J.P. Morgan Security Capital U.S. Core Real Estate Securities Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 10.16 10.16
Stocks 56.2 56.2
Bonds 15.47 15.47
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 18.17 18.17

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

Ticker YTD Return % % Net Assets
Corporate Office Pptys L P 144A 4.25% --- --- 7.7
Simon Property Group Inc SPG 12.42 4.39
Equity Residential EQR 1.11 4.32
Public Storage PSA 14.62 3.67
Parkway Pptys Pfd --- --- 3.29
Prologis Inc PLD 15.62 3.11
Boston Properties Inc BXP 3.36 2.7
AvalonBay Communities Inc AVB -1.68 2.67
Health Care REIT, Inc. HCN 23.72 2.67
Macerich Company MAC 18.99 2.66
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