JNL Growth Allocation Fund

JNL Series Trust

Actively managed U.S. equity fund
$2.79B NAV
29 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

JNL Growth Allocation Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Interval fund · Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund is to seek capital growth and current income.

Strategy · summarised

The fund is a fund of funds that invests in Class I shares of other funds across six investment categories: U.S. Equity, International/Global Equity, Sector Equity, Fixed Income, Allocation, and Alternative. Under normal circumstances it allocates approximately 60% to 100% to equity-focused underlying funds, 0% to 40% to fixed-income funds, and up to 20% each to money market and alternative strategy funds. Some of the underlying funds, including the Jackson Credit Opportunities Fund and Jackson Real Assets Fund, operate as interval funds and do not redeem shares on demand but only on periodic terms set by those funds.

Expenses
0.87% 1.17%across 2 share classes
Share classExpense ratioAs of
C0000394961.17%2025 Q2
C0001922040.87%2025 Q2

Portfolio turnover 24.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.11%
of net assets
Stocks100.11%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new2 exited

New: JNL/Mellon S&P 500 Index Fund

Exited: JNL/Morningstar Wide Moat Index Fund, JNL/Morningstar SMID Moat Focus Index Fund

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+19.45%
3-year
+44.76%
5-year
+30.85%
Volatility
10.86%
Worst 3-yr fall
-9.42%
Cumulative return· Jul 2023 – 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

Issuer%NAVValue
JNL Multi-Manager Select Equity Fund10.50%$292.76M
JNL/Causeway International Value Select Fund8.04%$224.20M
JNL/WCM Focused International Equity Fund7.37%$205.51M
JNL Multi-Manager Emerging Markets Equity Fund6.60%$183.96M
JNL/Newton Equity Income Fund5.82%$162.27M
JNL/T. Rowe Price Value Fund5.03%$140.27M
JNL Multi-Manager Mid Cap Fund4.50%$125.31M
JNL/T. Rowe Price Capital Appreciation Equity Fund4.40%$122.71M
JNL Multi-Manager International Small Cap Fund4.16%$115.93M
JNL/Loomis Sayles Global Growth Fund3.97%$110.80M
Showing 10 of 29Sign in to see more

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 60.39% of net assets, top 25 97.52%, across 29 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.

Sign in free