JNL/Mellon U.S. Stock Market Index Fund
JNL Series Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
JNL/Mellon U.S. Stock Market Index Fund is a U.S. equity index fund that tracks the Morningstar US Market Index. 22% of JNL/Mellon U.S. Stock Market Index Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
The investment objective of the Fund is to track the performance of the Morningstar US Market Index SM to provide long-term capital appreciation.
The fund seeks to replicate the Morningstar US Market Index, a broad market benchmark of small, medium, and large capitalization U.S. stocks covering approximately 97% of investable market capitalization, by investing substantially all assets in the Index's constituents. Day-to-day management is delegated to Mellon Investments Corporation, which employs a passive indexing approach. The fund may, at times, be invested in a non-diversified manner to the extent the Index itself is non-diversified.
| Share class | Expense ratio | As of |
|---|---|---|
| C000192074 | 0.31% | 2025 Q2 |
| C000192075 | 0.61% | 2025 Q2 |
Portfolio turnover 2.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.89% |
| Cash & short-term | 0.31% |
| Derivatives | -0.00% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 35.5% |
| Financials | 11.7% |
| Industrials | 9.6% |
| Consumer Discretionary | 9.3% |
| 10 smaller | 33.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: HONA, Carnival Corporation, SUNB, DD, SMTC, FORM, DOCN, AAOI
Largest exited: Carnival Corporation, Coterra Energy Inc., DuPont de Nemours, Inc., Hologic, Inc., Masimo Corporation, Clearwater Analytics Holdings, Inc., Sealed Air Corporation, Air Lease Corporation
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 |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorporationNVDA | 6.67% | $200.09 | $328.21M | 1.6M |
| AAPL | Apple Inc.AAPL | 6.04% | $289.36 | $297.08M | 1.0M |
| MSFT | Microsoft CorporationMSFT | 3.94% | $373.02 | $193.95M | 519.9K |
| AMZN | Amazon.com, Inc.AMZN | 3.33% | $238.34 | $163.71M | 686.9K |
| GOOGL | Alphabet Inc.GOOGL | 2.97% | $357.37 | $146.37M | 409.6K |
| AVGO | Broadcom Inc.AVGO | 2.50% | $377.75 | $123.01M | 325.6K |
| GOOG | Alphabet Inc.GOOG | 2.36% | $353.33 | $116.23M | 329.0K |
| MU | Micron Technology, Inc.MU | 1.84% | $1,154.29 | $90.81M | 78.7K |
| META | Meta Platforms, Inc.META | 1.75% | $563.29 | $86.21M | 153.1K |
| TSLA | Tesla Inc.TSLA | 1.69% | $420.60 | $82.93M | 197.2K |
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 33.09% of net assets, top 25 46.62%, across 1.2K 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