0001752724-21-256609.txt : 20211124 0001752724-21-256609.hdr.sgml : 20211124 20211124125137 ACCESSION NUMBER: 0001752724-21-256609 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211124 PERIOD START: 20220630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JPMorgan Trust I CENTRAL INDEX KEY: 0001217286 IRS NUMBER: 331043149 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-21295 FILM NUMBER: 211444095 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 800-480-4111 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 FORMER COMPANY: FORMER CONFORMED NAME: JP MORGAN MUTUAL FUND SERIES DATE OF NAME CHANGE: 20030204 0001217286 S000011875 JPMorgan SmartRetirement 2030 Fund C000032449 Class A JSMAX C000032450 Class C JSMCX C000032451 Class I JSMSX C000032452 Class R5 JSMIX C000070631 Class R2 JSMZX C000148428 Class R6 JSMYX C000169485 Class R3 JSMNX C000169486 Class R4 JSMQX NPORT-P 1 primary_doc.xml NPORT-P false 0001217286 XXXXXXXX S000011875 C000148428 C000032451 C000032449 C000169486 C000169485 C000032452 C000032450 C000070631 JPMorgan Trust I 811-21295 0001217286 549300DM5WZMCZZ70R78 277 Park Avenue New York 10172 800-480-4111 JPMorgan SmartRetirement 2030 Fund S000011875 549300EZCMXW7K0N0I07 2022-06-30 2021-09-30 N 6288299244.41 15163640.12 6273135604.29 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 52123.26000000 N JPMorgan Small Cap Value Fund 549300V4YKXS0HHDUK18 JPMorgan Small Cap Value Fund, Class R6 4812C0225 1204719.49000000 NS USD 40599046.81000000 0.647189051392 Long RF US N 1 N N N JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 549300S2VYDS8QJGW220 JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 46641Q340 2591353.00000000 NS USD 227287571.63000000 3.623189198629 Long RF US N 1 N N N JPMorgan Emerging Markets Debt Fund 8KLDAXM5A9FOP50PQD10 JPMorgan Emerging Markets Debt Fund, Class R6 48121A134 12340354.52600000 NS USD 97488800.76000000 1.554068123337 Long RF US N 1 N N N N/A N/A S&P 500 E-Mini Index N/A 450.00000000 NC USD -3294913.50000000 -0.05252418738 N/A DE US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Long S&P 500 E-Mini Index US78378X1072 2021-12-17 96806250.00000000 USD -3294913.50000000 N N N JPMorgan International Research Enhanced Equity Fund HXS35OABUD2FH4OQXR78 JPMorgan International Research Enhanced Equity Fund, Class R6 4812CA637 19318952.67100000 NS USD 398163614.55000000 6.347122709697 Long RF US N 1 N N N N/A N/A MSCI EAFE E-Mini Index N/A 1085.00000000 NC USD -5822758.45000000 -0.09282054170 N/A DE US N 1 ICE Clear US 549300HWWR1D8OTS2G29 Long MSCI EAFE E-Mini Index MSDUEAFE Index 2021-12-17 122990175.00000000 USD -5822758.45000000 N N N N/A N/A U.S. Treasury 10 Year Note N/A 2160.00000000 NC USD -2797395.38000000 -0.04459325537 N/A DIR US N 1 CME Clearing House LCZ7XYGSLJUHFXXNXD88 Long United States of America U.S. Treasury 10 Year Note 2021-12-21 284512500.00000000 USD -2797395.38000000 N N N JPMorgan Realty Income Fund 549300IJYII8K4BC2M84 JPMorgan Realty Income Fund, Class R6 904504453 10659687.01600000 NS USD 170022007.91000000 2.710319346416 Long RF US N 1 N N N JPMorgan Income Fund 549300J9G10ZQTTAFU03 JPMorgan Income Fund, Class R6 46637K216 12780965.50300000 NS USD 121419172.28000000 1.935541967193 Long RF US N 1 N N N United States of America 254900HROIFWPRGM1V77 U.S. Treasury Notes 912828Z60 29072900.00000000 PA USD 29200769.01000000 0.465489204314 Long DBT UST US N 2 2022-01-31 Fixed 1.37500000 N N N N N N JPMorgan Emerging Markets Research Enhanced Equity Fund 549300RH6H0TG40PHS83 JPMorgan Emerging Markets Research Enhanced Equity Fund, Class R6 46645V626 9146167.17700000 NS USD 187770812.14000000 2.993252879972 Long RF US N 1 N N N JPMorgan Small Cap Equity Fund 549300RO68EY7ZS30I29 JPMorgan Small Cap Equity Fund, Class R6 48127B862 1048121.90600000 NS USD 79783039.48000000 1.271820737071 Long RF US N 1 N N N JPMorgan High Yield Fund 15QB5UY3VV3GNSMNPX63 JPMorgan High Yield Fund, Class R6 4812C0126 23072302.23700000 NS USD 168658529.35000000 2.688584146573 Long RF US N 1 N N N JPMorgan Emerging Markets Strategic Debt Fund VC31EK6DBMYN3TDYHO32 JPMorgan Emerging Markets Strategic Debt Fund, Class R6 46637K778 11203264.71800000 NS USD 87833595.39000000 1.400154578675 Long RF US N 1 N N N JPMorgan International Equity Fund HQ7PRYSQNFVGDT1BSL78 JPMorgan International Equity Fund, Class R6 48121L882 28949456.78000000 NS USD 615465451.14000000 9.811129393075 Long RF US N 1 N N N JPMorgan Short Duration Core Plus Fund 549300Q5U8SV79G4IM14 JPMorgan Short Duration Core Plus Fund, Class R6 46637K463 71634720.17600000 NS USD 704169299.33000000 11.22515666405 Long RF US N 1 N N N JPMorgan U.S. Government Money Market Fund 8I5DZWZKVSZI1NUHU748 JPMorgan U.S. Government Money Market Fund, Class IM 4812C2270 116980030.59000000 NS USD 116980030.59000000 1.864777648198 Long STIV RF US N 1 N N N JPMorgan Large Cap Value Fund 549300JPSGHFE3RK0F55 JPMorgan Large Cap Value Fund, Class R6 48121L833 3320884.61200000 NS USD 63993446.47000000 1.020118972499 Long RF US N 1 N N N JPMorgan Small Cap Growth Fund 549300O2OV2J830JXI18 JPMorgan Small Cap Growth Fund, Class R6 48121L825 1351094.63300000 NS USD 39668138.42000000 0.632349448860 Long RF US N 1 N N N N/A N/A EURO STOXX 50 Index N/A 699.00000000 NC -1090187.73000000 -0.01737867310 N/A DE DE N 1 Eurex Clearing 529900LN3S50JPU47S06 Long EURO STOXX 50 Index EU0009658145 2021-12-17 28127760.00000000 EUR -1090187.73000000 N N N JPMorgan High Yield Research Enhanced ETF 549300UUJZT2ZWE64W88 JPMorgan High Yield Research Enhanced ETF 46641Q878 2441097.00000000 NS USD 127107920.79000000 2.026226257616 Long RF US N 1 N N N JPMorgan Emerging Markets Equity Fund YGO3SVACG8PL3FXK2G86 JPMorgan Emerging Markets Equity Fund, Class R6 48121L122 4580742.61500000 NS USD 190467277.93000000 3.036237217632 Long RF US N 1 N N N JPMorgan U.S. Equity Fund 549300O4STN5CE50YK08 JPMorgan U.S. Equity Fund, Class R6 48121L817 44626595.64300000 NS USD 974644848.84000000 15.53680504169 Long RF US N 1 N N N N/A N/A FTSE 100 Index N/A 175.00000000 NC 4122.70000000 0.000065719924 N/A DE GB N 1 ICE Clear Europe 5R6J7JCQRIPQR1EEP713 Long FTSE 100 Index GB0001383545 2021-12-17 12324375.00000000 GBP 4122.70000000 N N N JPMorgan Core Bond Fund DQ695W4P67V7A4LC6I09 JPMorgan Core Bond Fund, Class R6 4812C0100 100067522.64000000 NS USD 1199809596.45000000 19.12615432112 Long RF US N 1 N N N JPMorgan Equity Income Fund 5493004E5SGY8TJZ5623 JPMorgan Equity Income Fund, Class R6 46636U876 26428330.70800000 NS USD 593316024.39000000 9.458045574277 Long RF US N 1 N N N JPMorgan BetaBuilders MSCI US REIT ETF 549300UDD0DL9T2E4I67 JPMorgan BetaBuilders MSCI US REIT ETF 46641Q738 541163.00000000 NS USD 52040939.90000000 0.829584169428 Long RF US N 1 N N N 2021-10-29 JPMorgan Trust I Timothy J. Clemens Timothy J. Clemens Treasurer and Principal Financial Officer XXXX NPORT-EX 2 HG_SR2030.htm HTML

JPMorgan SmartRetirement® 2030 Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2021 (Unaudited)

 

Investments

    Shares (000)      Value ($000)  

INVESTMENT COMPANIES — 91.7%

      

Alternative Assets — 2.7%

      

JPMorgan Realty Income Fund Class R6 Shares (a)

      10,660        170,022  
     

 

 

  

Fixed Income — 37.6%

      

JPMorgan Core Bond Fund Class R6 Shares (a)

      99,124        1,188,501  

JPMorgan Emerging Markets Debt Fund Class R6 Shares (a)

      11,300        89,269  

JPMorgan Emerging Markets Strategic Debt Fund Class R6 Shares (a)

      11,203        87,834  

JPMorgan High Yield Fund Class R6 Shares (a)

      23,072        168,659  

JPMorgan Income Fund Class R6 Shares (a)

      12,821        121,799  

JPMorgan Short Duration Core Plus Fund Class R6 Shares (a)

      71,635        704,169  
     

 

 

  

Total Fixed Income

         2,360,231  
     

 

 

  

International Equity — 22.6%

      

JPMorgan Emerging Markets Equity Fund Class R6 Shares (a)

      4,581        190,467  

JPMorgan Emerging Markets Research Enhanced Equity Fund Class R6 Shares (a)

      9,614        197,384  

JPMorgan International Equity Fund Class R6 Shares (a)

      29,485        626,845  

JPMorgan International Research Enhanced Equity Fund Class R6 Shares (a)

      19,319        398,164  
     

 

 

  

Total International Equity

         1,412,860  
     

 

 

  

U.S. Equity — 28.8%

      

JPMorgan Equity Income Fund Class R6 Shares (a)

      26,428        593,316  

JPMorgan Large Cap Value Fund Class R6 Shares (a)

      3,321        63,993  

JPMorgan Small Cap Equity Fund Class R6 Shares (a)

      1,048        79,783  

JPMorgan Small Cap Growth Fund Class R6 Shares (a)

      1,351        39,668  

JPMorgan Small Cap Value Fund Class R6 Shares (a)

      1,205        40,599  

JPMorgan U.S. Equity Fund Class R6 Shares (a)

      45,061        984,129  
     

 

 

  

Total U.S. Equity

         1,801,488  
     

 

 

  

TOTAL INVESTMENT COMPANIES

(Cost $4,687,812)

         5,744,601  
     

 

 

  

EXCHANGE-TRADED FUNDS — 6.5%

      

Alternative Assets — 0.8%

      

JPMorgan BetaBuilders MSCI US REIT ETF (a)

      541        52,041  
     

 

 

  

Fixed Income — 2.0%

      

JPMorgan High Yield Research Enhanced ETF (a)

      2,441        127,108  
     

 

 

  

U.S. Equity — 3.7%

      

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (a)

      2,591        227,287  
     

 

 

  

TOTAL EXCHANGE-TRADED FUNDS

(Cost $346,538)

 

 

      406,436  
     

 

 

  
     Principal
Amount
($000)		         

U.S. TREASURY OBLIGATIONS — 0.5%

      

U.S. Treasury Notes 1.38%, 1/31/2022 (b)
(Cost $29,197)

      29,073        29,201  
     

 

 

  
     Shares (000)         

SHORT-TERM INVESTMENTS — 1.9%

      

INVESTMENT COMPANIES — 1.9%

      

JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.03% (a) (c)

(Cost $116,980)

      116,980        116,980  
     

 

 

  

Total Investments — 100.6%

(Cost $5,180,527)

         6,297,218  

Liabilities in Excess of Other Assets — (0.6)%

         (36,848 ) 
     

 

 

  

Net Assets — 100.0%

         6,260,370  
     

 

 

  

 

Percentages indicated are based on net assets.

JPMorgan SmartRetirement® 2030 Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)

 

Abbreviations

 

ETF

Exchange-Traded Fund

REIT

Real Estate Investment Trust

 

(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)

All or a portion of this security is deposited with the broker as initial margin for futures contracts.

(c)

The rate shown is the current yield as of September 30, 2021.

Detailed information about investment portfolios of the underlying funds and ETFs can be found in shareholder reports filed with the Securities and Exchange Commission (SEC) by each such underlying fund semi-annually on Form N-CSR and in portfolio holdings filed quarterly on Form N-PORT, and are available for download from both the SEC’s as well as the respective underlying fund’s website. Detailed information about underlying J.P. Morgan Funds can also be found at www.jpmorganfunds.com or by calling 1-800-480-4111.

Futures contracts outstanding as of September 30, 2021 (amounts in thousands, except number of contracts):

 

Description

    Number of
Contracts		      Expiration
Date		      Trading
Currency		      Notional Amount
($)		      Value and
Unrealized
Appreciation
(Depreciation) ($)		  

Long Contracts

 

EURO STOXX 50 Index

      699        12/2021        EUR        32,582        (1,090 ) 

FTSE 100 Index

      175        12/2021        GBP        16,606        4  

MSCI EAFE E-Mini Index

      1,085        12/2021        USD        122,990        (5,823 ) 

S&P 500 E-Mini Index

      450        12/2021        USD        96,806        (3,295 ) 

U.S. Treasury 10 Year Note

      2,160        12/2021        USD        284,513        (2,797 ) 
              

 

 

  
                 (13,001 ) 
              

 

 

  

 

Abbreviations

EAFE Europe, Australasia and Far East

EUR  Euro

FTSE  Financial Times and the London Stock Exchange

GBP  British Pound

MSCI Morgan Stanley Capital International

USD  United States Dollar

JPMorgan SmartRetirement® 2030 Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2021 (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 Fund’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 Fund’s investments. The Administrator implements the valuation policies of the Fund’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Fund. 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.

Fixed income instruments are valued based on prices received from approved affiliated and unaffiliated pricing vendors or third party broker-dealers (collectively referred to as “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.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset values (“NAV”) of the Fund are calculated on a valuation date.

Investments in open-end investment companies, excluding exchange-traded funds (“ETFs”) (“Underlying Funds”), are valued at each Underlying Fund’s NAV per share as of the report date.

Futures contracts are generally valued on the basis of available market quotations.

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 Fund’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 Fund’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.

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

 

      

Exchange-Traded Funds

    $ 406,436     $ —        $ —        $ 406,436  

Investment Companies

      5,744,601       —          —          5,744,601  

U.S. Treasury Obligations

      —         29,201        —          29,201  

Short-Term Investments

           

Investment Companies

      116,980       —          —          116,980  
  

 

 

    

 

 

     

 

 

     

 

 

  

Total Investments in Securities

    $ 6,268,017     $ 29,201      $ —        $ 6,297,218  
  

 

 

    

 

 

     

 

 

     

 

 

  

Appreciation in Other Financial Instruments

 

      

Futures Contracts

    $ 4     $ —        $ —        $ 4  

Depreciation in Other Financial Instruments

 

      

Futures Contracts

      (13,005 )      —          —          (13,005 ) 
  

 

 

    

 

 

     

 

 

     

 

 

  

Total Net Appreciation/Depreciation in Other Financial Instruments

    $ (13,001 )    $ —        $ —        $ (13,001 ) 
  

 

 

    

 

 

     

 

 

     

 

 

  

B. Investment Transactions with Affiliates — The Fund invested in Underlying Funds and ETFs, which are advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers. Underlying Funds’ and ETFs’ distributions may be reinvested into such Underlying Funds and ETFs. Reinvestment amounts are included in the purchases at cost amounts in the table below.

JPMorgan SmartRetirement® 2030 Fund

SCHEDULE OF PORTFOLIO INVESTMENTS

AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)

(Dollar values in thousands)

 

For the period ended September 30, 2021

  

Security Description

    Value at
June 30,
2021		      Purchases
at Cost		      Proceeds
from
Sales		      Net Realized
Gain (Loss)		     Change in
Unrealized
Appreciation/
(Depreciation)		     Value at
September 30,
2021		      Shares at
September 30,
2021		      Dividend
Income		      Capital Gain
Distributions		  

JPMorgan BetaBuilders MSCI US REIT ETF (a)

    $ 61,088      $ —        $ 9,687      $ 1,172     $ (532 )    $ 52,041        541      $ 357      $ —    

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (a)

      242,728        —          9,794        2,626       (8,273 )      227,287        2,591        529        —    

JPMorgan Core Bond Fund Class R6 Shares (a)

      1,264,679        6,732        77,245        763       (6,428 )      1,188,501        99,124        6,732        —    

JPMorgan Emerging Markets Debt Fund Class R6 Shares (a)

      98,344        1,109        8,219        (323 )      (1,642 )      89,269        11,300        1,110        —    

JPMorgan Emerging Markets Equity Fund Class R6 Shares (a)

      200,641        25,603        18,977        5,556       (22,356 )      190,467        4,581        —          —    

JPMorgan Emerging Markets Research Enhanced Equity Fund Class R6 Shares (a)

      206,155        9,613        —          —         (18,384 )      197,384        9,614        —          —    

JPMorgan Emerging Markets Strategic Debt Fund Class R6 Shares (a)

      98,467        1,612        10,023        (337 )      (1,885 )      87,834        11,203        1,612        —    

JPMorgan Equity Income Fund Class R6 Shares (a)

      631,805        2,867        33,578        2,269       (10,047 )      593,316        26,428        2,866        —    

JPMorgan High Yield Fund Class R6 Shares (a)

      177,028        2,039        9,980        506       (934 )      168,659        23,072        2,038        —    

JPMorgan High Yield Research Enhanced ETF (a)

      140,746        —          13,022        45       (661 )      127,108        2,441        1,433        —    

JPMorgan Income Fund Class R6 Shares (a)

      121,379        1,184        —          —         (764 )      121,799        12,821        1,184        —    

JPMorgan International Equity Fund Class R6 Shares (a)

      651,027        11,379        31,466        8,547       (12,642 )      626,845        29,485        —          —    

JPMorgan International Research Enhanced Equity Fund Class R6 Shares (a)

      428,333        —          28,160        3,409       (5,418 )      398,164        19,319        —          —    

JPMorgan Large Cap Value Fund Class R6 Shares (a)

      195,802        246        125,680        (8,995 )      2,620       63,993        3,321        246        —    

JPMorgan Realty Income Fund Class R6 Shares (a)

      187,029        640        19,831        4,349       (2,165 )      170,022        10,660        640        —    

JPMorgan Short Duration Core Plus Fund Class R6 Shares (a)

      734,599        2,856        31,869        (3 )      (1,414 )      704,169        71,635        2,856        —    

JPMorgan Small Cap Equity Fund Class R6 Shares (a)

      80,852        —          —          —         (1,069 )      79,783        1,048        —          —    

JPMorgan Small Cap Growth Fund Class R6 Shares (a)

      42,114        —          —          —         (2,446 )      39,668        1,351        —          —    

JPMorgan Small Cap Value Fund Class R6 Shares (a)

      41,625        81        —          —         (1,107 )      40,599        1,205        81        —    

JPMorgan U.S. Equity Fund Class R6 Shares (a)

      972,123        31,776        25,905        7,286       (1,151 )      984,129        45,061        1,749        —    

JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.03% (a) (b)

      57,850        298,150        239,020        —         —         116,980        116,980        7        —    
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

        

 

 

     

 

 

  

Total

    $ 6,634,414      $ 395,887      $ 692,456      $ 26,870     $ (96,698 )    $ 6,268,017         $ 23,440      $ —    
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

        

 

 

     

 

 

  

 

(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 September 30, 2021.