Report 
 
      
Registrant:   JPMorgan Trust III — List all N-SARs

Semi-Annual Report (at mid-year) for the 1st-half period ended:  4/30/15

Were there any Answer File errors in the Filing?  None FoundNone Found by SEC InfoNot Checked by the FilerOne or more Found by SEC Info
Was the Answer File completed by the Registrant?  Yes

Is this an Amendment to a previous Report?  No
Is this a change to a previous Report?      No
 
Registrant 
 
 1.
SEC CIK:      1592106
SEC File #:   811-22915

Telephone #:  800-480-4111
 
 2.
Address:      270 Park Avenue
              New York, NY  10017
 
 3.
Is this the first Form N-SAR filed by the Registrant?  Yes
 
 4.
Is this the final Form N-SAR filed by the Registrant?  No
 
 
Funds/Series 
↑Top of Form N-SAR 
     
                                                                               
 7.
Is the Registrant a Funds/Series (multiple portfolios) company?  Yes

The number of separate Funds/Series (portfolios) at period end:  1
The number of separate Funds/Series (portfolios) reported here:  1...

N-SAR S#      Fund/Series — Filings for F/S#… ⇒ Symbols 
 
↓Information Common to All 
↓
Series 1:     JPMorgan Multi-Manager Alternatives Fund — S#44073 ⇒ JMMAX & 4 more
 
Investment Company Type 
 
27.
Is the Registrant an “open-end” investment company?  Yes, Open-End
 
Additional Disclosures 
 
77.
Did the Registrant file any additional Exhibits with the filing of this
Report (listed here and filed either herewith — as one of the ‘EX-99.*’
↑Exhibits in this Filing — or separately and incorporated by reference)?  Yes

EX-99.77I:  Terms of New or Amended Securities?  Yes

EX-99.77O:  Transaction Effected — Rule 10f-3 – ICA’40?  Yes

EX-99.77Q1: Other Disclosure?  Yes
 
Subsidiaries 
 
78.
Does the Registrant have any wholly-owned investment company
subsidiaries whose operating and financial data are consolidated with
that of the Registrant in this Report?  No
 
 All Series
↑List of Funds/Series Reported Here 

Information Common to All Funds/Series
 
 All: 
Investment Adviser 
 
 8.1
Name:         Achievement Asset Management LLC
Role:         Sub-Adviser
Location:     Chicago, IL
 
 8.2
Name:         Chilton Investment Co., LLC
Role:         Sub-Adviser
Location:     Stamford, CT
 
 8.3
Name:         Graham Capital Management, L.P.
Role:         Sub-Adviser
Location:     Rowayton, CT
 
 8.4
Name:         Ionic Capital Management LLC
Role:         Sub-Adviser
Location:     New York, NY
 
 8.5
Name:         J.P. Morgan Alternative Asset Management Inc.
Role:         Adviser
Location:     New York, NY
 
 8.6
Name:         J.P. Morgan Investment Management Inc.
Role:         Sub-Adviser
SEC File #:   801-21011
Location:     New York, NY
 
 8.7
Name:         Owl Creek Asset Management, L.P.
Role:         Sub-Adviser
Location:     New York, NY
 
 8.8
Name:         P. Schoenfeld Asset Management, L.P.
Role:         Sub-Adviser
Location:     New York, NY
 
 8.9
Name:         Passport Capital, LLC
Role:         Sub-Adviser
Location:     San Francisco, CA
 
 All: 
Administrator 
 
10.1
Name:         JPMorgan Funds Management, Inc.
Location:     Westerville, OH
 
 All: 
Principal Underwriter 
 
11.1
Name:         JPMorgan Distribution Services, Inc.
Location:     Westerville, OH
 
 All: 
Shareholder Servicing/Transfer Agent 
 
12.1
Name:         Boston Financial Data Services, Inc.
SEC File #:   084-00896
Location:     Quincy, MA
 
 All: 
Independent Public Accountant 
 
13.1
Name:         Pricewaterhousecoopers LLP
Location:     New York, NY
 
 All: 
Affiliated Broker/Dealer 
 
14.1
Name:         Banc One Securities Group
 
14.2
Name:         Chase Investment Services Corp.
 
14.3
Name:         Investors Brokerage Services, Inc.
 
14.4
Name:         J.P. Morgan Institutional Investments, Inc.
 
14.5
Name:         J.P. Morgan Invest LLC
 
14.6
Name:         J.P. Morgan Securities, Inc.
SEC File #:   008-36950
 
14.7
Name:         JPMorgan Chase Bank
 
14.8
Name:         JPMorgan Distribution Services, Inc.
 
14.9
Name:         Neovest Trading, Inc.
 
14.10
Name:         PMG Securities Corp.
 
 All: 
Custodian 
 
15.1
Name:         JPMorgan Chase Bank, N.A.
Role:         Custodian
Location:     Brooklyn, NY

Type of custody:  Rule 17f-2 — Self
 
 All: 
Brokerage Commissions Paid on Portfolio Transactions 
 
20.
The brokers who received the largest amount of gross brokerage
commissions during the period:
 
20.1
Broker:       Morgan Stanley & Co., Inc.
IRS #:        13-2655998
Commissions paid ($000s):  67
 
20.2
Broker:       Bank of New York Mellon Corp.
IRS #:        13-5160382
Commissions paid ($000s):  34
 
20.3
Broker:       Goldman Sachs & Co., Inc.
IRS #:        13-5108880
Commissions paid ($000s):  12
 
20.4
Broker:       Bank of America Securities LLC
IRS #:        56-2058405
Commissions paid ($000s):  10
 
20.5
Broker:       Weeden & Co., LP
IRS #:        13-3364318
Commissions paid ($000s):  9
 
20.6
Broker:       UBS AG
IRS #:        13-3873456
Commissions paid ($000s):  6
 
20.7
Broker:       Deutsche Bank AG
IRS #:        13-2730828
Commissions paid ($000s):  5
 
20.8
Broker:       HSBC Securities, Inc.
IRS #:        13-2650272
Commissions paid ($000s):  3
 
20.9
Broker:       Citigroup Global Markets, Inc.
IRS #:        11-2418067
Commissions paid ($000s):  3
 
20.10
Broker:       Sanford C. Bernstein & Co., LLC
IRS #:        13-4132953
Commissions paid ($000s):  3
 
21.
Total brokerage commissions paid by the Registrant during the period:
  Aggregate paid ($000s):  187
 
 All: 
Portfolio Transactions with Entities Acting as Principals 
 
22.
The entities acting as principals with whom the Registrant did the
largest amount of portfolio transactions, based on total value of
principal, during the period:
 
22.1
Entity:       Direct Access Partners LLC
IRS #:        82-0543776
Registrant’s purchases ($000s):  25,468
Registrant’s sales ($000s):  12,366
 
22.2
Entity:       Bank of America Securities LLC
IRS #:        56-2058405
Registrant’s purchases ($000s):  2,489
Registrant’s sales ($000s):  773
 
22.3
Entity:       Jefferies & Co., Inc.
IRS #:        95-2622900
Registrant’s purchases ($000s):  3,060
Registrant’s sales ($000s):  175
 
22.4
Entity:       Morgan Stanley & Co., Inc.
IRS #:        13-2655998
Registrant’s purchases ($000s):  334
Registrant’s sales ($000s):  1,028
 
22.5
Entity:       Bank of New York Mellon Corp.
IRS #:        13-5160382
Registrant’s purchases ($000s):  1,281
 
22.6
Entity:       Credit Suisse First Boston LLC
IRS #:        13-2853402
Registrant’s purchases ($000s):  1,158
Registrant’s sales ($000s):  83
 
22.7
Entity:       Deutsche Bank AG
IRS #:        13-2730828
Registrant’s purchases ($000s):  561
Registrant’s sales ($000s):  303
 
22.8
Entity:       Robert W Baird & Co.
IRS #:        39-6037917
Registrant’s purchases ($000s):  486
Registrant’s sales ($000s):  259
 
22.9
Entity:       Citigroup Global Markets, Inc.
IRS #:        11-2418067
Registrant’s purchases ($000s):  612
Registrant’s sales ($000s):  57
 
22.10
Entity:       Goldman Sachs & Co.
IRS #:        13-5108880
Registrant’s purchases ($000s):  425
Registrant’s sales ($000s):  242
 
23.
Total purchase/sale transactions by the Registrant during the period:
   Aggregate purchases ($000s):  51,313
   Aggregate sales ($000s):  30,347
 
 All: 
Considerations which Affected the Participation of Brokers or Dealers 
 
26.
Considerations which affected the participation of brokers or dealers or
other entities in commissions or other compensation paid on portfolio
transactions of the Registrant:

Consideration?
Sales of the Registrant’s/Series’ shares ...............................  Yes
Receipt of investment research and statistical info ....................  Yes
Receipt of quotations for portfolio valuations .........................  No
Ability to execute portfolio transactions to obtain the best price
  and execution ........................................................  Yes
Receipt of telephone line and wire services ............................  No
Broker or Dealer which is an affiliated person .........................  Yes
An arrangement to return or credit part or all of commissions or
  profits thereon...
    To an Investment Adviser or Principal Underwriter, or to an
      affiliated person of either ......................................  No
    To the Registrant ..................................................  No
Other ..................................................................  No
 
 All: 
Advisory Fee 
 
54.
Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  Yes
Accounting services ....................................................  No
Services of independent auditors .......................................  No
Services of outside counsel ............................................  No
Registration and filing fees ...........................................  No
Stationery, supplies and printing ......................................  Yes
Salaries & compensation of Registrant’s interested Directors ...........  No
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  No
Determination of offering and redemption prices ........................  No
Trading department .....................................................  Yes
Prospectus preparation and printing for current shareholders ...........  No
Other ..................................................................  No
 
 All: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $0
 
 Series 1
↑Information Common to All Funds/Series  ↑List of Funds/Series 
 
 7.
Name:         JPMorgan Multi-Manager Alternatives Fund — S#44073 ⇒ JMMAX & 4 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 1: 
Custodian 
 
18.
Does the Registrant’s/Series’ Custodian(s) maintain some or all of the
Registrant’s/Series’ securities in a central depository or book-entry
system pursuant to Rule 17f-4?  Yes
 
 S 1: 
Family of Investment Companies 
 
19.
Is the Registrant/Series part of a “family” of investment companies?  Yes

Total number of registered management investment companies, Series
and portfolios (excluding any Unit Investment Trusts) in the family:  158

The Identification Code of the family for Form N-SAR Filings:  JPMORGANF
 
 S 1: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1
Name:         Bank of America Securities LLC
IRS #:        56-2058405
Type of security owned:  Equity
Value of securities owned at period end ($000s):  256
 
25.2
Name:         Citigroup Global Markets, Inc.
IRS #:        11-2418067
Type of security owned:  Equity
Value of securities owned at period end ($000s):  293
 
25.3
Name:         Goldman Sachs & Co.
IRS #:        13-5108880
Type of security owned:  Equity
Value of securities owned at period end ($000s):  334
 
25.4
Name:         Jefferies & Co., Inc.
IRS #:        95-2622900
Type of security owned:  Debt
Value of securities owned at period end ($000s):  18
 
 S 1: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 99,500
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 –
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 3
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 –
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 –
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 –
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 1,847
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 –
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 1,486
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 –
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 3,599
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 106,435
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  1,705
 
 S 1: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  0

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.25%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  0

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  0
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  No
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S 1: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 –
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 –
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  3
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  0
 
 S 1: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  Yes
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  1.75%
    Step-fee rates:
      For 1st $000s:  0
        Annual rate:  0.0%
 
49.
Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.
Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.
Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.
Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.
Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
 S 1: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  Yes
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 1: 
Classification and Asset Allocation 
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S 1: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes to both
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes to both
Writing or investing in interest rate futures?           Yes to both
Writing or investing in stock index futures?             Yes to both
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         Yes to both
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes to both
Margin purchases?                                        No        –
Short selling?                                           Yes to both
 
 S 1: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  150,554
Sales ($000s):      77,084

Monthly average Value of portfolio ($000s):  72,042

Percent turnover (lesser of Purchases or Sales, divided by Value):  107%
 
 S 1: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  6

Income  ($000s)
Net interest income ..............................................
 126
Net dividend income ..............................................
 400
Account maintenance fees .........................................
 –
Net other income .................................................
 –

Expenses  ($000s)
Advisory fees ....................................................
 996
Administrator fees ...............................................
 48
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 8
Custodian fees ...................................................
 170
Postage ..........................................................
 –
Printing expenses ................................................
 7
Directors’ fees ..................................................
 7
Registration fees ................................................
 7
Taxes ............................................................
 –
Interest .........................................................
 2
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 80
Legal fees .......................................................
 15
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 3
Amortization of organization expenses ............................
 244
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 570
Total expenses ...................................................
 2,157

Expense reimbursements ($000s):   709

Net investment income ($000s):    -922

Realized capital gains ($000s):   2,406
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  1,133
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  0

Total capital gains distributions for which the record date passed
during the period ($000s):  0
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S 1: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 7,604
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 11,099
Preferred, conv. preferred and adjustable-rate preferred stock ...
 1,803
Common stock .....................................................
 59,640
Options on equities ..............................................
 592
Options on all futures ...........................................
 –
Other investments ................................................
 19,060
Receivables from portfolio instruments sold ......................
 5,871
Receivables from affiliated persons ..............................
 80
Other receivables ................................................
 1,582
All other assets .................................................
 46,834
Total assets .....................................................
 154,165

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 5,274
Amounts owed to affiliated persons ...............................
 145
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 38,038
  Written options ................................................
 262
  All other liabilities ..........................................
 911

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 109,535

Number of shares outstanding (000s):   6,901
Number of shares outstanding of a second class of shares (000s):  212

Net Asset Value (NAV) per share (to nearest cent):  $0

Total number of shareholder accounts:  46

Total value of assets in segregated accounts ($000s):  30,229
 
75.
Monthly average net assets during the period ($000s):  103,608
 
 S 1: 
Fidelity Bond in Effect at Fiscal Year End 
 
81.
Is the bond part of a joint fidelity bond(s) shared with other
investment companies or other entities?  No
 
82.
Does the mandatory coverage of the fidelity bond have a deductible?  Yes
 
83.
Were any claims with respect to this Registrant/Series filed under the
bond during the period?  No
 
84.
Were any losses incurred with respect to this Registrant/Series that
could have been filed as a claim under the fidelity bond but were not?  No
 
85.
Are the Registrant’s/Series’ Officers and Directors covered as Officers
and Directors of the Registrant/Series under any errors and omissions
insurance policy owned by the Registrant/Series or anyone else?  Yes

Were any claims filed under such policy during the period with respect
to the Registrant/Series?  No
 
 Signature 
 
↑Top of Form N-SAR 
     
                                                                               
/s/      Lauren A. Paino      
Name:   Lauren A. Paino
Title:  Treasurer & Principal Financial Officer