JNL Multi-Manager Small Cap Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, JNL Multi-Manager Small Cap Growth Fund held 331 positions with $2.54B in net assets. Its ten largest holdings made up 15.3% of the fund. Its share classes cost 0.68%–0.98% a year. Over the 12 months to May 2026, it returned 19.4%, with dividends reinvested. In 2026 Q2 it added 52 new positions and exited 48.
The investment objective of the Fund is long-term capital appreciation.
The fund allocates assets among six unaffiliated sub-advisers, each managing a portion of the fund with independent investment strategies focused on small-capitalization equity securities. Jackson National Asset Management selects and monitors the sub-advisers and determines allocations based on expected returns, volatility, correlation, and risk contribution, with flexibility to adjust allocations or replace sub-advisers over time. Each sub-adviser employs distinct methodologies—ranging from growth screening and fundamental analysis to valuation models—to select small-cap stocks believed to offer sustainable competitive advantages or superior growth prospects. Because the fund's performance depends on the sub-advisers' security selections and JNAM's allocation decisions among them, results may diverge materially from the benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Jackson National Asset Management, LLC | 2.63% | $66.93M | — | — |
JNL Government Money Market Fund | 2.04% | $51.73M | — | — |
AAONAAON, Inc. | 1.64% | $41.72M | 328.9K | $126.86 |
PRCHPorch Group Inc | 1.37% | $34.74M | 2.3M | $15.04 |
SharkNinja, Inc. | 1.32% | $33.60M | 220.7K | $152.27 |
1.31% | $33.34M | 272.6K | $122.33 | |
1.27% | $32.19M | 214.6K | $150.03 | |
1.25% | $31.90M | 571.1K | $55.86 | |
1.24% | $31.60M | 201.4K | $156.96 | |
SAIASaia, Inc. | 1.20% | $30.52M | 72.5K | $421.16 |
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 331 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 | 97.96% |
| Cash & short-term | 4.67% |
By sector
- Industrials
- 26.6%
- Health Care
- 21.7%
- Information Technology
- 17.9%
- Financials
- 8.3%
- 9 other sectors
- 25.6%
- Industrials
- 26.6%
- Health Care
- 21.7%
- Information Technology
- 17.9%
- Financials
- 8.3%
- Consumer Discretionary
- 6.8%
- International
- 6.6%
- Cash
- 4.5%
- Consumer Staples
- 1.8%
- Materials
- 1.6%
- Communication Services
- 1.6%
- Energy
- 1.4%
- Real Estate
- 1.3%
- Utilities
- 0.1%
How it has done
C000004683 share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.87%. 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 Multi-Manager Small Cap Growth Fund is an actively managed U.S. equity fund. 43% of JNL Multi-Manager Small Cap Growth 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 80% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.68% – 0.98%
- Portfolio turnover
- 78.00% 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.
52 new· the largest 8
48 exited· the largest 8
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