JNL/American Funds Balanced Fund
JNL Series Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
JNL/American Funds Balanced Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Master-feeder
Fund profile
As filed in the prospectus · 2026 Q2
The Fund (Feeder Fund) seeks high total return (including income and capital gains) consistent with preservation of capital over the long term through exclusive investment in the shares of the American Funds Insurance Series - Asset Allocation Fund (Master Fund).
The fund operates as a feeder, investing all assets in a master fund that dynamically allocates across equities (40–80%), debt (20–50%), and cash (0–40%) based on the adviser's assessment of relative value; the master fund holds a diversified portfolio of stocks, bonds, and money market instruments, with up to 15% in foreign equities and up to 25% of debt assets in lower-rated securities. The allocation shifts with market conditions and adviser judgment about attractiveness, so the fund's risk profile varies accordingly. Multiple portfolio managers oversee different segments of the master fund's portfolio.
| Share class | Gross | Net | As of |
|---|---|---|---|
| C000004694 | 1.20% | 0.90% | 2025 Q2 |
| C000067992 | 0.90% | 0.60% | 2025 Q2 |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 72.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.92% |
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | American Funds Insurance Series - Asset Allocation Fund | 99.92% | $26.62 | $3.94B | 148.1M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 99.92% of net assets, top 25 99.92%, across 1 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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