JPMorgan Insurance Trust Income Builder Portfolio
Schedule of Portfolio Investments as of September 30, 2022
(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., 2022. |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — 34.9% | ||
Australia — 0.2% | ||
Australia & New Zealand Banking Group Ltd. (USD ICE Swap Rate 5 Year + 5.17%), 6.75%, 6/15/2026 (a) (b) (c) (d) | 200 | 191 |
FMG Resources August 2006 Pty. Ltd. 4.50%, 9/15/2027 (a) | 12 | 10 |
Glencore Funding LLC 2.50%, 9/1/2030 (a) | 6 | 5 |
206 | ||
Belgium — 0.0% ^ | ||
Anheuser-Busch InBev Worldwide, Inc. | ||
3.50%, 6/1/2030 | 19 | 17 |
4.38%, 4/15/2038 | 1 | 1 |
18 | ||
Canada — 1.3% | ||
1011778 BC ULC 3.88%, 1/15/2028 (a) | 17 | 15 |
Bank of Montreal Series H, 4.70%, 9/14/2027 | 5 | 5 |
Bank of Nova Scotia (The) | ||
(ICE LIBOR USD 3 Month + 2.65%), 4.65%, 10/12/2022 (b) (c) (d) | 13 | 11 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.55%), 4.90%, 6/4/2025 (b) (c) (d) | 18 | 16 |
1.30%, 9/15/2026 | 5 | 4 |
Baytex Energy Corp. 8.75%, 4/1/2027 (a) | 40 | 40 |
Bell Canada (The) Series US-5, 2.15%, 2/15/2032 | 6 | 5 |
Bombardier, Inc. 7.50%, 3/15/2025 (a) | 34 | 33 |
Emera, Inc. (ICE LIBOR USD 3 Month + 5.44%), 6.75%, 6/15/2076 (d) | 240 | 228 |
Enbridge, Inc. | ||
Series 16-A, (ICE LIBOR USD 3 Month + 3.89%), 6.00%, 1/15/2077 (d) | 10 | 9 |
(ICE LIBOR USD 3 Month + 3.64%), 6.25%, 3/1/2078 (d) | 25 | 22 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 5.31%), 5.75%, 7/15/2080 (d) | 117 | 103 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.42%), 7.63%, 1/15/2083 (d) | 58 | 56 |
GFL Environmental, Inc. 3.50%, 9/1/2028 (a) | 190 | 160 |
NOVA Chemicals Corp. | ||
5.00%, 5/1/2025 (a) | 89 | 80 |
5.25%, 6/1/2027 (a) | 26 | 22 |
4.25%, 5/15/2029 (a) | 40 | 31 |
Precision Drilling Corp. 7.13%, 1/15/2026 (a) | 23 | 22 |
Quebecor Media, Inc. 5.75%, 1/15/2023 | 130 | 129 |
Rogers Communications, Inc. | ||
3.80%, 3/15/2032 (a) | 5 | 4 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.59%), 5.25%, 3/15/2082 (a) (d) | 40 | 35 |
Toronto-Dominion Bank (The) 4.69%, 9/15/2027 | 5 | 5 |
Transcanada Trust | ||
Series 16-A, (ICE LIBOR USD 3 Month + 4.64%), 5.87%, 8/15/2076 (d) | 33 | 31 |
(SOFR + 4.42%), 5.50%, 9/15/2079 (d) | 72 | 62 |
Videotron Ltd. 5.13%, 4/15/2027 (a) (e) | 32 | 29 |
1,157 | ||
Cayman Islands — 0.0% ^ | ||
Global Aircraft Leasing Co. Ltd. 6.50% (Cash), 9/15/2024 (a) (f) | 34 | 25 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
Finland — 0.1% | ||
Nokia OYJ | ||
4.38%, 6/12/2027 | 12 | 11 |
6.63%, 5/15/2039 | 33 | 30 |
41 | ||
France — 0.7% | ||
Altice France SA 8.13%, 2/1/2027 (a) | 200 | 179 |
Credit Agricole SA (USD Swap Semi 5 Year + 6.19%), 8.12%, 12/23/2025 (a) (b) (c) (d) | 200 | 192 |
Societe Generale SA (USD ICE Swap Rate 5 Year + 5.87%), 8.00%, 9/29/2025 (a) (b) (c) (d) | 200 | 191 |
562 | ||
Germany — 0.0% ^ | ||
Deutsche Telekom International Finance BV 8.75%, 6/15/2030 (g) | 16 | 18 |
Ireland — 0.3% | ||
AerCap Holdings NV (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.54%), 5.87%, 10/10/2079 (d) | 150 | 134 |
Avolon Holdings Funding Ltd. | ||
5.25%, 5/15/2024 (a) | 21 | 20 |
2.53%, 11/18/2027 (a) | 71 | 56 |
Park Aerospace Holdings Ltd. | ||
4.50%, 3/15/2023 (a) | 16 | 16 |
5.50%, 2/15/2024 (a) | 11 | 11 |
237 | ||
Italy — 0.1% | ||
Telecom Italia Capital SA | ||
6.38%, 11/15/2033 | 20 | 16 |
6.00%, 9/30/2034 | 112 | 83 |
99 | ||
Luxembourg — 0.0% ^ | ||
Intelsat Jackson Holdings SA 6.50%, 3/15/2030 (a) | 24 | 20 |
Netherlands — 0.4% | ||
ING Groep NV (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.86%), 3.88%, 5/16/2027 (b) (c) (d) | 200 | 130 |
Shell International Finance BV 2.75%, 4/6/2030 | 5 | 4 |
Trivium Packaging Finance BV 5.50%, 8/15/2026 (a) (g) | 200 | 179 |
313 | ||
Sweden — 0.2% | ||
Svenska Handelsbanken AB (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.05%), 4.75%, 3/1/2031 (b) (c) (d) (h) | 200 | 150 |
Switzerland — 0.6% | ||
Cloverie plc for Zurich Insurance Co. Ltd. (ICE LIBOR USD 3 Month + 4.92%), 5.63%, 6/24/2046 (d) (h) | 200 | 185 |
Credit Suisse Group AG (USD Swap Semi 5 Year + 3.46%), 6.25%, 12/18/2024 (a) (b) (c) (d) | 200 | 171 |
UBS Group AG (USD Swap Semi 5 Year + 4.87%), 7.00%, 2/19/2025 (b) (c) (d) (h) | 200 | 190 |
546 | ||
United Kingdom — 0.8% | ||
BAT Capital Corp. 4.39%, 8/15/2037 | 8 | 6 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United Kingdom — continued | ||
BP Capital Markets plc | ||
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.04%), 4.38%, 6/22/2025 (b) (c) (d) | 26 | 24 |
(EUR Swap Annual 5 Year + 4.12%), 3.63%, 3/22/2029 (b) (c) (d) (h) | EUR100 | 79 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.40%), 4.88%, 3/22/2030 (b) (c) (d) | 142 | 122 |
Nationwide Building Society (U.K. Government Bonds 5 Year Note Generic Bid Yield + 5.63%), 5.75%, 6/20/2027 (b) (c) (d) (h) | GBP250 | 223 |
NatWest Group plc (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 5.63%), 6.00%, 12/29/2025 (b) (c) (d) | 200 | 174 |
Vodafone Group plc | ||
5.00%, 5/30/2038 | 10 | 9 |
(USD Swap Semi 5 Year + 4.87%), 7.00%, 4/4/2079 (d) | 37 | 35 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.77%), 4.12%, 6/4/2081 (d) | 65 | 45 |
717 | ||
United States — 30.2% | ||
7-Eleven, Inc. 1.80%, 2/10/2031 (a) | 6 | 4 |
AbbVie, Inc. 3.20%, 11/21/2029 | 26 | 23 |
Acadia Healthcare Co., Inc. 5.50%, 7/1/2028 (a) | 95 | 87 |
ACCO Brands Corp. 4.25%, 3/15/2029 (a) | 105 | 79 |
Activision Blizzard, Inc. 1.35%, 9/15/2030 | 10 | 8 |
ADT Security Corp. (The) | ||
4.13%, 6/15/2023 | 82 | 81 |
4.88%, 7/15/2032 (a) | 45 | 36 |
Advanced Drainage Systems, Inc. 5.00%, 9/30/2027 (a) | 10 | 9 |
AECOM 5.13%, 3/15/2027 | 53 | 49 |
Aetna, Inc. 3.88%, 8/15/2047 | 10 | 7 |
Air Lease Corp. 3.75%, 6/1/2026 | 5 | 5 |
Albertsons Cos., Inc. | ||
7.50%, 3/15/2026 (a) | 80 | 80 |
5.88%, 2/15/2028 (a) | 38 | 35 |
Alcoa Nederland Holding BV 6.13%, 5/15/2028 (a) | 200 | 189 |
Alexandria Real Estate Equities, Inc., REIT 2.75%, 12/15/2029 | 5 | 4 |
Allied Universal Holdco LLC | ||
6.63%, 7/15/2026 (a) | 13 | 12 |
9.75%, 7/15/2027 (a) | 13 | 11 |
Allison Transmission, Inc. | ||
4.75%, 10/1/2027 (a) | 65 | 57 |
5.88%, 6/1/2029 (a) | 70 | 63 |
Ally Financial, Inc. | ||
5.75%, 11/20/2025 | 110 | 107 |
Series C, (US Treasury Yield Curve Rate T Note Constant Maturity 7 Year + 3.48%), 4.70%, 5/15/2028 (b) (c) (d) | 55 | 39 |
8.00%, 11/1/2031 | 39 | 41 |
Altria Group, Inc. | ||
4.80%, 2/14/2029 | 5 | 5 |
3.40%, 2/4/2041 | 3 | 2 |
AMC Entertainment Holdings, Inc. 10.00% (Cash), 6/15/2026 (a) (f) | 81 | 55 |
Ameren Corp. 3.50%, 1/15/2031 | 5 | 4 |
American Airlines, Inc. | ||
5.50%, 4/20/2026 (a) | 70 | 66 |
5.75%, 4/20/2029 (a) | 85 | 74 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
American Axle & Manufacturing, Inc. | ||
6.25%, 3/15/2026 | 24 | 22 |
6.50%, 4/1/2027 (e) | 53 | 45 |
American Electric Power Co., Inc. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.68%), 3.88%, 2/15/2062 (d) | 42 | 33 |
American International Group, Inc. (ICE LIBOR USD 3 Month + 2.87%), 5.75%, 4/1/2048 (d) | 10 | 9 |
American Tower Corp., REIT 1.50%, 1/31/2028 | 15 | 12 |
AmeriGas Partners LP | ||
5.63%, 5/20/2024 | 25 | 24 |
5.88%, 8/20/2026 | 55 | 50 |
Amgen, Inc. 2.00%, 1/15/2032 | 10 | 8 |
Amkor Technology, Inc. 6.63%, 9/15/2027 (a) | 62 | 60 |
Amsted Industries, Inc. 5.63%, 7/1/2027 (a) | 21 | 19 |
Antero Midstream Partners LP | ||
7.88%, 5/15/2026 (a) | 65 | 65 |
5.38%, 6/15/2029 (a) | 60 | 53 |
Antero Resources Corp. | ||
8.38%, 7/15/2026 (a) | 41 | 43 |
5.38%, 3/1/2030 (a) | 55 | 49 |
Apple, Inc. 4.50%, 2/23/2036 | 3 | 3 |
Aramark Services, Inc. 5.00%, 2/1/2028 (a) | 85 | 76 |
Arches Buyer, Inc. 4.25%, 6/1/2028 (a) | 85 | 66 |
Archrock Partners LP 6.88%, 4/1/2027 (a) | 7 | 6 |
Arconic Corp. 6.00%, 5/15/2025 (a) | 110 | 106 |
Ardagh Packaging Finance plc 4.13%, 8/15/2026 (a) | 200 | 167 |
AT&T, Inc. | ||
2.25%, 2/1/2032 | 6 | 5 |
3.50%, 6/1/2041 | 10 | 7 |
ATI, Inc. 5.88%, 12/1/2027 | 10 | 9 |
Audacy Capital Corp. 6.50%, 5/1/2027 (a) | 41 | 10 |
Avantor Funding, Inc. 4.63%, 7/15/2028 (a) | 85 | 76 |
Avient Corp. 7.13%, 8/1/2030 (a) | 50 | 46 |
Avis Budget Car Rental LLC 5.75%, 7/15/2027 (a) | 24 | 21 |
B&G Foods, Inc. 5.25%, 4/1/2025 | 146 | 127 |
Baker Hughes Holdings LLC 3.14%, 11/7/2029 | 5 | 4 |
Bank of America Corp. | ||
Series U, (ICE LIBOR USD 3 Month + 3.14%), 5.20%, 6/1/2023 (b) (c) (d) | 56 | 54 |
Series X, (ICE LIBOR USD 3 Month + 3.71%), 6.25%, 9/5/2024 (b) (c) (d) | 137 | 132 |
Series Z, (ICE LIBOR USD 3 Month + 4.17%), 6.50%, 10/23/2024 (b) (c) (d) | 53 | 52 |
Series AA, (ICE LIBOR USD 3 Month + 3.90%), 6.10%, 3/17/2025 (b) (c) (d) | 29 | 28 |
Series AA, (ICE LIBOR USD 3 Month + 3.90%), 6.10%, 3/17/2025 (b) (c) (d) | 33 | 32 |
Series DD, (ICE LIBOR USD 3 Month + 4.55%), 6.30%, 3/10/2026 (b) (c) (d) | 177 | 174 |
Series RR, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.76%), 4.38%, 1/27/2027 (b) (c) (d) | 10 | 8 |
Series TT, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.23%), 6.13%, 4/27/2027 (b) (c) (d) | 45 | 43 |
(SOFR + 0.96%), 1.73%, 7/22/2027 (d) | 40 | 34 |
Series FF, (ICE LIBOR USD 3 Month + 2.93%), 5.87%, 3/15/2028 (b) (c) (d) | 82 | 70 |
(SOFR + 1.21%), 2.57%, 10/20/2032 (d) | 10 | 8 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Bank of New York Mellon Corp. (The) | ||
Series H, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.35%), 3.70%, 3/20/2026 (b) (c) (d) | 20 | 18 |
Series F, (ICE LIBOR USD 3 Month + 3.13%), 4.62%, 9/20/2026 (b) (c) (d) | 95 | 84 |
Bath & Body Works, Inc. 7.50%, 6/15/2029 | 100 | 91 |
Bausch Health Americas, Inc. | ||
9.25%, 4/1/2026 (a) | 26 | 15 |
8.50%, 1/31/2027 (a) | 205 | 87 |
Bausch Health Cos., Inc. | ||
5.50%, 11/1/2025 (a) | 121 | 96 |
9.00%, 12/15/2025 (a) | 68 | 43 |
5.75%, 8/15/2027 (a) | 12 | 8 |
5.00%, 1/30/2028 (a) | 340 | 125 |
5.25%, 1/30/2030 (a) | 40 | 15 |
Becton Dickinson and Co. 2.82%, 5/20/2030 | 10 | 8 |
Berry Global, Inc. | ||
4.88%, 7/15/2026 (a) | 84 | 79 |
5.63%, 7/15/2027 (a) | 20 | 19 |
Biogen, Inc. 2.25%, 5/1/2030 | 3 | 2 |
Block, Inc. 3.50%, 6/1/2031 | 150 | 116 |
Boston Properties LP, REIT 2.45%, 10/1/2033 | 5 | 3 |
Boyd Gaming Corp. 4.75%, 12/1/2027 (e) | 70 | 62 |
BP Capital Markets America, Inc. 3.63%, 4/6/2030 | 3 | 3 |
Brink's Co. (The) 4.63%, 10/15/2027 (a) | 75 | 67 |
Bristol-Myers Squibb Co. 4.13%, 6/15/2039 | 9 | 8 |
Broadcom, Inc. 4.30%, 11/15/2032 | 6 | 5 |
Buckeye Partners LP 3.95%, 12/1/2026 | 60 | 52 |
Builders FirstSource, Inc. 4.25%, 2/1/2032 (a) | 70 | 54 |
BWX Technologies, Inc. 4.13%, 4/15/2029 (a) | 120 | 104 |
Caesars Entertainment, Inc. 6.25%, 7/1/2025 (a) | 105 | 101 |
Callon Petroleum Co. 6.38%, 7/1/2026 | 6 | 5 |
Calpine Corp. | ||
5.25%, 6/1/2026 (a) | 29 | 27 |
4.50%, 2/15/2028 (a) | 75 | 66 |
Capital One Financial Corp. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.16%), 3.95%, 9/1/2026 (b) (c) (d) | 64 | 50 |
Carnival Corp. 9.88%, 8/1/2027 (a) | 115 | 113 |
Catalent Pharma Solutions, Inc. 5.00%, 7/15/2027 (a) | 29 | 26 |
CCO Holdings LLC | ||
5.13%, 5/1/2027 (a) | 158 | 143 |
5.00%, 2/1/2028 (a) | 89 | 77 |
5.38%, 6/1/2029 (a) | 270 | 236 |
4.75%, 3/1/2030 (a) | 404 | 328 |
CDW LLC 4.25%, 4/1/2028 | 40 | 36 |
Cedar Fair LP | ||
5.38%, 4/15/2027 | 3 | 3 |
5.25%, 7/15/2029 | 101 | 87 |
Centene Corp. 3.38%, 2/15/2030 | 330 | 270 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
CenterPoint Energy, Inc. (ICE LIBOR USD 3 Month + 3.27%), 6.13%, 9/1/2023 (b) (c) (d) | 46 | 43 |
Central Garden & Pet Co. 5.13%, 2/1/2028 | 140 | 127 |
Charles Schwab Corp. (The) | ||
Series G, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.97%), 5.38%, 6/1/2025 (b) (c) (d) | 85 | 83 |
Series I, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.17%), 4.00%, 6/1/2026 (b) (c) (d) | 26 | 21 |
Series H, (US Treasury Yield Curve Rate T Note Constant Maturity 10 Year + 3.08%), 4.00%, 12/1/2030 (b) (c) (d) | 209 | 154 |
Chemours Co. (The) | ||
5.38%, 5/15/2027 | 63 | 55 |
5.75%, 11/15/2028 (a) | 32 | 26 |
Cheniere Energy Partners LP | ||
4.50%, 10/1/2029 | 120 | 106 |
3.25%, 1/31/2032 | 35 | 27 |
Chesapeake Energy Corp. 6.75%, 4/15/2029 (a) | 55 | 53 |
Chevron Corp. 2.24%, 5/11/2030 | 5 | 4 |
Cigna Corp. 4.38%, 10/15/2028 | 15 | 14 |
Citigroup, Inc. | ||
(ICE LIBOR USD 3 Month + 4.07%), 5.95%, 1/30/2023 (b) (c) (d) | 59 | 58 |
Series M, (ICE LIBOR USD 3 Month + 3.42%), 6.30%, 5/15/2024 (b) (c) (d) | 158 | 147 |
Series U, (SOFR + 3.81%), 5.00%, 9/12/2024 (b) (c) (d) | 111 | 99 |
Series V, (SOFR + 3.23%), 4.70%, 1/30/2025 (b) (c) (d) | 64 | 51 |
Series P, (ICE LIBOR USD 3 Month + 3.91%), 5.95%, 5/15/2025 (b) (c) (d) | 93 | 84 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.60%), 4.00%, 12/10/2025 (b) (c) (d) | 114 | 96 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.42%), 3.88%, 2/18/2026 (b) (c) (d) | 70 | 58 |
(ICE LIBOR USD 3 Month + 4.52%), 6.25%, 8/15/2026 (b) (c) (d) | 98 | 94 |
(SOFR + 0.77%), 1.46%, 6/9/2027 (d) | 35 | 30 |
Citizens Financial Group, Inc. | ||
(ICE LIBOR USD 3 Month + 3.00%), 6.00%, 7/6/2023 (b) (c) (d) | 23 | 21 |
(ICE LIBOR USD 3 Month + 3.16%), 6.37%, 4/6/2024 (b) (c) (d) | 35 | 33 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.22%), 4.00%, 10/6/2026 (b) (c) (d) | 55 | 44 |
Clarivate Science Holdings Corp. 3.88%, 7/1/2028 (a) | 70 | 58 |
Clear Channel Outdoor Holdings, Inc. 5.13%, 8/15/2027 (a) | 35 | 30 |
Cleveland-Cliffs, Inc. 5.88%, 6/1/2027 | 110 | 99 |
CMS Energy Corp. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.12%), 4.75%, 6/1/2050 (d) | 36 | 30 |
CNX Resources Corp. 7.25%, 3/14/2027 (a) | 6 | 6 |
Coinbase Global, Inc. 3.38%, 10/1/2028 (a) | 35 | 22 |
Comcast Corp. | ||
4.15%, 10/15/2028 | 5 | 5 |
2.65%, 2/1/2030 | 5 | 4 |
Commercial Metals Co. 4.88%, 5/15/2023 | 19 | 19 |
CommScope Technologies LLC | ||
6.00%, 6/15/2025 (a) (e) | 97 | 86 |
5.00%, 3/15/2027 (a) | 15 | 11 |
CommScope, Inc. | ||
6.00%, 3/1/2026 (a) | 35 | 32 |
8.25%, 3/1/2027 (a) | 75 | 62 |
4.75%, 9/1/2029 (a) | 75 | 61 |
Community Health Systems, Inc. 8.00%, 3/15/2026 (a) | 176 | 152 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Comstock Resources, Inc. 6.75%, 3/1/2029 (a) | 90 | 83 |
Constellation Brands, Inc. 2.25%, 8/1/2031 | 10 | 8 |
Corebridge Financial, Inc. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.85%), 6.87%, 12/15/2052 (a) (d) | 42 | 38 |
Cox Communications, Inc. 4.80%, 2/1/2035 (a) | 6 | 5 |
Crestwood Midstream Partners LP | ||
5.75%, 4/1/2025 | 29 | 27 |
5.63%, 5/1/2027 (a) | 10 | 9 |
8.00%, 4/1/2029 (a) | 65 | 63 |
Crown Americas LLC 4.75%, 2/1/2026 | 26 | 24 |
Crown Castle, Inc., REIT 2.10%, 4/1/2031 | 16 | 12 |
CSC Holdings LLC | ||
5.25%, 6/1/2024 | 157 | 145 |
5.75%, 1/15/2030 (a) | 200 | 142 |
CSX Corp. | ||
2.40%, 2/15/2030 | 3 | 2 |
4.10%, 11/15/2032 | 2 | 2 |
CVS Health Corp. | ||
3.25%, 8/15/2029 | 5 | 4 |
2.13%, 9/15/2031 | 6 | 5 |
4.13%, 4/1/2040 | 6 | 5 |
2.70%, 8/21/2040 | 3 | 2 |
Dana, Inc. 5.38%, 11/15/2027 | 115 | 97 |
Darling Ingredients, Inc. 5.25%, 4/15/2027 (a) | 12 | 11 |
DaVita, Inc. 4.63%, 6/1/2030 (a) | 140 | 108 |
DCP Midstream Operating LP 3.88%, 3/15/2023 | 38 | 38 |
Dell International LLC | ||
6.02%, 6/15/2026 | 10 | 10 |
4.90%, 10/1/2026 | 5 | 5 |
Diamond Sports Group LLC 5.38%, 8/15/2026 (a) (e) | 53 | 11 |
Directv Financing LLC 5.88%, 8/15/2027 (a) | 100 | 86 |
Discovery Communications LLC 3.63%, 5/15/2030 | 5 | 4 |
DISH DBS Corp. | ||
5.00%, 3/15/2023 | 223 | 219 |
5.88%, 11/15/2024 | 25 | 22 |
7.75%, 7/1/2026 | 125 | 96 |
Dominion Energy, Inc. | ||
Series B, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.99%), 4.65%, 12/15/2024 (b) (c) (d) | 24 | 21 |
Series C, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.20%), 4.35%, 1/15/2027 (b) (c) (d) | 45 | 38 |
Series C, 2.25%, 8/15/2031 | 3 | 2 |
DT Midstream, Inc. 4.13%, 6/15/2029 (a) | 150 | 127 |
Duke Energy Corp. | ||
3.75%, 9/1/2046 | 3 | 2 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.32%), 3.25%, 1/15/2082 (d) | 50 | 37 |
Dycom Industries, Inc. 4.50%, 4/15/2029 (a) | 55 | 46 |
Edison International Series B, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.90%), 5.00%, 12/15/2026 (b) (c) (d) | 35 | 28 |
Element Solutions, Inc. 3.88%, 9/1/2028 (a) | 130 | 105 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Elevance Health, Inc. 2.88%, 9/15/2029 | 13 | 11 |
Embarq Corp. 8.00%, 6/1/2036 | 124 | 62 |
Emergent BioSolutions, Inc. 3.88%, 8/15/2028 (a) | 95 | 63 |
Encompass Health Corp. 4.50%, 2/1/2028 | 185 | 158 |
Energizer Holdings, Inc. 4.75%, 6/15/2028 (a) | 140 | 111 |
Energy Transfer LP | ||
(ICE LIBOR USD 3 Month + 4.03%), 6.25%, 2/15/2023 (b) (c) (d) | 27 | 22 |
4.20%, 4/15/2027 | 5 | 5 |
(ICE LIBOR USD 3 Month + 4.16%), 6.63%, 2/15/2028 (b) (c) (d) | 65 | 48 |
Series G, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 5.31%), 7.13%, 5/15/2030 (b) (c) (d) | 30 | 25 |
EnLink Midstream Partners LP | ||
Series C, (ICE LIBOR USD 3 Month + 4.11%), 6.00%, 12/15/2022 (b) (c) (d) | 30 | 22 |
4.15%, 6/1/2025 | 10 | 9 |
4.85%, 7/15/2026 | 58 | 53 |
5.60%, 4/1/2044 | 5 | 4 |
Entegris, Inc. 3.63%, 5/1/2029 (a) | 125 | 99 |
Entergy Texas, Inc. 1.75%, 3/15/2031 | 5 | 4 |
Enterprise Products Operating LLC Series E, (ICE LIBOR USD 3 Month + 3.03%), 5.25%, 8/16/2077 (d) | 25 | 21 |
Envision Healthcare Corp. 8.75%, 10/15/2026 (a) | 20 | 6 |
EOG Resources, Inc. 5.10%, 1/15/2036 | 3 | 3 |
Equitable Holdings, Inc. Series B, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.74%), 4.95%, 9/15/2025 (b) (c) (d) | 5 | 5 |
ESC Co., Intelsat Jackson Holdings, Ltd. 9.75%, 7/15/2025 ‡ (i) | 35 | — |
Evergy, Inc. 2.90%, 9/15/2029 | 5 | 4 |
Exela Intermediate LLC 11.50%, 7/15/2026 (a) | 69 | 20 |
Exxon Mobil Corp. 4.23%, 3/19/2040 | 13 | 11 |
Fidelity National Information Services, Inc. 2.25%, 3/1/2031 | 5 | 4 |
First-Citizens Bank & Trust Co. 6.13%, 3/9/2028 | 21 | 21 |
Fiserv, Inc. 3.50%, 7/1/2029 | 10 | 9 |
Ford Motor Credit Co. LLC | ||
4.39%, 1/8/2026 | 200 | 181 |
4.54%, 8/1/2026 | 200 | 178 |
5.11%, 5/3/2029 | 275 | 239 |
Freeport-McMoRan, Inc. | ||
5.00%, 9/1/2027 | 140 | 135 |
5.45%, 3/15/2043 | 5 | 4 |
Frontier Communications Holdings LLC 5.88%, 11/1/2029 | 4 | 4 |
Gannett Holdings LLC 6.00%, 11/1/2026 (a) | 45 | 35 |
Gap, Inc. (The) 3.63%, 10/1/2029 (a) | 50 | 32 |
Gartner, Inc. 4.50%, 7/1/2028 (a) | 95 | 85 |
General Electric Co. (ICE LIBOR USD 3 Month + 3.33%), 6.62%, 12/15/2022 (b) (c) (d) | 152 | 142 |
Genesis Energy LP | ||
6.50%, 10/1/2025 | 5 | 5 |
6.25%, 5/15/2026 | 15 | 13 |
Gilead Sciences, Inc. 1.65%, 10/1/2030 | 16 | 12 |
Global Payments, Inc. | ||
3.20%, 8/15/2029 | 10 | 8 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
2.90%, 11/15/2031 | 5 | 4 |
Go Daddy Operating Co. LLC 5.25%, 12/1/2027 (a) | 50 | 46 |
Goldman Sachs Capital II (ICE LIBOR USD 3 Month + 0.77%), 4.00%, 12/31/2164 (b) (c) (d) | 22 | 16 |
Goldman Sachs Group, Inc. (The) | ||
Series S, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.85%), 4.40%, 2/10/2025 (b) (c) (d) | 5 | 4 |
Series R, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.22%), 4.95%, 2/10/2025 (b) (c) (d) | 7 | 6 |
Series T, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.97%), 3.80%, 5/10/2026 (b) (c) (d) | 69 | 53 |
Series U, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.92%), 3.65%, 8/10/2026 (b) (c) (d) | 42 | 32 |
Series O, (ICE LIBOR USD 3 Month + 3.83%), 5.30%, 11/10/2026 (b) (c) (d) | 21 | 19 |
(SOFR + 0.82%), 1.54%, 9/10/2027 (d) | 10 | 8 |
(SOFR + 0.91%), 1.95%, 10/21/2027 (d) | 5 | 4 |
(SOFR + 1.26%), 2.65%, 10/21/2032 (d) | 5 | 4 |
Goodyear Tire & Rubber Co. (The) | ||
5.00%, 5/31/2026 (e) | 47 | 44 |
5.00%, 7/15/2029 | 10 | 8 |
Gray Television, Inc. | ||
5.88%, 7/15/2026 (a) | 20 | 18 |
7.00%, 5/15/2027 (a) | 45 | 42 |
Griffon Corp. 5.75%, 3/1/2028 | 95 | 82 |
Gulfport Energy Corp. 8.00%, 5/17/2026 (a) | 75 | 75 |
Hanesbrands, Inc. 4.88%, 5/15/2026 (a) | 60 | 54 |
Harsco Corp. 5.75%, 7/31/2027 (a) | 9 | 6 |
HCA, Inc. | ||
5.88%, 2/15/2026 | 285 | 281 |
5.63%, 9/1/2028 | 274 | 261 |
2.38%, 7/15/2031 | 10 | 7 |
Herc Holdings, Inc. 5.50%, 7/15/2027 (a) | 28 | 25 |
Hertz Corp. (The) 4.63%, 12/1/2026 (a) | 100 | 81 |
Hilcorp Energy I LP 5.75%, 2/1/2029 (a) | 70 | 61 |
Hilton Domestic Operating Co., Inc. 4.88%, 1/15/2030 | 24 | 21 |
Hilton Worldwide Finance LLC 4.88%, 4/1/2027 | 32 | 29 |
Hologic, Inc. | ||
4.63%, 2/1/2028 (a) | 25 | 23 |
3.25%, 2/15/2029 (a) | 75 | 61 |
Home Depot, Inc. (The) 4.95%, 9/15/2052 | 2 | 2 |
Howmet Aerospace, Inc. | ||
5.13%, 10/1/2024 | 107 | 105 |
5.90%, 2/1/2027 | 8 | 8 |
5.95%, 2/1/2037 | 34 | 31 |
Hughes Satellite Systems Corp. 6.63%, 8/1/2026 | 145 | 132 |
Huntington Bancshares, Inc. Series E, (ICE LIBOR USD 3 Month + 2.88%), 5.70%, 4/15/2023 (b) (c) (d) | 23 | 21 |
Hyundai Capital America | ||
1.65%, 9/17/2026 (a) | 5 | 4 |
2.10%, 9/15/2028 (a) | 5 | 4 |
Icahn Enterprises LP | ||
4.75%, 9/15/2024 | 70 | 65 |
6.38%, 12/15/2025 | 22 | 21 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
IEA Energy Services LLC 6.63%, 8/15/2029 (a) | 50 | 49 |
iHeartCommunications, Inc. | ||
6.38%, 5/1/2026 | 57 | 53 |
8.38%, 5/1/2027 (e) | 98 | 82 |
5.25%, 8/15/2027 (a) | 18 | 15 |
ILFC E-Capital Trust I 5.12%, 12/21/2065 (a) (j) | 100 | 65 |
Imola Merger Corp. 4.75%, 5/15/2029 (a) | 110 | 93 |
Intel Corp. 2.00%, 8/12/2031 | 3 | 2 |
IQVIA, Inc. 5.00%, 5/15/2027 (a) | 200 | 186 |
Iron Mountain, Inc. | ||
4.88%, 9/15/2027 (a) | 84 | 75 |
5.25%, 3/15/2028 (a) | 48 | 42 |
ITC Holdings Corp. 2.95%, 5/14/2030 (a) | 5 | 4 |
JB Poindexter & Co., Inc. 7.13%, 4/15/2026 (a) | 31 | 29 |
JBS USA LUX SA 5.50%, 1/15/2030 (a) | 42 | 39 |
Kaiser Aluminum Corp. 4.63%, 3/1/2028 (a) | 80 | 65 |
Kansas City Southern 3.50%, 5/1/2050 | 5 | 3 |
Kennedy-Wilson, Inc. 4.75%, 3/1/2029 | 100 | 76 |
Keurig Dr Pepper, Inc. 3.20%, 5/1/2030 | 11 | 9 |
KeyCorp (SOFRINDX + 2.06%), 4.79%, 6/1/2033 (d) | 5 | 5 |
Kraft Heinz Foods Co. 3.75%, 4/1/2030 | 5 | 4 |
Kroger Co. (The) 1.70%, 1/15/2031 | 6 | 4 |
L3Harris Technologies, Inc. 1.80%, 1/15/2031 | 5 | 4 |
LABL, Inc. 6.75%, 7/15/2026 (a) | 100 | 91 |
Ladder Capital Finance Holdings LLLP, REIT 5.25%, 10/1/2025 (a) | 48 | 44 |
Lamar Media Corp. 4.88%, 1/15/2029 | 85 | 76 |
Lamb Weston Holdings, Inc. 4.13%, 1/31/2030 (a) | 100 | 85 |
Lear Corp. 2.60%, 1/15/2032 | 5 | 4 |
Lennar Corp. | ||
4.50%, 4/30/2024 | 15 | 15 |
5.88%, 11/15/2024 | 45 | 45 |
4.75%, 5/30/2025 | 5 | 5 |
5.25%, 6/1/2026 | 14 | 14 |
5.00%, 6/15/2027 | 20 | 19 |
Liberty Interactive LLC 8.25%, 2/1/2030 | 35 | 22 |
Live Nation Entertainment, Inc. | ||
5.63%, 3/15/2026 (a) | 33 | 31 |
6.50%, 5/15/2027 (a) | 165 | 159 |
Lowe's Cos., Inc. 3.70%, 4/15/2046 | 6 | 4 |
Lumen Technologies, Inc. | ||
Series W, 6.75%, 12/1/2023 | 28 | 29 |
Series Y, 7.50%, 4/1/2024 | 2 | 2 |
4.00%, 2/15/2027 (a) | 75 | 63 |
Series G, 6.88%, 1/15/2028 | 160 | 137 |
Madison IAQ LLC 4.13%, 6/30/2028 (a) | 115 | 92 |
MasTec, Inc. 4.50%, 8/15/2028 (a) | 95 | 83 |
Matador Resources Co. 5.88%, 9/15/2026 | 55 | 53 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Mattel, Inc. 3.15%, 3/15/2023 | 37 | 36 |
Mauser Packaging Solutions Holding Co. 5.50%, 4/15/2024 (a) | 227 | 216 |
McDonald's Corp. 3.70%, 2/15/2042 | 6 | 5 |
MDC Holdings, Inc. 2.50%, 1/15/2031 | 5 | 3 |
Medline Borrower LP 3.88%, 4/1/2029 (a) | 100 | 80 |
Mellon Capital IV (ICE LIBOR USD 3 Month + 0.57%), 4.09%, 12/31/2164 (b) (c) (d) | 18 | 13 |
MetLife Capital Trust IV 7.88%, 12/15/2037 (a) | 100 | 107 |
MetLife, Inc. | ||
Series G, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.58%), 3.85%, 9/15/2025 (b) (c) (d) | 76 | 68 |
(ICE LIBOR USD 3 Month + 2.96%), 5.87%, 3/15/2028 (b) (c) (d) | 44 | 40 |
6.40%, 12/15/2036 | 108 | 104 |
MGM Resorts International 4.63%, 9/1/2026 | 200 | 177 |
Midcontinent Communications 5.38%, 8/15/2027 (a) | 17 | 15 |
Mississippi Power Co. Series 12-A, 4.25%, 3/15/2042 | 5 | 4 |
Mondelez International, Inc. 1.50%, 2/4/2031 | 6 | 4 |
Morgan Stanley | ||
Series N, (ICE LIBOR USD 3 Month + 3.16%), 5.30%, 12/15/2025 (b) (c) (d) | 8 | 8 |
Series M, (ICE LIBOR USD 3 Month + 4.44%), 5.87%, 9/15/2026 (b) (c) (d) | 24 | 23 |
(SOFR + 0.86%), 1.51%, 7/20/2027 (d) | 20 | 17 |
MPLX LP 4.50%, 4/15/2038 | 3 | 2 |
National Rural Utilities Cooperative Finance Corp. (ICE LIBOR USD 3 Month + 3.63%), 5.25%, 4/20/2046 (d) | 20 | 18 |
Nationstar Mortgage Holdings, Inc. 6.00%, 1/15/2027 (a) | 95 | 81 |
NCR Corp. | ||
5.75%, 9/1/2027 (a) | 25 | 23 |
6.13%, 9/1/2029 (a) | 105 | 90 |
Netflix, Inc. | ||
5.88%, 2/15/2025 | 100 | 100 |
4.88%, 4/15/2028 | 20 | 19 |
5.88%, 11/15/2028 | 60 | 59 |
New Albertsons LP | ||
7.75%, 6/15/2026 | 5 | 5 |
6.63%, 6/1/2028 | 15 | 14 |
7.45%, 8/1/2029 | 21 | 21 |
8.00%, 5/1/2031 | 80 | 79 |
Newell Brands, Inc. 4.45%, 4/1/2026 (g) | 150 | 138 |
Nexstar Media, Inc. | ||
5.63%, 7/15/2027 (a) | 43 | 40 |
4.75%, 11/1/2028 (a) | 55 | 47 |
NextEra Energy Capital Holdings, Inc. | ||
(ICE LIBOR USD 3 Month + 2.07%), 4.34%, 10/1/2066 (d) | 47 | 39 |
(ICE LIBOR USD 3 Month + 2.13%), 5.42%, 6/15/2067 (d) | 64 | 54 |
(ICE LIBOR USD 3 Month + 3.16%), 5.65%, 5/1/2079 (d) | 28 | 24 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.55%), 3.80%, 3/15/2082 (d) | 34 | 27 |
NextEra Energy Operating Partners LP | ||
4.25%, 7/15/2024 (a) | 23 | 22 |
4.25%, 9/15/2024 (a) | 4 | 4 |
4.50%, 9/15/2027 (a) | 8 | 7 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Nielsen Co. Luxembourg SARL (The) 5.00%, 2/1/2025 (a) | 10 | 10 |
Nielsen Finance LLC 4.50%, 7/15/2029 (a) | 95 | 95 |
NiSource, Inc. | ||
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.84%), 5.65%, 6/15/2023 (b) (c) (d) | 62 | 57 |
1.70%, 2/15/2031 | 10 | 7 |
Nissan Motor Acceptance Co. LLC 2.45%, 9/15/2028 (a) | 10 | 8 |
Norfolk Southern Corp. 2.30%, 5/15/2031 | 3 | 2 |
Northrop Grumman Corp. 5.15%, 5/1/2040 | 13 | 12 |
NRG Energy, Inc. | ||
6.63%, 1/15/2027 | 3 | 3 |
5.75%, 1/15/2028 | 12 | 11 |
5.25%, 6/15/2029 (a) | 136 | 119 |
NuStar Logistics LP | ||
6.00%, 6/1/2026 | 12 | 11 |
5.63%, 4/28/2027 | 30 | 26 |
Occidental Petroleum Corp. | ||
8.88%, 7/15/2030 | 115 | 128 |
6.63%, 9/1/2030 | 180 | 183 |
Oceaneering International, Inc. 6.00%, 2/1/2028 | 14 | 11 |
ON Semiconductor Corp. 3.88%, 9/1/2028 (a) | 85 | 73 |
OneMain Finance Corp. | ||
5.63%, 3/15/2023 | 27 | 27 |
6.13%, 3/15/2024 | 20 | 19 |
6.88%, 3/15/2025 | 45 | 42 |
7.13%, 3/15/2026 | 52 | 47 |
6.63%, 1/15/2028 | 33 | 28 |
Oracle Corp. | ||
3.90%, 5/15/2035 | 7 | 5 |
3.85%, 7/15/2036 | 2 | 1 |
Organon & Co. 5.13%, 4/30/2031 (a) | 200 | 164 |
Outfront Media Capital LLC 5.00%, 8/15/2027 (a) | 15 | 13 |
Pactiv Evergreen Group Issuer, Inc. 4.00%, 10/15/2027 (a) | 200 | 168 |
Par Pharmaceutical, Inc. 7.50%, 4/1/2027 (a) | 12 | 9 |
Paramount Global | ||
4.20%, 5/19/2032 | 6 | 5 |
(ICE LIBOR USD 3 Month + 3.90%), 6.25%, 2/28/2057 (d) | 103 | 89 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.00%), 6.37%, 3/30/2062 (d) | 70 | 60 |
PBF Logistics LP 6.88%, 5/15/2023 | 7 | 7 |
Penske Automotive Group, Inc. 3.75%, 6/15/2029 | 75 | 60 |
Performance Food Group, Inc. 5.50%, 10/15/2027 (a) | 20 | 18 |
PG&E Corp. 5.00%, 7/1/2028 | 110 | 95 |
Philip Morris International, Inc. 3.38%, 8/15/2029 | 10 | 9 |
Pilgrim's Pride Corp. 5.88%, 9/30/2027 (a) | 39 | 38 |
Plains All American Pipeline LP Series B, (ICE LIBOR USD 3 Month + 4.11%), 6.13%, 11/15/2022 (b) (c) (d) | 14 | 11 |
PNC Financial Services Group, Inc. (The) | ||
Series O, (ICE LIBOR USD 3 Month + 3.68%), 6.46%, 11/1/2022 (b) (c) (d) | 68 | 68 |
Series R, (ICE LIBOR USD 3 Month + 3.04%), 4.85%, 6/1/2023 (b) (c) (d) | 64 | 58 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Series T, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.60%), 3.40%, 9/15/2026 (b) (c) (d) | 110 | 82 |
Series S, (ICE LIBOR USD 3 Month + 3.30%), 5.00%, 11/1/2026 (b) (c) (d) | 14 | 12 |
Series V, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.24%), 6.20%, 9/15/2027 (b) (c) (d) | 60 | 57 |
Post Holdings, Inc. | ||
5.75%, 3/1/2027 (a) | 8 | 8 |
5.50%, 12/15/2029 (a) | 140 | 121 |
PPL Capital Funding, Inc. Series A, (ICE LIBOR USD 3 Month + 2.67%), 6.34%, 3/30/2067 (d) | 87 | 73 |
Prime Security Services Borrower LLC | ||
5.75%, 4/15/2026 (a) | 80 | 75 |
3.38%, 8/31/2027 (a) | 25 | 21 |
Progressive Corp. (The) Series B, (ICE LIBOR USD 3 Month + 2.54%), 5.38%, 3/15/2023 (b) (c) (d) | 53 | 49 |
Prudential Financial, Inc. | ||
(ICE LIBOR USD 3 Month + 3.92%), 5.63%, 6/15/2043 (d) | 116 | 114 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.16%), 5.12%, 3/1/2052 (d) | 30 | 26 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.23%), 6.00%, 9/1/2052 (d) | 30 | 28 |
Public Service Co. of Oklahoma Series J, 2.20%, 8/15/2031 | 10 | 8 |
Radian Group, Inc. | ||
4.50%, 10/1/2024 | 40 | 38 |
4.88%, 3/15/2027 | 12 | 11 |
Range Resources Corp. 4.88%, 5/15/2025 | 85 | 80 |
Raytheon Technologies Corp. 4.15%, 5/15/2045 | 10 | 8 |
Regeneron Pharmaceuticals, Inc. 1.75%, 9/15/2030 | 13 | 10 |
RHP Hotel Properties LP, REIT 4.75%, 10/15/2027 | 98 | 85 |
Rite Aid Corp. 8.00%, 11/15/2026 (a) | 140 | 99 |
Rocket Mortgage LLC 3.88%, 3/1/2031 (a) | 110 | 80 |
Royal Caribbean Cruises Ltd. | ||
9.13%, 6/15/2023 (a) | 90 | 92 |
11.50%, 6/1/2025 (a) | 67 | 71 |
Royalty Pharma plc 2.15%, 9/2/2031 | 4 | 3 |
S&P Global, Inc. 2.90%, 3/1/2032 (a) | 5 | 4 |
Sabre GLBL, Inc. 9.25%, 4/15/2025 (a) | 110 | 105 |
SBA Communications Corp., REIT 3.13%, 2/1/2029 | 105 | 84 |
Scotts Miracle-Gro Co. (The) 5.25%, 12/15/2026 (e) | 125 | 113 |
Scripps Escrow, Inc. 5.88%, 7/15/2027 (a) | 70 | 61 |
Seagate HDD Cayman 4.88%, 6/1/2027 | 95 | 86 |
Sealed Air Corp. 5.13%, 12/1/2024 (a) | 20 | 19 |
Sempra Energy | ||
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 4.55%), 4.88%, 10/15/2025 (b) (c) (d) | 105 | 97 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.87%), 4.12%, 4/1/2052 (d) | 71 | 55 |
Sensata Technologies BV | ||
5.63%, 11/1/2024 (a) | 125 | 124 |
5.00%, 10/1/2025 (a) | 30 | 29 |
Service Corp. International | ||
4.63%, 12/15/2027 | 12 | 11 |
5.13%, 6/1/2029 | 5 | 5 |
Shire Acquisitions Investments Ireland DAC 3.20%, 9/23/2026 | 15 | 14 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Sirius XM Radio, Inc. | ||
5.00%, 8/1/2027 (a) | 53 | 49 |
5.50%, 7/1/2029 (a) | 161 | 145 |
Six Flags Entertainment Corp. | ||
4.88%, 7/31/2024 (a) | 12 | 11 |
5.50%, 4/15/2027 (a) (e) | 102 | 90 |
SM Energy Co. | ||
6.75%, 9/15/2026 | 12 | 12 |
6.63%, 1/15/2027 | 16 | 15 |
Southern California Edison Co. Series E, (ICE LIBOR USD 3 Month + 4.20%), 6.98%, 12/31/2164 (b) (c) (d) | 12 | 11 |
Southern Co. Gas Capital Corp. Series 20-A, 1.75%, 1/15/2031 | 2 | 1 |
Southwestern Energy Co. 7.75%, 10/1/2027 | 135 | 137 |
Spectrum Brands, Inc. | ||
5.75%, 7/15/2025 | 8 | 8 |
5.00%, 10/1/2029 (a) | 31 | 25 |
Sprint Capital Corp. 8.75%, 3/15/2032 | 197 | 228 |
Sprint Corp. | ||
7.88%, 9/15/2023 | 227 | 229 |
7.13%, 6/15/2024 | 71 | 72 |
7.63%, 2/15/2025 | 194 | 199 |
7.63%, 3/1/2026 | 39 | 40 |
SS&C Technologies, Inc. 5.50%, 9/30/2027 (a) | 93 | 85 |
Stagwell Global LLC 5.63%, 8/15/2029 (a) | 70 | 58 |
Standard Industries, Inc. | ||
5.00%, 2/15/2027 (a) | 18 | 16 |
4.75%, 1/15/2028 (a) | 77 | 65 |
Stanley Black & Decker, Inc. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.66%), 4.00%, 3/15/2060 (d) | 10 | 9 |
Staples, Inc. | ||
7.50%, 4/15/2026 (a) | 95 | 80 |
10.75%, 4/15/2027 (a) | 85 | 63 |
Starbucks Corp. 2.55%, 11/15/2030 | 13 | 11 |
State Street Corp. | ||
(ICE LIBOR USD 3 Month + 2.54%), 5.63%, 12/15/2023 (b) (c) (d) | 31 | 29 |
(SOFR + 0.73%), 2.20%, 2/7/2028 (d) | 10 | 9 |
Station Casinos LLC 4.50%, 2/15/2028 (a) | 70 | 57 |
Steel Dynamics, Inc. 5.00%, 12/15/2026 | 15 | 15 |
Stericycle, Inc. 3.88%, 1/15/2029 (a) | 150 | 124 |
Summit Materials LLC 6.50%, 3/15/2027 (a) | 45 | 43 |
Sunoco LP | ||
6.00%, 4/15/2027 | 71 | 68 |
5.88%, 3/15/2028 | 3 | 3 |
SVB Financial Group | ||
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.20%), 4.00%, 5/15/2026 (b) (c) (d) | 92 | 70 |
Series D, (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.07%), 4.25%, 11/15/2026 (b) (c) (d) | 20 | 15 |
Sysco Corp. | ||
3.25%, 7/15/2027 | 15 | 14 |
2.40%, 2/15/2030 | 6 | 5 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
Take-Two Interactive Software, Inc. 3.70%, 4/14/2027 | 5 | 5 |
Tallgrass Energy Partners LP 5.50%, 1/15/2028 (a) | 5 | 4 |
Targa Resources Partners LP 6.50%, 7/15/2027 | 191 | 189 |
Tempur Sealy International, Inc. 4.00%, 4/15/2029 (a) | 150 | 118 |
Tenet Healthcare Corp. | ||
4.63%, 7/15/2024 | 29 | 28 |
4.63%, 9/1/2024 (a) | 11 | 11 |
4.88%, 1/1/2026 (a) | 163 | 151 |
6.25%, 2/1/2027 (a) | 30 | 28 |
5.13%, 11/1/2027 (a) | 189 | 170 |
TerraForm Power Operating LLC 5.00%, 1/31/2028 (a) | 29 | 26 |
T-Mobile USA, Inc. | ||
2.25%, 11/15/2031 | 10 | 8 |
4.38%, 4/15/2040 | 6 | 5 |
3.00%, 2/15/2041 | 6 | 4 |
TransDigm, Inc. 6.25%, 3/15/2026 (a) | 184 | 178 |
Transocean Pontus Ltd. 6.13%, 8/1/2025 (a) | 26 | 25 |
Transocean Poseidon Ltd. 6.88%, 2/1/2027 (a) | 44 | 40 |
Transocean Proteus Ltd. 6.25%, 12/1/2024 (a) | 15 | 14 |
Travel + Leisure Co. | ||
5.65%, 4/1/2024 (g) | 17 | 17 |
6.60%, 10/1/2025 (g) | 16 | 16 |
6.00%, 4/1/2027 (g) | 25 | 23 |
TriMas Corp. 4.13%, 4/15/2029 (a) | 54 | 46 |
Trinseo Materials Operating SCA 5.38%, 9/1/2025 (a) | 52 | 42 |
Truist Financial Corp. | ||
Series M, (ICE LIBOR USD 3 Month + 2.79%), 5.12%, 12/15/2027 (b) (c) (d) | 6 | 5 |
Series Q, (US Treasury Yield Curve Rate T Note Constant Maturity 10 Year + 4.35%), 5.10%, 3/1/2030 (b) (c) (d) | 123 | 109 |
Uber Technologies, Inc. 7.50%, 5/15/2025 (a) | 65 | 65 |
UDR, Inc., REIT 3.20%, 1/15/2030 | 5 | 4 |
Union Pacific Corp. 3.70%, 3/1/2029 | 10 | 9 |
United Airlines Holdings, Inc. | ||
5.00%, 2/1/2024 (e) | 33 | 31 |
4.88%, 1/15/2025 (e) | 28 | 26 |
United Airlines, Inc. 4.38%, 4/15/2026 (a) | 70 | 62 |
United Rentals North America, Inc. | ||
5.50%, 5/15/2027 | 6 | 6 |
4.88%, 1/15/2028 | 240 | 220 |
UnitedHealth Group, Inc. 4.20%, 5/15/2032 | 5 | 5 |
Univision Communications, Inc. 4.50%, 5/1/2029 (a) | 70 | 57 |
US Bancorp | ||
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.54%), 3.70%, 1/15/2027 (b) (c) (d) | 60 | 45 |
Series J, (ICE LIBOR USD 3 Month + 2.91%), 5.30%, 4/15/2027 (b) (c) (d) | 8 | 7 |
Ventas Realty LP, REIT 4.00%, 3/1/2028 | 5 | 5 |
Verizon Communications, Inc. | ||
4.40%, 11/1/2034 | 8 | 7 |
4.27%, 1/15/2036 | 6 | 5 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Corporate Bonds — continued | ||
United States — continued | ||
3.85%, 11/1/2042 | 3 | 2 |
VICI Properties LP | ||
4.25%, 12/1/2026 (a) | 75 | 68 |
5.75%, 2/1/2027 (a) | 23 | 22 |
Vistra Corp. (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 5.74%), 7.00%, 12/15/2026 (a) (b) (c) (d) | 14 | 12 |
Vistra Operations Co. LLC | ||
5.50%, 9/1/2026 (a) | 20 | 19 |
5.63%, 2/15/2027 (a) | 130 | 122 |
Warnermedia Holdings, Inc. | ||
3.76%, 3/15/2027 (a) | 5 | 4 |
4.28%, 3/15/2032 (a) | 5 | 4 |
WEC Energy Group, Inc. 1.80%, 10/15/2030 | 5 | 4 |
Weekley Homes LLC 4.88%, 9/15/2028 (a) | 100 | 81 |
Wells Fargo & Co. | ||
Series S, (ICE LIBOR USD 3 Month + 3.11%), 5.90%, 6/15/2024 (b) (c) (d) | 53 | 48 |
(ICE LIBOR USD 3 Month + 3.99%), 5.87%, 6/15/2025 (b) (c) (d) | 13 | 13 |
(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 3.45%), 3.90%, 3/15/2026 (b) (c) (d) | 262 | 222 |
WESCO Distribution, Inc. | ||
7.13%, 6/15/2025 (a) | 40 | 40 |
7.25%, 6/15/2028 (a) | 125 | 122 |
Western Midstream Operating LP 4.75%, 8/15/2028 | 135 | 123 |
William Carter Co. (The) 5.63%, 3/15/2027 (a) | 73 | 68 |
Williams Cos., Inc. (The) 2.60%, 3/15/2031 | 5 | 4 |
WP Carey, Inc., REIT 2.40%, 2/1/2031 | 5 | 4 |
Wynn Las Vegas LLC 5.50%, 3/1/2025 (a) | 35 | 33 |
Wynn Resorts Finance LLC 5.13%, 10/1/2029 (a) | 224 | 181 |
Xerox Corp. 4.62%, 3/15/2023 (g) | 9 | 9 |
XPO Logistics, Inc. 6.25%, 5/1/2025 (a) | 29 | 29 |
Yum! Brands, Inc. 4.75%, 1/15/2030 (a) | 24 | 21 |
Zayo Group Holdings, Inc. 4.00%, 3/1/2027 (a) | 140 | 112 |
Zimmer Biomet Holdings, Inc. 2.60%, 11/24/2031 | 5 | 4 |
Zoetis, Inc. 2.00%, 5/15/2030 | 6 | 5 |
26,323 | ||
Total Corporate Bonds (Cost $35,745) | 30,432 | |
SHARES (000) | ||
Common Stocks — 34.3% | ||
Australia — 0.7% | ||
Adbri Ltd. | 5 | 6 |
AGL Energy Ltd. | 15 | 66 |
Alumina Ltd. | 3 | 3 |
APA Group | 3 | 21 |
Bendigo & Adelaide Bank Ltd. | 4 | 22 |
BHP Group Ltd. | 2 | 37 |
Charter Hall Long Wale, REIT | 8 | 21 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Australia — continued | ||
CSR Ltd. | 7 | 20 |
Glencore plc | 9 | 48 |
Goodman Group, REIT | 3 | 29 |
Insignia Financial Ltd. | 11 | 20 |
Mirvac Group, REIT | 27 | 34 |
Rio Tinto Ltd. | 2 | 103 |
Rio Tinto plc | 2 | 103 |
Sonic Healthcare Ltd. | 1 | 26 |
Telstra Corp. Ltd. | 9 | 22 |
Woodside Energy Group Ltd. | 2 | 36 |
Woolworths Group Ltd. | 2 | 37 |
654 | ||
Austria — 0.1% | ||
ANDRITZ AG | 1 | 21 |
BAWAG Group AG * (h) | — | 20 |
Erste Group Bank AG | — | 10 |
Mondi plc | 1 | 17 |
OMV AG | 1 | 17 |
85 | ||
Belgium — 0.2% | ||
Ageas SA | 1 | 16 |
Cofinimmo SA, REIT | — | 20 |
Euronav NV | 2 | 29 |
KBC Group NV | 1 | 54 |
Melexis NV | — | 12 |
Proximus SADP | 2 | 19 |
Warehouses De Pauw CVA, REIT | 1 | 23 |
173 | ||
Brazil — 0.3% | ||
B3 SA - Brasil Bolsa Balcao | 47 | 115 |
BB Seguridade Participacoes SA | 6 | 27 |
EDP - Energias do Brasil SA | 8 | 32 |
Itau Unibanco Holding SA (Preference) * | 13 | 68 |
Yara International ASA | — | 11 |
253 | ||
Canada — 2.1% | ||
Algonquin Power & Utilities Corp. | 2 | 20 |
Allied Properties, REIT | 2 | 33 |
AltaGas Ltd. | 1 | 18 |
Atco Ltd., Class I | 1 | 21 |
Bank of Nova Scotia (The) | 1 | 46 |
Barrick Gold Corp. | 3 | 46 |
BCE, Inc. | 2 | 77 |
Canadian Imperial Bank of Commerce | 1 | 52 |
Canadian National Railway Co. | 1 | 120 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Canada — continued | ||
Canadian Natural Resources Ltd. | — | 22 |
Canadian Tire Corp. Ltd., Class A | — | 23 |
Canadian Utilities Ltd., Class A | 3 | 73 |
Capital Power Corp. | 1 | 22 |
Chartwell Retirement Residences | 2 | 15 |
Emera, Inc. | 1 | 23 |
Enbridge, Inc. | 2 | 83 |
Fortis, Inc. | 2 | 77 |
Gibson Energy, Inc. | 1 | 20 |
Great-West Lifeco, Inc. | 2 | 53 |
Hydro One Ltd. (h) | 3 | 73 |
IGM Financial, Inc. | 2 | 39 |
Keyera Corp. | 1 | 23 |
Manulife Financial Corp. | 4 | 56 |
Northland Power, Inc. | 1 | 22 |
Nutrien Ltd. | 1 | 62 |
Pembina Pipeline Corp. | 3 | 80 |
Power Corp. of Canada | 2 | 52 |
Restaurant Brands International, Inc. | 1 | 60 |
Rogers Communications, Inc., Class B | 1 | 53 |
Shaw Communications, Inc., Class B | 2 | 59 |
Sienna Senior Living, Inc. | 2 | 16 |
Superior Plus Corp. | 2 | 18 |
TC Energy Corp. | 4 | 153 |
TELUS Corp. | 4 | 79 |
Thomson Reuters Corp. | — | — |
Toronto-Dominion Bank (The) | 2 | 124 |
TransAlta Renewables, Inc. | 2 | 18 |
1,831 | ||
Chile — 0.0% ^ | ||
Banco Santander Chile, ADR | 3 | 42 |
China — 1.7% | ||
China Construction Bank Corp., Class H | 139 | 81 |
China Merchants Bank Co. Ltd., Class H | 19 | 87 |
China Petroleum & Chemical Corp., Class H | 182 | 78 |
China Resources Gas Group Ltd. | 12 | 38 |
China Resources Land Ltd. | 20 | 78 |
Fuyao Glass Industry Group Co. Ltd., Class A | 4 | 22 |
Fuyao Glass Industry Group Co. Ltd., Class H (h) | 14 | 55 |
Guangdong Investment Ltd. | 32 | 26 |
Haier Smart Home Co. Ltd., Class H | 35 | 105 |
Huayu Automotive Systems Co. Ltd., Class A | 19 | 44 |
Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 30 | 139 |
Joyoung Co. Ltd., Class A | 8 | 16 |
Midea Group Co. Ltd., Class A | 11 | 77 |
NetEase, Inc. | 8 | 115 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
China — continued | ||
NXP Semiconductors NV | 1 | 99 |
Ping An Insurance Group Co. of China Ltd., Class H | 15 | 74 |
Postal Savings Bank of China Co. Ltd., Class H (h) | 38 | 22 |
Tingyi Cayman Islands Holding Corp. | 45 | 77 |
Topsports International Holdings Ltd. (h) | 36 | 25 |
Wilmar International Ltd. | 9 | 24 |
Wuliangye Yibin Co. Ltd., Class A | 3 | 80 |
Xinyi Glass Holdings Ltd. | 26 | 38 |
Yum China Holdings, Inc. | 1 | 33 |
Zhejiang Supor Co. Ltd., Class A | 6 | 42 |
1,475 | ||
Denmark — 0.4% | ||
AP Moller - Maersk A/S, Class B | — | 44 |
Carlsberg A/S, Class B | 1 | 118 |
D/S Norden A/S | 1 | 22 |
Novo Nordisk A/S, Class B | 1 | 145 |
Topdanmark A/S | — | 11 |
340 | ||
Egypt — 0.0% ^ | ||
Energean plc | 1 | 20 |
Finland — 0.4% | ||
Elisa OYJ | 1 | 42 |
Fortum OYJ | 1 | 21 |
Nordea Bank Abp | 17 | 147 |
Orion OYJ, Class B | 2 | 65 |
Sampo OYJ, Class A | 1 | 23 |
Wartsila OYJ Abp | 4 | 26 |
324 | ||
France — 1.3% | ||
AXA SA | 1 | 32 |
BNP Paribas SA | 1 | 39 |
Capgemini SE | 1 | 87 |
Cie Generale des Etablissements Michelin SCA | 3 | 62 |
Covivio, REIT | — | 19 |
Danone SA | 1 | 61 |
Eiffage SA | — | 16 |
Engie SA | 4 | 46 |
Gaztransport Et Technigaz SA | — | 23 |
Klepierre SA, REIT * | 3 | 52 |
L'Oreal SA | — | 38 |
LVMH Moet Hennessy Louis Vuitton SE | — | 178 |
Orange SA | 5 | 46 |
Pernod Ricard SA | — | 29 |
Publicis Groupe SA | 1 | 26 |
Rexel SA | 1 | 14 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
France — continued | ||
Rubis SCA | 1 | 18 |
Sanofi | 1 | 43 |
Societe Generale SA | 1 | 19 |
TotalEnergies SE | 2 | 107 |
Vinci SA | 2 | 144 |
Vivendi SE | 5 | 40 |
1,139 | ||
Germany — 1.1% | ||
Allianz SE (Registered) | 1 | 186 |
Aroundtown SA | 2 | 4 |
BASF SE | 1 | 31 |
Bayer AG (Registered) | — | 21 |
Bayerische Motoren Werke AG | — | 28 |
Covestro AG (h) | 1 | 21 |
Deutsche Post AG (Registered) | 4 | 107 |
Deutsche Telekom AG (Registered) | 8 | 140 |
E.ON SE | 2 | 17 |
Freenet AG | 1 | 27 |
LEG Immobilien SE | — | 24 |
Mercedes-Benz Group AG | 1 | 36 |
Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 1 | 156 |
Telefonica Deutschland Holding AG | 33 | 66 |
Vonovia SE | 3 | 66 |
930 | ||
Hong Kong — 0.4% | ||
CK Asset Holdings Ltd. | 5 | 30 |
CK Infrastructure Holdings Ltd. | 4 | 20 |
CLP Holdings Ltd. | 3 | 23 |
Hang Lung Properties Ltd. | 8 | 13 |
Hang Seng Bank Ltd. | 3 | 50 |
HK Electric Investments & HK Electric Investments Ltd. (h) | 6 | 4 |
HKBN Ltd. | 16 | 12 |
HKT Trust & HKT Ltd. | 50 | 59 |
Hong Kong Exchanges & Clearing Ltd. | 2 | 64 |
New World Development Co. Ltd. | 8 | 23 |
PCCW Ltd. | 33 | 15 |
Power Assets Holdings Ltd. | 5 | 23 |
VTech Holdings Ltd. | 4 | 20 |
WH Group Ltd. (h) | 28 | 18 |
Yue Yuen Industrial Holdings Ltd. | 14 | 18 |
392 | ||
India — 0.2% | ||
Infosys Ltd., ADR | 11 | 180 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Indonesia — 0.3% | ||
Bank Rakyat Indonesia Persero Tbk. PT | 493 | 144 |
Telkom Indonesia Persero Tbk. PT, ADR | 5 | 160 |
304 | ||
Italy — 0.4% | ||
A2A SpA | 47 | 46 |
ACEA SpA | 1 | 9 |
Assicurazioni Generali SpA | 3 | 42 |
Banca Mediolanum SpA | 5 | 30 |
Enel SpA | 4 | 15 |
Eni SpA | 3 | 30 |
ERG SpA | — | 2 |
Hera SpA | 8 | 16 |
Intesa Sanpaolo SpA | 31 | 51 |
Iren SpA | 9 | 12 |
Italgas SpA | 4 | 18 |
Mediobanca Banca di Credito Finanziario SpA | 2 | 14 |
Poste Italiane SpA (h) | 2 | 14 |
Snam SpA | 8 | 34 |
Terna - Rete Elettrica Nazionale | 3 | 21 |
UniCredit SpA | 2 | 23 |
Unipol Gruppo SpA | 3 | 11 |
388 | ||
Japan — 1.8% | ||
Aozora Bank Ltd. | 2 | 38 |
ARTERIA Networks Corp. | 2 | 15 |
Bridgestone Corp. | 2 | 58 |
Canon, Inc. | 1 | 22 |
Chubu Electric Power Co., Inc. | 3 | 22 |
Chugoku Electric Power Co., Inc. (The) | 3 | 16 |
Comforia Residential REIT, Inc., REIT | — | 23 |
Dai Nippon Printing Co. Ltd. | 2 | 30 |
Daiwa House Industry Co. Ltd. | 1 | 20 |
Daiwa House REIT Investment Corp., REIT | — | 27 |
Electric Power Development Co. Ltd. | 3 | 45 |
ENEOS Holdings, Inc. | 5 | 16 |
FANUC Corp. | 1 | 98 |
Frontier Real Estate Investment Corp., REIT | — | 30 |
Hokkaido Electric Power Co., Inc. | 3 | 9 |
Idemitsu Kosan Co. Ltd. | 2 | 39 |
Japan Metropolitan Fund Invest, REIT | — | 35 |
Japan Post Holdings Co. Ltd. | 7 | 48 |
Japan Tobacco, Inc. | 2 | 33 |
JFE Holdings, Inc. | 2 | 20 |
Kansai Electric Power Co., Inc. (The) | 6 | 50 |
KDDI Corp. | 1 | 23 |
Kenedix Office Investment Corp., REIT | — | 28 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Japan — continued | ||
Konica Minolta, Inc. | 8 | 23 |
Kyushu Railway Co. | 2 | 35 |
Mitsubishi Chemical Group Corp. | 10 | 46 |
Mitsui Fudosan Logistics Park, Inc., REIT | — | 24 |
Nippon Accommodations Fund, Inc., REIT | — | 41 |
Nippon Prologis REIT, Inc., REIT | — | 26 |
Nippon Telegraph & Telephone Corp. | 2 | 65 |
Okinawa Electric Power Co., Inc. (The) | 1 | 9 |
Osaka Gas Co. Ltd. | — | 6 |
Sharp Corp. | 2 | 13 |
Shin-Etsu Chemical Co. Ltd. | 1 | 79 |
SoftBank Corp. | 7 | 74 |
Sumitomo Forestry Co. Ltd. | 1 | 15 |
Takeda Pharmaceutical Co. Ltd. | 2 | 42 |
Tohoku Electric Power Co., Inc. | 9 | 44 |
Tokio Marine Holdings, Inc. | 6 | 101 |
Tokyo Electron Ltd. | — | 74 |
Tokyo Gas Co. Ltd. | — | 5 |
Toyota Motor Corp. | 5 | 71 |
United Urban Investment Corp., REIT | — | 19 |
1,557 | ||
Luxembourg — 0.0% ^ | ||
Intelsat SA ‡ | — | 10 |
SES SA, ADR | 3 | 13 |
23 | ||
Mexico — 0.4% | ||
Bolsa Mexicana de Valores SAB de CV | 6 | 10 |
Grupo Financiero Banorte SAB de CV, Class O | 15 | 98 |
Grupo Mexico SAB de CV | 9 | 32 |
Kimberly-Clark de Mexico SAB de CV, Class A | 21 | 28 |
Wal-Mart de Mexico SAB de CV | 44 | 153 |
321 | ||
Netherlands — 0.3% | ||
ABN AMRO Bank NV, CVA (h) | 1 | 12 |
ASML Holding NV | — | 29 |
ASR Nederland NV | — | 15 |
CTP NV (h) | 2 | 23 |
ING Groep NV | 3 | 22 |
Koninklijke Ahold Delhaize NV | 1 | 28 |
Koninklijke KPN NV | 13 | 35 |
NN Group NV | 1 | 16 |
OCI NV | 1 | 20 |
Randstad NV | — | 17 |
Shell plc | 4 | 92 |
309 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
New Zealand — 0.1% | ||
Contact Energy Ltd. | 8 | 35 |
Spark New Zealand Ltd. | 20 | 54 |
89 | ||
Norway — 0.3% | ||
Aker BP ASA | 1 | 30 |
DNB Bank ASA | 2 | 37 |
Elkem ASA (h) | 3 | 11 |
Elmera Group ASA (a) | 2 | 3 |
Equinor ASA | 1 | 37 |
FLEX LNG Ltd. | — | 10 |
Gjensidige Forsikring ASA | 1 | 17 |
Mowi ASA | 1 | 11 |
Norsk Hydro ASA | 4 | 19 |
SFL Corp. Ltd. | 2 | 22 |
Telenor ASA | 8 | 69 |
266 | ||
Peru — 0.1% | ||
Southern Copper Corp. | 1 | 63 |
Poland — 0.0% ^ | ||
Powszechny Zaklad Ubezpieczen SA | 7 | 33 |
Portugal — 0.1% | ||
EDP - Energias de Portugal SA | 5 | 20 |
Galp Energia SGPS SA | 2 | 19 |
Jeronimo Martins SGPS SA | 1 | 11 |
Navigator Co. SA (The) | 3 | 11 |
NOS SGPS SA | 5 | 16 |
Redes Energeticas Nacionais SGPS SA | 3 | 8 |
85 | ||
Russia — 0.0% ^ | ||
Moscow Exchange MICEX-RTS PJSC ‡ | 22 | 1 |
Severstal PAO, GDR ‡ (h) | 1 | — |
Severstal PAO, GDR ‡ (h) | — | — |
1 | ||
Saudi Arabia — 0.1% | ||
Al Rajhi Bank | 2 | 52 |
Singapore — 0.3% | ||
BW LPG Ltd. (h) | 3 | 25 |
CapitaLand Integrated Commercial Trust, REIT | 40 | 53 |
CapLand Ascendas, REIT | 13 | 24 |
DBS Group Holdings Ltd. | 5 | 116 |
Digital Core REIT Management Pte. Ltd., REIT | 23 | 16 |
Keppel Infrastructure Trust | 35 | 13 |
NETLINK NBN TRUST (h) | 30 | 19 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Singapore — continued | ||
Singapore Telecommunications Ltd. | 14 | 25 |
StarHub Ltd. | 12 | 9 |
300 | ||
South Africa — 0.4% | ||
Anglo American plc | 2 | 59 |
AVI Ltd. | 3 | 11 |
Bid Corp. Ltd. | 3 | 51 |
Sanlam Ltd. | 24 | 69 |
SPAR Group Ltd. (The) | 1 | 5 |
Standard Bank Group Ltd. | 8 | 58 |
Vodacom Group Ltd. | 11 | 76 |
329 | ||
South Korea — 0.5% | ||
ESR Kendall Square REIT Co. Ltd., REIT | 6 | 22 |
KB Financial Group, Inc. | 2 | 48 |
Korea Gas Corp. | — | 7 |
LG Uplus Corp. | 3 | 18 |
NCSoft Corp. | — | 19 |
Samsung Electronics Co. Ltd. | 7 | 261 |
SK Telecom Co. Ltd., ADR | 1 | 14 |
SK Telecom Co. Ltd. | 1 | 42 |
431 | ||
Spain — 0.9% | ||
ACS Actividades de Construccion y Servicios SA | 1 | 15 |
Atlantica Sustainable Infrastructure plc | 1 | 18 |
Banco Bilbao Vizcaya Argentaria SA | 8 | 36 |
Banco Santander SA | 12 | 28 |
CaixaBank SA | 8 | 26 |
Cellnex Telecom SA (h) | 1 | 28 |
Cia de Distribucion Integral Logista Holdings SA | 1 | 15 |
Enagas SA | 4 | 56 |
Endesa SA | 4 | 64 |
Iberdrola SA | 19 | 182 |
Industria de Diseno Textil SA | 1 | 22 |
Mapfre SA | 6 | 10 |
Merlin Properties Socimi SA, REIT | 2 | 20 |
Naturgy Energy Group SA | 4 | 84 |
Red Electrica Corp. SA | 2 | 30 |
Repsol SA | 4 | 48 |
Telefonica SA | 19 | 63 |
745 | ||
Sweden — 0.5% | ||
Boliden AB | 1 | 24 |
Hexpol AB | 1 | 12 |
Orron Energy ab | 5 | 9 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
Sweden — continued | ||
Samhallsbyggnadsbolaget i Norden AB | 15 | 16 |
Skandinaviska Enskilda Banken AB, Class A | 2 | 20 |
SSAB AB, Class B | 4 | 19 |
Svenska Handelsbanken AB, Class A | 2 | 18 |
Tele2 AB, Class B | 10 | 86 |
Telia Co. AB | 10 | 28 |
Volvo AB, Class B | 13 | 183 |
415 | ||
Switzerland — 0.5% | ||
ABB Ltd. (Registered) | 1 | 20 |
Cie Financiere Richemont SA (Registered) | — | 33 |
Novartis AG (Registered) | 2 | 123 |
Swisscom AG (Registered) | — | 20 |
UBS Group AG (Registered) | 3 | 39 |
Zurich Insurance Group AG | — | 181 |
416 | ||
Taiwan — 0.8% | ||
Accton Technology Corp. | 3 | 24 |
ASE Technology Holding Co. Ltd. | 17 | 42 |
Chailease Holding Co. Ltd. | 4 | 20 |
Delta Electronics, Inc. | 7 | 52 |
MediaTek, Inc. | 1 | 21 |
Mega Financial Holding Co. Ltd. | 17 | 17 |
Novatek Microelectronics Corp. | 8 | 54 |
President Chain Store Corp. | 10 | 90 |
Quanta Computer, Inc. | 5 | 13 |
Realtek Semiconductor Corp. | 2 | 14 |
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 1 | 31 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 19 | 258 |
Vanguard International Semiconductor Corp. | 16 | 33 |
Wiwynn Corp. | — | 7 |
676 | ||
Thailand — 0.1% | ||
SCB X PCL | 21 | 57 |
Siam Cement PCL (The) (Registered) | 4 | 35 |
92 | ||
United Kingdom — 2.2% | ||
AstraZeneca plc | 2 | 206 |
Aviva plc | 4 | 19 |
Balfour Beatty plc | 4 | 14 |
Barclays plc | 21 | 34 |
Barratt Developments plc | 12 | 44 |
Berkeley Group Holdings plc | — | 17 |
Big Yellow Group plc, REIT | 2 | 20 |
BP plc | 23 | 111 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
United Kingdom — continued | ||
BT Group plc | 5 | 6 |
Centrica plc | 20 | 16 |
Coca-Cola Europacific Partners plc | 1 | 31 |
Diageo plc | 5 | 195 |
Direct Line Insurance Group plc | 15 | 31 |
Drax Group plc | 2 | 12 |
Grafton Group plc | 1 | 9 |
Hays plc | 11 | 13 |
HSBC Holdings plc | 12 | 61 |
IG Group Holdings plc | 2 | 15 |
Imperial Brands plc | 3 | 64 |
InterContinental Hotels Group plc | 1 | 65 |
Legal & General Group plc | 8 | 20 |
Lloyds Banking Group plc | 63 | 28 |
LondonMetric Property plc, REIT | 14 | 27 |
Man Group plc | 8 | 20 |
National Grid plc | 5 | 56 |
NatWest Group plc | 9 | 22 |
OSB Group plc | 2 | 11 |
Pagegroup plc | 2 | 8 |
Pearson plc | 2 | 16 |
Persimmon plc | 3 | 47 |
Reckitt Benckiser Group plc | — | 33 |
RELX plc | 6 | 147 |
Safestore Holdings plc, REIT | 3 | 24 |
Sage Group plc (The) | 7 | 55 |
Severn Trent plc | 1 | 19 |
SSE plc | 6 | 95 |
Taylor Wimpey plc | 25 | 25 |
Tesco plc | 8 | 17 |
Tritax EuroBox plc (h) | 13 | 9 |
Unilever plc | 2 | 82 |
UNITE Group plc (The), REIT | 2 | 22 |
United Utilities Group plc | 2 | 19 |
Vistry Group plc | 2 | 10 |
Vodafone Group plc | 43 | 48 |
WPP plc | 5 | 41 |
1,884 | ||
United States — 15.3% | ||
3M Co. | — | 50 |
AbbVie, Inc. | 3 | 440 |
AGNC Investment Corp., REIT | 6 | 47 |
Alexandria Real Estate Equities, Inc., REIT | 1 | 76 |
Altria Group, Inc. | 1 | 51 |
American Electric Power Co., Inc. | — | 22 |
American Tower Corp., REIT | — | 43 |
Americold Realty Trust, Inc., REIT | 2 | 47 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
United States — continued | ||
Amgen, Inc. | — | 58 |
Analog Devices, Inc. | 1 | 97 |
Annaly Capital Management, Inc., REIT | 3 | 43 |
AT&T, Inc. | 5 | 71 |
Avangrid, Inc. | 1 | 35 |
Avista Corp. | 1 | 22 |
Baker Hughes Co. | 2 | 50 |
Bank of America Corp. | 4 | 119 |
BlackRock, Inc. | — | 110 |
Boston Properties, Inc., REIT | 1 | 54 |
Brandywine Realty Trust | 4 | 27 |
Bristol-Myers Squibb Co. | 5 | 345 |
Camden Property Trust, REIT | 1 | 81 |
Campbell Soup Co. | 1 | 64 |
Cardinal Health, Inc. | 1 | 65 |
CenterPoint Energy, Inc. | 4 | 127 |
CF Industries Holdings, Inc. | 1 | 62 |
Chesapeake Energy Corp. | — | 7 |
Chevron Corp. | 1 | 93 |
Chord Energy Corp. | 1 | 181 |
Cisco Systems, Inc. | 1 | 55 |
Clear Channel Outdoor Holdings, Inc. | 5 | 7 |
Clearway Energy, Inc., Class C | 1 | 19 |
Clorox Co. (The) | — | 59 |
CME Group, Inc. | 1 | 167 |
Coca-Cola Co. (The) | 6 | 365 |
Cogent Communications Holdings, Inc. | — | 19 |
Comcast Corp., Class A | 4 | 123 |
Comerica, Inc. | 1 | 57 |
Conagra Brands, Inc. | — | 6 |
Consolidated Edison, Inc. | 1 | 58 |
Coterra Energy, Inc. | 2 | 51 |
Crown Castle, Inc., REIT | — | 19 |
Cummins, Inc. | — | 49 |
Deere & Co. | — | 74 |
DHT Holdings, Inc. | 3 | 22 |
Digital Realty Trust, Inc., REIT | — | 46 |
Douglas Emmett, Inc., REIT | 2 | 32 |
Dow, Inc. | 1 | 51 |
Duke Energy Corp. | 1 | 81 |
Eastman Chemical Co. | 2 | 130 |
Eaton Corp. plc | 1 | 178 |
Edison International | 1 | 56 |
Emerson Electric Co. | 1 | 51 |
Entergy Corp. | 1 | 58 |
EOG Resources, Inc. | — | 53 |
EP Energy Corp. | — | 3 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
United States — continued | ||
Equinix, Inc., REIT | — | 195 |
Equitrans Midstream Corp. | 2 | 15 |
Equity LifeStyle Properties, Inc. | 1 | 69 |
Evergy, Inc. | 1 | 82 |
Exxon Mobil Corp. | 1 | 65 |
Fastenal Co. | 1 | 55 |
Federal Realty OP LP, REIT | 1 | 95 |
FirstEnergy Corp. | 1 | 23 |
Frontier Communications Parent, Inc. | 1 | 35 |
General Dynamics Corp. | — | 32 |
General Mills, Inc. | 1 | 63 |
Genuine Parts Co. | — | 63 |
Gilead Sciences, Inc. | 1 | 59 |
GSK plc | 7 | 95 |
Hasbro, Inc. | 1 | 48 |
Hawaiian Electric Industries, Inc. | 1 | 23 |
Healthpeak Properties, Inc., REIT | 2 | 55 |
Hewlett Packard Enterprise Co. | 4 | 53 |
Host Hotels & Resorts, Inc., REIT | 5 | 73 |
HP, Inc. | 1 | 14 |
iHeartMedia, Inc., Class A | 1 | 9 |
Intel Corp. | 2 | 40 |
International Business Machines Corp. | — | 60 |
International Paper Co. | 1 | 46 |
Interpublic Group of Cos., Inc. (The) | 2 | 54 |
Invitation Homes, Inc. | 3 | 107 |
Iron Mountain, Inc., REIT | 1 | 57 |
JM Smucker Co. (The) | — | 44 |
Johnson & Johnson | 3 | 504 |
Juniper Networks, Inc. | 2 | 56 |
Kellogg Co. | 1 | 63 |
Keurig Dr Pepper, Inc. | 3 | 101 |
Kilroy Realty Corp., REIT | 1 | 33 |
Kimberly-Clark Corp. | 1 | 61 |
Kimco Realty Corp., REIT | 4 | 77 |
Kinder Morgan, Inc. | 10 | 159 |
Kite Realty Group Trust, REIT | 2 | 27 |
Kraft Heinz Co. (The) | 2 | 61 |
Laureate Education, Inc., Class A | — | 4 |
Lumen Technologies, Inc. | 9 | 65 |
LyondellBasell Industries NV, Class A | 1 | 56 |
Marathon Petroleum Corp. | 1 | 69 |
McDonald's Corp. | 1 | 286 |
Merck & Co., Inc. | 4 | 307 |
Motorola Solutions, Inc. | — | 62 |
National HealthCare Corp. | — | 12 |
National Retail Properties, Inc., REIT | 1 | 41 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
United States — continued | ||
Nestle SA (Registered) | 3 | 345 |
NetApp, Inc. | 1 | 49 |
Newell Brands, Inc. | 4 | 51 |
Newmont Corp. | 1 | 38 |
NextEra Energy, Inc. | 2 | 131 |
NMG, Inc. | — | — |
Nordic American Tankers Ltd. | 9 | 25 |
Norfolk Southern Corp. | — | 69 |
NorthWestern Corp. | — | 23 |
NortonLifeLock, Inc. | — | 1 |
NRG Energy, Inc. | 1 | 23 |
OGE Energy Corp. | 1 | 22 |
Omnicom Group, Inc. | 1 | 58 |
ONEOK, Inc. | 2 | 77 |
PACCAR, Inc. | 1 | 61 |
Park Hotels & Resorts, Inc., REIT | 2 | 25 |
PepsiCo, Inc. | — | 56 |
Philip Morris International, Inc. | 1 | 76 |
Phillips 66 | 1 | 60 |
Pinnacle West Capital Corp. | 1 | 80 |
Pioneer Natural Resources Co. | — | 59 |
PPL Corp. | 3 | 78 |
Procter & Gamble Co. (The) | 2 | 228 |
Progressive Corp. (The) | 1 | 100 |
Prologis, Inc., REIT | 3 | 264 |
Prudential Financial, Inc. | 1 | 54 |
Public Service Enterprise Group, Inc. | — | 22 |
Public Storage, REIT | — | 123 |
Raytheon Technologies Corp. | 1 | 63 |
Realty Income Corp. | 1 | 56 |
Regency Centers Corp., REIT | 1 | 52 |
Rexford Industrial Realty, Inc., REIT | 1 | 53 |
Roche Holding AG | 1 | 292 |
Seagate Technology Holdings plc | 2 | 111 |
Shenandoah Telecommunications Co. | 1 | 17 |
Simon Property Group, Inc., REIT | 1 | 54 |
Sirius XM Holdings, Inc. (e) | 10 | 58 |
Southern Co. (The) | 1 | 81 |
Steel Dynamics, Inc. | 1 | 63 |
Stellantis NV | 7 | 83 |
Stellantis NV | 1 | 11 |
Sun Communities, Inc., REIT | 1 | 133 |
T. Rowe Price Group, Inc. | 1 | 57 |
Target Corp. | — | 68 |
Texas Instruments, Inc. | 1 | 202 |
TJX Cos., Inc. (The) | 2 | 152 |
Trane Technologies plc | 1 | 136 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Common Stocks — continued | ||
United States — continued | ||
Truist Financial Corp. | 2 | 86 |
UDR, Inc., REIT | 2 | 93 |
UGI Corp. | 1 | 19 |
UnitedHealth Group, Inc. | — | 78 |
Valero Energy Corp. | 1 | 64 |
Ventas, Inc., REIT | 3 | 106 |
Verizon Communications, Inc. | 5 | 175 |
Viatris, Inc. | 2 | 20 |
VICI Properties, Inc., REIT | 4 | 133 |
VMware, Inc., Class A | 1 | 60 |
Walgreens Boots Alliance, Inc. | 1 | 43 |
Wells Fargo & Co. | 2 | 78 |
Welltower, Inc., REIT | 2 | 131 |
Western Union Co. (The) | 4 | 50 |
Weyerhaeuser Co., REIT | 2 | 54 |
Williams Cos., Inc. (The) | 3 | 83 |
WP Carey, Inc., REIT | 1 | 57 |
13,319 | ||
Total Common Stocks (Cost $32,027) | 29,936 | |
SHARES (000) | ||
Exchange-Traded Funds — 8.8% | ||
United States — 8.8% | ||
JPMorgan Equity Premium Income ETF (k) | 44 | 2,257 |
JPMorgan High Yield Research Enhanced ETF (k) | 127 | 5,395 |
7,652 | ||
Total Exchange-Traded Funds (Cost $9,092) | 7,652 | |
PRINCIPAL AMOUNT ($000) | ||
Equity Linked Notes — 7.9% | ||
Canada — 1.0% | ||
Royal Bank of Canada, ELN, 8.00%, 12/21/2022, (linked to Nasdaq-100 Index) (a) | — | 845 |
France — 2.9% | ||
BNP Paribas, ELN, 8.00%, 11/23/2022, (linked to Nasdaq-100 Index) (a) | — | 833 |
Societe Generale SA, ELN, 8.00%, 12/15/2022, (linked to Nasdaq-100 Index) (a) | — | 835 |
Societe Generale SA, ELN, 9.00%, 10/19/2022, (linked to Nasdaq-100 Index) (a) | — | 848 |
2,516 | ||
United Kingdom — 1.0% | ||
Barclays Bank plc, ELN, 8.00%, 12/12/2022, (linked to Nasdaq-100 Index) (h) | — | 890 |
United States — 3.0% | ||
Citigroup Global Markets Holdings, Inc., ELN, 8.00%, 12/05/2022, (linked to Nasdaq-100 Index) (h) | — | 868 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Equity Linked Notes — continued | ||
United States — continued | ||
Citigroup Global Markets Holdings, Inc., ELN, 9.00%, 12/30/2022, (linked to Nasdaq-100 Index) (h) | — | 877 |
National Bank of Canada, ELN, 8.00%, 12/28/2022, (linked to Nasdaq-100 Index) (a) | — | 874 |
2,619 | ||
Total Equity Linked Notes (Cost $7,484) | 6,870 | |
SHARES (000) | ||
Investment Companies — 2.9% | ||
United States — 2.9% | ||
JPMorgan Equity Income Fund (k) | 72 | 1,476 |
JPMorgan Floating Rate Income Fund (k) | 128 | 1,058 |
2,534 | ||
Total Investment Companies (Cost $2,176) | 2,534 | |
PRINCIPAL AMOUNT ($000) | ||
Commercial Mortgage-Backed Securities — 2.1% | ||
United States — 2.1% | ||
BANK Series 2017-BNK7, Class D, 2.71%, 9/15/2060 ‡ (a) | 100 | 72 |
Benchmark Mortgage Trust Series 2019-B11, Class D, 3.00%, 5/15/2052 ‡ (a) | 100 | 69 |
BX Commercial Mortgage Trust Series 2020-VIV2, Class C, 3.66%, 3/9/2044 ‡ (a) (j) | 106 | 84 |
Citigroup Commercial Mortgage Trust | ||
Series 2012-GC8, Class D, 4.94%, 9/10/2045 ‡ (a) (j) | 100 | 90 |
Series 2016-P6, Class D, 3.25%, 12/10/2049 ‡ (a) | 20 | 15 |
Series 2017-P7, Class D, 3.25%, 4/14/2050 ‡ (a) | 23 | 16 |
Series 2017-P7, Class B, 4.14%, 4/14/2050 ‡ (j) | 10 | 9 |
Commercial Mortgage Trust Series 2016-CR28, Class C, 4.76%, 2/10/2049 ‡ (j) | 100 | 92 |
CSAIL Commercial Mortgage Trust Series 2019-C15, Class C, 5.15%, 3/15/2052 ‡ (j) | 100 | 88 |
DBGS Mortgage Trust Series 2018-5BP, Class B, 3.80%, 6/15/2033 ‡ (a) (j) | 100 | 95 |
FHLMC Multiclass Certificates Series 2020-RR05, Class X, IO, 2.01%, 1/27/2029 | 160 | 16 |
FHLMC, Multi-Family Structured Pass-Through Certificates | ||
Series K734, Class X3, IO, 2.24%, 7/25/2026 (j) | 120 | 8 |
Series Q012, Class X, IO, 4.13%, 9/25/2035 (j) | 447 | 87 |
Series K726, Class X3, IO, 2.22%, 7/25/2044 (j) | 151 | 5 |
Series K729, Class X3, IO, 2.03%, 11/25/2044 (j) | 1,212 | 42 |
Series K728, Class X3, IO, 2.02%, 11/25/2045 (j) | 100 | 4 |
Series K071, Class X3, IO, 2.08%, 11/25/2045 (j) | 700 | 59 |
Series K088, Class X3, IO, 2.43%, 2/25/2047 (j) | 555 | 66 |
Series K108, Class X3, IO, 3.61%, 4/25/2048 (j) | 400 | 78 |
FREMF Series 2018-KF46, Class B, 4.50%, 3/25/2028 (a) (j) | 3 | 3 |
FREMF Mortgage Trust | ||
Series 2017-KF31, Class B, 5.45%, 4/25/2024 (a) (j) | 4 | 4 |
Series 2017-KF32, Class B, 5.10%, 5/25/2024 (a) (j) | 27 | 27 |
Series 2018-KF45, Class B, 4.50%, 3/25/2025 (a) (j) | 4 | 4 |
Series 2018-KF47, Class B, 4.55%, 5/25/2025 (a) (j) | 17 | 17 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Commercial Mortgage-Backed Securities — continued | ||
United States — continued | ||
Series 2018-KC02, Class B, 4.23%, 7/25/2025 (a) (j) | 25 | 23 |
Series 2018-KF53, Class B, 4.60%, 10/25/2025 (j) | 31 | 31 |
Series 2019-KC03, Class B, 4.52%, 1/25/2026 (a) (j) | 25 | 23 |
Series 2019-KF62, Class B, 4.60%, 4/25/2026 (a) (j) | 6 | 6 |
Series 2018-KF43, Class B, 4.70%, 1/25/2028 (a) (j) | 25 | 25 |
Series 2018-KF50, Class B, 4.45%, 7/25/2028 (a) (j) | 3 | 3 |
Series 2018-K82, Class B, 4.27%, 9/25/2028 (a) (j) | 50 | 46 |
Series 2019-KF63, Class B, 4.90%, 5/25/2029 (a) (j) | 13 | 13 |
Series 2017-K65, Class B, 4.22%, 7/25/2050 (a) (j) | 75 | 70 |
Series 2018-K75, Class B, 4.11%, 4/25/2051 (a) (j) | 10 | 9 |
Series 2020-K737, Class B, 3.42%, 1/25/2053 (a) (j) | 100 | 91 |
Series 2020-K737, Class C, 3.42%, 1/25/2053 (a) (j) | 145 | 131 |
GNMA | ||
Series 2016-71, Class QI, IO, 0.93%, 11/16/2057 (j) | 112 | 5 |
Series 2020-14, IO, 0.58%, 2/16/2062 (j) | 599 | 30 |
Series 2020-23, IO, 0.65%, 4/16/2062 (j) | 160 | 9 |
Jackson Park Trust | ||
Series 2019-LIC, Class E, 3.35%, 10/14/2039 ‡ (a) (j) | 100 | 68 |
Series 2019-LIC, Class F, 3.35%, 10/14/2039 ‡ (a) (j) | 100 | 65 |
LB-UBS Commercial Mortgage Trust Series 2006-C6, Class AJ, 5.45%, 9/15/2039 ‡ (j) | 20 | 9 |
Morgan Stanley Bank of America Merrill Lynch Trust Series 2016-C31, Class B, 3.88%, 11/15/2049 ‡ (j) | 50 | 43 |
Morgan Stanley Capital I Trust | ||
Series 2018-MP, Class D, 4.42%, 7/11/2040 ‡ (a) (j) | 10 | 8 |
Series 2020-HR8, Class XA, IO, 1.97%, 7/15/2053 (j) | 994 | 103 |
Total Commercial Mortgage-Backed Securities (Cost $2,149) | 1,861 | |
U.S. Treasury Obligations — 1.0% | ||
United States — 1.0% | ||
U.S. Treasury Notes , 0.13%, 1/31/2023 (l)(Cost $839) | 842 | 832 |
Collateralized Mortgage Obligations — 0.8% | ||
United States — 0.8% | ||
Banc of America Funding Trust Series 2006-A, Class 1A1, 3.11%, 2/20/2036 (j) | 7 | 6 |
Citigroup Mortgage Loan Trust, Inc. Series 2005-6, Class A1, 2.19%, 9/25/2035 (j) | 17 | 17 |
Connecticut Avenue Securities Trust Series 2019-R06, Class 2M2, 5.18%, 9/25/2039 ‡ (a) (j) | 4 | 4 |
FHLMC, REMIC | ||
Series 4703, Class SA, IF, IO, 3.33%, 7/15/2047 (j) | 185 | 21 |
Series 4937, Class MS, IF, IO, 2.97%, 12/25/2049 (j) | 121 | 13 |
Series 4839, Class WS, IF, IO, 3.28%, 8/15/2056 (j) | 126 | 17 |
FHLMC, STRIPS | ||
Series 316, Class S7, IF, IO, 3.28%, 11/15/2043 (j) | 168 | 17 |
Series 356, Class S5, IF, IO, 3.18%, 9/15/2047 (j) | 215 | 22 |
FNMA, REMIC | ||
Series 2012-75, Class DS, IF, IO, 2.87%, 7/25/2042 (j) | 143 | 13 |
Series 2016-1, Class SJ, IF, IO, 3.07%, 2/25/2046 (j) | 93 | 12 |
Series 2018-67, Class SN, IF, IO, 3.12%, 9/25/2048 (j) | 298 | 35 |
Series 2018-73, Class SC, IF, IO, 3.12%, 10/25/2048 (j) | 174 | 17 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | PRINCIPAL AMOUNT ($000) | VALUE ($000) |
Collateralized Mortgage Obligations — continued | ||
United States — continued | ||
GNMA | ||
Series 2017-67, Class ST, IF, IO, 3.19%, 5/20/2047 (j) | 139 | 16 |
Series 2017-112, Class S, IF, IO, 3.19%, 7/20/2047 (j) | 109 | 11 |
Series 2018-36, Class SG, IF, IO, 3.19%, 3/20/2048 (j) | 64 | 8 |
Series 2019-22, Class SM, IF, IO, 3.04%, 2/20/2049 (j) | 165 | 17 |
Series 2019-42, Class SJ, IF, IO, 3.04%, 4/20/2049 (j) | 133 | 14 |
Impac CMB Trust | ||
Series 2004-7, Class 1A2, 4.00%, 11/25/2034 (j) | 30 | 29 |
Series 2005-8, Class 1AM, 3.78%, 2/25/2036 (j) | 56 | 50 |
Morgan Stanley Mortgage Loan Trust Series 2004-5AR, Class 4A, 3.24%, 7/25/2034 (j) | — | — |
New Residential Mortgage Loan Trust Series 2019-NQM4, Class M1, 2.99%, 9/25/2059 ‡ (a) (j) | 239 | 199 |
Structured Adjustable Rate Mortgage Loan Trust Series 2007-9, Class 1A1, 5.10%, 10/25/2037 (j) | 209 | 190 |
WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR5, Class A6, 3.31%, 5/25/2035 (j) | 10 | 10 |
Total Collateralized Mortgage Obligations (Cost $949) | 738 | |
SHARES (000) | ||
Preferred Stocks — 0.5% | ||
United States — 0.5% | ||
Allstate Corp. (The) Series H, 5.10%, 10/15/2024 ($25 par value) (m) | 1 | 24 |
Bank of America Corp., | ||
Series GG, 6.00%, 5/16/2023 ($25 par value) (m) | — | 9 |
Series KK, 5.38%, 6/25/2024 ($25 par value) (m) | 1 | 16 |
Series LL, 5.00%, 9/17/2024 ($25 par value) (m) | 1 | 15 |
Energy Transfer LP Series E, 7.60%, 5/15/2024 (m) | 2 | 39 |
MetLife, Inc. Series F, 4.75%, 3/15/2025 ($25 par value) (m) | 1 | 13 |
Morgan Stanley, | ||
Series K, 5.85%, 4/15/2027 ($25 par value) (m) | 2 | 53 |
Series P, 6.50%, 10/15/2027 ($25 par value) (m) | 2 | 45 |
MYT Holding LLC Series A, 10.00%, 6/6/2029 ‡ | 7 | 8 |
Northern Trust Corp. Series E, 4.70%, 1/1/2025 ($25 par value) (m) | 1 | 9 |
Public Storage Series L, REIT, 4.63%, 6/17/2025 ($25 par value) (m) | — | — |
SCE Trust VI 5.00%, 6/26/2022 ($25 par value) (m) | 4 | 72 |
Sempra Energy 5.75%, 7/1/2079 ($25 par value) | — | 2 |
Southern Co. (The) Series 2020, 4.95%, 1/30/2080 ($25 par value) | 1 | 21 |
State Street Corp. Series G, 5.35%, 3/15/2026 ($25 par value) (m) | — | 9 |
Truist Financial Corp. Series R, 4.75%, 9/1/2025 ($25 par value) (m) | 1 | 16 |
Wells Fargo & Co., | ||
Series Y, 5.63%, 9/15/2022 ($25 par value) (m) | 1 | 28 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | SHARES (000) | VALUE ($000) |
Preferred Stocks — continued | ||
United States — continued | ||
Series Z, 4.75%, 3/15/2025 ($25 par value) (m) | 5 | 100 |
Series AA, 4.70%, 12/15/2025 ($25 par value) (m) | — | 4 |
Total Preferred Stocks (Cost $572) | 483 | |
PRINCIPAL AMOUNT ($000) | ||
Mortgage-Backed Securities — 0.4% | ||
United States — 0.4% | ||
FNMA UMBS, 30 Year | ||
Pool # MA4398, 2.00%, 8/1/2051 | 315 | 256 |
Pool # MA4465, 2.00%, 11/1/2051 | 9 | 7 |
Pool # MA4563, 2.50%, 3/1/2052 | 58 | 49 |
Pool # MA4564, 3.00%, 3/1/2052 | 13 | 11 |
GNMA II, 30 Year Pool # MA7534, 2.50%, 8/20/2051 | 53 | 46 |
Total Mortgage-Backed Securities (Cost $453) | 369 | |
Asset-Backed Securities — 0.3% | ||
United States — 0.3% | ||
GSAMP Trust Series 2003-SEA, Class A1, 3.88%, 2/25/2033 ‡ (j) | 75 | 72 |
Morgan Stanley ABS Capital I, Inc. Trust | ||
Series 2003-SD1, Class M1, 5.33%, 3/25/2033 ‡ (j) | 105 | 100 |
Series 2003-NC10, Class M1, 4.10%, 10/25/2033 ‡ (j) | 12 | 12 |
Prestige Auto Receivables Trust Series 2018-1A, Class D, 4.14%, 10/15/2024 (a) | 9 | 9 |
Securitized Asset-Backed Receivables LLC Trust Series 2004-OP2, Class M3, 5.11%, 8/25/2034 ‡ (j) | 48 | 48 |
Total Asset-Backed Securities (Cost $237) | 241 | |
Loan Assignments — 0.2% (d) (n) | ||
United States — 0.2% | ||
American Axle & Manufacturing, Inc., 1st Lien Term Loan B (ICE LIBOR USD 1 Month + 2.25%), 5.06%, 4/6/2024 | 5 | 5 |
Axalta Dupont PC, Term Loan B (ICE LIBOR USD 3 Month + 1.75%), 4.00%, 6/1/2024 | 21 | 21 |
CenturyLink, Inc., 1st Lien Term Loan B (ICE LIBOR USD 1 Month + 2.25%), 5.37%, 3/15/2027 | 7 | 7 |
JBS USA LUX SA, 1st Lien Term Loan B 2.09%, 12/29/2022 | 24 | 23 |
Nexstar Broadcasting, Inc., 1st Lien Term Loan B (ICE LIBOR USD 1 Month + 2.50%), 5.62%, 9/18/2026 | 28 | 27 |
UFC Holdings LLC, 1st Lien Term Loan B-3 (ICE LIBOR USD 3 Month + 2.75%), 5.52%, 4/29/2026 | 39 | 38 |
WMG Acquisition Corp., 1st Lien Term Loan G (ICE LIBOR USD 1 Month + 2.13%), 5.24%, 1/20/2028 | 31 | 30 |
Total Loan Assignments (Cost $155) | 151 | |
NO. OF WARRANTS (000) | ||
Warrants — 0.1% | ||
United Kingdom — 0.0% ^ | ||
Nmg Research Ltd. expiring 9/24/2027, price 1.00 USD ‡ * | — | 7 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
INVESTMENTS | NO. OF WARRANTS (000) | VALUE ($000) |
Warrants — continued | ||
United States — 0.1% | ||
Chesapeake Energy Corp. | ||
expiring 2/9/2026, price 32.86 USD * | — | 10 |
expiring 2/9/2026, price 25.10 USD * | — | 17 |
expiring 2/9/2026, price 29.18 USD * | 1 | 19 |
Windstream Holdings, Inc. expiring 12/31/2049, price 10.75 USD ‡ * | — | — |
46 | ||
Total Warrants (Cost $—) | 53 | |
PRINCIPAL AMOUNT ($000) | ||
Convertible Bonds — 0.0% ^ | ||
United States — 0.0% ^ | ||
Liberty Interactive LLC | ||
4.00%, 11/15/2029 | 3 | 1 |
3.75%, 2/15/2030 | 2 | 1 |
Total Convertible Bonds (Cost $4) | 2 | |
NO. OF RIGHTS (000) | ||
Rights — 0.0% | ||
Luxembourg — 0.0% ^ | ||
Intelsat Jackson Holdings SA, expiring 12/5/2025‡ *(Cost $—) | — | — |
SHARES (000) | ||
Short-Term Investments — 5.5% | ||
Investment Companies — 4.9% | ||
JPMorgan Prime Money Market Fund Class IM Shares, 3.02% (k) (o) | 693 | 693 |
JPMorgan Prime Money Market Fund Class Institutional Shares, 2.95% (k) (o) | 3,550 | 3,551 |
Total Investment Companies (Cost $4,243) | 4,244 | |
Investment of Cash Collateral from Securities Loaned — 0.6% | ||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 2.71% (k) (o) | 200 | 200 |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 2.73% (k) (o) | 339 | 339 |
Total Investment of Cash Collateral from Securities Loaned (Cost $539) | 539 | |
Total Short-Term Investments (Cost $4,782) | 4,783 | |
Total Investments — 99.7% (Cost $96,664) | 86,937 | |
Other Assets Less Liabilities — 0.3% | 221 | |
NET ASSETS — 100.0% | 87,158 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
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 |
ADR | American Depositary Receipt |
CVA | Dutch Certification |
ELN | Equity-Linked Note |
ETF | Exchange Traded Fund |
EUR | Euro |
FHLMC | Federal Home Loan Mortgage Corp. |
FNMA | Federal National Mortgage Association |
GBP | British Pound |
GDR | Global Depositary Receipt |
GNMA | Government National Mortgage Association |
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 September 30, 2022. 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 |
OYJ | Public Limited Company |
PJSC | Public Joint Stock Company |
Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference. |
PT | Limited liability company |
REIT | Real Estate Investment Trust |
REMIC | Real Estate Mortgage Investment Conduit |
RTS | Russian Trading System |
SCA | Limited partnership with share capital |
SGPS | Holding company |
SOFR | Secured Overnight Financing Rate |
SOFRINDX | Compounding index of the Secured Overnight Financing Rate |
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. | |
* | Non-income producing security. | |
(a) | Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities Act of 1933, as amended. | |
(b) | Security is an interest bearing note with preferred security characteristics. | |
(c) | Security is perpetual and thus, does not have a predetermined maturity date. The coupon rate for this security is fixed for a period of time and may be structured to adjust thereafter. The date shown, if applicable, reflects the next call date. The coupon rate shown is the rate in effect as of September 30, 2022. | |
(d) | Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the current rate as of September 30, 2022. | |
(e) | The security or a portion of this security is on loan at September 30, 2022. The total value of securities on loan at September 30, 2022 is $513. | |
(f) | Security has the ability to pay in kind (“PIK”) or pay income in cash. When applicable, separate rates of such payments are disclosed. | |
(g) | 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 September 30, 2022. | |
(h) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale. | |
(i) | Defaulted security. |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(j) | 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 September 30, 2022. | |
(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) | All or a portion of this security is deposited with the broker as initial margin for futures contracts. | |
(m) | The date shown reflects the next call date on which the issuer may redeem the security at par value. The coupon rate for this security is based on par value and is in effect as of September 30, 2022. | |
(n) | Loan assignments are presented by obligor. Each series or loan tranche underlying each obligor may have varying terms. | |
(o) | The rate shown is the current yield as of September 30, 2022. |
Summary of Investments by Industry, September 30, 2022
The following table represents the portfolio investments of the Fund by industry classifications as a percentage of total investments:
PORTFOLIO COMPOSITION BY ASSET CLASS AS OF September 30, 2022 | PERCENT OF TOTAL INVESTMENTS |
Convertible Bonds | 7.9% |
Fixed Income | 7.4 |
Banks | 6.7 |
Oil, Gas & Consumable Fuels | 5.9 |
U.S. Equity | 4.3 |
Equity Real Estate Investment Trusts (REITs) | 4.3 |
Diversified Telecommunication Services | 4.0 |
Pharmaceuticals | 3.2 |
Electric Utilities | 3.2 |
Media | 2.7 |
Insurance | 2.6 |
Health Care Providers & Services | 2.3 |
Commercial Mortgage-Backed Securities | 2.1 |
Capital Markets | 2.0 |
Hotels, Restaurants & Leisure | 2.0 |
Food Products | 1.7 |
Metals & Mining | 1.5 |
Wireless Telecommunication Services | 1.5 |
Semiconductors & Semiconductor Equipment | 1.4 |
Chemicals | 1.3 |
Consumer Finance | 1.3 |
Containers & Packaging | 1.2 |
Commercial Services & Supplies | 1.2 |
Multi-Utilities | 1.2 |
Beverages | 1.2 |
U.S. Treasury Notes | 1.0 |
Others (each less than 1.0%) | 19.4 |
Short-Term Investments | 5.5 |
Detailed information about investment portfolios of the underlying funds and ETFs can be found in shareholder reports filed with the Securities and Exchange Commission (SEC) by each such underlying fund semi-annually on Form N-CSR and in portfolio holdings filed
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
quarterly on Form N-PORT, and are available for download from both the SEC’s as well as each respective underlying fund’s website. Detailed information about underlying J.P. Morgan Funds can also be found at www.jpmorganfunds.com or by calling 1-800-480-4111.
Futures contracts outstanding as of September 30, 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 | |||||
EURO STOXX 50 Index | 1 | 12/16/2022 | EUR | 32 | (1) |
S&P 500 E-Mini Index | 11 | 12/16/2022 | USD | 1,982 | (156) |
U.S. Treasury 10 Year Note | 127 | 12/20/2022 | USD | 14,232 | (738) |
(895) | |||||
Short Contracts | |||||
EURO STOXX 50 Index | (40) | 12/16/2022 | EUR | (1,283) | 126 |
E-Mini Nasdaq 100 Index | (23) | 12/16/2022 | USD | (5,079) | 481 |
607 | |||||
(288) |
Abbreviations | |
EUR | Euro |
USD | United States Dollar |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 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.
Under the 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 the 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 Funds 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 Funds. 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 Portfolio'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.
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. Certain foreign equity instruments are valued by applying international fair value factors provided by approved Pricing Services. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is calculated.
Investments in open-end investment companies, excluding exchange-traded funds (“ETFs”) (“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.
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 Portfolio at September 30, 2022.
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).
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
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 ("SOI"):
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Investments in Securities | ||||
Asset-Backed Securities | ||||
United States | $— | $9 | $232 | $241 |
Collateralized Mortgage Obligations | ||||
United States | — | 535 | 203 | 738 |
Commercial Mortgage-Backed Securities | ||||
United States | — | 1,038 | 823 | 1,861 |
Common Stocks | ||||
Australia | — | 654 | — | 654 |
Austria | — | 85 | — | 85 |
Belgium | — | 173 | — | 173 |
Brazil | 242 | 11 | — | 253 |
Canada | 1,831 | — | — | 1,831 |
Chile | 42 | — | — | 42 |
China | 99 | 1,376 | — | 1,475 |
Denmark | 11 | 329 | — | 340 |
Egypt | 20 | — | — | 20 |
Finland | — | 324 | — | 324 |
France | — | 1,139 | — | 1,139 |
Germany | — | 930 | — | 930 |
Hong Kong | 16 | 376 | — | 392 |
India | 180 | — | — | 180 |
Indonesia | 160 | 144 | — | 304 |
Italy | — | 388 | — | 388 |
Japan | — | 1,557 | — | 1,557 |
Luxembourg | — | 13 | 10 | 23 |
Mexico | 321 | — | — | 321 |
Netherlands | — | 309 | — | 309 |
New Zealand | — | 89 | — | 89 |
Norway | 22 | 244 | — | 266 |
Peru | 63 | — | — | 63 |
Poland | — | 33 | — | 33 |
Portugal | — | 85 | — | 85 |
Russia | — | — | 1 | 1 |
Saudi Arabia | — | 52 | — | 52 |
Singapore | 19 | 281 | — | 300 |
South Africa | 67 | 262 | — | 329 |
South Korea | 14 | 417 | — | 431 |
Spain | 18 | 727 | — | 745 |
Sweden | — | 415 | — | 415 |
Switzerland | — | 416 | — | 416 |
Taiwan | 31 | 645 | — | 676 |
Thailand | 35 | 57 | — | 92 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
United Kingdom | $82 | $1,802 | $— | $1,884 |
United States | 12,490 | 829 | — | 13,319 |
Total Common Stocks | 15,763 | 14,162 | 11 | 29,936 |
Convertible Bonds | — | 2 | — | 2 |
Corporate Bonds | ||||
Australia | — | 206 | — | 206 |
Belgium | — | 18 | — | 18 |
Canada | — | 1,157 | — | 1,157 |
Cayman Islands | — | 25 | — | 25 |
Finland | — | 41 | — | 41 |
France | — | 562 | — | 562 |
Germany | — | 18 | — | 18 |
Ireland | — | 237 | — | 237 |
Italy | — | 99 | — | 99 |
Luxembourg | — | 20 | — | 20 |
Netherlands | — | 313 | — | 313 |
Sweden | — | 150 | — | 150 |
Switzerland | — | 546 | — | 546 |
United Kingdom | — | 717 | — | 717 |
United States | — | 26,323 | —(a) | 26,323(a) |
Total Corporate Bonds | — | 30,432 | — | 30,432 |
Equity Linked Notes | — | 6,870 | — | 6,870 |
Exchange-Traded Funds | 7,652 | — | — | 7,652 |
Investment Companies | 2,534 | — | — | 2,534 |
Loan Assignments | — | 151 | — | 151 |
Mortgage-Backed Securities | — | 369 | — | 369 |
Preferred Stocks | ||||
United States | 475 | — | 8 | 483 |
Rights | — | — | —(a) | —(a) |
U.S. Treasury Obligations | — | 832 | — | 832 |
Warrants | ||||
United Kingdom | — | — | 7 | 7 |
United States | 46 | — | —(a) | 46 |
Total Warrants | 46 | — | 7 | 53 |
Short-Term Investments | ||||
Investment Companies | 4,244 | — | — | 4,244 |
Investment of Cash Collateral from Securities Loaned | 539 | — | — | 539 |
Total Short-Term Investments | 4,783 | — | — | 4,783 |
Total Investments in Securities | $31,253 | $54,400 | $1,284 | $86,937 |
Appreciation in Other Financial Instruments | ||||
Futures Contracts | $607 | $— | $— | $607 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |
Depreciation in Other Financial Instruments | ||||
Futures Contracts | $(895) | $— | $— | $(895) |
Total Net Appreciation/ Depreciation in Other Financial Instruments | $(288) | $— | $— | $(288) |
(a) | Amount rounds to less than one thousand. |
The following is a summary of investments for which significant unobservable inputs (level 3) were used in determining fair value:
Balance as of December 31, 2021 | Realized gain (loss) | Change in net unrealized appreciation (depreciation) | Net accretion (amortization) | Purchases1 | Sales2 | Transfers into Level 3 | Transfers out of Level 3 | Balance as of September 30, 2022 | |
Investments in Securities: | |||||||||
Asset-Backed Securities | $262 | $—(a) | $(8) | $1 | $— | $(23) | $— | $— | $232 |
Collateralized Mortgage Obligations | 264 | — | (40) | — | — | (21) | — | — | 203 |
Commercial Mortgage-Backed Securities | 1,072 | (13) | (154) | 1 | — | (83) | — | — | 823 |
Common Stocks | — | (9) | (87) | — | 11 | (49) | 145 | — | 11 |
Corporate Bonds | — | — | —(a) | — | —(a) | — | — | — | —(a) |
Preferred Stocks | 8 | — | —(a) | — | — | — | — | — | 8 |
Rights | — | — | — | — | —(a) | — | — | — | —(a) |
Warrants | 4 | — | 3 | — | — | — | — | — | 7 |
Total | $1,610 | $(22) | $(286) | $2 | $11 | $(176) | $145 | $— | $1,284 |
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) | Amount rounds to less than one thousand. |
The changes in net unrealized appreciation (depreciation) attributable to securities owned at September 30, 2022, which were valued using significant unobservable inputs (level 3) amounted to $(296).
There were no significant transfers into or out of level 3 for the period ended September 30, 2022.
The significant unobservable inputs used in the fair value measurement of the Portfolio'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 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 September 30, 2022 | Valuation Technique(s) | Unobservable Input | Range (Weighted Average) (a) | |
$233 | Discounted Cash Flow | Constant Prepayment Rate | 9.00% - 9.50% (9.34%) | |
Constant Default Rate | 1.48% - 7.80% (5.51%) | |||
Yield (Discount Rate of Cash Flows) | 6.84% - 9.73% (7.81%) | |||
Asset-Backed Securities | 233 |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
Fair Value at September 30, 2022 | Valuation Technique(s) | Unobservable Input | Range (Weighted Average) (a) | |
823 | Discounted Cash Flow | Yield (Discount Rate of Cash Flows) | 0.00% - 120.93% (20.71%) | |
Commercial Mortgage- Backed Securities | 823 | |||
203 | Discounted Cash Flow | Constant Prepayment Rate | 10.00% - 15.00% (14.90%) | |
Constant Default Rate | 0.00% - 0.08% (0.08%) | |||
Yield (Discount Rate of Cash Flows) | 5.90% - 6.12% (6.12%) | |||
Collateralized Mortgage Obligations | 203 | |||
-(b) | Terms of Restructuring | Expected Recovery | $0.01 ($0.01) | |
Corporate Bond | -(b) | |||
-(b) | Pending Distribution Amount | Expected Recovery | 0.01 ($0.01) | |
Rights | -(b) | |||
Total | $1,259 |
# | The table above does not include certain level 3 investments that are valued by brokers and Pricing Services. At September 30, 2022, the value of these investments was $25. 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) | Amount rounds to less than one thousand. |
B. Investment Transactions with Affiliates — The Portfolio invested in Underlying Funds and ETFs 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’ and ETFs’ distributions may be reinvested into the Underlying Funds and ETFs. Reinvestment amounts are included in the purchases at cost amounts in the table below.
For the period ended September 30, 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 September 30, 2022 | Shares at September 30, 2022 | Dividend Income | Capital Gain Distributions |
JPMorgan Emerging Markets Strategic Debt Fund Class R6 Shares (a) | $2,160 | $11 | $1,872 | $(373) | $74 | $— | — | $11 | $— |
JPMorgan Equity Income Fund Class R6 Shares (a) | 1,696 | 26 | — | — | (246) | 1,476 | 72 | 26 | — |
JPMorgan Equity Premium Income ETF (a) | 1,653 | 1,093 | — | — | (489) | 2,257 | 44 | 164 | — |
JPMorgan Floating Rate Income Fund Class R6 Shares (a) | 1,108 | 34 | — | — | (84) | 1,058 | 128 | 34 | — |
JPMorgan High Yield Research Enhanced ETF (a) | 4,505 | 1,863 | — | — | (973) | 5,395 | 127 | 187 | — |
JPMorgan Prime Money Market Fund Class IM Shares, 3.02% (a) (b) | 462 | 4,629 | 4,398 | — | —(c) | 693 | 693 | 3 | — |
JPMorgan Prime Money Market Fund Class Institutional Shares, 2.95% (a) (b) | 1,323 | 32,547 | 30,320 | — | 1 | 3,551 | 3,550 | 31 | — |
JPMorgan Insurance Trust Income Builder Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF September 30, 2022 (Unaudited) (continued)
(Dollar values in thousands)
For the period ended September 30, 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 September 30, 2022 | Shares at September 30, 2022 | Dividend Income | Capital Gain Distributions |
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 2.71% (a) (b) | $200 | $— | $— | $— | $—(c) | $200 | 200 | $1 | $— |
JPMorgan U.S. Government Money Market Fund Class IM Shares, 2.73% (a) (b) | 820 | 7,624 | 8,105 | — | — | 339 | 339 | 5 | — |
Total | $13,927 | $47,827 | $44,695 | $(373) | $(1,717) | $14,969 | $462 | $— |
(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 September 30, 2022. |
(c) | Amount rounds to less than one thousand. |