EX-99.77O RULE 10F-3 2 a10f3_01.txt Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 04/30/03 Liberty Media Corp. Shares Price Amount 5,000 $99.63 $4,982 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.65 N/A 0.00% 0.90% Broker Lehman Brothers, Inc. Underwriters of Liberty Media Corp. Underwriters Principal Amount Lehman Brothers, Inc. $ 300,002,000 Citigroup Global Markets, Inc. 300,001,000 Merrill Lynch & Co., Inc. 300,001,000 Banc of America Securities LLC 8,333,000 BNP Paribas Securities, Inc. 8,333,000 BNY Capital Markets, Inc. 8,333,000 Credit Lyonnais Securities (USA), Inc. 8,333,000 Deutsche Bank Securities, Inc. 8,333,000 Fleet Securities, Inc. 8,333,000 ING Financial Markets LLC 8,333,000 J.P. Morgan Securities, Inc. 8,333,000 RBC Dominion Securities Corp. 8,333,000 Scotia Capital (USA), Inc. 8,333,000 TD Securities (USA), Inc. 8,333,000 Wachovia Securities, Inc. 8,333,000 Total $1,000,000,000 Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 05/13/03 AEGON N.V. Shares Price Amount 5,000 $99.98 $4,999 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.45 N/A 0.00% 0.88% Broker BA Securities, Inc. Underwriters of AEGON N.V. Underwriters Principal Amount Banc of America Securities LLC $ 290,625,000 Citigroup Global Markets, Inc. 290,625,000 Banc One Capital Markets, Inc. 93,750,000 ABN AMRO, Inc. 18,750,000 Credit Suisse First Boston 18,750,000 J.P. Morgan Securities, Inc. 18,750,000 UBS Warburg LLC 18,750,000 Total $ 750,000,000 Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 05/22/03 Household Automotive Trust, Series 2003-1 Par Amount Price Amount 20,000 $99.98 $19,996 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds $0.26 N/A 0.00% 3.57% Broker Barclays Capital, Inc. Underwriters of Household Automotive Trust, Series 2003-1 Underwriters Principal Amount Barclays Capital, Inc. $51,600,000 J.P. Morgan Securities, Inc. 51,600,000 Banc of America Securities LLC 51,600,000 Credit Suisse First Boston 51,600,000 Deutsche Bank Securities, Inc. 51,600,000 Total $258,000,000 Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 06/05/03 NAROT Shares Price Amount 15,000 $100.00 $15,000 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 1.00 N/A 0.01% 3.07% Broker Merrill Lynch & Co., Inc. 5,000 Shares Morgan Stanley and Company 5,000 Shares Williams Capital Group New York 5,000 Shares Underwriters of NAROT Underwriters* Principal Amount* $219,398,376 *Principal amount of underwriters were not available at time of filing. Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 06/24/03 HSBC Capital Funding LP Shares Price Amount 5,000 $100.00 $5,000 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 1.00 N/A 0.00% 0.32% Broker HSBC Securities, Inc. Underwriters of HSBC Capital Funding LP Underwriters* Principal Amount* $1,250,000,000 *Principal amount of underwriters were not available at time of filing. Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 6/26/03 GMAC Shares Price Amount 5,000 $ 98.62 $4,931 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.75 N/A 0.00% 0.91% Broker Merrill Lynch & Co., Inc. *Principal amount of underwriters were not available at time of filing. Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 7/8/03 Goldman Sachs Shares Price Amount 5,000 $ 99.87 $4,994 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.45 N/A 0.00% 0.33% Broker Goldman, Sachs & Co. Underwriters Shares Goldman, Sachs & Co. $1,600,000,000 ABN AMRO Inc. 20,000,000 Banc of America Securities LLC 20,000,000 Banc One Capital Markets, Inc. 20,000,000 BNP Paribas Securities Corp. 20,000,000 BNY Capital Markets, Inc. 20,000,000 Cmmerzbank Capital Markets Corp. 20,000,000 Daiwa Securities SMBC Europe Limited 20,000,000 Danske Bank AS 20,000,000 Guzman & Company 20,000,000 HSBC Securities (USA) Inc. 20,000,000 ING Financial Markets LLC 20,000,000 Edward D. Jones & Co., LP 20,000,000 J.P. Morgan Securities Inc. 20,000,000 Mellon Financial Markets, LLC 20,000,000 Samuel A. Ramirez & Company, Inc. 20,000,000 Muriel Siebert & Co., Inc. 20,000,000 Suntrust Capital Markets, Inc. 20,000,000 Tokyo-Mitsubishi International plc 20,000,000 Wachovia Capital Markets, LLC 20,000,000 Wells Fargo Brokerage Services, LLC 20,000,000 Total 2,000,000,000 Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 7/14/03 SLM Corp. Shares Price Amount 5,000 $ 99.03 $4,952 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.75 N/A 0.00% 0.56% Underwriters Shares Deutsche Bank Securities Inc. $150,000,000 JP Morgan Securities, Inc. 150,000,000 Banc of America Securities LLC 16,666,000 Banc One Capital Markets 16,666,000 Barclays Capital 16,667,000 Credit Suisse First Boston 16,667,000 Lehman Brothers, Inc. 16,667,000 Wachovia Securites, Inc. 16,667,000 Total 400,000,000 Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 07/22/03 American Express Company Shares Price Amount 5,000 $99.71 $4,986 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.43 N/A 0.00% 0.21% Brokers Utendahl Capital Partners Lehman Brothers, Inc. Underwriters of American Express Company Underwriters* Principal Amount* $1,000,000,000 *Principal amount of underwriters were not available at time of filing. Asset Allocation Portfolio Section 10f-3 Transactions The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Affiliated Underwriting Procedures of the Fund. Trade Date Issue 08/06/03 Westpac Capital Trust III Shares Price Amount 5,000 $100.00 $5,000 % of Issue Spread Spread Fund's for all Amount % % of issue JPMorgan Funds 0.10 N/A 0.00% 1.47% Broker UBS AG Underwriters of Westpac Capital Trust III Underwriters* Principal Amount* $ 750,000,000 *Principal amount of underwriters were not available at time of filing.