EXHIBIT B
Multi-Class Funds Covered under Combined Rule 18f-3 Multi-Class Plan
(as of August 13, 2026)
JPMorgan Equity Funds
| Class A |
Class C |
Class I |
Class L |
Class R2 |
Class R3 |
Class R4 |
Class R5 |
Class R6 | ||||||||||
| JPMorgan Diversified Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Emerging Markets Equity Fund | X | X | X | X | X | X | X | X | X | |||||||||
| JPMorgan Emerging Markets Research Enhanced Equity Fund | X | X | ||||||||||||||||
| JPMorgan Equity Income Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Equity Index Fund | X | X | X | X | ||||||||||||||
| JPMorgan Equity Premium Income Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Europe Dynamic Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Global Allocation Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Growth Advantage Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Hedged Equity Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Hedged Equity 2 Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Hedged Equity 3 Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Income Builder Fund | X | X | X | X | ||||||||||||||
| JPMorgan International Equity Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan International Focus Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan Developed International Value Fund | X | X | X | X | X | X | X | |||||||||||
| JPMorgan Investor Balanced Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Investor Conservative Growth Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Investor Growth & Income Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Investor Growth Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Large Cap Growth Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Large Cap Value Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Mid Cap Equity Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan Mid Cap Growth Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Mid Cap Value Fund | X | X | X | X | X | X | X | X | X | |||||||||
| JPMorgan Research Market Neutral Fund | X | X | X | |||||||||||||||
| JPMorgan Small Cap Blend Fund | X | X | X | X | ||||||||||||||
| JPMorgan Small Cap Equity Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Small Cap Growth Fund | X | X | X | X | X | X | X | X | X | |||||||||
| JPMorgan Small Cap Value Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement Income Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2025 Fund1 | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2030 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2035 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2040 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2045 Fund | X | X | X | X | X | X | X | X | ||||||||||
| 1 | To be merged into the JPMorgan SmartRetirement Income Fund on or about October 2026. |
1
| Class A |
Class C |
Class I |
Class L |
Class R2 |
Class R3 |
Class R4 |
Class R5 |
Class R6 | ||||||||||
| JPMorgan SmartRetirement 2050 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2055 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2060 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2065 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement 2070 Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan SmartRetirement Blend Income Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2025 Fund2 | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2030 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2035 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2040 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2045 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2050 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2055 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2060 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2065 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SmartRetirement Blend 2070 Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan SMID Cap Equity Fund | X | X | X | X | X | |||||||||||||
| JPMorgan U.S. Equity Fund | X | X | X | X | X | X | X | X | X | |||||||||
| JPMorgan U.S. Large Cap Core Plus Fund | X | X | X | X | X | X | ||||||||||||
| JPMorgan U.S. Research Enhanced Equity Fund | X | X | X | |||||||||||||||
| JPMorgan U.S. Small Company Fund | X | X | X | X | X | X | X | X | X | |||||||||
| JPMorgan U.S. Sustainable Leaders Fund | X | X | X | X | ||||||||||||||
| JPMorgan U.S. Value Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Value Advantage Fund | X | X | X | X | X | X | X | X | X | |||||||||
| Undiscovered Managers Behavioral Value Fund | X | X | X | X | X | X | X | X | X | |||||||||
JPMorgan Fixed Income Funds
| Class A |
Class C |
Class I |
Class L |
Class R2 |
Class R3 |
Class R4 |
Class R5 |
Class R6 | ||||||||||
| JPMorgan Core Bond Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Core Plus Bond Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Corporate Bond Fund | X | X | X | X | ||||||||||||||
| JPMorgan Emerging Markets Debt Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Global Bond Opportunities Fund | X | X | X | X | ||||||||||||||
| JPMorgan Government Bond Fund | X | X | X | X | X | X | X | |||||||||||
| JPMorgan High Yield Fund | X | X | X | X | X | X | X | X | ||||||||||
| JPMorgan Income Fund | X | X | X | X | ||||||||||||||
| JPMorgan Strategic Income Opportunities Fund | X | X | X | X | X | |||||||||||||
| JPMorgan Tax Aware Real Return Fund | X | X | X | X | ||||||||||||||
| JPMorgan Tax Free Bond Fund | X | X | X | X | ||||||||||||||
| 2 | To be merged into the JPMorgan SmartRetirement Blend Income Fund on or about October 2026. |
2
JPMorgan Short-Term Funds
| Class A |
Class C |
Class I |
Class L |
Class R6 |
Class R5 | |||||||
| JPMorgan Floating Rate Income Fund* | X | X | X | X | ||||||||
| JPMorgan Managed Income Fund | X | X | ||||||||||
| JPMorgan Short Duration Bond Fund | X | X | X | X | ||||||||
| JPMorgan Short Duration Core Plus Fund | X | X | X | X | ||||||||
| JPMorgan Short-Intermediate Municipal Bond Fund | X | X | X | X | ||||||||
| JPMorgan Ultra-Short Municipal Fund | X | X | ||||||||||
| * | This Fund is considered a Short-Term Fund for purchases on or after January 2, 2014. |
Money Market Funds
| Academy |
Agency |
Agency |
Capital |
Digital |
Empower |
IM |
Institutional |
Investor |
Morgan |
Premier |
Reserve |
Service |
Token | |||||||||||||||
| JPMorgan 100% U.S. Treasury Securities Money Market Fund | X | X | X | X | X | X | X | X | X | |||||||||||||||||||
| JPMorgan California Municipal Money Market Fund | X | X | X | X | X | |||||||||||||||||||||||
| JPMorgan Federal Money Market Fund | X | X | X | X | X | |||||||||||||||||||||||
| JPMorgan Liquid Assets Money Market Fund | X | X | X | X | X | X | X | |||||||||||||||||||||
| JPMorgan Municipal Money Market Fund | X | X | X | X | X | |||||||||||||||||||||||
| JPMorgan New York Municipal Money Market Fund | X | X | X | X | X | X | ||||||||||||||||||||||
| JPMorgan Prime Money Market Fund | X | X | X | X | X | X | X | X | X | |||||||||||||||||||
| JPMorgan Securities Lending Money Market Fund | X | |||||||||||||||||||||||||||
| JPMorgan Tax Free Money Market Fund | X | X | X | X | X | |||||||||||||||||||||||
| JPMorgan U.S. Government Money Market Fund | X | X | X | X | X | X | X | X | X | X | X | X | ||||||||||||||||
| JPMorgan U.S. Treasury Plus Money Market Fund | X | X | X | X | X | X | X | X | X | X | ||||||||||||||||||
| JPMorgan Institutional Tax Free Money Market Fund | X | X | X | X | ||||||||||||||||||||||||
| JPMorgan OnChain Liquidity-Token Money Market Fund | X | |||||||||||||||||||||||||||
3