JNL Moderate Growth Allocation Fund
JNL Series Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
JNL Moderate 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.
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 strategies—with typical allocations of 40% to 80% in equity-focused funds, 20% to 60% in fixed-income funds, and up to 20% each in money market and alternative funds. The adviser adjusts allocations based on long-term market conditions, historical performance, and diversification objectives, and may change underlying funds at its discretion. Two of the underlying funds operate as interval funds with restricted redemptions under Rule 23c-3, meaning shares in those funds are not redeemable on demand but only through periodic repurchase offers. Because the fund's returns depend on the selection and performance of the underlying funds chosen by the adviser, performance will diverge from any benchmark to the extent those selections differ from market conditions or expectations.
| Share class | Expense ratio | As of |
|---|---|---|
| C000039495 | 1.20% | 2025 Q2 |
| C000192203 | 0.90% | 2025 Q2 |
Portfolio turnover 22.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 100.06% |
Latest quarter
What changed since the fund's previous filing
New: JNL/Mellon S&P 500 Index Fund, JNL Multi-Manager Floating Rate Income Fund
Exited: JNL/Morningstar Wide Moat Index Fund, JNL/T. Rowe Price U.S. High Yield Fund
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 |
|---|---|---|---|---|---|
| — | JNL Multi-Manager Select Equity Fund | 9.40% | $21.16 | $310.16M | 14.7M |
| — | JNL/Causeway International Value Select Fund | 6.26% | $26.86 | $206.52M | 7.7M |
| — | JNL/WCM Focused International Equity Fund | 5.93% | $19.34 | $195.57M | 10.1M |
| — | JNL Multi-Manager Alternative Fund | 4.96% | $14.55 | $163.80M | 11.3M |
| — | JNL/Fidelity Institutional AM Total Bond Fund | 4.91% | $13.67 | $162.05M | 11.9M |
| — | JNL/DoubleLine Total Return Fund | 4.72% | $11.92 | $155.66M | 13.1M |
| JCOFX | Jackson Credit Opportunities FundJCOFX | 4.70% | $10.82 | $155.01M | 14.3M |
| — | JNL/Newton Equity Income Fund | 4.58% | $46.48 | $151.03M | 3.2M |
| — | JNL Multi-Manager Emerging Markets Equity Fund | 4.50% | $12.81 | $148.51M | 11.6M |
| — | JNL/T. Rowe Price Capital Appreciation Equity Fund | 4.47% | $12.26 | $147.61M | 12.0M |
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 54.42% of net assets, top 25 93.42%, across 31 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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