<PAGE> PAGE 1
000 A000000 12/31/1999
000 C000000 894089
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 JP 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 C020800 JP MORGAN DIVERSIFIED FUND
007 C030800 N
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
<PAGE> PAGE 2
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
<PAGE> PAGE 3
007 C017900 79
007 C018000 80
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
010 A00AA01 FUNDS DISTRIBUTOR, INC.
010 B00AA01 8-420518
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
010 A00AA02 PIERPONT GROUP, INC.
010 C01AA02 NEW YORK
010 C02AA02 NY
010 C03AA02 10017
010 A00AA03 MORGAN GUARANTY TRUST CO. OF NY
010 B00AA03 8-499999
010 C01AA03 NEW YORK
010 C02AA03 NY
010 C03AA03 10036
011 A00AA01 FUNDS DISTRIBUTOR, INC.
011 B00AA01 8-420518
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 STATE STREET BANK AND TRUST CO.
012 B00AA01 85-50003
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02101
012 A00AA02 MORGAN GUARANTY TRUST CO. OF N.Y.
012 B00AA02 84-99999
012 C01AA02 NEW YORK
012 C02AA02 NY
012 C03AA02 10036
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 FUNDS DITRIBUTOR, INC.
014 B00AA01 8-420518
014 A00AA02 JP MORGAN SECURITIES, INC.
014 B00AA02 8-99999
014 A00AA03 JP MORGAN SECURITIES LTD.
014 B00AA03 8-99999
<PAGE> PAGE 4
014 A00AA04 BOSTON INSTITUTIONAL SERVICES, INC.
014 B00AA04 8-999999
015 A00AA01 STATE STREET BANK AND TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 71
019 C00AA00 J.P.MORGAN
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 THE DIVERSIFIED PORTFOLIO
022 C000001 82368
022 D000001 32663
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 82368
023 D000000 32663
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
<PAGE> PAGE 5
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
<PAGE> PAGE 6
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 N
067 00AA00 Y
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
<PAGE> PAGE 7
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 Y
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
<PAGE> PAGE 8
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 0
074 M000600 0
074 N000600 0
028 A010800 4374
028 A020800 0
028 A030800 0
028 A040800 2923
028 B010800 42147
028 B020800 549
028 B030800 0
028 B040800 3063
028 C010800 2959
028 C020800 0
028 C030800 0
028 C040800 6498
028 D010800 25609
028 D020800 0
028 D030800 0
028 D040800 6076
028 E010800 4011
028 E020800 0
028 E030800 0
028 E040800 5962
028 F010800 3266
028 F020800 13592
028 F030800 0
028 F040800 8142
028 G010800 82366
028 G020800 14141
028 G030800 0
028 G040800 32664
028 H000800 0
058 A000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 2500
071 A000800 0
071 B000800 0
071 C000800 0
071 D000800 0
072 A000800 6
072 B000800 0
072 C000800 0
072 D000800 0
072 E000800 3787
072 F000800 0
<PAGE> PAGE 9
072 G000800 44
072 H000800 0
072 I000800 407
072 J000800 0
072 K000800 0
072 L000800 7
072 M000800 1
072 N000800 12
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 6
072 S000800 1
072 T000800 0
072 U000800 0
072 V000800 0
072 W000800 8
072 X000800 486
072 Y000800 1
072 Z000800 3303
072AA000800 7279
072BB000800 0
072CC010800 12116
072CC020800 0
072DD010800 3552
072DD020800 0
072EE000800 10741
073 A010800 0.1800
073 A020800 0.0000
073 B000800 0.5500
073 C000800 0.0000
074 A000800 0
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 338543
074 J000800 0
074 K000800 0
074 L000800 305
074 M000800 2
074 N000800 338850
074 O000800 0
074 P000800 77
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
<PAGE> PAGE 10
074 R040800 196
074 S000800 0
074 T000800 338577
074 U010800 20253
074 U020800 0
074 V010800 16.72
074 V020800 0.00
074 W000800 0.0000
074 X000800 741
074 Y000800 0
075 A000800 0
075 B000800 308342
076 000800 0.00
083 A000800 N
083 B000800 0
084 A000800 N
084 B000800 0
085 A000800 N
085 B000800 N
074 A000900 0
074 B000900 0
074 C000900 0
074 D000900 0
074 E000900 0
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 0
074 L000900 0
074 M000900 0
074 N000900 0
028 A011800 0
028 A021800 0
028 A031800 0
028 A041800 0
028 B011800 0
028 B021800 0
028 B031800 0
028 B041800 0
028 C011800 0
028 C021800 0
028 C031800 0
028 C041800 0
028 D011800 0
028 D021800 0
028 D031800 0
028 D041800 0
028 E011800 0
028 E021800 0
<PAGE> PAGE 11
028 E031800 0
028 E041800 0
028 F011800 0
028 F021800 0
028 F031800 0
028 F041800 0
028 G011800 0
028 G021800 0
028 G031800 0
028 G041800 0
028 H001800 0
028 A013200 4374
028 A023200 0
028 A033200 0
028 A043200 2923
028 B013200 42148
028 B023200 549
028 B033200 0
028 B043200 3063
028 C013200 2959
028 C023200 0
028 C033200 0
028 C043200 6498
028 D013200 25609
028 D023200 0
028 D033200 0
028 D043200 6076
028 E013200 4012
028 E023200 0
028 E033200 0
028 E043200 5962
028 F013200 3266
028 F023200 13593
028 F033200 0
028 F043200 8141
028 G013200 82368
028 G023200 14142
028 G033200 0
028 G043200 32663
028 H003200 0
061 003200 0
072 I003400 0
072 J003400 0
072 K003400 0
072 L003400 0
072 M003400 0
072 N003400 0
072 O003400 0
072 P003400 0
072 Q003400 0
072 R003400 0
<PAGE> PAGE 12
072 S003400 0
072 T003400 0
072 U003400 0
072 V003400 0
072 W003400 0
072 X003400 0
074 O003600 0
074 P003600 0
074 Q003600 0
074 R013600 0
074 R023600 0
074 R033600 0
074 R043600 0
074 S003600 0
074 T003600 0
074 U013600 0
074 U023600 0
074 V013600 0.00
074 V023600 0.00
074 W003600 0.0000
074 X003600 0
074 Y003600 0
SIGNATURE GEORGE A RIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated December 31, 1999 for the J.P. Morgan Diversified Fund and
is qualified in its entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 338542
<RECEIVABLES> 305
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 338849
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 273
<TOTAL-LIABILITIES> 273
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 280426
<SHARES-COMMON-STOCK> 20253
<SHARES-COMMON-PRIOR> 16274
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 217
<ACCUMULATED-NET-GAINS> 5213
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 53154
<NET-ASSETS> 338576
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 3787
<EXPENSES-NET> 485
<NET-INVESTMENT-INCOME> 3302
<REALIZED-GAINS-CURRENT> 7279
<APPREC-INCREASE-CURRENT> 12116
<NET-CHANGE-FROM-OPS> 22697
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3552
<DISTRIBUTIONS-OF-GAINS> 10741
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5106
<NUMBER-OF-SHARES-REDEEMED> 1994
<SHARES-REINVESTED> 867
<NET-CHANGE-IN-ASSETS> 72250
<ACCUMULATED-NII-PRIOR> 32
<ACCUMULATED-GAINS-PRIOR> 8676
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 486
<AVERAGE-NET-ASSETS> 308342
<PER-SHARE-NAV-BEGIN> 16.36
<PER-SHARE-NII> .17
<PER-SHARE-GAIN-APPREC> .92
<PER-SHARE-DIVIDEND> .18
<PER-SHARE-DISTRIBUTIONS> .55
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.72
<EXPENSE-RATIO> .96
</TABLE>
