Form 11-K

THE JPMORGAN CHASE 401(k) SAVINGS PLAN

Report of Independent Registered Public Accounting Firm

To the Participants and Plan Administrator of
The JPMorgan Chase 401(k) Savings Plan:

We have audited the accompanying statements of net assets available for benefits of The JPMorgan Chase 401(k) Savings Plan (the “Plan”) as of December 31, 2009 and 2008, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2009 and 2008, and the change in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules of (1) assets (held at end of year) as of December 31, 2009, (2) assets both acquired and disposed of within the plan year for the year ended December 31, 2009, and (3) reportable transactions for the year ended December 31, 2009, are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplementary schedules are the responsibility of the Plan’s management. The supplemental schedules have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ Meaden & Moore, Ltd.

Cleveland, Ohio
June 17, 2010

THE JPMORGAN CHASE 401(k) SAVINGS PLAN

Statements of Net Assets Available For Benefits
As of December 31, 2009 and 2008


	2009		2008
Assets:
Investments:
JPMorgan Chase & Co. and other equity securities:
Banks and finance companies	$	3,100,535,216	$	2,484,546,641
Capital equipment		270,888,047		179,972,954
Consumer goods		220,146,225		208,060,067
Business services		196,755,824		204,463,061
Materials		127,093,373		97,220,046
Energy		125,232,577		116,040,463
Real estate		17,787,895		16,326,010
Other		238,121,633		177,532,793

Total JPMorgan Chase & Co. and other equity securities		4,296,560,790		3,484,162,035
Common/collective trust funds		2,732,991,503		2,420,105,066
Synthetic guaranteed investment contracts		2,019,258,487		1,846,566,762
Registered investment companies (mutual funds)
Large cap value funds		428,703,151		327,406,332
Core bond funds		370,735,169		314,253,468
Investment-grade & medium duration funds		368,828,023		279,438,487
Mid cap growth funds		276,032,306		191,984,996
Fixed-income funds		13,378,284		267,469,113

Total Registered investment companies (mutual funds)		1,457,676,933		1,380,552,396
Corporate debt securities		983,023,074		766,529,932
U.S. federal, state, local and non-U.S. government securities		670,319,227		590,203,752
Loans to plan participants		354,093,534		332,562,740
Mortgage-backed securities		279,589,335		142,228,291
Other		42,185,444		29,316,264
Derivative receivables		1,324,102		56,400,419

Total investments		12,837,022,429		11,048,627,657

Contributing employers’ contributions receivable		234,377,228		10,089,195
Due from brokers for investment securities sold		70,580,861		66,161,772
Participants’ contributions receivable		23,762,583		18,376,588
Dividends and interest receivable		15,805,862		13,583,700
Other receivables		2,995,623		2,378,982

Total assets		13,184,544,586		11,159,217,894


Liabilities:
Payable for securities and interest purchased		257,506,112		329,853,239
Payable under securities lending agreements		—		234,418,092
Cash overdraft		18,956,812		8,790,815
Derivative payables		2,535,948		77,307,720
Accrued expenses		1,712,320		759,107
Other		18,343		131,662

Total liabilities		280,729,535		651,260,635


Net assets available for benefits reflecting all investments at fair value		12,903,815,051		10,507,957,259
Adjustment from fair value to contract value for fully benefit- responsive synthetic guaranteed investment contracts		116,677,496		263,118,944

Net assets available for benefits	$	13,020,492,547	$	10,771,076,203

The accompanying notes to financial statements are an integral part of these statements.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN

Statements of Changes in Net Assets Available for Benefits
For the Years Ended December 31, 2009 and 2008


	2009			2008
Contributions:
Participants	$	587,328,030		$	573,796,862
Employers		319,856,447			252,109,816
Rollovers		63,582,452			85,644,358

Total contributions		970,766,929			911,551,036


Investment activities:
Dividends from JPMorgan Chase & Co. common stock		38,776,016			110,441,713
Other dividends		92,162,758			128,885,415
Interest		92,777,844			117,206,842
Net appreciation (depreciation) in fair value of investments		2,038,861,472			(3,377,510,363	)

Increase (decrease) in net assets available for benefits derived from investment activities		2,262,578,090			(3,020,976,393	)

Other income		1,010,384			6,150,336

Deductions:
Benefits paid to participants		(1,028,749,113	)		(1,087,466,222	)
Expenses		(9,454,906	)		(10,505,154	)

Total deductions		(1,038,204,019	)		(1,097,971,376	)


Net change during the year		2,196,151,384			(3,201,246,397	)

Transfers from other plans		53,264,960			826,567,797
Net assets available for benefits, beginning of year		10,771,076,203			13,145,754,803


Net assets available for benefits, end of year	$	13,020,492,547		$	10,771,076,203

The accompanying notes to financial statements are an integral part of these statements.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

1. Description of the Plan

The JPMorgan Chase 401(k) Savings Plan (“Plan”) is a defined contribution plan sponsored by JPMorgan Chase Bank, National Association (“JPMorgan Chase Bank, N.A.”), a national banking association with branches in 23 states, and a wholly-owned bank subsidiary of JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”).

On May 30, 2008, a wholly-owned subsidiary of JPMorgan Chase merged with and into The Bear Stearns Companies Inc (“Bear Stearns”), with Bear Stearns continuing as the surviving corporation and a subsidiary of JPMorgan Chase. Effective as of October 31, 2008, the Bear Stearns retirement plans were merged into the Plan.

Effective August 10, 2009, JPMorgan Chase Bank, N.A. became the sponsor of the WaMu Savings plan.

The following is a general description of the Plan. Participants should refer to the Plan document for a more complete description of the Plan.

General

The Plan enables eligible employees of JPMorgan Chase and certain of its affiliated companies to fund an account, the value of which is to be applied for their benefit upon retirement or termination of employment. All amounts contributed to a Participant’s account under the Plan are held in a trust fund (“Trust Fund”).

The Plan is administered by the Plan Administrator who is appointed by the Board of Directors of JPMorgan Chase or JPMorgan Chase Bank, N.A. The Plan complies with the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan is designed to comply with Section 404(c) of ERISA and the related regulations. As a result, the Plan’s fiduciaries may be released from liability for any losses that result from the Participant’s individual investment decisions.

Eligibility

Full-time employees are eligible to enroll in the Plan as of their first day of employment. Part-time employees are eligible to participate after completing 90 days of service. Generally, any employee who is employed on an hourly (regularly scheduled to work less than 20 hours per week), occasional, casual, temporary, seasonal, intern, or retainer basis, or an individual who is on a non-U.S. dollar payroll, or any individual who would be deemed to be an employee of a contributing employer (“Contributing Employer”) under the employee leasing provisions of Section 414(n) of the Internal Revenue Code of 1986, as amended (“Code”), is not eligible to participate in the Plan.

Contributions

Participant Contributions

The Plan allows an eligible employee (a “Participant”) to defer on a pre-tax and/or Roth 401(k) basis through payroll deductions up to 50% (in 1% increments) of their eligible compensation per pay period subject to certain legal limitations (“Deferred Contributions”). Eligible compensation generally means base salary plus applicable job differential pay (i.e., shift pay). In certain situations, eligible compensation includes other cash earnings (e.g., commissions, draws, and overrides) paid under certain plans that provide compensation in lieu of base salary. Eligible compensation excludes overtime, bonuses, special pay, or any other additional compensation and is not reduced by pre-tax contributions under this Plan and under certain other plans. The maximum annual eligible compensation under the Plan may not exceed the applicable statutory limit. In addition, Participants who are age 50 or older are permitted to make additional Deferred Contributions known as “catch-up” contributions.

Employer Matching Contributions

Generally, except as discussed below, each Contributing Employer makes a matching contribution (“Matching Contributions”) on behalf of each Participant who has completed one year of service in an amount equal to 100% of such Participant’s Deferred Contributions up to 5% of such Participant’s eligible compensation each pay period. Participants whose annual total cash compensation is $250,000 or more are not eligible to receive Matching Contributions. This determination is made each August 1 and applies for the next succeeding calendar year.

The Firm announced that, effective May 1, 2009, for employees earning $50,000 or more per year, Matching Contributions to the Plan will be made at the discretion of the Firm’s management, depending on the Firm’s earnings for the year. Additionally, the Firm amended the employer Matching Contributions feature of the Plan to provide that: (i) Matching Contributions, if any, will be calculated and credited on an annual basis following the end of the calendar year; and (ii) Matching Contributions will vest after three years of service for employees hired on or after May 1, 2009. The Firm announced in November 2009 that, for 2009, it will contribute the full Matching Contributions for all eligible employees earning less than $250,000 based on their contributions to the Plan, but not to exceed 5% of their eligible compensation (e.g., base pay). The Matching Contributions related to eligible employee contributions earned between May 1 and December 31, 2009 were allocated to the Plan in February 2010.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

A Participant may elect to have 100% of their Matching Contributions invested in the same manner as their Deferred Contributions. If a Participant fails to make such an election, Matching Contributions will be invested in the Plan’s JPMorgan Chase Common Stock Fund.

Employer Non-Matching Contributions

In 2008 JPMorgan Chase Bank, N.A., on behalf of each Contributing Employer, granted a discretionary contribution that was allocated to the accounts of certain non-highly compensated employees. A discretionary contribution was announced in 2009 and allocated to the accounts of certain non-highly compensated employees in January 2010. The vesting provisions and investment provisions of such contributions were communicated to employees at the time they were announced.

Rollover Contributions

The Plan accepts qualifying rollover contributions made by Participants in cash from qualified retirement plans of other employers, including: qualified traditional individual retirement accounts (“IRA”); contributory individual retirement accounts; and governmental plans. After-tax and Roth 401(k) rollovers are not accepted by the Plan. Beginning in April 2010, the Plan will accept Roth 401(k) rollovers.

Dividend Election

The JPMorgan Chase Common Stock Fund has been designated as a nonleveraged employee stock ownership plan. As such, a Participant may elect to have any dividends attributable to their vested balance paid to them on a quarterly basis rather than reinvested; the dividend payments are not subject to an early distribution tax penalty. If a Participant makes no election, the dividend income will automatically be reinvested in the Participant’s account in the JPMorgan Chase Common Stock Fund.

Vesting

A Participant’s Deferred Contributions are always 100% vested, including any associated investment performance (or “earnings”). Participants hired before May 1, 2009 are immediately 100% vested in the value of the Matching Contributions, including any associated investment performance. Any Matching Contributions for eligible Participants hired on or after May 1, 2009 will become 100% vested after they have completed three years of service. Employer non-matching contributions, if any, generally vest according to the schedule communicated at the time they are contributed.

Forfeited Accounts

At December 31, 2009 and 2008, forfeited nonvested accounts totaled $856,258 and $906,703, respectively. Matching Contributions that are forfeited are used to reduce a Contributing Employer’s future Matching Contributions.

Distributions

Withdrawal of Contributions

The Plan allows a Participant to withdraw all or any portion of their vested account balance attributable to after-tax contributions or contributions rolled over from another qualified plan or IRA, if any. Certain individuals who participated in prior plans may also withdraw other types of nonforfeitable employer contributions, subject to certain restrictions.

Participants who have withdrawn all amounts permissible under the preceding paragraph may request to withdraw up to the remaining amount of their vested account balance only upon attaining age 59¹/2 or for reasons of financial hardship, provided, however, that earnings realized after December 31, 1988, on Deferred Contributions, Matching Contributions made after December 31, 2004, and certain other Deferred Contributions under prior plans are not available for hardship withdrawal.

Payment of Vested Benefits

A Participant who terminates employment may elect to receive the value of their vested benefit under the Plan. In the event of the death of a married Participant, fully vested benefits will be distributed to the Participant’s spouse or to another beneficiary if the spouse previously consented. An unmarried Participant may designate anyone as their beneficiary. If there is no spouse or living beneficiary on the date of the Participant’s death, then the value of the vested benefit is distributed to the Participant’s estate.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

A terminated Participant whose vested account balance under the Plan (including loans) is greater than $1,000 may elect to: (1) receive a lump sum payment; (2) obtain a rollover payment to an IRA (traditional or Roth) or another employer’s qualified plan; (3) receive monthly, quarterly or annual installments over a period not exceeding their life expectancy, or (4) defer receipt of the distribution until April 1 of the year after they attain the age of 70¹/2. If no election is made, then the account distribution will be deferred, automatically, until the month after the Participant attains age 65.

If a terminated Participant’s vested account balance does not exceed $1,000, the account balance, less any required income tax withholding, will be paid to the Participant in a single lump sum. However, if the Participant elects to roll over the distribution to an IRA (traditional or Roth) or another employer’s qualified plan, the entire account balance will be distributed as there is no requirement to withhold income taxes.

Loans to Plan Participants

The Plan permits Participants to borrow a portion of their vested account balance without paying income taxes or incurring income tax penalties. The minimum loan amount is $1,000. The maximum aggregate amount of all loans to any Participant under the Plan is the lesser of $50,000 (reduced by the highest loan balance outstanding during the 12-month period preceding the date of the new loan) or 50% of the vested value of their account balance. The interest rate on a loan is based on the prime rate in effect on the first business day of the month, and it is fixed for the duration of the loan. Generally, loans must be paid off within five years. If, however, the loan is for the purchase of a principal residence, the repayment period may be up to 15 years. A Participant is limited to no more than six loans outstanding at any time. Loan principal and interest are paid through payroll deductions. Loan transactions are reported in the Statements of Net Assets Available for Benefits as loans to plan participants.

Plan Expenses

To the extent not paid in full or in part by the Contributing Employers, the Trustee uses Plan assets to pay the expenses of the Plan, such as taxes (if any) incurred on the income or assets of the trust, brokerage commissions and other expenses associated with the purchase and sale of investments by the managers of the Funds, investment management fees paid and other expenses directly attributable to the administration of the Plan.

2. Summary of Significant Accounting Policies

Basis of Presentation

The accounting and financial reporting policies of the Plan conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”). Certain prior year amounts have been reclassified to conform to the current presentation.

Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements requires Plan management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes in net assets available for benefits, and disclosure of contingent assets and liabilities. Actual results could be different from these estimates.

FASB Accounting Standards Codification

In July 2009, the Financial Accounting Standards Board (“FASB”) implemented the FASB Accounting Standards Codification (the “Codification”) as the single source of authoritative U.S. GAAP. The Codification simplifies the classification of accounting standards into one online database under a common referencing system, organized into eight areas, ranging from industry-specific to general financial statement matters. Use of the Codification is effective for interim and annual periods ending after September 15, 2009. The Plan began to use the codification on the effective date, and it had no impact on the Plan’s Net Assets Available for Benefits or on the Changes in Net Assets Available for Benefits. However, throughout these financial statements, all references to prior FASB, AICPA, and EITF accounting pronouncements have been removed, and all accounting guidance is referred to in terms of the applicable subject matter.

Investment Valuation

All investments are recorded at fair value. For information related to the Plan’s valuation methodologies for its investments, see Note 3 of these financial statements.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Fully Benefit-Responsive Investment Contracts

The Plan accounts for synthetic guaranteed investment contracts (“GIC”) at contract value. A synthetic GIC is an investment contract in which the Plan owns the underlying assets and purchases fully benefit-responsive wrapper contracts from independent third parties (“Issuers”), which provide market value and cash flow risk protection to the Plan.

Investment contracts held by a defined contribution plan are typically reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of the Plan that are attributable to fully benefit-responsive investment contracts. Contract value is used because that is the amount Participants would receive if they were to initiate permitted transactions under the terms of the Plan. The synthetic GIC is presented on the Statement of Net Assets Available for Benefits at the fair value of the investment contracts with an adjustment from fair value to contract value to arrive at net assets available for benefits. The Statement of Changes in Net Assets Available for Benefits is prepared on a basis that reflects income credited to Participants but not realized and unrealized gains and losses on the investment contracts.

Securities and Securities Lending Transactions

Securities transactions are recorded on a trade-date basis. Realized gains (losses) are computed based on the average cost of securities sold. Dividend income is recorded on the ex-dividend date. Interest income is accounted for on the accrual basis.

Prior to December 31, 2009, the Plan participated in a securities lending program administered by JPMorgan Chase Bank, N.A. Under the program, borrowers were required to provide collateral equal to a minimum of 102% (105% for non-U.S. securities) of the fair value of the loaned securities in the form of cash, U.S. government securities, or other qualifying securities. JPMorgan Chase Bank, N.A. paid all the costs of the program. Net interest income (expense) under the program was $197,530 and $(7,951,093) in 2009 and 2008, respectively, which is recorded in interest income in the Statement of Changes in Net Assets Available for Benefits. At December 31, 2008, equity securities, U.S. federal, state, local and non-U.S. government securities, corporate debt securities, and other investments of the Plan with an aggregate fair value of $234,820,941, had been loaned under this program. As of December 31, 2009, the Plan is no longer involved with securities lending transactions.

Participant Withdrawals

Participant withdrawals are recorded when paid.

Differences between Financial Statements and Form 5500

The Plan calculates realized gains (losses) and unrealized appreciation (depreciation) as the difference between fair value and cost. Internal Revenue Service (“IRS”) Form 5500 calculates realized gains (losses) and unrealized appreciation (depreciation) as the difference between fair value at December 31, 2009 and fair value at the prior period year-end.

The Plan does not reflect as liabilities amounts allocated to the accounts of Participants who have elected to withdraw from the Plan but have not yet been paid. The Department of Labor, however, requires that these amounts be reported as a liability on Form 5500. Similarly, amounts allocated to withdrawals by Participants that have been processed and approved for payment prior to December 31, but are not yet paid as of that date are recorded on the Form 5500 as benefits paid. There were no reconciling items between the net assets available for benefits as disclosed in these financial statements and the Form 5500.

Foreign Currency Translation

The Plan revalues assets and liabilities denominated in foreign (i.e., non-U.S.) currencies into U.S. dollars using applicable exchange rates as of the date of the Statement of Net Assets Available for Benefits. Income and expenses denominated in foreign (i.e., non-U.S.) currencies are revalued at the exchange rates prevailing at the date of the transaction.

Accounting and Reporting Developments

Accounting for transfers of financial assets and repurchase financing transactions

In February 2008, the FASB issued guidance which requires an initial transfer of a financial asset and a repurchase financing that was entered into contemporaneously with, or in contemplation of, the initial transfer to be evaluated together as a linked transaction, unless certain criteria are met. The Plan adopted the guidance on January 1, 2009, for transactions entered into after the date of adoption. The adoption of the guidance did not have a material impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Disclosures about derivative instruments and hedging activities

In March 2008, the FASB issued guidance which amends the prior disclosure requirements for derivatives. The guidance, which is effective for fiscal years beginning after November 15, 2008, requires increased disclosures about derivative instruments and hedging activities and their effects on an entity’s financial position, financial performance, and cash flows. The Plan adopted the guidance on January 1, 2009, and it only affected the Plan’s disclosures of derivative instruments, and not it’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

Determining the fair value of a financial asset when the market for that asset is not active

In October 2008, the FASB issued guidance which clarifies the application of fair value measurement in a market that is not active and provides an example to illustrate key considerations in determining the fair value of a financial instrument when the market for that financial asset is not active. The guidance was effective upon issuance, including prior periods for which financial statements have not been issued. The application of this guidance did not have an impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

Determining fair value when the volume and level of activity for the asset or liability have significantly decreased, and identifying transactions that are not orderly

In April 2009, the FASB issued guidance for estimating fair value when the volume and level of activity for an asset or liability have significantly declined. The guidance also includes identifying circumstances that indicate a transaction is not orderly. The guidance is effective for interim and annual reporting periods ending after June 15, 2009, with early adoption permitted. The application of this guidance did not have an impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

Subsequent events

In May 2009, the FASB issued guidance that established general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. The guidance was effective for interim or annual financial periods ending after June 15, 2009. The application of this guidance did not have an impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

Accounting for transfers of financial assets and consolidation of variable interest entities

In June 2009, the FASB issued guidance which amends the accounting for the transfers of financial assets and the consolidation of VIEs. The guidance also changes the approach for determining the primary beneficiary of a VIE from a quantitative risk and rewards-based model to a qualitative model, based on control and economics. The guidance became effective for annual reporting periods beginning after November 15, 2009, including all interim periods within the first annual reporting period.

In February 2010, the FASB finalized an amendment that defers the requirements of the new consolidation guidance for determining the primary beneficiary of a VIE for certain investment funds, including mutual funds, private equity funds and hedge funds. For the funds included in the deferral, the Plan will continue to apply other existing authoritative guidance to determine whether such funds should be consolidated; as such, these funds are not included in the above disclosure of the impact of adopting the new guidance for VIEs.

Measuring liabilities at fair value

In August 2009, the FASB issued guidance clarifying how to develop fair value measurements for liabilities, particularly where there may be a lack of observable market information. This guidance is effective for interim or annual periods beginning after August 26, 2009. The application of this guidance did not have an impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

Measuring fair value of certain alternative investments

In September 2009, the FASB issued guidance which amends the guidance on fair value measurements and offers a practical expedient for measuring the fair value of investments in certain entities that calculate net asset value (“NAV”) per share when the fair value is not readily determinable. This guidance is effective for the first interim or annual reporting period ending after December 15, 2009. The Plan adopted the guidance in the fourth quarter 2009, and it did not have a material impact on the Plan’s Statement of Net Assets Available for Benefits or Statement of Changes in Net Assets Available for Benefits.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Fair value measurements and disclosures

In January 2010, the FASB issued guidance that requires new disclosures, and clarifies existing disclosure requirements, about fair value measurements. The clarifications and requirements to separately disclose transfers of instruments between level 1 and level 2 of the fair value hierarchy are effective for interim reporting periods beginning after December 15, 2009; however, the requirement to provide purchases, sales, issuances and settlements in the level 3 rollforward on a gross basis is effective for fiscal years beginning after December 15, 2010. Although early adoption of this guidance is permitted, the Plan did not early adopt.

3. Fair Value Measurements

Determination of Fair Value

Following is a description of the Plan’s valuation methodologies for assets and liabilities measured at fair value. The Plan has an established and well-documented process for determining fair values. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based upon quoted market prices, where available. If listed prices or quotes are not available, fair value is based upon models that primarily use, as inputs, market-based or independently-sourced market parameters, including yield curves, interest rates, volatilities, equity or debt prices, foreign exchange rates and credit curves. In addition to market information, models also incorporate transaction details, such as maturity of the investment. Valuation adjustments, such as liquidity valuation adjustments, may be necessary when the Plan is unable to observe a recent market price for a financial instrument that trades in inactive (or less active) markets. Liquidity adjustments are not taken for positions classified within level 1 (as defined below) of the fair value hierarchy.

The methods described above to estimate fair value may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.

Valuation Hierarchy

A three-level valuation hierarchy has been established under U.S. GAAP for disclosure of fair value measurements. The valuation hierarchy is based on the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:

•

Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

•

Level 2 — inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

•

Level 3 — one or more inputs to the valuation methodology are unobservable and significant to the fair value measurement.

A financial instrument’s categorization within the valuation hierarchy is based on the lowest level of input that is significant to the fair value measurement.

Following is a description of the valuation methodologies used for instruments measured at fair value, including the general classification of such instruments pursuant to the valuation hierarchy.

Assets and Liabilities

JPMorgan Chase & Co. and other equity securities

JPMorgan Chase & Co. common stock is valued at the closing price reported on the New York Stock Exchange and is classified within level 1 of the valuation hierarchy. Other common and preferred stocks are valued at the closing price reported on the major stock exchange on which the individual securities are traded and are generally classified within level 1 of the valuation hierarchy. If quoted exchange prices are not available for the specific common stock, other independent pricing services or broker quotes are consulted for valuation purposes. Consideration is given to the nature of the quotes (e.g., indicative or firm) and the relationship of recently evidenced market activity to the prices provided from independent pricing services. Other common and preferred stock that do not have quoted exchange prices are generally classified within level 2 of the valuation hierarchy.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Common/collective trust funds and registered investment companies (mutual funds)

These investments are public investment vehicles valued based on the calculated NAV of the fund. Where the funds produce a daily NAV that is validated by a sufficient level of observable activity (purchases and sales at NAV), the NAV is used to value the fund investment and it is classified in level 1 of the valuation hierarchy. Where adjustments to the NAV are required, for example, with respect to interests in funds subject to restrictions on redemption (such as lock-up periods or withdrawal limitations) and/or observable activity for the fund investment is limited, investments are classified within level 2 of the valuation hierarchy.

Corporate debt securities, and U.S. federal, state, local and non-U.S. government debt securities

The fair value of these investments is estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Such securities are generally classified within level 2 of the valuation hierarchy.

Mortgage-backed securities

Mortgage-backed securities (“MBS”) include both U.S. government agency and U.S. government-sponsored enterprise (collectively, “U.S. government agencies”), and nonagency pass-through securities. U.S. government agency securities are valued based on quoted prices in active markets and are therefore classified in level 1 of the valuation hierarchy. Nonagency securities are primarily “AAA” rated residential and commercial MBS valued using a combination of observed transaction prices, independent pricing services and relevant broker quotes. Consideration is given to the nature of the quotes and the relationships of recently evidenced market activity to the prices provided from independent pricing services. Such securities are generally classified within level 2 of the valuation hierarchy.

Synthetic guaranteed investment contracts

The fair value of the synthetic GICs is based on the underlying investments. The underlying investments are common/collective trust funds, which are public investment vehicles, valued at the NAV as described above. Such investments are generally classified within level 2 of the valuation hierarchy. The related wrapper contracts have a fair value of $6.6 million and $6.7 million, at December 31, 2009 and 2008, respectively. See Note 8 of these financial statements for further information on these contracts.

Derivatives

Exchange-traded derivatives valued using quoted prices are classified within level 1 of the valuation hierarchy. However, few classes of derivative contracts are listed on an exchange; thus, the majority of the Plan’s derivative contracts are valued using models that use as their basis readily observable market parameters — that is, parameters that are actively quoted and can be validated to external sources, including industry pricing services. Depending on the types and contractual terms of derivatives, fair value can be modeled using a series of techniques, such as the Black-Scholes option pricing model, simulation models or a combination of various models, which are consistently applied. Where derivative products have been established for some time, the Plan uses models that are widely accepted in the financial services industry. These models reflect the contractual terms of the derivatives, including the period to maturity, and market-based parameters such as interest rates, volatility, and the credit quality of the counterparty. Further, many of these models do not contain a high level of subjectivity, as the methodologies used in the models do not require significant judgment, and inputs to the model are readily observable from actively quoted markets, as is the case for “plain vanilla” interest rate swaps, option contracts and credit default swaps. Such instruments are generally classified within level 2 of the valuation hierarchy. See Note 6 of these financial statements for further information on derivative instruments.

Loans to plan participants

Loans to plan participants are valued at cost, which approximates fair value. Although amortized cost is viewed as a proxy for fair value, there is no active market for loans to plan participants; hence, such loans are classified within level 3 of the valuation hierarchy.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Other

Other predominantly consists of securities purchased under resale agreements (“resale agreements”). To estimate the fair value of resale agreements, cash flows are evaluated taking into consideration any derivative features of the resale agreement and are then discounted using the appropriate market rates for the applicable maturity. As the inputs into the valuation are primarily based on readily observable pricing information, such resale agreements are classified within level 2 of the valuation hierarchy.

Investments measured at net asset value

The Plan uses the NAV to determine fair value of multiple investments, including: (1) investments that have readily determinable fair values, which are classified in level 1 of the valuation hierarchy; and (2) investments for which the underlying investments (a) do not have a readily determinable fair value and (b) either have the attributes of an investment company or prepare their financial statements consistent with the measurement principles of an investment company, which are in level 2 of the valuation hierarchy. The fair values of investments valued at NAV at December 31, 2009, were $6.2 billion, which were classified within the valuation hierarchy as follows: $4.2 billion in level 1 and $2.0 billion in level 2. These investments consist predominantly of investments in common/collective trust funds, registered investment companies (mutual funds) and synthetic GIC underlying investments.

The investment strategies for common/collective trust funds and registered investment companies (mutual funds) and the synthetic GIC underlying investments are varied and they may invest directly and indirectly in a broad range of equities, debt and derivative investments with the objective of mirroring or exceeding the total return of certain market indices (e.g. S&P 500, Russell 1000, Barclays Capital Intermediate Aggregate Bond Index). Strategies may vary based on global macroeconomic views, expected directional movements in the financial markets, market capitalization (e.g. large, medium or small cap stocks), and other strategies. Certain of these investments are not subject to restrictions on redemption; however certain of these investments may be sold based on the level of capital markets activity, market levels, the performance of the broader economy and investments-specific issues.

The Plan has no commitments to make additional investments in investments that are valued at NAV.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

The following tables present the financial instruments carried at fair value as of December 31, 2009 and 2008, by caption on the Statement of Net Assets Available for Benefits and by fair value hierarchy (as described above).

Assets and liabilities measured at fair value on a recurring basis


							Total carrying
December 31, 2009	Level 1		Level 2		Level 3		value
Equity securities
JPMorgan Chase & Co	$	2,886,203,669	$	—	$	—	$	2,886,203,669
Other banks and finance companies		214,331,547		—		—		214,331,547
Capital equipment		270,888,047		—		—		270,888,047
Consumer goods		220,146,225		—		—		220,146,225
Business services		196,755,824		—		—		196,755,824
Materials		127,093,373		—		—		127,093,373
Energy		125,232,577		—		—		125,232,577
Real estate		17,787,895		—		—		17,787,895
Other		237,454,452		667,181		—		238,121,633

Total JPMorgan Chase & Co. and other equity securities		4,295,893,609		667,181		—		4,296,560,790
Common/collective trust funds		2,732,991,503		—		—		2,732,991,503
Synthetic guaranteed investment contracts		—		2,019,258,487		—		2,019,258,487
Registered investment companies (mutual funds)
Large cap value funds		428,703,151		—		—		428,703,151
Core bond funds		370,735,169		—		—		370,735,169
Investment-grade & medium duration funds		368,828,023		—		—		368,828,023
Mid cap growth funds		276,032,306		—		—		276,032,306
Fixed-income funds		—		13,378,284		—		13,378,284

Total Registered investment companies (mutual funds)		1,444,298,649		13,378,284		—		1,457,676,933
Corporate debt securities		—		983,023,074		—		983,023,074
U.S. federal, state, local and non-U.S. government securities		—		670,319,227		—		670,319,227
Loans to plan participants		—		—		354,093,534		354,093,534
Mortgage-backed securities		232,990,427		46,598,908		—		279,589,335
Derivative receivables		13,560		1,310,542		—		1,324,102
Other		9,585,873		32,599,571		—		42,185,444

Total assets at fair value	$	8,715,773,621	$	3,767,155,274	$	354,093,534	$	12,837,022,429

Derivative payables	$	96,016	$	2,439,932	$	—	$	2,535,948

Total liabilities at fair value	$	96,016	$	2,439,932	$	—	$	2,535,948

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Assets and liabilities measured at fair value on a recurring basis


							Total carrying
December 31, 2008	Level 1		Level 2		Level 3		value
Equity securities
JPMorgan Chase & Co	$	2,318,465,663	$	—	$	—	$	2,318,465,663
Other banks and finance companies		166,080,978		—		—		166,080,978
Capital equipment		177,909,271		2,063,683		—		179,972,954
Consumer goods		208,060,067		—		—		208,060,067
Business services		204,463,061		—		—		204,463,061
Materials		97,220,046		—		—		97,220,046
Energy		116,040,463		—		—		116,040,463
Real estate		16,326,010		—		—		16,326,010
Other		177,532,793		—		—		177,532,793

Total JPMorgan Chase & Co. and other equity securities		3,482,098,352		2,063,683		—		3,484,162,035
Common/collective trust funds		2,420,105,066		—		—		2,420,105,066
Synthetic guaranteed investment contracts		—		1,846,566,762		—		1,846,566,762
Registered investment companies (mutual funds)
Large cap value funds		327,406,332		—		—		327,406,332
Core bond funds		314,253,468		—		—		314,253,468
Investment-grade & medium duration funds		279,438,487		—		—		279,438,487
Mid cap growth funds		191,984,996		—		—		191,984,996
Fixed-income funds		—		267,469,113		—		267,469,113

Total Registered investment companies (mutual funds)		1,113,083,283		267,469,113		—		1,380,552,396
Corporate debt securities		—		766,529,932		—		766,529,932
U.S. federal, state, local and non-U.S. government debt securities		—		590,203,752		—		590,203,752
Loans to plan participants		—		—		332,562,740		332,562,740
Mortgage-backed securities		—		142,228,291		—		142,228,291
Derivative receivables		524		56,399,895		—		56,400,419
Other		9,467,112		19,849,152		—		29,316,264

Total assets at fair value	$	7,024,754,337	$	3,691,310,580	$	332,562,740	$	11,048,627,657

Derivative payables	$	1,540,100	$	75,767,620	$	—	$	77,307,720

Total liabilities at fair value	$	1,540,100	$	75,767,620	$	—	$	77,307,720

Changes in level 3 recurring fair value measurements

The tables below includes a rollforward of the activity for financial instruments classified by the Plan within level 3 of the fair value hierarchy for the years ended December 31, 2009 and 2008 (including changes in fair value). Level 3 financial instruments typically include, in addition to the unobservable or level 3 components, observable components (that is, components that are actively quoted and can be validated to external sources); accordingly, the gains and losses in the table below include changes in fair value due in part to observable factors that are part of the valuation methodology.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Fair value measurements using significant unobservable inputs


											Change in unrealized gains /
											(losses) related to
					Purchases,		Transfers				financial
	Fair value		Total realized/		issuances,		into and/		Fair value,		instruments held at
For the year ended	January 1,		unrealized		settlements		or out of		December 31,		December 31,
December 31, 2009	2009		gains/(losses)		net		level 3		2009		2009
Loans to plan participants	$	332,562,740	$	—	$	21,530,794	$	—	$	354,093,534	$	—

Total investments	$	332,562,740	$	—	$	21,530,794	$	—	$	354,093,534	$	—

Fair value measurements using significant unobservable inputs


											Change in unrealized gains /
											(losses) related to
					Purchases,		Transfers				financial
	Fair value		Total realized/		issuances,		into and/		Fair value,		instruments held at
For the year ended	January 1,		unrealized		settlements,		or out of		December 31,		December 31,
December 31, 2008	2008		gains/(losses)		net		level 3		2008		2008
Loans to plan participants	$	—	$	—	$	29,350,504	$	303,212,236	$	332,562,740	$	—

Total investments	$	—	$	—	$	29,350,504	$	303,212,236	$	332,562,740	$	—

4. Investment Program

The net assets available for benefits of the Plan at December 31, 2009 and 2008, are held in a Trust Fund administered by JPMorgan Chase Bank, N.A., as trustee (“Trustee”).

As of December 31, 2009, the 25 investment options consist of: 21 core investment funds, including six fixed-income funds, eleven domestic equity funds, and four international equity funds; the JPMorgan Chase Common Stock Fund and three lifestyle portfolios. Each lifestyle portfolio invests in a predetermined mix of core investment funds (excluding the JPMorgan Chase Stock Fund), with varying risk/return policies. The Participants direct their accounts and the funds are managed by various investment managers.

Fund transactions are processed on a daily basis and are recorded at an aggregate level within the Trust Fund. J.P. Morgan Retirement Plan Services, LLC, a wholly-owned subsidiary of JPMorgan Chase, is the record keeper for the Plan.

Participants may elect to change the allocation of their account balances and contributions in the investment funds on a daily basis. Participant requests for fund reallocations, transfers and distributions are processed on a daily basis using net asset values. Changes become effective on the same business day if the New York Stock Exchange is open and the request is made before 4 p.m. Eastern Time, or by the close of the New York Stock Exchange, whichever is earlier. Otherwise, the changes become effective on the next business day.

At its discretion, JPMorgan Chase Bank, N.A. may place restrictions on investments in the funds and on daily transfers and reallocations among funds.

5. Investments

Investments that represent five percent or more of the Plan’s net assets available for benefits at December 31, 2009 and 2008 were as follows:


Description	2009		2008
JPMorgan Chase & Co. common stock	$	2,886,203,669	$	2,318,465,663
Blackrock Equity Index Fund		1,252,893,023		—
JPM/State Street Bank		714,017,044		652,213,961
JPM/Bank of America		680,070,248		621,450,141
BGI S&P 500 Index Fund		—		1,011,546,087
AIG GIC #496672		—		572,902,660

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

During the years ended December 31, 2009 and 2008, the Plan’s investments generated net appreciation (depreciation) as follows:


Description	2009			2008
Based on quoted market prices:
JPMorgan Chase & Co. and other equity securities	$	1,088,086,186		$	(1,663,002,057	)
Registered investment companies		259,856,442			(537,812,305	)
Other		3,180,692			(3,073,961	)
Mortgage-backed securities		1,807,181			—
Derivative receivables (payables), net		(33,000	)		1,175,098

Total based on quoted market prices		1,352,897,501			(2,202,713,225	)

Based on estimated fair value:
Common/collective trust funds		562,312,442			(987,760,738	)
Corporate debt securities		95,365,796			(131,901,414	)
Derivative receivables (payables), net		10,030,618			(18,040,483	)
U.S. federal, state, local and non-U.S. government securities		9,956,882			(8,351,316	)
Registered investment companies		5,282,292			(22,314,826	)
Mortgage-backed securities		2,673,699			2,224,130
JPMorgan Chase & Co. and other equity securities		466,062			(1,039,049	)
Other		(123,820	)		(7,613,442	)

Total based on estimated fair value		685,963,971			(1,174,797,138	)

Total net (depreciation)/appreciation	$	2,038,861,472		$	(3,377,510,363	)

6. Derivative Instruments

Derivative instruments enable end-users to modify or mitigate exposure to credit or market risks. Counterparties to a derivative contract seek to obtain risks and rewards similar to those that could be obtained from purchasing or selling a related cash instrument without having to exchange the full purchase or sales price upfront. The Plan uses derivatives to hedge or manage risk of market exposures.

The Plan primarily manages its market exposures using interest rate, foreign currency and credit derivative contracts.

Interest rate contracts are used to minimize fluctuations in net assets available for benefits that are caused by changes in interest rates. Fixed-rate assets and liabilities appreciate or depreciate in market value as interest rates change. Similarly, interest income and expense increases or decreases as a result of variable-rate assets, resetting to current market rates, and as a result of the repayment and subsequent origination of fixed-rate assets at current market rates. Gains or losses on the derivative instruments that are related to such assets are expected to substantially offset this variability. The Plan generally uses interest rate swaps, forwards and futures to manage the impact of interest rate fluctuations on the fair value of investments.

Foreign currency forward contracts represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon price on an agreed-upon settlement date. The Plan uses foreign currency forward contracts to manage the foreign exchange risk associated with certain foreign currency—denominated (i.e., non-U.S.) assets. As a result of fluctuations in foreign currencies, the U.S. dollar-equivalent values of the foreign currency-denominated assets increase or decrease. Gains or losses on the derivative instruments related to these foreign currency-denominated assets are expected to substantially offset this variability. The Plan may buy or sell foreign exchange forward contracts. The Plan is subject to the risk that the counterparty to a foreign currency forward contract will not fulfill its obligation under the contract.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

The Plan uses credit derivatives, which compensate the purchaser when the entity referenced in the contract experiences a credit event, such as bankruptcy or a failure to pay an obligation when due. For a further discussion of credit derivatives, see the discussion in the Credit derivatives section on pages 19 — 20 of this Note.

Accounting for Derivatives

All derivatives are required to be recorded on the Statement of Net Assets Available for Benefits at fair value, with all changes in fair value reflected in the Statements of Changes in Net Assets Available for Benefits.

Notional amount of derivative contracts

The following table summarizes the gross notional amount of derivative contracts outstanding as of December 31, 2009, irrespective of any legally enforceable master netting agreements.


	Notional amounts^(a)
	December 31, 2009
Interest rate contracts
Futures and forwards	$	268,000,000
Written options		207,600,000
Swaps		8,800,000

Total interest rate contracts	$	484,400,000

Credit derivatives	$	19,412,200

Foreign exchange contracts
Spot, futures and forwards	$	292,181,010

Total foreign exchange contracts	$	292,181,010

Equity contracts
Futures and forwards	$	93,400,000
Written options		1,000,000
Warrants		16,046

Total equity contracts	$	94,416,046

Total derivative notional amounts	$	890,409,256


(a)		Represents the sum of gross long and gross short third-party notional derivative contracts.

While the notional amounts disclosed above indicate the volume of the Plan’s derivative activity, the notional amounts significantly exceed, in the Plan’s view, the possible losses that could arise from such transactions. For most derivative transactions, the notional amount does not change hands; it is used simply as a reference to calculate payments.

Impact of derivatives on the Statements of Net Assets Available for Benefits

The following table summarizes the gross fair values of derivative receivables and payables by contract type as of December 31, 2009 and 2008, respectively.


	Derivative receivables					Derivative payables
December 31,	2009		2008			2009		2008

Foreign exchange contracts	$	1,205,714	$	(2,436,697	)	$	—	$	—
Interest rate contracts		103,254		3,081,053			2,170,251		12,174,939
Equity contracts		13,560		524			—		—
Credit derivatives		1,574		55,755,539			365,697		65,132,781

Gross fair value of derivative receivables and payables	$	1,324,102	$	56,400,419		$	2,535,948	$	77,307,720

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

Derivatives gains and losses

The following table presents derivatives, by contract type, and the gains/(losses) recorded on such derivatives for the years ended December 31, 2009 and 2008, respectively. All amounts are recorded in net (depreciation)/appreciation in fair value of investments in the Statement of Changes in Net Assets Available for Benefits.


	Derivatives gains/(losses)
Year ended December 31,	2009			2008
Interest rate contracts	$	10,901,093		$	(4,501,496	)
Equity contracts		2,321,205			1,222,421
Credit derivatives		(1,933,274	)		(16,116,939	)
Foreign exchange contracts		(1,291,406	)		2,530,629

Total	$	9,997,618		$	(16,865,385	)

Credit risk, liquidity risk and credit-related contingent features

In addition to the specific market risks introduced by each derivative contract type, derivatives expose the Plan to credit risk — the risk that derivative counterparties may fail to meet their payment obligations under the derivative contracts and the collateral, if any, held by the Plan proves to be of insufficient value to cover the payment obligation. It is the policy of the Plan to enter into legally enforceable master netting agreements as well as to actively pursue the use of collateral agreements to mitigate derivative counterparty credit risk. The amount of derivative receivables reported on the Statement of Net Assets Available for Benefits is the fair value of the derivative contracts irrespective of the effect of legally enforceable master netting agreements and cash collateral held by the Plan. These amounts represent the cost to the Plan to replace the contracts at then-current market rates should the counterparty default. However, in the Plan’s view, the appropriate measure of current credit risk should take into consideration collateral by the Plan.

While derivative receivables expose the Plan to credit risk, derivative payables expose the Plan to liquidity risk, as the derivative contracts require the Plan to post cash or securities collateral with counterparties as the mark-to-market moves in the counterparties’ favor. At December 31, 2009, the Plan has received and posted cash collateral of $1.1 million and $1.5 million, respectively.

Credit derivatives

Credit derivatives are financial instruments whose value is derived from the credit risk associated with the debt of a third-party issuer (the reference entity) and which allow one party (the protection purchaser) to transfer that risk to another party (the protection seller). Credit derivatives expose the protection purchaser to the creditworthiness of the protection seller, as the protection seller is required to make payments under the contract when the reference entity experiences a credit event, such as a bankruptcy, a failure to pay its obligation or a restructuring. The seller of credit protection receives a premium for providing protection but has the risk that the underlying instrument referenced in the contract will be subject to a credit event.

The Plan uses credit derivatives for two different purposes. First, it may sell derivatives to obtain exposure to particular reference entities. The Plan’s exposure to a given reference entity may be offset partially, or entirely, with a contract to purchase protection from another counterparty on the same or similar reference entity. Second, the Plan may use credit derivatives to mitigate the credit risk associated with its overall derivative receivables. In accomplishing the above, the Plan primarily enters into credit default swaps, which are credit derivative contracts between two counterparties that provides protection against a credit event on one or more referenced credits. Protected credit events are specified at the inception of a transaction. Credit derivatives may reference the credit of either a single reference entity (“single-name”) or a broad-based index. The Plan is both a purchaser and seller of credit protection on both single-name and index-reference obligations. Single-name credit default swaps (“CDS”) and index CDS contracts are both OTC derivative contracts. Single-name CDS are used to manage the default risk associated with the broader credit markets or credit market segments. Like the S&P 500 and other market indices, a CDS index is comprised of a portfolio of CDS across many reference entities. New series of CDS indices are established approximately every six months with a new underlying portfolio of reference entities to reflect changes in the credit markets. If one of the reference entities in the index experiences a credit event, then the reference entity that defaulted is removed from the index. CDS can also be referenced against specific portfolios of reference names or against customized exposure levels based on specific client demands: for example, to provide protection against the first $1 million of realized credit losses in a $10 million portfolio of exposure. Such structures are commonly known as tranche CDS.

For both single-name CDS contracts and index CDS, upon the occurrence of a credit event, under the terms of a CDS contract neither party to the CDS contract has recourse to the reference entity. The protection purchaser has recourse to the protection seller for the difference between the face value of the CDS contract and the fair value of the reference obligation at the time of settling the credit derivative contract, also known as the recovery value. The protection purchaser does not need to hold the debt instrument of the underlying reference entity in order to receive amounts due under the CDS contract when a credit event occurs.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

The following table presents a summary of the notional amounts of credit derivatives the Plan sold and purchased as of December 31, 2009. Upon a credit event, the Plan as seller of protection would typically pay out only a percentage of the full notional amount of net protection sold, as the amount actually required to be paid on the contracts takes into account the recovery value of the reference obligation at the time of settlement. The Plan manages the credit risk on contracts to sell protection by purchasing protection with identical or similar underlying reference entities. As such, other purchased protection referenced in the following table includes credit derivatives bought on related, but not identical, reference positions; these include indices, portfolio coverage and other reference points. The Plan does not use notional amounts as the primary measure of risk management for credit derivatives, because notional amounts do not take into account the probability of occurrence of a credit event, recovery value of the reference obligation, or related cash instruments and economic hedges.

Total credit derivatives


	Maximum payout/Notional amount
			Protection purchased with		Net protection		Other protection
December 31, 2009	Protection sold		identical underlyings^(a)		(sold)/purchased^(b)		purchased
Credit derivatives
Credit default swaps	$	4,200,000	$	3,000,000	$	1,200,000	$	12,212,200

Total credit derivatives	$	4,200,000	$	3,000,000	$	1,200,000	$	12,212,200


(a)		Represents the notional amount of purchased credit derivatives where the underlying reference instrument is identical to the reference instrument on which the Plan has sold credit protection.

(b)		Does not take into account the fair value of the reference obligation at the time of settlement, which would generally reduce the amount the seller of protection pays to the buyer of protection in determining settlement value.

The following table summarizes the notional and fair value amounts of credit derivatives and credit-related notes as of December 31, 2009, where the Plan is the seller of protection. The maturity profile is based on the remaining contractual maturity of the credit derivative contracts. The ratings profile is based on the rating of the reference entity on which the credit derivative contract is based. The ratings and maturity profile of protection purchased are comparable to the profile reflected below.

Protection sold — credit derivatives ratings/maturity profile


							Total
December 31, 2009	<1 year		1 – 5 years		>5 years		notional amount		Fair value
Risk rating of reference entity Investment-grade (AAA to BBB-)	$	—	$	4,200,000	$	—	$	4,200,000	$	(107,217	)

Total	$	—	$	4,200,000	$	—	$	4,200,000	$	(107,217	)

7. Transactions with Affiliated Parties

The following is a summary of transactions with parties affiliated with the Plan for the years ended December 31, 2009 and 2008:


			Aggregate Proceeds from
			Sales, Redemptions and
	Aggregate Cost		Distributions to
	of Purchases		Participants
For the Year Ended December 31, 2009
JPM U.S. Gov’t Capital	$	4,725,316,661	$	4,936,331,633
JPMorgan Chase & Co. common stock		884,550,070		1,042,904,185
Core Bond Fund (managed by JPMorgan Investment Advisors)		108,339,413		31,981,284
Funds managed by JPMorgan Asset Management (USA) Inc.:
Growth and Income Fund		44,429,268		41,027,490
Mid Cap Growth Fund		35,617,294		34,282,280
Short-Term Fixed Income Fund		1,061,461,383		1,107,757,309
Small Cap Core Fund		29,302,795		38,899,755
Stable Value Fund		542,544,489		653,545,923

For the Year Ended December 31, 2008
JPMorgan Domestic Liquidity Fund	$	3,242,447,074	$	3,506,325,170
JPM U.S. Gov’t Capital		1,594,111,843		1,138,062,236
JPMorgan Chase & Co. common stock		967,556,627		1,028,638,185
Core Bond Fund (managed by JPMorgan Investment Advisors)		123,581,469		28,113,328
Funds managed by JPMorgan Asset Management (USA) Inc.:
Growth and Income Fund		69,859,019		87,054,998
Mid Cap Growth Fund		57,978,984		50,651,321
Short-Term Fixed Income Fund		1,483,740,409		1,335,011,370
Small Cap Core Fund		91,084,499		129,430,420
Stable Value Fund		1,177,845,600		750,403,618

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

8. Investments in Synthetic Guaranteed Investment Contracts

The Stable Value Fund invests in a product called synthetic guaranteed investment contract, also known as a wrapper contract. A synthetic GIC is an investment contract issued by an insurance company or other financial institution that is backed by a portfolio of bonds or other fixed income securities (the “underlying assets”) that are separately owned by the Plan. The wrapper contract is designed to protect the contract value of these underlying assets. Under these contracts, realized and unrealized gains and losses on the underlying assets are not immediately recorded in the net assets of the Plan, but are amortized over the maturity or duration of the underlying assets, through adjustments to the future interest crediting rate. The issuer of the wrapper contract guarantees that all qualified participant withdrawals will take place at the contract value.

The Plan accounts for synthetic GIC’s at contract value. Contract value represents contributions made under the contract, plus earnings, less Participant withdrawals and administrative expenses. Participants may customarily direct the withdrawal or transfer of all or a portion of their investment at contract value. The Plan has not received any reserves against the contract value to reflect the credit risk of the issuer of the synthetic GIC or otherwise. The fair value of the synthetic GIC at December 31, 2009 and 2008, was $2,019,258,487 and $1,846,566,762, respectively. The crediting rate, which tracks current market yields on a trailing basis, is reset each calendar quarter based on data as of the last business day of the month prior to the end of the quarter. Crediting rates are reset in accordance with a formula contained in the contract that allows the contract value of the underlying assets to converge to market value over time; this assumes that the underlying assets continue to earn the current yield of the portfolio for a period of time equal to the portfolio’s current duration. The principal variables that affect the determination of the crediting rate are the current yield and duration of the assets underlying the wrapper contract, the existing difference between the market value of the underlying assets and contract value of the wrapper contract, and fees paid to the issuer of the wrapper contract. All of the Plan’s wrapper contracts have a 0% minimum crediting rate. The average yield and interest crediting rate of the synthetic GIC’s were 1.81% and 2.60% at December 31, 2009 and 2008, respectively.

The Plan’s wrapper contracts permit all allowable Participant-initiated transactions to occur at contract value. There are no events known to the Plan that are probable of occurring and which would limit its ability to transact at contract value with the issuer of the wrapper contract, and which also limit the ability of the Plan to transact at contract value with Participants. The wrapper contracts cannot be terminated by its issuer at a value other than contract value or prior to the scheduled maturity date, except under a limited number of very specific circumstances including termination of the Plan or failure to qualify, material misrepresentations by the Plan sponsor or investment manager, failure by these same parties to meet material obligations under the contract, or other similar types of events.

The following is a summary of the Plan’s investments with fully benefit-responsive contracts:


					Wrapper
	Major				Contracts		Adjustments
	Credit		Investments at		at Fair		to Contract		Total
	Ratings		Fair Value		Value		Value		Investment
Investments at December 31, 2009
Bank of America Bond Wrapper	AA		$	680,070,248	$	2,226,466	$	37,069,590	$	719,366,304
State Street Bank Bond Wrapper	AA			714,017,044		2,340,405		38,917,176		755,274,625
AIG Financial Products Bond Wrapper	AA			625,171,195		2,047,039		34,076,820		661,295,054

Synthetic GIC’s				2,019,258,487		6,613,910		110,063,586		2,135,935,983
State Street Bank Loan Wrapper	AA			306,869		—		—		306,869
JPMorgan Domestic Liquidity Fund		N/A		13,157,167		—		—		13,157,167

Other benefit-responsive contracts				13,464,036		—		—		13,464,036

Total			$	2,032,722,523	$	6,613,910	$	110,063,586	$	2,149,400,019


Investments at December 31, 2008
Bank of America Bond Wrapper	AA		$	621,450,141	$	2,636,455	$	85,914,530	$	710,001,126
State Street Bank Bond Wrapper	AA			652,213,961		1,595,610		91,338,939		745,148,510
AIG Financial Products Bond Wrapper	AA			572,902,660		2,430,981		79,202,429		654,536,070

Synthetic GIC’s				1,846,566,762		6,663,046		256,455,898		2,109,685,706
State Street Bank Loan Wrapper	AA			419,708		—		—		419,708
JPMorgan Domestic Liquidity Fund		N/A		150,296,038		—		—		150,296,038

Other benefit-responsive contracts				150,715,746		—		—		150,715,746

Total			$	1,997,282,508	$	6,663,046	$	256,455,898	$	2,260,401,452

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

The other benefit-responsive contracts are held in loans to plan participants (via the State Street Bank Loan Wrapper) and common/collective trust funds (via the JPMorgan Domestic Liquidity Fund) as reported in the Statement of Net Assets Available for Benefits.

9. Tax Status and Federal Income Taxes

On July 1, 2004, the Plan received a favorable letter of determination from the IRS stating that it qualified under Section 401(a) of the Code, and therefore, the related trust is exempt from taxation. Once qualified, the Plan is required to operate in accordance with the Code to maintain its qualified status. The Plan has been amended since receiving the determination letter. However, the Plan administrator believes the Plan has been operating in compliance with applicable requirements of the Code.

Participants currently pay no U.S. federal income tax on Contributing Employer contributions or income earned by the Trust. When a Participant, or his or her beneficiary or estate, receives a distribution under the Plan, the distribution is generally taxable. The tax treatment of any distribution from the Trust depends on individual circumstances.

10. Net Assets Transferred From Other Plans

During 2009 and 2008, JPMorgan Chase acquired all or some of the business operations of certain entities and, accordingly the Plan, received a transfer of net assets with a total fair value of $53,264,960 and $826,567,797 during December 31, 2009 and 2008, respectively. The details of the transfers were as follows:


Description	Amount
Year ended December 31, 2009:
Chase Paymentech	$	53,264,960

Total	$	53,264,960


Year ended December 31, 2008:
The Bear Stearns Companies Inc. Cash or Deferred Compensation Plan	$	573,051,797
The Bear Stearns Companies Inc. Profit Sharing Plan		220,385,668
Bear Wagner Specialists, LLC 401(k) Plan		16,155,868
The Bear Stearns Companies Inc. Employee Stock Ownership Plan		15,430,697
Unicorn Financial Services, Inc 401(k) Plan		1,543,767

Total	$	826,567,797

11. Commitments and Contingencies

The Plan accrues for a litigation-related liability when it is probable that such a liability has been incurred and the amount of the loss can be reasonably estimated. While the outcome of litigation is inherently uncertain, the Trustee of the Plan believes, in light of all information known to it at December 31, 2009, that there is no outstanding litigation affecting the Plan that would require the establishment of a litigation reserve. In addition, the Trustee of the Plan believes that the Plan has meritorious defenses to claims asserted against it in its currently outstanding litigation and, with respect to such litigation, intends to continue to defend itself vigorously, litigating or settling cases according to the Trustee’s judgment as to what is in the best interests of the Plan.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS

12. Risks and Uncertainties

The Plan’s investments include financial instruments which are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain financial instruments, it is at least reasonably possible that changes in the values of financial instruments will occur in the near term and such changes could materially affect the Participants’ account balances and the amounts reported in the Statements of Net Assets Available for Benefits.

The Plan’s exposure to a concentration of credit risk is limited by the diversification of investments across 25 investment fund elections. Additionally, the investments within each Fund are further diversified into various financial instruments, with the exception of the JPMorgan Chase Common Stock Fund, which invests predominantly in JPMorgan Chase & Co. common stock. The Plan’s exposure to credit risk from synthetic GICs is limited to the fair value of the contract with each counterparty.

13. Plan Termination

JPMorgan Chase reserves the right to amend, modify or terminate the Plan at any time. In the event of termination, the value of Participants’ accounts will be paid in accordance with the provisions of the Plan and the provisions of ERISA.

14. Subsequent Event

The Trustee of the Plan has performed an evaluation of events that have occurred subsequent to December 31, 2009, and through June 24, 2010 (the date these financial statements were available to be issued). Other than the event discussed below, there have been no material subsequent events that occurred during such period that would require disclosure in these financial statements, as of or for the year ended December 31, 2009.

Effective March 31, 2010, the WaMu Savings Plan was merged into the Plan, with Plan assets of $968,546,233 transferred on April 1, 2010.

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES:
	3M CO	27,100 SHARES		1,911,517		2,240,357
	A123 SYSTEMS	12,400 SHARES		167,400		278,256
	AAREAL BANK	2,550 SHARES		58,090		48,513
	ABBEY PLC	3,379 SHARES		47,365		23,028
	ACCELL GROUP	17,636 SHARES		855,117		738,096
	ACCENTURE PLC	34,970 SHARES		1,218,477		1,451,255
	ACCOR	45,997 SHARES		2,371,516		2,524,278
	ADECCO SA	5,200 SHARES		222,449		286,975
	ADERANS HOLDINGS CO LTD	21,800 SHARES		198,177		256,415
	ADMINISTAFF INC	28,000 SHARES		918,374		660,520
	ADTRAN INC	86,500 SHARES		1,882,785		1,950,575
	ADVA AG	9,160 SHARES		16,492		33,250
	ADVANTAGE OIL & GAS LTD	54,700 SHARES		336,085		360,023
	AEGIS GROUP	659,540 SHARES		959,568		1,271,679
	AEON STORES CO	2,000 SHARES		2,356		3,301
	AFFILIATED COMPUTER SERVICES INC	89,100 SHARES		5,163,602		5,318,379
	AFG ARBONIA FORSTER HLDGS AG	1,062 SHARES		16,233		25,272
	AGCO CORP	29,000 SHARES		789,582		937,860
	AHRESTY CORPORATION	14,300 SHARES		110,646		84,023
	AICHI BANK	3,700 SHARES		292,665		266,685
	AICHI ELECTRIC CO	5,000 SHARES		11,494		10,742
	AICHI MACHINE INDUSTRY CO	16,000 SHARES		56,890		65,310
	AIDA ENGINEERING	44,800 SHARES		306,793		130,413
	AIR FRANCE — KLM	38,028 SHARES		479,803		600,167
	AIR METHODS CORP	56,400 SHARES		2,047,459		1,896,168
	AIR NEW ZEALAND	322,400 SHARES		208,930		283,859
	AIR WATER INC	205,000 SHARES		2,227,801		2,409,045
	AIRGAS INC	16,200 SHARES		541,224		771,120
	AISAN INDUSTRY CO	25,800 SHARES		284,894		261,894
	AIZAWA SECURITIES CO LTD	9,400 SHARES		71,945		18,175
	AKER SOLUTIONS ASA	365,200 SHARES		4,314,220		4,769,828
	AKZO NOBEL NV	81,530 SHARES		5,336,798		5,427,648
	ALCOA INC	41,500 SHARES		648,847		668,980
	ALEXION PHARMACEUTICAL INC	10,800 SHARES		420,181		527,256
	ALFRESA HOLDINGS CORP	1,800 SHARES		73,297		71,346
	ALIMENTATION COUCH	5,700 SHARES		70,765		113,201
	ALLEGHENY TECHNOLOGIES INC	133,100 SHARES		6,255,646		5,958,887
	ALLIANCE DATA SYSTEM	14,400 SHARES		695,148		930,096
	ALLIED HEARTS HOLDINGS CO	9,000 SHARES		19,962		19,335
	ALLIED PROPERTIES	38,000 SHARES		5,050		7,057
	ALPEN CO LTD	20,400 SHARES		343,680		303,058
	ALPHA NATURAL RESOURCES	23,100 SHARES		461,598		1,002,078
	ALPS LOGISTICS CO	10,500 SHARES		98,507		91,922
	ALTAGAS INCOME TRUST	16,318 SHARES		239,543		292,630
	ALTERA CORP	68,770 SHARES		1,268,565		1,556,265
	ALTRAN TECHNOLOGIES	36,025 SHARES		309,830		192,430
	ALTRIA GROUP INC	42,800 SHARES		687,072		840,164
	AMADA CO	2,000 SHARES		12,958		12,482
	AMADEUS FIRE	8,155 SHARES		136,775		189,429
	AMANO CORPORATION	6,300 SHARES		55,967		53,935
	AMAZON COM INC	13,390 SHARES		1,121,992		1,801,223
	AMERICAN EXPRESS CO	59,450 SHARES		1,771,838		2,408,914
	AMERICAN TOWER CORP	239,500 SHARES		6,714,591		10,348,795
	AMERIGROUP CORP	58,580 SHARES		1,526,453		1,579,317

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	AMERIPRISE FINANCIAL INC	47,500 SHARES		1,809,324		1,843,950
	AMGEN INC	23,000 SHARES		1,176,554		1,301,110
	AMLIN	440,335 SHARES		2,940,922		2,550,626
	AMUSE INC	900 SHARES		10,051		9,484
	AMVIG HOLDINGS LTD	315,000 SHARES		146,127		129,590
	ANALOG DEVICES INC	87,530 SHARES		1,898,410		2,764,197
	ANHEUSER-BUSCH	61,413 SHARES		1,882,727		3,206,847
	ANITE PLC	51,691 SHARES		29,647		26,711
	ANIXTER INTERNATIONAL INC	66,700 SHARES		2,290,074		3,141,570
	ANTOFAGASTA	260,994 SHARES		2,695,569		4,180,944
	AOKI HOLDINGS INC	19,200 SHARES		359,614		190,567
	AOYAMA TRADING CO	29,500 SHARES		702,462		375,187
	APOLLO GROUP INC	37,960 SHARES		2,311,531		2,299,617
	APPLE INC	24,370 SHARES		3,558,297		5,138,658
	ARCH COAL INC	35,900 SHARES		699,567		798,775
	ARGO GRAPHICS	3,800 SHARES		43,951		36,859
	ARKEMA	345 SHARES		7,372		12,870
	ARNOLDO MONDADORI EDITORE	11,663 SHARES		48,375		51,832
	ARONKASEI CO	2,000 SHARES		7,275		7,777
	ARRIVA	121,457 SHARES		1,643,171		974,986
	ASAHI GLASS CO	326,000 SHARES		2,814,359		3,074,580
	ASAHI INDUSTRIES CO LTD	22 SHARES		46,250		43,837
	ASCOM HOLDING	64,000 SHARES		731,037		603,628
	ASG GROUP	29,700 SHARES		23,756		27,779
	ASHTEAD GROUP	126,055 SHARES		111,742		165,291
	ASIA FINANCIAL HLDGS	4,000 SHARES		1,038		1,419
	ASIA SATELLITE TELECOMM’S	2,500 SHARES		5,251		3,547
	ASKA PHARMACEUTICAL CO LTD	9,000 SHARES		69,750		61,776
	ASML HOLDING	138,064 SHARES		2,943,762		4,754,096
	ASPEN INSURANCE HLDGS	40,700 SHARES		997,890		1,035,815
	ASTORIA FINANCIAL CORP	197,000 SHARES		5,670,445		2,448,710
	ASTRAL MEDIA INC	900 SHARES		22,328		28,562
	ASTRAZENECA PLC	61,101 SHARES		2,850,363		2,871,760
	AT&T INC	129,800 SHARES		3,556,017		3,638,294
	ATCO	5,800 SHARES		195,925		255,436
	ATLANTIA SPA	123,575 SHARES		2,871,491		3,235,711
	ATLUS CO	4,900 SHARES		21,078		19,106
	ATMI INC	67,800 SHARES		1,856,851		1,262,436
	ATOS ORIGIN	19,840 SHARES		1,265,912		913,314
	AUSTEREO GROUP	89,000 SHARES		93,344		137,272
	AUSTRALIA & NEW ZEALAND BANK GRP	100,690 SHARES		1,465,020		2,071,911
	AUSTRALIAN PHARMACEUTICAL IND’S	86,216 SHARES		48,700		53,501
	AUTODESK INC	118,000 SHARES		4,320,863		2,998,380
	AUTOGRILL SPA	4,746 SHARES		36,467		60,058
	AUTOMOTIVE HOLDINGS GROUP LTD	32,636 SHARES		69,424		70,149
	AUTOSTRADA TORINO-MILANO-SPA	17,458 SHARES		102,440		258,494
	AUXILIUM PHARMACEUTICALS INC	18,525 SHARES		557,763		555,379
	AVIVA	1,115,959 SHARES		12,918,485		7,170,581
	AVON PRODUCTS INC	21,400 SHARES		522,579		674,100
	AXA	142,328 SHARES		4,257,829		3,377,552
	B & G FOODS HLDGS	174,800 SHARES		1,697,909		1,604,664
	BAE SYSTEMS	709,625 SHARES		3,913,596		4,119,647
	BAKER HUGHES INC	49,950 SHARES		2,993,684		2,021,976
	BALFOUR BEATTY	564,234 SHARES		3,469,888		2,355,331

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	BALLAST NEDAM	15,703 SHARES		208,757		342,454
	BALOISE HOLDING	56,362 SHARES		4,922,892		4,691,608
	BANCO DE SABADELL SA	1,274 SHARES		8,281		7,083
	BANCO PASTOR	39,005 SHARES		282,553		273,656
	BANCO SANTANDER SA	541,591 SHARES		9,561,513		8,974,901
	BANIF SGPS SA	330,000 SHARES		559,004		591,834
	BANK OF AMERICA CORP	401,800 SHARES		9,195,848		6,051,108
	BANK OF NAGOYA	70,000 SHARES		349,159		251,893
	BANK OF NEW YORK MELLON CORP	26,700 SHARES		940,456		746,799
	BANK OF QUEENSLAND LIMITED	2,600 SHARES		27,691		26,914
	BANK OF THE OZARKS	79,400 SHARES		2,279,381		2,324,038
	BANKINTER SA	74,251 SHARES		859,935		761,701
	BANQUE CANTONALE VAUDOISE	2,760 SHARES		820,248		1,097,325
	BARCO	6,500 SHARES		425,612		265,694
	BARD(C.R.) INC	53,100 SHARES		3,568,073		4,136,490
	BARRATT DEVELOPMENTS	231,000 SHARES		423,710		462,558
	BARRICK GOLD CORP	29,600 SHARES		1,089,390		1,165,648
	BASF SE	63,937 SHARES		2,797,452		3,986,743
	BAYER AG	64,941 SHARES		4,033,501		5,214,023
	BEACH ENERGY LTD	328,500 SHARES		328,252		271,802
	BEAZLEY PLC	516,285 SHARES		1,662,292		832,889
	BECHTLE AG	22,200 SHARES		517,647		598,489
	BECKMAN COULTER INC	120,800 SHARES		6,903,695		7,905,152
	BELLUNA CO	28,100 SHARES		181,198		113,795
	BENETTON GROUP	88,161 SHARES		740,320		789,291
	BENI STABILI SPA	10,943 SHARES		8,560		9,028
	BERKELEY GROUP HLDGS	12,390 SHARES		180,736		164,066
	BERNER KANTONALBANK	138 SHARES		32,295		30,637
	BEST BUY CO INC	34,500 SHARES		1,313,752		1,361,370
	BEST DENKI CO	2,000 SHARES		6,082		6,982
	BG GROUP	67,483 SHARES		1,209,201		1,222,699
	BHP BILLITON LIMITED	232,553 SHARES		8,153,162		9,790,653
	BIG LOTS INC	59,700 SHARES		1,375,189		1,730,106
	BILFINGER BERGER AG	43,709 SHARES		3,031,796		3,381,403
	BILIA AB	24,259 SHARES		192,512		236,981
	BILL BARRETT CORP	34,100 SHARES		1,288,182		1,060,851
	BIOTA HOLDINGS	86,000 SHARES		121,094		186,399
	BIOTAGE AB	22,963 SHARES		29,571		22,834
	BIOVAIL CORP INTL	62,300 SHARES		829,311		869,944
	BMC SOFTWARE INC	28,520 SHARES		861,801		1,143,652
	BML INC	12,400 SHARES		237,382		338,321
	BNP PARIBAS	95,729 SHARES		8,128,432		7,677,707
	BOART LONGYEAR LTD	38,600 SHARES		11,807		12,324
	BOEING CO	30,250 SHARES		1,550,722		1,637,432
	BOLIDEN AB	160,000 SHARES		1,736,522		2,063,837
	BORG-WARNER INC	136,300 SHARES		4,100,370		4,527,886
	BOSSARD HLDGS	2,985 SHARES		180,352		168,921
	BOSTON PROPERTIES INC	66,000 SHARES		4,983,410		4,426,620
	BOUYGUES	66,579 SHARES		5,363,410		3,479,470
	BP	811,394 SHARES		8,073,649		7,861,678
	BRADKEN LIMITED	2,600 SHARES		15,554		15,947
	BRINKER INTERNATIONAL	215,750 SHARES		4,485,996		3,218,990
	BRIT INSURANCE HLDGS	368,218 SHARES		1,134,525		1,171,990
	BRITISH AMERICAN TOBACCO	265,409 SHARES		8,885,958		8,642,633

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	BRITVIC	268,997 SHARES		1,705,907		1,772,310
	BROTHER INDUSTRIES	500 SHARES		5,226		5,698
	BRUKER CORP	97,900 SHARES		978,579		1,180,674
	BUCHER INDUSTRIES	342 SHARES		36,477		37,153
	BULL	200,000 SHARES		723,142		878,067
	BUNNINGS WAREHOUSE PROPERTY TR	53,800 SHARES		67,355		89,996
	BUONGIORNO SPA	206,464 SHARES		319,176		343,620
	C CUBE CORP	12,700 SHARES		36,257		33,696
	C&C GROUP	111,763 SHARES		482,089		482,659
	C.E.G.I.D.	12,018 SHARES		263,852		268,988
	C.S.M	19,800 SHARES		457,794		521,998
	CABLEVISION SYSTEMS CORP	84,300 SHARES		1,838,136		2,176,626
	CAE INC	22,520 SHARES		183,976		188,392
	CALTEX AUSTRALIA	6,200 SHARES		59,067		51,857
	CANFOR CORP	45,828 SHARES		344,048		355,398
	CANON APTEX	2,300 SHARES		37,403		30,141
	CAP GEMINI	26,314 SHARES		1,506,683		1,206,996
	CAPE LAMBERT RESOURCES LTD	104,086 SHARES		49,578		49,613
	CARILLION PLC	275,278 SHARES		1,280,890		1,350,490
	CARR’S MILLING INDUSTRIES	2,890 SHARES		34,321		19,718
	CASH CONVERTERS INT’L	45,000 SHARES		21,569		26,711
	CATALANA OCCIDENTE SA DE SEGUROS	12,969 SHARES		151,769		292,320
	CATERPILLAR INC	4,750 SHARES		166,312		270,702
	CAVIUM NETWORKS	77,730 SHARES		1,526,660		1,852,306
	CAWACHI	10,100 SHARES		234,900		180,204
	CCL INDUSTRIES INC	11,900 SHARES		315,126		320,671
	CELESTICA INC	47,900 SHARES		320,069		455,081
	CEMENTIR HLDGS	125,754 SHARES		585,107		609,838
	CENTENNIAL COAL CO	73,500 SHARES		228,507		264,409
	CENTERPOINT ENERGY INC	30,800 SHARES		395,406		446,908
	CEPHALON INC	45,500 SHARES		3,156,192		2,839,655
	CEREBOS PACIFIC	23,000 SHARES		53,120		69,789
	CEWE COLOR HOLDING AG	10,147 SHARES		341,455		329,020
	CGI GROUP INC	19,351 SHARES		171,089		262,849
	CHAMPION REAL ESTATE INVESTMENT	200,000 SHARES		54,243		85,117
	CHARLE CO LTD	12,300 SHARES		45,302		40,694
	CHARLES VOGELE HLDG	236 SHARES		15,456		8,447
	CHARTER COMMUNICATIONS INC	1,997 SHARES		364,916		70,893
	CHARTER HALL OFFICE	346,000 SHARES		100,049		96,464
	CHEESECAKE FACTORY	49,000 SHARES		1,212,619		1,057,910
	CHESAPEAKE ENERGY CORP	187,000 SHARES		6,834,259		4,839,560
	CHEUNG KONG HLDGS	220,000 SHARES		3,063,912		2,845,739
	CHEVRON CORP	52,300 SHARES		3,205,690		4,026,577
	CHIBA BANK	354,000 SHARES		2,165,524		2,106,622
	CHIBA KOGYO BANK	25,500 SHARES		263,289		192,561
	CHICAGO BRIDGE & IRON CO	93,600 SHARES		1,132,172		1,892,592
	CHIME COMMUNICATIONS	73,747 SHARES		222,666		258,724
	CHINA ORIENTAL GROUP CO	249,000 SHARES		69,266		89,593
	CHINA SHINEWAY PHARMACEUTICAL	64,000 SHARES		45,108		120,010
	CHOW SANG SANG HLDGS INTL	100,000 SHARES		86,345		119,937
	CHUBU NIPPON BROADCASTING	2,400 SHARES		27,990		11,936
	CHUBU STEEL PLATE CO	9,800 SHARES		72,835		52,108
	CHUDENKO CORP	21,600 SHARES		367,421		272,161
	CHUETSU PULP & PAPER	39,000 SHARES		103,268		66,609

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	CIRCLE K SUNKUS CO LTD	29,600 SHARES		473,233		364,694
	CIR-COMPAGNIE INDUSTRIALI	162,875 SHARES		220,320		424,138
	CISCO SYSTEMS INC	200,960 SHARES		4,672,370		4,810,982
	CIT GROUP INC	15,391 SHARES		403,355		424,946
	CITIC 1616 HLDGS	121,000 SHARES		19,315		41,040
	CITIGROUP INC	306,100 SHARES		4,903,133		1,013,191
	CITYCON	172,434 SHARES		529,934		727,355
	CLARIANT	80,000 SHARES		1,134,192		945,683
	CLEAN HARBORS INC	24,040 SHARES		1,510,665		1,433,024
	CLEANUP CORP	3,900 SHARES		28,491		28,487
	CLECO CORP	31,400 SHARES		747,373		858,162
	COACH INC	70,580 SHARES		1,519,355		2,578,287
	COCA COLA CENTRAL	18,900 SHARES		296,656		235,095
	COCA-COLA CO	11,650 SHARES		519,431		664,050
	COGECO CABLE INC	10,400 SHARES		282,928		347,212
	COLT TELECOM GROUP	504,857 SHARES		1,667,875		1,080,231
	COMMONWEALTH BANK OF AUSTRL	108,809 SHARES		3,583,131		5,367,477
	COMMSCOPE INC	96,900 SHARES		1,051,816		2,570,757
	COMMVAULT SYSTEMS INC	87,100 SHARES		1,378,835		2,063,399
	COMPAGNIE FINANCIERE RICHEMONT	115,465 SHARES		1,823,612		3,879,177
	COMPAGNIE FINANCIERE TRADITION	2,012 SHARES		262,626		239,591
	COMPASS GROUP	461,549 SHARES		2,860,725		3,318,220
	COMPUTACENTER	16,625 SHARES		66,175		67,198
	COMPUTER ENG’ING & CONSLTNG	10,300 SHARES		82,371		53,439
	CONCHO RESOURCES INC	70,900 SHARES		1,649,557		3,183,410
	CONSOL ENERGY INC	30,030 SHARES		1,277,921		1,495,494
	CONSOLIDATED COMM	78,000 SHARES		1,088,040		1,365,000
	CONSTRUCCIONES Y AUXILIAR	2,822 SHARES		1,248,859		1,522,778
	CONWERT IMMOBILIEN INVEST SE	10,837 SHARES		137,723		132,783
	COOKSON GROUP	182,136 SHARES		1,163,090		1,241,784
	CORBY DISTILLERIES	280 SHARES		4,903		4,140
	CORONA CORPORATION	4,400 SHARES		59,067		58,512
	CORPORATE EXECUTIVE BOARD CO	59,800 SHARES		1,277,653		1,364,636
	CORUS ENTERTAINMENT INC	18,850 SHARES		308,861		356,916
	COSAN LTD	80,300 SHARES		1,002,242		698,610
	COVANCE INC	106,800 SHARES		5,425,777		5,828,076
	COVIDIEN PLC	76,140 SHARES		3,034,174		3,646,345
	CPH CHEMIE & PAPER HLDGS	6 SHARES		13,116		10,157
	CRANE GROUP LIMITED	17,900 SHARES		141,387		152,291
	CREATE SD HOLDINGS CO LTD	10,100 SHARES		165,179		192,789
	CREDIT SUISSE GROUP	76,354 SHARES		3,347,699		3,781,693
	CREDITO VALTELLINESE	128,535 SHARES		1,127,357		1,032,727
	CREXUS INVESTMENT CORP	66,800 SHARES		997,639		932,528
	CSX CORP	139,400 SHARES		4,713,758		6,759,506
	CTI ENGINEERING CO	8,100 SHARES		46,461		40,285
	CUMBERLAND PHARMACEUTICALS	34,300 SHARES		582,113		466,137
	CUMMINS INC	241,160 SHARES		6,074,219		11,059,598
	CYBERNET SYSTEMS CO	67 SHARES		26,972		27,456
	D.LOGISTICS	54,566 SHARES		138,337		93,163
	DAIICHI JITSUGYO CO	7,000 SHARES		17,271		18,121
	DAIICHI KENSETSU CORP	1,100 SHARES		6,833		7,562
	DAIICHIKOSHO CO	34,200 SHARES		290,144		386,102
	DAIKO SHOKEN BUSINESS CO	8,800 SHARES		49,758		35,448
	DAIMEI TELECOM ENGINEERING CORP	25,000 SHARES		204,687		189,860

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	DAIO PAPER CORP	1,000 SHARES		11,427		8,099
	DAIRY CREST GROUP	42,000 SHARES		189,101		245,929
	DAISHI BANK	64,000 SHARES		283,137		213,116
	DAISHINKU CORP	27,000 SHARES		153,699		100,349
	DANIELI & C	37,637 SHARES		1,051,628		939,055
	DARDEN RESTAURANTS INC	132,600 SHARES		5,153,900		4,650,282
	DARLING INTL INC	101,800 SHARES		634,933		853,084
	DAVID JONES	69,600 SHARES		254,865		338,012
	DAVIS SERVICE GROUP	17,246 SHARES		70,677		111,287
	DCC	58,854 SHARES		1,627,145		1,646,595
	DCM JAPAN HOLDINGS CO LTD	45,300 SHARES		259,321		261,791
	DEBENHAMS PLC	209,325 SHARES		266,450		263,324
	DEL MONTE PACIFIC	39,000 SHARES		11,741		11,112
	DELHAIZE FRERES ET CIE(LE LION)SA	39,492 SHARES		2,599,983		3,038,171
	DELL INC	112,800 SHARES		2,281,482		1,619,808
	DENSO CORP	108,600 SHARES		3,237,881		3,243,010
	DENYO CO	400 SHARES		3,214		3,029
	DEUTSCHE POST	191,231 SHARES		4,218,234		3,699,862
	DIAGEO	66,511 SHARES		1,194,428		1,164,273
	DIAMOND FOODS INC	30,586 SHARES		905,539		1,087,026
	DICKSONS CONCEPT INT’L	105,000 SHARES		29,828		57,686
	D’IETEREN TRADING	1,725 SHARES		559,143		690,757
	DIGITAL CHINA HLDGS	11,000 SHARES		4,928		14,725
	DIGITAL RIVER INC	30,300 SHARES		1,091,659		817,797
	DNB NOR ASA	403,600 SHARES		5,877,518		4,384,071
	DOWNER EDI	195,583 SHARES		1,318,445		1,644,642
	DR HORTON INC	370,500 SHARES		10,958,683		4,027,335
	DRAEGERWERK AG & CO KGAA	3,334 SHARES		191,991		142,978
	DRESSER RAND GROUP	24,800 SHARES		797,650		783,928
	DRIL QUIP INC	36,800 SHARES		1,764,750		2,078,464
	DSG INTERNATIONAL	174,302 SHARES		72,519		102,737
	DU PONT(E.I.)DE NEMOURS & CO	41,700 SHARES		1,740,540		1,404,039
	DUNDEE CORP	26,800 SHARES		284,646		310,091
	DUSKIN CO	1,300 SHARES		22,994		23,083
	E.ON	183,085 SHARES		8,606,767		7,678,172
	EACESS	605 SHARES		396,382		353,531
	EADS(EURO AERONAUTIC DEF SPACE)	79,203 SHARES		1,492,994		1,600,570
	EASTMAN CHEMICAL CO	80,300 SHARES		4,300,236		4,837,272
	EATON CORP	13,270 SHARES		692,472		844,237
	EATON VANCE CORP	207,700 SHARES		5,837,898		6,316,157
	EBAY INC	56,790 SHARES		1,368,329		1,336,837
	ECS HLDGS	151,000 SHARES		55,149		50,550
	EDB BUSINESS PARTNER	2,907 SHARES		8,047		11,926
	EDION CORP	1,100 SHARES		6,430		11,946
	EDUCATION MANAGEMENT CORP	55,800 SHARES		1,210,172		1,228,158
	EIGHTEENTH BANK	99,000 SHARES		402,098		292,443
	EIZO NANAO CORP	3,300 SHARES		79,130		78,517
	EL.EN.	5,236 SHARES		129,941		89,773
	ELDORADO GOLD CORP	68,500 SHARES		408,867		970,645
	ELECTROLUX	102,291 SHARES		2,101,761		2,399,650
	EMC CORP	111,320 SHARES		1,922,409		1,944,760
	EMECO HOLDINGS LIMITED	294,300 SHARES		203,123		209,096
	EMERGENCY MEDICAL SERVICES L.P.	12,600 SHARES		504,000		682,290
	ENAGAS	154,793 SHARES		2,972,339		3,425,727

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	ENEL SPA	559,303 SHARES		5,709,864		3,247,957
	ENERGIAS DE PORTUGAL	473,571 SHARES		2,172,588		2,111,749
	ENI	63,695 SHARES		2,195,852		1,626,678
	ENIRO AB	74,802 SHARES		404,823		375,052
	ENTERGY CORP	24,500 SHARES		1,829,245		2,005,080
	ENTERPRISE INNS	233,094 SHARES		474,875		351,569
	ERICSSON LM	226,777 SHARES		2,243,972		2,093,053
	EUROMICRON	5,915 SHARES		128,229		132,390
	EUROPEAN GOLDFIELDS	51,100 SHARES		299,419		296,359
	EXPRESS SCRIPTS INC	140,312 SHARES		6,270,989		12,129,972
	EXPRIVIA SPA	58,228 SHARES		91,689		102,340
	EXXON MOBIL CORP	55,500 SHARES		3,429,773		3,784,545
	FAIVELEY	2,208 SHARES		176,614		175,820
	FANUC CO	66,800 SHARES		4,846,573		6,192,427
	FAST RETAILING CO	20,600 SHARES		2,010,285		3,865,750
	FEDEX CORP	28,840 SHARES		1,900,860		2,406,698
	FELISSIMO CORP	500 SHARES		9,139		6,740
	FERREXPO PLC	164,279 SHARES		451,377		526,593
	FERRO CORP	183,600 SHARES		1,049,462		1,512,864
	FIBERWEB PLC	84,968 SHARES		41,851		86,443
	FIFTH THIRD BANCORP	82,300 SHARES		1,681,223		802,425
	FINMECCANICA	72,286 SHARES		1,095,885		1,160,541
	FINNING INTERNATIONAL INC	15,900 SHARES		241,836		252,980
	FIRST POTOMAC REALTY TRUST	1,900 SHARES		23,152		23,883
	FIRSTGROUP	316,857 SHARES		1,805,658		2,179,742
	FLEXTRONICS INTERNATIONAL	814,800 SHARES		5,790,815		5,956,188
	FLIGHT CENTRE	3,800 SHARES		25,374		62,951
	FLUSHING FINANCIAL CORP	64,300 SHARES		737,101		724,018
	FOMENTO DE CONSTRUCCIONES	39,600 SHARES		1,657,191		1,673,234
	FONCIERE DES REGIONS	16,046 SHARES		963,163		1,643,310
	FORBO HLDGS	311 SHARES		92,407		102,288
	FORNIX BIOSCIENCES	13,612 SHARES		324,632		142,568
	FORTUNE BRANDS INC	37,800 SHARES		2,048,278		1,632,960
	FRANCE TELECOM	264,109 SHARES		6,907,779		6,604,757
	FREEPORT-MCMORAN CPPR & GLD INC	86,860 SHARES		3,392,406		6,973,989
	FRESENIUS SE	44,449 SHARES		3,349,099		3,189,298
	FRONTEER DEVELOPMENT GROUP INC	197,800 SHARES		764,277		777,354
	FROSTA AG	10 SHARES		166		247
	FTI CONSULTING INC	18,000 SHARES		782,588		848,880
	FUGRO NV	26,604 SHARES		1,856,759		1,536,728
	FUJI FOODS INC	3,000 SHARES		12,366		12,568
	FUJI MACHINE MANUFACTURING CO	17,700 SHARES		378,175		218,648
	FUJI OOZX INC	7,000 SHARES		24,430		18,121
	FUJI SOFT INC	300 SHARES		5,188		4,808
	FUJIKURA	25,000 SHARES		125,041		129,706
	FUJIKURA RUBBER	7,800 SHARES		25,622		27,230
	FUJISHOJI CO LTD	32 SHARES		39,322		35,989
	FUJISTAFF HOLDINGS INC	25 SHARES		3,499		2,712
	FUJITEC CO	58,000 SHARES		302,294		312,756
	FUJITSU	285,000 SHARES		1,644,095		1,824,588
	FUJITSU BROAD SOLUTIONS & CONS	5,100 SHARES		43,574		39,444
	FUKOKU CO	5,700 SHARES		33,240		39,553
	FUKUDA DENSHI CO	3,600 SHARES		113,114		87,781
	FUKUSHIMA INDUSTRIES CORP	5,600 SHARES		39,678		48,303

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	FUKUVI CHEMICAL INDUSTRY CO	1,000 SHARES		4,500	3,416
	FUNAI ELECTRIC CO	6,700 SHARES		341,936	335,378
	FURUNO ELECTRIC CO	15,100 SHARES		123,351	70,881
	FURUSATO INDUSTRIES	11,200 SHARES		148,484	63,402
	FUTABA CORP	1,600 SHARES		37,967	28,169
	G.U.D.HOLDINGS	19,700 SHARES		151,147	159,455
	GALLANT VENTURE LTD	401,000 SHARES		61,734	89,971
	GALLIFORD TRY	48,770 SHARES		269,875	244,146
	GAME GROUP	591,250 SHARES		1,510,982	1,012,067
	GAMES WORKSHOP GROUP	2,018 SHARES		4,980	8,147
	GAMMON GOLD INC	33,700 SHARES		243,096	373,212
	GATX CORP	129,400 SHARES		5,388,710	3,720,250
	GEELY AUTOMOBILE HLDGS	55,000 SHARES		9,266	30,287
	GENERAL DYNAMICS CORP	32,690 SHARES		1,935,678	2,228,477
	GENERAL ELECTRIC CO	173,100 SHARES		5,394,795	2,619,003
	GENERALI DEUTSCHLAND HLDGS	235 SHARES		21,949	24,829
	GENESEE & WYOMING INC	25,900 SHARES		781,123	845,376
	GERDAU AMERISTEEL CORP	700 SHARES		5,721	5,816
	GFI INFORMATIQUE	29,192 SHARES		83,913	117,273
	GILDEMEISTER	64,298 SHARES		962,383	1,045,210
	GINGER	2,846 SHARES		52,613	54,308
	GIVAUDAN AG	2,425 SHARES		1,972,591	1,938,827
	GLADSTONE CAP CORP	55,921 SHARES		1,169,008	430,592
	GLADSTONE COMMERICAL CORP	52,100 SHARES		905,298	698,661
	GLAXOSMITHKLINE	166,128 SHARES		3,973,736	3,539,846
	GLOBAL PAYMENTS INC	112,200 SHARES		4,684,962	6,043,092
	GLORIOUS SUN ENTERPRISE	66,000 SHARES		31,187	24,599
	GMAC INC	868 SHARES		147,490	572,120
	GOLDEN STAR RESOURCES	22,600 SHARES		45,256	70,278
	GOLDMAN SACHS GROUP INC	25,810 SHARES		3,491,148	4,357,760
	GOODMAN FIELDER	218,900 SHARES		344,188	320,894
	GOOGLE INC	7,100 SHARES		3,563,574	4,401,858
	GRAFTECH INTL LTD	56,500 SHARES		553,355	878,575
	GREAT EAGLE HLDGS	106,000 SHARES		192,990	276,140
	GREAT LAKES DREDGE & DOCK CORP	65,507 SHARES		400,466	424,485
	GROUPE STERIA	38,809 SHARES		885,942	1,197,703
	GSI COMMERCE	59,400 SHARES		901,368	1,508,166
	GUNNS	196,300 SHARES		126,315	165,950
	GUTHRIE GTS	180,000 SHARES		36,412	50,643
	H & R BLOCK INC	55,900 SHARES		1,190,589	1,264,458
	H2O RETAILING CORP	11,000 SHARES		66,458	63,333
	HAGIWARA ELECTRIC CORP	4,000 SHARES		31,486	25,307
	HAKUTO CO	12,800 SHARES		175,487	111,370
	HALFORDS GROUP	10,371 SHARES		57,429	66,873
	HALLIBURTON CO	62,490 SHARES		2,280,125	1,880,324
	HAMPSON INDUSTRIES	102,466 SHARES		123,938	111,690
	HANNOVER RUECKVERSICHERUNGS	57,796 SHARES		2,371,560	2,712,405
	HARDY UNDERWRITING BERMUDA LTD	16,914 SHARES		98,055	76,478
	HARLEY DAVIDSON	59,770 SHARES		1,665,549	1,506,204
	HARRIS CORP	139,900 SHARES		5,906,226	6,652,245
	HARSCO CORP	134,600 SHARES		4,703,420	4,338,158
	HARTFORD FIN’L SERVICES GRP INC	151,930 SHARES		2,675,734	3,533,892
	HARTMANN BRODRENE	622 SHARES		8,324	11,394
	HASEKO CORP	1,535,090 SHARES		2,899,810	1,088,307

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	HASTIE GROUP LIMITED	82,871 SHARES		143,261	141,234
	HAVAS	259,248 SHARES		709,044	1,038,129
	HAW PAR CORP	28,000 SHARES		112,168	115,873
	HEALTHSCOPE LIMITED	66,900 SHARES		204,003	305,044
	HEINEKEN NV	24,002 SHARES		1,099,829	1,145,542
	HEIWA CORP	13,000 SHARES		135,982	132,660
	HEIWADO	24,300 SHARES		409,306	279,817
	HELIX ENERGY SOLUTIONS GROUP INC	277,400 SHARES		7,406,432	3,259,450
	HELVETIA HLDG	5,500 SHARES		1,737,586	1,706,530
	HENKEL AG & CO KGAA	49,000 SHARES		2,343,063	2,561,129
	HESS CORP	31,930 SHARES		2,468,516	1,931,765
	HIGASHI-NIPPON BANK	86,000 SHARES		294,250	164,434
	HIGHWOODS PROPERTIES INC	22,200 SHARES		524,581	740,370
	HIKARI FURNITURE CO	1,000 SHARES		5,439	4,189
	HIKARI TSUSHIN INC	20,100 SHARES		361,352	362,726
	HI-LEX CORPORATION	24,900 SHARES		264,421	230,023
	HILL & SMITH HLDGS	36,744 SHARES		202,962	204,116
	HI-P INTERNATIONAL	125,000 SHARES		26,418	64,550
	HISAMITSU PHARMACEUTICAL CO INC	42,200 SHARES		1,670,839	1,359,901
	HITACHI CHEMICAL CO	128,000 SHARES		1,916,722	2,586,261
	HITTITE MICROWAVE CORP	20,700 SHARES		702,531	843,525
	HKR INTERNATIONAL	352,800 SHARES		106,277	150,146
	HKSCAN OYJ	18,885 SHARES		192,589	212,698
	HO BEE INVESTMENT	144,000 SHARES		77,028	177,442
	HOGG ROBINSON GROUP PLC	38,644 SHARES		8,661	18,097
	HOKUETSU BANK	1,000 SHARES		2,253	1,579
	HOKUHOKU FINANCIAL GROUP INC	1,350,000 SHARES		3,401,361	2,740,749
	HOKURIKU GAS CO	4,000 SHARES		11,621	10,140
	HOLCIM	21,098 SHARES		1,535,439	1,642,940
	HOME CAPITAL GROUP	6,200 SHARES		191,248	247,503
	HOME DEPOT INC	111,000 SHARES		3,618,280	3,211,230
	HOME RETAIL GROUP PLC	442,000 SHARES		1,831,195	2,016,382
	HON KWOK LAND INVESTMENT CO	188,000 SHARES		51,299	61,583
	HONDA MOTOR CO	174,129 SHARES		5,343,080	5,817,081
	H-ONE CO	15,700 SHARES		51,142	80,275
	HONEYWELL INTERNATIONAL INC	28,200 SHARES		722,939	1,105,440
	HONG KONG & SHANGHAI HOTELS	31,000 SHARES		45,350	45,416
	HONG KONG ELECTRIC HLDGS	114,906 SHARES		677,964	625,355
	HONG KONG FERRY HLDGS	128,000 SHARES		104,888	105,813
	HONG LEONG ASIA	79,000 SHARES		76,061	163,182
	HONG LEONG FINANCE LTD	71,000 SHARES		128,372	159,806
	HOSHIIRYOU SANKI	1,200 SHARES		19,933	22,983
	HOSIDEN CORP	29,200 SHARES		419,631	310,208
	HOUSE FOODS CORPORATION	2,400 SHARES		35,028	34,081
	HSBC HLDGS	264,300 SHARES		3,284,411	3,047,236
	HUB GROUP INC	66,400 SHARES		1,477,388	1,781,512
	HUDBAY MINERALS INC	29,400 SHARES		207,408	380,558
	HUHTAMAKI OYJ	57,610 SHARES		691,464	801,763
	HURXLEY CORP	600 SHARES		5,660	4,280
	HYAKUGO BANK	61,000 SHARES		386,079	268,650
	I.O.DATA DEVICE INC	200 SHARES		1,004	797
	IBERSOL SGPS SA	3,799 SHARES		36,483	50,200
	IBS	31,587 SHARES		111,856	29,419
	I-CABLE COMMUNICATIONS	29,000 SHARES		3,599	4,301

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	ICHIKAWA CO	10,000 SHARES		33,070		17,724
	IDEMITSU KOSAN CO	200 SHARES		15,655		11,601
	IDEX CORP	46,490 SHARES		1,366,586		1,448,164
	IESI-BFC LTD	24,000 SHARES		295,492		386,436
	IG GROUP HLDGS	416,030 SHARES		2,567,504		2,551,595
	IHI TRANSPORT MACHINARY CO LTD	5,000 SHARES		22,081		22,021
	IINET	49,600 SHARES		73,921		82,970
	ILLINOIS TOOL WORKS INC	83,690 SHARES		3,474,877		4,016,283
	ILUKA RESOURCES	32,100 SHARES		84,322		103,352
	IMMOBEL	1,913 SHARES		93,499		67,794
	IMMOBILIARE GRANDE DISTRIBUZIONE	46,441 SHARES		55,112		103,878
	IMMSI SPA	90,562 SHARES		105,875		109,144
	IMPERIAL TOBACCO GROUP	38,482 SHARES		1,182,698		1,217,996
	INABA DENKISANGYO CO	2,100 SHARES		48,033		47,935
	INCHCAPE PLC	359,719 SHARES		205,268		173,396
	INDEPENDENCE GROUP	43,600 SHARES		148,477		189,392
	INDUSTRIAL&COMMERCIAL BK CHINA	941,000 SHARES		2,501,804		2,050,915
	INDUSTRIAL&FINANCIAL SYSTEMS IFS	5,091 SHARES		57,533		48,485
	INFICON HLDG	671 SHARES		91,852		76,268
	INFORMATION SERVICES INTL-DENTSU	3,500 SHARES		25,191		20,415
	ING OFFICE FUND UNITS	217,000 SHARES		179,346		124,902
	INMET MINING CORP	6,000 SHARES		222,090		365,031
	INSPUR INTERNATIONAL LTD	115,000 SHARES		14,963		16,462
	INTEGRA LIFESCIENCES HLDGS CORP	86,500 SHARES		3,237,366		3,181,470
	INTEGRAL SYSTEMS INC	64,700 SHARES		623,295		560,302
	INTEGRYS ENERGY GROUP INC	93,400 SHARES		4,482,838		3,921,866
	INTERCONTINENTAL EXCHANGE INC	67,800 SHARES		3,899,867		7,613,940
	INTERLINE BRANDS INC	69,600 SHARES		1,329,687		1,201,992
	INTERNATIONAL BUS MACH CORP	18,550 SHARES		1,599,568		2,428,195
	INTERNATIONAL GAME TECHNOLOGY	371,480 SHARES		8,170,838		6,972,680
	INTERNATIONAL PAPER CO	75,100 SHARES		2,357,762		2,011,178
	INTERNATIONAL POWER	746,272 SHARES		6,212,289		3,725,018
	INTERNATIONAL RECTIFIER CORP	202,700 SHARES		5,856,996		4,483,724
	INTERSERVE	179,798 SHARES		1,549,095		561,240
	INTREPID POTASH INC	45,200 SHARES		1,284,663		1,318,484
	ISEWAN TERMINAL SERVICE CO	2,000 SHARES		11,548		7,412
	ISOFT GROUP LTD	306,851 SHARES		146,946		212,494
	ITAU UNIBANCO HLDG	54,166 SHARES		727,806		1,237,151
	ITOCHU ENEX CO	42,600 SHARES		229,237		174,344
	ITOCHU SHOKUHIN CO	7,700 SHARES		266,979		257,232
	ITOCHU TECHNO-SOLUTIONS CORP	11,200 SHARES		325,357		300,167
	IZUMIYA CO	6,000 SHARES		35,167		25,780
	J FRONT RETAILING CO LTD	3,000 SHARES		11,821		13,180
	JAMES HARDIE INDUSTRIES SE CDI	13,900 SHARES		68,195		106,258
	JAMES RIVER COAL TERMINAL CO	37,600 SHARES		824,817		696,728
	JANUS CAPITAL GROUP INC	120,500 SHARES		1,499,235		1,620,725
	JAPAN DIGITAL LABORATORY CO	12,600 SHARES		161,232		140,624
	JAPAN PILE CORP	300 SHARES		890		725
	JB HI-FI	24,700 SHARES		174,374		502,035
	JEFFERIES GROUP INC	189,600 SHARES		4,482,672		4,499,208
	JFE HOLDINGS INC	30,700 SHARES		1,158,561		1,203,663
	JFE SHOJI HLDGS INC	61,000 SHARES		169,303		217,541
	JFE SYSTEMS	2 SHARES		1,927		1,579
	JOHNSON & JOHNSON	42,800 SHARES		2,624,003		2,756,748

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	JOHNSON CONTROLS INC	50,060 SHARES		1,152,479		1,363,634
	JOHNSON ELECTRIC HLDGS	489,000 SHARES		108,473		195,498
*	JPMORGAN CHASE & CO	69,263,347 SHARES		2,574,945,251		2,886,203,669
	JSP CORP	900 SHARES		6,973		9,474
	JUNGHEINRICH	2,883 SHARES		104,743		55,428
	JUNIPER NETWORKS	69,630 SHARES		1,434,673		1,857,032
	JUPITER TELECOMMUNICATIONS CO	1,918 SHARES		1,654,973		1,899,561
	JUST ENERGY INCOME FUND UNITS	26,400 SHARES		319,792		363,131
	K.R.S.CORP	100 SHARES		1,014		1,011
	KAGARA LTD	237,800 SHARES		232,374		224,559
	KAGAWA BANK	3,000 SHARES		15,853		10,280
	KAKEN PHARMACEUTICAL	38,000 SHARES		343,345		322,466
	KANADEN CORP	2,000 SHARES		11,667		10,570
	KANEFUSA CORP	300 SHARES		1,562		1,676
	KANEKA CORP	38,000 SHARES		310,724		241,237
	KANTO NATURAL GAS DEV CO	32,000 SHARES		193,875		166,024
	KARDEX	9,764 SHARES		475,104		315,943
	KASAI KOGYO CO	1,000 SHARES		2,230		2,771
	KASUMI CO	44,000 SHARES		230,460		215,522
	KATAKURA INDUSTRIES CO	300 SHARES		2,778		2,581
	KATO SANGYO CO	18,800 SHARES		273,436		341,892
	KAWADA TECHNOLOGIES INC	100 SHARES		1,770		1,601
	KAWASUMI LABORATORIES INC	6,000 SHARES		36,813		35,512
	KDDI CORPORATION	601 SHARES		4,346,926		3,182,695
	KECK SENG INVESTMENTS	72,000 SHARES		35,962		36,492
	KEIHANSHIN REAL ESTATE CO	1,700 SHARES		7,821		7,797
	KEMIRA OYJ	30,502 SHARES		354,531		454,695
	KEY ENERGY SERVICES INC	36,000 SHARES		316,540		316,440
	KEYCORP	737,500 SHARES		5,155,152		4,093,125
	KEYSTONE NORTH AMERICA	330 SHARES		9,717		10,640
	KIKUCHI CO	2,300 SHARES		18,007		32,711
	KILROY REALTY CORP	26,000 SHARES		785,219		797,420
	KIM ENG HLDGS	117,000 SHARES		115,544		167,506
	KIMURA UNITY CO	5,800 SHARES		44,700		44,857
	KINGFISHER ORD	511,181 SHARES		1,730,521		1,890,351
	KINGSGATE CONSOLIDATED	44,200 SHARES		238,813		366,109
	KIRIN HLDGS CO LTD	100,000 SHARES		1,126,336		1,600,516
	KIRINDO	5,500 SHARES		26,532		23,455
	KITAGAWA INDUSTRIES	2,700 SHARES		38,078		31,323
	KITAMURA CO	3,400 SHARES		19,313		14,718
	KITA-NIPPON BANK	1,500 SHARES		58,408		39,959
	KLOVERN AB	5,577 SHARES		14,743		17,887
	KNOW IT ORD	3,568 SHARES		17,413		28,858
	KOBAYASHI PHARMACEUTICALS	40,900 SHARES		1,420,026		1,634,331
	KOEI CHEMICAL CO	1,000 SHARES		3,547		2,267
	KOHNAN SHOJI	7,200 SHARES		88,705		77,031
	KOKUYO CO	21,100 SHARES		148,333		168,174
	KOMAI TEKKO INC	10,000 SHARES		23,276		17,939
	KONINKLIJKE AHOLD	224,986 SHARES		2,896,574		2,989,116
	KONINKLIJKE DSM	35,700 SHARES		1,540,213		1,765,061
	KONINKLIJKE KPN	133,469 SHARES		2,139,299		2,267,297
	KONINKLIJKE PHILIPS ELECTRONICS	50,244 SHARES		1,350,220		1,490,771
	KOSE	11,700 SHARES		301,115		235,898
	KOWA SPINNING CO	14,000 SHARES		46,668		93,990

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	KOWLOON DEVELOPMENT CO	140,000 SHARES		123,960		162,676
	KRAFT FOODS INC	27,700 SHARES		816,969		752,886
	KU HLDGS CO LTD	9,600 SHARES		43,595		31,555
	KUONI REISEN HLDG	1,560 SHARES		888,709		526,665
	KYOCERA CORP	13,800 SHARES		1,143,121		1,211,085
	KYOEI STEEL LTD	17,500 SHARES		420,628		322,574
	KYOWA LEATHER CLOTH CO	600 SHARES		2,715		2,114
	LAGARDERE GROUP S.C.A.	26,800 SHARES		1,127,951		1,092,401
	LAURENTIAN BANK OF CANADA	8,314 SHARES		234,817		339,031
	LEGRAND PROMESSE	46,175 SHARES		1,325,158		1,290,211
	LEMMINKAINEN CORP	14,534 SHARES		291,768		504,634
	LEON’S FURNITURE	430 SHARES		4,428		4,307
	LEOPALACE 21	2,300 SHARES		23,570		9,438
	LIBERTY MEDIA CORP	14,000 SHARES		650,581		646,100
	LIFEPOINT HOSPITALS INC	79,700 SHARES		2,107,976		2,591,047
	LILLY(ELI)& CO	9,500 SHARES		334,352		339,245
	LINAMAR CORP	21,300 SHARES		279,601		283,025
	LINCOLN EDUCATIONAL SRVCS CORP	68,400 SHARES		1,095,025		1,482,228
	LINCOLN NATIONAL CORP	49,490 SHARES		1,299,473		1,231,311
	LINDE AG	39,071 SHARES		3,391,333		4,717,767
	LOCKHEED MARTIN CORP	9,750 SHARES		712,451		734,663
	LOGICA PLC	1,619,637 SHARES		3,445,243		2,973,790
	LOOPNET INC	32,500 SHARES		294,426		323,050
	LOW KENG HUAT	305,000 SHARES		75,415		72,777
	LOWES COMPANIES INC	69,550 SHARES		1,420,248		1,626,775
	LUNDIN MINING CORP	20,700 SHARES		80,411		84,905
	MAC HOUSE	5,200 SHARES		38,216		27,649
	MACDONALD DETTWILER & ASSOC	6,441 SHARES		170,906		261,732
	MACMAHON HLDGS	28,600 SHARES		15,050		15,819
	MAEDA CORP	104,000 SHARES		411,884		282,636
	MAKINO MILLING MACHINE CO	53,000 SHARES		174,728		201,536
	MAKITA CORP	43,800 SHARES		1,466,814		1,491,444
	MANDARIN ORIENTAL INT’L	24,000 SHARES		32,972		35,760
	MAPFRE	972,470 SHARES		4,439,448		4,083,901
	MAPLE LEAF FOODS	28,766 SHARES		210,579		320,217
	MAPLETREE LOGISTICS TRUST	143,000 SHARES		37,215		79,957
	MARKS & SPENCER GROUP	321,167 SHARES		1,638,161		2,084,919
	MARSH & MCLENNAN COS INC	89,000 SHARES		2,632,637		1,965,120
	MARUDAI FOOD CO	87,000 SHARES		245,771		258,865
	MARUFUJI SHEET PILING CO	18,000 SHARES		37,431		29,196
	MARUI GROUP CO LTD	39,100 SHARES		210,810		239,821
	MARUZEN CO LTD	9,000 SHARES		36,417		43,601
	MASCO CORP	356,950 SHARES		7,307,064		4,929,480
	MASTERCARD INC	7,170 SHARES		1,237,629		1,835,377
	MATSUMOTOKIYOSHI HLDNGS CO LTD	4,900 SHARES		84,979		107,901
	MATTEL INC	321,900 SHARES		6,528,382		6,431,562
	MAX CO	1,000 SHARES		9,913		9,990
	MAXVALU NISHINIHON	4,900 SHARES		66,741		68,635
	MAXVALU TOKAI CO LTD	2,700 SHARES		33,652		30,685
	MAZDA MOTOR CORP	49,000 SHARES		113,199		111,585
	MCAFEE INC	31,530 SHARES		1,131,927		1,279,172
	MCPHERSONS	16,300 SHARES		47,652		49,842
	MDS INC	39,500 SHARES		312,911		308,585
	MEDIPAL HOLDINGS CORP	100 SHARES		1,324		1,236

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	MEDIQ	5,093 SHARES		85,788		94,190
	MEMC ELECTRONICS MATERIALS INC	86,200 SHARES		1,064,289		1,174,044
	MERCIAN CORP	63,000 SHARES		169,141		132,639
	MERCK & CO INC	103,500 SHARES		3,128,777		3,781,890
	MERMAID MARINE AUSTRALIA	35,500 SHARES		92,819		97,058
	METHANEX CORP	1,700 SHARES		24,909		33,291
	MFA FINANCIAL INC	470,800 SHARES		3,315,389		3,460,380
	MGM MIRAGE INC	145,290 SHARES		1,723,722		1,325,045
	MI DEVELOPMENTS INC	23,080 SHARES		345,842		283,560
	MICHAEL PAGE INTERNATIONAL	261,682 SHARES		849,860		1,601,145
	MICHELIN	26,199 SHARES		2,141,465		2,014,019
	MICROSOFT CORP	305,130 SHARES		8,595,363		9,303,414
	MID-AMERICA APARTMENT COMM	24,200 SHARES		855,810		1,168,376
	MIE BANK	67,000 SHARES		348,713		180,643
	MIKUNI COCA-COLA BOTTLING CO	25,300 SHARES		275,635		197,030
	MILANO ASSICURAZIONI	131,064 SHARES		551,450		385,490
	MILLENNIUM & COPTHORNE HOTELS	205,280 SHARES		1,229,796		1,228,857
	MIMASU SEMICONDUCTOR INDUSTRY	500 SHARES		10,950		5,983
	MINARA RESOURCES	110,400 SHARES		71,067		80,423
	MINCOR RESOURSES	65,143 SHARES		135,145		104,284
	MINEBEA CO	28,000 SHARES		127,849		150,986
	MINERAL RESOURCES LTD	24,900 SHARES		130,959		156,757
	MINISTOP CO	15,100 SHARES		273,044		183,286
	MINMETALS RESOURCES	348,000 SHARES		160,392		120,278
	MIQUEL Y COSTAS MIQUEL	12,739 SHARES		214,728		274,159
	MITANI CORP	1,300 SHARES		14,442		7,541
	MITANI SEKISAN CO	1,200 SHARES		4,311		5,092
	MITCHELL COMMUNICATION GRP LTD	106,556 SHARES		63,524		78,102
	MITSUBISHI CORP	190,900 SHARES		4,952,915		4,726,618
	MITSUBISHI GAS CHEMICAL CO INC	551,000 SHARES		2,918,984		2,758,107
	MITSUBISHI STEEL MFG CO	3,000 SHARES		6,998		5,059
	MITSUBISHI UFJ FINANCIAL GROUP	545,400 SHARES		5,054,102		2,648,056
	MITSUI & CO	152,400 SHARES		2,752,991		2,146,156
	MITSUI CHEMICALS INC	16,000 SHARES		57,397		41,248
	MITSUI ENGINEERING & SHIPBUILDING	113,000 SHARES		298,032		269,467
	MITSUI HOME CO	5,000 SHARES		25,041		24,008
	MITSUUROKO CO	100 SHARES		719		667
	MIZUNO CORP	24,000 SHARES		97,818		117,557
	MOBILE MINI	89,000 SHARES		2,138,675		1,254,010
	MONTPELIER RE HOLDINGS	43,100 SHARES		846,142		746,492
	MONTUPET	2,403 SHARES		16,580		10,791
	MOODYS CORP	84,910 SHARES		2,081,821		2,275,588
	MOOG INC	59,300 SHARES		2,099,022		1,733,339
	MORGAN SINDALL	65,124 SHARES		730,217		630,993
	MORGAN STANLEY	46,200 SHARES		1,673,111		1,367,520
	MORINAGA MILK INDUSTRY CO	97,000 SHARES		345,340		382,394
	MORRISON(WM.)SUPERMARKETS	228,546 SHARES		1,055,849		1,023,793
	MORY INDUSTRIES	1,000 SHARES		2,140		2,127
	MOTORS LIQUIDATION CO	16,825 SHARES		57,309		95,061
	MOUNT GIBSON IRON	83,900 SHARES		112,350		124,502
	MTU AERO ENGINES INVEST	71,774 SHARES		3,130,505		3,932,720
	MUEHLBAUER HLDG AG KGAA	1,615 SHARES		55,671		39,739
	MULLEN GROUP LTD	23,462 SHARES		397,292		365,912
	MUNCHENER RUCKVERSICHERUNGS AG	5,957 SHARES		850,321		928,781

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	MURAKAMI CORP	3,000 SHARES		21,942		22,106
	MURPHY OIL CORP	36,700 SHARES		1,825,448		1,989,140
	MWI VETERINARY SUPPLY INC	37,350 SHARES		1,126,790		1,408,095
	N.I.C. CORP	7,300 SHARES		31,857		31,915
	NAFCO CO	10,300 SHARES		144,937		163,415
	NAGAWA CO	8,100 SHARES		55,078		42,982
	NAKANISHI INC	2,000 SHARES		137,155		158,977
	NAMCO BANDAI HOLDINGS INC	32,600 SHARES		361,055		310,960
	NATIONAL BANK OF GREECE	43,083 SHARES		2,465,782		1,118,821
	NATIONAL GRID	357,901 SHARES		5,138,062		3,924,324
	NATIONAL OILWELL VARCO INC	43,910 SHARES		1,409,198		1,935,992
	NATUS MEDICAL INC	57,700 SHARES		974,826		853,383
	NBC MESHTEC INC	1,600 SHARES		17,298		12,993
	NCC	65,348 SHARES		600,845		1,082,254
	NEC FIELDING	23,800 SHARES		289,007		319,822
	NEC MOBILING	800 SHARES		20,768		19,550
	NEC NETWORKS & SYSTEM INTE	25,400 SHARES		319,860		307,490
	NESTLE SA	60,956 SHARES		2,632,579		2,960,088
	NET ONE SYSTEMS CO	281 SHARES		398,006		312,709
	NETAPP INC	105,610 SHARES		1,574,139		3,631,928
	NETGEAR INC	129,017 SHARES		2,051,417		2,798,379
	NETGEM	16,195 SHARES		69,993		96,893
	NEW GOLD INC	31,900 SHARES		92,703		115,629
	NEW WORLD CHINA	280,800 SHARES		157,954		106,829
	NEWELL RUBBERMAID INC	77,100 SHARES		1,765,121		1,157,271
	NEWFIELD EXPLORATION CO	193,100 SHARES		10,625,657		9,313,213
	NEXBIS LTD	178,200 SHARES		57,606		32,053
	NEXITY	40,000 SHARES		986,192		1,461,149
	NEXT ORD	72,736 SHARES		1,660,920		2,446,645
	NICHIREKI CO	5,000 SHARES		14,344		18,315
	NIDEC CORP	23,700 SHARES		1,572,696		2,174,102
	NIFTY CORPORATION	128 SHARES		110,626		83,184
	NIHON DENGI CO	4,800 SHARES		34,707		30,421
	NIHON KAGAKU SANGYO CO	11,000 SHARES		52,018		71,368
	NIHON PLAST	2,100 SHARES		5,692		6,406
	NINTENDO CO	4,700 SHARES		2,090,512		1,112,713
	NIPPO CORP	45,000 SHARES		346,085		321,929
	NIPPON ANTENNA CO	7,300 SHARES		43,364		42,501
	NIPPON BEET SUGAR MFG CO	49,000 SHARES		141,205		126,849
	NIPPON ELECTRIC GLASS	189,000 SHARES		2,926,387		2,580,364
	NIPPON GAME CARD CORP	67 SHARES		68,124		73,409
	NIPPON KONPO UNYU SOKO CO	35,000 SHARES		310,673		374,080
	NIPPON PAPER GROUP INC	100 SHARES		2,581		2,557
	NIPPON SEIKI CO	25,000 SHARES		156,574		284,924
	NIPPON SHINYAKU CO	18,000 SHARES		160,054		200,698
	NIPPON SHOKUBAI CO	11,000 SHARES		96,305		94,409
	NISHIKAWA RUBBER CO	2,000 SHARES		10,622		14,995
	NISHI-NIPPON CITY BANK	4,000 SHARES		10,244		9,753
	NISHIO RENT ALL CO	16,900 SHARES		102,839		112,370
	NISOURCE INC	57,000 SHARES		1,193,836		876,660
	NISSAN MOTOR CO	186,300 SHARES		1,199,644		1,620,957
	NISSAN SHATAI CO	44,000 SHARES		256,910		391,342
	NISSEI PLASTIC INDUSTRIAL CO	500 SHARES		2,260		1,171
	NISSIN HEALTHCARE FOOD SERVICE CO	7,500 SHARES		88,407		92,647

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	NISSIN SUGAR MANUFACTURING CO	27,000 SHARES		60,381		58,295
	NITTAN VALVE CO	6,700 SHARES		19,360		19,144
	NITTO DENKO CORP	33,400 SHARES		1,023,785		1,191,127
	NITTO FC CO	16,000 SHARES		82,497		79,918
	NITTO KOGYO CORP	12,800 SHARES		150,465		126,494
	NOLATO AB	14,226 SHARES		92,166		117,552
	NORITAKE CO	34,000 SHARES		131,306		89,844
	NORITZ CORP	28,100 SHARES		296,002		365,531
	NORTHERN TRUST CORP	95,900 SHARES		6,193,073		5,025,160
	NORTHGATE MINERALS CORP	6,440 SHARES		13,188		19,903
	NORTHWESTERN CORPORATION	48,200 SHARES		1,058,523		1,254,164
	NOVABASE SGPS SA	26,138 SHARES		168,306		166,507
	NOVAE GROUP	36,423 SHARES		192,177		175,865
	NOVARTIS AG	114,539 SHARES		5,119,143		6,260,173
	NOVO-NORDISK AS	17,945 SHARES		1,107,688		1,148,757
	NRG ENERGY INC	27,000 SHARES		654,790		637,470
	NRW HOLDINGS LIMITED	49,600 SHARES		77,180		89,216
	NTELOS HOLDINGS CORP	139,800 SHARES		2,647,640		2,491,236
	NUVISTA ENERGY LTD	29,800 SHARES		314,642		354,752
	OC OERLIKON CORP	10,352 SHARES		824,315		317,244
	OCEANFIRST FINANCIAL CORP	79,546 SHARES		820,135		898,870
	OFFICE2OFFICE	61,302 SHARES		148,314		144,036
	OKINAWA CELLULAR	31 SHARES		53,115		51,947
	OKUMURA CORP	25,000 SHARES		101,155		83,785
	OKUWA CO	4,000 SHARES		44,703		38,326
	OLD MUTUAL	402,806 SHARES		1,287,855		710,315
	OMEGA PHARMA	24,892 SHARES		804,132		1,255,340
	ONEOK INC	100,000 SHARES		4,982,123		4,457,000
	ONOKEN CO	13,600 SHARES		131,114		93,496
	ONWARD HOLDINGS CO LTD	57,000 SHARES		370,854		352,060
	OPAP SA	153,176 SHARES		4,345,341		3,371,261
	OPEN TEXT CORP	1,800 SHARES		36,292		73,332
	ORACLE CORP	181,090 SHARES		3,939,757		4,443,949
	ORBCOMM INC	157,300 SHARES		1,445,627		424,710
	ORIENTAL YEAST CO	17,000 SHARES		74,025		86,009
	OSAKA ORGANIC CHEMICAL INDUSTRY	1,600 SHARES		6,492		6,050
	OSAKA STEEL CO	17,200 SHARES		301,327		288,591
	OSTASIATISKE KOMPAGNI	14,000 SHARES		500,131		491,299
	PACCAR INC	58,780 SHARES		1,973,307		2,131,951
	PACIFIC ANDES RESOURCES DEV	500,000 SHARES		127,075		101,499
	PACIFIC BRANDS	276,200 SHARES		324,779		280,693
	PACIFIC CENTURY	471,000 SHARES		150,192		128,167
	PALADIN ENERGY LTD	63,600 SHARES		270,738		239,090
	PAN AMERICAN SILVER CORP	3,600 SHARES		70,126		86,055
	PAN PACIFIC PETROLEUM	60,248 SHARES		13,300		21,674
	PANAUST LTD	478,243 SHARES		218,561		243,011
	PANORAMIC RESOURCES LTD	74,000 SHARES		151,005		155,066
	PARAGON GROUP OF COMPANIES	76,283 SHARES		167,872		161,373
	PARAMOUNT RESOURCES	22,000 SHARES		236,479		308,485
	PEOPLES FOOD HLDGS	320,000 SHARES		173,648		142,455
	PERMASTEELISA SPA	7,362 SHARES		129,338		137,209
	PETROFAC	73,978 SHARES		1,058,457		1,246,003
	PETROLEO BRASILEIRO SA PETROBRAS	19,490 SHARES		1,021,401		929,283
	PETROPAVLOVSK PLC	9,622 SHARES		208,737		159,421

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	PFIZER INC	137,000 SHARES		2,753,863		2,492,030
	PHILIP MORRIS INTERNATIONAL INC	20,000 SHARES		784,924		963,800
	PIERRE & VACANCES	4,619 SHARES		508,598		356,207
	PINNACLE ENTERTAINMENT INC	138,120 SHARES		1,401,025		1,240,318
	PINNACLE WEST CAPITAL CORP	22,300 SHARES		779,121		815,734
	PIOLAX CO	7,600 SHARES		144,589		129,068
	PIONEER CORP	6,600 SHARES		18,643		20,276
	PIONEER NATURAL RESOURCES CO	147,800 SHARES		8,470,447		7,119,526
	PLENUS CO	17,400 SHARES		236,950		236,810
	PLEXUS CORP	29,300 SHARES		577,204		835,050
	POWER INTEGRATIONS INC	45,600 SHARES		911,314		1,658,016
	PRECISION CASTPARTS CORP	25,280 SHARES		2,410,072		2,789,648
	PRECISION DRILLING	434,089 SHARES		4,093,468		3,167,626
	PRIMARY HEALTH CARE	31,200 SHARES		102,982		167,797
	PROCTER & GAMBLE CO	24,550 SHARES		1,326,033		1,488,467
	PROGRESS ENERGY RESOURCES CORP	10,300 SHARES		107,090		139,023
	PROGRESSIVE CORP	311,600 SHARES		5,240,931		5,605,684
	PROSPERITY BANCSHARES INC	42,200 SHARES		1,231,122		1,707,834
	PROTECTIVE LIFE CORP	105,400 SHARES		1,992,134		1,744,370
	PROVIDENT ENERGY	47,110 SHARES		297,966		318,156
	PRYSMIAN	59,922 SHARES		1,536,181		1,048,012
	PS BUSINESS PARKS INC	10,100 SHARES		469,650		505,505
	PSION	104,862 SHARES		249,119		164,256
	PSS WORLD MEDICAL INC	120,600 SHARES		2,130,975		2,721,942
	PSYCHIATRIC SOLUTIONS INC	37,400 SHARES		942,528		790,636
	PUBLIC FINANCIAL HLDGS	90,000 SHARES		29,102		51,534
	PUBLIC POWER CORP	73,061 SHARES		1,546,351		1,362,716
	PUBLICIS GROUPE	56,000 SHARES		1,669,701		2,289,861
	PULTE HOMES INC	443,300 SHARES		9,782,093		4,433,000
	QINETIQ GROUP	652,101 SHARES		2,008,680		1,710,146
	QUADRA MINING	28,400 SHARES		376,009		393,079
	QUALCOMM INC	68,435 SHARES		2,808,233		3,165,803
	QUEBECOR INC	14,600 SHARES		279,377		379,083
	QUEST SOFWARE INC	103,794 SHARES		1,417,933		1,909,810
	QWEST COMMUNICATIONS INTL INC	118,700 SHARES		700,120		499,727
	RAMSAY HEALTH CARE	17,335 SHARES		109,844		169,778
	RAYMOND JAMES FINANCIAL INC	177,900 SHARES		4,623,444		4,228,683
	RAYTHEON CO	30,800 SHARES		1,344,043		1,586,816
	RBC BEARINGS INC	123,500 SHARES		3,445,988		3,004,755
	RECKITT BENCKISER GROUP PLC	43,590 SHARES		2,106,608		2,362,332
	RED BACK MINING INC	12,300 SHARES		181,116		175,991
	REED ELSEVIER NV	461,019 SHARES		6,764,300		5,689,106
	REGAL ENTERTAINMENT GROUP	60,075 SHARES		1,083,082		867,483
	REINSURANCE GROUP OF AMERICA	100,000 SHARES		5,778,995		4,765,000
	RENAULT(REGIE NATNALE DES USINES)	30,038 SHARES		1,512,888		1,560,112
	REPSOL YPF	45,437 SHARES		1,518,378		1,220,697
	RESOLUTE MINING	113,100 SHARES		79,863		107,311
	RESOURCES CONNECTION INC	64,700 SHARES		1,502,045		1,372,934
	REXAM	501,263 SHARES		2,282,914		2,352,304
	RHG LTD	127,200 SHARES		79,843		61,775
	RICOH LEASING CO	400 SHARES		7,426		7,906
	RIO TINTO LIMITED	120,829 SHARES		4,630,892		7,450,247
	RISA PARTNERS INC	1,296 SHARES		2,491,042		814,394
	RISO KAGAKU CORP	14,300 SHARES		276,466		114,437

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	ROAD KING INFRASTRUCTURE	119,000 SHARES		124,111		92,541
	ROBERT WISEMAN DAIRIES	7,822 SHARES		35,325		64,799
	ROCHE HLDG AG GENUSSCHEINE	62,654 SHARES		9,961,693		10,654,968
	ROLAND CORP	16,500 SHARES		401,750		146,044
	ROLLS ROYCE GROUP	14,221,335 SHARES		1,668,334		2,152,766
	RONA INC	3,400 SHARES		33,340		50,107
	ROYAL DUTCH SHELL	277,696 SHARES		11,549,773		9,101,610
	ROYAL HOLDINGS CO	10,500 SHARES		109,572		107,261
	RTI INTERNATIONAL METALS INC	39,700 SHARES		783,939		999,249
	RUDDICK CORP	49,200 SHARES		1,215,659		1,265,916
	RYODEN TRADING CO	25,000 SHARES		196,314		122,724
	RYOYO ELECTRO CORP	16,500 SHARES		231,663		130,802
	SA SA INTERNATIONAL HOLDINGS	30,000 SHARES		7,748		19,886
	SAAB AB	91,163 SHARES		1,372,597		1,506,594
	SAIPEM	49,730 SHARES		1,027,164		1,719,538
	SAISON INFORMATION SYSTEMS	2,300 SHARES		15,387		15,491
	SAKAI CHEMICAL INDUSTRY CO	32,000 SHARES		144,699		145,056
	SALMAT LTD	38,100 SHARES		74,616		143,914
	SAN-AI OIL CO	14,000 SHARES		61,024		54,138
	SANEI INTERNATIONAL CO	11,500 SHARES		110,820		105,494
	SAN-IN GODO BANK	45,000 SHARES		382,589		349,965
	SANKI ENGINEERING CO	21,000 SHARES		157,689		147,076
	SANKO MARKETING FOODS CO	22 SHARES		14,725		18,480
	SANKYO CO	92,379 SHARES		5,159,613		4,604,313
	SANKYO FRONTIER CO	4,000 SHARES		9,518		8,636
	SANOFI-AVENTIS	140,994 SHARES		11,626,584		11,138,150
	SANSEI YUSOKI CO	11,000 SHARES		50,034		46,318
	SANTEN PHARMACEUTICAL CO	42,700 SHARES		1,206,359		1,366,840
	SANYO CHEMICAL INDUSTRIES	9,000 SHARES		48,785		46,888
	SANYO ENGINEERING & CONS INC	6,000 SHARES		18,193		17,595
	SATORI ELECTRIC CO	9,200 SHARES		101,267		54,254
	SAVVIS INC	68,700 SHARES		1,719,734		965,235
	SAZABY LEAGUE LTD	10,800 SHARES		197,015		127,960
	SBA COMMUNICATIONS	82,400 SHARES		1,712,725		2,814,784
	SCHINDLER-HLDG AG PTG	19,878 SHARES		1,462,123		1,531,591
	SCHLUMBERGER	58,990 SHARES		2,569,381		3,839,659
	SCHOOL SPECIALTY INC	28,300 SHARES		766,115		661,937
	SCHULER YOUNG	8,039 SHARES		55,115		43,252
	SCIENTIFIC GAMES	147,800 SHARES		4,884,634		2,150,490
	SCOTTS MIRACLE-GRO CO	135,000 SHARES		5,725,583		5,306,850
	SEADRILL LTD	45,314 SHARES		1,124,060		1,160,932
	SEARS CANADA INC	3,200 SHARES		64,669		73,868
	SEGA SAMMY HLDGS INC	65,800 SHARES		820,276		787,381
	SEIKAGAKU CORP	22,700 SHARES		222,570		236,766
	SEIKO EPSON CORP	19,900 SHARES		282,977		319,785
	SEIKO PMC CORP	1,400 SHARES		4,004		3,745
	SEINO HOLDINGS CO	34,000 SHARES		204,522		215,479
	SENIOR PLC	113,536 SHARES		119,225		137,508
	SENSHU ELECTRIC CO	6,200 SHARES		80,777		54,944
	SENSHUKAI CO	13,100 SHARES		154,632		66,418
	SHAWCOR	700 SHARES		16,516		19,597
	SHERRITT INTL CORP	42,300 SHARES		225,381		265,094
	SHIDAX CORP	20,100 SHARES		205,908		75,568
	SHIN-ETSU CHEMICAL CO	69,500 SHARES		3,119,675		3,904,452

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	SHINGAKUKAI CO	10,500 SHARES		53,492		33,949
	SHINKO SHOJI CO	11,500 SHARES		70,925		90,918
	SHOWA CORP	19,700 SHARES		126,141		118,291
	SIA ENGINEERING CO	26,000 SHARES		59,609		61,854
	SIAS	19,587 SHARES		106,064		183,790
	SIEMENS AG	80,294 SHARES		8,484,222		7,390,423
	SIGMA PHARMACEUTICALS	290,900 SHARES		257,579		259,005
	SILVER STANDARD RESOURCES INC	1,400 SHARES		31,362		30,715
	SINANEN CO	36,000 SHARES		198,394		149,267
	SINGAPORE AIRLINES	287,000 SHARES		1,810,634		3,054,083
	SINGAPORE LAND	35,000 SHARES		121,977		163,788
	SINOLINK WORLDWIDE HLDGS	692,000 SHARES		89,555		132,081
	SINTOKOGIO	15,800 SHARES		122,331		111,675
	SKANDINAVISKA ENSKILDA BANKEN	365,852 SHARES		2,149,732		2,271,940
	SLM CORP	91,500 SHARES		807,849		1,031,205
	SMARTONE TELECOMM HLDGS	83,000 SHARES		70,071		68,506
	SMC CORP	21,500 SHARES		2,283,927		2,431,871
	SMITH	530,981 SHARES		606,915		1,085,538
	SMURFIT KAPPA GROUP	220,796 SHARES		3,993,108		1,991,453
	SNAM RETE GAS	792,300 SHARES		3,812,340		3,944,531
	SNAP-ON INC	80,000 SHARES		2,679,700		3,380,800
	SNT CORP	16,800 SHARES		49,059		40,784
	SODEXO	7,300 SHARES		413,887		417,533
	SOFT99 CORP	100 SHARES		580		540
	SOFTWARE AG DARMSTADT	11,772 SHARES		1,318,249		1,290,387
	SOHGO SECURITIES CO	900 SHARES		10,578		10,074
	SOILBUILD GROUP HLDGS	101,000 SHARES		50,339		66,185
	SOL MELIA S.A.	37,228 SHARES		203,159		315,136
	SOLARWINDS INC	24,600 SHARES		478,299		566,046
	SOLVAY S.A.	2,252 SHARES		308,341		244,106
	SONAE.COM SGPS	189,000 SHARES		465,227		523,896
	SO-NET ENTERTAINMENT CORP	11 SHARES		22,203		24,920
	SONY FINANCIAL HOLDINGS INC	1,274 SHARES		4,430,949		3,314,494
	SOPRA GROUP	4,300 SHARES		149,392		305,387
	SOUTHERN CROSS MEDIA GROUP	155,100 SHARES		288,831		269,214
	SOUTHWEST AIRLINES CO	245,500 SHARES		2,733,296		2,806,065
	SPECIALTY FASHION GROUP LTD	78,500 SHARES		62,414		93,897
	SPECTRA ENERGY CORP	88,700 SHARES		1,565,034		1,819,237
	SPECTRUM BRANDS INC	19,281 SHARES		580,092		433,823
	SPOTLESS GROUP	77,700 SHARES		114,297		206,145
	SPRINT NEXTEL CORP	308,600 SHARES		3,340,598		1,129,476
	SRI SPORTS LIMITED	165 SHARES		226,227		155,615
	ST JOE CO	43,700 SHARES		1,343,953		1,262,493
	STAGECOACH GROUP	359,174 SHARES		1,914,323		983,121
	STANCORP FINANCIAL GROUP	79,600 SHARES		3,142,903		3,185,592
	STANDARD CHARTERED	204,691 SHARES		5,602,915		5,206,088
	STANTEC INC	14,200 SHARES		270,726		411,771
	STAPLES INC	91,050 SHARES		1,984,103		2,238,920
	STARHILL GLOBAL	145,000 SHARES		61,194		54,222
	STATE STREET CORP	38,850 SHARES		2,085,774		1,691,529
	STATOIL ASA	108,100 SHARES		2,750,943		2,709,611
	STATS CHIPPAC	5,000 SHARES		5,779		3,561
	STELLA INTERNATIONAL HLDGS LTD	2,500 SHARES		3,857		4,540
	STOLT-NIELSEN S.A.	38,587 SHARES		421,978		536,042

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	SUDZUCKER AG	74,200 SHARES		1,616,266		1,547,906
	SUGIMOTO & CO	1,100 SHARES		13,642		9,264
	SULZER AG	5,522 SHARES		423,765		433,213
	SUMIDA CORP	11,100 SHARES		50,401		83,940
	SUMIKIN BUSSAN CORP	94,000 SHARES		210,237		179,730
	SUMISHO COMPUTER SYSTEMS CORP	15,100 SHARES		202,754		206,480
	SUMITOMO ELECTRIC INDUSTRIES	79,100 SHARES		1,015,355		977,120
	SUMITOMO MITSUI FIN’L GROUP INC	24,675 SHARES		1,033,480		701,062
	SUMITOMO PIPE & TUBE	20,700 SHARES		108,862		106,063
	SUN HUNG KAI CO	62,000 SHARES		48,498		47,175
	SUN HUNG KAI PROPERTIES	88,000 SHARES		735,159		1,319,878
	SUNCALL CORP	23,000 SHARES		56,409		92,153
	SUNDRUG CO	42,300 SHARES		1,107,424		938,283
	SUNOCO INC	23,300 SHARES		921,005		608,130
	SUNSTONE HOTEL INVESTORS INC	102,351 SHARES		1,524,766		908,877
	SUNTRUST BANKS INC	59,070 SHARES		940,685		1,198,530
	SUN-WA TECHNOS CORP	1,400 SHARES		5,941		6,030
	SUPER CHEAP AUTO GROUP	28,000 SHARES		123,715		135,982
	SURUGA BANK	212,000 SHARES		2,526,985		1,835,458
	SUZUKEN CO	12,100 SHARES		299,704		396,423
	SVENSKA HANDELSBANKEN	155,192 SHARES		2,668,635		4,438,342
	SWATCH GROUP	8,034 SHARES		1,747,556		2,035,410
	SWIBER HOLDINGS LTD	35,000 SHARES		9,757		25,428
	SWISS LIFE HOLDING	16,800 SHARES		1,575,939		2,145,200
	SWISS REINSURANCE	74,857 SHARES		6,196,066		3,614,136
	SWISSLOG HOLDING	360,901 SHARES		228,916		303,733
	SWORD GROUP	310 SHARES		8,194		10,901
	SYDBANK AS	49,600 SHARES		1,102,386		1,279,152
	SYNAPTICS INC	29,500 SHARES		749,147		904,175
	SYNGENTA	4,022 SHARES		784,701		1,131,023
	T & K TOKA CO	2,400 SHARES		13,328		27,198
	TADANO LIMITED	25,000 SHARES		108,647		103,658
	TAIKO BANK	8,000 SHARES		17,628		17,788
	TAKASHIMAYA CO	25,000 SHARES		144,082		158,977
	TAKATA CORPORATION	100 SHARES		1,911		2,315
	TAKEDA PHARMACEUTICAL CO	41,700 SHARES		2,712,979		1,715,570
	TAKEUCHI MFG CO	6,400 SHARES		231,750		58,366
	TARGET CORP	31,730 SHARES		1,191,609		1,534,780
	TATTS GROUP LTD	11,500 SHARES		25,141		25,236
	TBK CO	1,000 SHARES		2,126		1,772
	TECHNIP	147,622 SHARES		8,086,450		10,462,953
	TECHNO ASSOCIE CO LTD	2,100 SHARES		22,495		14,008
	TECHNO RYOWA	1,800 SHARES		10,730		8,256
	TECNOCOM TELECOM Y ENERGIA	18,902 SHARES		99,976		80,003
	TEIJIN	35,000 SHARES		97,266		112,788
	TELEDYNE TECHNOLOGIES INC	26,500 SHARES		899,580		1,016,540
	TELEFONICA SA	361,808 SHARES		8,826,243		10,132,911
	TELENOR ASA ORD	108,000 SHARES		1,529,981		1,515,268
	TELEPERFORMANCE	8,975 SHARES		300,206		292,048
	TELEPLAN INTERNATIONAL	17,179 SHARES		27,581		58,415
	TELEVISION BROADCASTS	41,000 SHARES		189,268		197,490
	TELSTRA CORPORATION	650,595 SHARES		2,452,144		2,006,936
	TENMA CORP	19,300 SHARES		219,806		216,644
	TEVA PHARMACEUTICAL INDUSTRIES	18,680 SHARES		874,232		1,049,442

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	TEXAS INSTRUMENTS INC	75,110 SHARES		1,331,551		1,957,367
	TEXAS ROADHOUSE	194,400 SHARES		2,251,051		2,183,112
	TEXWINCA HLDGS	310,000 SHARES		202,112		289,849
	THE MOSAIC COMPANY	24,890 SHARES		1,339,522		1,486,680
	THE NISSHIN OILLIO GROUP LTD	6,000 SHARES		32,060		30,163
	THOMAS COOK GROUP	558,000 SHARES		1,735,534		2,073,400
	THOMAS PROPERTIES GROUP INC	83,200 SHARES		815,262		246,272
	THORN GROUP LTD	54,138 SHARES		45,126		57,210
	TIETO OYJ	67,200 SHARES		1,309,467		1,398,020
	TIGERS POLYMER CORP	4,100 SHARES		15,838		13,741
	TIME WARNER CABLE INC	33,100 SHARES		1,609,431		1,370,009
	TIME WARNER INC	80,900 SHARES		2,758,287		2,357,424
	TJX COS INC	167,900 SHARES		4,067,212		6,136,745
	TK DEVELOPMENT	10,944 SHARES		49,858		55,920
	TNT N.V.	187,138 SHARES		6,297,074		5,772,669
	TODA CORP	6,000 SHARES		21,049		19,077
	TOEI CO	59,000 SHARES		263,419		313,078
	TOGNUM	10,709 SHARES		183,272		178,231
	TOHOKUSHINSHA FILM CORP	8,300 SHARES		52,431		42,438
	TOKAI CORP	400 SHARES		4,811		5,371
	TOKAI TOKYO FIN’L HOLDINGS INC	2,000 SHARES		7,209		7,798
	TOKYO DERICA CO	10,500 SHARES		33,734		33,385
	TOKYO ELECTRON	95,400 SHARES		3,396,661		6,066,577
	TOKYO GAS CO	319,000 SHARES		1,409,683		1,271,271
	TOKYO STEEL MANUFACTURING CO	12,600 SHARES		164,037		141,436
	TOKYO STYLE CO	42,000 SHARES		462,666		311,295
	TOKYO TEKKO CO	31,000 SHARES		102,684		89,908
	TOKYU LAND CORP	77,000 SHARES		253,682		282,872
	TOLI CORP	35,000 SHARES		62,424		61,657
	TOPPAN FORMS	17,200 SHARES		227,242		178,291
	TOPRE CORP	22,700 SHARES		197,717		201,409
	TOPY INDUSTRIES	26,000 SHARES		92,690		46,641
	TORII PHARMACEUTICAL CO	5,000 SHARES		88,469		94,581
	TOROMONT INDUSTRIES	1,000 SHARES		21,536		26,508
	TOSHIBA CORP	313,000 SHARES		1,610,669		1,718,062
	TOSHIBA TEC CORP	80,000 SHARES		311,303		301,627
	TOTAL S.A.	116,843 SHARES		8,213,347		7,511,743
	TOWNGAS CHINA CO LTD	245,000 SHARES		54,614		98,897
	TOYO INK MANUFACTURING CO	24,000 SHARES		92,792		92,035
	TOYO KOHAN CO	46,000 SHARES		191,473		239,154
	TOYO SUISAN KAISHA	98,000 SHARES		2,116,314		2,247,489
	TPG TELECOM LTD	94,337 SHARES		56,101		141,262
	TRANSCONTINENTAL INC	26,550 SHARES		299,451		327,206
	TRANSOCEAN LTD	12,550 SHARES		1,369,329		1,039,140
	TRANSPORT INTERNATIONAL HLDGS	10,400 SHARES		54,776		29,507
	TRAVIS PERKINS	90,418 SHARES		1,240,049		1,244,018
	TREEHOUSE FOODS INC	52,200 SHARES		1,424,745		2,028,492
	TRICAN WELL SERVICE	1,600 SHARES		20,527		21,458
	TRINITY INDUSTRIAL CORP	2,000 SHARES		6,302		6,767
	TRINITY MIRROR	59,409 SHARES		170,134		144,481
	TRULY INTERNATIONAL HLDGS	92,000 SHARES		70,368		84,477
	TRUSCO NAKAYAMA CORP	2,400 SHARES		48,230		33,411
	TSURUMI MANUFACTURING CO	14,000 SHARES		138,005		104,818
	TSUZUKI DENKI CO	2,000 SHARES		6,745		6,445

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	TULLETT PREBON PLC	23,224 SHARES		161,661		104,597
	TV ASAHI CORP	212 SHARES		304,446		301,507
	TW TELECOM INC	124,000 SHARES		1,926,448		2,125,360
	TYCO ELECTRONICS LTD	69,300 SHARES		2,069,619		1,701,315
	TYCO INTERNATIONAL LTD	43,500 SHARES		1,693,197		1,552,080
	UBS	350,382 SHARES		6,031,219		5,438,743
	UGL LTD	35,300 SHARES		353,259		453,665
	UKC HOLDINGS CORPORATION	600 SHARES		5,805		7,863
	UNIBAIL-RODAMCO SE	13,911 SHARES		2,526,065		3,067,669
	UNIMAT LIFE CORP	300 SHARES		2,064		2,858
	UNION PACIFIC CORP	27,000 SHARES		1,139,589		1,725,300
	UNIPOL GRUPPO FINANZIARIO SPA	174,460 SHARES		454,338		240,169
	UNITED NATURAL FOODS INC	111,417 SHARES		2,757,646		2,979,291
	UNITED OVERSEAS BANK	209,000 SHARES		2,247,834		2,932,654
	UNIVANCE CORP	8,600 SHARES		36,814		18,014
	UNIVERSE CO	3,200 SHARES		34,454		41,592
	UNIVEST CORP OF PA	24,000 SHARES		420,000		420,720
	UNY CO	46,000 SHARES		495,793		321,671
	UOB-KAY HIAN HOLDINGS	154,000 SHARES		116,318		165,633
	UOL GROUP	92,000 SHARES		208,015		266,705
	URANIUM ONE INC	44,610 SHARES		109,151		128,509
	URS CORP	104,800 SHARES		3,353,510		4,665,696
	US BANCORP DELAWARE	125,700 SHARES		2,505,402		2,829,507
	USG PEOPLE	17,803 SHARES		269,691		324,267
	USI HLDGS	92,000 SHARES		27,049		28,594
	UTI WORLDWIDE INC	74,400 SHARES		1,295,049		1,065,408
	UXC ORD	77,652 SHARES		46,720		54,822
	VAIL RESORTS INC	16,200 SHARES		510,207		612,360
	VALEO	6,743 SHARES		177,661		237,316
	VALIDUS HOLDING LTD	50,170 SHARES		1,263,161		1,351,580
	VALOR CO	30,600 SHARES		221,019		236,333
	VALORA HOLDING	2,391 SHARES		540,095		589,799
	VALSPAR CORP	202,600 SHARES		5,191,879		5,498,564
	VARITRONIX INTERNATIONAL	126,000 SHARES		42,142		39,486
	VENTURE CORPORATION	29,000 SHARES		174,778		182,806
	VERISIGN	37,480 SHARES		986,430		908,515
	VERIZON COMMUNICATIONS INC	24,400 SHARES		742,330		808,372
	VESTJYSK BANK	5,367 SHARES		50,655		90,032
	VIACOM INC	46,850 SHARES		1,532,943		1,392,851
	VICTORY CITY INT’L HLDGS	460,000 SHARES		55,852		92,545
	VILLAGE ROADSHOW	2,121 SHARES		2,336		3,529
	VINCI	94,879 SHARES		5,266,223		5,372,958
	VISA INC	15,980 SHARES		1,143,358		1,397,611
	VIVENDI	90,708 SHARES		3,584,892		2,706,330
	VODAFONE GROUP	3,890,965 SHARES		10,430,891		9,029,138
	VOLCOM INC	101,500 SHARES		2,319,757		1,699,110
	VP	4,348 SHARES		6,903		12,568
	VTECH HLDGS	5,000 SHARES		26,416		47,910
	WACKER CHEMIE	19,801 SHARES		1,965,873		3,469,366
	WADDELL & REED FINL INC	54,100 SHARES		1,270,578		1,652,214
	WAI KEE HOLDINGS	68,000 SHARES		12,820		14,908
	WAKITA & CO	18,000 SHARES		67,713		72,893
	WAL-MART STORES INC	35,100 SHARES		1,658,892		1,876,095
	WAREHOUSE CO LTD	6,400 SHARES		45,480		27,224

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES (CONTINUED):
	WARNACO GROUP INC	63,000 SHARES		1,722,316		2,657,970
	WASTE CONNECTIONS INC	55,400 SHARES		1,682,880		1,845,928
	WASTE MANAGEMENT INC	34,800 SHARES		1,099,666		1,176,588
	WEIQIAO TEXTILE CO	3,000 SHARES		3,475		2,058
	WELLS FARGO & CO	128,330 SHARES		3,340,840		3,463,627
	WESFARMERS	45,901 SHARES		1,129,614		1,290,859
	WEST FRASER TIMBER CO	11,408 SHARES		301,438		359,101
	WESTERN UNION COMPANY	165,370 SHARES		2,737,796		3,117,225
	WET SEAL INC	246,800 SHARES		1,189,918		851,460
	WEYERHAEUSER CO	49,500 SHARES		1,508,362		2,135,430
	WHEELOCK PROPERTIES	250,000 SHARES		253,420		163,463
	WHITE MOUNTAINS INS GROUP	4,373 SHARES		1,366,578		1,454,722
	WHITEHAVEN COAL LIMITED	80,100 SHARES		262,703		376,758
	WILEY(JOHN)& SONS INC	91,352 SHARES		3,656,429		3,825,822
	WILMAR INTERNATIONAL LTD	663,266 SHARES		2,193,526		3,037,715
	WIN INTERNATIONAL CO	1,300 SHARES		7,282		7,122
	WING ON CO INTERNATIONAL	39,000 SHARES		61,902		54,521
	WING TAI HOLDINGS	20,000 SHARES		24,153		26,069
	WOODWARD GOVERNOR CO	31,400 SHARES		741,087		809,178
	WOOLWORTHS LIMITED	46,249 SHARES		1,027,204		1,164,633
	WOWOW INC	1 SHARE		1,898		1,810
	WRIGHT EXPRESS CORP	32,000 SHARES		792,409		1,019,520
	WSFS FINANCIAL CORP	15,717 SHARES		740,952		402,827
	WSP GROUP	59,112 SHARES		189,642		262,984
	XINGDA INT’L HOLDINGS LTD	196,000 SHARES		88,750		91,756
	XSTRATA PLC	230,215 SHARES		2,653,996		4,167,460
	XTO ENERGY INC	163,125 SHARES		5,708,344		7,590,206
	YAGI & CO	2,900 SHARES		28,508		32,709
	YAHOO INC	90,040 SHARES		1,562,655		1,510,871
	YAMABIKO CORP	5,600 SHARES		76,274		56,484
	YAMATO HOLDINGS CO	116,000 SHARES		1,415,680		1,604,898
	YAMATO INTERNATIONAL INC	9,600 SHARES		40,528		33,927
	YAMATO KOGYO CO	8,200 SHARES		253,483		266,889
	YODOGAWA STEEL WORKS	23,000 SHARES		107,763		93,141
	YONEKYU CORP	11,000 SHARES		118,455		93,464
	YOROZU CORP	6,100 SHARES		61,321		81,840
	YOSHINOYA HLDGS CO LTD	21 SHARES		24,391		22,558
	YUE YUEN INDUSTRIAL HLDGS	1,072,500 SHARES		2,153,144		3,112,083
	YUM BRANDS INC	180,300 SHARES		4,306,443		6,305,091
	YURTEC CORP	45,000 SHARES		245,104		240,238
	ZOJIRUSHI CORP	24,000 SHARES		57,342		45,115
	ZUKEN INC	3,300 SHARES		28,029		21,836
	ZURICH FINANCIAL SERVICES	40,320 SHARES		10,803,844		8,834,322

	TOTAL JPMORGAN CHASE & CO. AND OTHER EQUITY SECURITIES			3,975,207,938		4,296,560,790

COMMON/COLLECTIVE TRUST FUNDS:
	BGI EAFE INDEX FUND	9,721,515 UNITS		222,974,468		249,842,934
	BLACKROCK EQUITY INDEX FUND	71,512,159 UNITS		1,154,059,902		1,252,893,023
	BLACKROCK RUSSELL 1000 GROWTH FD	69,625,387 UNITS		509,310,108		561,180,623
	BLACKROCK RUSSELL 1000 VALUE FD	18,083,644 UNITS		205,528,527		221,343,803
	BLACKROCK RUSSELL 2000 INDEX FD	12,159,344 UNITS		174,851,696		202,696,272
*	JPM LIQUIDITY FUND	234 UNITS		234		234
*	JPMORGAN U.S. GOV’T CAPITAL	245,034,613 UNITS		245,034,613		245,034,613
	MISCELLANEOUS INCOME	1 UNIT		0		1

	TOTAL COMMON/COLLECTIVE TRUST FUNDS			2,511,759,548		2,732,991,503

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

**SYNTHETIC GUARANTEED INVESTMENT CONTRACTS:
	AIG GIC # 496672	0.000% 12/31/2049 661,295,054		661,295,054		625,171,195
*	JPM/BANK OF AMERICA	01-001/10051-5 719,366,304		719,366,304		680,070,248
*	JPM/STATE STREET BANK	101004/10051-5 755,274,625		755,274,625		714,017,044

	TOTAL GUARANTEED INVESTMENT CONTRACTS			2,135,935,983		2,019,258,487

REGISTERED INVESTMENT COMPANIES (MUTUAL FUNDS):
*	JPMORGAN US EQUITY FDS	32,775,470 UNITS		523,882,137		428,703,151
*	JPMORGAN TR I SMALL CAP CORE	12,899,623 UNITS		508,459,789		370,735,169
*	JPMORGAN TR II CORE BD FD	33,227,750 UNITS		355,715,983		368,828,023
*	JPMORGAN MID CAP GROWTH FD	15,067,266 UNITS		220,186,769		276,032,306
	PIMCO FDS PAC INVT MGMT	1,595,477 UNITS		15,874,180		13,378,284

	TOTAL REGISTERED INVESTMENT COMPANIES (MUTUAL FUNDS)			1,624,118,858		1,457,676,933

CORPORATE DEBT SECURITIES:
	ABBEY NAT’L TREASURY	1.95% 03/19/2010 1,700,000		1,700,000		1,700,000
	ABBOT LABORATORIES CORP	0.13% 02/09/2010 7,950,000		7,948,830		7,949,139
	ACCELLENT INC	SEMI-ANN. 10.500% 12/01/2013 500,000		516,875		481,250
	ACCO BRANDS CORP	SEMI-ANN. 10.625% 03/15/2015 250,000		246,255		275,000
	ACCO BRANDS CORP	SEMI-ANN. 7.625% 08/15/2015 375,000		347,769		348,750
	AEP TEXAS CTR	4.98% 01/01/2012 459,785		460,862		459,779
	AES CORP	SEMI-ANN. 7.750% 03/01/2014 105,000		97,650		106,575
	AES CORP	SEMI-ANN. 7.750% 10/15/2015 1,830,000		1,712,350		1,857,450
	AES CORP	SEMI-ANN. 8.000% 06/01/2020 700,000		679,861		712,250
	AES CORP	SEMI-ANN. 8.000% 10/15/2017 960,000		888,000		985,200
	AES CORP	SEMI-ANN. 9.750% 04/15/2016 500,000		470,000		547,500
	AFFINION GROUP INC	SEMI-ANN. 10.125% 10/15/2013 500,000		521,314		513,750
	AIRGAS INC	SEMI-ANN. 7.125% 10/01/2018 500,000		412,500		521,250
	AK STEEL CORP	SEMI-ANN. 7.750% 06/15/2012 375,000		370,781		378,750
	ALBERTSONS INC	SEMI-ANN. 8.000% 05/01/2031 1,000,000		917,500		907,500
	ALERIS INTERNATIONAL INC	SEMI-ANN. 10% 12/15/2016 1,000,000		1,022,329		5,000
	ALERIS INTERNATIONAL INC	SEMI-ANN. 9% 12/15/2014 375,000		378,861		1,958
	ALLIANCE ONE INT’L INC	SEMI-ANN. 10.000% 07/15/2016 625,000		660,938		656,250
	ALLIANT TECHSYSTEMS INC	SEMI-ANN. 6.750% 04/01/2016 500,000		487,500		495,000
	ALLIED WASTE NORTH AMERICA	SEMI-ANN. 6.125% 02/15/2014 250,000		241,563		254,346
	ALLIED WASTE NORTH AMERICA	SEMI-ANN. 6.875% 06/01/2017 500,000		495,625		530,625
	ALLIED WASTE NORTH AMERICA	SEMI-ANN. 7.25% 03/15/2015 1,250,000		1,185,000		1,306,250
	ALLISON TRANS	SEMI-ANN. 11.000% 11/01/2015 875,000		890,313		918,750
	ALTRA HOLDINGS INC	SEMI-ANN. 8.125% 12/01/2016 375,000		375,938		384,844
	AMER HONDA FIN CORP	QRTRLY FLTNG 02/05/2010 1,500,000		1,502,205		1,499,837
	AMER HONDA FIN CORP	QRTRLY FLTNG 03/16/2010 1,250,000		1,239,588		1,249,318
	AMERICA MOVIL SAB DE CV	SEMI-ANN. 5.625% 11/15/2017 520,000		485,678		538,376
	AMERICAN EXPRESS BANK	SEMI-ANN. 5.500% 04/16/2013 2,000,000		1,941,760		2,131,858
	AMERICAN EXPRESS CO	SEMI-ANN. FLTNG 09/01/2066 40,000		21,717		35,800
	AMERICAN EXPRESS CREDIT CORP	MONTHLY FLTNG 05/27/2010 500,000		501,810		502,014
	AMERICAN EXPRESS CREDIT CORP	MONTHLY FLTNG 06/16/2011 2,300,000		1,958,496		2,269,035
	AMERICAN EXPRESS CREDIT CORP	MONTHLY FLTNG 10/04/2010 1,500,000		1,487,181		1,496,090
	AMERICAN GENERAL FINANCE	SEMI-ANN. 6.900% 12/15/2017 1,370,000		637,106		951,265
	AMERICAN HONDA FINANCE CORP	0.000% 02/25/2010 7,950,000		7,947,527		7,948,057
	AMERICAN HONDA FINANCE CORP	QRTRLY FLTNG 05/11/2010 3,500,000		3,499,055		3,492,542
	AMERICAN INT’L GROUP INC	SEMI-ANN. 4.950% 03/20/2012 3,700,000		3,117,250		3,623,480
	AMERICAN INT’L GROUP INC	SEMI-ANN. 5.450% 05/18/2017 2,400,000		1,728,000		1,942,334
	AMERICAN INT’L GROUP INC	SEMI-ANN. 5.850% 01/16/2018 2,380,000		1,724,341		1,952,859
	AMERICAN INT’L GROUP INC	QRTRLY FLTNG 01/29/2010 2,000,000		1,840,000		1,998,626
	AMERIGAS PARTNERS	SEMI-ANN. 7.125% 05/20/2016 500,000		478,438		500,000

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	AMERISTAR CASINOS INC	SEMI-ANN. 9.250% 06/01/2014 500,000		492,743		518,750
	AMES TRUE TEMPER INC	QRTRLY FLTNG 01/15/2012 750,000		660,625		682,500
	AMEX ISSUANCE TR	MONTHLY 4.020% 01/18/2011 7,950,000		8,010,225		7,983,953
	AMH HLDGS INC	SEMI-ANN. FLTNG 03/01/2014 750,000		487,969		723,750
	ANADARKO FINANCE CORP	SEMI-ANN. 7.500% 05/01/2031 1,435,000		1,266,481		1,609,849
	AOL TIME WARNER INC	SEMI-ANN. 6.875% 05/01/2012 631,000		631,347		690,783
	AOL TIME WARNER INC	SEMI-ANN. 7.625% 04/15/2031 84,000		85,995		97,577
	AOL TIME WARNER INC	SEMI-ANN. 7.700% 05/01/2032 670,000		691,737		786,804
	AQUILEX HDG/AQUILEX	SEMI-ANN. 11.125% 12/15/2016 375,000		365,815		374,063
	ASB FINANCE LTD.	0.000% 02/24/2010 5,000,000		4,991,556		4,997,019
	ASHTEAD HLDGS	SEMI-ANN. 8.625% 08/01/2015 250,000		225,000		251,250
	ASIF GLOBAL FINANCING	SEMI-ANN. 4.900% 01/17/2013 113,000		95,279		103,989
	AT&T INC	QRTRLY FLTNG 02/05/2010 2,500,000		2,498,750		2,500,523
	AT&T INC	SEMI-ANN. 5.300% 11/15/2010 3,000,000		3,139,250		3,118,629
	AUSTRALIA & NEW ZEALA BKG	QRTRLY FLTNG 04/26/2011 5,200,000		5,201,732		5,161,156
	AVAGO TECHNOLOGIES	SEMI-ANN. 11.875% 12/01/2015 500,000		554,556		550,625
	BALDOR ELECTRIC CO	SEMI-ANN. 8.625% 02/15/2017 750,000		764,063		766,875
	BALL CORP	SEMI-ANN. 6.625% 03/15/2018 250,000		202,500		247,500
	BANC AMER AUTO TR	MONTHLY 0.668% 07/15/2010 1,693,528		1,693,528		1,694,304
	BANC OF AMERICA SECURITIES	MONTHLY 5.170% 12/18/2010 353,054		353,495		353,829
	BANCO BILBAO VIZ	0.000% 07/21/2010 4,500,000		4,478,673		4,488,254
	BANK OF AMERICA AUTO TRUST	MONTHLY 0.396% 09/15/2010 1,308,439		1,308,439		1,308,882
	BANK OF AMERICA AUTO TRUST	MONTHLY 1.160% 02/15/2012 450,000		450,580		451,094
	BANK OF AMERICA AUTO TRUST	MONTHLY 1.700% 12/15/2011 1,900,000		1,907,422		1,909,741
	BANK OF AMERICA AUTO TRUST	MONTHLY FLTNG 06/20/2011 622,329		621,162		623,972
	BANK OF AMERICA CORP	SEMI-ANN. 4.250% 10/01/2010 1,000,000		1,005,990		1,025,559
	BANK OF AMERICA CORP	SEMI-ANN. 4.500% 08/01/2010 2,000,000		2,029,320		2,041,836
	BANK OF AMERICA CORP	SEMI-ANN. 5.375% 06/15/2014 600,000		614,880		621,439
	BANK OF AMERICA CORP	SEMI-ANN. 5.420% 03/15/2017 500,000		356,375		493,551
	BANK OF AMERICA CORP	SEMI-ANN. 5.750% 12/01/2017 12,500,000		11,858,625		12,800,225
	BANK OF NEW YORK CO INC	QRTRLY FLTNG 06/29/2010 6,000,000		5,821,504		6,000,978
	BANK OF NOVA SCOTIA	0.495% 11/10/2010 10,000,000		10,000,000		10,000,000
	BANKAMERICA CORP	0.000% 03/29/2010 7,950,000		7,935,933		7,943,276
	BARCLAYS BANK PLC	1.5% 07/29/2010 10,200,000		10,200,000		10,200,000
	BAUSCH & LOMB INC	SEMI-ANN. 9.875% 11/01/2015 1,000,000		994,415		1,055,000
	BBVA U.S. SENIOR S.A. UNIPERSONAL	QRTRLY FLTNG 05/24/2011 2,500,000		2,500,000		2,498,635
*	BEAR STEARNS CO	SEMI-ANN. 7.250% 02/01/2018 1,490,000		1,641,169		1,710,301
	BELLSOUTH CORP	SEMI-ANN. 4.750% 11/15/2012 28,000		28,584		29,899
	BELVEDERE	QRTRLY FLTNG 05/15/2013 375,000		470,317		86,085
	BERKSHIRE HATHAWAY FIN CORP	QRTRLY FLTNG 01/11/2011 3,450,000		3,459,263		3,457,148
	BERKSHIRE HATHAWAY FIN CORP	SEMI-ANN. 4.200% 12/15/2010 2,000,000		2,078,200		2,070,560
	BERRY PLASTICS CORP	QRTRLY FLTNG 02/15/2015 500,000		374,375		456,875
	BERRY PLASTICS CORP	SEMI-ANN. 8.250% 11/15/2015 250,000		247,500		251,250
	BERRY PLASTICS CORP	SEMI-ANN. 8.875% 09/15/2014 500,000		508,750		486,250
	BERRY PLASTICS HOLDING CORP	SEMI-ANN. 10.250% 03/01/2016 250,000		243,817		220,000
	BEVERAGE PACKAGING HLDGS	SEMI-ANN. 8.000% 12/15/2016 500,000		670,593		685,380
	BEVERAGE PACKAGING HLDGS	SEMI-ANN. 9.500% 06/15/2017 1,000,000		1,320,891		1,415,811
	BIO RAD LABORATORIES INC	SEMI-ANN. 8.000% 09/15/2016 250,000		245,625		263,750
	BMW VEHICLE LEASE TRUST	MONTHLY 2.040% 04/15/2011 3,810,000		3,838,041		3,830,610
	BMW VEHICLE OWNER TRUST	5.070% 8/25/2011 4,138,597		4,212,789		4,164,351
	BNP PARIBAS	0.50% 12/13/2010 5,200,000		5,200,000		5,200,000
	BNP PARIBAS	QRTRLY FLTNG 03/10/2010 3,500,000		3,500,000		3,502,576
	BNP PARIBAS	QRTRLY FLTNG 06/04/2010 750,000		733,103		751,421
	BNP PARIBAS FIN INC	0.000% 04/19/2010 4,020,000		4,016,610		4,017,347

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	BOEING CAPITAL CORP	SEMI-ANN. 7.375% 09/27/2010 1,155,000		1,230,993		1,214,385
	BOISE CASCADE LLC	SEMI-ANN. 7.125% 10/15/2014 299,000		293,768		267,605
	BOISE PAPER HLDGS LLC	SEMI-ANN. 9.000% 11/01/2017 375,000		380,625		388,594
	BOMBADIER INC	SEMI-ANN. 6.750% 05/01/2012 500,000		438,125		516,250
	BOMBADIER INC	SEMI-ANN. 6.300% 05/01/2014 250,000		198,125		247,500
	BOMBADIER INC	SEMI-ANN. 8.000% 11/15/2014 500,000		506,250		519,375
	BONTEN MEDIA GROUP INC	SEMI-ANN. 9.000% 06/01/2015 274,968		272,548		102,426
	BOSTON SCIENTIFC	SEMI-ANN. 5.450% 06/15/2014 500,000		460,625		525,000
	BOSTON SCIENTIFC	SEMI-ANN. 6.400% 06/15/2016 500,000		413,750		537,500
	BOSTON SCIENTIFC	SEMI-ANN. 7.000% 11/15/2035 286,000		271,700		280,638
	BP CAPITAL MARKETS	QRTRLY FLTNG 03/17/2010 2,600,000		2,606,994		2,601,565
	BRITISH TELECOMMUNICATIONS	SEMI-ANN. FLTNG 12/15/2010 530,000		558,264		567,800
	BSCH ISSUANCES	SEMI-ANN. 7.625% 09/14/2010 1,150,000		1,201,624		1,205,497
	BUFFALO THUNDER DEV AUTH	9.375% 12/15/2014 250,000		250,000		43,750
	BUMBLE BEE FOODS LLC	SEMI-ANN. 7.750% 12/15/2015 625,000		617,644		626,563
	CABLEVISION SYSTEMS CORP	SEMI-ANN. 8.000% 04/15/2012 500,000		493,750		528,750
	CALCIPAR SA FRN SNR GTD	QRTRLY FLTNG 07/01/2014 375,000		432,763		411,755
	CALPINE CONSTRUCTION FIN CO	SEMI-ANN. 8.000% 06/01/2016 250,000		235,418		257,500
	CAPITAL AUTO REC’S ASSET TR	MONTHLY 4.980% 05/15/2011 3,550,988		3,593,393		3,589,490
	CAPITAL AUTO REC’S ASSET TR	MONTHLY 5.000% 04/15/2011 2,891,990		2,933,152		2,916,362
	CAPITAL AUTO REC’S ASSET TR	MONTHLY 5.020% 09/15/2011 1,848,205		1,877,814		1,874,545
	CAPITAL ONE MULTI-ASSET EXEC TR	MONTHLY 4.050% 03/15/2013 3,285,000		3,332,824		3,323,874
	CAPITAL ONE MULTI-ASSET EXEC TR	MONTHLY FLTNG 02/15/2013 560,000		558,644		559,158
	CAPITAL ONE MULTI-ASSET EXEC TR	MONTHLY FLTNG 11/15/2012 743,000		743,377		743,093
	CAPITAL ONE PRIME AUTO REC TR	MONTHLY 5.47% 06/15/2011 651,464		654,707		653,721
	CARDINAL HEALTH 409 INC	SEMI-ANN. FLTNG 04/15/2015 1,576,875		1,550,570		1,423,130
	CARMAX AUTO OWNER TRUST	MONTHLY 3.310% 11/15/2011 4,378,755		4,436,107		4,422,902
	CARMAX AUTO OWNER TRUST	MONTHLY 4.060% 09/15/2011 3,005,760		3,048,968		3,040,982
	CASE NEW HOLLAND	SEMI-ANN. 7.750% 09/01/2013 625,000		606,638		639,063
	CAYLON NY BRANCH	QRTRLY009-MAY-11 9,600,000		9,600,000		9,600,000
	CB RICHARD ELLIS SVCS INC	SEMI-ANN. 11.625% 06/15/2017 250,000		245,849		277,500
	CC HOLDINGS GS V LLC	QRTRLY 7.750% 05/01/2017 375,000		364,095		399,375
	CCH II LLC/CCH II CAPITAL CORP	SEMI-ANN. 13.500% 11/30/2016 91,672		85,989		107,944
	CCM MERGER INC	SEMI-ANN. 8.000% 08/01/2013 250,000		205,625		202,813
	CHARTER COMMUNICATIONS HLDGS	SEMI-ANN. FLTNG 04/30/2012 500,000		451,675		513,750
	CHARTER COMMUNICATIONS OPT	SEMI-ANN. FLTNG 09/15/2014 1,000,000		754,491		1,120,000
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 6.250% 01/15/2017 250,000		325,853		328,199
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 6.500% 08/15/2017 750,000		691,250		735,000
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 6.625% 01/15/2016 500,000		464,063		495,000
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 6.875% 01/15/2016 1,000,000		978,125		1,000,000
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 7.250% 12/15/2018 750,000		677,500		755,625
	CHESAPEAKE ENERGY CORP	SEMI-ANN. 9.500% 02/15/2015 375,000		370,938		411,563
	CHRYSLER FINANCIAL AUTO SEC	MONTHLY 1.011% 07/15/2010 1,137,682		1,137,942		1,138,674
	CHUKCHANSI ECO DEV AUTH	SEMI-ANN. 8.000% 11/15/2013 500,000		413,973		365,000
	CIE GEN GEOPHYSIQUE	SEMI-ANN. 7.750% 05/15/2017 250,000		250,000		248,125
	CIGNA CORP	SEMI-ANN. 6.350% 03/15/2018 1,000,000		998,880		1,006,719
	CINCINNATI BELL INC	SEMI-ANN. 8.375% 01/15/2014 250,000		251,019		254,375
	CIRSA FINANCE	SEMI-ANN. 8.750% 05/15/2014 500,000		716,428		690,473
	CIT GROUP INC	3.8% 11/14/2012 250,000		218,208		252,552
	CIT GROUP INC	4.65% 9/19/2016 500,000		344,487		491,402
	CIT GROUP INC	QRTRLY 7.000% 05/01/2013 178,849		150,366		166,777
	CIT GROUP INC	QRTRLY 7.000% 05/01/2014 383,276		326,705		355,968
	CIT GROUP INC	QRTRLY 7.000% 05/01/2015 268,276		214,029		240,107
	CIT GROUP INC	QRTRLY 7.000% 05/01/2016 447,128		345,599		393,473

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	CIT GROUP INC	QRTRLY 7.000% 05/01/2017 625,980		472,521		543,038
	CITIBANK	QRTRLY FLTNG 09/30/2010 10,000,000		10,000,000		9,998,720
	CITIBANK CREDIT CARD ISSUANCE TR	QRTRLY FLTNG 03/22/2012 5,814,000		5,806,109		5,809,848
	CITIBANK CREDIT CARD ISSUANCE TR	SEMI-ANN. 4.750% 10/22/2012 5,000,000		5,163,672		5,151,842
	CITIBANK CREDIT CARD ISSUANCE TR	SEMI-ANN. 5.500% 06/22/2012 2,420,000		2,477,592		2,475,081
	CITIGROUP FDG INC	0.000% 03/15/2010 7,950,000		7,936,750		7,943,552
	CITIGROUP FDG INC	QRTRLY FLTNG 05/05/2011 4,000,000		4,000,220		3,997,540
	CITIGROUP FDG INC	QRTRLY FLTNG 05/07/2010 300,000		300,000		300,685
	CITIGROUP INC	SEMI-ANN. 5.000% 09/15/2014 250,000		168,750		241,006
	CITIGROUP INC	SEMI-ANN. 5.500% 02/15/2017 250,000		171,875		236,583
	CITIGROUP INC	SEMI-ANN. 5.875% 05/29/2037 220,000		190,128		193,861
	CITIGROUP INC	SEMI-ANN. 6.000% 08/15/2017 11,700,000		10,660,338		11,695,519
	CITIGROUP INC	SEMI-ANN. 6.125% 05/15/2018 1,200,000		1,195,740		1,206,490
	CITIGROUP INC	SEMI-ANN. 6.500% 08/19/2013 2,410,000		2,371,893		2,567,115
	CITIGROUP INC	SEMI-ANN. 6.875% 03/05/2038 1,370,000		1,352,039		1,367,285
	CLEAR CHANNEL COMM INC	SEMI-ANN. 5.500% 12/15/2016 500,000		418,438		277,500
	CLEAR CHANNEL COMM INC	SEMI-ANN. 5.750% 01/15/2013 1,000,000		896,250		792,500
	CLEARWIRE CORP	SEMI-ANN. 12.000% 12/01/2015 1,000,000		1,000,000		1,015,000
	CLEVELAND ELCTRC ILLUMNG CO	SEMI-ANN. 5.700% 04/01/2017 40,000		33,681		40,724
	CME GROUP INC	QRTRLY FLTNG 08/06/2010 7,600,000		7,638,261		7,630,347
	CNH EQUIP TR	MONTHLY 2.400% 05/15/2011 26,777		26,913		26,795
	CNH EQUIP TR	MONTHLY 4.060% 10/17/2011 170,691		172,485		172,135
	CNH EQUIP TR	MONTHLY 5.400% 10/17/2011 630,988		639,802		635,167
	CNH EQUIP TR	MONTHLY FLTNG 10/17/2011 1,022,015		1,022,574		1,022,092
	CNH EQUIP TR	MONTHLY 0.421% 12/03/2010 2,457,471		2,457,471		2,458,668
	COCA-COLA COMPANY	ZERO COUPON 01/15/2010 7,900,000		7,896,559		7,899,508
	CODELCO INC	SEMI-ANN. 4.750% 10/15/2014 223,000		208,082		238,765
	CODERE FINANCE	SEMI-ANN. 8.250% 06/15/2015 750,000		991,217		974,536
	COGNIS GMBH	SEMI-ANN. 05/15/2013 750,000		818,370		1,017,794
	COGNIS GMBH	SEMI-ANN. 9.500% 05/15/2014 875,000		1,026,818		1,308,761
	COLUMBIA HCA HEALTHCARE CORP	SEMI-ANN. 7.190% 11/15/2015 100,000		96,378		93,000
	COLUMBIA HCA HEALTHCARE CORP	SEMI-ANN. 7.750% 07/15/2036 707,000		656,962		629,230
	COMMERCIAL BARGE LINE CO	12.5% 07/15/2017 375,000		356,929		390,000
	COMMUNITY HEALTH SYSTEMS INC	SEMI-ANN. 8.875% 07/15/2015 1,250,000		1,209,533		1,293,750
	COMSTOCK RESOURCES INC	SEMI-ANN. 8.375% 10/15/2017 625,000		622,813		639,063
	CONNECTICUT RRB SPL PURP TST	QRTRLY 6.210% 12/30/2011 1,347,198		1,390,720		1,389,681
	CONOCO FUNDING CO	SEMI-ANN. 7.250% 10/15/2031 3,000		3,276		3,476
	CONOCOPHILLIPS	SEMI-ANN. 4.750% 10/15/2012 25,000		25,882		26,788
	CONSTELLATION BRANDS INC	SEMI-ANN. 7.250% 05/15/2017 750,000		700,000		760,313
	CONSTELLATION BRANDS INC	SEMI-ANN. 8.375% 12/15/2014 375,000		352,031		399,375
	CONTINENTAL RESOURCES INC	SEMI-ANN. 8.250% 10/01/2019 250,000		250,002		262,500
	CPG INTERNATIONAL I INC	SEMI-ANN. 10.500% 07/01/2013 779,000		794,360		736,155
	CPL TRANSITION FUNDING LLC	5.560% 01/15/2012 1,017,266		1,028,551		1,019,281
	CPM HLDGS INC	SEMI-ANN. 10.625% 09/01/2014 375,000		367,879		395,625
	CREDIT IND	0.68% 09/09/2010 2,500,000		2,500,000		2,500,000
	CREDIT SUISSE FB USA INC	4.125% 01/15/2010 2,500,000		2,504,700		2,502,208
	CREDIT SUISSE FB USA INC	4.875% 08/15/2010 1,400,000		1,453,890		1,437,971
	CREDIT SUISSE FB USA INC	QRTRLY FLTNG 03/02/2011 2,000,000		1,999,900		1,998,650
	CROWN AMERICAS LLC	SEMI-ANN. 7.625% 05/15/2017 250,000		242,730		259,375
	CROWN AMERICAS LLC	SEMI-ANN. 7.750% 11/15/2015 500,000		495,054		517,500
	CROWN CASTLE INT’L CORP	SEMI-ANN. 7.125% 11/01/2019 500,000		497,500		495,000
	CROWN CASTLE INT’L CORP	SEMI-ANN. 9.000% 01/15/2015 500,000		480,207		532,500
	CSC HOLDINGS INC	SEMI-ANN. 6.750% 04/15/2012 161,000		152,910		166,233
	CSC HOLDINGS INC	SEMI-ANN. 8.500% 04/15/2014 500,000		471,563		532,500

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	CSC HOLDINGS INC	SEMI-ANN. 8.500% 06/15/2015 750,000		648,125		798,750
	CSC HOLDINGS INC	SEMI-ANN. 8.625% 02/15/2019 500,000		485,000		538,125
	CVS CAREMARK CORPORATION	MONTHLY 5.880% 01/10/2028 210,379		203,019		196,818
	CVS CAREMARK CORP	6.036% 12/10/2028 841,757		619,255		796,588
	D.R. HORTON INC	SEMI-ANN. 4.875% 01/15/2010 500,000		481,250		500,000
	D.R. HORTON INC	SEMI-ANN. 5.625% 01/15/2016 250,000		206,875		233,750
	DAIMLER NORTH AMERICA CORP	SEMI-ANN. 7.300% 01/15/2012 656,000		619,942		713,165
	DAIMLERCHRYSLER AUTO TR	MONTHLY 4.940% 2,212		2,221		2,214
	DAIMLERCHRYSLER AUTO TR	MONTHLY 3.810% 06/08/2011 3,401,786		3,431,514		3,422,581
	DAIMLERCHRYSLER AUTO TR	MONTHLY 4.980% 02/08/2011 1,154,574		1,161,268		1,156,120
	DAVITA INC	SEMI-ANN. 6.625% 03/15/2013 125,000		121,719		125,313
	DAVITA INC	SEMI-ANN. 7.250% 03/15/2015 500,000		481,875		501,250
	DEAN FOODS CO	SEMI-ANN. 7.000% 06/01/2016 500,000		491,562		490,000
	DEERE JOHN CAP CORP	QRTRLY FLTNG 01/18/2011 2,550,000		2,552,554		2,565,519
	DEERE JOHN CAP CORP	QRTRLY FLTNG 02/26/2010 900,000		897,201		900,611
	DEERE JOHN CAP CORP	QRTRLY FLTNG 08/19/2010 1,000,000		1,003,500		1,002,574
	DELL INC	ZERO COUPON 02/09/2010 7,950,000		7,948,364		7,948,880
	DETROIT EDISON CO	SEMI-ANN. 6.125% 10/01/2010 153,000		155,827		158,985
	DEUTSCHE BANK	0.000% 04/08/2010 7,900,000		7,888,418		7,893,827
	DEUTSCHE BANK AG LONDON	SEMI-ANN. 5.000% 10/12/2010 750,000		775,950		777,051
	DEUTSCHE TELE	SEMI-ANN. 5.250% 07/22/2013 3,000		2,994		3,185
	DEX MEDIA INC	SEMI-ANN. ZERO CPN 11/15/2013 250,000		225,353		63,125
	DEXIA CREDIT LOCAL NY NTEED	0.950% 05/12/2010 4,500,000		4,500,201		4,500,162
	DIGICEL GROUP LTD	SEMI-ANN. 8.875% 01/15/2015 875,000		745,625		848,750
	DIGICEL GROUP LTD	SEMI-ANN. FLTNG 01/15/2015 250,000		240,959		246,250
	DIRECTV HLDGS	SEMI-ANN. 7.625% 05/15/2016 2,000,000		1,910,052		2,185,000
	DISCOVER CARD	MONTHLY FLTNG 07/15/2012 1,800,000		1,799,719		1,800,114
	DISCOVER CARD	MONTHLY FLTNG 09/15/2012 6,100,000		6,094,996		6,097,500
	DISH DBS CORP	7.875% 09/01/2019 250,000		254,375		262,188
	DISNEY WALT CO	QRTRLY FLTNG 07/16/2010 2,000,000		1,980,000		2,001,114
	DJO FINANCE LLC	SEMI-ANN. 10.875% 11/15/2014 750,000		728,978		791,250
	DNB NOR BNK AS NEW YRK	0.650% 10/13/2010 7,050,000		7,050,708		7,050,554
	DOLE FOOD CO INC	SEMI-ANN. 13.875% 03/15/2014 325,000		303,875		390,813
	DOMTAR CORPORATION	SEMI-ANN. 10.750% 06/01/2017 500,000		483,750		587,500
	DOUGLAS DYNAMICS LLC	SEMI-ANN. 7.750% 01/15/2012 250,000		235,937		235,000
	DR HORTON INC	SEMI-ANN. 5.375% 06/15/2012 250,000		214,375		252,500
	DRESSER RAND GROUP	SEMI-ANN. FLTNG 11/01/2014 750,000		726,250		742,500
	DUKE ENERGY CORP	SEMI-ANN. 5.625% 11/30/2012 1,329,000		1,364,688		1,450,881
	DYNEGY HLDGS INC	SEMI-ANN. 7.750% 06/01/2019 625,000		614,596		542,188
	DYNEGY HLDGS INC	SEMI-ANN. 8.375% 05/01/2016 500,000		510,057		475,000
	E TRADE FINANCIAL CORP	SEMI-ANN. 7.375% 09/15/2013 375,000		358,125		349,219
	ECHOSTAR DBS CORP	SEMI-ANN. 6.625% 10/01/2014 500,000		491,250		504,375
	ECHOSTAR DBS CORP	SEMI-ANN. 7.000% 10/01/2013 500,000		493,888		514,375
	ECHOSTAR DBS CORP	SEMI-ANN. 7.125% 02/01/2016 250,000		181,250		255,313
	ECHOSTAR DBS CORP	SEMI-ANN. 7.750% 05/31/2015 500,000		506,583		523,750
	EDCON HOLDINGS	QRTRLY FLTNG 06/15/2014 500,000		642,854		459,120
	EDISON MISSION ENERGY	SEMI-ANN. 7.000% 05/15/2017 500,000		501,179		395,000
	EDISON MISSION ENERGY	SEMI-ANN. 7.200% 05/15/2019 500,000		501,786		378,750
	EDISON MISSION ENERGY	SEMI-ANN. 7.750% 06/15/2016 500,000		459,760		425,000
	EL PASO CORP	SEMI-ANN. 7.000% 06/15/2017 1,000,000		840,000		991,792
	EL PASO CORP	SEMI-ANN. 7.750% 01/15/2032 405,000		302,043		382,973
	EL PASO CORP	SEMI-ANN. 7.800% 08/01/2031 1,697,000		1,468,595		1,597,612
	EL PASO NATURAL GAS	SEMI-ANN. 7.500% 11/15/2026 74,000		72,488		81,175
	EL PASO NATURAL GAS	SEMI-ANN. 8.375% 06/15/2032 70,000		62,621		83,131

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	EL PASO NATURAL GAS	SEMI-ANN. 8.625% 01/15/2022 204,000		220,548		238,046
	ELAN FINANCE CORP	SEMI-ANN. 8.875% 12/01/2013 250,000		251,193		248,750
	EMBARQ CORPORATION	SEMI-ANN. 7.082% 06/01/2016 1,000,000		920,000		1,104,578
	EMERSON ELECTRIC CO	SEMI-ANN. 7.125% 08/15/2010 2,560,000		2,715,495		2,671,101
	ENCORE ACQUISITION CO	SEMI-ANN. 6.000% 07/15/2015 750,000		675,000		750,000
	ENCORE ACQUISITION CO	SEMI-ANN. 9.500% 05/01/2016 375,000		345,855		395,625
	EQUISTAR CHEMICALS	SEMI-ANN. 7.55% 02/15/2026 409,000		398,305		290,390
	ESSAR STEEL ALGOMA INC	SEMI-ANN. 9.375% 03/15/2015 625,000		615,711		616,406
	ESTERLINE TECHNOLOGIES CORP	SEMI-ANN. 6.625% 03/01/2017 500,000		500,000		487,500
	EUROPCAR GROUPE	QRTRLY FLTNG 05/15/2013 250,000		282,931		300,706
	EUROPCAR GROUPE	SEMI-ANN. 8.125% 05/15/2014 500,000		720,733		611,562
	EXCO RESOURCES INC	SEMI-ANN. 7.250% 01/15/2011 500,000		501,875		498,750
	EXPORTFINANS	SEMI-ANN. 5.500% 05/25/2016 1,053,000		1,087,951		1,134,491
	FCE BANK	ANNUAL 7.125% 01/16/2012 1,000,000		1,356,625		1,420,402
	FEDERATED RETAIL HOLDING	SEMI-ANN. 5.350% 03/15/2012 250,000		223,125		255,313
	FIRST DATA CORP	SEMI-ANN. 11.250% 03/31/2016 250,000		195,861		213,750
	FIRST DATA CORP	SEMI-ANN. 9.875% 09/24/2015 2,000,000		1,735,448		1,865,000
	FIRST DATA CORP	SEMI-ANN. FLTNG 09/24/2015 2,026,375		1,759,463		1,798,408
	FIRSTENERGY CORP	SEMI-ANN. 6.450% 11/15/2011 4,000		3,978		4,289
	FIRSTENERGY CORP	SEMI-ANN. 7.375% 11/15/2031 1,108,000		1,057,529		1,200,963
	FISHER SCIENTIFIC INTERNATIONAL	SEMI-ANN. 6.125% 07/01/2015 413,000		398,029		425,906
	FOODCORP	SEMI-ANN. 8.875% 06/15/2012 500,000		563,622		698,544
	FORD CREDIT AUTO OWNER TRUST	MONTHLY 0.988% 06/15/2010 55,373		55,373		55,389
	FORD CREDIT AUTO OWNER TRUST	MONTHLY 2.100% 11/15/2011 1,160,000		1,167,950		1,167,270
	FORD CREDIT AUTO OWNER TRUST	MONTHLY 3.720% 01/15/2011 1,857,287		1,869,700		1,862,317
	FORD CREDIT AUTO OWNER TRUST	MONTHLY 5.400% 08/15/2011 2,195,620		2,233,872		2,227,766
	FORD CREDIT AUTO OWNER TRUST	MONTHLY 5.07% 12/15/2010 932,780		940,019		936,107
	FORD MOTOR CO	SEMI-ANN. 8.000% 12/15/2016 250,000		245,312		250,332
	FORD MOTOR CREDIT CO	SEMI-ANN. 12.000% 05/15/2015 500,000		406,250		579,814
	FORD MOTOR CREDIT CO	SEMI-ANN. 7.000% 10/01/2013 1,396,000		1,163,225		1,393,898
	FORD MOTOR CREDIT CO	SEMI-ANN. 7.250% 10/25/2011 2,103,000		1,820,992		2,123,803
	FORD MOTOR CREDIT CO	SEMI-ANN. 7.375% 02/01/2011 250,000		188,750		255,097
	FORD MOTOR CREDIT CO	SEMI-ANN. 7.875% 06/15/2010 250,000		207,500		253,777
	FORD MOTOR CREDIT CO	SEMI-ANN. 9.875% 08/10/2011 375,000		378,437		392,633
	FOREST OIL CORP	SEMI-ANN. 8.500% 02/15/2014 375,000		360,931		391,875
	FREEDOM GROUP INC	SEMI-ANN. 10.250% 08/01/2015 375,000		377,379		397,969
	FREEPORT-MCMORAN CPPR & GOLD INC	SEMI-ANN. 8.250% 04/01/2015 750,000		615,625		817,500
	FREEPORT-MCMORAN CPPR & GOLD INC	SEMI-ANN. FLTNG 04/01/2015 250,000		241,563		248,595
	FREESCALE SEMICONDUCTOR INC	SEMI-ANN. FLTNG 12/15/2014 1,101,193		1,094,467		973,179
	FRESENIUS US FINANCE II INC	SEMI-ANN. 9.000% 07/15/2015 750,000		746,250		825,000
	FRONTIER COMMUNICATIONS CORP	SEMI-ANN. 6.250% 01/15/2013 250,000		226,250		250,625
	FRONTIER COMMUNICATIONS CORP	SEMI-ANN. 6.625% 03/15/2015 750,000		537,500		729,375
	FS FUNDING	SEMI-ANN. 8.875% 05/15/2016 750,000		682,278		1,040,445
	GALAXY ENTERTAINMENT	SEMI-ANN. 9.875% 12/15/2012 800,000		832,000		800,000
	GATX FINL CORP	SEMI-ANN. 5.800% 03/01/2016 1,000,000		996,290		963,743
	GCI INC	SEMI-ANN. 8.625% 11/15/2019 375,000		373,550		378,281
	GE CAPITAL CREDIT CARD	MONTHLY FLTNG 03/15/2013 7,951,000		7,938,756		7,939,125
	GENERAL ELECTRIC CAPITAL CORP	0.000% 04/13/2010 7,900,000		7,893,641		7,894,852
	GENERAL ELECTRIC CAPITAL CORP	QRTRLY FLTNG 01/26/2011 2,300,000		2,275,981		2,291,368
	GENERAL ELECTRIC CAPITAL CORP	QRTRLY FLTNG 03/11/2011 4,000,000		4,008,012		4,009,164
	GENERAL ELECTRIC CAPITAL CORP	QRTRLY FLTNG 03/20/2013 1,100,000		1,028,753		1,038,356
	GENERAL ELECTRIC CAPITAL CORP	QRTRLY FLTNG 06/20/2014 4,300,000		3,877,138		3,894,295
	GENERAL ELECTRIC CAPITAL CORP	QRTRLY FLTNG 08/20/2010 2,284,000		2,279,530		2,283,482
	GENERAL ELECTRIC CAPITAL CORP	SEMI-ANN. 5.450% 01/15/2013 42,000		42,465		44,650

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	GENERAL ELECTRIC CAPITAL CORP	SEMI-ANN. FLTNG 11/15/2067 60,000		39,546		52,050
	GENERAL ELECTRIC CO	SEMI-ANN. 5.000% 02/01/2013 225,000		227,853		238,041
	GENERAL MOTORS	8.375% 07/15/2033 750,000		680,435		202,500
	GENERAL MOTORS	ANNUAL 6.000% 05/23/2012 125,000		121,973		169,256
	GENERAL NUTRITION CENTER	SEMI-ANN. FLTNG 03/15/2014 625,000		570,312		582,813
	GEO GROUP INC	SEMI-ANN. 7.750% 10/15/2017 375,000		369,551		383,906
	GEORGIA PACIFIC CORP	SEMI-ANN. 7.000% 01/15/2015 750,000		725,937		759,375
	GEORGIA PACIFIC CORP	SEMI-ANN. 7.125% 01/15/2017 250,000		250,000		253,125
	GEORGIA PACIFIC CORP	SEMI-ANN. 7.750% 11/15/2029 525,000		480,375		518,438
	GEORGIA PACIFIC CORP	SEMI-ANN. 8.000% 01/15/2024 500,000		472,500		510,000
	GEORGIA PACIFIC CORP	SEMI-ANN. 8.250% 05/01/2016 500,000		489,375		530,000
	GEORGIA POWER COMPANY	QRTRLY FLTNG 03/17/2010 5,000,000		5,034,400		5,006,805
	GERRESHEIMER HLDGS GMBH	SEMI-ANN. 7.875% 03/01/2015 300,000		392,540		434,729
	GLAXOSMITHKLINE CAPITAL INC	QRTRLY FLTNG 05/13/2010 7,000,000		6,949,954		7,015,764
	GLITNIR BANKI HF	6.33% 07/28/2011 590,000		39,825		123,900
	GLITNIR BANKI HF	6.375% 09/25/2012 680,000		45,900		142,800
	GLITNIR BANKI HF	6.693% 06/15/2016 1,060,000		106		106
	GMAC INC	ANNUAL 5.375% 06/06/2011 331,000		317,670		318,587
	GMAC INC	SEMI-ANN. 6.875% 09/15/2011 1,500,000		1,372,803		1,477,500
	GMAC INC	SEMI-ANN. 8.000% 11/01/2031 2,421,000		1,506,671		2,178,900
	GMAC INC	SEMI-ANN. 8.000% 12/31/2018 65,000		24,587		57,200
	GMAC INTL	ANNUAL 5.750% 05/21/2010 500,000		739,429		712,461
	GMAC LLC	SEMI-ANN. 5.75% 9/27/2010 221,000		219,697		216,580
	GMAC LLC	SEMI-ANN. 6.625% 05/12/2012 250,000		203,210		245,000
	GMAC LLC	SEMI-ANN. 6.750% 12/01/2014 500,000		456,305		475,000
	GMAC LLC	SEMI-ANN. 6.875% 8/28/2012 250,000		210,000		245,000
	GMAC LLC	SEMI-ANN. 7.250% 03/02/2011 1,000,000		900,250		990,000
	GMAC LLC	SEMI-ANN. 7.500% 12/31/2013 308,000		190,315		297,220
	GOLDMAN SACHS GROUP INC	QRTRLY FLTNG 02/06/2012 3,150,000		2,663,325		3,126,501
	GOLDMAN SACHS GROUP INC	QRTRLY FLTNG 03/15/2011 4,000,000		4,008,056		4,007,984
	GOLDMAN SACHS GROUP INC	QRTRLY FLTNG 03/22/2016 8,300,000		5,722,850		7,643,810
	GOLDMAN SACHS GROUP INC	SEMI-ANN. 5.450% 11/01/2012 120,000		116,894		129,021
	GOLDMAN SACHS GROUP INC	SEMI-ANN. 5.625% 01/15/2017 910,000		776,207		929,438
	GOLDMAN SACHS GROUP LP	SEMI-ANN. 4.500% 06/15/2010 286,000		284,199		291,155
	GOODYEAR TIRE & RUBBER CO	SEMI-ANN. 10.500% 05/15/2016 250,000		247,812		276,250
	GOODYEAR TIRE & RUBBER CO	SEMI-ANN. 8.625% 12/01/2011 750,000		639,375		778,125
	GRAHAM PACKAGING CO	SEMI-ANN. 9.875% 10/15/2014 1,250,000		1,255,625		1,275,000
	GRAPHIC PACKAGING INTL INC	SEMI-ANN. 9.500% 06/15/2017 375,000		385,857		397,500
	GRAPHIC PACKAGING INTL INC	SEMI-ANN. 9.500% 08/15/2013 750,000		770,156		774,375
	GREAT LAKES DREDGE & DOCKS CORP	SEMI-ANN. 7.750% 12/15/2013 351,000		331,150		349,245
	GROHE HOLDINGS	QRTRLY FLTNG 01/15/2014 500,000		526,665		609,482
	GROHE HOLDINGS	SEMI-ANN. 8.625% 10/01/2014 1,250,000		1,549,941		1,572,486
	GS AUTO LN TR 2007	MONTHLY 5.390% 12/15/2011 6,210,481		6,326,947		6,297,857
	HARLEY-DAVIDSON MTR TR	MONTHLY 5.220% 03/15/2012 1,251,389		1,264,511		1,259,268
	HARRAHS OPER ESCROW LLC	SEMI-ANN. 11.250% 06/01/2017 500,000		516,250		523,125
	HARRAHS OPERATING CO INC	10.0% 12/15/2018 261,000		457,294		209,452
	HARRAHS OPERATING CO INC	SEMI-ANN. 10.000% 12/15/2018 395,000		475,956		316,987
	HBOS	SEMI-ANN. 6.750% 05/21/2018 800,000		796,672		742,325
	HBOS TREASURY SERVICES	SEMI-ANN. 5.250% 02/21/2017 210,000		203,373		208,247
	HCA INC	SEMI-ANN. 6.250% 02/15/2013 500,000		439,687		486,250
	HCA INC	SEMI-ANN. 6.300% 10/01/2012 250,000		201,250		250,000
	HCA INC	SEMI-ANN. 6.375% 01/15/2015 750,000		636,250		707,812
	HCA INC	SEMI-ANN. 7.875% 02/15/2020 1,000,000		1,003,437		1,041,250
	HCA INC	SEMI-ANN. 9.125% 11/15/2014 1,000,000		933,125		1,055,000

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	HCA INC	SEMI-ANN. 9.250% 11/15/2016 1,010,000		994,527		1,084,488
	HCA INC	SEMI-ANN. FLTNG 11/15/2016 2,013,000		1,877,037		2,179,073
	HCA-HEALTHCARE CO	SEMI-ANN. 8.750% 11/01/2010 125,000		170,614		205,389
	HELIX ENERGY SOLUTIONS GROUP INC	9.5% 01/15/2016 250,000		250,000		256,250
	HELLAS TELECOM	QRTRLY FLTNG 10/15/2012 500,000		637,166		599,295
	HERTZ CORP	SEMI-ANN. 10.500% 01/01/2016 500,000		531,878		533,750
	HERTZ CORP	SEMI-ANN. 8.875% 01/01/2014 750,000		770,881		766,875
	HEWLETT-PACKARD CO	QRTRLY FLTNG 06/15/2010 2,000,000		1,980,000		2,000,974
	HEXION US FIN CORP	SEMI-ANN. 9.750% 11/15/2014 375,000		384,472		367,500
	HOME EQUITY MORTGAGE	MONTHLY FLTNG 04/25/2037 1,500,000		332,001		638,202
	HONDA AUT0 RECEIVABLES	MONTHLY 0.754% 07/15/2010 1,768,511		1,768,511		1,769,671
	HONDA AUT0 RECEIVABLES	MONTHLY 1.317% 05/15/2010 86,325		86,395		86,360
	HONDA AUT0 RECEIVABLES	MONTHLY 1.500% 08/15/2011 300,000		301,401		301,477
	HONDA AUT0 RECEIVABLES	MONTHLY 2.220% 08/15/2011 845,000		851,423		850,736
	HONDA AUT0 RECEIVABLES	MONTHLY 5.100% 03/18/2011 3,516,429		3,551,972		3,542,055
	HONDA AUT0 RECEIVABLES	MONTHLY 5.460% 05/23/2011 88,819		89,909		89,780
	HONEYWELL INTERNATIONAL INC	SEMI-ANN. 7.500% 03/01/2010 2,600,000		2,749,110		2,631,278
	HOST MARRIOTT LP	SEMI-ANN. 6.750% 06/01/2016 500,000		440,000		497,500
	HOST MARRIOTT LP	SEMI-ANN. 7.000% 08/15/2012 689,000		680,771		700,196
	HOUSEHOLD FINANCE CORP	7.0% 05/15/2012 757,000		793,671		823,132
	HSBC AMERICAS INC.	ZERO COUPON 1/4/2010 7,950,000		7,945,641		7,949,861
	HSBC CAPITAL FUNDING	SEMI-ANN. FLTNG 12/31/2049 293,000		153,753		250,101
	HSBC FINANCE CORP	6.75% 05/15/2011 279,000		288,756		294,869
	HSBC FINANCE CORP	1,3% 02/01/2010 2,700,000		2,685,233		2,697,457
	HUB INTL HOLDINGS	SEMI-ANN. 9.000% 12/15/2014 625,000		594,687		596,875
	HUNTINGTON AUTO TRUST	MONTHLY 1.989% 4/15/2010 52,677		52,677		52,713
	HUNTINGTON AUTO TRUST	MONTHLY 3.480% 07/15/2011 7,115,000		7,205,863		7,159,102
	HUNTSMAN LLC	MONTHLY 6.825% 11/15/2013 375,000		439,756		502,683
	HYUNDAI AUTO RECEIVABLES TRUST	MONTHLY 1.110% 02/15/2012 805,000		806,401		806,923
	HYUNDAI AUTO RECEIVABLES TRUST	MONTHLY 4.160% 05/15/2011 3,208,144		3,243,638		3,231,777
	HYUNDAI AUTO RECEIVABLES TRUST	MONTHLY 5.110% 04/15/2011 2,616,399		2,639,330		2,629,858
	IMPRESS METAL PACKAGING HLDGS	QRTRLY FLTNG 09/15/2013 250,000		312,556		342,780
	IMPRESS METAL PACKAGING HLDGS	SEMI-ANN. 9.250% 09/15/2014 750,000		938,822		1,127,175
	INGLES MARKET INC	SEMI-ANN. 8.875% 05/15/2017 250,000		241,690		260,000
	INMARSAT FINANCE PLC	SEMI-ANN. 7.375% 12/01/2017 250,000		248,140		255,625
	INTELSAT BERMUDA	SEMI-ANN. 11.250% 06/15/2016 500,000		507,771		541,250
	INTELSAT BERMUDA	SEMI-ANN. FLTNG 02/04/2017 1,648,437		1,400,937		1,619,589
	INTELSAT INTERMEDIATE HLDG CO	SEMI-ANN. FLTNG 02/01/2015 750,000		636,374		770,625
	INTELSAT JACKSON HLDGS LTD	SEMI-ANN. 9.500% 06/15/2016 375,000		342,778		401,250
	INTELSAT LTD	SEMI-ANN. 7.625% 04/15/2012 750,000		692,500		742,500
	INTELSAT SUBSIDIAR	SEMI-ANN. 8.500% 01/15/2013 750,000		702,128		765,000
	INTELSAT SUBSIDIAR	SEMI-ANN. 8.875% 01/15/2015 750,000		734,301		776,250
	INVERNESS MED INNOVATIONS INC	SEMI-ANN. 9.000% 05/15/2016 375,000		363,100		384,375
	INVISTA	SEMI-ANN. 9.250% 05/01/2012 500,000		525,000		507,500
	JARDEN CORP	SEMI-ANN. 7.500% 05/01/2017 500,000		500,000		498,750
	JARDEN CORP	SEMI-ANN. 8.000% 05/01/2016 250,000		243,437		258,125
	JBS USA LLC	SEMI-ANN. 11.625% 05/01/2014 500,000		480,000		557,500
	JEFFERSON SMURFIT CORP	SEMI-ANN 8.25% 10/01/2012 500,000		483,027		440,000
	JOHN DEERE OWNER TRUST	MONTHLY 0.344% 11/02/2010 2,389,956		2,389,956		2,390,772
	JOHN DEERE OWNER TRUST	MONTHLY 1.131% 07/02/2010 1,528,221		1,528,221		1,530,632
	JOHNSON & JOHNSON	0.000% 06/01/2010 7,950,000		7,942,805		7,943,998
	JOHNSONDIVERSEY INC	SEMI-ANN. 8.250% 11/15/2019 250,000		251,562		253,125
	JOSTENS IH CORP	SEMI-ANN. 7.625% 10/01/2012 500,000		471,250		502,500
	JSG FUNDING	SEMI-ANN. 7.750% 04/01/2015 625,000		592,010		766,238

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	KABEL DEUTSCHLAND GMBH	SEMI-ANN. 10.625% 07/01/2014 500,000		554,375		522,500
	KERR MCGEE CORP	SEMI-ANN. 6.950% 07/01/2024 570,000		494,542		617,303
	KEY ENERGY SERVICES INC	SEMI-ANN. 8.375% 12/01/2014 500,000		502,207		501,250
	KRATON POLYMERS LLC/CAP CORP	SEMI-ANN. 8.125% 01/15/2014 500,000		348,125		450,000
	L-3 COMMUNICATIONS CORP	SEMI-ANN. 6.125% 01/15/2014 500,000		440,000		503,125
	L-3 COMMUNICATIONS CORP	SEMI-ANN. 6.375% 10/15/2015 1,000,000		970,000		1,003,750
	LAMAR MEDIA CORP	SEMI-ANN. 6.625% 08/15/2015 750,000		643,125		720,000
	LECTA SA FRN	QRTRLY FLTNG 02/15/2014 500,000		423,669		583,477
	LEGRAND PROMESSE	SEMI-ANN. 8.500% 02/15/2025 250,000		288,750		261,238
	LEHMAN BROS HLDGS INC	5.25% 02/06/2012 210,000		26,775		40,950
	LEHMAN BROS HLDGS INC	6.20% 09/26/2014 340,000		43,350		66,300
	LEHMAN BROS HLDGS INC	6.5% 07/19/2017 190,000		19		57
	LEHMAN BROS HLDGS INC	6.75 12/28/2017 1,890,000		189		567
	LEHMAN BROS HLDGS INC	6.875% 05/02/2018 300,000		299,007		62,250
	LEVEL 3 FINANCING INC	SEMI-ANN. 9.250% 11/01/2014 500,000		512,448		472,500
	LIN TELEVISION CORP	SEMI-ANN. 6.500% 05/15/2013 500,000		461,875		475,000
	LLOYDS TSB BANK PLC	SEMI-ANN. 2.300% 04/01/2011 2,000,000		2,036,840		2,027,466
	LOCAL TV FIN LLC	SEMI-ANN. FLTNG 06/15/2015 275,625		275,123		118,519
	LUCENT TECHNOLOGIES	SEMI-ANN. 6.450% 03/15/2029 750,000		637,500		537,187
	MACY’S INC	SEMI-ANN. 5.900% 12/01/2016 500,000		396,770		487,500
	MASSACHUSETTS RRB	SEMI-ANN. 7.030% 03/15/2012 1,614,271		1,647,896		1,636,055
	MASSEY ENERGY CO	SEMI-ANN. 6.875% 12/15/2013 500,000		486,250		499,375
	MECACHROME INTL INC	9.0% 05/15/2014 250,000		317,403		32,282
	MELLON FINANCIAL CO	SEMI-ANN. 6.375% 02/15/2010 750,000		779,460		753,853
	MERITAGE HOMES CORP	SEMI-ANN. 6.250% 03/15/2015 500,000		310,000		460,000
	MERRILL LYNCH & CO	SEMI-ANN. 4.25% 02/08/2010 2,200,000		2,228,600		2,207,069
	METROPOLITAN LIFE GLOBAL FDG	SEMI-ANN. 4.50% 05/05/2010 1,500,000		1,523,730		1,513,398
	METROPOLITAN LIFE GLOBAL FDG	QTRLY FLTNG 09/17/2010 7,500,000		7,515,258		7,505,977
	MGM MIRAGE INC	SEMI-ANN. 13.000% 11/15/2013 250,000		234,613		286,875
	MGM MIRAGE INC	SEMI-ANN. 6.750% 04/01/2013 750,000		703,750		646,875
	MGM MIRAGE INC	SEMI-ANN. 6.750% 09/01/2012 750,000		702,705		669,375
	MGM MIRAGE INC	SEMI-ANN. 7.500% 06/01/2016 500,000		502,709		390,000
	MGM MIRAGE INC	SEMI-ANN. 8.500% 09/15/2010 555,000		577,519		552,225
	MICHAELS STORES INC	SEMI-ANN. 10.000% 11/01/2014 250,000		256,148		258,750
	MICHAELS STORES INC	SEMI-ANN. 11.375% 11/01/2016 625,000		654,437		657,812
	MICROSOFT CORPORATION	0.14% 01/12/2010 7,950,000		7,946,986		7,949,684
	MIRAGE RESORTS INC	SEMI-ANN. 8.375% 02/01/2011 290,000		297,250		274,775
	MIRANT AMERICAS GENERATION LLC	SEMI-ANN. 8.300% 05/01/2011 500,000		516,875		512,500
	MIRANT NORTH AMERICA LLC	SEMI-ANN. 7.375% 12/31/2013 625,000		608,756		617,969
	MOBILE MINI	SEMI-ANN. 6.875% 05/01/2015 500,000		497,855		472,500
	MOHEGAN TRIBAL GAMING	SEMI-ANN. 7.125% 08/15/2014 461,000		446,017		314,056
	MOHEGAN TRIBAL GAMING	SEMI-ANN. 8.000% 04/01/2012 70,000		71,137		59,587
	MOMENTIVE PERF MATERIALS INC	SEMI-ANN. 10.125% 12/01/2014 0,976		912		917
	MOMENTIVE PERF MATERIALS INC	SEMI-ANN. 11.500% 12/01/2016 259,000		256,141		229,215
	MOMENTIVE PERF MATERIALS INC	SEMI-ANN. 12.500% 06/15/2014 395,000		679,770		434,500
	MOMENTIVE PERF MATERIALS INC	SEMI-ANN. FLTNG 12/01/2014 572,000		572,000		550,550
	MORGAN STANLEY	QRTRLY FLTNG 10/15/2015 649,000		506,220		608,617
	MORGAN STANLEY	SEMI-ANN. 5.625% 01/09/2012 1,080,000		1,025,607		1,139,748
	MUELLER WATER PRODUCTS INC	SEMI-ANN. 7.375% 06/01/2017 625,000		527,975		578,125
	NALCO CO	SEMI-ANN. 8.250% 05/15/2017 250,000		244,657		265,625
	NALCO CO	SEMI-ANN. 8.875% 11/15/2013 500,000		450,625		515,000
	NALCO CO	SEMI-ANN. 9.000% 11/15/2013 375,000		375,756		551,482
	NATIONAL BEEF PACKING CO LLC	10.5% 08/01/2011 104,000		107,640		104,260
	NATIONAL CITY BANK	QRTRLY FLTNG 06/10/2010 1,000,000		930,000		998,669

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	NATIONAL CITY BANK	SEMI-ANN. 4,000,000		4,056,800		4,007,340
	NATIONAL CITY BANK	SEMI-ANN. 4.500% 03/15/2010 250,000		254,375		251,533
	NATIONAL MONEY MART CO	SEMI-ANN. 10.375% 12/15/2016 625,000		621,237		639,062
	NAVISTAR INTERNATIONAL CORP	SEMI-ANN. 8.250% 11/01/2021 500,000		493,750		512,500
	NEIMAN-MARCUS GROUP INC	SEMI-ANN. 10.375% 10/15/2015 1,000,000		1,082,812		980,000
	NELL AF	8.375% 08/15/2015 250,000		243,797		47,500
	NESTLE CAP CORP	ZERO COUPON 2/17/2010 4,450,000		4,449,382		4,449,419
	NEW YORK LIFE GLOBAL FDG	QTRLY FLTNG 06/16/2011 11,500,000		11,500,000		11,438,095
	NEWFIELD EXPLORATION CO	SEMI-ANN. 6.625% 04/15/2016 500,000		477,500		501,250
	NEWFIELD EXPLORATION CO	SEMI-ANN. 7.125% 05/15/2018 500,000		439,062		505,000
	NEWFIELD EXPLORATION CO	SEMI-ANN. 7.6125% 03/01/2018 28,000		28,350		28,910
	NEWPAGE CORP	SEMI-ANN. 10.000% 05/01/2012 250,000		270,781		178,750
	NEWPAGE CORP	SEMI-ANN. 11.375% 12/31/2014 250,000		234,990		252,500
	NEXANS	ANNUAL 5.750% 05/02/2017 250,000		283,165		329,526
	NEXTEL COMMUNICATIONS INC	SEMI-ANN. 6.875% 10/31/2013 750,000		438,344		727,500
	NEXTEL COMMUNICATIONS INC	SEMI-ANN. 7.375% 08/01/2015 375,000		254,375		364,687
	NIELSEN FINANCE LLC	SEMI-ANN. 10.000% 08/01/2014 1,000,000		992,428		1,042,500
	NIELSEN FINANCE LLC	SEMI-ANN. FLTNG 08/01/2016 1,500,000		903,110		1,368,750
	NISOURCE FINANCE CORP	SEMI-ANN. 5.450% 09/15/2020 500,000		295,000		484,850
	NISOURCE FINANCE CORP	SEMI-ANN. 6.400% 03/15/2018 250,000		191,250		259,841
	NISOURCE FINANCE CORP	SEMI-ANN. 6.800% 01/15/2019 500,000		380,937		534,723
	NISSAN AUTO LEASE TRUST	MONTHLY 1.220% 09/15/2011 120,000		120,230		120,170
	NISSAN AUTO LEASE TRUST	MONTHLY 2.010% 04/15/2011 2,836,000		2,853,505		2,853,056
	NISSAN AUTO LEASE TRUST	MONTHLY FLTNG 12/15/2010 297,746		297,897		298,154
	NISSAN AUTO RECEIVABLES OWNER TR	MONTHLY 2.940% 07/15/2011 605,000		611,636		610,487
	NISSAN AUTO RECEIVABLES OWNER TR	MONTHLY 3.8% 10/15/2010 688,374		692,550		689,249
	NISSAN AUTO RECEIVABLES OWNER TR	MONTHLY 3.890% 08/15/2011 1,484,278		1,503,354		1,501,820
	NISSAN AUTO RECEIVABLES OWNER TR	MONTHLY 3.920% 04/15/2014 162,748		164,992		164,090
	NISSAN AUTO RECEIVABLES OWNER TR	MONTHLY 5.030% 05/16/2011 1,757,477		1,786,501		1,775,702
	NORANDA ALUM ACQUISITION CORP	SEMI-ANN. FLTNG 05/15/2015 309,243		258,018		240,050
	NORDEA BANK FLD PLC	1.75% 03/26/2010 4,000,000		4,000,000		4,000,000
	NORDIC TELEPHONE COMPANY HLDG	QRTRLY FLTNG 05/01/2016 250,000		280,276		358,472
	NORDIC TELEPHONE COMPANY HLDG	SEMI-ANN. 8.250% 05/01/2016 500,000		559,183		773,438
	NORDIC TELEPHONE COMPANY HLDG	SEMI-ANN. 8.875% 05/01/2016 1,250,000		1,310,938		1,321,875
	NORTEK INC	SEMI-ANN. 8.5% 09/01/2014 1,250,000		1,231,757		962,500
	NPC INTL INC	SEMI-ANN. 9.500% 05/01/2014 250,000		246,250		247,500
	NRG ENERGY INC	SEMI-ANN. 7.250% 02/01/2014 1,000,000		920,150		1,012,500
	NRG ENERGY INC	SEMI-ANN. 7.375% 02/01/2016 1,000,000		964,526		1,001,250
	NTK HLDGS INC	SEMI-ANN. 10.75% 03/01/2014 375,000		315,670		14,625
	NXP BV	SEMI-ANN. 7.875% 10/15/2014 250,000		250,000		226,875
	NXP BV	SEMI-ANN. 9.500% 10/15/2015 500,000		505,878		427,500
	OPTI CANADA INC	SEMI-ANN. 7.875% 12/15/2014 500,000		500,000		410,000
	ORACLE CORP	QRTRLY FLTNG 05/14/2010 4,802,000		4,776,627		4,803,964
	ORASCOM TELECOM FINANCE	SEMI-ANN. 7.875% 02/08/2014 750,000		741,797		678,750
	OSI RESTAURANT PARTNERS INC	SEMI-ANN. 10.000% 06/15/2015 500,000		486,720		441,250
	OWENS CORNING INC	SEMI-ANN. 6.500% 12/01/2016 500,000		434,062		512,036
	OWENS-BROCKWAY GLASS	SEMI-ANN. 6.750% 12/01/2014 250,000		339,372		355,101
	OWENS-BROCKWAY GLASS	SEMI-ANN. 8.250% 05/15/2013 296,000		296,740		304,140
	PANOLAM INDUSTRIES INTL	10.75% 10/01/2013 451,000		442,984		145,447
	PARK PLACE ENTERTAINMENT	7.875% 03/15/2010 250,000		236,250		248,750
	PARKER DRILLING CO	SEMI-ANN. 9.625% 10/01/2013 877,000		951,545		901,117
	PEABODY ENERGY CORP	SEMI-ANN. 7.375% 11/01/2016 750,000		758,375		773,437
	PECO ENERGY TRANSITION TR	SEMI-ANN. 6.520% 12/31/2010 7,492,000		7,773,943		7,678,989
	PEERMONT GLOBAL	SEMI-ANN. 7.750% 04/30/2014 1,000,000		1,346,894		1,267,960

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	PEMEX PROJECT FUNDING MASTER TR	SEMI-ANN. 6.625% 06/15/2035 115,000		96,254		109,497
	PENINSULA GAMING LLC	SEMI-ANN. 8.375% 08/15/2015 375,000		366,379		374,062
	PETROPLUS FINANCE LTD	SEMI-ANN. 7.000% 05/01/2017 750,000		742,500		675,000
	PFIZER INC	QRTRLY FLTNG 03/15/2011 1,455,000		1,496,284		1,488,603
	PG&E ENERGY	QRTRLY 4.140% 09/25/2012 5,528,407		5,625,161		5,616,200
	PHILLIPS PETROLEUM	SEMI-ANN. 8.750% 05/25/2010 3,128,000		3,364,427		3,232,219
	PINNACLE ENTERTAINMENT INC	SEMI-ANN. 7.500% 06/15/2015 875,000		760,452		805,000
	PINNACLE FOODS FINANCE LLC	SEMI-ANN. 10.625% 04/01/2017 500,000		376,250		520,000
	PINNACLE FOODS FINANCE LLC	SEMI-ANN. 9.250% 04/01/2015 1,375,000		1,279,746		1,395,625
	PIONEER NATURAL RESOURCES CO	SEMI-ANN. 6.650% 03/15/2017 1,000,000		846,250		986,267
	PLAINS EXPLORATION & PROD CO	SEMI-ANN. 7.625% 06/01/2018 500,000		500,000		511,250
	PLAINS EXPLORATION & PROD CO	SEMI-ANN. 7.750% 06/15/2015 500,000		488,750		508,750
	PLY GEM INDUSTRIES INC	SEMI-ANN. 11.750% 06/15/2013 625,000		448,437		625,000
	POLYPORE INC	SEMI-ANN. 8.750% 05/15/2012 1,250,000		1,454,842		1,541,281
	PRAXAIR INC	QRTRLY FLTNG 05/26/2010 2,100,000		2,100,000		2,101,537
	PREGIS CORP	SEMI-ANN. 12.375% 10/15/2013 500,000		531,261		484,375
	PRICOA GLOBAL	QRTRLY FLTNG 01/15/2010 1,200,000		1,200,311		1,199,940
	PRICOA GLOBAL	QRTRLY FLTNG 06/04/2010 5,500,000		5,517,473		5,502,904
	PRINCIPAL LIFE GLOBAL	SEMI-ANN. 4.400% 10/01/2010 1,700,000		1,739,848		1,734,530
	PRINCIPAL LIFE INCOME	QRTRLY FLTNG 11/15/2010 2,400,000		2,333,456		2,388,379
	PRINCIPAL LIFE INCOME	QRTRLY FLTNG 09/17/2010 2,200,000		2,201,643		2,197,879
	PRIVATE EXP FUNDING	0.000% 03/10/2010 7,950,000		7,947,151		7,947,748
	PROGRESS ENERGY INC	SEMI-ANN. 7.100% 03/01/2011 226,000		232,107		239,204
	PTS ACQUISITION	SEMI-ANN. 9.750% 04/15/2017 500,000		542,562		520,097
	PULTE HOMES INC	SEMI-ANN. 5.200% 02/15/2015 250,000		209,375		233,125
	QUEBECOR MEDIA INC	SEMI-ANN. 7.750% 03/15/2016 875,000		856,613		872,812
	QUICKSILVER RESOURCES INC	SEMI-ANN. 8.250% 08/01/2015 1,000,000		970,625		1,025,000
	QUIKSILVER INC	SEMI-ANN. 6.875% 04/15/2015 375,000		347,812		307,500
	QWEST CAPITAL FUNDING INC	SEMI-ANN. 7.900% 08/15/2010 250,000		215,000		255,000
	QWEST COMMUNICATIONS INTL INC	SEMI-ANN. 7.500% 02/15/2014 787,000		767,325		789,951
	QWEST COMMUNICATIONS INTL INC	SEMI-ANN. FLTNG 02/15/2011 781,000		757,570		784,905
	QWEST CORP	SEMI-ANN. FLTNG 03/15/2012 464,000		446,395		498,800
	R.H. DONNELLEY CORP	8.875% 01/15/2016 125,000		125,215		11,719
	RAAC TRUST	MONTHLY FLTNG 10/25/2046 1,411,215		812,910		771,145
	RABOBANK	0.750% 06/01/2010 4,450,000		4,450,000		4,450,000
	RABOBANK	SEMI-ANN. 2/19/2010 7,950,000		7,943,753		7,947,511
	RABOBANK	SEMI-ANN. FLTNG 12/31/2049 3,549,000		3,456,471		4,304,774
	RAILAMERICA INC	SEMI-ANN. 9.250% 07/01/2017 675,000		675,560		718,031
	RAINBOW NATL SRVCS LLC	10.375% 09/01/2014 348,000		385,410		367,140
	RANGE RESOURCES CORP	SEMI-ANN. 8.000% 05/15/2019 500,000		478,750		535,000
	RBS GLOBAL & REXNORD CORP	SEMI-ANN. 11.750% 08/01/2016 625,000		639,370		618,750
	RBS GLOBAL & REXNORD CORP	SEMI-ANN. 8.875% 09/01/2016 625,000		639,776		543,750
	RBS GLOBAL & REXNORD CORP	SEMI-ANN. 9.500% 08/01/2014 1,000,000		985,245		1,002,500
	REALOGY CORP	SEMI-ANN. 10.500% 04/15/2014 250,000		249,183		216,250
	REGENCY ENERGY PARTNERS LP	SEMI-ANN. 8.375% 12/15/2013 500,000		508,499		517,500
	REGENCY ENERGY PARTNERS LP	SEMI-ANN. 9.375% 06/01/2016 250,000		236,240		266,250
	RENTAL SERVICE CORP	SEMI-ANN. 9.500% 12/01/2014 1,000,000		1,031,032		1,001,250
	RH DONNELLEY INC	SEMI-ANN. 11.750% 05/15/2015 528,000		722,002		435,600
	RIDDELL BELL HLDGS	SEMI-ANN. 8.375% 10/01/2012 500,000		477,500		510,750
	RITE AID CORP	SEMI-ANN. 7.500% 03/01/2017 250,000		250,079		235,000
	RITE AID CORP	SEMI-ANN. 9.375% 12/15/2015 250,000		246,962		220,000
	RITE AID CORP	SEMI-ANN. 9.500% 06/15/2017 250,000		246,194		217,500
	RITE AID CORP	SEMI-ANN. 9.750% 06/12/2016 250,000		245,698		271,250
	ROCHE HLDGS INC	QRTRLY FLTNG 02/25/2010 3,000,000		3,024,510		3,000,558

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	ROCHE HLDGS INC	QRTRLY FLTNG 02/25/2011 6,500,000		6,685,636		6,637,046
	ROCKWOOD SPECIALTIES GROUP INC	SEMI-ANN. 7.625% 11/15/2014 1,000,000		1,335,854		1,449,097
	ROGERS WIRELESS COMM INC	SEMI-ANN. 9.625% 05/01/2011 256,000		280,320		280,900
	ROYAL BANK OF CANADA	4.125% 01/26/2010 350,000		358,785		350,619
	ROYAL BANK OF SCOTLAND	1.250% 01/26/2010 4,700,000		4,700,000		4,700,000
	ROYAL BANK OF SCOTLAND	SEMI-ANN. FLTNG 12/31/2049 2,800,000		732,000		1,554,000
	RRI ENERGY INC	SEMI-ANN. 7.625% 06/15/2014 500,000		367,866		495,000
	RRI ENERGY INC	SEMI-ANN. 7.875% 06/15/2017 500,000		497,912		491,250
	SALEM COMMUNICATIONS CORP	SEMI-ANN. 9.625% 12/15/2016 500,000		496,825		523,750
	SALLY HOLDINGS INC	SEMI-ANN. 10.500% 11/15/2016 750,000		770,197		806,250
	SALLY HOLDINGS INC	SEMI-ANN. 9.250% 11/15/2014 750,000		766,149		778,125
	SAN PASQUAL CASINO	SEMI-ANN. 8.000% 09/15/2013 737,000		714,532		689,095
	SANDRIDGE ENERGY INC	SEMI-ANN. 8.000% 06/01/2018 500,000		506,875		491,250
	SCIENTIFIC GAMES INTL INC	SEMI-ANN. 9.250% 06/15/2019 1,000,000		1,057,500		1,050,000
	SEAGATE TECHNOLOGY HLDGS	SEMI-ANN. 10.000% 05/01/2014 250,000		238,292		276,250
	SEALED AIR CORP	SEMI-ANN. 7.875% 06/15/2017 375,000		366,889		399,436
	SEALY MATTRESS CO	SEMI-ANN. 8.250% 06/15/2014 500,000		500,000		500,000
	SELECT MEDICAL CORP	SEMI-ANN. 7.625% 02/01/2015 375,000		329,375		363,750
	SEMINOLE HARD ROCK ENT	QRTRLY FLTNG 03/15/2014 375,000		353,750		308,906
	SEQUA CORPORATION	QRTRLY 11.750% 12/01/2015 750,000		674,375		697,500
	SERENA SOFTWARE	SEMI-ANN. 10.375% 03/15/2016 500,000		548,750		480,625
	SGS INTL INC	SEMI-ANN. 12.000% 12/15/2013 250,000		250,000		252,812
	SHINGLE SPRINGS TRIBAL	SEMI-ANN. 9.375% 06/15/2015 500,000		503,516		380,000
	SIMMONS CO	SEMI-ANN. 10.0% 12/15/2014 250,000		192,400		20,000
	SIMMONS CO	SEMI-ANN. 7.875% 01/15/2014 125,000		108,885		115,000
	SLM CORP	QRTRLY FLTNG 07/26/2010 250,000		217,187		244,670
	SLM CORP	SEMI-ANN. 4.00%01/15/2010 125,000		120,695		124,993
	SLM CORP	SEMI-ANN. 4.500% 07/26/2010 250,000		236,787		249,104
	SLM CORP	SEMI-ANN. 8.450% 06/15/2018 500,000		422,500		493,376
	SMITHFIELD FOODS INC	SEMI-ANN. 10.000% 07/15/2014 500,000		495,000		542,500
	SMITHFIELD FOODS INC	SEMI-ANN. 7.000% 08/01/2011 500,000		473,750		498,750
	SMITHFIELD FOODS INC	SEMI-ANN. 7.750% 07/01/2017 250,000		167,187		230,625
	SOCIETE GEN NO AMER	0.000% 06/25/2010 7,950,000		7,938,404		7,938,599
	SOLO CUP	SEMI-ANN. 8.500% 02/15/2014 500,000		342,500		488,750
	SOUTHERN NATURAL GAS CO	SEMI-ANN. 5.900% 04/01/2017 120,000		101,497		123,232
	SOUTHERN NATURAL GAS CO	SEMI-ANN. 8.000% 03/01/2032 388,000		387,586		446,189
	SPCM	SEMI-ANN. 8.250% 06/15/2013 375,000		489,346		543,412
	SPECTRUM BRANDS INC	SEMI-ANN. FLTNG 08/28/2019 155,561		71,902		152,450
	SPIRIT AEROSYS INC	SEMI-ANN. 7.500% 10/01/2017 500,000		491,367		492,500
	SPRINT CAPITAL CORP	SEMI-ANN. 6.900% 05/01/2019 1,520,000		1,283,844		1,398,400
	SPRINT CAPITAL CORP	SEMI-ANN. 7.625% 01/30/2011 250,000		209,375		255,937
	SPRINT CAPITAL CORP	SEMI-ANN. 8.375% 03/15/2012 750,000		598,125		776,250
	SPRINT CAPITAL CORP	SEMI-ANN. 8.750% 03/15/2032 750,000		528,125		706,875
	SPRINT NEXTEL CORP	SEMI-ANN. 6.000% 12/01/2016 1,000,000		780,990		912,500
	SPRINT NEXTEL CORP	SEMI-ANN. 8.375% 08/15/2017 500,000		491,250		510,000
	STARWOOD HOTELS & RESRTS WW	SEMI-ANN. 7.875% 10/15/2014 500,000		476,250		534,375
	STATION CASINOS INC	6.50% 02/01/2014 1,000,000		952,640		5,000
	STATION CASINOS INC	6.875% 03/01/2016 500,000		462,823		2,500
	STEEL DYNAMICS INC	SEMI-ANN. 7.375% 11/01/2012 500,000		360,000		515,000
	STEEL DYNAMICS INC	SEMI-ANN. 7.75% 04/15/2016 250,000		185,625		260,312
	STONE CONTAINER	SEMI-ANN. 7.375% 07/15/2014 250,000		239,806		235,312
	STONE CONTAINER	SEMI-ANN. 8.0% 03/15/2017 500,000		499,483		440,625
	SUBURBAN PROPANE PARTNERS	SEMI-ANN. 6.875% 12/15/2013 500,000		482,238		500,000
	SUNGARD DATA SYSTEMS INC	SEMI-ANN. 10.250% 08/15/2015 2,000,000		2,048,161		2,130,000

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	SUNGARD DATA SYSTEMS INC	SEMI-ANN. 10.625% 05/15/2015 250,000		248,703		275,312
	SUNGARD DATA SYSTEMS INC	SEMI-ANN. 9.125% 08/15/2013 925,000		958,074		948,125
	SUPERVALU INC	SEMI-ANN. 7.500% 11/15/2014 500,000		488,125		506,250
	SVENSK EXPORTKREDIT AKTIEBOLAGET	SEMI-ANN. 4.875% 01/19/2010 4,100,000		4,197,498		4,106,638
	SVENSKA HANDLSBNKN A	QRTRLY 06/10/2010 6,250,000		6,250,494		6,250,217
	SYNIVERSE HLDGS INC	SEMI-ANN. 7.750% 08/15/2013 250,000		246,250		248,437
	SYSTEMS ASSET	QRTRLY 6.664% 09/15/2013 162,890		159,145		166,223
	TARGA RESOURCES INC	8.50% 11/01/2013 500,000		501,588		520,000
	TARGA RESOURCES PARTNERS LP	SEMI-ANN. 11.250% 07/15/2017 375,000		356,149		412,969
	TELECOM ITALIA CAPITAL	SEMI-ANN. 4.950% 09/30/2014 307,000		257,880		318,198
	TELECOM ITALIA CAPITAL	SEMI-ANN. 5.250% 11/15/2013 160,000		140,000		168,287
	TENET HEALTHCARE CORP	SEMI-ANN. 10.000% 05/01/2018 312,000		356,397		349,440
	TENET HEALTHCARE CORP	SEMI-ANN. 9.000% 05/01/2015 312,000		239,319		336,960
	TENNECO AUTOMOTIVE INC	SEMI-ANN. 10.250% 07/15/2013 149,000		168,817		154,029
	TENNECO AUTOMOTIVE INC	SEMI-ANN. 8.625% 11/15/2014 125,000		124,687		126,094
	TENNESSEE GAS PIPELINE	SEMI-ANN. 8.375% 06/15/2032 28,000		25,048		33,252
	TEREOS EUROPE	SEMI-ANN. 6.375% 04/15/2014 250,000		334,363		336,897
	TEREX CORP	SEMI-ANN. 10.875% 06/01/2016 500,000		488,165		557,500
	TEREX CORP	SEMI-ANN. 8.000% 11/15/2017 250,000		181,875		240,625
	TERWIN MORTGAGE TRUST	MONTHLY FLTNG 10/25/2037 1,008,394		221,402		201,154
	TEXAS INDUSTRIES INC	SEMI-ANN. 7.250% 07/15/2013 500,000		472,231		491,250
	TL ACQUISITIONS INC	SEMI-ANN. 10.500% 01/15/2015 1,000,000		970,000		956,250
	TORONTO DOMIN HOLDING	0.85% 01/25/2010 7,900,000		7,850,823		7,895,629
	TOYOTA MOTOR CREDIT CORP	0.000% 07/27/2010 7,950,000		7,936,088		7,936,286
	TOYOTA MOTOR CREDIT CORP	QRTRLY FLTNG 04/07/2010 720,000		684,000		719,983
	TOYOTA MOTOR CREDIT CORP	QRTRLY FLTNG 06/16/2010 4,350,000		4,351,670		4,345,515
	TRANSDIGM GROUP INC	SEMI-ANN. 7.750% 07/15/2014 250,000		242,812		253,750
	TRANSDIGM INC	SEMI-ANN. 7.750% 07/15/2014 625,000		601,875		632,812
	TRAVELPORT LLC	SEMI-ANN. 11.875% 09/01/2016 750,000		742,204		795,000
	TRAVELPORT LLC	SEMI-ANN. 9.875% 09/01/2014 1,000,000		1,022,798		1,032,500
	TRIMAS CORP	SEMI-ANN. 9.750% 06/15/2012 386,000		375,264		392,354
	TRIMAS CORP	SEMI-ANN. 9.750% 12/15/2017 500,000		492,500		490,625
	TRW AUTOMOTIVE INC	SEMI-ANN. 6.375% 03/15/2014 250,000		304,143		331,427
	TRW AUTOMOTIVE INC	SEMI-ANN. 7.0% 03/15/2014 500,000		491,250		490,000
	TXU CORP	SEMI-ANN. 6.500% 11/15/2024 60,000		20,985		28,183
	TYCO INTERNATIONAL	SEMI-ANN. 6.000% 11/15/2013 2,372,000		2,198,453		2,598,251
	TYCO INTERNATIONAL	SEMI-ANN. 6.375% 10/15/2011 1,413,000		1,404,749		1,515,160
	TYCO INTERNATIONAL	SEMI-ANN. 6.750% 02/15/2011 379,000		382,835		397,781
	TYSON FOODS INC	SEMI-ANN. 10.500% 03/01/2014 500,000		490,713		571,250
	U S BANCORP	QRTRLY FLTNG 05/06/2010 1,250,000		1,253,387		1,251,914
	UBS AG BRH	QRTRLY FLTNG 06/21/2010 2,800,000		2,800,779		2,780,271
	UBS AG STAMFORD	QRTRLY FLTNG 3,500,000		3,500,000		3,500,000
	UBS AG STAMFORD	QRTRLY FLTNG 05/05/2010 800,000		802,011		800,970
	UBS FINANCE DEL INC	0.000% 05/03/2006 7,950,000		7,929,415		7,929,415
	UMBRELLA ACQUISITION INC	SEMI-ANN. FLTNG 03/15/2015 394,687		396,629		345,844
	UNICREDITO ITALIANO SPA	0.42% 02/02/2010 7,000,000		7,000,000		7,000,000
	UNITED RENTALS NORTH AMERICA INC	SEMI-ANN. 10.875% 06/15/2016 250,000		243,139		271,875
	UNITED RENTALS NORTH AMERICA INC	SEMI-ANN. 7.750% 11/15/2013 750,000		729,844		705,000
	UNITED RENTALS NORTH AMERICA INC	SEMI-ANN. 9.250% 12/15/2019 250,000		245,955		258,125
	UNITED SURGICAL PARTNERS	SEMI-ANN. 8.875% 05/01/2017 250,000		251,953		257,500
	UNIVERSAL CITY DEVELOPMENT	SEMI-ANN. 8.875% 11/15/2015 750,000		740,625		734,062
	UNIVISION COMMUNICATIONS INC	SEMI-ANN. 12.000% 07/01/2014 250,000		232,515		275,312
	UPC HOLDING	SEMI-ANN. 7.750% 01/15/2014 250,000		235,681		350,402
	UPC HOLDING	SEMI-ANN. 8.000% 11/01/2016 750,000		1,013,472		1,030,330

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	UPC HOLDING	SEMI-ANN. 8.625% 01/15/2014 500,000		651,947		724,118
	US ONCOLOGY INC	SEMI-ANN. 9.125% 08/15/2017 500,000		500,000		525,000
	USAA AUTO OWNER TR	MONTHLY 2.640% 08/15/2011 765,000		771,967		769,101
	USAA AUTO OWNER TR	MONTHLY 3.58% 03/15/2011 446,311		448,509		446,841
	USAA AUTO OWNER TR	MONTHLY 4.900% 02/15/2012 2,314,441		2,354,812		2,344,123
	USAA AUTO OWNER TR	MONTHLY 5.010% 06/15/2011 58,132		58,384		58,233
	USAA AUTO OWNER TR	MONTHLY 5.430% 10/17/2011 2,856,792		2,896,268		2,887,421
	VALASSIS COMMUNICATIONS INC	SEMI-ANN. 8.250% 03/01/2015 500,000		495,937		498,750
	VANGUARD HEALTH HLDG	SEMI-ANN. 11.25% 10/01/2015 353,000		248,865		371,532
	VANGUARD HEALTH HLDG	SEMI-ANN. 9.000% 10/01/2014 500,000		491,100		518,125
	VERIZON COMMUNICATIONS INC	SEMI-ANN. 8.950% 03/01/2039 2,000,000		2,485,490		2,706,108
	VERIZON GLOBAL FUND	SEMI-ANN. 7.250% 12/01/2010 419,000		444,541		442,789
	VERSO PAPER HLDGS	SEMI-ANN. 11.375% 08/01/2016 375,000		397,363		301,875
	VERSO PAPER HLDGS	SEMI-ANN. 11.500% 07/01/2014 250,000		229,920		275,000
	VIDEOTRON GROUP	SEMI-ANN. 9.125% 04/15/2018 500,000		451,003		550,000
	VIDEOTRON HLDGS	SEMI-ANN. 6.875% 01/15/2014 500,000		420,000		502,500
	VIDEOTRON LTD	SEMI-ANN. 9.125% 04/15/2018 375,000		375,781		412,500
	VIRGIN MEDIA FINANCE PLC	SEMI-ANN. 8.750% 04/15/2014 43,904		44,893		65,511
	VIRGIN MEDIA FINANCE PLC	SEMI-ANN. 9.500% 08/15/2016 625,000		613,125		671,094
	VISANT HLDG CORP	SEMI-ANN. 8.750% 12/01/2013 1,500,000		1,456,646		1,541,250
	VOLKSWAGEN AUTO LEASE TR	MONTHLY 2.870% 07/15/2011 7,169,507		7,262,553		7,232,740
	VOLKSWAGEN AUTO LOAN	MONTHLY 3.710% 04/20/2011 251,068		252,523		251,501
	VWR FUNDING INC	SEMI-ANN. FLTNG 07/15/2015 1,000,000		993,326		1,040,000
	WACHOVIA AUTO OWNER TR	MONTHLY 4.090% 05/20/2011 4,827,633		4,861,389		4,851,488
	WACHOVIA CAPITAL	SEMI-ANN. FLTNG 12/31/2049 628,000		370,520		480,420
	WACHOVIA CORP	QRTRLY FLTNG 03/15/2011 4,000,000		3,977,801		3,989,408
	WALMART STORES	SEMI-ANN. 4.125% 07/01/2010 8,400,000		8,693,081		8,565,169
	WARNER CHILCOTT INC	SEMI-ANN. 8.750% 02/01/2015 500,000		523,594		521,875
	WARNER MUSIC GROUP	SEMI-ANN. 7.375% 04/15/2014 750,000		668,219		724,687
	WASTE SERVICES INC	SEMI-ANN. 9.500% 04/15/2014 500,000		530,000		522,500
	WCA WASTE CORP	SEMI-ANN. 9.250% 06/15/2014 250,000		236,562		249,062
	WDAC SUBSIDIARY CORP	SEMI-ANN. 8.500% 12/01/2014 750,000		937,337		103,141
	WELLPOINT INC	SEMI-ANN. 5.875% 06/15/2017 70,000		66,546		72,118
	WELLS FARGO & CO	QRTRLY FLTNG 01/12/2011 4,674,000		4,640,816		4,671,383
	WELLS FARGO & CO	SEMI-ANN. 5.300% 08/26/2011 160,000		163,712		169,453
	WELLS FARGO & CO	SEMI-ANN. 6.375% 08/01/2011 977,000		1,010,361		1,040,826
	WENDYS / ARBYS RESTAURANTS LLC	SEMI-ANN. 10.000% 07/15/2016 500,000		488,501		545,000
	WEST CORP	SEMI-ANN. 11.000% 10/15/2016 750,000		790,810		783,750
	WEST CORP	SEMI-ANN. 9.500% 10/15/2014 500,000		501,731		507,500
	WEST PENN FUNDING LLC	QRTRLY 4.460% 12/27/2010 1,394,379		1,414,477		1,408,567
	WESTPAC BKING CORP	1.350% 03/19/2010 4,000,000		3,995,218		3,998,989
	WEYERHAEUSER CO	SEMI-ANN. 6.750% 03/15/2012 443,000		411,749		469,347
	WHITING PETROLEUM CORP	SEMI-ANN. 7.000% 02/01/2014 443,000		418,635		444,661
	WHITING PETROLEUM CORP	SEMI-ANN. 7.250% 05/01/2013 250,000		239,375		251,875
	WILLIAMS COMPANIES INC	SEMI-ANN. 7.875% 09/01/2021 775,000		791,225		888,940
	WILLIAMS COS INC	SEMI-ANN. FLTNG 03/15/2012 500,000		467,500		546,732
	WIND ACQUISITION	SEMI-ANN. FLTNG 12/01/2015 2,000,000		2,296,089		2,723,720
	WINDSTREAM CORP	SEMI-ANN. 7.875% 11/01/2017 875,000		868,437		864,062
	WINDSTREAM CORP	SEMI-ANN. 8.625% 08/01/2016 1,000,000		908,898		1,017,500
	WMG ACQUISITION CO	SEMI-ANN. 9.500% 06/15/2016 375,000		373,125		401,719
	WORLD OMNI AUTO RECEIVABLES TR	MONTHLY 1.621% 04/15/2010 60,872		60,892		60,904
	WORLD OMNI AUTO RECEIVABLES TR	MONTHLY 2.880% 10/17/2011 1,762,000		1,783,602		1,776,925
	WORLD OMNI AUTO RECEIVABLES TR	MONTHLY 4.130% 03/15/2011 5,458,101		5,526,372		5,506,169
	WORLD OMNI AUTOMOBILE LEASE SEC TR	MONTHLY 0.402% 11/15/2010 422,694		422,512		422,884

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

CORPORATE DEBT SECURITIES (CONTINUED):
	WYNN LAS VEGAS LLC	SEMI-ANN. 6.625% 12/01/2014 1,000,000		987,500		966,250
	YANKEE ACQUISITION CORP	SEMI-ANN. 8.500% 02/15/2015 500,000		387,812		496,250
	YONKERS RACING CORP	SEMI-ANN. 11.375% 07/15/2016 250,000		256,875		262,500

	TOTAL CORPORATE DEBT SECURITIES			963,407,669		983,023,074

U.S. FEDERAL, STATE, LOCAL AND NON-U.S. GOVERNMENT SECURITIES:
	FEDERAL HOME LOAN BANK	QRTRLY FLTNG 01/08/2010 2,650,000		2,646,687		2,649,995
	FEDERAL HOME LOAN BANK	0.000% 02/01/2010 7,950,000		7,947,384		7,949,213
	FEDERAL HOME LOAN BANK	0.000% 01/04/2010 26,300,000		26,292,022		26,299,734
	FEDERAL HOME LOAN BANK	0.000% 03/04/2010 700,000		692,942		698,753
	FEDERAL HOME LOAN BANK	0.000% 05/04/2010 7,900,000		7,848,079		7,882,455
	FEDERAL HOME LOAN BANK	0.000% 02/08/2010 2,000,000		1,979,833		1,997,895
	FEDERAL HOME LOAN BANK	0.000% 01/11/2010 7,800,000		7,734,621		7,798,158
	FEDERAL HOME LOAN BANK	0.000% 01/22/2010 10,900,000		10,899,107		10,899,682
	FEDERAL HOME LOAN BANK	0.000% 01/26/2010 7,800,000		7,725,662		7,794,908
	FEDERAL HOME LOAN BANK	0.000% 04/22/2010 7,900,000		7,844,854		7,882,949
	FEDERAL HOME LOAN BANK	0.000% 03/10/2010 3,000,000		2,985,654		2,996,883
	FEDERAL HOME LOAN BANK	0.000% 01/13/2010 1,000,000		999,969		999,987
	FEDERAL HOME LOAN BANK	0.000% 02/17/2010 7,800,000		7,721,350		7,789,817
	FEDERAL HOME LOAN BANK	SEMI-ANN. 4.875% 05/14/2010 400,000		420,280		406,835
	FEDERAL HOME LOAN BANK	SEMI-ANN. 0.820% 04/29/2010 5,000,000		4,999,018		5,010,855
	FEDERAL HOME LOAN BANK	SEMI-ANN. 0.870% 01/26/2010 6,200,000		6,193,800		6,202,765
	FEDERAL HOME LOAN BANK	SEMI-ANN. 0.960% 02/04/2010 2,000,000		1,997,840		2,001,364
	FEDERAL HOME LOAN BANK	SEMI-ANN. 1.050% 02/23/2010 1,000,000		998,850		1,001,237
	FEDERAL HOME LOAN MTG CORP	QRTRLY FLTNG 02/01/2011 10,000,000		9,997,752		9,992,900
	FEDERAL HOME LOAN MTG CORP	SEMI-ANN. 5.125% 08/23/2010 2,500,000		2,637,117		2,572,230
	FEDERAL HOME LOAN MTG CORP	0.000% 07/14/2010 2,500,000		2,487,882		2,493,264
	FEDERAL HOME LOAN MTG CORP	0.000% 09/15/2010 7,900,000		7,883,518		7,883,645
	FEDERAL HOME LOAN MTG CORP	0.000% 03/22/2010 6,000,000		5,996,080		5,997,867
	FEDERAL HOME LOAN MTG CORP	0.000% 05/26/2010 4,000,000		3,995,378		3,996,778
	FEDERAL NATIONAL MTG ASSOC	SEMI-ANN. 5.250% 08/01/2012 220,000		230,008		234,769
	FEDERAL NATIONAL MTG ASSOC	SEMI-ANN. 6.000% 04/18/2036 740,000		807,448		757,257
	FEDERAL NATIONAL MTG ASSOC	SEMI-ANN. 6.250% 02/01/2011 270,000		285,309		283,654
	FEDERAL NATIONAL MTG ASSOC	6.00%, 01/25/2040 11,000,000		11,651,836		11,651,836
	FEDERAL NATIONAL MTG ASSOC	5.50%, 01/25/2040 10,000,000		10,554,687		10,554,687
	FEDERAL NATIONAL MTG ASSOC	5.50%, 01/25/2040 41,000,000		43,327,070		43,327,070
	FEDERAL NATIONAL MTG ASSOC	5.50%, 12/25/2040 7,000,000		7,301,875		7,301,875
	FEDERAL NATIONAL MTG ASSOC	6.00%, 1/25/2040 8,000,000		8,548,750		8,548,750
	FEDERAL NATIONAL MTG ASSOC	6.00%, 1/25/2040 6,000,000		6,404,531		6,404,531
	FEDERAL NATIONAL MTG ASSOC	6.00%, 1/25/2040 7,000,000		7,470,312		7,470,312
	FEDERAL NATIONAL MTG ASSOC	5.00%, 1/25/2040 36,000,000		37,423,125		37,423,125
	FEDERAL NATIONAL MTG ASSOC	6.00%, 2/25/2040 17,000,000		18,089,727		18,089,727
	FEDERAL NATIONAL MTG ASSOC	6.00%, 2/25/2040 15,000,000		15,979,687		15,979,688
	FEDERAL NATIONAL MTG ASSOC	SEMI-ANN. 0.000% 02/01/2019 390,000		216,934		228,916
	FEDERAL NATIONAL MTG ASSOC	QRTRLY FLTNG 01/21/2010 7,000,000		7,000,000		7,000,938
	FINANCING CORP	SEMI-ANN. 0.000% 04/05/2019 160,000		111,528		103,540
	GERMANY(FEDERAL REPUBLIC)	ANNUAL 3.750% 01/04/2015 300,000		460,674		455,476
	HYDRO-QUEBEC	SEMI-ANN. 6.300% 05/11/2011 342,000		361,580		365,295
	ITALY(REPUBLIC OF)	SEMI-ANN. 3.75% 12/15/2013 2,000,000		3,052,343		2,986,002
	KFW	SEMI-ANN. 4.250% 06/15/2010 5,000,000		5,170,500		5,093,940
	MANITOBA(PROVINCE OF)	SEMI-ANN. 7.50% 02/22/2010 1,350,000		1,397,088		1,362,271
	MEXICO(UNITED MEXICAN STATES)	SEMI-ANN. 5.625% 01/15/2017 34,000		33,456		35,445
	MEXICO(UNITED MEXICAN STATES)	SEMI-ANN. 7.500% 04/08/2033 45,000		48,951		51,637
	OESTER KONTROLBK	SEMI-ANN. 4.250% 10/06/2010 2,000,000		2,065,520		2,058,624
	TENNESSEE VALLEY AUTHORITY	SEMI-ANN. 7.125% 05/01/2030 942,000		1,321,014		1,155,423

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

U.S. FEDERAL, STATE, LOCAL AND NON-U.S. GOVERNMENT SECURITIES (CONTINUED):
	UNITED STATES OF AMER TREAS BILLS	0.000% 08/26/2010 7,950,000		7,936,847		7,937,727
	UNITED STATES OF AMER TREAS BONDS	FLTNG 01/15/2025 7,300,000		8,182,884		8,833,463
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 4.250% 05/15/2039 2,000,000		1,960,008		1,876,250
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 4.375% 02/15/2038 900,000		952,172		864,000
	UNITED STATES OF AMER TREAS BONDS	FLTNG 07/15/2016 5,300,000		5,878,483		6,177,995
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 3.500% 02/15/2039 9,400,000		7,916,438		7,699,183
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 4.500% 08/15/2039 10,100,000		10,561,543		9,871,174
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. FLTNG 01/15/2029 8,900,000		9,406,924		9,611,334
	UNITED STATES OF AMER TREAS BONDS	FLTNG 04/15/2028 5,400,000		8,259,110		8,920,651
	UNITED STATES OF AMER TREAS BONDS	FLTNG 01/15/2028 13,350,000		11,983,118		13,209,248
	UNITED STATES OF AMER TREAS BONDS	FLTNG 01/15/2026 7,600,000		7,266,213		8,313,032
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 5.500% 08/15/2028 8,400,000		9,827,211		9,360,750
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 7.250% 08/15/2022 2,400,000		3,178,219		3,109,126
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 7.500% 11/15/2024 300,000		418,453		401,062
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 7.875% 02/15/2021 3,600,000		4,922,816		4,838,623
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 8.000% 11/15/2021 2,900,000		4,034,219		3,948,985
	UNITED STATES OF AMER TREAS BONDS	SEMI-ANN. 8.125% 05/15/2021 1,600,000		2,270,250		2,188,750
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 2.375% 08/31/2014 3,300,000		3,318,820		3,275,765
	UNITED STATES OF AMER TREAS NOTES	FLTNG 07/15/2017 10,200,000		10,766,189		11,700,083
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 3.250% 07/31/2016 12,700,000		12,799,662		12,722,822
	UNITED STATES OF AMER TREAS NOTES	FLTNG 04/15/2029 12,100,000		20,232,102		20,474,248
	UNITED STATES OF AMER TREAS NOTES	FLTNG 07/15/2015 21,755,000		25,477,237		25,475,299
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2027 14,700,000		15,679,386		16,582,175
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2016 3,093,000		3,080,251		3,557,412
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2010 3,300,000		4,255,060		4,244,974
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2012 300,000		394,919		390,621
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2014 10,329,000		11,644,351		12,778,940
	UNITED STATES OF AMER TREAS NOTES	FLTNG 07/15/2012 9,976,000		11,934,093		12,895,362
	UNITED STATES OF AMER TREAS NOTES	FLTNG 07/15/2014 6,988,000		7,520,256		8,489,734
	UNITED STATES OF AMER TREAS NOTES	FLTNG 04/15/2011 12,113,000		13,459,600		13,581,724
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 2.250% 05/31/2014 100,000		98,335		99,320
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 3.875% 05/15/2018 1,800,000		1,856,109		1,827,704
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 2.375% 09/30/2014 13,900,000		13,899,066		13,782,684
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 3.125% 10/31/2016 27,200,000		27,553,465		26,857,878
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. 4.000% 08/15/2018 700,000		732,977		714,930
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. FLTNG 04/15/2013 1,000,000		1,026,475		1,039,989
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. FLTNG 04/15/2012 13,100,000		14,052,091		14,583,287
	UNITED STATES OF AMER TREAS NOTES	FLTNG 04/15/2014 300,000		311,168		316,702
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. FLTNG 07/15/2018 300,000		292,993		301,349
	UNITED STATES OF AMER TREAS NOTES	SEMI-ANN. FLTNG 01/15/2019 3,300,000		3,404,818		3,523,520
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2015 1,700,000		1,895,753		2,001,570
	UNITED STATES OF AMER TREAS NOTES	FLTNG 01/15/2017 7,600,000		8,075,357		8,799,037
	UNITED STATES OF AMER TREAS NOTES	FLTNG 07/15/2013 10,500,000		12,407,060		13,015,788

	TOTAL U.S. FEDERAL, STATE, LOCAL AND NON-U.S. GOVERNMENT SECURITIES			661,362,133		670,319,227

LOANS TO PLAN PARTICIPANTS:
*	LOANS TO PLAN PARTICIPANTS	INTEREST RATE RANGE: 4.00% - 10.5%		—		354,093,534

MORTGAGE-BACKED SECURITIES:
	BANC OF AMERICA FUNDING CORP	MONTHLY FLTNG 05/20/2036 1,043,547		685,690		701,684
	BANC OF AMERICA FUNDING CORP	MONTHLY FLTNG 04/25/2037 500,000		380,000		308,740
	BANC OF AMERICA MORTGAGE TR	MONTHLY FLTNG 02/25/2035 1,255,367		944,670		907,540
	BCCR TRUST	MONTHLY FLTNG 08/21/2045 6,000,000		5,130,000		5,447,247
*	BEAR STEARNS ARM TR	MONTHLY FLTNG 03/25/2035 140,875		138,201		123,277
*	BEAR STEARNS TR	MONTHLY FLTNG 08/25/2035 70,602		68,931		62,070
	BUCKEYE OHIO TOB SETTLEMENT	SEMI-ANN. 5.875% 06/01/2047 100,000		97,082		75,179

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

MORTGAGE-BACKED SECURITIES (CONTINUED):
	CALIFORNIA ST	SEMI-ANN. 7.500% 04/01/2034 10,500,000		10,577,175		10,191,405
	CITIGROUP MORTGAGE LOAN TR	MONTHLY FLTNG 09/25/2035 1,019,283		604,222		608,720
	CITIGROUP MORTGAGE LOAN TR	MONTHLY FLTNG 08/25/2035 54,135		52,105		48,190
	CITIGROUP MORTGAGE LOAN TR	MONTHLY FLTNG 08/25/2035 60,493		59,470		53,565
	CITIGROUP MORTGAGE LOAN TR	MONTHLY FLTNG 09/25/2037 1,203,062		838,895		842,670
	CITIGROUP/DEUTSCHE BANK	MONTHLY FLTNG 11/15/2044 100,000		81,297		89,523
	COMM MTG LEASE-BACKED SEC LLC	MONTHLY 6.746% 06/20/2031 956,311		887,177		1,029,034
	CWALT ALTERNATIVE	MONTHLY FLTNG 12/20/2046 1,446,666		855,703		707,230
	FEDERAL HOME LOAN MTG CORP	MONTHLY FLTNG 01/01/2037 1,861,585		1,930,579		1,970,753
	FEDERAL HOME LOAN MTG CORP	MONTHLY FLTNG 09/01/2037 1,171,672		1,207,233		1,248,726
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY FLTNG 01/25/2040 8,200,000		8,193,594		8,144,734
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 05/01/2035 393,441		407,383		413,953
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 06/01/2038 496,361		509,545		520,145
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 09/01/2036 727,742		757,761		772,998
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 11/01/2036 865,938		892,998		919,788
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 03/01/2037 81,737		84,291		86,705
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 11/01/2037 19,368		19,973		20,545
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY FLTNG 10/27/2037 700,000		665,875		692,167
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.000% 12/01/2039 4,000,400		3,969,772		3,865,803
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.500% 08/01/2039 8,797,066		8,902,905		8,789,735
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.500% 07/01/2039 3,134,650		3,172,364		3,132,038
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.500% 06/01/2039 5,970,403		6,072,553		5,965,427
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.500% 10/01/2039 3,961,602		4,009,265		3,958,301
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.000% 08/01/2038 6,732,766		7,052,309		6,922,476
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.000% 06/01/2035 741,936		763,197		763,769
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 04/01/2038 988,942		1,014,860		1,036,329
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 04/01/2039 1,074,045		1,102,574		1,125,341
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 08/01/2037 542,954		557,376		568,970
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 08/01/2038 532,395		546,537		557,906
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 12/01/2037 194,864		200,040		204,202
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 12/01/2037 1,108,551		1,137,997		1,161,669
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 12/01/2038 1,012,398		1,038,965		1,060,909
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 02/01/2036 1,144,428		1,182,302		1,200,160
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 02/01/2037 1,193,384		1,224,753		1,251,499
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 02/01/2038 804,315		825,679		842,855
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 02/01/2039 450,587		462,556		472,107
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 07/01/2037 2,422,411		2,486,425		2,538,934
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 07/01/2038 1,126,182		1,156,098		1,180,146
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 06/01/2037 960,009		985,226		1,006,009
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 06/01/2038 8,312,612		8,590,822		8,710,926
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 05/01/2033 40,752,389		43,343,986		42,832,461
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 05/01/2037 125,746		129,086		131,772
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 05/01/2038 1,816,912		1,868,149		1,903,972
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 11/01/2033 898,043		921,897		945,144
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 11/01/2036 487,592		500,544		511,337
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 11/01/2037 98,016		101,260		102,713
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 11/01/2037 57,015		58,490		59,890
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 11/01/2038 724,610		743,857		759,331
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 10/01/2037 434,235		445,770		455,043
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 5.500% 09/01/2038 922,066		946,289		966,248
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 08/01/2036 405,707		418,386		430,937
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 08/01/2037 10,937,925		11,284,623		11,602,745
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 08/01/2038 6,719,115		7,142,209		7,123,311
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 12/01/2036 602,877		627,745		640,368

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR			CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST		VALUE

MORTGAGE-BACKED SECURITIES (CONTINUED):
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 12/01/2037 8,279,615		8,638,938		8,782,860
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 02/01/2036 465,757		480,312		494,721
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 02/01/2037 6,113,586		6,381,819		6,485,287
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 02/01/2038 113,804		117,360		120,650
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 01/01/2037 280,327		291,891		297,760
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 01/01/2038 1,224,928		1,269,437		1,299,381
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 07/01/2036 1,493,899		1,555,522		1,586,800
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 07/01/2037 296,473		307,483		314,495
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 07/01/2039 902,419		945,249		957,269
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 06/01/2036 729,687		759,787		775,065
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 06/01/2037 621,344		640,762		659,144
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 03/01/2037 82,294		85,689		87,296
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 05/01/2037 25,594		26,650		27,186
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 11/01/2036 829,122		863,323		880,683
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 11/01/2037 19,951,354		20,793,095		21,164,022
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 11/01/2038 1,930,244		2,051,789		2,046,360
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 10/01/2035 5,683,124		5,940,197		6,070,287
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 10/01/2037 4,865,880		5,083,753		5,161,634
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 10/01/2038 2,981,721		3,075,182		3,162,954
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 6.000% 09/01/2037 5,798,449		6,035,967		6,154,288
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 7.000% 12/01/2027 50,949		54,276		56,507
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 8.000% 08/01/2015 4,139		4,367		4,531
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 8.000% 08/01/2015 24,777		26,141		27,127
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 8.000% 09/01/2015 12,361		12,850		13,324
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 9.000% 11/01/2021 7,421		7,955		8,080
	FEDERAL NATIONAL MORTGAGE ASSOC	MONTHLY 4.000% 01/25/2040 22,000,000		21,582,344		21,236,864
	GOV NAT’L MTG ASSOC	MONTHLY FLTNG 05/20/2037 608,327		599,107		596,022
	GOV NAT’L MTG ASSOC	MONTHLY FLTNG 03/20/2037 1,484,104		1,461,610		1,455,056
	GOV NAT’L MTG ASSOC	MONTHLY 6.500% 08/15/2037 799,992		832,991		851,592
	GOV NAT’L MTG ASSOC	MONTHLY 6.500% 03/15/2038 1,049,127		1,092,403		1,116,305
	GOV NAT’L MTG ASSOC	MONTHLY 6.500% 10/15/2038 1,420,519		1,479,115		1,511,478
	GOV NAT’L MTG ASSOC	MONTHLY 7.500% 03/15/2029 12,536		13,340		14,103
	HARBORVIEW MORTGAGE LOAN TR	MONTHLY FLTNG 02/25/2036 641,492		333,977		327,622
	INDYMAC INDA	MONTHLY FLTNG 11/25/2037 466,330		303,280		323,534
	LB-UBS COMMERCIAL MTG TR	MONTHLY 4.954% 09/15/2030 3,279,000		2,517,737		3,177,368
	MASTR ADJUSTABLE RATE MTG TR	MONTHLY FLTNG 01/25/2036 1,095,895		842,570		883,250
	MASTR SPECIALIZED LOAN TR	MONTHLY 6.000% 08/25/2034 1,053,522		1,046,628		957,717
	MERRILL LYNCH/CTRYWD COMM MTG TR	MONTHLY 5.700% 09/12/2049 100,000		72,375		84,860
	ML-CFC COMMERCIAL MTG TR	MONTHLY FLTNG 06/12/2050 4,290,000		2,805,355		3,596,145
	MORGAN STANLEY CAPITAL	MONTHLY 06/11/2049 80,000		63,966		71,316
	MORGAN STANLEY CAPITAL	MONTHLY 4.989% 08/13/2042 1,549,000		1,191,889		1,499,393
	MORGAN STANLEY MTG LOAN TR	MONTHLY FLTNG 07/25/2035 1,302,825		802,249		836,256
	MORGAN STANLEY MTG LOAN TR	MONTHLY FLTNG 06/25/2037 846,339		409,440		447,161
	MORGAN STANLEY MTG LOAN TR	MONTHLY FLTNG 08/25/2034 521,933		270,880		387,749
	MORGAN STANLEY MTG LOAN TR	MONTHLY FLTNG 06/25/2036 2,203,133		1,780,751		1,681,487
	OMI TRUST	MONTHLY 6.000% 05/15/2010 195,484		1,824		4,692
	PRIME MORTGAGE TR	MONTHLY 8.000% 07/25/2034 1,404,749		1,248,531		1,402,993
	RALI SERIES	MONTHLY FLTNG 12/25/2035 2,478,050		1,401,997		1,035,318
	RALI SERIES	MONTHLY FLTNG 06/25/2046 327,261		272,214		127,253
	RBSGC MORTGAGE LOAN TR	MONTHLY FLTNG 01/25/2037 1,399,549		547,622		688,444
	STRUCTURED ADJ RATE MTG LOAN TR	MONTHLY FLTNG 01/25/2035 1,025,176		641,958		712,144
	STRUCTURED ADJ RATE MTG LOAN TR	MONTHLY FLTNG 05/25/2036 1,404,371		783,085		1,012,824
	STRUCTURED ASSET SECS CORP	MONTHLY FLTNG 11/25/2037 870,466		682,432		812,004
	THORNBURG MTG SECURITIES TR	MONTHLY FLTNG 09/25/2037 1,462,682		1,146,547		1,168,858
	THORNBURG MTG SECURITIES TR	MONTHLY FLTNG 09/25/2037 1,453,799		1,106,884		1,161,280

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)			(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR				CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST			VALUE

MORTGAGE-BACKED SECURITIES (CONTINUED):
	TOBACCO STTLMNT FIN AUTH WEST VA	SEMI-ANN. 7.467% 06/01/2047 100,000		94,000			79,876
	WACHOVIA BANK COMMERCIAL MTG	MONTHLY 4.935% 04/15/2042 837,000		638,968			813,704
	WACHOVIA BANK COMMERCIAL MTG	MONTHLY FLTNG 01/15/2045 210,000		157,360			201,156
	WACHOVIA BANK COMMERCIAL MTG	MONTHLY FLTNG 07/15/2042 1,228,000		945,600			1,186,370
	WACHOVIA BANK COMMERCIAL MTG	MONTHLY 5.572% 10/15/2048 100,000		71,020			92,563
	WELLS FARGO MTG BACKED SECURITIES TR	MONTHLY FLTNG 04/25/2036 718,588		555,621			629,496

	TOTAL MORTGAGE-BACKED SECURITIES			276,304,180			279,589,335

OTHER:
	BARCLAYS DOMICILED MONEY MKT FD	12 SHARES		12			12
	CASH COLLATERAL/MONEY MARKET	1,852,800 SHARES		1,852,800			1,852,800
	ISHARES INC MSCI EAFE INDEX	34,153 SHARES		1,892,332			1,888,661
	ISHARES INC MSCI STH KOREA INDEX FD	130,202 SHARES		6,389,944			6,202,824
*	JPM GOLDMAN SACHS			1,494,389			1,494,389
	REPO BANK OF NEW YORK (BARCLAYS)	5,500,000 SHARES		5,500,000			5,500,000
*	REPO JP MORGAN SECS INC	25,200,000 SHARES		25,200,000			25,200,000
	SLH OPEN POSITION NET ASSET	155,861 SHARES		—			46,758

	TOTAL OTHER			42,329,477			42,185,444


DERIVATIVES RECEIVABLE:
	MAR10 2YR NOTE CBT FUTURE LG	VAR MRGN EX: 03/31/10 SIZE 200,000		—			405,344
	MAR10 2YR NOTE CBT FUTURE LG	FUT LONG EX: 03/31/10 CONTRACTS 332		405,344			(405,344	)
	MAR10 5 YR T NOTES CBT FUTURE LG	VAR MRGN EX: 03/31/10 SIZE 100,000		—			696,508
	MAR10 5 YR T NOTES CBT FUTURE LG	FUT LONG EX: 03/31/10 CONTRACTS 267		696,508			(696,508	)
	MAR10 EURODOLLAR CME FUTURE LG	VAR MRGN EX: 03/15/10 SIZE 250,000		—			(643,227	)
	MAR10 EURODOLLAR CME FUTURE LG	FUT LONG EX: 03/15/10 CONTRACTS 249		(643,227	)		643,227
	JUN10 90DAY EURO FUTURE LG	VAR MRGN EX: 06/14/10 SIZE 250,000		—			(785,663	)
	JUN10 90DAY EURO FUTURE LG	FUT LONG EX: 06/14/10 CONTRACTS 317		(785,663	)		785,663
	SEP00 EURODOLLAR CME FUTURE LG	VAR MRGN EX: 09/13/10 SIZE 250,000		—			(402,725	)
	SEP00 EURODOLLAR CME FUTURE LG	FUT LONG EX: 09/13/10 CONTRACTS 315		(402,725	)		402,725
	MAR10 90DAY EURO FUTURE LG	VAR MRGN EX: 03/15/10 SIZE 250,000		—			(20,200	)
	MAR10 90DAY EURO FUTURE LG	FUT LONG EX: 03/15/10 CONTRACTS 4		(20,200	)		20,200
	JUN10 90DAY EURO FUTURE LG	VAR MRGN EX: 06/14/10 SIZE 250,000		—			58,000
	JUN10 90DAY EURO FUTURE LG	FUT LONG EX: 06/14/10 CONTRACTS 160		58,000			(58,000	)
	JUN10 3MO EURO FUTURE LG	VAR MRGN EX: 06/14/10 SIZE 250,000		—			(57,708	)
	JUN10 3MO EURO FUTURE LG	FUT LONG EX: 06/14/10 CONTRACTS 27		(57,708	)		57,708
	MAR10 EURO-BOBL FUTURE LG	VAR MRGN EX: 03/8/10 SIZE 100,000		—			4,426
	MAR10 EURO-BOBL FUTURE LG	FUT LONG EX: 03/8/10 CONTRACTS 3		4,426			(4,426	)
	FONCIERE DES REGIONS WTS	16,046 SHARES		—			13,560
	BRAZILIAN REAL FRWRD CUR CNTRCT	BRL RATE 1.7540 EX 02/02/10		—			(55,362	)
	BRAZILIAN REAL FRWRD CUR CNTRCT	BRL RATE 1.7540 EX 02/02/10		—			30,322
	SWISS FRANC FRWRD CUR CNTRCT	CHF RATE 1.0333 EX 03/23/10		—			(412	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7765 EX 11/23/10		—			(998	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7765 EX 11/23/10		—			(649	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(661	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(2,686	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(2,652	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(1,529	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(1,511	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(2,431	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.7780 EX 11/17/10		—			(1,582	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8136 EX 06/07/10		—			(725	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8136 EX 06/07/10		—			(4,306	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(575	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(669	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(792	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(1,980	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(578	)

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (HELD AT END OF YEAR) AT DECEMBER 31, 2009
(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)			(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR				CURRENT
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	COST			VALUE

DERIVATIVES RECEIVABLE — (CONTINUED):
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(108	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(7	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(335	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			(865	)
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			254
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			160
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			160
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			659
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			585
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			349
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			330
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			531
	CHINESE RENMINBI FRWRD CUR CNTRCT	CNY RATE 6.8212 EX 03/29/10		—			337
	EURO FRWRD CUR CNTRCT	EUR RATE 0.6970 EX 01/26/10		—			(1,368	)
	EURO FRWRD CUR CNTRCT	EUR RATE 0.6970 EX 1/08/10		—			54,277
	EURO FRWRD CUR CNTRCT	EUR RATE 0.6970 EX 1/26/10		—			27,726
	EURO FRWRD CUR CNTRCT	EUR RATE 0.69701 EX 2/19/10		—			1,084,978
	EURO FRWRD CUR CNTRCT	EUR RATE 0.69701 EX 2/19/10		—			(3,336	)
	BRITISH POUND FRWRD CUR CNTRCT	GBP RATE 0.6193 EX 01/13/10		—			(3,192	)
	JAPANESE YEN FRWRD CUR CNTRCT	JPY RATE 93.0851 EX 01/25/10		—			(89,255	)
	JAPANESE YEN FRWRD CUR CNTRCT	JPY RATE 93.0905 EX 01/14/10		—			146,576
	JAPANESE YEN FRWRD CUR CNTRCT	JPY RATE 93.0905 EX 01/14/10		—			(16,233	)
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8081 EX 02/11/10		—			430
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8081 EX 02/11/10		—			461
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8082 EX 02/11/10		—			13,825
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8083 EX 02/11/10		—			15,230
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8083 EX 02/11/10		—			1,491
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,165.8083 EX 02/11/10		—			925
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			4,859
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			185
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			325
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			95
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			240
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,174.2726 EX 07/28/10		—			3,995
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,175.2732 EX 8/27/10		—			139
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,179.2007 EX 11/12/10		—			(260	)
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,179.2008 EX 11/12/10		—			(194	)
	STH KOREAN WON FRWRD CUR CNTRCT	KRW RATE 1,179.2008 EX 11/12/10		—			(194	)
	MEX NEW PESO FRWRD CUR CNTRCT	MXN RATE 13.2240 EX 04/22/10		—			24,062
	MEX NEW PESO FRWRD CUR CNTRCT	MXN RATE 13.2240 EX 04/22/10		—			5,768
	MEX NEW PESO FRWRD CUR CNTRCT	MXN RATE 13.2240 EX 04/22/10		—			(3,358	)
	PHILIPPINES PESO FRWRD CUR CNTRCT	PHP RATE 46.7949 EX 04/16/10		—			29
	SINGAPORE DLLR FRWRD CUR CNTRCT	SGD RATE 1.4046 EX 02/11/10		—			(9,844	)
	SINGAPORE DLLR FRWRD CUR CNTRCT	SGD RATE 1.4046 EX 02/11/10		—			(4,942	)
	IRS EUR SWAP	1,300,000 SHARES		—			70,542
	GATX FIN BP CBK SWAP	1,000,000 SHARES		—			1,574
	CIGNA CORP BP MYC SWAP	1,000,000 SHARES		—			2,261
	ZCS BRL SWAP	400,000 SHARES		—			17,401
	ZCS BRL SWAP	300,000 SHARES		—			13,050

	TOTAL DERIVATIVES RECEIVABLE			(745,245	)		1,324,102

	TOTAL INVESTMENTS		$	12,189,680,541		$	12,837,022,429


*		PARTY-IN-INTEREST INVESTMENTS

**		INTEREST RATE IS NET OF ADMINISTRATIVE SERVICE FEES

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

CORPORATE DEBT INSTRUMENTS:
	AMERICAN EXPRESS CREDIT CORP	SEMI-ANN, 5.875%, 5/02/2013, 200,000		210,606		215,976
	BARCLAYS BANK PLC	SEMI-ANN, 10.179%, 6/12/2021 1,920,000		2,400,000		2,545,018
	BHP BILLITION FINANCE	SEMI-ANN, 5.00%, 12/15/2010, 1,800,000		1,877,994		1,881,000
	BMW VEH LEASE TR	MONTHLY FLTNG, 11/15/2009, 241,050		238,714		241,050
	BSCH ISSUANCES	SEMI-ANN, 7.625%, 11/03/2009, 2,850,000		2,917,493		2,901,386
	CALYON NY	QRTLY FLTNG, 6/11/2010, 3,666,000		3,663,913		3,665,259
	CALYON NY	QRTLY FLTNG, 6/29/2010, 5,400,000		5,397,014		5,399,330
	CAPITAL AUTO REC’BS ASSET TRUST	MONTHLY, 4.93%, 12/15/2010, 305,586		306,828		305,586
	CAPITAL AUTO REC’BS ASSET TRUST	MONTHLY FLTNG, 9/15/2010, 142,022		142,027		142,022
	CAPITAL ONE PRIME AUTO REC’BS TR	MONTHLY, 4.99%, 09/15/2010, 163,142		162,836		163,142
	CARMAX AUTO OWNRS TRUST	MONTHLY, 5.33%, 9/15/2010, 892,603		899,685		896,603
	CARMAX AUTO OWNRS TRUST	MONTHLY, 5.15%, 2/15/2011, 1,960,231		1,981,166		1,960,231
	CARMAX AUTO OWNRS TRUST	MONTHLY, 1.664%, 5/07/2010, 3,965,454		3,965,454		3,965,454
	CCH II LLC/CCH II CAPITAL CORP	SEMI-ANN, 10.25%, 9/15/2010, 658,328		617,515		602,279
	CNH EQUIPMENT TRUST	MONTHLY, 1.736%, 4/15/2010, 7,107,977		7,108,151		7,107,977
	CNH EQUIPMENT TRUST	MONTHLY, 1.352%, 6/04/2010, 3,144,191		3,144,741		3,144,191
	CREDIT SUISSE FB USA INC	QRTLY FLTNG, 8/15/2010, 2,000,000		1,991,713		2,002,036
	DAIMLERCHRYSLER AUTO TRUST	MONTHLY FLTNG, 10/08/2010, 1,375,133		1,375,512		1,375,133
	ELAN CORP	SEMI-ANN, 8.75%, 10/15/2016, 125,000		123,388		118,750
	ENERGY FUTURE HLDGS CORP	SEMI-ANN FLTNG, 11/01/2017, 6,148,000		3,458,250		4,542,908
	ENERGY FUTURE HLDGS CORP	SEMI-ANN FLTNG, 11/01/2017, 310,000		221,650		258,350
	FORD CREDIT AUTO OWNER TR	MONTHLY, 5.26%, 10/15/2010, 798,859		804,267		798,859
	FORD CREDIT AUTO OWNER TR	MONTHLY, 5.16%, 11/15/2010, 5,952,194		5,989,393		5,952,194
	FORD CREDIT AUTO OWNER TR	MONTHLY FLTNG, 7/15/2010, 4,077,494		4,039,417		4,077,494
	FORD CREDIT AUTO OWNER TR	MONTHLY, 1.86%, 4/15/2010, 1,107,680		1,107,680		1,107,680
	GENERAL ELECTRIC CAPITAL CORP	QRTLY FLTNG, 3/12/2012, 4,800,000		4,840,608		4,825,968
	GENERAL ELECTRIC CAPITAL CORP	SEMI-ANN, 6.875%, 1/10/2039, 11,000,000		10,180,255		11,002,362
	GENERAL ELECTRIC CO	QRTLY FLTNG, 5/10/2010, 2,300,000		2,298,022		2,300,706
	GENERAL ELECTRIC	SEMI-ANN, 6.875%, 11/15/2010, 5,000,000		5,312,900		5,288,400
	HCA-HEALTHCARE CO	SEMI-ANN, 7.875%, 2/01/2011, 125,000		128,438		128,750
	HONDA AUTO REC’S	MONTHLY,4.60%, 11/22/2010, 25,883		25,902		25,883
	HONDA AUTO REC’S	MONTHLY, 5.08%, 7/18/2011, 426,498		431,238		426,498
	HONDA AUTO REC’S	MONTHLY, 5.12, 10/15/2010, 3,366,674		3,393,172		3,366,674
	HONDA AUTO REC’S	MONTHLY, 3.77%, 9/20/2010, 2,226,392		2,237,964		2,226,392
	KAUPTHING BANK	SEMI-ANN, 5.75%, 10/4/2011, 260,000		18,200		63,700
	MASHANTUCKET WESTERN PEQUOT TR	SEMI-ANN, 8.5%, 11/15/2015, 125,000		62,031		31,875
	METROPOLITAN LIFE GBL FUNDING	QRTLY FLTNG, 6/25/2010, 1,250,000		1,245,273		1,253,821
	METROPOLITAN LIFE GBL FUNDING	QRTLY FLTNG, 5/17/2010, 3,450,000		3,322,214		3,446,403
	NISSAN AUTO LEASE TRUST	MONTHLY, 5.10%, 7/16/2012, 947,734		930,312		947,734
	NISSAN AUTO REC’S OWNER TRUST	MONTHLY, 5.10%, 11/15/2010, 1,448,945		1,460,708		1,448,945
	NORTEL NETWORKS LIMITED	QRTLY, 0.00%, 7/15/2011, 250,000		229,990		91,250
	NORTEL NETWORKS LIMITED	SEMI-ANN, 10.125%, 7/15/2013, 500,000		505,197		185,000
	PECO ENERGY TRANSITION TRUST	SEMI-ANN, 7.65%, 3/01/2010, 5,471,000		5,623,242		5,471,000
	QVC INC	SEMI-ANN, 7.50%, 10/01/2019, 625,000		614,238		625,865
	SLM CORP	SEMI-ANN, 4.30%, 12/15/2009, 250,000		207,722		236,049
	SPANSION INC	SEMI-ANN, 11.25%, 1/15/2016, 375,000		389,066		39,375
	SUNTRUST BANK	SEMI-ANN, 4.25%, 10/15/2009, 1,350,000		1,353,375		1,350,000
	SUPERMEDIA INC	SEMI-ANN, 8.00%, 11/15/2016, 500,000		505,651		33,125
	UNIVERSAL CITY DEVELOPMENT	SEMI-ANN, 11.75%, 4/01/2010, 250,000		204,063		250,000
	USAA AUTO OWNER TRUST	MONTHLY, 4.63%, 5/15/2012, 532,842		537,937		532,842
	USAA AUTO OWNER TRUST	MONTHLY, 3.91%, 1/18/2011, 1,159,210		1,166,712		1,159,210
	WACHOVIA AUTO LOAN OWNER TRUST	MONTHLY, 5.10%, 7/20/2011, 320,472		321,949		320,472
	WACHOVIA AUTO LOAN OWNER TRUST	MONTHLY, 5.23%, 8/22/2011, 2,085,030		2,074,605		2,085,030

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

CORPORATE DEBT INSTRUMENTS (CONTINUED):
	WACHOVIA AUTO LOAN OWNER TRUST	MONTHLY FLTNG, 3/21/2011, 816,357		814,443		816,357
	WACHOVIA AUTO OWNER TRUST	MONTHLY, 5.35%, 2/20/2011, 904,217		904,323		904,217
	WELLS FARGO & CO	QRTLY FLTNG, 1/29/2010, 750,000		750,995		750,548
	WORLD OMNI AUTO REC’BS TRUST	MONTHLY, 5.23%, 2/15/2011, 4,318,424		4,342,041		4,318,424

	TOTAL CORPORATE DEBT INSTRUMENTS			110,578,193		111,322,783

EQUITY SECURITIES:
	ABB LTD	79,680 SHARES		1,407,508		1,521,449
	ABC ARBITRAGE	10,076 SHARES		96,702		100,443
	ACORDA THERAPEUTICS INC	24,000 SHARES		578,827		415,045
	ADIDIAS AG	25,314 SHARES		952,525		796,309
	ADOBE SYSTEMS INC	9,300 SHARES		230,757		263,373
	AIR LIQUIDE	11,429 SHARES		850,289		1,340,536
	ALAMOS GOLD	5,087 SHARES		41,810		43,894
	ALPHAMERIC	39,550 SHARES		19,386		20,657
	ALTRA HOLDINGS INC	13,100 SHARES		91,401		144,905
	AMPER SA	3,885 SHARES		31,077		35,162
	ANSALDO STST	31,430 SHARES		506,542		549,015
	AOL INC	7,090 SHARES		190,377		161,778
	ARCADIS NV	1,663 SHARES		22,783		26,306
	ARCHIPELAGO LEARNING INC	400 SHARES		6,600		7,593
	ARISTOCRAT LEISURE	5,800 SHARES		26,554		27,336
	ASAX CO LTD	12 SHARES		6,206		11,007
	ASM PACIFIC TECHNOLOGY	8,500 SHARES		26,295		23,184
	ATHEROS COMMUNICATIONS INC	24,000 SHARES		398,430		543,775
	AURUBIS AG	23,200 SHARES		758,118		656,929
	AUTONOMY CORP	41,940 SHARES		848,347		1,023,459
	AXA	142,328 SHARES		—		85,543
	AXELL CORP	900 SHARES		37,720		32,613
	BALFOUR BEATTY	241,813 SHARES		—		381,794
	BANCO SANTANDER SA	541,591 SHARES		—		101,497
	BANIF SGPS SA	294,679 SHARES		—		29,469
	BANK OF KYOTO	82,000 SHARES		886,083		660,854
	BANK OF RYUKYUS	200 SHARES		1,942		1,717
	BANKINTER SA	1,001 SHARES		—		739
	BARRATT DEVELOPMENTS PLC	300,300 SHARES		219,044		185,179
	BEAZLEY GROUP	221,717 SHARES		—		1,325
	BELLWAY	21,600 SHARES		217,995		290,076
	BILFINGER BERGER NPV	26,168 SHARES		—		157,996
	BILLABONG INTERNATIONAL	14,352 SHARES		94,931		129,466
	BIOMARIN PHARAMCEUTICAL	9,600 SHARES		153,716		164,317
	BLUE COAT SYS INC	47,000 SHARES		537,510		735,117
	BNP PARIBAS	91,070 SHARES		—		103,528
	BOUSTEAD SINGAPORE	14,000 SHARES		6,741		4,175
	BPO PROPERTIES LTDCOM	1,100 SHARES		25,667		26,317
	BRICKWORKS	600 SHARES		4,015		8,183
	BRISCOE GROUP	4,300 SHARES		2,720		3,594
	BUZZI UNICEM	10,977 SHARES		141,797		136,340
	CAMBRIDGE INDUSTRIAL TRUST	326,000 SHARES		64,501		98,210
	CAMPBELL BROTHERS	266 SHARES		—		1,378
	CANADIAN TIRE CORP	2,600 SHARES		101,562		113,542
	CAPELLA EDUCATION CO	1,100 SHARES		52,387		67,095
	CARBON ENERGY	94,944 SHARES		67,473		65,984

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

EQUITY SECURITIES (CONTINUED):
	CARNARVON PETROLEUM	217,148 SHARES		130,470		100,089
	CARPHONE WAREHOUSE GROUP	336,853 SHARES		895,692		930,582
	CGG VERITAS	5,648 SHARES		64,484		72,687
	CH OFFSHORE	95,000 SHARES		14,831		33,988
	CHAMPION TECH HOLDINGS LTD	1,010,000 SHARES		—		19,429
	CHIMNEY CO	5,900 SHARES		103,960		145,731
	CHINA TING GROUP HLDGS LTD	378,000 SHARES		47,653		43,879
	CIENA CORP	79,100 SHARES		769,797		987,586
	CITIZEN HOLDINGS CO	47,100 SHARES		172,398		191,498
	CITY TELECOM (H.K.)	320,000 SHARES		70,603		116,556
	CLAS OHLSON	3,982 SHARES		41,307		47,717
	CLEAR MEDIA	4,000 SHARES		1,039		1,521
	COCOKARA FINE HOLDINGS INC	400 SHARES		7,213		8,732
	COFFEY INTERNATIONAL	35,159 SHARES		56,155		60,747
	COFINIMMO	127 SHARES		14,560		17,133
	CONSOLIDATED MEDIA	23,200 SHARES		28,309		64,273
	COOKSON GROUP	354,600 SHARES		—		12,096
	CORRIENTE RESOURCES	23,039 SHARES		145,909		137,124
	COUNT FINANCIAL	4,200 SHARES		5,099		4,240
	CREDITO VALTELLINESE	131,165 SHARES		—		31,838
	CRH NEW ORD	17,646 SHARES		203,507		195,770
	CRH NEW ORD	11,247 SHARES		—		89,471
	CROSS HARBOUR HLDGS	18,000 SHARES		13,953		13,645
	CSR ORD	73,500 SHARES		67,656		81,026
	CUDECO LTD	15,300 SHARES		80,321		74,401
	CUSTOMERS	32,700 SHARES		76,264		91,855
	DAETWYLER HLDGS	13,505 SHARES		504,025		541,719
	DAH SING FINANCIAL GROUP	5,600 SHARES		12,474		32,860
	DAINIPPON SUMITOMO PHARMA	4,900 SHARES		38,568		42,246
	DAPHNE INT’L HOLDINGS LTD	288,000 SHARES		101,241		181,983
	DAVIDE CAMPARI	14,610 SHARES		78,159		139,954
	DE LA RUE	40,014 SHARES		590,623		569,245
	DECMIL GROUP LTD	5,700 SHARES		4,895		7,188
	DEEP YELLOW LTD	148,600 SHARES		48,834		40,827
	DENA CO LTD	420 SHARES		1,305,348		1,303,592
	DESCENTE	1,000 SHARES		3,567		3,599
	DEXUS PROPERTY GROUP	2,157,313 SHARES		1,239,846		1,298,078
	DIALOG SEMICONDUCTOR	10,205 SHARES		15,295		23,304
	DIMENSION DATA HLDGS PLC	1,080,863 SHARES		736,708		1,063,732
	DIRECTV COM	8,301 SHARES		109,930		262,930
	DIRECTV GROUP INC	31,850 SHARES		766,060		777,610
	DNB NOR BANK ASA	89,688 SHARES		—		253,658
	DOMINION MINING	52,651 SHARES		152,776		181,548
	DOUGLAS HLDGS	15,869 SHARES		673,078		620,193
	DRAKA HLDGS	38,160 SHARES		306,338		542,342
	DRAX GROUP	104,884 SHARES		799,214		808,820
	DUFRY AG	1,115 SHARES		17,090		30,674
	EAGLE NICE INTERNATIONAL HLDGS	144,000 SHARES		33,902		40,435
	EAST JAPAN RAILWAY CO	21,700 SHARES		1,504,951		1,286,135
	EASTERN STAR	42,010 SHARES		33,628		36,185
	EASYJET	114,680 SHARES		552,946		713,442
	EBOS GROUP	4,794 SHARES		10,877		13,947
	ECKERT & ZIEGLER	1,976 SHARES		48,631		55,390

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

EQUITY SECURITIES (CONTINUED):
	EIFFAGE	12,982 SHARES		903,671		770,144
	EMERSON ELECTRIC CO	18,710 SHARES		620,771		704,298
	ENEL SPA	501,378 SHARES		—		240,601
	ENERPLUS RESOURCES FUND TRUST	6,300 SHARES		133,940		129,146
	ERG	17,000 SHARES		200,180		215,616
	EUTELSAT COMMUNICATIONS	5,101 SHARES		104,554		113,063
	EVERCORE PARTNERS INC	16,630 SHARES		251,549		482,661
	EXTRACT RESOURCES	15,300 SHARES		82,942		111,960
	FAIRWOOD HLDGS	74,000 SHARES		57,819		67,815
	FAR EAST CONSORTIUM INTL	283,000 SHARES		65,684		83,607
	FASTWEB	13,960 SHARES		346,450		405,751
	FIRST QUANTUM MINERALS	1,100 SHARES		48,279		63,077
	FLUGHAFEN ZURICH AG	15 SHARES		3,035		2,789
	FRIENDS PROVIDENT	12,190 SHARES		11,641		10,903
	FUJIKURA KASEI	6,200 SHARES		23,471		33,548
	FUKUOKA FINANCIAL GROUP INC	73,000 SHARES		224,347		278,325
	FUSHAN INT’L ENERGY GRP	282,000 SHARES		138,970		164,250
	FUYO GENERAL LEASE CO LTD	12,700 SHARES		236,911		268,373
	GALAXY ENTERTAINMENT GROUP	12,000 SHARES		5,524		5,417
	GALLIFORD TRY NEW ORD	56,899 SHARES		—		86,441
	GARDNER DENVER INC	197 SHARES		5,146		7,075
	GENTING HONG KONG LTD	112,000 SHARES		13,858		16,818
	GOLDSHIELD GROUP	68,668 SHARES		251,341		337,739
	GRAINCORP	3,800 SHARES		22,614		24,387
	GREATBATCH INC	18,000 SHARES		426,267		357,922
	HARRIS STRATEX NETWORKS IINC	33,486 SHARES		305,610		181,793
	HARVEST ENERGY TRUST	20,360 SHARES		151,976		85,265
	HATTERAS FINANCIAL CORP	14,900 SHARES		361,753		456,785
	HEIJMANS	9,711 SHARES		356,488		27,192
	HELLENIC TELECOM	51,716 SHARES		801,270		735,440
	HENNES & MAURITZ	20,865 SHARES		842,300		995,028
	HI SUN TECHNOLOGY (CHINA)	633,000 SHARES		94,726		225,545
	HILLGROVE RESOURCES	16,900 SHARES		4,878		5,722
	HITACHI INFORMATION SYSTEMS	3,100 SHARES		50,227		60,600
	HKSCAN CORP	18,885 SHARES		—		23,529
	HMV GROUP	23,471 SHARES		45,211		47,795
	HOPSON DEVELOPMENT HLDGS	26,000 SHARES		29,198		38,126
	HUNG HING PRINTING GROUP	44,000 SHARES		10,537		12,143
	HUNTINGTON BANCSHARES INC	39,700 SHARES		142,920		158,439
	IDEXX LABORATORIES INC	25,800 SHARES		856,895		1,239,932
	INDUSTREA LTD	50,000 SHARES		21,600		19,220
	INFORMA	195,098 SHARES		607,112		768,529
	INFORMA	78,039 SHARES		114,283		119,841
	INTERNATIONAL PLANTATIONS	3,600 SHARES		83,405		138,493
	INVESTEC	348,383 SHARES		1,463,423		2,384,888
	IOOF HLDGS LTD	5,100 SHARES		15,702		17,849
	IRESS MARKET TECHNOLOGY	32,866 SHARES		146,655		233,502
	ITERATION ENERGY LIMITED	38,700 SHARES		38,036		40,791
	ITO EN NPV	60,000 SHARES		1,082,868		955,421
	ITT EDUCATIONAL SERVICES INC	9,020 SHARES		884,343		986,729
	JAFCO	400 SHARES		6,099		8,113
	JAPAN PETROLEUM EXPLORATION CO	200 SHARES		10,636		10,384
	JOYO BANK	176,000 SHARES		814,835		872,597

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

EQUITY SECURITIES (CONTINUED):
	JUNGFRAUBAHN-GES	1,973 SHARES		—		1,418
	KAROON GAS AUSTRALIA	11,678 SHARES		71,934		74,777
	KEMIRA OYJ	69,709 SHARES		—		102,771
	KEYERA FACILITIES INCOME FUND TR	3,962 SHARES		67,988		66,643
	KIER GROUP	6,985 SHARES		114,173		115,295
	KINDEN CORP	18,000 SHARES		149,672		155,349
	KME GROUP SPA	289,519 SHARES		191,143		207,620
	KS ENERGY SERVICES LTD	19,000 SHARES		16,305		15,228
	KS ENERGY SERVICES NPV	4,250 SHARES		—		79
	KUDELSKI SA	33,123 SHARES		399,722		747,736
	L’OREAL	10,898 SHARES		1,073,325		1,182,123
	LUFKIN INDUSTRIES INC	1,900 SHARES		91,580		117,774
	LYNAS CORP	95,900 SHARES		57,158		41,413
	MACK CALI REALTY CORP	14,800 SHARES		369,866		512,893
	MAN WAH HLDGS	84,000 SHARES		12,991		13,412
	MANITOBA TELECOM SERVICES	7,000 SHARES		194,889		216,069
	MAPFRE SA	925,964 SHARES		—		12,312
	MAPFRE SA	972,470 SHARES		—		16,154
	MARUICHI STEEL TUBE	5,500 SHARES		106,159		103,401
	MEDIDATA SOLUTION INC	4,300 SHARES		60,200		68,709
	MEGGITT	269,768 SHARES		500,918		590,857
	MEIJI HOLDINGS CO LTD	8,800 SHARES		366,638		334,775
	METRO HLDGS	68,000 SHARES		27,448		32,620
	METRO INC	6,900 SHARES		214,085		224,588
	MIN XIN HLDGS	178,000 SHARES		51,301		77,855
	MINERAL DEPOSITS	89,067 SHARES		59,126		80,852
	MIRACA HLDGS	3,700 SHARES		76,504		78,316
	MIZUHO SECURITIES CO LTD	99,000 SHARES		293,249		385,130
	MOLOPO ENERGY LTD	13,700 SHARES		12,370		11,147
	MONADELPHOUS GROUP	36,700 SHARES		297,073		435,105
	MTR CORP	371,500 SHARES		1,209,344		1,368,899
	MUSASHI SEIMITSU	1,100 SHARES		14,332		16,199
	NATIONAL BANK OF CANADA	1,300 SHARES		43,019		62,977
	NATIONAL BANK OF GREECE	43,083 SHARES		—		64,939
	NEPTUNE MARINE SERVICES LTD	63,800 SHARES		27,600		47,770
	NEW WORLD CHINA	140,400 SHARES		—		8,331
	NEW ZEALAND OIL & GAS ORD	60,600 SHARES		41,769		38,572
	NEWMONT MINING CORP	23,830 SHARES		1,082,448		1,053,676
	NICHII GAKKAN CO	200 SHARES		2,256		2,182
	NIDEC-READ	400 SHARES		3,773		5,378
	NIPPON EXPRESS CO	227,000 SHARES		1,003,545		921,568
	NIPPON OIL CORP	168,000 SHARES		1,015,601		710,767
	NISSAY DOWA GENERAL INSURANCE	5,000 SHARES		24,699		24,630
	NISSHIN STEEL CO	178,000 SHARES		405,174		364,295
	NITTOKU ENGINEERING CO	1,500 SHARES		5,078		8,148
	NOMURA HLDGS	110,000 SHARES		891,694		816,803
	NORDEA BANK AB	2,755,500 SHARES		—		341,721
	OMRON CORP	28,800 SHARES		345,091		389,004
	OPENTABLE INC	100 SHARES		2,000		2,616
	ORION CORPORATION	2,614 SHARES		42,410		37,453
	OROTON INTERNATIONAL	1,700 SHARES		4,912		8,291
	OTSUKA CORPORATION	700 SHARES		35,573		39,519
	PACIFIC ANDES HLGDS	276,000 SHARES		—		10,444

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

EQUITY SECURITIES (CONTINUED):
	PERNOD-RICARD	131,333 SHARES		807,485		974,759
	PERNOD-RICARD	12,884 SHARES		—		46,382
	PERRIGO CO	25,000 SHARES		594,921		871,369
	PHARMAXIS	45,706 SHARES		90,216		94,299
	PHOENIX IT GORUP	69,551 SHARES		182,217		149,039
	PRAKTIKER BAU — UND HEIMWERKERM	53,250 SHARES		192,801		739,428
	PRICER AB	558,706 SHARES		35,546		36,971
	PROACT IT GROUP	1,782 SHARES		12,317		17,867
	PROFFICE AB	8,912 SHARES		19,340		32,283
	PROVIDENT FINANCIAL SERVICES INC	41,865 SHARES		397,874		451,488
	PZ CUSSONS	56,909 SHARES		139,425		133,066
	QUADRANT HOLDINGS	1,085 SHARES		44,547		87,619
	QUANTUM ENERGY	121,600 SHARES		39,062		22,865
	QUEENSTON MINING INC	5,500 SHARES		28,352		27,236
	REA GROUP LTD	200 SHARES		450		1,601
	RECORDATI	59,520 SHARES		330,170		364,588
	REDES ENERGETICAS NACIONAIS SGPS	42,890 SHARES		170,577		174,535
	RETIMANS (CANADA)	11,700 SHARES		138,003		171,161
	RESONA HLDGS INC	51,200 SHARES		826,489		768,365
	RESORTTRUST INC	18,500 SHARES		187,977		231,055
	RESTAURANT GROUP PLC	41,240 SHARES		92,994		132,773
	REXAM	146,533 SHARES		—		207,328
	RHEINMETALL AG	5,400 SHARES		185,206		217,973
	RIO TINTO LIMITED	16,359 SHARES		324,335		269,088
	RIO TINTO LIMITED	15,083 SHARES		121,857		161,321
	RIVERSDALE MINING	7,800 SHARES		24,731		32,179
	ROHTO PHARMACEUTICAL CO	7,000 SHARES		89,995		84,056
	ROSETTA STONE INC	5,900 SHARES		106,757		150,745
	ROTARY ENGINEERING	197,000 SHARES		39,541		76,392
	RYANAIR HLDGS	259,709 SHARES		1,023,437		960,520
	SAI GLOBAL LTD	4,419 SHARES		9,839		10,495
	SANDRIDGE ENERGY INC	74,800 SHARES		811,018		765,994
	SANFORD	3,400 SHARES		10,827		12,071
	SANOH INDUSTRIAL	10,900 SHARES		44,740		72,502
	SAP AG	23,170 SHARES		865,244		1,051,646
	SAS AB	229,145 SHARES		130,528		162,245
	SCHWEIZ NATIONAL-VERSICHERUNGS	3,640 SHARES		—		4,084
	SEAHAWK DRILLING INC	1,920 SHARES		44,483		44,971
	SECOM CO	27,100 SHARES		1,060,447		1,268,732
	SEEK LIMITED	4,700 SHARES		13,742		15,207
	SEMAFO INC	19,657 SHARES		38,333		38,821
	SHELL ELECTRIC MFG (HLDGS) CO	218,000 SHARES		59,121		66,694
	SHIMANO INC	2,400 SHARES		74,439		82,940
	SINGAPORE AIRPORT TERMINAL SVCS	315,510 SHARES		342,424		452,508
	SINGAPORE TELECOMMUNCIATIONS	422,000 SHARES		934,067		897,546
	SINO-FOREST CORP	15,270 SHARES		166,282		271,121
	SIRTEX MEDICAL	11,475 SHARES		39,158		45,614
	SKISTAR AB	7,169 SHARES		106,162		134,095
	SMITHS NEWS PLC	9,175 SHARES		15,702		17,009
	SMS MANAGEMENT & TECHNOLOGY	37,100 SHARES		112,994		183,029
	SOJITZ CORP	69,200 SHARES		164,937		135,327
	SOLAR A/S	445 SHARES		11,242		12,980
	SOLARIA ENERGIA Y MEDIO AMBIENTE	86,818 SHARES		213,306		177,766

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)		(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF		PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS		DISPOSITION

EQUITY SECURITIES (CONTINUED):
	SOLUTIA INC	97,200 SHARES		486,000		973,876
	SPARK INFR GROUP	40,464 SHARES		30,945		34,847
	ST BARBARA	20,800 SHARES		5,189		4,858
	ST JAME’S PLACE	145,254 SHARES		401,672		360,699
	STADA ARZNEIMITTEL AG	165 SHARES		4,564		5,369
	STARHILL GLOBAL RE INV TST	11,000 SHARES		—		989
	STRABAG	5,117 SHARES		107,848		111,016
	SUMITOMO CORP	159,800 SHARES		1,440,944		1,546,771
	SUMITOMO HEAVY INDUSTRIES	3,000 SHARES		14,245		14,224
	SUMITOMO OSAKA CEMENT CO	316,000 SHARES		823,654		678,159
	SUPER COFFEEMIX MANUFACTURING	82,000 SHARES		17,406		20,737
	SUPERIOR PLUS CORP	10,364 SHARES		96,957		109,841
	SUZUKI MOTOR CORP	55,100 SHARES		1,008,353		1,273,119
	SWEDISH MATCH AB	54,121 SHARES		1,001,834		1,143,512
	SWITCH AND DATA FACILITIES CO	4,500 SHARES		63,024		78,967
	SXC HEALTH SOLUTIONS CORP	7,080 SHARES		307,355		332,453
	SYMRISE AG	2,636 SHARES		42,090		42,080
	SYNTHES INC WILMINGTON	8,724 SHARES		1,052,932		820,676
	TAKASAGO THERMAL ENG CO	2,000 SHARES		14,338		16,365
	TALECRIS BIOTHERAPEUTICS HLDGS	18,800 SHARES		384,821		376,427
	TECHNOLOGY ONE	79,467 SHARES		40,429		52,596
	TECHTRONIC INDUSTRIES	44,000 SHARES		25,153		33,514
	TECMO KOEI HOLDINGS CO	100 SHARES		722		879
	TECNOCOM TELECOM Y ENERGIA	35,407 SHARES		—		15,464
	TESSENDERLO	21,809 SHARES		671,190		732,293
	TMX GROUP	6,500 SHARES		185,231		178,506
	TOSHIN GROUP CO LTD	300 SHARES		3,758		5,276
	TOSOH CORP	65,000 SHARES		181,557		196,063
	TRANSFIELD SERVICES	3,500 SHARES		5,259		6,377
	TRANSPACIFIC INDUSTRIES GROUP LTD	13,200 SHARES		16,868		17,735
	TRAVIS PERKINS	4,076 SHARES		11,317		12,757
	TROY RESOURCES	2,700 SHARES		4,931		6,781
	TSUTSUMI JEWELRY	600 SHARES		11,680		14,615
	TUBOS REUNIDOS SA	36,885 SHARES		93,978		96,701
	TUI AG	74,320 SHARES		672,703		517,649
	TUI TRAVEL	108,000 SHARES		432,987		440,548
	TYCO ELECTRONICS LTD	500 SHARES		15,060		9,223
	TYSAN HOLDINGS	42,000 SHARES		5,112		4,576
	UNICREDITO ITALIANO SPA	581,967 SHARES		—		—
	VICAT	3,400 SHARES		251,195		256,034
	VOLKSWAGEN AG	15,773 SHARES		920,862		1,607,679
	VST HLDGS	240,000 SHARES		32,039		37,545
	WASHINGTON FEDERAL INC	20,900 SHARES		331,530		395,322
	WEST ENERGY TLD	6,500 SHARES		14,225		14,604
	WESTON (GEORGE)	1,800 SHARES		83,770		96,522
	WESTSHORE TERMINAL INCOME FD TST	7,167 SHARES		70,932		64,288
	WHETHERSPOON (J.D.)	146,487 SHARES		951,790		988,110
	WHITBREAD	117,378 SHARES		1,209,126		1,481,877
	XILINX INC	23,850 SHARES		451,927		548,062
	XINYI GLASS HOLDING CO LTD	54,000 SHARES		36,410		41,940
	YAMANA GOLD INC	5,730 SHARES		49,831		51,990
	YELLOW PAGES INCOM TRUST	58,600 SHARES		290,986		288,043
	YOKOGAWA ELECTRIC CORP	35,300 SHARES		167,459		188,122

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)			(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF			PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS			DISPOSITION

EQUITY SECURITIES (CONTINUED):
	ZODIAC AEROSPACE	16,102 SHARES		503,930			613,914

	TOTAL EQUITY SECURITIES			73,568,382			84,513,811

DERIVATIVES:
	BANK OF AMERICA	1,000,000 SHARES		95,702			22,563
	CDS LEHMAN BROS	1,000,000 SHARES		(1,000,000	)		(1,000,000	)
	CDS LEHMAN BROS	1,300,000 SHARES		(1,300,000	)		(1,300,000	)
	CDS	600,000 SHARES		(600,000	)		(600,000	)
	CDS	QRTRLY, 0.35%, EX. 6/20/2012		—			(1,187	)
	CDS-CDX	2,600,000 SHARES		(2,600,000	)		(2,600,000	)
	CDS-CDX	1,200,000 SHARES		(1,200,000	)		(1,200,000	)
	CDS-CDX	1,200,000 SHARES		(1,200,000	)		(1,200,000	)
	CDS-CDX	1,200,000 SHARES		(1,200,000	)		(1,200,000	)
	CDS-CDX	3,000,000 SHARES		(3,000,000	)		(3,000,000	)
	CDX	1,000,000 SHARES		19,112			7,057
	CDX	4,700,000 SHARES		174,731			18,828
	CMBX.NA	100,000 SHARES		28,498			27,873
	CSX			—			(15,828	)
	DS	1,063,337 SHARES		(1,063,337	)		(1,068,041	)
	INTEREST RATE SWAP-LEHMAN	SEMI-ANN, 4.95%, EX. 6/16/2012, 13,110,000		—			215,490
	INTEREST RATE SWAP-LEHMAN	SEMI-ANN, 5.32%, EX. 6/17/2020, 1,600,000		(1,600,000	)		(1,616,479	)
	INTEREST RATE SWAP-LEHMAN	QRTRLY, 0.00%, EX. 6/17/2012, 6,550,000		(6,550,000	)		(6,276,735	)
	INTEREST RATE SWAP	2,000,000 SHARES		—			37,415
	INTEREST RATE SWAP	2,000,000 SHARES		—			15,300
	INTEREST RATE SWAP	18,200,000 SHARES		329,703			715,400
	INTEREST RATE SWAP	14,200,000 SHARES		559,125			773,789
	ROYAL BANK OF SCOTLAND PLC	15,000,000 SHARES		1,159,500			737,985
	S&P500 EMINI FUTURE	EX. 12/18/2009, SIZE 50, 33		—			371
	SWAPTION	CALL SOCIETY, EX. 11/06/2009, 1,190,000		(41,769	)		(300,000	)
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 4/27/2009, 800,000		(1,240	)		—
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 6/22/2009, 22,800,000		(66,000	)		—
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 8/21/2009, 1,000,000		(6,200	)		—
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 11/23/2009, 3,000,000		(19,042	)		—
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 5/06/2009, 3,100,000		(69,665	)		(116,831	)
	W/CALL US TREASURY NOTE	CALL SOCIETY, EX. 5/22/2009, 86		(44,963	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	CALL SOCIETY, EX. 6/15/2009, 39		(29,555	)		(2,633	)
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 3/16/2009, 10		(1,572	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 9/14/2009, 156		(40,247	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 12/14/2009, 42		(14,595	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 3/16/2009, 12		(2,880	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 6/15/2009, 68		(57,510	)		(2,890	)
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 5/22/2009, 14,200,000		(111,141	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 5/22/2009, 12,600,000		(52,500	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 4/27/2009, 800,000		(5,240	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 6/22/2009, 22,800,000		(33,710	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 8/21/2009, 1,000,000		(6,200	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 11/23/2009, 23,000,000		(198,960	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 11/23/2009, 15,000,000		(128,733	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 8/21/2009, 14,000,000		(76,500	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 11/23/2009, 700,000		(3,360	)		—
	W/PUT US TREASURY NOTE	PUT SOCIETY, EX. 5/22/2009, 43		(69,799	)		—
	W/PUT US TREASURY NOTE	PUT SOCIETY, EX. 2/20/2009, 16		(27,420	)		(3,330	)
	W/PUT US TREASURY NOTE	PUT SOCIETY, EX. 2/20/2009, 20		(20,525	)		(5,413	)

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)			(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF			PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS			DISPOSITION

DERIVATIVES (CONTINUED):
	W/PUT US TREASURY NOTE	PUT SOCIETY, EX. 2/20/2009, 310		(628,138	)		(98,425	)
	W/PUT US TREASURY NOTE	PUT SOCIETY, EX. 2/20/2009, 9		(19,924	)		(15,092	)
	W/PUT USA TREASURY BDS	PUT SOCIETY, EX. 2/20/2009, 19		(56,905	)		(16,126	)
	W/PUT USA TREASURY BDS	PUT SOCIETY, EX. 2/20/2009, 15		(56,425	)		(38,981	)
	W/PUT USA TREASURY BDS	PUT SOCIETY, EX. 2/20/2009, 117		(239,103	)		(499,663	)
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 2/20/2009, 16		(27,991	)		(13,080	)
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 2/20/2009, 18		(39,519	)		(30,184	)
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 2/20/2009, 23		(23,963	)		(48,631	)
	US 10YR NOTE FUTURE	EX. 6/19/2009, SIZE 100,000, 809		—			1,887,039
	US 2YR NOTE FUTURE	EX. 12/31/2009, SIZE 200,000, 226		—			773,120
	10 YEAR TREASURY NOTES-CBT FUTURE	EX. 12/21/2009, SIZE 100,000, 230		—			309,522
	10 YEAR TREASURY NOTES-CBT FUTURE	EX. 9/21/2009, SIZE 100,000, 551		—			248,789
	2 YEAR TREASURY NOTES-CBT FUTURE	EX. 12/31/2009, SIZE 200,000, 182		—			220,581
	2 YEAR TREASURY NOTES-CBT FUTURE	EX. 6/30/2009, SIZE 200,000, 2		—			2,349
	2 YEAR TREASURY NOTES-CBT FUTURE	EX. 9/30/2009, SIZE 200,000, 452		—			37,714
	5 YEAR TREASURY NOTES-CBT FUTURE	EX. 9/30/2009, SIZE 100,000, 3		—			2,165
	5 YEAR TREASURY NOTES-CBT FUTURE	EX. 12/31/2009, SIZE 100,000, 267		—			927,157
	90DAY EURO$ FUTURE	EX. 12/16/2019, SIZE 250,000, 315		—			307,213
	W/CALL INTEREST RATE OPTION	CALL SOCIETY, EX. 12/29/2009, 8,500,000		(25,500	)		—
	W/CALL USA TREASURY NOTES	CALL SOCIETY, EX. 5/22/2009, 112		(21,957	)		—
	W/CALL USA TREASURY NOTES	CALL SOCIETY, EX. 5/22/2009, 119		(28,033	)		—
	W/PUT EURO DOLLAR FUTURE OPTION	PUT SOCIETY, EX. 9/14/2009, 67		(10,772	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 12/29/2009, 1,000,000		(6,119	)		—
	W/PUT INTEREST RATE OPTION	PUT SOCIETY, EX. 5/06/2009, 3,000,000		(750	)		—
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 5/22/2009, 35		(15,649	)		—
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 5/21/2010, 124		(41,372	)		—
	W/PUT USA TREASURY NOTES	PUT SOCIETY, EX. 5/22/2009, 4		(2,115	)		—

	TOTAL DERIVATIVES			(21,320,527	)		(14,981,829	)

SECURITIES SOLD SHORT:
	CASH COLLATERAL	5,030,000 SHARES		(5,030,000	)		(5,030,000	)
	CDS LEHMAN BROS	EX. 12/20/2012, 1,000,000		1,000,000			1,000,000
	CDS LEHMAN	EX. 5/25/2045, 1,300,000		1,300,000			1,300,000
	CDS	EX. 6/20/2012, 600,000		600,000			600,000
	CDS CDX	EX. 6/20/2012, 2,600,000		2,600,000			2,600,000
	CDS CDX	1,200,000 SHARES		1,200,000			1,200,000
	CDS CDX	EX. 6/20/2012, 1,200,000		1,200,000			1,200,000
	CDS CDX	EX. 12/20/2012, 1,200,000		1,200,000			1,200,000
	CDS CDX	EX. 12/20/2012, 3,000,000		3,000,000			3,000,000
	CDX	EX. 6/20/2013, 4,600,000		(101,074	)		—
	DOM MSTR FWD COLL	250,000 SHARES		(250,000	)		(250,000	)
	INTEREST RATE SWAP LEHMAN	SEMI-ANN, 5.32%, EX. 6/17/2020, 1,600,000		1,600,000			1,616,479
	INTEREST RATE SWAP LEHMAN	QUATERLY, 0.00%, EX. 6/17/2012, 6,550,000		6,550,000			6,276,735
	INTEREST RATE SWAP	500,000 SHARES		(52,555	)		(63,604	)
	INTEREST RATE SWAP	12,600,000 SHARES		—			(132,300	)
	INTEREST RATE SWAP	800,000 SHARES		(17,488	)		(32,134	)
	INTEREST RATE SWAP	1,300,000 SHARES		(21,083	)		—
	INTEREST RATE SWAP	1,500,000 SHARES		(34,913	)		—
	LSI OPEN POSITION NET PAYABLE	157,817 SHARES		(157,817	)		(160,834	)
	FEDERAL HOME LOAN MTG CORP	6.00%, EX. 4/15/2040, 500,000		(516,172	)		(523,125	)
	FEDERAL HOME LOAN MTG CORP	6.00%, EX. 1/15/2040, 500,000		511,836			515,469
	FEDERAL HOME LOAN MTG CORP	6.00%, EX. 3/15/2040, 500,000		(514,688	)		(517,773	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.00%, EX. 6/25/2040, 100,000		(102,406	)		(100,656	)

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4I)


(A)	(B)	(C)	(D)			(E)
		DESCRIPTION OF INVESTMENT
		INCLUDING MATURITY DATE, RATE
	IDENTITY OF ISSUE, BORROWER,	OF INTEREST, COLLATERAL, PAR, OR	COSTS OF			PROCEEDS OF
	LESSOR, OR SIMILAR PARTY	MATURITY VALUE	ACQUISITIONS			DISPOSITION

SECURITIES SOLD SHORT (CONTINUED):
	FEDERAL NATIONAL MORTGAGE ASSOC	5.00%, EX. 5/25/2040, 100,000		(102,625	)		(102,688	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.00%, EX. 4/25/2040, 100,000		(101,977	)		(102,918	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.50%, EX. 12/25/2040, 100,000		(104,344	)		(104,344	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.50%, EX. 6/25/2040, 26,000,000		(26,950,625	)		(26,650,586	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.50%, EX. 5/25/2040, 6,000,000		(6,221,914	)		(6,221,484	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.50%, EX. 11/25/2040, 2,100,000		(2,192,551	)		(2,199,564	)
	FEDERAL NATIONAL MORTGAGE ASSOC	5.50%, EX. 10/25/2040, 1,100,000		(1,137,237	)		(1,149,438	)
	FEDERAL NATIONAL MORTGAGE ASSOC	6.00%, EX. 8/25/2040, 1,000,000		(1,047,813	)		(1,044,453	)
	FEDERAL NATIONAL MORTGAGE ASSOC	6.00%, EX. 1/25/2040, 32,000,000		(34,075,430	)		(34,163,164	)
	FEDERAL NATIONAL MORTGAGE ASSOC	6.00%, EX. 5/25/2040, 2,000,000		(2,097,031	)		(2,093,438	)
	FEDERAL NATIONAL MORTGAGE ASSOC	6.00%, EX. 11/25/2040, 300,000		(314,859	)		(317,402	)
	GOVERNMENT NATIONAL MTG ASSOC	6.00%, EX. 11/15/2040, 200,000		(211,531	)		(212,063	)
	GOVERNMENT NATIONAL MTG ASSOC	6.00%, EX. 9/15/2040, 200,000		(209,969	)		(209,969	)

	TOTAL SECURITIES SOLD SHORT			(60,804,266	)		(60,873,254	)

OTHER:
	CASH COLLATERAL/MONEY MARKET	8,530,000 SHARES		3,500,000			3,500,000

	TOTAL OTHER			3,500,000			3,500,000


	TOTAL INVESTMENTS		$	105,521,782		$	123,481,511

THE JPMORGAN CHASE 401(k) SAVINGS PLAN
PLAN NUMBER: 002 — EIN: 13/4994650

SCHEDULE OF REPORTABLE TRANSACTIONS

FOR THE YEAR ENDED DECEMBER 31, 2009

(IRS FORM 5500 — SCHEDULE H — PART IV — LINE 4J)

(A)

(B)

(C)

(D)

(F)

(G)

(H)

(I)

CURRENT

EXPENSE

VALUE OF

IDENTITY

DESCRIPTION OF ASSET (INCLUDE

INCURRED

ASSET ON

OF PARTY

INTEREST RATE AND MATURITY IN CASE

PURCHASE

SELLING

WITH

COST OF

TRANSACTION

NET GAIN

INVOLVED

OF A LOAN)

PRICE

TRANSACTION

ASSET

DATE

OR (LOSS)

SERIES OF TRANSACTIONS — SCHEDULE H, PART IV, LINE 4J

JPMORGAN CHASE & CO COM STOCK, 113 BUYS

VARIOUS

468,555

885,018,624

884,550,070

(468,554

)

JPMORGAN CHASE & CO COM STOCK, 114 SELLS

VARIOUS

542,572

1,093,165,422

1,042,904,185

(50,261,237

)

JPMORGAN U.S. GOV’T CAPITAL, 1,823 BUYS

1.00

—

4,725,316,661

—

JPMORGAN U.S. GOV’T CAPITAL, 1,885 SELLS

1.00

—

4,936,331,633

—

U.S. OF AMERICA TREAS NOTES, 26 BUYS

VARIOUS

—

400,338,499

—

U.S. OF AMERICA TREAS NOTES, 25 SELLS

VARIOUS

—

396,362,134

400,287,679

3,925,545


NOTE 1:		THE THRESHOLD FOR REPORTING TRANSACTIONS UNDER DEPARTMENT OF LABOR PROVISIONS IS FIVE PERCENT OF THE FAIR VALUE OF THE PLAN’S NET ASSETS AT THE BEGINNING OF THE YEAR OF $10,771,076,203. FIVE PERCENT OF THIS AMOUNT IS $538,553,810.


NOTE 2:		COLUMN ‘(E) LEASE RENTAL’ HAS BEEN OMITTED, AS THERE IS NO DATA TO REPORT IN THIS COLUMN.


*		PARTY-IN-INTEREST INVESTMENTS


	Page
	Number(s)

Report of Independent Registered Public Accounting Firm		3

Financial statements:

Statements of Net Assets Available for Benefits as of December 31, 2009 and 2008		4

Statements of Changes in Net Assets Available for Benefits for the years ended December 31, 2009 and 2008		5

Notes to financial statements		6 – 23

Supplemental schedules:

Schedule of assets (held at end of year) at December 31, 2009		24 – 65

Schedule of assets (acquired and disposed of within year) for the year ended December 31, 2009		66 – 75

Schedule of reportable transactions at December 31, 2009		76

Index to Exhibit		77

Signature of Principal Accounting Officer		78

Exhibit		79

Exhibit 23.1


þ		ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


o		TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Exhibit No.		Exhibits	Page At Which Located

	23.1	Consent of Independent Registered Public Accounting Firm		79


	THE JPMORGAN CHASE 401(k) SAVINGS PLAN
	By:	/s/ Louis Rauchenberger
		Louis Rauchenberger
		JPMorgan Chase & Co. Managing Director and Controller (Principal Accounting Officer)