JNL/Mellon S&P 500 Index Fund

JNL Series Trust · Series S000001727

Equity fund · 99% stocks
$18.33B NAV
507 positions · as of 2026-06-30 · filed 2026-08-26
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund is to track the performance of the S&P 500 Index to provide long-term capital growth.

Strategy · summarised

The fund seeks to replicate the S&P 500 Index by investing substantially all its assets in the stocks that comprise the Index, weighted by their market capitalization. Portfolio turnover is minimal, limited to index additions and deletions, cash flows, and dividend reinvestment. The fund may also hold ETFs, cash, and financial futures to maintain correlation to the Index and manage redemptions. Although ordinarily diversified, the fund may be invested in a non-diversified manner to the extent the Index itself is non-diversified.

Expenses
0.22% 0.52%across 2 share classes
Share classExpense ratioAs of
C0000046340.52%2025 Q2
C0000679680.22%2025 Q2

Portfolio turnover 3.00% · as of 2026 Q2

Allocation

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

103.75%
of net assets
Stocks99.47%
Cash & short-term4.28%
Derivatives0.00%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 8 new9 exited

New: MRVL, HONA, Flex Ltd., Carnival Corporation, CASY, VEEV, DD, FDXF

Largest exited: Jackson National Asset Management, LLC, Carnival Corporation, Coterra Energy Inc., DuPont de Nemours, Inc., Hologic, Inc., EPAM, POOL, CAG

Return profile

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

1-year
+30.42%
3-year
+77.49%
5-year
+80.85%
Volatility
13.43%
Worst 3-yr fall
-8.37%
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
NVIDIA CorporationNVDA7.48%$1.37B
Apple Inc.AAPL6.56%$1.20B
Microsoft CorporationMSFT4.28%$783.95M
Amazon.com, Inc.AMZN3.60%$660.60M
Alphabet Inc.GOOGL3.23%$592.86M
Broadcom Inc.AVGO2.76%$506.04M
Alphabet Inc.GOOG2.58%$472.45M
THE BANK OF NOVA SCOTIA, TORONTO2.18%$400.00M
Micron Technology, Inc.MU2.01%$368.22M
Meta Platforms, Inc.META1.91%$349.91M
Showing 10 of 507Sign 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 36.58% of net assets, top 25 53.42%, across 504 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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