0001752724-24-127579.txt : 20240530 0001752724-24-127579.hdr.sgml : 20240530 20240530093430 ACCESSION NUMBER: 0001752724-24-127579 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240530 DATE AS OF CHANGE: 20240530 PERIOD START: 20240630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JPMorgan Trust I CENTRAL INDEX KEY: 0001217286 ORGANIZATION NAME: IRS NUMBER: 331043149 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21295 FILM NUMBER: 241001558 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 800-480-4111 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 FORMER COMPANY: FORMER CONFORMED NAME: JP MORGAN MUTUAL FUND SERIES DATE OF NAME CHANGE: 20030204 0001217286 S000018068 JPMorgan SmartRetirement 2050 Fund C000050060 Class A JTSAX C000050061 Class C JTSCX C000050062 Class I JTSSX C000050063 Class R5 JTSIX C000070636 Class R2 JTSZX C000148433 Class R6 JTSYX C000169495 Class R3 JTSPX C000169496 Class R4 JTSQX NPORT-P 1 primary_doc.xml NPORT-P false 0001217286 XXXXXXXX S000018068 C000148433 C000070636 C000050060 C000169495 C000050062 C000050061 C000169496 C000050063 JPMorgan Trust I 811-21295 0001217286 549300DM5WZMCZZ70R78 277 Park Avenue New York 10172 800-480-4111 JPMorgan SmartRetirement 2050 Fund S000018068 549300S4F9ZOVKLFHG93 2024-06-30 2024-03-31 N 2643137637.82 508098.60 2642629539.22 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 148973.93000000 N 48.65% SP500GRUSD0, 23.05% EAFERNRUSD0, 8.5% EMGLRNRUSD0, 6.85% 1TRUSD0, 6.45% SP400GRUSD0, 3.5% RU2000GRUSD0, 1.85% RMZGRUSD0, 0.9% 5273TRUSD0, 0.25% EMBIGDTRUSD0 IBXUSD006813 JPMorgan Small Cap Value Fund 549300V4YKXS0HHDUK18 JPMorgan Small Cap Value Fund, Class R6 4812C0225 666092.74600000 NS USD 18956999.55000000 0.717353653573 Long RF US N 1 N N N JPMorgan Realty Income ETF 549300R863426H3TN061 JPMorgan Realty Income ETF 46641Q126 812453.00000000 NS USD 35626064.05000000 1.348129335620 Long RF US N 1 N N N JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 549300S2VYDS8QJGW220 JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 46641Q340 1147065.00000000 NS USD 106046159.25000000 4.012902969415 Long RF US N 1 N N N JPMorgan Emerging Markets Debt Fund 8KLDAXM5A9FOP50PQD10 JPMorgan Emerging Markets Debt Fund, Class R6 48121A134 1048502.19000000 NS USD 6511198.60000000 0.246390896013 Long RF US N 1 N N N JPMorgan International Research Enhanced Equity ETF 549300O57YNNVO2LZJ82 JPMorgan International Research Enhanced Equity ETF 46641Q134 5608319.00000000 NS USD 351192935.78000000 13.28952585172 Long RF US N 1 N N N N/A N/A MSCI Emerging Markets E-Mini Index N/A 872.00000000 NC USD -50581.54000000 -0.00191406094 N/A DE US N 1 ICE Clear US 549300HWWR1D8OTS2G29 Long MSCI Emerging Markets E-Mini Index US55353S1050 2024-06-21 45727680.00000000 USD -50581.54000000 N N N United States of America 254900HROIFWPRGM1V77 U.S. Treasury Notes 91282CGG0 2271600.00000000 PA USD 2253113.67000000 0.085260292317 Long DBT UST US N 2 2025-01-31 Fixed 4.12500000 N N N N N N JPMorgan Global Select Equity ETF 5493000IA63JXH4YO068 JPMorgan Global Select Equity ETF 46654Q740 4205977.00000000 NS USD 241465139.57000000 9.137305702004 Long RF US N 1 N N N JPMorgan ActiveBuilders Emerging Markets Equity ETF 549300YT4VMRJKDB1P44 JPMorgan ActiveBuilders Emerging Markets Equity ETF 46641Q266 2397804.00000000 NS USD 87879516.60000000 3.325457287741 Long RF US N 1 N N N JPMorgan Core Plus Bond Fund JW89OQCNJOLWVS3KT374 JPMorgan Core Plus Bond Fund, Class R6 4812C0134 18343286.40800000 NS USD 131521363.55000000 4.976912639401 Long RF US N 1 N N N JPMorgan Emerging Markets Research Enhanced Equity Fund 549300RH6H0TG40PHS83 JPMorgan Emerging Markets Research Enhanced Equity Fund, Class R6 46645V626 4188529.84900000 NS USD 66430083.41000000 2.513787211718 Long RF US N 1 N N N JPMorgan Small Cap Equity Fund 549300RO68EY7ZS30I29 JPMorgan Small Cap Equity Fund, Class R6 48127B862 335121.33900000 NS USD 19172291.80000000 0.725500548429 Long RF US N 1 N N N JPMorgan High Yield Fund 15QB5UY3VV3GNSMNPX63 JPMorgan High Yield Fund, Class R6 4812C0126 1809977.05800000 NS USD 11638152.48000000 0.440400453687 Long RF US N 1 N N N JPMorgan International Equity Fund HQ7PRYSQNFVGDT1BSL78 JPMorgan International Equity Fund, Class R6 48121L882 9282609.99300000 NS USD 186301982.56000000 7.049871341973 Long RF US N 1 N N N JPMorgan U.S. Government Money Market Fund 8I5DZWZKVSZI1NUHU748 JPMorgan U.S. Government Money Market Fund, Class IM 4812C2270 41476151.14000000 NS USD 41476151.14000000 1.569503047038 Long STIV RF US N 1 N N N JPMorgan U.S. Research Enhanced Equity Fund 549300VOOZNRR4HQN096 JPMorgan U.S. Research Enhanced Equity Fund, Class R6 4812A1837 7691895.79780000 NS USD 314290862.30000000 11.89311091984 Long RF US N 1 N N N JPMorgan Growth Advantage Fund 549300WH8DD4YVIMGX89 JPMorgan Growth Advantage Fund, Class R6 46640W108 7646829.73200000 NS USD 297385208.28000000 11.25338243088 Long RF US N 1 N N N JPMorgan Small Cap Growth Fund 549300O2OV2J830JXI18 JPMorgan Small Cap Growth Fund, Class R6 48121L825 833272.24900000 NS USD 18515309.37000000 0.700639612749 Long RF US N 1 N N N JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 549300UUJZT2ZWE64W88 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 46641Q878 237493.00000000 NS USD 10969801.67000000 0.415109326040 Long RF US N 1 N N N JPMorgan Emerging Markets Equity Fund YGO3SVACG8PL3FXK2G86 JPMorgan Emerging Markets Equity Fund, Class R6 48121L122 812634.15700000 NS USD 24736583.74000000 0.936059457932 Long RF US N 1 N N N JPMorgan U.S. Equity Fund 549300O4STN5CE50YK08 JPMorgan U.S. Equity Fund, Class R6 48121L817 13055824.17300000 NS USD 309945265.87000000 11.72866878501 Long RF US N 1 N N N JPMorgan Core Bond Fund DQ695W4P67V7A4LC6I09 JPMorgan Core Bond Fund, Class R6 4812C0100 4305861.03300000 NS USD 43876723.93000000 1.660343354178 Long RF US N 1 N N N JPMorgan BetaBuilders MSCI US REIT ETF 549300UDD0DL9T2E4I67 JPMorgan BetaBuilders MSCI US REIT ETF 46641Q738 135277.00000000 NS USD 11969308.96000000 0.452931778077 Long RF US N 1 N N N JPMorgan Value Advantage Fund 549300P7ZUUEK5GQXK57 JPMorgan Value Advantage Fund, Class R6 46641U382 7828193.28100000 NS USD 304516718.63000000 11.52324660383 Long RF US N 1 N N N 2024-04-30 JPMorgan Trust I Timothy J. Clemens Timothy J. Clemens Treasurer and Principal Financial Officer XXXX NPORT-EX 2 JPMSR2050.htm PART F EDGAR HTML
JPMorgan SmartRetirement® 2050 Fund
Schedule of Portfolio Investments as of March 31, 2024
(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., 2024.
JPMorgan SmartRetirement® 2050 Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF March 31, 2024 (Unaudited)
 
INVESTMENTS
SHARES
(000)
VALUE
($000)
Investment Companies — 66.6%
Fixed Income — 7.4%
JPMorgan Core Bond Fund Class R6 Shares (a)
4,306
43,877
JPMorgan Core Plus Bond Fund Class R6 Shares (a)
18,343
131,521
JPMorgan Emerging Markets Debt Fund Class R6 Shares (a)
1,049
6,511
JPMorgan High Yield Fund Class R6 Shares (a)
1,810
11,638
Total Fixed Income
 
193,547
International Equity — 10.5%
JPMorgan Emerging Markets Equity Fund Class R6 Shares (a)
813
24,737
JPMorgan Emerging Markets Research Enhanced Equity Fund Class R6 Shares (a)
4,188
66,430
JPMorgan International Equity Fund Class R6 Shares (a)
9,283
186,302
Total International Equity
 
277,469
U.S. Equity — 48.7%
JPMorgan Growth Advantage Fund Class R6 Shares * (a)
7,647
297,385
JPMorgan Small Cap Equity Fund Class R6 Shares (a)
335
19,172
JPMorgan Small Cap Growth Fund Class R6 Shares * (a)
833
18,515
JPMorgan Small Cap Value Fund Class R6 Shares (a)
666
18,951
JPMorgan U.S. Equity Fund Class R6 Shares (a)
13,056
309,945
JPMorgan U.S. Research Enhanced Equity Fund Class R6 Shares (a)
7,692
314,291
JPMorgan Value Advantage Fund Class R6 Shares (a)
7,828
304,517
Total U.S. Equity
 
1,282,776
Total Investment Companies
(Cost $1,138,133)
 
1,753,792
Exchange-Traded Funds — 32.1%
Alternative Assets — 1.8%
JPMorgan BetaBuilders MSCI US REIT ETF (a)
135
11,969
JPMorgan Realty Income ETF (a)
813
35,626
Total Alternative Assets
 
47,595
Fixed Income — 0.4%
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (a)
237
10,970
International Equity — 16.7%
JPMorgan ActiveBuilders Emerging Markets Equity ETF (a)
2,398
87,880
JPMorgan International Research Enhanced Equity ETF (a)
5,608
351,193
Total International Equity
 
439,073
International Funds — 9.2%
JPMorgan Global Select Equity ETF (a)
4,206
241,465
U.S. Equity — 4.0%
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (a)
1,147
106,046
Total Exchange-Traded Funds
(Cost $734,136)
 
845,149
 
PRINCIPAL
AMOUNT
($000)
 
U.S. Treasury Obligations — 0.1%
U.S. Treasury Notes
4.13%, 1/31/2025 (b) (Cost $2,256)
2,272
2,253
JPMorgan SmartRetirement® 2050 Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF March 31, 2024 (Unaudited) (continued)
 INVESTMENTS
SHARES
(000)
VALUE
($000)
Short-Term Investments — 1.5%
Investment Companies — 1.5%
JPMorgan U.S. Government Money Market Fund Class IM Shares, 5.25% (a) (c)
(Cost $41,476)
41,476
41,476
Total Investments — 100.3%
(Cost $1,916,001)
 
2,642,670
Liabilities in Excess of Other Assets — (0.3)%
 
(8,903
)
NET ASSETS — 100.0%
 
2,633,767
 
Percentages indicated are based on net assets.
 
Abbreviations
 
ETF
Exchange Traded Fund
REIT
Real Estate Investment Trust
USD
United States Dollar
 
*
Non-income producing security.
(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)
All or a portion of this security is deposited with the broker as initial margin for futures contracts.
(c)
The rate shown is the current yield as of March 31, 2024.
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 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 March 31, 2024 (amounts in thousands, except number of contracts):
 
DESCRIPTION
NUMBER OF
CONTRACTS
EXPIRATION DATE
TRADING CURRENCY
NOTIONAL
AMOUNT ($)
VALUE AND
UNREALIZED
APPRECIATION
(DEPRECIATION) ($)
Long Contracts
 
 
 
 
 
MSCI Emerging Markets E-Mini Index
872
06/21/2024
USD
45,728
(51
)
 
Abbreviations
 
MSCI
Morgan Stanley Capital International
USD
United States Dollar
JPMorgan SmartRetirement® 2050 Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF March 31, 2024 (Unaudited) (continued)
(Dollar values in thousands)
A. Valuation of Investments— Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.
Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under SEC Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the “Valuation Designee” to perform fair valuation determinations for the 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.
Fixed income instruments are valued based on prices received from approved affiliated and unaffiliated pricing vendors or third party broker-dealers (collectively referred to as “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 Fund are calculated on a valuation date.
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.
Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.
The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.
•
Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.
•
Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.
•
Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).
A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.
The following table represents each valuation input as presented on the Schedule of Portfolio Investments: 
 
 
 
 
 
 
Level 1
Quoted prices
Level 2
Other significant
observable inputs
Level 3
Significant
unobservable inputs
Total
Investments in Securities
 
 
 
 
Exchange-Traded Funds
$845,149
$—
$—
$845,149
Investment Companies
1,753,792
—
—
1,753,792
JPMorgan SmartRetirement® 2050 Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF March 31, 2024 (Unaudited) (continued)
(Dollar values in thousands)
 
 
 
 
 
 
Level 1
Quoted prices
Level 2
Other significant
observable inputs
Level 3
Significant
unobservable inputs
Total
U.S. Treasury Obligations
$—
$2,253
$—
$2,253
Short-Term Investments
 
 
 
 
Investment Companies
41,476
—
—
41,476
Total Investments in Securities
$2,640,417
$2,253
$—
$2,642,670
Depreciation in Other Financial Instruments
 
 
 
 
Futures Contracts
$(51
)
$—
$—
$(51
)
B. Investment Transactions with Affiliates— The Fund invested in Underlying Funds and ETFs advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund 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 March 31, 2024
Security Description
Value at
June 30,
2023
Purchases at
Cost
Proceeds from
Sales
Net Realized
Gain (Loss)
Change in
Unrealized
Appreciation/
(Depreciation)
Value at
March 31,
2024
Shares at
March 31,
2024
Dividend
Income
Capital Gain
Distributions
JPMorgan ActiveBuilders Emerging Markets
Equity ETF  (a)
$72,391
$25,253
$11,095
$(789
)
$2,120
$87,880
2,398
$1,948
$—
JPMorgan BetaBuilders MSCI US REIT ETF  (a)
12,459
809
1,928
42
587
11,969
135
309
—
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
 (a)
89,021
21,660
20,307
230
15,442
106,046
1,147
906
—
(b)
JPMorgan BetaBuilders USD High Yield
Corporate Bond ETF  (a)
10,756
—
165
(22
)
401
10,970
237
540
—
JPMorgan Core Bond Fund Class R6 Shares  (a)
30,073
14,433
628
(82
)
81
43,877
4,306
950
—
JPMorgan Core Plus Bond Fund Class R6
Shares  (a)
90,390
42,178
1,022
(173
)
148
131,521
18,343
3,304
—
JPMorgan Emerging Markets Debt Fund
Class R6 Shares  (a)
9,022
4,796
7,601
(929
)
1,223
6,511
1,049
379
—
JPMorgan Emerging Markets Equity Fund
Class R6 Shares  (a)
28,996
1,399
5,870
(200
)
412
24,737
813
475
—
JPMorgan Emerging Markets Research
Enhanced Equity Fund Class R6 Shares  (a)
84,802
8,771
28,317
(1,981
)
3,155
66,430
4,188
2,427
—
JPMorgan Global Select Equity ETF  (a)
—
220,218
10,365
337
31,275
241,465
4,206
388
—
JPMorgan Growth Advantage Fund Class R6
Shares  (a) *
364,395
7,907
141,845
31,922
35,006
297,385
7,647
—
1,864
JPMorgan High Yield Fund Class R6 Shares  (a)
10,945
3,881
3,632
(153
)
597
11,638
1,810
568
—
JPMorgan International Equity Fund Class R6
Shares  (a)
236,013
5,921
67,788
(8,861
)
21,017
186,302
9,283
4,465
—
JPMorgan International Research Enhanced
Equity ETF  (a)
436,273
28,538
145,985
7,649
24,718
351,193
5,608
11,106
671
JPMorgan Realty Income ETF  (a)
36,727
2,445
4,960
(723
)
2,137
35,626
813
751
—
JPMorgan Small Cap Equity Fund Class R6
Shares  (a)
38,091
2,941
23,230
1,021
349
19,172
335
392
1,167
JPMorgan Small Cap Growth Fund Class R6
Shares  (a) *
19,623
1,889
5,574
(1,558
)
4,135
18,515
833
—
—
JPMorgan Small Cap Value Fund Class R6
Shares  (a)
18,743
1,713
4,163
74
2,584
18,951
666
242
26
JPMorgan U.S. Equity Fund Class R6 Shares  (a)
343,630
20,633
103,208
21,556
27,334
309,945
13,056
2,188
3,009
JPMorgan U.S. Government Money Market
Fund Class IM Shares, 5.25%  (a) (c)
43,535
482,625
484,684
—
—
41,476
41,476
1,475
—
JPMorgan SmartRetirement® 2050 Fund
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF March 31, 2024 (Unaudited) (continued)
(Dollar values in thousands)
 
For the period ended March 31, 2024
Security Description
Value at
June 30,
2023
Purchases at
Cost
Proceeds from
Sales
Net Realized
Gain (Loss)
Change in
Unrealized
Appreciation/
(Depreciation)
Value at
March 31,
2024
Shares at
March 31,
2024
Dividend
Income
Capital Gain
Distributions
JPMorgan U.S. Research Enhanced Equity Fund
Class R6 Shares  (a)
$342,141
$15,545
$98,891
$14,695
$40,801
$314,291
7,692
$2,922
$404
JPMorgan Value Advantage Fund Class R6
Shares  (a)
361,481
40,474
126,159
4,361
24,360
304,517
7,828
6,161
17,244
Total
$2,679,507
$954,029
$1,297,417
$66,416
$237,882
$2,640,417
 
$41,896
$24,385
 
 
(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)
Amount rounds to less than one thousand.
(c)
The rate shown is the current yield as of March 31, 2024.
*
Non-income producing security.