|
THE “UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS”
LIST (“the List”) IS TO BE USED FOR REPORTING PURPOSES
ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS
ADVERTISING OR SALES LITERATURE WITH THE GENERAL
PUBLIC. The list is submitted for the general information of the
shareholders of the Fund. It is not authorized for distribution to
prospective investors in the Fund unless preceded or accompanied by a
prospectus. The list has been created from the books and records of
the Fund. Holdings are available 60 days after the fund’s fiscal quarter,
using a trade date accounting convention, by contacting the appropriate
service center. The list is subject to change without notice. The list is
for informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
|
JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
|
J.P. Morgan Distribution Services, Inc., member FINRA.
|
|
© J.P. Morgan Chase & Co., 2023.
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — 85.1%
|
||
|
Angola — 0.3%
|
||
|
Republic of Angola
|
|
|
|
8.25%, 5/9/2028 (a)
|
219,000
|
193,815
|
|
8.75%, 4/14/2032 (a)
|
2,226,000
|
1,855,232
|
|
|
|
2,049,047
|
|
Azerbaijan — 0.3%
|
||
|
Republic of Azerbaijan
|
|
|
|
3.50%, 9/1/2032 (a)
|
2,351,000
|
1,957,207
|
|
3.50%, 9/1/2032 (b)
|
1,000
|
833
|
|
|
|
1,958,040
|
|
Bahrain — 4.1%
|
||
|
CBB International Sukuk Co. 5 SPC 5.62%, 2/12/2024 (a)
|
579,000
|
575,931
|
|
CBB International Sukuk Co. 7 SPC 6.88%, 10/5/2025 (a)
|
1,758,000
|
1,773,383
|
|
CBB International Sukuk Programme Co. SPC
|
|
|
|
6.25%, 11/14/2024 (a)
|
486,000
|
482,112
|
|
3.95%, 9/16/2027 (a)
|
1,615,000
|
1,492,099
|
|
CBB International Sukuk Programme Co. WLL 3.88%, 5/18/2029 (a)
|
678,000
|
598,335
|
|
Kingdom of Bahrain
|
|
|
|
7.00%, 1/26/2026 (a)
|
1,975,000
|
1,992,281
|
|
7.00%, 10/12/2028 (a)
|
2,527,000
|
2,583,857
|
|
7.00%, 10/12/2028 (b)
|
402,000
|
411,045
|
|
6.75%, 9/20/2029 (a)
|
3,403,000
|
3,398,746
|
|
7.38%, 5/14/2030 (a)
|
847,000
|
863,940
|
|
5.63%, 9/30/2031 (a)
|
3,406,000
|
3,112,232
|
|
5.45%, 9/16/2032 (a)
|
4,124,000
|
3,660,050
|
|
5.25%, 1/25/2033 (a)
|
3,782,000
|
3,261,975
|
|
5.63%, 5/18/2034 (a)
|
2,342,000
|
2,043,396
|
|
6.00%, 9/19/2044 (a)
|
1,453,000
|
1,142,421
|
|
|
|
27,391,803
|
|
Brazil — 5.7%
|
||
|
Federative Republic of Brazil
|
|
|
|
8.88%, 4/15/2024
|
107,000
|
107,801
|
|
4.25%, 1/7/2025
|
1,236,000
|
1,215,643
|
|
2.88%, 6/6/2025
|
2,939,000
|
2,813,417
|
|
6.00%, 4/7/2026
|
3,364,000
|
3,421,659
|
|
4.63%, 1/13/2028
|
1,673,000
|
1,636,194
|
|
4.50%, 5/30/2029
|
5,067,000
|
4,793,433
|
|
3.88%, 6/12/2030
|
5,473,000
|
4,879,344
|
|
3.75%, 9/12/2031 (c)
|
2,837,000
|
2,468,474
|
|
6.00%, 10/20/2033
|
4,698,000
|
4,564,107
|
|
8.25%, 1/20/2034
|
2,391,000
|
2,682,917
|
|
5.00%, 1/27/2045
|
2,012,000
|
1,544,209
|
|
5.63%, 2/21/2047
|
2,432,000
|
2,002,752
|
|
4.75%, 1/14/2050
|
7,939,000
|
5,716,080
|
|
|
|
37,846,030
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Chile — 2.0%
|
||
|
Republic of Chile
|
|
|
|
3.24%, 2/6/2028
|
1,507,000
|
1,405,278
|
|
2.45%, 1/31/2031
|
377,000
|
317,811
|
|
2.55%, 1/27/2032 (c)
|
1,908,000
|
1,581,732
|
|
2.55%, 7/27/2033
|
4,386,000
|
3,489,063
|
|
3.50%, 1/31/2034
|
500,000
|
428,000
|
|
4.95%, 1/5/2036
|
408,000
|
386,927
|
|
3.10%, 5/7/2041
|
4,583,000
|
3,272,262
|
|
3.86%, 6/21/2047 (c)
|
570,000
|
436,905
|
|
3.50%, 4/15/2053
|
272,000
|
189,312
|
|
3.25%, 9/21/2071
|
2,991,000
|
1,820,023
|
|
|
|
13,327,313
|
|
China — 1.3%
|
||
|
Export-Import Bank of China (The)
|
|
|
|
2.88%, 4/26/2026 (a)
|
875,000
|
836,299
|
|
3.88%, 5/16/2026 (a)
|
200,000
|
195,526
|
|
People's Republic of China
|
|
|
|
1.95%, 12/3/2024 (a)
|
1,020,000
|
986,697
|
|
0.55%, 10/21/2025 (a)
|
1,119,000
|
1,028,853
|
|
1.25%, 10/26/2026 (a)
|
2,693,000
|
2,444,167
|
|
2.63%, 11/2/2027 (a)
|
2,147,000
|
2,015,926
|
|
3.50%, 10/19/2028 (a)
|
776,000
|
748,964
|
|
1.75%, 10/26/2031 (a)
|
426,000
|
352,792
|
|
|
|
8,609,224
|
|
Colombia — 4.6%
|
||
|
Republic of Colombia
|
|
|
|
3.88%, 4/25/2027
|
827,000
|
768,266
|
|
4.50%, 3/15/2029
|
4,214,000
|
3,771,530
|
|
3.00%, 1/30/2030
|
4,775,000
|
3,822,387
|
|
3.13%, 4/15/2031
|
2,701,000
|
2,082,471
|
|
3.25%, 4/22/2032
|
4,262,000
|
3,199,697
|
|
8.00%, 4/20/2033
|
852,000
|
883,524
|
|
7.38%, 9/18/2037
|
5,194,000
|
5,007,016
|
|
6.13%, 1/18/2041
|
3,629,000
|
3,013,885
|
|
4.13%, 2/22/2042
|
3,267,000
|
2,124,367
|
|
5.63%, 2/26/2044
|
1,386,000
|
1,058,904
|
|
5.00%, 6/15/2045
|
2,748,000
|
1,937,340
|
|
5.20%, 5/15/2049
|
3,402,000
|
2,398,410
|
|
3.88%, 2/15/2061
|
636,000
|
353,616
|
|
|
|
30,421,413
|
|
Costa Rica — 1.3%
|
||
|
Republic of Costa Rica
|
|
|
|
6.13%, 2/19/2031 (a)
|
2,451,000
|
2,442,421
|
|
6.55%, 4/3/2034 (a)
|
623,000
|
626,224
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Costa Rica—continued
|
||
|
7.00%, 4/4/2044 (a)
|
2,702,000
|
2,696,596
|
|
7.16%, 3/12/2045 (a)
|
2,905,000
|
2,941,676
|
|
|
|
8,706,917
|
|
Dominican Republic — 4.6%
|
||
|
Dominican Republic Government Bond
|
|
|
|
5.50%, 1/27/2025 (a)
|
1,360,000
|
1,342,075
|
|
6.88%, 1/29/2026 (a)
|
2,215,000
|
2,222,154
|
|
5.95%, 1/25/2027 (a)
|
1,805,000
|
1,771,607
|
|
5.95%, 1/25/2027 (b)
|
198,000
|
194,337
|
|
6.00%, 7/19/2028 (a)
|
2,997,000
|
2,916,650
|
|
6.00%, 7/19/2028 (b)
|
208,000
|
202,424
|
|
4.50%, 1/30/2030 (a)
|
5,992,000
|
5,269,964
|
|
4.88%, 9/23/2032 (a)
|
2,469,000
|
2,124,105
|
|
6.00%, 2/22/2033 (a)
|
2,520,000
|
2,347,759
|
|
5.30%, 1/21/2041 (a)
|
3,943,000
|
3,164,257
|
|
7.45%, 4/30/2044 (b)
|
302,000
|
297,470
|
|
6.85%, 1/27/2045 (a)
|
1,586,000
|
1,465,464
|
|
6.85%, 1/27/2045 (b)
|
357,000
|
329,868
|
|
6.50%, 2/15/2048 (a)
|
249,000
|
220,739
|
|
6.40%, 6/5/2049 (b)
|
2,968,000
|
2,601,452
|
|
6.40%, 6/5/2049 (a)
|
510,000
|
447,015
|
|
6.40%, 6/5/2049 (a) (c)
|
1,008,000
|
883,512
|
|
5.88%, 1/30/2060 (a)
|
3,354,000
|
2,685,481
|
|
|
|
30,486,333
|
|
Guatemala — 0.5%
|
||
|
Republic of Guatemala
|
|
|
|
6.60%, 6/13/2036 (a) (c)
|
412,000
|
397,012
|
|
6.60%, 6/13/2036 (a)
|
600,000
|
578,172
|
|
6.13%, 6/1/2050 (a)
|
2,806,000
|
2,399,410
|
|
|
|
3,374,594
|
|
Hungary — 1.8%
|
||
|
Hungary Government Bond
|
|
|
|
6.13%, 5/22/2028 (a)
|
1,394,000
|
1,415,921
|
|
5.25%, 6/16/2029 (a)
|
3,693,000
|
3,607,599
|
|
2.13%, 9/22/2031 (a)
|
616,000
|
473,550
|
|
6.25%, 9/22/2032 (a)
|
500,000
|
510,000
|
|
7.63%, 3/29/2041
|
2,234,000
|
2,465,778
|
|
3.13%, 9/21/2051 (a)
|
1,884,000
|
1,146,885
|
|
6.75%, 9/25/2052 (a)
|
1,564,000
|
1,589,024
|
|
Magyar Export-Import Bank Zrt. 6.13%, 12/4/2027 (a)
|
964,000
|
956,770
|
|
|
|
12,165,527
|
|
India — 0.6%
|
||
|
Export-Import Bank of India
|
|
|
|
3.88%, 2/1/2028 (a)
|
200,000
|
188,064
|
|
3.25%, 1/15/2030 (a)
|
200,000
|
175,424
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
India—continued
|
||
|
2.25%, 1/13/2031 (a)
|
2,538,000
|
2,035,349
|
|
5.50%, 1/18/2033 (a)
|
1,273,000
|
1,257,189
|
|
|
|
3,656,026
|
|
Indonesia — 3.5%
|
||
|
Perusahaan Penerbit SBSN Indonesia III
|
|
|
|
4.35%, 9/10/2024 (a)
|
666,000
|
661,564
|
|
4.33%, 5/28/2025 (a)
|
578,000
|
570,885
|
|
4.55%, 3/29/2026 (a)
|
1,013,000
|
1,000,449
|
|
4.15%, 3/29/2027 (a)
|
1,660,000
|
1,618,683
|
|
4.45%, 2/20/2029 (a)
|
465,000
|
453,682
|
|
2.80%, 6/23/2030 (a)
|
981,000
|
856,178
|
|
2.55%, 6/9/2031 (a)
|
600,000
|
502,314
|
|
Republic of Indonesia
|
|
|
|
3.85%, 7/18/2027 (a)
|
324,000
|
311,076
|
|
3.50%, 1/11/2028
|
3,780,000
|
3,553,616
|
|
4.55%, 1/11/2028
|
200,000
|
196,272
|
|
4.10%, 4/24/2028
|
2,014,000
|
1,936,179
|
|
4.75%, 2/11/2029
|
200,000
|
196,772
|
|
4.65%, 9/20/2032
|
2,050,000
|
1,965,663
|
|
4.85%, 1/11/2033 (c)
|
1,850,000
|
1,810,891
|
|
6.63%, 2/17/2037 (a)
|
1,007,000
|
1,120,398
|
|
6.63%, 2/17/2037 (b)
|
145,000
|
161,328
|
|
7.75%, 1/17/2038 (a)
|
853,000
|
1,040,754
|
|
6.75%, 1/15/2044 (a) (c)
|
941,000
|
1,068,138
|
|
4.20%, 10/15/2050 (c)
|
3,468,000
|
2,831,136
|
|
3.05%, 3/12/2051
|
1,945,000
|
1,340,494
|
|
|
|
23,196,472
|
|
Iraq — 0.4%
|
||
|
Republic of Iraq 5.80%, 1/15/2028 (a)
|
3,067,312
|
2,818,093
|
|
Ivory Coast — 0.3%
|
||
|
Republic of Cote d'Ivoire
|
|
|
|
6.13%, 6/15/2033 (a)
|
1,489,000
|
1,314,042
|
|
6.13%, 6/15/2033 (b)
|
415,000
|
366,238
|
|
|
|
1,680,280
|
|
Jamaica — 1.2%
|
||
|
Jamaica Government Bond
|
|
|
|
6.75%, 4/28/2028
|
2,368,000
|
2,501,792
|
|
7.88%, 7/28/2045
|
4,740,000
|
5,545,800
|
|
|
|
8,047,592
|
|
Jordan — 1.3%
|
||
|
Hashemite Kingdom of Jordan
|
|
|
|
6.13%, 1/29/2026 (b)
|
346,000
|
339,080
|
|
5.75%, 1/31/2027 (a)
|
2,771,000
|
2,653,232
|
|
7.50%, 1/13/2029 (a)
|
959,000
|
949,410
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Jordan—continued
|
||
|
5.85%, 7/7/2030 (a)
|
3,040,000
|
2,762,600
|
|
7.38%, 10/10/2047 (a)
|
1,777,000
|
1,537,105
|
|
|
|
8,241,427
|
|
Kazakhstan — 0.6%
|
||
|
Republic of Kazakhstan
|
|
|
|
3.88%, 10/14/2024 (b)
|
350,000
|
346,521
|
|
3.88%, 10/14/2024 (a)
|
954,000
|
944,517
|
|
5.13%, 7/21/2025 (a)
|
307,000
|
308,388
|
|
4.88%, 10/14/2044 (a)
|
993,000
|
872,351
|
|
6.50%, 7/21/2045 (a)
|
1,451,000
|
1,521,373
|
|
|
|
3,993,150
|
|
Kuwait — 0.6%
|
||
|
State of Kuwait 3.50%, 3/20/2027 (a)
|
4,202,000
|
4,044,425
|
|
Malaysia — 0.3%
|
||
|
Malaysia Sovereign Sukuk Bhd. 3.04%, 4/22/2025 (a)
|
1,562,000
|
1,520,763
|
|
Malaysia Sukuk Global Bhd. 3.18%, 4/27/2026 (a)
|
350,000
|
336,574
|
|
|
|
1,857,337
|
|
Mexico — 4.5%
|
||
|
United Mexican States
|
|
|
|
4.13%, 1/21/2026
|
261,000
|
256,824
|
|
4.15%, 3/28/2027
|
1,745,000
|
1,697,885
|
|
3.75%, 1/11/2028
|
3,644,000
|
3,443,580
|
|
4.50%, 4/22/2029
|
1,277,000
|
1,224,643
|
|
2.66%, 5/24/2031
|
3,809,000
|
3,111,953
|
|
4.75%, 4/27/2032
|
1,000,000
|
930,000
|
|
3.50%, 2/12/2034
|
5,210,000
|
4,235,730
|
|
6.35%, 2/9/2035
|
766,000
|
772,511
|
|
6.05%, 1/11/2040
|
848,000
|
812,808
|
|
4.75%, 3/8/2044
|
2,268,000
|
1,828,462
|
|
5.55%, 1/21/2045 (c)
|
400,000
|
360,200
|
|
4.60%, 1/23/2046
|
3,869,000
|
3,019,755
|
|
4.40%, 2/12/2052
|
4,297,000
|
3,169,037
|
|
6.34%, 5/4/2053
|
1,576,000
|
1,498,776
|
|
3.77%, 5/24/2061
|
1,000,000
|
631,000
|
|
3.75%, 4/19/2071
|
4,018,000
|
2,491,160
|
|
5.75%, 10/12/2110
|
122,000
|
101,382
|
|
|
|
29,585,706
|
|
Morocco — 1.1%
|
||
|
Kingdom of Morocco
|
|
|
|
5.95%, 3/8/2028 (a)
|
1,410,000
|
1,413,525
|
|
3.00%, 12/15/2032 (a)
|
4,372,000
|
3,432,020
|
|
6.50%, 9/8/2033 (a)
|
1,518,000
|
1,535,078
|
|
4.00%, 12/15/2050 (a)
|
1,364,000
|
903,650
|
|
|
|
7,284,273
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Nigeria — 3.0%
|
||
|
Federal Republic of Nigeria
|
|
|
|
7.63%, 11/21/2025 (a)
|
2,000,000
|
1,950,000
|
|
6.50%, 11/28/2027 (a)
|
1,756,000
|
1,554,060
|
|
6.13%, 9/28/2028 (a)
|
1,000,000
|
847,500
|
|
8.38%, 3/24/2029 (a)
|
2,200,000
|
2,018,500
|
|
7.14%, 2/23/2030 (a)
|
1,000,000
|
851,250
|
|
8.75%, 1/21/2031 (a)
|
2,168,000
|
1,951,200
|
|
7.88%, 2/16/2032 (a)
|
2,200,000
|
1,856,250
|
|
7.38%, 9/28/2033 (a)
|
6,528,000
|
5,169,360
|
|
7.63%, 11/28/2047 (a)
|
3,717,000
|
2,690,179
|
|
8.25%, 9/28/2051 (a)
|
1,434,000
|
1,080,877
|
|
|
|
19,969,176
|
|
Oman — 5.2%
|
||
|
Oman Sovereign Sukuk SAOC
|
|
|
|
5.93%, 10/31/2025 (a)
|
1,504,000
|
1,506,843
|
|
4.88%, 6/15/2030 (a)
|
3,092,000
|
2,974,690
|
|
Sultanate of Oman Government Bond
|
|
|
|
4.75%, 6/15/2026 (a)
|
4,694,000
|
4,570,782
|
|
6.75%, 10/28/2027 (a)
|
2,433,000
|
2,531,841
|
|
5.63%, 1/17/2028 (a)
|
3,587,000
|
3,582,875
|
|
6.00%, 8/1/2029 (a)
|
3,514,000
|
3,559,243
|
|
6.00%, 8/1/2029 (b)
|
221,000
|
223,845
|
|
6.25%, 1/25/2031 (a)
|
4,205,000
|
4,306,446
|
|
7.38%, 10/28/2032 (a)
|
3,046,000
|
3,353,113
|
|
6.50%, 3/8/2047 (a)
|
2,183,000
|
2,090,222
|
|
6.50%, 3/8/2047 (b)
|
1,016,000
|
972,820
|
|
6.75%, 1/17/2048 (a)
|
2,560,000
|
2,488,832
|
|
7.00%, 1/25/2051 (a)
|
2,393,000
|
2,407,956
|
|
|
|
34,569,508
|
|
Panama — 2.1%
|
||
|
Republic of Panama
|
|
|
|
3.88%, 3/17/2028
|
500,000
|
450,500
|
|
3.16%, 1/23/2030
|
2,322,000
|
1,900,325
|
|
2.25%, 9/29/2032
|
4,038,000
|
2,824,298
|
|
3.30%, 1/19/2033 (c)
|
500,000
|
378,400
|
|
6.70%, 1/26/2036
|
2,488,000
|
2,364,073
|
|
4.30%, 4/29/2053
|
1,402,000
|
869,661
|
|
6.85%, 3/28/2054 (c)
|
500,000
|
441,750
|
|
3.87%, 7/23/2060
|
4,466,000
|
2,506,542
|
|
4.50%, 1/19/2063
|
3,243,000
|
1,999,309
|
|
|
|
13,734,858
|
|
Paraguay — 0.7%
|
||
|
Republic of Paraguay
|
|
|
|
4.95%, 4/28/2031 (a)
|
444,000
|
418,701
|
|
4.95%, 4/28/2031 (a) (c)
|
493,000
|
464,909
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Paraguay—continued
|
||
|
6.10%, 8/11/2044 (a)
|
3,850,000
|
3,515,936
|
|
5.40%, 3/30/2050 (a)
|
315,000
|
257,509
|
|
|
|
4,657,055
|
|
Peru — 2.2%
|
||
|
Republic of Peru
|
|
|
|
4.13%, 8/25/2027 (c)
|
545,000
|
522,998
|
|
2.78%, 1/23/2031
|
2,050,000
|
1,726,100
|
|
1.86%, 12/1/2032
|
4,637,000
|
3,480,069
|
|
8.75%, 11/21/2033
|
1,166,000
|
1,416,690
|
|
3.00%, 1/15/2034
|
920,000
|
738,760
|
|
6.55%, 3/14/2037
|
593,000
|
632,731
|
|
3.30%, 3/11/2041
|
3,118,000
|
2,270,527
|
|
5.63%, 11/18/2050
|
117,000
|
113,081
|
|
2.78%, 12/1/2060
|
2,766,000
|
1,591,833
|
|
3.23%, 7/28/2121
|
3,651,000
|
2,099,252
|
|
|
|
14,592,041
|
|
Philippines — 3.0%
|
||
|
Republic of Philippines
|
|
|
|
10.63%, 3/16/2025
|
1,373,000
|
1,460,172
|
|
5.50%, 3/30/2026
|
2,719,000
|
2,740,453
|
|
3.00%, 2/1/2028
|
1,360,000
|
1,258,585
|
|
3.75%, 1/14/2029
|
1,466,000
|
1,382,599
|
|
9.50%, 2/2/2030
|
813,000
|
996,015
|
|
2.46%, 5/5/2030
|
1,348,000
|
1,154,373
|
|
6.38%, 1/15/2032
|
200,000
|
216,772
|
|
5.00%, 7/17/2033
|
500,000
|
494,190
|
|
6.38%, 10/23/2034
|
396,000
|
429,704
|
|
5.00%, 1/13/2037
|
1,806,000
|
1,758,791
|
|
3.95%, 1/20/2040
|
701,000
|
588,917
|
|
3.70%, 3/1/2041
|
2,731,000
|
2,171,445
|
|
3.70%, 2/2/2042
|
2,592,000
|
2,041,485
|
|
2.65%, 12/10/2045
|
4,781,000
|
3,084,271
|
|
5.50%, 1/17/2048 (c)
|
300,000
|
295,158
|
|
|
|
20,072,930
|
|
Poland — 1.3%
|
||
|
Republic of Poland
|
|
|
|
3.25%, 4/6/2026
|
3,824,000
|
3,664,922
|
|
5.50%, 11/16/2027
|
497,000
|
508,043
|
|
5.75%, 11/16/2032
|
876,000
|
907,887
|
|
4.88%, 10/4/2033
|
500,000
|
483,875
|
|
5.50%, 4/4/2053
|
3,193,000
|
3,065,631
|
|
|
|
8,630,358
|
|
Qatar — 2.8%
|
||
|
State of Qatar
|
|
|
|
3.40%, 4/16/2025 (a)
|
4,025,000
|
3,916,325
|
|
3.25%, 6/2/2026 (a)
|
1,286,000
|
1,236,167
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Qatar—continued
|
||
|
4.50%, 4/23/2028 (a)
|
1,028,000
|
1,020,290
|
|
4.00%, 3/14/2029 (a)
|
1,773,000
|
1,717,594
|
|
3.75%, 4/16/2030 (a)
|
500,000
|
473,750
|
|
9.75%, 6/15/2030 (a)
|
211,000
|
269,289
|
|
6.40%, 1/20/2040 (a)
|
1,578,000
|
1,731,737
|
|
4.63%, 6/2/2046 (a)
|
500,000
|
437,812
|
|
4.63%, 6/2/2046 (b)
|
276,000
|
241,673
|
|
5.10%, 4/23/2048 (a)
|
813,000
|
751,517
|
|
4.82%, 3/14/2049 (a)
|
2,187,000
|
1,945,172
|
|
4.40%, 4/16/2050 (a)
|
5,984,000
|
5,013,694
|
|
|
|
18,755,020
|
|
Romania — 1.7%
|
||
|
Romania Government Bond
|
|
|
|
3.00%, 2/27/2027 (a)
|
3,170,000
|
2,892,625
|
|
5.25%, 11/25/2027 (a)
|
540,000
|
526,500
|
|
6.63%, 2/17/2028 (a)
|
422,000
|
429,913
|
|
3.63%, 3/27/2032 (a)
|
726,000
|
601,672
|
|
6.00%, 5/25/2034 (a)
|
434,000
|
416,640
|
|
6.13%, 1/22/2044 (a) (c)
|
4,136,000
|
3,799,950
|
|
5.13%, 6/15/2048 (a)
|
1,392,000
|
1,107,475
|
|
4.00%, 2/14/2051 (a)
|
888,000
|
588,300
|
|
7.63%, 1/17/2053 (a)
|
732,000
|
766,953
|
|
|
|
11,130,028
|
|
Saudi Arabia — 4.4%
|
||
|
Kingdom of Saudi Arabia
|
|
|
|
4.00%, 4/17/2025 (a)
|
3,159,000
|
3,095,820
|
|
3.25%, 10/26/2026 (a)
|
1,206,000
|
1,147,207
|
|
2.50%, 2/3/2027 (a)
|
4,048,000
|
3,744,400
|
|
4.75%, 1/18/2028 (a)
|
500,000
|
495,625
|
|
3.63%, 3/4/2028 (a)
|
4,520,000
|
4,288,350
|
|
4.38%, 4/16/2029 (a)
|
2,037,000
|
1,975,890
|
|
4.50%, 4/17/2030 (b)
|
282,000
|
273,187
|
|
4.50%, 4/17/2030 (a)
|
500,000
|
484,375
|
|
2.25%, 2/2/2033 (a)
|
3,023,000
|
2,391,949
|
|
4.50%, 10/26/2046 (a)
|
6,463,000
|
5,235,030
|
|
4.63%, 10/4/2047 (a)
|
2,167,000
|
1,782,357
|
|
4.63%, 10/4/2047 (b)
|
247,000
|
203,158
|
|
5.00%, 4/17/2049 (a)
|
500,000
|
433,125
|
|
5.25%, 1/16/2050 (a)
|
1,858,000
|
1,664,652
|
|
3.75%, 1/21/2055 (a)
|
899,000
|
615,815
|
|
3.45%, 2/2/2061 (a)
|
572,000
|
360,360
|
|
KSA Sukuk Ltd.
|
|
|
|
3.63%, 4/20/2027 (a)
|
213,000
|
204,214
|
|
4.30%, 1/19/2029 (a)
|
243,000
|
237,229
|
|
2.25%, 5/17/2031 (a)
|
861,000
|
710,325
|
|
|
|
29,343,068
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Senegal — 0.4%
|
||
|
Republic of Senegal
|
|
|
|
6.25%, 5/23/2033 (a)
|
631,000
|
522,941
|
|
6.75%, 3/13/2048 (a)
|
2,500,000
|
1,756,250
|
|
|
|
2,279,191
|
|
Serbia — 0.5%
|
||
|
Republic of Serbia
|
|
|
|
2.13%, 12/1/2030 (a)
|
468,000
|
358,605
|
|
6.50%, 9/26/2033 (a)
|
2,929,000
|
2,888,726
|
|
|
|
3,247,331
|
|
South Africa — 4.2%
|
||
|
Republic of South Africa
|
|
|
|
5.88%, 9/16/2025
|
3,952,000
|
3,942,120
|
|
4.88%, 4/14/2026
|
1,993,000
|
1,929,473
|
|
4.85%, 9/27/2027
|
2,149,000
|
2,046,923
|
|
4.30%, 10/12/2028
|
2,569,000
|
2,312,100
|
|
4.85%, 9/30/2029
|
7,669,000
|
6,854,169
|
|
5.88%, 6/22/2030
|
693,000
|
642,965
|
|
5.38%, 7/24/2044
|
200,000
|
144,000
|
|
5.00%, 10/12/2046
|
635,000
|
423,863
|
|
5.65%, 9/27/2047
|
5,622,000
|
4,054,867
|
|
5.75%, 9/30/2049
|
2,354,000
|
1,706,650
|
|
7.30%, 4/20/2052
|
4,562,000
|
3,934,725
|
|
|
|
27,991,855
|
|
Trinidad And Tobago — 0.4%
|
||
|
Republic of Trinidad and Tobago 4.50%, 8/4/2026 (a)
|
2,305,000
|
2,233,545
|
|
Turkey — 8.0%
|
||
|
Hazine Mustesarligi Varlik Kiralama A/S
|
|
|
|
4.49%, 11/25/2024 (b)
|
1,000
|
976
|
|
9.76%, 11/13/2025 (a)
|
817,000
|
853,765
|
|
5.13%, 6/22/2026 (a)
|
2,390,000
|
2,268,230
|
|
7.25%, 2/24/2027 (a)
|
4,726,000
|
4,684,647
|
|
Republic of Turkey
|
|
|
|
7.38%, 2/5/2025 (c)
|
3,526,000
|
3,561,260
|
|
6.38%, 10/14/2025
|
252,000
|
248,850
|
|
4.75%, 1/26/2026
|
4,696,000
|
4,467,070
|
|
4.25%, 4/14/2026
|
2,769,000
|
2,592,476
|
|
4.88%, 10/9/2026
|
2,614,000
|
2,453,108
|
|
6.00%, 3/25/2027
|
2,828,000
|
2,711,345
|
|
5.13%, 2/17/2028
|
3,356,000
|
3,074,935
|
|
6.13%, 10/24/2028
|
1,791,000
|
1,685,779
|
|
9.38%, 3/14/2029
|
322,000
|
340,918
|
|
7.63%, 4/26/2029
|
1,452,000
|
1,433,850
|
|
11.88%, 1/15/2030
|
245,000
|
293,081
|
|
9.13%, 7/13/2030
|
625,000
|
653,906
|
|
5.95%, 1/15/2031
|
5,289,000
|
4,680,765
|
|
5.88%, 6/26/2031
|
3,726,000
|
3,264,908
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Foreign Government Securities — continued
|
||
|
Turkey—continued
|
||
|
9.38%, 1/19/2033
|
2,137,000
|
2,270,563
|
|
6.50%, 9/20/2033
|
2,664,000
|
2,370,960
|
|
8.00%, 2/14/2034
|
113,000
|
112,011
|
|
6.88%, 3/17/2036
|
704,000
|
621,280
|
|
6.75%, 5/30/2040
|
1,386,000
|
1,160,775
|
|
6.00%, 1/14/2041
|
3,184,000
|
2,443,720
|
|
5.75%, 5/11/2047
|
6,541,000
|
4,619,581
|
|
|
|
52,868,759
|
|
United Arab Emirates — 2.6%
|
||
|
Sharjah Sukuk Program Ltd.
|
|
|
|
4.23%, 3/14/2028 (a)
|
700,000
|
658,000
|
|
3.23%, 10/23/2029 (a)
|
438,000
|
383,250
|
|
United Arab Emirates Government Bond
|
|
|
|
2.50%, 4/16/2025 (a)
|
3,098,000
|
2,977,952
|
|
3.13%, 5/3/2026 (a)
|
201,000
|
192,583
|
|
3.13%, 10/11/2027 (a)
|
1,975,000
|
1,862,672
|
|
1.63%, 6/2/2028 (a)
|
2,942,000
|
2,574,250
|
|
2.50%, 9/30/2029 (a)
|
558,000
|
496,620
|
|
1.88%, 9/15/2031 (a)
|
234,000
|
191,295
|
|
2.00%, 10/19/2031 (a)
|
1,002,000
|
821,640
|
|
4.05%, 7/7/2032 (a)
|
201,000
|
191,453
|
|
6.50%, 11/23/2032 (a)
|
400,000
|
403,500
|
|
2.88%, 10/19/2041 (a)
|
319,000
|
226,091
|
|
5.25%, 1/30/2043 (a)
|
700,000
|
637,000
|
|
3.13%, 9/30/2049 (a)
|
1,804,000
|
1,214,092
|
|
3.13%, 9/30/2049 (b)
|
265,000
|
178,345
|
|
3.88%, 4/16/2050 (a)
|
568,000
|
437,360
|
|
4.00%, 7/28/2050 (a)
|
481,000
|
298,220
|
|
3.90%, 9/9/2050 (a)
|
430,000
|
304,897
|
|
3.00%, 9/15/2051 (a)
|
211,000
|
137,414
|
|
4.95%, 7/7/2052 (a)
|
831,000
|
761,404
|
|
3.25%, 10/19/2061 (a)
|
765,000
|
502,987
|
|
2.70%, 9/2/2070 (a)
|
3,448,000
|
1,961,050
|
|
|
|
17,412,075
|
|
Uruguay — 1.7%
|
||
|
Oriental Republic of Uruguay
|
|
|
|
4.38%, 10/27/2027
|
1,874,000
|
1,874,037
|
|
4.38%, 1/23/2031 (c)
|
3,021,000
|
2,928,286
|
|
7.63%, 3/21/2036
|
280,000
|
333,480
|
|
5.10%, 6/18/2050
|
3,402,000
|
3,189,375
|
|
4.98%, 4/20/2055
|
3,374,000
|
3,068,079
|
|
|
|
11,393,257
|
|
Total Foreign Government Securities
(Cost $569,252,166)
|
|
563,621,077
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Corporate Bonds — 13.1%
|
||
|
Azerbaijan — 0.4%
|
||
|
Southern Gas Corridor CJSC 6.88%, 3/24/2026 (a)
|
2,749,000
|
2,762,745
|
|
Bahrain — 0.3%
|
||
|
Oil and Gas Holding Co. BSCC (The)
|
|
|
|
7.50%, 10/25/2027 (b)
|
203,000
|
210,295
|
|
7.50%, 10/25/2027 (a)
|
1,910,000
|
1,978,641
|
|
|
|
2,188,936
|
|
Chile — 0.8%
|
||
|
Corp. Nacional del Cobre de Chile
|
|
|
|
3.00%, 9/30/2029 (a)
|
2,085,000
|
1,798,751
|
|
4.50%, 8/1/2047 (a)
|
1,350,000
|
1,016,172
|
|
4.38%, 2/5/2049 (a)
|
617,000
|
459,973
|
|
3.70%, 1/30/2050 (a)
|
1,810,000
|
1,196,410
|
|
Empresa de Transporte de Pasajeros Metro SA 4.70%, 5/7/2050 (a)
|
683,000
|
521,696
|
|
|
|
4,993,002
|
|
China — 1.8%
|
||
|
China Development Bank 1.00%, 10/27/2025 (a)
|
1,290,000
|
1,191,831
|
|
CNAC HK Finbridge Co. Ltd. 4.13%, 7/19/2027 (a)
|
200,000
|
189,938
|
|
Minmetals Bounteous Finance BVI Ltd. (US Treasury Yield Curve Rate T Note Constant
Maturity 5 Year + 5.21%), 3.38%,
9/3/2024 (a) (d) (e) (f)
|
939,000
|
920,905
|
|
Sinopec Group Overseas Development 2012 Ltd. 4.88%, 5/17/2042 (a)
|
570,000
|
533,970
|
|
Sinopec Group Overseas Development 2017 Ltd. 3.63%, 4/12/2027 (b)
|
200,000
|
191,836
|
|
Sinopec Group Overseas Development 2018 Ltd.
|
|
|
|
2.15%, 5/13/2025 (a)
|
1,913,000
|
1,824,428
|
|
2.95%, 11/12/2029 (a)
|
805,000
|
729,572
|
|
2.70%, 5/13/2030 (a)
|
1,608,000
|
1,418,288
|
|
2.30%, 1/8/2031 (a)
|
1,148,000
|
973,125
|
|
SPIC MTN Co. Ltd. 1.63%, 7/27/2025 (a)
|
1,276,000
|
1,197,909
|
|
State Grid Overseas Investment BVI Ltd.
|
|
|
|
3.50%, 5/4/2027 (b)
|
2,000
|
1,914
|
|
3.50%, 5/4/2027 (a)
|
2,549,000
|
2,438,781
|
|
1.63%, 8/5/2030 (a)
|
341,000
|
278,379
|
|
|
|
11,890,876
|
|
Hong Kong — 0.2%
|
||
|
China Life Insurance Overseas Co. Ltd. (US Treasury Yield Curve Rate T Note Constant
Maturity 5 Year + 1.23%), 5.35%,
8/15/2033 (a) (f)
|
1,646,000
|
1,630,774
|
|
Hungary — 0.2%
|
||
|
MFB Magyar Fejlesztesi Bank Zrt. 6.50%, 6/29/2028 (a)
|
1,082,000
|
1,085,381
|
|
Indonesia — 0.7%
|
||
|
Indonesia Asahan Aluminium PT 4.75%, 5/15/2025 (a)
|
343,000
|
336,140
|
|
Pelabuhan Indonesia Persero PT 4.25%, 5/5/2025 (a)
|
1,053,000
|
1,028,834
|
|
Pertamina Persero PT
|
|
|
|
5.63%, 5/20/2043 (a)
|
600,000
|
555,066
|
|
6.45%, 5/30/2044 (a)
|
497,000
|
498,919
|
|
4.18%, 1/21/2050 (a)
|
1,266,000
|
943,309
|
|
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara
|
|
|
|
4.13%, 5/15/2027 (a)
|
200,000
|
191,772
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Corporate Bonds — continued
|
||
|
Indonesia — continued
|
||
|
5.45%, 5/21/2028 (a)
|
253,000
|
252,079
|
|
5.25%, 10/24/2042 (a)
|
472,000
|
408,332
|
|
6.15%, 5/21/2048 (a)
|
262,000
|
246,309
|
|
4.00%, 6/30/2050 (a)
|
583,000
|
404,520
|
|
|
|
4,865,280
|
|
Malaysia — 1.5%
|
||
|
Petronas Capital Ltd.
|
|
|
|
3.50%, 3/18/2025 (a)
|
1,338,000
|
1,306,262
|
|
3.50%, 4/21/2030 (a)
|
1,751,000
|
1,589,733
|
|
2.48%, 1/28/2032 (a)
|
4,593,000
|
3,762,172
|
|
3.40%, 4/28/2061 (a)
|
245,000
|
160,309
|
|
3.40%, 4/28/2061 (a) (c)
|
4,640,000
|
3,004,400
|
|
|
|
9,822,876
|
|
Mexico — 3.4%
|
||
|
Banco Nacional de Comercio Exterior SNC 4.38%, 10/14/2025 (a)
|
1,004,000
|
972,193
|
|
Comision Federal de Electricidad 4.69%, 5/15/2029 (a)
|
200,000
|
181,402
|
|
Mexico City Airport Trust 5.50%, 7/31/2047 (a)
|
1,171,000
|
911,542
|
|
Petroleos Mexicanos
|
|
|
|
4.50%, 1/23/2026
|
2,457,000
|
2,236,091
|
|
6.88%, 8/4/2026 (c)
|
710,000
|
667,152
|
|
6.50%, 1/23/2029
|
595,000
|
497,123
|
|
8.75%, 6/2/2029
|
2,827,000
|
2,579,637
|
|
6.84%, 1/23/2030
|
851,000
|
685,906
|
|
6.70%, 2/16/2032
|
4,767,000
|
3,704,388
|
|
10.00%, 2/7/2033 (c)
|
893,000
|
827,990
|
|
6.63%, 6/15/2035
|
2,230,000
|
1,553,752
|
|
6.50%, 6/2/2041
|
6,168,000
|
3,867,644
|
|
6.38%, 1/23/2045
|
1,523,000
|
906,033
|
|
6.75%, 9/21/2047
|
3,177,000
|
1,937,652
|
|
6.35%, 2/12/2048
|
941,000
|
554,616
|
|
7.69%, 1/23/2050
|
1,000,000
|
661,900
|
|
|
|
22,745,021
|
|
Oman — 0.2%
|
||
|
EDO Sukuk Ltd. 5.88%, 9/21/2033 (b)
|
1,166,000
|
1,168,915
|
|
Panama — 0.2%
|
||
|
Aeropuerto Internacional de Tocumen SA 5.13%, 8/11/2061 (a) (c)
|
1,082,000
|
755,734
|
|
Banco Nacional de Panama 2.50%, 8/11/2030 (a)
|
801,000
|
586,220
|
|
|
|
1,341,954
|
|
Peru — 0.3%
|
||
|
Petroleos del Peru SA
|
|
|
|
4.75%, 6/19/2032 (a)
|
1,113,000
|
774,347
|
|
5.63%, 6/19/2047 (a)
|
1,612,000
|
952,531
|
|
|
|
1,726,878
|
|
Philippines — 0.0% ^
|
||
|
Power Sector Assets & Liabilities Management Corp. 7.39%, 12/2/2024 (a)
|
296,000
|
300,473
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT($)
|
VALUE($)
|
|
Corporate Bonds — continued
|
||
|
Poland — 0.3%
|
||
|
Bank Gospodarstwa Krajowego 5.38%, 5/22/2033 (a)
|
1,833,000
|
1,785,571
|
|
Qatar — 0.6%
|
||
|
QatarEnergy
|
|
|
|
2.25%, 7/12/2031 (a)
|
400,000
|
327,000
|
|
3.30%, 7/12/2051 (a)
|
300,000
|
199,717
|
|
QatarEnergy Trading LLC 3.13%, 7/12/2041 (a)
|
5,219,000
|
3,731,585
|
|
|
|
4,258,302
|
|
Saudi Arabia — 0.3%
|
||
|
Gaci First Investment Co.
|
|
|
|
5.00%, 10/13/2027 (a)
|
500,000
|
496,250
|
|
4.88%, 2/14/2035 (a)
|
1,469,000
|
1,371,495
|
|
5.13%, 2/14/2053 (a)
|
502,000
|
419,170
|
|
|
|
2,286,915
|
|
South Africa — 0.7%
|
||
|
Eskom Holdings SOC Ltd.
|
|
|
|
7.13%, 2/11/2025 (b)
|
327,000
|
325,263
|
|
7.13%, 2/11/2025 (a)
|
448,000
|
445,620
|
|
6.35%, 8/10/2028 (b)
|
240,000
|
225,675
|
|
6.35%, 8/10/2028 (a)
|
2,186,000
|
2,055,523
|
|
Transnet SOC Ltd. 8.25%, 2/6/2028 (a)
|
1,507,000
|
1,464,616
|
|
|
|
4,516,697
|
|
United Arab Emirates — 1.2%
|
||
|
Abu Dhabi Crude Oil Pipeline LLC 4.60%, 11/2/2047 (a)
|
1,096,000
|
954,890
|
|
DP World Ltd.
|
|
|
|
6.85%, 7/2/2037 (a)
|
1,700,000
|
1,786,594
|
|
5.63%, 9/25/2048 (a)
|
253,000
|
223,668
|
|
DP World Salaam (US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 5.75%),
6.00%, 10/1/2025 (a) (d)
(e) (f)
|
561,000
|
552,234
|
|
MDGH GMTN RSC Ltd.
|
|
|
|
2.88%, 11/7/2029 (a)
|
1,878,000
|
1,659,682
|
|
2.88%, 5/21/2030 (a)
|
202,000
|
176,498
|
|
3.38%, 3/28/2032 (a)
|
1,966,000
|
1,720,250
|
|
4.38%, 11/22/2033 (a)
|
212,000
|
196,895
|
|
3.40%, 6/7/2051 (a)
|
699,000
|
471,825
|
|
|
|
7,742,536
|
|
Total Corporate Bonds
(Cost $88,267,833)
|
|
87,113,132
|
|
|
SHARES
|
|
|
Short-Term Investments — 3.3%
|
||
|
Investment Companies — 0.9%
|
||
|
JPMorgan U.S. Government Money Market Fund Class IM Shares, 5.28% (g) (h)(Cost $5,776,586)
|
5,776,586
|
5,776,586
|
|
Investment of Cash Collateral from Securities Loaned — 2.4%
|
||
|
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 5.52% (g) (h)
|
10,997,601
|
14,000,900
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Short-Term Investments — continued
|
||
|
Investment of Cash Collateral from Securities Loaned — continued
|
||
|
JPMorgan U.S. Government Money Market Fund Class IM Shares, 5.28% (g) (h)
|
2,180,119
|
2,180,119
|
|
Total Investment of Cash Collateral from Securities Loaned
(Cost $13,180,719)
|
|
16,181,019
|
|
Total Short-Term Investments
(Cost $18,957,305)
|
|
21,957,605
|
|
Total Investments — 101.5%
(Cost $676,477,304)
|
|
672,691,814
|
|
Liabilities in Excess of Other Assets — (1.5)%
|
|
(10,131,906
)
|
|
NET ASSETS — 100.0%
|
|
662,559,908
|
|
Percentages indicated are based on net assets.
|
|
Abbreviations
|
|
|
CJSC
|
Closed Joint Stock Company
|
|
GMTN
|
Global Medium Term Note
|
|
MTN
|
Medium Term Note
|
|
PT
|
Limited liability company
|
|
SPC
|
Special purpose company
|
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
|
(a)
|
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.
|
|
|
(b)
|
Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities
Act of 1933, as amended.
|
|
|
(c)
|
The security or a portion of this security is on loan at November 30, 2023. The total
value of securities on loan at November 30, 2023 is
$15,500,826.
|
|
|
(d)
|
Security is an interest bearing note with preferred security characteristics.
|
|
|
(e)
|
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 November 30, 2023.
|
|
|
(f)
|
Variable or floating rate security, linked to the referenced benchmark. The interest
rate shown is the current rate as of November 30, 2023.
|
|
|
(g)
|
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.
|
|
|
(h)
|
The rate shown is the current yield as of November 30, 2023.
|
|
|
|
|
|
||
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
Corporate Bonds
|
$—
|
$87,113,132
|
$—
|
$87,113,132
|
|
Foreign Government Securities
|
—
|
563,621,077
|
—
|
563,621,077
|
|
Short-Term Investments
|
|
|
|
|
|
Investment Companies
|
5,776,586
|
—
|
—
|
5,776,586
|
|
Investment of Cash Collateral from Securities Loaned
|
16,181,019
|
—
|
—
|
16,181,019
|
|
Total Short-Term Investments
|
21,957,605
|
—
|
—
|
21,957,605
|
|
|
|
|
||
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
|
Total Investments in Securities
|
$21,957,605
|
$650,734,209
|
$—
|
$672,691,814
|
|
|
|||||||||
|
For the period ended November 30, 2023
|
|||||||||
|
Security Description
|
Value at
February 28,
2023
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
November 30,
2023
|
Shares at
November 30,
2023
|
Dividend
Income
|
Capital Gain
Distributions
|
|
JPMorgan Securities Lending
Money Market Fund Agency SL
Class Shares, 5.52% (a) (b)
|
$8,802,300
|
$70,000,000
|
$64,799,340
|
$(2,560
)
|
$500
|
$14,000,900
|
10,997,601
|
$322,085
|
$—
|
|
JPMorgan U.S. Government
Money Market Fund Class IM
Shares, 5.28% (a) (b)
|
1,809,720
|
86,120,820
|
85,750,421
|
—
|
—
|
2,180,119
|
2,180,119
|
87,018
|
—
|
|
JPMorgan U.S. Government
Money Market Fund Class IM
Shares, 5.28% (a) (b)
|
1,134,608
|
93,509,615
|
88,867,637
|
—
|
—
|
5,776,586
|
5,776,586
|
75,893
|
—
|
|
Total
|
$11,746,628
|
$249,630,435
|
$239,417,398
|
$(2,560
)
|
$500
|
$21,957,605
|
|
$484,996
|
$—
|
|
|
|
|
(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 November 30, 2023.
|