# Product Snapshot - JPMorgan Liquid Assets Money Market Fund > Audience: country=us, language=en, role=adv. > Generated: 2026-10-15T00:37:47.922008480Z. ## Identity - **Fund Name**: JPMorgan Liquid Assets Money Market Fund - **Share Class Name**: JPMorgan Liquid Assets Money Market Fund-Morgan - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-liquid-assets-money-market-fund-morgan-4812c0324) - **Ticker Symbol**: MJLXX - **CUSIP**: 4812C0324 - **Fund Type**: MUTUAL FUND - **Asset Class**: Money Market ## Overview ### Objective The Fund seeks current income with liquidity and stability of principal. The Fund invests exclusively in high-quality, short-term money market instruments. ~~These instruments include corporate notes, commercial paper, funding agreements, certificates of deposit and bank obligations. ~~The Fund will concentrate in the financial services industry, including asset-backed commercial paper programs. ~~The Fund will comply with SEC rules applicable to all money market funds, including Rule 2a-7 under the Investment Company Act of 1940. ## Fund Facts - **Ticker**: MJLXX - **CUSIP**: 4812C0324 - **Share Class Number**: 3911 - **Asset Class**: Money Market - **Fund Inception Date**: 01/01/1987 - **Share Class Inception Date**: 02/19/2005 - **Fund Cut-off Time**: 05:00 PM [Disclosure 1] - **ESG Approach**: Integrated [Disclosure 2] ## Fund Stats - **NAV As of 10/14/2026**: $1.00 - **Market Based NAV As of 10/14/2026**: 0.9998 - **Transaction NAV As of 10/14/2026**: $1.00 - **Daily Yield As of 10/14/2026**: 3.50% - **7 Day SEC Yield As of 10/14/2026**: 3.55% - **7 Day SEC Yield Unsubsidized As of 10/14/2026**: 3.55% - **7 Day Average Yield As of 10/14/2026**: 3.49% - **Daily Distribution Rate As of 10/14/2026**: 0.000095796 - **Fund Assets As of 10/14/2026**: $85.37bn - **Share Class Assets As of 10/14/2026**: $9.35bn - **YTD As of 10/14/2026**: 2.63% - **Daily Liquid Assets As of 10/14/2026**: 33.51% [Disclosure 3] - **Weekly Liquid Assets As of 10/14/2026**: 51.37% [Disclosure 4] - **WAM (days) As of 10/14/2026**: 34 [Disclosure 5] - **WAL (days) As of 10/14/2026**: 66 [Disclosure 6] ## Fees & Charges ### Fees - **Gross Expenses**: 0.57% - **Net Expenses**: 0.57% [Disclosure 7] ## Investment Terms ### Minimum Investments #### IRA - **Minimum Investment**: $1,000 - **Subsequent Investment**: $50 #### Regular - **Minimum Investment**: $1,000 - **Subsequent Investment**: $50 ## Portfolio Managers ### Doris Grillo - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/doris-grillo/) - **In the industry**: 41 years - **With J.P. Morgan**: 25 years - **Managing this fund**: 21 years ### Robert Motroni - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/robert-motroni/) - **In the industry**: 20 years - **With J.P. Morgan**: 11 years - **Managing this fund**: 11 years ### Christopher Tufts - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/christopher-tufts/) - **In the industry**: 29 years - **With J.P. Morgan**: 29 years - **Managing this fund**: 21 years ## Portfolio ### Portfolio Stats - **Fund Assets** (As of 09/30/2026): $84.56bn ### Maturity _As of 09/30/2026_ | Maturity | Maturity | | --- | ---: | | 1 Day | 50.21% | | 2-7 Days | 15.55% | | 8-30 Days | 8.03% | | 31-60 Days | 7.33% | | 61-90 Days | 6.27% | | 91-180 Days | 6.30% | | 181+ Days | 6.31% | [Disclosure 8] ## Documents - [Factsheet: JPMorgan Liquid Assets Money Market Fund (M)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/money-market/FS-LAMM-M.PDF) - [Section 19a Notice - JPMorgan Liquid Assets Money Market Fund](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/section-19-notices/section-19-notice-liquid-assets-mmk-fund.pdf) - [Form N-MFP - Liquid Assets Money Market Fund](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=S000003905&type=N-MFP&dateb=&count=40&scd=filings) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/NCSRS?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/4812C0324/NPX?site=JPMorganv3) ## Disclosures 1. Please refer to the prospectus for additional information about cut-off times. 2. This Fund considers financially material environmental, social and governance ("ESG") factors as part of the Fund's investment process. In actively managed assets deemed by J.P. Morgan Asset Management to be ESG integrated under our governance process, we systematically assess financially material ESG factors amongst other factors in our investment decisions with the goals of managing risk and improving long-term returns. ESG integration does not change a strategy's investment objective, exclude specific types of companies or constrain a strategy's investable universe. 3. Daily liquid assets include (i) cash; (ii) direct obligations of the U.S. Government; (iii) securities that will mature or are subject to a demand feature that is exercisable and payable within one business day; and (iv) amounts receivable and due unconditionally within one business day pending sales of portfolio securities. 4. Weekly liquid assets include (i) cash; (ii) direct obligations of the U.S. Government; (iii) Government securities issued by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States, that are issued at a discount to the principal amount to be repaid at maturity without the provision for the payment of interest and mature within 60 days; (iv) securities that will mature or are subject to a demand feature that is exercisable and payable within five business days; and (v) amounts receivable and due unconditionally within five business days on pending sales of portfolio securities. 5. Weighted Average Maturity: The calculation takes into account the period remaining until the date on which, in accordance with the terms of the security, the principal amount must unconditionally be paid, or in the case of a security called for redemption, the date on which the redemption payment must be made and may utilize the interest rate reset date for variable or floating rate securities. 6. Weighted Average Life: The calculation takes into account the period remaining until the date on which, in accordance with the terms of the security, the principal amount must unconditionally be paid, or in the case of a security called for redemption, the date on which the redemption payment must be made. 7. The Fund's adviser and/or its affiliates have contractually agreed to waive fees and/or reimburse expenses to the extent Total Annual Fund Operating Expenses (excluding acquired fund fees and expenses, dividend and interest expenses related to short sales, interest, taxes, expenses related to litigation and potential litigation and extraordinary expenses) exceed 0.590% of the average daily net assets. The Fund may invest in one or more money market funds advised by the adviser or its affiliates (affiliated money market funds). The Fund's adviser has contractually agreed to waive fees and/or reimburse expenses in an amount sufficient to offset the fees and expenses of the affiliated money market funds incurred by the Fund because of the Fund's investment in such money market funds. These waivers are in effect through 6/30/2027, at which time the adviser will determine whether to renew or revise it. The difference between net and gross fees includes all applicable fee waivers and expense reimbursements. 8. Due to rounding, values may not total 100%.