| |
|
IM |
Management
Fees |
|
Distribution
(Rule 12b-1) Fees |
|
Other
Expenses |
|
Service
Fees |
|
Remainder
of Other Expenses |
|
Total
Annual Fund Operating Expenses |
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
IM
SHARES ($) |
|
|
|
|
|
|
|
| |
|
| ||
|
|
|
|
|
|
|
|
|
|
| ||
|
Past |
Life of
Fund
since |
|
1
Year |
|
IM
SHARES |
|
|
For
IM Shares |
|
To
establish an account |
$50,000,000 |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
|
IM |
Management
Fees |
0.08% |
Distribution
(Rule 12b-1) Fees |
NONE |
Other
Expenses |
0.05 |
Service
Fees |
NONE |
Remainder
of Other Expenses |
0.05 |
Total
Annual Fund Operating Expenses |
0.13 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
IM
SHARES ($) |
13 |
42 |
73 |
166 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
1Q,
2019 |
0.65% |
Worst
Quarter |
2Q and 3Q
2014
4Q
2020 |
0.01% |
|
4Q
2021 |
The Fund’s
year-to-date total return |
through |
3/31/22 |
was |
0.01% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2021) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
IM
SHARES |
0.07% |
1.23% |
0.71% |
For
IM Shares |
|
To
establish an account |
$50,000,000 |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
|
IM |
Management
Fees |
0.08% |
Distribution
(Rule 12b-1) Fees |
NONE |
Other
Expenses |
0.10 |
Service
Fees |
NONE |
Remainder
of Other Expenses |
0.10 |
Total
Annual Fund Operating Expenses |
0.18 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
IM
SHARES ($) |
18 |
58 |
101 |
230 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
1Q
and |
2Q
2019 |
0.56% |
Worst
Quarter |
1Q, 2Q, 3Q
and 4Q 2012
1Q, 2Q, 3Q
and 4Q 2013
1Q, 2Q, 3Q
and 4Q 2014
1Q, 2Q, 3Q
and 4Q 2015
4Q
2020
1Q, 2Q, 3Q
and |
0.00% | |
|
4Q
2021 |
The Fund’s
year-to-date total return |
through |
3/31/22 |
was |
0.01% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2021) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
IM
SHARES |
0.01% |
0.97% |
0.50% |
For
IM Shares |
|
To
establish an account |
$50,000,000 |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
|
IM |
Management
Fees |
0.08% |
Distribution
(Rule 12b-1) Fees |
NONE |
Other
Expenses |
0.05 |
Service
Fees |
NONE |
Remainder
of Other Expenses |
0.05 |
Total
Annual Fund Operating Expenses |
0.13 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
IM
SHARES ($) |
13 |
42 |
73 |
166 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2Q,
2019 |
0.58% |
Worst
Quarter |
1Q and 2Q
2012
1Q, 2Q, 3Q
and 4Q 2013
1Q, 2Q, 3Q
and 4Q 2014
1Q, 2Q
and |
0.00% |
|
3Q
2015 |
The Fund’s
year-to-date total return |
through |
3/31/22 |
was |
0.02% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2021) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
IM
SHARES |
0.03% |
1.01% |
0.54% |
For
IM Shares |
|
To
establish an account |
$50,000,000 |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
|
IM |
Management
Fees |
0.08% |
Distribution
(Rule 12b-1) Fees |
NONE |
Other
Expenses |
0.06 |
Service
Fees |
NONE |
Remainder
of Other Expenses |
0.06 |
Total
Annual Fund Operating Expenses |
0.14 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
IM
SHARES ($) |
14 |
45 |
79 |
179 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2Q,
2019 |
0.58% |
Worst
Quarter |
1Q, 2Q, 3Q
and 4Q 2012
1Q, 2Q, 3Q
and 4Q 2013
1Q, 2Q, 3Q
and 4Q 2014
1Q, 2Q and 3Q
2015
2Q, 3Q
and |
0.00% |
|
4Q
2021 |
The Fund’s
year-to-date total return |
through |
3/31/22 |
was |
0.01% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2021) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
IM
SHARES |
0.01% |
1.01% |
0.53% |
For
IM Shares |
|
To
establish an account |
$50,000,000 |
To
add to an account |
No
minimum levels |
FUNDAMENTAL
INVESTMENT OBJECTIVES |
An
investment objective is fundamental if it cannot be changed without the
consent of a majority of the outstanding shares of the
Fund.
The investment objective for each of the U.S. Government Money Market Fund
and U.S. Treasury Plus Money Market Fund is
fundamental.
The investment objective for each of the 100% U.S. Treasury Securities
Money Market Fund, Institutional Tax Free
Money
Market Fund and Prime Money Market Fund is non-fundamental and may be
changed without the consent of a majority of the
outstanding
shares of that Fund. |
|
Institutional
Tax Free Money Market Fund |
Prime
Money Market Fund |
100%
U.S. Treasury Securities Money Market Fund |
U.S.
Government Money Market Fund |
U.S.
Treasury Plus Money Market Fund |
Asia
Pacific Market Risk |
|
○ |
|
|
|
Asset-Backed,
Mortgage-Related and Mortgage-Backed Securities Risk |
|
• |
|
• |
|
Concentration
Risk |
|
• |
|
|
|
|
Institutional
Tax Free Money Market Fund |
Prime Money
Market Fund |
100% U.S.
Treasury Securities Money Market Fund |
U.S.
Government Money Market Fund |
U.S.
Treasury Plus Money Market Fund |
Credit
Risk |
• |
• |
• |
• |
• |
Cyber
Security Risk |
○ |
○ |
○ |
○ |
○ |
European
Market Risk |
|
○ |
|
|
|
Floating and
Variable Rate Securities Risk |
• |
• |
○ |
• |
○ |
Foreign
Securities Risk |
|
• |
|
|
|
General
Market Risk |
• |
• |
• |
• |
• |
Geographic
Focus Risk |
|
○ |
|
|
|
Government
Securities Risk |
• |
• |
• |
• |
• |
Industry and
Sector Focus Risk |
• |
• |
|
|
|
Interest
Rate Risk |
• |
• |
• |
• |
• |
Interfund
Lending Risk |
|
|
|
• |
|
Japan
Risk |
|
○ |
|
|
|
LIBOR
Discontinuance or Unavailability Risk |
• |
• |
• |
• |
• |
Municipal
Obligations Risk |
• |
• |
|
|
|
Net Asset
Value Risk |
|
|
• |
• |
• |
Prepayment
Risk |
• |
• |
• |
• |
• |
Privately
Placed Securities Risk |
• |
• |
|
|
|
Repurchase
Agreement Risk |
○ |
• |
|
• |
• |
Risk
Associated with the Fund Holding Cash |
• |
• |
• |
• |
• |
Risk of
Regulation of Money Market Funds |
• |
• |
• |
• |
• |
State and
Local Taxation Risk |
|
|
|
• |
|
Structured
Product Risk |
• |
|
|
|
|
Tax
Risk |
• |
|
|
|
|
Transactions
and Liquidity Risk |
• |
• |
• |
• |
• |
Volcker Rule
Risk |
○ |
○ |
○ |
○ |
○ |
When-Issued,
Delayed Settlement and Forward Commitment Transactions
Risk |
○ |
• |
|
• |
|
Institutional
Tax Free Money Market Fund |
0.04% |
Prime
Money Market Fund |
0.06 |
100%
U.S. Treasury Securities Money Market Fund |
0.03 |
U.S.
Government Money Market Fund |
0.03 |
U.S.
Treasury Plus Money Market Fund |
0.03 |
IMPORTANT
TAX REPORTING CONSIDERATIONS |
Your
Financial Intermediary or the Funds (if you hold your shares in a Fund
direct account) is required to report gains and losses to
the
IRS in connection with redemptions of shares by S corporations purchased
after January 1, 2012. If a shareholder is a corporation
and
has not instructed the Fund that it is a C corporation in its account
application or by written instruction to J.P. Morgan Funds
Services,
P.O. Box 219143, Kansas City, MO 64121-9145, the Funds will treat the
shareholder as an S corporation and file a Form
1099-B. |
|
|
Per share
operating performance | |||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of period |
Net
investment
income
(loss) |
Net realized
and unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Institutional Tax Free Money Market Fund |
|
|
|
|
|
|
|
IM |
|
|
|
|
|
|
|
Year
Ended February 28, 2022 |
$1.0005 |
$0.0002 |
$(0.0002) |
$—
(d) |
$(0.0002) |
$— |
$(0.0002) |
Year
Ended February 28, 2021 |
1.0000 |
0.0030 |
0.0005 |
0.0035 |
(0.0030) |
—
(d) |
(0.0030) |
Year
Ended February 29, 2020 |
1.0000 |
0.0127 |
—
(d) |
0.0127 |
(0.0127) |
—
(d) |
(0.0127) |
March 1,
2018 (f) through February 28, 2019 |
1.0000 |
0.0133 |
—
(d) |
0.0133 |
(0.0133) |
—
(d) |
(0.0133) |
|
Ratios/Supplemental
data | ||||
|
|
|
Ratios to
average net assets (a) | ||
Net asset
value,
end of
period |
Total return
(b) |
Net assets,
end of
period
(000’s) |
Net
expenses
(c) |
Net
investment
income
(loss) |
Expenses
without waivers,
reimbursements and
earnings
credits |
|
|
|
|
|
|
|
|
|
|
|
|
$1.0003 |
0.00%
(h) |
$723,312 |
0.08%
(e) |
0.02% |
0.15% |
1.0005 |
0.35 |
665,960 |
0.15 (e) |
0.18 |
0.16 |
1.0000 |
1.28 |
391,386 |
0.16 |
1.24 |
0.18 |
1.0000 |
1.34 |
475,368 |
0.16
(g) |
1.32
(g) |
0.23
(g) |
|
|
Per share
operating performance | |||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of period |
Net
investment
income
(loss) |
Net realized
and unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Prime Money Market Fund |
|
|
|
|
|
|
|
IM |
|
|
|
|
|
|
|
Year
Ended February 28, 2022 |
$1.0006 |
$0.0007 |
$(0.0003) |
$0.0004 |
$(0.0007) |
$— |
$(0.0007) |
Year
Ended February 28, 2021 |
1.0006 |
0.0039 |
—
(c) |
0.0039 |
(0.0039) |
—
(c) |
(0.0039) |
Year
Ended February 29, 2020 |
1.0003 |
0.0216 |
0.0003 |
0.0219 |
(0.0216) |
—
(c) |
(0.0216) |
Year
Ended February 28, 2019 |
1.0001 |
0.0215 |
0.0002 |
0.0217 |
(0.0215) |
—
(c) |
(0.0215) |
Year
Ended February 28, 2018 |
1.0004 |
0.0124
(d) |
(0.0004) |
0.0120 |
(0.0123) |
—
(c) |
(0.0123) |
|
Ratios/Supplemental
data | ||||
|
|
|
Ratios to
average net assets | ||
Net asset
value,
end of
period |
Total
return |
Net assets,
end of
period
(000’s) |
Net
expenses
(a) |
Net
investment
income
(loss) |
Expenses
without waivers,
reimbursements and
earnings
credits |
|
|
|
|
|
|
|
|
|
|
|
|
$1.0003 |
0.04% |
$9,524,945 |
0.10%
(b) |
0.07% |
0.13% |
1.0006 |
0.39 |
7,515,957 |
0.13 (b) |
0.35 |
0.14 |
1.0006 |
2.21 |
5,541,728 |
0.15 |
2.12 |
0.15 |
1.0003 |
2.19 |
1,896,262 |
0.16 |
2.13 |
0.16 |
1.0001 |
1.21 |
2,032,079 |
0.16 |
1.24 |
0.16 |
|
|
Per share
operating performance | |||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of period |
Net
investment
income
(loss)
(b) |
Net realized
and unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
100% U.S. Treasury Securities Money
Market
Fund |
|
|
|
|
|
|
|
IM |
|
|
|
|
|
|
|
Year
Ended February 28, 2022 |
$1.00 |
$— |
$— |
$— |
$— |
$— |
$— |
Year
Ended February 28, 2021 |
1.00 |
—
(e) |
—
(e) |
—
(e) |
—
(e) |
— |
—
(e) |
January 15,
2020 (g) through February 29, 2020 |
1.00 |
—
(e) |
—
(e) |
—
(e) |
—
(e) |
— |
—
(e) |
|
Ratios/Supplemental
data | ||||
|
|
|
Ratios to
average net assets (a) | ||
Net asset
value,
end of
period |
Total return
(c) |
Net assets,
end of
period
(000’s) |
Net
expenses
(d) |
Net
investment
income
(loss) |
Expenses
without waivers,
reimbursements and
earnings
credits |
|
|
|
|
|
|
|
|
|
|
|
|
$1.00 |
0.01% |
$224 |
0.04%
(f) |
0.01% |
0.18% |
1.00 |
0.16 |
227 |
0.13 (f) |
0.11 |
0.14 |
1.00 |
0.18 |
11,885 |
0.15 |
1.46 |
0.15 |
|
|
Per share
operating performance | |||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of period |
Net
investment
income
(loss)
(a) |
Net realized
and unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |