|
THE “UNAUDITED EXCHANGE-TRADED FUNDS HOLDINGS”
LIST (“the List”) IS TO BE USED FOR REPORTING PURPOSES
ONLY. IT IS NOT TO BE REPRODUCED FOR USE AS
ADVERTISING OR SALES LITERATURE WITH THE GENERAL
PUBLIC. The list is submitted for the general information of the
shareholders of the Fund. It is not authorized for distribution to
prospective investors in the Fund unless preceded or accompanied by a
prospectus. The list has been created from the books and records of
the Fund. Holdings are available 60 days after the fund’s fiscal quarter,
using a trade date accounting convention, by contacting the appropriate
service center. The list is subject to change without notice. The list is
for informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
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JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
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J.P. Morgan Distribution Services, Inc., member FINRA.
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© J.P. Morgan Chase & Co., 2026.
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INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — 99.6%
|
||
|
Australia — 7.8%
|
||
|
AGL Energy Ltd.
|
33,050
|
192,312
|
|
Ansell Ltd.
|
37,373
|
858,300
|
|
APA Group
|
97,840
|
699,890
|
|
BHP Group Ltd.
|
34,034
|
1,434,552
|
|
Brambles Ltd.
|
11,965
|
164,252
|
|
CAR Group Ltd.
|
7,468
|
136,357
|
|
Charter Hall Group, REIT
|
24,897
|
407,107
|
|
Cochlear Ltd.
|
5,309
|
444,939
|
|
Coles Group Ltd.
|
82,331
|
1,390,816
|
|
CSL Ltd.
|
5,494
|
475,013
|
|
Dexus, REIT
|
159,607
|
670,290
|
|
Dyno Nobel Ltd.
|
117,645
|
311,397
|
|
EBOS Group Ltd.
|
9,909
|
128,467
|
|
Endeavour Group Ltd. (a)
|
223,431
|
545,334
|
|
Evolution Mining Ltd.
|
76,386
|
605,690
|
|
Fortescue Ltd.
|
89,223
|
1,157,781
|
|
GPT Group (The), REIT
|
300,312
|
1,081,688
|
|
Harvey Norman Holdings Ltd.
|
154,231
|
531,187
|
|
JB Hi-Fi Ltd.
|
11,137
|
640,680
|
|
Lottery Corp. Ltd. (The) (a)
|
158,955
|
622,784
|
|
Metcash Ltd.
|
253,766
|
541,842
|
|
New Hope Corp. Ltd.
|
153,781
|
561,600
|
|
Northern Star Resources Ltd.
|
70,758
|
980,622
|
|
Orica Ltd.
|
12,548
|
204,980
|
|
Origin Energy Ltd.
|
150,444
|
1,135,013
|
|
Pro Medicus Ltd.
|
4,243
|
482,679
|
|
Qantas Airways Ltd.
|
26,060
|
181,352
|
|
Ramsay Health Care Ltd. (a)
|
22,098
|
686,757
|
|
REA Group Ltd.
|
777
|
87,750
|
|
Rio Tinto Ltd.
|
10,995
|
1,310,403
|
|
Rio Tinto plc
|
14,326
|
1,392,053
|
|
Santos Ltd.
|
88,350
|
490,674
|
|
SGH Ltd.
|
3,226
|
99,766
|
|
Sonic Healthcare Ltd.
|
56,134
|
859,103
|
|
South32 Ltd.
|
34,362
|
109,550
|
|
Stockland, REIT
|
349,852
|
1,047,237
|
|
Telstra Group Ltd. (a)
|
333,018
|
1,175,678
|
|
Vicinity Ltd., REIT
|
694,108
|
1,304,469
|
|
Wesfarmers Ltd.
|
21,680
|
1,357,934
|
|
Whitehaven Coal Ltd.
|
178,094
|
879,526
|
|
Woodside Energy Group Ltd.
|
23,114
|
540,982
|
|
Woolworths Group Ltd. (a)
|
8,166
|
227,877
|
|
Yancoal Australia Ltd.
|
153,577
|
605,142
|
|
|
|
28,761,825
|
|
Austria — 0.4%
|
||
|
OMV AG
|
19,462
|
1,423,163
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Belgium — 0.6%
|
||
|
Anheuser-Busch InBev SA
|
15,521
|
1,348,061
|
|
D'ieteren Group
|
2,541
|
524,475
|
|
UCB SA
|
1,374
|
352,684
|
|
|
|
2,225,220
|
|
Brazil — 0.2%
|
||
|
Yara International ASA
|
18,133
|
855,366
|
|
Chile — 0.3%
|
||
|
Antofagasta plc
|
19,481
|
970,948
|
|
China — 1.3%
|
||
|
AAC Technologies Holdings, Inc.
|
89,500
|
439,784
|
|
Budweiser Brewing Co. APAC Ltd. (b)
|
793,206
|
664,478
|
|
Lenovo Group Ltd.
|
242,000
|
740,083
|
|
Prosus NV
|
20,694
|
961,708
|
|
SITC International Holdings Co. Ltd.
|
172,917
|
871,813
|
|
Wilmar International Ltd.
|
403,000
|
1,232,415
|
|
Xinyi Glass Holdings Ltd.
|
13,000
|
15,437
|
|
|
|
4,925,718
|
|
Denmark — 0.4%
|
||
|
Carlsberg A/S, Class B
|
7,841
|
1,154,625
|
|
Novo Nordisk A/S, Class B
|
5,300
|
250,698
|
|
|
|
1,405,323
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Finland — 1.0%
|
||
|
Elisa OYJ
|
4,149
|
167,324
|
|
Kesko OYJ, Class B (a)
|
24,644
|
614,063
|
|
Neste OYJ
|
13,995
|
495,960
|
|
Orion OYJ, Class B
|
7,477
|
699,004
|
|
UPM-Kymmene OYJ
|
27,448
|
746,744
|
|
Wartsila OYJ Abp
|
25,995
|
881,551
|
|
|
|
3,604,646
|
|
France — 4.7%
|
||
|
Air Liquide SA
|
1,416
|
278,964
|
|
Ayvens SA (b)
|
19,641
|
264,716
|
|
Capgemini SE
|
8,259
|
981,671
|
|
Carrefour SA
|
56,782
|
1,042,062
|
|
Cie Generale des Etablissements Michelin SCA
|
19,742
|
797,981
|
|
Covivio SA, REIT
|
8,617
|
526,043
|
|
Credit Agricole SA
|
45,785
|
1,023,087
|
|
Danone SA
|
13,756
|
1,070,026
|
|
Eiffage SA
|
8,914
|
1,266,943
|
|
Engie SA
|
45,016
|
1,403,199
|
|
EssilorLuxottica SA
|
3,583
|
678,341
|
|
Gecina SA, REIT
|
7,633
|
661,270
|
|
Ipsen SA
|
2,641
|
510,309
|
|
Klepierre SA, REIT
|
32,917
|
1,495,124
|
|
Orange SA
|
71,726
|
1,370,519
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
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France — continued
|
||
|
Publicis Groupe SA
|
7,324
|
781,695
|
|
TotalEnergies SE
|
11,492
|
1,013,140
|
|
Unibail-Rodamco-Westfield, REIT
|
10,403
|
1,267,485
|
|
Vinci SA
|
7,320
|
1,033,532
|
|
|
|
17,466,107
|
|
Germany — 2.6%
|
||
|
Aumovio SE *
|
4,117
|
190,095
|
|
Bechtle AG
|
4,857
|
203,391
|
|
Brenntag SE
|
5,144
|
362,737
|
|
Continental AG
|
9,007
|
749,052
|
|
Deutsche Lufthansa AG (Registered)
|
99,569
|
1,044,781
|
|
Deutsche Telekom AG (Registered)
|
21,682
|
669,128
|
|
Evonik Industries AG
|
46,587
|
942,441
|
|
Fresenius Medical Care AG
|
18,468
|
947,813
|
|
Fresenius SE & Co. KGaA
|
18,855
|
969,095
|
|
Heidelberg Materials AG
|
5,650
|
1,051,833
|
|
LEG Immobilien SE
|
5,246
|
314,962
|
|
Mercedes-Benz Group AG
|
13,780
|
745,073
|
|
Merck KGaA
|
2,837
|
468,866
|
|
Scout24 SE (a) (b)
|
6,489
|
556,326
|
|
Vonovia SE (a)
|
19,111
|
463,645
|
|
|
|
9,679,238
|
|
Hong Kong — 3.8%
|
||
|
CK Asset Holdings Ltd.
|
155,000
|
944,108
|
|
CK Infrastructure Holdings Ltd.
|
143,500
|
1,144,634
|
|
CLP Holdings Ltd.
|
144,000
|
1,431,698
|
|
Henderson Land Development Co. Ltd.
|
185,000
|
670,693
|
|
Hong Kong & China Gas Co. Ltd.
|
1,048,393
|
938,560
|
|
Hongkong Land Holdings Ltd.
|
41,600
|
337,324
|
|
Hutchison Port Holdings Trust
|
928,000
|
179,104
|
|
Johnson Electric Holdings Ltd.
|
140,500
|
333,295
|
|
Link, REIT
|
55,000
|
274,147
|
|
Orient Overseas International Ltd.
|
45,500
|
889,734
|
|
PCCW Ltd.
|
889,000
|
666,338
|
|
Power Assets Holdings Ltd.
|
157,500
|
1,185,729
|
|
Prudential plc
|
46,892
|
704,719
|
|
Sino Land Co. Ltd.
|
256,000
|
348,683
|
|
Sun Hung Kai Properties Ltd.
|
83,500
|
1,310,520
|
|
Swire Pacific Ltd., Class A
|
76,000
|
965,156
|
|
WH Group Ltd. (b)
|
1,113,743
|
1,198,352
|
|
Yue Yuen Industrial Holdings Ltd. (a)
|
183,500
|
332,101
|
|
|
|
13,854,895
|
|
Indonesia — 0.1%
|
||
|
First Pacific Co. Ltd.
|
304,000
|
216,987
|
|
Iraq — 0.0% ^
|
||
|
United Energy Group Ltd. *
|
3,436,000
|
158,463
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Italy — 3.6%
|
||
|
A2A SpA (a)
|
412,781
|
1,078,260
|
|
Banca Mediolanum SpA
|
22,775
|
610,255
|
|
BPER Banca SpA
|
28,074
|
456,181
|
|
Coca-Cola HBC AG
|
23,159
|
1,561,607
|
|
Enel SpA
|
108,788
|
1,228,587
|
|
Eni SpA
|
48,041
|
1,336,341
|
|
Generali (a)
|
14,191
|
719,186
|
|
Italgas SpA
|
112,713
|
1,162,756
|
|
Pirelli & C SpA (b)
|
78,439
|
597,519
|
|
Poste Italiane SpA (a) (b)
|
47,924
|
1,449,824
|
|
Recordati Industria Chimica e Farmaceutica SpA (a)
|
12,638
|
752,833
|
|
Ryanair Holdings plc
|
18,411
|
516,272
|
|
UniCredit SpA
|
16,891
|
1,593,022
|
|
|
|
13,062,643
|
|
Ivory Coast — 0.3%
|
||
|
Endeavour Mining plc
|
26,208
|
1,250,263
|
|
Japan — 26.3%
|
||
|
Activia Properties, Inc., REIT
|
446
|
399,470
|
|
AEON REIT Investment Corp., REIT
|
302
|
230,844
|
|
Alfresa Holdings Corp.
|
30,500
|
442,403
|
|
Alps Alpine Co. Ltd.
|
22,000
|
301,355
|
|
Asahi Group Holdings Ltd.
|
68,100
|
710,705
|
|
Asahi Intecc Co. Ltd.
|
20,900
|
471,528
|
|
Asahi Kasei Corp.
|
31,500
|
336,261
|
|
Astellas Pharma, Inc.
|
79,600
|
1,093,291
|
|
BIPROGY, Inc.
|
19,100
|
586,130
|
|
Brother Industries Ltd.
|
42,200
|
1,050,915
|
|
Canon Marketing Japan, Inc.
|
34,900
|
784,233
|
|
Canon, Inc.
|
34,100
|
949,178
|
|
Capcom Co. Ltd.
|
28,100
|
705,882
|
|
Chubu Electric Power Co., Inc.
|
45,900
|
794,762
|
|
Chugai Pharmaceutical Co. Ltd.
|
16,400
|
711,618
|
|
Coca-Cola Bottlers Japan Holdings, Inc.
|
19,600
|
471,006
|
|
COMSYS Holdings Corp.
|
27,500
|
902,646
|
|
Cosmo Energy Holdings Co. Ltd.
|
35,300
|
878,443
|
|
Daito Trust Construction Co. Ltd.
|
28,700
|
607,714
|
|
Daiwa Securities Group, Inc.
|
109,300
|
1,222,700
|
|
Dowa Holdings Co. Ltd.
|
200
|
10,204
|
|
Electric Power Development Co. Ltd.
|
57,700
|
1,364,972
|
|
ENEOS Holdings, Inc.
|
162,000
|
1,337,882
|
|
Fuji Media Holdings, Inc.
|
4,800
|
119,996
|
|
FUJIFILM Holdings Corp.
|
14,500
|
341,325
|
|
Hachijuni Nagano Bank Ltd.
|
26,900
|
417,973
|
|
Haseko Corp.
|
14,300
|
248,816
|
|
Hikari Tsushin, Inc.
|
4,300
|
1,051,422
|
|
Hoya Corp.
|
1,500
|
229,376
|
|
Hulic Co. Ltd.
|
103,600
|
1,139,056
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Japan — continued
|
||
|
Idemitsu Kosan Co. Ltd.
|
124,285
|
1,017,463
|
|
INFRONEER Holdings, Inc.
|
29,100
|
470,797
|
|
Inpex Corp.
|
52,900
|
1,219,274
|
|
Invincible Investment Corp., REIT
|
690
|
264,426
|
|
ITOCHU Corp.
|
103,900
|
1,303,905
|
|
Iwatani Corp.
|
7,100
|
90,376
|
|
Japan Metropolitan Fund Invest, REIT
|
1,037
|
765,998
|
|
Japan Post Insurance Co. Ltd.
|
75,000
|
825,833
|
|
Japan Real Estate Investment Corp., REIT
|
610
|
466,803
|
|
Japan Tobacco, Inc.
|
37,100
|
1,654,174
|
|
JFE Holdings, Inc. (a)
|
6,400
|
72,615
|
|
Kajima Corp.
|
12,400
|
414,337
|
|
Kakaku.com, Inc.
|
10,200
|
236,940
|
|
Kansai Electric Power Co., Inc. (The)
|
73,400
|
1,111,605
|
|
Kao Corp.
|
48,200
|
990,803
|
|
Kawasaki Kisen Kaisha Ltd.
|
66,200
|
1,179,607
|
|
KDDI Corp.
|
74,500
|
1,372,567
|
|
Kirin Holdings Co. Ltd.
|
65,900
|
1,219,134
|
|
Kobe Steel Ltd.
|
108,500
|
1,404,350
|
|
K's Holdings Corp.
|
43,000
|
509,351
|
|
Kuraray Co. Ltd.
|
900
|
10,323
|
|
Kyowa Kirin Co. Ltd.
|
9,000
|
144,473
|
|
Kyushu Electric Power Co., Inc.
|
121,400
|
1,344,994
|
|
Lasertec Corp.
|
900
|
206,759
|
|
Marubeni Corp.
|
43,000
|
1,389,789
|
|
MatsukiyoCocokara & Co.
|
51,300
|
817,195
|
|
Mebuki Financial Group, Inc.
|
66,500
|
616,188
|
|
Medipal Holdings Corp.
|
31,000
|
558,202
|
|
MEIJI Holdings Co. Ltd.
|
38,800
|
924,001
|
|
Mitsubishi Chemical Group Corp.
|
152,700
|
1,123,697
|
|
Mitsubishi Corp.
|
20,900
|
624,759
|
|
Mitsubishi Estate Co. Ltd.
|
43,300
|
1,051,202
|
|
Mitsubishi HC Capital, Inc.
|
111,700
|
1,028,445
|
|
Mitsubishi UFJ Financial Group, Inc.
|
72,900
|
1,628,331
|
|
Mitsui & Co. Ltd.
|
40,200
|
1,233,508
|
|
Mitsui Fudosan Co. Ltd.
|
112,800
|
1,098,832
|
|
Mitsui Kinzoku Co. Ltd.
|
5,200
|
979,020
|
|
Modec, Inc.
|
8,300
|
536,070
|
|
Morinaga Milk Industry Co. Ltd.
|
14,800
|
110,787
|
|
NEC Corp.
|
24,800
|
737,023
|
|
NH Foods Ltd.
|
28,900
|
1,135,257
|
|
Nichirei Corp.
|
15,400
|
213,280
|
|
Nintendo Co. Ltd.
|
13,900
|
663,060
|
|
Nippon Building Fund, Inc., REIT
|
333
|
280,888
|
|
Nippon Electric Glass Co. Ltd.
|
14,300
|
471,081
|
|
Nippon Shokubai Co. Ltd.
|
33,700
|
453,336
|
|
Nippon Steel Corp.
|
165,200
|
672,995
|
|
Nippon Yusen KK
|
22,500
|
863,944
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Japan — continued
|
||
|
Nissan Chemical Corp.
|
7,500
|
348,620
|
|
Nisshin Seifun Group, Inc.
|
6,000
|
75,893
|
|
Niterra Co. Ltd.
|
22,500
|
1,313,969
|
|
Nitto Denko Corp.
|
53,900
|
1,138,175
|
|
NOF Corp.
|
900
|
15,638
|
|
Nomura Real Estate Holdings, Inc.
|
161,500
|
928,055
|
|
Nomura Real Estate Master Fund, Inc., REIT
|
282
|
269,717
|
|
NS Solutions Corp.
|
3,800
|
93,727
|
|
NSK Ltd.
|
99,100
|
705,884
|
|
NTT, Inc.
|
1,178,900
|
1,129,992
|
|
Obayashi Corp.
|
17,500
|
343,950
|
|
Ono Pharmaceutical Co. Ltd.
|
77,100
|
1,152,259
|
|
Open House Group Co. Ltd.
|
18,100
|
961,791
|
|
ORIX Corp.
|
8,200
|
330,947
|
|
Osaka Gas Co. Ltd.
|
32,400
|
1,111,609
|
|
Otsuka Holdings Co. Ltd.
|
21,700
|
1,504,666
|
|
Sankyo Co. Ltd.
|
62,100
|
720,658
|
|
Santen Pharmaceutical Co. Ltd.
|
85,300
|
1,007,069
|
|
Sanwa Holdings Corp.
|
6,700
|
143,622
|
|
Sawai Group Holdings Co. Ltd.
|
23,000
|
237,574
|
|
SCREEN Holdings Co. Ltd.
|
1,600
|
122,055
|
|
Seibu Holdings, Inc. (a)
|
12,800
|
286,654
|
|
Seiko Epson Corp.
|
28,600
|
523,868
|
|
Sekisui Chemical Co. Ltd.
|
19,500
|
324,547
|
|
Sekisui House REIT, Inc., REIT
|
742
|
352,896
|
|
Shimamura Co. Ltd.
|
15,500
|
326,357
|
|
Shionogi & Co. Ltd.
|
67,000
|
1,211,446
|
|
SKY Perfect JSAT Corp.
|
47,100
|
613,497
|
|
Skylark Holdings Co. Ltd.
|
18,300
|
360,626
|
|
SoftBank Corp.
|
827,400
|
1,161,320
|
|
SoftBank Group Corp.
|
31,400
|
978,032
|
|
Sojitz Corp.
|
12,920
|
431,664
|
|
Subaru Corp.
|
13,400
|
228,101
|
|
Sugi Holdings Co. Ltd.
|
17,900
|
317,543
|
|
Sumitomo Chemical Co. Ltd.
|
224,300
|
725,792
|
|
Sumitomo Mitsui Financial Group, Inc.
|
37,300
|
1,602,741
|
|
Sumitomo Pharma Co. Ltd. *
|
21,300
|
165,994
|
|
Sumitomo Realty & Development Co. Ltd.
|
26,300
|
589,497
|
|
Suntory Beverage & Food Ltd.
|
17,800
|
516,059
|
|
Suzuken Co. Ltd.
|
11,100
|
354,123
|
|
Takeda Pharmaceutical Co. Ltd.
|
40,900
|
1,404,328
|
|
TISI, Inc.
|
2,700
|
64,731
|
|
Toho Gas Co. Ltd.
|
48,800
|
353,433
|
|
Tohoku Electric Power Co., Inc.
|
67,800
|
498,213
|
|
Tokyo Electron Ltd.
|
3,900
|
1,303,915
|
|
Tokyo Gas Co. Ltd.
|
29,600
|
1,142,704
|
|
Tokyo Tatemono Co. Ltd.
|
41,000
|
865,152
|
|
Tokyu Fudosan Holdings Corp.
|
151,800
|
1,261,675
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Japan — continued
|
||
|
Tosoh Corp.
|
44,100
|
741,695
|
|
Toyo Suisan Kaisha Ltd.
|
18,600
|
1,206,867
|
|
Toyo Tire Corp.
|
43,900
|
1,164,422
|
|
Toyoda Gosei Co. Ltd.
|
6,300
|
217,498
|
|
Toyota Boshoku Corp.
|
27,500
|
383,726
|
|
Tsumura & Co.
|
6,500
|
155,553
|
|
Ulvac, Inc.
|
6,400
|
337,547
|
|
United Urban Investment Corp., REIT
|
328
|
335,186
|
|
USS Co. Ltd.
|
64,800
|
818,351
|
|
Yamada Holdings Co. Ltd.
|
54,100
|
241,647
|
|
Yamato Kogyo Co. Ltd.
|
6,900
|
580,871
|
|
Yamazaki Baking Co. Ltd.
|
10,400
|
219,781
|
|
Yokohama Rubber Co. Ltd. (The)
|
28,000
|
1,330,024
|
|
|
|
96,773,849
|
|
Luxembourg — 0.2%
|
||
|
Eurofins Scientific SE
|
4,659
|
367,412
|
|
RTL Group SA
|
7,127
|
266,812
|
|
|
|
634,224
|
|
Macau — 0.1%
|
||
|
MGM China Holdings Ltd.
|
224,400
|
324,805
|
|
Mexico — 0.3%
|
||
|
Fresnillo plc
|
32,765
|
1,103,719
|
|
Netherlands — 2.0%
|
||
|
ABN AMRO Bank NV, CVA (b)
|
33,682
|
1,523,690
|
|
ASML Holding NV
|
717
|
1,181,577
|
|
ASR Nederland NV
|
6,278
|
513,270
|
|
Heineken Holding NV
|
11,896
|
1,000,763
|
|
Koninklijke Ahold Delhaize NV
|
30,200
|
1,196,591
|
|
Koninklijke KPN NV
|
251,324
|
1,186,712
|
|
NN Group NV
|
9,270
|
873,801
|
|
|
|
7,476,404
|
|
New Zealand — 0.3%
|
||
|
Fisher & Paykel Healthcare Corp. Ltd.
|
36,522
|
873,490
|
|
Spark New Zealand Ltd.
|
51,057
|
57,723
|
|
|
|
931,213
|
|
Nigeria — 0.3%
|
||
|
Airtel Africa plc (b)
|
227,828
|
1,028,392
|
|
Norway — 1.5%
|
||
|
DNB Bank ASA
|
12,011
|
386,738
|
|
Equinor ASA
|
35,868
|
1,472,415
|
|
Mowi ASA
|
39,828
|
852,926
|
|
Norsk Hydro ASA
|
98,241
|
906,178
|
|
Orkla ASA
|
69,927
|
776,745
|
|
Telenor ASA
|
67,739
|
956,315
|
|
|
|
5,351,317
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Poland — 0.4%
|
||
|
ORLEN SA
|
36,607
|
1,452,614
|
|
Portugal — 0.2%
|
||
|
Jeronimo Martins SGPS SA
|
27,761
|
556,744
|
|
Russia — 0.0%
|
||
|
Evraz plc ‡ *
|
393,430
|
—
|
|
Singapore — 2.7%
|
||
|
CapitaLand Integrated Commercial Trust, REIT
|
624,408
|
1,211,812
|
|
ComfortDelGro Corp. Ltd.
|
225,400
|
235,602
|
|
DBS Group Holdings Ltd.
|
3,000
|
173,090
|
|
Jardine Cycle & Carriage Ltd.
|
16,400
|
375,837
|
|
Keppel Ltd.
|
149,400
|
1,334,285
|
|
Mapletree Pan Asia Commercial Trust, REIT
|
84,700
|
87,838
|
|
Oversea-Chinese Banking Corp. Ltd.
|
77,500
|
1,760,275
|
|
Sembcorp Industries Ltd.
|
186,600
|
802,583
|
|
Singapore Airlines Ltd.
|
188,600
|
1,131,375
|
|
Singapore Telecommunications Ltd.
|
303,400
|
1,049,733
|
|
Suntec, REIT
|
604,400
|
697,372
|
|
UOL Group Ltd.
|
42,400
|
327,172
|
|
Venture Corp. Ltd.
|
64,200
|
799,919
|
|
|
|
9,986,893
|
|
South Africa — 0.4%
|
||
|
Anglo American plc
|
27,963
|
1,415,529
|
|
South Korea — 8.4%
|
||
|
Alteogen, Inc.
|
1,607
|
344,429
|
|
Celltrion, Inc.
|
8,225
|
1,059,972
|
|
CJ Corp.
|
2,496
|
223,876
|
|
CJ Logistics Corp.
|
505
|
26,081
|
|
DB Insurance Co. Ltd.
|
3,694
|
400,022
|
|
Doosan Bobcat, Inc.
|
5,657
|
232,880
|
|
GS Holdings Corp.
|
5,928
|
366,759
|
|
GS Retail Co. Ltd.
|
15,824
|
271,176
|
|
Hana Financial Group, Inc.
|
17,695
|
1,529,540
|
|
Hankook Tire & Technology Co. Ltd.
|
15,442
|
719,374
|
|
Hanmi Pharm Co. Ltd.
|
3,338
|
769,489
|
|
Hanwha Aerospace Co. Ltd.
|
620
|
398,032
|
|
HD Hyundai Co. Ltd.
|
7,691
|
1,056,086
|
|
HD Hyundai Electric Co. Ltd.
|
2,304
|
1,065,437
|
|
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.
|
4,766
|
1,265,659
|
|
Hyundai Mobis Co. Ltd.
|
3,166
|
1,023,903
|
|
Industrial Bank of Korea
|
62,966
|
902,741
|
|
KB Financial Group, Inc.
|
10,191
|
1,192,723
|
|
Kia Corp.
|
13,193
|
1,189,484
|
|
Korea Electric Power Corp.
|
44,073
|
1,059,091
|
|
Korea Gas Corp.
|
34,023
|
820,463
|
|
Korea Investment Holdings Co. Ltd.
|
179
|
25,270
|
|
Korean Air Lines Co. Ltd.
|
10,410
|
184,423
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
South Korea — continued
|
||
|
KT&G Corp.
|
12,278
|
1,527,855
|
|
LG Corp.
|
13,759
|
953,935
|
|
LG H&H Co. Ltd.
|
166
|
33,168
|
|
LG Innotek Co. Ltd.
|
1,761
|
608,228
|
|
LG Uplus Corp.
|
62,114
|
636,888
|
|
NH Investment & Securities Co. Ltd.
|
18,267
|
357,788
|
|
NongShim Co. Ltd.
|
2,155
|
576,037
|
|
Orion Corp.
|
9,960
|
913,413
|
|
Posco International Corp.
|
6,383
|
232,713
|
|
Samsung Biologics Co. Ltd. * (b)
|
163
|
167,701
|
|
Samsung Electronics Co. Ltd.
|
7,718
|
1,343,355
|
|
Samsung Episholdings Co. Ltd. *
|
85
|
22,071
|
|
Samsung Securities Co. Ltd.
|
10,539
|
714,341
|
|
Samyang Foods Co. Ltd.
|
1,274
|
1,038,708
|
|
SK hynix, Inc.
|
1,186
|
1,346,888
|
|
SK Telecom Co. Ltd.
|
19,358
|
1,093,891
|
|
SK, Inc.
|
3,092
|
1,155,159
|
|
S-Oil Corp.
|
826
|
73,973
|
|
Woori Financial Group, Inc.
|
60,308
|
1,396,091
|
|
Yuhan Corp.
|
14,726
|
751,958
|
|
|
|
31,071,071
|
|
Spain — 2.0%
|
||
|
Amadeus IT Group SA
|
17,368
|
1,071,901
|
|
Endesa SA
|
33,575
|
1,634,934
|
|
Iberdrola SA
|
53,198
|
1,263,644
|
|
Industria de Diseno Textil SA
|
16,501
|
1,076,915
|
|
Merlin Properties Socimi SA, REIT
|
59,766
|
1,038,741
|
|
Naturgy Energy Group SA
|
35,758
|
1,192,882
|
|
|
|
7,279,017
|
|
Sweden — 2.8%
|
||
|
Boliden AB
|
14,421
|
725,630
|
|
Castellum AB
|
7,112
|
99,819
|
|
Essity AB, Class B
|
39,260
|
1,140,530
|
|
Getinge AB, Class B
|
10,646
|
265,355
|
|
H & M Hennes & Mauritz AB, Class B
|
58,194
|
1,065,750
|
|
Hexagon AB, Class B
|
18,007
|
177,739
|
|
Securitas AB, Class B
|
51,411
|
825,885
|
|
SKF AB, Class B
|
42,142
|
1,140,668
|
|
SSAB AB, Class B
|
138,237
|
1,456,029
|
|
Tele2 AB, Class B
|
67,615
|
1,171,368
|
|
Telefonaktiebolaget LM Ericsson, Class B
|
83,345
|
819,839
|
|
Telia Co. AB
|
208,853
|
967,868
|
|
Trelleborg AB, Class B
|
12,341
|
548,608
|
|
|
|
10,405,088
|
|
Switzerland — 1.8%
|
||
|
Avolta AG
|
4,636
|
278,319
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
Switzerland — continued
|
||
|
Barry Callebaut AG (Registered) (a)
|
154
|
214,556
|
|
DSM-Firmenich AG (a)
|
1,814
|
195,563
|
|
Logitech International SA (Registered)
|
12,169
|
1,242,824
|
|
Nestle SA (Registered)
|
3,680
|
367,820
|
|
PSP Swiss Property AG (Registered)
|
4,296
|
775,067
|
|
Sandoz Group AG
|
2,282
|
186,024
|
|
Sonova Holding AG (Registered)
|
1,238
|
337,298
|
|
Swiss Prime Site AG (Registered)
|
7,054
|
1,150,508
|
|
Swisscom AG (Registered)
|
1,309
|
1,005,896
|
|
Temenos AG (Registered)
|
10,812
|
899,393
|
|
|
|
6,653,268
|
|
Thailand — 0.2%
|
||
|
Thai Beverage PCL
|
1,585,500
|
569,624
|
|
United Kingdom — 19.0%
|
||
|
3i Group plc
|
23,644
|
910,242
|
|
Admiral Group plc
|
16,011
|
811,637
|
|
Associated British Foods plc
|
40,302
|
1,132,265
|
|
AstraZeneca plc
|
6,919
|
1,176,993
|
|
Autotrader Group plc (b)
|
170,733
|
1,205,577
|
|
Aviva plc
|
154,196
|
1,443,152
|
|
BAE Systems plc
|
46,321
|
1,311,317
|
|
Barclays plc
|
236,947
|
1,628,664
|
|
Barratt Redrow plc
|
67,691
|
269,019
|
|
Berkeley Group Holdings plc *
|
10,168
|
480,262
|
|
British American Tobacco plc
|
24,809
|
1,504,937
|
|
British Land Co. plc (The), REIT
|
233,391
|
1,395,592
|
|
BT Group plc
|
431,303
|
1,167,813
|
|
Bunzl plc
|
24,140
|
910,974
|
|
Burberry Group plc *
|
68,820
|
1,109,269
|
|
Centrica plc
|
536,358
|
1,120,459
|
|
CK Hutchison Holdings Ltd.
|
16,756
|
156,992
|
|
Coca-Cola Europacific Partners plc
|
4,444
|
489,591
|
|
Compass Group plc
|
6,779
|
215,273
|
|
Convatec Group plc (b)
|
122,184
|
369,200
|
|
Croda International plc
|
14,327
|
620,252
|
|
DCC Energy plc
|
11,803
|
1,009,225
|
|
Diageo plc
|
21,736
|
477,504
|
|
Diploma plc
|
10,762
|
1,065,792
|
|
Entain plc
|
17,326
|
126,846
|
|
GSK plc
|
52,169
|
1,356,543
|
|
Halma plc
|
17,221
|
822,770
|
|
Hiscox Ltd.
|
16,081
|
392,600
|
|
Howden Joinery Group plc
|
102,607
|
1,093,338
|
|
HSBC Holdings plc
|
83,506
|
1,778,287
|
|
IMI plc
|
31,230
|
1,241,034
|
|
Imperial Brands plc
|
29,510
|
1,119,930
|
|
Informa plc
|
99,328
|
1,189,912
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
United Kingdom — continued
|
||
|
International Consolidated Airlines Group SA
|
253,836
|
1,487,965
|
|
Intertek Group plc
|
19,006
|
1,501,155
|
|
J Sainsbury plc
|
298,828
|
1,441,042
|
|
JD Sports Fashion plc
|
481,100
|
583,287
|
|
Kingfisher plc
|
284,091
|
1,185,211
|
|
Land Securities Group plc, REIT
|
129,321
|
1,231,774
|
|
Lloyds Banking Group plc
|
771,584
|
1,192,573
|
|
M&G plc
|
249,012
|
1,202,903
|
|
Marks & Spencer Group plc
|
205,756
|
1,124,739
|
|
National Grid plc
|
79,673
|
1,275,234
|
|
NatWest Group plc
|
171,066
|
1,613,602
|
|
Next plc
|
6,697
|
1,341,128
|
|
Pearson plc
|
80,054
|
1,350,883
|
|
Persimmon plc
|
43,031
|
645,903
|
|
Reckitt Benckiser Group plc
|
17,980
|
1,268,981
|
|
RELX plc
|
31,203
|
1,097,471
|
|
Rightmove plc
|
161,015
|
1,009,489
|
|
Rolls-Royce Holdings plc
|
87,449
|
1,744,578
|
|
Sage Group plc (The)
|
92,124
|
1,213,546
|
|
Segro plc, REIT
|
88,918
|
1,161,510
|
|
Smith & Nephew plc
|
70,689
|
1,105,785
|
|
Smiths Group plc
|
39,724
|
1,418,528
|
|
SSE plc
|
39,370
|
1,243,834
|
|
St. James's Place plc
|
28,750
|
408,506
|
|
Standard Chartered plc
|
55,660
|
1,645,733
|
|
Taylor Wimpey plc
|
457,948
|
482,174
|
|
Tesco plc
|
201,824
|
1,328,438
|
|
Unilever plc
|
17,689
|
1,125,508
|
|
United Utilities Group plc
|
80,222
|
1,494,083
|
|
Vodafone Group plc
|
980,193
|
1,555,557
|
|
Weir Group plc (The)
|
21,268
|
758,785
|
|
Whitbread plc
|
16,285
|
551,704
|
|
Wise Group plc, Class A *
|
61,681
|
736,716
|
|
Zegona Communications plc
|
9,940
|
196,167
|
|
|
|
69,827,753
|
|
United States — 3.6%
|
||
|
Amrize Ltd.
|
9,224
|
452,135
|
|
AP Moller - Maersk A/S, Class B
|
180
|
483,323
|
|
BP plc
|
111,007
|
834,014
|
|
Experian plc
|
18,875
|
712,148
|
|
Haleon plc
|
239,812
|
1,174,014
|
|
Holcim AG
|
15,197
|
1,380,255
|
|
InterContinental Hotels Group plc
|
8,858
|
1,432,402
|
|
Novartis AG (Registered)
|
8,986
|
1,405,338
|
|
Roche Holding AG
|
2,758
|
1,205,501
|
|
Sanofi SA
|
4,230
|
364,252
|
|
Shell plc
|
33,489
|
1,532,849
|
|
INVESTMENTS
|
SHARES
|
VALUE($)
|
|
Common Stocks — continued
|
||
|
United States — continued
|
||
|
Sims Ltd.
|
38,508
|
687,815
|
|
Sunbelt Rentals Holdings, Inc.
|
14,511
|
1,039,658
|
|
Tenaris SA
|
24,048
|
689,928
|
|
|
|
13,393,632
|
|
Total Common Stocks
(Cost $286,494,639)
|
|
366,095,961
|
|
Short-Term Investments — 1.6%
|
|
|
|
Investment Companies — 0.0% ^
|
||
|
JPMorgan Prime Money Market Fund Class IM Shares, 3.78% (c) (d)
(Cost $196,484)
|
196,484
|
196,503
|
|
Investment of Cash Collateral from Securities Loaned — 1.6%
|
||
|
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 3.67% (c) (d)(Cost $5,876,778)
|
5,876,778
|
5,876,778
|
|
Total Short-Term Investments
(Cost $6,073,262)
|
|
6,073,281
|
|
Total Investments — 101.2%
(Cost $292,567,901)
|
|
372,169,242
|
|
Liabilities in Excess of Other Assets — (1.2)%
|
|
(4,470,171
)
|
|
NET ASSETS — 100.0%
|
|
367,699,071
|
|
Percentages indicated are based on net assets.
|
|
Abbreviations
|
|
|
APAC
|
Asia Pacific
|
|
CVA
|
Certificaten Van Aandelen (Dutch Certificate)
|
|
OYJ
|
Public Limited Company
|
|
REIT
|
Real Estate Investment Trust
|
|
SCA
|
Limited partnership with share capital
|
|
SGPS
|
Holding company
|
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
|
‡
|
Value determined using significant unobservable inputs.
|
|
|
*
|
Non-income producing security.
|
|
|
(a)
|
The security or a portion of this security is on loan at July 31, 2026. The total
value of securities on loan at July 31, 2026 is $5,377,402.
|
|
|
(b)
|
Security exempt from registration pursuant to Regulation S under the Securities Act
of 1933, as amended. Regulation S applies to securities
offerings that are made outside of the United States and do not involve direct selling
efforts in the United States and as such may have
restrictions on resale.
|
|
|
(c)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
|
|
(d)
|
The rate shown is the current yield as of July 31, 2026.
|
|
|
INDUSTRY
|
PERCENT OF
TOTAL
INVESTMENTS
|
|
Banks
|
6.5
%
|
|
Pharmaceuticals
|
5.4
|
|
Oil, Gas & Consumable Fuels
|
5.2
|
|
Metals & Mining
|
5.2
|
|
Electric Utilities
|
4.1
|
|
Real Estate Management & Development
|
3.8
|
|
Food Products
|
3.6
|
|
Diversified Telecommunication Services
|
3.3
|
|
Consumer Staples Distribution & Retail
|
3.1
|
|
Beverages
|
2.7
|
|
Diversified REITs
|
2.7
|
|
Trading Companies & Distributors
|
2.6
|
|
Automobile Components
|
2.4
|
|
Wireless Telecommunication Services
|
2.2
|
|
Industrial Conglomerates
|
2.2
|
|
Chemicals
|
2.2
|
|
Gas Utilities
|
2.0
|
|
Machinery
|
1.8
|
|
Specialty Retail
|
1.8
|
|
Insurance
|
1.8
|
|
Technology Hardware, Storage & Peripherals
|
1.7
|
|
Multi-Utilities
|
1.6
|
|
Tobacco
|
1.6
|
|
Health Care Equipment & Supplies
|
1.5
|
|
Financial Services
|
1.4
|
|
Retail REITs
|
1.4
|
|
Health Care Providers & Services
|
1.3
|
|
Hotels, Restaurants & Leisure
|
1.3
|
|
Passenger Airlines
|
1.2
|
|
Semiconductors & Semiconductor Equipment
|
1.2
|
|
Construction & Engineering
|
1.2
|
|
Electronic Equipment, Instruments & Components
|
1.2
|
|
Marine Transportation
|
1.2
|
|
Broadline Retail
|
1.1
|
|
Capital Markets
|
1.0
|
|
Others (each less than 1.0%)
|
13.9
|
|
Short-Term Investments
|
1.6
|
|
DESCRIPTION
|
NUMBER OF
CONTRACTS
|
EXPIRATION DATE
|
TRADING CURRENCY
|
NOTIONAL
AMOUNT ($)
|
VALUE AND
UNREALIZED
APPRECIATION
(DEPRECIATION) ($)
|
|
Long Contracts
|
|
|
|
|
|
|
MSCI EAFE Index
|
7
|
09/18/2026
|
USD
|
1,114,855
|
13,731
|
|
Abbreviations
|
|
|
EAFE
|
Europe, Australasia and Far East
|
|
MSCI
|
Morgan Stanley Capital International
|
|
USD
|
United States Dollar
|
|
|
|
|
||
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Australia
|
$561,600
|
$28,200,225
|
$—
|
$28,761,825
|
|
Austria
|
—
|
1,423,163
|
—
|
1,423,163
|
|
Belgium
|
—
|
2,225,220
|
—
|
2,225,220
|
|
Brazil
|
—
|
855,366
|
—
|
855,366
|
|
Chile
|
—
|
970,948
|
—
|
970,948
|
|
China
|
—
|
4,925,718
|
—
|
4,925,718
|
|
Denmark
|
—
|
1,405,323
|
—
|
1,405,323
|
|
Finland
|
—
|
3,604,646
|
—
|
3,604,646
|
|
France
|
1,370,519
|
16,095,588
|
—
|
17,466,107
|
|
Germany
|
—
|
9,679,238
|
—
|
9,679,238
|
|
Hong Kong
|
179,104
|
13,675,791
|
—
|
13,854,895
|
|
Indonesia
|
—
|
216,987
|
—
|
216,987
|
|
Iraq
|
—
|
158,463
|
—
|
158,463
|
|
Italy
|
1,162,756
|
11,899,887
|
—
|
13,062,643
|
|
Ivory Coast
|
—
|
1,250,263
|
—
|
1,250,263
|
|
Japan
|
4,528,027
|
92,245,822
|
—
|
96,773,849
|
|
Luxembourg
|
—
|
634,224
|
—
|
634,224
|
|
Macau
|
—
|
324,805
|
—
|
324,805
|
|
Mexico
|
—
|
1,103,719
|
—
|
1,103,719
|
|
Netherlands
|
1,196,591
|
6,279,813
|
—
|
7,476,404
|
|
New Zealand
|
—
|
931,213
|
—
|
931,213
|
|
Nigeria
|
—
|
1,028,392
|
—
|
1,028,392
|
|
Norway
|
956,315
|
4,395,002
|
—
|
5,351,317
|
|
Poland
|
—
|
1,452,614
|
—
|
1,452,614
|
|
Portugal
|
—
|
556,744
|
—
|
556,744
|
|
Russia
|
—
|
—
|
—(a
)
|
—(a
)
|
|
Singapore
|
—
|
9,986,893
|
—
|
9,986,893
|
|
South Africa
|
—
|
1,415,529
|
—
|
1,415,529
|
|
South Korea
|
—
|
31,071,071
|
—
|
31,071,071
|
|
Spain
|
—
|
7,279,017
|
—
|
7,279,017
|
|
Sweden
|
—
|
10,405,088
|
—
|
10,405,088
|
|
Switzerland
|
—
|
6,653,268
|
—
|
6,653,268
|
|
Thailand
|
—
|
569,624
|
—
|
569,624
|
|
United Kingdom
|
1,120,459
|
68,707,294
|
—
|
69,827,753
|
|
United States
|
483,323
|
12,910,309
|
—
|
13,393,632
|
|
Total Common Stocks
|
11,558,694
|
354,537,267
|
—
(a)
|
366,095,961
|
|
Short-Term Investments
|
|
|
|
|
|
Investment Companies
|
196,503
|
—
|
—
|
196,503
|
|
Investment of Cash Collateral from Securities Loaned
|
5,876,778
|
—
|
—
|
5,876,778
|
|
Total Short-Term Investments
|
6,073,281
|
—
|
—
|
6,073,281
|
|
Total Investments in Securities
|
$17,631,975
|
$354,537,267
|
$—
(a)
|
$372,169,242
|
|
|
|
|
||
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
|
Appreciation in Other Financial Instruments
|
|
|
|
|
|
Futures Contracts
|
$13,731
|
$—
|
$—
|
$13,731
|
|
|
|
|
(a)
|
Value is zero.
|
|
|
|||||||||
|
For the period ended July 31, 2026
|
|||||||||
|
Security Description
|
Value at
October 31,
2025
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
July 31,
2026
|
Shares at
July 31,
2026
|
Dividend
Income
|
Capital Gain
Distributions
|
|
JPMorgan Prime Money Market Fund
Class IM Shares, 3.78% (a) (b)
|
$242,239
|
$13,831,210
|
$13,876,763
|
$(227
)
|
$44
|
$196,503
|
196,484
|
$11,068
|
$—
|
|
JPMorgan Securities Lending Money
Market Fund Agency SL Class Shares,
3.67% (a) (b)
|
4,566,374
|
39,657,031
|
38,346,627
|
—
|
—
|
5,876,778
|
5,876,778
|
178,072
|
—
|
|
Total
|
$4,808,613
|
$53,488,241
|
$52,223,390
|
$(227
)
|
$44
|
$6,073,281
|
|
$189,140
|
$—
|
|
|
|
|
(a)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
|
(b)
|
The rate shown is the current yield as of July 31, 2026.
|