JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited)
Investments | Shares (000) | Value ($000) | ||||||
COMMON STOCKS — 96.8% | ||||||||
Aerospace & Defense — 0.2% | ||||||||
Ducommun, Inc.* | 3 | 168 | ||||||
Moog, Inc., Class A | 1 | 123 | ||||||
Vectrus, Inc.* | 1 | 25 | ||||||
|
| |||||||
316 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.6% | ||||||||
Forward Air Corp. | 2 | 205 | ||||||
Hub Group, Inc., Class A* | 12 | 950 | ||||||
Radiant Logistics, Inc.* | 16 | 101 | ||||||
|
| |||||||
1,256 | ||||||||
|
| |||||||
Airlines — 0.1% | ||||||||
Alaska Air Group, Inc.* | 5 | 296 | ||||||
|
| |||||||
Auto Components — 0.5% | ||||||||
American Axle & Manufacturing Holdings, Inc.* | 35 | 270 | ||||||
Goodyear Tire & Rubber Co. (The)* | 27 | 381 | ||||||
Patrick Industries, Inc. | 4 | 265 | ||||||
|
| |||||||
916 | ||||||||
|
| |||||||
Banks — 8.6% | ||||||||
Amalgamated Financial Corp. | 7 | 122 | ||||||
Ameris Bancorp | 4 | 181 | ||||||
Associated Banc-Corp. | 6 | 143 | ||||||
Banc of California, Inc. | 9 | 170 | ||||||
Bank of NT Butterfield & Son Ltd. (The) (Bermuda) | 18 | 642 | ||||||
Bar Harbor Bankshares | 3 | 74 | ||||||
Business First Bancshares, Inc. | 6 | 153 | ||||||
Byline Bancorp, Inc. | 3 | 75 | ||||||
Cadence Bank | 14 | 398 | ||||||
Capital Bancorp, Inc. | 2 | 34 | ||||||
Capstar Financial Holdings, Inc. | 10 | 213 | ||||||
Cathay General Bancorp | 3 | 139 | ||||||
Central Pacific Financial Corp. | 2 | 53 | ||||||
Coastal Financial Corp.* | 1 | 37 | ||||||
Community Trust Bancorp, Inc. | 1 | 27 | ||||||
ConnectOne Bancorp, Inc. | 30 | 948 | ||||||
Customers Bancorp, Inc.* | 9 | 485 | ||||||
CVB Financial Corp. | 9 | 209 | ||||||
Dime Community Bancshares, Inc. | 2 | 80 | ||||||
Enterprise Financial Services Corp. | 2 | 112 | ||||||
FB Financial Corp. | 2 | 93 | ||||||
Financial Institutions, Inc. | 7 | 205 | ||||||
First BanCorp (Puerto Rico) | 52 | 677 | ||||||
First Bank | 2 | 27 | ||||||
First Citizens BancShares, Inc., Class A | — | (a) | 49 | |||||
First Commonwealth Financial Corp. | 12 | 182 | ||||||
First Community Bankshares, Inc. | 1 | 38 | ||||||
First Foundation, Inc. | 7 | 170 | ||||||
First Horizon Corp. | 28 | 651 | ||||||
First Internet Bancorp | 2 | 90 | ||||||
FNB Corp. | 29 | 355 | ||||||
Great Southern Bancorp, Inc. | 2 | 136 | ||||||
Hancock Whitney Corp. | 10 | 537 | ||||||
Hanmi Financial Corp. | 8 | 207 | ||||||
HBT Financial, Inc. | 7 | 127 | ||||||
Heartland Financial USA, Inc. | 3 | 134 | ||||||
Heritage Commerce Corp. | 8 | 92 | ||||||
Home BancShares, Inc. | 3 | 70 | ||||||
HomeStreet, Inc. | 4 | 171 | ||||||
Investors Bancorp, Inc. | 75 | 1,121 | ||||||
Lakeland Bancorp, Inc. | 5 | 80 | ||||||
Meta Financial Group, Inc. | 4 | 203 | ||||||
Metropolitan Bank Holding Corp.* | 2 | 153 | ||||||
Mid Penn Bancorp, Inc. | 1 | 32 | ||||||
MidWestOne Financial Group, Inc. | 1 | 40 | ||||||
MVB Financial Corp. | 1 | 21 | ||||||
OceanFirst Financial Corp. | 32 | 635 | ||||||
OFG Bancorp (Puerto Rico) | 4 | 93 | ||||||
Old National Bancorp | 23 | 369 | ||||||
Old Second Bancorp, Inc. | 3 | 49 | ||||||
Origin Bancorp, Inc. | 4 | 161 | ||||||
PacWest Bancorp | 9 | 407 | ||||||
Peapack-Gladstone Financial Corp. | 3 | 114 | ||||||
Peoples Bancorp, Inc. | 2 | 63 | ||||||
Popular, Inc. (Puerto Rico) | 10 | 826 | ||||||
QCR Holdings, Inc. | 4 | 226 | ||||||
RBB Bancorp | 2 | 48 | ||||||
Republic Bancorp, Inc., Class A | 1 | 36 | ||||||
Sierra Bancorp | 1 | 31 | ||||||
Signature Bank | 4 | 1,094 | ||||||
SmartFinancial, Inc. | 4 | 110 | ||||||
South Plains Financial, Inc. | 1 | 16 | ||||||
Synovus Financial Corp. | 9 | 426 | ||||||
United Community Banks, Inc. | 7 | 233 | ||||||
Valley National Bancorp | 36 | 469 | ||||||
Veritex Holdings, Inc. | 9 | 328 | ||||||
Webster Financial Corp. | 4 | 252 | ||||||
Western Alliance Bancorp | 4 | 315 | ||||||
Wintrust Financial Corp. | 3 | 279 | ||||||
Zions Bancorp NA | 9 | 603 | ||||||
|
| |||||||
17,139 | ||||||||
|
| |||||||
Beverages — 0.1% | ||||||||
Coca-Cola Consolidated, Inc. | — | (a) | 224 | |||||
|
| |||||||
Biotechnology — 7.0% | ||||||||
2seventy bio, Inc.*(b) | — | (a) | 5 | |||||
Adagio Therapeutics, Inc.* | 41 | 189 | ||||||
Akebia Therapeutics, Inc.* | 142 | 102 | ||||||
Alector, Inc.* | 10 | 145 | ||||||
Allogene Therapeutics, Inc.* | 10 | 91 | ||||||
Amicus Therapeutics, Inc.* | 96 | 904 | ||||||
AnaptysBio, Inc.* | 27 | 668 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 11 | 501 | ||||||
Atara Biotherapeutics, Inc.* | 2 | 19 | ||||||
Beam Therapeutics, Inc.*(b) | 7 | 401 | ||||||
Biohaven Pharmaceutical Holding Co. Ltd.* | 2 | 261 | ||||||
Bluebird Bio, Inc.*(b) | 1 | 4 | ||||||
Blueprint Medicines Corp.* | 5 | 287 | ||||||
Bolt Biotherapeutics, Inc.*(b) | 6 | 17 | ||||||
Bridgebio Pharma, Inc.*(b) | 5 | 55 | ||||||
CareDx, Inc.* | 3 | 111 | ||||||
Catalyst Pharmaceuticals, Inc.* | 44 | 362 | ||||||
Chinook Therapeutics, Inc.*(b) | 13 | 217 | ||||||
Coherus Biosciences, Inc.*(b) | 14 | 174 | ||||||
Decibel Therapeutics, Inc.*(b) | 19 | 57 | ||||||
Fate Therapeutics, Inc.* | 26 | 1,011 | ||||||
Frequency Therapeutics, Inc.* | 46 | 96 | ||||||
Gritstone bio, Inc.* | 3 | 11 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Inozyme Pharma, Inc.* | 38 | 155 | ||||||
Intellia Therapeutics, Inc.* | 9 | 639 | ||||||
Jounce Therapeutics, Inc.* | 8 | 55 | ||||||
Kronos Bio, Inc.*(b) | 14 | 103 | ||||||
Kura Oncology, Inc.* | 1 | 23 | ||||||
Kymera Therapeutics, Inc.* | 14 | 576 | ||||||
MeiraGTx Holdings plc* | 7 | 97 | ||||||
Molecular Templates, Inc.*(b) | 27 | 93 | ||||||
Mustang Bio, Inc.*(b) | 69 | 69 | ||||||
Myriad Genetics, Inc.* | 22 | 547 | ||||||
Natera, Inc.* | 5 | 199 | ||||||
PMV Pharmaceuticals, Inc.*(b) | 28 | 579 | ||||||
PTC Therapeutics, Inc.* | 8 | 291 | ||||||
Radius Health, Inc.* | 1 | 10 | ||||||
Relay Therapeutics, Inc.* | 20 | 603 | ||||||
REVOLUTION Medicines, Inc.*(b) | 15 | 393 | ||||||
Sage Therapeutics, Inc.* | 4 | 146 | ||||||
Sarepta Therapeutics, Inc.* | 11 | 828 | ||||||
Sera Prognostics, Inc., Class A*(b) | 45 | 171 | ||||||
SpringWorks Therapeutics, Inc.* | 7 | 401 | ||||||
Spruce Biosciences, Inc.*(b) | 13 | 27 | ||||||
Sutro Biopharma, Inc.* | 2 | 19 | ||||||
TCR2 Therapeutics, Inc.* | 5 | 13 | ||||||
Travere Therapeutics, Inc.* | 30 | 781 | ||||||
Turning Point Therapeutics, Inc.* | 6 | 158 | ||||||
Vericel Corp.* | 7 | 260 | ||||||
Xencor, Inc.* | 37 | 992 | ||||||
Y-mAbs Therapeutics, Inc.*(b) | 1 | 10 | ||||||
|
| |||||||
13,926 | ||||||||
|
| |||||||
Building Products — 1.5% | ||||||||
Apogee Enterprises, Inc. | 4 | 190 | ||||||
Builders FirstSource, Inc.* | 27 | 1,727 | ||||||
Cornerstone Building Brands, Inc.* | 13 | 304 | ||||||
Quanex Building Products Corp.(b) | 10 | 206 | ||||||
Resideo Technologies, Inc.* | 5 | 122 | ||||||
UFP Industries, Inc. | 6 | 494 | ||||||
|
| |||||||
3,043 | ||||||||
|
| |||||||
Capital Markets — 1.4% | ||||||||
AssetMark Financial Holdings, Inc.* | 2 | 36 | ||||||
Blucora, Inc.* | 17 | 332 | ||||||
Cowen, Inc., Class A | 10 | 269 | ||||||
Donnelley Financial Solutions, Inc.* | 23 | 752 | ||||||
Federated Hermes, Inc. | 1 | 34 | ||||||
Focus Financial Partners, Inc., Class A* | 12 | 544 | ||||||
Piper Sandler Cos. | 2 | 276 | ||||||
Stifel Financial Corp. | 6 | 390 | ||||||
Virtus Investment Partners, Inc. | 1 | 222 | ||||||
|
| |||||||
2,855 | ||||||||
|
| |||||||
Chemicals — 1.9% | ||||||||
AdvanSix, Inc. | 7 | 347 | ||||||
Avient Corp. | 15 | 706 | ||||||
Cabot Corp. | 9 | 629 | ||||||
Ecovyst, Inc. | 6 | 72 | ||||||
HB Fuller Co. | 9 | 601 | ||||||
Ingevity Corp.* | 6 | 397 | ||||||
Koppers Holdings, Inc. | 1 | 39 | ||||||
Minerals Technologies, Inc. | 2 | 159 | ||||||
Sensient Technologies Corp. | 2 | 134 | ||||||
Trinseo plc | 3 | 153 | ||||||
Tronox Holdings plc, Class A | 19 | 370 | ||||||
Zymergen, Inc.* | 29 | 83 | ||||||
|
| |||||||
3,690 | ||||||||
|
| |||||||
Commercial Services & Supplies — 1.8% | ||||||||
ABM Industries, Inc. | 34 | 1,556 | ||||||
ACCO Brands Corp. | 26 | 206 | ||||||
Brink’s Co. (The) | 4 | 245 | ||||||
HNI Corp. | 6 | 211 | ||||||
MillerKnoll, Inc. | 16 | 570 | ||||||
SP Plus Corp.* | 10 | 298 | ||||||
Tetra Tech, Inc. | 3 | 462 | ||||||
|
| |||||||
3,548 | ||||||||
|
| |||||||
Construction & Engineering — 2.2% | ||||||||
Argan, Inc. | 21 | 852 | ||||||
Comfort Systems USA, Inc. | 10 | 846 | ||||||
EMCOR Group, Inc. | 8 | 921 | ||||||
Fluor Corp.* | 4 | 115 | ||||||
Great Lakes Dredge & Dock Corp.* | 30 | 415 | ||||||
MasTec, Inc.* | 9 | 749 | ||||||
Primoris Services Corp. | 14 | 326 | ||||||
Sterling Construction Co., Inc.* | 8 | 204 | ||||||
|
| |||||||
4,428 | ||||||||
|
| |||||||
Consumer Finance — 0.4% | ||||||||
Green Dot Corp., Class A* | 8 | 220 | ||||||
Navient Corp. | 6 | 101 | ||||||
Nelnet, Inc., Class A | 1 | 110 | ||||||
PROG Holdings, Inc.* | 13 | 383 | ||||||
|
| |||||||
814 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% | ||||||||
Greif, Inc., Class A | 6 | 416 | ||||||
|
| |||||||
Diversified Consumer Services — 0.0%(c) | ||||||||
WW International, Inc.* | 6 | 63 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.7% | ||||||||
IDT Corp., Class B* | 26 | 869 | ||||||
Liberty Latin America Ltd., Class A (Chile)* | 21 | 199 | ||||||
Liberty Latin America Ltd., Class C (Chile)* | 19 | 178 | ||||||
Ooma, Inc.* | 12 | 174 | ||||||
|
| |||||||
1,420 | ||||||||
|
| |||||||
Electric Utilities — 0.7% | ||||||||
IDACORP, Inc. | 2 | 231 | ||||||
Portland General Electric Co. | 14 | 776 | ||||||
Via Renewables, Inc. | 43 | 353 | ||||||
|
| |||||||
1,360 | ||||||||
|
| |||||||
Electrical Equipment — 0.9% | ||||||||
Atkore, Inc.* | 11 | 1,068 | ||||||
AZZ, Inc. | 7 | 352 | ||||||
Bloom Energy Corp., Class A*(b) | 14 | 331 | ||||||
Powell Industries, Inc. | 2 | 39 | ||||||
|
| |||||||
1,790 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 3.0% | ||||||||
Advanced Energy Industries, Inc. | 6 | 473 | ||||||
Benchmark Electronics, Inc. | 30 | 739 | ||||||
Fabrinet (Thailand)* | 7 | 683 | ||||||
OSI Systems, Inc.* | 6 | 477 | ||||||
Sanmina Corp.* | 23 | 938 | ||||||
ScanSource, Inc.* | 6 | 212 | ||||||
TTM Technologies, Inc.* | 105 | 1,550 | ||||||
Vishay Intertechnology, Inc. | 24 | 474 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Vishay Precision Group, Inc.* | 11 | 350 | ||||||
|
| |||||||
5,896 | ||||||||
|
| |||||||
Energy Equipment & Services — 1.1% | ||||||||
ChampionX Corp.* | 20 | 477 | ||||||
National Energy Services Reunited Corp.* | 8 | 70 | ||||||
Newpark Resources, Inc.* | 32 | 117 | ||||||
NexTier Oilfield Solutions, Inc.* | 56 | 517 | ||||||
Oil States International, Inc.* | 15 | 107 | ||||||
Patterson-UTI Energy, Inc. | 20 | 308 | ||||||
Select Energy Services, Inc., Class A* | 44 | 375 | ||||||
Solaris Oilfield Infrastructure, Inc., Class A | 19 | 211 | ||||||
|
| |||||||
2,182 | ||||||||
|
| |||||||
Entertainment — 1.2% | ||||||||
AMC Entertainment Holdings, Inc., Class A*(b) | 27 | 673 | ||||||
Cinemark Holdings, Inc.* | 18 | 309 | ||||||
IMAX Corp.* | 43 | 807 | ||||||
Lions Gate Entertainment Corp., Class A* | 39 | 640 | ||||||
|
| |||||||
2,429 | ||||||||
|
| |||||||
Equity Real Estate Investment Trusts (REITs) — 6.2% | ||||||||
Agree Realty Corp. | 1 | 80 | ||||||
Alexander & Baldwin, Inc. | 13 | 311 | ||||||
American Assets Trust, Inc. | 2 | 83 | ||||||
Apple Hospitality REIT, Inc. | 43 | 769 | ||||||
Armada Hoffler Properties, Inc. | 12 | 168 | ||||||
Broadstone Net Lease, Inc. | 8 | 166 | ||||||
CareTrust REIT, Inc. | 7 | 129 | ||||||
Centerspace | 2 | 196 | ||||||
Chatham Lodging Trust* | 2 | 32 | ||||||
City Office REIT, Inc. | 9 | 154 | ||||||
Community Healthcare Trust, Inc. | 2 | 68 | ||||||
Corporate Office Properties Trust | 4 | 120 | ||||||
Cousins Properties, Inc. | 5 | 196 | ||||||
DiamondRock Hospitality Co.* | 13 | 129 | ||||||
DigitalBridge Group, Inc.* | 53 | 378 | ||||||
EastGroup Properties, Inc. | 3 | 681 | ||||||
Essential Properties Realty Trust, Inc. | 7 | 164 | ||||||
First Industrial Realty Trust, Inc. | 7 | 433 | ||||||
Four Corners Property Trust, Inc. | 11 | 284 | ||||||
Getty Realty Corp. | 2 | 43 | ||||||
Gladstone Commercial Corp. | 6 | 139 | ||||||
Global Medical REIT, Inc. | 4 | 67 | ||||||
Healthcare Realty Trust, Inc. | 21 | 580 | ||||||
Highwoods Properties, Inc. | 1 | 50 | ||||||
Independence Realty Trust, Inc. | 12 | 323 | ||||||
Innovative Industrial Properties, Inc. | — | (a) | 41 | |||||
Kite Realty Group Trust | 29 | 658 | ||||||
National Storage Affiliates Trust | 13 | 840 | ||||||
Necessity Retail REIT, Inc. (The) | 9 | 74 | ||||||
NETSTREIT Corp.(b) | 2 | 54 | ||||||
Paramount Group, Inc. | 12 | 134 | ||||||
Phillips Edison & Co., Inc. | 7 | 254 | ||||||
Physicians Realty Trust | 11 | 184 | ||||||
Piedmont Office Realty Trust, Inc., Class A | 15 | 253 | ||||||
Plymouth Industrial REIT, Inc. | 13 | 341 | ||||||
PotlatchDeltic Corp. | 13 | 707 | ||||||
Retail Opportunity Investments Corp. | 19 | 363 | ||||||
RLJ Lodging Trust | 4 | 59 | ||||||
Ryman Hospitality Properties, Inc.* | 4 | 325 | ||||||
SITE Centers Corp. | 26 | 434 | ||||||
STAG Industrial, Inc. | 14 | 587 | ||||||
Summit Hotel Properties, Inc.* | 4 | 44 | ||||||
Sunstone Hotel Investors, Inc.* | 7 | 80 | ||||||
Terreno Realty Corp. | 6 | 452 | ||||||
UMH Properties, Inc. | 7 | 165 | ||||||
Xenia Hotels & Resorts, Inc.* | 26 | 500 | ||||||
|
| |||||||
12,292 | ||||||||
|
| |||||||
Food & Staples Retailing — 1.8% | ||||||||
Andersons, Inc. (The) | 9 | 442 | ||||||
BJ’s Wholesale Club Holdings, Inc.* | 15 | 1,041 | ||||||
SpartanNash Co. | 12 | 386 | ||||||
Sprouts Farmers Market, Inc.* | 40 | 1,292 | ||||||
United Natural Foods, Inc.* | 11 | 455 | ||||||
|
| |||||||
3,616 | ||||||||
|
| |||||||
Food Products — 0.6% | ||||||||
Bunge Ltd. | 2 | 233 | ||||||
Darling Ingredients, Inc.* | 11 | 852 | ||||||
Seneca Foods Corp., Class A* | 2 | 113 | ||||||
|
| |||||||
1,198 | ||||||||
|
| |||||||
Gas Utilities — 0.7% | ||||||||
Brookfield Infrastructure Corp., Class A (Canada) | 6 | 453 | ||||||
Chesapeake Utilities Corp. | 2 | 289 | ||||||
Southwest Gas Holdings, Inc. | 5 | 415 | ||||||
Spire, Inc. | 5 | 330 | ||||||
|
| |||||||
1,487 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 3.8% | ||||||||
Alphatec Holdings, Inc.*(b) | 14 | 160 | ||||||
Apyx Medical Corp.* | 11 | 69 | ||||||
Cutera, Inc.* | 18 | 1,270 | ||||||
Heska Corp.*(b) | 3 | 373 | ||||||
Inogen, Inc.* | 1 | 45 | ||||||
iRhythm Technologies, Inc.* | 11 | 1,780 | ||||||
Lantheus Holdings, Inc.* | 5 | 254 | ||||||
Merit Medical Systems, Inc.* | 4 | 279 | ||||||
Natus Medical, Inc.* | 8 | 215 | ||||||
NuVasive, Inc.* | 23 | 1,321 | ||||||
Ortho Clinical Diagnostics Holdings plc* | 41 | 766 | ||||||
Orthofix Medical, Inc.*(b) | 17 | 553 | ||||||
Outset Medical, Inc.* | 3 | 154 | ||||||
SI-BONE, Inc.* | 13 | 296 | ||||||
|
| |||||||
7,535 | ||||||||
|
| |||||||
Health Care Providers & Services — 3.2% | ||||||||
AdaptHealth Corp.* | 38 | 611 | ||||||
Cross Country Healthcare, Inc.* | 11 | 234 | ||||||
Hanger, Inc.* | 10 | 176 | ||||||
LHC Group, Inc.* | 1 | 185 | ||||||
ModivCare, Inc.* | 4 | 508 | ||||||
National HealthCare Corp. | 3 | 225 | ||||||
Option Care Health, Inc.* | 46 | 1,299 | ||||||
Owens & Minor, Inc. | 13 | 555 | ||||||
Select Medical Holdings Corp. | 26 | 612 | ||||||
Tenet Healthcare Corp.* | 17 | 1,459 | ||||||
Tivity Health, Inc.* | 17 | 544 | ||||||
|
| |||||||
6,408 | ||||||||
|
| |||||||
Health Care Technology — 1.8% | ||||||||
Allscripts Healthcare Solutions, Inc.* | 29 | 655 | ||||||
Inspire Medical Systems, Inc.* | 2 | 488 | ||||||
NextGen Healthcare, Inc.* | 50 | 1,050 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Omnicell, Inc.* | 8 | 984 | ||||||
Schrodinger, Inc.* | 11 | 365 | ||||||
|
| |||||||
3,542 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.4% | ||||||||
Bloomin’ Brands, Inc. | 22 | 485 | ||||||
Boyd Gaming Corp. | 3 | 210 | ||||||
Brinker International, Inc.* | 4 | 161 | ||||||
Dine Brands Global, Inc. | 4 | 327 | ||||||
International Game Technology plc(b) | 7 | 168 | ||||||
Marriott Vacations Worldwide Corp. | 4 | 663 | ||||||
RCI Hospitality Holdings, Inc. | 2 | 104 | ||||||
Scientific Games Corp.* | 5 | 288 | ||||||
SeaWorld Entertainment, Inc.* | 6 | 454 | ||||||
|
| |||||||
2,860 | ||||||||
|
| |||||||
Household Durables — 1.3% | ||||||||
Helen of Troy Ltd.* | 1 | 274 | ||||||
Lifetime Brands, Inc. | 21 | 263 | ||||||
Meritage Homes Corp.* | 3 | 214 | ||||||
Sonos, Inc.* | 14 | 392 | ||||||
Tri Pointe Homes, Inc.* | 59 | 1,181 | ||||||
Tupperware Brands Corp.* | 6 | 107 | ||||||
Universal Electronics, Inc.* | 6 | 200 | ||||||
|
| |||||||
2,631 | ||||||||
|
| |||||||
Household Products — 0.5% | ||||||||
Central Garden & Pet Co., Class A* | 24 | 979 | ||||||
|
| |||||||
Independent Power and Renewable Electricity Producers — 0.8% | ||||||||
Clearway Energy, Inc. | 12 | 387 | ||||||
Clearway Energy, Inc., Class C | 31 | 1,138 | ||||||
Vistra Corp. | 4 | 85 | ||||||
|
| |||||||
1,610 | ||||||||
|
| |||||||
Insurance — 1.2% | ||||||||
American Equity Investment Life Holding Co. | 4 | 173 | ||||||
CNO Financial Group, Inc. | 5 | 115 | ||||||
Employers Holdings, Inc. | 1 | 26 | ||||||
Kinsale Capital Group, Inc. | 1 | 182 | ||||||
RLI Corp. | 6 | 608 | ||||||
Selective Insurance Group, Inc. | 4 | 357 | ||||||
Stewart Information Services Corp. | 15 | 916 | ||||||
|
| |||||||
2,377 | ||||||||
|
| |||||||
Interactive Media & Services — 1.1% | ||||||||
Cars.com, Inc.* | 17 | 250 | ||||||
Liberty TripAdvisor Holdings, Inc., Class A* | 347 | 712 | ||||||
Yelp, Inc.* | 15 | 501 | ||||||
Ziff Davis, Inc.* | 7 | 677 | ||||||
|
| |||||||
2,140 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 0.3% | ||||||||
Overstock.com, Inc.* | 2 | 92 | ||||||
Shutterstock, Inc. | 6 | 540 | ||||||
|
| |||||||
632 | ||||||||
|
| |||||||
IT Services — 1.3% | ||||||||
BM Technologies, Inc.*(b) | 2 | 17 | ||||||
DigitalOcean Holdings, Inc.* | 11 | 637 | ||||||
Perficient, Inc.* | 5 | 539 | ||||||
TTEC Holdings, Inc. | 11 | 941 | ||||||
Unisys Corp.* | 20 | 421 | ||||||
|
| |||||||
2,555 | ||||||||
|
| |||||||
Life Sciences Tools & Services — 0.2% | ||||||||
Adaptive Biotechnologies Corp.* | 4 | 50 | ||||||
Personalis, Inc.* | 28 | 229 | ||||||
Quanterix Corp.* | 6 | 184 | ||||||
|
| |||||||
463 | ||||||||
|
| |||||||
Machinery — 1.6% | ||||||||
Columbus McKinnon Corp. | 12 | 488 | ||||||
Manitowoc Co., Inc. (The)* | 13 | 198 | ||||||
Meritor, Inc.* | 10 | 359 | ||||||
Mueller Industries, Inc. | 4 | 228 | ||||||
Terex Corp. | 16 | 556 | ||||||
Wabash National Corp. | 4 | 65 | ||||||
Watts Water Technologies, Inc., Class A | 10 | 1,326 | ||||||
|
| |||||||
3,220 | ||||||||
|
| |||||||
Marine — 0.3% | ||||||||
Costamare, Inc. (Monaco) | 30 | 505 | ||||||
|
| |||||||
Media — 0.9% | ||||||||
Fluent, Inc.* | 26 | 54 | ||||||
Gray Television, Inc. | 14 | 318 | ||||||
National CineMedia, Inc. | 58 | 146 | ||||||
Sinclair Broadcast Group, Inc., Class A(b) | 11 | 305 | ||||||
TEGNA, Inc. | 47 | 1,056 | ||||||
|
| |||||||
1,879 | ||||||||
|
| |||||||
Metals & Mining — 1.4% | ||||||||
Alcoa Corp. | 6 | 558 | ||||||
Arconic Corp.* | 12 | 305 | ||||||
Cleveland-Cliffs, Inc.* | 9 | 290 | ||||||
Coeur Mining, Inc.* | 19 | 86 | ||||||
Commercial Metals Co. | 18 | 753 | ||||||
Constellium SE* | 14 | 248 | ||||||
Hecla Mining Co. | 10 | 68 | ||||||
Schnitzer Steel Industries, Inc., Class A | 4 | 186 | ||||||
SunCoke Energy, Inc. | 28 | 253 | ||||||
Warrior Met Coal, Inc. | 1 | 41 | ||||||
Worthington Industries, Inc. | 1 | 72 | ||||||
|
| |||||||
2,860 | ||||||||
|
| |||||||
Mortgage Real Estate Investment Trusts (REITs) — 1.5% | ||||||||
Ares Commercial Real Estate Corp. | 21 | 321 | ||||||
Blackstone Mortgage Trust, Inc., Class A | 21 | 654 | ||||||
Brightspire Capital, Inc. | 4 | 38 | ||||||
Ellington Financial, Inc. | 15 | 273 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 7 | 337 | ||||||
KKR Real Estate Finance Trust, Inc. | 30 | 608 | ||||||
Ladder Capital Corp. | 24 | 287 | ||||||
MFA Financial, Inc. | 14 | 55 | ||||||
Ready Capital Corp. | 10 | 157 | ||||||
Redwood Trust, Inc. | 17 | 176 | ||||||
TPG RE Finance Trust, Inc. | 14 | 161 | ||||||
|
| |||||||
3,067 | ||||||||
|
| |||||||
Multiline Retail — 1.0% | ||||||||
Dillard’s, Inc., Class A(b) | 4 | 1,060 | ||||||
Macy’s, Inc. | 38 | 914 | ||||||
|
| |||||||
1,974 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 5.1% | ||||||||
Antero Resources Corp.* | 38 | 1,157 | ||||||
Arch Resources, Inc. | 5 | 618 | ||||||
Berry Corp. | 29 | 303 | ||||||
CNX Resources Corp.* | 9 | 180 | ||||||
CVR Energy, Inc. | 8 | 197 | ||||||
Delek US Holdings, Inc.* | 4 | 90 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Green Plains, Inc.*(b) | 8 | 254 | ||||||
Magnolia Oil & Gas Corp., Class A | 20 | 482 | ||||||
Matador Resources Co. | 17 | 879 | ||||||
Oasis Petroleum, Inc. | 2 | 307 | ||||||
Ovintiv, Inc. | 54 | 2,921 | ||||||
PBF Energy, Inc., Class A* | 2 | 37 | ||||||
PDC Energy, Inc. | 20 | 1,461 | ||||||
Peabody Energy Corp.* | 6 | 142 | ||||||
REX American Resources Corp.* | 1 | 70 | ||||||
SFL Corp. Ltd. (Norway) | 12 | 120 | ||||||
SM Energy Co. | 7 | 277 | ||||||
Southwestern Energy Co.* | 85 | 607 | ||||||
|
| |||||||
10,102 | ||||||||
|
| |||||||
Paper & Forest Products — 0.5% |
| |||||||
Clearwater Paper Corp.* | 1 | 28 | ||||||
Louisiana-Pacific Corp. | 6 | 373 | ||||||
Schweitzer-Mauduit International, Inc. | 20 | 536 | ||||||
|
| |||||||
937 | ||||||||
|
| |||||||
Personal Products — 0.7% |
| |||||||
Edgewell Personal Care Co. | 18 | 653 | ||||||
elf Beauty, Inc.* | 16 | 400 | ||||||
Medifast, Inc. | 2 | 256 | ||||||
|
| |||||||
1,309 | ||||||||
|
| |||||||
Pharmaceuticals — 1.2% |
| |||||||
Angion Biomedica Corp.* | 16 | 34 | ||||||
Arvinas, Inc.* | — | (a) | 27 | |||||
Axsome Therapeutics, Inc.* | 19 | 770 | ||||||
Cara Therapeutics, Inc.* | 6 | 70 | ||||||
Durect Corp.*(b) | 326 | 219 | ||||||
Landos Biopharma, Inc.* | 22 | 32 | ||||||
Lannett Co., Inc.*(b) | 100 | 79 | ||||||
NGM Biopharmaceuticals, Inc.* | 14 | 210 | ||||||
Phibro Animal Health Corp., Class A | 4 | 72 | ||||||
Revance Therapeutics, Inc.* | 47 | 923 | ||||||
|
| |||||||
2,436 | ||||||||
|
| |||||||
Professional Services — 2.6% |
| |||||||
Barrett Business Services, Inc. | 10 | 759 | ||||||
Heidrick & Struggles International, Inc. | 9 | 344 | ||||||
KBR, Inc. | 25 | 1,363 | ||||||
Kelly Services, Inc., Class A | 4 | 91 | ||||||
Kforce, Inc. | 7 | 518 | ||||||
Korn Ferry | 17 | 1,130 | ||||||
TriNet Group, Inc.* | 5 | 521 | ||||||
TrueBlue, Inc.* | 14 | 402 | ||||||
|
| |||||||
5,128 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.7% |
| |||||||
Cushman & Wakefield plc* | 33 | 685 | ||||||
Jones Lang LaSalle, Inc.* | 1 | 172 | ||||||
Kennedy-Wilson Holdings, Inc. | 13 | 320 | ||||||
Realogy Holdings Corp.* | 9 | 144 | ||||||
RMR Group, Inc. (The), Class A | 1 | 44 | ||||||
|
| |||||||
1,365 | ||||||||
|
| |||||||
Road & Rail — 0.5% |
| |||||||
ArcBest Corp. | 7 | 600 | ||||||
Avis Budget Group, Inc.* | 2 | 421 | ||||||
|
| |||||||
1,021 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.2% |
| |||||||
Alpha & Omega Semiconductor Ltd.* | 14 | 792 | ||||||
Ambarella, Inc.* | 2 | 210 | ||||||
Amkor Technology, Inc. | 24 | 528 | ||||||
Diodes, Inc.* | 3 | 270 | ||||||
Ichor Holdings Ltd.* | 7 | 256 | ||||||
PDF Solutions, Inc.*(b) | 6 | 153 | ||||||
Power Integrations, Inc. | 5 | 491 | ||||||
Rambus, Inc.* | 4 | 137 | ||||||
Semtech Corp.* | 6 | 402 | ||||||
SMART Global Holdings, Inc.* | 23 | 599 | ||||||
Synaptics, Inc.* | 1 | 100 | ||||||
Ultra Clean Holdings, Inc.* | 9 | 360 | ||||||
|
| |||||||
4,298 | ||||||||
|
| |||||||
Software — 4.3% |
| |||||||
Asana, Inc., Class A* | 13 | 508 | ||||||
Avaya Holdings Corp.* | 26 | 333 | ||||||
Blackbaud, Inc.* | 4 | 239 | ||||||
Blackline, Inc.* | 2 | 176 | ||||||
Cerence, Inc.* | 3 | 105 | ||||||
Consensus Cloud Solutions, Inc.* | 2 | 136 | ||||||
Digital Turbine, Inc.* | 7 | 302 | ||||||
eGain Corp.* | 54 | 624 | ||||||
JFrog Ltd. (Israel)* | 2 | 57 | ||||||
Marathon Digital Holdings, Inc.*(b) | 11 | 296 | ||||||
MicroStrategy, Inc., Class A*(b) | — | (a) | 122 | |||||
Mimecast Ltd.* | 17 | 1,384 | ||||||
PagerDuty, Inc.* | 10 | 328 | ||||||
Paycor HCM, Inc.* | 10 | 298 | ||||||
SailPoint Technologies Holding, Inc.* | 6 | 281 | ||||||
SPS Commerce, Inc.* | 1 | 66 | ||||||
Tenable Holdings, Inc.* | 3 | 196 | ||||||
Verint Systems, Inc.* | 39 | 2,022 | ||||||
Workiva, Inc.* | 1 | 59 | ||||||
Xperi Holding Corp. | 25 | 438 | ||||||
Zuora, Inc., Class A* | 43 | 649 | ||||||
|
| |||||||
8,619 | ||||||||
|
| |||||||
Specialty Retail — 2.2% |
| |||||||
Aaron’s Co., Inc. (The) | 3 | 63 | ||||||
Academy Sports & Outdoors, Inc.(b) | 12 | 453 | ||||||
Asbury Automotive Group, Inc.* | 3 | 449 | ||||||
Genesco, Inc.* | 6 | 361 | ||||||
Group 1 Automotive, Inc. | 4 | 596 | ||||||
Guess?, Inc.(b) | 11 | 234 | ||||||
Hibbett, Inc. | 7 | 319 | ||||||
ODP Corp. (The)* | 3 | 135 | ||||||
Rent-A-Center, Inc.(b) | 24 | 607 | ||||||
Signet Jewelers Ltd. | 12 | 836 | ||||||
Zumiez, Inc.* | 8 | 313 | ||||||
|
| |||||||
4,366 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 1.0% |
| |||||||
Avid Technology, Inc.* | 11 | 380 | ||||||
Super Micro Computer, Inc.* | 41 | 1,561 | ||||||
|
| |||||||
1,941 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 1.1% |
| |||||||
Crocs, Inc.* | 2 | 153 | ||||||
Deckers Outdoor Corp.* | 5 | 1,253 | ||||||
G-III Apparel Group Ltd.* | 3 | 73 | ||||||
Kontoor Brands, Inc. | 7 | 281 | ||||||
Movado Group, Inc. | 8 | 320 | ||||||
PLBY Group, Inc.*(b) | 8 | 101 | ||||||
|
| |||||||
2,181 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 2.7% |
| |||||||
Axos Financial, Inc.* | 6 | 264 | ||||||
Essent Group Ltd. | 17 | 696 | ||||||
Flagstar Bancorp, Inc. | 17 | 734 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
FS Bancorp, Inc. | 1 | 43 | ||||||
Kearny Financial Corp. | 12 | 160 | ||||||
Luther Burbank Corp. | 5 | 61 | ||||||
Merchants Bancorp | 1 | 21 | ||||||
MGIC Investment Corp. | 21 | 279 | ||||||
Mr. Cooper Group, Inc.* | 10 | 461 | ||||||
NMI Holdings, Inc., Class A* | 14 | 287 | ||||||
PennyMac Financial Services, Inc. | 2 | 128 | ||||||
Provident Bancorp, Inc. | 10 | 159 | ||||||
Provident Financial Services, Inc. | 7 | 158 | ||||||
Radian Group, Inc. | 34 | 759 | ||||||
Walker & Dunlop, Inc. | 8 | 970 | ||||||
Washington Federal, Inc. | 5 | 158 | ||||||
|
| |||||||
5,338 | ||||||||
|
| |||||||
Trading Companies & Distributors — 5.0% |
| |||||||
Applied Industrial Technologies, Inc. | 2 | 236 | ||||||
Beacon Roofing Supply, Inc.* | 9 | 509 | ||||||
Boise Cascade Co. | 7 | 472 | ||||||
GMS, Inc.*(b) | 40 | 1,989 | ||||||
Herc Holdings, Inc. | 13 | 2,088 | ||||||
MRC Global, Inc.* | 20 | 235 | ||||||
NOW, Inc.* | 55 | 609 | ||||||
Rush Enterprises, Inc., Class A | 29 | 1,487 | ||||||
Titan Machinery, Inc.* | 3 | 88 | ||||||
Veritiv Corp.* | 6 | 828 | ||||||
WESCO International, Inc.* | 12 | 1,497 | ||||||
|
| |||||||
10,038 | ||||||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $154,451) |
| 192,916 | ||||||
|
| |||||||
| No. of Rights (000) | | ||||||
RIGHTS — 0.0%(c) |
| |||||||
Biotechnology — 0.0%(c) | ||||||||
Contra Aduro Biotech I*‡ (Cost $63) | 21 | — | (a) | |||||
|
| |||||||
Shares (000) | ||||||||
SHORT-TERM INVESTMENTS — 6.4% |
| |||||||
INVESTMENT COMPANIES — 3.3% |
| |||||||
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, 0.22%(d)(e) | 6,635 | 6,635 | ||||||
|
| |||||||
INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED — 3.1% |
| |||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.30%(d)(e) 4,693 |
| 4,689 | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.26%(d)(e) 1,431 |
| 1,431 | ||||||
|
| |||||||
TOTAL INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED (Cost $6,121) |
| 6,120 | ||||||
|
| |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $12,756) |
| 12,755 | ||||||
|
| |||||||
Total Investments — 103.2% (Cost $167,270) |
| 205,671 | ||||||
Liabilities in Excess of Other Assets — (3.2)% |
| (6,379 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| 199,292 | ||||||
|
| |||||||
Percentages indicated are based on net assets. |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
Abbreviations | ||
REIT | Real Estate Investment Trust |
(a) | Amount rounds to less than one thousand. |
(b) | The security or a portion of this security is on loan at March 31, 2022. The total value of securities on loan at March 31, 2022 is $5,751. |
(c) | Amount rounds to less than 0.1% of net assets. |
(d) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(e) | The rate shown is the current yield as of March 31, 2022. |
* | Non-income producing security. |
‡ | Value determined using significant unobservable inputs. |
Futures contracts outstanding as of March 31, 2022 (amounts in thousands, except number of contracts):
Description | Number of Contracts | Expiration Date | Trading Currency | Notional Amount ($) | Value and Unrealized Appreciation (Depreciation) ($) | |||||||||||||||
Long Contracts |
| |||||||||||||||||||
Russell 2000 E-Mini Index | 57 | 06/2022 | USD | 5,886 | 260 | |||||||||||||||
|
|
Abbreviations | ||
USD | United States Dollar |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (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 Portfolio’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.
J.P. Morgan Investment Management Inc. (the “Administrator”) has established the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to assist the Board with the oversight and monitoring of the valuation of the Portfolio’s investments. The Administrator implements the valuation policies of the Portfolio’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Portfolio. This 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 Portfolio’s investments. Investments for which market quotations are not readily available are fair valued by approved affiliated and/or unaffiliated approved 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.
Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset values (“NAV”) of the Portfolio are calculated on a valuation date.
Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s NAV per share as of the report date.
Futures contracts are generally valued on the basis of available market quotations.
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 Portfolio’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 Portfolio’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.
The following table represents each valuation input as presented on the Schedule of Portfolio Investments:
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |||||||||||||
Investments in Securities |
| |||||||||||||||
Common Stocks | $ | 192,916 | $ | — | $ | — | $ | 192,916 | ||||||||
Rights | — | — | — | (a) | — | (a) | ||||||||||
Short-Term Investments |
| |||||||||||||||
Investment Companies | 6,635 | — | — | 6,635 | ||||||||||||
Investment of Cash Collateral from Securities Loaned | 6,120 | — | — | 6,120 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Short-Term Investments | 12,755 | — | — | 12,755 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments in Securities | $ | 205,671 | $ | — | $ | — | (a) | $ | 205,671 | |||||||
|
|
|
|
|
|
|
| |||||||||
Appreciation in Other Financial Instruments |
| |||||||||||||||
Futures Contracts | $ | 260 | $ | — | $ | — | $ | 260 | ||||||||
|
|
|
|
|
|
|
|
(a) | Amount rounds to less than one thousand. |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF MARCH 31, 2022 (Unaudited) (continued)
(Dollar values in thousands)
B. Investment Transactions with Affiliates — The Portfolio invested in Underlying Funds, which are advised by the Adviser. An issuer which is under common control with the Portfolio may be considered an affiliate. The Portfolio assumes the issuers listed in the table below to be affiliated issuers. Underlying Funds’ distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.
For the period ended March 31, 2022 | ||||||||||||||||||||||||||||||||||||
Security Description | Value at December 31, 2021 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at March 31, 2022 | Shares at March 31, 2022 | Dividend Income | Capital Gain Distributions | |||||||||||||||||||||||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.30%(a)(b) | $ | 9,193 | $ | 8,000 | $ | 12,500 | $ | (4 | ) | $ | — | (c) | $ | 4,689 | 4,693 | $ | 2 | $ | — | |||||||||||||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.26%(a)(b) | 2,374 | 12,197 | 13,140 | — | — | 1,431 | 1,431 | — | (c) | — | ||||||||||||||||||||||||||
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, 0.22%(a)(b) | 6,890 | 11,979 | 12,234 | — | — | 6,635 | 6,635 | 1 | — | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||
Total | $ | 18,457 | $ | 32,176 | $ | 37,874 | $ | (4 | ) | $ | — | (c) | $ | 12,755 | $ | 3 | $ | — | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 March 31, 2022. |
(c) | Amount rounds to less than one thousand. |