EX-99.(H)(1)(D) 13 d132046dex99h1d.htm FORM OF AMENDED SCHEDULE B TO THE ADMINISTRATION AGREEMENT Form of Amended Schedule B to the Administration Agreement

SCHEDULE B

TO THE ADMINISTRATION AGREEMENT

(Amended as of February 9, 2023)

Category 1

The Administrator receives a pro-rata portion of the following annual fee on behalf of each Fund in Category 1 for administrative services: 0.075% of the first $10 billion of average daily net assets for each Fund in Category 1 in the JPMorgan Funds Complex,1 plus 0.050% of average daily net assets for each Fund in Category 1 between $10 billion and $20 billion, plus 0.025% of average daily net assets for each Fund in Category 1 between $20 billion and $25 billion, plus 0.010% of the average daily net assets for each Fund in Category 1 in excess of $25 billion.

 

Current Name

   

Prior Name

JPMorgan Access Balanced Fund

   

N/A

JPMorgan Access Growth Fund

   

N/A

JPMorgan California Tax Free Bond Fund

   

JPMorgan California Bond Fund

JPMorgan Core Bond Fund

   

One Group Bond Fund

JPMorgan Core Focus SMA Fund2

   

N/A

JPMorgan Core Plus Bond Fund

   

One Group Income Bond Fund

JPMorgan Corporate Bond Fund

   

N/A

JPMorgan Diversified Fund

   

JPMorgan Diversified Fund

JPMorgan Emerging Markets Debt Fund

   

JPMorgan Fleming Emerging Markets Debt Fund

JPMorgan Emerging Markets Equity Fund

   

JPMorgan Fleming Emerging Markets Equity Fund

JPMorgan Emerging Markets Research Enhanced Equity Fund

   

N/A

JPMorgan Equity Focus Fund3

   

N/A

JPMorgan Equity Income Fund

   

One Group Equity Income Fund

JPMorgan Equity Index Fund

   

One Group Equity Index Fund

JPMorgan Equity Premium Income Fund

   

N/A

JPMorgan Europe Dynamic Fund

   

JPMorgan Intrepid European Fund, JPMorgan Fleming Intrepid European Fund

JPMorgan Floating Rate Income Fund

   

N/A

JPMorgan Global Allocation Fund

   

JPMorgan Global Flexible Fund (name effective until 2/17/11)

JPMorgan Global Bond Opportunities Fund

   

N/A

JPMorgan Government Bond Fund

   

One Group Government Bond Fund

JPMorgan Growth Advantage Fund

   

JPMorgan Mid Cap Growth Fund (change effective 8/17/05)

JPMorgan Hedged Equity Fund

   

N/A

JPMorgan Hedged Equity 2 Fund

   

N/A

JPMorgan Hedged Equity 3 Fund

   

N/A

JPMorgan High Yield Fund

   

One Group High Yield Bond Fund and JPMorgan High Yield Bond Fund (name effective until 9/14/09)

JPMorgan High Yield Municipal Fund4

   

JPMorgan Tax Aware High Income Fund (name effective until November 1, 2018)

JPMorgan Income Builder Fund

   

JPMorgan World Income Builder Fund

JPMorgan Income Fund

   

N/A

 

1 

For purposes of this Agreement, the “JPMorgan Funds Complex” includes all of the Funds subject to this Agreement.

2 

To liquidate on or about February 24, 2023.

3 

To be liquidated and reorganized under the JPMorgan Equity Focus ETF mid 2023.

4 

To be liquidated and reorganized under the JPMorgan High Yield Municipal ETF mid 2023.

 

B-1

Current Name

   

Prior Name

JPMorgan Insurance Trust Core Bond Portfolio5

   

JPMorgan Investment Trust Bond Portfolio and One Group Investment Trust Bond Portfolio

JPMorgan Insurance Trust U.S. Equity Portfolio6

   

JPMorgan Insurance Trust Diversified Equity Portfolio (name effective until 4/24/09), JPMorgan Investment Trust Diversified Equity Portfolio and One Group Investment Trust Diversified Equity Portfolio

JPMorgan Insurance Trust Mid Cap Value Portfolio7

   

JPMorgan Insurance Trust Diversified Mid Cap Value Portfolio (name effective until 4/24/09), JPMorgan Investment Trust Mid Cap Value Portfolio and One Group Investment Trust Mid Cap Value Portfolio

JPMorgan Insurance Trust Global Allocation Portfolio8

   

N/A

JPMorgan Insurance Trust Income Builder Portfolio 9

   

N/A

JPMorgan Insurance Trust Small Cap Core Portfolio10

   

JPMorgan Insurance Trust Small Cap Equity Portfolio (name effective until 4/24/09)

JPMorgan International Equity Fund

   

JPMorgan Fleming International Equity Fund

JPMorgan International Hedged Equity Fund

   

N/A

JPMorgan International Focus Fund

   

JPMorgan International Unconstrained Equity Fund (name effective until 4/20/20)

JPMorgan International Value Fund

   

JPMorgan Fleming International Value Fund

JPMorgan Large Cap Growth Fund

   

One Group Large Cap Growth Fund

JPMorgan Large Cap Value Fund

   

One Group Large Cap Value Fund

JPMorgan Limited Duration Bond Fund11

   

One Group Ultra Short-Term Bond Fund and JPMorgan Ultra Short Term Bond Fund (name effective until 7/1/06) and JPMorgan Ultra Short Duration Bond Fund (name effective until 8/31/09)

JPMorgan Managed Income Fund

   

N/A

JPMorgan Mid Cap Equity Fund

   

JPMorgan Mid Cap Equity Fund

JPMorgan Mid Cap Growth Fund

   

One Group Mid Cap Growth Fund and JPMorgan Diversified Mid Cap Growth Fund (name effective until 6/27/09)

JPMorgan Mid Cap Value Fund

   

JPMorgan Mid Cap Value Fund

JPMorgan Mortgage-Backed Securities Fund

   

One Group Mortgage-Backed Securities Fund

JPMorgan Municipal SMA Fund

   

N/A

JPMorgan National Municipal Income Fund

   

JPMorgan Intermediate Tax Free Income Fund , JPMorgan Intermediate Tax Free Bond Fund (name effective until 8/15/22)

JPMorgan New York Tax Free Bond Fund

   

JPMorgan New York Intermediate Tax Free Income Fund

JPMorgan Opportunistic Equity Long/Short Fund

   

N/A

JPMorgan Preferred and Income Securities Fund

   

N/A

JPMorgan Research Market Neutral Fund

   

JPMorgan Market Neutral Fund (name effective until 2/28/10)

JPMorgan Short Duration Bond Fund

   

One Group Short-Term Bond Fund

 

 

5 

To be liquidated and reorganized under the Lincoln Variable Insurance Products JPMorgan Core Bond Fund on or about May 1, 2023.

6 

To be liquidated and reorganized under the Lincoln Variable Insurance Products JPMorgan U.S. Equity Fund on or about May 1, 2023.

7 

To be liquidated and reorganized under the Lincoln Variable Insurance Products JPMorgan Mid Cap Value Fund on or about May 1, 2023.

8 

To liquidate on or about April 25, 2023.

9 

To liquidate on or about April 25, 2023.

10 

To be liquidated and reorganized under the Lincoln Variable Insurance Products JPMorgan Small Cap Core Fund on or about May 1, 2023.

11 

To be liquidated and reorganized under the JPMorgan Limited Duration Bond ETF mid 2023.

 

B-2

Current Name

   

Prior Name

JPMorgan Short Duration Core Plus Fund

   

JPMorgan Short Duration High Yield Fund (name effective until 9/29/17)

JPMorgan Short-Intermediate Municipal Bond Fund

   

One Group Short-Term Municipal Bond Fund and JPMorgan Short Term Municipal Bond Fund (name effective until 4/30/09)

JPMorgan Small Cap Blend Fund

   

JPMorgan Dynamic Small Cap Growth Fund and JPMorgan Dynamic Small Cap Fund (name effective until 6/29/07)

JPMorgan Small Cap Equity Fund

   

JPMorgan Small Cap Equity Fund

JPMorgan Small Cap Growth Fund

   

One Group Small Cap Growth Fund

JPMorgan Small Cap Sustainable Leaders Fund

   

JPMorgan Trust Small Cap Equity Fund and JPMorgan Small Cap Core Fund (name effective until 7/1/21)

JPMorgan Small Cap Value Fund

   

One Group Small Cap Value Fund

JPMorgan SmartRetirement Blend Income Fund

   

N/A

JPMorgan SmartRetirement Blend 2015 Fund12   

JPMorgan SmartSpending 2015 Fund (name effective until 3/18/22), JPMorgan SmartSpending 2050 Fund (name effective until 5/1/20)

JPMorgan SmartRetirement Blend 2020 Fund

   

N/A

JPMorgan SmartRetirement Blend 2025 Fund

   

N/A

JPMorgan SmartRetirement Blend 2030 Fund

   

N/A

JPMorgan SmartRetirement Blend 2035 Fund

   

N/A

JPMorgan SmartRetirement Blend 2040 Fund

   

N/A

JPMorgan SmartRetirement Blend 2045 Fund

   

N/A

JPMorgan SmartRetirement Blend 2050 Fund

   

N/A

JPMorgan SmartRetirement Blend 2055 Fund

   

N/A

JPMorgan SmartRetirement Blend 2060 Fund

   

N/A

JPMorgan SmartRetirement Blend 2065 Fund

   

N/A

JPMorgan SMID Cap Equity Fund

   

One Group Diversified Mid Cap Fund and JPMorgan Diversified Mid Cap Fund

JPMorgan Strategic Income Opportunities Fund

   

N/A

JPMorgan Sustainable Municipal Income Fund13

   

One Group Municipal Income Fund

JPMorgan Tax Aware Equity Fund

   

JPMorgan Tax Aware Disciplined Equity Fund (name effective until 12/10/10)

JPMorgan Tax Aware Real Return Fund

   

N/A

JPMorgan Tax Free Bond Fund

   

One Group Tax-Free Bond Fund

JPMorgan Total Return Fund

   

N/A

JPMorgan Ultra-Short Municipal Fund

   

N/A

JPMorgan U.S. Applied Data Science Value Fund

   

JPMorgan Intrepid Value Fund (name effective until 7/1/21)

JPMorgan U.S. Equity Fund

   

JPMorgan U.S. Equity Fund

JPMorgan U.S. GARP Equity Fund

   

JPMorgan Intrepid Growth Fund

JPMorgan U.S. Large Cap Core Plus Fund

   

N/A

JPMorgan U.S. Research Enhanced Equity Fund

   

JPMorgan Disciplined Equity Fund (name effective until 11/1/17)

JPMorgan U.S. Small Company Fund

   

JPMorgan U.S. Small Company Fund

JPMorgan U.S. Sustainable Leaders Fund

   

JPMorgan Intrepid Advantage Fund, JPMorgan Intrepid Investor Fund, JPMorgan Intrepid Contrarian Fund (name effective until 4/10/06) and JPMorgan Intrepid Multi Cap Fund (name effective until 2/28/13)

JPMorgan U.S. Value Fund

   

JPMorgan Growth & Income Fund

JPMorgan Unconstrained Debt Fund

   

JPMorgan Multi-Sector Income Fund (name effective until 10/22/15)

JPMorgan Value Advantage Fund

   

N/A

Undiscovered Managers Behavioral Value Fund

   

Undiscovered Managers Behavioral Value Fund

 

 

12 

To liquidate on or about June 26, 2023.

13 

To be liquidated and reorganized under the JPMorgan Sustainable Municipal Income ETF mid 2023.

 

B-3

Category 2

The Administrator receives a pro-rata portion of the following annual fee on behalf of each Fund in Category 2 for administrative services: 0.10% of the Fund’s average daily net assets on the first $500,000,000 in Fund assets; 0.075% of the Fund’s average daily net assets between $500,000,000 and $1,000,000,000 and 0.05% of the Fund’s average daily net assets in excess of $1,000,000,000.

N/A

Category 3

The Administrator receives a pro-rata portion of the following annual fee on behalf of each Fund in Category 3 for administrative services: 0.070 of the first $150 billion of average daily net assets of all Category 3 funds in the JPMorgan Funds Complex, plus 0.050% of average daily net assets of all Category 3 funds between $150 billion and $300 billion, plus 0.030% of average daily net assets of all Category 3 funds between $300 billion and $400 billion, plus 0.010% of the average daily net assets of all Category 3 funds in excess of $400 billion.

 

Current Name

   

Prior Name

JPMorgan 100% U.S. Treasury Securities Money Market Fund    JPMorgan 100% U.S. Treasury Securities Money Market Fund
JPMorgan California Municipal Money Market Fund    JPMorgan California Tax Free Money Market Fund
JPMorgan Federal Money Market Fund    JPMorgan Federal Money Market Fund
JPMorgan Institutional Tax Free Money Market Fund    N/A
JPMorgan Liquid Assets Money Market Fund    One Group Prime Money Market Fund
JPMorgan Municipal Money Market Fund    One Group Municipal Money Market Fund
JPMorgan New York Municipal Market Fund    JPMorgan New York Tax Free Money Market Fund
JPMorgan Prime Money Market Fund    JPMorgan Prime Money Market Fund
JPMorgan Securities Lending Money Market Fund    N/A
JPMorgan Tax Free Money Market Fund    JPMorgan Tax Free Money Market Fund
JPMorgan U.S. Government Money Market Fund    One Group Government Money Market Fund
JPMorgan U.S. Treasury Plus Money Market Fund    One Group U.S. Treasury Securities Money Market Fund

Category 4

The Administrator receives a pro-rata portion of the following annual fee on behalf of each Fund for administrative services: 0.10% of the first $25 billion of average daily net assets of all Category 1 and Category 4 funds in the JPMorgan Funds Complex plus 0.025% of average daily net assets of all Category 1 and Category 4 funds over $25 billion. These Funds are feeders into the Growth and Income Portfolio that has an additional 0.05% administration fee.

N/A

 

B-4

Category 5

The Administrator receives a fee of 0.00% of the average daily net assets of all Category 5 Funds.

 

Current Name

   

Prior Name

JPMorgan Investor Balanced Fund    One Group Investor Balanced Fund
JPMorgan Investor Conservative Growth Fund    One Group Investor Conservative Growth Fund
JPMorgan Investor Growth & Income Fund    One Group Investor Growth & Income Fund
JPMorgan Investor Growth Fund    One Group Investor Growth Fund
JPMorgan SmartRetirement Income Fund    N/A
JPMorgan SmartRetirement 2020 Fund    N/A
JPMorgan SmartRetirement 2025 Fund    N/A
JPMorgan SmartRetirement 2030 Fund    N/A
JPMorgan SmartRetirement 2035 Fund    N/A
JPMorgan SmartRetirement 2040 Fund    N/A
JPMorgan SmartRetirement 2045 Fund    N/A
JPMorgan SmartRetirement 2050 Fund    N/A
JPMorgan SmartRetirement 2055 Fund    N/A
JPMorgan SmartRetirement 2060 Fund    N/A
JPMorgan SmartRetirement 2065 Fund    N/A

Category 6

The Administrator receives a fee of 0.365% of the average daily net assets of all Category 6 Funds.

N/A

*            *             *            *

 

J.P. Morgan Fleming Mutual Fund Group, Inc.

J.P. Morgan Mutual Fund Investment Trust

Undiscovered Managers Funds

JPMorgan Trust I

JPMorgan Trust II

JPMorgan Trust IV

JPMorgan Insurance Trust

Each on behalf of itself and each of its Funds

By:  

 

Name:  

 

Title:  

 

J.P. Morgan Investment Management Inc.
By:  

 

Name:  

 

Title:  

 

 

B-5