (Cayman Islands) Series 2021-RS1, Class A1, 2.91%, 4/28/2066 ‡ (b) (f)
|
43,339
|
39,212
|
Mission At Sunbow, 4.62%, 1/1/2029 ‡ (g)
|
7,514
|
7,505
|
Morgan Stanley Mortgage Loan Trust
|
|
|
Series 2004-9, Class 4A, 3.19%, 10/25/2019 (f)
|
57
|
53
|
Series 2004-3, Class 4A, 5.65%, 4/25/2034 (f)
|
703
|
689
|
MRFC Mortgage Pass-Through Trust
|
|
|
Series 2000-TBC2, Class A1, 5.59%, 6/15/2030 (f)
|
525
|
511
|
Series 2000-TBC3, Class A1, 5.55%, 12/15/2030 (f)
|
137
|
128
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
NACC Reperforming Loan REMIC Trust Series 2004-R2, Class A1, 6.50%, 10/25/2034 (b) (f)
|
273
|
241
|
Nited Mortgage Mezz, 8.00%, 2/21/2024 ‡
|
30,000
|
29,700
|
Nomura Asset Acceptance Corp. Alternative Loan Trust
|
|
|
Series 2003-A1, Class A5, 7.00%, 4/25/2033
|
68
|
68
|
Series 2003-A1, Class A1, 5.50%, 5/25/2033
|
17
|
16
|
Series 2003-A1, Class A2, 6.00%, 5/25/2033
|
52
|
51
|
Oak Springs Ranch, 4.62%, 1/1/2029 ‡ (g)
|
5,246
|
5,240
|
Ocwen Series 2021-GNMSR1, 5.00%, 4/30/2024 ‡
|
25,457
|
25,202
|
PMC PLS ESR Issuer LLC Series 2022-PLS1, Class A, 5.11%, 2/25/2027 (b) (e)
|
16,291
|
15,533
|
Prime Mortgage Trust Series 2004-CL1, Class 1A1, 6.00%, 2/25/2034
|
223
|
213
|
PRPM LLC
|
|
|
Series 2021-1, Class A1, 2.12%, 1/25/2026 (b) (f)
|
38,629
|
36,375
|
Series 2021-10, Class A1, 2.49%, 10/25/2026 (b) (e)
|
50,658
|
47,065
|
Purew, 8.78%, 2/26/2029
|
72,750
|
72,750
|
RALI Trust
|
|
|
Series 2002-QS16, Class A3, IF, 5.88%, 10/25/2017 ‡ (f)
|
1
|
—
|
Series 2003-QS12, Class A2A, IF, IO, 2.46%, 6/25/2018 ‡ (f)
|
—
|
—
|
Series 2003-QS12, Class A5, IO, 5.00%, 6/25/2018 ‡
|
—
|
—
(h)
|
Series 2005-QA6, Class A32, 5.50%, 5/25/2035 (f)
|
645
|
386
|
Series 2007-QS1, Class 1A1, 6.00%, 1/25/2037
|
73
|
57
|
Reperforming Loan REMIC Trust Series 2005-R1, Class 2A, PO, 3/25/2035 (b)
|
32
|
17
|
Residential Asset Securitization Trust Series 2003-A8, Class A5, 4.25%, 10/25/2018
|
12
|
13
|
SART Series 2017-1, 4.75%, 7/15/2024 ‡
|
6,076
|
5,946
|
Seasoned Credit Risk Transfer Trust
|
|
|
Series 2017-4, Class M60C, 3.50%, 6/25/2057
|
9,909
|
9,329
|
Series 2017-4, Class MT, 3.50%, 6/25/2057
|
28,733
|
26,113
|
Series 2018-4, Class MA, 3.50%, 3/25/2058
|
34,085
|
32,282
|
Series 2018-4, Class MZ, 3.50%, 3/25/2058
|
14,085
|
11,270
|
Series 2019-1, Class MT, 3.50%, 7/25/2058
|
39,177
|
35,386
|
Series 2019-1, Class M55D, 4.00%, 7/25/2058
|
22,475
|
21,370
|
Series 2019-2, Class MA, 3.50%, 8/25/2058
|
16,570
|
15,633
|
Series 2019-3, Class MB, 3.50%, 10/25/2058
|
26,446
|
22,295
|
Series 2020-1, Class M55G, 3.00%, 8/25/2059
|
35,169
|
32,228
|
Series 2020-2, Class MB, 2.00%, 11/25/2059
|
11,989
|
8,428
|
Series 2020-3, Class MT, 2.00%, 5/25/2060
|
49,931
|
41,378
|
Series 2022-1, Class MTU, 3.25%, 11/25/2061
|
69,777
|
61,637
|
Seasoned Loans Structured Transaction Series 2018-1, Class A1, 3.50%, 6/25/2028
|
8,907
|
8,510
|
Sequoia Mortgage Trust
|
|
|
Series 2004-8, Class A1, 5.65%, 9/20/2034 (f)
|
395
|
347
|
Series 2004-8, Class A2, 5.92%, 9/20/2034 (f)
|
506
|
466
|
Series 2004-10, Class A1A, 5.77%, 11/20/2034 (f)
|
162
|
148
|
Series 2004-11, Class A1, 5.75%, 12/20/2034 (f)
|
437
|
392
|
Series 2004-12, Class A3, 5.51%, 1/20/2035 (f)
|
459
|
423
|
Structured Asset Mortgage Investments II Trust
|
|
|
Series 2004-AR5, Class 1A1, 5.79%, 10/19/2034 (f)
|
415
|
386
|
Series 2005-AR5, Class A3, 5.63%, 7/19/2035 (f)
|
1,785
|
1,616
|
Structured Asset Securities Corp.
|
|
|
Series 2004-4XS, Class 1A5, 5.99%, 2/25/2034 (e)
|
907
|
854
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Series 2005-RF3, Class 1A, 4.73%, 6/25/2035 (b) (f)
|
379
|
347
|
Structured Asset Securities Corp. Mortgage Pass-Through Certificates
|
|
|
Series 2003-34A, Class 3A3, 4.80%, 11/25/2033 (f)
|
66
|
65
|
Series 2003-37A, Class 2A, 4.47%, 12/25/2033 (f)
|
615
|
576
|
Thornburg Mortgage Securities Trust
|
|
|
Series 2003-4, Class A1, 5.78%, 9/25/2043 (f)
|
1,060
|
996
|
Series 2004-4, Class 3A, 3.75%, 12/25/2044 (f)
|
704
|
654
|
Towd Point Mortgage Trust
|
|
|
Series 2017-FRE2, Class M6, 4.00%, 11/25/2047 (b) (e)
|
20,422
|
19,008
|
Series 2021-R1, Class A1, 2.92%, 11/30/2060 (b) (f)
|
96,402
|
79,897
|
Series 2021-R1, Class A2C, 3.31%, 11/30/2060 (b)
|
10,000
|
9,311
|
Two Harbors Msr Frn, 7.55%, 4/15/2024 ‡
|
72,000
|
72,000
|
Vendee Mortgage Trust
|
|
|
Series 1994-1, Class 1, 4.82%, 2/15/2024 (f)
|
23
|
22
|
Series 1994-1, Class 2ZB, 6.50%, 2/15/2024
|
114
|
114
|
Series 1996-1, Class 1Z, 6.75%, 2/15/2026
|
250
|
254
|
Series 1996-2, Class 1Z, 6.75%, 6/15/2026
|
108
|
109
|
Series 1997-1, Class 2Z, 7.50%, 2/15/2027
|
367
|
375
|
Series 1998-1, Class 2E, 7.00%, 3/15/2028
|
284
|
286
|
VM Master Issuer LLC Series 2022-1, Class A1, 5.16%, 5/24/2025 ‡ (b) (f)
|
47,353
|
44,625
|
WaMu Mortgage Pass-Through Certificates
|
|
|
Series 2003-S4, Class 2A10, IF, 3.33%, 6/25/2033 (f)
|
75
|
70
|
Series 2004-RS2, Class A4, 5.00%, 11/25/2033
|
158
|
140
|
WaMu Mortgage Pass-Through Certificates Trust
|
|
|
Series 2003-S1, Class A5, 5.50%, 4/25/2033
|
305
|
303
|
Series 2003-AR7, Class A7, 3.87%, 8/25/2033 (f)
|
272
|
251
|
Series 2003-AR9, Class 1A6, 4.16%, 9/25/2033 (f)
|
1,422
|
1,315
|
Series 2003-AR9, Class 2A, 4.16%, 9/25/2033 (f)
|
137
|
124
|
Series 2003-S9, Class P, PO, 10/25/2033
|
12
|
9
|
Series 2003-AR11, Class A6, 4.22%, 10/25/2033 (f)
|
779
|
722
|
Series 2003-S9, Class A8, 5.25%, 10/25/2033
|
953
|
919
|
Series 2004-AR3, Class A1, 4.52%, 6/25/2034 (f)
|
313
|
284
|
Series 2004-AR3, Class A2, 4.52%, 6/25/2034 (f)
|
402
|
365
|
Series 2004-S2, Class 2A4, 5.50%, 6/25/2034
|
679
|
668
|
Series 2004-S3, Class 1A5, 5.00%, 7/25/2034
|
53
|
52
|
Series 2006-AR10, Class 2P, 3.59%, 9/25/2036 (f)
|
37
|
32
|
Series 2006-AR8, Class 1A2, 3.68%, 8/25/2046 (f)
|
255
|
227
|
Washington Mutual Mortgage Pass-Through Certificates WMALT Trust
|
|
|
Series 2005-1, Class CP, PO, 3/25/2035
|
35
|
23
|
Series 2005-1, Class 1A1, 5.50%, 3/25/2035
|
366
|
337
|
Series 2005-2, Class 1A4, IF, IO, 0.00%, 4/25/2035 (f)
|
2,937
|
111
|
Series 2005-2, Class 2A3, IF, IO, 0.00%, 4/25/2035 (f)
|
612
|
26
|
Series 2005-4, Class CB7, 5.50%, 6/25/2035
|
1,026
|
916
|
Series 2005-4, Class CX, IO, 5.50%, 6/25/2035
|
1,023
|
159
|
Series 2005-6, Class 2A4, 5.50%, 8/25/2035
|
156
|
133
|
Series 2006-1, Class 3A2, 5.75%, 2/25/2036
|
76
|
69
|
Washington Mutual MSC Mortgage Pass-Through Certificates Trust Series 2003-MS7, Class P, PO, 3/25/2033
|
—
|
—
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Collateralized Mortgage Obligations — continued
|
||
Wells Fargo Alternative Loan Trust
|
|
|
Series 2003-1, Class A, PO, 9/25/2033
|
11
|
8
|
Series 2007-PA3, Class 1A2, 5.75%, 7/25/2037
|
100
|
84
|
Wells Fargo Mortgage-Backed Securities Trust Series 2007-7, Class A7, 6.00%, 6/25/2037
|
51
|
45
|
Total Collateralized Mortgage Obligations
(Cost $2,406,856)
|
|
2,267,322
|
U.S. Government Agency Securities — 0.5%
|
||
FFCB Funding Corp.
1.84%, 1/25/2036
|
25,000
|
18,211
|
FHLB
|
|
|
1.87%, 2/8/2036
|
32,500
|
23,739
|
1.93%, 2/11/2036
|
40,000
|
29,432
|
Israel Government AID Bond (Israel)
|
|
|
5.50%, 12/4/2023
|
7,240
|
7,244
|
2.12%, 11/1/2024 (a)
|
5,000
|
4,654
|
5.50%, 9/18/2033
|
6,771
|
7,528
|
Resolution Funding Corp. STRIPS
|
|
|
DN, 3.34%, 1/15/2030 (a)
|
30,700
|
23,596
|
DN, 2.96%, 4/15/2030 (a)
|
26,456
|
20,059
|
Tennessee Valley Authority
|
|
|
5.88%, 4/1/2036
|
31,814
|
36,423
|
5.50%, 6/15/2038
|
493
|
541
|
4.63%, 9/15/2060
|
4,157
|
4,065
|
4.25%, 9/15/2065
|
2,604
|
2,398
|
Tennessee Valley Authority STRIPS
|
|
|
DN, 4.42%, 11/1/2025 (a)
|
17,495
|
15,708
|
DN, 6.23%, 7/15/2028 (a)
|
3,119
|
2,507
|
DN, 4.02%, 12/15/2028 (a)
|
3,500
|
2,771
|
DN, 5.53%, 6/15/2035 (a)
|
2,242
|
1,305
|
Total U.S. Government Agency Securities
(Cost $211,794)
|
|
200,181
|
Municipal Bonds — 0.4% (i)
|
||
California — 0.0% ^
|
||
City of Los Angeles Department of Airports, Federally Taxable Build America Bonds Direct Payment to Issuer Series 2009C,
Rev., 6.58%, 5/15/2039
|
2,810
|
3,134
|
Regents of the University of California Medical Center Pooled Series 2020N, Rev., 3.71%, 5/15/2120
|
21,120
|
14,104
|
State of California, Various Purpose GO, 7.30%, 10/1/2039
|
2,400
|
2,897
|
Total California
|
|
20,135
|
New York — 0.1%
|
||
New York State Dormitory Authority, State Personal Income Tax, General Purpose Series 2010-D, Rev., 5.60%, 3/15/2040
|
2,240
|
2,392
|
Port Authority of New York and New Jersey, Consolidated
|
|
|
Series 164, Rev., 5.65%, 11/1/2040
|
10,965
|
11,683
|
Series 165, Rev., 5.65%, 11/1/2040
|
3,780
|
4,027
|
Series 174, Rev., 4.46%, 10/1/2062
|
17,925
|
16,212
|
Total New York
|
|
34,314
|
Ohio — 0.1%
|
||
American Municipal Power, Inc., Meldahl Hydroelectric Project Series 2010B, Rev., 7.50%, 2/15/2050
|
11,725
|
14,575
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Ohio — continued
|
||
County of Franklin, Hospital Facilities, Nationwide Children's Hospital Project Rev., 2.88%, 11/1/2050
|
4,675
|
3,054
|
County of Hamilton, Healthcare Facilities, The Christ Hospital Rev., AGM, 3.76%, 6/1/2042
|
16,870
|
13,474
|
Ohio State University (The), General Receipts
|
|
|
Series 2016A, Rev., 4.05%, 12/1/2056
|
3,478
|
2,907
|
Series 2011-A, Rev., 4.80%, 6/1/2111
|
9,576
|
8,693
|
Ohio University, General Receipts, Federally Taxable Rev., 5.59%, 12/1/2114
|
5,822
|
5,523
|
Total Ohio
|
|
48,226
|
Oklahoma — 0.1%
|
||
Oklahoma Development Finance Authority, Public Service Co. Series 2022, Rev., 4.62%, 6/1/2044
|
27,500
|
26,717
|
Pennsylvania — 0.0% ^
|
||
Chester County Health and Education Facilities Authority, Main Line Health System Rev., 3.31%, 6/1/2051
|
11,130
|
7,552
|
Texas — 0.1%
|
||
Texas Natural Gas Securitization Finance Corp. Series 2023A-1, Rev., 5.10%, 4/1/2035
|
13,200
|
13,531
|
Texas Natural Gas Securitization Finance Corp., Winter Storm URI Series 2023A-2, Rev., 5.17%, 4/1/2041
|
20,730
|
21,759
|
Total Texas
|
|
35,290
|
Total Municipal Bonds
(Cost $188,498)
|
|
172,234
|
Foreign Government Securities — 0.4%
|
||
Kingdom of Saudi Arabia
|
|
|
2.25%, 2/2/2033 (b)
|
10,140
|
8,237
|
3.45%, 2/2/2061 (b)
|
4,399
|
3,077
|
Republic of Chile 2.55%, 1/27/2032
|
9,568
|
8,206
|
Republic of Panama
|
|
|
3.16%, 1/23/2030
|
8,850
|
7,776
|
4.50%, 4/16/2050
|
5,100
|
3,872
|
Republic of Peru 5.63%, 11/18/2050
|
737
|
736
|
Republic of South Africa 5.88%, 9/16/2025
|
3,502
|
3,456
|
United Arab Emirates Government Bond 2.88%, 10/19/2041 (b)
|
15,748
|
12,104
|
United Mexican States
|
|
|
4.13%, 1/21/2026
|
5,155
|
5,054
|
3.75%, 1/11/2028
|
22,959
|
21,909
|
2.66%, 5/24/2031
|
20,674
|
17,176
|
3.50%, 2/12/2034
|
6,211
|
5,209
|
4.75%, 3/8/2044
|
3,906
|
3,294
|
4.60%, 1/23/2046
|
15,089
|
12,296
|
4.35%, 1/15/2047
|
4,228
|
3,330
|
4.60%, 2/10/2048
|
1,928
|
1,561
|
4.40%, 2/12/2052
|
14,965
|
11,549
|
6.34%, 5/4/2053
|
4,796
|
4,806
|
3.77%, 5/24/2061
|
11,682
|
7,767
|
5.75%, 10/12/2110
|
5,118
|
4,465
|
Total Foreign Government Securities
(Cost $175,105)
|
|
145,880
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Loan Assignments — 0.2% (c) (j)
|
||
Consumer Finance — 0.2%
|
||
OneSky, 1st Lien Term Loan (3-MONTH SOFR + 3.00%), 3.88%, 1/15/2031
(Cost $68,962)
|
70,069
|
63,744
|
|
SHARES
(000)
|
|
Short-Term Investments — 4.5%
|
||
Investment Companies — 4.5%
|
||
JPMorgan Prime Money Market Fund Class Institutional Shares, 5.12% (k) (l)
(Cost $1,721,382)
|
1,720,996
|
1,721,340
|
Total Investments — 99.9%
(Cost $41,836,529)
|
|
38,375,322
|
Other Assets Less Liabilities — 0.1%
|
|
44,353
|
NET ASSETS — 100.0%
|
|
38,419,675
|
Percentages indicated are based on net assets.
|
||
Amounts presented as a dash ("-") represent amounts that round to less than a thousand.
|
Abbreviations
|
|
ABS
|
Asset-Backed Securities
|
ACES
|
Alternative Credit Enhancement Securities
|
AGM
|
Insured by Assured Guaranty Municipal Corp.
|
ARM
|
Adjustable Rate Mortgage. The interest rate shown is the rate in effect as of May 31, 2023.
|
CME
|
Chicago Mercantile Exchange
|
CSMC
|
Credit Suisse Mortgage Trust
|
DN
|
Discount Notes
|
FFCB
|
Federal Farm Credit Bank
|
FHLB
|
Federal Home Loan Bank
|
FHLMC
|
Federal Home Loan Mortgage Corp.
|
FNMA
|
Federal National Mortgage Association
|
FRN
|
Floating Rate Note
|
GNMA
|
Government National Mortgage Association
|
GO
|
General Obligation
|
ICE
|
Intercontinental Exchange
|
IF
|
Inverse Floaters represent securities that pay interest at a rate that increases (decreases) with a decline (incline) in a
specified index or have an interest
rate that adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.
The interest rate shown is the
rate in effect as of May 31, 2023. The rate may be subject to a cap and floor.
|
IO
|
Interest Only represents the right to receive the monthly interest payments on an underlying pool of mortgage loans. The principal
amount shown
represents the par value on the underlying pool. The yields on these securities are subject to accelerated principal paydowns
as a result of prepayment or
refinancing of the underlying pool of mortgage instruments. As a result, interest income may be reduced considerably.
|
LIBOR
|
London Interbank Offered Rate
|
PO
|
Principal Only represents the right to receive the principal portion only on an underlying pool of mortgage loans. The market
value of these securities is
extremely volatile in response to changes in market interest rates. As prepayments on the underlying mortgages of these securities
increase, the yield on
these securities increases.
|
RE
|
Reinsured
|
REIT
|
Real Estate Investment Trust
|
REMIC
|
Real Estate Mortgage Investment Conduit
|
Re-REMIC
|
Combined Real Estate Mortgage Investment Conduit
|
Rev.
|
Revenue
|
SOFR
|
Secured Overnight Financing Rate
|
SOFRINDX
|
Compounding index of the Secured Overnight Financing Rate
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
STRIPS
|
Separate Trading of Registered Interest and Principal of Securities. The STRIPS Program lets investors hold and trade individual
interest and principal
components of eligible notes and bonds as separate securities.
|
UMBS
|
Uniform Mortgage-Backed Securities
|
USD
|
United States Dollar
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
‡
|
Value determined using significant unobservable inputs.
|
|
(a)
|
The rate shown is the effective yield as of May 31, 2023.
|
|
(b)
|
Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities Act of 1933, as amended.
|
|
(c)
|
Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the current rate as of
May 31, 2023.
|
|
(d)
|
Contingent Capital security (“CoCo”). CoCos are hybrid debt securities that may be convertible into equity or may be written down if a
pre-specified trigger event occurs. The total value of aggregate CoCo holdings at May 31, 2023 is $57,764 or 0.15% of the Fund’s net assets
as of May 31, 2023.
|
|
(e)
|
Step bond. Interest rate is a fixed rate for an initial period that either resets at a specific date or may reset in the future
contingent upon a
predetermined trigger. The interest rate shown is the current rate as of May 31, 2023.
|
|
(f)
|
Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates
and prepayments
on the underlying pool of assets. The interest rate shown is the current rate as of May 31, 2023.
|
|
(g)
|
All or a portion of the security is a when-issued security, delayed delivery security, or forward commitment.
|
|
(h)
|
Value is zero.
|
|
(i)
|
The date shown represents the earliest of the prerefunded date, next put date or final maturity date.
|
|
(j)
|
Loan assignments are presented by obligor. Each series or loan tranche underlying each obligor may have varying terms.
|
|
(k)
|
Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised
by J.P. Morgan
Investment Management Inc.
|
|
(l)
|
The rate shown is the current yield as of May 31, 2023.
|
|
Futures contracts outstanding as of May 31, 2023 (amounts in thousands, except number of contracts):
DESCRIPTION
|
NUMBER OF
CONTRACTS
|
EXPIRATION DATE
|
TRADING CURRENCY
|
NOTIONAL
AMOUNT ($)
|
VALUE AND
UNREALIZED
APPRECIATION
(DEPRECIATION) ($)
|
Long Contracts
|
|
|
|
|
|
U.S. Treasury 10 Year Note
|
8,552
|
09/20/2023
|
USD
|
978,803
|
2,651
|
U.S. Treasury 10 Year Ultra Note
|
1,896
|
09/20/2023
|
USD
|
228,438
|
1,181
|
U.S. Treasury Ultra Bond
|
1,633
|
09/20/2023
|
USD
|
223,976
|
4,283
|
U.S. Treasury 2 Year Note
|
7,586
|
09/29/2023
|
USD
|
1,561,234
|
(1,090
)
|
U.S. Treasury 5 Year Note
|
9,727
|
09/29/2023
|
USD
|
1,060,775
|
95
|
|
|
|
|
|
7,120
|
Abbreviations
|
|
USD
|
United States Dollar
|
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
A. Valuation of Investments — Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations
are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily
available shall be valued at their fair value as determined in good faith by the Board.
Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities
that do not have readily available market quotations. Under SEC Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate
the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the “Valuation Designee” to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The
Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to help oversee and carry out the policies for the valuation of Investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the
valuation determinations.
This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight
including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence.
The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and,
at least on a quarterly basis, with the AVC and the Board.
A market-based approach is primarily used to value the Fund's investments. Investments for which market quotations are not
readily available are fair valued using prices supplied by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers
(collectively referred to as “Pricing Services”), or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values
and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows
of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions
on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity
and industry. It is possible that the estimated values may differ significantly from the values that would have been used had
a ready market for the investments existed, and such differences could be material.
Fixed income instruments are valued based on prices received from Pricing Services. The Pricing Services use multiple valuation
techniques to determine the valuation of fixed income instruments. In instances where sufficient market activity exists, the Pricing
Services may utilize a market-based approach through which trades or quotes from market makers are used to determine the valuation of these instruments.
In instances where sufficient market activity may not exist, the Pricing Services also utilize proprietary valuation models which
may consider market transactions in comparable securities and the various relationships between securities in determining fair value and/or
market characteristics in order to estimate the relevant cash flows, which are then discounted to calculate the fair values.
Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s net asset values ("NAV") per share as of the report date.
Futures contracts are generally valued on the basis of available market quotations.
See the table on “Quantitative Information about Level 3 Fair Value Measurements” for information on the valuation techniques and inputs used to value level 3 securities held by the Fund at May 31, 2023.
Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or
issuer-related events after the report date and prior to issuance of the report are not reflected herein.
The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad
levels listed below.
•
Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.
•
Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than
quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other
market corroborated inputs.
•
Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not
available (including the Fund's assumptions in determining the fair value of investments).
A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily
an indication of the risk associated with investing in those instruments.
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
The following table represents each valuation input as presented on the Schedule of Portfolio Investments ("SOI"):
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
Investments in Securities
|
|
|
|
|
Asset-Backed Securities
|
$—
|
$3,710,732
|
$1,264,372
|
$4,975,104
|
Collateralized Mortgage Obligations
|
—
|
1,873,919
|
393,403
|
2,267,322
|
Commercial Mortgage-Backed Securities
|
—
|
2,301,921
|
73,097
|
2,375,018
|
Corporate Bonds
|
—
|
8,653,930
|
—
|
8,653,930
|
Foreign Government Securities
|
—
|
145,880
|
—
|
145,880
|
Loan Assignments
|
—
|
63,744
|
—
|
63,744
|
Mortgage-Backed Securities
|
—
|
7,509,656
|
37,914
|
7,547,570
|
Municipal Bonds
|
—
|
172,234
|
—
|
172,234
|
U.S. Government Agency Securities
|
—
|
200,181
|
—
|
200,181
|
U.S. Treasury Obligations
|
—
|
10,252,999
|
—
|
10,252,999
|
Short-Term Investments
|
|
|
|
|
Investment Companies
|
1,721,340
|
—
|
—
|
1,721,340
|
Total Investments in Securities
|
$1,721,340
|
$34,885,196
|
$1,768,786
|
$38,375,322
|
Appreciation in Other Financial Instruments
|
|
|
|
|
Futures Contracts
|
$8,210
|
$—
|
$—
|
$8,210
|
Depreciation in Other Financial Instruments
|
|
|
|
|
Futures Contracts
|
(1,090
)
|
—
|
—
|
(1,090
)
|
Total Net Appreciation/ Depreciation in Other
Financial Instruments
|
$7,120
|
$—
|
$—
|
$7,120
|
The following is a summary of investments for which significant unobservable inputs (level 3) were used in determining fair
value:
|
Balance as of
February 28,
2023
|
Realized
gain (loss)
|
Change in net
unrealized
appreciation
(depreciation)
|
Net
accretion
(amortization)
|
Purchases1
|
Sales2
|
Transfers
into
Level 3
|
Transfers
out of
Level 3
|
Other(a)
|
Balance as of
May 31,
2023
|
Investments in Securities:
|
|
|
|
|
|
|
|
|
|
|
Asset-Backed Securities
|
$1,383,442
|
$7
|
$(2,434
)
|
$76
|
$151,280
|
$(166,745
)
|
$—
|
$(135,410
)
|
$34,156
|
$1,264,372
|
Collateralized Mortgage Obligations
|
360,930
|
—
|
990
|
1
|
122,549
|
(28,453
)
|
70
|
(20,978
)
|
(41,706
)
|
393,403
|
Commercial Mortgage-Backed
Securities
|
76,979
|
—
|
(2,030
)
|
(1
)
|
33
|
(1,884
)
|
—
|
(7,550
)
|
7,550
|
73,097
|
Mortgage-Backed Securities
|
63,826
|
—
|
901
|
—
|
(26,813
)
|
—
|
—
|
—
|
—
|
37,914
|
Total
|
$1,885,177
|
$7
|
$(2,573
)
|
$76
|
$247,049
|
$(197,082
)
|
$70
|
$(163,938
)
|
$—
|
$1,768,786
|
|
|||||||||
1
|
Purchases include all purchases of securities and securities received in corporate actions.
|
||||||||
2
|
Sales include all sales of securities, maturities, paydowns and securities tendered in corporate actions.
|
(a)
|
Certain Level 3 investments were re-classified between Asset-Backed Securities and Commercial Mortgage-Backed Securities , Collateralized
Mortgage Obligations.
|
There were no significant transfers into or out of level 3 for the period ended May 31, 2023.
The significant unobservable inputs used in the fair value measurement of the Fund's investments are listed below. Generally,
a change in the assumptions used in any input in isolation may be accompanied by a change in another input. Significant changes in any of
the unobservable inputs may significantly impact the fair value measurement. The impact is based on the relationship between each unobservable
input and the fair value measurement. Significant increases (decreases) in enterprise multiples may increase (decrease) the fair value measurement.
Significant increases (decreases) in the discount for lack of marketability, liquidity discount, probability of default, yield and default
rate may
JPMorgan Core Bond Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF May 31, 2023 (Unaudited) (continued)
(Dollar values in thousands)
decrease (increase) the fair value measurement. A significant change in the discount rate or prepayment rate (Constant Prepayment
Rate or PSA Prepayment Model) may decrease or increase the fair value measurement.
Quantitative Information about Level 3 Fair Value Measurements #
|
Fair Value at
May 31, 2023
|
Valuation
Technique(s)
|
Unobservable
Input
|
Range (Weighted
Average) (a)
|
|
$498,990
|
Discounted Cash Flow
|
Constant Prepayment Rate
|
0.00% - 20.00% (2.67%)
|
|
|
|
Yield (Discount Rate of Cash Flows)
|
4.11% - 9.80% (7.36%)
|
|
|
|
|
|
Asset-Backed Securities
|
498,990
|
|
|
|
|
211,336
|
Discounted Cash Flow
|
Constant Prepayment Rate
|
0.00% - 35.00% (2.92%)
|
|
|
|
Yield (Discount Rate of Cash Flows)
|
6.95% - 11.69% (9.74%)
|
|
|
|
|
|
Collateralized Mortgage Obligations
|
211,336
|
|
|
|
|
32,930
|
Discounted Cash Flow
|
Yield (Discount Rate of Cash Flows)
|
9.26% (9.26%)
|
|
|
|
|
|
Commercial Mortgage-Backed
Securities
|
32,930
|
|
|
|
Total
|
$743,236
|
|
|
|
#
|
The table above does not include certain level 3 investments that are valued by brokers and Pricing Services. At May 31 2023,
the value of
these investments was $1,025,530. The inputs for these investments are not readily available or cannot be reasonably estimated
and are
generally those inputs described in Note A.
|
(a)
|
Unobservable inputs were weighted by the relative fair value of the instruments.
|
B. Investment Transactions with Affiliates — The Fund invested in an Underlying Fund, which is advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuer listed in the table
below to be an affiliated issuer. The Underlying Fund's distributions may be reinvested into such Underlying Fund. Reinvestment amounts are
included in the purchases at cost amounts in the table below.
|
|||||||||
For the period ended May 31, 2023
|
|||||||||
Security Description
|
Value at
February 28,
2023
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
May 31,
2023
|
Shares at
May 31,
2023
|
Dividend
Income
|
Capital Gain
Distributions
|
JPMorgan Prime Money Market Fund
Class Institutional Shares, 5.12% (a) (b)
|
$1,056,388
|
$4,150,750
|
$3,485,525
|
$(85
)
|
$(188
)
|
$1,721,340
|
1,720,996
|
$15,110
|
$—
|
|
|
(a)
|
Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised
by J.P. Morgan
Investment Management Inc.
|
(b)
|
The rate shown is the current yield as of May 31, 2023.
|