JNL Multi-Manager Small Cap Value Fund

JNL Series Trust

Actively managed U.S. equity fund
$2.01B NAV
545 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

JNL Multi-Manager Small Cap Value Fund is an actively managed U.S. equity fund. 20% of JNL Multi-Manager Small Cap Value 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 85% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of the Fund is long-term total return and capital appreciation.

Strategy · summarised

The fund allocates its assets among five unaffiliated sub-advisers, each managing a portion of the fund's small-cap equity portfolio using independent methodologies. The adviser selects and monitors these sub-advisers based on expected returns, volatility, correlation, and risk contribution, and may adjust allocations or replace sub-advisers over time. Each sub-adviser employs a distinct fundamental approach—ranging from focused value screening to analysis of financial characteristics and management quality—to select small-cap stocks, typically holding between 25 and 110 companies. Because performance depends on the sub-advisers' security selections and the adviser's allocation decisions among them, results will diverge from the market.

Expenses
0.79% 1.09%across 2 share classes
Share classExpense ratioAs of
C0000047051.09%2025 Q2
C0000679940.79%2025 Q2

Portfolio turnover 34.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.62%
of net assets
Stocks98.51%
Cash & short-term2.10%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Financials20.2%
Industrials18.5%
Consumer Discretionary11.7%
Information Technology9.6%
10 smaller39.9%

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

Revenue growth
20%of stock holdings in top-quartile growers
covering 85% of the fund’s equity

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

2026Q2 vs 2026Q1: 359 new61 exited

Largest new: JNL Small Cap Index Fund, AOS, DXPE, SANM, OII, LGND, CPF, KVYO

Largest exited: ESI, IESC, Les Vetements de Sport Gildan Inc., STC, VRRM, WSFS, ADUS, VVV

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+23.32%
3-year
+43.20%
5-year
+32.25%
Volatility
12.72%
Worst 3-yr fall
-16.63%
Cumulative return· Jul 2023 – 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

Issuer%NAVValue
JNL Small Cap Index Fund3.79%$76.20M
Silicon Motion, Inc.SIMO1.79%$36.00M
JNL Government Money Market Fund1.54%$30.94M
White Mountains Insurance Group Ltd1.32%$26.57M
Wintrust Financial CorporationWTFC1.17%$23.47M
MYR Group Inc.MYRG1.15%$23.03M
Paycom Software, Inc.PAYC1.09%$21.94M
Axcelis Technologies, Inc.ACLS1.08%$21.64M
UMB Financial CorporationUMBF0.96%$19.30M
CoreCivic, Inc.CXW0.94%$18.92M
Showing 10 of 545Sign in to see more

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 14.83% of net assets, top 25 27.58%, across 545 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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