JNL/Mellon U.S. Stock Market Index Fund
U.S. stock index fund · tracks Morningstar US Market Index
As of its 2026 Q2 report, JNL/Mellon U.S. Stock Market Index Fund held 1,186 positions with $4.92B in net assets. Its ten largest holdings made up 33.1% of the fund. Its share classes cost 0.31%–0.61% a year. Over the 12 months to May 2026, it returned 29.1%, with dividends reinvested. In 2026 Q2 it added 79 new positions and exited 58.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
6.67% | $328.21M | 1.6M | $200.09 | |
AAPLApple Inc. | 6.04% | $297.08M | 1.0M | $289.36 |
3.94% | $193.95M | 519.9K | $373.02 | |
AMZNAmazon.com, Inc. | 3.33% | $163.71M | 686.9K | $238.34 |
GOOGLAlphabet Inc. | 2.97% | $146.37M | 409.6K | $357.37 |
AVGOBroadcom Inc. | 2.50% | $123.01M | 325.6K | $377.75 |
GOOGAlphabet Inc. | 2.36% | $116.23M | 329.0K | $353.33 |
1.84% | $90.81M | 78.7K | $1,154.29 | |
1.75% | $86.21M | 153.1K | $563.29 | |
TSLATesla Inc. | 1.69% | $82.93M | 197.2K | $420.60 |
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.
The 200 largest of 1,186 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| 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.
By sector
- Information Technology
- 35.5%
- Financials
- 11.7%
- Industrials
- 9.6%
- Consumer Discretionary
- 9.3%
- 10 other sectors
- 33.9%
- Information Technology
- 35.5%
- Financials
- 11.7%
- Industrials
- 9.6%
- Consumer Discretionary
- 9.3%
- Communication Services
- 9.1%
- Health Care
- 9.1%
- Consumer Staples
- 4.4%
- Energy
- 3.1%
- Utilities
- 2.2%
- Real Estate
- 2.1%
- International
- 2.0%
- Materials
- 1.6%
- Cash
- 0.3%
- Other
- 0.0%
How it has done
C000192074 share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.02%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is 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.
Fees & fund details
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
- Expense ratio, by class
- 0.31% – 0.61%
- Portfolio turnover
- 2.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
79 new· the largest 8
58 exited· the largest 8
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