NPORT-EX 2 HG_INSTCBP.htm HTML

JPMorgan Insurance Trust Core Bond Portfolio

Schedule of Portfolio Investments as of March 31, 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.

 

JPMorgan Distribution Services, Inc., member FINRA.

 

© J.P. Morgan Chase & Co., 2022.

 

  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited)

Investments

   Principal
Amount ($000)
     Value ($000)  

CORPORATE BONDS — 28.5%

 

Aerospace & Defense — 0.8%

 

Airbus SE (France)

     

3.15%, 4/10/2027 (a)

     164        163  

BAE Systems Holdings, Inc. (United Kingdom)

     

3.80%, 10/7/2024 (a)

     45        45  

BAE Systems plc (United Kingdom)

     

1.90%, 2/15/2031 (a)

     200        173  

5.80%, 10/11/2041 (a)

     51        61  

Boeing Co. (The)

     

1.17%, 2/4/2023

     160        159  

1.95%, 2/1/2024

     185        181  

1.43%, 2/4/2024

     325        314  

4.88%, 5/1/2025

     125        129  

2.75%, 2/1/2026

     180        174  

2.20%, 2/4/2026

     200        189  

2.70%, 2/1/2027

     640        614  

3.25%, 3/1/2028

     224        215  

5.15%, 5/1/2030

     190        203  

5.71%, 5/1/2040

     175        196  

L3Harris Technologies, Inc.

     

1.80%, 1/15/2031

     220        191  

Leidos, Inc.

     

2.30%, 2/15/2031

     120        104  

Northrop Grumman Corp.

     

3.25%, 1/15/2028

     50        50  

5.15%, 5/1/2040

     140        163  

Raytheon Technologies Corp.

     

3.20%, 3/15/2024

     28        28  

4.50%, 6/1/2042

     80        88  

4.15%, 5/15/2045

     138        142  

3.75%, 11/1/2046

     80        79  

4.35%, 4/15/2047

     90        96  
     

 

 

 
        3,757  
     

 

 

 

Airlines — 0.0% (b)

 

Continental Airlines Pass-Through Trust

     

Series 2012-2, Class A Shares, 4.00%, 10/29/2024

     15        15  
     

 

 

 

Auto Components — 0.0% (b)

 

Lear Corp.

     

2.60%, 1/15/2032

     110        97  
     

 

 

 

Automobiles — 0.6%

 

BMW US Capital LLC (Germany)

     

2.25%, 9/15/2023 (a)

     45        45  

General Motors Co.

     

6.13%, 10/1/2025

     130        140  

Hyundai Capital America

     

1.15%, 11/10/2022 (a)

     394        390  

1.80%, 10/15/2025 (a)

     140        131  

1.30%, 1/8/2026 (a)

     115        105  

1.50%, 6/15/2026 (a)

     45        41  

3.00%, 2/10/2027 (a)

     200        191  

2.38%, 10/15/2027 (a)

     130        119  

1.80%, 1/10/2028 (a)

     215        190  

Nissan Motor Co. Ltd. (Japan)

     

3.52%, 9/17/2025 (a)

     481        471  

4.35%, 9/17/2027 (a)

     673        663  

Stellantis Finance US, Inc.

     

2.69%, 9/15/2031 (a)

     200        176  

Volkswagen Group of America Finance LLC (Germany)

     

1.63%, 11/24/2027 (a)

     200        178  
     

 

 

 
        2,840  
     

 

 

 

Banks — 4.7%

 

ABN AMRO Bank NV (Netherlands)

     

4.75%, 7/28/2025 (a)

     200        204  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.47%, 12/13/2029 (a) (c)

     300        275  

AIB Group plc (Ireland)

     

(ICE LIBOR USD 3 Month + 1.87%), 4.26%, 4/10/2025 (a) (c)

     250        250  

ANZ New Zealand Int’l Ltd. (New Zealand)

     

3.45%, 1/21/2028 (a)

     200        200  

2.55%, 2/13/2030 (a)

     200        188  

Banco Nacional de Panama (Panama)

     

2.50%, 8/11/2030 (a)

     300        264  

Banco Santander SA (Spain)

     

2.75%, 5/28/2025

     200        195  

1.85%, 3/25/2026

     400        373  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.90%), 1.72%, 9/14/2027 (c)

     200        181  

2.75%, 12/3/2030

     200        176  

Bank of America Corp.

     

4.00%, 1/22/2025

     114        116  

Series L, 3.95%, 4/21/2025

     92        94  

(ICE LIBOR USD 3 Month + 0.81%), 3.37%, 1/23/2026 (c)

     100        100  

4.45%, 3/3/2026

     69        71  

Series N, (SOFR + 0.91%), 1.66%, 3/11/2027 (c)

     100        93  

(SOFR + 0.96%), 1.73%, 7/22/2027 (c)

     235        218  

(ICE LIBOR USD 3 Month + 1.51%), 3.71%, 4/24/2028 (c)

     260        262  

(ICE LIBOR USD 3 Month + 1.07%), 3.97%, 3/5/2029 (c)

     76        77  

(SOFR + 1.06%), 2.09%, 6/14/2029 (c)

     204        186  

(SOFR + 2.15%), 2.59%, 4/29/2031 (c)

     313        289  

(SOFR + 1.53%), 1.90%, 7/23/2031 (c)

     150        131  

(SOFR + 1.21%), 2.57%, 10/20/2032 (c)

     330        300  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

(SOFR + 1.33%), 2.97%, 2/4/2033 (c)

     110        103  

(SOFR + 1.93%), 2.68%, 6/19/2041 (c)

     743        628  

Bank of Ireland Group plc (Ireland)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.03%, 9/30/2027 (a) (c)

     206        187  

Bank of Montreal (Canada)

     

1.85%, 5/1/2025

     200        193  

(USD Swap Semi 5 Year + 1.43%), 3.80%, 12/15/2032 (c)

     47        46  

Banque Federative du Credit Mutuel SA (France)

     

2.38%, 11/21/2024 (a)

     254        248  

1.60%, 10/4/2026 (a)

     245        225  

Barclays plc (United Kingdom)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.80%), 1.01%, 12/10/2024 (c)

     369        355  

3.65%, 3/16/2025

     200        200  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.30%), 2.89%, 11/24/2032 (c)

     200        181  

BNP Paribas SA (France)

     

(SOFR + 2.07%), 2.22%, 6/9/2026 (a) (c)

     293        279  

(SOFR + 1.00%), 1.32%, 1/13/2027 (a) (c)

     232        211  

(SOFR + 1.22%), 2.16%, 9/15/2029 (a) (c)

     349        310  

(SOFR + 1.51%), 3.05%, 1/13/2031 (a) (c)

     320        299  

(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.05%), 2.59%, 8/12/2035 (a) (c)

     320        278  

Citigroup, Inc.

     

(ICE LIBOR USD 3 Month + 0.90%), 3.35%, 4/24/2025 (c)

     90        90  

4.40%, 6/10/2025

     78        80  

4.45%, 9/29/2027

     210        217  

(ICE LIBOR USD 3 Month + 1.56%), 3.89%, 1/10/2028 (c)

     200        202  

(ICE LIBOR USD 3 Month + 1.39%), 3.67%, 7/24/2028 (c)

     605        605  

(ICE LIBOR USD 3 Month + 1.15%), 3.52%, 10/27/2028 (c)

     75        74  

(ICE LIBOR USD 3 Month + 1.19%), 4.07%, 4/23/2029 (c)

     74        75  

(SOFR + 1.17%), 2.56%, 5/1/2032 (c)

     625        564  

(SOFR + 1.18%), 2.52%, 11/3/2032 (c)

     110        99  

(SOFR + 1.35%), 3.06%, 1/25/2033 (c)

     171        160  

(ICE LIBOR USD 3 Month + 1.17%), 3.88%, 1/24/2039 (c)

     50        50  

8.13%, 7/15/2039

     56        85  

Citizens Financial Group, Inc.

     

2.85%, 7/27/2026

     200        197  

Comerica, Inc.

     

4.00%, 2/1/2029

     150        155  

Cooperatieve Rabobank UA (Netherlands)

     

3.75%, 7/21/2026

     450        447  

Credit Agricole SA (France)

     

(SOFR + 1.68%), 1.91%, 6/16/2026 (a) (c)

     650        613  

(SOFR + 0.89%), 1.25%, 1/26/2027 (a) (c)

     400        364  

Danske Bank A/S (Denmark)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.03%), 1.17%, 12/8/2023 (a) (c)

     480        474  

DNB Bank ASA (Norway)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.68%), 1.60%, 3/30/2028 (a) (c)

     325        294  

Fifth Third Bancorp

     

3.65%, 1/25/2024

     90        91  

HSBC Holdings plc (United Kingdom)

     

(ICE LIBOR USD 3 Month + 0.99%), 3.95%, 5/18/2024 (c)

     229        231  

(SOFR + 1.43%), 3.00%, 3/10/2026 (c)

     200        196  

(SOFR + 1.29%), 2.21%, 8/17/2029 (c)

     200        180  

(SOFR + 1.95%), 2.36%, 8/18/2031 (c)

     300        266  

6.50%, 9/15/2037

     250        304  

6.10%, 1/14/2042

     120        152  

ING Groep NV (Netherlands)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 1.40%, 7/1/2026 (a) (c)

     210        194  

3.95%, 3/29/2027

     200        203  

KeyCorp

     

4.15%, 10/29/2025

     65        67  

Lloyds Banking Group plc (United Kingdom)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 1.33%, 6/15/2023 (c)

     200        200  

4.50%, 11/4/2024

     220        224  

4.58%, 12/10/2025

     200        204  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.60%), 3.51%, 3/18/2026 (c)

     200        199  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.85%), 1.63%, 5/11/2027 (c)

     245        225  

Mitsubishi UFJ Financial Group, Inc. (Japan)

     

2.67%, 7/25/2022

     80        80  

2.05%, 7/17/2030

     340        301  

3.75%, 7/18/2039

     515        506  

Mizuho Financial Group, Inc. (Japan)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 0.67%), 1.23%, 5/22/2027 (c)

     255        232  

(SOFR + 1.57%), 2.87%, 9/13/2030 (c)

     220        208  

National Australia Bank Ltd. (Australia)

     

2.33%, 8/21/2030 (a)

     250        217  

(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.88%), 3.93%, 8/2/2034 (a) (c)

     440        431  

NatWest Group plc (United Kingdom)

     

4.80%, 4/5/2026

     283        293  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 2.55%), 3.07%, 5/22/2028 (c)

     440        422  

(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 2.10%), 3.75%, 11/1/2029 (c)

     200        198  

(ICE LIBOR USD 3 Month + 1.87%), 4.44%, 5/8/2030 (c)

     200        205  

Nordea Bank Abp (Finland)

     

1.50%, 9/30/2026 (a)

     200        184  

PNC Bank NA

     

2.50%, 8/27/2024

     250        248  

Royal Bank of Canada (Canada)

     

3.70%, 10/5/2023

     300        306  

4.65%, 1/27/2026

     30        31  

Santander UK Group Holdings plc (United Kingdom)

     

(SOFR + 0.99%), 1.67%, 6/14/2027 (c)

     220        200  

Societe Generale SA (France)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 1.49%, 12/14/2026 (a) (c)

     260        235  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 1.79%, 6/9/2027 (a) (c)

     215        194  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.30%), 2.89%, 6/9/2032 (a) (c)

     500        448  

Standard Chartered plc (United Kingdom)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 1.46%, 1/14/2027 (a) (c)

     245        223  

Sumitomo Mitsui Financial Group, Inc. (Japan)

     

3.10%, 1/17/2023

     55        55  

1.47%, 7/8/2025

     212        199  

3.01%, 10/19/2026

     25        24  

3.04%, 7/16/2029

     345        333  

Sumitomo Mitsui Trust Bank Ltd. (Japan)

     

1.55%, 3/25/2026 (a)

     403        374  

UniCredit SpA (Italy)

     

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.20%), 1.98%, 6/3/2027 (a) (c)

     200        180  

(USD ICE Swap Rate 5 Year + 3.70%), 5.86%, 6/19/2032 (a) (c)

     200        197  

US Bancorp

     

3.38%, 2/5/2024

     120        122  

7.50%, 6/1/2026

     100        116  

Wells Fargo & Co.

     

(ICE LIBOR USD 3 Month + 1.17%), 3.20%, 6/17/2027 (c)

     639        630  

5.38%, 11/2/2043

     200        232  

4.40%, 6/14/2046

     47        49  

Westpac Banking Corp. (Australia)

     

(USD ICE Swap Rate 5 Year + 2.24%), 4.32%, 11/23/2031 (c)

     140        141  

3.13%, 11/18/2041

     221        189  
     

 

 

 
        23,770  
     

 

 

 

Beverages — 0.5%

 

Anheuser-Busch Cos. LLC (Belgium)

     

4.70%, 2/1/2036

     373        400  

Anheuser-Busch InBev Finance, Inc. (Belgium)

     

4.70%, 2/1/2036

     120        129  

Anheuser-Busch InBev Worldwide, Inc. (Belgium)

     

4.38%, 4/15/2038

     150        158  

4.44%, 10/6/2048

     130        136  

4.75%, 4/15/2058

     95        103  

4.60%, 6/1/2060

     105        112  

Coca-Cola Femsa SAB de CV (Mexico)

     

2.75%, 1/22/2030

     155        148  

1.85%, 9/1/2032

     215        184  

Constellation Brands, Inc.

     

4.40%, 11/15/2025

     50        52  

2.88%, 5/1/2030

     420        393  

5.25%, 11/15/2048

     25        28  

Diageo Capital plc (United Kingdom)

     

1.38%, 9/29/2025

     350        331  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Fomento Economico Mexicano SAB de CV (Mexico)

     

3.50%, 1/16/2050

     260        240  

Keurig Dr Pepper, Inc.

     

4.42%, 5/25/2025

     30        31  

3.43%, 6/15/2027

     20        20  

4.99%, 5/25/2038

     43        47  

4.42%, 12/15/2046

     64        66  

5.09%, 5/25/2048

     60        69  
     

 

 

 
        2,647  
     

 

 

 

Biotechnology — 0.6%

 

AbbVie, Inc.

     

2.80%, 3/15/2023

     100        100  

3.85%, 6/15/2024

     42        43  

3.20%, 11/21/2029

     516        510  

4.50%, 5/14/2035

     100        107  

4.05%, 11/21/2039

     510        525  

4.40%, 11/6/2042

     370        390  

4.85%, 6/15/2044

     200        222  

Amgen, Inc.

     

2.20%, 2/21/2027

     120        115  

Baxalta, Inc.

     

3.60%, 6/23/2022

     7        7  

5.25%, 6/23/2045

     3        3  

Biogen, Inc.

     

2.25%, 5/1/2030

     153        138  

Gilead Sciences, Inc.

     

2.60%, 10/1/2040

     310        261  

Regeneron Pharmaceuticals, Inc.

     

1.75%, 9/15/2030

     460        399  
     

 

 

 
        2,820  
     

 

 

 

Building Products — 0.1%

 

Lennox International, Inc.

     

1.35%, 8/1/2025

     540        506  

Masco Corp.

     

2.00%, 10/1/2030

     90        78  

6.50%, 8/15/2032

     80        94  
     

 

 

 
        678  
     

 

 

 

Capital Markets — 2.1%

 

Bank of New York Mellon Corp. (The)

     

3.30%, 8/23/2029

     38        38  

Blackstone Holdings Finance Co. LLC

     

4.45%, 7/15/2045 (a)

     21        22  

Blackstone Secured Lending Fund

     

3.65%, 7/14/2023

     200        201  

Brookfield Finance, Inc. (Canada)

     

3.90%, 1/25/2028

     55        55  

4.85%, 3/29/2029

     54        57  

4.70%, 9/20/2047

     9        10  

Charles Schwab Corp. (The)

     

3.20%, 3/2/2027

     100        101  

Credit Suisse Group AG (Switzerland)

     

3.80%, 6/9/2023

     350        353  

(SOFR + 1.56%), 2.59%, 9/11/2025 (a) (c)

     250        242  

(SOFR + 2.04%), 2.19%, 6/5/2026 (a) (c)

     250        235  

(SOFR + 0.98%), 1.31%, 2/2/2027 (a) (c)

     510        456  

Daiwa Securities Group, Inc. (Japan)

     

3.13%, 4/19/2022 (a)

     49        49  

Deutsche Bank AG (Germany)

     

3.30%, 11/16/2022

     100        101  

(SOFR + 2.16%), 2.22%, 9/18/2024 (c)

     380        371  

(SOFR + 1.87%), 2.13%, 11/24/2026 (c)

     205        190  

(SOFR + 1.32%), 2.55%, 1/7/2028 (c)

     350        323  

Goldman Sachs Group, Inc. (The)

     

3.50%, 1/23/2025

     100        101  

(ICE LIBOR USD 3 Month + 1.20%), 3.27%, 9/29/2025 (c)

     137        137  

4.25%, 10/21/2025

     105        108  

3.85%, 1/26/2027

     45        45  

(SOFR + 0.91%), 1.95%, 10/21/2027 (c)

     195        181  

(SOFR + 1.11%), 2.64%, 2/24/2028 (c)

     301        288  

(ICE LIBOR USD 3 Month + 1.51%), 3.69%, 6/5/2028 (c)

     742        744  

2.60%, 2/7/2030

     400        371  

(SOFR + 1.25%), 2.38%, 7/21/2032 (c)

     95        84  

6.75%, 10/1/2037

     80        101  

(ICE LIBOR USD 3 Month + 1.37%), 4.02%, 10/31/2038 (c)

     400        404  

(ICE LIBOR USD 3 Month + 1.43%), 4.41%, 4/23/2039 (c)

     215        227  

Intercontinental Exchange, Inc.

     

4.00%, 10/15/2023

     59        60  

Jefferies Group LLC

     

6.45%, 6/8/2027

     81        91  

Macquarie Bank Ltd. (Australia)

     

4.00%, 7/29/2025 (a)

     100        102  

(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 1.70%), 3.05%, 3/3/2036 (a) (c)

     200        176  

Macquarie Group Ltd. (Australia)

     

(SOFR + 1.07%), 1.34%, 1/12/2027 (a) (c)

     210        191  

(ICE LIBOR USD 3 Month + 1.75%), 5.03%, 1/15/2030 (a) (c)

     220        231  

Morgan Stanley

     

4.10%, 5/22/2023

     100        102  

3.70%, 10/23/2024

     69        70  

5.00%, 11/24/2025

     36        38  

(SOFR + 1.99%), 2.19%, 4/28/2026 (c)

     980        946  

3.13%, 7/27/2026

     34        34  

4.35%, 9/8/2026

     20        21  

3.63%, 1/20/2027

     101        102  

(SOFR + 1.00%), 2.48%, 1/21/2028 (c)

     39        37  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

(ICE LIBOR USD 3 Month + 1.34%), 3.59%, 7/22/2028 (c)

     222        223  

(ICE LIBOR USD 3 Month + 1.14%), 3.77%, 1/24/2029 (c)

     96        97  

(ICE LIBOR USD 3 Month + 1.63%), 4.43%, 1/23/2030 (c)

     159        166  

(SOFR + 1.03%), 1.79%, 2/13/2032 (c)

     280        241  

(SOFR + 1.49%), 3.22%, 4/22/2042 (c)

     265        244  

4.30%, 1/27/2045

     85        89  

Nomura Holdings, Inc. (Japan)

     

2.65%, 1/16/2025

     212        206  

2.68%, 7/16/2030

     200        182  

Northern Trust Corp.

     

(ICE LIBOR USD 3 Month + 1.13%), 3.38%, 5/8/2032 (c)

     29        28  

Nuveen LLC

     

4.00%, 11/1/2028 (a)

     160        166  

S&P Global, Inc.

     

4.25%, 5/1/2029 (a)

     346        364  

2.90%, 3/1/2032 (a)

     193        187  

TD Ameritrade Holding Corp.

     

2.95%, 4/1/2022

     17        17  

UBS Group AG (Switzerland)

     

4.13%, 9/24/2025 (a)

     400        407  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.08%), 1.36%, 1/30/2027 (a) (c)

     200        184  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.00%), 2.09%, 2/11/2032 (a) (c)

     250        219  

(US Treasury Yield Curve Rate T Note Constant Maturity 1 Year + 1.10%), 2.75%, 2/11/2033 (a) (c)

     200        182  
     

 

 

 
        10,998  
     

 

 

 

Chemicals — 0.7%

 

Air Products and Chemicals, Inc.

     

1.85%, 5/15/2027

     310        293  

Albemarle Corp.

     

5.45%, 12/1/2044

     50        56  

Celanese US Holdings LLC

     

3.50%, 5/8/2024

     151        151  

Chevron Phillips Chemical Co. LLC

     

5.13%, 4/1/2025 (a)

     485        511  

Dow Chemical Co. (The)

     

4.55%, 11/30/2025

     14        15  

DuPont de Nemours, Inc.

     

5.32%, 11/15/2038

     595        682  

Eastman Chemical Co.

     

4.50%, 12/1/2028

     220        226  

International Flavors & Fragrances, Inc.

     

1.83%, 10/15/2027 (a)

     190        172  

3.27%, 11/15/2040 (a)

     110        98  

5.00%, 9/26/2048

     52        57  

3.47%, 12/1/2050 (a)

     80        71  

LYB International Finance III LLC

     

1.25%, 10/1/2025

     79        73  

3.63%, 4/1/2051

     245        222  

Nutrien Ltd. (Canada)

     

4.00%, 12/15/2026

     70        72  

4.20%, 4/1/2029

     25        26  

4.13%, 3/15/2035

     90        92  

5.00%, 4/1/2049

     40        46  

RPM International, Inc.

     

2.95%, 1/15/2032

     305        280  

Union Carbide Corp.

     

7.75%, 10/1/2096

     75        109  
     

 

 

 
        3,252  
     

 

 

 

Commercial Services & Supplies — 0.0% (b)

 

Ford Foundation (The)

     

Series 2020, 2.82%, 6/1/2070

     90        74  
     

 

 

 

Construction & Engineering — 0.1%

 

Quanta Services, Inc.

     

2.90%, 10/1/2030

     360        333  

2.35%, 1/15/2032

     270        234  
     

 

 

 
        567  
     

 

 

 

Construction Materials — 0.0% (b)

 

Martin Marietta Materials, Inc.

     

3.45%, 6/1/2027

     52        52  

3.50%, 12/15/2027

     100        101  
     

 

 

 
        153  
     

 

 

 

Consumer Finance — 1.2%

 

AerCap Ireland Capital DAC (Ireland)

     

4.50%, 9/15/2023

     600        604  

2.88%, 8/14/2024

     150        146  

1.75%, 1/30/2026

     150        138  

2.45%, 10/29/2026

     170        157  

3.00%, 10/29/2028

     210        194  

3.30%, 1/30/2032

     195        176  

American Express Co.

     

4.20%, 11/6/2025

     150        156  

American Honda Finance Corp.

     

2.30%, 9/9/2026

     17        16  

Avolon Holdings Funding Ltd. (Ireland)

     

2.88%, 2/15/2025 (a)

     275        264  

5.50%, 1/15/2026 (a)

     395        408  

2.13%, 2/21/2026 (a)

     160        146  

4.25%, 4/15/2026 (a)

     245        242  

4.38%, 5/1/2026 (a)

     150        148  

2.53%, 11/18/2027 (a)

     1,301        1,150  

Capital One Financial Corp.

     

4.20%, 10/29/2025

     40        41  

3.75%, 7/28/2026

     196        197  

(SOFR + 1.27%), 2.62%, 11/2/2032 (c)

     235        211  

General Motors Financial Co., Inc.

     

1.20%, 10/15/2024

     110        104  

1.25%, 1/8/2026

     467        427  

4.35%, 1/17/2027

     113        115  

2.35%, 1/8/2031

     97        84  

2.70%, 6/10/2031

     205        181  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Park Aerospace Holdings Ltd. (Ireland)

     

4.50%, 3/15/2023 (a)

     475        478  

5.50%, 2/15/2024 (a)

     23        24  
     

 

 

 
        5,807  
     

 

 

 

Containers & Packaging — 0.1%

 

Graphic Packaging International LLC

     

1.51%, 4/15/2026 (a)

     284        261  

Packaging Corp. of America

     

4.05%, 12/15/2049

     155        158  

WRKCo, Inc.

     

3.00%, 9/15/2024

     80        79  

3.90%, 6/1/2028

     35        35  
     

 

 

 
        533  
     

 

 

 

Diversified Consumer Services — 0.1%

 

Pepperdine University

     

Series 2020, 3.30%, 12/1/2059

     110        100  

University of Miami

     

Series 2022, 4.06%, 4/1/2052

     120        120  

University of Southern California

     

Series A, 3.23%, 10/1/2120

     110        91  
     

 

 

 
        311  
     

 

 

 

Diversified Financial Services — 0.2%

 

GTP Acquisition Partners I LLC

     

3.48%, 6/16/2025 (a)

     67        67  

LSEGA Financing plc (United Kingdom)

     

2.00%, 4/6/2028 (a)

     475        433  

Mitsubishi HC Capital, Inc. (Japan)

     

2.65%, 9/19/2022 (a)

     200        200  

ORIX Corp. (Japan)

     

2.90%, 7/18/2022

     40        40  

3.25%, 12/4/2024

     100        100  

3.70%, 7/18/2027

     100        101  
     

 

 

 
        941  
     

 

 

 

Diversified Telecommunication Services — 0.6%

 

AT&T, Inc.

     

2.30%, 6/1/2027

     520        495  

1.65%, 2/1/2028

     55        50  

2.25%, 2/1/2032

     430        381  

3.50%, 6/1/2041

     154        142  

3.10%, 2/1/2043

     645        558  

3.50%, 9/15/2053

     381        334  

3.55%, 9/15/2055

     126        111  

Deutsche Telekom International Finance BV (Germany)

     

4.88%, 3/6/2042 (a)

     150        165  

Verizon Communications, Inc.

     

2.10%, 3/22/2028

     200        186  

3.15%, 3/22/2030

     40        39  

1.68%, 10/30/2030

     75        65  

2.36%, 3/15/2032 (a)

     147        133  

2.65%, 11/20/2040

     260        222  
     

 

 

 
        2,881  
     

 

 

 

Electric Utilities — 1.7%

 

AEP Transmission Co. LLC

     

3.15%, 9/15/2049

     35        31  

Alabama Power Co.

     

6.13%, 5/15/2038

     62        77  

Avangrid, Inc.

     

3.15%, 12/1/2024

     72        72  

Baltimore Gas and Electric Co.

     

3.50%, 8/15/2046

     47        45  

2.90%, 6/15/2050

     110        96  

CenterPoint Energy Houston Electric LLC

     

3.95%, 3/1/2048

     10        10  

Series AD, 2.90%, 7/1/2050

     200        178  

China Southern Power Grid International Finance BVI Co. Ltd. (China)

     

3.50%, 5/8/2027 (a)

     200        201  

Cleveland Electric Illuminating Co. (The)

     

3.50%, 4/1/2028 (a)

     95        93  

4.55%, 11/15/2030 (a)

     65        68  

Commonwealth Edison Co.

     

3.65%, 6/15/2046

     30        30  

Duke Energy Corp.

     

2.65%, 9/1/2026

     100        97  

Duke Energy Indiana LLC

     

3.75%, 5/15/2046

     60        59  

Duke Energy Ohio, Inc.

     

3.70%, 6/15/2046

     46        45  

Duke Energy Progress LLC

     

3.70%, 10/15/2046

     54        52  

Duquesne Light Holdings, Inc.

     

3.62%, 8/1/2027 (a)

     160        158  

2.53%, 10/1/2030 (a)

     210        189  

Edison International

     

3.55%, 11/15/2024

     284        285  

Emera US Finance LP (Canada)

     

4.75%, 6/15/2046

     130        136  

Entergy Arkansas LLC

     

3.50%, 4/1/2026

     22        22  

Entergy Corp.

     

2.95%, 9/1/2026

     21        21  

Entergy Louisiana LLC

     

2.40%, 10/1/2026

     59        57  

3.05%, 6/1/2031

     38        37  

4.00%, 3/15/2033

     40        41  

2.90%, 3/15/2051

     130        113  

Entergy Mississippi LLC

     

3.85%, 6/1/2049

     135        134  

Evergy Metro, Inc.

     

3.15%, 3/15/2023

     24        24  

5.30%, 10/1/2041

     50        57  

4.20%, 3/15/2048

     50        52  

Evergy, Inc.

     

2.90%, 9/15/2029

     170        162  

Fells Point Funding Trust

     

3.05%, 1/31/2027 (a)

     585        562  

Florida Power & Light Co.

     

5.40%, 9/1/2035

     50        58  

Fortis, Inc. (Canada)

     

3.06%, 10/4/2026

     124        123  

Hydro-Quebec (Canada)

     

Series IO, 8.05%, 7/7/2024

     100        112  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

ITC Holdings Corp.

     

2.70%, 11/15/2022

     100        100  

2.95%, 5/14/2030 (a)

     100        95  

Jersey Central Power & Light Co.

     

4.30%, 1/15/2026 (a)

     40        41  

6.15%, 6/1/2037

     30        36  

Massachusetts Electric Co.

     

4.00%, 8/15/2046 (a)

     56        53  

MidAmerican Energy Co.

     

3.50%, 10/15/2024

     59        60  

Mid-Atlantic Interstate Transmission LLC

     

4.10%, 5/15/2028 (a)

     40        40  

Nevada Power Co.

     

Series CC, 3.70%, 5/1/2029

     100        102  

New England Power Co. (United Kingdom)

     

3.80%, 12/5/2047 (a)

     45        42  

NextEra Energy Capital Holdings, Inc.

     

3.55%, 5/1/2027

     27        27  

Niagara Mohawk Power Corp.

     

3.51%, 10/1/2024 (a)

     19        19  

1.96%, 6/27/2030 (a)

     250        222  

NRG Energy, Inc.

     

2.00%, 12/2/2025 (a)

     185        174  

2.45%, 12/2/2027 (a)

     210        195  

4.45%, 6/15/2029 (a)

     110        110  

OGE Energy Corp.

     

0.70%, 5/26/2023

     135        132  

Oklahoma Gas and Electric Co.

     

0.55%, 5/26/2023

     165        161  

Oncor Electric Delivery Co. LLC

     

5.75%, 3/15/2029

     25        28  

3.10%, 9/15/2049

     215        197  

Pacific Gas and Electric Co.

     

1.75%, 6/16/2022

     320        320  

1.37%, 3/10/2023

     305        300  

1.70%, 11/15/2023

     175        171  

3.25%, 2/16/2024

     505        502  

3.45%, 7/1/2025

     145        141  

2.95%, 3/1/2026

     90        86  

3.75%, 8/15/2042 (d)

     33        27  

4.30%, 3/15/2045

     55        47  

4.00%, 12/1/2046

     230        191  

PECO Energy Co.

     

2.80%, 6/15/2050

     100        86  

Pennsylvania Electric Co.

     

3.25%, 3/15/2028 (a)

     19        18  

Potomac Electric Power Co.

     

6.50%, 11/15/2037

     75        97  

Public Service Co. of Oklahoma

     

Series G, 6.63%, 11/15/2037

     175        217  

Public Service Electric and Gas Co.

     

3.00%, 5/15/2025

     83        83  

5.38%, 11/1/2039

     28        33  

Southern California Edison Co.

     

Series C, 3.50%, 10/1/2023

     53        53  

Series B, 3.65%, 3/1/2028

     80        80  

Series 05-B, 5.55%, 1/15/2036

     80        90  

4.05%, 3/15/2042

     100        97  

Tampa Electric Co.

     

4.45%, 6/15/2049

     100        107  

Toledo Edison Co. (The)

     

6.15%, 5/15/2037

     50        61  

Union Electric Co.

     

2.95%, 6/15/2027

     36        35  

Virginia Electric and Power Co.

     

6.35%, 11/30/2037

     70        90  
     

 

 

 
        8,263  
     

 

 

 

Electronic Equipment, Instruments & Components — 0.1%

 

Arrow Electronics, Inc.

     

4.50%, 3/1/2023

     8        8  

3.25%, 9/8/2024

     44        44  

3.88%, 1/12/2028

     22        22  

Corning, Inc.

     

5.35%, 11/15/2048

     110        130  

3.90%, 11/15/2049

     174        168  
     

 

 

 
        372  
     

 

 

 

Energy Equipment & Services — 0.2%

 

Baker Hughes Holdings LLC

     

3.14%, 11/7/2029

     180        175  

4.49%, 5/1/2030

     115        123  

5.13%, 9/15/2040

     40        45  

Halliburton Co.

     

3.80%, 11/15/2025

     2        2  

4.85%, 11/15/2035

     30        32  

6.70%, 9/15/2038

     60        76  

NOV, Inc.

     

3.60%, 12/1/2029

     200        197  

Schlumberger Finance Canada Ltd.

     

1.40%, 9/17/2025

     300        284  

Schlumberger Holdings Corp.

     

3.75%, 5/1/2024 (a)

     55        56  

3.90%, 5/17/2028 (a)

     62        63  
     

 

 

 
        1,053  
     

 

 

 

Entertainment — 0.0% (b)

 

Activision Blizzard, Inc.

     

1.35%, 9/15/2030

     241        209  
     

 

 

 

Equity Real Estate Investment Trusts (REITs) — 2.0%

 

Alexandria Real Estate Equities, Inc.

     

3.80%, 4/15/2026

     23        23  

2.00%, 5/18/2032

     240        211  

1.88%, 2/1/2033

     140        118  

4.00%, 2/1/2050

     125        123  

American Campus Communities Operating Partnership LP

     

3.63%, 11/15/2027

     100        99  

2.85%, 2/1/2030

     190        178  

American Tower Corp.

     

5.00%, 2/15/2024

     71        73  

3.38%, 10/15/2026

     44        43  

1.50%, 1/31/2028

     325        288  

2.10%, 6/15/2030

     150        131  

1.88%, 10/15/2030

     275        235  

3.70%, 10/15/2049

     230        205  

3.10%, 6/15/2050

     130        105  

2.95%, 1/15/2051

     85        67  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Boston Properties LP

     

3.13%, 9/1/2023

     30        30  

3.20%, 1/15/2025

     61        61  

3.65%, 2/1/2026

     67        68  

Brixmor Operating Partnership LP

     

3.65%, 6/15/2024

     50        50  

3.85%, 2/1/2025

     50        50  

2.25%, 4/1/2028

     200        183  

2.50%, 8/16/2031

     105        93  

Corporate Office Properties LP

     

2.25%, 3/15/2026

     470        448  

2.75%, 4/15/2031

     326        293  

Crown Castle International Corp.

     

4.00%, 3/1/2027

     24        24  

Digital Realty Trust LP

     

3.70%, 8/15/2027

     31        31  

Duke Realty LP

     

3.25%, 6/30/2026

     18        18  

2.88%, 11/15/2029

     95        91  

Equinix, Inc.

     

2.90%, 11/18/2026

     285        276  

2.00%, 5/15/2028

     463        417  

Essex Portfolio LP

     

1.65%, 1/15/2031

     200        170  

2.65%, 3/15/2032

     145        133  

GAIF Bond Issuer Pty. Ltd. (Australia)

     

3.40%, 9/30/2026 (a)

     79        80  

Goodman US Finance Three LLC (Australia)

     

3.70%, 3/15/2028 (a)

     43        43  

Healthcare Trust of America Holdings LP

     

3.10%, 2/15/2030

     310        295  

2.00%, 3/15/2031

     160        138  

Healthpeak Properties, Inc.

     

2.13%, 12/1/2028

     330        304  

3.50%, 7/15/2029

     132        132  

3.00%, 1/15/2030

     90        86  

Life Storage LP

     

4.00%, 6/15/2029

     150        152  

2.20%, 10/15/2030

     300        266  

2.40%, 10/15/2031

     125        110  

Mid-America Apartments LP

     

3.95%, 3/15/2029

     230        237  

1.70%, 2/15/2031

     150        130  

National Retail Properties, Inc.

     

3.60%, 12/15/2026

     58        58  

4.30%, 10/15/2028

     150        154  

Office Properties Income Trust

     

4.00%, 7/15/2022

     78        78  

2.40%, 2/1/2027

     255        227  

3.45%, 10/15/2031

     130        112  

Physicians Realty LP

     

2.63%, 11/1/2031

     130        117  

Prologis LP

     

2.25%, 4/15/2030

     20        19  

2.13%, 10/15/2050

     150        112  

Public Storage

     

1.95%, 11/9/2028

     156        144  

2.25%, 11/9/2031

     131        120  

Realty Income Corp.

     

3.88%, 7/15/2024

     20        20  

3.88%, 4/15/2025

     60        61  

3.25%, 1/15/2031

     170        167  

Regency Centers LP

     

2.95%, 9/15/2029

     215        205  

Sabra Health Care LP

     

3.20%, 12/1/2031

     210        187  

Safehold Operating Partnership LP

     

2.85%, 1/15/2032

     400        352  

Scentre Group Trust 1 (Australia)

     

3.50%, 2/12/2025 (a)

     170        170  

SITE Centers Corp.

     

3.63%, 2/1/2025

     61        61  

UDR, Inc.

     

2.95%, 9/1/2026

     28        27  

3.20%, 1/15/2030

     150        146  

3.00%, 8/15/2031

     25        24  

2.10%, 8/1/2032

     160        138  

1.90%, 3/15/2033

     240        200  

Ventas Realty LP

     

4.13%, 1/15/2026

     9        9  

3.25%, 10/15/2026

     25        25  

3.85%, 4/1/2027

     49        50  

Vornado Realty LP

     

3.50%, 1/15/2025

     60        60  

Welltower, Inc.

     

2.70%, 2/15/2027

     63        62  

3.10%, 1/15/2030

     85        82  

6.50%, 3/15/2041

     125        160  

WP Carey, Inc.

     

4.25%, 10/1/2026

     245        253  

2.25%, 4/1/2033

     180        154  
     

 

 

 
        10,062  
     

 

 

 

Food & Staples Retailing — 0.4%

 

7-Eleven, Inc.

     

0.95%, 2/10/2026 (a)

     170        155  

1.30%, 2/10/2028 (a)

     137        120  

2.50%, 2/10/2041 (a)

     139        112  

Alimentation Couche-Tard, Inc. (Canada)

     

3.44%, 5/13/2041 (a)

     250        224  

3.80%, 1/25/2050 (a)

     230        214  

3.63%, 5/13/2051 (a)

     280        254  

CVS Pass-Through Trust

     

7.51%, 1/10/2032 (a)

     63        73  

5.93%, 1/10/2034 (a)

     69        76  

Series 2013, 4.70%, 1/10/2036 (a)

     148        156  

Kroger Co. (The)

     

2.20%, 5/1/2030

     500        456  

5.40%, 7/15/2040

     18        21  
     

 

 

 
        1,861  
     

 

 

 

Food Products — 0.4%

 

Bimbo Bakeries USA, Inc. (Mexico)

     

4.00%, 5/17/2051 (a)

     290        269  

Bunge Ltd. Finance Corp.

     

2.75%, 5/14/2031

     400        368  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Campbell Soup Co.

     

3.13%, 4/24/2050

     47        39  

Cargill, Inc.

     

3.25%, 3/1/2023 (a)

     25        25  

Conagra Brands, Inc.

     

5.30%, 11/1/2038

     35        38  

General Mills, Inc.

     

3.00%, 2/1/2051

     100        86  

Kraft Heinz Foods Co.

     

4.63%, 10/1/2039

     200        203  

4.38%, 6/1/2046

     153        151  

McCormick & Co., Inc.

     

2.50%, 4/15/2030

     342        317  

Mead Johnson Nutrition Co. (United Kingdom)

     

4.13%, 11/15/2025

     27        28  

Smithfield Foods, Inc.

     

5.20%, 4/1/2029 (a)

     160        168  

3.00%, 10/15/2030 (a)

     380        345  

Tyson Foods, Inc.

     

4.88%, 8/15/2034

     20        22  

5.15%, 8/15/2044

     90        102  
     

 

 

 
        2,161  
     

 

 

 

Gas Utilities — 0.2%

 

Atmos Energy Corp.

     

0.63%, 3/9/2023

     105        103  

4.13%, 10/15/2044

     50        51  

4.13%, 3/15/2049

     155        163  

Boston Gas Co.

     

4.49%, 2/15/2042 (a)

     22        23  

Brooklyn Union Gas Co. (The)

     

4.27%, 3/15/2048 (a)

     80        78  

ONE Gas, Inc.

     

2.00%, 5/15/2030

     200        179  

Piedmont Natural Gas Co., Inc.

     

3.50%, 6/1/2029

     200        198  

Southern California Gas Co.

     

Series XX, 2.55%, 2/1/2030

     195        184  

Southern Natural Gas Co. LLC

     

8.00%, 3/1/2032

     53        68  

4.80%, 3/15/2047 (a)

     26        27  

Southwest Gas Corp.

     

3.80%, 9/29/2046

     44        40  
     

 

 

 
        1,114  
     

 

 

 

Health Care Equipment & Supplies — 0.1%

 

Abbott Laboratories

     

4.75%, 11/30/2036

     130        151  

Becton Dickinson and Co.

     

4.67%, 6/6/2047

     75        82  

Boston Scientific Corp.

     

4.55%, 3/1/2039

     49        53  

DH Europe Finance II SARL

     

3.25%, 11/15/2039

     184        175  

Zimmer Biomet Holdings, Inc.

     

2.60%, 11/24/2031

     283        258  
     

 

 

 
        719  
     

 

 

 

Health Care Providers & Services — 0.9%

 

Advocate Health & Hospitals Corp.

     

Series 2020, 2.21%, 6/15/2030

     130        120  

Anthem, Inc.

     

3.30%, 1/15/2023

     18        18  

3.35%, 12/1/2024

     70        71  

4.10%, 3/1/2028

     55        57  

4.65%, 1/15/2043

     18        20  

4.65%, 8/15/2044

     65        70  

Ascension Health

     

Series B, 2.53%, 11/15/2029

     190        183  

Children’s Hospital

     

Series 2020, 2.93%, 7/15/2050

     180        147  

Cigna Corp.

     

4.50%, 2/25/2026

     127        133  

CommonSpirit Health

     

1.55%, 10/1/2025

     145        136  

2.78%, 10/1/2030

     145        135  

3.91%, 10/1/2050

     140        133  

CVS Health Corp.

     

4.30%, 3/25/2028

     21        22  

5.05%, 3/25/2048

     323        366  

Hackensack Meridian Health, Inc.

     

Series 2020, 2.68%, 9/1/2041

     390        335  

Series 2020, 2.88%, 9/1/2050

     230        194  

HCA, Inc.

     

5.25%, 6/15/2026

     340        360  

5.13%, 6/15/2039

     125        135  

5.50%, 6/15/2047

     245        276  

Memorial Health Services

     

3.45%, 11/1/2049

     245        230  

MidMichigan Health

     

Series 2020, 3.41%, 6/1/2050

     80        70  

Mount Sinai Hospitals Group, Inc.

     

Series 2017, 3.98%, 7/1/2048

     83        81  

MultiCare Health System

     

2.80%, 8/15/2050

     120        99  

Providence St. Joseph Health Obligated Group

     

Series H, 2.75%, 10/1/2026

     36        36  

Quest Diagnostics, Inc.

     

3.45%, 6/1/2026

     17        17  

2.80%, 6/30/2031

     95        89  

Texas Health Resources

     

2.33%, 11/15/2050

     140        106  

UnitedHealth Group, Inc.

     

4.63%, 7/15/2035

     34        38  

3.50%, 8/15/2039

     160        159  

3.25%, 5/15/2051

     140        131  

Universal Health Services, Inc.

     

2.65%, 10/15/2030 (a)

     380        345  

Yale-New Haven Health Services Corp.

     

Series 2020, 2.50%, 7/1/2050

     200        156  
     

 

 

 
        4,468  
     

 

 

 

Hotels, Restaurants & Leisure — 0.0% (b)

 

McDonald’s Corp.

     

4.70%, 12/9/2035

     60        65  
     

 

 

 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Household Durables — 0.0% (b)

 

Lennar Corp.

     

4.50%, 4/30/2024

     95        97  
     

 

 

 

Independent Power and Renewable Electricity Producers — 0.2%

 

Alexander Funding Trust

     

1.84%, 11/15/2023 (a)

     200        194  

Constellation Energy Generation LLC

     

3.25%, 6/1/2025

     250        248  

6.25%, 10/1/2039

     100        113  

5.75%, 10/1/2041

     144        156  

Southern Power Co.

     

5.15%, 9/15/2041

     50        53  

Tri-State Generation and Transmission Association, Inc.

     

4.25%, 6/1/2046

     25        25  
     

 

 

 
        789  
     

 

 

 

Industrial Conglomerates — 0.2%

 

GE Capital International Funding Co. Unlimited Co.

     

4.42%, 11/15/2035

     325        349  

Honeywell International, Inc.

     

2.50%, 11/1/2026

     150        148  

Roper Technologies, Inc.

     

1.40%, 9/15/2027

     350        317  

2.00%, 6/30/2030

     160        142  
     

 

 

 
        956  
     

 

 

 

Insurance — 1.2%

 

AIA Group Ltd. (Hong Kong)

     

3.20%, 3/11/2025 (a)

     200        200  

3.90%, 4/6/2028 (a)

     210        215  

3.60%, 4/9/2029 (a)

     200        202  

American Financial Group, Inc.

     

3.50%, 8/15/2026

     100        101  

American International Group, Inc.

     

3.88%, 1/15/2035

     180        183  

Assurant, Inc.

     

4.20%, 9/27/2023

     85        86  

Athene Global Funding

     

0.95%, 1/8/2024 (a)

     363        350  

2.75%, 6/25/2024 (a)

     155        153  

2.50%, 1/14/2025 (a)

     103        100  

1.45%, 1/8/2026 (a)

     370        342  

2.95%, 11/12/2026 (a)

     515        498  

Berkshire Hathaway Finance Corp.

     

4.30%, 5/15/2043

     62        66  

3.85%, 3/15/2052

     210        215  

Brown & Brown, Inc.

     

2.38%, 3/15/2031

     460        404  

Chubb INA Holdings, Inc.

     

2.88%, 11/3/2022

     42        42  

2.70%, 3/13/2023

     120        121  

CNA Financial Corp.

     

3.95%, 5/15/2024

     44        45  

Corebridge Financial, Inc.

     

3.65%, 4/5/2027 (a)

     185        185  

3.85%, 4/5/2029 (a)

     130        130  

Dai-ichi Life Insurance Co. Ltd. (The) (Japan)

     

(ICE LIBOR USD 3 Month + 3.66%), 4.00%, 7/24/2026 (a) (c) (e) (f)

     200        199  

F&G Global Funding

     

1.75%, 6/30/2026 (a)

     185        172  

Guardian Life Insurance Co. of America (The)

     

4.85%, 1/24/2077 (a)

     21        24  

Hanover Insurance Group, Inc. (The)

     

2.50%, 9/1/2030

     120        109  

Hartford Financial Services Group, Inc. (The)

     

4.30%, 4/15/2043

     70        70  

Intact US Holdings, Inc.

     

4.60%, 11/9/2022

     100        101  

Jackson National Life Global Funding

     

3.88%, 6/11/2025 (a)

     87        88  

Liberty Mutual Group, Inc.

     

4.57%, 2/1/2029 (a)

     27        29  

3.95%, 10/15/2050 (a)

     207        195  

Lincoln National Corp.

     

4.00%, 9/1/2023

     50        51  

Markel Corp.

     

3.63%, 3/30/2023

     40        40  

MetLife, Inc.

     

4.13%, 8/13/2042

     28        29  

New York Life Global Funding

     

2.35%, 7/14/2026 (a)

     65        63  

New York Life Insurance Co.

     

4.45%, 5/15/2069 (a)

     105        109  

Northwestern Mutual Global Funding

     

1.70%, 6/1/2028 (a)

     195        179  

Pacific Life Insurance Co.

     

(ICE LIBOR USD 3 Month + 2.80%), 4.30%, 10/24/2067 (a) (c)

     134        124  

Principal Financial Group, Inc.

     

3.13%, 5/15/2023

     30        30  

3.70%, 5/15/2029

     30        31  

Prudential Financial, Inc.

     

3.91%, 12/7/2047

     61        61  

Prudential Insurance Co. of America (The)

     

8.30%, 7/1/2025 (a)

     150        171  

Reliance Standard Life Global Funding II

     

3.85%, 9/19/2023 (a)

     105        106  

Teachers Insurance & Annuity Association of America

     

4.27%, 5/15/2047 (a)

     50        53  
     

 

 

 
        5,672  
     

 

 

 

Internet & Direct Marketing Retail — 0.2%

 

Amazon.com, Inc.

     

3.88%, 8/22/2037

     80        85  

eBay, Inc.

     

2.60%, 5/10/2031

     830        762  
     

 

 

 
        847  
     

 

 

 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

IT Services — 0.2%

 

CGI, Inc. (Canada)

     

2.30%, 9/14/2031 (a)

     370        323  

Fiserv, Inc.

     

3.20%, 7/1/2026

     70        70  

4.40%, 7/1/2049

     65        67  

Global Payments, Inc.

     

3.20%, 8/15/2029

     236        224  

2.90%, 5/15/2030

     48        44  

2.90%, 11/15/2031

     92        84  
     

 

 

 
        812  
     

 

 

 

Leisure Products — 0.1%

 

Hasbro, Inc.

     

3.90%, 11/19/2029

     332        333  
     

 

 

 

Life Sciences Tools & Services — 0.1%

 

Thermo Fisher Scientific, Inc.

     

2.00%, 10/15/2031

     330        296  
     

 

 

 

Machinery — 0.1%

 

nVent Finance SARL (United Kingdom)

     

4.55%, 4/15/2028

     75        77  

Otis Worldwide Corp.

     

2.57%, 2/15/2030

     280        262  

Parker-Hannifin Corp.

     

4.45%, 11/21/2044

     30        31  

4.10%, 3/1/2047

     21        21  

Xylem, Inc.

     

2.25%, 1/30/2031

     110        100  
     

 

 

 
        491  
     

 

 

 

Media — 0.6%

 

Charter Communications Operating LLC

     

5.38%, 4/1/2038

     38        39  

3.50%, 3/1/2042

     195        161  

4.80%, 3/1/2050

     240        228  

3.70%, 4/1/2051

     445        367  

Comcast Cable Holdings LLC

     

10.13%, 4/15/2022

     75        75  

Comcast Corp.

     

3.55%, 5/1/2028

     66        67  

4.25%, 1/15/2033

     167        181  

4.20%, 8/15/2034

     89        95  

3.90%, 3/1/2038

     32        33  

3.25%, 11/1/2039

     130        123  

3.75%, 4/1/2040

     160        162  

4.00%, 11/1/2049

     52        52  

2.89%, 11/1/2051 (a)

     186        157  

2.94%, 11/1/2056 (a)

     101        83  

2.99%, 11/1/2063 (a)

     263        216  

Cox Communications, Inc.

     

3.35%, 9/15/2026 (a)

     67        67  

2.95%, 10/1/2050 (a)

     180        141  

Discovery Communications LLC

     

5.20%, 9/20/2047

     80        83  

4.00%, 9/15/2055

     124        107  

Paramount Global

     

4.00%, 1/15/2026

     42        43  

2.90%, 1/15/2027

     53        51  

Time Warner Cable LLC

     

6.55%, 5/1/2037

     50        58  

7.30%, 7/1/2038

     50        61  

5.50%, 9/1/2041

     100        103  

Time Warner Entertainment Co. LP

     

8.38%, 7/15/2033

     90        117  
     

 

 

 
        2,870  
     

 

 

 

Metals & Mining — 0.4%

 

Glencore Funding LLC (Australia)

     

4.13%, 5/30/2023 (a)

     112        114  

2.50%, 9/1/2030 (a)

     750        671  

Nucor Corp.

     

2.98%, 12/15/2055

     30        25  

Reliance Steel & Aluminum Co.

     

1.30%, 8/15/2025

     600        561  

Steel Dynamics, Inc.

     

1.65%, 10/15/2027

     126        114  

Teck Resources Ltd. (Canada)

     

6.25%, 7/15/2041

     210        251  
     

 

 

 
        1,736  
     

 

 

 

Multiline Retail — 0.1%

 

Dollar General Corp.

     

4.13%, 5/1/2028

     40        41  

Kohl’s Corp.

     

3.38%, 5/1/2031

     402        389  

Nordstrom, Inc.

     

4.25%, 8/1/2031

     300        273  
     

 

 

 
        703  
     

 

 

 

Multi-Utilities — 0.3%

 

Ameren Illinois Co.

     

3.25%, 3/15/2050

     185        169  

CenterPoint Energy, Inc.

     

1.45%, 6/1/2026

     230        213  

CMS Energy Corp.

     

3.88%, 3/1/2024

     110        111  

2.95%, 2/15/2027

     47        46  

Consolidated Edison Co. of New York, Inc.

     

5.70%, 6/15/2040

     38        45  

4.50%, 5/15/2058

     54        57  

Consumers Energy Co.

     

3.25%, 8/15/2046

     19        17  

Delmarva Power & Light Co.

     

4.15%, 5/15/2045

     50        51  

Dominion Energy, Inc.

     

Series B, 2.75%, 9/15/2022

     60        60  

New York State Electric & Gas Corp.

     

3.25%, 12/1/2026 (a)

     50        50  

NiSource, Inc.

     

2.95%, 9/1/2029

     85        81  

1.70%, 2/15/2031

     190        162  

San Diego Gas & Electric Co.

     

5.35%, 5/15/2035

     70        80  

Southern Co. Gas Capital Corp.

     

2.45%, 10/1/2023

     19        19  

3.25%, 6/15/2026

     17        17  

5.88%, 3/15/2041

     96        112  

4.40%, 6/1/2043

     42        42  

3.95%, 10/1/2046

     21        20  

WEC Energy Group, Inc.

     

3.55%, 6/15/2025

     11        11  
     

 

 

 
        1,363  
     

 

 

 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Oil, Gas & Consumable Fuels — 2.1%

 

APT Pipelines Ltd. (Australia)

     

4.20%, 3/23/2025 (a)

     120        122  

4.25%, 7/15/2027 (a)

     73        75  

Boardwalk Pipelines LP

     

3.40%, 2/15/2031

     170        161  

BP Capital Markets America, Inc.

     

3.02%, 1/16/2027

     35        35  

2.77%, 11/10/2050

     130        109  

2.94%, 6/4/2051

     205        175  

3.00%, 3/17/2052

     135        116  

BP Capital Markets plc (United Kingdom)

     

3.51%, 3/17/2025

     15        15  

3.28%, 9/19/2027

     140        142  

Buckeye Partners LP

     

5.85%, 11/15/2043

     100        85  

Cameron LNG LLC

     

3.70%, 1/15/2039 (a)

     188        181  

Cheniere Corpus Christi Holdings LLC

     

3.70%, 11/15/2029

     200        199  

Chevron Corp.

     

2.57%, 5/16/2023

     200        201  

Chevron USA, Inc.

     

3.25%, 10/15/2029

     110        112  

Coterra Energy, Inc.

     

3.90%, 5/15/2027 (a)

     235        237  

Diamondback Energy, Inc.

     

3.25%, 12/1/2026

     145        145  

Eastern Gas Transmission & Storage, Inc.

     

3.90%, 11/15/2049 (a)

     137        134  

Ecopetrol SA (Colombia)

     

5.88%, 9/18/2023

     28        29  

4.13%, 1/16/2025

     33        33  

5.38%, 6/26/2026

     39        39  

Energy Transfer LP

     

4.75%, 1/15/2026

     187        194  

3.90%, 7/15/2026

     24        24  

5.50%, 6/1/2027

     90        97  

4.95%, 5/15/2028

     40        41  

4.15%, 9/15/2029

     102        102  

6.05%, 6/1/2041

     100        111  

6.10%, 2/15/2042

     60        65  

6.00%, 6/15/2048

     235        261  

Eni USA, Inc. (Italy)

     

7.30%, 11/15/2027

     50        59  

Enterprise Products Operating LLC

     

3.90%, 2/15/2024

     25        25  

3.70%, 2/15/2026

     38        38  

7.55%, 4/15/2038

     86        115  

4.45%, 2/15/2043

     87        88  

5.10%, 2/15/2045

     16        17  

3.20%, 2/15/2052

     50        42  

4.95%, 10/15/2054

     6        7  

EQM Midstream Partners LP

     

5.50%, 7/15/2028

     130        131  

EQT Corp.

     

3.90%, 10/1/2027

     60        60  

Equinor ASA (Norway)

     

3.25%, 11/10/2024

     23        23  

2.88%, 4/6/2025

     145        145  

Exxon Mobil Corp.

     

3.00%, 8/16/2039

     405        375  

Flex Intermediate Holdco LLC

     

3.36%, 6/30/2031 (a)

     355        330  

4.32%, 12/30/2039 (a)

     130        121  

Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates)

     

2.94%, 9/30/2040 (a)

     250        226  

Gray Oak Pipeline LLC

     

2.00%, 9/15/2023 (a)

     135        133  

2.60%, 10/15/2025 (a)

     165        158  

3.45%, 10/15/2027 (a)

     372        359  

HollyFrontier Corp.

     

2.63%, 10/1/2023

     255        252  

5.88%, 4/1/2026

     138        144  

Lundin Energy Finance BV (Netherlands)

     

2.00%, 7/15/2026 (a)

     200        186  

Magellan Midstream Partners LP

     

3.20%, 3/15/2025

     14        14  

6.40%, 5/1/2037

     70        84  

Marathon Petroleum Corp.

     

4.70%, 5/1/2025

     156        162  

MPLX LP

     

4.50%, 7/15/2023

     213        217  

4.80%, 2/15/2029

     261        277  

NGPL PipeCo LLC

     

3.25%, 7/15/2031 (a)

     215        201  

ONEOK Partners LP

     

3.38%, 10/1/2022

     8        8  

5.00%, 9/15/2023

     72        74  

6.65%, 10/1/2036

     15        17  

ONEOK, Inc.

     

2.20%, 9/15/2025

     250        239  

Phillips 66 Partners LP

     

3.15%, 12/15/2029

     95        91  

4.90%, 10/1/2046

     37        41  

Pioneer Natural Resources Co.

     

1.90%, 8/15/2030

     270        239  

Plains All American Pipeline LP

     

5.15%, 6/1/2042

     120        116  

4.30%, 1/31/2043

     30        27  

4.70%, 6/15/2044

     110        103  

Sabine Pass Liquefaction LLC

     

5.63%, 3/1/2025

     235        248  

5.00%, 3/15/2027

     450        475  

Spectra Energy Partners LP

     

4.50%, 3/15/2045

     25        26  

Suncor Energy, Inc. (Canada)

     

5.95%, 12/1/2034

     60        69  

6.80%, 5/15/2038

     145        187  

Targa Resources Corp.

     

4.20%, 2/1/2033 (g)

     100        101  

Texas Eastern Transmission LP

     

3.50%, 1/15/2028 (a)

     15        15  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

TotalEnergies Capital International SA (France)

     

2.99%, 6/29/2041

     350        318  

3.46%, 7/12/2049

     145        140  

3.13%, 5/29/2050

     260        237  

TransCanada PipeLines Ltd. (Canada)

     

6.20%, 10/15/2037

     70        86  

4.75%, 5/15/2038

     80        86  

Valero Energy Corp.

     

2.15%, 9/15/2027

     210        196  

7.50%, 4/15/2032

     14        18  
     

 

 

 
        10,386  
     

 

 

 

Personal Products — 0.2%

 

Estee Lauder Cos., Inc. (The)

     

2.60%, 4/15/2030

     404        389  

3.13%, 12/1/2049

     150        140  

GSK Consumer Healthcare Capital US LLC

     

3.63%, 3/24/2032 (a)

     260        260  
     

 

 

 
        789  
     

 

 

 

Pharmaceuticals — 0.6%

 

AstraZeneca plc (United Kingdom)

     

6.45%, 9/15/2037

     50        66  

4.00%, 9/18/2042

     40        42  

2.13%, 8/6/2050

     140        108  

Bristol-Myers Squibb Co.

     

3.90%, 2/20/2028

     100        104  

4.13%, 6/15/2039

     114        122  

2.35%, 11/13/2040

     175        148  

4.55%, 2/20/2048

     47        53  

Mylan, Inc.

     

3.13%, 1/15/2023 (a)

     25        26  

5.40%, 11/29/2043

     21        20  

Royalty Pharma plc

     

0.75%, 9/2/2023

     240        233  

1.20%, 9/2/2025

     98        90  

Shire Acquisitions Investments Ireland DAC

     

2.88%, 9/23/2023

     33        33  

3.20%, 9/23/2026

     234        234  

Takeda Pharmaceutical Co. Ltd. (Japan)

     

3.03%, 7/9/2040

     545        487  

3.18%, 7/9/2050

     225        197  

Utah Acquisition Sub, Inc.

     

3.95%, 6/15/2026

     210        208  

Viatris, Inc.

     

2.30%, 6/22/2027

     589        536  

Zoetis, Inc.

     

2.00%, 5/15/2030

     170        152  
     

 

 

 
        2,859  
     

 

 

 

Road & Rail — 0.4%

 

Burlington Northern Santa Fe LLC

     

5.75%, 5/1/2040

     85        106  

5.40%, 6/1/2041

     126        152  

4.38%, 9/1/2042

     25        27  

5.15%, 9/1/2043

     77        91  

4.70%, 9/1/2045

     35        40  

CSX Corp.

     

5.50%, 4/15/2041

     50        60  

4.75%, 11/15/2048

     108        124  

3.35%, 9/15/2049

     10        9  

ERAC USA Finance LLC

     

7.00%, 10/15/2037 (a)

     160        209  

5.63%, 3/15/2042 (a)

     12        14  

JB Hunt Transport Services, Inc.

     

3.85%, 3/15/2024

     70        71  

3.88%, 3/1/2026

     85        86  

Kansas City Southern

     

4.70%, 5/1/2048

     197        217  

Norfolk Southern Corp.

     

3.95%, 10/1/2042

     70        71  

4.05%, 8/15/2052

     40        42  

Penske Truck Leasing Co. LP

     

3.95%, 3/10/2025 (a)

     25        25  

3.40%, 11/15/2026 (a)

     25        25  

4.20%, 4/1/2027 (a)

     75        77  

Triton Container International Ltd. (Bermuda)

     

1.15%, 6/7/2024 (a)

     270        257  

Union Pacific Corp.

     

4.10%, 9/15/2067

     150        155  
     

 

 

 
        1,858  
     

 

 

 

Semiconductors & Semiconductor Equipment — 0.7%

 

Advanced Micro Devices, Inc.

     

2.38%, 6/1/2030

     623        579  

Analog Devices, Inc.

     

2.80%, 10/1/2041

     227        204  

Broadcom, Inc.

     

1.95%, 2/15/2028 (a)

     592        533  

3.14%, 11/15/2035 (a)

     378        333  

3.19%, 11/15/2036 (a)

     370        321  

Intel Corp.

     

3.10%, 2/15/2060

     50        43  

KLA Corp.

     

3.30%, 3/1/2050

     150        141  

Microchip Technology, Inc.

     

0.97%, 2/15/2024

     330        316  

0.98%, 9/1/2024 (a)

     370        351  

NXP BV (China)

     

2.50%, 5/11/2031 (a)

     360        322  

3.25%, 5/11/2041 (a)

     370        326  
     

 

 

 
        3,469  
     

 

 

 

Software — 0.6%

 

Citrix Systems, Inc.

     

1.25%, 3/1/2026

     75        73  

Microsoft Corp.

     

2.65%, 11/3/2022

     160        162  

2.00%, 8/8/2023

     125        125  

3.50%, 2/12/2035

     68        71  

3.45%, 8/8/2036

     60        62  

2.92%, 3/17/2052

     65        61  

3.04%, 3/17/2062

     40        37  

Oracle Corp.

     

2.50%, 5/15/2022

     52        52  

2.40%, 9/15/2023

     101        101  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

2.30%, 3/25/2028

     370        338  

4.30%, 7/8/2034

     23        23  

3.90%, 5/15/2035

     93        87  

3.85%, 7/15/2036

     107        98  

3.60%, 4/1/2040

     450        391  

3.65%, 3/25/2041

     300        262  

4.00%, 7/15/2046

     110        98  

VMware, Inc.

     

1.40%, 8/15/2026

     404        371  

4.65%, 5/15/2027

     135        141  

Workday, Inc.

     

3.50%, 4/1/2027

     285        285  
     

 

 

 
        2,838  
     

 

 

 

Specialty Retail — 0.2%

 

AutoZone, Inc.

     

1.65%, 1/15/2031

     180        153  

Home Depot, Inc. (The)

     

3.90%, 12/6/2028

     110        115  

Lowe’s Cos., Inc.

     

1.70%, 10/15/2030

     430        376  

2.63%, 4/1/2031

     105        98  

O’Reilly Automotive, Inc.

     

3.55%, 3/15/2026

     80        80  

3.60%, 9/1/2027

     49        50  
     

 

 

 
        872  
     

 

 

 

Technology Hardware, Storage & Peripherals — 0.2%

 

Apple, Inc.

     

2.45%, 8/4/2026

     74        73  

3.45%, 2/9/2045

     82        81  

3.85%, 8/4/2046

     117        124  

3.75%, 9/12/2047

     140        146  

Dell International LLC

     

5.45%, 6/15/2023

     32        33  

6.02%, 6/15/2026

     522        565  

HP, Inc.

     

3.00%, 6/17/2027

     160        156  
     

 

 

 
        1,178  
     

 

 

 

Thrifts & Mortgage Finance — 0.2%

 

BPCE SA (France)

     

4.63%, 7/11/2024 (a)

     200        204  

1.00%, 1/20/2026 (a)

     305        279  

(SOFR + 1.52%), 1.65%, 10/6/2026 (a) (c)

     250        230  

(SOFR + 1.31%), 2.28%, 1/20/2032 (a) (c)

     250        220  

Nationwide Building Society (United Kingdom)

     

1.00%, 8/28/2025 (a)

     200        185  
     

 

 

 
        1,118  
     

 

 

 

Tobacco — 0.3%

 

Altria Group, Inc.

     

2.45%, 2/4/2032

     410        356  

BAT Capital Corp. (United Kingdom)

     

2.26%, 3/25/2028

     210        188  

4.39%, 8/15/2037

     250        233  

3.73%, 9/25/2040

     140        115  

4.54%, 8/15/2047

     60        54  

3.98%, 9/25/2050

     220        178  

BAT International Finance plc (United Kingdom)

     

1.67%, 3/25/2026

     160        147  
     

 

 

 
        1,271  
     

 

 

 

Trading Companies & Distributors — 0.3%

 

Air Lease Corp.

     

2.30%, 2/1/2025

     245        236  

3.25%, 3/1/2025

     48        47  

3.38%, 7/1/2025

     378        372  

2.88%, 1/15/2026

     160        154  

3.25%, 10/1/2029

     220        208  

Aviation Capital Group LLC

     

3.88%, 5/1/2023 (a)

     100        100  

5.50%, 12/15/2024 (a)

     174        180  

International Lease Finance Corp.

     

5.88%, 8/15/2022

     150        152  

WW Grainger, Inc.

     

4.60%, 6/15/2045

     77        85  
     

 

 

 
        1,534  
     

 

 

 

Transportation Infrastructure — 0.1%

 

Sydney Airport Finance Co. Pty. Ltd. (Australia)

     

3.38%, 4/30/2025 (a)

     360        358  
     

 

 

 

Water Utilities — 0.1%

 

American Water Capital Corp.

     

3.45%, 6/1/2029

     35        35  

4.00%, 12/1/2046

     52        53  

3.45%, 5/1/2050

     225        210  
     

 

 

 
        298  
     

 

 

 

Wireless Telecommunication Services — 0.4%

 

America Movil SAB de CV (Mexico)

     

3.63%, 4/22/2029

     200        201  

4.38%, 4/22/2049

     200        211  

Rogers Communications, Inc. (Canada)

     

4.55%, 3/15/2052 (a)

     180        179  

T-Mobile USA, Inc.

     

3.88%, 4/15/2030

     850        853  

Vodafone Group plc (United Kingdom)

     

5.25%, 5/30/2048

     64        72  

4.88%, 6/19/2049

     255        277  
     

 

 

 
        1,793  
     

 

 

 

TOTAL CORPORATE BONDS

(Cost $148,000)

 

 

     140,074  
  

 

 

 

U.S. TREASURY OBLIGATIONS — 23.4%

 

U.S. Treasury Bonds

 

  

3.50%, 2/15/2039

     1,038        1,189  

4.25%, 5/15/2039

     945        1,183  

1.13%, 5/15/2040

     1,220        961  

3.88%, 8/15/2040

     1,975        2,359  

1.88%, 2/15/2041

     1,110        988  

2.25%, 5/15/2041

     4,785        4,518  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

1.75%, 8/15/2041

     515        446  

2.00%, 11/15/2041

     205        185  

3.13%, 11/15/2041

     950        1,024  

2.38%, 2/15/2042

     2,510        2,421  

2.75%, 8/15/2042

     1,800        1,830  

2.75%, 11/15/2042

     2,345        2,381  

3.13%, 2/15/2043

     500        538  

2.88%, 5/15/2043

     1,590        1,646  

3.63%, 8/15/2043

     350        406  

3.75%, 11/15/2043

     514        608  

3.63%, 2/15/2044

     645        750  

3.38%, 5/15/2044

     1,000        1,123  

3.00%, 11/15/2044

     663        703  

2.50%, 2/15/2045

     2,000        1,948  

2.88%, 8/15/2045

     570        594  

3.00%, 11/15/2045

     1,000        1,066  

2.25%, 8/15/2046

     3,104        2,903  

3.00%, 2/15/2047

     28        30  

3.00%, 2/15/2048

     90        98  

3.13%, 5/15/2048

     176        197  

2.88%, 5/15/2049

     160        172  

2.25%, 8/15/2049

     1,095        1,041  

2.38%, 11/15/2049

     1,365        1,335  

2.00%, 2/15/2050

     740        667  

1.25%, 5/15/2050

     197        147  

1.38%, 8/15/2050

     140        108  

1.63%, 11/15/2050

     2,240        1,836  

1.88%, 2/15/2051

     3,839        3,354  

2.38%, 5/15/2051

     1,100        1,078  

2.00%, 8/15/2051

     1,215        1,096  

1.88%, 11/15/2051

     5,100        4,475  

2.25%, 2/15/2052

     2,125        2,038  

U.S. Treasury Inflation Indexed Bonds

 

  

3.63%, 4/15/2028

     300        660  

2.50%, 1/15/2029

     100        160  

U.S. Treasury Notes

 

  

1.63%, 8/31/2022

     1,000        1,003  

1.75%, 9/30/2022

     150        151  

1.50%, 2/28/2023

     525        524  

1.75%, 5/15/2023

     3,079        3,075  

2.75%, 5/31/2023

     46        46  

2.50%, 8/15/2023

     600        603  

1.38%, 8/31/2023

     700        693  

1.63%, 10/31/2023

     2,000        1,983  

2.13%, 2/29/2024

     94        94  

2.50%, 5/15/2024

     30        30  

2.00%, 6/30/2024

     10        10  

2.25%, 11/15/2024

     112        111  

1.75%, 12/31/2024

     2,766        2,710  

2.00%, 2/15/2025

     1,000        986  

2.88%, 4/30/2025

     146        148  

2.13%, 5/15/2025

     575        568  

2.88%, 5/31/2025

     318        321  

2.00%, 8/15/2025

     729        716  

2.25%, 11/15/2025

     610        604  

0.38%, 1/31/2026

     650        599  

1.63%, 2/15/2026

     59        57  

0.50%, 2/28/2026

     4,645        4,293  

2.50%, 2/28/2026

     160        160  

0.75%, 4/30/2026

     100        93  

0.88%, 6/30/2026

     3,965        3,703  

1.50%, 8/15/2026

     28        27  

0.88%, 9/30/2026

     180        168  

2.00%, 11/15/2026

     84        82  

1.75%, 12/31/2026

     2,082        2,015  

1.50%, 1/31/2027

     74        71  

2.25%, 2/15/2027

     293        290  

0.38%, 9/30/2027

     1,160        1,036  

2.75%, 2/15/2028

     65        66  

1.25%, 3/31/2028

     2,475        2,309  

2.88%, 5/15/2028

     991        1,014  

1.25%, 6/30/2028

     3,938        3,663  

1.00%, 7/31/2028

     3,000        2,745  

1.88%, 2/28/2029

     3,100        2,992  

1.75%, 11/15/2029

     265        254  

1.50%, 2/15/2030

     389        365  

0.63%, 8/15/2030

     280        243  

0.88%, 11/15/2030

     2,050        1,815  

1.63%, 5/15/2031

     805        758  

1.25%, 8/15/2031

     250        227  

1.38%, 11/15/2031

     840        771  

U.S. Treasury STRIPS Bonds

 

  

2.89%, 5/15/2022 (h)

     760        760  

3.38%, 8/15/2022 (h)

     75        75  

1.96%, 11/15/2022 (h)

     750        744  

3.23%, 2/15/2023 (h)

     2,690        2,653  

2.83%, 5/15/2023 (h)

     2,420        2,372  

2.37%, 8/15/2023 (h)

     1,890        1,838  

2.85%, 11/15/2023 (h)

     173        167  

1.78%, 2/15/2024 (h)

     327        313  

3.55%, 11/15/2024 (h)

     110        103  

4.09%, 2/15/2025 (h)

     50        47  

5.57%, 5/15/2026 (h)

     100        90  

3.80%, 8/15/2026 (h)

     23        21  

3.92%, 11/15/2026 (h)

     250        223  

4.56%, 2/15/2027 (h)

     300        266  

4.00%, 5/15/2027 (h)

     725        639  

3.58%, 8/15/2027 (h)

     250        219  

4.37%, 11/15/2027 (h)

     710        618  

3.32%, 2/15/2028 (h)

     27        23  

3.16%, 5/15/2028 (h)

     140        120  

8.39%, 8/15/2028 (h)

     50        43  

4.54%, 2/15/2029 (h)

     658        556  

1.63%, 8/15/2029 (h)

     3,400        2,838  

4.27%, 11/15/2029 (h)

     200        166  

5.28%, 5/15/2030 (h)

     300        246  

4.37%, 8/15/2030 (h)

     300        244  

3.92%, 11/15/2030 (h)

     500        405  

5.02%, 2/15/2031 (h)

     350        282  

4.29%, 5/15/2031 (h)

     275        220  

3.57%, 11/15/2031 (h)

     760        600  

4.14%, 2/15/2032 (h)

     350        275  

4.65%, 11/15/2032 (h)

     800        615  

4.17%, 2/15/2033 (h)

     400        305  

4.29%, 5/15/2033 (h)

     1,175        891  

7.15%, 8/15/2033 (h)

     100        75  

4.82%, 11/15/2033 (h)

     1,025        767  

4.31%, 2/15/2034 (h)

     775        576  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

3.60%, 11/15/2034 (h)

     50       36  

3.56%, 2/15/2035 (h)

     65       47  

3.88%, 5/15/2035 (h)

     250       180  

2.49%, 11/15/2041 (h)

     100       58  
    

 

 

 

TOTAL U.S. TREASURY OBLIGATIONS

(Cost $119,880)

 

 

    115,170  
 

 

 

 

MORTGAGE-BACKED SECURITIES — 18.5%

 

FHLMC

 

 

Pool # 611141, ARM, 2.23%, 1/1/2027 (i)

     9       9  

Pool # 846812, ARM, 2.38%, 4/1/2030 (i)

     2       2  

Pool # 1B1665, ARM, 2.05%, 4/1/2034 (i)

     8       8  

Pool # 1B2844, ARM, 2.01%, 3/1/2035 (i)

     18       18  

Pool # 1B3209, ARM, 2.04%, 1/1/2037 (i)

     9       9  

FHLMC Gold Pools, 30 Year

 

 

Pool # G00981, 8.50%, 7/1/2028

     1       1  

Pool # C00785, 6.50%, 6/1/2029

     5       6  

Pool # C01292, 6.00%, 2/1/2032

     3       4  

Pool # A13625, 5.50%, 10/1/2033

     21       23  

Pool # A28796, 6.50%, 11/1/2034

     6       7  

Pool # A46417, 7.00%, 4/1/2035

     31       34  

Pool # V83115, 4.50%, 3/1/2047

     489       514  

Pool # Q48338, 4.50%, 5/1/2047

     41       43  

Pool # G61060, 4.50%, 6/1/2047

     757       795  

FHLMC Gold Pools, Other

 

 

Pool # P20570, 7.00%, 7/1/2029

     27       29  

Pool # U80265, 3.50%, 4/1/2033

     231       235  

Pool # U90690, 3.50%, 6/1/2042

     207       211  

Pool # U90975, 4.00%, 6/1/2042

     92       96  

Pool # U99134, 4.00%, 1/1/2046

     157       164  

FHLMC UMBS, 30 Year

 

 

Pool # RA2008, 4.00%, 1/1/2050

     333       344  

Pool # QB1284, 3.50%, 7/1/2050

     685       688  

Pool # QB1248, 4.00%, 7/1/2050

     703       728  

Pool # RA6702, 3.00%, 2/1/2052

     995       973  

FNMA

 

 

Pool # 303532, ARM, 3.85%, 3/1/2029 (i)

     —  (j)      —  (j) 

Pool # 745446, ARM, 2.42%, 4/1/2033 (i)

     12       12  

Pool # 722985, ARM, 2.15%, 7/1/2033 (i)

     12       12  

Pool # 766610, ARM, 1.96%, 1/1/2034 (i)

     11       11  

Pool # 735332, ARM, 2.28%, 8/1/2034 (i)

     19       20  

Pool # 735740, ARM, 1.99%, 10/1/2034 (i)

     10       10  

Pool # 810896, ARM, 1.73%, 1/1/2035 (i)

     42       45  

Pool # 823660, ARM, 1.97%, 5/1/2035 (i)

     22       22  

FNMA UMBS, 15 Year

 

 

Pool # 899316, 5.50%, 4/1/2022

     —  (j)      —  (j) 

Pool # 928637, 6.00%, 9/1/2022

     —  (j)      —  (j) 

Pool # 949415, 4.50%, 3/1/2023

     1       1  

Pool # 962871, 4.50%, 5/1/2023

     1       2  

FNMA UMBS, 20 Year

 

 

Pool # 254305, 6.50%, 5/1/2022

     —  (j)      —  (j) 

Pool # 555791, 6.50%, 12/1/2022

     —  (j)      —  (j) 

Pool # 762498, 5.00%, 11/1/2023

     18       19  

Pool # 255609, 4.50%, 1/1/2025

     3       4  

Pool # FM1345, 4.50%, 11/1/2038

     615       640  

FNMA UMBS, 30 Year

 

 

Pool # 250375, 6.50%, 9/1/2025

     1       1  

Pool # 689977, 8.00%, 3/1/2027

     7       8  

Pool # 755973, 8.00%, 11/1/2028

     13       14  

Pool # 252211, 6.00%, 1/1/2029

     1       1  

Pool # 524949, 7.50%, 3/1/2030

     5       5  

Pool # 622534, 3.00%, 9/1/2031

     90       88  

Pool # 788150, 6.00%, 3/1/2032

     12       13  

Pool # 545639, 6.50%, 4/1/2032

     25       27  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Pool # 674349, 6.00%, 3/1/2033

     5        5  

Pool # AD0755, 7.00%, 6/1/2035

     324        362  

Pool # 833039, 5.00%, 9/1/2035

     13        14  

Pool # 745932, 6.50%, 11/1/2036

     30        32  

Pool # 944831, 5.50%, 2/1/2038

     4        4  

Pool # 961799, 5.50%, 3/1/2038

     2        2  

Pool # 985558, 5.50%, 6/1/2038

     1        1  

Pool # AL3438, 6.50%, 10/1/2038

     282        303  

Pool # AA4236, 4.50%, 4/1/2039

     114        120  

Pool # 935241, 4.50%, 5/1/2039

     3        3  

Pool # MA2535, 4.50%, 2/1/2046

     175        184  

Pool # BH4683, 4.00%, 6/1/2047

     240        248  

Pool # BH4684, 4.00%, 6/1/2047

     234        241  

Pool # BH4685, 4.00%, 6/1/2047

     218        228  

Pool # BK9030, 5.00%, 10/1/2048

     217        229  

Pool # BM5430, 5.00%, 1/1/2049

     384        413  

Pool # BN5899, 5.00%, 2/1/2049

     80        84  

Pool # BK8745, 4.50%, 4/1/2049

     260        270  

Pool # BN4707, 5.00%, 4/1/2049

     275        294  

Pool # FM1939, 4.50%, 5/1/2049

     223        231  

Pool # CA3713, 5.00%, 6/1/2049

     212        224  

Pool # BN6475, 4.00%, 7/1/2049

     120        123  

Pool # BO2170, 4.00%, 7/1/2049

     216        221  

Pool # BO2305, 4.00%, 7/1/2049

     67        69  

Pool # BK8758, 4.50%, 7/1/2049

     329        347  

Pool # BO5625, 3.50%, 8/1/2049

     672        690  

Pool # BP4357, 3.00%, 2/1/2050

     842        850  

Pool # BU1805, 2.50%, 12/1/2051

     1,428        1,369  

Pool # CB2637, 2.50%, 1/1/2052

     1,062        1,014  

Pool # CB2670, 3.00%, 1/1/2052

     946        930  

FNMA, 30 Year

 

  

Pool # 506427, 9.00%, 4/1/2025

     5        5  

Pool # 535442, 8.50%, 6/1/2030

     1        1  

FNMA, Other

 

  

Pool # AM1619, 2.34%, 12/1/2022

     231        231  

Pool # AM3244, 2.52%, 5/1/2023

     1,000        1,003  

Pool # AN0029, 3.10%, 9/1/2025

     946        953  

Pool # AM4660, 3.77%, 12/1/2025

     284        292  

Pool # AN0890, 2.63%, 3/1/2026

     463        460  

Pool # AM6381, 3.29%, 8/1/2026

     972        985  

Pool # AM7321, 3.12%, 11/1/2026

     925        938  

Pool # AM7515, 3.34%, 2/1/2027

     1,000        1,018  

Pool # AN1600, 2.59%, 6/1/2028

     838        827  

Pool # AN9686, 3.52%, 6/1/2028

     500        521  

Pool # 109452, 3.64%, 8/1/2028

     952        955  

Pool # 405220, 6.00%, 9/1/2028

     3        3  

Pool # BL5798, 2.47%, 12/1/2028

     1,236        1,207  

Pool # BL1040, 3.81%, 12/1/2028

     300        317  

Pool # BL4435, 2.42%, 10/1/2029

     700        680  

Pool # AN6846, 2.93%, 10/1/2029

     1,100        1,105  

Pool # BL4333, 2.52%, 11/1/2029

     1,074        1,051  

Pool # BS0448, 1.27%, 12/1/2029

     1,275        1,145  

Pool # AN9976, 3.96%, 2/1/2030

     1,200        1,278  

Pool # BL6267, 2.01%, 4/1/2030

     1,350        1,271  

Pool # AM8692, 3.03%, 4/1/2030

     650        652  

Pool # AM8544, 3.08%, 4/1/2030

     464        469  

Pool # BL6386, 2.02%, 8/1/2030

     1,059        993  

Pool # BL9251, 1.45%, 10/1/2030

     1,200        1,078  

Pool # BL9645, 1.50%, 1/1/2031

     1,100        987  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

Pool # BL9627, 1.56%, 1/1/2031

     1,300       1,172  

Pool # BS4313, 1.98%, 1/1/2032

     1,985       1,838  

Pool # 754922, 5.50%, 9/1/2033

     22       23  

Pool # 847108, 6.50%, 10/1/2035

     53       56  

Pool # AL9678, 4.00%, 2/1/2036

     639       639  

Pool # AN1330, 3.19%, 3/1/2036

     983       990  

Pool # 257172, 5.50%, 4/1/2038

     3       3  

Pool # AO9352, 4.00%, 7/1/2042

     127       132  

Pool # MA1125, 4.00%, 7/1/2042

     143       148  

Pool # MA1178, 4.00%, 9/1/2042

     76       79  

Pool # MA1437, 3.50%, 5/1/2043

     250       255  

Pool # AL6167, 3.50%, 1/1/2044

     273       279  

Pool # MA2545, 3.50%, 2/1/2046

     455       463  

Pool # MA2793, 3.50%, 10/1/2046

     197       201  

Pool # BF0230, 5.50%, 1/1/2058

     1,438       1,612  

Pool # BF0464, 3.50%, 3/1/2060

     942       951  

Pool # BF0497, 3.00%, 7/1/2060

     791       782  

FNMA/FHLMC UMBS, Single Family, 30 Year

 

 

TBA, 3.00%, 4/25/2052 (g)

     20,075       19,636  

GNMA I, 30 Year

 

 

Pool # 326977, 7.50%, 5/15/2023

     1       1  

Pool # 359588, 7.50%, 6/15/2023

     —  (j)      —  (j) 

Pool # 782507, 9.50%, 10/15/2024

     —  (j)      —  (j) 

Pool # 405535, 7.00%, 12/15/2025

     —  (j)      —  (j) 

Pool # 412336, 8.00%, 10/15/2027

     1       1  

Pool # 451507, 8.00%, 10/15/2027

     2       2  

Pool # 412369, 7.00%, 11/15/2027

     1       1  

Pool # 467705, 6.50%, 3/15/2028

     1       1  

Pool # 472679, 7.00%, 6/15/2028

     2       2  

Pool # 486537, 7.50%, 9/15/2028

     2       2  

Pool # 781614, 7.00%, 6/15/2033

     4       5  

Pool # 617653, 6.00%, 5/15/2037

     28       29  

Pool # 678574, 5.50%, 6/15/2038

     564       630  

Pool # 681554, 5.50%, 7/15/2038

     525       586  

Pool # 678169, 5.50%, 9/15/2038

     334       373  

Pool # 681568, 5.50%, 9/15/2038

     552       617  

Pool # 694458, 6.00%, 10/15/2038

     5       5  

Pool # 782510, 6.50%, 12/15/2038

     14       15  

GNMA II

 

 

Pool # CE5524, ARM, 2.41%, 8/20/2071 (i)

     1,041       1,111  

Pool # CK2783, ARM, 2.39%, 2/20/2072 (i)

     1,191       1,267  

GNMA II, 30 Year

 

 

Pool # 2006, 8.50%, 5/20/2025

     —  (j)      —  (j) 

Pool # 2324, 8.00%, 11/20/2026

     10       10  

Pool # 2341, 7.50%, 12/20/2026

     1       1  

Pool # 2362, 8.00%, 1/20/2027

     1       1  

Pool # BJ9823, 3.75%, 4/20/2048

     1,471       1,528  

Pool # BP4337, 4.50%, 9/20/2049

     573       612  

Pool # BP5551, 4.50%, 9/20/2049

     437       465  

Pool # BR0553, 4.50%, 2/20/2050

     463       493  

Pool # BS7393, 4.00%, 3/20/2050

     594       614  

Pool # BT8093, 3.50%, 4/20/2050

     1,057       1,088  

Pool # BS7411, 4.00%, 4/20/2050

     1,149       1,189  

Pool # BT4341, 3.00%, 7/20/2050

     1,355       1,341  

Pool # MA7534, 2.50%, 8/20/2051

     10,326       10,028  

Pool # MA7649, 2.50%, 10/20/2051

     2,495       2,424  

Pool # CL1821, 3.50%, 2/20/2052

     799       803  

Pool # CK1634, 4.00%, 2/20/2052

     998       1,045  

GNMA II, Other

 

 

Pool # AD0018, 3.75%, 12/20/2032

     93       96  
    

 

 

 

TOTAL MORTGAGE-BACKED SECURITIES

(Cost $94,575)

 

 

    91,071  
 

 

 

 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

ASSET-BACKED SECURITIES — 11.9%

 

ACC Trust

 

  

Series 2022-1, Class B, 2.55%, 2/20/2025 (a)

     1,000        979  

Air Canada Pass-Through Trust (Canada)

 

  

Series 2013-1, Class A, 4.13%, 5/15/2025 (a)

     93        91  

Series 2015-1, Class A, 3.60%, 3/15/2027 (a)

     69        67  

Series 2017-1, Class AA, 3.30%, 1/15/2030 (a)

     213        203  

Series 2017-1, Class A, 3.55%, 1/15/2030 (a)

     152        143  

American Airlines Pass-Through Trust

 

  

Series 2014-1, Class A, 3.70%, 10/1/2026

     31        30  

Series 2016-3, Class AA, 3.00%, 10/15/2028

     183        170  

Series 2017-1, Class AA, 3.65%, 2/15/2029

     122        118  

American Homes 4 Rent

 

  

Series 2015-SFR1, Class D, 4.41%, 4/17/2052 (a)

     380        379  

Series 2015-SFR1, Class E, 5.64%, 4/17/2052 (a)

     100        102  

American Homes 4 Rent Trust

 

  

Series 2014-SFR2, Class A, 3.79%, 10/17/2036 (a)

     391        391  

Series 2014-SFR2, Class C, 4.71%, 10/17/2036 ‡ (a)

     200        201  

Series 2014-SFR3, Class A, 3.68%, 12/17/2036 (a)

     216        215  

Series 2014-SFR3, Class E, 6.42%, 12/17/2036 ‡ (a)

     200        206  

Series 2015-SFR2, Class C, 4.69%, 10/17/2052 ‡ (a)

     200        203  

American Tower Trust #1

 

  

REIT, 3.07%, 3/15/2023 (a)

     80        80  

REIT, 3.65%, 3/23/2028 (a)

     160        161  

AMSR Trust

 

  

Series 2020-SFR1, Class E, 3.22%, 4/17/2037 (a)

     850        813  

Series 2020-SFR2, Class C, 2.53%, 7/17/2037 ‡ (a)

     1,000        952  

Series 2020-SFR3, Class E2, 2.76%, 9/17/2037 ‡ (a)

     750        698  

Series 2020-SFR4, Class C, 1.86%, 11/17/2037 ‡ (a)

     1,000        928  

British Airways Pass-Through Trust (United Kingdom)

 

  

Series 2018-1, Class AA, 3.80%, 9/20/2031 (a)

     67        66  

Series 2018-1, Class A, 4.13%, 9/20/2031 (a)

     90        86  

Series 2019-1, Class AA, 3.30%, 12/15/2032 (a)

     139        131  

Business Jet Securities LLC

 

  

Series 2019-1, Class A, 4.21%, 7/15/2034 (a)

     340        322  

Series 2020-1A, Class A, 2.98%, 11/15/2035 (a)

     757        729  

Series 2021-1A, Class A, 2.16%, 4/15/2036 (a)

     762        709  

Camillo Issuer LLC

 

  

Series 2016-SFR, Class 1-A-1, 5.00%, 12/5/2023 ‡

     351        356  

Cars Net Lease Mortgage Notes

 

  

Series 2020-1A, Class A3, 3.10%, 12/15/2050 (a)

     159        150  

Carvana Auto Receivables Trust

 

  

Series 2019-2A, Class C, 3.00%, 6/17/2024 (a)

     389        390  

Series 2019-3A, Class C, 2.71%, 10/15/2024 (a)

     875        876  

Series 2019-4A, Class D, 3.07%, 7/15/2025 (a)

     940        939  

Series 2020-N1A, Class D, 3.43%, 1/15/2026 (a)

     1,000        1,003  

CFIN Issuer LLC

 

  

Series 2022-RTL1, Class AA, 3.25%, 2/16/2026 ‡ (a)

     1,000        1,000  

CIG Auto Receivables Trust

 

  

Series 2020-1A, Class C, 1.75%, 1/12/2026 (a)

     1,000        991  

Consumer Receivables Asset Investment Trust

 

  

Series 2021-1, Class A1X, 3.26%, 3/24/2023 (a) (i)

     1,670        1,652  

CoreVest American Finance Trust

 

  

Series 2019-2, Class D, 4.22%, 6/15/2052 ‡ (a)

     500        477  

Series 2019-3, Class B, 3.16%, 10/15/2052 ‡ (a)

     700        662  

Series 2020-3, Class B, 2.20%, 8/15/2053 ‡ (a)

     810        707  

Credit Acceptance Auto Loan Trust

 

  

Series 2020-1A, Class B, 2.39%, 4/16/2029 (a)

     645        637  

Credit Suisse ABS Trust

 

  

Series 2020-AT1, Class A, 2.61%, 10/15/2026 (a)

     413        405  

Crown Castle Towers LLC

 

  

3.66%, 5/15/2025 (a)

     60        60  

CWABS, Inc. Asset-Backed Certificates

 

  

Series 2004-1, Class M1, 1.21%, 3/25/2034 ‡ (i)

     6        5  

Series 2004-1, Class M2, 1.28%, 3/25/2034 (i)

     5        5  

Series 2004-1, Class 3A, 1.02%, 4/25/2034 ‡ (i)

     1        1  

DataBank Issuer

 

  

Series 2021-1A, Class A2, 2.06%, 2/27/2051 (a)

     650        604  

Delta Air Lines Pass-Through Trust

 

  

Series 2015-1, Class AA, 3.63%, 7/30/2027

     287        284  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Diversified Abs Phase III LLC

 

  

4.88%, 4/28/2039 ‡

     1,400        1,400  

Drive Auto Receivables Trust

 

  

Series 2019-4, Class C, 2.51%, 11/17/2025

     190        191  

Series 2019-1, Class D, 4.09%, 6/15/2026

     151        152  

Series 2020-2, Class D, 3.05%, 5/15/2028

     1,000        1,002  

DT Auto Owner Trust

 

  

Series 2019-4A, Class C, 2.73%, 7/15/2025 (a)

     452        452  

Series 2020-2A, Class B, 2.08%, 3/16/2026 (a)

     797        798  

Exeter Automobile Receivables Trust

 

  

Series 2019-4A, Class C, 2.44%, 9/16/2024 (a)

     193        193  

Series 2019-3A, Class D, 3.11%, 8/15/2025 (a)

     590        591  

Series 2019-4A, Class D, 2.58%, 9/15/2025 (a)

     1,315        1,311  

FirstKey Homes Trust

 

  

Series 2020-SFR1, Class D, 2.24%, 8/17/2037 ‡ (a)

     800        744  

Series 2020-SFR1, Class E, 2.79%, 8/17/2037 ‡ (a)

     500        466  

Series 2020-SFR2, Class E, 2.67%, 10/19/2037 ‡ (a)

     850        782  

Series 2021-SFR1, Class E1, 2.39%, 8/17/2038 ‡ (a)

     1,200        1,081  

FMC GMSR Issuer Trust

 

  

Series 2021-GT1, Class A, 3.62%, 7/25/2026 (a) (i)

     1,000        937  

Series 2021-GT2, Class A, 3.85%, 10/25/2026 (a) (i)

     850        786  

FNMA, Grantor Trust

 

  

Series 2017-T1, Class A, 2.90%, 6/25/2027

     427        428  

Foundation Finance Trust

 

  

Series 2020-1A, Class A, 3.54%, 7/16/2040 (a)

     424        425  

FREED ABS Trust

 

  

Series 2020-FP1, Class B, 3.06%, 3/18/2027 ‡ (a)

     336        336  

Gold Key Resorts LLC

 

  

Series 2014-A, Class A, 3.22%, 3/17/2031 (a)

     4        4  

Goodgreen

 

  

Series 2019-2A, Class A, 2.76%, 4/15/2055 (a)

     299        285  

Goodgreen Trust

 

  

Series 2017-1A, Class A, 3.74%, 10/15/2052 (a)

     40        39  

Series 2017-2A, Class A, 3.26%, 10/15/2053 (a)

     166        160  

HERO (Cayman Islands)

 

  

Series 2018-1ASI, Class A, 4.00%, 9/20/2047 (a)

     8        8  

HERO Funding (Cayman Islands)

 

  

Series 2017-3A, Class A2, 3.95%, 9/20/2048 (a)

     116        115  

HERO Funding Trust (Cayman Islands)

 

  

Series 2016-3A, Class A1, 3.08%, 9/20/2042 (a)

     28        27  

Series 2017-1A, Class A2, 4.46%, 9/20/2047 (a)

     85        87  

Hilton Grand Vacations Trust

 

  

Series 2017-AA, Class A, 2.66%, 12/26/2028 (a)

     44        44  

Long Beach Mortgage Loan Trust

 

  

Series 2003-4, Class M1, 1.48%, 8/25/2033 ‡ (i)

     9        9  

Series 2004-1, Class M1, 1.21%, 2/25/2034 ‡ (i)

     31        30  

Mariner Finance Issuance Trust

 

  

Series 2019-AA, Class A, 2.96%, 7/20/2032 (a)

     925        920  

Mercury Financial Credit Card Master Trust

 

  

Series 2021-1A, Class A, 1.54%, 3/20/2026 (a)

     560        543  

MVW LLC

 

  

Series 2019-2A, Class B, 2.44%, 10/20/2038 ‡ (a)

     353        342  

MVW Owner Trust

 

  

Series 2019-1A, Class A, 2.89%, 11/20/2036 (a)

     87        86  

New Century Home Equity Loan Trust

 

  

Series 2005-1, Class M1, 1.13%, 3/25/2035 ‡ (i)

     37        37  

NMEF Funding LLC

 

  

Series 2019-A, Class B, 3.06%, 8/17/2026 ‡ (a)

     708        709  

NRZ Excess Spread-Collateralized Notes

 

  

Series 2020-PLS1, Class A, 3.84%, 12/25/2025 (a)

     717        697  

Series 2021-FHT1, Class A, 3.10%, 7/25/2026 (a)

     1,511        1,428  

Series 2021-GNT1, Class A, 3.47%, 11/25/2026 (a)

     950        913  

OneMain Direct Auto Receivables Trust

 

  

Series 2018-1A, Class B, 3.71%, 4/14/2025 (a)

     175        175  

Oportun Funding LLC

 

  

Series 2020-1, Class A, 2.20%, 5/15/2024 (a)

     11        11  

Oportun Funding XIII LLC

 

  

Series 2019-A, Class A, 3.08%, 8/8/2025 (a)

     560        561  

Pagaya AI Debt Selection Trust

 

  

Series 2021-1, Class A, 1.18%, 11/15/2027 (a)

     1,130        1,115  

PRET LLC

 

  

Series 2021-NPL6, Class A1, 2.49%, 7/25/2051 ‡ (a) (d)

     991        961  

Series 2021-RN4, Class A1, 2.49%, 10/25/2051 (a) (i)

     1,701        1,652  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Pretium Mortgage Credit Partners I LLC

 

  

Series 2021-NPL1, Class A1, 2.24%, 9/27/2060 ‡ (a) (d)

     965        929  

Progress Residential Trust

 

  

Series 2022-SFR2, Class A, 2.95%, 4/17/2027

     550        524  

Series 2022-SFR2, Class E1, 4.55%, 4/17/2027

     700        665  

Series 2019-SFR4, Class D, 3.14%, 10/17/2036 ‡ (a)

     800        773  

Series 2020-SFR1, Class E, 3.03%, 4/17/2037 ‡ (a)

     900        854  

Renew (Cayman Islands)

 

  

Series 2017-1A, Class A, 3.67%, 9/20/2052 (a)

     39        38  

Santander Drive Auto Receivables Trust

 

  

Series 2019-2, Class C, 2.90%, 10/15/2024

     42        42  

Sierra Timeshare Receivables Funding LLC

 

  

Series 2019-3A, Class C, 3.00%, 8/20/2036 ‡ (a)

     281        274  

Series 2020-2A, Class A, 1.33%, 7/20/2037 (a)

     344        330  

Small Business Lending Trust

 

  

Series 2020-A, Class B, 3.20%, 12/15/2026 ‡ (a)

     2,014        2,013  

Spirit Airlines Pass-Through Trust

 

  

Series 2017-1, Class AA, 3.38%, 2/15/2030

     48        45  

Synchrony Card Funding LLC

 

  

Series 2019-A2, Class A, 2.34%, 6/15/2025

     850        852  

Tricolor Auto Securitization Trust

 

  

Series 2020-1A, Class A, 4.88%, 11/15/2026 (a)

     222        222  

Tricon Residential Trust

 

  

Series 2022-SFR1, Class D, 4.75%, 4/17/2039 (a) (g)

     459        460  

United Airlines Pass-Through Trust

 

  

Series 2012-1, Class A, 4.15%, 4/11/2024

     111        112  

Series 2013-1, Class A, 4.30%, 8/15/2025

     126        125  

Series 2016-1, Class B, 3.65%, 1/7/2026

     43        41  

Series 2018-1, Class B, 4.60%, 3/1/2026

     95        87  

Series 2014-1, Class A, 4.00%, 4/11/2026

     46        46  

Series 2016-2, Class AA, 2.88%, 10/7/2028

     76        72  

Series 2016-2, Class A, 3.10%, 10/7/2028

     244        223  

Series 2018-1, Class A, 3.70%, 3/1/2030

     338        316  

Series 2019-1, Class AA, 4.15%, 8/25/2031

     223        225  

Series 2019-2, Class AA, 2.70%, 5/1/2032

     208        190  

VOLT CI LLC

 

  

Series 2021-NP10, Class A1, 1.99%, 5/25/2051 (a) (d)

     577        561  

VOLT XCII LLC

 

  

Series 2021-NPL1, Class A1, 1.89%, 2/27/2051 (a) (d)

     373        362  

VOLT XCIII LLC

 

  

Series 2021-NPL2, Class A1, 1.89%, 2/27/2051 ‡ (a) (d)

     1,305        1,265  

VOLT XCIV LLC

 

  

Series 2021-NPL3, Class A1, 2.24%, 2/27/2051 (a) (d)

     907        871  

VOLT XCIX LLC

 

  

Series 2021-NPL8, Class A1, 2.12%, 4/25/2051 ‡ (a) (d)

     477        456  

VOLT XCV LLC

 

  

Series 2021-NPL4, Class A1, 2.24%, 3/27/2051 ‡ (a) (d)

     599        578  

VOLT XCVI LLC

 

  

Series 2021-NPL5, Class A1, 2.12%, 3/27/2051 (a) (d)

     726        707  

VOLT XCVII LLC

 

  

Series 2021-NPL6, Class A1, 2.24%, 4/25/2051 (a) (d)

     738        714  

Westgate Resorts LLC

 

  

Series 2020-1A, Class B, 3.96%, 3/20/2034 ‡ (a)

     359        361  
     

 

 

 

TOTAL ASSET-BACKED SECURITIES

(Cost $60,487)

 

 

     58,743  
  

 

 

 

COLLATERALIZED MORTGAGE OBLIGATIONS — 6.6%

 

Alternative Loan Trust

 

  

Series 2004-2CB, Class 1A9, 5.75%, 3/25/2034

     475        484  

Series 2005-22T1, Class A2, IF, IO, 4.61%, 6/25/2035 ‡ (i)

     287        31  

Series 2005-20CB, Class 3A8, IF, IO, 4.29%, 7/25/2035 ‡ (i)

     149        13  

Series 2005-28CB, Class 1A4, 5.50%, 8/25/2035

     193        188  

Series 2005-54CB, Class 1A11, 5.50%, 11/25/2035

     73        64  

Banc of America Alternative Loan Trust

 

  

Series 2004-6, Class 15, PO, 7/25/2019 ‡

     1        1  

Banc of America Funding Trust

 

  

Series 2004-1, PO, 3/25/2034 ‡

     9        6  

Series 2005-6, Class 2A7, 5.50%, 10/25/2035

     57        56  

Series 2005-7, Class 30, PO, 11/25/2035 ‡

     8        8  

Bayview Financing Trust

 

  

Series 2020-3F, Class A, 3.08%, 11/10/2022 ‡ (a) (i)

     403        403  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

Bear Stearns ARM Trust

 

 

Series 2003-7, Class 3A, 2.48%, 10/25/2033 (i)

     5       5  

Series 2006-1, Class A1, 2.40%, 2/25/2036 (i)

     29       30  

CHL Mortgage Pass-Through Trust

 

 

Series 2004-HYB1, Class 2A, 2.68%, 5/20/2034 (i)

     7       7  

Series 2004-HYB3, Class 2A, 1.98%, 6/20/2034 (i)

     10       10  

Series 2004-7, Class 2A1, 2.52%, 6/25/2034 (i)

     14       14  

Series 2005-16, Class A23, 5.50%, 9/25/2035

     28       23  

Series 2005-22, Class 2A1, 2.48%, 11/25/2035 (i)

     66       62  

Citigroup Global Markets Mortgage Securities VII, Inc.

 

 

Series 2003-UP2, Class 1, PO, 12/25/2018 ‡

     —  (j)      —  (j) 

Series 2003-HYB1, Class A, 2.24%, 9/25/2033 (i)

     4       4  

Citigroup Mortgage Loan Trust, Inc.

 

 

Series 2003-UP3, Class A3, 7.00%, 9/25/2033

     1       1  

Series 2005-1, Class 2A1A, 2.23%, 2/25/2035 (i)

     36       33  

CSMC

 

 

Series 2022-JR1, Class A1, 4.27%, 10/25/2066 (a) (d)

     1,000       987  

CSMC Trust

 

 

Series 2021-RPL1, Class A1, 1.67%, 9/27/2060 (a) (i)

     1,544       1,483  

CVS Pass-Through Trust

 

 

Series 2009, 8.35%, 7/10/2031 (a)

     63       76  

FHLMC — GNMA

 

 

Series 8, Class ZA, 7.00%, 3/25/2023

     2       2  

FHLMC, REMIC

 

 

Series 1250, Class J, 7.00%, 5/15/2022

     —  (j)      —  (j) 

Series 1316, Class Z, 8.00%, 6/15/2022

     —  (j)      —  (j) 

Series 1324, Class Z, 7.00%, 7/15/2022

     —  (j)      —  (j) 

Series 1343, Class LB, 7.50%, 8/15/2022

     —  (j)      —  (j) 

Series 1343, Class LA, 8.00%, 8/15/2022

     —  (j)      —  (j) 

Series 1395, Class G, 6.00%, 10/15/2022

     —  (j)      —  (j) 

Series 1394, Class ID, IF, 9.57%, 10/15/2022 (i)

     —  (j)      —  (j) 

Series 2535, Class BK, 5.50%, 12/15/2022

     1       1  

Series 1798, Class F, 5.00%, 5/15/2023

     1       1  

Series 1505, Class Q, 7.00%, 5/15/2023

     —  (j)      —  (j) 

Series 1518, Class G, IF, 8.51%, 5/15/2023 (i)

     —  (j)      —  (j) 

Series 1541, Class O, 1.13%, 7/15/2023 (i)

     1       1  

Series 2638, Class DS, IF, 8.20%, 7/15/2023 (i)

     3       3  

Series 1577, Class PV, 6.50%, 9/15/2023

     16       17  

Series 1584, Class L, 6.50%, 9/15/2023

     9       9  

Series 1633, Class Z, 6.50%, 12/15/2023

     10       11  

Series 1638, Class H, 6.50%, 12/15/2023

     16       16  

Series 2283, Class K, 6.50%, 12/15/2023

     1       1  

Series 1700, Class GA, PO, 2/15/2024

     —  (j)      —  (j) 

Series 1865, Class D, PO, 2/15/2024

     2       2  

Series 1671, Class QC, IF, 10.00%, 2/15/2024 (i)

     1       1  

Series 1694, Class PK, 6.50%, 3/15/2024

     1       1  

Series 2033, Class SN, HB, IF, 30.43%, 3/15/2024 (i)

     —  (j)      —  (j) 

Series 2306, Class K, PO, 5/15/2024

     1       1  

Series 2306, Class SE, IF, IO, 8.61%, 5/15/2024 (i)

     1       —  (j) 

Series 1863, Class Z, 6.50%, 7/15/2026

     3       4  

Series 1981, Class Z, 6.00%, 5/15/2027

     3       3  

Series 1987, Class PE, 7.50%, 9/15/2027

     5       5  

Series 1999, Class PU, 7.00%, 10/15/2027

     13       14  

Series 2031, Class PG, 7.00%, 2/15/2028

     27       29  

Series 2035, Class PC, 6.95%, 3/15/2028

     28       30  

Series 2038, Class PN, IO, 7.00%, 3/15/2028

     2       —  (j) 

Series 2057, Class PE, 6.75%, 5/15/2028

     39       42  

Series 2054, Class PV, 7.50%, 5/15/2028

     5       6  

Series 2064, Class TE, 7.00%, 6/15/2028

     7       8  

Series 2075, Class PH, 6.50%, 8/15/2028

     6       6  

Series 2095, Class PE, 6.00%, 11/15/2028

     18       20  

Series 2132, Class SB, HB, IF, 29.55%, 3/15/2029 (i)

     1       1  

Series 2178, Class PB, 7.00%, 8/15/2029

     10       11  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

Series 2182, Class ZB, 8.00%, 9/15/2029

     18       20  

Series 2204, Class GB, 8.00%, 12/20/2029 (i)

     —  (j)      —  (j) 

Series 2247, Class Z, 7.50%, 8/15/2030

     4       5  

Series 2259, Class ZC, 7.35%, 10/15/2030

     94       106  

Series 2325, Class PM, 7.00%, 6/15/2031

     2       3  

Series 2359, Class ZB, 8.50%, 6/15/2031

     13       15  

Series 2344, Class ZD, 6.50%, 8/15/2031

     23       26  

Series 2344, Class ZJ, 6.50%, 8/15/2031

     5       5  

Series 2345, Class NE, 6.50%, 8/15/2031

     2       2  

Series 2367, Class ME, 6.50%, 10/15/2031

     40       43  

Series 2390, Class DO, PO, 12/15/2031

     4       3  

Series 2410, Class OE, 6.38%, 2/15/2032

     4       4  

Series 2410, Class QX, IF, IO, 8.25%, 2/15/2032 (i)

     7       1  

Series 2412, Class SP, IF, 15.31%, 2/15/2032 (i)

     6       8  

Series 2410, Class QS, IF, 18.47%, 2/15/2032 (i)

     6       8  

Series 2423, Class MC, 7.00%, 3/15/2032

     14       16  

Series 2423, Class MT, 7.00%, 3/15/2032

     23       26  

Series 2444, Class ES, IF, IO, 7.55%, 3/15/2032 (i)

     9       1  

Series 2450, Class SW, IF, IO, 7.60%, 3/15/2032 (i)

     6       1  

Series 2647, Class A, 3.25%, 4/15/2032

     25       25  

Series 2435, Class CJ, 6.50%, 4/15/2032

     48       52  

Series 2455, Class GK, 6.50%, 5/15/2032

     15       16  

Series 2484, Class LZ, 6.50%, 7/15/2032

     10       11  

Series 2500, Class MC, 6.00%, 9/15/2032

     33       36  

Series 2543, Class YX, 6.00%, 12/15/2032

     439       475  

Series 2544, Class HC, 6.00%, 12/15/2032

     22       25  

Series 2574, Class PE, 5.50%, 2/15/2033

     140       152  

Series 2575, Class ME, 6.00%, 2/15/2033

     67       73  

Series 2586, Class WI, IO, 6.50%, 3/15/2033

     5       1  

Series 2764, Class UG, 5.00%, 3/15/2034

     127       134  

Series 2949, Class GE, 5.50%, 3/15/2035

     148       160  

Series 3047, Class OD, 5.50%, 10/15/2035

     178       188  

Series 3085, Class VS, HB, IF, 27.13%, 12/15/2035 (i)

     38       51  

Series 3098, Class KG, 5.50%, 1/15/2036

     126       135  

Series 3117, Class EO, PO, 2/15/2036

     12       11  

Series 3260, Class CS, IF, IO, 5.74%, 1/15/2037 (i)

     12       2  

Series 3380, Class SI, IF, IO, 5.97%, 10/15/2037 (i)

     691       124  

Series 3385, Class SN, IF, IO, 5.60%, 11/15/2037 (i)

     8       1  

Series 3387, Class SA, IF, IO, 6.02%, 11/15/2037 (i)

     27       4  

Series 3423, Class PB, 5.50%, 3/15/2038

     143       154  

Series 3451, Class SA, IF, IO, 5.65%, 5/15/2038 (i)

     6       —  (j) 

Series 3455, Class SE, IF, IO, 5.80%, 6/15/2038 (i)

     91       11  

Series 3786, Class PD, 4.50%, 1/15/2041

     407       438  

FHLMC, STRIPS

 

 

Series 233, Class 11, IO, 5.00%, 9/15/2035

     21       4  

Series 239, Class S30, IF, IO, 7.30%, 8/15/2036 (i)

     24       6  

Series 262, Class 35, 3.50%, 7/15/2042

     111       113  

Series 299, Class 300, 3.00%, 1/15/2043

     73       71  

FHLMC, Structured Pass-Through Certificates, Whole Loan

 

 

Series T-41, Class 3A, 4.56%, 7/25/2032 (i)

     7       7  

Series T-54, Class 2A, 6.50%, 2/25/2043

     53       60  

Series T-54, Class 3A, 7.00%, 2/25/2043

     22       25  

Series T-56, Class A, PO, 5/25/2043

     139       133  

Series T-58, Class A, PO, 9/25/2043

     10       8  

First Horizon Alternative Mortgage Securities Trust

 

 

Series 2005-FA8, Class 1A19, 5.50%, 11/25/2035

     57       37  

FMC GMSR Issuer Trust

 

 

3.69%, 2/25/2024 (a)

     1,765       1,765  

Series 2020-GT1, Class A, 4.45%, 1/25/2026 (a) (i)

     1,500       1,446  

FNMA Trust, Whole Loan

 

 

Series 2004-W2, Class 2A2, 7.00%, 2/25/2044

     9       10  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

FNMA, REMIC

 

 

Series 1992-101, Class J, 7.50%, 6/25/2022

     —  (j)      —  (j) 

Series G92-42, Class Z, 7.00%, 7/25/2022

     —  (j)      —  (j) 

Series 1996-59, Class J, 6.50%, 8/25/2022

     —  (j)      —  (j) 

Series 1992-143, Class MA, 5.50%, 9/25/2022

     —  (j)      —  (j) 

Series G92-54, Class ZQ, 7.50%, 9/25/2022

     —  (j)      —  (j) 

Series G92-59, Class F, 0.92%, 10/25/2022 (i)

     —  (j)      —  (j) 

Series G92-61, Class Z, 7.00%, 10/25/2022

     —  (j)      —  (j) 

Series G92-66, Class KA, 6.00%, 12/25/2022

     —  (j)      —  (j) 

Series G92-66, Class KB, 7.00%, 12/25/2022

     —  (j)      —  (j) 

Series G93-1, Class KA, 7.90%, 1/25/2023

     —  (j)      —  (j) 

Series 1997-61, Class ZC, 7.00%, 2/25/2023

     2       2  

Series G93-17, Class SI, IF, 6.00%, 4/25/2023 (i)

     —  (j)      —  (j) 

Series 1998-43, Class SA, IF, IO, 17.70%, 4/25/2023 (i)

     1       —  (j)

Series 1993-146, Class E, PO, 5/25/2023

     1       1  

Series 1993-84, Class M, 7.50%, 6/25/2023

     54       55  

Series 1993-205, Class H, PO, 9/25/2023

     —  (j)      —  (j) 

Series 1993-155, Class PJ, 7.00%, 9/25/2023

     3       4  

Series 1993-165, Class SK, IF, 12.50%, 9/25/2023 (i)

     1       1  

Series 1993-165, Class SD, IF, 14.38%, 9/25/2023 (i)

     —  (j)      —  (j) 

Series 1993-203, Class PL, 6.50%, 10/25/2023

     5       6  

Series 1995-19, Class Z, 6.50%, 11/25/2023

     6       6  

Series 1993-230, Class FA, 0.79%, 12/25/2023 (i)

     —  (j)      —  (j) 

Series 1993-223, Class PZ, 6.50%, 12/25/2023

     11       11  

Series 1993-225, Class UB, 6.50%, 12/25/2023

     6       6  

Series 2003-128, Class DY, 4.50%, 1/25/2024

     57       57  

Series 1994-37, Class L, 6.50%, 3/25/2024

     12       13  

Series 1994-72, Class K, 6.00%, 4/25/2024

     100       103  

Series 1995-2, Class Z, 8.50%, 1/25/2025

     2       2  

Series 1997-20, Class IB, IO, 1.84%, 3/25/2027 (i)

     5       —  (j) 

Series 1997-39, Class PD, 7.50%, 5/20/2027

     3       3  

Series 1997-46, Class PL, 6.00%, 7/18/2027

     5       5  

Series 1998-36, Class ZB, 6.00%, 7/18/2028

     2       2  

Series 1998-46, Class GZ, 6.50%, 8/18/2028

     7       8  

Series 1998-58, Class PC, 6.50%, 10/25/2028

     16       17  

Series 2014-15, Class JI, IO, 3.50%, 4/25/2029

     2,906       237  

Series 1999-39, Class JH, IO, 6.50%, 8/25/2029

     34       2  

Series 2000-52, IO, 8.50%, 1/25/2031

     1       —  (j) 

Series 2001-33, Class ID, IO, 6.00%, 7/25/2031

     46       6  

Series 2001-30, Class PM, 7.00%, 7/25/2031

     13       14  

Series 2001-36, Class DE, 7.00%, 8/25/2031

     20       22  

Series 2001-44, Class PD, 7.00%, 9/25/2031

     2       2  

Series 2001-61, Class Z, 7.00%, 11/25/2031

     36       40  

Series 2002-1, Class SA, HB, IF, 23.70%, 2/25/2032 (i)

     1       1  

Series 2002-13, Class SJ, IF, IO, 1.60%, 3/25/2032 (i)

     35       1  

Series 2002-15, PO, 4/25/2032

     30       28  

Series 2002-28, Class PK, 6.50%, 5/25/2032

     14       15  

Series 2002-68, Class SH, IF, IO, 7.53%, 10/18/2032 (i)

     31       3  

Series 2004-61, Class SK, IF, 8.50%, 11/25/2032 (i)

     17       19  

Series 2002-77, Class S, IF, 13.65%, 12/25/2032 (i)

     3       3  

Series 2003-22, Class UD, 4.00%, 4/25/2033

     75       77  

Series 2003-47, Class PE, 5.75%, 6/25/2033

     13       14  

Series 2003-44, Class IU, IO, 7.00%, 6/25/2033

     18       3  

Series 2004-4, Class QM, IF, 13.29%, 6/25/2033 (i)

     2       2  

Series 2003-64, Class SX, IF, 13.17%, 7/25/2033 (i)

     2       3  

Series 2003-132, Class OA, PO, 8/25/2033

     2       2  

Series 2003-71, Class DS, IF, 7.16%, 8/25/2033 (i)

     19       20  

Series 2003-91, Class SD, IF, 11.74%, 9/25/2033 (i)

     5       5  

Series 2003-116, Class SB, IF, IO, 7.14%, 11/25/2033 (i)

     41       6  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Series 2003-131, Class CH, 5.50%, 1/25/2034

     47        51  

Series 2003-130, Class SX, IF, 10.84%, 1/25/2034 (i)

     1        1  

Series 2004-35, Class AZ, 4.50%, 5/25/2034

     62        65  

Series 2004-46, Class SK, IF, 15.24%, 5/25/2034 (i)

     12        14  

Series 2004-36, Class SA, IF, 18.27%, 5/25/2034 (i)

     29        37  

Series 2004-51, Class SY, IF, 13.33%, 7/25/2034 (i)

     3        3  

Series 2004-79, Class ZE, 5.50%, 11/25/2034

     361        389  

Series 2004-91, Class HC, 6.00%, 12/25/2034

     588        623  

Series 2005-45, Class DC, HB, IF, 22.64%, 6/25/2035 (i)

     43        53  

Series 2005-84, Class XM, 5.75%, 10/25/2035

     28        29  

Series 2006-22, Class AO, PO, 4/25/2036

     19        17  

Series 2006-46, Class SW, HB, IF, 22.53%, 6/25/2036 (i)

     6        8  

Series 2007-7, Class SG, IF, IO, 6.04%, 8/25/2036 (i)

     42        8  

Series 2006-110, PO, 11/25/2036

     15        13  

Series 2006-117, Class GS, IF, IO, 6.19%, 12/25/2036 (i)

     23        3  

Series 2007-53, Class SH, IF, IO, 5.64%, 6/25/2037 (i)

     33        5  

Series 2007-88, Class VI, IF, IO, 6.08%, 9/25/2037 (i)

     54        9  

Series 2007-100, Class SM, IF, IO, 5.99%, 10/25/2037 (i)

     27        4  

Series 2008-1, Class BI, IF, IO, 5.45%, 2/25/2038 (i)

     29        4  

Series 2008-16, Class IS, IF, IO, 5.74%, 3/25/2038 (i)

     7        1  

Series 2008-46, Class HI, IO, 1.64%, 6/25/2038 (i)

     17        1  

Series 2008-53, Class CI, IF, IO, 6.74%, 7/25/2038 (i)

     11        1  

Series 2009-112, Class ST, IF, IO, 5.79%, 1/25/2040 (i)

     26        4  

Series 2010-35, Class SB, IF, IO, 5.96%, 4/25/2040 (i)

     12        2  

Series 2010-80, Class PZ, 5.00%, 7/25/2040

     359        388  

Series 2010-102, Class PN, 5.00%, 9/25/2040

     540        569  

Series 2010-134, Class KZ, 4.50%, 12/25/2040

     238        235  

Series 2012-30, Class DZ, 4.00%, 4/25/2042

     186        190  

Series 2013-67, Class KZ, 2.50%, 4/25/2043

     871        821  

Series 2013-128, PO, 12/25/2043

     92        80  

Series 2014-38, Class QI, IO, 5.50%, 12/25/2043

     355        57  

Series 2014-19, Class Z, 4.50%, 4/25/2044

     530        554  

Series 2016-38, Class NA, 3.00%, 1/25/2046

     104        104  

FNMA, REMIC Trust, Whole Loan

 

  

Series 1999-W1, PO, 2/25/2029

     12        10  

Series 1999-W4, Class A9, 6.25%, 2/25/2029

     45        48  

Series 2002-W7, Class A4, 6.00%, 6/25/2029

     116        120  

Series 2003-W1, Class 1A1, 4.97%, 12/25/2042 (i)

     129        133  

Series 2003-W1, Class 2A, 5.41%, 12/25/2042 (i)

     19        19  

FNMA, REMIC, Whole Loan

 

  

Series 2003-7, Class A1, 6.50%, 12/25/2042

     92        100  

FNMA, STRIPS

 

  

Series 329, Class 1, PO, 1/25/2033

     2        2  

Series 365, Class 8, IO, 5.50%, 5/25/2036

     9        2  

Freedom

 

  

Series 2021-SAVF1, IO, 4.90%, 3/25/2022 (i)

     1,394        1,394  

GMACM Mortgage Loan Trust

 

  

Series 2005-AR3, Class 3A4, 2.92%, 6/19/2035 (i)

     51        49  

GNMA

 

  

Series 2001-10, Class PE, 6.50%, 3/16/2031

     217        217  

Series 2003-24, PO, 3/16/2033

     1        1  

Series 2004-28, Class S, IF, 18.48%, 4/16/2034 (i)

     10        12  

Series 2006-38, Class OH, 6.50%, 8/20/2036

     500        539  

Series 2007-45, Class QA, IF, IO, 6.19%, 7/20/2037 (i)

     41        4  

Series 2009-79, Class OK, PO, 11/16/2037

     23        21  

Series 2007-76, Class SA, IF, IO, 6.08%, 11/20/2037 (i)

     32        2  

Series 2008-2, Class MS, IF, IO, 6.73%, 1/16/2038 (i)

     30        4  

Series 2015-137, Class WA, 5.55%, 1/20/2038 (i)

     181        198  

Series 2009-106, Class ST, IF, IO, 5.55%, 2/20/2038 (i)

     103        10  

Series 2008-55, Class SA, IF, IO, 5.75%, 6/20/2038 (i)

     19        2  

Series 2009-6, Class SA, IF, IO, 5.67%, 2/16/2039 (i)

     11        —  (j) 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
    Value ($000)  

Series 2009-6, Class SH, IF, IO, 5.59%, 2/20/2039 (i)

     37       2  

Series 2009-31, Class TS, IF, IO, 5.85%, 3/20/2039 (i)

     32       1  

Series 2009-14, Class KI, IO, 6.50%, 3/20/2039

     29       5  

Series 2009-14, Class NI, IO, 6.50%, 3/20/2039

     22       4  

Series 2009-22, Class SA, IF, IO, 5.82%, 4/20/2039 (i)

     50       5  

Series 2009-64, Class SN, IF, IO, 5.67%, 7/16/2039 (i)

     38       4  

Series 2009-104, Class KB, 5.50%, 11/16/2039

     236       268  

Series 2010-130, Class CP, 7.00%, 10/16/2040

     32       36  

Series 2011-75, Class SM, IF, IO, 6.15%, 5/20/2041 (i)

     65       7  

Series 2013-69, Class MA, 1.50%, 8/20/2042

     221       206  

Series 2016-135, Class Z, 3.00%, 10/20/2046

     235       228  

Series 2020-30, Class PT, 4.77%, 3/20/2048 (i)

     793       832  

Series 2011-H19, Class FA, 0.58%, 8/20/2061 (i)

     305       304  

Series 2012-H23, Class SA, 0.64%, 10/20/2062 (i)

     432       431  

Series 2013-H08, Class FC, 0.56%, 2/20/2063 (i)

     302       301  

Series 2013-H09, Class HA, 1.65%, 4/20/2063

     3       3  

Series 2014-H17, Class FC, 0.61%, 7/20/2064 (i)

     193       192  

Series 2015-H16, Class FG, 0.55%, 7/20/2065 (i)

     444       442  

Series 2015-H30, Class FE, 0.71%, 11/20/2065 (i)

     582       582  

Series 2016-H11, Class FD, 0.68%, 5/20/2066 (i)

     143       142  

Series 2016-H26, Class FC, 1.11%, 12/20/2066 (i)

     106       107  

Series 2017-H14, Class FV, 0.61%, 6/20/2067 (i)

     286       285  

Goodgreen Trust

 

 

Series 2017-R1, 5.00%, 10/20/2051 ‡

     196       182  

GSR Mortgage Loan Trust

 

 

Series 2004-6F, Class 1A2, 5.00%, 5/25/2034

     23       22  

Series 2004-6F, Class 3A4, 6.50%, 5/25/2034

     51       52  

Series 2004-13F, Class 3A3, 6.00%, 11/25/2034

     17       17  

Headlands Residential LLC

 

 

Series 2017-RPL1, Class A, 3.88%, 11/25/2024 (a) (d)

     178       177  

Impac Secured Assets Trust

 

 

Series 2006-1, Class 2A1, 1.16%, 5/25/2036 (i)

     5       5  

JPMorgan Mortgage Trust

 

 

Series 2006-A2, Class 5A3, 2.27%, 11/25/2033 (i)

     10       10  

LHOME Mortgage Trust

 

 

Series 2019-RTL3, Class A1, 3.87%, 7/25/2024 (a)

     78       78  

Series 2021-RTL1, Class A1, 2.09%, 9/25/2026 (a) (i)

     510       491  

MASTR Adjustable Rate Mortgages Trust

 

 

Series 2004-13, Class 2A1, 2.62%, 4/21/2034 (i)

     8       8  

MASTR Alternative Loan Trust

 

 

Series 2004-10, Class 1A1, 4.50%, 9/25/2019

     1       1  

Series 2004-8, Class 6A1, 5.50%, 9/25/2019

     —  (j)      —  (j) 

Series 2004-4, Class 10A1, 5.00%, 5/25/2024

     16       16  

Series 2003-9, Class 8A1, 6.00%, 1/25/2034

     33       34  

Series 2004-6, Class 7A1, 6.00%, 7/25/2034

     57       58  

Series 2004-7, Class 30, PO, 8/25/2034 ‡

     5       4  

MASTR Asset Securitization Trust

 

 

Series 2003-12, Class 15, PO, 12/25/2018 ‡

     —  (j)      —  (j) 

Series 2004-6, Class 15, PO, 7/25/2019 ‡

     —  (j)      —  (j) 

Series 2003-11, Class 9A6, 5.25%, 12/25/2033

     52       52  

MASTR Resecuritization Trust

 

 

Series 2005-PO, Class 3, PO, 5/28/2035 ‡ (a)

     7       6  

NACC Reperforming Loan REMIC Trust

 

 

Series 2004-R2, Class A1, 6.50%, 10/25/2034 (a) (i)

     19       18  

PHH Alternative Mortgage Trust

 

 

Series 2007-2, Class 2X, IO, 6.00%, 5/25/2037 ‡

     84       17  

RALI Trust

 

 

Series 2003-QS14, Class A1, 5.00%, 7/25/2018

     1       —  (j) 

RFMSI Trust

 

 

Series 2005-SA4, Class 1A1, 2.26%, 9/25/2035 (i)

     7       6  

RMIP

 

 

Series 2019-1B, 4.71%, 8/25/2023 ‡

     319       315  

SACO I, Inc.

 

 

Series 1997-2, Class 1A5, 7.00%, 8/25/2036 (a)

     1       1  

SART

 

 

Series 2017-1, 4.75%, 7/15/2024

     179       180  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Seasoned Credit Risk Transfer Trust

 

  

Series 2019-1, Class MT, 3.50%, 7/25/2058 ‡

     495        497  

Series 2019-3, Class MB, 3.50%, 10/25/2058 ‡

     295        292  

Sonoran Auto Receivables Trust

 

  

Series 2018-1, 4.76%, 6/15/2025

     221        223  

Toorak Mortgage Corp. Ltd.

 

  

Series 2019-2, Class A1, 3.72%, 9/25/2022 (d)

     227        225  

Towd Point Mortgage Trust

 

  

Series 2021-R1, Class A1, 2.92%, 11/30/2060 (a) (i)

     1,446        1,407  

TVC Mortgage Trust

 

  

Series 2020-RTL1, Class A1, 3.47%, 9/25/2024 (a)

     816        816  

Two Harbors

 

  

Series 2021-FNTMSR1, Class A, IO, 4.00%, 3/25/2022 (i)

     1,800        1,800  

Vendee Mortgage Trust

 

  

Series 1994-1, Class 1, 4.89%, 2/15/2024 (i)

     5        5  

Series 1994-1, Class 2ZB, 6.50%, 2/15/2024

     68        69  

Series 1996-1, Class 1Z, 6.75%, 2/15/2026

     27        29  

Series 1996-2, Class 1Z, 6.75%, 6/15/2026

     14        15  

Series 1997-1, Class 2Z, 7.50%, 2/15/2027

     56        60  

Series 1998-1, Class 2E, 7.00%, 3/15/2028

     16        17  

VM Master Issuer LLC

 

  

Series 2022-1, Class A1, 0.00%, 5/24/2025 (a) (g) (i)

     1,000        1,000  

vMobo, Inc.

 

  

7.50%, 5/31/2024

     550        550  

WaMu Mortgage Pass-Through Certificates Trust

 

  

Series 2003-AR8, Class A, 2.71%, 8/25/2033 (i)

     3        3  

Series 2003-AR9, Class 1A6, 2.52%, 9/25/2033 (i)

     17        17  

Series 2004-AR3, Class A2, 2.61%, 6/25/2034 (i)

     5        5  

Washington Mutual Mortgage Pass-Through Certificates WMALT Trust

 

  

Series 2005-2, Class 2A3, IF, IO, 4.54%, 4/25/2035 ‡ (i)

     104        9  

Series 2005-2, Class 1A4, IF, IO, 4.59%, 4/25/2035 ‡ (i)

     337        28  

Series 2005-3, Class CX, IO, 5.50%, 5/25/2035 ‡

     105        17  

Series 2005-4, Class CB7, 5.50%, 6/25/2035

     83        83  

Series 2005-6, Class 2A4, 5.50%, 8/25/2035

     19        18  

ZH Trust

 

  

Series 2021-1, Class A, 2.25%, 2/18/2027 (a)

     500        495  
     

 

 

 

TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS

(Cost $32,581)

 

 

     32,366  
     

 

 

 

COMMERCIAL MORTGAGE-BACKED SECURITIES — 5.4%

 

BB-UBS Trust

 

  

Series 2012-SHOW, Class A, 3.43%, 11/5/2036 (a)

     300        296  

Citigroup Commercial Mortgage Trust

 

  

Series 2020-GC46, Class A5, 2.72%, 2/15/2053

     1,100        1,046  

Commercial Mortgage Trust

 

  

Series 2013-SFS, Class A2, 2.99%, 4/12/2035 (a) (i)

     125        124  

Series 2020-CBM, Class A2, 2.90%, 2/10/2037 (a)

     750        727  

Series 2020-CBM, Class C, 3.40%, 2/10/2037 ‡ (a)

     500        479  

Series 2014-CR19, Class A5, 3.80%, 8/10/2047

     200        202  

Series 2015-CR25, Class A4, 3.76%, 8/10/2048

     156        158  

CSMC OA LLC

 

  

Series 2014-USA, Class A2, 3.95%, 9/15/2037 (a)

     885        870  

Series 2014-USA, Class D, 4.37%, 9/15/2037 ‡ (a)

     100        88  

FHLMC, Multi-Family Structured Credit Risk

 

  

Series 2021-MN2, Class M1, 1.90%, 7/25/2041 (a) (i)

     1,513        1,440  

FHLMC, Multi-Family Structured Pass-Through Certificates

 

  

Series KJ09, Class A2, 2.84%, 9/25/2022

     22        22  

Series KJ11, Class A2, 2.93%, 1/25/2023

     68        68  

Series K038, Class A2, 3.39%, 3/25/2024

     229        232  

Series KJ14, Class A2, 2.81%, 9/25/2024

     460        461  

Series KPLB, Class A, 2.77%, 5/25/2025

     250        250  

Series K065, Class A2, 3.24%, 4/25/2027

     215        219  

Series K065, Class AM, 3.33%, 5/25/2027

     115        117  

Series K066, Class A2, 3.12%, 6/25/2027

     267        271  

Series K070, Class A2, 3.30%, 11/25/2027 (i)

     208        213  

Series K072, Class AM, 3.50%, 12/25/2027 (i)

     1,000        1,024  


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

Series K079, Class AM, 3.93%, 6/25/2028

     588        620  

Series K081, Class A2, 3.90%, 8/25/2028 (i)

     395        419  

Series KL06, Class XFX, IO, 1.36%, 12/25/2029

     4,215        330  

Series Q013, Class APT2, 1.21%, 5/25/2050 (i)

     844        783  

FNMA ACES

 

  

Series 2015-M17, Class FA, 1.06%, 11/25/2022 (i)

     22        22  

Series 2016-M2, Class AV2, 2.15%, 1/25/2023

     140        140  

Series 2014-M3, Class A2, 3.50%, 1/25/2024 (i)

     279        282  

Series 2015-M3, Class A2, 2.72%, 10/25/2024

     857        848  

Series 2017-M7, Class A2, 2.96%, 2/25/2027 (i)

     791        789  

Series 2015-M10, Class A2, 3.09%, 4/25/2027 (i)

     381        385  

Series 2017-M8, Class A2, 3.06%, 5/25/2027 (i)

     324        328  

Series 2017-M12, Class A2, 3.07%, 6/25/2027 (i)

     312        317  

Series 2018-M10, Class A2, 3.36%, 7/25/2028 (i)

     460        476  

Series 2017-M5, Class A2, 3.12%, 4/25/2029 (i)

     284        289  

Series 2018-M3, Class A2, 3.08%, 2/25/2030 (i)

     185        189  

Series 2020-M50, Class A1, 0.67%, 10/25/2030

     690        643  

Series 2020-M50, Class A2, 1.20%, 10/25/2030

     330        303  

Series 2020-M50, Class X1, IO, 1.90%, 10/25/2030 (i)

     5,296        518  

Series 2022-M1G, Class A2, 1.53%, 9/25/2031 (i)

     1,350        1,208  

Series 2022-M3, Class A2, 1.76%, 11/25/2031 (i)

     1,500        1,352  

Series 2021-M3, Class 1A1, 1.00%, 11/25/2033

     457        427  

Series 2021-M3, Class X1, IO, 1.97%, 11/25/2033 (i)

     2,732        328  

FREMF Mortgage Trust

 

  

Series 2014-K40, Class C, 4.07%, 11/25/2047 (a) (i)

     168        168  

Series 2015-K44, Class B, 3.67%, 1/25/2048 (a) (i)

     640        633  

Series 2015-K45, Class B, 3.59%, 4/25/2048 (a) (i)

     500        497  

Series 2016-K722, Class B, 3.89%, 7/25/2049 (a) (i)

     110        111  

Series 2016-K59, Class B, 3.58%, 11/25/2049 (a) (i)

     180        177  

Series 2018-K730, Class B, 3.80%, 2/25/2050 (a) (i)

     551        551  

Series 2019-K102, Class B, 3.53%, 12/25/2051 (a) (i)

     750        727  

MRCD MARK Mortgage Trust

 

  

Series 2019-PARK, Class A, 2.72%, 12/15/2036 (a)

     740        716  

Series 2019-PARK, Class D, 2.72%, 12/15/2036 (a)

     987        913  

Pendoor Proper

 

  

Zero Coupon, 2/15/2026 ‡

     1,000        1,000  

SBALR Commercial Mortgage Trust

 

  

Series 2020-RR1, Class A3, 2.83%, 2/13/2053 (a)

     975        921  

SLG Office Trust

 

  

Series 2021-OVA, Class A, 2.59%, 7/15/2041 (a)

     930        865  

UBS-BAMLL Trust

 

  

Series 2012-WRM, Class A, 3.66%, 6/10/2030 (a)

     116        116  

UBS-Barclays Commercial Mortgage Trust

 

  

Series 2012-C2, Class A4, 3.53%, 5/10/2063

     65        65  
     

 

 

 

TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES

(Cost $27,502)

 

 

     26,763  
  

 

 

 

FOREIGN GOVERNMENT SECURITIES — 0.4%

 

Kingdom of Saudi Arabia (Saudi Arabia)

 

  

2.25%, 2/2/2033 (a)

     200        184  

United Mexican States (Mexico)

 

  

4.13%, 1/21/2026

     200        210  

3.75%, 1/11/2028

     280        285  

2.66%, 5/24/2031

     283        258  

3.50%, 2/12/2034

     257        239  

4.75%, 3/8/2044

     50        49  

4.35%, 1/15/2047

     58        54  

4.40%, 2/12/2052

     330        303  

3.77%, 5/24/2061

     211        171  
     

 

 

 

TOTAL FOREIGN GOVERNMENT SECURITIES

(Cost $1,875)

 

 

     1,753  
  

 

 

 

U.S. GOVERNMENT AGENCY SECURITIES — 0.2%

 

FNMA, STRIPS

 

  

18.83%, 3/23/2028 (h)

     630        540  

Tennessee Valley Authority

 

  

5.88%, 4/1/2036

     140        183  

4.63%, 9/15/2060

     93        122  

4.25%, 9/15/2065

     101        125  
     

 

 

 

TOTAL U.S. GOVERNMENT AGENCY SECURITIES

(Cost $816)

 

 

     970  
  

 

 

 


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

Investments

   Principal
Amount ($000)
     Value ($000)  

MUNICIPAL BONDS — 0.1% (k)

     

New York — 0.1%

     

New York State Dormitory Authority, State Personal Income Tax, Build America Bonds, General Purpose

     

Series 2010-D, Rev., 5.60%, 3/15/2040

     30        37  

Port Authority of New York and New Jersey, Consolidated

     

Series 164, Rev., 5.65%, 11/1/2040

     130        158  
     

 

 

 

Total New York

        195  
     

 

 

 

Ohio — 0.0% (b)

     

Ohio State University (The), General Receipts

     

Series 2011-A, Rev., 4.80%, 6/1/2111

     98        112  
     

 

 

 
TOTAL MUNICIPAL BONDS
(Cost $256)

 

     307  
     

 

 

 
     Shares (000)         

SHORT-TERM INVESTMENTS — 9.3%

     

INVESTMENT COMPANIES — 9.3%

     

JPMorgan Prime Money Market Fund Class Institutional Shares, 0.29% (l) (m)

(Cost $45,708)

     45,703        45,712  
     

 

 

 
Total Investments — 104.3%
(Cost $531,680)

 

     512,929  

Liabilities in Excess of Other Assets — (4.3)%

 

     (21,111
     

 

 

 

Net Assets — 100.0%

 

     491,818  
     

 

 

 

 

Percentages indicated are based on net assets.

Abbreviations

 

ABS    Asset-Backed Securities
ACES    Alternative Credit Enhancement Securities
ARM    Adjustable Rate Mortgage. The interest rate shown is the rate in effect as of March 31, 2022.
CSMC    Credit Suisse Mortgage Trust
FHLMC    Federal Home Loan Mortgage Corp.
FNMA    Federal National Mortgage Association
GNMA    Government National Mortgage Association
HB    High Coupon Bonds (a.k.a. “IOettes”) represent the right to receive interest payments on an underlying pool of mortgages with similar features as those associated with IO securities. Unlike IO’s the owner also has a right to receive a very small portion of principal. The high interest rates result from taking interest payments from other classes in the Real Estate Mortgage Investment Conduit trust and allocating them to the small principal of the HB class.
ICE    Intercontinental Exchange


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

 

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 March 31, 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
PO    Principal Only represents the right to receive the principal portion only on an underlying pool of mortgage loans. The market value of these securities is extremely volatile in response to changes in market interest rates. As prepayments on the underlying mortgages of these securities increase, the yield on these securities increases.
REIT    Real Estate Investment Trust
REMIC    Real Estate Mortgage Investment Conduit
Rev.    Revenue
SOFR    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.
TBA    To Be Announced; Security is subject to delayed delivery.
UMBS    Uniform Mortgage-Backed Securities
USD    United States Dollar

 

(a)

Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities Act of 1933, as amended.

(b)

Amount rounds to less than 0.1% of net assets.

(c)

Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the current rate as of March 31, 2022.

(d)

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 March 31, 2022.

(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 March 31, 2022.

(f)

Security is an interest bearing note with preferred security characteristics.

(g)

All or a portion of the security is a when-issued security, delayed delivery security, or forward commitment.

(h)

The rate shown is the effective yield as of March 31, 2022.

(i)

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 March 31, 2022.

(j)

Amount rounds to less than one thousand.

(k)

The date shown represents the earliest of the prerefunded date, next put date or final maturity date.

(l)

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.

(m)

The rate shown is the current yield as of March 31, 2022.

Value determined using significant unobservable inputs.


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

(Dollar values in thousands)

 

A. Valuation of Investments — Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Portfolio’s valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

J.P. Morgan Investment Management Inc. (the “Administrator”) has established the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to assist the Board with the oversight and monitoring of the valuation of the Portfolio’s investments. The Administrator implements the valuation policies of the Portfolio’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Portfolio. This includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited, to consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

A market-based approach is primarily used to value the Portfolio’s investments. Investments for which market quotations are not readily available are fair valued by approved affiliated and/or unaffiliated approved pricing vendors or third party broker-dealers (collectively referred to as “Pricing Services”) or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

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.

Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s net asset values per share as of the report date.

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 March 31, 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).

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.


JPMorgan Insurance Trust Core Bond Portfolio

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF MARCH 31, 2022 (Unaudited) (continued)

(Dollar values in thousands)

 

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

 

Asset-Backed Securities

  $ —       $ 37,947     $ 20,796     $ 58,743  

Collateralized Mortgage Obligations

    —         30,537       1,829       32,366  

Commercial Mortgage-Backed Securities

    —         25,196       1,567       26,763  

Corporate Bonds

    —         140,074       —         140,074  

Foreign Government Securities

    —         1,753       —         1,753  

Mortgage-Backed Securities

    —         91,071       —         91,071  

Municipal Bonds

    —         307       —         307  

U.S. Government Agency Securities

    —         970       —         970  

U.S. Treasury Obligations

    —         115,170       —         115,170  

Short-Term Investments

 

Investment Companies

    45,712       —         —         45,712  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Investments in Securities

  $ 45,712     $ 443,025     $ 24,192     $ 512,929  
 

 

 

   

 

 

   

 

 

   

 

 

 

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
March 31,
2022
 

Investments in Securities:

                 

Asset-Backed Securities

  $ 14,239     $ —       $ (798   $ —   (a)    $ 3,527     $ (1,263   $ 5,598     $ (507   $ 20,796  

Collateralized Mortgage Obligations

    2,148       —         (103     (13     13       (216     —         —         1,829  

Commercial Mortgage-Backed Securities

    1,559       —         (24     —   (a)      1,001       —         —         (969     1,567  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 17,946     $ —       $ (925   $ (13   $ 4,541     $ (1,479   $ 5,598     $ (1,476   $ 24,192  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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 March 31, 2022, which were valued using significant unobservable inputs (level 3) amounted to $(925).

Transfers between level 2 and level 3 are due to a decline or an increase in market activity (e.g. frequency of trades), which resulted in a lack or increase of available market inputs to determine the price for the period ended March 31, 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.

JPMIT Core Bond Portfolio

Quantitative Information about Level 3 Fair Value Measurements #

 

     Fair Value at
March 31, 2022
     Valuation Technique(s)     

Unobservable Input

  

Range (Weighted Average) (a)

   $ 18,039        Discounted Cash Flow      Constant Prepayment Rate    0.00% - 20.00% (7.79%)
         Constant Default Rate    0.00% - 3.01% (0.01%)
         Yield (Discount Rate of Cash Flows)    2.72% - 5.49% (4.30%)
  

 

 

          

Asset-Backed Securities

     18,039           
  

 

 

          
     925        Discounted Cash Flow      Constant Prepayment Rate    0.00% - 100.00% (87.37%)
         Constant Default Rate    0.00% - 3.90% (0.25%)
         Yield (Discount Rate of Cash Flows)    1.32% - 19.95% (5.24%)
  

 

 

          

Collateralized Mortgage Obligations

     925           
  

 

 

          
     567        Discounted Cash Flow      Yield (Discount Rate of Cash Flows)    5.03% - 8.42% (5.55%)
  

 

 

          

Commercial Mortgage-Backed Securities

     567           
  

 

 

          

Total

   $ 19,531           
  

 

 

          

 

#

The table above does not include certain level 3 investments that are valued by brokers and Pricing Services. At March 31, 2022, the value of these investments was $4,661. 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. Investment Transactions with Affiliates — The Portfolio invested in an Underlying Fund, which is advised by the Adviser. An issuer which is under common control with the Portfolio may be considered an affiliate. The Portfolio assumes the issuer listed in the table below to be an affiliated issuer. The Underlying Fund’s distributions may be reinvested into such Underlying Fund. Reinvestment amounts are included in the purchases at cost amount in the table below.

 

     For the period ended March 31, 2022  

Security Description

   Value at
December 31,
2021
     Purchases
at Cost
     Proceeds
from Sales
     Net Realized
Gain (Loss)
    Change in
Unrealized
Appreciation/
(Depreciation)
    Value at
March 31,
2022
     Shares at
March 31,
2022
     Dividend
Income
     Capital Gain
Distributions
 

JPMorgan Prime Money Market Fund Class Institutional Shares, 0.29% (a) (b)

   $ 49,256      $ 33,561      $ 37,095      $ (6   $ (4   $ 45,712        45,703      $ 10      $ —    
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

       

 

 

    

 

 

 

 

(a)

Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc.

(b)

The rate shown is the current yield as of March 31, 2022.