Should I use SSH, or TLS and SSL?
Chapter 11. Using Host On-Demand
Composición de la Cartera de Valores (Valor de mercado expresado en USD)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
1.780.000 Spirit Aerosystems 01.10.17/7,500% 1.940.200 0,04 12.597.000 Springleaf Finance 15.12.17/6,900% 9.015.043 0,17 655.000 Sprint Capital 01.05.19/6,900% 539.009 0,01 14.275.000 Sprint Capital 15.03.32/8,750% 11.616.281 0,22 2.400.000 Standard Pacific 15.05.18/8,375% 2.286.000 0,04
865.000 Starwood Hotels & Resorts
Worldwide 15.10.14/7,875% 975.287 0,02 880.000 Starwood Hotels & Resorts
Worldwide 15.05.18/6,750% 998.800 0,02 1.150.000 Supervalu 15.11.14/7,500% 1.175.875 0,02 2.895.000 Supervalu 01.05.16/8,000% 2.990.390 0,06 720.000 Tenet Healthcare 01.05.18/10,000% 826.200 0,02 1.210.000 Tenet Healthcare 01.07.19/8,875% 1.364.275 0,03 3.715.000 Tenet Healthcare 01.08.20/8,000% 3.733.575 0,07 3.555.000 Terex 15.11.17/8,000% 3.475.599 0,07 405.000 Triumph Group 15.07.18/8,625% 445.500 0,01 2.250.000 United Rentals North America 15.06.16/10,875% 2.508.750 0,05 1.730.000 United Rentals North America 15.12.19/9,250% 1.820.825 0,04 3.025.000 United Rentals North America 15.09.20/8,375% 2.951.674 0,06 515.000 Vulcan Materials 01.12.16/6,500% 534.312 0,01 2.019.000 Wachovia Capital Trust III 31.12.49/5,570%* 1.688.389 0,03 215.000 Whiting Petroleum 01.10.18/6,500% 225.481 0,00 486.554.361 9,15
IRLANDA
10.000.000 Ardagh Packaging Finance 144A 15.10.17/7,375% 12.785.792 0,24 5.950.000 Elan Finance 15.10.16/8,750% 6.370.219 0,12 19.156.011 0,36
PAÍSES BAJOS
660.000 Hertz Holdings Netherlands 31.07.15/8,500% 885.982 0,01 1.600.000 Hertz Holdings Netherlands 144A 31.07.15/8,500% 2.144.378 0,04 2.675.000 RBS 09.03.15/1,240%* 1.994.828 0,04 5.025.188 0,09
LUXEMBURGO
3.185.000 MagnaChip Semiconductor
Finance 15.04.18/10,500% 3.328.325 0,06 5.650.000 Wind Acquisition Finance 144A 15.02.18/7,250% 5.127.375 0,10 8.455.700 0,16
LIBERIA
1.600.000 Royal Caribbean Cruises 15.06.13/7,000% 1.687.592 0,03 56.000 Royal Caribbean Cruises 01.12.13/6,875% 59.473 0,00 2.212.000 Royal Caribbean Cruises 15.07.15/11,875% 2.621.220 0,05 2.456.000 Royal Caribbean Cruises 15.06.16/7,250% 2.663.507 0,05 7.031.792 0,13 NORUEGA 43.109.375 Boa Deep 27.04.16/8,660%* 6.774.917 0,13 6.774.917 0,13 REINO UNIDO 1.688.000 RBS 14.10.16/1,181%* 1.166.670 0,02 1.000.000 Towergate Finance 144A 15.02.18/8,500% 1.375.467 0,02 3.250.000 Towergate Finance 144A 15.02.19/10,500% 4.091.431 0,08 6.633.568 0,12 JAPÓN 4.500.000 eAccess 01.04.18/8,375% 5.086.246 0,09 1.000.000 eAccess 144A 01.04.18/8,250% 955.000 0,02 6.041.246 0,11 ISLAS MARSHALL
23.000.000 Teekay Offshore Partners 29.11.13/7,990%* 3.859.738 0,08 3.859.738 0,08 BERMUDAS 2.190.000 Aircastle 01.08.18/9,750% 2.304.975 0,05 2.304.975 0,05 FRANCIA 1.950.000 CMA CGM 144A 15.04.17/8,500% 877.500 0,01 1.660.000 CMA CGM 144A 15.04.19/8,875% 937.322 0,02 1.814.822 0,03 ALEMANIA
1.500.000 Kinove German Bondco 144A 15.06.18/9,625% 1.417.500 0,03 1.417.500 0,03
MÉXICO
1.000.000 Cemex SAB de 144A 30.09.15/5,579%* 753.750 0,01 753.750 0,01
CANADÁ
625.000 Nova Chemicals 01.11.19/8,625% 690.625 0,01 690.625 0,01
Total Obligaciones 556.514.193 10,46 Total Valores Mobiliarios Admitidos a Cotización
Oficial en una Bolsa de Valores 581.316.741 10,93 Valores Mobiliarios Negociados en Otro Mercado Reglamentado
Acciones EE.UU.
50.000 CoBank ACB 144A Preference Shares 2.284.375 0,04 69.000 CoBank ACB Preference Shares 3.730.312 0,07 6.014.687 0,11
Total Acciones 6.014.687 0,11
Obligaciones EE.UU.
12.801.000 AbitibiBowater 144A 15.10.18/10,250% 14.177.107 0,27 2.560.000 Academy Finance 144A 01.08.19/9,250% 2.540.800 0,05 2.750.000 Accellent 01.02.17/8,375% 2.708.750 0,05 1.640.000 Accellent 01.11.17/10,000% 1.336.600 0,03 3.205.000 ACE Cash Express 144A 01.02.19/11,000% 2.948.600 0,06 3.387.133 ACE Securities 2005-HE4 M1 25.07.35/0,794%* 3.294.256 0,06 2.245.000 AES 15.04.16/9,750% 2.581.750 0,05 4.000.000 AES Eastern Energy 02.01.29/9,670% 1.580.000 0,03 5.000.000 Affinia Group 30.11.14/9,000% 4.975.000 0,09 330.000 Aleris International 15.02.18/7,625% 322.162 0,01 3.910.000 Allison Transmission 144A 15.05.19/7,125% 3.831.800 0,07 1.800.000 Ally Financial 28.08.12/6,875% 1.827.000 0,03 1.525.000 Ally Financial 31.12.13/7,500% 1.576.087 0,03 4.560.000 Ally Financial 01.12.14/6,750% 4.588.979 0,09 9.580.000 Ally Financial 01.12.17/6,250% 9.069.099 0,17 4.000.000 Ally Financial 15.09.20/7,500% 4.032.000 0,08 3.850.000 Ally Financial 01.11.31/8,000% 3.759.737 0,07 2.245.000 AMC Entertainment 01.06.19/8,750% 2.334.800 0,04 2.100.000 AMC Entertainment 01.12.20/9,750% 2.005.500 0,04 4.850.000 American Airlines 2011-2 Class A
Pass Through Trust 15.10.21/8,625% 4.947.000 0,09 938.617 American Airlines Pass Through
Trust 09-1A 02.07.19/10,375% 985.548 0,02 640.057 American Airlines Pass Through
Trust 2001-01 23.05.19/7,377% 115.210 0,00 787.000 American Axle & Manufacturing
Holdings 144A 15.01.17/9,250% 857.830 0,02 1.166.110 American Home Mortgage
Assets 2006-2 2A1 25.09.46/0,484%* 551.454 0,01 950.000 American Standard Americas 144A 15.01.16/10,750% 570.000 0,01 1.305.000 American Tire Distributors 01.06.17/9,750% 1.350.675 0,03 1.330.000 Ameristar Casinos 15.04.21/7,500% 1.369.900 0,03 2.885.000 Amkor Technology 01.05.18/7,375% 2.949.624 0,06
2.248.451 Amresco Residential Securities
Mortgage Loan Trust 1998-3 M1A 25.09.28/0,924%* 1.675.199 0,03 1.170.000 Amsted Industries 144A 15.03.18/8,125% 1.246.050 0,02 7.773.000 Appleton Papers 144A 15.06.15/10,500% 7.704.986 0,15 1.000.000 Aptalis Pharma 01.03.16/12,750% 1.060.000 0,02 500.000 Aptalis Pharma 01.03.16/12,750% 530.000 0,01 755.000 Arch Coal 144A 15.06.19/7,000% 775.762 0,01 1.900.000 Arch Coal 144A 15.06.21/7,250% 1.957.000 0,04 1.125.000 Ashland 01.06.17/9,125% 1.260.000 0,02 1.590.000 Aspect Software 07.05.17/10,625% 1.649.625 0,03
680.380 Asset Backed Funding
Certificates 2005-HE2 M1 25.06.35/0,774%* 667.756 0,01 768.571 Asset Backed Funding
Certificates 2005-OPT1 A2C 25.07.35/0,654%* 720.641 0,01 950.909 Asset Backed Securities Corp
Home Equity 2005-HE4 M1 25.05.35/0,606%* 934.157 0,02 2.100.000 Associated Materials 01.11.17/9,125% 1.842.750 0,03 2.590.000 Atkore International 01.01.18/9,875% 2.499.350 0,05 1.695.000 Audatex North America 144A 15.06.18/6,750% 1.720.425 0,03 925.781 Avaya 01.11.15/10,125%* 837.832 0,02 2.150.000 Avaya 144A 01.04.19/7,000% 2.096.250 0,04 1.646.000 Avis Budget Car Rental 15.05.14/2,957%* 1.547.240 0,03 3.000.000 Avis Budget Car Rental 15.05.16/7,750% 3.037.500 0,06 2.275.000 Avis Budget Car Rental 15.03.18/9,625% 2.366.000 0,04 4.050.000 Avis Budget Car Rental / Avis
Budget Finance 15.01.19/8,250% 4.031.856 0,08
138
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
5.566.675 Banc of America Alternative
Loan Trust 2004-1 1A1 25.02.34/6,000% 5.877.334 0,11 2.908.317 Banc of America Alternative
Loan Trust 2004-12 2CB1 25.01.35/6,000% 3.024.801 0,06 3.004.149 Banc of America Alternative
Loan Trust 2005-2 2CB1 25.03.35/6,000% 2.671.896 0,05 3.600.205 Banc of America Alternative
Loan Trust 2006-4 2A1 25.05.21/6,000% 3.394.610 0,06 2.145.007 Banc of America Funding
2006-1 2A1 25.01.36/5,500% 2.021.089 0,04 3.973.406 Banc of America Funding
2006-3 4A19 25.03.36/5,750% 3.889.390 0,07 15.380.728 Banc of America Large Loan
2010-HLTN HLTN 15.11.15/2,028%* 13.928.241 0,26 2.200.000 Banc of America Merrill Lynch
Commercial Mortgage 2005-3 A4 10.07.43/4,668% 2.388.495 0,04 1.441.990 Banc of America Mortgage
Securities 2005-10 1A13 25.11.35/5,500% 1.371.961 0,03 2.431.566 Banc of America Mortgage
Securities 2005-11 2A1 25.12.20/5,250% 2.422.235 0,05 8.449.507 Banc of America Mortgage
Securities 2007-3 1A1 25.09.37/6,000% 7.306.669 0,14 11.312.000 Bank of America 31.12.49/8,000%* 9.923.395 0,19
901.000 BankAmerica Institutional
Capital B 144A 31.12.26/7,700% 804.142 0,02 1.245.000 Bausch & Lomb 01.11.15/9,875% 1.311.919 0,02 211.000 Belden 15.06.19/9,250% 226.297 0,00 3.227.000 Berry Plastics 15.05.18/9,500% 3.251.202 0,06 1.500.000 Berry Plastics 15.01.21/9,750% 1.507.500 0,03 10.625.000 Biomet 15.10.17/10,375% 11.581.250 0,22 1.415.000 Bon-Ton Department Stores 15.03.14/10,250% 894.216 0,02 1.830.000 BreitBurn Energy Partners /
BreitBurn Finance 15.10.20/8,625% 1.921.500 0,04 957.000 Brigham Exploration 01.10.18/8,750% 1.177.110 0,02 1.245.000 Building Materials Corp of
America 144A 15.08.18/6,875% 1.307.250 0,02 1.100.000 BuildingMaterials of America 144A 01.05.21/6,750% 1.146.750 0,02 4.401.000 Bumble Bee Acquisition 144A 15.12.17/9,000% 4.489.020 0,08 1.000.000 Burger King 15.10.18/9,875% 1.092.890 0,02 2.300.000 BWAY Holding 15.06.18/10,000% 2.461.000 0,05 17.245.000 Caesars Entertainment Operating 01.06.17/11,250% 18.387.481 0,35 1.940.000 Caesars Entertainment Operating 15.12.18/10,000% 1.338.600 0,03 1.165.000 Calpine 144A 15.10.17/7,250% 1.229.075 0,02 2.945.000 Calpine 144A 31.07.20/7,875% 3.187.962 0,06 2.408.000 Calpine 144A 15.02.21/7,500% 2.588.600 0,05 1.100.000 Calpine 144A 15.01.23/7,875% 1.188.000 0,02 555.000 Calumet Finance 144A 01.05.19/9,375% 541.125 0,01 777.919 Capmark Financial Group 30.09.14/7,000%* 784.726 0,01 6.250.736 Catalent Pharma Solutions 15.04.15/9,500%* 6.453.885 0,12 950.000 CCH II Capital 30.11.16/13,500% 1.100.812 0,02 1.355.000 CCO Holdings 01.06.20/7,375% 1.431.219 0,03 2.395.000 CCO Holdings Capital 30.10.17/7,250% 2.535.706 0,05 5.240.000 CCO Holdings Capital 30.04.18/7,875% 5.606.800 0,11 2.030.000 CCO Holdings Capital 15.01.19/7,000% 2.126.425 0,04 2.000.000 CCO Holdings Capital 30.04.21/6,500% 2.035.000 0,04 4.792.000 Cemex Finance 144A 14.12.17/9,625% 4.774.046 0,09 1.669.630 Centex Home Equity 2005-C AF6 25.06.35/4,638%* 1.617.728 0,03 4.260.000 Central Garden and Pet 01.03.18/8,250% 4.196.100 0,08 917.000 Cenveo 144A 15.08.16/10,500% 776.011 0,01 5.670.000 Cequel Communications Holdings I
and Cequel Capital 144A 15.11.17/8,625% 5.967.675 0,11 400.000 Chemtura 01.09.18/7,875% 414.000 0,01 1.560.000 Chesapeake Oilfield
Operating/Chesapeake Oilfield
Finance 144A 15.11.19/6,625% 1.630.200 0,03 4.295.000 Chrysler Group Co-Issuer 144A 15.06.19/8,000% 3.962.137 0,07 17.550.000 Chrysler Group Co-Issuer 144A 15.06.21/8,250% 16.146.000 0,30
1.250.000 Chukchansi Economic
Development Authority 144A 15.11.12/4,159%* 793.750 0,01 6.350.000 Chukchansi Economic
Development Authority 144A 15.11.13/8,000% 4.127.500 0,08 820.000 Cinemark USA 15.06.21/7,375% 842.550 0,02 1.750.000 CIT Group 144A 01.04.18/6,625% 1.828.750 0,03 4.700.000 CIT Group 144A 02.05.16/7,000% 4.701.950 0,09 5.000.000 CIT Group 144A 02.05.17/7,000% 4.997.925 0,09 1.500.000 Citgo Petroleum 144A 01.07.17/11,500% 1.672.500 0,03
759.740 Citicorp Mortgage Securities
2007-2 1A5 25.02.37/5,750% 753.529 0,01 1.500.000 Citicorp Residential Mortgage
Securities 2006-1 A4 25.07.36/5,939%* 1.424.323 0,03 909.730 Citigroup Mortgage Loan Trust
2005-WF2 AF4 25.08.35/4,964%* 867.182 0,02 2.576.482 Citigroup Mortgage Loan Trust
2006-4 1A1 25.12.20/5,500% 2.293.274 0,04 1.358.927 Citigroup Mortgage Loan Trust
2007-AMC1 A2A 25.12.36/0,334%* 1.067.525 0,02
2.726.986 Citimortgage Alternative Loan
Trust 2006-A1 1A5 25.04.36/5,500% 1.950.685 0,04 879.673 Citimortgage Alternative Loan
Trust 2006-A1 1A6 25.04.36/6,000% 641.229 0,01 995.239 Citimortgage Alternative Loan
Trust 2007-A1 1A7 25.01.37/6,000% 619.076 0,01 4.341.426 Citimortgage Alternative Loan
Trust 2007-A6 1A5 25.06.37/6,000% 2.955.161 0,06 6.945.000 CityCenter Finance 144A 15.01.16/7,625% 7.153.350 0,13 15.076.612 CityCenter Finance 144A 15.01.17/10,750% 15.604.293 0,29 8.331.000 CKE Restaurants 15.07.18/11,375% 9.122.445 0,17 1.905.000 Claire’s Stores 15.03.19/8,875% 1.457.325 0,03 13.030.000 Clear Channel Communications 01.03.21/9,000% 11.042.925 0,21 12.015.000 Clear Channel Worldwide
Holdings 15.12.17/9,250% 13.036.275 0,25 2.000.000 Clear Channel Worldwide
Holdings 15.12.17/9,250% 2.160.000 0,04 1.320.000 Clearwater Paper 15.06.16/10,625% 1.478.400 0,03 120.000 Clearwater Paper 01.11.18/7,125% 125.400 0,00 14.021.000 Clearwire Finance 144A 01.12.15/12,000% 13.390.055 0,25 6.700.000 Clearwire Finance 144A 01.12.15/12,000% 6.398.500 0,12 1.640.000 Cloud Peak Energy Resources 15.12.17/8,250% 1.754.800 0,03 6.020.000 CNG Holdings 144A 15.02.15/12,250% 6.230.700 0,12 1.610.000 CNH Capital 144A 01.11.16/6,250% 1.666.350 0,03 4.430.000 CNL Lifestyle Properties 15.04.19/7,250% 4.119.900 0,08 1.285.000 Cogent Communications Group 144A 15.02.18/8,375% 1.326.762 0,02 1.608.000 Colt Defense 144A 15.11.17/8,750% 1.117.560 0,02 1.801.000 Commercial Barge Line 15.07.17/12,500% 1.945.080 0,04 3.000.000 Commercial Mortgage Pass
Through Certificates 2011-THL D 09.06.28/5,605% 3.009.213 0,06 1.000.000 Commercial Mortgage Pass
Through Certificates 2011-THL E 09.06.28/5,949% 997.333 0,02 3.195.000 CommScope 144A 15.01.19/8,250% 3.195.000 0,06 920.000 Community Choice Financial 144A 01.05.19/10,750% 913.100 0,02 640.000 Consol Energy 01.04.17/8,000% 704.000 0,01 470.000 Consol Energy 01.04.20/8,250% 520.525 0,01 5.945.247 Continental Airlines 2003-ERJ1 02.07.18/7,875% 5.796.615 0,11 3.139.439 Continental Airlines 2004-ERJ1 01.09.19/9,558% 3.249.320 0,06 6.057.426 Continental Airlines 2005-ERJ1 01.04.21/9,798% 6.269.436 0,12 2.425.144 Continental Airlines
2006-ERJ1 144A 01.11.19/9,318% 2.449.395 0,05 1.578.552 Countrywide Alternative Loan
Trust 2004-5CB 2A1 25.05.19/5,000% 1.616.762 0,03 858.911 Countrywide Alternative Loan
Trust 2005-28CB 1A5 25.08.35/5,500% 843.832 0,02 7.393.283 Countrywide Alternative Loan
Trust 2005-28CB 1A6 25.08.35/5,500% 6.359.103 0,12 1.403.679 Countrywide Alternative Loan
Trust 2005-50CB 4A1 25.11.20/5,000% 1.209.826 0,02 7.045.837 Countrywide Alternative Loan
Trust 2005-70CB A5 25.12.35/5,500% 5.598.213 0,11 2.213.533 Countrywide Alternative Loan
Trust 2005-J11 5A1 25.11.20/5,500% 1.954.846 0,04 2.146.359 Countrywide Alternative Loan
Trust 2005-J3 3A1 25.09.34/6,500% 2.081.561 0,04 4.331.875 Countrywide Alternative Loan
Trust 2005-J6 2A1 25.07.25/5,500% 4.024.732 0,08 3.102.971 Countrywide Alternative Loan
Trust 2006-19CB A15 25.08.36/6,000% 2.248.793 0,04 2.909.092 Countrywide Alternative Loan
Trust 2006-24CB A1 25.06.36/6,000% 2.492.895 0,05 6.600.634 Countrywide Alternative Loan
Trust 2006-24CB A23 25.06.36/6,000% 4.506.592 0,08 1.280.003 Countrywide Alternative Loan
Trust 2006-28CB A17 25.10.36/6,000% 799.050 0,02 5.357.993 Countrywide Alternative Loan
Trust 2006-31CB A3 25.11.36/6,000% 3.820.265 0,07 1.254.457 Countrywide Alternative Loan
Trust 2006-41CB 2A17 25.01.37/6,000% 821.232 0,02 464.995 Countrywide Alternative Loan
Trust 2006-J3 2A1 25.12.20/4,750% 421.377 0,01 1.511.574 Countrywide Alternative Loan
Trust 2007-5CB 1A31 25.04.37/5,500% 862.298 0,02 495.923 Countrywide Alternative Loan
Trust 2008-2R 2A1 25.08.37/6,000% 370.970 0,01 1.250.000 Countrywide Asset-Backed
Certificates 2005-12 1A4 25.02.36/5,323%* 1.195.613 0,02 2.142.209 Countrywide Home Loan
Mortgage Pass Through Trust
2005-10 A1 25.05.35/5,500% 2.095.251 0,04 2.876.753 Countrywide Home Loan
Mortgage Pass Through Trust
2005-20 A7 25.12.27/5,250% 2.563.072 0,05 1.020.089 Countrywide Home Loan
Mortgage Pass Through Trust
2005-21 A2 25.10.35/5,500% 906.871 0,02 3.194.703 Countrywide Home Loan
Mortgage Pass Through Trust
2006-15 A1 25.10.36/6,250% 2.631.474 0,05
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
2.447.905 Countrywide Home Loan Mortgage Pass Through Trust
2006-20 1A36 25.02.37/5,750% 2.049.286 0,04 11.546.090 Countrywide Home Loan
Mortgage Pass Through Trust
2007-16 A1 25.10.37/6,500% 9.842.869 0,19 9.899.795 Countrywide Home Loan
Mortgage Pass Through Trust
2007-17 1A1 25.10.37/6,000% 8.790.047 0,17 2.809.818 Crédit Suisse First Boston
Mortgage Securities 2003-AR24
2A4 25.10.33/2,560%* 2.359.533 0,04 767.039 Crédit Suisse First Boston
Mortgage Securities
2004-AR3 6M1 25.04.34/1,394%* 703.958 0,01 1.939.998 Credit-Based Asset Servicing
and Securitization
2005-CB4 AF4 25.08.35/5,028%* 1.905.520 0,04 1.530.000 Cricket Communications 15.10.20/7,750% 1.344.174 0,03 2.685.000 Crosstex Energy 15.02.18/8,875% 2.940.075 0,06 5.645.000 Del Monte 15.02.19/7,625% 5.419.200 0,10 1.403.098 Delta Air Lines 2007-1 C 10.08.14/8,954% 1.399.590 0,03
1.175.976 Deutsche ALT-A Securities
Alternate Loan Trust 2005-1 2A1 25.02.20/5,579%* 1.202.237 0,02 1.320.000 DineEquity 30.10.18/9,500% 1.423.950 0,03 7.600.000 Discover Bank 18.11.19/8,700% 8.666.212 0,16 3.945.000 DISH DBS 01.02.16/7,125% 4.272.021 0,08 10.135.000 DISH DBS 01.09.19/7,875% 11.520.556 0,22 1.615.000 DISH DBS 01.06.21/6,750% 1.748.238 0,03 1.710.000 DJO Finance 15.04.18/7,750% 1.320.975 0,02 2.460.000 DJO Finance 15.11.14/10,875% 2.312.400 0,04 1.310.000 Dole Food 144A 01.10.16/8,000% 1.370.588 0,03 6.115.000 Downstream Development
Authority of the Quapaw Tribe
of Oklahoma 144A 01.07.19/10,500% 5.824.538 0,11 2.825.000 Eagle Parent 144A 01.05.19/8,625% 2.683.750 0,05 2.480.000 Eagle Rock Energy Partners /
Eagle Rock Energy Finance 144A 01.06.19/8,375% 2.480.000 0,05 4.480.000 Easton-Bell Sports 01.12.16/9,750% 4.894.400 0,09 1.065.000 EH Holding 144A 15.06.19/6,500% 1.110.263 0,02 530.000 EH Holding 144A 15.06.21/7,625% 553.188 0,01 620.000 Endo Pharmaceuticals Holdings 15.07.19/7,000% 661.850 0,01 1.240.000 Energy Future Holdings 15.01.20/10,000% 1.308.200 0,02 1.850.000 EV Energy Partners / EV Energy
Finance 15.04.19/8,000% 1.887.000 0,04 2.161.831 Fannie Mae Interest Strip 366 18 01.10.35/4,000% 181.079 0,00 2.907.998 Fannie Mae Interest Strip 377 2 01.10.36/5,000% 431.705 0,01 4.225.279 Fannie Mae Interest Strip 379 2 01.05.37/5,500% 532.969 0,01 11.008.903 Fannie Mae Interest Strip 390 C7 25.07.23/4,000% 789.435 0,01 17.177.344 Fannie Mae Interest Strip 390 C8 25.07.23/4,500% 1.433.445 0,03 4.414.746 Fannie Mae REMICS 2003-22 IO 25.04.33/6,000% 701.412 0,01 6.683.379 Fannie Mae REMICS 2003-80 DI 25.10.31/5,500% 616.255 0,01 2.259.733 Fannie Mae REMICS 2004-17 DS 25.11.32/6,856%* 173.588 0,00 1.878.812 Fannie Mae REMICS 2004-41 SA 25.02.32/6,856%* 128.169 0,00 536.839 Fannie Mae REMICS 2004-52 SX 25.09.32/6,756%* 42.454 0,00 4.725.592 Fannie Mae REMICS 2004-60 SW 25.04.34/6,756%* 728.063 0,01 1.579.732 Fannie Mae REMICS 2004-61 NS 25.08.34/7,406%* 358.069 0,01 4.080.834 Fannie Mae REMICS 2004-72 S 25.09.34/6,206%* 726.218 0,01 3.565.128 Fannie Mae REMICS 2004-92 SQ 25.05.34/6,356%* 504.041 0,01 2.080.112 Fannie Mae REMICS 2005-13 AS 25.03.35/5,806%* 269.546 0,01 4.376.089 Fannie Mae REMICS 2005-23 SG 25.04.35/6,406%* 769.735 0,01 6.169.808 Fannie Mae REMICS 2005-57 DI 25.03.35/6,406%* 769.077 0,01 16.131.079 Fannie Mae REMICS 2005-74 SE 25.09.35/5,806%* 2.279.225 0,04 7.514.240 Fannie Mae REMICS 2005-79 NS 25.09.35/5,796%* 1.101.107 0,02 9.412.114 Fannie Mae REMICS 2005-82 SY 25.09.35/6,436%* 1.706.103 0,03 6.071.711 Fannie Mae REMICS 2005-90 SP 25.09.35/6,456%* 850.982 0,02 2.564.228 Fannie Mae REMICS 2006-106 CS 25.11.36/6,296%* 425.256 0,01 2.514.446 Fannie Mae REMICS 2006-108 S 25.11.36/6,906%* 475.386 0,01 4.191.636 Fannie Mae REMICS 2006-109 SG 25.11.36/6,336%* 709.455 0,01 6.808.415 Fannie Mae REMICS 2006-113 PQ 25.07.36/6,356%* 865.412 0,02 4.112.675 Fannie Mae REMICS 2006-20 IG 25.04.36/6,356%* 673.086 0,01 4.892.387 Fannie Mae REMICS 2006-3 SB 25.07.35/6,406%* 759.265 0,01 12.827.764 Fannie Mae REMICS 2006-43 SD 25.06.36/6,306%* 1.794.139 0,03 8.717.989 Fannie Mae REMICS 2006-56 SA 25.11.35/5,196%* 922.403 0,02 22.285.530 Fannie Mae REMICS 2006-58 SI 25.07.36/6,246%* 3.375.226 0,06 10.886.229 Fannie Mae REMICS 2006-70 JI 25.06.36/6,306%* 1.605.257 0,03 1.908.581 Fannie Mae REMICS 2006-72 XI 25.08.36/6,206%* 251.380 0,00 6.743.067 Fannie Mae REMICS 2007-109 GI 25.12.37/5,776%* 1.133.945 0,02 19.336.076 Fannie Mae REMICS 2007-33 SD 25.04.37/5,816%* 3.001.187 0,06 17.864.903 Fannie Mae REMICS 2007-36 SB 25.04.37/6,306%* 3.041.205 0,06 9.844.042 Fannie Mae REMICS 2007-55 S 25.06.37/6,466%* 1.782.906 0,03 2.724.406 Fannie Mae REMICS 2007-88 MI 25.09.37/6,226%* 464.242 0,01 6.973.465 Fannie Mae REMICS 2008-17 KS 25.11.37/6,056%* 974.402 0,02 3.041.548 Fannie Mae REMICS 2008-41 S 25.11.36/6,506%* 535.569 0,01 11.641.942 Fannie Mae REMICS 2008-61 S 25.07.38/5,806%* 1.714.464 0,03 15.616.892 Fannie Mae REMICS 2008-71 SB 25.10.29/6,191%* 1.206.172 0,02 31.870.295 Fannie Mae REMICS 2008-92 SA 25.12.38/6,156%* 5.700.009 0,11 25.116.372 Fannie Mae REMICS 2009-110 SD 25.01.40/6,956%* 4.325.665 0,08
30.500.747 Fannie Mae REMICS 2009-87 SG 25.11.39/5,956%* 4.734.973 0,09 11.538.066 Fannie Mae REMICS 2009-95 HI 25.12.38/6,000% 1.668.037 0,03 7.690.336 Fannie Mae REMICS 2010-102 S 25.09.40/6,256%* 1.263.859 0,02 24.997.333 Fannie Mae REMICS 2010-107 PS 25.06.40/6,336%* 4.346.731 0,08 11.622.964 Fannie Mae REMICS 2010-107 SP 25.06.40/6,356%* 2.072.198 0,04 20.760.771 Fannie Mae REMICS 2010-131 SA 25.11.40/6,306%* 3.558.296 0,07 44.411.974 Fannie Mae REMICS 2010-134 SB 25.08.38/5,806%* 5.077.976 0,10 21.616.202 Fannie Mae REMICS 2010-135 SE 25.01.40/5,696%* 3.345.492 0,06 23.377.644 Fannie Mae REMICS 2010-136 CS 25.06.38/5,706%* 2.553.234 0,05 33.630.214 Fannie Mae REMICS 2010-139 SA 25.12.40/5,736%* 5.338.020 0,10 26.391.343 Fannie Mae REMICS 2010-99 SD 25.03.39/5,806%* 3.084.332 0,06 18.867.540 Fannie Mae REMICS 2011-118 CS 25.10.39/6,206%* 2.932.944 0,06 39.786.287 Fannie Mae REMICS 2011-86 KS 25.09.41/5,656%* 5.634.176 0,11 9.191.957 Fannie Mae REMICS 2011-93 ES 25.09.41/6,206%* 1.668.387 0,03 40.000.000 Federal Home Loan Mortgage 04.02.13/0,245%* 40.027.640 0,75 5.780.865 FGI Holding 01.10.15/11,250%* 5.766.413 0,11
820.000 Fidelity National Information
Services 144A 15.07.17/7,625% 887.650 0,02 4.283.000 FireKeepers Development
Authority 144A 01.05.15/13,875% 4.882.620 0,09 3.183.000 First Data 24.09.15/9,875% 3.007.935 0,06 3.450.000 First Data 144A 15.06.19/7,375% 3.247.313 0,06 3.225.000 First Data 144A 15.08.20/8,875% 3.220.969 0,06 3.905.000 First Data 144A 15.01.21/8,250% 3.475.450 0,07 8.978.000 First Data 144A 15.01.21/12,625% 7.833.305 0,15 8.521.000 First Data 144A 15.01.22/8,750%* 7.370.665 0,14 1.450.140 First Horizon Alternative Mortgage
Securities 2006-FA7 A1 25.12.36/5,750% 979.027 0,02 3.739.954 First Horizon Asset Securities
2007-5 A4 25.11.37/6,250% 3.175.135 0,06 5.506.141 Freddie Mac REMICS 2906 SW 15.11.34/6,422%* 502.911 0,01 8.837.782 Freddie Mac REMICS 3001 IH 15.05.35/6,422%* 1.460.583 0,03 22.597.181 Freddie Mac REMICS 3045 DI 15.10.35/6,452%* 3.836.773 0,07 10.152.169 Freddie Mac REMICS 3153 JI 15.05.36/6,342%* 1.795.572 0,03 9.796.584 Freddie Mac REMICS 3155 PS 15.05.36/6,872%* 1.466.480 0,03 19.957.545 Freddie Mac REMICS 3171 ST 15.06.36/6,207%* 3.192.106 0,06 3.232.625 Freddie Mac REMICS 3218 AS 15.09.36/6,302%* 557.933 0,01 3.252.733 Freddie Mac REMICS 3236 IS 15.11.36/6,372%* 518.795 0,01 13.830.264 Freddie Mac REMICS 3240 S 15.11.36/6,342%* 2.365.942 0,04 3.823.065 Freddie Mac REMICS 3244 SB 15.11.36/6,382%* 616.932 0,01 1.543.213 Freddie Mac REMICS 3279 SD 15.02.37/6,152%* 208.369 0,00 11.734.314 Freddie Mac REMICS 3303 SD 15.04.37/5,182%* 1.718.271 0,03 6.249.027 Freddie Mac REMICS 3311 IA 15.05.37/6,132%* 1.006.645 0,02 6.249.027 Freddie Mac REMICS 3311 IB 15.05.37/6,132%* 1.006.632 0,02 6.249.027 Freddie Mac REMICS 3311 IC 15.05.37/6,132%* 1.006.632 0,02 6.249.027 Freddie Mac REMICS 3311 ID 15.05.37/6,132%* 1.006.645 0,02 2.805.348 Freddie Mac REMICS 3370 SH 15.10.37/6,172%* 505.958 0,01 12.155.188 Freddie Mac REMICS 3612 JI 15.05.24/4,500% 1.163.410 0,02 5.594.922 Freddie Mac REMICS 3673 SA 15.05.40/6,142%* 879.758 0,02 7.569.782 Freddie Mac REMICS 3692 PS 15.05.38/6,322%* 1.160.117 0,02 15.978.599 Freddie Mac REMICS 3751 MI 15.02.34/4,000% 878.940 0,02 34.073.475 Freddie Mac REMICS 3754 NS 15.11.34/6,372%* 3.864.249 0,07 2.876.050 Freddie Mac REMICS 3762 CS 15.04.35/6,422%* 407.693 0,01 9.361.906 Freddie Mac REMICS 3762 JS 15.04.35/6,422%* 1.170.919 0,02 40.043.621 Freddie Mac REMICS 3763 LS 15.02.39/5,722%* 5.043.282 0,09 17.703.931 Freddie Mac REMICS 3767 DS 15.02.39/6,422%* 2.892.107 0,05 23.102.251 Freddie Mac REMICS 3803 DS 15.11.35/6,322%* 3.167.785 0,06 1.660.000 Freescale Semiconductor 01.02.20/8,050% 1.568.700 0,03 6.890.000 Freescale Semiconductor 144A 15.03.18/10,125% 7.544.550 0,14 4.135.000 Freescale Semiconductor 144A 15.04.18/9,250% 4.439.956 0,08 2.260.000 GCI 15.11.19/8,625% 2.409.725 0,05 4.000.000 General Motors 15.07.23/8,250% 50.000 0,00
1.650.000 Genworth Life Institutional
Funding Trust 03.05.13/5,875% 1.677.192 0,03 1.330.000 Georgia-Pacific 144A 01.05.16/8,250% 1.477.542 0,03 2.000.000 Gibraltar Industries 01.12.15/8,000% 2.010.000 0,04 8.043.610 Ginnie Mae 2005-13 20.02.35/6,515% 1.492.502 0,03 1.070.000 GMX Resources 144A 15.02.19/11,375% 732.950 0,01 3.250.000 Goodman Networks 144A 01.07.18/12,125% 3.120.000 0,06
1.752.001 Government National Mortgage
Association 2001-57 SF 17.05.29/7,917%* 368.280 0,01 1.462.807 Government National Mortgage
Association 2003-42 SE 16.01.30/6,317%* 255.257 0,00 734.983 Government National Mortgage
Association 2003-46 SB 16.06.33/6,997%* 149.459 0,00 2.602.454 Government National Mortgage
Association 2003-82 16.09.33/6,317% 429.024 0,01 2.261.427 Government National Mortgage
Association 2004-76 S 20.09.34/6,315%* 378.258 0,01 832.453 Government National Mortgage
Association 2005-7 NL 17.03.33/6,467%* 133.602 0,00 3.895.127 Government National Mortgage
Association 2008-54 NI 16.06.38/5,967%* 692.340 0,01 6.613.070 Government National Mortgage
Association 2009-41 GS 16.06.39/5,767%* 880.204 0,02 17.259.347 Government National Mortgage
Association 2009-76 SB 16.09.39/5,817%* 2.845.807 0,05
140
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
16.203.359 Government National Mortgage
Association 2011-13 SA 16.01.41/5,667%* 2.452.490 0,05 2.200.000 Graham Packaging 15.10.14/9,875% 2.246.750 0,04 2.670.000 Great Lakes Dredge & Dock 01.02.19/7,375% 2.656.650 0,05
1.830.360 Greenpoint Mortgage Funding
Trust 2005-AR4 4A1A 25.10.45/0,604%* 945.459 0,02 2.320.000 Griffon 01.04.18/7,125% 2.308.400 0,04 773.634 GSAA Trust 2005-15 M2 25.01.36/0,727%* 732 0,00 1.340.000 GWR Operating Partnership 01.04.17/10,875% 1.460.600 0,03 1.935.000 GXS Worldwide 15.06.15/9,750% 1.809.225 0,03 3.205.000 Gymboree 01.12.18/9,125% 2.820.400 0,05 1.051.000 Hanesbrands 15.12.14/4,146%* 1.051.000 0,02 220.000 Hanesbrands 15.12.20/6,375% 224.480 0,00
98.831 Harborview Mortgage Loan
Trust 2005-11 2A1A 19.08.45/0,595%* 65.158 0,00 341.110 Harborview Mortgage Loan
Trust 2005-16 2A1A 19.01.36/0,525%* 185.321 0,00 468.444 Harborview Mortgage Loan
Trust 2005-8 1A2A 19.09.35/0,615%* 259.317 0,00 94.016 Harborview Mortgage Loan
Trust 2005-9 2A1A 20.06.35/0,625%* 70.324 0,00 7.908.000 Harland Clarke Holdings 15.05.15/6,000%* 5.219.280 0,10 6.490.000 Harland Clarke Holdings 15.05.15/9,500% 4.737.700 0,09 2.400.000 Hartford Life Institutional
Funding 15.08.13/0,777%* 2.392.699 0,05 4.030.000 HCA Holdings 15.05.21/7,750% 4.120.675 0,08
1.355.000 Health Management
Associates 144A 15.01.20/7,375% 1.410.894 0,03 4.914.000 Helix Energy Solutions
Group 144A 15.01.16/9,500% 5.135.130 0,10 3.150.000 Hertz 15.10.18/7,500% 3.307.500 0,06 2.210.000 Hertz 30.11.12/6,750% 2.226.575 0,04 240.000 Hertz 15.01.21/7,375% 245.100 0,00 2.635.000 Hexion US Finance 01.02.18/8,875% 2.483.488 0,05 920.000 Hexion US Finance 15.11.20/9,000% 763.600 0,01 2.240.000 Hillman Group 01.06.18/10,875% 2.228.800 0,04
1.247.860 Home Equity Asset Trust
2005-2 M2 25.07.35/0,774%* 1.191.032 0,02 1.120.000 Host Hotels & Resorts 15.05.17/9,000% 1.223.600 0,02 1.150.000 HSN 01.08.16/11,250% 1.273.625 0,02 11.600.000 HUB International Holdings 144A 15.06.15/10,250% 11.542.000 0,22 2.170.000 Huntsman International 15.03.20/8,625% 2.311.050 0,04 1.615.000 Huntsman International 15.03.21/8,625% 1.719.975 0,03 637.000 IASIS Healthcare 15.05.19/8,375% 558.171 0,01 1.470.000 iGate 144A 01.05.16/9,000% 1.525.125 0,03 6.680.000 ILFC E-Capital Trust I 144A 21.12.65/4,340%* 3.918.822 0,07 5.643.000 ILFC E-Capital Trust II 144A 21.12.65/6,250%* 3.837.240 0,07 1.075.591 Impac CMB Trust 2005-5 A1 25.08.35/0,934%* 632.235 0,01
256.567 Indymac Index Mortgage Loan
Trust 2005-AR14 2A1A 25.07.35/0,594%* 144.486 0,00 1.260.000 Inergy & Inergy Finance 01.10.18/7,000% 1.285.200 0,02 170.000 Inergy & Inergy Finance 01.08.21/6,875% 171.700 0,00 1.500.000 Ingles Markets 15.05.17/8,875% 1.627.500 0,03 3.000.000 Intcomex 15.12.14/13,250% 2.857.500 0,05 1.575.000 Integra Telecom Holdings 144A 15.04.16/10,750% 1.291.500 0,02 2.100.000 Interactive Data 01.08.18/10,250% 2.310.000 0,04 1.525.000 Interline Brands 15.11.18/7,000% 1.582.188 0,03 6.475.000 International Lease Finance 15.09.15/8,625% 6.587.082 0,12 5.170.000 International Lease Finance 15.03.17/8,750% 5.338.025 0,10 2.003.000 inVentiv Health144A 15.08.18/10,000% 1.812.715 0,03 472.000 inVentiv Health 144A 15.08.18/10,000% 427.160 0,01 1.329.999 iPCS 01.05.14/3,679%* 1.163.749 0,02 10.280.000 Isle of Capri Casinos 01.03.14/7,000% 9.663.200 0,18 2.500.000 Isle of Capri Casinos 15.03.19/7,750% 2.290.625 0,04 1.815.000 ITC Deltacom 01.04.16/10,500% 1.860.375 0,04 3.450.000 J Crew Group 01.03.19/8,125% 3.312.000 0,06 1.585.000 James River Coal 01.04.19/7,875% 1.204.600 0,02 9.031.000 JB Poindexter & Co. 15.03.14/8,750% 9.042.289 0,17 946.000 JBS USA 01.05.14/11,625% 1.074.893 0,02 2.276.000 Jefferson Smurfit 01.10.12/8,250% 54.055 0,00 1.488.025 JP Morgan Alternative Loan
Trust 2006-A4 A1 25.09.36/5,950%* 1.456.015 0,03 690.000 Kennedy-Wilson 144A 01.04.19/8,750% 676.200 0,01 4.600.000 Kinetic Concepts 144A 01.11.18/10,500% 4.519.500 0,09 1.520.000 Landry’s Holdings 144A 01.06.14/11,500% 1.497.200 0,03 5.015.000 Landry’s Restaurants 01.12.15/11,625% 5.303.363 0,10 2.810.000 Lawson Software 144A 15.07.18/11,500% 2.739.750 0,05 5.623.485 Lehman Mortgage Trust
2005-1 7A1 25.11.20/5,500% 5.476.651 0,10 2.156.482 Lehman Mortgage Trust
2006-4 3A1 25.08.21/5,000% 1.935.979 0,04 4.955.000 Level 3 Communications 01.02.19/11,875% 5.289.463 0,10 4.165.000 Level 3 Escrow 144A 01.07.19/8,125% 4.133.763 0,08 8.609.000 Level 3 Financing 01.11.14/9,250% 8.845.748 0,17 5.150.000 Level 3 Financing 01.02.18/10,000% 5.484.750 0,10 6.610.000 Level 3 Financing 01.04.19/9,375% 6.932.238 0,13
2.400.000 Liberty Mutual Group 144A 15.03.37/7,800% 2.154.000 0,04 13.725.000 Liberty Mutual Group 144A 15.06.58/10,750%* 17.362.125 0,33 1.800.000 Liberty Tire Recycling 144A 01.10.16/11,000% 1.804.500 0,03 1.400.000 Linn Energy 15.04.20/8,625% 1.524.250 0,03 990.000 Linn Energy 01.02.21/7,750% 1.034.550 0,02 1.415.000 Linn Energy 144A 15.05.19/6,500% 1.407.925 0,03 1.200.000 Long Beach Mortgage Loan
Trust 2004-3 M1 25.07.34/1,149%* 850.051 0,02 370.000 Longview Fibre Paper &
Packaging 144A 01.06.16/8,000% 371.850 0,01 1.329.000 Lyondell Chemical 01.11.17/8,000% 1.455.255 0,03 627.000 Lyondell Chemical 01.11.17/8,000% 686.565 0,01 24.230.642 Lyondell Chemical 01.05.18/11,000% 26.489.907 0,50 1.635.000 Mantech International 15.04.18/7,250% 1.673.831 0,03 540.000 Marina District Finance 15.10.15/9,500% 504.900 0,01 4.185.000 Marina District Finance 15.08.18/9,875% 3.744.947 0,07 3.547.689 MASTR Alternative Loans Trust
2005-5 3A1 25.08.35/5,750% 2.892.915 0,05 3.025.000 McJunkin Red Man 15.12.16/9,500% 3.070.375 0,06 49.000 Mediacom 15.08.19/9,125% 52.246 0,00 2.000.000 Mediacom Broadband 15.10.15/8,500% 2.059.500 0,04 1.955.000 MEMC Electronic Materials 01.04.19/7,750% 1.427.150 0,03 1.600.000 MetLife Capital Trust X 144A 08.04.38/9,250% 1.800.000 0,03 17.105.000 MetLife Institutional
Funding II 144A 12.07.12/0,794%* 17.124.414 0,32 1.800.000 Metropolitan Life Global
Funding I 144A 10.04.13/5,125% 1.880.746 0,04 2.100.000 Metropolitan Life Global
Funding I 144A 18.09.13/5,200% 2.227.178 0,04 9.350.000 MGM Resorts International 01.11.16/10,000% 9.829.188 0,19 4.220.000 MGM Resorts International 15.03.20/9,000% 4.695.847 0,09 2.750.000 Michael Foods 15.07.18/9,750% 2.911.563 0,05 15.430.000 Michaels Stores 01.11.16/13,000%* 16.508.557 0,31 9.147.000 Michaels Stores 01.11.16/11,375% 9.740.640 0,18 4.030.000 Michaels Stores 01.11.18/7,750% 4.090.450 0,08 3.671.801 Midwest Generation 02.01.16/8,560% 3.708.519 0,07 2.415.000 Mission Broadcasting 15.04.17/8,875% 2.481.413 0,05 2.086.878 Morgan Stanley ABS Capital I
2004-OP1 M1 25.11.34/0,874%* 1.514.626 0,03 596.639 Morgan Stanley Capital I
2004-HQ3 A3 13.01.41/4,490% 598.946 0,01 4.250.000 Multiplan 144A 01.09.18/9,875% 4.435.938 0,08 360.000 Mylan 144A 15.07.17/7,625% 394.650 0,01 2.470.000 Mylan 144A 15.07.20/7,875% 2.738.613 0,05 4.900.000 Nationwide Mutual Insurance 144A 15.08.39/9,375% 5.923.419 0,11 825.000 NBC Acquisition 15.03.13/11,000% 16.500 0,00 7.601.000 Nebraska Book 15.03.12/8,625% 2.546.335 0,05
324.582 New Century Home Equity Loan
Trust 2003-5 AI7 25.11.33/5,150%* 331.744 0,01 3.328.995 New Century Home Equity Loan
Trust 2005-C A2C 25.12.35/0,544%* 2.608.624 0,05 3.275.000 New Enterprise Stone & Lime 01.09.18/11,000% 2.701.875 0,05 22.237.000 NewPage 31.12.14/11,375% 16.538.769 0,31 2.145.000 Nexeo Solutions Finance 144A 01.03.18/8,375% 2.145.000 0,04 2.500.000 NFR Energy 144A 15.02.17/9,750% 2.237.500 0,04 455.000 NII Capital 15.08.16/10,000% 519.838 0,01 5.180.354 Noranda Aluminium Acquisition 15.05.15/4,659%* 4.817.729 0,09 9.653.301 Northwest Airlines 2007-1 A 01.11.19/7,027% 9.833.818 0,19 2.850.000 NRG Energy 15.01.18/7,625% 2.864.250 0,05 875.000 NRG Energy 01.09.20/8,250% 879.375 0,02 290.000 Oasis Petroleum 01.02.19/7,250% 300.150 0,01 1.610.000 OnCure Holdings 15.05.17/11,750% 1.279.950 0,02 2.600.000 Oshkosh 01.03.17/8,250% 2.717.000 0,05 310.000 Oshkosh 01.03.20/8,500% 320.850 0,01 1.760.000 Packaging Dynamics 144A 01.02.16/8,750% 1.768.800 0,03 650.000 PAETEC Holding 15.07.15/9,500% 685.750 0,01 1.330.000 PAETEC Holding 30.06.17/8,875% 1.449.700 0,03 2.850.000 PAETEC Holding 01.12.18/9,875% 3.120.750 0,06 2.325.000 Park Place Securities
2005-WHQ3 M1 25.06.35/0,714%* 2.046.198 0,04 3.500.000 Park Place Securities
2005-WHQ3 M2 25.06.35/0,744%* 2.314.627 0,04 1.400.000 Peabody Energy 144A 15.11.18/6,000% 1.428.000 0,03 1.630.000 Peabody Energy 144A 15.11.21/6,250% 1.687.050 0,03 7.387.000 Peninsula Gaming 15.08.17/10,750% 7.774.818 0,15 1.910.000 Petco Animal Supplies 144A 01.12.18/9,250% 2.058.025 0,04 580.000 Petrohawk Energy 01.06.19/6,250% 640.900 0,01 437.000 Pilgrim’s Pride 15.12.18/7,875% 412.965 0,01 1.138.000 Pilgrim’s Pride 144A 15.12.18/7,875% 1.075.410 0,02 325.000 Pittsburgh Glass Works 144A 15.04.16/8,500% 314.438 0,01 1.500.000 Plastipak Holdings 144A 15.12.15/8,500% 1.537.500 0,03 2.280.000 Ply Gem Industries 15.02.18/8,250% 1.997.850 0,04 3.730.000 Polymer Group 144A 01.02.19/7,750% 3.879.200 0,07 1.645.000 Polypore International 15.11.17/7,500% 1.706.688 0,03 2.800.000 Pricoa Global Funding I 144A 25.06.12/4,625% 2.845.016 0,05 3.500.000 Pricoa Global Funding I 144A 26.06.12/0,704%* 3.488.569 0,07
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
1.285.934 Prime Mortgage Trust
2006-1 2A5 25.06.36/6,000% 1.136.890 0,02 1.100.000 Qwest Communications
International 01.04.18/7,125% 1.139.037 0,02 2.705.000 Radiation Therapy Services 15.04.17/9,875% 2.035.513 0,04 500.000 Radio One 24.05.16/15,000%* 358.750 0,01 590.000 Rain CII Carbon 144A 01.12.18/8,000% 594.425 0,01 3.500.000 RBS Global/Rexnord 01.05.18/8,500% 3.718.750 0,07 2.065.000 Real Mex Restaurants 01.01.13/14,000% 1.187.375 0,02 2.460.000 Realogy 144A 15.02.19/7,875% 2.152.500 0,04 3.285.000 Reichhold Industries 144A 15.08.14/9,000% 1.757.475 0,03
683.956 Renaissance Home Equity Loan
Trust 2005-4 A3 25.02.36/5,565%* 596.498 0,01 4.215.258 Residential Accredit Loans
2003-QS16 A1 25.08.18/5,000% 4.286.494 0,08 1.643.040 Residential Accredit Loans
2003-QS20 CB 25.11.18/5,000% 1.694.538 0,03 298.179 Residential Accredit Loans
2005-QO4 2A1 25.12.45/0,574%* 152.330 0,00 869.463 Residential Accredit Loans
2006-QS18 3A3 25.12.21/5,750% 747.017 0,01 1.700.727 Residential Accredit Loans
2007-QS4 5A2 25.04.22/5,500% 1.464.955 0,03 1.186.796 Residential Asset Securitization
Trust 2004-A6 A1 25.08.19/5,000% 1.186.622 0,02 5.661.540 Residential Funding Mortgage
Securities I 2006-S10 1A1 25.10.36/6,000% 4.569.981 0,09 3.699.932 Residential Funding Mortgage
Securities I 2006-S9 A1 25.09.36/6,250% 3.106.477 0,06 2.410.000 Revlon Consumer Products 15.11.15/9,750% 2.584.725 0,05 910.000 Reynolds Group Issuer 144A 15.05.18/9,250% 873.600 0,02 8.080.000 Reynolds Group Issuer 144A 15.04.19/9,000% 7.716.400 0,15 10.913.000 Reynolds Group Issuer 144A 15.08.19/7,875% 11.431.368 0,22 5.190.000 Reynolds Group Issuer 144A 15.08.19/9,875% 5.060.250 0,10 475.000 Reynolds Group Issuer 144A 15.02.21/6,875% 472.625 0,01 1.030.000 Reynolds Group Issuer 144A 15.02.21/8,250% 916.700 0,02 4.000.000 ROC Finance 1 144A 01.09.18/12,125% 4.230.000 0,08 7.800.000 Roseton Danskammer Pass
Through Trust Series B 08.11.16/7,670% 4.758.000 0,09 2.988.000 Rouse 15.09.12/7,200% 3.044.025 0,06 13.525.000 RR Donnelley & Sons Co. 15.06.20/7,625% 12.713.500 0,24 3.050.000 RSC Equipment Rental 15.11.19/10,250% 3.339.750 0,06 2.075.000 RSC Equipment Rental 01.02.21/8,250% 2.111.313 0,04 225.000 RSC Equipment Rental 144A 15.07.17/10,000% 260.438 0,00 1.640.000 Sally Holdings 144A 15.11.19/6,875% 1.722.000 0,03 785.000 SandRidge Energy 15.03.21/7,500% 773.225 0,01 1.055.000 SandRidge Energy 144A 01.06.18/8,000% 1.060.275 0,02
2.121.202 Saxon Asset Securities Trust
2002-3 AF6 25.05.31/5,407%* 2.067.034 0,04 510.000 SBA Telecommunications 15.08.16/8,000% 553.350 0,01 520.000 SBA Telecommunications 15.08.19/8,250% 569.400 0,01 740.000 Sealed Air 144A 15.09.19/8,125% 814.000 0,02 450.000 Sealed Air 144A 15.09.21/8,375% 498.375 0,01 2.213.000 Sealy Mattress 144A 15.04.16/10,875% 2.428.768 0,05 3.485.000 Seminole Hard Rock
Entertainment 144A 15.03.14/3,046%* 3.275.900 0,06 2.000.000 Seneca Gaming 144A 01.12.18/8,250% 1.965.000 0,04 1.853.000 Sequa 144A 01.12.15/11,750% 1.982.710 0,04 2.760.000 ServiceMaster 144A 15.07.15/10,750%* 2.870.400 0,05
49.801 SG Mortgage Securities Trust
2006-OPT2 A3A 25.10.36/0,344%* 49.444 0,00 4.715.000 Shingle Springs Tribal Gaming
Authority 144A 15.06.15/9,375% 2.663.975 0,05 7.880.000 Simmons Bedding 144A 15.07.15/11,250% 8.175.500 0,15 1.990.000 Sinclair Television Group 15.10.18/8,375% 2.064.625 0,04 670.000 Sinclair Television Group 144A 01.11.17/9,250% 733.650 0,01 2.750.000 Sirius XM Radio 144A 01.04.15/8,750% 3.028.438 0,06 4.747.000 Sitel 01.04.18/11,500% 3.524.648 0,07 672.000 Sizzling Platter 144A 15.04.16/12,250% 668.640 0,01 38.000 Smithfield Foods 15.07.14/10,000% 44.460 0,00 4.785.000 Smurfit-Stone Container
Enterprises 01.07.12/8,375% 89.719 0,00 5.396.000 Smurfit-Stone Container
Enterprises 15.03.17/8,000% 128.155 0,00 565.000 Solo Cup Operating 01.11.13/10,500% 573.356 0,01 15.137.452 Spectrum Brands 28.08.19/12,000%* 16.575.510 0,31 3.885.000 Spectrum Brands Holdings 15.06.18/9,500% 4.268.644 0,08 1.190.000 Spectrum Brands Holdings 144A 15.06.18/9,500% 1.307.513 0,02 1.060.000 Speedy Cash 144A 15.05.18/10,750% 1.070.600 0,02 12.835.000 Sprint Nextel 144A 15.11.18/9,000% 13.514.164 0,25 4.725.000 Sprint Nextel 144A 15.11.21/11,500% 4.683.656 0,09 620.000 SPX 01.09.17/6,875% 672.700 0,01 3.675.000 SquareTwo Financial 01.04.17/11,625% 3.564.750 0,07 2.535.000 SSI Investments II/SSI Co-Issuer 01.06.18/11,125% 2.693.438 0,05 1.390.000 Stewart Enterprises 15.04.19/6,500% 1.403.900 0,03 200.000 Stream Global Services 01.10.14/11,250% 204.000 0,00 4.322.483 Structured Asset Securities
2005-WF4 A4 25.11.35/0,654%* 4.094.327 0,08
3.468.000 Sugarhouse HSP Gaming
Finance 144A 15.04.16/8,625% 3.572.040 0,07 6.640.000 Sungard Data Systems 15.08.15/10,250% 6.905.600 0,13 2.375.000 SunGard Data Systems 15.11.18/7,375% 2.440.313 0,05 1.229.846 Surgical Care Affiliates 144A 15.07.15/8,875%* 1.232.921 0,02 735.000 Syniverse Holdings 15.01.19/9,125% 782.775 0,01 1.740.000 Teavana Holdings Inc 01.12.17/7,875% 1.950.975 0,04 6.860.000 Tenet Healthcare 01.02.15/9,250% 7.254.450 0,14 1.430.000 Tenet Healthcare 144A 01.11.18/6,250% 1.458.600 0,03 4.805.000 Texas Competitive Electric
Holdings 144A 01.10.20/11,500% 4.102.269 0,08 2.456.000 Tomkins 01.10.18/9,000% 2.735.370 0,05 5.500.000 Toys R US 15.04.13/7,875% 5.616.875 0,11 470.000 Travelport 01.09.14/9,875% 285.525 0,01 775.000 Travelport 01.03.16/9,000% 435.938 0,01 1.000.000 TRW Automotive 144A 15.03.17/7,250% 1.075.000 0,02
469.630 UAL 2009-2B Pass Through
Trust 144A 15.01.16/12,000% 497.808 0,01 2.665.000 Uncle Acquisition 2010 15.02.19/8,625% 2.598.375 0,05
2.402.189 United Airlines Pass Through
Trust 2007-1 02.07.22/6,636% 2.402.189 0,05 1.014.307 United Airlines Pass Through
Trust 2007-1- C Shares 02.07.14/3,059%* 943.306 0,02 1.905.000 United Surgical Partners
International 01.05.17/8,875% 1.907.381 0,04 2.545.000 United Surgical Partners
International 01.05.17/9,250%* 2.570.450 0,05 5.000.000 Univision Communications 144A 15.05.19/6,875% 4.850.000 0,09 5.000.000 Univision Communications 144A 01.11.20/7,875% 5.100.000 0,10 750.000 Univision Communications 144A 15.05.21/8,500% 686.250 0,01 3.355.000 US Oncology 15.08.17/9,125% 58.713 0,00 10.000.000 US Treasury 29.02.12/0,875% 10.013.477 0,19 6.230.000 US Treasury 15.03.12/0,000% 6.229.801 0,12 88.822.000 US Treasury 31.12.16/0,875% 88.887.923 1,67 5.531.000 US Treasury 15.11.41/3,125% 5.783.352 0,11 2.273.000 USI Holdings 144A 15.05.15/9,750% 2.182.080 0,04 2.285.000 Vail Resorts 01.05.19/6,500% 2.342.125 0,04 4.350.000 Valeant Pharmaceuticals International 144A 15.07.16/6,500% 4.360.875 0,08 2.120.000 Valeant Pharmaceuticals International 144A 01.10.17/6,750% 2.130.600 0,04 3.120.000 Valeant Pharmaceuticals International 144A 01.12.18/6,875% 3.127.800 0,06 1.435.000 Valeant Pharmaceuticals International 144A 01.10.20/7,000% 1.427.825 0,03 4.285.000 Valeant Pharmaceuticals International 144A 15.07.22/7,250% 4.220.725 0,08 1.120.000 Venoco 15.02.19/8,875% 1.010.800 0,02 1.950.000 Verso Paper Holdings 01.07.14/11,500% 1.998.750 0,04 1.510.000 Vertellus Specialties 144A 01.10.15/9,375% 1.155.150 0,02 1.994.000 Viasystems 144A 15.01.15/12,000% 2.146.043 0,04 3.135.000 Visant 01.10.17/10,000% 2.884.200 0,05 2.455.000 Visteon 144A 15.04.19/6,750% 2.442.725 0,05 1.430.000 Vulcan Materials 15.06.21/7,500% 1.555.125 0,03
907.850 Washington Mutual Alternative Mortgage Pass-Through
Certificates 2005-8 1A8 25.10.35/5,500% 809.794 0,02 2.004.454 Washington Mutual Alternative
Mortgage Pass-Through
Certificates 2006-1 3A2 25.02.36/5,750% 1.503.373 0,03 49.000.000 Wells Fargo & Co. 24.01.12/0,506%* 49.008.526 0,92
13.381.994 Wells Fargo Alternative Loan
Trust 2007-PA3 3A6 25.07.37/6,500% 8.852.410 0,17 4.310.000 Wells Fargo Home Equity Trust
2004-2 AI6 25.05.34/5,000%* 4.301.546 0,08 963.699 Wells Fargo Mortgage Backed
Securities Trust 2005-16 A8 25.01.36/5,750% 982.244 0,02 4.416.944 Wells Fargo Mortgage Backed
Securities Trust 2006-1 A3 25.03.21/5,000% 4.414.466 0,08 1.131.269 Wells Fargo Mortgage Backed
Securities Trust 2006-11 A2 25.09.36/6,000% 1.082.141 0,02 1.661.744 Wells Fargo Mortgage Backed
Securities Trust 2006-11 A8 25.09.36/6,000% 1.524.813 0,03 622.854 Wells Fargo Mortgage Backed
Securities Trust 2007-11 A85 25.08.37/6,000% 568.682 0,01 718.678 Wells Fargo Mortgage Backed
Securities Trust 2007-11 A96 25.08.37/6,000% 648.942 0,01 2.144.223 Wells Fargo Mortgage Backed
Securities Trust 2007-3 3A1 25.04.22/5,500% 2.214.388 0,04 2.664.469 Wells Fargo Mortgage Backed
Securities Trust 2007-5 2A3 25.05.22/5,500% 2.623.297 0,05 2.155.000 Wendy’s/Arby’s Restaurants 15.07.16/10,000% 2.367.095 0,04 4.000.000 Western Refining 144A 15.06.17/11,250% 4.570.000 0,09 810.000 Windstream 01.09.18/8,125% 871.763 0,02 1.765.000 Windstream 01.10.21/7,750% 1.817.950 0,03 4.005.000 Windstream 01.04.23/7,500% 3.974.963 0,07 1.555.000 WMG Acquisition 15.06.16/9,500% 1.694.950 0,03 1.905.000 WMG Acquisition 144A 01.10.18/11,500% 1.905.000 0,04 1.790.000 WPX Energy 144A 15.01.22/6,000% 1.839.225 0,03 142
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
20.000 Wynn Las Vegas Capital 01.11.17/7,875% 22.198 0,00 935.000 Wynn Las Vegas Capital 01.05.20/7,875% 1.034.344 0,02 380.000 Wynn Las Vegas Capital 15.08.20/7,750% 422.564 0,01 9.000.000 XM Satellite Radio 144A 01.08.13/13,000% 10.260.000 0,19 3.172.000 Yankee Candle 15.02.17/9,750% 3.092.700 0,06 315.000 YCC Holdings / Yankee Finance 15.02.16/10,250%* 277.200 0,01 2.200.000 Yonkers Racing 144A 15.07.16/11,375% 2.255.000 0,04 1.960.000 Zayo Group/Zayo Capital 15.03.17/10,250% 2.097.200 0,04 1.823.807.268 34,33
LUXEMBURGO
6.910.000 Intelsat Jackson Holdings 15.06.16/11,250% 7.310.780 0,14 1.115.000 Intelsat Jackson Holdings 15.06.16/9,500% 1.169.914 0,02 2.500.000 Intelsat Jackson Holdings 15.10.20/7,250% 2.531.250 0,05 1.860.000 Intelsat Jackson Holdings 144A 01.04.19/7,250% 1.897.200 0,04 3.495.000 Intelsat Luxembourg 04.02.17/11,250% 3.407.625 0,06 24.657.982 Intelsat Luxembourg 04.02.17/11,500%* 23.794.953 0,45 2.120.000 Intelsat Luxembourg 144A 04.02.17/11,500%* 2.045.800 0,04 4.988.000 Wind Acquisition Finance 144A 15.07.17/11,750% 4.474.959 0,08 802.476 Wind Acquisition Finance 144A 15.07.17/12,250%* 585.807 0,01 47.218.288 0,89
CANADÁ
3.000.000 Abitibi-Consolidated Co. of
Canada 01.04.15/8,375% 16.500 0,00 905.000 Bombardier 144A 15.03.18/7,500% 970.613 0,02 1.965.000 Gateway Casinos &
Entertainment 144A 15.11.17/8,875% 1.975.795 0,04 1.665.000 Novelis 15.12.17/8,375% 1.777.388 0,03 3.675.000 Novelis 15.12.20/8,750% 3.941.438 0,08 4.915.000 Quebecor Media 15.03.16/7,750% 5.080.881 0,10 1.125.000 Telesat Canada 01.11.15/11,000% 1.213.594 0,02 4.425.000 Telesat Canada/Telesat 01.11.17/12,500% 4.967.063 0,09 2.480.000 Trinidad Drilling 144A 15.01.19/7,875% 2.566.411 0,05 1.230.000 Videotron Ltee 15.12.15/6,375% 1.257.675 0,02 23.767.358 0,45
ISLAS CAIMÁN
4.500.000 Dryden XXII Senior Loan Fund
2011-22X SUB 15.01.22/0,000% 3.217.500 0,06 8.000.000 MCE Finance 15.05.18/10,250% 8.686.560 0,16 4.500.000 Stoneheath RE 31.12.49/3,523% 3.183.750 0,06 3.585.000 UPCB Finance III 144A 01.07.20/6,625% 3.549.150 0,07 1.805.000 UPCB Finance V 144A 15.11.21/7,250% 1.836.588 0,04 20.473.548 0,39 PAÍSES BAJOS 1.800.000 Bluewater Holding 17.07.14/3,403%* 1.440.000 0,03 530.000 NXP/NXP Funding 15.10.13/3,153%* 531.988 0,01 970.000 NXP/NXP Funding 15.10.15/9,500% 1.010.740 0,02 6.480.000 NXP/NXP Funding 144A 01.08.18/9,750% 7.095.600 0,13 4.555.000 Sensata Technologies 144A 15.05.19/6,500% 4.520.838 0,08 14.599.166 0,27
REINO UNIDO
5.245.000 Ineos Finance 144A 15.05.15/9,000% 5.349.900 0,10 2.880.000 Ineos Group Holdings 144A 15.02.16/8,500% 2.304.000 0,05 7.150.000 Lloyds TSB Bank 13.01.20/5,800% 6.883.913 0,13 14.537.813 0,28 AUSTRALIA 3.888.000 FMG Resources August 2006 Pty 144A 01.11.15/7,000% 3.931.934 0,07 4.059.000 FMG Resources August 2006 Pty 144A 01.02.16/6,375% 3.947.378 0,08 2.190.000 FMG Resources August 2006 Pty 144A 01.02.18/6,875% 2.091.450 0,04 1.720.000 FMG Resources August 2006 Pty 144A 01.11.19/8,250% 1.729.890 0,03 11.700.652 0,22 IRLANDA
1.225.000 Ardagh Packaging Finance 144A 15.10.17/7,375% 1.243.375 0,03 4.295.000 Ardagh Packaging Finance 144A 15.10.20/9,125% 4.273.525 0,08 1.148.080 AWAS Aviation Capital 144A 15.10.16/7,000% 1.155.256 0,02 3.500.000 Elan Finance 15.10.16/8,750% 3.753.750 0,07 10.425.906 0,20
BERMUDAS
260.000 Aircastle 144A 01.08.18/9,750% 274.300 0,00 2.325.000 Catlin Insurance 144A 31.12.49/7,249%* 1.993.688 0,04
895.000 Digicel Group 144A 15.04.18/10,500% 903.950 0,02 3.219.000 Stratus Technologies 29.03.15/12,000% 2.913.195 0,05 6.768.533 0,12
LIBERIA
3.022.000 Royal Caribbean Cruises 144A 27.01.14/5,625% 3.844.253 0,07 3.844.253 0,07
ORGANISMOS INTERNACIONALES
2.657.000 World Bank Discount Notes 05.01.12/0,000% 2.656.995 0,05 2.656.995 0,05
AUSTRIA
2.000.000 PE Paper Escrow 144A 01.08.14/12,000% 2.130.000 0,04 2.130.000 0,04
ISLAS MARSHALL
8.927.000 General Maritime 15.11.17/12,000% 212.016 0,00 450.000 Navios Logistics Finance US
144A 15.04.19/9,250% 364.500 0,00 407.000 Navios Maritime Acquisition 01.11.17/8,625% 293.040 0,01 903.000 Navios Maritime Holdings 01.11.17/8,875% 866.880 0,02 1.736.436 0,03
Total Obligaciones 1.983.666.216 37,35
Papel Comercial EE.UU.
3.850.000 Amsterdam Funding 27.01.12/0,000% 3.849.162 0,07 50.000.000 Argento Variable Funding 06.01.12/0,000% 49.996.704 0,94 19.750.000 Aspen Funding 04.01.12/0,000% 19.748.946 0,37 75.000.000 Cancara Asset Securitisation 05.01.12/0,000% 74.995.750 1,41 30.000.000 Cancara Asset Securitisation 03.01.12/0,000% 29.998.934 0,57 16.750.000 CRC Funding 11.01.12/0,000% 16.748.409 0,32 44.000.000 Gemini 17.01.12/0,000% 43.990.532 0,83 1.750.000 General Electric Capital 11.01.12/0,000% 1.749.987 0,03 50.000.000 Govco 15.02.12/0,000% 49.978.785 0,94 700.000 Kells Funding 10.01.12/0,000% 699.887 0,01 500.000 Kells Funding 27.01.12/0,000% 499.823 0,01 50.000.000 Kells Funding 02.02.12/0,000% 49.978.256 0,94 24.700.000 Macquarie Bank 16.02.12/0,000% 24.681.228 0,47 48.000.000 Manhattan Asset Funding 06.01.12/0,000% 47.996.670 0,90 33.650.000 Manhattan Asset Funding 11.01.12/0,000% 33.646.254 0,63 79.000.000 Mont Blanc Capital 03.01.12/0,000% 78.997.032 1,49 75.000.000 Nordea North America 18.01.12/0,000% 74.985.192 1,41 50.000.000 Nordea North America 01.02.12/0,000% 49.982.853 0,94 35.000.000 Nordea North America 08.02.12/0,000% 34.983.475 0,66 8.000.000 Oversea-Chinese Banking 17.01.12/0,000% 7.998.305 0,15 49.700.000 Oversea-Chinese Banking 27.02.12/0,000% 49.654.703 0,94 24.425.000 Public Financial Holdings 17.01.12/0,000% 24.416.028 0,46 67.099.000 Regency Markets No.1 20.01.12/0,000% 67.087.264 1,26 62.000.000 Salisbury 01.02.12/0,000% 61.979.782 1,17 33.600.000 Sheffield Receivables 19.01.12/0,000% 33.593.354 0,63 31.530.000 Straight Funding 30.01.12/0,000% 31.524.783 0,59 74.750.000 Surrey Funding 18.01.12/0,000% 74.735.976 1,41 20.750.000 Tasman Funding 06.01.12/0,000% 20.748.238 0,39 25.000.000 Tasman Funding 18.01.12/0,000% 24.995.242 0,47 50.000.000 Tasman Funding 20.01.12/0,000% 49.989.462 0,94 45.000.000 Thames Asset Global
Securitization 12.01.12/0,000% 44.994.627 0,85 50.000.000 Toyota Motor Credit 19.03.12/0,000% 49.944.136 0,94 26.000.000 UBS/Delaware 20.01.12/0,000% 25.996.682 0,49 45.872.000 Windmill Funding 06.01.12/0,000% 45.868.878 0,86 1.301.035.339 24,49
AUSTRALIA
60.000.000 ANZ Banking Group 18.04.12/0,000% 59.915.203 1,13 30.000.000 Commonwealth Bank of
Australia 06.02.12/0,000% 29.988.346 0,56 100.000.000 Commonwealth Bank of
Australia 15.03.12/0,000% 99.946.636 1,88 1.500.000 Liberty Funding 17.01.12/0,000% 1.499.891 0,03 45.000.000 Regency Markets No.1 18.01.12/0,000% 44.993.858 0,85 75.000.000 Suncorp-Metway 12.01.12/0,000% 74.990.765 1,41 50.000.000 Westpac Banking 27.03.12/0,000% 49.943.778 0,94 30.000.000 Westpac Banking 01.05.12/0,000% 29.952.850 0,56 36.000.000 Westpac Banking 03.05.12/0,000% 35.942.500 0,68 427.173.827 8,04 ALEMANIA 50.000.000 NRW Bank 09.01.12/0,000% 49.996.399 0,94
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
REINO UNIDO 50.000.000 Rheingold Securitization 10.01.12/0,000% 49.988.368 0,94 49.988.368 0,94 SUIZA 250.000 Crédit Suisse 21.02.12/0,000% 249.813 0,00 249.813 0,00
Total Papel Comercial 1.828.443.746 34,41
Certificados de Depósito JAPÓN
25.000.000 Mitsubishi Trust & Banking 28.02.12/0,465% 25.000.000 0,47 50.000.000 Mitsubishi Trust & Banking 07.03.12/0,458% 50.000.000 0,94 47.350.000 Mizuho Corporate Bank 03.01.12/0,320% 47.349.569 0,89 15.000.000 Mizuho Corporate Bank 27.02.12/0,500% 15.000.000 0,28 50.000.000 Norinchukin Bank 10.02.12/0,480% 50.000.000 0,94 75.000.000 Norinchukin Bank 14.02.12/0,500% 75.000.000 1,41 30.000.000 Norinchukin Bank 21.02.12/0,510% 30.000.000 0,57 25.000.000 Shizuoka Bank 05.01.12/0,300% 25.000.000 0,47 22.000.000 Shizuoka Bank 12.01.12/0,400% 22.000.871 0,42 4.800.000 Sumitomo Trust & Banking 14.02.12/0,460% 4.800.000 0,09 344.150.440 6,48 EE.UU. 25.000.000 DnB Bank/New York 30.01.12/0,370% 25.000.000 0,47 75.000.000 DnB Bank/New York 13.03.12/0,520% 75.000.000 1,41 50.000.000 RBC/New York 24.02.12/0,320% 50.000.000 0,94 20.000.000 RBC/New York 27.02.12/0,506%* 20.008.390 0,38 170.008.390 3,20 PAÍSES BAJOS 79.600.000 Rabobank Nederland 05.01.12/0,370% 79.600.263 1,50 8.100.000 Rabobank Nederland 01.02.12/0,400% 8.100.000 0,15 87.700.263 1,65 CANADÁ
14.000.000 Bank of Nova Scotia 02.02.12/0,310% 14.000.000 0,26 1.910.000 National Bank of Canada 11.01.12/0,090% 1.910.000 0,04 50.000.000 Toronto-Dominion 06.02.12/0,320% 50.000.000 0,94 65.910.000 1,24 SUECIA 51.249.000 Svenska Handelsbanken 24.01.12/0,380% 51.249.000 0,96 51.249.000 0,96 AUSTRALIA
30.000.000 National Australia Bank 06.02.12/0,380% 30.000.161 0,57 20.000.000 Westpac Banking 13.02.12/0,350% 19.999.496 0,38 49.999.657 0,95 FRANCIA 20.000.000 Caisse des Dépôts et Consignations 09.03.12/0,360% 20.000.194 0,38 20.000.194 0,38 ALEMANIA
1.100.000 Deutsche Bank/New York 19.01.12/0,706%* 1.100.092 0,02 1.100.092 0,02
Total Certificados de Depósito 790.118.036 14,88
Fondos de Inversión EE.UU.
364.387 Advent Claymore Global Convertible Securities &
Income Fund 2.302.926 0,04 137.000 Dreyfus High Yield Strategies Fund 604.855 0,01 305.100 ING Prime Rate Trust 1.557.536 0,03 259.000 Invesco Van Kampen Senior Income Trust 1.114.995 0,02 399.500 Nuveen Multi-Strategy Income and Growth Fund 2 3.213.978 0,06 274.358 Nuveen Municipal Value Fund 2.695.567 0,05 50.700 SPDR Barclays Capital High Yield Bond 1.951.697 0,04 13.441.554 0,25
Total Fondos de Inversión 13.441.554 0,25 Total Valores Mobiliarios Negociados en Otro
Mercado Reglamentado 4.621.684.239 86,99
Otros valores mobiliarios
Acciones EE.UU.
20.662 Constar International** 5.785 0,00 2.084 Constar International** 145.880 0,00 166.826 General Motors Preference Shares** 63.394 0,00 84.916 General Motors Preference Shares** 32.268 0,00 25.581 General Motors Preference Shares** 9.721 0,00 2.110 General Motors Preference Shares** 1.371 0,00 704.913 General Motors Preference Shares** 458.193 0,01 290.634 General Motors Preference Shares** 188.912 0,01 479.196 General Motors Preference Shares** 182.094 0,00 1.087.618 0,02
Total Acciones 1.087.618 0,02
Obligaciones EE.UU.
4.227.500 ACL I 144A 15.02.16/10,625%* 3.445.413 0,07 1.535.750 CKE Holdings 144A 14.03.16/10,500%* 1.474.320 0,03 1.000.000 CNG Holdings 144A 15.08.15/13,750% 1.040.000 0,02 1.495.677 Constar International** 31.12.17/11,000% 1.495.677 0,03 77.380 Lehman XS Trust 2005-5N 3A1A (Defaulted) 25.11.35/0,594%* 51.570 0,00 1.109.000 Nationwide Mutual Insurance 144A 01.12.31/8,250% 1.192.856 0,02 745.000 Quebecor 15.01.15/9,750% 33.525 0,00 1.840.000 Quebecor Printing 01.08.27/6,500% 64.400 0,00 1.755.000 Quebecor World Capital 15.11.13/6,125% 74.588 0,00
959.820 United Airlines Pass Through
Trust 2009-1 01.11.16/10,400% 1.061.753 0,02 6.000.000 USI Holdings 144A 15.11.14/4,332%* 5.527.500 0,10 913.558 VWR Funding 144A 30.06.17/10,750% 1.188.808 0,02 400.000 VWR Funding 144A 30.06.17/10,750% 394.000 0,02 17.044.410 0,33
CANADÁ
750.000 Abitibi Consolidated (Defaulted) 20.06.13/6,000% 4.125 0,00 129.000 Abitibi Consolidated (Defaulted) 01.04.28/7,500% 710 0,00 6.558.000 Abitibi Consolidated (Defaulted) 01.08.29/8,500% 36.069 0,00 1.787.000 Abitibi Consolidated (Defaulted) 01.08.30/8,850% 9.829 0,00 2.255.000 Kodiak Oil & Gas 144A 01.12.19/8,125% 2.339.563 0,04 2.390.296 0,04 Total Obligaciones 19.434.706 0,37 Obligaciones convertibles EE.UU. 647.000 US Concrete 144A 31.08.15/9,500% 632.443 0,01 632.443 0,01
Total Obligaciones convertibles 632.443 0,01 Total otros valores mobiliarios 21.154.767 0,40 Total Inversiones 5.224.155.747 98,32 Caja 481.590.141 9,07 Otro Activo/(Pasivo) (392.959.493) (7,39) Total Activo Neto 5.312.786.395 100,00 * Los tipos de cupón variables son los vigentes al 31 de diciembre de 2011.
** Este título ha sido valorado por el valor razonable.
144
JPMorgan Investment Funds - Income Opportunity Fund
Composición de la Cartera de Valores (Valor de mercado expresado en USD) (continuación)
Al 31 de diciembre de 2011
Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto Cantidad/ Valor
nominal Denominación de los Valores
Vencimiento/ Cupón Valor de mercado % del activo neto
Distribución de la cartera a 31 de diciembre de 2011 activo% del