EFTA02698508.pdf

As of Al bonds shown are subject to availability 05/02/2012 J. P. Morgan AI prices aro indicative only and subject to change without notice Please speak to your JPMSI Sales Represemative for Mn levels HY bonds present additional risks concerning liquidity and volablity. Please ensure that these investments are suitable for your clients Additional Risks: Continued deterioration In macroeconomic conditions could lead poor liquidity in the name. lower price fondle.' creel downgrades. Amount Minimum Cushy (M) Issuer Coupon Maturity Price YTM Next Call Date MY Moody's UP Seder Piece Collateral Type 282649BW1 100 EKSPORTFINANS 1.875% 04/02/2013 99.125 2.863% 2.863% Sal r. 88+ Financial 2.000 SR UNSECURED 459745F65 100 INTL LEASE FIN 5.875% 05/01/2013 103.250 2.508% 2.508% 81 BBB- Financial 1.000 SR UNSECURED 780153A05 250 ROYAL CARIBBEAN 7.020% 06/15/2013 105.250 2.166% 2.166% 881 88 Consumer. Cyclical 1.000 SR UNSECURED 1651678Y2 1.220 CHESAPEAKE ENRGY 7.625% 07/15/2013 104.240 3.932% 3.932% Be3 88 7- Energy 1.000 COMPANY GUARNT 404119AH2 100 HCA INC 6.750% 07/15/2013 105.750 1.835% 1.835% 83 8- Consumer. Non-cyclical 1.000 SR UNSECURED 97381WAC8 1.468 WINOSTREAM CORP 8.125% 08/01/2013 108.950 0.815% 0.815% 8a3 8+ Communications 2.000 COMPANY GUARNT 147446AP3 500 CASE NEW HOLLAND 7.750% 09/01/2013 108.420 1.278% 1.278% 8.2 88. Industrial 2.000 COMPANY GUARNT 2787608F4 500 ECHOSTAR DOS 7.000% 10/01/2013 108.200 1.081% 1.081% 882 88- Communications 1.000 COMPANY GUARNT 3453971Z6 500 FORD MOTOR CRED 7.000% 10/01/2013 107.750 1.390% 1.390% Eta 1 88+ Financial 1.000 SR UNSECURED 78442F1162 250 SLM CORP 5.000% 10/01/2013 103.249 2.619% 2.619% Gal 888- Financial 10.000 SR UNSECURED 780153AP7 100 ROYAL CARIBBEAN 6.875% 12/012013 107.500 1.988% 1.988% Sal 88 Coosa. Cynical 1.000 SR UNSECURED 02005NAF7 253 ALLY FINANCIAL 4.500% 02/11/2014 102.000 3.319% 3.319% 81 Br Financial 2.000 COMPANY GUARNT 02406PAEO 500 AMER AXLE 8 MFG 5.250% 02/11/2014 104.650 2.531% 2.531% 82 8 Consumer. Cynical 1.000 COMPANY GUARNT 35906AAA6 100 FRONTIER COMM 8.250% 05/01/2014 110.800 2.626% 2.626% Eta2 88 Communications 2.000 SR UNSECURED 45974V849 100 INTL LEASE FIN 5.650% 06/01/2014 103.750 3.746% 3.746% 81 888- Financial 2.000 SR UNSECURED 780097AL5 100 ROYAL SK SCOTLND 5.000% 10/01/2014 98.875 5.504% 5.504% 8e2 7- 88+ Financial 1.000 SUBORDINATED 314300894 100 FELCOR LODGING 10.000% 10/01/2014 116.250 2.936% 2.936% 82 8- Frannie' 2.000 SR SECURED 27876GAY4 385 ECHOSTAR DRS 6.625% 10/01/2014 110.090 2.280% 2.280% Ba2 88- Communications 1,000 COMPANY GUARNT 480690AV2 1.000 INTERPUBLIC GRP 6.250% 11/15/2014 110.950 1.790% 1.790% Baa3 88+ Cceimunications 2.000 SR UNSECURED 36186CBW2 250 GMAC ILO 6.750% 12/012014 107.000 3.858% 3.858% 81 8+ Financial 2.000 COMPANY GUARNT 780097AP8 100 ROYAL BK SCOTLND 5.050% 01/08/2015 98.250 5.763% 5.763% 842 7- 88+ Financial 1,000 SUBORDINATED 404119AP4 600 HCA INC 6.375% 01/152015 108.000 3.242% 3 242% 83 8- Consumer. Non-cyclical 1.000 SR UNSECURED 165167007 1.150 CHESAPEAKE ENRGY 9.500% 02/152015 107.850 6.359% 6.359% 8a3 88 7- Energy 1.000 COMPANY GUARNT 345397VN0 250 FORD MOTOR CRED 7.000% 041152015 112.375 2.598% 2 598% Sal 88• Financial 100.000 SR UNSECURED 15906AADO 301 FRONTIER COMM 7.875% 04/152015 109.746 4.307% 4.307% 842 88 Communications 2.000 SR UNSECURED 78442FA01 100 SLM CORP 5.000% 04/15/2015 102.250 4.177% 4.177% 881 888- Fnancial 1.000 SR UNSECURED 527288805 100 LEUCADIA NATL 8.125% 09/152015 111.500 4.398% 4.398% 817- 88+ Diversified 2.000 SR UNSECURED 043353AC5 233 ARVINMERITOR 8.125% 091152015 107.790 5.545% 5.545% 83 8- Consumer. Cynical 1.000 COMPANY GUARNT 085790A06 100 BERRY PLASTICS 8.250% 11/15/2015 107.500 5.862% 11/15,2012 1.662% 81 8 Inclustrlal 2.000 SR SECURED 451102AD9 500 ICAHN ENTER/FIN 7.750% 01/15/2016 108.200 5.271% 01/15/2013 1.364% 843 BBB- Financial 1.000 COMPANY GUARNT 2787668E7 991 ECHOSTAR OBS 7.125% 02/01/2016 111 980 3.660% 3 660% 8a2 88- Communications 1.000 COMPANY GUARNT 7677548X1 100 RITE AID CORP 9.750% 06/12/2018 111.625 6.474% 06/122013 3 278% 83 8+ Consumer. Cyclical 1.000 SR SECURED 039380A88 1,184 ARCH COAL INC 8.750% 08/01/2016 101.990 8.178% 08/012013 8.031% 81 8+ r- Energy 1.000 COMPANY GUARNT 21036PAD0 396 CONSTELLATION BR 7.250% 09/01/2016 114.700 3.545% 3.545% Bel 88+ Consumer. Non-cyclical 1.000 COMPANY GUARNT 058498AM8 115 BALL CORP 7.125% 09/012016 110.700 4.376% 09/01/2013 1.569% Gal BB+ Industrial 2.000 COMPANY GUARNT 92552VAC4 100 VIASAT INC 8.875% 09115/2016 109.750 6.278% 09115/2012 0 156% 81 Bo Communications 2.000 COMPANY GUARNT 81180RAE2 1.092 SEAGATE TECH HDD 6.800% 10/012016 112 250 3.753% 3 753% Dal 88+ Technology 1.000 COMPANY GUARNT 574599807 312 MASCO CORP 6.125% 10/0312018 110.120 3.618% 3 618% 842 888- Industrial 1,000 SR UNSECURED 704549AE4 2,285 PEABOOY ENERGY 7.375% 1161/2016 114.000 3.938% 3.938% Sal 88+ Energy 1.000 COMPANY GUARNT 852061AD2 385 SPRINT NEXTEL 6.000% 12/0112016 93.000 7.852% 7.852% 83r- 8+ Communications 2.000 SR UNSECURED 20854PADI 1.430 CONSOL ENERGY 6.000% 04/01/2017 108.480 5.976% 04/01/2014 5.275% 81 BB Energy 2.000 COMPANY GUARNT 35906AAF5 705 FRONTIER COMM 8 250% 04/152017 108.962 6.114% 6.114% 8a2 88 Communications 2.000 SR UNSECURED 125.581GM4 2.000 CIT GROUP INC 5.000% 05/15/2017 101 500 4.661% 4.661% B1e MN/A N/A Financial 2.000 SENIOR NOTES 413827813 100 HARRAHS OPER CO 11 250% 06/01/2017 111.500 8.412% 06/01/2013 5.215% 82 a Consumer. Cyclical 2,000 SR SECURED 912909AC2 500 US STEEL CORP 6.050% 06101/2017 103.750 5.198% 5.198% 81 88 Gam Materiab 1.000 SR UNSECURED 832248901 500 SMITHFIELD FOODS 7.750% 07/01/2017 113.000 4.864% 4.864% 82 88 Consumer. Non-cyclical 1.000 SR UNSECURED 12688CAY5 460 CABLEVISION SYS 6.625% 09115/2017 111.450 6.085% 6.085% 81 13* Communications 2.000 SR UNSECURED 171871A10 650 CINC BELL INC 8 250% 101152017 105.120 7.097% 10/15/2013 6 560% 81 8 Canmunicalions 2.000 COMPANY GUARNT 639365AD7 100 NAVIOS MARITIME 8.875% 11/01/2017 104 250 7.904% 11/01/2013 7.466% Ba3 BB- Industrial 2.000 SR SECURED 97381WAJ3 1.645 WINOSTREAM CORP 7.875% 11/01/2017 113 500 5.027% 5 027% 843 8+ Communicabons 2.000 COMPANY GUARNT 983130A145 539 WYNN LAS VEGAS 7.875% 11/01/2017 111.500 5.422% Paget/0182013 2.547% NN/A N/A BBB- Consumer. Cynical 2.000 1ST MORTGAGE EFTA_R1_02059053 EFTA02698508  As of All bonds shown are subject to avatability 05/02/2012 IP Morgan All prices are indicalvo only and subject to change without r ice Please speak to your JPMSI Sales RepreseMatwe for frm laves HY bonds present additional risks concerning knadity and volabry. Please ensure that these investments are suitable for your clients Additional Risks: Continued deienoration in macroeconomic conditions could lead poor liquidity in the name. lower price and/or credit downgrades. Amount Minimum Cusip (M) Issuer Coupon Maturity Price YTIA Next CM Date YTW Moody's sap Sector Piece Collateral Type 64110LAC0 152 NETFLIX INC 8.500% 11/15/2017 111.250 6671% 11/1512013 3.581% B02 BB. Communications 2.000 COMPANY GUARNT 221643ADI 921 COTT BEVERAGES 6375% 11/15/2017 110.300 6.147% 11/15/2013 4.025% B3 8 Consumer, Non-cyclical 2.000 COMPANY GUARNT 007903AR8 1.130 NAG 8.125% 12/1572017 111.870 5.625% 12/15/2013 2.984% 8a3 BB- Technology 2.000 SR UNSECURED 451102AH0 603 ICAHN ENTER/FIN 8.000% 0111512018 108.490 6.203% 01/15/2014 4.988% 8a3 BBB- Financial 1,000 COMPANY GUARNT 629377BN I 2,000 NRG ENERGY INC 7.545% 01/15/2018 103.500 6.868% 6.868% ei BB. Utilities 2.000 COMPANY GUARNT 912656AG0 267 US STEEL CORP 7.050% 02/01/2018 105.250 5.905% 5.905% 81 ea Basic Materna, 1.000 SR UNSECURED 12686CAZ2 983 CABLEVISION SYS 7.750% 04/15:2016 108.200 6.063% 6.083% BI Communications 2.000 SR UNSECURED 552078B82 100 LYONOELL CHEMICA 11.000% 05/01/2018 110.750 8.658% 0901/2013 0.063% 802 SB• Basic Materials 100.000 COMPANY GUARNT 651290AK4 100 NEWFIELD EXPLOR 7.125% 05115:2018 107.000 5.734% 05/15/2013 3.544% 8a2 BB• Energy 2.000 SR SUBORDINATED 591709AK6 351 METROPCSWIRELES 7.875% 09/01/2018 103.900 7.095% 09001/2014 6.813% 82 a Communications 1.000 COMPANY GUARNT 165167CC9 1.245 CHESAPEAKE ENRGY 7.250% 12/15/2018 98.750 7.296% 7.286% Ba3 BB r - Energy 1.000 COMPANY GUARNT 629377BG6 1,445 NRG ENERGY INC 8.500% 06/15/2019 103.600 7.827% 06/15/2014 7.632% BI BB. Utlliees 5.000 COMPANY GUARNT 225227BA1 1.040 CROWN CASTLE INT 7.125% 11/01/2019 112.820 5.047% 11/01/2014 3.111% Ell 8- Communications 2.000 SR UNSECURED 345397VM2 223 FORD MOTOR CRED 8.125% 01/15/2020 128.250 3.845% 3.845% Sal BBv F,nancial 100,000 SR UNSECURED 864486AC9 957 SUBURBAN PROPANE 7.375% 03/15/2020 107.420 6.167% 03/15/2015 5.725% Ba3 BB r- Consumer. CyCical 2.000 SR UNSECURED 001546AL4 260 AK STEEL CORP 7.625% 05/15/2020 97.440 8.064% 05/15/2015 8.064% 82 elit- Basic Material. 2.000 COMPANY GUARNT 165167CF2 1.250 CHESAPEAKE ENRGY 6.625% 08/15/2020 97.003 7.109% 7.109% 8a3 BB r - Energy 1.000 COMPANY GUARNT 3825508B6 250 GOODYEAR TIRE 6.250% 08/15/2020 107.750 6.997% 0915/2015 6.696% 81 B. Consumer. Cyclical 1.000 COMPANY GUARNT 055381AR8 250 BE AEROSPACE INC 8.875% 1001/2020 112.250 5.065% 10/01/2015 3.943% 8a2 88 Industrial 2.000 SR UNSECURED 293791AW9 100 ENTERPRISE PRODU 7.034% 01/15/2068 108.750 6.488% 01/15/2018 5.234% Baa3 BB• Energy 1.000 COMPANY GUARNT Bank products and services are offered by JPMorgan Chase Bank. NA. and its athletes Securities products and services are offered by J.P. Morgan Securities LLC.. member NYSE. FINRA and SIPC. This material is not Intended as an offer or solicitation for the purchase or sale of any financial Instrument. J.P. Morgan Securities LLC. (JPMS) or its brokerage athletes may hold a position or act as market maker in the financial nstruments 04 any issuer discussed herein or act as an undenanter. pacement agent, advisor or lender lo such issuer. The views end strategies described herein may not be suitable for all investors. This material is distributed with ten understanding that it is not rendering accounting, legal or tax advice. Consult your legal or tax advisor concerning such matters. This material should not be regarded as research or a JPMorgan research capon. Seountes and quotations referenced herein are subject to change and availability without notice. We may hold a position or act as a market maker in any f.iancial instrument discussed herein Actual quotations could be higher or tower subject to market coo:stens and are beseved to be reiatae. but JPAIS does not warrant their competeness or accuracy. !RAS cannot guarantee that different prices would not be available elsewhere and suggests that several valuations from other sources be obtained. YTW Meld to Worst) is the yield to maturity if the worst possible bond repayment takes place. If market yields are higher than the coupon, the yield to worst would assume no prepayment. If market yields are below the coupon. the yield to worst woced assume prepayment. In other words, yield to worst assumes that market yields ale unchanged HY bonds present additional risks concerning liquidity and volatility. Please ensure that these investments are suitable for your clients Additional Risks: Continued deterioration in macroeconomic conditions could lead poor liquidity in the name. lower price and/or credit downgrades. Page 2 of 2 EFTA_R1_02059054 EFTA02698509