JNL Moderate Growth Allocation Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, JNL Moderate Growth Allocation Fund held 31 positions with $3.30B in net assets. Its ten largest holdings made up 54.4% of the fund. Its share classes cost 0.9%–1.2% a year. Over the 12 months to May 2026, it returned 14.0%, with dividends reinvested. In 2026 Q2 it added 2 new positions and exited 2.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
JNL Multi-Manager Select Equity Fund | 9.40% | $310.16M | 14.7M | $21.16 |
JNL/Causeway International Value Select Fund | 6.26% | $206.52M | 7.7M | $26.86 |
JNL/WCM Focused International Equity Fund | 5.93% | $195.57M | 10.1M | $19.34 |
JNL Multi-Manager Alternative Fund | 4.96% | $163.80M | 11.3M | $14.55 |
JNL/Fidelity Institutional AM Total Bond Fund | 4.91% | $162.05M | 11.9M | $13.67 |
JNL/DoubleLine Total Return Fund | 4.72% | $155.66M | 13.1M | $11.92 |
JCOFXJackson Credit Opportunities Fund | 4.70% | $155.01M | 14.3M | $10.82 |
JNL/Newton Equity Income Fund | 4.58% | $151.03M | 3.2M | $46.48 |
JNL Multi-Manager Emerging Markets Equity Fund | 4.50% | $148.51M | 11.6M | $12.81 |
JNL/T. Rowe Price Capital Appreciation Equity Fund | 4.47% | $147.61M | 12.0M | $12.26 |
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.
All 31 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 | 100.06% |
How it has done
C000039495 share class · total returns with dividends reinvested
Volatility over the last 12 months: 8.40%. 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 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
- Expense ratio, by class
- 0.90% – 1.20%
- Portfolio turnover
- 22.00% 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.
2 new
2 exited
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