JPMorgan Tax Aware Income Opportunities Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 2.58 2.58
Stocks 0.0 0.0
Bonds 97.0 97.0
Other 0.0 0.0
Foreign Bonds 0.42 0.42
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

% Net Assets
De Kalb Private Hosp Auth 2.81
Abag Fin Auth 2.57
Missouri St Health & Edl Facs Var Rev B 2.12
Chambersburg Pa Mun Auth 1.95
Oklahoma City Okla Econ De Tax Appor 5% 1.83
Virginia St Go Bds 4% 1.37
New Hampshire Health & Ed Facs Var Rev B 1.22
Bb&T Mun Tr Ctfs 1.18
Univ Del Rev Rev Bonds 1.15
Massachusetts St G.O. Ref 3.5% 1.13

Bond Ratings (%)

Updated 03.31.2013

Sector JTAAX
AAA 41.78
AA 30.08
A 13.62
BBB 9.34
BB 0.2
B 0.72
Below B 4.26
Other 0.0
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