EXHIBIT B

Multi-Class Funds Covered under Combined Rule 18f-3 Multi-Class Plan

(as of August 11, 2021)

JPMorgan Equity Funds

Class A

Class C

Class I

Class L

Class R2

Class R3

Class R4

Class R5

Class R6

JPMorgan Access Balanced Fund

X

X

X

JPMorgan Access Growth Fund

X

X

X

JPMorgan Diversified Fund

X

X

X

X

X

JPMorgan Emerging Markets Equity Fund

X

X

X

X

X

X

X

X

X

JPMorgan Emerging Markets Research Enhanced Equity Fund

X

X

JPMorgan Equity Focus Fund

X

X

X

X

JPMorgan Equity Income Fund

X

X

X

X

X

X

X

X

JPMorgan Equity Index Fund

X

X

X

X

JPMorgan Equity Premium Income Fund

X

X

X

X

X

JPMorgan Europe Dynamic Fund

X

X

X

X

X

JPMorgan Global Allocation Fund

X

X

X

X

X

X

X

X

JPMorgan Growth Advantage Fund

X

X

X

X

X

X

X

X

JPMorgan Hedged Equity Fund

X

X

X

X

X

JPMorgan Hedged Equity 2 Fund

X

X

X

X

X

JPMorgan Hedged Equity 3 Fund

X

X

X

X

X

JPMorgan Income Builder Fund

X

X

X

X

JPMorgan International Equity Fund

X

X

X

X

X

X

JPMorgan International Equity Plus Fund1

X

X

X

JPMorgan International Hedged Equity Fund

X

X

X

X

X

JPMorgan International Research Enhanced Equity Fund

X

X

X

JPMorgan International Focus Fund

X

X

X

X

X

X

JPMorgan International Value Fund

X

X

X

X

X

X

X

JPMorgan Investor Balanced Fund

X

X

X

X

X

X

X

X

JPMorgan Investor Conservative Growth Fund

X

X

X

X

X

X

X

X

JPMorgan Investor Growth & Income Fund

X

X

X

X

X

X

X

X

JPMorgan Investor Growth Fund

X

X

X

X

X

X

X

X

JPMorgan Large Cap Growth Fund

X

X

X

X

X

X

X

X

JPMorgan Large Cap Value Fund

X

X

X

X

X

X

X

X

JPMorgan Macro Opportunities Fund

X

X

X

X

JPMorgan Market Expansion Enhanced Index Fund

X

X

X

X

X

JPMorgan Mid Cap Equity Fund

X

X

X

X

X

X

JPMorgan Mid Cap Growth Fund

X

X

X

X

X

X

X

X

JPMorgan Mid Cap Value Fund

X

X

X

X

X

X

X

X

X

JPMorgan Opportunistic Equity Long/Short Fund

X

X

X

X

JPMorgan Realty Income Fund

X

X

X

X

X

X

JPMorgan Research Market Neutral Fund

X

X

X

JPMorgan Small Cap Blend Fund

X

X

X

X

JPMorgan Small Cap Equity Fund

X

X

X

X

X

X

X

X

¹  To be liquidated on or about October 15, 2021.

1

Class A

Class C

Class I

Class L

Class R2

Class R3

Class R4

Class R5

Class R6

JPMorgan Small Cap Growth Fund

X

X

X

X

X

X

X

X

X

JPMorgan Small Cap Sustainable Leaders Fund (formerly JPMorgan Small Cap Core Fund)

X

X

X

X

X

X

X

X

JPMorgan Small Cap Value Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement Income Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2020 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2025 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2030 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2035 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2040 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2045 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2050 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2055 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement 2060 Fund

X

X

X

X

X

X

X

X

JPMorgan SmartRetirement Blend Income Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2020 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2025 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2030 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2035 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2040 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2045 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2050 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2055 Fund

X

X

X

X

X

X

JPMorgan SmartRetirement Blend 2060 Fund

X

X

X

X

X

X

JPMorgan SmartSpending 2015 Fund

X

X

X

X

X

X

X

JPMorgan SmartSpending 2020 Fund

X

X

X

X

X

X

X

JPMorgan SMID Cap Equity Fund

X

X

X

X

X

X

JPMorgan Tax Aware Equity Fund

X

X

X

X

JPMorgan U.S. Applied Data Science Value Fund (formerly JPMorgan Intrepid Value Fund)

X

X

X

X

X

X

JPMorgan U.S. Equity Fund

X

X

X

X

X

X

X

X

X

JPMorgan U.S. GARP Equity Fund (formerly JPMorgan Intrepid Growth Fund)

X

X

X

X

X

X

JPMorgan U.S. Large Cap Core Plus Fund

X

X

X

X

X

X

JPMorgan U.S. Research Enhanced Equity Fund

X

X

X

JPMorgan U.S. Small Company Fund

X

X

X

X

X

X

X

X

X

JPMorgan U.S. Sustainable Leaders Fund

X

X

X

X

JPMorgan U.S. Value Fund

X

X

X

X

X

X

X

X

JPMorgan Value Advantage Fund

X

X

X

X

X

X

X

X

X

Undiscovered Managers Behavioral Value Fund

X

X

X

X

X

X

X

X

X

2

JPMorgan Fixed Income Funds

Class A

Class C

Class I

Class L

Class R2

Class R3

Class R4

Class R5

Class R6

JPMorgan California Tax Free Bond Fund

X

X

X

X

JPMorgan Core Bond Fund

X

X

X

X

X

X

X

X

JPMorgan Core Plus Bond Fund

X

X

X

X

X

X

X

X

JPMorgan Corporate Bond Fund

X

X

X

X

JPMorgan Emerging Markets Debt Fund

X

X

X

X

X

JPMorgan Emerging Markets Strategic Debt Fund

X

X

X

X

X

JPMorgan Global Bond Opportunities Fund

X

X

X

X

JPMorgan Government Bond Fund

X

X

X

X

X

X

X

JPMorgan High Yield Fund

X

X

X

X

X

X

X

X

JPMorgan High Yield Municipal Fund

X

X

X

X

JPMorgan Income Fund

X

X

X

X

JPMorgan Inflation Managed Bond Fund

X

X

X

X

X

JPMorgan Intermediate Tax Free Bond Fund

X

X

X

X

JPMorgan Mortgage-Backed Securities Fund

X

X

X

X

JPMorgan New York Tax Free Bond Fund

X

X

X

X

JPMorgan Strategic Income Opportunities Fund

X

X

X

X

X

JPMorgan Sustainable Municipal Income Fund

X

X

X

X

JPMorgan Tax Aware Real Return Fund

X

X

X

X

JPMorgan Tax Free Bond Fund

X

X

X

X

JPMorgan Total Return Fund

X

X

X

X

X

X

JPMorgan Unconstrained Debt Fund

X

X

X

X

X

X

JPMorgan Short-Term Funds

	Class A		Class C		Class I		Class L		Class R6		Class R5
JPMorgan Floating Rate Income Fund*		X		X		X				X
JPMorgan Limited Duration Bond Fund		X		X		X				X
JPMorgan Managed Income Fund						X		X
JPMorgan Short Duration Bond Fund		X		X		X				X
JPMorgan Short Duration Core Plus Fund		X		X		X				X
JPMorgan Short-Intermediate Municipal Bond Fund		X		X		X				X
JPMorgan Ultra-Short Municipal Fund		X				X

* This Fund is considered a Short-Term Fund for purchases on or after January 2, 2014.

3

Money Market Funds

Academy Class

Agency

Agency SL

Capital

Class C

Empower

E*TRADE

IM

Institutional

Investor

Morgan

Premier

Reserve

Service

JPMorgan 100% U.S. Treasury Securities Money Market Fund

X

X

X

X

X

X

X

X

X

JPMorgan California Municipal Money Market Fund

X

X

X

X

X

X

JPMorgan Federal Money Market Fund

X

X

X

X

X

JPMorgan Liquid Assets Money Market Fund

X

X

X

X

X

X

X

X

X

JPMorgan Municipal Money Market Fund

X

X

X

X

X

X

JPMorgan New York Municipal Money Market Fund

X

X

X

X

X

X

X

JPMorgan Prime Money Market Fund

X

X

X

X

X

X

X

X

X

X

JPMorgan Securities Lending Money Market Fund

X

JPMorgan Tax Free Money Market Fund

X

X

X

X

X

JPMorgan U.S. Government Money Market Fund

X

X

X

X

X

X

X

X

X

X

X

X

JPMorgan U.S. Treasury Plus Money Market Fund

X

X

X

X

X

X

X

X

X

X

X

JPMorgan Institutional Tax Free Money Market Fund

X

X

X

X

4