JPMorgan Funds - JPMorgan Institutional Trust Rule 10f-3 Transactions For the period from March 1, 2011 to August 31, 2011 The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Rule 10f-3 Procedures of the Funds: Fund JPMorgan Core Bond Trust Trade Date 3/7/2011 Issuer DIRECTV Holdings LLC and DIRECTV Financing Co. (DTV 5.00% March 1, 2021) Cusip 25459HBA Bonds 772,000 Offering Price $99.559 Spread 0.45% Cost $768,595 Dealer Executing Trade Credit Suisse Securities % of Offering purchased by firm 1.77% Syndicate Members Barclays Capital, Credit Suisse, Morgan Stanley, UBS Securities, BBVA Securities, Citigroup Global Markets, Credit Agricole, Deutsche Bank, Goldman Sachs, HSBC Securities, JPMorgan, Merrill Lynch Pierce fenner & Smith, Mitsubishi UFJ Securities, Mizuho Securities, Santander Investment Securities, US Bancorp Fund JPMorgan Intermediate Bond Trust Trade Date 3/7/2011 Issuer DIRECTV Holdings LLC and DIRECTV Financing Co. (DTV 5.00% March 1, 2021) Cusip 25459HBA Bonds 353,000 Offering Price $99.559 Spread 0.45% Cost $351,443 Dealer Executing Trade Credit Suisse Securities % of Offering purchased by firm 1.77% Syndicate Members Barclays Capital, Credit Suisse, Morgan Stanley, UBS Securities, BBVA Securities, Citigroup Global Markets, Credit Agricole, Deutsche Bank, Goldman Sachs, HSBC Securities, JPMorgan, Merrill Lynch Pierce fenner & Smith, Mitsubishi UFJ Securities, Mizuho Securities, Santander Investment Securities, US Bancorp Fund JPMorgan Core Bond Trust Trade Date 3/9/2011 Issuer CarMax Auto Owner Trust 2011-1 A3 (CARMX 2011-1 A3 1.29% September 15, 2015) Cusip 14313HAC Bonds 1,260,000 Offering Price $99.979 Spread 0.23% Cost $1,259,738 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 7.74% Syndicate Members Bank America Merrill Lynch, JPMorgan, Barclays Capital, RBC Capital Markets Fund JPMorgan Core Bond Trust Trade Date 3/9/2011 Issuer CarMax Auto Owner Trust 2011-1 A4 (CARMX 2011-1 A4 2.16% September 15, 2016) Cusip 14313HAD Bonds 885,000 Offering Price $99.975 Spread 0.31% Cost $884,778 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 20.60% Syndicate Members Bank America Merrill Lynch, JPMorgan, Barclays Capital, RBC Capital Markets Fund JPMorgan Core Bond Trust Trade Date 3/29/2011 Issuer Time Warner Inc. (TWX 4.75% March 29, 2021) Cusip 887317AK Bonds 525,000 Offering Price $98.943 Spread 0.45% Cost $519,451 Dealer Executing Trade Wells Fargo Advisors % of Offering purchased by firm 0.85% Syndicate Members Bank America Merrill Lynch, Barclays Capital, BNP Paribas, Citigroup Global Markets, Credit Suisse, Deutsche bank, JPMorgan, Morgan Stanley, RBS Securities, Wells Fargo, Bank of Tokyo-Mitusbishi UFJ Ltd, Bank of Nova Scotia, BNY Mellon, Credit Agricole, Goldman Sachs, Mizuho Securities, Muriel Siebert & Co, Santander Investment Securities, SMBC Securities, Svenska Handelsbanken, USB, Williams Capital Fund JPMorgan Core Bond Trust Trade Date 3/29/2011 Issuer Time Warner Inc. (TWX 4.75% March 29, 2041) Cusip 887317AL Bonds 437,000 Offering Price $98.707 Spread 0.88% Cost $431,350 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 1.76% Syndicate Members Bank America Merrill Lynch, Barclays Capital, BNP Paribas, Citigroup Global Markets, Credit Suisse, Deutsche bank, JPMorgan, Morgan Stanley, RBS Securities, Wells Fargo, Mitusbishi UFJ Securities, Scotia Capital, BNY Mellon, Credit Agricole, Goldman Sachs, Lloyds TSB, Mizuho Securities, Muriel Siebert & Co, Santander Investment Securities, SMBC Nikko Securities, Svenska Handelsbanken, USB, Williams Capital Fund JPMorgan Core Bond Trust Trade Date 5/9/2011 Issuer CVS Caremark Corporation (CVS 5.75% May 15, 2041) Cusip 126650BX Bonds 979,000 Offering Price $98.329 Spread 0.88% Cost $962,641 Dealer Executing Trade Barclays Capital Inc. % of Offering purchased by firm 0.91% Syndicate Members Barclays Capital, BNY Mellon, JPMorgan, Merrill Lynch Pierce Fenner & Smith, Wells Fargo, Deutsche bank, Morgan Stanley, RBS Securities,Stifel Nicolaus & Co, US Bancorp, Fifth Third Securities, KeyBanc Capital, Mizuho Securities, RBC Capital, Sumitomo Bank Ltd. Fund JPMorgan Core Bond Trust Trade Date 5/9/2011 Issuer ERAC USA Finance Company (ENTERP 4.50% August 16, 2021 144A) Cusip 26884TAD Bonds 559,000 Offering Price $99.536 Spread 0.65% Cost $556,406 Dealer Executing Trade Barclays Capital Inc. % of Offering purchased by firm 1.21% Syndicate Members Bank of Tokyo-Mitsubishi UFJ, Bank America Merrill Lynch, Barclays Capital, RBS Securities, Wells Fargo, Deutsche Bank, Goldman Sachs, JPMorgan, RBC Capital Fund JPMorgan Intermediate Bond Trust Trade Date 5/9/2011 Issuer ERAC USA Finance Company (ENTERP 4.50% August 16, 2021 144A) Cusip 26884TAD Bonds 27,000 Offering Price $99.536 Spread 0.65% Cost $26,875 Dealer Executing Trade Barclays Capital Inc. % of Offering purchased by firm 1.21% Syndicate Members Bank of Tokyo-Mitsubishi UFJ, Bank America Merrill Lynch, Barclays Capital, RBS Securities, Wells Fargo, Deutsche Bank, Goldman Sachs, JPMorgan, RBC Capital Fund JPMorgan Core Bond Trust Trade Date 5/11/2011 Issuer Hyundai Auto Receivables Trust 2011-B A3 (HART 2011-B A3 1.04% September 15, 2015) Cusip 44890EAC Bonds 734,000 Offering Price $99.978 Spread 0.23% Cost $733,842 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 2.91% Syndicate Members BankAmerica Merrill Lynch, HSBC Securities, Citigroup Global Markets, JPMorgan Fund JPMorgan Core Bond Trust Trade Date 5/11/2011 Issuer Hyundai Auto Receivables Trust 2011-B A4 (HART 2011-B A4 1.65% February 15, 2017) Cusip 44890EAD Bonds 824,000 Offering Price $99.980 Spread 0.29% Cost $823,834 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 9.02% Syndicate Members BankAmerica Merrill Lynch, HSBC Securities, Citigroup Global Markets, JPMorgan Fund JPMorgan Core Bond Trust Trade Date 5/13/2011 Issuer Xerox Corporation (XRX 4.50% May 15, 2021) Cusip 984121CD Bonds 270,000 Offering Price $99.246 Spread 0.65% Cost $267,964 Dealer Executing Trade Citigroup Global Markets % of Offering purchased by firm 0.97% Syndicate Members Citigroup Global Markets, Deutsche Bank Securities, JPMorgan, UBS Securities, Bank America Merrill Lynch, BNP Paribas, HSBC Securities Fund JPMorgan Core Bond Trust Trade Date 5/16/2011 Issuer Burlington North Santa Fe, LLC (BRK 5.40% June 1, 2041) Cusip 12189LAE Bonds 1,000,000 Offering Price $99.688 Spread 0.88% Cost $996,880 Dealer Executing Trade Citigroup Global Markets % of Offering purchased by firm 1.69% Syndicate Members Citigroup Global Markets, JPMorgan, Wells Fargo Securities Fund JPMorgan Core Bond Trust Trade Date 5/16/2011 Issuer Great Plains Energy Inc. (GXP 4.85% June 1, 2021) Cusip 391164AE Bonds 229,000 Offering Price $99.904 Spread 0.65% Cost $228,780 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 0.72% Syndicate Members Bank America Merrill Lynch, JPMorgan, Mitsubishi UFJ Securities, US Bancorp, Valdes & Moreno Fund JPMorgan Core Bond Trust Trade Date 5/16/2011 Issuer Texas Instruments Inc (TXN 1.375% May 15, 2014) Cusip 882508AQ Bonds 750,000 Offering Price $99.875 Spread 0.25% Cost $749,063 Dealer Executing Trade Morgan Stanley and Company % of Offering purchased by firm 5.54% Syndicate Members Citigroup Global Markets, JPMorgan, Merrill Lynch Pierce Fenner & Smith, Morgan Stanley, Barclays Capital BNP Paribas, Mitsubishi UFJ Securities, Mizuho Securities, Williams Capital Fund JPMorgan Core Bond Trust Trade Date 5/20/2011 Issuer CSX Corporation (CSX 5.50% April 15, 2041) Cusip 126408GU Bonds 575,000 Offering Price $99.326 Spread 0.88% Cost $571,125 Dealer Executing Trade Credit Suisse Securities % of Offering purchased by firm 2.37% Syndicate Members UBS Securities, Credit Suisse, Barclays Capital, Citigroup Global Markets, Deutsche Bank, JPMorgan, Morgan Stanley, Mitsubishi UFJ Securities, Mizuho Securities, Scotia Capital Fund JPMorgan Core Bond Trust Trade Date 5/20/2011 Issuer CSX Corporation (CSX 4.25% June 1, 2021) Cusip 126408GV Bonds 300,000 Offering Price $99.499 Spread 0.65% Cost $298,497 Dealer Executing Trade UBS Securities LLC % of Offering purchased by firm 0.81% Syndicate Members UBS Securities, Credit Suisse, Barclays Capital, Citigroup Global Markets, Deutsche Bank, JPMorgan, Morgan Stanley, Mitsubishi UFJ Securities, Mizuho Securities, Scotia Capital Fund JPMorgan Core Bond Trust Trade Date 5/24/2011 Issuer Aon Corporation (AON 3.125% May 27, 2016) Cusip 037389AY Bonds 402,000 Offering Price $99.959 Spread 0.50% Cost $401,835 Dealer Executing Trade Morgan Keegan & Company % of Offering purchased by firm 1.32% Syndicate Members Merrill Lynch Pierce Fenner & Smith, Morgan Stanley Goldman Sachs, Aon Benfield, Citigroup Global Markets, Credit Suisse, Deutsche Bank, JPMorgan, RBS Securities Fund JPMorgan Core Bond Trust Trade Date 5/25/2011 Issuer Hewlett-Packard Company (HPQ 4.30% June 1, 2021) Cusip 428236BM Bonds 600,000 Offering Price $99.799 Spread 0.45% Cost $598,794 Dealer Executing Trade RBS Securities Inc. % of Offering purchased by firm 1.72% Syndicate Members Deutsche Bank, JPMorgan, RBS Securities, Barclays Capital, BNP Paribas, Citigroup Global Markets, Credit Suisse, HSBC Securities, Merrill Lynch Pierce Fenner & Smith, Mitsubishi UFJ Securities, Morgan Stanley, Wells Fargo Fund JPMorgan Core Bond Trust Trade Date 6/9/2011 Issuer CenturyLink, Inc. (CTL 6.45% June 15, 2021) Cusip 156700AR Bonds 1,380,000 Offering Price $99.659 Spread 0.80% Cost $1,375,294 Dealer Executing Trade Barclays Capital Inc. % of Offering purchased by firm 1.22% Syndicate Members Bank America Merrill Lynch, Barclys Capital, JPMorgan, Wells Fargo Fund JPMorgan Core Bond Trust Trade Date 6/13/2011 Issuer Discovery Communications (DISCA 4.375% June 15, 2021) Cusip 25470DAE Bonds 1,016,000 Offering Price $99.377 Spread 0.65% Cost $1,009,670 Dealer Executing Trade Citigroup Global Markets % of Offering purchased by firm 1.67% Syndicate Members Bank America Merrill Lynch, Citigroup Global Markets, Credit Suisse Securities, JPMorgan, RBS Securities, BNP Paribas, Credit Agricole Securities, Goldman Sachs, Morgan Stanley, RBC Capital Markets, Scotia Capital, SunTrust Robinson Humphrey, Wells Fargo Fund JPMorgan Intermediate Bond Trust Trade Date 6/13/2011 Issuer Discovery Communications (DISCA 4.375% June 15, 2021) Cusip 25470DAE Bonds 78,000 Offering Price $99.377 Spread 0.65% Cost $77,514 Dealer Executing Trade Citigroup Global Markets % of Offering purchased by firm 1.67% Syndicate Members Bank America Merrill Lynch, Citigroup Global Markets, Credit Suisse Securities, JPMorgan, RBS Securities, BNP Paribas, Credit Agricole Securities, Goldman Sachs, Morgan Stanley, RBC Capital Markets, Scotia Capital, SunTrust Robinson Humphrey, Wells Fargo Fund JPMorgan Core Bond Trust Trade Date 6/14/2011 Issuer Fuel Trust Series 2011-2 (F 3.984% June 15, 2016 144A) Cusip 30277MAB Bonds 1,917,000 Offering Price $100.000 Spread 0.90% Cost $1,917,000 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 3.06% Syndicate Members Bank America Merrill Lynch, Barclays Capital, JPMorgan, RBS Securities Fund JPMorgan Core Bond Trust Trade Date 6/29/2011 Issuer Ford Credit Auto Lease Trust 2011-A A2 (FORDL 2011-A A2 0.74% September 15, 2013) Cusip 34529QAB Bonds 1,260,000 Offering Price $99.992 Spread 0.20% Cost $1,259,901 Dealer Executing Trade Deutsche Bank Securities % of Offering purchased by firm 4.31% Syndicate Members Deutshe Bank, JPMorgan, Commerzbank Securities Credit Agricole Securities Fund JPMorgan Core Bond Trust Trade Date 8/15/2011 Issuer Occidental Petroleum Corporation (OXY 1.75% February 15, 2017) Cusip 674599CB Bonds 402,000 Offering Price $99.046 Spread 0.35% Cost $398,165 Dealer Executing Trade Barclays Capital Inc. % of Offering purchased by firm 1.04% Syndicate Members Barclays Capital, Citigroup Global Markets, JPMorgan, Merrill Lynch Pierce Fenner & Smith, Wells Fargo, Banca IMI, Banco Bilbao Vizcaya Argentaria, BNP Paribas, BNY Mellon, Credit Suisse, Mitsubishi UFJ Securities, Mizuho Securities, RBS Securities, Scotia Capital, SG Americas Securities, Standard Chartered Bank, UBS Securities Fund JPMorgan Core Bond Trust Trade Date 8/22/2011 Issuer Arizona Public Service (PNW 5.05% September 1, 2041) Cusip 040555CM Bonds 467,000 Offering Price $99.326 Spread 0.88% Cost $463,852 Dealer Executing Trade Wells Fargo Advisors % of Offering purchased by firm 1.94% Syndicate Members Deutsche Bank, JPMorgan, UBS Securities, Wells Fargo, Samuel A Rameriz, SL Hare Capital, Williams Capital Group Fund JPMorgan Core Bond Trust Trade Date 8/31/2011 Issuer America Movil, S.A.B. de C.V. (AMXLMM 2.375% September 8, 2016) Cusip 02364WBC Bonds 640,000 Offering Price $99.188 Spread 0.20% Cost $634,803 Dealer Executing Trade BofA Merrill Lynch % of Offering purchased by firm 1.34% Syndicate Members JPMorgan, Bank America Merrill Lynch, Banca IMI, Banco Bilbao Vizcaya Argentaria