<PAGE> PAGE 1
000 A000000 05/31/99
000 C000000 0000894089
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 J.P. MORGAN FUNDS
001 B000000 811-7340
001 C000000 6175570700
002 A000000 60 STATE STREET SUITE 1300
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 18
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C021200 J.P. MORGAN PRIME MONEY MARKET FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C011500 15
007 C021500 J.P. MORGAN EUROPEAN EQUITY FUND
007 C031500 N
007 C011600 16
007 C021600 J.P. MORGAN INTERNATIONAL OPPORTUNITIES FUND
007 C031600 N
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
<PAGE> PAGE 2
007 C012400 24
007 C012500 25
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007 C012900 29
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<PAGE> PAGE 3
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010 B00AA01 8-420518
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010 C03AA01 02116
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010 C02AA02 NY
010 C03AA02 10036
010 A00AA03 PIERPONT GROUP, INC.
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010 C02AA03 NY
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011 C03AA01 02116
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012 C03AA01 02101
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012 C02AA02 NY
012 C03AA02 10036
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013 B02AA01 NY
013 B03AA01 10036
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<PAGE> PAGE 4
014 A00AA02 JP MORGAN SECURITIES, INC.
014 B00AA02 8-99999
014 A00AA03 JP MORGAN SECURITIES LTD.
014 B00AA03 8-99999
014 A00AA04 BOSTON INSTITUTIONAL SERVICES INC.
014 B00AA04 8-99999
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
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019 C00AA00 J.P MORGAN
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020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
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020 C000009 0
020 C000010 0
021 000000 0
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022 D000002 39270
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022 C000003 2548
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<PAGE> PAGE 5
022 C000010 0
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<PAGE> PAGE 6
048 A01AA00 0
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056 00AA00 N
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<PAGE> PAGE 7
077 A000000 N
078 000000 N
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<PAGE> PAGE 8
060 B001200 Y
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070 C011200 N
070 C021200 N
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 Y
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070 M011200 N
070 M021200 N
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070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
058 A001500 N
059 001500 Y
060 A001500 Y
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061 001500 2500
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 Y
070 L021500 N
070 M011500 Y
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
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<PAGE> PAGE 12
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<PAGE> PAGE 13
074 R041500 38
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028 A011600 6419
028 A021600 1092
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028 A041600 8369
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028 B041600 6593
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028 E041600 5062
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028 F041600 4527
028 G011600 29117
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028 G041600 39270
028 H001600 0
058 A001600 N
059 001600 Y
060 A001600 Y
060 B001600 Y
061 001600 2500
070 A011600 Y
070 A021600 N
070 B011600 Y
070 B021600 N
<PAGE> PAGE 14
070 C011600 Y
070 C021600 N
070 D011600 Y
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 Y
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 Y
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070 I011600 N
070 I021600 N
070 J011600 Y
070 J021600 N
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070 K021600 Y
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070 M021600 N
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070 O021600 N
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070 Q021600 N
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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SIGNATURE GEORGE A RIO
TITLE ASST. TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated May 31, 1999 for the J.P. Morgan International Opportunities Fund
and is qualified in its entirety by reference to such semi-annual report.
</LEGEND>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated May 31, 1999 for the J.P. Morgan European Equity Fund and is
qualified in its entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
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qualified in its entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
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